The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
TWO SECTIONS-----SECTION 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 1923 according to Act of Congress, by W ILLIA M B. D A N A C O M P A N Y , in office of Librarian of Congress, Washington, D .C . V O L . 116. N E W Y O R K , F E B R U A R Y 10, 1923. N O . 3007. HIS entire publication is devoted to a presentation of the reports of earnings and expenses of United States railroads for the latest month (December) and for the calendar years ending with Dec. 1921 and 1922. The table embraces every steam operating railroad in the country which is obliged to make monthly reports to the Inter-State Commerce Commission at Washington. Returns are now required only from carriers whose railway operating revenues, or gross earnings, exceed $1,000,000 per annum. T The figures are a transcript of the sworn returns on file at Washing ton. They have the further advantage of uniformity of method and classification. Every company is obliged to make up its returns on the same basis and in the same way as every other company. Sworn Returns. The “ Chronicle” has always made a specialty of weekly and monthly reports of railroad earnings, and for nearly fifty years its weekly and monthly summaries have been everywhere accepted as authoriThe present publication is in continuation of this work. Earnings Our Specialty. tative. These Inter-State Commerce returns also 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 deduction of such taxes and also the deduction of the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction oj 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. rnmnanvW phirtK To make this publication absolutely complete, we add statements Also Given S en<^ s^ow a^so the frgures issued by the companies them selves, where they are made up on a basis different from that of the Commerce Commission returns, or where they give additional items of information, or where, as sometimes happens,figures are issued by the companies in consolidated form, so as to show results for the system as a whole, instead of each constituent road separately. The matter contained in this extra and novel publication is entirely additional to the comprehensive reports of earnings we furnish in the “ Chronicle” from week to week. All the returns of the leading roads, and also all weekly figures of gross earnings, are printed regularly and promptly in the “ Chronicle” as soon as received. But in addition we issue once a month— say about the 15th— this special publication, furnishing a sort of compendium of earnings in which we bring together all the returns for the latest month which are available. Other Returns Continued. As in the case of our numerous other Supplements or “ Sections,” all of which are expensive publications, the “ Railway Earnings Section” will be furnished only to “ Chronicle” subscribers. These will receive it free of charge, one copy going with each subscription. It will be im possible to obtain copies in any other way, as none will be printed for general sale. Only for Subscribers. WILLIAM B. DANA COMPANY, PUBLISHERS NEW YORK 90 P in e S tr e e t 136-138-140 F ront S treet Have you all the facts Covering Railroad Securities and the merits o f the various issues ? A general tendency toward improvement in the bond market does not necessarily mean that an investor should choose indiscriminately from a list of railroad obligations. Improvement in the position of railroad securities should determine the investor to make even more certain which are really the best purchases. To obtain investment satisfaction you want most of all—security. In selecting bonds to-day by what shall you be guided? Do you know which bonds "are selling at a price commensurate with their safety? Since 1912 we have had a force of statisticians engaged in an analysis of the leading railroads and their obligations. In our determination to show the relative merits of each security we keep up-to-date an exhaust- * ive and detailed report that is exact and complete in every respect: Institutions and individuals find the information contained in these reports of great assistance in two ways: to obtain an unbiased report on their present holdings, with sound reasons why certain bonds should be changed or sold, depending upon their strength or weakness; and also to secure authoritative advice as to which railroad obligations to-dajr return the highest yield compatible with unquestioned safety. I f y o u w a n t th e beat, n o t th e fo u r th or fo r tie th b e s t, m a y it n o t be w orth y o u r w h ile to p e r m it us to s u b m it a r ep o r t on y o u r h old in gs o f railroad b o n d s, or o b ta in ou r su g g e stio n s for a d d itio n a l i n v e s t m e n t s ? BROOKE, STOKES & CO. Members Philadelphia Stock Exchange 140 South Fifteenth St. Philadelphia 734 Fifteenth St., N. W. Washington, D. C. 300 North Charles St. Baltimore, Md. F eb., 1923.] RAILW AY EARNINGS 3 GENERAL INDEX TO ROADS APPEARING IN THIS SECTION. Name— Page. Name— Page. Name— Page New York Chicago & St. Louis________ 10 Akron Canton & Youngstown___________4 El Paso & Southwestern____________ New York Connecting_________________ 10 Alabama & Vicksburg___________________4 Elgin Joliet & Eastern_______________ New York New Haven & Hartford_____ 10 Alabama Great Southern. See Sou therm 12 Erie________________________________ New York Ontario & Western__________10 Ann Arbor______________________________ 4 Florida East Coast_________________ Arizona Eastern. See Southern Pacific-12 Fonda Johnstown & Gloversville______ 14 New York Phila. & Norfolk. See Penn. .11 New York Susquehanna & Western____ 10 Atchison Topeka & Santa F e____________4 Fort Smith & Western______________ Atlanta & West Point___________________4 Fort Worth & Den. City. See Col.& Sou. 6 Norfolk & W estern____________________ 10 Atlanta Birmingham & Atlantic________ 4 Ft. Worth & Rio Gr. See St. L.-S. F _ . l l Norfolk Southern.____________________ 10 Atlantic & St. Law. See Grd. Trk. Sys. 7 Galv. Harrisb. & San Ant. See Sou. Pac.12 Northern Alabama. See Southern_____12 Atlantic C it y __________________________ 4 Galveston W harf_______________________ 7 Northern Pacific_____________________ 10 N orthwestern Pacific_________________ 10 Atlantic Coast Line_____________________ 4 Georgia_____________________________ Oregon Short Line. See UnionTacific _ _13 Atlantic Steamship Lines. See So. Pac.12 Georgia & Florida____________________ 7 Baltimore & Ohio_______________________ 4 Georgia Southern & Fla. See Southern. _ 12 Oregon-Wash. R R . & N av. See Un. P a c. 13 Grand Rapids & Indiana. See Penn__ 10 Panhandle & Santa Fe. See Atchison___4 Baltimore & Ohio Chicago Terminal____4 Baltimore Ches. & Atlantic. See Penn. 10 Grand Trunk System__________________ 7 Pennsylvania Railroad and Co_lOJana 14 Bangor & Aroostook____________________4 Grand Trunk Western_________________ 7 Peoria & Pekin Union________________ 11 Beau.SourL.&W . iSeeN.Orl.Tex.&Mex. 9 Great Northern________________________ 7 Pere M arquette______________________11 Bellefonte Central_____________________ 14 Green Bay & Western_________________ 7 Perkiomen___________________________ 11 Belt Railway of Chicago________________ 4 Gulf & Ship Island_____________________ 7 Philadelphia & Reading R y __________ 11 Pittsburgh & L. E. See N . Y . C entral..10 Bessemer & Lake Erie___________________4 Gulf Colo. & Santa Fe. See Atchison. Pitts. Cin. Chic. & St. Louis. See P e n n .ll Bingham & Garfield____________________ 5 Gulf Mobile & Northern______________ Pittsburgh Shawmut & Northern______ 11 Boston & Maine________________________5 Hocking Valley_______________________ Brooklyn Eastern District Term_______ 5 Houston & Texas Cent. See Sou. P a c ..12 Pittsburgh & Shawmut________________ 11 Buffalo & Susquehanna________________ 5 Houston East & West Tex. See So. Pac.12 Pittsburgh & West Virginia____________ 11 Buffalo Rochester & Pittsburgh________ 5 Illinois Central_________________7 and 14 Port Reading__ ______________________ 11 Canadian Pacific______________________ 14 Indiana Harbor Belt. See N . Y . Central. 9 Quincy Omaha & Kansas C ity________ 11 Carolina Clinchfield & Ohio_____________5 International & Great Northern________ 8 Richmond Fredericksburg & P o to m a c_ .il Central New England__________________ 5 International R y. Co. of M e ____________8 Rutland_______ _______________________ 11 Central of Georgia______________________ 5 Kanawha & M ich. See N . Y . Cent____ 10 St. Joseph & Grandjlsl. SeeXJnion P ac.13 Central R R . of New Jersey_____________ 5 Kansas City M exico & Orient RR_______ 8 St. Louis-San Francisco______ llja n d 14 Central Vermont_______________________ 5 Kan. City Mex & Orient R y. Co. of T ex. 8 St. L. Brownsv.&M ex. <SeeN.O.T.&M_ 9 Charleston & West Carolina____________5 Kansas City Southern__________ 8 and 14 St. Louis Merchants Bridge & Terminal. See Terminal Association of St. Louis_13 Chesapeake & Ohio Lines______________ 5 Kansas Oklahoma & Gulf_______________ 8 St. Louis San Francisco & Texas. See Chicago & A lton_______________________ 5 Lake Erie & West. See N . Y . Chicago St. Louis-San Francisco_____________ 11 Chicago & Eastern Illinois______________ 5 & St. Louis_________________________ 10 Chicago & Erie. See Erie_____________ 7 Lake Superior & Ishpeming___________ 8 St. Louis Southwestern_______ 11 and 14 St.L ou isS .W .R y.ofT ex. SeeSt.L.& S.W .ll Chicago & North Western______________ 5 Lake Terminal_______________________ Chicago Burlington & Quincy___________5 Lehigh & Hudson River________________ 8 St. Louis Transfer_____________________ 11 San Antonio & Aransas Pass____________ 12 Chicago Det. & Can. Grand Trk. Jet. Lehigh & New England______________ San Antonio Uvalde & G u lf____________ 12 See Grand Trunk System_____________ 7 Lehigh Valley________________________ Chicago Great Western________________ 5 Long Island. See Pennsylvania_______ 10 Seaboard Air Line_____________________ 12 Southern Railway_____________________ 12 Chicago Indianapolis & Louisville_____5 Los Angeles &. Salt Lake_____________ Southern Pacific______________ 12 and 14 Chicago Junct. S'ee Chic. River & Ind. 6 Louisiana & Arkansas________________ Chicago Milwaukee & St. Paul_________ 5 Louisiana Railway & Navigation C o_____ 8 South. R y. in Miss. See Col. &fGreenv_12 Chicago Peoria & St. Louis R R ________ 5 Louisiana Western. See Southern P a c ..12 Spokane International_________________ 12 Chicago River & Indiana_______________ 6 Louisville & Nashville__________________ 8 Spokane Portland & Seattle____________ 12 Chicago Rock Island & Gulf____________6 Louisville Henderson & St. Louis_______ 8 Staten Island Rapid Transit____________ 12 Chicago Rock Island & Pacific_________ 6 Maine Central_________________________ 8 Tennessee Central_____________________ 13 Chicago St. Paul Minn. & Omaha_____6 Maryland Delaw. & Virginia. See Penn. 10 Terminal Railroad Assn, of'St. Louis___ 13 Chic.TerreHa.&South. SeeC.M .& St.P. 5 Michigan Cent. See N . Y . Central____ 10 Texarkana & Ft. Smith. <See'Kan. C. So. 8 Cincinnati Indianapolis & Western____6 Midland Valley________________________ 8 Texas & New Orleans. $eej3o. P ac____ 12 Cincinnati Lebanon & N orth . See Penn .10 Minneapolis & St. Louis________________ 8 Texas & Pacific________________________ 13 Cine. New Orl. & Texas Pac. See South. 12 Minneapolis St. Paul & S. S. M ________ 9 Tol. & Ohio Cent. See N i Y . Central___ 10 Cincinnati Northern. See NS. Y . Central. 9 Mississippi Central_____________________9 Toledo Peoria & Western. See Penn____11 Cleve. Cine. Chic. & St. L. S e e N .Y .C . 9 Missouri & North Arkansas____________9 Toledo St. Louis & Western____________ 13 Missouri Kansas & Texas_______ 9 and 14 Trinity & Brazos Valley. See Colorado Coal & Coke. See Baltimore & Ohio____4 Colorado & Southern________________ 6 Missouri Kansas & Tex. R y. of T exas._ 9 & Southern___________________________6 Columbus & Greenville. See M ob. & O . 9 Missouri Pacific________________________ 9 Ulster & Delaware_____________________ 13 Cumberl. Val. & Martinsb. See P enn .10 Mobile & Ohio_________________________ 9 Union R R . (of Pennsylvania)_______ __13 Delaware & Hudson____________________6 Monongahela. See Pennsylvania______ 10 Union Pacific__________________ 13 and 14 .13 Monongahela Connecting_______________ 9 Utah_____________ Delaware Lackawanna & Western_____6 Denver & Rio Grande___________________6 M ontour_______________________________ 9 Vicksburg Shreveport & Pacific_______ .13 Virginian_____ ______ 13 Denver & Salt Lake_____________________ 6 Morgan’s Louis. & Texas R R . & SS. Co. See Southern P a c ific ..______________ 12 W abash_______________________________ 13 Detroit & M ackinac____________________6 Detroit & Toledo Shore Line____________6 Nashville Chattanooga & St. Louis_____ 9 West Jersey & Seashore. See Penn____11 13 Det. Gr. Hav. & Mil. See Gr. Tr. Sys. 7 Nevada Nor them _______________________ 9 Western Maryland__________ Detroit Toledo & Ironton_______________ 6 Newburgh & South Shore_______________ 9 Western Pacific________________________ 13 Duluth & Iron Range___________________6 New Jersey & New York. See Erie____ 7 Western Railway of Alabama__________ 13 13 Duluth Missabe & Northern____________6 New Orleans & North East. See South. 12 Wheeling & Lake Erie___________ Duluth South Shore & Atlantic_________ 6 New Orleans Great Northern___________9 Wichita Falls & Northwestern__________13 Luluth Winnipeg & Pacific_____________ 6 New Orleans Texas & M exico___________9 Wichita Valley. See Colo. & Sou_______ 6 East St. Louis Connecting______________ 7 New York Central______________________ 9 Yazoo & Mississippi Valley____________ 13 4 [V ol. 116. KAILW AY EARNINGS REVENUE RETURNS OF United States Railroads FOR DECEMBER AND FOR THE TWELVE MONTHS ENDING WITH DECEMBER. In the following we furnish detailed figures of earnings and expenses for December 1922, as compared with December 1921, and also for the twelve months ending with December 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— v?e 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 Canton EARNINGS. -— M on th o f Decem ber — 1922. $ 186,824 1,050 198,836 30,444 31,313 7.034 63,513 140.828 58,048 11,000 1 47.007 23,152 170 Freight r e v e n u e .___ Passenger revenue__ T o t., 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. EARN INGS. 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. EARN IN G S. 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___ T a x e s ___________ __ Uncollectible revenue. Net after taxes, &c. Net after rents.. . Aver, miles of r ’d oper. EARN ING S. Passenger revenue__ T ot., incl. other rev. Expenses— Maint .wav Maint. o f equiwn’tTraffic 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. EARN INGS. 1921. $ 121,527 2,079 129,574 26,237 17,068 6,468 47,511 104.885 24,689 9,000 1,003 14.686 — 14,980 170 & Ann Arbor Youngstown — Jan. 1 1922. to D e c . 31— — M onth o f D ecem ber — % 2,090,628 14,895 2,209,489 279,247 248,406 71.969 644,097 1,344.398 865,091 122,500 242 742.349 428,448 170 Alabama & Vicksburg — M on th o f Decem ber — — Jan. 1 to D e c. 31— 1921. 1922. 1921. 1922. S $ $ $ 212.812 197,987 2,148,854 2,459,319 71,680 699.737 727,608 68,097 273,033 3,ub3,635 3,397,144 3u3,506 582,164 70,389 52,016 584,742 670,756 55,590 39.385 604,115 99,710 97.825 8,034 10,951 97.574 110.412 1.153,686 1,415,613 244,227 225.093 2,604.018 2,935,537 461,607 459,617 59,279 47,940 234,586 229,452 23,930 20,496 883 224 257 124 231.931 35.092 27,320 224.148 286,393 255,329 43,743 27,395 141 141 141 141 Atchison Top & Santa Fe System A tch ison T opeka & S anta Fe — M on th o f Decem ber — — Jan. 1 to D e c . 31— 1921. 1922. 1921. 1922. 13,418,722 8.348.899 132964,660 129276.475 3.977.406 3 515.052 42.469,165 45.875,819 19,091,741 13.645.282 191506.230 189217,520 2,379,788 1,550,109 29,978,744 18,084,559 3.800,262 3,412,679 43,288,399 38.892,812 318,359 305,312 3,248,844 3,140.880 6,341,470 5,416,310 60,232,717 66.766,644 13,056.841 11,001.764 140356.508 130774,167 6,034,900 2,643,518 51,149,722 58,443,353 1,972.332 1,046,969 17,035,498 13,699,707 5.131 2,702 52,116 50.579 4,057,437 1.593.847 34.062.108 44.693 067 4,144,616 1,798,809 35,509,010 46.234.261 8,833 8,857 8.864 8,863 Gulf C olorado & Santa Fe — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1922. 1921. 1922. $ $ S S — I | I — Jan. 1 Baltimore & Ohio to D e c . 31— Includes Coal & Coke — M on th o f D ecem ber — — Jan. 1 to D e c. 31— $ 1922. 1921. 1922. 1921. 365,572 17,019,282 12,149,470 159506,625 156421,213 45,971 2,461,972 2,130,228 26,801.742 29,331,034 432,983 20,949,106 15,504,563 200843,170 198622,373 50,989 2,019,292 2,327,865 23,325,887 24,617,808 131,342 4,263,012 3,370,889 48,439,423 45.129,857 9,682 297,196 290,925 3,560,796 3,301,677 198,099 8,073,242 6,332,476 82,408.879 85.481.387 408,246 15,240,599 12.964,462 165021.375 166457,024 24,737 5,708,507 2,540,101 35,821,795 32,165,349 22,440 79,825 515,991 6,769,093 7,236,726 85,821 41.638 9,349 2,572 2.297 5.619.333 2.021.738 28,966.881 24,886.985 40,287 5,138,556 1,653,252 23,735,006 21,853,547 293 5,235 5,235 5,184 5,184 Atlanta & West Point B & O Chicago Terminal M on th o f D ecem ber — — Jan. 1 to D e c. 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1922. 1921. 1921. 1922. 1922. 1921. 1922. $ $ $ S $ $ $ $ 144,517 88.100 1,410,221 1,223,709 85,793 72,357 877,769 939,725 242,064 171,637 2,606,416 2,470,655 269,316 208,890 3,116,202 2,628,783 42,809 29,512 353,148 332,480 20,746 402,400 498,374 94,190 39,197 46,030 521,820 557,825 38,431 449,952 46,477 445,794 8,254 96,087 96,980 9,195 1,683 17,754 1.695 22,159 993,183 87,789 65,556 970,135 181.271 196.059 1,801,475 1,693,151 194.025 165,291 2,109,885 2,159,608 255.928 358,436 2.849.559 2.867,852 48,039 6,346 496,531 311,047 13,388 — 149,546 266,643 — 239,069 120,306 18,777 Cr9,704 153,725 51,398 590,684 445,892 38,357 13 18 1,667 45 20,086 6.827 1,794 1.487 29,249 190,696 16,032 341,139 — 39.497 — 194.730 — 325,835 — 705,047 130,623 13,612 8,740 450,197 230,690 24,464 — 112,446 945,835 93 93 93 93 90 91 90 91 1922. 1921. S 1,546,178 21.814 1,658,542 282,753 189,336 61,047 534,635 1,156,935 501,607 108,000 1,003 392.604 202,105 17C 1921. $ 366,798 47,162 430,332 78,079 15,108 8,207 186.626 302,189 128,143 37,974 1 90,168 58,210 293 1922. $ 4,305,008 509,843 5,053,161 615,525 971,940 111,591 2,225,249 4,119,391 933,770 260,640 411 672.719 426,862 293 1921. $ 4,273,676 625,830 5,139,215 671,732 1,010,696 99,544 2,269.144 4,218.811 920,404 256,574 151 663.679 490,382 293 & Atlantic Bangor & Aroostook —Jan. 1 to D e c . 31— — Jan. 1 to D e c . 31— — M on th o f D ecem ber — • 1921. 19ui. 1922. 1922. 1921. 1922. 1921. 1922. $ $ S $ $ $ $ $ 305,192 240,257 3,199,584 2,505,421 400,237 526,643 6,252.789 6,127,458 61,971 956,320 43.708 588,622 437,546 86,986 897,557 80,055 391,850 306,200 4,017,228 3,201,634 507,674 638,024 7,436,968 7,348,709 56,416 68.730 719.431 923,344 31,514 38,135 1,399,771 1,192,468 110.901 82,293 1,068,350 1,143.557 247,519 147,922 1,620,212 1,768,400 52,815 21,344 19,530 248,737 4,706 49,452 254,805 4,562 236,345 2,005,918 2,152.375 188,668 188.847 2.179.790 2,538,523 195.801 399.701 399.376 5,501.677 5.838,452 422,828 4.237,134 4.660,664 496,799 — 7,851 — 116,628 — 219.906 -1,459,030 238,648 1,935,291 1,510,257 10,875 230,320 412,679 29,314 44,113 535,522 4,851 29,144 153,395 1.796 13 6.360 8,078 26 80 2.173 99 — 12.715 — 145.871 — 379.661 -1.697,428 — 18,465 194.455 1,397,596 1.095.782 — 9,679 — 174,901 — 460,653 -1,774,150 16,006 199,251 1,656,892 1,215,764 639 639 616 660 623 660 639 639 Atlanta Birmingham — M on th o f Decem ber — Atlantic City — M onth o f D ecem ber — 1922. $ 103,236 132.013 259,025 93,314 36,529 6.334 175,768 319,746 — 60,721 20,137 1921. $ — Jan. 1 1922. Belt Railway of Chicago to D e c . 31— — M on th o f D ecem ber — $ 104,604 1,460,508 125,232 3,007,223 236,747 4,626,752 73,581 802,526 45,290 450,173 3.099 77,585 134,989 2,705,534 264,839 4.093.353 — 28,092 533,399 19,635 237,535 7 3,577 — 47,734 292.287 — 67,575 — 182,676 176 176 1921. S 1,375,080 3.132.212 4,615,848 767,252 613,327 45,505 2,473,930 3.945.849 699,999 228,723 100 441.176 64,397 177 1922. $ 1921. $ — J an . 1 1922. $ to D e c . 31— 1921. $ ... . _ . .. 