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THREE THREE SECTIONS—SECT1ON RAILWAY EARNINGS SECTION OF THE COMMERCIAL St FINANCIAL CHRONICLE of Librarian by WILLIAM B. DANA COMPANY,in office Copyrighted in 1920 according to Act of Congress, - .........---.-VOL. 110. NEW YORK, FEBRUARY 14, 1920. of Congress, Washington, D. C. NO. 2851. T s ntation of the reports of earnings and HIS entire publication is devoted to a prese the latest month (December) and for expenses of United States railroads for month. The table embraces every the calendar year to date including said which is obliged to make monthly steam operating railroad in the country at Washington. Returns are now ission reports to the Inter-State Commerce Comm ting revenues, or gross earnings, exceed e railway opera required only from carriers whos $1,000,000 per annum. ns on file at WashingThe figures are a transcript of the swornereturuniformity of method of Sworn Returns. ton. They have the further advantag to make up its returns on the same basis and classification. Every company is obliged and in the same way as every other company. of weekly and monthly The "Chronicle" has always made a specialty fifty years its weekly Earnings ings, and for nearly reports of railroad earn re accepted as authoriOur Specialty, and monthly summaries have been everywhe. inuation of this work tative. The present publication is in cont make it possible for us These Inter-State Commerce returns also and expenses. Besides revenues Full Details. to present full details of both the the passenger and the freight revenues. total gross earnings, we indicate separately ays for both maintenance of way and showing the outl In the case of the expenditures we report traffic and transportation expenses. We also n tenance of equipment as well as the main s) and the net earnings after the deductio show the railway tax accruals (less War Taxeitem of uncollectible railway revenues. In of such taxes and the comparatively trifling g after the deduction of certain rents, namely inin addition, we indicate the net earnings rema conclude by giving the miles Operated on equipment rents and joint facility rent. We which the earnings are based. to discard altogether, and The cents we have necessarily been obliged vary a dollar, one way or Cents Discarded. if in any case the results should happen to . variance will be found in that circumstance the other, from exact proof, the reason for the lete, we add statements To make this publication absolutely comp by the companies themCompany Returns at the end to show also the figures issued different from that of the Also Given. selves, where they are made up on a basis in addition to earnings, or they give fixed charges Commerce Commission returns, or where fiscal year. a separate and distinct where they have l publication is entirely The matter contained in this extra and nove ings we furnish in the earn Other Returns additional to the comprehensive reports of ns of the leading Toads, Continued. "Chronicle" from week to week. All the retur and promptly in the arly , are printed regul and also all weekly figures of gross earnings ion we issue once a month—say about the as soon as received. But in addit h we "Chronicle" a sort of compendium of earnings in whic 15th—this special publication, furnishing t month which are available. bring together all the returns for the lates nts or "Sections," all As in the case of our numerous other Suppleme "Railway Earnings Section" Only for of which are expensive publications, the ribers. These will receive Subscribers, will be furnished only to "Chronicle" subsc be impossible to obtain subscription. It will it free of charge, one copy going with each ed for general sale. copies in any other way, as none will be print PUBLISHERS WILLIAM B. DANA COMPANY, NEW YORK Is CHRONICLE BUILDING FRONT, PINE & DEPEYSTER STREETS . FEB., 1920 RAILWAY EARNINGS 3 GENERAL INDEX ION. TO ROADS APPEARING IN THIS SECT Peg. Nams— Page Name— Page York Chicazo & St. Louis....8 and 14 Name— 7 New 4 Duluth Winnipeg & Pacific) __10 Alabama & Vicksburg 7 New York New Haven & Haxtford__ eam_12 East St. Louis Connecting New York Ontario & Western__10 and 14 ama Great Southern. See South Alab 7 4 El Paso & Southwestern _18 Ann Arbor 7 New York Phila. & Norfolk. See Penn __ 10 ern Pacific_12 Elgin Joliet & Eastern Arizona Eastern. See South 7 Now York Susquehanna & Western__ 4 Erie 10 Atchison Topeka & Santa Fe 7 Norfolk & Western 4 Florida East Coast 10 ern Point Atlanta & West 14 Norfolk South 4 Fonda Johnstown & Gloverav _7 and 10 Atlanta Birmingham & Atlantic 7 Northern Alabama Fort Smith & Western 10 & St. Lawrence. See Grd. Trk. Northern Pacific Atlantic 6 7 Fort Worth & Den. City. See Col. & So 10 Northwestern Pacific Linos in New England 4 Ft. Worth & Rio Gr. See St. L. & S. F_11 Oregon Short Line. See Union Pacifie 13 Atlantic City Pac.12 4 Galv. Harrisb.& San Ant. See Sou. Pao.13 Atlantic Coast Line 7 Oregon-Wash. RR.& Nay. See Un. 4 4 Galveston Wharf • Fe. See Atchison 7 Panhandle & Santa Baltimore & Ohio 4 Georgia 10 Baltimore & Ohio Chicago Terminal 7 Pennsylvania Railroad 10 _10 Georgia & Florida Baltimore Ches. & Atlantic. See Penn 12 Pennsylvania Company. See Pena 4 Georgia Southern & Fla. See Southern 11 Bangor & Aroostook Penn_ _ _ 11 Peoria & Pekin Union 9 Grand Rapids & Indiana. See 11 Pero Marquette Beaum.Sour L.& W. Scs N.O. T.& M_ 7 14 Grand Trunk Lines in New England 11 al Bellefonte Centr 7 Perkiomen 4 Grand Trunk Western 11 Philadelphia Bethlehem & New Eng Belt Railway of Chicago 4 Great Northern ii mer & Lake Erie Philadelphia & Reading Ry Besse 7 4 Green Bay & Western 10 eld See N. Y. Cent Bingham & Garfi 7 Pittsb. & L. E. 5 Gulf & Ship Island Pena_11 Birmingham Southern 4 Pitts. Cin. Chic. & St. Louis. See 11 5 Gulf Colo. & Santa Fe. See Atchison Pittsburgh Shawznut & Northern Boston & Maine 11 5 Gulf Mobile & Northern ehanna Buffalo & Susqu 7 Pittsburgh & Shawmut Hocking Valley 1 burgh & West Virginia Buffalo Rochester & Pittsburgh...5 and 14 on & Texas Cent. See Sou. Pao 12 Pitts 11 Reading Pacific Lines (in Maine)____ 5 Houst Canadian 12 Port 5 Houston East & West Tex. See So. Pa,c_ 11 Carolina Clinohfield & Ohio 7 Quincy Omaha & Kansas City 5 Illinois Central .11 Central New England 9 Riohm.Fred.& Pot,om. See Rich.-Wash 5 Indiana Harbor Belt. See N. Y. Central_ 11 Central of Georgia 7 Rutland 5 International & Great Northern y See Union Pa,e_13 Central RR. of New Jerse Y. Cent._ 9 St. Joseph & Grand Id. 5 Kanawha & Mich. See N. 11 Central Vermont 8 St. Louis-San Francisco 5 Kansas City Mexico & Orient RR & West Carolina nsv.& Mex. SeeN O.T &M_ Charleston 8 St.L.Brow 5 Kan. City Mex & Orient Ry. Co. of Tex. nal. Chesapeake & Ohio Lines 8 St. Louis Merchants' Bridge & Termi 5 Kansas City Southern See Terminal Association of St. Louis..13 Chicago & Alton 8 5 Kansas City Terminal L.-8 F_11 Chicago & Eastern Illinois 9 St. Louis San Fr. & Tex. See St. Lake Erie & W. See N. Y Cent 11 Chicago & Erie. See Erie 8 St. Louis Southwestern 5 Lehigh & Hudson River Chicago & North Western St. Louis S.W Ry.ofTex.SeeSt.L.&S.W.11 8 12 5 Lehigh & New England Chicago Burlington & Quincy 8 St. Louis Transfer Lehigh Valley 12 d Trk. Jet. Chicago Dot. & Can. Gran 10 San Antonio & Aransas Pass 12 7 Long Island. See Pennsylvania ard Air Line See Grand Trunk Western 8 Seabo 12 5 and 14 Los Angeles & Salt Lake Western Chicago Great 8 South Buffalo 5 Louisiana & Arkansas 15 Chicago Indianapolis & Louisville 8 Southern Railway 5 Louisiana Railway & Navigation Co 12 go Junction ern Pacific Chica 12 South 5 Louisiana Western See Southern Pac_ _12 Chicago Milwaukee & St. Paul 8 Southern Ry. in Mississippi. See South 12 6 Louisville & Nashville Chicago Peoria & St. Louis RR 8 Spokane International 12 6 Louisville Henderson & St. Louis go Rook Island &.Gulf Portland & Seattle Chica 8 Spokane 6 Maine Central 12 Chicago Rook Island & Pacific Penn_10 Staten Island Rapid Transit 6 Maryland Delaw.& Virginia See 12 Chicago St. Paul Minn. & Omaha Tennessee Central 9 Cent. See N. Y. Cent oad Assn. of St. Louls 13 Terre haute & Southeastern__ 6 Michigan Chicago 8 Terminal Railr nd Valley So. 8 Cincinnati Indianapolis & Western ____ 6 Midla 8 Texarkana & Ft. Smith. See Kan. C. 12 _ 10 Mineral Range Cincinnati Lebanon & North. See Penn Texas & New Orleans. See So. Pae 8 s & St. Louis 13 ic New Orleans & Texas Pacific_ 6 Minneapoli Cincinnati Texas & Pacif Minneapolis St. Paul & S. S. M 10 Cincinnati Northern. See New York 'Fob. & Ohio Cent. See N. Y. Cent_ • 9 Minnesota & Internat. See No. Pao ...10 Central Peoria & West. See Penn_11 and 14 8 Tel. Mississippi Central 13 Cleveland Cincinnati Chicago & St. Louis 8 Toledo St Louis & Western 9 Missouri & North Arkansas Sou. al See New York Centr 8 Trinity & Brazos Valley. See Col.& Missouri Kansas & Texas 13 Coal & Coke. See Baltimore & Ohio 4 9 Ulster & Delaware 13 6 Missouri Kansas & Tex. Ry. of Texas ern Pennsylvania) Colorado & South 9 Union RR. (of 6 Missouri Oklahoma & Gulf 18 Colorado & Wyoming 9 Union Pacific uri Pacific 18 rland Valley. See Pennsylvania_10 Misso Cumbe 12 Utah 13 6 Mobile 86 Ohio. See Southern & Pacific, on Delaware 86 Iluds 10 Vicksburg Shreveport 6 Monongahela. See Pennsylvania 13 Delaware Lamkawanna & Western 9 Virginian • 13 6 Monongahela Connecting Denver & Rio Grande 9 Wabash 6 Montour Rich.-Wash_11 Denver & Salt Lake See So.P.12 Washington Southern. See 6 Morgan's L.& T.RR.&SS.Co. __ _10 Detroit & Mackinac 9 West Jersey & Seashore. See Penn_ 6 Nashville Chattanooga & St. Louis 13 4 land o Shore Line Detroit & Toled 9 Western Mary Nevada Northern 13 Detroit Grand Hay. & Mil. See Grand 9 Western Pacific 7 Newburgh & South Shore 13 Trunk Western rn Railway of Alabama 9 Weste 13 6 New Orleans & North Eastern Detroit Toledo & Ironton 9 Wheeling & Lake Erie ern 13 6 New Orleans Great North Duluth & Iron Range 9 Wichita Falls & Northwestern 6 New Orleans Texas & Mexico o & Mlsmmisslnnl Valley Duluth Missabe & Northern 9 Yazo 6 Now York Central Duluth South Shore & Atlantic • 4 RAILWAY EARNINGS [vol.. no. INTER-STATE COMMERCE COMMIS SION RETURNS FOR DECEM BER AND THE TWELVE MONTHS ENDING WITH DECEMBER In the following we furnish detailed figures of earnings and expenses for December 1919 , as compared with December 1918, and also for the twelve months ending with December in the two years, of ever y steam railroad i the Urited 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 requi res 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 stric tly accurate, prior to the call for the March 1918 reports, monthly returns were required from all carriers having railw ay operating revenues in excess of $100,000 per annum In the closing page of this publication-page 14 -we also give the Company returns wher e these differ in any way from the Commerce Commissi on returns or embrace more facts than are conta ined in the latter Alabama J.S Vicksbur g Atlanta & West Point -Month of December- -Jan. 1 to Dec. B & 0 Chicago Term 31- -Month of December- -Jan. 1 to Dec. 1919. 1918. 31- Month of December- -Jan. 1 inal 1919. 1918. 1919. to Dec. 311918. $ 1919. 1918. $ $ 1919. Freight revenue $ 1918. $ 1919. $ 157,093 1918. 3 S 187,322 1,828,832 1,603,077 $ Passenger revenue 119,536 144,028 1,338,208 1,262,802 $ 86,778 $ 64,700 774,484 622,950 92,356 103,620 1,141,568 1,041.403 Tot.,incl. other rev. 263,756 262,608 2,794,556 2,470,855 --9 3,049 4,887 Expenses-Maint.way 244,062 265,323 2,778,563 2,548,440 41,878 34,322 505,791 194,723 269,367 Maint. of equipm't_ 116,059 2,058,947 1,761,485 33,333 20,866 43,374 364,181 254,171 62,092 592,748 17,500 591,657 Traffic expenses 43,181 44,359 397,087 40,565 320,062 5(13,399 4,407 456,331 1,714 27,063 49,315 42,982 64,171 Transportation exp.. 6,244 540,261 2,131 636,335 113,259 40,532 40,742 118,286 1.117,258 1,032,214 1,468 802 103,276 13,914 101,510 1,055,581 12,850 Tot.exp..incl.oth. 867,069 215,113 `/ 7,231 2,375.656 161,221 2 152,410 1,556,631 1,605.174 198,665 17 1.663 2,067,912 1,730,354 , Net from railroad_ _ 245,526 48,643 35,375 270,867 2,669,578 2,690,703 418,900 425,738 Taxes (less war taxes)_ 45,396 77,Z7 710,651 818,085 ----WarS -154, 13,028 15,916 136,817 138,194 Uncollectible revenue.. 801 "t 10,902 -8r6, 16 "7 6 1,266 -75777 89,402 1 93,566 19 26,542 337 260 31,876 329,176 359,537 Net after taxes, &c_ 1 111 75 35,613 19,438 281,745 287,28:3 727 112 34,494 89,392 Net after rents 621,130 724,443 37.044 -77,345 --186,683 -940,534-1,297,866 18,726 260,522 323,995 Aver. miles of r'd oper. 1/,74351 ----FT,TPIT - (= 647,348 ' 7 141 141 141 3,632 1 ---01.761 141 7 7 93 93 - 1TICrn 03 7 93 90 91 90 91 Ann Arbor Atlanta Birmingham & Atlantic -Month of December- -Jan. 1 to Dec. Bangor ak Aroostook 31- -Month of December- -Jan. 1 to Dec. EARNINGS. 1919. 31- -Month of December- -Jan. 1 1918. 1919. 1918. 1919. to Dec. 311918. $ 1919. $ 1913. S 1919. Freight revenue 1918. i $ 1919. s 1918. 400,757 294,362 3.579,845 2,782,381 $ i 9i Passenger revenue.._ _ 305,738 340,050 3,659,464 3,524,660 63,662 56,790 402,086 718,714 567,580 337,005 4,013,168 3,705,800 95,240 101,821 Tot.,incl. other rev. 970,846 850,546 483,706 88,999 370,169 4,533,990 3,585,907 • 430,413 77,209 953,917 • 813,036 Expenses-Maint.way 469,176 4,961,072 4,703,381 53,102 56,907 521,042 619,180 437,516 5,287,299 4,863,222 595,485 Maint. of equipm't_ 81,882 101,986 1,159,042 1,065,801 100,381 76,749 115,151 816,334 773,071 63,215 1,177,240 Traffic expenses__ _ 140,227 791,357 126,789 1,545,076 1,253,008 5,798 350 57,592 166,171 - 83,883 1,506,244 1,162,520 47,193 Transportation exp.. 13,992 5,818 227,660 95,711 06,176 164,530 2,103,758 1,661,727 3,940 3,244 223,752 45,871 45,024 278,644 2,788,678 2,470,841 Tot.exp.,Incl.oth. 399,558 205,802 308.052 3,724,339 3.195,423 242,676 2,040,864 2,038,997 473,392 526.285 5,741,153 5.038,455 Net from rallroad..__ _ 512,047 714,147 ----7405,567 4,093,372 4,239 516 Taxes (less war taxes)- .n. 16,700 ----1327117 . 809,67577 "n6o,4a --42,979 -780,080 -335,074 --8,994 13,100 193,200 157,200 32,049 Uncollectible revenue_ 15,734 203.026 22,082 623,105 191,734 26 194,782 148 22,803 499 1,026 18,333 0.42 257.688 213,418 207 Net after taxes, &c.. 1,963 1,038 67,421 10 48,868 35 615,950 1,924 ' 232,258 -58.671 -79,398 -973,778 221 Net after rents -530,894 13,819 42,603 1.-- 48,140 -n13,681 570,59 34,314 410,065 Aver. miles of r'd oper. 1 75,131 " . ) -49;77.3 -81,019 -953,175 -584, 301 761 301 10,124 301 301 17,396 639 104,544 592,226 639 639 639 632 632 Atchison Top & Santa Fe System 632 632 Atlantic City Atchison Topeka & Santa Fe Belt lisAilray of Chicago -Month of December- -Jan. 1 to Dec. EARNINGS. Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 311919. to Dec. 311918. 1919. 1919. 1918. 1918. 1919. 1919. 1918. Freight revenue 19111. $ 199. $ 11,854,892 9,917, 1918. $ $ Passenger revenue.._ _ 4,428,005 3,218,029 124211,105 113798,080 119,211 179,771 1,454.563 1,892,752 067 45,628.937 37,045,790 114,768 113,135 2,783.239 2.138,080 Tot..incl. ether rev 17;617,1"87 13,997 ,088 179904.498 162369,130 252,714 308,660 4,452, Expenses-Maint.way 1,851,384 164 4,252,769 542,22 346,345 304,709 3,780,321 3,899,764 Maint. of equipm't_ 3,056,310 4,690, 9 23,158,350 19,037,932 59,462 47,233 624,460 435,050 383 40,017,505 35,100,235 31,195 Traffic expenses.. 35,460 32,503 357 185 4:244 32,691 413,401 161,334 535,624 127,517 1,723,289 1,675,783 449,164 56,318 45,697 Transportation exp.. 6,275,696 6,377,302 218 665,153 780,389 307 18,507 13,158 63.140,910 56,588,997 291 571 174,119 170,124 2,232,445 1.987,832 4,806 Tot.exp 1,509,892 11.933,772 130502,244 114912 226,392 204.440 2,260,654 2,476;306 ,375 0 268,062 252,438 3,428,449 2,901,005 Net from railroad 17007,294 2,063,295 49,402,264 47,45 321,935 1 294,496 3,381,870 3,7754ó* . Taxes (less war taxes).. 1,156,901 6,7a 56,222 17023,714 1,351,264 578,898 7,811,542 6,726.927 --15,347 24,410 10,303 Uncollectible revenue.. 22,086 398,451 16,695 124,351 174,258 849 2,749 144,495 33,572 15,535 21,492 16,442 26 186,325 197,07 Net after taxes, &c_ 4,849,543 1,481. 35 647 41.557,139 40.708,335 -37,459 39,527 Net after rents 849,419 1,206,76977774,356' 1,413,137'40,06,26941,558 .DM -6,138 212,125 -72,716 . Aver. miles of I'd oper ,302 -5'2,289 8,661 745,6511 1,018,476 745,65 8,624 149,813 1,344,016 1.620,458 1,581,681 8,650 8,643 177 177 177 177 31 31 Gulf Colorado & Santa Pe 31 31 Atlantic Coast Liao -Month of December- -Jan. 1 to Dec. Besinisma is Lake Brie 31- -Month of December- -Jan. 1 to EARNINGS. 1919. Dec. 31- 1918. Month of December- -Jan. 1 to Dec. 311919. 1918. 1919. 1918. $ 1919. $ 1913. 1919. $ Freight revenue 1919. $ $ $ 1919. 1916. $ 920,952 15,232,811 12,844,674 4,098,919 3,460, $ $ Passenger revenue.... 1,682,646 S 416 40,842,112 36,483,716 433,735 672,496 7'?9,430 11,701,707 12,688,341 411,086 5,737,771 4,878,257 1.705,286 1,699,994 18,448,228 16,567 Tot ,incl. other rev. 2,499,841 ,082 38,758 1.430,497 22,184,340 18,885,097 6,400,234 37,777 493,610 395,085 Expenses-Maint.way 5,619,882 63,558,451 56,992,329 427,491 376,318 4,766,137 3,422.887 Maint. of equipm't_ 862,812 12,508.699 13,417,564 802,867 454,651 9,488,091 6,567,499 379,842 453,910 3,774.016 3,476,114 1,264,212 494,241 Traffic 31,361 1,860,355 1,139,120 948,153 13,851,670 10,904,84 17,050 _ 10,832 486,106 201,917 228,958 284,360 4,199,161 3,462,840 Transportationes_100,143 expens exp.. 43,820 946,503 775,813 620,155 864,467 9,024,490 7,158,791 2,495,430 11,450 7,493 2,106,167 27,702,731 23,186,790 126.270 129,139 Tot.exp.,Incl.oth. 1,826,785 1.745,846 18,300 274,631 367,114 4,025,268 4,430,406 ,458 4,829,928 4,821,849 3,770.861 53,499 .1 Net from railroad.. ,911 42,663,302 ..:170t57 1,293 931 673,056 -315,34 1,$83,881 4,055, 5 700,709 10,452,120 9,167 236 Taxes (less war taxes).. 169 77671. 5 1,849,620 10,058,540 14;317- 166,449 87,339 1,041,278 - 97026 853,696 Uncollectible revenue.. 200,000 162,102 2,056,579 1727 200,000 2,510,000 2,495,000 1 1 585 511 44,139 7,014 11,440 4,539 807 210,639 Net after taxes..