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TWO S E C T I O N S— S E C T I O N TWO 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 1926 according to Act of Congren, by WILLIAM Bi DANA COMPANY, in office of Librarian of Congren, Washington, D, C. VOL. 123. NO. 3190. NEW YO RK, AUGUST 14, 1926. 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 authoritative. The present publication is in continuation of this work. Earnings Our Specialty. These Inter-State Commerce returns also make 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 deductions of such taxes and also the deduction of the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction of certain rents, namely equipment rents and joint facility rent. We conclude by giving the miles operated on which the earnings are based. 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. Com an Returns ma^e this publication absolutely complete, we add statements Also Given S a^ enc^ s^ow a^ the figures issued by the companies them so 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 impos sible to obtain copies in any other way, as none will be printed for general sale. Only for Subscribers WILLIAM B. DANA COMPANY, NEW 90 P in e S t r e e t PUBLISHERS YORK 136-138-140 F ront Street A ug., 1926.] 3 KAILW 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 East. Now incl. in South. Pac._12 Atchison Topeka & Santa Fe_____4 and 14 Atlanta & West Point_________________ 4 Atlanta Birmingham & Atlantic________ 4 Atlantic & St. Law. See Can. Nat. Sys_ 5 Atlantic City_________________________ 4 Atlantic Coast Line_____________________4 Atlantic Steamship Lines. See So. Pac_12 Baltimore & Ohio_______________________ 4 Baltimore & Ohio Chicago Terminal— 4 Baltimore Ches. & Atlantic. See P enn.10 Bangor & Aroostook___________________ 4 Beau.Sour L.& W. See N.Orl.Tex.&Mex. 9 Beliefonte 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 National Railways___________14 Canadian Pacific______________________ 14 Canadian Pacific Lines in Maine______ 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 lt o n .____________________ 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 Junot. Incl. in Chic. Riv. & Ind. 6 Chicago Milwaukee & St. Paul_________ 6 Chicago Peoria & St. Louis R R ________ 6 Chicago River & Indiana_______________ 6 Chicago Rock Island & Gulf____________ 6 Chicago Rock Island & Pacific_________ 6 Chicago St. Paul Minn. <t Omaha___ 6 Chic.Ter.Hau.&Sou. Incl.in C M&St.P. 6 Cincinnati Indianapolis & Western___ 6 Cine. Leb. & Nor. Now incl. in P enn ..10 Cine. New Orl. & Texas Pac. See South. 12 Cincinnati Northern. See N. Y . Central. 10 Cleveland Cincinnati Chicago & St. Louis. See N. Y. Central___________ 10 Clinchfield______________________________6 Coal & Coke. Incl. in Baltimore & Ohio 4 Colorado & Southern__________________ 6 Columbus & Greenville_________________ 6 Cumberland Val. & Martinsburg. Now included in Pennsylvania____________ 10 Delaware & Hudson__________________ 6 Delaware Lackawanna & Western_____ 6 Denver & Rio Grande Western_________ 6 Denver & Salt Lake_____________________6 Detroit & Mackinac__________________ 6 Detroit & Toledo Shore Line__________ 6 Det. Gr. H. & Mil. See Can. Nat. Sys. 5 Detroit Terminal_______________________ 6 Detroit Toledo & I r o n t o n ..__________ 6 Duluth & Iron Range__________________ 7 Duluth Missabe & Northern____________7 Duluth South Shore & Atlantic________ 7 Duluth Winnipeg & Pacific_____________ 7 Name— Page. East St. Louis Connecting. Now incl. in Term. R R . Assn, of St. Louis____12 El Paso&Southw. Now incl. in Sou.Pac. 12 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 Fort Worth & Rio Gr. See St. L-S. F _ _ .l l Galv. Harrisb. & San Ant. See Southern Pacific______________________________ 12 Galveston Wharf_____________________ 7 Georgia______ .________________________ 7 Georgia & Florida_______________7 and 14 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_____________________8 _ Gulf Colo. & Santa Fe. See Atchison_ 4 Gulf Mobile & Northern_______________ 7 Hocking Valley_________________________ 8 Houston & Texas Cent. See Sou. Pac_ 12 _ Houston East & West Tex. See So. Pac.12 Illinois Central System_________________ 8 Illinois Central_________________________ 8 Indiana Harbor Belt. See N. Y . Central. 10 International & Great Northern________ 8 Kanawha & Michigan. Now included in New York Central___________________10 Kansas City Mexico & Orient R R _____ 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 River________________ 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 Ry. & Nav. Co. of Texas____8 Louisiana Western. See Southern Pac.12 Louisville & Nashville__________________ 8 Louisville Henderson & St. Louis______ 9 Maine Central__________________________9 Michigan Central. See N. Y. Central.-lO Midland Valley________________________ 9 Minneapolis & St. Louis________________ 9 Minneapolis St. Paul & S. S. M _________ 9 Minneapolis St. P. & S. S. M. Ry. Co__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 Morgan’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___________9 Name— Page. New Orleans Texas & Mexico_________ 9 New York Central______________ 10 New York Chicago & St.Louis__________ 9 New York Connecting________________ 10 New York New Haven & Hart.._ 10 and 14 New York Ontario & W estern..10 and 14 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 P acific..13 Oregon-Wash. R R . & Nav. See Un. Pac.13 Panhandle & Santa Fe. See Atchison— 4 Pennsylvania Railroad and Co__________ 10 Peoria & Pekin Union_________________ 10 Pere Marquette_______________________ 11 Perkiomen_____________________________11 Pittsburgh & L. E. See N. 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 City________ 11 Reading Co. Sue. to Phila. & Read------11 Richmond Fredericksburg & Potomac. _ 11 Rutland_______________________________11 St. Joseph & Grand Isl. See Union Pac..13 St. Louis-San Francisco________ 11 and 14 St. L. Brownsv.& Mex. -See N.O.T.& M. 9 St. Louis Merchants Bridge & Terminal. Incl. in Term. R R . Assoc, of St. Lo._12 S.L.-San Fran.&Tex. -SeeSt.L.-San Franll St. Louis Southwestern_________ 11 and 15 St.Louis S.W .Ry.of Tex.-See St.L.& S .W .ll St. Louis Transfer. Now included in Terminal R R . Assn, of St. Louis------12 San Antonio & Aran. Pass. Incl. in Gal. Harrisburg & San Antonio__________12 San Antonio Uvalde & Gulf---------------- 11 Seaboard Air Line_____________________ 11 Southern Railway_____________________ 11 Southern Pacific________________ 12 and 15 South. Ry. in Miss. See Col. & Greenv. 6 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. So. 8 Texas & New Orleans. See So. Pac-------12 Texas & Pacific_______________________ 12 Tol.& Ohio Cent. Now incl.in N.Y.Cent.10 Toledo Peoria & Western.-See Penn____10 Toledo St. L. & West. Incl. in N. Y. C. & St. Louis__________________________ 9 Trinity & Brazos Val. See Col. & South. % Ulster & Delaware_____________________ 13 Union R R . (of Pennsylvania)__________13 Union Pacific__________________ 13 and 15 Utah_____________________ .13 Vicksburg Shreveport & Pacific_________13 Virginian______________________________ 13 Wabash_____________ 13 West Jersey & Seashore. See Penn_____ 10 Western Maryland____________ 13 and 14 Western Pacific______________________ Western Railway of Alabama__________13 Wheeling & Lake E rie.______ __________ 13 Wich. Falls & Northw. Incl. in M .-K .-T . 9 Wichita Valley. See Colo. & Southern. 6 Wisconsin Central.____________________ 15 Yazoo & Miss. Val. See Illinois C en t... 8 4 [V ol. 123. KAILW AY EARNINGS R EV EN U E R E T U R N S O F Un i t e d S t a t e s R a i l r o a d s FOR JUNE A N D FOR TH E S IX MONTHS E N D IN G W ITH JUNE. In the following we furnish detailed figures of earnings and expenses for June 1926, as compared with June 1925, 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. Akron C an ton & Y o u n g sto w n EARN INGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ T ax es_______________ Uncollectible revenue. Net after taxes. &c. Net after rents______ Aver, miles of r’d oper. Ann Arbor -----Month of June-------- — Jan. 1 to June 30— -----Month of June------- — Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1925. 1926. S * $ S S S S 240,244 261,189 1,498,388 1,419,122 415,203 2,632,700 2,468,642 423,735 342 414 2,319 2,733 22,989 157,503 24,576 146,686 251,212 271,532 1,572,193 1,487,656 462,921 458,639 2,864,966 2,724,357 50,449 34,247 296,700 205,905 63,327 247,287 69,098 263,810 29,026 25,788 151,679 178,700 105,395 89,589 606,689 519,636 11,809 10,225 68,936 64,800 12,227 70,008 61,869 11,210 72,267 66,721 178,452 460,448 403,145 175,619 1,201,987 1,124,219 178,276 146,186 1,093,910 2,046,854 890,515 372,604 363,904 2,224,588 72,936 125,346 478,283 597,141 90,317 677,503 640,378 94,735 19,150 13,333 113,923 112,650 79,051 15,330 20,900 130,890 Cr8 7 297 681 1,120 1 47 71 53,794 112,006 364,952 563,283 516,970 74,986 73,788 509,417 19,682 72,926 169,121 313,184 61,247 471,100 67,973 419,902 171 171 171 171 293 293 293 293 A1abam a & V icksbu rg A tla n ta & W e st Point B altim ore & O hio Includ es Coal & Coke -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. 17,183,105 15,165,737 96,702,181 89,102,236 2,649,322 2,411,996 13,368,187 13,152,009 21,281,640 18,886,498 117629,554 109788,459 2,625,244 2,150,253 14,127,551 12,903,433 4,171,367 4,439,868 27,056,201 26,785,217 399,509 385,069 2,363,035 2,266,544 6,805,408 6,593,931 41,941,620 40,813,441 14,742,226 14,276,478 89,736,845 86,843,684 6,539,414 4,610,020 27,892,709 22,944,775 955,574 843,771 5,376,078 5,059,410 3,292 3,294 20,189 24,578 5,580,548 3,762,955 22,496,442 17,860,787 5,271,153 3,338,604 20,813,58^ 15,718,412 5,294 5,292 5,294 5,292 B & O C h icago T erm in al -----Month of June------- —Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— -----Month of June----- —-Jan. 1 to June 30— 1925. 1926. 1926. 1925. 1926. 1925 1926. 1925 1926. 1925. 1925. 1926. * $ % 8 $ S % * $ * $ $ Freight revenue______ 3,656 201,588 1,052,030 1,241,160 156,654 974,467 891,888 137,470 Passenger revenue_ _ Dr 320 54,269 329,972 415,844 256,197 73,636 411,213 68,155 T ot., incl. other rev. 3,508 278,632 1,406,262 1,700,422 330,802 255,567 242,337 1,574,462 1,505,108 311,654 1,808,879 1,753,513 Expenses— Maint .way 615 41,427 280,022 184,494 33,513 44,322 202,876 219,212 31,146 32,343 221.118 225,988 Maint. o f equipm’t . 5,716 46,923 213,621 288,578 288,421 289,832 267,367 29,300 29,696 190,761 51,680 41,166 _ Traffic expenses_ 481 61,062 9,991 50,992 60,196 1,886 11,531 12,296 67,111 1,914 11,560 10,415 Transportation exp. 2,532 155,152 94,727 487,067 88,231 564,573 566,431 166,281 996,879 87,730 571,905 968,615 Tot.exp.,incl.oth 9,858 201,479 208,155 1,192,977 1,231,946 241,400 257,403 1.478,051 1,533,340 187,684 1,242,378 1,172,581 Net from railroad____ 332,527 89,402 54,088 54,653 — 6,350 70,477 213,285 468,476 330,828 220,173 332,084 54,251 T a x es_______________ Cr4,664 89,157 16,136 26,772 132,392 167,704 91,205 55,850 42,828 294,260 244.551 12,685 Uncollectible revenue. 33 16 157 313 164 258 534 10 45 207 Net after taxes, &c. — 1,686 33,542 37,919 41,804 240,621 242,836 43,689 80,736 300,459 11,423 36,523 — 24,585 Net after rents______ 179,527 4,957 48,686 335,233 536,446 106,624 31,603 35,353 172,922 97,685 124,700 611,493 Aver, miles o f r’d oper. 93 93 93 4 141 93 118 141 80 80 80 80 A tc h iso n T o n & S a n ta Fe System A tlan ta B irm im j h a m & A tla n tic Ba n gor & A roo stoo k A tchison T opeka & Santa Fe — Month of June----- — Jan. 1 to June 30— -----Month of June----- — Jan. 1 to June 30— EARNINGS. -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. $ S $ 1926. 1925. 1926. 1925. * $ $ * S Freight revenue____ 368,290 11,453,087 10,460,384 63,505,892 60,840,557 335,306 307,207 2,299,228 2,143,088 370,922 3,139,488 3,363,632 Passenger revenue.. 241,667 227,569 3,783,201 4,015,011 19,605,509 19,784,395 40,993 42,105 45,437 40,398 418,868 347,198 Tot , incl. other rev. 16,467,457 15,720,552 90,457,702 88,191,009 422,149 441,177 378,738 7,831,608 2,561,264 438,979 3,710,225 3,869,285 Expenses— Maint.way , 2,859,625 2,797,442 14,435,364 13,565,368 498,014 89,557 100,908 80,940 614,354 106,430 602,267 641,942 Maint. o f equipm’t . 3,096,085 3,193,728 18,604,080 20,024,435 85,800 90,529 574,908 91,753 708,882 538,285 103,240 702,505 Traffic expenses_ 1 _ 348,599 344,588 2,144,300 2,041,844 162,687 139,133 5,147 25,951 23,105 4,238 30,479 29,400 Transportation exp. 1 4,917,890 4,911,330 28,965,148 29,570,378 115,002 168,936 134,237 158,100 1,065,728 1,031,806 960,516 1,031,335 Tot .exp. ,incl .oth. 11,526,147 11,641,699 66,152,033 67,445,760 326,929 413,804 370,183 2,565,696 2,344,798 373,314 2,461,658 2,548,229 Net from ra ilro a d _ _ 4,941,310 4,078,853 24,305,669 20,745,249 265,912 216,466 8,345 114,248 65,665 1,248,567 1,321,056 8,555 Taxes __ ___ ____ 1,379,513 1,095,357 7,520,784 6,668,780 12,803 81,363 13,550 76,815 298,793 39,600 38,401 339,689 Uncollectible revenue. 684 2,733 1,225 12,943 14,699 79 2,400 81 7 845 169 2,229 Net after taxes, &c. 3,561,113 2,982,271 16.771,942 14,061,770 — 5,284 — 5,093 181,816 137,251 74,567 27,257 949,605 979,138 Net after rents — 13,927 73,003 — 24,527 3,503,655 2,939,220 16,866,190 13,837,459 — 23,167 108.368 54,216 1,069,788 1,105,699 Aver, miles of r’d oper. 639 9,220 9,186 9,219 9,184 639 639 639 616 616 615 615 G u lf C olorado & Santa Fe B elt Railw ay of C h icago A tla n tic City -----Month of June----- —Jan. 1 to June 30— -----Month of June--------— Jan. 1 to June 30— -----Month of June---------Jan. 1 to June 30— EARNINGS. 1926. 1926. 1925. 1925. 1926. 1925. 1926. 1925. 1925. 1926. 1925. 1926. S $ S % S S S * $ $ S S Freight revenue 1.821,362 1,891,832 10,473,472 11,127,363 145,587 143,356 790,111 773,804 Passenger revenue___ 277,416 350,524 1,018,327 1,108,104 252,915 274,696 1,396,847 1,589,277 T ot., incl. other rev. 2,191,617 2,293,094 12,634,191 13,490,461 445,606 513,163 1,920,662 1,976,039 616,841 548,842 3,598,567 3,319,258 Expenses— Maint .way 87,827 71,047 552,136 98,110 69,821 338,239 418,064 541,069 573,050 2,897,870 3,076,170 304,208 Maint. o f equipm’t . 28,328 32,468 241,479 59,548 51,228 370,596 357,721 482,655 511,282 2,792,334 3,095,029 192,290 Traffic expenses_ _ 3,168 19,547 50,149 302,873 9,835 10,340 33,874 39,925 2,940 18,956 52,243 307,659 Transportation exp. 230,902 267,822 224,847 1,728,381 1,555,547 770,407 202,030 1,133,710 1,124,093 731,763 4,488,346 4,357.115 T o t.exp., incl .oth. 1,784,733 1,934,766 10,853,176 11,228,868 372,374 437,182 358,278 2,511,835 2,299,379 327,455 1,943,274 1,990,548 Net from railroad. 73,232 185,708 — 22,612 179,659 190,564 1,086,732 1,019,879 — 14,509 406,884 358,328 1,781,015 2,261,593 Taxes . . _ _ ............. 48,632 45.112 88,483 519,773 35,097 22,696 180,719 136,176 294,615 255,298 87,658 534,809 Uncollectible revenue. 52 104 1,266 5,193 5,569 163,012 — 203,435 —150,685 131,027 145,452 792,117 Net after taxes, &c. 38,135 764,581 318,349 269,404 1,241,013 1,736,251 130,583 — 376,630 —308,564 171,673 999,277 763,743 Net after rents . 4,968 125,775 188,859 118,934 523,471 944,762 32 32 32 32 Aver, miles of r’d oper. 161 169 161 169 1,908 1,908 1,908 1,908 EARN INGS. EARNINGS. Freight revenue Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses. Transportation exp. T ot.exp., incl .oth. Net from railroad _ Taxes _____ __ . . Uncollectible revenue. Net after taxes, &c. Net after rents _ _ Aver, miles ofr'd oper. Bessemer & Lake Erie A tla n tic C oast Line P anhandle & Santa Fe -----Month of June----- — Jan. 1 to June 30— -----Month of June---- - —Jan. 1 to June 30— -----Month of June----- —Jan. 1 to June 30— 1926. 1925. 1925. 1926. 1925. 1926. 1926. 1926. 1925. 1926. 1925. 1925. S S $ S * S S $ * $ $ * 562,718 4,872,300 3,793,097 5,423,444 4,905,406 36,501,758 33,569,558 2,045,914 1,709,150 6,405,990 6,910,003 897,645 15,666 88,693 103,122 12,415 97,568 770,886 634,073 1,477,692 1,277,546 12,849,127 10,624,234 147,756 711,669 5,998,911 4,720,965 7,461,914 6,706,368 53,499,459 47,789,180 2,086,546 1,746,689 6,633,734 7,151,618 1,105,153 142,302 156,198 559,841 942,054 6,025,120 5,339,850 158,642 148,343 590,635 613.844 939,149 1,106,472 368,344 1,929,183 2,214,233 344,410 250,622 166,760 1,228,163 1,086,471 1,500,677 1,410,399 9,159,091 8,433,245 140,192 13,574 14,716 86,827 9,372 138,617 927,965 92,078 9,810 58,943 847,337 52,190 402,167 1,839,983 1,964,341 397,525 348,662 222,944 1,696,809 1,440,298 2,685,046 2,302,525 18,287,217 15,697,359 971,662 4,650,876 5,025,156 956,711 782,999 569,540 3,702,418 3,630,644 5,663,449 4,976,365 35,886,247 31,556,643 775,027 1,982,858 2,126,462 322,154 142,129 2,296,493 1,090,321 1,798,465 1,730,003 17,613,212 16,232,537 1,129,835 144,932 22,321 500,000 500,000 3,400,000 3,050,000 59,215 354,603 286,547 49,686 326,997 163,141 783 63 7 11 907 152 650 1,937 1,282 720 6,208 9,616 984,896 715,801 1,627,348 1,839,763 271,818 .119,745 1,967,559 925,895 1,297,745 1,229,220 14,207,004 13,172,921 712,612 1,861,967 2,029,198 959,615 64,957 1,618,415 189,355 602,724 1,071.993 1,052,328 11,966,787 11,774,529 4,887 4,926 228 228 228 923 4,930 228 858 923 858 4,880 A ug., 1926.] 5 RAILW AY EARNINGS B in gh a m & G arfield C hesapeake & O hio Lines C an adian N ation a l System -----Month of June----------Jan. 1 to June 30— A tlantic & St Lawrence RR -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. -----Month of June---- - — Jan. 1 to June 30—• 1926. 1925. 1926. 1925. $ % S $ 1926. 1925. 1926. 1925. * * $ $ Freight revenue______ 44,794 54,059 266,811 304,749 180,815 135,364 1,027,029 1,004,153 10,001,748 9,098,247 55,162,071 49,393,247 Passenger revenue_ _ 804,414 854,794 4,419,318 4,704,052 238 35,391 26,958 189,205 176,537 T ot., incl. other rev. 46,191 54,922 311,807 275,681 237,015 183,522 1,314,545 1,284,369 11,319,287 10,406,363 62,236,679 56,709,808 Expenses— Maint .way 5,568 53,189 9,033 42,713 54,298 63,953 286,641 1,673,248 1,491,272 8,954,659 8,196,124 191,170 Maint. o f equipra't. 7,072 10,474 54,590 54,744 33,947 35,233 199,440 207,697 2,644,558 2,607,528 [5,874,275 L5,340,044 642,195 Traffic expenses_ _ 698,572 1,659 1,488 8,809 121,169 113,877 9,111 5,954 6,820 31,703 34,814 Transportation exp. 9,918 82,913 12,520 65,220 692,282 2,843,976 2,865,193 17,366,839 16,742,340 97,919 100,422 665,663 T o t.exp., incl .oth. 44,564,730 42,499,213 29,428 38,202 228,943 202,453 202,310 216,625 1,147,207 1,282.322 7,585,895 7,358,329 Net from railroad___ 16,763 82,864 16,720 73,228 2,047 3,733,392 3,048,034 17,671,949 14,210,595 34,705 — 33,103 167,338 T a x es_______________ 6,939 63,587 557,286 493,909 3,343,716 2,761,700 10,700 55,301 13,650 17,631 81,936 98,804 Uncollectible revenue. 18.000 2,000 3,000 12,000 10 15 59 5 Net after taxes, &c_ 9,824 6,020 17,917 19,277 — 97,762 3,174,106 2,551,125 14,316,233 11.430,895 21,040 — 50,734 85,343 Net after rents______ 25,263 17,367 112,483 92,876 — 34,165 —103,631 — 296,893 — 481,279 3,467,471 2,814,601 15,745,703 12,946,243 Aver, miles of r’d oper. 2,634 2,644 2,642 33 33 33 33 2,650 166 166 166 166 B osto n & Maine j C hicago Detroit & Canada Gr T ru nk Jet C h icago & A lto n -----Month of June------- —Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— -----Month of June---- - - — Jan. 1 to June 30— EARNINGS. 