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TW O SE C T IO N S------SE C T IO 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 1925 according to Act o f Congreu, by WILLIAM B. DANA COMPANY, in office of Librarian of Congreu, Washington, D. C« VOL. 120. N EW YO R K , MARCH 14, 1925. NO. 3116. HIS entire publication is devoted to a presentation of the reports of earnings and expenses of United States railroads for the latests month (January) and for the calendar years ending with D ec. 1923 and 1924. The table embraces every steam operating railroad in the country which is obliged to make monthly reports to the Inter-State Commerce Commission at Washington. Returns are now required only from carriers whose railway operating revenues, or gross earnings, exceed $1,000,000 per annum. T The figures are a transcript of the, sworn returns on file at Washing ton. They have the further advantage of uniformity of method and classification. Every company is obliged to make up its returns on the same basis and in the same way as every other company. Sworn Returns. The “ Chronicle” has always made a specialty of weekly and monthly reports of railroad earnings, and for nearly fifty years its weekly and monthly summaries have been everywhere accepted as authoritative. The present publication is in continuation of this work. Earnings Our Specialty. These Inter-State Commerce returns also make it possible for us to present full details of both the revenues and expenses. Besides showing total gross earnings, we indicate separately the passenger and the freight revenues. In the case of the expenditures we report the outlays for both maintenance of way and maintenance of equipment as well as the traffic and transportation expenses. We also show the railway tax accruals and the net earnings after the deductions of such taxes and also the deduction of the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction of certain rents, namely equipment rents and joint facility rent We conclude by giving the miles operated on which the earnings are based. Full Details. Cents Discarded ceB^s 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. Com a R t T o ma^e publication absolutely complete, we add statements A lsoPG ?venC UmS 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 impos sible to obtain copies in any other way, as none will be printed for general sale. Only for Subscribers. WILLIAM B. DANA COMPANY, NEW 90 P in * Street PUBLISHERS YORK 136-138-140 F ront Street M ar., 1925.] RAILW AY EARNINGS 3 GENERAL INDEX TO ROADS APPEARING IN THIS SECTION Name— Page. Akron Canton & Youngstown---------------- 4 Alabama & Vicksburg____________________4 Alabama Great Southern. See Southern. 11 Ann Arbor________________________________ 4 Arizona East. Now incl. in South. Pac. .1 2 Atchison Topeka & Santa F e-------.4 and 14 Atlanta & W est Point____________________4 Atlanta Birmingham & Atlantic-------------4 Atlantic & St. Law. See C an. N a t. Sys. 5 Atlantic C ity _____________________________ 4 Atlantic Coast Line_________________ r — 4 U lan tic Steamship Lines. See S o . P ac. -1 2 Baltimore & O hio________________________ 4 Baltimore & Ohio Chicago Terminal____ 4 Baltimore Ches. & Atlantic. See Penn_ 10 Bangor & A roostook-------------------------------- 4 Beau.Sour L .& W . /SeeN.Orl.Tex.&Mex. 9 Bellefonte Central________________________ 15 Belt Railway of Chicago___________________4 Bessemer & Lake Erie_____________________ 4 Bingham & Garfield_______________________ 5 Boston & M ain e___________________________ 5 Brooklyn Eastern District Terminal____ 5 Buffalo & Susquehanna____________________ 5 Buffalo Rochester & Pittsburgh----------------- 5 Canadian National System _______________ 5 Canadian National Railways------------------- 14 Canadian Pacific_____________ '___________15 Canadian Pacific Lines in M ain e------------ 5 Central N ew England------------------------------ 5 Central of Georgia-------------------------------------- 5 Jentral R R . of New Jersey-------------------------5 Central Verm ont___________________________5 Charleston & W est Carolina-------------------- 5 Chesapeake & Ohio Lines_________________ 5 Chicago & A lton ___________________________ 5 Chicago & Eastern Illinois_______________ 5 Chicago & Erie. See Erie________________ 7 Chicago & N orth W estern________________ 5 'hicago Burlington & Q uincy____________ 5 hicago Detroit & Canada Grand Trunk Junction. See Canadian N a t. System . 5 hicago Great W estern____________________ 5 hicago Indianapolis & Louisville---------- 5 hicago Junct. Incl. in Chic. R iv. & Ind. 6 hicago Milwaukee & St. Paul-----------------6 hicago Peoria & St. Louis R R ___________ 6 hicago River & Indiana_________________ 6 hicago Rock Island & G u lf_____________ 6 hicago Rock Island & Pacific___________ 6 hicago St. Paul M inn. & Omaha_______ 6 hic.Ter.Hau.&Sou. Incl.in C M & S t .P . 6 incinnati Indianapolis & W estern---------6 inc. Leb. & N or. Now incl. in Penn___ 10 inc. N ew Orl. & Texas Pac. See S o u th -12 incinnati Northern. See N . Y . Central-10 ieveland Cincinnati Chicago & St. Louis. See N . Y . Central____________ 10 linchfield_________________________________ 6 aal & Coke. Incl. in Baltimore & Ohio 4 Dlorado & Southern______________________ 6 rdumbus & Greenville____________________ 6 imberland V a l. & Martinsburg. Note included in Pennsylvania_______________ 10 Blaware & H u dson_______________________ 6 slaware Lackawanna & W estern_______6 3nver & Rio Grande W estern____________6 snver & Salt Lake________________________6 3troit & M ackin ac_______________________ 6 3troit & Toledo Shore Line_____________ 6 3t. G r. H . & M il. See Can. N a t. S y s-_ 5 jtroit Terminal___________________________6 >troit Toledo & Ironton_________________ 6 lluth & Iron Range_____________________ 7 lluth Missabe & Northern_____________ 7 lluth South Shore & Atlantic___________ 7 Name— Page. Name— Page. New Orleans Great N orthern_____________ 9 Duluth Winnipeg & Pacific________________ 7 N ew Orleans Texas & M exico____ 9 and 14 East St. Louis Connecting________________ 7 N ew York Central_______________________ 10 El Paso&Southw. Now incl. in Sou.P ac.12 N ew York Chicago & St. Louis_________ 9 Elgin Joilet & Eastern____________________ 7 N ew York Connecting___________________ 10 Erie_________________________________________ 7 N ew York N ew Haven & H a rt.__10 and 14 Evansville Indianapolis & Terre H au te. 7 N ew York Ontario & W estern___________10 Florida East Coast_______________________ 7 N ew York Philadelphia & Norfolk. Fonda Johnstown & Gloversville________ 15 Now included in Pennsylvania________ 10 Fort Smith & W estern ____________________ 7 New York Sysquehanna & Western____ 10 Fort W orth & D en. C ity. See Col.&Sou. 6 Norfolk & W estern_____________ *_________ 10 F t. W orth & Rio G r. See St. L .-S . F ------11 Norfolk Southern_________________________10 G alv. Harrisb. & San A n t. See Sou. Pac. 12 Northern Albabm a. See Southern_______12 Galveston W h a rf___________________________7 Northern Pacific_________________________ 10 Georgia_____________________________________ 7 Northwestern Pacific_____________________ 10 Georgia & Florida_________________ 7 and 15 Oregon Short Line. See Union P a cific._ 13 Georgia Southern & Fla. See Southern. _ 12 Oregon-Wash. R R . & N a v . See U n. P ac.13 Grand Rapids & Ind. Now incl. in Penn.10 Panhandle & Santa Fe. See Atchison___ 4 Grand Trk. System. See Can. N a t. Sys. 5 Pennsylvania Railraod and Co____10 and 14 Grand Trunk W estern_____________________ 7 Peoria & Pekin Union___________________ 10 Great N orthern____________________________ 7 Pere M arquette___________________________ 11 Green Bay & W estern_____________________ 7 Perkiomen________________________________ 11 Gulf & Ship Island_________________________ 8 Pittsburgh & L. E . See N . Y . Central. .1 0 Gulf Coast Lines__________________________14 Pitts. C . C . & St. L . Now incl. in P enn.10 Gulf Colo. & Santa Fe. See Atchison___ 4 Pittsburgh Shawmut & Northern_______11 Gulf M obile & Northe rn___________________7 Hocking V alley ____________________________ 8 Pittsburgh & Shawmut___________________11 Houston & Texas Cent. See Sou. P ae.__12 Pittsburgh & W est Virginia______________11 Houston East & West Tex. See So. P a c.12 Port Reading______________________________11 Illinois Central System____________________ 8 Quincy Omaha & Kansas C ity ___________ 11 Illinois Central___________- _________________8 Reading C o. Sue. to Phila. & R ead____ 11 Indiana Harbor Belt. See N . Y . C entral.10 Richmond Fredericksburg & P otom ac. _ 11 International & Great Northern___________8 Rutland____________________________________11 Knawha & Michigan. Now included in St. Joseph & Grand Isl. See Union P a c ..1 3 N ew York Central_____________________ 10 St. Louis-San Francisco_____________ 11 and14 Kansas City Mexico & Orient R R _______8 St. L . Brownsv.& M e x . $ee N .O .T .& M . 9 K an. C ity M e x. & Orient R y . Co. of Tex. 8 St. Louis Merchants Bridge & Terminal. Kansas C ity Southern____________ 8 and 14 See Terminal Association of St. Louis. 12 Kansas Oklahoma & G u lf_________________ 8 S .L .-S a n Fran.&Tex. $eeSt.L.-San Fran 11 Lake Erie & Western. Now included in St. Louis Southwestern__________ 11 and 14 N ew York Chicago & St. Louis_______9 St. LouisS. W .R y .o fT e x ./S e e S t.L .& S .W .ll Lake Superior & Ishpeming----------------------- 8 St. Louis Transfer________________________ 11 Lake Term inal_____________________________ 8 San Antonio & Aransas Pass____________ 11 Lehigh & Hudson R iver__________________ 8 San Antonio Uvalde & G u lf______________11 Lehigh & N ew England____________________ 8 Seaboard Air Line________________________ 11 Lehigh V alley______________________________ 8 Southern Railway________________________ 11 Long Island. See Pennsylvania__________10 Southern Pacific__________________ 12 and 14 Los Angeles & Salt Lake__________________ 8 South. R y . in M iss. See Col. & G reenv. 6 Louisiana & Arkansas_____________________ 8 Spokane International____________________12 Louisiana Railway & Navigation C o ------8 Spokane Portland & Seattle______________12 Louisiana R y . & N a v . C o. of Texas---------8 Staten Island Rapid Transit______________12 Louisiana Western. See Southern P a c ..1 2 Tennessee Central________________________ 12 Louisville & Nashville_____________________ 8 Terminal Railroad Assn, of St. L o u is..1 2 Louisville Henderson & St. Louis________ 9 Texarkana & F t. Smith. See K an . C . So. 8 Maine Central_____________________________ 9 Texas & N ew Orleans. See So. P ac_____ 12 Michigan Central. See N . Y . Central___ 10 Texas & Pacific___________________________ 12 Midland V a lley ____________________________ 9 Tol.& Ohio Cent. Now incl.in N .Y .C e n t .10 Minneapolis & St. Louis___________________9 Toledo Peoria & Western. See Penn____ 10 Minneapolis St. Paul & S . , S M _________ 9 Toledo St. L . & W est. Incl. in N . Y . C . Minneapolis St. P . & S. .S M . R y . C o._15 & St. Louis______________________________ 9 Mississippi Central_____________ , ________ 9 Trinity & Brazos V a l. See Col. & South..6 Missouri & N orth Arkansas_______________9 Ulster & Delaware________________________ 13 Missouri-Kansas-Texas, including W ich Union R R . (of Pennsylvania)___________ 13 ita Falls & Northwestern_____ 9 and 14 Union Pacific_____________________ 13 and 14 Missouri-Kansas-Texas R y . of Texas____ 9 U tah _______________________________________ 13 Missouri Pacific___________________________ 9 Vicksburg Shreveport & Pacific__________13 Mobile & Ohio_____________________________ 9 Virginian___________________________________13 Monongahela. See Pennsylvania_______ 10 W a b ash ____________________________________ 13 Monongahela Connecting_________________ 9 W est Jersey & Seashore. See Penn_____ 10 M on tou r______________________ 9 Western M a r y la n d _______________ 13 and 15 Morgan’s Louisiana & Texas R R . & SS. Western Pacific___________________________ 13 Co. See Southern Pacific______________12 Western Railway of Alabam a____________ 13 Nashville Chattanooga & St. Louis_______ 9 Wheeling & Lake Erie____________________ 13 N evada N orthern__________________________ 9 W ich . Falls & Northw . Incl. i n M .-K .-T . 9 Newburgh & South Shore_________________ 9 Wichita Valley. See Colo. & Southern. 6 N ew Jersey & N ew York. See Erie_______ 7 Wisconsin Central________________________ 15 N ew Orleans & N orth East. See S o u th -12 Yazoo & M iss. V a l. See Illinois Cent . . 8 4 [You. 120. RAILW AY EARNINGS REVENUE RETURNS OF United States Railroads FOR JAN U ARY 1925 AN D 1924 A N D FOR TH E C A L E N D A R YEARS 1924 A N D 1923. In the following we furnish detailed figures of earnings and expenses for January 1925, as compared with January 1924, aDd also for the twelve months of the calendar years 1924 and 1923, 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 SI,000,000 per annum. Prior to the taking over of the roads by the~ Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthly returns were required from all carriers having railway operating revenues in excess of $100,000 per annum. In the closing page of this publication— page 14— we also give the Company returns where these differ in any way from the Commerce Commission returns or embrace more facts than are contained in the latter. Akron Canton & Ann Arbor Youngstow n — Jan. 1 to Dec. 31-------- Month of January— —Jan. 1 to Dec. 31-------- Month of January— i 1924. s 2,693,632 17.709 2,824,646 363,740 291,712 117,582 798,396 1,691.274 1,133,372 134,400 1,976 996,996 651,749 170 EARNINGS. Freight revenue______ Passenger revenue__ T ot., incl.other rev. Expenses— Maint. way Maint. o f equipm’t_ Traffic expenses__ Transportation exp. Tot .exp. ,incl .oth. Net from railroad___ T axes_______________ Uncollectible revenue. Net after taxes, &c Net after rents______ Aver, miles o f r’d oper. 1923. 1925. s s 2,564,613 209,987 10,772 507 226,852 2,695,136 34,269 376,911 25.235 267,099 11,068 105,237 802,429 66,986 1,660,400 148,293 78.559 1,034,736 12,386 169,863 872 10 864,001 66,163 507,083 ^ 32.094 170 171 1924. 1924. s $ 197,062 4,864,463 441.123 785 206,417 5,532.185 669,420 24,327 21,555 1,051.071 7,628 113,095 62,946 2,283,078 125,254 1 4,290,879 1,241,306 81,163 289,401 14,300 596 106 951,309 66,757 743,206 39,819 293 170 1923. $ 4,859,746 484,066 5,602,575 756.771 1,217,297 108.134 2,304,795 4,543,000 1,059,575 253,040 643 805,892 460,554 293 1925. s 394,651 33,531 443,255 26,087 93,436 9.667 209,535 354,639 88,616 22,000 64 66,552 38,860 293 1924. § 341,870 38,602 396,140 37.784 84.650 8.741 211,966 357,720 38,420 21,300 10 17,110 — 16.525 293 Baltimore & Ohio In clu d es Coal & C oke -—Jan. 1 to Dec. 31-------- Month of 1Q24 iqoq 80179 357 208587,996 14,558,255 19,047.718 30,752,791 2.258,443 124318 795 255594,435 18,077,973 16,638,363 29,318,701 2,150,827 :8,659,504 63,881,472 4,429.274 4.242,473 3,916,436 359,506 35,313.755 94,676.661 7,296,630 172752 633 199323.961 14.933.034 51,566,162 56,270,474 3.144,939 9,548,086 9,834,129 843,346 103.073 131.286 2,194 41.915.003 46.305.059 2.299.399 38,084,324 42,133,130 2,008,077 5,303 5,212 5,292 Atlanta & W est Point Alabama & Vicksburg January— 1Q94 14,948,652 2,411,968 18,449,738 2,500,292 4,681,610 350,051 7,680,846 15.879,276 2,570.462 858,959 18,663 1,692.840 1,474,461 5,303 B & O Chicago Terminal — Jan. 1 to Dec. 31— - —-Month of January— — Jan. 1 to Dec. 31 ------- -Month of January— i —Jan. 1 to Dec. 31------- -Month of January— 1924. EARN INGS. 1923. S $ 2,597.674 2,4-^9.231 754,063 768.933 3,601,427 3,464,104 622,245 621,502 705,002 613,292 114,724 111,008 1,182,112 1,154,929 2,812,102 2,664,181 789,325 799,923 " 310,452 331,377 1,016 2,240 477,857 466,306 525,857 “ 554,928 " 141 141 Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— M aint.way Maint. o f equipm’t . Traffic expenses___ Transportation exp. T o t.exp.,incl .oth. Net from railroad____ T ax es_______________ Uncollectible revenue. Net after taxes, & c. Net after rents______ Aver, miles of r’d oper. 1925. 1924. 199.739 63,388 285,502 32,248 50.626 9,360 102,190 211,414 74.088 27,317 46 46,725 48,991 ’ 141 194,767 67,057 281.307 64,656 53,407 9,573 111,876 256,706 24.601 17,931 183 6,487 10,729 141 S $ 1924. 1923. $ $ 1,677,020 874,596 2,939,380 401.611 512,099 107,635 1.030,701 2,241,784 697,596 166,254 645 530,697 388,737 93 1,678,533 922,461 2,950(512 448,812 493,031 112,948 1,042.833 2,283,861 666,651 171,756 963 493,932 345,712 93 1924. 1923. $ $ --------3,542,926 552,886 576,709 22,900 2.076.726 3.421,802 121,124 469,823 176 — 348.875 473,626 80 Birmingham & Atlantic Atchison Top & Santa Fe System Atlanta 134628629 139655,477 10.369.940 Freight revenue. Passenger revenue__ 42,562.564 46,445,181 3,498,441 194174 237 29.869,509 ,43,975,230 1 3.804,920 60.647.874 T o t.exp. ,incl .oth. 141141871 53,032,366 16.146,590 52,256 36,833,520 38,348,299 9,069 --------3,769,983 421,592 532,480 22.297 2,111,240 3.259.272 508,711 493,235 0 5 ,3 8 1 20,857 644,442 83 1925. $ 1924. % ______ — 297,808 281.29C 20,928 31,306 35,815 52,756 1,621 1.731 186.417 188,884 262.524 290,168 35.284 ‘ — 8,878 40,273 40,478 29 — 5.018 — 49.351 76.271 4,018 88 80 Bangor & Aroostook 9,174,222 3,962,345 203311.792 15.152.762 14.526.365 27.684,155 1,420,847 1,669,604 48,967,937 3,430,382 4,347,405 3.569.660 309,391 367.096 62,309,672 5,245,440 5,255,071 145687,273 10,872,687 11,686,131 57,624,519 4,280,075 2,840.234 18,983,091 1,324,157 1,139,364 95,534 1,355 7,127 38,545,894 2,954,563 1,693,743 40,815.194 2.885.279 'T .825.465 8,956 9,178 8,996 3,885,847 565.582 4,810,482 892,594 1,052,498 274.704 1,972,986 4,389,111 421,371 154,584 2,958 263,829 107,719 639 3,692,151 617,254 4.638,689 826,496 1,088.174 258,926 2,209,327 4,568,640 70,049 152,094 4,923 — 86,968 — 162,493 639 377.279 44,432 453.340 81,210 95,844 23,298 185,895 402,807 50.533 13.816 47 36,670 5.225 639 302.582 46,050 374,912 71,969 86,082 22,887 171.777 368,358 6,554 12,558 235 — 6,239 — 21,282 639 5,831,831 788,445 6,924,115 1,217,016 1,586,408 50.125 1,980,447 5.099.040 1,825,075 518,587 1.358 1,305,130 1,739,137 615 5,589.828 884,634 6,769,803 1.241,659 1,432,680 51,005 2,115,696 5.079.775 1.690,028 530.129 1.554 1.158,345 1,712.074 616 520,192 66,797 613.573 115,658 117,600 4.259 200.182 460,427 153,146 52,684 18 100.444 139,213 616 538.661 73,615 637,92116,581 149.39! 3,62" 198.64! 490.29! 147,62' 42,80 3. 104,79 140,19 61 A tlantic City G u lf C olorado & Santa Fe Belt Railway of Chicago — Jan. 1 to Dec. 31 ----- —Month o f January— — Jan. 1 to Dec. 31-------—Month of January— — Jan. 1 to Dec. 31------ —Month of January- EARN INGS. . f I . Taxes . . Net after rents. 1924. 