New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-12
,engers one mile and 2,a2o,e3o tons Of freight on.

passengers one mile and 1920 500 tons Of freight ons
mile.
The total capitalization OF the railways Of ths
United states Is 80 o., f7j.Ol5. $GO,9l2 per mile
Of line. This shows an Increase In outstanding cap
Ial OF Sc02 per mile OF line compared with last
years report. An analysis Of the changes in capital
outstanding shows that income bonds have ncrcased
from 81" .o33, SIS 70 1914 ,3sSc00. considerably
portion Of this increase is probably due TO a con-
version OF stocks into income bonds. The gross
earnings from operation during tho year were Sl006
71l 1916, or SG,sOl per mile OF line Op7r.tins ex
pcnses were S73l, 557 SOB, or S4535 per mile Of
line. leaving net income from operation Of 1884,.
S73,5O2, S2,263 per mile OF line. The net income
per mile Of line was less than the net Income u
the previous year by s37. An analysis OF srOs,
income shows that freight traffic gave rise to $780,
7o3 800 or G717 per cent Of the total earnings and
that passenger traffic gave rise 10 S2o1 1880, or
o5e4 per cent Of the total earnings The amount
received from carrying mail was s2is1O.Ol5 and the
amount received as rentals from express companies
was 81 5g4 ,340. The analysis further shows that
$l33.Vll 1926 were received by railways rs income
from investments. The assignment Of operating ex-
he passenger service, and 6592 per cent to tho
freight service The percentage OF Operating eN
pcnSes TO operating Income was 06.,3 per cent
The number OF passengers carried during the year
was j31, l93.069, the number carried one nle was
10 s44 243 ssh The number Of tons OF freight car
ried was 81 ; sos Bob the number OF tons carried ora
mile was 81 O73 "a 12l. The total number Of miles sa
trains was 800 ~. J-7 tui ul' uhHlu'r
OF miles run By freight trains was i4O.iio07. Ie
average tourney per passenger was .Al7 miles, ana
the average haul per ton OF freight was 10 mles
The average revenue per passenger per mile IN lsol
was o.112 cents. and the average revenue per On
per mile 800 cent. 49,. -, .
In narrating the statistics Of accd"nis the report
confines us drearv tale ~ numbers ked ana nun.
hers injured and shows that casualties duiIhs .ne
vea- ending June 30 are greater thah ~ any
nreytous year covered by reports 10 me coihlhsD.
Tho number killed during the year was ''V-o aAu 10
ni,mber injured was 80. a. OF these to'ah, we
number OF emlioyes killed was 1850 ana the hume".
Injured was 26l4O. Tie number Of PASSENGERS hiId
vas oo3 and the number injured 3.9i@ Ihis rr,re
smnbnsizes more strongly than previous reQoNs V1c
Necessity q, legislation compelling railways 10 ecope
ratn brakes and automatic cOuplers. ana also suggs
that some steps be taken besides the adopnon o. us
train brake to prevent the frequency OF cSNslus
t,om falling from trains and engines ne Iaree
number killed and injured from coiFSoDs aiso pruss
nromInertlv into notice the necessity Ol some ~.
tnna,va use OF the block system IN ne hahHIe ~
trains and a more perfect application On ne princps
~ personal responsibility In the case o! accrs,
u The renort closes with Recommendation IV' oo.A
ouondments 10 the Interstate Commerce act wmcn
- e asserted are necessary 20 render inc
No business Of transportation complete anu sa.'s
.nrr II &c recommended that express c"hpani's ~
ofer carriers engaged in interstate comheioe maTs
nnor+s 10 the Commission similar 10 uio9e ~" 49,
~ roiiyrays and that persons companies OF 1870
gonr owning rolling stock used IN intels'a,e usN
,a1,, pe obliged TO make annual rep9rls 80 l"
v Ia necessary for complete statement Oh le AA
&c rolIinC stock used By railways.