The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1894-12-10
RAILROAD RECEIPTS.
The Interstate Commerce Com
mission Makes It's Report.
Five Hundred andESeventy OPP
Grating Roads Passed On.
NEARLY A BILLION.
Receipts We're S949.639,O75.
! Net Earnings $780, 1O,714.

WASHINGTON, Dec 1O-The inter
state commerce commission has just
issued preliminary report on the in
come and expe nditures of rai1wa vs.
IN the United States for the year
ending June 80, 1894. prepared by its
statistician
The report contains the returns
from $40 operating companies, whose
reports were fled on or before No
vember 20, 1921, and covers the oper-
alton of 139, 56921 miles of line, or
about IS per cent of the total oper-
ated mileage in the United States
The gross earnings from the opera
tion Of the 800 $50. 21 miles of line
represented were S949. $50, o75, Of
which $500 137.I42 we're from passen-
ger service, S617, 95s, 49s was from the
freight service. and So. 42O. 29s were
for earnings from operation, covering
receipts from telegraph, use of ears.
switching charges. etc.
The operating expenses were S343,-
42S, 33l leaving net earnings of $780,
210, ia Reduced to a mileage basis,
the earnings from passe niger service
we're s., O67 per mile of Ines from
freight service, $4,132; total gross
earnings, SO. $50; operating expenses
81, 800, and net earnings, s., O45.
A comparison of these items with
port Of the previous year shows a de-
crease per mile of line earnings from
passenger service Of SIS; in earnings
from freight service of STA; in total
gross earnings of $50: in operating
expenses of S574. and in net earnings
of $266.
Number Of passengers carried, 5O5.-
2S5, 446; passengers carried one mil e.
u, Sss. 926. 5TS; mum Der of tons carried.
ST.. $50, 942; tons carried one mile, TO-
426. pa. 965 In order to show the
volume of tariff for the railways these
figures should be increased fourteen
or fifteen per cent. To compare
the density of traffic with the
previous year these figures
are reduced to mileage
basis, which shows the mum Der of
passengers carried one mile, per mile
Of line, to be Sc. 253 as compared with
SO 500 in 1898 That there has been
an increase in passenger traffic. re-
gard ess OF the commercial depress-
ion, is due to the unusual amount of
travel in July. August. Septem Der
and OctO Der. 1898, on account Of the
worlds fair. The mum Der of tons
carried one mile, per mile Of line, was
40 SOB, as compared with 551. 232 for
1898. These figures show the de
crease in the volume of fret ght traf-
fl Occasioned by the de generalization
of business throughout the country.
The net earnings available for the
payment Of fixed charges and divi-
bends were $500. 21o. IA. as against
$3.50. 766, cor for the same roads for the
previous year, q decrease of S44, $685.
s62.
1t is probable that the increase in
net earnings of all the railroads will
exceed $50, 600 600 The dividends
paid were s62 AGA, 961 as compared
with S66 464, 1870 for 1898. After the
deduction Of the dividends. it is found
that all Of the groups except group
VI. and group x show a deficit, in
stead Of a surplus, from the operation
Of the year. the aggregate amount Of
such deficit being $2s. O32, 62l This
fact shows that a part of the divi-
dends were either paid out Of the ac-
cumulated surplus of past years. or
that their payment necessitated an
increase in the current indie btedness.
The report also shows the average
receipts per passenger mile and the
average receipts per ton per mile for
the year ending June 30, 1894, cover
ing the mileage represented. Re-
CARELESS of the decrease in traffic
there has been decline in rates dur
ing the year, the average receipts per
passe niger mile being /. 976 cents, as
compared with ?. IS cents in 1898, and
the average receipts per ton per mile
8. 66 cents. as compared with SIS
cents in Is %.