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TW O S E C T I O N S ---- S E C T I O N TW O RAILWAY EARNINGS SECTION OF THE C o m m e r c ia l & F in a n c ia l C h r o n ic l e Copyrighted in 1923 according to Act of Congress, by W ILLIA M B. D A N A C O M P A N Y , in office of Librarian of Congress, Washington, D .C . VOL. 116. NEW YORK, JANUARY 13, 1923. NO. 3003, HIS entire publication is devoted to a presentation of the reports of earnings and expenses of United States railroads for the latest month (November) and for the calendar year to date, including said month. The table embraces every steam operating railroad in the country which is obliged to make monthly reports to the Inter-State Commerce Commission at Washington. Returns are now required only from carriers whose railway operating revenues, or gross earnings, exceed $1,000,000 per annum. T The figures are a transcript of the sworn returns on file at Washing ton. They have the further advantage of uniformity of method and classification. Every company is obliged to make up its returns on the same basis and in the same way as every other company. Sworn Returns. Earnings The “ Chronicle” has always made a specialty of weekly and monthly Our S ec;alt reports of railroad earnings, and for nearly fifty years its weekly ^ c y’ and monthly summaries have been everywhere accepted as authori tative. The present publication is in continuation of this work. These Inter-Stale Commerce returns also make it possible for us to present full details of both the revenues and expenses. Besides showing total gross earnings, we indicate separately the passenger and the freight revenues. In the case of the expenditures we report the outlays for both maintenance of way and maintenance of equipment as well as the traffic and transportation expenses. We also show the railway tax accruals and the net earnings after the deduction of such taxes and also the deduction of the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction of certain rents, namely equipment rents and joint facility rent. We conclude by giving the miles operated on which the earnings are based. Full Details. p t ry . The cents we have necessarily been obliged to discard altogether, and * if in any case the results should happen to vary a dollar, one way or the other, from exact proof, the reason for the variance will be found in that circumstance. j r mncin RAt-iirriQ To make this publication absolutely complete, we add statements A? qj y S at the end to show also the figures issued by the companies them selves, where they are made up on a basis different from that of the Commerce Commission returns, or where they give additional items of information, or where, as sometimes happens, figures are issued by the companies in consolidated form, so as to show results for the system as a whole, instead of each constituent road separately. The matter contained in this extra and novel publication is entirely additional to the comprehensive reports of earnings we furnish in the “ Chronicle” from week to week. All the returns of the leading roads, and also all weekly figures of gross earnings, are printed regularly and promptly in the “ Chronicle” as soon as received. But in addition we issue once a month— say about the 15th— this special publication, furnishing a sort of compendium of earnings in which we bring together all the returns for the latest month which are available. Other Returns Continued. As in the case of our numerous other Supplements or “ Sections,” all of which are expensive publications, the “ Railway Earnings Section” will be furnished only to “ Chronicle” subscribers. These will receive it free of charge, one copy going with each subscription. It will be im possible to obtain copies in any other way, as none will be printed for general sale. Only for Subscribers. WILLIAM B. DANA COMPANY, PUBLISHERS NEW YORK 90 P in e S tr eet 136-138-140 F ront S treet Have you all the facts Covering Railroad Securities and the merits o f the various issues ? A general tendency toward improvement in the bond market does not necessarily mean that an investor should choose indiscriminately from a list of railroad obligations. Improvement in the position of railroad securities should determine the investor to make even more certain which are really the best purchases. To obtain investment satisfaction you want most of all— security. In selecting bonds to-day by what shall you be guided? Do you know which bonds are selling at a price commensurate with their safety? Since 1912 we have had a force of statisticians engaged in an analysis of the leading railroads and their obligations. In our determination to show the relative merits of each security we keep up-to-date an exhaust ive and detailed report that is exact and complete in every respect. Institutions and individuals find the information contained in these reports of great assistance in two ways: to obtain an unbiased report on their present holdings, with sound reasons why certain bonds should be changed or sold, depending upon their strength or weakness; and also to secure authoritative advice as to which railroad obligations to-day return the highest yield compatible with unquestioned safety. I f y o u w a n t th e b e s t, n o t th e fo u r th or fo r tie th b e s t, m a y it n o t be w orth y o u r w h ile to p e r m it us to s u b m it a r ep ort on y o u r h old in gs o f railroad b o n d s, or obta in ou r su g g e stio n s for a d d itio n a l i n v e s t m e n t s ? BROOKE, STOKES & CO. Members Philadelphia Stock Exchange 140 South Fifteenth St. Philadelphia 734 Fifteenth St., N. W. Washington, D. C. . 300 North Charles St. Baltimore, Md. Janv 1923.] RAILW AY EARNINGS 3 GENERAL INDEX TO ROADS APPEARING IN THIS SECTION. Name— Page. Name— Page. Name— Page Akron Canton & Youngstown________ 4 El Paso & Southwestern____________ New York Chicago & St. Louis________ 10 Alabama & Vicksburg________________ 4 New York Connecting_________________ 10 Elgin Joliet & Eastern_______________ Alabama Great Southern. See Southern. 12 Erie________________________________ New York New Haven & Hartford_____ 10 Ann Arbor___________________________ 4 Florida East Coast_________________ New York Ontario & Western__________10 Arizona Eastern. See Southern Pacific. 12 Fonda Johnstowm & Gloversville______ 14 New York Phila. & Norfolk. d eeP en n _.il Atchison Topeka & Santa F e__________4 Fort Smith & Western________________ New York Susquehanna & Western____ 10 Atlanta & West Point__________________ 4 Fort W orth & Den. City. See Col.& Sou. 6 Norfolk & Western____________________ 10 Atlanta Birmingham & Atlantic________ 4 Ft. Worth & Rio Gr. See St. L.-S. F _ . l l Norfolk Southern______________________10 Atlantic & St. Law. See Grd. Trk. Sys. 7 Galv. Harrisb. & San Ant. See Sou. Pac.12 Northern Alabama. SeeSouthern______12 Atlantic C it y __________________________ 4 Galveston W harf_______________________ 7 Northern Pacific_______________________ 10 Atlantic Coast Line_____________________4 Georgia_____________________________ N orthwestern Pacific___________________10 Atlantic Steamship Lines. See So. Pac.12 Georgia & Florida__________________ Oregon Short Line. See Union]Pacific__13 Baltimore & Ohio_______________________ 4 Georgia Southern & Fla. See Southern. _ 12 Oregon-Wash. R R . & Nav. See Un. Pac_13 Baltimore & Ohio Chicago Terminal____4 _ Grand Rapids & Indiana. See Penn_ 10 Panhandle & Santa Fe. dee Atchison_ 4 _ Baltimore Ches. & Atlantic. See Penn. 10 Grand Trunk System___________________7 Pennsylvania Railroad and Co.__10£ana 14 Bangor & Aroostook__________________ 4 Grand Trunk Western_________________ 7 Peoria & Pekin Union__________________ 11 Beau.SourL.&W . deeN.Orl.Tex.&Mex. 9 Great Northern________________________ 7 Pere M arquette________________________11 Bellefonte Central_____________________ 14 Green Bay & Western___________ -___ Perkiomen_____________________________ 11 Belt Railway of Chicago________________ 4 Gulf & Ship Island___________________ 7 Philadelphia & Reading R y ____________ 11 Bessemer & Lake Erie__________________ 4 Gulf Colo. & Santa Fe. See A tchison._ Pittsburgh & L. E. See N . Y . C entral..10 Bingham & Garfield____________________5 Gulf Mobile & Northern_______________ Pitts. Cin. Chic. & St. Louis. See P e n n .ll Boston & Maine_______________________5 Hocking Valley_________________________ 7 Pittsburgh Shawmut & Northern______ 11 Brooklyn Eastern District Term______ 5 Houston & Texas Cent. See Sou. P a c ..12 Pittsburgh & Shawmut________________ 11 Buffalo & Susquehanna_______________ 5 Houston East & West Tex. See So. Pac.12 Pittsburgh & West Virginia____________ 11 Buffalo Rochester & Pittsburgh_______ 5 Illinois Central_________________ 7 and 14 Port Reading_________________________ 11 Canadian Pacific______________________ 14 Indiana Harbor Belt. See N . Y . Central. 9 Quincy Omaha & Kansas C ity__________11 Carolina Clinchfield & Ohio_____________5 International & Great Northern_____ Richmond Fredericksburg & Potom ac. .11 Central New England__________________ 5 International R y. Co. of M e ________ _ Rutland_______________________________ 11 Central of Georgia______________________ 5 Kanawha & M ich. See N . Y . Cent____10 St. Joseph & GrandTsl. dee^UnioniPac.lS Central R R . of New Jersey_____________ o Kansas City M exico & Orient RR_____ 8 St. Louis-San Francisco_______ ligand 14 Central Vermont_______________________ 5 Kan. City M e x & Orient R y. Co. of Tex. St. L. Brownsv.&Mex. deeN .O .T .& M . 9 Charleston & West Carolina__________ 5 Kansas City Southern__________ 8 and 14 St. Louis Merchants Bridge & Terminal. Chesapeake & Ohio Lines_____________5 See Terminal Association of St. Louis. 13 Kansas Oklahoma & G ulf_______________ 8 Chicago & A lton_______________________ 5 Lake Erie & West. See N . Y . Chicago St. Louis San Francisco & Texas. See Chicago & Eastern Illinois______________ 5 & St. Louis_________________________ 10 St. Louis-San Francisco_____________ 11 Chicago & Erie. See Erie_______________ 7 Lake Superior & Ishpeming_____________ 8 St. Louis Southwestern________ 11 and 14 Chicago & North Western______________ 5 Lake Terminal_________________________ 8 St .Louis S. W . R y . of Tex. deeSt.L.&S.W .ll Chicago Burlington & Quincy_________ Lehigh & Hudson R iver________________ 8 St. Louis Transfer_____________________ 11 Chicago Det. & Can. Grand Trk. Jet. Lehigh & New England________________ 8 San Antonio & Aransas Pass____________ 12 See Grand Trunk System___________ 7 Lehigh Valley________________________ San Antonio Uvalde]& G u lf____________ 12 Chicago Great Western________________ 5 Long Island. See Pennsylvania_______ 10 Seaboard Air Line_____________________ 12 Chicago Indianapolis & Louisville_____5 Los Angeles & Salt Lake_______________ 8 Southern Railway_____________________ 12 Chicago Junet. See Chic. River & Ind. 6 Louisiana & Arkansas__________________ 8 Southern Pacific_______________ 12 and 14 Chicago Milwaukee & St. Paul_________ 5 Louisiana Railway & Navigation C o_____ 8 South. R y. in Miss. See Col. &]Greenv_12 Chicago Peoria & St. Louis R R ________ 5 Louisiana Western. See Southern P a c ..12 Spokane International_________________ 12 Chicago River & Indiana_______________ 6 Louisville & Nashville__________________ 8 Spokane Portland & Seattle____________ 12 Chicago Rock Island & Gulf____________ 6 Louisville Henderson & St. Louis_______ 8 Staten Island Rapid tra n sit____________ 12 Chicago Rock Island & Pacific_________ 6 Maine Central_____.___________________8 Tennessee Central_____________________ 13 Chicago St. Paul Minn. & Omaha_____6 _ Maryland Delawn & Virginia. See Penn. 10 Terminal Railroad Assn, ofISt. Louis_ 13 Chic.TerreHa.&South. deeC.M .& St.P. 5 Michigan Cent. See N . Y . Central____ 10 Texarkana & Ft. Smith, dee'Kan. C. So. 8 Cincinnati Indianapolis & Western____6 Midland Valley________________________ 8 Texas & New Orleans, dee]So. P ac____12 Cincinnati Lebanon & North. See Penn. 10 Minneapolis & St. Louis________________ 8 Texas & Pacific________________________ 13 Cine. New Orl. & Texas Pac. See South. 12 Minneapolis St. Paul & S. S. M ________ 9 Tol. & Ohio Cent. See N . Y . Central_ 10 _ Cincinnati Northern. See N . Y . Central. 9 Mississippi Central_____________________9 Toledo Peoria & Western. See Penn____11 Cleve. Cine. Chic. & St. L. d e e N .Y .C . 9 Missouri & North Arkansas__________ 9 Toledo St. Louis & Western____________ 13 Coal & Coke, dee Baltimore & Ohio____4 Missouri Kansas & Texas_______ 9 and 14 Trinity & Brazos Valley. See Colorado Colorado & Southern____________________6 Missouri Kansas & Tex. R y. of T ex a s.. 9 & Southern___________________________6 Columbus & Greenville. See M ob. & O . 9 Missouri Pacific________________________ 9 Ulster & Delawrare_____________________ 13 Cumberl. Val. & Martinsb. See Penn. 10 Mobile & Ohio_________________________ 9 Union R R . (of Pennsylvania)__________13 Delaware & Hudson____________________6 Monongahela. dee Pennsylvania______ 10 Union Pacific__________________ 13 and 14 Delaware Lackawanna & Western_____6 Monongahela Connecting_______________ 9 Utah__________________________________ 13 Denver & Rio Grande______________ M6 ontour_______________________________ 9 Vicksburg Shreveport & Pacific______ .13 Denver & Salt Lake_____________________ 6 Morgan’s Louis. & Texas R R . & SS. Co. Virginian______________________________ 13 Detroit & M ackinac___________________ 6 See Southern Pacific________________ 12 W abash_______________________________ 13 Detroit & Toledo Shore Line____________6 Nashville Chattanooga & St. Louis_____ 9 West Jersey & Seashore. See Penn___ II Det. Gr. Hav. & Mil. See Gr. Tr. Sys. 7 Nevada Nor them _______________________ 9 Western Maryland__________________...1 3 Detroit Toledo & Ironton_______________ 6 Newburgh & South Shore_______________ 9 Western Pacific________________________ 13 Duluth & Iron Range__________________ 6 New Jersey & New York. See Erie____ 7 Western Railway of Alabama__________ 13 Duluth Missabe & Northern____________ 6 New* Orleans & North East. See South. 12 Wheeling & Lake Erie_________________ 13 Duluth South Shore & Atlantic_________ 6 New Orleans Great Northern__________ 9 Wichita Falls & Northwestern__________13 Duluth Winnipeg & Pacific_____________ 6 New Orleans Texas & M exico___________9 Wichita Valley. See Colo. & Sou______ 6 East St. Louis Connecting______________ 7 New York Central______________________ 9 Yazoo & Mississippi Valley____________ 13 4 116 . [V ol. RAILW AY EARNINGS REVENUE RETURNS OF United States Railroads FOR NOVEMBER AND FOR THE ELEVEN MONTHS ENDING WITH NOVEMBER. In the following we furnish detailed figures of earnings and expenses for November 1922, as compared with November 1921, and also for the eleven months ending with November in the two years, of every steam railroad in the United States which is obliged to file monthly returns of earnings and expenses with the Inter-State Commerce Commission at Washington. It should be understood, however, that the Inter-State Commerce Commission now requires monthly reports only from roads whose gross railway operating revenues exceed $1,000,000 per annum. Prior to the taking over of the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthly returns were required from all carriers having railway operating revenues in excess of $100,000 per annum. In the closing page of this publication— page 14— we also give the Company returns where these differ in any way from the Commerce Commission returns or embrace more facts than are contained in the latter. I A k ro n C a n t o n & Y o u n g s t o w n j 1— Month o f November— — Jan. 1 to Nov. 30— — 1922. 1921. 1922. 1921. $ s S $ 176,936 Freight revenue______ 128,452 1,903,804 1,424,651 Passenger revenue___ 790 1,253 13.845 19.735 T ot., incl. other rev. 188,800 137.152 2,010.653 1,528,968 Expenses— M a int. way 29,747 248,803 256,516 30,359 23,824 Maint. of equipm’t . 217.093 13,575 172,268 Traffic expenses 5,281 6,542 54,579 64,935 60,934 Transportation exp. 47,181 580,584 487,124 127.534 T o t. exp. ,incl.oth. 105,690 1,203,570 1,052,050 61,266 31,462 807,083 Net from railroad.. . 476,918 T a x e s _______ . ._ 11,000 9,000 111,500 99,000 113 241 Uncollectible revenue. 50,153 22,462 695,342 Net after taxes, &c_ 377,918 Net after rents 25,915 405,296 7,071 217,085 170 Aver, miles of r’d oper. 170 170 170 E A R N IN G S. A la b a m a & V ic k s b u r g E A R N IN G S. Passenger revenue___ T ot., incl. other rev. Expenses— M aint.wav Maint. of equipm’t Traffic expenses. Transportation exp. Tot.exp.,incl.oth. Net from railroad___ Taxes . . Uncollectible revenue. Net after taxes, &c. Net after rents.. Aver, miles o fr’d oper. — Month o f November— • Jan. 1 to — 1922. 1921. 1922. $ * $ 217,660 238,897 1,936.042 56,620 52,728 628,057 289.604 306,576 2,760,129 53,796 44,376 514,353 79,238 58,295 548,525 6,293 8,452 89,791 98,727 118,985 1.056,112 251,799 243,108 2,359,791 37,805 63,468 400,338 19.229 19,192 210,656 195 626 18,381 44,276 189,056 24,664 39,264 242,650 141 141 141 A t c h is o n T o p & A n n A rb o r Month o f November—- — Jan. 1 to 1922. 1921. 1922. S $ $ 438,032 3,939,436 409,313 35,334 463,872 49,971 465,380 506.069 4,620,178 44,887 64,313 564.536 70.012 840,598 75,137 8,474 8.225 101,909 203,133 233,876 2.027,150 350,087 389,309 3.711,145 115,293 116,760 909,033 20,400 22,440 238,200 29 4 411 92,824 96.356 670,422 56,950 70,967 386,575 293 293 293 E A R N IN G S. Passenger revenue . _ T ot., incl. other rev. Expenses— Maint.wav Maint. of equipm’t Traffic expenses . . Transportation exp. Tot.exp. ,incl. oth. Net from railroad____ Taxes________ Uncollectible revenue. Net after taxes, &c_ Net after rents____ Aver, miles of r ’d oper. E A R N IN G S. Freight revenue______ Passenger revenue___ T ot., incl. other rev. E xpenses— M ain t .wa y Maint. of equimn’t Traffic expenses___ Transportation exp. T ot.exp., incl. oth. Net from railroad____ Taxes . _ . _____ Unco’ ectible revenue. u Net after taxes, &c_ Not after rents . . . _ Aver miles o fr’d oper. | A tla n ta & W est P o in t N ov. 30— — Month o f November— — Jan. 1 to 1922. 1921. 1922. 1921. S $ S $ 165,032 104,897 1,265,704 2,261,332 76,832 69,392 791,976 659,511 268,499 196,974 2,364.352 3,124.111 31,333 310,339 25,426 530.148 43,970 49,861 482,623 631,371 8,538 7,356 87,833 88,759 87,288 82,124 882,346 1,305,201 184,490 178,091 1,915,860 2,710.444 84,009 18,883 448.492 413.667 5,131 134,948 18,748 208,956 1,654 100 13,752 65,261 311,890 204,611 49,183 3,115 217,178 227,934 93 93 93 141 B a ltim o re & O h io Includes Coal & Coke — Month o f November—- — Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. 16,412,135 12,812,155 1424S7.343 144271,743 2,025.763 2.029,331 24.339,770 27,200,806 19.845,040 15,901,084 179894 064 183117,810 2,000,188 2,225,547 21,306,595 22,289,943 4,803,015 4,049,737 44,176,411 41,758,968 296,770 290.629 3,263,598 3,010,752 136.835 6,529,134 74,335.637 79,148,911 15,822,260 13,710,861 149780,776 153492,562 4,022,780 2,190,223 30,113.288 29,625,248 315,992 544,255 6.689,268 6,720.735 76,412 4,305 5.753 39,266 3,702,483 1,640,215 23,347,548 22,865.247 3,024,073 1,506,601 18,596,450 20,200,298 5,184 5.184 5,235 5,235 B & O C h ic a g o T e rm in a l Nov. 30— — Month o f November— — Jan. 1 to 1922. 1921. 1922. 1921. S S $ $ 1,135.609 867,368 252,387 2,846.888 2,299,018 301,310 381,654 25,548 44,030 302,968 407,363 47,287 39,959 511.795 20,476 1.701 1.647 87,785 154,562 1,620,204 166,760 927,627 256,603 254,904 2 593,631 1,994,317 253,255 44,707 — 2.517 304,701 539,286 130,010 51,397 38,355 307 7,136 27 174,664 — 6,690 — 48,008 — 286,338 39,549 921,371 121,883 84,845 90 91 93 91 S a n ta Fe System A tla n ta B irm in g h a m & A tla n tic — Month o f November— A tchison Topeka & Santa Fe 1921. 1922. — Month o f November— — Jan. 1 to Nov. 30— $ 1922. 1921. $ 1922. 1921. 310,579 242,447 Freight revenue ____ 13,543,540 12,472,430 119545.938 120927.576 49,602 38,176 3,512,389 3,421,382 38,491,759 42,360,767 Passenger revenue_ _ 383,516 302,014 T o t ., incl. other rev .18.757,744 17,124,079 172414.489 175572.238 66,302 47,716 Expenses— Maint. way 1,907,656 1,211,488 27,598,956 16,534,450 89,759 94.529 3,724,130 3,259,526 39,488,137 35,480,133 Maint. of equipm’t 21,242 19,414 299,642 251,741 2,930,485 2,835.568 Traffic expenses . . 160,439 190,554 Transportation exp. 5,597,004 4,873,093 53,891,247 61,350,334 583,115 370,128 Tot .exp. ,incl .oth. 11,818,514 9.893.579 127299,667 116772,403 401 — 68,114 Net from railroad 6,939,230 7,230,500 45,114,822 55,799,835 Taxes___ 13,579 18,058 2,296.501 1,529,511 15,063,166 12,652,738 115 115 8,504 3,461 46,985 Uncollectible revenue. 47,877 — 13,293 — 86,287 Net after taxes, &c_ 4,639.268 5,692.485 30,004,671 43,099,220 — 11,566 — 95,133 Net after rents.. 4.561,313 6,026,110 31,364,394 44.435,452 639 639 Aver, miles of r’d oper. 8,855 8.870 8,856 8.831 E A R N IN G S. Nov. 30— 1921. $ 3,906.878 578.668 4,708,883 593,653 995,588 91,337 2,082.518 3,916,622 792,261 218,600 150 573 511 432,172 293 2,419.893 404,184 403,475 16,059 1.497,092 2,509,416 — 89,523 407,535 13,259 — 510,317 562,643 90 B a n g o r & A r o o s to o k — — Jan. 1 to Nov. 30— • Month o f November— — Jan. 1 to 1921. 