1926. 1926. 1925. 1925. 1926. 1925. 1925. 1926. 1926. 1925. 1926. 1925. $ I $ $ $ $ $ $ * $ $ 8 $ Freight revenue______ 4,386,141 4,286,351 25,164,615 24,732,545 243,988 207,474 1,589,852 1,278,308 1,808,139 1,633,325 10,252,065 9,974,757 Passenger revenue_ _ 1,513,542 1,522,211 9,653,468 9,517,029 601,278 567,627 3,155,392 3,005,969 2,928 19.621 24,752 4,073 T ot., incl. other rev. 6,766,662 6,696,246 39,582,028 39,068,316^ 289,723 251,779 1,887,613 1,547,192 2,640,109 2,424,855 14,729,488 14,339,917 Expenses— M aint.way 434,634 950,867 866,006 4,581,029 5,208,017! 436,781 1,869,265 1,807,268 37,981 42,814 203,375 154,038 Maint. o f equipm’t . 1,240,820 1,382,444 7,460,992 8,109,584 566,770 17,151 11 ,838 489,226 3,587,168 3,312,287 111,543 73,439 Traffic expenses_ _ 73,343 70,646 373,480, 75,090 410,277 380,990 4,303 4,406 24,547 24.668 62,170 418,275 Transportation exp. 2,507,278 2,655,776 16,136,932 16,429,698 879,812 97,862 835,092 5,504,514 5,442,372 75,158 477,290 606.601 Tot .exp. ,incl .oth. 5,047,491 5,239,046 30,184,446 31,688,376 160,677 137,473 750,084 2,010,354 1,879,270 11,707,498 11,295,160 968,729 Net from railroad___ 1,719,171 1.457,200 9,397,582 7,379,940 629,755 129,046 114,306 797,108 545,585 3,021,990 3,044,811 918,884 T ax es_______________ 261,606 1,516,302 1,580,840 107,811 243,091 10,513 66,073 99,015 647,034 593,221 8,025 61,335 Uncollectible revenue. 1,704 10,187 658 1,433 102 1,108 963 725 1,219 2,443 4,299 Net after taxes, &c. 1,475,422 1,194,161 7,879,576 5,788,913 520,836 118,431 106,281 856,824 729,816 445,607 2,372,513 2,447,291 Net after rents______ 1,212,703 939,522 6,215,452 4,413,696 356,056 81,626 558,492 307,814 1,360,970 1,593,471 78,438 655,618 Aver, miles o f r’d oper. 2,258 2,315 1,055 2,169 2,290 59 59 59 59 1,055 1,055 1,055 Detroit G ran d Haven & Milwaukee B rooklyn Eastern D istrict T erm ’l C hicago & E astern Illinois -----Month of June------- —Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— EARNINGS. 1926. 1926. 1925. 1926. 1925. 1926. 1925. 1925. ±926. 1925. 1926. 1925. $ 8 1 S $ S $ $ S $ $ $ $ Freight revenue______ 115,779 693,546 666,650! 124,376 580,273 512,087 3,095,289 2,741,296 1,579,687 1,437,128 9,951,485 9,161,679 Passenger revenue_ _ 421,964 35,506 31,033 397,373 2,236,664 2,151,931 199,812 171,218 T ot., incl. other rev. 738,021 707,149 121,866 131,441 670,676 591,746 3,601,905 3,196,748 2,178,896 1,992,366 13,228,246 12,314,290 Expenses— Maint. way 8,836 48,787 11,085 45,4101 312,146 75,797 94,709 219,598 1.380,156 1,212,058 360,701 302,129 Maint. o f equipm’t . 86,502 16,102 15,337 88,900 627,345 58,143 50,941 612,971 3,984,735 3,487,876 327,855 299,824 Traffic expenses_ _ 99 2,786 1,695 370 78,875 57,219 12,241 12,478 69,526 467,415 67,169 347,237 Transportation exp. 42,694 42,827 267,549 253,057 786,483 262,243 739,265 5,091,585 4,900,058 225,342 1,500,759 1.412,193 Tot.exp..incl.oth. 421,221 72,813 443,966 77,013 424,288 401,134 2,289,965 2 240,421 1,900,102 1,714,661 11.449,498 10,817,429 Net from railroad____ 285,928 54,428 49,053 294,055 278,794 277,705 1,778,748 1,496,861 246,388 190,612 1,311,940 956,327 T a x es_______________ 43,906 8,568 6,514 42,271 145,000 110,000 3,949 3,897 27,094 715,000 625,000 26,539 Uncollectible revenue. 859 803 853 98 4,172 3,760 1,614 4,393 Net after taxes, &c. 42,539 250,149 243,657 45,860 132,935 166,902 1,059,576 241,586 186,617 1,281,086 867,468 928,174 Net after rents______ 42,859 258,749 247,767 — 13,396 46,540 40,767 122,884 289,434 90,968 722,341 307,409 377,278 Aver, miles o f r’d oper. 9 9 9 9 945 945 189 189 945 945 188 189 EARNINGS. B u ffa lo & S u sq u e h a n n a RR Corp EARNINGS. -----Month of June------- —Jan. 1 to June 30— 1925. 1926. 1926. 1925. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses___ Transportation exp. Tot .exp. .incl.oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles of r’d oper. 99,250 2,920 105,937 29,752 38,046 1,885 33,949 112,827 — 6,890 3,400 23 — 10,313 — 2,012 253 94,840 2,232 02,276 27,546 38,452 1,771 34,462 110,472 — 8,196 3,150 — 11,346 — 978 253 B u ffalo EARNINGS. S $ Freight revenue______ Passenger revenue_ _ Tot., incl. other rev. Expenses— Maint.way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ T ax es_______________ Uncollectible revenue. Net after taxes, A c. Net after rents______ Aver, miles o f r’d oper. ------ Month 1926. $ Freight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. Tot.exp.,incl.oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, & c. Net after rents______ Aver, miles of r’d oper. — 88,380 — 19,665 253 $ 807,007 26,563 854,931 185,632 320,588 11.287 271,644 846,958 7,973 20,400 23 — 12,450 123,086 253 1,298,368 94,513 1,451,026 199,269 379,475 29,805 505,378 1,160,979 290,047 50,000 32 240,015 223,451 601 $ 1,067,420 111,401 1,246,616 198,144 358,159 27,913 490,337 1,119,134 127,482 35,000 66 92,416 89,723 590 $ 7,710,188 611,122 8,634,128 875,776 2,501,651 172,747 3,111,730 6,945,015 1,689,113 300,000 128 1,388,985 1,519,455 601 $ Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . _ Traffic expenses_ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles of r’d oper. ------ Month 1926. $ 6,233,485 4,284,393 713,562 798,404 7.340,808 5,408,316 828,800 575,738 2,174,695 1,100,225 159,824 46,107 2,975,005 1,904,322 6,398,658 3,766,290 942,150 1,642,026 210,000 427,557 230 6,063 731,920 ’ 1,208,406 828,492 1,057,533 590 690 Lines in M aine — 69,134 — 182,477 — 93.669 — 207,430 233 233 ------ Month 1926. S 1,774,491 475,641 2,444,584 363,878 463,978 75,894 945,820 1,934,341 510,243 100,570 819 408,854 403,564 1,917 S 638,874 7.012 668,786 137,626 117,391 6,550 196,582 473.884 194,902 25,681 05 169,226 123,099 285 $ 3,523,296 21,952 3,657,653 601.718 598,053 40,172 1,239,605 2,578,499 1,079,154 160,222 226 918,706 671,891 279 $ 3,823,716 835,139 4,969,600 524,286 1,073,863 36,821 1,801,812 3,565,949 1,403,651 397,506 2,114 1,004,031 820,319 692 S 21,775,449 4,223,500 27,888,990 2,671,670 6,119,290 242,293 10,885,619 20,786.324 7,102,666 2,336,651 41,107 4,724,908 3,981,052 690 N orth W estern $ $ $ Jersey $ 21,570,639 4,326,342 27,747,919 3,001,759 6,155,256 226,424 10,611,799 20.769,374 6,978,545 2,209,070 7,672 4,761,803 3,995,680 692 S S 1,600,554 10,953,080 9,958,053 435,228 3,143,512 2,765,071 2,192,024 [5,501,829 14,074,206 395,980 2,343,131 2,317,643 463,198 2,724,347 2,600,329 73,591 452,873 417,997 872,246 5,897,857 5,269,421 1,877,289 12,016,447 11,147,710 314,735 3,485,382 2,926,496 677,372 97,633 628,935 1,315 3,261 3,070 215,787 2,804,749 2,294 ,491 190,960 2,491,364 2,049,543 1,920 1,917 1,920 C h arleston & W estern C arolina ------ Month of June----------—Jan. 1 to June 30— 1925. 1926. 1925 $ $ % S 293,172 289,789 1,868,539 1,914,754 22,300 25,158 135,063 150,152 329,496 329,516 2,087,401 2,158,264 57,525 58,372 378,280 355,087 48,532 40,827 271,589 256,711 7,552 7,496 43,751 43,925 115,266 118,678 782,758 840,077 235,797 231,586 1,516,193 1,535,852 93,699 97,930 571,208 622,412 21,500 20,000 129,000 120,000 131 45 300 360 72,068 77,885 441,908 502,052 67,196 63,060 371,231 395,494 342 342 342 342 1926. $ 3,663,188 10,058,422 8,474,885 51,316,174 47,122,832 57,040 2,640,419 2,561,246 13,038,474 12,777,085 3,846,604 14,225,874 12,522,953 72,552,705 67,688,430 627,967 1.998,906 1,885,993 9,806,565 8,624,732 672,211 2,693,507 2,280,584 15,670,543 14,906,460 251,362 186,560 1,149,718 1,002,656 34,521 1,229,796 4,759,977 4,551,540 28,179,065 28,123,644 2,652,923 10,118,835 9,341,235 57,273,493 55,115,958 1,193,681 4,107.039 3,181,718 15,279,212 12,572,477 800,000 800,000 4,800,000 4,800,000 152,181 1,063 3,569 16,641 21,772 54 1,041,446 3,305,976 2,378,149 10,462,571 7,750,700 796,651 3,098,190 2,291,662 9,801.361 6,951.641 8,457 8,462 8,458 8,462 291 of June------- —Jan. 1 to June 30— 1925. 1926. 1925. $ & C h icago B u rlin g to n & O u in cy ------ Month of June------1925. 8 9,254,079 9,101,570 2,221,571 2,318.879 12,777,532 12,730,440 2,411,555 1,976,263 2,137,604 2,242,573 301,428 273,498 4,217,228 4,305,614 9,349,167 9,261.784 3,428,365 3.468.656 917,127 825,772 2,830 2,231 2,508,408 2,640,653 2,214,665 2,352,037 9,404 9,399 1926. $ — Jan. 1 to June 30— 1926. 1925. $ 55,635,482 11,249,599 74.598,661 10,047,216 15,662,290 1,501,737 26,154,731 55.810,366 18,788,295 5,439,487 29,883 13,318,925 11,979,906 9,404 $ 53,455,161 11,461,883 72,373,466 8,726,749 17,014,315 1,489,933 26,884,667 56,687,732 15,685,734 4,777,977 18,429 10.889,328 9,517,473 9,396 C h icago G reat W estern June 30— -----Month of June----- —Jan. 1 to June 30— -----Month of June— —Jan. 1 to 1925. 1926. 1926. 1925. 1925. 1926. 1926. 1925. $ 5 $ S $ $ * S 1,074,276 611,858 544,358 3,247,691 3,053,653 1.726,582 1,382,523 9,172,586 177,394 293,233 101,153 97,500 291,678 1,602,563 635,969 612,784 1,341,881 785,995 715,861 4,319,226 4,057,608 2,170,078 1,840,802 11,676,871 427,918 405,324 410,568 1,634,448 234,533 178,828 787,158 1,051,311 301,403 113,272 407,747 117,661 368,116 2,370,635 691.023 743,789 28,549 85,533 17,749 16,374 74,716 93,544 448,708 86,509 594,277 318,476 314,952 1,952,870 1,915,101 763,810 750,813 4,726,353 1,376,298 708,007 651,363 3,671,286 3,949,409 1,730,364 1,669,795 9,595,232 — 34,417 77,988 439,714 64,498 647,941 171,007 2,081,639 108,199 66,000 19,004 78,856 19,090 114,224 77,856 114,870 494,126 5 632 784 194 240 3,410 85,767 — 100,417 58,979 45,408 360,226 533,133 92,957 1,584,103 6,911 8,735 — 184,731 26,319 28,929 210,331 419,432 — 103,790 — 24,747 814,577 233 233 433 434 1,496 1,496 433 434 1,496 of June---------- — Jan. 1 to June 30— 1926. 1925. 1925. $ C hicago -----Month of June------- —Jan. 1 to June 30— 1926. 1925. 1926. 192o. C en tral V erm on t -----Month of June---- - —Jan. 1 to 1926. 1926. 1925. 8 $ $ 75,617 1,177,672 86,895 182,345 27,157 27 ;275 115,294 1,436,994 127,301 165.894 296,827 73,841 307,983 41,604 31.401 30,303 5,354 5,445 69,892 627,937 66,576 286,771 1,282,827 180,535 154,167 — 53,234 — 171,477 11,000 68,400 15,900 C en tral of G eorgia EARNINGS. $ 669,278 2,566 693,011 134,632 116,238 6,598 219,156 493,189 199,822 26,672 13 173,137 135,574 279 R och ester & P ittsb u rgh C en tral R ailroad o f New of June------ - - —Jan. 1 to June 30— 1925. 1926. 1925. C an a d ia n Pacific EARNINGS. S 549,649 17,001 590,213 162,954 232,834 10,772 204,366 659,693 — 69,480 18,900 C en tra l New E n glan d -----Month of June------ • —Jan. 1 to June 30— 1926. 1925. 1926. 1925. June 30— 1925. % 8,520,877 1,673,471 11,160,924 1,652,416 2,519,573 417,173 4,760,794 9.753,007 1,407,917 482,170 2,216 923,531 229,930 1,496 C h icago IndianaD olis & L ou isville ------ Month 1926. $ 1.119,071 243,700 1,221,416 163,071 340,300 38,734 507,888 1,099,172 422,245 84,594 130 337,521 240,502 647 of June---------- — Jan. 1 to June 30— 1925. 1926. 1925. $ 1,033,468 229,305 1,403,934 159,323 307,817 36,071 493,039 1,040,394 363,540 70,872 26 292,642 177,909 649 $ 6,722,390 1,342,763 8,941,550 832,600 2,026,865 216,056 3,226,748 6,602,157 2,339,394 477,483 2,003 1,859,908 1,251,015 647 $ 6,158,468 1,403,747 8,391,504 831,299 1,771,503 208,484 3,042,311 6,146,031 2,245,473 419,159 391 1,825,923 1,118,925 649 6 EAILW A Y EARNINGS [V ol. 123 D elaw are L a ck aw an n a & VVestern C lin ch field RR C h icago M ilw aukee & St Paul incl C hicago Terre Haute & S outheastern -----Month of June----------Jan. 1 to June 30— Formerly C arolina C linchfield & O hio ---- Month of June----------Jan. 1 to June 30— -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. S $ % 1926. 192b. 1926. 1925. 1926. 1925. 1926. 1925. $ 580,490 639,866 3,750,211 4,108,212 6,073,283 5,732,434 30,331,313 52.226,651 Freight revenue______ 10,536,558 9,902,599 58,061,639 56,514,648 1,848,497 1,872,221 9,434,065 9,393,612 Passenger revenue_ _ 24,080 27.114 155,797 183,793 1,095,870 1,130,716 6,195,310 6,361,488 T ot., incl. other rev. 13,830,278 13,196,239 75,260,203 73,529,970 614,262 684,271 3,984,745 4,379,322 8.063.326 7 . 730,162 41,528,658 13,561,491 Expenses— M aint.way 2,721,707 2,709,703 11,201,033 10,886,579 792,928 400,782 486,273 88,843 824,036 3,774,184 4,122,888 89,638 Maint. o f equipm’t . 2,870,432 3,662,276 18,739,632 19,369,315 155.701 164,290 1,095,263 1,122,025 1.419.326 1,470,895 8,066,606 9,406,828 Traffic expenses— 136,872 128,712 764,230 256,482 238,270 1,399,966 1,193,505 22,379 135,869 735,969 147,591 23,206 Transportation exp. 4,803,762 4,743,528 28,919,760 29,649,984 901,837 2,675,389 2,773,692 16,161,442 6,809,564 123,549 136,353 803,304 T ot .exp. .incl .oth. 11,063,074 11,777,214 62,614,579 63,486,498 5,274,392 5,406,401 30,150,229 32,353,875 432,212 2,550,094 2,769,818 409,915 Net from railroad____ 2,767,204 1,419,025 12,645,624 10,043,472 204,347 252,059 1,434,651 1,609,504 2,788,934 2,323,761 11,378,429 11,2077616 735,042 T a x es_______________ 650,040 3,650,252 3,521,240 750,000 800,000 4,500,000 4,550,000 330,000 60,000 55,000 360,000 Uncollectible revenue. 921 35,755 15,461 102 28 507 6,987 3,309 1,403 4,611 4 Net after taxes, &c. 2,015,801 614,414 8,130,163 5,457,717 144,347 197,055 1,074,549 1,279,476 2,052,971 1,673,214 7,721,190 7,683,067 Net after rents______ 1,680,823 191,063 6,171,467 3,142,656 232,532 221,432 1,635,270 1,621,590 2,110,644 1,739,982 7,998,569 7,864,526 Aver, miles o f r’d oper. 999 992 11,204 11,192 993 992 11,205 11,199 309 309 309 309 D enver Rio G ra n d e W e ste rn C h icago Peoria & St Louis C olorado & S o u th e rn System -----Month of June-------- -Jan. 1 to June 30— C olorado & S outhern -----Month of June-------- -Jan. 1 to June 30— EARN ING S. 1926. 1925. 1925. 1926. 1925. 1926. -----Month of June---------Jan. 1 to June 30— 1926. 1925. $ $ S S $ 1926. 1925. S S $ 1926. 1925. Freight revenue______ 427,274 259,816 20,292 53,158 759,777 755,525 4,616,034 4,413,862 2,066,598 1,871,170 12,011,806 1,090,525 Passenger revenue_ _ 53,116 40,072 437,810 510,968 1,982,831 2,154,011 1,929 6,779 650,703 692,467 122,758 135,299 T ot., incl. other rev. 524,693 65,331 335,885 28,541 972,819 971,933 5,804,878 5,601,231 2,728,780 2,626,607 15,105,886 14,429,735 Expenses— Maint .way 91,333 66,949 547.048 652,471 2,794,375 2,644,401 822,139 7,430 15,050 187,791 761,483 169,740 Maint. of equipm’t . 97,727 490,607 58,006 11,894 395,715 2,918.923 2,876,736 2,916 208,701 222,065 1,382,333 1,378,618 Traffic expenses---8,515 53,733 5,313 53,667 828 82,079 331,634 306,958 860 15,994 87,391 18,024 Transportation exp. 269,764 749,391 172,710 755,333 4,598,029 4,790,075 11,291 35,710 346.188 2,176,929 2,180,767 341,547 T ot .exp. ,incl .oth. 516,298 343,514 28,664 71,267 820,897 4.699,891 4,746.439 1,978,520 2,019,904 11,355,346 11,386,855 789,690 Net from railroad____ 8,395 750,260 — 7,629 606,703 3,751,540 3,042,880 854,792 — 123 — 5,936 183,129 151,036 1,104,987 18,466 T ax es_______________ 190,000 173,000 1,120,000 1,013,000 15,600 380,621 3,200 2,750 381,838 63,437 63,640 Uncollectible revenue. 92 76 39 44 1,553 44 1,724 2,406 81 2,135 258 Net after taxes, &c. 560,184 433,659 2,629,987 2,027,474 — 23,268 — 10,163 — 3,323 — 8,730 87,315 722,231 471,230 119,434 Net after rents______ — 117,018 643,619 502,311 2,972,343 2,295,554 — 91,503 — 4,670 — 16,927 421,191 121,919 74,500 638,516 Aver, miles of r’d oper. 231 2,571 186 2,577 2,556 215 2,570 130 1,056 1,056 1,056 1,056 Fort W orth & Denver C ity C hicago River & In d ia n a D enver & S a lt Lake Includes C hicago Ju n ction Jan. 1 to June 30— -----Month of June--------— Jan. 1 to June 30— -----Month of June--------— EARNINGS. Jan. 1 to June 30— 1926. -----Month of June--------— 1925. 1926. 1925. 1925. 1926. 1925. 1926. 1925. * $ $ 1926. 1926. 1925. $ S $ $ $ Freight revenue______ 219,037 173,113 1,462,989 1,093,319 671,486 561,316 4,097,450 3,856,306 Passenger revenue— 26,466 22,886 150,082 136,041 223,637 174,324 1,079,206 931,055 T ot., incl. other rev. 268,406 220,403 1,743,501 1,355,646 551,082 3,328,747 3,372,675 558,586 960,044 795,033 5,577,220 5,140,854 Expenses— Maint .way 163,421 463,875 99,203 330,554 89,036 605,823 324,816 51,278 497,992 117,905 92,987 538,350 Maint. o f equipm't. 513,248 100,824 76,299 464,145 87,898 602,414 77,946 507,548 179,491 181,330 1,041,850 1,096,642 Traffic expenses— 4,912 4,756 1,745 1,972 663 9,742 8,011 744 21,110 102,461 90,810 18,378 Transportation exp. 59,494 51,882 209,309 1,307,796 1,346,031 210,110 439,754 389,508 294,163 232,716 1,786,831 1,606,536 T ot .exp. ,incl .oth. 326,443 235,299 1,686,377 1,267,055 399,465 2,215,419 2,403,444 357,855 567,504 3,743,522 3,538,711 660,606 Net from railroad____ 969,231 — 58,037 — 14,896 151,617 1,113,328 57,124 200,731 88,591 299,438 227,529 1,833,698 1,602,143 T a x es_______________ 237,087 9,000 251,989 6,000 36,000 54,000 47,043 40,117 354,373 355,077 58,170 59,154 Uncollectible revenue. 29 7 151 131 3,177 1,283 6 Net after taxes, &c. 732,144 — 64,037 861,339 — 23,925 111,500 21,117 34,440 1.245.783 153,688 241,262 168.244 1,476.148 Net after rents______ — 60,679 — 15,438 35,594 58,663 214,497 1,524,111 1,380,732 259,012 225,505 158,892 1,439,765 1,266,490 Aver, miles of r’d oper. 19 255 19 255 19 255 255 19 491 491 461 491 T rin ity & Brazos Valley D etro it & M ackinac C h icago R ock Isla n d & G u lf Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— -----Month of June------- — Jan. 1 to June 30— -----Month of June------- — EARN INGS. 1926. 1925 1925. 1926. 1926. 1925. 1925 1926. 1926. 1925. 1926. 1925. * * $ S * * $ * $ $ S $ Freight revenue______ 108,893 121,231 537,091 428,844 356,896 2,247,487 2,228,432 611,822 113,988 765,122 1,304,237 130,785 Passenger revenue— 461,938 447,795 16,985 18,299 129,862 86,724 123,442 99,601 9,614 11,416 54,215 67,981 T ot., incl. other rev. 140,181 157,459 742,097 490,370 2,979,859 2,939,785 813,840 577,364 858,072 1,419,710 129,284 147,955 Expenses— Maint .way 35,045 398,310 419,448 52,266 131,071 79,463 171,103 56,367 54,244 62,600 300,338 341,551 Maint. o f equipm’t . 33,150 415,093 38,629 447,263 226,232 66,695 64,194 218,858 43,967 49,487 208,707 301,377 Traffic expenses— 1,783 99,700 1,947 11,350 19,985 117,217 22,392 12,564 4,097 22,841 5,035 27,378 Transportation exp. 48,284 52,956 214,772 1,233,534 1,282,000 298,551 197,157 323,575 70,780 75.527 463,669 633.844 T ot .exp.,incl .oth. 123,709 151,160 699,599 401,203 2,309,322 2,339,297 360,084 760,146 187,323 202,573 1,077,000 1,369,841 Net from railroad-----16,472 600,488 6,299 670,537 89,167 42,498 53,694 217,280 — 58,039 — 54,618 — 218,928 49,869 9,762 108,432 96,920 10,130 54,194 18,072 32,728 60,507 45,900 7,700 7,650 46,200 Uncollectible revenue. 172 586 Cr 2 134 136 21 251 927 , 6 Net after taxes, &c. 502,982 6,710 561,933 — 3,831 — 11,830 56,303 — 6,813 199,210 — 65,760 — 62,274 — 265.379 3,042 Net after rents--------15,037 5,653 34,921 430,626 364,263 69,473 35,075 171,498 — 84,254 — 79,988 — 386,684 — 175,861 Aver, miles of r’d oper. 375 461 375 458 375 461 375 458 368 367 367 368 W ich ita Valley D etro it & T o led o Sh ore Line C h icae 3 R ock Islan d & Pacific -----Month of June------- —Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— -----Month of June----- —Jan. 1 to June 30— EARN ING S. 1926. 