__ 241:62 765 19,548 6,930 556,021 -403,200 2,835,588 3,196, 29 191 1 932 4377,576 1,648,265 7,528,992 11,827,006 Net after rents -838,532 422,255 . -416,712''2,433,8617 2,824,14 "1,Z-MqUI"T 150,662 1,845,748 ,- 1778 TA, Aver. miles of r'd oper. ( ic(73,(i.39 7,144,336 11,626,126 ) -. 1,937 1,917 -663,796 1,935 140,44/ i,933,559 4,013.766 1,934 4,885 4,840 4,867 4,820 217 208 Panhandle & Santa Ye 217 208 Baltimore & Ohio Month of December- -Jan. 1 to Dec. Bingham & Garfield 31EARNINGS. Includes Coal k Cake 1919. -Month of December- -Jan. 1 to 1918. 1919. -Month of December- -Jan. 1 to 1918. Dec. 31$ Dec. 313 1919. $ Freight revenue 1918. $ 1919. 1019. 1918. • 627,936 1918. 1919. 305,689 5.076,604 4,275,636 11,933,997 10,880 1918. Passenger revenue __ _ s ,807 136802,852 s 116,941 151,845 218,506 1,241.894 3,308,158 83,761 1,325,235 1,253,186 2,414,938 3,024,910 31,724,005 129047,317 Tot.,incl. other rev. 30,676,946 2,342 822,929 4,760 412,254 6,708,469 5,809,657 15,745,813 15,358 24,810 48,535 Expenses-Maintsway ,812 182620,016 174191,448 89,667 93,426 1,098,970 1,092,039 1,692,353 3,044, 1817;113 260,778 1,3141960 3,450,747 Maint. of equipzn't_ 204,473 175,847 2,125,553 1,767,964 4,840,943 3,856, 272 26,168,745 25,775,063 33,139 34,668 Traffic expenses__ _ 452,108 033 56,364,803 48,003,661 475,405 4,204 2,901 45.137 48,140 63,349 46,772 Transportation exp.. 158,776 130,00 492,728 570,836 315,303 267,813 2,008,479 2,303,815 7,865,373 7,507, 2 1,886,254 1,964,492 1,431 1,664 15,607 031 79,727,340 78,846,090 16,322 Tot.exp.,incl.oth. 629,280 37,688 56,196 552,345 6,346,727 5,351,375 14.970,139 15,014 353,796 689,514 Net from railroad ,641 1698694 _25 160592 180 174,695 18 165,494 1,389,775 1,854,093 57777 457;781 Taxes (less war taxes) =(:7 -140,091 5, 4 344,171 i705U 33,619 Cr4.461 31,144 234,258 a 95,284 -74,814 1,596,654 Uncollectible revenue.. 194,559 690,908 337,866 4,872,094 13.599.145 451 4,784, 2 11,548 1,640 18,927 1.539 6,870 1,182 101,539 Net after taxes, &c.. 128,763 21,070 4. 10,829 159,578 -135,632 125,843 261,683 77,893 Net after rents 6,122 7,857,225 8 795 202 19,596 --76,357 -176,356=NM) Aver. miles of r'd oper. §7175' -140,514 172,328 5,082,4251Ik 772 772 29,888 772 92,158 -85.358 1.662,50g 741 5151 5151 5151 gin 37 36 37 EARNINGS. 77645777 -77777dir 36,618 -=,wrr -158,627 ---rin213,475 21: 3 5 RAILWAY EARNINGS FEB.. 1920.] Chicago & Eastern Illinois Central New England hern Month of December- -Jan. 1 to Dec. 31Birmingham Sout1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31- 1918 1919. 1918. EARNINGS. 'reight revenue l• a/monger revenue Tot.,incl. other rev. : xpenses-Nlaint.way Malta. of equipm't_ Traffic expenses_ _... Transportation exp. TOt.exp.,Inci.oth. Net from railroad_ Taxes (less war taxes)_ Uncollectible revenue_ Net after taxes, &c_ Net after rents Aver. miles of r'd open Month of December- -Jan. 1919. 1918. 1919. 2 2 2 434,080 68,281 32,587 83,311 5,460 8,564 711 70.725 88,692 --7-5,730 36,885 6,563 44,557 5,777 7,524 919 28,652 47,618 -9,625 -12,483 29 -42.265 -43,490 27 567,349 52,766 72,442 8,682 295,159 469,579 97,775 26,864 962 69.944 37. - 2: -2 29 1918. 1919. $ I 442,510 526,192 24.992 28,186 507,837 578,853 103,394 117,474 76,112 205,820 2,157 3,019 272,283 332,236 479,225 665.897 7737611 --8i,043 --Cr9,330 37,677 19 37.922 287.370 --124,721 56,531 -306,711 -182,743 301 301 27 1918. 2 1,167,152 10,383 1,397,254 106,867 252,010 10,979 598,529 1.014,761 382,49:1 95,121 1919. $ 6,155,605 299,815 6,757,408 1,531,218 1,322,945 35,221 3,081,493 6.144.172 613,236 213,677 1.129 398,429 -1(iTr/i8 301 1919. 1918. 1 S 2 $ 2 $ .732 5,494,741 1,525,498 1,646,251 18,019,272 20,811 670 406.666 4,883,306 4,030, 419,580 296,946 ,180 §6,753,092 6.063,155 2,172,123 2,225,996 24,795 391 3.559,040 466,757 3,663. 167,050 1,167,345' 933,858 8,974,253 8,745,842 814,335 1,062,351 269,567 254,553 14.719 21,656 20,616 4102,197 1.028,264 10,438,988 10,801,204 2,998,794 ,560 5.396,353 1,963,013 2,501,275 23,996,049 24,085 266,531 / 209,109 -275,279 -----0781 666,802 940,349 885,591 79,591 80,000 186,469 4.052 5,383 71 963 279 128,146 -354,942 -91,844 1,723,129 480,052 , 6 -455,6- 8 1,539- il2 1 ,999 -543,121' 53,036 1,131 1,131 1,131 1.131 301 Chicago & North Western Central Railroad of New Jersey Month of December- -Jan. 1 to Dec. 31311916 1919. Dec. 31- -Month of December- -Jan. 1 to Dec. 1918. 1919. 1918. Month of December- -Jan. 1 1919. S 2 1918. I 1918. 1919. $ 1919. $ 1918. $ 1919. $ 2 $ EARNINGS. 6,773,052 6,853,559 92,084,613 87,630.795 $ ,854 2 $ 43,085,443 2,758,385 2,648,173 32,709.113 33,387 315 2,944,721 2,510,126 35,213,606 28,000.861 3,929,494 3,226,791 43,303,174 19,048,390 831,372 8,530,339 7,753, 663,793 Freight revenue 11,094,113 10,676,199 139589,915 127295,678 1,725.042 1,649,638 21,812,786 Passenger rovenue 3,559,889 44,837,302 44,790,670 1,683,209 2,136,245 20,696.215 19,490,620 ,392 5,734,750 72,583,879 69,911 ,497 3,910, 66 575,925 5,510.957 4,068,182 2,908,113 2,774,679 29,687,410 26,834,170 552,555 Tot.,incl. other rev. 6,441,185 1,522,587 9,566,430 10,018 974,120 472 11,869,423 10,419,619 951,457 879,110 59,601 73,953 Expenses-Maint.way 608 15,216,933 14,175,173 1,018,483 1,139, 301,723 322,111 ,776 30,784 35,295 480,808 Maint. of equiptn't_ 2,061,627 1,764, 495,803 ,641 6,502,376 6,435,044 64,202,497 58,833 49,325 45,240 Traffic expenses 37,504,330 2.103,889 2,134,703 21,358,893 20,458 ,386 109498.572 11,760,601 119579 546 38,266.685 40.273,950 36,369.270 11,541,479 Transportation exp. 3,604,381 4.035, ,401 '20,016,524 17;797,104 66,023,667 64,430,771 3,817,635 :3.991,212 . 40O ..=447,3)J.5 -1084 Tot.oxp.,Incl.oth. 6.906.030 7,572,144 567,481 5,752,459 5,497,481 93,131 -431,322 4,563,351 8:421. 982 527,459 -r 26,667 -t-19T8- igrirgi -6,660,2i r '8,480,626 481,244 12,450 16,397 2,763,901 1,899, 901 399 1,024 Not from railroad_ 4,891 253,013 2,393,099 2,190,123 178 386, 74 taxes)_ 38 9 Taxes (less war 1,061 123 -975,848'-1652,784 14,245,619 12,272,956 132 Uncollectible revenue_ -447,757 1,779,271 6,516,525 • r2176 3 -1747;192 12,678,756 12,441.431 3,290.098 -388,122 4 8s1,252-5i 4,166,051 8.96 = 5 8,090 Net after taxes, &c. 8,090 -11T,T16 r- 1,84, 5.=6 684 8,090 8,090 685 rITTE-li '-2160,616 -8,188,71f 1,733,008 -382,564 684 685 2,258 Net after rents 2,258 2,258 Quincy 2,258 Chicago Burlington &to Dec. 31Aver. miles of r'd oper. -Jan. 1 Central Vermont Buffalo & Susquehasma RR Corp -Month of December- -Jan. 1 to Dec. 31- -Month of December- 1919. 1918 1918. Dec. 311919 1918. -Month of December- -Jan. 1 to 1918. S. 1919. 2 S 1918. S 1919. 1919. S 1918. 2 1919. 333 i07019,787 104492,837 2 INGS. 2 EARN $ 8,872,320 9,350, $ 2 2 329,131 4.255.202 3,799,879 2,735,289 2,358,363 35,345,284 28,052,904 371,936 1,975,390 2,138,357 4 847,28 178,399 133,960 76.285 1,075.588 70,036 85,321 Freight revenue 18.1)11,417 1441172,." i69 81.847 7,690 12,729,301 12,839,318 7,691 Passenger revenue_ _ 453,071 5,852,308 5,188,812 1,409,106 2,057,549 21,487,642 19,996,385 513,886 189,868 2,157,830 2,249,666 819,180 145,253 150 32,422,400 29,726,986 incl. other rev. 84,798 1,077,905 Tot., 424,531 53,944 2,901,525 2,735, 536,943 47,842 43,108 -M aint.way 84,347 1,064,457 1,209,796 257.910 1,501,457 1,323,477 839,732 Expenses 90,476 129,337 91,691 1,157,831 89.610 6,198,492 5,681,481 60.170.509 56,825,202 96,167 110,532 5,033 23,338 Maint. of equipm't_ 10.874 24,125 2,387 2,299 3,519,556 3,187,154 es _ _ 378,098 Traffic expens 889,609 322,705 757.766 73,984 11,044,825 10,463,976 120492,962 112067,616 59,574 Transportation exp. 743.691 6,432,888 5,588,538 -1,684,476 2,1751341 33,518,47 32.105,153 539.369 225,935 2,574.416 2,267.595 224,588 Tot.exp.,Incl.oth. ' P --580,580 95,729 5,744,553 5,511,594 785,530 -25,4 r--17:15m 184,304 16,357 189,174 31,580 16.357 6,692 2,833 Net front railroad__ _ 2,225 41,150 Cr38,800 6,300 168 5,400 526 Cr2 'Faxes (less war taxes). 223 4 896,112 2,063,255 27,712,341 26,577,201 1 199 ctible revenue_ Uncolle 56,728 --23,481 --283,930 --770,281 --584, -,156,53 25,016,099 ----66 --457,740 47:Cra1 11: 1 78 9,373 Net after taxes. &c. --84.736 -29,7 9,372 9,373 9,371 " IWO =411 -a ' 4 r ' -411 .----- rn --- 6 g - -- -13,301 411 265 Net after rents 411 298 296 296 Chicago Great Western 31Aver. miles of r'd oper. -Month of December- -Jan. 1 ro Dec. Buffalo Rochester & Pittsburgh 1918 1919. 1918. Dec. 311919. $ -Month of December- -Jan. 1 to 1918. S 2 $ 1919. 1918. 1919. EARNINGS. 2 1,230,385 1,137,109 14,555,496 12,888,034 * $ 2 412.655 5.979,146 4,756,820 ,948 5 16,437 474,95 814,712 1,434,901 11,787,447 1,335,697 Freight revenue 130.710 1,591,469 1,859,494 1,685,459 22,128,189 19,116,924 147,612 Passenger revenue _ _ 278,641 3,525,827 3,129,184 .658 219,721 1,606,733 13,955,591 18,479 761 481,936 5,010,518 5,130,650 2,823, Tot., incl. other rev. 1,005,819 506,208 321,075 2,368.023 5,966.244 386,761 189,270 320,950 24,682 Expensea-Maint.way 33,693 529,892 5,264.848 472,096 930.236 9,745,332 8,480,988 187,923 Mahn. of equiptn't_ 1,058,767 175,926 13451 16,652 Traffic expenses_ _ 432 19,305,163 17,783,907 537 8.179,786 1.877,048 1,772, 665,666 6,800, 592.813 Transportation exp. -21712r, 'T333821 028,726 17.577.207 -17,554 -96,5728 Tot.exp.,inci.oth. 1,309,219 1,570,365 15 671,091 682,589 61,058 59,351 =rO73TT31 1-1O2,456 36,367' 5,164 848 1 1 5M -= 6 345 167 294.580 Net from raliroad 280,000 503 (less war taxes). 342 657,571 Taxes 572 -77.073 -148.376 2,139,587 104 5 Uncollectible revenue_ 607.527 21,456 '78 1,003 2 =1 4 1-182.36- '7 ,7 . also on page 14) 35.760 -1353.76/ 303.405 Net after taxes, dm_ 1.490(Soo 1.490 1,027:0 g ,74 -1048,97 -183, 6. ---Net after rents 589 (See also on page 14) 589 Chicago Indianapolis &1 Louisville Aver. miles of r'd open ber- -Jan. to Dec. 31Charleston & Western Carolina Month Canadian Pacific Linesto(in Me) -Month of December- -Jan. 1 to Dec. 31- -1919 of Decem 1918 1919. 1918. Dec. 31$ 1918 S -Month of December- -Jan. 1 1919. $ 1918 S 1918. 1919. 1919. 1918 $ $ 1919. 702,844 8,366,514 7,602,549 $ EARNINGS. 4 $ 733,28 $ S $ s 332 2354,489 919 2,462,523 225,570 2,343, 247,925 2,891, 246.018 248.197 261,586 1,960,630 1,945,843 713,000 268,365 630,765 81,887 Freight revenue 293,152 62,858 651,377 43,425 1,077,901 1,045.275 12,355,826 11,017,274 89,645 Passenger revenue319,811 3,121,836 -3.015776 151,605 1,464,706 1,303,189 122,357 323,620 953 2.409.260 318,425 2,754. 422,435 369,738 576,784 28,862 299,842 3,304,501 2,951,589 Tot., Incl. other rev. 53,428 546,288 331,568 612,706 41,983 457,591 190,186 51,618 596,317 172,144 30,099 12,750 Expenses-Maint.way 15,897 54,292 581,851 641,108 91,100 50,086 61,317 . 85,979 4,259 427,118 5,384.032 4,548,118 Malta. of equiptn't. 28,949 8,020 540,798 30,658 1,664 2,542 expenses_ 131,806 1,523,533 1,324,607 1,052,067 Traffic 153,166 914,480 10,764,781 9,291,784 219,059 1,709.804 1,507,053 238.132 Transportation exp_ 200.784 2.822,755 2,317,402 274,660 130,705 1,551,046' 17;707 357.468 3.034.808 2,697,158 -381.609 , 6013,484 393,585 Tot.exp.,Incloth. 0 7- 7= 494,840 45,650 4064 47,387 = - 7 '• 179,8n 108,000 783 100,065 1,501 . -4 '"="11- 1 3/ 9,000 89 Net from railroad_ _ 11,683 137.952 146,733 161 21,452 49 18,433 Taxes (less war taxes). 85,144 1.094,704 1,331,120 590,322 -21,643 7 (Incolleetible revolt tie_ 198,76 110,027 7 4, 06 37.277 403,226 --425.850 2,092 75,24 -30,304 -60.494 --426.588 Net after taxes, &c_ 657 654 OM 657 654 21.006 .."' i9,40 --597,254 . 342 342 7 342 1177513 --93,502 '--660,47 Net after rents 342 233 233 233 233 miles of r'd open Chicago Junction Dec. 31Aver. Chesapeake & Ohio Lines 31- Month of December- -Jan. 1 to 1918. Carolina Clinchfield & Ohio 1919 1918. Month of Decetnber- -Jan. 1 to Dec. 1919. to Dec. 31- 1918 s 1919. t , Month of December- -Jan. 1 191x 2 S 191S 1919. 1919 I t 1918. I 1919. EA It NI NO S. s I $ ,372 2 2 471 4,389,621 5,257,483 53,073,001 55,720 ,892 437,584 5,448,187 4,302, 3 505,902 Freight revenue 415.59 902,460 1.412,091 14,158.153 13,629 339,178 3,712,478 3,435,784 412.683 321,062 34.870 37,727 Passenger revenue 626,722 738,908 69,529 7,089,616 71,475,015 737"720a96 1,964 543,804 495,071 5,970,134 4,811,538 5,675,676 rev 613,539 552,135 981,245 11,608,514 9,700,659 Tot., incl, other 53,848 656,521 800,347 60,508 924,789 6,844 ,533 78,315 1,193 -M *tint. way 89,680 289 Expenses 93 1,168,482 2,188,562 1,384,958 18.114.491 16,178 484,417 106,824 1,522,619 471,582 of equiptn't_ 5 2,789,214 2,529,565 140,916 31.168 268,72 Malta. 59,690 94,114 275,868 63,096 3,943 ,157 26,189,743 8,186 'Pratte expenses_ 398,773 4,224,210 3,792.094 746 1.557,080 2,812,046 2.416,331 28,766 0 344,31 162.301 1.881. 189.877 Transport talon exp. .1,945,602 60,676,473 64,143,001 -69,594 -511,73r --356 A3§ 7 363.684 4.554,882 3.625,561 6,003,711 443.761 Toc.exp.,Inel.oth. 29,154 94 liK577,797 "=23,2 39,488 6,141 10,771 7:11"r2g2 1,185,97e =31W,VN 747417513 2,165,079 1,920,000 83 131,38 10 175.000 Net from railroad.__ 346,239 195.500 213,819 2,800 32,700 5.569 469 34.519 -385,464 Taxes (less war taxes) 4 271 -65,7:35 -551,303 234 17,654,994 -34,028 UneollectIble revenue_ • ' 53 133.5T -990,473 -674,545 1.968,543 8,627,893 '=62,176 98.685 1.201,198 ,404 ---Trird --4,25f 12 73,800 Net after taxes, &c_ 12 • .12 177TrOf 12 713 ----TS,:eil- 2,484 -7,43,0M T76422,479 -= 8 gn,544 7;14779- 1 7760 282 2,505 173,101 after rents. Net 2,516 282 282 aukee & St Paul 282 Chicago Milw Aver. miles or r'd oper. 31Chicago & Alton -Month of December- -Jan. 1 to Dec. Central of Georgia Dec. 31- 1918 1919 1918 Month of December- -Jan. 1 to Dec. 311919 e 1918. ber- -Jan. 1 to t 1919 t -Month of Decem 1918. 1019. $ 1918 I 1919 S 4 191, t 1919 864 106288,453 98,244,323 EARNINGS. $ e e ,007 17,249,856 8,481,292 9,429, t I ,851 1,684.533 1,559,066 17,330,784 5,567.435 2,817,840 2,004,404 30,391,920 23,663 1,255,630 1,046,022 13,136,534 12,877 487 482,131 6,404.080 Freight revenue 528.977 5,876. 12,449,937 150370,394 134772,945 626.734 6.489,994 625,056 ger revenue _ _ ,334 24,358,661 12,586,422 3,393,874 23,144,811 19,289,468 Passen 20,692,888 2.382,108 2,156,516 25,272 849 3,522,418 1,968,272 38.321,620 452,240 4,287, Tot., incl. other rev. 2,104,875 1,902,040 21,696,510 2,981,908 338,601 3,531,823 2,958,633 40,422,005 1,246,825 413,684 • 151,645 4,368,741 4,131,793 90,582 1,107,107 560,922 7,359,845 5,996,530 Expenses-Maint.way 795,082 143,069 316,521 4,471,773 ,825 292.379 4 427,218 408,329 15,088 MnInt. of equipm't. 20,932 0 6,904,550 5.928,258 69.288.818 61,519 377,07 .655 427,147 29.603 47,163 123669,399 Traffic expensem__ _ 999.783 1.038,270 10.903,751 10.238 13,044,449 12,685,709 138561,704 710.443 9.242,120 7,893,215 848,398 Transportation exp. 23.553,710 20,877,438 MITragir tr,103,545 16.018.177 2,206.177 2,118,584 'Tot.exp.,incl.oth. 1.785.088 1.376.309 19.236.564 1 17:531 17117115 3,681,n2 526,584 6,306,997 6,331,690 439,771 47171717 "T.936 ---54,458 - 738,867 713,001 44,647 525.731 2,459.944 139,420 ad.. " 7/ 224 -M9, Net front railro 62,186 7,892 788,079 2.607 815,722 2.594 80.471 118 92,840 219 Taxes (less war taxes). 6.626 -762.580 5,362,271 4,727,207 12.704 1.060 2.337 977.162 2,965,622 -905.690 Uncollectible revenue. 113,524 --16.645 6t `TX34,844 3.884,421 444.199 1.631.520 3.880.005 10,675 224.609 S Net after taxes, &c_ 10,647 ''..:--61FP1 -ir;r747710 1,20,65''-915,3 10,646 741S1 10,628 475,83g 1,050 r55i,9.54 3,894,068 - 1,050 --132,10 1,050 1.050 191,045 Net after rents 1,918 1,918 1,918 1.918 miles of r'd oper Aver. • Boston & Maineto 11=M1111•Insviemmi mmumosen.....mse• amilameramesom mo.moommwas .I.M.M.=••••••11=0 6 RAILWAY EARNINGS [Vol,. 110. ()Mew Peoria & St Louis ' Colorado & Wyont -Month of December- -Jan. 1 to Dec. 31Denver a -Month of December- -Jan. 1 ing 1919. to Dec. 31- -Month of December-Salt Lake 1918. 1919. 1913. -Jan. 1 to Dec. 311919. 1918. 1919. $ 1913. $ s 1919. 1918. s Freight revenue 1919. 1918. S 127,847 s 124,754 1,321,917 1,763,211 S S S Passenger revenue 1t,013 $ 22,356 $ 24,258 253.771 336,052 25,620 305,127 218,054 265,161 39,002 2,382,874 1,676,857 1,152 924 Tot.,incl. other rev 14,217 24,972 161,302 25,110 159,282 1,736,078 2,147,466 15,582 438,995 302,32; Expenss-Maint.way. 25,311 90,737 915,650 1,123,240 46,329 79,008 461,549 252.835 425.156 61,859 2,911,040 2,055,509 Maint. of equipm't_ 2,771 8,747 114,610 82,358 75,718 124,283 813,963 64,306 784,931 80,606 Traffic expenses 7,341 858,857 4,243 760,922 176,176 5,323 3,510 181,185 35,607 172,448 44,301 68,022 1,192,255 Transportation exp_ 240 133 845,184 128,135 1,810 132,590 1,070,840 1,197,681 2,010 1,376 691 16,210 11,600 47,625 11,455 Tot.exp.,incl.oth. 413,167 496,703 280,699 158,383 304,729 2,495,179 2,541,163 73,888 1,583,502 1,222,468 30,231 64,701 Net from rallroad.. 750,971 855,142 401,802 ii1i3Ti7' -145,447 -759,101 -393,697 226,5003,708,605 2,889,658 Taxes (less war taxes)_ -4,920 • 26,035 3,212 164,6761 268,098 -148,966 .-7617TIT "=T97, 7,400 78,079 90,803 7 Uncollectible revenue_ 4,000 744 -834,040 7 5,179 48,000 3 48,623 30,000 18 9,000 129,000 108,000 Net after taxes, &c_ 9 -122,613 --152,847 --837,198 --484,500 86 3 669 13 • --8,920 20.856 Net after rents 116,679 219,465 -179,053 --173.645 --927,234 -116,768 -152,123 --868,505 --529,254 --942,062 Aver. miles of r'd oper. -10,503 19,485 80,327 247 190,780 1=781747 = 247 247 247 1 77375 . 1511 "-L761747 =081,468 43 42 43 42 255 255 255 Chicago Rock Island & Gulf 255 Colorado & Southorm Syste -Month of December- -Jan. 1 to Dec. 31m Detroit & Mackinac EARNINGS. Colorado & Southern 1919. 1918. -Month of December- -Jan. 1 to Dec. 1919. 1918. -Month of December- -Jan. 1 to 31S Dec. 31S 1919. $ s 1918. Freight revenue 1919. 1919. 1918 1913. • 1919. 371,492 1913. 254,428 3,638,605 3,073,785 S S 828,579 1,160,000 9,701,856 10,114, Passenger revenue $ $ 108,496 70,761 1,101,045 1,072,938 942 98,532 120,288 1,188,803 1,128,352 189,976 134,149 2,510,935 2,019,672 Tot.,incl. other rev. 39,395 509,594 31,357 354,541 5,046,028 4,420,008 1,105,987 401,038 325,346 Expenses-Maint.way 1,368,571 12,976,643 12,947,687 63,775 79,851 776,508 149,056 649,078 159,841 1,687,341 1,557,033 136,424 Maint. of equipm't_ 130,826 2,086,269 1,481,242 76,032 97,483 26,104 880,146 729,283 21,19921,199 258,861 Traffic expenses_ _ _ 268,161 381,033 3,108,389 2,899,035 273,425 6,779 6,106 83,811 56,078 85,772 58,304 Transportation exp_ 464,299 10.340 437,373 6,685 227,727 104,018 163,565 2,202,073 1,712,774 99,141 1,888 625 453,194 32,195 441,084 4,855,574 4,539,092 26,521 Tot.exp.,Incl.oth. 108,657 387,998 58,870 361,105 4.099,715 3,328,097 808,087 687,756 887,087 1.004,896 10,661,265 9,506, Net from railroad..