The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-02
RARNINGs ~ ENrENsEs.

For the year ending June 80 1901, the
gross earnings from the operation of the
railways in the United States arising from
the operation Of lo5,57O.B2 miles of line
were S15ss,526,037 being $1O1, ISL, 223 more
than for the fiscal year 1900. The operating
expenses were $1,O30,3g7270, having In.
creased in comparison with the year preced-
ing S6S96S 75g. Gross earnings were in de.
tall as follows; Passenger revenue $751;
o1o, @oo--incfeQse as compared with the pre-
ceding year, S27, 64O, 62b; mail, S3S 453, CO.
Increase SiOl, rs; express $3l, III 6l3- In
crease, S2,TO5 4U3; other earnings from pas.
senger service s,2U29s2-increase, s41,
96Oi freight revenue, Sllls,0A3 014-in-
crease 9oc'2S6,6yl: other earnings from
freight service "a 0B5 457--inerease, STl9,-
34J; other earnings from operation, includ-
Ing unelassihed Items, S36ls3, lO4- increase,
mile Of line were S4O1 more :han Tor the
year ending June 30, 1901 being SSl23
lhe operating expenses Of the railways
already stated were distributed among the
four general divisions as follows Mantle
nance Of way and structures S231, 05B, 6U2--
increase, SlJ,s36,OS1i maintenance Of equip
| ment, $50 2JJ, 56O-increase, S9125.Gs0;
conducting transportation $685.. 2U5 ,7S,l--
! Increase, S3B l4s, 1863; general expenses
81 o65,133 - Increase, SO, 237 ,TSS; unuis-
trbuted, Sl20S,766. The operating tx
penses amounted TO $5260 per mile Of
line or SIG more than for the year immc-
dintely preceding. The report contains an
analysis 81 the operating expenses for the
year In accordance with the hfty.threp ac-
I counts embraced In the Official classiAca-
/ tioH Of such expenses, With "a statement OF
4 the percentage OF each Item Of the classified
| expenses for the years 1885 to 1901
The income from operation, or the
! amount representing the difference betwe n
! gross eafnlngs aud operating expenses com
monty termed net earnings, was SJ5s, rs
i 761, this item showing IN increase as COM
pared with the previous year Of S32 512 4l.i
The average amount II net earnings per
mile Of linz for tue. wear ending June 80,
amount Of income received from sources
other than operation WAS S179,746, 44a In.
| Guided IN this amount are the following
items; rome from lease Of road, SILL
| G3iiNI; dirideads on stocks owned, SIS,
! So TS5, Interest on bOuds owned, Sl2 O5J
! Gi2 AID miscellaneous income. 81, 2,sp. Az
The total income Of the railways, $751;.
tlon. Increased by income from other
| saurcss-ls the Item from which nxad
| charges and analogous items are deducted
In order T. ascertain thp amount available
character amounted 10 S496.363.s9s. leayiag
S.3l,Jll.3lI as tho net incoma for the yecl
available foT dividends or surplus.
The aIneunt OF dlvileuds declared du;iur
The year lnclrding SiO,7i9 cther payments
from net incomel was si56 1866, cav ny
as thu surplus from the operations Il fhi
year ending lure 80 1861 $50 TG4.TS1 The
surplus Tor the year 1900 WIZ S6T. 81. s3a
In tic amount stsfcl FOR deduct ons ron
income. $4a6863. SIS. IRE embraced ta'
following Ntms Sallhas ana mai re
rance OF organization. sla2 2D0; mtercsS
accrued on funded debt $262,Oe4 1913; In
terest on current liabilities S5.526.5T2
rents paid for lease of road, SIP. ga. s22
lakes, S50,g443I2; permanent impr lve
mcnts charged 10 Income account. S31
s3l 7ti: other deductions. S326s1 pa.
In the statistical report for the year 100
was inserted a new summary o. the taxei
PAID BY railways showing the taxes u
gross snd per mile Of line assigned 20 each
State and Territory. In the present report