1926. 1925. 1925. 1926. 1926. 1925. 1925. 1926. 1925. 1926. 1925. $ % $ $ $ $ s S S S S $ Freight revenue--------- 7,999,445 7,727,064 43,442,604 42,580,946 356,838 274,618 2,389,411 1,816,597 67,021 79,378 540,467 581,755 Passenger revenue— — — — — 1,997,980 2,082,436 10,957,353 l i ,338,937 19,230 20,602 124,532 107,415 T ot., incl. other rev. 10,980,151 10,541,425 59,754,464 58,380,991 359,703 276,627 2,412,786 1,847,108 93,839 107,107 694,931 756,756 Expenses— Maint. way 1,268,857 1,412,982 7,547,681 6,899,372 51,845 53,607 275,140 236,391 16,618 15,662 102,231 139,268 Maint. of equipm’t . 2,137,288 2,384,785 13,899,588 14,006,875 34,735 29,984 212,227 209,768 7,570 10,015 50.115 51,216 Traffic expenses_ _ 3,207 2,953 19,846 223,881 1,371,057 1,315,522 17,233 221,877 11 91 241 Transportation exp. 3,823,259 3,970,223 23,374,224 23,594,873 78,037 78,144 619,650 514,311 37,012 245,442 36,359 256,894 T o t.exp., incl .oth. 7,819,372 8,367,957 48,357,285 47,839,279 177,273 172,717 1,179,442 1,026,616 61,079 61.993 400,662 451,943 Net from railroad____ 3,160,779 2,173,468 11,397,179 10,541,712 182,430 103,910 1,233,344 820,492 32,760 45,114 294,269 304,813 T a x e s_______________ 23,476 20,514 141,171 131,773 588,022 540,391 3,522,371 3,140,973 8,758 10,614 56,281 62,831 Uncollectible revenue. 4 40,522 169 262 37,975 9,958 6,059 25 4 535 352 Net after taxes, &c. 2,562,799 1,627,018 7,836,833 7,360,217 83,392 1,092,004 158,954 688,457 23,977 34,496 237,453 241,*30 Net after rents______ 2,087,305 1,159,200 5,527,409 4,950,522 82,805 18,742 548,585 242,824 8,737 17,836 124,595 128,737 Aver, miles of r’d oper. 50 61 7,578 50 7,563 61 7,563 7,578 271 271 271 271 EARN INGS. C h icago S t Paul EARN INGS. Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses_ _ Transportation exp. Tot .exp., incl .oth. Net from railroad____ T a x es_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r ’d oper. C in cin n a ti EARNINGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . _ Traffic expenses_ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ T a x e s_______________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Avar miles o f r’d oper. M inn & O m aha -----Month of June----- —Jan. 1 to 1926. 1926. 1925. S $ S 1,539,840 1,456,077 9,141,634 504,402 2,399,091 444,953 2,185,269 2,139,352 12,516,758 403,336 336,554 1,775,883 418,191 431,844 2,444,387 31,321 213,105 38,326 856,383 885,700 5,531,161 1,793,968 1,771,897 10,474,170 391,301 367,455 2,042,588 121,609 659,138 101,373 2,191 7,952 1,247 288,681 243,655 1,375,498 244,797 194,485 1,088,322 1,841 1,841 1,841 In d ia n ap olis & W e st D etroit T erm in al Col u m bu s & G reenville June 30— Form erly 1925. -----Month of S 1926. 8,917,636 115,546 2,582,841 18,960 12,443,031 142,786 1,487,802 32,923 2,516,871 19,858 173,987 3,014 5,611,771 50,087 10,297,050 115,651 2,145,981 27,135 732,732 1,499 12,654 1,400.595 25,636 1,055,844 10,437 1,841 167 -----Month of June----- —Jan. 1 to June 30— S outhern Ry in Mississippi 1926. 1925. 1926. 1925. June----- —Jan. 1 to June 30— $ S $ 1925. $ 1926. 1925. 92,510 712,815 563,853 ____ a . 136,802 19,454 137,186 210,855 220,762 1,299,701 1,207,569 118.857 904,938 744,212 54,695 33,976 243,514 129,599 47,082 239,608 279,899 14,652 16,546 99,544 92,088 15,727 108,251 98,112 6 80 2,706 17,939 16,231 101,801 101,932 673,958 583,667 334,082 43,733 273,876 175,005 155,204 1,038,704 817,908 118,929 760,912 726,319 35,850 65,558 260,997 389,661 — 72 144,026 17,893 14,386 18,605 93,260 116,975 1,500 8,726 10,792 47 11 6 46 144 21,464 46,953 167,690 272,675 — 1,578 135,254 6,957 25,089 64,917 190,085 357,009 — 13,553 38,161 — 58,273 26 26 26 26 167 167 167 D elaw are & D etroit T oled o H u d son -----Month of J u n e ------ — Jan. 1 to June 30— -----Month of June----- — Jan. 1 to 1926. 1926. 1925. 1925. 1926. 1925. 1926. 8 S S $ $ S S 355,112 333,227 2,022,099 1,950,198 3,712,605 3,445,151 18,336,033 28,622 174,912 265,849 1,590,167 30,544 150,023 269,804 410,834 391,326 2,321,710 2,297,346 4,233,363 3,981,385 21,137,418 87,033 426,912 394,353 2,495,658 62,718 310,344 283,887 89,991 74,171 971,710 5,363,138 516,706 465,804 995,102 95,124 50,169 46,732 16,356 16,664 94,907 293,044 152,188 153,605 946,460 970,333 1,263,748 1,277,584 7,511,762 363,488 325.994 1,990,379 1,926.984 2,902,340 2,858,897 16,600,497 65,332 331,331 47,346 370,362 1.331,023 1,122,488 4,536.921 88,000 112,300 528,000 18,500 17,596 108,445 108,753 262 454 1,528 28,846 47,736 222,886 261,609 1,242,569 1,009,926 4,007,393 — 5,871 18,756 19,993 92,857 1,258,427 1,032,097 3,775,068 347 347 347 881 881 881 34y June 30— 1925. * 19,360,122 1,550,045 22,455,713 2,607,37S 5.876.52C 292,131 8,138,766 17,944,192 4,511,521 673.80C 1,724 3,835,997 "3,974,394 886 ------ Month 1926. $ 1,115,035 9,467 1,141,063 203,603 208,286 11,148 305,581 745,443 395,620 66,019 53 329,548 220,610 486 Ir o n to n & of June------ —Jan. 1 to June 30— 1925. 1926. 1925. $ 1,107,441 6,343 1,125,611 204,978 175,737 8,589 289,978 706,147 419,464 48,041 18 371,405 264,075 470 $ 6,570,168 59,346 6,707,748 976,931 1,259,074 65,963 1,890,636 4,364,467 2,343,281 406,926 883 1,935,472 1,293,678 487 $ 6,580,941 40,481 6,712,080 1,016,131 1,056,533 50,503 1,771,769 4,039,955 2,672,125 291,196 1,672 2,379,257 1 , 768,286 470 A ug., 1926.] RAILW AY EARNINGS D u lu th & Iron R ange EARN INGS. Freight revenue______ Passenger revenue_ _ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t.. Traffic expenses_ _ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r’d oper. EARNINGS. Freight revenue ____ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint. way Maint. o f equipm't. Traffic expenses_ _ Transportation exp. Tot.exp. .incl.oth. Net from railroad____ Taxes _ _ _____ Uncollectible revenue. Net after taxes, &c_ Net after rents ____ Aver, miles of r’d oper. -----Month of 1926. s 902,731 4,778 1,032,561 134,253 121,924 1,528 213,557 498,457 534,104 71,802 462,302 465,945 275 Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint. way Maint. o f equipm’t . Traffic expenses___ Transportation exp. Tot.exp. .incl.oth. Net from railroad____ Taxes _ _ ... _ _ Uncollectible revenue. Net after taxes, &e_ Net after rents ____ Aver, miles of r’d oper. EARNINGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint. way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. Tot.exp. .incl.oth. Net from railroad____ Taxes ._ . . . . Uncollectible revenue. Net after taxes, &c. Aver, miles o f r’d oper. 362,151 365,564 276 June 30— 1925. S 2,466,702 40,669 2,778,594 584,140 712,892 7,047 902,097 2.325.537 453,057 190,247 18 262.792 50.229 277,729 62,587 276 275 East St L ou is C on n ectin g Now included in Terminal Railroad Association of St. Louis S o u th Shore & A tla n tic -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. 345,097 61,815 458,158 136,099 80,819 5,992 185,523 424,203 33,955 29,000 38,099 71,176 508,879 121,670 89,167 6,742 198,379 436,460 76,019 28,000 1,940,516 445,014 2,593,052 429,778 475,934 40,789 1,127,281 2,172,351 420,701 174,000 4,955 — 10,092 590 48,019 24,441 590 246,701 136,349 590 El Paso & Sou th w estern 2,126,387 478,727 2,838,087 465,608 513,504 41,975 1,188,305 2,308.974 529,113, 174,000 9 355,104 238,607 591 Now included in Southern Pacific Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. T ot.exp., incl.oth. Net from railroad____ Taxes _. . _ _ Uncollectible revenue. Net after taxes, &c_ Net after rents_____ Aver, miles of r’d oper. EARNINGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses__ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ ___ __ Taxes . _ Uncollectible revenue. Net after taxes, &c. Aver, miles o f r’d oper. EARNINGS. Freight revenue______ _ Passenger revenue_ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses. Transportation exp Tot .exp.,incl.ot Net from railroad T ax es__________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r’d oper June----------Jan. 1 to 1935. 1 $ * 364,342 2.327.998 87,529 496,575 483,492 3,023,797 56,561 321,954 84,962 614,631 22,215 135,234 197,280 1,250,723 379,581 2,456,321 103,911 567,476 Cr3,070 60,985 1 1,293 106,980 505,198 117,058 504,298 328 328 June 30— 2,224,269 511,903 2,952,370 334,970 595,423 137,562 1,239,288 2,427,727 524,643 48,536 511 475,596 452",713 328 G ra n d T r u n k S ystem See Canadian National System Evansv Inchanap & Terre H a u te D u lu th W in n ip e g & Pacific G ra n d T r u n k W estern -----Month o f June----------Jan. 1 to June 30— -----Month of June-----— Jan. 1 to June 30— ---- Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. $ s s s s * s s * * * $ 184,674 182,297 1,172,333 1,092,758 1,620,256 1,320,117 8,519,259 7,351,482 166,371 143,167 1,024,890 1,068,241 4,360 3,962 34,120 23,282 16,875 14,917 80,414 73,622 205,721 197,817 972,674 942,523 195,484 192,006 1,245,468 1,155,475 1,912,779 1,607,747 9,981,746 8,790,573 164,402 1,145,647 1,177,331 190,151 35,754 35,308 159,463 162,476 61,072 48,535 190,167 192,774 294,550 256,900 988,426 1,006,269 27,446 41,527 193,790 207,076 303,492 40,602 222,113 35,253 369,915 362,101 2,240,914 2,244,087 1,955 1,956 12,025 10,854 4,452 25,211 4,994 26,140 39,064 43,682 220,781 225,713 63,260 60,707 425,308 384,017 400,719 451,531 64,510 67,055 555,779 517,089 3,437,386 3,294,480 135,137 143,030 828,983 788,499 1,329,717 1,244,693 7,288,610 7,142,862 942,749 180,801 166,163 979,657 60,347 48,976 416,485 366,976 165,989 234,582 9,350 — 1,761 583,062 3637054 2,693,136 1,647,711 4,832 5,082 31,997 40,654 58,461 8,826 8,031 56,707 77,564 62,114 437,089 408,534 13 100 15 245 327 1,835 1,655 55,515 43,894 384,475 326,222 — 9,792 109,282 524 176,106 505,253 300,613 2,254,212 1,237,522 14,966 8,834 171.080 195,159 — 3,582 146,353 197,641 9,045 366,131 165,988 1,632,320 378,899 146 146 146 146 178 178 178 178 347 347 • 347 347 Florida East Coast Erie System EARNINGS. G eorgia -----Month of 1926. $ 370,305 87,681 491,271 57,322 96,952 24,379 200,799 403,074 88,197 8,068 230 79,899 82,748 328 Elgin Joliet & Eastern D u lu th M issabe & N orth ern G eorgia & Florida -----Month o f June----------Jan. 1 to June 30— ---- Month of June----------Jan. 1 to June 30— -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1'925. $ % $ $ S S S S $ s s S 2.463,690 2.430,750 4.862,971 6,183,690 2,164,634 1,768,257 12,094,754 11,754,044 116,049 112.711 750.871 655,097 48 14 110 5,403 6,402 38,473 45,426 96 20,536 18,225 130,119 90,844 2,802,704 2,767,998 5,553,476 6,907,974 2,351,660 1,926,710 13,229,713 12,909,321 143,217 137,826 942,626 788,736 222,918 282,863 281,323 1,174,558 1,019,247 207,530 1,071,206 1,063,318 15,636 17,716 116,510 112,426 500,035 208,439 441,471 2,807,622 2,910,338 183,667 1,194,124 1,135,862 16,991 16,382 105,788 96,026 15,099 12,361 2,953 3,276 19,088 83,150 76,461 17,496 7,794 7,643 49,616 45,596 704,761 642,388 4,352,812 4,494,161 380,137 403,437 1,296,244 1,439,908 56,662 52,260 363,125 309,039 907,691 907,749 3,843.097 3,759,120 1,498,581 1,356,714 8,592.728 8.812.810 104,685 101,596 683,248 608,601 853,079 1,895,013 1,860,249 1,710,379 3,148,854 569,996 4,636,985 4,096,511 38,532 36,230 259,378 180,135 111,389 87,504 0 3 1,99 0 833,205 646,944 578,000 525,025 7,000 250,400 6,500 42,000 39,026 6 69 12 15 2,180 4 99 13 168 105 490 741,684 482,423 4,058,886 3,569,306 1,644,613 1,892.227 877,170 2.501.895 31,519 29,562 217,273 140,619 559,459 1,637,882 1,881,206 832,459 2,460,767 314,794 2,980,829 2,305,269 14,947 14,455 101,591" 46,221 459 306 459 459 459 306 307 305 406 406 406 406 D u lu th EARNINGS. June----------Jan. 1 to 1925. 1926. s $ 840,047 1,989,444 5,162 36,588 953,120 2,298,857 167,907 521,007 122,892 658,746 962 9,050 210,712 811,132 528,042 2,122,286 425,078 176,571 126,342 62,927 G reat N orth ern -----Month of June----------Jan. 1 to June 30— -----Month of June-— - — Jan. 1 to June 30— Erie 1926. 1925. 1926. 1925. ---- Month of June— — Jan. 1 to June 30— — 1926. 1925. 1926. 1925. * * * % 1925. 19261925. 1926. * s s s 7,770,306 7,291,084 41,047,093 40,143,729 1,187,196 1,217,159 9,991,297 7,961,320 7,422,635 7,365,416 36,567,967 35,734,557 530,389 491,810 5,618,764 4,440,955 1,202,086 1,355,520 5,921,517 6,279,453 1,054,886 1,114,193 5,805,771 6,199,064 9,608,468 9,175,474 51,277,898 50,542,451 1,950,143 1,927,089 17,582,597 14,019,041 9,663,802 9,787,107 47,198,051 46,840,306 316,265 382,006 2,552,437 1,966,649 1,812,474 1,666,326 7,270,830 7,161,857 1,214,629 1,136,089 6,261,781 5,983,692 328,638 310,274 2,474,78 7 1,714,418 1,443,882 1,460,624 8,963,518 8,137,055 2,387,777 1,991,792 13,647,674 13,128,241 26,247 15,317 198,432 124,653 899,542 897,344 149,176 153,887 244,468 226,825 1,330,749 1,105,652 739,142 680,699 6,569,060 5,060,388 2,813,510 2,950,899 16,810,912 17,470,604 3,462,067 3,249,776 20,952,181 20,399,917 7,534,787 6,868,101 43,764,598 42,398,077 1,265,433 1,437,720 11,871,953 9,273.533 6,610,748 6,616,154 36,007,001 35,683,864 684,710 489,369 5,710,644 4,745,508 3,0537054 "3,170;953 11,191,050 11,156,442 2,073,681 2,307,373 7,513,300 8,144.374 140,300 112,937 794,739 683,449 361,200 365,600 2,167,200 2,156,000 776,355 825,143 4,474,092 4,528,495 1,006 37 5,977 5,500 22,085 1,601 4,413 26,146 790 481 5,258 4,905 543,404 376,395 4,909,928 4,056,559 2,275,909 2,345,329 6,711,700 6,623,042 1,710,880 1,937.360 5,319.954 5,966,289 350,863 205,138 3,352,096 3,008,370 2,308,518 2,359,931 7,022,942 6,844,566 1,774,901 1,978,608 5,750,644 6,448,756 849 770 849 770 2,053 2,053 2,055 2,055 8,200 8,252 8,218 8.251 C hicago & Erie Fort Sm ith & W estern G reen Bay & W estern Month of June----- — Jan. 1 to June 30— -----Month of June----- — Jan. 1 to June 30— -----Month o f June---- - — Jan. 1 to June 30— —— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1926. $ $ S S $ S S S 103,852 104,356 662,508 704,462 956,891 969,217 6,174,694 5,978,436 112,619 111,951 740,547 620,824 11,852 14,660 80,787 96,178 336,776 78,358 66,257 334,016 5,513 6,123 46,723 53,135 123,597 127,985 790,157 852,969 1,148,239 1,137,752 7,085,874 6,859,949 124,021 123,469 818,173 717,731 27,321 24,616 159,258 128,712 151,294 754,080 706,046 145,798 29,656 26,886 140,371 138,073 28,600 27,639 165,922 130,272 861,770 842,017 154,810 138,238 25,169 15,104 136,921 96,528 5,522 5,029 33,347 31,362 23,483 143,269 141,245 23,533 4,416 4,339 28,649 24,440 44,306 42,425 280,404 349,202 274,666 347,648 2,293,159 2,253,917 43,131 42,068 286,088 268,415 112,750 106,756 682,375 653,132 672,034 4,298,517 4,179,017 701,773 104,636 91,125 610,034 544,082 10,847 21,229 107,782 446,466 465,718 2,787,357 2,680,932 199,837 19,385 32,344 208,139 173,649 5,500 5,500 33,000 56,700 382,950 330,600 63,825 33,000 10,000 7,500 57,000 45,000 55 29 372 21 217 333 224 243 794 140 794 5,292 15,700 74,558 382,620 408,801 2,404,074 2,349,960 166,594 9,385 24,050 150,999 127,855 5,688 1,566 125,652 — 10,101 433,560 691,023 49,619 82,114 7i093" 18,340 144,840 90,345 249 249 269 249 269 269 269 249 234 234 234 234 New Jersey & New Y ork G alv eston W h a rf G u lf M obile & N orth ern -----Month of June----------Jan. 1 to June 30— ---- Month of June----------Jan. 1 to June 30— -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926 1926. 1925. 1926. 1925. 1925 1926. 1925. 1926. 1925. S s ^ s S * S $ $ S * $ 3 0 .9 9 3 101,909 138,135 16,347 19,698 1,735 66,473 108,364 29,771 3,642 26,129 — 6,810 45 2 3 .9 6 4 1 7 4 .3 5 4 1 4 8 .1 3 4 107,058 576,906 614,918 784,882 136,473 792,019 17,303 95,775 105,208 20,454 134,896 137,406 1,705 8,945 8,605 66,487 424,017 436,916 689,169 110,043 713.538 26,430 95,713 78,481 21,852 3,700 21,800 93 1,178 183 72,683 22,637 56,498 — 9,697 — 116.434 — 129,699 45 45 45 93,629 42,390 5,091 1,123 26,944 82,865 10,764 17,000 — 6,236 — 6,039 13 105,309 57,789 5,090 766 30,573 102,697 2,612 17,000 126 — 15,514 — 14,510 13 599,624 242,322 31,049 8,219 168,541 489,117 110,507 102,000 25 8,482 7,961 13 858,228 309,309 25,055 5,240 218,986 619,197 239,031 102,000 2,078 134,953 133,798 13 "261886 492,787 85,523 81,744 29,316 141,061 364,322 128,465 41,966 379 86,120 84,527 466 27,456 459,953 68,193 77,960 24,995 139,395 332,921 127,032 37,980 211 88,841 82,067 465 183,536 3,039,945 494,282 483,406 148,984 855,400 2,122,240 917,705 257.102 1,535 659,068 641,670 466 193,528 3,034,873 462,057 535,470 133,963 901,879 2,184,634 850,239 191,180 1,717 657,342 586,226 465 8 G u lf & Sh ip Island EARNINGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t.. Traffic expenses_ _ Transportation exp. T ot .exp. ,incl .oth. Net from railroad____ Taxes . . _______ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles of r'd oper. K a n sa s C ity Mex & Or Ry o f Texas Freight r e v e n u e .___ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint.way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. Tot.exp.,in cl .oth. Net from railroad____ Taxes . . . . . . . Uncollectible revenue. Net after taxes, &c. Net after rents Aver, miles of r’d oper. -----M o n th o f Ju ne ---- - —Jan . 1 to 1926. 1925. 1926. * S S 1,641,959 1,539,210 8,476,194 65,783 65,717 380,355 1,916,644 1,796,855 9,604,692 202,021 213,598 1,077,469 426,963 438,261 2,464,560 90,662 14,865 14,045 516,738 490,883 2,850,809 1,200,539 1,195,775 6,727,270 716,105 601,080 2,877,422 124,186 682,602 100,258 49 234 845 591,870 500,588 2,194,575 421,782 2,046,637 504.160 348 348 348 K a n sa s O k la h om a & G u lf Freight revenue______ _ Passenger revenue_ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . _ Traffic expenses_ Transportation exp. T o t.exp., incl .oth. Net from railroad___ Taxes ______ . . . Uncollectible revenue. Net after taxes, &c. Net after rents . Aver, miles of r’d oper. EARNINGS. Freight revenue — Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint.way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. Tot .exp. ,incl .oth. Net from railroad___ Taxes Uncollectible revenue. Net after taxes, &c. Net after rents . Aver, miles o f r’d opar. EARNINGS. Freight revenue Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’tTraffic expenses— Transportation exp. Tot .exp. ,incl .oth. Net from railroad___ Taxes Uncollectible revenue. Net after taxes, &c. Net after rents ___ Aver, miles o f r'd oper. Passenger revenue---T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t Traffic expenses. Transportation exp. Tot .exp. .incl.oth. Net from railroad. T a x es_ _ Uncollectible revenue. Net after taxes, &c. Net after rents_ _ Aver, miles of r’d oper. EARNINGS. Freight revenue_ __ . _ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm't Traffic expenses. . Transportation exp. Tot.exp.,in cl.oth. N et/f om railroad Taxes . . . . . Uncollectible revenue. Net after taxes, &o. Net after rents . . . Aver, miles e f r’d oper. K a n sa s City So u th e rn System Incl Y azoo & Mississippi Valley Kansas C ity S outhern o f J u n e ------------ —Jan . 1 to Ju ne 30— ----- M o n th o f June -------- —Jan. 1 to J u n e 30— 1926. 1925. 1926. 1926. 1925 1925. 1926. 1925. 