The record-union., 1899-07-22

expenses, SIG, ,476.6S6;s decrease, S4,5S3
The gross earnings averaged $6,755 per
mile of line, and operating expenses
$4. 43O per mile of line. These amounts
are, respectively. $633 and 1924 great
er than the corresponding figures for
1897. The report contains a further
analysis of the operating expenses of
,, railways in the United States for the
years 1895 to 1898. in accordance with
the 53 accounts embraced in the pre-
scribed classification of these expenses.
The income from operation, that is.
the amount of gross earnings remaining
after the deduction Of operating ex-
pensey, commonly termed net earnings,
was $429, ,352, ,345. This amount is $780,
787 1856 greater than it was for the
preceding year ending June 80, 1897.
The amount of income from other
sources was $13S, ,2O2,779. The follow
| ing items are embraced in this amount:
Income from lease of road, 500, All ,67S;
dividends on stocks owned, S15614,- :
63S; interest on bonds owned, So 529, >
343, and miscellaneous income, $16,-
5S7, ,120. The total income of the rail-
ways, $567, 800, ,124, that is, the income
from operation and income from other
sources, is the item from which fixed
charges and other analogous items are
to be deducted before reaching the
amount available for dividends TAX
| ing from this amount the total deduc-
tions from income, $427, ,235, ,7O3, leaves
$40, ,319, ,421 as the net income for the
year available for dividends or sur
plus.
The total amount Of dividends de-
clared during the year, including $751;
975, other payments from net income
was $96, ,24O,S64. 1t therefore appears
that the surplus from the operations
of the year was $44 ,O7S, ,557. An analy-
sis Of the total deductions from in
come, $427, ,235, 703. mentioned above,
shows that they were composed of the
following items: Salaries and mainten-
ance Of organization, $443, 1876; interest
accrued on funded debt, S246, 126, ,691; !;
interest on interest-bearing current liza
bilities, 81 ,O13,953 rents paid for lease
of road, S92, ,391 ,0OS taxes, $43, ,S2S, 224:
permanent improvements charged to
income account, $6,S47, ,9O5, and other
deductions, $50, ,597. ..4.
| The railway companies make annual
reports to the commission of two kinds
| These are designated, respectively, as
operating reports and financial reports.
The former are filed by such companies
as maintain full operating accounts and
the latter by such companies as have
leased their property to others for
operation, their own income, aside
from investments. being the annual
| fixed or contingent rental paid by their
lessees. 1t follows that certain items
| of income and expenditure must be
duplicated in comprehensive statements
! like the foregoing, which are compiled
| from railway reports of both classes
These conditions seem fully explained
by the statistician, who inserts also in
his report statement which consti-
tutes an income account of the rail-
ways of the United States as if they
were represented by a single, simply
organized corporation, the duplication
of items of income and expenditure due
to intercorporate contractual relations
being eliminated therefrom.
| RAILWAY ACCIDENTS.
The total number of causalties to per-
sons on account of railway accidents
during the year ending June 80, 1893.
was At, I41. The aggregate number
of persons killed as a result of rail
way accidents during the year was
$3.50, and the number injured was
40, ,SS2. OF railway employees, 1858 were
killed and 81, 761 were injured during
the year covered by this report. With
respect to the three general classes Of
employees, these casulties were divided
as follows: Trainmen, l, 141 killed.
15,645 injured: switchmen, f1agmen and
watchmen, 242 killed, 2677 injured; !;
other employees, 575 killed, 13.439 in
jured. The casualties to employees re-
sulting from coupling and uncoupling
cars were, persons killed, 279, injured
6.9SS. The corresponding figures for
the preceding year were, killed 214, in
| jured 6,2S3
The casualties from coupling and un-
coupling cars are assigned as follows:
Trainmen, killed, 1S2, injured $3.50;
switchmen, f1agmen and watchmen,
killed. 80, injured ], 1,4S6; other employees,
killed Z, injured 212 The casualties
resulting from falling from trains and
engines are assigned as follows: Train
men, killed 356, injured 2,9T9; switch
men, fagmen and watchmen, killed So
injured 359; other employees, killed 81,
injured 521. The casualties to the
same three groups of employees caused
| by collisions and derailments were as
follows: Trainmen killed 262, injured
| 1857; switchmen, fagmen and watch
men, killed IL, injured 50; other en-
ployes, killed 3S injured 367
The number Of passengers killed dur
ing the year was 221 and the number
| injured was 2,945. Corresponding fig
ures for the previous year were 222
killed and 2,795 injured In conse-
quence Of collisions and derailments 72
passengers were killed and 1,134 pas
sengers were injured during the year
embraced by this report. The total
number of persons, other than employees
and passengers. killed was 1850; in-
jured GIG. These figures include
casualties to persons classed as tres
passers, of whom 4,063 were killed and
4.749 were injured. The summaries
containing the ratio of casualties show
that l out Of every All employees was
killed and l out of every % employees
was injured. With reference to train
men-including in the term enginemen,
| firemen, conductors and other train
men-it is shown that l was killed for
every $50 employed and l was injured
for every IL employed. One passenger
was killed for every 2,267,27O carried
and l injured for every 17O.14 carried.
Ratios based upon the number of miles
| travelled, however, show that 60, 542, 60
passenger-miles We're accomplished tor
each passenger killed and 4,543, ,27O
passenger-miles accomplished for each
| passenger injured.
| CONCLUSION.
| In the conclusion of his renort the