The record-union., 1895-06-24

S3t6I, firemen 81 03, conductors 50 Oh, other
trainmen 81 SO, machinists 81 22l, carpen-
ters 81 OF, other shopmen 81 80, section
foremen 81 II, other trackmen 81 Is
switchmen, tiagmen and watchmen 81 70
telegraph operators and dispatchers 81 3d.
and employees of floating equipment
Sl.97.
RAILWAY PROPERTY.
Theltotal amount of reported railway
capital on June 80, 1884, vas $40, 796, AS, ,Sl3,
or So, 95l per mile Of line. This is an in
crease in the amount outstanding during
the year of $500, ,23S, ,403. The amount Of
capital stock was S4,S34, ,075.659, of which
81, l03. .5S4, l66 was common stock and
$3.50, 49l .493 was preferred stock. The
funded debt was So, Bot, $50, ,0l9. classified
as follows: Bonds. 1888. .93l ,754; miscel-
laneous obligations. SHOT, 277 $3.50; income
| bonds, S242, 403, 6Sl, and equipment trust
obligations, S63. .970, ,204. The amount OF
current liabilities was S605, SO, l35. The
amount of railway securities held by the
railways as an Investment was 81, of4, ,Ooo =
go, decrease during the year OF lo,905,
563.
The amount of stock paying no divi-
| dend was S3, ,O66, $50, ,O94, or 63.43 per cent.
/ Of the total amount. OF the stock payln
| dividends, 4.3l per cent. OF the total stock
| paid from to per cent; 10. II per cent.
| paid from to per cent; 5.12 per cent.
paid from to per cent, and 542 per
cent. paid from to per cent. The total
amount of dividends was $50, ,575. $40, or
an average rate on the dividend paying
stock of 5.4l per cent. The amount OF
bonds paying no interest was 5000, ,513, 1S9.
or II. II per cent. The amount OF mlscel-
laneous obligations paying no interest
was S53, 426 264, or ILL per cent, and the
amount of income bonds paying no inter-
est was $40, 757 ,554, or o6.94 per cent.
PUBLIC SERVICE.
The number of passengers carried was
619, ,6SS, 1919, an increase over the previous
year of 26, l27 ,5S7. This increase is al
most wholly in Groups Ill and VI, and
was occasioned by the Worlds Fair
/ travel. The passenger mileage was ii, :
! 2S9, 445 1898. The average number Of pas
! sengers in q train was A, and the average
! distance travelled by each passenger was
3.06 miles. The passenger mileage per
mile Of line, which indicates the destiny
of passenger traffic. was 81, ,333, slight
| decrease as compared with the previous
! report. There was large decrease IN
| freight traffic, the mum ber of tons carried
being 63S, 1876, ,553 as against 745, ll9, 49, In
! 1893 decrease OF lot, ,039, ,929 tons. The
ton mileage was so, $50, l04, 702, a decrease
| of 13, 253. 007, 13l from the previous year,
and the ton miles per mile of line de-
creased from 0Jl ,232 in 1893 to 451. .25Z III
1894 decrease in density of traffic of
93. $50 ton miles; the average number OF
tons in train was 1880, decrease OF
All tons, showing a decrease Of economy
in the use of freight equipment. The
! average haul of one ton was l25. IS miles.
EARNINGS AND EXPENSES.
The gross earnings of the railways for
the year ending June 80. 1894. were ST.
! U73 36I ,797, decrease as compared with
the previous year OF Sl4l, ,390,01 or l207
per cent. Passenger revenue decreased
| SI6 l42, 25S, or 5.35 per cent, and The reve-
nue. from freight traffic decreased Sl29,-
| J62, 94S. or 1868 per cent. The amount OF
operating expenses was S73I 4l4. 3Z2, a de-
crease of 500, 500, ,917, or ll.66 per cent.
The largest per cent. OF decrease was in
the operating expenses assigned to main
! tenance OF way and structures and TO
maintenance of equipment, which show,
| respectively, @ decrease OF 10. and II -
per cent. The net earnings were S34l, ,941,-
40, decrease of $50, ,oS3, 100 as compared
with the previous year The income de-
| rived from sources outside of operations
was Sl42, SIC, ,S05. The amount of fixed
charges and other deductions from in
come was S429, ,00S, 80, leaving net in
come of $50, 755,970 available for divi-
dendS, q decrease as pared with the
previous year of nearly 90 per cent The
amount of dividends paid was S95, ,575,-
$40, decrease of only s., 800, 900 from the
amount paid the previous year. The fact
that nearly the normal amount OF dlvi-
dends was paid Notwithstanding the
great decrease in income available for
them, and that the payment OF the
amount stated entailed deficit from the
operations of the year Of S45, ,9l2, ,044, is
suggestive. The revenue derived from
the carrying of passengers was $50, 3d.
55S, or 26. 5S per cent. of gross earnings, and
the revenue derived from freight traffic
was 5000, 49O,9l3 or TO- l6 per cent Of gross
earnings.
ACCIDENTS.
During the year 1923 employees were
killed and %, 422 were injured, as COM
pared with :, ,727 killed and 81, 40 injured
in 1898. This marked decrease in casualty
is in part due to the decrease in the num-
Der Of men employed, and the decrease in
the volume of business handled. The in
creased use of automatic appliances on
railway equipment also may have rem
dered rail way employment less dangerous
and il may be that the grade of efficiency
OF employees has been raised.
The number of passengers killed was
324, an increase of 20 and the number in
jured was 1904, decrease of l95. OF the
total mum Der of fatal casualties to railway
employees, 25l were due to coupling and
uncoupling cars, 3S9 to falling rom trains
and engines, so to overhead obstructions,
l45 to collisions, los 10 derailments, and
the balance TO various other causes not
easily classified. To show the ratio of
casualty, it may be stated that l employe
was killed out of every 42S in service, and
l injured out of every 80 employed. The
trainmen perform the most dangerous
service, l out of every 156 employed
having been killed, and l out of every II
having been injured.
The ratio of casualty to passengers is
in striking contrast TO that OF railway
employees, one passenger having been
killed out Of each I,9l2, ,6lS carried, or for
each A, l03, 22S miles travelled, and one in
jured out of each 204, 24S carried, or for
each 4, 700. III miles travelled. A distribu
ton of accidents TO the territorial groups
exhibits the diversity in the relative
safety of railway employment and of
railway travel in the different sections OF
the country.
CONCLUSION.
In concluding the report the statisti-
clan renews the Recommendations made
IN previous reports In regard to the de-
slrablllty OF requiring annual reports
from express companies; cOrDOrations
companies and persons owning rolling
stock used III interstate commerce.; cor
porations, companies and persons own
ing depot property, stock yards and ele-
vators used by interstate carriers, and
| from carriers by water that compete with
railways for traffic. Reference is also
made to the question of requiring rail-
ways to report freight earnings by COM
modities. On account of the present de-
pressed financial condition of railways, it
has been decided to let this matter rest
another year. although there is no ques-
ton as to the desirability Of such reports.
CLOSE CALL
A Child's Presence of Mind Saves Her
Life.