11,545,064 10,981,659 70,028,739 36,467,134 1,287,196 1,160,813 7,712,216 7,088,701 2,369,959 2,314,608 14,389,356 14,258,082 130,723 144,197 722,193 762,266 14,945,180 14,400,377 91,435,427 87,683,062 1,579,314 1,449,254 9,319,558 8,675,784 2,451,222 2,418,877 13,146,980 12,316,018 194,347 210,821 1,019,067 1,155.387 3,478,976 3,342,450 20,606,882 19,023,624 275,558 260,703 1,560,297 1,648,352 328,298 260,203 1,855,208 1.590,469 55,3.34 43.969 304,885 264,326 496,189 5,090,349 4,966,864 32,783,897 31,969,650 474,573 2,967,551 2,861,121 11,847,179 11,425,271 71,272,111 67,492,320 1,103,695 1,069,678 6,309,998 6,369,814 3,098,001 2,975,106 20,163,316 20,190,742 475,619 379,576 3,009,560 2,305,970 974,606 1,078,956 6,232,494 6,476,942 107,455 94,042 645,252 564,250 1,745 472 2,138 21,247 19,833 76 2,440 5,176 367,692 2,121,650 1,894,012 13,909,575 13,693,967 285,458 2,361,868 1,736,544 2,022,414 1,876,068 13,608,828 13,807,288 308,939 250,510 2,081,878 1,572,229 6,585 784 773 6,585 6,584 6,585 784 773 Texarkana & F ort Smith Illinois Central M -------- M o n th o f Ju ne ------------- —Jan. 1 to J u n e 30— — — o n th o f Ju ne ------------- —Jan. 1 to J u n e 30— 1926. 1926. 1925. 1926. 1925. 1925. 1926. 1925. * S % % $ * $ $ 231,919 248,862 1,335,371 1,295,500 9,760,567 9,039,300 58,301,173 54,917,383 11,408 2,027,634 1,957,057 12,185,617 12,001,418 11,630 63,381 65,890 259,853 12,684,372 11,952,242 76,577,676 72.992,335 275,425 1,499,817 1,475,564 22,276 2,006,956 2,016,229 10,472,891 10,072,269 44,839 128,222 179,814 34,634 34,424 3,032.888 2,906,088 L7,687,588 16,504,296 144,516 123,741 6,172 6,014 278,447 209,094 1,520,378 1,284,800 37,010 33,268 70,920 70,166 4,217,489 4,110,336 27,161,308 26,617,588 411,406 419,642 145,575 166,296 786,550 822,831 9,934,900 9,597,583 59.201.605 66,618,618 114,278 2,749,472 2,354,659 17,376,071 16,373,717 109,129 713,267 652,733 17,016 815,507 898,983 5,140,478 5,402,428 15,801 102,093 94,819 9 51 1.192 1,294 1,832 472 15,848 17,455 97,253 93,277 609,982 1,932,671 1,453,844 12,219,745 10.953,634 557.442, 58,078 68,436 1,900.007 1,483,259 12,354,463 11,278,406 422,063 410,800! 81 81 4,874 4,874 81 4,875 4,875 81 Y azoo & Mississippi Valley Lake Superior & Ish pem in g M -------- M o n th o f Ju ne -------- - —Jan. 1 to Ju ne 30— — — o n th o f June -------------- -J a n . 1 to J u n e 30— 1926. 192o. 1925. 1926. 1925. 1926. 1925. 1926. 8 $ 3 8 $ S $ % 265,144 193,594 1,788,867 1,493,941 9,359,416 8,861,200 707,209 677,989 1,672 1,938 25,792 24,392 343,018 239,675 1,684,232 552,913 309,401 223,917 818,224 2,264,783 1,837,832 11,752,387 11.035,190 781,652: 45,199 42,952 197,509 442,606 307,197 2,106,587 1,692,284 193,108, 23,328 24,587 434,026 147,675 332,460 2,221,512 1,898,661 154,081! 493 472 3,016 48,754 29,648 219,049 175,042 2,874| 62,505 47,804 259,913 249,121 859,126 643,186 4,468,254 4,044,340 136,211 123,016 637,186 1,882,672 1,363,277 9,348,416 8,071,398 630.215 173,190 100,901 181,038 382.061 151,437 474,555 2,403,971 2,9637692 11,599 1 1 ,5 1 1 7 4 ,1 3 0 1 6 0 ,3 5 6 1 2 9 ,6 9 9 7 7 0 ,5 4 2 7 1 .0 7 5 8 4 1 ,7 4 5 241 2,534 451 1,743 35 161,591 89,390 106,908 80,327 221,254 345,615 1,559,692 2,191,407 160,007 87,031 85,739 154,617 57,947 300,828 1,181,569 1,977,006 160 161 1,699 1,432 160 161 1,380 1,380 -------- M o n th In tern a tion al-G rea t Northern EARNINGS. L eh ig h V alley Form erly Missouri Oklahoma & G u lf -----M o n th o f J u n e - —-----M o n th o f Ju ne ------- —Jan . 1 to J u n e 30— 1926. 1925. 1925. ! 1926. 1925. 8 * $ 1926. 1925. 170,337 7,767,767 174,783 1,110,336 934.131 6,237,751 5,651,198 4,369 380,637 6,393 31,228 43,260 696,826 685,120 8,857,103 179,728 186,032 1,173,594 1,007,870 7,444,658 6,856,301 943,817 72,017 837,905 719,606 47,614 433,428 322,465 2,590,305 19,234 33,414 189,504 1,624,410 1,301,226 447,740 139,998 84,902 8.647 135,311 8,216 56,452 50,068 63,903 2,656,396 65,670 430,865 416,394 2,496,539 2,403,073 6,152,057 170,030 164,009 1,489,572 1,029,398 5,278,191 4,750,971 2,345,046 9,698 22,013 — 315,978 — 21,528 2,166,467 2,105,330 603,722 9,743 6,883 429,965 430,807 76,056 47,978 72 603 37 17 7,812 87 1,740,721 — 45 15,113 — 399,946 — 69,593 1,736,430 1,674,486 1,690,254 — 11,468 5,776 — 492,412 — 122,817 1,639,568 1,666,420 1,363 348 314 314 1,374 314 314 J u n e 30—■ Illin o is C en tral Syst em EARNINGS. L eh igh & New E n glan d ---- M o n th o f Ju ne ---------- Jan. 1 to J u n e 30— -----M o n th o f June ---------- J a n . 1 to J u n e 30— -----M o n th o f J u n e ---------- J a n . 1 to J u n e 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. 8 $ $ $ s s s 218,911 208,635 1,540,410 1,375,821 250,471 243,163 1,484,844 1,516,916 558,910 524,397 2,406,456 2,636,323 42,936 40,685 278,770 229,470 20,690 12,728 96,423 78,067 1,167 1,301 8,128 9,816 281,481 277,468 1,976,023 1,786,483 282,643 568,849 264,176 1,651,230 1,649,029 534,905 2,458,157 2,692,429 211,635 63,518 1,006,399 293,341 74,117 63,363 52,054 68,239 378,855 292,329 274,454 307,929 64,529 38,967 396,598 105,294 261,338 45,699 98,349 62,685 343,702 332,494 561,584 649,760 5,406 6,839 30,414 45,626 8,633 5,788 5,082 5,695 46,181 37,913 30,614 33,327 109,211 81,094 150,149 800,974 508,218 101,929 89,077 536,838 152,285 787,299 545,267 834,463 396,320 219,969 2,293,383 1,274,307 341,004 238,205 215,983 1,348,744 1,244,749 342,613 1,752,409 1,937,525 — 114,839 57,499 — 317,360 512,176 44,438 227,845 48,193 192,292 30,2486 705,748 404,280 754,904 25,652 24,193 153,917 159,391 25,277 7,000 7,000 32,790 42,000 41,619 116,974 110,701 237 88 2,515 917 686 423 927 — 140,728 33,218 — 473,792 351,868 37,438 40,507 195,055 260,063 361,734 167,015 588,774 644,203 — 151,617 26,582 — 583,071 187,583 274,899 1,810 162,779 18,317 627,472 36,780 237,878 667,543 307 307 307 219 307 219 465 465 219 465 465 219 • H ock in g Valley EARN INGS. [V ol. 123 RAILW AY EARNINGS Lake T erm in al — J a n . 1 to 1926. $ 31,031,866 3,697,372 37,419,866 4,070,776 8,057,758 762,935 15,060,934 28,974,099 8,445,767 1,957,791 9,036 6,478,940 5,645,090 1,363 J u n e 30— 1925. $ 31,744,605 3,638,863 38,373,699 4,113,391 7,800,832 722,833 15,085,114 28,758,682 9,615,017 2,100,063 0 5 ,3 3 9 7,520,293 6,924,431 1,374 Los A n geles & S a lt Lake -------- M o n th o f J u n e ------------— J a n . 1 to J u n e 30— 1926. 8 1,438,312 577,104 2,238,628 319,354 396,364 81,254 591,870 1,614,478 624,150 131,965 39 492 146 389,767 1,207 1925. 1926. 1925. 8 S S 1,320,226 8,609,405 8,049,154 581,966 2,344,990 2,395,000 2,119,529 12,031,366 11,488,015 284,585 2,393,348 1,869,200 356,305 2,440,279 2,294,251 74,570 431,384 415,819 658,311 3,762,650 3,886,132 1,526,602 9,951,321 9,256,577 592,927 2,080,045 2,231,438 134,661 795,153 828,949 4,202 441 458,266 1,280.690 1,402,048 380,962 751,885 967,455 1,207 1,207 1,207 L ou isian a & A rkansas 1 to J u n e 30—• 1926. 1925. * * 1,903,318 1,770,423 112,449 136,992 2,072,720 1,957,581 305,712 298,161 354,849 391.510 68,495 62,547 597,381 554,674 1,394,042 1,381,073 678,678 576,508 206,600 161,822 737 244 471,341 414,442 376,822 342,070 302 302 L o u i s i a n a R a i l w a y & N a v Co -------- M o n th o f J u n e --------■ —J a n . 1 to J u n e 30— 1926. 1925. 1926. 1925 $ 8 $ * 297,185 297,210 1,518,080 1,590.725 22,675 19,183 108,211 105,557 338,493 334,491 1,727,280 1,816,010 49,091 74,162 348,094 403,241 31,129 36,378 288,122 256,369 11,593 10,082 67,981 62,282 132,100 122,401 780,607 766,872 229,254 251,685 1,517,131 1,541,804 109,239 82,806 210,149 274,206 22,000 20,000 1 3 2 ,0 0 0 120,000 132 366 859 1,040 87,107 62,440 77,290 153,166 52,767 33,638 — 120,468 — 22,858 337 337 337 337 -------- M o n th 1920. 8 300,035 17,732 328,357 63,081 62,232 11,481 100,162 247,389 80,968 32,449 3 48,516 33,758 302 o f Ju ne -------- L ou isian a 1925. 8 275,532 19,070 304,706 29,008 69,589 11,187 83,825 208,794 95,912 26,489 21 69,402 57,909 302 - —J a n . Ry & N a v C o o f T e x a s -------- M o n th o f Ju ne -------- - - J a n . 1 to Ju ne 30— --------M o n th o f Ju ne ------------- —J a n . 1 to J u n e 30— 1926. 1926. 1925. 1926. 1925. 1926. 1925. 1925. 1926. 1925. $ 8 * $ * $ $ $ $ 8 80,315 64,121 559,956 518,987 6,590,254 6,311 801 5,664 7,679 34,157 46,123 1,186,374 1,069,869 91,346 77,593 124,021 106,382 627,044 554,303 602,399 568,379 8,546,824 8,173,272 14,900 13,234 16,460 17,044 76,077 88,233 111,656 113,827 1,536,208 1,624,480 18,882 18,733 17,206 15,220 101,691 108,556 100,671 1,435,698 1,447,367 108,227 2,901 3,052 19,045 196,533 217,320 18,920 47,900 55,792 47,546 308,788 59,009 321,625 299,220 329,506 3,524,130 3,250,461 90,676 84,572 95,888 91,934 ' 516,591 577,091 565,829 536,388 6,966,605 6,750,001 670 — 6,979 28,133 14,448 37,712 49,953 31,991 36,570 1,550,219 1,423,271 4,000 4,000 23,852 6,266 5,899 36,824 23,744 261,112 36,399 215,084 4 222 78 2,129 1.142 — 3,334 21,867 8,549 — 10,979 25,879 888 — 4,408 12,748 1,286,978 1,207,045 — 21,556 12,183 27,710 — 92,232 17,178 6,869 — 87,289 791,159 757,123 7,570 206 13 13 206 13 13 206 206 1,159 1,159 Lo u is v ilie & N a s h v i l l e L e h i y h & H u d s o n R iv e r K a n s a s C i t y M e x ic o & O r i e n t RR| -------- M o n th o f J u n e ------------ —Jan. 1 to Ju ne 30— -------- M o n th o f June ------------- —Jan. 1 to Ju ne 30— -------- M o n th o f Ju ne ------------- —J a n . 1 to J u n e 30—• 1926. 1925. 1926. 1926. 1925. 1926 1925 1925. 1926. 1926. 1925. 1925. j 8 $ 8 8 $ 8 $ $ % 8 $ S 283,158 233,601 1,464,206 1,465,761 9,553,975 8,831,502 57,265,839 52,335,216 155,202 176,744 792,474 1,277,759 1,736 3,036 13,010 16,376 1,937,889 1,929,058 11,146,815 10,860,743 40,662 43,716 8,001 9,451 248,371 1,615,329 1,557,991 12,159,857 11,470,306 72,414,217 67,375,849 298,518 888,765 1,365,915' 173,881 194,085 153,547 39,040 41,748 179,024 1,793,967 1,815,249 10,121,760 9,935,827 223,457 229,433 44,276 36,375 37,315 43,238 200,588 274,935 2,743,217 2,559,478 L6,500,850 15,849,709 40,860 56,135 248,725 317,470 258,489 243,072 1,502,670 1,467,288 2,172 1,913 11,376 12,465 7,872 5,083 41,787 33,658 609,321 104,073 89,495 588,282 3,961,322 3,833,962 25,593,828 24,119,228 68,748 389,472 76,956 481,045' 186,041 1,053,910 1,113,192 9,119,374 8,833,461 55,685,920 53,283,346 195,164 172,916 945,776 1,210,096) 177,695 561,419 103,354 62,330 444,799 3,040,483 2.636,845 16",728,297 14,092,503 — 3,814 21,169 — 57,011 155,819, 671,633 495,512 3,631,290 2,937,902 14,194 11,709 93,534 80,453 23,692 4,000 4,000 51,988' 6,697 1,206 44 14,240 12,722 1 327 26 946 50,621 467,885 364,302 2,362,153 2,140,127 13,082,767 11,141,879 89,160 16,842 — 86,729 — 7,815 102,885 27,819 63,841 316,711 215,608 2,433,178 2,172,222 12,900,646 11,136,020 2,938 1,347 19,497 — 27,605! 5,038 5,044 96 96 96 5,038 96 272 272 272 5,044 272, -------- M o n th 1926. S 1,155,299 222,132 1.496,584 283,193 235,171 31,940 544,744 1,155,742 340,842 50,822 334 289,686 214,435 1,159 o f June ------------- —Jan. 1 to Ju ne 30— 1925. $ 934,194 193,184 1,233,996 275,745 239,769 31,482 507,935 1,082,811 151,185 31,590 373 119,222 96,749 1,159 RAILW AY EARNINGS A ug., 1926] Louisville EARNINGS. Freight revenue_ _ _ Passenger revenue_ _ T ot., Incl. other rev. Expenses— Malnt.way Malnt. o f equipm’t Traffic expenses. . Transportation exp. Tot .exp.,Incl .oth. Net from railroad . . Taxes . . . . . . . Uncollectible revenue. Net after taxes, &c. Net after r e n t s _ _ Aver, miles o f r'd oper. EARNINGS. Passenger revenue_ _ T ot., Incl. other rev. Expenses— M aint.way Maint. o f equipm’t Traffic expenses Transportation exp. Tot .exp. .incl .oth. Net from railroad___ Taxes . _____ . . Uncollectible revenue. Net after taxes, &c. Net after rents . Aver, miles o f r’d oper. Freight r e v e n u e .._ _ _ Passenger revenue_ T ot./m cl. other rev. Expenses— Maint. way Maint. o f equipm't. _ Traffic expenses_ Transportation exp. Tot .exp., incl .oth. Net from railroad Taxes Uncollectible revenue. Net after taxes, &c. Net after rents.. Aver, miles of r’d oper. Freight revenue Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint.way Maint. o f equipm’t. Traffic expenses. Transportation exp. Tot .exp.,incl.oth. Net from railroad___ T ax es_ __ _ Uncollectible revenue. Net after taxes, &c. Net after rents.. Aver, miles of r’d oper. EARNINGS. Freight revenue. . Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm't. Traffic expenses_ _ Transportation exp. T o t.exp. ,incl .oth. Net from railroad__ Taxes___ . . Uncollectible revenue. Net after taxes, &c. Net after r e n t s ._____ Aver, miles of r’d oper. -----Month of June----- —Jan. 1 to 1926. 1925. 1926. $ S * 937,072 5,882,395 993,535 574,931 107,907 92,561 1,150,425 1,106,778 6,843,459 242,230 215,817 1,396,308 284,906 1,647,923 273,451 31,803 218,477 37,456 518,364 473,796 3,186,678 1,115,081 1.049,783 6.708,915 134,544 35,344 56,995 378,511 60,396 61,178 122 124 1,648 — 25,174 — 4,307 — 245.615 — 47,116 — 64,747 — 400,839 1,638 1,627 1,627 Freight revenue Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses_ _ Transportation exp. T o t.exp. .incl .oth. Net from railroad____ Taxes____ __ Uncollectible revenue. Net after taxes, &c. Net after rents. ___ Aver, miles of r’d oper. EARNINGS. New O rlean s G reat N orthern M obile & O hio M inn St Paul & S a u lt Ste Marie -----Month of June------- —Jan. 1 to June 30— 1926. 1925. 1926. 1925. % $ % # 3,199,504 3,003,426 16,916,294 16,898,943 604,262 2,875,363 2,861,463 573,048 4,157,730 3,974,856 21,606,410 21,479,315 677,794 3,185.845 3,131,374 669,897 771,279 700,492 4,448,765 4,224,323 76,152 413,389 73,198 443,485 1,493,221 1,429,411 8,769,899 8,808,686 3,170,280 3,027,994 17,671,916 17.338,237 987,450 946,862 3,934,494 4,141,078 229,454 235,561 1,393,154 1,439,603 502 1,634 3,700 4,781 757,494 709,667 2,537,640 2,696,694 639,995 654,975 2,004,561 2,116,791 4*400 4,402 4,400 4,400 -----Month of June----- —Jan. 1 to June 30— 1926. 1925. 1926. 1925. $ $ % S 113,561 106,626 697,326 669,152 9,170 10,388 58,017 67,690 127,344 121,444 782,373 766,231 25,238 14,991 118,027 100,414 26,381 23,919 155,141 131,407 8,640 7,144 46,767 42,024 34,599 33,023 212,009 215,740 103,151 88,508 579,754 541,388 24,193 32,936 202,619 224,843 8,631 11,312 57,231 60,987 10 2,109 15,562 21,614 145,388 161,747 24,497 184,672 30,077 184,168 161 164 161 178 M issouri & N orth A rkansas ---- Month of June------ —Jan. 1 to June 30— Freight revenue _ _ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint. way Maint. o f equipm’t. Traffic expenses_ _ Transportation exp. T ot. exp. ,incl .oth. Net from railroad____ Taxes ________ . Uncollectible revenue. Net after taxes, &c. Net after rents ______ Aver, miles o f r’d oper. 1926. $ 115,187 15,857 141,090 45,161 28,423 9,143 55,453 145,994 — 4,904 2,350 11 — 7,265 — 19,161 364 1925. 1926. $ $ 85,209 685,363 15,748 92,182 109,736 829,905 284,292 27,336 21,525 159,109 5,362 50,718 43,293 332,485 872,482 103,381 6,355 — 42,577 2,350 13,045 312 948 3,693 — 56,570 — 4,404 — 127,450 364 364 —Jan. 1 to 1926. $ 51,003,132 7,755,671 63,722,196 9,587,867 13,387,302 1,626,109 23,097,832 49.776.037 13,946,159 2,717,484 15,993 11,212,682 8,725,790 7,346 1925. * 593,162 90,573 734,220 163,548 130,437 31,153 294,281 661,111 73,109 10,869 810 61,430 7,585 364 June 30—■ -----Month of June----- — Jan. 1 to June 30— 1926. 1925. 1925. 1926. 1925. S S • « $ ? 223,161 187,129 1,327,224 1,206,306 49,617,751 27,630 27,368 7,942,695 153,267 150,747 258,974 223,805 1,526,793 1,409,867 62,392,574 33,063 44,618 9,127.003 182,874 221,921 57,737 39,592 307,909 12,899,727 240,859 6,977 5,951 42,221 1,506,527 38,343 72,649 66,828 24,156,223 444,116 445,860 181,268 166,642 1,046,057 1,010,329 49,993,566 77,706 57,163 12,399,008 480,736 399,538 19,167 21,292 2,389,957 113,928 120,549 126 103 16.571 488 333 58,413 35,768 9,992,480 366,320 278,656 47,548 25,809 7,251,688 286,836 218,733 274 274 7,337 274 274 New O rlean s Texas & Mex System New Orleans Texas & Mexico June 30— 1925. * -----Month of June----- — Jan. 1 to June 30— 1926. 1925. $ 1926. 1925. 326,901 278,041 1,580,312 1,451,493 7,898,466 36,191 34,284 777,467 199,370 184,300 372,337 9,210,421 319,838 1,839,130 1,696,360 39,757 40,759 1,330,951 244,861 259,241 77,278 59,779 1,685,381 402,847 328,112 8,857 7,954 298,843 55,491 46,979 93,599 75,530 3,284,125 512,125 442,941 234,132 195,716 1,303,801 1,137,635 6,871,488 138,205 124,122 2,338,933 535,329 558,725 26,586 15,747 533,459 154,736 124,735 96 177 2,329 378 3,145 111,523 108,198 1,803,145 380,215 430,845 156,140 166,085 1,503,990 655,893 827,983 191 191 191 191 1,161 B eaum ont S our Lake & W estern Mon o n g a h e la C on n e ctin g — Month of June----- — Jan. 1 to June 30—- -----Month of June----- — Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1926. 1925. 1925. S * $ $ $ $ $ 8 217,929 229,831 1,202,784 1,233 061 31,696 26,236 187,772 149,212 175,021 260,560 266,133 1,465,276 1,459,800 145,975 1,125,414 1,143,865 19,296 27,050 30.018 16,356 162,984 111,525 128,449 175,508 32,076 37,431 34,424 27,687 196,669 208,958 250,462 166,220 7,206 395 396 6,493 44,721 2,268 2,269 38,655 80,744 73,214 71,761 66,709 510,731 528,055 574,543 478,671 164,624 128,177 121,091 146,683 1,005,615 852,689 976,067 914,376 95,936 119,450 46,844 24,884 459,661 272,725 167,798 545,424 6,898 9,241 8,500 4,543 41,530 37,830 28,384 42,875 44 302 1,092 4,708 88,994 37,603 20,341 110,648 417,039 234,895 139.414 497,841 36,175 33,324 68,595 16,296 221,787 51,630 135,942 189,433 118 118 7 7 7 7 118 118 St. L ou is Brow nsville & Mexico M on tou r —— Month of June----- — Jan. 1 to June 30— -----Month of June- —■ — Jan. 1 to June 30— 1926. 1926. 1925. 1925. 1926. 1926. 1925. $ $ .« $ ' $ S 8 8 55,389 485,802 103,577 396,431 433,641 3,639,013 3,253,996 543,315 413 106,129 292 98,254 1,746 689,519 • 4,159 642,162 104,578 56,716 635,304 561,943 4,672,403 4,223,213 401,924 553,678 27,534 140,776 19,228 113,263 101,936 858,054 117,057 685,359 48,729 113,565 90,386 29,563 235,568 696,512 248,830 508,295 1,202 890 20,938 18,477 7,522 5,817 130,239 106,688 17,592 13,819 170,913 164,749 1,231,971 1,147,572 93,413 149,732 101,832 70,216 460,694 490,586 403,429 3,022,995 2,570,332 564,729 2,746 174,610 — 13,500 — 88,662 158,514 1,649,408 1,652,881 — 11,051 30,579 5,336 3,210 34,354 16,008 28,156 183,484 182,979 163 385 3 416 1,770 — 2,590 — 16,710 — 104,670 143,868 — 39,210 123,775 1,465,508 1,468,132 31,121 15,976 91,332 84,225 112,627 1,089,485 1,137,596 150,877 57 57 550 550 57 57 550 550 N ashville C h a tta n o o g a & St Louis New Y ork C h icago & S t. L ou is ---- Month of June---- — Jan. 1 to June 30— ■ — — Month of June---- —Jan. 1 to June 30— 1926. 1925. 1926. 1926. 1925. 1925. 1926. 1925. 8 * 8 S $ * $ s 1,320,349 1,289,159 8,785,243 8,384,637 3,979,403 3,850,095 25,194,898 24,677,340 372,589 372,931 2,295,380 2,301,412 210,597 187,475 887,642 892,462 1,837,009 1,803,996 11,932,464 11,593,954 4,345,518 4,208,587 26,974,187 26,497,148 295,647 347,231 1,928,585 1,880,707 702,557 694,621 3,367,925 3,387,779 419,143 428,368 2,441,449 2,637,829 890,940 598,974 5,229,676 4,917,012 74,450 76,950 122,506 478,988 468,121 125,624 733,217 724,800 654,270 661,299 4,332,065 4,240,746 1,495,600 1,445,187 9,377,782 9,425,118 1,523,964 1,589,953 9,667,746 9,689,926 3,373,284 3,023,697 19,641,630 19,349,326 313,045 214,043 2,264,718 1,904,028 972,234 1,184,890 7,332,557 7,147,822 75,000 60,000 250,947 450,000 246,647 1,506,362 1,483,276 360,000 207 172 132 2,700 1,232 1,075 7,553 6,108 237,838 153,871 1,813,643 1,542,796 721,155 935,543 5,818,642 5,658,438 227,483 516,710 130,553 1,715,544 1,406,469 733,743 4,890,648 4,969,301 1,259 1,259 1,691 1,259 1,695 1,259 1,691 1,695 June 30— -----Month of June----- — Jan- 1 to 1925. 