The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-09-14
RAILROAD EARNINGS
GAIN S243,282, ISL
Interstate Commerce Com
mission Issues Statement
of IL Months Business.
CASUALTIES SHOW INCREASE
all Told, Victims Total 108,324 Of
Which Number 1858 Are
Killed Outright.

Washington. d. c.. Sept. 13-The re-
port of earnings Of the country's raiI-
roads for the year ended with June 30
was made public today by the inter
state commerce commission.
The official figures show also that the
roads have done a phenomenal business
and that their profits for the year We're
greater than ever before ia the history
of the country.
Casualties show Big Increase.
The report also shows that the cas-
ualty list Of the railroads last year was
larger than any previous year. The
victims of the railroads for the year ag
gregated the enormous total Of 10S.324
OF this number 1868 were killed out
right and the balance OF nearly 100000
were MANNED
Only $50 passengers We're killed last
year. as against 537 passengers In the
previous year. The number OF passen-
gers injured. however, increased slight
". being 1864 One passenger was
killed for every 2.272.041 carried. and
one was Injured for every 1926 carried.
The past twelve months formed
banner year for the roads so far
earnings go. IN that period the gross
earnings or the various companies from
-
were $2.325, 1885, 67. being $243,2S2,761
greater than for the year 1905.
Their operating expenses were ST.,
536. s77,271 or 46.275.11s more than in
1905. The following figures present
statement of gross earnings in detail
and show the increase OF several items
over those of the previous year:
Passengers Pay Half Billion.
Passenger revenue. $51O,03z,5S3; in
crease. s373S7851.
Man. $47.371. 459; increase, $1,945,32S.
Express. $51.0l0.93O; increase, $5,S61,
775.
other earnings from passenger ser
vice. $11.S14.2S7; increase. $274.O95.
Freight revenue, $1.640.SS6,655; in
crease. s1S9,61S,S17.
Other earnings from freight service.
s5.645.222. increase. $5G4,956.
other earnings from operation, in
Guiding unclassified items, $60,004,0S
increase. ST.6S4.939.
Gross earnings from operation per
mile Of line averaged S10.46o. the cor
responding average for the year 1905
being 1862 less.
The operating expenses assigned to
the four general classes were:
For maintenance of way and struct-
ures. $311.T20.S20.
Maintenance of equipment, s32S,554,
65s.
Conducting transportation. ssS6. 2o2.-
7O7.
General expenses, $59,725,2SO.
Undistributed. $646.S56.
Operating Expenses Increase.
Operating expenses averaged $6.912
per mile of line, this average showing
an increase of $500 per mile in compar-
ison with the year 1905. The income
from operation or the net earnings of
the railways amounted to $7SS.SS7, S96.
This amount exceeds the correspond
ing one for the previous year by $97,-
007.642. The net earnings per mile of
line for 1907 averaged $3,54S. for 1905
$S.1s9. and for 1902 S2,99S.
The amount of income attributed to
other sources than operation was $685.
1851. The amount of dividends de-
cIared during the year was S272.S51 567
leaving as the surplus from the opel "a
tions of the year ended June 80. 1906
$112,S34.761
There was much building activity in
railroad circles last year more than
5000 miles Of track being added to cx-
listing lines.
on June 80 the par value of the
amount OF railway capital outstanding
was $4,000, 00O.0O0