1922. 1922. 1922. 1921. * $ S $ $ 515,553 585,140 5,852,552 2,884,392 2,265,164 817.502 77,986 92,060 393,838 446.651 619,064 700,510 6,929,294 3,625,378 2,895,434 120.442 128,190 1.368,257 854,614 663.015 121,162 127,881 1,372,693 957,449 1,061,264 44,890 3,282 5,117 233,461 229,207 256,043 1,991,122 187,936 1,810,114 1,916,030 535,741 5,004,878 455,572 3.837,433 4,237,836 163.492 164,769 1,924,416 -2 1 2 ,0 5 5 -—1,342,402 28,582 506,208 148,544 48,353 201,176 2,147 445 6.347 7,979 7 135,742 1.416.061 115,132 — 366.946--1 ,5 5 1 ,5 5 7 138,122 1,640,886 157,744 — 450.974— 1.599,249 659 624 639 616 639 G u lf Colorado & Santa Fe A t la n tic C ity — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to 1921. 1922. 1922. 1922. 1921. 1922. 1921. * $ 8 S S $ $ 89,023 1,357,272 2 052 494 1 777 353 lfi 54A 081 118,379 118,821 2,875,210 131,220 347,261 314^737 3'.746>32 4,249,791 261,311 215,900 4,367,727 2,542,300 2,220,272 21,701,157 27,276,814 69,130 53,049 709,212 267,048 571,239 3,846,938 3,856,697 43,996 37,587 413,644 483,993 4,937.684 5,607,458 452,789 3,649 4,271 71,251 46,681 38,332 475,941 443.682 225,969 164,233 2,529.766 755,523 671,249 6.961,439 8,865,393 347,069 263,185 3,773,607 1,583,499 1,827,357 16,943,253 19,536,039 — 85,758 — 47,283 594,120 958,801 392,915 4,757,904 7,740.775 21,557 18,731 217,398 98,411 50.122 822,482 764,710 9 3.577 387 197 9,348 23,002 — 66,014 373,145 860,003 342,596 3,926,074 6,953.063 — 107,324 — 88,508 — 65,437 768,152 321,665 3,232,755 6.340,243 — 144,083 176 177 176 1.907 1,907 1,907 1,907 N ov. 30— 1921. $ Nov. 30— 1921. $ 5,600.815 869,334 6,710,685 1,154,333 1,620,478 48,109 2,349,676 5,439,076 1,271,609 368,566 1,716 901,327 1,016,513 659 B e lt R a ilw a y o f C h ic a g o Nov. 30— — Month o f November— — Jan. 1 to 1921. 1922. 1922. 1921. S S $ S 1,270,476 3,006,980 612,709 469,056 5,590,547 4.379.101 39.981 44,345 521,098 693,671 58,333 52,729 541,349 568,037 894 2,225 24,054 42,406 197,649 2,469.640 256.530 2,338.941 383,025 305,625 3.679,915 3,681,010 229,684 163.431 1,910,631 698,091 33,797 30.399 384,007 209,088 — — — 93 133,032 1,526,624 195,887 488.910 148,698 134,699 1,535,983 131,972 32 31 32 177 Nov. 30— 1921. $ 5,059,357 567,364 629,093 11,793 2,395,749 3,724,342 1,335.015 307,070 ______ 1,027,945 1,470,196 31 A tla n t ic C oa st L in e B essem er & L ake E rie Panhandle & Santa Fe — Mon th o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to N ov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1921. 1922. 1922. 1921. 1921. 1922. 1922. 1921. ' $ $ S $ S S S S S $ $ $ 691,276 685,105 5,565.906 6,900,953 4,369.885 3,740,855 44,025,250 40.33P.838 1,607.679 826,154 12,793,025 12,152,615 112,832 1.291,307 1,514,762 129,998 1,270,474 1,219,010 14 207,068 15,312.490 28,007 34,049 348.648 436,913 861,570 837,825 7,317,386 8,850,235 6,162,691 5,373,775 63.746,153 60,707.315 1,662,570 880,156 13,395 146 12,831,152 174,522 5,038 1,827,001 786,441 517,599 871,278 7,567,964 8,954,691 150,299 126,881 1,239,239 1,769,626 210,525 313,687 2,127,230 2,455,871 1,377,686 1,271,184 12,950,535 13,933,557 336,036 289.333 3,057,989 4,539,087 7,890 6,244 78,727 72,011 119,058 95,176 1,162,035 1.057,371 15,620 16,997 164,336 175,589 266,052 282,886 2.369,037 3.026,983 2,273,710 2,190,732 23,523,420 27,253,842 297,132 3,975,203 3,967,928 429,768 674,864 624,725 6,596,496 6,293,657 4,716.584 4,595,702 47,022,002 53,082,339 966,881 761,008 9,235,923 10,822.245 186.706 213,100 720,890 2,556,578 1,446,107 778,073 16.72^,151 7.624,976 695,689 119,148 4,159,223 2,008,907 58,680 21,624 282,351 224,691 500,000 200,000 3,525,000 2,875,000 106,751 60,998 424,407 373,193 225 85 3,351 6,694 1,779 2,595 24,709 2 8,004 8 151 171 127,801 191,391 435,198 2,329,292! 939,413 576,294 13,174,442 4,741,972 588.936 58,142 3,734.967 1,635,543 78,515 172,698 76,700 1,975.997! 1,085,595 590,860 13,184,078 4,307,390 I 785,058 118,015 4,411,962 1,996,711 857 857 857 4,930 4,911 857| 4,924 4.890 J 225 225 v 225 225 J a n ., 1923 .] E A R N IN G S. Freight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— Maint.way Maint. of equipm'tTraffic expenses___ Transportation exp_ Tot .exp. .incl.oth. Net from railroad-----Taxes________________ Uncollectible revenue. Net after taxes, &c. Net after rents---------Aver, miles of r’d oper. EA R N IN G S. Freight revenue---------Passenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. T ot.exp., incl. oth. Net from railroad-----Uncollectible revenue. Net after taxes, &c. Net after rents---------Aver, miles of r’d oper. B in g h a m & G a r fie ld C e n tr a l N ew E n g la n d C h ic a g o & E a s te rn I llin o is — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November-------- Jan. 1 to N ov. 30— — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921 1922. 1921. 1922. 1921. $ $ $ $ S S S S s s s ^ 626,340 744,762 5,694,313 7,194,647 1,743,161 1,734,615 16.374,990 18,808,777 26,556 12,919 204,773 153,898 14,039 18,016 206,921 266,795 358,624 362,117 4,139,142 4,628.301 9 £>r385 886 3,686 166,942 666,304 208,696 789,923 6,205,504 7,753,574 2,271,849 2,252,235 22,208.348 25.078,253 12,486 27,368 214,390 96,445 136,812 1,313,667 1,491,28’ 223,029 246,596 2,571,552 2,529,592 18.325 176,485 23,728 56,610 84,539 967,002 1,116,589 48.610 49,696 696,700 648,561 5,936,849 8,133,195 8,632 4,203 15,552 4,454 3,452 47,562 43,110 40,891 14,990 34,183 467,793 1,313 955 394,636 938,479 874,440 9,349,646 10,286,905 85,573 235.985 223,243 2,260,360 2,788,406 5,416 56.514 6,399 409.398 404.581 460.061 4.710,407 5.592,77^. 1,973.698 1.878.1R3 19,162.905 22.219.763 343.776 44,389 31,961 298,151 261,723 329,874 1,495.097 2 ,1 6 0 ,8 0 1 374,072 3.045,443 2,865,490 — 18.930 — 135,089 — 242,456 — 17,021 67,957 22,177 21,383 247,666 225,171 49,349 110,000 120,000 1,040,000 1,090,000 4,641 7,017 1,306 256 17 1 100 6 186 588 4,341 5.905 308,391 1,248,175 1,931.327 239.545 253.484 2.001,192 1.769.585 187.965 — 21,662 — 25,947 — 184.435 — 310,430 764,461 1,218,885 — 53,350 — 264,869 141,573 269,597 318,678 284,056 2,227,028 2.044,974 — 481 — 19,808 301 301 295 295 945 1,130 34 35 35 945 34 1,130 C e n tra l R a ilr o a d o f N ew J e rse y C h ic a g o & N o r th W e s te r n B o s t o n & M a in e — Month o f November— -— Jan. 1 to Nov. 30— — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ $ S * s S S s s s s S $ 4,550,757 4,446,056 44,270,484 44,040,711 3,742,605 3,305,856 33,016,685 37,055,772 9,386,073 7,163,966 92,643,936 89.204,575 681,413 668.358 8.776,762 8,968,529 2,185,906 2,428,487 26,635,085 31,177.435 1,677,851 1,749,509 20,625,217 21,766,619 7,057,448 6,786,976 73,006,493 72,032,853 4,797,187 4,176,304 44,902,859 48,524,262 12,853.795 10,860,944 134109.512 134196,868 555,361 5,080,753 5,955.687 1,735,594 1,670,771 17,906,536 19,841,957 500,561 718,269 1,076,022 10,348,596 12,062,424 1,432.701 1,272,127 14,456,170 14,595,335 1,441,339 1,829,019 11,557,642 11,728,939 3,100,583 2,803,566 27,607,323 30,598,099 387,594 377,410 659,671 37,371 35,187 605,575 144.137 159.291 1.667.170 1,749,350 54,137 50,046 3,463,378 3,076.942 33,130,520 36,945,848 2,104,070 1,667.048 19.576,082 19,994,998 5,341,150 5,073.529 57,654,474 61,519.496 5.883,739 5,726,535 61,164,707 67,248,222 4,201.071 4,197,784 37.925,594 39,461,688 10.697.234 10.086.473 108973.929 118420,475 — 21,480 6,997,265 9,062,574 2,156,563 596,116 1,173,709 1,060,441 11,841,786 4,784.631 774,471 25,135,583 15,776,393 259,995 3,068,054 2,742,530 370,544 234,324 2,378,075 2,772,427 750,000 261,162 695,000 8,250,000 8,070,000 169 10,770 2,296 1,212 8,761 2,455 4,061 53 1.412 18 28,932 15,940 216,811 — 281,644 3.898.441 6,317.748 1.402.502 78,059 16.856.651 7.690.453 '• 912,529 826,064 9,461,256 2,010.992 200,627 — 281,315 3,614,791 6,075,251 1,327,182 467.942 6,243,438 — 909,411 494,328 — 10,608 15,871,144 7,160,924 691 685 ,2300 691 685 2,287 8,403 2,300 8,402 8,403 2,287 8,402 C en tra l V erm on t B r o o k ly n E a s te r n D is tr ic t T e rm . — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to 1922. 1922. 1921. 1922. 1921. 1922. 1921. $ $ S $ $ $ $ 705,000 483,635 5,082,849 Freight revenue---------131,978 103,191 1,362,274 1,135,533 91,492 96,296 1,114,252 Passenger revenue— T ot., incl. other rev. 636.293 6,867,845 860,933 140,674 111,121 1,450,450 1,211,014 Expenses— Maint.way 56,343 978,607 61,870 102,285 79,774 6,944 5,495 Maint. of equipm’t . 216,612 113,020 186,408 91,795 1,053,278 11,747 21,351 Traffic expenses___ 2,651 140,140 10,056 12,726 2,268 128 714 Transportation exp. 448,166 292,530 3.484.310 548,065 440,604 40,517 50,304 Tot .exp. ,incl .oth. 477 356 5,918.395 850,097 839,951 663,645 72,483 73,236 Net from railroad-----949,450 371,063 158,937 600,353 197.288 68,191 37,885 Taxes________________ 72,622 17,852 193,270 17,570 70,386 6,349 6,212 Uncollectible revenue. 72 1,636 691 Net after taxes, &c_ 298,441 754,544 529.967 141.013 31,536 179.027 61.979 Net after rents---------298,461 373,404 529,967 110,680 31,536 124,186 61,979 Aver, miles of r’d oper. 9 532 9 532 532 9 9 E A R N IN G S. E A R N IN G S. Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot .exp. .incl. oth. Net from railroad____ Uncollectible revenue. Net after taxes, &c_ Net after rents---------Aver, miles of r’d oper. EA R N IN G S. Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. T o t. exp., incl .oth. Net from railroad-----Taxes________________ Uncollectible revenue. Net after taxes, &c. Net after rents---------Aver, miles of r ’d oper. E A R N IN G S. Freight revenue______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot.exp..incl.oth. Net from railroad____ Taxes________________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ a ver. miles of r ’d oper. Nov. 30— 1921. $ 4,745,724 1,269,708 6,569,500 1,238,178 1,487,468 136,059 3,711,987 6,844.322 — 274,822 228,772 581 — 504.175 — 717,537 532 B u ffa lo & S u s q u e h a n n a R R . C o rp — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 91*?? 61Q 4,396 222,082 37,794 73,339 1,623 72,557 193.846 28,236 12,250 7 15,979 68,408 253 Freight revenue---------Passenger revenue----T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses— Transportation exp. Tot .exp. .incl. oth. Net from railroad____ Taxes________________ Uncollectible revenue. Net after taxes, &c_ Net after rents---------Aver, miles of r’d oper. EA R N IN G S. 5 RAILW AY EARNINGS 179 454 6,450 182,147 37,208 74,693 1,648 60,372 182,940 — 793 3,300 2 — 4,095 27,217 253 1 333.053 58,580 1,435,202 363,032 472.305 23,334 523.906 1,480,275 — 45,073 54,450 133 — 99.656 166,044 253 1.774.439 72,071 1,888,960 425,281 925,642 29,078 690,908 2,182.155 — 293,195 36,300 80 — 329,575 47,997 253 C h ic a g o B u r lin g t o n & Q u in c y — Month o f November-------- Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. 12,137,357 10,123,494 110496,979 113590,620 2,288,592 2,253,857 25,964,698 29.143.656 15,616,190 13,603,117 149855,219 155326,958 1,395,852 1,931,283 19,357,428 20,751,947 3,690,773 3,302,485 32,027,856 30,967,199 176,698 169,934 2,066.281 1,949,997 5,908,033 4,844,751 57,744,717 58,527,111 11.592.619 10.662.052 115854.897 117831.979 4,023,571 2,941.065 34,000,322 37,495,979 831,078 791,071 10,037.439 8,995,023 1,971 4,056 28.173 58.657 3,190,522 2,145,938 23,934.710 28.442.299 2,925,137 1,960,011 22,084,768 26,695,721 9,393 9,393 9,393 9,393 C h ic a g o G r e a t W e s te r n — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. ______ ______ ______ — ______ — ______ — 346A66 2,150,586 273,689 590,576 61,773 913,227 1.908,010 242,576 74,528 90 167.958 — 27,327 1,496 3 6l!086 3,945,755 4,515,691 1,955,118 22,076,038 22.586,248 358,492 3,479,535 3,374,248 426,228 5,296,335 4,694,344 59,861 702.873 717,287 846,401 9,387,844 9.564,706 1,758,336 19,624.092 19,166,897 196,782 2,451,946 3,419,351 81,736 880.382 816,692 228 2.717 1,525 114.818 1,568,847 2.601,134 — 66,208 — 19,299 1,149,275 1,496 1,496 1.496 B u ffa lo R o c h e s t e r & P it t s b u r g h C h a r le s t o n & W e s t e r n C a r o lin a C h ic a g o I n d ia n a p o lis & L o u is v ille — Month o f November— — Jan. 1 to N ov. 30— — Month o f November-------- Jan. 1 to N ov. 30— — Month o f November-------- Jan. 1 to Nov 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ $ $ $ 2,074,939 968,199 12,512,172 10,937,199 214,163 223,397 2,368,383 2,401,895 1,028,612 879,130 10,334,889 9,781,118 37,444 38,609 419,280 461.539 130,128 136,012 1,485,996 1,636,196 243.063 238.774 2,773,847 2.975,628 275,890 2,953,837 3,027,508 1,414,719 1,226,135 14,526.700 13,952,614 2,256,391 1,147,571 14,658,194 13,159,848 265,776 170,972 2,211,195 1,888,484 459,385 269,562 27,265 83,198 719,375 129,289 78,848 1,503.778 1,513.104 472,900 5,686,221 4,527,284 47,152 54.628 447,824 740,421 784,767 315,466 258,017 3,172,730 3,53,0474 199,036 211,611 19,474 6,046 6,108 73,341 20,715 70,383 30,645 29,779 353,639 337,725 480,890 5,946,529 5,761,783 106,056 1,214,728 1,441,194 111,974 812,025 522,468 447,514 5,474.889 5,429,715 1,929,382 1,182,799 14.502.327 12,851.722 256,184 2.268,618 3.048,903 1,045,411 198,515 863,165 11.035.001 11.363.429 308,126 327,009 — 35.228 155,867 685,219 67,261 19,706 — 21,395 369,308 362,970 3,491,699 2,589,185 350,000 15,000 345,000 10,000 121,000 110,000 11,000 66,813 62,455 702,778 674,701 5,121 63 11 1,519 30 41 963 514 12 33 1,034 847 — 43,393 311,946 — 35,239 — 194,254 9.676 563.256 — 131,909 56,220 302,483 300.482 2.787.887 1.913.637 244,834 578,551 333,932 68,848 45,677 — 9,348 473,641 — 231,446 189,017 213,049 1,628,307 1,023,005 589 589 589 589 342 342 342 342 654 657 654 656 C a r o lin a C lin c h fie ld & O h io C h e s a p e a k e & O h io L in e s C h ic a g o M ilw a u k e e & S t P a u l — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to N ov. 30— Incl. Chic. Terre Haute & Southeastern 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. — Month o f November—•— Jan. 1 to Nov. 30— s s S S S S S S 1922. 1921. 1922. 1921. 615,168 620,422 6,385,450 6,263,499 5,627,181 5,429,468 62,523,841 63,083.245 11,231,867 8.690,991 105704,679 96,866,990 38,267 38,286 434,210 481,485 815,648 823,537 9,627.568 10,879,024 1,890,837 1,858,460 22,059,024 24,913 971 665.930 670,005 6,959,605 6,889,058 6,801,070 6,602.125 75,999,770 78,174,054 14,549,839 11,808,316 142983,970 135417,984 82,894 71.999 826,492 903,874 797,700 946,442 9,422,405 11,256,495 1,554,866 1,153,368 18,573,204 16,892,959 118,521 142,124 1,453,313 1,610,930 2,075,087 1,656,610 20,490,329 18,627,621 3,261,519 3,604,440 33,042,808 32,771,793 22,214 241,184 246,085 22,741 81,789 74,076 862,287 728,621 189.025 168,613 2,053,724 1,914,191 166,309 1,810,520 1,935,243 195.671 2,648,076 2,431,640 27,581,471 29,533,310 6,162,081 5,333,092 59,999,285 61,203,007 438.324 419,696 4,539,613 4,923.161 5.797,391 5,268,777 60,398,810 62,155,311 11.537,144 10.659,717 117816,109 117816.069 227,606 250,309 2,419,992 1,965,987 1,008,679 1,333.348 15,600,960 16.018,743 3,012,695 1,148,599 25,167,861 17,601,915 415,000 50,000 505,000 60,000 267,500 239,355 2,942.500 2,537,455 793,354 740.733 8,860,846 8,141.236 29 779 2,197 814 17 10,249 10,998 0 7 .6 8 6 15,713 4,809 144.802 200,280 1,914.213 1,548,700 167,606 1,093.976 12,648.211 13.470.290 2,227.027 735.365 392 153 16,302.206 9.315,877 289,972 2,692,145 2,267,109 219,707 728.577 1,134,164 13,022,512 12,197,457 1,918,607 6,145 12,123,992 5,087,039 295 298 295 309 2,550 2,548 2,548 25,45 11,030 10,995 11,030 10,788 C e n tra l o f G e o rg ia C h ic a g o & A lt o n C h ic a g o P e o ria & S t L o u is — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November— -— Jan. 1 to Nov. 30— — Month o f November-------- Jan. 1 to Nov 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ $ S S $ $ $ $ S 8 & $ 1,561,739 1,207,311 14,409,569 13,643,339 1,888,098 1,888,478 17,040,492 20,599,868 158,073 144,728 1,610,754 1,537 018 412,320 387,797 4,607,589 5,040,496 457,277 486,022 5,468,695 6,290,417 14,945 22.321 194,860 272 524 2,165.549 1,744,525 21,078,853 20,579,686 2,575,120 2,546,952 24,711,937 28,575,703 180.937 177,699 1,928,579 1,916,058 248,546 2,743,340 3,321,446 280,481 304,293 400,560 3,422,173 4,116,641 25,239 36,336 3C6.461 340,375 384,863 371,545 3,959,046 4,451,371 . 882,154 783,888 7,110,781 7,748,444 37,100 49,059 393,249 552,168 63,526 61,036 714,133 707,591 56,602 52,184 604,535 573,432 3,787 4,692 47.547 51,282 744,470 7,964,362 9,139,135 795,335 972,367 924,814 10,175,778 11,154,411 98,855 106,225 1.123,586 1.146,137 1.605.064 1,508.521 16.263,236 18,564,012 2.289.484 2.225,439 22,072,187 24,324,020 206.911 1.985,760 2,217,486 175.264 236,004 4,815,617 2,015,674 560,485 285.636 321,513 2,639,750 4,251,683 5,673 — 29,212 — 57,181 — 301,428 128,416 81,935 1,099,941 853,576 76,000 97,963 930,523 829,165 10,900 13,281 108,791 116,724 5,406 19,405 1,551 19,918 115 146 2,305 5,241 4 108 53 148,663 3,696,271 430,518 1,142,180 209,521 223,404 ] ,808.280 3.31,4919 — 5.227 — 42.497 — 166.080 — 418.205 482,799 177,992 3,959,010 1,214,309 99.210 81,563 552,598 1.779,822 — 27,812 — 60,600 — 422,743 — 52] ,241 1,920 1,913 1,918 1,913 1,050 1,050 1,050 1,050 246 247 246 247 6 RAILW AY EARNINGS C h ic a g o R iv e r & In d ia n a E A R N IN G S . Freight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M aint.way Maint. of equipm’t . Traffic expenses1 Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ Includes Chicago Junction — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1 9 2i. 1922. 1921. 619,741 61,426 78.327 971 234,200 382,531 237,210 43,191 194,019 290,859 38 Uncollectible revenue. Net after taxes, &c. Aver, miles of r’d oper. 3,710,667 372,351 418,708 5,201 1,448,293 2,304,882 1,405,785 276,718 1,129,067 1,673,583 38 C h ic a g o R o c k Is la n d & G u lf EAR N IN G S. Freight re v e n u e .____ Passenger revenue___ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’ tTraffic expenses___ Transportatien exp. Tot .exp. ,incl. oth. Net from railroad____ Taxes . _ . ______ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles of r’d oper. — Month o f November— — Jan. 1 to 1921. 1922. 1922. S $ S 429,410 4,042,024 398,255 854,319 78,896 85,026 516,936 564,373 5,330,541 100.281 75,732 799,219 94,335 805,474 65,553 146,216 12,768 11,969 233,532 2,439,675 263,460 454,840 4,349,691 432,655 980,850 84,281 109,533 7,342 131,013 11,277 3,522 5,018 67 69,482 844,819 102,124 59,722 83,079 657,974 461 461 461 C h ic a g o E A R N IN G S. Freight revenue ___ Passenger revenue___ T o t., incl. other rev. Expenses— M aint. way Maint. of equipm't. Traffic expenses___ Transportation exp. Tot .exp. .incl.oth. Net from railroad-. . . T a x e s _____ . . . Uncollectible revenue. Net after taxes, &c_ Net after rents-----Aver, miles of r’d oper. R ock Is la n d — Month o f November— 1921. 1922. $ S 7,394,218 7,261,800 2,130,327 2,151,394 10,356,585 10,475,637 1,296,583 1,843,150 2,062,539 2,365,698 157,270 182,974 4,251,397 4,105,582 8,089.508 8,755,074 2,267,077 1,720,563 524,628 565,751 797 1,919 1,741,652 1,161,893 1,418.821 793.094 7,635 7,661 Nov. 30— 1921. 8 5,478,098 1,116,768 7,040,325 1,052,135 890,078 144,914 3,047,328 5,316,735 1,723,590 124,485 4,627 1,594,478 1,280,004 461 & P a c ific C u m b e rla n d V a lle y & M a rtin s b u rg 76,440,998 24,396,445 109198,522 13,647,855 22,835,744 1,953,340 45,899,460 87.443,298 21,755,224 5,875,849 14,921 15,864,454 12,606,115 7,656 S 86,868,412 27,143,015 122228,852 17,784,414 26,720,985 1,902,380 49,786,025 99,434,439 22,794,413 5,199,407 10,686 17,584,320 13,847,757 7,661 116. C o lo r a d o & S o u th e r n ( C o n c l u d e d ) D e t r o it & M a c k in a c — Month o f November— — Jan. 1 to N ov. 30— T rinity & Brazos Valley — Month o f November-------- Jan. 1 to N or. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ $ $ $ 187,395 430,091 2,239,985 2,725,492 121,461 131,899 1,284,215 1,365,361 20,862 21,467 232,595 218,443 25,682 30,851 319,698 371,476 215 658 464,646 2,567,808 3,040,332 164,747 172,815 1,745,472 1,846,970 66,430 32,486 567,925 582,477 27,489 22,345 284,078 289,550 43.824 46,065 523,112 44,192 473,783 41,146 545,307 501,913 2,962 2,898 35,711 2,202 32,323 1,727 23,901 25,834 78,386 138,423 923.513 1,159,651 60,132 68,085 647,142 766,977 149,199 263,374 2,121,454 2,406,790 139,331 139,019 1,562,305 1,655,394 66,459 201,272 446,354 633,542 25,416 33,796 183,167 191,576 7,000 127,041 7,200 77,000 77,852 110,210 7,784 11,000 205 5 671 1,045 2 418 50 59,254 194,067 368,683 554,645 17,630 22,796 72,539 64,485 31,981 — 31,942 284,340 62,970 145,143 22,896 19,344 65,331 368 368 368 368 385 385 385 380 W ichita Valley D e t r o it & T o le d o S h o re L in e — Month of November— — Jan. 1 to N ov. 30— — Month o f November— — Jan. 1 to N ov. 30— 1922. 1921. 1921. 1922. 1922. 1921. 1921. 1922. S 8 $ $ $ $ $ S 152,291 138,233 888,588 1,180,221 328,257 309,694 3,228,182 2,643,125 23,988 32,880 252,906 332,577 169,868 194,450 1,225,588 1,596,105 333,020 315,710 3,262,852 2,686,390 23,785 26,981 223,809 34,331 287,187 30.536 311,118 328,090 18,324 8,306 108,876 129,527 34,624 68,538 257,055 381,009 5 29 438 372 2,635 2,437 25,386 27,824 60,582 51,168 499,856 574,608 105,757 156,211 950,522 812,463 104,080 87,838 845,225 1,008.843 183,894 264,867 1,621,261 1,625,781 65,788 106,612 587,262 380,363 149,126 50,843 1,641,591 1,060,609 11,742 74,826 5,256 66,214 27,000 14,000 193,000 146,000 46 163 349 7 60 7 54,000 101,356 305,374 520,699 122,126 36,836 1,448,531 914,602 32,870 85,035 154,016 391,796 44,141 — 85,310 730,670 415,437 256 255 256 255 61 61 61 61 — Jan. 1 to Nov. 30— 1921. 