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TW O S E C T I O N S ---- S E C T I O N TW O RAILWAY EARNINGS SECTIO N OF TH E C o m m e r c ia l & F in a n c ia l C h r o n ic l e Copyrighted in 1923 according to Act of Congress, by W IL L IA M B . D A N A C O M P A N Y , in office of Librarian of Congress, Washington, D .C , VOL. 116. NO. 3020. NEW YORK, MAY 12, 1923. HIS entire publication is devoted to a presentation of the reports of earnings and expenses of United States railroads for the latest month (March) and for the calendar year to date, including said month. The table embraces every steam operating railroad in the country which is obliged to make monthly reports to the Inter-State Commerce Commission at Washington. Returns are now required only from carriers whose railway operating revenues, or gross earnings, exceed $1,000,000 per annum. The Washing Sworn Returns. ton. figures are a transcript of the sworn returns on file atof method They have the further advantage of uniformity and classification. Every company is obliged to make up its returns on the same basis and in the same way as every other company. Earnings The “Chronicle” has always made a specialty of weekly and monthly Our S e ialt reports of railroad earnings, and for nearly fifty years its weekly p and monthly summaries have been everywhere accepted as authori tative. The present publication is in continuation of this work. These Inter-State Commerce returns also maKe it possible for us Full Details. to present full details of both the revenues and expenses. Besides showing total gross earnings, we indicate separately the passenger and the freight revenues. In the case of the expenditures we report the outlays for both maintenance of way and maintenance of equipment as well as the traffic and transportation expenses. We also show the railway tax accruals and the net earnings after the deduction of such taxes and also the deduction of the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction of certain rents, namely equipment rents and joint facility rent. We conclude by giving the miles operated on which the earnings are based. The we necessarily been obliged Cents Discarded. if in centscase haveresults should happen to to discard altogether, and any the vary a dollar, one way or the other, from exact proof, the reason for the variance will be found in that circumstance. C Ref r»«j r^° ma^e publication absolutely complete, we add statements ompany r 8 at the end to show also the figures issued by the companies thems vn 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. contained in this extra and novel publication Other Returns The matterto the comprehensive reports of earnings we is entirely additional furnish in Continued. 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. As in the case of our numerous other Supplements or “Sections,” Only for all of which are expensive publications, the “Railway Earnings Subscribers. Section” will be furnished only to “Chronicle” subscribers. These will receive it free of charge, one copy going with each subscription. It will be im possible to obtain copies in any other way, as none will be printed for general sale. T 90 WILLIAM B. DANA COMPANY, PU BLISH ER S NEW YORK P in e S t r e e t 136-138-140 F ront S t r e e t A Reasonable Admission! “A railroad’s sworn statem ents to the Gov ernment are the most satisfactory source of information as to its condition.” In making our study of Railroad security values we make use of information which shows in detail the exact condition of the Company—the tigures and reports filed at the InterState Commerce Commission in Washington which are sworn to by the railroads as being absolutely correct. Since 1912 we have made an investigation of Railroad security values, and since 1920 have offered our services to investors in analyzing the obligations of the leading roads to find which of the Railroad bonds to-day are thoroughly well secured, and which one of the well-secured bonds returns the highest yield compatible with safety. Our service has been so favorably received by individuals and institutions that to-day we are represented in eleven cities throughout the States by other investment houses who offer this service in their territory. Appreciating that only a disinterested analysis can be fair, we and our representatives do not buy seasoned railroad bonds for our own account. We do participate in under writings of new issues of railroad bonds and offer them for sale. If you are interested in finding how this service can be used to advantage in making a report on your holdings of railroad bonds, or in obtaining suggestions for investment, we would suggest your writing us or to the firm nearest you representing us in our railroad service. Boston_____________Scudder, Stevens & Clark Richmond__________ Wheat, Williams & Co., Inc. Chicago____________ Bartlett, Knight & Co. St. Louis___________ Love, Van Riper & Co. Milwaukee_________ Henry C. Quarles & Co. Minneapolis!