1926. 1925. 1926. * $ $ S 5,908,353 1,388,185 1,234,549 8,516,803 628,087 109,719 118,369 677,347 6,931,383 1,572,223 1,432,910 9,688,717 1,370,648 249,057 212,266 1,365,264 1,633,852 295,173 292,539 1.832,371 184,987 53,312 52,534 308,826 3,271,450 526,832 497,888 3,328,986 6.742.758 1,171,002 1,102,933 7,109.933 188,625 401,221 329,977 2,578,784 387,287 86,932 114,727 613,362 1,309 655 42 3,333 — 199,971 285,839 243,003 1,962,089 — 507,879 256,076 215,508 1,674,367 1,638 1,161 1,161 1,161 Mississippi C entral EARNINGS. Nevada N orth ern -----Month of June------- —Jan. 1 to June 30— -----Month of June- —1926. 1925. 1926. 1925. 1926. 1925. $ $ $ $ $ $ 300,654 1,811,962 1,813,989 8,410,765 8,205,234 320,139 247,534 1,334,921 1,385,574 29,921 184,228 39,397 351,732 2,071,060 2,147,226 i0 ,578,179 10,381,546 359,986 351,650 1,706,975 1,733,946 67,293 323,998 73,118 286,791 2,227,5^6 2,038,110 219,339 36,272 49,037 36,801 6,329 38,558 294,129 285,197 6,953 639,728 3,677,415 3,888,545 102,255 528,120 83,423 1,419,042 8,248,551 8.315.017 218,816 241,370 1,220.763 728,184 2,329,628 2,066,529 110,362 850,297 141,170 100,625 444,902 16,771 108,247 20,375 308,527 817 64 173 2,738 3,628 626,742 1,881,988 1,754,374 741,877 120,795 93,527 514,214 1,466,796 1,348,555 75,415 634,670 104,390 364 364 364 364 7,347 7,337 M inneapolis & St Lo uis EARNINGS. M isso u ri-K an sa s-T exa s RR M issouri Pacific H enderson & St Louis -----Month of June----------Jan. 1 to June 30— In clu d in g W ich ita Falls & N orth w estern -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. —— Month of June-------- -Jan. 1 to June 30— 1926. 1925. 1926. 1925. S S % 1926. 1925. 1926. 1925. $ $ S S 75,492 69,413 378,458 419,309 211,976 1,455,604 1,392,483 2,252,785 2,178,002 12,829,799 12,812,944 219,120 8,012 9,815 48,147 55,240 420,785 414,996 2,266,743 2,375,667 52,140 314,828 319,684 52,973 90,872 85,749 468,220 511,889 289,344 281,834 1,868,132 1,823,577 2,858,268 2,803,157 16,296,449 16,451,790 10,351 18,739 73,744 103,474 325,129 272,458 1,597,509 1.606,706 305,731 83,042 421,600 69,987 34,689 5,037 6,761 45,420 242,697 597,064 3,980,187 3,547,835 712,675 45,510 40,117 283,166 870 1,031 5,220 318,964 5,780 55,572 43,342 69,460 367,301 7,842 7,536 45,010 14,507 16,125 89,589 705,943 4,360,928 4,474,650 102,005 587,619 699,588 96,783 621,525 86,961 37,067 46,831 232,522 289,911 242,957 213,945 1,434,534 1,256,434 1,890,119 1.734,672 10.877,315 10.556.380 53,805 38,918 235,698 567,143 221,978 968,149 1,068,485 5,419,134 5,895,410 46,387 67,889 433,598 8,760 10,476 59,233 62,857 105,687 197,721 116,905 1,232,966 1,054,180 108,250 14,768 14,436 14 20 6,473 5 8,742 18 241 840 1,779 29 173 45,031 28,437 176,445 461,215 159,103 769,588 949,801 4,177,426 4,834,757 53,424 325,175 31,619 44,396 29,534 182,520 161,373 384,921 933,687 4,394,656 4,841,247 282,263 777,827 26,881 44,135 1,799 165 165 165 199 1,799 1,799 165 199 1,799 199 199 N ew b u rgh & S o u th Shore M issouri- K a n sas-T ex as Ry of Tex Maine C en tral ---- Month of June------- —Jan. 1 to June 30— ---- Month of June---- —Jan. 1 to June 30—• -----Month of June— ■ —Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1925. 1926. 1925. 1926. 1926. 1925. $ $ $ S S S S $ • ? $ S S 1 203.286 1 111,283 7,261,170 7,254,749 1,130,230 1,005,342 6,821,844 7,429,633 377,601 375,996 2,001,895 2,152,301 346,715 1,898,680 1,870,513 334,718 171,127 163,735 999,984 1,029,072 1,713,208 1,638,957 10,070,267 10,039,544 1,642,035 1,521,096 9,671,838 10,473,018 36,422 31,489 117,815 356,552 314,317 1,560,101 1,588,837 116,394 305,851 287,256 1,596,795 1,578,843 39,918 33,889 247,152 283,529 1,313,408 1 ,665,941 210,287 280,258 1,949,631 1 ,935,585 230,296 286,133 76,904 50,983 47,114 256,370 81,180 272,778 12,990 16,407 65,303 635,572 3,994,597 4,208,040 58,126 652,763 425,504 405,117 627,166 598,914 4,084,325 3,964,566 145,534 127,593 814,728 1,288,797 1,232,006 8,023,255 7,856,383 l 1,326,269 1,343.859 7,564,122 8,151,571 779,227 25,593 36,142 185,256 315,766 177,237 2,107,716 2,321,447 424,411 406,951 2,047,012 2,183,161 249,845 13,498 12,651 602,298 78,851 362,043 80,084 596,536 52,500 317,008 77,971 102,105 100,383 6,762 333 710 139 258 588 4,726 100 12,095 23,491 1,785,982 1,952,642 105,172 252.556 97,798 306,429 1,450,218 1,580,530 171,874 322,206 13,816 29,051 — 79,947 125,370 110,337 792,097 783,601 200,438 310,946 1,367,809 1,530,290 319,997 7 7 1,121 1,207 1,389 1,389 1,389 7 1,121 1,389 7 1,207 M idlan d Valley EARNINGS. 9 RAILW AY EARNINGS 10 New Y o rk C en tral System EARNINGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’tTraffic expenses— Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ Uncollectible revenue. Net after taxes, &c. Net after rents----------Aver, miles of r’d oper. EARN INGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’tTraffic expenses— Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ Taxes_______________ Uncollectible revenue. Net after taxes, A c. Net after rents----------Aver, miles o f r’d oper. EARNINGS. New Y ork C entral R R . -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. 21,347,742 19,710,233 120597,643 113879,458 9,410,340 9,312,865 47,408,089 45,621,682 35,201,264 33,133,468 192331,582 182915,972 4,754,160 4,658,597 23,683.577 22,889,084 6,763,763 6,510,397 42,580,868 38,873,811 418,819 384,804 2,367,586 2,192,781 10,912,778 10,331,655 66,081,320 66,249,922 24,613,178 23,229,384 144800,176 137966,119 10,588,086 9,904,084 47,531,406 44,949,853 2,510,310 2,407,226 13,273,778 12,804,990 9,416 78,529 83,844 7,660 8,070,116 7,487,442 34,179,099 32,061,019 7,650,498 7,141,743 33,169,741 30,546,897 6,922 6,930 6,922 6,930 C in cin n a ti N orthern -----Month of June----------Jan. 1 to June 30— 1925. 1925. 1926. 1926. $ S S $ 380,834 2,203,649 2,075,019 380,290 49,359 39,654 8,478 6,777 397,670 400,025 2,287,818 2,170,905 259,925 253,903 50,248 50,498 383,152 402,550 60,943 67,161 35,072 36,410 6,198 5,651 712,400 758,910 117,575 119,066 255,928 244,216 1,515,207 1,448,942 721,963 141,742 155,809 772,611 140,337 26,252 150,076 25,209 150 31 28 116,533 129,529 622,504 581,476 447,159 417,756 89,596 76,701 244 244 244 244 Cleve C in C h ic & St L (in cl Peo & East) -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. s Freight revenue____ Passenger revenue. T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses— Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ 5,830,699 1,515,420 8,004,951 1,060,328 1,655,140 137,864 2,602,636 5,807,544 2,197,407 481,606 236 1,715,565 1,580,923 2,391 Uncollectible revenue. Net after taxes, &c. Net after rents_______ Aver, miles o f r’d oper. EARNINGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses— Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ T ax es_______________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles of r’d oper. EARNINGS. Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . _ Traffic expenses_ Transportation exp. T o t. exp. ,incl .oth. Net from railroad____ Taxes_______________ Uncollectible revenue. Net after taxes, &c. Net after rents----------Aver, miles o f r’d oper. EARN INGS. $ s 5,425,713 33,624,498 1,499,270 7,863,505 7,555,253 45,327,808 1,026,268 4,989,533 1,518,802 9,747,747 127,212 779,940 2,567,826 16,436,690 5,523,447 34,073,908 2,031,806 11,253,900 457,036 2,690,918 ------16,911 2,048 1,572,722 8,546,071 1,411,059 8,052,531 2,391 2,398 Ind ian a H arbor Belt -Month o f June----------Jan. 1 to 1926. 1926. 1925. S $ $ New Y o rk New H aven & H artford -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. * $ $ S 6,052,313 5,734,480 33,546,086 32,449,489 4,255,579 4,154,865 24,084,787 23,652,295 11,605,928 11,111,739 65,128,006 63,143,994 1,919,626 1,704,191 8,698,458 7,773,413 2,353,477 2,270,164 13,582,902 13,397,022 79,327 81,143 452,938 426,374 3,819,784 3,729,612 23,103,204 23,109,869 8,659,756 8,262,656 48,658,982 47,390,681 2,946,172 2,849,083 16,469,024 15,753,313 457,621 416,499 2,691,496 2,413,705 1,921 1,690 6,365 9,938 2,486,630 2,430,894 13,771,163 13,329,670 1,922,721 1,914,462 10,759,068 10,374,317 1,918 1,935 1,918 1,952 New Y o rk O n tario & W estern -----Month of June----------Jan. 1 to 1926. 1925. 1926. $ S $ 993,773 772,333 4,173,222 199,258 251,470 736,605 1,398,098 1,239,635 5,927,292 187,104 166,699 725,125 254,611 223,955 1,281,672 16,401 17,068 95,615 520,436 472,311 2,644,359 1,018,238 922,880 4,964,121 379,860 316,755 963,171 50,000 39,000 300,000 7 137 190 329,853 277.618 662,981 264,886‘ 235,379 361,514 569 569 569 June 30— 1925. S 4,127,744 784,044 5,942,575 810,805 1,274,225 99,970 2,726,106 5,151,924 790,651 262,000 443 528,208 297,013 569 New Y o rk S u sq u e h a n n a & W e s t’ n — -Month of June--------- Jan. 1 to June 30— s 32,202,659 7,689,236 43,557,739 5,010,947 8,936,395 742,455 15,934,620 32,196,571 11,361,168 2,642,062 12,141 8,706,965 8,011,815 2,398 Freight revenue______ Passenger revenue— T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses— Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ Uncollectible revenue. Net after taxes, &c_ Net after rents_______ Aver, miles of r’d oper. 2,332,816 2,069,039 14,121,044 236,899 240,112 1,424,613 2,671,018 2,404,290 16,130,916 385,613 382,679 2,192,010 761,968 5,192,637 903,336 146,584 20,953 22,185 776,227 5,219,614 839,819 2,239,437 2,014,595 13,252,556 389,695 2,878,360 431,581 150,577 1,033,600 143,900 649 1,945 238,469 1,842,815 287,681 571,310 4,136,630 639,181 231 231 231 462,894 57,887 67,369 4,736 185,071 327,964 134,930 29,234 105,690 92.250 135 468,604 51,726 48,190 4,367 202,027 318,268 150,336 28,900 176 121,260 106,853 135 2,470,595 313,785 363,311 26,881 1,183,753 1,960,778 509,817 175,404 548 334,365 253,459 135 2,520,960 282,010 351,095 24,942 1,235,255 1,961,606 559,354 171,053 2,245 386,056 295,021 135 N orfolk & W estern June 30— -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1925. $ S S % S 8,949,335 7,542,450 48,985,484 41,648,722 641,185 676,440 3,636,830 3,884,479 5,321,884 9,892,756 8,552,711 54,564,563 47,436,916 568,343 1,466,013 1,066,959 7,493,255 6,428,502 721,315 1,680,782 1,875,775 10,405,670 10,781,354 109,343 97,933 644,922 585,728 29,605 2,278,880 2,380,770 2,219,412 14,406,753 13,723,781 3,733,358 5,927,989 5,423,655 34,047,539 32,537,893 1,588,526 3,964,767 3,129,056 20,517,024 14,899,023 825,000 600,000 4,575,000 3,600,000 221,341 0 6 5 0 ______ 306 6,816 1,795 2 ,2 2 2 1,364,963 3,140,417 2,528,750 15,935,208 11,297,228 782,933 3,395,985 2,721,773 17,638,998 12,348,426 2,241 2,241 2,241 2,240 116 14,062,545 1,439,589 16,081,610 2,092,036 4,969,413 139,890 5,251,124 12.889,314 3,192,296 1,032,477 927 2,158,892 4,309,897 231 New Y o rk C on n ectin g -----Month o f June----- — Jan. 1 to June 30— 1926. 1925. 1925. 1926. S $ $ $ Freight revenue______ 183,236 179,970 1,172,357 1,176,156 Passenger revenue___ T ot., incl. other rev. 211,294 1,355,107 1,343,815: 216,149 Expenses— Maint .way 78,5431 23,479 136,451 29,250 Maint. of equipm’t . 14,031 13,324 77,590 66,708 _ Traffic expenses_ Transportation exp. 50,108 47,437 309,209 297,986 T o t. exp. ,incl .oth. 85,626 532,239 451,025 94,751 Net from railroad____ 125,668 121,398 822,868 892,790 41,250 38,800 229,600 244,000 Uncollectible revenue. Net after taxes, &c. 84,418 648,790 82,598 593,268 Net after rents.. 89,242 77,746 578,517 592,0971 Aver, miles of r’d oper. 20 20 20 20) EARNINGS. P en n sy lv an ia Railroad In cl Penn C om pan y, G ran d R apids & Indian a and P C C & St L ---- Month of June----------Jan. 1 to June 30— 41,252,854 37,870,303 235953,756 218702,033 12,613,818 12,023,024 70,646,380 69,997,735 59,364,630 54,767,223 336815,499 317,798930 7,530,084 6,852,001 44,641,979 39,532,100 13,546,163 12,882,429 80,869,129 80,868,767 770,483 697,869 4,233,773 3.975,472 20,355,155 19,279,713 125788,333 120915,608 44,478,717 41,869,317 269308,888 258595,851 14,885,913 12,897,906 67,506,611 59,203,079 3,425,281 3,093,997 15,094,398 13,634,509 10,284 22,419 137,193 136,915 11,450,348 9,781,490 52J75.020 45,431,655 10,022,235 8,296,024 44,567:706' 38,022,978 10,518 10,507 10,518 10,507 B altim ore C hesapeake & A tla n tic Month of June----------Jan. 1 to June 30— 1926. 1925. 1925. 1926. $ * $ % 85,658 81,561 410,711 418,096 36,708 37,505 162,252 149,041 130,406 127,322 596,643 619,772 21,161 17,959 70,979 79,436 54,703 32,349 241,717 227,038 2,827 3,144 10,330 11,503 81,980 81,264 443,667 454,162 164,485 138,633 787,211 793,390 — 34,079 -11,311 -190,568 — 173,618 5,111 11,870 3,295 7,651 Cr6 322 58 — 39,190 -14,600 — 202^760 — 181^327 — 37,969 — 13,586 -207,007 -187,561 130 130 130 130 L on g Island — -Month of June-— — Jan. 1 to June 30— 1926. 1925. 1926. 1925 S 864,597 5,441,333 589,169 108,779 729,430 113,129 28,896 3,967 330,445 2,397,635 577,962 3,922,386 286,635 1,518,947 41,921 267,020 4,223 443 244,271 1,247,704 931,862 167,116 116 116 M ichigan Central N orfolk S o u th e rn -----Month of June----------Jan. 1 to June 30— -----Month of June— - — Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. * S * $ 5,677,276 5,371,885 32,619,293 29,948,318 813,355 592,274 4,293,220 3,723,945 2,151,993 1,994,646 10,249,883 9,524,797 74,564 85,715 407,095 481,726 8,651,105 8,069,508 47,482,732 43,728,336 930,754 721,208 4,956,083 4,467,972 876,048 5,068,783 4,914,228 1,112,681 111,377 107,975 628,354 605,994 1,475,245 1,440,686 9,083,976 8,896,830 126,069 120,695 743,311 648,128 107,290 671,956 631,475 113,930 25,133 23,045 140,398 139,756 2,497,233 2,352,798 15,167,131 14,624,440 323,218 276,883 1,832,973 1,788,390 5,540,112 5,020,726 32,067,254 30,473,070 557,685 3,448,006 3,354,814 3,110,993 3,048,782 15,415,478 13,255,266 163,523 1,508,077 1,113,158 573,846 548,472 3,031,963 2,699,423 44,087 295,827 264,523 3,202 4,378 14,187 14,968 297 2,687 11,443 2,533,945 2,495,932 12,369,328 10,540,875 J68J31 119,139 1,209,563 837,192 2,386,238 2,445,486 11,630,966 10,679,117 212,476 82,185 946,149 609,178 1,862 1,871 1,862 1,871 931 931 931 931 P ittsb u rg h & Lake Erie N orth w estern Pacific — Month o f June----------Jan. 1 to June 30 -----Month of June--------- Jan. 1 to June 30— 1926. 1925. 1926. 1925. 953,472 109,551 105,997 4,457 370,335 616,785 336,687 52,867 332 283,488 198,106 116 [V ol. 123. N orth ern Pacific -----Month of June----------Jan. 1 to 1926. 1925. 1926. % <£ j $ 6,093,044 5,535,463 34,175,056 1,407,492 1,515,446 5,969,350 8,329,469 7,836,717 44,058,420 1,423,844 1,465,346 7,080,945 1,466,400 1,526,673 8,767,986 226,463 201,588 1,336,763 2,676,292 2,594,386 15,723,336 6 J 26,425 6,135,777 34,756,963 2,203,044 1,700,940 9,301,457 788,005 708,852 4,096,750 503 2,762 8,594 1,414,536 _989,326 5 4 9 6 ,113 1,764,615 1,282,702 7,525,551 6,682 6,694 6,682 1,057,732 2,380,051 3,669,087 468,732 549,122 34,719 1,352,807 2,505702 1,163,385 281,530 s s s 916,108 5,504,498 5,062,311 2,436,946 11,398,814 10,731,296 3,602,897 18,204,141 17,063,138 441,695 2,673,707 2,370,227 480,983 3,170,843 2,984,420 29,165 168,780 133,174 1,311,605 7,976,979 7,624,765 2,339,343 14,510,738 13,598,551 1,263,554 3,693,403 3,464,587 268,986 792,217 756,920 202 15,717 3,788 21,979 881J353 978,851 2,897,398 2,685,688 599,181 848,115 1,821,988 2,301,879 397 397 397 397 M onon gahela — 'Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. * S S * 484,141 434,474 3,005,608 2,423,511 18,839 21,196 135,623 507,159 460,584 3,182,652 2,596,726 62,500 62,500 375.000 375.000 65,000 65,000 390.000 390.000 1,020 1,053 6,540 7,289 117,175 115,177 907,549 704,221 254,045 253,583 1,731,291 1,534,245 253,114 207,001 1,451,361 1,062,481 28,000 16,000 145,000 96,000 180 924 351 224,934 191,001 1,305,437 966,130 159,841 131,577 846,592 619,448 130 129 130 131 T oled o Peoria & W estern -----Month of June----- — Jan. 1 to June 30— 1926. 1925. 1926. 1925. $ S % 8 97,104 94,219 506,239 562,203 15,623 21,511 120,238 150,081 122,037 127,606 681,684 774,899 29,010 28,496 131,048 152,664 30,580 24,929 174,407 224,143 2,008 2,267 11,102 13,560 65,041 63,325 376,349 414,884 133,058 126,393 732,766 847,299 — 11,021 1,213 — 51,082 — 72,400 7,700 6,000 44,100 36,000 20 5 88 52 — 18,741 — 4,792 — 95,270 — 108,452 — 27,266 — 8,478 — 113,428 — 148,405 248 247 248 247 W est Jersey & Seashore -----Month of June-------- -Jan. 1 to June 30— 1926. 1925. 1926. 1925. $ t $ $ 459,900 426,748 2,438,877 2,349,094 580,896 675,633 3,027,465 3,156,119 1,089,795 1,169,911 5,720,178 5,850,573 214,270 156,025 1,212,535 976,435 160,789 179,875 912,375 951,339 21,359 19,074 96,741 88,797 454.756 453,749 2,655,318 2,773,879 882,041 837,365 5,037,269 4,949,551 207,754 332,546 682,909 90i ,022 127,395 118,768 264,045 246,165 23 92 1,296 656 80,336 213,686 417,568 654,201 53,173 182,169 273,769 502,283 378 368 378 368 Peoria & Pekin U n ion June 30— -----Month of June------- —Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1925. $ S S S 19,627 21,009 32,062,656 128,822 156,468 1,879 1,940 6,180,816 15,273 19,824 134,490 135,569 42,138,293 875,051 938,225 29,907 33,841 6,691,001 99,338 125,774 15,167 12,865 8,894,843 84,457 106,554 1,133 1,017 1,064,057 5,516 5,048 55,359 55,220 16,067,587 370,636 424,403 109,803 111,115 34,725,420 609,497 710,383 24,687 24,454 7,412,873 265,554 227,842 20,000 16,000 104,000 4,040,426 96,000 1------4,687 8,454 161,554 131,842 42,432 30,434 314,125 257,548 19 19 19 19 A ug., 1926.] Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint. way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. T o t.exp., lncl .oth. Net from railroad___ Taxes_______________ Uncollectible revenue. Net after taxes, &c. Net after rents_______ Aver, miles o f r’d oper. EARNINGS. Freight revenue _ _ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses_ _ Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ Taxes. . ____ Uncollectible revenue. Net after taxes, &c. Aver, miles of r’d oper. St L ouis S outhw estern Successors to P hiladelphia & R eading -----Month of June----------Jan. 1 to June 30— -----Month of June----------Jan. 1 to June 30— -----Month of June----------Jan. 1 to June 30— 1926. 1926. 1926. 1925. 1926. 1925. 1826. 1925. $ $ $ $ 1926. 1925. 1926. 1925. 