| Show n X SS J Results Res ts pc Census s s Made ent J Bureau uit COMPANIES HAVE INCREASED S Interesting Data 1 ns as to Mileage cJ Sal s I hl t to u I Companies 1 Etc Special to lo the News Washington D C Dec D c 2 The bu 10 bureau teat reau of ot t the th census has Im l just issued u a u tho results result of tho Iho second I census of ot O tho tho express business rho presented cover coer tho iho fiscal hiscal fiscalE E Juno 3 j J 07 except In Iii the tile caso of ot ot a i tow e reports which cover covel tho the cal cah calendar wc u i year ar and ond relate to fo those ex express press companies com which forward freight anil jad li valuables over some orne steam elec electric tie t ic water or stage line hue and which do 10 business In moio molO than ono one on town A brief revlow rC ow ot ol the history of o the tho ox ex express press business in lii this country coun is IH fol followed oI 01 lowed by b a statement of the tho principal functions i o of i tho ho companies and the thc usual form feral of or their contracts with Ith car eal DEVELOPMENT SINCE 1890 18 0 In Ji 1807 1007 there thero welo 31 at express I coin panics as ns compared with IS 18 In 1890 Only 10 of ot the tue companies reporting ii III were w lo in existence under the Ihie name In 1907 1007 the tho remaining S com pan panl l slavo gone gOlie out ot of business boot absorbed by by b other companies or 01 an ntO operating ci under other othol names vrho The total express has in increased Increased Increased creased from mlle miles l to 1 a aln of o Ier or cent ii In iii 1 operated d over railroads tail roads am aini that tl tt operated over ovel water vater lines show hiow large lIu So grains giaR tho thi former formel having In Increased creased from to Tr n n per por cent and anti the thEt latter hitter from fromi it om to or 63 per l F cent A large part pait nf of the gain In steamboat Ite mileage Is attributable to the extension of tho the express business Into Alaska The fhe company fly operating In Iii Alaska and between Alaska and ancl Seattle Seattie le Ic to lo segregate Its Us coastwise from from the ocean mileage op cra d Ocean mileage Is not Included In Ii the reports of nC tho tio oilier companies There Thele has ben lieu a It d from rota toI to tu I J the mileage 1 operated over OCI stage j I lines s due duo 16 to t the abandonment of ot such I I lIri i tho construction of railroads In jn territory t r accessible only by stage stig I 1 per cent coat of the Ito total mlle mile mileage age ago In itt 1 1907 Is operated over o VOl steam rail mil railroad 1 road mad 75 over steamboat lines nine nino jI tenths 1 of orl 1 per p r ont cent over ocr electric roads j and ROLl of J I per pel cent over IVI stage lines hues Fourteen companies report the theIs Is pf Of electric roads rol ds for fol express S trans trails transportation and of ot e 5 fi 5 operating oper tl 11 miles milos use me such roads exclusively THE LEADING G COMPANIES I In lii 1907 as In 1890 the tun express opre s business s B dominated by b the following six I companies Adams American Pacific Southern 11 United 11 States and dicI Wells Walls Fargo F Co The Tho leads amount of or mileage operated with the to American Express company a second f These hebo six nix Ix ler companies com 11 II I 1 s operated op rated per cent of the he total mile bib mileage age no In O and all 1 87 per cent In 1907 JO Tho decrease In tile the percentage Is ls ac tic accounted accounted 11 counted for fm by I the Increase In III Ute tile aunt num number ber lIlI and consequently in lii tho Iho mileage of ot mailer companies tad and 1111 1 departments ot or railroads and situ by b the tho Inclusion h at lit tho tim present census of ot mileage operated in Alaska and und Porto Porta RIco territories which have been opened to Ito Uio express ss business since 1890 DISTRIBUTION OF THE rHE MILEAGE Til Tn tho the number another of miles covered by h express x ress companies Texas Texus ranks first among the Ito st t s und territories fol followed lowed In the order oruel named by b Illinois Iowa Ohio Pennsylvania Now Ni N o York 1011 and Kansas The Tho use of steamboat lines Is most extensive In Alaska where 1 water ater routes furnish practically tho the on only onI only ly I facilities for transportation In lii Maine Now New York Washington and anCi Michigan tho thi steamboat mileage