1922. $ [V ol. N o w in c lu d e d in TJ -I • TV •■ » -1 r e n n sy i v a m a ivS»iirodQ D e t r o it T o le d o & I r o n t o n — Month o f November— — Jan. 1 to 1922. 1921. 1922. 8 $ S 747,265 682,209 7,992,745 10,251 10,292 115,115 775,081 704,971 8,242,863 180,807 165,438 1,733,564 220,088 98,340 2,023,416 7,225 6,831 67,084 324,576 270,877 3,036,818 750,605 560,366 7,079,480 24,476 144,605 1,163,383 12,564 16,624 138,817 331 4 1,051 11,581 127,977 1,023,515 — 138,117 29,254 — 306,924 454 454 454 Nov. 30— 1921. $ 5,841,655 149,185 6,116,289 1,307,161 982,041 79,115 2,272,154 4,852,784 1,263,505 142,320 1,733 1,119,452 374,562 454 D elaw are & H u d s o n & O m aha D u lu t h & I r o n R a n g e — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1921. 1922. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. $ 8 S S $ $ $ S $ * 17,976,853 17.844,510 3,435,867 3,182,310 27,842,454 36,261,314 290,385 58,001 5,941,709 4,187,925 257,170 3,489,903 3,745,580 237,216 5,540,520 6,347,471 20,353 16,301 184,011 240,527 25,425,179 25,941,370 3,856,931 3,626,202 34,289,235 41,983,269 354,869 93,767 6,671,911 4,876,007 358,697 460,567 4,804,039 4,695,597 3,356,472 3,357,051 79,657 57,071 1,063,794 992,048 118,668 4,597,878 5,303.757 1,190,901 1,126,731 10,373,675 11,568,889 72,449 1,179,945 1,025,841 44,346 41,212 483,214 454,199 369,261 813 377,204 1,070 12,976 12,932 154,655 11,409,111 12,507,976 1,599,889 1,338,191 14,335,421 16,267,185 100,572 1,865,169 1,788,819 375,207 20,614,084 22,521,078 3,366,468 3,122,091 32,097,723 34,930,738 245,493 4,321,346 4,032,470 490,463 504,111 2,191,512 7,052,531 4,811,095 3,420,292 — 20,338 — 151,726 2,350,565 843,537 85,690 79,500 942,590 874,500 15,019 1,470,053 1,508,996 10,415 467.128 315,529 7 2,304 10,666 15,868 2 11,724 15,169 392 195 402,469 424,604 1,238,256 6,162,163 — 35,359 — 162,141 1,883,045 3,329,318 1,896,127 527,813 396,404 515,758 1,141,777 6,923,032 — 28,118 — 153,378 1,910,254 3,106,654 1.511,239 531,738 887 880 887 880 278 1,749 1,749 276 280 276 C h ic a g o St P a u l M in n E A R N IN G S. Freight revenue---------Passenger revenue— T o t., incl. other rev. Expenses— M aint .way Maint. of equipm’t . Traffic expenses— Transpoitation exp. Tot .exp. ,incl. oth. Net from railroad-----Taxes . _ -------------Uncollectible revenue. Net after taxes, &c. Net after rents---------Aver, miles of r’d oper. — Month o f November— 1921. 1922. 8 S 1,636,638 1,598,273 460,048 480,751 2,278,352 2,247,142 344,606 330,677 479,879 444,467 34.465 34,380 1,053,997 1,064,805 1,988,035 1,952,412 290,317 294,730 129,647 132,589 373 689 160,297 161,452 220,445 126,342 1,749 1,749 C in c in n a ti In d ia n a p o lis & W est D ela w a re L a c k a w a n n a & W e ste rn E A R N IN G S. Freight revenue............ Passenger revenue___ T o t., incl. other rev. Expenses— Maint.way Maint. of equipm’tTraffic expenses___ Transportation exp. Tot .exp.,incl. oth. Taxes. . . . Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles of r’d oper. 27,656 — 6,423 347 — 8,887 — 28,522 321 C o lo r a d o & S o u th e r n S ystem E A R N IN G S. Freight revenue______ Passenger revenue___ T o t., incl. other rev. Maint. of equipm’ t . Traffic expenses___ Transportation exp. T ot. exp. .incl .oth. Net from railroad____ Uncollectible revenue. Net after taxes, &c_ Net after rents______ ver. miles of r’d oper. D u lu t h M issabe & N o r t h e r n N ov. 30—- — Month o f November— — Jan. 1 to N ov. 30— — Month o f November— 1922. 1921. 1921. 1922. 1921. 1922. 1921. 8 $ $ $ s 8 $ 975,077 2,580,567 5,001,662 5,438,948 46,897,702 58,913,383 89,811 22,038 632,710 1,094,108 1,083,173 12,837,926 13,406,247 40,365 3,395,038 6,866,909 7,192,455 68,112,454 79,623,440 1,126,291 153,404 526,131 507,813 7,393,929 9,085,611 128,354 102,596 691,266 169,681 1,074,4241 2,147,468 1,478,436 16,789,659 17,633,388 117,695 112,052 115,086 1,256,601 1,206,489 3,285 126,915 3,243 324,126. 150,091 1,689,096 3,127,135 2,706,869 30,227,393 32,270,033 646,454 394,035 3,845,763 6,117,057 5,007,091 57,974,400 62,664,354 749,852 2,185,364 10,138,054 16,959,086 479,837 —240.631 — 450,725 455,782 4,536,445 4,335,975 411,495 502,578 146,906 100,639 2,910 346 8,311 11,550 59| 335,447 1,729,236 5,593,298 12,611,561 982,415 —541,270 347,166 — 597,690 481,629 1,731,288 6,339,892 13,070,433 979,463 —341,522 58,933 — 727,711 994 994 994 994 304 347 321 306 — Month o f November— — Jan. 1 to 1921. 1922. 1922. $ 8 S 353,737 268,680 3,226,028 39,369 48,603 497,787 418,633 336,745 3,957,191 48,742 45,729 499,249 112,824 96,436 868,739 10,520 10,537 120,477 178,771 161,600 1,701,552 372,642 338,432 3,430,013 45,991 — 1,687 527,178 180,012 18,335 7.200 D en v er & R io G ra n d e — Month o f November— Colorado & Southern 1921. 1922. — Month o f November— — Jan. 1 to Nov. 30— $ $ 1921. 1921. 1922. 1922. 849,616 979,916 9,146,890 9,122,704 2,400,913 2,178,374 410,247 407,315 165,908 1,869,004 2,235,552 147,483 1,131,997 1,226,651 11,951,036 12,199,990 3,101,986 2,828,226 629,847 463,471 178,426 182,989 1,808,938 1,811.533 988,571 706,754 230,587 2,704,433 2,664,008: 336,900 43,924 43,465 11,214 10,748 145,129 134,006 977,983 496.222 392,450 4,552,916 4,302,701) 1,219,091 1,087,601 864,471 9,794,446 9,547,285 2,839,699 2,482,220 262,287 346,006 44,396 362,180 2,156,590 2,652,705 120,000 175,000 59,286 57,839 729,244 761,928 169 181 119 187 3,478 l,954i 170,837 142,106 — 15,009 304,154 1,423,868 1,888,823 156,778 152,208 — 52,107 286,886 1,039,775 1,869,401 2,593 2,593 1,099 1,099 1,099 1,099 — Jan. 1 to N ov. 30— 1922. 1921. S $ 13,199,955 10,597,477 392,513 550,308 14,813,541 12,239,439 1,781,243 1,906.129 1,658,033 1,809,659 34,913 35,544 3,298,423 2,840,806 7,009,324 6,857,317 7,804,217 5,382,122 799,848 1,266,476 21 1 7,004,348 4,115,645 6,971,322 4,075,399 306 305 D u lu t h S o u t h S h o re & A t la n tic — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to 1922. 1921. 1922. 1921. 1922. $ $ $ $ $ 22,658,637 22,451,847 290,082 232,713 2,697,324 5,169,163 5,623,454 94,631 82,847 975,979 30,320,175 30,246,118 416,752 363,081 4,086,420 4,674,968 6,090,650 49,434 50,080 695,226 6,626,431 7,284,703 74,768 60,811 618,747 495,016 5,433 458,554 5,876 71,878 .10,376,707 10,406,129 196,448 200,037 2,057,511 23,623,746 25,736,428 342,269 335,320 3,623,664 6,696,429 4,509,690 74,483 27,761 462,756 1,721,175 1.669,346 33,000 27,000 351,000 7,621 5 4,446 10 302 4,967,633 2,835,898 41,478 751 111,454 5,277,790 3,224,779 41,595 — 15,156 69,685 2,593 591 2,591 591 591 Nov. 30— 1921. 8 2,677,288 1,069,665 4,172,483 832,426 898,918 73,928 2,229,084 4,243,832 — 71,349 318,688 443 — 390,480 — 520,314 591 D en v er & S a lt L ake Fort W orth & Denver City D u lu t h W in n ip e g & P a c ific — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to N ov. 30— — Month o f November— — Jan. 1 to N ov. 30— 1921. 1922. 1922. 1921. 1922. 1921. 1921. 1922. 1921. 1922. 1922. 1921. $ $ $ $ $ 8 $ $ $ $ $ $ 271,126 1,116,289 2,242,103 202,840 140,533 774,812 6,179,529 7,455,109' 147,618 1,525,731 1,777,767 720,395 20,931 16,578 193,708 348,847 23,839 184,001 211,749 2,075,840 2,513,832 26,944 227,726 Passenger revenue___ 328,315 228,532 307,485 1,407,510 2,730,866 168,823 180,919 1,811,530 2,169,652 955,070 1,035,401 8,803,826 10,506,917 T o t., incl. other rev. 52,328 481,032 38,319 41,424 104,256 784,754 1,068,424 653,345 94,908 367,710 102,331 538,380 80,372 67,647 412,972 28,851 770,056 277,058 168,980 1,876,662 1,895,026 38,634 436,079 Maint. of equipm’t . 468,051 902 1,246 10,687 3,612 11,296 125,271 125,936 12,245 44,942 10,473 4,553 Traffic expenses. . 60,122 101,136 73,327 488,874 1,124,135 82,215 299,396 303,940 2,829,406 3,301,268 76,764 807,035 1,061,335 Transportation exp. 241,917 1,458,973 2,634,807 185,995 160,676 218,865 1,716,784 2,239,652 728,852 627,028 6,060,641 6,848,970 Tot.exp..Incl.oth. 65,568 — 51,463 42,537 8,147 96,059 — 37,946 226,218 94,746 408,373 2.743,185 3,657,947 — 70,000 Net from railroad____ 9,000 10,000 99,000 8,445 32,951 486,061 93,000 9,049 50,946 366,374 99,518 114,910 07 Cr5 45 852 206 100 2,684 164 34 66 Uncollectible revenue 55,573 — 150,508 33,544 — 298 175,108 375,322 2,256,272 3,288,889 2,853 — 46,995 — 4,806 — 184,976 Net after taxes, &c. 45,970 — 122,555 — 2,999 37,663 376,521 2,137,284 3,287,755 — 13,354 — 49,769 164,794 — 36,359 — 209,410 255 255 255 178 255 178 456 454 456 454 178 178 Aver, miles of r’d oper. 1 E A R N IN G S. J a n ., 1923.] E a st S t L o u is C o n n e c t in g E A R N IN G S. 7 RAILW AY EARNINGS — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. $ $ $ $ Passenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t.. Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. Net from railroad____ Taxes______________ Uncollectible revenue. Net after taxes, &c. Net after rents------ . Aver, miles of r’d oper. 195,878 4,780 25,222 293 63,211 96,766 99,112 8,071 121,566 11,747 7,261 329 58,802 81,499 40,067 2.655 91,041 81,782 1 37,412 28.387 3 1,893,854 138,124 100,053 3,342 628,359 898,909 994,945 112,869 64 882,012 785,393 1 1,481.911 206,750 69.710 3,821 690,014 1 007,837 474,074 31,207 12 442,855 323,059 3 E lg in J o lie t & E a stern Nov. 30— — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1921. $ 1,104,494 1,029,523 12,193,380 10,686,263 1,219.024 199,283 149,858 1,841,204 2,087,430 285,167 1,393,324 1,246,186 14,898,780 13,417,702 1,637,257 118,276 1,498,465 2,061,132 395,852 138,768 264,634 279,347 3,212,167 2,917,221 373,722 358,239 299,531 31,793 56.112 25,896 567,931 6.032,825 6,150,113 •657,103 571,853 1,582,463 1,056,237 1,055,478 11,680,559 12,213,957 190,708 3,238,221 2,203,745 54,794 337,087 600,166 769.886 62,930 60.000 77,206 1.293 82 100 796 143 602,286 — 6,002 127,678 2,468,253 259,738 102,462 — 33,623 599,455— 1,016,451 — 73,919 347 347 347 347 253 E A R N IN G S. Passenger revenue___ Transportation exp. Tot.exp.,incl.oth. Uncollectible revenue. Net after taxes, &c. Aver, miles of r’d oper. E A R N IN G S. Freight reven ue_____ Passenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses. . Transportation exp. T o t.exp., incl. oth Net from railroad____ Taxes_________________ Uncollectible revenue. Net after taxes, & c. Net after rents . . . Aver, miles of r’d oper. F lo r id a E ast C oa st E A R N IN G S. Passenger revenue___ p - T o t., incl. other rev !* E xpenses— M ain t .way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot. exp., incl. oth Net from railroad___ Taxes. ____________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles of r’d oper — Month o f November— — Jan. 1 to N ov. 30— 1921. 1922. 1921 1922. $ S $ $ 602,218 7,277,408 7,098,806 625,551 259,736 3,422,819 3.695,561 264,377 960,836 12,152,657 12,337.720 1,005,217 299,108 1,989,150 2,778,690 175,823 197,937 2,223,762 2,399,843 216,087 145,038 9,665 142,065 9,360 330,316 3,823,966 4,570,269 352,189 866,112 8,585.187 10,293,325 788,110 94,724 3,567,470 2,044,395 217,107 723,402 48,276 693,145 74,617 183 5,285 925 411 46,265 2,838,783 1,350,325 142,079 13,533 2,353.768 919,062 109,446 764 764 764 1 764 G reat N orth ern G a lv e s to n W h a r f — Month o f November— — Jan. 1 to Nov. 30— — Month o f November-------- Jan. 1 to Nov. 30— 1921. 1922. 1921. 1922. 1922. 1921. 1922. 1921. E A R N IN G S. $ $ $ $ s S 1,989,609 1,437,793 17,295,119 16,134,031 59 113 ______ 7 188,154 1,462,445 2,471.663 167,060 2,182,032 1.556.952 19,322,228 17.743,921 514,554 632,927 150,274 34,842 143.131 1,639,788 2,160,904 154.973 51.002 4,239 40,088 3,685 579,294 303,315 3,868,872 3,978,819 8,579 8,155 818 133,728 611 133,494 11,529 12.796 510,810 338,728 63,524 36,517 652,214 477,064 6,164,635 5,941,393 245,419 1,122,372 1,539.734 91,352 964,971 12,186,363 12,628,380 Tot .exp. ,incl .oth. 1,432.240 931,929 340,073 — 57.265 75,708 749,792 591.981 7.135,865 5,115,541 190,000 181,000 20,000 971,523 15,800 965,828 88,334 129,386 2,717 4,854 2,619 354 78 739,212 154,219 — 79.884 59,830 6,171,037 4,143,664 462,595 661,458 737,644 156,520 — 83,037 60,136 544.286 338.984 4,822,000 2,815,304 13 13 456 13 459 13 456 459 Aver; miles of r’d oper. G e o rg ia El P a so & S o u th w e s te r n — Month o f November— — Jan. 1 to$Nov. 30— ; — Month of November— — Jan. 1 to N ov. 30— 1921. 1922. 1921. 1921. 1921. 1922. 1922. 1922. EA R N IN G S. S S S $ $ S S $ 267,519 3,283,474 3,283.178 372,142 751,907 549,137 7,852,827 7,397,292 102,186 1,088.517 1,221,164 96,979 157,403 154,385 1,725,349 2,098,608 Passenger revenue___ 400,738 4,725,349 4,839,106 499.189 962,383 773,092 10,219,646 10,123,057 458,252 530,063 41.435 119,486 1,706,594 1.770,280 46,688 149,220 835,056 1,095,884 82,271 195,936 1,689,115 2,095,339 97,188 207,466 217,130 219.032 19,753 317,482 301.33l| 24,285 20,001 34,778 243,173 2,695,672 3,078,95l| 226,108 2,227,592 2,583,638 215,088 279,528 Transportation exp. 388,881 3.953,022 4,650,631 724,564 673,895 7,027,439 7,895,856 398,259 Tot.exp.,incl.oth. 772.327 188,475 11,857 100,930 237.819 99,197 3,192,207 2.227,201 65,499 77.220 5.950 957,382 985,791 70,987 7,020 47,502 280 5.611 2,612 4 835 159 1 Uncollectible revenue. 122.696 689,496 5,903 28,209 2,233,990 1,238,798 190,317 93.751 Net after taxes, &c. 162,854 11,342 683.071 73,814 225,033 36,460 2,078,087 1,020,719 328 1,139 1,027 328 328 1,027 328 1,139 Aver, miles of r’d oper. E rie S ystem G e o rg ia & F lo r id a Erie —-Month o f November— — Jan. 1 to N ov. 30—1921. 1922. 1921. — Month o f November— -—Jan. 1 to N ov. 30— 1922. E A R N IN G S. S 1921. $ 1921. 1922. 1922. $ $ 983,122 80,522 1,004,563 8,093,442 6,996,779 66.318,417 76,029,635 104,535 188,297 147,811 14,024 14,305 971,397 1,042,059 12,034,796 13 101 661 Passenger revenue___ 103,513 1,237.648 1,273,992 126,065 9,714,735 8,520,387 85,303.149 95,815,443 296,134 21,982 188,607 976,257 841,448 1 0 , . 7 4 8 11,258,124 18,881 211,340 182,182 16,186 16,116 3,121,292 2,429,645 27,601,113 27.585.286 86,484 89,866 7,665 123,0S0 1,479,742 1,429 102 8,260 123,498 634,908 484,227 49,895 46,925 Transportation exp. 4.102,104 3,930.377 39,182,362 42,464.776 102,115 1,018,509 1,315,618 97,540 Tot .exp. ,incl. oth. 8,616,996 7,629,936 81,936,135 86,504.957 — 41,626 219,139 890,451 3,367,014 9.310,486 1,398 1,097,739 28,525 85,942 68,725 7,757 377,010 196,477 3,214,675 3,129,152 6,200 849 875 46,086 39,715 74 8,834 34 5.588 Uncollectible revenue. — 128,443 106.253 6,141,619 149,565 — 6,433 715,141 685,140 22,291 Net after taxes, &c. 1,366,460 6,830,399 81,734 — 211,863 — 15,100 716,341 746,891 17,877 2,039 1,989 405 405 2,039 1,989 405 405 Aver, miles of r’d oper. Chicago & Erie — Month o f Novem, er— — Jan. 1 to Nov. 30— 1921. 1922. 192° 1922. $1. $ $ $ 924,866 9,086.172 8,675,984 1,064,217 648,237 768,306 53,293 52,633 1.169,303 1,023,958 10.434,642 10,046,176 173,437 1,270,829 1,421,947 145,888 189,982 162,809 1,797,637 1,714,151 211,700 211,387 17,268 16,420 459.284 513,788 4.507,319 5,564,405 899,043 8.158,695 9,352,337 844.112 693,839 124,915 2,275,947 325,181 553,204 510,550 73,000 35,000 234 117 27 183,172 290,154 51,915 1,722,509 — 39,185 — 312,399— 1,465,199— 2.721.702 269 269 269 269 New Jersey & New York — Month o f November— — Jan. 1 to Nov. 30— 1921. 1922. 1921. 1922. $ $ S $ 213,499 20,891 211,747 22,797 95.183 1.104,384 1,114,468 95,524 123,693 119,528 1,372,935 1,367,299 181,802 180,521 13,026 15,167 17,054 251,779 208,118 22,643 13,712 17,017 182 1,157 755,030 69.929 764,837 67.280 108,373 104-290 1,248,078 1,193,147 174,152 15.238 124,857 15,320 32,084 2,917 31,771 2,400 253 125 12,321 92.833 141,943 12,920 — 13,562 — 194,032 — 157,357 — 14,664 47 45 47 45 G r a n d T r u n k W e s te rn F o r t S m ith & W e s te rn — Month o f November— —Jan. 1 to 1922. 1922. 1921. $ S $ 138,473 115,695 1,155,634 264,411 28,196 25,698 150,798 1,527,346 178,640 294,310 30,320 26.691 267,056 27,686 27,415 52,456 5,015 4,623 523,219 51,884 54,182 119,207 1,220,438 123,996 306,90S' 31,591 54,644 63,800 7,000 5,800 1,612 19 10 241,496 24,572 48,834 40,433 17,235 148,728 249 253 249 — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. s S s s 8,340,383 8,660,094 71,849,302 69,188,036 1,289,352 1,224,081 13,760,121 15,282,073 10,503,818 10,674,119 94,919,372 93,641,723 817,528 12,327,506 2,999,026 957,594 1,730,968 1,797,257 18,184,478 .9,447,541 123,934 114,979 1,492,869 1,468,467 4,131,477 3,763,660 38,058,654 37,458,344 7.207,681 6,779,125 72,880,408 74,557,603 3,296,137 3,849,994 22,038,964 .9,084,120 548,420 7,516,730 7,784,860 694,280 35,002 14,696 649 3,615 2,601,208 3,342,959 14,507,565 11,264,258 3,005,742 3,410,066 15,811,311 11,610,475 8,163 8,261 8,161 8,255 G reen B ay & W e s te rn — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. S 8 $ $ 86,563 984,951 1,002,040 86,703 189,583 15,570 164,291 11,135 110,101 1,242,845 1,285,700 106,600 238,664 236,685 23,040 18,261 277,700 30,701 198,517 27,317 20,173 26,993 2,571 •2,493 472,842 479,753 40,791 44,320 970,653 1,042,661 85,542 99,917 243,039 24,559 272,193 6,683 88,000 81,428 8,000 7,500 311 161,611 183,882 17,059 — 1,317 134,382 151,123 15,182 4,331 252 262 252 262 G u lf & S h ip Is la n d — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. S $ $ $ 167,955 2,098,302 1,956,129 183,478 482,397 35,962 426,812 34,464 233,043 219,556 2,698,026 2,623,039 479,707 48,579 494,749 45,277 497,784 40,504 398,657 28,512 83,820 70,670 6,640 6,586 966,363 81,032 79,402 838,546 167,195 1,946,841 2,162.608 173.325 751,185 32,361 460,431 59,718 209,948 9,892 23,996 219,193 1.297 22 333 333 539.940 240,905 35,389 22,447 508,836 216,002 11,845 44,617 307 307 307 307 G ra n d T r u n k System G u lf M ob ile & N o r th e r n A tlantic & St. Lawrence RR. — Month of November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. — Month o f November— -— Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. $ 1922. $ $ 8 216,740 187,432 1,900,951 1,870,676 288,491 3,566,574 3,124,751 383,913 475,521 34,210 420,781 370,732 446,897 29,703 34,987 34,282 237,411 2,538,469 2,521,404 340,142 4,108,480 3,749,332 281,393 434,311 792,621 652,712 654,192 57,693 57,160 600,894 56,862 27,477 376,967 449,416 682,443 741,647 34,615 50,148 35,968 71,206 36,864 142,620 3,511 54,795 4,157 14,084 155,751 13,368 139,736 1,366,094 1.475,225 155,648 164,722 134,856 1,422,012 1,664,032 259,159 2.604,662 2,972,632 239,723 269,049 3,019,886 3,362.224 319,877 387,108 — 66,193 — 451,228 71,093 1,088,594 — 21,748 114,434 41,670 193,522 175,064 262,430 215,740 13,440 36,534 22,050 9,900 59 201 53 1,405 27 31 12 824,759 171,167 49,012 31,770 — 35,215 — 241,310 — 644,809 77,888 79,347 701,167 — 77,272 — 904,832--1 ,285,010 38,921 — 27,515 74,432 166 166 166 436 455 166 436 436 Chicago D etroit & Canada Gr. T runk Jet. H o c k in g V a lle y — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1921. 1922. 1922. 1921. 1922. $ $ $ S $ $ $ $ 135,614 1,795,930 1,547,828 200,786 1,185,364 975,487 10,516,219 11,214,181 11,634 94,067 151,208 9,094 88,799 971,130 1,171,440 89,394 ' 245,884 151,897 2,083,311 1,795,969 1,383,658 1,142,583 12,558,373 13,222.248 193,783 154,889 22,807 92,227 1,271,753 1,584,408 13,511 139,687 140,022 235,505 12,898 29,457 241,936 3,669,763 4,238.549 592,348 3,493 28,751 3,162 37,612 128,233 121,185 10,598 11,117 724,692 774,677 86,831 68,225 414,033 4,275,887 4,637,430 459,452 146,673 1,095,879 1,284,668 101,114 1,233,907 791,945 9,675,165 10,965,462 511,301 144,770 5,224 987,432 350,638 2,883,208 2,256,786 149,751 13,308 7,231 116,006 60,849 871,747 63,875 972,796 85,213 052 160 334 7 27 1,300 31 447,092 131,455 — 2,007 871,266 289,762 1,909,112 1,385,091 64,507 223,010 114,050 — 25,475 677,231 367,280 2,008,887 1,196,637 71,649 350 59 59 59 59 350 348 348 D etroit Grand Haven & Milwaukee I llin o is C e n tra l — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to N ov. 30— 1921. 1922. 1921. 1921. 1922. 1921. 1922. 1922. s > $ S $ $ $ $ 8 439,886 387,541 4,188,212 3,429,414 11,501,276 8,538,153 108903,495 98,849,012 41,658 ,, 401,700 487,050 2,002,070 1,845,953 21,758,929 22,651,031 36,958 529,223 452,220 4,957,147 4,161,915 14,421,551 11,124,067 140444,576 130040,639 54,662 54,007 350,467 437,485 2,116,770 1,984,036 18,698,579 20,698,760 77,919 48,615 529,179 715,498 4,067,997 3,159,802 33,133,355 31,390,860 7,926 11,124 92,939 108,200 208,119 150,745 2,087,438 1,726,201 232,101 222,206 2,374,852 2,281,024 5,121,835 4,143,551 50,718,206 49,134,463 358,358 382,114 3,726,530 3,944,437 11,843,060 9,787,810 108431,669 106997,229 70,106 1,230,617 170,865 217,478 2.578,491 1,336,257 32,012,907 23,043,410 3,692 7,070 641,594 10,239,731 7,803,858 57,508 56,823 891,460 265 2 13,121 447 8,159 935 6,932 645 166,910 63,034 1,172,662 152,496 1,686,386 693,728 21,760.055 15,232,620 99,784 — 10,551 761,181 22,202,780 16,455,579 480,511 — 474,196 1,689,493 4,784 139 189 4,799 189 189 4,784 4,799 8 E A R N IN G S. Freigb t reveD ae______ Passenger revenue___ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’ tTraffic expenses - . Transportation exp. Tot.exp.,incl.oth. Net from railroad___ Taxes_________ _ Uncollectible revenue. Net after taxes, &c_ Net after r e n ts -----Aver, miles of r’d oper. RAILW AY EARNINGS I n t e r n a t io n a l & Grea,t N o r th e r n — Month o f November— — Jan. 1 to Nov. 30— • — 1922. 