The Street railway journal (1896) (14574940707)

Identifier: streetrailwayjo121896newy (find matches)

Title: The Street railway journal

Year: 1884 (1880s)

Authors:

Subjects: Street-railroads Electric railroads Transportation

Publisher: New York : McGraw Pub. Co.

Contributing Library: Smithsonian Libraries

Digitizing Sponsor: Smithsonian Libraries

Text Appearing Before Image:

per.—)\Iaintenance, Wages and Shop Practice. In the theoretical consideration of any subject, undueweight is often given to some points and insufficient regardto others, so that the results secured in practice are oftenquite different from those which were originally anticipated.For this reason a study of the practice followed by street report for 1895 will serve as a basis for a discussion of thepractice of the operating department of the company :the gross passenger earnings for the year ending Dec. 31,1895, were $1,964,772.65, a decrease of less than i percent over 1894. The net earnings from operation were$1,009,319. The proportion of total operating expenses to grossearnings for the entire year was 49.4 per cent and thecost of operation per car mile in 1895 was $.0819. On the interurban line, where the cars make a run of180 miles per day, the cost of operation to gross earningsduring the last year was 33.15 per cent and the cost ofoperation per car mile (large cars) was $.1075.

Text Appearing After Image:

FIG. 1.—INTERURBAN CAR—TWIN CITY RAPID TRANSIT CO. railway companies which have been operating cars for anumber of years, with the results secured by them in pur-suing certain methods, should be of help in determiningthe best policy to follow under other somewhat similarcircumstances. The conditions presented by the systemof the Twin City Rapid Transit Company are such asmake a study of its practice particularly interesting. Itnot only provides urban transportation in the two cities ofMinneapolis and St. Paul, which have a combined popula-tion of about 400,000, but also connects the business cen-ters of the two cities by an interurban line, which is oneof the most prominent factors in the financial life of theentire system. Thomas I^owry is president of the company, but theactive management is entirely in the hands of C. G. Good-rich, vice-president, and his able assistants, among whomW. J. Hield bears the title of general manager. The total street railway mileage in the system is

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1896

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