RAILROAD COMMISSIONS-Continued. Railroad Commission of Texas-Austin. Ison. John H. Roemer, Chairman; David Harlowe, Allison Mayfield, Chairman; Earle B. Mayfield, W. D. Williams; E. R. McLean, Secretary. Vermont Public Service CommissionBrattleboro. Robert C. Bacon, Chairman; Wm. R. Warner, Park H. Pollard; Neil D. Clausson, Clerk. Halford Erickson; Lewis E. Gettle, Secretary. Manitoba Public Utilities CommissionWinnipeg, Canada, H. A. Robson, Commissioner; A. W. Smith, Secretary. New Brunswick Public Utilities Commission-St. John, N. B. Geo. O, Dickson Otty, State Corporation Commission of Vir- Chairman; A. B. Connell, Felix Michaud, Fred P. ginia-Richmond. Robert R. Prentis, Chairman; Robinson, Clerk, P. O. Box 647, Fredericton, Nova Scotia Board of Commissioners of William F. Rhea, J. R. Wingfield; R. T. Wilson, Public Utilities-Halifax, N. S. John U. Ross, Clerk. Public Service Commission of Washing-Chairman; R. T. Maclireith, Vice-Chairman; tou-Olympia. Charles A. Reynolds, Chairman; Parker R. Colpitt; Laura B. Taylor, Secretary, Arthur A. Lewis, Frank R. Spinuing; J. H. Brown, Secretary. West Virginia Public Service CommisLee Ott, Chairman; Howard sion-Charleston. N. Ogden, C. H. Bronson, W. C. Kilmer; R. B. Bernheim, Secretary. The Ontario Railway and Municipal Board-Toronto, Ont. D. M. McIntyre, Chairman; A. B. Ingram, Vice-Chairman; H. N. Kittson, Cominissioner; H.C. Small, Secretary. Quebec Public Utilities Commission-Quebec, Canada, F. W. Hibbard, President; Sir George Railroad Commission of Wisconsin-Mad-Garneau, F.C. Laberge; M. Jos. Ahern, Secretary. RAILROAD STATISTICS. (From Report of Interstate Commerce Commission for fiscal year ending June 30, 1913, and made from the annual reports of carriers having gross operating revenues of $100,000 or more for the year.) On June 30, 1913, the roads covered by this report represented 244,418.49 miles (single track) of line operated, including 11,162.97 miles used The aggregate mileage of under trackage rights. railway tracks of all kinds covered by these roads was 369,579.80 miles, an increase of 8,628, 36 miles over corresponding returns for 1912. Of the total number (63,378) of locomotives, 14,396 were classified as passenger,37,924 freight, 9,834 switching, and 1,224 unclassified. The total number of cars of all classes was 2,445,508 (or 76,566 more than on June 30, 1912), as follows: Passenger service, 51,700; freight, 2,273,564; companies' service, 120,244. Expenditures for additions and betterments and for new lines and extensions during fiscal year 1913, $680,084,873. Credits-Property retired or converted, $79,495,571; adjustments, 85,058,790; difference between record value of grantor and purchase price of grantee in case of roads sold, merged, $203.consolidated, etc., $118,470,872: total, 025,233; net increase during year, $477,059,640. Passengers carried, 1,033,679,680; passenger mileage, 34,575,872,980; tons of freight moved, 2,058,035, 487; ton mileage, 301,398.752.108. Traffic earnings - Passengers, $695,987.817; freight, $2,198,930,565 and including revenue from miscellaneous sources, making total operat Investment in road and equipment-The figures include returns for investment in road and equip-ing revenues $3.125,135,798. ment, shown by the operating roads, as well as by their subsidiary non-operating roads (leased, operated under contract, etc). Investment to June 30, 1912, $15,874,579.626; investment to June 30, 1913, $16.351,639,266; increase 1913 over 1912, $477,059,640. Operating expenses-Maintenance of way and structures, $421,232,395; maintenance of equip ment, $511,561,363; traffic expenses, $62,850,113; transportation expenses, $1,096,252,745; general expenses, $78,072,308; total operating expenses, $2,169,968,924. CAPITALIZATION OF RAILWAY PROPERTY. On June 30, 1913, according to the annual reports submitted to the Interstate Commerce Commission by roads having gross operating revenues of $100,000 or more, together with returns made in reports filed in behalf of their non-operating subsidiary lines, the par value of the amount of railway capital outstanding was $19,796,125, 712. This amount includes capital beld by the railway comOf the total amount of such capital outstanding there