1921. 1921. 1922. $ $ $ $ 1,035,862 793,919 9,770,457 12,331,168 198,915 202,140 2,256,109 2,740,301 1,359,020 1,136,432 13,375,887 16,447,636 276,819 268,678 2,068,952 2,694,832 298,093 241,979 2,472,553 3,322,823 26,701 26,546 292,923 288,511 569,044 534,054 5,722,335 8,203,917 1,219,006 1,119,522 11,128,859 15,156.380 140,114 16,910 2,247,028 1,291,256 32,500 38,575 359,352 405,374 270 14,161 4,143 19,933 102,244 — 26,308 1,873,515 869,949 40,931 — 93,303 1,228,654 — 307,695 1,159 1,159 1,159 1,159 [V ol. 116. L o u is ia n a & A rk a n sa s L ake S u p e rio r & Is h p e m in g Month o f November— — Jan. 1 to N ov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1922. 1921. 1921. 1922. 1921. 1922. 1922. 1921. 8 8 $ 8 $ 8 S S 242,698 249,209 2,547,448 2,673,721 38,932 21,680 894,770 333,327 32,328 31,318 357,322 372,361 71 89 723 1,923 282,697 289,952 2,989,881 3,134,552 45,279 25,828 1,065,616 404,356 42,024 61,943 ‘ 579,960 590,321 14,676 13,080 222,100 187,366 44,358 45,474 432,021 712,042 12,292 9,153 111,256 165,783 7,265 7,494 83,858 71,187 217 237 2,488 2,806 79,595 17,632 79,276 916,849 1,050,318 11,267 238,332 130,325 182,922 201,435 2,100,293 2,512,046 47,553 36,107 603,045 519,217 99,775“ 88,517 889,588 622,506 — 2,274 — 10,279 462,571 — 114,861 22,002 31,987 240,528 200,690 5,486 5,359 61,758 59,904 38 972 113 774 77,735 56,417 — 7,760 648,286 420,844 — 15,638 400,813 — 174,765 81,779 54,214 641,738 344,684 — 4,661 — 15,310 417,173 ^ lO O .e s s 302 302 302 302 33 33 33 33 L o u is ia n a R a ilw a y & N av C o L a k e T e rm in a l Nov. 30— • — Month o f November— — Jan. 1 to N ov. 30— — Month o f November— — Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1921. 1922. 1921. $ * $ 8 $ * $ $ $ 319,172 230,499 2,750,487 3,051,905 1,838,302 35,758 32,897 348,300 378,273 476,866 380,058 82,445 272.918 3,269,840 3,615,415 90,500 2,498,165 961,931 1,109,901 66,497 13,112 61,587 7,800 689,519 725,758 509,180 107,797 147,973 85,492 47,401 523,471 475,929 19,533 14,812 503,847 110,352 194,673 10,532 9,393 112,962 113,379 41,941 134,116 52,877 116,328 1,256,165 1,398,635 34,944 1,279,091 497,586 593.533 307,222 245,907 2,704,815 2,847,131 87,149 57,564 733.900 2,377,786 937,587 72,836 27,011 — 4,704 32,936 565,025 768,284 228,031 120,379 172,314 26,000 16,000 4,140 185,991 8,725 175,885 177,000 58,817 68,160 50 103 2,909 1,202 28 46,786 — 8,844 24,211 10,908 376,125 73,218 591,197 — 56,621 169,186 104,154 — 10,449 8,541 — 15,962 77,677 307,461 — 26,277 — 180,612 37,594 241,659 152,362 343 13 13 343 343 343 233 13 233 13 I n t e r n a t io n a l R y C o o f Me. E A R N IN G S. Passenger revenue___ T o t., incl. other rev. Expenses— Maint .way Maint. of equipm't. Traffic expenses.. Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ Taxes _ ______ . . . . Uncollectible revenue. Net after taxes, &c_ Net after rents. . Aver, miles of r’d oper. — Month o f November— — Jan. 1 to 1921. 1922. 1922. * 8 8 162,975 144,651 1,798,991 27,256 25,876 357,766 206,950 188,121 2,329,524 24,139 40,626 375,558 41,928 46,251 466,273 4,745 4,031 48,463 113,801 104,997 1,154,837 188,313 200,238 2,086,306 18,637 — 12,117 243,218 10,000 27,000 170,000 8,637 4,488 233 — 39,117 45,336 233 K a n s a s C ity M exico E A R N IN G S. Freight re v e n u e .____ Passenger revenue___ T ot., incl. other rev. Expenses— Maint. way Maint. of equipm’ t . Traffic expenses___ Transportation exp. Tot.exp.,In ci.oth. Net from railroad____ Uncollectible revenue. Net after taxes. &o. Aver, miles of r’d oper. E A R N IN G S. Passenger revenue___ T ot., Incl. other rev. Expenses— M ain*. way Maint. of equipm’t . Transportation exp. Tot .exp., incl. oih. Net from railroad . . Uncollectible revenue. > Net after taxes, &c Aver. miles of r’d oper. & L e h ig h & H u d s o n R iver O rie n t R R — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to 1921. 1922. 1921. 1922. 1922 1921. 1922. S * * 8 $ S 8 111,571 212,913 267,971 2,043,066 116,165 1,037,348 1,422,811 3,202 12,900 3.588 7,913 108,562 42,360 153,065 227,110 281,083 2,201,571 126,436 138,363 1,235,784 1,674,867 26,436 28,202 34,480 22,160 295,657 274,025 345,862 37,596 22,870 35,028 47,944 401,572 257,548 491,978 1,282 4,898 5,128 1,303 52,096 15,955 60,465 98,037 61,692 75,315 96,218 989,119 677,516 800,733 171,340 187,461 1,787,993 130,580 141,608 1,326,046 1,840,171 55,770 93,622 — 3,245 — 90,262 — 164,304 — 4,144 413,578 12,000 8.320 12,151 8,040 89,662 145,401 88,442, 24 50 30 43,770 81,471 — 12,488 — 11,285 — 179,974 — 252,776 268,177 37,242 — 10,468 — 2,915 — 183,506 — 216,659 59,786 96,205 96 272 96 272 272 272 96 K a n s C ity M ex & Or R y o f T exas — Month o f November— — Jan. 1 to Nov. 30— 1922, 1931. 1922. 1921. S $ 8 $ 158,226 185,841 1,197,932 1,747 180 12,720 18,371 124,395 200,342 211,145 1,404,659 2,034,346 178,554 17,303 18,405 257,631 443,749 26,028 41,347 321,484 565,469 4,992 5,470 52,017 59,311 89,172 91,024 808,097 1.100,684 143,526 164,486 1,509,478 2,294,057 35,028 46.659 — 104,819 — 259,711 6,000 6,150 65,987 67,650 706 1,591 25 28,322 40,509 — 172,397 — 327,386 20,696 — 335,416 -— 524,600 11,331 465 465 465 465 L o u is v ille & N a sh v ille Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1922. 1921. 1921. 1922. 1921. 8 8 $ 8 $ 2,833,507 7,439,945 7,581,680 83,110,038 80,775,662 46,396 1,910,653 1,641,750 20,561,675 21,324,009 2,986,371 10,012,472 9,763,106 110769,621 108744,004 1,347,271 1,567,462 15,582,054 17,173,628 344,732 511,323 2,295,459 2,592,526 27,543,787 30,949,068 193,916 193,703 2,317,974 2,259,666 19,437 1,224,166 4,202,861 3,847,493 42,546,236 47,142,822 2,183,232 8,300,496 8,459,587 90,943,469 100524,836 803,139 1,711,976 1,303,519 19,826,152 8,219,168 402,770 269,301 4,292,715 3,171,691 133,661 457 318 11,214 27,202 3 1,308,749 1,033.900 15,522,223 5,020,275 669,475 1,335,111 1,061,041 16,267,595 4,200,814 426,181 5,038 5,037 5,038 5,040 96 L o u is v ille H e n d e r s o n & S t L o u is ______ _____ _ ______ _____ - ___ ____- ______ _____ __ ___ _ ______ ______ ■■ ■■ ____ — — Month o f November— — Jan. 1 to 1922. 1921. 1922. * 8 $ 179,458 136,. 16 2,102,949 62,004 55,807 653,731 256,742 216,533 2,980,217 56,933 59,023 596,857 63,964 37,872 391,105 6,484 6,067 68,464 92,713 74,607 1,014,310 228,063 185,470 2,161,101 28,679 31,063 819,116 47,431 12,625 190,702 2 1 58 — 18,754 18,437 628,356 — 38,539 6,623 459,110 199 199 199 K a n sa s C ity S o u th e r n S ystem E A R N IN G S . Passenger revenue___ Transportation exp. Tot.exp.,Incl. oth. Uncollectible revenue. Net after taxes, &c. Aver, miles of r’d oper. E A R N IN G S. Passenger revenue___ Transportation exp. Tot.exp.,Incl.oth. Uncollectible revenue. Net after taxes, &c_ Aver, miles of r’d oper. M ain e C e n tr a l L e h ig h & N ew E n g la n d — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to K ansas City Southern 1922. 1921. 1922. 1921. — Month o f November— — Jan. 1 to Nov. 30— 1922. 1922. 1921. S 8 1921. 8 8 1922. 1922. 1921. $ $ 8 603,252 1,338,460 1,197,749 13,156,745 14,782,633 405,047 3,949,342 4,308,396 1,321,515 1,225,936 13.108,642 327,479 156,542 341,458 4.211,643 159,894 1,827,810 2,102,173 2,003 1,949 20,927 23.235 612,100 416,775 4,049,604 4,497,980 1,783,048 1,670,607 18,750,207 1,631,233 1,511,837 16,473,406 18,189,365 232,604 376,658 2,968,859 44,083 61,171 286,004 2,148.216 2,540,148 592,478 211,494 671,502 362,475 365,089 3,474,437 79,434 119,312 404,107 288,041 3,456,767 3,259,993 997,803 1,065,669 12,515 10,926 4,825 36,753 37,607 5,650 150,624 99,255 399,965 420,665 68,580 828,606 765.368 8,321,245 557,489 515,620 5,866,229 6,347,847 196,931 137,217 1,456,850 1,487,977 338,827 338,222 3,318,952 3,471,765 1,490,705 1,568,580 15,470,809 1,271.523 1,192,419 12,598,799 13,345,224 292,343 102,027 3,279,398 273,273 359,710 319,418 3,874,607 4,844,141 78,553 730,652 1,026,215 148,111 104,640 1,092,931 48,738 98,056 1,081,096 22,070 106,545 899,638 180,283 204,367 188 360 600 146 4,559 1,848 4,638 144,044 224,535 — 2,973 2,184,619 56,483 252,565 221.216 2,788,952 3,939,865 550,369 821,848 222,379 — 35,693 2,253,074 187,017 73,065 215.860 2,499,363 3,751,475 182,201 578,046 930,226 1,194 1,194 235 237 767 767 1,194 767 767 i 236 237 Texarkana & Fort Sm ith M id la n d V a lle y L e h ig h V a lle y — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to 1922. 1921. 1922. 1921. 1921. 1922. 1922. 1921. 1922. 1922. 1921. S $ $ 8 $ $ $ 8 $ 8 1 $ 334,808 262,911 3,302,829 167,209 141,248 1,611,941 1,672,895 4,654,222 5,390,642 46,177,891 57,989,341 72,125 528,798 73,603 548,235 6,420,915 7,157,472 780,942 13,587 13,714 157,158 187,002 426,587 362,296 4,272,069 197,595 167,231 1,934,159 2,026,960 5,602,080 6,335,863 56,924,124 69,685,510 173,720 558,394 55,695 Cr. 2,280 193,987 446,156 6,652,015 7,438,850 15,644 196,356 812,133 45,000 1,748,455 1,827,864 17,896,115 23,651,061 52,772 25,539 223,461 238,721 25,865 493,871 5,653 99,395 102,855 1,144,168 1,116,641 4,516 4,654 57,868 5,766 55,659 54,926 142,459 118,519 1,297,140 55,280 557,787 52,586 681,960 2,708,626 2,494,999 26,698,806 28,808,203 381,651 5,258,907 5,028,198 54,031,026 62,847,059 245,020 2,811,735 91,572 1,126,303 1,276,881 108,209 44,936 343,173 1,307,665 2,893,098 6,838,451 117,276 1,460,334 75,659 807,856 750,079 89.386 16,740 156,000 1,944,825 1,888,217 171,043 43,161 7,665 10,872 117,164 164,141 81,953 102 5,402 440 Cr. 7,655 42 22 671 573 240 1,550 6,346 28,094 690,021 166,728 1,151,225 73,542 1,294,643 78,472 67,972 667,886 955,928 4,943,888 19,213 100,813 1,205,883 68,741 1.186,764 39,998 477,610 39,715 412,430 205,780 5,030,116 365 1,335 81 1,334 383 81 93 1,334 93 365 1,334 Nov. 30— 1921. 8 1,736,760 696,388 2,641,457 498,590 490,009 72,791 975,733 2,132,334 509,123 68.303 184 422,636 270,361 199 K a n sa s O k la h om a & G u lf E A R N IN G S. Passenger revenue___ Transportation exp. T o t. exp., Incl.oth. Uncollectible revenue. Net after taxes, &c_ Aver. miles of r’d oper. L os A n g eles & S a lt L ake — Month o f November— Formerly Missouri Oklahoma & O u lf 1922. 1921. — Month o f November— — Jan. 1 to Nov. 30— 1921. 1922. 1921. | $ $ 1922. 260,222 163,559 2,406,387 1,848,390 1,351,400 1,110,135 348,700 15,192 138,777 441,244 167,882 14,724 283,898 189,619 2,646,373 2.120,264! 1,954,600 1,602,751 211,345 39,897 43,269 483,040 511,680 214,403 284,950 432,947 44,340 25,746 357,2361 304,313 48,035 4,818 63,404 46,790 46,974 8,015 935,710 638.877 565,255 96,058 80,344 931,116 198,930 164,127 1,881,258 1,965,829| 1,418,679 1,200,931 535,921 401,820 84,968 25,492 765,115 154,435 109,085 9,578 9,067 107,679 102,843 100,035 330 112 12 225 5 511 657,211 298,972 75,278 16,413 426,506 54,349 383,152 60,330 7,624 512,631 227,071 — 42,1731 314 314 314 1,137 1,168 317| Nov. 30— 1921. 8 13,240,967 4,544,302 19,072,529 3,547,138 4,351,387 148,200 9,400,949 18,001,299 1,071,230 1,159,315 1,235 — 89,320 — 312,750 1,194 Nov. 30—• 1921. 8 3,068,189 849,512 4.116,541 864,807 662,016 52,568 1,396,160 3,169,876 946,665 124,770 733 821,162 777,267 382 M in n e a p o lis & S t L o u is — Jan. 1 to N ov. 30— — Month o f November— 1922. 1921. 1922. 1921. $ $ $ $ 1,153,844 1,201,860 11,692,405 11,396,391 142,352 156,957 4,841,216 5,142,485 1,371,644 1,433,895 18,101,935 18,105,921 176,534 170,840 3,550,480 3,772,778 292,423 276,860 4,046,762 3,757,386 24,338 24,500 510,286 527,713 648,577 625,818 5,918,734 6,157,727 1,185,690 1,137,845 15,005,767 15,128,082 185,954 296,050 3,096,168 2,977,839 79,404 40,457 1,216,360 1,086,300 153 3 720 1,084 106,397 255,590 1,879,088 1,890,455 104,806 206,815 1,445,519 1,420,831 1,649 1,650 1,140 1,168 — Jan. 1 to Nov. 30— 1922. 1921. 8 $ 11,835,575 12,230.417 1,663,936 2,047.847 14,284,078 15,013,276 1,944,768 2,362,470 2,560,171 3.495,813 262,211 276,895 6,740,002 7,215,601 11,944,998 13,834,062 2,339,080 1,179,214 756,203 757,360 1,505 2,832 1,581,372 419,022 1,069,661 101,238 1,649 1,650 Janv 1923.] N Orleans Texas & M exico System M ob ile & O h io S ystem S a u lt Ste M arie New Orleans Texas & Mexico Mobile & Ohio — Jan. 1 to Nov. 30— — M on th o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 60— 1921. 1922. 1922. 1921. 1922. 1921. 1921. 1922. 1922. 1921. S S 300,019 197,327 2,181,279 1,944,993 32,308,008 28,970,126 1,537.089 1,253,526 13,818,231 14,133,838 344,454 379,660 36,800 24,547 138,173 1,614,544 1,711,649 167,867 6.732,125 7,519,570 343,915 229,955 2,634,531 2,450,586 1,798,382 1,470.991 16,292,463 16,684,856 42,902,214 39,829,798 446,200 378,160 30,742 39,153 178,413 219,964 1,922,373 2,310,988 6,259,447 6,789,446 549.1 /1 452,690 22,326 59,559 469.363 367,588 3,520,211 4,504,498 6,837,419 9,404,616 73.3 /2 68,975 6,624 5,605 505,841 470,252 37.002 667,829 586,985 41,647 609,922 675,410 68,396 54,986 599,972 6,177,021 6,954,157 632,630 18,246,162 18,279,527 121.540 1,695,338 1.732,506 181,587 33,297,104 36,514,895 1,363,057 1,279,906 12,616,223 14,863,626 718,080 939,193 108,415 162,328 191,085 3,676.240 1,821.230 435,325 9,605,110 37314,903 178,814 207,750 682,559 20,829 15,738 685,596 89,000 67,784 2,812,761 2,693.120 Cr. 176 20 320 Cr. 268 1,252 4 7 8,546 11,137 539,246 731 .619 92,677 141,767 123,297 2.989,392 1,138,351 346,318 6,781,212 613,237 560,782 996,444 2,446,372 170,414 109,217 i ,183,722 332.576 100,465 6,361,300" — 177,865 191 1,165 191 191 1,165 191 1,165 1,165 4,383 4,290 Beaum ont Sour Lake & W estern Colum bus & Greenville M is s is s ir m i C e n t r a l — Jan. 1 to Nov. 30— Formerly Southern Ry. in Mississippi — Month o f November— iy z i. iy 2 i. 1922. — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. $ $ S $ 1921. $ 1922. 1921. 1922. S $ $ 152,421 120,877 1,493,231 1,579,490 113,436 1,025.132 1,021,977 103.969 92,052 1.129,476 827,245 115,993 20.231 264.746 26,931 329.122 324,226 38,974 39.357 210,383 15,653 16,239 182,048 148,140 1,867,376 1,978,752 190,059 164.257 1,420.009 1,440,882 149,625 113,949 1,369,623 1.080,674 138,370 39,409 376,489 372,868 41,926 321,999 396,575 28.493 32,230 243,411 28,432 36,400 226,227 241,687 285,470 23,877 18,181 206.223 137,006 18,706 14,669 335,829 333,313 22,061 21,568 3,993 56,184 •)1,297 5,285 31,562 34,947 2,530 63,211 36,239 3,228 5,314 6,006 595,632 684,944 68,556 58,236 510,252 738 638 49.195 58.911 45.649 475,801 395,688 43,855 142,087 1.341,832 1,476,008 130,439 110,956 1,098,130 1,444,134 111,399 108,746 112,624 1.177,344 1.083,4 S7 525,544 502,744 59,620 6.053 — 3,252 321,879 38,226 53.301 192,279 — 2,783 29,624 1,325 49,154 40,493 4,169 5,079 51,973 131,179 3,999 67,030 71,493 4,742 7 255 85 67 102 693 13 48 708 85 518 462,184 1,884 476,305 54,541 269,213 — 134,533 34,179 53,288 124,541 — 74.361 — 5,930 24,364 10,658 231,098 320,218 36,227 151,054 — 380,485 27,966 2000 " — 18.024 1577528" — 117,975 35,560 118 118 118 118 252 193 226 259 167 178 258 259 M in n St P a u l E A R N IN G S. Passenger revenue___ Transportation exp_ Tot.exp.,incl.oth. Uncollectible revenue Net after taxes, &c. Aver, miles of r’d oper. 1922. $ 3,598,115 603.727 4,579,916 615,237 711,381 59,108 2,175,912 3,683,145 896,771 297,273 1,670 597,828 590.332 4,383 E A R N IN G S. Passenger revenue___ Transportation exp. T ot.exp., tncl.oth. UncoUeotib.e revenue Net after taxes, &c Aver, miles of r’d oper. & 1921. S 3,043,048 567,394 3,935,114 639,502 893,609 52.996 1.556,688 3,258.321 6767793 126,278 1,600 548,915 480,318 4,375 St Louis Brownsville & Mexico M o n to u r M issou ri & N o r th A rk a n sa s EAR N IN G S. 9 RAILW AY EARNINGS — Month o f November— — Jan. 1 to N ov. 30— — Month o f November—- — Jan. 1 to Nov. 30—■ — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. 1921. 1921. 1922. 1921. 1922. 1922. 1921. 1922. $ 100,236 23,232 132,794 14,333 10,205 1,625 52,873 83,469 49.327 3,298 22 46.007 41,818 354 Passenger revenue___ Transportation exp. Tot.exp. .incl.otli. Uncollectible revenue. Net after taxes, &c_ Aver, miles of r’d oper. 8 $ 468,257 112,705 624,577 57,331 64,221 11,665 313,635 470.499 154,078 10,639 22 143,417 80,818 317 Not in Operation $ Not in Operation * 184,930 448 187,718 33,482 36,930 1,041 35.375 113,992 73,726 12,317 61,409 89.5521 56 $ 86,705 710 89,404 22,398 29,196 927 25,289 84,163 5.241 2,566 6 2,669 13,649 56 * 977,771 7,404 997,342 222,572 293,612 11,142 235,271 831,550 165,792 43,949 83 121,760 240,681 56 $ Passenger revenue___ Transportation exp. Tot.exp. .incl.oth. Uncollectible revenue. Net after taxes, &c_ Aver, miles of r’d oper. E A R N IN G S. Passenger revenue___ Expenses—Maint.way Traffic expenses___ Transportation exp. Tot .exp., incl. oth. Uncollectible revenue. Net after taxes, &c. Net after rents._____ Aver, miles of r’d oper. 221,009 106,368 356,098 64,172 55,061 14,194 123,559 273,855 82,243 12,362 1,306 68,575 52,057 550 $ 298,738 92,526 423,982 81,162 78,027 12,583 134,736 324,066 99,916 15,161 39 84,716 78,356 550 s 3,193,366 1,102,876 4,690,775 806,320 647,934 151,727 1,334,945 3,137,571 1,553,204 152,711 2,776 1,397,717 1,104,980 550 N a sh v ille C h a t t a n o o g a & S t L o u is & T exas RE, — Jan. 1 to Nov. 30— — Month o f November—- — Jan. 1 to N ov. 30— 1921. 1921. 1921. 1922. 1922. 1922. 8 $ S $ $ $ 21,174,021 22,066,658 1.544,060 1.223,884 14,676,920 13,285,539 5,145,102 6.387,164 380,606 460,085 4,218,593 4,706,991 28,935,079 30,939,850 2,066,580 1,790,856 20,352,901 19,381,706 283,163 3,138.872 2,794,422 3,175,530 4,479,542 317.875 551,462 5,064,517 4,974.821 5,939,003 8,150,419 478,965 503,102 752,939 767,088 499.673 83,921 69,277 8.727,484 10,272,317 715,569 8,033,713 8,622,805 808,487 19.381,555 24,480,126 1,754,778 1,679,394 17,685,322 17,829,344 9,553,524 6,459,724 111,462 2,667.579 1,552.362 311,802 40,000 385,000 510,000 1,942,337 1,745,661 35,000 8,471 17,526 4,372 188 16,885 458 7,593.661 4,709,691 71,274 2,265.694 1,033.891 276,344 56,6i 2 2,611,356 1,348,474 8,251,046 5,856,949 304,744 1,258 1,670 1,258 1,258 1,715 1,258 M issou ri K a n s & • • — Month o f November— 1922. 1921. % $ 1,468.022 1,521,578 470,556 386,171 1,991.156 2,153.402 308,947 413,674 403,416 375,241 36.676 38,981 785,223 754,286 1,574,666 1,699,938 453,464 416,490 84,671 92,278 2,445 717 360,469 329,374 25,384 136,131 1,738 1,739 — Jan. 1 to Nov. 30— — Month of November— — Jan. 1 to Nov. 30— — -Month o f November— — Jan. 1 to 1922. 1921. 1922. 1921. 1922. 1921. 1921. 1922. 1922. $ $ $ $ S $ $ $ $ 27,456 438,343 233,154 13.264.678 16,940,168 52,763 372,334 273,004 2,912,155 51,084 1.872 49,422 161,503 4,552,287 6.102,505 5,555 14,824 12,571 33,044 531,499 323,945 19,522,405 25,004,681 61,516 393,000 295,836 3,159,666 121,042 3,128,046 3,931,313 10.698 108,847 613,119 9,876 49,710 58,986 3,892 60.903 48,263 3,344,935 4,257,082 6,946 69,885 70,872 604,359 6,390 437,907 462,602 451 388 4,768 3,810 54,971 4,727 7,632,380 9,601,060 6,989 99,490 123.335 11,891 102,565 1,078,285 108,317 15,327,152 19,394,829 25,009 348.830 293,569 243,306 2,434.438 32,253 239,911 4.195,253 5,609.852 8,035 237,930 — 24,885 29,263 52,530 725,228 153,089 6,162 90,753 605,247 593,802 7,539 71,677 20,170 168,926 18,526 10,589 3 121 5,551 16 615 253 3,579,417 5,010.499 1,873 21,724 166,250 — 115.759 32,344 555,687 134,310 1,378,655 2,566,065 180,970 — 91,569 22,312 1,871 15,781 327,402 105,514 1,737 1,739 165 165 165 165 244 244 244 T exas R y o f T ex Nevada N o r th e r n $ 3,713,106 1,410,941 5,494,548 918,949 901,876 159,759 1,940,891 4,149,991 1,344,557 164,305 422 1,179,830 1,002.520 550 N ew Y o r k C e n tr a l S ystem — Month o f November— 1922. 1921. * $ 2,278,190 2,083,577 485,299 504,540 2,995,789 2,810,564 347,449 342.423 643,752 759,282 42.912 43,226 912,623 812,311 2,035,316 2.051,386 960,473 759,178 233,797 92.804 392 561 665,982 726,115 802,161 798,278 1,670 1.714 M issou ri K a n sa s EAR N IN G S. 8 1,288,338 10,366 1,319,539 317.780 545,226 12,113 361,480 1,513,420 6.1191 35,974 7 — 29,862 186,356, 56 New York Central RR — Month o f November— 1922. 1921. 25,171,096 19,075,417 7,016,037 6,770,380 36,389,112 29,023,063 3,611,706 4,027,504 8,722,094 3,591,505 288,126 413,622 13,153,814 11,246,083 27,014,225 20.246,517 9,374,887 8,776,546 2,420,183 1,771,371 35,122 11,259 6,943,445 6,970,053 6,936,833 7,264,906 6,893 6,873 — Jan. 1 to Nov. 30— 1921. 1922. 205464,723 193397,227 83,452,239 85,673,509 328143,397 312017,193 38,006,845 39.063,145 85,981,670 68,654,341 3,763,876 3,639.226 122899,122 122992,636 263124.466 247675,897 65,018,931 64,341,296 19,637,203 19,410,731 54,360 53,418 45,328,310 44,866,205 46,934,288 47,132,617 6,893 6,873 Cincinnati Northern Nov. 30— 1921. * 3,236,105 203,011 3,544,656 564,590 655,416 51,968 1,206,282 2,559.208 985,448 187,563 26 797,859 671,618 245 M issou ri P acific E A R N IN G S. Passenger revenue___ T ot., incl. other rev. Expenses— M aint. wa y Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot.exp..incl.oth. Net from railroad. _. Uncollectibla revenue. Net after taxes, &c. Net after r e n t s _____ Aver, miles of r'd oper. — Month o f November— 1921. 