__ _ 897 109,726 121,595 141,245 1,679,625 l488,451 -5,564' 01e --- -7,312 1,091,910 Taxes (less war taxes)_ 218- 899 , -363,675 %,315,378 3,440,789 --50,6 5,928 158,121 70 147,030 18,59g Uncollectible revenue_ 50,628 7,71547,000 Man 567,628 44 664,000 1,087 7,948 465 2,029 10,341 717 92,631 9085 144 Net after taxes, &c_ 4,592 1,055 121,551 --12,580 787,726 1 942,850 1,581 167,553 316,530 1,743,158 2,875,754 -58,619 Net after rents 121,408 8,254 --84,917 --32.790 -3,358 720,991 968,731 193,009' ` 10,475 1738,7- 1 2,803,6 Aver. miles of r'd oper. -. - 2 463 09 -474 :=667475" . 463 474 7,094 .... -90,291 1,099 31-,N6 1,100 1,100 1,100 381 381 381 Chicago Rock Island & Pacif 381 Tort Worth & Denver City ic -Month of December- -Jan. 1 to Dec. 31- -Mont Detroit & Toledo Shore Line h of December- -Jan. 1 to Dec. EARNINGS. 1919. 31- -Month of December- -Jan. 1 to Dec. 1918. 1919. 1918. 1919. 1918. 311919. S 1918. S 1919. $ 1918. $ Freight revenue S 1919. s 1918. 6,854,462 5,585,400 73,514,705 66,112,432 $ s S S 621,697 Passenger revenue s 565,869 7,112,886 5,611,411 S 2,576,027 2,287,586 31,401,389 26,818,293 202,749 196,495 2,421,879 1,960,970 386,185 177,522 3,615,777 1,987,610 Tot.,incl. other rev. 10.151,118 Expenses-Maint.way 2,043,173 8,423,884111,578,655 99,869,556 1,052,636 800,143 11,162,302 7,950,341 1,687,9 203,038 204,228 2,458,3941,999,025 122,494 Maint. of equipm't_ 2,689,116 2,556,3 73 19,014,613 14,750,855 86,451 1,100,557 792,874 61 25,791,768 24,782,394 44,569 17,675 212,919 275,735 Traffic 120,382 2,188,479 1.741,318 149,937 _ 113,906 73,256 1,248,048 1,177,790 9,239 6,658 4,116 213,962 Transportations..- _ 4,902,788 4,111,422 expense exp 1,572 222,435 54,668 53,033 48,144,860 42,643,829 3,155 358 449.012 15,675 297,820 4,068,431 3,144,589 17,153 Tot.exp.,incl.oth. 9,970,237 8.653,167 97,022 79,561 63,746 738,629 ,766 86,098,574 663,119 815,129 530,775 7,749,233 6,036,622 Net from railroad_ 140,984 180,880 -229,282 14,553,888 11:70 0 031 1,298,857 1,097,305 237,507 Taxes (less war taxes)_ 260,368 •3,413;068 •w ,613,719 530,586 . l 457,614 4,545,793 4,302,862 62,053 - 47197 1,159,537 17 7 34,379 Uncollectible revenun_ 901,719 2,196 257,541 1,641 231,886 733 8,464 7,900 9,530 7,157 276 107,995 129,03/ 6 1,507 Net after taxes <c.. -351,347 -687,630 202 , 10,001,631 9,458,589 6 202,881 267,165 3,154,020 1,681,630 Net after rent.. 54,153 -471,034 -703,752 8,218,751 8,211,683 ••• •=24,12 107,039 1,051,534 772,671 - " Aver. miles o doper. • --- 557Fd ..2,844- 580 %,/45,00 " 2, 1 7,595 7,731 18,130 7,595 7,778 ' •-•r)I1 1,07 454 . 1: 460,194 454 454 454 61 61 61 Chicago St Paul Minn & Omaha 61 Trinity & Brazos Valley -Month of December- -Jan. 1 to Dec. 31- -Mont Detroit Toledo & Ironton h of December- -Jan. 1 to Dec. E. ENINGS. 1919. 31- -Month of December- -Jan. 1 to Dec. 1918. 1919. 1918. 1919. 1918. 311919. s 1918. S 1919. $ 1918. S S 1919. Freight revenue s 1918. $ 1,599,068 1.528,776 18,335,828 16,897,812 $ $ S 150.660 3 Passenger revenue 102,014 1,121,669 648,128 567,029 7,589,482 6,238,806 883,181 261,068 287,476 3,389,865 3,40,617 30,577 23,448 268,258 Tot.,incl. other rev. 2,412,131 173,489 16,311 14,115 2,245,994 27.732,018 24,829,981 163,592 145,200 187,660 Expenses-Maint.way 122,125 1,454,328 1,162,730 260,720 334,969 3,838,174 3,056,376 293,058 322,593 3,765,755 - 7 30,258 Maint. of equipm't_ 5,1i 377/1 32,765 504,199 562,972 402,399 5,230,102 5,055,958 343,428 144,210 72,533 1,129,133 52,727 Traffic expenses_ _ _ 44,076 724,676 540,940 30,299 499,066 14,990 51,977 265,361 109,454 1,105,428 1,010,432 244,791 2,136 Transportation exp_ 1,273,282 1,138,852 1,924 22,151 21,737 13,079,739 11,720,793 3,351 2,107 82,225 37,103 68,718 45,415 748,497 Tot.exp.Ancl.oth. 2,207.082 1,960,900 23,316 622,893 194.046 105,886 1,821,636 1,875,433 ,464 20,884,199 173,270 155,677 1,902,270 1.582,735 Net from railroad.._ , 580 _05 205,049 390,603 4,256,551 3,705 140 285,094 4,415,553 3,945;781 friVY -33,551 -447:041 -420,004 Taxes (lass war taxes)_ 111,697 90,866 1,309,002 1,288,404 --68,009 -490.700 -3810d 11,253 Uncollectible revenue_ 1,100 83,409 514 68,574 727 9,041 5,473 5,464 5,400 8 109,351 103,300 112 Net after taxes 157 92,837 193,500 3,101,078 2,651,912 308 170 3,127 --34,652 531,464 --488,736 --120,662 --73,409 Net after rents 717717 ' 175,038 2,677,246 1 --600,546 7 :78E170 7,M7M 130 --34,150 --614,644 -434,4 Aver, miles of r'd oper. 1,749 1,749 04 -131,403 -113,080 -719,588 1,749 1,740 368 368 368 368 454 457 455 Chicago Terre Haute & Southeast' 459 Delaware & Hudson Duluth & Iron Rang -Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. -Month of December- -Jan. 1 to e EARNINGS. 1919. 1918. Dec. 31311919. 1918. 1919. 1918. 1919. 1919. 1918. S S 1919. 1918. . 1918. S $ S Freight revenue S S s 326,039 S 355,537 3,721,64g 4,644,201 2,435,436 2,278, s $ $ .Passenger revenue _ 828 29,483,444 30,104,926 84,488 83,335 7,114,956 8,517,290 22,716 23,595 261,564 255,467 244,333 183,881 3,255,750 2,804,056 25,468 23,755 Tot.,incl. other rev. 271,883 232,475 358,494 386,493 4,094,195 5,000,956 2,880,843 2,601, Expenses-Ma1nt.way 128,418 704 34,749,709 37773 110,151 7,961,606 8,978,929 48,066 85,357 - -9,864 670,521 661,511 149,973 Maint. of equipm't_ 381,841 4,177,864 3,737,523 53,862 59,300 1,050,528 1,163,394 144,176 149,634 1,826,985 1,713.859 884,683 Traffic expenses_ _ _ 867,731 9,980,056 9,536,063 106,729 100,737 1,195,559 1,134,256 2,748 6,127 36,738 46,452 20,031 Transportation exp.. 16,247 721 402 237,029 146.977 152,197 1,603,768 1,813,200 1,508,769 1,335,0 5,810 254,672 8,547 115,741 01 15,606,750 16,556,075 138,526 2,141,177 2,279,848 Tot.exp..incl.oth. 354,658 404,446 4,265,222 4,373, 49 2.707,480 2.722.071 31,671,504 31.353,M 295,720 313,177 _1,571,155 Net from railroad_ _ 3,836 -17,952 '-171,027 627,906 173,36'2 -120,3 7 3,07872a T,T3 Taxes (less war taxes) 21,301 3,M8- 117;4,234,187 14,500 , - ,67; =167,310' -194,026 6 180,801 174,000 195,260 Uncollectible revenue_ 8,186 58,918 6,116 009,260 403,429 849,280 4 514,476 19 1.056 98 51 168 8.643 Net after taxes, Sze_ 1,205 1,667 -17,464 -32,456 -351,848 706 453,807 -22,953 -179,286 2,160,3 175,548 -200,311 2,98:1,815 3,719, Net after rents 01 2,585,122 004 22,264 -32,788' 283,83822,113 -236,146 2,046,122 . Aver. miles of r'd oper. =Trtra; 190,660 7 . 374 (T51,715 7,03TM. 1,446,263 374 374 374 875 292 902 292 875 292 902 292 Cincinnati Indianapolis Duluth Missabe Delaw -Month of December- -Jan. 1 to& West -Mont are Lackawanna & Western -Month of December- & Northern Dec. 31-Jan. 1 to Dec. 31h of December- -Jan. 1 to EARNINGS. 1919. 1918. Dec. 311919. 1018. 1919. 1918. 1919. 1919. 1918. 1918 . 1919. S $ s 1 918 $ s $ S $ Freight revenue s s 2 262,238 s 191,618 2,276,907 2,319,509 4,584,784 4,379, 175,483 166,886 17,950,814 20,214,748 Passenger revenue __ _ 726 51,895,400 50,297,399 55,368 46,301 49,428 44,322 644,485 531,510 986,749 1,019,425 12,380,787 543,566 443,549 Tot..Incl. other rev. 11,204,813 343,338 260,051 268,712 3,204,570 3,137,152 6,307,146 6,009, 242,144 19,004,713 21,545,276 Expenses-MaInt.way 722 71,824,047 611,7411,078 77,126 185,207 71,542 637,805 142,145 1,073,980 1,902,944 512,005 620,534 Maint. of equipm't_ 721,606 7,682,365 115,756 144,115 84,900 1,053,006 143,076 1,671,561 1,722,262 935,906 1,326,544 1,299,064 15,132,814 5,552,541 Traffic expenses_ _ _ 5,548 4,903 13,337,602 2,471 65,239 2,822 72,845, 43,965 26,954 Transportation exp _ 46,665 34,252 495,946 178,272 123,063 1,602,659 1,494,3521 2,925,170 187,088 664,087 163,997 3,860,631 3,788,755 2,610.665 30,661,440 28,613.367 Tot.exp.,incl.oth. • 391,633 296,128 3,589,654 3,151,063 5.099,424 530,626 474,049 7 789 451 7 957 432 4,831,818 56,065,250 42,_____925,684 Net from railroad_ __ _ ..721 0 7 -27,415 7 9 -385,083 -13,9111 1,207,721 1,117,904' : 7 231,9073 sT2t7t762) 7 Taxes (less war taxesl_ -174777',7:1 14,560 10,868 89,089 140,182 17,151 123,9171 Uncollectible revenue.. 896,024 1,339,764 359,946 3,449,429 2,941,212 8 13 87 198 2 13 21,955 Net after taxes, &c 19.273 -368,678 -62,864 -38,283 -525,353 -137,8 28 1,207,522 -249,056 11,309,221 i 2,248,0 817,955 12,287,411 15,853,006 Net after rents - 772,181 -66,617'•-7 73 7 = --5 -97,5l8 -1 5, -67. -- 1/ 1,248,382 -.5,06s -2,2,a8 11,323,7Li 12,4(35,247 4 Aver. miles of r'd oper. 794,401 11,947,363 , mnr,m 321 321 321 407 321 956 955 410 955 410 055 ; 411 Cincinnati New On & Texas uluthSouth Shore Denver & Rio Grande -Month of December- -Jan. 1 to Dec. Pac tic 31- -Month of December- -Jan. 1 to -Montii of December- -Jan. Listo Atlan31EARNINGS. 1 1919 1918 Dec. 31Dec. 1919 1918 1919. 1919. 1918. 1918 1919. 1010 $ 2 s 1918 1918 It 4 $ Freight revenue s 2 972,354 1,008,348 11,871,983 10,347, • 2,400, 2 $ $ 638 $ 849 2,376,678 24,099,451 21,634 Passenger revenue 308,153 466,505 3,598,768 4,158,649 ,502 218,040 231,014 3,201,976 3,506, 571,746 342,605 6,922,473 4,922, Tot., incl. other rev. 1,383,521 1,554,886 16,313, 033 110,820 279 84,835 1.235.685 1,012.2 685 Expenses-Maint.way 74 340,20521 108,267 2,610,341 15,478,641 3,165,636 2,869,532 33,016,256 31,352,213 361,188 1,394,508 333,257 4,758,601 295,960 Maint. of equipm't_ 508,039 4,856,556 4,635,700 295.380 •• 529,553 5,188,286 4,662,349 4,824,186 54,134 95,134 721,385 Traffic expenses 753,085 7,923,545 8,040,802 925,068 24,122 " 9,611 091,642 275.589 94,885 71,110 254,71+ 22,392 Transportation exp _ 874,679 14,175 734,230 241,397 552,942 6.022,979 5,940,0541 1,152,620 748,105 264,344 5,311 4,286 1,086.499 11,295,476 65,517 Tot.exp..incl.oth. 1,440,268 1,229.769 15,499.094 77,020 246,248 185,212 2,368.608 12,604,040 2,299,764 2.455,559 25,656,971 11,260,009 2,288,096 Net from railroad 25.293,475 -56,747 ----325,117 417,092 ' 368,532 4.405,567 814,590 2.874,60r 865,881 Taxes (less war taxes)_ 413,072 7,359,28A "7,b7rffl • -553r 4,263,026 238,095238,095 180,519 652,309 500,019 a -35,274 353.033" 150,000 Uncollectible revenue.. 62.000 1,380,000 1,197,000 106 • 442 71177165 6.685 46,241 1,208 812 5,652 105 269,244 11" 5,615 Net after taxes, &c_ -294,900 223,923 3,212 244.154 40 165.595 2,373,373 7 715,068 295 351,867 5.973,669 4,858,526 33 Net after rents =14- 47 --7 0 --102,186 --40,034 128875-26 519,243 3,0T7746 83.493 - - -6) 781;141 71572 Aver. miles of r'd over. I 366,709 6, ( O33,175 TT k337 337 -105,679 337 337 40,206 -11 2,585 7sr,Nrg 2,651 2,593 2,611 598 601 599 8 1 EARNINGS. --=urTer ic011,666 RAILWAY EARNINGS FEB., 1920.] Great Northern rsville Johnstow Fonda of December-n & GloveDec. 31- -Month of December- -Jan. 1 to Duluth Winnipeg & 1Pacific31-; -Jan. 1 to 1919. Month 19j8. to Dec. 1919. -Jan. -Month of December19 lb. I 1919. 1918. 1919. EARNINGS. I $ $ S $ 119,827 1,546,567 1,400,221 125,336 Freight revenue 266,469 311,028 23,593 32,316 Passenger revenue.._ _ 147,986 1,913.689 1,712,066 160,936 Tot.,incl. other rev. 258,924 384,414 23,493 27,994 Expenses-Maint.way 287,127 381,093 23,865 41,130 ml. Maint. of equip 33,633 30,701 2,483 2,500 Traffic expenses _ _ _ 828,142 1 853,92 72,172 89,347 Transportation exp.. 1,756,698' 1,485.403 171469 .127,825 Tot.exp.,incl.oth. 226,663 6 -10,232 -----WTii.;1 757767 Net from railroad_ 96,291 102,22 9,270 7,992 war taxes). 7 Taxes (less 2 1 Uncollectible revenue.. 1:30,364 54,760 ,_-18 226 _10 880' Net after taxes, &c_ 39747 217,639 UMW"7 40,513 -178 Net after rents 178 178 178 Aver. miles of r'd oper. ••••••••=11 EARNINGS. 1919. 1918. 1919. 1918. 2 2 2 354,233 405,848 29,608 714,898 796,040 64.584 99,156 1,251,651 1,123,133 117,249 143,976 11,384 .97,337 106,560 8,676 7,444 7,422 598 413,119 3 483,78 58,741 696,888 803,399 66,091 4717717 426,24g 53,065n.-55,522 64,583 3,222 Dec. 3111118. 37,001 35,931 88 7,718,127 77,351.472 76.9f7.445 1,364,762 19,623,859 15,672.419 5M 9,848,200 106533,738 TOWS6 1,786,867 18,150,393 17,391.119 3.864,470 20.194,704 20,754.684 778.988 678,087 35,265 4.347,914 44,457.165 43,002.265 ,017 AT:575COC 10,240,534 86,728 -302,334 19,805,720 16,271.49f 51,236 7,099,644 5,626.103 1,143,390 6,165 9.553 362 1,707 895 -443,933 12,696,523 10.639,22g 370,725 -864, 383,667 29,842 ,790 321,182 -843,602 -474,891 12,459,618 11,978 379,401 26,615 8.258 8,218 8,257 8,176 88 (See also on page 14) 112,24 35.230 155,821 29,723 24,581 4,085 50,228 117,084 38,736 2,410 5 36,320 33,672 253 302,486 351,902 30.011 121,659 1,646,460 1,296,857 200,901 303,716 13,718 341,131 374,004 29,400 37,286 45,194 3,479 466,656 577,721 46,113 1,387,226 1,120.474 99,436 ,... 17082 259,233 22,222 53,815 57,410 2,815 411 1.364 317 8 ' 122,154 200,45 19,089 777,772 186,73/ 25747:4 253 253 253 35,730 72,208 112,064 12.644 8,989 598 41,480 69,379 42,685 5,683 5,579,431 1,580,458 8,089,469 1,323,305 1,994,596 55,160 4.128,647 7,802,287 Green Bay & Western Fort Smith & Western to ecting East St Louis Conn1 to Dec. 31-1 -Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 ,„Dec. 31.1918. 1919. 1918. 1919. ber- -Jan. 1918. Month of Decem 1919. 1918. s $ 1919. 1918. $ 1919. $ 1918. 1919. 781.392 932,376 $ 67,702 $ 55,414 897,392 $ 997 2 84,451 1,195, 166,149 1 1 Freight revenue Passenger revenue _ _ _ Tot.,incl. other rev. Expenses--Maint.way Maint. of equipm't_ Traffic expenses_ _ _ Transportation exp_ Tot.exp.,Inci.oth. Net from railroad_ __ _ Taxes (less war taxes)_ Uncollectible revenue_ Not after taxes, &c. Net after rents Aver. miles of r'd oper. 80,346 1,229,438 1,118,382 130,393 142,381 178,758 6,203 21,615 247,562 233,128 13,430 Cr1,888 3,502' 3,268 180 273 874.684 906,179 80,991 111,870 135,240 • 103,370 1,361,220 1.316,629 24 7.77 -131781' 197,147, -4,847' -21 26,268 30,408 2,000 2,544 2 -162,190 -223,418 -7,391 -25,024 7 -42,084 .. -328,254' ="38T5 3 3 3 3 3 19,347 83,094 16,570 31,381 1,017 45,459 . 96,218 -13,123 4,360 -17,483 18,246 252 203,06 11,570 78,755 1.213,613 1,019.056 178,718 251,517 15,827 248.240 311,770 17,013 12,193 12,961 508 422,247 510,703 40,657 884,105 73,011 1,109,590 134.956 104,022 5,743 55,548 52,711 5,570 173 1,772 253 . 7_,_ 9 400 51,310 1 45,844 ----- 17,00 253 252 Gulf & Ship Island Wharf h of December- -Jan. 1 to Dec. 31Elgin Joliet & Eastern 31- -Month ofGalveston 1918. December- -Jan. 1 to Dec. 31- -Mont 1919. 1918. 15,19. 1918. Month of December -Jan. 1 to Dec. 1919. S S 1918. 1919. s 1918. 1919. 1918. 2 1919. 2 749 1,737,688 $ EARNINGS. 2 ,548 1,223,699 1,705,669 16,095,220 17.708 127 Freight revenue 102 5 1 Passenger revenue _ 111,714 §g5 . --)37,562 19,310,380 20,685,048 =37 11,325 Tot.,Incl. other rev. 1,995,302"2T38,881 121,932 1,865,497 1,772,775 110,180 1.761 es-Maint.way 721 Expens 421,612 4,967,559 5,078,665 404,243 133 Maint. of equipm't_ 182 80,903 80,817 6,380 5,551 28,912 Traffic expenses_ _ _ 39,463 016 762,298 7,532,884 7.555, 683,272 Transportation exp_ 59,332 97.440 14,785,276 03 14,752,622 1 Tot.exp.,Incl.oth. 1,228,951 . .:342,5 52,382 695,051 74,557,851 5,899,77 766,353 5,128 Net from railroad _ _ 18,023 599,056 640,087 40,556 48,067 taxes). Taxes (less war 2 888 006 Uncollectible revenue_ 47,254 18,469 654,503 3,916,881 5.300,712 716,477 Net after taxes, &c_ 47171 • 24,9304;77.7:075 643,432 17271747 604,628 13 Net after rents 13 807 829 809 832 Aver. miles of r'd oper. 988,814 1,049,837 142,698 355,245 18,892 10,993 3,609 350 331,943 343,314 W6' 871,913 -362,14g 116,901 138,428 155,523 -38,62/ -32,167 13 181,665 52,239 249,189 55,988 57.589 5,371 103,276 232,451 16,737 24,044 175 -7,482 223,720 -=7, 226.40r - -Pnrs 307 13 112.438 52,743 182,479 54.133 37,637 4,734 95,756 201,821 -19,341 21,924 16 -41,282 -38,178 307 1,758. 605,471 552,943 2,496,260 2,548,059 524,447 LI 650,073 455,786 t ,64744,985 ''(50 888.676 1,043349 2,464,709 2,033,132 514,92f 31,551 136,088 155,115 520 1,056 378.318 -124,620 363,664 -86,427 307 307 Gulf Mobile & Northern Georgia -Month of December- -Jan. 1 to Dec. 31rsis. nee. -Month of December- -Jan. 1 to Dec. 31118. 1018. 1919. 1918. 1519. 1918. 1111. $ EARNINGS. $ 159,927 2,112,676 1,867,949 $, 181,311 4,196,619 426,398 376,183 4,129,028 567,466 314,780 48,365 61,106 977,886 9,983,205 11,785,974 876,775 222,877 1,815,544 2,085,482 Freight revenue 168.527 156,310 2,196,838 2,334,457 219,352 2,823,506 2.418,292 254,163 200,734 Passenger reenue__ _ 431.541 637,528 6,389,987 6,716,502 637,501 ,467 521,631 53,095 78,087 ,390 14,790 1,07,05 513,568 676,588 557,448 61,078 Tot.,incl. other rev. 1,051,049 - -132,173 12,761 442 1,416,319 686,546 61,072 62,711 68.839 2,290, 232,510 56,227 85,926 1,086,382 U 897,299 Expenses-Maint.way 71,060 110,651 6,050 666 2,471,400 7,048 220,877 2,528. 90,093 224,243 102,172 999,167 6,303 Maint. of equipm't.. 6 1,298,091 8 12,485 109,41 155,62 121,704 120,726 9,521 12,288 296,505 2,989,572''2,689,287 Traffic expenses_ _ _ 273,863 344.388 3,542,638 4,165,189 240,705 2,803,550 2,154,807 285,361 315,595 ,M Transportation exp. 479,795465,753 5,064,006 4,358 263,484 19,955 720,441 8,886,442 7:11174579 7 2 " 822,777 - -1,197 .- -21,35 Tot.exp.,incl.oth 135.745 .. M774 1,325,981 2,357.736 149.546 41,336 14,510 8461,447 . 25,169 50I,831 75,062 228,272 d.._ _ _ 77,212 as 5,950 679 Net from railroa 7 10,762 16 724,181 1,210.901 5 258,88 173 98,007 94 8 Taxes (less war taxes)_ 32 777 127,703 Cr287 315 -56,383 -35,871 -130,270 Uncollectible revenue_ 165,795 1,248,674 2,282,494 31,041 989 4,950,546 70781 243,233 3,149, 129,949 7 8 -2171,- 16 -33,395 -108,675 Net after taxes, &c.. 407 438 424 4,77 175,151 -1,314,328' 2,246,56g- 487 247,33g 2,995,609 Ti 328 117,438 328 328 Net after rents 328 1,028 1,027 1,027 1,027 of r'd oper. Aver. miles Hocking Valley da Georgia & Flori Month of December- -Jan. 1 to Dec. 31Erie System 191s. 1 Month of December- -Jan. 1 to Dec. 31199. • 1918. art. 1 . 19 9. 1918. 1919. S 1918. 1919. 