Rensselaer Republican, Volume 28, Number 14, Rensselaer, Jasper County, 5 December 1895 — EARNINGS OF THE RAILROADS. [ARTICLE]

EARNINGS OF THE RAILROADS.

Figures and Comparisons Given by the Interstate Commerce Commission. Washington. Nov. 25.—The Interstate commerce commission has Just Issued a preliminary report on the income and expenditures of railwavs In t'ne United States for the year ended June 30. ISSa, prepared by the statistician. The report Includes the returns from 650 roads, whose reports were filed ors or before November 9,1895, and covers the operations of 161,529 miles of line, or 92 per cent of the mileage in the United States. The gross earnings were $1,003,022.853, of which were from passenger service. $683,022,985 were from freight service, and $20,217,595 were other earnings from operation, covering earnings from telegraph, car, mileage balances, switching charges, etc. The operating expenses were $677,677,635, leaving net-learnings of $325,335,218. as compared with net earnings of $320,137,670 for the same roads In 1894. Income from sources outside of the operations of the roads was $33,057,243, making total income available for the payment of fixed changes and dividends $358,412,461. Total deductions from Income, including Axed charges, were $336,351,946, and dividends paid were $53,135,545, leaving a deficit from the operations of the year of $31,075,030. The dividends paid by the same roads tho preceding year were $61,504,785. Railway Mall Service Report. Washington, Nov. 25.—The report of James. White, superintendent of railway mail service, shows that during the year 497 accidents occurred to railway post Offices In which seven clerks were killed and 178 injured while on duty. It Is shown that the service is becoming more and more efficient. Of the 10,377,875»0p0 pieces distributed and redistributed but 1,166,682 errors occurred, being one error fer each $,595 pieceaTian'dled.