View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

TW O

S E C T I O N S ---- S E C T I O N

TW O

RAILWAY EARNINGS
SECTION OF THE

C

o m m e r c ia l

& F in a n c ia l C

h r o n ic l e

Copyrighted in 1923 according to Act of Congress by W ILLIA M B. D A N A C O M P A N Y , in office of Librarian of Congress, Washington, D .C .

VOL. 117.

N EW YO RK, AUGUST 11, 1923.

NO. 3033.

HIS entire publication is devoted to a presentation of the reports of earnings
and expenses of United States railroads for the latest month (June) 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.

T

The figures are a transcript of the sworn returns on file at Washing­
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.
Sworn Returns.

The “ Chronicle” has always made a specialty of weekly and monthly
reports of railroad earnings, and for nearly fifty years its weekly
and monthly summaries have been everywhere accepted as authoriThe present publication is in continuation of this work.

Earnings
Our Specialty.

tative.

These Inter-State Commerce returns also mate it possible for us
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 o]
certain rents, nameiy equipment rents and joint facility rent. We conclude by giving
the miles operated on which the earnings are based.
Full Details.

The cents we have necessarily been obliged to discard altogether, and
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.

Cents Discarded.

rn m n^ nvR A tnrna^0 make this publication absolutely complete, we add statements
. * V j. ^
8 at the end to show also the figures issued by the companies them­
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.
The matter contained in this extra and novel publication is entirely
additional to the comprehensive reports of earnings we furnish in
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.
Other Returns
Continued.

As in the case of our numerous other Supplements or “ Sections,”
all of which are expensive publications, the “ Railway Earnings
Section” will be furnished only to “ Chronicle” subscribers. These
will receive it free of charge, one copy going with each subscription. It will be im­
possible to obtain copies in any other way, as none will be printed for general sale.

Only for
Subscribers.

WILLIAM B. DANA COMPANY,

PUBLISHERS

NEW YORK
90 P in e S tr eet




136-138-140 F ront S treet

Your
Railroad Bonds

Our Service in Railroad Bonds has been of great value to institutions
and private investors in the following ways:
1st— We render detailed reports on holdings of railroad bonds. As
regards those bonds which we recommend holding in our original report
we agree to re-examine all of them every three months during a five-year
period, and submit a new report on any bonds whose status has changed
sufficiently to change our opinion of them. These reports have saved
and are saving many institutions thousands of dollars.
2nd— We will recommend for purchase those few bonds which our work
shows are the very most desirable of all the outstanding seasoned rail­
road bonds at to-day’s prices.
This selection is based on the ‘exhaustive study of the comparative
security and marketability of all United States Railroad Bonds, which
we have been making for the last ten years, and a comparative study
made over again every day of the prices and yields of all of them.
Neither we nor our representatives buy seasoned railroad bonds for
our own account, and we have none to sell. Our compensation is a
definite charge which we make for rendering reports and for our recom­
mendations.
The above service applies to seasoned railroad bonds. Like other bond
houses, we participate in underwritings of new issues of railroad bonds
and offer them for sale.




BROOKE, STOKES & CO.
Members Philadelphia Stock Exchange
15th and Walnut Streets
Philadelphia
734 Fifteenth St., N. W.
300 North Charles St.
Washington, D. C.
Baltimore, Md.

A ug ., 1923. ]

3

RAILW AY EARNINGS

GENERAL INDEX
TO ROADS APPEARING IN THIS SECTION.
Name—
Page.
Akron Canton & Youngstown___________4
Alabama & Vicksburg__________________ 4
Alabama Great Southern. See Southern. 11
Ann Arbor______________________________ 4
Arizona Eastern. See Southern Pacifie_12
Atchison Topeka & Santa F e____________4
Atlanta & West Point__________________ 4
Atlanta Birmingham & Atlantic________ 4
Atlantic & St. Law. See Can. Nat. Sys. 5
Atlantic C ity ___________________________ 4
Atlantic Coast Line_____________________4
Atlantic Steamship Lines. See So. Pac_12
Baltimore & Ohio______________________ 4
Baltimore & Ohio Chicago Terminal_ 4
_
Baltimore Ches. & Atlantic. See Penn.10
Bangor & Aroostook___________________ 4
Beau. Sour L.&W. (SeeN.Orl.Tex.&Mex. 9
Bellefonte Central____________________ 14
Belt Railway of Chicago________________ 4
Bessemer & Lake Erie__________________ 4
Bingham & Garfield_____________________5
Boston & Maine________________________ 5
Brooklyn Eastern District Terminal____5
Buffalo & Susquehanna________________ 5
Buffalo Rochester & Pittsburgh________ 5
Canadian National System______________ 5
Canadian Pacific______________________ 14
Carolina Clinchfield & Ohio___________ 5
Central New England________ _________5
Central of Georgia____________________ 5
Central R R . of New Jersey___________ 5
Central Vermont______________________ 5
Charleston & West Carolina__________ 5
Chesapeake & Ohio Lines______________5
Chicago & A lton________________________5
Chicago & Eastern Illinois______________ 5
Chicago & Erie. See Erie______________7
Chicago & North Western______________5
Chicago Burlington & Quincy_________ 5
Chicago Detroit & Canada Grand Trunk
Junction. See Canadian Nat. System. 5
Chicago Great Western________________5
Chicago Indianapolis & Louisville______ 5
Chicago Junct. See Chic. River & Ind. 6
Chicago Milwaukee & St. Paul________ 6
Chicago Peoria & St. Louis R R ________ 6
Chicago River & Indiana______________ 6
Chicago Rock Island & G u lf__________ 6
Chicago Rock Island & Pacific________ 6
Chicago St. Paul Minn. & Omaha_____6
Chic.TerreHaute&Sou. (SeeC.M.&St.P. 6
Cincinnati Indianapolis & Western_____6
Cine. Leb. & Nor. Now incl. in P enn ..10
Cine. New Orl. & Texas Pac. See South. 11
Cincinnati Northern. See N . Y . Central. 9
Cleve. Cine. Chic. & St. L. See N. Y.C.10
Coal & Coke. See Baltimore &Ohio___ 4
Colorado & Southern___________________ 6
Columbus & Greenville. See M ob. & O . 9
Cumberland Val. & Martinsburg. Now
included in Pennsylvania____________ 10
Delaware & Hudson____________________ 6
Delaware Lackawanna & Western_______ 6
Denver & Rio Grande__________________ 6
Denver & Salt Lake____________________ 6
Detroit & M ackinac____________________ 6
Detroit & Toledo Shore Line____________6
Det, Gr. H. & Mil. See Can. Nat. Sys. 5
Detroit Toledo & Iron ton_______________ 6
Duluth & Iron Range___________________6
Duluth Missabe & Northern____________6
Duluth South Shore & Atlantic_________ 6
Duluth Winnipeg & Pacific........................7
East St. Louis Connecting______________ 7



Name—
Page.
El Paso & Southwestern_______________ 7
Elgin Joliet & Eastern_________________ 7
Erie__________________________________ 7
Evansville Indianapolis & Terre Haute. 7
Florida East Coast____________________ 7
Fonda Johnstown & Gloversville_______ 14
Fort Smith & Western_________________ 7
Fort Worth & Den.City. See Col.&Sou. 6
Ft. Worth & Rio Gr. See St. L.-S. F _ . l l
Galv. Harrisb. & San Ant. See Sou.Pac.12
Galveston W harf______________________ 7
Georgia________________________________ 7
Georgia & Florida______________________ 7
Georgia Southern & Fla. See Southern. 12
Grand Rapids & Ind. Now incl. in Penn.10
Grand Trk. System. See Can. Nat. Sys. 5
Grand Trunk Western__________________ 7
Great Northern_________________________7
Green Bay & Western__________________ 7
Gulf & Ship Island______________________ 7
Gulf Colo. & Santa Fe. See A tchison._ 4
Gulf Mobile & Northern________________ 7
Hocking Valley_________________________ 7
Houston & Texas Cent. See Sou. Pac__12
Houston East & West Tex. See So. P ac. 12
Illinois Central System_________________ 8
Illinois Central_________________________ 8
Indiana Harbor Belt. See N . Y . Central. 10
International & Great Northern_______ 7
International R y. Co. of Maine________ 8
Kanawha &M ich. Now incl.in N .Y .Cent. 9
Kansas City Mexico & Orient RR______8
Kan. City Mex. & Orient R y. Co. of Tex. 8
Kansas City Southern__________ 8 and 14
Kansas Oklahoma & Gulf_______________ 8
Lake Erie & Western. Now included in
New York Chicago & St. Louis______ 9
Lake Superior & Ishpeming_____________ 8
Lake Terminal_________________________ 8
Lehigh & Hudson R iver_______________ 8
Lehigh & New England_________________8
Lehigh Valley__________________________ 8
Long Island. See Pennsylvania_______ 10
Los Angeles & Salt Lake_______________ 8
Louisiana & Arkansas__________________ 8
Louisiana Railway & Navigation C o____8
Louisiana Western. See Southern P ac. 12
Louisville & Nashville__________________ 8
Louisville Henderson & St. Louis______ 8
Maine Central__________________________8
Maryland Delaw. & Virginia. See Penn.10
Michigan Central. See N. Y . Central..10
Midland Valley_________________________8
Minneapolis & St. Louis_______________ 9
Minneapolis St. Paul & S. S. M ________ 9
Minneapolis St. P. & S. S. M. R y. C o .14
Mississippi Central_____________________ 9
Missouri & North Arkansas_____________ 9
Missouri-Kansas-Texas, including Wich­
ita Falls & Northwestern______ 9 and 14
Missouri-Kansas-Texas Ry. of Texas._ 9
Missouri Pacific________________________ 9
Mobile & Ohio_________________________ 9
Monongahela. (See Pennsylvania______10
Monongahela Connecting_______________ 9
M ontour_______________________________ 9
Alorgan’s Louisiana & Texas R R. & SS.
Co. See Southern Pacific___________12
Nashville Chattanooga & St. Louis____9
Nevada Northern_______________________ 9
Newburgh & South Shore_______________ 9
New Jersey & New York. See Erie____7
New Orleans & North East. (See South.12
New Orleans Great Northern___________ y

Name—
Page.
New Orleans Texas & M exico_________ 9
New York Central______________________9
New York Chicago & St. Louis_________ 9
New York Connecting_________________ 10
New York New Haven & Hartford_____10
New York Ontario & Western__________10
N. Y . Phila. & Norf. Now incl. in Penn.10
New York Susquehanna & Western____10
Norfolk & Western_____________________ 10
Norfolk Southern______________________ 10
Northern Alabama. See Southern_____12
Northern Pacific_______________________10
Northwestern Pacific___________________10
Oregon Short Line. See Union Pacific. .13
Oregon-Wash. R R . & Nav. See Un.Pac_13
Panhandle & Santa Fe. See Atchison. „ 4
Pennsylvania Railroad and Co_ 10 and 14
_
Peoria & Pekin Union_________________ 10
Pere Marquette_______________________ 11
Perkiomen_____________________________10
Philadelphia & Reading R y ____________ 11
Pittsburgh & L. E. (SeeN. Y . CentraL.10
Pitts. C. C. & St. L. Now incl. in Penn.10
Pittsburgh Shawmut & Northern______ 11
Pittsburgh & Shawmut________________ 11
Pittsburgh & West Virginia____________ 11
Port Reading__________________________ 11
Quincy Omaha & Kansas C ity__________11
Richmond Fredericksburg & P otom a c_.il
Rutland_______________________________ 11
St. Joseph & Grand Isl. See Union P ac.13
St. Louis-San Francisco________ 11 and 14
St. L. Brownsv.&Mex. (SeeN.O.T.&M. 9
St. Louis Merchants Bridge & Terminal.
See Terminal Association of St. Louis. 12
St.L-SanFran.& Tex. SeeSt.L-San. F ranll
St. Louis Southwestern_________ 11 and 14
St.Louis S.W .R y.ofT ex. (SeeSt.L.&S.W.ll
St. Louis Transfer_____________________ 11
San Antonio & Aransas Pass___________ 11
San Antonio Uvalde & G u lf...................1 1
Seaboard Air Line_____________________ 11
Southern Railway_____________________ 11
Southern Pacific_______________ 12 andl5
South. R y. in Miss. See Col. & Greenv. 9
Spokane International_________________ 12
Spokane Portland & Seattle____________ 12
Staten Island Rapid Transit___________ 12
Tennessee Central_____________________ 12
Terminal Railroad Assn, of St. Louis_ 12
_
Texarkana & Ft. Smith. See Kan. C. S o. 8
Texas & New Orleans. See So. Pac____12
Texas & Pacific________________________ 12
Toledo & Ohio Central. Now included
in New York Central________________ 9
Toledo Peoria & Western. See Penn_ 10
_
Toledo St. Louis & Western____________12
Trinity & Brazos Val. See Col. & South. 6
Ulster & Delaware_____________________ 12
Union R R . (of Pennsylvania)__________13
Union Pacific__________________ 13 and 15
Utah_____________________________
13
Vicksburg Shreveport & Pacific________ 13
Virginian______________________________ 13
W abash_______________________________ 13
West Jersey & Seashore. See Penn____10
Western M aryland____________________ 13
Western Pacific__________________
13
Western Railway of Alabama___ ______ 13
Wheeling & Lake Erie__________________13
Wichita Falls & Northw. S e e M . K . & T . 9
Wichita Valley. See Colo. & Southern. 6
Wisconsin Central_____________________ 14
Yazoo & Miss. Val. See Illinois C e n t.. 8

4

[ V ol. 117 ,

KAILW AY EARNINGS

REVENUE RETURNS OF

U n it e d St a t e s R a il r o a d s
FOR JUNE AND FOR THE SIX MONTHS ENDING WITH JUNE.
Id the following we furnish detailed figures of earnings and expenses for June 1923, as compared with
June 1922, and also for the six months ending with June 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
returns 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.

E A R N IN G S .
Freight revenue Passenger revenue___
T o t ., incl. other rev.
Expenses— M a iu t.way
M a in t. o f equipm ’t
T ra ffic expenses.
T ransportation e xp .
T o t .exp .,incl.oth.
N et from railroad .
Taxes .
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A v e r . miles o f r ’d op er.

A k ron C a n to n & Y o u n g sto w n I
A n n Arbor
-----M onth o f June— ■ — —
—
Jan. 1 to June 30----- ' -----M onth o f June— — —
—■
Jan. 1 to June 30----1922
1923.
1923.
1922.
1922.
1923.
1922.
1923.
$
$
3
$
$
s
$
$
188,785 1,276,074 1,018,330
405.669
242,428
371,068 2,160,634 2,073,014.
248,176
8,222
755
1,110
5,242
40,717
229,319
43,954
250,005
198,848 1,337,586 1,071,614
470,545
435,366 2,503,920 2,413,356:
287,181]
194,110
107,800
37,196
22,776
61,888
296,676
62,559
111,224
408,61l|
103,368
645,741
21,386
20,332
117,823
74,458
8,610
34,054
56,405|
8,432
6,501
48,722
9,112
53,056
284,267
76,938
394,871
175,413
175,672 1,151,202 1,062,808
55,067
113,849
589,483
341,910 2,225,052 1,900,045!
153,266
809,493
361,757
84,999
482,131
278,868
513,311)
96,739
528,093
108,788
93,456
84,150
58,000
126,000'
14,300
11,000
22,440
22,800
134,640
87
125
286
Cr 6
15
93
387.186
424,044
82,424
73,999
443,657
86,354
144,135
70,656
270,567
256,793
44,839
65,699
51,201
— 66,562
41,292
289,935
170
293
170
170
170
293
293
293
A lab a m a & V icksbu rg

E A R N IN G S .
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .wav
M a in t. o f eauipm ’t
T ra ffic expenses .
T ransportation e x p .
T ot.ex p .,in cl.oth .
N e t from railroad
Taxes .
U ncollectible revenue.
N et after taxes, &c_
N e t after rents.
A ver, miles o f r ’d oper.

1923.
$
184,627
64,506
269,935
42,548
39,814
8,444
88,772
193,334
76,601
37,180
222
39,199
47,087
141

“ 1922.
S
203 452
60,417
281,411
49,544
57,163
10,220
97,283
228,105
53,306
.19,437
47
33,822
38,142
141

1923 r
$
1,203,724
345,497
1,671,790
254,401
301,916
54,954
587,279
1,282,481
389,309
178,502
898
209,909
261,745
141

“ 1922.
*
1,140,964
329,153
1,575,417
274,775!
3 1 0 ,1581
53,6921
566,615
1,287,309
288,108
124,275
188
163,645
186,071
141

A tla n ta & W e st P oin t
1923.
%
135,530
80,931
244,505
34,257
40,247
9,270
83,294
184,024
60.481
10,597
117
49,767
41,056
93

1922.
$
98,994
75,866
207,363
27,162
39,203
7,352
74,865
165,567
41,696
12,346
30
29,320
23,334
93

“1923?
8
841,630
449,723
1,451,151
218,669
229,358
55,592
504,540
1,100,938
350,213
83,775
184
266,254
213,255
93

“ l922.
S
576,746
409,150
1,147,232
141,086
248,891
45,805
452,615
973,793
173,439
60,743
567
112,149
68,529
93

B altim ore & O hio
Includes C oal & Coke
----- M onth o f June- —- ——Jan. 1 to
1923.
1923.
1922.
18,114,182 13,870,834 107609,618
2,910,840 2,449,226 14.196,351
22,515,545 17,580,515 129797,389
2,190,059 1,900,941 12,862,488
6,169,426 4,340,037 33,002,081
349,840
307,910 1,930,186
7,916,786 6,566,222 48,047,774
17,278,011 13,776,907 99,513,427
5,237,534 3,803,608 30,283,962
806,781
729,651 4,919,114
11,354
4,571
54,153
4,419,399 3,069,386 25,310,695
4,004,590 2,666,332 22,825,908
5,212
5,212
5,235

June 30----1922.
79,325,814
12,910,208
98,679,159
11,704,269
22,377,895
1,785,190
38,060,865
77,698,924
20,980,235
4,249,284
33,675
16,697,276
14,580,295
5,235

B & O C h icago T erm in al
1923.""
8
— 325,753
37,007
44,835
1,738
167,436
266,021
59,732
40,480
Cr03
19,255
42,637
83

1922.
S
290,213
54,302
30,059
1,675
138,368
240,050
50,163
51,397
— 1,234
98,120
91

1923.
%
1,869,306
172,928
248,175
11,541
1,073,829
1,590,827
278,479
250,365
112
28,002
259,607
83

1922.
S
1,477,424
221,143
187,704
11,462
814,158
1,319,911
157,513
282,299
307
— 125,093
567,531
91

B an g or & A roo stoo k
A tch iso n T op & S a n ta Fe System A tla n ta B irm in gh am & A tla n tic
Atchison Topeka & Santa Fe
----- M onth o f June--------- — Jan. 1 to June 30----- ----- M onth o f June----- —— Jan. 1 to June 30----1922.
----- M onth o f June--------- — Jan. 1 to June 3 0 -—
1923.
1922.
1922.
1923.
1923.
1922.
1923.
1923.
1922.
1922.
S
1923.
$
$
S
8
$
S
$
471,032 2,891,493 3,901,688
10,653,411 10,083,872 66,136,856 55,478,980
384,998
259,057
248,610 1,871,105 1,497,313
66,832
449,239
4,311,312 4,120,633 22,285,375 20,691,728
67,261
456,428
191,772
48,683
36,031
264,999
Passenger revenue
475,669
562,672 3,490,433 4,488,387
1 6,260,907 15,524,584 96,550,970 83,402,328
334,280
312,517 2,286,876 1,842,846
708,137
132,328
144,362
727,451
2,904,799 3,263,155 12,569,249 14,874,821
351,003
65,624
59,737
403,748
764.524
119,630
716,318
4,205,919 3,420,274 23,378,227 20,735,931
146,587
91,002
90,394
536,611
531,771
27,062
24,695
293,610
265,158 1,739,780 1,572,781
4,099
3,830
22,431
20,776
131,434
127,095
151,364
159,640 1,120,766 1,193,866
5,187,931 4,631,389 31,133,442 27,301,281
948,942
175,293
166,719 1,182,945
Transportation exp
427,671
482.727 2,709,967 2,815,712
369,551
353,398 2,345,543 2,054,405
T o t .exp ., incl .o th . 12,902,519 11,880,517 70,560,767 66,439,994
780,466 1,672,675
47,998
79,945
3,358,388 3,644,067 25,990,203 16.962,334
— 40,881
— 35,271
— 58,667 — 211,559
334,646
1,094,238 1,047,144 7,239,202 6,179,186
33,558
34.356
262,103
14.360
83,748
12,446
75,565
30,468
26,658
1,174
443
1,787
1,005
1,633
21
219
5,396
3,590
U ncollectible revenue
14,440
44,415
517,920 1,336,242
2,263,145 2,595,290 18,720,533 10,756,490
— 47,738
— 55,460 — 137,822 — 300,703
N et after taxes, &c
47,262
56,685
2,430,989 2,725,943 20,022,243 11,522,790
781,867 1,353,125
— 67,687 — 176,394 — 374,820
— 44,025
8,857
616
8,947
8,946
625
616
625
8,853
639
639
639
639
A v e r . miles o f r ’d op er.
G ulf Colorado & Santa Fe
B elt R ailw ay of C hicago
A tla n tic C ity
M
— -M on th o f June— - - - —Jan. 1 to June 3 0 -—■ ----- Month o f June- —- - —-Jan. 1 to June 30----- — — onth o f June---------— Jan. 1 to June 30----1923.
1922.
1922.
1923.
1922.
1922.
1923.
1922.
1923.
1923.
1922.
1923.
E A R N IN G S .
%
S
S
S
S
$
S
8
$
S
S
$
1,307,721 1,390,722 8,222,595 7,412,637
129,923
134,036
731,670
717,160
363,139
364,915 1,933,702 1,839,118
343,852
323,357 1,090,054 1,107,834
Passenger revenue
501,780 3,599,811 2,890,726
1,783,129 1,892,718 10,890,455 9,994,276
580,823
467,594 1,904,927 1,874,969
491,298
50,565
77,412
383,354 2,454,323 2,395,968
81,101
351,910
301,866
277,521
538,336
70,159
355,025
54,498
407,669 2,941,408 2,694.152
51,848
357,337
537,470
39,027
42,650
175,137
315,643
226,761
2,642
252.082
2,597
43,634
43,018
269,197
10,798
14,203
12,209
30,360
9,713
35,003
238,933
201,699 1,617,559 1,262,027
581,018 3,873,820 3,489,260
644,909
216,258
228,332 1,223,964 1,131,087
T ransportation exp
356.365
343,521 2,350,937 1,926,866
1,822,453 1,477,475 9,904,424 9,236,384
345,241
372,012 1,871,370 1,717,150
T ot.ex p .,in cl.oth .
224,458
757,892 :
158,259 1,248,874
415,243
963,860
— 39,324
986,031
95,582
146,057
33,557
157,819
390,588
39,905
482,366
33,373
212,283
80.635
73,469
239,531
19,991
19,249
119.935
118,031
6,494
5,138
851
1,420
326
3,139
U ncollectible revenue
360,810
184,553
124,886 1,009,343
498,527
751,577
340,354
126,066
76,333
— 86,704
36,649
N et after taxes, &c_ — 120,810
N e t after rents
— 26,132
150,677
— 179,084 r‘ 275.954
131,957
893,291
878,984
180,426
82,755
28,663 — 286,700 — 132,483
A v e r . miles o f r ’d oper
32
1,908
1,907
32
32
32
1,908
1,907
170
176
170
176
Panhandle & Santa Fe
Bessemer & Lake Erie
A tla n tic C oast L ine
----- Month o f June--------— Jan. 1 to June 3 0 -— ----- M onth of June-------- — Jan. 1 to June 30----- ----- Month o f June-------- — Jan. 1 to June 30----E A R N IN G S .
1922.
1922.
1923.
1922.
1923.
1922.
1923.
1923.
1923.
1922.
1923.
1922.
S
$
$
S
*
S
$
S
$
•
S
8
$
Freight rev en u e. . .
387,551
407,476 2,747,483 2,600,598 4,622,917 4,007,037 30,577,034 25,705,491 2,256,820 1,337,083 8,535,864 4,365,860
Passenger revenue___
26,210
132,502
653,778
24,253
116,734
644,010 1,238,864 1,093,025 9,769,096 8,457,819
170,854
176,586
T o t ., in c l. other rev
548,180
574,661 3,630,622 3,471,006 6,369,570 5,571,036 43,525,787 37,095,580 2,330,188 1,388,601 8,910,170 4,661,582
Expenses— M aint .wav
924,481
135,376
133,207
628,896
134,085
218,904
594,925
928,573
668,310 4,890,773 4.097,740
636,628
M a in t. o f equipm ’t
365,392 2,576,708 1,766,200
464,028
225,664
134,534 1,254,331 1,144,103 1,658,933 1,281,314 8,653,936 7,051,317
T ra ffic expenses___
13,196
17,121
7,734
92,338
93,946
7,365
46,847
41,292
96,155
93.198
662,334
642,509
T ransportation e x p .
171,646 1,220,781 1,191,136 2,251,015 2,063,486 15,041,805 13,087,950
489,773
382,233 2,445,111
1,611,584
191,708
T ot .exp . ,incl .o th .
1,125,282
929,715 5,899,230 4,291,209
575,822
549,212 3,220,951 3,411,992 5,095,636 4,266,630 30,359,919 25,917,517
N et from railroad.
458,886 3,010,94C
— 27,642
25,449
59 014 1 273,924 1,304,406 13 165 868 11 178 068 1,204,906
370,373
409,671
Taxes
_____
111,700
32,700
275,000 2,200,000 1.600,000
23,068
22,813
375,000
400,223
196,200
154,481
136.880
U ncollectible revenue.
22
44
9
95
1,108
1,009
1,608
5,469
89
240
548
13,229
N et after taxes, &c_
— 50.754
1,093,184
426,177 2,610,628
2,541
254,082
897,925 1,027,798 10,960,399 9,564,834
— 78,414
173,933
et after rents
461,268 3,631.127
956,249 10,193,394 8,845,354 . 1,142,685
807,519
i — 81,435
— 26,605
84,847 — 266,165
364,430
ver. miles o f r ’d oper. 1
858
4,860
4,848
J
228
857
4,860
225
22^
858
228
857
4,849 I
E A R N IN G S .




