The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-11-30
FACTS ABOUT RAILWAYS.
STATISTICS OF THE INTERSTATE
COMMISSION.

/ SGT Miles-rhs Corp orations Num-
/ Der 1,737-The Gross Income 81 ,o5l,-
| 877,632-Tne Locomotives IN Use
! 2e.929 AID the Cars 1,1o4, 80.
Employees Foot up 74e,3o1.
WASHINGTON. Nov. 29.-Thers will be
issued this week from the statistician's office
OF the interstate commerce commission the
third annual report on statistics Of Rail-
ways in the United States" This report
/ gives comprehensive statistics covering the
! operations Of the rail ways during the fiscal
year ended June 80. 1890, and statement
of the earnings and expenses for the nine
months ended March 80, 1891 A marked
feature Of this report, which adds greatly
to the value II its statistics, is the mapping
and division Of all the statistics in ten terri
torial groups, by which the differences in
the conditions of operation in various parts
Of the country are clearly brought to notice.
The comp .risons re .dered possible by this
report show marked differences 10 different
parts Of the country.
The railway mileage IN the United States
on June 81, 1891. was 1853 597 miles Tue
! increase in railway mileage brought into
! O GRAFTON during the year 6,OSJ miles.
way mileage during the fiscal year, being
459 miles, aud Georgia comes next with an
increased mileage OF 437 miles.
Group D, made up Of Kentucky, Tennes-
see. Mississippi, Georgia and Florida, show
an ino. e.-set mileage Of $40 miles during
the year.
NUMBER OF CORPORATIONS.
The number OF railway corporations OF
June 30, 1890, was ]. 1877, OF which 927 are
operating companies. Twenty-Five COM
panies. representing 1876 miles, have
been re rganized during the year and "a
companies, representing ,9O5 miles, have
merged their corporate existence into other
corpora; ions: 80 companies, representing
G. 1873 miles, have bsen consolidated with
other companies; 40 railway corporations
operate a, S72 miles OF 47.51 per cent. of
the total mileage The average length of
line for these 40 roads is nearly 1000
miles. The gross income OF the "a
companies is $S37. 100000 out a total
gross income of all the railways in the
country OF 81. O5l ST., $780, or 80 per cent
The total number of locomotives in use
is 20 92S, Of which S, 3S4 are passenger loco
motives and 16. l40 are freight locomotives.
This shows 10 freight locomotives and
passenger locomotives for each 100 miles of
opel ed line.
The number of cars used on the railways
Of the United States is l, l64, 1873 or 744 per
| 100 miles The larger portion of the equip
ment Is found on the railways in the eastern
and middle states.
NUMBER OF MEN EMPLOYED.
The total number OF mon employed is
| 749, 30l, being an increase OF 45, 553 over the
number employed in 1889. The average
number of men employed per 100 miles Of
| line on all roads is 476. In the New Eng
land STATS it is TIC, in group 4, covering
| Virginia. North Carolina. South Carolina
aud part Of West Virginia, it is 1856, and in
| the various sections of the western states
the number ranges from $50 to 1913 per 100
miles Of line. These figures indi ate In
creased density OF traffic in the eastern and
middle states.
ENORMOUS CAPITALIZATION.
| The 1856, 404 miles Of line which is made the
basis of the statistics in this report Is repre-
senSed by railway capital to the amount of
| 81, 459, Aha, l72, equivalent to $50, 4S1 per
mile. Assuming that the remaining
mileage is capitalized at the same rate. the
total capitalize Ion of railway property in
the United States would be 90, s94, 4S3, 400.
The incl ease in the railway capital for 1890
over the railway capital for the previous
| year is S444, 26S, 79S. OF this amount
$3.50, 200, 900 at least Is due to increase in
capitalization on lines already in existence.
| The proportion of railway capital repre-
sented hy stocks ID 1852 per cent. of the
| total railway capital. The amount OF stock
per mile of line is $2S, 1922, and the amount
Of outstanding obligations, including bonds,
| equipment trust obligations, etc., is S29, 1852.
| There are marked differences in the capi-
talization of railway property in various
sections of the country. In the middle
| states, group 2, for exam DIE, railway cap
ital is outstanding to the amount of S1l8,-
Csc per mile Of line. In California, Oregon,
Washington and saother states and terri
tories. CO shutting group 10, railway capital
| Is outstanding to the amount of $751;
104 The roads which converge
in Chicago, lying east of the Missouri
river, that is, group g. are capitalized at
| SAT, 645 per mile of line, which fairly repre-
sehts the capt. allzation in the other sections
of the country, exclusive OF the middle
states and Pacific slope. The capitalization
of the railway property is largely in excess
of its market value.
DIVIDEND EARNINGS.
The interest on railway bonds and final
net earnings available for dividends may be
accepted as the amount accrulng to the
owners Of the railways on their investment
The amount paid in interest was
1926, All, 937; the final net earnings
we're $l06, 1851, 1854 OF the sum Of
these amounts be capitalized at 5 per cent
it shows tLat the value of the railway
property. considered as an investment and
for he year ending June 80, $780, was
ST. 667, 7lS, 420; equivalent to $42.63 per
mile of line.
PASSENGERS AND FREIGHT CARRIED.
The number of passengers carried during
the year was 492, 430, 1855. The aggregate
number of miles travelled by all passengers
was II, SAT, 7S5,6l7 or an average journey
of "a miles. The average number of pas
r sengers per train was Al.
The number of tons of freight carried
during the year covered by the report was
CSC. AL ,617. The average carry per ton W as
: 1l9 miles. and the average number OF tons
per train Is shown to have been 174.05
The revenue per passenger per mile of
line on all the railways in the United States
was 2 167. The average cost of carrying
one passenger one mile was l.9l7.
{ The revenue for carrying a ton of freight
one mile was .941. The cost of carrying a
to of freight one mile was .604.
The revenue per ton per mile and per
passenger per mile differ greatly in various
! sections of the country. The lowest receipts
per ton per mile are in Indiana, Michigan
, and Ohio, group 8, being .695. The
highest rate on revenue is found on the
Pacific slope group, it being 1851 cents.
NUMBER OF FATALITIES.
The total number Of persons reported by
} the railways as killed during the year was
$500, and tue total number reported as in
~ al