The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1910-07-26
RAILROADS SHOW
DIGGER EARNINGS
Operating Expenses In
Year June 80, 1909
EMPLOY Ge,549 MORE MEN
Interstate Commerce Commission Is
sues il Preliminary Iscport-Gain
in Mileage.

Total mileage, 236,S68,53 miles sin
gle track.
Increased mileage during year, s.
215 miles.
Number of railways. 2,196.
Passenger locomotives, 1877.
Freight locomotives, 1885.
Passenger cars 1854.
Freight ears, 2,0T3,60t.
Company cars. $4,000.
Total locomotives and cars. 2,275,-
492.
Total employees. ~1,502,823.
Total engineers. 57,077 men.
Total fireTnen, 6o,349.
Total conductors, 43,60S.
Total trainmen, 11,476.
Total switch tenders, 44,69S-
Total wages paid, 1888, 323, 604.
Total killed, 8,722.
Total injured. 1886.
one passenger killed for every g.
523,606 carried.
Passengers killed, ass.
Passengers injured, 1O,311.
Total passengers carried, S91,472,-
425 persons.
Passenger increase over 1908, 1,462,-
s51.
Operating m s2.3e3,So5,G89
in 1905 and s2,418,677.41O in 1909.
Operating expenses, s1.~599,.442,41O
in 1903 and $1~.669,547.s76 in 1908.
Par value capital stock outstanding,
$17,4S7, S68.035.
Washington, July 22.-There is
more than a quarter of a million miles
Of steam railroad trackage in the
United States, employing over $780,
900 men, capitalized in excess of
$1,000, 900, hauling 500, 900, coo pas
sengers and 1900, 900, 900 tons Of
freight annually, according to ad-
state Commerce Commission.
The exact total SiDg1p-trark railway
mileage in the United States on June
80, 1909, were 236,SeS miles. an in
crease over the previous year of 3,e15
miles. More than 100 miles increase
is indicated in Arkansas. California,
Idaho. 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
sho that the operating rev.
enues for the year ended June 80.
1909, aggregated s2.41S,677,538, and
that the operating were fl
bes,443,41O, an average Of $685. per
mile Of line. The aggregate on dfvi-
dends includes about $4,000. 900 and
the total amount OF interest about
$4,000, 900 payable by various com
panies to other steam railroads re-
porting holdings of their securities
Capitalization OF Railroads.
Relative to the REHABILITATION Of
railroad property the statement says:
con June 80, 1909, the par value
of the amount Of railway capital out
standing. according to the returns Of
the companies filing reports with the
commission, was $17,4s7,3ss,e35 or
this amount, s1s711,se7.733 vas out
cfo nIf~~ ~ %L1 Io~1~ 80
representing a capitalization of $50
259 per mile Of line.
"Of the total capital outstanding.
there existed as stock s7.eSe,27S.545,
OF which Sc ,2~1S,582,4s5 was common
and s1.4e7,S96.OeO was prefarred: the
remaining part, $~9,8o1, 10000, repre-
scented founded debt-consisting of
mortgage bonds, se,942,O12,O6e; col-
lateral trust bonds, $1,147,377,191;
plain bonds, debentures and notes,
$8O3,537, 301; income bonds, s284,-
4e7,531; miscellaneous obligations,
$316,297,240, and equipment trust OBJ
legations, s3o7,86e,o6
"Of the total capital stock out
standing, s2.766,1o4,427, or $3.50 per
cent, paid no dividends. The amount
OF dividends declared during the year
tby both operating and lessor com
panies) vas s321,O71,626, being
equivalent to 6.53 per cent. on diyi-
dend-paying stock. No interest was
paid on s~71S,351,332. or 7.57 per cent.
Of the total amount Of funded debt
outstanding, emitting equipment trust
obligations.
Traffic Increase Shown
The number of passengers carried
curing the fiscal year 1909 was SOL
4a2.425. an increase of 1,4s2,S51 over
1913. The number OF passengers car
ried one mile was ae.1 IS. sss.58e. or
so.4os'o4o more than the year be-
fore.
The number of tons Of freight car