2 of December- -Jan. 1 to Dec. 31$ Month $ s EARNINGS. S 558,667 9,703,937 11,343,613 4 1918. 706,99 1919. 1918. 752,195 1919. 679,074 61,082 58, 97,177 1,228,282 1,038,843 111,740 213,770 6,172,739 6,224,504 69,818,949 67,683,701 2 257,13 27,970 Freight revenue 27,238 6KM 11,654,516 13,155,861 1,049,712 1,085,382 13,510,783 11,689,242 856,710 IPassenger revenue 998,345 1,021,743 90,170 90,367 124,259 1,329,867 1,490,446 ,507 87,855,460 104,102 272.478 407,893 Tot.,incl. other rev. 8,120,383 8,176,460 91,797,021 10,775,540 21,844 47.427 296,291 3,935,247 3,718,009 4 401,27 577,402 10,503 169,710 697,799 244.858 83,422 14,862 Expenses-Maint.way 72,020 25,326 5.270 6,596 33,163 2,372,722 2,647,023 28,663,326 28,462,304 23,538 Maint. of equIpml1,982 2,608 845,098 348,799 4.109,051 4,912.856 756,703 394,033 51,717 518,178 70,415 643,032 Traffic expenses 51,645 63,371 ,329 ,178 45,030 795,113 9,692,604 10,448,792 • 926,710 Transportation exp. 4,348,371 4,843,084 44,952 95,703 1,386,833 1,049,361 144,191 ,836 87,663,773 -" fr -- 9T,g79' 1,961,912 2,707,068 -TiO Tot.exp.,incl.oth. 7,750,952 8,322,979 87,815 .--- --'-27 634,842 -6-s11 -388,487'-:- 52,787 614,152 '6" Cr65,617 3,91.11 95,034 57,798 114 Net from railroad.._ _ n71116,431 =RCM 6,133 4,164 11,579 121,969 3,393,005 2,331,677 579 320,433 780 22 Taxes (less war taxes) 7,236 27137274. 5 23,355 1,467 486 1,343,695 -161, 3,315 UncollectIble revenue.. 89 -447_.067 -80,985 -1(15,035 =11,6 565,309 -2.147,226 -65,403 2,567.480 45,682 -269,955 Net after taxes, &c_ 148 -96,961 -134,088 1,440,182 349 - -27g =--44,001 TLITS7 . 350 58'" -=1 349 203- . --7 350 348 244,739 =20,66g- .913 =1 679,60 -68,4 348 Not after rents 348 348 1,989 1,989 1,989 1,989 Aver. miles of r'd oper. Illinois Central Grand Trunk Lirues in New Eng. -Month of December- -Jan. 1 to Dec. 31Chicago & Erie 1918. Atlantic & St Lawrence ER 1919. 1918. 1919. Month of December -Jan. 1 to Dec. 31- -Month of December -Jan. 1 to Dec. 31s S s 1918. 191e. S 1918. 1918. 1919. 1919. EARNINGS. 1918. 75.831,458 79,271.487 1919. $ S 2 861 6,747,875 6,334,742 24,300,756 20,543,263 2 470,757 2,645,294 2,017, 9 2.207,365 2,086.242 414,596 466 9,116,202 002,330 8,387, 307,88 722,714 461,408 Freight revenue 26.166 32.946 953,506 0 119,753 1,104.934 73,306 374 9,130,043 107886,835 107E- 61 Passenger revenue_ _ 563.511 17634787 2,667,606 9,752, 643 1,631,885 19,595,656 16,301.104 497,176 572,117 1,774, 896,545 1,137,352 10,401,39g 11,039.823 Tot.. Incl. other rev 1,099,430 95,096 ,945 26,615,299 Cr6,028 237,310 1,123,059 1,836,862 571,673 2,722,119 3,321,638 29,897 71,057 int.way 658,291 Expenses-NIa 855,452 39,626 947,428 154,20 67,918 93,714 167,859 1,719,312 1,938,442 33,521 133,803 Nlaint. of equipm't_ 34,549 2,190 3,140 161,660 474 4.056,426 45,384,833 43,214,596 126,283 12,141 9,530 Traffic expenses_ _ _ 274,972 1,072.447 1.781,591 4,806, 113,519 565,523 5.318,198 5,509,710 _ 754 98,911,079 90,184,410 711 9,366, 558,552 Transportation exp 79.r 4.W 453,689 - a 3,157,382 9,610, 312,703 1 4an / .. 5 -2/16''8,075,755 17,135,850 : 803,916 1,011,842 8.655.726 - -,'7-111 ;6731 Tot.exp.,Inci.oth. 117,771: =773741 -489,75 184,472.346,921 5,204,667 5,036,609 546,487 1,745,671 M08:705 -183,640 92,629 " T21UT railroad _ 2 152,39 Net from 14,168 38.164 33,848 10,892 735 328,517 5,478 420,082 25 47,117 Cr29,150 Taxes(la s war taxes) 45 811 710 302 -584.368 3.737,239 12,085.072 Uncollectible revenue. 71.657 -827.634 -673,440 -410, 173,580 970,137 4,161,504' 12,907,46g 154,660 1.324.777 686 44,801 683 1- - 7071 Net after taxes, &c_ 8 a 4,781 "".- -777.67 -1,105.677 =-07 123,407 .. -- - 72 4,793 4,782 189,069 74"8r,261 4,799 57,310 172 172 7g77sff 1. Net after rents 172 172 269 269 269 269 Aver, miles of r'd ()per. Great International & -Jan. 1 Northern ern Grand Trunk West to Dec. 31Month of DecemberFlorida &met Coast includes Det Gr Hay & Milwaukee bac -1919. 1918. 1919, 1918. Junction" -Month of December- -Jan. 1 to Dec. 31- (Now 2 Chicago Det & Can Gm Trunk to Dec. 31$ A 1918. 1919. 1918. 1919. EARNINGS. -Month of December- -Jan. 1 14,820,434 • 800,897 5 10,061,736 8,859,714 757,27 605 16,823,695 291,577 3,413,972 3,597,255 319,135 451,273 5,986,109 5,062,713 1,406,126 1,640, 1 3,635,949 2,829,554 607,449 Freight revenue 347,00 323.938 282,646 2,997.315 2.578,389 1,178,349 14,410,300 13,476,888 292,086 Passenger revenue_ 2,211,029 22,342,065 19,376,032 1,216,735 274,237 3,314,863 2,103,699 305,373 821,685 10,121,222 8,841,222 1,933,576 996,519 Tot., Incl. oaler rev. 234,308 2.777,832 2,578.796 191,468 625 341,734 3,859,166 3,083,452 342,961 121,002 1,690,238 1,176, 155,069 -Main t.way Expenses 128,776 4,024,821 4,542,156 159,153 649,087 160,018 9,323 13,991 170,091 1,842,366 1,540,285 277.385 0 't_ 0 163,05 201,13 Maint. of equIpm 9,247 16,505 109,506 534,843 7,263,431 5,858,605 97,056 693,629 6,722 9,639 Traffic expenses.... 801,170 10,336,867 9,271,215 1.087.823 381,442 4,310.713 3,798,948 31 15,189,587 11.643,003 347,509 Transportation exp. 71 18,029,404 17,240,052 1,409,868 1.202.8 703.670 8.260,615 6,742.703 2.022,039 1,228,7 -214W/ -770.2'86' 1,833,84 700,490 Tot.exp.,Incl.oth. . 982,2e 4,30.67ra 2,135,956 -193,132 390,000 319,383 514 60,000 606 .. 27098, 1,860, 16,002 601,681 633,634 Net from railroad....18,748 2,042 62,665 1,282 2 420,396 65 440,279 23,532 4,111 21.490 4,925 Taxes (less war taxes).. 2 1,099 1,879 2,674 .952 1,441,842 18 84 -1,099 40 'One IlectIble revenue_ 6 3.674,106 1.530,187 -209,200 -84,4 963,50 94,463 1,417.652 1,676,243 -152,227 274.497 Net after taxes, &c_ $21 -65,973 -1,413, 44 1,372,286 . 188,791 -. 070,626 ` 2,236,991 -1,159 1,159 1,159 1,159 102,883 1,430,535 I.Mil36 -444,684 " 1,015 240,157 1,001 Not after rents 1,002 Ion 764 764 764 764 Aver. miles of r'd oper. El Paso & Southwestern 311 to Dec. -Month of December- -Jan. 1919. 1918. '419. -rermr -- 67gn -L--- - rm. =arm- 8 RAILWAY EARNINGS Kansas City Mexico & ()dealt RR -Month of December- [VoL. 110. Lehigh Valley -Jan. 1 to Dec. 31- -Month of Decemb er- -Jan. 1 to Dec. 311919. 1918. 1919. 1918. 1919. 1918. 1919. $ $ 1918. $ Freight revenue $ $ $ 124,006 s 53,890 1,231,698 1,040,234 4,408,919 $ Passenger revenue_ _ _ 4,844,685 52,096,567 53,921,165 18,054 10,960 213,662 155,393 536,963 Tot.,incl. other rev. 512,024 6,827,896 6,234,935 149,358 69,824 1,511,840 1,259,674 5,443,231 Expenses-Maint.way 5,894,043 64,528,890 65,586,769 43,260 32,396 527,646 Maint. of equipm't_ 259,367 729,254 807,939 9,822,781 37,941 39,616 518,192 540,349 1,702,500 1,716,846 18,086,250 7,818,030 Traffic _ 2,979 17,004,250 1,333 23,835 Transportation exp _ 37,866 expenses_43,918 46,302 480,733 106,891 654,981 60,350 842,464 680.356 2,740,204 2,863,851 29,301,332 Tot.exp..incloth. • 30,523,763 198,458 141,569 2,005,821 1,604,682 5,362,263 5,541.788 59,202,301 57,346,026 Net from railroad_ _ =WOO' -7 - 70. -.170 =71 = 7 -gr. -345.00/ 49 Taxes (less war taxes)_ 8070e 352,254 67326,589 *-8724 25,325 -. 07/43 4,286 94,126 Uncollectible revenue_ 73,156 68,386 98,061 1,822,986 1,874,232 182 1 63 260 Net after taxes, &c_ 2,063 2,124 --74.425 --76,031 --588,289 --418.165 12,517 253,932 3,501,538 6,364,382 Net after rents -Ti --553,137 --334,318Aver. miles of r'd oper. - 2, 06 --65,16 Wag 3$0 ,17 3,60.10 6,683,31 272 18 272 272 272 1,435 1,436 1,435 1,441 EARNINGS. Kans City Mex & Or Ry of Texas Midland Valley -Month of December- -Jan. 1 to Dec. 311919. 1918. 1919. 1918. $ $ s S 232,162 237,518 2,782,289 2,642,574 103,398 75,586 1,023,001 725,267 349,341 323,539 3,952,821 -W347r07 101,665 68,457 920,897 567,708 69,824 56,057 741,161 594,383 4,627 1,437 44,904 25,828 175,239 136,853 1,539,306 1,298,175 367,146 280,807 3,413,645 2,622,291 --17,804 42,731 5,39,17g 882,48g 11,327 6,179 86,960 84,777 717 62 2,156 241 -29,850 36,500 . 450,058 797,469 -31,440 '30,382 338,937 ' 750,50 388 387 388 387 Los Angeles & Salt Lake -Month of December- -Jan. 1 to Dec. 31Mineral Range Month of December- -Jan. 1 to Dec. 311919. 1918. Month of December- -Jan. 1 to Dec. 311919. 1918. 1919. 1918. * 1919. 1918. $ 1919. Freight revenue s 1918. $ 1919. $ 1918. 120,047 E 60,891 1,037,913 $ $ 976,445 Passenger revenue_ _ _ $ 933,011 $ 884,270 11,777,100 9,847,716 $ 31,469 10,935 216,498 53,723 147,556 91,280 458,549 724,214 1,085,325 291.865 4,380,129 3,617.523 Tot..incl. other rev. 166,143 347 77,131 1,322,209 1,188,656 1,505,384 1,537 4,489 Expenses-Maint.way 26,339 1,269,544 17,209,931 14,517,377 32,476 41,663 408,108 48,703 289,244 Maint. of equipm't_ 95,793 148,555 753,226 1,143,534 209,032 2,312,034 1,883,663 49,792 42,699 538,902 29,111 463,240 Traffic expenses_ _ _ 17,911 304,750 165,420 308,973 3,468,768 3,052,669 199,694 1,336 1,248 23,438 27,566 30,002 Transportation exp_ 21,499 19,346 256,233 19,079 268,367 218,952 107,751 270,805 62,658 858,838 390 666.265 286 558.316 4,785 479.818 5.852,953 5,069,072 Tot.exp.,incl.oth. 4,626 200,363 31,203 156,168 1,926,689 1,513,657 1,105,460 54,269 406,357 615,455 1,080,353 12,685.314 10,871.687 Net from railroad_ _ _ _ 89,325 -79,036 -61:T:C48o -325,066 95,057 844,621 1,101,261 Taxes (less war taxes)_ 399,923 189,191 4,52T6-11 3,645,696 . 20,053 9,031 ""--40,622 74,959 64,031 Uncollectible revenue_ 735 -91,365 .----. 58,929 40,939 42727§ 798,788 75 717,989 188 9,060 698 1,131 175 48,060 279 ' 40,000 Net after taxes_ __ _ 2,306 1,642 --54,350 -88,068 -679.628 --389,730 340,819 147.972 3,723,521 2,926,058 --49,6 Net after rents -55781ff --43T --693,4 117' --361,530 83 -2,395 --139,456 - -7 2,272 Aver. miles of r'd oper. 337,006 127,271 - 76736- ' 2,746,63 3732 465 465 -42,0V 465 -1,963 -16 - "'''------465 6A1,168 1,168 ,M 1.168 1,167 101 100 101 Kansas City Southern System 100 Louisiana & Arkansas Kansas City Southern • Minneapolis & St Louis EARNINGS. Month of December- -Jan. 1 to Dec. 31-Month of December- -Jan. 1 to Dec. -Month of December- -Jan. 1 to Dec. 311919. 1918. 311919. 1919. 1918. 1918. 19,19 1919. Freight revenue 1918. 1918. $ 1919, $ 1918. $ 989,149 11,432,962 11,858,056 $ S Passenger revenue _ _ _ 1,097,913 $I 213,377 $ 96,560 1,638,904 1,216,629 s 262,872 241,959 2,502,509 2,241,142 811,317 816.641 10,002,843 9,326,192 61,154 43,923 Tot.,incl. other rev. 503,371 382,345 227,809 198,122 2,734,723 2,049,093 Expenses-Maint.way 1,468,744 1,387,027 15,111,997 15,250,406 282,578 146,071 2,220,760 1,671,651 1,101,7 170,853 275,835 2,297,667 1,486,143 24 1,067,624 13,384,871 12,028,300 Maint. of equipm't_ 77,637 49,622 327,472 662,496 373,696 396,328 3,347,836 3,014,974 191,180 160,203 2,347,588 2,128,723 Traffic expenses_ _ _ 31,896 27,089 478,544 39,148 309,652 6,564 441,869 216,580 211,531 271,695 3,462,603 2,989,574 Transportation exp. 3,447 3,110 39,206 458,283 37,510 615,803 5.829,505 6,035,899 11,069 7,952 96,437 129,848 70,521 Tot.exp.,incl.oth. 1,034,088 150,890 931,745 673,682 776,270 1,291,779 12,145.954 11,525,000 586,932 6,716,286 5,792.294 218,344 155,677 2,190,172 1,460,451 1,449,9 Net from railroad_ _ _ _ 434,66ff 87 1,051,738 13,004,520 11,371,096 95,248 2,966,0Z 3,725,461 Taxes (less war taxes)_ 64,238 -0,606-110787 61,255 211,199 67,326 767,391 694,447 ITncollectible revenue. 13,165 386,350 23,932 657,201 162,564 316 143,605 59 5,695 50,959 2,291 74,869 2 604,574 62 Net after taxes, &c.. 648,298 291 216 373,083 39 27,862 2,192,955 3,028,667 102 4,550 3,732 51,065 -33,600 -122,268 Net after rents 67,377 -399,260 -59,085 26,8T7 12,397 1,917,37N' -228,773 2,782,9N " 53,6V -33,66/ =-T6M)1 Aver. miles of r'd oper. 5,173 . . 774 -5" 77,V3V =428,9RO5' ---41,O7g . -774 774 774 -827,012 302 302 2 -3771a 3 302 302 1,646 . 1,646 Texarkana & Port Smith 1,646 1,646 Louisiana Railway & Na, Co -Month of December- -Jan. 1 to Dec. 31Minn St Paul & Sault Ste Marie Month of December- -Jan. 1 to Dec. EARNINGS. 1919. Ur. 31- Month of December- -Jan. 1 to Dec. liik19. 19e. 19•19 1918. 31$ 1919. 1918. 1919. Freight revenue 1918. $ 1919. $ 1918. 43,597 $ 100,001 1,143,567 s S 998,448 Passenger revenue _ _ _ * 253,666 $ 201,549 2,909,374 2,170,751 2,704,9 $ 25,032 19,869 220,843 190,566 82 3,148,842 31,621,077 27,097,097 49,701 57.880 Tot.,incl. other rev. 456,034 730,693 81,036 695,991 127,060 1,495,013 1,281,121 527,840 8,287,986 6,255,850 Expenses-Maint.way 321,837 274,390 3,542,033 3.078,058 3,651,6 25,110 1,064 229,582 141,593 01 3,905,178 42,661,595 35,995,292 Maint. of equipm't_ 72,474 46,747 20,748 969,765 12,462 500.250 260,366 543,286 156,638 325,308 6,347,095 6,256,934 Traffic expenses_ _ _ 48,636 48,329 663,491 1,168 518,073 Cr478 12,964 602,520 18,764 634,900 8,468,015 7,292,081 Transportation exp. 5,771 3,481 55,766 48,419 37,750 52,032 648.366 32.778 470,347 21,329 114,088 304,098 160.325 1.514.049 1.422.871 1.840,1 359,329 Tot.exp.,incl.oth. 105,608 81 1,570,014 18,156,569 15,821.328 54,745 1,183,132 838,558 250.436 266,174 3.292.176 2,585.974 3,114,134 Net from railroad_ _ _ -24,572" 72731.5' -2,558,829 34,406,784 29,690,607 311,580 442,543 Taxes (less war taxes)_ 71,400' 8,216 6,538 249,857 492,084 2,939 79,047 537,46Y 1,346,348 8,254,810 •0,8ö4,65i 92,852 Uncollectible revenue_ 3,761 16,383 169.761 22 170,383 121 209,911 7 193,338 2,472,470 2,185,259 2 Net after taxes, &c.. 202 245 31,132 78 69,375 37 232,711 '349,703 2,298 332 67.637 --8.I69 Net after rents 79.892 321.455 -: -7471 327,476 1,152,972 5,780,041 4,119,0 0 71,269 252,32T 310,034 Aver. miles of r'd oper. 92 35,595 23,800 67,242 87 200,282 . ----3'r 1,066.317 81 1 87 81 ."Mg.454'-- - -23 72/ 349 356 g,0 , 349 356 4,243 4,243 4,243 Kansas City Terminal 4,239 Louisville & Nashville -Month of December- -Jan. 1 to Dec. 31Mississippi Central Month of December- -Jan. 1 to Dec. 31EARNINGS. 1919. 1918. 1919. Month of December- -Jan. 1 to Dec. 1918 1919 1918. 1919. 311918 1919. s Freight revenue •1918. 1919. $' It 1918. s s 6,842,032 6,620,429 76,828,467 71,479, Passenger revenue_ _ _ $ $ s 723 48,624 34,126 2,149,151 2,540,032 24.842.673 24,481,069 630,597 744,597 Tot.,incl. other rev 119,712 25.496 108,877 1,388,293 1,247,829 9,645,628 42,739 332,358 Expenses-Maint.wa 445,797 9,644,401 107514, 16,750 22,335 236,728 77,374 174,945 80,464 1,011,409 1,246,990 Maint. of equipm't_ 758,439 1,605,578 16,098,965 101392,792 488 21,787 35,100 297,827 41,555 284,4061 2,161,296 2,020,072 27,828,958 13,126,522 23,637 Traffic expenses.. _ 313,783 184,085 23,341,987 37,093 22,126 Transportation exp. 145,080 381,414 110,474 1,454,563 306,932 56,123 56.081 598.505 1,785 635,029 4,245,430 3,899,850 44,455.752 1,366,059 1,339 15,630 17,448 Tot.exp.,incl.oth. 39,623,246 99,768 48,880 116,935 1,168,602 1,113,030 7,528,000 48,706 435,835 399,615 7,836.222 92,544,137 79,556,971 Net from railroad_ _ _ _ I 19,944 136.334 - , 55' 98,2351,218,827 • 967,195 219,600 Taxes (less war taxes). 2.117,62 1,808,178 14,976,827 21, 35,820 29,871 -5 14,798 307,987 212,4741 Uncollectible revenue_ 181,650 276,851 3,008,063 3,322,221 -58,950 270,794 21 98 962 2,1821 2,973 380 33,512 808 Net after taxes, &c_ 8,563 44,512 12,931 -9,447 -22,857 -88,395 114 9 79,8571 1,935.597 1.530,518 11,954,200 419 17 Net afterrents 18,500,668 -58,112 -20,754 206,147 1 7 ,584 -,387,556 2,1 4,4241 -7 2 -241,350 27695Aver. miles of r'd over. -( , 235,264 -931 1,256,443 11,791,845 T367,83 27 24 -54,921 -17,T1e-1If: 6 26 24 5,013 --7 5,013 -- -. -ThoS,t211 6 5.013 5,037 164 164 Lehigh & Hudson River 164 164 Louisville Flanders= & St Louis -Month of December- -Jan. 1 to Dec. Missouri & North Arkansas 31- -Month of December- -Jan. 1 to EARNINGS. 1919. 1918. Dec. 31- -Month of December1919. 1918 1919 -Jan. 1 to Dec. 311918 I 1919. 1918. $ s 1919. $ Freight revenue $ 1918. s 1919. $ 201,080 1918. 361,289 2,545,341 2,333,219 S $ Passenger revenue_ $ 176,870 200,424 2,004,761 2,001,210 $ $ 3.898 4,132 49,259 94,682 45.620 50,283 63,174 983,417 51,375 Tot.,incl. other rev. 773,752 855,841 730,903 213,098 42,249 372,251 2,681,526 2,476.850 33.566 504,413 253,218 Expenses-Maint.way 442,478 262,761 2,914,103 2,858,463 • 25,187 31,287 323,186 148,558 334.563 94,914 1,587,826 1,404,131 45,841 Maint. of equipm't.. Cr26,021 57,346 584,687 422,567 45,248 503,320 67,093 446,069 62,290 32,531 Traffic expenses _ _ _ 712,470 40,694 402,589 391,486 2,732 414,043 1,297 20.053 46,742 19.127 37,317 5,798 Transportation exp. 469,350 7,435 85.109 65,510 303,225 110.280 1.125.756 1.085.436 71,132 2.256 1,479 100,281 27,284 95,384 .1.117,390 1,029,018 24,926 Tot.exp.,incl.oth. 93.134 76,866 194.323 2.042.593 2.042.593 71,422 782,500 192,358 621,891 208.785 2.252.893 2,004.819 Net from railroad_ _ 119,964 191,219 177,928 178,502 2,099,560 1,420,776 644,932 523,732 --Wad Taxes (less c r taxes)_ 53,975 881 ,2(3 12,024 6,000 5LB1 76.723 -42,6417 =1 71,600 Uncollectible revenue_ 18,000 17 7W "=1T3173 1 15,000 62,000 72,647 615 6,241 5,750 191 75,834 45 Net after taxes, &c_ 67,973 815 322 107.940 19 171.927 153 567.593 1,329 452.1121 42.858 4,934 38.929 598.393 Net after rents 780,674 -48,921 -89,491 -588.8 89,560 184.929 391,659 357,549 97 -89,553 Aver. miles of r'd oper. 665' 231 - -6 6491,MT 96 (140,20 --gUicX -04,530 98 96 96 199 '--66t,115rt=1117I3 199 199 199 365 365 365 Lehigh & New England 365 Blaine Central -Month of December- -Jan. 1 ro Dec. Missouri Kansas & Texas RR. 31- Month of December- -Jan. 1 to Dec. EARNI:EGS* 1919. 1918. i 919. 31- -Month of December- -Jan. 1 to 1918 1919 1918. Dec. 31a 1919 s 1918 s 1 1919. 1918. S Freight revenue $ 1919. s 346,239 1918. 294,903 3,761.804 3,679,107 1,051,359 s $ $ Passenger revenue _ _ $ 927,601 11,286,883 10,706,225 2,181,1 $ 2.253 1,668 20,649 03 2,228,900 24,335,818 23,752, 17,208 393,162 361,243 4,936,429 4,371,841 Tot., Incl. other rev. 658 367,374 613,644 334,727 3,981,318 3,989,895 1,583,3 621,450 7.968.611 7.367,083 Expenses 12 1,429,413 17,525,178 16,415,178 -M aint.way 35,213 31,749 573,850 3,011,374 3,036,614 34,272,091 518,284 Maint. of equipm't. 193,612 310,422 3,086,322 2,741,844 106,268 33,230,334 51,534 863,066 444,507 757,988 569,428 5,990,205 5,465, Traffic expenses_ _ _ 378,289 447,522 4,143,196 3,618,917 2,552 2,780 31,771 809,923 57.862 743,217 9,710,171 8,666.081 11,529 Transportation exp. 9,216 133,126 146,411 4 105,907 1,372,665 1,347.514 136,515 39,443 49,189 885.101 355,240 981,462 9.668,353 9.087,909 Tot.exp.,Inci.oth. 324,07 287.198 203,322 2.956,116 2.784,120 1,509.7 1.217,624 1,132.011 12,032,259 11,641, 75 1.725,558 17.520,063 16,029,745 737 Net from railroad.... 