The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1910-08-02
RAILROADS SHOW
BIGGER EARNINGS
Operating Expenses In
Year June 80, 1909
EMPLOY eG,548 MORE MEN

ro+ai mileage. 236.S6S,53 miles sin
gle track.
Increased mileage during year, s.
% miles.
Number of railways, 2,196.
Passenger locomotives, 1887.
Freight locomotives, 33,935.
Passenger Cars, 1854.
Freight cars, 2,073,606
Company cars. $4,000.
Total locomotives and cars, 2.275,-
492.
Total employees, 1,502,S23.
Total engineers. 57,077 men.
Total firemen, 60,349.
Total conductors, 43,60S.
Total trainmen, 11,476.
Total switch tenders, 44,69S.
Total wages paid, $9SS,323,694.
Total Killed, S,722.
Total injured, 95,626.
One passenger killed for every s.
J1%,606 carried.
Passengers killed, 253.
Passengers injured. 1871.
Total passengers carried, S91,472,-
49, persons.
Passenger increase over 1908, 1,462,-
81.
Operating revenues, $2,393, So5,989
in 1908 and $2,41S,677,41O in 1909.
operating expenses, $1,599,,443,41O
In 1903 and S1,669,547,S76 in 1908.
III NdILt Cd pIldI SlOck OulSl1nullS,
$1I4S7.S68.035
Washington, July 22.-There is
more than a quarter of a million miles
Of steam railroad trackage in the
United States, employing owe 1900
goo men, capitalized in excess of
$1,000, 600, hauling 500. 600, 900 pas
sengers and 1900, 600, 900 tons of
freight annually, according to ad-
vance figures given out by the Inter-
state. Com m6rca Com mission
The exact total single-track railway
mileage in the United States on June
30, 1909, were 236.S68 miles. an in
crease over the previous year of 3,215
miles. More than 100 miles increase
Is Indicated in Arkansas, California,
ICaho, Minnesota, Mississippi. Mon
tana. Nevada, Oregon, Texas, Virginia
and Washington.
Much has been said during the cur
rent discussion of freight-rate in
creases relative to increased wages
heavier operating expenses and the
earnings Of the railroads. The figures
made public by the commission just
snow that the operating ev-
enues for the year ended June 80,
l903, aggregated $2,418, 677,538, and
mat the operating expenses were ST.
'59'44",4lO, an average of $6,S65 per
mile OF line. The aggregate on divi-
oehds includes about $4,000, 600 and
me total noun of interest about
$I6.O0O,000 payable by various com
pahleS to other steam railroads re-
porting holdings of their securities.
capitalization of Railroads.
I~eIatIVe to the capitalization of
idiToad property the statement says
On June 30, 1909, the par value
~. me amount of railway capital out
9LaholhS, according to the returns OF
'"e companies filing reports with the
|ohlmlssion, was $17,487,868,935. OF
oI"S amount, $13,711,867,7 1873 vas out
Nldh0Ing in the hands of the public
dEp'e"entlng a capitalization Of $50
-'9 Per mile of line.
VI the total capital outstanding
1I'fe oXISted as stock $7~,6S6,27S,545
~. ".l'h $6,21S,582,4S5 was OmmOr
an HI.4bI,896,06 was preferred; the
aeualhIhg part, S9,S01, $50, $50, repre-
o7"'ed founded debt-consisting o
morlI98e bonds, 6,942,O12,0 66; col
,Il4IaI trust bonds, s1~,147,377,191
ttGG[l' bonds, debentures and notes
o0.,"%',3O1 income bonds, $2S4,'
t',''@I: miscellaneous obligations
1.I1-97,240, and equipment trust oh.
"2au1ns, $307, $50, O61.
sI the total capital stock out
el@.uln2. $2,766,1O4,427, or $3.50 pei
ANY, paid no dividends, The amour
0llIdends declared during the yea1
Wy both operating and lessor com
rauI'sl was $~321,O71,626, beins
Equivalent to 6.53 per cent. on divi
ngh4-paying stock. No interest wa!
n@'o on $718,351,332. or 7.57 per cent
me total amount of funded deb
CGI5}@aI"ndlhg, emitting equipment rus
Obligations.
,, Traffic Increase Shown.
HE number of passengers carried
g-I'4g the fiscal year 1909 was SCI,
7G0of-9s an increase of 1.462,851 ovel
29' The number of passenger a
9e one mile was 29,109, 322,589, Q,
foa0''o43 more than the year be
The number of tons Of freight car