The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1898-03-17
TAXABLE VALUATION
OF Railroads and Other Property in
North Carolina.

Clerk Henry Clay Brown, of the
railway commission, has furnished
advance sheets Of the annual report
for 1897. 1t is big volume. The
first part is devoted to the valuation
of railways:
Atlantic Coast Line svstem-6S6
miles main lines. 80 siding>. total
7Z5; value Of track 1881 ,23O, Of
rolling stock $S27.753. Of other
property *l91,s4o, total 5000, S23.
Southern -vstcm-1, O66 miles main
line. 1o4 Of sidings, total LILO:
value of track SS,O91, $50, Of rolling
stock 81, O97.1O5. of other property
1864 ,o3D, total 50, 352, 2l5.
>caboard Air Linc-6O7 miles main
line. 63 Of sidings total GO; value Of
track 5000, 200, of rolling stock
%i4S, 63s, of other property $40, 1888.
total 50. 63S 221.
Miscellaneous roads. 123 miles
main line. 81 OF >idings. total 1.22O:
value of track Sj,O3S, 4D7, of rolling
stock 5000 Sl, of other property
$lG3,G25 total $5.S71.2l4;
Valuations Of other property are:
Pullman cars $96,91S, Western Union
Telegraph 1891 ,Sj2 Postal Telegraph
S3i.512. miscellaneous telegraphS
S3.565, steamboat companies $274,
81. The total value OF these and
the railways is s29, 137 ,099, an in
crease of 81. 5S1 ,Oo3 over 1896.
There are the usual complete re-
ports from every road and branch
line and the complete reports and
decisions of the commission.
The statement of earnisgS. ETC., Of
the various systems, etc, is as fol-
lows:
Atlantic Coast Line Gross earn
ing, from operating S2,56S, At,
operating expenses $l,543.S62 in
come from operating $1.o2l.G15, and
from other sources $iS.5ll.
uthcrn-Gro>s earnings from
operating $3.50. 9OS. operating cx-
penscs $2.92S,l1 income from opera
ton, 81, 454.73G.
Ncaboard Air Linc-Gross earnings
from operating s., 199.552, operating
expenses 81 ,57S, 9J6. income from
cooperation $500. 595. and from other
sources So .196.
Miscellaneous roads Gross earn
ings from operating $2.lO1, 42l.
operating expenses Sl,6O6. 796. in
come from operation S49l.625.
II is of interest to know what the
North Carolina railway (Goldsboro
t" Charlotte did. Its gross earn
ing> were $l.592.217, operating cN-
pcnscs $1,14S,772. income from
operation $Il3. The gross earn
ing> from operations of the Atlantic
and North Carolina railway were
Sll9.435. operationg expenses $50
SO. income from operation S64,OS9.
The North Carolina received from
passengers $3.50, 99l. mail $112.722,
express, S:}6,5l6. miscellaneous Sc.
$50. Its passenger earnings were
S2.SiS per mile. its total freight
earnings were S9lS, $50. or 1926 per
mile. The Atlantic and North Caro-
lima ; passenger earnings per mile
We're S114 and freight earning per
mile $79S.
The cost of the Atlantic Coast Line
system is Slt,33s,42l. capital stock
Si.45U,99l. funded debt -. lO6. O53.
The cost OF the Southern $40. j19. 700.
| capital stock So. 5S4. 35G. funded
debt ST.. 9SO.3S2. The cost of the
Seaboard Air Line is Sl1.476.943.
! capital stock $l.513, o3l. funded debt
S9.3ol.1oO. The cost Of the mis-
Il 81,
tai stock Sl5.496.S4S funded debt
Sll, oSS.926. The North Carolina
railway cost 1870, 62S, and the capt.
tai stock is S4,oo0,oOO. The Atlantic
and North Carolina cost $2.l0.O27.
the capital stock i Sl.197. 200. the
funded debt S325.0 oD.
The new part Of the volume is in
regard To the equalization of taxes.
The board OF commissioners was hy
the act of 1897 made also the state
board OF tax equalization Its re-
| ports "t work done are elaborate.
Here are the figures in gross:
Acres land 21.163. S53. value Sl1U.-
| 1927 or 1927 an acre: town lots
| >2,99S, value Sll.SSJ. So. average
value $40; horses. 172.1OS. value
s5.9i' 90. average SS4.ll: mules
| 1850 value Sl.1S6.976. average
S3s.21 jacks 92o. value S44.o31.
average S41.S5: goats i4.937. value
| S29.1.2, average 60 cents: cattle 594. =
! $50, value Si,l.5.556. average SOP:
hogs. l,2SO. no value 81. 5S3.S16
average Sl.23; sheep S34 go. value