Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1916-12-26
Net Income from Operations
VIII Total More Than One
Billion Dollars.
GROSS REVENUES
1864, 892.647.0O
Figures Compiled by Interstate Com
merce Commission Show Expenses
Increase tbOut II Per Cent, While
Receipts Increase 81 Per Cent.

Washington, Dec. 25.--MCre than
81 ,00N, 10000 600 net income from opera
tons was made by the railroads OF the
country during the year now closing.
The huge total is The peak OF pros
pcrity in railroad operations, and
stands more than one-third higher
than the record of 1913, hitherto the
banner year.
Statistics gathered by the interstate
commerce commission for the nine
months, and made the basis of calcu-
iations for the entire year, Indicate
that the total net income from opera
tons will be approximately SlO9S,--
GEO, 900. For the first nine months OF
the year, the commissions figures
show $7S5,55S,266 of income. Even
this does not show the full amount,
as roads whose income is less than
$1,000,000 are not included.
The estimate Of 100000 is re-
garded by officials as conservative.
1t makes no allowances for normal
increase of business the last three
months Of the year. returns for which
are unavailable, but places October,
November and December at the same
figures as for July, August and Sep
TENDER. There is no question, Off
Gals say, but there will be an in
crease. The only doubt is as to its
size.
Y Sources OF Revenue.
For the first nine months of the
year, the commissions figures show
The railroads collected S2,654S29,647
from all sources, the chief items OF
which follow:
Freight, 1889, 100000; passenger
traffic, 1922 3,9C7; mails, $45,34S,-
COS: express companies, $65,OS9,474;
incidentals, such as dining and buffet
car service, operation of hotels and
restaurants, sale of vending privileges
Q ntrains, etc, $60,414,597; and all
other transportation charges, $76,Os7,-
Gil.
The last item embraces sleeping and
parlor cars, freight on milk, which
IS largely handled by special trains.
switching service. and operation OF
special trains. The total, using the
first nine months as basis, Will
reach $3,6OO,640.502, but officials be-
lieve when the year closes, this total
Will have been exceeded. Never in
the hisotry of the country have the
railroads shown so great a gross in
come.
Expenses Increase II Per Cent.
Expenses have not kept pace with
the rapid rise in receipts, although
it is known they have shown great
increase. Fom total of $1S2,SS1, 269
in January, expenses have increased
to $2O3,235,394 in September, approx
mately II per cent. During the same
period, receipts had increased from
$500, 54O,3O6 to $924,954,301, approxi-
mately 25 per cent.
About 230,500 miles of railroad were
in operation during the year. In the
first part, the total was below 100000.
and during the latter part it exceeded
100000. Using 100000 as an average,
returns show that TO revery mile In
operation in the country, the railroads
will receive this year approximately
$15,655 in gross receipts, and net
income Of $4,774, or a little more than
&c per cent. of the gross.
Compared with previous years, the
earnings of net income for 1916 show
more than So per cent. gain over 1918,
SO per cent. over 1914 and "a per
cent. over 1913.