. Electric railway gazette . f the 60 companiesSeptember 30, 1893, was $35,883,575, an increaseof $3,393, over the previous year, resulting fromnew or additional issues of stock. The whole amount of cash dividends declaredand paid the last year was $1,710,, an aver-age of per cent, on the total amount of capi-tal stock outstanding at the end of the year, asagainst per cent, in 1893. Uomputed (as itshould be) on the mean amount of capital stockoutstanding at the beginning and end of the year,the average dividend the last year was percent., as agalcst per cent, in 1
. Electric railway gazette . f the 60 companiesSeptember 30, 1893, was $35,883,575, an increaseof $3,393, over the previous year, resulting fromnew or additional issues of stock. The whole amount of cash dividends declaredand paid the last year was $1,710,, an aver-age of per cent, on the total amount of capi-tal stock outstanding at the end of the year, asagainst per cent, in 1893. Uomputed (as itshould be) on the mean amount of capital stockoutstanding at the beginning and end of the year,the average dividend the last year was percent., as agalcst per cent, in 1893. One company paid last year 10 per cent.; one(the West End) paid 8 per cent, on preferredstock and 9 per cent, on common stock; four paid8 per cent.; four paid 7 per cent.; seven paid 6 percent ; one paid 5 per cent.; one paid H per cent.;one paid 4 per cent.; four paid 3 per cent.; onepaid li per cent.; and the remaining 35 com-panies, including new and old, declared and paidno dividends. The average rate on the capital. INTEEIOK TIBW OF NORRISTOWN BAILWAT POWER STATION. not in operation. The total length of street rail-ways on September 30 1893 (the end of the offi-cial .year), including double track, but not sidings,was 874 14 miles, an increase of miles overthe preceding year. Of this total, mileswere operated In whole or in part by electricpower, and 103 00 wholly by horse power. Thisshows, as compared with the previous year, an in-crease of miles equipped with electricpower, and a decrease of miles equipped forhorse power only. A table gives the number of street railway com-panies in the state, the total length of ,and the length of electric railway, in 1800, in 1870,in 1880 and in each year from 1885 to 1893 as fol-lows; Years. Number otcompanies. Totallength,Miles. Increase Miles, Length of electric. Miles, 1860 20 88,87 88,87 1870 23 139,44 50„57 1880 29 222,54 1885 31 43 1887 44 470,
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