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RAILWAY EARNINGS
SECTION OF THE

COMMERCIAL

8t

FINANCIAL CHRONICLE

Copyrighted in 1919 according to Act of Congress, by WILLIAM B. DANA COMPANY,in office of Librarian of Congress, Washington, D.C.
..............................................,.........,..............
...........................................

NEW YORK, FEBRUARY 15, 1919.

VOL. 108.
...._

NO. 2799.

T

HIS entire publication is devoted to a presentation of the reports of earnings and
expenses of United States railroads for the latest month (December)and for the
calendar year to date, including said months. The table embraces every
steam operating railroad in the country which is obliged to make monthly
reports to the Inter-State Commerce Commission at Washington. Returns are now
required only from carriers whose railway operating revenues, or gross earnings, exceed
$1,000,000 per annum.
The figures are a transcript of the sworn returns on file at WashingSworn Returns. ton. They have the further advantage of uniformity of method
and classification. Every company is obliged to make up its returns on the same basis
and in the same way as every other company.
The "Chronicle" has always made a specialty of weekly and monthly
Earnings
reports of railroad earnings, and for nearly fifty years its weekly
Our Specialty,
and monthly summaries have been everywhere accepted as authoritative. The present publication is in continuation of this work.
These Inter-State Commerce returns also make it possible for us
Full Details.
to present full details of both the revenues and expenses. Besides
showing total gross earnings, we indicate separately the passenger and the freight revenues.
In the case of the expenditures we report the outlays for both maintenance of way and
maintenance of equipment as well as the traffic and transportation expenses. We also
show the railway tax accruals (less War Taxes) and the net earnings after the deduction
of such taxes and the comparatively trifling item of uncollectible railway revenues. In
addition, we indicate the net earnings remaining after the deduction of certain rents, namely
equipment rents and joint facility rent. Lastly, we show the Federal War Taxes, the
carriers being obliged themselves to meet these taxes out of the rental received from the
Government. We conclude by giving the miles operated on which the earnings are based.
The cents we have necessarily been obliged to discard altogether, and
Cents Discarded. if in any case the results should happen to vary a dollar, one way or
the other, from exact proof, the reason for the variance will be found in that circumstance.
publication absolutely complete, we add statements
To
Company Returns at make this show also the figures issued by the companies themthe end to
Also Given.
selves, where they are made up on a basis different from that of the
Commerce Commission returns, or where they give fixed charges in addition to earnings, or
where they have a separate and distinct fiscal year.
The matter contained in this extra and novel publication is entirely
Other Returns
additional to the comprehensive reports of earnings we furnish in the
Continued,
"Chronicle" from week to week. All the returns of the leading roads,
and also all weekly figures of gross earnings, are printed regularly and promptly in the
"Chronicle" as soon as received. But in addition we issue once a month—say about the
15th—this special publication, furnishing a sort of compendium of earnings in which we
bring together all the returns for the latest month which are available.
As in the case of our numerous other Supplements or "Sections," all
Only for
of which are expensive publications, the "Railway Earnings Section"
Subscribers,
will be furnished only to "Chronicle" subscribers. These will receive
it free of charge, one copy going with each subscription. It will be impossible to obtain
copies in any other way, as none will be printed for general sale.

WILLIAM B. DANA COMPANY, PUBLISHERS
NEW YORK
CHRONICLE BUILDING




FRONT, PINE & DEPEYSTER STREETS

\

.

•




3

RAILWAY EARNINGS

FEB., 1919.]

GENERAL INDEX
TO ROADS APPEARING IN THIS SECTION.
Page
Name—
4
• labama & Vicksburg
• labama Great Southern. See Southern_12
• nn Arbor
• 'zona Eastern. See Southern Pacific_12
4
• Willson Topeka & Santa Fe
4
• tlanta & West Point
4
• tlanta Birmingham & Atlantic
• tlantic & St. Lawrence. See Grd. Trk.
7
Lines. in New England
4
• tlantio City
4
• tlantic Coast Line
4
altimore & Ohio
:
altimore & Ohio Chicago Terminal__ _ 4
:
altimore Ches. & Atlantic. See Penn_ 10
:
4
:angor & Aroostook
eaum.Sour L.& W. See N.O.T.& M_ 9
:
14
ellefonte Central
4
elt
: Railway of Chicago
4
essemer & Lake Erie
:
5
:ingham & Garfield
5
irmingham Southern
:
5
oston & Maine
:
5
:uffalo & Susq. RR. Corp
uffalo Rochester & Pittsburgh_ _5,and 14
:
anadian Pacific Lines (in Maine)._ 5
5
arolina Clinchfield & Ohio
5
entral New England
5
entral of Georgia
5
entral RR. of New Jersey
5
entral Vermont
5
harleston & West Carolina
5
hesapeake & Ohio Lines
5
hicago & Alton
5
hicago & Eastern Illinois
hicago & Erie. See Erie
5
hicago & North Western
5
hicago Burlington & Quincy
hicago Dot. & Can. Grand Trk. Jet.
7
See Grand Trunk Western
5 and 14
hicago Great Western
5
hicago Indianapolis & Louisville
5
hicago Junction
5
hicago Milwaukee & St. Paul
6
hicago Peoria & St. Louis RR
ilicago Rock Island & Gulf
6
6
hicago Rock Island & Pacific
6
hicago St. Paul Minn. & Omaha
hicago Terre Haute & Southeastern 6
6
incinnati Indianapolis & Western
incinnati New Orleans & Texas Pacific_ 6
.
Ancinnati North'n. See N.Y.Cent _ _ _ 9
love. Cin. Chic. & St. L. See N.Y.Cent 9
oal & Coke. See Baltimore & Ohio 4
6
olorado & Southern
6
olorado & Wyoming
6
ripple Creek & Colorado Springs
umberland Valley. See Pennsylvania_10
6
I elaware & Hudson
6
I elaware Lackawanna & Western
•enver & Rio Grande
6
6
•enver & Salt Lake
6
Detroit & Mackinac
6
Detroit & Toledo Shore Line
•etroit Grand Haven & Milwaukee.
See Grand Trunk Western
6
etroit Toledo & Ironton
6
uluth & Iron Range
6
uluth Missabe & Northern
Duluth South Shore & Atlantic




Page
Name—
7
Duluth Winnipeg & Pacific
7
East St. Louis Connecting
El Paso & Southwestern
Elgin Joliet & Eastern
7
Erie
7
Florida East Coast
Fonda Johnstown & Gloversv 7 and 14
7
Fort Smith & Western
Fort Worth & Den. City. See Col. & So 6
Ft. Worth & Rio Gr. See St. L. & S. F_11
Galv. Harrisb.& San Ant. See Sou.Pac.12
7
Galveston Wharf
7
Georgia
Georgia Southern & Fla. See Southern_ _12
Grand Rapids & Indiana. See Penn.. _10
7
Grand Trunk Lines in New England
7
Grand Trunk Western
Great Northern
7
Gulf & Ship Island
Gulf Colo. & Santa Fe See Atchison 4
7
Gulf Mobile & Northern
7
Hocking Valley
Houston & Texas Cent ,See Sou. Pac 12
Houston East & West Tex. See So. Pae..12
7
Illinois Central
Indiana Harbor Belt. See N. Y. Central_ 9
7
International & Great Northern
Kanawha & Mich. See N. Y. Cent.__ 9
8
Kansas City Mexico & Orient RR
Kan. City Mex.& Orient Hy. Co. of Tex. 8
8
Kansas City Southern
8
Kansas City Terminal
9
Lake Erie & W See N Y Cent
8
Lehigh & Hudson River
8
Lehigh & New England
8
Lehigh 'Valley
10
Long Island See Pennsylvania
8
Los Angeles & Salt Lake
8
Louisiana & Arkansas
8
Louisiana Railway & Navigation Co
Louisiana Western See Southern Pac_12
8
Louisville & Nashville
8
Louisville Henderson & St. Louis
8
Maine Central
Maryland Delaw.& Virginia. See Penn_10
9
Michigan Ceht. See N Y Cent
8
Midland Valley
8
Mineral Range
8
Minneapolis & St. Louis
8
Minneapolis St. Paul & S S M
Minnesota & Internat. See No. Pac__ _10
8
Mississippi Central_
8
Missouri & North Arkansas
8
Missouri Kansas & Texas
issouri Kansas & Tex Ry. of Texas_ 9
9
Missouri Oklahoma & Gulf
9
Missouri Pacific
12
Mobile & Ohio. See Southern
10
Monongahela. See Pennsylvania
9
Monongahela Connecting
Morgan's L.& T.RR.&SS.Co See So P.12
9
Nashville Chattano,Oga & St. Louis
9
Nevada Northern
9
Newburgh & South Shore
9
New Orleans & North Eastern
9
New Orleans Great Northern
9
New Orleans Texas & Mexico
9
New York Central
New York Chicano & St. Louis_10 and 14

" Page
Name—
New York New Haven & Hartford____10
New York Ontario & Western_ AO and 14
New York Phila. & Norfolk. See Penn_10
New York Susquehanna & Western........10
10
Norfolk & Western
10
Norfolk Southern
10
Northern Pacific
10
Northwestern Pacific
13
Oahu Railway & Land Co
Oregon Short Line. See Union Pacifio_13
Oregon-Wash. RR.& Nay. See Un.Pae.13
Panhandle & Santa Fe. See Atchison 4
10
Pennsylvania Railroad
10
Pennsylvania Company. See Penn
11
Peoria & Pekin Union
11
Pere Marquette
11
Philadelphia & Reading Ry
9
Pittsb. & L E See N. Y Cent
Pitts. Cin. Chic.& St. Louis. See Penn_10
11
Pittsburgh Shawmut & Northern
11
Pittsburgh & Shawmut
11
Pittsburgh & West Virginia
11
Port Reading
11
Quincy Omaha & Kansas City
11
Richmond-Washington System
Rich rn. Fred.& Potom. See Rieh.-Waeh.11
11
Rutland
St. Joseph & Grand Isl. See Union Pac_13
11
St Louis-San Francisco
St. L. Brownsv.&Mex. SeeN.O.T.&M_ 9
St. Louis Merchants' Bridge & Terminal.
See Terminal Association of St. Louis..12
-S _1 l
St. Louis San Fr. & Tex. See St.L.
• 11
St Louis Southwestern
St. Louis S.W.Ry.ofTex.SeeSt.L.&S.W.11
11
St. Louis Transfer
11
San Antonio & Aransas Pass
11
Seaboard Air Line
11
South Buffalo
11
Southern Railway
12
Southern Pacific
Southern Ry. in Mississippi. See South_12
12
Spokane International
12
Spokane Portland & Seattle
12
Staten Island Rapid Transit
12
Tennessee Central
Terminal Railroad Assn. of St. Louis...12
Texarkana & Ft. Smith. See Kan. C.So. 8
12
Texas & New Orleans. See So. Pac
12
Texas & Pacific
9
Tol. & Ohio Cent. See N. Y. Cent
Tol. Peoria ,76 West. See Penn_10 and 14
12
Toledo St. Louis & Western
Trinity & Brazos Valley. See Col.&Sou. 8
12
Ulster & Delaware
13
Union RR (of Pennsylvania)
13
Union Pacific
13
Utah_
Vicksburg Shreveport & Pacific _____ 13
13
Virginian
13
Wabash
Washington Southern. See Rich.-Wash_11
10
West Jersey & Seashore. See Penn_
13
Western Maryland
13
Western Pacific
13
Western Railway of Alabama
13
Wheeling & Lake Erie
13
Wichita Falls & Northwestern
13
Yazoo & Mississinni Valley

4

RAILWAY EARNINGS

[Vol,. 108.

INTER-STATE COMMERCE COMMISSION RETURNS FOR DEC
EMBER AND THE TWELVE MONTHS ENDING WITH DECEMB
ER
In the following we furnish detailed figures of earnings and expenses for
December 1918, as compared with
December 1917,and also for the twelve months ending with December in the two
years, of every steam railroad in the
United States which is obliged to file monthly returns of earnings and expens
es with the Inter-State Commerce Commission at Washington. In cases where the December return has not yet been
filed with the Commission, we give
the figures for the latest previous month.
It should be understood, however, that the Inter-State Commerce Commission
now requires monthly reports
only from roads whose gross railway operating revenues exceed $1,000,000 per annum
. Prior to the taking over
of the roads by the Government, or, to be strictly accurate, prior to tke call for
the March 1918 reports, monthly
returns were required from all carriers having railway operating revenues
in excess of $100,000 per annum.
In the closing page of this publication-page 14
-we also give the Company returns where these differ in
any way from the Commerce Commission returns or einkrace more facts than are contai
ned in the latter.
Alabama & Vicksburg

EARNINGS.
Freight revenue
Passenger revenue
Tot., incl. other rev.
Expenses-Maint.way
Malnt. of etiuipm't_
Traffic expenses.._ _
Transportation exp_
Total,incl. other..
Net from rallroad
Taxes (less war taxes)
Net after taxes_ __ _
Net after rents
War taxes
Aver. miles of r'd oper.

Atlanta &
-Month of December--Jan. 1 to Dec. 31- -Month of Decembe West Point
r--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
$
$
$
$
$
$
$
$
187,322
126,794 1,603,977 1,423,159
144,008
66,185 1,252,802
879,580
64,790
67,153
622,950
533,692
103,630
76,462 1,041,403
664,620
262,608
212,125 2,470,855 2,139,315
265,303
166,939 2,548,440 1,770,250
34,322
19,672
269,367
284,417
20,866
18,276
254,171
178,043
62,092
30,028
591,657
351,752
40,565
30,486
456,331
294,213
1,714
5,567
42,982
61,588
2,131
5,968
40,742
77,120
118,286
72,570 1,032,214
725,148
101,510
69.597
867,069
598.444
227,233
131,786 .2,045,117.
1,501,242
174,66.!
134,024 1,730,354 1,241,228
35,375
80,338
425,738
678,073
90,640
32,914
818,085
529,022
15,916
23,758
138,194
139,176
1,266
18,000
93,566
134,115
19,438
56,461
287,283
498,197- ,372
I3D
14,819
724.443
394,513
18,72d
60,89
323W0
617,503
72,161
14,489
647,348
396,30S
1,705
20,460
141
141
93
93
Ann Arbor

EARNINGS.
Freight revenue
Passenger revenue.._ _
Tot., incl. other rev.
Expenses-Maint.way
MaInt. of equipm't_
Traffic expenses_
Transportation exp_
Total,Incl. other_
Net from railroad__ ..Taxes (less war taxes)
Net after taxes..
Net after rents
War taxes'
Aver. miles of r'd oper.

Baltimore & Ohio

includes Coal & Coke
-Month of December--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
10,880,807 7.648,808 129047,317 102365,163
3,024,910 2,065,665 30,676,946 19,990,255
15,358,812 10,668,050 174191,448 133613,320
3,044,272
499,347 25,775,063 14,182,9
3,856,033 2,262,749 48,903,661 25,874,263
79
130,002
186,347 1,964,492 2,405,775
7,507,031 5,556,302 78,846,090 56,574,350
15,014.641 8,816,119 160592,180 103024,213
344,171 .-1,851,930 13,599,268 0,589,10
337,866
455,298 4,784,145 4,455,819
5,122 1,38672U' 8,795,202 6,112,068
40,192
9) .---1
4(7,rg 22,593,060
5,145.
4,937

Atlant

a Birmingham
B & 0 Chicago Terminal
-Month of December
--Jan. 1 to Dec. 31- -Month of December--Jan.& Atlantic
1 to Dec. 31- -Month of December- -Jan. 1 to Dec.
1918.
1917.
1918.
311917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
$
$
1917.
$
$
$
$
$
$
$
294,362
$
193,021 2,782,381 2,380.540
340,050
267,890 3,524,660 2,981,087
56,790
48,431
567,580
551.002
101,821
84.301
850,546
696.492
Cr9
302
4,887
6,110
370,169
257,885 3,006,y0t
469,176
383,116 4,703,381 3,983,368
116,059
121,138 1,761.485 1,940,003
56,907
21,070
595,485
285,610
101,986
52,985 1,065,891
583,824
43,181
13,000
76,749
320,062
46,244
773,071
217,518
477,042
126,789
64,837 1,253,008
673,533
64,171
31,728
350
636,335
7,028
381,036 s
47,193
76,033
5,818
16,473
96,176
183,553
802
1,241
164,530
12,850
149,955 1,661,727 1,420.225
11,751 •
278,644
166,091 2,470,841 1,755,885
152,410
109,873 1,605,174 1,289,122
308,052
234,213 3,113a, tzo Z,O64,0.0
,
526,285
310,282 5,038,455 3,322,257
270,867
167,814 2,699,703 2,004,364
02,117
23,672
390,484
-57,109
754,053 72,834 --335,074
661,111, 104,807 -46,676 -938,217 -64,361
13,100
13,100
157,200
157,200
22,082
25,952
194,782
180,652
31,876
18,360
359,537
254,248
48,868
10,560
232,258
596,487 --79,398
46,880 -530,894
40,59k -186,083 .., -65,036-1,297,866 --318,91d
48,140
9,507
175,134
-81,059
423,785 31,554 L-584,761
452,571 --91,198
22,007 --158,174 -017 ,734
500
301
6,000
301
639
640
91
91
Atchison Top & Santa Fe Syste

m
Atchison 'Topeka & Santa Fe
-Month of December- -Jan. 1 to Dec. 311918.
1917.
1918.
1917.
Freight revenue
. 9,917,029 7,898,848
Passenger revenue__ 3,218,067 3,029,433 113798,080 98,801,487
37,045,790 30,907,445
Tot., Incl. other rev. 13,997,068 12,308,968 162369,130
Expenses-Maint.way
542,229 1,416,922 19,037,932 lquv /8,9.50
Maint. of equipm't_ 4,690,383 2,032,551 35,100,235 15,997,975
23,544,437
Traffic expensos.._ _
127,517
190,184 1,675,783 2,317,63
Transportation exp_ 6,377,302 4,339,234 56,588,997 44,172,0 6
08
Total,incl. other-11,933,772 8,134,014 114912,375
88,504,049
Net from railroad____ 27063,29S 4,174,954 47,456,7
54 52,474,886
Taxes (less war taxes)
578,898
818,924 6,726,927 7,061,832
Net after taxes___ 1,481,647 3,355,221 40,708,335
45,392,675
Net after rents
1,413,137 3,365,265 41,658,302 45,365,744
War taxes
165,823
86,375
199,781 3,523,326
Aver. miles of r'd oper.
8,624
8,629

Bangor & Aroostook

-Month of December--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
$
$
$
337,005
236,080 3,795,890 3,285,353
77,209
81,194
813,036
856,867
437,616
339,379 4,863,222 4,384,561
63,215
75,948
791,357
632,472
83,883
73,711 1,162,520
746,295
3,244
4,929
45,924
49,764
242,676
127,412 2,038,997 1,364,172
405.567299,530 4,239,516 2,990,368
32,049 .-- 1,819
: -.
37
623,705 1,394,193
18,333 Cr16,362
213,418
189,887
13,68?
56,212
410,065 1,204,238
17,396
592,228 1,525,828
632
632

EARNINGS.

---(3;717
9

Gulf Colorado & Santa Fe
Atlant
Belt Railway of Chicago
Month of December--Jan. 1 to Dec. 31- -Month of Decembe ic City
r- -Jan. 1 to Dec. 31- Month of December
1918.
--Jan. 1 to Dec. 311917.
1918.
1918.
1917.
1917.
1918.
1917.
1918.
1917.
$
1918.
1917.
$
$3
Freight revenue
$
920,952 1,108,889 12,844,674 12,434,457
$
$
179,746
87,829 1,802,727 1,180,376
Passenger revenue.._ _
411,086
460,821 4,878,257 3,740,667
113,135
84,781 2,138,080 1,868,898
Tot., incl. other rev. 1,430,497 1,686,353 18,885,0
9/ 17,286,0oa
308,660
187,593 4,252,269 3,215,425
304,794
Expenses-Maint.way
268,056 3,899,764 3,805,947
376,318
381,067 3,422,867 3,230,906
47,233
31,039
435,050
Maint. of equipm't_
355,643
35,469
31,256
453,910
413,401
211,165 3,476,114 2,393,470
295,488
32,691
19,100
449,164
Traffic expenses_ _ _
256,699
45,697
51,575
10,832
789,389
35,112
551,734
228,958
360,360
307
1,502
13,158
40,512
Transportation exp..
571
864,467
1,270
4,806
558,018 7,158,791 5,609,6 6
16,329
170,124
128,210 1,987,832 1,671,830
204,440
164,687 2,476,300 1,835,683
Total,Incl. other
1,745,846 1,218,843 14.820.928 12,185,472
252,438
183,734 2,901,005 2,341,724
496
256,613 .3,775.409 2,786,631
Net from railroad.._ _ _ 315,349
447,510 4,055,169 5,100,167
56,222
3,858 1,351,264
Taxes (less war taxes)
873,701
11,443
87,339
124,355 1,019 175
109,898
853,696
16,695
838,163'
24,978
144,405
16,442
144,978
13,897
197,074
Net after taxes_
160,025
-103,200
336,722 3,196,932 4,256,886
39.527 -21,119 1,206,769
,
728,629
-6,103
-2,454
Net after rents
---'77,718
2
857,296
-416,712
270,171 2,824,145 3,609g
36,518 -34,113 1,018,478
War taxes
491,177 1,344,016
--1,598
906 -21,315
11,369
60,578
Aver. miles of r'd oper.
1,934
1,212
1,937
170
170
31
31
Panhandle & Santa Pe
Atlantic
Bessemer & Labe Erie
Month of December--Jan. 1 to Dec. 31- -Month of Decembe Coast Line
r
--Jan. 1 to Dec. 31- Month of December--Jan. 1 to Dec. 31EARNINGS.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
$
$
1917.
$
$
$
5
Freight revenue
$
$
$
305,689
$
$
405,426 4,275,636 5,463,608 3,460,416 2,874,289 36,483,7
$
Passenger revenue..
16
779,430
624,187 12,688,341 11,695,359
83,761
107,650 1,253,186 1,134,345 1,699,994 1,287,15216,567,982 28,960,412
11,576,865
37,777
34,681
395,085
Tot., incl. other rev.
393,463
412,254
537,794 5,809,o5/ 0,590,000 5,619,882 4,608,096 56,992,3
29 44,063,331
Expenses-Maint.way
862,812
690,306 13,417,564 12,372,619
93,426
100,785 1,092,039
454,651
877,925
228,005 6,567,499 4,891,462
Maint. of equip:Wt.
31,361
128,433 1,139,120 1,478,398
175,847
104,148 1,767,964 1,165,563
948,153
520,503 10,904,846 • 7,002,226
Traffic expenses
284,360
284,187 3,462,840 3,047,860
2,901
4,094
46,772
57,152
43,829
59,776
620,155
Transportation exp_
752,669
7,493
14,942
267,813
189,106 2,303,315 1,932,696 2,196,167 1,564,076 23,186,7
129,139
144,358
90 15,982,770
367,114
329,285 4,430,406 3,934,485
.Total,incl. other..
552,345
415,344 .
6,361,810 4,100,049 3,770,861 2,477,288 ‘
12,663,302 29,773,994
.
.
700,709
755,394 9,167,238 8,672,254
Net from railroad_ _
-140,091
122,450
451,781 2,724,209 1,849,020 2,130,807 14,a29,026 14,289,336
Taxes (less war taxes)
162,102 .--- 05,088 7,2W3
Cr4,461
26,447
7 3,700,38L
7
194,559
203,777
200,000
95,000 2,495,000 2.264,000
11,440
24,443
241,626
t after taxes
287,561
135,632
95,017
261,682 2,518,40 1,648,255 2,035,028 11,827,096 12,013,7
41 ---150.662 -89
4,008,698 5,412,772
Net after rents
--158,621
72,383
---8,170 2,064,067 1,603,639 2,014,604 11,626,128
War taxes
- - -14
140
,3,564
15,796.
47913,76-0' 344,259
47,479,15(1
57,740
226,240
100,000
1,065,000
Aver. miles of r'd oper.
73,006
772
709
604,929
4,840
4,788
208
208
EARNINGS.




