Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1902-01-07

tohS VI iiCi6ht ~ A''~, oA A''NHNN>'N -
16G. 194 tons over 1900.
! The Kennebec Central carried ISL.
tons in 1901. a lo@s of 512 tons from 1900
The Somerset Railroad carried 1882
, tons in 1901, an increase of 1892 ton:
over 1900.
The Bangor & AroostOok paid no di
videnG the past year. but carried it:
net divisiblc income to the surplus ac.
count. This amounted to s49,s0S.2o.
The Boston {; Maine paid per cent
on it's common and 6 per cent. on its
preferred stock. amounting to $685..
GOOSE. and had a surplus of s45. 1890.
Rridgton and Saco River Railroad
paid dividend Of per cent. and add
ed 1872 9S to it's surplus.
I The Canadian Pacific had a deficit oi
s1lo,52207 on that part of it's business
done in Maine.
The Franklin & Megantic ran behind
ss9S92o
The Georges Valley paid no dividend
but added s5a9.?9 to its surplus.
The Kennebec Central paid 6 per
cent. on its stock amounting TO $4,000
and then had surplus Of $152343
The Grand Trunk paid dividends Of
per cent. or first preferred and 3 per
cent. or second preferred stock,
amounting to s2.3s2. 9s0.Ss. and had a
surplus of So. 5o1l5.
The Lime Rock Railroad paid a per
cent. dividend. amounting to $4,000
and had a surplus of $49572.
| The Maine Central paid S per cent.
! amounting TO s29S.554, and then had a
surplus of 1916 In 1900 the Maine
Central paid s2ss. 1880 in dividends but
only had a surplus of sl23.Ssl.41. This
years business shows an increase of
| surplus amounting TO s152.434.14.
The Monsoon Railroad had a deficit of
S4S3431.
TIE Patten & Serman was in opera
ton only six months of the year. No
dividend was paid but a surplus of ST.
l2l.37 was earned.
The Phillips & Rangeley lost $9O01. 6S.
. and consequently was unable to pay Il
dividend.
The Portland 4 Rumford Falls paid
sos, 900 in dividends and had a surplus
Of s34.0i9.06.
The Rumforl Falls & Rangeley paid
no dividend hut had a surplus of &c.
S9l.577.
The Sandy River paid 6 per cent.
amounting to 5000 and had s3137.16 for
,, Il surplus.
The Sebasticook 4 MOOsehead Lake
paid no dividend and only had a sur
plus of $l19.05.
The Somerset Railway ran behind
S56,i.Ss2.
Washington County Road had a de-
| felt CT $S3,429..0. against deficit in
! 1906 Of sS62227S.
Wiscasset & Quebec shows gain
| over 1906. That year its deficit was
| So. 5l67S. In 1901 it's deficit was but
$4171.42.
! York Harbor & Beach Railroad paid
| no dividend. 1t made a surplus. how
eyer, of $l241.05.
! Eight roads paid dividends and add
ed to thei surplus accounts; six made
a surplus and seven ran behind.
! The total amount of dividends paid
| by all the steam railroads doing bust
ness in the State for the year was 81 :
422. O25.07.
The total amount added to the sur
plus Of the roads was 1858. 429.1s.
J The total deficit incurred by the
roads was $274.427.32
| 1t will therefore be seen that the to-
, tai net earnings of all the roads
amounted to s4.601. 021.93.
| The average passenger fare per mile
on ell standard guagc roads doing bust
, ness in Maine for the year 1901. not in
GLIDING the Boston & Maine, was 2.21
cents.
! The average passenger rates for the
year 1880 were 2.72s cents per mile, and
not including the Boston & Maine Rail-
road, 4.055 cents.
| This shows q reduction of rates per
passenger per mile of 0.SS4 cents from
| 1880 to 1901. and not including the Bos-
ton & Maine Railroad, q reduction of
1.84b cents per passenger per mile.
The reason for not including in part,
the Boston 4 Maine Railroad was for
! the purpose OF showing what rates for
passengers and freight prevailed as
nearly as possible in Maine. during the
years mentioned. ... :.
p! The average freight rate per ton mile.
not including the Boston & Maine. was
t097o cents.
The average freight rates for the
year 1850 were 3.s7 cents per ton Of
freight per mile. and not including the
tBoston & Maine RAILROAD 5.35 cents per
ton mile.
This makes e. reduction from 1880 to
1901 of 2.1S3 cents per ton per mile. and
not including the Boston & Maine Rail-
road a reduction Of 4.3S cents per ton
per mile.
The average passenger fare per mile
on the Maine Central was 2.155 cents;
Bangor & Aroostook. 2.48O: Boston Il
MAINE. 1853: Canadian Pacific. 1.53o;
Grand, Trunk. 2.01O; Portland & Rum
ford Falls. 1857: Somerset. S.43e:
Washington County, 1881.
The average freight rate per ton mile
on the Maine Central was 1.146; Bangor
liz Aroostook. 1.31s: Boston & Maine,
l1.134:, Canadian Pacific. O.503: Grand
y Trunk. o.e3s: Portland & Rumford
Falls. 2139; Somerset. $500; Washing
ton County. LIES.
;: Passenger fares and freight rates 81,
.he narrow guage roads are somewhat
+ higher than on the standard lines. as
1.-THE following comparisons will show:
The average fare per mile on the
/, Bridgton & Saco River was 4.S9 cents;
Franklin & Megantlc. 3.79: Kennebet
4 Central. 10: Monsoon, ASS; Phillips q
J Rargcley. 3bs: Sandy River, 3.S7; Que.
tbec Central, 2.3G.
Al The average rate per ton mile on tn:
W. - lee e