At the end of the fiscal year 1911 a report based on 31,188 financial and commercial companies and corporations, including banks, banking associations, trust companies, guaranty and surety companies, title insurance companies, building associations (if for profit), and insurance companies not specially exempt, showed that the amount of capital stock of these companies totaled $2,783,180,912.99; that the amount of bonded and other indebtedness was $549,928,546.23; and that the net income amounted to $440,528,501.28. For the same period the public service, such as railroads, steamboat, ferryboat and stageline companies, pipe-line, gas, and electriclight companies, transportation and storage companies, telegraph and telephone companies, basing the figures on the 24,694 reports received, had a capital stock of $19,329,023,135.35; an indebtedness, bonded and otherwise of $17,383,237,766.43; and a net income of $843,855,442.89. The third class, industrial and manufacturing, such as mining, lumber, and coke companies; rolling mills; foundry and machine shops: sawmills; flour, woolen, cotton, and other mills; manufacturers of cars, automobiles, elevators, agricultural implements, and all articles

manufactured wholly or in part from metal. wood, or other material; manufacturers or refiners of sugar, molasses, syrups, or other products; ice or refrigerating companies; slaughterhouse, tannery, packing, or canning companies, have a capital stock of $26,177,131.698.07; an indebtedness, bonded and otherwise amounting to $7,894,834,181.56; and a total income of $1,436,061,261.73. This report was based on the 89,114 returns received. The 58,233 reports received from the mercantile class, including all dealers (not otherwise classed as producers or manufacturers) in coal, lumber, grain, produce, and all goods, wares, and merchandise, show a capital stock of $3,361,390,780.38; indebtedness, bonded and otherwise, of $2,009,749,482.83; and a net income of $385,304,595.65. The last or miscellaneous class, such as architects, contractors, hotels, the theaters, or other companies or associations, not otherwise classed, had a capital stock of $6,235,703,992.25; an indebtedness, bonded and otherwise amounting to $2,877,586.031.79; and a net income of $254,500,841.10. This report was based on 66,973 returns received.

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