412,637 363A38 4A59!369 4615L229 594,121 436,432 6,184,668 5,495,789 2,690,963 1,932.410 24,392,120 29,209,224 54,562 28,615 575,660 595,979 210,964 443,313 4.057,902 4.300,010 610,611 69,262 54,096 683,189 445,597 520,200 4,383,281 6,127,658 2,245 1,351 26,299 13,144 527,386 493,820 50,138 51,445 277,880 210,306 2.747,520 2,606,055 805,919 762.659 7,767,358 9,628,052 413.339 304.418 4,093,254 4.028,760 1,569,879 1.828.074 18,513,132 21.364.113 180,782 132,014 2,091,413 1,467,029 104,336 5,878,988 7,845.111 1,121,084 33,589 33,251 417,596 340,321 65,847 830,557 90.422 912,904 2,276 470 23,472 11.624 — 80.858 147,193 98.763 1,673,817 1,126.708 1,028,386 38.019 4,954.460 6,991.082 116,506 129,789 1,652,489 1,599,985 — 847 4,192,458 6,339,396 — 117,239 959,703 176 32 31 32 31 1,908 1,907 1,907 1,907 Atlantic Coast Line Bessemer & Lake Erie P anh an dle & S anta Fe — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem b er — — J an . 1 to D e c . 31— 1921. 1921. 1922. 1922. 1922. 1921. 1 922. 1921. 1 922. 1921. 1 922. 1 921. 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___ Taxes_______________ Uncollectible revenue. Net after taxes, & c. Net after rents______ Aver miles o f r ’d oper. S 622 ,76 4 138.061 8 0 1 ,7 5 5 9 4 ,7 9 9 1 66.915 9 .3 6 0 2 4 4 ,42 4 530 .50 0 2 7 1 ,2 5 5 6 8,314 165 2 0 2 .7 7 6 159.915 857 $ 506 ,47 7 125,144 681 ,72 2 90.401 2 3 7 ,77 4 10,254 342.181 704 ,58 2 — 2 2,8 60 4 9 ,0 6 9 576 — 7 2 .5 0 5 — 9 8 ,5 8 6 857 S 6 ,1 8 8 ,6 7 0 1 ,4 2 9,36 8 8 ,1 1 9,14 1 1 .9 2 1,80 0 2 ,2 9 4 ,1 4 5 8 8.087 2 .6 1 3.46 1 7 .1 2 6 .9 9 6 992 ,14 5 3 5 0 ,6 6 5 3,5 0 6 637 .97 4 2 3 6 ,61 5 857 % 7 ,4 0 7 ,4 3 0 1 ,6 3 9,90 6 9 ,5 3 1 ,9 5 7 680 ,00 0 2 ,6 9 3 ,6 4 5 8 2,2 65 3 .3 6 9 ,1 6 4 6 .9 9 8 ,2 3 9 2 ,5 3 3 ,7 1 8 2 7 3 ,76 0 3,171 2 .2 5 6 .7 8 7 1,877,411 857 S 4 ,8 3 2 ,3 0 9 1 ,6 6 4 ,2 9 9 7 ,0 7 7 ,1 9 3 8 6 6 .99 2 1 ,3 4 6 ,6 4 5 1 14,088 2 ,4 9 4 .8 4 2 5 ,0 1 1 .4 4 6 2 ,0 6 5 ,7 4 7 7 5 0 ,00 0 5 7,1 64 1.25 8.58 3 1 ,2 3 2,29 2 4 ,8 6 0 $ 4 ,2 1 6 ,9 0 3 1 ,4 7 4 .5 6 6 6 ,0 2 3 ,4 5 3 904 ,75 3 1 .3 0 1 ,2 2 4 103,654 2 ,4 4 9 .5 6 5 4 .9 2 3 .4 9 4 1 ,0 9 9,95 9 200,000 6 1,6 46 8 3 8 .31 3 732 ,17 7 4 ,8 3 9 S 4 8 ,8 5 7 ,5 5 9 1 5 ,8 7 1 ,3 6 7 7 0 ,8 2 3 ,3 4 7 8 ,4 3 4 ,9 5 6 1 4 ,2 9 7 ,1 8 0 1 ,2 7 6,12 3 2 6 ,0 1 8 .2 6 2 5 2 .0 3 3 .4 4 8 1 8 ,7 8 9 ,8 9 8 4 ,2 7 5 ,0 0 0 8 1,8 73 1 4 .4 3 3 .0 2 5 1 4 ,4 16 ,3 7 0 4 ,8 5 2 $ 4 4 ,5 5 6 ,7 4 1 1 6 ,7 8 7 ,0 5 6 6 6 ,7 3 0 ,7 6 8 9 ,8 5 9 ,4 4 4 1 5 ,2 34 ,7 8 1 1 .1 6 1 ,0 2 5 2 9 ,7 0 3 ,4 0 7 5 8 .0 0 5 .8 3 3 8 ,7 2 4 ,9 3 5 3 ,0 7 5 ,0 0 0 6 9 ,6 5 0 5 .5 8 0 .2 8 5 5 ,0 3 9 ,5 6 7 4 ,8 1 4 * 1 ,0 5 4 ,9 4 2 3 4 ,4 1 4 1 ,1 1 6,65 7 8 4,7 34 3 3 1 ,85 0 14,459 3 7 5 ,28 3 8 4 3 .67 2 2 7 2 ,9 8 5 134,817 13 1 38.155 3 9 7 .5 6 4 228 S S $ 640 ,56 3 1 3 ,8 4 7 ,9 6 7 1 2 ,7 9 3 ,1 7 8 3 8 ,0 2 2 3 8 3 ,0 6 2 4 7 4 ,9 3 5 696,441 1 4 ,5 1 1 ,8 0 3 1 3 ,5 2 7 ,5 9 3 C r l7 8 ,6 9 3 1 ,3 2 3 ,9 7 3 1 ,5 9 0 ,9 3 3 289 ,07 7 3 ,8 3 9 ,8 3 9 4 ,8 2 8 ,1 6 4 13,631 178 ,79 5 189 ,22 0 281 ,53 3 4 .3 5 0 ,4 8 6 4 ,2 4 9 ,4 6 1 4 4 0 .9 9 8 1 0,0 7 9 ,5 9 5 1 1 ,2 6 3 ,2 4 3 2 5 5 ,4 4 3 4 ,4 3 2 ,2 0 8 2 ,2 6 4 ,3 5 0 15,873 5 5 9 ,22 4 3 8 9 ,0 6 6 16 C r l3 8 187 2 3 9 .55 4 3 ,8 7 3 .1 2 2 1 .8 7 5 .0 9 7 2 8 2 .6 5 6 4 ,8 0 9 ,5 2 6 2 ,2 7 9 ,3 6 7 225 225 225 F eb ., 5 RAILW AY EARNINGS 1923.] Bingham & Garfield — M on th o f D ecem ber -------- Jan. 1 to D e c . 31— EARNINGS. 1922. $ 28,013 __ 28,628 4,857 11,579 1,424 10,412 32,986 — 4,358 4,483 78 — 8,919 7,058 34 Freight revenue--------Passenger revenue__ T ot., incl. other rev. E xponses— M aint.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 rents Aver, miles of r ’d oper. 1921. 1922. 1921. S $ $ 11,208 232,786 165,106 10 886 3,696 178,322 11,380 237,324 181,342 235,951 21,561 60,189 53,104 3,408 16,350 16,414 798 90,699 66,926 5,126 376,762 444,940 35,542 — 24,162 — 139,438 — 266,618 53,832 75,645 7,688 84 17 — 31,850 — 193,354 — 342,280 — 28,914 — 46,292 — 293,783 34 35 34 Boston & Maine Chicago & Eastern Illinois Central New England — M on th o f D ecem ber -------- Jan. 1 to D e c . 31— — M on th o f D ecem ber — — J an . 1 to D e c . 31— 1922. $ 531,978 18,744 585,247 91,003 124,543 4,197 275,273 506.829 78,418 41,496 26 36.896 — 12,581 295 1921. $ 576,241 21,110 629,216 90,863 101,956 3,800 320,915 429,717 199,499 71,497 114 127.888 78,447 295 1922. $ 6,222,291 225,665 6,790,751 1.404,670 1,091,545 51,759 2.535,633 5.217.236 1,573,515 288.162 282 1.285.071 751,880 295 1921. $ 7,770,888 287,905 8,382,790 1,582,145 1,218,545 46,910 3.009.321 6.022.487 2,360,343 296,668 1,420 2.062.215 1,297.332 30.1 Central Railroad of New Jersey! 1922. $ 1,882,149 441,513 2,523,000 210,649 630,721 41,042 1,004,666 1,971,828 551,172 115,000 1.398 434,774 494,441 945 1921. s 1,473,654 423,368 2,020,893 242,869 439,210 46,886 876.530 1,731.642 289,251 120.000 155 169,096 108,608 1,128 1922. s 18,257,139 4,580,655 24,731,348 2,782,201 6,567,570 508,835 10,354,312 21,134.733 3,596,615 1,155,001, 5,739 2,435.876 2,721,469 945 1921 s 20,28^,431 5.051,669 27,099,146 2,772,461 8,572,405 441,522 11.163,435 23 .144,405 3,154,741 1,210.0u0 6.060 1.938.681 2,153,582 1,130 Chicago & North Western — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— : — M on th o f D ecem ber — — Jan. 1 to D e c . 31—• 1922. $ 4,045,783 1,931,638 6,793,630 728,146 1.656,795 53,667 3,315.383 5.889,690 903,940 202,602 2.639 698.699 232,302 2,287 EARNINGS. 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. 1921. $ 3,914,302 1.879,801 6,444,565 830,277 1.334.390 45,318 3,472,685 5,910,663 533,902 044,203 6.069 572,036 321,044 2,287 1922. 8 48.316,267 22,556.855 79,800,123 11.076,742 16,112,965 659,242 36,445.903 67.054.397 12,745,726 2,580,677 5,094 10.159.955 6,475,740 2,287 1921. 1921. 1922. $ $ $ 47,955,013 3,501,178 3,250.525 23.646.420 710.690 758.721 78,477,418 4,585.612 4,136,735 12,892,701 450,191 474,422 15,929,725 1,415,612 1.799,853 704.989 32,439 35,878 40,418,533 2,205,200 1.714.387 73,158.885 4,271,828 4.160,008 5,318,533 313,784 — 23,273 2,728,224 482,829 88,215 7,281 244 11.005 2.583.028 — 111 ,732 — 588,367 — 239,637 — 76,469 2,295 691 685 Brooklyn Eastern District Term. 1922. 1921. 1921. 1922. S $ $ $ 40,306,297 8,056,678 6,482,438 100700.614 9.679,219 ^,54^.749 2.592,647 29.177.834 52,6f>0,997 11,990,925 10,678,008 146100,4:3/ 6,430.101 1,417,347 1,576,968 19,3 23,883 13.528,792 2,848,747 2,458,692 30,456,070 423,472 127,380 1.818,545 151,375 21,709.385 5,402,24-1 6,117,278 63 056,718 43,621 .696 10.217.205 10.670,953 119191,131 9,039,3i 1 1,773,720 — 92,345 26,909,303 748.100 394.0,87 8,998,100 2,830,745 33,830 2.540 4.898 2,138 6.206 r»i 1,020,722 — 488,570 17,877.373 5,998,/A-' 1,165,161 — 509,787 17,036,305 685 8,403 8,402 8,463 1922. * 36,517,863 9.535,483 49,488,471 5,530,944 12,973,254 409,849 21,781.282 42,197.422 7,291.049 3,556.883 21.775 3.718.391 3,375,154 691 Central Vermont — M onth o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — 1921. 1921. 1922. 1922. 1921. 1922. $ $ $ S $ $ 99,100 1,475,357 1,234,633 595.000 397,842 113,083 Freight revenue--------93,900 92,300 Passenger revenue— 107,059 1,573,325 1,318,073 758,781 566,253 T ot., incl. other rev. 122.875 67,194 109,014 6,729 66,249 5,324 67,224 E xpenses— M aint.way 18,499 194,803 235,111 116,971 8,395 38,775 Maint. of equipm’t3,384 733 2,368 Traffic expenses__ 100 10,315 9,875 488.890 596.777 40,724 464.992 247.983 Transportation exp. 48,712 913.211 917,299 468.237 T ot.exp.,incl.oth. 67,262 73,260 ■661,706 404,862 33,799 656,026 98.016 Net from railroad___ 55.673 157.075 78,616 105,099 6,294 30,106 8,260 Taxes . _ . . . . 34,713 50 139 Uncollectible revenue. 325,946 550.927 89.706 27,505 126.830 Net after taxes, &c. 2<.,960 325,966 550,927 27,371 71,609 Net after rents--------20,960 27,505 9 J 532 9 532 Aver, miles of r’d oper. 9 Buffalo & Susquehanna RR. Corp — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1921. 1922. EARNINGS. 1922. $ $ $ $ 999.978 151 .200 1,563,031 1 ,925,639 76,699 64,702 ______ ______ 6.122 7,628 Passenger revenue__ 163,822 1,675,822 2,052,782 240,620 T ot., incl. other rev. 459,217 33,936 384,298 Expenses— Maint. way 21,266 546,515 985,760 60.118 74,210 Maint. of equipm’t . 31,339 2,261 25,623 Traffic expanses. _ 2,289 607.380 750,598 Transportation exp. 83,474 59.690 169.772 1,676.136 2.351.927 ______ ______ T o t.exp., incl. oth. 195.861 — 314 — 299.145 — 5,956 44,759 Net from railroad____ 61,222 33,590 0 2 ,7 1 0 6,772 82 133 2 Uncollectible revenue. — 61,669 — 332,817 ______ ______ Net after taxes, &c_ 37.987 — 3,242 70.037 259,935 22.040 93,891 253 253 253 Aver, miles o f r ’d oper253 EARNINGS. 1921. $ 95,687,013 33.770.082 144/75,476 21,418,925 33,056,791 1,876 730 67,636.774 129091,428 15,684,048 8,464,1.87 18,078 7.201.883 6,651.137 8,402 Chicago Burlington & Quincy — Jan. 1 to 1922. S 5,677,849 1.207.452 7,626,626 1,045,831 1,092,053 150,455 3.949.302 6.520,lul 1,106.525 223,376 1.775 881.374 400,775 532 -— Jan. 1 to D e c . 31— 1921. 1921. 1922. 1922. $ $ $ $ 10,891,922 9,126,010 121388,901 122716,630 2,415.406 2,252,393 28 380.104 31,396,049 15,061,251 13,384.310 164916,470 168712,268 1,411,951 2,165,820 20,769,379 22,917,767 3,707,558 3,323,307 35,735,414 34,290,506 201,086 152,822 2,267,367 2,102.819 5,130.876 5.036.906 62 875,593 63,564.017 10.922 806 10.384.310 126777,703 128216.289 4,138.445 3.000,000 38,138,767 4u,495,979 852,568 723,545 10.890,007 9.718,568 03 3.60 0 3,165 31.338 25,057 3.282.712 2.310.055 27.217.422 3 t.752.354 3,067,405 2,449,286 25,152,173 29,145.007 9,393 9,393 9,393 9,393 D e c . 31— — M on th o f D ecem ber— 1921. $ 5,143,566 1,362,008 7.135.753 1,304,427 1,604,439 145,934 3.959,970 7.312,559 — 176,806 237,032 631 — 414.469 — 645,928 532 Chicago Great Western — M on th o f D ecem ber — ■ — Jan. 1 to D e c . 31—■ ______ ______ ______ ______ — ______ ______ ______ 1921. 1922. $ $ 1,533,428 1,175,170 397.612 369.577 2,148,750 1,687,405 161,426 311.535 409,500 522,427 58,176 60,442 946.404 858.008 1,650.143 1.823.084 498,607 — 135,679 105.316 83,216 238 123 393 052 — ■>19 048 284.482 — 336.594 1.496 1.496 1922. $ 17,730,271 4.343,267 24,224,788 3.640,961 5,705.835 761,049 10,334.248 21,274.235 2,950.553 985,698 2.955 1.961.900 265,183 1,496 1921. $ 17,577,932 4,885,265 24,273.653 3,685,783 5.216,771 777,729 10,422,714 20.989,981 3,283,672 899,938 1,648 2.382.086 812.681 1,496 Buffalo Rochester & Pittsburgh Charleston & Western Carolina Chicago Indianapolis & Louisville — M on th o f D ecem b er — — Jan. 1 to D e c. 31— ! — M on th o f D ecem ber —- — Jan. 1 to D e c . 31— — M on th o f N ovem ber — — Jan. 1 to N ov. 30— EARN INGS. 1922. $ 1,864,512 166.358 2,098,487 180,187 818,220 25,639 776.295 1.841,399 257,088 21,000 142 235,946 305,846 589 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. Net after rents -----Aver, miles of r'd oper. 1921. 1922. 1921. S $ S 1,024,948 14,376,684 11,962,147 158,714 1,652,354 1,794,910 1,239,678 16,756,681 14.399.526 88,905 2.391,382 1.977.389 412,485 6,504,441 4,939,769 215,636 237,250 16,600 510,992 6,722.824 6,272,775 1,065.310 16.343.726 13.917.032 482.494 412,955 174-368 347,829 366,000 02 ,1 7 1 5.263 1.519 133.146 41,692 176.539 735.691 550,680 157,140 589 589 589 Carolina Clinchfield & Ohio EARN ING S. Freight revenue______ Passenger revenue___ Tot., 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 of r ’d oper. 1922. 8 207,406 46,465 267,406 34,700 52,211 7,196 100,744 201.868 65,538 8,572 2,067 8GQ 43,46(3 3J2 . 1921. 1922. 8 S 2,575,789 2,600,692 505,998 465.745 3,221.243 3,282,057 803.256 494,085 500,035 796.513 80,537 78.176 1,315.472 1,580,386 2.470.486 3.346.44?’ 750,757 . — 64,3 a!94,126 129,572 3,030 7.278 618.155 — 16.5.793 517,107 — 275,642 342 342 Chesapeake & Ohio Lines 1922. S 1,028,612 243,063 1,414,719 129,289 315,466 30,645 522,468 1.045,411 369,308 66,813 12 302,483 189,017 654 1921. 1922. 1921. $ S $ 879,130 10,334,889 9,781,118 238,774 2,773,847 2,975,628 1,226,135 14,526,700 13,952,614 •78,848 1,503.778 1,513.104 258,017 3,172,730 3,53,0474 29,779 353,639 337,725 447,514 5,474.889 5,429,715 863,165 11.035,001 11.363,429 362,970 3,491,099 2,589,185 62,455 702,778 674,701 33 1,034 847 300.482 2,787.887 1,913,637 213,049 1,628,307 1,023,005 657 654 656 Chicago Milwaukee & St Paul — M on th o f D ecem ber — — Jan. 1 to D e c. 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— In cl. Chic Terre H aute & Southeastern 1921. 1921. 1922. 1921. 1921. 1922. 1922. — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. S S $ S S $ 1921. % 1922. 1922. 1921. $ 587,593 48,159 648,997 63,867 168,319 22,523 201,200 476,174 172,823 60,000 112,823 172,283 309 526,648 41,208 575,054 75.925 129,817 23,032 149,575 397,010 178,044 25,000 0396 153,440 225,189 291 6,973,043 482,369 7,608,602 890,359 1,621,632 263,707 2.011,720 5,015,787 2,592,815 565,000 779 2,027,036 2,864,428 299 6,790,147 522,693 7,464,112 979,799 1,740,747 269.117 2,084,818 5,320,171 2,143,941 440,000 1,801 1,702,140 2,492,298 291 6.148.065 959.057 7,511,792 1,135,734 2,040,419 80,627 2.249,927 5.719.222 1,792,570 358,701 955 1.432,914 1.387,818 2,550 Central of Georgia EARNINGS. 1921. $ 198,797 44,459 254,549 83,881 56.092 7,793 139.187 297.543 — 4-:,99-l 015,874 6,764 — 33 884 — 44,196 342 4,284,737 860,605 5,513,905 913,526 1,395,500 71,998 1.894,127 4,447.767 1,066,138 144,705 9,711 911,722 1,463,377 2,548 58,671,906 10.586,625 83,511,562 10,558,139 22,530,748 942,914 29.831.398 66.118.032 17,393,530 3,301,201 11,204 14.081,125 14,410,330 2,549 37,367,982 10,301,052 8,027,858 116005,731 1048.14,848 11,739,629 2,202,475 2.001,485 24,261,499 26,915,456 83,687,959 13,966,658 11 ,347,782 156950.628 146765.766 12,170,021 1,225,181 1,694,333 10,798,385 17,987,292 20,023,121 3,944,432 2,772,057 36,987,240 35,543,850 800,619 177,521 178,973 2,231,245 2,093,164 31,427,437 6,068,743 5,676,320 66,068,028 66,879.327 66,603,078 11,780,587 10.140,933 129596.696 127957,002 17,084,881 2,186,071 1,206,849 27,353,932 18,808,764 2,682,160 793,892 620.853 9,654,738 8,762,089 20,709 1 ,725 138.744 6,534 283.546 14,382.012 1.390.454 447,252 17,692.660 9.763.129 13,660,924 1,160,253 30,290 13,284,245 5,117,329 2,545 11.C30 11,025 11,029 10,808 Chicago & Alton Chicago Peoria & St Louis — M onth o f D ecem ber — —-Jan. 1 to D e c . 31— -— M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31 — 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__ _ Taxes . . . --------Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r ’d oper. 1922. $ 1,453.909 524,570 2,184,168 240,517 430,615 63,042 860,034 1.678,160 506,008 115,130 2.340 388.538 416,568 1,920 1921. 1922. 1921. $ $ S 922,305 15,863,478 14,565,644 443,180 5,132,159 5,483,676 1,477,813 23,263,021 22.057,499 127,912 2.983,857 3,449,358 260,331 4,389.661 4,711,702 778,476 777,175 70,885 913.382 8,824,396 10,052,517 1.456,831 17,941.396 20,020,843 20,982 5,321,625 2,036,656 46,299 1,215,071 . 899,875 46,589 21,745 26.671 — 51.988 4,084,809 1 ,090,192 6,346 4,375,578 1,220,655 1,919 1,913 1,913 1922. $ 1,990,682 600,104 2,881,988 278,713 67,772 62.182 1,087.834 1.575.403 1,306,585 140,447 50 1.166.088 979,591 1,050 1921. S 1,602,234 540,222 2,473,556 320,633 379.888 53,079 1,040,438 1.878.529 595,027 100,912 179 493.936 354,182 1,050 1922. $ 19,031,174 6.068.799 27,593,925 3,700.886 7,178,553 666,717 11,263.612 23.647.590 3,946.335 969,612 2,355 2.974.368 1,532.189 1,050 1921. $ 22,202,102 6.830.639 31,049,259 4,437,274 8,128,332 626,511 12.194,849 26.202,549 4,846,710' 1,031.435 5,420 3,809.855 2.134,004 1.050 1921. 1922. 1922. S $ $ 140,548 134,809 1,751.302 18 305 25,715 213,165 170,005 170,273 2,098,584 12.885 42,757 319.346 38.428 70,476 431,677 3,554 5,203 51,101 93,780 175.980 1.217.366 158.464 305.483 2.144.224 11,541 — 135,210 11,029 13,294 119,820 125 108 512 — 148 629 — 165.568 — 24,340 — 169,728 — 447,083 246 247 246 1921. $ 1,671,827 298,239 2,086,331 383,132 622,644 56,485 1.322.117 2.522.969 — 436,638 130,018 178 — 566,834 — 690,969“ 247 6 Chicago River EARN IN G S. 5 8 9 ,1 4 3 6 9 ,8 1 6 9 0 ,7 1 0 943 2 4 4 ,8 2 0 4 1 7 ,5 4 7 1 7 1 ,59 6 3 3,3 01 M aint. o f equipm’t Traffic expenses' __ Transportation e*p. T ot .exp.,incl .oth. Net from railrbad____ Taxes__________ Uncollectible revenue. Net after taxes, &c. Net after rents. Aver, miles o f r’d oper. Freight revenue_____ Traffic expenses__ Net from railroad____ Taxes__________ Uncollectible revenue. Net after taxes. &c. Net after rents. Aver, miles o f r’d oper. EARNINGS. Freight revenue______ Passenger reven u e... T o t., incl. other rev. Expenses— Maint.way Mamt. 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. 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-----U ncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r’d oper. & Indiana Includes Chicago Junction — M on th o f D ecem ber----------Jan. 1 to D e c . 31— 1 92 2 . 1921. 1 92 2 . 1 92 1 . Freight revenue. Passenger revenue___ T ot., incl. other rev EARN ING S. [V ol. 116, RAILW AY EARNINGS No comparative figures 4 ,2 9 9 ,8 1 0 4 4 2 ,1 6 7 5 0 9 ,4 1 8 6 ,1 4 4 1 ,6 9 3,11 3 2 ,7 2 2 ,4 2 9 1 ,5 7 7 ,3 8 1 3 1 0 ,0 1 9 No comparative figures 1 ,2 6 7 ,3 6 2 1 ,8 9 2 ,0 3 5 38 138 ,29 5 2 1 8 ,4 5 2 38 Colorado & Southern ( C on clu d ed ) Trinity Sc Brazos Valley — M on th o f D ecem ber----------Jan. 1 to 1 92 2 . 1 92 1 . 1 92 2 . 178 .89 9 4 16 6 74 9 4 1 8 8 8 4 2 2,601 2 7 .3 8 6 2 5 5 ,1 9 6 2 0 9 ,37 1 4 6 0 ,6 7 9 2 ,7 7 7 ,1 7 9 4 5 ,4 3 8 7 2 ,2 2 3 6 1 3 ,3 6 3 3 2 ,6 9 2 9 2 ,4 7 6 5 0 6 ,4 7 5 2 ,8 4 5 3 ,0 7 3 3 8 ,5 5 6 5 6,5 47 2C9.609 9 8e ,060 150 .99 5 2 ,2 7 2 ,4 4 9 3 8 2 ,4 7 7 5 8,3 76 7 8,2 02 5 0 4 ,7 3 0 1 1,503 2 ,0 1 3 8 8 ,5^3 373 562 1 ,0 4 4 4 6 .5 0 0 7 5.6 27 4 1 5 .1 8 3 1 8,0 84 3 ,7 2 6 — 1 3,8 58 3 68 368 368 D e c . 31— 1 92 1 . 3 149 166 2 4 5 ,8 2 9 3 ,5 0 1 ,0 1 1 6 5 4 ,7 0 0 6 1 5 ,5 8 8 3 5 ,3 9 6 1 ,3 6 9 ,2 6 0 2 ,7 8 9 ,2 6 7 711 ,744 7 9,7 64 1,607 630 ,27 2 2 8 8 ,06 6 368 Freight revenue--------Passenger revenue___ T o t., 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 rents--------Aver, miles o f r’d oper. Freight revenue______ Passenger revenue— T o t., incl. other rev. xpenses—Maint.way Maint. o f equipm’t . Traffic expenses__ Transportation exp. Tot.exp..incl.oth. Net from railroad____ Taxes Unoollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r’d oper. 120,221 419 5 7 ,5 9 9 5 7 ,1 5 8 385 D e c . 31— 1 92 1 . $ 1 4 4 9 .SOP 4 0 6 ,1 3 5 1 ,9 7 2 ,4 4 1 2 9 3 ,6 4 8 5 3 6 ,6 3 1 2 7 ,9 9 3 8 3 1 ,0 5 0 1 ,7 6 6 ,1 3 2 2 0 6 ,3 0 9 1 3 8 ,04 1 51 6 8 ,2 1 7 6 5,5 71 380 Chicago R ock Island & Pacific — M o n th o f D ecem b er— — Jan. 1 to D e c . 31— 1 92 2 . 1 921. 1 922. 1 92 1 . * S $ $ 6 ,8 0 0 ,7 6 3 6 ,3 2 8 ,2 3 3 8 3 ,2 4 1 ,7 6 1 9 3 ,1 9 6 ,6 4 5 2 ,3 2 6 ,3 3 3 2 ,2 3 5 ,7 2 6 2 6 ,7 2 2 ,7 7 8 2 9 ,3 7 8 ,7 4 1 1 0 ,0 0 6 ,6 3 6 9 ,5 3 8 ,0 0 5 1 19204,558 1 31766,857 1 ,8 7 9 ,4 4 3 1 4 ,8 4 5 ,8 4 0 1 9 ,6 6 3 ,8 5 7 1 ,1 9 7 ,9 8 5 8 7 0 ,3 7 0 2 5 ,1 9 0 ,6 9 9 2 7 ,5 9 1 ,3 5 5 2 ,3 5 4 ,9 5 5 2 ,1 4 0 ,2 5 7 2 ,0 7 9 ,7 5 3 186 ,91 7 1 77,373 4 ,2 6 5 ,3 6 7 4 ,5 3 9 ,2 7 0 5 0 ,1 6 4 ,8 2 7 5 4 ,3 2 5 ,2 9 5 8 ,3 1 7 ,4 9 7 7 ,7 3 5 ,8 9 3 9 5 ,7 6 0 ,7 9 5 10717 0,3 32 1 ,6 8 8 ,5 3 9 1 ,8 0 2 ,1 1 2 2 3 ,4 4 3 ,7 6 3 2 4 ,5 9 6 ,5 2 5 6 ,0 1 9 ,6 9 7 5 ,5 3 1 ,6 4 6 1 43,848 3 3 2 ,2 3 9 5,1 5 3 1,660 16,581 1 5,839 1,54 3,03 1 1 ,4 6 4 ,7 2 0 1 7 ,4 07 ,4 8 5 1 9 ,0 4 9 ,0 4 0 1 ,3 2 8 ,3 5 6 1 ,3 5 0 ,6 9 7 13,9 34 ,4 7 1 1 5 ,1 9 8 ,4 5 4 7,661 7,661 7 ,6 3 5 7 ,6 5 5 Cumberland Valley & Martinsburg Now included in Pennsylvania Railroad Detroit Toledo & Iron ton — M on th o f D ecem ber----------J an . 1 to D e c . 31— 1 92 2 . 1921. 1922. 1 921. S $ $ S 7 2 8 ,3 4 5 3 1 3 ,1 1 4 8 ,7 2 1 ,0 9 0 6 ,1 5 4 ,7 6 9 1 2,8 06 1 2,4 20 127 ,92 1 1 6 1 ,60 5 7 61,611 3 3 7 ,3 8 0 9 ,0 0 4 ,4 7 4 6 ,4 5 3 ,6 6 9 9 2,1 42 1 2 4 ,51 4 1 ,8 2 5 ,7 0 6 1 ,4 3 1 ,6 7 5 8 5 ,3 9 8 1 3 0 ,09 0 2 ,1 0 8 ,8 1 4 1 ,1 1 2 ,1 3 1 6 ,2 4 2 5,971 7 3 ,0 5 5 8 4 ,3 5 7 3 8 5 ,4 7 7 2 7 2 ,8 8 8 3 ,4 2 2 ,2 9 5 2 ,5 4 5 ,0 4 2 4 2 4 ,1 6 2 5 5 3 ,9 7 7 7 ,5 0 3 ,6 4 2 5 ,4 0 6 ,7 6 1 3 3 7 ,4 4 9 — 2 1 6 ,5 9 7 1 ,5 0 0 ,8 3 2 1 ,0 4 6 ,9 0 8 2 3 ,4 3 8 1 4,703 1 6 2 ,2 5 5 157 ,02 3 26 1 ,0 7 7 1,733 3 1 3 ,9 8 5 — 2 3 1 ,3 0 0 1 ,3 3 7 ,5 0 0 8 8 8 ,1 5 2 1 4 7 ,94 0 3 3 1 ,2 4 0 — 158 ,98 4 4 3 ,3 2 2 4 54 4 54 454 4 54 Chicago St Paul Minn & Omaha Delaware & Hudson D uluth & Iron Range Detroit & Toledo Shore Line D e c . 31 — — M on th o f D ecem ber ------- J an . 1 to D e c . 