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The Reading Railroad | ![]() |
The Philadelphia & Reading Railroad
was chartered in 1833 to serve the coal fields in Pottstown and deliver coal to the city
of Reading.
It bought up many smaller railroads in
the Schuylkill Valley area of Pennsylvania before setting its sites on the New York
market.
The Reading filed for bankruptcy three
times in the 1800s before becoming a stable and profitable company. It continued to draw
steady revenues from coal and passenger service.
Most of the Reading's 20th century
activity in the Garden State was in South Jersey. The Reading had controlled the Atlantic
City railroad and the Pennsylvania was in competition in the Philadelphia to Atlantic City
run.
Catasaqua and Fogelsville Railroad
Gettysburg and Harrisburg Railroad
North East Pennsylvania Railroad
Perkiomen Railroad
Philadelphia and Chester Valley Railroad
Philadelphia, Newtown and New York Railroad
Pickering Valley Railroad
Port Reading Railroad
Reading and Columbia Railroad
Stony Creek Railroad
Williams Valley Railroad
Delaware River Ferry Company of New Jersey
Philadelphia and Reading Railway
Chester and Delaware River Railroad
Middletown and Hummelstown Railroad
Rupert and Bloomsburg Railroad
Tamaqua, Hazleton and Northern Railroad
Norristown Junction Railroad
Philadelphia and Frankfurt Railroad
Philadelphia, Harrisburg and Pittsburgh Railroad
Schuylkill and Lehigh Railroad
Shamokin, Sunbury and Lewisburg Railroad
New York Short Line Railroad
Norristown and Main Line Connecting Railroad
Reading Belt Railroad
But, in 1967 the Reading lost money again. Watching the cash reserves becoming depleted
at a very fast rate, the Reading declared bankruptcy for the fourth and final time in
1971. The Reading never had any real chance of making it on its own. But, hurricane Agnes
struck in 1972 to make sure that even that small change was removed.
The Reading entered Conrail along with all its subsidiary railroad properties including
the Pennsylvania Reading Seashore lines on April 1, 1976. The Reading estate continued
into the 80s and today operates as an entertainment booking company.
By: Joseph Corso, February, 2002