The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-03-05
one FARE AND
THAT REDUCED.
This Suggested By the corpora-
ton Commission of North
Carolina.
BETTER SERVICE; LESS COST.
One Hundred and Fourteen
Killed During the
Year.


Year.
RALEIGH. N. c., March 4..-rhe annual
report OF the North Carolina Corporation
Commission was completed and sent to
the executive Office OF t;oyernor Glenn
to-day. II Is for 1905 and is the seventh
the commission has made. 1t treats In
detail their supervision OF railroads and
quasi public corporations. banks and their
work as IL State tax commission.
In their report on railroads the COM
mission declares that North Carolina
Is ole OF the exceptions In the reoulro-
ment OF railroads to furnish first and
second-class fares shall provide separate.
accommodations for white and coored
passengers necessitates too many cara
making an unwicldy and much more exs
5pensive train. They urge that IL the roads
were required to furnish one fare they
could give better service at legs cost and
that the passenger fare should be re-
dtced.
The report shows that during the past
year 5,5ss.5o0 passengers were carried by.
the various roads In the State or thcse
the Atlantic Coast Line carried 1915, M:
the seabcard Air Line s5O.oss: the South.
crn 2.o3s.7oO. miscellaneous roads ssl 9ST
The passenger earnings were Atlantic
as~ouHt iN1e $I.s0S,itf, SeaDOar0 Air Line
$si3,667: Southern s3.012,s42
MILEAGE.
The report shows that there are in
tho State $4,000 miles of road-an in
creas OF 80 miles over last year. The total
valuation Is s69,573,334. Atlantic Coast
Line 97.s3 miles, s2445iu14 Seaboard Air
Line si2.l2 miles. N1,5po.ooo Southern
s279.6s miles, t26.3i0,bss: miscellaneous
roads 10c6.5S miles, ;6,ogs,73l. The gross
aov Ia nf lon d.
the net esrnlngs. not Including taxes ard
interest, fs.470. is3-a gain OF so31.472 over
the year previous. The total capital
stock Is ssa, 1865. iO5. and the total indebted
ness tss.ltl. 253. The miscellaneous roa Is
other than Atlantic Coast Line. Southern
and Seaboard Air Line. show So $3.50
capital and s9.s23,c1s deot. The railroads
pay to tina State tG4l.765 taxes.
The railroads have 15.s77 employees.
their wages aggregatns ss.7Ss.1G7. The
average daily wages paid are Atlantic
Coast Line cnginemen $751; conductors
1880, mechanics t2S0; Scaboard Air Line
enginemen 81. conductors q. mechanics
$780,, Southern enlightenment si92. conduc-
tors 500, mechanics s7.1s.
During the year there were ia per-
cons killed and 1871 injured In accidents :
Atlantic Coast Line % killed. Is injured;
Seaboard Air Line. Is Killed. 1855 injured,
Southern. 81 killed. 47s injured. miscel-
laneous roads, IL killed. 81 injured. These
figures include passengers. employees and
trespassers. There were really 30 employees
killed and 1872 Injured; passengers killed
and 145 injured, and "a other persons
killed and l52 injured.
During the year Isl complaints were
filed With the commission against rail-
roads covering great variety OF gfieN-
ances. most OF which have been disposed
of. Some were for failure to keep passen
ger schedules. bulletin arrival OF trains.
furnish cars for shipment OF freight ana
delivery after arrival az destination.
SHOWING OF THE BANKS.
The commission says the industrial de-
yelopment OF the State is reflected IN
the increase In the number and resources
OF the banks. There are 2ss State. pri-
yate and savings banks. gain OF forty-
four over the previous year. The re-
sources are s41,09553s. an increase OF
50, 1856 during the wear The cnpitai
stock Is 81. 1856, SIS. an Increase OF sI2l'"ii.
The loans and discounts for the year were
s25. 27s.O 900. n gain OF s4.5ls,696. There
are f,fty national banks In the State, with
So. 975. 900 capital. Five of these we're or
cnnlzcd during the year. with combined
capital OF s475,0oo. The resources OF the
national banks increased over 1--WE mii-
lions Of dollars during the year.
The report reviews the action OF the
commission in closing the Bank OF Benz
son and the Bank OF Fayetteville during
the year for shortages and irregularities.
and declares that In view of the large
amount OF funds entrusted to the banks
and the small capital of number OF
them, the commission feels great re-
sponsbIlity resting upon them, ana py
careful examinations, criticisms OF con-
ditlons found, believe much has been done
to promote good banking in the State.
TELEPHONE SYSTEMS.
The commission declares that the con-
slant tendency Of tho largest telephone
companies to absorb the smaller ones
| makes 1t important that the power to
regulate the rate and supervise the SER
vice should DO made full and clear; that
the State statute now is very meagre.
They recommend that the attention Of the
Legislature be called TO this mattef.
THE INCOME TAXES.
The report al the tax commission shows
| the total assessed valuation OF property
| In the State to be $75,a75,3a2, 1925 per-
sons reported incomes over $1,000 Tor tax s
alton, the amount being $2.7es.s9b, as
compared with $2.4b4,5o4 for 1903,
The counties returning the greatest
amount OF incomes tor taxation were
Wake, 5000, ss2: New Hanover. s2bs, se4;
Mecklenburg. s223.245; Guilford. $2oo, SOD !;
Durham, s1s7,1oa; Forsythe. Hs16S5;
Bunoombe. s17s,s44. All the other coun-
ties were less than 100000. No incomes
| were reported from Alexander. Ashe,
Camden, Clay. Currituck. Dare. Graham.
Haywood. Mitchell, Polk Watausa and
| Yancey