Rock Island Argus., 1902-09-01
EARNINGS ARE BIG
Railroads Have Total Receipts of
$I,58e, ,526, ,o37 Past
Year.
INTERSTATE COMMERCE REPORT
Accidents Number 61,794, With
S,455 FataIi-
ties.
INTERSTATE COMMERCE REPORT

Total receipts from operations of
all the railroads in the United States
during the year ending June 80, 1901,
were $15Ss, ,526,037, an increase of
over $1O1 100000.
This fact is shown by the sum-
mary of the annual report of the in
terstate commerce commission Just
issued. The document will be read
with great interest by everyone con-
vcrsant with railroad or financial af-
fairs. The report covers the twelve
months ending June 80, 1901, and
among the interesting facts shown
is one bearing upon the cost of trans
portation. The summary states
that tonnage carried for the year de-
creased over 12.OOO,OOO tons and still
the gross receipts from operation in
creased over 100000, apparently
disproving the claim that there has
been general reduction in freight
rates.
The number of railroads in the
hands of receivers was 45, net de-
crease of seven as compared with the
corresponding date of the year pre-
vious. The capital stock represent
ed by the railways in the charge of
receivers was $49.47S,257, funded
debt S54 ,662 and current liabili-
ties S14, 1S3, ,23O. These figures show Il
decrease in capital stock represented
as compared with 1900 of $5S.61S.59S
and in funded debt of S52.644,36O.
The total single track railway mil
cage in the United States was 197. .237
miles, this mileage having increased
during the year $500 miles.
Total single Track Mileage.
The operated single track mileage,
in respect To which detailed re-
turns were made, was 1851 miles,
this mileage including 5000 miles of
line on which track privileges were
granted. Including tracks of all
kinds. the aggregate length of rail
way mileage was 265.36s miles, an in
crease of 6,5S2 miles.
There were 39.5Si locomotives in
the service of the railways, which was
/ .921 more than were in use the
preceding year. The total number of
cars of all classes in the service of
the railways on the date stated was
$50. .s33. there having been an in
crease of 99,995 in rolling stock of
this class.
The number of persons in the en-
ployment of the railways of the
United States was 1.071.169. "Or an
average of SIS employees per 100 miles
of line. As compared with June 30,
1900. the number of employees in
creased 53.516.
The amount of railway capital out
standing was l1.6sS, 177 ,991. This
amount on mileage basis, represents
a capitalization of S61.52s. per mile of
line OF the total capital stated So
SOC, ,1O4 existed i'm the form of
stock, of which s., 1912 was com
mon stock and S1.331.157.3s3 preferred
stock. The amount which existed in
the form of funded debt was S5,SSl,-
5s0.SS7! The amount of current liza
bilities which is not included in the
foregoing figures was $500, 0,I03,419 or
s., ,266 per mile of line.
Passengers Carried
The number of passengers carried
was 60T,27S.121. showing an increase
for the year of 3O,412,S91.
The number of tons of freight car
ried during the year was 1,os9,226,f4o
"A decrease of 12,453,79S being shown.
The gross earnings from the opera
ton of the railways in the United
States were $1,5ss, ,526. .O37, being S101,-
4S1,2 more than for the fiscal year
of 1900. The operating expenses were
81, ,O30, ,397 .27o, having increased in COM
parison with the year preceding S6S,-
96S, ,759.
The total number of casualties to
persons on account of railway acci-
dents was 61,794. the number of per
sons killed having been S,455 and the
number injured $3.50. OF railway
employees, 2,675 were killed and 41,142
were injured. The number of passen-
gers killed during the year was 2s2.
and the number injured 4,9Ss. The
number of persons other than en-
ployes and passengers killed was
4.49s and injured 7,2O9.