31 — 1 92 1 . 1 92 2 . 1921. 1922. 1 92 1 . $ $ $ $ $ 1 ,2 6 9 ,5 0 2 3 1 9 ,1 9 8 2 2 6 ,6 3 8 3 ,5 4 7 ,3 8 0 2 ,8 6 9 ,7 6 3 3 6 2 ,1 3 2 1 ,7 2 3 ,1 0 9 3 2 3 ,1 0 5 1 3 1 ,6 5 0 3 ,5 8 5 ,7 1 6 2 ,9 1 8 ,0 4 0 3 1 5 ,6 8 4 3 2,3 73 2 9 ,7 5 5 3 4 3 .49 1 3 5 7 ,8 4 5 1 3 8 ,49 7 3 3,0 52 2 5 ,0 9 0 2 9 0 ,1 0 7 4 0 6 ,0 9 9 < ■ , 04 Q 407 2 ,0 8 6 2 7 ,6 2 9 2 9 ,9 1 0 1 20 !09 6 6 2 4 ,86 5 1 2 4 ,22 7 1 ,0 7 0 ,6 1 8 9 3 6 ,6 9 0 1 ,0 9 7 ,9 8 6 1 9 7 .86 0 1 91,296 1.8 1 9,12 1 1 .8 1 7 ,0 7 7 6 2 5 ,12 3 125 ,24 5 4 0 ,3 5 4 1 ,7 6 6 ,5 9 5 1 ,ICO,963 70,121 2 7 ,1 0 0 1 4,0 00 220,000 160 ,00 0 296 352 3 56 7 9 7 .9 4 9 2 6.3 54 5 5 4 ,6 5 0 1 .5 4 6 .2 3 9 940 ,95 6 1 4,5 77 — 7 7,8 62 4 1 4 ,4 0 3 7 4 5 ,0 0 6 3 3 7 ,5 7 5 61 61 255 61 61 — M on th o f D ecem ber — — Jan. 1 to D e c 31— — M on th o f D ecem ber— — J an . 1 to D e c . 31— — M on th o f 1 92 2 . 1 921. 1 92 2 . 1 921. 1 92 2 . 1 92 1 . 1 922. 1 921. 1922. $ $ $ & s s S $ * 2 ,9 5 0 ,4 2 0 3 ,2 9 5 ,4 6 5 3 0 ,7 9 2 ,8 7 4 3 9 ,5 5 6 ,7 7 9 1 ,6 2 5 ,8 4 1 1 ,3 6 8 ,7 8 7 1 9 ,6 0 2 ,6 9 4 1 9 ,2 1 3 ,2 9 7 9 5 ,8 1 9 2 9 4 ,2 9 9 2 6 7 ,8 1 7 3 ,7 8 4 ,2 0 2 4 ,0 1 3 ,3 9 7 5 6 9 ,7 1 7 5 0 9 ,5 7 5 6 ,1 1 0 ,3 3 7 6 ,8 5 7 ,0 4 6 2 6 ,0 8 9 3 ,4 3 2 ,8 8 8 3 ,7 4 0 ,1 2 9 3 7 ,7 2 2 ,1 2 3 4 5 ,8 2 3 ,3 9 8 2 ,3 7 5 ,8 2 8 2 ,1 0 6 ,3 0 5 2 7 ,8 0 1 ,0 0 7 2 8 ,0 4 7 ,6 7 5 1 4 6 ,74 7 3 0 4 ,4 6 3 7 5 8 ,31 3 5 ,1 0 8 ,5 0 2 5 ,4 5 3 ,9 1 0 169 ,82 7 2 8 3 ,4 7 4 3 ,5 2 6 ,2 9 9 3 ,6 4 0 ,5 2 5 3 2 ,8 8 3 1 ,1 9 4 ,5 8 3 1 ,1 2 1 ,1 8 3 1 1 ,5 6 8 ,2 5 8 12,6 90 ,0 7 1 4 1 3 ,3 7 4 1410,640 5 ,0 1 1 ,2 5 2 5 ,7 1 4 ,3 9 7 1 2 9 ,92 8 4 1 ,9 0 8 3 8 ,5 5 0 5 2 5 ,1 2 2 4 9 2 ,7 4 9 3 0 ,6 3 1 4 0 9 ,4 8 6 1,275 4 0 ,2 2 5 4 0 7 ,8 3 5 1 ,6 8 1 ,7 6 0 1 ,4 6 7 ,9 6 0 1 6 ,0 17 ,1 8 1 1 7 ,7 3 5 ,1 4 5 139 ,75 7 9 8 1 ,6 5 0 1 ,1 9 1 ,3 4 4 12,3 90 ,7 6 1 1 3 ,6 9 9 ,3 2 0 3 ,3 8 7 ,6 7 4 3 ,5 6 6 ,8 4 8 3 5 ,4 8 5 ,3 9 7 3 8 ,4 9 7 ,5 8 6 3 2 7 ,5 1 7 1 ,6 8 2 ,9 6 7 1 ,9 9 8 ,3 4 5 2 2 ,2 9 7 ,0 5 1 2 4 ,5 1 9 ,4 2 3 4 5 ,2 1 4 173,281 2 ,2 3 6 ,7 2 5 7 ,2 2 5 ,8 1 2 — 1 8 0 ,77 0 107 ,96 0 5 ,5 0 3 ,9 5 6 3 ,5 2 8 ,2 5 2 6 92,861 C r7 8,00 0 7 9 ,5 0 0 8 6 4 ,5 9 0 9 5 4 ,0 0 0 1 ,5 4 5 ,9 9 3 7 5 ,9 4 0 C r2 36 ,7 9 8 5 1 ,3 9 6 1 ,2 7 2 ,1 9 8 103 1 0,7 69 1 5 ,8 6 8 10 1 ,3 0 6 8 ,4 0 4 1 3,030 2 3,5 73 123,111 93,781 1 ,3 6 1 ,3 6 7 3 3 6 ,3 5 4 3 ,9 4 4 ,9 3 3 6 ,2 5 5 ,9 4 4 — 2 3 2 .1 7 6 6 1 5 ,6 1 5 2 ,2 3 2 ,4 8 1 7 4 ,8 9 2 153,771 1 ,2 1 6 ,6 6 9 7 ,0 7 6 .8 0 3 — 2 33.931 3 3 1 ,6 1 3 3 ,8 1 2 ,6 7 1 7 0 6 ,0 1 7 1 ,8 4 2 ,8 5 2 886 887 887 881 2 79 1,7 4 9 1 ,7 4 9 1,749 1,7 4 9 — M on th o f D ecem ber----------Jan. 1 to 1922. 1 92 1 . 1 922. $ $ S 3 2 1 ,5 4 3 2 4 5 ,9 6 0 3 ,5 4 7 ,5 7 1 4 9,7 11 5 2 ,3 6 6 5 4 7 ,4 9 8 4 0 6 ,50 3 3 2 1 ,5 3 4 4 ,3 6 3 ,6 9 4 3 2,8 35 51,541 532 ,08 4 960,011 9 1.2 72 6 1,6 43 1 0,598 9 ,7 9 8 131,075 188,753 156 ,34 6 1 .8 9 0.30 5 3 4 4 ,68 3 3 0 2 .37 3 3 ,7 7 4 ,6 9 6 6 1 ,8 2 0 19,161 5 8 8 .9 9 8 7,391 18,7 33 198,745 43.087 846 347 1 1.7 70 — 692 321 390 .25 3 59,7 79 347 & Western D e c . 31— — M on th o f D ecem ber----------Jan. 1 to D e c . 3 1 — 1 9 2 2 . 1 9 2 1 . 1 9 2 2 . 1921. 1 921. $ $ S S S 4 ,7 3 3 ,2 1 7 4 ,7 5 2 ,9 3 2 5 1 ,6 3 0 ,9 1 9 6 3 ,6 6 6 ,3 1 5 2 ,8 2 6 ,5 2 7 1 ,2 0 1 ,8 7 5 1 ,1 2 7 ,4 6 5 1 4 ,0 3 9 ,8 0 1 1 4 ,5 3 3 ,7 1 2 6 8 5 ,07 6 6 ,7 6 1 ,1 5 1 6 ,6 1 9 ,9 5 4 7 4 ,8 7 3 ,6 0 5 8 6 ,2 4 3 ,3 9 4 3 ,7 1 6 ,5 7 2 5 9 0 ,7 1 4 1 ,0 5 2 ,7 7 6 7 ,8 9 4 ,6 4 3 1 0 ,1 3 8 ,3 8 7 742 ,80 7 1 ,9 6 3 ,7 7 6 1 ,4 9 2 ,2 6 8 1 8 ,7 5 3 ,4 3 5 1 9 ,1 2 5 ,6 5 6 1 ,1 3 6 ,0 6 7 1 01,142 106 ,38 0 1 ,3 5 7 ,7 4 3 1 ,3 1 2 ,8 6 9 136,713 3 ,2 9 7 ,6 7 2 2 ,8 4 7 ,0 8 3 3 3 ,5 2 5 ,0 6 5 3 5 ,1 1 7 ,1 1 6 1 ,8 4 5 ,4 4 2 6 ,1 7 1 ,4 1 3 5 ,7 1 3 ,1 6 6 6 4,1 4 5 ,8 1 3 6 8 ,3 7 7 ,5 2 0 4 ,1 4 8 ,1 3 6 5 8 9 ,7 3 8 — 431 ,56 4 9 0 6 ,78 8 1 0 ,7 2 7 ,7 9 2 1 7 ,8 6 5 ,8 7 4 3 8 3 ,8 1 7 1 ,0 0 1 ,5 5 5 4 ,9 2 0 ,2 6 2 5 ,3 3 7 ,5 3 0 1 54,297 1,631 9 ,9 4 2 59 745 12,2 95 — 9 5 ,5 1 2 5 ,7 9 7 ,5 8 8 1 2 ,5 1 6 ,0 4 9 2 0 4 ,2 9 0 — 585.920 3 2 9 ,1 3 0 — 7 28,403 — 7 3 ,3 4 9 6 ,6 6 9 ,0 2 2 1 2 ,9 9 7 ,0 8 4 9 94 994 321 994 994 Colorado & Southern o f D ecem ber ------- Jan. 1 to D e c . 31— 1 9 2 2 .' 1921. 1922. 1921. 9 7 4 ,6 5 8 7 7 5 ,0 5 7 1 0 ,1 2 1 ,5 4 8 9 ,8 9 7 ,7 6 1 163 ,08 6 1 5 8 ,65 2 2 ,0 3 2 ,0 9 0 2 ,3 9 4 ,2 0 4 1 ,2 4 5 ,2 0 0 1 ,0 2 3 ,2 3 0 1 3 ,1 9 6 ,2 3 6 1 3 ,2 2 3 ,2 2 0 1 ,9 9 3 ,4 6 4 1 57,447 181,931 1 ,9 6 6 ,3 8 5 3 8 6 ,3 8 5 3 1 7 ,2 4 9 3 ,0 9 0 ,8 1 8 2 ,9 8 1 ,2 5 7 146,129 1 2,389 1 2,123 1 57,518 4 86,041 4 0 0 ,3 2 6 5 .0 3 8 ,9 5 7 4 ,7 0 3 ,0 2 7 l ,1 0 o ,2 1 9 976 ,60 5 1 0 .8 94 ,6 6 5 1 0 ,5 23 ,8 9 0 144,981 4 6 ,6 2 5 2 ,3 0 1 ,5 7 1 2 ,6 9 9 ,3 3 0 110 ,60 9 758 .97 2 0 2 ,9 5 6 829 ,85 3 183 5 ,6 8 9 3,661 7 ,6 4 3 4 4 ,1 8 9 4 3 .8 9 2 1 ,4 6 8 ,0 5 7 1 ,9 3 2,71 5 22,102 1 ,0 6 1 ,8 7 7 3 4 ,3 9 4 1 ,9 0 3 ,7 9 5 1 .0 9 9 1,099 1,0 9 9 1,099 — M on th Freight revenue--------Passenger revenue__ T ot., incl. other rev. E xpenses— M aint.way Maint. o f equipm’t. Traffic expenses— Transportation exp. T o t.exp. ,ind .oth. Net from railroad____ Taxes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ ver. miles o f r’d oper. EARN IN G S. 1 3 ,7 3 2 2,601 385 1 to 1922. $ 1 3 64 SOP 3 5 3 ,0 5 0 1 ,8 7 5 ,6 6 4 3 0 9 ,3 5 2 5 8 4 ,6 9 7 2 5 ,8 6 7 7 0 8 ,6 8 6 1 ,6 9 7 ,4 2 5 1 7 8 ,23 9 Wichita Valley D e c . 31— — M on th o f D ecem ber ------- Jan. 1 to 1 92 2 . 1 92 1 . 1922. 1 921. S $ $ $ 5 ,8 1 0 ,6 1 9 1 5 6 ,4 8 7 8 9,2 81 1 ,0 4 5 ,0 7 5 2 5 ,1 3 0 2 9 ,5 5 5 2 7 8 ,0 3 6 1 ,2 0 0 ,5 4 9 1 8 9 ,90 0 127 ,00 4 7 ,5 1 0 ,2 5 5 1 ,4 1 5 ,4 8 8 1 9,5 98 2 8 ,4 9 7 1 ,1 2 5,14 3 2 4 3 ,4 0 7 1 5,943 9 8 0 .32 0 8 ,9 7 0 1 2 4 ,81 9 10 35 157,843 448 5 4,1 21 3 ,3 4 6 ,7 7 2 5 0 ,2 5 7 5 5 3 ,9 7 7 5.807.280. 9 1 ,0 7 9 8 9 ,1 4 3 9 3 6 ,3 0 4 9 8,821 4 7,8 61 1 ,7 0 2 .9 7 5 4 7 9 ,1 8 4 120,523 3 ,8 3 5 3 ,9 0 7 7 8,6 61 16 3 179 8 ,0 5 0 1 .5 7 4,40 2 9 4 ,9 7 0 3 3,9 51 4 0 0 ,3 4 4 1 ,2 3 5 ,4 2 3 7 7 ,6 3 6 2 2 ,6 0 7 2 3 1 ,6 5 2 256 461 255 2 56 Colorado & Southern System EARN ING S. 1 — 1 4,940 — 8 ,1 7 3 3 85 — J an . Chicago R ock Island & Gulf — M on th o f D ecem ber ------- Jan. 1 to 1922. 1921. 1 922. $ $ $ 4 3 4 ,5 5 5 3 3 2 ,52 1 4 ,4 7 6 ,5 7 9 7 3 .0 3 6 83,7 81 9 2 7 ,3 5 5 4 6 9 ,9 3 0 5 ,8 8 1 ,6 7 4 5 5 1 ,1 3 3 7 3 ,0 0 8 855 ,30 2 56,0 83 1 07,747 9 0,2 42 913,221 12,9 29 1 2,7 58 158,974 2 6 7 ,40 7 2 9 9 ,4 4 4 2 ,7 0 7 ,0 8 2 4 9 0 .5 4 5 4 ,8 1 e ,129 4 6 0 ,4 3 8 1 ,0 7 1 ,5 4 5 9 0,6 95 — 2 0,6 15 143,487 C r3 ,9 62 12,4 65 189 3 .4 2 3 5 ,2 0 7 922 .86 0 78,041 — 2 0 ,0 7 6 722,101 6 4,1 27 — 44,581 461 461 461 Cincinnati Indianapolis & West Delaware Lackawanna EARN ING S. Detroit & Mackinac — M on th o f D ecem ber — 1922. 1921. $ $ SO K91 7 7 .4 4 8 3 3 ,3 5 2 3 4 ,6 5 9 1 30,192 125,471 2 5 ,2 7 4 4 ,0 9 8 3 9 ,3 9 0 3 4 ,7 1 8 1,966 2,1.59 6 1 ,5 4 4 6 4,0 73 135 ,12 0 110 ,73 8 — 4 ,9 2 8 1 4,733 1C,O il 11,000 Denver & Rio Grande — M on th 1922. s o f D ecem ber ------- J an . 1 to D e c . 31 — 1921. 1 92 2 . 1 921. 2 ,3 7 7 ,5 7 5 416 ,46 1 3 ,0 3 0 ,4 1 9 3 2 2 ,41 3 9 4 3 ,68 8 48,631 1 ,2 3 8 ,4 3 5 2 ,6 8 1 ,0 5 9 3 4 9 ,36 0 1 08,840 85 2 4 0 ,43 5 2 8 0 ,66 2 2 ,5 9 3 s 1 ,7 6 4 ,7 5 9 3 9 8 ,9 2 9 2 ,3 7 5 ,3 0 1 3 3 1 ,7 8 0 6 0 9 ,80 8 5 6,3 37 8 7 9 ,3 3 4 2 ,0 0 9 ,6 6 1 3 6 5 ,6 4 0 1 74,800 133 190,707 1 84,574 2 ,5 9 3 $ $ 2 5 ,0 3 6 ,2 1 2 5 ,5 8 5 ,6 2 4 3 3 ,3 5 0 ,5 9 4 4 ,9 9 7 ,3 8 1 7 ,5 7 0 ,1 1 9 543 ,64 7 1 1,6 15 ,1 4 2 2 6 ,3 0 4 ,8 0 5 7 ,0 4 5 ,7 8 9 1 ,8 3 0 ,0 1 5 7 ,7 0 6 5 ,2 0 8 ,0 6 8 5 ,5 5 8 ,4 5 2 2,5 9 3 2 4 ,2 1 6 ,6 0 6 6 ,0 2 2 ,3 8 3 3 2 ,6 2 1 ,4 1 9 6 ,4 2 2 ,4 3 0 7 ,8 9 4 ,5 1 1 5 14,891 1 1 ,2 8 5 ,4 6 3 2 7 ,7 4 6 ,0 8 9 4 ,8 7 5 ,3 3 0 1 ,8 4 4 ,1 4 6 4 ,5 7 9 3 ,0 2 6 ,6 0 5 3 ,4 0 9 ,3 5 3 2 ,5 9 1 D ecem ber----------J an . 1 to 1921. 1922. * $ 5 9 ,8 6 4 6 ,0 3 7 ,5 2 8 1 8,6 a6 2 1 0 ,1 0 0 9 6 ,5 0 7 6 ,8 1 8 ,6 5 8 1 03,707 1 ,0 9 6 ,6 7 7 1 15,354 1 ,3 0 9 ,8 7 3 1,276 14.251 9 8,8 14 2 ,0 0 4 ,9 2 6 3 3 7 ,0 7 5 4 ,6 4 8 ,8 6 3 — 2 4 0 ,56 8 2 ,1 6 9 ,7 9 5 C r l6 ,6 7 7 5 1 8 ,5 2 4 134 402 — 2 2 4 ,02 5 1 ,6 5 0 ,8 6 9 — 2 3 5 ,8 9 7 1 ,6 8 6 ,3 2 3 281 280 D e c . 31— 1 921. * 4 ,2 4 7 ,7 8 9 2 5 9 ,2 2 3 4 ,9 7 2 ,5 1 4 1 ,0 9 5 ,7 5 5 1 ,1 4 1 ,1 9 5 1 4 ,2 0 8 1 ,8 8 7 ,6 3 3 4 .3 6 9 ,5 4 8 6 0 2 ,9 6 9 2 9 8 ,8 5 2 3 29 3 0 3 ,7 8 8 2 9 5 ,8 4 1 2 76 D uluth Missabeffe Northern o f D ecem ber ------- Jan. 1 to D e c . 31— 1922. 1921. 1922. 1 92 1 . % $ % S 1 0 1 ,0 0 5 7 3 ,7 5 6 1 3 ,3 0 0 ,9 6 0 1 0 ,6 7 1 ,2 3 3 2 8 ,4 4 5 4 3 ,4 0 9 4 2 0 ,9 5 8 5 9 3 .7 1 7 163 ,27 0 135 ,51 0 1 4 ,9 76 ,8 1 1 1 2 .3 7 4 ,9 4 9 1 1 7 .81 0 7 9,5 84 1 ,8 9 9 ,0 5 3 1 .9 8 5 ,7 1 3 1 9 7 ,39 6 145 ,65 9 1 ,8 5 5 ,4 2 9 1 ,9 5 5 ,3 1 8 3 ,0 1 4 3 ,1 2 2 3 7 ,9 2 7 3 8 ,6 6 6 195 ,98 0 2 0 4 ,0 6 4 3 ,4 9 4 ,4 0 3 3 ,0 4 4 ,8 7 0 4 5 4 ,2 9 4 7 ,5 5 1 ,4 8 4 5 4 2 .16 0 7 ,3 1 1 ,6 1 1 — 3 7 8 ,8 9 0 — 3 1 8 ,7 8 4 7 ,4 2 5 ,3 2 7 5 ,0 6 3 ,3 3 8 1 0,087 1 1 4 ,28 5 8 0 9 ,9 3 5 1 ,3 8 0,76 1 11 32 1 — 3 8 8 ,98 8 — 4 3 3 .0 6 9 6 .6 1 5 ,3 6 0 3 ,6 8 2 .5 7 6 — 3 9 1 ,71 5 — 4 2 5 ,01 0 6 ,5 7 9 ,6 0 7 3 ,6 5 0 ,3 8 9 305 306 3 06 3 06 — M on th Duluth South Shore & Atlantic — M on th 1 92 2 . s o f D ecem b er --------Jan . 1 to D e c . 31 — 1921. 1922. 1 921. 2 5 5 ,7 7 3 107 ,94 3 4 0 5 ,9 3 4 3 7 ,1 1 0 6 9 ,8 2 7 8 ,8 4 0 2 1 4 ,3 2 8 3 4 8 ,8 6 4 5 7 ,0 7 0 3 2 ,6 1 9 4 2 4 ,4 4 7 1 7,2 77 591 s 1 7 5 ,3 0 2 9 1 ,4 1 0 2 9 2 ,3 7 7 3 4,3 81 7 1 ,8 9 2 6,201 1 9 0 ,9 5 9 3 2 1 ,3 6 8 — 2 8,991 3 8 ,3 9 7 2 — 6 7 ,3 9 0 — 74,2 16 591 $ 2 ,9 5 3 ,0 9 7 1 ,0 8 3 ,9 2 2 4 ,4 9 2 ,3 5 4 732 ,33 6 688 ,57 4 8 0,7 18 2 ,2 7 1 ,8 3 9 3 ,9 7 2 ,5 2 8 5 1 9 ,82 6 3 8 3 ,6 1 9 3 06 135,901 8 6 ,9 6 2 591 s 2 ,8 5 2 ,5 9 0 1 ,1 6 1 ,0 7 5 4 ,4 6 4 ,8 6 0 8 6 6 ,8 0 7 9 7 0 ,8 1 0 8 0 ,1 2 9 2 ,4 2 0 ,0 4 3 4 ,5 6 5 ,2 0 0 — 1 0 0 ,34 0 3 5 7 ,0 8 5 445 — 4 5 7 ,87 0 — 5 9 4 ,5 3 0 591 Fort Worth & Denver City Denver & Salt Lake D uluth W innipeg & Pacific — M on th o f D ecem b er----------Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f N ovem ber ------- Jan . 1 to N o v . 30 — 1 92 2 . 1 921. 1 92 2 . 1921. 1 922. 1 921. 1 92 2 . 1 921. 1922. 1 92 1 . 1922. 1 92 1 . $ s s $ $ $ $ $ $ $ $ $ 1 4 6 ,38 8 1 1 6 ,11 9 6 7 3 ,0 4 6 5 7 2 ,4 1 4 6 ,8 5 2 ,5 7 5 8 .0 2 7 ,5 2 3 1 ,2 6 2 ,6 7 7 2 ,3 5 8 ,2 2 2 1 4 0 ,53 3 1 4 7 ,61 8 1 ,5 2 5 ,7 3 1 1 .7 7 7 ,7 6 7 1 5 ,8 1 4 1 9,7 97 2 0 9 ,5 2 2 3 6 8 ,6 4 4 190 .91 1 2 1 1 ,5 8 6 2 ,2 6 6 ,7 5 1 2 .7 2 5 ,4 1 8 2 3 .8 3 9 2 6 ,9 4 4 2 2 7 ,7 2 6 3 2 8 ,3 1 5 9 1 3 ,21 1 148 ,19 2 8 2 8 ,0 3 9 9 ,7 1 7 ,0 3 7 1 1 ,3 3 4 ,9 5 6 172 ,99 9 1 ,5 8 0 ,5 0 9 2 ,8 7 9 ,0 5 8 1 68,823 180 ,91 9 1 ,8 1 1 ,5 3 0 2 ,1 6 9 ,6 5 2 7 4,701 1 2 2 ,52 3 8 59 455 1 190 947 2 9 ,1 9 9 2 2 ,8 3 7 510 ,23 1 6 7 6 ,1 8 2 4 1 ,4 2 4 9 4,9 08 3 6 7 ,7 1 0 5 3 8 .3 8 0 2 4 7 ,9 8 6 2 0 1 ,62 1 8 6,0 51 3 0 ,1 6 6 4 9 9 ,0 2 3 2 ,1 2 4 ,6 4 8 2 ,0 9 6 ,6 4 7 8 0 0 ,2 2 2 28,8 51 4 3 6 .0 7 9 3 8 ,6 3 4 468 ,05 1 1 0,8 89 1 0,911 1 3 b ,182 1,0 2 8 1,078 1 36,825 1 1,715 1 3,323 3 ,6 1 2 4 ,5 5 3 4 4 ,9 4 2 6 0,1 22 2 9 4 ,6 8 0 2 8 9 ,3 9 7 3 ,1 2 4 ,0 8 6 3 ,5 9 0 ,6 6 5 73,5 21 3 8 ,1 8 0 5 6 2 ,3 9 5 1 ,1 6 2 ,3 1 5 8 2 ,2 1 5 7 6 ,7 6 4 8 0 7 ,0 3 5 1,061,335 6 6 5 ,2 4 9 6 6 3 ,2 3 5 6 ,7 2 5 ,8 9 0 7 ,5 1 2 ,2 0 5 195 ,94 4 9 8 ,3 8 4 1 ,6 5 4 ,9 1 7 2 ,7 3 3 ,1 9 1 1 60,676 2 1 8 ,8 6 5 1 ,7 1 6 ,7 8 4 2 ,2 3 9 ,6 5 2 2 4 7 ,9 6 2 1 6 4 ,8 0 4 2 ,9 9 1 ,1 4 7 3 ,8 2 2 ,7 5 1 4 9 ,8 0 8 — 2 2 ,9 4 5 — 7 4 ,4 0 8 145 ,86 7 8 ,1 4 7 — 3 7 ,9 4 6 9 4 ,7 4 6 — 7 0 ,0 0 0 2 9 ,5 5 3 1 8 ,6 5 2 5 1 o ,6 1 4 3,8 2 3 1 02,823 3 8 5 ,0 2 6 9,071 102,071 8 ,4 4 5 9 ,0 4 9 9 9 ,5 1 8 114 ,91 0 392 53 1 ,2 4 4 1 1 46 2 ,7 3 7 2 07 34 66 2 1 8 ,0 1 7 1 4 6 ,0 9 9 2 ,4 7 4 ,2 8 9 3 ,4 3 4 ,9 8 8 ' — 2 6 ,7 6 9 4 0 ,7 3 6 — 177 ,27 7 4 3 ,5 8 9 — 298 — 4 6 ,9 9 5 — 4,806 — 184,976 2 2 2 ,9 6 5 1 6 9 ,35 7 2 ,3 6 0 ,2 4 9 3,457,1121 4 6 ,2 2 5 — 1 51,463 — 2 8 ,9 0 8 3 2,8 71 — 2 ,9 9 9 — 4 9 ,7 6 9 — 3 6 ,3 5 9 — 2 0 9 ,4 1 0 4 56 4 54 255 2 55 2 55 178 456 454| 255 178 178 178 F eb., 1923.] 7 RAILW AY EARNINGS E a s t S t L o u is C o n n e c t i n g F o r t S m it h & W e s t e r n G ra n d T r u n k W estern E l g in J o l i e t & E a s t e r n G a lv e s t o n W h a r f G rea t N orth ern Passenger revenue__ T et., incl. other rev. Expenses— Maint.way Maint. o f equlpm'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. — M on th o f D ecem ber -------- J an . 1 to D e c . 31— — M on th o f D ecem b er — -—Jan. 1 to D e c . 31— — M on th o f N ovem ber ------- J an . 1 to N o v . 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ $ $ $ $ $ s s s s $ $ 123,103 91,997 1,278,737 1,311,021 1,104,494 1,029,523 12,193,380 10,686,263 199,283 149,858 1,841,204 2,087,430 294,916 310,460 30,505 25,293 205,700 116,734 2,099,554 1,598,645 164,921 135,837 1,692,267 1,773,094 1,393,324 1,246,186 14,898,780 13,417,702 118,276 1,498,465 2,061,132 13,020 219,770 138,768 13,513 151,637 424,373 33.492 28,521 327,802 76,116 264,634 0 6 ,8 2 8 6,406 279,347 3,212,167 2,917,221 93,225 397,737 28,346 24,015 295,402 358,239 299,531 25,896 31,793 294 367 3,636 4,188 61,526 4,902 5,414 57,358 567,931 6,032,825 6,150,113 78,342 706,701 749.411 710,368 571,853 59,397 580,522 57,303 53,265 88,522 82,366 987,431 1.090,203 132,105 120,121 1,352,543 1.702,584 1,056,237 1,055,478 11,680,559 12,213,957 70,510 508,442 337,087 190.708 3.238,221 2,203,745 117,178 34,368 1,112,123 32,816 15,716 339,724 600,166 769,886 62,930 77,206 38,969 151,838 63,861, 67,188 32,654 5,800 7,188 69,600 1,293 82 12 100 .64 895 143 200 99 1,812 602,286 2,468,253 960,221 444,569 259,738 127,678 78,209 • 1,714 26,816 268,312 2,427 8,429 599,455--1,016,451 317,755 102,462 — 33,623 63,408 — 5,304 848,801 — 74,195 20,803 — 276 169,531 347 • 3 347 1 3 1 253 347 347 249 253 249 EARN INGS. — M on th o f D ecem b er — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — -—Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1922. 1921. 1922. 1921. 1921. 1921. 1922. 1921. 1922. 1922. 1922. EARN INGS. * 1,939,779 10 2,161,187 139,130 620,607 11,287 702,548 1,511,528 649,659 189,869 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. Net after rents______ Aver, miles o f r’d oper. 459,790 330,091 459 $ $ $ 1,441,804 19,234,898 17,575,835 113 69 1,591,021 21,483,415 19,334,942 144,918 1,778,918 2,305,822 324,455 4,489,479 4,303,274 144,382 144,781 10,654 470,731 6,867,183 6.412,124 984.659 13,697.891 13,613,039 606,362 7,785,524 5,721,903 968,208 0 3 ,3 1 5 1,154,697 3 357 609.674 6,630,827 4.753.338 519,647 5,152,091 3,334,951 456 459 459 El P aso & S o u th w e ste rn • —Jan. 1 to D e c . 31— — M on th o f D ecem ber — 1921. EARNINGS. 1922. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint.way Maint. o f equipm’t- 935,638 180,399 1,170,017 110,318 192,749 36,650 298,560 699,622 470,395 22,811 $ 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. 447,584 426,603 1,139 1921. 1922. $ $ $ 549,417 8,030,930 7,946,709 172,114 1,748,490 2,270,722 787,030 10,421,837 10,910,087 150,080 1,668,672 1,920,360 140,778 1,674,698 2,236,117 29,274 319,287 330,605 220,957 2,727,425 3,299,908 524.817 7,016,588 8,420,673 262,213 3,405,249 2,489,414 97,853 932,755 1,083,644 2,630 842 18 164,342 2,471,652 1,403,140 144,969 2,260,162 1,165,688 1,139 1,027 1,027 135,117 Cr8,955 4,407 655 38,060 82,466 52,651 65,218 3 — 12,570 — 12,073 13 Erie EARNINGS. 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 o t.exp., incl.oth. Nat 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 ot., incl. other rev. Expenses— M aint.way Maint. of equipm’tTraffic 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 of r’d oper. EARN IN G 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____ Taxes_____ __ Uncollectible revenue. Net after taxes, & c. Net after r e n t s _____ Aver, miles o f r ’d oper. — Jan . 1 —251,549 —251,919 13 1,597,562 505,599 44,495 8,810 376,788 1,204.838 392,724 246,218 4,857 141,649 144,447 13 G e o r g ia — Jan. 1 $ 358,218 125,543 516,577 32,232 158,129 18,756 189,007 416,981 99.596 Cr2,099 891 100,804 128,767 328 $ 230,915 109,125 358,397 54,900 83,563 23,662 196,595 375,207 — 16,810 18,790 — 35,600 — 16,496 328 1922. 2,608,285 876,367 59,910 9,334 593,408 1.907.405 700,880 210,500 2,717 487,663 485,725 13 G reen B ay $ 3,641,692 1,214,060 5,241,926 490,484 993,185 237,788 2,416,599 4,370,003 871,923 75,121 6,502 790,300 811,838 328 1921. S 3,514,093 1,330,289 5,197,503 584,963 1,179,447 240,792 2,780,233 5,025,838 171,663 84,289 280 87,096 146,358 328 Freight revenue______ Passenger revenue__ T ot., incl. other rev. E xpenses— 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. $ 1922. $ 710,938 7,998,757 314,680 3,771,812 1,220,293 13,427,625 269,582 2,163,518 135,134 2,468,414 11,828 161,659 624,699 4,200,802 1,010,102 9,431,825 210,191 3,995,800 111,990 769,374 C r l,102 6,085 99,303 3.220.341 62,661 2,699,262 764 764 1921. $ 7,809,744 4,010,241 13,558,013 2,988,273 2,534,978 156,865 5,194,967 11,303,427 2,254,586 805,135 Crl 77 1,449,628 981,723 764 1921. 1922. $ $ 82,993 13,803 106,395 12,912 27,827 2,721 47,024 96.233 10,162 8,099 85,542 17,636 109,876 20,808 Cr28,744 2,320 35,498 34,198 75,678 14,791 2.063 8,279 234 60.877 58,279 252 1922. 1921. 1922. 1921. Detroit Grand Haven & Milwaukee — Jan . 1 to N o v . 30— 1922. S 439,886 36,958 529,223 54,662 48,615 7,926 232,101 358,358 170,865 3,692 265 166,910 99,784 139 1921. $ 387,541 41,658 452,220 54,007 77,919 11,124 222,206 382,114 70,106 7,070 2 63,034 — 10,551 189 1922. $ 4,188,212 401,700 4,957,147 350,467 529,179 92,939 2,374,852 3,726,530 1,230,617 57,508 447 1,172,662 480,511 189 $ 78,065,563 15.112,453 103452,937 13,153,322 19,585,290 1,628,315 42,179,201 79,636.038 23.816,899 8,097,725 15,534 15.703,640 17,276,598 8,260 $ 74,700,241 16,460,280 101317,204 13,865,917 21,075,308 1,601,478 40,494,719 80,496.913 20,820,291 8,291,224 48,079 12,480,988 12,866,411 8,163 W e ste rn — J an . 1 to D e c . 31— & 1922. 1921. $ 1,067,944 178,094 1,349,240 249,597 226,344 29,714 526.777 1,066,885 282,355 96,099 311 185,945 159,402 257 $ 1,087,582 207,219 1,395,576 259,472 248,956 22,493 508,340 1,076,859 318,717 96,219 222,498 192,661 252 Gulf & Ship Island — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem b er — — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f N ovem ber — 1921 S to D e c . 31— — M on th o f D ecem ber — 1922. 1921. 1922. 1921. $ $ % $ 8,133,246 5,382,092 74,451,663 82,011,727 89,170 1,098,882 1,072,292 94,319 1,124,100 1,096,784 13,158,896 14,198,445 169,506 18,688 21,695 206,985 9,989,141 7,020,062 95,292,290 102835,505 115,686 1,362,046 1,389,678 124,398 1,151,988 1,245,478 11,293,736 12,503,602 17,158 203,696 15,089 313,292 3,102,978 3,063,912 30,704,091 30,649,198 197,556 22,815 15,374 234,155 1,532,238 113,868 103,136 1,593,610 8,974 97,986 95,458 8,120 4,414,883 3,623,797 43,597,245 46,088,573 51,762 535,989 720,903 85,955 9,131,732 8,388,252 91,067,867 94,893,209 142,440 1,116.182 1.458.058 97,673 857,409 - 1,368,190 4,224,423 7,942,296 245,864 — 68,380 26,725 — 26,754 106,799 38,103 3,321,474 3,167,255 74,983 77,350 Cr8,592 6,258 2,016 48,102 42,787 3,072 552 1,016 1,427 167 748,594 - 1,409,365 854,874 4,732,254 169,865 — 147.157 20,300 — 18.714 780,451 - 1,261,291 2,146,911 5,569,108 99,106 — 237,605 17,372 — 25,742 1,989 2,039 1,989 2,039 400 405 405 405 C hicago & Erie Grand Trunk System — M on th o f D ecem b er — — Jan. 1 to D e c . 31— A tla n tic & St. Lawrence HR. 1921. 1921. 1922. 1922. — M on th o f N ovem ber — — Jan . 1 to N o v . 30— $ * $ S 1922. 1921. 1922. 1921. 1,007,371 524,438 10,093,543 9,200,422 216,740 187,432 1,900,951 1,870,676 713,272 824,184 65,035 55,878 34,210 475,521 29,703 420,781 1,147,171 657,415 11,581,813 10,703,591 281,393 237,411 2,538,469 2,521,404 134,938 80,755 1,405,767 1,502,702 652,712 792,621 57,693 27,477 210,915 136,804 2,008,552 1,850,955 376,967 35,968 34,615 449,416 17,151 16,264 228,851 227,651 36,864 3,511 54,795 4,157 636,243 4,985,044 6,200,648 477,725 139,736 1,366.094 1.475,225 155,648 10,263,948 911,611 9,033,657 874,962 259,159 2.604,662 2,972,632 239,723 439,643 272,209 — 254,196 2,548,156 — 66,193 — 451,228 41,670 — 21,748 571,192 541,752 Crl 1,452 60,642 13,440 175,064 193,522 9,900 118 1 259 53 59 25 27 283,636 — 314,839 2,006,145 — 131,667 31,770 — 35,215 — 241,310 — 644,809, — 36,802 — 713,711 -1,502,001 -3,435,413 — 27,515 — 77,272 — 904,832--1,285,010 269 269 269 269 166 166 166 166 New Jersey & New Y ork Chicago Detroit & Canada Gr. Trunk Jet. — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f N ovem ber — — Jan. 1 to N o v . 