3

$

$

1,581T 626,4go

r3T2W66l

RAILWAY EARNINGS

FEB., 1919.]
Bingham & Garfield

5

Central of Georgia

-Month of November- -Jan. 1 to Nov. 30- -Month of December- -Jan. 1 to Dec. 311918.
1917.
1917.
1918.
1918.
1917.
1918.
1917.
$
$
$
$
$
$
8
$
Freight revenue
263,765
299.024 3,059,651 2,913,123 1,046,022
946,289 12,877,851 10,097,953
Passenger revenue..
4,983
4,284
43,755
53,861
626,734
538,790 5,876,487 4,253,699
306,268 3,189.908 3,010,555 1,856,535 1,636,902 20,647,382 16,024,537
281,725
Tot.. incl. other rev.
•
Expenses-Maint.way
23,203
45,783
440,736
304,263
83,339
29,308 2,913,602 2,143,140
Maint. of equipm't_
38,765
52,264
507.486
369,184
438,032
227,585 4,142,607 2,672,947
Traffic
1,302
1,835
14,658
13,586
29,603
39,916
377,070
480,492
Transportation exp..
expenses..'
48,029
633,317
65,583
441.198
711,801
545,165 7,894,573 5,265.402
Total,incl. other..
113,969 1,688,599 1,166,616 1,320 124
173,947
885,897 15,961,992 11,045,859
Net from railroad_ _
192,299 1U 1,843,938
167,1,/
- 536,411
751,005 4,685,390 4,978,688
11,999
109,836
Taxes (less war taxes)
16,264
99,352
80,105
92,376
787,713
767,220
Net after taxes
95;777 •-" 176;V34 7:111:17.3 1;744,585
455,244
657,561 3,891,050 4,200,738
Net after rents
110,147
193,1511,5' •7517 "r905.699
=76
487,108
659,591 3,905,339 4,586,642
War taxes
Aver. miles of r'd oper.
36
36
1,918
1,918
I
EARNINGS.

Birmingham Southern

Central New England

Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to
1917.
1918.
1918.
1917. 1
1918.
1917.
1918.
$
$
$
$
$
$
$
Freight revenue
87,885 1,167,152
68,281
884,058
442,510
373,008 5,494,741
Passenger revenue......
1,653
10.383
23,808
24,992
32,882
296,946
83,311
Tot.. incl. other rev.
113,856 1,397,254 1,201,529,
507,837
426,656 6,063,155
Expenses-Maint.way
5,460
12,243
106,867
189,168;
107,383
70,084 1,171,335
Maint. of equipm't_
30.149
8,564
252,010
320,440
76,112
46,212 1,062,351
Traffic expenses.._..
711
708
10,979
9 810
2,157
1,366
20,616
'
Transportation exp70.725
56,460
598.529
987,5631
271,950
189,786 2,998,462
Total,incl. other..
88,692
110,696 1,014,761 1,161,8221
484,758
318,098 5,401,886
-5,380
Net from railroad.._ _ _
3,159
382,492
39,707
23,078
108,557
661,268
36,885
3,620
Taxes (less war taxes)
95,121
40,197
Cr9,330
21,185
186,469
-42,265
Net after taxes.._
-461
287,370
-490.
32,388
87,361
474,519
-4 740
Net after rents
3
309,611
--311
20,958
50,998
53,662
47,02'
War taxes
80
Aver. miles of r'd oper.
27
44
301
301
EARNINGS.

Boston & Maine
EARNINGS.
Freight revenue
Passenger revenue..
Tot., incl. other rev.
Expenses-Maint.way
Maint. of equipml.
Traffic expenses...._
Transportation exp_
Total,incl. other..
Net from railroad_ _
Taxes (less war taxes)
Net after taxes_ _
Net after rents
War taxes
Aver. miles of r'd oper.

-Month of December--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
$
$
$
2,226,791 2,637,114 43,085,443 35,080,689
1,649,638 1,421,674 19,048,390 17,566,981
5,734,750 4,671,062 69,911,392 59,686,815
1,522,587
217,402 10,018,497 6,145,073
1,764,608 1,002,854 14,175,173 8,743,665
49,325
480,808
38,359
446,561
4,035,546 2,934,665 37,504,330 29,850,669
2,572,144 4,399,824 64,430,771 46,947 627
-1,837,394
271,238 5,480,620 12,239,187
253,013
137,925 2,190,399 2,016,899
.2,090,531
-129,522 3,290,098 10,218,497
-2,109,016
102,269 1,737,008 7,234,942
2,258

2,258

,

Month of December--Jan. 1 to
1918.
1917.
1918.
$
$
$
Freight revenue
178,399
145,737 2,138,357
Passenger revenue._ _
7,690
7,354
70,036
Tot., incl. other rev.
189,868
155.933 2,249,666
Expenses-Maint.way
47,842 Cr21,343
424,531
Maint. of equipm't_
91,691
53,215
839,732
Traffic expenses_
2,387
2,296
23,338
Transportation exp.
73,985
58.343
889,609
Total,incl. other..
105,812 2,267,653
225.993
Net from railroad........ -36,125
50,120 -17,987
2.320
Taxes (less war taxes)
20,913
42.780
-33,805
Net after taxes......_
29.207
60,767
Net after rents
-61,692
63,880
104,569
War taxes
Aver. miles of r'd oper.
265
252
MEV

Dec. 311917.
$
4,886,043
355,274
5,477,288
943,083
542,092
15,167
1.990.928
3,618,488
1,858.799
220,585
1,637,893
982,340

Central Railroad of New Jersey Chicago Burlington &

Central Vermont

Freight revenue
Passenger revenue
Tot., incl. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses...._
Transportation imp_
Total,incl. other..
Net from railroad........
Taxes (less war taxes)
Net after taxes__ _ _
Net after rents
War taxes
Aver. miles of r'd oper.

Freight revenue
Passenger revenue......
Tot., incl. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses.._ _
Transportation exp..
Total,incl. other..
Net from railroad........
Taxes (less war taxes)
Net after taxes_
Not after rents
War taxes
Aver. miles of r'd oper.

•

-Month of December--Jan. 1 to
1917.
1918.
1918.
S
$
$
177,466 1,945,843
261,586
51,062
43,425
293,152
318,425
238,933 2,409,260
35,174
41,983
546,288
581,854
35,555
91,100
5,496
28,949
1,664
176,729 1,507.053
219,059
257.765 2 697,158
357:468
-39,042 --18,831 --287,897
21,52
137,952
13,920
-60,494
--425,8.39
--93,502 -47,283 -597,254
233

Dec. 311917.
$
1,943,992
338,893
2,424,739
465,161
366,096
70,142
1,166,855
2 129,438
295,300
114,420
180,880
61,228

233

Carolina Clinchfield & Ohio

EARNINGS.
Freight revenue
assenger revenue...._
TotAplither rev.
t.way
Expensal4o
Maint. o Muipnet.
Traffic expenses
Transportation exPTotal,incl. other..
et from railroad......Taxes (less war taxes)
Net after taxes
et after yenta
____
War taxes__
ver. miles of r'd oper.

Chicago

Carolina
Indianapolis & Louisville
-Month of December--Jan. 1 to Dec. 31- Month of December
--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
1918.
1918.
1917.
1917.
1918.
1917.
1918.
1917.
$
$
$
$
$
$
$
$
$
8
8
$
1,434,901 1,014,119 16,437,948 13,119,838
225,570
702,844
171,943 2,154,489 1,816,131
451,390 7,602,549 6,703,191
121,974 1,335.097 1,313,594
130,710
81,887
247,925
56,662
713,000
461.717
204,500 2,462.231 2,178,462
1,606,733 1,184,635 18.479,658 14,975,000
319,811
243,513 3,015,886 2,401,443 1,045,275
756,234 11,017,274 9,161,397
321,076
40,113 2,823,761 1,854,770
28,862 Cr23,752
151,605
422,435
68,165 1,303,589
305,345
876,824
529.892
381,799 5,966,244 4,043,988
30:259
4 099
23,626
299,842
457,591
176,384 2,951,859 1,731,784
282,718
13,451
17,687
187,923
191,523
4,379
12,750
32,988
50,086
52,599
190,186
260,630
665,666
539,089 8,179,786 5,813,029
131,806
82,779 1,324,607
427.118
319,013 4,548,118 3,384,522
841,615
1,570,365 1,011 521 , 577,207 11 878,565
17
200,784
90,845 2,317,402 1,527,927
914,480
617,930 9,291,784 6,482,004
173,114
36,367
902,450 3,096,434
119,027
130,795
152,668
698,484
132,304 -1 54V 2,679,89i
-71873,515
204,580
503 ,- 35,400
424,810
45.650
23,633
9,000
31,249
108,000
109,133
391,452
413,520
137,713
35,760
607,527 2.671,264
110,027
85.144
129,053
100,999 1,333,252 2,265,749
500,322
703T7
85,274' `218,011 1,027,518 3,535,241
129,407
115,578
54,687
548,531
704,723
746,738 1,714,614
25,345
6,765
153,894
81,189
1,349
30,107
589
584 (See also on page 14)
342
342
657
654
Canadian Pacific Lines (in Me)

EARNINGS.

Chicago Great Western

Dec. 31- Month of December- -Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1918.
1917.
1917.
1918.
1917.
$
8
$
$
$
$
$
$
$
1,680,420
329,131
246,108 3,799,679 3,024,512 1,137,109
871,213 12,888,034 11,007,427
73,986
76,285
412,655
73,191
380,152 4,756,820 3.935,131
847,284
965,595
1,785,855
453,096
362,310 5,188,837 4,482,810 1,685,459 1,376.426 19,116,924 16,368,323
227,710
278,641
80,796
Cr1,199
94,182 3,129,184 2,131,192
819,180
438,659
508,749
257.710
481,936
73.075 1,323,477
202,416 5,130,650 2,833,950
719,623
21,270
24,682
5,033
7,621
47,237
87,610
98,177
386,761
556,562
569,587
930.736
378,908
222,353 3,187,154 2,320,256
600,144 8,480,988 6.350,827
1,411,022
743 691
314,481 5,588,538 3,730,310 1,772.432
988,092 17,783,097 12,492,411
374,833 --290,595
47,829 --399,701
388,334 "033,827 •3,875,911
752.500 --86,872
61,163
7,935
61.058
33,653
198,932
206,836
671,091
10,253
323,664 -298,532
-- --T6
14 779 -498,801
331,443
551,409 .'-=1.47,3
657,571 Cr307,281
781,080 -300,945 "
----11,111 -547,358' 603,210 -224,578
253,607
21,456
480
4,585
14,500
4,800
75,866
54,900
411
1,496
411
1,496 (See also on page 14)

Buffalo Rochester & Pittsburgh Charleston & Western

EARNINGS.

Chicago & North Western

-Month of December
--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
$
$
$
6,853,559 5,505,988 87,630,795 72,264,461
2,510.126 2,203,395 28.000,861 24.516.357
10,676.199 8,788,958 127295,678 108264,983
2,136,245
680,958 19,490,620 13,394,113
2,774,679 1,625,532 26,834,170 17,899,338
59,601
104,014
951,457 1,354,007
6.435,044 3,971,737 58,833,776 43,177.645
11,760,601 6,615,940 109498,572 78,758,988
-1,084,401 2,173,017 17,797,106 29.505,994
567,481
366.948 5.497,481 5,041.948
-1,652,784 1.80:3,121 12,272,956 24,450,937
-1,747,192 1,895,669 12,441,437 24,397,856
8,090
8,109

Quincy
-Month of December--Jan. 1 to Dec. 31- Month of December--Jan. 1 to Dec. 311918.
1917.
1918. • 1917.
1918.
1917.
1918.
1917.
$
$
•$
$
$
$
-8
8
2,648,173 1,910,679 33,387,854 27,102,318 9,350,333 7,265,162 104492,827 87,008,589
631,372
520,872 7,753,315 6,922.156 2,358,363 2,181.258 28.052,904 24,373,779
3,559,889 2,767,715 44,790,670 37.096,739 12,639,318 10,388,401 144172,769 122342,706
575,925
247,994 4,068.182 3,109,100 2,057,549
485,294 19,996,385 12,984,568
1,139,472
693,954 10,419.019 6,686,132 2,735,150
416,697 29,726,986 18,196,488
30,704
29,513
84,347
301,723
128,019 1,209,796 1,681,061
369,756
2,134,703 1,608,127 20,458,641 15,240,890 5,681.481 4,685,981 56,825,202 42,293,222
3,991,212 2,671,501 36,369,270 26,412,852 10,463.976 5,329,623 112067,616 78,632,343
Cr431,322
96,214 8,421,400 10,683,886 2,175,341 5,058,778 32,105,153 43,710.363
-16.397
635,211 1,899,982 2,386,875
9.5,729
752.792 5,511,594 5,908,882
-447,757 -539,030 6,516,525' 8,291,241 2,063.255 4,276,552 26,577,201 37.772,047
-483,116
550,849 6,268,096 8,283,794 1,781,824 4,330,159 25,016,099 37,319,634
684
683
9,373
9,373

Buffalo & Susquehanna RR Corp

EARNINGS.

Chicago & Eastern Illinois

-Month of December- -Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
'
$
$
8
1.646.251 1,208,688 20,811,732 15,876,935
406.666
327,859 4,030,670 3,446,855
2,225,996 1,682,330 26,753,092 21,012,172
466.757
73,715 3,559,040 2,102,756
933,858
495,294 8,745,842 5,350,614
14,719
24,671
269,567
331,856
1,028.264
759,906 10,801,204 8,057,509
2,501,275 1,401,898 24,085,560 16,398,368
275,279
280,432 2,667,531 4,613,809
79,591
80,560
940,349
830,931
- 54,942
198,742 1,723,129 '3,778,211
--543,122
210,379 1,539,112-4,462,299
1,131
1,131

-Month of December--Jan. 1 to
1918.
1917.
1918.
i
$
8
437,276
270,472 4,302,163
34,870
32,106
415,593
494,763
316,708 4,811,231
78,315
22,012
656,521
106,824
53,651 1,168,482
3,943
15,855
94,164
162,301
86,009 1,557.080
363,684
194,815 .3,625,561
115,892 1,185,670
A714
67,544
32,700
195,500
98,377
48,2i39
990,165.
144
-,285 1,098,305
282




283

Chesapeake & Ohio Lines

Chicago Junction

-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 311917.
1918.
1918.
1918.
1917.
1917.
1918.
1917.
8
$
$
i
$
5,257,483 3,515,881 55,720,372 42,998,222
1,412,991
850,996 13,629,892 7,899,451
339,178
7,089,616 4,740,943 -73,720,796 54,643,793
260,916 3,435,784 3,260,981
556,467 9,700,659 6,905,578
69,529
981,245
18,013
626,722
395,362
702,278 16,178,533 10,521,724
53,848
1,384,958
31,485
543,804
312,086
53,380
31,168
289
484,417
694,130
1,451
6,844
15,459
2,416,331 1,743,453 26,189,743 18,537,582
268,725
170,535 2,529.565 1,815,489
4,945,602 3,185,451 54,143,001 38.105.805
398,773
252,625 3.792,094 2,897,904
2,144,013 1,555,491 19,577,795 16,537,987 -59,594
8,290 -356,309
363,077
161,857 1,920,000 1,644.075
175,000
6,141
2.748
29,154
43,943
,543 1,36L49' 17,654,994 14,890,415 -65,735
5,541 -385,464 • 318,954
1,731757'"1,93g 17,042,405 15,529./69
-4,251
54,185
133,515 • 783,676
155,513
25,000
360,000
795,255
2,478
2,484
12
12

-1,968

Chicago & Alton

Dec. 31- Month of December--Jan. 1 to Dec. 311917.
1917.
1918.
1917.
1918.
$
$
$
$
$
3,662,142 1,559,066 1,048,506 17,249,856 14,240,232
302,341
476,468 5,567,435 4.893,287
482,131
4,063,267 2,156,516 1,638,406 24.358,661 20,525,689
405,533
215,692 3,522,418 2,299,138
452,240
634,162
489;197 5,996,530 4,375,493
560,922
197,248
39,101
15,088
316,521
477,483
935,725 1,038,270
779,620 10,238,655 7.526.858
2,835,597 2,118.584 1,538.516 20,677,428 15,133,977
:=7,9:37"
1,729.669
.
"77 389
=='
IT391 711
214,944
54,458
30,605
713,001
693.709
1,514,604 -16.645
68.767 *2,965.622 ..
4,694,463
2.150,171 =173777
.
7,113 076,74' 3,606, 34
5,235
13,693
1.052
1,050

Chicago Milwaukee & St Paul

-Month of December--Jan. 1 to Dec. 311918.
1917.
• 1918.
1917.
$
$
9.333.877 6,319,426 96,623,657 79.957,271
1.988,643 1,881.282 23,492.031 21,329,946
12,334,544 9,168,420 132894,454 113739,201
3,344,170
735,503 18,906,980 10,953,308
2.938,652 2,191,272 38,669,987 22,015.200
90,547
129,303 1,244.656 1,803,963
5,866.057 4,378,028 60,740,934 48,083,125
12,550,002 7,705,066 122196,104 65395.963
-2157417 • 1.483,35i 7,
67:17 8,543,231
514,639
412,317 6,185.935 5,980.782
-730,322 1 ,050
..
.17167,M 227503- - 2
Z5
-883.402-L177)T3.-M'3,643,
7,..
11 20,684763
31.385
178,754
376.628
536,429
10,272
10,305

RAILWAY EARNINGS

6

Chicago Peoria & St Louis
EARNINGS.
Freight revenue
Passenger revenue.. _ _
Tot., incl. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses
Transportation exp _
.
"
Total, incl. other_
Net from railroad_ _ _ _
Taxes (less war taxes)
Net after taxes.._ _ _
Net after rents
War tares
Aver. miles of r'd over.

-Month of December
--Jan. 1 to
1918.
1917.
1918.
$
$
$
142,949 1,763,211
124,754
25,620
265,161
24,876
175,839 2,147,466
159,282
79,008
425,156
36,576
75,718
784,931
42,984
44,301
6,002
3,510
97,740 1,197,681
132,590
304,729
189,654 2,541,163
-145,447 --13,814 --393,697
90,803
6,779
7,400
-152,847 -21,834 -484,500
2673104 -529,254
152,123
247

[VOL. 108.

Colorado & Wyoming

Denver & Rio Grande

Month of December--Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31Dec. 31- 1917.
1917.
1918.
1917.
1918.
1917.
1918.
1918.
1917.
$
S
$
$
$
$
$
$
$
1,798,372
22,356
28,767
390,477 2,376,678 1,826,020 24,634,502 21,849,883
336,052
288,532
924
2,861
342,605
24,972
392,463 4,922,279 4,735,517
30,235
2,191,451
88,034 1,123,240 1,164,540 2,869,532 2,384,348 .31,356,213 28,023,137 ,
90,737
275,804
8,747
12,011
508,039
124,283
310,128 4,635,700 3,563,296
108,383
3,891
485,845
7,71'3
180,833
536,946 8,040,802 5,185;373
753,085
160,644
71,781
133
142
14,175
1,451
2,010
43,828
244,344
484,130
47,625
963,143
33,818
496,703
947,040 11,260,009 9,252,440
391,032 1,086,499
1,868,197
64,349
59,007
712,488 2.955,559 1,954,138 25,293,475 19,728,429
854,790
26,381
323,254
29,027
268,450
452,052
43(L214 058
.738 --T08 94,708
4,500
91,769
10,011
50,288
47,944
120,000 1,197,000 1,231,010
62,000
21,887
230,226
220,496
19,011
351,867
401,759
310,173 4.858,526 7,462,266
16,538
20,517
191,813
317,853 5,439,320 7,31)5,551
366,799
358,685

413

255

42

Chicago Rock Island & Gulf

42

Colorado & Southern System

2,651

2,567

Denver & Salt Lake

-Month of December--Jan. 1 to Dec. 31Colorado & Southern
-Month of December--Jan. 1 to Dec. 31-Month of December--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1918.
$
$
$
1917.
$
1917.
1918.
3
$
$
revenue
Freight
254,428
288,009 3,073,785 2,792,772 1,160,000
750,724 10,114,942 8,278,758
39,002
104,784 1,676,857 1,647,391
Passenger revenue_ _ _
79,761
134,149
91,244 1,072,938 • 851,303
169,775 2,019,672 1.913,524
15,582
20,480
302,326
343,979
Tot., incl. other rev.
398,193 4,420,008 3,899,172 1,376,711 1,004,755 12,955,826 10,966,664
354,541
61,859
130,338 2,055,509 2,065,216
Expenses-Maint.way
40,067
79,851
132,949
485,436
649,078
81,065 1,483,365 1,021,845
80,606
760,922
26,640
396,453
Maint. of equipm't_
68,572
97,483
264,224
543,644
729,283
166,810 2,782,226 1,880,993
68,022
49,331
845,184
558,013
Traffic expenses.. _ _
6,106
122,624
85,772
9,488
6,535
10,298
691
98,990
1,176
131,728
24,928
11,455
Transportation exp_
142,730 1,712,774 1,280,541
163,565
430,232
356,812 4,328,240 3.372;308
73,888
70,808 1,222,468 1,006,184
Total,incl. other..
360,105
271,472 3,328,097 2,557,013
874,989
656,666 9,376,990 6,797,304
226,500
151,588 2,889,558 2,041,508
Net from railroad_ _ _ _
126,721 1,091,910 1,342,158
-5,564
501,721
348,089 3,578,836 4,169,360 -164,641 --31,249 --834,049
23,708
Taxes (loss war taxes)
33,006
5,928
47,000
147,030
187,170
18,481
9,000
564,000
15,358
554,468
108.000
106,108
Net after taxes..
93,712
12,580
444,57 `
942,850 1,154,364
---T29-;431 3,013,801 3,613,623 --173,645
36,6(Rt --942,062 -82,411
Net after rents
--3,358 -- 47324
448,521
968,721 1440,593
0 327,247 2,941,746 3,532,389 36,721 --4031,458 --143,124
-173,309
War taxes
4,000
26,858
112,981
48,000
19,768
Aver. miles of r'doper.
474
479
1,100
1,103
255
255
Fort Worth & Denver City
Chicago Rock Island & Pacific
Detroit & Mackinac
-Month of December--Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31EARNINGS.
1917.
1918.
1918.
1917.
1918.
1917.
1918.
1917.
1917.
1918.
1917.
1918.
$
$
$
$
$
$
$
$
$
$
$
$
Freight revenue
5,585,400 4,808,900 66,112,432 56,897,299
565,869
411,412 5,611,411 4,444,134
120.288
64,290 1,128,552
891,381
Passenger revenue.._ _ 2,287,586 2,224,977 26,818,293 22,449,782
177,522
208,775 1,987.610 1,743,810
31,357
32,953
325,346
346,441
Tot.. Incl. other rev. 8,423,884 7,505,716 99,869,556 85,709,549
800,143
159.841
654,809 7,950,341 6,546,863
113,139 1,557,633 1,350,456
Expenses-Maint.way 1,687,973
483,629 14,750,855 10,378,114
86,451
41,359
21,199
11,813
792,874
515,412
273,423
165,830
Maint. of equipm't. 2,536,361 1,269,369 24,782,394 16,341,938
120,382
38,304
106,470 1,741,318 1.127,332
26,450
437,373
290,691
_
Traffic
73,256
159,582 1,177,790 1,672,487
1,572
6,533
625
2,093
53,933
89,398
26,521
28,300
Transportation exp.. 4,111,422 3,346,572 42,643,829 52,604,089
expenses_297,820
265,534 3,144,589 2,015,834 - 38,870
50,545
687,756
537,754
Total,incl. other_ 8,653,167 5,485.971 86,098,574 63,489,090
440,659 6.036.622 4.032,634
530,775
141,245
95,053 1,488,457 1,071,039
Net from railroad_ _ _ _ 229,28
2,019,244 13,770,983 22,220,4gg
269,368
219,155 1,913,719 2,514,228
18,39g
18,085
68,571
279,411
Taxes (less war taxes)
351,878 4,302,862 3,899,613
457,614
2,196
24,245
231.886
10,341
254,913
8,218
99,785
99,298
Net after taxes._
-687,630 1,663,832 9,458,589 18,297,161
267,16g. 189,906 1,681,630 2.259,202
8,254
9.866
32,790
179,733
Net after rents
-703,753 1,603,774 8,211,683 17,491,759
255,973
187,362 1,745,879 2,555,344
7,094
29,679
31,289
282,66
War taxes
6,360
19,010
78,141
208,342
Aver. miles of r'd oper.
7,823
7,728
454
454
381
384
EARNINGS.

EARNINGS.
Freight revenue
Passenger revenue._
Tot., incl. other rev.
Expenses-Maint.way
Maint. of equipm't
Traffic expenses_ _.
Transportation exp..
Total,incl. other..
Net from railroad.._ _ _
Taxes (less war taxes)
Net after taxes..
Net after rents
War taxes
Aver. miles of r'd oper.

Trinity & Brazos Valley
Chicago St Paul Minn & Omaha
Detroit & Toledo Shore Line
-Month of December
--Jan. 1 to Dec. 31- Month of December--Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 311917.
1918.
1918.
1918.
1917.
1917.
1917.
1918.
1918.
1917.
1918.
1917.
$
$
S
$
$
$
$
$
$
1,528,776 1,172,879 16,897,812 13,884,709
102,014
93,853
196,495
384,587
146,522 1,960,970 1,807,194
810,726
567,029
520,768 6,238,806 5,741,037
23,448
20,318
173,489
176,645
2,245,994 1,856,397 24,829,981 21,476,509
122,125
204,228
118,810 1,164,137 1,095,339
147,250 1,999,025 1,827,430 .
334,969
140,366 3,056,376 2,481,819
32,765
21,065
17,675
11,817
343,428
288,296
149,937
101,175
402,399
277,651 5,055,958 3,016,674
44,076
27,129
7,010
6,658
453,405
379,165
222,433
142,734
14,990
28,689
1,924
244,791
344,105
2,603
358
21,737
1,788
30,120
17,153
21,750
1,138,852 1,018,544 11,720,793 9,279,431
68,718
63,746
46,765
622,713
55,060
663,119
491,843
571,080
1,960,900 1,528,661 20,884,199 15,841,312
155,677
105,663 1,536,886 1,281,176
90,031
79,104 1,097,305
878,251
285,094 . 327,735 3,945,781 5,635,196 -7
=33:651
13,147 --372,749 -185,837
114,197
68,146
901,719
949,17g
90,866
126,767 1,288,404 1,327,995
2,199
10,959
69,673
7,157
.
6,366
71,979
129,037
84,620
193,500
199,559 2,651,912 4,298,538 -55,751
2,187 --442,515 --257,837
107,039
61,780
772,672
864,470
175,038
201,473 2,624,720 4,219,232 --34,913
92,579
12039'
26,931
387,752 --206,849
460,194
406,440
3,650
10,950
1,749
1,749
368
61
368
61

Chicago Terre Haute & Southeast Cripple Creek & Colorado Springs

EARNINGS.
Freight revenue
Passenger revenue_ _ _
Tot.,incl. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses.._ _
Transportation exp..
Total,incl. other..
Net from railroad..__
Taxes (less war taxes)
Net after taxes....
Net after rents
War taxes
Aver. miles of r'd oper.

-Month of December--Jan. 1 to
1917.
1918.
1918.
$
$
'
$
355,537
334,287 4,644,201
23,595
22,469
255,467
386,493
364,391 5,000,956
85,357
37,899
661,511
149,634
80,438 1,713,859
6,127
4,782
46,452
152,197
139,565 1,813,200
404,446
273,248 4,373,049
-17,952
91,142
627,906
14,500
17,785
174,000
-32,45g
137320
453,807
32,788 ---11 840
' -737766,168
2,000
12,219
24,000
374
374

Cincinnati Indianapolis & West

EARNINGS.
Freight revenue
Passenger revenue_ _ _
Tot., incl. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses......
Transportation sip.
Total,incl. other..
Net from railroad..__ _
Taxes (less war taxes)
Net after taxes_
Net after rents
War taxes
Aver. miles of r'd oper.

Delaware & Hudson

-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 311918.
1917.
1917.
1918.
1918.
1918.
1917.
1917.
$
$
$
$
191,613
129,570 2,319,509 1,822,874 2,278,828 1,864,334 30,104,926 25,347,363
46,301
219,572 2,804,056 3.036,063
183,881
53,965
531,510
572,127
268,712
204,262 3,137,152 2,639,537 2,601,704 2,220,555 34,789,864 29,989,399
71,542
381,841
24,664
107,108 3.737,523 2,521,969
328,990
512,005
84,900
50,997
867,731
935,906
724,640 9,536,063 6,662,231
473,057
4,903
16,247
6,759
254,672
28,709
72,845
84,943
325,898
123,063
104,085 1,494,352 1,139,395 1,335,001 1,178,033 16,556,075 12,746,188
296,128
195,873 3,151,063 2,127,458 2,722,071 2,140,060 31,353,784 23,449,952
27,415
8,389 --13,911
80,494 3,436,079 6,539,446
512,078 -120,361
10,868
13,404
87,283
58,615
123,917
848,986
128,955
920,381
- 38,283
-5,014 --137,828
-7,053 2,585,425 5,615,587
383,122 -178,983
66,617
1,748 -165,412
40,519 2,446,556 5,550,375
407,313 -235,843
1,314
14,980
321
902
902
321

Cincinnati New On & Texas Pac Delaware Lackawanna & Western

-Month of December- -Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
$
$
$
Freight revenue
1,008,348
662,555 10,347,638 9,158,134
Passenger revenue_
466,505
357,324 4,158,640 3,098,076
Tot., incl. other rev. 1,554,886 1,037,955 15,478,641 13,051,819
Expenses-Maint.way
108,267
7,167 1,394,508
892,929
Maint. of equipml. '529,553
278,096 4,662,349 2,995,286
Traffic expenses....9,611
28,023
254,714
342,344
Transportation exp..
552,942
424,003 5,940,054 4,292,038
Total,incl. other_ 1,229,769
754,288 12,604,010 2,841,060
Net from railroad__ _
325,11'7'
279,667' 2,874,601 4,210,758
Taxes (less war taxes)
80,519
248,946
500,019
70,772i
Net after taxes.._
244,154
10,719 "2,373,375 3,502,870
Net after rents
288,826
130,014 3,O47,946' 469,207
War taxes
Ayes miles of r'd opor. I
337
337
EARNINGS.




Detroit Toledo & Ironton

Dec. 31- -Month of December--Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1918.
1917.
1917.
1918.
1917.
$
$
$
$
$
$
$
S
$
3,493,016
63,394
64,844
287,476
791,274
167,359 3,070,617 2,530,229
914,588
220,136
5,849
12,473
14,115
113,401
170,567
14,617
145,200
165,447
72,017
3,805,025
78,456
927,306 1,113,169
200,694 3,413,340 2,903,354
322,593
2,333
440,351
1,063
80,721
72,633
86,849
46,990
724,676
376,259
5,604
Cr7,420 . 115,539
937,156
109,454
89,982
63,863 1,010,432
505,819
833
55,134
0'594 ' 11,752
17,285
2,197
4,679
45,415
57,155
25,552
21,996
1,323,130
310,745
195,886
288,134
144,280 1,875,433 1,631,807
36,648
18,384
553,276
2,889,488
519,471
390,603
268,553 3,795,140 2,670,684
35,369
60,071
915,53
6
374,030
593,697 --68,009 --67,859 --381,800
232,669
'6,920
19,107
86,984
186,999
5,400
64,893
4,508
103,3p
,
96,908
28,440
287.031
40,964
716,745
528,804 --73,409 -72,366 -485,270 . 134,570
25,976
39,999
1,313,843
269,011
491,749 -113,089 -93,131 --722,550 --45,718
48,857
116
116
457 '
463

-Month of December--Jan. 1 to Dec. 311017.
1918.
1918.
1917.
$
$
$
$
4,379,726 2,942,125 50,297,399 41,767,706
813,113 11,204,813 9.789,838
1,019,425
6,009,222 4,286,564 68,740,076 57,211,224
333,581 5,552,541 4,514,994
721,606
800,163 13,337,602 8,979,439
1,299,064
664,087
82,819
46,665
948,948
2,610,665 2,159,437 28,613,367 21,712,091
4,831,818 3,622.722 49,925,684 37,676,488
763,341 18,814,391 19,534,735
1,177,004
704,391 2,941,212 3,254,917
359,946
54,708 15.853,905 16,270,064
817,955
794,401
39,052 16,011,656 16,430,950
30,000
64,039
768,474
330,000
955
955

Duluth & Iron Range

-Month of December--Jan. 1 to
1918.
1917.
1918.
$
$
$
83,335
125,810 8,517,290
23,755
22,878
232,475
119,151
157,191 8,978,929
105,984 1,163,394
59,390
71,423 1,134,256
100,737
402
1,766
8,547
138,526
134,207 2,279,848
313,177
338,599 4,744,742
--194,026 -181,408 4,234,187
6,116
11,159
514,476
-200,311 --193,220 3,719,004
--199,660 --198,331 3,803,619
-26,346
292
284

Dec. 311917.
$
6,893,990
243,969
7,371,399
1,141,861
948,711
19,283
2,066,773
4,418,084
2,953,31
419,885
2,532,775
2,517,588
231,421

Duluth Missabo & Northern

-Month of December- -Jan. 1 to Dec. 311918. ' 1917.
1918.
1917.
$
$
$
$
258,532 20,214,748 14,105,621
166,886
38,089
44,322
443,549
401,532
242,144
345,035 21,545,270 15,306,599
142,145
105,121 1,902,944 1,798,366
143,076
137,332 1,722,262 1,383,364
2,822
9,178
34,252
44,219
163,997
212,656 3,788,755 3,381,430
474,049
485,514 7,957 432140 655
-231,005 -140,479 13,517,838
17,151
19,397 _Lamm
887,590
-249,056 -159,876 12 248 737 278
4_349
-222,978 -118,124 12,465,247 - 7,406,818
25,747
1,551,348
410
413

RAILWAY EARNINGS

NEM, 1919.1

Duluth South .Shore. & Atlantic
-Month of December
--Jan. 1 to
1917.
1918.
1918.
$
$ '
$
207,938 3,506,933
231,014
' eight revenue
84,835
95,834 1,012.274
assenger revenue..324,425 4,824,186
333,257
. Tot.. incl. other rev.
991,642
95,134
50,966
t
748,105
M n
71,110
50,420
x inr of egigf Y
Ml 9,417
77,026
4,286
Traffic expenses
165,645 2,288,096
Transportation exp_
185,212
293,804 4,263,020
368,532
Total,incl. other..
30,621
561,165
--35,274
et from railroad_
223,923
5,652
27,771
axes (loss war taxes)
2,849
337,209
after taxes
-40,934
Net
4,142
263,948
at after rents
at taxes
601
601
• ver. miles of r'd oper.
EARNINGS.

Duluth Winnipeg & Pacific
-Month of December--Jan. 1 to
1918.
1917.
1918.
$
$
$
102,680 1,400,221
119,827
'reight revenue
28,291
266,469
23,593
assenger revenue..
136,692 1,712,066
147,986
Tot., incl. other rev.
13,344
258,924
23,493
'xpenses-Maint.way
25,122
23,838
287,119
Maint. of equipml_
1,781
33,633
2,483
Traffic expenses..._
85.192
828,140
Transportation exp..
72,169
137,253 1,485,392
127,815
Total,Incl. other_
4.438
20,170
226,673'
at from railroad_ _ _ _
8,633
7,237
96,358
axes (less war taxes)
11,531
--2,798 . 130,307
Net after taxes__
18,453
6,679
215,020
• et after rents
-2,866
-35,554
or taxes
175
175
ver. miles of r'd oper.
EARNINGS.

Florida East ()cast

Dec. 31- Month of December--Jan. 1 to
1917. ,
1918.
1917.
1918.
$
2,940,067
451,273
342,721 • 5,062,713
1,075,322
282,646
209,454 2,578,389
4,316,294
821,685
656,533 8,841,222
778,974
121,002
61,055 1,176,625
554,981
170,091
187,538 1,540,285
91,228
, 6,722
109,506
14,923
1,860,561
381,442
232,487 3,798,948
3,452,571
703,670
415,390 6,742,703
863,723
118,014
241,142 2,098,518
213,970
23,532
64,676
420,396
649,728
94,463
176,417 1,676,243
535,775
102,883
170,797 1,601,838
55,110
764
765

7
Grand Trunk Western

Dec. 31- (Now includes Det Gr Hay & Milwaukee and
Chicago Det & Can Gr Trunk Junction)
1917.
-Month of December--Jan. 1 to Dec. 314,292,809 1,640,605 1,139,588 14,820,434 11,967,675
2,588,026
347,001
244,677 2,829,554 2,541.631
8,140.167 2,211,029 1,523,656 19,376,032 16,208,567
234,308
809,942
163,203 2,578,796 2,093,333
128,776
240,022 4,542,156 2,839,493
1.030,351
9,247
27,370
107,134
277,385
326,227
801,170
759,025 9,271,215 8,076,789
2,482.407
4,501 195 1,228,771 1,237.510 17 240,052 13 833,075
982,257
286,145 2,135,980 2,375,492
3,638,971
18.748
40,633
601,681
584,946
570,631
963,506
245,381. 1,530,187 1,787,523
3,067,737
69,183
979,029
188,791 -341,055
2,933.398
1,002

1,023

Fonda Johnstown & Gloversville

Great Northern

Fort Smith & Western

Gulf & Ship Island

Dec. 31- Month of December
--Jan. 1 to Dec. 31Month of December- -Jan. 1 to Dec. 31- 1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
$
$
$
$
$
$
$
$
$
1,685,639
29,608
22,432
285,541 7,718,127 4,834,522 76,937,445 64,300,666
354,233
289,777
64,584
71,8880 .1,764,762 1,297,788 15,672.419 15,836,341
61,565
714,898
2,026,108
99,156
90,039 1,123,137 1,064,318 9,848,200 6,884,842 100661,066 88,534,163
205,687
11,384
466,020 17,391,119 11,555,903
99,728 1,786,867
117,243
9,357
273,165
8,675
906,004 20,754,684 11,886,672
,80,976 3,864,470
6,594
97,339
31,483
598
35,265
149,649
778,988 1,336,870
7,444
8,720
584
930,170
58,741
413,119
336,574 4,347,914 3,218,055 43,002,265 32,243,472
27,429
1,529,373
66,091
602,2171 10,240,534 4,937,903 84,389,569 59,247,785
51,267
696,888
496,735
33,065
462,1001 -392,334 1,946,939 16,271.497 29,290,377
38,772
426,248
112,344
3,222
5,205
55,522
51,236
780,629 5,626,103 6,297,188
46,905
384,387
29,842
33,567 • 370,725
415,194 -443,933 1,165,157. 10,639,228 22,987,545
383,696
26,616
31,586
321,182
377,043 -474,891 1,247,276 11,978,790 23,750,587
36
39
88
88 (See also on page 14)
8,257
8,255

East St Louis Connecting

-Month of December--Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to
1917.
1917.
1918.
1917.
1918.
1918.
1918.
1917.
1918.
1917.
1918.
$
$
$
112,438
131,693 1,737,688
97,399
803,018
54,451
reight revenue
897,392
53,649
605,471
52,743
278,846
30,011
'assenger revenue._
34,586
302,486
202,584 2,548,059
73,436 1,118,382 1,126,252
171,659
141;728 1,296,857 1,179,849 • 182,479
Tot., incl. other rev.
80,346
96,552
142,381
7,895
35,319
524,447
6,203
13,718
54,133
13,277
202,248
200,901
82,562
Cr179
247,562
455,780
37,637
45,556
13,430
29,400
23,916
341,131
271,192
2,761
3,502
228
4,734
44,985
180
3,620
Traffic expenses..
3,479
2,876
37,286
36,467
653,388
69,999
874,684
80,991
Transportation exp.
95,756
91,760
888,676
46,113
49,493
466.656
369,335
870,680
81,372 1,315,529
103,370
Total,incl. other..
201,821
187,287 2.033,132
99,436
95,519 1,120,474
941,700
-7,936 -197,147
255,41
-23,024
514,927
15,297
238,148 -19,341
22,222
et from railroad..
46,209
176,382
26,268
21,604
2,000
1,948
171
136,088
21,924
48,180
axes (less war taxes)
2,815
5,430
53,815
-25,024
-9,885 -223,418
233,966
Net after taxes
19,089
-41,282
15,073
378,318
122,154
189,940
40,763
-42,084
28TIV -3 6:623
-8
32,546
10,720
363,664
25,419
41,064
186,732
242,016 -38,178
et after rents
1,603
, 644
'or taxes
3
3
307
307
253
253
• ver. miles of r'd oper.
EARNINGS.

•KAIX,MiPIrgV

Elgin Joliet & Eastern

Month of December--Jan. 1 to Dec. 311918.
1917.
1917.
1918.
$
,
$
$
$
1,705,669 1,026,244 17,708,548 14,622,696
reight revenue
5
3
145
assenger revenue......
127
Tot.,incl. other rev. 2,037,562 1,194,688 20,685,048 15,816,473
xpenses-MaInt.way
121,932
109,567 1,772.775 1,416,364
421,612
Maint. of equipm't
50,514 5,078,665 3,527,154
6,380
8,533
80,903
100,774
Traffic expenses_
Transportation exp..
762,298
536,534 7,555,016 5,619,427
other.. 1,342 503
10,997,720
740,793 14,785,276
.Total, incl.
695,059
453,895 5,899,772 4,818,752
et from rallroad...._ _
40,556
49,288
619,089
599,056
axes (less war taxes)
654,503
401,169 5,300,712 • 4,196,164
Net after taxes
rents
643,432
241,397'47717,9T- 2,433,632
- 3
et after
"at taxes
809
803
ver, miles of r'd oper.

Gulf Mobile & Northern

EARNINGS.

