The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-07
THE COUyTRY'S
Nearly Two Thousand in the United
States Now.

5vays to 6eaCn EABhL zines AROUND
che Globe-An Army Of En-
cloves Nearly Million Strong.
Six Hundred Million Passengers
Carried Last Year.
The fifth statistical report of the In
.srstate Commerce Commission, pre-.
rared by its statistician, has just been
submitted
The total railway mileage of the cOun.
try on June 80, 1892, was III ,56352 miles
an increase during the year of 3,l60 Is
miles. This is the smallest increase in
railway mileage reported for a number of
Years. The only railways which show an
Increase in railway mileage in 1892
Greater than the increase in 1891 are the
railways lying in the New England
states and in the territory east of the
Missouri river and west of Michigan and
Indiana; but this is due to the fact that
the increase in 1891 was abnormally
small The state of North Carolina leads
in railway construction, showing an in
crease of 1882 miles. The only other
states which show an increase in excess
of $50 miles are Louisiana, Michigan,
i
CLASSIFICATION OF RAILWAYS.
The total number of railway corpora
tions on June 80, 1892, was ,S22, being a
net increase of 81 during the year. OF
this number 500 maintained independent
operating accounts, and 7l2 were indie
pendent operating companies. OF the 761
subsidiary companies 800 were leased for a
fixed money rental and 1856 for a contin-
gent money rental, the remainder being
operated under some form of traffic agree
ment not easily subjected to classified
ton There have been fewer changes in
the organization of railways during the
year ending June 80, 1892, thanduring any
previous year During the year 9 roads
were abandoned; 10 were merged into
larger corporations: II were reorganiZed,
and 16 were consolidated.
The classification of railways accord
ing to length of line operated shows that
there are 43 companies i'll the United
States having mileage in excess of !, 900
miles, "a companies operating mileage
between 600 and 900 miles, "A companies
operating a mileage between 400 and 600
miles, 40 companies operating mileage
between 250 and 400 miles, and S7l com
panies operating mileage under $50
miles. The total mileage controlled by
the 43 railways operating over 200 miles
N
Of total mileage.
EQUIPMENT.
The total number of locomotives on
June 30, 1892, was 80, 1876. OF these S,S48
were passenger locomotives; 1859 loco
motives were assigned to the freight ser
vice; 4,355 were switch locomotives and
2,314 were unclassified and leased, The
increase in passenger locomotives during
the year has been 1870, and of freight To-
cOmotives $50 The total number of cars
reported by carriers as their property
was 215,092 OF these 966, 99S were in
the freight service, Sc, 901 were assigned
to the company's service, and 35,97S were
assigned to fast freight line service. In
addition TO the above cars owned the
companies report 1916 339 cars leased. 1t
should, however, be remembered that
these figures are exclusive of cars owned
by private companies and leased to ship
pers for the purpose of transportation.
The average number of locomotives per
100 miles of line Is 20; the average number
Of passenger cars per 100 miles of lines is
Is; the average number Of cars used in
the freight service per 100 miles of line is
EOS These figures show a decided in
crease in density of rolling stock over the
previous year. The number of pasSen-
gers carried per passenger locomotive
was $3.50, and passenger mileage per
passenger locomotive was 1,5l0,273. The
number of freight cars per 100000 tons
of freight was ,621 This is a decrease
of 80 as compared with the previous year
There has been an increase during the
year in the number of locomotives and
cars fitted with automatic couplers and
train brakes. The report shows a total
increase in equipment of 27,l39, and an in
crease in equipment fitted with train
brakes of S,531, and an increase in equip
ment fitted with automatic couplers of
1929
EMPLOYEES.
The total number of employees in the
service of railways on June 30. 1892, was
S2l. Ais, being an increase of 81, 1870 over
the previous year. Assuming an increase
in the total number of inhabitants during
the year of /, $50, 900, it appears that the
ratio of increase in railway employees to
the increase in population was one to
thirty-fOur. The ratio of total railway
employees to total number of inhabitants
was one to seventy-nine.
The Capitalization of the 162, 397. 30 miles
covered by the report was, on June 30,
1892, $40, 226, '4S,l3 OF this amount
1888, 10S, 763 were represented by stocks
and s., 053, OBS, $50 by funded debt. Mort
gage bonds amounted to 81. 302, $40 ,993 as
compared with 81 081 621 SIS for the pre-
vious year. The above figures show an
increase in capitalization during the year
1892 Of 1897 ,273, 119. In view of the
slight activity in railway construction,
this increase in capitalization is worthy
OF especial notice. In large measure it is
Que to investments by large corporations
IN minor companies and to reorganlza-
uon. In quite a number of cases, also,
STOCK dividends or their equivalents have
pee1 issued. OF the total stocks and
ponds outstanding, the railway corpora
lions on June 80, 1892, held as their cor
porate property 81 ,39l ,457 ,053, being an in
crease Of SOS, 53l 1897 over the previous
year Nearly one-fourth of the total rail
way stocks outstanding are the property
VI railway companies. The amount Of
STOCK paying no dividends during the past
year was 81, S01 ,403, 1926, or 60.60 per cent.
u IHe total amount of stock. The aggre-
gyate amount paid in dividends was S97 :
VIZ 40, being an increase for the year coy
CIeu by the report of ST, 1876, $50. The
amount of funded debt, exclusive of
Equipment trust obligations paying no in
crest was SIT, 10 ,420, or 1856 per cent.
u 'he total amount outstanding.
PUBLIC SERVICE.
b.. me total number of passengers carried