Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-12-02

|
officers, with salaries of s939, $50; SIS
other officers, s10O0,09I; 1896 general
office clerks, s2,762, sos; 299SS local
agents, S9,395S4S; 1850 local-office
clerks, $s,S26, 446; 1881 drivers and de-
livery men, ST,ST2,271; 9,416 other local
employees, $4,652,olS; and s,967 rnessen-
ger helpers. and guards, $4,542,024. The
total number of employees in 1907 was
i9.2S4, or 1874 per cent greater than In
1880. and the total wages or salaries
paid, 1884 ,o32, or 144.1 per cent great
er.
The important items of equipment re-.
i ported by express companies are horses,
wagons. and office fixtures. Cars, num-
berlng ll6, were reported by two COM
panies. Such cars as are owned by eX-
press companies are usually purchased
FOR a particular purpose, such as the
transportation of perishable commodi-
tles The fact that, of the 239 automo-
pies reported at the present census, 20L
belonged to a single company shows
That the use of such machines in tho
collection and delivery of packages was
far from general even among the larger
| companies.
The issuing OF financial paper was a
comparatively new extension Of the cx-
press business in 1890 At that time
'SiS SIN companies i>SulI!S
| orders as compared With 10 in 1907. Tho
number of money orders issued has in
creased from 4,5aS,567 to 14,014,96o, gain
of 204S per cent.
| In addition to the money orders is
! sued IN 1907, which had Il total value
| Of Sl4i,3f6,656, express companies issued
| 792, 137 travellers cheques and letters OF
credit Of a value of $2o.S2S.932. The to-
tai value OF financial paper issued by
express companies, s16S ,1755SS, is 29,S
| per cent Of the value of domestic and
| international money orders issued by
| the United States postofflce depart
ment. The value of all kinds OF tinan-
cial paper reported by the American
Express company was S1,01S,6i1, or
nearby half of the total for all COM
panles.
p,,r,t,rr,rr .>rr r,ypr,>r p,rI-pru
~ 80 10y - = vs.
OF the 81 express companies repre-
scented at the census of 1907, is are
81 ~ poa s,.'oi - uep,.r ei.ients ~
snot - tni p"'
o,'i,. oms - ny ~ a. 1"'
si lny,; en- oio Wy 81 i.lat ,
N-apilal s.oth Mas lepolteu ny - VI
we Ii,coI l,oia.e'l coilil'a'iies anu slia.t
VI lliteIest were tepoltga Ny ono III
WI 'teu toIi'pans hliu " eitG loul
contemporaries , assoc'atio associations, -. n Tue Tue
p .as OF q ilolniiiai par value Oh SlVV LOT
inc shares OF lnleresa' inc cothpllieu
capitanIhtioil Is Soe,eos' zou.
me total recelpts OF al the express
companies amount 10 Sl2sLl''l'o, or
which ~ per cent Is receipts from oper-
| alton and per cent receipts from other
sources. over ~ per cent OIL inc totai
receipts represents the receipts or the
| six leading companies Ihe proper
ton of the total business transacted by
| those companies remains about the
same, although the total number OF
| companies in the express business and
| the total volume OF business have about
doubled.
The two important items of expense
In the express business are the amounts
paid to steam roads and the salaries
and wages, which in 1907 were $56,37S340
and 1881 754, respectively, and to-
gethel. constituted, as in 1890, over so
per cent of the reported operating ex-
penses.
ASSETS AND LIABILITIES.
Information sufhcient 10 construct
pala ace Nsheet could DC secured from
only ~ companies. Inc SIN ,leadlHs
companies reported @e2,olo,oo9 more
Than ~ per cent OF thc assets ana
llblllIies 81 OF tile fepor'ii's coiiipa'''es
lSsnouo'se'.'
IN the character. Of the assets and lab
ilities of the two classes of companies.
Stocks ana oonus OF otner sap.ess co,lt-
paHies anu otner pei .ila.is,,' insss
ments slargely the stoGks anu pohus OF
railroads over Mnlcn inc EXPRESS com
panles operatea} ioi,ll o. per cent ~, y.
the assets OF lhe SIX larsest coilipai, .,es
ana Ia per cehL Oh me assq ~. u i .,.e
other COMPANIES, Miieieas iraiieti.ees
anu privileges pei eer. "
~ i1io r5 % ,,er cant nf t,,e assets ~
les ana 80 per cent o. .iie a. hss ,ias;, ~
QUIET - fa-,,,s ~ na,t
ties. chpilai SUR 70 az, m.s ,,o %
III me case o. ele siA ia, se 81 CIV NV
pailles' as coli'las.eu ~. ~, ,,,, hn
cenl ~ at ID 10 ,oso .,rn,,,s farnns
whereas WI pluil' az ~ ,ioi,iii,;as ~ the
80 per eeii. VI - ,'9 III, 80,
s.A lal - H. ,i.tiiitis. ~ TIC sn,oliar
cen. VI .'io mhnsa differornes ,yn,,Id
I ,,.,;lnta t,,.t tle smaIIer companies
are conducting a simple express bus
mess, paying over the profits to the
shareholders soon after theS are earn carr
] hand. are apparently entering more
or less into a investment bust
ness, retaining q considerable surplus
| mt IF the profits and Investing it In