The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-07-09
INDUSTRIAL TOPICS.

The Pullman Palace Car company
has advanced the wages of its 1900
employees 10 per cent. The advance is
due to the bright business outlook
According to current statistics Penn
sylvania is. next to New York, the
largest trolley state in the Union. New
York has 1853 miles of street railway
trackage; Pennsylvania has 1,422 miles.
In no other state has tine progress of
the trolley made such headway; this
Is evidenced by the fact that of the
track mileage of 1,422 miles there are
operated by electricity 1904 miles, the
remainder having animal-power, cable.
or some other which may be described
as miscellaneous. The showing of
Pennsylvania in the matter of securi-
ties issued against track mileage is
very much better than that of New
York-a fact which should commend
itself to investors. The capital liabil-
tiles (stock and bonD of the Pennsyl-
vania street railway companies oper-
ating mileage of 1,422 miles aggregate
$15S.601, ,410. which is at the rate of
Sill, 500 per mile of track. This COM
pares with New York's capital liabili-
ties stock and bond) of 1929, ,3OS. 16S. or
at the rate Of $2O7. 100 per mile of track,
with total mileage of 1853 miles. The
equipment Of Pennsylvania lines is,
moreover. probably better as a whole
than those Of New York. Another
point in favor of Pennsylvania is that
the funded debt Of the companies is
comparatively small. namely, s42, 3O7,-
$780, or at the rate of only $3.50 per
mile Of track. New Yorks funded debt
per mile Of track Is s96,7OO. The capi-
tai stock Of the Pennsylvania compa-
nies. on the other hand, Is somewhat
out Of proportion to the amount Of the
funded debt; the aggregate of the for
mer Is $116,293.S5O. But this is at the
rate Of only $s1.7O0 per mile of track,
against Sill 200 per mile of track in New
York.
The statement of shipments Of an
thracite coal for the week ended June
20, 1895. as prepared by the Bureau of
Anthracite Coal Statistics, shows an
output Of no less than 1,117,637 tons
561,2 ,256 tons from the Wyoming region.
1858. .705 tons from the Schuylkill region,
and 197,676 tons from the Lehigh region.
Large as Is the total. 1t Is, as the Stock
holder points out. 256, ,213 tons less than
were produced In the corresponding
week last year; but in June. 1894. the
companies endeavored to demonstrate
the full capacity Of their respective
collierkes, which they ara, with the re-
suit that q blow was dealt to the an
thracite coal trade. the effects of which
are stin apparent. According to the
weekly returns Of the bureau, last
months shipments will aggregate
about S,743,075 tons. or, say. l1O3S5S
tons less than in June, 1894. These fig
ures are only approximate. however,
and while in the final report for the
month some change will be shown, the
change will not be important. II the
above total is not greatly exceeded, the
companies win have for the second time
In succession, lived UP to the agree
ments Of their sales agents to produce
only q certain amount of coal In a
month. There may be no significance
In this fact. hut II looks very much as
though the companies are not now
fighting each other as they had done for
20 long, The statement Of shipments
for the week ended June 20, In full
follows: