. Electric railway journal . REVENUE PASSENGER In this and the following diagrams, the years indicated end onSept. 30. c Average Total Cost of^ermanent^^rfy-^ s -A era roto IR rU ilue of, is ma Bo nd. 0u tsk ind ng f Year RATE OF RETURN FIG. 2. AVERAGE TOTAL INVESTMENT PER REVENUE PASSENGER Total amount taken is the average between the beginning andend of the fiscal year, divided by the number of revenue passen-gers carried in that year. o 6 We 0 nh Ri lie iblut if I•Of Vvic~Sfi ienxk is Av Rate oft 1 i onkrli 1 52 is Year RATE OF RETURN—FIG. 3—AVERAGE RATE OF RETURN ON IN-VESTMENT If the tota


. Electric railway journal . REVENUE PASSENGER In this and the following diagrams, the years indicated end onSept. 30. c Average Total Cost of^ermanent^^rfy-^ s -A era roto IR rU ilue of, is ma Bo nd. 0u tsk ind ng f Year RATE OF RETURN FIG. 2. AVERAGE TOTAL INVESTMENT PER REVENUE PASSENGER Total amount taken is the average between the beginning andend of the fiscal year, divided by the number of revenue passen-gers carried in that year. o 6 We 0 nh Ri lie iblut if I•Of Vvic~Sfi ienxk is Av Rate oft 1 i onkrli 1 52 is Year RATE OF RETURN—FIG. 3—AVERAGE RATE OF RETURN ON IN-VESTMENT If the total cash premiums that were paid in on stock are con-sidered, the actual return m the form of dividends is even lessthan shown in the upper curve. In 1914 it would be about cent, and in 1915 about If the premiums and discounts onbonds are considered, the actual return as interest on bonds issomewhat greater than shown in the second curve. In 1914 itwould be about 4% per cent, and in 1915, about the same. £ 7. RATE OF RETURN- Yeor -FIG. 4—AVERAGE NUMBER OF REVENUE PAS-SENGERS PER CAR-MILE


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Keywords: ., bookcentury1900, bookdecade1900, bookpublishernewyorkmcgrawhillp