The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-02-04
Total. -. e, 5si9sa f6si9a2a E7ss4s7i fa,9i9 GIL


In 1912, the receipts amounted to f434i 7s, and in
1884, to ca $685. showing in the past years an in
Of than hundred per In the income
from these works.
The gradual increase of railway traffic In the United
Kingdom, as shown by the above table, must be- very
gratifying Notwithstanding the depression du-
ring ls47 the traffic increased f over the pre-
cedng year. There were also some hundreds of miles
of branches opened which will require years to
develope the traffic upon them During the years ls4S
and ls47 additional length of 400 miles new rail-
way was opened, and, of course it will require two or
three years before the traffic can come into play
In the year ls43, So opened in 1874 1914 miles
In ls45 263 miles in 1916 500 miles and ls47 500 miles:
that in tho of Eve years from the of 1912
to the end OF ls47 1919 miles opened for the traffic
while the length opened in the past year forms about
437 per cent Of the whole length opened since ls42
The increase OF traffic in the year lS43 that of
the preceding year, amounted to f4s5s74 in the year
1874 to f757, 327 in ls45 to ElO54, 242; in 1876,
ESQ., and in ls47 the increase over the preceding
year amounted to e. 2s4,797.
The average traffic receipts per mile per annum ap-
pear to be follows For 1912 f3Os6 ls43 E30sl;
for 1874, f3as5 for ls45 fs5OO for 1896 f32ss and
for 1877 f2s62 The great increase which place in
ls45 Doubt resulted from the augmentation Of traffic
consequent upon the speculation and extra amount of
travelling during that period.
The decrease in the receipts per mile per snnum, in
ls47 doubt. due to the great depression and the
opening of several hundred miles Of branches upon
which Is not to be expected that the traffic can rank
in amount with that the trunk lines least sew
eral years hence
Tha amount of capital expended on the railways re-
ferred to in the above table, up to July in ls4 was
f5aasO 1907 in ls4s EST 6a5 1901 in 1884, EOS 4s0 100
in 1916, f7le4e,lOo in 1916, 6SOo; and in ls47,
the amount was fl09, 500.
The average cost of the railways per mile would ap
pear to be- in ls43, f3636O in 1884, fa5670 in $780,
fssO7O; in 1916, fsl $780, and in Is47 CALICO showing
gradual decrease in the cost of construction which is
far favorable.
From calculation of the profit per cent on the cap.
tal expended after allowing IS per cent of the gross
cepts for working expenses 1t appears that ls42
amounted to 3s per cent in ls43 to per cent in
1914, to II per cent In ls45, to 60l per cent in
1885, to $50 per cent and in ls47 it amounted to 53l
per cent.
OF the $40 miles Of railway sanctioned in 1914, 67l
miles have been opened Of the $50 miles sanctioned
in ls45 $50 have been opened and of the 705 miles
authorized in 1896 ss miles have been opened In ls47
the construction of liOs miles of railway sanction
ed During the four past sessions 1892 miles Of railway
authorised to be made; of these 1877 have been
opened for traffic; and it is estimated that 200 miles
nearly ready for opening, leaving about 1855
miles to be completed and so55 to be opened for traffic
in addition to the 3449 miles already open; making
total of miles 1t is probable that there about
IL 900 miles more to be sanctioned and made.
The railway calls for January amount In the aggre-
gate to f456l,l57, Of which the calls account OF
Engsh rosds amount to f3 6e0,2o2; Scotch calls
fs6 500 Irish calls s2965 $685. foreign calls f2os $50
These calls are classified in tho following order -
L. Those paid by dividend paying companies. 1896
Rv lies nj N
ls45 non. dividend paying. ......... l4sl, 900
3. By companies incorporated in 1916 and
lS47, nom dividend paying. ........... 52s 600
A. Those made by foreign companies. 49,. goa, $50
Total for January ISlS ..... CA SCI. l57