. Electric railway journal . valent to per cent on dividend-paying stock. The average rate of dividends paid onall stocks actually outstanding, was The invest-ment in road and equipment as of June 30, 1915, forcompanies with annual operating revenues of more than$100,000 was $17,247,101,881, this being an increase of$263,155,774 over the preceding year. The operating revenues of all railroads for the yearended June 30, 1915, were $2,956,193,202, or $11,538per mile of line operated. Operating expenses were$2,088,682,956, or $8,152 per line of mile operated. Forcompanies with annual r
. Electric railway journal . valent to per cent on dividend-paying stock. The average rate of dividends paid onall stocks actually outstanding, was The invest-ment in road and equipment as of June 30, 1915, forcompanies with annual operating revenues of more than$100,000 was $17,247,101,881, this being an increase of$263,155,774 over the preceding year. The operating revenues of all railroads for the yearended June 30, 1915, were $2,956,193,202, or $11,538per mile of line operated. Operating expenses were$2,088,682,956, or $8,152 per line of mile operated. Forcompanies with annual revenues of more than S100,-000, the number of passengers carried in 1915 was976,303,602 as compared to 1,053,138,718 in 1914, whilethe number of tons of revenue freight carried, includ-ing freight received from connections, was 1,802,018,-177 in 1915 as compared to 1,976,138,155 in 1914. Theoperating ratio showed a decrease from per centin 1914 to per cent in 1915. 104 ELECTRIC RAILWAY JOURNAL [Vol. XLVIII, No. 3. INTERIOR OP LARGE STEEL TRAIL CAR ON SALT LAKE & OGDENRAILROAD Large Steel Trail Cars in Operation onSalt Lake & Ogden Railroad IN connection with the inauguration of its summerschedule, the Salt Lake & Ogden Railroad recentlyplaced in operation six new excursion-type trail cars,the order for which was noted in the Electric RailwayJournal of Dec. 18, 1915. These cars are especiallydesigned for accommodating the railroad companysheavy traffic to Lagoon, a pleasure resort situated abouthalf-way between Salt Lake City and Ogden, Utah. As shown in an accompanying illustration, the car isvery large, having a seating capacity of eighty passen-gers. It is 61 ft. 6% in. long, 9 ft. 6 in. wide, 12 ft. 7in. high and weighs 56,000 lb. The body framing isentirely of steel, the posts are of composite construc-tion, with T-iron and wood fillers and the letterboardsare of steel. The roof is of wood, covered with canvas,and the floor is of wood, double thickness. The seat
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