The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-08-30
Of RAILROADS.
Earnings, Operating Expenses,
Number Of Passe mixers Carried

TIE tent statistical report Of tire inter
exsse commerce commission. vs. aiea is now
Is process u pgeparatlc1 in Washington.
III contain some vary valuable stst.sglss
soresrnsag tae railroads of The United
states, saeiDGing figures on their e2rniags
spd expense fs- the year sa4lrsg June 81.
~, sssefr nal.ease. number CT persons
xsryfea, equipment, etc. Advance sheets
r. lie report have been .e&siye5 By the
rns-Iaselllg eaees. from which the follow
- excerpts are taken:
Cross Earnings and Expenses
1be gross earnings 81 sbe railways OF
- United States s9T she year ending
1Hne o. isss. reported Tor az operated
maseage OF Is. "a -. were 81 Ia, .ns77a In
eenpasssoa with the preceding year snis
amount shGss 4 decrease in gross earn
fnss Of 81 %. sas. Tie sources Of income
ea1npFssed IA gross earnings from opera
fteus fer sne year were: Passenger rev.
- IS, Ias,s- Gscgsase as compared zTGth
fh< previous year. 81, izo. GU, mai 81 H.
~ iacfeaze Sl.5,A.So.. express x2s s1i $50,
tessxss 80. other earnings. passenger
sefytss $s.s-2,ssq. freight revenue s5.z ss9.-
"a da@rsass 81, 1857, other earnings
freight service t.-sss So. increase So. 20
ether earnings from Operation. Including Ii
axAiI amount 0s 8ne4aszifi4d items IS
&e5S TAu expenses ek the operation OF
Yai.Hays for tie fiscal year covered by
lie report We're s931 "a. sSA. The amount
4 ~ 4ss - smaller talan tha corresponding
asnoaRy for the year ending June 81. 1885,,
shs oyeratsd mileage tor that yaar being
Il. 81 81 nlilea-
The operating expenses of isa1 were dis
frspatsc as follows. Maintenance of way
and structures. si@ isi. s13. deerease az
compared with t2e preceding ysaF. y9sa.541.
maintenance O. equipment, sl22 -. IS de-
crease. slo.bis.sia: conducting traaas-orta-
sloE az. 49, So, decrease. 1851, 10: general
sxpenses 30. ISL .2sa, increase. So, ss4 Gross
earnings pef NILE Of line operated aver
aged si--, Operating expenses. AiN.
TnsSe amounts are, respectively. siss and
So. iess than the averages FOR lssa. 4 cou-
paTatiye summary appears in tie report
which gives an ana ys.s OF the Operating
expenses " the railways IN tie United
States Tor the years 1870 70 1871, following
the prescribed Classification or operating
expense. which embraces fifty -taree items.
The Net Earnings.
TIE income from operation, that Is. the
smount o. sross earnings remaining a1teg
sss deduction OF operating expenses. COM
monty termed net earnings. Was ssba. So5, 0e9.
Ta.s amount Is s!.si5,5-3 less than the eur
ysspoilding item for tbs previous year.
Vie income from other sources, mainly
derived from leases and investments ia
krSF
added TO tie income from operation. sha9S
tina. the total Income OF the railways as a
sxao.e vas $4ts .ba5.ois The corresponding
/ amount ior the year ending June ~, 1885.
1 was s59s rs, o.. The total DEDUCTIONS from
/ Income we're SaI3, 3a1.ai3. Taking this amount
:. from total income leaves Ssi.-3s.s0b Ghe
4 ret Income for the gear available for d.Ti-
& 6eBes or Increase " surplus, The iosa.
smagnt Of dividends declared, including
SsNo other payments from net income,
& was ISL. ss9. The result being defieit
<<ls<4
An analysis or the total 1educti9ns from
income stated above. sil3.2s7 ,5i3 Shows the
following cassiiications Salaries and
maintenance OF organization. SsN. SIS. inter
Ell Oh funded debt. Sais $50 go. interest On
intsrest-heariog current liabilities s,,sii.-
~ rents paid fer leass OF road. asS9@,
nsss, *s%iS. .Ssi: permanent IN ptoF meats.
tAs4isis. other deductions s1i,sss.2sst These
figures should he understood IS covering
ZINES operated under lease or other agree
Eent we'll as operating companies.
Capital Invested
Or June 81. 1850, the amount Of railway
capital outstanding was $l9,sSs 0os.0,i.
which, assigned or a mileage basis. shows
capital OF ss9,o2J peg mile of lire The
amount of capital stock WAS 5,5e4t i2 2255.
cs wAich 81 &. eos s., MAS common stock.
ana s52 .59..A@ preferred stock. The amount
q funded dcGt vas $a.zao SO sls. The cids-
flaea;ion IT fnnded debt shows that it
consists of mortgage bonds. 5a9.3ii.sa3,
Es ,el,aueo8s on cations. x;20, slS&N3i In
sone bonds $3.50 >s3 iCt aa.si equipment
trust obligations. So >NS. s61. Th@ amount
st capital stock paying n0 dividend Was
s. isl,fs&.@.,, or 2 ~ per cert. o. the total
snlount outstanding. J BE amount If fund
Ell deDt, excluding equipment trust 0tliga-
tons. which paid 30 interest was SSs1 So
~ az the stock paying dividends 5.S1
Pr cert. ~ the total stock outstanding
paid frcs5 | - per cent. s.a@ per cent
.east4neng p4id trefu % pcf cent. $50
ber cent. outstanding from 20 reF cent.
aas ,eE cent outstanding from to qDF
gent, ana AZ per Gent. outstanding from
To per cent The sotal amount of dsvs-
cSnds waz Ns.lle 81. wh.ch would b* pro
dnesd by an average rste 81 - per cent.
On TIE sn1uuag - stock 90 which some
dividend Mss declared The amount II
aiarsgaEc bonds paving H., interest wsS
tiep-4F.sAat, ar Is S. per 1-gsi.. of Fnis,eI}4-
asous ot.sR tlonS. tE..Ss5 s,H, cr -. Jag
Gent. and iicpnIe bonds. $-}sf+8%s-. "r
e. rer cent; The aneslu' cg cur:eni Ia
sliitle% outstanding GA Jane ~ 1886, was
t's-eli-ta.3, or =. 10 ger n2lle II line.
ruhsie Service.
The namher of passengers carried during
tie yeas ending jane "a ISL. was ~ iis,-
Is thefs beus q decrease ~ = gzt.sss n
5 essisg'afad wlfh the Se8r eudng Jane ~
Ase The Number ~ Pass nger= carried
we udie }FaEg t0h yrAr N&a T. s# 80 So.
nSeFeaSe OF ~ r., sS8 .t.sE shown ia ta3s
ZEN Is rca'4 arsa Nth iSA TIE number
u tssss as,ef.s caFT5e2 oCe Hat EseF lat.o
" i'he~tsAz g. is}e average tD4scat{0G tite
ses<s'} ~ passenger ;Saf-fc 4ff}ag tas
escsease az NJ la ms :teas h,tuw Shown.
sae H3ucsr ~ tons az n t.s cafe5a .Ifst-
- he Nf4r Nas IA ts ash w}sch }s 81
SO rs 'asn ger ls%1 The number OF
yes - fteishs carried offe ts-1a Mss .,-
49, 3b.s 3rrm aN@, Ns> 'es~s tAan
~ rs, lie ls-,ra .stlag 'sa 80 ,tt AZ
- Sa@ case ~ So sses3%sr traffic. tHy density
., sf.ight tTsf-.c ley shown - 1he usgfeheT
RS r. .r Z ia