0, IN 2,614,638 2,600.370 29,190,161 131,404 5,201 1,20 , • Taxes (less war taxes). 73,511 27,146,341 10,860 5,111 . 8,000 WA/ 101,670 304775r 103,408 436,244 5,081,929 tar,U1 Uncollectible revenue. 82,164 70,443 924,143 803,928 129,861 22,902 1,155,501 1,110,5 27 27 Net after taxes, &c_ 501 45 69.316 277 123,404 825 149 923,530 1.102,365 4,681 --8,655 -366,615 -919.520 --418. 4.441 Net after rents. - - . 1 - 61" 773 707218 - -27.1266.048 413,191 3,921,746 4,969,0 911,974 1178,858 --20,07 er. miles ofr'd oper. 05 234 224 -605,804 232 418,132 224 333,430 4,631,147 1.216 1,216 077451 1.216 1,216 1,713 1,714 1,713 1.736 EARNINGS. --aTs7m $ laimio, --m7prirm - 9 RAILWAY EARNINGS FEB., 1920.] New York Central System Newburgh & South Shore New York Central MB Missouri Kan'& Texas RI of Tex Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 311918. 1919. -Month of December- -Jan. 1 to Dec. 311918. 1918. 1919. 1919. 1918. 1918. 1919. 1919. 1918. 1919. EARNINGS. $ I $ 16,081,339 17,588,251 188197,778 189927,615 $ 047 7,120.236 6.462,539 85,288,196 68,691,492 1,206,236 1,165,443 15.251,429 11,319, 23 reight revenue 638,892 8,234,735 7,051.1 315 310715,575 294823,035 782,700 •assenger revenue _ 134,837 1,328,299 1,453,756 26,856,202 27,489. 02 38,034,863 34,544,003 178.150 25,244,514 19,840,330 199,633 2,599,143 3,891,2 217,636 29,698 Tot.. incl. other rev. 2,160,764 1,925,129 5,440,015 3,697,490 19,511 336,838 250,240 5,678,907 5,439,562 67,037,642 61.505,617 583,030 324,869 8,186 'xpenses-Maint.way 22,160 244,217 2.747,175 2,809,395 271.620 320,259 4,735,391 3,676,381 441,990 642 Maint. of equipm't_ 245,356 283,068 19,406 657,939 12,219,071 11,489,330 128747,572 122940, 25,475 692,244 _ 60,588 Traffic 63,245 003 993,571 13,554,330 10,085, 044 248940,633 232403,704 expenses_Transportation exp _ 1.712,397 102.004 1,281,328 1,144,075 21.842,114 22,012, 108.879 040 18,693,165 9 - .11 -1 7?7,- 62,419,330 • i: 5,4'7'7,2/7 6 Tot.exp.,incl.oth. 2,862,565 1,768,745 25,162. 46,071 "TN= MTN 7T 927,622 11,630,827 11,977,456 07 .8 6 2.82 997. 33 156,383 98,307 97,068 20,507 Net from raliroad____ =761.861 24,476 20,316 571,770 19,740 705 732,125 45,093 97,473 4 taxes)_ 4 Faxes (less war 193 6,815 850 810 211.373 4,013,571 4,548,943 50,124,374 50,417,397 Uncollectible revenue_ 12,326 -50,102 46,949 575,201 1,b30 48,410,216 110,440 -656,468 7'-Net after taxes, &c_ -800.085 115774 47 --Targgg - - 7 - 6,075 7777 15767 ---""" 177r 6,079 6,075 '80' 6,079 2,441 L423,636' - 0,091 7 : 7 1717T,M" 7 Net after rents 7 1,796 1.796 1,796 1,796 Aver. miles of r'd oper. Cincinnati Northern as & North Eastern New (Mes Month of December- -Jan. 1 to Dec. 31Missouri Oklahoma & Gulf -Month of December -Janl 1 to Dec. 311918. 1919. 1918. 1919. 1918. -Month of December- -Jan. 1 to Dec. 311919. S 1913. $ 1919. 1918. $ 1919. $ 1918. 1919. EARNINGS. $ 244,269 2,556,769 2,529,069 187,938 92 $ $ 9 357,833 4,181,369 4,292,381 358,493 189,321 1,401,866 230,174 16.860 21,648 93,994 1,201,663 139,347 135,139 1,481.530 1,491.5 Freight revenue 122.249 293,256 231,190 19,633 266,795 2,872,268 2,812,979 .24.482 219,042 Passenger reenue_ _ _ 572,053 6,446,802 -6.474,717 549,256 428,904 387,457 35,589 1,646 124,485 1,517,855 1,783,303 716,836 170,977 rev. 1,189,611 60,461 Tot.,incl. other 110,135 768,544 672,930 415,529 70,082 744,493 70,055 21 35,256 86,764 134,593 1,415,891 1,457,8 Expenses-Maint.way 85,896 35,777 26,336 609,147 2,192 663,426 2,439 92,429 89,481 74,282 98,137 2,840 Maint. of equipeft_ 8,990 24,503 109,545 1,018,707 1,056,793 23,855 70,890 1,224 36 2,749,654 2,590 274,042 2,984,7 Traffic expenses_ 295,003 950,912 873,981 94 2,342.937 77,333 223,053 2,161,5 91,700 149,043 Transportation exp_ 485.477 5,925.279 5.192,415 522,821 ,04T 673 7117, . 47t11 213,496 2,396,292 2,110,212 265,200 69,998 "'" 43,741 .Tot.exp.,incl.oth. 1,282,301 26,434 129,870 122,791 -326.90g 9,439 10,691 "T =-87g,436" --309,590 3 "-1F, -94,22 483,753 8,878 Not from railroad_ 94 185,086 330 4 102,526 9 102,038 4,566 609 8,500 1,470 Taxes (less war taxes)_ 279 2,453 1,219 340,076 707 587,551 34,297 101 59,298 972,101 Uncollectible revenue_ 36,299 77,697 88 -158,931 93 --431,8 i8Wf 63,72e" I/MI' 496,85r -Net after taxes, &c_ --102,824 --94,285 --981,6 181,831 74,538 247 35 251 251 - 251 195 . 7 -117,f74 =99,2w -1,041,948 '=-7307441 T=TRWS 195 195 Not after rents '195 332 329 332 329 & Bast) oper Aver. miles of r'd Cleve Cin Ohio & lit L (Inc Peoria ern New Orleans Great North -Month of December- -Jan. 1 to Dec. 31Missouri Pacific -Month of December- -Jan. 1 to Dec. 311918. 1919. 1918. 1919. 1918. -Month of December- -Jan. 1 to Dec. 311919. 1918. 9 9 1919. 1918. $ $ 1919. 1918. 9 1919. $ EARNINGS. 1 076 49,934,632 9 $ 5 9 5 1,656,354 1,634,462 4.961,783 4,296,335 50,700,396 15,359,127 92,661 624 139,641 1,593,559 1,432.662 17,267, 5,887,973 66,559,805 63,486,391 465,608 6,209,341 540,152 54,462 Freight revenue_ 47,238 76 6,310,415 73,856,456 71.403,970 1,824,454 1,734,677 20,689,218 19,535. Passenger revenue _ 156,966 2,294,549 *2,197,315 7,234,231 195,725 89,612,397 742,395 9,222,574 7,298,040 334,425 1,034,4 460,355 Tot.,incl. other rev. 8,656,301 8,113,593 93,577,081 14,632,085 39,902 42,262 18,940,383 422,635 1,704,704 1,294,489 14,675,763 13,894,336 510,997 es-Maint.way 1,667,769 '1,726,995 20,781,384 18,577,823 Expens 52,968 39,022 882,576 917,765 63,344 82,979 53 33,695 30,656 Maint. of equipm't_ 1,808,770 1,557,2 4,231 3,612 70,044 1,015,198 1,071,351 809,050 3,544,205 2,681,680 30,735,155 28,229,454 91,005 Traffic expenses.._ 111.550 1.001,323 90,956 013 exp_ 4,094,736 3,586,527 39,689.848 36,522. 6,533,303 4,932,705 57,427,451 51,895,288 Transportation 218,981 2.116,336 1.693,878 186,278 73,231,737 M 64' r- §Te 09 Tot.exp.,incl.oth. 7,927,449 7,165,094 83,357,624 8 . 178- 213' -- 0Tra • 700,073 1,377,7 164200 92 3,533,917 241,103 2,252,5 195,592 948,17 10,219,451 18738iY,11b§ 109,483 728,851 124,913 Net from railroad__ 19,642 7,752 15,000 10,747 728 804 78,758 3,700,522 3,144,290 365 753,661 3,007 1 Taxes (less war taxt)s).. 28 17.984 30,917 2,976 1,135 Uncollectible revenue_ 393,587 • 504,576 1.135,876 14.165,664 15,962,010 50.292 -5.582 -81.657 6.488,016 13,218,384 1i 4,688,93g 866,764 -25,944 Not after taxes, &c_ 4 8,321 -- 00;226'TIMW '1,084,501' 12,4&1 . 2,392 2,397 =IMO -88,466 2,395 2,408 284 284 -321,036 ' '787Nr 4,4152`,472 n, 7,221 284 Net after rents 284 7,204 7,108 7,301 Indiana Harbor Belt Aver. miles of r'd oper. & Mexico _System N Orleans Texas -Month of December- -Jan. 1 to Dec. 31Monongahela Connecting sico New Orleans Texas & 1918. 1919. 1918. 1919. -Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31$ $ 1918. $ $ 1919. 1918. 1918. 1919. 1919. 1916. EARNINGS. 1019. 53,612 1,513,929 1,355,288 168,656 473,621 451.492 Freight revenue 38,543 45.871 529,778 6,562,912 5,591.235 565,616 Passenger revenue.. 97.734 2,063,689 1,885.023 2 2 6;671 153,920 1,172,263 1,216,443 108,347 228.302 1,954,320 2,473,763-368,349 17,423781 513,404 Tot.,incl. other rev 33,773 58,151 340,306 125,424 1,253,639 1,339,426 294,968 98,601 38,894 407,991 20,224 479,581 Expenss--Maint.way. 44,077 22,427 45,215 21,501 463,184 1,903 2,172 620,037 81,466 27,617 43,938 37,103 Maint. of equipin't_ 811 3.425 5,325 356,212 4,456,542 3,659,004 6,251 458,836 510 613.600 510 645.467 Traffic expenses_ _ _ 52.398 70,824 000,170 1,329,172 08 6,397,711 138,118 652,114 7.110,2 72,716 686,143 Transportation exp_ 138,338 1,778,731 1,497,139 188,071 i2233S --547,205 -806,47; 265,892 1,901,125 2.207,321 139,320 T2526' Tot.exp.,Incl.oth. 388,484 6 122,123 116,129 ATM -q-67- 63 ---2817557' 11,588 5,219 -37,590 100,588 53,667 129,023 Net from railroad_ 11,688 •45 10 19,023 43 38,898 24,572 13,424 389 2,470 299 Taxes (less war taxes)_ 4 42 -125,746 --133,967 --663,434 -928.645 tible revenue_ Uncollec 287.506 155,634 13,533 -52,296 227,543 28,621 -.1,603,434 2 -5 51,196 -51,015 Net after taxes, &c_ 4487f11 = - 85e8' -138,71r f ---1T3, Of 116 13,601" -33,6f' 116 116 116 191 191 Not after rents 191 191 6 6 6 6 of r'd oper. an Aver. miles Kanawha & Michig & Western Beaumont Fleur Lake Month of December- -Jan. 1 to Dec. 31Montour h of December- -Jan. 1 to Dec. 311919. 1918 1918. 1919. 1918. Month of December- -Jan. 1 to Dec. 31- -Mont 1919. A 1918. S 1919. 1918 $ S 1919. 1918. S $ 1919. $ EARNINGS. $ $ s 300,715 3,521,720 4,552,913 305,377 9 $ 985,503 1,019,529 69,597 95,852 660,740 1.118.461 99,971 50,068 81,649 1,126.686 1,228,927 345,146 41,128 311,738 Freight revenue 24,773 32,687 16,830 16.780 1.667 423,367 4,324,755 5,896,134 1.508 367,563 Passenger revenue_ _ 98,865 1.364,168 1,417,973 657,736 137,705 660,979 23,741 56,001 94,805 1,199,498 1,307,414 217,639 42,100 313,743 Tot., incl. other rev. 21.980 34,452 205,336 130.089 1,619,205 1,509.671 149,766 338,804 67,282 215,028 22,247 268.741 es-Maint.way Expens 22.393 32,828 35,203 30.489 694,307 1,852 3,064 680,514 65,082 15,953 15,816 25,229 Aloha. of equipm't_ 526 1,961 15,705 164,162 1,594,379 1,876,388 139,882 14.836 2,320 1,207 464,827 563,928 Traffic expensec._ _ 31,538 48.297 340,884 326.087 29,912 331,873 4,062,355 4.237,119 23,439 362,538 exp_ Transportation 962.635 80,232 1,233.827 126.289 -76V T1389M15 162 171,330 1,439.816 i.313,91$ =-,W' 91,493 Th70,370 Tot.exp..incLoth. 136;316' 451,338 iT 227,933 254,138 -6,503 '"'"777Z 8,260 51,338 32,901 -28,269 --76,544 --40,319 25,172 Net from raliroad 10,901 4 24,355 Cr4,527 30,800 1,699 52 7,037 256 Taxes (less war taxes). 9 68 6 68 8,257 1,461,081 83,233 Uncollectible revenue_ 422,384 -46.314 101.911 7,731 15,933 --30.927 166,843 1.651,579 82,212 -MTV --35.307 -78.292 -271.126 Net after taxes, &cc_ =iCTOS 176 176 176 ' 560,070 ----TVIT --176 47,309' 151,426 * 118 1176 118 Net after rents 118 54 118 56 54 56 Aver. miles of r'd oper. Lake Erie & Western St Louis Brownsville .I; Mexico -Month of December- -Jan. 1 to Dec. 31Nashville Chattanooga & St Louis 1918 Month of December- -Jan. 1 to Dec. 311919. 191), 1919. Month of December- -Jan. 1 to Dec. 311918.. 1919. 1918. i918 1919. 1919 1918 $ 1919 S NGS. EARNI $ $ S I 675,730 8,518.048 8,252,428 i 748,923 I 275,947 3,575,472 2,933,099 626,335 220 344,508 805,534 59,217 80,777 1,200,199 1,236,963 13,392,295 14,554, 78 Freight revenue 105,330 1,641,823 1,191,951 160,931 540,254 5,381,541 5.978,9 773,020 9,784,825 9,343,904 486,430 869,615 Passenger revenue_ .... 407,423 5,540,631 4,448,921 25 1,275,217 21,757,402 541,293 134 133,743 1,735,7 181,600 685,225 Tot.,incl. other rev. 1,808,581 1,893,397 20,044, 97 2,592,940 77,334 1,134,286 134,652 247,667 2,729,738 2,436,193 244,083 277,973 3,503,3 291,430 818,800 939,450 Expenses-MaInt.way 73.583 104,384 146,260 • 146,976 11.980 10,956 322,398 5,196,458 4,774,565 493,895 65,801 74,170 Melia. of equipm't_ 1,431 6,260 431,917 430,124 4,346,856 4,331,305 423,281 463,069 23,339 42,288 Traffic expenses 125.319 1,596.433 1,304,595 154.653 936,910 8,735,173 9.281,724 9,242,394 8.440,012 845,742 818,109 926.047 Transportation exp. 291,377 3.940,240 3,029,666 421,455 627 17,623,564 WW1 M25r -56,431 Tot.exp.,Incl.oth. 1,696,558 1.599.544 18.483, 340.065 1 19,8W 717= 1,60(T390' 174107286 441,749 27,326 46.949 13=3""TTAWNT' 4,11M3311 7 123,963 '711:972'. Net from railroad 105,586 14,574 1,486 4,413 1,326 399,729 638 690.612 21 33,055 1,061 105,612 1,401 Taxes (less war taxes)_ 40 179 1.538 3,455 562,339 122 99,355 109 -103.402 --100,686 Uncollectible revenue.. 101,431 1.493.402 1,294,235 124.071 3,732,570 866.439 370701 260,655 -45,922 .6,301 ff Net after taxes, &c.. • 9V,814 l'",T1-2' 12137311 m-1776 900 902 900 4 902 §717321 548 7/1713 - 1,239- T5ITA3 4,FITT1 548 Netafter rents 548 548 1,239 1,247 1,247 miles of r'd oper. an Central Aver. Michig & St Louis , New York Chicago -Month of December- -Jan. 1 to Dec. 31Nevada Northern 1918. -Month of December- -Jan. 1 to Ded. 311919. 1918. 1919. 1918 -Month of December- -Jan. 1 to Dec. 311919 1918. S 1919. $ 1918 $ $ 1919. e 1918. $ 1919. $ i• EARNINGS. S $ $ 85 4,582,157 51,653,910 45,949,560 S $ 2,332,655 20,923,945 20,123,796 4,413,7 19 1,379.696 20.070,337 15,901.584 200,040 1,387,548 2,458,519 1,939.746 140,794 78 1.831,290 1,899.7 Freight revenue 110.392 1.847,1 118.141 181,473 120,322 12,496 86 78,844,385 68,520,087 10,482 Passenger revenue_ _ _ 61 23,475,552 22,656,381 7.106,153 6,568,8 643,778 9,617,080 7,705.079 684,273 218,304 1,579,440 2,706.331 2.125,633 2,505,3 157,284 Tot., Incl. other rev. 279,177 2.848,047 2,615,657 1,610,527 187.644 284,133 928,906 15,674,511 12,382,137 287,659 , 22,630 .38,959 413,240 4,427,398 4,172,819 Expenses-Maint.way 738,990 418,030 780,809 50,634 329,305 64,893 293,450 28.152 • 368,547 38,681 316,447 Malta. of equIpm't_ 15,651 34,713 10,743 96 2,665,945 29,506,855 28,214,018 11,059 1,387 792 Traffic expenses 989,136 10.037,820 9,734,020 2,945,3 1.098,015 649.171 448,657 52.832 42,841 5,514,103 4.449.150 57,841,813 51,070,072 rtation exp Transpo 73 18,317,802 17;489,757 57f ifilTbil 111.460 1.095.657 1.343.756 1.801.108 1.746,9 126,943 Tot.exp.,Incl.oth - -. 6 "318 -924 1,591AT''ZiTLITS" 217027 00 1,899,790 1/4,6/t 571173 108,000 2,650,0 47.T702( 255,000 106,843 647,530 317341 629,811 Net from railroad_ ___ 127,530 7.463 84,811 5,496 1.015 206.319 198 212,245 18,323 156 14,902 1.586 war taxes). 1 Taxes (less 584 610 1 4 52 2,009,730 18,347 075 15.542,761 Uncollectible revenue_ 630,856 4,526.352 4.518,937 1,336,8 239,129 271.636 1.155.645 7 88.520 f 16,439 .1 aWir - '10,819 16,034,172 T3T6116;170 Net after taxes___ 583.798 1,86 3 21M- 1 1,861 1,861 1,861 " . . 24 83,88i " - - (F;3176 1.106,782 - 3 3" 14 420 572 See aho on page 14) Net after rents 574 168 168 168 168 Aver. miles of r'd ()per. 4n-7.164 30,08 --lrinrm -Taw --gn - nw 1,160,5" ----w=nr =gun- --==Treir 13987 2 -7--fieJ07, ---Twra ..7=TaniTY --wor --5-7-04-,Ka • 10 RAILWAY EARNINGS New York Central Sys (Cond.) [VOL. 110. North ern Alabama Pittsburgh & Lake Erie P01111101100116 BY,(Concluded) -Month of December- -Jan. 1 to'Dec. 31- -Month of November --Jan.1 to Nov. 30Cumberland Valley 1919. 1918. 1919. 1919 1918. 1918. 1919. -Month of December- -Jan. 1 to Dec. 1918. Freight revenue 2,030,730 2,316,003 23,158,642 28,513,513 311919. Passenger revenue _ _ _ 102,554 1918. 106,738 1919. 240,412 1918. 900,424 1,083,364 212,911 2,669,147 2,287.179 322,363 493,214 4,361,826 4,801,724 14,004 12,772 Tot..incl. other rev. 2,459,907 2,762, 148,585 170,586 80,292 004 N,173 81,464 32,992,272 882.916 Expenses-Maint.way 118,763 749,151 126,265 1,079,558 1,285,494 249.046 344,807 4,278,253 4,374,227 441,091 Maint. of equipm't_ 596,027 5,633,360 5,917,54 20,764 22,814 844,433 237,868 872,195 8,828,670 7,038,496 180,220 77,251 Traffic 72,053 6,956 994,868 _ 5,709 16,607 567,875 63,755 19,594 60,974 179,483 82,246 187,253 Transportations..102,978 1,248,523 expense exp.. 1,018,232 1,004,978 1,587 900 900,600 15,045 14,373 10,159,319 10,217,617. 6,681 . 7,374 45.705 77,846 71,531 Tot.exp.,incl.oth. 2,181,333 2,287, 65,135 628,401 620,665 177,691 217 24,001,84322,365,184 202,458 2,120,513 2,029,130 76,765 102,495 Net from railroad.._ _ _ 964,517 895,028 278,574 358,594 474,787 4,632,344 10,627,088 399,722 4,589,923 3,710,505 Taxes (less war taxes)_ 41,998117,7169171578,825 71,377 576:77 825,325 884,277 82,496 Uncollectible revenue_ 106,305 1,043,437 2,207,031 3,800 3,440 32 38,500 36 38,970 270. 27,927 45 15,663 121,900 116,521 Net after taxes, &cc_ 7 14 269,716 403,374 3,206,749 9,742,766 2 409 642 38,198 20,329 Net after rents 76.533 351.481 54,569 .74;8;620 3,465,850 9,8.39,554 180,639 157i,(717i 2,089,872 Aver. miles of r'd oper. 28.44917==677224 224 777.178- 737 224 1- / 179,542 440,255 1,840,859 6 224 112 112 112 112 163 163 Toledo & Ohio Central 163 16 Northwestern Pacific -Month of December- -Jan. 1 to Dec. 31Long Island -Month of December- -Jan. 1 to EARNINGS. 1q19. 1918. Dec. 31- -Month of December- -Jan. 1919. - 1918. 1919. 1 to Dec. 311918. s 1919. S 1918. $ 1919. $ Freight revenue 1918. $ 1919. $ 1918. 511,588 $ 4)43,867 7,771,845 8,776,009 8 $ Passenger revenue __ _ 354,232 $ 243,260 3,615,941 3,033,299 $ 74,689 $ 06,801 817,155 552,849 763,112 542,643 6,298,392 5,726,629 181,041 149,130 2,400,373 2,110,871 Tot.,incl. other rev. 616,675 1,078,882 9,078,909 10,129,659 950.573 960,412 15,629,124 14,260,036 Expenses-Maint.way 596,515Y 434,304 17=57 5,702, 113,067 95,992 1,545,850 1.543,242 397 1,732,058 1,688,243 24,381,973 Maint. of equipm't_ 160,283 141,882 1,328,393 22,241,186 267,176 243,637 2,824,786 2,498,700 881,547 263,065 Traffic 433,556 3,163,137 2,894,842 70,942 _ 56,910 6,767 859,482 3,646 682,551 79,039 383,147 79,065 Transportations..335,143 4,364,034 3,173,825 5,271 expense exp.. 4,690 373,723 61,059 440,326 3,957,136 4,609,713 58,706 13,265 260,363 12,587 221,348 2,821,925 2,201,299 156,876 134,77 Tot.exp.,ind.oth. 782,918 1,112,432 1,040,130 12,167,012 9.867, 2 800,865 8,642,801 8,952,795 512,496 339 440,237 5,250,272 3,973,767 Net from railroad _ _ 1,841446 1,885,559 20586,849 16.739 -r16672773 7 .277,016 436,108' 1,176,864 Taxes (less war taxes)_ 83,548 ,070 -5,03g1,432,187 87,808 35,516 438,773 -109587 -197,316 395,124 5,502, 361,888 Uncollectible revenue.. 25,980 21059 285,857 08 181 263,476 8 252 47,016 37 81,280 1,063,277 1,069,859 20 1 Net after taxes, &c.. --254,233 1,455 34 522 242,491 --2,916 --814,938 48 5,314 57,547 -27,893 1.144,873 1,465,1 3,313 Net after rents 19 -156,926 -278,645 2,726,532 -238,441 . 224,615'=-117,650. 805,414 " . 44 4,428 912 Aver. miles of r'd oper. SW 45,050 --26,473 1,150,271 1,498,908 435.!L 435h i435 -213,608 -330,966 2,421,699 3,891,0 435 538 521 91 530 521 398 398 New York New Haven & Hartford 398 398 Northern Pacific System -Month of December- -Jan. 1 to:Dec. 31Maryland Delaware & Virginia EARNINGS. Northern Pacifi 1919. 1918. -Month of December -Jan. 1 1919. 1918. I -Month of December- -Jan. c to Dec. 311 to Dec. 311919. $ I Freight revenue 1919. 1918. 