A ug ., 1923. ]

5

KAILW AY EARNINGS

B in g h a m & G arfield
C an a d ia n N a tio n a l System
----- M onth o f June----- ——Jan. 1 to June 30----A t la n t ic & S t. L aw ren ce R R ,
----- M onth o f June--------- —Jan. 1 to June 30----1923.
1922.
1922.
1923.
S
S
$
1923.
1922.
1922.
*
1923.
Freight revenue _ _ .
38,132
212,643
81,458
22,913
187,540
107,414 1,468,538 1,067,904
Passenger revenue___
6
15
19,000
31,214
187,164
196,055
T o t., incl. other rev.
82,380
39,520
23,625
221,551
213,645
164,862 1,745,134 1,364,899
Expenses— M ain t .way
6.886
37,758
101,310
14,789
49,175
48,849
238,366
295,049
M aint. o f equipm ’t_
21,106
5,079
3,439
28,053
62,634
219,822
25,118
375,806
T raffic expenses___
7,958
1 ,204
8,092
1,565
4,074
27,192,
5,258
24,445
Transportation ex p .
28,518
10.251
6,265
54,993
145,756
96,494 1,174,538
782,521!
T ot .exp . ,incl .o th .
184,315
27,035
29,935
152,209
270,384
185,885 1,922,274 1,350,683
N et from ra ilroa d ____
69,342 — 101,935
12,485
— 6,310
— 56,739
— 21,023 — 177,140
14,216!
Taxes .
.
.
. .
44,219
31,067
7,589
4,244
15,150
16,600
90,900
101,400,
Uncollectible revenue.
22
372
53
44
N et after taxes, & c.
24,751 — 133,002
4,874
— 10,554
— 37,923 — 268,093
— 71,889
— 87,288!
N et after rents
— 77,086 — 173,676
17,030
2,911
96,614
— 72,413 — 878,815 — 485,087:
A v e r. miles o f r ’d op er.
34
34
34
166
34
166
166
166:
B o sto n & M aine
E A R N IN G S .
Freight revenue_____
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M ain t .way
M aint. o f eq u ip m ’t .
T raffic expenses___
T ransportation e x p .
T o t .ex p .,incl .o t h .
N et from railroad____
Taxes
.
_______
U ncollectible reven u e.
N et after taxes, &c_
N et after rents
A v e r . m iles o f r ’d o p e r.

----- M onth o f
1923.
$
4,976,584
1,815,366
7,703,567
957,991
1,564,584
53,870
3,361,166
6,163,821
1,539,746
240,788
10
1,298,948
885,308
2,286

June------ ——Jan. 1 to
1922.
1923.
S
$
4,002,731 27,067,655
1,778,321 10,866,095
6,531,344 42,885,730
1,110,084 6,027,620
1,210,059 9,681,065
320,578
54,323
2,679,032 21,617,516
5,287,089 39,049,520
1,244,255 3,836,210
226,850 1,430,081
110
531
1,016,874 2,406,019
769,878 — 837,002
2,286
2,286

C hesapeake & O h io Lines
— Jan. 1 to
1923.
$
40,318,488
5,432,328
48,264,859
5,634,855
13,405,104
511,485
16,389,555
37,219,351
11,045,508
1,822,440
18,376
9,204,692
9,428,045
2,552

June 30----1922.
$
37,273,439
4,912,408
44,172,859
5,103,559
11,251,434
456,542
15,379,255
33,273,392
10,899,467
1,605,000
6,185
9,288,282
9,644,657
2,547

Chicago & A lto n
i C h ic a g o D e tr o it & C a n a d a G r. T r u n k J c t.l
June 30----- ----- Month o f June----------—Jan. 1 to June 3 0 -— ----- M onth o f June--------- — Jan. 1 to
1922.
|
1923.
1922.
1923.
1923.
1922.
1922.
1923.
$
$
$
#
$
S
S
*
23,626,978
263,485
129,086 1,482,809
985,338: 1,838,003 1,535,889 11,755,336
10,299,329|
662,781
565,122 3,286,315
10,282
10,260
56,361
54,342
37,912,5441
312,611
155,446 1,748,292 1,124,376 2,725,222 2,306,082 16,367,514
5,754,186:
29,445
17,720
368,789
402,450 1,861,484
86,938
82,420
7,239,358!
615,723 4,491,872
676,494
14,533
16,078
114,340
76,724
335,393
354,678
63,067
59,904
4,126
2,622
20,451
20,376
869,831 5,770,598
17,484,653
396,485
87,758
68,246
535,864
396,267
32,292,977
140,200
108,441
779,140
597,955 1,992,564 2,014,208 12,792,081
5,619,567
732,658
291,874 3,575,433
172,411
47,007
969,152
526,421
1,155,112
83,800
75,000
508,116
11,276
13,309
52,984
49,465
2,045 j
1,382
298
156
48
14
94
81
4,462,410;
648,702
216,576 3,065,935
161,087
33,684
916,074
476,875
2,945,100)
88,339 2,389,524
525,427
126,671
10,949
743,252
366,849
2,286
1,050
1,050
59
59
1,050
59
59

June 30----1922.
$
10,054,897
2,981,031
14,132,672
1,615,077
3,878,200
337,704
5,440,108
11,683,937
2,448,735
450,068
2,064
1,996,603
1,154,048
1,050

E A R N IN G S .

----- M onth o f June- —■ 192.3.
1922.
$
$
7,088,388 7,491,175
1,087,103
982,567
8,650,025 8,870,114
1,088,468 1,145,380
2,402,569 2,119,118
92,532
81,119
2,687,811 2,663,858
6,497,553 6,191,743
2,152,472 2,678,371
303,740
267,500
818
2,155
1,846,577 2,410,053
1,803,793 2,452,539
2,552
2,547

D e t r o it G r a n d H a ven & M ilw a u k e e
B rooklyn E astern D istrict T erm ’ll
C hicago & E astern Illin o is
—
----- M onth o f June— —— Jan. 1 to June 30----- ] ----- Month o f June----- - —— Jan. 1 to June 3 0 -— ----- Month o f June- —• — Jan. 1 to June 30----—1922.
1922.
1923.
1922.
1923.
1922.
1923.
1923.
1922.
1923.
1923.
1922.
$
$
S
$
$
S
$
S
$
S
%
S
Freight revenue_____
750,639
784,258
118,546
473,208 2,738,236 2,121,739 1,599,951 1,445,153 10,811,507 8,839,315
104,872
537,878
Passenger revenue___
408,592 2,372,020 2,201,924
42,901
43,030
249,688
237,879 - 449,944
T o t ., incl. other rev.
797,420
839,057
127,723
111,213
642,516
553,815 3,299,238 2,536,005 2,226,104 2,010,422 14,245,495 11,903,154
E xpenses— M ain t .w ay
33,200
8,501
32,636
6,564
108,958
54,404
390,672
299,051
289,420 1,542,642 1,366,621
245,040
M a in t. o f equipm ’t .
112,329
81,541
12,735
54,336
766,523
586,787 4,449,876 3,137,054
11,065
57,532
427,133
279,691
1,294
T ra ffic expenses___
2,507
268,932
487
253,246
549
6,802
44,044
44,180
11,108
52,141
50,263
Transportation ex p .
299,248
299,031
49.303
811,166 5,604,050 4,876,613
45,804
233,777 1,538,252 1,258,820
847,977
235,235
T o t .ex p . ,incl .o th .
475,117
447,226
75,605
68,774
366,492 2,502,565 1,957,876 2,040,687 1,808,860 12,357,134 10,098,954
431,193
N e t from railroad____
322,303
52,118
391,831
201,562 1.888,361 1,804,200
42,439
185,417
211,323
187,323
598,129
796,673
Taxes
38,571
55,975
6,587
85,000
6,355
110,000
670,000
510,000
2,552
3,693
26,001
39,044
U ncollectible revenue.
806
5,281
12
797
3,320
1,186
103
81
N et after taxes, & c.
283,732
335,856
36,084
45,531
115,756 1,213,080 1,290,880
183,618
74,620
208,668
769,486
559,004
N et after rents
283,732
337,896
45,531
36,084
60,797 1,717,299 1,119,477
113,038
104,603
171,941
142,436
256,163
A v e r . m iles o f r 'd op er.
9
9
9
945
9
945
945
945
189
189
189
189
E A R N IN G S .

E A R N IN G S .
Freight revenue
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .way
M a in t. o f eq u ip m ’t T ra ffic expenses___
Transportation ex p .
T o t .exp . ,incl .o th .
N et from railroad____
Taxes
U ncollectible revenue.
N et after taxes, &c_
N e t after rents
A v e r. miles o f r ’d o p er.

E A R N IN G S .
Freight revenue . .
Passenger revenue—
T o t ., incl. other rev.
Expenses— M ain t .way
M a in t. o f equipm ’tT ra ffic expenses___
Transportation e x p .
T ot.ex p .,in cl.oth .
N et from railroad-----T a x e s ------------------------U ncollectible revenue.
N et after taxes, & c.
N et after ren ts-----A ver, m iles o f r ’d oper.

B u ffa lo & S u sq u e h a n n a R R . Corp
C hicago & N o rth W estern
C en tral New E n gla n d
—
----- Month o f June- — ■ — Jan. 1 to June 30----- ----- M onth o f June--------- — Jan. 1 to June 3 0 -—■ ----- M onth o f June---------— Jan. 1 to June 30----1922.
1922.
1923.
1922.
1922.
1923.
1923.
1923.
1923.
1922.
1922.
1923.
%
$
%
$
$
$
S
8
*
$
%
?
670,413
61,114 1,363,562
219,412
413,898 3,422,490 3,222,243 9,749,598 9,392,153 55,579,721 46,063,556
705,922
36,528
4,186
33,353
4,622
16,819
97,879
13,678
116,031 2,782,916 2,762,913 14,340,548 14,257,918
731,747
68,622 1,419,634
228,111
748,555
458,678 3,670,252 3,511,250 14,099,061 13,665,322 77,940,643 67,660,629
184,750
228,753
32,474
46,472
128,425
600,075
651,675 2,551,505 2,144,311 10,129,903 8,777,326
116,593
235,124
474,917
30,215
90,096
93,282
149,367
819,409
522,639 3,317,522 2,628,629 19,460,626 14,537,905
13,171
12,351
2,424
975,049
•2,005
4,572
152,434
168,699
890,891
4,918
27,234
25,467
266,012
28,421
446,948
66,181
228,466
195,559 1,464,858 1,210,519 5,478,113 5,172.081 34,079,910 30,217,918
754,112
103,500 1,215,891
214,773
431,462 2,974,891 2,479,130 11,908,018 10,506,547 66,999,745 56,707,469
510,189
— 22,365
203,743
— 34,878
13,338
238,366
27,216
695,361 1,032,120 2,191,043 3,158,775 10,940,898 10,953,160
19,500
76,800
3,250
9,650
750,000
730,000 4,500,000 4,380,000
24,048
22,254
142,343
135,864
37
1
16,732
126
85
5,838
2,166
21,699
51
— 41,902
126,942
— 38,128
3,688
4,962
1,435,205 2,426,609 6.419,199 6,556,428
552,892
896,171
214,267
58,639
434,517
— 32,983
49,766
132,196
613,984 1,242,575 2,389,331 4,980,937 6,331,403
1897291
— 29,583
253
253
253
8,462
253
8,462
8,402
8,402
295
295
295
295
C h icago B u rlin g to n & Q u in cy
B u ffa lo R och ester & P ittsb u rg h C en tral R ailroad of New Jersey
— -M onth o f June--------- — Jan. 1 to June 30----- ----- M onth o f June--------- — Jan. 1 to June 3 0 -— ----- Month o f June---------— Jan. 1 to June 30----1922.
1922.
1923.
1923.
1923.
1922.
1922.
1922.
1923.
1923.
1922.
1923.
$
' $
S
$
$
*
S
$
S
s
8
S
743,249 10,503,422 5,840,182 3,928,547 2.360,388 22,522,103 17,489,173 9,370,233 9,067,361 63,310,874 54,692,883
1,646,654
785,434
859,932
125,059
140,494
808,455 4,275,742 4,160,582 2,684,829 2,576,326 13,224,390 12,967,703
849,395
945,708 11,803,633 6,942,958 5,100,892 3,443,405 28,539,556 23,199,980 13,554,376 13,084,755 84,779,771 74,635,952
1,887,850
912,234
293,326 1,767,606
434,093
438,992
524,649 2,564,521 2,538,130 2,678,803 2,155,061 10,625,483 9,505,390
390,196 3,976,638 2,518,790 1,602,827 1,026,419 7,811,263 6,586,164 3,758,371 2,781,705 20,330,269 15,976,044
562,724
104,468
26,440
153,435
19,657
233.162
289,550
201,682 1.380,320 1.104,294
38,075
27,722
202,126
394,673 4,503,555 2,715,009 1,986.860 1,558,789 12,482,339 9,686,569 4,718,259 4,606,853 32,343,866 27,513,009
688,557
' 1,732,948 1,139,845 10,645,859 6,491,504 4,188,456 3,258,324 23,831,990 19,737,835 11.897,474 10,205,871 67,409,445 56,723,894
451,454
154,902 — 194,137 1,157,774
912,436
485,081 4,707,566 3,462,145 1,656,902 ^2,878,884 17,370,326 17,912,058
210,000
210,000
35,000
35,000
260,774 1,778,061 1,559,755
793,883
915,922 5,406,571 5,512,345
273,652
4,302
400
50
102
1,601
32,408
68
1,892
1,151
1,083
13,640
119
237,152
947,374
119,800 — 229,187
— 75,761 2,927,613 1,901,239
861,936 1,961,361 11,931,347 12,386,073
638,665
406,499
1,693,849
251,751 — 186,917
112,518 2,516,568 1,681,722
709,656 1,776,0391 11,031,844 11,659,072
587,970
589
589
589
589
9,393
9,397
9,393
691
694
691
9,405
694
C arolina C lin ch field

E A R N IN G S .

&

C h icago G reat W e stern

C en tral V erm on t

1923.

Freight revenue
Passenger revenue—
T o t ., incl. other rev .
Expenses— M ain t .w ay
M aint. o f eq u ip m ’t .
T raffic expenses___
Transportation e x p .
T o t .exp . ,incl .o th .
N et from ra ilroa d ____
Taxes
Uncollectible reven u e.
N et after taxes, & c.
N et after rents
A v e r. miles o f r ’ o p e r.
d

C en tral of Georgia
E A R N IN G S .

O hio

o f June- — - - — Jan. 1 to June 3 0 -— • --- Month o f June— ■ — Jan. 1 to June 30 --- - --- Month o f
—
—
1922.
1923.
1922.
1923.
1922.
1922.
1923.
1923.
S
S
*
%
8
S
%
$
8
645,436 4,378,495 3,574,170
751,942
551,000
436,157 3,291 ,250 2,483,443 1,669,168
257,818
220,049
39,490
47,285
99,030
95,793
625,841
570,445
381,834
699,220 4,720,435 3,863,255
813,156
741,350
596,727 4,355,650 3,391,348 2,233,782
436,366
446,831
67,537
91,189
124,329
498,790
474,046
167,113
575,215
899,757
155,385 1,320,368
238,762
117,667
126,674
766,725
613,615
491,047
150,490
142,042
24,432
24,938
12,519
78,504
62,812
13,633
73,453
1,338,164
951,739
150,932
205,908
275,652 2,441,862 1,752,253
354,192
846,071
423,578 3,359,260 2,551,561
581,002
684,376
551,526 3.994,050 3,095,257 1,942,567
275,642 1,361,175 1,311,694
232,154
45,201
56,974
361,600
291,215
296,091
240,000
300,000
40,000
50,000
17,570
20,998
123,949
105,420
78,076
488
846
20
148
116
108
332
912
250
235,622 1,060,329 1,071,206
182,006
35,860
27,523
237,319
189,759
212,889
321,916 1,378,942 1,506,416
2,188 — 137,671
229,850
— 5,316
21,010
132,837
295
309
295
309
532
533
532
1,496
533

--- M onth

Freight revenue_____
Passenger revenue___
T o t., incl. other rev .
Expenses— M aint .way
M aint. o f equipm ’t T raffic expenses___
Transportation exp.
T o t .ex p .,in cl.oth .
N et from railroad____
T a x e s _______
U ncollectible revenue.
N et after taxes, &c_
N et after ren ts---------A v e r. miles o f r ’d oper




C h arleston

&

W estern

C arolin a C hicago In d ia n a p o lis & Lou isville

M onth o f June----- — Jan. 1 to June 30 --- --- M onth o f June-— ■ - — Jan. 1 to June 30 --1922.
1923.
1922.
1923.
1922.
1923.
1923.
1922.
S
S
%
*
S
S
8
8
1,383,469 1,344,076 9,172,543 7,307,486
271,543
218,351 1,732,771 1,420,580
441,344 2,753,380 2,394,378
477,851
35,942
37,057
209,337
216,552
2,082,494 1,993,095 13,187,511 10,747,997
322,792
271,725 2,030,804 1,724,476
263,520 1,639,102 1,422,224
280,364
61,572
46,018
299,088
273,600
457,378
353,785 2,655,100 2,075,574
43,536
34,311
268,743
223,820
420,688
58,086
396,359
68,515
7,172
6,674
41,993
40,126
727,100 5,183,476 4,180,010
845,958
129,719
106,037
821,003
691,022
1,750,836 1,486,174 10,438,820 8,559,701
248,067
199,177 1,470,517 1,267,348
506,921 2,748,691 2,188,296
331,658
74,725
72,548
560,287
457,128
111,339
610,215
528,268
85,505
16,000
11,000
76,000
66,000
6.052
8,718
375
750
186
8
364
623
395,207 2,132,424 1,651,310
245,403
58,539
61,540
483,923
390,505
2,101,926 1,747,837
403,140
240,235
37,848
54,198
370,440
335,250
1,920
1,920
1,920
1,917
342
342
342
342

---

June ----- — Jan. 1 to June 30--1922.
1922.
1923.
$
S
$
1,500,729 9,666,647 8,214,538
370,486 2,074,787 2,059,937
2,038,290 12,787.866 11,323,144
430,259 1,761,687 1,652,686
456,281 2,861,350 2,790,078
73,470
387,067
390,228
802,506 5,455,830 4,952,230
1,830,324 10,870,326 10,205,337
207,966 1,917,540 1,117,807
78,498
475,874
488,440
193
1,029
1,300
129,275 1,440,637
628,067
865,804 — 148,449
— 13,927
1,496
1,496
1,496

o f June- — ■ — Jan. 1 to June 30 --1922.
1923.
1922.
*
S
S
1,004,583
959,246 6,557,475 5,537,481
263,756
265,599 1,572,891 1,530,349
1,423,095 1,358,651 8,993,224 7,757,916
182,507
152.314
886,342
819,412
319,739
292,584 1,986,696 1,720,485
28,745
35,010
194,528
194,838
■ 493,249
1
517.100 3,297,196 2,873,178
' 1,072,483 1,047,247 6,660,853 5,898,269
350,612
311,404 2,332,371 1,859,647
66,620
79,925
464,646
379,121
10
59
344
537
1 270,677
244,725 1,867,381 1,479,989
142,221
127,901
1,023,605
868,136
1
657
654
657
654
--- M onth

1923.
8

6

RAILW AY EARNINGS
C hicago M ilw aukee & St. P au l

E A R N IN G S .
Freight revenue____ __
Passenger revenue___
T o t ., in c l . other re v .
Expenses— M aint .way
M aint. o f equipm ’t T ra ffic expenses___
Transportation exp_
T o t .exp . ,incl .o th .
N et from railroad____
Taxes
- _ _______
U ncollectible revenue.
N et after taxes, &c_
N et after rents.
A ver, miles o f r’d op e r.

E A R N IN G S .
Freight revenue
___
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M ain t .way
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation e x p .
T o t .ex p . ,incl .o th .
N et from railroad____
Taxes .
_______
U ncollectible revenue.
N et after taxes, &c_
N et after rents
A ver, m iles o f r ’d oper

E A R N IN G S .
Passenger revenue___
T o t ., in cl. other re v .
Expenses— -Maint .way
M aint. o f equipm ’t .
T ra ffic expenses___
Transportation ex p .
T o t .exp .,incl .o th .
N et from railroad____
Taxes
.
_________
U ncollectible revenue.
N et after taxes, & c.
N et after rents . .
A ver, miles o f r ’d oper.

E A R N IN G S .
Freight revenue ____
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t T ra ffic expenses___
T ransportation e x p .
T o t .ex p . .incl .o th .
N et from railroad____
Taxes
U ncollectible revenue.
N et after taxes, &c_
N et after rents
A ver, miles o f r’d oper.

E A R N IN G S .
Passenger revenue___
T o t ., in cl. other re v .
Expenses— M aint .way
M a in t. o f equipm ’t
T raffic expenses___
Transportation e x p .
T o t .exp. ,incl .oth .
N et from railroad
Taxes
U ncollectible revenue.
N et after taxes, &c_
N et after rents
A ver, miles o f r’d oper.

E A R N IN G S .
Freight revenue ____
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t
T ra ffic expenses
Transportation e x p .
T o t .exp. ,incl .o th .
N et from railroad. ._
Taxes
_____
U ncollectible revenue.
N e t after taxes, & c.
N et after rents.
A ver, miles o f r’d oper.

E A R N IN G S .
Freight revenue
___
Passenger revenue___
T o t ., incl .o th e r r e v .
Expenses— M aint .way
M a in t. o f equipm ’t .
T raffic expenses
T ransportation e x p .
T ot.ex p .,in cl .oth.
N et from railroadTaxes
—
U ncollectible revenue.
N e t after taxes, &c_
N et after r e n t s ______
A ver, miles o f r’d oper.

