. The Street railway journal . BOSTON PUBLIC LIBRARY September 30, 1897, $1,431,936, equivalent to $11,465 permile of route operated, $.261 per car mile and $.052 perpassenger carried. The fact that this earning power perpassenger so little exceeded the normal five-cent fare showsthat the proportion of the passengers paying a sum greater 480 STREET RAILWAY JOURNAL. [Vol. XIV. No. 9. than tliis five cents must be but moderate. The earningpower per car mile is less than the companys best record,which is $.2814 earned in 1895. The earnings per mile ofroad have neither increased nor decreased mate
. The Street railway journal . BOSTON PUBLIC LIBRARY September 30, 1897, $1,431,936, equivalent to $11,465 permile of route operated, $.261 per car mile and $.052 perpassenger carried. The fact that this earning power perpassenger so little exceeded the normal five-cent fare showsthat the proportion of the passengers paying a sum greater 480 STREET RAILWAY JOURNAL. [Vol. XIV. No. 9. than tliis five cents must be but moderate. The earningpower per car mile is less than the companys best record,which is $.2814 earned in 1895. The earnings per mile ofroad have neither increased nor decreased materially sincethe horse railway days. The entire profits of the systemare earned during the six summer months, the traffic of. THE FROG POND ON BOSTON COMMON the remaining six months hardly paying operating ex-penses. The companys earnings from operation applicable toreturn on investment amounted last year to $396,387,equivalent to per cent upon the total permanent in-vestment. Eight per cent was declared upon the capitalstock, leaving a surplus for the year of $4,218. This is evidently one of the most valuable street railwayproperties of the interurban class in the world. It is diffi-cult to see how the territory could possibly be excelledfrom a street railway point of view, except, perhaps, thaia somewhat larger proportion of manufacturing to residen-tial and pleasuring interests would be desirable. There isno question that the section which this system serves willalwavs be largely residential, and manufacturing interestswill probably not develop very greatly, but there will surelybe a steadv and perhaps even rapid growth of travelthroughout this whole North Shore district with the in-crease of populat
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Keywords: ., bookcentury1800, bookdecade1880, booksubjectstreetr, bookyear1884