1918. 1919. 4,723,219 4,016,703 49,236,962 50,721,2871 1919. 1918. 1918. $ $ ir Passenger revenue , $ 3,840,613 3,567,047 44,774,217 39,379,916 5,746,561 8,089,254 72,934,722 78,534,343 $ 67,356 1,573,037 1,333,780 20.331,317 17,146, 73,983 847,484 Tot.,incl. other rev. 9,942,727 8,608,151106,5 685,693 143 33,204 40,524 45,119102,294,211i "8,6827601 '10,066,391 473,862 Expenses-Maint.way 1,400,554 1,088,5 386,293 . 11)0,39,3531n,008, 77 104,31N 117,702 1,356.181 771701,151 Maint. of equipm't_ 2,047,045 2,103,302 14,280,054 13,525,533 1,001,657 1,086,174 16,223,655 14,226,/59 882 21,377,446 20,913,412 1,614,311 1,873,612 12,298 11.282 Traffic expenses...... 128,369 17,610,480 16,716,058 96,854 56,047 42,344 541,080 19,634 475,231, 71,175 Transportation exp.. 4,693,622 5,142, 48,060 56,920 339,854 765,309 291,894 779,682 646 51.147,50848.020.O80, 3,644,268 3,738, 854 795 619 28,274,462 37,501,967 9,892 Tot.exp.,Incl.oth. 8,702,108 8,857, 11,635 74,558 977 92,473,381 87,746,523 6,619,522 6,969, 72,076 882,537 719,087 625 76,179,714 71,516,302 Net from railroad.. _ 1,240,619 -210.8 109.829 26' 14,071,738 14,547,688 1,463,079'- 134,783 1,386,657 1,141,760 Taxes (less war taxes)_ - ,694,7r5 M559,639 51,391,951 3 450,657 107,375 3,770,657 3,216,375 =-717ie512,050 Uncollectible revenue.. -1,717 -30,469 -40,431 347,089 7.482,648 6,499,718 3,653 1,750 27,816 1,906 15,9901 5,183 2,318 322 *21,627 Net after taxes, &c_ 23,940 19,796 5,610 786,309 -448,952 10,273,265 11,315,322 27 47 945,845 2,749,354 17,053,050 24,886 Net after rents ,628 '147,781.4 -774,605 7 -7.395 --19 400 --52 145 --60,234 270,32. 7,534,334 F,W5 -1 2,862,23g . 8 -. 6 Aver. miles of r'd oper. 18,379,362 28,209,373 --12,126 1,965 1,992 1,965 1,992 -2259 -9168 --78,02 6,642 me 6,561 6,592 6,585 82 82 New York Ontario & Western"' 82 82 Minnesota & International -Month of December- -Jan. 1 to Dec. 31-I -Mont Monongahela h of December- -Jan. 1 to Dec. 31EARNINGS. 1919. 1918. -Month of December- -Jan. 1 to 1919. 1918. I 1919. 1918. Dec. 311919. $ 1918. $ $ 1919. $ $ 1918. Freight revenue 1 . 1919. $ 1918. $ S 66,270 Passenger revenue 32,431 693,598 115:954 650,255 107,894 2:697:357 2,168,483 275,198 260,680 3.357,061 2,889,064 29,907 25,006 316,904 Tot.,incl. other rev. 282,676 141,992 22,536 823,999 10,909,515110,895,005 24.316 253,219 102,424 241,825 Expenses-Maint.way 68,697 1,073,849 143,995 992,093 169,050 1,748,083 1,557,482 303,689 295,614 -3,652,666 3,211,550 9,894 Maint. of equipm't_ 11,869 241,630 243,151 203,885 314,486 2,658,789 2,763,995 49,775 19,261 91,561 Traffic expenses __ _ 722,873 18,725 205,202 743.738 12,353 203,788 5,953 108,686 33,539 102,125 31,211 504 Transportation exp.. 439,663 842 338,242 6,005 501,649 5,758 492,391 5,016,227 5,300,294 496 44,435 616 40,669 10,802 551,195 13,007 Tot.exp.,incl.oth. 509,407 924,802 1,002,704 9,804,044 9,974,523 122,624 . 129,116 1,131,906 1,114,265 77,217 75,941 1.044,738 Net from railroad....... 962,898 517:NO2 258,695 2,393,269 2,273,856 82,810 -178;705 1,105,470 .- -26 9 -482572a 1 Taxes (less war taxes).. -7,244 -29,110 33,121 20,10 24,276 329,921 88,986 297,124 5,079 Uncollectible revenue.. 36,919 1,259,397 1. 57791 3,205 56,760 7 53,507 11,840 21 1,449 13.475 56,840 28 62,991 17 Net after taxes, &c.. -115.932 --202,982 80 2 775,523 621,907 28 20,127 --10,478 --27,667 --24,3 6 Net after rents 92 77,143 --97,530 -204,951 m 783,730 23,443 1,202,528 548,582 16,552 874,696 Aver. miles of r'd oper 10,582 -43,692 -57,88g 569 567 (See also on page 14) -1,022 194 23,313 1,029,050 195 648,096 194 195 108 108 New'York Susquehanna & West 108 108 -Eastern Lines -Month of December- -Jan. 1 to Dec. 31- Pennsylvania Sys New York Philadelphia & Norfol Pennsylvania Railroad EARNINGS. k 1919. 191b. -Month of December- -Jan. 1 to 1919. -Month of December- -Jan. 1 to 1918. Dec. 31Dec. 31$ $ $ 1919. 1919. Freight revenue $ 1918. 1918. 1919. 1919 252,667 1918. 1918. 218,228 2,746,879 3,310,482 17.774,313 23,586 s Passenger revenue _ _ _ $ ,970238,852,641240,043,282 $ 64,059 $ 60,112 700,900 434,257 624,062 7,335,045 8,123,091102.047,147 578,143 6,241,798 5,748,928 Tot., incl. other rev. 95,499,953 351,034 91,524 337,628 3,915,640 4,363,419 32,278,827 133.554 1,352,769 1,278,998 Expenses-Maint.way 34,292,094378,091,498368,481,751 31,670 9,487 462,022 -6187798 414,709 4.663,893 6,686,810 56,004,008 Maint. of equipm't_ 765,177 8,208.366 7,632,494 73,094 83,841 665,643 75,729 727,073 11,362,093 9,511,839112,445,087 51,743,016 Traffic expenses_ 96,014 707,764 714,914 4,505 99,166,489 1,728 27,830 240,527 24,519 290,320 184,874 2,226,468 1,774,649 , Transportation exp_ 216,257 3,148,318 2,925,988 330,466 252,854 2,526,651 2.537,991 15,652,066 0,580 8,818 16,211,033168,470,630166,611,535 106,575 115,510 Tot.exp.,incl.oth. 449,088 337.361 354,762 3.781,458 3,794,069 33,427.602 33.909 286,519 3,794.601 3,361,923 ,042356,018468333,898,680 _fl,85 Net from railroad..... _ m".: 98,054 --17,1 2 904 610,284 7 1_88,975 6,283,432 33 134,181 559,30 -1148774 Taxes (less war taxes).. 383,051* 2,073,031) 34,583,07744,681 9,944 415,047 77717 17'grgff - --1,.15 175,344 1,140,462 'Uncollectible revenue.. 887,669 11,035,760 10,652,027 -( 1,011739T 5,340,b6... 5 17 .748 20,926 119 6,682 21,335 3,803 222,881 256,024 Net after taxes, &c_ --142,740 --27,095 33.776 30,386 155 --281,614 383,885 -2295920 -508,420 11,003.493 23,900 468 94 Net after rents ,655 -138,146 -17,781 --280,714 87 183,557 418,033 -=2560938' - - -9,718 7,613,93'7 18,707 796,041 'T92,942 Aver. miles of r'd oper. 7 t 0 1 kas,.135 . ;11035 ,270 - -.1. - 7 -67706 T 135 135 5,380 130,323 . 5,360 640,628 072,591S 5,380 5,360 121 121 ?GAWK Norfolk & Weste 121 121 Baltimore Chesapeake & Atlantic -Month of December- -Jan. 1rn Dec. West Jersey & Seashore to 31- -Month of December- -Jan. EARNINGS. 1919. 1918. 1 to Dec. 31- -Month of Decemb 1919. 1918. 1919. er- -Jan. 1 to Dec. 311918. $ X 1919. 1918. $ X 1919, Freight revenue S 1918. $ 5,452,874 5,575,014 62,681,027 68,752,260 1919. S 1918 11 $ 70,987 Passenger revenue $ 86,103 1,010,236 861,878 1,016,581 10,824,462 10,237,599 $ $ 903,772 279,300 38,260 337,800 3,543,800 3,437,048 46,409 Tot.. incl. other rev. 6,570,897 6,828,688 1 6,925,5 520,512 478,405 399,021 7 380,608 7,538,322 6,465,047 99 g2,004,034 116,823 Expenses-Maint.way 135,133 1,603,332 1,436,430 973,601 849,780 10,660,871 9,524,658 804,141 16,160 Maint. of equipm't_ 2,250,388 1,758,856 23,089, 791,111 11,971,020 10,599,543 15,421 182,977 132,551 001 21,273,001 206,389 23,517 Traffic expenses...... 397,479 2,314,078 2,511,140 61,394 45,180 441,024 40,332 445,584 407,107 536,709 211,689 2,932 Transportation exp _ 2,653,453 2,518,142 28,323,931 148,578 2,443,483 1,920,825 985 14,330 13,862 28,739,290 9,090 77,599 6,548 78,059 98,810 935,847 Tot.exp..incl.oth. 6,051,218 5,298,011 64,021,285 91,904 838,009 524,992 61,579,297 521,779 5,961,368 5,284,563 124,167 160,224 1,616,508 1,428.034 Net from railroad...... _ 519,678 1,330,677 1L904,313 0,421,736 --71 985,209 1,121,241 11,145,019 177717T -71 -MS Taxes (less war taxes).. 1 260,000 10,105,859 242,000 3,120,000 2,004,000 7,505 -181,068 ==TiaTim Uncollectible revenue.. 4,072 4,800 826,001 415 42,247 249 3,058 37,927 9,898 50,426 40,281 578,874 Net after taxes, Ste_ 4 483,3 259,262 1,288,427 9,781,255 17,510,838 448 7 1,158 --11.416 3,158 NATi -55,427 --30,422 -231, Net after rents 367,120 1,289,368 10,367,404 18,256,481 943 -350,419 245,90 Aver. miles of r'd oper. 87767- -27,633 --26,110 -21,32 2 7,141 2,088 2,087 2,088 .1 -250,671 --362,044 4 2,083 87 87 -5,395 87 87 361 361 Norfolk Southern 361 36. Cincinnati Lebanon & Northe -Month of December- -Jan. 1 to Dec. rn Pennsylvania Sys-Western Lines 31- -Month of December- -Jan. EARNINGS 1919. • 1918. 1 to Dec. 311919. 1918. Pennsylvania Company 1919. 1918. $ 1919. S X 1918. x Month of December- -Jan. 1 to Freight revenue $ • 493,622 $ $ 366,842 4,318,945 3,877,124 Dec. 31$ 1919. Passenger revenue...._ 52,740 1918. 190,425 186,679 1919. ' 101S. 161.937 1,872,065 1,521,377 878,886 895,715 6,083,254 6,649,154 76,484 9,039 7,915 Tot.. Incl. other rev. 98,680 714,151 82,805 1,807.278 1,571,202 21,032 ,116 70,628,884 566,696 6,591,227 5,753,643 Expenses-Maint.way .543 15,931,094 74,569 217,308 1,153,261 1,168,339 119,851 103,342 1,353,541 1,067,8 8,707,716 8,954, Malta. of equipm't_ 24,541 32,588 85,661 219,631 229,122 1,228,255 1,313,171 209,488 1,300,494 1,689,611106,342,509 95,530,322 05 Traffic expenses_ 38,031 217 15,547 36,336 11,919 279,360 5,601 101,004 219,732 3,610,602 2,435,298 30,470 ,722 14,989,936 81,278 Transportation exp.. 1,334 315,573 741 ,458 25,170,189 236,618 3,259,051 2,569,551 15,933 Is 14,507 86,730 59.431 70,167 913,537 60,566 Tot.exp..incl.oth 959,991 650,862 554,136 693!801 4,149,838 4,217,794 45,408 591,050 6,197.345 5,273,561 ,269 42,732,560 126.964 130,699 1,180,396 1,154,440 Net from railroad _ _ _ _ 160,015 --27,353 9,534,446 8,707,064 95,479,271 303,681 480,082 --52,394 Taxes (less war taxes).. 86,550,206 86,609 --27,135 16,000 20,000 211,850 13,890 -826,730 193,041 Uncollectible revenue.. 71777 10,863,238 8.080,066 8,343 2,111 96 61,731 1,065 56,295 192 626,888 269,864 4,271,684 3,480,620 Net after taxes, &c_ 7 143,919 --47.353 522 133 180,765 4 285,949 -60.738 5,051 84.498 -88.874 --42,10 788. Net after rents 139,652 -41,500 1453752 --22,321 6,586,001 156,656 289,942 --61,197 Aver. miles of r'd oper. 5 498 651 84,203 906 57,222 -13= =144119Er -53,9 907 906 907 76 34 5,802,101 4882 76 76 76 1,754 1,754 1,754 1.754 EARNINGS. --77,1717 --arm --Tglyro 11 RAILWAY EARNINGS FEB. 1920.] Richmond-Washington System elphia & Reading W. Lines Richmond Fredericksburg & Petomas Pennsylvania Sys. & Indiana (Con.) - Philad Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31- 1918. Grand Rapids 1919. 1918. 1018. 1919. 1919. 1916. 1919. $ Month of December- -Jan. 1 to Dec. 31$ $ $ 1918. 340,828 3,702,999 2,936,796 1919. 302,392 1918 183 66,755,087 1919. 347,093 3,331,912 3,563,012 17 4,805,660 4,795,600 6,032,289 57,850, 210 8,683,464 255,285 369,973 5,453,1 427,788 898,207 1,049,017 10,854, Freight revenue 140,186 2,159,960 1,798,798 741,874 7,743,234 7,164.371 174,409 635,187 Passenger revenue.._ _ 62 /2,871,823 80,764,563 370,435 607,854 38,676 41,585 558,607 8,238,636 7,207,726 96,104,259 7,629,2 660,139 7,490,427 7,316,702 850,960 812.796 366,875 Tot..incl. other rev. 937,963 81,537 1,103,480 117,225 094 73,205 1,009,092 19,354, 60,012 50,488 52.187 5,238 1,790,489 1,818,683 1,815,703 19,296,530 Expensen-Maint.way 4,205 156,984 1,946,195 495,762 230,299 483.180 41,386 66,746 Maint. of equipm't_ 118,804 236,459 2,625,388 2,411,831 238,943 126,484 10,078 10,885 35,476,881 37,144,651 Traffic expenses.._ _ 36 3,824,211 3,943,833 3,363,025 3,130,163 3,551,171 374,937 4,670,7 371,893 '349,669 428,137 Transportation exp.. 73 64,608,174 65,889,371 612,905 7,341,516 6,474.944 5,552.215 6,401,9 366,93'7 3,072,497# 3,340,160 698,428 207,bi6 1 ,. Tot.exp.,incl.oth. 164.049 t5,042 1,27,89 8,263,6 0 14,880,101 186,021 14,496 732,782 6 29,981 "8 -54,29f --- 67711,718,737 -382 548 218,480 1,659,029 87 83,520 30 Not from railroad _ _ _ 275,361 1 319,256 328 14,215 34,950 1,896 53 1,373 838 Taxes (less war taxes)_ 140 352,410 2,886,389 3,175,562 65 177,066 Uncollectlble revenue_ 467,150 1,008,754 6,602,723 13,161.126 456,582 6 21 3,61-,07 577,722 , 316,069 '2,7s6;5-73,295 -68,512 161,749 Net after taxes, &c_ 87 - 57083,18 8377801 - - 6 8,847,g 81 264,277 ---87 245,492 81 fr8rg 4, 8 1,126 ". -:83T2- 1 *--- 7 1,127 1,126 1,127 Net after rents 569 569 569 rn 569 Washington Southe Aver. miles of r'd oper. Pittsburgh & Shawmut 31- -Month of December- -Jan. 1 to Dec. 31Pittsburgh Cincinnati Chicago & St Louis 1918. of December- -Jan. 1 to Dec. 1919. 1918. 1919. 1918. Month of December- -Jan. 1 to Dec. 31- -Month 1919. $ 1918. $ 1919. $ 1918 $ 1919. 1918. $ 1919. I $ $ s EARNINGS. 160,800 1.479,674 1,112,205 113,967 $ $ $ 1,046,663 1,280,637 109,638 76,206 264,187 2,286,254 2,313,790 148,639 78 62.536,682 59,316,445 47,367 5,535,486 4,752,6 52,056 5,506 5.858 Freight revenue 76 22,235,350 19,024,164 466,354 4,532,783 4,027,011 321,632 Passenger revenue.._ _ 2,082,122 1,907,3 116,225 1,115,124 1,343,607 270,848 425,555 83,383 38,453 42,549 93,606,303 87,224,887 347,787 358,407 47,641 401,515 491,753 other rev. 8,505,649 7,336,471 13,373,786 11,111,714 Tot.,incl. 12,352 36,995 39,380 377,612 1,313,196 1,249,966 468,687 21,573 37,498 28,729 1,433 35,990 Expenses-Maint.way 4,131,532 2,357,190 31,476,584 24,483,309 2,242 13,266 17,895 944 Maint. of equipm't_ 1,261 139,225 1,433,014 1,293,815 129,220 43,427 1,104,988 1.053,740 525,898 110,645 420.372 43,434 Traffic expenses.._ _ 34,479 224,511 2.505,019 2,074,092 228,393 19 3,874,381 42,081,195 38,777,075 Transportation exp.. 4,120,0 132,253i" 1,301,631 1,302,781 .. 87722 27765 1,952,942 2, 91,091,636 79,131,535 r4fl *3,3 40,822 Tot.exp ,incl.oth. 9,969,296 7,684,311 76,744 98,073 --3,739 --16,034 --186,506 7,398 0 16,476 "r. 0:gri 14,589 2,367 86 _ _ -1,463,756 96 1,520 2 Net from railroad_ _ 100 28 259,893 3,686,112 2,879.068 789,242 Taxes (less war taxes)_ 3,073 93 1,876,111 6.442 234.435 1.929,5 159 76,733 2,850 26,233 tible revenue.. Uncollec 10 -3,840 -14,514 -188.873 54 833,071 1,869,884 1,721,5135 . 56,437 2,255.849 -607,892-1177.888 5.211,2 130,20 Net after taxes, &c_ -4 , - W 17 -76- 128 6it 35 b...n..../4 Mg' 6.:35 h. pa,a 35 -7 103 :1Mrfi6V " rtiiaTaf--TEW. - 7,1Y73,776 = 103 =TO 103 103 Net after rents 2,394 2,383 2,387 2,383 Aver. miles of r'd oper. St Louis & San Prime-11mo System Pittsburgh & West Virginia St Louis-San Francisco Toledo Peoria & Western -Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 311918. Month of December- -Jan. 1 to Dec. 311919. 1918. 1919. 1918. 1918. 1919. 1918 1919. 1919. 1918. $ 1919. $ $ EARNINGS. $ $ 4,059,951 3,921,888 51,243,803 45,312,606 $ s $ 53,212 1,181,427 1,534,744 2,060,766 1,769.347 22,542,066 20,358,980 117,223 961,829 1,075,145 107,905 112,398 74,482 118.459 10.928 Freight revenue 9,941 463,531 592.599 48,318 48,935 7,190,725 6,033.729 78,552,125 69,812,604 Passenger revenue_ _ _ 77,342 1,452,608 1,800,146 1,040,124 1,085,815 12,288,307 10,198,045 141,940 164,582 1,645,768 1,645,592 513,720 132,800 589,078 Tot.,incl.other rev. 63,088 15,469,785 15,790,755 36,184 299,397 335,955 26,320 503,125 1,438,394 1,332,788 25,850 569,632 566,284 39,779 670,107 ExTenses--Maint.way 20,266 77,524 428,232 73,362 517,549 45,380 14,998 76,052 15,457 Maint. of equipm't_ 938 30,162 1,468 3,073,527 2,442,950 30,022,280 26,917,040 25,130 2,287 717,424 2,308 654,790 Traffic expenses_ _ _ 67.213 58,805 796,368 857,896 80.741 5,827,261 5,008,139 60,428,102 55,251,975 79,990 Transportation cap176,442 1,995,217 1,925,381 189,982 1 9 1174;62/ 14,560,628 160,106 1,799,40/ 1,668,113 190,40 Tot.exp.,incl.oth. -05,23S L863,464 1,62,48 '--542,600 7 4:Tff. 7 281,567 2,690,518 2,735,673 227521) --48,01r" 4 227,810 4,476 ---153,639 170,924 --57,692 23,071 149,071 Net from rallroad 25,671 15,904 2,892 118,987 2,107 21,174 102,000 17,733 8,500 137 Taxes (less war taxes) 741,129 15,407,832 11,801,882 1,133,546 Uncollectible revenue 04 --691,817 -296,159 ,T -69,215 --115,0 14,61T,382 11,190-- 06 681,00. 952,M -66,192 --13,257 --255,639 -141,508 Net after taxes, &c_ ---6:89-g 4,761 5 - ,3114' t: 32 4,761 '5 -4,761 . I087f 4,761 , 3076 716 =--1 - -055 63 --63 .- 527ff --11,215 =MT:5V - page 14) ---Net after rents 63 63 (See also on 247 247 Fort Worth & Rio Grande Aver. miles of r'd oper. ern Pittsburgh Shawmut & North31- -Month of December- -Jan. 1 to Dec. 31Peoria & Pekin Union 31- 1918. 1919. 1918. Month of December- -Jan. 1 to Dec. 1919. er- -Jan. 1 to Dec. Month of Decemb 1918 $ S 1919 1918. $ $ 1918. 1919. 1918. 1918. $ 1919. 678,413 $ $ 863,675 EARNINGS. 48,679 $ $ 89,795 $ $ 1,115,743 $ 390.444 687,284 80,786 1,015,459 39,829 283,587 75,968 73.556 331,280 35,412 25,066 64,157 73,201 Freight revenue 6,490 73,451 7.236 43,318 100,059 1,665,481 1,151,032 6,734 177,637 3,061 Passenger revenue.._ _ 218,204 351,972 91,139 1,125,756 1,216,347 21,781 83,834 38,252 122,602 1,243,748 1,360,394 335,851 123,993 267,927 Tot,,Incl. other rev. 291,368 276,084 20,104 23,373 177,290 25,468 19,120 210,249 30,546 636,690 13,112 19,792 582,364 Expenses--.Maint.way 17,249 426 42,608 315,824 2,107 47,907 485,325 42,647 37,023 14.987 12,351 540,538 Maint. of equipm't_ 807,123 1.603 51,406 623 1,266 86,895 9,291 301 724 637,781 489.958 Traffic expenses...... 41.750 973,587 46,856 98,259 1,526,323 1,103,126 905.957 159,021 104,118 80,074 Transportation exp.. 111,530 1.460,852 1.706,353 122.663 47,906 ffiTTO ,7:0 18,01t 182,293 1,674,953 1,514,841 136,689 Tot.exp.,incl.oth. 6 -490,00 35,828 46,211 2,578 12,810 Og -208,446 -38,829 -20,301 - War 21,794 =11761 672 railroad.. _ _ _ -7 21,830 Net from 486 4 1,840 120 1,476 113,769 99,500 9,500 44 5,000 91 Taxes(kw; war taxes).. 44 73 11.405 92,460 -783 5,685 Uncollectible revenue.. 44 61:501" --40,378 -22.276 --357.017 -511.8 1$,446 -3,30 -14,l1g --7,696 --69,190 --530.705 --322.216 Net after taxes.. 235 235 7 235 2 =57 7T .!:12T380 -119,445 235 7 -287/111 • 7 • 33= -57)6 ' -W4' - 811f) •- - OST- 11 204 Net after rents 204 204 19 204 19 19 19 -San Francisco & Texas St Louis Aver. miles of r'd oper Port Reading -Month of December- -Jan. 1 to Dec. 31Perkiomen 1918. 1919. 1918. Month of December- -Jan. 1 to Dec. 311919. -Month of December- -Jan. 1 to Dec. 31- 1918. a $ 1919. $ 1918. X 191b 1919. a 1918. . 1919. 1919. $ EARNINGS. a $ 70,248 1,207,911 1,131,502 98,357 $ 3 $ ft 153,562 223,553 10,590 214,889 1,520,862 1,928,022 20,633 18,348 981,568 1,007,335 100,926 03,411 Freight revenue 71,909 99,005 93,936 1,537,640 1,366,344 4,331 131,163 8,042 Passenger revenue _ _ _ 193,747 276,568 9 15,440 2 25,876 62,943 -- 5,202 2,377,412 2,637,218 107,555 1,121,836 1,117,383 107,005 270,773 Tot.,incl. other rev. 257,372 232,124 254,129 51,442 18,860 24,293 18,176 79,951 75,005 11,147 9,078 267,801 21,800 157,429 20,381 Expenses-Maint.way 1,527 3,242 1,279 1,814 47,282 51,916 4,269 410 4,041 Maint. of equipm't_ 200 637,374 819,206 18 57,458 18 72,193 266 237 17 17 Traffic expenses 114.955 1,16.5,478 1,238.561 32 1.179,317 85,042 455,998 94,761 1,439,5 431,088 129,564 41,829 32,558 Transportation oxp_ 171.374 1.571.769 1,792,416 108.927 586,807 0170 187,027 --562.410 57,486 46.050 Tot.exp.,incl.oth. 844,801 805,64 19,531 23,725 1,413 123,82g 5,984 = 6,570 1 `" 559,426 .