Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1903-01-10
c. v R. R. REPORT
Statement Regarding Thriving
Railway Company.
A FEW ACCIDENTS REPORTED
Not a Passenger Was Killed and Only Five
Employees Of The Road Lost Their Lives
Fntr4aa. No. lat...aA

y hHNoLN 81 Tie StAte bureau OF
Railways will show some interesting
figures and facts regarding the Cum
bertrand Valley Railroaa Company. 81
Md.
The report Of tile eonanany's officials
show that this company has a capital
stock OF 81, 1850; bonded indebted
ness Of 1888, 500; other forms of jim.
%dehtedness including current liabilities
n 90, 2sa. or total liabilities Of ss.4ll,.
6s5.
Its assets are male up as follows /.
Cost Of road and equipment So, st6, 0sI /;
cost of stock and bonds a9S. 2l4; cash
and Gu trent assets. 1923, l26; other as
sets s905, 542 making The total assets
LAG, 967. Last yesf its total assets
amounted to IS, ofs, 5S4.
Its equipment consists of thirty 10.
c%omotivos sixty.one passenger cars
653 freight ears, and e~ighty-six cars
used in the eompany's own service,
making a total of 500 cars.
The number Of employees this year
is o59, and the annual conversation
paid them Is $500. e55. Last year the
mount paid was S457, 200.
Its passenger train mileage is BIO.
$50 its freight train mileage 254. gel /.
making its total train mileage $50, GIL.
During the year this road carried
80 49,
$50, 059 passengers, an equivalent Of
carrying 2f, 500. ST. persons one mile.
The average distance of the haul Of
each passenger was seventeen miles /;
the total passenger eyenu was Sf30,
5bS and the average amount received
from each passenger 3S. CSC cents. The
average receipt per passenger per mile
was !. 002 cents the passengers earn
ings per mile of road So, 059. 63.
One hundred and nineteen thousand
one hundred and ninety tons of freight
carried were products OF agriculture !:
3f.417 tons products Of animals. 202,
769 tons products OF mines. 1856, 4S9 tons
products of forests 24s. 23S IONS pro-
ducts of manufactures 80, 0S2 tons Of
merchandise. and 1855 tons miscel-
%laneous shipments.
THE total tonnage of all classes was
$50, $50, an equivalent eli carrying 40,
1851 tons one mile, and an average
haul per ton OF iifty-two miles.
For conducting its freight traffic, it
received 1858. 904 or an average receipt
for each ton Of freight Of $6, S42 or
| .01314 of a cent per ton per mile. The
freight earnings per mile of road be-
ing S4,0 l5. 3S.
The passengers wen and earnings
of this company amount to $49S, 261 ;
the freight revenue and earnings $685.
904 other earnings from operation Of
ST, 1872. 1876. The income from other
sources amounted to $ll, 562, or total
earnings and income of 81. 1913. 98.
The disbursements of the company
were as follows; For maintainenance
Of way and structure Sl65, 79S; for
maintenance OF equipment Silt. 301 /;
for conducting transportation Sf0I, $50 !;
for general expenses S3S, 105. making
the total operating xpense $72S, 56l,
which would indicate that the operat-
ing expenses were GIG per cent. Of
the receipts from operating.
III addition to expenses for operation,
there was paid ont during the year the
sum of $50, 638 for other expenses. max
ing the total expenditures 1874 1875. A
dividend Of eight per zen was paid.
amounting to s142, 22s. After deduct
ing this dividend the company had a
surplus of s257, sci as a result Of the
years operation.
Ia conducting its business, no uaf-
sengers were killed and only n in-
jured; Eve of It's EMPLOYEES were killed
and fourteen Injured; no other re
sons we're KILLED and but three in5u.ef.
making a sotal of five killed and cs.
enteen injured. Last year the moe
Der killed was six and the number in-
iurea three.