3,150,068 2,904,832 18,206,401 16,094,493 7,043,742 6,537,730 40,448,749 38.787,613 1,217,074 1,157,415 7,566,104 7,517,702107,101 114,874 675,338 739,834 780,936 771,447 4,694,509 4.975,914 333,105 376,024 1,838,620 1,987,082 3,737,120 3,523,184 21,424,338 19,439,612 8,219,290 7,672,947 47,359,487 45,927,507 1,396,725 1,344,285 8,701,481 8,740.528 223,828 177.534 1,311.569 1,232,839 606.5S9 534,27*9 2,199,647 2,338,812 1,389,146 1,023,946 6,781,866 5,707,237 253,488 307,955 1,589,970 1,896,151 748,583 765,383 4,561,917 4,456,321 1,875,392 1,790,296 10,693,485 10,682,391 57,617 50.583 343,903 305,224 57,498 312,327 74,378 460,855 421,546 51.337 328,525 93,279 355,557 348,330 2,251,880 2,210,791 1,204,620 1,166,396 7,531,441 7,198,596 2,769,986 2,650,361 17,185,771 17.007,914 964,689 961,861 5,941,704 6,105,965 2.716,408 2,630,844 15,371,201 14,934,341 6,326,035 5,731,063 36,209,851 34,857,333 432,036 382,424 2,759,777 2,634,563 1,020,712 892,340 6,053,137 4,505,271 1,893,255 1,941,884 11,149,636 11,070,174 63,868 44,579 387,516 206,122 192,678 1,196,808 909,852 432,092 361,675 2,671,601 2,199,607 321,568 85 152 567 935 2,296 1,667 419 2,276 12,201 115 1,099 6,150 368,083 337.693 2,371,694 2,311,896 814,171 697,386 4,850,179 3,583,218 1,461,048 1,579,274 8,475,739 8,868,900 286,455 262,055 1,866,826 1,830,279 729,407 588,688 4,137,313 3,172,217 1,549,879 1,715,528 9,380,869 9,522,257 940 940 1,138 1,139 1,137 1,139 940 2,243 2,263 2,263 2,250 945 St L ouis S ou th w estern Ry o f Texas R ich m o n d Fredericksb & Potom ac Perkiom en -----Month of June----------Jan. 1 to June 30— -----Month of June----------- Jan. 1 to June 30— -----Month of June---------- Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1926. 1925. 1926. 1925. 1925. $ $ $ $ $ $ $ $ $ $ $ S 474.605 483.809 0 783 331 9 Q3K 706 IlfifiQQ 111.191 69.^ 106 17 7ns J 7ft m i 3 U4.fi9,S 2 1Q 5ft4 V A 574,222 58,967 69,064 4,907 5,772 323.731 289,809 2,521,508 2,277,107 341,888 28,636 34,995 417,444 580,300 597,230 3,413,418 3,633,574 120,116 630,968 1,122,983 1,033,806 6,884,694 6,583,583 125,080 673,988 150,901 136,013 142,114 127,469 1,043,736 18,351 588,364 635,350 13,355 62,404 58,173 872,193 126,469 163,082 193,121 176,204 1,071.417 985,471 6,463 5,093 31,437 774,255 1,050,399 38,127 27,042 112 9,095 8,267 52,437 53,089 21,470 112 649 649 148,584 135,940 245,822 45,937 42,516 376,603 341,779 2,224,899 2,091,017 248,619 1,464,334 1,503,066 279,381 273.458 579,109 727,607 4,387,289 4,151.122 783,918 593,475 3,633,339 3,769,088 72,373 61,909 387,276 368,691 1,191 52,707 339,065 306,199 2,497,405 2,432,461 58.207 286,712 262,277 3,755 — 219,921 — 135,514 33,558 53,783 381,935 65,745 480,376 6,885 5,054 43,965 31,068 26,750 172,308 160,500 82 46 11 199 108 108 8 765 1,555 — 32,499 273,274 252,405 2,016,830 2,050,418 45,822 242,739 231,209 — 23,103 — 392,994 — 297,569 53,153 23,995 213,205 202,528 1,681,057 1,641,548 40,374 48,486 211,223 201,397 21,027 — 53,656 — 21,232 807 117 117 117 117 41 41 41 41 807 807 807" P ittsb u rgh & Sh aw m u t EARNINGS. ----- Month of June----------- Jan. I to June 30— 1926. S Passenger revenue_ _ T ot.,i ncl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses___ Transportation exp. T ot. exp. ,incl .oth. Net from railroad____ Taxes_______ Uncollectible revenue. Net after taxes, &c. 2,140 143,675 22,075 40,721 1,681 37,153 109,002 34,673 184 34.489 42,174 102 Aver, miles of r’d oper. 1925. S 1926. $ 2^228 91,795 14,139 31,098 1,419 27,903 81,196 12,599 155 20 10,424 12,404 102 25,613 814,771 107,842 257,231 8,518 223,955 639,590 175,181 1,034 174,147 242,866 102 1925. 1925. 374,017 5,472 412,329 70,379 91,081 8,115 71,155 271,458 140,871 55,350 366,012 6,266 405,059 60,879 90,270 6,293 76,406 263,855 141.204 38,018 85,521 172,450 92 103,186 163,333 92 $ Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. Net from railroad___ Taxes ________ Uncollectible revenue. Net after taxes, &c. Net after rents.. Aver, miles o f r ’d oper. 1926. 1925. 2,182,352 36,267 2,429,136 230,705 538,632 48,123 468,027 1,475,853 953,283 308,418 74 644,791 1,119,197 92 s 2,036,249 44,548 2,286,139 237,033 558,598 35,907 447,936 1,459,689 826,450 242,548 $ s 583,902 923,579 92 P ittsb u rgh S h a w m u t & N orth ern EARNINGS. ----- Month of June----------- Jan. 1 to June 30— 1926. 1925. 1926. 1925. 172,256 2,507 179,193 42,261 31,881 1,600 59,285 140,949 38,244 3,011 135,754 2,326 142,263 27,045 37,273 3,208 47,973 121,220 21,043 2,673 832,870 22,547 875,134 142,315 212,962 11,716 318,306 721,195 150,939 16,215 35,233 22,097 210 18,370 11,159 210 882,229 18,347 922,885 164,447 206,768 10,435 346.004 761,840 161,045 18,112 64 142,869 85,903 210 $ Freight revenue______ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses___ Transportation exp. T ot . exp . ,incl .oth . Net from railroad____ Taxes_______________ Uncollectible revenue. Net after taxes, & c. Net after rents. ____ Aver, miles of r’d oper. $ $ $ 134,724 106,313 210 Port R eadin g EARNINGS. ----- Month o f June----------- Jan. 1 to June 30— 1926. $ Freight revenue _____ Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses_ _ Transportation exp. T ot. exp. ,incl .oth. Net from railroad____ Taxes __ Uncollectible revenue. Net after taxes, &c_ _ Net after r e n t s ._ Aver, miles o f r’d oper. 139,934 179,063 35,737 7,777 229 62,373 111,676 67,387 16,753 10 50,624 — 2,727 19 1925. S 132,243 1926. S 989,892 191,729 32,773 1,284,166 146,272 50,679 1,374 466,125 681,551 602,615 96,711 83 505,821 109,998 19 . 13,811 229 61,718 114,152 77,577 15,397 62,180 — 6,681 19 1925. $ 879,921 1,167,934 135,356 49,913 1,374 409,261 612,691 555,243 96,433 458,810 37,188 19 Q u in cy O m aha & K a n sa s C ity EARN INGS. ----- Month of June----- 1926. Freight r e v e n u e .. ___ Passenger revenue___ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses___ Transportation exp. T ot . exp ., incl .oth . Net from railroad____ Uncollectible revenue. Net after taxes, & c. Net after r e n t s ._____ Aver, miles o f r’d oper. 69,542 12,049 89,535 38,338 14,969 832 34,431 91,542 — 2,007 5,466 — 7,473 — 10,182 249 1925. 56,876 13,668 77,435 31,657 9,716 667 43,584 88,210 — 10,775 4,631 —Jan. 1 to June 30— 1926. 1925 297,851 96,730 441,171 176,034 92,517 5,066 209,629 498,334 — 57,163 31,963 1926. s 211 ftfiQ 91,098 539,262 135,600 111,527 11,472 205,510 480,179 59,083 26,333 29,156 592,590 84,168 198,392 8,277 180,200 511,277 81,313 11,859 209 69,245 102,199 102 ----- Month o f June----------- Jan. 1 to June 30— 1926. R u tla n d S a n A n to n io Uvalde & G u lf ----- Month of June----------- Jan. 1 to June 30— ----- Month of June----------- Jan. 1 to June 30— $ P ittsb u rg h & W e st Virginia EARNINGS. S t L o u is S o u th w estern System R eadin g Com pany Pere M arquette EARNINGS. 11 RAILW AY EARNINGS 283,265 99,699 426,788 155,546 82,835 4,700 262,625 520.190 — 93,402 27,793 3 — 15,406 — 89.126 — 121,198 — 18,108 — 105,385 — 137,800 250 250 250 32.750 42,964 413 St 1925. $ 31 ft AftA $ 1 Q2Q HIH 1926. 1925. 89!610 544,782 113,089 99,674 10,324 211,380 450,112 94,670 27,273 4 67,393 72,576 413 ’6041506 3,260,427 602,949 673,940 61,718 1,320,514 2,750.871 509,556 163,693 66 345,797 403,574 413 1,851,931 561,085 3,057,055 568,555 659,368 58,395 1,336,166 2,714,540 342,515 138,899 308 203,308 269,855 413 L o u is-S a n Francisco $ 1926. 1925. 1926. 1925. 22,109 171,321 25,707 19,448 3,387 68,326 122,333 48,988 3,750 16 45,222 27,614 318 13,880 105,164 16,796 16,016 5,094 45,609 90,794 14,370 3,536 125,699 963,593 172,897 122,402 21,117 314,839 667,689 295,904 21,441 64 274,399 171,393 318 95.835 986.826 127,16792,273 29,217 314,997 602,288 184,538 21,784 482 162,272 95,186 318 $ System St L ouis-San F rancisco ----- Month of June----------- Jan. 1 to June 30— s 10,834 2,377 318 s s Seab oard A ir Line ----- Month of June----------- Jan. 1 to June 30— 1925. 1926. 1925. 1926. 1925. 1926. 1925. $ $ $ * 5,412,932 5,218,810 32,049,943 30.979,043 3,857,277 3,363,104 24,874,259 21,346,830 1,353,090 1,418,630 7,590,229 7,892,317 838,833 818,385 7.088.726 5.728.530 7,289,651 7,144,101 42,785,967 41,843,014 5,118,038 4,584,698 35,095,514 30,137,491 1,026,241 919,917 5,286,303 4,863,965 686,838 620,627 4,575,501 3,910,123 1,483,975 1,423,623 8,527,058 8,294,804 891,264 787,324 5,388,334 4,982.512 121,579 108,913 194,971 658,757 623,582 173,736 1,218,269 1,022,906 2,321,271 2,312,636 14,590,555 14,599,529 1,853,949 1,702,954 13,090,945 11,457,988 5,116,041 4,981,527 30,303,564 29,659,183 3,882,766 3,516,138 26,009,155 22,865,735 2,173,610 2,162,574 12,482,403 12,183,831 1,235,272 1,068,560 9,086,359 7,271,756 403,337 397,482 2,251,738 2,162,350 290,000 230,000 1,740,000 1,360,000 1,565 666 2,985 9,089 15,919 2,860 5,062 9.654 1,768,708 1,762,107 10,221,576 10,005.562 944,606 835,700 7,341,297 5,902,102 1,792,633 1,716,167 10,254,685 9,868,732 901,447 779,436 5,561,487 4,878,027 4,986 3,928 4,902 4,902 4,986 3,778 3,928 3,760 Fort W orth & R io G rande S o u th e rn R ailw ay System ----- Month of June----------- Jan. 1 to June 30— S ou th ern R ailw ay System 1926. 1925. 1926. 1925. ——Month of June-----------Jan. 1 to June 30— $ $ $ % 1926. 1925. 1926. 1925. 70,319 60,053 465,904 490,643 11.866,078 11,146,383 73,266,460 68,099,769 15,364 19,831 90,951 110,474 3,427,966 3,348,114 19,745,281 18.802.873 95,701 90,422 615,806 660.206 16,766,830 15,841,823 102110,603 95,170,609 28,788 18,927 142,648 131,161 2,296,562 2,364,903 14,325,472 13,701,732 20,058 21,491 121,990 136,687 2,901,725 2,767,953 17,850,644 16,598,454 3,615 349,421 3,339 20,358 19,235 333,030 2,089,107 1,929,868 52,991 48,360 317,189 332,337 5,321,244 5,153,194 34,269,027 32,100,709 111,090 96,496 11,430,917 11,159,933 71,926,694 67,578.828 634,038 648,178 — 15,389 — 6,074 — 18,232 12,028 5,335,912 4,681,889 30,183,909 27,591,781 4,149 4,033 24,895 24,137 1,095,914 916,246 6,681,079 5,640,683 43 5,089 175 6,471 179 23,934 25,283 — 19,538 — 10,150 — 43,302 — 12,288 4,234,908 3,759,171 23,478,895 21,925,814 — 27,363 — 17,673 — 91,898 — 67,005 4,093,184 3,663,295 21,516,681 20,731,051 233 233 ,8,110 233 8,212 233 8,110 8,212 St L ouis San F ra n cisco & Texas S ou th ern Railw ay ----- Month of June----------- Jan. 1 to June 30— ----- Month of June----- —Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. $ s s s $ s S $ 126,973 116,422 791,884 901,174 8,971,253 8,185,872 55,074,837 50,939,590 12,121 12,894 72,160 75,871 2,667,546 2,586,785 15,081,056 14,483,981 144,894 135,585 899,507 1,011,723 12,660,248 11,712,566 76,238,487 70,998,829 35,362 23,660 144,053 148,459 1,716,835 1,805,787 10,757,654 10,387,845 24,814 25,083 148,746 168,965 2,148,943 2,129,266 13,488,055 12,704,492 4,893 5,036 30,327 254,339 30,035 241,737 1,502,530 1,420,519 54 ,010 53,736 332,685 368,861 4,095,081 3,942,665 26,127,316 24,673,006 126,308 114,335 699,795 759,989 8.636,142 8,531,164 54,387,260 51,604,038 18,586 21.250 199,712 251,734 4,024,106 3,181,402 21,851,227 19,394,791 2,370 2,335 14,193 14,093 ■ 800,753 650,434 4,904,938 4,178,445 48 2,242 4.268 448 6,416 19,675 18,606 16,216 18,867 183,277 237,193 3,219,085 2,524,552 16,926,614 15.197.740 — 8,009 — 4,200 40,574 88,227 3,135,117 2,520,310 15,709,694 14,592,464 137 137 137 137 6,790 6,868 6,790 6,868 St Louis T ran sfer Alabama Great S ou th ern ----- Month of June----------- Jan. 1 to June 30— 1926. 1925. 1926. 1925. Now included in Terminal Railroad Association of St. Louis 1926. 638,911 181,255 876,734 119,389 180,370 20,869 258.186 610,009 266,725 59,470 139 207,116 232,781 318 S 8 638,396 3,978,198 3,772,656 181,284 936,891 928,366 866,474 5,241,898 4,993,438 152,360 758,296 729,936 150,909 1,053,443 960,204 20,910 126,400 122,796 258,721 1,601,837 1,557,270 610,547 3,724,633 3,551,493 255,927 '77517,265 “ 174417945 59,056 351,813 296,491 3 742 1,225 196,868 1,164,710 1,144,229 204,881 1,227,790 1,243,959 318 318 31S 12 EARNINGS. Freight revenue. _ _ Passenger revenue_ _ T ot., incl. other rev. Expenses— Malnt.way Malnt. o f equipm’t Traffic expenses— Transportation exp. T o t. exp. ,incl .oth. Net from railroad____ T a x e s.. . . ---------Uncollectible revenue. Net after taxes, &c. Net after r e n t s . ------Aver, miles of r’d oper. EARNINGS. Freight revenue . . . . Passenger revenue— T ot., incl. other rev. Expenses— Malnt.way Maint. o f equipm t . Traffic expenses— Transportation exp. T o t.exp. ,incl .oth. Net from railroad-----Taxes_____ . ... Uncollectible revenue. Net after taxes, &c. Net after rents Aver, miles of r d oper. EARNINGS. Freight revenue.. . . Passenger revenue_ _ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm t. Traffic expenses_ _ Transportation exp. T o t. exp. ,incl .oth. Net from railroad___ Taxes . . Uncollectible revenue. Net after taxes, &c. Net after r e n t s . _ __ _ Aver, miles of r d oper. EARN INGS. Freight revenue_ __ _ Passenger revenue— T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses— Transportation exp. Tot .exp.,incl .oth. Net from railroad___ Taxes Uncollectible revenue. Net after taxes, &c. Net after rents— Aver, miles of r’d oper. EAKNIN&S. Freight revenue _ _ Passenger revenue___ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’tTraffic expenses— Transportation exp. T o t. exp. ,incl .oth. Net from railroad____ Taxes_______ . . Uncollectible revenue. Net after taxes, &c. Net after rents . _ Aver, miles of r’d oper. EARN INGS. Freight revenue. . . Passenger revenue_ _ T o t., incl. other rev. Expenses— Maint .way Maint. of equipm t . Traffic expenses_ _ Transportation exp. T o t. exp. .incl .oth. Net from railroad____ Taxes_____ . . _ Uncollectible revenue. Net after taxes, &c. Net after rents . . . . . . Aver, miles of r’d oper. EARNINGS. Freight rev en u e_____ Passenger revenue— T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . _ Traffic expenses_ Transportation expTot .exp . .incl.oth. Net from railroad____ Taxes_______ ______ Uncollectible revenue. Net after taxes, &c. Net after rents_______ Aver, miles o f r’d oper. RAILW AY EARNINGS [V ol. 123. S ou th ern R ailw ay System (Concl.) S o u th ern Pacific System (Concl) Spoka ne P ortlan d & S eattle C in cin n ati New O rleans & Texas P acific G alveston H arrisburg & San A n ton io -----Month of June----- —Jan. 1 to June 30— 1925. ----Month of June------- —Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30—• 1926. 1926. 1925. $ 1926. $ 1926£ $ 1925. 1926. 1925. 1926. 1925. 1925. 406,962 2,784,492 2,538,244 1,784,878 1,711,314 .0,129,063 10,624,509 517,559 646,154 622,474 439,038 145,486 431,168 2,654,089 2,559,060 136,323 620,914 3,761,047 3,584,067 2,395,290 2,293,019 13,792,056 14,148,5031 . 723,621 438,885 615,314 447,908 411,872 2,708,211 2,793,5341 131,818 82,873 647,099 557.096 517,388 89,859 107,778 488,967 2,992,271 3,162,158 61,428 333,662 11,622 62,916 55,417 49,844 334,326 13,220 805,723 812,822 5,128,892 5,159,295 198,450 213,708 1,136,565 1,157,486 1,963,919 1,903,152 11,956,908 12,258,391 461,424 446,467 2,537,688 2,479,287 431,371 389,867 1,835,148' 1,890,012 262,197 174,447 1,223,359 1,104,780 450,068 57,148 76,349 462,901 89,095 566,946 77,246 495,675 591 318 783 7,812 176 86 1,671 7,225 654,121 98,012 760,140 373,440 299,101 1,260,390 1,387,212 184,775 527,293 297,486 122,749 678,607 231,009 722,163 ‘ 950,146 160,747 554 554 554 2,104 2,096 2,104 554 2,105 H ou ston & Texas Central S ta te n Islan d R apid T r a n s it -----Month of June---- - —Jan. 1 to June 30— -----Month of June----- — Jan. 1 to June 30— 1926. 1926. 1925. 1925. 1926. 1925. 1926. 1925. S $ £ * 8 S S S 577,362 750,279 639,741 750,580 4,581,586 5,334,188 102,445 97,494 647,229 232,768 245,900 1,328,150 1,495,569 135,020 131,574 683,471 1,062,694 1,075,213 6,415,934 7,324,111 278,801 262,978 1,503,967 1,368,125 282,302 258,811 231,780 51,172 44,292 167,138 1,282,833 1,530.291 187,905 224,770 196,126 1,448,196 1,412,293 34,610 32,088 192,255 12,005 32,373 12,363 24,846 171.991 2,051 2,481 160,938 742,811 355,471 121,492 655,449 375,649 2,227,957 2,503,338 117,179 898,916 220,132 815,550 5,431,671 5,894,929 215,575 1,230,737 1,288,718 79,407 163,778 259,663 984,263 1,429,182 58,669 47,403 273,230 92,000 59,751 99,000 28,465 359,144 363,870 17,500 16,000 Crl32 2,173 91 82 920 2,253 2,843 10 104,159 231,107 41,159 31,321 622,866 1,062,469 173,310 — 14,766 80,995 177,296 3,466 516,985 750,748 14,935 — 39,783 — 105,990 900 23 929 23 23 896 929 23 H ou ston East & W est Texas T en n essee C en tral -----Month of June------- —Jan. 1 to June 30— -----Month of June----- — Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1925. 1926. % S S £ S S 3 $ 196,686 234,470 1,227,823 1,273,151 227,155 208,238 1,347,785 1,181,468 214,103 36,853 40,340 30,350 184,212 212,926 217,791 36,386 246,989 286,884 1,518,559 1,566,901 272,189 259,611 1,619,421 1,487,735 36,506 41,312 261,229 63,633 275,620 363,454 42,790 353,720 46,737 243,949 45,858 314,769 45,717 31,529 270,346 303,997 4,357 4,386 7,979 44,125 24,256 22,378 7,570 46,614 63,978 551,772 97,613 437,377 548,237 92,850 89,428 585,957 161,599 221,742 198,395 1,108,178 1,292,356 182,875 1,327,810 1,166,193 85,390 88,489 321,542 410,381 274,545 50,447 76,736 291,611 19,166 9,701 91,487 35,027 57,929 5,820 9,621 37,741 202 297 342 1,156 1,323 9 432 410 66,022 78,491 317,738 215,294 44,285 286,105 67,106 253,438 55,506 59,074 21,609 48,541 168,608 238,344 112,911 110,648 191 191 296 296 191 191 296 296 L ouisian a W estern Term inal RR A sso c ’ n o f St L ou is -----Month of June----- —Jan. 1 to June 30— -----Month of June---- - — Jan. 1 to June 30— 1926. 1925. 1926. 1926. 1925. 1925. 1925. 192b. S $ S $ $ $ 3 $ 200,361 242,144 1,283,154 1,422,064 79,238 81,044 463,062 462,169 300,884 345,491 1,879,457 2,028,283 1,073,652 986,531 6,564,940 6,378,877 38,091 38,753 286,283 371,823 195,516 261,650 935,107 1,062,811 77,648 77,393 88,841 388,685 427,681 90,805 575,933 515,933 14,420 11,651 93,304 73,109 2,119 2,655 14,364 14,009 94,151 104,307 593,026 633,019 386,936 382,304 2,545,228 2,656,626 247,989 255,351 1,507,078 1.643.618 700,215 764,583 4,228,446 4,395,737 52,895 90,140 372,379 384,665 ' 373,437 221,948 2,336,494 1,983,140 17,223 12,835 140,841 123,953 111,747 106,245 662,415 576,572 20 12 402 896 38 348 498 35,652 77,293 231,136 259,816 261,690 115,665 1,673,731 1,406,070 30,514 71,102 191,948 213,142 348,553 190,433 2,174,946 1,842,228 207 207 207 207 55 55 55 55 M organ’s L ouisiana & Texas R R & SS St L ouis M erchants B ridge Term inal Sou t h e m Pacific System -----Month of June----- — Jan. 1 to June 30— S ou th ern P acific 1926. -----Month of June----- — Jan. 1 to June 30—• 1925. 1926. 1925. $ $ S S 1926. 1926. 19251925. 441,884 410,889 2,758,043 2,963,621 13,441,904 13,064,148 70,499,590 66,231,832 125,292 131,797 768,801 731,674 3,876,993 4,193,221 20,429,361 20,916,132 627,213 581,907 3,881,256 3,993,813 19,082,722 19,151,747 99,852,445 96,608,164 190,153 91,188 1,019,070 2,638,821 2,545,669 15,410,335 14,686,470 725,631 155,260 147,848 977,088 2,949,782 3,032,420 17,492,900 17,616,412 996,675 Now included in 21,845 19,370 140,436 117,289 364,412 334,163 2,071,690 1,868,028 268,353 260,331 1,719,886 1,760,764 terminal Railroad Association 5,811,288 6,587,106 33,273,186 35,755,001 675,487 571.524 4.102,002 3,859.256 12,559,558 13,349,422 73,048,581 74,588,685 of St. Louis — 4 8 ,2 7 4 10,383 — 220,746 1 3 4 ,5 5 7 6,523,164 5,802,325 26,803,864 22,019,479 50,898 50,004 304,711 300,556 1,475,739 1,653,962 8,189,774 8,072,252 342 255 1,827 4,841 1,968 30,356 13,958 7,288 — 99,514 — 39,876 — 527,284 — 170,840 5,040,137 4,146,395 18.583,734 13,933,269 4,629,236 3,672,769 17,323,634 13,134,755 — 108,620 — 63,666 — 644,069 — 375,405 400 400 400 8,722 8,722 400 8,747 8,755 Texas & New Orleans Texas & Pacific A rizona Eastern -----Month of June----- —Jan. 1 to June 30— — Month of June-— - — Jan. 1 to June 30— 1926. 1926. 