1922. S S 6,657,876 7.139,132 1,477,243 1,452.469 8,884,393 9,294,690 1,442,048 1,457,641 2,164,928 1,902,142 137,067 153,689 3,549,498 3,550,920 7,569,510 7.350,367 1.314,883 1,944,323 312,100 400.082 7,130 2.067 1,000,716 1,537.111 710,517 1,155,648 7,300 7,148 Cleve Cin Chic & St L (Inc Peoria & East) N ew burgh & S o u th S h ore — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1921. 1922. $ $ $ * $ $ $ $ % $ 67,648,490 76,418,180 5 711 250 4,686,221 55,965,873 52,172,898 15,241,751 17,752,486 1 [247,658 1,191,541 14,766,481 15,898,743 91,194,536 102019,816 179,919 184,942 1,766,984 1,332.780 7,596,012 6,392,387 76,791,593 73,762,984 15,853,474 16,594.540 20,007 6,302 160,168 143,877 812,219 8,772,864 10,286,104 752,231 19,015,956 21,521,846 45,862 28,796 417,820 287,856 1,915,171 1,713,250 16,596,116 17,353,809 1,678,072 1.775,917 95,199 1,208,694 1,162,262 106.705 37,354,053 41,550,602 73,897 63.044 709,253 588,011 2,981,434 2,208,812 29,452,217 30,528,156 76.987,526 84,857,259 143,622 101,463 1,328,050 1,065,717 5,983,637 5,040,401 58,486,382 61,765,550 14,207,010 17,162,557 36,297 83,479 438,934 267,063 1,612,375 1,351,986 18,305,211 11,997.434 3,960,519 3,879,574 12,804 12,659 138,189 120,690 368,629 4,227,927 3,677,750 383,047 37,164 2 54,467 5 11 1,710 162 10,587 5,808 93 491 10,209,327 13,228,516 70 820 300.740 146,362 1,227,618 983,195 14,066,697 8,313,876 6,723,721 9,972,570 ly,724 67,592 269,730 168,098 1,078,434 990,455 12,342,652 7,156,843 7,272 7,300 7 7 7 7 2,409 2,406 2,415 2,414 M o n o n g a h e la C o n n e c tin g E A R N IN G S. Passenger revenue___ Transportation exp. Tot.exp.,incl.oth. Uncollectible revenue. N et after taxes, &c. Aver, miles of r'd oper. N ew O rlea n s G re a t N o r t h e r n — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to 1921. 1922. 1921. 1922. 1921 1922 1922. «> S $ $ $ 8 $ $ 174,106 161,257 1,831,624 27,812 33,013 388,356 167.910 107.114 1,512.598 204,342 2,323,731 727,267 212,027 25,086 14,412 211,272 113,836 29,315 37,978 345,715 28,893 272,397 20,148 164,708 23,711 67,510 319,221 561 506 5,809 5.832 4,122 6,289 56,618 741,721 44,440 368,963 98,659 65,066 73,971 735,790 167,739 84,844 1,314,727 131,121 717,950 196,620 1,566,103 22,270 171 197,871 80,906 9,317 7,722 757,628 23,972 2,537 1,948 19,730 15,528 18,026 166,112 61 727 — 2,366 20,322 173,899 — 10,413 590,789 65,317 — 10.304 — 13,832 12,186 120,407 — 75,693 72,915 — 25,433 556,921 7 7 7 274 7 274 274 Ind iana Harbor Belt Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. 1921. $ $ & 8 $ 1 770 644 479,200 730,030 9,377,808 8,351,154 905,535 2,355,149 129,915 1,102,518 1,115,961 90,207 389,602 84,792 1,046,725 1,543,090 105,305 554,008 4,720 2,995 46,028 40,568 59,316 312,739 3,798,278 3,561,108 473,631 965,099 692,662 549,358 6,204,176 6,521,290 2,082,706 180,672 3,173,632 1,829,864 212,873 272,443 421,591 22,531 244,638 28,262 182,286 244 417 259 502 157,897 2,751,624 1.584,967 184,611 89,655 57,794 1,731,039 54,104 453,077 — 15,216 119 120 120 119 274 10 RAILW AY EARNINGS N ew Y o r k C e n tr a l Sys. ( C o n c l .) Freight revenue---------Fassenger revenue___ T ot., incl. other rev. Expenses— Maint.way Slaint. of equipm't. Traffic expenses... Z Transportation exp. Tot.exp.,incl.oth. Net from railroad-----Taxes_________________ Uncollectible revenue. Net after taxes, &c. Net after rents---------Aver, miles of r’d oper. Now included in New York Central Railroad Michigan Central E A R N IN G S. Freight revenue---------Passenger revenue___ T ot., incl. other rev. Expenses— M aint.way Maint. of equipm't. Traffic expenses... Transportation exp. T o t.exp. ,incl .oth. Net from'railroad.. Taxes________________ Uncollectible revenue. Net after taxes, &c. Net after rents---------Aver, miles of r’d oper. E A R N IN G S. Freight revenue---------Passenger revenue___ T o t., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. T ot.exp., incl.oth. Net from railroad-----Taxes________________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles of r’d oper. N ew Y o r k N ew H a v en & H a r t fo r d — Month o f November--------Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. E A R N IN G S . [V ol. 116. P e n n s y lv a n ia R a ilr o a d Incl. Penn. Company, Grand Rapids A Indiana and P. C. C. & St. L. — Month of November--------Jan. 1 to N ov. 30— 5,598,107 5,152,380 54,831,911 48,936,868 41,826,279 37,328,316 401689,652 376128,756 4,041,251 4,108,247 44,814,856 46,851,374 11,959,308 11,103,186 133992,239 143126.759 10,941,894 10,270,428 112429,072 106505,819 59,410,370 52,584,432 588907,546 567865,965 1,216,766 1,028,397 15,319,207 16,143,455 6,995,393 5,658,942 72,626,183 69,462,913 2,764,901 2,162,936 23,841,998 25,148,482 15,760.732 14,296,659 151628,986 149759,940 54,767 52,151 610,478 658,943 582,962 539,009 6,336.035 6,517,950 4,663,378 4,199,408 46,213,819 50,362,276 24,461,488 20,146,521 231385,026 245680,971 9.194,021 7,906,579 90,860,256 97,987,400 49.999,104 42,777.716 485512,634 495561,655 1,747,873 2,363,849 21,568,876 8,518,419 9,411,266 9,806,716 103394,912 72,304.310 414,843 360,396 4,267,416 4,283,532 2,362,473 2,164.054 27,370,177 25,071,426 7,063 621 24,301 30,074 34,673 2,521 97,188 35,579 7,014,120 7,640.111 75,927,547 47,197.305 1,325.967 2,002,832 17,277,099 4,204.813 5,886,402 7,070,461 67,131,599 36,700,260 432,313 1,524,730 11,414,412 -8,498 2,000 1,989 10,537 10,541 10,537 10,541 2,004 2,002 N ew Y o r k O n ta r io & W e ste rn Baltimore Chesapeake & Atlantic — Jan. 1 to Nov. 30— — Month o f November----- —Jan. 1 to N ov. 30— 1921. 1922. 1921. 1922. 1921. 1922. $ $ $ $ S $ 75,461 68,827 970,048 1,005,760 6,570,546 8,069,894 433,242 457,068 29,785 28,552 2,904,837 3,286,212 109,767 100,877 1,461,395 1,504,906 11,336,472 13,135,030 9,312 11,139 152,986 138,954 1,616,972 2,122,871 21,152 354,720 317,326 20,180 2,230,136 3.012,371 1,180 20,343 18,421 1,435 176,358 161,685 86,156 72,802 882,376 865,207 5,587,641 5,524,718 120,948 109,047 1,451,112 1,382,762 9,960,101 11,167,405 — 11,181 — 8,170 13,283 122,144 1,376,371 1,967,625 47,700 45,964 390,500 396,000 02 Crl 62 16 1,302 7,448 — 34,479 76,164 — 11,183 — 8.171 979,069 1.569,677 89,691 — 12,515 — 5,345 — 37,473 497,239 1,276,053 87 87 87 87 569 569 Cincinnati Lebanon & N orthern N ew Y o r k S u s q u e h a n n a & W est — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. S S S * 269,025 231,897 2,599,789 2,740,454 58,100 59,432 671,497 719,705 372,697 334,523 3,737,505 3,931,019 50,120 35.321 529,048 585,201 108,920 56,766 729,563 594,707 J ow lncluaeci in N 1,968 3,106 38,192 40,994 188,281 2.260.935 2,350,525 225,148 Pennsvlvania Railroad 395,199 293.764 3,667,093 3,680,928 40,759 — 22,502 70,412 250,091 21,000 25,833 269,571 284,350 459 67 26 541 — 43,569 14.900 — 199,618 — 34,800 — 61,759 32,526 — 318,374 19,296 135 135 135 135 — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— 1922. 1921. 1922. 1921. 1922. 1921. 8 $ S $ S $ 786,336 797,846 5,762,148 4,016,082 50,577.003 42,166,494 99,238 114,493 1,525,844 1,383,522 17,429,599 18,425,403 1,035,893 1,079,482 7,999,148 5,964,073 75,609,332 67,054,847 786,950 8,056,305 7,858,496 904,644 147,685 150,484 1,553,431 1,002,073 16,450,138 13,392,900 300,281 265,964 108.992 74,294 1,017,599 1,015,860 18,630 17,388 2,523,839 2,306,196 25,980,390 26,387,482 615,426 479,357 5,287.701 4,376.598 53.810,482 51,127,239 1.112.772 941,470 2,711,447 1,587,475 21,798,850 15,927,608 — 76,879 138,012 615,000 4,520,000 2,949,234 40,000 35,500 518,983 3,229 23 456 188 13.208 206 2,192,008 972,287 17,265,642 12,975,145 — 116,902 102,306 2,057,902 896,831 16,209,902 12,867,472 — 193,010 54,993 1,862 569 1,862 1,865 569 1,865 P ittsburgh & Lake Erie — Month o f November— — Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. $ $ S $ 3,231,239 1,748,712 22,424,331 17,131,813 248,900 211,260 2.540,317 2,755,139 3,577,555 2,045,705 25,835,793 21,317,913 298,635 277,671 2,990,735 3,543,389 865,663 574,900 9,656,913 6,668,740 229,919 28,737 21,931 223,871 746,804 8,601,768 8,276,409 935,357 2,193,087 1,686,869 22,181,001 19,497,933 1,384,468 358,836 3,654,792 1,819,980 220,329 1,104,461 2,414,328 207,645 9 31 1,532 1,389 1,176.814 138,476 2,548,799 — 595,737 325,404 4,224,805 1,747,467 1,541,038 227 227 227 225 N o r fo lk & W e s te rn Toledo & Ohio Central Freight revenue---------Passenger revenue— T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses___ Transportation exp. T ot. exp., incl. oth. Net from railroad-----Taxes________________ Uncollectible revenue. Net after taxes, &c_ Net after rents---------Aver, miles of r’d oper. 5,638,554 748,491 6,716,216 1,304,713 2,487,755 77,851 2,662,969 6,699,690 16,526 450,000 132 — 433,606 — 170.627 2,237 Now included in New York Central Railroad N ew Y o r k C h ic a g o & S t L ou i3 E A R N IN G S. Freight revenue— . — Passenger revenue— T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses---Transportation exp. Tot.exp.,incl.oth. Net from railroad-----Uncollectible revenue. Net after taxes, &c. Net after rents---------Aver, miles of r’d oper. —Month o f November-------- Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. $ 3,095,668 141,098 3,386,177 373,826 938,758 88,375 1,394,862 2,916,206 469,971 216,438 108 253,425 210,130 1,242 S 2,803,097 136,439 3,055,853 397,823 605,868 76,493 1,086,842 2,286,433 769,420 277,766 2,847 488,807 502,403 1,261 $ 32,909,429 1,614,347 35,723,635 4,371,835 7,281,477 858,322 13,643,323 27,466,756 8,256,879 2,027,884 4,248 6,224,747 5,909,050 1,242 Lake Erie & Western $ 30,328,492 1,917,146 33,184,393 4,172,219 7,073,550 829,915 13,411,600 26,724,447 6,459,946 2,137,428 3,342 4,319,176 4,087,282 1,261 E A R N IN G S. Freight revenue---------Passenger revenue.— T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. Net from railroad------ Now included in New York Chicago & St Louis Uncollectible revenue. Net after taxes, & c. Net after rents---------Aver, miles of r’d oper. N ew Y o r k C o n n e c tin g E A R N IN G S. Freight revenue---------Passenger revenue. T ot., incl. other rev. Expenses— M aint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. Net from railroad____ Taxes_________________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, mileslof r’d oper. Grand Rapids & Indiana -Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. E A R N IN G S. $ $ $ 222,350 243,921 2,376,133 2,933,799 250,480 12,878 111,475 253,536 8,426 7,544 2,709,717 143,749 235,329 3,081,925 120,924 156,533 53,476 179,313 71,167 39,334 42,810 520,734 6 0 ,2 8 9 .___916,766 193,247 1,792,951 37,743 433,066 563,767 863,295 2,218,630 409,762 31.833 140,077 19 155,504 104,566 19 1,808,868 1,182,237 19 1,359,885 1,062,070 19 71,952,883 8,280,939 83,353,990 11,539,133 21,294,023 860,418 26,413,399 61,866,356 21,487,634 5,550,000 8,313 15,929,321 17,981,791 2,237 61,291,146 9,267,937 73,541,696 10,749,431 17,720,177 782,075 27,913,032 59,005,451 15,436,245 4,330,000 1 5,387 ! 10,200,858 12,731,135 | 2,225 N o r fo lk S o u th e r n Now included in Pennsylvania Railroad Long Island — Month o f November-------- Jan. 1 to Nov. 30— 1 —Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. .$ s s $ 635,045 593,339 5,928,487 5,438,448 839,861 819,755 8,137.911 7,632,530 108,618 120,138 1,325,784 1,490,771 1,306,771 1,160,851 17,889,380 16,901,373 785,463 749,685 7,768,470 7,375,949 2,377,497 2,150,873 28,573,099 26,711,527 95,171 93,831 1,013,486 1,159,051 257,991 266,928 3,019,910 3,080,657 119,390 119,802 1,221,098 1,132,902 415,323 365,671 4,663,222 4,589,804 20,574 244,990 22,268 240,985 18,319 16,901 198,614 204,562 322,631 312,406 3,191.601 3.355,874 1,130,046 1,027,013 12,40^,556 12,488,336 585,059 576,247 6,074,467 6,252,973 1,894,503 1,748,157 21,144,071 2 1,243,428 200,404 173,438 1,604,003 1,122,976 482,994 402,716 7,429,028 5,468,099 32,315 30,673 341,698 355,422 98,944 91,042 1,596,950 1,469,413 334 95 783 23,540 30,044 3,503 343 168,089 142,670 1,261.522 767,220 380,547 311,331 5,802,034 3,975,146 134,500 624,776 108,748 986,298 256,893 229,146 4,965,892 3,378.975 930 942 930 942 397 398 398 397 Maryland Delaware & Virginia N o r th w e s te r n P a c ific -Month o f November-------- Jan. 1 to Nov. 30— — Month o f November-------- Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. 1921. 1922. 1921. 1922. $ s s s s $ $ $ 706,180 750,165 347,362 384,306 4,112,548 4,429,582 64,583 66,781 340,740 375,990 177,804 184,296 2,443,687 2,663,309 19,752 81,870 88,573 1,084,514 1,161,785 604,015 87,818 650,406 7,421,541 8.040,270 120,060 9,315 148,120 1,118,225 1,397,747 106,644 112,348 8,424 265,442 231,109 123,410 16,493 110,499 1,030,603 1,093,764 26,848 15,152 5,339 684 5,437 19,916 819 67,690 76,375 745,922 779,185 241,769 73,135 261,846 2,814,688 3,076,152 77.228 115,431 101,817 1,164,938 1,173,112 499,368 542,142 5,218,546 5,838,988 — 80,424 ‘ — 11,32? 108,264 2,202,995 2,201,282 104,647 — 27,613 — 13,244 20,400 24,513 47,547 46,345 523,995 426,454 9 3 130 21 812 972 — 35,843 — 27,615 — 13,244 — 100,833 56,970 61,898 1,678,187 1,773,856 -114,241 — 76,968 — 28,959 — 17,604 49,345 42,265 1,517,684 1,637,116 82 82 82 82 496 507 500 522 N o r t h e r n P a c ific -M onth o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. $ 5,950,244 737,314 6,939,600 989,367 1,598,188 66,802 2,174,707 4,978,633 1,960,967 400,000 357 1,560,610 1,922,131 2,232 — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. s S s S 7,426,658 7,047,396 65,541,888 63,500,772 1,202,139 1,220,329 14,194,132 15,834,574 9,433,995 8,919,928 87,733,885 87,037,247 986,644 833,083 11,881,145 13,686,435 2,207,968 2,129,020 20,739.243 19,782,494 128.773 126,091 1,525,119 1,366,082 3,636,979 3,148,792 33.372,061 33,943,082 7,215,923 6,602.657 70,782,288 72,566,299 2,218,072 2,317,271 16,951,597 14,470.948 743,918 1,075,108 7,983,082 8,216,271 731 801 24,344 14,278 1,473,423 1,241.362 8.944,171 6,240,406 2,061,551 1,417,726 12,631,400 8,838,299 6,631 6,667 6,641 6,657 Monongahela -Month o f November--------Jan. 1 to N ov. 30— 1921. 1922. 1922. 1921. $ $ $ % 367,589 447,128 2,897,918 3,566,791 359,302 388,306 41,130 33,832 484,724 3,315,948 4,006,782 415,826 456,079 762,868 49,390 52,951 589,515 71,301 747,428 85,722 15,824 19,409 1,572 1,479 980,379 1,153,319 123,073 138,312 284,380 256.199 2,144,270 2,771,826 228,525 1,171,678 ' 1.234,956 131,446 92,500 82,500 17,500 12,500 164 6£6 118.946 221,025 1,079,014 1,152,450 609,958 56,223 150,478 615,125 106 106 106 106 J a n ., 1923.] 11 RAILW AY EARNINGS P e n n s y lv a n ia R R ( C o n c lu d e d ) P h ila d e lp h ia & R e a d in g R u t la n d Jan. — Month o f November-------- Jan. 1 to N ov. 30— — Month'of November--------M 922.1 to Nov.' 30— 1922. 1921. ‘ 1921.* 1922., 1921. 1922. 1921. $ $ $ j < | £ 1 % $ $ $ 326,884 281,942 2,888,301 2,990,543 7,269 459 6.276,331 59,945,626 65,536.590 97.025 112,3751 1,352,336 1,437,374 833,296 839,019 9,037,558 9,394,679 463,084 5.302,893 5.373,759 512,920 8,521,783 7,383,366 73,076,125 78,099.043 85,113 91,215 1,025.376 1,071,989 643,102 704,123 8,<'48,698 8,950,837 105,803 89,856 1,016.240 1,083,747 1,584,811 1,846,002 18,052,724 21,130,360 8,249 7,757 90,815 95,671 684.769 63,347 64,401 645,728 Now included in 221.210 202,225 2.359,146 2.424,350 3.085,136 2,815,396 27,709,657 31,267,353 Pennsylvania jvanroau 434,122 405.589 4,653,119 4,849,403 5,614,864 5.564,837 56,252,432 63,791,992 78,798 649,774 57,495 524,356 ~2,906,919 1,828,529 16,823,693 14,307,051 24,926 23,714 240,403 d 263,333 168,405 148,806 2,089,362 2,085,852 14 2 67 103 13,642 288 383 13,238 53,858 33,779 409,304 260.920 2,738,226 1,679,340 14,721,093 12,207.557 69,967 44,612 476,008 392,641 2,570,130 1,508,8X3 12,600.037 107410,538 415 415 415 415 1,126 1,126 1,125 1,127 St L o u is — San F r a n c is c o System P itt s b u r g h & S haw i n u t Pittsburgh Cincinnati Chicago & St Louis S t Louis-San Francisco — Month o f November— — Jan. 1 tc N ov. 30— — Month o f November-------- Jan. 1 to Nov. 30— 1921. 1922. 1922. 1921. 1922. 1921. 1922. 1921. $ $ 8 101,989 115,476 3,164 4,774.138 4,710.511 50,120,759 51.849.707 865,755 1,10$ 52,202 59,606 1,555,682 1,498,309 16,645,548 18,934,757 3,946 5,509 122,231 110,469 945.947 1,182,147 6,848,264 6,731.067 72,169,161 75,694,284 821,230 985,805 10,498,829 9,060,699 22,382 20,616 274,953 258,653 1,204,431 1,182,569 13,504,754 13,998,691 410,856 41,130 30,635 379,288 83,641 94.208 915.594 918,678 1,229 19,176 1,345 17,981 Now included in 43.393 36,848 410,818 2,588,334 2,404,059 27,094,798 29,122,768 343,089 Pennsylvania Railroad 114,829 95,226 1,088,869 1 175 381 4,856,783 4,832,169 53.800,311 55,153,947 — 4,360 67766 1,991,481 1,898,898 18.368,850 20,540.337 27,005 "— 1427922 275,194 392,211 3,420,122 3,379,238 1,602 5,113 14,080 10.823 3,653 4,499 44,021 32,882 4 1 712,634 1,502,188 14,904,707 17,128,217 25,403 — 157,006 — 9,473 — 4,057 1.508.118 1,377,096 13,978,938 16,726,394 477602 210.066 29,688 36,957 4,760 4,760 4,760 4,760 102 102 102 102 New York Philadelphia & Norfolk E A R N IN G S. reight revenue______ assenger revenue___ T ot., incl. other rev. Ixpenses— Maint.Way Maint. of equipm'tTraffic expenses___ Transportation exp. Tot.exp.,incl.oih. let from railroad____ 'axes________________ Incollectible revenue. Net after taxes, &c. let after rents______ Lver. miles of r’d oper. E A R N IN G S. 'reight revenue______ ‘assenger revenue___ T ot., incl. other rev. !xpenses— M aint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. let from railroad____ 'axes______________ ; _ incollectible revenue. Net after taxes, &c. let after rents______ iver. miles of r’d oper. E A R N IN G S. 'reight revenue______ ‘assenger revenue___ T ot., incl. other rev. ixpenses— Maint .way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot .exp., incl.oth. let from railroad____ 'axes________________ Incollectible revenue. Net after taxes, &c_ let after rents______ Lver. miles of r’d oper. E A R N IN G S. 'reight revenue______ ‘assenger revenue___ T o t., incl. other rev. ixpenses— Maint. way Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot .exp., incl. oth. ret from railroad____ 'axes________________ Incollectible revenue. Net after taxes, &c_ ret after rents______ kVer. miles of r’d oper. Fort W orth & R io'G rande P itt s b u r g h & W est V irginia Toledo Peoria & W estern — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. s s s $ $ $ s s s S 102,682 123,662 828,496 1,041,718 216,038 203,012 2,132.160 2,104,123 125,774 60,682 963,270 892,368 25,928 30,344 318,115 438,607 8,364 10,974 96,250 131,227 42 811 46.559 461.665 579.354 1<59,U»<5 iOS.UOU 1,618,889 247,078 2,353,136 2,591,016 253,557 118,525 1,562,044 1,528,976 185,047 25,628 47,974 426,553 418,860 44,659 368,406 36,579 656,961 311,349 352,535 37,574 43,459 31,211 24,345 276,136 282,110 44,753 234,387 643,444 1.455,685 461,442 361,658 45,372 38,337 2.731 3,032 29,986 34,209 39,172 3,003 2,413 34.994 33,660 29,958 2,460 2,960 63.918 62,107 584,484 835,802 70,441 682,472 85,334 816,178 49,562 792,066 858,716 80,077 128,965 143,204 1,376,698 1,642,449 197,876 375,051 2,003,612 3,350,767 135,927 1.579 788 1.795,135 179,070 10,118 24,85G — 113,271 — 23,560 549,524 — 759,751 55.681 — 127,973 — 17,402 ” — 17,744 — 266,159 5,977 3.508 3,624 38,768 39,815 33,809 320,867 288,131 40,505 121,000 110,115 10,000 11,000 19 1,984 382 106 885 507 27 6.591 21,232 — 154.023 — 63,757 15,176 — 161,782 228,551 -1.048,767 — 5.050 — 27.402 — 139.251 — 376.274 — ra. tfya — 242,798 — 190,348 86,204 — 142,477 917,833 — 716,438 4,708 — 25,825 — 153,833 — 356,041 235 235 235 235 85 85 85 85 247 247 247 247 St Louis San Francisco & Texas P itt s b u r g h S h a w m u t & N o r th e r n & Seashore W est Jersey — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30—- — Month o f November-------- Jan. 1 to Nov. 30— 1922 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. S s ^ $ $ 8 $ $ 122,764 137,163 1,315,661 1,523,980 136,884 84,904 1,014,012 980,863 485,054 367,417 4,677,303 3,608,218 14,319 12,215 165,380 188,118 5,763 7,154 68,507 77,526 425.015 380.202 7.357,069 7,774,944 144,7 la 15b, 1,051,003 1,772,281 M5.634 94,600 1,122,560 1,085,618 988,365 802,665 13,047,297 12,205,974 28.630 58,103 321,225 439,599 26,120 234,734 24,693 313,288 148,211 1,870,114 1,841.421 177,087 23,385 21,654 253,684 318,123 28,352 475.840 49,475 443,557 192,426 186,658 2,302,698 2,285,211 3,722 3,769 40.505 37,365 18,243 1,282 1,188 16.358 154,027 183,905 12,506 13,950 58,601 59,049 632,330 844,305 60,014 40,667 487,866 494,132 465,896 5,867,052 6,098,927 485,455 121,715 149,494 1,322.642 1,714,437 101,739 1,289,173 1,349,052 905,102 852,048 10,672,616 10,772,964 ’ 141,916 23,003 6,794 228.961 57,844 — 7,139 — 166,613 — 263,434 3,718 — 49,383 273747681 1,433,010 83^263 1,864 1,990 20,507 20,993 2,235 2,251 24,489 24,739 853,421 711,611 15 107 1,086 893 59 1,586 366 60 026 781 21,124 4,697 207,368 35,958 1,424 — 9,390 — 192,688 — 288,173 721.033 83.203 — 49.409 1.520.479 — 4,olo — 19.099 — 40,112 — 284,902 23,666 — 9,085 — 148,819 — 169,251 62,127 — 57,859 1,276,890 508,121 134 134 134 134 210 210 210 210 359 359 359 359 S t L o u is S o u th w e s te r n System P o r t R e a d in g P e o ria & P e k in U n io n — Month o f November-------- Jan. 1 to Nov. 30— — Month of November-------- Jan. 1 to 1922. 