1923. $ $ 24,453,327 19,790.688 4,071,992 4,333,498 30,125,126 25.604,899 5,451,013 4,421,318 6,274.471 5,926.951 558.064 544,396 8,816,029 8,369,942 21,822,626 19,946,023 8,302,500 5,658,876 1,046,423 999,314 10,696 13,319 7,245,381 4,646,243 6,241,010 3,963,151 1,908 1,908 — Jan. Taxes . S 140,347 77,357 249,934 31,843 46.207 9,779 105,264 208,813 41,121 15,167 44 25,910 15,158 93' 1924. $ 1 140,932 78,259 247,770 34,327 48.970 6,975 91,712 197,760 50,016 15,276 Cr 176 34,910 24,192 93 — Jan. 1 to Dec. 31--------Month of January— — Jan. 1 to Dec. 31------ -Month of January— A tch ison T ooek a & Santa F*“ 1924. 1923. 1924. — Jan. 1 to Dec. 31------ —Month of January— 1925. 1924. 1923. 1925. 1924. $ 1924. S $ $ 1923. 1925. 1924. $ $ $ EARNINGS. EARN ING S. 1925. $ 1924. $ 1924. * 1,501,223 3,017,305 4,747,277 1,317,817 378,705 95,135 2,440,302 4,299,096 448,181 270,829 347 177,005 — 157,100 i69 P anh an dle & Santa Fe Dec. 31— —Month of January— — Jan. 1 1 to 1924. $ 9,019,080 . 1,520,080 r . 11,111,588 y 1,392,562 . 2,531,154 97,576 . 3,135,139 l. 7,350,310 . 3,761,278 537.948 . » 3,133 . 3.220.197 . 2,693,970 r. _ 858 1925. 2,064.629 1,618,854 348,684 308,176 2,513,216 2,083,597 390,532 383,701 536,667 563,886 52.382 47.987 742,929 685,217 1,788,124 1,751,283 725,092 332,314 87 659 R3 9Q3 877 U822 636,556 246,499 ; 502,198 t==] 55 552 1,908 U908 ; 1923. 1925. 1924. $ $ 1.511,029 114,517 93,126 3,144,952 117,911 118.928 4,850,619 246,704 226,588 1,048,362 123,583 102,437 493.655 66,771 32,432 71,727 3,560 5,551 2,614,568 182,412 178,820 4,289,807 380,983 323.303 560,812 — 134,279 — 96,715 237,545 22,696 19,949 566 11 322,701 — 156,975 — 116.675 — 150,901 — 187,169 — 140,220 170 169 170 1924. $ _____ 6,841,827 599,482 656,516 1 35,082 ! 3,128,125 I 4,572,322 2,269,505 530.521 906 1,738,078 1,732,557 ' 32 l 1923. $ ______ ---------------------------..........---------- 1925. $ — 607,482 30,223 71,680 3,065 299,190 414,080 193,402 39,787 1924. $ — 557.44 33,73 79,58 2,51 290,15? 418,86 138,5< 35,57 -------... ____ -------153,615 -------102,91 .. . 129,917 136,11 32 ......... Atlantic Coast Line Bessemer & Lake Erie to Dec. 31— —Month of January— — Jan. 1 to Dec. 31— —Month of January- 1923. 1924. 1925. 1924. $ $ $ $ 6,863,994 785,813 626,036 57,288,726 1,552,140 117,893 139,196 17,755,927 8,880,456 952.281 806.6641 81,785,921 1,374.486 68.954 57,58 10,660,590 2,681,285 186,732 213,25' 16,833,082 94,253 1,531,249 9.161 7,911 2,619,817 255,233 217,856 29,063,109 6,969,577 538,425 516,058 60.335,126 1.910,879 413,856 290.611 1 21.450,795 „ 27G.834 1 26,687 5,625,000 26,21, 3,318 ' 1 62 * 8 59,234 131 1,636.727 387,107 264,26' 15.766,661 1,258,046 329,011 jk .229.461 15,179,185 858 4,865 185 • usk. 1 8513j 1923. $ 56,580,484 17,995,083 80,882,311 10,191,291 17,349,029 1,367,842 28,814,876 59,868,429 21,013,882 5,425,000 42,457 15,546,425 15,496,609 4,860 1925. $ 4,780,784 2,052.213 7,472.902 926,035 1,367,722 138.834 2,665,984 5,316.064 2,156,838 400,000 901 1,755,937 1,584,503 4,869 1924. 1924. 1923. $ $ $ 4,779,401 13,953.299 19,629,484 284,507 347,217 2,036,699 7,366.892 14,506,820 20,367,251 1,532,621 1,365,695 795,679 5,258,897 6,783,784 1,380,011 184,064 199,661 135,557 2,545,656 4,104,930 5,275,489 5,049,007 11.356,945 13,917,892 2,317,885 3,149,875 6,449,359 879.612 992,023 350,000 301 193 2.940 2.269,962 5,457,143 1.964,945 2.800,953 6,835,256 1,851,223 228 228 4,868 1925. 1924. $ $ 809,997 750,If 19,804 24,3 851,125 795,71 57,082 73,2: 357,591 476,61 14,794 13,4! 289,340 316,3! 745,731 901,9' 105,394 — 106,2: 30,000 42,5i 40 75,354 — 148,7. 158,116 — 56,8 228 2 Mar., 1925.] KAILW AY EARNINGS Bingham & Garfield 5 Canadian National System Chesapeake & Ohio Lines -Jan. 1 to Dec. 31— — Month of January— A tla n tic & St L aw rence RR 1924. 1923. 1925. 1924. EAR N IN G S— Jan. 1 to Dec. 31— —Month of January— 1924. 1924. 1923. 1925. $ $ 1924. 1924. 1 1923. 1925. $ $ $ $ Freight revenue____ 478,505 48.242 34.955 1,848.387 2,555,257 209,054 189.714 92,223,411 85,202.379 8,021.298 6,809,655 437,449 10,851.180 11,650,942 808,659 855,171 Passenger revenue.. 391 402.223 401,674 34,124 ____ ____ 79 31,513 v 496.212 456,242 49.293 36.485 2,427.877 3,149,125 255,213 239,938 108033449 101975,798 9,232,551 8,037,518 y 125.327 7,282 6.048 690.961 857,033 31,296 15,551,839 12,847,571 1,343,506 1,026,338 67.885 29,926 80,545 506.448 666.703 39,279 52,619 30,116,566 28,693,867 2,390.184 2,134,310 62.540 10,450 12,026 106,371 74.340 17.617 1.600 68,604 5,683 6,127 1,173,219 1,040,339 93,629 20,728 2.200 10,150 1.377.627 1,944,721 132.526 166,658 33,127,514 33,725,953 2,982,208 2,839,294 119,238 14.268 128,596 415,365 40.312 32,384 2,775,090 3,683,834 213,274 274,375 82,781,705 78,880,781 7.070 e.51 6.329.145 333,674 Net from railroad. 41.939 ,=— 34,437 25,251,744 23,086,017 2,161,1U0 1,715,373 8.981 4J01 — 347.213 — 534,709 80,847 1==T 22.568 T a x e s______________ 118.180 197,823 181,800 438,801 373,875 95.756 9.980 14,631 15,150, 4,628,463 4,687,390 10,103 160.205 29,274 Uncollectible revenue. ______ | 3,892 189 6 372 3,000 1,265 Net after taxe — 1,122 — 37,339 26,440 — 5,879 — 548,928 716,698 27,308 — 19,587, 20,463,076 18,360.353 1,719.8Q9 1,340,233 Net after rents. 134,776 10,397 -1,235,968 -1,644,989 — 39,401 ’— 121,775 21,892,920 19,135.359 1,845,869 1,482,138 167,293 11,628 2,555 2,552 34 34 32 34 166 166 2,610 166 166 2,552 1 C h icag o D etroit & Canada Gr T ru n k Jet Chicago & Alton Boston & Maine — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— —Month of January— '{no a 1 ^ ec" 31--------- Month of January— 1924. 1923. EARN INGS. 1924. 1924. 1924. 1923. 1924. 1925. ' 1924T 1925. 1923. 1925. 1 $ $ $ $ $ $ $ $ 47.944.422 53.296.874 3.780.460 3.745,107 2.391,609 2,833.196 219.150 21,675.681 24,027,397 1,935,504 1,875,873 224,195 89,824 113.795 21,309,338 23,022,539 1,707,774 1,774,579 3,904 8.880 6,431,465 6,858,010 527,393 527,032 T ot., incl. other rev.. 78.697,297 86.193,418 6,284.492 6,315,674 2,926,234 3,393,576 258,953 30,854,030 33,588,193 2,609,324 2,722,438 266,265 Ixpenses— Maint.w; Y 10,076.152 11.549,309 329,993 236,751 893.320 863.004 12.326 11.276 4,169,311 4,558,105 251,650 224,298 Maint. o f equipm’ 144,177 199.078 10.448 7,011,157 8,102,878 16,289.365 19.480.441 1,347.523 1,499.660 12.556 618,097 670,848 777,107 708,794 Traffic expenses... 72.923 49.285 5.312 694.260 659.369 59.008 55.465 3,850 68,284 60,360 11.325,216 11.393.592 Transportation exp. 33.828,789 40,689.059 2,879,862 3,101,302 985,186 1,031,123 85,559 89,471 1.091,417 1,096,597 T o t.exp., incl .oth.. 63,912.556 75,254,893 5,453.758 5,779,748 1,571.183 1,561,144 117,549 119,900 23,893.469 25,389,228 2,088,713 2,101,765 14,784.741 10.938.525 148.716 139,053 6,960,561 8,198,965 830.734' 535.926 1,355.051 1,832.432 601,611 620,673 145,772 108,831 8,252 1,243,085 1,275,521 14,000 3.040.802 2,930.959 259.049 239.096 98,915 83,800 4.822 201 169 8.612 269 11 11,948 4.458 6.125 539 951 502,157 Net after taxes, &c. 11,731,991 8,003,108 134,705 130,801 5,712,654 6,914,832 565,560 296,561 I 1,209.078 1,723,432 535,922 Net after rents______ 8,972.022 2,987,415 895,920 1,399,905 92.028 105,156 108,415 4,394,793 5,319,568 349.355 362,173 428,413 1,050 Aver, miles o f r'd oper. 59 59 59 59 1,050 2,245 2,287 2,287 2,228 1,055 1,050 D etroit G rand Haven & M ilwaukee Chicago & Eastern Illinois Brooklyn Eastern District Term’l Jan. 1 to Dec. 31-------- Month of January— — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— —Month of January— 1924. 1924. 1923. EARN INGS. 1923. 1925. 1924. 1924. 1924. 1923. 1925. ,n o„ 1925. 1924. $ $ $ $ $ $ $ $ $ $ $ 5,421,292 5,812,127 *■ i c i g u u 1 C V C 1 1 U O ____ _ 400,638 438,565 19.381.436 21,243,932 1,886,287 1,969.875 1,297,807 1,391,736 452,742 Passenger revenue. 510,839 42,191 39,002 4,672,601 5,029,041 100.317 105,833 417,298 429,885 483.949 522,443 26.068,788 28.405.408 2,481,738 2,571,632 108.706 112,866 6.438.868 6,935,222 1,379,527 1,488,725 921,662 33,982 44,265 2,604.958 3,144.876 6.737 10,625 1.066.197 96,545 85.288 222,699 274,424 601.531 786.111 50.419 9.458 46.208 7.827.155 8,694.382 173,119 189.561 10.667 733,546 699,524 n a u u ; o A p c u s c a ____ 172.814 122,939 10,632 602 12,553 3.821 75 633.423 539,476 3,931 56,299 46,427 266,268 10.408,218 10.948.327 Transportation exp. 257,433 549,812 42,397 2,967.928 3,144,876 517,799 42,285 976,803 1,069,651 368,398 68,584 4,993,063 5,184,256 385,423 22,453,256 24,279,112 2,085,931 2.173,557 896,074 64,711 856,745 44.282 1,445,805 1,750,966 115.551 137.020 3,615,532 4,126,296 522,782 43.995 592.651 395,807 399,075 65,431 40,602 Taxes 6,402 4,950 4,575 1.445.000 1,555,000 6,989 80,295 79,668 110,000 110,000 5,105 1,993 72 944 14,615 7,866 975 1,078 110,529 131,501 2,155,917 2,503,430 Net after taxes, &c. 37,880 1,375,269 1,708,281 442,487 512,983 37,006 284,832 287,997 646,654 290,798 Net after rents______ 14,296 54,179 38,160 1.467,259 3,324,116 525,483 37.006 455.567 257,514 265,925 189 189 189 189 Aver, miles of r ’d oper. 9 9 9 9 945 945 945 945 Buffalo & Susquehanna RR Corp Chicago~& North Western Central New England — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— —Month of January— — Jan. 1 to Dec. 31-------- Month of January— EARNINGS. 1924. 1924. 1925. 1923. 1924. 1923. 1925. 1924. 1924. 1923. 1925. 1924. $ $ $ $ $ $ $ * $ $ $ S Freight revenue___ 186,999 209,948 7,732.396 1.811,901 2,671.292 103516754 113092,826 7,901,884 7,580,053 7,501.690 562,840 623.479 Passenger revenue. 5,502 5,617 57,748 61,231 | 153,754 195,695 11,556 13,987 28,872,655 30.390.660 21272:409 T ot., incl. other rev. 1.913.818 2,780,877 195.642 218.643 8,145.477 7,988.226 595,944 659,143 i o 9^ n nro k ^ S i!?’965 11.495.033 11,516,292 33.686 1,459.206 1,344.053 401,792 32,214 582.967 86.102 95.124 22.559,053 23,368.264 1,066,587 1,153,825 87.026 1,485.059 1,660.716 69.504 798.124 1,060.429 121,580 118.703 30.581.466 35.920,062 2,648,984 2,476,841 1.892 1,977 26.721 23.184 159,708 146,855 62,324 57,101 5.687 4.943 2,047.151 2,007.070 69,422 2,611,935 2,832,352 58,640 604,129 862,095 232,489 236,416 60,501,486 66,508,610 5,137,328 5,658,601 201,330 5,763,907 6,016,734 Tot.exp.,incl.oth. 1,940,431 2,652,044 172,209 460,817 466,108 120536 645 132507,531 9,404,126 9,872,909 17,313 2,381,570 1,971.492 23,433 — 26.613 128.833 135,127 ’ 193,035 28.917.939 27,918.434 2,090,907 1,643,383 Taxes 10,500 10,200 71.747 147,990 800,000 750,000 299,942 296,436 25,500 25,700 9,348,842 9,277,409 135 1 63.521 64,133 3,365 11,450 336 351 12 48 6,813 2,081,292 1,674,705 13,233 — 98,495 — 19,158 19,505,576 18,576,592 1,287,542 881,933 109,615 167,287 46,449 1,720,775 1,063,396 238,613 564,699 46,436 982,549 606,867 71,517 120,283 16,784,051 15,843.375 253 253 253 253 8,462 8,462 8.462 8,462 294 295 292 295 -Jan. 1 to Dec. 31------- Buffalo Rochester & Pittsburgh Central Railroad of New Jersey — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— —Month of 1924. 1924. 1923. 1925. 1924. 1923. 1925. $ $ $ $ $ $ $ Freight revenue____ 13.575,578 19,310,3^2 1,078.112 1,245,988 42.413,580 44.035,758 3.346,340 Passenger revenue. 143,991 9,699,917 9,907,171 136,112 1,628,372 1.762,856 720,094 15,951,853 22,024,651 1,276.385 1,438.904 55.466,963 57.383,653 4,456,703 175.909 6,058.276 5,660,110 I 1,713.591 3.913.515 129.808 526.011 509.550 9,819,916 17,087,290 1,033.849 4,683.447 7,079.623 374,108 25.079 309,012 26.281 307.580 449,521 459,049 38,957 598,756 21,798,966 23,820,559 1,715,448 6.240,218 8.433.139 521,895 13,451,122 20,175,269 1,096,216 1,350,185 39,652,657 48,550,288 3,444,793 Net from railroad___ 88.719 15.814.306 8,833.365 1,011,910 2,500,731 1,847.382 i80,169= Taxes______________ 35,000 4,513,237 3,791,767 35,000 407,000 401,023 345,777 Uncollectible revenue. 12 138 932 863 47,481 15,343 632 2,092,799 1,447,496 53,581 11,253,588 5,026,255 145,157 665,501 144.941 10,273,251 4,583,236 2,641,407 2,985,651 ’ 187,156 580,031 591 590 591 589 692 694 692 EARN ING S. Canadian Pacific Lines in Maine — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to 1924. 1924. 1925. 1923. 1924. $ S $ $ $ Freight revenue. .. 261,743 6,272,346 2,023,558 2,110,507 229,557 40,108 1,241,839 404,024 28,185 433,281 321,371 8,380,752 2,608,937 2,736,452 274,595 25,424 23,991 652.345 562,327 1,595,225 43,371 50,755 1,381,827 518,218 560,783 4,752 4,962 59,159 59,044 166,626 1,177,712 1,328,111 136,303 3,863,359 117,518 219,409 7,298,127 2,449,789 2,555,162 195,304 101,962 1,082,625 ■let from railroad____ 159,148 181,290 79,291 fa xes___________ 11,000 11,000 133,383 129,266 229,070 Jncollectible revenue. 1,587 90,962 Net after taxes, &c 25,765 52,024 68,291 851,968 Jet Rafter rents_____ — 120,899 56.503 76,495 — 99,446 471,088 Lver. miles o f r’d oper. 233 233 233 233 434 EARNINGS. Central of Georgia EARN ING 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. Tet from railroad___ ‘axes_______________ ncollectible revenue. Net after taxes, &c_ "et after rents______ ver. miles o f r’d oper. Central Vermont ChicagcTBurlington & Quincy -Jan. 1 to Dec. 31-------- Month of January— 1924. 1923. 1925. 1924. i l 9Z ? H 73 26,522,642 162674 878 19-413.916 34,786,170 2,877,618 57,810,258 119958 734 126433-098 10,173,514 9,630,783 28,569,831 2,086,425 2,209,208 171270,661 13,400,036 13,026,666 21.984.557 1,166.578 1,050,623 40,654.336 3,378,916 3,316,169 2.815,004 231,322 249,126 63,395,808 5,310,774 5,518,305 134290,379 10,536,081 10,657,859 2,863.955 2,368,807 10,642,576 9.268.055 875.338 794,722 75.474 57,456 3.459 3,890 1,985,158 1,570,195 1,819,564 1,341,591 9,407 9,401 9,396 9,405 Chicago Great Western Dec. 31------—Month of January— 1924. 1923. 1925. 1924. $ 8 $ 6,345,778 417,934 485,200 1,307,523 104,600 106,500 3,909,610 4,277,383 8,627,980 576,395 653,268 1,339,133 102,728 92,584 3,682,233 3,791,296 1,487,217 113,501 108.593 4,726,280 5,238,113 806,996 160,463 777,057 15,019 12,355 4,430,719 321,134 319,5.76 7,677,080 578,652 563,107 20,238,411 21,431,016 950,900 — 2,257 90,161 4,488,267 4,292,691 243,114 19,650 945,933 956,144 18,037 582 3,854 3,330 37 4 707,204 — 21,944 72,120 3,538,480 3,433,217 150,720 — 33,056 45,203 2,234,046 2,118,674 524 434 1,496 433 1,496 1925. 1,500,448 329,677 1,992,693 167.080 445,451 67,785 907,801 1,658,524 334,169 82,620 397 251,152 137.747 1,496 1924. 1,321,754 365,237 1,842,035 185,083 412,482 60,748 949,088 1,673,412 168,623 77,620 247 90,756 11.911 1,496 Charleston & Western Carolina — Jan. 1 to Dec. 31— —Month of January— — Jan. 1 to 1924. 1923. 1925. 1924. 1924. $ $ $ $ $ 19,376.527 1.8,040,943 1,406.393 1,406,251 3,352,126 5,378,293 5,675,132 509,271 498,968 377,997 27,173,841 26.198,846 2,178,853 2,090,165 3,908,781 4,201,129 3,414,982 396,309 269.915 692,459 4,866.691 5,605.847 398,786 439.863 578,234 823.287 835,118 66,979 70,361 87,526 10,148,631 10,197,285 '859,748 1,561,942 890,138 21,071,051 21,138,070 1,874,684 1,703,727 3,002,385 6.102.790 5,060.776 304,169 386,438 906,396 1,344,503 1,177,929 88,533 96,398 227,500 35,910 20,543 311 1,163 2,750 4,737.744 3,846,937 215,325 288,8771 676,146 568,597 1,920 1,920 1,920 1,920I 342 January— 1924. $ 3,442.460 670.975 4,352.088 494.732 1,502,394 37,141 1,903,036 4,065,741 286,347 457,931 5,708 — 177,292 — 209,708 693 Dec. 31------ —Month of January— 1924. 1923. 1925. 1924. $ 8 $ L 3,248,953 256,905 244,852 454,506 29,115 35,005 3,014,956 3,878,508 302,264 293,539 1 692,534 56,867 58,241 1,769,709 585,697 41,360 45,863 3,603,969 403,381 85,325 6,612 7,421 1,583,919 135,838 135,196 6,111,834 3,026,854 247,214 253,317 l 851.654 55,050 40,222 4,575,259 936,986 210,000 20,000 17,500 1,353 1,861 23 51 639,723 35,027 22,671 449,996 22,231 13,933 342 342 342 1923. 1925. 1924. 1,068,441 235,730 1,438,029 128,281 331,348 33,849 541,020 1,086,258 351,771 74,030 133 984,047 237.608 1,351,053 135,407 322,935 32,181 544,560 1,083.492 267,561 62,811 41 S 3,217,162 1,767,297 3,912,056 397,154 6,288,278 4,980,090 1,043,768 1,031 6 RAILW AY EARNINGS Chicago Milwaukee & St Paul EARNINGS. Freight revenue______ Passenger revenue__ Tot.,incl. other rev. Kxilenses— M aint.way Maint. o f equipm’t . Traffic expenses__ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r’d oper. In cl C h icago Terre H aute & S outheastern — Jan. 1 to Dec. 31-------- Month of January— 1Q94. 120070603 21,768,171 158366459 22,449,379 34,120,037 2,425,580 61,880,508 125550061 32,816,398 9,014,061 127,830 23,674,507 18,972,106 10,986 iq o q 127953,i06 24,175,892 169628,338 23,063,613 38,375,029 2,506,008 66,545,638 134999,228 34,629,l i d 8,614,180 3,112 26,011,818 20,167,713 11,010 iq o k 1 Q9/1 9,923\462 9,012,682 1,705,853 1,972,841 12,953,573 12,394,833 1,142,057 1,230,850 3,064,134 3,178,661 202,762. 185,067 5.648.7C5 5,660,674 10,436,222 1U,658,111 "2,517,351 1,736,722 750,000 750,000 2,487 7,494 1,764,864 979,228 " l , 376,070 ‘ 627.513 11,204 10,990 Chicago Peoria & St Louis EARNINGS. Freight revenue __ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. Net from railroad___ T a x es__ __ _______ Uncollectible revenue. Net after taxes, &c_ Net after rents. . Aver, miles o f r’d oper. EARNINGS. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. Tot .exp. ,incl .oth. Net from railroad___ T a x es_______________ Uncollectible revenue . Net after taxes, &c_ Net after rents______ Aver, miles o f r’d oper. EARNINGS. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .wav Maint. o f equipm’t . Traffic expenses__ Transportation exp. Tot.exp.,incl. oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r’d oper. EARNINGS. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. Tot .exp. ,incl .oth. Net from railroad___ T ax es_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ A ver. miles o f r’d oper. Freight revenue_____ Passenger revenue.. T o t., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. Net from railroad___ T axes______________ Uncollectible revenue Net after taxes, &c Net after rents_____ Aver, miles of r’d oper. Clinchfield RR. Form erly C arolina C lin ch field & O h io -Jan. 1 to Dec. 31-Month of January— 1924. 1923. 1925. 1924. 732,257 ______ 36,238 ........... 781,780 77,772 203,847 25,124 170,569 498,246 283^534* 55,000 1 228,533 304,294 309 Colorado & Southern System Delaware Lackawanna & Western — Jan. 1 to Dec. 31— — Month of 1924. 1923. 1925. $ $ $ 63,468,385 64,319,854 4,972,230 13,604,896 14,256,421 1,121.894 86,753,529 88,490,646 6,890,131 7,757,758 7,763,988 611,992 18,716.671 21,336,026 1,644,896 1,407,569 1.316.003 115,239 34,132,944 37,033,391 2,909,160 64,560,062 69,968,455 5,501,219 22,193,467 18,522,191 1,388,912 i 6,900,582 6,020,947 531,040 I 12,511 22,252 229 15,280,374 12,478,992 857,643 15,870,712 13,442,543 839,318 992 993 992 January— 1924. $ 5,088,150 1,109,670 6,992,984 588,699 1,629,311 127,867 3,039,333 5,607,182 1,385,802 485,040 2,479 898,283 914,166 993 Denver & Rio Grande Western C olorado & S ou th ern -Month of January— — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31-------- Month of January— 1925. 