The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1894-09-08
FACTS ABOUT RAILROADS,
Ths Interstate Commerce Commission
Gathers Interesting Statistics.

10S AnterstaCe commerce Commission
Gathers Interesting Statistics.
The interstate commerce commission
has made its sixth statistical report.
The total mileage of railways in the
United States on June 80, 1893, was
176, 461.07, being an increase during
the year of 4, 1915 miles. The CORE
spending increase during the previous
year was 8, 160.78, from which it ap-
pears that there was some revival in
railway construction during the year
covered by the report The number of
roads abandoned during the year was
49,. The total length Of line, including
all tracks, was $50, 1927, which in
cludes 10,o51. So miles of second track
and 10, 045. 40 miles of yard tracks and
sidings.
The total number of employees in the
service Of railways on June 80, 1898,
was 879, COZ, being an increase of 3d.
l87. Of this total of employees, IS, 1874
are assigned to the work of general ad-
ministration, 256, 212 to maintenance of
way and structures 175, 464 to mainte.
nance of equipment and 397, 915 to con-
Quoting transportation, the remainder,
s, 627, being unclassifed.
The aggregate property properly clas-
sified as railway capital was on June
80, 1898, $40, SOC, 235, 40, which shows
railway capital equal to S63, 421 per
mile Of line The amount Of stock out
standing was "a, 66S, 935, 41S, of which
So, 982, 009, 500 was common stock, the
remainder, 1856, 925, 816, being pre-
ferred stock. The funded debt outstand-
ing was So, 225, $50, 821, classified as
follows: Mortgage bonds, 81, 5O4, 1873, :
1862; miscellaneous obligations, $41O,
474, CAT; income bonds, $248, 1879, 73O,
and equipment trust obligations, $62,
500, 282. The amount of investment in
the railway securities has increased
during the year from 81, se1, 457, 05s to
81, 563, O22, 2S3, being an increase of
$171, $50, 1870.
The amount Of stock paying no divi-
dends during the year was So, $50, 1874,
572, being 61.24 per cent of the total
stock outstanding
The total of dividends paid was $780,
| 029, SS5. The amount of mortgage bonds
| paying no interest was $492, 276, 900,
OR 10. SO per cent Of the total of mort
gage bonds, and the amount of income
bonds paying no interest was 1904, 1854, :
800, OR 50. Sc per cent Of the total Of in
come bonds.
The total number Of passengers car
ried during the year ending June 80,
1898, was 593, 560,612
| The number of tons of freight report
ed by the railways for the year was
745, 119, 4S2. Ton mileage was SO, $685.
Ill, 1913.
The gross earnings from operations
on the railways of the United States for
the year ending June 80, 1898, were ST.
220, 751, 874, being an increase of $49,-
344, 531 over gross earnings reported in
the previous year. Operating expenses
during the year were 1927, 921, 299, be-
ing an increase Of SAG, 923, 3O3 over the
previous year. ......
The final net income available for
dividends was Sill, 058, O34, being a
sum less than the corresponding amount
] for the previous year of "a, 9O7, 157.
After deducting from this amount the
dividends paid the income account Of
railways in the United States for the
year 1893 shows a surplus Of SIS, 49,
745, which is less than the surplus Of
the previous year by So, 1919, 4.
The number Of railway employees
! BILLED during the year was 2. 727. being