Full text of Commercial and Financial Chronicle : April 15, 1922 : Railway Earnings Section, Vol. 114, No. 2964

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RAILWAY EARNINGS
SECTION OF THE

COMMERCIAL

&

FINANCIAL CHRONICLE

Copyrighted in 1922 according to Act of Congress, by WILLIAM B.DANA COMPANY,in office of Librarian of Congress, Washington, D.0.
.14.

NEW YORK, APRIL 15, 1922.
_

VOL. 114.

NO. 2964.

HIS entire publication is devoted to a presentation of the reports of earnings
and expenses of United States railroads for the latest month (February) and
for the calendar year to date, including said month. The table embraces
every steam operating railroad in the country which is obliged to make monthly
reports to the Inter-State Commerce Commission at Washington. Returns are now
required only from carriers whose railway operating revenues, or gross earnings, exceed $1,000,000 per annum.
The figures are a transcript of the sworn returns on file at WashingSworn Returns. ton.
They have the further advantage of uniformity of method
and classification. Every company is obliged to make up its returns on the same basis
and in the same way as every other company.
The "Chronicle" has always made a specialty of weekly and monthly
Earnings
reports
of railroad earnings, and for nearly fifty years its weekly
Our Specialty, and monthly
summaries have been everywhere accepted as authoritative. The present publication is in continuation of this work.
These Inter-State Commerce returns also make it possible for us
Full Details.
to present full details of both the revenues and expenses. Besides
showing total gross earnings, we indicate separately the passenger and the freight
revenues. In the case of the expenditures we report the outlays for both maintenance
of way and maintenance of equipment as well as the traffic and transportation expenses.
We also show the railway tax accruals and the net earnings after the deduction of such
taxes and also the deduction of the comparatively trifling item of uncollectible railway
revenues. In addition, we indicate the net earnings remaining after the deduction of
certain rents, namely equipment rents and joint facility rent. We conclude by giving
the miles operated on which the earnings are based.
The cents we have necessarily been obliged to discard altogether, and
Cents Discarded. if
in any case the results should happen to vary a dollar, one way or
the other, from exact proof, the reason for the variance will be found in that circumstance.

T

.
•

•

•
•

•

absolutely complete, we add statements
Company Returns To make this publication
figures issued by the companies themthe
also
show
at
to
end
the
Also Given
selves, where they are made up on a basis different from that of the
Commerce Commission returns, or where they give additional items of information, or
where, as sometimes happens, figures are issued by the companies in consolidated form,
so as to show results for the system as a whole, instead of each constituent road separately.
and novel publication is entirely
Other Returns The matter contained in this extrareports of earnings we furnish in
comprehensive
the
to
additional
Continued
the "Chronicle" from week to week. All the returns of the leading
roads, and also all weekly figures of gross earnings, are printed regularly and promptly
in the "Chronicle" as soon as received. But in addition we issue once a month—say
about the 15th—this special publication, furnishing a sort of compendium of earnings
in which we bring together all the returns for the latest month which are available.
As in the case of our numerous other Supplements or "Sections,"
Only for
of which are expensive publications, the "Railway Earnings
all
Subscribers,
Section" will be furnished only to "Chronicle" subscribers. These
will receive it free of charge, one copy going with each subscription. It will be impossible to obtain copies in any other way, as none will be printed for general sale.
..
—

WILLIAM B. DANA COMPANY, PUBLISHERS
NEW YORK
90 PINE STREET




136-138-140 FRONT STREET




APRIL, 19221

RAILWAY EARNINGS

3

GENERAL INDEX
TO ROADS APPEARING IN THIS SECTION,
Page
Name—
Name—
Name—
Page
Pape
4 El Paso & Southwestern
Akron Canton & Youngstown
7 New York Chicago & St. Louis
1U
4 Elgin Joliet & Eastern
Alabama & Vicksburg
7 New York Connecting
10
Alabama Great Southern. See Southern_12 Erie
7 New York New Haven & Hartford_ _ _ _10
4 Florida East Coast
Ann Arbor
New York Ontario & Western
10
Arizona Eastern. See Southern Pacific _12 Fonda Johnstown & Gloversville
14 New York Phila. & Norfolk. See Penn 11
4 Fort Smith & Western
Atchison Topeka & Santa Fe
New York Susquehanna & Western........10
4 Fort Worth Den City. See Col.& Sou. 6 Norfolk & Western
Atlanta & West Point
10
4 Ft. Worth & Rio Gr. See St. L.-S. F 11 Norfolk Southern
Atlanta Birmingham & Atlantic
10
Atlantic & St. Law. See Grd. Trk. Sys. 7 Galv. Harrisb. & San Ant. See Sou. Pac.12 Northern Alabama. See Southern
12
4 Galveston Wharf
Atlantic City
7 Northern Pacific
10
4 Georgia
Atlantic Coast Line
Northwestern Pacific
10
Atlantic Steamship Lines. See So. Pac.12 Georgia & Florida
7 Oregon Short Line. See Union Pacific 13
4 Georgia Southern & Fla. See Southern_ _12 Oregon-Wash. RR.& Nay. See Un.Pac_13
Baltimore & Ohio
Baltimore & Ohio Chicago Terminal_ _ _ 4 Grand Rapids & Indiana. See Penn......10 Panhandle & Santa Fe. See Atchison 4
Baltimore Ches. & Atlantic. See Penn _ 10 Grand Trunk System
7 Pennsylvania Railroad and Co_10 and 14
4 Grand Trunk Western
Bangor & Aroostook
Peoria & Pekin Union
11
Beaum. Sour Lake & Western. See New
Great Northern
7 Pere Marquette
11
9 Green Bay & Western
Orleans Texas & Mexico
7 Perkiomen
11
14 Gulf & Ship Island
Bellefonte Central
Philadelphia & Reading Ry
11
4 Gulf Colo. & Santa Fe. See Atchison_ 4 Pittsb. & L. E See N Y. Central
Belt Railway of Chicago
10
4 Gulf Mobile & Northern
Bessemer & Lake Erie
Pitts. Cin. Chic. & St. Louis. See Penn_11
5 'locking Valley
Bingham & Garfield
Pittsburgh Shawmut & Northern
11
5 Houston & Texas Cent. See Sou. Pao_ _12 Pittsburgh & Shawmut
Boston & Maine
11
5 Houston East & West Tex. See So Pac_12 Pittsburgh & West Virginia
Brooklyn Eastern District Term
11
5 Illinois Central
Buffalo & Susquehanna
7 and 14 Port Reading
11
5 Indiana Harbor Belt. See N Y. Central.. 9 Quincy Omaha & Kansas City
Buffalo Rochester & Pittsburgh
11
14 International & Great Northern
Canadian Pacific
7 Richmond Fredericksburg & Potomac.._11
5 International Ry. Co. of Me
Carolina Clinchfield & Ohio
8 Rutland
11
5 Kanawha & Mich. See N. Y. Cent.. _ _ _10 St. Joseph & Grand Isl. See Union Pao_13
Central Now England
5 Kansas City Mexico & Orient RR
Central of Georgia
8 St. Louis-San Francisco
11 and 14
5 Kan. City Mex & Orient Ry. Co. of Tex_ 8 St. L. Brownsv.& Mex.See N.0.T.&M_ 9
Central RR. of New Jersey
Central Vermont
5 Kansas City Southern
8 and 14 St. Louis Merchants Bridge & Terminal.
Charleston & West Carolina
5 Kansas City Terminal
8
See Terminal Association of St. Louis_13
Chesapeake & Ohio Lines
5 Kansas Oklahoma & Gulf
8 St. Louis San Francisco & Texas. See
Chicago & Alton
5 Lake Erie & West. See N. Y. Cent
10
St. Louis-San Francisco
11
Chicago & Eastern Illinois
5 Lake Superior & Ishpeming
8 St. Louis Southwestern
11 and 14
See
Erie
Erie.
Chicago &
7 Lake Terminal
8 St.Louis S.W.Ry.of Tex.See St.L.&S.W.11
Chicago & North Western
5 Lehigh & Hudson River
8 St Louis Transfer
11
Chicago Burlington & Quincy
5 Lehigh & New England
8 San Antonio & Aransas Pass
12
Chicago Det. & Can. Grand Trk. Jct.
Lehigh Valley
8 San Antonio Uvalde & Gulf
12
See Grand Trunk System
Long Island. See Pennsylvania
10 Seaboard Air Line
12
Chicago Great Western
5 Los Angeles & Salt Lake
8 Southern Railway
12
Chicago Indianapolis & Louisville
5 Louisiana & Arkansas
8 Southern Pacific
12 and 14
Chicago Junction
5 Louisiana Railway & Navigation Co__
8 South. Ry. in Miss. See Col. & Greenv_12
Chicago Milwaukee & St. Paul
5 Louisiana Western. See Southern Pac 12 Spokane International
12
Chicago Peoria & St. Louis RR
5 Louisville & Nashville
8 Spokane Portland & Seattle
12
Chicago Rock Island & Gulf
6 Louisville IIenderson & St. Louis
8 Staten Island Rapid Transit
12
Chicago Rock Island & Pacific
6 Maine Central
8 Tennessee Central
13
Chicago St. Paul Minn. & Omaha
6 Maryland Delaw.& Virginia. See Penn..10 Terminal Railroad Assn. of St. Louis....13
Chic. Terre Ha.& South. See C.M.&St.P. 5 Michigan Cent. See N. Y. Central.._ _ _10 Texarkana & Ft. Smith. See Kan. C.So_ 8
Cincinnati Indianapolis & Western
6 Midland Valley
8 Texas & New Orleans. See So. Pao_ ......12
Cincinnati Lebanon & North. See Penn..10 Minneapolis & St. Louis
8 Texas & Pacific
13
Texas
Pac. See South_12 Minneapolis St. Paul & S. S. M
Cino. New Oro. &
9 Tol. & Ohio Cent. See N. Y. Central....10
Cincinnati Northern. See N. Y. Central_ 9 Mississippi Central
9 Tol. Peoria & West. See Penn
11
N. Y. C. 9 Missouri & North Arkansas
Clevel. Cinc. Chic. & St. L. SeeN
9 Toledo .St. Louis & Western
13
Baltimore
See
&
Coal & Coke.
Ohio.. _ - 4 Mis§ouri Kansas & Texas
9 and 14 Trinity & Brazos Valley. See Colorado
Colorado & Southern
6 Missouri Kansas & Tex. Ry. of Texas_ 9
& Southern
6
Columbus & Greenville. See Mob.& 0_ 9 Missouri Pacific
9 Ulster & Delaware
13
6 Mobile & Ohio
Cumberland Valley & Martinsburg_
9 Union RR (of Pennsylvania)
13
Delaware & Hudson
6 Monongahela. See Pennsylvania
10 Union Pacific
13 and 14
Delaware Lackawanna & Western
6 Monongahela Connecting
9 Utah
13
Denver & Rio Grande
6 Montour
9 Vicksburg Shreveport & Pacific
13
Denver & Salt Lake
6 Morgan's Louis. & Texas RR & SS. Co.
Virginian
18
Detroit & Mackinac
6
See Southern Pacific
12 Wabash
13
Detroit & Toledo Shore Line
6 Nashville Chattanooga & St. Louis
9 West Jersey & Seashore. See Penn_ _ _ _11
Det. Gr. hay. & Mil. See Gr. Tr. Sys. 7 Nevada Northern
9 Western Maryland
18
Detroit Toledo & Ironton
6 Newburgh & South Shore
9 Western Pacific
13
Duluth & Iron Range
6 New Jersey & New York. See Erie
7 Western Railway of Alabama
13
Duluth Missabe & Northern
6 New Orleans & North East. See South_12 Wheeling & Lake Erie
13
Duluth South Shore & Atlantic
6 New Orleans Groat Northern
9 'Wichita Falls & Northwestern
13
Duluth Winnipeg & Pacific
6 New Orleans Texas & Mexico
9 Wichita Valley. See Col. & Sou
6
East St. Louis Connecting
6 New York Central
9 Yazoo & Mississippi Valley
13



4

[vol.. 114.

RAILWAY EARNINGS

REVENUE RETURNS OF

UNITED STATES RAILROADS
FOR FEBRUARY AND FOR THE TWO MONTHS ENDING WITH FEBUARY.
In the following we furnish detailed figures of earnings and expenses for February 1922, as compared with
February 1921, and also for the two months ending with February in the two years, of every steam railroad
in the United States which is obliged to file monthly returns of earnings and expenses with the Inter-State
Commerce Commission at Washington.
It should be understood, however, that the Inter-State Commerce Commission now requires monthly reports
only from roads whose gross railway operating revenues exceed $1,000,000 per annum. Prior to the taking over
of the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthly
initurns were required from all carriers having railway operating'revenues in excess of $100,000 per annum.
In the closing page of this publication-page 14-we also give the Company returns where these differ in any
way from the Commerce Commission returns or embrace more facts than are contained in the latter.
Baltimore &Ohio

Ann Arbor

Akron Canton & Youngstown

-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.281921.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
3
$
$
3
$
$
$
$
621.470
154,782
231,304
604.896
299.133
307.564
Freight revenue
69.755
151,298
98.787
3,344
80.421
45,319
2,089
2,688
35,888
1,257
Passenger revenue_ _ 763.828
710,443
173,257
Tot., incl. other rev.
300.337
78.946
314,535
356.512
159.019
95.757
75.998
27,100
42,552
25.636
38.370
13,827
11,207
Expenses--Maint.way
179.234
123.743
35,890
Maint. of equipml_
65.708
35,324
45.918
18.794
18,121
17.925
8,936
8,651.
8,533
Traffic expenses_ _ _
10,916
5.618
3,935
389,130
348,302
82,004
162,917
_84_312
165,726
34,192
42,813
Transportation exp.
712,384
592,961
294,477
1-60700
270.567
173 059
Tot.exp.,incl.oth. --05,913
76,189
51.444
7,24/
117.482
5,866
Net from railroad_
141,476
85.045
73.106
2.75/
35,000
38,400
18.000
17.500
Taxes
19,200
18.000
9,000
9,000
10
113
5
UncollectIble revenue_
Net after taxes, &c_
16,434
78.969.
123,476 -10,753
66,745 -11,645
64,106 . -6,243
Net after rents
32,687 =21.086
91-;-22i -38,124
47,758 =24,13748,018 -33,80/
Aver. miles ofr'd open
293
170
293
170
293
293
170
170
EARNINGS.

Includes Coal & Coke
-Month of February- -Jan. 1 to Feb.281921.
1922.
1.921.
1922.
12.414.188 11.107.544 23,684,360 25,372,151
1,804,807 2,200.138 3,915.565 4,839,514
15,033.672 14,165.359 29.303,432 32.021,511
1.900,272 1.300.098 3,801,034 2,994.057
2,997,327 3,649.244 5,747.323 8,119.864
539,000
588,358
271,123
284.123
6.268,608 7,373.172 12,505,991 16,204,120
12,049,949 13,245,229 23,845.874 29.193,966
_ -2,983.723 -----920,136 -5,457,558 2-:827.545
560.256 1,309,832 1,182.357
654,916
9,435
9,151
4.128
1,466
355.745 4,138,575. 1,635,753
2,327,341
.230
61:426 -3,594.230 -1672,071.125
5,184
5,184
5.235

5 123865 0 Chicago Terminal
Alabama & Vicksburg
Atlanta & West Point
-month of February- -Jan.1 to Feb.28- -Month of February--Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28-

1922.
EARNINGS.
$
Freight revenue
165,889
Passenger revenue_
48.302
Tot., incl. other rev.
230,141
39,084
Expenses-Maint.waY
Malta. of equipm't_
53.903
Traffic expenses.....
9,079
Transportation exp..
90.391
205.781
Tot.exp.,Incl.oth.
Net from railroad....24,360
Taxes
19,730
17
Uncollectible revenue..
4,613
Netafter taxes, &c..
Net after rents
13,941
Aver,miles ofr'd open
141

1921.
$
193,662
54,303
263.416
51.920
80.004
7,882
114,797
268.872
-5.456
7,931
1
113,388
-9,013
141

1922.
$
333.510
106,875
469,667
75,703
106,365
18.019
195,164
422,258
47,406
38,220
34
9,155
19,021
141

1921.
$
425.110
123,776
581.798
116,142
162.654
16.433
254,303
577,791
4.007
23,369
3
-19,365
--5,681
141

.1922.

1921.
$
99,200
75.532
65.833
82,608
184.426
160.008
23.448
25.771
36.386
50.203
7.864
7.700
79.206
71,310
178,642
152,588
7.420
5,784
9,291
15.765
57
-9,981
-1,928
696
-10,172'
93
93

1922.

1921.

192.515
171.194
177.491
131.683
416.061
341,570
58.210
48.283
95.917
86.498
16.012
15.714
176.791
146.931
378.556
324,358
37.505
17.21231.033
18.462
59
6,472
-1,309
12,004
-16,786
93
93

Atchison Top_ & Santa Fe System Atlanta Birmingham & Atlantic

1921.
$

22.
198

181.546
29.638
41.128
1.472
119,624
205,507
--=-23:961
31.169
3,357
-30,083 -58,487
84O69'"2.324
90
90
209.522
25.166
26.201
1,592
134,709
201,850
/:67-2
38.355

1922.
$

1921.
$

393,773
410.607
49,191
37.496
76.438
59,069
3.349
3.614
264,187
277,715
392.413
444,730
18.194 -50.95/
62.338
76,710
3.744
307
-58,823, -117,039
76,017
152,709
90
90

Bangor & Aroostook

Atchison Topeka & Santa re
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.281921.
1921.
1922.
1921.
1922.
1922.
1921.
-Month of February- -Jan.Ito Feb.281922.
$
1921.
s
$
1922.
$
1921.
$
1922.
$
$
3
1,207,839
610.593 1,187.409
473.763
444.167
201.086
605.631
224,249
Freight revenue
8,086,989 8.937,363 16,108.726 18,432.722
150.40163,350
126,103
78,2.18
63.522
72.269
53,568
28,933
Passenger revenue... 3,238,758 3,965,519 6,611,886 8,715,654
675.183 711,063 1,376.649 1,417,235
547.839
299,042
698,080
274,087
Tot., incl. other rev. 12.375,461 13,863,737 24,774.102 29,219,740
274,030
209.129
129,856
191 716
109.863
98,473
106,229
52.002
Expenses-MaInt.way 1,449,213 2,042,235 3.123.803 4,400,450
345,633
257.481
167,547
202.385
172.999
135.867
96.723
84,031
Maint of equipm't_ 3,295,417 4,595.078 6,983.368 9,530,034
8,122
7,790
48.678
4,875
546,711
24,450
42,868
3,532
523,781
21.740
Traffic expenses.._ _
280,294
240.455
546,439
415.680
476,434
260,649
303,167
207,899
207,967
148.782
Transportation exp_ 4,438,826 5,697,059 8,949,652 12,214,816
1,229,739
927,887
985.028
692,726
27.429,907
661,434,
446,533
683
472
12,970,425
20,212,368
323,047
9,747,630
Tot.exp.,Incl.oth.
187.49-6
Net from railroad.._. 893.312 226-07 118.331 448.762
4:561,734 1,789.833 -48,960 =147.-491 -113.595 =282.845
2.627.83175.085
Taxes
81.573
36,767
38,110
36.082
20,344
1.021.400
954,483 2,009,773 1,691.061
41.717
19,000
13
13
4.497
236
12
367
197
1,929
Uncollectible revenue_
13
3,547
3,195
66
Net after taxes, &c_ 1,604.502 -64,718 2,548,766
112,398
367,176
94,275-152,072
-319,848
82,43
-68,026 -168,032
183 667
_
. -_
_ .-_
Net after rents
142,324
-300,143
376.627
82,851
1,585,067 -121,352 2,473,231 -93,496 -78-,644 -1617407 -176.587
186,978
A vet. miles of r'd over.
658
625
639
658
8,828
639
639
8,828
625
8,860
639
8,855
Gulf Colorado & Santa Fe
Belt Railway of Chicago
Atlantic City
-Month of February- -Jan. 1 to Feb.28- -Month of February- -Jan.1 to Feb. 28-- -Month of February- -Jan.1 to Feb. 28-1922.
1921.
1922.
1922.
1922.
1921.
1921.
1921.
1921.
1921.
1922.
1922.
EARNINGS.
$
$
$
$
$
$
3
$
$
$
Freight revenue
137.544
62.254
193.069
1.148.779 1,698,888 2,365.285 3.637.156
100,068
Passenger revenue_..
798.847
119.124
256,866
229,635
338,164
249.042
558,670
109,582
932,055
Tot.,incl. other rev. 1,497,701 2,119,851 3,113,092 4,628.897
830,167
373,370
403.849
495,621
186.703
436.740
215.099
52,713
24,992
56.635
27.504
924.835
64,796
99,914
469,646
139.275
865.884
399.158
44.921
Expenses-Maint.waY
107.774
116,165
46.528
Maint. of equipm't92.196
48,594
2,185
459,847
624,240 1,002.292 1,263,857
55.795
35.665
3.129
2,485
1.145
Traffic expenses_
5,533
2.187
87.857
7.603
38.400
44,129
80,202
2.883
4,252
444,715
502.352
210,391
339.898
397.823
218,110
186,084
541,931
811,165 1,131,437 1,868,542
169,118
Transportation exp.
627.125,
699,084
292,852
637,665
..1,282,673
456,745
313.038
Tot.exp.,incl.oth: 1,516,565 2,017,878 3.229.967
303.699
257,205
131.083
304,930
80.518
Net from railroad..... -18:864
346,224 -42.106 -116.994 -20,005 -233,816
182,583
101,973 -110375
51,762
63,468
26.995
Taxes
35.772
150,921
38,497
30.674
17,886
76,984
84,584
19,248
73,469
5
23
405
5
229
211
562
Uncollectible revenue.
241,402
79,321
53,523
151,909
194,898 -61,354 -134,887 -58,525 =269,593
Netafter taxes. &c.. -92,562
24,778 -202,021
Net after rents
285,121
266,315
13-2,987
32.979 -77.131 7=158,191 -77,016 =314,786
-198.985 -56,502 -402,664152,7-61
31
32
Aver. miles ofr'd open
31
32
1,007
1,907
177
176
1,907
177
1,907
176
Panhandle & Santa Fe
Bessemer & Lake Erie
Atlantic Coast Line
-Month of February- -Jan.1 to Feb. 28- -Month of February-. -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28.
1912
1921.
1921.
1922.
1921.
1922.
1921.
1922.
1921.
1912.
1922.
EARNINGS.
$
$
$
$
$
3
$
$
$
1,931 1,046.330 1,724.882
6'
1
8
Freight revenue
179
413.928
488,380
809,075
535.961
993,550 3.886,754 3,994,206 7,311,853 7,865,958
41,240
Passenger revenue
59,01189.669
27,619
84,454
115,815
187.482
258,858 1,756,628 1,991,803 3 280 299 4,113.669
_
848,261 1,139-;188 1,858,897
Tot..incl. other rev.
530,142
636,904 1,058,626 1,318,164 6.006.666 8.322.951 11,300,710 12,774.003
579.384
130,530
122.494
242,736
Expenses-Main t.way
195,702
292,906
898,675 1,269,135 1,812,034
80,822
120.155
58.134
636,009
493.526
540.930
Meant of equipm't_
950,627
305,997
588.698 1.115,552 1.206.912 2,071,726 2,553,493
197.728
407.435
254,305
17.731
Traffic expenses_
27,710
32,760
7,243
12,782
14.696
5.761
107,227
231,962
221,234
11,756
123,206
378,688
Transportation exp.
807,432
484,212
400.670
523,730 2,117,331 2,827.581 4.414,581 6,026,078
183,018
237.303
232,903
484,925
696.332 1.053,172 1,467.826 4,171.022 5,226,696 8.352,71410,993,604
589,995 1,051,680 1,238,333 2,102,413
Tot.exp.,Incl.oth.
Net from railroad
5,454 -149.662 1;835,-644' 1,096,-258 2,947,996 1,780.489 -10,611 =203415 =99.148 -2401-5
46.217 -59428
.Taxes
16.525
65,400
22,814
18,276
45,627
36,770
33,050
500.000
32,700
250.000
600,000
250.000
193
14
78
98
Uncollectible revenue.
98
20
1.433
15,972
61
189
9,519
2,609
-219,958
Netafter taxes, &c_
-164,738
22,_325 -77,802 ._-40 234 -186,530 1,576.125
. 1.277,880 -43 500
844.822 2A32,024
-276„01
Net after rents
-I9- .356 -117,056 -120,262 -2747200 1.489.383
673.869 2.267.590 1,01-4,650 -16,270 -119,746 -121,852 -80,5A
Aver. miles of r'd open
225
857
225
857
4,923
857
857
4,923
225
4,889
225
4,889
EARNINGS.




I=

• G.--

-

.
ESE=

APRIL, 1922.]

