Our country and its resources; . tates, but thosefor twenty of the great roads, show- STOCK HOLDERS IN TWENTY PRINCIPAL AMERICAN RAILWAYS, 1904 TO 1915 Name of Company% Pennsj l\ ania R. R Atchison, Topeka & Santa Pe New York Central and Hudson River. . New York, New 11 a \ rii & Hurt ford I fnion Pacific (treal Norl hern soui hern Pacific Northern Pacific Chicago, Milwaukee? & St. Paul Baltimore <\: hio Illinois < entral Erie (hicano & North-Western Host on & Maine Norfolk & \\ estern Delaware & Hudson Denver & Rio < Irandc M issouri Pacific Chesapeake & hio Louis\ ille & Nashville T
Our country and its resources; . tates, but thosefor twenty of the great roads, show- STOCK HOLDERS IN TWENTY PRINCIPAL AMERICAN RAILWAYS, 1904 TO 1915 Name of Company% Pennsj l\ ania R. R Atchison, Topeka & Santa Pe New York Central and Hudson River. . New York, New 11 a \ rii & Hurt ford I fnion Pacific (treal Norl hern soui hern Pacific Northern Pacific Chicago, Milwaukee? & St. Paul Baltimore <\: hio Illinois < entral Erie (hicano & North-Western Host on & Maine Norfolk & \\ estern Delaware & Hudson Denver & Rio < Irandc M issouri Pacific Chesapeake & hio Louis\ ille & Nashville Total increase since 1904, per cenl Share holders 1904 1915 44,175 93,332 17,823 11,781 10,842 26,589 (1 30,970 383 22,103 2,424 32,143 368 20,413 5,832 19,230 7,132 36,568 9,123 10,963 4,309 5,868 4,109 10,394 7,402 8,076 2,911 8,815 3,819 2,910 4,618 1,861 1,478 6,604 1,672 1,703 154,610 423,682 UAILUOADS OF THE UNITED STATES 151. A POWDERED COAL BURNING LOCOMOTIVE ing the increase from 1904 to 1915,are given on page 150. Figures for railway bond holdersare not obtainable, although theComptroller of the Currency report-ed in 1913 that more than elevenhundred millions of stocks and bondstogether were held by savings banks,State banks, private banks and loanand trust companies as assets. INCOME AND EXPENDITURE Railroad bookkeeping is so intri-cate a subject and railroad financingis so involved a matter, requiringexperts who spend years in the workfor its thorough comprehension, thatonly general figures can be gone intohere. The Bureau of Railway Econ-omics summarizes the income ac-count as on page 152, including onlyClass I. roads. MISCELLANEOUS FINANCIAL The railroads of the United Statespay a generous proportion of the na- tions taxes. The official figures for1914 show that the huge sum of$1^0,531,575 was turned into thevarious treasuries from all the rail-roads, a percentage of of theearnings. The taxes a
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