The Washington herald., 1908-07-19

! The average revenue per passenger per
mile for the year was 20lf cents For
/ the preceding year The average was -08
cents The average revenue per ton per
/ mile was 9-75g cent, the like average for
the year 1906 was 0-74s cent The figures
/ show an increase in the average cost of
running q train one mile. The ratio of
/ operating expenses to earnings for The
year 19J7 was 6153 per cent. For 1896 tl.=
ratio was 66.uS per cent
Earnings and Expenses
The gross earnings Of the railways in
the United States from the operation Of
-, ,s54 Sc miles OF line were. for the year
ended June 90. 1897. 2.5se.1o5.57S. being
S253 81. Al greater than for the year 1906
Their operating expenses were S1.7sS-
5l5,s14. or S211.f3S.533 more than IN lgl5-
The following figures present q statement
Of gross earnings in detail and show the
Increases OF the several items over those
Of the previous year Passenger revenue.
S564 81 .3s3-increase. S54.573.75J. mail So
s7S s6-increase. S3.017-511. express. S57.-
80 29S1-increase. $5.3z2.0l1; other earnings
from passenger service. Sl2.574. .se1-in-
crease, Sl,35o, ,662; freight revenue. S1.S23
5l99S-increase. S1S325.3s3; other earn
ings from freight service, S5.Il3 sfS-tn-
crease. S45S. .425; other earnings from CQer-
alton. including unciassified items. S7s.-
SO. .795-increase, S14.542.70s Gross earn
ings from operation per mile Of line evsr-
aged S1l5sS- the corresponding average
for the year 1876 being Sl73 less
TE- operating expenses were assigned
, TO the four general classes as follows;
. For maintenance Of way and structures.
S3ss.544. .9J1. maintenance Cf equipment,
S36s061-72 conducting transportation,
gro 952.s24; general expenses, SIS. .414. .655;
Undistributed. S55I.50J. Operating ex-
-
; this average showing an increase OF $40
Per mile IN comparison with the year I905.
The income from operation. OF the net
earnings OF the railways, amounted 10
SS40,SSs, ,164- This amount exceeds the
corresponding one for the previous year
BY S5l701-Sss- The net earnings per mile
4 OF line averaged 1885; for 1s06. S54S. and
= for 1876. 3.1s9. The amount Of income al
! tributable TO sources other than opera
j ton was S2Ss5S3. go This amount IL
b cludss the following items; Income from
lease Of road. SI2+7l5.7 81; dividends on
stocks owned, SIS, 81. .952, interest on bonds
owned. S24,351.054, and miscellaneous in
: come, SIS 993 155
The total income Of the railways 81. ~
D I73.7o6l-that is. the net earnings and in
come from lease. investments. and mis-
cellaneOus sources-is the amount from
which fixed and other charges against
!, income are taken 10 ascertain the sum
Z available for dividends Such deductions
aggregated S577.7I2.5lS. thus leaving sis
46l-ISS as the net income for the year
ended June 50. IsJ7. available for dividends
- or surplus
. Amount Of Dividends Declared
The amount Of dividends declared dur
= Ing the year under review GncIudins
- sts.2s7 representing other earnings 70
stockholders) was SIS 1921. leaving as
: the surplus from the operations OF the
q, year ended June 81, 1907, SlH. S254 The
: surplus from operations as shown for
= the preceding year was SIPS 76L
The amount Of deductions from income
: as stated above. SS-1.7l2.51S. comprises
= these items Salaries and maintenance
- or organization. SOS. .Ss5. interest accrued
- ON funded debt. S3fL342.517: interest on
:. current liabilities. S16.571.532: rents paid
- for lease Of road, S12>. .766 ~. taxes. $50
: Sl2,575i permanent improvements charged
: 10 income account, SSS-552 $50; other de-
!. ducti0ns. $6S.5I7.S17.
r Accidents on Railways.
II The total number Of casualties 70 per
l. sons on the railways for the year was
I1ZS55. OF which ISs represented The
number of persons killed and II1.0l6 the
n number injured Casualties occurred
/ among three general classes OF railway
4 employees. as follows Trainmen. Z55l
3 killed and 1875 injured switch tenders
/ crossing tenders. and watchmen. 15s
IS killed. 1091 injured: other employees l. s..
II killed. 45.7sS injured. The casualties tC
E. employees coupling and uncoupiing cars
D. were Employees killed. 9lS, injured
:. 435S. The casualties connected with
= coupling and uncouplinE cars are assign
ed as follows. Trainmen killed. -. in
S. jured. 4.062. switch tenders. crossing tend
s. ers. and vatchmen killed. 1s5 injured. 149
n other employees killed. H. injured. a.
l' The number Of passengers killed in thC
- course OF the year was SO and the nun
Der injured 13GE During the previous
Z year go passengers were killed and 1875
injured. There were SO passengers killed
30 and S113 injured because Of collisions and
= ideraflments. The total number Of per
: sons other than employees and passenger
80 killed was 6.ss5; injured 1881
In 1907. one passenger was killed foi
of every 1881 carried. and one injured
IL for every SOP carried For 1905 the fig
ures show that 222.f passengers wer,
= carried for one killed and 74I3I passen
gers we're carried for one injured VIII
u respect to the number of miles Travelled
rs the figures for 1877 show that 8. 80 =
n ipassenger-nliles were accomplished f0
= each passenger KILLED. ard 21Z5.4s3 pas
n tsenger-uiles for each passenger injured
a For 1906 the figures were 70I93.7s5 pas
= senger-miIes for each passenger killed
= and 2.S2S09f passenger-miles for eacl
~ passenger injured
as Street House sold.
Stone & Fairfax announce THE sale 20