The times. [volume] (Richmond, Va.) 1890-1903, 1902-09-12

OF II pre- cent; the total freight revenue
Increased 81 per cent. The ton mile rev.
enue was 4.o2 mills, an increase OF SO
per cent, and the revenue per train mile
SOS, an increase OF 81 per cent. the
average revenue train load was ES tons.
and including company's freight, 53S tons,
substantially the Same Averages tonnage
as last year; tho abesnce Of coal tonnage
during the greater part Of June mate
rally reduced the average. The NUMBER
of tons carried one mile per mile OF roao
was 1873, 762.
The number of passengers carried was
2. ee3.o 97, an increase of "a per cent. ;
the number carried one mile 146.O48,6So'
an increase of % per cent; the total re-
venue increased Is per cent. ana the
revenue per mile 2 per cent; passeHsei
trains earned per mile. including man
and express, $1.15. a decrease OF AZ per
cent. due to additional local trains the
number OF passengers carried one mile
per mile Of road was 9O,242
Mr.. J. NJ Gill. General superintendent
Western Division, having retired jan
uary LIST, 1902, ;on account Of Ill health.
the offices of General Superintendent on
both the Western and Eastern Divisions
were abolished, and the Office of Super
intendcnt of Transportation created. Mr.
C. C. Walker. former General Superin-
tendent Eastern Division, was appointed
Superintendent of Transportation; Mr..
F. w. Scarborough, Engineer Mainten-
ance Of Way, and Mr.. F. 1. Cabcll, Eng1-
neer Of Construction, with jurisdiction
over all lines of the company. Marcn
LIST, 1902, Mr.. G. w. Lewis, Superintend-
ent Of the Kentucky Division. resigned
to engage in other business; Mr.. II. Z.
Boughton, Superintendent of the Green
brier Division, was transferred to the
Kentucky Division, and Mr.. II. Pierce,
Division Engineer of the Kentucky Di-
vision, was appointed Superintendent OF
the Greenbrier Division. June list, 1902,
Mr.. w. S. Morris, Superintendent Mo-
tive Power, having resigned to take ser
vice with another company, Mr.. j F.
Walsh was appointed to succeed him.
June 18th. 1902, Mr.. c. B. Ryan, Assis-
tant General Passenger Agent, located
at Cincinnati, Ohio. resigned to accept
service with another company; Mr.. J. D.
Potts, Assistant General Passenger Agent
at Richmond. Va, was transferred to
Cincinnati, and the Office of Assistant
General Passenger Agent at Richmond
discontinued.
The grand total of mileage in operation
is 1856 The gross earnings for the year
Were 6,524, 37S.62 an increase over the
year before Of s1,152 Isl. Operating ex-
pen>es for the year were $1O,39S, 49,. 30. an
increase Of $S32 611.95. The net increase
was s2.05o, 40s.s9, an increase of s5s,57.9 IS.
Capital stock outstanding, s60,541,1o a
decrease of Sl,O00-due to conversion of
preferred stock into a bond. There are
now outstanding s11,e00 of first and sec
ond preferred stocks.
The funded debt now amounts to ST $780,
s45.l7 net increase during the year Of
$1,756, Co.,.
At the close of the year ending June
3yth, 1902, the following equipment was
in service: 42S locomotives. 4O3 of which
are owned and Is operated under car
trust agreement "a" Six locomotives
were condemned and retired, and an
equal number purchased and charged to
operating expenses; 343 passenger cars
owned, an increase of 10; 20,dS4 freight
cars, 1881 Of which are owned, and 5.7cO
operated under car contracts and car
trust agreement: an increase Of 81 in
cars owned, and 800 in those operated
under agreements.
Twenty-Five locomotives and 1000
freight cars were received the latter part
of 1901.
An additional contract has been ar,
ranged with the Girard Trust Company
of Philadelphia for % freight locomotives
and 221o freight cars l.ooO 1ifty-ton steel
eondolas the balance forty-ton box. fiat
and gondola cars, to be delivered be-
tween August and December, 1902.
A contract was also made with Blair &
Company. OF New York, for 1000 fifty
ton steel gondolas, to be delivered in
September, 1902.
January 1st, 1902 800 forty-ton Condo
las were purchased from the White Oak
TRANSFORMATION Company.