El Paso & Southwestern

Dec. 311917.
$
1,714,243
462,593
2,328,741
338,290
338,416
40,820
720,152
1,552,310
776,431
129,118
646,994
678,337

111•0MIIIMILIMCCCIAMEMN

.11.1=111•11•2611,31iNIMUll

IIIMMIIIIMMISIN•01111111 ••••••••• ,M111•••••••.1.1.•=1•••

1•1111111111./1•111=xr•

11111:=2.1=Sell

Month of December--Jan. 1 to
1917.
1918.
1918.
$
$
$
127,260 1,867,949
159,927
426.398
48,365
40,605
180,207 2,418,292
219,352
431,541
29,930
53,096
557,448
37,627
62,711
56,227
6,086
6,050
63,664
999,167
109,416
150,029 2,156,110
241,953
262,181
30,179
-22,600
29,814
140,635
16,408
121,511
363
-39,017
191,159
-36,541
13,801
263
23,260
-2,271
402
407

Galveston Wharf

Hocking Valley

Georgia

flhinois Central

Dec. 311917.
$
1,862,429
338,234
2,322,649
311,491
399,371
51,815
717,339
1,589,401
733,24g
140,565
592,674
757,079
572

-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31- Month of December--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
1917.
1918.
1918.
1918.
1917.
1917.
1918.
1917.
$
$
$
$
$
$
$
$
$
958,363 11,785,974 10,584,191
977,886
reight revenue
611,645 11,343,613 8,974,872
558,667
161,602 2,334,757 2,350,791
156,310
assenger revenue...._
97,177
87,116 1,038,843
961,706
Tot., incl. other rev. 1,222,272 1,175,861 14,790,467 13,634,862
699,244
747,605 13,155,861 10,696,434
111,714
92,406 1,049,837 1,092,443
85,912 1,416,319 1,258,632
132,173
xpenses--Maint.way
89,379 1,490,446
124,259
945,590
6,064
142,698
109„636
11,325
149,402 2,471,400 1,633,177
220,877
Maint. of equipm't_
216,310 3,718,009 2,365,944
296,291
16,477
1,260
18,892
1,761
21,008
165,628
9,521
249,781
Traffic expenses_....
15,723
5,270
83,422
120,674
428
4,535
3,609
133
334,425 4,165,189 3,706,185
344,388
Transportation exp..
356,185 4,912,856 3,716,383
348,799
306,645
20,491 . 351,943
28,912
720,441
634,938 8,629,019 7,299,958
Total,incl. other_
705,381 10,448.792 7,409,122
795,113
38,284 .. 687,689
600,846
59,332
501,831
540,922 6,161,447 6,334,903
42,224 2,707,068 3,287,311
• at from railroad........
362,148
54,121
491,597 -95,869
52,382
127,633 1,210,901
258,885
612,704
38.568
axes (less war taxes)
483,589
612,568
11,983
138,420
5,128
147,783 Cr85,635
413,287 4,950 259 5,721,977
242,945
-10,234
3,656 2,223,364 2,668,024
Net after taxes_...._
47,254
42713
223,720
343,813
247,048
396,166 4,936,391 5,443,753
25,591 2,718,733 3,314,957
et after rents
17.164
42,137
227,316
47,230
343,813
•'at taxes
349
220,179
• 1,300
1,216
13,000
1,028
1,027
349
ver. miles of r'd oper.
350
13
13
EARNINGS.

Erie System

Erie
-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec.' 31-Month of December--Jan. 1 to Dec. 311017.
1917.'
1918.
1917.
1918.
1918.
1918.
1917.
1917.
1918.
1918.
1917.
$
$
$
$
$
$•
6,224,504 3,880,937 67,683,701 53,764,724
eight revenue
326,546 4,196,619 2,858,362 6,334,742 5,021,210 79,271,487 63,126,728
376,183
841,596 11,689,242 9,879,483
- 1,085,382
assenger revenue...
222,877
159,009 2,085,482 1,169,337 2,086,242 1,813,703 20,543,263 17,099,174
Tot.. incl. other rev. 8,176,460 5,309,242 87,855,460 70,982,218
537,133 6,716,502 4,366.637 9,130,043 7,398,783 107320,261 87,144,786
637,528
677,402
419,200 10,775,540 6,666,675
xpenses--Maint.way
614,431 16,301,104 11,289,315
39,211
349,070 1,631,885
61,078
513,568
703,773 28,462,304 17,600,714
Maint. of equipnft. 2,647,023
53,299
897,299
603,209 3,321,638 1,420,367 26,615,299 18,214,178
85,920
96,124
51,717.
845,098 1,158,556
Traffic expenses
67,918
137,623
855,542 1,332,010
16,555
90,093
171,326
8.303
exp. 4,843,084 3,572,825 45,030,329 33,357,263
Transportation
225,187 2,689,287 1,699,732, 4,056,426 2,904,724 43,214,596 29.076,857
296,505
Total,Incl. other_ 8,322,979 5,978 396 §7,663_273 60,817,684
347,153 4,358,771 2,940,043' 9,366,754 5.322.406 90,184,410 62,339,834
465,753
-146,519 --669,153
191,687 10,164,534
et from railroad_
189,979 2,357,730 1,426,593 -236,710 2,676,376 17,135,850 24,804,951
171,774
121,969 Cr162,806 2,331,677 2,377,818
axes (less war taxes)
346.921
566,656 5,036,609 4,785,500
8,647
75,062
5.950
73,953
-269,955 -506,680 -2,147,226 7,767,754
taxes
Net after
181,123 ,2,282,49• 1,352,283 -584,368 1,508,914 12,085,072 20,007,080
165,295
-227,668 --421,600 -1,079,617 8,671,220
after rents
7
at
175,151
163.545 2,246,56-.'1,452,094 -680,079 1,814,356 12,907,465'22,911T524
9
628.387
365,979
992,190 1,400,864
or taxes
!
1,989
1,989
ver. miles of r'd oper.
4,782
4,765
328
328
i International & Great
Chicago & Erie
Grand Trunk Lines in New Eng.,
Northern
Month of December--Jan. 1 to Dec. 31Month of December -Jan. 1 to Dec. 31Atlantic & St Lawrence RR
,1917.
1918.
1918.
EARNINGS.
1917.
1917.
-Month of December--Jan. 1 to Dec. 311918.
1918.
1917.
' 8
$
$•
$
$
$
1918.
1917. 1
1918.
1917.
590,662 9,116,202 7,496,444
902,330
eight revenue
757,275
798,941 8,859,714 8,582,334
1,245,868
470,757
49,457
119,753
953,506 • 587,875
. •.anger revenue..._
377,821 3,597,255 3,158,011
291,577
173,587
26,166
I
700.083 11,039,823 8,794,149
Tot.,incl. other rev. 1,137,362
1,178,349 1,260,865 13,476,888 12,588,224
1,668,748
563,511
237,310
41,171 1.836.862
xpenses--Maint.way
829,628
132,979 2,103,699 1,438,225
274,236
400,088
95,096
167,859
109,621 1,938,442 1,156,620
Maint. of equipm't.
341,734
181,980 3,083,452 2,017,286
302,770
39,626
12,141
17,911
161,660
233,451
22,235
Traffic expenses.._ _
9,323
159,153
271,488
12,036
2,190
565,523
442,797 5,509,710 4,213,164
Transportation oxp_
534,843
454,553 5.858,605 4,596,543
920,755
274,972
630,993 9,741 122 6 659A3,§
Total,incl. other.. 1,011,842
1,202,831
833,797 11.643,003 8,649,994
1,796,613
453,689
69,090 1,298,700 2,134;710
125,510
--24,482
427,068 1,833,885 3,938,23
0
et from rallroad....
109,821
-127,864
Cr13
328,517
60,000
:390,000
309,028
23,296
358,232
(less war taxes) Cr29,150
axes'
113,164
38,164
154,660
69,085
970,137 1,8251662
-84,484
403,454 1441,S42 3,577,367
Net after taxes
-241 028
71,657
57,310 -162,024 -1,189,261 --836,453
-65.973' 367,094 1,372,280"303
et after rents
-532,221
8,294
1,489
at taxes
269
269
ver. miles of r'd oper.
1,159
1,159
172
EARNINGS.




8

RAILWAY EARNINGS

EARNINGS.
Freight revenue
Passenger revenue..
Tot.,Incl. other rev.
Expenses-Maint.way
Maint. of equipm't
Traffic expenses
Transportation exp_
Total,incl. other_
Net from railroad..
Taxes (less war taxes)
Net after taxes..
Net after rents
War taxes
Aver. miles of r'd oper.

Kansas(NV Mexico & Orient RR
-Month of December--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
$
$
$
53,890
96,218 1,040,234 1,003,352
10,960
13.978
155,393
151,105
69,824
115,792 1,259,674 1,217,344
32,396
14,235
259,367
187,105
39,616
30,209
540,349
320,046
1,333
5,098
37,866
62,853
60,350
52,910
686,356
560,343
141,569
108,582 1,604,682 1,202.292
-71,745
7,209 -345,007
15,051
4,286
7,007
73,156
75,363
-76,031
Cr3,059 -418,165 -60,563
--65,645
--334,318 --37,039
272

272

[voL. 108.

Lehigh. Valley
Midland Valley
-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
$
$
$
$
$
$
$
$
4,844,685 3,051,911 53,921,165 44,271,690
237,518
180,858 2,642,574 2,188,64
512,024
453,646 6,234,935 4,894,989
75,586
64,498
725,267
616,19
5,894,043 3,862,838 65,586,769 53,358,445
323,539
257,002 3,504,779 2,977,12
807,939
38,144 7,818,030 5,353,466
69,457
28,370
567,708
581,77 ,
1,716,846 1,051,253 17,004,250 9,999,609
56,457
398,961
54,652
594,383
46,302
104,920
654,981 1,013,394
1,437
2,932
35,891
25,828
2,863,851 2,366,096 30,523,763 24,141,699
136,853
105,429 1,298,175
921,34
5,541,788 3,603,705 57,346,025 41,826,165
280,807
201,311 2,622,791 2,040,79'
352,254
259,135 8,240,743 42,731
1,5:' =
55,691
882,488
886,32
98,061
113,813 1,874,237 1,953.954
6,179
24,285
84,777
97,33
253,932
145.790 6,364,382 9.575.995
36,500
31,069
797,469
788,3 i
380,727
149,576 6,683,313 • 9,688,471
30,382" 03, 4--- - 4
0
750,888 " 765, :(
---17,724
172,671
40
6
1,436
1,446
387
386

Kans City Mex & Or Ry of Texas

EARNINQS.
Freight revenue
Passenger revenue
Tot..incl. other rev.
Expenses-Maint.way
Maina. of equipm't_
Traffic expenses
Transportation exp_
Total,incl. other_
Net from railroad
Taxes (less war taxes)
Net after taxes
Net after rents
War taxes
ver. miles of r'd oper.

-Month of December--Jan. 1 to
1918.
1917.
1918.
$
$
$
60,891
93,260
976,445
10,935
16,303
147,556
77,131
115,336 1,188,656
41,663
13,037
289,244
42,699
26,138
463,240
1,248
4,034
30,002
62,658
55,333
666,265
156,168
103,397 1,513,657
-79,03d
11,939 -325,000
9,031
4,831
64,031
-88,06g
7,107 -389,730
9,689 -361,530
a -88,951

Los Angeles & Salt Lake
Mineral Range
Dec. 31- -Month of December--Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 31
1917.
1918.
1918.
1917.
1918.
1917.
1917.
1918.
1917.
$
$
$
$
$
$
$
$
s
1,052,530
884,770
91,280
747,113 9,847,716 8,232,866
81,344 1,085,325 1,115,891
191,199
291,865
295,371 3,617,523 3,475.246
1,537
2,752
26,339
35,42
1,308,778 1,269,544 1,132,859 14,517,377 12,766,723
95,793
87,395 1,143,534 1,184,84:
221,701
209,032
17,911
120,921 1,883,663 1,386,152
14,960
199,694
238,221
291,429
308,973
164,762 3,052,669 1,811,902
21,499
217,521
15,549
268,367
47,463
19,079
36,018
286
270,805
617
398,537
4,626
5,83
669,843
479,818
54,269
296,063 5,069,072 3,644,763
55,921
615,455
645,97:
1,287.689 1,080,353
660,412 10,871,887 7.721.225
95,057
88,416 1,101,261 1,122,50
21,089
180,19I
738
473,447 3,645,690 5,035,497
-1,022
42,272
62,3 7
.:
64.433
40,939
3,131
81,577
717.989
-6,111
714,519
40,000
40,38
-43,50
-2,394
147,974
391,862 2,926.058 4,320.484
'7i3
2,272 • 21,951
2,272
--8,815
127,271
377,321 - IT, - 3,946,164
1,963
' , 0
'27I - 5
-8,094
9,739
3,88
3,288
22,974
45,360
68,924
rim*
1,168
100
1,154
109

465
465
.....
Iliansas City Southern System

Louisiana & Arkansas

Minneapolis & St Louis

Louisville & Nashville

Mississippi Central

Maine Central

Missouri Kansas & Texas RR.
-Month of December
--Jan. 1 to Dec. 31
1918.
1917.
1918.
1917.
$
$
$
$
2,228,990 1,502,429 23,752,658 18,580.28
,
621,450
630,694 7,367,083 5,647,031
3,036,614 2,334,701 33,230,334 25,990,721
569,428
249,347 5,465,859 3,295.312
743,217
618,985 8,666,045 6,280.756
49,189
31,882
324,070
425,137
1,132,011
878,758 11.641,737 7,937.238
2,600,370 1,847,926 27,146,341 18,755,295
48078 6;68.170- 1 ,
6
22,902
97,633 1,110,545 1,22+ ,208

in
Kansas City Southern
-Month of December- -Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31-Month of December--Jan. 1 to Dec. 311918.
1918.
1917.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
$
$
$
$
$
$
$
$
Freight revenue
989,149" 768,381 11,858,056 9,544,757
816,641
96,560
91,270 1,216,629 1,214,523
796,180 9,326,192 8,332,44
Passenger revenue..
241,959
207,854 2,241,542 1,843,390
198,122
43,923
46,060
178,323 2,049,093 1,952,18
382,345
293,282
Tot.,incl, other rev. 1,387,027 1,072,301 15,250,406 12,410,965
146,071
142,793 1,671,651 1,569,721 1,067,624 1,033,696 12,028,300 11,005,06
Expenses-Maint.way
275,835
90,530 1,846,143 1,173,189
160,203
49,622
Cr3,805 2,128,723 1,535,25,
25,833
373,696
281,681
Maint. of equipm't_
396,328
172,091 3,014,974 1,839,807
271,695
27,089
,21,715
127,648 2,989,574 1,270,511
309,652
260,689
Traffic expenses..
6,564
22,562
211,531
305,456
7,952
3,110
4,294
18,383
37,510
150,890
215,07:
46,345
Transportation exp_
615,803
403,241 6,035,899 3,932,382
586,932
70,521
438,421 5,792,794 4,575,86'
50,541
673.682
484,462
Total.incl. other._ 1,291,779
721,342 11,525,000 7.634,680
155,677
601,318 11.371,096 7,851,57.
107,246 1,460,451 1,123,395 1,051,738
Net from railroad..
95,24g „, 350,959 3,725,405 4,776,284
-9,605
15,886
432,374
35,547
657,203
211,199 ,15,48'
717.117
Taxes (less war taxes)
67,326
35,659
694,447
592.911
74,869
23,932
7,303
47,982
143.605
648.298
113,839
542,80
Net after taxes._
27.862
314.782 3,028.667 4.178,956 -33,604
28,244
383,940
67,W-7
7
5:1-7V3
,61 ,43
332,432 -59.08g
Net after rents
12,397
303,541 2,782,976 4,11(1,005 -33,60t
47,078
36,09A ---- 411,481
' 7
7,636
235,781 2,588,49
366,832
War taxes
L8,713 t L 50,000
104,567
150,000
. 133
3,707
2,948
Aver. miles ofr'd oper.
1074
755
302
1,646
302
1,646
Texarkana & Fort Smith
Minn FA Paul & Sault Ste Mari,
Louisiana Railway & Nay Co
-Month of December-:-Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31
EARNINGS.
1918.
1917.
1918.
1917.
1918.
1918.
1917.
1917.
1918.
1918.
1917.
1917.
$
$
$
$
$
$
$
$
Freight revenue
100,001
85,362
998,448
885,982
201,549
160,617 2,170,751 1,877,609 3,148,842 1,849,070 27,097,097 25,360,29
Passenger revenue
19,869 • 18,924
190,566
152,318
527,840
57,880
531,952 6,255,850 6,545,72'
78,980
730,693
478,978
Tot.,incl. other rev.
127,060
114,932 1,281,121 1,136,522
274,390
251,533 3,078,058 2,497,555 3,905,178 2,580,085 35,930,292 34,540,49
Expenses-Maint.way
1,064
4,348
141,593
94,196
325,308
46,747
288,558 5,255,934 3,776,55
26,531
500,253
314,445
Maint. of equipm't..
12,462
5,121
156,638
58,732
634,900
48,329
349,812 7,292,081 4.736.33'
24,176
518,073
320,863
Traffic ex:Pauses
Cr478
1,875
18,764
32,799
21,329
3,481
44,922
6,863
359,329
52,032
567,91
77,947
Transportation exp.
37,750
27,946
470,347
346.390
160,325
89,366 1,422.871
944,641 1,507,014 1,262,580 15,821,328 12,994,08;
Total,incl. other..
838,558
54,745
570.855
43,194
266,174
154,096 2.535,973 1.738,051 2,558,829 2,020,370 29,690,607 22,964,79
Net from railroad........ 72,31g
71,73
442,563
505,666
8,214
97,46
492,084
759,483 1,346,34g" 650,714 6,239,684 11,5 5,19
Taxes (less war taxes)
2,939 "'"- 22,395
92,852
103.746
19:3,338
16.383
202,232 2,185,359 2,241,67
15,527
171,919
207,873
Net after taxes..
349,703 --69,378
1177M
49,287
357J3g `4,-F5 1,6- 1 972. 1, 1'
81,909
-8,169
319.919
7- 7- 9
(
551,105 1,152,972 --Net after rents
71,269
142,866 ,310,034
390,217 -23.804"78,862
390,054 3,858,722 1,21
198,746
518,513 1,066,413
1
War taxes
,1,240
14,889
Aver. miles of r'd oper.
81
81
4,243
356
4,227
342
EARNINGS.

Kansas City Terminal

-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31
1918.
1917.
1918.
1918.
1917.
1918.
1917.
1917.
1918.
1918.
1917.
1917.
$
$
$
$
$
$
$
$
Freight revenue
6,620,429 4,530,453 71,479,723 55,678,079
34,126
64,114
744,597
654,541
Passenger revenue...._
42,739
2,540,072 1,863,701 24,484,069 16,374,643
32,528
445,797
253,38
Tot.,ind.other rev.
108,877
95,873 1,247,829 1,131,294 9,644,401 6,866,585 101392,792 76,907,387
80,464
112,256 1,246,990
974,74'
Expenses-Maint.way
22,335
8,536
174,945
23,637
14,052
786,398 13,126,522 9,289,233
112,680 1,605,378
184,085
120,33
Maint. of equipm't_
16,441
35,100
22,126
284,406
176,063 2,020,072 1,341,393 23,341,987 14,852,774
23,182 -306,932
220,001
Traffic expenses
1,339
110,474
2,234
147,957 1,366,059 1,556,848
17,448
14,00,
Transportation exp..
56,081 "'
47,486
635,029
48,706
453,562 3,899,850 2,480,562 39,623,246 25,615,285
34,074
399,515
260,53
Total.incl. other_
116,935
74,749 1,113,030
769.804 7,836,222 4,893,120 79,556,971 52,998,758
98,235
76,761
967,195
666,451
0 to
Net from railroad_ ___
-8,058
' 21,123
134,799 =717 1,808,178 1,97,464'TE- 78705 '23,908,6M -7= 7
35,494
8
Taxes (less war taxes)
6,624 Cr45,470
212.474
2,973
265,916 3,322.221 3,190,993
236.898
507,286
7,990
44,512
58,04:
•
Net after taxes____ -14.682" (ii;,5ifi -79.857
--l
I 24.401 1,360,084. .
11,70372 '18,500,664 0?763--- ;q5 -20,754
-3
27,504
,9 .
35,264
Net after rents
184,760
175,05/,..2,184,4241 2,235,365 1,02009 1,893,34 '19,367,632 n,827,039 --17,38/
36,48g303,52
85,1
War taxes
-8.174 if
40,000
--702
160,760
480,000 1,928,524
9,225
, '
1,
,
0
Aver. miles of r'd oper.
24
[23!
4,996
164
5,074
164
its
"F
7 tehigh/& Hudson RiveiglfW Louisville Henderson & St Louis
Missouri & /fcmrtli Arkansas
-Month of December
--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31
EARNINGS.
1918.
1917.
1918.
1917.
1918.
1918.
1918.
1917.
1917.
1918.
1917.
1917.
$
$
$
$
$
$
$
$
Fseight revenue
361,289
146,505 2,333,219 2,027,163
200,424
50,283
127,447 2,001,210 1,607,371
59,413
855,841
861.91'
Parsenger revenue..
4,132
4,375
45,620
49,344
51,375
33,566
42,091
55,564
730.903
442,478
506,429
455,64
Tot.,incl. other rev.
372,251
158,314 2,476,850 2,247,616
262,761
94,914
191,912 2,858,463 2,226,649
109,609 1,404,131 1,417,96'
Expenses-Maint.way
31,287
21,360
334,563
230,541
57,346
54,510
62,290
422,567
17,781
242,701
402,589
314,959
Maint. of equipm't
45,248
32,065
446,069
349,754
40,694
20,672
37,317
414,043
17,401
303,225
278,613
231,44 ,
Traffic expenses
1,297
1,473
19,127
19,400
7,435
4,853
1,479
3,209
71,132
60,140
24,926
46,67i
Transportation exp_
65,559 1,085,436
110,280
95.384
805,950
71,422
75,441 1,029,018
46,482
755,385
621,891
541,30.
Total. incl. other_
194,323
127,660 1.953.118 1.467.806
208,785
159,782 2,004,819 1.452,320
178,502
90,386 1,420,776 1,122,301
Net from railroad,.......
177702g =In =TM
-779,810
32,634' 853,644
19,22
'774,324 --83763A
295,65.
Taxes (less war taxes)
6,000
5,000
71,600.
65.400
15.000
15,372
5,750
72,647
6,282
91,672
67,973
67,76'
Net after taxes....
171,92/
25,654'''152,112
= 7(4,407
38,924
17J6 " - --- 0
7 :674 '. 682,003 -8074
-01
7 =
.Y
0..
Net after rents
164,929 i7
-7729'
357,549 -51`" =
26,.
-Ca
GM
, 34
640,222
532,741
-117045
I-. - f
War taxes
2,500
11,000
,30.000
2,250
33,000
6,750
Aver. miles of r'd oper.'
1196
t196
199
'
199
365
361
EARNINGS.