panies concerned, as well as by the public. existed as stock $8,610,611,327, of which $7,231,515,045 was common and $1,379,096,282 was preferred; the remaining part, $11,185,514,385, representing funded debt, consisted of mortgage bonds, $8,186,366,426; collateral trust bonds, $1,189,636, 796; plain bonds, debentures, and notes, $1,107,076,783; income bonds, $250, 290,655; miscellaneous funded obligations, $82,858,275, and equipment trust obligations, $369,285,450. Of the total capital stock outstanding for the roads under consideration, $2,836,023,744, or 32.94 per cent., paid no dividends. The amount of dividends declared during the year (by both operating and non-operating companies represented in this statement) was $368,606,327, being equivalent to 6.38 per cent, on dividend-paying stock. The average rate of dividends paid on all stocks outstanding pertaining to the roads under consideration was 4.28 per cent. No interest was paid on $1,128,776,748, or 10.44 per cent., of the total amount of funded debt outstanding (other than equipment trust obligations). PASSENGER RAILWAY RATES IN EUROPE. Most of the railroads are owned PASSENGER rates differ considerably in the different countries. and operated by the state, but in some countries there are both state and private roads, and in The following are approximate passenger rates, England the railroads are all private corporations. reduced to cents per mile, in the various European countries; Class I. Class II. Class III. Cents. Cents. Germany, (state)....... 2.74 Belgium, (state). 2.92 1.98 1.17 ་་ OWNERSHIP. Netherlands, (state)... (private).. Cents. Class I. Class II. ClassTIL. 3.30 2.48 1.66 3.32 France, (state)........ 3.16 2.36 1,54 Italy, (state). 1.62 (private)... 3.49 2.34 1.54 United Kingdom. (priv.) 4.70 3.18 1.78 In Italy the rate per mile is higher than on any other state-owned road, though a differential tariff offers some advantages that tend to reduce the price and to make the long-distance journeys as cheap as in other countries. Principal Railroad Systems of United States and Canada WITH A SYNOPSIS OF LAST ANNUAL REPORT OF INCOME AND EXPENDITURE AS SUBMITTED TO "THE WORLD ALMANAC" BY THE RAILROAD COMPANIES. Main Line, Boston, Mass., to Albany, Total net income. $4,928,016 $520,719 General Officers. President, E. P. Ripley, Chicago President, John R. Kenly; 1st ; 4th Vice-President, R. A. Brand: General Manager, W. N. Royall; Secretary, H. L. Borden, New York, General Offices, Wilmington, N. C.: New York Offices, 71, 407, and 1218 Broadway. President, Daniel Willard; 1st Vice- President, Percy R. Todd; General Vice-President, H.M. Biscoe. General Offices, Boston, Mass. 196 Principal Railroad Systems of United States & Canada. SYSTEMS, LOCATION, AND Boston and Maine Railroad. (New York, Massachusetts, shire, Maine, Quebec.] $9,303,467 1,516,009 Total net income. $10,819,476 Total payments... 12,864,218 $2,044,742 Deficit............. Net earnings..... Other income. Divisions, Mileage, and Operating Express. Main Lines (Boston to Portland, via General Officers. President, James H. Hustis; Vice- President, Wm. T. Noonan; Vice- [Manitoba, Saskatchewan, Alberta, Ontario, Min nesota. ] For year ending June 30, 1913. Total earnings.. $24,277,479 Total mileage, 4,670. Operating expenses 17,503,611 EXPRESS CO.-Canadian Northern. Net earnings. $6,773,868 Premium received. 250,000 Total net income.$7,023,868 Total payments.... 6,179,138 $844,730 Surplus........... For year ending June 30, 1914. $38,052,108 Atlantic Div., 771.6 m.; Eastern Div., Other income...... 31,353,442 Length of Main Line, Montreal to Total net income. 69,405,550 EXPRESS Co's-Dominion; Western. $12,408,134 Central of Georgia Ry. [Georgia, Alabama, and Tennessee. ] Surplus........ For year ending June 30, 1914. $14,326,575 Total earnings. Operating expenses. 10,785,764 Net earnings..... .$3,540,811 Other income...... 841,591 4,191,360 Total net income..$4.382.402 To al payments.... Surplus..... Central Railroad of New [New York, New Jersey. For year ending June 30, 1914. Columbus-Andalusia, 138 m. ; Griffin- New York to Scranton, 191.65 m.; President, Wm. Mackenzie, To- President, Thomas G. Shaughnessy; President, W. A. Winburn; VicePresident, A. R. Lawton; General Manager, T. S. Moise; Secre tary, Chas. F. Groves, General Offices, Savannah, Ga.; New York Offices, 501 Fifth Avenue and 291 Broadway. President and General Manager, .