30— 1921. 1921. 1922. 1922. 1921. 1921. 1922. 1922. $ * % $ * $ $ $ 19,841 18,159 231,588 231,658 200,786 135,614 1,795.930 1,547,828 106,358 98,264 1,210,742 1,212,732 9,094 11,634 94,067 151,208 129,837 120,655 1,502,772 1,487,954 245,884 151,897 2,083,311 1,795,969 8,543 192,509 193,783 11,988 190,345 22,807 154,889 13,511 29,313 237,431 22,019 273,798 140,022 235,505 12,898 29,457 1,060 735 14,772 17,752 37,612 28,751 3,162 3,493 85,760 848,241 724,692 774,677 85,404 840,790 86,831 68,225 122,088 126,689 1,370,166 1,319,836 101,114 146,673 1,095,879 1,284,668 511,301 7,749 — 6,034 132,606 168,118 987,432 144,770 5,224 4,822 736 36,593 32,820 13,308 7,231 116,006 63,875 253 7 160 334 125 871,266 447,092 — 6,770 95,760 135,173 131,455 — 2,007 2,927 223,010 — 25,372 — 32,115 — 219,404 — 189,472 114,050 — 25,475 677,231 59 59 59 59 47 45 47 45 1922. $ 721,349 348,993 1,274,968 174,368 244,652 19,594 376,836 846,638 428,330 45,972 800 381,558 345,494 764 $ 6,216,261 5,512,205 1,352,332 1,178,207 8,533,565 7,675,481 825,816 866,891 1,400,812 1,627,767 135,446 133,011 4,120,547 3,036,375 6.755.630 5,939.310 1,777,935 1,736,171 581,022 ’ 506,364 13.077 838 1.196.075 1,216,730 1,465,287 1,255,936 8,161 8,255 Georgia & Florida to D e c . 31— Florida East Coast EARN INGS. 136,622 243,440 8,908 755 82,598 367,671 —231,049 20,500 1921. 1922. $ $ — M on th o f D ecem ber — Erie System — M on th o f D ecem ber — $ $ 1922. $ 1921. $ 181,146 172,661 46,546 43,657 249,625 229,921 41,773 42,878 67,538 29,652 7,852 7,986 Cr577,281 774,424 — 443,668 878,870 693,293 — 648,949 53,064 C rl,816 88 24 640,141 — 647,157 617,015 — 650,352 307 307 — Jan . 1 1922. to D e c . 31— 1921. $ $ 2,279,448 2,128,790 473,358 526,054 2,947,651 2,852,960 536,522 522,585 527,436 466,195 91,672 78,656 261,265 1,740,787 1,503,173 3,041,478 1,444,478 — 188,518 263,012 217,377 1,385 357 1,180,081 — 404,252 1,125,851 — 434,350 307 307 Gulf Mobile & Northern — M on th o f D ecem ber — 1922. 364,167 47,480 432,956 47,216 76,276 13,264 149,714 300,505 132,451 36,879 1,349 94.223 90,055 436 1921. $ 282,354 42,430 336,885 48,838 48.230 14,203 165,690 290,793 46,092 18,318 205 27,569 19,526 436 — Jan . 1 1922. $ to D e c . 31— 3,930,741 418,212 4,541,436 648,110 758,719 169,015 1,57±,726 3.320,391 1,221,045 29* ,309 2,754 918.*82 791,222 436 1921. $ 3,407,105 489,327 4,086,217 703.030 789,877 156,823 1,82°,722 3.653,017 433,200 234,058 406 198.736 98,873 453 Hocking Valley — M on th o f Decem ber — 1922. 1921. $ . $ 1,120,990 710,798 105,336 98,581 1,297,091 870,753 109,785 102,203 487,588 127,498 11,569 10,414 335,010 431,043 606,932 1,071,968 263,821 225,123 5,213 59,959 409 Cr326 219,501 323,454 236,180 364,104 348 350 — Jan . 1 to D e c . 31— 1922. 1921. $ $ 11,637,209 11,924,979 1,076,466 1,270,021 13,855,464 14,093,001 1,381,538 1,686,611 4,157,351 4,366,047 139,802 131,599 4,706,930 4,972,440 10,747,133 11,572,394 3,108,331 2,520,607 978,009 811,788 1,709 274 2,128,613 1,708,545 2,245,067 1,560,741 348 350 Illinois Central — M on th o f D ecem ber — — Jan . 1 to D e c . 31— 1921. 1921. 1922. 1922. 1921, $ $ 8 S o * 3,429,414 10,945,525 8,243,078 19849,020 107092,090 487,050 2,505,322 2,089,320 24,264.251 24,740,351 4,161,915 14,415,811 11,086,427 154860,387 141127,066 437,485 1,839,538 Crl005,871 20,538,117 19,692,889 715,498 3,102,764 Cr909,255 36,236,119 39,481,605 227,117 161,510 2,314,555 1,887,711 108,200 2,281,024 5,216,763 4,468,977 55,934,969 53,603,440 3,944,437 10,697,600 3,000,562 119129,269 109997,791 217,478 3,718,211 8,085,865 35,731,118 31,129,275 969,236 315,178 LI,208,967 8,119,036 56,823 2,292 17,387 15,413 8,159 24,319 152,496 2,746,683 7,753,300 24,506,738 22,985,920 — 474,196 2,918,348 7,941,191 25,121,128 24,396,770 4,784 4,799 189 4,784 4,799 RAILW AY EARNINGS In te r n a tio n a l & — M on th o f D ecem ber — 1922. EARN IN G S. s 962,908 223,349 1,298,229 204,440 338,764 20,652 25,310 1,151.442 146.787 33,465 Freight revenue______ Passenger revenue__ T o t ., incl. other rev. .Expenses— Maint.way Maint. o f equipm’t-. Traffic expenses___ Transportation exp. T o t.exp., in cl.oth . Net from railroad___ Taxes________ _ Uncollectible revenue. Net after taxes. &c_ Net after rents______ Aver, miles o f r'd oper. 113.322 89,733 1,159 G rea t N o rth e rn L a k e S u p e r io r & I s h p e m in g L o u is ia n a & A r k a n sa s — Jan. 1 to D e c . 31— — M on th o f N ovem ber —---- Jan. 1 to N o v . 30— — M on th o f D ecem ber — — Jan . 1 to D e c . 31— 1921. 1922. 1921. 1922. 1922. 1921. 1921. 1922. 1921. 192a. 1921. S $ $ S $ $ $ S $ $ $ 847,216 10,733,365 13,178,384 38,932 21,680 252,086 197,127 2,799,534 2,870,848 894,770 333,327 221.681 2.479,458 2.961,982 71 42,758 89 38,614 400,080 723 410,975 1,923 1,192,146 14,674,116 17,639,782 45,279 304,352 25,828 1,065,616 246,212 3,294,233 3,380,764 404,356 229,560 2,273,392 2.924,392 14,676 49,520 13,080 629,480 222,100 50,263 187,366 640,584 223,267 2 811,317 3,546,090 12,292 49,468 62,301 9,153 481,489 111,256 165,783 774,343 27,707 313,575 316.218 217 237 8,241 6.746 2,488 92,099 2,806 77,933 564,515 5,747,645 8,768,432 17,632 11,267 87,304 238,332 90,397 1,004,153 1,140,715 130,325 1.098.567 12.280 301 16.254 947 203.780 47,553 36,107 216,864 2,304,073 2,728,910 603,045 519,217 93,579 2,393,815 1,384,835 — 2,274 100,572 — 10,279 29,348 990,160 462,571 — 114,861 651,854 42.939 392.817 448,313 5,486 44,603 27,852 5,359 61,758 285,131 228,524 59,904 502 14,161 16,435 153 774 1,125 50.138 1.986.837 920.087 — 7,760 55,96'9 — 15,638 400,813 — 174,765 1,343 704,255 422,187 — 16,746 1,318,387 — 324.441 — 4,661 — 15,310 53,809 4,459 695,547 417,173 — 169,655 349,143 1,159 33 302 1.159 1,159 33 302 302 33 302 33 In te r n a tio n a l EARNINGS. 1922. 1921. $ $ 2,066,311 2,094,339 402,148 ' 575,208 2,658,610 2,808.902 402,367 531,275 522,642 553,579 53,146 46,754 1,315,093 1,419,049 2,338.“>00 u 508 078 320,410 209,924 180,229 203,075 6(. ,373 12,774 19,388 92,001 2.347 11.815 1,612,304 120,571 129,740 1.2U1.VJU2 150,320 206,488 61,241 95,065 — 44,692 7.054 36,209 5C.407 41,594 31,167 629,742 987,994 213,908 99,327 66,963 51,680 233 63.470 43,723 233 6,849 140.181 25,403 — 136.889 233 233 — 51.746 — 51,524 13 10,427 21,567 13 558.827 828.965 183,339 65,871 28 117.440 190,135 13 1922. S 123,193 9,655 140,168 13,429 28,801 5.098 64,905 117.416 22,752 Cr5,062 23 27.791 32,284 272 1921. S 95,163 11,268 113,776 26,235 25.095 4,677 80,978 152,011 — 38,235 8,543 — 46,778 — 41,020 272 1921. S $ 1,160,541 1,517,974 118.217 164.333 1,375,952 1.789,643 287,454 372,097 286,349 517,073 57,194 65,142 742.421 881,711 1.443.462 1,992,182 — 67,510 — 202,539 SI.600 96,985. 73 30 — 152,183 loss’ 99.554 — 151.222 — 257,679 272 272 1922 1922. 1922. S 176,257 13,645 195,968 36,049 34,314 5,152 79,189 160,586 35,382 5,997 22 29,363 11,745 465 Aver, miles of r’d oper. $ Aver, miles of r’d oper. EARN ING S. Passenger revenue___ T ot., Incl. other rev. Transportation exp. T o t. exp ., Incl .oth. Uncollectible revenue. Net after taxes, Ac Net after rents _____ Aver, miles of r’d oper. 1921, S 137 077 14,732 165,009 24,720 29,352 5,120 100,632 166,518 — 1,509 3,947 1922. 1921. $ 114,581 173,929 13 1922. S 197,028 3,413 211,189 19,300 36,679 1,390 93,047 159,735 51,454 17,931 1921. $ 243,250 3,737 255,917 37,177 96,051 1,893 102,474 246,609 9,308 11,645 1922. * 2,240,094 45,773 2,412,760 314,957 438,251 17,345 1,082,166 1,947,728 465,032 163,332 $ 33,523 21,810 96 — 2,337 — 31,219 96 301,700 118,015 96 Kansas C ity S outhern — Jan. 1 to D e c . 31— 1922. 1921. 1921. 1922. 1.394,397 1,123,089 14,551,142 15,905,722 200,142 166,857 2.027,952 2.269,030 1,747,621 1,419.918 18,221,027 19,609,283 185,077 257,675 2,333,293 2,797.823 365,734 374,170 3,822,501 3,634,163 438.769 459,711 38,834 3^,046 533,052 497,077 6,399,281 6,844,924 1,187,792 1,255.073 13.786.591 14.600.297 559,829 1ti4,845 4.434,436 5,008,986 78,238 93,459 1,159,334 993.097 176 3,449 .8,087 4,735 4.007.802 481.415 67,937 3.270.367 62,719 2,928.772 3.814,194 42409 767 767 767 767 Texarkana & F ort Smith — M on th o f D ecem ber — — Jan. 1 to D e c. 31— 1921. 1921. 1922. 1922. $ S S $ 173,042 122,645 1,784,983 1,795,540 173,672 16,514 202,785 15,783 205,994 150,795 2,140,153 2,177,755 35.066 6.469 229,053 202.825 54,910 17,298 278,371 256,019 63,552 5,684 60,697 5,038 623,818 770,614 88,654 66,031 170,566 126,330 1,296,869 1,403,211 35,428 24,465 843,284 774,544 156,342 59,095 39,178 02 2,85 8 281, 118 41 789 715,168 — 3,868 47,282 686,153 23,921 436,351 — 7,527 470,083 81 93 81 93 Passenger revenue ___ Transportation exp. Tot. exp., incl. oth. ^ Uncollectible revenue. Net after taxes, A c.! Aver, miles of r’d oper. & Gulf — — — — — ________ ________ _ — — 1922. 264,195 14,789 287.555 49,541 45,465 7,686 103,744 217,510 70,045 9,579 60,466 43,362 314 1921. 194.169 15,398 217,263 29,541 11.813 5,013 97,572 152,785 64,478 11,530 124 52,824 34,724 314 1922. 2,670,582 153,566 2,933,928 532,581 330,415 71,090 1,039,454 2.098.768 835,160 117,258 225 717,677 555,993 314 1921. 2,042,559 183,280 2,337,527 541,221 369,049 51,803 1,028,688 2,118,614 218,913 111,565 175 107,173 — 7,449 317 _____ — ________ ________ _______ _______ — Lehigh & New England i— M on th o f D ecem ber — 1922. S 536,188 2.024 547,469 28,158 193,976 6,909 190,880 345,087 202,382 39,141 26 163.215 143,841 235 1921. $ 267,749 2,006 277,757 63,383 104,197 11,580 129,218 323.976 — 46.219 22,070 — 68.289 — 53,467 237 — Jan. 1 to D e c . 31— 1922. 8 4,485,530 22,951 4,597.073 620,636 1,101,779 106,164 1,647,730 3,664,039 933,034 219,424 26 713,584 721,887 236 Lehigh Valley 1921. * 4,576,145 25,241 4,775,737 734,885 1,169,866 80,160 1,617,195 3,795,741 979,996 226,437 753,559 876,759 237 1922. S 179,458 62,004 256,742 56,933 63,964 6,484 92,713 228,063 28,679 47,431 2 — 18,754 — 38,539 199 — M on th 1921. S 136,. 16 55,807 216,533 59,023 37,872 6,067 74,607 185,470 31,063 12,625 1 18,437 6,623 199 1921. S 3 04R 888 416.043 3,863,970 815,550 540,171 124,908 1.600.860 3 900 491 034,049 199,575 1.257 433 717 128,025 343 1922. S 90,649,901 22,794.889 121140,207 16,873,493 30.018,531 2,539,232 46,926,652 99,600,025 21,540,182 4,686,149 13.700 16,840,333 17,637,714 5,038 1921. $ 86,815,588 23,193,389 117149,124 18,668,760 33,270,928 2,485,080 51,252,762 108957,124 8,192,000 3,534,650 40,819 4,616,531 3,874,426 5,041 1922. S 4,434,831 602,039 5,494,765 418,742 1,863,489 96,889 2,453,980 4.992,914 501,851 48,391 389 353,071 384,304 1,335 1921. $ 4,391,264 542,920 5,312,289 321,060 1,423,621 105,045 2,364,094 4,391,009 921,280 137,871 34.338 749,071 812,404 1,334 Los Angeles o f Decem ber — $ 1,318,755 493,452 2,013,065 399,219 569,414 56,709 751,584 1,876,586 136,479 119,627 90 16,762 — 20,129 1,137 1921. $ 849,119 387,212 1,418,384 239,120 346,057 58,529 559,177 1,282,564 135,820 39,999 105 95,716 39,130 1,168 1922. 1921. 2,102,949 653,731 2,980,217 596,857 391,105 68.464 1,014,310 2,161,101 819,116 190,702 58 628,356 459,110 199 1 736 760 696,388 2,641,457 498,590 490,009 72,791 975,733 2,132,334 509,123 68.303 184 422,636 270,361 199 $ * Maine Central — Jan. 1 to D e c . 31—• 1921. 1922. 1921. $ $ $ 1,634.984 14,183.105 14,275,951365,696 4.601,186 4.909,998 1, 17.535 20.387,172 20,590,064 378,967 3.197,115 3,926,105 3 11.790 3,302,012 4,704.186 10.549 163,596 158,741 752,573 9.181.872 10,153,522 1,532.053 16.413 38.3 19.533.352 — 14,518 3,943,789 1.056.712 104,667 1,183,447 1.263,982 1.674 0.097 2,909 — t /u,859 2,761,245 — 210,179 — 154,212 2,842,643 — 466,962 1,194 1,194 1,194 o f D ecem ber— 1922. $ 1,074,463 380 543 1,636,965 228,256 0172,425 i-\07 > 860.627 U/ * ry/ L O' 8 1 87,516 249 576,62 > 580,569 i .194 Midland Valley — M on th o f D ecem ber —■— Jan. 1 to D e c . 31— — M onth o f D ecem ber — — M on th Formerly Missouri Oklahoma & G u lf 1922. — Jan . 1 to D e c . 31— — M on th o f D ecem ber — 1922. $ 3 018 861 389 889 3,604,117 747,127 577,623 123.771 1.392.702 9 07* 0/17 629,O/U 206,161 2.934 419 975 88,642 343 L o u is v ill e H e n d e r s o n & S t L o u is — Jan . 1 to N ov . 30— — M on th o f N ovem ber — $ — M on th o f D ecem ber -— 1922. 1921. $ S 268,374 194,983 41.589 37.770 334,277 248,555 57,608 89,792 54,152 64,242 10.809 11,529 136,537 202.125 382,290 270.232 64,045 — 133,735 20,170 23,690 25 55 43.850 — 157.480 10,965 — 179,436 343 343 1921. 1922. 1921. S $ $ 3,076,757 7,539.863 6,039,926 50,133 2,233.214 1,859,380 3,242,288 10,370,586 8,405,120 381,909 1,291,439 1,495,132 607,374 2,474,744 2,321,860 221,258 21,330 225,414 1,326,640 4,380,416 4,109,940 2,429,841 8,656,556 8,432,288 813,447 1,714,030 — 27,168 393,434 145,306 362,959 2,486 3 13,617 667,138 1,318,110 — 403,744 394,962 1,370,119 — 326,388 96 5,038 5,038 1921. 1 374 189 1,884,257 138,040 215,074 1,600,627 2,199,355 293,680 468,469 594,821 355,798 57,169 64,431 887,286 1.251,316 167,064 2.460.575 — 69,437 — 261.220 71,984 71,597 1,613 25 — 5,456 — 143.034 — 332,842 — 24,461 — 323,671 — 549,061 465 465 465 Kansas Oklahoma EARN INGS. 1922. $ L e h ig h & H u d s o n R iv e r L o u is v ill e & N a s h v ille — Jan. 1 to D e c . 31— — M onth o f D ecem ber — — J an . 1 to D e c . 31— — M on th o f D ecem ber — Kansas City Southern System Uncollectible revenue. Net after taxes, &c. 1921. $ K a n s C i t y M ex & O r R v o f T e x a s — Jan. 1 to D e c . 31— — M on th o f D ecem b er — Uncollectible revenue. Net after taxes, <fcc_ Freight revenue. ___ Passenger revenue ___ T ot., incl. other rev. E xpenses— Main t .way Maint. of equipm’tTraffic expenses__ Transportation exp. Tot.exp.,incl. oth. L o u is i a n a R a ilw a y & N a v C o D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. $ 256,037 38.342 310,737 22,095 4„,732 4,813 139,958 221.192 89,545 26,075 K a n s a s C i t y M e x ic o & O r i e n t R R — J an . 1 to D e c . 31— Passenger revenue__ T ot., incl. other rev. Expenses— Maint.way M aint. o f equipm’tTraffic expenses__ Transportation exp. Tot.exp.,incl. oth. Net from railroad__ EARN INGS. L a k e T e r m in a l — Jan. 1 to 1922. * 267,320 44,382 329,086 26.809 56,36.-* 4.683 160,256 251,894 77,192. 10,229 -— M on th o f D ecem b er — 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. &e. Net after r e n t s .-----Aver, miles of r’d oper. EARNINGS. R y C o o f M e. — M on th o f D ecem b er — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — Passenger revenue__ T o t., incl. other rev. Expenses— Maint.way Maint. of equipm'tTraffic expenses__ Transportation exp. Tot.exp. .incl.oth. Net from railroad____ Taxes_______________ Uncollectible revenu*. Net after taxes, &c. Net after rents. Aver, miles o f r’d oper. EARNINGS. [V ol. 116. 1922. 1922. 1921. 1921. 8 $ * * 50,612,722 62.380,650 294,854 258,083 7,022,954 7,700,392 77,446 75,076 62,418,889 74,997,799 388,935 346,217 106,367 7,076,757 7,759,910 54,400 19,759,604 25,074,682 159,358 49,037 1,241,057 1,221,686 7,106 4,278 29,152,786 31,172,297 144,168 144,458 434,646 59,023,940 67,238,068 236,925 3,394,949 7,759,731 — 45,711 109,292 1,993,216 2,026,088 23,859 49,198 102 0 7 ,2 6 6 40,684 28 — 69,672 1,408,999 5,692,959 158,462 590,084 5,842,520 — 86,715 152,456 1,334 365 1,334 383 & Salt Lake Minneapolis — Jan . 1 to D e c . 31— — M on th o f D ecem ber — 1922. 1921. 1922. 1921. % $ $ $ 13,011,160 12,245,510 1,029,448 912,808 5,334,668 5,529,697 171,437 183,246 20,115,000 19,524,305 1,274,170 1,171,854 300,684 5,949,699 4,011,898 123,226 360,902 4.616,176 4,103,443 206,625 29,492 566,995 586,242 • ’ 3,444 658,716 6,670,318 6,716,904 533,281 16,882,353 16,410,646 1.392.711 9-'8,067 3,232,647 3,113,659 — 1 1 8 ,0 4 1 243,787 1,335,987 1,126,299 72,963 40,831 810 114 1,189 83 1,895,850 1,986,171 — 191.618 202,873 1,425,390 1,459,961 — 185,861 172,053 1,139 1,649 1,168 1.650 — Jan. 1 to D e c. 31—1922. 1921. S S 3,597,683 3,326,272 858,388 924,588 4,661,004 4,462,758 918.500 919.207 653,229 711,053 62,032 56,846 1,441,308 1,510,618 3,246,381 3,406,801 1,414,623 1,055,957 188,000 75,572 1,652 761 1,224,971 979,624 1,100,049 929,723 365 383 & St Louis — J an . 1 to D e c . 31— 1922. 1921. $ $ 12,865,023 13,143,225 1,835,373 2,231,073 15,558,248 16,185,130 2,245,452 2,485,696 2,921,073 3,702,438 291,703 300,339 7,398,718 7,748,882 13.337.709 14,762.129 2,220,539 1,423,601 829,166 798,191 1,619 2.915 1,389.754 621,895 883,8u0 273,291 1,649 1,650 F eb., 1923.] EARN INGS. 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. EARNINGS. 9 RAILW AY 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................ ... Uncoilectib.e 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—-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 r e n t s _____ Aver, miles o f r’d oper. EARNINGS. Freight r e v e n u e ..__ Passenger revenue__ T ot., incl. other rev. Expenses— Maint.way Maint o f equipm’tTraffic expenses Transportation exp. T o t.exp., incl.oth. Net from ra ilro a d __ 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’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. M in n S t P a u l & — M o n th 'o f D ecem b er— 1921. 1922. $ S 3,221,514 2.120,250 646,051 563,278 4,204,891 2,915,642 625,613 831,283 473,501 500,131 73,736 48,591 1,845,046 1.742.854 3,145,747 3,240.504 1,059,144 — 324,862 243,528 130,256 1,456 3,298 814.160 — 458.416 817,671 — 518,719 4,380 4,376 S a u l t S t e M a r ie M o b ile & O h io S y s te m — J an . 1 to D e c . 31— M obile & O hio 1921. 1922. — M on th o f D ecem ber — — Jan. 1 to D e c . 31— % 1922. S 1922. 1921. 1921. 35,529,522 31,090,376 1,282,857 1,211,446 15,101.088 15,345,284 7,378,176 8,082.848 198,487 155.191 1.813.031 1,866,840 47,107,105 42,745,440 1,585,542 1,505,324 17,878,005 18,190,180 6.885,060 7,620,729 216,784 176.335 2,139,157 2,487,323 7,310,920 9,904,747 388,468 401,675 3,908,679 4,906,173 635,576 540,060 741,565 34,219 515,336 45,084 20,091,208 20,022,381 518,205 594,297 6,695.226 7,548,454 36.442.8.51 39.755.399 1,217,998 1.260,904 13.834,221 16,124,530 367,544 244,420 4,043,784 2,065,650 10,664,254 2,990,041 76,000 761,596 3,056.289 2,823,376 55,068 737,627 12,593 11.844 1,720 2,040 27 1,279 154,821 187,632 3.280,909 1.325.983 7.595.372 291,517 266,910 178,530 2,713,282 1,174,974 7,178,971 — 696,584 4,298 4,383 1,165 1,165 1,165 1,165 C olum bus & Greenville M is s is s iD D i C e n t r a l Formerly Southern R y. in Mississippi — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1921 1922. 1922. 1922. 1921. 1922. S $ $ $ 1921. 105,751 90,707 1,23.5,227 917,952 101,178 98,695 1,126,310 1,120.672 21,796 375,716 21,10.5 203,844 231,488 51.862 46,594 376.088 132,987 153,412 1.581,751 1,594,294 117,469 1,502,610 1.198,143 161,742 21,670 43.813 287,224 31.117 33,076 353.116 429,651 247,897 11,656 13,340 346,653 17,498 8,524 154,504 214,747 347,485 6,685 69,896 3,246 2,247 38,193 33,809 5,581 41,820 52,248 48,550 528,049 444,238 46,517 55,659 556,769 794,297 98,598 117.318 1.275.942 1.200.775 107.250 107.031 1,205.380 1.551.165 34.389 151 226,668 — 2,632 54,492 46,381 376,371 43,129 3.969 3,630 4,001 34,328 55,974 165,507 70,999 75,123 316 15 1 723 86 35 728 418 — 3,480 154.946 — 77.841 50,456 319.669 — 122,796 30,405 11.737 — 8,979 188,942 — 389,464 35,775 — 7,733 193,303 — 125,708 37,888 221 226 250 258 259 167 191 259 M on tou r M is s o u r i & N o r t h A r k a n s a s — M on th o f N ovem ber — — Jan. 1 to N o v . 30— — M on th o f D ecem ber —- — Jan. 1 to D e c . 31— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ $ $ S $ $ $ $ 100,236 468,257 137,311 87,223 1,115,082 1,375,561 23,232 546 112,705 958 7,950 11,324 132,794 624,577 89,401 1,138,757 1.408.940 141,415 14,333 57,331 0 8 .8 4 0 29,574 213,732 347,354 Not 10,205 64,221 Not 150,210 27,713 443,822 572,939 in 1.625 in 11,665 1,014 957 12,156 13,070 52,873 Operation 313,635 Operation 0 9 ,3 4 2 24,169 225,929 385,649 83,469 470,499 139.490 88.722 971.040 1,402.142 49.327 154,078 6,798 1,925 679 167.717 3,298 10,639 0 8 ,6 9 9 25.250 39,269 3,295 22 22 2 7 85 14 46.007 143,417 10.622 — 2.623 132.382 — 32.485 41,818 80,818 36,341 19,089 277,022 205,445 354 317 56 56 56 56 M is s o u r i K a n s a s & T e x a s R R N a s h v ille C h a t t a n o o g a & S t L o u is — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. 1921. 1921. 1922. 1921. 1921. 1922. 