Transportation and communication in the United States 1925

Bibliographic data

Monograph

Identifikator:: 1767626746

URN:: urn:nbn:de:zbw-retromon-195828

Document type:: Monograph

Title:: Transportation and communication in the United States 1925

Place of publication:: Washington

Publisher:: Gov. Print. Off.

Year of publication:: 1926

Scope:: III S., S. 508 - 549

Digitisation:: 2021

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Finances

Collection:: Economics Books

RAILWAY TRANSPORTATION 519 The total operating revenues of Class I carriers in 1925 amounted to $6,120,000,000, 3.4 per cent more than the 1924 total and 91.6 greater than in 1913-14, but very slightly less than in 1923 (Table 10). The operating revenues of the southern district increased 8 per cent over 1924, a decidedly greater ratio than shown by the other districts. The total operating expenses in 1925 were $4,536,000,000, or about $27,900,000 greater than in the preceding year. In the western district there was a decrease in operating expenses, and in the eastern and southern districts a greater increase appeared in operating revenues than in operating expenses. The operating ratio in 1925 was reduced to 74.11 per cent from 76.14 in 1924 and from a maximum of 94.32 per cent for 1920; the ratio had been 72.83 in 1913-14. The ratio for the southern dis- trict was lower than in 1924 by over 8 points, and for the first time since 1918 was less than the ratio for the western district. Table 10.—Operating Finances of Class I Railways! by Districts {Millions of dollars] Operating revenues Operating expenses Year 2 912-14 (average)..... An EHR Tv emer NY) ctcaanmen——— oan a 994. je O25 or ccacammaae Per cent change from 1024. [912-14 (average). .... B18: ne necmmmmmimmen 1917 me eeecmamn “IR emma Ie: SR 01%, mwas 1 SN Per cent change from 1924 Total Eastern Southern | Western ' 2,982 3, 697 014 {881 5,145 3, 178 "517 5, 550 3, 200 5, 921 5 120 L, 324 , 622 1785 2 207 2 282 % 747 2, 461 > 517 & 151 523 306 85 306 377 877 1F 1,207 1, 452 1,623 1, 890 > 057 | 2, 454 9,179 % 127 209 3, 231 «261 +1 4 Ja o Net railway operating income ? 719 {, 040 934 339 i Ir -fy 1 282 117 324 192 "25 “tr 10 167 171 ‘39 328 '56 : x 233 % +15 0 dy fd edt Total | Eastern | Southern | Western 817 915 1,078 1,479 L, 672 2, 187 1,740 i, 646 1,764 1,671 1, 659 +.7 Ratio of expenses to revenues (per cent) 2,112 2, 357 2,829 2,082 4, 400 A, 828 * 563 elf “805 “0f 970 1,102 I) 338 1, 892 ), 023 2.728 “N83 c0 ny 325 3¢n 41” =H 70. 84 65. 54 70. 48 81. 58 85. 52 04.3% ‘2.71 73.28 87.97 74.97 85.76 8. 66 9, 90 Tt 5 &i 72.07 65.02 68. 04 77.76 87.35 3.42 La 42 67.70 63. 01 66. 46 78.30 31. 32 10.12 9. 86 77.38 6. 39 74.90 ag Om 6s bY: 1 PP : Excluding switching and terminal es . gars ended June 30, 1912-1914; others calendar years. CL . . ® Obtained by deducting from railway operating revenues the following items: Railway Spomng ex- benses, railway tax accruals, uneollectible railway revenues. aud net eauipment and ioint facility rents, ¢ Deficit, Source: Interstata Commerce Commission. The net railway operating income for 1925, $1,120,000,000, was a record figure and 15 per cent greater than in 1924. The increases

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