C olorado & S o u th ern System

[V ol. 117 .
Denver & Salt Lake

In cl. Chic. Terre Haute ft Southeastern
Colorado & Southern
----- M onth o f
----- M onth o f June------------ Jan. 1 to June 30------ ----- M onth o f June-------------Jan. 1 to June 30-----1923.
1923.
1922.
1923.
1922.
1923
1922.
1923.
1922.
%
257,096
10,127,359 9,720,557 63,369,652 52,115,128
771,340
903,754 4,739,705 4,737,312
2,304,085 2,239,056 11,694,284 11,405,494
31,751
184,192
173,726
928,393
873,994
14,089,084 13.513,554 83,677,152 71,156,775 1,030,044 1,156,706 6,132,392 6,059,965
311,397
188,468
42,259
2,697,296 2,122,045 lI.231,942 9,236,371
219,708
810,412
781,325
3,077,951 3,464,172 20,603,576 19,421,487
271,620
246,092 1,841,889 1,379,419
72,765
191,902
12,285
1,135
204,505 1,120,538 1,113,818
12,936
82,093
77,666
5,184,240 4,959,964 34,234,798 30,427,142
401,223
107,538
389,936 2,527,997 2,270,902
229,291
11,524,708 11,175,668 69,397,910 62,544.874
926,523 . 923,342 5,564,733 4,820,475
103,521
82,106
2,564,376 2,337,886 14,279,242 8,611,901
233,364
567,659 1,239,491
68,056
9,000
798,704 4,736,639 4,792,224
66,183
789,439
386,992
397,097
29,252
182
36
13,281
1,978
4,099
5,456
2,068
2,703
35,283
73,070
165,283
1,770,838 1,533,726 9,529,322 3,790,425
178,599
839,691
68,533
1,311,982 1,215,105 6,669,015 1,617,155
32,838
116,824
211,916
681,332
11,030
1,099
255
11,017
11,010
11,030
1,099
1,099
l,0 9 9 i

June----------— Jan. 1 to June 30----1922.
1923.
1922.
S
$
$
22,731
859,120
428,068
13,597
105,480
84,569
41,963 1,086,899
555,823
52,509
230,559
213,056
14,292
443,065
152,778
5,719
1,019
6,325
437,342
15,079
212,657
88,562 1,152,285
620,693
— 46,599
— 65,386
— 64,870
9,000
54,000
54,000
137
10
— 55,599 — 119,523 — 118,880
— 52,824 — 103,289
— 98,220
255
255
255

Fort W orth & Denver C ity
C h ica g o Peoria & St. Lou is
D etroit & M ackin ac
----- M onth o f June----------—Jan. 1 to June 30----- ----- M onth o f June----- —— Jan. 1 to June 30----- ----- M onth o f June--------- — Jan. 1 to June 30----1923.
1922.
1923.
1923.
1922.
1922.
1922.
1923
1922.
1023.
1922
1923.
S
S
S
S
S
$
S
S
S
$
S
*
472,354
947,236
76,608
539,437
523,855 3,073,265 3,081,848
127,196
144,428
141,738
653,948
585,425
199,910
115,775
194,406
27,825
11,680
79,488
908,409 1,001,902
29,033
13,800
171,139
165,493
719,522
784,649 4,265,246 4,362,143
172,558
98,442
168,093
676,688 1,133,185
185,535
898,217
815,311
78,932
31,532
183,710
58,217
49,573
15,065
111,996
29,460
451,794
184,856
154,518
386,674
154,200
135,163 1,120,144
46,933
43,122
137,542
251,423
56,104
19,745
281,017
824,445
306,706
15,981
13,499
1,159
13,607
20,419
2,091
3,205
5,251
73,097
70,261
12,244
13,775
247,262
395,532
219,280 1,413,867 1,428,467
58,710
57,879
54,609
108,633
664,526
370,748
344,606
534,391
' 163,597
99,538
199,243
712,997 1,189,975
467,927 3,281,206 2,951,609
151,794
883,524
852,159
185,131
— 56,790
8,961
— 1.096
— 31,150
— 36,309
316,722
33,741
984,040 1,4107534
14,693
— 36,848
37,504
9,522
57,059
40,788
9,519
10,104
9,500
57,084
239,025
42,976
63,432
236,925
14
2
28
131
38
6,310
991
142
265
157,613
— 558
— 40,674
— 93,393 — 113,887
275,906
— 10,596
23,506
738,705 1,173,344
— 29,274 — 100,422
— 66,492 — 165,428 — 248,100 • 202,158
3,881
— 21,855
273,372
22,242
995,580 1,189,590
27,365
109,340
456
247
246
247
246
456
380
385
384
456
385
456
Trinity & Brazos Valley
D etroit & T o led o Shore Line
Ch.ica.go River & In d ia n a
Includes Chicago Junction
----- M onth o f June----- — Jan. 1 to June 30----- ----- M onth o f June----- — Jan. 1 to June 30----—
—
1923.
1923.
----- M onth o f June--------- — Jan. 1 to June 30----1922.
1922.
1923.
1023
1922.
1922.
1923.
$
1922
S
1923.
1922.
$
8
S
S
*
S
121,492
113,756
344,450
306,217 2,157,620 1,793,092
647,565 1 396 752
16,988
19,427
96,363
’ 124,356
135,197
349,808
598,874
594,994 3,727,940
No
139,785
310,025 2,187,371
772,842 1,580,058'
1,809,131
40,241
com 32,888
59,890
64,110
331,764
30,533
33,852
180,918
170,678
381,700'
174,577
parison
35,847
56,225
59,491
28,615
411,059
30,334
20,848
186,862
177,738
337,619,
124,925
2,818
2,434
847
510
6,110
1,658
3,254
19,603
14,313
19,539
12,491
52,670
224,490
230,924 1,477,892
107,920
63,002
66,876
649,077
364,394
587,480:
485,704
142,363
178,979
358,844
360,191 2,298,383
137,507
129,334 1,056,138
812,482 1,393,564:
840,763
— 7,166
170,831
240,030
234,803 1,429,557
2,278
180,691 1,131,233
— 39,640
185,494!
968,368
3,311
18,300
35,248
44,444
224,783
7,000
14,000
40,811
42,000.
109,800
84,000
217
. 11
19
691
1351
60
204,782
— 10,694
190,359 1.204,774
152,531
— 4,733
166,672 1,021,433
— 81,142
144,359:
884,308
— 24,026
65,141
278,619
267,017 1.689,403
— 25,290 — 179.951 — 147,4731
112,092
483,136
500,271
368
19
19
61
19
368
61
368
368
61
61
W ic h it a V a lle y
C hicago R ock Islan d & G u lf
D etroit T o led o & Iro n to n
----- M onth o f June--------- — Jan. 1 to June 3 0 -— — -M on th o f June--------- — Jan. 1 to June 3 0 -— ----- M onth o f June--------- — Jan. 1 to June 30----1923.
1923.
1922.
1922.
1923.
1923.
1922.
1922.
1923.
1922.
1923.
1922.
S
$
$
$
%
$
S
$
$
$
S
$
363,018
75,266
388,155 1,907,960 2,005,480
844,364
57,866
469,776
882,956 4,873,370 4,358,160
401,828
81,424
24,867
80,731
435,343
452,689
8,883
23,742
117,292
9,568
126,499
56,288
57,102
486,370
516,269 2,577,376 2,716,060i
106,686
874,559
89,779
904,632 5,031,436 4,477,923
627,698
571,445
15,724
69,250
92,210
475,435
386,675!
115,940
20,418
111,754
153,081
127,816
627,824
607,996
67,469
57,957
444,141
8,118
89,216
486,675;
5,617
208,819
67,589
47,238
804,258
934,606
21
13,875
14,638
78,289
82,5661
5,046
25
4,756
234
279
39,178
34,027
231,696
208,494 1,332,398 l,255,387j
39,642
273,255
38,867
243,016 . 248,471
262,478 1,780,393 1,466,430
397,864
64,079
386,830 2,428,378 2,299,533
497,709
66,296
430,097
429,823»
648,737 3,320,599 3,152,518
88,506
129,439
42,607
148,998
416,527
23,483
376,850
197,601
141,6221
255,895 1,710,837 1,325,405
12,239
5,369
11,150
73,432
69,900
5,503
12,563
35,330
2,356
34,471
75,502
75,484
38
10
162
1,011
645
17
178
95
1,018
36,968
76,229
118,279
74,921
346,4651
17,963
363,276
253,539 1,634,317 1,249,921
162,093
107,055
54,140
99,024
24,924
— 8,093
240,305
216,188
6,809
98,845
123,409
48,615
859,867
705,518
271
461
461
461
461
454
256
266
256i
454
454
454
C hicago R ock Isla n d & P acific
Delaw are & H u d so n
D u lu th & Iro n Ransre
----- M onth o f June--------- — Jan. 1 to June 3 0 -— — M onth o f June- — ■ - — Jan. 1 to June 3 0 -— ----- Month o f June--------1923.
1922.
1923.
1923.
1923.
1922.
1922.
1922.
1923.
1922,
1923.
1922.
•
5
$
$
S
$
S
$
$
S
S
S
$
6,937,283 7,465,396 42,423,920 39,202,214 3,897,131 1,734,825 19,833,495 15 442 210 1,066,147 1,220,081
2,424,396 2,505,328 12,645,045 12,640,192
292,919
15,845
277,411 1,740,411 l!609!213
14,080
’ l l 4 ’,696
92,992
10,202,006 10,733,758 59,599,477 56,053,682 4,454,137 2,297,070 22,961,570 18,866,476
1,177,105 1,317,150 2,993,380 2,176,549
1,342,365 1,379,939 7,663,675 7,240,761
324,270
520,372 2,076,639 2,875,853
153,652
148,123
550,175
471,247
1,037,997
2,538,076 2,296,528 14,405,343 12,661,951
132,525
637,584 6,356,072 4,909,216
116,771
773,821
552,260
195,182
195,041 1,139,492 1,062,084
38,581
1,409
45,664
224,996
1,170
262,296
7,154
6,808
4,219,652 4,001,966 25,957,293 23,848,496 1,601,332 1,067,455 9,983,288 7,620,140
273,898
233,739 1,154,585
790,334
8,622,611 8,163,984 51,001,126 46,444,592 3,171,909 2,471,991 19,660,410 16,876,743
581,479
519,672 2,597,586 1,922,177
1,579,395 2,569,774 8,598,351 9,609,090 1,282,228 — 174,921 3,301,160 1,989,731
595,626
797,478
395,794
254 372
84,888
86,746
445,655
543,823 2,929,362 3,184,722
85,690
509,328
87,735
514,140
214,265
161,500
1,792
289
21
1,187
6,862
7,890
787
2,136
7.932
37
90
280
1,131,948 2,024.764 5,662,127 6,416,478 1,197,051 — 261,398 2,789,696 1,467,659
508,859
709,706
181,439
92,592
798,673 1,783,169 3,705,972 4,971,126 1.455,890 — 292,905 ‘ 2,510,575 1,494,268
517,350
712,391
189,223
403 7988
886
7,635
7,661
7,635
7,661
279
887
886
281
887
279
281
C hicago St. P au l M inn. & O m aha D elaware L ack aw an n a & W estern
D u lu th Missabe & Northern
----- Month o f June--------- — Jan. 1 to June 30----- ----- Month o f June--------- — Jan. 1 to June 30----- ----- M onth o f June----- - 1923.
1923.
1922.
1922.
1923.
1923.
1922.
1923.
1922.
1922.
1923.
1922
S
5
$
$
$
$
S
$
$
*
S
$
1,514,511 1,691,398 9,734,168 9,097,581 5,907,002 3,534,763 31,590.342 25,074,206 2,880,224 2,463,601 5,591,455 3,326,817
556,475
568,943 3,026,692 3,001,908 1,196,220 1.197,918 6,552,619 6,434,184
16,667
36,568
129,270
232,536
2,273,195 2,466,833 13,781,030 13,056,451 8,005,941 5,501,267 43,200,096 35,882,808 3,188,263 2,679,074 6,375,246 3,844,734
677,443
392,486
306,742 1,619,895 1,626,297
244,794
900,196 3,708,018 3,933,888
251,490
911,407
886 505
488,837
473,554 2,926,320 2,561,322 1,681,716 1,094,256 11,187,861 7,630,283
164,430
144,561 1,167,387
804 423
113,868
34,814
35,308
198.432
2,691
208,486
119,772
626,116
2,892
668,991
17,127
18 448
1,001,547 1,003,274 6,636,221 6,161,951
2,972,023 2,503,623 19,026,133 15,453,052
508,978
404,119 1,701,527 1,204,653
1.997,611 1,902,868 11,861,309 11,039,360 5,662,234 4,833,534 35,801,615 28,945,547
.943,243
825,370 3,929,130 3,043,263
275,584
563,965 1,919,721 2,017,091 2,343,707
667,733 7,398,481 6,937,261 2,245,020 " 1,853,704 2 ,4 4 6 0 1 6
801 471
130,212
132,262
459,995
799,923
782,189
256,621
326,495 2,509,970 2,558,970
200,791 1,000,958
600 008
3,581
613
1,059
5,598
9,830
532
18,666
11
3,591
17
144,759
430,644 1,114,200 1,225,072 1.880,131
1.988,399 1,652,902 1,445,158
340,706 4,869,845 4,374,700
201,446
1,929,721
400,904 1,166,804 1,030,376
130,053
411,745 5,373,650 4,726,070
1,982,327 1,644,808 1,425,892
185 778
993
1,749
1,749
1,749
1,749
994
305
993
994
307
305
306
C in cin n a ti In d ia n a p o lis & W e st.
Denver & Rio G rande
D u lu th S o u th Share & A tlan tic
----- Month o f June--------- — Jan. 1 to June 3 0 -— ----- M onth o f June--------- — Jan. 1 to June 30----- ----- M onth o f June--------1923.
1922.
1923.
1922.
1922.
1923.
1923.
1923.
1922.
1922.
1923.
1922
S
*
S
$
S
5
$
*
$
$
S
$
286,481
304,131 1,903,141 1,637,388 1,934,382 1,948,638 11,505,390 10,923,931
377,305
300,163 2,046,863 1,298 384
52,312
40,394
226,350
294,355
538,354
555,995 2,452,226 2,410,561
94,842
92,370
550,322
479,638
354,950
376,757 2,312,794 2,043,584 2,725,111 2,737,227 15,299,225 14,456,211
524,442
441,665 2,810,687 1,964 781
263,686
256,002
464,518
52,014
46,381
431,234 2,005,438 2,061,533
95,765
87,163
358,572
368 906
76,659
79,735
496,480
457,408
802,795
634,793 4,773,693 3,104,899
89,551
69,873
455,770
405,436
13,612
13,636
69,530
68,196
57,622
54,706
6,785
298,138
276,875
7,005
37,814
39,614
139,644
150,300
992,577
913,508
959,904
840,751 5,947,938 4,890,777
219,700
185,444 1,431,457 1,103.475
302,444
312,461 1,944,317 1,829,086 2,430,176 2,117,624 13,774,301 11,089,374
429,306
366,560 2,387,642 2,017,913
64,296
368,477
52,506
214,498
294,935
619,603 1,524,924 3,366,837
95,136
75,105
423,045
— 53,132
20,518
18,536
118,179
85,740
167,775
28,000
158,175 1,006,650
933,175
33,000
174,000
186,000
49
43
5,575
3,650
6,513
66
270
31,988
47,760
250,298
127,111
128,758
455,853
67,093
514,624 2,427,149
42,105
248.979 — 239,402
24,628
19,437
115,727
— 8,231
322,340
482,302
46,454
997,285 2,653,151
41,224
136,655 — 258,772
347
350
347
350
2,593
2,593
591
2,593
591
2,593
591
591




R A IL W A Y

A ug., 1923.]

D u lu th W in n ip e g & P acific
E A R N IN G S .
Freight revenue ____
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M ain t .way
M aint. o f equipm ’t T raffic expenses___
Transportation e x p .
T o t .exp . ,incl .o th .
N et from railroad____
Taxes __
___
Uncollectible revenue.
N et after taxes, & c.
N et after rents _____
A ver, miles o f r ’d op er.

Freight revenue . .
Passenger revenue___
T o t ., in c l. other r e v .
E xpenses— M aint .way
M a in t. o f equip m ’t .
T ra ffic expenses___
T ransportation e x p .
T o t .ex p . ,incl .o th .
N et from railroad____
Taxes . . .
U ncollectible revenue.
N et after taxes, & c.
N et after rents .
A v e r . miles o f r’d o p e r.

E A R N IN G S
Freight r e v e n u e ___
Passenger revenue___
T o t .. in c l. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t .
T ra ffic expenses___
Transportation ex p .
T o t .exp .incl. oth.
N et from railroad____
____
Taxes
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A ver, miles o f r’d oper.

E A R N IN G S
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M ain t .way
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation e x p .
T o t .exp . ,incl .o th .
N et from railroad____
Taxes
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A ver, miles o f r ’d oper.

Freight revenue . . ._
Passenger revenue---T o t ., in c l. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t .
T raffic expenses---Transportation e x p .
T o t .exp.,incl .oth .
N et from railroad-----Taxes . .
. .
U ncollectible revenue.
N et after taxes, & c.
N e t after rents
A ver, miles o f r’d oper.

E A R N IN G S .
Freight revenue. . -----Passenger revenue---T o t ., in c l. other r e v .
Expenses— M aint .way
M a in t. o f equip m ’t .
T ra ffic expenses---T ransportation e x p .
T o t .exp . ,incl .o th .
N et from railroad-----Taxes
U ncollectible revenue.
N et after taxes, & c.
N et after rents . .
A ver, miles o f r ’d op e r.

E A R N IN G S .
Freight revenue —
Passenger revenue----T o t ., in c l. other rev.
Expenses— M aint .way
M aint. o f equipm t_
T ra ffic expenses---T ransportation e x p .
T o t .ex p . ,incl .o th .
N et from railroad____
Taxes .
U ncollectible revenue.
N et after taxes, & c.
N et after rents . .
A ver, miles o f r’d oper.

& Terre H a u te

7
G ran d T ru n k W estern

June---------- —Jan. 1 to June 30— -■ ----- M onth o f
1922.
1923.
1923.
1922.
S
$
S
1,409,533
34,255
720,846
409,333
202,577
6,529
40,416
58,491
50,546
521,478
1,711,931
802,945
30,590
186,398
219,235
184,330
319,663
6,264
59,269
49,615
10,732
12,737
40,092
2,915
33,521
344,917
290,953
587,195
76.643
642,629
557.875 1,199,617
— 26,097
160,316
— 36,397
512,314
25,494
4.249
25,397
57,796
CrlO
3
104
110
— 30,336
134,916
— 61,995
454,408
— 58,319
— 76,879 — 228.232
163,721
140
140
140
347

Florida E ast C oast

June----- ----- Jan. 1 to June 30----1922.
1923.
1922.
1
C
v
s
1,409,719 8,238,862 6,020,945
170,128 1,060,682
862,381
1,683,523 9,844,192 7,343,633
647,132
791,541
173,315
307,148 1,895,692 1,643,033
178,725
161,575
22,956
580,194 3,798,324 3,280,074
1,137,284 7,001,207 6,070,072
546,239 2,842,985 1,273,561
354,400
387,854
73,207
0250
1,110
Cr26
885,957
473.058 2,427,475
234,858
934,453* — 269,484
347
347
347

G reat N o rth ern

----- M onth o f June---------— Jan. 1 to June 30----- ----- Month o f June---------- —Jan. 1 to June 30----- ----- Month o f June---------— Jan. 1 to June 30----1923.
1923.
1922.
1922.
1922.
1922.
1923.
1923.
1923.
1922,
1922.
1923.
S
8
8
$
*
$
$
$
S
S
S
8
778,750
493,930 5,432,749 4,726,520 7 714 O
fiO fi q?1 563 40 ?Q1 85Q 31 449 656
243,994
199,575 2,882,926 2,407,921
l!440]873 U 3 90 ;i5 5 7 J5 2 !0 6 3 6,755,161
1,154,523
813,138 9,420,093 8,065,238 i0,193,006 9,242,241 52,543 705 42,730,195
172,519
173,377 1,173,855 1,011,166
179,140
149,168 1,069,996 1,023,904 1,958,286 1,590,594 7,985,580 6,159,727
12,179
13,794
72,843
78,171
204,775
193,895 1,190,857 1,182,210 1,997,464 1,694,061 12,081,486 9.153,101
6,885
7,840
31,269
43,470
10.124
11,983
88,623
87,896
275
294
1,694
1,940
833,220
195,734
182,964
939,167
298,894 2,621,146 2,308,381
61,467
360,551
55,901
382,463
341,545
3,445,446 3,092,327 22,934,326 18,021,718
790,810
683,525 5,242,030 4,838,631 7,806,414 6,807,580 45.263,93b 35.780,679
84,697
481,721
80,199
503,670
363,713
129,613 4,178,063 3,226,607 2.386,592 2,434,v.61 7,279,769 6,949,516
87,822
670,185
529,445
93,178
115,132
569,039
362,537
62,645
72,517
16,070
85,456
8,055
680,115
702,744 4,125,649 3,663,091
102
2,420
3,372
298
53
6,722
2,297
591
10,897
66,866 3.606,604 2,860,698 1,704,180 1,731,326 3,143,223 3,279,703
71,752
248,283
584,729
456,875
85,123
176,933
3,838 3,153,870 2,513,188 1,814,628 1,830,787 4,291,270 4,039,579
76,322
406,703
51,505
466,960
764
764
764
764
1
1
1
1
8,2n2
8,265
8,256
8,255
Fort Sm ith & W estern
& Eastern
E lgin Joliet
G reen Bay & W estern
----- M onth o f June- — • - — Jan. 1 to June 30----- ----- Month o f June- — ■ ——Jan. 1 to June 30----- ----- M onth o f June-------- — Jan. 1 to June 30----1922.
1922.
1923.
1923.
1922.
1923.
1922.
192,3.
1923.
1922.
1922.
1923.
S
S
S
$
$
$
S
$
$
S
*
S
548,978
2,193,726 1,501,342 12,877,113 9,448,136
77,844
109,748
572,720
507,809
96,448
100,566
532,230
125,831
1
56
22
22,748
132,606
8
22,485
11,524
15,400
90,943
104,386
730,608
111,166
142,072
765,057
2,483,235 1,731,845 14,377,518 10,507,235
115,014
125,040
647,622
686,695
151,861
148,097
845,709
31.194
25,438
215,495
168,857 1,001,374
109,420
22,922
24,431
125,694
146,447
21,373
21,686
155,120
522,864
415,241 3,563,530 2,152,523
27,789
19,423
139,483
112,185
4,928
4,732
29,094
29,075
72,753
72,248
10,971
11,310
2,191
2,619
15,249
14,424
272,025
42,882
43,813
277,725
711,435
539,075 4,442,212 3,101,133
40,021
253,712
44,226
275,511
642,955
103,404
662.529
1,499,296 1,171,303 9,296,394 6,376,896
108,890
88,819
556,442
99,463
522,231
87,653
2,276
38,668
102,528
983,939
560,542 5,081,124 4,130,339
36,221
91,180
15,551
164,464
34,800
5,800
34,800
523,160
5,800
532,240
113,198
92,387
8,000
8,000
48,000
48,000
388
249
16
48
290
12
376
52,604
67,340
— 3,54b
32,820
870,741
468,155 4,548,594 3,607,179
28,221
42,804
116,464
7,539
883
21,149
36,737
— 7,607
666,954
339,745 3,417,407 2,877,166
24,929
63,754
90,423
5,482
249
249
249
249
459
459
459
262
459
234
262
234

G a lv esto n W h a rf
El Paso & S ou th w e ste rn
G u lf & Shin Isla n d
----- M onth of June-------- — Jan. 1 to June 30----- ----- M onth o f June— ——Jan. 1 to June 30----- 1 M onth o f June-------- — Jan. 1 to June 30--------1922.
1923.
1922.
1922.
1923.
1922.
1923.
1922
1923.
1923.
1923.
1922
S
$
S
8
$
S
S
$
.?
8
$
8
825 801 5 036 989 3,887,288
] 244 853 1 196 256
Q33 978
973,038
183U02
181,796 1,067,103
228,204
220,203
41,328
38.453
706,854
98,602
651,006
89,550
,442,382 5,211,774
1,174.912 1.066.799
268,092
259,108 1,640,403 1,437,784
345,458
36,100
54.068
209,307
184,469 1,136,051
934,755
183,257
273,997
263,246
48,370
42,379
25,589
21,296
4,608
3,854
169,822 1,299,396
877,881
226,405
233,192
37,251
223,735
38,776
4,906
3.911
627
989
217,002
167.658
30,476
8,891
60,705
6,162
49,375
45,106
170,928
185,731
27,518
22,497
285,127 1 784,895 1,415,088
342,723
486,240
432,667
75,202
82,870
492,983
671,383
79,259
98,675
723,211 4.738,646 3,688,239
863 735
1,183,829 1,036,396
173,171
202,493
35,471
158,023
10,291
— 73
343,588 1 703,736 1,523,535
311,177
456,574
401,388
65,599
85,937
102,000
17,000
102,000
17,000
575,548
575,928
95,988
145,412
106,478
105,859
22,416
17,622
2,082
46
68
2,714
502
1,061
736
49
69
— 68,611
— 17,119
55,955
— 6,709
947,105
247,600 1.125,474
205.318
310,101
294,174
43.134
68,246
— 68,526
57,555
— 6,425
— 17,230
756.598
178,582 1,008,227
139.489
259.843
255,775
35,240
60,777
13
13
13
13
1,139
1,139
1,139
1,139
307
307
307
307
Georgia

Erie System
E A R N IN G S

Evansv. In d ia n a p

----- M onth o f June------------ Jan. 1 to June 30----- ----- M onth o f
1923.
1922.
1923.
1922.
1923.
*
$
S
t
150,546
170,447 1,133,535
823,794
125,628
18,203
19,047
135,784
115,045
6,091
176,674
194,909 1,311,286
972,664
138,707
49,511
32,551
202,214
158,790
38,903
45,909
237,290
38,648
265,270
6,511
3,896
4,896
28,120
21,845
1,313
65,941
433,854
65,980
555,450
53,044
173,566
147,507 1,080,922
891,356
94,506
3,108
47,402
230,364
81,308
44,201
8,835
4,232
9,937
110,318
54,218
34
1
23
1
36
— 5,761
37,464
27,067
39,968
120,010
— 14,665
5,492
35,077
115,400
13,327
178
178
178
178
140

E ast St. Lou is C on n ectin g
E A R N IN G S .