_______ Lowe, Grubbs & Co., Inc. St. Paul J Kansas City________ W. C. Sylvester Investment Co. Colorado Springs____ Hazlehurst, Flannigan & Co., Inc. San Francisco______ Strassburger & Co. Seattle_____________Baillargeon, Winslow & Co. BROOKE, STOKES & CO. Members P h i l a d e l p h i a S t o c k E x c h a n g e 15th and W a ln u t Streets Philadelphia 732 S e v e n t e e n t h S t . , N. W . 300 N o r t h C h a r l e s S t . W a s h i n g t o n , D. C. B a l t i m o r e , Md. May, 1923.] 3 RAILWAY EARNINGS 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 Eastern. See Southern Pacific. 12 Atchison Topeka & Santa Fe___________ 4 Atlanta & West Point_________________ 4 Atlanta Birmingham & Atlantic________4 Atlantic & St. Law. See Grd. Trk. Sys. 7 Atlantic City_________________________ 4 Atlantio Coast Line___________________ 4 Atlantic Steamship Lines. See So. Pac_12 Baltimore & Ohio_____________________ 4 Baltimore & Ohio Chicago Terminal__ 4 Baltimore Ches. & Atlantic. See Penn. 10 Bangor & Aroostook__________________ 4 Beau. Sour L.&W. SeeN.Orl.Tex.&Mex. 9 Bellefonte Central____________________ 14 Belt Railway of Chicago_______________ 4 Bessemer & Lake Erie________________ 4 Bingham & Garfield__________________ 5 Boston & Maine_______________________5 Brooklyn Eastern District Terminal___ 5 Buffalo & Susquehanna________________ 5 Buffalo Rochester & Pittsburgh_________ 5 Canadian Pacifio______________________14 Carolina Clinchfield & Ohio____________ 5 Central New England_________________ 5 Central of Georgia____________________ 5 Central RR. of New Jersey____________ 5 Central Vermont______________________ 5 Charleston & West Carolina___________ 5 Chesapeake & Ohio Lines______________ 5 Chicago & Alton______________________ 5 Chicago & Eastern Illinois_____________ 5 Chicago & Erie. See Erie____________ 7 Chicago & North Western____________5 Chicago Burlington & Quincy__________ 5 Chicago Detroit & Canada Grand Trunk Junction. See Grand Trunk System. 7 Chicago Great Western________________ 5 Chicago Indianapolis & Louisville_____ 5 Chicago Junct. See Chic. River & Ind. 5 Chicago Milwaukee & St. Paul_________ 5 Chicago Peoria & St. Louis RR_________ 5 Chicago River & Indiana______________ 5 Chicago Rock Island & Gulf___________ 6 Chicago Rock Island & Pacific_________ 6 Chicago St. Paul Minn. & Omaha____ 6 Chio.TerreHaute&Sou. SeeC.M.&St.P. 5 Cincinnati Indianapolis & Western____ 6 Cine. Leb. & Nor. Now incl. in Penn..10 Cine. New Orl. Texas Pac. See South. 11 Cincinnati Northern. See N. Y. Central. 9 Cleve. Cine. Chic. & St. L. SeeN.Y.C. 9 Coal & Coke. See Baltimore & Ohio__ 4 Colorado & Southern__________________ 6 Columbus & Greenville. See Mob. & 0 . 9 Cumberland Val. & Martinsburg. Now included in Pennsylvania___________ 10 Delaware & Hudson___________________ 6 Delaware Lackawanna & Western_____ 6 Denver & Rio Grande_____ _____ 6 Denver & Salt Lake___________________ 6 Detroit & Mackinac___________________ 6 Detroit & Toledo Shore Line___________ 6 Det. Gr. Hav. & Mil. See Gr. Tr. Sys__ 7 Detroit Toledo & Iron ton______________ 6 Duluth & Iron Range_________________ 6 Duluth Missabe & Northern___________ 6 Duluth South Shore & Atlantic_________ 6 Duluth Winnipeg & Pacific.................... 6 East St. Louis Connecting_____________ 6 Name — Page. El Paso & Southwestern_______________ 7 Elgin Joliet & Eastern_________________ 6 Erie__________________________________7 Evansville Indianapolis & Terre Haute. 7 Florida East Coast_____________________7 Fonda Johnstown & Gloversville_______14 Fort Smith & Western_________________ 7 Fort Worth & Den.City. See Col.&Sou. 6 Ft. Worth & Rio Gr. See St. L.-S. F _ .ll Galv. Harrisb. & San Ant. See Sou.Pac_12 Galveston Wharf______________________7 Georgia_______________________________7 Georgia & Florida_____________________ 7 Georgia Southern & Fla. See Southern. 