1925. 1926. 1925. 1925. 1926. 1925. $ $ S $ $ $ S s 603,272 747,110 3,757,761 4,177,175 2,017,327 1,837,961 12,408,454 11,588,605 519,981 556,760 2,899,286 3,127,449 142,154 152,843 871,679 897,892 801,563 949,828 4,957,393 5,378,453 2,755,927 2,609,674 16,641,544 15,960,846 454,644 415,361 2,719,228 2,434,172 152,788 135,714 984,384 935,981 192,164 507,554 561,384 3,242,682 3,303,098 186,338 1,074,313 1,257,282 61,862 72,370 407,391 16,574 373,961 13,579 97,707 84,417 329,341 987,499 943,024 6,204,365 6,025,943 272,010 1,875,044 1,862,649 Southern Pacific 733,097 648,934 4,267,404 4,361,055 2,118,870 2,072,909 13,169,360 12,690,394 637,057 68,466 536,765 3,472,184 3,270,452 300,894 689,989 1,017,398 162,000 150,000 932,000 862,500 35,714 31.847 211,373 191,182 1,844 3,014 8,444 260 16,555 204 1,600 2,305 32,492 473,213 383,751 2,531,740 2,391,397 268,843 477,016 823,911 344,062 2,038,412 1,975,925 414,307 12,201 234,994 238,192 665,556 1,952 1,952 1,953 1,953 569 544 553 538 A tla n tic Steam ship Lines T oled o St L o u is & W e ste rn Sp ok an e In tern a tio n a l -----Month of June---- — Jan. 1 to June 30— ---- Month of June----- —Jan. 1 to June 30— 1926. 1925. 1926. 1925. 1926. 1925. 1926. 1925. s $ $ S S S S $ 686,947 4,967,530 4,491,142 874,631 89,928 82,496 497,552 452,175 67,521 250,219 267,650 54,636 10,282 11,372 63,042 71,491 1,105,887 896,697 6,147,061 5,580,745 106,988 100,356 598,387 557,990 19,246 19,132 101,210 93,647 17,768 17,561 80,972 79,337 \ t ___ : ____ i___ i __ i •_ 201,8S0 192,464 1,095,316 1,193,405 8,232 8,039 46,742 48,050 96,900 18,645 15,558 114,419 3,465 3,065 20,222 19,032 652,402 598,545 3,846,473 4,186,970 31,684 31,038 192,041 197,798 V*/ KJV Louis 924,131 860,846 5,342,659 5,771,594 67,012 68,023 383,976 389,320 804,402 —190,849 181,756 35,851 38,965 33,344 214,411 168,670 9,261 14,538 59,161 87,148 5,375 5,204 32,234 31,261 5 3 551 5 37 20 172,495 21,308 745,238 — 278,548 33,585 28,140 182,140 137,389 173,544 21,176 748,764 — 280,054 25,389 20,412 144,009 97,361 165 165 165 165 1,416,382 1,491,784 8,572,157 8,581,912 340,135 339,105 2,199,400 2,093,122 1,863,370 1,926,722 11,477,010 11,285,439 257,973 228,061 1,592,864 1,549,502 365,783 317,140 2,155,869 2,005,128 42,429 40,826 262,199 240,900 503,247 523,295 3,283,318 3,210,633 1,238,987 1,171,944 7,743,845 7,410,382 624,383 754,778 3,733,165 3,875,057 115,912 97,423 725,305 575,643 69 17 612 3,136 508,402 657,338 3,007,248 3,296,278 523,194 629,816 2,998,819 3,200,135 338 338 338 338 G eorgia S ou th ern & F lorida ---- Month of June----- —Jan. 1 to June 30— 1926. 1925. 1926. 1925. S S S S 355,210 347,035 2,469,720 1,857,772 144,276 144,104 1,004,717 766,467 523,472 3,736,592 2,910,551 539,933 86,521 385,252 61,430 514,797 544,880 101,981 75,828 382,284 16,921 10,969 109,184 61,708 187,274 162,414 1,419,291 1,013,960 408,916 325,876 2,689,981 1,940,921 131,017 197,596 1,046,611 969,630 31,662 34,203 155,074 195,987 36 961 1,405 34 99,321 163,357 849,663 813,151 595,367 74,794 143,763 554,304 401 401 401 401 New O rleans & N ortheastern RR -----Month of June----- —Jan. 1 to June 30— 1925. 1926. 1925. 1926. S $ $ $ 375,479 354,754 2,429,385 2,194,503 471,592 87,163 85,382 468,411 497,431 469,466 3,111,720 2,854,179 365,394 66,840 398,974 65,004 467,980 433,009 84,992 75,983 70,329 12,707 15,886 75,113 920,839 838,079 145,684 140,261 316,702 1,975,159 1,817,981 327,316 170,115 152,754 1,136,561 1,036,198 341,062 295,050 60,302 49,500 1,813 884 571 109,242 793,686 740,264 103,254 588,612 636,627 86,301 83,428 207 207 207 207 N orth ern Alabama -----Month of June---- —Jan. 1 to June 30— 1925. 1926. 1925. 1926. S S S $ 666,019 98 979 115,680 681,923 60,860 7,419 10,413 50,383 109,174 129,381 733,014 760,406 21 ,807 27,517 145,761 131,198 31,470 4,721 5,385 28,318 2,617 13,062 13,100 2,043 34,419 37,977 237,134 231,378 71,417 70,730 444,414 423,236 37,757 288,600 337,170 58,651 9,125 37,817 40,750 7,136 91 15 250,692 30,621 49,526 296,405 100,050 22,228 128,623 6,461 110 110 110 110 A ug., 1926.] RAILW AY EARNINGS 13 W e ste rn Vlaryland U lster & Delaware U n io n RR (of P ennsylvania) -----Month of June--------— Jan. 1 to June 30— -----Month of June----------Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— 1925. 1926. 1926. 1925. 1926. 1926. 1925. 1926. EARNINGS. 1926. 1925 1926. 1925. $ s & $ $ $ $ S $ S $ 1,660,152 1,407,240 10,150,807 8,707,635 316,014 58,332 65,526 255,656 324,208 273,159 43,614 52,987 78,901 21,427 25,384 66,283 Passenger revenue___ 598,282 1.186,232 1,013,279 5,806,486 5,675,373 1 J65.816 1,525,619 10,769,788 9,484,883 117,273 132,114 524,707 T o t., incl. other rev. 217,964 1,446,923 1,265,207 287,540 106,507 580,589 21,919 26,159 99,509 125,732 604,450 122,850 Expenses— Maint .way 324,272 2,373.586 2,042,388 110,757 342,386 18,023 15,445 104,764 241,818 1,288,391 1,529,517 198,925 Maint. o f equipm’t . 225,585 216,340 39,531 2,072 11,418 1,069 36,529 1,813 9,390 1,067 _ Traffic expenses_ 181 168 427,559 3,191,123 2.850,052 311,348 477,591 52,390 61,146 275,398 389,402 2,624,245 2,552,463 Transportation exp. 438,629 6,719,193 577,723 523,639 100,469 110,820 769,037 4,585,721 4,724,399 1.186,547 1,063,665 7,542,973 T ot. exp. ,incl .oth. 777,288 461,954 3,226,815 2,765,690 20,559 21,294 950,974 16,804 1,068 579,269 244,242 1,220,765 _ 408,946 Net from ra ilro a d _ 380,000 475,000 65,000 33,000 114,949 80,000 5,500 34,500 5,750 29,949 204,407 Taxes . . . 63,288 2 1 Uncollectible revenue. 396,954 2.751,815 2,385,690 — 12,443 499,269 15,794 — 33,433 836,025 11,054 214,293 1,016,358 Net after taxes, &c_ 345,658 354.175 2,545,645 2,075,689 — 33,208 6,423 10,456 — 49,165 469,819 270,972 1,353,550 1,126,565 Net after rents 435,393 804 804 804 128 128 45 804 128 128 45 45 Aver, miles o f r'd oper. 45 W e ste rn Pacific U n ion Pacific Syste m U tah U nion P acific Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— -----Month of June--------— 1925. 1926. -----Month of June------- —Jan. 1 to June 30— 1925. 1925. 1926. 1926. EARNINGS. 1925. 1926. s $ 1925. 1926. $ 1926. 1925. $ * $ $ $ 866,918 5,475,009 4,8(35,902 762,088 1,062,577 786,585 102,183 Freight re v en u e_____ 6,202,070 5,664,726 36,315,488 32,535,471 153,235 914,235 849,907 258,964 1,902 882 229,283 1,662,119 1,721,483 7,706,881 7,937.112 97 139 Passenger revenue_ _ 769,157 1,380.604 1,207,924 6,729,069 6,202,668 790,683 103,409 154,095 T ot., incl. other rev. 8,800,110 8,302,947 48,624,384 44,934,718 ■220,432 1,081,130 1,1180,025 82,274 97,289 216,485 Expenses— Maint .way 1,379,307 1,139,956 6,288,899 5,098,653 17,017 25,286 199,680 1,265,495 1,201,337 240,689 212,186 238,688 38,248 Maint. o f equipm’t- 1,965,870 1,545,765 11,158,615 9,803,617 40,148 226,331 229,845 39.488 2,171 2,274 46.091 223,905 216,255 1,098,137 1,024,942 372 334 Traffic expenses. . 334.859 2,316,650 2,264,108 179,181 390.228 172,776 Transportation exp. 2,316,192 2,093,103 13,710,049 12.880,989 21,914 29,673 862,901 5.219,782 5,107.004 35,039,758 31,461.232 540,957 935.709 548,376 T ot. exp. ,incl .oth. 6,405,000 5.497,354 102,113 84,627 34.5,023 1,509,287 1,095,664 228,200 444,895 2,395,110 2,805,593 13,584,626 13,473,486 51,982 18,782 242,307 Net from ra ilro a d _ _ 474.317 597,442 78,893 44,226 523,408 4,182,844 3.900,981 9,342 57,072 108.362 710,603 9,512 Taxes____ __ . . . 192 900 4.145 9 1,812 4.388 26 454 Uncollectible revenue. 621.155 910,945 266.121 183,974 336,507 Net after taxes, & c. 1,684,053 2,280,373 9.397,394 9.568.360 9.440 185,235 42,470 367.510 1.463,787 1,268,681 149,929 429,877 Net after rents . . 1,455,857 2,202,161 8,800,439 9,460,471 40,693 10,881 163,920 1,042 1,042 1.042 3,687 102 3,690 1,042 Aver, miles o f r’d oper. 3,691 3,687 102 111 111 Oregon S hort Line W estern Ry of A labam a Vicksburg Shreveport & Pacific -----Month of June----- —Jan. 1 to June 30— —— Month of June------- —Jan. 1 to June 30— -----Month of June----- —Jan. 1 to June 3U— 1925. 1926. 1925. EARNINGS. 1925. 1925. 1926. 1925. 1926. 1926. 1926. 1925. 1926. S 8 S $ $ * S $ $ S S $ 160,441 1,200,059 1.068,982 176,074 Freight revenue. ___ 2,211,633 1,876,155 13,307,136 11,319,180 246,830 1.316,120 1,447,391 £>r8,026 384,227 386,537 64,451 373.779 61,884 Passenger revenue_ _ 459,297 477,378 2,076,926 2,214,121 63,607 263,310 Dr 367 248,684 1,732,841 1,608,139 T ot., inch other rev. 2,928,985 2,570,390 16,633,393 14,664,411 331,671 1,699,102 1,955,215 261,675 Dr7 A33 210,118 204,519 32,366 35,964 325,477 Expenses— M aint.way 532,901 3,025,123 2,518,015 1,045 54,024 287.480 545,887 301,665 337,139 46,870 332.246 60,727 Maint. o f equipm’t . 56.979 409,304 487,578 458,405 3,137,367 2,890,336 6.346 (35,612 71.122 10,813 54,142 307,995 12,816 Traffic expenses 320,261 64,789 70.431 63,857 616 11.470 482,460 534,888 75,188 84,319 Transportation exp. 667,268 735,817 824,741 767,873 5,017,701 4,778,087 11,202 118,615 180,716 1.248,005 1.150,650 T ot.exp. .incl.oth. 2,103,673 1,984,828 12,525,361 11,479,336 211,902 256,256 1,529,113 1.570.358 19,749 457,489 484,836 67,968 384,857 49,773 _ 825,312 585,562 4,108,032 3,185,075 — 27,182 75,415 169,989 Net from ra ilro a d _ 95,701 102,908 14,925 136,068 T a x e s ___ 24,502 117,879 17,467 227,227 1,545,913 1,453,529 3,407 256,215 46 107 322 6 835 46 Uncollectible revenue. 22 1,133 49 2.708 93 361,742 381,821 53,037 Net after taxes, &c. — 30.589 50,864 49.402 .248.467 569,004 358,313 2,560,986 1,730,711 32,260 339,294 348.954 55,538 Net after rents 216,643 32,536 313,494 2,212,213 1,535,052 — 37,167 43,295 — 24.889 485,404 133 133 133 Aver, miles of r’d oper. 2,426 188 158 188 2,537 2,444 2,513 6 133 O regon W ashin gto n RR & N avigation W h e e lin g & Lake Erie V irgin ian — Month of June----- —Jan. 1 to June 30— -----Month of June------- —Jan. 1 to June 30— -----Month of June----- — Jan. 1 to June 30— 1925. 1926. EARNINGS. 1926. 1926. 1926. 1925. 1925. 1926. 1925. 1926. 1926. 1925. $ S S S $ $ • $ $ $ 1 S $ _ _ 2,066,616 1,632,735 10,577,573 9,102,530 1,637,145 1,358,886 9,192,245 8,173,392 1,688,644 1,636,751 9.145,749 8,670,518 Freight revenue 290.610 223,402 395,924 474,257 1,879,214 2,149,761 46,991 Passenger revenue_ _ 348,549 38,336 48,718 50,651 344,609 T ot., inch other rev. 2,727.166 2,351,557 13,684,540 12,417,274 1,815,670 1,514,009 10,215,309 9,180,913 1,842,297 1,800,362 9,913,559 9,544,596 464.909 2,648,586 2,374,578 455,367 Expenses— Maint. way 296,677 289,431 1,283,364 1,183,809 233,935 269,012 1.266,700 1,417.424 351,799 2,254,092 2,132,983 376,861 366.592 2,404,480 2.303,152 Maint. of equipm’t . 380,545 349,400 350,750 2.132,606 2,074,374 175,898 191,465 83,679 73,574 445,146 403,646 Traffic expenses __ 32,410 30,063 13,728 77,749 77,158 13,245 Transportation exp. 856,928 809,297 4,914,860 4.950,511 492,278 2,939,706 2,996,375 357.229 2.239.617 2.223.084 497,546 364.169 Tot.exp. .incl.oth. 1,917,337 1,849,079 11,111,568 10,716,563 985.723 1,017.823 5.887.652 5.955.149 1,260.631 1,240,737 7.111,607 6,947,731 809,829 502,478 2,572,972 1,700,711 Net from railroad _ 496,186 4.327,657 3,225.764 559,625 2,801,952 2,596.865 828,947 581,666 760,711 820,498 _______ Taxes. . . . 169,979 1,026,815 1,019,884 171,128 693,750, 132.000 798,100 142,706 109,550 153,333 2,588 30 1,080 386 858 Uncollectible revenue. 130 4 242 11.75? 504 260 203 680,441 332,469 1,545,077 Net after taxes, &c. 638,571 386.632 3,529,315 2.520,262 416,659 1,980.596 1 .833.566 696.744 427,829 200,914 Net after rents 237,361 990,081 517.058 412,982 4,012,774 2,633.929 407,349 1.980,706 1,821,299 778.406 421.938 511 2,237 Aver, miles of r’d oper. 2,237 2,237 2,237 545 511 545 545 545 511 511 St Joseph & Grand Island W ic h ita Falls & N orth w estern W a b ash -----Month of June---- - — Jan. 1 to June 30— -----Month of June----- — Jan. 1 to June 30— EARNINGS. 1926. 1925. 1926. 1925. 1926. 1926. 1925. 1925. S % $ $ S S S $ Freight revenue _____ 215,218 191 ,216 1,545.828 1.318,313 4,489,037 4,350,454 27,194,202 26.219,331 Passenger revenue_ _ 99,873 15,023 18,369 115,716 876.610 863.020 4.401.722 4.254.167 T ot., inch other rev. 229,538 1,746,295 1,531,608 5,788,503 5,616,730 34,007,049 32,873,049 250,183 Expenses— Maint .way 53,802 297,832 56,157 284,443 987,015 878,243 4.630,321 4,603,193 Maint. o f equipm’t . 61,036 269,427 . 273.171 1.080,172 1.034.026 6.144,520 6,211,544 42,696 Now included in Traffic expenses. 3,026 18,325 3,196 17.127 150.608 879,004 156,910 905,259 Transportation exp. 90,212 88,779 587,030 570,925 2.087 666 1.980.680 13.112.962 12.616.193 Missouri Kansas & lexas T ot. exp. ,incl .oth. 220,864 1,260.794 1,218,373 4.505.362 4.239.819 25.922.213 25.456.703 204,713 Net from railroad____ 8,674 485,501 45,470 313,235 1,283.141 1.376.911 8.084,836 7,416,346 Taxes________ . 124,002 7,308 90,152 252,250 15,847 232.525 1.656,775 1,395.155 Uncollectible revenue. 236 145 3.487 562 593 2.055 Net after taxes, &c. 361,263 29,478 1,366 223,083 1.030.329 1.143.703 6.424.574 6.019.136 Net after rents_______ — 9.520 276,358 153,142 14,929 771 .865 872.430 4.685,587 4,357,7.38 Aver, miles o f r’d oper. 258 258 258 258 2.524 2,524 2,524 2.524 14 [V ol. 123 RAILW AY EARNINGS COM PANY R E T U R N S All the figures in the foregoing pages are transcripts pf 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 Southern Pacific Company— issued consolidated statements, showing the results for the system as a whole, whereas the Commerce Commission requires returns from each constituent road separately. It is pur purpose that each issue of the “ Railway Earnings Section” shall furnish an absolutely complete record of all monthly returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring together here all the company statements where th^y differ in any way from the returns to the Commission, or -where they embrace more facts than are contained in such returns. It should be distinctly understood that where the company statements are identical with those rendered to the Commerce Commission, and do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figures among the detailed statements on preceding pages, ivhich include every steam road that is obliged to make monthly returns to the Commission. M in n eapolis S t. Paul & S a u lt S te. Marie R y. Co. T h e A tc h iso n T o p ek a & S a n ta Fe R ailw ay System -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. $ s $ $ Railway operating revenues_______ 19,764,226 18,725,314 109090,804 106402,434 Railway operating expenses_______ 14,093,879 14,146,005 80,707,628 82,305,272 Net from railway______________ 5,670,347 4,579,309 28,383,176 24,097,162 Railway tax accruals_____________ 1,517,681 1,205,336 8,382,590 7,351,697 Other debits or credits.....................— 290,795 — 250,860 — 992.509— 1,360,519 Net railway operating income_ 3,861,869 _ 3,123,111 19,008,076 15,384,945 Average miles operated___________ 12,043 11,944 12,042 11,943 B ellefen te C en tral -----Month of June----- — Jan. 1 to June 30— 1926. 1926. 1926. 1925. S $ S $ Gross receipts___________________ 5,578 8,513 48,927 36,875 40,902 Operation-----------------------------------7,047 9,915 48,574 — 1,469 — 1,401 ' N et----------------------------------------—4,026 353 Interest and taxes_______________ 115 200 690 1,200 Surplus-------------------— 1,584 — 1,601 —4,716 — 846 -Month of June----------Jan. 1 to June 30— 1925. 1926. 1925. 1926. S $ $ % Freight revenues_________________ 1,781,302 1,664,626 9,503,911 9.305.292 Passenger revenues_______________ 270,542 344,647 1,540,582 1,646,813 All other revenues_______________ 245,635 237,010 1,111,626 1.086.293 Total revenues________________ . 2,297,481 2,246,283 12,156,120 12,038,399 M . of W. & S. expenses__________ 366,295 412,470 1,864,199 1,893,252 M . & E. expenses________________ . 482,057435,132 2,649,106 2,614,005 482,057 236,424 Traffic expenses_________________ 40,228 239,885 42,684 Transportation expenses_________ 787,624 76,759 4,698,120 4,733,066 General expanses 422,261 438,075 82,996 86,193 Total expenses________________ 1,759,203 1,744,239 9,889,388 9,899,010 Net railway revenue______________ 538,278 502,044 2,266,732 2,139,388 Taxes and uncollectible revenues. _ 151,916 146,376 883,346 896,599 Net revenue after taxes, &c______ 0386,361 0355,66701,383,38501,242,789 Hire of equipment— Credit______ 0 1 7,03 0 0 5 2 ,8 5 4 0162,202 0155,9 90 Rental of terminals— Debit______ Dr9,815 0 9 ,6 6 7 0 5 7 ,4 6 5 0 6 1 ,1 1 0 Net after rents------------------------ 03 93,575 0398,85401,488,12201,337,669 Other Income— Net______________ 01 3,31 7 -------------- ---______ 0 6 ,0 9 5 0 9 4 ,9 3 4 01 23,9 87 ________ Interest on funded debt----------------0 4 06,6 61 0 4 04,4 410 2,47 0,32 702,447,587 N et------------------- -------- ------------0231 0 5 0 9 0 8 8 7 ,2 7 1 0 9 8 5 ,9 3 0 M isso u ri-K an sa s-T e xa s Lines C an a d ia n N a tio n a l Railw ays -----Month of -----Month of June----------Jan. 1 to June 30— 1926. 1926. 1925. 1926. 1925. Miles operated (average)-------------3,188 S S $ $ Gross_____________________________22,303,899 18,204,662 120989,008105543,743 revenue----------------------- 4,500,303 Operating Operating expenses________________ 20,362,821 18,637,038 106132,347101801,397 expenses---------------------- 3,216,388 Operating N et---------------------------------------------- 1,941,078 — 432,376 14,856,6613,742,346 Available for interest------------------945,698 Interest charges, inch adjust, bds. 590,580 Net incom e._______ 355,117 C an a d ia n Pacific June----------Jan. 1 to June 30— 1925. 1926. 1925. 3,188 3,188 3,188 4,324,253 25,968,287 26,924,807 3,078,530 18,441,437 18,707,950 900,162 5,454,817 5,840,873 594,695 3,544,538 3,619,234 305,466 1,910,279 2,221,639 -— Month of June----------Jan. 1 to June 30— New York New H aven & H a rtfo rd R ailroad C o. 1926. 1925. 1926. 1925. -----Month of June----- — Jan. 1 to June 30— $ * S * Gross earnings____________________ 15,533,968 13,464,647 1926. 1925. 1926. 1925. 85,227,78675,155,819 71,271,09967,358,173 Working expenses_________________ 12,706,864 11,880,196 Mileage_________________________ 1,918 i ,935 ^L,918 ^ ,952 13,956,6877,797,646 Net profits..................................... 2,827,103 1,584,450 Total revenues. __________________ 11,605,928 11,111,739 65,128,006 63,143,994 Total expenses___________________ 8,659.756 8,262,656 48,658,982 47,390,681 Net from railroad______________ 2,946,172 2,849,083 16,469,024 15,753,313 F on da J o h n sto w n & G loversville Net after taxes__________________ 2,486,630 2,430,894 13,771,163 13,329,670 1,914,462 10,759,068 10,374,317 Jan. 1 to June 30— Net after rents__________________ 1,922,721 Non-operating income____________ 565,800 542,242 3,385,217 3,766,592 1925. 1926. Total net income________________ 2,488,520 2,456,703 14,144,284 14,140,909 Operating Income— S 1,904,084 10,909,854 11,477,334 Freight revenue_________________ 234,196 Fixed charges___________________ 1,818,434 Passenger revenue— steam division 18,604 Balance_______________________ 670,085 552,618 3,234,430 2,663,574 367,171 Passenger rev.— electric division.. All other rev. from transportation. 21,994 Rev. from other railway operations 5,661 New Y o rk O n ta rio & W e ste rn Total operating revenues_______ -Month of June----------Jan. 1 to June 30— Railway oper. exp. (not incl. taxes) 1925. 