E A R N IN G S

G u lf Mobile & N o rth ern

----- M onth o f June—
--------—Jan. 1 to June 30----1922.
1922.
1923.
1923.
S
S
$
S
355,317
280,800 2,2x1,906 1,630,132
555,444
106,058
614,081
116,883
421,356 3,014,150 2,367,734
505,172
318,278
236,910
42,671
51,857
563,296
420,630
84,738
72,627
18,754
125,085
116,251
20,715
198,504
195,920 1,290,989 1,150,242
349,787 2,416,188 2,039,158
376,075
328,576
597,962
129,097
71,569
42,120
7,020
37,560
6,260
82
1,056
1,526
2,650
557,752
285,400
64,467
121,311
302,112
505,954
70,585
114,439
328
328
328
328

1923.
S
394,975
40,698
454,922
86,317
74,741
16,938
165,572
359,558
95,364
27,819
121
67,424
55,240
4o5

G eorgia & Florida
Chicago & Erie
--------- Month of June---------— Jan. 1 to June 30----- ----- M onth o f June----- ——Jan. 1 to June SO
lu z z.
1923.
19112.
1923.
1922.
1922.
1923.
1923.
S
S
$
$
$
549,657
689,424
112,416
118,310
773.146 6,130,507 4.816,539
1,016,862
69 637
12,028
113,210
21,205
342,424
312,048
66,355
83,509
665,104
851,237
142,729
138,050
903,500 6,903 598 5,492,774
1.179,823
107,258
102,657
18,361
18,470
102,552
658,046
571,435
137,120
113,536
106,108
19,806
14,373
157.449 1,194,290
814,932
184,096
50,024
40»/ / 4
8,289
8,803
124,272
17,703
22,377
117,375
265,327
52,928
350,843
56,727
381,213 2,727,310 2,405.117
388,180
100,676
665,072
563,837
111,178
692,507 4,932,218 4,114.795
771,379
37,374
101,267
186,165
31,551
210,993 1,971,380 1,377,979
408,444
37,692
6,274
37,375
6,200
55,000
309,686
318,204
52,570
2t
27
769
485
514
7
86
196
63,407
31,073
147,704
25,325
155,986 1 ,^61,180 1,059,689
355,678
19,656
21,369
93,325
14,655
7,328 — 121,815 — 251,162 — 593.097
405
405
405
405
269
269
269
269

1923.
8
1,541,348
97,535
1,788,789
148,593
519,651
12,440
452,537
1,173,606
615,183
81,699
69
533,415
476,946
348

Erie
----- M onth o f June---------— Jan. 1 to
1922.
1923.
1923.
7,947,102 5,154,572 49,441,443
1,155,456 1,128,391 6,339,107
9.854,901 6,911,867 60.043,281
935,419 5,902,787
1,301,169
2,616,385 2,281,746 16,753,330
180,021
128.322
141,860
3,641,963 3,204,101 24,746,008
8,039,447 6,871,559 50,195,577
40.308 9,847.704
1,815,454
290,220 1,968,774
340,677
42,493
3,516
7,959
1,466,818 — 253,428 7,836,437
1,560,336 — 114,050 8,230,881
2,039
2,039
2,039

June 30----1922.
34, 78,302
6,249,744
44,435,306
4,593,439
12,705,939
807,043
19,570.046
39,629,390
4.805,916
1,590,170
22,206
3,193,540
3,999,908
2,039

New Jersey & New York
----- M onth o f June---------— Jan. 1 to June 30----1922.
1923.
1923.
1922.
S
$
$
%
22.658
16,817
155,790
119,673
106,094
102,326
583,236
581,060
133,819
123,401
770,322
728,748
16,293
84,886
18,850
85,336
131.718
19,312
19,010
107,708
1,474
1,373
7,991
7,969
63,445
71,549
421,083
405,714
111,242
106,805
669,997
626,871
27,014
12,159
100,325
101,877
3,330
3,000
20,030
17,971
159
605
251
9,159
23,525
79,690
83,655
— 5,343
— 17,176
— 89,105
— 67,180
45
45
45
45




G ran d T ru n k System

See Uanaaian

jn ationai

1922.

s

381,048
36,557
435,559
63,896
66,733
12.191
149,670
304,288
131,271
17,644
50
113,577
90,506
470

1923.

8

2,572,273
238,335
2,922,733
439,438
493,638
101,189
1,042,876
2,179,213
743,520
156,559
0182
587,143
472,488
465

1922.

5

2,057,110
223,656
2,375,446
353,270
379,643
83,159
801,764
1,706,885
668,561
104,374
1,170
563,017
464,473
470

H ock in g V alley
1922
$
936,174
84,533
1,178.018
113,272
230,100
11,184
354,981
748,211
429,807
92,037
141
337.629
348,816
348

---- Jan. 1 to June 30-----1923.
1922.
$
$
7,539,041 5,329,390
547,406
491,145
8,632,724 6.350,410
609.031
743,851
2,928,662 1,326,547
79,050
71,151
2,630,973 2,113,306
6,590,800 4.297,045
2,041,924 2,053,365
490,069
545,049
402
544
1,551,453 1,507,772
1,650,224 1,538,478
348
349

In te r n a tio n a l-G r e a t N orth ern
----- M onth o f June---------— Jan. 1 to June 30----1922.
1922.
1923.
1923.
S
S
$
S
735,864 5,028,479 4,791.933
790,870
230,032 1,162,268 1,181,254
235,343
1 ,x l9,08 5 1,090,186 6,828,034 6,741,669
936,893
240,500
148,150 1,306,996
214,516 1,314,413 1,310,921
214,265
158,954
30,318
26,b23
18*1,397
430,830
451,815 2,772,061 2,933,993
966,556
895,735 5,877,293 5,664,698
950,741 1,076,971
152,529
194,451
195,148
32,500
194,863
32.500
159
8,523
2
1,480
755,434
873,585
160,471
120,027
545,094
540,542
127,489
99,206
1.159
1.159
1,159
1,159

8

E A R N IN G S .
Freight revenue_____
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation e x p .
T o t .exp . ,incl .o th .
N et from railroad
T a x e s ___
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A ver, miles o f r ’d oper.

E A R N IN G S .
Freight r e v e n u e _____
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M a in t .w ay
M a in t. o f equip m ’t .
T ra ffic expenses___
Transportation e x p .
T o t .ex p . ,incl .o th .
N et from railroad____
Taxes .
U ncollectible revenue.
N e t after taxes, & c.
N e t after rents
A v e r, miles o f r ’d oper.

E A R N IN G S .
Freight r e v e n u e _____
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M ain t .way
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation e x p .
T o t .ex p ., in cl.o t h .
N et from railroad____
Taxes
U ncollectible revenue.
N e t after taxes, & c.
N e t after rents
A ver, miles o f r’d oper.

R A IL W A Y

Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M ain t .way
M a in t. o f equipm ’t .
T ra ffic expenses___
Transportation ex p .
T o t .ex p . ,incl .o th .
N e t from railroad____
T a x e s ___
U ncollectible revenue.
N et after taxes, &c_
N e t after rents
A v e r, miles o f r’d oper.

Freight revenue. . ._
Passenger revenue___
T o t ., in c l. other re v .
Expenses— M aint .way
M a in t. o f equipm ’ t .
T ra ffic expenses___
T ransportation ex p .
T o t .exp .,incl .o th .
N et from railroad____
Taxes
U ncollectible revenue.
N et after taxes, & c.
N e t after rents
—
A v e r, miles o f r ’d oper.

E A R N IN G S .
Freight revenue
Passenger revenue___
T o t ., incl. other rev.
Expenses— M aint .way
M a in t. o f equipm ’t T ra ffic expenses___
T ransportation e x p .
T o t .exp . ,incl .o th .
N e t from railroad____
Taxes
U ncollectible revenue.
N e t after taxes, & c.
N et after rents .
___
A ver, miles o f r ’d oper.

L ou isville & N ashville
Jan. 1 to June 3 0 -— — -M on th o f June----- - — Jan. 1 to June 30----1923.
1922.
1923.
1923.
1922.
1922.
$
S
S
S
S
S
8,115,867 9,274,203 50,281,378 47 748 616
2,331,627 1,951,824 12,176,888 10,569^925
570,825
551,559 11,220,169 11,882,969 66,622,895 62,050,125
1,603,411 1,533,906 8,455,110 8,811,744
79,245
58,262
87,093
57,712 2,899,887 2,558,342 16,676,667 14,812,641
227,516
202,351
1,395,931 1,255,637
334,163
245,117 4,187,816 4,037,176 25,158,753 23,325,034
511,005
370,695 9,220,047 8,606,893 53,372,843 49,855,468
59,820
180,864 2,000,122 3,276,076 13,250,052 12,194 657
499,985
593,172 2,872,542 2,379,026
38,703
38,019
1,163
1,365
6,492
3,707
11,718
10,656
21,117
142,845 1,498,974 2,681,539 10,371,018 9,811,924
1,421,238 2,619,409 10,734,319 9,839,446
21,198
17,013
202,041
42,242
5,049
13
13
5,038
13
13
5,041
5,038
L eh ig h & H u d so n River
Louisville H en d erson & St. Lou is
M
----- M onth o f June--------- — Jan. 1 to June 3 0 -— — — onth o f June--------1923.
1923.
1922.
1922.
1923.
1922.
1923.
1922.
$
S
$
8
S
$
S
3
190,178
247,715
146,482 1,358,841 1.117,217
218,023 1,224,687 1,096,006
64,996
2,588
3,162
19,811
60,333
22,025
366,285
340,434
273,418
273,096
160,126 1,457,955 1,200,236
297,736 1,701,815 1,531,388
60,197
27,916
33,063
78,162
134,132
168,662
336,231
309,974
39,892
40,371
26,176
31,306
228,729
222,559
226,474
241,088
6,865
1,490
1,403
9,957
6,587
8,927
38,782
37,317
88,348
51,679
78,863
544,782
105,485
494,793
566,913
520,859
205,505
129,779
147,336
968,908
229,708 1,222,316 1,159,614
939,999
67,913
143,217
12,790
489,047
68,028
260,237
479,499'
371 774
4,719
12,500
16,278
69,500
79,368
8,750
61,311
52,500
69
2
12
171
43
130,817
— 3.488
63,125
419,545
59,266
180,869
418,017
319,231
111,093
53,663
— 18,444
377,535
44,405
72,058
334,505
239,628
96
199
96
96
199
96
199
199
Lake Term inal

----- Month o f June---------— Jan. 1 to June 30----- — -M on th o f Ju ne--------—
1922
1923.
1923.
1922.
1922.
1923.
S
$
%
S
S
$
104,810
154,581 1.271,838 1,210,023
32,654
224,658
201,734
37,515
114,922
84,266
156.811
201,647 1,591,271 1,508,504
15,507
40,221
215,812
11,440
u5,207
247,568
19,360
45,572
27,913
310,342
272,596
12,514
25,818
4.574
27,338
4,587
80.101
60,189
748,094
41,566
78,657
711,440
198.972
96,954
67,274
155.095 1,356,076 1.247.866
— 42,161
17,968
16,992
46,552
235,195
260.638
6,250
6,336
15,000
16,000
90.000
96.000
— 57,161
— 74,876
233

30.552
12,591
233

K a n sas C ity Mexico
E A R N IN G S .

145,195
72,852
233
&

164.638
83,381
233

O rien t R R .

----- Month o f June— - — Jan. 1 to June 30----—
1923.
1922.
1922.
1923.
$
S
$
$
108,618
684,378
100,547
553,433
7,864
12,058
43,147
62,180
123,182
785,794
125,476
665,313
150,076
26,122
187,961
35,595
182,740
26,706
29,127
174,427
4,900
5,765
32,565
28,064
64,222
401,124
56,999
364,920
138,067
122,909
836,787
757,186
273
— 50,993
— 12,591
— 91,873
8,320
43,357
49,920
7,226
26
57
400
— 19,874
— 94,750 — 141,819
— 8,047
— 23,450
— 7,891
— 74,138 — 139,152
272
272
272
272

K a n . City Mex. & Or. Ry.
----- M onth o f June--------- — Jan. 1 to
1923.
1922.
1923.
$
2
S
125,304
112,290
694,693
14,338
12,967
57,805
144,916
135,325
793,406
21,298
35,666
163,118
27,052
37,366
214,677
5,751
4,991
34,028
64,359
64,688
446,049
137,878
135,047
891,205
7,038
278
— 97,799
6,000
6,000
36,000
235
1,308
— 5,722 — 135,107
803
— 15,063
— 18,757 — 222,314
465
465
465

of Texas

L eh igh & New E n gla n d

June 30----- — M onth o f June--------- — Jan. 1 to June 3 0 -— ----- M onth o f
1923.
1922.
1923.
1922.
1923.
1922.
S
S
$
$
$
S
576,824
231,326 2,969,715 1,929,410
1,267,329
627,864
1,872
450,958
65,616
1,760
12,205
11,891
587,924
740,236
240,118 3,030.621 1,987,365 1,879,980
72,846
297,092
64,743
161,224
296,067
258,770
310,681
99,772
236,264
86,592
813,318
742,416
5,845
18.177
28,1771
5,645
47,278
47,588
159,917
789,386
99,197
463,573
924,078
714,984
354,183
271,018 2.182,696 1,863,308 1,466,133
928,750
233,741
— 30,900
413,847
— 188,514
847,925
124,057
32,452
6,645
98,433
35,987
129,463
62,871
303
324
315,111
201,289
— 37.545
— 224,825
718,462
61.186
205,372
— 27,228
284,636
— 308,663
778,974
135,264
219
1,201
236
465
219
236

K a n sas O k lah om a & G u lf
E A R N IN G S .
Freight revenue. _ .
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M ain t .way
M a in t. o f equipm ’t T ra ffic expenses___
T ransportation ex p .
T o t .exp.,incl .oth.
N e t from railroad____
Taxes .
. . .
U ncollectible revenue.
N e t after taxes, & c.
Net after rents_______
Aver, miles o f r’d oper.

[ V o l . 117.

Los A n geles & S a lt Lake
Illin o is C en tral System
K a n sas C ity S o u th ern System
----- M onth o f June-------- — Jan. 1 to June 30----Inc. T azoo & Mississippi Valley
Kansas City Southern
1923.
1922.
1922.
1923.
----- M onth o f June----- -—-J a n . 1 to June 3 0 -— — — onth o f June-------- — Jan. 1 to June 30----M
S
$
s
*
1923.
1922.
1922.
1923.
1923.
1922.
1922.
1923.
1,389,483 1,094,046 7,597,290 6,094,500
11,315,438 10,532,016 73,489,397 59,667,012 1,246,010 1,197,590 7,843,376 6,907,531
668,231
598,745 3,005,153 2,513,354
2,647,273 2,290,656 14,966,679 13,097,946
208,726
181,303 1.041,552
963,117
15,072,360 13,780,721 95,148,281 78,501,740 1,617,441 1,518.100 9,744,263 8,732,517 2,231,757 1,844,979 11,512,048 9,450,004
372,496 1,862,389 2,048,635
326,490
2,671,925 2,026,172 13,575,426 10,558.819
235,785
195,884 1,283,616 1,106,445
486,394
341,798 2,713,347 2,099,440
3,829,647 3,298,458 22,578,220 17,259,311
363,397
339,638 2,034,673 1,719,549
300,508
278,272
60,548
52,023
214,676
211,696 1,294,698 1,271,881
41,450
36,471
230,899
220,547
595,740
511,728 3,707,518 3,146,221
5,686,962 4,881,534 36,373,919 29,172,983
548,329
523,653 3,441,755 3,175,649
12,785,281 10,828,029 76,117,992 60,706,199 1,268,633 1.168,660 7,411,489 6,630,710 1,574,225 1.374,981 9,135,022 8,089,228
657,532
469,998 2,377,026 1,360,776
2,287,079 2,952,692 19,030,289 17,795,541
348,808
349,440 2,332,774 2,101,807
110,843
677,758
113,015
661,807
779,119 1,142,016 5,521,512 6,622,048
88,047
94,878
525,145
583,370
1,842
85
277
855
1,768
8,500
6.160
147
583
2,660
1,355
544.617
359,070 1,697,426
699,292
1,507.105 1,808,908 13.502, 17 11.164,993
260,614
253,979 1.806,274 1.515,777
479,055
325,189 1,461,021
450,497
1,430,861 1,850,271 12,952,622 11,499,994
214,926
214,682 1,584,864 1,474,942
1,186
1,137
1,172
1,141
6,166
6,219
6,166
6,219
767
767
767
767
Illinois Central
Texarkana & Fort Sm ith
L o u isian a & A rkan sas
----- M onth o f June-------- — Jan. 1 to June 30----- ----- M onth o f June--------— Jan. 1 to June 3 0 -— ----- M onth o f June----- - — -Jan. 1 to June 30----1923.
1922.
1923.
1922.
1922.
1923.
1923.
1922.
1922.
1923.
1922.
1923.
$
$
S
*
$
$
$
$
S
5
%
$
201,209
279,417 1,695,976 1,396,061
10,109,304 9,496,756 66,110,167 53,283,351
151,506 1,093,861
194,627
806,934
32,998
33,154
194,508
195,840
17,141
15,522
2,325,015 1,995,288 12,981,878 11,310,309
88,528
86,303
241,827
320,341 1,938,963 1,633,284
13,440,564 12,355,745 85,231,508 69,773,121
230,500
183,464 1,304,209
977,860
52,236
52,138
285,781
308,304
17,125
14.332
2,262,725 1,652,018 11,235,295 8,525,161
110,274
112,568
41,181
44,405
256,756
279,453
3,457,107 3,007,704 20,331,324 15,549,688
17,073
9,528
127.117
143,329
7,028
7,184
46,817
4,701
44,897
191,854
5,019
185,829 1,155,130 1,116,873
30,923
29,747
87,220
86,228
597,984
513,267
57,321
5,059,951 4,283,764 32,405,805 25,497,377
48,933
349,235
295.274
195,324
196,765 1,236,482 1,192,224
11.314.654 9,491,232 b 7 ,194,133 52,842,748
105,456
85.963
668,097
631,259
46,503
123,576
702,481
441,060
125,044
97,501
2,125,910 2,864,513 18,037,375 16,930,373
636,112
346,601
17,475
19,387
163,925
11.372
116,005
668,328 1,023,573 4,856,763 5,911,389
10.932
68,231
61,399
4
58
1,178
7,209
22
293
754
4.530
17
573
199
29,028
104,185
538,498
1,456,828 1,839,762 13,176,082 11,011,775
113,655
86,547
324,762
567.308
285.003
27,416
100,948
496,079
1,394,994 1,877,234 12,704,144 11,357,080
77,308
71,504
312,076
417,661
189,691
302
302
302
4,839
4,784
4,839
4,784
95
81
302
95
81
Yazoo & Mississippi Valley
L o u isia n a R ailw ay & Nav. Co.
Lake Superior & Ish p em in g
----- M onth o f June---------— Jan. 1 to June 30-— ----- M onth o f June------ - — Jan. 1 to June 3 0 -— ----- M onth o f June-------- — Jan. 1 to June 30----1923.
1922.
1922.
1923.
1922.
1922.
1921
1922.
1923.
1923.
1923.
1922.
S
$
*
%
S
*
$
S
$
$
*
S
258,341
233,333 1,690,454 1,350,034
189,580
1,206,134 1,035,260 7,379,230 6,383,661
148,766
366,314
208,433
30,423
30,876
31
29
322,258
295,368 1,984,801 1,787,637
482
180,236
472
175,156
304,945
281,851 1,973,335 1,607,991
229,236
1,631,796 1,424,976 9,916,773 8,728,619
177,980
438,298
247,681
55,100
61,243
23,488
409,196
374,154 2,340,131 2,033,658
21,790
383,535
118,520
117,896
381,883
69,932
67,331
13,892
372,540
290,754 2,246,896 1,709,623
11,545
394,651
88,965
58,297
285,861
10,096
11,700
155,008
242
22,822
25,867
139,568
217
1,630
62,970
62,172
1,257
136,738
102,594
38,456
627,011
597,770 3,968,114 3,675,606
25,484
124,239
803,307
75,738
664,582
282,468
254,024 1.710,141
78,872
1,470,627 1,336,797 8,923,859 7,863,451
61,404
350,768
268,817
1,464,244
22,477
150,364
161.169
992,914
865,168
116,576
27,827
263,194
88,179
87,530
— 21,136
143,747
17,000
15,896
710,659
7,292
110,791
118,443
664,749
5,707
102,000
43,784
33,137
95,896
350
454
101
1,630
1,291
2,636
590
2,357
5.127
11,477
143,072
153,218
110,869
158,558
50,277
— 30,854
326,535
43,746
— 54,273
45,494
— 12,512
— 16,756
248,478
142,914
145,740
112,309
35,867
— 26,963
27,695
50,457
— 52,894
— 99,777
343
33
343
1,381
33
1,380
1,381
1,380
343
33
33
343
In te r n a tio n a l R y . C o. of M aine

E A R N IN G S .

E A R N IN G S

----- M onth o f
Formerly Missouri Oklahoma & G ulf
1923.
----- M onth o f June--------- — Jan. 1 to June 30----$
1923.
1922.
1922.
1923.
164,244
228,830 1,266,061 1,217,984 5,868,610
680,374
10,880
11,783
66,134
72,817
250,799 1,337,669 1,341,614 7,052,888
181,586
710,653
41,960
46,204
227,006
260,050
29,973
31,826
229,888
150,139 2,123,581
98,042
6,957
6,715
41,208
33,063
76,546
87,573
519,529
485,436 2,691,472
168,326
183,215 1,087,387
989,155 5,788,415
13,260
67,584
250,282
352,459 1,264,473
209,491
10,117
10,715
59,675
59,785
19
8
86
96
3,135
56,869
190,521
292,578 1,054,963
— 4,830
45,528
95,602
227,417 1,012,023
314
1,335
314
314
314




L eh igh Valley
June--------- — Jan. 1 to
1922.
1938.
S
S
3,711,663 30,117,893
616,687 3,382,876
4,694,664 36,280,628
578,075 3,524,731
1,441,091 12,912,834
100,679
574,651
2,167,804 16,223,070
4,483,956 34,125,271
210,708 2,155,357
190,400 1,256,947
154
1,310
20,154
897,100
— 32,044
631,720
1.334
1,335

Maine Central

June----- • —
1922.
1923.
1922.
S
8
s
1,135,037 7,363,668 7,324,475
416,433 2,231,963 2,064,465
1,699,621 10,404,530 10,126,725
315,197 1,742,368 1,6571671
288,970 1,906,493 2,119,203
15,821
83,396
77,044
692,057 5,092,699 4,429,719
1,358,829 9,118,003 8,521,548
340,792 1,286,527 1.605 177
99,051
590,599
594,310
398
50
1,560
241,343
695,878 1,009,307
253,680
500,268
973^879
1,194
1,201
1,194

M idlan d V aliev

June 30----- — — onth o f June--------M
1923.
1922.
1932.

S

25,561,109
3,165,829
31,017,207
3,284,050
8,982,730
624,451
13,860,616
27,721,836
3,295,371
1,264,050
C rl7,9 39
2,049,260
1,802,808
1.334

$

271,110
59,768
349,593
91,747
52,699
4,933
102,434
254,128
95,465
15,176
992
79,297
70,085
365

$

341,962
74,040
434,597
66,815
34,002
5,125
110,337
231,239
203,358
16,740
464
186,154
167,184
365

1923.
$

1,749,283
369,931
2,224,158
356,191
312,314
30,922
701,858
1,484,618
739,540
91,058
1,618
646,864
587,843'
365

1922
%

1.782 292
408,909
2,281 8QQ
314,770
268 871
28 369
670,932
1,362,893
919,006
80 44-0
1,218
837,348
784 270
365

A ug . 1923.]
,

R A IL W A Y
M in n eapolis & St. Louis

E A R N IN G S .
Freight revenue______
Passenger revenue___
T o t., incl. other rev.
Expenses— M ain t .way
M aint. o f equipm ’t
T raffic expenses___
Transportation exp_
T ot .ex p . ,incl .oth .
N et from railroad____
Taxes _
Uncollectible reven u e.
N et after taxes, &c_
N et after rents
_ _
A v e r. miles o f r ’d op er.

E A R N IN G S .
Freight revenue_____
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M ain t .way
M a in t. o f equinm ’t T raffic expenses___
T ransportation exp_
T o t .exp ., incl .o th .
N et from ra ilroa d ____
Taxes
U ncollectible revenue.
N e t after taxes, &c_
N et after ren ts_____
A v e r . miles o f r ’d oper.

Freight r e v e n u e ____
Passenger revenue___
T o t ., incl. other rev.
Expenses— M a in t .wav
M a in t. o f eq u ip m ’t .
T ra ffic expenses___
Transportation e x p .
T o t .ex p .,incl .o th .
N e t from ra ilroa d __
Taxes .
. . .
U ncollectible reven u e.
N e t after taxes, &c_
N e t after rents
A v e r . m iles o f r ’d op er.

E A R N IN G S .
Freight revenue. . _
Passenger revenue___
T o t ., incl. other rev .
Expenses— M aint .wav
M a in t. o f equipm ’t T ra ffic expenses___
T ransportation ex p .
T o t.e x p .,in cl.o th .
N et from railroad__
Taxes
U ncollectible revenue.
N et after taxes, &c_
N et after rents _
A v e r . miles o f r ’d o p er.

E A R N IN G S .
Freight revenue______
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .wav
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation ex p .
T o t .exp.,incl .o th .
N et from railroad____
T a x e s _____________
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A v e r . miles o f r ’d op er.

Freight revenue.
Passenger revenue___
T o t., incl. other rev .
Expenses— M ain t .way
M aint. o f eq u ip m ’t .
T raffic expenses___
Transportation e x p .
T o t .exp ., incl .o th .
N et from ra ilroa d ____
Taxes _
Uncollectible rev en u e.
N et after taxes, &c_
N et after rents .
A v e r. miles o f r ’d op er.

Freight revenue
Passenger revenue___
T o t., incl. other rev .
Expenses— M ain t .w ay
M aint. o f eq u ip m ’t .
T raffic expenses___
Transportation exp.
T ot.e x p .,in cl.o th .
N et from railroad____
T a x e s _____________ __
U ncollectible revenue.
N et after taxes, & c.
N et after r e n t s ____
Aver miles o f r’d op er.

M o n on gah ela C on n ectin g

New O rlean s Tex.