Lehigh & New England
EARNINGS.
Freight revenue
Passenger revenue
Tot.,incl. other rev.
Expanses-Maint.way
Maint, of equipm't_
Traffic expenses
Transportation exp_
Total,incl. other..
Net from rallroad..
Taxes (less war taxes)
Net after taxes..
Net after rents
War taxes
Aver. miles of r'd oper.

-Month of December--Jan. 1-ta Dec. 31- -Month of December--Jan. 1 to Dec. 311918.
1918.
1917.
1917.
1918.
1917.
1918.
1917.
•
$
$
$
$
$
$
$
$
294,903
239,436 3,679,107 3,505,273
927,501
697,476 10,705,225 8,999,154
1,668
1,611
17,208
361.243
15,993
336,460 4,371,841 3,900,166
334,727
254,037 3,989,895 3,666,566 1,429,413 1,125,183 16,415,178 14,125,576
31,749
1,764
518,284
310,422
138,790 2,741,844 1,632,812
409,841
51,534
50,276
757,988
557,314
203,072 3,618,917 2,073,107
447,522
2,780
2,549
57,862
34,287 '
9,216
15,116
136,515
151,575
105,907 • 104,262 1,347,514 1,154,184
918,462
602,774 9,087,909"i 6,416,923
203,322
168,630 2,784,120 2.263,645 1,725,558
999.762 16,029,745 10,675,876
131,404
85,404 1,205,774 1,402,921 -298,144
125,421 .---3T35,2 :7-3, 49, 00
,
8,000
14,400
103,408113,498
70,443
70,865
803.928 •
726,905
,004 1,102, - g `CM,12 ===.1- 676T5
-3 -6
. 7 1
6
54,446
tl8.77T Th,722,g76
1
12 .161
"1.,T787658 1,368.0
- -595,8941:2,729,313
18,773
6,485
116,618
117,455
224
297
1,216
1,216




40,10imum - ---A7 1,1 • ,1,:
70Z
383,436
!,; • !
5.21'S7ig
1,736

1,744

9

RAILWAY EARNINGS

FED., 1919.]

Missouri Kant; & Texas Ity of Tea

New Orleans & North Eastern

-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to
1917.
1918.
1917.
1917.
1918.
1918.
1918.
EARNINGS.
$
$
$
$
$
$
$
343,875 4,292,392
949,979 11,319,047 9,808,257
357,833
1,165,443
Freight revenue
131,442 1,491,581
691,456 7,051,123 5,189,686
135,139
638,892
Passenger revenue..
511,904 6,474,717
Tot.. incl. other rev. 1,925,129 1,774,820 19,240,330 16,300,155 . 572,053
716,836
35,922
193,440 3,697,490 2,806,034
60,461
336,838
Expensee-Maint.way
30,602 1,457,821
214,357 3,676,381 2,286,856
134,593
320,259
Maint. of equipm't_
92,429
10,825
30,042
245,356
339,948
19,406
2,840
Traffic expenses_ -189,477 2,749,654
765,577 10,085,003 7,264,561
274,047
993,571
Transportation exp..
285,034 5,192,415
13,410,410
485,477
Total,incl. other.. 1,763,745 1,266,572 18,693,165
226,870 1,282,302
156,383
66KTig 1,147,164 2,",, 5
86,576
Net from railroad_
309,590
53,809
569,849
571,770
8,878
40,546
45,093
Taxes (less,war taxes)
173,00g ---- /2,101
' 9
467,536
575,261 2,316,102
77,69/
110,440
Net after taxes.._ _ _
075 - 4
618,730-800,004
177g,7TS -- - T430
74,538
265,88
2,441
Net after rents
18,137
1,793
War taxes
203
1,796
203
1,796
Aver. miles of r'd oper.

Dec. 311917.
$
3,537,502
980,752
4,969,264
483,991
858,591
123,492
1,691,654
3,339,504
1,629,759
329.198
1,299,331
1,432,110
87,795

New York Central Sys (Concl.)

Cleve Cin Chic & St L (Inc Peoria & East)
--Jan. 1 to Dec. 31-Month of December
1917.
1918.
1917.
1918.
4,296,335 2,665,894 49,934,632 36,077,389
1,432,662 1,188,654 15,759,127 12,009,346
6,310,415 4,244,428 71,403,970 52,650,920
742,395
113,795 7,298,040 4,378,438
1,294,489
756,759 13,894,336 9,808,417
63,344
882,576 1,042,725
75,990
2,681,680 2,054,254 28.729.454 21,459,558
4,932,705 3,126,177 51,895,288 38,059,421
1,377,709 1,118,251 19,508,681 14,591,499
241,103
215,252 3,538,917 2,144,867
.
1,13678/4
902,753 15,962,010 12,436,999
1,084,501
781,790 14,688,938 10,536,474

2,386
Indiana Harbor Belt
-Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 311918.
1917.
1917.
1918.
1917.
1918.
1918.
1917.
1917.
1917.
1918.
1918.
EARNINGS.
$
$
$
$
$
$
$
$
$
1,480,439
1,634,462 1,450,966
103,654 1,403,705
122,284
92,661
95,834
Freight revenue
465,608
379,047
314,720
40,480
36,074
292,478
54,462
18,854
Passenger revenue_ _ _
529,778
345,724 5,591,235 5,121,878
145,227 1,780,546 1,906,916
165,682 2,197,315 1,916,217
156,966
121,727
Tot.,incl. other rev.
69,216 1,216,443
623,843
153,920
251,006
204,466
32,836
410,483
25,160
334,425
30,210
39,902
Expenses-Maint.way
125,424
90,167 1,339,426
700,795
561,854
433,281
422,635
310,733
128,140
27,194
42,188
52,968
Maint. of equipm't_
2,627
22,427
1,930
33,811
24,944
48,607
3,191
3,340
33,695
38,077
1,665
4,231
Traffic expenses_ _ _
356.212
275,656 3,659,004 2,650,771
871,437
107,723
938,480
63,228
809,050
607.410
' 64,900
111,550
Transportation exp_
448,071 6,397.711 4,131,520
652.114
278,786 2,047,800 1,693.817
151,084
126,507 1,693,878 1,244,807
218,981
Total,incl. other_
090,357
213,099 -62,01 --7
- 671,416 -122,335 -102,34 -806,476
29,356 -1337.6U'-2677253'
3
-071-76
503,436
Net from railroad.._ _ _ 122,123
99,991
7,329
11,588
102,486
55,173
86,953
4,527 Cr45,397
1,774
109,483
19,642
Taxes (less war taxes)
890,18r
156,946 -81T651
583.6311 -133,967"-109,787 -028,615
37,661.
34,563 -88,28'-273,156
393;587
Net after taxes_ _ _ _ 9,979 -88,466
470,167
689,167 -138,71 -227.852 --603,434 --551,646
-.38062 -98,837
'39,198' 409,220
Net after rents
109
116
6,217
450
War taxes
116
113
332
284
332
284
Aver. miles of r'd oper.
Kanawha & Michigan
N Orleans Texas & Mexico System
Missouri Pacific
-Month of December- -Jan. 1 to Dec. 31New Orleans Texas & Mexico
-Month of December--Jan. 1 to Dec. 311917.
1918.
1918.
1917.
1917.
--Jan. 1 to Dec. 311917.
1918.
-Month of December
1918.
EARNINGS.
$
1917.
$
1917.
1918.
$
1918.
$
$
300,715
245,054 4,552,913 3,055,084
53,612
150,644 1,355,288 1,178,189
5,877,973 4,544,350 63,486,624
Freight revenue
43,116 1,118,461
99,971
419,190
291.253
32,674
473,621
38,543
1,734,677 1,682,093 19,535,391
Passenger revenue..
423,367
300,549 5,896,134 3,606,990
186,423 1,885,623 1,517,603
97,734
Tot.,Incl. other rev. 8,113,593 6,780,313 89,612,397
21,402
657,736
421,511
23,741
213,708
19,013
368,349
666,954 14,632,085
33,773
Expenses-Maint.way 1,726,995
130,089
75,857 1,509,671
895,700
407,991
227,458
22,202
44,077
Maint. of equIpml. 1,557,253 1,122,249 18,477,823
4,706
32,828
41.146
1,852
52,502
135.454 1,071,351
2,902
26,617
811
70,044
Traffic expenses_
107,050 1,876,388 1,092,139
164.162
613,600
416,354
44,529
52,398
Transportation exp.. 3,586,527 2,632,489 36,522,013
331,873
217,754 4,207,119 2,543,126
985.047
4,733,085 73,231,737
93,200 1,497,139
138,338
Total, in other.. 7,165,094
82,794 1,689,015 1,063,864
91,49A
532,556
388,484
93,223
948,49g 2,047,224 16,380,659
-40,603
Net from railroad.._ _ _
211,376
8,260
26,303
227,933
629,366 3,144,290
78,758
100,588
77,535
56,928
11,688
Taxes (less war taxes)
852,466
83,23
56,491 1,461,081
13,218,384
454,774
866,764 1,416,62/
2
8775W
--52,296
36,294
Net after taxes.... _ _
• 752,896 .--- T 732, 14 11,764,562
82,212
75,825 1,651,579 1,507,9g5
41,80T
445,112
612,876
1 -33,673
Net after rents
55,213
69,008
7,221
27,000
2,250
War taxes
176
176
7,301
191
7,108
191
Aver. miles of r'd oper.
Lake Erie &]Western
Beaumont Sour Lake & Western
Monongahela Connecting
Month of December- -Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 311917.
1918.
1918.
1917.
1917.
1918.
1917.
1917.
1917.
1918.
1918.
1918.
EARNINGS.
$
$
$
$
675,730
535,988 8,252,428 7,061,114
779,380
100,157 1,019,529
69,597
Freight revenue
59,217
57,268
626.335
665,349
345,146
200,749
24,773
13,834
Passenger revenue
773,020
622,987 9,343,904 8,122,895
300,665 2,473,763 2,010,969
117,901 1,411,973 1,034,522
228,302
Tot.,incl. other rev.
98,865
133,743 Cr83,642 1,275,217
362,064
810,583
340,306
159,685
29,940
12,110
217,639
38,894
21,980
Expenses--Maint.way
247,667
148,032 2,436,193 1,404,732
320,582
463,184
33,748
116,878
12,218
215,028
81,466
22,393
Maint. of equipm't_
11,980
30.724
146,976
179,983
4,236
5,325
367
15,953
27,659
510
2,493
526
Traffic expenses
322,505 4,331,305
430,124
982,562
285,175
103,480 1,329,172
464,827
313,167
138,118
32,805
31,538
Transportation exp_
845,742
439,984 8,440,012 5,871,532
664,054
172,291 2,207,321 1,721,316
265,892
63,714
962,635
80,232.
Total,incl. other..
72,121
182,501
903,892 -2,251,36g
289,653
266,441
128,573
370,467 -711 -37.590
455,338
54,181
Net from railroad...._ _
18,633
30.322
27,326
60,552
340,065
397,052
38,898
13,424
8,772
27,760
32,901
8,510
Taxes (less war taxes)_
10,901
259,331
122,905
562,339 '1,853,776
27,643
119,800
342,480 -100,686
45,676
4227334'
Net after taxes.._ _ _ -51,015
7,731
124,004
379,653 1,475706
139,07 ' 158,398
122,718
-86,862
157,602 -111,912
244,761
29,359
Net after rents
-8,458
1,840
197
3,000
War taxes
250
900
900
5 t'
5
118
Aver. miles of r'd oper.
118
Michigan Central
St Louis Brownsville & Mexico
Nashville Chattanooga & St Louis
-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31- -Monthjof December- -Jan. 1 to Dec. 311917.
1917.
1918.
1918.
1917.
1918.
1917.
1917.
1918.
1918.
1918.
1917.
EARNINGS.
$
$
$
$
i
$
$
3
$
3•
$
849,533 14,554,220 10,431,355
1,26,963
263,279 2,933,099 2,301,302 4,582,157 2,919,170 45,949,560 33,898,246
275,947
Freight revenue
403,654 5,978,978 3,558,399
540,254
104,534 1,191,951 1,249.805 1,379,696 1,241,512 15.901,584 12,859,299
105,330
Passenger revenue.._..
392,607 4,448,927 3,918,190 6,568,886 4,727,394 68,520,087 52,879,434
407,423
Tot.,Ind.other rev. 1,893,377 1,353,892 21,757,402 15,194,755
643,778 Cr85,092 7,705,079 5,389,670
123,412 2,592,940 1,564,530
586,169
277,973
685,225
52,300
77,334
Expenses-Maint.way
252,162 4,774,565 2,884,289
928,906
806,970 12,382,137 8,026,083
479,368
322,398
43,375
818,809
73,583
Maint. of equipm't..
431,917
54,254
657,683
50,634
82,668
738,990
865,238
126,623
23,339
11,251
65,801
1,431
Traffic expenses......
594,022 9,281,724 5,873,946
936,910
105,260 1,304,595 1,098,132 2,665,945 2,039,122 28,214,018 22,211,260
125,319
Transportation exp_
2,399,261 4,449,150 3,028,611 51,070,072 38,289,136
1,599,544 1,073,077 17,623,564 11,550,031
224,370 3,029,666
291,377
Total. Incl. other_
280,814 4,133,838 3,644,723
293,833
Net from/railroad_ _ _ _
168,236J' 741.0;Y66' 1,518,920 2,119,736 1,698,783 17,450,014 14,590,297
'
- 116,046
399,729
108,990
121,979
661,979
54,795 1,899,790 1,762,795
,
33,055
170,060
123,963
650,060
Taxes (less war taxes)
14,574
158,600 Th,'152,570 2,979,697
260,650
103,16S
, 94,235 1,347,751 2,009,730 1,643,398 15,542,761 12,814,096
Net after taxes.._ _ _
101,4311
217,181 4,119,127 3,963,278
1,900.819 1,433,5V 13,606.479' 8,886,386
274,023
Net after rents
77,119 1T2117344 1,298,097
96,814
79,992
12,000
53,441
1,861
209,441
6,666
36,666
War taxes
3,055
1,236
1,861
1.861
1,248
Aver. miles of r'd oper.
548
548
Pittsburgh & Lake Erie
Nevada Northern
New York Central System
-Month of December- -Jan. 1 to Dec. 31-Month of December--Jan. 1 to Dec. 31New York Central RE
1918.
1917.
1917.
1918.
1917.
1918.
1917.
1918.
-Month of December- -Jan. 1 to Dec. 31EARNINGS.
$
1917.
1917.
1918.
1918.
213,676 2,458,519 2,264,821 17,701,567 11,118,244190113,757 148192,842 2,316.003 1,574,313 28,513,512 21,139,925
200,040
Freight revenue
181,473
18,699
186,588 6.239,423 5,055,023 68,380,429 57,432.037
212,911
207,636 2,287,179 2,a49,133
12,496
Passenger revenue.._..
235,841 2,706.331 2,512.402 27,382,878 19,088,856294691,313 238829,799 2,762,004 1,940,317 32,992,272 25,621,654
218,304
Tot.,incl. other rev.
284,133
18,621
247,070 3,471,941Cr1,423,635 34,094,030 22,727,101
344,807
215,711 4,374.227 2,893,048
22,630
Expenses-Maint.way
31,428
329,305
265,822 5,628,392 2,301.792 61,695,183 41,182.622
872,195
399,068 7,038,496 4,795,678
28,152
Maint. of equipm't_
'10,743
856
9,917
19,594
17,009
187.253
194,454
1,387
242,177 2,843,631 3,168,967
Traffic expenses
285,517
475,321 11,640,522 8,759.467123108,567 94,632,907 1,004,978
51,243
649,171
875,318 10,217,617 8.254.963
52,832
Transportation exp_
108,228 1,343,756 1,067,865 22,030,489 10,650,307 232403.704 170542,128 2,287,217 1,560,086 22,365,184 16,652,502
111,460
Total,Ind. other..
..
1
6
474,787
380,231 10,627,088 8,969,151
1 (6370" 127,613 - 7362761- ' 1,444,537 '53389 8,438,64 t27237760 68,287,671
Net from railroad__ _
7,880
206,442
884.277 1,334,963
122,649
71,377
34,563
18,326
934,161 11,964,360 11,611,144
257,610
Taxes (less war taxes)
119,732 1,155,522 1,321,887 -5,094,300 1-7,305, 71 6ff,2007659 t6,652,082
345,642 '9,742,766' 7,634.10
403,374
88,517
Net after taxes.._ - _
-8
115,703 1,106,659 1,784,431 4,840,681 7,396,577' 48,291T371 64,451,336
331,216 9,839,554 7,435,472
388,620
83,t.
Net after rents
1,025
7,029
1,025
484,800
831
512,364
333,888
161,118
War taxes
64,118
165
224
224
168
Aver. miles of rd oper.
6,082
6,079
Toledo & Ohio Central
Cincinnati Northern
Newburgh & South Shore
--Jan. 1 to Dec. 31Month of December--Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31- -Month of December
1917.
1917.
1918.
1918.
1917.
1917.
1918.
1918.
1917.
1917.
1918.
EARNINGS.
1918.
$
$
$
864,224
465,762 8,696,366 6,868,765
Freight revenue
155,053 2,519,069 2.180,593
244,269
451
746
73.941
67,291
740,252
691.118
5.280
181.593
189,321
15,886
Passenger revenue
16,860
228,448 1,453,756 1,143,320
975,780
583,557 10,026,557 8,088,541
134,837
Tot.,incl. other rev.
176,989 2,812,979 2,440.829
266,795
14,376
199,633
89,021 1,550,451 1,035,569
103,201
29.698
120,724
322,606
Expenses-Maint.way
478,904
35,589 Cr10,061
22,339
250,240
239,948
125,446 2,495,011 1,468,679
243,521
8,186
428,765
37,342
768,544
Maint. of equipm't_
70,082
6,424
79,055
99,451
3,636
42,449
35,777
2,853
Traffic expenses......
2,192
46,828
325,898 4,567,578 3,356.445
657,939
398,192
60,688
592,962
938,924
76,749 1,056,763
Transportation exp.
109,545
94,552 1,144,075 1,032.391
561,215 8,914,123 6,114,504
1.767,202
102,004
762,193
110,171 7,342,937
223,053
Total,Incl. other..
22,341 1,112,434 1,974,236
309,681
213,586
--32,83 " M7r3 5
673,621
110,928
470,041
""' 66,811
Net from railroad........
371,826
15,179
98,307
24,321. 360,110,
33,738
94.648
20,507
69,970
129,870
12,387
9,439
Taxes (less war taxes)
752,295 1,602,323
-1,983
07316 -- - TI8771. 211,373
5
179,847
778,3:
40,958
54,404 "". 340,076 Net after taxes........
-15,584
738,469 1.534.243
103,704 - 15,626'
---1,671
158,170
390,6811
255,071
40,86
Netafter rents
3,448
14,775
War taxes
435
7
435
245
Aver. miles of r'd oper.
251

Missouri Oklahoma & Gulf

OWN.




New Orleans Great Northern

2,395

10

RAILWAY EARNINGS
New Itaric Chicago & St I:Ands

[VOL. 108.