5

RAILWAY EARNINGS
Bingham & Garfield

Central New England

Chicago & North Western

-Month of February- -Jan.1 to Feb.28- -MentholFebruary--Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.281921.
1922.
1921.
1922.
1921.
1922.
1921:
1922.
1922.
1921. I
1921.
1922.
EARNINGS.
$
$
$I
$
S
$
$
1
$
$
$
$
14.460.217
13,487,592
1,264.995
6,909,316
6.853.601
664.573
1,048.441
569.011
39.187
19,151
18,754
9,364
Freight revenue
52,442 2.077,869 2,868,927 4,390,385 5.956.345
24,776
36,616
17,091
1,872
2
549
Passenger revenue
713.604 1,143.242 1.374.217 9.897,064 10,656,697 19.871.881 22.446.293
615.168
44.087
19.500
20,575
9.618
Tot.. incl. other rev.
184.785 1,053.122 1,110.623 2.085.172 2.482.217
82,468
144.293
72.486
36.404
26.089
15.365
Expenses-MaInt.way
18.170
229,674 2.247.216 2.944.008 4.722.559 6,522.063
98,020
171.038
10.830
70,190
4.875
5.725
3,108
Malin. of equIpet_
333.687
7,589
311,124
145.854
155.072
9,054
5.023
3.745
3.891
2,547
1.207
910
Traffic expenses_ ....
551,327 4,961.198 5.629,316 10,199,259 12,183,854
256.467
410.824
183.043
7.769
10.342
23,466
4,495
Transportation exp.
18,078.605 22,174,9
343,213
466,262
760.283 1,005,706 8,772,645 10 288,109
.
73,798
61.261
36,976
Tot.exp.,Incl.oth.
31,156
• =.
368.588 1,793.276. -28.640
368.511 -1.124;419
257.34
382.954
271.955
-21.538 -167401 -47,761 -29,711
Net from railroad
729.220
1,460,000 1,560,000
780,000
41,750
20,875
44.131
22,073
8.117
12,091
4.044
5,762
Taxes
2,589
9,306
11,449
614
72
6
59
Uncollectible revenue.
385,893
-412,026
321,827 -1.591,229
326.689
236,408
338,822
249,882
Netafter taxes. &c. --27,300 --20.445 --53.852 --37,828
158.-493 11.705,176
186359 -='309.797 -425;61-5
284,354 "
146.346.
228.595
--8,341
--44.466
--21T482
Net after rents
8,402
8,402
8,402
8,402
301
301
295
295
35
35
35
35
Aver. miles of r'd oper.

.
2

Boston & Maine

Central Railroad of New Jersey

Chicago Burlington & Quincy

Brooklyn Eastern District Term.

Central Vermont

Chicago Great Western

-Jan.1 to Feb.28-Month of February--Jan.Ito Feb.28- -MentholFebruary- -Jan.1 to Feb.28- -Month ofFebruary1921.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
3
$
$
$
$
$
$
8.64,784 17,861.628 18.721,101
3,760,802 3,552,196 7.217,043 7,285.760 3,231,678 3,001.048 6,290.741 6,291,902 9,321.477
Freight revenue
607,232
638.012 1,249.585 1,328,731 1.911,520 2,474,590 4,051,431 5 3?5.487
1.608.048 1,728,923 3,359,748 3,622.712
Passenger revenue_ 12,126,673 23./44,016 26.126.472
Tot., incl. other rev. 5.925.754 5,778.757 11.695.299 11.899,020 4.045.016 3,807,710 8.014.923 8,012.381 12,082,472
852.158 1.960.879 2,188.579
888.536
753.380
790.093
358,239
384.238
Expenses-Maint.way
821.608 1.347.637 1,691.477 2,543,937
888,367 2,538.986 2.251.843 2,687,105 2,725.223 5,457,590 5,649,275
Maint. of equipet_ 1,105.275 1,626,505 2.329.232 3,227.272 1.339.446
359.561
364.590
168.868
182,579
66.947
64.657
30,562
35.497
73,184
132.442
103.688
_
48,825
Traffic expenses_
Transportation exp. 2,947,260 3,504.033 6,041,918 7.515,374 1,597.352 1.800,340 3.321,443 3,844,637 4.593,265 5.265.032 9,558.623 12,000.198
21,3,18,686
18.z31,092
9.535,863
8,750,997
7.202,741
3,219,990
6.952,642
3,460,559
10,660,589
14,033,489
6,825,177
Tot.ex p ,Inci.oth. 5.151,146809.640 3,331.47A 2,-691.811 5.513.52T 4.817,784S
587.720 -1.062.28l
4-80 =5847457
-72,134..034.716 774.608 -1,046.420 -1Net from rallroad___
875.386 1,835.819 1.600,858
548.256
922.744
325.985
515.625
242,870
253.446
506.362
326.682
163.291
Taxes
8.456
5.518
1.424
8
Cr15
226
6
490
227
30
537
12
Uncollectible revenue_
261,376 2,408,746 1.714,000 3,676.187 3.408.474
546.430..
261,720
541.354
708,098 '&4k3
611.305 -1,300,356
Net after taxes. itc_
2,806,19T
3,555.701
2
1.494.333
-7
424,031
,101.61,1t
322.947
508.012
182,549 -3,027.757 =
314.013
-346.846 =147778.56
Net after rents
9,389
9,393
9,389
685
9,393
685
685
2,300
685
2.287
2.300
2,287
Aver. miles of r'd oper.
EARNINGS.

-Month of February- -Jan.1 to Feb.28- -Month of Feoruary- -Jan. 1 to Feb. 28- -Month ofFebruary- -Jan.1 to Feb.281921.
1921.
1921.
1922.
1922.
1921.
1922.
1922.
1921.
1922.
1921.
1922.
EARNINGS.
$
$
$
3
$
$
i
2,717,550
2,465.61E4
1,289,818
1,30.5,038
645,588
316.384
95.810
687.463
364.780
226.811
172.153
118.698
revenue
Freight
872,437
660.706
404,807
313,297
214,571
179,397
103,764
85,543
Passenger revenue
103.034
924.278 1,745,349 1,812.643 3,375.837 3,848,940
951.546
457.272
242.078
189.501
491.309
127,168
Tot.. Incl. other rev.
365,619
294.250
164.996
5.204
131,378
147,253
98,971
45.314
65,327
10,592
10.095
6,167
Expenses-MaInt.way
468.346
941.460 1,002,886
281.544
22.634
441.109
199.974
35.344
123.636
36.497
100.625
11,198
Maint. of enuipm t_
140,263
128.366
68,811
354
21.638
64.527
24.328
438
9,493
13.809
796
338
Traffic ex penses_ _ _
823.171 1.666.078 1.829.590
736,064
42.221
549.981
804.962
96,370
359.255
84,722
263.425
54,428
Transportation exp.
74,715
928,301 1,210,754 1.5t3.208 1.601,350 3.165,572 3,504,511
151,999
579.733
144.195
451.663
76.608
Tot.exp.,Incl.oth.
210:7X 9-44,426
208,2-3
28,319
90.070
23.241 --286-.476
222.141
45.306
39.646 -122.461
=- 50.560
Net from rallroad..
164,955
173.709
41,800
83,202
33.900
6.889
90.400
12.698
20.900
1:3,133
16.950
6.349
Taxes
721
577
686
28
284
57
4
27
Uncollecti hie revenue_
178,753
35.979
124,405
21.430
-328,304
.
7143,388
131.457
77.38k
-10,714
32,173
22,692
44.211
&c.
taxes,
Net after
54.752 -181,97 ""-- 50,6
3-23
21,550
W231
77,381
.-067
32,293
-3,961 -146.691 --57:
44,211
Net after rents
1,496
9
1,496
413
1,496
9
9
1,496
413
413
413
9
Aver. miles of rd oper.

1-6-71-613

Buffalo & Susquehanna RR. Corp Charleston & Western Carolina Chicago Indianapolis & Louisville

-Month of February- -Jan. 1 to Feb. 28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 281922.
1921.
1921.
1922.
1921.
1921.
1922.
1921.
1922.
1921.
1922.
1922.
$
S
$
$
$
$
$
$
$
$
$
$
383.566
200.790
343,878
767.517 1.719.501 1.620.667
382.385
194.488
417,017
905,518
189.410
182.636
Freight revenue
443,940
93,061
7,230
12,780
230.109
507.356
72.303
205,274
15.953
36,562
43.353
6.126
_
revenue__
Passenger
210.715
364.195
253.566
475.596
508,050 1,204.058 1,090.648 2,350.550 2,320.443
438.262
239.102
192.347
Tot.. Incl. other rev.
28.178
3:3.510
215.043
127.279
107.171
234.191
58.281
79.025
75.219
64,597
119.216
33.604 •
Expenses-Maint.way
109.553
657.134
307.514
512.509
133.442
111.328
256.290
65.458
90,004
44.582
226.675
48.:393
Maint. of eouipm't_
3,224
32.479
68.107
64.831
14.266
4.758
12.826
37.135
6.495
6.120
6.642
2,673
Traffic expenses_ _ _
70,409
490.288
921.468 1,064,163
118.701
230,386
301,504
148,982
450,090
160.934
115.567
60,023
Transportation, xp_
226.10/.
311.101
1,830.009
2,102.490
591,370
984,665
293,198
424,728.
907.459
489,609
206,160
147.618
.oth.
Tot.exp..incl
53,094 -51.347
105.983
217.955
520.541
50.868 -83.320 44.729 -15.392
298:608
32.942 -39.632
Net from railroad_ _ _
6.000
92,418
105.137
46.209
20,000
6.500
22.000
53.858
10.450
10,000
3.250
11.000
Taxes
205
14
120
55
174
205
46
80
---Uncollecti hie revenue.
415,199
-21.392
125,415
46,594 -61,797
28,694. -103.375 _242,545
21,862 -49,678
41,479
Net after taxes. &c_
...... 59,760
_
26,072
220.638
-32,662
-4.008
-110,514
.--91.656'
-43.670
21,456
22,113 -52.192
=-62.996
'
Net after rents
253
654
654
253
657
342
657
342
342
253
253
342
Aver. miles of r'd oper.
EARNINGS.

136.100

Buffalo Rochester & Pittsburgh

Chesapeake & Ohio Lines

Carolina Clinchfield & Ohio

Chicago & Alton

Central of Georgia

Chicago & Eastern Illinois

Chicago Junction

-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.281922.,
1922.1921.
1921.
1922.
1921.
1921.
1922.
1922.
1922.
1921.
1921.
EARNINGS.
' s
$
$
$
$
$
$
$
a
$
$
1.114.603 932.995 2,169.604 2,085,124 6.081,352 4,141.136 10,945.290 9,853,739
Freight revenue
149.500
264,719
123,984
857,707 1,414,890 1,898,469
322,782
649.082
Passenger revenue
372.645
826.794
796.205
434.342
Tot.. incl. other rev. 1.297.711 1,112.440 2,51-5,139 2.481,157 6,980.645 5,271.089 12,870.187 12.397.187
119.837
59.675
75.664
119.734
39.008
101.199
227.225
286,064
862,994 1.325.682 1,734,368
725.669
Expenses-Maint.way
344.980
49,058
77.804
755.9:37
97.390
37,986
373,809
725,711 1,642,641 1,749,281 3,158.344 3.867.441
Maint. of equipml.
16,838
1.371
212
439
29,601
607
133.265
62.483
1:36.096
13.530
36.562
71.408
Traffic expenses.-.
576,048
4'14.279
194.997
954,618 1.263.122 2.66:3,078 2,529,076 5.039.890 5,668,184
427.113
484,918
202,785
Transportation, xp1.103.614
314,722
579,003
668.634
2,044,239 2,404,400 5,267,702 5,395.098 10,004,689
. 11,784,691
290.572
Tot.exp-incl.oth. 1,010,195
_
8,826
247,791
287,516
57.925
470.90d -76.757 1,712.943 -124.009 2,865,498
612.496 =143.770
127.57f
Net from railroad__ -- 35.000
35,000
3.503
459.620
7.006
70.000
79.733
535,000
54.173
70.000
229,810
267.500
Taxes
446
3,414
3,414
3.497
2,110
237
1,823
1,420
Uncollectible revenue_
-26,174
252,516
400,454
61
149,379
51,006
168.058
117.12,328,388
acc..
89,597
-355.239
6.520
1,443,620
taxes.
Net after
---__
161,633
430.981
117,204
328.541
266,754
270,303
168,396
375,077 1,439,885 -556.638 2,468.036 -64.902
Net after rents
689
12
589
589
12
12
12
2,548
2,541
2,542
589
2,548
Aver. miles of r'd oper.
-Month of February- -Jan.1 to Feb. 28- -Month of February- -.Ian. 1 to Feb. 281921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
$
$
$
$
$
$
$
$
456.650 1,098.224 1,053.782 1.975.214 1.53.5.678 3,777.416 3.371.582
54:3.331
Freight revenue
39.288 ' 68,316
31.902
911.562 1,121.944
516,536
88.090
423.991
Passenger revenue_ _
509,812 1,182;212 1,172.856 2,561.439 2.184,527 4,988.919 4.784.527
583,132
Tot., incl. other rev.
99,274
67.642
54:3.012
137,648
262,235
394,765
195.366
161.913
Expenses-MaI n t. way
156.857
134.811
26:3.848
336,516
709.387 1,255.957 1.471.297
6:31.627
Maint. of equipm't.
22,992
104,780
44.332
21,464
47,219
114.513
54,893
51.156
Traffic ex penses_ _
174.259
155,645
318.800
399,303
942,552 1,072,552 1,939,121 2,323,910
Transportation exp_
473,719
795.921 1,021,709 1,848.538 2,175.530 3,837,184 4,596.189
395,400
Totam p I nel.oth.
36.093
386,291
188,338
-8.997 1,151,735
151,057 .=-187,732
712.901
Net from railroad
30,000
40,000
120.000
80.000
60.000
150.000
60.000
75.000
Taxes
:362
129
22
3,622
614
429
3.320
303
Uncollectible revenue_
5,731
147,710
306.162
64.716
90,628
637,598 -754,323 _1,001.121
Net after taxes, &c..
110,90i
383.
91,188
1
1T
4
66
-233:466
-44,736
6
"71272
-- --471,007 -198.234
'
Net after rents
291
•
291
291
1,050
1,050
291
1,050
1,050
Aver. miles of r'd oper.
EARNINGS.

EARNINGS.
Freight revenue
Passenger revenue....
Tot.,incl. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses...
Transportation exp.
Tot.exp-inci.oth.
Net from railroad_ _
Taxes
Uncollectible revenue_
Net after taxes, &c...
Net after rents
Aver.miles of r'd over.

Chicago Milwaukee & St Paul

Incl. Chic. Terre Haute & Southeastern
-Month of February- -Jan.i to Feo. 28-1922.
1921
1921.
1922.
7.773.932 7.115.596 15.728.834 15.127.808
1,620.974 2.056.291 3.496.290 4,428,604
-9.901
10.402,775 10.152.245 21.275.022 21.7-3
875,226 2.580.581 2.082.851
1.436.124
3.059,999 2.98:3,243 6,302.071 6,567.995
367.321
333.112
171,266
197.098
5,072.445 5.733.021 10,328,079 12,054,134
10,109.667 10,202,433 20,344,754 21,951,840
293.108 -50.188 - 930.268 -211.930
719.401 1,597.408 1,438.802
798.704
10.031
2,453
5,287
1,119
-510,883 --770 708 -677 171 -i.65394
-877,018 -1,083.047 -1,343,805 -4-297,051
10.606
11,030
10,606
11,030

Chicago Peoria & St Louis

-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 281921.
1922.
1922.
1922.
1921.
1921.
1922.
1921.
1921.
1922.
1921.
1922.
$
$
$
$
$
$
$
$
$
•$
i1.597
32%.836
263,757
169.7,16
1,109,877 1,136,761 2,061.425 2,191,552 1,636,725 1,483,542 3.159.033 3,386.544
494,435
20.550
26,236
42.481
56,288
389.824
795,004 1.057,202
926.754
717,562
332,192
426,648
202,943
150,123
394,120
334.063
1,647.207 1,786.366 3,154,094 3,575,211 2,085,918 2,119,674 4,141,553 4,673,616
300.730
• 38,921
21,094
17,685
46,847
225.825
444,346
514,791
411.924
616,408
230.664
198,554
387.892
52.613
89.414
124,784
47,113
640.434
789.949
878,512 1.02:3,631 1,804,311
490,732
• 312.417
59.474
9.082
4,596
10,028
4.358
71,759
85,382
130.392
122.085
81,955
44.609
34.425
658,101864.905 1,30,820 1,807,173,
231,087
113,528
104,007
231,066
991.657 1,671,698 2.197,286
815,813
190.125
392.682
196,447
435.484
.732,962 3,503,449 1,627,396 2.219,390 3,344,073 4762,i39
1,340,362 1,892,951
93.349
1.438 --101,421
--40,662
421,132
797,480 -88,523 n=,7§714
71,762 -.458,522 -99,725
306.845
89,612
7,119
19,000
14,281
9,500
164,304
170,000
170.000
85,000
172,558
85,000
84,701
285
16
42
2,467
3
664
1,319
802
432
203
365
3,452
--3.007 --47.121 --17.578 --115,744
254,361 -101,228
. -259,187
229,825
373,319 -185.090
626.678
1,304
-3 --169516
41M
=".
'
310,227' -79,288
251,433
317,427 -239,393
677,921 -192,413 --26,441
247
1,913
246
246
247
1.913
1,130
1,913
945
1.913
1,130
945




6

RAILWAY EARNINGS
Chicago Rock Island & Gulf

[voL. 114.

Colorado & Southern (Concluded)

Detroit & Toledo

Shore Line
-Month of February- -Jan.1 to Feb.28Wichita Valley
-Month of February- -Jan.1 to Feb.281922.
1921.
1922.
1921.
-Month of February- -Jan.1 to Feb.281922.
1921.
1922.
1921.
$
$
$
$
1922.
1921.
1922.
1921.
Freight revenue
329.114
405,872
680,196
858,218
69,232
90,944
146,141
206,929
359,159
176,267
625,566
381,577
Passenger revenue.._ _
72.357
104,436
150,814
225,341
17.259
26.695
39.847
60,090
Tot..Ind. other rev.
436,801
538,187
907,113 1,142.066
92.929
122,549
198,810
279,812
361.397
181,460
629.256
390.844
Expenses-MaInt.way
43,981
75.929
108.860
177,563
20,154
17,991
47,326
66,432
16,910
16,455
34,529
31,717
Maint. of equipm't_
71.558
91,113
174,011
203.523
11,255
14.599
22,846
27,170
22,738
28.602
40.581
55,895
Traffic expenses
13.088
12.514
26.805
26.491
54
25
145
158
2,064
2,556
4,546
6,619
Transportation exp_
202.963
268,169
421,940
602.642
42,182
62.727
87,656
137,417
98,525
79.629
187,133
123,660
Tot.exp..incl.oth.
346,678
464,648
761,532 1,045.961
75.037
96,798
158,105
234,275
147,25Q
134,653
280,342
231,404
Net from railroad.___ _
90,123=
73.530145,581
96,105
-"
.57761
0:70g45T537 214.147
46,807348,914 -459744d
Taxes
11,150
13.700
25,300
27,400
5,840
6.074
12,190
10.857
14,000
10,000
28,000
20.000
Uncollectible revenue_
550
104
534
372
51
88
60
119
Net after taxes, &c_
78,423
59,735
119,747
68,333
12,001
19.589 .
28,455
34.561 _200,147
36,807
320,914
139.440
Net after rents
62,820--357190 ----82T4213=
30.140
2,660
9,313
10,82'
9,680 116,82i
10,696184,74g --86.9513
Aver. miles of r'd oper.
461
461
461
461
256
255
256
255
61
61
61
61
EARNINGS.

Chicago Rock Island & Pacific Cumberland Valley &Martinsburg

EARNINGS.
Freight revenue
Passenger revenue.._ _
Tot.. ine.l. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses.. _ _
Transportation exp_
Tot.exp..ineloth.
Net from railroad.._ _ _
Taxes
Uncollectible revenue_
Net after taxes. &c_
Net after rents
Aver. miles of r'd over.

Detroit Toledo

& Ironton
-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Month of February--Jan.
1 to Feb. 281922.
1921.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
$
3
$
$
6.121.492 6.511.895 12.031.841 13.538.553
96.163
110.000
186.648
232.300
598,624
163.897 1,020,031
385,082
1.794.187 2,251,519 3,820.468 4,873,001
5.866
3.189
12.419
9.748
8.730
14.848
18,232
29,025
8.532.715 9.395.340 17.100.951 19.835.567
104,369
115.517
203.558
248.701
616,586
190.172
1,056,022
438,597
1.187.147 1.179.228 2.473.654 2.819.586
5.346
10.014
11.990
20.767
71,356
72,249
117,511
175.839
1,821.865 2.034.654 3.847.396 4.461.729
16,099
23,896
33.079
53.479
106.233
74,729
187,358
155,661
164.763
174.911
344.813
352.738
615
656
1.577
1.319
7.131
6,529
11,491
13.951
3.874.315 4.397.476 8,027.859 9.647,683
30,992
41,186
60.821
96,764
220.137
126.741
412.483
285,967
7,275.544 8,094,261 15,181.492 17,910.033
55.285
77,726
112,098
175.968
422,437
295.094
764,464
665.100
T257:171 1,301:076 -1.9197459- -1:925.534
40.0rt
37.79i9174-6o'=72.733 -194,140 =-104.922=291-.55g =226,50
525.736
469.955 1,040.608
927.828
3,199
2.774
7.492
6,498
14.900
9.770
28,428
19,540
552
1.425
2.109
2.221
2
2
15
230
730.883
829,699
876.742
995,485
45.883
35.017
83,966
179,249 -7114,707
66,235
263,130 -146,273
4897346.3-96T151
35-6-740
242.691
41.769
2r351- 53-47
131,538
54,524 154,691 '=311,370
7,662
7,661
7.662
7,661
33
33
33
454
454
33
454
454
Chicago St Paul Minn & Omaha

Delaware & Hudson

Duluth & Iron Range

-Month of February--Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.28- -Month of February--Jan.1 to
Feb.281922.
1921.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
3
$
$
$
$
Freight revenue
1.370.685 1.382.708 2,745.527 3.028,222 3,208.578 3.150.653 6,018.922 6.7E37.317
6.417
201.727
13.127
34.141
Passenger revenue_
442.086
559.352
914.721 1.188.279
253.423
275.535
551.638
15.127
592.750
27.844
31.883
61.321
Tot.. incl. other rev. 1.921.077 2,064.651 3.893.668 4,464.836 3.807.685 3,578.416 7,221.609 7.660.763
93.282
260.618
193.070
459,268
Expenses--MaInt.way
241.536
184,392
525.545
391.845
359.005
480.277
744.340
46.551
892,954
64.362
88.450
132,443
Maint. of equipml..
322.939
621,421
749.095 1.100.870
868.318 1,132.480 1,762.309 2.346.295
86.942
125.900
168,917
237,233
Traffic expenses_ ....
31.645
36.812
66.764
72.232
42.537
42.041
' 84.822
883
79.363
1.853
2.0132.861
Transportation exp. 1.011.120 1.234.713 2.098.547 2.555.413 1,361.044 1,755,824 2,761,421
103.869
3.673.215
192.865
213,151
380.525
Tot.exp..incl.oth. 1,685,943 2.169.737 3,598,907 4,398.841 2,823.573 3.589.378 5,747,475 7,358,143
255,065
410,328
504,446
799.517
Net from railroad
=
235:134 -105:08g 294767f
65:995
984,112---1-079n 1,474.137 --302:820 -0E181 -149.714 7
-1-1173-7' -=-340724-3
Taxes
129.268
127.321
253.852
262.481
85,674
84,087
154.874
226,800
6,207
21,008
12.748
33.164
tincollectible revenue_
Cr189
3.495
654
4.725
12
Cr3
35
63
Net after taxes. &c..
106,055 -235.902
40,165 -201,211
898,438 -95.049 1.319,248
75.823 -167,9.90 -170,753 -324,124 -373.476
Net after rents
70.508 `=301.-60d =147895 =-281,849 888
9347231
i38
1,384.3?
136002
71
:32100S
7:=-3861-33
Aver. miles of r'd oper.
1,749
1,749
1.749
1.749
887
880
887
294
880
291
294
291
EARNINGS.

=-1.6373n =1767006

EARNINGS.
Freight revenue
Passenger revenue.._ _
Tot.,incl. other rev.
Expenses-Maint way
Maint. of equIpm't_
Traffic expenses.. _
Transportation exp.
Tot.exp„Ind.oth.
Net from rallroad..__ _
Taxes
UncollectIble revenue..
Net after taxes.
Net after rents
Aver. miles of r'd oper.