&

Mex

System

New Orleans Texas & Mexico
Jan. 1 to June 30----- ----- Month o f June------------ .Jan. 1 to June 30--------- Month o f June---------— Jan. 1 to June 30----1922.
1922.
1923.
1922.
1923.
1923.
1923.
1922.
S
1923.
S
1922.
S
$
$
$
181,124
153,636 1,276,051 1,085,569
619 027
794,999
41,248
34,667
..
191,726
89.941
92,864
177,833
231,238
197,823 1,511,132 1,319,005
155,429 1,353,266
240,758
832,985
916,664
739,741
33,464
39,010
215,866
29,704
22,649
156,631
89,817
178,497
106,479
222,051
51.207
38,686
301,612
22,195
132.697
45,973
225,056
751,445
212,065
284,488
7,747
5,981
3,214
47,703
562
540
33,558
3,420
33,397
41,309
52,959
55,744
66,799
699,217
346,006
245,562
114,094
345,233
308,447
323,108
155,437
147,198
967,544
195.576
121,978 1,113,313
617,594
714,663
639.199
919,155
75,801
50,625
45,182
33,451
239,953
215,391
543,588
100,5*2
202,001
399,850
26,254
20,828
2,757
2,190
14,174
13,071
161,254
32 079
37,534
103,608
___ __
46
39
11
138
46
49,547
29,751
31,261
225,779
202,320
382,295
169.911
6^,870
42,425
296,196
91,782
66,567
21,811
26,878
193,390
642,454’
152,673
54,743
96,397
555,133
191
191
7
191
7
7
7
257
260
191
Beaumont Sour Lake & W estern
M o n to u r
Missouri & N o rth Arkan sas
----- M onth o f June----- - — Jan. 1 to June 30--------- Month o f June---------— Jan. 1 to June 3 0 -—• ----- M onth o f June---------— Jan. 1 to June 30----1923.
1922.
1922.
1923.
1922.
1923.
1922.
1922.
1923.
1923.
1923.
1922.
S
$
%
s
$
$
$
S
i
%
$
s
139,538
111,958
84,163
19,682 1,168,498
337,714
879,901
59,519
266,317
537,081
88,435
814,125
30,086
24,915
21,454
742
13,153
119,292
422
4,603
158,747
18,219
3,065
140,951
179,960
148,020 1,101,464 1,015,176
110.672
76,963
269,704
21,802 1,186,792
115,262
348,006
698,665
21,807
23,137
26,183
6,154
132,686
44,450
12,190
180,131
157,604
7,824
92,675
198,119
22,080
21,516
18,207
10,989
54,113
17,207
291,992
159.034
132,746
96,092
23,004
143,902
5,427
1,156
4,823
4,246
1,189
33,436
1,301
18,966
6,703
5,956
1,875
30,477
51,223
10,212
49,797
44,768
42,789
236,004
112,836
38,207
322,874
60,157
343,658
322,618
107,942
105,689
99,895
149.669
46.772
61,718
601,201
101,592
757,347
407,610
708,487
736,206
72,018
42,331
10,777
15,245
97,464
13,670
120,035
— 24.970
429,445
— 59,604
392,977'
278,970
4,621
5,079
2,*74
4,200
7,452
20,136
79,009
15,049
4,200
24,951
27,438
23,759
______
19
76
5
103
543
67,397
37,252
6,572
— 27,463
99,899
350,436
— 74,729
11,045
72,410
6,218
364,996
255,215
48,250
16,252
2,209
12,562 ' — 5,578
124,114
— 23,993
518,912
— 5,464
2,629
2 22 ,4 l T
108,098
118
118
364
344
364
243
5,
56
57
56
118
118
St. Louis Brownsville & Mexico
N ashville C h a tta n o o g a & St. L ou is
M issou ri-K an sa s-T ex as R R .
I n c lu d in g W ic h it a F alls & N o r th w e s te r n ----- M onth o f June------- — Jaw. 1 to June 30----- ----- M onth o f June-------- — Jan. 1 to June 30----1923.
1922.
----- M onth o f June---------—-Jan. 1 to June 30----1922.
1923.
1923.
1822.
1923.
1922.
S
S
1922
1923
1932
S
S
1923S
$
8
*
259,759
192,386 1,742,007 1,822,337
1,931,316 2,087,406 12,357.8*8 11,017 276 1,415,580 1,218,, 14 9,03, ,339 7,191,123
99,002
42. ,/5 4
396,601 2,392,411 2,196.889
91,740
526 35,
537,115 2,886,742 2 ,9 4 6 .2 /2
617,670
567,442
394,449
1 ,,5 1 .9 1 2 12,258,, ,0 10,143,436
2,699,884 2,852.501 16,755,533 15,382,647 2 ,009,34/
316,856 2,571,063 2,602,675
81,726
316,091 1,803.407 1,640,003
78,224
356,211 1,537,477 1,661,114
377,067
325,767
457,143
457,765
61,913
443,878 2,789,394 2,754,469
66,532
729,021
520,801
595,219 5.079,966 3.041,483
400,016
391,370
13,489
67,432
12,832
73,432
448,452
49,760
48,009
287,385
421,229
312,195
83,050
122,913
749,892
657,489 4,771,910 3,954.063
77,729
/ 65,516 5 ,1 /1 134 4,556,414
742,917
762,887
717,299
296,252
251,165 1,801,984 1,760,417
1,952,860 1,862,136 12.812,057 10.201 ,867 1,776.230 1,540.332 10,218.142 9,146.095
98,197
747,024
233,117
211,580 2,040,628
65,691
990,365 3 ,9 4 3 ,4 /6 5 ,1 8 0 ,,8 0
997,341
769,079"
842,258
18,219
35,000
12,361
177,986
209,791
60,000
360,000
210,000
934,037 1,097,630
108,928
90,902
341
' 515
7,252
141
12,702
86
507
600
12,259
3,335
1,879
165
79,463
172,976
176.239 1,677.293
779.974 2.997,180 4,075.898
52,244
568,531
774,639
658,272'
751,191
229,092 1,898,371
61,146
738,804
228,911
40,460
811,868 3,834,727' 4,280,423
992,080
476,270"
546,081
550
1,258
1,882
1,941
1,258
550
1,999
1,999
1,258
1,258
550
550
----- M onth o f
1923.
S
897,374
447,066
1,184,248
215,570
315,602
40,744
586,752
1,224,862
259,386
46,458
159
212,769
46,488
1,389
----- M onth o f
1923.
$
6 752 639
1,620,393
9,195,092
1,525,600
2,700,291
155,082
3,504,549
8,^,39,468
955,624
379,529
7,317
568.778




488,695

7,171

Nevada N orthern

June-------- — Jan. 1 to June 30------ ----- Month o f June--------- —
1923.
1932.
1922.
1923.
1922.
S
S
S
$
S
35,814
84,465
1,167,851 5,912,654 6,561.085
10,044
6,255
488,640 2,420.599 2,543,273
100,014
46,078
1,816,892 9,288,977 10,008,850
7,981
11,865
338,304 1,220.875 1,508,121
5,405
1,856
304,474 2,062,843 1,393,193
599
548
42,271
243,733
250,803
14,985
9,048
644,427 4,043,858 3,972,012
21,572
36,331
1,399,489 8,038.835 7,624,397
24,506
63,683
417,403 1,250.142 2,384,453
307 ,*94
6,610
6,117
51,787
308,533
854
4,876
3,074
57,073
18,389
364,762
937,772 2,072,846
21,760
56,697
206,070 — 233,810 1,055,156
165
165
1,737
1,564
1,737

M issouri P acific
E A R N IN G S .

N ew O rleans G reat N o rth ern

----- Month o f June-------- —
1923.
1922.
S
S
127,434
108,332
15,530
14,967
148,268
129,211
39,667
i 9,960
30,587
38,466
5,724
5,294
48,709
39,832
110,221
132.197
16.071
18,990
5,001
6,255
1
48
11,069
12.687
10,008
12,440
257
258

M issou ri-K an .-T ex as R y. of Tex.
E A R N IN G S .

M obile & O h io System

----- M onth o f June-------- ---- Jan. 1 to June 30----- June-------- — Jan. 1 to June 30----M o b ile * O hio
1922.
1922.
1923.
1923.
----- M onth o f June-------- — Jan. 1 to June 30----1922.
1922.
1923.
S
S
S
$
1922.
S
1922.
S
1923.
1923■
S
201,592
167,622 1,173,724 1,008,633
1,007,147 6,836,425 6,152,147 1,307,487 1,262,379 8,859,634 7,275,381
36,689
37,328
187,286
207,035
817,649
150,671
144,952
938,612
882,349
923,964
159,516
247,927
213,954 1,412,000 1,267,449
1,232,841 8,150,427 7,472,583 1,560,303 1,480,222 10,362,099 8,522,874
32,222
32,498
181,506
200,503
185,631 1,068,653 1,071,102
187,621 1,228,810 1,050,650
190,105
44,668
Cr8,768
228,798
210,539
245,298 1,899,947 1,523,545
360.911
320,827 2,356,149 1,701,977
4,579
34,641
6,167
29,934
46,908
275,732
273,247
24,185
153,280
146,278
47,5*0
69,780
424,252
74,565
402,702
552,011 3,703,576 3,500,213
530,082 3,77o,801 3,267,980
575,989
163,481
112,747
936,550
907,587
1,048,497 7,088,541 6,482,999 1,222,286 1,134,580 , ,916,826 6,591,928
84,446
101,207
475,450'
359,942
345,642 2,445,273 1,930,946
184,344 1,061,886
989,584
338,017
16,984
15,046
99,846
90,182
345,596
538,824
68,425
403,368
382,348
77,304
54,000
25
20
355
200
921
142
1,216
3
125
575
1,031
67,437
86,141
375,249
269,560
115,916
260,571
291.517 1,905,233 1,584,429
657,943
606,205
68,714
81,019
377,305
229,244
65,468
230,500 1,659,192' 1,269,650
531,618
21*,598
267,423
274
274
274
274
1,649
1,165
1,165
1,165
1,649
1,649
1,165
Colum bus & Greenville
N ew Y o rk C hicago & St. Lou is
M in n . S t. P au l & S a u lt Ste Marie
Form erly Southern R y . in M ississippi
----- M onth o f June-------- — Jan. 1 to June 30--------- M onth o f June---------— Jan. 1 to June 30----1923.
1922.
1923.
----- M onth o f June---------— Jan. 1 to June 30----1923.
1922.
1922.
1922.
1923.
S
S
1922.
1923.
1922.
$
S
S
1923.
S
S
S
528,030
513,066 3,473,337 3,194,763 20,755,633 17,526,327
3,217,170 3,118,196 18,227,431 14,139,398
88,965
94,557
179,130
161,433
822,104
26,092
25,953
168,097
162,564
706,780
664,044 3,576,548 3,232,320
761,596
121,971
126,183
739,030
714,658 3,813,741 3,463,784 22,456,750 18,811,491
4,315,127 4,204,331 23,652,491 19,254,928
433,156
455,774 2,311,244 2,171,329
565,182
36,182
26,496
209,824
162,698
672,240 3,010,389 3,079,531
865,393
818,365 4,746,945 3,747,297
716,356
17,547
94,160
81,690
719,491 4,381,308 3,918,646
15,944
89,443
83,155
508,975
20,179
58,328
3,243
3,327
20,234
65,467
345,778
354,552
457,643
1,288,626 1,150,099 8,529,664 6,898,149
1,603,670 1,472,322 10,657,748 9,027,602
46,568
282,653
45,560
270,895
3,086,791 3,053,445 19,126,299 17,036,602
108,940
102,614
656,055
598,067 2,817,744 2,623,896 16,909,939 13,972,501
995,997
839,888 5,546,811' 4,838,984
1,228,336 1,150,886 4,526,192 2,218,326
116,591
13,031
23,569
82,975
189,231
166,443 1,135,792
1,661
5,461
27,592
259,487
257,160 1,555,546 1,518,261
Cr4,848
995,694
368
211
378
3,599
5,176
279
19
1,314
2,591
13,700
8,113
2,446
806,398
673,234 4,407,420 3,840,844
963,673
11,091
18,089
86,509
88,621
891,135 2,956,946
691,952
734,767
636,036 3,872,979 3,651,729
7,432
954,189
— 1,200
10,256
17,057
844,525 2,949,655
510,322
1,242
1,242
1,242
4,402
167
215
4,383
167
167
4,390
4,383
1,242
----- M onth o f
1923.
S
1,047,414
139,219
1,267,440
196,623
297,399
26,797
670,053
1,130,368
137,072
63,770
98
73,204
67,380
1,649

M ississippi C entral

E A R N IN G S .

9

E A R N IN G S

June-------- — Jan. 1 to
1922.
1923.
S
$
6 356 072 40 061,3^0
1,449,860 8,889,858
8,662,534 53,698,273
1,649,793 7,444,320
1,931,236 14,499,862
923,456
152,147
3,060,329 21 889 146
46,615,862
7,10^,163
1,560,371 7,082,411
347,048 2,231.997
22,543
4,225
1,209,098 4.827,871
952,261 3,258,543
7,342
7,171

Jan. 1 to June 30----1923.
1922.
$
S
361,565
137,408
51,046
22,893
443,121
186,150
70,246
52,804
33,336
18,362
3,019
2,649
84,724
44,647
211,355
135,213
231,766
50,937
39,609
36,694
1
192,156
14,243
199,962
33,023
165
165

N ew b urgh <fe S o u th Shore
June 30----- ----- Month o f June--------- — Jan. 1 to June 30----1922.
1922.
1923.
1923.
1922.
S
S
S
S
%
36 228,836
8,059,267
171,588
178,888 1,061,090
48,551,033
997,496
29,666
16,419
8,335.851
96,503
57,600
59,581
38,955
10,673,420
307,703
205,650
912,326
68,381
69,678
19,421,060
462,989
376,571
164,788
128,582
41,092,324
896,235
661,378
6,800
50,306
7,458,709
164,855
336,118
12,786
12,664
2,239,717
73,703
74,421
17,506
3
— 5,986
37,642
5.201.486
91,152
261,694
— 10,246
31,228
3,456,098
37,722
242,871
7
7
7,330
7
7

New Y ork C en tra l System

N ew Y o r k C e n tr a l R E .
----- M onth o f June--------- —-Jan. 1 to June 30----1923.
1922.
1923.
1922.
24,261,951 17,719,952 143309,176 102620,598
9,543,821 8,606,789 46,308,621 42,298,993
38,145,470 29,921,333 213676.256 164498,339
4,266,447 3,941,510 21,877,392 19,638,232
9,157,952 7,554,075 51,672,600 41,851,562
297,719
339,303 1,890,706 1,964,755
11,577,131 9,841,672 77,382,361 59,445,680
26,542,444 22,814,105 160091,044 129677,634
11,603,026 7,107,228 53,585,212 34,820,705
2,286,842 1,952,674 12,340,857 10,484,863
4,317
1,753
46,546
29,802
9,311,867 5,152,801 41,197,809 24,306,040
8,963,584 5,404,347 39,679,191 25,579,485
6,899
6,899
6,897
6,897
Cincinnati Northern
----- Month o f June--------- — Jan. 1 to June 30----1923.
1922.
1923.
1932.
S
S
S
S
391,455
295 187 2 542 17£
13,410
14,227
80^403
88,145
412,159
317,754 2,665,794 1,750,311
87,047
64,031
417,183
337,981
68,881
61,333
437,142
312,306
4,555
6,509
27,566
30,152
127,049
100,128
900,676
568,928
294,096
239,036 1,825,842 1,297,323
118,063
78,718
839,952
452,988
18,369
14,870
132,575
102,695
354
351
99,694
63,848
707,023
349,942
48,730
43,321
452,136
225,891
244
244
244
244

10

R A IL W A Y

E A R N IN G S

N ew Y o rk C en tral System ( C o n c l .) New Y o rk S u sq u e h a n n a & W e st.
E A R N IN G S .
Freight revenue . —
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .way
M a in t. o f eq u ip m ’t .
T ra ffic expenses _
T ransportation e x p .'
T o t .exp . ,incl .o th .
N et from railroad . .
Taxes . . . _________
U ncollectible rev en u e.
N e t after taxes, &c_
N et after rents
A v e r . miles o f r ’d op er.

E A R N IN G S .
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M ain t .way
M a in t. o f eq u ip m ’t
T ra ffic expenses
Transportation e x p .
T o t.e x p .,in cl.o th .
N et from railroadTaxes . .
U ncollectible revenue.
N e t after taxes, & c.
N et after rents . .
___
A v e r . miles o f r ’d op er.

E A R N IN G S .
Freight revenue — _
Passenger revenue—
T o t ., in c l. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t . '
T ra ffic expenses .
Transportation exp .
T o t .exp. ,incl .oth .
N et from ra ilro a d -.
Taxes _
U ncollectible revenue.
N e t after taxes, &c_
N et after rents A v e r . miles o f r ’d op er.

E A R N IN G S .
Freight revenue -----Passenger revenue—
T o t ., in cl. other r e v .
Expenses— M ain t .way
M a in t. o f equip m ’t
T ra ffic expenses
T ransportation exp_
T o t .ex p . ,incl .o th .
N et from railroad
Taxes
U ncollectible revenue.
N et after taxes, &c_
N et after rents
A v e r . miles o f r ’d o p er.

Clev. C in. Chic, i t S t. L. (Inc. Peo. & East.) ----- M onth o f June----- ----- Jan. 1 to June 30---------- M onth o f June-------------Jan. 1 to June 30----1923.
1922.
1923.
1922.
19231922.
1923
1922
t
i
s
$
5,613,212 5,464,956 35,537,935 30,004,384
290,518
224,705 1,848,757 1,354,459
1,708,165 1,575,377 8,475,747 7,698,050
59,818
61,580
354,661
356,246
7,966,671 7,613,870 47,859,673 40,829.638
409,169
324,241 2,523,411
1,975,049
1,060,211 1,124,721 4,953,244 4,500,398
64,896
57,076
298,265
262,039
1,578,615 1,144,514 L0,920,198 7,636,665
65,614
61,856
436,947
341,869
89,302
136,077
3,589
626,954
658,559
3,315
21,775
21,527
2,726,612 2,523,132 17,543,562 14,928,577
206,308
193,403 1,390,725 1,119,320
5,680,080 5,145,920 35,423,325 29,031,229
352,633
323,868 2,220,917 1,802,026
2,286,591 2,467,950 12,436,348 11,798,409
56,536
373
302,494
173,023
464,830
497,483 2,622,840 2,559,705
28,200
25,492
151,092
168,800
487
1,311
3,811
4,128
021
19,996
280
4,863
1,821,274 1,969,156 9,809,697 9,233,841
24,208
— 25,098
21,651
113,698
1,776,848 1,827,487 9,405,841 8,409,775
13,390
— 41,797
89,530
— 57,227
2,407
2,415
2,408
135
2,415
135
135
135
Ind iana Harbor Belt
N orfolk & W estern
----- M onth o f June----- —— Jan. 1 to June 30 ---- ----- M onth o f June--------- — Jan. 1 to June 30 ---1922.
1923.
1923.
1922.
1923.
1922.
1922.
1923.
$
S
$
$
%
•
8
$
3
6,657,729 8,398,611 38,272,918 40,307,257
908,253
790,814 4,767,519 4,120,620
960,497
822,389 5,806,988 4,638,822 7,881,048 9,473,091 44,938,946 46,011,351
120,740
131,730
587,864
1,088,523 1,061,738 5,883,355 5,623,661
558,609
128,447
92,788
2,066,659 1,940,910 11,926,923 10,452,605
785,068
419,336
3,750
4,660
26,020
81,760
87,425
483,859
23,766
459,655
370,501
276,331 2,610,807 1,857,036 2,613,916 2,344,382 15,842,977 13,375,281
645,454
527,002 4,136,692 2,975,356 6,025,069 5 ,6 i 2 ,954 35,172,086 30,885,297
315,043
295,387 1,670,296' 1,663,466
1,855,979 3,860,137 “ 9,7667860' 15,126,054
33,881
38,990
550,000
166,775
226,699
600,000 2,925,000 2,850,000
732
29
1,357
402
1,945
27,521
515
4,568
280,430
256,368 1,502,164 1,436,365
1,304,034 3,259,622 6,814,339 12,271,486
142,361
1.54,097
761,613
995,181
1,589,249 3,403,803 8,892,633 13,574,542
119
119
119
119
2,237
2,237
2,237
2,237
M ichigan Central
N orfolk S o u th ern
----- M onth o f June-— • —— Jan. 1 to June 30—— ----- M onth o f June---------— Jan. 1 to June 30----1923.
1922.
1923.
1922.
1922.
1923
1923.
1922.
?
$
S
$
$
S
*
$
5,248,440 4,646,650 33,903,482 25,294,403
608,766
583,780 3,728,733 3,300,453
2,124,139 1,851,164 9,785,553 8,428,167
123,819
131,358
654,774
673,927
8,166,682 7,224,128 48,336,062 37,437,749
780,987
752,968 4,642,461 4,200,225
983,099
780,223 4,992,521 3,998,602
104,702
105,231
598,506
611,810
1,499,662 1,113,522 9,158,682 8,037,630
124,743
118,114
710,827
686,158
120,969
76,424
584,490
24,353
22,519
535,346
139,430
132,044
2,485,859 2,209,427 16,369,958 13,169,920
309,079
291,464 1,937,983 1,766,197
5,316,102 4,397,672 32,411,331 26,996,863
594,100
566,823 3,565,512 3,380,876
2,850,580 2,826,456 15,924,731 10,440,886
186,887
186,145 1,076,949
819,349
525,753
542,547 2,907,390 2,118,086
38,314
32,314
229,787
180,125
661
6
5,536
9,704
134
99
665
656
2,324,166 2,283,903 13,011,805 8,313,096
148,439
153,732
846,497
638,568
2,119,456 2,186,713 11,528,728 7,724,486
112,309
131,051
591,441
471,505
1,862
1,862
1,862
1,862
931
930
930
931
Pittsburgh & Lake Erie
N orth w estern P acific
----- Month o f June--------- — Jan. 1 to June 30-— ----- Month o f June---------— Jan. 1 to June 30----1923.
1922
1923.
1922.
1923.
1922.
1923.
1922.
S
$
S
$
$
*
5
S
3,957,065 1,728,722 20,841,634 10,042,117
377,299
369,195 2,016,915 1,869,776
266,795
224,260 1,552,927 1,250,099
276,181
268,296 1,207,766 1,215,793
4,339,900 2,061,173 22,865,939 11,800,206
720,812
719,158 3,576,525 3,557,385
437,304
306,589 2,149,444 1,465,861
127,157
98,488
676,429
683,262
913,459
720,717 5,607,787 5,839,798
96.168
59,498
612,705
427,298
17,865
16,764
116,054
10,850
6,945
43,316
115,505
41,726
1,033,188
695,689 6,482,319 4,039,522
236,269
255,965 1,366,783 1,463,331
2,466,515 1,805,494 14,743,280 11,853,032
459,433
465,635 2,818,471 2,711,684
1,873,385
255,679 8,122,659
— 52,826
253,523
261,379
7':8 354
845,701
289,328
82,125 1,444,770
481,284
49,407
45,168
294,707
279,916
89
282
354
64
363
244
584
1,583,968
173,554 6,677,607 — 534,464
207,992
211,988
463,103
565,201
1,887,890
351,726 8,912,221
202,324
197,530
488,973
156,328
398,745
231
227
231
227
496
496
496
504

New Y o rk C on n ectin g
E A R N IN G S .
Freight revenue
—
Passenger revenue—
T o t ., in cl. other r e v .
Expenses— M aint. way
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation ex p .
T o t .exp .,incl .oth .
N et from railroad-----Taxes
----------------U ncollectible revenue.
N et after taxes, & c.
N et after ren ts-----------A v e r . miles o f r ’d op er.

E A R N IN G S .
Freight revenue-------Passenger revenue---T o t ., in cl. other r e v .
Expenses— M a in t .way
M a in t. o f equipm ’t T ra ffic expenses—
T ransportation exp_
T o t .exp . ,inel .o th .
N et from railroad -----T a x e s ________________
U ncollectible revenue.
N e t after taxes, &c_
N e t after ren ts---------A v e r . m iles o f r ’d op er.

