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Commercial July 13, 1882

Mineral Point Tribune

Mineral Point, Iowa County, Wisconsin

What is this article about?

Overview of US railroad development: 9,358 miles constructed in 1881, totaling 104,813 miles in operation, up 53,000 miles in eleven years. Gross earnings reached $725,325,119 in 1881 from $615,401,931 in 1880; dividends $93,314,200 from $77,115,411.

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OCR Quality

100% Excellent

Full Text

The progress of building and operating railroads is one of the most remarkable features of American industrial and commercial development. Nine thousand three hundred and fifty-eight miles of railroad tracks were constructed in this country in 1881, and the total number of miles of railroads now in operation in the United States is 104,813, being an increase of about 53,000 miles in eleven years. The gross earnings of all these roads in 1881 aggregated $725,325,119, against $615,401,931 in 1880. The total dividends in 1881 were $93,314,200, against $77,115,411 in 1880.

What sub-type of article is it?

Railroads Economic

What keywords are associated?

Railroads Construction Earnings Dividends United States

Where did it happen?

United States

Commercial Details

Location

United States

Event Date

1881

Notable Details

9,358 Miles Constructed In 1881 Total 104,813 Miles In Operation Increase Of 53,000 Miles In Eleven Years Gross Earnings $725,325,119 In 1881 Vs $615,401,931 In 1880 Dividends $93,314,200 In 1881 Vs $77,115,411 In 1880

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