Cincinnati Indianapolis & West Delaware Lackawanna & Western
-Month of Feoruary1922.
$
287.918
44.638
349.416
32.424
72.305
12,745
161.920
304,349
4506
13.542
31,525
7,304
321

1921.
$
184.817
52.369
245.671
33.007
81.288
14.378
142.351
296.888
5i21
15,343
17
-66,577
-68,951
321

-Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.281922.
1921.
1922.
1921.
1922.
1921.
$
3
3
•
3
$
3
541.566
401.897 4.456.779 4.599.371 8.83.523 9.719,089
94.062
115.383
963.252 1.031.842 2.042.286 2.206,955
669.495
542.562 6.072.949. 6,168.813 12.266.540 13.103.861
69.315
73.825
505.135
656.367 1.064.243 1.227.468
142.739
165,085 1.342.247 1,636.461 2.714.680 3,316.899
22.740
28.333
107.077
103.722
218.162
209.012
321.369
302.515 2.512.5110 3.114,876 5.2'37.611 6.539.161
602,688
626,222 4,671.284 5.747,533 9.678.260 11,768,602
67807 -=83.660 -177
4017681
421728d 27588286 T335.259
29.016
32.963
476.495
380.126
952.990
760,253
17
666
56
1.314
' 63
37,791 -116,640
924.504
41.098 1,633.976.
574.943
-4,27f 7=114.894 925,515
89.080 -1,609,478 660.649
321
321
994
994
994
994

Colorado & Southern System

Denver & Rio Grande

Duluth Missabe & Northern

-Month of February- -Jan.1 to Feb.281922.
1921.
1922.
1921.
3
51.107
131.248
121710
268,103
34.925
53.124
73.112
113.068
98.430
208.037
224.685
425,180
183.663
79.941
147.356
300,295
112.191
210.146
238.092
426.518
2.493
3.344
5.636
5.389
141.191
197.322
288.292
382,299
356,879
617,542
723,375 1,160,473
8,
--4,4 -4007505 -498.69 - 35.293
-2563,108
14,581
108,282
29,212
5
6
-321.562 -424,086 -606,978 -764.505
-323,7i)'-42L23 -66-87256=7. 68,85f
405
406
405
406

Duluth South

Shore & Atlantic
Colorado & Southern
-Month of February- -Jan.Ito Feb. 28- -Month of February- -Jan.1 to Feb. 28-Month of February- -Jan.1 to Feb.281922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
1922.
1921.
1922.
1921.
$$
$
Freight revenue
781.325
724.080 1,474.862 1.840.763 1,727.008 1,808.866 3,542,963 4,095.891
155,688
2747,039
310.662
510.008
Passenger revenue_
126.133
203.640
273.105
377.957
351,187
454,877
712,403
65,545
980.699
85,148
152,455
197,587
Tot.,incl. other rev.
993.525 1,880.358 2,372.722 2,214,113 2.413.107 4,546.092 5,394.486
978.526
247,795
388,237
515.586
771,07-3
Expenses-Malnt.way
64.516
92.518
170.962
211.479
306,556
254,239
585.456
47.467
564.546
48,991
91.439
126,151
Maint. of equipml_
220.601
328.029
486.672
663.660
374.325
853,825
741.680 1.716,833
63,296
98,128
121,099
228.569
_
Traffic
14,836
12.150
32,004
23.306
. 46,557
37,445
6,262
88,479
83.987
8.502
14.048
15.651
Transportation
expenses_exp.
380.615
391,362
751.714
854.004.
787,031
918,865 1.640,890 2,006,735
167.898
230,765
351.431
479,258
Tot.exp..Incl.oth
730,436
882.518 1,544,344 1,874,968 1,626,668 2,189,927 3,291.287 4.636.434
300,249
407.691
611,065
893,5N
Net from railroad...._ _
248:401
.--0-01
111497,7a
587,445 • 223.180 -1,254,80d
- 758.052 -52,454 -19.354 -45.479'•=122,48d
Taxes
64.182
83,908
128,365
157,268
155,000
150,000
310,000
27,000
284,000
25.000
54.000
50,000
Uncollectible revenue..
118
93
379
780
251
80
474
244
Net after taxes, dtc_
183,790
27,006
207,276
339,706
432,194
73.100
944.331
473,808 -79,454 --44,354 --149,479 --172,486
Net after rents
16373
01 "--1-1374-01
189.43T
4347394
143.710 1,016.385 461.368
590,783 --80,660 -64-A84 7=152.53g 774202,591
Aver. miles of r'd oper.
1,099
1,099
1.099
1,099
2.593
2,585
2,593
. 591
2,585
591
591
591
Fort Worth & Denver City
Denver & Salt Lake
Duluth Winnipeg & Pacific
-Month of February- -Jan.1 to Feb.28- -Month of February--Jan.1 to Feb. 28- -Month of February-Jan.1 to Feb. 28EARNINGS.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
3
$
$
$
$
Freight revenue
500.627
571.816
962,822 1,284.966
113,316
140.715
205,772
126.545
314,441
274.052
265,978
548,403
Passenger revenue..
142.844
194.607
319,441
438.669
13.720
17,742
16.747
28,583
38,256
41.775
37,427
85,764
Tot..Ind.other rev.
679.007
799.292 1,351,838 1,805,505
134,881
167.639
249.450
148,250
369,610
322.054
316.427
649,147
Expensee-Maint.way
68,576
76,882
149.589
170.911
20.745
41.364
40.056
22.947
88.708
27,533
45.320
55,070
Maint. of equipm't_
142.781
162.653
292.024
401.438
39,267
74,616
63.183
43.740
159.972
58.892
78.204
95.784
Traffic expenses
9.642
10.661
21,678
23,149
911
940
5.868
1.756
2.142
5.908
11,296
11.391
Transportation exp_
239,393
323.926
502,568
773,168
53,889
90,620
100.361
79.655
207,768
155.645
160,841
309.798
Tot.exp.,Inci.oth.
502.699
620,509 1,050,579 1,459,323
120.786
215,709
217,586
157,824
473,761
258,585
306,789
499,243
Net from railroad
--T78780-8
178,7§1
3
-01:2-59
3457182
14,095 77
---48.07031.864 =104,151
-97571=
63:464
9,63'=
1-49.90i
Taxes
32,077
31.663
63,718
63,326
9.000
8,000
18,000
7.416
16,102
16,000
15,827
32,458
Uncollectible revenue..
48
195
66
468
7
6
1
111
11
7
54
Net after taxes. Ac..
144,183
146,925
237.475
282.388
5,095 -56,077
13,858 -120.262 -16,991
47,356
-6,196
117,392
Net after rents
-1,- ,-66-1
175,871
249,155315-,758
9
,597
-21
51
;664
23,07g =118,024
46-,51/ =
:--10,420'=115.74d
Aver. miles of r'd oper.
454
454
454
454
255
255
255
178
255
178
178
178
Trinity & Brazos Valley
Detroit & Mackinac
East
St
Louis
-Month of February- -Jan.1 to Feb. 28- -Month of February--Jan.1 to Feb. 28- -Month of February- Connecting
-Jan.1 to Feb. 28EARNINGS.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
3
$
$
$
Freight revenue
294.017
151,096
720,116
318,533
61.821
86.622
127.286
161.067
Passenger revenue...._
20,635
14,812
44,942
37,158
22,074
25,431
52.410
62,785
Tot.. incl. other rev.
327,787
172,913
791,599
420,871
91,953
120.943
195.217
131.302
115.445
241.227
263.115
256,775
Ezpenses--Maint.way
72.898
47,741
181,103
105.298
19,726
27,598
38.990
10,082
19.977
48.304
25,092
43.491
Maint. of equIpm't..
57,362
49,761
137,973
109.420
46,708
36.363
98.260
8.207
9,478
90.824
11.942
18,090
Traffic expenses.._ _
2,983
3,295
6,356
6,747
2,177
3.421
4
719
291
5 894
338
635
674
Transportation exp_
109,118
83,214
268,809
204,985
51,664
72 222
113.444
69.165
56,109
146,321
117.051
159,168
Tot.exp..incl.oth.
254,431
194.591
617,309
447,056
125.668
146,151
266,635
77,239
305.495
102,505
161,029
229.231
Net from railroad..
73,35-d "----21,678'
174,29d -=26,185 -33,716 -25.20d =-71.418 -64.268
4.0t1
12.9 1132-.61 -27:M
Taxes
7.000
6,700
14,000
13,400
11.000
9,223
22,004
2.665
5.054
18,613
10,108
5,329
TJncollectible revenue..
11
15
ór40
Net after taxes, &c_
66,345 -28,378
160,275, -39,585 --44,715 --34,431 --93.422 --82.881
49.000
10,275
91,978
22,255
Net after re tts
18.037 -37,751 --25,618 --63,565 -48715-1 -2876a
-6025
-654
7r=
Aver. miles ;fed over.
368
368
368
368
385
374
385
374
1
3
1
EARNINGS.




336--,--ou

3

APRIL, 1922.3

RAILWAY EARNINGS
Elgin Joliet & Eastern

Galveston Wharf

.‘;

7
Great Northern

-Month of February- -Jan.Ito Feb.28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to:Feb.28,
1921.
1922.
1922.
1922.
1921.
1921.
1922.
1921.
1921.
1922.
1922. Illiii11921. ail
$
$
$
•
$
$
Freight revenue..
1,512,753 1,948,763 2,875,370 4.215,100
4,139,638
4,024,378
8,35'7,134
8.249,483:
Passenger revenue..
4
3
0
937,216 1.215.411 1.998.558 v 2.593.728Tot.. Wel other rev. 1.644,366 2,156.699 3,112,006 4,759,320
101,041
192,170
444,302 5,703,628 5,864,482 11.599,845 12.143.727
205.938
Expenses-Maint.way
166,129
110.100
225,713
358,078
56,698
33,496
75,115
113,664
772,946
813,797 1,400,065 1.752.819'
Maint. of equipml_
474,644
302,044
4,365
630,670 1,004.803
5,450
11,537 1,205,483 1,592,988 2.650.115 3,426,661
8,780
Traffic expenses
14,404
13.990
26,362
28,885
669
647
1,337
118,518
1,525
143,705
238,578 fr 280.473:
Transportation exp_
713.070
474,771
955,713 1,565,950
25,075
33.808
81.367 2.916.897 3.233.486 6.035.656 6,833.887
56.945
Tot.exp..incl.oth.
932,624 1 407,275 ,j 04.26i 3,041,617
108.026
98,763
-224,807 5,261,582 6,048.384 10,913.747 12,785.608
226.481
Net from railroad__ .._ =-711,742
749,424 1,207745 1.717,703
-6,985"
.----01:407 -20,543' 216,495
442,046 --183,901
686,098' -641.884
Taxes
71,419
82.573
165,146
138,874
17,000
17,000
34,000
491,830
34,000
761,425 1,067,968 1,825.945
Uncollectible revenue..
-1,324
285
2,032
2,110
2.032
1,995
3,526
4.219
Net after taxes, &c_
678,005 1,04_2599, 1,578,544 -26,017
630.493
76,407 -56.575
185,495 -31.895 -947,322 -385,396-2.472,050
Net after rents
572,646
860,175 1,271,665 -25,684
534-;076
T5831i -56,174
12,397 -894,649 -241:747-2,440A
P847303
Aver. miles of r'd oper.
836
839
836
839
13
13
8,265
13
13
8,170
8,265
8,170
El Paso SI Southwestern
Georgia
Green Bay 8; Western
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.
281921.
EARNINGS.
1922.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
$
$
$
$
$
$
$
$
$
$
$
$
Freight revenue
742,077
567,200
1,105,890 1,501,186
230,832
280.557
460,109
73,642
84,137
537.550
152.595
177.100
Passenger revenue234,185
173,143
337.845
497,401
79.427
107.687
172,833
16,785
18,266
245.626
36.884
40.038
Tot.,incl. other rev.
786.549 1,029,579 1,540,490 2,117,348
333.723
418,763
675.041
97,939
111,539
846.974
203,498
234.030
Exioenses-Maint.way
228.802
139.872
271,043
34,138
507,635
52,123
70,409
17,130
12,962
119.624
33,049
27.110
Maint. of equipm't.
200,991
252,913
141.853
477,493
61,573
126,932
133.144
15,952
22,929
250.381
32.092
55.238
32.285
Traffic expenses..
25,643
56,159
62.114
19,850
21,894
40.100
2.223
1,887
43,179
4,003
3,982
Transportation exp_
304.767
191,513
405,847
665,004
185,269
243.506
392.278
39,003
46,562
527.451
85.866
97,398
Tot.exp..incl.oth.
83233 1,683,257 1,843,874
550,241
320,728
463,150
674,854
77.323
87.451
981.153
160,691
191,969
Net from railroad.,...._
197.546
4-57.233'
236.306
273.474
12.996
"187 7
-1.34.179
20,616
24,088
42,807
42.061
Taxes
104,355
99,174
192.040
208,710
7,020
5,950
13,694
11,949
8,000
7,000
16,000
14,000
Uncollectible revenue..
207
411
310
367
105
382
105
137,13292,984
Net after taxes, &c..
264,782
.
64,454
5,608 -50.442 -13.889 -146,233
12.616
17,088
26,807
28.061
Net after rents
94.789
130.027
251,813
57,860
10,
"=73774-84
-158 --110,0-5
8,284
11,902177485
20,494
Aver. miles of r'd oper.
1,027
1,139
1,139
1,027
328
328
328
262
328
252
262
252
•
Erie System
Georgia
&
Florida
Gulf & Ship Island
Erie
of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28EARNINGS.
-Month of February- -Jan.1 to Feb.28- -Month
1922.
1922.
1921.
1922.
1921.
1921.
1922.
1921.
1922.
921.1921.
$
$
$
$
$
Freight revenue
6.273.640 6.573,049 11,895,504
13.193.212
82,420
169,806
70.836
153,381
142,912
163,957
331475
331.001
Passenger revenue.....
920,169 1.044,535 1,971,425 2,242,062
11.277
16.616
24.453
33.421
37.937
40,428
72.607
95,506
rev.
Tot.. incl. other
7.658.078 8,085.395 14,835,328 16.485.014
101.480
95.343
215,650
193.152
196,420
220,094
434,944
Expenses--Maint.way
457,027
776.219 1.359,546 1,672,031
655.110
16.975
27.756
34.619
41,612
44.206
64.703
85,663
89,712
Maint of equipm't- 2,104.830 2,461.445 4,155,331 5,309,016
20.376
17.105
37,947
40.665
40,679
45.356
78.782
91.929
Traffic expenses......
126.764
128.770
270.462
259,657
7.082
6.966
16.259
6.715
14,287
7,643
13.933
Transportationexp. 3,221,873 3,838.520 A,780,091 8,497,867
16.817
40.944
57.281
86.483
65,946
119.784
91,143
140,885
• 187,136
Tot.exp.,Incl.oth. _6,417,957 7„547,052 13.203,933 16,451.733
92,112
163.465
117.288191.424
196.271
262,141
342.612
412.874
__,
......_
...Net from railroad..
-1,240.121 I-538.34i 1,631.395' - 33,281
11:368 -21945
52,18g
1.72-8 -657721
23,823
92,332
44,153
Taxes
309.591
273,775
460,687
599,474
6,249
7,680
12,445
20.757
15.459
20,847
41,769
41,695
Uncollectible revenue..
936
2,620
7,679
2,142
36
10
44
85
19
74
42
&c..
taxes,
after
Net
227,814 1,163,029 -568,335
963,726
3,083 -29,635 -10,802 -81,199
31,384
2,976
..==
50.489
2,416
Net after rents
360,409 1.480-.17f
987.142
104,024
-4,599
-34,651
25,497
-88,533
-22,958
6,469
.--39,428
18,51
Aver. miles of r'd oper.
1,989
1,989
1,989
1,989
405
405
307
405
405
307
307
307
Chicago & Erie
Grand
Trunk
Western
Gulf
Mobile
&
Northern
-Month of February- -Jan.1 to Feb.28Atlantic & St. Lawrence RR
-Month of February- -Jan.1 to Feb.28EARNINGS.
1921.
1922.
1922.
1921. -Month of February- --Jan. 1 to Feb.281922.
1921.
1922.
1921.
$
$
$
1922.
1921.
1922.
1921.
i
$
$
Freight revenue
$
758,920
694,008 1,504.821 1,446.845
276,773
277.722
505.864
593.850
270.164
282.969
551
.019
599.788
Passenger revenue-39,712
58.283
91,921
133,610
32,615
42.336
67.704
85.373
32.174
43,085
69.309
97.668
Tot.,incl. other rev.
842,658
796,328 1,692.916 1.671,959
.
323.222
337.160
600.250
713.133
314.137
339.544
643.965 7277121
Expenses-Maint.way
88.005
98,757
193,231
218,006
24.825
36,839
53.021
73.172
50.470
68,796
107,422
145.121
Maint. of equIpm't.
115.709
134,865
248,337
320,173
43.296
50.064
94.534
133.513
54.966
69,111
108.518
144.112
Traffic expenses-17.969
18,951
38,131
37,809
3.955
2,944
6,658
6.640
12.341
11,907
Transportation exp_
26.891
23.085
426,899
540,787
859,035 1,192,146
151,999
215.768
308.797
110.452
442.943
169.259
232.216 _40_5_6„315.
Tot.exp..incl.oth.
685.062142A-51,410,808 1851,263
239,080
327.603
490,866
686.931
243.312
335.616
508.656
703,253
Net from railroad..__
157,476 -37.657
282.108 -179,304 ===-847142
957.=-131T4
26.202
6825
3,923'
--1-35-.3-01
Taxes
23.874
53,668
43.750
101,218
87,500
16,900
19,204
33,800
58,409
17,281
15,810
33,279
Uncollectible revenue..
29,363
2
4
3
44
44
5
9
5
Net after taxes, &c..
.103,806 -81,407
180,886 -266,807
67,198
-9.647
75,540 -12,207
53.535 --11,887
102,021
---5,493
Net after rents
249,245 -372,342 -373,979' -895.336 -07466 -105780
7
:488
=fr
-1877030
r
431284 --071l ---13-4.t0o -101880
Aver. miles ofr'd oper.
269
269
269
269
166
166
166
166
438
436
436
463
New Jersey & New York
Chicago Detroit & Canada Gr Trunk Jot.
Hocking Valley
-Month of February- -Jan.1 to Feb.28- Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28EARNINGS.
1912.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
1922.
1921.
$
$
$
$
$
$
Freight revenue
•
21.142
17,840
38,558
29,148
161,322
322,169
141189
329
,097
940,686
560,069 1,752.721 1,348.115
Passenger revenue..
88,630
86,355
180.842
183.981
7.348
14,467
21.885
26,467
76,891
107,353
163,548
222.525
Tot.,incl. other rev.
113.553
107,108
228.507
221,920
180,694
182,461
386.704 1,058,942
382.305
Expenses-Maint.way
699.838 1,997,237 1.652.821
12,032
16,068
25.818
25,710
10,954
12,359
23.097
28.356
94.392
131,237
196,082
Maint of equipm't.
280.410
19.053
10,760
36:6
2 62
06
2
14,849
45.833
16,177
20.868
40,765
209,557
413.939
Traffic expenses......
395.822
962.115
1,301
1,583
2,517
3.374
1.942
7,413
4,233
Transportationexp_
13,378
11,912
24.886
23,148
63,233
70,891
135,828
146,885
59.448
70.099
126.789
146.571
363,439.
332.5E8
718.868
782.159
Tot.exp.,Incl.oth.
98,16Q
111,084
206_,687
220,879
92,670
104,943
185.866
239.146
710,129
924,916
1,396,550
2,120.200
railroad...-.
Net from
15,391
-3,976
21,826
f,041 iaTo
718T ..."1467435 147.558 348,81J -22-57)76
600.681 -4671373
Taxes
3,000
2,916
6,000
3
5,836
14,462
7,231
4,596
9,193
90,603
85,091
Uncollectible revenue_
181.205
171.576
6
10
1
4
82
134
29
Net after taxes, &c..
12,393
-6,898
15,810
-4,798
80,792
72,922
181,973
138.365
258,128
-310.169
419.348 -638.984
Net after rents
13:687 -42,667 -29;22-g -61,987
.-111,547
54,461
And
93,120
282750
open
-2A7196
r'd
40C9kei •-42/.24
Aver. miles of
47
47
......
47
62
62
62
62
350
350
350
350
Florida East Coast
Detroit Grand Haven & Milwaukee
Illinois
Central
-Month of February- -Jan.1 to Feb. 28-- -Month of February-Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28EARNINGS.
1922.
1921.
1922.
1921.
1922.
1921.
19,22.
1921.
1922.
1921.
1922.
1921.
$
$
$
3
$
$
Freight revenue
681,773
768,655 1,340,131 1.633,531
266,666
22/295
525,671
4747.295 9,066.687 7,902.930 17.731382 17.684.690
Passenger revenue...615,695
674,126 1.059,448 1,214,667
31,764
38,847
70.684
93,847 1,761,343 2.034,678 3.670.942 4.405.245
Tot., incl. other rev.
1,640,765 2,652.685 3,190,212
294,107
319,848
645,284
Expenses-Maint.way 1,443.149
636.954 11.516.003 10,787,230 22.715,101 23.665.429
160.955
206.861
334,832
419,562
24,170
27,492
62,731
87.735
equipm't..
1,248,589 1.385,441 2,610.779 2,813.021
Maint. of
179,615
200,568
391.987
431,965
46,479
45,813
67,056
124,276 2.254,591 2.341,500 4,706,007 4,977.598
Traffic expenses
17,532
15,325
42,957
43,618
8,108
6.630
15.057
14.164
180.448
Transportation exp.
159.576
387,858
312.434
391,337
519,466
806,522 1,088,584
204,273
172,345
395.160
399,089 4,166.665 4,562.972 8.503.678 10.112,741
Tot.exp.,Incl.oth.
802.906
999,623 1 656,340 2,981,788
300,869
267,413
576,975
673.951
8,183.616
8.823.878
16.872,843
18,974,317
Net from railroad...,
640:246
64111-42
99634g 17108,424
18,976 "'"' 26,694 .-.68,308 -3A7S0
.7 -272-3/730 1,963
.MT22
0
,
Taxes
46.719
47,519
95:8
2 83
52
95,037
7.070
3,088
14.141
6.177 1.023,952
584,012 1,951.019 1.422.024
Uncollectible revenue_
2,209
49
90
Cr21
272
27
2,163
514
3.779
733
&c..
Net after taxes,
591,315
593,623
897,661 1,013,338
11,819
23,627
53,895 -43,201 2,306,272 1,378.826 3.887,460 3,268,355
Net after rents
=544,018
54-57854
804,611
-500
-28,938
'
-73,854
-146,921
921.561
2,302,36i 1,519,83g.3,936,103 31573.363
Aver,miles ofr'd open
764
. 764
764
764
194
194
194
194
4,784
4,799
4,784
4,799
Fort Smith & Western
Grand
Trunk
Western
International
& Great Northern
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.
1 to Feb. 28- -Month of February- -Jan.1 to Feb.28EARNINGS.
1921.
. 1912.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
1921.
$
$
$
$
$
$
Freight revenue
s
s
81,980
14,372
163,802
249,011
884,264
683.840
1,683.552
1,763,637
7f2.583 1,0413,241 1,459,146 2,325.352
Passenger revenue
17,865
24,507
36,281
54,995
122,253
157.968
280.351
369,518
180.131
247,251
372.238
561.696
Tot.,Incl. other rev.
107,493
141,172
216,844
326,242 1,080,641
902,160 2,093,422 2,266.100 1,001.660 1,406,563 2,038.020 3,157.911
Expenses--Maint.way
25,265
34,633
47,850
80.938
61,446
114,870
167,314
251,493
144.668
225,129
314,158
447,060
Maint. of equipm't.
23,323
41,765
48,504
97,800
280,021
206,805
481,601
601,551
177,895
277,925
350.356
Traffic expenses...
713.085
27
8
88
5,044
43
4:3
9,777
10,567
25,382
24.140
57,254
54,807
25,796
26.653
51.620
52,130
Transportation exp.
68,336
89,823
145,460
534,817
520,878 1,111,535 1,171.549
476.996
841.716 1,006.327 1,850.975
Tot.exp.,Incl.oth.
104,527
160,599
211,719
356,123
961,115
927,831 1.934,063 2,276,045
883.864
1,435,417
1,833,182
3,189,772
Net from railroad......2,966 "'"=-175:42/ ''''''-5711-23' :=45
- Tar
119526 -251371'
-9.945
11716A
`
Taxes
--0178-Tg -31:861
4
5,80
20
5,500
11,600
11,000
62,930
51,084
125,859
102.168
32.500
31,480
64.863
Uncollectible revenue_
61.480
104
92
314
226
Cr13
374
83
548
1.293
4.520
1,373
Net after taxes, &c..
-2,858 -25,031
-6,567 -41,195
56,370 -76,742
33,126 -112,196
84.748
-61.627
135.455 -94.714
Net after rents
-21,081 --46,047 -1$0,124
'
=1487881'
--6567660
l
36.156
=1891386
Avemiles of I'd oper.r.
26.1T1
'-356,f&
253
249
249
253
351
352
351
352
1,159
1,159
1,159
1,159
EARNINGS.




-

•

ra-mg

[VoL. 114.

RAILWAY EARNINGS

8

International Ry. Co. of Me.

