. Electric railway journal . FOR CALENDAR YEARS 1917 AND 1918 1918 Railwa operating revenues $590,710,837 Railway operating expenss 426,082,146 Net operating revenue $ 164,628,691 Net revenue from auxiliary operations 16,917,673 Taxes on railway operations 38,669,01 1 Operating income $142,877,353 Non-operating income 14,487,720 Gross income $157,365,073 Deductions from gross income 146,652,347 Netincome $10,712,726 Total car mileage operated . 1,654,319,023 Total passengers carried 11,969,256,764 Total milesof single track 32,570. 21 Operating ratio (per cent) * Decrease 1917 $554,674,7
. Electric railway journal . FOR CALENDAR YEARS 1917 AND 1918 1918 Railwa operating revenues $590,710,837 Railway operating expenss 426,082,146 Net operating revenue $ 164,628,691 Net revenue from auxiliary operations 16,917,673 Taxes on railway operations 38,669,01 1 Operating income $142,877,353 Non-operating income 14,487,720 Gross income $157,365,073 Deductions from gross income 146,652,347 Netincome $10,712,726 Total car mileage operated . 1,654,319,023 Total passengers carried 11,969,256,764 Total milesof single track 32,570. 21 Operating ratio (per cent) * Decrease 1917 $554,674,718361,315,721 $193,358,99715,563,86135,750,567 $173,172,29111,001,832 $184,174,123142,373,728 $41,800,3951,722,369,09312,,04332, 14 Amount$36,036,11964,766,425 Increase,Per 93 $28,730,306*1,353,8122,918,444 $30,294,938*3,485,888 14 86* 16 * $26,809,050*4,278,619 * $31,087,669* * 68,* * 218,177,279* * 182 Electric Railway Journal Vol. 21, No. 3. The sharp rise in the cost of labor for the year 1918 isalso indicated very clearly on the chart. At the same timethere has been a corresponding increase in the total rail-way operating expenses. This increase in the cost of laboris, of course, due largely to the increased rates of wagesawarded by the National War Labor Board. Fig. 7—The total taxes in dollars and in per cent ofoperating expenses indicate a rise both in amount and inrate of increase. The acceleration is most noticeable be-tween 1917 and 1918. Taxes are also segregated for thecensus years between taxes on earnings and capitalization,etc., and taxes on real and personal property. Fig. 8—This chart is based on a questionnaire sent outby the American Electric Railway Association to determinethe amount expended annually by the electric railway com-panies on paving, cleaning and sprinkling the streets, trans-portation of municipal employees and tolls and maintenanceof otherwise public bridge
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