1922. % $ $ S $ S $ $ 2,221,927 1.513,492 23,395,948 23,580,150 1,378,799 1,037.704 16,055,719 14,323,243 541,202 523.122 5,686,304 6,910,286 408-372 4.678.038 5.115.363 459,445 3,056,252 2,548,741 31,991,331 33,488,591 2,000,862 1,542,897 22,353,763 20,924,603 258,716 378,943 3,434,246 4,858.485 200,708 271,193 3,339,580 3,065,615 642,065 654,783 6,581,068 8.805,202 399,581 527,077 5,464,098 5,501,898 51,771 43,447 551,444 546,549 66,741 65,258 818,197 833,829 969,187 1,110.921 9,696,671 11,383,238 787,184 842.201 8,820.897 9.465,006 2,018.102 2.284,242 21,399.6,57 26.764.368 1.522.366 1.777.933 19.207.688 19.607.277 1,038,150 264,499 10,591,674 6,724,223 478,496 — 235,036 3,146,075 1,317,326 163,907 82,223 2,106,244 1,827,884 35,000 550,000 40,000 420.000 367 755 17,893 5,127 106 216 16.991 8.687 873.876 181.521 8,467.537 4.891.202 443.390 — 275.252 2.709.084 758.639 953,045 399,859 9,204,091 6,256,8o8 482,853 — 276,856 3,094,209 1,071,618 1,670 1,714 1,670 1,715 1,258 1,258 1,258 1,258 Missouri Kans & Texas Ry of Tex Nevada Northern — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. 1921. 1921. 1922. 1922. 1921. 1921. 1922. $ $ S * S $ $ $ 1,338,018 1,040,916 14,602,696 17,981,084 33,729 15,681 472,072 248,835 457.808 514.309 5.010,095 6,616,814 6,509 2.715 55.931 53,799 1,946,705 1,792,834 21,469,110 26,797,515 21,120 44,272 345,064 316,005 590,050 3,444,051 4,521,363 11,509 9,089 120,356 130,131 414,214 37.5.184 3,759,149 4,632,266 3,778 3,844 52,041 64,747 41,769 44,436 479,676 507,038 592 5,360 6,842 452 831,323 978,089 8,463.703 10,579,149 11,915 6,034 129,369 111,405 1.668.649 2.075.882 16,995.801 21 .470.711 22,520 324.346 371.350 30.777 278,056 — 283,048 4,473,309 5,326,804 — 1,400 13,495 251,425 — 26,286 76,500 23,431 681,747 617,233 7,o0o 6,163 79,182 96,196 1,451 1,176 ______ 12,040 6.727 3 121 200,105 — 307,655 3.779.522 4,702,844 5.990 — 7,563 172.240 — 123 323 — 98,188 — 524,112 1,280,467 2,041,953 — 4,870 6.305 187,175 — 96,440 1,738 1,739 1,739 1,737 165 165 165 165 Missouri Pacific EARN ING S. Freight revenue______ 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 r e n t s . __ Aver, miles o f r ’d oper. Newburgh & South Shore — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber —•— Jan. 1 to D e c . 31— 1922. $ 6,270,061 1,656,899 8,726,795 1,429,483 1,980,743 163,348 3,798.428 7,671,389 1,055,406 54,799 3.501 997,106 1,523.314 7,148 1921. $ 5,242,221 1,488,009 7,725,256 1,536,12.5 1,416,343 148,516 3,767,088 7,185,197 540,059 400.308 3,390 136.361 — 88,194 7,300 1922. S 73,918,551 16,898.650 99,921,331 17,282,957 20,996,699 1,841,420 41,152,481 84,658.915 15,262,416 4,015,318 40,665 11.206.433 8,247,035 7,261 1921. S 81,660,401 19,240,495 109745,072 18,130,665 22,938,189 1,924,433 45,317,690 92,042.456 17,702,616 4,279,882 57,857 13.364.877 9,884,376 7,300 Monongahela Connecting EARN INGS. — M on th o f D ecem ber -— Passenger revenue___ T ot., incl. other rev. Expenses— M aint. 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 of r'd oper. 1922. S 1921. $ — Jan. 1 to 1922. $ D e c . 31— 1921. $ 202,473 29,844 35,363 607 122,665 192,766 9,707 8,611 96,876 20,098 26,749 506 42,272 89,484 7,392 1.456 1,715,071 241,116 307,760 . 6,416 864,386 1.507,493 207.578 32,583 824,143 133,934 191,457 6,338 411,235 807,434 16,709 21,186 1,096 — 17,073 7 5.936 — 2,151 7 174.995 103,334 7 — 4,477 — 77,844 7 1922. $ 1921. $ 183,359 16,181 53,958 164,041 9,167 26,725 1,950,343 176,349 471,778 1,496,821 153,044 314,581 85,093 159,634 23,725 31,540 48.064 87.706 76,335 37,531 135 38,669 32,060 7 794,346 1.487,684 462,659 169,729 5 292,925 252,858 7 636,075 1,153,423 343,398 158,221 146 185.031 200,158 7 — 7,815 — 16,872 7 1922. 1921. % $ N O r le a n s T e x a s & M e x ic o S y s te m New O rleans T exas & M exico — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. 1921. 1921. 1922. 259,501 229,632 2,440,780 2,174,625 33,524 383,408 413,184 38,954 304,640 269,802 2,939,171 2,720,388 53,036 17,508 429,196 463,708 569,494 484,904 20,323 32,217 79,948 74,886 6,576 5,91 1 721,976 34,152 46,566 644,074 110,752 1,817,357 1,843.258 122,019 877,130 182,621 159.050 1,121,814 55,972 18,671 263,722 197,485 1,178 17 1,158 0159 126,632 139,221 858,251 678,467 153,783 1,344,567 714,565 160,845 191 191 191 191 B eau m on t S our Lake & W estern — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1922. 1922. 1921. s $ $ 146,954 155,651 1,640,185 1,735,141 293,073 333,896 28,327 22,895 186,822 185,394 2,054,198 2,164,146 41,396 62,716 414,264 439,205 261,436 12,243 297,713 19,749 6,040 4,473 55,770 62,224 48.476 45,583 641,215 733,420 117,450 133,487 1,459.282 1,609,495 69,372 51,907 594,916 554,651 4,256 13,863 63.107 44,749 96 309 181 376 55.413 47.342 509.526 531.718 32,510 357,676 37,458 263,608 118 118 118 118 8 t L ouis B row nsville & Mexico — M on th o f D ecem b er — — Jan . 1 to D e c . 31—• 1921. 1922. 1922. 1921. $ s $ $ 271,797 250,905 3,465,163 3,964,011 111,110 102,777 1,213,986 1,513,718 421,077 378,128 5,111,852 5,872,676 119,264 82,900 925,584 1.001,849 83,655 61,613 731,589 963,489 16,446 13,861 168,173 173,620 71,443 185,832 1.406,388 2,126,723 305.011 364.874 3,442,582 4,514,865 116,066 13,254 1,669,270 1,357,811 51,993 6.169 204,704 170,474 1,763 2.751 4,539 3,173 62,310 4.334 1.460.027 1.184.164 37,902 4,754 1,142,882 997,766 550 550 550 550 N ew Y o r k C e n tr a l S y ste m New Y ork C entral R R — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. 22,287,110 8.508,778 34,979,130 3,482,120 7,669,869 400,489 14,518.117 27.352.568 7,626,562 39,384 13,559 7,573.618 6,782,171 6,893 1921. 1921. 1922. 16,551,625 227751,833 209948,852 7.405.092 91,961,017 93,078,601 27,458,262 363122,527 339475,455 03609,946 41,488,965 35,453,199 5,503,945 93,651,539 74.158,286 377,989 4,164,365 4,017,215 11.354,673 137417,239 134347,309 14.573,296 290477.034 262249.193 12,884,966 72,645,493 77,226,262 1,159,227 19,676,587 20,569,958 8.697 66,977 63.857 11.717.042 52.901.929 56.593,247 11,898.659 53,716.459 59,031,276 6.893 6,893 6,873 C in cin n ati N orthern — M on th o f D ecem ber — — Jan. 1 to D e c. 31— 1922. 1921. 1922. 1921. % $ S S 185,769 3,233,130 3,421,874 320,975 16,629 17,893 178.132 220;904 345,621 213,057 3,505,287 3,757,713. 53,927 667,046 09 3,02 5 471,565 62,585 82,726 666,944 738,142 4,530 5.194 60,165 56.498 134,087 81,653 1,212,372 1,287,935 263,298 83.083 2.697.736 2.642,291 82,323 129,974 807,551 1,115,422 14,925 87,385 183,851 274,948 616 1 26 67,397 42.589 623,084 840,448 21,155 30,637 348,557 702,255 244 244 244 244 Cleve Gin C hic & S t L (In c P eoria & East) — M on th o f D ecem ber — — Jan. 1 to D e c. 31— 1922. 1921. 1922. 1921. $ $ S S 5,631,071 4.117,000 61,596,944 56,289,898 1,572,808 1,382,530 16.339,289 17,281,273 7,874,097 6,030,609 84,665,690 79,793,593 679,372 0930.833 9,452,236 9,355,271 2,133,068 777,059 18,729,184 18,130,868 124,382 113,889 1,333,076 1,276,151 3,221,668 2,476,914 32,673,885 33,005,070 6.371,931 2.640.572 64,858.313 64.406.122 1,502,166 3,390,037 19,807,377 15,387,471 0 1 ,1 1 2 304,540 4,226,815 3,982,290 376 667 10,963 6,475 1.502,902 3.084.830 15.569,599 11,398,706 1,404,577 2,943,449 13,747,229 10,107,402 2,406 2,415 2,409 2,414 New Orleans Great Northern — M on th o f D ecem ber — 1922 $ 181,688 36,052 224,021 29,370 15,125 8,527 62,977 123.306 100,715 14,812 22 85.881 86,457 274 1921 $ 129,994 38.218 173,380 31,650 29,617 5,719 82.925 163.848 9,532 5,988 20 3,524 — 5,075 274 — Jan. 1 1922. % Indiana Harbor Belt — Jan. 1 to to D e c . 31— — M on th o f D ecem b er — 2 013 312 424.408 2,547,752 375,085 334.346 65,145 798,767 1,689,409 858,343 180,924 749 676.670 643,378 274 1921. $ 1 900 038 517,418 2,528,529 421.252 583,625 65,035 1,048,024 2,246,554 281,975 188,274 522 93.179 — 20,291 274 1922. s 1921. 3 1922. % 921,592 683,384 10,299,400 134,652 324,905 1,237,170 98,307 01209,544 1,145,032 2,75b 2,226 48,254 325,247 4.284.667 486.389 741.294 0540.238 6.945.470 180.298 1,223,622 3,353,930 17,918 26,231 439,509 22 171 439 162,358 1.197.220 2,913.982 — 12.047 1,125,775 1.718,992 120 119 119 D e c . 31— 1921. $ 9,034,538 1,440,866 333,546 43,324 3,886,355 5.981,052 3,053,486 270,869 430 2.782.187 1,578,852 120 10 New York Central Sys. (C o n c l.) 1922. 1921. s Preight revenue--------Fassenger revenue__ T ot., incl. other rev. Expenses— Malnt.way Maint. o f equipm’ t. Traffic expenses___ Transportation exp. Tot.exp. .incl.oth. Net from railroad-----Uncollectible revenue. Net after taxes, <fcc_ Net after rents--------Aver, miles o fr ’d oper. Michigan Central 1921. 1922. $ S 5,144,155 3,561,641 1,818,023 1,590,984 7,817,075 5,857,005 951,289 0352,487 1,593,09001,696,127 81,024 109,721 2,929,117 3,146,502 5,765,875 1,424,705 2,051,200 4,432,300 51,702 1.732.062 290 49,605 1,999,208 2,650,633 1,856,207 2,535,798 1,862 1,862 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-----Uncollectible revenue. Net after taxes, &c. Net after rents--------A ver. miles of r’d oper. 1922. $ 55,721,158 19,247,622 83,426,407 9,007,594 18,043,228 1,098,623 28,909,507 59.576,357 23,850,050 4,571,702 13,498 19,264,850 18,066,109 1,862 1921. 45,728,135 20,016,387 72,911,852 7,506,009 11,696,773 1,125,581 29,533,984 52,551,944 20,359,908 4,681,296 52 834 15,625,778 15,403,271 1,862 Pittsburgh ft Lake Erie ;— M on th o f D ecem ber — Freight revenue--------Passenger revenue__ T ot., incl. other rev. Expenses— Malnt.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. 1922. 1921. s s -Jan. 1 to D e c . 31- 1922. $ 1921. $ 3,194,576 1,614,886 . 275,330 219,165 2,815,647 3,735 190 1,908,146 29,570,983 350 782 0716,775 3,341,517 1,276 651 642,495 10,933,564 241,597 256,909 17,726 26, 990 827,340 9,781,745 1,179 977 2,899,012 842,503 25,080,013 20,340,436 836 ,178 1,065,643 4,490,970 2,885,623 0 8 ,01501,212,470 1,096,446 1,659 127 21 844,066 2,278,092 3,392.865 1,682,355 1,054,937 2,319,404 5,279,742 4,066,871 228 231 227 $ 705,134 142,005 1,005,440 140,689 263,016 17,576 574,090 1,025,446 — 20,006 55,801 2.182 — 77,989 — 163,023 569 1922. Freight revenue------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------ 3,372,955 158,779 3,682,446 305,716 923,052 79,796 1,514,401 2,948,303 734,143 02 8,27 1 440 761,974 692.098 1,242 $ 1921. S 1922. s s $ 37,839,277 13,432,008 57,444,562 5,910,812 15,498,576 617,104 24,347,640 48,606.050 8,838,512 1,841,361 16.944 6,980,207 6,028,306 10,537 $ 59,867 35,614 100,471 9,373 Crl2,960 1,390 77,998 80,013 20,458 48 5 20.405 18,340 87 29,082,224 11,938,538 47,857,940 7,085,302 15,899,191 540,290 19,421,458 45,051,758 2,806,182 1,711,423 84,571 1,010,188 457,074 10,541 $ 64,331 31,024 101,513 8,427 15,089 1,034 92,815 121,779 — 20.266 S S 1,029,915 1,070,091 468,856 488,092 1,564,866 1,606.419 162,359 147,381 332,407 341,760 21,733 19,455 958,022 960,374 1,531,125 1,504,541 33,741 101,878 45,964 47,748 16 67 55,898 — 14,074 — 20.266 69,344 — 20,347 — 19,133 87 87 87 Cincinnati Lebanon ft Northern 1922. 1921. 1922. 1921. $ $ $ s 340,575 176,151 2,940,364 2,916,605 61,926 61,088 733,423 780,793 451,368 277,692 4,188,873 4,208,711 49,088 79,210 578,136 664,411 79,411 60,768 808,974 655,475 2,960 41,152 2,393 43,387 242,774 228,621 2,503,709 2,579,146 394,773 380,867 4,061,866 4,061,795 56,595 — 103,175 146,916 127,007 37,419 306,990 01 0,97 3 273,377 39 29 498 570 19,137 — 92,231 — 180,481 — 127,031 16,945 — 85,328 — 301,429 — 66,032 135 135 135 135 Now included in Pennsvlvania Railroad Grand Rapids ft Indiana $ 141.342 1,773,126 743,921 02 9,68 4 70,050 4,677,551 8,204,529 938,118 880,886 279,669 2 601,215 538,067 1,261 8 ,9 9 1 ,0 2 2 1,999,613 4,688 6,986,721 6,601,148 1,242 1921. 1922. 1921. 6,003,827 809,954 7,218,894 1,029,553 1,622,359 60,968 2,105,126 5,000.720 2,218,174 400,000 25,198 1,792.976 2,138,886 2,232 77,637,431 9,192,599 90,314,743 12,446,292 23,524,842 933,096 29,139,207 67,977,202 22,337,541 6,000,000 8,858 16,328,683 18,624,468 2,237 67,294,973 10,077,887 80,760,590 11,778,984 19,342,536 843,043 30,018,158 64,006,171 16,754,419 4,730,000 30,585 11.993.834 14,870,021 2,225 $ $ $ Lake Erielft Western Long Island D e c . 31— — M on th o f D ecem ber -------- J an . 1 to D e c . 31—• 1921. $ 5,946,351 1.632,956 8,056,795 1,228,318 1,213,132 265,325 3,653,783 6,752,509 1,304,286 366,095 339 937.852 772,275 942 1922. s Now included in New York Chicago & St Louis Uncollectible revenue Net after taxes, & c. Net after rents— .__ Aver, miles o f r ’d oper. New York Connecting $ 1921. $ 1922. $ -150,230 2,488,748 219,494 — 139,604 8,841 0 6 7,00 0 3,553 0125,363 2,929.211 152,590 238,882 4.989 48.619 54.016 — 185,815 46,211 165,478 43,680 37,873 569.353 970,782 2,531 92,772 19 1.487,490 1,155,176 19 112,615 127.605 93,106 19 1922. % 799,658 1,360,644 2,378,441 297,865 455,027 16,164 1,181,495 2,029.748 348,693 198,911 526 149,256 1,562 397 Northwestern Pacific 316,835 198,173 587.302 108.302 114,356 5,950 241,276 487,338 99,914 50,656 227 49,031 45,483 496 1921. s 295,287 193,085 569,462 126,866 121,010 6,174 254,957 526,476 42,986 56,249 158 — 13,421 — 28,785 507 1922. 1921. 4,429,383 2,641,860 8,008,843 1,226,527 1,144,959 82,325 3,055,964 5,705.934 2,302,909 574,651 1,040 1,727.218 1,563,167 500 4,724,876 2,856,387 8,609,732 1,524,613 1,214,774 73,864 3,331,109 6,365,464 2,244,268 482,703 1,130 1,760,435 1,608,331 520 s Northern Pacific 1921. $ 568,756 677,480 470,939 1,811,3991 1 9 1921. % 641,085 1,213,876 2,009,384 240,036 403,574 16,916 1,208,150 1,938.557 70,827 65,863 10,821 — 5,857 — 67,761 398 1922. % 8,937,569 19,250.024 30,951,540 3,317,775 5,118,249 214,778 13,591,051 23,173.819 7,777,721 1,795,861 30,570 5.951,290 4,967,454 397 1921. $ 8,273,615 18,115,249 28,720,911 3,320,693 4,993.378 221,478 13,696,487 23.181,985 5,538,926 1,535,276 34,361 3.969,289 3,311,214 398 Maryland Delaware ft Virginia — M on th o f D ecem ber -------- Jan. 1 to D e c . 31— 1922. Now included in Norfolk Southern — M on th o f D ecem ber —■ — Jan . 1 to 1922. 1921. 1922. S $ S $ 541,170 507,903 6,469.657 151,069 142.185 1.476,853 680,846 8,412,957 734,487 79,166 69,267 1,182,652 75,504 80.230 1,296,602 21,038 20 335 262,023 315,358 297,909 3,506,959 520,968 499,536 6,595,435 213,519 181,310 1,817,522 61,139 10,673 402,837 229 5 1.012 4,920,391 152,151 170,632 1,413,673 122,077 147,499 1,108,375 930 942 930 1921. EARN INGS. 53,593,929 50,934,293 116405,233 17,353,9311 27 ,421,5771 728,599 54,728,204 106402,295 10,002,938 4,443,275 45,721 5.513,942 740,034 1,990 New York Susquehanna & West New York Chicago & St Louis 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 .eth Net from railroad-----Taxes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents-------Aver, miles.of r’d oper 59,931.6/6 49,21/,795 123246,641 16,488,932 26,404,332 657,359 51,082,709 99,988.856 23,257,785 4,586,324 30,559 18.640,902 12.074,160 2,002 705,426 7,275,680 8,775,320, 135,531 3,046,842 3.421.743 992,837 12,341,912 14,127,867 168,356 1,757,661 2,291,227 182,279 2,493,152 3,194,650 17,551 193,934 179,236 500,549 6,161,731 6,025,267 899,681 10,985,547 12.067,086 93,156 1.356,365 2,060,781 58,715 451.801 449,215 768 3,484 8,216 901.080 1.603,350 33,673 21,021 334,216 1,297,074 569 569 569 1922. $ 5,684,548 911,660 6,960,753 907,159 2,230,819 72,678 2,725.808 6,110,846 849,907 450,000 545 399,362 642,677 2,237 Now included in New York Central Railroad EARN IN G S. EARNINGS. 4,657,061 4,082,919 9,899,414 1,212,476 2,276,095 69.656 4,364,928 8,414,895 1,484,519 159,743 15,647 1,309,129 748,532 2.004 Norfolk & Western Uncollectible revenue. Net after taxes, &c_ Net after rents-------Aver, miles o fr ’d oper Freight revenue--------Passenger revenue— T ot., incl. other rev. Expenses— Maint. way Maint. of equipm’t Traffic expenses. . Transportation exp T o t.exp. ,inci .oth. Net from railroad------ * M on th o f D ecem ber -------- J an . 1 to D e c . 31— — M on th o f D ecem ber -------- Jan. 1 to D e c . 31— EARN INGS. Uncollectible revenue. Net after taxes, &c. Net after rents-----Aver, miles of r’d oper. $ Incl. Penn. Company, Grand Rapids Indiana ana P. C. C. ft St. L. 1 !— — M on th o f D ecem ber -------- Jan. 1 to D e c. 31— Toledo ft Ohio Central 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.. $ 1921. 439528.929 405210,980 147424,247 155065,297 646352,108 615723,905 78,536,995 76,548,215 167127,562 165659.131 6,953,139 7,058,240 255732,666 265102,429 534118,684 540613.413 112233,424 75,110,492 28,816,294 26,782,849 120,150 114,132 83,302.998 48,207,493 73,555,149 37,157,334 10,537 10,541 Baltimore Chesapeake ft Atlantic New York Ontario & Western — M on th o f D ecem ber -------- Jan. 1 to D e c . 31— — M on th o f D ecem ber -------- Jan. 1 to D e c . 31— 1922. 1921. .1922. 1921. 1922. 1921. 1922. 1921 5,099,765 4,402,939 10,817,569 1,169,725 2,562,734 46,881 4,868.890 9,128,600 1,688,969 318,908 6,258 1,363,803 659,748 2,000 Now included in New York Central Railroad EARN INGS. $ 1922. 116. Pennsylvania Railroad New York New Haven & H artford — M on th o f Decem ber -------- Jan . 1 to D e c . 31— EARN ING S. EARNINGS. [V ol. RAILW AY EARNINGS s — M on th o f D ecem ber -------- J an . 1 to D e c . 31— 1922. s 58,698 26,151 89,453 6,611 0 3 ,3 6 4 522 74,322 80,661 8,792 033 8,825 9,006 82 1921. $ 64,139 21,570 89,386 6,257 13,371 721 88,574 111,787 — 22,401 1922. s 1921. s 764,878 814,304 366,891 397,560 1,173,967 1,251,171 126,317 113,255 244,480 262,078 20,438 15,873 820,244 867,759 1,245,599 1,284,899 — 71,632 — 33,728 20,367 24,513 9 3 — 22.401 — 92 008 — 58,244 — 25,469 — 105,235 — 102,437 82 82 82 Monongahela — M on th o f D ecem ber -------- Jan. 1 to D e c . 31— — M on th o f D ecem ber -------- Jan. 1 to 1922. 1921. 1922. 1921. 1922. 1921. 1922. S $ $ $ $ $ $ 6,183,116 5,745,733 71,725,004 69,246,505 356,020 349,818 3,253.938 1,357,765 1,180,580 15,551,897 17,015,154 43,938 35,618 403,240 8,342,182 7,500,813 96,076,067 94,538,059 407,991 389,534 3,723,939 945,498 626,482 12,826,643 14,312,917 — 46,608 50,999 409,471 987,915 2,043,323 18,064,616 21,825,817 97,000 59,854 686,515 144,947 171,462 1,670,066 1,537,545 17,217 1,393 1,118 3,429,566 1,854,885 36,801,627 35,797,967 118,061 1,146,166 165,787 5,823,009 5,064,568 72,654.710 77,630.867 223,829 237,243 2,368,099 2,519,173 2,436,245 23,421,357 16,907,192 152,291 1,355,840 184,162 447,502 797,845 8,430,584 9,014,121 17,500 105,000 12,500 638 3,624 24,982 41 164 17,895 2,071,033 1.634,776 14,965,791 7,875,176 134,750 1,250,676 171,662 2,868,886 2,005,527 19,450,513 10,843,826 102,068 66,384 717,193 6,631 6,658 6,640 6,657 I 106 106 106 D e c . 31— 1921. $ 3,916,609 423,924 4,396,316 813,867 807,282 20,527 1,271,380 3,009,069 1,387,247 100,000 47 1,287,200 676,342 106 RAILW AY EARNINGS F eb., 1923.] Pennsylvania RR ( C o n c lu d e d ) New York Philadelphia & Norfolk EARNINGS. 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___ Now included in Pennsylvania Railroad Uncollectible revenue. Net after taxes, &c. Aver, miles o f r ’d oper Rutland Philadelphia & Reading — M on th o f D ecem ber -------- Jan . 1 to D e c . 31— — M on th o f D ecem ber —- — Jan . 1 to 1922. 1921. 1922. 1922. 1921. 1922. 1921. $ $ $ $ $ $ $ 279,276 242,156 3.167.577 125,544 117,567 1,477,880 912,597 838,407 9.950,’155 10,233.086 500,265 437,797 5,803,158 8,858,626 6,825,184 81,934,751 84,924,227 62,916 207,463 1,088,292 630,719 819,752 8,679,417 9,770,589 100,011 0 9 5,24 5 1,116,251 1,538,393 0314,581 19,591,117 20,815,779 9,521 8,482 100,336 58,761 59,053 743,530 704,781 251,380 214,993 2,610,526 3.403,980 3,851,262 31,113,637 35,118,615 441,702 354.304 5 094,821 5,802.890 4,569.316 62,055,322 68,361,308 58,563 83,493 708,337 3,055,736 2,255,868 19,879,429 16,562,919 22,373 35,496 262,776 1,154,404 0357,582 3,243,766 1,728 270 2 3 69 174 705 13,412 14,347 36,188 47.994 445.492 1,901.158 2,612,745 16,622.251 14.820,302 54,424 58,270 530,432 1,728,677 2,395,129 14,328,714 12,805,667 415 415 415 1,124 1.127 1,126 1,126 Pittsburgh & Shawmut Pittsburgh Cincinnati Chicago & St Louis — M on th o f D ecem ber — EARNINGS. 1922. $ 137 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____ ___________ Freight revenue______ 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, A c. Net after r e n t s . . __ Aver, miles of r ’d oper. Now included in P#vnr>svlvn.nisi. RflilrodH 1922. 1921. $ 80,250 48,007 143.374 39,362 43,960 2,579 87,078 180,665 — 37,291 1a non 335 — 52,626 — 58,591 247 $ 1922. 