The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-07-17

O-so-
OF the stock paying dividends. SIS per
cent. OF the total amount outstanding paid
from l to = per cent; lis per cent, paid
5 to 6 per cent: 260 per cent. paid from s
TO 2 per cent; and 4S per cent paid from
Z to ; per cent. The amount of dividends
declared during the year ending June 30,
1Se. was SCI. l52.SS IS. which would be produced
bv an average rate of SO per cent. on stock
on which some dividend was declared. n
amount OF mortgage bonds paying no in
terest was s526 .i24.1 Ss, or ll.A per cent; OF
miscellaneous obligations. SIG. 116.S14. or 800
PEI. cent; OF income bonds. SlSO,l6l.560. or
est per cent. The amount of current la
bilities outstanding at the close of the year
named was S4O.olS,ss5. OF s3'ol2 per mile OF
line.
The aggregate number OF passengers car
ried during the year ending June 80, lSys.
ways. was 5oi. oss.ssl Indicating an increase.
as compared Will the year ending June 30.
1897, of 1.62l, 4S3. The number OF passen-
-, s79. 5000 there being an increase Of LEE
99e.357 as compared TO the year previous.
Is th Shown oTEne Sy the ee fact that Sr P in ISIS the mum.
Der Of passengers carried one mile per mile
Of line was q. 462, as compared with es,s14
figure for 1893, however. was 8,Sp. The
number or tons of freight carried during
the year was s7s.oos.9 BOZ, there being an In.
crease OF 1877. 30o,3e1. The number OF tons OF
freight carried one mile was 1l4.071 ,576.30S.
which, compared with the previous year.
shows the large increase Of 1885. $4,000.
The number of tons of freight carried one
mile per mile of line was $3.50. which Is
| Is, 731 greater than the corresponding item
for the year preceding.
EARNINGS AND EXPENSES.
The gross earnings of the railways OF the
United States. covering an operated mileage
of 1s4. 64S2 % miles. were s1.247. 81. gu for the
year ending June 80. 1898. being greater by
s12S. 2S5. s4s than the corresponding item for
the fiscal year preceding. The operating ex-
| penses during the same period were sSl7.-
73,276, being an increase Of sS5. S.5l2 as
compared with the year 1897. The items
comprised in gross earnings from operation
for the fiscal year under consideration were:
| Passenger revenue. SCOT, go, 40. increase as
nail ans SEA COS s52. '1 inc ptemOus q ssS i exSress'
SIS, 9s.075. increase. s1,N7 ,09; other earnings
from passenger service, s7.224.coo: freight
other earnings from freight service, "a
6s3, 2e. increase. s73.54S: other earnings from
operation, Including a few unclassihed
The operating expenses for the year were
assigned as follows: Maintenance OF way
and structures. s173. s14. 95s: increase as COM
pared with the preceding year. sl3. $50. 5s5.
maintenance OF equipment. s142.s24. $50: in
crease; sig So 54: Conducting transporta.
ZION. $S4.ol4 ,216; increase, So, l4S, Ala. General
expenses, $36. 476. Csc: decrease. $4,5S3. The
gross earnings averaged 81. 100 per mile Of
me, , and Operating expenses s.4@ per mile
1858 and 1924 greater than the corresponding
figures for 1887. The report contains a fur
thsr analysis OF the operating expenses of
railways in the United States for the years
lsso TO 1885, In accordance with the fifty
three accounts embraced in the prescribed
ciasS1cation OF these expenses.
The income from operation, that IS, the
amount or gross earnings remaining after
the deduction Of operating expenses. com
This amount is $50, 7S7. 1856 greater than II was
for the preceding year ending June 80. 1897.
was s13s. POP, 77s. The following items are en-
oraced In this amount: Income from lease
OF road. sso, Az, 67s; dividends on stocks
$40. 6Gs s43. and miscellaneous income, Sl6,-
5sl,l@. The total income of railways. $751;
eSo.lZi that Is, the income from operation and
income from other sources, is the item
from which fixed charges and other analo-
gous Items are to be deducted before reach
Ing the amount available for dividends. TAX
ing from this amount the total deductions
from income, $i27, 235, W3, leaves $40, 3l9. f21 as
the net income for the year available for
The total amount of dividends declared
during the year, including sSI.975. other pay
therefore appears that the surplus for the
operations of the year was $44.07S.57. An
analysis of the total deductions from in
come. VIZ loS. mentioned above, shows
that they were composed OF the following
Items: Salaries and maintenance of organi-
cation S44SS 25; interest accrued on funded
debt, S2f6, l6. 6Sl; interest-bearing current
liabilities. S,073,e53: rents paid for lease OF
road. 500, 391 COS; taxes, $43,s SIS .224; permanent
improvements charged 10 income account,
$,S47.9 OK and other deductions, $30.524, 597.
The railway companies make annual re-
pots TO the commission Of two kinds. These
reports and financial reports. The fo&rmerr
are fled 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
iessees. 1t follows that certain Items of in
come and expenditure must be duplicated
In comprehensive statements like the fore
ports of both classes. These conditions
seem fully explained by the statistician.
who inserts also in his report a statement
which constitutes an income account Of the
railways OF the United States as IL they
We're represented by a single. simply organ.
lied corporation. the duplication OF items OF
income and expenditure due TO intercorpo-
rate contractual relations being eliminated
therefrom.
RAILWAY ACCIDENTS.
The total number of casualties to persons
on account of railway accidents during the
year ending June 30, 1895. was 47.741. The
aggregate number OF persons killed as a
result Of railway accidents during the year
was 6.s5s. and the number injured was 4O.ss2.
OF railway employees 1858 were killed and
3D. were injured during the year covered
by this report. With respect 10 the three
general classes Of employees. these casual
ties were divided as follows: Trainmen.
1,1H killed. B.645 injured; switchmen, flag
men and watchmen, 242 killed, 26T injured:
other employees, 575 killed. 13,439 injured. The
casualties 10 employees resulting from coup
killed, 27s; injured, 6,9Ss. The corresponding
figures for the preceding year were: Killed.
2l4: injured, 6.2S3.
The casualties from coupling and uncoup-
ling cars are assigned as follows: Train
men, killed, 49, injured, $50; s~witchmen,
iagmen and watchmen, killed, 80. In
tured, 1.4S6; other employees, killed, Z.
injured. 22 The casualties resulting
from falling from trains and en-
men. killed. 356. injured, 2.979; s~witchmen.
fagmen and watchmen, killed. 50. injured,
359; other employees. killed CT, injured. 52l.
The casualties to the same three groups OF
employees caused by collisions and derail-
ments were as follows: Trainmen, killed.
262, injured, 1851; switchmen, flagmen and
watchmen, killed. lS, injured, 50; other en-
ployes, killed, g, injured, 36L.
The number of passengers killed during
was 2945. Corresponding figures for the
previous year were 222 killed and 2795 in
1ured. In consequence Of collisions and de-
ailment ~ passengers were killed and L.
ia passengers were injured during the
year embraced by this report. The total
number OF persons. other than employees and
passengers, killed was $50. injured. 6.176.
These figures include casualties 10 persons
classed as trespassers. OF whom 1858 were
killed and 4,749 were injured. The sum
maries containing the ratio OF casualties
show that l out of every AZ employees was
killed and ! out OF every - employees was
injured. With reference to trainmen-includ-
ing in the term enginemen, hremen, conduc-
tors and other is shown that 1