1924. 1923. 1925. 1924. 1924. 1923. $ 1925. 1924. $ $ 1,036,629 1,111,011 9,931,852 9,678,525 98,460 905,824 890,443 25,107,743 25,309.887 2,119,322 2,011,239 1,870,378 2,050,328 5,151,129 5,789,354 142,273 162,958 10,004 344,212 128,395 146,515 368,351 12,834,288 12,675,913 1,113,175 1,114,362 33,011,558 34,587,497 2,649,137 2,551,755 1,300,335 1,404,059 118,248 1,639,305 1,867,164 232,942 240,875 14.725 405,602 256,912 92,074 98.136 6,128,433 5,534,640 2,864,125 3,478,862 219,946 252,930 25,484 240,652 623,068 762,107 288,094 9,151,008 9,653,292 163,984 165,701 19,979 25,971 2,093 615,703 591,503 49,279 10,156 11,895 52,250 4,849,627 5,026,238 __ 436,419 665,258 749,840 60,540 J47.264 11,378,447 12,698,471 996.498 1,018,523 10,127,488 11,154,293 __829,612 1,241,597 1,370,338 111,733 894,726 28,591,457 30,030,670 2,194,653 2,204,866 2,706,800 1,521,620 33,721 ‘ 58,738 6,515 454,484 283,563 346,889 ‘ 219,636 4,420,1 Of 4,556,827 765,494 777,516 47,509 38,081 3,500 63,640 168,000 167,775 62,626 1,986,335 1,885,130 1,929 4,974 132 34 9,837 458 8,137 413 35 311 533 — 4,492 — 2,328 1.939,377 739,130 _ 2 1 9 ,8 8 8 10,771 2,981 286,071 178,803 156,477 2,423,929 2,663,560 — 23,054 Y ,759,280 — 248,849 "— 187,879 — 20,877 ‘ 790,130 309,782 189,358 143,870 2,785,083 3,231,815 207,590 1,091 1,099 247 247 2,600 2,595 247 247 1,056 1,099 2,566 2,598 F ort W orth & Denver C ity Denver & Salt Lake Chicago River & Indiana — Jan. 1 to Dec. 31------ -M onth of January- — Jan. 1 to Dec. 31— — Month of January— In clu d es C h icago Ju n ctio n -Jan. 1 to Dec. 31------- Month of January1924. 1923. 1924. 1923. 1924. 1925. 1924. 1925. $ $ 1924:. 1923. 1925. 1924. 8,280,360 6,865,281 807,532 292,820 141,633 670,401 2,730,494 2,233,934 324,789 271,921 2,231,245 2,188,048 185,124 23,560 19,343 175,347 6,951,860 7,481,482 613,477 621,006 11,121,721 9,625,851 1,047,239 336,904 184,569 882,150 ; 3,350,614 2,804,172 948,856 895,059 959,563 574,190 896,389 779,077 49,259 60,687 65,567 43,175 36,333 64,646 813,289 841,558 89,452 57,723 2,031,895 2,138,437 193,342 951,708 104,468 100,519 1 6,125 1,221,298 173,583 15.139 151,229 13,524 10,535 11,248 836 1.244 888 13,685 1,084 9,456 335,902 2,743,529 2,897,854 256,529 255,138 3,0 16,013 2,941,728 118,468 81,289 274,924 1,022,366 1,018,582 649,662 4,606,255 4,669,144 419,994 374,845 6,690,284 6,657,629 556,660 3,232,397 2,629,870 273,375 225,812 118,217 174,302 63,529 2,3457605 2,812‘ 338 193,483 246,161 4,431,427 2,968,222 397,577 — 41,243 325,490 696,852 104,168 458,887 106,744 448,928 440,424 9,000 37,099 40,605 59,155 9,000 36.933 4,969 7,543 19 163 1,398 13 26 258 14,030 J.38,409 67,395 1,895,279 2,371,914 156,384 205,556 3,729,616 2,501792 54,503 — 50,243 288799 47,056 79,296 53,246 — 45,021 3,208,855 "3,359,727 275,584 308,517 3,724,150 ‘ 2,8777039 339,6651 '317,458 456 255 456 255 19 19 19 455 255 255 19 456 T rin ity & B razos Valley Detroit & Mackinac Chicago Rock Island & Gulf — Jan. 1 to Dec. 31— — Month of January— Month of January— Jan. 1 to Dec. 31— — Month of January— -Jan. 1 to Dec. 31— 1924. 1923. 1923. 1924. 1925. 1924. 1925. 1924. 1923. 1925. 1924. $ $ $ $ $ S $ S 1,447,935 1,418,984 5,264,234 4,408,132 425,121 89,493 84,175 385,847 ! 303,046 344,774 29,687 920,956 910,718 33,450 89,673 88,164 1,925,509 1,924,863 6,693,418 5,774,646 130,846 127,587 555,113 515,329 351,414 374,869 17,323 882,555 877,737 67,852 52,660 19,474 448,979 573,800 38,432 38,139 811,597 885,778 60,029 79,064 24,349 24,057 2,006 172,363 158,107 14,872 12,920 1,836 703,823 729,615 58,878 63,762 2,550,687 2,601,534 236,241 216,357 1,601,595 1,770,723 123,091 4,642,054 4,717,243 128,381 398,786 379,091 323,914 154,140 7,755r 2,051,364 1,057,403 — 794 156,327 136,238 126,613 100,535 10,153 9,503 153,828 88,285 12,484 12,838 734 1,117 759 1,041 133 29 172 196,567 52,488 — 2,398 — 10,430 1,896,777 143,460 123,582 968,077 63,141 274,773 142,049 20,625' — 2,279 1,522,199 719,700 117,277 67,029 83,873 376 380 375 375 461 461 461 461 W ich ita V alley Detroit & Toledo Shore Line Chicago Rock Island & Pacific — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of Januitry- — Jan. 1 to Dec. 31— — Month of January— 1924. 1924. 1923. 1923. 1925. 1924. 1925. 1924. 1924. 1923. 1925. $ .$ $ $ $ $ $ $ $ $ $ 3,402,138 4,178,484 332,600 138,973 304,502 89,921,497 88,701,192 7,267,774 6,494,295 1,482,631 1,153,535 314,218 315,606 24,965,090 26,548,097 2,075,176 2,173,161 25,973 339,436 309,757 124187093 124628,438 10,087,885 9,378,936 1,909,477 1,558,456 174,845 179,743 3,450,167 4,251,253 255,899 360,478 227,170 370,261 28,482 20,757 29,204 14,204,035 14,791,716 1,014,001 942,521 25,558 363,742 119,658 120,777 446,613 28,915 36,196 7,267 10,602 27,125,483 28,267,889 2,191,685 1,924.562 34,369 278 30,184 465 2,948 3,501 193 2,456,937 2,252,550 214,317 192,949 542,199 1,069,986 1,248,592 525,035 114,812 108,176 52,458 49,230,474 51.501,773 4,270,831 4,483,796 931,325 1,937,870 887,543 2,219,403 171,996 191,017 96,564,492 100272,892 8,033,585 7,853,674 89,527 _94,111 978,152 670,913 167,440 85,318 118,740 85,632 1 1,512,297 2,031,850 27,622,601 25,355,546 "Y o d Y so d 1,525,262 277,362 119,001 84,785 259,600 28,199 25,000 9,758 6,932 6,417,259 5,512,349 518,954 516,798 486 542 2,931 180 158 55,963 15,961 1,337 1| 10,774 856,220 585,948 1,234,449 1,771,708 139,241 75,402 93,740 21,149,379 18,827,236 1,524,572 1,007,127 603,781 608,161 318,457 398,106 47,701 53,445 — 5,230 16,191,390 14,121,464 1,154,187 537,854 61 271 269 61 61 61 271 271 7,611 7,578 7,635 7,635 — Jan. 1 to Dec. 311924. 1923. Chicago St Paul Minn & Omaha EARNINGS. [V ol. 120. Columbus & Greenville Detroit Terminal — Jan. 1 to —-Jan. 1 to Dec. 31— — Month of January—■ Form erly S ou th ern R y in M ississippi — Jan. 1 to Dec. 311924. 1924. 1924. 1923. 1925. 1924. 1923. $ 1925. 1924. $ $ $ 8 97,030 20,019,002 20,074,017 1,690,098 1,507,315 1,206,172 1,112,301 342,324 378,540 31,939 5,709,095 6,110,998 478,722 539,971 2,269,353 136,262 27,915,736 28,363,234 2,337,768 2,236,061 1,640,836 1,574,656 458,724 319,425 441,290 45,336 3,717,699 3,653,661 184,279 212,041 145,295 216,898 227,224 18,817 503,602 5,074,994 5,678,518 434,640 97 32,520 38,124 2,626 392,246 421,396 32,707 35,574 626,104 1,188,906 590,313 51,123 12,037,511 12,818,667 1,088,554 1,103,085 1,681,846 127,976 22,189,824 23,516,147 1,826,096 1,933,999 1,449,266 1,412,651 587,507 191,570 162,005 8,286' 302,062 5,725,912 4,847,087 511,672 219,804 6,652 16,631 1,5001,615,939 1,598,503 125,264 125,814 836 2 1,435 64 13,072 12,203 2,698 407 366,867 174,937 153,918 .6,722 7,663 383,710 175,841 4,096,901 3,236,381 496,430 30,052 533 — 5,345 314,314 104,591 3,408,989 3,028,915 26 167 167 167 1,749 1,749 1,749 1,749 Cincinnati EARN INGS. Freight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp.,incl .oth. Net from railroad__ T axes______________ Uncollectible revenue . Net after taxes, &c. Net after rents___ Aver, miles o f r ’d oper 1924. $ 3,843,261 385,052 4,520,729 602,418 958,662 169,295 1,826,367 3,780,199 740,530 228,214 516 511,800 308,890 347 Indianapolis & W est 1923. $ 3,814,516 457,871 4,629,344 566,458 1,033,847 139,439 1,884,969 3,870,014 759,330 235,897 5 523,428 295,148 347 1925. $ 345,564 32,495 411,257 29,244 89,872 16,381 174,652 328,135 83,122 20,448 62,674 41,805 347 1924. $ 299,043 32,678 356,524 27,589 79,941 11,782 154,576 292,795 63,729 20,000 232 43,497 30,154 347 Delaware & H udson 1924. $ 38,590,773 3,805,756 44,954,449 5,303,279 12,186,232 573,518 16,628,568 36,622,436 8,332,013 1,364,700 11,404 6,955,909 7,431,880 894 1923. s 40,455,327 4,005,552 47,194,777 4,392,809 13,093,713 485,863 19,301,217 39,238,137 7,956,640 1,057,504 10,641 6,888,495 0,512,344 887 1925. $ 2,940,164 302,327 3,508,737 514,553 986,772 46,346 1,416,289 3,129,900 378,837 112,300 505 266,032 295,026 894 Dec. 31— — Month of January— 1923. 1925. 1924. $ $ $ 2,146,263 215,889 77,992 71 1,075,307 1,389,989 756,274 215,822 717 539,735 543,385 18 173,864 13,675 11,885 2 103,375 130,666 43,198' 16,315 180,703 23,456 6,787 5 98,345 130,492 50,211 18,641 26,883 23,367 26 31,570 42,248 18 Detroit Toledo & Ironton — Jan. 1 to Dec. 31-------- Month of January1924. 1923. 1925. 1924. 1924t $ $ $ $ $ 968,017 2,979,416 11,673,038 10,103,129 1,076,230 98,860 117,684 9,095 8,854 302,660 ,j 989,225 3,469,878 11,995,758 10,417,412 1,106,225 1,848,364 1,573,578 99,439 93,205 494,441 157,039 156,435 1,127,281 1,982,179 1,417,571 79,871 86,166 6,524 7,265 45,385 322,920 294,865 1,545,804 3,425,712 3,485,764 601,461 575,815 3,370,847 7,622,618 6,766,472 504,764 413,417 99,031 4,373,140 3,650,940 442,089 180,799 61,228 102,700 15,715 892 2,010 38 5 1 443,498 397,695 — 3,670 3,930,159 3,468,131 334,593 276,105 34,867 2,414,859 1,786,924 455 470 468 465 894 ) Mae., 1925.] D uluth EARN INGSFreight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp_ Tot .exp. ,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r’d oper. & Iron Range 1924. s 5,285,904 136,796 5,960,969 1,155,392 1,457,431 13,933 2,001,338 4,878,906 1,082.063 812,605 184 269,274 272,874 278 1923. 1925. 1924. $ $ s 6,878,455 99,380 111,097 216,496 9,330 19,655 7,768,818 148,217 124,908 1,189,548 46,112 56,433 1,555,637 112,348 133,481 15,013 1,033 863 2,429,784 150,021 111,864 5,448,116 289,181 364,197 2,320,702 — 164,273 — 215,980 609,441 8,280 8,063 19 1,308 1,709,953 — 172,336 — 224,279 1,758,480 — 178,910 — 236,023 279 280 276 1924. $ 1924. 1923. 1925. 1924. 1924. 1923. $ $ 19,615,996 24,740,927 513 114 21,521,787 27,539,298 2,180,677 2,351,008 4,734,733 6,783,484 146,929 146,446 7,701,663 8,727,075 15,259,301 18,483,534 6.262.486 9,055,764 1.042.486 1,314,899 9,655 973 5,210,345 7,739,892 3,384,849 5,409,365 459 459 El Paso — Jan. 1 to Dec. 31--------- Month of January— . 1924. Freight revenue______ Passenger revenue__ Tot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp.,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, & c. Net after rents______ Aver. miles of r’d oper. 4,238,378 1,125,739 5,902,129 1,008,596 939,071 76.302 2,560,774 4,786,425 1,115,70? 367,354 104 748,246 445,046 591 1923. 4,112,681 1,211,301 5,862,546 825,976 898,958 79,325 2,679,637 4,693,351 1,1697195 347,636 128 821,431 606,570 591 1925. 1924. 333,775 103,928 471,372 42,273 106,089 7,189 214,039 386.654 84,718J 30,000 288,291 119,774 443,210 49,673 86,630 4,710 213.770 370,539 72,671 28,000 79 44,592 21,111 591 54,718 30,432 591 D uluth Winnipeg & Pacific 225,333 15,374 17,329 298 89,133 124,530 100,803 10.691 ______ 90,112 66,155 1 D.ec. 31--------- Month of January— 1923. 1925. * * $ % 351,691 95,992 495.028 52,251 103,687 22,899 234,677 434,745 60,284 12,582 30 47,672 44,563 328 $ 4,490,706 1,310,331 6,199,046 649,363 1,098,439 250,801 2,565,507 4,803,725 1,395,351 80,685 4,096 1,310,540 1,193.095 328 Georgia & 1925. $ 2,044,195 48 2,252,739 136,969 417,011 12,824 855,690 1,465,625 787,114 87,504 30 699,580 463,531 459 1924. $ 1,773,881 90 1,965,130 145,910 566,584 12,197 724,995 1,490,530 474,600 81,933 50 392,617 214,625 459 1924. $ 1,443,451 234,301 1,780,889 228,848 240,342 101,506 654,835 1,325,693 455,196 77,064 952 377,180 213,622 406 1924. S*> 339,483 102,534 474,657 43.431 99,065 21,252 217,155 402,255 72,402 6,750 93 65,559 70,87$ 328 Florida & & 1925. $ 82.581 13,411 103,732 19,161 16,559 7,962 46,461 97,525 6,207 6,509 116 — 418 — 15,583 406 1924. $ 113,413 19,087 141,533 17,547 21,509 7,751 57,884 112,613 ' 28,929 6,400 117 22,403 lOdSOl 406 See Canadian National system S m ith p r n P a c ific Evansv Indianap 1923. 3 1,423,639 252,793 1,785,526 224,614 228.817 100,802 709,100 1,356,788 428.738 75,745 962 352,031 236,746 405 Grand Trunk System Southwestern Now included in 1924. $ 1,877,814 213,537 2,176,475 448,889 437.681 43,152 872,154 1,924,403 252,072 107,620 183 144,269 219,836 178 1923. % 2,009,441 273.151 2,361,757 424,151 493,518 39,327 1,023,818 2,081,760 279,997 119,002 36 160,959 83,789 178 1925. 1924. 194,002 12,240 210,792 22,569 40,039 4,413 91,871 167,537 43,255 10,540 177,157 26,131 210,259 24,810 31,612 2,581 91,052 157,948 52,311 10,513 32,715 41,664 178 41,798 38,291 178 $ $ 1924. $ 1,770,599 66,792 1,915,772 423,517 235,005 22,125 719,235 1,424,994 490,778 52,592 1,177 437,009 172,297 144 1923. $ 1,592,310 79,409 1,762,509 425,629 116,489 21,314 700,119 1,272,398 490,111 43,308 6 446,797 16,286 137 Terre Haute 1925. 1924. Grand Trunk Western 203,373 4,537 214,646 23,768 32,229 2,044 76,036 137,466 77,180 8,779 170,426 6,328 183,202 29,226 14,935 1,589 77,539 126,131 57,071 4,250 68,401 49,791 146 52,821 16,562 137 1924. $ 14,246,237 2,278,841 17,623,843 2,084,389 4,398,940 557,632 6,703,768 14,429,755 3,194,088 907,373 4,444 2,282,271 425,645 347 Florida East Coast Erie System Freight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t. Traffic expenses— Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r’d oper. 242,437 16,357 10,309 303 88,730 118,087 125,350 4,696 21 119,633 97,625 1 Jan. 1 to 1924. $ 4,388,943 1,171.236 5,984,812 680,048 1,194,552 267,237 2,553,709 4,927,882 1,056,930 85,794 6,326 964,810 871,296 328 — — Jan. 1 to Dec. 31--------- Month of January— — Jan. 1 to Dec. 31— —Month of January— — Jan. 1 to Dec. 31--------- Month of January— Freight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ T a x es_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r’d oper. EARN ING S. 2,391,142 160,315 101,589 3,394 794,107 1,090,928 1,300,214 167,599 76 1,132,539 889,580 1 1924. $ Elgin Joliet & Eastern D uluth South Shore & Atlantic EARN ING S. 1925. $ — Jan. 1 to Dec. 31--------- Month of January— — Jan. 1 to Dec. 31--------- Month of January— — Jan. 1 to Dec. 31--------- Month of January— Freight revenue______ 12,767,320 20,083,454 76,915 90,910 122,527 214,141 8,176 15,23l| Passenger revenue__ 13,856,099 T ot., Incl. other rev. 119,156 22,253,584 99,536 Expenses— Maint .way 1,986,951 2,013,574 102.451 139,4611 201,544 Maint. o f equipm’t . 2,214.228 2,331,336 182.848 Traffic expenses__ 38.857 39,374 3,757 2,975 Transportation exp. 2.966,326 4,428,157 143,118 141,424 Tot .exp. ,incl .oth. 7,507,186 9,097,748 451,442 506,2811 Net from railroad____ 6,348,913 13,155,806 — 351,906 — 387,125 T axes_______________ 2,491,309 2,479,572 66,679 111.717 Uncollectible revenue. 3 406 Net after taxes, & c. 3,857,198 10,676,231 — 418,585 — 498,842 Net after rents______ 3,801,268 10,632,786 — 121,765 — 196,909 Aver, miles o f r’d oper. 305, 305 305 305 EARNINGS. 1923. $ 2,230,183 221,416 151,355 3,337 837,022 1,242,706 987,477 56,217 455 930,805 671,132 1 Northern & Georgia East St Louis Connecting — Jan. I to Dec. 31--------- Month, of January— — Jan. 1 to Dec. 31--------- Month of January— D uluth Missabe EARNINGS. 7 RAILW AY EARNINGS 1923. $ 15,955,352 2,398,926 19,589,964 1,970,308 4,003,895 415,143 7,091,366 14,201,321 ' 5,388,643 724,577 1,493 4,662,573 ' 1,500,501 347 1925. $ 996,092 166,403 1,240,466 88,674 381,450 36,272 581,095 1,148,438 92,028 74,065 201 17,762 — 137,894 347 1924. $ 1,133,965 194,374 1,415,585 96,531 403,921 40,390 641,486 1,240,640 174,945 65,129 577 109,139 — 52,222 347 Great Northern — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January—• Erie 1924. 1923. 1925. 1924. — Jan. 1 to Dec. 31— — Month of January— 1924. 1923. 1925. 1924. $ $ % % 1924. 1923. 1925. 1924. 83,318,839 13,186,636 105042 224 12,231,958 27,766,805 1,754,125 41,252,696 86,956,008 18,086,216 3,946,271 90,921 14,049,024 15,911,635 2,039 95,853,671 13,865,994 118354,531 12,790,121 33,609,285 1,688,262 46,137,511 98,235,474 20,119,057 3,714,808 108,410 16,295,839 17,935,613 2,039 5,832,835 1,074,718 7,546,959 913,570 2,246,508 157,078 3,508,811 7,165,862 381,097 328,0C0 3,300 49.797 168,887 2,055 C h icago & Erie — Jan. 1 to Dec. 31--------- Month of 1924. 1923. EARNINGS. s s 1925. s 6,492,694 11,953,838 9,409,907 1,044,415 5,719,600 4,595,452 8,265,671 20,106,910 16,023,998 878,394 2,976,212 2,570,184 2,482,027 3,060,187 2,662,824 212,656 170,815 145,760 3,515,608 6,478,866 4,881,988 10,771,330 7,338,387 13,270,096 927,284 6,836,814 5,252,668 340,000 1,318,891 1,352,468 6,460 4,170 8,998 578,286 5,511,463 3,896,030 853,646 4,411,515 3,165,911 773 764 2,039 Fort Smith 1,239,238 855,258 2,340,407 312,795 297,577 28,709 885,420 1,569,639 770,768 109,452 966 660,350 503,197 763 & 95$6,317 638,163 1,804,144 227,801 274,729 28,150 628,691 1,214,728 589,416 97,647 188 491,581 407,729 763 W estern $ 2 2 .0 9 4 100,026 126,761 21,497 24,896 1,222 74,729 127,558 — 797 3,300 25 — 4,122 — 35,708 45 93,672,147 15,305,242 120077,772 15,255,041 21,723,923 1,821,771 45,146,275 86,750.523 33,327,249 9,113,227 20,982 24,193,040 24,731,992 8,254 Green Bay 5,335,782 1,132,492 7,157,112 760,133 1,240,692 153,930 3,177,772 5,657,036 1,500,076 731,221 1,125 767,730 808,016 8,250 & 4,809.953 1,103,350 6,649,601 702,817 1,220.857 150,775 3,224,039 5,554,567 1,095,034 658,825 2,362 433,847 552,038 8,251 Western January—- — Jan. 1 to Dec. 31--------- Month of January— — Jan. 1 to Dec. 31— — Month o f January—1924. 1923. 1925. 1924. 1924. 1923. 1924. 1925. 1924. $ $ $ $ s $ $ $ $ 132,678 103,627 Freight revenue______ 12,146,176 12,887,307 949,107 938,102 1,554,814 1,179,016 245,568 292,599 21,433 22,357 Passenger revenue__ 771,315 830,903 59,983 58,463 164,957 136,592 T ot., incl. other rev. 14,054.632 14,623,924 1,080,739 1,118,191 1,909,118 1,590,871 342,332 335,130 22,555 34,896 100,854 100,306 Expenses— Maint .way 1,498,050 1,517,447 320,823 320,318 26,151 32,247 151,797 168,101 Maint. o f equipm’t . 1,787,451 2,445,294 58,401 62,537 5,349 24,721 5,013 253,972 22,615 Traffic expenses__ 273,549 599,764 558,163 54,688 Transportation exp. 4,828,183 5,181,656 414,526 441,444 54,338 117,366 135,562 731,159 Tot.exp. .incl.oth. 8,828,768 9,834.671 768,713 1,416,219 1,370,250 220,621 492,899 47,591 1,030 349,580 349,478 Net from railroad____ 5,225,864 4,789,253 64,888 72,981 5,500 52,667 5,800 47,100 545,195 T axes_______________ 575,601 1,582 1,258 176 701 23 79 Uncollectible revenue. 779 738 146,382 426,429 296,732 41,915 302,457 — 5,471 Net after taxes, &c_ 4,649,525 4,243,279 252,843 66,418 28,205 33,682 — 24,303 — 17,010 384,800 Net after rents______ 1,160,542 249 249 249 249 269 269 Aver, miles o f r’d oper. 269 269 New Jersey & New Y ork Galveston W harf — Jan. 1 to Dec. 31 --------------Month of January—- — Jan. 1 to Dec. 31— ■ — Month of January— 1924. 1923. 1925. 1924. 1924. 1923. 1925. 1924. EARN ING S. 0 7 * Q «7 583 Freight revenue______ Passenger revenue— 1,248 [884 1,241,869 T ot., incl. other rev. 1,588,294 1,587,763 206,698 Expenses— Maint .way 225,584 246,483 Maint. o f equipm’t . 