Lake Superior & Ishpeming

Louisiana & Arkansas

Kansas City Mexico & Orient RR

Lake Terminal

Louisiana Railway & Nay Co

of February- -Jan.1 to Feb.28-Month ofFebruary- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Month
1922.
1921.
1921.
1912.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
1922.
$
$
S
$
$
$
$
$
$
$
381,771
507.006
199.974
201,297
14,219
2.569
539,673
6,041
444.734
241,884
1,033
2347,205
Freight revenue
72,548
62,934
31.967
30.523
613
212
270
89
120.763
66,454
52,838
30.552
Passenger revenue
603.835
455,940
249,137
237,518
17,701
694.321
2.987
7,646
544.922
1,088
311,474
285,117
Tot.,incl. other rev.
119.494
98,220
49,795
52,615
40,743
66,519
48,667
19,722
44,545
33.184
22.929
33,671
Expenses-Maint.way
125.567
95.097
63.040
45920
46,931
15,744
103,469
23.607
8,106
117.543
47,326
65,536
Maint. of equipm'S..
13.030
14,454
6.760
7,256
414
516
7,290
253
209
8.503
3,495
4,025
Traffic expenses_
231,935
163,715
99,311
81,727
22,298
18,004
9,821
372,333
9.109
296,677
166,887
157,800
Transportation exp_
508,503
386,664
227,894
194,648
119,603
88,324_
56,433
557;768
53,560
474,022
254,712
254,180
Tot.exp.,Incl.oth.
95.332
69.276
21.243
42.870
136TW3 -52.473 -48,786 -85,337 -101.902
70,900
56.762
3079-31
Net from railroad_
34,758
38.505
17,106
19,015
10,130
10,717
5,196
30,000
5,358
32.000 .
16,000
15.000
Taxes
489
282
55
8
Uncollectible revenue_
60.087
30,489
4,082
23,547
106,553 -57,830 -53,982 -96,054 -112,032
38,900
41,762
14,937
Net after taxes, &c_
50;398
135
,
30
4.348
21,873
76,872 -55,607 -52,973 -93,897- -108,791
' 4,744
27,87/
1,080
Net after rents
302
302
302 •
302
33
233
33
33
233
33
233
233
Aver. miles of r'd oper.
EARNINGS.

1 to Feb.28-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1922.
1921.
1922.
1921.
EARNINGS.
$
$
$
$
$
$
$
$
$
$
$
533,769
400.459
199,647
2047,957
216,132
185,845
107,840
95,939
Freight revenue
62.974
60,846
31.334
29,210
23,450
18.001
10,758
7,975
Passenger revenue__ _
641,113
489.144
254,758
249,944
254.720
276,749
220,759
169.370
124,995
87,524
126,568
113,317
Tot.,Incl. other rev.
176,639
106,363
86.690
64,045
62,752
35,087
51.429
8.591
14,587
4,487
28.063
24,193
Expenses--Maint.way
108,551
70.419
37.478
33,052
105.109
57,155
14,128
29,926
53.894
6,811
50,625
26,870
Maint. of equipm't_
20,027
17,429
9,980
8,074
10.182
7,408
5,271
2,513
Traffic expenses..
331,125
225,665
136,429
110,070
143,414
169,869
74,457
75,914
36.625
123,908
61.967
58,788
Transportation exp_
661,388
442,405
226.602282,792
262,286
347,831
97,255
121,435
47,946
249,521
158,810
119,060
Tot.exp..incl.oth
20-72
7.--7-28,034
,-463
72.115 • 143.560
-28.762 -T=WITT
39.578
-5, 4
Net from railroad......
32,000
32,000
16,000
16,000
12,147
6,124 • 12.673
16,080
6,336
16,640
8,040
8,320
Taxes
135
54
91
36
30
3
30
3
Uncollectible revenue_
14,685 -52,410
7,306 -44,125
2,316
5442
-2.564
33 242
Net after taxes. &c.. --14,066 --40,312 -45,405 -109,221
. 7 -21,578 -9T3750
-0
1,470 ===ilicnTi -5'i7
77,888
-602
41,722
-11,971 --23758i' --407344 -92,676
Net after rents
343
343
343
343
13
13
272
272
13
13
272
272
Aver,miles of r'd oper.

-inn

Louisville & Nashville

Kans City Ilex & Or Ry of Texas

-Month of February- -Jan.1 to Feb.281922.
1921.
1921.
1922.
EARNINGS.
$
$
$
$
259,255
187,605
124,351
98,261
Freight revenue
31,554
19,616
12.847
8,310
Passenger revenue
303,640
219,718
144.325
113,087
Tot.,incl. other rev.
54,790
93.807
39.850
25,919
Expenses--Maint.way
94.379
76,364
59,496
29,501
Maint. of equipm't_
10,799
8.499
5,375
3.935
Traffic expenses
197,251
152,762
104.852
76,756
Transportation exp.
415,050
304,941
214,967
142,448
Tot.exp.,IncLoth.
--MAW
--29,3AT --=70,642
Net from railroad
12,300
11,987
6,150
6,000
Taxes
25
39
25
39
Uncollectible revenue_
--35,400 --76.817 -97,249 --123,735
Net after taxes, itgc_
--4170 =-1-=0747853 -124,3711 . -141,34-8
Net after rents
465
465
465
465
Aver. miles of r'd oper.

IIMIN1111•1•MCM912112•M

Kansas City. Southern System

1111.====x11,1

-Month of February- -Jan.1 to Feb. 28-1921.
1922.
1921.
1922.
$
$
$
$
6.998,231 6,249.630 13.511,185 13,429.496
1,650,100 1,816.341 3,374,909 4.212,658
§.078,606' 8,520,179 17,678.068 18.662.361
1,402.111 1.262,853 2,825.872 2,753.990
2,306.831 2,913,433 4,505.315 6,219,726
439,592
453.699
216.006
231.527
3,653,645 4,778.061 7,412,873 9,732,143
7,853.938 9449,589 15,796,698
..--.
. 19,728,922
.561
L224.668 -929.410 1,881,370 -1,066607,242
304.301
606,336
303,165
2,713
1,409
2,595
460
921,043 -1.236,306 1.273.625 -1.676,516
71--,-986.458
088 136 -1,402.035 1,335.964 5.043
5,038
5,043
5,038

Lehigh & Hudson River

Louisville Henderson & St Louis

Lehigh Valley

Midland Valley

Los Angeles & Salt Lake

Minneapolis & St Louis

-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan. 1 to Feb.28Kansas City Southern
1922.
1922.
1921.
1921.
1922.
1921.
1921.
1922.
-Month of February- -Jan.1 to Feb. 28-• EARNINGS.
$
$
$
$
$
$
1921.
$
$
1921. . 1922.
1922.
298,599
287,704
147,878
150,388
488.019
244.117
211,211
402.636
1,127,956 1,343,777 2,210.052 2,777.022
Freight revenue
54,154
120,935
49,143
105,106
8,355
8.253
3.948
3.723
395,001
300,605
178.604
149.341
Passenger revenue_ _ _
478,867
209.915
413,158
244,648
513,415
428.902
256,370
223,984
Tot.,Ind.other rev. 1,386.829 1,640,061 2,715.925 3,406,400
43,109
96,882
86,962
40.934
59,533
50.354
25.266
21,627
373.727
307,114
184,819
154,052
Expenses-Maint.way
37,095
77.172
45,644
85.587
96,639
112.918
55.216
46,762
536,226
532,412
258.645
269,487
Maint. of equipm't_
13.024
11,882
6.256
6,147
4
391
3.013
2.068
1,631
71,899
74,013
34,518
35.578
Traffic expenses
95,446
192,608
75,668
155,182
255,533
163,678
118,413
73,090
630,348 1,006,960 1.340,325
515,697
Transportation exp.
355,84
191,035
398,010
176,280
208,860
448,900
327,102
149,854
Toexp.,ine.1.oth. 1,039,403 1,477,092 2 055 253 2,460,671
87,331 "- 80,844
53.613
33,6-3
64.515101.806
47.510
74.130
945,729
660,672482-.960
3477-42-6
ket from railroad._
14,736
17,500
7,368
8,750
24,302
20.356
15,702
10.178
153,667
200,437
76,019
100,219
Taxes
29
29
38
20
742
1,117
526
331
"Uncollectible revenue_
'
66,074
46,216
39,8?,2
24,865
_40,213
81.444
31,808
791,320
63,952
459,118
386,424
246,876
Net after taxes. &c_
23,422
:4,798
30,774
15,61
-5,201
- 44
30
12.065
762,283
42,797
463.974
878
3587,230,677
Net after rents
199
199 ,
199
199
96
96
96
779
96
779
779
779
Aver.miles of r'd over.
Maine Central
Smith
Fort
&
Texarkana
Lehigh & New England
-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.281921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
1922.
1921.
1922.
EARNINGS.
s
s
s
s
$
$
$
$
$
$
$
2.787,621
2,272,115
1,295.631
1,166,919
325.392
340,770
595.572
292,709
725,970
146,479
380.876
117,262
Freight revenue
705,624
602,035
331.121
290,887
4,268
37,939
2,160
4,321
27.057
2,013
17,739
13,086
Passenger revenue..._
626,444 1,550.834 1,731,083 3,073,446 3.700,052
388,950
313.832
176,474
388,969
741.835
354.909
161,770
Tot.,Ind.other rev.
483.536
531.408
251,623
210.143
75,324
62,736
40,547
29,168
28,460
33,617
7,725
11,813
Expenses-Maint.way
858,801
667.767
420.949
361.154
151,564
424.897
32.807
67,927
53,676
188.175
15,754
24,747
Maint. of equipm't_
29.534
22,817
12.774
10,575
9,225
13.096
3.427
8,975
7.762
11.025
4.996
4,918
Traffic expenses
735,295 1.036,554 1,486,249 2,254,072
133 869
276,507
266,448
164.082
101,989
138,263
89.916
48,301
Transportation exp.
797,924
250,486
202„253
545,967 1,366,829 1,767,434 2,745,577 3,787,789
382,691
211,137
125,754
97,724
Tot.exp.,incloth.
327,866 --87.73/
184,005 . --36,351
80,477
.-464
92.656 -587089
173:c.-i-6,278
12,605
64,04
50;720
Net from railroad
214,379
198,103
105,559
99,051
15,453
15,453
30.906
30,006
14,706
21,047
7,353
10,524
Taxes
82
43
82
33
24
97
24
94
Uncoliectible revenue_
_
84,921
-302,198
129,723
-7141,992
77,203
49,571
-9,175
-86.995
123,731
111,551
43,343
53,428
Net after taxes. Sze_
103-;-611 -405-.974
101,074 -=-62.060 -2007736
41,907
87,115 -53,576
7,037
8f,-37'
41,084 ----376Dg
Net after rents
1,215
1,215
1,215
1,215
237
237
237
237
93
93
93
93
Aver.miles of r'd oper.

1

Kansas City Terminal

-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.281921.
1922.
1022.
1921.
1922.
1921.
1921.
1922.
1921.
1922.
1921.
1922.
$
$
$
$
$
$
$
$
$.
562.897
502,803
244.690
257,139
4,638,326 4,597.551 8,907,433 9,568,124
Freight revenue
177,661
119,557
78,651
55,871
531.418
966,737 1,159,358
446,898
Passenger revenue
773.371
323.985
643,481
337,067
5.392.208 5.517.829 10,528,299 11,553,790
'Tot.,Incl. other rev.
83.978
79.471
190,225
39,312
995,819 1.196.333
525.926
486,860
Expenses-Maint.way
150,514
95.164
67.468
39,665
1,431,490 2,281.858 2.786,449 4,467,090
Maint. of equipm't_
9.919
9.129
4,596
4,634
205,951
104,262
205,526
102,629
Traffic expenses_
288,444
221.717
129,098
107.651
2,350,!•67 2,791,792 4,832.609 5.950,703
Transportation exp_
605,080
434.144
296,852,
204,573
12,130,441
9,100,026
5.838,942
Cr35
4.510,486
Cr17
Cr35
Gr17
Tot.exp.,Incl.oth.
_
.
78.291
209,337
41.115
119.413
371
881,722 ---3-2-1:413 1,419,273 ---576.651
35
Net from railroad__-_
16,321
23,480
11,740
8,161
428,000
464.507
214,000
55,591
239,507
26,510 •
53,020
27,715
Taxes
43
117
18
117
97 Cr18,166
566
141
Uncollectible revenue_
61,927
32,936 • 185,749
107,556
972,932, 7_1,005,217
642.074 -535,210
Net after taxes, &c_ -27,698 -26,475-55,574 -52,985
46,992
25,941
171,977
103,404883,979 =923;484
T2
561,165 -402,242
197,bn
Net after rents
388
383
388
383
1,448
1.448
1,448
27
1,448
27
27
2727
Aver.miles of r'd over.
EARNINGS.

192,76-6

Kansas Oklahoma & Gulf

-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.28Formerly Missouri Oklahoma & Gulf
1922.
1921.
1921.
1922.
1922.
1921.
1921.
1922.
-Month of February-7 -Jan.1 to Feb. 28EARNINGS.
s
$
$,
$
$
1922.
1921.
$
3
$
1921.
1922.
918.004 2,166,940 2.111.072
1,090.640
1,895,404
1,890,809
916,989
932,416
358,940
445,735
202,227
171,727
Freight revenue
204,638
430,154
309.453
140,291
1,027,486
696,496
438,401
311,993
43,435
23,695
18,680
10,450
Passenger revenue
228,786
507,506 1,367,178 1,482,154 2,840,718 3,195,308 1,288,166 1,177,752 2,585,494 2,655.646
397,836
189,556
Tot..Ind.other rev.
282,333
137,206
327,211
161.133
512,132
603,148
300,453
249,096
79,974
55,242
119,685
36,769
Expenses--Maint.way
335,603
712,118
469,616
230.322
717,116
674.795
326,120
345,449
103,656
49,377
50,307
23,257
Maint. of equipm't_
46,793
47,913
21,450
23,965
84,083
114,907
46,544
40,554
4,352
8,934
9.950
4,719
Traffic expenses
679,484 1,213,351 1,479,818
606,836
542,245 1,076,378 1,234,761
515,146
157,539
212,641
94,932
75,503
Transportation exp_
.,g,613,004
2.138,645
1,218,392
i.062,279
467,050 1,229,832 1,298,572 2,510,245 2.932,610
316.710
215.528
150,089
Tot.exp-incl.oth.
446,84-9
42,642
1,23g
225,887 -40.640
183,582 -,16:71
22,168
3-17)
,
81,12'
1 f,/
40,456
Net from railroad.._.
124,577
147,60
74,739
61,569
217,944
91,600
193,824
110,617
17,000
18,373
8,500
9,187
Taxes
90
72
223
73
19
226
19
94
17
9
6
8
17ncollectible revenue_
.=._.. 106
322,182 -105
164,245 -115,451
112,510
91,888
68,618
26.710
23.430
62,744
4,752
30,272
Net after taxes, &c_
211.626
88.425 -132,137
67,200
15,537
4407 -Iti:iriti -24,790
--Ii/
--Z5
2VMI -1
Net after rents
1,649
1,650
1,650
1,649
1,168
1,159
1,159
1,168
314
329
329,
314
Aver. miles of r'd oper.




•

----rars

RAILWAY EARNINGS

APRIL, 1922.]

9

21 Orleans Texas & Mexico System
Mobile & Ohio System
Blinn at Paul & Sault Ste Maxie
New Orleans Texas & Mexico
Mobile & Ohio
-Month of February- -Jan.1 to Feb. 28-Month
of February- -Jan.1 to Feb.28of
Feb.
28-Month
February-Jan.
1
1921.
1922.
1921.
to
1922.
EARNINGS.
1921.
1922.
1922.
1921.
1922.
1921.
1921.
1922.
3
$
3
$
183,600
202.769
336.670
452.889
1.763.192 2.270,097 3.646.353 4.572.018 1.081.570 1,239.037 2,224.577 2.715,770
Freight revenue
27.100
53,927
337.919
41.389
86,646
578.704
124.689
264.235
152.314
939.883 1.230.239
448.683
Passenger revenue.-3.199.098
551.130
216.868
434.486
1,455.102
249.868
1.268.393
2.617.955
3.055.789
5.089.248
6.268.303
Tot.. Incl. other rev. 2.427.119
30.059
452.001
62,683
42.019
150,614
92.660
502.230
226.325
777,770 1.008.416
316,374
493.107
Expenses-Maint.way
954.358
84.949
110,164
46,408
41.049
251.634
452.778
546.039
499.390 1,047.327 1,334.338 2.105.414
Melia. of equlpm't_
6,051
11.679
7.512
90.246
37,518
14.607
46.964
42.100
82.144
101.486
109.231
52.124
Traffic expenses.. _
55.535
109.212
507,150
69.486
687.112 1.074.170 1.464.370
149,753
Transportation exp. 1.444.742 1.666.811 2.922.518 3.643.752
145,674
284,181
382,111
165,425
994,412 1,465.509 2,120.152 3,070.305
Tot.exp.,inci.oth. 2.600,995 3,380,573 5,363,833 7.116,150
71.01
84.443'
150.305'
169iii,
128.793
27381 -1-070
497.803----17317 -...-32477M =274'7585 =847,-847
Net from railroad..
16,775
120,850
17.128
32.350
32,994
64.000
60,425
129.596
267,916
660,529
486.487
243.509
Taxes
21
9
157
245
617
4,177
1.633
1.188
revenue..
Uncollectible
54,419
7.922
67,306
117.955
209,824
70,832
136,016
367.962
-762.705-1,512.553
Net after UMW,&C. -423,573 -593,317
-630,324
61.826
53.542
55,981
135.804
110,906
1.601
166.817
2787530
=
7705.964=1,612.841
•-445-.005
Net after rents
191
191
191
1,165
1,165
191
1.165
1,165
4,242
4,242
4,383
4,383
Aver. miles of r'd oper
Beaumont
Columbus
&
Greenville
Sour
Lake
&
Western
Mississippi Central
-Month of February- -Jan.1 to Feb.28Formerly Southern Ry.in Mississippi
-Month of February- -Jan.1 to Feb.281922.
1921.
1922.
1921.
-Month of February- -Jan.1 to Feb.281921.
1922.
1921.
1922.
EARNINGS.
$
$
$
$
1922.
1922.
1921.
1921.
$
$
$
151,540
223.288
273.373
432,772
229.010
107.669
146.560
65.268
18
4
61.590
7.730
127.706
94.409
Freight revenue
20.525
33,747
42.968
73.348
58.138
69.127
25.011
28.799
17.379
32.586
40.219
15.172
Passenger revenue-.
179,959
264.615
333.753
520,347
315.860
95.704
145.032
216.852
82.295
228.854
174.123
113.879
Tot.. incl. other rev.
35.970
35.504
81.942
83.199
43.985
50.050
87,479
24.279
12,717
31.325
31,377
15.909
Expenses-Maint.way
16.785
22.890
39.470
54,042
45.865
20.705
25.240
13.854
28.012
66.043
57.814
29.338
Maint. of equipm't_
5.526
4,928
9.096
10,852
6.682
4.204
3.781
6.741
2.408
11.723
5.586
6.266
Traffic
53.881
71.012
108.518
146,603
169.447
96.201
83,143
44.451
31.062
83.483
69.605
41.998
expenses.."
exp.
Transportation
118.497
144.514
251,948
312,170
195,077
322.240
96.129
158,001
80.639
207,017
178,126
100.345
Tot.exp.,Incl.oth.
61,462
120.104
81.805
208,177
--425 --12.969
1-7654 --noW
--4.003
Net from railroad_
3,880
3,157
6.860
6,007
5.650
26.500
13.250
5,650
6,108
12,215
6.255
12,514
Taxes
210
20
5
17
6
11
Uncollectible revenue..
57.582
116,947
74.945
202,170
15.915
-32.880
-6,095
-26,219
-4,157
7,268
9,306 -16,224
.
Net after taxes. Ac..
45.666
102,019
51,290.
175,086
-16.827 -41,20S -16,90 -817207
7764g
Netafter rents
118
118
118
226
278
11$
226
278
164
259
265
164
Aver. miles of r'd oper.
St
Louis
Brownsville
&
Mexico
Montour
Missouri & North Arkansas
of February- -Jan.1 to Feb. 28-Jan. 1 to Dec. 31- -Month of January- -Month of February- -Jan.1 to Feb. 28- -Month
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1920.
1921.
1922.
EARNINGS.
1921.
$
$
$
$
$
$
$
$
$
$
$
$
339.620
263.699
659.836
688.174
211.365
89,185
99.232
163.937
411.730 1.321.372
.-515
80.512
Freight revenue
91,824
136,291
188.696
306,863
801
1.085
1.574
2,410
619,827
191.277
-14
43.911
Passenger revenue....
454,112
427.464
905.123 1,058.14¢
90.652
102.157
217.831
167.434
661.973 2,136.369
--521
135.358
Tot.. incl. other rev.
83.285
96.396
164.764
227,419
22,309
30.312
717.189
15.131
43.174
249.122
2.086
Expenses-Maint.way
55.051
77.587
85.308
158.543
182.564
31,750
63.502
121,264
62.541
477.562
281.157
3.452
34.356
Malta of equipm't17,066
13.294
26,335
34.033
2.387
44.942
943
1.044
1.915
24.686
553
4.191
Traffic expenses
134.869
199.883
259.216
405.613
23.187
49.959
73.733
33.644
963.457
458.111
exp_
Transportation
2.945
80,218
425,066
646,585
898,936
158,457
255,634 _ 326,759
79,324
126.646
12.566
180,995
Tot.exp.,Inci.oth. 1,074.520 2.307.604
127.353
2.398
258.538
159.210
8,977 -37,803
-24.8913
Net from railroad........ --412.547 --171.242 --13.08F -45.637
16,270
14.866
29,155
28.741
7,007
5.299
52.724
2,825
2,845
49.145
3.694
5.488
Taxes
3
1
298
1
87
99
Uncollectible revenue..
1
111.083
-12,468
229,383
130,466
8.502 -27.334
3.677 -44.810
Net after taxes, Ac.. -461.779 -224.264 -16.880 -51.126
82,170
-45,976
182,747
7
,069
2074/4
8,468
11,793
97
-1728-27855 -19.289 -51.798
Netafter rents
550
550
550
550
56
56
364
56
56
364
364
364
Aver. miles of r'd oper.
New York Central System
Nashville Chattanooga & St Louis
Missouri Kansas & Texas RR
-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Month New York Central RR
of February- -Jan.1 to Feb.281921.
1922.
1921.
1922.
1921.
1922.
1922.
EARNINGS.
1921.
1922.
1921.
1922.
1921.
$
$
$
$
$
$
$
16.127,378
14,819.804 30,673,455 31,992,071
1,751.846
2,196.066
2.053.129
2,94
4
1.108.124
1,064,166
1.478.392
7.166
revenue
3.716.376
Freight
5,838.236
6,359.648
13.016,114 14.034,632
926.440
593.746
719.681
420.506
417.900
345,674
890.185 1.3:33.740
Passenger revenue_
1,Tgic.175' -5.412.478 1,501,493 1,627.123 2,957.616 3,383.452 24.612,557 23,599,010 49.182,905 51.017.937
Tot.,incl. other rev. 2.116.922 2,486.646 7
303.331
474.915 2.552,906 2,965.842 5.18.5.213 6,042,525
439.572
176.597
242,221
224.260
448.012
645.332
' Expenses-Malnt.way
712,271
902.308 6.359.993 5,994.402 12.110.949 13.598.785
845.413
417.429
341.413
416.165
938.787 1,645.820
Maint. of equipm't_
300.245
308.385
584.588
46.521
154,242
624.176
135.452
49.312
66.889
75.261
97.973
Traffic expenses.. _
38,956
945.852 1.392.722 2.038.333
658.872
848.307 1,296.725 1.764.300 9.373,036 11.600.911 19.166.879 25.317.360
620.778
Transportation exp_
Tot.exp-incl.oth. 1,329.157 2.1417.510 3.031.481 4,682.728 1,392,527 1,641,011 2.854,676 3.419,208 19,621,786 22.015,407 39.231,088 48.061.587
102.946 -35,756 4.990.771 1,583.663 9.951.817 2.956.350
-737.765 .--31131:136 1T17ciiT'-'729750
108.966 -13,888
Net from railroad_
109.583
81.110 1.545.791 1,554.900 3.072.515 3,171.719
120.873
70.000
31,110
35.000
243.057
Taxes
219,041
2,402
2,418
437
424
12,440
.752
98
44
7.096
153
Uncollectible revenue..
1,492
891
26,28* 6,866,862 -222,40
259416
,
666.468
32,188 -116.964 3,442,578
73.813 -45.042
930.262
Not after taxes, &c_
509,813
3-6-2
163.498 7,056.512 -64,370
377400 1,026,832 '
40,799
35,30?
81,635
69
-M3=
101,888
Netafter rents
=-786.001
6.098
6,078
1,715
1,670
6,098
1,258
1,258
6.078
1,258
1,676
1,258
Aver. miles of r'd oper.
1,715
Cincinnati
Northern
Missouri Kans & Texas Ry of Tex
Nevada Northern
-Month of February- -Jan.1 to Feb. 28-- -Month of February- -Jan.1 lo Feb.28- -Month of Febluary- -Jan.1 to Feb. 281922.
921.
1922.
1921.
'1922.
1922.
1921.
1921.
1921.
1922.
1922.
EARNINGS.
1921.
$
$
$
s
$
$
$
279,056
212,643
25.328
79
.586
1.4(15.724
1,006.018
503.959
3
/
7.609
14,292
revenue
439.418
2,041.290 3.021.929
Freight
13.379
19,289
13.520
29.873
6.080
370.651
536,226
6.309
3,250
38,335
Passenger rev'enue
799.953 1,208,628
299,389
238.380
101,1)28
3). 70
547,075
47.a43
491.861
18,890
Tot.,incl. other rev. 1,510.108 2,098,301 3,093.835 -4,560.762
39.902
36,333
23,63.)
17.714
84.707
11,594
167.256
284.636
8,315
81,948
455,697
Expenses-M Mut.way
650,312
34.984
51.311
19.431
80.033
345.674
9,799
181.752
8,557
4,054
equiptn't_
115.675
468.780
Malta of
759,790
4,845
1,310
5.773
811
9.691
40.254
42.334
347
585
10.589
Traffic expenses-....
86.235
87,577
43 115
13.032
101.688
117,648
189,907
641.711
961.264 1.352,504 2.096,661
20,651
232.557
6,610
Transportation exp_
188.715
r•,1
46.1o.s
218,002
379,369
Tot.exp..incl.oth. 1.102.450 1.737.973 2,521.169 3,809,817
45,869
456.016
22,066
6,177 -110:674
20.378
-9,83;
366732
167,706
1.6/4
--3,176
35,845
5727E766 ft-75045
Net from railroad_..-- ft-- 44751S-4
22,247
19,602
14,612
12,229
48.295
48.562
37,687
9,741
6,124
29,224
101,388
Taxes
90,054
Crl
2
439
5
1,391
Uncoliectible revenue_
439
•5
88,427
--13
--22,067
5.766
312,034
130,017
--8,067
358,657
4-9,300
409.887
6.616
660.452
Net after taxes, &a.
,
75,238
•
--6,611
12,929
--15.33/
98,70S
-4,402
34,06.
-5,713
'
-313
117,71:7 - 45,058
Net after rents
244
245
164
244
16.5
164
1,738
1,739
245
165
1,738
Aver. miles of r'd oper.
1,739
Cleve Cin Chic & St L (Inc Peoria & Rant)
Missouri Pacific
Newburgh & South Shore
-Month of February- -Jan.1 to Feb .28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.110 Feb. 281922.
1921.
1921.
1922.
1922.
1922.
1921.
1921.
1921.
1922.
1922.
EARNINGS.
1921.
$
$
$
$
$
$
$
$
s
4.967,063 4,034,053 9,251.912 8.939.797
5.614.683 6.254.979 11.161.236 12.832,817
!relight revenue
1,061.659 1,301.659 2.362.033 2.834.565
Passenger revenue...... 1,223.801 1,587,412 2.555,803 3.449,984
268,529
277,356 6.478,725 5.763.703 12,516.845 12.724,395
116,111
169,045
Tot., Inc!. other rev. 7.420.605 8.350,6-13 14.889,935 17.908.983
584.047
26.219
534.323 1,295.611 1,362,358
11.246
12.943
6,302
Expenses-Main t.way 1.194.594 1.293.709 2.352,954 2,758,179
70.648 1,654.608 1,382.065 2.996.846 2,700,122
54.798
30,830
30,563
• Maint. of equiptn't_ 1.507,:302 2,098,644 3,028,714 4,384,034
148.383
97.571
177.700
126.055
209.248
246,340
. Traffic expenses
303,581
363,323
117,339
149,090 2,510.633 2.868.724 5.099,993 6,236,139
Transportation exp. 3,171.068 4,096.706 6.564,169 8,678,809
59,659
66,423
5,036.529
Tot.exp..incl.oth. 6.299.191 7.971.758 12,819.?i9 16,803.988
190,264
255,390
5.119.676
108,165
10,010,006 10.985,782
106,784
_
_
381:814-5
78.263
21,966 1.442,196
644.027 2,596.839 1,738,6-13
7,046
6_2i31
Net from railroad...._.. 1.121.414
388.700
19,310
354,691
203.809
22.649
315,335
9.171
659.837
12,233
Taxes
630.671
777,439
470.873
340
1.999
11
2,720
371
11
650
Uncollectible revenue..
673
4,685
6,415
730,715
178,356 1,287,882
55.616
2.645 1.087,165
328,321 1,846,352 jjQZ269
-1,236
50,028
Net after taxes.
627,707
441:37.5
963,388
53,974
4.483
110.800 1,534.010
49.0-51
8,064
555,4-4f
44,9-78
Net after rents
7833'' 3917
)
--01.
7,300
2,415
2,424
7,300
7
7
7
2,415
7
2.424
Aver.miles of r'd oper.
7,300
7,300
Indiana
Harbor
Belt
Northern
New Orleans Great
Monongahela Connecting
-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Man.th ofFebruary- -Jan.1 to Feb.281922.
1922.
1921.
1921.
1921.
1922.
1922.
1921.
1921.
1922.
1922.
EARNINGS.
1921.
$
$
$
$
$
$
$
3
$
31
8.103
309.065
151,842
156,717
Freight revenue
82,008
65.931
37,003
31,830
Passenger revenue-728,092
684,124 1,407,499 1,521.216
420,803
388,484
200,193
107,803
53,305
194,261
200,989
144.383
Tot.. Incl. other rev.
68.140
100.417
128.391
67,612
245.075
69,538
30,455
10,910
10,756
35,305
19,460
29.720
Exp_enses--Maint.way
157.707
46,998
141,257
314.916
68,431
126,416
30,323
77,523
19,690
16,307
46,277
38,077
Maint. of equipml.
4,373
4.126
7.618
7,444
10,648
9,308
5,769
507
562
4,632
1,089
1,151
Traffic expenses..-326,050
394.319
645.325
937.147
138.993
190.618
91,959
46,222
35,555
68,239
95,236
85,101
Transportation exp
680.662
963.495
462,966
358.016
1,556,375
365.231
168,386
196,617
82.419
70.346
153,912
Tot.exp..incl.oth
186.621
3,462
444,004 --35.I59
265,126
62,757 23.216
ThiErf
-2.31
vasl
47.ö7
2238
Net from railroad...59,626
10,686
34,616
21,373
30,404
30,014
15,300
1,896
15,018
2.087
Taxes
4,043
4.149
2
18
49
5
37
Uncollectible revenue..
3)335
-7,224
384,378
,
230,510
=56,534
-6.843
16,502
--17,411
-18,937
23.297
43.034 -46,387i
Net after taxes, 4te.
237.665 =
-----7250,306
140,297 -89,559
18,378 -26,704 =364
if:W)
-25-,3571 -23,25'2
Net after rents
120
119
119
120
274
274
274
274
7
7
7,
Aver. miles of r'd oper.

