The record-union., 1896-01-09
STATISTICS OF RAILWAYS.
Miles of Railroads Built During the
Past Year.
Immense sums of Money Invested In
the Operation of Railroads
in This Country.

The ninth annual report of the United
States Interstate Commerce Commis-
sion includes statistics of railways in
the United States for the year ending
June 30, 1894. On that date there were
| 11S, 708.55 miles of line, an increase
during the year of 2,247.4S miles
There were 1924 separate corporations,
an increase of "a over the previous year.
OF these. 945 maintained operating ac-
counts, 800 were subsidiary companies,
9S were private roads and 76 were not
operated during the year. The move
ment toward consolidation on the base
of mileage involved was greater than in
the preceding year; 15 roads, represent
ing 1,734.64 miles, were merged; p
roads, representing 2,351 90 miles, were
lreorganized, and Il roads, representing
/, 1,590.34 miles, We're consolidated. The
number of roads having an operated
mileage of 1000 miles or over was H.
and these roads operated $3.50 per cent
of the total railways. The capitaliZa-
tion of roads filing reports was S10,-
T96, ,473, S13, or $62951 per mile. The
number of passengers carried was 540,
6SS, 1919, and the number of tons of
freight moved was 638, 1856, ,553; both
these items show a decrease as COM
pared with the previous year. Gross
earnings were 81, ,073, ,361, 797, decrease
OF 1907 per cent. Operating expenses
were $731, ,414, ,322, a decrease of 11.66
per cent. Net earnings were S341, ,947, :
475, a decrease of $50, 1888, 100 from the
previous year. Income from other
sources was $40, ,816,S05, which added
to net earnings, made the amount avail
able for fixed charges and dividends,
/ S4S4, ,764, $50 Fixed charges were
$429, ,00S, 80, dividends, 500, ,515, ,226, and
other payments $6,092 OBS; leaving a
deficit from the operations of the year
of $40, ,S51 ,294 as compared with sur
plus of So, III, ,745 in the previous year.
The number of employees was 779,608, a
| decrease of 1884. The number of en-
ployes killed was 1923, and the number
| injured was %, 422, a marked decrease
in casualty as compared with previous
years. The number of passengers killed
was 324, an increase of %, and the num-
Der injured was 1904, decrease of 1876.
A preliminary income account for the
year ending June 80, 1895, including the
returns from $50 roads, and covering
the operations of 164, ,529.38 miles Of
line, is also included in the report. The
gross earnings of these roads for this
period were 81, ,003, ,022, 1858, or $6,096 per
mile, a decrease of S13 per mile, operat-
ing expenses were $677, ,667, ,635, or $4,-
119 per mile, decrease of $44 per mile.
and net earnings were 1926, 1855, ,21S as
compared with net earnings of $320.-
81 go for the same roads in the previ-
Gus year, an increase of $31 per mile.
Passenger receipts fell off SIT per mile,
while freight receipts show a gain of
| $40 per mile Total net earnings and
income, including income from other
sources, were 1858, S,412, ,461. Fixed
charges and other deductions were
| 1886 351, ,946 and dividends were S53,-
135, $40, leaving a deficit from the oper-
ations of the year of $31 .075,0 ,030. The
amount of dividends paid by the same
roads in the previous year was $751;
| 504, 7S5. Remissness on the part of the
railways in filing their reports con-
tinues to cause serious delay in the
compilation of these statistics.