The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1902-03-27

| this year. spend $S,000000 for improve
ments and enlargements in the Pitts
| burg district.
S46O5,O 900 of the $5,OOO,OO capital stock
,, of the London District Electric Trac-
ton company is owned by Americans.
The remaining 1895 900 is divided be-
tween London and Berlin.
There is $51O,OOO,O0O of United States
steel preferred stock, on which "A years
dividend requirements are $35, 100000.
Interest, sinking fund requirements
and depreciation charges amount to
$3l, 100000, so that annual net earnings
OF S6I,2OO,00O are necessary to meet all
requirements ahead of the common
stock. The company's net earnings for
the current fiscal year are expected to
reach $110,0OO000. The $510, 900 pre-
ferred stock is held by $4,000 people
(New York Tribune.)
The oft-repeated statement that this
company's success benefits only million
aires, falls fiat in the face of the fact
that its preferred stock is owned by so
many thousand people. Doubtless the
larger volume of common stock is as
widely distributed. to say nothing OF
the thousands upon thousands of its
wage-earners.
Western Union Telegraph company
shows net earnings for the garter end
ing March 81, partly estimated, of ST.
$4,000, an increase of S9O,S14 over the
same quarter of last year.
Of
teen billions of dollars is carried In
the United States. equal to Sl6O for
each man, woman and child of our pop
ulation, or $500 for each family.
Fire insurance figures for twenty
billions or $3.50 per capita, or sl25O per
family.
The Nicaragua canal will be an
American canal. Though longer than
canal across the isthmus at Panama
would be, its geographical position is
such that 1t will bring our Pacific ports
closer to our Atlantic ports, and that is
really the principal purpose in cutting
through the isthmus. Troy Times.
The Cape Times publishes some facts
and figures that throws an interesting
lsht upon the much-talked-o concen-
tration camps and the general condi-
ton of affairs in South Africa. Grey
college, in Bloemfontein. has been open
all through the war, the school for girls
in the same town is now quite full,
while in all the other towns schools are
regularly established and largely at
tended, In the concentration camps,
l3,2S2 children are in attendance at
schools organized under British author-
lty. Altogether, in the towns and camps
oil the Orange River Colony alone, six
teen thousand children are receiving in
struction, which is twice the number
attending school under the late Orange
Free state government. Reports of the
work being done are most encouraging.
Toronto Christian Guardian.
The census is of a little more than
half million concerns-in exact fig
ures, 5l2,576. Save the 2.5 per cent above
noted, the whole of the thirteen thous-
and millions of product is consumed
within the borders of the United
States. This production employees g.
3lO,59S wage earners, to whom $2,323,-
407,25T is paid. The increase in the
value of the product was 80 per cent.
since 1890, of the number of establish
ment "A per cent, and of capital in
vested, 81 per cent.
South Carolina has 3,762 manufacture
ing establishments, increase 5S per
cent. with $67OOO,OOO capital, increase
l3O per cent. Yearly wages. s9,5OO 600:
increase, 72 per cent. and yearly pro-
duct. s5SlO0O,OOO: increase 81 per cent.