--•=




9- 14 --r-Tai

4-4tr • -50--aa

10

RAILWAY EARNINGS

[Vora. 114,

New York Central Sys. (Coml.) New York New Haven & Hartford! Pennsylvania Sys-Eastern Lime
-Month of

Kanawha & Michigan
-Month of February- -Jan.1 to Feb.281922.
1921.
1921.
1922.
283,921
222,090
511,526
333.399
40,738
55.987
86.986
121,769
338.216
287,505
650,357
653.492
36,493
72.254
89,926
146,405
70.486
174.580
169,269
357,549
4,324
8.277
4,746
9.113
120.655
238.922
136.965
300,669
234,772
400,638
528,383
832,553
94.444 -113,133
121,974 -179.061
27,196
35,656
53,535
71,312

February- -Jan.1 to Feb. 28and Pennsylvania Company
1922.
1921.
1922.
1921.
-Month of February- -Jan.Ito Feb.28$
$
$
1922.
1921.
$
1922.
1921.
revenue____
4,252,660 3,639,535 8,182,056 7,121.209 26.355,515 24.530.473 50,611,114 53,619,125
Freight
3,357,090 3,707,623 7,252,289 7,935,592 8,339.007 10.103.705 18,183,256 22,079,318
Passenger revenue__
8,577,023 8,157,805 17,301,526 16,813,851 37,359.660 37,506.975 74,681,823 82,224.787
Tot.,Incl. other rev.
expenses-Maint.way
881,977 1,335,333 1,814,432 2,589,524 3.288,128 4.555,039 6.958.641 9,172,830
Maint. of equipm't _
1,680,678 2,306,892 3,211,855 4,903,402 9.849,996 12,274.312 19.641.206 26,011.801
Traffic expenses.. _ _
51,068
59.681
101,999
116,188
359,510
409.601
862,159
904,778
Transportation exp..
3,802.208 5,042,578 7.913,540 10,391,144 14,548,049 18,711,438 29,595,707 40,997,460
Tot.exp..Inci.oth.
6,855,819 9,275,492 13,903.113 19,076,483 29,784,682 37.771,j22 60,636,985 80,854,341
Net from railroad__
1,721,204-1,117,681 3,398,41S-2,262,632 7,574,978 -264,747 14.044,838 1,370,446
Taxes
386,086
395,000
771,686
790,000,
817,000
837,195 1.905,667 1,972.025.
Uncollectible revenue_
1.118
986
2,774
3,878
4,610
2,034
6,120
7,246
67,248
-148.789
68,439
taxes,
&c_
-250,373 1,334,000-71,513,673 2,623,953-3,056,510 6.753,368-1.103.976 12,133,051, -608,825Net after
73T860
-59,351
-98,510
75,418
rents
Net after
906,208-1,858,788 1,798,773=3,654,629' 6.394.720-1.831,348 11-.360,817-1,793:492
176
176
176
176
Aver. miles of r'd oper.
1,986
1,986
1,896
1,986
7,323
7.322
7,323
7,322
Lake Erie & Western
New
Baltimore Chesapeake & Atlantic
Ontario & Western
-Month of February- -Jan.I to Feb.28- -Month York
of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.281922.
1922.
1921.
1921.
EARNINGS.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
$
$
$
$
$
8
$
$
$
$
$
$
643,615
662,660
1,268,059
1,242,238
Freight revenue
719,856
719,203
1,259,103
1,389,622
55,704
78.215
104,423
135,565.
32.206
62.052
67.642
128,391
Passenger revenue
110,192
121,697
236.180
263.227'
17,971
24,365
37.819
51,846
700,451
648,378 1,382.707 1,431,023
Tot.,Incl. other rev.
959,926
969,341 1,766,229 1,928,868
77.662
104,506
148,946
193,305.
106.216
124.240
213.344
288.987
Expenses-Maint.way
87,018
103.250
188.638
236,111
6,217
6,307
14,875
19,604
145,874
194,450
267.572
497,227
Mahn. of equipm't_
207,217
248,389
408,735
514.226
23,169
24,296
56.513
74,241
17,757
17.184
35,953
39,898
Traffic expenses..
14.446
13,955
27,859
30.115
1,108
1,073
2,872
2,606297,445
328,788
605.346
728.603
exp
Transportation
465.042
503.674
947.292 1.052.597
63,001
74,382
120.607
140,486 •
595.777
692,663 1,183,987 1,612,925
Tot.exp.,Incl.oth.
801,375
910.621 1.630,476 1,899,173
96,809
109,480
201,671,
244,435.
104.614 -44,285
198.720 -181-:902
Net from railroad_
158.551
68,726
135,75329,695 -19,147
-4.974 -52,725 -51,130
45,088
44,668
85.176
89,336
Taxes
38,000
35.500
76,000
71,000
18
14
118
59
Uncollectible revenue..
2
Cr22
7
3
4
8
4
59,568
-88,967
113,426
-271,297
Net after taxes. &c..
120,549
33,242
59,746 -41,308 -19,151. -4,982 -52,720 =51,138
58,871 -84,402
113.191. -276.712
Net after rents
75,097
37,00/
-17
,
-322
-28,549'
--18,863
-51,051
--5.078
--52,483
718
738
718
738
&ver. miles of r'd oper.
569
569
569
569
87
87
87
87
Michigan Central
New York Susquehanna & West
Cincinnati Lebanon & Northern'
-Month of February- -Jan.I to Feb.28- -Month
of
February-Jan.
1
to
Feb.
281922.
1922.
1921.
1921.
of February- -Jan.. 1 to Feb.28EARNINGS.
1922.
1921.
1922.
1921. -Month
$
$
$
$
1921.
1922.
1922.
1921.
$
$
$
S.
3,954,056 3,043,160 7,276,560 6,653.122
$
$
$
$
freight revenue
234,529
167,497
493,493
455,707
1,083.113 1.305,915 2,504,824 3,313.389
44,337
85,000
99,957
159.200.
Passenger revenue
127,420
56,117
62,608
115.385
6.845
10,155
13,708
19,051
5,532,241
4,715,548
10,809,285
10,844,045
rev.
other
Tot.. incl.
337,200
276,165
661.640
711.993
554.933
638.629 1,182,290 1,390,623
67.015
97.478
144,154
183,695
Expenses-Maint.way
32,621
32,625
58,916
93,781
9.577
12.059
24.226
30.492
Maint of equipm't_ 1,532,944 1,040,963 2,677,757 2,446,527
52.588
50,791
108.579
116,241
94.943
95,049
184,859
206,977
14.514
21,174
33.367
41,845.
_
Traffic
3,333
7.425
3,173
6.162
2,150.554 2,489,819 4,329.274 5,257,260
1.597
1.561
3.263
3,324
expenses_.exp
Transportation
181.266
249,605
375.824
530.225
51,479
51,585
106,733
119,517
Tot.exp..incl.oth. 4,536,436 4,478.342 8,802,645 9,764,692
279,243
346,319
571,292
765.031
79,766
88,978
172,770
202,551
1,079,353
995,805
2,006,640
237,206
ffet from railroad__
57,957 -70.154
90.348 -53.038
225.000
225.000
465,000
450,000
8,566 -287616 -18,858.
Taxes
25,151
26,018
50,984
51,851 -12,751
584
2,453
2.097
877
3,867
3,403
8,267
9,493
Uncollectible revenue
128
12
134
13
770,224
10,192 1,540,853,
_526,900
Net after taxes. &c..
32,678 -96,184
39,230 -104,902
4,633 -36,883 -28,351
-16,154
641.726 -30,115 1,319,004
476.952
Net after rents
20,316 -110.-6-61.
11,294 -88:089
1,862
1,865
1,862
1,865
3,526 -32,785 -30,72Aver. miles of r'd oper.
135
135
135
135 =15,902
76
76
76
76
Pittsburgh & Lake Erie
Norfolk & Western
Grand Rapids & Indiana
-Month of February- -Jan.1 to Feb. 28- -Month of
February-Jan.
1
to
Feb.
28February-Jan.
Month
of
1
to
Feb.
281922.
1921.
1922.
1921.
EARNINGS.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
$
$
$
$
$
$
$
$
$
$
$
$
1,574,667 1,749.404 3,067.714 4,192.966 5,478,697
freight revenue
4,673,931
10,621,860
10.943.571
320,900
402.963
777,956
828,200.
187.221
257,349
402,286
568.176
Passenger revenue.._
583,239
743.579 1.249.494 1,731,309
221.661
128,497
296,621
406,944
Tot.,incl. other rev. 1,832.315 2,189.814 3,608,588 5.165.380 6,325,621 -5,659.621 12.353,292 13.096.337
581,690 1,159,628 1,336,343
571.158
226.684
360,004
465.454
808.679
Expenses-Maint.way
818.201
842.665 1.669,604 1.873,803
62,281
129.419
61,723
141.669.
534.403 2,212.422 1,462,560 1,486.190
Maint. of equipm't. 1,131,435
1,535,961 2,935.237 3,273.175
176,920
360.681
176,473
372.041
17,390
24.207
38,910
51,426
Traffic expenses70,572
75,279
144.151
151,565
24.560
10.506
12.699
24,440.
671.209
907,110 1.331.076 2.049.369 2.064,606 2,590,615 4,236.496 6.000.988
Transportation exp.
378.907
695,251
344,647
824,200Tot.exp.,incl.oth. 2,108,054 1.902,511 4,180,462 4,535,367 4,583,507 5.214,476 _9,318,183 11,645,797
657.487 1,267,715 J.,420,i-27
621.575
287,303 -571.874
630.013 --1-,742,114
kret from railroad.._-.. -276,039
445,145 -3,035,109 -1,450,540 =50,417 -75.79/ -108.087 -83,784
78,368
225,100
156,617
450,200
Taxes
450,000
390,000
900.000
780,000
30,362
10,106
10,599
29,332
1
164
Uncollectible revenue..
476
215
1,347
457
29
47
62,203 -728,655,
179,813 1,291,638
Net after taxes, &c_ -354,348
54030 2,133,762
670,083 -61,04-85,903 -138,496 -113,116
5
277,200 -501,121
-231,160
677,458 1,510,807
Net after rents
256,631 2,509,152 1,258,917 -79,520 - --105,686 =173,933
144,477
227
224
227
224
Aver. miles of r'd over.
2,237
2.220
2,237
2,220
569
575
575
569'
Toledo & Ohio Central
Long Island
Southern
-Month of February- -Jan.1 to Feb. 28- -Month ofNorfolk
February-Jan.
1
to
Feb.
28-Month of February- -Jan.1 to Feb. 281922.
1922.
1921.
1921.
EARNINGS.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
$
$
$
$
761.251
657,180 1,463,865 1,436,317
'night revenue
497,949
483,761
884,249
842,487
619.357
531,591
1,215.730
1.073,00357.754
76.455
123,300
155.714
revenue.._..
Passenger
95,807
114,222
206,987 " 253,694 1,065.039 1,029.709 2,208,438 2,090,642
843,063
756,292 1,633,471 1,643,767
Tot.,incl. other rev.
620,240
630,510 1,140,105 1,168,197 1.863.172 1,720,822 3,784,475 3,495,703
256.289
107.568
106,381
227,688
Exp_enses--Maint.way
96,877
88.187
194,096
185,207
208,482
236.580
439,888
478,528
447.240
215,251
171,688
390,128
Maint of equipml.
91.734
85,644
197.141
172,267
768,321
394,089
375,431
822.267
11,559
23,278
24,301
12.549
Traffic expenses21.208
25,748
43
527
49,877
12.709
29,216
14,076
33,992
352.688
660,251
812,944
325.788
Transportation exp..
277,517
317,685
559,262
642,803
987.397 1,103,715 2,026,269 2,327,501
687.311
675.433 1,357,988 1,613,605
Tot.exp.,Incl.oth.
518,406
549,435 1,056,046 1,117,477 1,657.900 1,826,190 3,410,430 3,834,636
80,859
275.483
155.752
30:162
ffet from railroad
81.075
84,059
101.834
50,720 --205-,-272 -105,368
374.045 -338,932
55,026
55,855
110,052
111,710
TAMS
25,434
32,075
50.867
63,349
17.809
16,908
56,805
53,931
1
1
1
2
Uncollectible revenue..
2
30
2
278
1,295
3,751
303
100.725
25.003
165.430 -81,550
Netafter taxes, ate_
33,162 -12,631
76,393
48,398
186,168 -122,554
313,489 -393,166
104,539
84,999
17.278
-9,333
et after rents
33,212
--3,331 -23,250
54,945
131-,555. -13-77556
200,531 -448.000
503
503
503
503
Aver. miles of r'd over.
944
930
930
944
398
398
398
398
New York Chicago & St Louis
Maryland Delaware & Virginia
Northwestern
Pacific
-Month of February- -Jan.1 to Feb. 28- -Month of February- --Jan. 1 to Feb.28- -Month of February-Jan.1 to Feb. 281922.'
1921.
1922.
1921.
EARNINGS.
1922.
1922.
1921.
1921.
1922.
1921.
1922.
1921.
$
$
$
$
$
$
._ $
$
$
$
$
$
2,147,405 1,823,204 4,059.599 3,936,965
Freight revenue
240,506
551,037
274,388
468,532
41,107
52,275
82,167
100,004
84.035
93,117
162,889
193,636
Passenger revenue_ .._
148,341
176,843
319,343
369,308
11,405
14,921
25,022
37,151
2,279,555
1,945.662 4,313,290 4,210,699
Tot.,incl. other rev.
475,870
474,403
983,269
953,924
55,415
69,839
112,373
142,260
200.022
195.164
424.563
384,482
Expenses-M aint.way
93,775
117,268
198,836
269,148
4,769
8,176
11.334
17,329
362.641
438,266
766.269
725.946
Maint, of equipm't_
70,766
155,519
90,690
179,168
25,365
15,255
43,149
27,850
52,878
52.934
107.763
106,948
Traffic expenses
4,939
5,226
10,819
11,348
693
1,211
1,709
1,509
833,677
935,699 1,734,469 2,030,645
Transportation exp..
228,047
245,776
475,601
516,128
50.191
56,917
97,961
119,173
Tot.exp.,Incl.oth. 1.524,951 1,695,602
3,187,171 3,402,294
412,324
477,419
872,136 1,012,698
83,803
83,735
158,443
171,077
754.604
250.060 1,126.119
Net from rallroad..
808,405
63,546
-3,01d
111,133 -58,774 -28,388 -13,896 -46,073 --28,81-7
125,099
104,000
Taxes
243,755
208,000
45,093
30,611
90,186
61,059
Uncollectible revenue..
7
18
22
122
17
185
17
6
3
629,505
146,053
Net after taxes. &c..
882,346
600.383
18,331 -33,644
20,762 -119,850 --28.394 r -13,896 -46,079 -28,820
600,841
/get after rents
174,391
808,640
644,852
5,44g -31,690
-7,204 -118,835 ---29,866 -14,824 -49,594 ---29,497
523
Aver.miles °fed oper.
523
523
523
507
534
507
534
82
82
82
82
New York Connecting
Monongahela
Northern
Pacific
-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.
281922.
1921.
EARNINGS.
1922.
1921.
1922.
1021.
1922.
1922.
1921.
1922.
1921.
1921.
$
$
$
$
$
$
$
$
$
$
3
Freight revenue
242,136
283,484
445,812
564.883 4,342,706 3,982,286 8.610,828 8,414.698
,
679,589
7,752
244,489
73
4
401,852
Passenger revenue
1,022,993 1,254,953 2,166,337 2.690,196
28,799
35,360
60,305
76,251
Tot.,incl. other rev.
250,406
292,296
465.599
584.113 5.859,499 5,770.156 11.847,325 12.230.250
285,909
436,038
806,668
766,187
Expenses-MaInt.way
Cr395
7,277
3,667
26,375
759,520
65,737
845,488
37,634
1,495,686
1,679,172
82,456
146,106
Maint. of equipm't.
8,032
14.453
55,977
29,281 1,564,467 1,604.906 3,438,342 3,343,644
47.334
42,893
88,840
120,603
Traffic expenses..
123,151
115,026
3,196
256.759 • 233.348
1,027
2,255
5,062
Transportation erp.
42,540
56,753
83,993
123,458 2,789.474 2,978.221 5.734,570 6,210,840
83.298
101,194
199,642
224,467
Tot.exp.,Incl.oth.
51,615
79,950
147,000
180,946 ,,,
,539,835
5
195,053
207,639
5,899,608 11,553,243 12,220,002
393,885
512,139
et from railroad_ .._ _
198,791
212,346
318,599
403,167
319,664 -129:452
240,980
78,270
294,082
4112:7-id
10,248
254,041
taxes
38,592
33,000
76,392
64,870
750,000
771,946 1.500.000 1,542,653
8,000
6,500
16,000
13,000
ncollectible revenue..
8,328
10,890
967
2.139
Net after taxes, &c..
160,199
179,346
242,207
338,297 --438,664 --902,365--1,216,808-1,534,544
232,985
71,770
396,783
241,048
Net after rents
116,717
123.866
153,331
223,300 --196,712 --690,581 --821.275--1,122,897
117,601
50,51S
292,990 --T5T,72/
Aver. miles of r'd oper.
19
19
19
19
6,659
6,655
6,657
106
6,655
106
106
106
EARNINGS.




APRIL, 1922.]