E A R N IN G S .
Freight revenue .
..
Passenger revenue—
T o t ., incl. other rev.
Expenses— M ain t .way
M a in t. o f eq u ip m ’t .
T ra ffic expenses___
Transportation exp.
T o t .exp . ,incl .o th .
N e t from railroad-----Taxes
— - _ ..
U ncollectible revenue.
N e t after taxes, & c.
N e t after ren ts.
A v e r . miles o f r ’d oper

N orth ern P acific

----- M onth o f June--------- — Jan. 1 to June 30----- ----- M onth of
1923.
1922,
1923.
1922.
1923.
$
$
$
235,115
174,524 1.061,871 1,218,525 5,864,273
1,656,475
310,186
209,726 1,788,791 1,391,125 8,302,287
11,231
17,645
43,273
74,399 1,780,803
15,944
7,878
154,967
88,654 1,948,824
203.143
53,823
44,288
286,328
277,093 3,024,297
82,121
71,327
491,331
449,555 7.256,427
138,399 ‘ 1,297.4 lid'
228,065
941,570 1,045,860
49,757
41,778
251,412
236,240
703,204
1,905
96,621 1,046,048
178,308
705,330
340,751
140,189
44,497
439,432
921,008’
691,940
19
19
19
19
6,665

New Y o rk New H aven & H artfo rd
----- M onth o f June---------— Jan. 1 to June 3 0 -—
1922.
1923.
1922.
1923.
3
s
S
$
6,393,627 4,921,915 34,037,675 28,411,466
4,239,837 4,088,591 23,954,577 22,913,558
11,949,570 10,249,837 65,983,463 57,847,727
1,556,343 1,766,691 7,168,876 7,763,103
2,750,556 2,186,526 15,933,157 11,481,835
61,697
59,997
339,711
327,599
4,400,703 4,154,204 27,961,012 23,891,454
9,240,100 8,576,409 54,136,069 46,071,316
2,709,470 1,673,428 11,847,394 5X776,411
437,300
380,209 2,471,743 2,308,158
795
2,056
48,881
11,244
2,271,375 1,291,163 9,326,770 9,457,009
1,620,623
851,795 3,931,029 6,895,556
2,000
2,003
2,000
2,004

June-------- — Jan. 1 to
1922.
1923.
$
S
5,872,074 34,948,307
1,647,617 7,475,365
8,300,557 46,647,127
1,535,565 7,051,439
1,944,913 12,096,616
137,554 1,046,739
2,731,257 19,484,460
6,657,239 41,489,965
1,643,31.8 5,157,162
593,500 4,177,487
525
10,505
1,049.293
969,170
1,581,454 3,921,643
6,631
6,665

P en n sy lv an ia R R . ( C o n c l u d e d )
Long Island
----- M onth o f June----- ----- Jan. 1 to June 30----1923.
1922.
1923.
1922.
859,938
713,380 5,192,253 4,325,362
2,103,995 1,947,357 9,052,038 8,3 7 2,33 2
3,229,094 2,917,091 15,631.133 13,964,429
275,707 1,881,559 1,6 1 3,55 8
367.927
421,405 2,948,148 2,5 0 0,54 0
483,181
98,179
105,625
18,092
28,330
1,221,258 1,113,889 7,225,469 6,3 1 2,06 7
2,179,018 1,912,348 12,642,994 10,977,315
1,050,076 1,004,743 2,985,139 2,987,114
622,086
639,218
221,070
227,158
3,231
24,6 15
49
330
783,624 2,345,690 2,3 4 0,41 3
822.588
730,123 1,317,632 1,936,916
496,640
398
397
398
397
Maryland Delaware & Virginia
(J
----- M onth o f June-— ■ ——Jan. 1 to June a ----1922.
1923
1922.
1923
S
s
$
$
338,203
353,297
74,388
66,233
111,386
109,888
29,510
25,535
483,500
468,290
107,654
95,008
52,046
48,579
8,492
9,656
171,737
186,958
34,653
43,927
6,950
7,889
1,960
1,266
361,047
339,471
68,696
67,094
618,996
584,811
116,667
124,726
— 9,013 — 150,706 — 101,311
— 29,718
5,039
2,950
2,028
1,997
7
252
186
— 11,041 — 155,908 — 106,357
— 31,901
— 13,754 — 163,051 — 113,964
— 33,857
82
82
82
82
M onongaha^
----- M onth o f June--------- — Jan. 1 to June 30----1922.
1923.
1922.
1923.
%
S
$
S
102,397 2,588,549 1,530,402
507,899
174,310
231,326
23,934
35.922
129,932 2,850,203 1,730,964
549,516
234,903
327,739
35,251
62,859
262,995
603,667
32,400
116,601
8,178
6,764
1,968
1,121
451,301
892,137
48,798
152,430
125,989 1,885,216 1,013,808
342,782
717,156
964,987
3,943
206,734
48,000
59,700
8,000
9,950
40
—
40
669,156
905.247
— 4,057
196,744
441,229
461,644
— 27,619
102,042
106
106
106
106
Toledo Peoria & W estern
----- M onth o f June----------— Jan. 1 to June 30----1922.
1923.
1922.
1923.
S
$
$
S
457,883
560,102
94,266
88,932
272,048
256,530
38,769
38,149
791,224
900,273
145,712
143.085
138,867
167,442
26,342
35,017
212,642
291,048
38,695
45,473
17,237
15,586
2,975
3,040
405,309
466,659
69,510
69,688
820,756
985,085
145,248
160,694
— 29,532
— 84,812
464
— 17,609
66,000
66,000
11,000
|
11,000
400
134
— 95,932
— 150,946
— 10,536
— 28,609
— 15,012 — 125,954 — 120,078
, — 29,181
247
247
247
!
247

W est Jersey & Seashore
June 30----- ----- M onth o f June--------- — Jan. 1 to June 30----1922.
1923.
1922.
1922.
i 1923.
$
$
S
5
$
391,881 2,568,742 2 ,2 2 7,25 5
30,614,820
435,088
607,568 3,144,827 3,016,014
7,396,909
698,343
41,922,104 1.230,752 1,090,194 6.232,507 5,725,940
926,962
169,968 1,186,581
6,201,903
240,951
217,586 1,226,390 1,203,685
11,045,150
236,915
89,549
78,911
17,089
828,728
16,427
506,082 2,985.202 2,778,525
16,802,336
532,334
949,677 5,702,721 5,223,128
36,708,898 1,063,942
502,812
529,786
140,517
5,213,206
166,810
218,328
227.315
105,338
4,343,500
109,673
520
388
28
16,454
43
283,964
302,083
35.151
853,252
57,094
186,664
177,761
17,028
2,718,239 i
36,521
359
359
359
6,650
359

Peoria & Pekin U n ion
P en nsylvan ia R ailroad
Incl. Penn. Company Grand Rapids & ----- M onth o f June--------- — Jan. 1 to June 30----1922.
1923.
1922.
Indiana and P. C. C. & St. L.
i 1923.
1
$
S
----- M onth o f June-------- — Jan. 1 to June 3 0 -— ■
S
74,591
127,515
6,477
20.673
45,636,211 34,333,527 249962,265 202954,831
22,818
17.248
1,396
■ 2,384
13,461,271 12,004,053 74,368,532 68,112,864
891,054
877,166
129,845
131,897
64,387,849 50,879,806 356130,371 297047.643
165,606
135,093
41,154
35,394
8,615,127 7,181,028 38,496,366 34,307,892
102,248
89,739
11,379
1,368
16,574,319 12,831,673 94,451,386 76,710,315
2,669
1,085
506
404
603,756 3,754,219 3,459,325
648,293
367,017
381,555
55,356
58,783
23,756,018 18,521,178 142719,739 111472,282
690.783
665,501
117,505
105 737
51,934,851 41,228,557 292935,889 238,476363
200,271
211,665
12,340
26,160
12,452,998 9,651,249 63.194,482 58,571.280
75,000
86,500
15,000
12,500
3,178,888 2,838,552 14,008,603 12,508,822 j
—
31.341
9,471
62,681
16,750
115,771
136,665
— 2,660
13,660
9,257,360 6,803,226 49,123,198 46,031,117
251,718
288,067
20,150
35,247
7,938,580 5,672,482 41.486.060 41,765,131
19
19
19
19
10,478
10,537
10,468
10,537

Baltimore Chesapeake & A tla n tic
New Y o rk O n tario & W estern
----- Month o f June---------— Jan. 1 to June 30----- ----- M onth o f June-------- — Jan. 1 to June 30----1923.
1922.
1922.
1923.
1922.
1923.
1922.
1923.
S
S
$
$
S
S
3
S
749,700
395,548 4,413,122 3,588,683
99,837
472,474
88,323
462,311
293,237
305,266
969,591 1,035,962
161,491
167,337
39,418
40,411
1,248,667
888,365 6,393,439 5,591,268
667,302
133,240
148,510
652,883
208,208
187,023
77,994
826,135
761,086
16,102
75,519
15,226
250,000
162,270 1,500,000 1,082,156
276,687
233,371
47,998
21,519
15,670
15,278
10,547
10,256
90,205
2,887
88,878
1,585
503,359
417,749 3,342,624 2,742,166
78,306
455,104
406,547
87,276
1,009,928
812,160 5,959,473 4,853,832
841,854
123,183
750,526
156,381
238,739
76,205
— 83,224
433,966
737,436
25,327 — 188,971
— 23,141
42,500
38,000
11,313
10,844
255,000
228,000
4,670
4,872
132
36
373
4
567
993
— 94,072
196,203
38,073
178,399
508,443
20,657 — 200,657
— 28,013
— 7,647
172,238
— 50,669
— 91,379
240,019
21,921 — 199,788
— 27,531
569
569
569
87
87
569
87
87




[ V o l . 117.

Perkiom en
----- M onth o f June--------- — Jan. 1 to June 30----1922.
1923.
1922.
1923.
%
*
$
S
519,727
478,129
110,331
95,976
44,342
40,051
7,813
!
8,097
540,654
585,458
122,108
107,240
42,313
43,883
7,846
I
10,167
25(329
24,135
4,432
4,451
649
650
112
111
264,826
256,699
47,450
1
46,781
338,701
330,425
60,781
1
62,398
246,757
210,229
61,327
|
44,842
32,380
37,569
4,872
6,133
691
|
---------214,377
171,969
56,455
38,709
143,966
180,373
50,858
33,115
41
41
41
1
41

A ug ., 1923.]

E A R N IN G S .
Freight revenue - - _
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M ain t w ay
M a in t. o f equipm ’t T ra ffic expenses___
T ransportation exp_
T o t .ex p . ,incl .o th .
N et from railroad-----Taxes
_ _
U ncollectible revenue.
N et after taxes, &c_
N et after rents
A ver, miles o f r’d oper.

R A IL W A Y
----- M o n t h o f
1923.
*
3,025,385
498,075
3,895,209
553,054
716,474
52,317
1,398,758
2,833,074
1,062,135
140,567
315
921,253
802,809
2,221

Pere M arqu ette
J u n e -----

----- J a n . 1 to
1922.
1923.
$
9
2,472,121 17,748,606
484,077 2,450,220
3,304,993 22,264,618
450,200 2,331,929
619,311 4,840,693
50,710
297,174
1,121,172 8,633,277
2,345,541 16,771,201
959,452 5,493,417
152,796
810,961
937
2,876
805,719 4,679,580
709,448 3,451,811
2,212
2,214

R ich m o n d Fredericksb. & P otom ac

Freight r e v e n u e _____
Passenger revenue___
T o t ., in c l. other rev.
Expenses— M ain t .way
M a in t. o f equipm ’t T ra ffic expenses—
Transportation e x p .
T o t .ex p . ,incl .o th .
N et from railroad____
Taxes
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A ver, m iles o f r’d oper.

----- M o n t h o f
1923.
S
7,593,400
893,372
8,959,203
855,603
1,870,886
78,162
3,041,318
6,016,078
2,943,125
261,978
141
2,681,006
2,544,385
1,125

J u n e -------- — J a n .

1922.
S
4,506,342
793,732
5,673,491
767,101
1,774,394
69,331
2,299,160
5,074,392
599,099
211,412
4,730
382,957
123,507
1,127

1 to
1923.
S
47,116,550
5,148,008
55,077,844
4,124,957
11,099,484
483,857
19,571,938
36,283,841
18,794,003
1,576,537
25,183
17,192,283
15,938,308
1,125

___
Freight revenue
Passenger revenue___
T o t ., in c l. other rev.
Expenses— M aint .way
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation e x p .
T o t.e x p .,in cl.o th .
N et from railroad-----Taxes
. . . . .
U ncollectible revenue.
N et after taxes, & c.
N et after rents
. .
A ver, miles o f r’d oper.

E A R N IN G S .
Freight revenue______
Passenger revenue___
T o t ., in cl. other rev
Expenses— M aint .way
M a in t. o f equipm t .
T ra ffic expenses___
T ransportation e x p .
T o t.e x p .,in cl.o th .
N et from railroad-----Taxes
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A ver, miles o f r ’d oper.

E A R N IN G S .
Freight revenue______
Passenger revenue___
T o t ., in cl. other re v .
Expenses— M aint .way
M aint. o f equipm ’t .
T ra ffic expenses___
Transportation ex p .
T o t .exp. ,incl .oth .
N et from railroad____
Taxes
..
. .
U ncollectible revenue.
N et after taxes, & c.
N et after rents _ _
A ver, miles o f r’d oper.

E A R N IN G S .
Freight revenue
Passenger revenue___
T o t ., in cl. other re v .
Expenses— M ain t .way
M a in t. o f equipm t .
T ra ffic expenses___
Transportation e x p .
T o t .ex p .,in cl.oth .
N et from railroad____
Taxes _
U ncollectible revenue.
N et after taxes, «&c.
N et after rents
A ver, miles o f r’d oper.

E A R N IN G S .
Freight revenue . .
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M ain t .way
M a in t. o f equip m ’t .
T raffic expenses___
T ransportation e x p .
T o t .ex p . ,incl .o th .
N et from railroad____
T a x e s ____
_______
Uncollectible revenue.
N et after taxes, & c.
Net after rents________
A ver, miles o f r’d oper.

R u tla n d

San A n to n io & A ran sas Pass

30-— ■ ----- M o n t h o f J u n e -------- — J a n . l to J u n e 30----- ----- M o n t h o f
1922.
1923.
1922.
1923
1922.
1923.
S
S
245,259 2,006,142 1,528,612
325,614
338,672
31,557,059
113,249
676,318
698,080
122,547
67,020
4,746,895
469,047 3,326,339 2,740,961
575,777
38,260,119
445,015
543,722
116,605
106,028
559,193
95,641
4,511,473
94,302
554,206
106,561
613,899
128,755
10,354,382
8,431
50,541
49,683
8,475
366,048
10,302
200,256 1,524,518 1,273,890
233,716
13,914,136
175,641
479,188
425,151 2,832,872 2,509,559
431,067
30,062,134
231,402
96,589
43,896
493,467
13,948
8,197,985
25,652
140,505
125,794
23,648
1,216,669
14,998
102
46
102
936
10,868
105,562
20,248
352,860
70,835
— 1,986
6,970,448
415,124
129,340
67,172
19,707
“ 575827788
3,264
415
413
413
415
1,127
739

June

J u n e -------- — J a n .

1922.
$
309,210
72,867
416,187
97,056
105,311
9,549
186,403
431,393
— 15,206
13,649
568
— 29,423
— 38,484
739

1 to J u n e 30----1922.
1923.
S
$
1,878,661 1,937,008
373,090
373,677
2,451,816 2,483,789
605,252
564,483
752,100
689,682
64,580
56,985
1,089,634 1,207,037
2,646,278 2,675,581
— 194,462 — 191,792
90,180
82,029
3,765
2,562
— 288,407 — 276,383
— 222,657 — 352,391
739
739

St. L o u is-S a n Francisco System
San A n to n io Uvalde & G u lf
S t. laOUi3-San F r a n c is c o
— —M o n t h o f J u n e -------- — J a n . 1 to J u n e 30----1 to J u n e 30--------- M o n t h o f J u n e -------- — J a n . 1 to J u n e d0----1923.
1922.
1922.
1922.
1923.
1923.
1923.
1922.
1922.
1923.
$
S
S
8
$
S
84,580
467,709 4,468,360 5,338,466 29,162,424 27,794,110
42,814
438,591
354,371
663,697
17,049
17,918
32,094
33,689 1,785,550 1,706,758 9,404,232 8,766,117
102,295
99,883
110,167
69,044
711,908
510,067 6,764,804 7,566,589 41,720,727 39,420,419
597,070
514,482
15,094
156,592 1,045,341 1,256,886 4,771,559 5,791,594
13,665
92,756
84,734
128,140
287,929 1,193,842 1,327,861 8.360,997 7,502,577
13.956
13,195
84,247
287,317
73,267
504,597
92,298
92,578
545,627
4,141
2,800
22,729
9,070
17,007
9,797
31,072
40,545
245,292
205,522
265,086
173,116 2,491,288 2,451,792 15,649,232 14,200.124
103.158
66,574
508,792
608,852 4,995,635 5,267,290 30,223,287 28,982,863
728,626
417,483
2,470
7,009
88,278
— 16,718
— 98,785 1,769,169 2,299,299 11,497,440 10,437,556
96,999
369,090 1,987,712 1,996.774
352,194
3,070
2,820
19,872
778
745
17,124
27,281
1,832
5,565
12,427
154
351
2
404
801
56
— 99,532 i 1,415,143 1,924,644 9,497,301 8,413,501
3,785
— 701
68,002
79,074
— 17,552
8,468,956
203,532
— 36,865 i 1,423,408 1,861,468 9,188,567
6,286
— 8,523
12,853
15,364
4,760
4,760
4,751
4,751
102
317
102
317
317
317
F o r t W o r t h & R io G r a n d e
Seaboard A i r L i n e
P ittsb u rg h & W e st V irg in ia
----- M o n t h o f J u n e - ------ — J a n . 1 to J u n e 30----- !— —M o n t h o f J u n e -------- — J a n . 1 to J u n e 30----- ----- M o n t h o f J u n e ----- -—- J a n . 1 to J u n e 30----1922.
1923.
1922
1923
1923.
1922
1922.
1923.
1922.
1922.
1923.
1923
S
8
$
3
8
8
S
$
%
*
S
463,190
364,869 2,870,427 2,619,774 19,014,010 15,681,298
61,623
101,167
268,242
192,852 1,570,920 1,153,191
167,916
28,402
31,737
155,545
766,134
627,017 5,239,003 4,527,066
54,137
55,153
9,119
7,639
595,052 4,076,170 3,600,199 26,915,345 22,426,507
104,424
675,735
137,832
310,230
228,343 1,816,941 1,391,143
55,772
160,982
274,495
31,585
601,982
405,422 3,410,700 2,451,079
35,001
206,548
163,933
48,545
132,099
20,192
21,221
148,135
717,531
592,187 4,689,469 3,833,941
525,701
401,940
43,579
95,774
16,568
2,960
18.390
3,189
125,616
863,400
21,094
112,410
3,927
20,181
735,244
3,478
301,342 1,537,254 1,486,841 10,817,889 9,593,219
48,009
346,244
52,077
50,141
491,086
330,115
79,337
756,850 3,182,129 2,770.470 21,026,408 17,728,824
700.791
134,200
113,295
249,017
154,917 1,391,472 1,063,120
— 29,776
— 25,056 — 161,798
24,537
894,041
829,729 5,888,937 4,697,683
73,426
425,469
328,023
61,213
3,538
22,837
21.229
3,962
175,000
175,000 1,050,000 1,030,000
244,571
155,822
28,656
38,943
1,798
1,164
68
1,055
573
641
5,137
89
2,650
— 33,382
— 49,057 — 184,825
19.520
718,468
172,112
654,088 4,833,800 3,665,033
22,270
44.770
180,898
— 99,845 — 215,450
12,653
— 38,757
378,770
626,457
449,610 3,501,626 2,031,037
698,995
100,091
66,153
235
235
235
235
3,577
3,576
89
85
3,576
3,576
89
85
S t. L o u is S an F r a n c is c o & T exa s
P ittsb u rg h S h aw m u t & N o rth ern
S o u th ern R ailw ay System
S o u t h e r n R a ilw a y
----- M o n t h o f J u n e ---------— J a n . 1 to J u n e 30----- ----- M o n t h o f J u n e - ------- —-J a n . 1 to J u n e 30----1922.
1922.
----- M o n t h o f J u n e -------- — J a n . 1 to J u n e 30----1923.
1923.
1923.
1922.
1922.
1923.
$
1923.
S
$
S
S
1923.
1922.
$
%
1922.
S
653,215 8,533,421 7,868,620 53,089,718 43,333,820
616,632
113,384
119,697
95,116
63,223
703,498
464,630
88,609 3,102,991 2,699,663 15,922,706 14,117,154
80,371
12,577
15,535
4,461
4,905
42,562
40,649
780,826 12,585,968 11,385,785 74,448,970 61,995,456
141,489
733,009
130,980
103,722
72,413
764,967
523,890
186,549 1,806,925 1,563,436 10,203,993 8,821,556
31,907
30,473
165,073
42,170
26,184
171,456
106,723
144,244 2,445,844 1,869.575 13,900,282 11,362,074
131,400
21,055
19,684
33,209
35,498
243,874
255,143
22,238
22,959
4,097
3,735
1,805
2,338
10,819
10,168
236,727
228,173 1,360,885 1,266.410
350,848 4,487.920 4,048,345 28,127,307 24,416,749
326,747
52,294
72,586
233,501
45,999
30,753
327,741
744,127 9.418,056 8.111,808 56,007,362 48.279,092
694,359
113,762
135,315
98,129
793,161
647.809
132,205
36,704 3,167,912 3,273,977 18,441,608 13,716,364
38,650
6,174
17,218
— 25,716
— 28,194 — 123,919
— 28,483
11,186
1,865
12,287
2,072
2,301
2,200
14,367
13,334
583,134
488,442 3,276,843 2,759,969
796
262
646
191
3,226
8,054
12,297
43,636
25,712
24,722 2,581,552 2.777,481 15,152,468 10,912,759
4,057
15,146
— 27,916
— 42,752 — 137,253
— 30,784
16,270
— 99,525 2,254,444 2,420.736 13,432,478 8,877,426
— 98,757
— 1,303
— 13,168
— 31,194
76,458 — 139,605
134
134
210
134
134
210
210
210
6,971
6,971
6,971
6,971
A la b a m a G r e a t S o u t h e r n
S t. L ou is S ou th w e ste rn System
P ort R eading
St L o u is S o u t h w e s te r n
----- M o n t h o f J u n e ---------— J a n . 1 to J u n e 30--------- M o n t h o f J u n e ----- - — J a n . 1 to J u n e 3 0 -—
— —M o n t h o f J u n e ----- - — J a n . 1 to J u n e 3 0 -—
1923.
1923.
1922.
1923.
1922.
1922.
1923.
1922.
1922.
«
1923.
1923.
1922.
$
$
S
%
S
S
S
1,227,064 1,248,388 9,012,581 7,234,037
56,448 1,167,177
145,603
682,531
643,669
634,936 4,125,679 3.624,600
920,547
765,313
162,721
135,724
202,523
189,739
970,455
861,886
203,178
92,507 1,513,211
998,840 1,468,197 1,449,634 10,446,172 8,351,238
896,388
861,027 5,392,914 4,711,467
155,735
182,051 1,169,820 1,230,614
24,928
24,588
103,141
118,814
121,102
104,095
625,592
512,942
208,596 1,978,590 1,302,782
286,859
3,121
21,084
46,248
47,678
189,983
164,835
979,930
901,373
40,846
261,459
258,394
42,422
229
1,374
1,374
229
20,760
18,022
121,533
107,408
378,557 2,738,015 2,193,726
380,069
38,228
552,414
333,280
70,583
292,089
303,491 1,802,653 1,771,012
716,121
924,156
873,177 6,515,379 5,340,433
101,014
85,625
511,584
654 362
621.870 3,708.694 3,475,511
6,882
544,041
576,457 3,930,793 3.010,805
102,164
797,090
487,256
242,026
239,157 1,684,220 1,235,956
83,630
373,277
87,878
524,629
82,362
89,300
13,046
14,753
53,227
53,466
321,601
255,367
1,929
119
135
2,125
39
72
3.150
3,362
492,692 3,404,235 2,635,403
456,044
89,118
— 7,871
714,728
397,956
188.760
185,619 1.359.469
977.227
472,754 3,050,408 2.429.093
443,168
26,694
— 41,010
290,695
67,251
163,928
187,440 1,344,882
9907614
968
968
968
968
21
21
21
21
318
318
318
318
S t. L o u is S o u t h w e s te r n R y . o f T exa s
C in c in n a t i N ew O rle a n s & T exa s P a c ific
Q u in cy O m aha & K a n sas City
----- M o n t h o f J u n e - — ■ - — J a n . 1 to J u n e 30----- — - M o n t h o f J u n e --------- — J a n . 1 to J u n e 30----- ----- M o n t h o f J u n e --------- — J a n . 1 to J u n e 3 0 -—
1922.
1923.
1922.
1922.
1923.
1922.
1923.
1923.
1923.
1922.
1922
1923
S
$
$
$
$
$
$
$
S
$
$
$
57,462
64,443
472,261
337,720
468,327
500,684 2,872,916 2,707,199 1,466,275 1,451,109 9,223,983 7,145,427
24,258
129,641
112,474
91,197
587,078
510,938
21,581
142,094
417,205
296,039 2,114,946 1,589,967
88,906
98,873
637,195
634,760 3,735,734 3,438,201
651,493
530,687
1,971,729 1,821,510 11,863,271 9,119,251
831,307 1,143,223
46,154
34,448
235,041
181,537
125,593
188,733
270,196
173,907 1,376,113
959,435
21,629
15,716
243,112
140,758 1,478,031
133,223
97,767
964,745
450,141
470,527 2,590,475 2,384,577
713
21,055
121,856
119,228
844
4,976
4,776
20,843
36,827
30,487
207,166
166,134
42,881
35,865
348,348
278,934
305,389 2,007,155 1,806,656
250,911
640,425
619,019 3,706,092 3,143,304
113,456
89,128
733,767
548,212
697,449
685,968 4,623,622 4,212,447 1,457,643 1,345,663 8,223.021 6,968,598
— 24,550
9,745
— 60,254
— 51,208 — 887,888 — 774.246
— 82,274
— 17,525
514,086
475,847 3,640,250 2,150,653
24,000
144,000
27,320
161.520
3,925
27,763
23,548
4,105
99,723
79,246
616,724
424,626
977
on-'
827
468:
90
287
S"S
33
20
58
5.735
— 28,655
5,787 — 110,057
— 87,664
— 75,495 -1 ,050,235 — 918,714
— 41,131
414,086
396.394 3,022,658 1,720,292
— 34,350
— 65.973 — 927,607 — 879.085,
833 — 149,586
— 68,657
— 58,143
300,686
294,908 2,615,003 1,586,004
250
252
250
807
807
807
252
807
338
338
338
338
P ittsb u rg h & Sh aw m u t

E A R N IN G S .

