The times. [volume] (Richmond, Va.) 1890-1903, 1898-08-27
RICHMOND, VA.

the year in the former case being %,
80. iu the latter 1883.
The number of men employed by the
railways OF the United States on june
80 1897. as reported, was S25.l'6 These
figures. assigned on the mileage basis
show that 80 men were employed per lN
miles of line The corresponding figures
for the year ending June 80 1896. were
slightly larger. The employees OF rail-
ways are divided into eighteen classes.
The number OF station agents as report
ed FOR the date named was 300i9, other
station men. 1859. enginemen, S9,6o''
framen. 36.T35. conductors. 25,S22' other
train men. 1888 switchmen. hagmen,
and Watchmcn. f8.l5s, and telegraph on
orators and dlspatchers. q 452. 4 distri-
button or employees corresponding 20 the
four principal divisions Of the classinca-
tion OF operating expenses shows that
general administration required the SER
vice OF 3isu employees, or Il per 10
miles Of line: maintenance OF way and
structures. 24AS7S. or l3i per 100 miles OF
line. maintenance OF equipment l60 65l. or
IS per 100 miles OF line. and conducting
transportation. 5lS26l or 2l5 per TOO miles
OF lire This statement disergards small
number Of unclasslhed employees amount
ms 10 7704
4 comparative summary Is presented In
the report Of the average daily conpen-
sati0n of the different classes Of en-
pioye5 for the year 1882 TO 1897. An
other summary is given in the report
which shows the total amount OF COM
pensation reported as paid 20 railway
employees during the fiscal years 1885
10 1897. 10 covers the compensation Of
over 80 per cent OF railway employees
for the several years. Regarding the
year ending june 80 1891, 1t appears that
the aggregate amount of wages and
salaries paid was Si5660l,5 81. This
amount represents 6lS7 per cent. Of the
total operating expenses OF railways, or
81 $40 per mile or line. The total cOmpen-
sation FOR 1896 was 81. 222 $50 greater.
CAPITALIZATION AND VALUATION.
on June 80 1897. the amount OF rail-
way capital outstanding was fl)bl3.eoo,-
014 which. assigned ON 2 mileage basis
shows O. capital OF tj962J per mile or
line The amount of capital stock was
s.. 1874. 6f2. 255. OF which 81 36IDj66j1 was
common stock, and s99I5 $685. preferred
stock The amount OF funded debt was
| s. 200. 965 So. The classification of fund
ed debt shows that 30 consists Of mort
! gage bonds Sl5399il53j; miscellaneous
obligations. S4lOI6H3. income bonds,
$3.50. 81. i54. and equipment trust obliga-
| tions. s3e ss 151. The amount OF capital
stock paying DO dividend was 3.1Jl,oy2' p
| 20. or 1910 per cent. OF the total
outstandlng The amount of funded debt
excluding equipment trust obligations
which paid no interest was Seo@@O'oiV'
! OF the stock paying dividends oS' per
cent. OF the total stock outstanding paid
from ! 10 ( per cent. 6.53 per cent out
standing paid from 10 per cent. o.D
| per cent outstanding from 10 per
! cent as per cent outstanding from .
10 per cent. and ASP per cent OUT
! standing from 20 per cent The totdl
amount OF dividends was fS7.ll0.5s9, which
would be produced by an average rate OF
r. q per cent on the amount OF stock on
which some dividend was declared. The
amount of mortgage bonds paying no
interest was S6lJ 2j9.sS9 or 1870 per cent;
OF miscellaneous obligations f5'oi1h'3, OF
SgT per cent and income bonds, S-lo'-
2Nq12. or s2S per cent. The amount OF
current liabilities outstanding on June
81 1897. was SOS 50l. 6oJ. or $3.50 per mile
OF line.
PUBLIC SERVICE.
The number OF passengers carried dur
ing the year ending June 80 1884, IS
renorted. was $50 ii5,l9S. there being a
decrease Of % go 500 as compared with
the year ending June 90. 1896 The num-
/ her of passengers carried ! mile during
+ the year was iZ.256S5s.6ii. d decrease OF
b -92 0s7. 5,6 being shown In this item as
/ compared with 1850 The number Of pas
sengers carried mile per mile Of line
/ that IS the average indicating the densi-
" Of passenger traffic during the year
/ ending June 20. l&1-was sb.si, de-
| crease OF 4.s3i In thlS item being shown
| The number OF tons OF freight carried
/ during the year was 74llo5.s45. when IS
| 24ls5.4 40 less than for 1875. The number
| Of tons of freight carried mile was %. %
/ 49, O22 22j. This item also was less than
| for 1896 the decrease being ls' S5a.0os. As
/ in the case OF passenger traffic the den
sitv OF freight traffic ~ shown by the
number OF tons OF freight carried mile
ner mile Of line. which was g907s. This
/ amount Is ass less than the similar item
for the preceding year.
EARNINGS AND EXPENSES.
The gross earnings Of the railways OF
| the United States for the year ending
I June 60 1857. as reported for an operated
mileage OF 1S32S425. were 81. ~. OBJ ~.
In comparison with the preceding year
| this amount shows decrease IN gross
earnings OF So 07a,s 500. The sources OF In
come comnr!sed IN gross earnings from
/ operation TOT lnf year "'AN i"H''"@'
revenue. se5i. 1887. decrease as compar-
cd with the previous year. N5' 200
Mail Ss3. 754. ass. increase SI37t6i7; FIX
press sei.e0i .0se. increase s2)6s5 other
! earnings. passenger service $3.50. 800,
| freight revenue S772sia 2li. decrease sls.-
/ 80 500: other earnings freight service
| sl.2o9. e57. increase 500, 7s7; other earnings
| from operation. including smah amount
| OF unclasslfed items. So 800, 1863 The eN-
penses OF the operation Of railways Tor
the fiscal year covered by the report
were $752 52i. 764 This amount, Is $50 iCi
| 80 smaller than the corresponding
amount for the year ending June 30.
1896. the operated mileage for that year
| being Isl. so2I miles.
The operating expenses Of lN' were
| distributed as follows; Maintenance or
| way and structures. sl53. 100. decrease