OCR Text |
Show SIX YEARS OF RAILWAY IN- ' VESTMENTS. During the six fiscal years 1908 tc ' 1913. inclusive, the steam railways ol i H the United States of Class I invested 1 in their roaJ and equipment cash tc the amount or $4,01085,303. Rail f ways of Clas. I, so designated by the i Interstate Commerce Commission, an JH those with annual operating revenue of over $1,000,000 They Include aboul 90 per cent of the mileage, receh more than 9d per cent of the revenue and handle more than 98 per cent ol the traffic. This caBh investment of the operat ing railways of ClaR8 I of the easterr 1 district during the six years wa; H greater than the amount of capital se curitles Issued by them during this H period, and was 19.9 per cent of th aggregate of their capital securities outstanding Juno 30. 1913; of the rail ways of the same class of the South ern district It was 21 1 per cent, and '!H of the railways of the same class ol the western district it was 23.2 pet ' cent of tho aggregate of their capita il securities outstanding June 30. I9ir; That is, the cash actuallv expendec" by these railways during the last sli years upon their properties used ir transportation amounts to more thar one-fifth of their total capitalization at the close of the last fiscal year This is at the rate of $6G8,397.551 pel year. Bureau of Railway Economics nn :! "What's the trouble among the 9 planets?" 9H Jealousy over the regional banks fll Mars, for instance, got one and Saturu fll didn't" |