Northern

Pacific System
Pennsylvania Sys (Concluded)
-Month of December--Jan. 1 to Dec. 31Northern Pacific
Monongahela
'
1918.
1917. ,
1918.
1917.
-Month of December
--Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 31$
$
$
$
1918.
1917.
1918.
1917.
1918.
1917.
1918.
Freight revenue
1917.
2,332,655 1,131,701 20,123,796 14,731,020 8,089,254 5,298,038 78,534,343
143,005 2,869,964 1,920,133
Passenger revenue.._ _
110,392
97,573 1,831,290 1,408,248 1,333,780 1,360,912 17,146.143 65.258,994 \ 260,680
15,646,778
24,316
20,948
241,825
182,024
Tot.,incl. other rev. 2,505,361 1,293,790 22,656,381 16,901,205 10,066,391
7,368,749 102908,259 88,225,726
292,821
171,277 3,208,757 2,152,835
Expenses-Maint.way
279,177
62,304 2,615,657 1,379,714 1,086,174
179,300 14,226,882 10,782,178
88,820
19,175
Maint. of equipm't_
740,998
425,726
413,240
266,533 4,172,819 2,707,764 1,873,612 1,566,019 16,716,958 11,245,120
31,211
42,866
Traffic expenses_ _ _
338,242
228,335
15,651
42,648
368,547
560,844
56,920
107,170
779,682 1,233,123
616
1,677
Transportation exp_
13,007
11,773
989,136
716,650 9,374,020 8,153,811 3,738,619 2,802,562 37,501,967 28,531,412
129,116
65,522 1,114,265
642,774
Total,Incl. other_ 1,746,973 1,131,785 17,489,757 13,281,308 6,969,625
4,847,345 71,516,302 53,297.861
251,954
133,894 2,271,115 1,359,086
Net from railroad_ _ _ _
758,387
162,005 5,166,624 3,619,896 3,096,76g 2,521,404 31,391,957 34,927,865
36,866
37,383
937,641
Taxes (less war taxes)
793,740
127,530
37,911
647,530
607,911
347,089
676,093 6,499,718 6.022.302
13,475
11,371
62,991
37,628
Net after taxes_ .._ _
630,856
124,093 4,518,937 3,011,758 2,749,354 1,844,991 24,886,628 78896,424
23,39()
48,754
874,643
755,920
Net after rents
583,798
38,423 3,834,511 2,117,959 2,836,235 2,075,530 28,209,373 31,379,565
23,261 -15,671
648,042
War taxes
371,431
768,205
138,425 1,961,360
Aver miles of r'd oper.
572
571 (See also on page 14)
6,561
6,534
108
108
New York New Haven & Hartford
Minnesota & International
New York Philadelphia & Norfolk
-Month of December- -Jan. 1 to Dec. 31- -Month of December--Jan.
1 to Dec. 31- Month of December- -Jan. 1 to Dec. 31EARNINGS.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
$
Freight revenue
$
$
3
4.016,703 2,895,087
40,395,998
32,431
47,479
650,255
578,143
700,842
282,360 5,748,928 4,262,396
Passenger , revenue.._ _ 3,567,047 3,095,087 50,721,287 34,427,801
39,379,916
25,006
24,1,69
282,676
133,554
261,688
101,606 1,278,998
803,985
Tot., incl. other rev. 8,608,151 6,961,617 102294,211 85,784,892
68,697
76,829
992,093 1,029,959
765,177
Expenses-Maint.way 1,088,577
432,943 7,632,494 5,544,624
827,048 13,525,533 9,019,344
11,869
4,750
203,885
96,914
145,068
47,343
Maint. of equipm't_ 2,103,302 1,172,434 20,913,412 12,191,351
714,914
490,627
18,725
12,769
203,788
184,874
144.401
118,558 1,774,649 1,063,463
Traffic expenses_ _ _
42,344
47,597
475,231
522,287
842
360
5,758
8,818
6,148
5,820
Transportation exp_ 5,142,646 3,355,859 48,020,080 36,380,373
115,510
62,655
40,669
39,132
509,407
286,519
400,763
230,048 3,361,923 2,304,366
Total,incl. other.. 8,857,977 5,780,025 87,746,523 61,970,059
75,941
61,302
962,898
610,284
733,997
423,513 6,283,432 .4,132,288
Net from railroad.._ _ _ -249,826 1,181,591 14,547,688 23,814,838
-7,244
15,527
154,892
29,195
295,961
9,430 1,349,061 1,412,336
Taxes (less war taxes)
197,375
306,980 3,216,375 3,336,980
3,205
3,907
53,507
75,637
56,133
14,094
256,024
169.130
Net after taxes_ _ _ _ -448,952
874,431 ,j315,322 20,471,857 -10,478
11,618 -24,392'
79,25d
239,791
-4,663 1,092,942 '1,242,714
Net after rents
774,605
547,079 7,534,334 15,351,474 -10,582
8,287 -57,885
76,028--20,03
160,728
972,603 1,11 - ,
War taxes
0
170
10,728
4,828
9,902
105,605
Aver. miles of r'd oper.
118,835
1,992
1,996
195
195
121
,
121
New York Ontario & Western
Pennsylvania Sys
West Jersey & Seashore
-Eastern Lines
Month of December- -Jan. 1 to Dec. 31-Month of December--Jan. 1 to Dec. 31Pennsylvania Railroad
EARNINGS.
1918.
1917.
1918.
Month of December
1917. --Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
$
$
$
1918.
1917.
1918.
1917.
$
$
Freight revenue
$
1
575,231
485,498 7,140,143 5,976,308 23,567,970 13,412,002 239484,058 194455,316
337,800
198,484 3,437,048 2,730,912
Passenger revenue.._ _
107,894
103,495 2,169.483 1,741,046 8,123,091 6,627,699 95,325,077 67,387,664
380,608
271,295 6,465,047 5,116,017
Tot., incl. other rev.
823,999
688,247 10,895,005 9,164,878 34,246,327 22,480,944 367414,694 290234,093
791,111
Expenses-Maint.way
546,577 10,599,543 8,555,047
169,050
71,677 1,557,482 1.013,042 6,684,976 1,661,349 51,683,997 33,508,588
397,479
122,508 2,511,140 1,496,110
aint. of equipm't_
314,486
87,600 2,763,995 1,524,323 9,511,212 5,710,104 99,145,128 58,790,209
148,578
121,955 1,920,825 1,315,978
Traffic expenses
5,953
10,143
102,125
216,073
113,189
320,357 2,922,867 3,237,437
6,548
12,475
Transportation exp_
91,904
136,986
492,391
350,284 5,300,294 3,729,855 16,196,441 10,908,363 166437,062 118816,256
521,779
323,012 5,284,563 3,786,946
Total,incl. other_ 1,002,704
542,421 9,974,523 6,620,579 33,891,377 19,638,464 333624,523 225649,256 1,101,241
602,966 10,105,859 7,002,130
Net from railroad _
178,705
145,826
920,481 2,544,299
353,951) 2,842,479 33,790,171 64,584,836 -310,129 --56,389
Taxes (less war taxes)
493,683 1,552,917
24,276
35,278
297,124
316,178
979,302
830,565 10,611,131 9,946,977
32,428.40,458
483,374
485,499
Net after taxes...... _ -202,982
110,547
621,907 2,227,676 -629,155 2,011,849 23,149,177 54,596,01- --342,564 --96,875
0
7,150 1,067,120
Net after rents
-204,953
120,413
548,582 2,262,250 -816,519 1,442,604 17,929,568 49,561,325 -354,245 -114,268 -168,966
War taxes
' 862,798
2,072,782
176,657 3,211,584 1,978,872
42,644
2,193
Aver. miles of r'd over.
67,537
26,318
567
568 (See also on page 14)
5,403
5,336
359
359
New York Susquehanna & West
Baltimore Chesapeake & Atlantic
Pennsylvania Sys
-Western Lines
Month of December- -Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 31Pennsylvania Company
EARNINGS.
1918.
1917.
1918.
1917.
1918.
1917.
Month of December--Jan. 1 to Dec. 311918.
1917. $
$
$
1918.
1917.
1918.
Freight revenue
1917.
218,228
172,326 3,310,482 2,525,629
86,103
43,685
903,772
800,017 6,649,154 3,845,433 70,628,884 56,199,622
Passenger revenue_ _ _
60,112
53,720
624,062
597,840
46,409
32,776
478,405
414,305 1,571,202 1,242,638 15,931,994 13,792,898
Tot., incl. other rev.
337,628 •242,337 4,353,419 3,478,992
135,133
80,999' 1,436,439 1,281,364 8,954,611 5,749,152 95.530,322 78,595,298
Expenses-Maint.way
9,487
12,865
414,709
15,426
313,720
8,537
132,551
84,581 1,689,217 1,112,681 14,989,936 9,960,415
Maint. of equipm't_
83,841
51,666
727,073
423,361
61,394
46,637
407,107
329,033 2,435,298 1,355,648 25,170,159 14,751,751
Traffic expenses......
1,728
2,499
24,519
27,140
985
1,144
13,862
70,167
16,157
90,921
Transportation exp_
959,991 1,099,815
252,854
190,391 2,537,991 1,917,443
78,059
57,300
878,009
711,107 4,217,794 3,034,864 42,732,560 34,474.709
Total.incl. other..
354,762
264,122 3,794,069 2,749,866
160,224
117,201 1,428,934 1,173,326 8,707,064 5.819,188 86,550,256 62,747,899
Net from railroad_ _ -17,133 -21,785
559,350
729,127 25,090 -36,201
7,505
247,547 -70,035 8,980,065 15,847,398
105,037
Taxes (less war taxes)..
9,944
21,363
175,344
172,001
4,800
1,329
37,927
269,864
28,199
300,002 3,480,625 3,600 024
Net after taxes..__ _ -27,095 -43,149
383,885
556,500 -29,891 -37,531 -30,422
79,837 -22,321 - -370,072 5,498,851 12,242,316
-7
Net after rents
-16,781 -39,580
419,033
574,738 -27,63
6,669 -21,322
77,415 -53,934 -319,369 4,204,827 10,710,556
War taxes
30,158
29,506
Aver. miles of r'd oper.
352,522
354,078
135
133
87
87
1,754
1,754
Norfolk & Western
Cumberland Valley
Grand Rapids & Indiana
-Month of December--Jan. 1 to Dec. 31- Month of December--Jan. 1 to Dec. 31-- -Month of December--Jan. 1 to
EARNINGS.
Dec. 311918.
1917.
1918.
1917.
1918.
1917.
1918.
1918.
1917.
1917.
1918.
1917.
$
$
$
3
Freight revenue
5,575,014 4,313,068 68,752,260 56,381,035
493,214
286,091 4,801,724 3,895,422
369,973
311f,489 4,805,660 4,198,382
Passenger revenue..- _ 1,016,581
773,939 10,737,599 7,023,153
81,464
67,551
749,151
140,186
717,532
143,629 1,798,798 1.711,195
Tot.,incl. other rev. 6,828,688 5,354,764 82,004,034 65,910,242
596,027
378,752 5,917,543 4,838,904
558,607
504,377 7,207,726 6,491,358
Expenses-Maint.way
849,780
463,103 9,524,728 6,176,369
72,053 Cr35,521
567,875
73,205 Cr29,137
313,088
Maint. of equipm't_ 1,758,856
937,963
676,378
929,038 21,272,931 12,051,912
102,978
46,674
900,600
459,529
156,984
.102,788 1,790,489 1,170,186
Traffic expenses_ _ _
40,332
71,442
536,709
809,723
7,374
4,547
65,135
54,959
10,078
10,894
Transportation exp_ 2,518,142 1,995,811 28,739,290 20,808,290
118,804
123,834
202,458
148,342 2,029,130 1,580.051
349,669
215,716 3,763,025 2,896,922
Total, incl. other.. 5,298,011 3,599,958 61,579,297 41,161,503
399,722
180,901 3,710,505 .2,541,842
612,905
317,631 6,474,944 5,116.260
Net from railroad_
1,530,677 1,754,806 20,424,736 24,748,738
106,30d
197,851 2,207,037 2,297,061 -54,297
186,745
Taxes (less war taxes)
732,782 1,375,098
200,000
247,630 2,904,000 2,960,560
15,663
13,251
116,521
159.029
12.127
14,494
273,273
264,986
Net after taxes
1,330,42/ 1,506,875 17,510,838 21,786 256
180,639
184,575 2,089,872 2,138,009 -66,424
171,722
458,670 1,109,008
Net after rents
1,331,368 1,646,347 18,256,481 24,062,444
179,542
158,109 1,816,859 1,898,291 -81,195
152,722
War taxes
247,580
926,110
143,000
177,870 1,716,000 2;134,440
-14,745
-5,778
Aver. miles of r'd oper.
2,088
8,277
2.087
2,086
163
163
569
574
EARNINGS.

s

$

s

$

$

Norfolk Southern

Long Island
Pittsburgh Cincinnati Chicago & St Louis
Dec. 31- -Month of December
--Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1918.
1917.
1917.
1918.
1917.
$
$
3
$
$
3,709,597
529,738
355,178 5,713,724 4,623,578 4,752,678 3,775,119 59,316,445
1,260,772
946,392
834,447 14,246,015 10.652,091 1,907,376 1,404,425 19,024,168 51,423,798
14,053,620
5,299,913 1,660,530 1,326,522 22,213,444 17,286,178 7,336,471 5,840,224 87,224,887
73,507,627
636,726
432,556
54,953 2,894,842 1,757,343 1,249,966
731,634 11,111,714 8,160,800
773,842
335,143
318,490 3,173,825 2,101,484 2,357,190 1,389,850 25,483,309 14,900.162
97,496
12,587
12,283
134,772
43,427
149,798
88,340 1,053,740 1,270,563
1,934,531 1,618,543
784,394 9,845.751 7,412,158 3,874,381 2,754,990 38,777,075 29,708,707
3,680,368 1,863,972 1,227,584 16,717,483 11,960,534 7,684,311 5,169,566 79,131,535
56,361,948
1,619,545 --203,441
98,938 5,495,960 5,325,643 ---347,830
670,658 8,093,352 17,145,679
195,120
81,280
74,964 1,069,859
938,676
259,893
239,580 ,2,879,068 2,874,967
1,423,466 -284,770
23,970 4,422.787 4,385,424 -607,892
431,004 5,211,210 14,269,114
1,321,80 --337,091 -57,556 3,884,966 3,503,380 -766,531
159,871 2,973,776 11,588,084
308
4,256
24,982
41,046
24,881
26,847
295,882
372,170
398
398
2,387
2.398
Northwestern Pacific
Maryland Delaware & Virginia
Toledo Peoria & Western
-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. I to Dec.
31- -Month of December- -Jan. 1 to Dec. 311918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
S
$
$
$
. S
$
$
, 243,260
216,134 3,033,299 2,375,184
73,983
44,153
685,693
626,000
107,905
66,440 1,075,145
768,110
149,130
150,264 2,110,871 1,963,325
40,524
28,406
386,293
343,656
48,318
34,679
463,531
423,085
434,304
406,215 5,702,397 4,871,594
117,702
76,228 1,101,323 1,011,519
164,582
107,481 1,645,592 1,289,432
141,882
59,661
881,547
672,012
11,262
6,627
96,854
71,614
26,320
14,305
299,397
215,526
56,910
47,388
682,551
557,485
48,060
45,750
291,894
45,380
227,761
40,169
478,232
361,745
4,690
4,945
58,706
64,075
795
1,203
11,635
12,353
2,287
1,984
30,162
28,261
221,348
150,417 2,201,299 1,686,100
72,076
52,380
719,087
80,741
607,083
49,013
790,368
522,514
440,237
272,797 3,973,767 3,113,695
134,783
108,152 1,141,760
939,338
109,688 1 668,113 1,184 774
- - 33
5T0
133,418 1,728,629 17767,34-- 0 17,081 -31,924 -40,437
72,180
4,476
--2,206 --22,520
104,68
21,959
21,538
263,476
238,663
2,318
431
19,796
12,814
17,733
22,001 ...118M%
107,003
-27,89:3
111,876 1,465,119 1 X170, 0 -19,400 -32,355 -60.234
- -0
59,353 -13.257 -24.208 -141,508
-2.344
-26,473 -112,558 1,498,008 1,537,428 -22,359 -33,418 -78,625
48,96i -11,215
-7,027 -10,95
833
2,714
10,000
7,603
507
507
82
82
247
247111(8ee also on page 14)

Month of December--Jan. 1 to
1918.
1917.
1918.
$
$
Freight revenue
366,842
256,396 3,877,124
Passenger revenue......
161,937
133,625 1,521,377
Tot.,incl. other rev.
566,696
416,262 5,753,643
Expenses-Maint.way
103,342
37,111 1,067,871
Maint. of equipm't_
229,122
60,598 1,313,195
Traffic expenses
5,601
8,154
81,278
Transportation exp_
236,618
176,546 2,569,551
Total, incl. other..
594,050
301,824 5,273,561
Net from railroad........ -27,352
114,437
480,082
Taxes (less war taxes)
20,000
15,000
-193,941
Net after taxes_ _ _ -47,353
99,327
285,949
Net after rents
-41,500
94,610
289,942
War taxes
Aver. miles of r'd oper.
907
907
EARNINGS.

EARNINGS.
Freight revenue
Passenger revenue
Tot., incl. other rev.
Expenses-Maint.way
Maint. of equipm't_
Traffic expenses...._
Transportation exp..
Total, incl. other..
Net from rallroad.._ _
Taxes (less war taxes)
Net after
_
Net after rents
War taxes
Aver. miles of r'd oper.




$

$

$

s

$

160,106,

11

RAILWAY EARNINGS

1919.]

Peoria & Pekin Union

Quincy Omaha & Kansas City

St Louis Southwestern System

St Louis Southwestern
-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31-Month of December--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
EARNINGS.
1917.
1918.
1917.
1918.
$
$
$
s
$
$
$
$
801,570 10,030,629 8,964,416
565,861 1,067,334
50,631
743,913
69,591
173,719
283,587
15,830
35,412
Freight revenue
210,492 2,449,685 1,956,824
207,305
231,400
20,894
22,806
243,288
68,205
73,451
5,809
6.734
Passenger revenue..
871,889 1,318,751 1,062,340 13,035,152 11,468,727
78,690 1,057,825
98,596
94,244 1,306,394 1,206,718
122,602
Tot.,Incl. other rev.
66,990 1,699,967 1,003;859
306,399
218,308
423,223
22,267
45,179
128,013
177,290
7,893
30,546
Expenses-Maint.way
133,034 2,695,968 1,707=6
237,391
142,916
248,961
14,201
37,694
180,863
315,824
14,120.
42,647
Maint. of equipm't_
385,012
254,046
33,932
11,700
15,061
1225
242
9,319
654
623
241
301
Traffic expenses..
380.741
281,918 3,815,729 2,739,508
39,241
407,848
619,174
67,952
725,306
973,587
58,600
104,118
Transportation exp..
551,878 8,890,788 6,193,968
968,700
807,954
78,220 1,322,723
151,791
84,129 1,514,841 1,073,650
182,293
Total, in other_
510,461 4,144,364 5,274,759
350,051
469 -264,895
63,934
133,067 --53,16g
10,115 --208,446
Net from rallroad..__ _ -59,690
503,717
519,409
42,708
51,628
34,453
4,833
36,419
2,287
101,500
113,769
9,500
9,500
Taxes (less war taxes)
467,688 3,623,198 4,770,310
298,294
-4,437 -299,395
27,441
310,556 -55,525
615 -322,21d
--69,190
Net after taxes
37172,05 5,161,199
479,560 287,418
232,887 -58,752
-6,169 -347,574
-6,409
17,846 -105,314
--51,624
Net after rents
2
38,761
202.888
43,745
230
War taxes
943
968
256
'
255
19
19
Aver. miles of r'd oper.
St Louis Southwestern By of Texas
Richmond-Washington System
Pere Marquette
-Month of December- -Jan. 1 to Dec. 31Richmond Fredericksburg & Potomac
-Month of December--Jan. 1 to Dec. 311917.
1918.
1918.
1917.
-Month of December--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
EARNINGS.
$
$
$
s
1917.
.1917.
1918.
1918.
$
s
$
$
339,790
456,431 4,335,225 4,098,558
245,456 2,936,796 2,422,334
340,828
2,045,544 1,480,025 22,200,348 16,850,265
revenue
Freight
138,531
150,340 1.786,182 1.327,665
386,810 3,563,012 2,132,054
347,093
333,143 4,233,796 4,213,803
433,260
Passenger revenue..
516,043
640,827 6,553,608 5,840,929
797,826 7,164,371 5,249,406
741,874
Tot.,incl. other rev. 2,689,573 1,979,154 28,955,011 23,507,855
22,846 1,526,407
197,126
773,869
338,706
370,435
16,005
38,676
163,800 3,790,387 2,425.688
296,330
Expenses-Maints.way
231,719
91,120 1,993,010 1,207,533
557,206
812,796
58,053
81,537
380,764 6,143,894 3,894,689
488,376
Maint. of equipm't..
179.407
122,159
15,709
8,084
45,970
442,858
50,488
4,130
5,238
344,772
28,420
21,859
Traffic expenses..
238,286 3,027,609 2,291,835
252,783
191,957 2,411,831 1,746,657
236,459
Transportation exp_ 1,138,240 '904,755 12,233,618 9.925,781
390,698 6,949,826 4,702,891 •
718,573
374,977
303,369 3,824,211 2,863,814
Total, incl. other_ 2,014,758 1,538,310 23,315,551 17,381.445
250,121 -369,218 1,138,07
366,987
494,462 3,340,160 2,385,592 --202,529
440,843 5,639,466 6,126,409
674.814
Net from railroad
368.490
250,652
62,554
35.834
563,224
14,496
159,300
164,049
697,135
9,746
40,368
Taxes (less war taxes) Cr28,958
768,948
187,550 -847,461
-238,414
352,410
484,707 3,175,562 2,226,131
400,454 4,940,822 5,559,600
703,667
Net after taxes
207,936 -343,123 1,294,78g
1 445,246 3,016,827 1,967,041 -217,483
346,06d
296,334 3,814,051 3,638,672
662,112
Net after rents
810
71,027
13,765
3,770
352
2,039
-2,616
War taxes
814
810'
87
87
2,245
2,233
Aver. miles of r'd oper.
EARNINGS.
t`reight revenue
Passenger revenue
Tot.,incl. other rev.
Exuenses-Maint.way
Maint. of equipm'tTraffic expenses..
Transportation exp..
Total,incl. other..
Net from railroad..
Taxes (less war taxes)
Net after taxes
Net after rents
War taxes
Aver. miles of r'd oper.

Washington Southern
Philadelphia & Reading
-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to
1918.
1917.
1917.
1918.
1918.
1917.
1918.
$
$
s
$
$
$
$
160,800
76,240 1,112,205
6,032,289 4,037,200 66,755,087 54,755,078
264,187
232,392 2,313,790
689,152 8.683,464 7,822.326
1,049,017
466,354
435,942 4,027,034
7,629,262 5,118,846 80,769,563 66,831,398
38,453
15,723
270,848
376,426 7,316,702 4,295,826
850,960
36,995
21,373
401,515
1,816,703 1,075,352 19,354,094 12,323,200
1,433
583,517
1,504
21,273
495,762
46,552
41,386
139,225
104,620
293,815
3,551,171 2,703,298 37,144.651 28,245,556
224,517
158,239 2,074,092
6,401,973 4,308 021 65 889,371 46,699,283
1,952,942
810,824 14,880,191 20,132,115
1.227,289
7.398
76,744
4,719
286,086 1,718,737 1,795,066
218,480
-7
2 27081 1,876,111
234,434- 522,051 13.161,126 18,333,302
1,008,754
2J2,071
232,237 1,721,554
161,431 8,847,389 13,777,017
337,803

241,8a ---777701
2 -

1,126

1,127

Pittsburgh & Sham:mut

35

Pittsburgh & West Virginia

$

804,303
1,322,845
2,763,406
164,700
256,285
17,633
846,041
1,362,022
1,401,384
74,065
1,327,292
1,106,141

64,360
4,242
4.873
136
44,161
51,116
13,243
Cr2,582
15,826
0,252
6

35

Rutland

-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to
1918.
1918.
1917.
1917.
1917.
1918.
1918.
$
46
Id
170,740
165,938 2,623,259
77,239 1,280,637 1,087,513
109,638
Freight revenue
122,722
110.311 1,167,126
5,506
45,485
47,367'
5,166
Passenger revenue
340,659
325,595 4,540,589
83,651 1,343,607 1,150,805
116,225
Tot., Incl. other rev.
75,119
222,202
774,427
16,328
347,787
17,065
47,641
Expenses--Maint.way
118,835
63,348 1,073,536
274,035
377,612
, 26,474
37,498
Maint. of equipm't_
9,960
13,074
120,475
7,585
13,266
1,365
944
Traffic expenses.._..
188,034
180,099 2,292,466
349,925
525,898
31,132
43,434
Transportation exp_
900,130
281,667 4,387,180
402,818
78,989 1,302,784
other_
132,259
Total,incl.
250,675 --62,159
40,822
43,027
153,408
4,661
Net from railroad........ -16,034
13,397
25,690
14,589
31,455
730
221,856
Cr1,520
Taxes (less war taxes)_
--87,86g
237,28
26,233
12,472 -68.484
3,96
--14,514
Net after taxes
130,256
--- 528,005 -83Y' 20,837
35,559
33,498
--15,593
Net after rents
4,514
War taxes
415
415
94
94
Aver. miles of r'd oper.
EARNINGS.

