Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1901-07-18
Runway IaenInE. and E.pen.e-.

For the year ending June 3ptfs 1900,
the gross earniogs from the operation
of the railways in the United States,
covering nm opsrated mileage Of
ls2. 5l6.03 miles, wsre si, fs5, o44, sly,
being sl73, 43l, 6s5 murs than for the
preceding fiscal year. The operating
expenses we're sa5l, s2s. sill. the in
crease In this item being 800, 4J9. 6i2
The details Of gross earnings we're as
follows: Passenger rsTeDue. s323. 7l5, $50
increase as compared With ths
preceding year go, Coz, GIG; msiI
sS7. az. 47a-incrssse si.753. A63. Ak
press s2s,4i6. l50-increase 81, CSC. COS;
other earnings from passenger services
%, i6l, O22- increase sara. e59; freight
revenue BLOB, 256. increase sl35.
5lA, les; other earnings from freight
service, %, 345. 9l2-inorease s9i5, S82 !;
other earnings fruin operation. in
cluding unclassified items. s36. Se7. 294
decrease 90, 34l. 556. Gross earnings
from operation per mile Of line were
s717 more than for the year ending
June Goth. 1899, being ss,722.
The operating expenses Of the rail-
ways for The year under review were
distributed as follows. Maintenance Of
way and structures s2ll. 20, 52l, in
crease s30, 800, 7l5; maintenance of
equipment, slsl, l73, $50, increase $40. :
254. 63l; conducting transportation
s52a. 1l6, 326, increase s42. 958, 7l9;
general expenses. $50, 32s. 765, increase
s65l, ss2; undistributed 1853, 0l9. The
operating expenses for the year in
question were ca, 9a3 per mile Of line,
or s423 more than for the previous year.
An analysis of operating expenses for
the year ending June 30th, 1900,
according to the fifty three accounts
embraced in the Official classification,
appears in the report, with statement
OF the percentage Of each item Of the
classified operating expenses for the
years 1886 TO 1900, inclusive.
The income from operation, or
amount of gross earnings remaining
after the deduction OF operating ex-
penses, generally designated as net
earnings, was s525, 6l6, 1903, an increase
as compared With the preceding year
of ses, 975, 1884,. The average amount
per mile of line fer the year ending
June Both, 1900. was 50, 72e, and for
1893, 81, ABS. The amount of income
rsceiyed from sources other than
operation was s182, $685. This
amount embraces the following items
Income from lease Of road, 500. 429, Clio
dividends on stocks owned, s2i. 400, 253
interest on bonds owned. 3l1, 1888, ga
miscellaneous income, s27, 131, 225. The
total income of the railways, $685.. sol,
374-that is, the income from operation
Increased by the income from other
sources-is the item from which fixed
charges and analogous items are de.
Quoted in order to reach the amount
available for dividends. The total oil
these deductions was s61, 240, 927,
leaving 1927, $50. 447 as tho net income
for the year available for dividends OF
surplus. @
The amount, Of dividends declared
during the year Including "a, 542 Other
payments from, net income) was Sl39,
COZ. 5l4, leaving as the surplus from
the operations Of the year ss7, 657, 933,
the corresponding surplus for the yeai
ending June Both, 1889, having heer
$50. 064, SIT.
The deductions from income, s46l,,
240, 927, already mentioned, comprised
the following items; Salaries ant
maintenance of organization. $3.50. 1o2
interest accrued on funded debt
s262, $40, SIG; interest on current liabili.
ties, s4,912, s92; rents paid for lease o.
road, sl01. 9l5,3 $40; taxes, sas, 332, 273
permanent improvements charged to in
come account, s25, 500, 035; other de
auctions, s27. OLA. $50.