1921. 1922. 1922. 1921. 1922. 1921. $ $ $ $ 146,760 125,903 1,195,233 31,058 9,967 183,089 154,268 2.315 1.123 39.569 22.296 189,547 173,689 1,651,811 148,082 1,679,380 1,547,509 178.756 22,726 16,462 209,537 34.099 222,969 28,806 289,555 4,640 10,707 117,520 54,500 156,363 374,565 16,830 229 230 2,519 3 070 1,161 516 56 68,542 60,522 601.766 48,836 705,126 781,506 72,195 98,162 89,371 950,576 144.703 1,252,874 1,458,453 127,634 91,385 84,318 701,235 51,122 89,056 3,379 4267506' 6,956 13,484 153,362 151,001 20,000 14,000 171,500 10,201 1,275 84,429 70,834 547,873 — 72,146 31.122 — 11.896 255.006 44,756 2,792 41,646 55,506 7,190 533,932 172,860 21 21 21 19 19 19 19 St Louis Southwestern Nov. 30—— Month o f November-------- Jan. 1 to Nov. 30— 1921. E A R N IN G S. 1922. 1921. 1922. 1921. S 1,630.544 1,419,075 14,519,232 13,529,603 1,500,212 reight revenue______ 154,984 157,295 1.411,450 1,660,580 assenger revenue___ 1,850,983 1.652,242 16,565,184 15,847,634 2,073.488 T ot., incl. other rev. 177,753 148,761 2,165,065 1,888,870 249,288 xpenses— Maint .way 360,883 148,724 2,486,072 2,353,161 92,173 Maint. of equipm’t 40,280 43,741 458,027 507,073 1,465 Traffic expenses___ 499,120 398,165 4,557,226 4,387,836 758.507 Transportation exp. 1.135,481 805,739 10,302,327 9.829.473 1,119,922 T o t.exp., incl. oth. 715,502 848,503 6,262,857 6,018,161 953,566 ret from railroad____ 84,611 90,427 818,481 743,720 152,839 'axes________________ 162 235 3,683 2,425 Incollectible revenue. 630,669 757,841 5,440,687 5,272.016 800,727 Net after taxes, &c_ 555,290 725,467 4,941,161 4,962,344 122,581 Jet after rents______ 968 968 968 968 21 ver. miles of r ’d oper. St Louis Southwestern B y of Texas Q u in c y O m aha & K a n sa s C ity P e rk io m e n — Month o f November— — Jan. 1 tc Nov. 30— — Month o f November-------- Jan. 1 to Nov. 30— — Month o f November-------- Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. 1922. 1921. E A R N IN G S . s s ^ $ S S S s 578,800 555,238 5,466,956 5,446,146 117,559 83,709 763,462 828,255 reight revenue______ 94,916 109,337 1,048,936 1,024.439 100,607 95,898 975,428 1,160,786 25,691 23,535 261,730 286,316 assenger revenue___ 5,832 7,533 89,678 107,930 727,229 683,396 6,882,975 7,079.971 151,908 116,998 1.127,335 1,210,431 T ot., incl. other rev. 104,769 120,826 1,179,551 1,176,418 101,797 171,747 1,805,476 1,773,585 29,247 36,356 331,438 387,663 6,154 7,368 xpenses— Maint. way 79,840 112,125 250,597 135,569 1,802,374 1,779,204 23,420 12,390 188,679 191,981 45,282 3,672 3,846 Maint. of equipm’t . 44,713 19.753 18,792 218,831 225,425 814 851 9,037 10,651 Traffic expenses___ 107 107 1,186 834 409,655 .336,528 3.572,232 3,625,783 18,652 74,272 560.784 658,802 43,219 473,569 Transportation exp. 445,168 38,689 808,814 691,706 7,727,883 7,787.107 63,777 1,111,931 1,274,787 136,497 610,244 T o t. exp. .incl.oth. 49,521 55,446 610,640 — 81,585 — 8,310 — 844.908 — 707,136 15,404 53,221 15,411 — 64,356 Tet from railroad____ 65,380 569,307 55,248 565,778 24,000 24,001 264,000 3,925 43,136 264,058 41,072 3,924 'axes________________ 9,692 84,339 4,812 55,770 16 207 1.045 1,007 6 93 534 incollectible revenue. - 3 2 ,5 1 8 - -1,109,953 — 972,201 49,290 — 27,825 — 105,962 — 105,601 11,487 Net after taxes, &c_ 50,436 55,688 513,537 481.439 — 14,919— 1.064,298 — 805.844 43,155 — 93,297 — 154,718 — 115,144 2,119 let after rents______ 449,542 420,041 45,633 50,764 807 807 807 807 252 252 252 252 41 ver. miles of r’d oper. 41 41 41 P ere M a rq u e tte EAR N IN G S. reight revenue______ assenger revenue___ T ot., incl. other rev. xpenses— Maint .way Maint. of equiprq’t . Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. et from railroad____ axes________________ ncollectible revenue. Net after taxes, &c_ fet after rents______ ver. miles o f r ’d oper. — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. i $ $ $ 326,993 3,420,598 415,769 713,117 45,934 1,373,714 2 661,736 758,862 155,972 7,734 595,156 419,742 2,212 370,486 4,495,206 5,508,076 3,313,806 35,007,603 35,655,935 419,013 4.138,233 4,249,868 675,801 6,852,441 7,472,496 563,321 40,949 526,485 1,347,030 13,345,729 14,237,942 2,577,662 26,113,588 27,736,998 736,144 8,894,015 7,918,937 193,626 1,618,367 1,315.057 12,043 385 4,364 542,133 7,263,605 6,599.516 339,753 5,786,758 5,567,180 2,222 2,231 2,217 R ic h m o n d F re d e rick s b & P o to m a c — Month of November-------- Jan. 1 to 1922. 1921. 1922. ^ s $ A H 077 O 2fi1 R 246,856 3,200,727 274^277 717,131 9,908,382 858,039 114,024 1,167,943 91,736 118,236 1,355,365 112,624 7,964 87,224 6,863 269,096 3,495,131 357,097 547,102 6,605,937 611,887 170,029 3,302,445 246,152 544,048 29,310 38,146 784 11 1 140,208 2.757,613 208,005 112,123 2,273,658 169,328 117 117 117 S t L o u is T r a n s fe r N ov. 30— — Month o f November— — Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. 1921. $ $ $ $ $ X 712 9RQ — — 3;303i503 68,420 77,431 683,108 1,030,425 9,130,413 Cr4,274 11,605 98,850 108,074 1,344,077 10,521 3,828 56,075 40,427 1,549,142 169 193 1,930 2,248 87,779 34,337 30,781 364,765 388,249 3,718,919 42,333 48,496 539,515 560,840 7,175,081 143,593 26,087 28,935 469,585 1,955,332 770 6,837 889 6,096 387,105 Crl 183 182 114 28,166 136,573 463,307 25,198 1,568,113 51,232 22,074 408,750 21,658 1,143,997 6 6 6 .6 117 12 RAILW AY EARNINGS S an A n t o n io & A ra n sa s Pass E A R N IN G S. Freight revenue---------Passenger revenue----T ot., incl. other rev. Maint. of equipm’t . Traffic expenses. _ Transportation exp_ Tot.exp.,incl.oth. Net from railroad-----Uncollectible revenue. Net after taxes, &c. Aver, miles of r’d oper. • Month o f November—- — Jan. 1 to — 1922. 1921. 1922. $ $ • S 394,346 435,124 4,140,895 72,786 67.829 804.635 514,408 535,128 5,307,190 91,524 983,593 78,981 121,330 108,714 1,215,047 104,812 8,518 9,450 192,157 218,461 2,197,683 421.539 449.781 4.77-4.7 3 92,869 85,347 532,467 20,588 13,937 156,998 120 203 3.331 72,161 37) .< 38 71.>07 80,503 67,916 279.578 739 739 738 116. S o u th e r n R a ilw a y S ystem Nov. 30— 1921. I — S 4,529,980 971,689 5,841,391 1,207.389 1,209,154 111,527 2,717.098 5.501,926 339,465 148,127 3.157 1XX 1X1 738 [ V ol. ( C o n c l . ) S o u th e r n P a c ific S ystem ( C o n c l New Orleans & N ortheastern RB Houston East & W est Texas Month o f November— • Jan. 1 to Nov. 30— — Month o f November-------- Jan. 1 to N ov. 30— 1922. ' 1921. 1922. 1921. 1922. 1921. 1922. 1921. 434,069 383,809 3,504,709 4,327,610 228,705 216,509 2,284,730 2,085,68 06,504 73 660 310 710 074357 43,081 40,415 460,295 521,48 6t>I ,8 /3 5u3,498 4,923 3^0 0,031,060 287,654 272,689 2,882,201 2,745,2S 89,069 82,895 766,328 972,210 692,2£ 38,742 543,299 62.858 110,997 98,637 1,147,298 1,166,582 36,878 596,625 361,5S 68,277 138,820 13,194 117.727 38,0513,808 38,249 3,359 3,144 227,277 271.942 2.312.578 2.9*7.856 109,572 109,714 1,122 098 1,117,63 453 k , i 4 ,Xbb >-3X 5.44S >'3 . 49X 223,490 219,659 2,366,251 2,287,63 108,382 3X2,975 515,950 457,66 0 ,333 3ob,b88 53 C30 64,164 404,266 324,903 77,020 57,76 31,358 60,447 11,635 12,138 1 .510 23 7,858 1,63 2,455 1,370 7 2,350 77.001 — 57.569 — 49.088 — 149.786 436,580 398,26 51,159 40,885 — 91.916 — 300,579 230,64 64,402 — 65,267 17,889 252,791 26,536 207 19 207 207 207 191 191 191 N orthern Alabama Louisiana W estern & G u lf — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to 1921. 1922 1921. 1921. 1922. 1921. 1922. 1922. 1922. S S $ * $ $ $ $ $ 704,345 674,043 130,125 67,465 1,127,874 641.253 232,712 2,649,178 303,444 263,274 192,960 140,200 12,147 11,736 128,586 82,347 80,855 943,669 962,670 1,088,564 145,091 81,446 1,286.398 809,777 413,942 337,941 3,861,511 177,293 168,414 Cr24,493 196,633 161,748 20,055 13,869 61,713 615,194 185,401 129,287 5,199 6,818 68,058 44,618 77,180 803,737 120,255 33,664 31,253 1,705 13.883 21,737 9,879 9,317 94,229 1,113 408,218 373,493 404.024 51.041 502.584 119,550 1,116,537 42,633 105,622 875.514 778.129 07 i ,' m3 81.820 270,146 *8.259 289,683 2,865,220 213,050 184.541 138,714 b3.*71 53,1X7 472,953 48,258 143,796 996,291 30,556 33,651 44,180 39,803 3,984 31,140 4,751 25,244 276,081 806 1.347 101 4 301 281 1,610 98.5X0 181.6X8 149.543 4*8.672 48.432 59,287 118,271 17,118 718,600 26.526 62,645 3,290 151,433 --- 43,402 105,435 4,431 717,845 29,558 317 317 110 110 110 207 207 110 207 S a n A n t o n io U valde E A R N IN G S. Freight revenue---------Passenger revenue— T o t., incl. other rev. Maint. of equipm’t . Traffic expenses— Transportation exp. Tot.exp.,incl.oth. Net from railroad-----Uncollectible revenue. Net after taxes. &c. Aver, miles of r'd oper — Month o f November— 1921. 1922. $ $ 47,392 49,895 15,944 17,829 71,686 73,384 17,210 26,776 13,284 24,381 2,940 2,351 35,834 24,740 77,824 84.047 — 4.446 — 12,361 2,814 4,001 1 206 — 8.647 — 15,176 — 19,750 317 317 S e a b o a rd A ir L in e E A R N IN G S. Freight revenue---------Passenger reven ue... T o t., incl. other rev. Maint. of equipm’t . Traffic expenses— Transportation exp. Tot .exp.,incl .oth. Uncollectible revenue. Net after taxes, &c. Net after r e n ts -------Aver, miles of r’d oper. — Month o f November— 1921. 1922. $ $ 3,066,120 2,604,999 742,091 686,761 4,223,461 3,608,176 275,761 596,881 664,729 892,197 106,347 127,844 1,518,374 1,619.344 3,328.691 2,827,398 894,770 780,778 175.000 150,000 827 0658 629.951 720,428 434,434 491,878 3,563 3,563 — Jan. 1 to Nov. 30— 1921. 1922. $ S 28,925,501 26,754,436 7,898,353 8,811.906 41,161,595 39,143,753 4,791,239 4,455,625 7,515,998 7,344,968 1,342,985 1,320,529 16,963,398 18,918,132 32,682,317 34.029,021 8,479,278 5,114,732 1,905,000 1.650,000 18,069 4,185 6,570,093 3,446,663 3,716,977 1,785,617 3,563 3,563 S o u th e r n R a ilw a y S ystem N ov. 301921. S 2,779,67 1,036,27 4,055,40 615,02 826,93 121,33 1,277,01 3,073,95 981,53 297,91 1,15 682,46 639,57 20 Morgan’s Louisiana & Texas B B S o u th e r n P a c ific S ystem Southern Pacific — Month o f November— — Jan. 1 to N ov. 3 0 — Month o f November— — Jan. 1 to N ov. 30— 1921. 1921. 1922. 1922. 1921. 1921. 1922. 1922. $ $ % $ 11,258,610 9,924,793 110919,067 14146,513 734,549 645,118 5,287,574 5,773,49 3,447,995 3,201,387 40,569,395 44.585,806 142,736 1,646,153 1,793,90 139,131 16,617,029 14,698,065 167895,320 176749,357 934,477 843,685 7,511,244 8,103,83 2,088.316 2,373,124 21,820,917 25,022.751 158,733 183,563 1,550,942 1,874,53 2,930,052 2,415,230 28,885,576 29,133,558 250,336 212,331 1,829,130 1,792,63 262,884 184,916 2,640,182 2,348,968 16,876 14,776 169,215 187,98 4,886,768 5,259,765 55,526,725 64,354,648 333,281 328,587 2,955,163 3,462,91 10.895,103 10,884.650 116,7 03.985 129033,053 795,044 774,533 6,917,354 7,718,17 69,152 5,721,926 3,813,415 51,191,335 47,716.304 139,433 593,890 385,66 1,500.193 1,554,690 13,811 .188 11,866,772 55,040 519,258 34,784 461,05 10,450 2,339 60,048 43,270 186 561 2,067 2,77 84,207 33,807 4.219.394 2,248,275 37,3*0.099 35.806,259 72,565 — 78,16 37,920 10,313 — 120,083 — 363,43 4,425,355 2,021.921 36,238,879 33,471,700 400 400 7,110 7,118 7,110 400 40 7,116 Texas & New Orleans Arizona Eastern Bailway — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— Jan. 1 to Nov. 30— 1921. 1921. 1922. 1922. 1921. 1922. 1921. 1922. 1921. 1922. S $ * S $ $ $ • S 79,991,458 78,783,684 238,400 147,721 2,444,762 1,915.344 581,014 557,959 5,793,563 5,791,75 Freight revenue---------27,144,261 29,437,278 310,164 29,167 25,131 386.817 144,026 136,024 1,667,972 1,686,87 Passenger revenue— 16265,555 118210,892 790,135 285,416 193,871 2,878,000 2,508,850 742,434 7,961,837 7,926,49 T ot., incl. other r3v. 16,100,345 17,961,211 167,101 1,744,096 1,710,93 368,859 467,459 223,631 27,546 32,451 19,734,209 21,797,408 108,019 193,472 1,895,700 2,184,76 29.399 29,856 336,267 439,929 Maint. of equipm’t . 2,266,479 2,356,398 17,188 34,739 9,541 125,407 123,38 Traffic expenses... 3.164 3,649 40,188 45,999,622 51,381,088 Transportation exp. 259,038 3,079,165 3,293,91 815,213 330,143 67,401 76,685 944,955 88,418.450 98.208.829 14 5.623 709,688 661,167 7,182,755 7,655,43 163,817 1,765.991 2,157,384 Tot .exp., incl. oth. 27,847.105 20.002,063 80,447 81,267 779,082 271,06 3ol ,4t 6 139.793 30,054 1,11 ,009 Net from railroad-----5,258,107 4,125,135 51,204 17,598 291,612 267,060 247,684 203,95 24,391 24.470 79.884 65,115 914 558 3,735 5,91 Uncollectible revenue. 39 Cr79 233 2,400 22.509.114 15,811,813 101.3X2 28,329 844,716 63,111 483,735 61,19 115 363 5.663 Net after taxes, &c. 17,980,555 12,165,835 2,210 17,445 116,721 — 297,86 685,8>)3 — 5,153 101,317 — 2,046 6,971 6,971 507 507 507 47 382 Aver, miles of r’d oper. 382 382 382 Alabama Great Southern A tlantic Steamship Lines S p o k a n e I n t e r n a t io n a l — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to N ov. 301921. 1921. 1921. 1922. 1922. 1922. 1922. 1921. 1921. 1921. E A R N IN G S. 1922. 1922. $ it S $ * $ * S S S $ 656,382 666,566 5,549,440 6,321,535 1,038,163 109,033 102,063 903,709 979,33 948,592 9,769,685 8,601,413 Freight revenue---------146,892 1,655,801 1,868,461 148.365 158,962 23,335 14,064 171,37 Passenger revenue— 578,727 47,615 51,185 648,713 859,561 7,657,593 8,713,292 1,149,671 1,057,650 10,908,189 9 ,7 6 9 ,'5 1 850,618 138,269 122,196 1,118,763 1,203,84 T ot., incl. other rev. 960,390 1,222.310 92,626 25,121 100,646 15,113 163,661 13,447 264,63 14,135 146,551 162,050 158,396 180,481 1,552,317 1,793,871 9,979 11,190 96,586 100,16 303,920 Maint. of equipm’t290,055 2,278,477 2,401,682 249,179 27,798 196,876 2,817 18,181 34,244 3,094 33,87 Traffic expenses— 188,300 17,867 16,465 21.5,413 270,802 421,487 2,971,171 4,104,023 37,760 39,703 381,290 Transportation exp. 403,69 647,888 603,359 6,277,517 6,121,502 758.936 6.007,006 7.721,241 75,248 84,046 749,334 Tot.exp. .incl.oth. 576.949 876,68 947,316 9,218,065 9,181,873 1,009,843 992,051 63,021 38,150 369,429 273.669 100,625 1,650,587 327,16 110,334 1,690,124 587,681 139,828 291,456 26,683 442.137 9,357 61,900 33,462 6,964 83,21 130,172 127,709 11,231 11,964 2 37 3,780 2,333 7 75 3 238 6,796 705 Uncollectible revenue. 1,204,670 698.262 56,057 28,791 307,454 240,200 73,905 243,92 98,370 1.555.619 128,359 456,8 > 4 Net after taxes, &c. 717,394 21,737 49,677 235,764 62,689 1,188,597 233,188 172,93 98,370 1,557,979 347,111 128,359 313 165 165 165 318 313 318 16 Aver, miles of r’d oper. Cincinnati New Orleans & Texas Pacific Galveston Harrisburg & San A ntonio S p o k a n e P o r t la n d & S ea ttle — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to Nov. 3 0 1921. 1921. 1922. 1922. 1921. 1921. 1922. 1922. 1921. 1921. 1922. 1922. E A R N IN G S. S $ S $ $ S $ $ S $ S $ 486,736 467,806 4,466,943 4,969,28 1,346,348 1,062,998 11,347,890 11,648,572 1,493,964 1,614,496 14,869,421 16,749,080 259,324 2,954.957 3,229,405 113,357 1,562,905 1,688,00 280.598 130,414 366,389 355,074 4,111,424 4,867,177 Passenger revenue— 680,589 648,493 6,666,178 7,295,97 1,701.654 1,393,571 15,067,631 15,804,032 1,989,897 2,089,180 20,117,305 23,123,085 81,251 71,813 646,193 195.602 187,147 1,835,321 2,191,813 312,182 435.300 3,643,984 4,465 015 853,93 99,092 65,576 996,928 420,282 420,864 3,918.793 3,978,366 977,52 488,308 489,299 4,059,271 4,787,997 Maint. of equipm't. 332,829 9,729 9,254 111,059 30,133 37,477 311,921 98,17 33.862 32.404 410,479 490 412 Traffic expenses___ 199,934 198,516 2,203,407 2,460,45 576.347 563,804 5,556,113 6,621.015 884,961 792,386 8,018,688 8,961,740 Transportation exp. 382,535 4,274,747 4,724,41 409,008 1,271.731 1,267,272 12,178,338 13,700.722 1,767,038 1,841,108 16,976,061 19,718,694 T o t. exp. .incl .oth. 271,581 265,958 2,391,431 2,571,55 126,299 2,889,293 2,103,310 429,923 222,859 248,072 3,141,244 3,404,391 95,000 575,050 40,000 832,800 735,835 63,290 974,03 50,471 98,625 40,886 627,620 462.471 3,474 61 16 6,473 1,086 81 8,38 28 374 431 11,988 8,498 Uncollectible revenue. 231,520 170,942 1,557,545 1,589,13 123,860 379,424 62.928 2.146.985 1.524.786 206,755 2,501,636 2,933,482 Net after taxes, &c_ 154,706 1,440,230 1,445,78 213,484 101,164 1,469,610 1,709,953 246,463 119,673 158,434 1,802,778 2,032,933 551 549 338 551 338 1,379 54 338 1,380 1,379 1,380 338 Aver, miles of r’d oper. Georgia Southern & Florida Houston & Texas Central S ta te n Is la n d R a p id T r a n s it — Month o f November— — Jan. 1 to Nov. 30— — Month o f November— — Jan. 1 to N ov. 30— — Month o f November— — Jan. 1 to N ov. 3 0 1922. 1921. 1921. 1922. 1921. 1921. 1922. 1921. 1922. 1922. 1921. 1922. E A R N IN G S . * 3 $ 8 $ $ $ $ $ S S $ 77,621 94.536 827,564 1.064,844 1,132,165 9,617,822 9,478,278 943,09 262,456 2,691,506 2,811,631 238,907 919,219 83,657 80,834 1,125,015 1,142,77 290,101 346,670 3,206,082 2,876,038 111,438 82,311 1.097.398 Passenger revenue— 193,571 2,228,610 2,329,71 184,475 384,280 381,349 4,114,956 4,122,626 1,451,496 1,571,653 13,687,440 13,067,576 54,817 34,064 555,189 503,95 689,648 884,035 309,450 309,532 2,550,048 3;219,875 68.214 77,051 31,779 21,057 369,348 724,259 274,22 857,627 80,010 74,085 277,252 227,725 2,605,212 2,014,446 Maint. of equipm’t1,575 22,050 2,115 20,94 8.044 95,550 101,978 8,783 22,704 21,577 261,539 234,917 Traffic expenses___ 111,247 113,303 1,304,909 1,382,93 193.104 1.789,235 2,320,151 522,319 551,697 4,690 304 4,836,670 155,828 Transportation exp. 192,319 203,982 2.400,566 2,337,11 306,080 3.403 352 4.313,308 1,175.268 1.140,433 10,556,225 10,672,068 3 '7.735 Tot.exp.,incl.oth. — 10,411 — 171.956 — 7,844 — 7,39 l4,6t>9 051,604 — 190,682 276,228 431,220 3,131,215 2,395,508 0 0 ,5 4 0 17,000 23,000 196,000 168,94 18.660 17,082 191.926 188,431 67,862 41,676 510,963 391,895 1,388 3,997 191 9,83 2.051 8 12,028 14C 713 167 7,405 2,371 Uncollectible revenue. — 31,035 — 28,799 — 371,953 — 186,17 3 - S3 t — •*.‘>21 447,650 — 379.256 389,377 2,612,847 2,001,242 207,653 Net after taxes, &c. — 49,101 — 41,838 — 525,775 — 314,93 294,307 2,179,034 1,452,650 39,209 — 32,020 297,562 — 619,717 138,753 Net after rents. — 23 23 23 2 932 932 932 402 932 402 402 402 Aver, miles of r’d oper. E A R N IN G S. Southern — Month o f November— 1921. 1922. 8.786,056 7,959,317 2,442,848 2,352,738 12,176,616 11,159,256 1,588,957 1,451,598 2,016,224 1,855,856 191,312 204,156 4,574.603 4,335,624 8.769.335 8,238.508 3,407.281 2,920,748 397.739 530,430 3.252 5,199 2,871.652 2,519.757 2,466,601 2,366,608 6,971 6,971 J a n ., 1923.] 1 to 1922. s 1 .6 8 7 .6 6 1 4 4 7 ,8 5 5 Nov. 1921. $ 1 3 2 .8 8 2 4 3 ,7 0 4 30— 1921. S 1 .4 7 9 .7 3 4 5 5 8 ,6 0 0 U nion Pacitic — Month o f November-------- Jan. 1922. 8 .4 0 0 .8 1 7 1 .3 4 7 ,9 0 5 1921. 7 .0 5 5 .2 7 0 1 ,3 2 1 ,7 1 2 1922. 7 3 ,7 1 1 .3 1 7 1 5 ,9 1 0 ,6 6 6 2 2 8 .8 5 0 3 6 ,7 5 5 4 6 .2 2 0 5 ,5 5 8 1 0 2 ,5 2 9 issenger revenue___ T ot., incl. other rev. xpenses— Maint.way Maint. of equipm’tTraffic expenses___ Transportation exp. Tot.exp.,incl.oth. et from railroad-----axes_______— _ _ ncolleetible revenue. Net after taxes, &c_ et after rents— ver. miles of r’d oper. W abash U n io n P a c ific S ystem T e n n e sse e C e n tra l 1922. $ 1 7 8 .5 1 2 3 7 .1 3 6 1 8 9 ,5 2 7 4 6 ,3 0 8 4 5 ,8 1 8 5 ,0 6 1 9 5 .6 8 5 2 ,2 9 2 ,2 6 6 3 9 4 .9 6 9 3 6 3 ,6 9 1 6 1 ,2 4 8 1 ,1 4 7 ,9 0 8 2 ,1 7 0 ,2 3 7 4 9 8 ,8 4 3 4 6 0 .1 5 2 5 3 ,7 8 3 1 ,1 4 1 ,1 6 4 1 0 ,6 3 4 ,3 5 3 7 5 8 ,5 6 0 2 ,1 4 1 ,9 6 8 1 4 1 ,6 0 8 3 ,2 6 1 ,7 6 3 9 ,7 3 2 ,8 4 3 1 ,6 0 1 ,9 2 9 2 ,0 6 5 ,9 5 6 1 3 2 ,2 9 2 2 ,9 5 2 ,9 0 8 — Month o f November— — Jan. EAR N IN G S. EAR N IN G S. 13 RAILW AY EARNINGS to Nov. 1 30— 1921. 7 8 ,5 4 7 ,8 8 6 1 8 ,1 4 3 ,7 0 2 — Month o f November-------- Jan. 1 to Nov. 3 0 — 1922. ' 1921. 1922. 1921. s 3 ,8 7 8 ,0 8 7 7 0 1 ,4 5 9 s 3 ,7 2 7 ,4 2 8 7 0 9 ,9 5 5 s 4 0 ,3 6 9 ,4 7 8 8 ,2 7 3 ,7 6 9 s 4 2 ,3 9 3 ,2 5 5 9 ,1 5 2 ,3 1 5 9 8 ,3 3 5 ,4 4 9 1 0 6 4 1 4 .5 2 3 1 1 ,4 7 4 ,9 6 1 1 2 ,0 3 2 .7 2 7 2 0 ,3 6 4 ,4 6 0 2 1 ,0 8 6 ,3 2 5 1 ,4 8 5 ,1 1 8 1 ,5 7 3 ,1 2 5 2 8 ,7 9 0 ,0 7 8 3 1 ,4 2 0 ,9 0 3 5 ,0 8 5 ,5 7 2 7 0 9 ,0 8 7 1 ,4 7 0 ,3 5 9 1 2 3 ,2 5 5 1 ,9 3 9 ,2 9 5 4 ,7 8 7 ,2 9 4 6 1 5 ,4 9 7 9 6 0 .5 6 2 1 0 8 ,3 7 3 2 ,0 4 8 ,4 5 3 5 2 ,8 2 7 ,4 5 0 7 ,7 2 9 ,0 5 0 1 1 ,1 7 1 ,2 3 7 1 ,2 6 6 ,5 6 4 2 2 ,1 0 9 ,2 1 6 5 4 .7 6 9 ,8 6 1 8 ,6 3 6 ,1 5 7 1 0 ,9 3 5 ,7 0 5 1 ,2 2 8 ,9 1 8 2 3 ,3 6 7 ,1 6 6 2 0 1 ,1 2 9 2 0 3 ,0 8 1 2 ,1 2 5 .7 3 6 2 ,2 7 5 ,3 0 5 6 ,7 6 1 ,3 3 3 7 ,0 4 3 ,9 5 8 6 7 ,3 4 7 ,8 8 6 7 1 ,6 9 8 ,5 5 7 4 ,4 0 2 ,0 9 6 3 ,9 0 3 .3 0 4 4 4 ,1 2 7 .3 0 1 4 6 .3 7 6 ,6 2 1 — 2 7 ,7 2 9 5 ,1 5 3 3 — 1 3 ,5 5 4 302 1 ,1 6 3 — 1 6 6 ,5 2 0 4 9 ,6 0 1 2 ,2 5 5 — 1 0 5 ,0 6 8 4 1 ,0 1 8 1 ,6 3 5 3 ,8 7 3 ,0 2 0 5 8 7 .2 8 1 414 2 ,6 8 8 ,8 8 5 6 2 7 ,8 5 5 0 4 ,2 9 7 3 0 ,9 8 7 ,5 6 3 6 ,3 9 1 ,2 3 1 5 ,2 3 2 3 4 ,7 1 5 ,9 6 6 6 ,0 1 2 ,6 7 1 7 ,7 9 5 6 8 3 ,4 7 6 1 8 8 ,5 5 7 641 8 8 3 ,9 9 0 1 8 1 ,6 2 3 294 8 ,7 0 0 .1 4 9 2 ,0 7 4 ,1 1 9 2 3 ,2 9 1 8 ,3 9 3 ,2 4 0 1 ,6 7 8 ,8 6 3 2 ,8 3 9 — 2 2 ,5 7 3 — 1 5 .0 1 9 — 1 1 4 ,6 7 4 — 1 4 7 ,7 2 1 3 .2 8 5 ,3 2 5 2 ,0 6 5 ,3 2 7 2 4 ,5 9 1 ,1 0 0 2 8 ,6 9 5 ,5 0 0 4 9 4 ,2 7 8 7 0 2 ,0 7 3 6 .6 0 2 .7 3 9 6 .7 1 1 ,5 3 8 — 9 ,1 8 0 292 — 3 4 ,8 7 6 292 — 3 4 6 ,3 5 9 292 — 3 5 2 ,9 8 8 292 3 .1 7 5 ,0 2 7 3 ,7 0 7 1 ,7 7 9 ,1 6 7 3 ,6 6 0 2 4 ,0 3 7 .7 0 5 3 ,6 9 2 2 6 ,4 2 5 ,7 9 5 3 ,6 1 8 1 6 8 ,2 7 8 2 ,4 7 2 4 3 5 ,9 2 2 2 ,4 7 2 3 ,6 5 1 .1 8 2 2 ,4 7 2 3 ,9 9 5 ,8 2 8 2 ,4 7 2 Oregon Short Line T erm in a l R R A s s o c ’ n o f St L o u is Terminal Railroad Association of St Louis — Month o f November-------- Jan. 1 to Nov. 3 0 — 1922. 