American Railways As Investments a Detailed And Comparative Analysis of All Th
American Railways As Investments a Detailed And Comparative Analysis of All Th
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Stability and Character of Earnings. Nearly three-quarters of the Lake Shore earnings are from freight, passenger earnings contributing a little over 20%. Of the 33, 000, 000 tons of freight moved in 1906, mine products contributed nearly one-half, ore and bituminous coals being the largest items. The balance was distributed over a wide variety of traffic. The solid and steady growth in the road's earning's are revealed in the following table : 392 LAKE SHORE & MICHIGAN SOUTHERN Year Miles Oper...ated Gross Earnings Per Mile 1896 1897 1, 440 1, 437 1, 413 1, 413 1, 411 1, 411 1, 411 1, 430 1, 453 1, 520 1, 520 $20, 193, 958 20, 297, 722 20, 753, 683 23, 013, 946 26, 466, 514 29, 272, 675 30, 449, 292 34, 768, 082 35, 161, 053 38, 600, 809 42, 544, 378 $14, 021 14, 128 1898 14, 715 1899 1900 16, 707 18, 757 1901. 20, 746 1902 1903 1904 1905 21, 577 24, 307 24, 198 25, 395 1906 27, 989 The Lake Shore's average freight earnings of . 52c. Per ton mile in 1906 were rather low, but the average load per train mile was high —624 tons of revenue freight — so that the earnings per train mile amounted to $3.
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To quickly assess the difficulty of the text, read a short excerpt:
Stability and Character of Earnings. Nearly three-quarters of the Lake Shore earnings are from freight, passenger earnings contributing a little over 20%. Of the 33, 000, 000 tons of freight moved in 1906, mine products contributed nearly one-half, ore and bituminous coals being the largest items. The balance was distributed over a wide variety of traffic. The solid and steady growth in the road's earning's are revealed in the following table : 392 LAKE SHORE & MICHIGAN SOUTHERN Year Miles Oper...ated Gross Earnings Per Mile 1896 1897 1, 440 1, 437 1, 413 1, 413 1, 411 1, 411 1, 411 1, 430 1, 453 1, 520 1, 520 $20, 193, 958 20, 297, 722 20, 753, 683 23, 013, 946 26, 466, 514 29, 272, 675 30, 449, 292 34, 768, 082 35, 161, 053 38, 600, 809 42, 544, 378 $14, 021 14, 128 1898 14, 715 1899 1900 16, 707 18, 757 1901. 20, 746 1902 1903 1904 1905 21, 577 24, 307 24, 198 25, 395 1906 27, 989 The Lake Shore's average freight earnings of . 52c. Per ton mile in 1906 were rather low, but the average load per train mile was high —624 tons of revenue freight — so that the earnings per train mile amounted to $3.
What to read after American Railways As Investments a Detailed And Comparative Analysis of All Th?
You can find similar books in the "Read Also" column, or choose other free books by Snyder, Carl, 1869-1946 to read onlineMoreLess
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