is al ni also nisei cir r so sei large lar e Electric roads are arc used used by bytho bytho byi i tho the express companies In only 20 O states pet per cent c nt of the total nub mlle I go by iy electric roads Is In Ohio Now 11 California In only 15 states f aro tire stage lines still used by express ss 45 companies and 87 per cent cont of the tue such lines Is la in tho the western states principally California and Novada No Ne Nevada Novada vada or tho 34 companies operating In 1907 li L 39 jO operated In only of tho the ro re l 1 9 0 operated in mote more titan than thanS 5 S 5 1 plates states and only tho tim 6 G leading com coin than 10 E r WAGES Among th companies reporting in Ins 1907 7 il i of railways rt oper opel operating s aUng miles l lles could not blot segregate for and wages from the thi th general accounts It l of Qt tho ho railroad 3 The Tho 27 I companies reported 8 the th rs and tind nd with their t I I I tit lOIl general officers with salaries of 2 other uth officers general clerks 2 76 local agents J clerks drivers anti 11 de do livery uncut men other othel local and und mes gel helpers helper and guards The total number of e in III 1907 was or ai i per pel greater In 1810 toil and tho the total wages 01 or salaries paid or 1441 1141 per 1101 ie cent el Cr Tho llio important Items of ot equipment re to reported ported by express companies ate are aI horses wagons and office fixtures Cats Cars num noun boring bering were reported by b two com coat companies companies Such cars aw as are UIO owned by b ex ox express press pres companies aro itiC usually purchased for Cor a particular purpose el such as the thu th transportation of perishable commodities commo ties tI s The fact that of the tim 2311 9 automo automobiles biles reported at itt the present census Ot belonged to a Il single Hingle company shows hoWl that the tho use UHe of ot such machines In Jut the tho th collection und tutu all delivery of or wai WIB far fIl from general among the Ito th i large companies The Tho Issuing of financial paper was as L comparatively now tlC ne extension of the ex cx express express press business In 1890 At that tIt tim there thore wore ere six Ix companies issuing mom orders or ers us ins compared with 13 In Itt 1907 1007 1 07 Th Tho number of ot money mone orders Issued has hn In lit Increased doused creased from to io GO a gal gait galot ot of 2018 rice per cent cen t In Jut addition to tho tue money motley orders Is Issued If sued sited sll d in itt 1907 which had lied a L total volta volu J Jor Of or if express companies com panics Issuer 70 travelers rs cheques and aud letters o if i credit of a I value of if rue Tho to total total tal value of financial paper Issued b br express companies H Is IH 2 2111 per pel cent ot of the lie value of domestic and am international Itt money orders r r Issued bj hy hythe the tim United States depart ment Tho rho value of all kinds of ot paper reported Ottel by b thu t to American America A Express company was o in 11 nearl half of ot tho ho total for f I all com Coat companies panics RECEIPTS AND EXPENDITURES Of Or the tho SI hi 1 express companies represented at LI the tho census of 0 1907 1 07 Iti lii art aro corporations 12 1 tire are departments 01 ot tf railways four are aro unincorporated as uric one is owned by hy a ui ship lint and nd ono by an individual Capital stuck tock Was al reported re by 12 1 o othe of tho the incorporated companies and 1111 1 share of Interest were reported by b one In Incorporated company compan and aile by the tim four feat unincorporated associations s On tin the basis of f a IL I nominal par Jar value of for foi tho ha shares of Interest tho the combined capitalization lout is Tho fhe total receipts of ot all the ito express I companies amount to 1 01 ot o which 97 OJ per 1101 itc cent Is receipts from oper operation operation alien and 3 11 per halt cent ecot receipts from sources Over Ovel 90 00 pet per cent of the total tola receipts represents the tho receipts of th tin six leading l companies The rho thou of the lie total business s transacted by bj thosa remains about tin tho same Sante saine although tho the total number o ot 01 companies in III the express business ant and and tho ho total volume pf of of business have about aboul doubled dotu bled Thu two important Items of nS Iti In ui the tile express