Bisbee daily review., 1916-01-04
RAILWAY STATISTICS FOR 1915.


 Less miles of new railroad were built in the United during 1915 than in any other year for over 50 years or since 1884, and miles of railroad receivers hands during the than before cording the Railway Age summary its rail way statistics for the year. compiled from official and published in it's annual review number There have been only three other years since 1S4S when the in crease in railway mileage was less than 1000 miles they the Civil War years of 1861, 1862 and 1864
 1915 the total mileage railroad constructed in the United States 9SS, compared with 1,5S2 n 1914 and o71 in 1915 There also large track duction in in the mileage of second track built In ad don the line there built 356 miles of second track, compared with 565 miles in 1914 and 1,264 in 191S and 6 miles of third track, fourth other multi pie track, making total of 1,354 miles of track pared with 227 in 1914 4466 in 1913 The largest mileage Pennsylvania which heads the list states with sS miles Oregon was second with Ss miles Washington third with Il miles New lines built in 7 while built in Il Cana dian roads built 71S miles of new first track as com pared with ls7S In Mexico 365 miles of new line built against reported for 1914
 In the United States the reports received by the Rail- way Age Gazette show 2Oe2 miles of line projected e24 under survey and 12O7 underc construction completed 3S9S miles in prospect year ago there 2O31 miles line projected 1229 miles surveyed and l015 miles under construction, than actually completed 1915. In Canada there S75 miles of line projected 2s9 miles survey and SIS miles under construction total of 125S miles, and in Mexico 25 miles of line being built.
 On December S1 1915 SS661 miles of railroad with total funded debt of $ S955OO total of s747 SO capital stock securities amounting s2S54 in all being operated by receivers This represents nearly che sixth of the total mileage capitalization of the railways of the country mileage in receivers hands over 4OOO the greatest 2515 miles, has been terminated. smaller roads have been sold foreclosure The mileage being operated by receivers was exceeded in 1884, when tie total was 4OS1S June So Roads having total mileage of 2O43 capitalization of s1 O7o SOS CPS went into receershps during calendar year 1915 This the mileage placed in receivers hands during since the panic year, 1893
 While the statistics do show it," the Railway Age Gazette says, however situation undoubtedly is changing for the better We do refer to the large increase in and earnings which occurred during the last six months of the year Large and helpful as they they would have little sign- canoe if there believe that the nfu- ences which have been affecting the railways going to continue affect them with same force as in the past The true and sufficient for optimism is tha the press the public and influential public men, including members of the Interstate Commerce Commission aud the President of the United States beginning ze the conditions existing in the railway and to adopt means for dealing with it. The press discussing it with fairness snd intelligence never shown before The Interstate Commerce Commission, while refusing advances in rates which railroads have sought has granted which, combined, will amount to a good many millions of dollars year The attitude oi some of the state regulating bodies themselves proving Finally. and perhaps most important of all, President Wilson has recommended the creation of commission to investigate the entire subject of the regu laton of railways and such changes in the system policy as the welfare of the ator demands"