The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1917-08-09

861,120 tons of revenue freight car
ried, an increase of 14.S1 per cent,
and 16,199,762,221 tons we're carried
one mile, an increase Of 1929 per
cent. Freight revenue per mile of
road was $2O,217.22, an increase of
1858 per cent. OF the freight traffic
products of mines contributed an in
crease Of 4,9S2,O49 tons, or 1885 per
cent, and the manufactures increased
3,567,O90 tons, or 2S.12 per cent.
Passenger revenue amounted to
S16,169,173.29, an increase of 1854
per cent. Passenger earnings constl-
tuted 1892 per cent of total ernings.
There were 22,452,218 passengers
carried, an increase of 1881 per cent.
Passengers carried one mile were
SO2,282,706, an increase Of 14.48 per
cent. The average rate was slightly
more than two cents mile.
Mail revenue was $1,SOO,5S6.65,
an increase of 2.7S per cent. Express
revenue was $2,54IS9145, an in
crease of 1924 per cent.
The average revenue freight train
load was 1908 tons as against
1851 tons for the previous year.
Taxes for the year amounted to
s4,24O,57761, an increase of 1907
per cent. Taxes were 1863 per cent
of operating revenues.
The amount to the credit of profit
and loss at June so, 1916, the date of
the last report, was $20,606,5S5.93,
which was increased by the addition
of the surplus income earned during
the six months, $7,052,S01.90 and
miscellaneous adjustments, $45,-
35S.O5, so that the balance to the
credit of profit and loss at December
81, 1916, was $27,7O4,745.SS.
New construction during the last
six months to December 81, 1916,
cost $4,7S9,373.52. Equipment pur-
chased during the same period aggre-
gated S5,4S4,569.17, and after apply
ing yredits Representing property retir.
ed and additions covering other in
vestments the net increase in prop
erty investment was S9,633,353.
The report sets forth in detail the
construction of new lines, industrial
tracks, yards, stations, grade cross
ing Examinations, ETC., and the classes
of equipment purchased. OF the
whole freight car equipment of S.
796 cars, 92.27 per cent was of steel
construction, including cars with steel
UNDERTAKES and center sills, while
last year steel equipment was S5.15
per cent Of the total.
OF the total number Of employees,
54,1SO were members of the Relief
at the close Of the year.
There we're 9,42S depositors in the
savings feature who received $685.
557.21 as interest on their savings.
A total of 1925 loans were outstand-
ing amounting to S5,604,52S.41. To
pensioned employees $295,652.64 was
paid, there having been 1877 names
added to the pension roll and 119 re-
moved through death, leaving 1853
pensioned employees.
Two hundred and siXty-five new
industries requiring side track con-
nections, including SO coal develop
were located on the companys
lines during the last six months Of
the year through the activities Of the
Commercial Development Depart
ment. 1.-THE facilities. of the Com
Development Department are
at the disposal of the shippers along
the line, as we'll as from outside
points" according to the statement of
Willard and the directors,
ITO assist them in their endeavors to
develop their plants, broaden their
markets and economic in Their oper-
atoms. The newly created depart
ment has established bureaus for the
systematic study of the natural re-
sources Of the territory through
which the road operates and for MAX
ing industrial surveys Of the cities
and towns upon the line to ascertain
the resources and requirements and
to cooperate in their Development.
Bureaus have also been organized to
the work Of the Federal
and State Departments Of Agriculture
in encouraging the extension and de-
velopment Of agricultural activities.
the recent organiza-
ton Of the department, sufficient has