Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1894-07-12

seas, 49,, 100, and equipment-trust obligations,
So, 699, 2S2. The amount of investment in the
railway securities has increased during the
year from si.391, 457 053 to Sl563, 022, 233 being
an increase of $17l ,565, $50.
The amount of stock paying no dividends dur
ing the year was 1859 1884, 72, being 61.24 per
cent of total stock outstanding. OF stocks pay
ing dividends 5.25 per cent of the aggregate stock
paid from to 5per cent 11.62 per cent paid
from to 6per cent, 5.24 per cent paid from to
per cent, and $50 per cent paid from to per
cent The total dividends paid was 500, 1923 1885,
The amount of Mortgage bonds paying no inter-
est was S492, 1865 10 80 per cent of the total
Of mortgage bonds, and the amount of income
bonds paying no interest was S204 1854 1863, or
$3.50 per cent of the total of income bonds.
PUBLIC SERVICE.
The total number of passengers carried dur
Ing the year ending June 80, $685. was 563, s12
Passenger mileage during the same year was
IA 229, 10l ,OS4 The average journey per passen-
ger was 1897 miles. The number of tons of
freight reported by the railways for the year
was 745, lis, 49, Ton mileage was 935SS, Ill $685.
The average number OF tons in a train was
1887, and the average haul per ton for the en-
tire country was 1850 miles. Passenger train
mileage was 35,6lS,77O, and freight train mile
50S, 7l9,5O6.
,..- EARNINGS AND EXPENSES.
The gross earnings from operations on the
railways of the United States for the year end
ing June 80, 1893, ST. go 75l 1874, being an in
crease of S40, ,531 over gross earnings re-
ported in the previous year. Operating ex-
penses during the year were 1922, 1921 200, being
an increase of S46,923,3O3 over the previous year.
The income from investments reported by the
railways was S140, $40 ,615, while deductions on
account of fixed charges and other analogous
items were $431, 422, l56. The final net income
available for dividends was Sill .O5S 1884, being
sum less than the corresponding amount for the
previous year OF $4,907,157. After deductng
this amount from the dividends paid, the in
come account of railways in the United States
for the year 1893 shows surplus of SS,116,745,
which is less than the surplus of the previous
pear by S5,9i9,3l1. The complete report shows
u full income account for each of the ten terri
torial groups into which the country is divided.
The gross amount received from carrying pas
sengers was 500, 49l, SI6; from carrying the mail,
S2s, AS $685. and from carrying express matter,
$23, s3l 1904. The gross amount received for car
rying freight was $S29,O53,s6l. The passenger
ings from operation, and the freight service for
6S.23 per cent OF such earnings.
RAILWAY ACCIDENTS.
The number of railway employees killed dur
ing the year was 2,727, being greater by 173 than
those killed during the previous year. The
number of employees injured was 81 100, being
greater by 3,462 than the number injured the
rreuious year. The number of passengers
killed during the year was 299, being less by II
than the number killed the previous year, and
the number injured was 1920, being in excess
of the number injured the previous year. OF the
total number of deaths to employees on account
of railway accidents, 433 were due to coupling
and uncoupling cars, GA to falling from trains
and engines, 70 to overhead distractions, 247 to
collisions, and 1853 to derailments, the remainder
being due to causes not so clearly defined. An
assignment of casualties to the opportunity Of
fered for accidents shows one employe to have
been killed for every 800 men employed, and
one to have been injured for every twenty-eight
men employed. The most dangerous service is
that OF trainmen, and for these the statistics
show one emplOye to have been killed for every
lis trainmen, and one employe to have been in
jured for every 10 engaged in this service. A
similar comparison shows passenger to have
been killed for each 1885, 143 passengers carried,
or for each 47,5sS,9S6 passenger miles accom-
plished, and passenger injured for each 1884,
s22 passengers carried or for each 4,4O6,659 pas
senger miles accomplished. An assignment of
accident statistics to the territorial groups shows
great diversity In the relative safety of travel
and railway employment in the various sections
OF the country.
CONCLUSION.
Mention Is made in the report of an impor-
tant step toward the realization of uniformity
in railway accounts in that the commission has,
with the assistance of the Association of Ameri-
can Railway Accounting Officers, revised the
classification for operating expenses. 1t is safe
to say that within few years there will be prac-
tical uniformity in the bookkeeping of rail
ways so far as operating expenses are concerned.
Another subject of interest touched upon in
the report Is the necessity of compiling freight
statistics more fully than at present is the case.
1t is probable that something akin to a clearing
house of freight statistics will become necessity
in the near future.