13
The Neiv York Central and Hudson River Railroad Company

The construction of a connection between this company's main line and the West
Shore Railroad at Harbor, east of Utica, has cost during the year $288)909.84, of which
amount $37,077.53 has been charged to the West Shore Railroad Company as advances
for new construction.

TRe changing of grade crossings in the city of Buffalo, which has been in progress for
many years, has been continued at a cost of $112,553.68 for the work done during the j'car.

The changes in the accounts relating to the property of this company during the
year were:
Charges on account of road:

For extensions, additions and betterments                     $12,832,485 47

For road acquired by merger and by consolidation         46,627,874 49    $59,460,359 96

Charges on account of equipment:

For equipment purchased                                                  $8,076,782 09

For additional trust equipment                                           7,729,614 77

For equipment acquired by merger and by consolidation      7,680,801 93

$23,487,198 79
Less Value of equipment retired                                          4,029,201 41      19,457,997 38

making a net addition to this companj^'s property account of                      $78,918,357 34

During the year $2,451,068.45 has been accrued to represent depreciation upon equip¬
ment still in service. This does not, however, diminish the amount of actual investment
in equipment.

The changes in the character of the rolling stock in revenue service have been numer¬
ous and extensive, in continuance of the policy of substituting the strongest and safest
cars for such equipment as was not considered to be of the required standard of efficiency
and service (but which could be used safely in non-revenue service) and of equipping
wooden cars with steel underframes. The following table exhibits the large increases in
steel and stcel-underframe cars which have been secured during the last two years:
Cars in passenger service:                           Year 1911     Year 1912     Year 1913           1913 over 1911

Steel                                                              297           388            521            224   =    75%

Steel-underframe                                          135            173            300            165  =   122%

Cars in freight service:

Steel                                                           4,600         7,329         8,445         3,845   =    84%

Steel-underframe                                     11,836       18,754       29,627       17,791   =   150%

Cars of all-wood construction have undergone the changes indicated below:

Year 1911        Year 1912       Y'ear 1913              1913 under 1911

Cars in passenger service                              2,015         1,917         1,787            228   =     11%

Cars in freight service                                52,746       46,588       41,724       11,022   =    21%

During the year a net increase of 111 steam locomotives in service is shown and an
increase of 10 electric locomotives of an improved type and having a capacity to haul
trains of 1000 tons at a speed of sixty miles an hour. Thirty steel passenger-train cars
have been equipped with multiple-unit electric motors and 25 new multiple-unit cars
have been acquired, bringing the number of self-propelled cars in passenger service in
the Electric division up to 192.