Evening Republican, Volume 20, Number 284, Rensselaer, Jasper County, 27 November 1916 — Railroad Capitalization. [ARTICLE]

Railroad Capitalization.

The total railway operating revenues for the year amounted to $2,956,000,000, with operating expenses of $2,088,000,000. # The railway capital of the United States actually outstanding on June 30, 1915, ($19,719,000,000), was equal to all the nations of the earth, computed prior to the outbreak of the European war. It is a sum representing more than 10 per cent of the total wealth of the country, and equal to the wealth of Belgium, Spain and the Netherlands combined.