The Washington times., 1905-08-17
RAILROADS SWELL
GROSS EARNINGS
Largest Increase in Mileage
Since 1890.

The seventeenth annual report of the
Interstate Commerce Commission, Civ
ing the railroad statistics for the year
1904 has just been issued.
The report shows that at the end
OF the year 1904 there We're 297, ,073 miles
OF railroad in the United States divided
as follows: 2l2. .243 single track, 1924
second track, 1.467 third track 1.4e7
fourth track, and the remainder yard
track and siding
The increase in single trackage for the
year was 5,S27 miles, exceeding the in
crease for any previous year since 1890.
Railroad corporations included in the
report number >, ,104, Of which ,0S6 main
tanned operating accounts. S4s being
classed as Independent operating roads,
and 23S as subsidiary roads.
Financial Conditions.
OF roads operated under lease or some
other form of contract. 31S received a
fixed money rental, 147 a contingent
money rental, and 257 were operated un-
der conditions not readily classified.
In the course OF the year railway
companies owning $500 miles of line
were organized, merged, consolidated,
etc For the year 1868, the correspond
ing item was 10. 6.37 miles
On June So 1904, ], ,323 miles of railroad
were operated by receivers; 2S roads
were in the hands OF receivers. and az
the close Of the previous year q. In
the service Of the railways there were
1918 locomotives, an increase in the
year OF 2,872.
The number of cars of all classes ex-
elusive of those owned by private COM
panies, aggregate I.798 SOL an Increase
- -
were in the passenger service and !, ,692, :
49, in The freight work.
Pay Rolls Decrease.
The number of persons on the nav rolls
of the railways IN The United States as
returned for June 30. 1904. was !. .296 12l
or Gil per 100 miles of line, a decrease
for the year of 6,4l6, or 2S per 100 miles
The wages and salaries paid for the
year amounted to $S17, ,59S, $40.
On June 80 1904, the par value Of rail-
way capital outstanding was SI3. .2l3, l24. -
6l9, representing a capitalization OF
SCI .265 per mile
or this capital 81. .339, ,S99. .329 existed as
stock. Of which s., $50. SIS, 469 was common
and s., ,2s9. .369. $50 preferred, and the re-
naming part, S6,S73, ,225, ,350 as funded
bonds, s.. .74G. .S9e :::-s1eoas $50 obfie5s Sff
ticns, S723. ia. $50; income bonds. S22g -
S.06Sl. and equipment trust obligations
SIt3, 3S1, 6S4 Current liabilities for The
year amounted to 1881 ,628. 20 or 81 2sS
per mile OF line.
OF the total capital stock outstanding
y, $50 4lz0l0, or 4. % per cent. paid no
dividends. The amount Of dividends de-
cIared during the year was S22l 94I, ,O4g
being equivalent 10 6O9 per cent on dfvid-
end-paying stock,
During the year the railway carried
l5.4ly,6SZ passengers, an Increase OF 20
%, ,l4i over the number carried for The
year ended June 30 1903
Passenger Increase.
The passenger milage or the number
Of passengers carried one mile. was
2, ,925, pa, $50. having Increased l.O07. .449. -
G55. The number of tons of freight car
ried was 1895, ,S99. .165. which exceeds the
tonnage of the previous year by 5.5o4, -
S42 tons. The tOn-mileage, or the num-
ber of tons carried one mile, was l74.-
522. .0S9. .57T.
There was large increase in the gross
earnings over the year 1893. The gross
earnings were Sl.yI5 ia 09I which was an
increase of SI4 .32I lS4.
Operating expenses were 81 3SS S9G 252
an increase % SSl, ,357, 4O1.
The total number of casualties TO per-
sons on the railways was "a 20I of which
lUu4b represented the number OF per-
sons killed and "a, l55 the number injured
or the persons killed, Al We're pas
sengerS and the wounded Sill or one
killed ont OF every l,622. 267 carried, and
one injured out of every 1883 carried.