238,571 16,780 Traffic expenses— 15,449 803,945 Transportation exp. 780,226 T o t.exp., incl .oth. 1,301,582 1,323,447 264,316 Net from railroad____ 286,712 39,913 40,160 Taxes 618 Uncollectible revenue. 237 223,785 Net after taxes, & c. 246,315 Net after rents______ — 106,071 — 117,860 45 45 Aver, miles of r’d oper. 86,144,671 13,683,383 110243104 13,888,267 17,102,587 2,086,736 39,064,819 75,212,058 35,031,046 10,257,742 12,267 24,761,037 24,201,287 8,251 $ $ $ 2 2 .0 0 3 97,926 125,417 15,399 20,829 1,058 72,477 113,197 12,220 3,667 8,553 — 19,871 45 1,805,767 666,658 46,361 10,647 1459,388 1,337,715 468,052 228,862 0262 239,452 239,431 13 1,525,628 454,057 45,962 8,795 426,720 1,075.307 450,321 234,715 3,867 211,739 213,237 13 211,293 46,695 3,401 937 54,321 117,679 93,614 17,000 23 76,591 76,437 13 128,099 44,439 3,830 815 31,715 88,837 39,262 17,000 22,262 22,584 13 1,260,305 146,516 1,497,687 279,890 246,835 42,370 547,656 1,147,111 350,576 94,037 35 256,504 191,772 234 1,069,109 152,759 1,317,716 242,136 278,362 29,856 532,890 1,117,623 200,093 87,687 833 111,573 121,487 234 G ulf Mobile — -Jan. 1 to Dec. 31— 1924. 1923. $ R 2Q 2 3 7 d $ R 109 461,310 6,088,028 948,755 1,014,371 264,239 1,886,357 4,366,287 1,721,741 344,190 2,504 1,375,047 1,211,976 465 ’5151544 5,944,548 907,225 1,029,982 212,989 2,110,080 4,459,952 1,484,596 326,644 156 1,157,796 955,307 465 & — 110,838 12,730 131,804 19,382 19,111 3,689 48,971 93,657 38,147 7,500 99,376 18,825 125,043 16,417 23,685 3,464 50,777 96,867 28,176 7,500 30,647 24,957 234 20,676 14,577 234 Northern Month of January— ■ 19|5. 1924. *41*585 511,634 84,184 96,377 19,774 158,938 389,501 122,133 27,977 346 93,810 44,559 487,982 80,203 77,524 21,545 169,498 365,502 122,480 25,235 26 97,219 84,075 465 R7d 465 8 RAILW AY EARNINGS EA R N IN G S. Freight revenue______ Passenger revenue__ T o t., Incl.other rev. Expenses— M aint.way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T ot .e x p In cl .oth. Net from railroad____ T a x e s_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents _ Aver, miles o f r’d oper. EARN INGS. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ T a x e s_________ _____ Uncollectible revenue. Net after taxes, & c. Net after rents __ Aver, miles o f r ’d oper. EARNINGS. Freitrht revenue Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t k Traffic expenses_ Transportation exp. T ot.ex p .,incl.oth. Net from railroad. . . T a x es___________ __ Uncollectible revenue. Net after taxes, & c. Net after rents ____ Aver, miles o f r ’d oper. EA R N IN G S. Freight revenue______ Passenger revenue__ T ot., incl. other rev. [Expenses— Maint. way Maint. o f equipm't. [ Traffic expenses__ ii. Transportation exp. Tot.exp. .incl.oth. Net from railroad____ r a x e s_______________ Uncollectible revenue. Net after taxes, A c. Net after rents______ Aver, miles o f r’d oper. EARN ING S. freight revenue______ Passenger revenue__ ^ T o t ., incl. other rev. Expenses— Maint. way M aint. o f equipm’t . Traffic expenses__ Transportation exp. T ot .exp. .incl .oth. 4et from railroad____ Paxes _ . _ ________ Jncollectible revenue. Net after taxes, &c_ let after r e n t s _____ LVer. miles o f r’d oper. E A R N IN G S. ’reight revenue______ 'assenger revenue__ T o t., incl. other rev. Ixpenses— Maint .Way M aint. o f equipm’t . tTransportation exp. Tot.exp.,incl.oth. Tet from railroad____ 'axes___________ __ fncollectible revenue. Net after taxes, & c. Tet after rents______ .ver. miles o f r’d oper. EARN ING S. assenger revenue__ ; Transportation exp. T o t.exp. ,incl .oth. Tncollectible revenue. Net after taxes, &c. Tet after rents______ iver. miles o f r’d eper. • la 1924 co v e n 12 [V ol. 120.- G u lf & S u p Is la n d K a n s a s C ity M ex & O r R y o f T e x a s — Jan. 1 Dec. 31*— — Month o) January— — Jan. 1 tt Dec. 31-------- Month of January— 1924. 1924. 1923. 1925. 1924. 1923. 1925. 1924. $ $ $ ¥ 8 $ $ $ 2,713.175 2,486,567 218,463 2,420,900 1,590,306 244.050 242,689 155,230 40,342 455,997 498.732 40,994 155.862 145.768 15,711 11,943 289,162 2,666,527 1,815,888 3,582,994 3.319,005 313,716 174,332 267,868 703.099 41.146 44.862 532,374 545,593 310,448 49.523 31,468 610,783 44.020 497,531 38.378 31,052 563.671 391,388 48,558 96.765 7.912 105,241 7,665 77,391 65.238 6,699 5,534 992,582 80.441 990,323 85,194 857,864 95,371 957,490 73,019 2,613,544 2,406,054 201,884 2,215,639 1,690,230 203,917 146,293 205,739 109,799 87,278 969,450 912,951 450,888 125.658 62,129 28.039 320.381 27,160 285,342 28,884 68,887 5,919 4,000 7,000 1,502 43 1,866 281 68 2,243 36 647,567 60,075 625.743 80,634 381,933 117,496 55,129 24,003 555,986 69,607 49.I lf 168,719 525,355 — 70,610 29,175 9,730 307 307 307 307 465 465 465 465 m H o c k in g V a lle y K a n sa s O k la h o m a & G u lf — Jan. 1 to Dec. 31— — Month of January— Form erly M issouri Oklahoma & G u lf 1924. — Jan. 1 to Dec. 31------—Month of January— 1925. 1924. 1923. 1924. 1923. $ $ 1924. $ 8 1925. 15,021.470 15.156,748 1,189,916 1,075.638 1,994,665 2,262,943 179,716 174.483 898,984 1,113,924 84,909 71,888 117,628 144,005 10,155 11,658 17.433,399 17,563,402 1,331,832 1,232,778 2,184,589 2,489,370 195,192 192,481 527,901 1,896.335 1.734,736 123,1,53 117,14S 486,644 51.072 46.570 5.337.946 6,476,072 346,086 446.263 364,518 287,319 30.932 26.889 168.161 13,540 159,443 14.004 98.937 8,362 86,465 8,450 5.344,105 5,219.254 443,508 425,597 824,389 979,246 72,787 78,302 13,178,503 14.,027,189 1,064,542 956,027 1,924,286 1,980,958 173,632 172,855 4,264,896 3,536,213 267,290 276,751 270.303 508,412 21,560 19.626 1,219,610 1,074,399 122,290 100,237 92,943 125,293 10,225 10,425 441 7,332 294 2 984 130 1 51 3.044,845 2,460,830 166,759 130,681 183,806 382,989 11,334 9,150 3,518,080 2.454,068 283,903 32,291 245,798 245,275 814 — 5,049 348 348 348 348 314 314 314 314 I llin o is C e n t r a l S y ste m In cl Y a zo o & M ississippi Valley — Jan. 1 to Dec. 31— —Month of January— 1924. 1924. 1923. 1925. 132169332 142721.658 11,356,285 11,464,272 29,120,642 31,370,835 2,644,274 2,755,916 173838132 187763.167 14,978,738 15,111,227 23,921,030 29.012,993 1,869.526 1,759,244 39,359.635 43.737,750 3,069,155 3,110,447 2.792.407 2.694,603 250.565 242.984 63,404,920 69,934,258 5,779,426 6.160,577 134024921 150023,276 11,406,657 11,686,860 39,813.211 36,739,891 3,572,081 3,424,367 12,722,492 11,048,432 1,103,276 1,002,166 56,903 2,412 27,396 1,824 27,033,816 25,664,063 2,466,981 2,419,789 28.102,074 24.863.440 2,493.899 2,539,363 6,229 6,220 6,255 6,227 Illin o is C entral — Jan. 1 to Dec. 31------—Month o f January— 1924. 1923. 1925. 1924. K a n s a s C ity S o u t h e r n S y s te m K ansas C ity S ou th ern — Jan. 1 to Dec. 31------ —Month of January— 1924. 1923. 1925. 1924. 14,443,792 15,664.191 1,200,432 1,217.259 1,888,658 2,230,926 133.355 173,491 18,131,751 19,594,128 1,461.351 1,502,612 2,667,890 3.235,944 168,984 201,492 3,588,900 4,010,928 263,892 269,815 513.969 472,929 43,902 40,743 6,017,861 6,636,150 498,554 524,071 13,696,561 15,185,980 1,053,800 1,103,307 4,435.190 4,408,148 407,551 399.305 1,092,246 1,256,087 94,042 93,083 4,045 3,228 Cr511 457, 3,338,899 3,148,833 314,020 305,765 3.021,319 2,682,831 298,111 286.206 773 767 773 767 Texarkana & Fort Smith — Jan. 1 to Dec. 31------- -Month of January— 1924. 1923. 1925. 1924. 218,641 115048063 127081.546 9,830,069 10,129,596 2,483.892 2,422,071 191,105 166.161 191,850 11,172 25,335,815 27,042,401 2,330,482 2,397,806 15,516 247.205 151711549 165626.982 13.044.160 13,338,343 2,892,262 2,890,971 225,224 304.865 311,697 34,956 20,304.135 24,406.198 1.582,884 1,510,410 8,628 269,594 263,936 28,063 35,568.656 39,445,189 2,769,433 2,821,984 28.885 63,169 60,175 4.746 2,502.658 2,408,275 4,331 223,284 218.415 776,465 765,495 68,230 55.441,751 51.989,250 5,062.514 5.432,149 59,438 146,447 117844 732 132429,231 10,035,212 10,356,754 1,559,968 1,522,831 110,790 1,332.294 1,368,140 100,758 33,866,817 33.197.751 3,008,948 2,981,589 114,454 179,821 15,802 188,565 11,336,699 9,672.916 15,629 975,406 886,920 1,247 7,082 13 12 52,601 24,052 1,761 2,230 84,943 22,477,517 23,500,783 2.031.781 2,092,439 1,142,482 1,181,237 98,813 843,057 854.269 47,505 67,961 23,761,649 22.906.244 2.083.396 2,221,058 81 95 81 4,849 4,840 81 4,875 4,847 Y a zo o & M ississippi Valley L a k e S u p e r io r & Is h p e m in g — Jan. 1 to Dec. 31------ —Month of January— — Jan. 1 to Dec. 31------- -Month of January— 1924. 1923. 1925. 1924. 1924. 1923. 1925. 1924. $ $ $ $ $ $ 8 $ 64,909 62,889 17,121,269 15,640,112 1,526,216 1,334,676 1,552,327 1,966,287 52,356 55,684 6,037 313,792 5,738 3,784,827 4,328,434 358,110 75,611 22,126,583 21.136.185 1,934,578 1,772,884 1,804,615 2,280,459 71,565 442,674 466,035 22,408 3,616,895 4,606,795 286,642 29,254 248,834 285,813 288,890 30,969 3,790,979 4,292,561 299,722 33,985 288,463 6,221 6,479 638 289,749 507 286,328 27,281 24,569 655,312 543,473 36,794 7,963,169 7,945,008 716,912 37,406 728,428 95,829 106,468 16,180,189 17,594,045 1,371,445 1,330,106 1,343,511 1,480,135 461,104 800,324 — 20,218 — 34,903 5,946,394 3.542,140 563,133 442,778 185,987 211,833 11,345 10,249 1,385,793 1,375,516 127,870 115,246 4,302 182 3,344 63 275,117 588,491 31,566 — 45,152 4,566,299 2,163,280 435,200 327,350 251,166 538,423 — 36,080 — 47,428 4,340,425 1,957,196 410,530 318,305 ( 162 161 161 163 1,380 1,380 1,380 1,380 L a k e T e r m in a l In te r n a tio n a l-G r e a t N o rth e rn — Jan. 1 to Dec. 31--------Month of January— — Jan. 1 to Dec. 31------- ■Month of January— 1924. 1923. 1925. 1924. 1924. 1924. 1923. 1925. $ 8 $ $ $ $ $ $ ______ ______ 983,295. 12,673,345 11.607.925 1,069,294 — — — — 186,394 215,985' 2,600,576 2,773,103 92,847 71,438 16.901.448 15.806,608 1,429,859 1,317,685 1,060,848 1,150,060 208,993 195,888 12,636 16,514 252,321 246,650 2,988,936 2,965,152 214,367 214,556 17,292 16,484 2,999,926 2,742,532 241,330 249,696 34,691 423,536 379,569 36,494 669,655 672,556 54,506 55,037 549,374 6,112,184 5,879,493 566,395 86,209 89,990 12,955,240 12,542,633 1,133,488 1,123,396 1,114,999 1,104,703 — 54,151 45,357 6,638 — 18,552 194,289 296,371 3,946,208 3,263,975 73,725 70,955 6,234 6,405 34,690 484,717 36,694 443,8651 91 98 3,246 616 — 25,598 404 — 24,957 159,501 — 127,876 259,586 3,499,097 2,778,642 — 5,349 2,179 — 28,810 96,017 — 125,424 133,776 2,683,511 2,176,504 13 13 13 13 1,159 1,159 1.159 1,159 L e h ig h & H u d s o n R iv e r 1 K a n s a s C it y M e x ic o & O r ie n t R R — Jan. 1 to Dec. 31------ -M onth of January— — Jan. 1 to Dec. 31-------- Month of January— 1924. 1923. 1925. 1924. 1924. 1923. 1925. 1924. $ $ $ $ $ $ $ 224,559 239,946 135,382 2,985,679 2,933,587 251,125 2,165,415 1,642,780 42,490 37,719 3,227 2,845 7.925 7,381 98,324 106,611 240,421 253,456 147,322 3,146,656 3,117,709 265,971 2,362,112 1,846,240 329,469 412,948 24,034 35,083 34,756 32,425 441,168 425,838 521,810 565,166 47,765 51,525 46,287 36,891 347,544 564.731 18,621 1,612 20,666 1,390 6,379 5,793 62,490 71,967 108.185 99,647 73,650 1,163,127 1,176,185 864,842 92,916 963,399 191,444 202,808 185,747 155,925 2,240,096 2,913,039 2,095,077 1,779,907 924,670 48,977 906,560 50,648 80,224 — 8,603 66,333 267,038 10,409 155,608 165,917 14,425 0 3 4,44 3 10,000 6,056 30,913 22 44 107 1,088 514 769,040 740,542 38,524 70,244 — 14,659 36,223 99,688 235,608 589,987 15,957 449,960 12,741 34,259 — 30,042 — 26,517 50,510 96 96 96 96 272 272 272 272 mos. from Jan. 1 to Dec . 31; in 1923 only 9 mos. from April to Dec. 31. L e h ig h & N ew E n g la n d — Jan. 1 to Dec. 31-------- Month of January— 1924. 1923. 1925. 1924. $ $ $ $ 5,293,732 5,720.616 358,733 412,087 19,332 22,652 2,254 1,684 368,241 426,364 5,413,878 5,843,136 767,432 47,421 709,692 63.774 116,897 114,218 1,442.653 1,557,388 6.138 71,294 87.126 5,953 137.959 146,055 1,689,837 1,842,486 327,299 346,198 4,138,723 4,468,245 40.942 80.166 1,275.155 1,374,891 14.782 8,480 224,979 204,842 98 767 32,462 65,384 1,069,546 1,149,814 39,926 79,770 1,142,046 1,262,859 219 219 219 219 L e h ig h V a lle y — Jan. 1 to Dec. 31— —Month of January— 1924. 1925. 1924. 1923. $ $ $ • $ 63,552.307 63,122.821 6,640,313 5,033.749 554 .352 600,881 7,688,392 7,406,346 76,374,805 75.935,153 5,752,777 5,971,120 758,247 768,607 8,421,393 7.812.893 18,609.488 23,762,227 1,309,477 1,662.668 101,733 109,148 1,400.377 1,176,966 30,558.447 32.140.661 2,621,939 2,681,785 60,967,968 66,574.214 4,966,912 5,366,312 604,808 785,865 15,406,837 9,180,939 229,868 255.856 3,201,422 2.323.308 716 4,950 3.935 15.664 369,990 529,293 12.189,751 6,853,696 265,510 369,167 11,391,549 6,573,120 1,374 1,374 1.335 1,374 L o s A n g e le s & S a lt L a k e — Jan. 1 to Dec. 31— —Month of January— 1924. 1925. 1923. 1924. $ $ $ $ 16,544,039 16.076.555 1,454,375 1,353.767 500,302 364 ,053 5,517,216 6,635.028 24,383.428 24.829.341 1,972,127 2,019,692 382,369 322,076 4,785,973 3,818,556 455.006 386,544 4.852,473 5,273.930 58.817 61,708 629.978 737 875 725.500 686,811 8,013 342 7.874,261 19,944,966 18,852.849 1,578,601 1,733,805 285,887 393,526 4.438,462 5,976,492 128,857 138,114 1.572,931 1,483.165 197 156 2,858 3,317 156,833 255,256 4,490.469 2,862.214 90,602 201,701 1.877,867 3,687,371 1,209 1,207 1,190 1,209 L o u is ia n a & A rk a n s a s — Jan. 1 to Dec. 31------ —Month of January— 1924. 1925. 1923. 1924. $ 271,160 281,879 3,524,606 3.270,504 38.849 28,695 422,114 390,598 317,560 318,809 4,030.319 3,796,300 56,115 62,210 670,519 771,684 64,731 64.910 553.271 808.110 8.181 10,333 97,593 108.517 88,530 99,407 1,129,998 1,139.413 226,771 248,375 2,972,372 2,556,546 90.789 70,434 1,057,947 1,239,754 26,322 27,487 305,362 297,737 — — 202 323 64,467 42,947 934.190 759,887 55,857 37,671 850,188 602,473 302 302 302 302 L o u is ia n a R a ilw a y & N av C o — Jan. 1 to Dec. 31------ -Month of January— 1924. 1925. 1923. 1924. $ $ $ $ 251,241 256,746 3,652,900 3,310,159 18.854 26,673 376,159 283,649 297,853 303,459 4,144,231 3,892,094 76,981 75,200 775,597 1,094,946 47,577 52,603 698,736 701,967 11,242 10,296 125,018 126,166 146,852 133.761 1,667.087 1,537,804 279,710 295,451 3,708,421 3,268,491 18,143 8,008 623,603 435,810 18,000 20,000 223,202 247,986 18 397 4.095 750 125 — 12.389 396.306 187.074 — 22,975 129,678 — 49,332 — 255.291 337 343 343 337 L o u is ia n a R y & N av C o o f T e x a s 12 M os.* 9 M os.* —-Month of January— 1924. 1925. 1923. 1924. $ $ $ $ 104,411 89,559 818,657 1.103,787 15,312 9,849 145,994 155,342 121,292 113,821 1,345,481 1,019,399 18,032 21,259 168,212 245,960 14,945 19,047 122,301 184,143 2,341 3,427 28,545 38,623 49,504 56,334 450.924 599,467 90,203 811.744 104.733 1,128,589 31,089 9,088 207,655 216,892 4,000 4.000 36,393 66,548 24 171.262 27,089 5,088 150,320 5,620 40,534 — 12,809 49,710 206 206 206 206 L o u i s v i l l e & N a s h v i l le — Jan. 1 to Dec. 31------- -Month of January— 1925. 1924. 1923. 1924. $ $ $ $ 103038 588 101680,240 9,164,059 7,861,429 23,846,817 26,001,967 1,979,452 2,128.385 135505677 1363/5,673 11,769,327 10,712,529 19,792,804 18,285,584 .,588,988 1,548,547 31.731,417 34,429,992 2,831,701 2,896,365 256,995 2.765,867 2,715,811 269,363 49.510,658 50,987.533 4,367,278 4,550,338 107126 897 109865.090 9,342.479 9,567,814 28,378,780 26,510,583 2,426,848 1,144,715 517,339 6,189,994 6,372,310 397,497 1,732 34,752 192,001 3.298 22,154.034 14,946.272 1.907,777 743,920 22,291,374 20,673,143 1,900,925 820,742 5,044 5,044 5,039 5,042 Mar., 1925.] Missouri-Kansas-Texas RR Nevada Northern Midland Valley Missouri Pacific New Orleans Great Northern Minneapolis & St Louis Mobile & Ohio Louisville Henderson & St Louis E A R N IN Os. Freight revenue__ Passenger revenue__ T ot., incl. other rev Expenses— Main t .way M aint. of equipm’t . Traffic expenses__ Transportation exp. T ot .exp..Incl .oth. 4et from railroad__ ^axes _______________ Tncollectible revenue. Net after taxes, &c. i.ver. miles o f r’d oper. EARNINGS. reight revenue______ assenger revenue__ T ot., incl. other rev. xpenses— Maint. way Maint. of equipm’t. Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. et from railroad____ axes________ ______ ncollectible revenue. Net after taxes, &c_ et after r e n t s __ __ ver. miles of r’d oper. EARNING S. eight revenue______ ssenger revenue__ T ot., incl. other rev. rpenses— Main t .way Maint. of equipm’t . Traffic expenses__ Transportasion exp. Tot.exp.,incl.oth. t from railroad____ x e s _______________ collectible revenue. Set after taxes, & c. t after rents______ er. miles of r’d oper. EARNINGS. ight revenue______ ssenger revenue__ ’ot., Incl. other rev. lenses— Maint .way laint. of equipm’t . 'raffic expenses.. ’ransportation exp. Tot.exp.,incl.oth. from railroad____ e s _______________ ollectible revenue. et after taxes, &c. r. miles o f r’d oper. EARNINGS. ?ht revenue______ enger revenue__ it., incl. other rev. rnses— Maint.way aint. of equipm’t . affic expenses__ ansportation exp. Tot.exp.,incl.oth. From railroad____ s _______________ •llectible revenue. it after taxes, & c. after rents______ . miles o / r ’d oper. Dec 31— — Month of January— In clu d in g W ich ita Falls & N orthw estern — Jan. 1 to Dec. 31— — Month of January— 1924. 1925. — Jan. 1 to Dec. 31— — Month of January— 1923. 1924. 1924. 1923. 1925. S 1924. $ $ $ 1924. 1923. 1925. S 9 $ 64.719 67.046 215,595 26,468.310 25.917.024 2,256,688 1,920.222 897,989 848,196 2.478.939 275,425 9,961 8,710 59,636 5,381,981 5,970.138 48Q.018 112,180 767.603 117,223 55.253 446.619 79.403 82.188 291.752 34.488.364 34.911.504 2,927,058 2,611,751 1,084,008 1,030.802 3.464.744 349,190 12.489 17,832 774.756 40,814 4,411.486 4.244.167 187.189 157.283 47,765 271,309 305,511 7.206 9.803 92.595 91.705 477.283 49,801 46,803 7,789,675 10.505.957 706,902 600,135 891 832 8.272 6,419 10.999 51,640 79.848 7.345 635.262 655.429 52,549 18,674 17,034 100,017 9.278,817 10,116,719 183.400 199.517 1,106,720 110.852 783.151 855,821 203.559 23,356.467 26,745,160 1.886,240 1,959,333 42,139 487,009 52,040 2,546.677 225,472 547,265 377264 30.146 88,193 11.131.897 8,166.344 1,040,818 652,418 543.793 918.067 536,743 123.718 6,923 83,090 10,476 152,897 8,763 2,607.543 1,992,531 164.222 138.975 20,635 209.974 159 406 1,543 317 4 16.870 1,272 15.691 30,341 19.670 79.271 8,507,484 6,158,122 764,764 397,768 460,386 103,079 829,572 486,653 1Q 4^1 589 999 S3 QQR 557 8Q1 391 561 29,781 67 775 8.919 939 7 *5*»3 554 465 435 165 165 199 1,803 165 165 199 11883 199 1,799 L813 Newburgh & South Shore Maine Central Missouri-Kansas-Texas Ry of Tex — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— 1924. 1924. 1924. 1924. 1925. 1923. 1924. 1924. 1923. 1925. 1923. 