RAILWAY EARNINGS

11

Pennsylvania System (Concluded)
Rutland
Philadelphia & Reading
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 28New York Philadelphia & Norfolk
1922.
1921.
-Month of February- -Jan.1 to Feb. 281922.
1922.
1921.
1921.
1922.
1921.
$
$
1921.
1922.
$
1921.
1922.
$
s
$
s
s
255,358
Freight revenue
243,233
374,600
793,000 5,946,688 5,4,12,973 10,915,900 11,987,84(
421,224
714.505
465,126
558.874
102.674
Passenger revenue_105.709
129.359
70,607
193 32i
226,697
719,366
57,933
866.913 1.565,458 1.874.817
234,153
422.507
Tot.,incl. other rev.
414,811
484,463
919,699 1,013,146 6,923,568 6,593,456 13,014,3,6 14,467,017
513,801
834.373
926,372
82,370
Expenses-Maint.way
89,736
47,159
99.706
171.064
92,313
598,253
40,361
679,077 1,512,490 1,438,81,
183,080
81,299
110.242
Maint. of equipm't_
136,023
263,30
177.557
286,219
1,552,718 1,984,516 3,310,576 4,471,789
136,012'
230.043
7,859
7,566
Traffic expenses_
7,941
16.598
15,745
16,407
51,105
6,639
15.382
55,755
111,198
111,459
211.500
240,669
Transportation exp_
318.943
646.680 2,537,676 3,185.726 5,037,022 6,940 35,
544.081
434.477
272,448
501.974
Tot.exp.,Incl.oth.
396,948
462,676
536.350
981,994 1,977.716 4,883.208 6.101,439 10,263,35 13.3 ,8.1.4r828.763
476,818
963,075
25'.V54 -47786
Net from railroad
-64,495
-4,399 2,040,3M
6:6-rfS
36,953 -5-1780
492,6i 2,781,091 1,098,92,
367
20,324
Taxes
23,659
7,388
19,598
19,580
40,824
191,370
7,768
47,473
241,357
385,039
482,713
Uncollectible revenue_
2
2
8
1
2
41
2,476
Cr116
.5,235 -71,524 -35,215 --84,176
Net after taxes, &c_
29,183 -59,275 -84,095 -23 897 1,818.949
250,660 2.393,576
616.33
16,1129 -49,87-g -13,208 -39,908
Net after rents
67TgIg'-----106T23 -40,067 1,641,367
-19,11 1--111,24 -72
-:01.070e7
288,705
Aver. miles of r'd oper.
415
415
121
122
121
415
1,127
122
1
1,126
415
1,127
1,126
Pittsburgh Cincinnati Chicago & St Louis
St Louis & San Francisco System
Pittsburgh & Shawmut
St Louis-San Francisco
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 281922.
EARNINGS.
-Month of February- -Jana to Feb.281921.
1921.
1922.
1922.
1921.
1922.
1921.
1921.
1922.
1922.
S
S
1921.
$
$
3
$
$
Freight revenue
4.856,587 4,503,100 9,448.009 11,232,400
124,608
124,730
218,717
260,624 4.186.085 4.370.304 8,201,092 9,018,101
Passenger revenue--- 1,367,822 1,107,246 3.057.620 3 335.473
5,838
6,520
11,659
14.198 1.242.959 1.686,914 2,613,923 3.595,868
Tot..incl. other rev. 6,900,167 6,060,812 13,883,337 15,8 i3,331
131,342
13 .317
23 ,147
278, 31 5.819,865 6.674.945 11,700,998 13.710,160
Expenses-Maint.way
787,556 1,092,524 1,7 ?9,4 /.0
733.920 1,315.552 1.459,677
631,207
533,842
26,785
27,073
51,601
58.819
Maint. of equipml. 2,018,738 2,762.768 4,044,306 5,779,665
29,368
43 337
60.282
87,026 1,151.166 1,160,531 2,258,616 2,582,037
Traffic expenses_ _ _
107,874
200,603
249,4.'0
93,353
1.527
71,385
95.752
155.886
1,310
182.986
2,037
5,157
Transportation exp_ 3,049,691 3,849.881 6,202.407 8.724,638
2.226,723 2,839.603 4,604.904 5,842,743
35,356
47.771
100.0
65 711
Tot.exp.,Incl.oth. 5,958,401 7,831,104 .12.095,173 17,133.. 35
101.127
1 7,806
201. 31
213 3' 4,237,799 5.014.427 8,683.159 10,500,963
941,75A-1,773,262 1,788,167-04
Net from railroad_
30,215
4,541
`'.2-1,216
5,001 1,582,066 1,660,518 3,017,839' T,209.191
Taxes
632,058
248,217
595,361
246,517
115
326.073
265,420
590,948
145
530,839
223
330
Uncollectible revenue..
615
300
5.726
9,409
1.896
4,510
694.939-2,021,479 1,192,1u1-1,91.6
Net after taxes, &c..
30,100
4,396
30,993
4.671 1,250.267 1,313.204 2,417,482 2,673,848
828,947-=2-31.R1A
Net after rents
530,56d-i,374,054
377
1.73T-fil. 33 •-27527J138 2,6237a
387133 -- 3.170- - 81,282 1,280,775.
2,383
2,383
Aver. miles of r'd oper.
2,412
2,412
102
4,760
4,760
4.760
102
4,760
102
102
Toledo Peoria & Western
Fort Worth & Rio Grande
Pittsburgh & West Virginia
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.281921.
1922.
EARNINGS.
1921.
1922.
1922.
1922.
1921.
1922.
1921.
1921.
1922.
1921.
$
$
$
$
$
$
$
$
$
172,315
14,191
81,265
Freight revenue
96,529
218,341
61,362
70,706
130,715
151,775.
165,086
385,550
403.703
112.608
86.962
51.029
Passenger revenue__
42,311
22,681
8,156
40.015
49.683
99,110
11,180
17.498
24.008
301,757
Tot.,incl. other rev
270,031
143,368
146,904
93,033
257.706
120,164
198,277
270,916,
208.825
483.378
475,560
Expenses-Maint.way
74,568
42,276
42,928
19,857
23,070
43,236
27,320
80,547
33,385
78,761
46,465
85,292
69,528
18,881
72,565
Maint. of equipm't.
31,312
21,428
82,127
24,001
43.306
49,584
76,244
180.941
158,005
5,584
3.983
6,867
Traffic expenses_
3,071
2.661
2,996
3.299
5,359
6,487
2,742
5.687
5.621
146.137
191.40 •
87,068
Transportation exp.
68,515
50.317
60,494
81,881
103,618
181,070
86.658
119,371
184,818
281,456 ,---358.877
160,958
Tot.exp.,Incl.oth.
129,779
121.872
190,452
142,926
243,206
330,717
225,807
39.5,726
483331
Net from rallroad..._ _
--=-17:0-0-6 -11.417 --a7,1 ,0
67,254 -16,0g1
-7.771 -28,830 -22,762 -44,919
87.652
20,000
Taxes
10,000
20,000
10,000
3,538
28,110
3,679
7.076
7,359
21,640
48,720
40,045
84
Uncollectible revenue_
80
1.374
79
1.395
79
115
-31,501
--27,600
--77,1.:0
Net after taxes, Ste_
7.045
39,144 --38.662
38.93! --47,931 -33.751 -26,5M -53 310 -67,239
Net after rents
1,126 -2072174 -0= -58,40
-34,217
2 3T0 -58,777 -101,032
27720
247
247
Aver. miles of r'd oper.
247
247
235
235
235
85
235
85
85
85
West Jersey & Seashore
St
San
Louis
Francisco & Texas
Pittsburgh
Shawmut
&
Northern
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.-28- -Month ofFebruary- -Jan. 1 to Feb. 281922.
1921.
EARNINGS.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
$
$
$
$
616,045
209,977
Freight revenue
333,510
513,613
100.318
103,565
218,279
99.106
82,475
262,091
183.061
182.155
472,642
Passenger revenue
765,038
395.726
905,242
13.303
18.881
28.250
6.930
7.901
43.654
14.440
16.455
738,131 1,515,097 1,577.439
Tot.. incl. other rev.
794,765
119.454
149.066
258.351
108,485
91.323
324,765,
202.954
201.052
Expenses-Maint.way
177,547
274,839
138,718
318,701
28.441
38.080
55.740
14,010
20.477
98,844
28.904
53.635
182,430
Maint. of equipm't.
381.685
182,913
389,078
30,732
18.037
49,110
54,602
58.077
83.490
77,071
120.391
10,759
29,095
Traffic expenses_ _
11,889
22,081
3.724
3.353
6,502
1.437
1.832
6,536
3.626
3.135
510,402
Transportation exp.
899.815 1.050.741
443.303
53.572
91.679
100.581
45,043
49.918
207,387
80.332
100.562
912,054 1,660,096 1,881,050
Tot.exp..inci.oth.
814,235
109.411
170,621
233.249
121.005 • 135,580
223,275
403.573,
298,776
7-6 --144,999 --3037611
Net from railroad..-- --19,476 --1702
10,043 -41.55g
-44,25't
-80,80
2032i'
97724
Taxes
1,990
1.865
3,729
- 2,187
2,229
3.980'
4.464
4.462
39
375
Uncollectible revenue_
338
62
2
119
297
120
-173,959
-145 374 -3.)3.673 -14,707 -46,486
Net after taxes. .Itc_
-19,808
8,176 -43.664
21.075 -84.908.
-24,785
-102,186
-arM
-186,1M
74•-•
•=1
Net after rents
q3-5j -•' --32
3 --.=13
.---777- -47074' -21.99 -156,221
-157623 "21084
72741
-35-,956 -11,081'
359
Aver. miles of r'd oper.
359
359
134
134
359
134
210
209
134
210
209
EARNINGS.

41,3ig

Peoria & Pekin Union

•

Port Reading

St Louis Transfer

-Month of February- -Jan.1 to Feb. 28- -Month ofFebruary- -Jan.1 to Feb .28- -Month of February- -Jan.1 to Feb. 281921.
1922.
1922.
1922.
1921.
1921.
1922.
1922.
1921.
1922.
1921.
1921.
$
$
$
$
$
i
$
$
$
i
$
11,851
31,094
Freight revenue
1%7,360
26,025
155,453
151,620
346,262
a
288.102
2,507
Passenger revenue__ _
2,926
5.723
5,569
132,693
Tot.,incl. other rev.
316.766
172,398
306.381
105.000
88.725
227,242
212.087
204.116
405.471
464.296
222.261
Expenses-Maint.way
19,125
16,916
9.149
36,714
7,954
8.921
19.176
20,660
35.509
12.268
28,137
19.220
Maint. of equipm't_
32,382
21,472
44,481
73,514
4.573
4,369
6,941
4,816
1,986
13,472
13,605
9,118
65
_
Traffic
173
89
119
168
199
370
229
391
18
458
36
expenses_84,861
Transportation
exp.
65.626
133.170
196.687
32.994
37,704
68,406
65,202
84.746
129.3,
193.368
88,336
18
142.303
Tot.exp..incl.oth.
101,358
213,46,1
319,397
47.349
53,069
92,185
98.598
99,286
121,252
181,468
235.643
Net from railroad..._
fo3.56
' 3565g
57,651
=37489
135,057
10f.;006
1-04:830
224T003' "228t853 =
Taxes
14,000
15,000
26,500
25:000
891
362
1,783
14,373
13,163
716
28.746
26.326
Uncollectible revenue_
73
124
Cr60
53.010 -23,610
Net after taxes, &c.
77,002 -37,986
56,687
35,294
111.582
120.684
91,667
195,257
100,353
202,327
Net after rents
48715g
1,725
31,686 Th98059,520
33,06I
677201' • 69T788
917,72f
Aver. miles of r'd oper.
19
19
19
6
19
6
21
6
21
21
21
43.
Perkiomen
Louis
St
Southwestern System
Quincy Omaha & Kansas City
-Month of February- -Jan.1 to Feb.28- -Month
St Louis Southwestern
ofFebruary- -Jan.1 to Feb. 281922.
1921.
EARNINGS.
1922.
-Month ofFebruary- -Jan.Ito Feb.281921.
1922.
1921.
1921.
1922.
$
$
$
1922.
$
1921.
1922.
1921.
Freight revenue
113,989
74,480
151,729
250,892
5411,981
4,707
93.911
143.178 1,067.254 1,095.415 2.201.152 2,373,690,
6,662
Passenger revenue_..8.149
14,072
16,654
121.860
20,992
151.960
27,499
259,270
55.499
42.870
333.147
125.917
Tot.,incl. other rev.
84.419
172,046
275,599
80,078
107,163
212,684 1.233.551 1,296.889 2,555,358 2,816.535.
152,895
4,997
Expenses-Maint.way
6,310
13,031
12,086
217.434
153.257
40,426
441.657
17,284
50,182
62,060
365.605.
3,867
3,617
Maint. of equipmet.
8,372
7,804
190,448
262.745
400,723
18,013
16,386
38,967
35,336
521,089
107
13
Traffic expenses...
213
28
42.672
52,864
88.944
795
853
1,679
102,330,
1,709
42,509
35,167
Transportation exp_
88.841
75,026
336.185
421.895
690,721
41,619
132.435
51.537
89,454
895.067
52,392
45,480
Tot.exp.,Incl.oth.
112,330
95,820
843.513
953.992 1.738.6.33 2,011,565
106,298
87.961
191,414
227,754
Net from railroad.._ _ ""727627
"----W7r64
179,770 390.038'
---3-427807"-672726
8167725- 804.970,
10,202 L=M-ff --15,070
Taxes
4,449
3,144
8,743
6,288
48,654
43,375
4,415
103,526
4,150
7,849
88,199
8,299
Uncollectible revenue_
493
143
917
443
Net after taxes, &c_
27.578
77,293
50,973
173,491 -30,635
340.891
299.379
712.482
716.328
15,052 -46,368 -23,369
"
-WM
Net after rents
'
---72701
WSW
1-64,665
310,-35g '----2887004 0.41.287
1. W-2
-W;
10-.-3-74 -.-3L73'
--7-4J88
.
Aver. miles of r'd oper.
41
41
41
41
968
968
252
968
252
968
252
253
Pere Marquette
St Louis Southwestern By of Texas
Richmond
Fredericksb
&
Potomac
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb.
28- -Month of February- -Jan.1 to Feb. 28EARNINGS.
1921.
1922.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
1922.
1921.
1921.
$
$
$
$
$
$
$
$
Freight revenue
2148,298 1,640,745 3,988,285 3,TP9,429
415.844
494,887
356,317
442,766
916.485
651.108
968.364
868.408
Passenger revenue... '328,085
383.805
731.931
853,556
79,105
289,743
89,314
308,996
171.136
619,949
205,765
685,610
Tot.,incl. other rev.
681,081 2,175,860 5,7,091
11
4,580,414
526.597
626,431 1,150.110 1,259.200
776,431
816,316 1,527.588 1,711,811
Expenses-Maint.way 2'223,060
260,301
432,027
583,029
141,317
147.264
70,411
303.875
296,468
146,264
153,332
304.314
Maint. of equIpm't_
450,748
528,639
988,489 1,099,451
144.770
194,473
108.870
307.817
142,923
219,958
392,820
291,487
Traffic expenses....
46,864
58,745
102,012
104,510
19.116
21,579
38.874
8,165
8,365
15.437
42.559
16,336
Transportation exp_ 1,182.182 1,213,245 2.367,300 2.682,101
283.450
343,419
304,143
605.602
379,230
611,414
707.812
793.026
Tot.exp.,Inc.I.oth. 2,097,226 2,094,144 4,117,387 4,709,222
618,533
541,082
743,901 1.317.982 1,521.787
712,165 1,095,577 1,462,032
Net from railroad....
81,716 .---00r/ITT -128,808
584,7ao
7:8-72 -262,581
235,344 --INTIM
4 gWir • 37782 -91,98 --117.470
Taxes
115,893
125,846
257.215
197,255
24,000
24.006
48,000
39,963
37,007
75,423
48,011
76,469
Uncollectible revenue_
54
1,075
1.538
74
516
55
94
126
127
63
Net after taxes, &c_
457,834 -34.231
740,951 -326,579
195,260
67.144
356.461
173.313 --116_,060 --141,531 --215,966 --310.661
Net after rents
5,424
-5216 -2$37710
-120.574
2
1
133,000
=212,993
-274,049
7,210
93,608
29,70S .--24-1
,314
Aver. miles of r'd over,
2,222
2,238
2,222
2,238
807
117
807
117
807
117
807
117
EARNINGS.

,7673a - ,37o




128,266

[vol.. 114.

RAILWAY EARNINGS

12

(Cowl.)
Southern Railway System (Cond.) Solitlimi Pacific System
San Antonio & Aransas Pass
Houston East & West Texas
New Orleans 14 Northeastern RR
-Month of February- -Jan.1 to Feb.2828Feb.
to
1
February-Jan.
of
-Month
28
1
toFeb.
ry-Jan.
-MonthofFebrua
1921.
1922.
1921.
1922.
EARNINGS.
1921.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
36
i
3
$
339,850
335,005
160,453
842,272
167.728
735.768
449,880
364.025
677.008
593.144
4,704
32
314.301
Freight revenue
96.686
70.959
41.338
34,398
191.242
143.982
91.379
68.132
166.907
115.333
70.248
52,210
Passenger revenue_
463.810
428,107
212.584
212,452
964,066 1,135.006
576.779
473.305
900.414
753.599
422.895
388.790
Tot.. Incl. oCher rev.
79,106
92.624
39,804
45,757
202,738
134.719
95.824
71,283
276,683
181.101
111.205
85.238
Expenses-Maint.way
76,783
99.535
35.629
43,227
248.336
184.771
97.242
90,182
200.391
211.819
106.470
100.378
Maint. of equipm't.
8.017
6,705
4.181
3.103
26.730
23.920
13.409
11.985
21,359
19.075
10.543
9.905
Traffic expenses_ _ _
252.006
207.377
106.631
94.850
586,738
461.673
281,706
216,113
554.136
389.441
274.617
189.439
Transportation exp_
432,143
422,641
193,896
195,711
848.556 1.112,295
510.967
409,995
851,031 1,097,860
526,405
410,106
Tot.exp-incl.oth.
31.667
5.466
18,688
22.711
16,741
115510
65.812
63,310
-21.316 --103,510 --07.432 --197.446
Net from railroad_
15,878
15.038
7.939
7,519
76.762
87,102
38.189
43,551
26,534
27,512
13.299
13,882
Taxes
212
114
16
842
95
35
2
1
90
851
15
47
Uncollectible revenue_
15.577
-9,686
10,733
9,127
-54,893
28,373
27.621
19,758
--224,070
--125.795
--35,245 --116,824
Net after taxes. &c_
•
-44.34-17 -21,568
-5,6-51 -4,812
4 -133.012
7.042,20f. --24-,-519
--45.902 7:=100.949 --140,526 --195,828
Net after rents
191
191
191
207
191
207
207
207
738
739
738
739
Aver. miles of r'd oper.
Western
Louisiana
Alabama
Northern
.
Eitt11 Antonio Uvalde & Gulf
1 to Feb.28-Month of February- -Jan.1 to Feb. 28- -Month ofFebruary- -Jan.1 to Feb.28- -Month of February- -Jan.
1921.
1922.
1921.
1922.
1922.
1921.
1922.
1921.
1922.
1921.
1921.
1922.
EARNINGS.
$
3
$
3
$
$
$
3
. a
$
478,097
505,099
213,702
271,054
146.792
142.600
9%.683
55.206
71,175
7.687
4
8
45.625
45.640
Freight revenue
208,978
171,540
94.312
81,213
31.414
21.138
52.852
13.972
9.830
32,400
24.158
14,541
Passenger revenue_ _ _
736,370
719,231
374,439
349,660
183.031
167.987
71.349
82.921
175,066
132.083
80,904
66,z59
Tot., Inei, other rev.
107,909
131,023
53.283
67,682
34.871
32.151
18.872
25.006
24.219
16.185
11,279
10,248
Expenses- Maint way
186.515
137,481
105,882
72,010
11.577
9,222
3.959
4.774
35.015
16,426
20,577
10,262
Maint. of equlpm't_
24,841
17,621
12.857
9,508
3.760
2.988
1.741
4.646
1.128
5,484
2.443
2,857
Traffic expenses.. _ _
241.586
208,824
134.365
96.956
102.792
70.367
41,229
83.590
32.591
61.542
37.483
29,899
Transportation exp_
602,312
510,456
346,195
268,494
160,198
120.573
69,732
57,150
161,840
124,499
74,457
59,503
Tot.exp..incl.oth.
134.65g
178.778
3,46d
105, 4
22.833
47.414
1.617
25.771
13,226
7.584
6,756
Net from railroad_ _ _ _
51.651
54,548
27,985
27,274
9,019
8.094
5,580
3,814
5.820
4.047
2,772
2,819
Taxes
Cr181
979
58
706
46
16
23
265
241
Uncollectible revenue_
82,598
123,251
-24,578
77,965
13,814
39,274
.
-2,197
21,701
1,499
7,530
3.725
3,696
Net after taxes, &c_
82,224
WM
11.09S -17-:426 ---7-6-,731i -21,054
-1,522
12,913
-5,081 -17,887 --12,317
Net after rents
207
207
207
207
110
110
110
110
317
317
317
317
Aver. miles of r'd oper.
Morgan's Louisiana & Texas RR
Southern Pacific System
Seaboard Air Line
-Month of February- -Jan.1 to Feb. 28Southern Pacific
-Month of February- -Jan.1 to Feb. 281922.
1921.
1921.
1922.
-Month of February- -Jan.1 to Feb. 281922.
1921.
1921.
1922.
EARNINGS.
$
1922.
1921.
1922.
1921.
3
$
$
3
3
84,518 1,049,689
54,443
435.445
17.006.239
15.181,240
5,427
,075
8.419.913
7.336,407
4,632.690
2.756,114
2,355,908
revenue
Freight
313.520
300,472
159,964
145,842
6,432,093
8.498.867
3.962,535
2,084.918
3.046.115
1,811,239
849.071
812,303
Passenger revenue
702,706 1,435,437 1,494,884
627,047
11.363.771 13.041.649 23,795.506 28,332,729
Tot., incl. other rev. 3,409.446 3,860.117 6,997.815 8,195,463
353,931
275,750
156.303
131,355
990,779 1.884.214 1.581.611 3.836.785 3,718,469
849.803
504,980
398,121
Expenses-Maint.way
343,565
303,302
123,338
149,669
4.783,259
5.069.418
2,193.242
2.266.959
1,307,832
1,298.995
752.709
663.080
equipm't_
of
Maint.
37,660
32,931)
19.371
16,157
456.862
451.268
224.134
257,079
220.740
233.389
132,566
106.773
Traffic expenses_ _
693.527 •
5?6.557
330,852
251,862
Transportation exp. 1,565.201 1,930.539 3.173.709 4,033,761 4,419.246 5,709.773 9,218.549 12,214.403
1,499,103
1.413,750
664,570
589,720
22,955,103
19,641,857
10.453,006
Tot.exp..inci.oth. 2,925,975 3,518,381 5,917.693 6,990,743 9,437,691
-6,2113
1W
2
45.ia •--7
37,327
.73o 1,080.122 1,204,520 1.926.080 3,191.613 4,153.649 5.377,626
4832! "3U.734
_
N'et from railroad
83,465
90,048
38.901
45,024
911.854 2,465.297 1.823.708
300,000 1,235.340
330,000
150,000
165,000
Taxes
725
577
494
514
10.682
11.151
8,610
559
4.158
4.244
3.533
271
Uncollectible revenue_
5,738 • -68,938 -90.409
-8,211
900,354
749.503
636,496 2.271.179_, 1.677,670 3,542 767
188,403
318.000
Net after taxes, &c_
-161,13
ff
1
I
7
--23T50
:761775-6-3,426
658.516 1,939.752 1,6C7,315 3,171.377 --2603
255.956
Net after rents
400
400
400
400
7.115
7,110
7.110
3,563
7,119
3.563
3,503
3,563
Aver. miles of r'd oper.
Texas its New Orleans .
Arizona Eastern
Southern Railway System '
-Month of February--Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28Southern Rail way
1921.
1921.
1922.
1922.
1921.
1922.
1922.
1921.
-Month of February- -Jan. 1 to Feb. 28EARNINGS.
$
$
$
$
3
$
1921.
1922.
1921.
1922.
483,152
522.948 1,176,217 1.102.937
308,971
543,295
221,575
163,335
13.324.757
12.357.843
6.551.171
6,305.982
Freight revenue
314.510
141.319
292.240
102,828
44,822
55.945
140,499
28.314
Passenger revenue.. _ _ 2.036.258 2,409.264 4.480.450 5.375.983
685.061 1,549,639 1,486,342
364,u02
63,),900
220,904
720,825
200,007
Tot.,Incl. other rev. 9.019.687 9.798.330 18,237.219 20.491.259
290.680
265.262
108,625
130.311
52.772
149.288
51,828
23.270
Expenses-Maint.way 1,393.798 1.919.564 2.651.226 3.884.365
430.465
182.237
343,952
96.982
50,353
167,922
46,270
24,657
4.539.157
3.438.000
1.721.203
2,149.018
Maint. of equiprn't_
24.372
24.252
8,489
12.272
5,251
11.133
5.001
2,502
423.199
403.414
191.332
199.340
Traffic expenses_ _ _
678.020
557,333
333,408
230,413
125.003
262.818
111,611
61.481
Transportation exp. 3.824.008 4.995.942 8.007.928 10.612.195
692,429 1,257,982, 1,489,535
500,481
277,985
241,943
625,137
132,371
Tot.exp..Inclath. 7,527.984 9,678,829 15,290,253 20,349.097
-3.193
291.657
-7,359
• 136,424
10-C9157
95,688
08.06
142,162
119,504 2.946.966
Net from railroad.. _ 1.491.703
40,022
53,484
48,398
20.011
48,560
24,238
24,280
26,742
850.206
741.377
361.428
433.661
Taxes
339
909
83
277
51
111
9
18
9.066
11.179
5.709
5.529
Uncollectible revenue..
,
242.920
-44.124
84,857
56,356
-27.647
71,339
43,898
-608,281
2,C85.581
-247.453
1,052,333
Net after taxes, &c..
1677534 --123Tgig
---i-T
8rtAO
10,164 ''=74-7-,6
38.721 --55,266
701.855 -868,479 1,441.051 -1,494,534
Net after rents
507
382
475
382
382
475
507
• 382
6,971
6.971
6,971
6,971
Aver. miles of r'd oper.
Atlantic Steamship Lines
Spokane International
Alabama Great Southern
-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jana to Feb.281921.
1921.
1922.
1922.
1922.
1921.
1921.
1922.
1922.
1921.
1922.
1921.
EARNINGS.
$
$
$
$
$
$
$
$
$
$
$
$
72,070
145,890
158.458
68,498
813.882 1,701.193 1,483.666
901.985
611.859 1,012.788 1.223.687
008.599
Freight revenue
15.158
35,130
17,716
8,335
128.946
69.589
99.586
52,613
349,99C
249.850
113.414
157.708
Passenger revenue
201,1168
90,817
170,966
80,137
924.390 1,888.314 1,693,449
996.091
811.967 1,329.400 1.684.029
655.982
Tot.,Incl. other rev.
27,774
12,954
8,456
18,065
20.886
10,743
28.747
10,175
278,714
161,695
83.540
136.797
Expenses-Maint way
7,227
7,854
14,055
15.488
157.856
288.991
313.897
156.783
368.149
268.280
118.839
154.485
Maint. of equipm't_
3,302
0,563
3.225
6,445
30.263
33.202
15.108
15,658
42.247
40.978
23.294
21.316
Traffic expenses. _ _
30,345
73.168
75,455
31.307
643.641 1.099.129 1.322.120
557.471
854.717
583.671
274.086
336.375
Transportation exp.
67
60,493
145,908
138,890
1088.588
1,748.114
856,624
764,970
.
1,906.775
1,117,528
527,212
723,499
Tot.exp.,Incl.oth.
62,7
19,644
23,44g
4570g"
67.766
309.726 -54.665
77.254 --231.121
211,872
88.468
128.770
Net from railroad _ _ _ _
5,473
10,946
12,891
7,766
11.524
23.786
23.046
11,893
50.528
57.857
29,391
26,497
Taxes
12
10
5
918
120
2,365
6
36
Uncollectible revenue_
31,050
49,887
14,161
15,481
56,242
375,022 -77,716
219,228
26.606
,
.
99,343
61.965
151.650
Net after taxes, &c_
NW
5,63-6
375.50i -75,802
56,212
219,708
33,912
.
72,733
154.128
105,388
Net after rents
165
165
195
165
313
313
313
313
oper.
r'd
of
miles
Aver.
Galveston Harrisburg & San Antonio
Spokane Portland & Seattle
Cincinnati New Orleans & Texas Pacific
-Month of February- -Jan. 1 to Feb. 28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 281922.
1921.
1922.
1922.
1921.
1921.
1922.
1921.
1921.
1922.
1922.
1921.
EARNINGS.
3
$
$
$
3.13
$
8
$
$
$
$
$
335,308
700,5.17
1.983
696,168
3,412,838
2,397.081
2,092,850
1,463.573
1.227,288
971,531
1,032.089
1.884.017
Freight revenue
225,033
129,897
284.549
105,781
915,040
693.865
419,364
688,587
334,171
562,597
235.950
277,597
Passenger revenue
510,959 1,919,295 1,075,738
486,542
4,669.161
Tot.. Incl. other rev. 1,261.953 1,385.848 2,566,559 2,950,7(.7 1,655.847 2.051.596 3.285.439
94,237
163,923
45,907
80.172
035.520
647,461
427.373
317,013
275.901
316,841
145.448
195,592
Expenses-Maint.way
175,691
199,973
77,683
92,377
1,018.529
508.776
654.173
874,429
295,181
328.304
639.467
387.232
equiprn't_
of
Maint.
16,446
17,490
8,147
8,727
81.179
96.686
48,580
62.746
28.417
38.834
56.849
31.119
Traffic expenses_ _ _
216,460
374.781
462,635
175,401
852.948 1.364.810 1,858.9C5
651.213
935.366 1,403.377
659.296
Transportation exp_ - 449.722
426,161
715,340
908.972
331,385
Tot.exp..inel.oth. 1,001:044 1,327,905 2,008,369 2,881,757 1.360.621 1,816,279 2,883,935 3,813,533
T66, tti
MT-al'
152,15/ • •71.
855,628
401,504
295.226
235,317
68,950
260.909
57.943"t58.199
Net from railroad. _ _
80,830
168,200
161,636
85,453
84,100
103.041
42.726
51.586
93,130
108.711
46.568
54,322
Taxes
127
336
48
26
1,753
1,626
858
832
21
24
663
608
Uncoilectible revenue..
3,841
4,794
135.707
68,031
.,
768,422
.
2
191,734
296.837
12,808
-24,210
448,825
11,354
205.979
Net after taxes. &o_
1357
2-6 -ff,21"g
-9;TA
62,8a
453,873
224,323
44,654
206.447
-=79.889
431,121 -21,886
164,662
Net after rents
549
549
549'
549
1,380
1.379
1,380
338
1.379
338
338
. 338
Aver. miles of r'd over.
Houston & Texas Central
Staten Island Rapid Transit
Georgia Southern & Florida
-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28-1921.
1922.
1922.
1921.
1922.
1921.
1922.
1921.
1922.
1921.
1921.
1922.
EARNINGS.
$
$
$
$
$
$
$
$
$
$
$
$
81,807
140,963
78,744
164.396
678,634 1,791.845 1,459,370
754,658
529,178
250.579
490.534
223,478
Freight revenue
823063
158.075
74.019
168,568
591,367
431.210
186.333
195.277
275.436
198.108
89.100
84,306
_
_
revenue_
Passenger
177,067
166,508
325,194
362.086
919,228 2,504,229 2,025,437
798,851 1,090,348
748.765
369.775
337.019
Tot.. incl. other rev.
.33,472
29,881
73,294
408.926
73.851
409,659
190,942
207.837
189.087
124.787
89,005
66.951
Expenses-Maint.way
41.016
27,108
77.777
74.756
193,105
458.042
385.978
188.118
206.533
127.793
97,920
57.924
Maint. of equipm't_
1,656
2,140
3,502
3,328
45.992
44,409
22,422
17,220
21,654
16.779
8.224
7.876
Traffic expenses_ _ _
118,522
218,344
917.381
103,940
254.125
431.577
905,437
413,927
467.601
543.639
218.266
169.946
Transportation exp..
208,042
.
175,687
1,908,215
399.497
.
432,015
869.964
1.810,484
896.855
886,389
643,838
430,613
317,201
Tot.exp-inc].oth.
596,014
49.264
214;95-4 -=9,176 -36:676 -7.00 -662
203.959
104,927 -98.004
19.818 -60.838
Net from rallroad......_ 87,689
12,000
88.383
15,000
30.000
34,182
24,000
44.211
43,845
24,518
17,086
6.936
Taxes
894
320
2,882
426
560
263
348
90
Cr20
133
Cr23
133
Uncollectible revenue_
-43,301
12_7,002
-24.605
506,737
_-107.185 -94,277
5.329
159.188
80,276, -132.166
12,749 -77,901.
Net after taxes, &e_
-477825
-54,100
405,307
127,588
-13i79A5
67.5d
-24.740
46,064 -167,058
1,236 -82,082
Net after rents
23
23
923
923
23
923
923
23
402
402
402
402
Aver. miles of edaper.

