The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-11-15

Z
Having the heaviest traffic density on
the system. which at times is in ex-
cess Of $4,000. 900 tons per miles OF
road a year. The Cut-off also elm
mates a helper station at Hansrote.
Other moer important work complet-
ed during the year is reviewed.
Thirty-one locomotives and 1875.
steel freight cars were purchased
during teh year and there were con-
tracted for, but not delivered at the
close Of the year. fifty steel passenger
ears and 1000 steel freight cars, and
during the year 1854 freight cars
were rebuilt with steel underframes
and equipped with heavy draft gear
to better At them for present operat-
ing requirements. The percentage Of
steel freight cars, including cars with
steel underframes and center-sills,
was 81.38 per cent as compared with
1917 per cent the previous year and
1888 at June 80. 1909. Two hun.
dred and three locomotives that had
undergone thorough repairs were in
storage awaiting traffic development.
One hundred and thirty-eight new
industries. manufacturing and COM
mercial. were located on or adjacent
to the line as a result Of the activi-
ties of the industrial department. One.
hundred and thirteen side-tracks
were constructed: eighty-seven to
newly located industries and twenty
six to industries previously located
but without such facilities.
With a total membership Of 50,591
emuloyes members Of the relief de-
partment, the total payments Of all
benefits from May i, 1880, to June 80
1915. was s2o.096,ss2.93. The savings
feature of the department paid $416,-
1916 in interest to S,937 depositors.
During the year 1894 new loans were;
made to employees towards the pur-
chase OF homes and 541 loans were
paid of. Two hundred employees were
added to the pension roll. making 1,036
pensioners, whose average age Is over
20 years.
With respect to the Cincinnati, Ham
ilton and Dayton railway the report
states: This property is still in the
hands Of receivers. and while plans
for its reorganization are now being
considered, the subject has not pro-
crossed sufficiently to justify any con-
clusion at this time as to the ultimate
effect Of the reorganization upon your
company; consequently, there is MOTH
ing to add to the full statement made
in this connection in the previous an
nual report, except that your company
has made no further advances to or on
account Of the Cincinnati company
other than to pay the interest accrC-t
ing during the year on the $7,500.00a
first and refunding mortgage four per
cent bonds outstanding and bearing
the guarantee Of your company"
The report reviews briefly the fvG
per cent rate case and in that connec..
ton states:
while granting approximately only
one-half Of the immediate relief asked
for by the railroads, it should, be en-
couraging to those interested in rail-
roads and in the proper industrial de.
velopment Of this country to know
that the commission treated the ques..
ton before 1t in broad way, and
recognized, unanimously. the necessi-
ties Of the carriers for additional reve-
nues and declared its purpose to ai.i.
so far as 1t legally may, in the solu-
ton Of the problem as to the course
that the carriers may pursue to meet
the situation. It Is believed that the
inquiry has also served to bring about
a much better understanding of the
railroad situation by all interested or
concerned in that question, and that
because Of this clearer understanding.
the shippers. the railroads and the
regulatory agencies Of the public, will
all in the future be better able to sat
isfactorily work out the many. problems
incident to the governmental regula-
ton of the public utilities"