S t. Louis T ra n sfer

30------ ----- M o n t h o f J u n e -------------J a n . 1 to J u n e 30----- 1 M o n t h o f J u n e ----- -----J a n . 1 to J u n e 30---------1923.
1922.
1923.
1922.
1922.
1923.
1922.
123.
1922.
s
s
s
$
$
S
S
%
605,631
539,580 3,222,214 2,729,932
14,261,309
335,128
253,553 2,193,867 1,787,891
2,328,230
960,332 6,464,790 5,407,635
18,207,976 1,092,468
62,455
417,484
59,793
370,574
105,936
1 5 2 , 1.2b
610,474
573,433
2,058,058
5,196
10,954
29,096
59,308
125,021
143,797
873,551
748,055
3,738,674
4,122
4,954
22,725
25,740
52,427
8,018
48,031
312,499
160
170
985
1,123
355,115
300,170 8,279,141 1,894,045
7,127,136
35,674
33,188
224,313
197,676
660,118
636,086 4,087,810 3,585,231
13.915,012
46,982
284,974
294,173
50,803
432,350
324,246 2,376,980 1,822,404
4,292,964
12,811
11,652
132,510
76,401
69,687
294,413
53,013
362,369
878,870
2,390
866
881
2,315
114
470
1
334
2,836
177
362,662
270,899 2,014,497 1,527,521
3,411,258
11,945
10,771
130,195
73,834
231,426 1,606,469 1,210,844
307,243
2,626,684
7,197
1,792
93,356
24,967
117
117
117
117
2,220
6
6
6
6

June

P h ilad elp h ia & R ea d in g
E A R N IN G S .

11

E A R N IN G S

----- M o n t h o f J u n e -------- —
1922.
1923.
s
$
93,969
50,394
3,194
3,451
55,345
100,190
23,122
23,398
49,641
65,406
1,429
1,751
22,030
33,673
118,765
114,319
— 14,129
— 63,420
112
125
1
— 63,546
— 14,241
— 54,397
27,293
102
102




Jan.

12

R AI L W A Y E A R N IN G S

[ V ol.

117.

S ta te n Isla n d R a p id T ra n sit
S o u th e rn R ailw ay System ( C o n c l . ) S o u th ern P acific System ( C o n c l . )
H o u s t o n & T exa s C e n tra l
----- M onth o f June- — • ——Jan. 1 to June 30----G e o r g ia S o u t h e r n & F lo rid a
1922.
-— -Month o f June- — ■ ——Jan. 1 to June 30----- ----- M onth o f June----- •
1922.
——Jan. 1 to June 30----1923.
1923.
1922.
1923.
1922.
$
1922
1922.
1923.
IS
L823.
S
*
1923
476,300
498,024
82,859
63,767
322,646
695,685
710,991 4,465,383 4,711,594
Freight revenue
288,489 1,730,001 1,599,685
562,296
562,493
599,543
274,499
294,076 1,514,322 1,734,384
122,990
113,914
Passenger revenue___
108,071
682,006
91,201
202,266 1,196,099 1,151,808
T o t ., in cl. other r e v .!
1,039,363 1,094,774 6,426,020 6,904,226
238,187
460,834
406,801 2,621,498 2,371,004
300,869
256,052
167,161
65,772
382,061
233,739 1,465,771 1,277,109
37,436
65,626
Expenses— M aint .way
81,033
415,268
184,012
244,482
34,550
211,033
419,414
409,163
225,495 1,466,717 1,362,064
26,231
M a in t. o f equipm ’t
79,974
58,663
11,715
53,116
11,480
52,861
25,354
25,039
152,688
142,265
1,893
T raffic expenses
9,328
8,873
1,933
682,622
695,932
T ransportation exp_
387,250 2,473,101 2,556,060
164,298 1,070.579 1,016,798 ' 396,257
123,828
123,338
169,754
1,261,486
968,238
T o t .exp . ,incl .o th .
353,804
909,343 5,823,882 5,575,209
230,582 1,167,844
312,243 2,044,387 1,952,706
212,547
71,125
602,138 1,329,017
25,640
28,255 — 109,678
N et from railroad
94,558
577,111
418,298
185,431
— 28.316
107,030
99,000
118.906
98,906
16,491
90,000
18,582
41,827
279,348
261,364
12,500
18,000
Taxes
19,316
36
3,546
U ncollectible rev en u e, j
772
1,415
272
1,833
4,510
9,353
19
463
1,495
314.876
53,219
143,332
— 62,208 — 212,224
N et after taxes, &c_ j
457,433
313,437 1,065,820
87,678
74,481
13,140
— 46,335
16,776
863,886
187,240
127,585
86,438
— 291
N et after ren ts.
. j
49,604
265,687
— 59,114 — 158,973 — 294,225
50,337
402
402
923
923
923
923
23
A v e r. miles o f r ’d op er. |
402
402
23
23
23
N ew O rlea n s & N o r t h e a s t e r n R R .
H o u s t o n E ast & W e st T exa s
T en n essee C en tral
----- M onth o f June— ■ —— Jan. 1 to June 3 0 -—■ — M onth o f June- — • ——Jan. 1 to June 3 0 -— - ----- M onth o f June---------- —Jan. 1 to June 3 0 -—
—
1923.
1922.
E A R N IN G S .
1923.
1922.
1922.
1922.
1922.
1923.
1923.
1923.
1922.
1923.
S
*
$
*
3
$
$
$
$
$
S
$
166,700
226,160 1,069,426 1,109,336
863,024
Freight revenue ___i
419.797 2,649,551 2,354,232
185,337
160,241 1,213,240
401,309
465,199
48,537
45,005
235,244
235,516
89,718
495,729
257,165
48,342
Passenger revenue___|
95,544
43,370
253,024
227,896
281,942 1,405,099 1,413,013
T o t ., in c l. other r e v .
558,572 3,504,981 3,120.824
247,664
215,942 1,547,459 1,172,185
554,771
419,597
55,385
295,921
479,293
52,444
342,350
Expenses— M aint .way
88,761
72,781
190,871
40,456
234,663
38.313
62,468
660,109
639,213
53,996
344,662
296,085
17,702
M aint. o f equipm ’t
46.638
258,376
196,913
114,338
32,266
.3 ,5 8 8
65,960
3,678
20,889
20,248
64,718
32,771
T ra ffic expenses .
10.814
10,812
6,463
6,869
35,584
84,691
565,339
592,007
105,103
T ransportation e x p .
229,298 1,291,037 1,370,874
91,122
490,709
210,287
594,135
88,889
215,658
221,470 1,322,769 1,246,306
452,522 2,608,693 2,622,348
958,706
T o t .exp .,incl .o th .
194,412
443,727
175,785 1,180,624
12,238
498,476
60,472
82,330
166,707
896,283
N e t from railroad- . .
111,044
106,050
53,252
40,157
366,835
213,479
10,459
232,586
36,000
307,526
4,363
51,836
7,676
23,957
Taxes
50,073
36,371
33,553
4,019
2
338
321
830
16
1,601
1,269
U ncollectible revenue.
102
73
335
5
1,441
265,060
56,093
130,386
587,493
28,893
N e t after taxes, &c_
69,344
189,449
60,969
45,571
36,138
333,180
— 9,356
233,959
38,015
52,153
536,124
— 41,450
79,644
N e t after ren ts___
52,811
71,290
220,870
33,725
15,664
191
191
207
191
191
207
292
A v e r . miles o f r ’d o p e r.
207
207
287
292
287
L o u is ia n a W e ste rn
N o r t h e r n A la b a m a
Term inal R R . A ss’ n of St. Lou is
----- M onth o f Ju n e---------— Jan. 1 to June 30----- ----- M onth o f J u n e--------- —Jan. 1 to June 30----- T e rm in a l R a ilr o a d A s s o c ia tio n o f S t. L o u is
1922.
1923.
1922.
1922.
1923.
1923.
E A R N IN G S .
1923
1922.
— — onth o f June----- - —— Jan. 1 to June 30----M
?
%
$
S
$
$
1922.
S
S
1923.
1922
1923
548,184
237,330
746,230
188,539 1,613,097 1,445,374
109,279
120,195
66,044
103,639
96,711
527,799
517,544
10,024
75,983
_ -Passenger revenue___
12,743
628,932
310,701 2,295,902 2,108,193
363,489
122,001
839,434
T o t . in cl. other r e v .
135,907
419,466
383,404 2,499,518 2,283,855
101,908
60,632
70,158
397,322
20.222
139,540
381,294
Expenses— M aint .way
95,220
21,885
526,840
449,154
88,466
57,546
34,062
73,735
38,054
434,499
401,143
7,924
7,240
M a in t. o f equipm ’t
230,786
219,395
44,177
37,281
8,026
9,803
8,767
58,209
43,498
12,331
1,434
T ra ffic expenses .
2,220
6,644
962
1,040
5,934
240,912
102,603
90,686
672,900
652,437
289,268
T ransportation e xp .
49,151
47,879
739,547
135,409
116,035
838,537
403,273
268,051
247,985 1,671.854 1,606,068
499,757
T o t .exp .,incl .o th .
81,541
82,413
291,502
252,646 1,667,176 1,476,202
225,659
95,438
62,716
624,048
502,125
339,677
40,460
N et from railroad
53,494
127,964
130,758
832,342
807,653
24,290
32,315
0 2 ,6 5 9
133,080
41,000
182,332
4,047
Taxes
7,978
321,792
67,478
59,972
375,656
72
340
2
1,232
19
391
21
U ncollectible revenue.
95
249
675
713
201,297
62,783
65,373
441,325
367,813
36,392
298,658
N e t after taxes, & c.
45,516
60,391
485,148
70,537
456,011
67,501
69,229
70,098
435,461
364,370
165,468
6,106
191,510' 1,168,937 1,183,716
19,102
162,368
N et after rents
110
207
207
110
207
207
110
A v e r . miles o f r ’d op er.
110
37
37
37
37
M orga n s L o u is ia n a & T exas R R .
S t. L o u is M e r ch a n ts B rid g e T e rm in a l
S o u th ern P acific System
----- M onth o f June------ —— Jan. 1 to June 30----- ----- M onth o f June--------- — Jan. 1 to June 30----S o u t h e r n P a c ific
1922.
1923.
1923.
1922.
1922.
E A R N IN G S .
— -M onth of June- — ■ - — Jan. 1 to June 3 0 -—
1923.
1922.
1923.
1922.
1922.
S
$
*
$
1923.
1923.
$
$
S
447,639
409,219 3,111,149 2,637.059
12 176,359 10,701,013 62,339,299 53,662,358
168,234
921,702
896,552
165,330
Passenger revenue—
4,204,087 4,433,888 22,135,900 21,431, >41
663,799
627,443 4,377,288 3,850,216
348,238
278,309 2,473,195 1,781,546
T o t ., in c l. other r e v . 18,178,291 16,740,374 93,803,696 83,205,310
161,936
140,597
992,371 .
844,064
36,754
43.241
266,141
240,149
Expenses— M ain t .way 2,321,451 1,939,803 13,109.011 11,616,942
154,841
131,526
940.200
154,478
857.307
29,089
31,841
169,624
M a in t. o f equip m ’t
2,891,430 2,568,509 16,985,630 15,062,984
16,505
15,249
98,594
98,508
5,452
889
918
5,917
T ra ffic expenses.
220,096 1,637,651 1,367,868
245,508
254,836 1,730.557 1,589,788
273,511
184,809
132,886 1,156,725
Transportation ex p . 5,497,626 5,319,763 30,560,780 29,010,805
850,985
641,400
579,730 3.958.857 3,620,924
262,528
212,942 1,640,487 1,279,436
T o t .ex p .,incl .o th . 11,787,781 10,826,192 66,665,396 61,230,534
22,399
47,713
229,292
418,431
85,710
832,708
502,110
65,367
N et from r a ilr o a d ..
6,390,510 5,914,182 27,138,300 21,974,770
32,190
46,845
46,404
276,405
280,046
115,930
17,630
190,545
Taxes
.
. .
1.307,262 1,358,712 7,625,309 8,091,135
221
34,753
111
1.250
Crl
1,223
24
278
18,551
U ncollectible revenue.
1,611
453
— 24,667
1.198
140.776
— 51.977
385,902
53,521
47,737
642,139
N e t after taxes, & c. 5,081,636 4,555,017 19,494,440 13,848.888
— 42,108
— 14,945
— 9,276 — 144,048
18,477,738 13,472,784
45,480
602,662
511,675
67,347
N e t after rents
4,635,895 4,305,135
7,117
400
400
400
400
7,117
9
9
9
7,118
9
A v e r . miles o f r ’d op er.
7.120
T exas & N ew O rlea n s
A r iz o n a E a s te rn
Texas & P acific
----- M onth o f June- —- - — Jan. 1 to June 30----- ----- Month o f June--------- — Jan. 1 to June 3 0 -— ----- Month o f June--------- — Jan. 1 to June 30----1923.
1922.
1923.
1922.
1922.
1923.
1922.
1922.
E A R N IN G S .
1922.
1923.
1923.
1923.
g
S
S
*
8
%
%
S
*
S
$
s
500,445
474,309 3,094,847 3,161,413
254,921 1,567,865 1,271,460
1,536,769 1,689,712 10,262,796 9,798,865
256,702
Freight revenue . . _
176,852
165,106
946,154
922,970
180,900
173,335
631,675
664,301 3,481,540 3,442,151
32,399
Passenger revenue—
27,653
686,184 4,334,389 4,346,660 2,365,017 2,566,841 14,963,007 14,370,805
719,849
281,019 1,846,706 1,494,068
T o t ., incl. other rev.
301,899
190,755
153,058 1,146,033
173,219
856,209
236,326
33,013
364,516
464,154 2,124,417 2,682,369
Expenses— M aint .way
32,550
178,898 1,042.578 1,083,417
171,409
165,759
283,482
49,615
26,125
582,933
446,156 4,022,231 2,885,252
M a in t. o f equipm ’t
10,524
10,607
77,716
65,734
18,223
51,542
281,217
3,446
18,257
48,168
300,699
T ra ffic expenses
3,683
248,419
321,468 1,583,985 1,659,771
425,267
459,535
874,787
T ransportation e x p .
76,069
75,127
871,493 5,786,697 5,553,714
650,882
693,787 4,021,727 3,853,002
899,232
1,983,370 1,989,928 12,888,322 12,089,684
154,583 1,114,589
T ot .ex p ., in cl.o t h .
182,851
68,967
— 7,603
312.662
594,836
493,658
732,117
N e t from railroad119,048
126,436
381,647
576,913' 2,074,685 2,281,121
28,409
22,183
170,624
142,840
137,133
100.000
loo.ooo
11,362
23,508
145,927
600.000
675,365
338
88
1,657
1,411
85
5
116
2,919
347
14,359
1,526
U ncollectible revenue. !
24
40,220
— 29,874
140,381
355,114
451,911
107,662
102,923
586,074
278,728
476,566 1,460,326 1,604,230
N e t after taxes, & c.
30,287
— 54,233
35,352
173,365
536,035
369,103
235,794
N e t after rents -------84,803
401,847
828,478 1,180,306
121,068
507
507
507
382
507
382
1,952
1,952
1,952
1,952
382
A v e r . miles o f r ’d op er.
382
E A R N IN G S .

E A R N IN G S .
Freight revenue .
Passenger revenue—
T o t ., incl. other rev.
Expenses — M aint.w ay
M a in t. o f equipm ’t .
T ra ffic expenses
Transportation ex p .
T o t .ex p .,incl .o th .
N e t from railroadTaxes
U ncollectible revenue.
N et after taxes, &c_
N e t after ren ts.
A v e r . miles o f r ’d op er.

E A R N IN G S .

A t la n t ic S te a m sh ip Lines
Spokan e In te rn a tio n a l
T o led o S t. L ou is & W estern
M
----- Month o f June---------— Jan. 1 to June 30----- ----- M onth o f June--------- — Jan. 1 to June 30----- — — onth o f June------ - — Jan. 1 to June 30----1923.
1922.
1923.
1922.
1922.
1923.
1922.
1923.
1922.
1922.
1923.
1923.
*
S
$
S
S
S
S
$
$
$
$
1
79,312
65,575
453,476
450,530
961,661
843.574 6,085,921 4,521,342
801,617 6,151,821 5,052,452
1,011,410
15,670
12,465
97,024
65,409
302,797
359,005
37,280
29,198
183,019
41,681
154,325
74,486
86,032
96,547
582,661
541,334 1,047,983
917,607 6,563,956 4,906,257
883,427 6,818,920 5,635,528
1,126,537
17,022
14.866
85,062
85,217
72,249
147,547
88,910
112,857
758,964
603,538
14,452
11,121
7,218
10,548
64,010
46,584
982,877
151,863
144,831
891,898
821,802
190,898 1,011,339
169,187
3,106
3,346
19,358
17,698
113,059
21,117
20,983
127,327
128,711
129,433
26.482
18,971
32,714
32,103
222,415
207,471
299,569
282.324 1,980,968 1,583,344
498,480 4,115,563 3,211,126
679,547
63,815
70,473
431,097
397,998
642,358
587,338 3,884.397 3,294,195
746,534 5,513,795 4,536,198
920,586
32,732
15,559
151,564
143,336
330,269 2,679,559 1,612,062
405,625
136,893 1,305,125 1,099,330
205,951
5,839
5,477
34,729
32,905
70,499
67,328
435,777
48,000
282,000
11,759
68,598
11,397
21
222
68
4,754
31
1.071
662
203
9,699
27,255
116,613
110,363
338,266
282,269 2,243,579 1,328,991
124,472 1,236,527 1,024,077
194,554
1,127
19,301
69,925
295,529
68,793
230,041 1,886,173 1,185,551
125,522 1,236,137 1,026,132
194,554
165
165
165
165
454
454
454
454
Galveston Harrisburg & San A ntonio
Spokan e P ortla n d & S ea ttle
----- M onth o f June --------- — Jan. 1 to June 30 ------ ----- M onth o f June--------- — Jan. 1 to June 3 0 - —
1923.
1922.
1928.
1922.
1922.
1923.
1923.
1922.
$

Freight revenue . _ . .
1,288,891
Passenger revenue___ | 455,129
T o t ., incl. other rev. 1 1,863,224
Expenses — M a in t. w ay
396,191
M a in t. o f eq u ip m ’t
387,842
T ra ffic expenses.
37,237
T ransportation exp.
724,719
T o t .ex p .,in cl.o t h . 1,624,741
N et from railroad —
238,483
Taxes .
. . .
55,832
U ncollectible revenue.
973
N e t after taxes, & c.
181,678
N e t after rents .
166,495
Aver. miles of r ’d oper
1,379




$

S

$

1,294,096 7,811,446 7,653,698
434,234 2,466,454 2,233,735
1,860,437 10,939,915 10,506,166
334,546 2,333,493 1.961,514
361,586 2,324,547 2,128,759
224,382
257,499
37,803
669,858 4,371,462 4,167,763
1,494,608 9,698,174 8,965,821
365,829 1,241,741 1,540,345
355,220
304,042
50,251
1,324
7,059
4,954
314,254
879,462 1,231,349
952 ,21(
288,935
668,418
1,379
1,379
1,379

S

438,721
158,420
653,319
97,593
120,759
11,361
193,617
452,219
201,100
75,000
20
126,080
81,831
554

S

420,339
171,326
646,532
23,587
93,132
12,598
217,368
377,236
269,296
84,100
72
185,124
198,222
551

%

2,675,707
781,147
3,814,523
458,777
672,587
57,722
1,179,925
2,545,505
1,269,018
450,008
492
818,518
709,101
554

S

2,308,665
787,601
3,390,108
312,006
519,822
58,887
1,163,710
2,221,967
1,168,141
504,60C
706
662,835
616,869
551

U lster & D elaware
----- M onth o f June-------- — -Jan. 1 to June 30 -----1923.
1922.
1922.
1923.
S

84,883
42,975
168,216
22,472
24,867
4,022
81,428
141,056
27,160
6,002
21,158
15,914
128

S

67,878
46,526
154,500
27,527
22,990
3.904
74,357
137,253
17,247
6,002
1
11,244
6,472
128

S

426,586
145,069
792,132
106,983
139,156
14,485
390,190
699,337
92,795
36,011
16
56,768
29,053
128

%

360,979
157,882
717,040
115,826
128,477
14,787
364,150
673,535
43,505
36,047
1
7,457
— 15,573
128

A ug., 1923.]
U n io n P acific System
E A R N IN G S .
Freight revenuePassenger revenue___
T o t ., in c l. other r e v .
Expenses— M aint .way
M aint. o f equipm ’t T raffic expenses___
Transportation exp
T o t .ex p ., in cl.o t h .
N et from railroad____
Taxes
U ncollectible revenue.
N et after taxes, &c_
N et after rents
A ver, miles o f r’d oper.

E A R N IN G S .
Freight r e v e n u e _____
Passenger revenue___
T o t ., in c l. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t .
T ra ffic expenses___
Transportation exp .
T o t .ex p .,incl .o th .
N e t from railroad____
___
Taxes
_
U ncollectible revenue.
N e t after taxes, &c_
N et after rents
A ver, miles o f r’d oper.

E A R N IN G S .
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .way
M aint. o f equipm ’t T ra ffic expenses___
T ransportation exp .
T o t .exp . ,incl .oth .
N et from railroad____
U ncollectible revenue.
N et after taxes, & c.
N et after rents
A ver, miles o f r’d oper.

E A R N IN G S .
Freight revenue . _
Passenger revenue___
T o t ., in cl. other r e v .
Expenses— M aint .way
M a in t. o f equipm ’t .
T ra ffic expenses___
T ransportation ex p .
T o t .ex p .,incl .o th .
N et from railroad____
Taxes
U ncollectible revenue.
N et after taxes, &c_
N et after rents
A ver, miles o f r’d oper.

----- M o n t h o f
1923.
6,181,292
1,780,482
8,877,619
1,568,249
1,961,599
193,312
2,511,677
6,727,430
2,150,189
562,956
413
1,586,820
1,441,301
3,708

U n io n P a c ific
—■ ----- J a n . 1 to
1922.
1923.
5,713,399 37,899,957
1,776,495 8,335,779
8,401,925 50,958,437
1,167,960 6,304,148
1,829,234 11,613,703
171,684
883,666
2,184,872 15,210,316
5,894,884 36,604,504
2,507,041 14,353,933
591,461 3,380,968
273
6,026
1,915,307 10,966,939
1,934,588 11,039,475
3,707
3,708
J u n e-

30----1922.
32,875,155
8,168,505
45,402,183
4,943,214
10,187,973
827,322
13,499,284
32,265,252
13,136,931
3,428,701
2,164
9,706,066
9,552,999
3,679

June

Passenger revenue___
•Tot., in cl. other r e v .
Expenses— M aint .way
M aint. o f equipm ’tT raffic expenses
Transportation e x p .
T o t .exp . ,incl .oth .
N et from railroad
Taxes
U ncollectible revenue.
N e t after taxes, & c.
A ver, miles o f r’d oper.

