The Yale expositor., 1916-09-28
HUGE: GAINS FOR
STATE RAILROADS
MICHIGAN STEAM RAILROADS
CLOSE A PROSPEROUS YEAR
AS FAR AS EARNINGS
ARE CONCERNED.
FREIGHT REVENUES HIGHER
Thirty-five Of Michiosn's Railroads
Report A Net Increase In Freight
Earnings over 1915.

Lansing.-Michigan steam rail
roads had a prosperous year so far as
earnings were concerned for the year
ending June go 1915. According TO
! figures tabulated from the records
! filed with the state railroad commits
sion, $15, 7S7, 32S.10 in earnings was the
| increase over 1915. This is from the
sworn reports of the railroads. OF
this amount $3,156,4S029 was in
freight earnings and $444.453.S7 in
| passenger receipts, the bulk OF the
revenue being from other sources.
Thirty-five of Michigan's railroads
reported a net Increase of $3,lS1, 744.20
In freight earnings over 1915, while
but seven railroads reported a de-
crease in freight earnings, amounting
TO $25,263.91.
Twenty-Five railroads reported in
creases in passenger earnings amount
ing TO $32,7SS02, showing a net in
crease in freight and passenger earn
ings OF $3,6O0,93416.
Some idea of the vast amount Of
business transacted by the steam rail
roads OF the state can be cleaned from
the tabulated reports which show a
total OF $S5, 434 ,26S.41 in earnings from
all sources for the steam railroads OPP
Grating in Michigan during 1916, as
compared to 500 ,649, 940.31 for 1915.
OF the increases in passenger earn
ings the Michigan Central has the
| best showing to its credit with $751;
761.S5 in increased earnings over 1915,
while the Pere Marquette ranks
second with s95, 613.52 increased pas
senger earnings. Other roads showing
substantial increases in passenger
earnings for the year were: Detroit
& Mackinac, $10,77S.41; Duluth, South
Shore & Atlantic, $32,64192; Wabash
$33,S9427; Copper Range, S9.463.99;
Chicago. Milwaukee &c st. Paul, S.
46SS0; Chicago & Northwestern, &c.,
1896; Ann Arbor, S6,321.21; Grand
Trunk Western, S1,S71.67; Detroit.
Grand Haven & Milwaukee. S11,4S4.93.
The two principal railroads showing
a decrease in passenger receipts for
the year were the Grand Rapids & In
diana, with a decrease OF $6,025.55
from its 1915 figures, and the New
York Central, decrease, s22,6SS94.
rs regards increased revenues in
fire. sht earnings. the Michigan Cen
trail, first in increased passenger earn
ings, gave way to the Pere Marquette
in freight earning increases, the road
row in the hands of receivers showing
a net increase in freight earnings over
1915 of 1864, 1929, with the Chicago az
Northwestern second with an increase
of s49S,S73S5, and the Grand Trunk
third with S372,34399 increase. The
l.ichigan Central ranked fourth in
freight increase revenue. had, how
ever, to its credit an increase of $685.
1929.
Other OF the principal railroads
showing increases in freight revenues
were: Detroit & Macklnac, S56.113.23;
Duluth, South Shore & Atlantic, $780,
613.41; New Grand Rapids G. Indiana,
S107 ,41309; New York Central, S.
1856; Wabash, $211, O35S5; Copper
Range, $29,O3741; Chicago, Milwau-
kee & st. Paul. 99.92792; Ann Arbor,
6,5Sa14; Detroit, Grand Haven &
Milwaukee, s104,3S3.24.
The Michigan steam railroads show
Ing a decrease in total earnings from
all sources during 1916 as compared
to the 1915 period were as follows:
Escanaba e Lake Superior, $685.
1883 in 1916, as compared to $685.
1926 in 1915; Traverse City rail
road, $6s,75S.44 in 1916. $7S,7O1.5S in
1918; Detroit & Charlevoix, $63,551.-
60 in 1916. $7S.707.4O in 1915; Trav-
erse City, Leelenau e Manistique, $685.
909.32 in 1916. and $36,34O.70 in 1915;
Wyandotte Terminal, S26,524S4 in
1916, as compared to $27,S26.32 in
1915.
Some Of the almost extraordinary in
creases in earnings included the Lake
Superior & Ishpeming, which forged
ahead from $S5O,7S3.O2 in 1915 to
$780,, 59014 in 1915, and the Chicago
& Northwestern. whose earnings in
1915 were SO7,19559, and jumped
20 s4.140. 231.3S in 1916, an increase of
$1.393,OS5.79, or nearly so per cent.