1921. S 103,899 49,270 163,434 24,829 42,177 3.573 27,437 105,845 57,589 7,542 S 1,043,520 996,267 509,672 568,624 1,705,418 1,692,410 350,711 377,364 405,618 503,619 37,233 32,537 879.144 886,153 1,760.453 1.900,980 — 55,035 — 208,570 136.000 117.657 842 50,047 — 191,877 — 326,227 47,392 — 212,424 — 308,649 247 247 247 — M on th o f D ecem ber ------ Jan. 1 to D e c . 31— 1922. $ 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. 1921. S 1922. $ 1921. S 441,850 404,154 7,798,919 8,179,098 970,794 723,732 14,018,091 12,929,706 169.603 156,203 2,039,717 1,997,624 185,219 200,899 2,487,917 2.486,110 11,434 14,319 195,339 168,346 500,641 502,534 6,367,693 6,601,461 903,796 910,684 11,576.412 11.683,648 66.998 — 186.952 2,441,679 1,246,058 900,324 711,611 302 781 668 66,998 — 187,254 1,540.574 533.779 49,715 — 221,485 1,279,702 286,636 359 359 359 359 Peoria & Pekin Union EARN INGS. Passenger revenue__ T o t. , 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 __ __ A ver . miles o f r ’d oper . — M o n th o f D ecem b er ------ J a n . 1 to D e c . 31— 1922. $ 2796 124,395 21,738 36,041 484 94,845 164,304 — 39,909 1,000 19,404 — 60,313 — 50,965 19 1921. $ 2>80 148,601 6,093 19,078 233 60,219 93,441 55,160 10,429 1.275 43,456 81,039 19 1922. 1921. 42,365 1,803,775 311,293 192,404 3,554 799,971 1,417,178 386,597 172,500 19.404 194,693 482,967 19 24,976 1,696,110 229,062 393,643 1,394 841,725 1,551,894 144,216 161,430 11,476 — 28,690 253,899 19 $ $ Perkiomen EARN IN G S. — M on th o f D ecem ber ------ Jan. 1 to D e c . 31— 1922. s Freight revenue.. . . Passenger revenue__ T ot., incl. other rev. Expenses— Maint. way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T ot.ex p . ,incl. oth. Net from railroad____ Uncollectible revenue. Net after taxes, & c. Net after rents______ Aver, miles o f r ’d oper. 1921. s 1922. 1921. $ $ 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. Net after rents. .. Aver, miles o f r ’d oper. 8.539 89,881 20,997 41,605 1,220 33,679 103.866 — 13,985 080 — 1.3.905 — 7,876 102 1921. $ S 243,252 164,709 9,990 11,103 282,465 207,239 28,493 15,095 85,111 199.665 3,034 3,124 78,173 63,821 233,213 314,878 49,252 — 107,639 44.417 37,152 089 4,924 — 144.791 79,872 — 110,760 85 85 1921. $ 3.232.699 1,554,941 5,811,556 1,279,452 988,502 104,153 2,639,343 5,203,707 607,849 298,829 106 308,914 450,911 415 St Louis — San Francisco System St Louis-San Francisco — M on th o f D ecem ber ------- Jan. 1 to D e c . 31— 1922. 4,638,921 58.559 68,’ 145 1,865.668 1,090,985 1,272,028 7.001,090 924,390 310,719 279,650 452,461 1.202,850 423,526 88.528 19,551 20,396 392.373 444.497 2.965,285 5.343,457 1.225.682 1.279.247 — 134,697 — 7,219 1,657,633 190,815 14,213 10,743 13,760 Uncollectible revenue. 95 — 149.005 — 17.962 1,453,058 96,120 208,190 1,511,062 4,760 102 102 8,436 8,800 76,943 86.326 149.191 110,179 1,271,751 1,195,797 18,384 40,550 253,118 353,838 51,357 228,135 527,197 671.692 1,496 1,424 19.739 17,782 63,579 41,422 551,445 535,554 151.298 317,433 1.440.4 71 1.666.485 — 2,107 — 207,254 — 168,720 — 470,688 4,139 3,526 28,628 28,265 442 2.028 — 6,688 — 210.780 — 199.3 6 — 498.953 15.356 — 210,214 — 133,463 — 379,465 210 210 210 210 —M on th 1922. $ 1921. 3,961.379 1,647,574 6,157,005 931,241 1,641,275 67,441 2,218,830 5,022,638 1,134,367 184,884 O l ,276 950,759 1,132,050 4,760 1922. 54.759.680 18,512,216 79,170,251 11.423.219 14,707,604 1,004,122 30,060,083 59,143,768 20,026.483 3,610,937 57,781 16,357.765 15,490,000 4,760 1921. 55.811.086 20.582,331 81,851,289 9,991,940 15,639,966 986,119 31,341,598 60,176,585 21,674,704 3,564,122 31,606 18.078,976 17,858,444 4,760 2,236,444 276,315 91,792 1,694 815,272 1,208,059 1,028,385 153,279 129,968 72,245 21 74,3'9 23,810 21 677.841 113,891 21 875.100 146,391 21 551,822 482,939 41 550.540 483,795 41 — 68,632 — 74,521 252 2,212 $ $ 9Q 9*9 41946 >93 38,397,934 4,505,904 7,750,757 614,328 14,716,442 28,911,264 9,486,670 1,789,135 12.796 7,684,739 6,080,575 2 ,2 2 2 2,216 $ 9Q A O A 8QK 5,940 >10 38,303,029 4,538,487 8.119,337 585,769 15,441,040 30,036,300 8,266,729 1,408,481 4.696 6.853,552 5,674,557 2,231 6.085 — 7,179 235 1921. 1922. 1921. S $ $ 104,501 932,056 1,146,219 34,087 349.435 472,694 152,372 1,407.622 1,771,261 77,875 476,829 496,735 25,472 311,417 307,582 2,599 33,378 36,808 0 7 ,3 5 3 620,110 828.449 105,242 1,508.085 1,747,691 47,130 — 100,463 23,570 938 45,491 40,753 10 1,984 392 46,182 — 147,938 — 17,575 39,577 — 249.977 — 150,771 235 235 235 St Louis San Francisco ft Texas — M on th o f D ecem ber ------ J an . 1 to D e c . 31— 1922 I 135.243 15,037 157,449 40.810 23,430 3,611 12,297 87,371 70,078 4,010 157 65.911 48,616 134 1921. 1922. 1921. S I S 148.029 1.45(1.994 1 972.999 10,004 180,417 198,122 165,717 1,709,052 1,937,998 51,906 362,035 491,505 15,193 277,114 333,316 2,365 44,116 39,730 16.098 644,627 860,403 89,865 1.410,013 1.804,302 75,852 299,039 133,696 266 24,517 21,259 408 1,243 1,301 75,178 273,279 111,136 40,681 8,504 — 244,221 134 134 134 St Louis Southwestern — M on th o f D ecem ber ------ Jan. 1 to D e c . 31— 1922. 1921. 1922. 1921. 1.732.000 1.298.515 16 251.232 14.828.118 187,171 1,933,049 152,975 307,979 42,886 523,919 1.086.814 896,235 89,997 177 806,061 725,427 968 162,275 1,598,621 1,822,855 1,518.498 18,548,233 17,366,132 131,029 2,318,040 2,019,899 172,963 2,794,051 2,526,124 45,216 500,913 552,289 386,190 5,081,145 4,774,026 798.198 11,389,141 10,627,671 720,300 7,159,092 6,738,461 86,468 908,484 830,188 225 3,860 2.650 633,607 6,246,748 5.905.623 604,340 5,666,588 5,566,684 968 968 968 St Louis Southwestern Ry of Texas Quincy Omaha & Kansas City —M on th o f D ecem ber ------ Jan. 1 to D e c . 31— —M on th o f D ecem ber ------ Jan. 1 to D e c . 31— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. s s s s $ $ $ $ 579.017 553.33ft 5 045 973 5 999 484 69,101 63,754 41 1 Q7H 399 432’,734 2,647,094 288,619 646,841 59,284 1,203,098 2,299,302 347,792 93,424 332 254,036 107,377 $ 1,898,438 222,826 122,215 2,748 689,038 1,057,352 841,086 163,245 38.285 33,397 41 1921. $ 1921. 162,956 27,027 0381 229 56,765 88,137 74,819 440 25 >09 114,956 41,275 26,034 970 112,776 183,187 — 68,231 401 1922. $ 1922. 246,627 13,289 4,695 229 87,272 106.776 139,851 9,883 114,818 1,285,803 117,874 48,750 1,055 489,418 665,851 619,952 69,412 1921. 1921. 1922. S 103,560 31,320 144,195 50,276 35,281 3,392 35,626 131.387 12,808 6,723 St Louis Southwestern System Port Reading o f D ecem ber— — Jan. 1 to D e c . 31— 96,801 1,293,261 85,805 50,461 1,298 515.175 664,043 629,218 77,396 1922. S 9 fim QK1 451,587 3,390,331 367.671 898,316 51,007 1,370,713 2,797,676 592,655 170,768 753 421,134 293,817 1922. 1921. $ $ 2,375,412 2,268,832 106,240 142,330 2,835.601 2,798,255 396,899 672,056 728,555 1,655.350 42,206 38,118 760,645 879,999 2.236.825 3.665,645 588,776 — 867,390 365,284 325,283 17 885 233.475--1.193,558 797,705 — 827,198 85 85 Pittsburgh Shawmut & Northern —M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. 1921. 1922. 1921. S $ $ $ 6,888 109,385 5,749 4,037 221 44.250 55,211 54,174 Crl4,927 — M on th o f D ecem ber ------ Jan . 1 to D e c . 31— 1922. 7.123 113,710 5,965 5,179 112 41,606 53,799 59,911 21,626 Pere Marquette EARN INGS. — Jan. 1 to D e c . 31— 1922. 1921. $ $ 70 7QH i nna nm i i»9 qaq 1921. S D e c . 31— Fort Worth ft Bio Grande Toledo Peoria ft Western Pittsburgh & West Virginia — M on th o f D ecem ber ------- Jan . 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M o n th o f D ecem b er ------- Jan . 1 to D e c. 31— West Jersey ft Seashore EARNINGS. OAR 6,357 145,038 35,766 44,238 1,570 49,284 136.813 8.225 133 91 8.001 48,518 102 Net after taxes, &c. Net after rents_____ Aver, miles o f r ’d oper EARNINGS. 11 112,744 287,339 23 >79 309,895 728,716 96,388 1,242,291 1,306.819 175,620 433,418 45,755 372.713 234.979 214.713 31,295 223,276 21,225 1,010 10,007 11,661 438,282 48.321 707,123 673,560 887,552 133,560 1.295.118 1,408.347 — 37,172 — 52,827 — 101,528 — 158,836 55,914 43,537 39,118 0 1 ,9 5 4 162 331 93 865 — 35,549 — 96,457 — 141.511 — 214,912 — 40,954 — 168,318 — 195,672 — 215,465 807 252 252 252 104,559 1,088,172 1,265,345 694,062 7,611,691 7,774,033 160,017 1,981,096 1,933,602 109,897 2,037,353 1,889,101 22,730 240,056 248.155 354,484 4,010,514 3,980,267 674,781 8,615,435 8,461,888 19,281— 1.003,744 — 687,855 24,810 319,914 288,868 52 1,207 1,059 — 5,581— 1,324,865 —97/ ,782 — 2,081— 1,279,763 —807,925 807 807 807 St Louis Transfer Richmond Fredericksb & Potomac — M on th o f D ecem ber ------ Jan. 1 to D e c . 31— —M on th o f D ecem ber ------ Jan. 1 to D e c . 31— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ $ $ $ S & $ $ 4fi1 ftRK 371,846 1,067,430 84,506 102.842 7,563 387,318 628,967 438,463 88,442 2 350,019 269,990 117 35ft 109 R 51Q 072 5 OOQ 201 273,829 3 >72,573 3 >77.’ 332 871,662 10,975,812 10,002,075 161,880 1,252,449 1,505,957 137,820 1,458,207 1,686,962 8,039 94,787 95,818 338,733 3,882,449 4,057,652 683,923 7,234.904 7.859.004 187,739 3,740,908 2,143,071 401,566 14,461 632,490 461 786 575 172.817 3.107,632 1.740.030 131.460 2,543,648 1,275,457 117 117 117 76,540 5,530 425 170 45,535 53,134 23,406 0 6 ,4 0 9 81,005 10,194 3,535 216 29,758 45,911 35,094 11,302 29,815 23,676 23,792 17,189 6 6 759,648 104,380 56,500 2,100 410,300 592,649 166,999 428 183 166.388 74,909 6 1,111,430 118,268 43,962 2,464 418,007 606,751 504,679 17,398 182 487.099 425,939 6 , 12 RAILW AY EARNINGS San Antonio & Aransas Pass M on th o f D ecem b er — — Jan. 1 to D e c . 31—-1 [V ol. 116, Southern Railway System ( Concl.) So uthern Pacific System (Concl. H ou ston East & W est Texas New Orleans & N ortheastern R R 1921. — M on th o f D ecem b er-J a n . 1 to D e c . 31— — M on th o f D ecem ber — — Jan . 1 to D e c . 31— 1921. 1922. 1921. 1922. 19 * 2 . 1921 $ 4,881.845 217,219 188,084 2,501,949 2,273,772 Freight revenue______ 409,509 349,857 568,337 56,180 516,475 1,044,772 Passenger revenue.... 46,856 93,639 83,858 6.322,114 T ot., incl. other rev. 291,465 249,475 3,173,666 2,994,772 613,663 621,033 Expenses— Maint.way 77,734 Cr78,591 1,359.708 530,890 76,018 169,298 672,643 Maint. o f equip m’t . 1,340,479 42,085 41.990 Traffic expenses___ 3,741 3,999 118.569 Transportation exp _ 203,920 2.947.739 175,075 1,326,018 1,292,713 Tot.exp. ,incl.oth. 274,090 2,735.084 2,561,721 6.046.068 368.833 438,582 433,051 — 77,368 — 24,615 Net from railroad___ 276,046 87,320 90,951 13,931 29,553 167,279 Taxes_______________ 1,760 3,126 776 125 3,632 Uncollectible revenue. 343,971 344,505 — 92,075 — 54,293 Net after taxes, &c_ 105.135 97,374 148,707 — 110,842 141,949 — 81,941 Net after rents--------191 191 191 191 Aver, miles o f r ’d oper. 739 Louisiana W estern San A ntonio Uvalde & Gulf — M on th o f D ecem ber — — Jan. 1 to D ec. 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31—1921. 1922. 1921. 1922. 1922. 1921. 1921. EARN INGS. 1922. $ S S % $ $ S 307,191 213,860 2,956,369 2,993,532 46,689 33,404 720,732 737,749 Freight revenue--------102,642 93,632 1,046,311 1,129,911 18,478 18,074 211,438 281,348 Passenger revenue__ 441,686 332,370 4,303,197 4,387,857 70.639 60.879 1,033.309 1,149,443 T ot., ind . other rev. 725,352 22,783 110,331 637,977 Expenses— Maint.way 17,582 14,742 185,996 192,035 108,703 912,440 1,072,643 245,704 13.647 886 142,934 186,287 Maint. of equipm’t. 136,250 9,737 14.916 103,966 Traffic expenses__ 3.309 34,562 3.141 36,805 108,230 27,827 1,224.767 1,304,846 Transportation exp. 36,947 33,618 410,440 441,836 269,938 422,302 3,135,158 3,496,255 Tot .exp. ,incl .oth. 77,240 58,568 934,082 855,369 171,748 891,602 — 89,932 1,168,039 —6.601 2,311 Net from railroad----177,940 215,361 26,979 8,437 303,060 306,354 3,187 4,888 36,838 35,444 Taxes_______________ 30 111 2,640 1,264 73 160 Uncollectible revenue. 1,420 966 144,739 863,339 — 98,480 583,984 Net after taxes, &c. — 9,861 — 2,737 139,682 178,951 136,898 — 114,015 525,563 854,743 7,269 Net after rents---------19,25 7 — 14,675 47,970 51,982 207 207 207 207 Aver, miles o f r ’d oper 317 317 317 317 110 Morgan’s Louisiana & Texas RR Seaboard Air Line Southern Pacific System — M on th o f D ecem ber -— — Jan. 1 to D e c . 31— -J a n . 1 to D e c . 31— M on th o f Decem berS ou th ern P acific 1922. 1921. 1921. 1922. 1921. EARNINGS. 1922. 1921. 1922. — M on th o f D ecem ber— ■ — Jan. 1 to D e c . 31— $ $ S $ S S $ 1922. 1921 1922. 1921. 778,719 459,701 6,066,293 6,233,200 Freight revenue--------- 3 .072,551 2,450,955 31-998,052 29,205,391 10,161,489 8,122,658 121080.556 122269,171 176,228 167,855 1,822,381 1,961,760 Passenger revenue— 1,037,864 942,616 8,936,217 9,754,522 3,996,498 3,548,660 44,565,893 46,134,466 685,813 8,533,387 8,789,650 T ot., incl. other rev. 4 ,517,453 3,701,180 45,679,048 42,844,933 15,780,061 13,247,384 183675,381 189996,741 1,022,143 131,553 458,429 1,682,495 2,332,963 Expenses— Maint.way 566,853 547,995 5,358,092 5,003,620 2,033.283 2 269,836 23,854,200 27,292,587 236,932 95,879 2,066,062 1,888,510 908,975 503,446 8,424,973 7,848,414 2,922,140 2,734.903 31,807,716 31,868,461 Maint. o f equipm’t . 16,862 24,624 186,077 212,609 Traffic expenses__ 135,293 139,933 1,478,278 1.460,462 269,129 232,728 2,909,311 2,581,696 152,258 Transportation exp. 1,703,641 1,637,520 18,667,039 20,555,652 5,101,773 6,307,424 60,628,498 70,662,072 225,538 3,307,421 3,688,456 774,537 843,385 7,691,891 8,561,561 Tot .exp. .incl .oth. 3 ,540,566 2.995,780 36,222.883 37,024,801 11,070,279 12,255,748 127774,264 141288,801 247.606 — 157,572 841,496 228,089 705,400 9,456,165 5,820,132 4.709.782 976,887 Net from railroad-----991,636 55,901,117 48707,940 50,802 27,695 570,060 488,748 212,057 2,124.235 1,862,057 1,669,155 219.235 Taxes_______________ 783,186 15,480,343 12,649,958 140 2,207 10,212 7,440 CV410 17,945 Uncollectible revenue. 3,775 36,014 22,364 39,624 82,412 82,897 196,664 — 192,707 269,223 — 270,871 758,062 475,398 7,328,155 3,922,061 Net after taxes, &c_ 168,826 40,338,362 35,975,085 133,106 —289,625 13,023 — 653,056 513,593 276,755 4,230,570 2,062,372 Net after rents--------255,177 39,059,196 33,726;877 400 3,576 400 400 400 3,563 3,576 Aver, miles of r’d oper. 3,563 7,110 7,118 7.110 Texas & NewLQrleans Southern Railway System E astern S ou th ern Railway — Jan . 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. 1921. 1921. 1922. EARN INGS. 1922. 1921. 1921. 1922. 1922. 1921. $ $ $ $ 548,372 670,309 Freight revenue--------- 8.099,814 6.401,399 88,091,272 85,185.083 6,341,935 6,462,066 2,005,014 174,435 160,073 1,842,407 1,846,943 Passenger revenue__ 3,120,253 2,667.644 30,264,514 32,104,922 414,436 785,469 878,254 8,747,306 8,804,746 T ot., incl. other rev. 12,224,292 10,504,258 128489,847 128715,150 268,305 370,447 2,012,401 2,081,383 Expenses— Maint.way 1,195,172 1,326,276 17,295,517 19,287,487 174,665 188,852 2,070,365 2,373,530 Maint. o f equipm’t. 2,193,339 1,598,691 21,927,548 23,3.16.099 19,450 200,459 2.479,929 2,556,857 Traffic expenses__ 14,151 139.558 213,450 142,834 Transportation exp. 4,754,391 4,062,787 50,754,013 55,443,875 378,085 451,966 3,457,250 3,745,881 T o t.exp., incl.o th. 8,751,683 7,620,178 97,170,133 105829,007 864,530 1,070,132 8,047,285 8,725,563 — 79,061 — 191,878 3,472,609 2,884.080 31,319,714 22,886.143 700,021 Net from railroad----79,183 82,035 68,906 505,582 457,158 5,763,689 4,582.293 373,647 Taxes_______________ 272,859 162 89,821 1,085 4,820 9.937 19,930 Uncollectible revenue. 6,079 85,045 — 162,181 —260,946 321,554 — 199,755 Net after taxes, &c_ 2,957,090 2,406,992 25,465,204 18,218,805 — 207,775 —332,766 Net after rents--------- 2,402.223 1,SOS,948 20,472,778 13,971,783 — 91,054 — 630,626 507 Aver, miles of r'd oper. 507 6.971 6,971 507 479 6.971 6,971 Alabama Great S outhern Spokane International A tla n tic Steam ship Lines — M on th o f D ecem ber —■— Jan . 1 to D e c . 31—■ 31— M on th o f D ecem ber —• — Jan. 1 to D ec. 31— 1921. 1922. 1921. 1922. 1921. EARN ING S. 1922. 1921. 1922. 1922. 1921. 1922. 1921. $ S S S $ S $ $ % % % % 78.380 83,672 987,381 1,057,714 622.197 588,926 6,171,637 6.910,461 1.021,861 Freight revenue______ 791,771 10,791,546 9,398,184 21,646 13,381 180,608 184,755 Passenger revenue___ . 166,913 1,845,890 2,035,374 190,089 48,905 57,058 __ 627,632 705,771 110,769 96,212 1,229,532 1,300,060 T o t ., incl. other rev. 867,211 828,932 8,524,804 9,542,224 886,524 12,080.072 10,656,078 14,777 23,942 Expenses— Maint .way 178,438 288,579 34,027 04 5,24 8 994,417 1,177,062 13.076 172,726 175,126 9,019 13,674 105,605 113,841 Maint. o f equipm’t . 184,876 139,435 1,737,193 1,933,306 164,7.3° 2,730,533 2,566,414 3,084 2.980 37,328 36,856 272, Mi I S Traffic expenses___ 20,748 22,982 217,624 16,752 238,883 205,052 Transportation exp. 43,550 37,504 424,840 322,129 3,266,258 4,426, "52 441,197 295,087 1,016,588 7,017,242 7,138,090 825,082 75,748 85,265 961,945 Tot.exp.,incl. oth. 558.754 475,077 6,565,760 8,196,318 1,260,668 10,494,163 10,442,541 35,021 10,947 404,450 338,115 308,457 Net from railroad-----353,855 1,959,044 1,345,906 — 374,144 7,051 9,146 68,951 325.692 92,356 490.600 48,463 34,236 Taxes_______________ 12,174 75 31 68 398 3,848 2,731 Uncollectible revenue. __ 1,248 27,970 1,801 335,424 245.728 Net after taxes, &e_ 259,926 319,221 1,464,596 1.017,483 — 387,566 — 7,164 254,453 295.312 1,483,909 21,265 165,768 303,392 1,020,786 Net after rents--------— 387,426 165 165 165 318 313 318 Aver, miles of r’d ©per. 165 313 C in cin n ati New Orleans & Texas P acific Spokane Portland & Seattle Galveston H arrisburg & San A n ton io — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1 -M onth o f D ecem ber —■ — Jan. 1 to D e c . 31-J a n . 1 to D e c. 311921. 1921. , 1922. 1922. 1922. 1921. 1922. EARN ING S. 1921. 1922. 1921. 1922. 1921. S S $ S $ $ * I $ 8 1,252,072 938,287 12,599,962 12,586,859! 1,552,774 1,427,462 16.422,195 18,176,542 471,539 4,948,946 5,440,824 Freight revenue— . . . 482,003 375,321 287,232 3,330,278 3,516,637 143,491 1,723,438 1,831,495 Passenger revenue__ 160,533 431,122 379.639 4,542,546 5,246,816 684,959 7,382,886 7,980,930 T o t., incl. other rev.; 1,733,743 i.366,412 16.801,374 17.170.444 716,708 1,940,451 22,254,213 25,063,536 102,924 135,175 1,938,245 3,326,988 64,828 53,235 711.021 Expenses— Maint.way 907,174 311,639 4,098,173 4,776,654 390,105 381,110 4,308,898 4,359,476 73,465 1,112,821 1,050,985 Maint. o f equipm 't. 115.893 829.678 4,528,750 5,617,675 31,302 351,867 364,131 39,946 Traffic expenses__ 10,354 10,284 121,413 108,458 53,752 459,587 544,164 Transportation exp. 569,589 486,557 6,125,702 7,107,572 211,675 241,455 2,415,082 2,701,908 916,675 8,769,084 9,878,415 T o t. exp., incl.oth. 1,152,926 1,088,514 13,331,264 14,789,236 434,705 407,746 4,709,452 5,132,158 2,178,592 18,739,149 21,897,286 580,817 277,898 3,470,110 2,381,208 Net from railroad-----282,003 277,213 2,673,434 2,848,772 373,820 — 238,141 3,515,064 3066,250 643,547 46,468 68,497 782,303 61,609 40,000 Taxes______________ 894,409 1,014,036 118.034 175,763 746,554 638,174 8,086 4,612 6,653 Uncollectible revenue. 180 156 51 1,242 8,440 2,988 3,164 14,976 11,662 534,169 » 204,789 2,681,154 1,729.575 220,238 237,162 1,777,783 1,826,296 Net after taxes, &c_ 251,898 — 417,068 2,753,534 2,516,441 440,408 232.491 1,910,018 1,942,444 212,037 Net after rents--------235,273 1,652,267 1,681,056 191,997 -548,089 1,994,775 1.484,844 338 338 338 338 551 549 Aver, miles of r ’d oper. 551 549 1,379 1,380 1,379 1,380 Georgia S ou th ern & F lorida Staten Island Rapid Transit H ou ston & Texas Central — Jan. 1 to D e c . 31— — M on th o f D ecem ber — -M o n th o f D ecem ber — — Jan. 1 to D e c . 31— -M on th o f D ecem ber -------- Jan. 1 to D e c . 31— 1921. 1921. 1922. 1922. EARN INGS. 1922. 1921. 1922. 1921. 1922. 