The Economic Theory of the Location of Railways: An Analysis of the Conditions Controlling the Laying Out of Railways in Effect this Most Judicious Expenditure of Capital |
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Page 41
... cent is divided approximately as follows , -United States statistics from the census of 1880 being added for comparison : United States . 18.8 British . 16.1 per cent pays no dividends . 1.0 " 46 44 under 1 per cent 44 66 66 10.2 4.9 46 ...
... cent is divided approximately as follows , -United States statistics from the census of 1880 being added for comparison : United States . 18.8 British . 16.1 per cent pays no dividends . 1.0 " 46 44 under 1 per cent 44 66 66 10.2 4.9 46 ...
Page 59
... cent . $ 40,000 1,800 Per contra : saving of expense on same , at 40 per cent on the total ex- penses , or 26 ( 40 × † ) per cent on the total revenue ...... Net loss to railway ... ...... $ 41,800 11,148 $ 30,652 LOSS TO THE INDIVIDUAL ...
... cent . $ 40,000 1,800 Per contra : saving of expense on same , at 40 per cent on the total ex- penses , or 26 ( 40 × † ) per cent on the total revenue ...... Net loss to railway ... ...... $ 41,800 11,148 $ 30,652 LOSS TO THE INDIVIDUAL ...
Page 64
... cent per mile . ORDINARY MAXIMUM . 25 per cent per mile . DISTANCE . Miles . EXTREME MAXIMUM . Difference . Per cent . Per cent . Difference . Per cent . Per cent . O ..... 100.0 100.0 1 . 10.0 90.0 25.0 75.0 2 . 9.0 81.0 18.75 56.25 ...
... cent per mile . ORDINARY MAXIMUM . 25 per cent per mile . DISTANCE . Miles . EXTREME MAXIMUM . Difference . Per cent . Per cent . Difference . Per cent . Per cent . O ..... 100.0 100.0 1 . 10.0 90.0 25.0 75.0 2 . 9.0 81.0 18.75 56.25 ...
Page 79
... Cent Per Cent . YEAR . Total . Millions . Per Mile of Road . Per Train Mile . Per Cent from- Oper- Pass . Freight . ating to Expenses . Capital . Net Receipts $ $ cts . 1855 104.6 12,530 140.6 49.7 50.3 1860 134.8 12,930 131.5 47.1 50.9 ...
... Cent Per Cent . YEAR . Total . Millions . Per Mile of Road . Per Train Mile . Per Cent from- Oper- Pass . Freight . ating to Expenses . Capital . Net Receipts $ $ cts . 1855 104.6 12,530 140.6 49.7 50.3 1860 134.8 12,930 131.5 47.1 50.9 ...
Page 80
... cent ( Table 18 ) 50.8 cents ; so that under these conditions ( which would apply to most new American lines ) we should be war- ranted in spending 50.8 per cent more money to effect given betterments than we would for the traffic " in ...
... cent ( Table 18 ) 50.8 cents ; so that under these conditions ( which would apply to most new American lines ) we should be war- ranted in spending 50.8 per cent more money to effect given betterments than we would for the traffic " in ...
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Common terms and phrases
actual additional adhesion American amount assumed average axle boiler brakes cars cause centrifugal force cents per train-mile Class coal coefficient of friction computed considerable consumption curvature curve resistance cylinder decrease degree of curvature difference distance drivers effect engine repairs estimate expenditure fact feet flange freight trains friction fuel given gradients greater haul heavy important increase labor length less limits load locomotive long ton loss maintenance maximum mile run mileage miles per hour nearly number of trains operating expenses passenger trains Pennsylvania Railroad percentage practice pressure probably profit proportion pusher radius railway rate of grade ratio receipts reduce revenue rise and fall rolling friction ruling grade ruling gradient Southern Railway speed station statistics steam superelevation Table tangent tender tion tons total cost track tractive power traffic train resistance train wages train-load truck vary velocity vertical wear weight wheel-base wheels
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