The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-04-30
THE FLORIDA RAILROADS.
STATISTICS TAKEN FROM REPORT
OF COMMISSION.

HOIal Assesseu faAuaioh 81 haAAho au
Property in state SIS,925,I7S.IG,
Upon which the Aggregate of Cap
itaI stock and Bonds Is $T0,3:8O,-
2OI .O5-Num of Passengers Car
lied Was 1901 ,O12, the Average
Ride Being 44.9s Miles-rOtaI Num-
Der of Persons Killed 90, of whom
Only One Was a Passenger, IL En-
pIoyes and 81 Trespassers.
Tallahassee, Fla, April 29.-The
forthcoming annual report of the Flor
ida Railroad Commission contains
much instructive data.
Under the head of Statistics of Pas
senger Traffic, a showing is made for
each road of the average distance that
passengers were carried, average
amount received per passenger, aver
age receipts per passenger per mile,
average amount OF passenger train
earnings per mile of road. and for each
mile run by passenger trains, and the
number of revenue-p paying passengers
carried. The number of passengers
carried by the roads reporting was
2.001,0s The general averages for the
other heads were as follows: Average
distance that passengers were carried
400 miles; average receipts per pas
senger, $1.1S97: average receipts per
passenger per mile. 2.64 cents; average
earnings of passenger trains per mile
of road. s1.0Sl.63; and average passen-
ger train earnings TO reach mile run
by passenger trains, S1O2.27.
Another table shows comparison
for the two years ending. respectively,
June 30, 1900, and June 30, 1901, of the
gross earnings, operating expenses and
results from operation whether income
or deficiD of each operated Florida
railroad reporting. 1t also shows for
each road whether the net result was
better or worse for the latter year, and
the amount of such difference. The
totals for all the railroads of the state
are as follows: Increase in gross earn
ings for the year ending June 30, 1901,
compared with the preceding year. 81
OILS, 46556, or 2S.13 per cent; increase in
operating expenses, 81, sos, 224.70, or S1.79
per cent, and increase in income from
operation, $347, 24l.09, or 1911 per cent.
For the year ending June 80, 1901, the
aggregate gross earnings were $9,l79,-
IS; operating expenses. $6,915, 1862,
and income from operation, 1928. S3d.53.
The number of general officers and
the number of employees (classitied) OF
each Florida railroad is tabulated, the
total Of all being 1885.
In another table is shown for each
Florida railroad the number of acct
dents to persons which occurred there
on during the year ending June 80, 1901.
- hA
Der of accidents to each of three
classes. viz, employees. passengers and
other persons: and, further, under each
of these headings, the number killed
and the number injured. The total
number of persons killed was SO, and of
injured. 1871 OF those killed, IL were
employees, l was a passenger, 81 were
other persons who were trespassing,
were other persons not trespasslng,
and Z were killed by accidents from
other causes than the movement of
trains. OF those injured 256 were emf
ployes. 45 were passengers, 80 We're
other persons who were trespassing, IL
were other persons not trespassing, and
S65 were injured by accidents from
other causes than the movement of
trains.
One of the most valuable of the Ia
bles exhibits an abstract of the income
accounts for the year ending June &c.
1901, Of those railroad companies (nine-
teen in number) which made report OF
the same 10 the commission, showing
the balances to the credit or debit OF
income account, both on June 80, 1900
and June 80, 1901, and in a general way
the entries between those dates. From
all Of the roads having part of their
lines in Florida and part in other
&c
were obtained covering only that por-
ton of their business done by their
lines within Florida, and these alb
stracts are inserted in the table. This
table, therefore, exhibits only the
status of Florida. and the abstracts for
the interstate railwaysr-the Seaboard
Air Line, Plant System. Is. F. & W..
Georgia Southern and Florida. and At
lantic, Valdosta and Western-do not
cover these parts of their lines outside
Of Florida.
Considering the railroad properties
which were reported for as an entire
~. the following is condensed state
ment:
Accumulated deficit from or
ganization of companies TO
June 30. 1900 ............$1 $40, 065 20
Interest on funded debt ac-
crued =. .................. 1876, oO4 3s
Other interest accrued 900. 1884 SIS
Taxes e. Observation-Disclosures. S57 .076 81
Expended for permanent i'm
provements . ......,.,. 2l4 SIS
Other deductions for the
year . ................ S2s,61s OF
Dividends paid on capital
stock ..................... 260,730 70
Total deficits and debts. 4.22s, $50 "A
Credits
Income from operation 49,. 81, 273, 503 0S
Other income during the
year observation-disclosures. 2O5,267 SO
Total credits AIS, 40 AZ
The net deficit in income accounts
on June 80 1901 was. therefore. s1.749,-
SS527.
The totals show that the aggregate
valuation of railroad property assessed
for taxation by the state controller was
$1S,925, 1876. The aggregate of the
capital stock and bonds of these roads
was sc. 1886, 201.05. The average ratio of
net earnings from operation 20 such
assessed valuation. taking the roads as
a whole, was 1l.91 per cent; and the
ratio of net. earnings from operation to
the aggregate of their capital stock
and bonds was 1921 per cent
Tn T1V NnTT0M DINUCDc