1926. 1925. 1926'"' $ $ Net rev. from railway operations $ 2 2 5 ,7 2 0 211,650 S Railway tax accruals 1,398,097 1,239,635 5,927,291 5,942,575 47,040 47,040 922,880 4,964,120 5.151,924 1,018,237 Railway operating income . . 164,610 20,904 178,680 25,635 790,650 963,171 316,754 379,860 — 6,831 Net rev. from railway operation.. Miscel. oper. income (or loss)____ — 7,638 — 868 109 262,000 300,000 39,000 50,000 Railway tax accruals____________ Total operating income________ 157,778 Uncollectible railway revenues-----21,014 171,041 24,766 443 190 137 7 21,242 Non-operating income . . . . 21,156 3.541 3,328 528,207 662,981 277,617 329,852 Total railway operating inoome. Gross income. . . . _______ 192,197 179.020 28,094 24,555 297,013 361,514 235,378 264,886 Deduct— Rents for leased roads_ _ 4,200 4,050 675 700 173,452 179,964 28,471 29,995 Other rents accrued— debits____ 3,667 23,836 Other income. . 24,345 3,605 470,465 541,478 263,850 Interest on funded debt 155,500 155,500 294,881 25,916 25,916 Total income 705,514 712,405 118,042 Interest on unfunded debt ___ 4,179 3,558 Deductions___ 121,526 733 633 492 2,956 2,956 Amort, o f disc, on funded d e b t.. 492 145,607 — 170,927 — 235,04 8 173,354 Net income. Miscellaneous income charges_ _ 3,131 3,131 3,485 3,415 194,667 193,033 Total deductions from gross inc. 34,516 34,864 — 14,012 Net Income. ______ ____ — 2,469 —9,961 — 6,769 S t. L o u is-S a n Francisco (I n c lu d in g S u b s id ia r y L in e s) G eorgia & Florida Railway -----Month of June--------- -Jan. 1 to June 30— 1925. 1926. 1926 1925. Railway operating revenues______ 143,217 Railway operating expenses______ 104,684 Net revenue from railway oper’ns. 38,532 Miscellaneous debits or credits_ _ — 771 Car hire— hire of equip., balance. . — 15,401 Income or deficit before taxes____ 22,360 Taxes___________________________ 7,000 Income or deficit before interest. . 15,360 Receiver’s interest_______________ 13,442 Income or deficit after oper. exp., taxes, car hire & receiver’s in t .. 1,917 942,626 137,826 683,248 101,595 259,378 36,230 — 1,983 — 812 — 13,946 • —111,245 146,149 21,471 42,000 6,500 104,149 14,971 79,912 13,288 788,736 608,600 180,135 — 215 — 89,933 89,987 39,026 50,960 79,123 24,237 — 28,162 1,683 T h e K a n sa s C ity S o u th ern (In clu din g Texarkana & Fort Smith) ------ Month of June------------ Jan. 1 to June 30— 1Q25 1095 1095 Gross revenue____________ l ,8 3 9 ,i 6 7 1,72 4 ,6 7 7 1 0 ,8 1 9 ,3 7 5 1 0 ,1 5 i,3 4 7 Operating expenses__________ 1 ,249,271 1 ,2 3 5 ,9 7 2 7 ,0 9 6 ,5 4 8 7 ,1 9 2 ,6 4 4 Net revenues....................................... 5 8 9 ,8 9 6 4 8 8 ,7 0 5 3 ,7 2 2 ,8 2 6 2 ,9 5 8 ,7 0 3 Taxes .................... 1 2 4,470 109,843 7 4 7 ,3 4 5 659,0 6 9 Uncollectible railway revenue___________ 4 8 1 __________1 2 5 _______3,631 5,6 4 7 Operating ineome.............................. 4 6 4 ,9 4 5 3 7 8 ,7 3 5 2 ,9 7 1 ,8 4 9 2 ,2 9 3 ,9 8 6 iq o r Average mileage operated________ Freight revenue_________________ Passenger revenue_______________ Miscellaneous revenue___________ Total operating revenues______ Maintenance of way & structures.. Maintenance of equipment_______ Transportation expenses_________ Other expenses__________________ Total operating expenses_ .-___ _ Net operating income___________ Balance for interest_____________ 8urplus after all charges_______ -----Month of June----1926. 1925. 5,484 ^>,399 5,640,582 1,383,093 561,433 7,585,108 1,096,782 1,535,179 2,453,595 309,207 5,394,763 1,758,684 1,754,881 455,253 5,435,348 1,454,775 549,391 7,439,514 975,552 1,478,000 2,436,414 348,793 5,238,759 1,713,903 1,714,761 453,939 44,721,156 5,648,072 8,840,114 15,396,233 2,048,391 31,932,810 10,300,169 10,201,206 2,509,226 June 30— 1925. 5,399 $ 32,638,273 8,100,155 3,219,151 43,957,579 5,235,491 8,641,184 15,454,709 2,046,871 31,378,255 9,986,077 9,978,814 2,417,002 W e ste rn M arylan d R ailw ay C o. -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. £ Operating revenues______ ________ 1,765,816 Total expenses.._________________ 1,186,548 Net from ra ilro a d ................ 579,268 Net after taxes___________________ 499,268 Other income____________________ 12,419 Net after rents, including other inc. 482,238 Fixed charges_______________ 245,954 Balance. ____ 236,284 (g $ 1,525,618 10,769,788 1,063,665 7,542,973 461,953 3,226,815 396,953 2,751,815 7,648 57,446 361,823 2,603,091 251,881 1,487,951 109,942 1,115,140 ® 9,484,883 6,719,193 2,765,690 2,385,690 43,394 2,119,083 1,521,346 597,733 A ug., 1926.] 15 RAILW AY EARNINGS U n io n P acific S t. L ou is S o u th w estern (Including: St. Louis Southw estern o f Texas) -----Month of June----------Jan. 1 to 1026. 1926. 1926. $ $ $ Railway operating’ revenues______ 1,977,024 1,941,6)4 12,114,900 Railway operatinglexpenses______ 1,543,798 1,555,336 9,575,044 Net rev. from railway operation433,226 386,178 2,539,856 Railway tax accruals and uncol lectible railway revenues_______ 97,591 71,587 561,155 Railway operating income_____ 335,634 314,591 1,978,700 _ 28,498 26,916 186,376 Other railway operating income_ Total railway operating income. 364,132 341,507 2,165,076 Deductions from ry. oper. income. 53,683 58,424 351,906 Net railway operating incom e.. 310,449 283,082 1,813,170 Non-operating income___________ 24,278 32,921 195,610 334,728 316,004 2,008,781 Gross income--------------------------Deductions from gross income____ 236,537 237,014 1,404,618 Net income----------------------------98,190 78,989 604,162 S o u th e rn Pacific June 30— 1926. $ 12,374,101 9,875,053 2,499,048 484,720 2,014,327 179,250 2,193,578 384,530 1,809,047 218,299 2,027,347 1,404,861 622,486 b -----Month of June----------Jan. 1 to June 30—1926. 1925. 19261925. Average miles o f road o p era ted ... 13,237 13,169 13,225 13,199 Revenues— $ $ $ $ Freight--------------------------------------- 18,367,387 17,936,977 99,697,173 97,048,391 Passenger----------------------------------- 5,000,988 5,346,475 27,026,258 27,598,578 M ail--------------------------------361,542 335,882 2,095,138 2,103,242 Express--------------------------------------725,750 717,680 3,305,891 3,333,086 772,864 704,316 4,246,357 3,990,623 All other transportation_________ Incidental----------------------------------616,742 656,949 3,324,743 3,250,331 Joint facility— Credit................. 32,524 20,162 191,159 121,432 Joint facility— Debit---------------------— 151,744 — 9,806 — 697,058 — 49,085 Railway operating revenues____25,726,056 25,708,639 139189,663 137396,598 Expenses— Maintenance of way & structures. . 3,790,651 3,485,426 22,269,374 21,757,200 Maintenance o f equipment_______ 4,382,391 4,385,551 25,877,140 26,475,390 Traffic---------------------------------------529,559 475,207 3,041,050 2,783,164 Transportation---------------------------- 8,413,739 9,150,373 49,324,082 52,630,892 Miscellaneous-----------------------------440,986 413,916 2,361,893 2,166,229 General--------------------------------------931,787 904,225 5,475,779 5,126,826 Transportation for investment____— 229.705 — 115.359— 1,010,561 — 639,882 Railway operating expenses------18,259,410 18,699,339 107338,758 110299,819 In com e — Net rev. from railway operations.. 7,466,646 7,009,299 31,850,905 27,096,779 Railway tax accruals------------------- 1,741,830 1,908,049 10,022,928 9,787,333 8,780 4,503 45,568 34,066 Uncollectible railway revenues____ Equipment rents (net)--------- -------540,226 682,309 2,305,907 2,097,209 Joint facility rent (n et).................. 22,308 5,186 130,558 27,839 Net operating Income-------------- 5,153,500 4,409,251 19,345,942 15.150,332 6 For purpose o f comparison the income for 1925 has been restated to include the income o f the San Antonio & Aransas Pass R y. from Jan. 1 to April 30, incl -----Month of June----- • —Jan. 1 to 1926. 1926. 1925. 9,629 Average miles of road operated___ 9,653 9,557 $ Operating Revenues— $ $ Freight revenue____________ 11,914,288 10,491,390 68,782,499 Passenger revenue__________ 3,094,215 3,254,827 14,007,304 Mail revenue_______________ 337,616 347,547 2,152,484 Express revenue____________ 450,162 399,927 1,732,843 All other transportation____ 539,218 505,972 2,516,176 Incidental__________________ 359,392 344,758 1,782,379 Railway operating revenues_16,694,891 15,344,421 90,973,685 Operating Expenses— Maintenance of way & structures. 2,699,915 2,422,352 •14,355,956 Maintenance of equipment__ 3,226,674 2,712,274 18,990,354 Traffic_____________________ 452,695 418,540 2,294,928 4,328,582 27,405,260 Transportation_____________ 4,589,731 Miscellaneous operations____ 422,263 416,792 1,973,930 General_____________________ 651,833 560,587 3,631,285 — 23,703 Transportation for invest____ 1 -2,621 — — 1,266 Railway operating expenses_12,040,490 10,856,851 68,628,010 Income— Net rev. from railway operations.. 4,654,401 4,486,560 22,345,675 Railway tax accruals_______ 1,269,911 1,055,276 7,550,725 10,802 Uncollectible railway revenues-----715 1,862 3,429,4;i2 14,784,148 Railway operating income___ 3,383,775 Equipment rents, net_____________■ 470,554 — 238,585- -1,625,935 — Joint facility rents, net_____ — 65,134 — 56,859 M403,593 •Net______________________ 2,848,087 3,133,978 12,754,620 Oper. rati* (revenues over e x p .).. 72% 71% 75% June 30— 1925. 9,539 $ 60,995,480 14,695,048 2,210,141 1,732,487 2,317,693 1,553,567 83,504,417 11,860,447 17,121,187 2,152,402 26,495,718 1,884,769 3,415,092 — 15,907 62,913,708 20,590,709 7,203,344 5,805 13,381,560 — 836,889 — 380,779 12,163,892 75% W isc o n sin C en tral R ailw ay Co. -----Month of June----------Jan. 1 to June 30— 1926. 1925. 1926. 1925. $ $ $ $ Freight revenues______ ______ 1,418,201 1,338,800 7,412,382 7,593,650 Passenger revenues_______________ 302,505 259,614 1,334,780 1,214,650 All other revenues................... 139,542 130,157 703,126 632,615 Total revenues________________ 1,860,249 1,728,572 9,453,290 9,440,915 M . W. & S. expenses____________ 303,601 265,324 1,321,645 1,238,121 M . of E. expenses________________ 289,221 265,359 1,799,658 1,610,317 Traffic expenses............................... 35,923 30,513 203,599 176,964 Transportation expenses_________ 705,596 661,651 4,071,778 4,075,620 General expenses________________ 76,734 60,903 385,845 338,202 Total expenses.................... 1,411,077 1,283,753 7,782,527 7,439,226 Net railway revenue____________ 449,172 444,819 1,667,762 2,001,689 Taxes and uncollectible revenues.. 78,039 90,819 513,507 547,785 Net revenue after taxes, &c____Cr371,132 03 53,9 990 1,15 4,25 501,453,904 Hire of equipment— D r---------------- — 74,484 — 50,502 — 326,763 — 379,469 Rental of terminals— Dr-------------- — 50,229 — 47,376 —-311,052 — 295,313 Net after rents............................. 02 46,418 0256,119 0516,438 0779,121 — 19,596 — 93,091 — 123,172 Other income— N et--------------------- — 24,308 Interest an funded debt___________ — 155,639 — 154,392 — 935,172 — 936,839 Net d eficit.................................... 0 6 6 .4 7 0 08 2,13 1 — 511,825 — 280,890 1 ^Paterson, H g. First National Bank Quick to serve Statement at Close of Business June 30 1926. ASSETS— T im e L o a n s ____________________________ $4,630,309.28 U S a n d O th e r B o n d s _______________ 2,785,821.06 ----------------------$7,316,130.33 C ash an d B a la n ce s in Flanks________ $2,381,879.85 D ue from U S. T re a s u re r____________ 14,550.00 D em and L o a n s___ ____________________ 1,042,102.30 B a n k in g H o u s e -----------------------------------349,321.37 ---------------------- 3,787,853.52 S afe D ep osit V a u l t s _____ ______ _________ ________ 30,350.00 C u sto m e rs L ia b ilitie s A c c o u n t o f A c c e p t a n c e s .. 59,560.00 you at all tim es $11,193,893.85 LIABILITIES— C a p ita l S t o c k _____________________________________. . . S u rp lu s I u n d _____________________________________ U n d ivid ed P r o fit s ................................................................. D e p o sits _________________________________________ B ills P a va h le _________________________________________ C ir c u la t io n __________________________________________ D iv id e n d N o .182_____________________________________ A c c e p t a n c e s E x e cu te d fo r C u s to m e rs ____________ Corn Exchange National Bank $600,000.00 600,000.00 200,056.26 9,222,220.59 200,000.00 290,997.50 21,059.50 59,560. G O $11,193,893.85 O F F IC E R S . W H ITFIE LD W. SM ITH . President. ROBERT J. NELDEN, Vice-Prea. FRED 'K D. BOOERT, Cashier. JOHN B. BROWN. Asst. Cashier. W ILFRED E. R IL E Y . Asst.Oashler. JOHN T. DEIGHTON, Asst.Cash Philadelphia PROMPT A TTE N TIO N GIVEN TO COLLECTIONS THE HANOVER NATIONAL BANK OF THE CITY OF NEW YORK ESTABLISHED 1851 CA PITA L, $5,000,000 SU R PLU S & PROFITS, $26,000,000 ACTS AS TRUSTEE, EXECUTOR, ETC. INQUIRIES INVITED REGARDING SERVICE IN E V E R Y F I D U C I A R Y C A P A C I T Y SAFE DEPOSIT & TRUST CO. OF BALTIMORE Chartered 1864 Capital $1,200,000 Organized 1867 Surplus & Profits Over $4,000 000 Acts as Trustee of Corporation Mortgages, Fiscal Agent for Corporations and Individuals, Transfer Agent and Registrar. Depositary under plans of reorganization. Acts as Executor, Administrator, Guardian, Trustee, Receiver, Attorney and Agent, being especially organized for careful management and settlement of estates of every character. SECURITIES HELD ON DEPOSIT FOR OUT-OF-TOWN CORPORATIONS AND PERSONS. DIRECTORS H. W ALTERS, Chairman o f Board JOHN J. NELLIGAN , President NORM AN JAMES JOHN W. MARSHALL, Vice-Pres. SAMUEL M . SHOEMAKER BLANCHARD RAN DALL ELISHA H. PERKINS WALDO NEWCOM ER ROBERT G A R R E TT GEORGE C. JENKINS HOW ARD BRUCE M ORRIS W H ITR IDG E S IX T Y -E IG H T Y E A R S B A N K IN G EXPERIENCE T h is b a n k h a s a f o r c e o f 400 t r a in e d t o t h e e x a c t in g n e e d s o f b a n k in g . W ith 68 y e a r s ’ e x p e r ie n c e , t h e N a tio n a l B a n k o f C o m m e rce in S t. L o u is h a s a s tr e n g t h t h a t is n o t in d ic a t e d in its C a p it a l, S u r p lu s a n d P r o fit s o f m ore t h a n $14,000,000. T o -d a y w e o p e r a t e e ig h t d i s t i n c t a n d c o m p le te d e p a r t m e n ts u n d e r t h e p r o t e c t io n o f n a t io n a l b a n k in g la w s, c o m b in in g in o n e b u ild in g , a n d u n d e r o n e m a n a g e m e n t, C o m m e rc ia l, B o n d , T r u s t , S a v in g s , L o a n s , F o re ig n E x c h a n g e , S a fe t y D e p o s it, a n d C r e d it D e p a rtm e n ts. T h o s e s e e k in g a c c u r a t e , r a p id , s a t is fa c t o r y a n d in t e r e s t e d se rv ice c a n g e t i t h e r e . National BantogGammerce with which is affiliated the Federal Commerce Trust Company AN D R E W P. SPAM ER, 2d V.-Pres. H. H. M . LEE, 3d Vice-President JOSEPH B. K IR B Y , 4th Vice-Pres. GEO. B. G A M M IE , Treasurer C. R. TU C K E R, Asst. Treasurer JOHN W. BOSLEY, Asst. Treas. E. H. C ROM W ELL, Asst. Treas. IfESfJ • £1 . • • 111 9l'L O U lS 2 R e p o r t o f C o n d it io n o f Tradesmens National Bank Philadelphia, Pa. The Anglo & London Paris National Bank OF SAN FRANCISCO At the Close of Business June 30 1926. RESOURCES— Report of Condition at the Close of Business June 30 1926. RESOURCES— L o a n s a n d I n v e s tm e n ts _____________________- _____ $18,530,782.63 C u s to m e rs ’ L ia b ility u n d e r L e tte r s o f C re d it a n d A c c e p t a n c e s _______________________________________ 5,105,255.86 D u e fro m B a n k s ____________________________________ 2,904,280.59 E x ch a n g es fo r C le a rin g H o u s e _____________________ 1,634,450.95 C ash a n d R eserv e ___________________________________ 1,620,235.47 A c c r u e d I n t e r e s t ___________________________________ 26,825.96 $29,821,831.46 L IA B IL IT IE S — C a p i t a l ________ $1,000,000.00 S u rp lu s , U n d iv id e d P r o fit s a n d R eserv es-------------- 3,225,301.62 U n e a rn e d D is c o u n t _________________________________ 67,699.43 491,750.00 C ir c u la t io n __________________________________________ L e tte r s o f C re d it a n d A c c e p t a n c e s ________________ 5,143,689.91 A c c e p t a n c e s o f O th e r B a n k s S o ld --------------------------364,036.32 D e p o s i t s . . . ______________ 19,529,354.18 $29,821,831.46 O F F IC E R S H O W A R D A. LOEB, President H . D . M cC a r t h y , Vice-President E . W ILLIAM S. Vice-President & Cashier S. E. GUGGENHEIM . Vice-President HOW ARD E D E IL Y, Assistant Cashier J. M . FRIZZELL, Assistant Cashier CLYDE F. BROW N . Assistant Cashier Due from Federal Reserve Bank, Cash and Sight Exchange____ ___________________________________ $26,507,325.29 U. S. Bonds and Treasury Certificates_____________ 15,259,183.10 Bonds and Securities_____________________________ 7,369,219.39 Stock in Federal Reserve Bank___________________ 240,000.00 Banking House, Vaults and Fixtures_______________ 2,555,268.40 Due from U. S. Treasurer, 6% Redemption F u n d .. 205,000-00 Customers’ Liability a|c Acceptances______________ 6,357,926.46 Loans and Discounts__________ 68,567,829.47 Interest Accrued— and other Assets________________ 689,395.91 $127,751,148.02 L IA B IL IT IE S — Capital Stock_____________________ $5,000,000.00 4,103,370.61 Surplus and Undivided Profits____________________ Unearned Discount________________________________ 119,931.12 Circulation_______________________________________ 4,100,000.00 3,100,000.00 Bills Payable with FederalReserve Bank___________ Acceptances sold Federal Reserve Bank with our endorsement____________________________________ 200,000.00 Other Liabilities__________________________________ 1,477,625.97 2,500,009.00 Bonds Borrowed__________________________________ Liability a|c Acceptancesexecuted for custom ers.. 6,729,045.16 Deposits__________________________________________ 100,421,175.16 $127,751,148.02 Contingent Liability a | Letters of Credit Issued but c not yet drawn against____________ $10,161,989.61 D IR E C T O R S ROBERT DOLLAR K . R . K IN G S B U R Y C H A S. C. MOORE M. F L E IS H H A C K E R R . D. R O B B IN S , J r. ADOLFO STAHL H E R B E R T F L E Ia t »H A C K E R W M . F. H U M P H R E Y M O SE S A . G U N S T S IG . S T E R N A. W. FOSTER • J. J. MACK J . C . M c K IN S T R Y C. F. H U N T M. M E Y E R F E L D , J r. W A L T E R E. B U C K P A U L SH O U P W . E. W I L C O X THE FRANKLIN-FOURTH STREET NATIONAL BANK of Philadelphia has ample facilities to meet all your requirements and solicits your business. Capital, Surplus and Profits over $24,000,000 AUGUST BELMONT & CO. 4 5 Cedar Street NEW YORK Draw Bills of Exchange and Make Cable Transfers Issue Letters of Credit for Travelers, Available in All Parts of the World COLLECTIONS IN ALL COUNTRIES Receive deposits of corporations and individuals, subject to check or by special arrangement, and allow interest. Securities and other, real and personal, property received and managed. Coupons, dividends, and interest collected and remitted, or invested, under careful advice. Special attention given to investments of all kinds. Execute orders for purchase and sale of bonds and stocks in all markets, domestic and foreign.