facilities connected therewith are well advanced. The laying of the
track, the electrification of the line, and the installation of the
signaling and lighting systems are under way. It is anticipated that the
line will be ready for operation in the spring of 1910.

Report has been made to the Public Service Commission that a large part
of the right of way for the New York Connecting Railroad has been
obtained, and more than $3,000,000 has been spent by this railroad. The
piers and docks at Newtown Creek and the electrification of the line
from Newark to Jersey City are not yet actively under way.


ESTIMATED COST OF THE IMPROVEMENTS.

As appears from the foregoing statement, only parts of the improvements
contemplated in the general scheme have been completed, others are in
progress, and others have not yet been commenced. It is therefore
impossible at the present time to make a close estimate of the total
expenditure involved in the execution of the entire scheme. The
following estimate of the cost of the Pennsylvania Railroad Company's
improvements in the New York District when fully completed is based on
the best information now available:

New York Tunnel Extension and Station, including
Interchange Yards at Harrison,
N. J., and Sunnyside, L. I., P. T. & T.
R. R. Co. $100,000,000

Long Island Railroad electrification, Bay
Ridge and Atlantic Avenue improvements,