Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1877-02-22

>
The tenth annual report of The Rail-
road Commissioner is just completed.
The Com missioner refers to the old
time trouble Of Inducing railroad 4 ffi.
cials to send their annual reports, the
want OF which makes the report well
nigh useless Is book of reference. .tz.
The aggregate of main, line and
branches in Ohio is 5000 miles. but the
earnings are confined to 1868 miles ope-
rated. The net gain in length of main
track and branches during the past
year ending June 3d., was, IS miles
against s6l miles the year previous.
An interesting comparative business
statement given, shows that during
the past year Is 175, ,963 passengers were
carried by rail, an increase of 982. 2.015
over the previous year. The freight
tonnage Q was g, 1884, ,799, a gain OF 3 $685.
29S tons. The gross earnings of lines
operated were SIS, PSI, l40, q decrease
in amount of 81 %, 1856. .-.a jil7
While the gross earnings fell over o
million, the net earnings are increased
$363,750, the total amount being ST..
879, ,433, or three and thirteen. hundred
tbs per cent. paid in stock, bonds, and
the liabilities of companies owning the
lines. -
/ .fne passenger earnings were SIT, ,486,
e67, which Is a decrease of $685., ,656; and
The freight earnings s42, 444 ,0s2, against
$43, 230, $50 of last year, 4 falling OF oi
earnings from this source of S786, ,SS7.
The aggregate of paid in capital stock
reported by these com panies Il e27s,-
2S3, $50; Of bonds outstanding SZ73, 3,596,
545; and of other net debt. liabilities
s28, ,9i4. $50, ora grand total Of $570, 1885, !
lS6. The interest paid on the funded
debt of the various railroads doing busi
ness in Ohio, during The yesr, amounted
to So SIS, ,202, and all other debts to
81. .045, ,S07. Gzs ress fts ,'esi- =
Dividends amounting to $521 ,399
were paid on preferred stock, and 50,
7l5, l73 ON general stock. f1
The proportion for Ohio in the aboye
figures is as follows: -- .
Capital stock paid In, $l52, ,282, ,057 80;
funded debt. STAG, $40, 500. "a; other
debts, net, SIS, ,599, ,27278; total debt,
Si65, ,44e, 1852; total stock and debt,
$3i7; ;72z, 232 81; miles of track laid with
rail, 4,458 SO; miles OF double track sid
ing, etc., 800. .65; total earnings, $S4,
ii9,049 is; net earnings, So, 7f4,4S3. .S5 !;
number Of employees II reduction of
/ ,2S3}, 25, ,433. -.
OF the fifty-six coin panies whoare re-
quired to report to the Commissioner,
thirty-one are operated either by the
cempanies or q receiver, and twenty
five By Elessees.
/ By returns forty.tbree companies
sh0w Si62, i3f ,2l7, or the cost OF con-
structiag 857S miles of completed main
track. ThesmOunt, however, includes
the grading of 325 miles additional, not
laid with iron. Twenty-seYen COM
panies give $28, ,548, ,6e5 as the cost Of
.equiping $3.50 80 miles. and sixteen
their lines being under lease or in pro-
gress, and no rolling stock, while thir-
teen who do not separate cost Of con-
structiOn from that Of equipment, re-
turn $3.50, ,427 sos rs the cost of these
items combined of 4, ,038.09 miles.
This is,an aggregate for road and
equipment of S50l, ,107, ,412, an average
of $65, ,S76 per mile, II divided upon the
track owned by tiifty-six COMPANIES.
The fifteen companies ciassed as rail
way lines, with 172i mikes Of proposed
line show an aggregate constructiep ac-
count of 1880. .426 expended for the
grading of 343.61 miles, and the con-
structiOn of bridges, tunnels, etc. The
amount expended upon the lines In
progress for the year ending June 30,
1876, was 81, ,772, ,040. i-fa sssi
The seventy.One companies, ipclud-
ing those with lines in progress, report
their paid up capital stock rs amount
ing to $40, 81, ,1S7, sa increase within
the year of 81, ,434 ,6i4. The amount of
mortgage bonds given is $z74, ,208, ,045,
and of other net debt s29, ,282, l73, max
ing total Of $3O3, 490, ,2l9. This shows
an increase In funded debt of q, ,SS7, ALP,
and decrease Of $2,si9, ,2io Of other
debt, caused in part from not deduct
ing last year, ss was done this, the
amonnt of cash available to payment.
The aggregate of capital stock paid In
bonds and other debt liabilities Is 1914,
433. .4O7, q total increase in these items
of 81, ,352, ,S46. ''li go
The rolling stock reported in use,
compared with the year previous,
shows al Increase in uufnher Of rs loco
motives, So passenger and i44S freigh;
cars, with decrease of 20 express and
baggage cars, 10 psrlor and sleeping
cars, and of 1859 construction and other
cars. -r aas1 sn-As -
There were 1920 miles of track laid
with steel rsJl, 81. .7es miles OF Telegraph
lire reported, with Offices at ll44of the
1850 passenger and freight stati0nsi up
on the lines operated. and the number
of men employed Is 81, i,379. "a ~,
The aggregate reported expenditure
for the maintenance of way and struc'
tures IL $ll ,27S, 1856, q decrease from lasi
year OF t449, ,llS, while the length ol
the line operated Is increased over i've
per cent. t- s fa..-e Il
OF the lines In progress, reporting
$2,658, ,5S7 capital stock paid In, hIns
have II ,420 Ohio stockhelderss Eh<
other six falling to state thenumber.s.
The addition to length Of operA*ot
line within the State for which reternl
were made for the past year was - q
miles, making total OF 4430 90. apos
which the average per mile Of GPee
5s1sfsG ga e ''-s-s 'a -