The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-12-30
rifty Companies Have Reported to
the Comptroller.
04S4 NILES OF MAIN LINE TRACK
Interesting Figures as "a rrs.n..,.
ness EARNINGS, Expenses OF Oper-
ating' Miles Travelled, Etc.

| "o " the ralircud commission nv
Ainoau companies and receivers, being Il,
lne aggregate one less than were recelysd
ior the preceding year. no annual renor, :
having been made this year for tho Rio
uranue Northern railway. which will nrob.
aoiy be dismantled. nor for the Taxaa
uisiena ana Eastern. which has been alb
sorbed by the Gulf. Colorado and Santa
| Fe.
me Galveston Wharf company railroad
reported 70 the commission for the first
Tune This year. Fifty-one of the roads for
winch reports were made are in operation
though In several instances two or mora
roaos are operated under the same man.
asehent. The Galveston and Western Wa
not reported during the twelve montns
ending June 30 1897. Special reports were
optalned concerning the earnings and eS
penses OF the following minor roads, The
niownsviiie and Gulf. Denison and Pacific
supurDah, Ell Paso Northern. Lancaster
lap and Texas City terminal. The earn
ings ana expenses of the Texas, Louisiana
ana Eastern prior to It's sale to the Santa
re were also reported monthly. Since the
sale they have been included in those of
| the latter -
FROM the reports referred to 1t is ascer-
.aineu mat on June 30. 1897. there were In
operation in Texas 94S401 miles of rail-
| road main line. which was net increase
OF $3.50 miles in twelve months. said in
! crease being accounted for principally by
the 1851 miles extension of the Texas Mid
land TO Paris. The reported ten miles of
tne Marshall. Timpson and Sabine Pass
railway are also included. and there were
| siight changes in the reported length of
| ROADS In eleven instances. the decrease
amounting to 1.S1 miles more than the In :
creases thus reported.
EXCLUSIVE of the above, the TeXarkana
and Fort Smith railway has laid 81. SO miles
OF track in the southeastern part of the
| State since June so, 1897.
| The yard tracks and sidings of about
| one-half OF the operated roads In the State
| were increased during the year, the Gall
weston. Harrisburg and San Antonio. the
Texas and Pacific and the Texas Midland
| having each added ten miles of such track
| ire total OF which Is shown to be I40S. 80,
| or net increase Of 1901 miles in twelve
months, 1912 miles of which is Galveston
| Wharf company. reported this year for the
ilrst time. The net increase in length Of
| tracks OF all kinds was 1881 miles The
total mileage of the State is divided as
tollows as to gauge: 3224.41 miles of feet
SFs inches gauge. $3.50 miles of feet 8
inches gauge. 2S710 OF 3 feet enuge OF
main line sSss.20 miles are laid with steel
rails and 595Sl with iron rails OF yard
tracks and sidings 6S3.S7 miles are laid
with steel and 1922 are laid with iron
The total CAPITAL stock OF all the roads
in Texas is reported at si35, S06, POS; the
bonded Indebtedness at s235 1SG.0O7 the
equipment trust obligations al $602 S35; the
current liabilities at S32 ,s25 1886, making Nm
aggregate Indebtedness &c $i04 ,37l ,075 This,
gives general average per mile OF road
Of Sl4,73o capital stock and S25.503 bonds,
| and including current liabilities an aggrc-
gate Indebtedness OF $43,S5S per mile
In the matter of earnings 1t is reported
that the total thereof was as follows for
the year ending June 80, 1897 From pas
seBger business strictly. Sc, $50. fOg.1S: from
mail contracts, 1.07S, Goa ca from express
business. s673 29S.46; from extra baggage
and other miscellaneous passenger bust
ness. 12S,625.SS. from freight business.
s2Sci2 5Ia.93; from miscellaneous business.
s72t 1922; from unclasslfied business
S6SaS sc: grand total. S37,3i0,2 26.69.
The operating expenses reported fer the
same period are summed M as follows
Maintenance Of way and structures, s7.10S
s6e.2l; maintenance Of equipment. s4.i2l-
SIO.22; conducting transportation. $685.
classified expenses. So, S69.99: aggregate,
500 l73.93S.l4. Percentage of earnings ah-
sorhed in operation. 7S.12
During the twelve months referred to
1909. S9S miles were run by passenger
trairs. l9.073.1s9 by freight trains, 1.2ll.-
S21 by mixed trains; aggregate. 90, 43S 9G6
miles Freight was hauled an average
distance of 1862 miles. The average re-
ceipts rer ton Of freight were s1.7o2; aver
age receipt per ton per mile hauled 1901
cents; average freight receipts per mile OF
read So 96S. 60: average freight earnings per
mile run by freight trains. 81. Sa..as
Passengers were carried an average dis
tance Of 1882 miles; the average receipts
per passenger We're SLIT; the average re-
ceipts per passenger per mile were 2.fS7
cents; the average earnings OF passenger
trains rer year per mile OF road were
Ss071a: the average passenger train earn
ines for each mile run. S1.9 cents.
Compared with the year ending Jane 30.
1896, the year ending Jnne S0 1897. brought
an increase CT s2,021 596.T9 in gross earn
ings: an Increase OF 81 126 S54.97 in operat-
ing expenses. and an increase OF 1894 ,7ilS2
In net earnings.
For three wears past the ratio OF net
earninss 10 the stccks and bonds carried
by Teyrs railroads is as follows:
9. 10 rer cent for wear ending Iune so, 'a5
/. 90 ger cent for year ending June 80, 80.
2.l3 ner cent for year ending June 49, ".
The raiio a. net earnings 10 the commits
sions valuation of the roads is as follows;
Is per cent for year ending June 30, 1875.
{. OF rsr cent fcis year ending June 30, 1895.
s. SO rsr cent for year enedng June 10. 1877.
TIE raticn of net earnings to the aggre-
gaze amount assessed for taxation against
the roads valued by the commission Is as
follows. M .a-
i4.2a per cent FOR year ending June 70. 70.
e76.rer cent for yeac ending June 80 's..
II so Ter cent fer year ending June ~, ".
Allowance is made in the above for tbit
,.o-.,o ~ inc international and Great
Northern which is yet exempt from taxa
ton.
Passenger earnings show aecre 81, ~, =,
. "a per cent fer the year 1897. rre'S%
earnings for the same period snow an ~
cregs, Il $50 rer cent s -
The following equipment Is repotssn "a, a.
o,vned by Texas railroads in the ssgfssa,s,.
I.oeomo,ivss OF all classes, il2i OF wniSn
1913 have train brakes coaches, sss ~ ~
messenger service, 7ie, OF which 5s; are
,,,,,v,ded ,e;th ,rain brakes and isl with aa-
,nmat.c ,oup,ers; cars in freight service,
sso6s. .of with 1880 have train brak.s
ana sos. have automatic couplers; cars N
.s,,,,nsnv sarvics 1.3l OF which $50 are