43.161-77616




21,020

1-6,863

---3-87ga

1i010

13.

RAILWAY EARNINGS

APRIL, 1922.]

Union Pacific System

Wabash

Toledo St Louis & Western

Utah

Wheeling & Lake Erie

Ulster & Delaware

Vicksburg Shreveport & Pacific

Wichita Falls & Northwestern

Union RR (of Pennsylvania)

Virginian

Yazoo & Mississippi Valley

Tennessee Central

-Month of February- -Jan.1 to Feb.28Union Pacific
1921.
1922.
1921.
1922.
-Month of February- -Jan.1 to Feb.28$
$
$
1921.
1922.
1921.
1922.
5,269,734 4,947,081 10,249,862 10.946.878 3,67S8,132 3,318,047 7,043,075 6,831,722
1,620.671
1,271,439
759,711
590,235
3.019,449
1,048,229 1,365,990 2,279,720
9,147,821
6,957,254 6,948,387 13,770,287 15,441,691 4,532,121 4,430,804 8,834,612
592,313 1,155.325 1.217,373
554,342
559,264 1,032,908 1,435.477
472.448
965,346 1,788,101 2.047,967
862,380
1,506,804 1.768,177 3,040.478 4,030.594
221,042
229,222
110,254
140,375
256.683
238,256
119,084
111,618
2,282,676 2,516,426 4,726,754 5,680,526 1,961,597 2,079,740 3,964.666 4,556,644
8,481,246
7,481,963
,
3,965,100
3,687,091
4,801,834 5,456,981 9,918,382 12,461,100
465,704 U52,644; 666,575
845,0361355,420 1,491,466 Th-,-851-.906 -2,980,591
273,188
377,112
136,828
188,556
566,949
569,108 1,134.034 1,736,716
274
499
128
158
29
805
3
799
393,113
975.038
328,748
656,316
1,587,672
922,295 2,717,066 1,843,846
-38,518
401,241 1- 106,598 171,201 .956 1,562.306
1,560,886
801-,891 -2,6192,472
2,472
2,472
2,472
3,614
3,665
3,665
3,614
Western Maryland
Oregon Short Line
of St Louis
Terminal RR Assoc'n
of February- -Jan.1 to Feb.28Terminal Railroad Association of St Louis -Month of February- -Jan.1 to Feb. 28- -Month
1921.
1922.
1921.
1922.
1921.
1922.
1922.
1921.
-Month of February- -Jan.1 to Feb.28EARNINGS.
$
$
$
$
S
8
1922.
1921.
$
$
1921.
1922.
2,843.043
2,622,693
8,204
1,32
,157
1,316
2,046,450 1,696.771 4,036,853 3,645,131
188.738
144.882
Freight revenue
87.382
67,623
1,001,415
1
349,564
744,721
1
456,255
Passenger revenue.._ _
3,202,105
742,920 2,584,141 2,349,798 5,151,500 5.083,385 1,504,040 1,500.824 2,982.306
753,931
343,298
362,718
407,917
Tot.,incl. other rev.
401.866
189,285
206,663
897,183
286,301
172,164
555.071
126.466
273,632
87.640
56.832
862,758
569,797
Expenses-Maint.way
383.112
285,948
75,728
70,566
491,233
550,109 1,026,657 1,264.663
33,522
34,111
52,254
Maint. of equipm't_
60,584
25.299
28.473
84.931
949
2.020
87,349
45,220
1,916
42,708
1,028
Traffic expenses_ _ _
630,508 1,061,245 1.332,829
529,866
313.400
252.841
135,351
878,489
921,908 1,796,396 1.987,541
121.650
Transportation exp_
587,545 1,863,441 1,969,22- 3.796,781 4,619,139 1,118,966 1,301.867 2.227,338 2,811.219
473,134
268,966
222,895
Tot.exp.,incl.oth.
340,886
754,968
195.957'
85,074
155,375
464,246
280,79/
720,700"--380,566 -1;354,716-'"---74.13-2
119.828'
Net from railroad....-.130.000
100,000
50,000
50,000
579,651
85,861
548,516
110,685
42,931
274,258
297,568
55,342
Taxes
7
134
1,843
67
83
20
Uncollectible revenue..
260.886
654.968
145,957
335,074
.
31.401
69,507
804,360 -115,539
170.045
82,998
446,359
84.461 •
Net after taxes, &c_
468,380
532,570
298,311 749,266. M163.483 Th8;818 'I "" 231,786
'fl=64,016420,941'
396570
196,778 =407271797
Net after rents
804
797
804
2,359
37
37
2,359
37
2,359
2,359
37
Aver. miles of r'd oper.
Western Pacific
Oregon-Washington RR & Navigation
St Louis Merchants Bridge Terminal
28-Month of February- -Jan.1 to Feb. 28- -Month of February- --Jan. 1 to Feb. 28- -Month of February- -Jan.Ito Feb.
1921.
1922.
1921.
1922.
1921.
1922.
1921.
1921.
1922.
1922.
1922.
1921.
EARNINGS.
$
$
$
$
$
$
S
s
$
s
$
$
622.935 1,221,628 1.344.600
601.397
1,423,246 1,406,067 2,891.878 2.715.198
Freight revenue
325.090
208,861
148.265
86,445
767,604 1.005.452
454,565
363,205
Passenger revenue_....
814.507 1,527,737 1,766.081
737,297
7
266,143
4.060.36
615.926
2
591.411
311,255
3,982.762,019,882
1,944,622
Tot.,incl. other rev.
246.879
225,237
106.975
119,277
50,146
954.898
81.016
112.431
579.989
36.811
383,605
304,681
Expenses-Maint.way
384,865
312.428
177.524
164.518
47.207
77.368
40.341
771,993 1,001.645
450,619
22,913
375,847
Maint of equipm't.
59.547
56,958
30.511
948
28,574
114.070
907
1.864
1,861
112,906
60,406
54,947
Traffic
790.000
696,217
361,558
359.753
172.975
294,956
142,872
388.465
986,823 1,918,871 2,081,150
929,883
exp_
expenses..Transportation
1,608,458
1,406,487
737.777
594,453 1,808,985 2,05-0.688- -3-.876,872- 4,488.66-7 733,045
427,887
206358... 278.365
Tot.exp..1ncl.oth.
121,256' `=-157.62-1
-=-6.78-6
4,252'
=-428.300
104.897 - --12,221 188,039 -3.042 135,637 -30.804 - 302.890 7
Net from railroad....
136,588
172,240
69,169
86,117
12,815
362,425
31.667
15,834
25,631
362.557
180,938
180,878
Taxes
300
87
216
3
175
35
217
126
175
6
215
84
Uncollectible revenue
20,735
7,345 -51,077
156,155- -28,848 --45,325 --211,748 -59,793 -790,760 -81.868
88,848 -25,212
Net after taxes, &c..
170,21
7,846'
80-361195,215
-5,015 -122;316 -285.526 --219311 -942.787 -57.238
106,640 --12,721
Net after rents
1,011
1,042
.1,011
1,042
9
2.223
9
9
9
2,218
2,223
2,218
Aver. miles ofr'd oper.
Western Ry of Alabama
Texas & Pacific
St Joseph & Grand Island
28-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.
1921.
1922.
1921.
1921.
1922.
1922.
1921.
1921.
1922.
1922.
1921.
1922.
EARNINGS.
$
$
3
$
$
$
$
5
$
$
198,950
191,261
101.632
4,558
410,779
1,563,384 2,055,025 3.355.386 4.394,560
402.190
202,961
204.122
Freight revenue
155.723
113.901
55,693
47.347
702,672 1,134.067 1,574,321
67.911
45,931
512.654
31,546
22,663
Passenger revenue_ _ _
388.485
313.011
173,376
161,078
2,918.738 4,811,418 6.457.234
503.349
472.806
245.400
238,495
Tot.,Incl. other rev. 2,237.907
59.140
48.096
26,892
24.361
448.643
821.618
70.382
381,938
55.466
991,245
23.724
28,029
Ex_penses-Maint.way
113,732
93.578
57,909
44.362
645.790 1.021.038 1,370,924
111.361
485.052
87.902
50,003
44,249
Maint. of equipm't.
15.560
15,229
8,024
7,464
55.726
92.101
5.013
5,392
109.440
45,078
2,875
2.781
Traffic expenses....
161,743
133,058
68,156
63.620
266,549
888.380 1,311.711 1.938.028 2,896.123
229.336
124.658
112,820
Transportationexp
377.545
317.711
174,908
151.467
2,587,095
4,094.162 -5,631.218
487,440
401.978
215,287
199,463
_ , ____
Tot.exp..incl.oth. 1,895,631
10.946
25,200
--1.532
7,211
331,643
717.256
15,909
342.27670.828'
826,016 30,11J
39,032
Net from railroad..._.. 17,601
13.450
8,960
5,747
127.616
250,000
27,228
125,000
255,232
35,588
13.488
17,767
Taxes
391
244
130
657
Uncollectible revenue..
203.636
---6,661
217.146
467,012
570,127
11,840
1.464 --10,492
35,240 =11,319
16,625
21,265
Net after taxes, &c.
72.889
5,134,553
57
258.457
1317--255.064
- ,144
2,707
26,592' =33.695
5,320'
16,885
Net after rents
133
133
133
133
1,946
1,952
258
1,952
258
1,946
258
258
Aver. miles ofr'd open

-Month of February- -Jan.1 to Feb. 281921.
1922.
1921.
1922.
EARNINGS.
247,617
242,503
130,628
127,254
Freight revenue
97.450
75,213
44,657
34,702
Passenger revenue._ _
367,853
342,370
185.702
174,836
Tot.,incl. other rev.
79,430
63,983
39,246
22,773
nt.way
Expenses-Mai
90,304
67.803
44,974
24,479
Maint. of equipm't_
9,601
9,701
4,795
4,483
Traffic expenses
238,447
170,188
105,397
85,950
Transportation exp
440,515
329,463
205,582
144,891
Tot.exp.,incl.oth.
12,90' `=72,662
29,94-8 -10.980
Net from railroad.._ 9,205
8,014
4,599
4,004
Taxes
61
93
2
20
Uncollectible revenue
-81,928
4,800
-24,581
25,921
Net after taxes, &c_
-123,029
--1-6,- 565 -44,830 -25,079
Net after rents
292
292
292
292
Aver. miles ofr'd oper.

EARNINGS.
Freight revenue
Passenger revenue..
Tot.,incl. other rev.
iliipensea-Main t.way
Maint of equipm'tTraffic expenses.....
Transportation exp
Tot.exp.,inci.oth.
Net from railroad.......
Taxes
Uncollectible revenue
Net after taxes, arc..
Net after rents
Aver. miles of r'd oper.

-Month of February- -Jan.Ito Feb. 28- -Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.281921.
1922.
1921.
1921.
1922.
1922.
1922.
1921.
1921.
1922.
1922. . 1921.
$
$
$
$
$
$
$
$
680,804 1,788.228 1,562,825
961.172
644,805 1,346.586 1.328,358
682.591
210.151
243.968
96,969
138.738
161.618
131,085
77.068
27,229
60.042
21,011
959
46.393 '
1.694
61,038
513
924
815,638 2,031,913 1,873.274
698,023 1,455.468' 1,453.875
735,320
212.481 1,064,541
247.436
98,102
140,757
280,224
248.018
135.151
92,771
119,361
80.061
19.623
147,982
22,083
212.087
7,507
10.164
530.783
421.118
238,411
183 379
225.245
126,420
71.200
260.324
385,132
66.902
30,449
37.043
29,933
35,767
13.921
20,680
18.675
20,071
804
40,964
40.389
679
334
359
985.869
791,996
431,282
285,225
381,315
244,423
57.336
507,470
67.099
586,276
27.180
33,580
1,917,063
1,573,397
867,552
596.339
786,035
484.677
156.413
989.879 1,253.783
165,651
69.224
85,554
458,-43780
161,684
250,648
278,506 -41.014
56.068
465.589
200.092
81.785'
28.878
55.203
31,000
71,413 187,926 151,826
46,000
97,963
92,000
8.264
62,000
13.360
4.138
6,769
190
113
503
270.400 -195.615
70,1384
180,430 -113.327
204,643
373.086
47.804
138.092
,
68,425
24,740
48,434
201,81.5 -245,361
48,809
-3-3. T6-971
179,267
140,751 .-45,736100,882
317,823
42.618
20,681
35,728
511
511
454
„ 454
511
511
454
98
454
104
98
104

-Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb. 281921.
1922.
1921.
1922.
1921.
1922.
1922.
•1921.
1921.
1922.
1921.
1922.
EARNINGS.
$
$
$
$
$
$
$
$
$
$
$
$
328,405
181.529
148,451
34,895
82.809
43.112
492,166
82.335
360.715
78,211
233.684
182.610
Freight revenue
64,286
41.409
29.726
19.276
15,396
17.876
173.915
38,848
32.938
172.516
80,643
78.574
Passenger revenue..
409,794
239,610
185.418
70.924
110.040
83.201
703.865
170.263
569.626
153,105
330,283
279.562
Tot.,incl. other rev.
57,419
38,659
29,358
13,745
15,107
15.889
108.465
29,744
82.230
32.154
56.180
39,576
Expenses-Maint.way
68.925
51.280
33,953
15,396
20,759
18,265
181.931
39.353
42,206
121.034
77.240
49.347
Maint. of equipml..
2,016
2,816
692
1,808
882
1.850
19.636
3.693
18.381
3,982
9.784
9.247
Traffic expenses...._
159,874
105.589
70.688
55.815
50,724
51.586
290 674
235.917
107.373
123,061
125,996
111.694
Transportation exp.
305,722
212,441
143.177
96.01q
96.410
95,080
633 987
202,281
488,644
214.677
284.547
225,012
Tot.exp.,incl.oth.
104071
71i1W
42,241
69.878M63
80.982
45.736
54.550
Net from railroad..__.. -11.879 --25,091 --32.018 -61,67221,732
24.059
10.866
12,029
6.021
6.255
24.387
12,506
34,795
12.024
7,826
17.640
Taxes
88
801
24
69
218
412
218
61
209
47
Uncollectible revenue_
82.252
2,309
31,351
1.532
-31,346
-18,118
45,079
46.126
-44.260 -74,678
37,701
36,863
Net after taxes, &c..
18,457 -3i.16''54,08%
7
:
:1 19,726 -3-2.165 -48 956 --75,260
23.919 -13,802
31-.776
28,-46530,687
Net after rents
328
329
328
128
329
128
171
. .
128
171
171
171
Aver. miles ofr'd oper.
-Month of February- -Jan.1 to Feb. 28- -Month of February- -Jan.1 to Feb.28- -Month of February- -Jan.1 to Feb. 281921.
1922.
1921.
1921.
1922.
1921.
1922.
1922.
1922.
1921.
1921.
1922.
$
$
•$
$
$
$
$
937.404 1,276.391 1,943.738 2.623,512
960,129 2,652.481 2,482,470
..
1,38S,581
Freight revenue
771,858
633.328
337.376
289,316
154,214
118.777
...
68,645
56.183
Passenger revenue892,602 1.306,995 1,903,299 1,537.133 1,130,397 2,052,293 2,023.532 1,391.284 1,731,010 2,710,869 3,612,194
646.296
Tot.,incl. other rev.
602,239
621,156
291,129
400,706
37.769
313,018
334,946
40,258
172,002
95.384
159,505
108,760
Expenses-Maint.way
634.688
549,523
304,384
717,192
256,851
215,623
160.802
693,203
338,167
411.583
322,615
371,444
Maint. of equipm't.
54.904
52.787
22,899
25.278
21.458
218
156
24,531
9,831
358
503
12,002
Traffic expenses.....
756.993 1,253.322 1,674,435
589.437
485,828
302.690
992.928
693,453
432.953
331,053
619.138 1,083.856
Transportationexp.
3,095,812
2,559.895
1,430,049
2.202,835
1
1,230,814
511,14_5 ,,,747,236
986.545 1,808.250
904,793
051,729 1.621 919
Tot.exp.,incl.oth.
364961' r --4 518.381
707476620.697 145.366
632,346. raggl
8F3-$0
-`135.151
255.266
Net from railroad '
210,659
236,886
105,329
118.443
189,282
197,059
10.666
94,641
13.000
26,000
98,316
21.332
Taxes
71
183
31
84
2
49
1
45
Uncollectible revenue._
305,652
195,601 --86J095
431,413 --48,057
946.935
49,210
122,15i 134,700._2_g_9aita 260.048 535,979
Net after taxes. &c_
"WM
193-.06 --ROM 126,447 -7=8-670
172,244
.304
347,270 - 34783-6
340,259
188Net after rents
1,381
1,381
1,381
526
1,381
526
45
528
526
45
45
45
Aver. miles ofr'd oper.
EARNINGS.




1J-44-m

14

RAILWAY EARNINGS

[VOL. 114.