1925. $ $ $ $ 8 $ $ $ 9 $ S $ 14,132.556 14.737.811 1 154.778 1,141,088 15,863,394 13.874 191 1 402 40Q 1 098 165 ______ ______ ______ ______ 343,954 5.075,090 5,325.318 4.281.826 4.822,470 319.510 445.787 393J10 153.541 174,616 20.178.337 21.192.265 1,625,193 1,608,119 22,820,981 21,076,414 1,974.264 1,686,888 2,017,985 2,142.416 13.029 241,979 3,151,652 3,149,140 230,995 15,786 3.251.444 3.329.873 328.888 250.186 245.584 231,518 35,195 53,418 361,368 3,727,799 4,130,768 624,050 3.939.243 4.137.633 326.045 534,194 210.518 350,717 13.382 167.434 12,722 503,699 41.068 164,734 495,924 42,099 83,272 777,910 8,084,957 8,236,549 776,192 886,698 74,651 8.574,987 9.591,677 718,163 727.762 837.209 138,590 148.432 16,528,552 17,843,124 1.356,182 1,445,881 16,375,567 16,883,159 1.539.821 1.295.360 1.692,945 1,803,438 162,238 6,445,414 4,193.255 36,026 5! 109 3.649.785 3.349.141 325,040 338.978 269,011 391,528 434,443 1,216.287 1,182,489 102,161 12,808 13,267 608,144 171,234 174,403 100,383 594.930 51,994 54,514 21 4.950 90 14,534 4,187 39 10,401 574 808 59,987 5,822.736 3,587,924 23,218 — 8,158 168.589 150,637 167,723 2,428,548 2,162.465 381,641 336.440 51,079 3,674,546 1,256,035 24,609 104,004 3.296 2,307,681 1,983.142 208,358 143.340 130.260 136,512 7 1,207 7 7 1,389 7 1,207 1,201 1,207 1,476 1,289 1,389 — Jan. 1 to 1924. $ 2.507.901 717.684 3.449.889 719.946 517.202 86.171 1,201,667 2,638,465 811.424 175.647 378 635,399 525,204 199 — Jan. 1 to 1924. S 3,735.444 625.453 4,535.840 766.166 636.462 74.881 1,338.966 2.992.597 1,543.243 210.601 3.547 1,329,095 l,150,88i 364 Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of 1924. 1924. 1923. 1923. 1925. 1925. $ S $ $ $ $ 313,815 95,949,391 85.961,414 8,680.295 304,496 3.536,781 60,096 17.525,200 18,970.394 1,439,618 48.735 766.746 384,314 123647723 114607.948 10,968,140 4.500.148 368,988 49,879 18,916.235 16,464.182 1,281.075 845.077 31,477 49,036 25.843,403 30.324.816 2,246.130 42,637 584.450 5,586 2,566,671 2,019,098 5,883 66.169 262,171 118,605 46,725.525 45,101.684 4,553,706 110,752 1,365.514 239.612 98,466,365 97,939.966 8,732.763 208.732 3,034,240 144.702 25,181,358 16.667.982 2,235.377 160,256 1,465,908 16,771 16,250, 4.690,480 4,430.590 189.155 417,121 22 2,071 45,415 51,975 3.050 128,430 20,445,463 12,185.417 1,815.206 1,274,682 143.485 122,993 15,817,584 8,893,245 1,272,204 1,136,677 122,559 365 7,359 7,235 365 364 7,336 — Jan. 1 to Dec. 31— 1924. 1923. S $ 12.834.316 14.023.698 1,414,677 1.641,911 15.097.126 16.524.961 3.041.869 2,316.413 3.854.374 3.809.660 337.935 314.081 6,777,152 7,325,680 14,546,992 14,288.791 550,134 2,236.170 726.965 790.884 18,067 2.489 — 194,898 1,442,797 — 959.951 825.341 1,646 1,649 Minn St Paul & — Jan. 1 to Dec. 31— 1924. 1923. $ $ 37.349.105 37,604,190 6,575.906 7,666,758 47.945.360 49.345,336 6,881.582 6.466,681 8,647.423 8,667.124 780.875 709.022 18,969,690 20.282,439 36.813,855 37,615,134 "11.131.505 11,730,202 3,082,722 2,956,438 16.629 27,127 8,032,154 8,746,637 6,776,158 8,204,096 4,402 4,396 ht revenue______ nger revenue__ &., incl. other rev. uses— Maint .way int. of equipm’t . iffic expenses__ nsportation exp. ’ ot. exp.,incl.oth. rom railroad. _ . lectible revenue. ; after taxes, &c_ fter rents______ miles of r’d oper. — Jan. 1 to 1924. 8 1,615,217 185,632 1,855,579 341.120 297.451 75,659 513,547 1,334,071 521,508 100,470 253 420,785 ^ 469,102 257 Sault Ste Marie —Month of 1925. $ 2,692,204 557,252 3,498,644 437,657 744,333 71.987 1,637,267 3,014,429 484,215 250,713 514 232,988 91,996 4,403 January— 1924. $ 2,294,737 620,943 3,168,102 454,207 609,619 61,435 1,640,573 2,896,668 271,434 239,949 1,140 30.345 7,659 4,402 Dec. 31— —Month of January— 1924. 1923. 1925. $ 8 $ 132,727 124,379 1,526,488 17,931 205,996 14,093 155,288 1,796,564 144,821 379,727 22.195 27,783 26,279 21,968 319,090 5,695 69.099 7,054 597,421 46,268 46,831 106,602 114,998 1,454,761 40,290 38,219 341.803 6,500 6,500 62,328 212 14 33,790 279.263 31,705 284,533 34,542 37,543 257 248 257 Missouri & North Arkansas ARNINGS. it revenue______ iger revenue___ ., incl. other rev. ses— Maint .way nt. of equipm’t . Tic expenses__ asportation exp. ot.exp.,incl.oth. am railroad____ ectible revenue. after taxes, &c_ ter rents. . . . niles of r'd oper. — Jan. 1 to 1924. $ 1,234.655 237,710 1,587,104 359.860 262,200 54.689 627,955 1,391,594 195,510 24,365 2,108 169,097 62,733 364 January— — Jan. 1 to 1924. 1924. $ $ 7,074.126 2,451,901 366.108 1.506,040 9,539,608 2,925,031 444,099 1,155,231 476.885 2,148,824 66,146 191,214 905,100 4.089,688 7,966.736 2,029,055 895,976 1,572,872 245.684 374.222 1.600 3,338 648,692 1,195.312 519,463 931.018 274 7,364 Dec. 31— — Month of January— 1925. 1924. 1923. $ $ $ 208.594 2,320.781 196,416 25,034 412,997 27,997 243,704 2,841,010 232,430 33,452 365,204 27.058 40,162 44,259 501.266 72.571 5,704 5,404 75,901 853.627 77,336 1,926,297 165,918 166,354 914.713 77.786 66.076 195,831 20,017 16,703 33 2.226 20 57,736 49,353 716,656 45,815 42,739 713.651 274 274 274 New Orleans Texas & Mex System New Orleans Texas & M exico January— — Jan. 1 to Dec. 31— — Month of January— 1924. 1924. 1925. 1923. 1924. $ 257,731 219.195 1,354,258 2,837,859 2,445.603 32,969 424,108 403,183 36,008 173.850 300.442 264,278 1,618.591 3,387,737 2,970.623 530,063 63,010 696,723 42,901 221,237 622.995 51.933 619,259 36,148 315.497 104,255 7,081 6.589 93.035 45,360 718.774 72,567 58.761 810,136 601.344 203,178 152,303 1,231,799 2,362,008 2,120,873 849,750 97,264 111.975 386,792 1,025,729 257.784 410,919 22,000 28,875 77,989 59 2,509 2,803 06 839 75,205 765,436 436,028 83,106 307,964 240 234 1.368.349 1TT76.275 138,340 141,696 191 191 191 191 1,165 B eau m on t Sour Lake & W estern Monongahela Connecting — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— —Month of January— 1924. 1924. 1923. 1925. 1924. 1923. 1925. 1924. $ $ $ $ S $ $ 2,272,236 2,080,464 145,556 153.992 319,062 321.870 26,113 27,980 186,954 1,949,109 2,669,905 191.764 226.252 192,944 2,757.926 2,532,907 312,660 396.638 32,610 274,386 333,487 23,249 38.458 22,257 316,697 301,938 28,363 462,390 18,748 484,754 41,203 45,566 73,001 79,440 6,125 4,527 6,042 5,622 375 375 795,772 771,979 75,691 1,033,661 1,339,416 123,987 99,497 64,745 150,798 1,840,605 2,221,408 136,130 197,253 168,190 1,701.769 1,542,896 108,504 448,497 990,011 36,156 55,634 28,999 24.754 1,056,157 60,355 78,490 6,875 55,228 4,990 80,908 5,025 5,047 681 24 2,107 10 48,149 909,414 29,257 50,599 393,269 974,568 24,009 19,707 362,274 — 17,780 — 27,997 410.144 3,681 167,390 20,848 9,977 7 118 118 7 118 118 7 7 St L ouis B row nsville & M exico Montour — Jan. 1 to Dec. 31— —Month of January— — Jan. 1 to Dec. 31— —Month of January— 1924. 1923. 1925. 1924. 1924. 1923. 1925. 1924. $ $ $ $ $ $ $ $ 1,620,904 2,333,840 432,193 367,442 124,427 130,544 5,840,351 4,276,597 10,627 120,757 5,943 871 1.067 1.356.448 1,422,664 126,925 620,191 1,650,309 2,368,202 126,329 530,008 133.217 7,841,144 6,147,806 877,563 126,604 341,885 404,452 93,393 20,418 24,696 1,295.330 568,962 924,000 770,820 77,933 45,442 688,075 69,016 43.425 180.560 14,610 12,136 12,991 191,033 960 1.014 13,540 173,814 410,727 482,469 36,430 145.389 42,519 1,887,280 1,558,059 408,212 3,589,548 1,421,848 1,675,934 4,556,688 110,448 119,032 339,235 211,979 228,461 692,268 15,881 190,773 14,185 3,284.456 2,558,258 87,653 371.261 257,188 29,725 149,553 7,053 6,227 18,425 18 11,397 238 388 1,851 3 370 140,790 542,327 182,016 8,825 7,958 2,911,344 2,289,673 171,978 550,705 871,081 41,041 118,765 37,141 2,177,108 1,905,563 116,924 57 57 550 550 550 57 57 550 — Month of January— — Jan. 1 to Dec. 31— — Month of 1924. 1924. 1925. 1923. 1925. $ $ $ $ $ 988.228 16,512,963 16,937,781 1,297,052 1,185.400 127,578 150.313 1,842,690 2,043.608 153,421 1,382.296 1,202,219 19,464,381 20.112.417 1,541.215 138,063 2,847.032 2.812.790 113,872 212,751 275,196 3,538.048 4,556.580 268,347 307.101 25,488 575,792 29,666 553,662 45,530 651.972 6,746,967 7,360,709 669.419 566,326 1,136,839 1,133,561 14,290,401 15,837,060 1,177,732 68,658 5,173,980 4,275,357 245.457 363,483 69,941 1,062,374 65,169 981,331 87,221 120 250 6,065 4.530 535 — 1,403 4,105,541 3,289,496 180,038 275.727 127 049 — 84.169 3,532,155 2,695,009 218,357 1,649 1,164 1.165 1,637 1,161 Mississippi Central EARNINGS. 9 RAILW AY EARNINGS Nashville Chattanooga & St Louis Dec. 31— —Month of January— — Jan. 1 to Dec. 31— —Month of 1924. 1923. 1925. 1924. 1923. 1925. $ * $ $ 8 $ 1,139,759 98,913 93,971 17,044,426 18.027,477 1,320,913 269,757 17,492 20,780 4,815,185 5,060,565 432,464 124,752 122,564 23,601.646 24.801,787 1,929.757 1,509.848 24.221 3.573,811 4,405,882 279.556 27,439 252,749 233.668 19,987 26,433 5,325,381 5,919,108 455,881 44.752 4,892 914,280 4,783 883,475 82,495 738,492 634,477 55,119 60,223 8,806,185 9,466,281 123,079 19,480,969 21,453,047 1,623,694 1,268,463 114,513 — 515 4,120,677 3,348,740 241,385 10,239 306.063 33.391 3,115 651,900 701,900 60,000 2,350 210 346 51 3,673 4,671 1,001 207,784 245,062 7,543 — 3,681 3,465,104 2,642,169 112,799 — 1,412 — 9,707 3,433,767 3,061,971 223,269 364 364 364 1,258 1,258 1,259 January— 1924. $ 1,324,147 435.809 1,892.610 275.977 500.979 83.401 802,501 1,741,683 150.927 60,000 109 90,818 108,171 1,258 New York Chicago & St Louis — Jan. 1 to Dec. 31— —Month of 1924. 1923. 1925. $ $ $ 49,957,936 52,832,311 4,318,730 2,092,694 2,372,475 138,418 53,992,435 57,477,379 4,610.535 7,257,468 7,133.340 518.368 9.584,231 12,942,978 894,917 1,418,421 1,318.455 122,681 19,840,607 20,629,038 1,733,591 40,276,956 43,938,162 3.447,157 13.715,479 13,539,217 1.163,378 2,737,033 2,852.483 249,453 18,730 7,690 323 913,602 10,959,716 10,679,044 9,589,635 9,198,854 858,752 1.696 1,695 1,695 January— 1924. $ 4,077,444 151,784 4,369.904 557,119 881.376 120.742 1.880,756 3,603,431 766.473 248,380 373 517,720 398.488 1,696 10 RAILW AY EARNINGS New York Central System EARN INGS. N Freight revenue______ Passenger revenue__ Tot.,incl. other rev. Expenses— Maint. way Maint. o f equipm’tTraffic expenses__ Transportation exp_ Tot .exp. ,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r’d oper. EARNINGS. Freight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. Tot .exp. ,incl .oth. Net from railroad___ T axes_______________ Uncollectible revenue. N et after taxes, & c. Net after rents______ Aver, miles of r ’d oper. EARNINGS. Freight revenue........... Passenger revenue__ T o t., incl. other re v . Expenses— Maint .way Maint. of equipm’t . Traffic expenses__ Transportation exp. Tot .exp. ,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver. miles o f r’d oper. EARN ING S. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. Net from railroad____ T axes_______________ Uncollectible revenue. Net after taxes, & c. Net after rents______ Aver, miles o f r’d oper, EARNINGS. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. Net from railroad_____ T axes_______________ Uncollectible revenue. Net after taxes, & c. Net after rents______ Aver, miles of r’d oper. EARN INGS. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T o t.exp. ,incl .oth. Net from railroad___ Uncollectible revenue. Net after taxes, & c. Net after rents--------Aver, miles o f r’d oper. New Y ork Central R R — Jan. 1 to Dec. 31-------- Month of January— 1924. 1923. 1925. 1924. 227359008 273654,981 18,182.639 18,057,390 95,980,325 98.670,200 7,934,950 7,856,625 369940387 421034,783 29,623.654 29,576,517 46,450,039 50,571.832 3,562.928 3.181.650 79,217.792 107465,793 6,799.024 6,708.376 4,272,507 4,011.468 381,921 371,358 134751519 149909,762 11,899,495 11,974,382 279970071 325917,241 23,953,464 23,534,836 89,970.316 95,117.542 5,670,190 6,041,681 23,331,225 22,656,867 1,873.425 1,786.975 179.340 104,977 16,533 9,660 66,459,751 72.355,698 3,780,232 4,245,046 64,926,937 70,989,101 3.716,368 4,005,999 6,889 6,899 6,889 6,899 C in cin n a ti N orthern — Jan. 1 to Dec. 31------ —Month of January— 1924. 1923. 1924. 1925. $ $ S $ 4,599,255 4,923.107 391,409 337,758 10.328 12,483 135,698 163,888 4,826,932 5,174,419 407.528 356.058 42,261 52.007 608,615 820,455 72,452 76.276 800,535 913,216 67.081 57,132 6.368 4.891 125,430 1,589,630 1,698,978 134.237 266,080 264,697 3,165,833 3,573,998 142,831 89,978 1,661,099 1,600,421 25,833 17,178 287,291 247,428 38 455 414 72,762 116,998 1,373,353 1,352,579 38,851 83,523 936,296 838,257 244 244 244 244 Cleve Cin C h ic & St L (incl Peo & East) — Jan. 1 to Dec. 31------ —Month of January— 1925. 1924. 1924. 1923. S $ $ $ 64,101,391 69,395,847 5,834,232 5,082,092 16,554,572 17,891,955 1,391,979 1,416,832 87,712,382 94,941,444 7,837,333 7,120,149 693,808 735.526 10,798,263 10,984,412 19,184,333 22.407,725 1,634,832 1,751,291 1,414,950 1,330.103 125,826 104.951 32,506,229 34,558,725 3,010,008 3,033,472 66,740,728 72,114,741 5,726,564 5,885,362 20,971,654 22,826,703 2,110,769 1,234,787 459.947 328.861 4,906,837 5,124,227 2,460 671 14,851 13,206 905,255 16,049,966 17,689,270 1,648,362 14.364,267 16,691.901 1,529,128 667,092 2,398 2,407 2,411 2,407 Indian a H arbor Beit — Jan. 1 to Dec. 31------—Month of January— 1925. 1924. 1924. 1923. $ $ % $ New York New Haven & Hartford Northern Pacific — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of 1924. 1923. 1924. 1925. 1925. 1924. 1923. $ $ $ $ $ $ $ 175,082 73,422,540 77,610,570 5,346,885 206,997 Freight revenue______ 2,447,092 2,159,272 13,167,942 15,438,784 1,023,118 Passenger revenue__ 228,323 95,292,404 102002,060 7,006,961 266,665 T o t., incl. other rev. 3,091,646 3,278,056 741,082 8,932 12,240,855 12,022,693 7,459 163,347 175,584 Expenses— Maint .way 1,516 16,133 18,675,927 22,464,342 1,508,429 Maint. o f equipm’t . 173,947 241,993 1,917,955 1,954,443 162,463 Traffic expenses— 63,614 41,879 34,090,334 38,535,417 3,051,301 Transportation exp. 551,001 578,663 68,221 70,433,064 80,364,810 5,816,853 73,730 T o t.exp. ,incl .oth. 904,011 1,009,738 160,102 24,859,340 21,637,250 1,190,108 192,935 Net from railroad____ ~27187,635 2,268,318 Taxes _______ 673,426 40,00( 8,546,758 8,462,890 39,500 471,044 448,981 16,396 19,429 942 Uncollectible revenue. 120,102 16,296,186 13,154,931 153,435 515,740 Net after taxes, & c. 1,716,591 1,819,337 84,125 19,961,077 17,100,557 115,307 760,086 1,287,007' 1,477,939 Net after rents______ 20 6,679 6,668 6,694 20 20 20 Aver, miles o f r ’d oper. EARN INGS. Pennsylvania Railroad January— Incl Penn C om pan y, G ran d R apids & 1924. ( Ind ian a an d P C C & St L $ l — Jan. 1 to Dec. 31-------- Month of January— 4,957,971 440567 310 502698,606 35,942,824 33,973,207 3,881,846 147523905 155516.003 12.406,021 12,406,940 10,021,174 645299176 721397,408 53.318,275 50,667,393 1,129,123 74,025.530 85,383,281 6.640,414 4,833,358 2,384,340 158884 751 188577.704 14.138.028 12,939,799 61,217 7,846.321 7,754,739 633.504 641,765 4.115.942 >50364 384 281851.982 21.445,381 21,565,558 8,168,427 517450 673 590518.0.-sO 45,181,265 42,209,035 1,852.717 '27848 50o 130879,378 8,137,010 8.458,358 415,000 33,155,354 32,690,522 1,917,471 1,720,875 2]9,Q47 194 5og 675 34.081 6,793 1,437,042 i ,460,1:02 da,064,258 6.185,458 6,730,690 1.090,107 79,103,112 83,546,667 4,916,404 5,297,636 2,000 10,499 10,509 10,499 10,509 B altim ore C hesapeake & A tla n tic New York Ontario & Western — Jan. 1 to Dec. 51------ -M onth of January— — Jan. 1 to Dec. 31------ -M onth of January— 1924. 1923. 1925. 1924. 1924. 1923. 1925. 1924. $ $ $ $ $ $ $ $ 8.899,036 8,798,948 652,432 641,862 1,011,047 1,041,214 46,013 60,381 2,767,438 3,014,899 464 009 96,310 443,198 100,024 23.153 22,461 13,666.132 13,937,366 906,692 889,912 1,519,848 1,570,494 75,234 85,441 1,988,992 1,967,841 160,871 125.953 177,791 125,409 8,768 9,795 2,471,934 3,194,463 223.038 320,008 438,421 242,413 28,033 16,37( 187,287 187,431 16,735 16,259 23,445 21 ,007 1,493 1,594 5,923,251 6,405,330 497,628 950.528 973.293 76.889 484,408 72.21, 11,013,306 12,158,349 910,653 911.877 1,498.305 1.657.258 118,431 103,50! 2,652,826 1,779,017 — 86,764 21,543 — 43,197 — 3.961 — 21.965 — 18,06! 477,249 64,866 408,696 49,273 46,000 48,000 1,606 20 1,896 373 12 30 671 2,173,971 1,368,425 — 49.991 — 27,750 — 152.003 — 43,209 — 70,032 — 18.06! 1,675,368 1,006,456 — 86,621 — 101,733 — 33,555 — 158,854 — 45,968 — 20,45: 569 569 112 87 130 569 8' 569 L on g Island New York Susquehanna & W est’ n — Jan. 1 to Dec. 31------ —Month of January— — Jan. 1 to Dec. 31------ -M onth of January— 1924. 1924. 1923. 1923. 1925. 1924. 1925. 1924. $ S % S .$ $ S $ 3,527,868 3,488,893 281,327 270.907 10,205,163 10,511,943 684,753 706,87 708,841 748,274 58,656 58,111 '2,143,572 20.732,638 1.542,749 1,392,48 4,761,359 4,793,890 381,907 376 815 35,077,885 34.085,420 2.428,047 2,299,31 728,383 623,190 53,746 394,092 54.085 4,418,567 4,189,220 311,35 989,565 957,049 66.327 80,229 5,733,044 5,745,004 495,728 488.71 44,176 44,217 3.845 261,244 267,709 3.810 21,799 18,32 2,406,833 2,626,366 224.215 232.478 15.338,176 14.567,095 1.279.456 1,213,43 4,297,905 4,395,548 359,046 381,079 46,680,853 25,737.089 2.267,649 2,112,33 463,454 398,342 160,398 22.861 — 4,264 8,397,032 8,348,331 186,8£ 318,641 312,666 46,392 39,87 26,553 29,167 1,569,734 1,788,318 6,320 46,939 23,702 11,417 16 1,423 86 138,493 146,24 38,737 112,583 — 3,708 — 33.431 6,803,596 6,548,596 — 12,065 12,573 71,141 101,tt( — 20,863 — 42,184 4,538,994 4,001,966 135 135 397 397 397 3£ 135 135 M onon gahela Norfolk & Western — Jan. 1 to Dec. 31------ —Month of January— — Jan. 1 to Dec. 31------ -M onth of January1924. 1923. 1925. 1924. 1923. 1925. 1924. 1924. $ $ $ $ $ $ •S $ 84,795,438 81,320,794 7,226,293 6,445.888 4,305,441 5,439,037 472,434 447,2! 8,990,026 10,194,497 706,768 27.610 763.047 330,577 435,783 29,0! 952,571 830,125 97,709,793 95,494,687 8,267.106 7,510.543 4,692,826 5.9t0,18l 10,778,697 11,607,333 504,103 480,2' 63,883 85,984 14,801,044 12,406,593 755,571 62,500 901.021 1,079.081 1,495,505 1,203,289 653.919 55,0' 136,914 100,329 22,794,104 25,137,890 2,000,763 2,033.529 65,000 85,7 1,577,769 1,533,676 762,636 1,337,699 4,324 1,054,806 991,805 6,155 95,454 13,121 1,160 55,334 55,566 85,286 12,624 1,1 466.773 470,210 29,216,853 32,028,741 2,521.939 2,738,653 1,3^0,170 1,755,015 145.057 151,7 4,758,680 5,163,391 6 5,759 683,808 69,872,213 72,623.799 5,709,813 6.117.390 2,903,191 3,962,782 283.695 302,4 8,149,377 8,183,263 256,812 146,317 27.837,580 22,870,888 2,557.293 1,393.153 1,789,635 1,997,399 220,408 177,8 2,629,320 3,424,070 31,164 19,347 7,400,000 6,225,000 130,200 16,000 322,669 368,547 600,000 10,5 575,000 146,500 13,859 40 2,074 35,443 76 221 7,761 4,473 405 32 949 20,423,721 225,608 124,896 16,610,445 204,187 167,3 2,298,890 3,051,050 1,956,888 818,121 1,642.186 1,867.123 100,911 6,645 22,468,428 19,877,677 2,194.166 862,297 1,483,821 915,772 132,403 83,7 946,063 962,232 2,240 119 2,238 129 116 106 1 2,240 2,240 118 119 106 T oled o P eoria & W estern M ichigan C entral Norfolk Southern — Jan. 1 to Dec. 31----- —Month of January— — Jan. 1 to Dec. 31----- —Month of January— — Jan. 1 to Dec. 31------ —Month of January 1924. 1924. 1923. 1925. 1923. 1924. 1925. 1925. 1924. 1924. 1924. 1923. $ $ $ $ $ $ $ $ $ $ 8 $ 119,973 88.