1921. * S $ $ $ $ $ S $ s 220,870 282.055 2,912,376 3,093,686 , Freight revenue--------918,601 1,024,223 979,869 1,323,026 10,597,691 10,801,304 139,426 110,975 1,236,824 1,030,194 1,210,702 1,228,536 Passenger revenue___ 314,609 362,340 3,520.601 3 238,378 T ot., incl. other rev. 403,060 464,145 4,518,016 4,586,771 l,39y,y»4 1 ,7 / 0,Uf>2 1 5 , 0 5 / ,4 2 4 l 4 ,» 1 3 , 6 o 8 Expenses— Maint .way 51,526 75.635 741,174 959,670 346,954 48,774 2,897,002 3,268.649 66.552 Maint. o f equipm 't. 67,017 791,276 924.179 294,380 648,143 2,899,592 2,662,589 Traffic expenses__ 8,288 8,816 103,838 110,794 25,706 27,164 287,245 262,081 Transportation exp. 138,796 189,448 1,928,031 2,509,599 635,833 783,945 5,328,137 5,620,615 280,859 355,904 3,744,211 4,669,212 1,345,835 1,554,649 11.902.060 12,226,717 Tot. exp., incl. oth. Net from railroad___ 122,201 108,241 773,805 — 82.441 54,140 221,433 3,185,364 2,016,941 786 17,878 192,712 206,312 Taxes_______________ _ 183,480 136,882 694,443 528,777 *Uncollectible revenue., 1,473 786 12,814 1,613 1,356 520 _____________ 8,761 2,891 Net after taxes, &c J 120,629 568,279 — 290,366 — 130,687 88,890 84,031 2,482,180 2.085,273 67,157 394,539 — 552,560 — 156,953 Net after rents--------- ■ — 24,567 96,977 — 19,945 2,022,081 1,4327705 1Aver, miles o f r’d oper. 402 402 402 402 23 932 932 932 932 EARN IN G S. 1922. $ 359,971 76.805 472.979 109.596 144.969 12,016 198.618 488.559 —15,580 23,169 122 -38.871 —26,148 739 1921. $ 351,865 73,083 480,723 152,319 131,325 7,042 230,641 544.142 — 63,419 19,152 475 — 83.046 — 86.410 ' 739 1922. $ 4,500,866 881,440 5,780,169 1.093.189 1.360,016 116,828 2.395.701 5.263.282 516,887 180,167 3.653 333.067 253,430 739 F eb., 1923.] Tennessee Central EARNINGS. Freight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Maint.way Maint. ofequipm ’t. Traffic expenses__ Transportation exp. Tot .exp., incl.o th . Net from railroad___ Taxes_____ ___ __ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r'd oper. EARNINGS. « 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. EARNINGS. — M on th o f D ecem ber — — Jan. 1 to 1922. 1921. 1922. $ * $ 167,694 106.036 1,855,355 46,572 46.739 495,427 226,642 168,578 2.518.9U8 22,660 42,239 417,656 22,123 43,547 385,752 5,826 4,939 67,074 99,612 98,384 1,247,521 160.300 199.125 2,286.036 66,342 — 30,547 232,872 5,073 269 54,674 146 996 2,401 61.123 — 31.812 175,797 38,174 — 46,606 ---117,229 293 293 293 D e c . 31— 1921. % 1,585,771 605,339 2,338,81, 541,08 503.69S 58,722 1,239,548 2,474.431 — 135,615 41,287 2,36 j — 179,533 — 339.otK 293 Terminal R R Assoc’n of St Louis Term inal R ailroad A ssociation o f S t LouiB — M onth o f D ecem ber — — Jan. 1 to D e c. 31— 1922. 1921. 1922. 1921. ______ 386,373 62.948 ■ 28,989 1,038 109,079 211,011 175,362 101,675 ______ ______ ______ 370,148 4,498,456 4,527,861 60,601 863,822 1,028,14'! 35,966 431,852 1495,594 1,042 11,897 12,622 136,674 1,560,649 1,612,981 248.075 3,037.692 3,233,426 122,073 1,460,764 1,294,440 46,684 730.489 705,925 104 1,368 185 588,33173.687 75.285 728,907 209,250 189,685 2,146,790 1,992,743 37 37 37 37 S t L ouis M erchants Bridge Term inal — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. 1921 1921. 1922. $ $ S $ ______ 430,586 41,883 0 4 ,9 9 6 915 228,104 271,940 158,656 67,158 11.918 79,580 36,751 9 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. ______ 291,988 41,062 22,232 1,032 148,817 219,504 72,484 48,253 24,231 44,873 9 ______ 4,118,952 539,084 303,396 11.191 1,915,993 2,828,989 1,289,963 315,910 12.227 961,826 1,044,759 9 ______ 3,658,660 565,707 285,465 11.799 1,947,747 2,891,199 767,461 235,275 2U 531,975 729,336 9 Texas & Pacific EARNINGS. 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. — M on th o f Decem ber — — Jan. 1 to D e c . 31— 1922. 1921. S $ 2,324,591 2,090,982 721,655 691,787 3,268,051 3,078,318 372,128 445,277 671,274 2,234,879 48,227 47,277 1.169 246 1.069 697 2.382,167 3,933,319 885,884 — 855,001 77,515 104,662 2.541 357 805.828 — 960,020 649,880--1,073,579 1,952 1,952 1922. $ 21,738,482 7,279.004 31,381,795 5,051,050 6.544,264 586,305 11.843,491 25,494,086 5,887,709 1,230,397 8,942 4,648.370 3,629,472 1,952 Toledo St Louis EARNINGS. Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— M aint.way Maint. of 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. & 1921. $ 24,346,031 8,686.959 35,600,474 5,748,559 8,404,106 611,309 13,777.591 30.138 446 5,462,028 1,437,974 10.208 4.013.846 2,832,148 1,951 Freight revenue. . . . Passenger revenue__ T ot., incl. other rev. Expenses—Maint.way Maint. o f 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. U nion P aciiic — M on th o f Decem ber — — Jan. 1 to D e c . 31— 1921. 1922. 1921. s 1921. 1922. $ 43,911,074 45,688,528 5,829.178 80,686,246 84,377.064 9.087,894 9,931,246 1,294.353 17.369.420 19.438.055 57.662,496 59,217,692 8,369,448 11)7842,566 114783,971 8,270,927 9,210,291 1,031,187 11,977,805 13.063,914 12,282.949 11,843,730 1,664,495 22,373,737 22,750,820 1,378,262 1,341.678 102,228 1,634,433 1,675,353 24,086.905 25,726,606 2,669,044 32,248,330 34,089,947 48.041,297 50.506.169 5.913 473 73.921.927 77.61.2,030 9.621.199 8,711,523 2,455,975 33,920,639 37,171,941 2,262,675 1.860,487 382,182 6,751,048 6.394,853 4,232 23.871 17,774 4,644 9,979 7.334.653 6,846,804 2.063.814 27.164.947 30.759.314 4,107,421 3,863,340 1,923,151 26,621,319 28,351,910 2,472 2,472 3,693 3,622 3,665 O regon S h ort Line Western Maryland — M on th o f Decem ber — — Jan. 1 to D ec. 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1921. 1921. 1922. 1922. 1921. 1922. 1922. $ $ $ $ $ $ $ $ 2,580,842 2,125,123 28,538,554 27,701,720 1.629.531 1,231.835 16,406,378 15,491,649 973,055 1,155,701 455,964 82.084 80,431 421,855 5.517,058 6.068.743 3,323,022 2,868,188 36.779.501 36,843,202 1,805,479 1.403,140 18,575,350 17,619,972 223.406 2,787,713 2,297,413 323,407 409,092 5.243,081 5,909,264 386,719 585,197 269,716 4,052,903 3,914,702 520,852 6,688,993 6,894,833 376,232 346,597 425,052 530,016 48,877 52,346 526,899 39,244 29,500 956,962 975,145 12.074.716 11.923.090 645.093 465.229 6,656,125 6,427,701 2 092.874 2.1 22 7m;-{ F7r»9 27 4)2.139 1.514.008 1 0^9.780 14.730.157 13-820,664 1,230,148 74o,395 10,138,742 9,431.063 291,469 343,360 3,845,193 3,799,308 777,462 605,000 54,404 55,000 58.605 3,027,535 3,136,762 63,731 1.601 9.672 528 69 5,799 6,660 528 1.601 1,175,675 680,991 7,104,547 6,284.629 235.941 278,028 3,239.665 3.020.245 1,164,000 637,662 6,82o,884 5,630,965 269,482 249,730 3,074,576 3,027,627 801 2,366 2,359 804 2,359 2,361 804 804 O regon W ash in g ton R R & N avigation Pacific Western — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M onth o f D ecem ber — — Jan. 1 to D e c . 31— 1921. 1922. 1921. 1921. 1922. 1921. 1922. 1922. $ S S $ $ $ $ % 1,510,661 1,685,513 19,802,230 20,849,206 586.129 9,466,534 8,972,847 836.483 534.748 465.545 5.761.977 6.240.256 114,612 2,150,151 2,323,282 113,734 2,294,928 2,486,900 28,i4d,UOO 29,818.740 1.021,503 12,494,040 12,100.611 432,851 509,673 6.1 19,598 6,242.811 107.392 153,903 1,970,514 2,169,384 423,475 376,864 5,168,836 5,009,591 190,350 165,565 2,201,839 2,339,158 63,916 710,589 55,032 714,980 378,797 35,076 398,037 32,873 1.139.713 1.189.458 12,540.013 12.603,757 339.521 4,566.409 4,581,962 397.118 2.214.722 2.299 I’M 2n 4 •l ml 26 -0 / / .0/8 789.341 1,006.489 9,826.714 10.425.669 80,203 187,8.10 1,738,864 3,241,162 232,162 — 231,279 2,667,326 1,674,942 144,704 142,328 2,136.981 2,189,241 962,056 1,285,149 69,347 306,368 1.160 1,050 134 9.321 10,879 72 111 951 — 04.63 2 36.34! — 309,277 1,04 1.042 388,743 162.743 — 537,758 1,704.319 — 128,837 — 52,896-—1,376,275 — 126.427 851,996 227.461 — 464,903 1,966,442 2,237 2,218 2,231 2.222 1,042 1,016 1,043 1,041 St JosephJ& G rand Island Western Ry of Alabama — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber— — Jan. 1 to D e c . 31— 192. 1922. 1921. 1921. 1922. 1921. 1922 . 1922. S S $ $ $ $ $ $ 224,269 208,162 2,653,318 2.798,733 161,593 117.874 1,656,679 1.442,769 27,769 845.461 25,270 309.094 351.688 815,260 82.561 65.597 271,136 250,391 3,171,594 3,355,356 201.250 2,741,539 2,530,457 55,720 686,036 385,713 37,957 605,602 360,978 56,065 42.549 78,943 28,363 643,735 564,227 550,787 659,825 44.804 2,979 31,070 97,65V 2,407 31,305 102,557 8.898 9,345 126,410 887,943 110.104 1.397.605 1.473,387 875,727 63.727 82.004 278.214 191.139 2.827.098 2.919,667 208.900 185.152 2.057.939 2.201.335 — 7,078 59,252 344,496 329,122 435,689 683,600 16,098 44,787 111,380 01 4,29 0 54,217 170.328 210,456 175,567 30,010 19,777 176 498 2,193 203 40 418 5 7.212 4 869 173.670 223,040 217.539 507.615 14.772 — 3.719 1,004 9,052 70,029 141,070 222,010 492,853 6,010 — 3,833 258 258 258 25S 133 133 133 133 1922. S 1,052.569 36,092 1,132,219 0 .3 9,99 2 196,279 21,374 381.173 1,520,594 — 388,375 0 .1 ,5 2 3 102 — 386.954 — 458,267 454 Western 1921. 1922. * 8 721,519 10.681,350 30,131 360.448 785,990 11,542,343 147,948 1,297,063 204,504 1.684,451 19,196 255,538 322,759 3.593.406 711,670 8,645,606 74,320 2,896,737 43,458 604,841 1.204 30.862 2,290,692 — 28,580 1,772,607 454 451 1921. S 8,737,449 365,358 9.503.970 1,531,323 1,966.428 243,932 3,383,736 7,319,062 2.184.908 438,369 107 1.746,432 1.355.565 454 D ecem ber — — Jan. 1 to D e c . 31— Utah 1922. $ 180,434 834 182,529 25,737 55,493 566 51,715 140,518 42,011 5,362 1921. 8 96,008 953 97,644 20,053 29,873 312 25.887 80.841 16,803 15,708 36,649 31,281 102 1,095 — 11,351 104 1922. $ 1,744,884 9.023 1,769,642 301,459 464.433 4,607 466.419 1.297.383 472,259 74,292 2 397,965 266,296 102 1921. 1922. $ S 3,541,596 3,295,273 778.931 814,125 4,835,046 4,447,831 541,877 574,134 908,025 1,111,712 111,698 112,760 1.977,689 2.359,440 3.913,996 4.129,548 921,050 318,283 188,556 181,624 580 1.393 731.914 135,266 456.239 — 132,488 2,472 2,472 Wheeling 1921. $ 1,192,083 7.617 1,213,535 273,655 386,647 4,705 305,351 1.010.336 203,199 116,541 4 86,654 — 9,423 100 Vicksburg Shreveport & Pacific — M onth o f D ecem ber — — Jan. 1 to D e c. 31— — M onth o f D ecem ber — 1922. 1921. 1922. 1921. 1922. 1921. % $ $ $ $ $ 228,907 225.166 69,445 57,225 766,873 880.137 116,704 98.582 17,132 20.310 482,066 537.429 105,746 1,652,803 1,747,687 373,655 345,955 116,651 56,835 55,781 23.502 0125,398 93,986 280.897 Cr22,3'19 52,534 41,572 31,440 225,302 283,835 9,550 11,410 1,839 1,820 35,332 35,387 114,411 75,094 64,523 121,514 917,266 874.964 255.710 237.537 140.795 — 72.783 1.580,579 1.379.815 117,945 108.418 — 24,144 178,529 72,224 367,872 26,222 6,003 7,001 19,445 72,064 82,659 125 25 40 91.598 120 88.948 — 30,147 171,528 285.213 85,586 72,630 — 34,365 166,426 — 47,551 217,604 171 128 171 128 128 128 — Jan. 1 to 1922. $ 2,326,927 1.112.717 3,717,970 631,902 655,579 118,101 1,421,490 3.016.260 701.710 231,319 1.775 468.616 368,823 171 D e c. 31— 1921. $ 2,833,058 1.081,475 4,151,552 704,477 734,117 119,490 1,542,419 3,297,256 854,296 211,284 664 642.368 459,948 171 Virginian Union RR (of Pennsylvania) EARNINGS. Wabash Union Pacific System — M on th o f 1922. 6,974,929 1.458,754 9,507,117 502,844 2,009,277 149,315 3,458,252 6.574 041 2,933,076 359,817 0588 2.573 847 2,583,614 3,708 & Lake Erie -— M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber— — Jan. 1 to D e c . 31— Ulster & Delaware EARN ING S. 13 RAILW AY EARNINGS 1922. $ 890,401 65.933 1,040,812 58.131 254.283 16,276 452.416 817.124 223,688 82,797 271 140,620 62.121 511 1921. 1921. 1922. $ $ $ 785,770 11,249,810 12,708.914 952.334 777,463 79.295 938,199 13,153,888 14,770,707 100.122 2,053,828 1.910,291 218.329 3,389,877 3.401,301 183,697 209,679 18,296 251,539 5.049.063 5,676.657 11.666,450 11,146.707 843.431 94,768 2,007,181 3,104,257 126; 185 1,229,557 1,066,683 1,826 611 1.033 776.591 2.035.748 — 32.028 — 50.899 393,880 1,755,356 511 511 511 W ichita Falls & Northwestern 1922. S 112,785 20.931 140.485 35,131 18,271 820 48.773 108,579 31.906 12,039 210 19.657 — 1,492 329 Yazoo — Ian. 1 to 1922. S 1.199.757 262,013 1,575,260 358,980 207,877 10,316 619,633 1,288,243 287.017 138,386 1.421 147,210 24.123 80 — 89,538 328 329 1921. $ 108,605 28.233 157.864 33.360 27,636 800 69,432 137,230 20.634 0 3 ,4 8 9 & D e c. 31— 1921. * 2.221,458 377,580 2,734,870 455,791 365,960 10,958 904,418 1,820,705 914,165 167,346 448 746.371 482,167 328 Mississippi Valley — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— — M on th o f D ecem ber — — Jan. 1 to D e c . 31— 1922. S 1921. $ 1922. S Freight revenue........... Passenger revenue__ Tot., incl. other rev. 844,912 702,817 11,184,564 Expenses— Maint.way 44,620 44,720 841.664 Maint. ofequipm ’t168,635 211,132 2,096.304 Traffic expenses___ 266 98 2,798 Transportation exp. 492.814 318.049 4,886.396 Tot. exp., incl. oth. 714.978 580,136 7,912.805 Net from railroad___ 129,934 122,681 3,271,759 Taxes............. ............. 173,000 283,627 268,368 Uncollectible revenue. Net after taxes, &c. — 43.689 — 160,946 3.003.391 Net after rents_____ | 30,896 — 70.407 3,899,383 Aver, m ilesof r’d oper. 1 45 45 45 1921. $ 9,435,212 741.476 2,484,877 2,568 4,394,776 7.710,795 1,724,417 379,122 3,255 1.342,040 2,139,492 45 1922. $ 1,305,283 82,327 1,489,473 192,620 464,909 11,905 465,566 1,174,351 315,122 144,500 22 170,600 247,189 540 1921. 1922. 1921. S S $ 952.359 16,956,023 15,681.361 76.555 827,568 956,580 1,165,946 19,009,444 18,024,357 264,294 2,193,206 2,547,899 323,020 4.838,605 3,902,349 9,396 140,566 123,080 439,055 4.902,970 5,540,614 1.043,007 12.439.391 12.405,722 122.939 6,570,053 5,618,629 49.361 1,528,916 1,043,175 16 291 370 73.562 5,040,846 4.575,084 66,050 5,373,544 4,726,940 526 530 526 1922. $ 1,444 428 521.016 2,072,391 347 923 343,344 22,984 705,849 1.459.826 612,565 63,970 109 548.486 546,011 1,380 1921. 1922. % $ $ 1 245 604 14 567 737 15 385,060 447,588 4.163.256 4,284,094 1,771,044 19,904,961 20,759,409 281,825 4,471,066 4,281,211 703.355 3,850,132 4,845,961 311,326 303,953 25,055 557,771 7,660.308 8,486.105 1.599.845 16.844.615 18.527,525 171,199 3,060,346 2,231.884 82,676 1,360,531 1,353,704 2.872 1,355 2.855 87.168 1.696.943 875.325 95,056 1,631,609 811,365 1,381 1,381 1,381 1921. 14 [V ol. 116. RAILW AY EARNINGS COMPANY RETURNS All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commis sion at Washington. A few railroad companies also issue monthly statements of their own, and sometimes these company state ments go beyond the requirements of the Commission and give added items of information. Besides this, a number of companies ■—■notably the Pennsylvania Railroad—issue consolidated statements, showing results for the system as a whole, whereas the Com merce Commission requires returns from each constituent road separately. It is our purpose that each issue of the “ Railway Earnings Section” shall furnish an absolutely complete record of all monthly returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring to gether here all the company statements where they differ in any way from the returns to the Commission, or where they embrace more facts than are contained in such returns. It should he d istin ctly u n d ersto o d that w h ere the co m p a n y sta tem en ts a re id e n tic a l w ith th ose ren d ered to the C om m erce C o m m is s io n , and d o n o t in c lu d e a n y a d d itio n a l item s, w e do n o t u n d erta ke to r ep ea t th em h ere. I n su ch ca ses the rea d er m u st look f o r the fig u r e s among the d eta iled sta tem en ts o n p reced in g p a g e s , w hich in c lu d e every stea m roa d that is obliged to m ake m on th ly r etu rn s to the C o m m is s io n . Bellefonte Central St. Louis-San Francisco — M o n th o f D ecem ber ------- Jan . 1 to D e c . 31— Gross receipts____________________ Operation________________________ N e t___________________________ Interest and taxes_________________ Surplus________________________ 1922. 10,155 8,999 1,155 120 1,035 1922. 108,623 88,069 20,553 1,440 19,113 1921. 5,178 5,522 — 343 201 — 544 1921. 74,668 83,050 -8,381 2,412 -10,793 Canadian Pacific — M o n th o f D ecem ber ------- Jan. 1 to D e c . 31— 1922. 1921. 1922. 1921. ............. 17,365,639 15,756,923 186675,035 193021,854 _______ 13,900,834 13,839,142 150373,344 148820,114 ............. 3,464,804 1,917,781 36,301,691 34,201,740 Gross earnings________ Working expenses____ Net profits_________ Fonda Johnstown & Gloversville --1922. --1921. --1922. 1921> 487,220 42,104 816,464 52,561 11,296 1,409,648 830,481 579.167 76,264 502,902 18,439 521,342 50,314 571,657 8,100 51,225 312,271 8,276 2,768 382,642 189,014 456,243 43,087 806,869 33,413 16,045 1,355,659 865,244 490,414 71,064 419,350 11,568 430,918 53,350 484.268 8,100 43,709 318,700 9.832 2,805 383.146 101,121 — M on th o f Decem ber -------- Jan. 1 to D e c . 31O perating In co m e — Freight revenue__________________ Passenger revenue— steam division Passenger rev.— electric division. . All other rev. from transportation. Rev. from other railway operations1 Total operating revenues_______ Railway oper. exp. (not incl. taxes) Net rev. from railway operations1 Railway tax accruals____________ Railway operating income________ Miscel. oper. income (or loss)____ Total operating income________ Non-operating income____________ Gross income____________________ Deduct— Rents for leased roads. _ Other rents accrued— debits____ Interest on funded debt________ Interest on unfunded debt_____ Miscel. inc. charges----------------Total deductions from gross inc. Net income____________________ $ 39,972 3,600 79,566 6.415 914 130,468 75,464 55,004 12,739 42,264 — 363 41,901 12,762 54,663 675 4,444 24,079 1,237 30.436 24,227 $ % 33,618 2,279 72.372 4,220 1,104 113,596 68,201 45,394 5,739 39,655 — 1,205 38,449 13,407 51,856 675 3,458 26,054 529 — 56 30,660 21,196 Illinois Central System (In clu din g Y azoo & Mississippi Valley) — M on th o f D ecem ber —- - - J a n . 1 to D e c . 31— 1922. 1921. 1922. 1921. Railway operating revenues--------- 16,488,202 12,857,471 174765,348 161886,474 Net railway operating income, after deducting oper. exp., taxes, & c._ 3,464,359 1,398,372 26,752,737 26,570,261 The Kansas City Southern (In clu din g Texarkana & Fort Smith) — M o n th o f D ecem ber ------- Jan. 1 to 1922. 1921. 1922. Gross revenue_____________________ 1 ,9 5 3 .6 1 4 1 ,5 8 2 ,7 4 7 2 0 ,3 6 1 ,i7 9 Operating expenses_______________ 1 ,3 5 8 3 57 1 .3 8 5,20 2 1 5 .0 8 3 ,4 5 9 Net revenues__________________ 5 9 5 ,2 5 7 1 97,544 5 ,2 7 7 ,7 1 9 117 ,41 6 9 1 ,4 1 4 1 ,3 1 5 ,6 7 6 Taxes ______ __________________________ Operatingjincome______________ 4 7 7 ,8 4 0 106 ,13 0 3 ,9 6 2 ,0 4 3 D e c . 31— 1921. 2 1 ,7 6 8 ,i4 0 1 6 ,1 0 3 .9 9 2 5 ,6 6 4 ,1 4 8 1 .0 7 2 ,6 9 3 4 ,5 9 1 ,4 5 4 Missouri Kansas & Texas — M on th o f D ecem ber —- — Jan . 1 to D e c . 31— 1922. Miles operated (average)____ 3,738 Operating revenue__________ 5,143,443 Operating expenses_________ 3,795,330 Net operating revenue____ 1,348,113 252,446 Taxes accrued______________ Operating income___________ 1,095,666 Deduc. from income, less other inc. 171,491 Balance__________________ 924,175 1921. 3,783 4,499,438 4.497,354 2,083 102,164 100,080 3,902,380 3,802,299 1922. 3.737 55.035.701 39.683.701 15,352,000 2,926,376 12,425,624 1,439.036 10,986,588 1921. 7,783 63,020,975 50.055.784 12,965,191 2,612,463 10,352,728 2.386.495 12,739,223 Pennsylvania System — M on th o f D ecem ber —- — Jan. 1 to D e c . 31— 1922. 1921. $ $ Freight___________ 39,269 813 30,110,864 Passenger__________________ 15,405.080 13,716,542 M ail___________________ 1,049,890 1,141,744 Express_____________________ 1,996,726 1,543,741 All other transportation_____ 1,228,225 1,689,272 Incidental_________ 2,085,475 2,491,539 202.728 521,381 Joint facility— Credit_______ Joint facility— D ebit_____________ 30 75? 999 03s Railway operating revenues_61,198,185 10,206,040 E xp en ses — Maintenance o f way and structures 6,425,415 7,630,709 Maintenance o f equipment_______16,154.035 16,567.114 Traffic_____________________ 646,967 573,633 Transportation_____________ 26,266,318 21,412,116 Miscellaneous operations____ 883,081 706,102 General_____________________ 1,502,011 1,532,323 Transp’n for investment— Credit. 21,588 1,737 Railway operating expenses-51,856,239 48,420,260 Net rev. from railway operations 9,341,946 2,571,885 Railway tax accruals----------- 2,065,592 1,937,857 Uncollectible railway revenues____ 17,475 95.113 Railway operating income- 7,258,879 538,915 Equipment rents— Net debit_ 1,144.577 781,337 Joint facility rents— Net debit_ C r3 7,203 Cr306.645 Net railway operating income_ 6,151,505 64,223 Revenues — 1922. $ 456278,914 176527,447 10,663,339 16,550,788 14,700,776 21,469,357 788,007 378 800 1921. $ 420081,057 183484,099 12,529,798 10,085,059 14,279,613 21,697,412 1,051,135 451 3 7 0 6 y b o 9 9 ,/0 8 6 o 2 7 o b ,8 u 3 84.638,072 175670,577 7.410,364 278510.094 10,164,967 17.298,645 65,663 573627,056 122972,712 32,018,617 145.815 90,808,280 10,479,509 474,368 79,854,403 82,648,038 174048,714 7.488,238 288274,205 9,718,289 18,178,387 45,032 580310.839 82,445,964 29,870,748 154.565 52,420,651 10,818,002 974.505 40.628 144 (In clu d in g S ubsidiary Lines) — M on th o f D ecem ber — 1921. 1922. 