U tah

W e ste r n M arylan d

----- M o n t h o f J u n e -------------J a n . 1 to J u n e 30----- ----- M o n t h o f J u n e ------------- J a n . 1 to J u n e 30-----1923.
1922.
1923.
1922.
1923.
1922.
1923.
1922.
8
$
8
1,918,589 1,09*8,235 10,67*6,610 7,145,334
138,676
157,653
728,477
745,909
81,322
78,376
442,960
434,197
465
456
3,650
4,607
139,929
159,033
737,505
760,531 2,084,417 1,271,871 11,730,940 8,186,244
157,894 1,319,947 1,052,285
108,142
272,120
32,061
33,206
118,535
562,089
260,044 3,099,283 1,665,721
36,505
34,528
224,665
215,855
200,428
214,239
36,572
41,011
398
2,135
2,161
350
206,082
684,221
445,014 4,165,607 2,911,099
33,890
29,743
171,653
107,590
103,792
582,998
526,800 1,617,057
970,436 9,176,920 6,233,143
32,339
467,360
301,435 2,554,020 1,953,101
55,241
154,507
233,731
270,000
5,944
465,000
5,156
40,374
38,853
90,000
40,000
2
2
1,683,101
377,360
26,395
50,083
114.133
194,876
261,435 2,089,020
397,472
260,390 2,270,683 1,488,077
20,877
34,489
80,929
123,989
804
102
804
102
102
102
804
804

O r e g o n S h o rt L in e
V ick sb u rg Shrevenort & P acific
W e stern P acific
----- M o n t h o f J u n e --------- — J a n . 1 to J u n e 3 0 -— ----- M o n t h o f J u n e --------- — J a n . 1 to J u n e 30----- ----- M o n t h o f J u n e --------- — J a n . 1 to J u n e 30----1922.
1923.
1922.
1922.
1922.
1923.
1923.
1923.
1923.
1922.
1922.
1923.
S
S
*
8
S
$
$
$
5
$
8
$
208,244
230,923 1,370,184 1,218,643
8S8.466
643,956 4,386,787 3,670,565
2,162,402 2,011,856 13,619,100 12,568,091
97,496
98,570
561,868
539,246
273,050
339,793 1,016,330 1,048,436
543,119
545,448 2,520,796 2,567,924
350,811 2,100,366 1,885,273
331,673
1,263,893 1,064,742 5.881,812 5,090,241
2,947,282 2,804,310 17,417,087 16,380,589
895,361
47,778
52,234
219,021
282,237
314,626
936,781
202,613
583,340
615,890 2,879,785 2,507,623
976,018
61,829
60,698
369,462
205,619
340,987
165,099 1,177,036
587,543
575,357 3.641,276 3,394,394
191,990
66,256
10,845
10,767
62,607
36,639
33,206
204.047
53,512
51,727
268,183
276,717
124,573
707,802
410,346
111,895
697,579
347,297 2,142,809 2,047,301
879,118
826,750 5,666,251 5,215.988
248,377
364,307 1,512,649 1,519,272
938,888
812,956 4,764,938 4,455,291
2,280,173 2,267,178 13.430.244 12,452,890
634,950
83,296
86,504
587,717
366,001
325,005
251,786 1,116,874
667,109
537,132 3,986,843 3,927,699
518,425
33,843
22,475
182,173
80,732
86,561
465,576
118,037
278,572 1,511,076 1,649,888
251,763
302
192
448
194
39
595
2,395
735
175
516
2,298
4.892
116,223
49,261
63.581
247,229
165,186
650,703
403,149
244,079
415,171
258.044 2,473,489 2,272.919
41,828
284,711
55,475
343,052
197,014
275,764
179,477 1,004,436
353,742
251,106 2,267,396 2,157,448
188
1,041
171
1,043
1,043
1,043
179
171
2,366
2,366
2,359
2,359
O re g o n W a s h in g t o n R E . & N a v ig a t io n
W e stern R y . of A labam a
----- M o n t h o f J u n e — — J a n . 1 to J u n e 30----—■ —----- M o n t h o f J u n e --------- — J a n . 1 to J u n e 30----1922.
1922.
1922.
1922.
1923.
1923.
1923.
1923.
.1
8
$
8
S
S
$
$
683,472
121,203
1 529,925 1 533 289 9 495,543 8,893,255
140,668
896,689
72,653
66,169
414,850
371,223
574,873
583.560 2,680,023 2,649,831
236,993
2,333,292 2,343,050 13,379,455 12,698,727
213,381 1,441,442 1,194,732
33,907
25,556
188,722
148,785
535,973
671,413 2,702,348 2,783,021
278,855
45,548
42,139
264,377
419,336
447,264 2,587.886 2,503,904
10,876
8,030
50,297
69,022
370,736
357,222
62,658
65,671
______
398,732
69,288
65,446
454,422
935,352
987.900 6,020,026 5,755,334
______
______
______
______
961,955
176,120
158,265 1,057,905
2,096,075 2,329,955 12,499.360 12,315.223
61,873
232,777
383,504
55,116
383,537
237-.217
880,095
13,095
54,224
10,523
77,843
181 029 1,011.578 1,087,421
7,215
178 136
147
6
910
5
3
76
375
236
178,547
58,706 — 168,170 — 132,393 — 704.064
54,655
44,590
305,618
54,396
180,334
46,706
298,746
— 44,774 — 245,210 — 563,380 1,162,794
133
133
2,224
133
133
2,238
2,237
2,237
S t. J o s e p h & G r a n d I s la n d
----- M o n t h o f J u n e - — ■ — J a n . 1 to J u n e 30----- ----- M o n t h o f
—
1923.
1923.
1922.
1922
1923.
8
8
$
S
$
1,603,212
189,251
190,069 1,321,416 1,262,341
77,609
152,526
27,792
25,594
149,565
1,791,452
235,888
234,919 1,570,857 1,505,620
258,330
173,527
68,388
66,623
267,156
402,532
294,100
59,749
54,303
311,047
11,875
15,143
2,641
2,322
15.135
468,058
703,749
665,195
100,137
108,429
1,097,898
242,499
243.447 1,371.551 1,304,938
693,554
200,682
— 8,528
199,306
— 6,611
99,360
78.941
108.257
19.523
13,167
321
188
95
594,194
— 28.146
120.044
92,237
— 19,778
626,527
— 35,308
— 39.708
39.908
39,115
258
258
540
258
258

U n io n RE. (of P en nsylvan ia)
E A R N IN G S .

13

RAILW AY EARNINGS

----- M o n t h o f J u n e — — J a n . 1 to J u n e 30----- ----- M o n t h o f
—■ —
1922.
1923.
1923.
1922.
1923.
S
S
S
$
$
4,133,718
924,083
1,237,322 1,192,118 5,983,517 5,071,267 5,558,770
418,139
895,212
68,166
114,428
371,943
1,135,426
189,590 1,239,983 1,093,062
262,480
1,046
182
464
1,495
124,137
489,414
408,423 2,872,950 2,090.906 2,005,974
828,704
720,195 4.531,837 3,645.725 4,358,558
1,200,212
408,618
471,923 1,451,680' 1,425,542
188,775
13,830
270,125
80,490
81,000
48
1,011,389
458,093 1,181,555 1,345.052
327,618
814,461
428,099
503,097 1,732,071 1,619,158
2,472
45
45
45
45




V irgin ian

W h e e lin g & Lake Erie

J u n e ----- -

— J a n . 1 to J u n e 3 0 -— ----- M o n t h o f J u n e —------- — J a n . 1 to J u n e 30----—
1923.
1922.
1922.
1923.
1922.
1923.
%
*
S
8
%
S
S
1,877,724 10,001,877 9,451,181
1,704,197 1,151,385 7,642,871 5,933,876
68,815
62,389
71,727
354,023
433,832
417,598
377,140
1,910,179 1,346,652 8,667,135 6,822,930
2,069,254 11,072,336 10,485,198
232,287
207,745 1,030,776 1,112,829
210,387
925,514
997,953
542,098
423,428 2,377,729 2,503,565
264,123 2,659,748 1,397,562
16,623
10,756
15,271
70,152
69,441
92,294
103,665
397,614 2,931,704 2,203,008
554,955
411,208 2,908,505 2,373,877
1,072,504 6,628,327 6,074.409
1,391,650
937,308 6,813,994 5,098,936
996,750 4,444,009 4,410,789
518,529
409,344 1,853,141 1,723,994
123,281
127,697
137,963
644,482
613,540
651,766
686,778
3
78
34
58
140
324
873,466 3,830,411 3.758,883
390,832
271,303 1,208,625 1,036,892
884,215 4,063,238 0 3 ,8 3 3 .2 2 2
339,550
267,284
932,141
994,375
526
511
511
540
526
511
511
1922.

W a b a sh

W ic h ita Falls

&

N orth w e ste rn

J u n e - ------- — J e n .

1922.
%

3,925,185
917,661
5,362,371
748,049
1,016,121
116,671
2,048,146
4,111,876
1,250,495
188,556
5,374
1,056,565
800,946
2,472

1 to J u n e 3 0 -— •
1922.
1923.
S
$
24,917,223 22,214,756
4,404,185 4,427,892
31,784,135 28,630,584
4,195,259 3,937,895
6,774,811 5,801,615
713,068
696,359
12,260,396 11,970,260
24,993,946 23,469,108
6,790,189’ 5,161,476
1,132,650 1,131,337
14,588
13,593
5,642,951 4,016,546
4,144,758 2 430 437
2,472
2,472

Missouri Kansas & Texas

14

[V ol. 117.

RAILW AY EARNINGS

COMPANY RETURNS
All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commis­
sion at Washington. A few railroad companies also issue monthly statements of their own, and sometimes these company state­
ments 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 Com­
merce 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 to­
gether 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,
do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figures
a m o n g the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission.
and

P en n sy lv a n ia System

T h e K a n sa s C ity S o u th e r n

----- M o n t h o f J u n e -------- — - J a n . 1 to J u n e 30----1922.
1923.
1922.
1923.
S
R even u es—
%
$
$
259024,862 210470,495
F reight_____________________
47,202,070 35,700,993
87,485,332 80,361,258
Passenger______ ______________
16,449,813 14,726,640
-----------866,414 5,377,200 5,225,605
M a"
il____ ______
883,893
Express______________
1,445,264 1,193,878 10,120,274 6,516,158
A ll other transportation___________ 1,350,199 1,291,961 7,423,099 6,980,407
Incidental_________________________ 1,980,874 1,576,991 10,844,444 9,172,075
404,450
36,050
216,497
Joint fa cility— C red it_____________
60,436
134,419
251,370
25,169
32,652 ___________ ___________
_________
Joint facility— D e b it______________
R ailw ay operating revenues_____69,339,897 55,367,758 380428,291 319078,076
E xp en ses—
M aintenance o f w ay and structures 9,319,325
7,691,211 42,072,813 37,220,172
M aintenance o f equipm ent________ 17,428,754 13,552,163 99,361,955 80,990,997
T r a ffic ______________________
685,966
654,417 3,959,575 3,666,628
T ransportation____________________ 25,780,038 20,374,497 154425,919 121809,470
M iscellaneous operations__________
892,465
795,331 5,093,764 4,646,945
General____________________________ 1,600,176 1,426,006 9,244,837 8,664,343
T ransp’n for investment— C r e d it ..______9,942
1,062
28,102
11,889
R ailw ay operating expenses_____55,696,782 44,492,563 314130,761 256986,666
N e tr e v . from railway operations13,643,115 10,875,195 66,297,530 62,091,410
R ailw ay tax accruals______________ 3,564,292 3,023,916 15,075,941 12,859,235
U ncollectible railw ay revenues____
17,309
9,548
66,926
57,102
10,061,514 7,841,737 51,154,663 49,175,073
E quipm ent rents— D ebit balance. . 1,278,551
1,125,031 7,841,464 4,505,157
227,714
3 390,451
79,057
944,493
. 8,392,512 6,637,649 42,368,706 44,442,202

(I n c lu d in g T e x a r k a n a & F o r t S m ith )
----- M o n t h o f J u n e ----- ----- J a n . 1 to J u n e 30----1922.
1922.
1923.
1923.
$
S
Gross revenue_____________________ 1,347,939 1,70*1,563 11,048,471 9,710,377
Operating expenses________________ 1,374,089 1,254,622 8,079,586 7,261,968
446,941 2,968,885 2,448,408
N et revenues____________________
473,850
644,768
593,375
105,809
99,418
T a x e s _____________________________
2,859
1,927
605
Uncollectible railway revenue_____ ________164
340,525 2,373,581 1,800,780
Operating incom e_______________
374,267

fo n te C en tra l

Gross receipts____
O peration_________
N e t ____________
Interest and taxes.
Surplus_________

----- M o n t h o f J u n e ---------— J a n . 1 to
1922.
1923.
1923.
S
$
$
67,110
9,102
9,446
8,950
63,641
6,169
2,932
495
3,468
120
120
720
2,812
375
2,748

1922.
46,895
39,174
7,721
720
7,001

C a n a d ia n P acific
----- M o n t h o f J u n e -------------J a n . 1 to J u n e 30----1923.
1922.
1923.
192 2.

^

s

s

s

Gross ea rn in gs...................................... 14,943,918 13,810,447 80,845,493 76,295,358
W orking expenses.....................
12,521,917 11,448,134 71,279,132 66,481,287
N et p rofits______________________ 2,422,000 ' 2,362,313
9,566,360 9,814,071

F o n d a J o h n sto w n & Gloversville
—M o n t h o f J u n e --------O p e r a tin g I n c o m e —
Freight revenue____________________
Passenger revenue— steam division
Passenger re v .— electric d iv is io n ..
AU other rev. from transportation .
R e v . from other railway operations
T o ta l operating revenues_______ .
R ailw ay o p e r. exp. (not incl. taxes))
N e t rev. from railway operation; 5
R ailw ay tax accruals_____________
R ailw ay operating in com e______
M iscel. op er. incom e (or loss)_____
T o ta l operating incom e________
N on-operatin g incom e____________
Gross incom e___________________
D edu ct— Rents for leased roads___
Other rents accrued— debits____
Interest on fun ded d e b t___
Interest on unfunded d e b t . ____
M isc. Income ch a r g e s ____
T otal deductions from gross in c .
N et in com e_______________

1923.

$

50,966
3,227
55,539
4,701
1,516
115,952
76,473
39,478
7,840
31,638
1,689
33,327
3,349
36,677
675
6,150
24,229
1,610
2,862
35,527
1,149

1922.
S
35,682
2,057
58,584
4,184
870
101,380
64,507
36.873
5,775
31,098
396
31,494
2,700
34,195
675
3,721
26,549
2,716
33,661
533

1 to J u n e 30----1922.
1923.
$
s
308,419
231,558
24,444
14,957
416,077
410,608
25,962
21,645
6.837
5,238
781,741
684,008
474,780
401,789
306,960
282,218
47,040
34,650
259,920
247,568
— 3,469
— 5,771
256,451
241,797
20,651
20,105
277,102
261,903
4,050
4,050
42,249
24,597
145,375
159,295
10,096
3,284
2,862
2,716
204,633
193,942
72,469
67,960

-J a n .

il & Sault Ste Marie Ry. Co.
----- M o n t h o f
1923.
S
Freight revenues------------------. 1,873,587
.
384,165
Passenger revenues---------------All other revenues___________
.
240,204
T otal re v e n u e s ___________
. 2,497,957
M . W . & S. expenses_______
.
371,046
M . o f E . expenses___________
.
457,822
T ra ffic expenses____________
34,085
Transportation expenses____
.
912,480
General expenses____________
81,995
P T otal expenses____________
. 1,857,430
N e t railway revenue_________
.
640,526
Taxes and uncollectible revenues. .
165,742
N et revenue after taxes, & c._
474,784
Hire o f equipment — C r ______
93,820
Rental o f terminals — D r ____
9,567
N et after rents____________
559,038




J u n e -------- — J a n .

1922.
$
1,801,392
367,322
265,745
2,434,460
440,381
516,737
40,082
827,874
74,031
1,899,106
535,354
178,161
357,192
41,419
16,638
381,973

1 to
1923.
$
10,202,906
2,112,356
1,118,001
13,433,264
1,933,432
2,700,602
199,674
6,018,049
406,888
11,258,647
2,174,616
995,222
1,179,394
682,645
65,170
1,796,869

30----1922.
$
7,921,654
1,877,478
1,150,541
10,949,674
2,011,188
2,504,258
203,294
5,111,310
373,637
10,203,689
745,984
1,036,152
— 290,167
312,645
56,871
— 34,393

June

M isso u ri-K a n sa s-T e x a s L in es
----- M o n t h o f J u n e ----- ----- J a n . 1 to J u n e 30---------1922.
1923.
1922.
1923.

$

s

s

s

3,737
3,505
3,737
M iles operated (average)__________
3,272
Operating revenue__________________4,184,132 4,669,392 26,044,51© 25,391,496
Operating expenses________________ 3,177,722 3,261,624 20,850,892 17,826,264
N et operating revenue__________ . 1,006,410 1,407,767 5,193,617 6,565,232
224,444
261,576 1,241,531 1,406,161
Taxes accrued
Operating incom e_______________
781,965 1,146,191 3,952,086 6,159,070
662,171
82,146 0 7 5 0 ,2 8 8
D eductions from inc. less oth. in c.
132,997
.
914,963 1,064,045 4,702,375 5,496,898
Available for interest_____
554,293 2,367,575 3,332,077
Fixed interest charges____________
394,168
Available for int. on adjust, b o n d s..
520,794
509,751 2,334,799 2,164,820
1,388,002
Interest on adjustm ent bon d s_____ .
231,333
946,797 2,164,820
N et incom e_____________________
289,460
509,751
Interest for 1923 is on securities o f reorganized C om pany, The 1922 figures
represent interest on Old C om p a n y securities.
Year 1922 and period January to M arch 1923 includes revenue o f lines relin­
quished in reorganization.

S t. L o u is-S a n F ran cisco
(I n c lu d in g S u b s id ia r y L in e s )
----- M o n t h o f J u n e --------- — J a n . 1 to
1923.
1923.
1922M i le a g e __________________
5,155
5,165
5,155
$
S
S
Freight revenue____________________ 4,685,703 5,523,291 30,265,811
Passenger revenue________________ 1,829,835 1,757,488 9,660,166
M iscellaneous revenues_____
537,292
555,747 3,322,413
T otal operating revenues_______ 7,052,830 7,836,326 43,248,390
M aintenance o f w ay andstructures. 1,113,994 1,352,337 5,134,105
M aintenance o f equipm ent________ 1,235,878 1,373,304 8,657,508
Transportation e x p e n s e ._________ 2,606,858 2,580,643 16,396,000
M iscellaneous expenses_____ _____
285,855
252,173 1,564,582
T otal operating expenses________ 5,242,585 5,558,655 31,752,195
Taxes, hire o f equip ., join t fa cility
rents (less other in co m e )________
303,660
432,685 2.351,964
Balance available for rentals, sink.
funds, fixed charges, & c________ 1,506,585 1,844,986 9,144,231

30----1922.
5,165
s
>
28,829,928
9,047,116
3,049,169
40,926,213
6,310,090
7,797,766
14,920,651
1,606,864
30,635,371

June

2,026,358
8,264,484

S t. L o u is S o u th w e ste rn
(I n c lu d in g S t. L o u is S o u t h w e s te r n o f T exa s)
----- M o n t h o f J u n e --------- — J a n . 1 to J u n e 30----1923.
1922.
1933.
1922.
R ailw ay operating revenues______ 2,105,391 2,084,394 14,181,905 11,789,438
R ailw ay operating expenses______ 8 1,621,604 1,559,145 11,139,000 9,552,880
N et rev. from railway op era tion .
483,787
525,249 3,042,905 2,236,558
R ailw ay tax accruals and un col­
lectible railway revenues________
115,407
108,051
688,905
519,868
R ailw ay operating incom e______
368,380
417,197 2,354,000 1,716,689
219,303
243,562
Other railway operating in com e___
84,845
58,810
T otal railway operating in co m e .
453,225
476,007 2,573,303 1,960,252
450,501
410,243
D eductions from ry . oper. in co m e .___ 68,198
69,226
N et railway operating in c o m e ..
385,027
406,781 2,122,801 1,550,008
N on-operating incom e____________
3 6 ,826
35,758
233,235
215,854
Gross incom e___________________
421,853
442,539 2,356,037 1,765,863
D eductions from gross in com e____
228,005
220,203 1,299,237 1,297,762
N et incom e_____________________
193,847
222,336 1,056,799
468,101

W isc o n sin C en tra l R a ilw ay Co.
----- M o n t h o f J u n e 1923.
1922.
$
$
Freight revenues__________________ 1,343,582 1,316,803
Passenger revenues________________
322,615
296,721
All other revenues_________________
150,972
156,345
T otal re v e n u e s___________________ 1,817,169 1,769,870
M . W . & S. expenses--------------------194,135
231,858
M . o f E . expenses_________________
258,533
202,754
T ra ffic expenses__________________
24,242
25,384
Transportation expenses__________
691,190
644,447
General expenses__________________
61,259
49,892
T otal expenses__________________ 1,229,360 1,154,338
N et railway revenue_______________
587,809
615,532
Taxes and uncollectible re v e n u e s..____ 98,920
81,589
N et revenue after taxes, & c_____
488,889
533,942
Hire o f equipment— Cr___________
49,474
28,235
Rental o f terminals— D r __________
44,262
43,155
N e t, after rents_________________
395,151
462,550

— J a n . 1 to J u n e 30----1922.
1923.

$

8,024,524
1,464,192
730.510
10,219,226
1,076,957
1,680,704
146,103
4,639,698
324,186
' 7,867,651
2,351,575
574,023
' 1,777,552
339,670
285,096
1,152,785

%

6,217,742
1,354,841
732,669
8,305,254
1,068,342
1,414,387
151,257
3,916,290
282,632
6,832,912
1,472,341
490,222
982,119
150,259
287,144
544,715

A ug . 1923.]
,

Union Pacific

S o u th e rn P acific
----- M o n t h o f J u n e -------- — J a n . 1 to
1923.
1922.
1923.
Average miles o f road o p e r a t e d -..
11,226
11,224
11,223
•
R ev e n u es —
$
$
Freight----------------------16,854,220 15,146,980 91,702,972
Passenger.....................
5,545,186 5,726,212 29,393,924
M all i— --------313,689
262,363 1,888,997
E x p r e s s -----------------------732,935
659,266 3,735,264
A ll other transportation____
538,951
525,821 3.062.094
621,525
567,391 3.190.095
In cid e n ta l----------------------------Joint facility— C r e d it.............
7,172
12,056
74,731
Joint facility— D e b it________
2,055
2,992
24,918
22,897,097 133023,159
Railway operating revenues_2 4,611,625
E xp en ses—
3,515,698 2,998,062 20,242,223
M aintenance o f w av and StructureM aintenance o f equipm ent__ 4,227,605
3,809,764 24,935,797
T r a ffic ----------------------------------379,872
344,669 2.457.235
Transportation — _____
8.116,749 7,760,302 46,744,528
M iscellaneou s....... ................
361,168
407,413 2,004,356
General-------------813,276
681,475 4,283,471
Transp'n for investm ent— C r..........
71,071
39,199
377,651
R ailw ay operating expenses_1 7,343,300
15,962,486 100289,961
In com e—
N et rev. from railway o p e ra tio n s .. 7,268,325 6,934,609 32,733,198
Railway tax accruals________ 1,541,152
1,564,146 9,241,454
Uncollectible railw ay revenues____
5,267
2,952
40,085
Equipm ent rents (n e t)_______
512,923
423,211 2.037.236
Joint facility rent (n et)___________ ___ 13,979
+ 5 0 ,40 0 + 139,065
N et railway operating i n c o m e .. 5,195,001 4,994,699 21,553,487




15

RAILW AY EARNINGS
30----1922
11,226
$
81,108,441
28,533,901
1,711,642
3,099,928
2,775,218
2,775,031
141,868
18,812
120127,217
17,784,543

June

22,428,688
2,110,217
44,054,458
1,912,415
4,048,500
170,231
92,168,590
27,958,626
9,523,750
50,621
1,517,222
+ 175,491
17,042,524

----- M o n th T o f J u n e --------- — J a n . 1 to
1923.
1923.
‘
1922.
9,465
A verage miles o f road op era ted ___
9,479
9,421
O p e r a tin g R ev e n u es —
$
$
$
Freight re v e n u e _____________ 11,262,469
10,348,166 68,582,233
Passenger re v e n u e __________ 3,566,189
3,503,492 16,539,582
M a il revenue________________
346,192
358,100 2,248,951
Express revenue_____________
455,374
454,363 2,132,609
A ll other transportation____
451,994
447,309 2,183,134
I n c id e n ta l___________________
307,731
282,832 1,580,519
R ailw ay operating revenues_1 6,389,949
15,394,264 93,267,028
O p e r a tin g E x p e n s e s —
M aintenance o fw a y and structures. 3,014,052 2,827,760 13,748,668
M aintenance o f equipm en t__ 3,454,872
3,193,653 20,556,212
T r a f f i c ___________________
374,608
342,891 1,823,093
T ra n sp ortation ______________ 4,922,086
4,511,250 30,604,111
372,200
394,559 1,758,641
M iscellaneous operations____
General______________________
558,564
601,047 3,246,822
68,418
4,161
Transport’n for investm ent— O r .._____ 18,480
R ailw ay operating expenses_12,677,902
11,866,999 71,669,129
In com e—
N et rev. from railway o p e ra tio n s.. 3,712,047 3,527,265 21,597,899
R ailw ay tax accruals________ 1,105,870
1,161,905 6,581,381
U ncollectible railway revenues____
963
1,110
11,056
R ailw ay operating in com e__ 2,605,214
2,364,250 15,005,462
E q u ip m e n tre n ts .n e t________ — 300,307
— 50,527 — 281,727
J o in t fa c ilit y r e n t .n e t _______ — 75,582
— 48,051 — 519,222
N e t ______ _______
2,229,325 2,265,672 14,204,513
Oper. ratio (revenues over e x p .)__
7 7.3 5%
7 7.00%
7 6.84%

30----1922.
9,385

June

%

60.388,451
15,895,294
2,083,666
2,019,401
2,086,237
1,458,455
83,931,504
•i

12,282,481
18,185,709
1,739,541
27,616,829
1,744,375
3,596,699
43,050
65,122,594
18,808,910
6,827,218
7.479
11,974,213
— 631,202
— 344,861
10,998,150
7 8.00%




B l a i r & Co.
INCORPORATED

24 BROAD STREET

NEW YORK

INVESTMENT SECURITIES
Boston
Buffalo
Chicago
Cleveland
LosfAngeles
- Milwaukee!
Minneapolis
Philadelphia
Pittsburg
Rochester
San Francisco
St. Louis
Scranton
Syracuse