The Providence news. (Providence [R.I.]) 1891-1906, 1899-09-28
RAILROAD EARNINGS.


An Official statement has appeared OF
the railroad earnings OF Austria rail-
roads for the first six months OF 1899
showing the gross amount OF these TO
have Increased 3,67i000 forms as COM
pared with the first six months OF 1895,
the number of passengers carried nav
ing increased 100000 and the freight
carried having Increased 100000 tons.
These figures are regarded as or con-
siderable importance, showing an III
crease of L. per cent. I'm the NUMBER
OF passengers carried and of per cent.
in the amount OF freight handled In a
country i'm which the whole number OF
passengers carried in a year is IN ex-
cess of 100 600. 900 and the number or
tons OF freight carried i'm year is
somewhat below that figure. The AUS
trian railroads 0ncluding togethef
those Of Austria and Hungary)earn IN
wear $40 900. 900 approximately, ana tue
working expenses are S15.OOO,0OO, nSures
which seem of small Importance when
compared with those of the uniteu
states. the earnings of whose railroads
i'm 1895 were 81, $50 100000, with running
oxpenses of $500, ,000, 900. American rall-
,oads carried IN 1898 15,00000O passen-
GERS and moved 9l5,OOO,OOO tons OF
freight
I'M most countries the passer-
ger receipts are considerably lars-
~, th,n those coming from
freight traffic and the rates or passen-
Ger transportation is 50 high as TO yield
The railroads "A profit quite unknown ~
This country. where railroad charges
have been declining SO steadily
that i'm recent years they nave iallen
below the rates of steamboats, ana even
of canal boats. In Great Britain the TO-
tal amount of railroad receipts is Sieo
000 900 or about one-third of the total
of those of the United states. IoWard
this total. passenger earnings cohtflo-
ute $500 600 900 a year ana the lIclsht
and express earnings contribute S-ov,
600 600 The number OF pass myers tdi-
red on railroads OF GreaJ ID bigsa1a W. ono III -
wear amounts 10 nearly OO,OOO,OOO anu
fbouph increasing the increase is rela-
tiyelv small compared with passenger
receipts i'm the United states. seven
wears ago. I'm 1892. the number OF pas
sengers carried on the ralllOads Oh
Great Britain was 500, 100000. 1he pas
senger fraflic i'm the United Statcs -
leeg subiact 10 nuotuation than is
freight traffic. the latter being depend
ent chiefly upon the condition OF busi-
ness the price for cereals ana staples
and the size of the chief crops. Inc
figures for 1895 compared with those OF
the year preceding showed an increase
I'm passenger earnings on American rah-
roads of si9, 1000. 00O whereas the m
crease from freight earnings was SSS'-
600 600 and generally speaking, 70 per
cent. OF the earnings of American ran
roads are from passengers ana 40 per
cent from freight
French railroads carry $50, 0OO, 600 pas
sengers a year and about 10000 600 tons
of freight or approximately three pas
sengers for each ton OF freight carried
whereas in the tnited states the num-
her Of tons of freight carried is nearly
double the number of passen2e" trans
ported In Germany. where most or the
railroads are owned by the government
the number OF passengers carried IN
year is about $50 600. 900. and the earn
iaee-fraH- this source are about SlOO.--
600 600 a year. In respect TO rallroad
figures however England Is the only
country which can seriously be COM
pared with the United states.