•=757g -=, 6 "'7 78ff -V .112,696 764, Net from railroad_ _ _ _ ==. 249 215 135,688 6 5,030 3 18,229 23,171 20,481 Cr7,331 1,427 Taxes (less war taxes).. 167.245 74,167 -2,275 -4,975 Uncollectible revenue.. 732,104 669,933 118,798 -64.214 7 7 17--11. 1,556 507,404 -7 538,944 57.400 Net after taxes, &c.. 50,527 ---i 134 5 6,' ' -Uri•I 134 134 134 7 4fIr "" 1gT,g07 -97,276 =1,61, 0 6,800 .--- 1, 21 21 Net after rents 58,00 21 21 41 41 41 41 Aver, miles of r'd oper. St Louis Southwestern System St Louis Southwestern Quincy Omaha & Kansas City Pere Marquette of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 311918. -Month of December- -Jan. 1 to Dec. 31- -Month 1918. 1919 1919. 1918 1918. 1919. 1919. 1918 1919. s 1918 a 1919. EARNINGS. 34 10,948,108 10,030,629 $ X $ $ II 743,913 1,212,093 1,067,3 , $ 732,310 69,591 207,305 2.219,127 2,449,685 64,380 218,149 203 22,200,348 243,288 Freight revenue 2,235,037 2,045,544 26,504, 60 4.233,796 308,832 22,806 23,827 1,487,071 1,318,751 13,750,284 13,035,152 433,260 6.127.4 Passenger revenue _ 556,720 98,596 1,117,414 1,057,825 306,399 2,266,390 1,699,967 95,741 278,645 423,223 Tot.,incl. other rev. 3,072,670 2,689,573 35,443,136 28.985,011 409,701 45,179 237,391 2,924,447 2,695,968 21,032 244,312 296,330 3,495,487 3,790,387 248,961 202,233 254,046 211,457 Expenses-Maint.way 207,760 37,699 11,700 17,217 23,034 7,132,498 6,143,894 9.319 488,376 Mahn,of equipm't_ 2,673 778,353 242 380,741 4,228,274 3.815,729 338 522,834 344,772 337,974 21,859 610,174 Traffic expenses..... 25,024 596,122 67.952 70.183 968,700 10.143.756 8,890.788 1,110.303 tation exp- 1,602,261 1,138,240 14.764,362 12,233,618 Transpor 151.791 1.233.752 1,322,723 109.862 _ 551 6 4 350,051 366- 72 4,144,364 Tot.exp..incloth. 2,693,856 2.014,758 26.723,825 23. , ,315 519,409 513,063 --•=.171.17=4,1771 n=li,22 56,954 • 51,628 ,639, 171T 6-34,453 Net from railroad.. 1,757 48,175 2,535 2,287 128 289 14,686 697,135 670,865 8. 42 Taxes (less war taxes)- . 60,203 Cr28,95 89 42 1,502 3.000,930 3.623,198 298,294 2.367 319,523 105 34 Uncollectlble revenue.. 03 -209,305 28,907 --55,525 --164.6 863 6 IT 11 703.667 8.046,078 4.940,822 TWO- - '1,77g --5:5-7:939 3,672,69g Net after taxes, dic.. 318,576 968 , 1 --5,71A 968 939 256 662,112 6,680,357 TrMaT -35,11r Net after rents 255 255 255 2,238 2,232 2,233 Aver. miles of r'd ()per. 2.230 St Louis Southwestern Ry of Texas Rutland -Month of December- -Jan. 1 to Dec. 31PhDs. Bethlehem & New Eng. 1918. 1919 of December- -Jan. 1 to Dec. 311918 1919. a 1918, Month:of December- -Jan. 1 to Dec. 31- -Month a 1919. a 1918 • a 1919. 1918. 1919 $ 1 1918. 1919. $ EARNINGS. 3 339,790 4,873,209 4,335,225 $ 556,284 $ $ I $ 170,740 2,610,670 2,623,259 138,531 1,600,634 1,786,182 234,916 173,9(3 Freight revenue. 122,772 1,395,874 1,167,126 113.220 516,043 6,910,877 770,321 Passenger revenue.. _ _ 25 340,659 4,838.533 4,540,580 414,748 224,852 . 197,126 1,861,114 1,526,407 835,464 1.472,853 120,128 774,427 Tot.,incl. other rev. 76,015 807,493 1,993,010 75,119 231,719 2,295,7 61,939 202,394 228,989 83,924 60,992 Cr8,35.5 122,159 Expenses--Malnt,way 106,353 118,835 1,179,444 1,073,536 8,084 111,749 11,675 181,042 146,197 23,694 120,475 Maint,of equipm't_ 12,217 75,948 7,585 252,783 3,652,558 3,027,609 7,500 499,973 2,949 4,368 200 66 436 Traffic expenses__ 188,034 2,263,692 2,292,4 208.293 8.188,827 6.949,626 820,364 580,731 718.573 65,964 970,061 72,544 Transportation exp. 402,818 4.475,206 4,387,180 401,348 -306,18 828,196 1,249.983 152,375 77,050 Tot.exp..inel.oth. 153,40g -1 7746 -202,&26 250,652 ,77;6 --7407177 267,000 35,834 56,000 222,876 " M,7671 * - 25,690" 231,358 7,267 7 221,856 Net from railroad..__.. • -r,Or --32,24 546 1,646 51 19,558 246 19,162 12,733 41 Taxes (less war taxes)_ 400 Cr1,129 Cr17,339 15 19 -238,414 -1546,596 -647.417 Uncollectible revenue.. 131,568 -68,489 -235,986 -87,865 -6.177 203,707 -5,465 -217,483' 1,508,15 =343,676 Net after taxes. &c.. -805 --14,908 1 216,601=75 814 814 ="77M1 814 4,874 -814 1T67;61 415 27703 -Net after rents 415 415 415 71 71 71 71 Aver. miles of r'd oper. EARNINGS. -----Tann -771m .=-3-3-53)-o5' 6 =ism/ -48,n4 - r,--2 --2-iTu7--z---77-75r !---orrgus 12 RAILWAY EARNINGS St. Limb Transfer [VOL.110. Southern Railway System (Conti.) Southern Pacifi -Month of December- -Jan. 1 to Dec. c System (Cond.) 31Mobile & Ohio 1919. 1918. Louisiana Western 1919. 1918. -Month of December- -Jan. 1 to Dec. 31$ -Month of December- -Jan. 1 to Dec. 31$ $ $ 1919 191s. Freight revenue 1919 1918 1919 1918 1019 1018 1,225,863 1,035,144 12,527,834 11,903,287 Passenger revenue.._ _ 303,902 242,390 2,684,730 2,854,649 210,771 238,933 2,226,121 2,099.881 143,407 Tot.,incl. other rev. 115,565 1,357,107 1,241,013 119,697 64,360 1,144,253 1,080,329 1,518,453 1,341,675 15,636,714 14,840,901 Expenses-Maint.way 19,619 267,795 4,242 374,370 4,234,506 4,348,161 150,801 123,593 302,731 154,678 2,815.763 1,916,624 Maint. of equipm't_ Cr1,255 4,873 43,024 34,503 115,408 129,713 569,942 347,697 476,847 45-1.292 6.0 • I., 99 Traffic expenses 728.. 186 69,745 136 2,227 60,691 765,434 2,627 643,106 27,974 24,675 295,419 Transportation exp_ 362,043 61,081 40,161 4,943 545,196 3,977 621,666 50,573 66,268 678,469 591,608 7,372.566 6.697.082 Tot.efp.,incl.oth. 111,843 116,313 1,145,502 1,147,880 81,884 51,116 839,798 907,163 1,531,472 1,250,563 16,043,0 Net from failroad_ _ _ _ 45 14,131,172 240,992 226,853 2,683,:303 2,348,526 37,811 13,24d 304,454 173,165 -13,118 Taxes (less war taxes)_ 907511 '--4067330 154025 823 226,803 Cr2,582 147,511 1,551,292 1,999,635 2,039 1.417 Uncollectible revenue.. 45,000 50,378 588,022 525,234 04,501 14,386 3 194,395 166,670 65 57 Net after taxes, &c_ 1,558 2,248 205 144 36,988 525 15,826 2,895 302,415 171,744 -58,084 40,075 ---995,910 Net after rents 182,246 132,096 132,986 1,356,371 1,830,069 24,867 9,252' 234,897 78,958 -48,057 Aver. miles of r'd oper. 47, 70 -M 17- - 6-f3' 247,3118 6 123,12/ 6 123,206 1,281c7i71 1,826,615 - 6 6 997 991 996 991 207 207 207 207 San Antonio & Aransas Pass Southern Ry in Mississippi Morgan's Louisiana & Texas RR -Month of December- -Jan. 1 to Dec. 31-Month of December- -Jan. 1 to Dec. 31- EARNINGS. 1919. Month of December- -Jan. 1 to Dec. 311918. 1919. 191k 1919. 1918. 1919. $ 1918. 1919. $ 1918. $ 1919. $ 1918. $ Freight revenue $ $ 297,504 S 244,477 2,953,328 2,847,667 $ $ $ $ 119,932 Passenger revenue _ _ 109,734 1,119,616 113,370 876,967 699,049 101,193 1,280,224 1,214,504 631,601 5,469,544 5,897,356 81.015 75,532 621,899 525,754 Tot.,incl. other rev. 229,452 162,055 2,129,633 1,854,186 448,305 369,984 4,516,590 4,370,334 213,801 Expenses--Maint.way 195,544 1,864,983 1,519,495 127,36o 980,104 90,387 1,386,254 840,632 8,065,807 8,351,731 757,01.0 44,991 Maint. of equipm't_ 23,756 469,125 125,441 313,994 62.802 1,349,165 1,272,604 90,443 124,283 1,250,722 903,868 25,499 Traffic expenses.. 27,539 245,778 190,089 147,504 121,333 1,628,665 1,419,815 2,268 Transportation exp_ 2,891 29,465 265,337 28,237 9,897 185.517 2,425,218 2,105,524 6,009 98,446 92.534 87,083 83,837 950,141 763,971 Tot.exp.,incl.oth. 286,428 330,514 3,120,634 2,943,846 537,749 262,092 5,425,555 4,410,329 163,532 143,537 1.744.275 1,349,119 Net from railroad..__ _ 553,867 599,784 6,358,060 5,578,728 89,444 ----TXIOT --908,964 -39,995 - C-Taxes (less war taxes)_ 765 2 68 52,007 -726,76V 170,376 80,587 426,236 16,554 240,848 1, 07,746'2,7i- 775 245,587 181,554 N 9,000 Uncollectible revenue.. 10,000 106,500 109.000 97,273 38 26,763 1,604 431,581 1.726 346,981 10 2 512 Net after takes, &c_ --170,031 118 154 27 1,957 -8,701-1,156.156 -223,276 2.524 41.258 42,005 13,695 Net after rents 61,258 328,809 214,056 1,274,207 2,423,496 --155,259 573 -1,17 --129,475 Aver. miles of r'd oper. 19,402 40,678' 74,54' -40,70 3'12,10.' 175,26/'i,171I,ITI'2,363,144 736 732 l736 732 278 278 278 278 400 400 400 400 Seaboard Air Line Southern Pacific System Texas & New Orleans Month of December -Jan. 1 to Dec. 31Southern Pacific EARNINGS. -Month of December- -Jan. 1 to Dec. 1919. 1918. 1919. 1918. 31-Month of December- -Jan. 1 to Dec. 311919 1918. 1919 1918 1019 Freight revenue 191,4 1910 2,376,589 2,066,432 25,211,829 22,338,218 $ $ It Passenger revenue 971,922 1,241,762 12,423,850 13,175,582 9,116,186 9,453,016 112953,830 101958,575 536,030 391,506 5,374,159 4,952,781 4,207,158 3.474.417 43,109,587 39.324,652 , Tot.,Incl. other rev. 3,687,553 3,609,18 190,953 202,635 2,048,872 1,899,575 5 41,183,532 38,923,186 Expenses--Maint.way 673,738 805,901 593,842 6,374.713 5,186,136 14,684,114 13,961,659 169.728931 153948,645 626,972 8,140,177 7,445,599 2,407,638 2,311,923 25,171,876 18,719,062 Maint. of equipm't_ 910,078 1,027,213 8,982,486 9,108,666 117,769 184,929 1,455,442 Traffic expenses_ _ _ 3,088,488 3,857,106 33,037,723 28.165,935 75,181 217,658 55.405 162,851 2,276,384 761,439 769,236 Transportation exp_ 1,829,918 1.770,68 148,394 92,942 1,468,440 1,458,730 5,562 3,137 1 19,549,264 16,986,924 6,018,941 5,477.87 55,837 2 63.599.731 59.617,053 393,430 Tot.exp.,Incl.oth. 3,632,371 3,540,514 37,465,8 274,350 2.950,768 17 33,346,792 12,277,894 12,284.753 Net from railroad..__ _ 129448.484 113652,897 791,851 648,202 7,268,357 55,182 68,671 -3,17' - --g' 5,576,313 274-11771 Taxes (less war taxes)_ 06721V - 6 134,792 14,050 -21,229' 8717820 1,29)9 0126,894 1,619,792 1,469,434 - 388,682 1", 767066' MS07446'46C2- 6.713 Uncollectlble revenue_ 640,641 6,815,959 7.127,320 , 18,635 1,055 16,328 820 6,512 253,547 9.919 2.329 630 Net after taxes, &c.. --80,665 --59,04 29,456 1,201 41.327 I 78 5,603 3 2,091,409 4,096,959 2,015,207 1,035.63 4 33,434,940 33,127,096 I -5,786 -37,636 Net after rents 612,669 - 807214 ' -26,42d 1,852,29g 3,636,7E =1 Aver. miles of r'd oper. 7.177766 7,--41,454 -32,560,709 33,970,453 72 3,563 7761 -54,3213,563 3,563 57775 3,563 7,024 7,050 7,047 469 7,050 469 469 469 South Buffalo Arizona Eastern -Month of December- -Jan. 1 to Dec. 31Spokane International EARNINGS. Month of December- -Jan. 1 to Dec. 31- Month of November- -Jan. 1 to Nov. 301919. 1918. 1919. 1918. 1919. 191a. 1919. $ 1919. 1918. 1918. $ 1919 $ $ 1918. Freight revenue S 23,220 $ $ 49,745 375,222 $ 582,509 $ Passenger revenue...... 433,484 326,793 2,858,048 3,657,705 103,827 50,714 858,849 735,370 53.180 'rot., incl. other rev. 44.529 18,336 553,826 11,265 551.197 185,870 145,668 67.416 125,584 949.683 1,563,095 Expenses-Maint.way 315,208 393,432 3,681,306 7,478,691 124,379 11,722 73,542 1,072.680 . 912,903 127,626 74.309 190,525 Maint. of equipm't43,840 Cr70,917 27,245 Cr3,026 796,609 12,412 668,548 17,738 215,521 168,067 150,281 195,861 Traffic expenses.._ _ 54,976 26,145 9,829 608,546 563 8,164 602,705. 308 92,941 4,662 3,960 04,994 Transportation exp_ 3,251 1,793 77.522 27,094 1,542 26,107 74.885 19,075 598,098 16,422 840,070 110.594 122.003 1.220.377 1.216.865 41, Tot.exp.,inci.oth. 25021 28,218 356.579 302,337 94,452 123,318 871,538 1,252,701 217.787 Net from railroad_ _ _ _ 77.203 2.801.78g 2.736.506 85.361 54,739 731,576 605,200 -27,036 2,266 ig,141' , Taxes (less war taxes)_ 97,421 316,228 r879,518 1,742.184 --T?- 96 ` rosn -Cr11,326 17,102 iiirrus --wrrn 29,006 32,502 Uncollectible revenue_ 28,105 6,656 249,903 193,807 3,202 51.238 36,248 305 Net after taxes, &c.. 75 934 1.032 38 75 15,709 --14.837 49.138 277,891 69.010 , 309.496 Net after rents -628.680 -1,547,344 ----31 8,_ 21 15,562 289.864 271,379 277(Y7l -7,595 -13,609 125,0ig -Aver. miles of r'd oper. 59,382 309,29 7775.758K-3 7 1,472,2V - 4 1f 77117f =IA" 23/, 11 36 11 36 377 377 156 377 377 163 Southern Railway System Galveston Harrisburg & San Antonio Spokane Portland & Seattle Southown Railway EARNINGS. Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan.. 1to Month of December- -Jan. 1 to Dec. 31- 1565f1 Dec. 311 1919. 1918. 1919. 1919. 1919. 1918. 1918. 1918.1919 1918 1918, Freight revenue $ $ $ Passenger revenue .._ _ 8,164,579 6,737,696 81,811,428 76,183,282 1,755,252 1,213,579 15,449,482 14,708,7 331,410 3.321.063 3.291.513 36.839.905 40.568.658 526,475 4,023,534 5,952,144 80 467.830 547,140 5.468,207 5,274,233 Tot.,incl. other rev. 12,858.7 155.281 151,690 1,841,587 1,972,328 80 10,727,373 129787,811 126574,296 Expenses-Maint.waY 2,156,869 1,038,536 532,701 728,507 7,275,263 8,496,944 24,169,451 13,568,310 2.333,202 1,850,416 21,957,495 21,273,847 Maint. of equiptn't_ 240,410 205,439 3,005,164 2,335,956 137,230 257,310 1,235,183 1,297,181 Traffic expenses_ _ _ 2,321,999 2,124,699 27,467,880 24,570,010 459,601 361,717 4,849,732 3,799,4'79 95,328 75,643 1,006,7(17 170,941 101,992 1,554,890 1,493,452 975,802 Transportation exp_ 5.506.69 19,503 8.110 5,5373,924 210,306 276,788 0 4,651.403 56,335.717 48,772.492 73,684 65,479 769.043 709,721 7,968,686 7,864,672 249.068 231.5)2 2.514.916 2,589,222 Tot.exp.,Incl.oth. 10,532,633 8,272.80 7 113744,812 91,810.425 1.564.238 l,:353,29 Net from railroad 0 16,863,755 14,986,129 7514,8 5 591.138 71771 9 1-5,4ffil.' 4 7r 75 Taxes (less war taxes)_ 2,326,1- 6 2.4547a 16,042,999 T1,764,811 768,963 497,125 5,093,739 67287771Y 17,836 137,369 2,170,824 37300,676 .413,542 315,897 4,042,115 3,742,144 Uncollectible revenue.. 154,046 3,823 75,000 735,864 59,200 622,287 6.363 5,998 742,000 810,005 74,285 45.102 2.334 2,6-3 Net after taxes, &c_ 1.906.24 103 7,367 13 5,850 602 565 0 2.132.669 11.926.597 30,976,624 612,883 Net after tents 490.678 4,350,508 .. 5,659.579 Cr57,266 78.155 _j _1 42_8,221 2,_... 099 . „ _.490 Aver. miles of r'd oper. 1,698,41X 2,111,87t3 17E1.e10 29,491.869 502,448 453,868 Cr59,298' ' === 4,018.183 5,347,757 a77i3 - - - - " 6,982 ,(1:1-1 75 01 . 6,982 6,982 2,WO 6,982 -A66 1,381 1,382 538 538 1,381 1,371 538 538 Alabama Great Southern Houston & Texas Central Stath5n Island Rapid Transit -Month of December- -Jan. 1 to Dec. 31- Month of December- -Jan. 1 to Dec. 31- -Month of Decembe EARNINGS. r- -Jan. 1 to Dec. 311919. 1918. 1919 1918 1919. 1918. 1919. .qp. 1,1T 1918. $ 1 s S S Freight revenue s Q f s s 691,404 653,717 7,470,847 6,371,190 726,844 Passenger revenue_ _ _ 539,464 6,502,063 6,189,186 79,309 93,452 1,9 6,267 215.636 209.836 2.476.752 2.356.193 02(1 1 4 1; 8 181165 9 269.167 210,366 2,648,700 2,212,798, 00.99:1 Tot.,incl. other rev. 63.844 939,465 821,574 970,249 915,858£10,529,739 9,296,634 1,060,420 801,053 9,720,533 9,041,980, Expenses-Maint.waY 162,860 179,163 2,244,671 1,934,751 156,668 58,346 1,513,343 734,758 180,215 Maint. of equipm't_ 143,892 1,757,962 1,203,144 3 , 185,849 , 266,802 2,587,465 2,323,722 9 Traffic expenses...... 182,907 62,999 1,797,851 1,500,931 3""•,-•,-'"n') 3 I"0 22 '" 14,636 5,834 160,372 147,681 7,144 Transportation exp _ Cr3,463 80,030 109,921 1,317 798 299.644 394,280 3,906.049 3.679.411 12,827 15,355 409.013 289,331 3.905,528 3,364,058 107.911 Tot.exp.,Incl.oth. 94,805 1.198.622 973.095 685.109 743,596 8.463,776 7.104,514 798,166 509,160 7,777,320 6,397,0101 Net from railroad.. _ _ _ T78,697 162,5:37 1,962,2:15 1,700,425 285,140 172,262' ,065,962 2.103,120 2 -Taxes (less war taxes). ' 291,893 1,943,212 2,64T, 18, -15,836 9 113i77ZA 36,933 32,650 285,014 264,596 76,189 Uncollectible revenue_ '15,655 455,494 406,118 Cr16,803 17,770 25 177,803 21 141,770 1,418 3,110 318 257 3,909 011 Net after taxes, &c_ 2,739 622 27 248,180 139,590 1.779.530 1.925,412 185,746 275,980 1.43:1,807 2,4:16,1121 -32.646 Net after rents --1,144 93,960 92,526 192,254" 1:32W3' 1,489,17 '2,03471 -Aver. miles of r'd oper. 178,732 276,645 1,516,654 2,486,306 1' -3,1' 312 312 51751 =CM 312 312 847 887 847 928 23 23 23 23 Georgia Southern & Florida Houston East & West Texas Tennessee Central -Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. EARNINGS. 1 to Dec. 31- -Month of December- -Jan. 1 to 1910. 191g. 1919. Dec. 311919. 1918. 1919. 1919 1918. 1918. 1!t19. S $ 1918. Freight revenue s s S $ t s 257,544 239,386 2,783,070 2,2 1:924 $ Passenger revenue 0D 192 157.097 127,284 1,716,604 1,463,317 139,849 166,182 1,775,940 1,936,892 155,434 149,879 1.226.272 1.127.735 60.959 59.473 566.552 Tot., incl. other rev. 47.958 502,088 67,640 576,100 937,068 440,668 421,572 4,374,501 3,694.800 Expenses-Malut.way 320,842 196,528 2,396,164 2,087,716 199,761 245,094 2,489,537 3,011,822 72.020 71,041 740,901 567,370 MMHG. of equipm't_ 35,198 52,296 417,799 48,457 326,883 75,753 847,992 100.008 80,152 1,051,681 669,932 934,927 Traffic 28,927 35,602 310,970 _ 288,956 39,460 92,092 616,480 5,691 4,105. 672,353 , 7 1,333 Transportation exp.. 666 expenses..12,127 18,377 6,317 928 215.334 40,259 161,344 2,099.221 1.555.758 28,806 108,370 82,866 1,105,820 222.044 889.239 111,610 1,246,550 1,258,519 Tot.exp.,Incl.oth. 405.304 :127.802 4,103,923 3,249.537 . 175,887 176.426 1,896,862 1,566,078 Net from railroad_ 211,957 286.326 2,826,466 2,712,527 35,364 252,577 Taxes (less war taxes). 7 --- 0 I 445,2 54,954 20.102 499,301 5 1 2= -12,196 -41,232 -33 28 21,245 119,298 188,553 29070$ Uncollectible revenue_ 171,429 21,836 2,112 91,070 7,000 72,927 5,450 65,350 292 61 78,526 970 920 355 86 1.723 Net after taxes, &c_ 485 2 14 219 366 13.826 74.409 63.053 272,913 32,764 16.902 406,507 Net after rents 448,324 -19 198 -46,696 102,498 220,392 23,297 -taxi' Aver. miles of r'd oper. 243181 15,228 369,m --44,045 =Iran530Wb 402 402 4,744 402 402 190 190 190 190 292 293 2J2 293 EARNINGS. 13 RAILWAY EARNINGS FEB. 1920.] Wabash Union Pacific System (Cond.) -Month of December- -Jan. 1 to Dec. 31Naviga 1918. 1919. Oregon-Washington RR & to Dec. tion 1918. 1919. 31Terminal Railroad S $ Month of December- -Jan. 1 $ S 1918 1919. -Month of December- -Jan. 1 to Dec. 31242 1918 EARNINGS. 1919. 1918. 3,314,678 3,247,001 35,255,547 34,498, 58 1919. 064 1918. 1919. 