St. Louis Transfer
Dec. 31- -Month of December--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1917.

68,251 1,080,329
123,593
5,672
504
129,713
2,627
219
45,466
621.666
907,163
54,937
173,165
13,314
1,417
Cr1.625
171,744
14,939
78,958
-1,034

901,107
59,280
55,307
2,652
494,970
642,205
258,902
5,638
257,262
147,360

6

San Antonio & Aransas Pass
Dec. 31- -Month of December--Jan. 1 to
1917.
1918.
1918.
1917.
$
S
$
$
311,037 2,847,667
244,477
2,388,554
98.037 1,214.504
101,193
1,281.564
369,984
437,229 4,370,334
4,325,368
90,387
55,545
757,020
499,895
51,562 1,272,604
62,802
698,822
7,679
5,293
76,143
123,593
190,888 2,105,524
185,517
1,837,627
362,092
348,289 4,410,379
3.275,722
,891
118,940 -39,995
1,049,646
31,463
16,554
181,554
251,862
8,354 -223,276
,701
-8
797.624
-5,3
87,3111 -129,475
976,501
367
3,950
1,791
732
732

St Louis & San Francisco System

Dec. 311917.

$

2,852,218
1,023,733
4,178,191
709,237
658,989
86,900
1,901,094
3,517,594
660,596
194,947
464,403
610,421

Seaboard Air Line

-Month of December--Jan. 1 to Dec. 31St Louis-San Francisco
-Month of December--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1917.
-Month of December--Jan. 1 to Dec. 311918.
1917.
1918.'
EARNINGS.
$
$
s
$
1918.
$
1917.
$
1917.
1918.
S.
$
104,192 1,534,744 1,351,167 3,921,888 3,011,045 45,312,606 38,017,333 2,066,432 1,635,559 22,338,218 19,674,328
53,212
Freight revenue
919,559 13,175,582 7,777,068
112,398
119,529 1,769,347 1,668,219 20,358.980 15,503,984 1,241,762
10,804
10,928
Passenger revenue....
127,418 1,800,146 1,588,786 6,033,729 5,003,191 69,812,604 57,434,624 3,609,185 2,837,494 38,923,106 30,345,146
77,342
Tot., incl. other rev
188,848 5,186,136 3,215,505
593,842
513,720
150,590 1,085,805
503,027 10,198,035 6,418,159
63,088 Cr34,627
Expenses-Maint.way
525,997 9,108,666 5,105,472
234,491 1,332,788
503,125
Cr2,991
819,481 15,790,755 9,459,493 1,027,213
36,779
Maint. of equipm't_
82,925
769,236
55,405
931,258
14,998
23,626
786,173
1,516
566,284
67,946
20,266
938
Traffic exponses
717,424
521,860 2,442,950 1,039,285 26,917.040 19,489,508 1,770,681 1,177,122 16,986,924 11,347,769
47,683
67,213
Transportation exP.
22,900 1,932,494 1,043,134 5,008,129 3,486,422 55,251,965 37,474.557 3,540,514 2,164,733 33,346,792 21,717,177
183,556
Total, incl. other_
0 5,576,313 8,627,968
672;7
68,671- - 545,651 1,025,599 1,516,769 14,56(1,638 19,960,066
104,518 -132,34g
Net from rallroad......_ -106,213'
132,793 1,469,434 1,380,253
126,894
170,924
112,449
505,698 2,735,673 2.692.855
281,567
11.601
15,904
Taxes (less war taxes)
530,933 4,0 67919 7,237,881
431,832'
741,139 T,09,282 11,801,892 1/.262.117 -59,043
0 --303,272
92-1227118
Net after taxes
447,129
3
90,391 -328,011
631,oad 916-,5- 4 11,199,410 16,427,707 -26,423' 426,558 3,636,725 6,821,327
-112,981
Net after rants
1,444
17,337
51,049
9,049
War taxes
3,563
3,461
63
4,761
4,761
63
• ver. miles of r'd oper.
South Buffalo
Fort Worth & Rio Grande
Pittsburgh Shawmut & Northern
--Jan. 1 to Dec. 31--Jan. 1 to Dec. 31- -Month of December
Month of November- -Jan. 1 to Nov. 30- -.-Month of December
1917.
1918.
1917.
1918.
1918.
1917.
1918.1917.
1917.
1918.
1917.
1918.
EARNINGS.
$
$
S
$
$
$
$
$
$
40,397
49,745
528,073
582,509
100,464 1.034,956 1,048,009
678,413
50,843
48,679
620,720
64,772
revenue
refght
61,078
57,667
390,444
5,622
39,170
39,829
311.159
4,958
Passenger revenue.._..
125,584
73,538 1,563,095 1,168,509
108,774 1,125,208 1,141.804
97,237 1,151,032 1,008,719
100,059
74,558
Tot., Incl. other rev.
27,626
139,612
190,525
18,540
315,747
19,565
147,291
198.879
218,204
12,592
21,781
22,804
xpenses-Maint.way
195,861
17,338
4,949
143,501
594.082
44,031
510,683
267,927
16,645
199,907
23,373
88,010
Maint. of equipm't_
3,960
308
269
2,240
1,044
14,382
13,383
2,028
19,792
20,531
426
840
Traffic expenses
74,885
840,070
56,213
595,175
596,030
523,361
43,880
50,177
540,538
459,626
51,406
37,745
Transportation exP81,996 1,252.701
123,318
902,676
119,777 1.594,823 1,303,765
80,020 1.103.126
879.911
98,259
293
,56
Total.incl. other_
310,394
2,26g
-8,438
265,833
469,6a
61
T61,9-17,216
1,709
128,g0i
47,906
1
7
- 81E,736 =11,602
at from railroad
32,502
14,758
17.102
19.403
19,953
1,806
37,046
19,728
4,363
35,828
2,678
1,800
axes (less war taxes)
246,429
6.310
489,568
12,809
181,680
12,852
91.718 Cr14,83/
11,405
Ia,
13753d
Net after taxes......_ -125,016
--7.59g
-5,945
46,363
142,181
2,465 -61,591
--1,177
--3,307
at after rents
1,200
576
30
32
War taxes
35
35
204
235
235
204
• ver. miles of r'd oper.
Southern Railway System
St Louis-San Francisco & Texas
Port Reading
Southern Railway
Month of December- -Jan. 1 to Dec. 31- -Month of December- -Jan. 1 to Dec. 31--Jan. 1 to Dec. 311917. -Month of December
1918.
1917.
1917.
1918.
1918.
1917.
1918.
EARNINGS.
1917.
1917.
1918.
1918.
$
$
$
$
$
$
$
$
755,759 6,737,696 4,576,985 76,183,282 58,450,039
105,220 1,928,022 1,655,652
40,230 1,131,502
70,248
214,889
I' reight revenue
261,158 3.291,513 3,013,279 40,568,658 24,203,182
153,562
25,526
10,590
I.assenger revenue
272,823 2,637.218 2,105,395
70,837 1,366,344 1,113,130 10,727,373 8.399.507 126574,296 90,716.568
93,936
295,202
Tot.,incl. other rev.
112,701 13,568,310 9,244,833
187,916 1,038,536
11,519
147,451
193,747
15,440
270,773
7,138
51,442
xpenses-Maint.way
204,580 2,124,699 1,396,738 24,570,010 14,656,480
257,372
26,107
122,169
267,801
7,378
3,242
18,860
Maint. of equipm't101.992
155,197 1,493,452 1,996,341
25,739
475
40
21,800
2,201
410
1,527
18
Traffic expenses
545,067 4.051.403 3351.852 48,772,492 31,797,037
136,861 1,238,561 1.085,693
637,374
54,001
57,458
114,955
Transportation exp..
97,735 1,179,317 1,028,100 8,272,807 5.029.381 91,810,425 60,113,597
154O01 1,79/416 1,367,044
94,761
171,374
Total, incl. other..
85,029 2,454,565 3,370,125 34,763,871 0,602,971
18'7,027
844,801
118,822
-s
738,350
8- 2A -26,89
123, 2
at from railroad........
333,123 3,742,144 3,530.949
315,897
19.444
19,531
1,374
112,696
18,751
95,748
1,413
030
5
axes (less war taxes)
65,541 2,132.669 3,034.485 30,976.621 27,042,872
1
-Z-248 -2 727i .---11-77245
642,602
732,104
137,574
Net after taxes_..__
1. -60,81d -111,556 -318,781 2,111,876 2,847,62'i 29,291.869 26,085,574
4
17044
106,74g - . 9,964
8
109,613
I at after rents
612,910
76,425
35
War taxes
6,982
6.982
143
134
21
21
miles of r'd oper.
ver.




12

RAILWAY EARNINGS

[VOL. 108.

Southern Railway System (Cond.) Souther

n Pacific System (Concl.)
Staten Island Rapid Transit
Alabama Great Southern
-Month of December- -Jan. 1 to Dec. 31- -Month Houston & Texas Central
of December- -Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 311918.
1918.
1917.
1917.
1918.
1918.
1917.
1917.
1918.
1917.
Freight revenue
1918.
1917.
653,717
$
426,840 6,371,190 4,889,078
$
$
$
939,464
591,150 6,189,186 5,769.544
Passenger revenue
209.836
93,452
207,812 2,756,193 1,753,438
51,065
886,165
668,320
210,366
260,180 2,212,798 1,877,819
63,844
Tot.,incl. other rev.
47,727
915,858
821.574
693,357
676,906 9,296,634 7,151,054
801,053
xpenses-Maint.way
907,886 8,041,980 8,223,425
58,346 Cr35,757
179,163
105,336 1,934,751 1,493,513
734,758
636,857
143,892
41,463 1,203,144
Maint. of equipm't_
903,242
266,802
35,055
123,168 2,323,722 1,466,265
2,695
340,667
199,585
62,999
90,985 1.500,931
Traffic
_
931,530
5,834
22,777
16,265
8,032
147,681
274,802
196,643
161,425
3,463
18,382
Transportation exp _
expenses_109,921
210,436
394,280
798
290,481 3,679,411 2,261,267
1,668
15,355
13,810
289,331
304,057 3,364,058 2.628,725
94,805
Total,incl. other_
63,138
973.095
743,596
411,207 7,103,514 4,774,410
729,628
509,180
392,291 6,397,010 4,925,625
162,537
Net from railroad
81,535 1,700,425 1,166,914
172,762
265,698 2,193,120 2,416,641
291,893
515,595 2,644,970 2,297,799
Taxes (less war tam*
32.600
16,626
169,455
"r CZ 234,325 326,598
264,596
403,335
15,655
61,682
406,118
447,217
17,770
Net after taxes
12,311
141,770
139,590
103,311
96,232 1,925,412 2,013,007
275,980
452,241 2,236,113 2,842,25g
34,391
Net after rents
11,481
376,12
132,873
223,0/
119,852 2,038,470 2,462,668
276,645
427,143 2,286,306 2,847,679
War taxes
32,359
22,716
3,224
314,640
118,831
140,601
4,000
49,316
Aver. miles of r'd oper.
48,000
157,316
312
312
887
948
23 •
23
Georgia Southern & Florida
Houston East & West Texas
-Month of December--Jan. 1 to Dec. 31- -Month
Tennessee Central
of December--Jan. 1 to Dec. 31- -Month of
EARNINGS. 1
1918.
1917.
December--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
1918.
1917.
$
1918.
1917.
$
$
1918.
$
1917.
$
$
$
Freight revenue
$
239,386
$
161,425 2,202,924 1,690,960
$
$
s
127,264
122,423 1,463,317 1,308.980
Passenger revenue
149,879
166,182
132,838 1,127,735
92,697 1,936,892 1,259,184
971,198 '59,473
53,142
502,088
437,516
67,640
Tot.,incl. other rev.
38,590
937,968
421,572
419,633
328,808 3,694,800 2,983,427
196,578
Expenses-Maint.way
187,358 2,087,716 1,862,480
71,041
245,094
30,379
141,891 3,011,812 1,797,251
567,370
296,816
52,296
7,680
Maint. of equipm't_
326,883
226,042
80,152
75,753
62,753
13,203
934,927
669,934
646,515
269,213
35,602
23,131
Traffic expenses_
288,956
195,287
4,105
92,092
8,086
26,879
56.987
672,353
87,947
290.453
669
Transportation exp_
2,228
18,377
26,609
161,344
928
4,578
118,596 1,555,758 1,083,339
28,806
67,915
82,866
63,509
889,239
611,625
111,610
Total,incl. other_
70,058 1,258,519
•
327,802
677,114
232,739 3,249,537 2,336,080
176,426
100,057.1,566,078 1,102,412
286,326
121,602 2,712,527 1.379,302
Net from railroad
93,769
96,069
445,263
647,34',
20,102
87,301
Taxes (less war taxes)
521,637
760,067
19,298
35,549
20,289
171,429
299,285
193,454
417,949
3,112
9,137
72.927
79,201
5,450
Net after taxes
3.581
78,526
74,409
56,376
60,719
272,913
45273D5
16,907
78,138
448,724
679,057 -16,696
Net after rents
16,707
220,392
737171
361,538
63,81i
347,860
665,288
15,228
72,998
404,017
War taxes
640,369 -67,589
563
5,2.50
7,283
-4,744
238,13/
1,200
6,169
Aver. miles of r'd oper.
14,400
84,469
402
402
5
242
11
190 '
190
293
292
Mobile & Ohio
Louisiana Western
Terminal RR
-Month of December
--Jan. 1 to Dec. 31- -Month of December
of
--Jan. 1 to Dec. 31- Terminal Railroad Associatio St Louis
EARNINGS.
1918.
1917.
1918.
n of St Louis
1917.
1918.
1917.
1918.
1917.
-Month of December--Jan. 1 to Dec. 31$
$
$
$
$
$
Freight revenue
$
$
1,035,144
1918.
810,558 11,903,287 11,263,405
1917.
1918.
1917.
242,390
199,003 2,854,649 2.439,603
Passenger revenue
238,933
169,223 2,099,881 1,586,293
115,562
126,826 1,241,013
948,127
3,873
Tot.. incl. other rev.
2,767
39,990
18,875
Expenses-Maint.way 1,341,075 1,047,352 14,840,901 13,604,506
374,370
354,081 4.348,151 3,653,550
154,678
315,142
61,288 1,916,624 1,424,371
250,290 3,882,409 3,712,528
34,503
14,993
Maint. of equipm't_
347,697
265,089
454,292
110,660
248,978 4,728,755 3,266,113
50,969
741,837
525.140
60,691
38,174
expenses
Traffic
643,106
413,910
24,675
9,400
39,832
13,186
362,043
553,099
455,700
261,664
3,977
Transportation exp_
8,538
66,268
94,343
591,608
765
461,924 6,697,082 4,817,841
985
10,638
11,820
116,313
77,386 1,147,880
798,895
164,429
Total,incl. other_ 1.252,563
132,274 1,798,693 1,222,383
840,086 14,131,172 10,352,976
226,853
149,485 2,348,526 1,689,423
railroad
291,776
Net from
211,626 3,193,111 2,122,111
90,511
207,266
709,729 3,251,529
147,517
204,596 1,999,635 1,964,127
Taxes (less war taxes)
50,378
23,366
34,285
38,663
525,234
689,297 1,590,417
511,743
1
17,423
6,390
169,707
174.724
36,987
Net after taxes
20,239
400,828
40,075
172,571
401,331
182,246 2,736,628
129,949
198,151 1,827,032 1,787,90 -13,621
Net after rents
18,424
288,379 1,189,050
-47,570
215,542
247,368 3,219,639
120,172
191,334 1.823,578 1,827,452
War taxes
125,907)
64,838
64,789 1,856,682 2,410,141'
26,068
174,115
11,025
93,666
Aver. miles of r'd oper
81,227
306,737
991
1,159
13,259
19,897
207
207
36
36
Southern Ry in Mississippi
Morgan's Louisiana & Texas RR & SS St Louis Merchants
Bridge & Terminal
-Month of December--Jan. 1 to Dec. 31- -Month of
December--Jan. 1 to Dec. 31- -Month of December
EARNINGS.
1918.
--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
1917.
1918.
1918.
1917.
1917.
$
3
1918.
1917.
$
3
$
$
Freight revenue
$
$
109,734
66,517
$
876,967
756,041
$
631,601
482,879 5,897,356 4,988.920
Passenger revenue
75,532
75,079
525,754
436,328
162,055
185,772 1,854,186 1,491,506
2,166
617
Tot..incl. other rev.
6,886
8,707
195,544
154.006 1,519,495 1,309,221
Expenses-Maint.way
841,008
706,294 8,352,107 6,910,458
250,284
248,481 3,620,589 3,166,033
23,756
7,103
313,994
245,859
124,253
49,184
Maint. of equipm't_ .
903,868
33,610
692,108
12,589
27.539
489,078
8,781
190,089
374,199
107,612
121.333
73,472 1,419,815
_
Traffic
14,283
882,309
4,409
2,891
503.945
2,159
28,237
187,863
27,131
6,009
Transportation exp..
expenses_13,497
92.534
768
144,693
920
83.837
51,960
9,694
763,971
11,165
544,812
330,514
219,871 2.943,846 1.996,321
226,096
150,197 2,395,385 1,630,967
Total,incl. other_
143,537
75,117 1,349,119
976,816
599,784
372,811 5,578,728 3,902,010
279,076
178,356 3,470,013 2.294,789
Net from railroad
.
52,007
78,88
170,376
332,408
241,224
333,483 2,773,379 3,008,448 -28,791
Taxes (less war taxes)_
10,000
70,124
6,536
150,575 . 871,25'2
109,000
110,702
32,955
30,438
353,173
8,695
355,778
20,671
Net after taxes
101,551
107,563
42,005
72,335
61,258
221,464
208,240
302.912 2,417,680 2,648,790 -37,486
49,453
Net after rents
48,655
763,649
40,678
58,142 -40,793
32,675
169,452
' 289,902 2,357,330 2,670,600 -48,391
War taxes
85,967 -106,555
491,412
4,134
2,784
123,804
Aver. miles of r'd oper.
32,708
245,828
278
1.787
278
3.671
400
400
9
9
•
Southern Pacific System
Texas & New Orleans
Texas (35 Pacific
Southern Pacific
-Month of December--Jan. 1 to Dec. 31- -Month of December
EARNINGS.
-Month of December
--Jan. 1 to Dec. 31--Jan. 1 to Dec. 311918.
1917.
1918.
1918.
1917.
1917.
1918.
1917.
1918.
1918.
1917.
1917.
$
Freight revenue
$
$
$
$
9,453,016 7,822,965101958,575 87,334.750
$
$
$
391,506
Passenger revenue
367,773 4,952,781 4,393,703 2,035,015 1,562,394 17,996,085
3,474.477 3,445,961 39,324.652 33,311,326
14,933,636
202,635
182,992 1,899,577 1,482,750
765,203
727,445 7,449,816 6,252,826
Tot.,incl. other rev.
Expenses-Maint.way 13,961,659 12,259,984 153948,641 132257,551
626,972
590,320 7,445,599 6.410,076 3,053,094 2,441,771 27,294,83322,714,607
2,311.923 1,201,176 18,719,062
184,929
34,996 1,030,702
Maint. of equipm't_ 3,857,106 1.502,610 28,165,935 12,341,873
329,369
556,176
Cr9,991 3,610,862 2,036,463
16,767,474
162,851
88,121 2.061,523
Traffic expenses
673,352
953,055
289,781 5,130,583 2,999,166
92,942
168,946 1,458,730 1,930,503
3,137
Transportation exp_ 5,477,872 6,704,932
10,164
68,689
12,921
107,113
39,455
294,427
59,617,053 47,607,447
477,449
274.350
205.427 2,656,656 1,973,681 1,453,247
932,478 11,894,810 9,072.787
Total,incl. other_. 12,284,753 10,046,181 113652,897
83,644,356
648,202
361,158 6.153,502 3.900,756 2,545,219 1,333,385 21,900,380 15,389,755
Net from railroad
1,676.9ft 2,213,202 40,295,743 48,613,199 --21,229
229,162 1,292,097 2,509,325
Taxes (less war taxes)
507,878 1.108,388 5,394,452 '7,324;2
640,641
517,493 7,127,320 6,084,374
-81
16,328
28,794
256,081
102,943
279,080
07,156 1,086,634 1,073,382
Net after taxes
1,035,634 , 1,692,072 33,127,096 42,490,346 -37,636
200,314 1,033,493 2,226,470 . 404,089 1,010,422 4,301,251
Net after rents
6,241,551
1,041,456 1,634,204 33.970,453 42,550,632 -54,321
193,106
War taxes
964,627 2,175,747
282,932 Cr953,250 '3,707,260' 5,868,894
-395.608
1,481.537
600
12,683
Aver. miles of r'd oper.
7.200
228,483
37,892
7,050
12,281
7,102
166,666
469
468
1.946
1,940
Arizona Eastern
Spokane International
Toledo St Louis &
-Month of December--Jan. 1 to Dec. 31- -Month of
December--Jan. 1 to Dec. 31- -Month of December--Jan.Western
EARNINGS.
1918.
1 to Dec. 311917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
$
1918.
$
1917.
3
S.
$
s
s
$
Freight revenue
$
$
326,793
287,343 3,657.705 3,340,816
$
$
77,748
79,237
813,118
658,248
779.951
Passenger revenue
428,411 7,066,395 6,244,027
44,529
48.666
551.197
617,358
19,252
16,220
164,921
186,441
41,113
69,823
899,372
466,508
Tot.,ine.l. other rev.
393,432
354,586 4.478,691 4,269.650
98.700
97,457 1,011,604 1,000,130
Expenses-Maint.way Cr70,917
738.050
516.111 8,306,127 7,041,662
44,296
668,548
496,553
10,177
12,998
160,458
117,318
179,442
Maint. of equipm't_
93,700 1,365,516 1,082,019
26.145
35,665
602,705
424,378
8,514
6,662
103,508
131,678
70,822
Traffic expenses
109,211 1.737,323 1,117,666
1.793
2,641
26,107
31,806
1,427
1,725
17,850
4,016
Transportation exp_
22,675
17,243
122.003
116,920
26,930 1,216,865
222,194
928,134
29,659
27,342
331,997
259,266
302,464
225,790 3,087.829 2,486,589
Total.Incl. other_
77,203
178.736 2.736,506 2,135.141
53,327
47,486
658,528
520,641
614,526
456,945 6,424,137 5.023,862
Net from rallroad
316,228
175,850 1,742,184 2,134,0/
45,373
49,971
353,076
217,408
385,604
Taxes (less war taxes)
59,166 "1.881M17 6,656
23,266
177717
193,807
213,161
13,059
5,705
49,307
26,000
38,875
46.100
274,200
319.300
Net after taxes
309,496
152,565 1,547,344 1,920,620
32,314
44,228
' 303,693
191,408
346,062
13,063'`DTOTTI9 -1,697,654
Net after rents
309.20d
139,218 1.472,292 1,793,605
30,262
39,373
267,707
291,416
167,706 -40,553 1,241,182 1,132,271
War taxes
51,574
148,007
2,026
Aver. miles of r'd oper
397
377
156
163
454
454
Galveston Harrisburg & San Antonio
Spokane Portland & Seattle
Ulster & Delaware
-Month of December--Jan. 1 to Dec. 31- -Month of
December
--Jan. 1 to Dec. 31- -211onth of December--Jan. 1 to
EARNINGS.
1918.
1917.
Dec. 311918.
1917.
1918.
1917.
1918.
1917.
1918.
1917.
1918.
$
1917.
$
$
$
$
$
Freight revenue
$
$
1,21!,519 1,150,867 14,708,780 14.003,120
$
$
$
526,475
343,245 5,952.144 4,555,835
Passenger revenue__
23,630
35,527
547,140
524,790
561,646 5.274,253 4.628,969
498.310
151,690
170,373 1.972,328 1.772.382
13,137
14,792
279,912
Tot.,Incl. other rev. 1,850.416 1,829,024 21,273,847 19,737,996
299,584
728,507
565,853 8,496.944 6.778.798
Expenses-Maint.way
55,862
64,019 1,000.444 1.008,892
250,439 Cr308,299 2,335,956 1,836,557
257,310
65,492 1,297,181
17,620
Maint. of equipm't_
761,987
8,699
361,717
180,412
176,852 3,799,479 2,417,291
96.102
75,643
51,490
975,802
17,827
Traffic expenses
542,609
11,220
8,110
186,828
39,031
132,551
276.788
408,514
3,924
10,744
65,479
Transportation exp_
98,554
1,355
709,721
877
15;797
586,921 7,864.672 6,286,325
19,234
231,512
169,013 2,589,222 1.682,024
42,501
.44,354
574,317
Total. incl. other_ 1,353,290
494,575
545,243 14,986,129 11,514,978
591,138
317,243 5,196,273 3,305,940
83,435
69,309 1,014,643
797,474
Net from railroad..
497,125 1,283.780 6,287,717 8,223,018
137,369
248,609 3,300,670 3,472,85A -27T671
Taxes (less war taxes)
-5,289
3,823
-8-17.--1
81,386
,211,411
622,287
707,625
59,200
73,357
810,005
712,947
4,820
7,191
55,420
55,191
Net after taxes...
490,673 1,202,061 5,659,579 7,501,112
78,155
175,218 2,490,099 2,759,196 -32,451 -12,02
-63,739' 7'5t=7 Net after rents
,
453,868 1.114,260 "5,347.755 '6,746,922
66,182
197,527 2.09,866 2.697,614 -32,284 -14,578 War taxes
2,500
- 777417 125,560
1
187.764
30,000
619,764
Aver. miles of r'd oper.
200
1,382
2,400
1,360
654
554
128
128
EARNINGS.