COMPANY RETURNS
All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commisdon at Washington. A few railroad companies also issue monthly statements of their own, and sometimes these company statements go beyond the requirements of the Commission and give added items of information. Besides this, a number of companies
-notably the Pennsylvania Railroad-issue consolidated statements, showing results for the system as a whole, whereas the Commerce Commission requires returns from each constituent road separately.
It is our purpose that each issue of the "Railway Earnings Section" shall furnish an absolutely complete record of all monthly
returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring together here all the company statements where they differ in any way from the returns to the Commission, or where they embrace
more facts than are contained in such returns.
It should be distinctly understood that where the company statements are identical with those rendered to the Commerce Commission,
and do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figures
among the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission.
Bellefonte Central

Pennsylvania System

-Month of February- -Jan.1 to Feb.281922.
1922.
1921.
1921.
Revenues$
$
Freight
33,24,370 31,834,887 63,949,315 68,74,618
Gross receipts
Passenger
OlTratIon
11,483,708 13,154.519 24,910,354 29,322,782
Mail
810,148
762,607 1,672,112 1,963,878
et
Express
789,012
479,339 1,724,505 1,556.177
Interest and taxes
All other transportation
949.714
855,076 1,951,672 1,805,532
Surplus
Incidental
1,247,550 1,552,612 2,848.033 3,260,803
Joint facility-Credit
40,046
44,514
82.825
92,076
Joint facility-Debit
31.285
17.650
47,644
37,440
Railway
operating
revenues
48,562,263
47,665,904
97,091,172
106737,426
Canadian Pacific
Expenses-Month of February- -Jan.1 to Feb.28- Maintenance of way and structures 4,332,894 5,944,034 0,124,754 12.151,434
Maintenance of equipment
1922.
12,855.208 16,037,944 25,720,929 33,906,612
1922.
1921.
1921.
Traffic
503,637
564,237 1.172.718 1,262,306
$
$
$
$
Gross earnings
11,303,693 12,768,986 22,641.667 27,934,417 Transportation
19.955,912 25,222.332 40,602,122 55,319,732
Working expenses
10.640.205 11 05 ;
- .504 21.503 703 25.779.600 Miscellaneous operations
709,816
801,165 1,526,700 1,708,866
General
1,470,043 1,537,993 2,976.717 3,123,301
Net profits
654,487
813.391 1.137,964 1,454,816 Transp'n
for Investment-Credit..
2,725
1.661
605
19,947
Railway operating expenses
39,826,907 50,104.950 81.122.279 107452,304
Net rev, from railway operations 8,735,356-2,439,046 15.968,893 -714,878
Fonda Johnstown & Gloversville
Railway tax accruals
1.133.398 1,175,954 2,664,927 2,798,952
-Month of February- -Jan.1 to Feb. 28- Uncollectible railway revenues
6,586
11,177
3,560
9.336
1921.
1922.
1922.
1921.
Railway operating income
7,595.372-3,618.560 13,292,789-3,523,166
Operating IncomeEquipment
rents
-Net
debit
1,285,279
625.074
888,204
1,565,318
!height revenue
44,447
31.921
78.776
62,429 Joint facility rents
-Net debit_..Cr859 Cr181,925
27,653
284,168
Passenger revenue-steam division
2,587
2,409
5.233
5,203
Passenger rev.-electric division.._
Net railway operating income
70,037
64,874
145.853
140,804
6,971,157-4,688,689 11,979,857-5372,652
All other rev, from transportation_
2.799
1.391
6.219
3.588
Rev,from other railway operations
1,762
844
1,238
2.522
Total operating revenues
120,716
101,834
237,845
214.547
St. Louis Southwestern
Railway open exp.(not incl. taxes)
(Including St Louis Southwestern of Texas)
66,418
155,022
71.548
136.914
Net rev. from railway operations
-55
--70
-57
--72
-Month of February- -Jan.1 to Feb. 28Railway tax accruals
54,298
100,931
30.285
59,525
1922.
1921.
1922.
1921.
Railway operating income
5,775
5,575
11,150
11,550
3
3
oper. income (or loss)_ _
48,523
24,710
89,381
48.375 Operating revenues
1.760,148 1,923.319 3,705,468 4,075.734
Total operating income
Operating
expenses
--467
--1.092
--1,182
1,697.892
-2.113
1,462,095
3,056,615 3.533,352
Income
Net revenue
48,055
23,618
46,262
298,052
225,427
88.198
648,852
542,382
ragsTriZTantg
3,095
3,052
6,106
5,800 Deduct tax accr. & uncoil. ry. rev..
73.221
67.578
152.336
136.715
Deduct-Rents for leased roads__
Railway
operating
51,151
income
26,671
94,304
52,062
157,848
224.831
496,516
405,667
Other rents accrued-debits..__675
1.350 Add non-operating income
675
1,350
139.847
67,923
86,604
151,715
Interest on funded debt
Gross income
4.414
292,754
3,487
8,284
7,087
244,452
636,363.
557,382
Interest on unfunded debt
26,549
26,604
53,098
53,208 Deduct interest, rentals. &c
280,468
260,692
571,877
534,838
Risco'. inc. charges (Fed. taxes)
849
1,400
1.860
785
Net income
12.285 -16.239
64,486
22,544
Total deductions from gross Inc_
32,487
31,552
64,133
63,506
Net income
-4,881
18,663
30,171 -11,443
-Jan. 1 to Dec. 31- -Month of January1020.
1921.
1922.
1921.
$
$
124.028
74,668
47.101
47,445
111,790
83.050
10.764
5.800
-8,381
12.237
-3,319
1.301
2,412
1.332
120
201
-10,793
-3,420
10.905
1,181

Southern Pacific

Illinois Central System
(Including Yazoo & Mississippi Valley)
-Month of February- -Jan.1 to Feb.281921.
1922.
1922.
1921.
Average miles operated
6,166
6,181
6,166
6,181
Railway operating revenues
12,81,288 12,518,240 25,425.970 27.277,623
tty. op. exp. & uncoil. ry. revs
9,416,678 10,254,470 19,436,700 22,070.932
Taxes
689.342 2,187.906 1,632,684
1,142.395
Railway operating income
2,258.215 1,574,428 3,801,364 3,574,008
Equip. & joint facility rents net,.. -12,300
33,133
303.446
139,364
Net railway operating income-- 2,245,914 1,713,791 3,834,498 3,877,454

The Kansas City Southern
(Including Texarkana & Fort Smith)
-Month of February- -Jan.1 to Feb. 281922.
1921.
1922.
1921.
S
$
$
$
grperating088 revenue
1,548,599 1,813.267 3,059,757 3,777.056
expenses
1,137,127 1,327.850 2,266 390 2.743,153
Net revenues
411,472
48.5,417
793.366 1,033,903
Taxes
110.741
221.483
83.372
168.371
Operating income
300.730
402,045
571,883
865,530

Missouri Kansas & Texas
-Month of February- -Jan.1 to Feb. 281922.
1922.
1921.
1921.
3.737
3,784
3.744
3.784
3,737,071 4,770,364 7,589,737 10,383.035
2,5.!8,018 3.998,659 5.815.092 8.798.267
1,209,053
771,705 1,774,645 1,584,767
181,465
168,743
368,503
330.826
1,027,587
602,961 1,406,141 1,253.940
165,140
116,190
229,873
347.801
911,396
437,721 1.176.268
906,139

Miles operated (average)
Operating revenue
Operating expenses
Net operating revenue
Taxes accrued
Operating income
Deduc. from income, less other inc
Balance

St. Louis-San Francisco
(Including Subsidiary Lines)
-Month of February- -Jan.1 to Feb.281922.
1921.
1922.
1921.
Mileage
5,165
5,165
5,165
5,165
$
3
$
$
Freight revenue
4,350,867 4,546,840 8,559,150 9,474,024
Passenger revenue
1,283,947 1,745.384 2,734,287 3,748,964
Miscellaneous revenues
417,076
652.390
905,192 1,124.309
Total operating revenues
6,051,890 6,944,614 12,198,629 14,347,297
Maintenance of way and structures 722,178
806,083 1,490,284 1.653.789
Maintenance of equipment
1,194,705 1,224.198 2,357,612 2,721,459
Transportation expense
2,341,751 3,029,372 4,838,224 6,267,288
Miscellaneous expenses
245,713
298 727
540.484
663.887
Total operating expenses
4,504,347 5,359,380 9,226,604 11,306,413
Taxes, hire of equip , joint facility
rents (less other Income)
309.655
343.832
504,050
683.721
Balance available for rentals, sink.
funds, fixed charges, acc
1,237,887 1,241,401 2,467,975 2,357.163




-Month of February--Jan.1 to Feb. 281922.
1922.
1921.
1921.
Average miles of road operated-11,225
11,221
11,184
11,184
Revenues$
$
$
$
Freight
11,858,001 13,055,362 24,344,167 26,924,524
Passenger
4,151,896 5,134.477 8,737,245 11,078.023
Mall
283.065
342.650
569,156
637,100
Express
236,331
200,211
589,971
797,909
All other transportation
360,519
502,936
778,901
967,944
Incidental
438,568
600.334
932,885 1,307.326
Joint facility-Credit
14,651
8,096
22,734
23,383
Joint facility-Debit
-4,679
--3.893
--7,055
-6,923
Railway operating revenues---17,332,355 19,840,167 35,968,006 41,729,284
ExpensesMaintenance of way and structures 2,870,275 2,579,690 5,779,160 5,821,295
Maintenance of equipment
3 396,392 3,557.827 7,149,746 7,946,850
Traffic
340,140
365,030
702,930
730,996
Transportation
6,845,379 8,684,808 14,296,636 18,491,140
Miscellaneous
288,606
352,477
587,985
754,145
General
647.111
701.811 1,343,859 1,394,874
Transp'n for investment-Cr,..... -40,857
32.438 -51.562 -23,572
Railway operating expenses---14,347,049 16,209,209 29,808,757 35,059,730
IncomeNet rev, from railway operations
2,985.305 3,630,957 6,159,248 6.669,543
Railway tax accruals
1,483,230 1,145,036 2,960,768 2,290,999
Uncollectible railway revenues..
7,079
10,631
16,187
15,139
Equipment rents (net)
174,266
293,798
450,801
680,843
Joint facility rent (net)
2,379
308,648 -26,176
350,700
Net railway operating income- 1,318,349 1,872,842 2,757,667 3,384,223
Railway operating expenses for August 1920 included back pay account of
Labor Board award amounting to $6,029.000, also the amount of reserves set up
in the accounts for that month account of various unaudited liabilities applicable
to the guaranty period.

Union Pacific
-Month of February- -Jan.1 to Feb. 281922.
1922.
1921.
1921.
Average miles of road operated9,403
9,403
9,366
9,366
Operating Revenues$
$
Freight revenue
9,668.977 8,959,014 19,0/7,700 10,1/5,384
Passenger revenue
2,072,358 2,713,823 4,487,305 6,049,888
Mail revenue
352,484
351.753
666,751
719,966
Express revenue
247,334
203,687
488,197
559,303
All other transportation
292,509
322,255
615,143
691,417
Incidental
248,959
220,264
430.171
574,793
Railway operating revenues,.__,.12,853,195 12,800,222 25,745,267 27,780,751
Operating ExpensesMaintenance of way and structures 1,312.525 1,516.954 2,680.100 3,980.705
Maintenance of equipment
2,719,333 3,095,025 5,513.923 7,014,019
Traffic
268,743
252.338
522,593
570,590
Transportation
4,606,195 4,967,401 9,518,400 10,983,981
Miscellaneous operations
242.195
293,095
499,369
659.030
General
638.081 1,185.400 1,306.676
578.564
Transport'n for investment-Cr
7.058
3,827
14,505
13.455
Railway operating expenses___. 9,704,092 10,775,472 19,905,280 24,501,546
IncomeNet rev,from railway operations- 3,149,103 2,024,750 5,839.987 3,279.205
Railway tax accruals
1,132,703 1,139,213 2,263.051 2,272.615
Uncollectible railway revenues_.983
103
2.792
424
Railway operating income
2,015.417
885,434 3,574,144 1,006,166
Equipment rents, net
136,093
167.270
291,872
426.347
Joint facility rent, net
44.595
70,577
113.553
139.370
Net
1,834,729
647.587 3,168,719
440,449
Oper. ratio (revenues over exp.)...,
75.50
84.18
77.32
88.20

NET INCOME UNDER GOVERNMENT CONTROL
AS COMPARED WITH THE GUARANTEED RENTAL.
From tabulations prepared by the United States Railroad Administration we have compiled the following statement
showing for all of the Class 1 roads—that is, all roads whose gross revenues from railway operations exceed $1,000,000 per
annum—the Net Federal Income for the calendar years 1919 and 1918, in comparison with the "Standard Return," or
Government Guaranteed Rental.
The compilation enables any one to see whether during the period of Government control any given road was operated
at a loss or profit to the Government and the extent of such loss or profit. It will be observed that only
in a few exeeptional
cases did the Government derive a profit from the operation of the roads. The Standard Return represents
the average
net income for the three-year "test" period, that is, the three years ending June 30 1917, this being the income
which the
Government agreed to pay to the roads as compensation for the use of their property.
The 1919 and 1918 figures of Federal Net Income, the Railroad Administration states, have been taken from the monthly
returns which the roads are required to file with the Inter-State Commerce Commission and which are given from month
to month in this publication. The figures referred to represent only the last item in these returns. Any one desiring the
full details for the different roads, including gross revenues, expenses, &c., will find them in the issue of this publication
for Maroh 13 1920.
A verage —Net Federal Income— Standard
Miles
Return
1919.
Eastern Region.
of Road.
1918.
Entire Year
New England District—
3
107,731
632
Bangor & Aroostook
607,177
1,555,775
1,951,199
394
Boston & Albany
2,232,916
4,063,131
3,577.108
2,376
Boston & Maine
1,895.400
9,832,491
301 def163.138
Central New England
57.768
1,468,124
536 def871.205 def689.469
Central Vermont
828,625
Grand Trunk in New England 172 def768.5/4 def1,105.677
def4,271
1.216 def1,212.203 def.58/.78f
Maine Central
2,955,697
1,986 6,929.382
N. Y. N. II. & Hartford
7,769.005 17,173,367
415
Rutland
223.058
42,165
1,023,883
8.008
9,775,418 10.227,504 38,901,093
Central District—
301
Ann Arbor
575,137
175.013
526 883
Buffalo Rochester & Pittab
590 der/.075,870
1.086,378
3,276.410
875
Delaware & Iludson
2.054,575
2,451.695
7,409,600
Delaware Lack.& Western
996 11,809.921 15.973,193 15,749,477
382
Detroit & Mackinac
def89.596
34.304
310,664
62
Detroit & Toledo Shore Line_
916.852
467,808
456,512
Erie (incl. Chicago & Erie)_.. 2,259
1.036.370 def2,S46.853 15,729,068
GrandTrunk Western Lines_ 1.002
2.309,600
203.930
1,076,017
Lehigh & Hudson River
97
395,718
363,664
519,371
232
Lehigh & New England
927.354
1,197.761
1,135,761
Lehigh Valley
1.436
3,776.291
6.821,131 11,318,714
Michigan Central
1.862 16,969.157 13,692.236
8,052,127
Monongahela
108
1,041.104
583,086
650.615
5.682 48.201.701 46,035,695 51,739,500
New York Central
574
N. Y. Chicago & St. Louls
4.048,631
3,893.167
2,218,857
569
N. Y. Ontario & Western_
795.047
576,100
2,103,589
N. Y. Susquehanna & West228 def185,871
ern (Inc!. W. B.& E.)
524,551
999,942
2.232
Pero Marquette
6.717.880
3,851.485
3,748,196
225
Pittsburgh & Lake Erie
3,501.821
9,880.183
8,980,219
Pittsburgh & Shawmut
103 der/77.302
613,261
130.435
63 def948.908 def3/9.83/
Pittsburgh & West Virginia
237,010
129 deff52,754
Ulster & Delaware
def57,775
128,009
Wabash
2,504
864.445
3.714,172
5,826,810
22.511 103,611.503 109,099,456 142,739,083
Total
Total

Ohio-Indiana District—
Chicago Indianapolis & Louisv 657
415,931
747.799
1,620,259
322 def590.797 def/58,387
Cincinnati Indianap & West_
422,213
CincinnatiNorthern
252
493,591
317,628
257,750
(Neve. On. Chicago & St. L.._ 2.397 12,981,513 14,751,312
9,938,597
456 def710.545 def7/7,087
Detroit Toledo & Ironton
225,895
Hocking Valley
350
1.444,287
2,637,167
2,614,670
Kanawha & Michigan
177
171.233
1,658,827
1,295,141
903
Lake Erie & Western
def39.034
397,292
1,548,542
Toledo & Ohio Central
436 den/7,097
1,086,651
826,951
Toledo St. Louis & Western
454
760,549
1,248.218
994,294
Wheeling & Lake Erie (incl.
Lorain & West Virginia)
537
1,099.856
1,192.764
1,723,315
Total__
6,941 15.909.487 22,820.109 21,809,702
Grand total. Eastern region__37.460 129,296.408 142.147,069 203,449,878
Allegheny Region.
Baltimore & Ohio (incl. Coal
5,152
5,066,914
& Coke)
7,193,1 31 28,031,146
lieSSOMOr & Lake Erie
225
2,005.600
4,713,564
297 def409,326 4.940,006
Buffalo & Susquehanna
113,043
591,613
Central of Now Jersey
685
1.408.865
6,375,183
9,352,301
Cumberland Valley
164
447,030
1.848.302
1,228,967
Indiana
&
Rapids
570
Grand
455.093
254,425
929,385
398
&ems Island
2,445,212 3.915,059
3,221,949
N. Y.. Philadelphia & Norfolk 122
648,692
995,051
990.008
Pennsylvania East
5,381
8,042,568 19.952.680 51,416,782
Pennsylvania West
1.755
5,786,456
4,464,444 14,992,785
Philadelphia & Reading
1.629
5,431.888
17,057,230
Pittsb. Cin. Chic. & St. Louis 2.384 def2.505,510 11,298,842
2.878,717 11,334,094
24
Staten Island Rapid Transit
68.655
356,824
33,941
Maryland
698 deff3/,285 def479.293
Western
3,079,593
361
West Jersey & Seashore
11.927 deff43.998
952,682
Total
Pocahontas Region.
Chesapeake & Ohio (incl.
& O. of Ind)
Norfolk & Western
Virginian _
Total

19.845 28.772,799 63,634,490 148,254,966
2.506
7.523.378 17,060,651
2.088 10,133,638 18,804.782
523
2,555.230
1,952,872
5,117 20,212,246 37,818,305

Central Western Region.
378
Arizona Eastern
Atch. Topeka & Santa Fe___ - 9.444
1,051
Chicago & Alton
1,131
Chicago & Eastern Illinois
Chicago Burlington & Quincy
9.621
(Incl. Q.0.& K.(1.)
Chicago Peoria & St. Louis- _ - 247
Chicago Rock Isl. & Pacific
8.055
(Incl.0.R. I.& G.)
Chicago Terre Haute & S. E..- 374
1,100
Colorado & Southern
2,593
Denver & Rio Grande
255
Denver & Salt Lake
1,028
El Paso & Southwestern
454
Fort Worth & Denver City
1,168
Los Angeles & Salt Lake
530
Northwestern Pacific
2.348
Oregon Short Line
259
St. Joseph & Grand Island
Southern Pacific (Pacific Sys.) 7.048
248
Toledo Peoria & Western
3,614
Union Pacific
1,027
Western Pacific.
Total




588,433
40,060.757
def244,395
def423,466

13,266,983
20,634,142
3,247,603
37,108,728

1.479,821
41,709.480
1,817,094
1,560,808

1,242,475
39,867,072
3,178,315
2,946,001

25,428.088 25,089,199
def868,05/ def528,860

33,390,080
127,540

9,067,41ss
def277,580
1,644,897
6,113,737
def945,793
2,993.415
2,912.058
3,353,127
1.103,594
10.754,273
def48,318
32.877,799
dais17,656
32.873,256
3,575,968

9,217,002 15,880,681
922,785
769,487
2,481,212
2.868.352
8,319,377
5,492,884
def961 ,458
353,290
4,145,102
4.945,206
1,824,785
1,891,386
2,791,315
3,414 751
1 338,000
1.485,017
10.723,916 10,204,619
clef/03.787
373,811
34,016.787 36,171,354
def4,377
159,740
35,629.321 23,670,741
2.604,528
1,900,350

1.973 170.121,574 182,426.498 191,978,682
usss==,
==

Average —Net Federal Income— Standard
Miles
Return
1919.
Entire Year
of Road.
1918.

Northwestern Region.
Chicago & North Western..__ 8,090
Chicago Great Western
1.496
Chicago Milw & St Paul_
10.647
Chicago St. Paul M. Se 0_ _
1,749
Duluth & Iron Range
289
Duluth Missabe & Northern_
411
Duluth South Shore & Atlan_
599
Elgin Joliet & Eastern
829
Great Northern
8,219
Mineral Range
101
Minneapolis & St. Louis
1.647
Minn. St. Paul & S. S. Marie_ 4.243
Northern Pacific
6,593
Oregon-Washington RR.& N. 2,070
Spokane Portland & Seattle
538
Total

47.521

Southern Region.
Alabama & Vicksburg
Alabama Great Southern
Atlanta & West Point
Atlanta Bit-m. & Atlantic
Atlantic Coast Line
Carolina Clinchfleld & Ohio—
Central of Georgia
Charleston & Western Caro
Cincinnati N. 0. & Tex. Pac_
Florida East Coast
Georgia
Georgia & Florida
Georgia Southern & Florida
Gulf & Ship Island
Gulf Mobile & Northern
Illinois CentralrLouisville & Nashville
Louisville Henderson At St. L_
Mississippi Central
Mobile & Ohio
Mashville Chatt. & St. Louis_
New Orleans & Northeastern_
New Orleans Great Northern_
Norfolk Southern
Northern Alabama
Richmond Fred.& Potomac
Seaboard Air Line
Southern
Southern ItR in Mississippi
Tennessee Central
Vicksburg Shrev & Pacific
Washington Southern
Western of Alabama
Yazoo & Mississippi Valley
Total

12,771.197 12.498,939 23,201,016
1,126.605
2,953,45C
61.009
3.250.887
3,933,874 27,945,819
4,934,790
2.631.520
2,698.776
3.082,978
2,355,241
3.824,716
5,122,051
11.401,721 12,495.342
def20.5/7
267,704
562,346
2,862,177
3.322,507
4.781.037
12.827,280 12.368,069 58,666,681
def107,15*
144,008
10,827
2,706,994
def3/4.698
238,577
3,925,862 10,578,977
5,057.635
18,450,790 28,317.433 20,057,760
4,491,88/
3,224,299
4.490,859
1,871,081
2,694,420
1.652,116
78,422.402 92,540,188 143,454,271

264,097
141
312
1,498.327
539,640
93
640 def948.438
4,867
7,213.015
1,497,782
291
1,918
1,583.989
343
171,233
525.956
337
1,444,349
765
1,328.143
329
348 def.44/.538
402
62,593
def8f,384
306
def98,977
438
4,793
4,479,526
5,013 11.884,568
510.724
200
165 def184.901
997 def1,025,823
1.247
1,242,397
187.064
204
14.593
285
163.670
908
113
64.343
82
2,763.900
1,867,961
3,563
6.983 10.642,549
def70,887
278
293 def536,188
171
454.510
1.875,153
36
569,354
133
4.475.913
1.382

Total

322,854
1,703,188
252,991
480,008
10,180,911
1,627,961
3,408,809
466,921
3,541,048
2,042,849
838,621
88,000
511,457
595,881
558,336
15,282,374
17,310,490
343,918
308,521
2,597,478
3,182,085
1,204,999
519,904
1,266,871
150,581
1,136,974
6,497,021
18,653,895
6,990
162,734
337,948
467,230
288,238
3,862,318

38,374 53.937,173 110.740.325 102,020,391

Southwester Region.
Fort Worth & Rio Grande___
235
20.514
Gulf Coast Lines
1.270.855
920
Gulf Colorado & Santa Fe..
1,936
2,466.881
International & Great North_ 1,160 def/.404.787
Kansas City Mex. & Or. Sys_
737 def1.244.673
Kansas City Southern (incl.
T. & F S.)
2.189,359
862
Louisiana & Arkansas
302 def146,63.;
Midland Vailey
389
343.136
Missouri & North Arkansas
365 def664.377
Missouri Kansas & Texas
1.714
4.562.769
Missouri Ran.& 'rex. of Tex_ 1,796 deft.4/3.445
Missouri Oklahoma & Gulf
332 def1,041,628
Missouri Pacific
7.205
4,363,698
St Louis-San Francisco
4.761 14,695,141
St. Louis-San Fran. & Texas_
134 def179,720
St. Louis Southwestern
3.070.880
940
St. Louis Southwest. of Texas 815 def1,608,721
San Antonio& Aransas Pass_ - 737 def1,141,723
Sunset Lines (incl. H.& T. C.
and H. E.& W.T.)
3,814
9,208,659
Texas & Pacific
3,621,573
1,947
Trinity & Brazos Valley
369 def612,360
Wichita Falls & Northwestern 329 def400,256

Grand total all r eons

345.074
2.062,786
660.606
def572,922
11,685.220
1,162,282
3.917,977
549.209
3,092.982
1.633.983
2,256.504
def1W538
351,763
364.779
200.289
12,981,324
19,568,935
848.071
310,921
244,315
4.145,298
990.248
407.939
291.453
192.542
3,025.529
3,658,391
29.512.206
def40.397
deft.488
342,116
1,736.088
621,916
4,499.924

31,599 35.055.171

def6(994
1,928.596
2.854,270
1,378,645
6ef692.245

1,30]
1,140,678
2,828,21e
1,394,946
150,000

3,535,827
3,128,053
359,362
36,232
444,346
786.580
1ef115.861
175,000
5,853,831
5,215,538
def790,996
621,773
def529,613
def83,603
11,821.976 14,206,814
11,247,194 13,690,213
def117,899 def332,951
3,355,70
3,681.615
def358.255
555,16:
def126.023
456,684
13,836,811
3,719,146
6ef430,238
def488,895

8,503,126
4,107,432
53,158
145,2411

55,972.636

61,588,461

231.889 515.817.773 685,279,511 892,855,396
s

Total Now England district__ 8,008
9.775.418 10.227.504 38,901,093
% of standard return
26.3
25.1
Total Central District
22.511 103,611.503 109.099.456 142,739,083
72.6
76.4
% of standard return
Total Ohio-Indiana District
6,941 15.909,487 22,820.109 21,809,703
72.9
104.6
% of standard return
Total Eastern Region
37.460 129.296.408
% of standard return
63.8
Total Allegheny Region
19.845 28,772.799
% of standard return
19.4
Total Pocahontas Region_.
5,117 20.212,248
% of standard return
54.5
Total Southern Region
38.374 53,937,173
% of standard return
52.9
Total Northwestern Region ,,47,521 78.422.402
% of standard return
52.8
Total Central Western Region51,973 170.121.574
% of standard return
88.6
Southwestern
Total
Region,,,,3I.59) 35.055.171
% of standard return
56.9

142.147,069
69.9
63.634.490
42.9
37,818,305
101.9
110.740.325
108.5
92.540.188
62.3
182.426,498
95.0
55.972 636

40.9

203,449,87/
148,254,966
37,10E1,728
102,020,398
148,454,277
191,978,689
61,588,468

Grand total all regions_ __ _231,889 515.817.773 885.279.511 892,865,89'
% of standard return____
57.8




B LA IR &" CO.
INCORPORATED

24 BROAD STREET
NEW YORK
Boston
Cleveland
Milwaukee
Rochester

aiicado
Buffalo
Los Andeles
Detroit
Pittsburd
Philadelphia
St. Louis
San Francisco
Syracuse

INVESTMENT SECURITIES

J11111111011.