Evening Republican, Volume 21, Number 161, Rensselaer, Jasper County, 25 July 1917 — VAST EARNINGS OF COUNTRY [ARTICLE]

VAST EARNINGS OF COUNTRY

Railroads Contribute $3,622,057,141 in 191st—Increase la Seen for Current Year. The magnitude of this country’s activities and Industries is impressively Indicated in various annual reports and statements which have just been published for 1916. Here are the figures that briefly tell the story: Total operating revenue of railroads, $3,622,057,141. , .. S 'Vtl Volume of business of the United States Steel, corporation, $1,231,473,779. Total operating revenues of the Bell system, telephones, $264,600,000. Gross earnings of national banks, $600,000,000. When it is remembered, observes the Manufacturers’ Rejcord, that the railroad data included only railroads having annual revenues of $1,000,000 or more (although their gross earnings constitute 97 per dent of all In the United States), and that the bank statement does not Include either banks with state charters or trust companies, the great totals loom up even more wonderfully. And every one of these will proba* bly show even larger totals at the end of the current yeqr.