( 577,812 1,332,139 1,157,901 492,068 58,463,967 64,138,680 4,613,682 4,659,877 7,495,904 7,354,159 498.706 417.306 27,555 97,811 112,631 43,3 20,598.595 21,466,658 1.748,547 1,753,012 1,253,794 1,479,625 158,247 143,( 633,243 734,672 1.908.795 1,827.348 87,614,662 94,798,042 6,985,905 7,092,669 9,291,928 9,386,653 711,982 1,213,230 1,216,137 361,975 23,379 20,] 699,842 90,811 110,748 320,643 11,177,679 11,416,976 584,450 41,648 82,800 41,< 115,177 433,953 16,457,962 20,120,147 1,331,042 1,524,150 1,381,759 1,501,128 286,528 29,630 87,836 285,639 2,168 103,265 23,074 25,994 26,980 2,: 1,250,C26 1,203,655 914.474 293,389 889.344 85.225 77,! 311,347 30,494,421 32,220,717 2,647,003 2,746,406 3,695,806 3,749,079 159.375 518,613 148,! 592,633 1,754,750 1,978,597 62,159,524 67,639,532 5,026,135 5,299,060 6,932,095 7,125,645 — 1,128 — 5,: 114,630 154,045 — 151,249 142,039 25,455,138 27,158.510 1,959,770 1,793,609 2,359,833 2,261,008 511,782 388,826 437,096 6,000 459,167 129,000 10,i 5,584,590 5,615,544 44,087 42,942 102,000 8,907 913 3,798 1 _-'Ll 3,487 1,078 1.275 394 310 30.5J5 Cr24,700 — 7,129 — 15, 69,465 51.735 — 281,524 98,703 19,840,033 21,567,666 1,519,187 1,403,870 1,839,144 1,798,043 — 17,995 — 19, 48,088 73,376 — 71,740 — 291,803 18,985,283 19,388,175 1,554,725 1,360,611 1,411,328 1,367,528 931 1,862 1,882 931 247 247 931 931 247 1,862 1,862 W est Jersey & S eashore P ittsbu rg h & Lake Erie Northwestern Pacific —Month of January— — Jan. 1 to Dec. 31— —Month of January— — Jan. 1 to Dec. 31------—Month of Januar 1924. 1923. 1925. 1924. 1925. 1923. 1924 1925. 1924. 1924. 1924. 1923. $ $ $ $ $ $ $ $ $ $ 284,504 341,629 296, 266,903 4,425,662 5,015,380 27,160,766 40,259,529 2,600,910 2,647,808 4,064,556 4,621,387 258,743 2,353,297 2,637,102 412,815 251,055 146,213 409. 156,923 7,763,673 8,059,190 3,091,841 3,305,399 479,435 808,225 474,637 12,932,368 14,142,520 773 31,421,149 44,666,690 2,954,565 3,008,561 7,128,195 7,994,091 336,126 1,159,705 1,353,160 172,838 83,298 376,401 133,656 2,017,282 2,369,870 126 4,564,537 5,212,893 969,386 1,049,501 1,381,597 78,418 170,945 854,304 103,554 2,364,430 2.632,669 169 9,737,674 11,993.699 74,897 82,860 22,683 4,522 203,483 11,577 1l 27,118 4,612 197,260 281.398 262,071 462,415 219,341 471 985,161 1,027,840 2,697,448 2,862,336 222,069 5.021,276 6,306,870 10,138,400 12,414,060 402,951 842,399 482,079 10,862,432 11,992,566 815 25,590,148 30,677,899 2,316,189 2,428,349 5,179,358 5,908,323 580,212 1,948,837 2,085,768 638,376 76,484 — 7,442 2,069,936 2,149,954 — 34,174 — 41 5,831,001 13,988,791 548,685 560,137 177,300 46,871 860,036 187,800 45,373 899,958 1,908,506 2,753,881 1,594 132 1,055 140 971 1 722 5,100 57 2,953 1,261 402,780 1,398,558 1,524,576 450,575 29,473 — 34,231 — 53,537 1,164,878 1,288.947 — 42 3,919,542 11,233,649 762,046 1,284,373 1,378,793 21,011 880,728 — 61,421 824,955 990,826 — 61,199 — 64 8,146,221 15,574,595 488 496 234 480 231 496 359 360 360 232 232 New York Connecting — Jan. 1 to Dec. 31-------- Month of 1924. 1923. 1925. $ $ $ 63,432,140 67,186,374 4,901,938 49,670,377 51,360,209 4,115,117 127213698 133940,586 10,132,455 15,919,488 16,376,049 1,031,383 27,539,883 32,217,092 2,269,721 817,441 711,224 67,413 47,941,947 53,037,109 4.077.242 97,480.323 107816,094 7,918,905 29,733,375 26,124,492 2,213,550 4,807,973 4,934,004 417,250 20,976 94,930 7,467 24,904.426 21,095,558 1,794,833 19,787,279 13,277,728 1,412,078 1,985 2,000 1.957 [V ol. 120. Peoria & Pekin Union January— — Jan. 1 to Dec. 31----- —Month of Janua 1924. 1923. 1924. 1925. 192 8 $ $ $ $ 287,088 4,829,316 317,203 32,241 23 31,700 1,125,116 35,316 4,043 2 6,606,148 1,815,863 1,799,359 200,790 161 c 677,956 358,854 304,350 13,233 1,568,767 184,031 199,176 21,677 1( 139,461 7,941 9,199 554 777,702 3,004,655 822,988 95,844 8] 5,662,822 1,486,244 1,380.771 139,471 11943,326 329,619 418,588 61,319 41 150,000 677,848 171,000 16,000 1: 4,327 134.901 133.687 261,151 i 158,619 45.319 3: 423,287 509,420 430,803 60,343 5. 6,669 1 19 19 19 Mar., 1925.] Pere Marquette EARNINGSFreight revenue___ __ Passenger revenue__ T ot., incl. other rev Expenses— Maint .way Maint. o f equipm’t. Traffic expenses __ Transportation exp_ Tot .exp. ,incl .oth. Net from railroad _ . Taxes . _ _ .... Uncollectible revenue. Net after taxes, & c. Net after rents __ Aver, miles o f r’d oper. — Jan. 1 to Dec. 31— — Month of 1924. 1925. 1923. % % $ 33,552,524 36,345,428 2,588,352 391,690 4,878,996 5,341,020 41,797,915 45,965.737 3,208.126 5,084,399 5.949,529 243,770 8,693,760 9,841,415 727,985 57,042 629.430 5 9 8 /2 3 15,381,094 17,352,107 1,333,008 30,962,930 34,871,097 2.47C.173 10,834.985 11,094,640 731,953 2,028,021 1,848.821 125,883 13,604 469 7,804 605,601 8,799,160 9,232,215 7,086,372 549,708 7,200,828 2,238 2,265 2,288 January— 1924. $ 2,349,876 437,517 3,096.779 323,344 753,017 62.342 1,377,536 2,623,690 473,089 149,435 109 323,545 226,775 2,292 Perkiomen EARN INGS. Freight revenue__ __ _ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way M aint. o f equipm’t . Traffic expenses__ Transportation exp. Tot .exp.,incl .oth. Net from railroad__ _ Taxes . _______ Uncollectible revenue. Net after taxes, &c_ Aver, miles o f r ’d oper. Richmond Fredericksb & Potomac — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to 1924. 1925. 1924. 1924. 1923. $ $ $ $ $ 93,603 5,722,893 105,443 1,097,343 1,043,260 72,702 85,741 • 7,300 5,133 4.056,379 102,578 11.836,355 116,606 1,214,345 1,173,419 7,958 1,400,637 92,076 8,397 109,708 5,470 4,715 1,804,151 54,800 68,825 107 1,299 107 109,798 1,301 42,902 3,931,088 540,107 47,436 520,395 56,549 7,895,344 62,263 710,222 698,517 46,029 3,941,011 474,902 54,343 504,123 4,786 64,793 5,167 667,206 63,636 1,261 691 41,243 3,272,544 49,176 409,418 440,487 38,223 2,627,875 345,194 44,083 373,115 41 41 41 117 41 Freight revenue _____ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’tTraffic expenses . _ Transportation exp. T ot.exp. ,incl .oth. Net from railroad. . Taxes _ _ _ _ _ . Uncollectible revenue. Net after taxes, &c_ Net after rents.. Aver, miles of r’d oper. — Jan. 1 to 1924. S 1,074,725 54,972 1,161,390 204,586 408,505 17,539 368,262 1,082,171 79,219 32,220 3,825 43,174 200,858 102 EARNINGS. Freight r e v e n u e .__ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses . . Transportation exp. T o t.exp. ,incl .oth. Net from railroad _ . Taxes Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r ’d oper. EARN INGS. Freight revenue. Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. of equipm’t . Traffic expenses__ Transportation exp. Tot.exp.,incl.oth. Net from railroad__ Taxes __ ______ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r’d oper. EARNINGS. Freight revenue__ __ Passenger revenue__ T o t., incl. oi;her rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses. Transportation exp. T ot.exp. ,incl .oth. Net from railroad _ . Taxes _. _____ Uncollectible revenue. Net after taxes, &c . Net after rents.. A ver. miles o f r'd oper. 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 o f r’d oper. St San A ntonio & Aransas Pass Louis-San Francisco System St L ouis-San F ra n cisco Dec. 31— — Month of January— —-Jan. 1 to Dec. 31— — Month of January— 1924. 1925. 1923. 1924. 1923. 1924. 1925. $ 8 $ 264,501 62,048,394 59,468,121 5,323,418 4,714,489 3,331,304 340,461 8,069 18,002,560 19,997,847 1,488,205 1,575,719 7,475 112.279 303,551 85,989,817 85,627,607 7,280,174 6,791,901 381,019 3,844,588 23,482 10,985,648 11,470,385 28,779 511,947 774,709 742,349 96,984 111,526 17,272,882 17,709,030 1,320,825 1,309,439 1,170,618 4,311 1,166,477 1,140,298 5,944 100,592 91,353 44,671 72,621 29,021,464 30,351,687 2,641,967 2,572,752 80,644 996,366 236,340 60,571,833 62.540,811 5,054,479 4,889,944 241,515 3,020,327 67,211 25,417,984 23,086,796 2,225,695 1,901,957 139,504 824,261 481,112 44,294 37,810 4,497,940 4,164,285 398,975 351,658 56,601 29,191 2,920 3,031 47 343,102 95,210 29,401 20,864,443 18,893,320 1,823.800 1,547,268 1,322,582 164,470 107,175 20,589,138 18,484,458 1,756,819 1,555,564 92 92 4,902 89 4,760 4,751 4,747 Fort W orth & R io Grand e Pittsburgh Shawmut & Northern — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— 1924. 1924. 1924. 1925. 1923. 1925. 1924. 1923. $ $ $ S $ $ $ $ 144,262 82,104 1,094,650 1,100,272 106,165 102,816 1,401,326 1,273,006 73,821 4,682 7,226 341,478 20.816 26,689 303,571 55,025 152,000 92.296 1,547,495 1,562,875 1,507,224 1,386,208 138,680 139,393 286,652 370,546 19,239 20,495 264,382 334,531 20,431 17,915 37,610 294,229 509,271 32,720 292,194 26,344 21,700 574,368 20,412 1,744 1,409 44,436 41,151 3,115 4,243 20,058 58,442 63.073 53,357 721,701 60,074 605,638 616,375 700,514 119,139 1,452,549 1,594,008 122,046 1,370,043 114,735 1,556,351 108,507, 29,954 — 26,843 177,452 110,326 — 49,127 — 207,800 23,945 30,886 2,652 2,648 47,708 46,653 34,714 32,748 3,976 3,835 140 792 309 1,486 46 144 19 27,302 128,952 62,187 27,032! — 83,985 — 240,857 19,923 — 29,631 26,321 — 70,690 — 31,953 — 41,873 8,190 18,756 — 138,323 13,483 210 210 210 210 233 235 235 235 St L ouis San F ra n cisco & Texas Port Reading — Jan. 1 to Dec. 31— — Month o f January— — Jan. 1 to Dec. 31— — Month of January— 1923. 1925. 1924. 1924. 1924. 1924. 1923. 1925. $ $ $ $ $ $ $ $ 178,499 212,650 1,709,743 2,037,035 136,683 1,777,371 1,487,285 126,509 177,040 16,513 17,172 171,397 229,583 177,861 2,033,807 1,728,716 235,133 2,162,931 2,632,344 148,700 269,063 14,033 22,165 335,089 23,682 257,426 302,906 19,561 5,849 109,099 168,623 7,920 332,043 283,369 29,467 22,772 229 5,132 2,748 229 57,914 50,237 2,748 4,968 86,282 986,455 86,094 723,899 645,279 69,169 830,865 53,550 107,797 1,234,919 1,451,173 120,823 1,498,105 1,400,822 135,101 106,946 928,012 1,181,171 121,786 57,038 535,702 327,894 100,032 41,754 15,362 25,566 2,421 169,797 212,826 17,431 28,018 2,078 3,022 961 234 55 11 968,345 106,424 504,662 301,367 758,160 39,607 97,377 39,665 164,818 286,594 41,103 221,809 36,800 69,003 — 8,608 16,478 21 21 21 134 134 21 137 134 — Jan. 1 to 1924. $ 702,609 244,796 1,051,805 372,397 187,041 10,777 522,416 1,124,532 — 72,727 55,203 75 — 128,005 — 168,246 250 St L ou is S outhw estern — Jan. 1 to Dec. 31— -—Month of January— 1924. 19231925. 1924. 15,467,940 17,838,664 1,373,540 1,301.038 170,131 1,806,755 2,013,975 143,635 18.245,055 20,842,524 1,602,395 1,550,797 2,394,804 2,479,154 213,659 167,011 300,443 3,825,865 3,911,963 334,233 582,865 533.890 52,393 46,604 4,621,012 5,228,730 435,858 410,235 12,312,743 12,929,102 1,092,633 1,027,654 5,932,312 7.913.422 509,762 523,143 926,744 1,255,189 76,253 75,212 1,676 3,974 173 339 5,003,892 6,654,259 433,336 447,592 4,160,359 6,111,138 340,531 407.498 969 968 969 969 St L ouis S ou th w estern Ry ol Texas — Jan. -to Dec. 31— — Month of January— 1924. 1923. 1925. 1924. .$ $ $ S 6,315,561 6,757,407 564,697 506,538 1,112,174 1.376,942 81,531 104,033 8,081,236 8,708,596 695,849 662,805 1,838,179 1,772,743 138,305 128,260 2,052,228 2,886.363 194,512 219,931 265,222 250,632 24,485 21,825 3,149,490 3,755,814 269,960 274,851 7,715,170 9,061,111 659,638 686,903 36,211 366,066 — 352,515 — 24,098 321,271 338.425 26,750 25.500 3,285 1,880 192 123 41,510 — 692,820 9,269 — 49,721 _ _ — 546,337 52,054 — 41,110 807 807 807 807 Dec. 31— — Month of January— — Jan. 1 to 1924. 1924. 1923. 1925. $ $ $ $ 3,852,408 275,313 273,026 6,083,854 106,399 1,529.974 123,433 879,075 6,695,786 484,938 502,662 7,424.448 1,205,009 91,636 85.706 1,628,320 1,272,970 118,580 111,130 1,575,031 9,022 107,248 8,856 140,951 2,868,153 240,749 234,344! 2,689,282 5,628,599 476,294 455,216 6,274,907 1,067,187 8,644 47,446 1,149,541 281,170 22,952 196,003 21,675 104 4 7,044 785,913 — 13,031 24,490 946,494 752,237 868,143 7,658 34,111 739 , 413 413 413 — Jan. 1 to 1924. $ 3,651,325 99,808 4,164.733 451,460 1,074,891 58,495 880,990 2,841,527 1,323,206 488,853 300 834,053 1,646,126 92 Quincy Omaha & Kansas City EARNINGS. Dec. 31— — Month of January— 1923. 1925. 1924. S $ $ 5,873,373 409,674 417,916 4,243.153 430,475 404,124 12,077,813 1,027,122 993,544 1,217,062 76,142 92,400 163,919 1,813,408 153,257 103,912 8,349 10,439 348,672 4,214,377 339,704 7,936,776 649,687 660,234 4,141,037 333,310 377,435 674,717 61,508 56,431 227 76 9 3,466,093 276,870 315,851 2,811,335 259,888 230,416 117 117 117 Rutland Dec. 31— — Month of January— — Jan. 1 to 1924. 1924. 1925. 1923. $ S $ $ 88.952 3,660,381 99,649 1,178,277 5,927 1,406,716 55,100 6,051 96,492 6,509,062 1,264,602 107,361 13,565 16,916 1,261,700 236,505 40,746 1,225,396 35,600 574,973 1,100 1,271 20,165 106,935 34.532 2,700,615 36,025 465,251 93,349 100,757 5,476,007 1,393,179 14,012 — 4,265 1,033,055 — 128,577 138 297,306 17,079 151 1 191 5 425 — 4,404 13,856 735,324 — 145,847 11,990 258,540 23,110 799,608 102 102 102 413 Pittsburgh & W est Virginia St Louis Southwestern System Reading Company S u ccessors to Philadelphia & R eading — Jen. 1 to Dec. 31— — Month of January— 1924. 1923. 1925. 1924. 77,786,153 89,828,436 6,332,605 6,422,009 10,187,574 10,635,380 953,997 874,325 92,088,258 105807,432 7,659,615 7,632,619 111,289,010 10,778,240 773,456 817,214 i21,798,359 23,940,444 1,738.147 2,073,008 952,083 71,424 840,987 61,916 34.030,945 38,271.934 3,106,971 3.072,988 70,306,556 76.758,909 5,865,315 6,301,140 21,781,702 29,048,523 1,794,300 1,331,479 4,284,018 4,952,592 369,267 373,551 6,010 26,240 91 466 17,491,674 24,069,691 1,420,658 961,746 1,485,082 1,110,826 18,967,742 26,665,426 1,149 1,148 1,149 1,137 Pittsburgh & Shawmut EARNINGS. 11 RAILW AY EARNINGS St Louis Transfer Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January—1924. 1923. 1923. 1925. 1925. 1924. 1924. $ $ $ $ $ $ $ 872,054 46,530 66,426 272,789 18,179 21,815 867,804 1,250,380 72,994 96,163 787,275 98,307 87,069 121,729 73,148 7,124 427,375 19,545 19,966 8,449 62,633 239,179 17,130 73,508 5,471 12,610 9,685 1,972 915 962 1,940 164 10,253 173 447,572 603,624 465,066 43,286 52,539 62,555 53,499 618,490 1,306,747 82,833 659,703 76,480 73,107 88,847 127,572 249,314 — 56,367 — 9,839 21,827 13,962 7,316 4,632 2,976 6,951 383 52,337 410 4,063 750 41 11 Cr325 Crl2 242,322 — 108,379 123,846 21,433 13,552 — 14,471 3,265 — 180.299 55,065 170,484 — 17,393 15,030 — 2,346 4,228 250 6 6 250 6 6 250 Dec. 31— — Month of January— 1923. 1925. 1924. $ $ S 5,080,904 411,406 359,716 960,994 57.284 78,954 6,455,495 504,653 469,531 1,125,183 142,241 109,078 1,561,395 155,001 123,648 134,351 11,764 11,294 2,344,414 212,764 208,221 5,421,598 543,089 472,304 1,033,897 — 38,436 — 2,773 190,589 16,294 15,937 5,405 562 1,295 837,903 — 55,292 — 20,005 849,287 — 69,507 — 17,135 739 739 739 San A ntonio Uvalde & Gulf — Jan. 1 to Dec. 31— — Month of January— 1924. 1923. 1925. 1924. $ S 8 $ 1,143,999 870,803 92,122 79,646 240,713 238,260 19,670 23,090 1,521,348 1,219,654 121,629 114,680 268,625 175,829 17,092 19,321 172,240 156,665 16,636 16,352 54,204 47,204 5,503 4,701 628,833 477,417 53,252 47,067 1,195,798 958,739 98,516 93,970 325,550 260,915 23,113 20,710 42,431 40,810 3,537 3,272 843 788 316 23 282,276 219,317 19,260 17,415 140,761 117,264 7,311 4,830 317 317 318 317 Seaboard Air Line — Jan. 1 to Dec. 31— — Month of 1924. 1923. 1925. $ $ $ 38,293,401 36,574,384 3,110,880 9,809,30 ' 10,349,8 4 1,220,933 53,384,173 52,249,110 4,799,825 7,846,670 6,972,362 662,114 9,367,209 8,947,037 904,139 1,713,306 1,642,467 165,232 19,974,912 20,317,381 1,937,410 41,387,634 40,342,259 3,915,340 11,996,539 11,906,851 884,485 2,442,535 2,204.055 220,000 17,808 12,314 1,111 9,536,196 9,690,482 663,374 9,013,514 7,957.963 544,125 3,571 3,576 3,669 January— 1924. $ 3,141,969 1,178,473 4,751,837 691,931 845,315 156,612 1,860,223 3,780,447 971.390 190,000 654 780,736 682,301 3,571 Southern Railway System S ou th ern R ailw ay — Jan. 1 to D ec. 31— —Month of January—■ 1924. 1923. 1925. 1924. 99,842,143 105439,499 .7,945,261 7,609,202 31,083,146 33,756,011 2,775,645 2,790,304 142486514 150467,985 11,655,343 11.342.193 19,556,826 20,680,326 1,606,935 1,537,927 25,511,591 29,251,199 2,259,271 2,277,796 2,703,532 2,908,427 232,138 232,920 50,056,192 54,649.659 4,295,561 4,445,144 102674 674 112414,259 8,798,930 8,904,497 39,811,840 38,053,726 2,856,413 2,437,696 7,702,699 6,994,407 619,779 481,724 49,406 47,388 1,693 3,855 32,059,735 31,011,931 2,234,941 1.952,117 30,442,720 2”8,l28,137 2,080,146 1,751,532 6,868 6,971 6.868 6,849 Alabama G reat S outhern — Jan. 1 to Dec. 31----- —Month of January— 1924. 1923. 1925. 1924. $ $ $ $ .*>82 458 7,401,183 8,051,920 2,065,295 2,159,451 162,905 172!330 10,093.450 10,853.219 790,599 803,362 1,439,706 1,267,688 115,905 118,400 2,084,705 2,301,856 177,488 194,355 248,618 261,346 20,124 20,576 3,178,754 3,519,754 267,870 280,791 7,335,272 7,716,378 614,859 644,358 2,758,178 3,136,841 175,740 159,004 544,690 641,842 51,248 33,887 3,521 4,909 290 39 2,199,967 2,490,090 124,202 125,078 2,487,078 2,469,543 142,412 139,850 318 318 318 3l8 12 KAILW AY EARNINGS [V ol. 120, Southern Railway System ( C o n cl) Southern Pacifi c System (C o n cl) Spokane Portland & Seattle C in cin n ati New Orleans & Texas P acific G alveston H arrisburg & San A n ton io — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— 1924. 1923. 1924. 1925. 1924. 1924. 1924. 1923. 1923. 1925. 1925. 1924. $ $ 8 $ Freight revenue______ 16.024.457 17,407,412 1,327,973 1,259,142 19,842,472 17,432.184 1,268.457 1,490.537 6.153.472 6,140.495 394,910 468.027 Passenger revenue___ 4,143,293 4,520,807 420,767 4,945,974 5,118,180 457,405 414,451 456,749 1,506,089 1,788,118 101.679 124,799 ► Tot.,incl. other rev. 23,049,393 1,875.754 1,769,666 26,354,595 23.982.900 1,832,141 2,060.408 8,562,669 8,704,947 569.633 660.403 Expenses— M aint.way 21.951,667 255,124 4,147,157 4.446,145 56,001 3.126.750 3.134,703 208,971 317,004 418.777 1.058.056 1,121,063 58,186 Maint. o f equipm 't. 4.465.183 366,911 410.480 4,771.042 5,316.805 5,185,537 363,176 1,247,061 131.524 503.905 1.465.940 110,710 Traffic expenses__ 561,942 41.052 36,831 524.670 481,575 460,593 52.557 115,538 47.485 119,208 10,343 9,943 Transportation exp. 6,479,175 560,244 560,404 8,926,516 9.139.120 7.052,468 668.358 786.970 2,514,062 2,512,855 195,484 201,861 Tot .exp., incl .oth. 15.277,812 16,522,285 1,240,259 1,315,894 19,605,635 20,304,948 1,496.529 1,848,102, 5,285,563 5,554,836 424,542 403,589 Net from railroad____ 6.673,855 6.527,108 335.612 635.495 453,772 6,748.960 3,677.952 212,306 3,277,106 3,150.111 166.044 235,861 862,957 755.438 994.315 1,033.020 93,352 71.977 63.288 63.135, 828,144 900,365 73,485 72,950 Uncollectible revenue. 25,280 12,837 939 2,593 4,436 687 230 745 3.185 628 31 170 Net after taxes, &c_ 5,676,947 5,489.652 541,456 390,254 5,860,723 2,909,677 262,696 148,426’ 2,445,777 2,249,118 92.528 162,741 Net after rents______ 5,056,351 2,281.547 5,574,443 4.856,706 537,079 181.002 100.418 2,040,535 1,882,173 405,261 57,291 99,659 Aver. miles o f r’d oper. 1,379 1,379 338 1,379 554 554 338 338 1,379 554 554 338 H ou ston & Texas C entral G eorgia S ou th ern & Florida Staten Island Rapid Transit — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— —Month of January— — Jan. 1 to Dec. 31— — Month of January— EARNINGS. 