1,396,848 1,658,661 19,413,730 17,896, 89 832.148 10,143,356 9,993,3 893,968 504,218 6,770,652 6,239,2 Freight revenue 564,594 39,990 40,755 3,873 71 4,556,981 48,847,085 48,246,411 3,321 Passenger revenue... _ 2,342,623 28,367,603 26,264,956 4,622,1 686.325 8,086,880 6,104,353 700,420 315,142 4,002,716 3,882,409 2,166,961 412,744 528,740 5,016,131 4,162,528 Tot.,Incl. other rev. 398,074 702,105 9,358,676 9,497,764 741,837 900,976 898,095 73 110,660 66,202 711,877 158,630 4,443,018 3,629,1 657,109 410,008 Expenses-Maint.way 43,421 553,099 57,917 607,309 9,400 379,238 357,752 30,178 32,477 of equipm't_ Maint. 35,341 10,038 37 2,191,277 24,610,614 22,489,629 10,309 765 1,444 908,323 11,478,429 10,100,012 2,476,3 Traffic expenses.._ _ 44,391,737 40,124,609 1,877,713 1,798,693 1,115,629 164,429 80 3,742,155 215,541 Transportation exp_ 1,755,105 22,737,662 19,731,478 4,297,4 291,776 3,495,235 3,193,111 2,092.358 814,04 4,455,348 8,121,80/ 320,701 32T7401 ' Tot.exp.,Incl.oth. 587,51g 5,62 , 40 6,533,4,4 74,602 101,106 1,303,123 1,334,102 689,297 102,163 ' 23,366 1- 7(774 1,512,046 92,043 2,301 153,920 1,598,136 9,176 Net from rallroad.._ _ _ 346,552 216 400,828 4,356 370,830 2,288 36,987 47,264. 4,006 37 209 Taxes (less war taxes)_ 89 289 713,503 3,143,048 6,785,397 218,171 Uncollectible revenue.. 433,560 4,027,798 5,019,143 -272,159 288,379 831,151 3,715,511 136,361 47 .010 44,779 -13,621 84,078 Net after taxes__ _ 2,512 375,413 3,170,344 4,486',403 2,503 2,503 1,856,682 -291,337 2,503 0 2,066 125,000 it- 1,11 2,070 - .-- 1817671 2,069 rents Net after 2,070 36 36 36 36 Aver. miles of r'd oper. Western Maryland Dec. 31ny Total Compa St Louis Merchants Bridge & Terminal -Month:of December- -Jan. 1 to 1918 h of December- -Jan. 1 to Dec. 311919. 1918. 1919. 1918. -Month of December- -Jan. 1 to Dec. 31- -Mont 1919. $ 1918, S 1919. 1918. $ 1919. $ 1918. 2 1919. i 2 EARNINGS. 2 $ $ 909,332 1,567,502 12,219,513 13,528,179 $ $ 128975,830 116315,988 9,805,894 10,527,942 83,103 1,077,210 1,004,670 81,813 036 Freight revenue 6,886 2,809,854 2,497,516 35,766,515 30,180, ro2,361 7,525 2,166 565 1,745,627 14,610,409 15,."Passenger revenue _ _ _ 016 177447,697 158845,173 1,111,645 366,620 2,809,337 2,861,071 367,626 250,284 3,217,134 3,620,589 13,931,274 14,122, 84 25,719,045 19,531,522 363,521 85 2,201,0 Tot..Incl. other rev. 5,055,826 4,713,553 489,078 2,057,2 403,358 662,672 549,551 33,610 883 66,714 234,531 216,873 Expenses-Maint.way 15,432 503,945 3,063,050 2,404,574 31,460,939 25,155, 20 441,953 21,369 14,283 4,840 85,371 1,109,860 1,362,8 Maint. of equipm't_ 100,864 9,694 612,568 5,811,003 7,153,139 9,017 577,617 768 780 63 4,716,149 54,817,313 47,461,551 Traffic expenses_ __ 226,096 2,356,158 2.395,365 5,392,7 250,105 1,577,411 1,458,868 14,591,767 15,526,447 Transportation exp.. 121772,704 101218,775 18,641 -124= 279,076 3 543,419 3,470,013 21,420,851 10,237,758 286,75 337,940 ,30 -465,768 Tot.exp.,Incl.oth. 518,400 3 7, 518,400 150,575 2,510,42d7;§. 17251 55,674,00 57:62i3 10 43,200 43,200 25,581-2g,701 -J26,285 433 792,928 7,072,841 6,986,4 .._ _ _ 4,960 Net from rallroad 437 101,551 1,049,674 100,050 4,960 8,695 10,345 10.152 16,128 1,014 001 Taxes (less war taxes).. 369 9 --504,718 --642,929 243,125 tincollectible revenue.. 48,586,020 50,629,640 --513,925 48,655 1,459,844 3,090,313 15,428 -37,486 -426,345 941 In 201,1g1. -161,533 '-'192.46 Net after taxes, &c.. .A707 3,030,998 46,682,664'50,808,238 '-438, 689 is 698 1:707 8,015 12, 84 -48,394 -423,102 --106,555 1,421,515 8,031 ,,,- ... •,,..1...^..-:-.............. 8,030 8,031 Net after rents 9 9 9 9 rn Pacific Aver. miles of r'd oper. Weste St Joseph & Grand Island h of December- -Jan. 1 to Dec. 31Texas & Pacific 1918. h of December- -Jan. 1 to Dec. 31- -Mont 1919. 1918. 1919. 1918. -Month of December- -Jan. 1 to Dec. 31- -Mont 1919. $ 1918. S 1919. 1918. $ S 1919. 1918. $ 1919. $ $ $ EARNINGS. 781,066 11,227,664 9,187,872 $ 2 1,078,994 3 2 134,121 2,271,926 2,044,733 181,471 66,947 1,912,422 1,373,496 17,996,086 158.971 375,743 2,200,235 2,035,015 23,575,336 7,449,816 504,880 33,915 38,618 Freight revenue 765,203 10,676,692 891,643 13,657,296 11,065,962 17 Passenger revenue _ 1,179,786 183,523 2,932,822 2,588,577 1,291,0 5 23T- g 263,072 2,524,159 2,034,146 138,102 551,288 3,613,746 3,053,094 36,212,437 27,294,833 607,363 73,884 Tot.,Incl. other rev. 36,023 219,088 2,256,687 1,634,999 204,756 329,369 5,118,022 3,610,862 463,692 527,635 474,821 187,703 31,667 153,852 33.442 Expenses-Maint.way 15,291 5,130,583 15,666 673,352 7,716,050 26,197 739,503 24,485 2,186 Maint. of equipm't_ 2,406 294,427 408,225 4,075,386 3,625,271 305,174 384,465 12,921 30,408 146,277 1,578,100 1,400,905 Traffic expenses--- 1,539.511 1,453,247 15,827,618 11,894,810 148,374 84 7,891,617 938,501 9,545,2 790,439 284,433 2,559,030 Transportation exp.. 269,669 239,077 ,34.T 04 2,545,219 30,137,572 21,900.380 . = ' 41 500,578 -- .i,T358 4,112,01f 3,1/4 ' 88,389 Tot.exp.,Incl.oth. 2,945,1 7 600,975 -5,521 :"-W10 585,264 103,660 62,874 507,87611774,W 5,394,452 668,642 '112,644 130,703 1;759 17,972 Net from rallroad..__ _ 1,250 16,579 21 234 1,222,478 1,086,634 102,943 43 138,900 116 16 Taxes (leas war taxes)_ 6,506 7,546 841 198 437,469 -150,540 3,515,497 2,571,609 Uncollectible revenue.. 19 -42,430 -83,141 6761 404,089 4,844,83g 4,301,251 --24,117 --104,1 529,543 -,61 -140,4 35 -1,041 2,575,300 490 526 &c_ Net after taxes, :777.705 '!--10, 7 1,011 ' 1,011 3,707,266 '"=-15,154 1,011 282,D32 3,602,451 248 314,45d 258 258 after rents 258 Net 1,946 .1,946 1,946 1,946 Aver. miles of r'd oper. Western Ry if Alabama 31ia) Union RR (of Pennsylvan 31- -Month of December- -Jan. 1 to Dec. Toted* St Louis & Western --Jan. 1 to Dec. h of December 1918. 1919. 1918. 1919. -Month of December- -Jan. 1 to Dec. 31- -Mont 1918. 1912. 2 2 1212. 2 1918. 1919. S 1918. 1*1t NGS. EARNI 2 136,929 1,402,227 1,425,799 2 125,281 2 2 941,306 954,420 96.998 80,125 658,248 7,419,636 7,266,395 784,882 Freight revenue 899,372 452.877 41,113 245,164 2,546,170 2,554,202 25,531 223,417 Passenger revenue_ 646,164 7,770/5 176713513 291,970 593,796 314,119 19,660 25,483 1387050 8,267,877 8,306,127 615,736 844,063- 527,455 53,017 1.050,544 Tot.,Incl. other rev. 518,549 16 ' 118,557 53,164 41,896 117,318 1,475,280 1,365,5 108,763 43,376 140,544 2,357.532 1,928,731 40,191 210,140 Expenses-Malnt.way 2,127 6,377 131,678 1,821,103 1,737,323 3,8.07 195,491 3,625 602 874,078 818 Maint. of equipm't_ 922,831 116,920 99,899 72,625 10,804 4,016 6,657 324,696 4,246,850 3,728,456 Traffic expenses.._.. 415,793 29 259,266 3,440.980 3,087,8 184,598 1,915,587 1,844.738 352,166 154,669 Transportation exp. 528,446 7,749.697 6,355,141 756,149 71177T 520 641 6,944,945 6,424.137 60,566 " OTTO 671,964 723,172 Tot.exp.,Incl.oth. 30,421 . ,Virg. 83,337 = 72,436 6,737 32 1,881,989 -162,35/ 1,063 21 ,40g 1,322,9 87,981 172,008 91,451 25 3,645 6 9,470 Net from railroad.. _ _ 274,200, 315,600 26,000 6 26,000 9 9 Taxes (lens war taxes).. 170 629,641 130 558,140 3 53,829 69,811 635,184 D'ncollectible revenue_ 114,072 -130,882 UMW 558,800 191,408 1,007,801 1,607,619 -171,831 146,095 52,18, 1,675 Net after taxes, &c_ 417,18g 133 150,806 133 133 13747A 1,241,18/ -155,524 133 167;701 ---7 35 103,032 40 35 Net after rents 40 454 454 454 454 Aver. miles of r'd oper. N4rhe)eling & Lake1Erie 31Utah h of December- -Jan. to Dec. Ulster & DilikInure • 1918.. of December- -Jan. 1 to Dec. 31- -Mont 1919. 1918. 1919. -Month of December- -Jan. 1 to Dec. 31- -Month 1918. 1919. $ 1918. $ 1919. 2 1918. S 1919. 1918. 1919. $ $ $ EARNINGS. $ 824,022 10,682,085 11,970,359 $ 2 803,838 2 485,487 118,709 1,301,109 1,394419 677.875 169,048 51,222 524,790 659,782 66,669 23,630 45,993 6,879 6.785 422 Freight revenue 764 379.912 321,370 13,137 18,925 951,455 12,600,839 13,592,172 957,643 Passenger revenue.._ _ 120,095 1.309,8(7 1,409,235 2,999,711 3,201,985 169,187 192,944 164,181 55.862 1.215,809 1,006,444 90,237 177,963 164,664 13,465 Tot.,incl. other rev. 11,074 276,472 2,357,254 2,092.863 180,412 200,692 251,330 17,620 19,011 190,726 263,894 84,078 28,506 75,176 26,264 6,165 Exponses--Maint.waY 186,828 230,877 5,787 17,827 22,127 2,011 2,474 150 Maint. of equipml.. 245 15,797 487,261 5,100,797 5,555,554 18,588 437,167 1,355 3,805 266,637 263.269 19,669 Traffic expenses 34,618 574,317 794,873 10,869,538 11t5135 42,501 989,138 72,820 885,990 704,530 Transportation exp.. 720.536 67.513 74.69. 83,435 1,304,324 1,014,643 117,884 V1:0 -37,683 1,731,3(77' 2,328,320 704,704 -Tot.exp.,Inel.oth. 589,329 662,016 52,582 719,262 94,508 72,800 -8,1 77788,5El 83,837 -27,647 --27,573" 39,707 48,560 640 2,882 Net from railroad_ 2,286 3,028 39 55,420 54,600 1,198 4,820 4,800 1 Taxes (lees war taxes).. 1 118 77 1,009.752 1,663,663 57 Uncollectible revenue_ 664,997 -13,382 -110,523 540.766 49,700 91.478 92 -63,739 1,048,582 4 '--32,447 --32,451 -143,1 Not after taxes, &c_ 7277 589,157 -64,101 ---8,5"/7 9'33873,., 511 43,549511 83,852 511 :T53O3 --57,849 511 98 -34,263 -32,284 77 98 98 Net after rents 98 128 128 128 128 North Aver. miles of r'd oper. c Wichita Falls &-Jan. 1 western Vieksburg Shreveport & Pacifi -Month of Decemberto Dec. 31Union Pacific trstem 1918. -Month of December- -Jan. 1 to Dec. 311919. 1918. Union Pacific 1919. 1918. 1919. $ 1918. it 1919. S $ December- -Jan. 1 to Dec. 31-Month of i $ EARNINGS. 683,259 $ $ 1,695,831 1918. 63,360 1219. 138,635 1916. 1919. 211,976 2.075,838 1,577,514 296,971 152,308 506,364 26,594 50,028 55 6,468,879 80,761,292 72,679,801 809,357 6,060,2 998,788 102,224 Freight revenue 117,196 96,957 2,308,744 1,068,157 1,675,787 1,534,164 21,944,240 18,055,066 202,370 aasenger revenue 323.798 3,323,329 2,689,104 369,981 294,403 670,857 35,926 514 98,443,364 64,377 374,841 542,331 48,199 Tot.,Incl. other rev. 8,603,326 8,732,532 110619, 307 10,766,975 287,857 32,052 366,050 37,955 15,177, 69,996 37 634,455 722,051 70,100 12,722 Expenses---Maint.way 1,302,749 1,196,630 20,793,022 16,413,257 66,610 16,997 132 2,164 1,730.712 46,031 t_ 2,087,9 54,681 Maint. of equipm' 2,825 650,769 9,540 79,877 1,289,840 736,706 550,312 153,570 38,727 46,575 Traffic expenses 132,802 1,223,695 1,029,124 129,598 797 214 27,332, 159,780 2,425,562 1,389,803 298,071 Transportation exp.. 3,201,138 2,791,553 32,023, 264,057 2,693,383 2,223,356 251,790 678 59,877,810 -321,64g 0 Tot.exp.,Incl.oth. 7,146 107 6,311,125 73,036, 465,741 -95,700 --64 2 -116,811 I M7473 " W7T.108,808 42,611 117,624 10,024 t6,882,835 38,565,554 11,178 132,586 1,457,214 L421,406 149,127 26,416 Net from railroad.... 160 6,572 744 21 68 57 346,259 3,303,237 3,446,3 323 443,387 500 5 Taxes (less war taxes). 11 4,854 9,561 804 -72,914 -235,186 -430,614 519 Uncollectible revenue.. 332,837 -106.936 480,317 33,319 36,029 35,114,378 8 -3 ,Wt -73,072 =407,171 •-489,5i3 Net after taxes, &c.. 1,0133i2 _2074,343 33,570,036 522,495 .-1 - - ' 447,387 I6,713 27,886 .A328 - .;;.• As,c328_444= 999,886 767 ,r73O 32,778,784 35,616,553 171 4,4Aggi328 . 128;,.1 171 171 Net after rents 171 3,624 3,614 3,614 3,614 , Aver. miles of r'd oper. & Mississippi Valler..1 iNYasoe Virginian er- -Jan. 1 to Dec. 31Oregon Short Line er- -Jan. 1 to Dec. 31- =Month of Decemb 1918. 1919. 1918. er- -Jan. 1 to Dec. 31- -Month of Decemb 1919. -Month of Decemb 1918. 1919. 1918. 1919. $ 2 1918. S 1919. 2 1918. $ 1919. $ $ EARNINGS. S 2 20 18,255.196 17,074,083 2 2 2 753,567 10,268,428 10,478,638 1,509,092 1,703,8 940,055 808 25,041,123 604,524 5,605,017 4,456,277 698,165 637,647 2,348,791 2,400,402 28,800, 23 5,885,681 722,910 Freight revenue 68,301 69,473 459,134 7,051,6 569,473 -g 2,398,801 24,952,130 22,477,008 Passenger revenue _ 887,349 12,075,305 11,903,444 2,315,9 49 853 1,082,469 316,474 4,073,202 3,053,236 443,086 Tot., Incl. other rev. 3,160,987 3,046,862 38,260,580 34,136, 19 192,952 1,838,772 1,532,407 139,017 596,008 5,596,600 4,777,3 475,714 5,525,607 4,602,0 560,565 10 356,474 300,191 2,662,385 2,676,0 187,575 Expenses-Maint.way 269,465 191,512 99 5,113,453 15,141 515,232 6,224,8 17,922 565,093 69,028 56,342 Maint. of equipm't_ 4,975 4,264 246,876 863,964 9,114,323 8,183,362 201,296 14,167 992,387 18,948 Traffic expenses_ 505,007 4,421,505 4,815,018 479,913 660 10,028,742 27 19,285,122 16.731,537 Transportation exp. 1,075,996 1,016,273 11,315, 1,027,590 9,175,000 0,277,017 2,056,444 1,846,7 909,243 487 71 Tot.exp.,Incl.oth. 2,182,386 2,171,528 25,098,364 21,609, 260,464 =2M 5,66'7,90/ 5,745,4 0667(1) 812.300 5 =-76:111 1799,381 7 123,257 875,333 751271i3 12,527,366 " 1.73.22 99,583 978,606 469,030 433,200 37,300 2,452 Net from railroad_ _ _ _ 70,000 3,217 43 440 292,749 2,171,488 2,028,043 45 259,735 235 Taxes (less war taxes).. 4 3,203 2,561 173 173 428,773 4,864.408 C930,718 160,440 UneollectIblo revenue.. 103,220 -177,541 2,466.,868 2,159,451 582,410 10 988,186 10,496,119 718 691 405,894 771477113 11,499, Net after taxes, Ste_ 11,284 -218,265 2,541,112 1.848,259 1,382 1,381 1,382 10,733,53g 10,703,19/ 581,844 1,381 519 71S96(1 522 Net after rents 520 523 2.325 2,347 2,347 2,347 Aver. miles of r'd oper. of St Louis Terminal RR Associntion of St Louis Associa -1,455,91d • • A 115,480 --- 14 RAILWAY EARNINGS [VOL. llo. COMPANY RETURNS All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commission at Washington. A few railroad companies still issue monthly statements of their own, though under Government control the number of these has been greatly reduced. The form of these company returns is often different from that prescribed by the Commerce Commission. In some instances the figures in the two returns correspond, but the company statements go beyon d the requirements of the Commission and give fixed charges and income from investments in addition to earnin gs and expenses. It is our purpose that each issue of the "Railway Earnings Section" shall furnish an absolutely complete record of all monthly returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring together here all the compa ny statements (few though they be) where they differ in any way from the returns to the Commission, or where they embrace more facts than are contained in such returns. In these instances, of course, uniformity is lacking. Each company makes up its statement according to its own conception of what will serve best to conve y a correct idea of the course of its income in the distinctive circumstances that may attend its operations or the character of its business. We in turn give the statements in the precise form furnished by the companies. Obviou sly, we cannot undertake to reconcile differences or discrepancies that may appear between the company figures and the Inter-State Commerce returns. It should be distinctly understood that where the company statem ents are identical with those rendered to the Commerce Commission, and do not include any additional items, we do not undertake to repeat them here. In such eases the reader must look for the figures among the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission. Bellefonte Central Gross receipts Operation Net Interest and taxes Surplus -Month of December- -Jan. 1 to Dec. 311919. 1918. 1919. 1918. 5 S S 3 8.948 8,239 102,280 86,752 8,664 7,378 91,528 76,944 284 361 10,752 11,808 94 210 1,330 2,520 190 651 9,422 9,288 Chicago Great Western -Manth of July- -Jan. 1 to July 31- 1918. $ Miles operated 1,496 Total operating revenues 1,712,829 Total operating expenses 1.405.553 Net revenue from railroad operation 307,276 Net income after charges 86.821 1917. 1918. 1917. $ $ $ 1,496 1,378.105 10,123,320 9,212,981 1,026.810 9,295.096 7.052.760 351,295 828,224 125,946 def736.485 2.160,221 740.564 New York Chicago & St Louis -Month of December- -Jan. 1 to Dec. 311919. 1918. 1919. 5 3 $ Operating revenues 2,125,633 2,505,361 23,475.552 22, 9 8 81 1 58,3 6 . -Month of December- -Jan. 1 to Dec. 31- Operating expenses 1,801,108 1,746,974 18,317,802 17,489,757 Net operating revenue 1919. 1918. 1919. 1918. ---324,5- - 758,387 5,157,75 2 -- 5,166,624 6 Tar und uncollectible railway r yen e S sa 5 S .5 Operating revenues 1,005,819 1,606,733 13,955,591 18,479,658 85,396 127,531 Operating expenses 631,398 647,687 1,309,219 1,570,366 15,028,726 17,577,207 Operating income 239,129 630,856 4,526,352 4,518,937 Net revenue -303,400 36,367-1,073,135 902,451 Other income 14,762 Railway tax accruals 49,043 148,385 172,927 503 280,000 Gross income 294,580 Uncollectible railway revenue 253,891 679,899 4,01,737 4,691,864 5 7104 572 343 Deductions from inc Railway operating income 54*956 _ ome_ 55 977 641,293 _2 783,515 _ -303,405 35,760-1,353,707 Net income 607,528 Equipment & joint facility rents 197,914 624,943 4,033,444 3,908,346 119,742 49,514 304,731 419,990 Not -183,663 85,274-1,018,976 1,027.518 New York Ontario & Western -Month of July- -Jan.110 July 311918. 1917. 1918. 1917. $ $ $ Operating revenue $ 958,072 6,090,513 5.067,709 Operyting expenses, taxes and un- 1,314,416 Fonda Johnstown & Gloversville collectible revenue 826,893 601,149 5.473,009 3,848,758 Net revenue -Month of December- -Jan. 1 to Dcc. 31- Other income 487,523 356,923 617,504 1,218,951 and deductions, not.. 113,843 1919. 112.208 1918. 819,388 1919. 720.273 1918. Net income 3 s s 373,680 244 71,5 -201.882 s Total railway operating revenues_ 498.678 99,156 112,064 1,123,137 1,251,651 Railway operating expenses 66.091 69,379 696,889 803,399 Toledo Peoria & Western Net revenue from railway oper 33,065 42,685 426,248 -Month of August- -Jan. 1 to Aug. 448.257 Railway tax accruals 313,223 6,684 65,522 1918. 64,584 1917. 1918. Railway operating income 1917. 29,842 5 37,001 5' 370,726 $ 383,668 Railroad and outside revenue Miscellaneous operating income,.. 163,281 -555 117,103 1,014,278 -1,198 4,540 7,938 Operating expenses 843,268 Total operating income 132,824 106.419 1,010.748 29,287 35,803 774.524 375,266 391.606 Non-operating income Net earnings 30.457 1,365 10.684 -582 33,371 3,530 36,730 Other income 68,744 Gross income 7.810 15.010 126,150 30,652 152.179 35,221 408,637 428,336 Total deductions from gross income Total net income 32,154 38,267 25,694 31,690 393,701 129.64 372,549 Fixed charges, &e 220,928 Net Income 6.596 8.880 71.481 -1.502 181,1161 3,531 14,936 55,787 Surplus 31.671 18,814 58.109 39.921 Buffalo Rochester & Pittsburgh -a • •