5,165 Mileage5,165 S 5 Freight revenue__ :_______________ 4,884,882 4,222,699 Passenger revenue_________________ 1,915,861 1,695,143 583,925 Miscellaneous revenues___________ 527,258 Total operating revenues_______ 7,328,001 6,501,767 Maintenance o f way and structures 1,022,919 1,070,625 Maintenance o f equipment_______ 1,267,109 1,686,448 Transportation expense__________ 3,032,882 2,229,810 249,389 Miscellaneous expenses___________ 273,002 Total operating expenses_______ 5,595,912 5,236,272 Taxes, hire of equip., joint faciliyt Cr52,276 rents (less other income)_______ 112,080 Balance available for rentals, sink, funds, fixed charges, &c_______ 1,620,009 1,317,771 — Jan . 1 to D e c . 31— 1922. 1921. 5,165 5,615 $ $ 57,204,106 58,688,209 19,089,414 21,306,536 6.177,325 5.817,850 82,570,845 85,812,595 12,361,059 11,054,280 15,337,701 16,337,498 31,474,044 33,197,927 3,193,033 3,455,668 62,365,837 64,045,373 4,652,153 4,086,236 15,552,855 17,680,986 St. Louis Southwestern (In clu d in g St. Louis S outhw estern o f Texas) — M on th o f D ecem b er -------- J a n . 1 to 1922. 1921. 1922. . 2,711,764 2,212,559 26,159,924 - 1.974,365 1,472,979 20,004,575 s 737,398 739,580 6,155,348 Railway tax accruals & uncol lectible railway revenues_______. 146,249 111,554 1,233,463 Railway operating income_____ . 591,148 628,025 4,291,884 Other railway operating incom e.. 363,286 2,644 52,472 Total railway operating incom e.. 593,793 680,497 5,285,170 Deductions from ry. oper. incom e. 83,831 78,238 898,344 Net railway operating income. . 509,961 602,259 4,386,825 Non-operating income__________ 353 444,031 39.555 Gross income_________________ . 549.516 601,905 4,830,856 Deductions from gross income__ . 216.283 214,198 2,588,010 Net income__________________ . 333,232 387,706 2,242,846 D e c . 31— 1921. 25,140,164 19,089.558 6,050,605 1,122,764 4,927,841 603,005 5,530,846 772,087 4,758,759 359,302 5,118,061 2,624,580 2,493,481 Southern Pacific -—-M onth o f D ecem ber — — Jan. 1 to D e c . 31— 1922. Average miles of road operated___ 11,222 Revenues — $ Freight____________________ _____ 15,927,573 Passenger________________________ 5,350,424 M ail_____________________________ 353,375 Express________________________ 853,542 All other transportation ________ 488,775 Incidental________________________ 459,698 Joint facility— Credit_____________ 6.775 Joint facility— Debit_________ .___ — 3,503 Railway operating revenues____23,436,662 E xp en ses __ Maintenance of way and structure 3,422,260 Maintenance of equipment_______ 4,794,668 Traffic__________________________ 415,699 Transportation__________________ 8,433,148 Miscellaneous____________________ 281,212 General__________________________ 778,881 Transp’n for investment— Cr_____ — 79,767 Railway operating expenses____18,046,130 In com e — Net rev. from railway operations.. 5,390,559 Railway tax accruals_____________ 2,203,531 Uncollectible railway revenues____ 31,304 Equipment rents (net)___________ 365,968 Joint facility rent (net)__________ 70,995 Net railway operating incom e.. 2,718,758 1922. 1921. 1921. 11,223 11,187 11,216 $ $ $ 13,330,491 180438,951 181409,691 4,859,880 49,003,549 63,442,251 349,210 3.581,754 3,617,146 746,339 7,653,473 8,318,458 397,398 5,797,644 5,638,563 526,093 5,878,419 6,958,343 216,139 166,168 16,180 — 50,763 56,257 ____ 3,524 20,222,070 262519,169 269494,365 3,477,649 5,126,847 398,564 9,944,338 299,818 740,197 32,956 19,954,457 267,612 1,309,909 54,928 374,707 332 1,472,264 36,806 129 48,264 ,068 4,417 ,409 92,454 ,184 3,928 ,318 8,323 ,359 — 529 ,012 193664,456 42,19S,882 49,188,143 4,182,340 104744,036 4,153,650 8,521,539 416,329 212572,262 68,854,713 56,922,102 18,859,356 15,539,469 127,593 124,565 3,815,727 5,154,543 — 170,810 156,732 46,222,846 35,946,791 Union Pacific — M on th o f D ecem b er --------J a n . 1 to D e c . 31-— 1922. 1921. 1922. 1921. 9,413 9,427 Average miles of road operated-.. 9,451 9,374 $ $ S O perating Revenues — $ .12,383,636 10,474,687 141987,481 145089,769 Freight revenue_________________ _______ 2,568,206 33,972,832 37,258,672 Passenger revenue!_______________ . 2,942,478 . 521,386 514,445 4,482,520 4,515,744 Mail revenue_______________ 847,456 4,819,475 5,588,147 Express revenue_________________ . 664,784 322.849 327,239 4,253,502 4,829,485 All other transportation_________ . 322,849 . 302,996 410,882 3,361,309 3,688,399 Incidental___________________ Railway operating revenues .17,138,131 14,142,919 192877,121 200970,218 O perating E xpen ses — Maintenance of way and structuress 1,658,320 2,189,073 27,290,092 29,227,888 3,587.362 2,908,266 38,847,741 38,758,686 Maintenance of equipment_______ . 3,587,362 268,134 3,446,424 3,499,081 Traffic__________________________ . 318,817 Transportation__________________ . 6,306,510 5,392,823 63,533,377 65,333,697 287,892 3,815,939 3,894,143 Miscellaneous operations_________ . 297,598 . 591,309 579,968 6,994,435 7,404,617 General____________________ — 1,696 — 8.319 — 81,780 — 105,721 Transport’n for investment— C r_. Railway operating expense .12,758,222 11,617,839 143846,229 148012,394 In co m e — Net rev. from railway operations... 4,379,909 3,525,080 49,030,892 52,957,824 623,114 13,251,551 12,847,154 Railway tax acrruals_____________. 678,551 25,203 13,274 39,512 Uncollectible railway revenues___ — 295 Railway operating income________ . 3,701,652 2,876,762 35,766,066 40,071,156 Equipment rents, net____________ . — 67,696 — 269,027 -1,560,814 -4,034,343 Joint facility rent, net___________ . — 35.307 — 60,724 — 708.934 .— 720,402 N et___________________________ . 3,598,648 2,547.010 33,496,317 35,316,410 74.58 Oper. ratio (revenues over exp.). 74.44 76.72 73.65 N o te .— The Union Pacific and Oregon Short Line Railroad companies now own all the capital stock of the Los Angeles & Salt Lake Railroad Co. and this com pany is now operated as a part of the “ Union Pacific System,” and effective with the month of January 1922 the figures for that company are included in the system figures, the figures for the corresponding period of the year 1921 being restated to include those for the Los Angeles & Salt Lake Railroad Co. for the purpose of comparison. Union Pacific System figures for years previous to the year 1921 are therefore not comparable with those here published. N et In co m e U n d er G o ve r n m e n t C o n t r o l AS C O M P A R E D W I T H T H E G U A R A N T E E D R E N T A L . From tabulations prepared by the United States Railroad Administration we have compiled the following statement showing for all of the Class 1 roads— that is, all roads whose gross revenues from railway operations exceed S I,000,000 per annum— the Net Federal Income for the calendar years 1919 and 1918, in comparison with the “ Standard Return,” or Government Guaranteed Rental. The compilation enables any one to see whether during the period of Government control any given road was operated at a loss or profit to the Government and the extent of such loss or profit. It will be observed that only in a few exceptional cases did the Government derive a profit from the operation of the roads. The Standard Return represents the average net income for the three-year “ test” period, that is, the three years ending June 30 1917, this being the income which the Government agreed to pay to the roads as compensation for the use of their property. The 1919 and 1918 figures of Federal Net Income, the Railroad Administration states, have been taken from the monthly returns which the roads are required to file with the Inter-State Commerce Commission and which are given from month to month in this publication. The figures referred to represent only the last item in these returns. Any one desiring the full details for the different roads, including gross revenues, expenses, &c., will find them in the issue of this publication for Maroh 13 1920. Eastern R egion. A verage M ile s o f R oad. - N e t Federal In co m e — 1919. 1918. N ew E ngland D istrict — $ $ Bangor & Aroostook________ 632 107,731 607,177 Boston & Albany___________ 394 1,951,199 2,232,916 Boston & Maine______________ 2,376 3,577,108 1,895,400 301 d e f 163 ,13 8 Central New England_______ 57,768 Central Vermont___________ 536 def8 71,205 def689,469 Grand Trunk in New England 172 d___ , If d e l l , 1 05,677 e f 766,51 Maine Central_______________ 1,216 d e fl ,212,203 def581,781 N . Y . N . H. & Hartford_____ 1,966 6,929,382 7,769,005 415 223,058 Rutland................................... 4 2,165 C entral D istrict — Ann Arbor__________________ Buffalo Rochester & Pittsb__ Delaware & Hudson__ ______ Delaware Lack. & Western_ Detroit & Mackinac________ Detroit & Toledo Shore Line. Erie (incl. Chicago & Erie)__ Grand Trunk Western L ines.. Lehigh & Hudson River__ _ Lehigh & New England______ Lehigh Valley_______________ Michigan Central___________ Monongahela_______________ New York Central__________ N . Y . Chicago & St. Louis__ N . Y . Ontario & Western___ N. Y . Susquehanna & West ern (incl. W . B. & E .)_____ Pere Marquette____________ Pittsburgh & Lake Erie______ Pittsburgh & Shawmut______ Pittsburgh & West Virginia.. Ulster & Delaware__________ Wabash____________________ $ 1,555,775 4,063,131 9,832,491 1,468,124 828,625 def4,271 2,955,697 17,173,367 1,023,883 10,227.504 38,901,093 301 575,137 175,013 590 d e f l ,07 5 ,8 70 1,086,378 875 2.054,575 2,451,695 996 11,809,921 15,973,193 def89,5 96 382 34,304 62 916,852 467,806 1,036,370 def2,246,652 2,259 1,002 2,309,600 203,930 97 395,718 363,664 232 927,354 1,197,761 1,436 3,776,291 6,821,131 1,862 16,969,157 13,692,236 108 1,041,104 650,615 5,682 48,201,701 46,035,695 574 4,048,631 3,893,167 795,047 569 576.100 526,883 3,276,410 7,409,600 15,749,477 310,664 456,512 15,729,068 1,076,017 519,371 1,135,761 11,318,714 8,052,127 583,086 51,739,500 2,218,857 2,103,589 T o ta l..................................... 8,008 226 2,232 225 103 63 129 2,504 9,775,418 def185,671 6,717,880 3,501,821 def!7?,302 def658,908 def1 53 ,7 5k 864.445 524,551 3,851,485 9,880,183 130,435 def319,631 def5 7,775 3,714,172 999,942 3,748,196 8,980,219 613,261 237,010 128,009 5,826,810 T otal......................................22,511 103.611,503 109,099,456 142,739,083 O h io-In d ian a D istrict — Chicago Indianapolis & Louisv 657 Cincinnati Indianap & W est. . 322 252 Cincinnati Northern________ Cleve. Cin. Chicago & St. L _2,397 Detroit Toledo & Ironton____ 456 Hocking Valley______________ 350 Kanawha & Michigan_______ 177 Lake Erie & Western________ 903 Toledo & Ohio Central______ 436 Toledo St. Louis & Western_ 454 Wheeling & Lake Erie (incl. Lorain & West Virginia)___ 537 T o ta l................................. 6,941 760,549 257,750 14,751,312 def 717,087 2,614,670 1,658,827 397,292 826,951 1,248,218 1,620,259 422,213 317,628 9,938,597 225,895 2,637,167 1,295,141 1,548,542 1,086,651 994,294 1,099,856 1.192,764 1,723,315 15,909,487 22,820,109 21,809,702 415,931 def5 90,797 493,591 12,981,513 def 710,51,5 1,444,287 171,233 def39.,034 d e f 1 17,097 747,799 d e t l5 8 ,3 8 7 Grand total, Eastern region..37,460 129,296,408 142,147,069 203,449,878 A llegheny R egion. Baltimore & Ohio (incl. Coal & C o k e )...................... 5,152 5,066,914 Bessemer & Lake Erie_______ 225 2,005,600 Buffalo & Susquehanna______ 297 def5 09,326 Central o f New Jersey_______ 685 1,408,865 Cumberland Valley_________ 164 447,030 Grand Rapids & Indiana_____ 570 455,093 Long Island_________________ 398 2,445,212 N . Y . Philadelphia & Norfolk 122 648,692 Pennsylvania East____________5,381 8,042,568 Pennsylvania W est___________1,755 5,786,456 Philadelphia & Reading_____1,629 5,431,888 Pitts. Cine. Chic. & St. Louis. 2,384 def2 ,5 0 5 ,5 1 0 Staten Island Rapid Transit. _ 24 68,655 W es tern M a r y la n d ____________ 698 def 1 3 1 ,3 6 5 West Jersey & Seashore______ 361 11,927 T o ta l....................... 7,193,131 4,940,006 113,043 6,375,183 1,848,302 254,425 3,915,059 990,008 19,952,680 4,464,444 11,298,842 2,878,717 33,941 def4 7 9 ,z 93 def11,3,998 28,031,146 4,713,564 591,613 9,352,301 1,228,967 929,385 3,221,949 996,051 51,416,782 14,992,785 17,057,230 11,334,094 S56,S24 3 , 079 ,593 952,682 19,845 .19,845 28,772,799 63,634,490 148,254,966 P ocahon tas Region. Chesapeake & Ohio (includingg C. & O. o f Indiana)________ - 2,506 Norfolk & Western_________ . 2,088 Virginian___________________. 523 7,523,378 10,133,638 2,555,230 17,060,651 18,804,782 1,952,872 13,266,983 20,634,142 3,247,603 T o ta l_______ ____________. 5,117 5,117 20,212,246 37,818,305 37,108,728 C entral W estern R egion. Arizona Eastern____________ 378 Atch. Topeka & Santa Fe____ 9,444 Chicago & Alton______________ 1,051 Chicago & Eastern Illinois__ 1,131 Chicago Burlington & Quincy (incl. Q. O. & K. C .)______ 9,621 Chicago Peoria & St. Louis__ 247 Chicago Rock Isl. & Pacific ( i n c l .C .R .I .& G .) _______ 8,055 Chicago Terre Haute & S . E . . 374 Colorado & Southern.............. 1,100 Denver & Rio Grande............ 2,593 Denver & Salt Lake_________ 255 El Paso & Southwestern......... 1,028 Fort Worth & Denver C i t y ... 454 Los Angeles & Salt Lake_____ 1,168 Northwestern P a c ific ............ 530 Oregon Short Line__________ 2,348 St. Joseph & Grand Island__ 259 Southern Pacific (Pacific SyB.) 7,048 Toledo Peoria & Western____ 248 Union Pacific_______________ 3,614 Western Pacific....................... 1,027 otal 588,433 40,060,757 d e f2 5 5 ,3 9 5 def4 23,466 1,479,821 1,242,475 41,709,460 39,867,072 1,817,094 3,178,315 1,560,806 2,946,001 25,428,088 def868,05f 25,089,199 33,390,080 d e f5 2 8 ,86 0 127,540 9,067,411 def277,560 1,644,897 6,113,737 def945,793 2,993,415 2,912,058 3,353,127 1,103,594 10,754,273 def48,318 32,677,799 9,217,002 15,880,681 769,487 922,785 2,868,352 2,481,212 5,492,884 8,319,377 d e f961 ,558 353,290 4,945,206 4,145,102 1.824,785 1,891,385 2,791,315 3,414,751 1,485,017 1,338,000 10,723,916 10,204,619 d e f10.3,787 373,811 34,016,787 36,171,354 def if,377 159,740 35,629,321 23,670,741 2,604,528 1,900,350 d e f217,656 32,873,256 3,575,968 A verage — N e t Fed eral In co m e — Standard M ile s R eturn o f R oad. 1919. 1918. E n tire Year Standard R etu rn E n tire Y ea r ................... .. 1,973 170,121,574 182,426,498 191,978,682 N orthw estern R egion. Chicago & North W estern ... 8,090 Chicago Great Western_____ 1,496 Chicago Milw & St. Paul____10,647 Chicago St. Paul M . & O____ 1,749 Duluth & Iron Range_______ 289 Duluth Missabe & Northern. 411 Duluth South Shore & Atlan. 599 Elgin Joliet & Eastern_______ 829 Great Northern....................... 8,219 Mineral Range______________ 101 Minneapolis & St. Louis......... 1,647 Minn. St. Paul & S .S . M arie. 4,243 6,593 Northern P acific.............. O regon-W ashingtonRR.&N. 2,070 Spokane Portland & S eattle.. 538 $ 12,771,197 1,126,605 3,250,867 2,698,776 3,082,978 11,401,721 def2 2,5 17 3,322,507 12,827,280 def!07,154 def31Jf,698 5,057,635 18,450,790 3,224,299 1,652,116 $ 12,498,939 61,009 3,933,874 2,631,520 3,824,716 12,495,342 267,704 4,781,037 12,368,069 10,827 238,577 3,925,862 28,317,433 4,490,859 2,694,420 T o ta l................................... .47,521 78,422,402 92,540,188 148,454,277 S outhern R egion. Alabama & Vicksburg............. Alabama Great Southern____ Atlanta & West Point______ Atlanta Birm. & Atlantic____ Atlantic Coast Line_________ Carolina Clinchfield & O h io.. Central of Georgia__________ Charleston & Western Caro_ Cincinnati N . O. & Tex. P ac. Florida East Coast............... Georgia____________ Georgia & Florida__________ Georgia Southern & F lorida.. Gulf & Ship Island................... Gulf M obile & Northern......... Illinois Central______________ Louisville & N ash ville........... Louisville Henderson & St. L . Mississippi Central_________ Mobile & Ohio______________ Nashville Chatt. & St. Louis. New Orleans & Northeastern. New Orleans Great Northern. Norfolk Southern.................... Northern Alabama.................. Richmond Fred. & P otom ac.. Seaboard Air Line................... Southern______ _____________ Southern R R . in M ississippi.. Tennessee Central__________ Vicksburg Shrev & P a c ific ... Washington Southern_______ Western of Alabama________ Yazoo & Mississippi V alley.. T otal....... ............ 141 264,097 312 1,498,327 93 539,640 640 d e f9lt 6,Jf58 4,867 7,213,015 291 1,497,762 1,918 1,583,969 343 171,233 337 525,956 765 1,444,349 329 1,326,143 348 d e f If5 1,5 38 402 62,593 306 def81,384 438 def98,977 4,793 4,479,526 5,013 11,884,568 200 510,724 165 def1 85,901 997 defl ,0 2 5 ,8 23 1,247 1,242,397 204 187,064 285 14,593 906 163,670 113 64,343 82 2,763,900 3,563 1,867,961 6,983 10,642,549 278 def70,887 293 d ei5 3 6 ,1 6 8 171 454,510 36 1,875,153 133 569,354 1,382 4,475,913 .38,374 345,074 2,062,786 660,606 d e f5 7 2 ,92 2 11,685,220 1,162,282 3,917,977 549,209 3,092,962 1,633,983 2,256,504 def1 05,538 351,763 364,779 200,289 12,981,324 19,568,935 648,071 310,921 244,315 4,145,298 990,248 407,939 291,453 192,542 3,025,529 3,658,391 29,512,206 d e f5 0,3 97 def2 ,5 6 8 342,116 1,736,088 621,916 4,499,924 S 23,201,016 2,953,450 27,945,819 4,934,790 2,355,242 5,122,051 562,348 2,862,177 28,686,681 144,006 2,706,994 10,578,977 30,057,760 4,491,883 1,871,083 322,854 1,703,180 252,995 480,000 10,180,915 1,627,963 3,408,809 466,921 3,541,040 2,842,842 858,622 88,000 511,457 595,883 558,338 16,282,374 17,310,495 343,916 308,525 2,597,478 3,182,089 1,204,992 519,904 1,266,871 150,583 1,136,974 6,497,025 18,653,893 6,990 162,734 337,948 467,230 288,238 3,862,318 53,937,173 110,740,325 102,020,390 S outhw estern Region. Fort Worth & Rio Grande____ 235 20,514 1,301 def61,995 Gulf Coast Lines___________ 920 1,270,855 1,140,676 1,928,596 Gulf Colorado & Santa Fe____1,936 2,466,881 2,828,218 2,854,270 International & Great N orth. l,160def 1 ,5 0 5 ,7 8 7 1,394,946 1,378,645 Kansas City Mex. & Or. S y s .. 737def1 ,2 5 5 ,6 7 3 def692,255 150.000 Kansas City Southern (incl. T . & F. S .)_____ 862 2,189,359 3,128.053 3,535,427 359,362 Louisiana & Arkansas_______ 302 def156,635 86.232 Midland Valley_____________ 389 444,346 343,136 766,580 Missouri & North Arkansas. _ 365 def664,377 def115,861 175.000 Missouri Kansas & Texas____1,714 4,562,769 5,853,831 5,215,538 Missouri Kan. & Tex. o f T ex . 1,796 def2,5 1 3,55 5 d ef7 9 0 ,9 9 6 621,773 Missouri Oklahoma & Gulf__ 332 defl ,051,628 def529,613 def83,603 Missouri P acific....................... 7,205 4,363,698 11,821,976 14,206,814 St. Louis-San Francisco_____ 4,761 14,695,141 11,247,194 24,690,213 St. Louis-San Fran. & Texas. 134 def!79,720 defl 17,399 def332,953 940 3,070,880 St. Louis Southwestern______ 3,681.615 3,355,749 St. Louis Southwest, o f Texas 815 defl ,508,721 d e t3 3 8 ,2 5 5 555,165 “737 def " 1........... . San Antonio & Aransas Pass_ d e t l2 6 ,0 2 3 ,151,723 456,684 Sunset Lines (incl. H. & T . O. and H. E . & W . T .)________ 3,614 8,503,128 9,208,659 13,836.811 Texas & Pacific______________1,947 4,107,432 3,621,573 3.719,146 Trinity & Brazos Valley_____ 369 def6 12,360 def5 3 0 ,23 8 63,158 Wichita Falls & Northwestern 329 def5 00,226 def588 ,89 6 145,245 35,055,171 55,972,636 61,588,468 515,817,773 685,279,511 Total New England d istrict.. 8,008 9,775,418 10,227,504 % o f standard return______ 25.1 26.3 Total Central District_______ 22,511 103,611,563 109,099,456 % o f standard return______ 72.6 76.4 Total Ohio-Indiana D istrict.. 6,941 15,909,487 22,820,109 % o f standard return______ 72.9 104.6 38,901,093 21,809,702 Total Eastern Region_______ 37,460 129,296,408 142,147,069 203,449,878 % of standard return______ 63.6 69.9 Total Allegany Region______ 19,845 28,772,799 63,634,490 148,254,969 % o f standard return______ 19.4 42.9 Total Pocahontas Region_____ 5,117 20,212,246 37,818.305 37,108,728 % of standard return______ 54.5 101.9 Total Southern Region______ 38,374 53,937,173 110.740,325 102,020,396 % of standard return______ 52.9 108.5 Total Northwestern Region. .47,521 78,422,402 92,540,188 148,454,277 % of standard region______ 52.8 62.3 Total Central Western Region51,973 170,121,574 182,426,498 191,978,682 % of standard return______ 88.6 95.0 Total Southwestern Region. .31,599 35,055,171 55,972,636 61,588,468 % of standard return______ 56.9 90.9 % o f standard return____ 515,817,773 685,279,511 57.8 76.8 B l a i r fr Co. INCORPORATE® 3 4 BRO AD STREET NEW YORK INVESTMENT SECURITIES Boston Cleveland Milwaukee Pittsburg St. Louis Buffalo Detroit Minneapolis Rochester Scranton Chicago Los Angeles Philadelphia San Francisco Syracuse