1924. 1923. 1925. 1924. 1925. 1924. 1924. 1924. 1923. 1923. 1924. 1925. $ $ % $ $ $ $ $ 8 $ 8 8 Freight revenue______ 3.373,847 3.456,669 972.642 259.031 250,499 11.492.829 10.416.412 1.266.333 846,346 1.117.553 84.410 88,240 Passenger revenue__ 294.312 1,411,705 1,413,691 137.869 3,157,355 3,358,812 258.527 1.322,190 1,252,700 91,652 149,968 100.787 T o t., Incl. other rev. 5.180.128 5,319,344 495.428 420,771 15.627.314 14.693.191 1,649.188 1.177.603 2,766.010 2.550.326 199.239 198.013 Expenses— M aint .way 202.514 659.990 808.603 848.473 442.141 47.641 69,935 65.835 2,995,942 2,813.449 26.238 271.330 Maint. o f equipm’t. 2,715.644 2.775.363 259.368 382.579 395.272 29,992 658.828 896,040 51.974 29.323 54.946 269.158 Traffic expenses__ 316,669 302,666 25,194 115,991 110,796 9.563 9.791 26.770 24,954 2.392 1.628 23.555 Transportation exp. 1,862,460 2,076,122 171,410 510,146 439.67fi 1.476,871 1,431,602 163,436 5,083,456 5,031,405 129.178 121,784 T o t.exp. .incl .oth. 3,611,860 4,102,187 320,137 308,823 11,622,444 11,443,049 1,042,475 1,052,299 2,724.262 2,469,836 223,101 195,666 Net from railroad____ 1,568,268 1,217,157 606.713 175,291 125.304 41.748 — 23.862 801,490 111.948 4,004,870 3.250.142 2.347 T axes_______________ 749,280 645,623 178.802 69.923 59.301 218.305 235,164 174.266 24.203 19.802 15,000 14.500 Uncollectible revenue. 13,424 15,748 962 527 12,541 2,429 4,457 245 270 1.434 79 3,106 Net after taxes, &c_ 1,347.534 65,476 — 149,595 535,828 977,536 150,843 — 95,210 — 38,941 91,876 3,242,166 2,588,771 — 15.259 Netlafter rents______ 633,021 452,423 860,916 15,573 — 311,160 — 274,610 103,747 45,087 2,521,887 2,069,211 — 55,573 — 27,10? A ver. miles of r’d oper. 924 923 929 23 401 402 923 23 401 401 23 23 H ou ston East & W est Texas New Orleans & N ortheastern R R Tennessee Central — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— EARNINGS. 1924. 1923. 1925. 1924. 1924. 1924. 1923. 1923. 1925. 1925. 1924. 1924. $ s $ $ $ $ $ $ $ 8 $ 8 Freight revenue______ 4,232.178 5.121,105 190,656 196,933 2,231,373 2.336.960 187,077 348.533 390,973 2,508,759 2,472,901 157,683 Passenger revenue__ 522,858 557,491 38.622 41,790 495,477 81,321 546.518 1,007.444 1.054.950 82,699 39,398 39,650 T o t., incl. other rev. 5,667.589 6,887.849 242.858 251,547 2,912,794 3,055.803 241,245 459,394 503,260 3,201,870 3,194,493 210.885 Expenses— Maint. way 869,526 781,572 52,182 476.509 81.844 956.602 522,575 784.133 61,201 51,388 70,459 33,995 Maint. of equipm't. 678,357 649.394 58,508 449,987 65.673 509.287 1.038.701 1,431,920 48,167 83.843 100,799 36,928 Traffic expenses__ 45,229 45,621 80,121 3.374 3,644 75.651 135.978 143.242 10,986 7,550 6,847 11,084 Transportation exp. 95,027 1,700.872 2,515.817 113,065 1.075,417 1,180,380 147,186 163,621 1.123,490 1,229,390 100,915 90,499 Tot .exp. ,incl .oth. 3,898,106 5.284.142 216.654 270,752 2,202,054 2,404,258 218,827 323,266 365,274 2,808,903 2,799,777 178,151 Net from railroad____ 1,769.483 1,603.707 392,967' 395,166 26,204 710.740 — 19,205 651,545 22,418' 136.128 137,986 32,734 95.206 122,669 9.418 8,504 79,147 75,556 464.336 592.890 5.915 45,444 36,817 6,209 Uncollectible revenue. 1,978 2,328 118 179 63 114 6,233 339 7,845 38 361 9 Net after taxes, &c. 295,783 270.169 16,668 631,414 — 27,772 57&, 875 •16,164 1.298,914 1,002,972 90.646 100,808 26,516 Net after rents______ 133,549 111.350 — 4,023 — 39,012 429,184 366,926 1,186,211 874,101 — 5,849 70,920 89,070 11,645 Aver, miles o f r’d oper. 191 191 191 296 191 287 207 296 207 207 207 296 L ouisian a W estern N orthern Alabam \ Terminal RR Assoc’n of St Louis — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— Term inal Railroad A ssociation o f St L ouis EARNINGS. 1924. 1923. 1925. — Jan. 1 to Dec. 31— — Month of January— 1924. 1924. 1923. 1925. 1924. S $ $ S 1924. $ $ 1923. % 1925. 1924. $ Freight revenue______ 236,104 274.214 1,284.127 1,535.276 103.511 114,533 2,861,440 3,256.347 Passenger revenue__ 79,702 94,981 164,550 11,120 14.882 1,005,570 1,095.386 149,349 T o t., incl. other rev. 1,478.290 1,737.436 343.857 392.306 5,103.883 5,121,840 470.918 117,092 132,6931 4,197,085 4,663.298 426.659 Expenses— Maint .way 539,027 759,352 53.717 49.821 1,064.384 1,135,008 46,496 234.998 297,752 26,755 4,786 103,333 Maint. o f equipm't. 808,281 871,795 69,159 539,166 74,420 501.531 37,231 90,297 4,743 8,970 47,557 68,566 Traffic expenses__ 143,737 126.314 12,377 13.532 11.667 11,936 964 1,038 28.202 27.287 2.368 2.486 Transportation exp. 107,686 115,427 1,856,309 1,755,309 194,335 582,504 39,047 37,732 1,239,147 1,353,944 484,343 181.K50 T o t.exp., incl .oth. 2,996,575 3,360,411 265,253 274,490 3,620,747 3,553,672 291,058 75,639 57,399 345,876 853.643 1.043.383 N et from railroad___ 78.604 117.816 1,483,136 1,568,168 179,860 80,783 ‘ 624.647 694.053 41.453 75,294 1,200,510 1,302,887 "Taxes_______________ 367,764 350,371 31,519 724,872 28,445 773,226 59,771 72.162 59,278 4,125 5,031 63,148 Uncollectible revenue. 1.372 966 208 72 5,325 1,171 155 201 254 537 Net after taxes, & c. 831,374 951,550 46,877 752,939 89,299 793,771 119,934 621,637 37,328 565,168 70,263 17,098 Net after rents______ 832,023 932,136 31,799 90,917 1.872,046 2,147,707 222,192 12,293 231,100 308,171 47,027 124,358 Aver, miles o f r’d oper. 207 207 207 37 207 37 37 110 110 110 110 37 M organ’s L ou isian a & Texa s R R St L ouis M erchants B ridge Term inal Southern Pacific Svst em b — Jan. 1 to Dec. 51— — Month of January— — Jan. 1 to Dec. 31— — Month of January— EA R N IN G S. 1924. 1924. 1923. 1925. 1924. 1923. 1925. 1924. — Jan. 1 to Dec. 31— — Month of January— $ $ 8 S 8 8 S 1924. 1923. 1925. 1924. 8 Freight revenue______ 130459 775 138385.652 10,197.539 10.340.278 6,142,184 6.625,264 534,090 500,440 Passenger revenue___ 42.392.570 47,311.070 3.351,899 3,809,917 1,643,634 1,861,051 — — 127,228 — __________ 155,414 T o t., incl. other rev. 192447 645 205901.389 14,971.693 15.579,764 8,452,981 9,147,416 714.974 708.938 4,609.469 4,885,640 465,974 450.344 Expenses— Maint. way 26.032.159 27,495.863 2,250.150 2,494,457 1,575,491 1,761,753 911,437 109,657 135,382 640,737 60,194 68,101 Maint. o f equipm’t . 31.134.274 33,792.071 2.978.989 3,158.604 1,917,605 2,072.868 348,239 188,073 355.953 22,942 199,809 39,628 229.799 Traffic expenses__ 203,068 10,768 19.334 10,937 21,342 910 961 350.329 326,355 3.490.333 3.406,260 Transportation exp. 65,957.420 65,488,812 5,800,531 5,544,789 3,424,976 3,557,169 222,962 305.083 305,958 2,216,910 2,312,057 224,265 T o t.exp. .incl.oth. 135354 290 139118,591 12,144,797 12,391,753 7,596,020 7,992,685 662.982 706,482 3.572,227 3,404,518 313,515 340,083 N et from railroad____ 57.093.355 06,782,790 2.826.896 3.188.011 856,961 1,154,731 51,992 2,456 1,037,242 1.481.122 152.459 110,261 602,917 584,989 284,967 50,003 363,636 48.098 23,273 28,141 16.196.620 17.079.544 1.222.073 1,321,788 12,322 Uncollectible revenue. 2,492 246 3,813 189 195 2 1,291 1,685 82.633 47,989 241,722 Net after taxes, &c. 40,814,102 49,655.262 1,603.532 1,864,538 748,462 1,117,297 567,250 1,743 — 45,837 129,184 82,120 N et after rents______ 38,594,048 45,860,134 1,635,436 1.738,618 — 103,325 793,825 1,027,843 234,155 — 45,995 — 65,376 131,401 74,194 Aver, miles o f r’d oper. 9 400 400 9 400 400 9 9 7,372 8.722 8,664 7,425 Texas & New Orleans Texas & Pacific A rizona E astern a — Jan. 1 to Dec. 31— — Month of January— — Jan. 1 to Dec. 31— — Month of January— EARN INGS. 1924. 1923. 1924. 1923. 1925. 1924. 1925. 1924. 8 $ ■$ $ 8 $ $ S 6,747,985 6,413,628 ; Freight revenue______ 630,183 532,417 23,930,347 22.482,492 2,026.811 1,907,760 1,910,312 2,035,478 Passenger revenue__ ■ 161,009 167,960 7,150,275 7,573,856 568,866 635,716 P* T o t., incl. other rev. 9.282,765 9.068,850 835.751 751.648 33,784,580 32,592,489 2,800,518 2,730,633 •Expenses— M aint.wa; 2,029,786 2,617,113 138.637 261,767 4,841,083 4,571,382 402,418 515,790 h*Maint. o f equipm’t 2,237,044 2,244.950 232,866 215,064 6,471,081 7,273,178 562,334 414,205 161,729 158.558 700,031 625.094 ^ Traffic expenses.. 16,118 63.318 14.337 59,358 Transportation exp 3,479,443 3,406,876 319,111 294,828 11,589,114 11,485,278 1,106,200 976,186 Southern Pacific 8,099,538 8,777,844 Tot. exp.,incl .oth. 734,475 823,307 25,242,324 24,981,658 2,239,849 2,079,252 1,183,227 291,006 Net from railroad 101,276 — 71.659 8,542,256 7,610,831 560,669 651,381 351,119 346.510 31,890 137,500 T a x es__________ 28,891 1.837,500 1,430.000 137,500 27,832 4,218 4,426 39,196 Uncollectible revenue. 506 190 3,664 4,581 827,890 — 59,930 Net after taxes, & c. 68,880 — 100,740 6,665,560 6,152,999 419,505 509,300 368,924 — 378,280 66,856 — 138,029 5,801,611 5,237,535 282,952 Net after rents__ 394,046 1,952 507 507 1,952 Aver, miles o f r ’d oper. 507 507 1,952 1,952 A tla n tic Steam ship Lines Spokane International Toledo St Louis & Western — Jan. 1 to Dec. 31-------- Month of Jan 1924. 1923. EARN INGS. 1925. 1924. 1925. 1924. 1923. 1924. Now included in $ $ $ 8 $ $ 8 838,437 870,650 863,940 69,610 634,998 67.063 Freight revenue______ 10,001,720 12,504,277 New York Chicago & St Louis 185,321 228,079 12,334 733.132 35,917 47,283 16,660 Passenger revenue__ 607,683 87,022 795,986 975,798 1,088,663 1,165,814 88,636 T o t., incl. other rev. 11,764,228 13,888,678 223,735 200,201 13,227 33,257 8,506 201,145 10.147 Expenses— Main t .w ay 233.038 101,425 121,293 148,000 148,803 6,719 7,339 Maint. o f equipm 't. 2.302,661 2,481,731 a This company was leased to Southern 38,842 263.220 22,341 23,832 39,731 3,186 Traffic expenses___ 3,496 240,337 Company for operation as of N ov. 8 391,484 850,953 710,221 425,925 35,183 Transportation exp. 8,514,058 8,721,09) 36,037 Pacific 1924. Earnings for the period N ov. 8— 841,022 866,994 61,443 946,508 63,183 Dec. 31 included in earnings of Southern T o t.exp. ,incl .oth. 11,667,522 12,088,639 1,063,169 247,641 298,820 25,579 29,290 25,453 Pacific Co. for two years. Net from railroad____ 96,706 1,880,030 — 267,183 b Includes for 1924 the earnings of the El Taxes _____ 69,159 5,212 14,584 62,488 143,10) 11,824 175.764 5,758 182 229 546 1,302 923 Uncollectible revenue. 39 Paso & Southwestern from N ov. I and the Arizona Eastern from N ov. 8. Figures for 229,432 184,971 17,466 20,367 Net after taxes, &c_ — 80,360 1,736,007 — 282,313 19,6561 1923 have been revised so as to include oper 100,528 137,969 14,787 17,336 14,007? ations of these two roads after the respective N et after rents______ — 96,336 1,734,839 — 286,381 165 165 Aver. miles o f r ’d oper. 165 165! dates named. EARN ING S. Mar., 1925.] Ulster & Delaware EARNINGSFreight revenue______ Passenger revenue__ T ot., Incl.other rev. Expenses— Maint .way Maint. o f equipm’t. Traffic expenses__ Transportation exp. Tot .exp. .incl .oth. Net from railroad____ T ax es_______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles of r’d oper. Union RR (of Pennsylvania) Freight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. Tot.exp.,incl.oth. Net from railroad___ T axes_______________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles of r’d oper. EARNINGS. Freight revenue______ Passenger revenue__ T o t., Incl. other rev. Expenses— Maint.way Maint. o f equipm’t. Traffic expenses__ Transportation exp. Tot.exp.,incl.oth. Net from railroad____ T axes______________ Uncollectible revenue. Net after taxes, &c_ Net after rents______ Aver, miles o f r’d oper. EARNINGS. Freight revenue______ Passenger revenue__ T o t., incl. other rev. Expenses— Maint .way Maint. o f equipm’t . Traffic expenses__ Transportation exp. T ot .exp. .incl .oth. Net from railroad____ T a x es_______________ Uncollectible revenue. Net after taxes, &c. Net after rents______ Aver, miles o f r’d oper. EARN INGS. Freight revenue______ Passenger revenue__ T ot., incl. other rev. Expenses— Main t .way Maint. o f equipm’t . Traffic expenses__ T a x es______________ Uncollectible revenue. Net after taxes, &c. Western Maryland -Jan. 1 to Dec. 31------- Month of January— -Jan. 1 to Dec. 31-------- Month, of -Jan. 1 to Dec. 31-------- Month of January1925. 1924. 1923. 1925. 1924. 1923. 1924. 1924. 1924. 1923. 1925. $ 8 $ $ s % $ $ $ * $ 35,818 882,615 720,895 30,588 17,404,950 21,030,921 1,553,343 11,360 959,474 61,495 362,675 437,807 11,337 817,157 78,439 10,719.728 12,645,303 1,504,984 1,742,002 73,896 825,514 19,135.563 23,055,036 1,675,310 907,879 224,841 15,015 1,356,598 206,706 217.901 12,804 67,654 2,942,390 2,919,972 869,244 70,503 17.823 3.395.151 3,105,497 269.512 369,261 201,376 19,760 215,488 3,987,193 5,882,271 369,538 1.565 37,734 439.528 22,223 30,804 1,706 437,753 191 255 2,646 3,128 48,485 5,004,753 5,768.718 520,498 707,082 837,300 48,424 472,629 6,112,632 7,736,945 454,002 89.855 90,152 9,867,756 9,848,536 1,231,687 1,447,856 764,106 14,165,409 17,716,434 1,192,292 904,859 — 11.713 483,018 — 15.959 294,146 273,297 851.972 2,796,767 61,408 4,970,154 5,338,602 3,020 5,500 66,112 62,002 5,500 60,000 915,000 1,004,139 11,000 170,712 468,852 11,000 79 224 160 16 1,574 — 17,292 — 21,459 423,018 211,135 228,018 50,408 4,053,580 4,334,239 681,260 2,327,915 — 7,980 — 19,173 1,4307186 37383,254 " 153,291 151,221 387,417 — 22,484 17,265 = 131,076 3,560,637 4,621.552 128 804 128 128 128 804 804 45 45 45 45 Union Pacific Syste EARN INGS. 13 RAILW AY EARNINGS U nion P acific — Jan. 1 to Dec. 31-------- Month of 1924. 1923. 83.391,219 88.728,990 17,290,308 18,205,803 110886386 117479.916 13.789,521 14,503,313 21,632,878 24,041,486 1,837,412 1,730,992 * 1,577.673 4,892 1,590,586 206,140 465.964 4.501 $ 1,639.855 6.903 1,657,664 323,649 441,181 4,604 -Month of January— — Jan. 1 to Dec. 31------- Month of January— 1924. 1925. 1924. 1924. 1923 1925. $ $ $ $ $ 738,473 865.200 219,326 184.371 10,974,252 10.513,455 128.707 102,494 509 2,082,200 2,424,229 704 932,584 185,299 14,370.467 14,138,268 1,026.038 221,187 ' 128,526 136,306 21,102 2,760,368 2,293.005 24,431 201,361 210.190 44,516 2,519,308 2,371.893 47,631 33,777 34.977 413 429,005 427.171 432 377.135 433,765 43,995 4,870,935 4,744.636 791,750 860.927 10,663,711 120,159 131,189 11.477,665 140,834 65,142 2,892,802" 3,474,557 165,111 89,998 83,222 951,168 77.915 877,173 10,191 8,136 40 1,181 43 6,911 57,572 87,153 81,862 54,951 2,008,718 2,522,208 113.8li 194,162 44,454 2,973,611 3,014,162 65,242 1,042 1,042 1,043 102 102 1,042 79,094.064 5,422.589 5,405.862 1,117,145 1,279,096 38.385.852 2,101.219 2,511.649 473,441 378,368 657.754 6.807.241 686,168 83,002 74,220 259 298 10,575 40 31,568,036 1,414,753 1,853.636 399.221 295,526 28,844,300 1,454,806 1.846,599 310,172 208,174 3,714 3,708 3,687 102 102 O regon S hort Line Vicksburg Shreveport & — Jan. 1 to Dec. 31------—Month of January— — Jan. 1 to Dec. 31------ —Month of 1924. 1925. 1924. 1923. 1924. 1923. 1925. % $ 8 $ * $ S 221,282 27,085,515 30.418,851 2,187.375 2,239,794 2,934,687 2.940,793 4,968,782 5.554,131 383,908 1,013,246 1.199,051 384,807 70,330 34.989,745 38.782,096 2,760.167 2,816,252 4,259,264 4,460.580 317.196 310,301 5.786.584 6,330.468 273,804 815,044 689.781 65,087 529.992 553.027 655.230 6,163,765 7.274,672 802,036 60,971 41,589 550,788 531,893 43,690 143.300 135,714 12,034 916,126 1,004,565 1,508.385 1,439,135 11,213,166 12,236,474 130,437 288,532 25.832.499 28,454,465 1,925,114 2,067,851 3,327.474 3,263,204 835.053 748,401 931,790 1,197,376 9,157,246 10,327,631 28.664 2,808,302 3,286.516 245,519 276.874 278,795 349,589 20,366 1,482 13.757 4,067 295 1.058 3.776 38 589,239 6,335,187 7.037,048 470,045 651,937 844,011 8,260 690,832 5,526,654 6,034,182 568,184 446,204 480,047 684 2,366 2,414 2,365 184 188 2,375 188 O regon W ashin gton RR & N avigation Virginian — Jan. 1 to Dec. 31------—Month of January— — Jan. 1 to Dec. 31------ —Month of 1924. 1923. 1925. 1924. 1924. 1923. 1925. $ $ $ S $ $ $ 21,281.009 21,955,958 1,549,363 1,716.886 16,873.194 18,093.633 1,652.534 362,918 409.9631 4,863,764 5,687,992 848.391 957.781 64,966 28.775.558 30.227.112 2,100,756 2,319.035 18,988,439 20,328,348 1,835.807 290.491 2.490,590 2.219,868 5.223.889 6,149.026 303.365 205,468 380.302 381.910 4,077.657 5.344.302 4,504,503 5,116.349 336,688 758,473 752.005 60.171 62.473 151.144 142,493 12.481 10,428,913 12,080.412 922.484 940.276 5.141,383 5,536.112 433,252 22,631,706 25,847.702 1,809,794 1,824,637 12,209,447 13.611,421 1.022.940 6.143.852 4.379.410 290,962 494.398 6,778,992 6,716.927 812.867 171.000 1,390.228 1,181,790 169.980 2.023,719 1,996,144 127,000 5,119 4,284 41 0 2 ,3 7 0 2.426 916 155 120.941 325,768 5,387,848 5,532.711 4.115,014 2.378,982 685,712 54,821 261,364 5,536,451 5,8727092 2,956,635 1,094,393' 712,689 2,232 2,236 541 2,236 2,231 544 545 St Joseph & G rand Island W abash — Jan. 1 to Dec. 31— —Month o f January— — Jan. 1 to Dec. 31------—Month of 1925. 1924. 1924. 1923. 1925. 1923. 1924. S S $ $ $ % $ 248.898 226,047 51,546,110 51.698,168 4,339,985 2,805.943 2,787.482 297,643 706,163 23,003 24,550 9,328.465 9,794,594 281,726 264,992 65,780,929 66.617,636 5,406,261 286,214 3.297,466 3.312.148 624,206 34.701 36,629 9,913.565 9.501.515 629,312 635,967 42.702 624.705 49,306 11.579,913 13,884,271 1,086,289 555.231 2.970 1.640.320 1,515.004 140.026 30.735 2,826 34,096 111.587 115.356 24.973,374 24,997,690 2.261,660 1,269,837 1,366,188 217,431 50.298,417 52,033,495 2,792,781 204,881 4,309,105 2,640,144 81.333 657,322 519,367 47.561 15.482,512 14,584,141 1,097,156 172,971 16.569 232,526 13,317 3.036.367 2,470.800 215,483 14.182 16.384 348 518 259 64,764 864,112 346,048 34,244 12,431,963 12,096,957 441,580 591,246 52,455 24,076 9,347,780 8,941,275 179,760 291,406 2.524 258 258 2,489 2,476 258 258 73,201,926 37,684,460 8,052,763 7,488 29,624,209 27,552,006 3,713 351,873 324,248 804 W estern Pacific Utah —Jan. 1 to Dec. 31— 1924. 1923. January— 1924. S 1,543,117 67,707 1,680,210 207,795 357,171 35.970 578,117 1,238,337 441,873 90,000 Pacific Western Ry of Alabama January— — Jan. 1 to 1924. 1924. $ $ 222,197 2,032,205 96,364 823,397 344,631 3,159,930 72,044 419,418 77.451 581.300 12,256 117,065 130,298 981,115 309,458 2,283,751 35,173 876,179 21,122 149,419 66 863 13,985 725,897 — 7,325 673,735 188 133 Dec. 31------ -Month of January— 1924. 1925. 1923. $ $ $ 159,108 163.114 1,883,178 74,902 73,038 877,976 258,945 259,821 3,042,221 31,071 37.685 499,970 58,835 52,149 583,253 9,421 10.007 119,158 82,659 84,001 935.024 197,107 199,093 2,318,894 61,838 60,728 723,327 13,864 15,139 176,653 1 1 296 47.973 45.588 546,378 45,621 41,444 505,889 133 133 133 W heeling & Lake Erie January— 1924. $ 1,378,411 71,722 1,537,149 106,656 353,848 12.982, 493,327 983.755' 553.3941 146,370 44i 406.980 405,978' 544 — Jan. 1 to Dec. 31------ -M onth of January— 19 24.U 1925. 