The times. [volume] (Richmond, Va.) 1890-1903, 1902-12-25
ANNUAL REPORT
ON RAILROADS
r-77r--'ss -=.,.,,,,~.
Tho Corporation Ccmmla.lon's
Statistics Of Crest interest,
THE REDUCTION IN FARE.
The Commission Regards TIL, a. tho
Mos: Important Work Of the Year, !,
Some increase In tha Stat.
During the Year,
THE REDUCTION IN FARE.
tspec!a, Dispatch to Tho 1.mes.>

RALElGH, n. c.. December A,-Thc
North Carolina Corporation Commission,
IN their annual report. issued to-day. stva
much valuable information concerning
railroads, street railways, bank. and other
ccrpo: ations In the State. The report
states that the most important work OF
the year was the reduction Of passenger
fares over the Seaboerd Air Line. Atlantic
Coast Line and Southern Railways, the
TWO and three-quarters cents per mile
second class and three and quarter cents
frs, class being applied to main and
branch lines alike In the State.
Two hundred and fifty-nins complaints
were brought before the commission dur
ing the year. principally about over
charges, Determinations, failure to pro.
vide cars, etc. Most Of the causes Of
these complaints. the report states, were
removed with reasonable prorptness upon
service Of notice on the proper authorities.
Some notable features Of tho statistical
part Of the report are that there are
1851 a5-1c0 miles Of railroad in the State.
q gain of 30.S3 miles over last year. The
Atlantic Coast Line. the Seaboard Air
three-fourrhs Of the Undergraduate
Coast Line, eza.T: seabonrd Air Line.
61l.s2; Southern. 1.2se.26.
The tax valuation Of railroad property
is S42.s 7,26157. and the grand total OF rail-
read and other public corporations Is
SIC 2t5.2 2s. The total earnings Of railroads
are s16.a76.173.5e: operating expenses. So
1s7.1oo.s. There are i1.4o1 employees Of rail-
roads. who receive s4,452.Eeo in wages.
During the past year accidents resulted
in seventeen killed and 800 injured on the
Coast Line: forty-nne killed and SIT In
jl!,'ed on the Southern: eighteen killed
ard 204 injured on the Seaboard AIR Inns,
ane three killed and forty-seven injured
on miscellaneous roads. Total, eighty sew
en- killed and less injured.
Since 1899 the capital. deposits and re-
hanks have increased-capital from $780,
2o1 to s3.5l3,564: deposits. from s7.477.512 70
S;"i6.75; resources. from s11275.49o to
$50, 725.2 ss. In 1899 there were sixtv-f1ve
banks; now there are 12o-State, eighty
three; private, twenty-three: savings,
fourteen. Thirty bui!5ing and loan aseo-
Citations have s2.02o675 resources.
The Secretary of State to-day chartered
the W. W. Mills Company. Of Raleigh,
with $4,000 capital. to do general lurn-
her business and construct and operate
tramways in Hamill. Wilson. johnson.
Nash and Cumberland counties. w W.
Miller principal incorporation. Is rresident
OF the Carolina Trust and Ranking Com
nany. OF Raleigh. He ilaE 100000 OF the
stock.
Governor Aveosk will Within tho newt
few DAYS. call apeeiai election In tho
state Senatorial District composed of
Madison. Mitchell I'd yaneey counties for
successor 70 etFt, Sstnr Feb Wilson.
who was killed M--~ az his brother.
Firam wiIsou
The state supettnterr : Public IN
struction arnounees that the State Boards
rcrranent educntiorsl fund new amounts
TO si9i1-2.is. II consists OF rIs so in four
Ter cent. lords s7o"l In six per cent.
bonds: S+s.91e.1s cash proceeds from the
sale OF State SWAMP lands.
The State Board OF Charities closed trelr
annual meeting here last night. The prn-
cipai feature was the hearing OF the re-
pert of Secretary c. Il. benson. It gives
a statement OF the advancement Of pub
lie charities In the State since 1892: gives
statistics and conclusions regarding the
cost of the poor to the State and the de-
fciencies of the system for their care.
The report is volurainous ard will be
printed in pamphlet form for distribution.