1921. 1922. 1921. — Month o f November-------- Jan. 1 to Nov. 3 0 — 1922. ___ reight revenue assenger revenue___ T ot., incl. other rev. xpenses— Maint.way Maint. of equipm't. Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. Tet from railroad____ 1921. 1922. $ 2 .9 3 2 .5 1 0 4 2 3 ,1 3 2 1921. $ 2 .6 6 4 .5 5 6 4 1 1 .1 0 7 $ 2 5 .9 5 7 .7 1 2 5 ,0 6 1 .0 9 4 W e s te r n M a ry la n d — Month o f November-------- Jan. 1 .7 3 4 .6 9 5 6 9 ,7 5 0 1921. s 1 .2 5 1 .4 0 2 7 3 ,1 8 8 1 to Nov. 3 0 — 1922. 1921. s s 1 4 .7 7 6 ,8 4 7 1 4 ,2 5 9 ,8 1 4 1 ,6 7 5 ,2 7 6 8 9 0 ,9 7 1 1922. s $ 2 5 .5 7 6 .5 9 7 5 ,6 4 6 ,8 8 8 3 8 8 ,5 5 8 0 1 2 .1 4 2 5 3 ,0 8 4 1 .0 3 5 2 0 2 ,8 8 6 4 ,1 1 2 ,0 8 3 8 0 0 ,8 7 4 4 6 6 ,6 0 5 1 1 ,5 8 4 1 ,4 5 1 ,5 7 0 4 ,1 5 7 ,7 1 8 9 6 7 ,5 4 3 3 9 5 ,8 8 6 1 0 ,8 5 4 1 ,4 7 6 ,3 0 7 3 ,6 1 8 ,8 8 6 3 3 6 ,9 9 5 5 6 7 ,7 2 2 3 7 ,7 7 5 1 ,1 5 4 ,9 9 1 3 ,4 0 2 ,3 2 0 5 5 4 ,5 2 9 6 0 0 ,1 4 8 3 7 ,0 1 0 1 ,0 2 8 ,4 5 7 3 3 ,4 5 6 ,4 7 9 4 ,9 1 9 .6 7 4 6 .1 0 3 .7 9 6 4 8 1 ,1 3 9 1 1 ,1 1 7 ,7 5 4 3 3 ,9 7 5 ,0 1 4 5 .5 0 0 ,1 7 2 6 ,3 7 3 ,9 8 1 4 7 4 ,5 5 3 1 0 .9 4 7 ,9 4 5 1 ,9 1 2 ,7 4 7 3 3 7 ,9 1 4 4 8 1 ,1 3 6 3 6 ,5 9 2 6 6 8 ,0 5 0 1 ,3 8 8 ,4 2 0 1 8 4 ,8 0 3 2 7 1 ,3 3 0 2 9 ,1 8 6 4 6 2 ,8 9 9 1 6 ,7 6 9 .8 7 3 2 ,4 0 0 ,9 9 4 3 ,6 7 6 ,6 7 1 3 8 5 ,8 0 8 6 ,0 1 3 ,0 3 2 1 6 .2 1 6 ,8 3 2 2 ,0 7 4 ,0 0 7 3 ,6 4 4 ,9 8 6 3 1 7 ,0 9 7 5 ,9 6 2 ,4 7 2 2 2 7 ,8 8 3 2 4 9 ,8 8 3 2 ,8 2 6 ,6 8 1 2 .9 8 8 ,3 5 1 2 ,2 7 0 ,7 8 8 2 ,3 9 1 ,3 5 4 2 4 .5 4 7 ,8 8 5 2 5 .2 8 9 ,3 4 6 1 ,5 8 8 ,7 1 3 1 ,0 0 7 .5 4 3 1 3 .2 1 6 ,1 4 9 1 2 ,7 6 0 ,8 8 4 1 6 0 ,6 7 5 6 7 ,0 8 4 576 Uncollectible revenue Net after taxes, &c 3 7 9 ,0 3 0 7 8 .2 7 4 3 5 ,6 6 5 934 1 2 4 ,5 7 1 1 2 9 ,1 4 7 6 0 ,2 3 1 1 ,2 8 5 ,4 0 2 6 2 8 ,8 1 4 1 ,3 6 8 1 ,1 7 2 ,3 6 7 6 5 9 ,2 4 1 81 1 ,3 4 8 ,0 9 8 2 4 8 ,8 8 1 463 1 .0 1 0 .9 6 6 3 1 1 ,7 8 2 1 ,3 4 2 8 ,9 0 8 ,5 9 4 2 ,9 7 3 ,1 3 1 6 ,5 9 1 8 ,6 8 5 ,6 6 8 3 ,0 7 8 ,1 5 7 3 ,8 7 3 3 2 4 ,0 3 4 6 0 ,0 0 0 3 8 0 .8 7 7 6 0 ,0 0 0 3 ,5 5 3 ,7 2 4 5 5 0 ,0 0 0 3 .4 5 5 ,9 4 8 7 1 3 ,7 3 1 9 3 ,0 1 5 .ver. miles of r’d oper. 6 8 ,9 1 6 6 5 5 ,2 2 0 5 1 3 ,0 4 5 1 .0 9 8 .7 5 4 6 9 7 ,8 4 2 5 ,9 2 8 ,8 7 2 5 ,6 0 3 ,6 3 8 2 6 4 ,0 3 4 3 2 0 ,8 7 7 3 ,0 0 3 .7 2 4 2 ,7 4 2 ,2 1 7 2 4 2 ,6 6 0 37 1 9 9 ,8 2 5 37 1 ,9 3 7 ,5 4 0 37 1 .8 0 3 ,0 5 8 37 1 ,0 6 8 ,3 4 3 2 ,3 6 6 6 2 6 ,3 1 2 2 ,3 5 9 5 ,6 6 1 ,8 8 4 2 ,3 6 1 4 ,9 9 3 .3 0 3 2 ,3 5 9 2 7 4 .2 4 3 804 2 9 9 ,8 3 7 804 2 ,8 1 5 ,0 9 4 804 2 ,7 7 7 ,8 9 7 800 St Louis M erchants Bridge Terminal — Month o f November ----------- Jan. 1 to Nov. 3 0 — 1922. S EAR N IN G S. 'reight revenue . . . . 'assenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp. T ot.exp., incl.oth. let from railroad____ Taxes _ ___________ Tncollectible revenue. Net after taxes, &c let after rents tver. miles of r’d oper. 1921. $ 1922. $ Oregon W ash in gton R R & Navigation — Month o f November— - Jan. 1 to N ov. 3 0 — — 1921. $ W e s te r n P a c ific — Month o f November----------- Jan. to N ov. 1 30— 1921. 1922. s 1 .7 5 6 .0 7 8 4 4 9 ,3 2 3 1921. S 1 .7 9 5 .6 0 2 4 2 0 ,3 0 8 1922. S 1 8 .2 9 1 .5 6 9 5 ,2 2 7 .2 2 9 1921. S 1 9 .1 6 3 .6 9 3 5 ,7 7 4 ,7 1 1 1922. 1921. 9 7 2 .1 5 9 1 1 8 .8 6 0 6 9 9 .6 2 6 1 2 0 ,2 5 4 8 .6 3 0 .0 5 1 2 ,0 3 6 ,4 1 7 8 .3 8 6 .7 1 8 2 ,2 0 8 ,6 7 0 1 ,1 7 3 ,5 1 7 1 5 8 ,4 5 1 3 0 8 ,0 1 9 3 4 ,2 7 9 4 1 4 ,3 7 2 9 0 6 ,2 5 1 1 5 6 ,5 1 7 2 0 0 ,7 0 2 2 7 ,4 5 5 3 5 3 ,1 8 9 1 1 ,4 7 2 ,5 3 7 1 ,8 6 3 ,1 2 2 2 ,0 1 1 ,4 8 9 3 6 2 ,9 6 1 4 ,1 6 9 ,2 9 1 1 1 ,3 2 5 ,4 0 1 2 ,0 1 5 ,4 8 1 2 ,1 7 3 ,5 9 3 3 4 5 ,9 2 4 4 ,2 4 2 ,4 4 1 s s 1922. s s 4 4 3 ,6 3 0 8 4 .0 9 0 2 6 .5 4 8 912 3 0 5 ,3 5 7 3 1 9 .2 6 1 4 4 ,2 8 4 2 4 ,6 8 0 926 1 5 6 ,6 2 5 3 ,6 8 8 ,3 6 6 4 9 7 .2 0 1 3 0 8 ,3 9 2 1 0 ,2 7 6 1 ,6 8 7 ,8 8 9 3 ,3 6 6 ,6 7 2 5 2 4 ,6 4 5 2 6 3 ,2 3 3 1 0 ,7 6 7 1 .7 9 8 .9 3 0 2 ,4 4 2 ,3 9 4 5 0 7 .5 1 1 3 8 5 ,6 4 9 5 5 ,9 5 3 1 ,0 7 4 ,2 4 1 2 ,5 3 4 ,3 0 5 3 5 4 ,5 6 3 4 1 9 ,3 8 6 5 4 ,8 8 1 1 ,1 0 8 ,0 5 9 2 5 ,8 4 5 ,1 2 7 5 ,6 8 6 ,6 5 7 4 ,7 4 5 ,3 6 1 6 5 1 ,0 6 4 1 1 ,4 0 0 .3 0 0 2 7 .3 3 1 ,8 4 0 5 ,7 3 3 .1 3 8 4 ,6 3 2 ,7 2 7 6 5 5 ,5 5 7 1 1 ,4 1 4 ,2 9 9 4 2 2 ,7 2 6 2 3 3 .1 5 3 2 ,5 5 7 ,0 5 9 2 .6 7 1 ,6 9 5 2 ,1 8 3 ,1 4 0 2 ,0 9 8 ,3 4 9 2 4 ,1 8 6 ,4 6 9 2 4 ,2 7 8 ,5 6 8 8 6 3 .8 1 1 7 8 2 ,1 5 3 9 .0 3 7 .3 7 3 9 .4 1 9 ,1 8 0 2 0 ,9 0 4 4 6 ,1 6 4 29 8 6 ,1 0 8 1 3 ,6 6 2 6 9 4 ,9 7 7 1 8 7 ,0 2 2 211 2 5 9 ,2 5 4 1 8 0 ,9 5 1 308 4 3 5 ,9 5 6 1 8 0 ,6 9 3 147 1 ,6 5 8 ,6 5 8 1 ,9 9 2 ,2 7 7 1 ,0 2 6 3 ,0 5 3 ,2 7 2 2 ,0 4 6 ,9 1 3 1 ,5 5 8 3 0 9 ,7 0 8 6 9 ,6 0 1 241 1 2 4 ,0 9 8 1 0 9 ,7 1 4 13 2 ,4 3 5 ,1 6 4 8 9 2 ,7 0 9 879 1 .9 0 6 ,2 2 1 9 7 8 ,7 8 1 939 2 5 5 ,1 1 6 — 3 3 4 ,6 4 5 1 ,0 0 4 .8 0 1 2 3 9 ,8 6 6 1 4 ,3 7 1 1 .5 4 1 ,5 7 6 9 2 6 ,5 0 1 1 6 0 ,7 4 7 -- 1 , 2 4 7 , 4 3 8 2 ,2 3 0 2 ,2 1 8 — 7 3 ,5 3 1 2 ,2 2 3 2 8 0 ,8 0 9 1 ,0 4 5 6 6 ,9 5 2 1 ,0 4 1 1 ,7 3 8 ,9 8 1 1 ,0 4 4 1 .3 1 6 ,8 9 8 1 ,0 1 4 1 ,1 3 1 ,3 0 7 " 2 4 8 ,7 5 2 309 — 2 5 ,2 8 9 7 2 .4 4 6 8 8 2 ,2 4 6 5 0 7 ,7 4 4 7 7 ,9 9 5 — 2 5 ,6 8 6 9 9 0 ,0 6 2 9 1 .0 0 8 ,0 0 8 9 6 8 4 ,4 6 3 9 — 1 4 ,6 6 7 2 ,2 3 7 T exas & P a c ific — Month of November— — Jan. 1922. $ 2 ,2 5 5 ,0 6 8 6 0 8 ,8 4 7 1 tc Nov. 3 0 — 1922. 1921. s 8 1 9 ,4 1 3 ,8 9 1 2 2 ,2 5 5 ,0 4 9 6 .5 5 7 ,3 4 9 7 ,9 9 5 ,1 7 2 3 ,0 7 6 .4 2 1 3 9 3 ,3 9 9 4 9 5 ,7 2 1 4 7 ,1 1 9 1 ,0 3 8 ,7 9 5 2 8 ,1 1 3 ,7 4 4 4 ,6 7 8 ,9 2 2 5 ,8 7 2 ,9 9 0 5 3 8 ,0 7 8 1 0 .6 7 4 .2 4 5 2 ,5 4 9 ,1 0 1 2 ,1 6 0 ,7 7 2 5 2 0 ,4 8 1 7 7 ,5 1 7 3 ,5 9 3 9 1 5 ,6 4 9 1 1 0 ,0 0 0 1 ,4 2 6 4 3 9 ,3 7 1 2 9 3 ,9 9 1 1 ,9 5 2 height revenue___ ’ assenger revenue_ _ T ot., incl. other rev. Sxpenses— Maint.way Maint. ofequium’t . Traffic expenses_ _ Transportation exp Tot.exp.,incl. oth. 'let from railroad____ faxes . _ ____ Jncollectible revenue. Net after taxes, &c_ 'Tet after rents___ _ Vver. miles of r'd oper. 1921. $ 2 ,2 6 8 ,9 3 6 6 0 4 ,5 8 7 3 ,0 6 9 ,5 8 2 4 0 2 ,6 4 6 6 8 0 .3 3 2 5 2 ,0 3 3 1 ,1 7 9 ,3 8 3 EAR N IN G S. 1922. s 2 5 9 ,8 0 8 2 6 ,4 4 6 1921. s 2 1 8 ,3 4 7 2 3 ,8 1 2 1922. s 2 ,4 2 9 ,0 4 9 2 8 1 .3 2 5 30— 1921. s 2 ,5 9 0 ,5 7 1 3 2 6 ,4 1 8 3 2 ,5 2 2 ,1 5 6 5 ,3 0 3 ,2 8 2 6 ,1 6 9 ,2 2 7 5 6 4 ,0 3 2 1 2 ,7 0 7 ,8 9 4 3 0 6 ,2 1 7 6 6 ,7 8 4 5 4 ,2 9 6 2 ,6 7 7 1 2 3 ,6 8 9 2 5 7 ,3 3 7 5 7 .7 2 9 4 3 ,4 8 0 1 ,6 7 6 1 1 9 ,1 4 7 2 ,9 0 0 ,4 5 8 5 4 9 ,8 8 2 5 6 4 ,7 9 2 2 8 ,3 2 6 1 ,2 7 1 ,1 9 5 2 3 ,1 1 1 ,9 1 9 2 6 .2 0 5 ,1 2 7 2 6 2 ,8 0 5 2 3 4 ,4 7 4 5 ,0 0 1 ,8 2 5 1 ,1 5 2 ,8 8 2 6 ,4 0 1 6 ,3 1 7 ,0 2 9 1 ,3 3 3 ,3 1 2 9 ,8 5 1 4 3 ,4 1 2 1 6 ,1 9 1 2 2 .8 6 3 2 2 ,8 3 8 8 0 4 ,2 2 3 3 ,8 4 2 .5 4 2 4 ,9 7 3 ,8 6 6 2 7 ,2 2 1 6 9 9 ,3 8 5 1 ,9 5 2 2 ,9 7 9 ,5 9 2 1 ,9 5 2 3 ,9 0 5 ,7 2 7 1 ,9 5 0 1 9 ,9 3 1 258 T o le d o St L o u is & 30— 1921. 1 ,4 9 5 ,0 8 6 7 3 2 .6 9 9 1 ,3 2 4 ,8 9 5 7 7 9 ,8 6 4 3 ,1 0 4 ,9 6 5 6 4 8 ,0 7 9 5 3 5 ,8 6 4 2 8 ,6 6 3 1 ,3 6 3 ,2 8 3 2 9 1 ,4 8 1 3 9 .7 5 0 4 8 ,0 8 3 8 ,6 1 6 8 2 ,1 6 5 1 9 9 ,4 5 1 3 4 ,5 4 7 5 1 ,2 8 5 8 ,7 2 0 7 1 ,7 3 8 2 ,4 8 7 ,8 5 2 3 0 4 ,9 1 3 5 0 5 ,9 8 3 9 3 ,6 5 9 7 9 3 ,7 2 3 2 ,3 2 9 ,2 0 7 3 4 3 ,6 1 4 6 0 4 ,3 9 0 8 8 ,3 0 6 8 2 4 ,2 1 6 2 ,5 4 8 ,8 8 4 2 .7 2 8 ,5 2 8 1 9 2 ,2 2 2 1 7 9 ,8 4 8 1 ,8 4 9 ,0 3 9 2 ,0 1 6 ,1 8 3 3 5 1 ,5 7 4 1 8 4 ,6 1 8 498 3 7 6 ,4 3 7 1 5 6 .2 3 9 2 ,0 1 7 9 9 ,2 5 9 1 9 ,3 9 4 1 9 .6 0 3 1 2 ,2 4 0 145 6 3 8 ,8 1 3 1 4 5 ,5 5 7 413 3 1 3 ,0 2 4 9 1 ,6 0 3 163 25 1 6 6 ,4 5 8 2 1 8 ,1 8 1 7 9 ,8 6 5 7 ,2 1 8 4 9 2 .8 4 3 2 2 1 ,2 5 8 — 1 0 ,2 0 0 258 6 9 ,0 2 5 258 1 3 2 ,0 1 8 258 6 9 ,8 2 0 133 3 ,6 7 0 133 4 8 6 ,8 4 3 133 2 2 5 ,8 4 3 133 1921. s s s W h e e lin g & L a k e E rie to Nov. 1 30— 1921. 1922. — Month o f November-------- Jan. 1 ,1 0 3 ,6 3 7 2 7 ,0 4 9 8 7 8 ,3 2 7 2 5 ,6 1 5 9 ,6 2 7 ,7 8 1 3 2 4 ,3 5 6 8 ,0 1 5 ,9 3 0 3 3 5 ,2 2 7 1 8 0 ,6 0 8 723 1 3 4 ,0 9 0 733 1 ,5 6 4 ,4 5 0 8 .1 8 9 1 ,0 9 6 ,0 7 5 6 ,6 6 4 1 ,1 7 8 ,1 5 1 1 9 6 ,2 7 2 1 3 2 .8 5 4 1 9 ,9 9 8 3 5 6 .9 5 0 9 4 0 .8 3 8 1 3 7 ,4 4 6 1 5 0 ,6 1 9 2 2 ,5 6 9 2 8 7 ,0 5 7 1 0 ,4 1 0 ,1 2 4 1 ,3 3 7 .0 5 5 1 ,4 8 8 ,1 7 2 2 3 4 ,1 6 4 3 ,2 1 2 ,2 3 3 8 ,7 1 7 ,9 8 0 1 ,3 8 3 ,3 7 5 1 ,7 6 1 ,9 2 4 2 2 4 ,7 3 6 3 ,0 6 0 ,9 7 7 1 8 2 ,4 7 8 3 2 ,2 7 1 4 6 ,1 3 8 339 5 7 ,4 6 3 1 3 5 ,5 7 3 2 3 ,5 0 9 3 1 ,7 7 8 564 2 6 ,0 3 4 1 ,5 8 7 ,1 1 3 2 7 5 ,7 2 2 4 0 8 ,9 4 0 4 ,0 4 1 4 1 4 .7 0 4 1 ,1 1 5 , 8 9 1 2 5 3 ,6 0 2 3 5 6 ,7 7 4 4 ,3 9 3 2 7 9 ,4 6 4 1 ,1 0 8 ,3 0 3 1 3 4 ,8 5 0 4 3 9 ,2 8 3 1 4 ,7 7 0 4 4 7 ,9 3 3 S Freight revenue______ Passenger revenue. . T ot., incl. other rev. Expenses— Maint.way Maint. of equipm’t . Traffic expenses___ Transportation exp Tot .exp. ,incl. oth. Net from railroad____ 30— 192. 1 2 0 ,4 9 2 6 3 .3 1 8 — Month o f November-------- Jan. 1922. to N ov. 1 1922. 1 9 6 ,3 8 7 7 3 ,1 9 3 s U ta h to Nov. 1 1922. o f A la b a m a 1921. 1922. s 9 6 2 ,9 3 9 4 4 ,1 7 6 E A R N IN G S. 1921. R y — Month o f November—- — Jan. 1922. W e ste rn — Month o f November-------- Jan. 1922. W e s te rn St J osep h ' & Grand Island 1 Month o f November-------- Jan. 1 to Nov. — 1921. s 1 ,0 1 1 ,8 2 1 6 5 ,7 5 4 1 to Nov. 3 0 — 1922. 1921. s s 1 0 ,3 5 9 ,4 0 9 1 1 ,9 2 3 ,1 4 4 7 1 1 ,5 3 0 8 7 3 ,0 3 9 1 ,1 6 4 ,3 6 5 1 2 4 ,5 1 2 2 9 2 ,8 0 1 1 6 ,7 9 6 4 4 8 ,7 6 6 1 2 ,1 1 3 ,0 7 6 1 ,9 9 5 ,6 9 7 3 ,1 3 5 ,5 9 4 1 9 3 ,4 0 3 4 ,5 9 6 ,6 4 7 1 3 ,8 3 2 ,5 0 8 1 ,8 1 0 ,1 6 9 3 ,1 8 2 ,9 7 2 1 6 5 ,4 0 1 5 ,2 2 5 ,1 1 8 9 2 9 ,1 1 1 Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles of r’d oper. 6 1 1 ,3 0 8 7 .1 2 5 ,0 1 2 6 ,6 0 7 ,3 9 2 1 4 1 ,5 8 5 8 6 ,0 8 2 1 ,1 5 6 .8 6 5 9 2 9 .4 9 5 1 ,0 7 3 ,1 4 2 8 9 3 ,3 7 5 1 0 ,3 2 9 ,5 8 3 1 0 .8 2 3 ,0 1 9 2 4 9 ,0 4 0 6 3 ,8 6 6 3 2 9 ,5 3 0 4 4 .0 0 0 3 ,2 8 5 .1 1 2 6 0 6 ,3 6 4 1 ,1 0 2 2 ,1 1 0 ,5 8 8 3 9 4 ,9 1 1 107 4 0 ,8 9 3 5 ,5 0 3 4 9 ,4 9 1 1 3 ,6 8 5 4 3 0 ,2 4 8 6 8 ,9 3 0 2 1 8 6 ,3 9 6 1 0 0 ,8 3 3 3 5 ,1 6 1 9 2 ,7 9 7 4 3 2 7 0 ,9 9 0 9 9 ,9 6 3 41 1 ,7 8 3 ,4 9 3 1 ,1 4 6 ,7 6 0 762 3 ,0 0 9 ,4 8 9 9 4 0 ,4 9 8 1 ,2 1 5 1 8 5 ,1 7 4 2 8 5 ,5 3 0 2 .6 7 7 ,6 4 6 1 ,7 1 5 ,5 7 0 3 5 .3 9 0 3 5 .8 0 6 3 6 1 ,3 1 6 8 5 ,5 5 9 — 5 7 ,6 3 9 1 7 0 ,9 8 6 6 3 5 ,9 7 1 2 ,0 6 7 ,7 7 6 1 1 4 ,7 6 6 2 3 9 ,0 9 0 454 2 ,2 3 0 ,9 6 4 454 1 ,3 8 4 ,1 4 5 454 2 9 ,7 9 1 102 2 1 ,3 2 9 102 2 3 5 ,0 1 5 102 1 ,9 2 8 99 — 8 7 ,7 1 7 511 1 8 0 ,3 8 8 511 3 3 1 ,7 5 9 511 1 ,8 0 6 ,2 5 5 511 454 U lster & D ela w a re — Month o f November— — Jan. V ic k s b u r g S h r e v e p o r t to Nov. 1922. S 8 0 ,8 2 3 1 2 .7 5 3 1922. 30— 1921. 6 9 7 ,4 2 8 4 6 4 ,9 3 4 1 1 8 ,8 6 4 2 2 ,4 4 8 2 6 ,8 2 6 2 .0 6 4 6 5 ,0 0 0 1 3 2 .4 5 8 — 1 0 ,5 4 1 6 ,0 0 2 39 Freight revenue. Passenger revenue___ T ot., incl. other rev. Expenses— Maint.way Maint. of equiprh’t . Traffic expenses___ Transportation exp. T ot. exp., incl .oth. Net from railroad____ Taxes. . . . . . Uncollectible revenue. Net after taxes, &c_ Net after rents Aver, miles of r’d oper. 1921. S 7 8 ,0 0 4 1 7 ,3 5 1 1 2 1 ,9 1 7 2 2 ,0 1 2 1 9 ,7 8 3 1 ,7 0 8 7 8 ,3 6 7 E A R N IN G S . 1 & — Month o f November-------- Jan. P a c ific to Nov. 1 30— 1921. 1922. W ic h it a F alls & N o r th w e s te r n — Month o f November-------- Jan. 1 to Nov. 3 0 — 1921. S 2 3 5 ,6 0 7 8 7 ,9 0 1 $ $ 8 2 2 ,9 1 2 5 1 7 ,1 1 9 1922. $ 2 2 8 ,3 1 3 9 2 ,3 7 6 2 ,0 9 8 ,0 2 0 9 9 6 ,0 1 3 2 ,6 0 7 ,8 9 2 9 8 2 .8 9 3 1922. 1 2 7 ,5 1 6 1 9 ,5 1 6 1921. 1 5 8 ,6 5 5 2 8 ,4 3 9 1 ,0 8 6 ,9 7 2 2 4 1 ,0 8 2 2 ,1 1 2 ,8 5 3 3 4 9 ,3 4 7 1 ,5 3 6 ,1 5 2 2 5 7 .3 9 5 2 5 2 .3 9 5 3 3 ,4 9 3 7 9 9 .8 7 0 1 ,6 4 1 ,9 4 1 2 1 9 ,3 8 4 2 4 7 ,6 1 1 3 3 .5 6 9 8 5 2 ,7 4 3 3 4 5 ,6 6 3 5 4 ,3 2 2 6 4 ,0 7 4 1 0 ,4 4 8 1 1 5 ,8 5 3 3 4 8 ,2 7 5 5 8 ,4 7 3 3 9 ,4 7 0 9 ,7 1 1 1 2 3 .3 6 2 3 ,3 4 4 ,3 1 5 5 7 5 ,0 6 7 6 0 3 ,0 4 5 1 0 8 ,5 5 1 1 ,2 9 9 .9 7 6 3 ,8 0 5 ,5 9 7 6 4 8 ,6 9 6 6 9 2 ,5 4 5 1 0 8 ,0 8 0 1 ,4 2 8 ,0 0 8 1 5 5 ,6 0 8 3 7 ,9 1 9 1 9 ,9 2 5 477 5 0 ,4 2 7 1 9 7 .7 2 3 3 4 ,1 0 2 2 8 ,6 5 4 673 5 3 ,4 9 9 1 ,4 3 4 ,7 7 5 3 2 3 ,8 4 9 1 8 9 ,6 0 6 9 .4 9 6 5 7 0 ,8 6 0 2 ,5 7 7 ,0 0 6 4 2 2 ,4 3 1 3 3 8 ,3 2 4 1 0 ,1 5 8 8 3 4 ,9 8 6 1 2 4 ,9 8 8 1 ,4 3 9 ,7 8 4 1 ,4 5 2 .5 9 8 2 6 0 .7 7 4 2 4 7 .2 3 7 2 ,7 6 0 .5 5 0 3 ,0 5 9 ,7 1 9 1 1 4 ,7 4 7 1 2 2 ,8 8 2 1 ,1 7 9 ,6 6 4 1 ,6 8 3 ,4 7 5 — 6 ,1 2 4 6 ,0 0 3 9 6 ,3 6 8 6 6 ,0 6 1 40 1 8 9 .3 4 3 7 5 ,6 5 8 8 4 ,8 8 9 1 7 ,9 4 3 343 1 0 1 ,0 3 8 1 7 ,1 1 6 36 5 8 3 ,7 6 5 2 0 5 ,0 9 7 1 ,6 5 0 7 4 5 ,8 7 8 1 9 1 ,8 3 9 619 4 0 ,8 6 1 1 0 ,8 3 3 16 7 4 ,8 4 1 6 2 ,1 7 0 46 2 5 5 ,1 1 1 1 2 6 ,3 4 7 1 ,2 1 1 8 9 3 ,5 3 1 1 7 0 ,8 3 5 448 $ 1922. 1921. * 5 $ — 1 6 ,5 8 2 — 1 2 ,1 2 7 3 0 ,2 6 7 1 1 3 ,6 8 5 6 6 .6 0 3 8 3 ,8 8 6 3 7 7 .0 1 8 5 5 3 .4 2 0 3 0 ,0 1 2 1 2 ,6 2 5 1 2 7 ,5 5 3 7 2 2 ,2 4 8 — 2 1 ,7 0 8 128 — 1 8 ,3 9 0 128 — 1 3 .1 8 6 128 5 1 ,1 7 8 128 4 6 ,6 6 4 171 6 0 ,4 1 3 171 2 8 3 ,2 3 7 171 3 8 7 ,3 1 8 171 6 ,5 8 6 329 — 1 2 ,2 0 1 328 — 8 8 ,0 4 6 329 4 8 2 ,0 8 7 328 U n io n R R (o f P e n n s y lv a n ia ) — E A R N IN G S. Passenger revenue T ot., incl. other rev. E xpenses— M aint . wa y Maint. of equipm’t . Traffic expenses___ Transportation exp. Tot.exp.,incl.oth. Net from railroad___ Uncollectible revenue. Net after taxes, &c_ Net after rents--------Aver, mile f of r’d oper. Month o f November— — Jan. 1922. $ 1921. 1 $ V ir g in ia n to Nov. 1922. $ 30— 1921. $ — Month o f November----------- Jan. Y azoo 1 to N ov. 30— 1921. 1922. 1921. 1922. s s s s — & M ississip p i Month o f November ----------- Jan. 1922. $ 1921. $ 1 1922. V a lley to N ov. $ 30— 1921. $ 1 .2 9 5 .3 4 8 6 5 ,2 5 1 1 .2 3 6 .1 2 8 7 1 .0 6 5 1 5 .6 5 0 .7 4 0 7 4 5 ,2 4 1 1 4 .7 2 9 .0 0 2 8 8 0 ,0 2 5 1 .6 2 0 .0 6 8 4 3 0 ,1 1 3 1 .5 1 9 .4 0 1 3 7 9 .9 1 3 1 3 .1 2 3 .3 0 9 3 ,6 4 2 ,2 4 0 1 4 .1 3 9 .4 5 6 3 ,8 3 6 ,5 0 6 1 0 ,3 3 9 ,6 5 2 7 9 7 ,0 4 4 1 ,9 2 7 ,6 6 9 2 ,5 3 2 4 ,3 9 3 ,5 8 2 8 ,7 3 2 ,3 9 5 6 9 6 ,7 5 6 2 ,2 7 3 ,7 4 5 2 ,4 9 0 4 ,0 7 6 ,7 2 7 1 ,4 5 2 ,9 8 8 1 7 2 ,6 5 9 4 6 5 ,9 9 5 1 1 ,4 8 9 4 9 4 ,2 6 9 1 .4 0 5 ,9 7 9 2 0 6 ,3 6 7 3 4 9 ,8 1 5 9 .9 0 4 4 9 6 .3 8 2 1 7 ,5 1 9 ,9 7 1 2 ,0 0 0 ,5 8 6 4 ,3 7 3 ,6 9 6 1 2 8 ,6 6 1 4 ,4 3 7 ,4 0 4 1 6 ,8 5 8 ,4 1 1 2 ,2 8 3 ,6 0 5 3 ,5 7 9 ,3 3 0 1 1 3 ,6 8 4 5 ,1 0 1 ,5 5 9 2 ,1 4 6 ,5 6 2 4 2 4 ,8 8 5 3 9 5 ,8 0 0 2 5 ,1 3 5 7 0 9 ,2 0 3 1 ,9 7 8 ,7 5 1 3 7 9 ,4 4 8 4 1 4 ,4 2 9 2 4 ,2 5 3 6 9 5 ,7 9 1 1 7 ,8 3 2 ,5 7 0 4 ,1 2 3 ,1 4 3 3 ,5 0 6 ,7 8 8 2 8 8 ,3 4 2 6 ,9 5 4 ,4 5 9 1 8 ,9 8 8 ,3 6 5 3 ,9 9 9 ,3 8 6 4 ,1 4 2 ,6 0 6 2 7 8 ,8 9 8 7 ,9 2 8 ,3 3 4 5 0 0 ,4 1 8 7 ,1 9 7 ,8 2 7 7 ,1 3 0 ,6 5 9 1 .1 7 2 ,5 6 0 1 .0 7 9 ,2 1 3 1 1 .2 6 5 .0 4 0 1 1 ,3 6 2 ,7 2 1 1 ,5 9 6 ,0 7 1 1 ,5 5 9 ,1 4 9 1 5 ,3 8 4 ,7 8 9 1 6 ,9 2 7 ,6 8 0 1 8 3 ,2 9 7 1 0 ,0 0 0 3 ,1 4 1 ,8 2 5 9 4 ,7 4 5 1 ,6 0 1 ,7 3 6 9 5 ,4 9 5 3 ,2 5 5 2 8 0 ,4 2 6 1 5 1 ,1 1 0 3 2 6 ,7 6 6 3 9 ,6 5 3 99 2 6 ,2 5 4 ,9 3 1 1 ,3 8 4 ,4 1 6 269 5 ,4 9 5 ,6 9 0 9 9 3 ,8 1 4 354 5 5 0 ,4 9 1 1 1 7 ,1 8 0 92 4 1 9 ,6 0 2 1 1 5 ,5 6 5 468 2 ,4 4 7 ,7 8 1 1 ,2 9 6 ,5 6 1 2 ,7 6 3 2 ,0 6 0 ,6 8 5 1 .2 7 1 ,0 2 8 1 ,5 0 0 9 8 1 ,6 6 5 6 3 ,2 8 2 1 6 3 ,9 8 1 214 4 9 9 ,2 2 8 6 8 3 ,7 1 5 4 5 ,6 7 7 1 4 4 ,5 5 3 135 3 0 4 ,2 5 2 7 3 3 .6 5 6 2 4 8 ,0 0 9 0 6 ,0 0 0 2 5 4 ,0 0 9 1 7 3 ,2 9 7 3 .0 4 7 .0 8 0 1 ,5 0 2 ,9 8 6 1 1 2 9 ,2 1 9 2 8 7 ,1 1 1 4 ,8 7 0 ,2 4 6 4 ,5 0 1 ,5 2 2 4 3 3 .2 1 9 3 0 3 .5 6 9 1 ,1 4 8 ,4 5 7 7 8 8 ,1 5 7 3 3 8 ,1 1 6 45 2 5 7 .1 9 6 3 .8 6 8 ,4 8 7 45 2 ,2 0 9 ,8 9 ;) 2 1 1 ,8 2 1 540 2 9 3 ,8 6 0 526 5 ,1 2 6 ,3 5 5 530 4 ,6 6 0 .8 0 0 526 422.764 I .380 2 8 6 ,0 9 0 1 .3 8 1 1 ,0 8 5 ,5 9 8 1 .3 8 1 7 1 6 ,3 0 9 1 .3 8 1 45 45 14 [V ol. 116, RAILW AY EARNINGS COMPANY RETURNS All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commis alon at Washington. A few railroad companies also issue monthly statements of their own, and sometimes these company state ments go beyond the requirements of the Commission and give added items of information. Besides this, a number of companie — notably the Pennsylvania Railroad— issue consolidated statements, showing results for the system as a whole, whereas the Com merce Commission requires returns from each constituent road separately. It is our purpose that each issue of the “ Railway Earnings Section” shall furnish an absolutely complete record of all month! returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring tc gether here all the company statements where they differ in any way from the returns to the Commission, or where they embrac more facts than are contained in such returns. It should he distinctly understood that where the company statements are identical with those rendered to the Commerce Commissior and do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figure among the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission B e lle fo n t e C en tra l St. L o u is -S a n F r a n c is c o — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. Gross receipts_______________ ______ 9.773 6,812 98,468 69,489 8,381 6,360 79,070 77,527 Operation____ ________ _____________ N et___________________ __________ 1,391 451 19,398 — 8,038 120 201 1,320 ____2,211 Interest and taxes_________________ Surplus_______________________ 1,271 250 18,078 — 10,249 (Including Subsidiary Lines) — Month o f October----- — Jan. 1 to Oct. 31 — 1922. 1921. 1922. 1921. ______ 5,165 5,165 ---------Mileage____________________________ $ 8 $ $ Freight revenue___________________ 4,638,391 5,778,530 47,309,850 49,489,76: Passenger revenue_________________ 1,586,013 1,687,216 15,573,811 18,065,691 Miscellaneous revenues___________ 540,910 603,618 6,198,609 6,721,56! Total operating revenues_______ 6,765,314 8,069,364 68,082,270 72,231.10' Maintenance of way and structures 1,030,828 1,154,773 10,457,277 12,030,21 Maintenance of equipment________ 1,183,498 1,471.738 12,807,830 13,416,791 Transportation expense___________ 2,838,276 2,950,193 25,719,026 28,429,81 Miscellaneous expenses____________ 260,111 285,360 2,656,668 2.925,67* Total operating expenses________ 5,312,707 5,638,250 51,640,801 53,656,621 Taxes, hire of equip., joint facility rents (less other income)_______ 391,952 491,168 4,044,281 4,492,89i Balance available for rentals, sink funds, fixed charges, &c________ 1,060,655 1,939,946 12,397,188 14,978.817 — Month o f November-------- Jan. 1 to N ov. 30—• 1922. 1921. 1922. 1921. Gross earnings....................................2 1.4 2 1 ,0 7 7 18,787,679 169309,396 177264,930 Working expenses_________________ 15,695,285 15,115,877 136472,510 144980,971 Net profits....... .......... ........ ............. 5,725.792 3,671,801 32,836,886 32,283,959 F o n d a J o h n s t o w n & G lov ersv ille — Month o f November-------- Jan. 1 to N ov. 30— 1921. 1922. 1921. 1922. S 8 $ 8 422,624 447,248 43,656 38,749 40,807 2,641 38.504 1,931 734,497 66,436 736,898 65,197 29,192 3.442 46,146 7,496 10,382 14,941 834 965 119,826 111,525 1,279,179 1,242,064 71,638 755,016 797.043 66,559 445.019 524,162 53,266 39,887 65,325 5,775 7,575 63,525 379,694 47,491 32,312 460,637 12,774 — 677 — 1,053 18,803 392,469 46,813 31,258 479,441 37,552 39,942 4,794 4,973 432,411 51,608 36,232 516,993 675 7,425 675 7.425 40,250 4,045 3,835 46,781 292,645 24,395 26,604 288,192 2,349 7,039 9,303 731 2,861 2,768 352,206 31,466 31,846 352,486 164,787 79,925 20,142 4,385 Operating Income— Freight reven u e________ _____ Passenger revenue— steam division Passenger rev.— electric division . All other rev. from transportation. Rev. from other railway operations Total operating revenues . . . Railway oper. exp. (not inch taxes) Net rev. from railway operations Railway tax accruals_______ ______ Railway operating in co m e _______ Miscel. oper. income (or loss). ._ Total operating income Non-operating income. . _________ Gross income.. . . . . Deduct— Rents for leased roads . Other rents accrued— debits . Interest on funded debt . . . . Interest on unfunded debt____ Miscel. inc. charges . _____ Total deductions from gross inc. Net income __________ ______ I llin o is C e n tra l System (Including Y azoo & Mississippi Valley! — Month o f November— -— Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. Railway operating revenues______ 16,568,113 13,102,818 158277,146 149029,004 Net railway operating income, after deducting oper. exp., taxes, &c__ 2,112,256 1,037,272 23,288,378 17,171,889 T h e K a n sa s C ity S o u th e r n (Including Texarkana & Fort Smith) — Month o f November-------- Jan. 1 to Nov. 30— 1922. 1921. 1922. 1921. Gross revenue_____________________ 1,828,828 1,679,068 18,407,564 20,185.393 Operating expenses________________ 1,379,732 1,303,975 13,725,102 14,718,789 Net revenues____________________ 449,095 375,093 4,682,462 5,466,603 Taxes______________________________ 117.416 105,408 1,1.18,259 981,279 Operatinglmcome_______________ 331,678 269,684 3,484,203 4,485,324 M issou ri K a n sa s & T exas Miles operated (average)__________ Operating revenue________________ Operating expenses________________ Net operating revenue__________ Taxes accrued_____________________ Operating income_________________ Deduc. from income, less other inc. Balance____________________________ -----Month o f 1922. 