business are uro tim the amounts paid p hl to steam roads ma s and the salaries salaried and wages which In 1907 were cro and respectively and to together gether constituted as in 1800 over SO SOper per pel cent of the tho ho reported operating cx ex expenses pensos ASSETS ASS rS AND LIABILITIES Information sufficient to construct a rl could bo be secured from only 20 companies The six leading companies reported mote moro than 90 00 per pet cent ent of or the assets asseLs and antI of ot tho the reporting companies 91 There are some striking differences in the tho character of at the assets and liabilities liabilIties of tho the two classes of companies Stocks and bonds of ot other express com corn companies and other othel permanent Invest Investments ments largely tho the stocks and nn bonds bontI of railroads over Ocr which the tho express com coun companies operated form oral Cl 11 per cent cont ot of the tho assets of ot the six largest companies and 14 per peu cent of ot the 1119 th assists assets of tho the theother other companies whereas wh reas franchises and uld privileges gis constitute 7 per pcr cent of ofIa tho Ia assets asset of tho six ix leading leadin compan companies los ies utah and 72 per ici cent of ot tho the assets of ot other companies In respect to liabilities liabilities ties capital stock forms fornis 58 per pel cent cont contIn in tho the case of the six Ix largest large t com coat companies companies panIcs as liS contrasted with per percent percent cent in iii the time case of ot the tho smaller whereas profit and loss los surplus forms feting per pel cent ClIt of the tIme liabilities of ot the tho six lx largest companies and only 37 per percent percent cent of the liabilities of or tho the smaller companies These differences would woul Indicate that tho the smaller companies use aro conducting a n simple express bus business Ines iness paying over oel tho the prom profits l to tho ho shareholders soon scott after aftem they arc earn esra earned carnell ed ell The larger companies on en the time other hand arc aro apparently entering moro more or 01 less lc H Into a it busi bud business business ness hess retaining a considerable con surplus out of o time the profits pro Ills and anti Investing it In Inthe Inthe the tho stocks and bonds bon s of railways s and of other el express ss companies companie RELATIONS WITH TIll TilE RAILROADS RAIL ROADS nODS That tho thuc relationship of ot the tim express companies con with each cad other und and tho the thor theu railways r u y is cloO Is Indicated by b tho the I fact that unit on Juno June 30 1906 1006 railway companies nies held heW of express company stock and express compan le hold held 0 of railway stock stoel and of railway bonds ami of of other express companies The contract a railroad and an till express company usually provides company compan shall not hit the express make a rate rato tower lower than per pel cent of r f the tho th freight rate lIHt on out the tho th sauna flame ar let article lettl tl t ic lc Of course railway reedy receiving ing an till agreed percentage of th total I earnings of 01 express companies profits h buy liy high express rates which more moreover orl over Insure tho thit railway freight business busi hugl business ness freedom from in a IL possible com coin competitor petit or OF RATES To Iu l determine tho the charge chargo on out a ship shipment ment of merchandise a graduated ll scale c te le is employed etl which applies to 0 matter weighing less ics than pounds when tho ho rato rate Is under l 2 per pOI lUO 1110 sounds pounds and to matter weighing less leHs nan Linen 30 0 pounds IJ when then time the rate rata is hi Isor S Sor or jr or more m ie per I 00 pounds the tho or any itty n shipment ex cx eXceed additional charge cl argo is o eods 50 an nude nado on the tho th declared value valne Next In n Importance hr i to t the th graduated scale scalo scales Is s what are arc general s special r t I which cover y r of mil such as butter buttee meat me i vegetables etc ete and are arc J w r than the rates oh on on merchandise 1 ler I ier I IOU pounds p The prIce ina iii ri given the tue case aso Is found by multiplying I by b thera with a 1 35 cd td d n charge usually j fer er po The Timo charges Ch gs on 9 cl rot y ft c by b means of rr 1 tables In as La a tho charges on Ott freight shipments J |
