Economics of Interurban Railways

Cover Economics of Interurban Railways

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER III OPERATING REVENUE Interstate Commerce Commission, in - accordance with Section 20 of an Act to Regulate Commerce, has prescribed a classification of the operating revenues of electric railways as follows: General accounts: I. Revenue from transportation. II. Revenue from operations other than trans- port

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ation. Primary accounts: I. Revenue from transportation: (1) Passenger revenue. (2) Baggage revenue. (3) Parlor, chair and special car revenue. (4) Mail revenue. (5) Express revenue. (6) Milk revenue. (7) Freight revenue. (8) Switching revenue. (9) Miscellaneous transportation revenue. II. Revenue from operations other than transportation: (10) Station and car privileges. (11) Parcel-room receipts. (12) Storage. (13) Car service. (14) Telegraph and telephone service. (15) Rents of tracks and terminals. (16) Rents of equipment. (17) Rents of buildings and other property. (18) Power. (19) Miscellaneous. Relation Between "revenue From TransPortation" And "revenue From Other Than Transportation" Very few of the existing electric interurban railways earn an appreciable amount of revenue from operations other than transportation, except through the sale of power. It is quite usual for an electric interurban railway to serve a territory from which considerable revenuecan be earned by the sale of power, but as the development of this item of earning is very dependent on the management of the property, and therefore not general, it will be eliminated from further consideration. Relation Between "passenger Revenue" And "other Than Passenger Revenue," Power Sales Eliminated The one section of the general accounts, revenue from operations other than transportation, being thus considered a negligi...

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