3,737 5,782,994 4,100.214 1,682,780 284,347 1,398,432 142,331 1,256,101 October— 1921. 3.783 6,024,768 4.199,987 1,824,780 335,221 1,489,559 76.649 1,412,910 - Jan. 1 to Oct. 31— — 1922. 1921. 3,737 3,783 44,749.706 53,359,848 32.163.642 41.684.223 12.686,064 11,675,624 2,344,629 2.263,045 10,241,434 9,412,578 1.078.652 1.411.196 9,662,782 8,001,382 P e n n s y lv a n ia System — Month o f November— Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. % 8 Revenues— 8 8 417009,101 388970,195 Freight_______________________ 43,365,093 38,740,863 Passenger________________________ 13,839,809 12,796,692161122,367 169796,026 MaU______________ • ________________ 923,478 857,378 9,613,449 11,388,055 Express____________________________ 1,747,861 351,627 14,554,062 8,541,317 All other transportation___________ 1,259,987 1,189,654 13,472,551 12,561,871 Incidental__________________________ 1,998,311 2,011,560 19,383,882 19,205,873 33,697 585,279 529,753 Joint facility— Credit______________ 116,123 20,927 339.108 228,432 59,753 Joint facility— e b jt..1 -D - ____ “ Railway operating revenues .63,190,909 55.960,544 635401,583 611664,658 ' Expenses— 3 7,472.990 6,129,985 78,212,657 75.117,329 .16,449,318 15,919.057 159516,542 157481,598 . 616,078 572,346 6,763,397 6.914,604 Traffic. .26,326,157 11,871,548 252243,776 266862,090 . 855,812 777,440 9,281,886 9,012,187 . 1,486,975 1.497,391 15,796,634 16,645,066 General__________________ 721 4,255 44,075 Transp’n for investment- -Credit. 43,296 53,203,075 45.767,046 521770.817 531890.578 Railway operating expe s 9,987,834 10,193.498 113630,766 79,874,080 . 2,497,621 2,298.071 30,293,827 27,804,336 Railway tax accruals__________ 38,240 2.891 128.340 Uncollectible railway revenues. 60.046 Railway operating income___ . 7,451,973 7,892,536 83,208,599 52,009,698 Equipment rents— Net debit... . 1.215,033 703,793 9,334,932 9.949,946 Joint facility rents— Net debit____ 60,784 43,021 511.571 1,276,228 . 6,176,156 7,232,764 73,362.096 40,783,524 S t. L o u is S o u th w e s te r n (Including St. Louis Southw estern of Texas) -----Month o f October-----------Jan. 1 to Oct. 31— 1922. 1921. 1922. 1921. Operating revenues________________ 2,638,956 Operating expenses________________ 1,954,387 Net revenue_____________________ 684,568 Deduct tax accr. & uncoil, ry. rev. 114,431 Railway operating income---------570,137 Add non-operating income________ 33,389 Gross income____________________. 603.527 301,067 Deduct interest, rentals, &c______ Net income_____________________ 302,460 2,678.402 20,869.947 20.589,967 1,665,307 16,085,915 16,119,135 1,013,094 4,784,032 4 470.832 978,365 896.340 148,713 864,380 3,805,666 3,574,492 844,421 726,293 82,606 946,986 4,531,960 4,418,913 319,182 2,885,206 2,831,901 627,803 1,646,754 1,587,012 S o u th e r n P a c ific — Month o f November— — Jan. 1 to Nov. 30—1922. 1921. 1922. 1921. Average miles of road operated___ 11,222 11,216 11,224 11,186 S t S t Revenues— $ $ Freight............... 17,059,070 15,504,872 164,511378 168089,200 Passenger____________________ 4,602,214 4,394,866 53,653,125 58,582,370 3,228,378 3,267,934 358,829 287,113 M ail______________________ _______ Express__________________________ 1,027,373 785,454 6,799,930 7,572,117 All other transportation _________ 536,006 469,178 5,308,869 5,241,165 Incidental____________________ 506,714 493,445 5,418,721 6,432,249 209,363 149,988 Joint facility— C re d it..___________ 12,701 11,583 — 41,786 Joint facility— Debit________ — 3,578 343— 47,259 Railway operating revenues_2 4,099,331 21,939,010 239082,507 249272,295 Expenses— Maintenance of way and structure 3,194,739 3,680,685 33,383,869 38,721,233 Maintenance of equipment__ 4,596,320 3,981,614 43,469,400 44,061,295 Traffic_______________________ 394,848 296,659 4,001,709 3,783,775 Transportation______________ 7,930,136 8,138,789 84,021,035 94,799,697 Miscellaneous________________ 329,315 290,295 3,647,106 3,853,831 General______________________ 694,238 659,812 7,544,477 7,781,343 Transp’n for investment— Cr_ — 70,721 Cr.112,443 — 149,245 Cr.515,116 Railway operating expenses_1 7,068,877 17,018,857 175618,353 192617,804 _ C a n a d ia n P a c ific Net rev. from railway operations._ 7,030,454 4,920.153 63,464,153 56,654,490 Railway tax accruals________ 1,863,158 1,776,841 16,655,824 14,229,560 96,288 69,638 Uncollectible railway revenues____ 6,459 12,094 Equipment rents (net)_______ 240,212 495,305 3,449,759 4,779,836 156,401 Joint facility rent (net)___________ _____ 2,271 — 5,769 — 241,805 Net railway operating income._ 4,918,353 2,640,682 43,504,087 37,419,056 U n io n P a c ific — Month o f November— -Jan. 1 to N ov. 30— 1922. 1921. 1922. 1921. 9,424 9,370 9,449 9,407 Average miles of road operated___ S $ Operating Revenues— $ $ Freight revenue____________________ 14,439,270 12,617,520 129603,843 134615,080 Passenger revenue__________ 2,661,131 2,501,146 31,030,355 34,690,466 Mail revenue______________________ 400,247 375,895 3,961,133 4,001,298 Express revenue__________________ 501,570 747,313 4,154,692 4,740,691 All other transportation__________ 331,447 707,267 3,930,653 4,502,246 Incidental_________________________ 316,568 323,078 3,058,314 3,277,518 Railway operating revenues____ 18,650,233 17,272,219 175738,990 185827,299 Operating Expenses—Maintenance of way and structures 1,814,410 2,525,424 25,631,771 27,038,815 Maintenance of equipment________ 3,528,285 3,389,803 35,260,379 35,850,419 Traffic___________________ _______ — 283,371 271.157 3,127,607 3.230,947 Transportation____________________ 6,129,872 5,654,678 57,226,866 59,940,875 Miscellaneous operations__________ 316,804 311,608 3,518,343 3,606,253 General____________________________ 565,895 613,198 6,403,125 6,824,649 Transports for investment— C r .. — 4,698 — 31,276 — 80,084 — 97,403 Railway operating expenses------ 12,633,939 12,734,592 131088,007 136394,555 Income—Net rev. from railway operations.. 6,016,294 4,537,627 44,650,983 49,432,744 Railway tax acrruals______________ 1,126,198 1,223,173 12,573,000 12,224,041 Uncollectible railway revenues-----1,515 — 2,803 13,570 14,310 Railway operating income-------------- 4,888,581 3,317,257 32,064,413 37,194,393 Equipment rents, net______________— 203.358 — 451,304- —1,493,117— 3,765,315 Joint facility rent, net____________ — 73,369 — 72,657 — 673,627 — 659,679 N et_____________________________ 4,611,854 2,793,296 29,897,669 32,769,399 Opar. ratio (revenues over e x p .).. 67.74 73.73 74.59 73.40 N ote.—-The Union Pacific and Oregon Short Line Railroad companies now own all the capital stock of the Los Angeles & Salt Lake Railroad Co. and this com pany is now operated as a part of the “ Union Pacific System,” and effective with the month of January 1922 the figures for that company are included in the system figures, the figures for the corresponding period of the year 1921 being restated to include those for the Los Angeles & Salt Lake Railroad Co. for the purpose of comparison. Union Pacific System figures for years previous to the year 1921 are therefore not comparable with those here published. N et Income Under G overnment C ontrol AS COMPARED W ITH THE GUARANTEED RENTAL. From tabulations prepared by the United States Railroad Administration we have compiled the following statement showing for all of the Class 1 roads— that is, all roads whose gross revenues from railway operations exceed S I,000,000 per annum— the Net Federal Income for the calendar years 1919 and 1918, in comparison with the “ Standard Return,” or Government Guaranteed Rental. The compilation enables any one to see whether during the period of Government control any given road was operated at a loss or profit to the Government and the extent of such loss or profit. It will be observed that only in a few exceptional cases did the Government derive a profit from the operation of the roads. The Standard Return represents the average net income for the three-year “ test” period, that is, the three years ending June 30 1917, this being the income which the Government agreed to pay to the roads as compensation for the use of their property. The 1919 and 1918 figures of Federal Net Income^ the Railroad Administration states, have been taken from the monthly returns which the roads are required to file with the Inter-State Commerce Commission and which are given from month to month in this publication. The figures referred to represent only the last item in these returns. Any one desiring the full details for the different roads, including gross revenues, expenses, &c., will find them in the issue of this publication for March 13 1920. Standard Average — N et Federal Income— R eturn M iles Entire Year Eastern Region. o f Road. 1918. 1919. $ N ew England District— $ 1,555,775 607,177 107,731 Bangor & Aroostook_________ 632 4,063,131 Boston & Albany____________ 394 2,232,916 1,951,199 9,832,491 Boston & Maine_______________ 2,376 1,895,400 3,577,108 1,468,124 Central New England________ 30i def163,138 57,768 828,625 Central Vermont____________ 536 def871,205 def689,469 def4,271 Grand Trunk in New England 172 def766,514 defl ,105,677 2,955,697 ' ’’1,812,203 def581,781 Maine Central-..____________ 1,216defl,SIS,203 6,929,382 7,769,005 17,173,367 N . Y . N . H . & Hartford.......... 1,966 ----------1,023,883 Rutland______________________ 4 l5 223,058 4 2,165 s T o ta l________________ ______ 8,008 9,775,418 10,227,504 Central District— 301 575,137 175,013 Ann Arbor___________________ 590 defl ,075,870 Buffalo Rochester & Pittsb___ 1,086,378 875 2,054,575 2,451,695 Delaware & Hudson__________ Delaware Lack. & W estern.. 996 11.809,921 15,973,193 defS9,590 382 Detroit & Mackinac_________ 34,304 Detroit & Toledo Shore Line. 916,852 467,806 62 1,036,370 def2,246,652 Erie (incl. Chicago & Erie)___2,259 Grand Trunk Western Lines. _ 1,002 2,309,600 203,930 Lehigh & Hudson River_____ 97 395,718 363,664 Lehigh & New England______ 232 927,354 1,197,761 Lehigh Valley__________ 1,436 3,776,291 6,821,131 Michigan Central______________ 1,862 16,969,157 13,692,236 Monongahela________________ 108 1,041,104 650,615 New York Central_____________5,682 48,201,701 46,035,695 N . Y . Chicago & St. L ouis.__ 574 4,048,631 3,893,167 N . Y . Ontario & Western____ 569 795,047 576,100 N . Y . SuSquehanna & West 226 d ef185,671 524,551 ern (incl. W . B . & E .) .......... 6,717,880 3,851,485 Pere Marquette_______________ 2,232 3,501,821 Pittsburgh & Lake Erie______ 225 9,880,183 Pittsburgh & Sliawinut______ 103 def177,302 130,435 Pittsburgh & W est Virginia__ 63 def648,908 deU19,631 def57,775 Ulster & Delaware__________ 129 def152,75k Wabash_______________________ 2,504 864,445 3,714,172 38,901,093 528,883 3,276,410 7,409,600 15,749,477 310,664 456,512 15,729,068 1,076,017 519,371 1,135,761 11,318,714 8,052,127 583,086 51,739,500 2,218,857 2,103,589 999,942 3,748,196 8,980,219 613,261 237,010 128,009 5,826,810 Total___________________...2 2 ,5 1 1 103,611,503 109,099,456 142,739,083 Ohio-Indiana District— Chicago Indianapolis & Louisv 657 C incinnati Indianap & W est. . 322 Cincinnati Northei'n_________ 252 Cleve. Cin. Chicago & St. L __2,397 Detroit Toledo & Ironton____ 456 Hocking Valley_______________ 350 Kanawha & Michigan________ 177 Lake Erie & Western_________ 903 Toledo & Ohio Central. . _ — 436 Toledo St. Louis & W estern.. 454 Wheeling & Lake Erie (incl. Lorain & West Virginia)___ 537 415,931 def590,797 493,591 12,981,513 def710,545 1,444,287 171,233 def39,034 def117,097 760,549 1,099,856 1,192,764 1,723,315 T o t a l ._____ _______________ 6,941 15,909,487 22,820,109 21,809,702 747,799 def158,387 257,750 14,751,312 def717,087 2,614,670 1,658,827 397,292 826,951 1,248,218 1,620,259 422,213 317,528 9,938,597 225,895 2,637,157 1,295,141 1,548,542 1,086,651 994,294 Average — N et Federal Incom e— Standard M iles Return o f Road. 1919. 1918. Entire Year Northwestern Region. $ $ $ Chicago & North W e s te rn ... 8,090 12,771,197 12,498,939 23,201,016 Chicago Great Western____ _ 1,496 1,126,605 61,009 2,953,450 Chicago Milw & St. Paul____ 10,647 3,250,867 3,933,874 27,945,819 Chicago St. Paul M . & O____ 1,749 2,698,776 2,631,520 4,934,790 Duluth & Iron Range________ 289 3,082,978 3,824,716 2,355,242 Duluth Missabe & Northern. 411 11,401,721 12,495,342 5,122,051 Duluth South Shore & Atlan. 599 def22,517 267.704 562,348 Elgin Joliet & Eastern________ 829 3,322,507 4,781,037 2,862,177 Great Northern______________ 8,219 12,827,280 12,368,069 28,686,681 Mineral Range_______________ 101 d ef 107,154 10,827 144,006 238,677 2,706,994 Minneapolis & St. Louis_____ 1,647 def314,698 Minn. St. Paul & S .S . M arie. 4,243 5,057,635 3,925,862 10,578,977 Northern P a c ific.............. 6,593 18,450,790 28,317,433 30,057,760 Oregon-Washington R R . & N . 2,070 3,224,299 4,490,859 4,491,883 Spokane Portland & Seattle.. 538 1,652,116 2,694,420 1,871,083 T o ta l...................................... .47,521 Southern Region. Alabama & Vicksburg.............. Alabama Great Southern____ Atlanta & West Point________ Atlanta Birm. & Atlantic____ Atlantic Coast Line__________ Carolina Clinchfield & O h io .. Central of Georgia___________ Charleston & Western C a ro .. Cincinnati N . O. & Tex. Pac. Florida East Coast___________ Georgia_______________ Georgia & Florida___________ Georgia Southern & Florida__ Gulf & Ship Island....... ............. Gulf Mobile & Northern_____ Illinois Central_______________ Louisville & Nashville_______ Louisville Henderson < St. L_ & Mississippi Central__________ Mobile & Ohio_______ _______ Nashville Chatt. & St. Louis. New Orleans & Northeastern. New Orleans Great Northern. Norfolk Southern____________ Northern Alabama___________ Richmond Fred. & Potom ac.. Seaboard Air Line___________ Southern_____________________ Southern R R . in Mississippi.. Tennessee Central___________ Vicksburg Shrev & Pacific___ Washington Southern________ Western of Alabama_________ Yazoo & Mississippi V a lley.. Total____________ 78,422,402 141 264,097 312 1,498,327 93 639,640 640 def946,458 4,867 7,213,015 291 1,497,762 1,918 1,583,969 343 171,233 337 525,956 765 1,444,349 329 1,326,143 348 def441,538 402 62,593 306 d e f8 1 ,m 438 def9S,977 4,793 4,479,526 5,013 11,884,568 200 510,724 165 def18b,001 9 9 7 d e fl,025,823 1,247 1,242,397 204 187,064 285 14,593 906 163,670 113 64,343 82 2,763,900 3,563 1,867,961 6,983 10,642,549 278 d e f70,887 293 def536,168 171 454,510 36 1,875,153 133 569,354 1,382 4,475,913 ^38,374 92,540,188 148,454,277 345,074 2,062,786 660,606 def572,922 11,685,220 1,162,282 3,917,977 549,209 3,092,962 1,633,983 2,256,504 def104,538 351,763 364,779 200,289 12,981,324 19,568,935 648,071 310,921 244,315 4,145,298 990,248 407,939 291,453 192,542 3,025,529 3,658,391 29,512,206 def1/0,397 def2,468 342,116 1,736,088 621,916 4,499,924 322,854 1,703,180 252,995 480,000 10,130,915 1,627,963 3,408,809 466,921 3,541,040 2,842,842 858,622 88,000 511,457 595,883 558,338 16,282,374 17,310,495 343,916 308,525 2,597,478 3,182,089 1,204,992 519,904 1,266,871 150,583 1,136,974 6,497,025 18,653,893 6,990 162,734 337,948 467,230 288,238 3,862,318 53,937,173 110,740,325 102,020,390 Grand total. Eastern region..37^460 129,296,408 142,147,069 203,449,878 Allegheny Region. Baltimore & Ohio (incl. Coal 5,066,914 & Coke)_____________________ 5,152 Bessemer & Lake Erie________ 225 2,005.600 Buffalo & Susquehanna______ 297 def409,326 Central of New Jersey________ 685 1,408,865 Cumberland VaUey__________ 164 447,030 Grand Rapids & Indiana_____ 570 455,093 Long island__________________ 398 2,445,212 N . Y . Philadelphia & Norfolk 122 648,692 Pennsylvania East_______ 5,381 8,042,568 Pennsylvania W est___________ 1,755 5,786,456 Philadelphia^ Reading_____ 1,629 5,431,888 mis. 2 ,3 8 4 def2,505,510 Pitts. Cine. Chic. & St. Loi ~t. Staten Island Rapid Transit. 24 68,655 Western Maryland_____ 698 def131,265 West Jersey & Seashore. 11.927 . 361 7,193,131 4,940,006 113,043 6,375,183 1,848,302 254,425 3,915,059 990,008 19,952,680 4,464,444 11,298,842 2,878,717 33,941 def479,293 def143,998 28,031,146 4,713,564 591,613 9,352,301 1,228,967 929,385 3,221,949 996,051 51,416,782 14,992,785 17,057,230 11,334,094 356,824 3,079,593 952,682 .19,845 28,772,799 63,634,490 148,254,966 Pocahontas Region. Chesapeake & Ohio (including g . C . & O. of Indiana)_________ 2,506 Norfolk & Western__________ 2,088 . Virginian_____________________ 523 7,523,378 10,133,638 2,555,230 17,060,651 18,804,782 1,952,872 13,266,983 20,634,142 3,247,603 - 5,117 20,212,246 37,818,305 37,108,728 T o ta l______________ Central W estern Region. Arizona Eastern______ _______ 378 Atch. Topeka & Santa Fe____ 9,444 Chicago & Alton_______________ 1,051 Chicago & Eastern Illin o is... 1,131 Chicago Burlington & Quincy (incl. Q. O. & K . O .)______ 9,621 Chicago Peoria & St. Louis— 247 Chicago Rock Isl. & Pacific ( i n c l .O .R .I .& G .) ________ 8,055 Chicago Terre Haute & S . E „ 374 Colorado & Southern................ 1,100 Denver & Rio Grande________ 2,593 Denver & Salt Lake_________ 255 El Paso & Southwestern_____ 1,028 Port Worth & Denver C ity .„ 454 Los Angeles & Salt Lake_____ 1,168 Northwestern Pacific— .......... 530 Oregon Short Line___________ 2,348 St. Joseph & Grand I s la n d ... 259 Southern Pacific (Pacific Sys.) 7,048 Toledo Peoria & Western____ 248 Union Pacific....... ........... 3,614 Western Pacific______________ 1,027 Total 588,433 1,479,821 1,242,475 40,060,757 41,709,460 39,867,072 def244,395 1,817,094 3,178,315 def423,466 1,560,806 2,946,001 33,390,080 127,540 Southwestern Region. Fort Worth & Rio Grande____ Gulf Coast Lines....................... Gulf Colorado & Santa Fe____ International & Great North. Kansas City M ex.& Or. S y s .. Kansas City Southern (incl. T . & F. S .)............................. Louisiana & Arkansas________ Midland Valley________ Missouri & North Arkansas.. Missouri Kansas A Texas____ Missouri Kan. A Tex. of T ex. Missouri Oklahoma & G u l f ... Missouri Pacific_____________ St. Louis-San Francisco_____ St. Louis-San Fran. & Texas. St. Louis Southwestern______ St. Louis Southwest, of Texas San Antonio & Aransas Pass... Sunset Lines (incl. H . & T . C. and H . E . & W . T .) .............. Texas & Pacific________ Trinity & Brazos Valley_____ Wichita FaUs & Northwestern Total........ ................ 235 20,514 920 1,270,855 1,936 2,466,88.1 l,1 6 0 d e fl,404.787 737 def1,244,673 d ef61,99 4 1,928,596 2,854,270 1,378,645 def092,245 1,301 1,140,676 2,823,218 1,394,946 150,000 862 2,189,359 302 def146,634 389 343,136 365 def664,377 1,714 4,562,769 1,796 def2,41 3, 445 332def 1.041,628 7,205 4.363.698 4,761 14,695,141 134 def179,720 940 3,070,880 815 defl ,508,721 737 def1,141,723 3,128,053 86,232 766,580 def115,861 5,215,538 def790,996 def529,613 11,821,976 11,247,194 d e f l l 7 ,399 3,681.615 d ef338,255 def126,023 3,535,427 359,362 444,346 175,000 5,853,831 621,773 def33,603 14,206,814 24,690,213 def332,953 3,355,749 555,165 456,684 3,614 1,947 369 329 9,208,659 3,621,573 def612,360 def400,226 13,836,811 3,719,146 def430,238 def488,896 8,503,128 4,107,432 63,158 145,245 .31,599 35,055,171 55,972,636 61,583,468 Grand total all regions______ 231,889 515,817,773 685,279,511 892,855,335 Total New England district.. 8,008 9,775,418 10,227,504 38,901,093 % of standard return______ 25.1 26.3 Total Central District_______ 22,511 103,611,503 109,099,456 142,739,083 % of standard return______ 72.6 76.4 Total Ohio-Indiana D istrict.. 6,941 15,909,487 22,820,109 21,809,702 % of standard return______ 72.9 104.6 25.428,088 def86'8,0Jl 25,089,199 def528,860 9,067,411 def277,560 1,644,897 6,113,737 def945,793 2,993,415 2,912,058 3,353,127 1,103,594 10,754,273 def48„?78 32,677,799 def217,656 32,873,256 3,575,968 9,217,002 15,880,681 769,487 922,785 2,868,352 2,481,212 5,492,884 8,319,377 def961,458 353,290 4,945,206 4,145,102 1,824,785 1,891,386 2,791.315 3,414,751 1,485,017 1,338,000 10,723,916 10,204,619 d ef103,787 373,811 34,016,787 36,171,354 def4,3 7 7 159,740 35,629,321 23,670,741 2,604,528 1,900,350 Total Eastern Region________37,460 129,296,408 142,147,069 203,449,878 % of standard return______ 63.6 69.9 Total Allegany Region............ 19,845 28,772,799 63,634,490 148,254,969 % of standard return______ 19.4 42.9 Total Pocahontas Region____ 5,117 20,212,246 37,818,305 37,108,728 % of standard return______ 54.5 101.9 Total Southern Region______ 38,374 53,937,173 110,740,325 102,020,396 % of standard return______ 52.9 108.5 Total Northwestern Region.-47,521 78,422,402 92,540,188 148,454,277 % of standard region______ 52.8 62.3 Total Central Western Region51,973 170,121,574 182,426,498 191,978,682 % of standard return______ 88.6 95.0 Total Southwestern R egion..31,599 35,055,171 55,972,636 61,588,468 % of standard return______ 56.9 90.9 _____ 1,973 170,121,574 182,426,498 131,978,682 Grand total all regions____ 231,889 515,817,773 685,279,511 892,855,396 % of standard return____ 57.8 76.8 B la ir Co INCORPORATED 34 BROAD STREET NEW YORK IN E T E T SECURITIES V S MN Boston Cleveland M ilw a u k ee P ittsburg St. L ou is B u ffa lo D etroit M in n e a p o lis Rochester Scranton C h ic a g o L o s A n g e le s P h ila d e lp h ia San F r a n c is c o S yracu se