Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1912-10-18

be willing to stop fighting, and tn,
Europeans through the eagerness o.
the Turks may find themselves EN-.
broiled in war. Turkey, Of coudse
will desire to make this a decisive con-
test. The highest aim Of the Turks, as
is readily to be seen, is to annihilate
the military power of the Balkans fol
the next fifty years.-New York Sun.
THE SOUTHERN RAILWAY
How II is Bensfitting from tho Big
Development in the South.
The success with which the South
ern railway management has attacked
and solved its two big problems is for
chilly demonstrated in the company's s
annual report for the fiscal year ended
June 30, last.
These two problems were, first to
build up the agricultural and industrial
business OF the territory traversed by
the Southern railway lines, and second
ly, to bring the railroad plant up to a
point where it would carry economical
ly and with despatch, the heavy traffic
bound to follow 1t is said by his as
sociates that w. w. Finley, president
| Of the Southern railway, has no other
aim in life than to bring about these
results. He eats, sleeps and drinks
Southern railway" is the way they ex-
press 1t, and this close application to
his life-work has brought big results.
In the past few years the land and
industrial department Of the company,
the department Of farm improvement
work, the cotton culture department,
and various other departments, all or
ganized in the interest Of southern de-
amount Of good in arousing interest in
better agricultural methods, settling
farm lands, increasing the output and
establishing industries. The number of
new Industrial plants completed during
the fiscal year at points on the COM
pany's lines was 44S. The number un-
der construction at the close Of the
year was seventy-three.
The latest report of the United States
bureau on manufactures shows that in
the states traversed by the Southern
railway line the total value Of manu-
featuring products in ten years increas-
ed 107.6S per cent as compared with an
increase Of 79.49 per cent for all other
states The report Of August 81, 1912,
shows that out Of total Of 11,585,S39
spindles in the cotton growing states,
S,53o,723 spindles were in the territory
of Southern railway lines.
These facts, therefore, make 1t ap-
parent why Southern railway freight
revenue last year increased in excess
Of s2,0O0,O00 and gained more than
S8,000,000 over 1907, and $27,000,0 900
over 1902. Also why revenue tons car
ried increased more than 100000 over
1911, 3,050,000 over 1907, and 13,500,-
900 over 1902. Also why revenue tons
carried one mile increased 11S,000,0 900
over 1911, 319,0O0,000 over 1907 and
1923, 100000 over 1902.
Why the company should carry this
tremendous increase Of tonnage, as
compared with 1907, at a saving Of 5.97
per cent of gross revenue is also re-
vealed by the report, which shows that
following years Of up-building Of prop
erty and equipment the company still
chose to increase maintenance Of way
and structure expenditures s376,000
over the previous year and equipment
expenditures s647,0O0. OF the increased
amount on roadway and structure
$4,000 or 1893 per cent was for tie
renewals, s2S1,OOO or II per cent for
repairs to roadway and track, and
SCI 900 or S.21 per cent for increas-
ed repairs of bridges, trestles and cul-
verts. The number of cross ties used
in renewals during the year was 3,441,-
551. Repairs to locomotives increased
1921, 1000 or 5.5S per cent; passenger
train cars $4,000 or 1872 per cent
and freight cars s267,OOO or 6.61 per
| cent
This policy of up-keep permitted the
| company to increase it's train loading
| from 240 tons in 1911 to $50 tons In
1912. In 1907 the average revenue
freight train load was 201 tons and in
| 1904 only 1S9 tons. Average receipts
per freight train per mile are now $2,-
467 against $2,324 in 1911 and $1,971 in
1907, and $1,771 in 1904.
@r;@ hot hn
| was a record one for the Southern
railway. Every year since business re-
covered from the panic of 1907, the
company has been establishing new
records. In 1910 gross earnings were
nearly $4,000 900 ahead Of 1909 and net
earnings were nearly $2,000,0o0 ahead.
In 1911 the gains over 1910 were re-
spectively s3,O00,OO0 and s500,000. In
1912 they were 100000 and 100000
| over 1911.
Net earnings have to date not re-
sponded to the increase in gross as full
| ly as they may be expected to do In
the future. During the past few years
expenses have been heavily augmented
by heavy maintenance outlays and in
creased cost of labor. The later item last
year was responsible for s1,100,O0O of
the $1,419,0O0 increase in transporta-
ton expenses. This is a problem which
the company will again have to face in
the current year. Increases of about
ten per cent in wages to several classes
of labor have been granted in the past
ten days but aside from this one
unavoidable increasing expense the
Southern railway should henceforth
show lower carrying cost as a result OF
it's extensive improvement programme
| From Opulent.-Giddings the silver
tongued and golden n-throated Giddings'
of Oklahoma, had just made his
speech in the Baltimore convention. He
was receiving congratulations and
mopping his brow when a reporter
came up and said:
| Name Dlease?"