Democratic Sentinel, Volume 1, Number 27, Rensselaer, Jasper County, 17 August 1877 — Railway Profits. [ARTICLE]

Railway Profits.

Below we have tabulated from the last edition of “ Poor’s Manual,” a statement exhibiting the number of railroad companies in each State,, and liow many of them -earned dividends the last year. It is as follows : MF kh Maine 13 5 Utah 8 2 New Hampshire 18 8 Dakota 2 0 Vermont 12 0 Colorado 7 0 Massachusetts.. 47 20 Virginia 20 4 Rhode Island... 10 3 North Carolina 12 2 Connecticut.... 21 7 South Carolina 12 0 New Y0rk...... 71 20 Georgia 21 6 New Jersey..... 52 20 Florida 5 0 Pennsylvania... 78 33 Alabama 17 0 Delaware....... 7 2 Mississippi 8 0 Maryland 20 3 Louisiana 6 0 West Virginia.. 1 1 Texas 7 0 Ohio 53 17 Kentucky 16 2 Michigan 34 3 Tennessee 10 3 Indiana 35 3 Arkansas 6 0 Illinois 52 7 California 8 0 Wisconsin 18 1 Oregon 2 0 Minnesota 15 1 Nevada 4 1 lowa 31 6 Washington.... 3 1 Kansas 16 0 Union Pacific.. 1 0 Nebraska 8 0 Central Pacific. 1 0 Missouri 23 0 Total 811 196 Leaving out of view the fact that many of these companies built their roads on bonds rather than in stock paid in, it appears that less than one-fourth of the railroad corporations throughout the United States earned any dividends at all.— Boston Post.