Assown

FEB., 1919.]

RAILWAY EARNINGS
Union Pacific System

13

Utah

Western Ry of Alabama

Union Pacific
-Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31-Month of December
--Jan. 1 to Dec. 311918.
1917.
1917.
1918.
1917.
1918.
1917.
1918.
,$
1918.
1917.
1918.
1917.
$
$
$
$
$
$
$
6,468,879 5,068,063 72,679,801 55,839,583
Freight revenue
118,709
62,387 1,394,119
136,929
99,315 1,425,799
980,776
1,534,164 1,323,771 38,055,066 13,918,940
Passenger revenue
422
934
6,879
96,998
69,283
941,306
577,355
Tot.,incl. other rev. 8,732,532 7,082,019 98,443,364 76,988,423
120,095
63,567 1,409,235
245,164
187,301 2,558,202 1,725,859
673,640 10,766,975 8,930,174
Expenses-Maint.way 1,196,630
13,465
8,538
137,963
19,660
21,294
291,970
208,516
Maint. of equipm't_ 1,730,712 1,034,358 16,413,257 10,065,284
28,506
10,132
190,726
53,164
537,455
330,668
30,274
38,727
120,793
736,706 1,367,956
Traffic expenses_ _ _
150
165
2,011
2,127
7,553
43,376
77,991
Transportation exp. 2,791,553 2,259,025 27,332,797 22,308,565
19,669
23,978
266.637
99,899
540,423
49,395
874,078
6,311,125 4,426,054 59,877,810 45,938,666
Total,incl. other_
67,513
48,865
184.598
704,530
117,047 1,844,738 1,241,846
Net from railroad_ __ _ 2,421,40t 2,655,964 38,565,554 31,049,757
52,58
14,702
704,704
60,566
70,253
713,464
484,013
354,125 3,446,321 3,412,112
346,259
Taxes (less war taxes)
2,882
1,313
39,707
6,737
121,141
29,000
83,737
2,074,341 2,296,624 b5,114,378 27,629,567
Net after taxes__
49,700
13,389
664,997
53,829
362,751
41,160
629,641
2,073,739 2,250,708 16,61 ,553 27,27817
I et after rents
43,549
52,184
-4,563
589,157
42,299
614,106
423,169
109,904
968,232 1,131,040
80,686
War taxes
1,241
14,892
3,626
3,614
. ver. miles of r'd oper.
98
1
133
133
98
Oregon Short Line
Vicksburg Shreveport & Pacific
Wheeling & Lake Erie
Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 311917.
1918.
1917.
1918.
EARNINGS.
1917.
1918.
1917.
1918.
1917.
1917.
1918.
1918.
$
S.
S
$
$
II
$
$
$
$
•
$
$
2,400,402 2,087,504 25,941,123 22,774,874
reight revenue
824,022
632,701 11,970,359 9.438,248
211,976
112,872 1,577,514 1,323,390
459,134
570,490 5,885,681 5,857,899
1 assenger revenue_
51,222
102,224
46,725
809,357
641,907
485,487
630.606
88,807
Tot.,incl. other rev. 3,046,861 2,866,620 34,136,853 31,016,342
951,455
743,779 13,592,172 11,028,904
323,798
225,693 2,689,104 2,206,557
257,280 4,602,019 3,143,167
475,714
1' xpenses--Maint.way
192,944
215,481
109,288 2,092,863 1,396.912
48,199
6,959
374,841
329,654 5,113,453 3,351,108
515,232
Maint. of equipm't_
276,472
30,377 3,201,985 1,677,581
70,100
634,453
371,229
36,687
14,167
37,377
246,876
428,718
6,165
Traffic expenses_ _ _
11,535
84,078
46,031
61,752
115,749
2,825
4,971
714,987 10,028,742 8,117,634
487,261
340,167 5.555,554 3,904,938
Transportation exp. 1,016,273
660.937
132,802
57,750 1,029,124
989,138
529,964 11.265.851 7.378,212
Total,ind. other_ 2,171,528 1,451,857 21,609,287 16,478,293
264,057
113,322 2,223,356 1,397,314
et from railroad_ _ _ _
87L333 1,414,762 12,527,366 14,538,049
59,741D727376 465,747 809,243 -37,683 213,815 2,326,320 3,650,691
273,566 2,028,043 2,022,981
292,749
72,800
67,400
662,016
612,386
axes (less war taxes)
26,416
119,292
6,551
132,586
10,496,119' 12,511,787
582,410
146,396 1,663,663 • 3,088.276
Net after taxes..._
33,319
689,244 -110,523
105,609
332,837
581,844 1T1531a 1-0;703
-;142' 12,682,00
et after rents
"7),a2
71,848 1,048.582 2,035,737
6,713
758,507 .--105,615
322,496
24,500
44,642
294,000
446,423
War taxes
511' v.., 512 It" EnSilikt&e..«"4,
2,347
2,306
ver. miles of r'd oper.
171
171
Oregon-Washington RR & Navigation
Wichita Falls & NorthwesternTA
Virginian
-Month of December--Jan. 1 to Dec. 31- -Month of December
Month of December- -Jan. 1 to Dec. 31--Jan. 1 to Dec. 31- 1918.
1917.
1917.
1917.
1918.
1918.
1918.
1917.
EARNINGS.
1917.
1918.
1917.
1918.
3
$
$
$
$
$
$
$
1,658,661 1,147,246 17,696,064 14,858,302
63,360
65,543
'reight revenue
683,259
639,361
753,567
609,810 10,478,630 9,064,503
26,594
37.022
504,218
565,297 6,239.289 5,470,973
296,971
324,196
•assenger revenue...
68,301
637,647
564,777
57,730
96,957
109,238 1,1)68,157 1,053,273
Tot.,incl. other rev. 2,342,623 1,852,883 26,264,956 22,097,098
887,349
710,232 11,906,444 10,242,472
; xpenses-Maint.way
3,274,880
523,740
354,946 4,157,528
35,926
19,435
369,981
251,670
192,952
66,604 1,532,407
800.851
18,320
37,955
287,857
170,309
Maint. of equipm't_
158,630
213,783 3,629,173 2,396,402
300,191
154,948 2,676,010 1,608,197
1,712
12,722
559,268
Traffic expenses_ _ _
132
21,893
32,477
49,156
379,238
71,644
4,975
6,109
69,028
79,877
44,221
650,769
470,761
750,150 10,100,012 7,456,263
908,323
505,007
Transportation exp.
248,000 4,815,018 2,839,328
14,878,198 1,027,590 - 4507,948 9,277,917 5,698,861
159,780
89,278'
1,389,803
977,843
Total, incl. other_ 1,741,235 1,464,283 19,717,608
,
19,960 --321,645
75,436
3 K- - 36 "TWAT/ 7,218,8
- 6
$
--140,241
et from railroad__ _
202,284 2,628,526 4,543,611 -62,822
10,024
174,705 1,512,046 1,388,624
9,586
108,808
97,784
153,920
axes (less war taxes)
37,300
33,700
440,452
469,030
213,539 .--- 673K61- 5,829,051 7
5,
8
10,370 --430,614 --23,389
447,436
-1-177,541
Net after taxes
168,579 2,159,451 4,103,126 --72.914
223,096 '1,502,363 5,355,583 -218,065
966 -489,515 --38,755
389728
et7after rents
200,285 1,848,259 4,429,330 -73,972-5,050
22,020
50,509
1,835
"or taxes
328
2,069
2,065
328
518
• ver. miles of r'd oper.
512
Total Company
Yazoo &rMississippi Valley
Wabash
Month of December
--Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 31-Month of December
--Jan. 1 to Dec. 31- 1917.
1918.
1917.
1918.
1918.
1917.
1918.
1917.
1918.
EARNINGS.
1917.
1918.
1917.
$
$
$
$
'S
$
$
$
$
$
$
10,527,942 8,302,813 116216,983 93,472,759 3,247,001 2,275,049 34,498,242 29,342,854 1,703,820 1,146,018 17,074,083 13,510,733
• reight revenue
604.524
583,781 4,456,277 3,678,700
832,148
assenger revenue_
2,497,516 2,459,558 30,180,033 15,247,812
'
726,077 9,993,358 7,673,810
Tot.,incl. other rev. 14,122,016 11,801,522 158845,171 130101,863 4,556,981 3,282,329 48,246,411 40,471,998 2,398,801 1.810,053 22,477,008 18,152,123
316,474
188,756 3,053,249 2,926,571
• xpenses-Maint.way 2,196,084 1,285.866 18,926,521 15,348,221
686,325
329,157 6,104,353 3,961,074
596,008
311,575 4,777,336 3,020,219
702,105
Maint. of equipm't_ 2.404,574 1,577,795 25,155,880 15,812,794
476,143 9,497,764 5,466,119
15,141
22,618
187,575
262,925
77,948
Traffic expenses....
85,371
207,326 1,362,818 2,355,942
43,421
711,877 1,039,212;
863,964
578,092 8,183,362 5,852,461
Transportation exp- 4,716,149 3.724,162 47,461.548 37,882,462 2,191,277 1,598,677 22,489,629 16,888,330
Total,incl. other_ 10,223,888 7,342.194 101204,892 77,295,157 3,742,155 2,577,162 40,124,609 28,468,896 1,846,727 1,157.702 16,731,537 12,470,133
552,073
652,350 5,745,471 5,681,996
3,898,127 4,459,326 56,640,264 52,806,705
814,826
705,167 8,121,802 12,003,102
et from railroad_ _ _
123,257
68.668
812,300
761,093
792 928 1,212,724 6,886,410 9,865 118
155,623 1,328,591 1,453,593
axes (less war taxcs)_
95,594
428.77
582.955 4,930,718 4,917,4'74
3, 04,183 3,240,782 50,643,507 42,929,003
1
719,014
548,848- 0 -NO 10,543,881
677-0
Net after taxes_
405,894
57(ita86 4,499,956 4,687,061
Th,044,86g 3,216.984 50,822,106 42,283,548
482,522
et after rents
316; 00 3,721,029 7,211,273
172,577
14,933
1,284,252
272,490
$11,360
107,021
ar taxes
1,382
1,381
8,030
ver. miles of r'd oper.
7,997
2,519
2,519
,
St Joseph & Grand Island
Western Maryland
-Month of December
--Jan. 1 to Dec. 31- -Month of December
--Jan. 1 to Dec. 311918.
1917.
1918.
1917.
1917.
EARNINGS.
1918.
1917.
1918.
$
$
$
$
S
157,125 2,044,733 1,868,288 1,567,502 1,104,562 13,528,179 11,632,161
134,121
• roight revenue
321,302
375,743
33,915
29,791
assenger revenue...
83,103
87,718 1,004,670 1,089,686
200,692 2,588,577 2,346,814 1,745,627 1,276,882 15,402,351 13,638,449
183,523
Tot.,incl. other rev.
551,288 1,036,733
76,238
73,884
366.620
'xpenses--Maint.way
100,482 2,861,071 1,460,107
463,692
25,570
303,836
31,667
403,358
199,271 4,713,553 2,605,148
Maint. of equipm't_
3,056
26,197
41,709
2,186
272,362
Traffic expenses_ _ _
234,531
15,432
20,170
79,737 1,400,905
874,596
146,277
Transportation exp.
436,023 7,153,139 4,721,022
612,568
193,548 2,559,030 2.345,541 1,458,868
269,669 ...
Total,incl. other_
803,759 15,526,447 9,561,315
7,144
29440'
=86,146
1,272
-7
473,123 -124,095 4,077,134
at from railroad_
286,759
21,443
112,644
17,972
118,571
464,607
'axes (less war taxes)
70,607
518,400
43,200
--104,fln --14,299 --88,T4T --117,544
402:488 -6 27
- - 04 3,612,499
4 Net after taxes_
248,125
-106,526 -137,687
-95:723 -------7676'
4,150,225
201,181
79,26i.'184
et after rents
60,000
Var taxes
15,000
81,600
6,800
258
258
ver. miles of r'd oper.
697
707
EARNINGS.

$

•

HAWAIIAN ROAD

Union RR (of Pennsylvania)

Western Pacific

Oahu Ry. & Land Co.

Month of December--Jan. 1 to Dec. 31- -Month of December--Jan. 1 to Dec. 31- Month of November- -Jan. 1 to Nov. 301917.
1918.
1918.
1917.
1918.
1917.
1918.
1917.
1917.
1918.
1918.
1917.
$
$
$
$
76.734
82,090
reight revenue
934,632
781,966
714,152 9,187,872 7,968,770
911.830
33,544
30,723
299,271
assenger revenue_ _
66,947
122,707 1.373.496 1,473.538
263.800
646,164 , 361,830 7,078,313 5,732,626
119,255 .119.907 1318.365 1,274,916
878,837 11,065,962 9,898,483
Tot.. incl. other rev.
891,643
615,736
33,570
53,017
xpenses-Maint.way
12.648
469,775
22.774
140,542
125,107 2,034,146 1,577,089
130.236
263,072
221,252 1,928,731 2,035,021
140,544
14,439
2,201
999,072
120,563
Maint. of equipm't_
89.401
94,338 1,634,999
219,088
536
3,807
• 3,857
602
581
801
254,562
8,031
Traffic expenses
22,483
187,703
8,768
15,291
279,573 3,728,456 3,111,653
42,204
35,442
324,696
410,080
290,312 3,625,271 2,993,341
Transportation exP337,221
408,225
542,469 6,355.141 5,699,062
80,184
65.310
528,446
691,587
Total,incl. other_
555,135 7,891,617 6,190,055
938,501
621,116
..--7137111
117771A
32,663 -46,85g
39.070
54,5 0 7217fi7
32
,
-K01 3,174,844 -3,768,15
653,8
-00
et from railroad_ __ _
88,247
10,671
2,910 0-32,429
65,817
7.685
106,719
45,247
600,975
491,246
axes (less war taxes)
113,660
83,453
634,01-6'
-14872164
28,398
46,912
-150,5411
278,449 "2,17M---- 3,216,98f.,609
520,058
Net after taxes
530.346
1.455,668'
601,114 -140,929'
28,398
46,912
520,118
2 - ,
et after rents
----W0,970 .---575:304 3,017,281
511,174
28,935
1,064
4,751
7,220
447
72,200
or taxes•
103,097
1,050
35
35
114
114
974
ver. miles ofr'd oper.
1,011
EARNINGS.

--Trrunl
159,530




u8.76

--33,153

14

RAILWAY EARNINGS

[VOL. 108.

COMPANY RETURNS
All the figures in the foregoing pages are transcripts of the monthly returfis 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 Cmmission. In some instances the figures in the two returns correspond, but the company statements go beyond the requirements of the Commission and give fixed
charges and income froni investments in addition to earnings 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 company 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 convey 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. Obviously, 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 statements are identical with those rendered to the Commerce Commission, and do not include any additional items, we do not undertake to repeat them here. In such cases
the reader must look for the figures among the detailed statements on preceding pages, which include every steam road that
is obliged to make monthly returns to the Commission.
Bellefonte Central
Gross receipts
Operation
Net
Interest and taxes
Surplus

-Month of December- -Jan. 1 to Dec. 311917.
1918.
1918.
1917.
$
$
$
$
8,239
6,386
88,752
80,066
7.378
7,033
76,944
73,921
-647
861
11,808
6,145
210
247
2,520
2,964
651
-894
9,288
3,181

Chicago Great Western
---A tot, th of July- -Jan. 1 to July 311918.
1917.
1918.
1917.
$
$
$
11
Miles operated
1.496
1.496
Total operating revenue
1.712.829 1,378.105 10,123,320 9,212.981
Total operating expenses
1,405.553 1.026.810 9,295,096 7,052.760
Net revenue from railroad operation
307,276
351.295
828,224 2.160,221
Net income after charges
86.821
125.916 def736.485
740.504

New York Chicago it St Louis

Buffalo Rochester ez Pittsburgh
-Month of November- -Jan. 1 to Nov. 30-1918.
1917.
1918.
1917.
Operating revenues
1,479,314 1.323.983 16,872,925 13,790,364
Operating expenses
1,579,204 1.130.805 16,006,842 10.867,044
Net revenue
-99.890
193.178
866,083 2,923,320
Railway tax accruals
26,734
35,401
294,076
389.410
Uncollectible railway revenue
155
239
359
Railway operating income
-126,624
157,622
571,768 2,533,551
Equipment & joint facility rents
-29,404
72,430
370,476
783,678
Net
-156,028
230,052
942,244 3,317,229

-Month of December- -Jan. 1 to Dec. 311918.
1917.
1918.
1917.
Operating revenues
2,505,361 1,293,790 22,613,381 16,901,206
Operating expenses
1,746,974 1.131.788 17.489.757 13,281,309
Net operating revenue
758,387
162,001 5,166,624 3,619.897
Taxes and uncollectible railway
revenue
127,531
47,911
647,687
608.139
Operating income
630,856
121,093 4,518,937 3,011,758
Other income
49,043
19,560
172,927
330,156
Gross income
679,899
143,653 4,691,864 3,341,914
Deductions from income
54,956
95,053
783,515 1,009,958
Net income
624,943
48,600 3,908,349 2,331.956

New York Ontario &Western

--Month of July- --Jan. 1 to July 311918.
1917.
1918.
1917.

Fonda Johnstown & Gloversville
-Month of December- -Jan. 1 to Dec. 311918.
1917.
1918.
1917.
$
$
$
$
Total railway operating revenues..
99,156
90,039 1,123,137 1,064,318
Railway operating expenses
66,091
51,267
696,889
'602,218
Net revenue from railway oper_
33,065
38,772
426,248
462,100
Railway tax accruals
3,223
5,205
55.522
46,905
Railway operating income
29,842
33,567
370,726
415,195
Miscellaneous operating income_
-555
-305
4,540
6,492
Total operating income
29,287
33,264
375.266
421,687
Non-operating income
1,365
1,723
)33.371
23.779
Gross income
30,652
34,987
408,637
445,466
Total deductionsfrom gross income
32,154
32.096
393,701
392,851
Net income
-1,502
2,891
14,936
52.615




Operating revenue
1,314,416
Operating expenses, taxes and
uncollectible revenue
826,893
Net revenue
487,523
Other income and deduc'n.s, net.... 113,843
Net income
373,680

958,072 6.090.513 5.067,709
601.149 5.473,009 3.048.758
356,923
617.504 1,218.951
112.208
819,386
720,273
244 715 -201,882
498.678

Toledo Peoria & Western
-Month of August- -Jan. 1 to Aug. 311918.
1917.
1918.
1917.
$
$
Railroad and outside revenue____
163,281
117.103 1.014.278
843.268
Operating expenses
132.824
106.419 1,010,748
774,524
Net earnings
30,457
10,684
3,530
68.744
Other income
7,810
15,010
126,150
152,179
Total net income
38,267
25,694
129,680
220.923
Fixed charges &c
6.596
8.880
71.481
181,001
Surplus
31,671
16,814
58.199
39.922


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102