. Electric railway journal . f Table VI. Receipts fer Half Trip with Different Totals of Passengers. r lve-cent Five-cent Receipts passengers Receipts passengers per one-half per one-half per one-half per one-half trip trip trip trip 10 $ 21 $ 11 .55 22 12 .60 23 13 .65 24 14 .70 25 15 .75 26 16 .80 27 17 .85 28 18 .90 29 19 .95 30 20 Table VII.—Amount Available for Operating Expenses and Taxes with Operating RatioAmt. available of 68 Per Cent. Amt. available Five-cent for operating Five-cent for operating passengers expenses passengers


. Electric railway journal . f Table VI. Receipts fer Half Trip with Different Totals of Passengers. r lve-cent Five-cent Receipts passengers Receipts passengers per one-half per one-half per one-half per one-half trip trip trip trip 10 $ 21 $ 11 .55 22 12 .60 23 13 .65 24 14 .70 25 15 .75 26 16 .80 27 17 .85 28 18 .90 29 19 .95 30 20 Table VII.—Amount Available for Operating Expenses and Taxes with Operating RatioAmt. available of 68 Per Cent. Amt. available Five-cent for operating Five-cent for operating passengers expenses passengers expenses per one-half per one-half per one-half per one-half trip trip trip trip 10 $ 21 $ 11 .37 22 .75 12 .41 23 .78 13 .44 24 .82 14 .48 25 .85 15 .51 26 .88 16 .54 27 .92 17 .58 28 .95 18 .61 29 .99 19 .65 30 20 .68 5-cent passengers per one-half trip times 5 cents, as shownin Table VI. If 32 cents is required per $1 of gross earnings to pro-vide 8 per cent on the investment, 68 cents will remain for TTTT. 2 i 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34Average Number Five Cent Fare Passengers per Half. Trip Average Distance of Profitable Operation on Assumptionthat Investment of $4 Is Required for Each $1 of GrossEarnings operating expenses, taxes, depreciation and other words, 68 per cent of the companys receipts willbe available for these items. Table VII may, therefore, beeasily derived from the preceding by taking 68 per cent of the receipts per half trip as the amount available foroperating expenses, taxes, depreciation and obsolescenceper half trip. The maximum length of a half trip in miles which can


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