1923. 1924. $ $ $ $ 16.395.116 16.973.748 1,249.549 1,360,235 58,601 55,681 755,469 680.660 18.332.401 19.211,572 1,391.718 1,496,921 147.574 119,704 2,506.052 2,290,741 406.757 410,073 4,794,990 5,540,795 23.390 28.317 317.340 227.555 555,120 523,859 6,282,383 6,202.739 14,410.273 14,753.041 1,128,191 1,169,064 327,857 263.527 3,922,128 4,458.531 110,472 104,706 1,255.606 1,327.311 18 261 4.732 1,006 217.367 158,560 2.661.790 3,130,214 204,723 2.361,489 2,709,241 149,025 511 511 511 511 W ichita Falls & Northwestern January— 1924. $ 3,836,429 778,252 5,002,363 636,728 915,882 138,645 2,306,463 4,196,229 806,134 219,775 1,287 585,072 327,542 2,486 Now included in * Missouri Kansas & Texas 14 [V ol. 120. RAILW AY EARNINGS COMPANY RETURNS All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commis sion at Washington. A few railroad companies also issue monthly statements of their own, and sometimes these company state ments go beyond the requirements of the Commission and give added items of information. Besides this, a number of companies — notably the Pennsylvania Railroad— issue consolidated statements, showing the results for the system as a whole, whereas the Com merce Commission requires returns from each constituent road separately. It is our purpose that each issue of the “ Railway Earnings Section” shall furnish an absolutely complete record of all monthly returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring together here all the company statements where they differ in any way from the returns to the Commission, or where they embrace more facts than are contained in such returns. It should be distinctly understood that where the company statements are identical with those rendered to the Commerce Commission, and do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figures among the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission. Pennsylvania System — Jan. 1 to Dec. 31— 1924. 1923. Revenues— $ $ Freight........................... 458144151 521163,519 Passenger-................................. 179363446 186548.587 M all.................................. 11,929,766 11,023,295 Express_______________ 14.905,048 18,542,786 All other transportation___________13,982,548 14,672.636 Incidental - _______ _______________ 20,131,487 22,985,152 Joint facility— Credit______ ______ 739,675 817,515 Joint facility— Debit______________ 482^841 499,272 Railway operating revenues___ 698713280 775254,218 Expenses— Maintenance o f way and structurei-81,411,143 92,998,018 Maintenance o f equipment________167895901 198177,067 T raffic................................................. 8.345,219 8,266,850 Transportation____________________274576183 305903,083 Miscellaneous operations_________ 9,636,464 10,160,578 General_____ _________ 18,513,114 18,613,688 Transp'n for investment— C redit-309,650 174,678 Railway operating expenses_____560068374 633944,606 Net rev. from railway operation 138644906 141309,612 Railway tax accurals______________33,202,113 35,862,054 Uncollectible railway revenues-----241,770 139,139 Railway operating income---------105201023 105308.419 Equipment rents— Debit balance..18,907,799 15,059,139 Joint facility rents— Debit balance 2,097,243 2,322,202 Net railway operating incom e.-.84,195,981 87,927,078 Southern Pacific —Month of 1925. $ 37,101,329 14,484,911 993,539 1,421,077 1,094,194 1,694,949 81,414 33,596 56,837,817 January— 1924. $ 35,149,333 14,621,733 958,871 904,176 1,009,185 1,673,145 64,295 28,946 54,078,148 7,268,777 5,337,1«4 14,879,788 13,681,089 669,106 674,830 23,410,365 23,481,283 848,114 866,198 1,601,640 1,528,407 31.381 15,410 48,664,493 45,535,477 8.173,324 8.542,671' 1,993,347 1,793,190 35.573 7,861 6,144,404 6,741,620 1,347,663 1,456,778 8,382 — 44,717 4,805,123 5,240,125 b — Jan. 1 to Dec. 31— — Month of January— 1924. 1923. 1925. 1924. 11,476 11,381 12,490 12,388 Average miles o f road operated____ Revenues— $ $ $ $ F r e ig h t .......................- ....................193692957 201215,843 15,036.280 15,122.700 Passenger________________________ 56,566,134 62.537,962 4,512,369 5,044,798 M ail________________ ____________ - 4,063,860 3,898,895 345.370 334,043 Express_____________ 7,585,193 7,799,067 444,873 439,434 All other transportation___________ 7,430,606 6,818,419 605,648 506,687 Incidental-.......................................- 6,459.204 6,954,745 540.250 565,672 Joint facility— Credit........................ 181,099 175,782 27,441 15,736 Joint facility— Debit................ 74,946 90,851 Cr.12,167 Cr 18,248 Railway operating revenues______ 275904110 289341,671 21,500,066 22,022,353 Expenses— Maintenance o f way & structures. .39.367,717 41,621,709 1,370,383 3.774,486 Maintenance o f equipment________ 47,213,237 50,872,629 4,314,895 3,982,045 T raffic__________________ 5,239,730 5,078,110 504,569 475,451 Transportation____________________ 99,119,567 99,169,681 8,693,035 8,348,442 Miscellaneous......................... 4,105,406 4,366,787 333,997 365,441 General___________________________ 9,399,613 8,679,869 769,447 693,949 Transporta’n for investment_____ Crl393944Crl,778,162 Cr.67,591 Cr.77,407 Railway operating expenses____ 203051328 208779,055 17,718,738 18,398,735 Income— Net rev. from railway operations-.72,852.782 80,562,615 3,781,328 3,623,618 Railway tax accruals_______________19,867,104 20,509,945 1,516,237 1,587,099 144.538 88,593 4,883 3,475 Uncollectible railway revenues____ Equipment rents (net)____________ 4,802,215 5,565,384 229,802 263,851 Joint facility rent (net)___________ . Cr.62.492 Cr.194,168 2,343 Cr.29,700 Net operating income__________ 48,101,415 54,592,862 2,028,061 1,798,892 6For purpose o f comparison the income for January 1924 has been restated to nclude the income o f the El Paso & Southwestern System. St Louis-San Francisco Union Pacific — Jan. 1 to Dec. 31-------- Month of January— 1924. 1923. 1925. 1924. 9.510 9.483 9,526 9,500 Average miles of road operated____ Operating Revenues— $ $ $ $ Freight revenue____________________148233006 157136,803 10.737,101 11,231,282 Passenger revenue...................... 32,635.301 36,076,470 2,387,767 2,587.930 Mail revenue______ ______________ 4.613,520 4,556,941 376.945 364,504 Express revenue___________________ 4,689,567 4,748,252 250,000 249,820 All other transportation__________ 5.066.754 4,914.213 357,420 351,605 Incidental______ _________ 3,796,967 3,885,783 247,624 287,349 14,356,857 15,072,490 Railway operating revenues_199035117 211318,465 Operating Expenses— Maintenance of way & structuras..29.585,968 30,801,361 1,568,440 1,600,657 Maintenance of equipment________37,153,620 41,706,436 3,033,044 3,034,916 Traffic____________________ 3.884,546 3,644,869 302,718 298,224 Transportation-_____ ___________ 60,122,976 65,413,349 4,977,060 5,250,443 Miscellaneous operations__________ 4,097,129 4,105,888 283,968 285,944 General....... ............... 6,835,214 6,737,959 574,971 575,382 Transportation for invest.— Cr____ 68,357 160,784 — 4,104 — 13,410 Railway operating expenses______141611098 142249,080' 10,736,097 11,032,156 Income— Net rev. from railway operations—57,424,019 59,069,385 3,620,760 4,040,334 Railway tax accruals______________ 14,457,715 13,573,066 1,239,780 1,234,485 Uncollectible railway revenues____ 29.681 21,783 790 —-432 Railway operating income_________42,936,622 45,474,534 2,380,190 2,806,281 Equipment rents, net_____________ 4,274,780 4,938.151 — 32,454 — 115,552 Join tfacilityren ts.net____________ 748,680 876A37 — 68.225 — 45,960 N e t -......... ................. —37.913,161 39,660.245 2,279,511 2,644,769 71.15 72.05 74.78 73.lg Oper. ratio (revenues over exp.)___ The Atchison Topeka & Santa Fe Railway System — Jan. 1 to Dec. 31-------- Month of January— 1924. 1923. 1925. 1924. $ $ $ Railway operating revenues________ 235410951 238683,735 18,618,258 Railway operating expenses________ 170314807 173076,268 13,199,236 Net from railway______________ 65,096,144 65,607,467 5,410,022" Railway tax accruals______________17,730,961 20.316,490 1,438 502 Other debits or credits____________ — 81,903Crl,071,295 D r.264.031 Net railway operating income 47,283,278 46,362,271 3,716,488 Average miles operated__________ 11,830 11,782 11,940 $ 17,416,626 13,953,467 3,463,159 1.249,572 D r.3,104 2,210.482 11,757 Missouri-Kansas-Texas Lines — Jan. 1 to Dec. 31-------- Month of January1924. 1924. 1923. 1925. 3,202 3,193 3,359 3,188 $ 8 Operating revenue________________ 57,309,345 55,987,918 4,901,322 4,298,638 Operating expenses_______________ 39,732,034 43,628,318 3,426,061 3,254,692 Rent from railway.............................. 17,577,311 12,359,600 1,475,262 1,043,946 720,274 Available for interest_____________ 13,024,478 10,181,668 1,039,985 622,162 634,209 Interest charges, incl. adjust, bds— 7,516,040 7,572,987 86,064 Net income................................... 5,508,436 2,608,681 417,823 Miles operated (average). The Kansas City Southern (In clu d in g Texarkana & Fort Smith) — Jan. 1 to Dec. 31-------- Month of January— 1924. 1923. 1925. 1924. $ S $ S Gross revenue____________________ 21,024,012 22,485,099 1,708,555 1,727,856 Operating expenses................... 15,256,528 16,708,811 1,200,246 1,214,096 Net revenues......... ........ 5,767,483 5,776.287 508.309 513,760 Taxes___________________ _______ - 1,280,810 1,435,907 109,843 108.712 5,291 10,310 Cr.511 ________468 Uncollectible railway revenue_____ Operating income______________ 4,481,380 4,330,069 398,987 404,578 (In clu d in g S ubsidiary Lines) — Jan. 1 to Dec. 31— - -M onth of January— Gulf Coast Lines 1924. 1924. 1923. 1925. (New Orleans Texas & Mexico Railw ay C om pany) 5,399 5,244 Average Mileage operated------------5,166 5,155 — Month of November------- Jan. 1 to Nov. 30— $ $ 1924 1923. 1924. 1923. Freight revenue___________________ 64,984,724 62,112,779 5,704,064 4,996,719 S $ % $ Passenger revenue________________ 18,512,488 20,563,988 1,531,149 1,627,785 512,087 Miscellaneous revenues___________ 6,403,362 6,511,061 532,413 Railway operating revenues_______ 1,177,949 1,202,183 13,114,834 10,900,063 819,310 Railway operating expenses_______ 714,151 7,924.627 6,855.581 Total operating revenues_______ 89,900,574 89,187,828 7,747,300 7,156,917 Net income railway operations. . 358.638 488,032 5,190,206 4,044.482 838,335 794,066 Maintenance o f way & structures-.l 1.630,012 12,204,246 *206.000 — 31,938 312,496 Maintenance o f equipment________17,933,618 18.329.C55 1,384,597 1,357,207 Non-operating income__________ . — 90.178 Transportation expenses__________30,637,214 31,882,505 2,802.178 2,712,340 694.032 5,158,268 4.356.979 268.460 341,486 290,894 R y. tax accruals, fixed charges, & c.. Miscellaneous expenses____________ 3.560,232 3,262,614 132.834 221.018 2,407,216 1.990,190 Total operating expenses_______ 63,761.076 65,678,420 5,366,596 5,154,507 Net income 135,625 473,013 2,751,051 2.366,788 Net operating income_____________ 20,845,411 18,511,457 1,858,260 1,615,084 Dividends on capital stock. 11 months ended N ov 30 951.681 964.041 Balance for interest_______________ 20,796,136 18,212,343 1,865,245 1,591,127 * Includes $188,376 46 representing U. S. Govt, rental (guaranty period). 603,683 358,766 Surplus after all charges_______ 5,919,444 3,741,215 New York New Haven & Hartford Railroad Co. — Jan. 1 to Dec. 31------- Month of January— 1924. 1923. 1925. 1924. (In clu d in g St L ouis S outhw estern o f Texas) 1,985 2,000 1,957 2,000 M ileage__________________________ $ $ $ $ — Jan. 1 to Dec. 31------ -M onth of January— Total revenues________ _____ _____ 127213698 133940,586 10,132,455 10,021,174 1925. 1924. 1924. 1923. Total expenses___________________ 97,480,323 107816,094 7,918,905 8,168,457 $ $ $ 2,298,243 2,213,602 Railway operating revenues_______ 26,326,291 Net from railroad______________ 29,733,375 26,124,492 2.213.550 1,752,270 1,714,557 Net after taxes____________________ 24,904,426 21,095,558 1,794,833 1,852,717 Railway operating expenses_______ 20,027,914 1,437,042 Net rev. from railway operation. 6,298,376 499,044 Net after rents____________________ 19,787,279 13,277,728 1,412,078 1,090,107 Non-operating income____________ 6,363,963 _________ 890,708 Railway tax accruals and uncol _________ 101,174 Total net income__________________26,151,242 lectible railway revenues_______ 1,252,974 2,302,786 Fixed charges____________________ -23,152,592 _________ 1.914.550 Railway operating income______ 5,045.402 Other railway operating income__ 459,532 Balance________________________ 2,998,650 _ 388,235 Total railway operating in com e.. 5,504,934 Canadian National Railways Deductions from ry. oper. incom e..___818,564 — Month of November--------Jan. 1 to Nov. 30— Net railway operating Income___ 4,686,370 1924. 1923. 1924. 1923. Non-operating income____________ 467,796 $ $ $ $ P1Gross income____________________5,154,167 Gross____________________________ 20,946.123 24.087,039216.271,446230,482,380 Deductions from gross income_____ 2,789,797 Operating expenses................. ..........17,231,819 19,478,662201,787,478213,759,291 Net income_____________________ 2,364,369 3,383,953 195,682 176,447 N e t.............................. ........................ 3,714,304 4,608.377 14,483,968 16,723,08 St Louis Southwestern Mar ., 1925.] Fonda Johnstown & Gloversville Wisconsin Central Railway Co. M . W. M . o f E. Transportation expenses.. Rental o f terminals— D r. Other income— N et____ Interest on funded debt. Net deficit__________ — Jan. 1 to Dec. 31--------Month of January1924. 1923. 1925. 1924: $ $ $ 14.877,331 15,618,808 1,192,457 1,078,543 2,826,661 3,195,876 216,796 251,049 1,516.673 1,573,557 90,948 102,599 19,220,665 20,388,241 1,500,202 1,432,192 2,501,066 2,403,060 170,083 164,095 3,478,965 3,488,644 287,442 239,092 306,327 29,729 27,859 332,247 8,545,663 8,860,385 737,759 771,986 56.496 694,609 667.612 59.754 15,552,552 15,726,029 1,281,511 1,262,788 3,668,113 4,662,211 218,690 169,403 1,114,598 1,127,939 93,573 88,571 2,553,515 3,534,272 80,832 125,117 800,324 753,765 71,111 32,740 568,813 583,487 48,678 53,107 1,169,703 2,211,693 897 — 587 — 20,753 — 21,515 161.215 133,806 — 181,071 — 155,908 Minneapolis St Paul & Sault Ste. Marie Ry Co. All other revenues. Traffic expenses.. Transportation e: General expenses. Taxes and uncollectible revenues. Net revenue after taxes, &c____ Hire o f equipment— Credit_____ Rental o f terminals— D ebit_____ Net after rents________________ Other income— N et____________ Interest on funded debt_________ Net deficit______________- ____ 1924. $ .22,471,773 . 3,749,244 . 2.503.675 .28,724,693 . 4,380,515 . 5,168,457 . 448,627 .10,424,026 . 839.675 .21,261,302 . 7.463.390 . 1,984,751 . 5,478,639 . 259,932 . 132,116 5,606,455 1923. $ 21,985,381 4,470,881 2.500.831 28,957,095 4,063,620 5,178,479 402,694 11,422,053 822.256 21,889.104 7,067,990 1,855,625 5,122,364 907.466 127,428 5,992,402 1925. 1924. $ $ 1,499,747 1,216,193 340,455 369,893 149,822 158.238 1,998,441 1,735,909 290,111 267,573 456,890 370,526 33,576 42,257 899,507 868,585 66.688 71.079 1,732,917 1,633,879 265,523 102.029 157,653 152.517 107,870 — 50.487 5,249 Cr. 66,770 8,036 11,523 91,097 8,246 23,004 42,280 416,886 402,451 -302,784 — 351,924 Western Maryland Railway Co. Jan. 1925. Jan. 1924. Total revenues______________________________________ $1,675,310 $1,680,210 Total expenses______________________________________ $1,192,292 $1,238,336 'Jet from railroad____________________________________ 483,018 441,873 'jet after taxes____________________________________________ 423,018 351,873 13.531 17,042 Other income________________________________________ STet after rents, including other income---------------------400,947 341,291 lalance__ 5 ............................................. - . 2 ........................ 15 RAILW AY EARNINGS 145,441 79.978 — Jan. 1 to Dec. 31— — Month of January— 1924. 1925. 1924. 1923. Operating Income— $ $ $ $ 454,614 569,014 37,988 33,571 Freight revenue__________________ Passenger revenue— steam divisioni 4,562 3,499 39,038 51,811 Passenger rev.— electric division 722,405 778.124 74,597 75,348 All other rev. from transportation. 50.718 57,409 2,526 2,535 14,859 902 Rev. from other railway operationsi 13,087 749 Total operating revenues_______ 1,279,864 1,471,218 120,424 115,857 Railway oper. exp. (not incl. taxes)i 835,882 898,695 81.771 72,346 Net rev. from railway operations! 443,982 38,652 572,523 43,511 Railway tax accruals_______ 94,712 92,235 7,840 7,840 Railway operating income______ 351,747 351.747 30,812 477.810 35,671 Miscel. oper. income (or loss) 18,791 21,438 — 1,245 — 845 Total operating income________ 370,539 499.249 29,567 34,825 Non-operating income______ 62.346 62.478 3,154 3,385 Gross income--------------------------432,885 32,952 432,885 561,728 37,980 Deduct— Rents for leased roads__ 8,100 8.100 675 675 Other rents accrued— debits____ 71.003 4,110 3,912 46,578 Interest on funded debt________ 306,856 24,791 306,856 291.687 25,916 Interest on unfunded debt. 17,289 539 8,384 1,465 Amort. o f disc, on funded d e b t.. 1,316 492 4,685 185 Misc. income charges________ 2,982 2,862 Total deductions from gross inc 377,587 392,258 31,734 31,030 Net income___________________ 55,298 169,469 6,949 1,218 Canadian Pacific — Jan. 1 to Dec. 31— 1924. 1923. $ $ -Month of January— 1925. 1924. $ $ Gross earnings........................... 182502156 195837,089 11,896,513 13,392,432 Working expenses________________ 145264914 158358,079 11,312,744 12,532,032 37,227,241 37.479,010 583,768 860,399 onte Central — Jan. 1 to Dec. 31--------Month of January— 1924. 1923. 1925. 1924. $ $ $ S Gross receipts____________________ 103,476 118,899 8,841 7,333 Operation________________________ 90,821 116,804 7,877 6,999 N e t ______ _____________________ ' 2,085 12,655 963 333 Interest and taxes________________ 1,440 2.040 200 170 Surplus________ _______________ 645 10,615 763 163 Georgia &: Florida Rail way —Jan. 1 to 1924. $ Railway operating revenues______ 1,780.888 Railway operating expenses______ 1,325,692 Ratio of expenses to earnings_____ 74.44% Net revenue from railway oper’ns. 455,196 Miscellaneous debits or credits____ 1,526 Car hire— hire of equip., balance.. — 153.994 Income or deficit before taxes____ 302.728 77.064 T axes____________________________ Income or deficit before interest. 225.664 Receiver’s interest_______________ 152,706 Income or deficit after oper. exp., taxes, car hire & receiver’s in t .. 72,957 Dec. 31------- -Month of January— 1923. 1925. 1924. $ $ $ 1.785,526 103,731 141.533 1,356,787 97,525 112,613 75.99% 94.02% 79.57% 428,738 6,206 28.919 2,370 578 2,703 — 106.614 — 14,594 — 11,037 324,494 — 7,810 20,586 75,745 6,509 6,400 248,749 — 14.319 14,186 138,059 12,990 11,640 110,689 — 27.309 2,546