-com Central Vermont Ry. For year ending June 30, 1914. Operating expenses. 3,946,073 Divisions, Mileage, and Operating Total net income. $755,473 Total payments..... 1,014,730 $259,257 Deficit............. For year ending June 30, 1914. Exclusive of Chicago, St. Paul, Minn. and Omaha Ry. President, Hale Holden; Vice- H Chicago, Milwaukee & Puget Sound Ry. [South Dakota, North Dakota, Montana, Idaho, Washington.] Chicago, Milwaukee and St. Paul Railway. [Illinois, Wisconsin, Mich Chicago to Louisville, 325.3 m.; Monon to Indianapolis, 95.1 in.; Bloomfield Br., 40.3 m.; Michigan City) Div., 59.6 m.; Indianapolis & Louisville Ry. Br., 59.7 m.; French Lick Br., 17.7 m.; Indiana Stone R. R., 9.2 m. Total mileage, 616.9. General Officers. President, S. M. Felton; Vice-President, Jos. W. Blabon; Secre tary, J. F. Coykendall. Generai Offices, Chicago, Ill.; New York Offices, Wall Street, cor, Broad. President, H. R. Kurrie, Chicago, Ill.; Vice-Presidents, M. F. Plant, New York, and E. C. Field, Chicago, Ill.; General Superintendent, P. L. McManus, Lafayette, Ind.; Secretary, J. A. Hilton, New York. General Offices, Chicago, Ill.; New York Office, 71 Broadway. All of the railroad and property of the Chicago, Milwaukee and Puget Sound Railway Company was deeded to the Chicago, Milwaukee and St. Paul Railway Company, December 24, 1912. igan, Minnesota, Iowa, Lines in Illinois, 411.92 m.; in WisconMissouri, South Dakota, North Dakota, Montana, Idaho, Washington.] For year ending June 30, 1914. Total earnings.....$93,586,119 Operating expenses 62,873,007 $30,713,112 Net earnings. Other income... 3,475,100 Total net income. $34,188,212 Total payments.... 32,640,903 Surplus................. $1,547,309 Chicago, Rock Island and Pacific Railway. [Illinois, Iowa, Minnesota, South Dakota, Missouri, Nebraska, Kansas, Okiahoma, Colorado, Ten-" nessee, Arkansas, Louisiana, New Mexico.] For year ending June 30, 1914. Total earnings.....$65,388,333 Operating expenses 48,893,138 Net earnings. $16,495.195 1,753,198 Other income...... sin, 1,765,09 m.; in Iowa, 1,868.30 m.; in Minnesota, 1,238,60 m.; in North Dakota, 378.85 m.; in South Dakota, 1,795.54 m.; in Missouri, 140.27 m.; in Michigan, 167.04 m.; in Montana,] 818.04 m.; in Idaho, 197.31 m.; in Washington, 541.03 m.; branches, 461.46 m. Total mileage, 9, 783.45. EXPRESS CO. -Wells Fargo & Co. Chicago-Colorado Springs, 1,070.12 m.; Davenport - Terra!, 829.06 m.; Herington-Texhoma, 323.33 m.; Keokuk-Des Moines, 162.40 m.; Des Moines-Sibley, 176.35 m.; Burlington-Minneapolis, 365.62 m.; Vinton- Watertown, 375.97 m.; Mem phis- Texola, 649.49 m.; BiddleEunice, 330.08 m.; Kansas City-St. Louis, 298.50 m.; Bravo-Santa Rosa, 111.50 m.; Glenrio - Tucumeari, 41.46) m. Allerton Manly, 201.84 m.; McFarland Belleville, 103.19 m.; Altamont-North Topeka, 138.36 m.; other lines and branches,2,676.50 m. Total mileage, 7,854.67. $1,475,548 EXPRESS CO. -American. Total net income $18,248,393 Total payments.. 19.723.941 Deficit............ President, A. J. Earling, Chicago, Ill.; Vice-Presidents, Í. R. Williams, New York; E. W. McKenna, J. H. Hiland, E. S. Keeley, E. D.Sewall, D. L. Bush, Chicago, Ill.; H. B. Earling, Seattle, Wash.; C. B. Ferry; Secretary, E. W. Adams, Milwaukee, Wis.; Assistant Secretary, R. J. Marony, New York. General Offices, Chicago, Ill., and Milwau kee, Wis. New York Offices, 42, 381 and 1200 Broadway. President, H. U. Mudge; VicePresidents, J. E. Gorman, A. C. Ridgway, E. S. Moore; Vice-Pres ident and Secretary, George H. Crosby; General Managers, C. W. Jones Des Moines, Ia; A. E Swee, Topeka, Kan.; T. H. Beacom,t, El Reno, Okla. General Offices, Chicago, Ill.; New York Offices, 115 Broadway. Receivers, Judson Harmon and Rufus B. Smith. President, Daniel Willard, Baltimore, Md.: VicePresidents, George F. Randolph, Baltimore, Md.: G. M. Shriver and A. W. Thompson; Secretary, C. W. Woolford, Baltimore, Md.; Freight Traffic Manager, C. L Thomas; Gen'l Passenger Agent, W. B. Calloway; General Manager, J. M. Davis. General Offices, Cincinnati, Ohio. |