Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-01-12

Is6I -------I1 lp-9 1907. ....25g o10,J0O
AS to his estimate Of this years c5rtcp
crop, we think Mr. WELLS mistaken.
Oar Information, bsiore tee troubles in
Arkansas commsuced, 1ss to the effect
that the crop would not Fesch 2,300,0o0
bales; and from shat re hesr OF the IL
difference OF the nsgEO labO-sgs in places
where the crop has not yet al been
gathered or ginnejI and the destruction
5y maraudiHg bands OF Ii...is, we iB-
cline to the bsIief that 1t viii hardly, If
st eli, reach 2I0j,0 900 gaiss. BII even
such a difference 10 estimates viii not
affect the generally favorable result
reached in Mr. WELLS rsp3ct.
Ths extention Of railroad lines and in.
creased movement on the rsilros5s OF
the United States, which in tie main
represent increased product also sGJrds
some indication OF the progress Of the
development Of tae e3Galry. Thus:
The total rumber o. miles OF railroads. Ia the
United States al tie close Of 1893, was iteS; al
the close Ofls57, Ss.24l; slvlugau average in
IANANE VI IL ~ N@N- p AA- "a a4e aaAaAA HE4A-=
period.
since and Iae,udlug The year Isr, tho year Of
the termination OF me war, nearly SOB IL
OF railroad Lsve been -rlctedi ia the United
States, ard the present alto OF inc easel IS more
than double the avsrGse o. railroad history
prior 10 $50 viz: lbs mi e-f
Tho ra.io OF the gross esrLi5gs TO cost o. the
r2ilrOzd5 osthe wCCle cSu2IFy IoEths yeaTls7
was equal to about twelty-Cu5 Fer cent. for
Tha Enr|nErn STATES rhn-H -auHN.+tH rec rH.F
cent. Che railroads OF the c0lutry, therefore,
noF recsivs t-eir cost 40 q lite moIe 1hEu cur
ysars, aud thus ratio O. gross earnings -o cost IS
steadily Increasing VITA tas Increase OF the
railway system and tramc OF De couutIy.
Again, the sverags number OF tons Of freight
carried upon The railroads % the c5uairy i-ss-
timatel at 700 ton p r mile OF road. The
gro=s tonnage OF Las sJ.l,i miles OF Tal,roa1 in
eXis-eac5 81 the c.oss O. isy5, at tbs above esl.
mate. WIS equivalent - q. $4,000, and Il WeCe-
duet fron this amount l. G0 600 tons fJI coal
and other cheap Material, ana an equal
amount forduplca-.Cns Of Jhe same tonusgs
a ferent ros1s, these Wtl be left Il. $500
tons Of merchandise moved annually upon ali
the railroads OF the laltsd S-a;e7. Al an C=ti-
mated Y Lue Oslo PEE ton for III this tOan-ga,
tie total annual value OF the msrch 81 disc
franc OF al the roads a. present equals : 49,
-2el.
Tia total amount OF tonnage transported on
ali the roads o. the c5uulry Tor the year ISL, $
estimated by good authorities at not exceeding
10 90 UU tons. II nom fuls we cCducJ 5000 go
tons f1r coal and Cthe- elaGp Iateria.s, ana
100000 tons for cuplo tio1s, there viii be left
a meIchardss tOula- - 90 OJy toes in 1881,
sg zinst 4S,453,UG0 tons q 1857. Toe rate OF in
crease in tnis period, O. ereiO-s, has been eq1al
10 so per cent, snI Lhs aCtGaliucs sse4-. lSS uUJ
tors At t1e estimated value OF $50 per ton,
the increase IN the value ofther ailwaymerchau-
disc OF the country In l5 y5ars, has been S. 514,-
10000, OF at the rate OF nearly Sla1yJO,G00 per
annum. And it should also te noted that
one halfoILbls total increase hastaken pisccin
the seven years gaat have elapsed since Is5U.
The earnings Of the ten principal raIlway
Lines Of the West exhibit for the first ten
months o. 1858 twith a decrease rather than Al
Increase Of freight rates a gain OF eight pei
cent as compared with earnings Of The cores
ponding moths for the year ISL. Taxing
also, the movements on the railways AMI Ca
nails OF the State Of New York, which are
known TO be accurate, and a. the same time,
accessible, as a measure Of Comparison for the
whole country, We dld that line total annual
tonnage increased from 1887 tons, in 1888. to
1865. O05. in 1865, an Increase OF "a per cent,
VIII e the annual Va ua Of the tOnu8gs thus
moved increased from Sisj,sl6,50j ia ISIS, 10
Sl,7&4@s1,2J7, IA iS5s, d gaia OF 81 per cena
An examination 81 the railroad statistics OF
the whole cOUatry 10 tbe above ptF.od, further
indicates that during tine Ten years above re-
ferreI tO.0T no "a lsS TO ISIS, The iusre lse or ION
moysd on IL raiiwayso this United States
has been a. 2 rate siLtsea ulses grsItJE IuF ne
ra:i5 81 the increase n PgpaJtoa.