12 Grand Rapids & Ind. Now incl. in Penn.10 Grand Trunk System________________ 7 Grand Trunk Western_______________ 7 Great Northern_______________________ 7 Green Bay & Western_________________ 7 Gulf & Ship Island_____________________7 Gulf Colo. & Santa Fe. See Atchison._ 4 Gulf Mobile & Northern_______________ 7 Hocking Valley_______________________ 7 Houston & Texas Cent. See Sou. P ac.. 12 Houston East & West Tex. See So. P ac.12 Illinois Central System_______________8 Illinois Central______________________ 8 Indiana Harbor Belt. See N . Y . Central. 10 International & Great Northern________ 7 International Ry. Co. of Maine_________ 7 Kanawha & Mich. Now in c l.in ld .Y .C en t. 9 Kansas City Mexico & Orient RR_____ 8 Kan. City Mex. & Orient Ry. Co. of Tex. 8 Kansas City Southern__________8 and 14 Kansas Oklahoma & Gulf______________ 8 Lake Erie & Western. Now included in New York Chicago & St. Louis_______9 Lake Superior & Ishpeming____________ 8 Lake Terminal________________________8 Lehigh & Hudson River_______________ 8 Lehigh & New England________________8 Lehigh Valley_________________________8 Long Island. See Pennsylvania_______10 Los Angeles & Salt Lake______________ 8 Louisiana & Arkansas_________________ 8 Louisiana Railway & Navigation Co_____8 Louisiana Western. See Southern Pac. 12 Louisville & Nashville_________________ 8 Louisville Henderson & St. Louis_______8 Maine Central___________________ 8 Maryland Delaw. & Virginia. See Penn. 10 Michigan Central. See N. Y. Central..10 Midland Valley_______________________ 8 Minneapolis & St. Louis_______________ 8 Minneapolis St. Paul & S. S. M ________9 Mississippi Central____________________9 Missouri & North Arkansas____________ 9 Missouri Kansas & Texas_______9 and 14 Missouri Kansas & Texas Ry. of Texas. 9 Missouri Pacific_______________________9 Mobile & Ohio________________________9 Monongahela. See Pennsylvania______10 Monongahela Connecting______________ 9 Montour_____________________________ 9 Morgan’s Louisiana & Texas RR. & SS. Co. See Southern Pacific__________ 12 Nashville Chattanooga & St. Louis_____9 Nevada Northern_____________________ 9 Newburgh & South Shore______________ 9 New Jersey & New York. See Erie_____7 New Orleans & North East. See South. 12 New Orleans Great Northern___________9 New Orleans Texas & Mexico__________9 Name — Page. New York Central____________________ 9 New York Chicago & St. Louis_________9 New York Connecting________________ 10 New York New Haven & Hartford_____10 New York Ontario & Western_________ 10 N. Y. Phila. & Norf. Now incl. in Penn.10 New York Susquehanna & Western___ 10 Norfolk & Western____________________10 Norfolk Southern_____________________10 Northern Alabama. See Southern____ 12 Northern Pacific_____________________ 10 Northwestern Pacific_________________ 10 Oregon Short Line. See Union Pacific..13 Oregon-Wash. RR. & Nav. See Un.Pao_13 Panhandle & Santa Fe. See Atchison... 4 Pennsylvania Railroad and Co__ 10 and 14 Peoria & Pekin Union________________ 10 Pere Marquette______________________11 Perkiomen___________________________ 10 Philadelphia & Reading Ry___________ 11 Pittsburgh & L. E. See N. Y. Central..10 Pitts. C. C. & St. L. Now in d . in Penn.10 Pittsburgh Shawmut & Northern_____ 11 Pittsburgh & Shawmut_______________ 11 Pittsburgh & West Virginia___________ 11 Port Reading________________________ 11 Quincy Omaha & Kansas City_________ 11 Richmond Fredericksburg & Potom ao_.il Rutland_______________ 11 St. Joseph & Grand Isl. See Union Pac.13 St. Louis-San Francisco_______ 11 and 14 St. L. Brownsv.&Mex. SeeN.O.T.&M. 9 St. Louis Merchants Bridge & Terminal. See Terminal Association of St. Louis. 12 St. Louis San Francisco & Texas. See St. Louis-San Francisco____________ 11 St. Louis Southwestern_______ 11 and 14 St.Louis S.W.Ry.ofTex. S«eSt.L.&S.W.ll St. Louis Transfer____________________11 San Antonio & Aransas Pass__________ 11 San Antonio Uvalde & Gulf___________ 11 Seaboard Air Line____________________11 Southern Railway____________________ 11 Southern Pacific______________ 12 andl4 South. Ry. in Miss. See Col. & Greenv. 9 Spokane International________________ 12 Spokane Portland & Seattle___________ 12 Staten Island Rapid Transit__________ 12 Tennessee Central____________________12 Terminal Railroad Assn, of St. Louis__ 12 Texarkana & Ft. Smith. See Kan. C. So. 8 Texas & New Orleans. See So. Pac___ 12 Texas & Pacific______________________ 12 Toledo & Ohio Central. Now included in New York Central_______________ 9 Toledo Peoria & Western. See Penn__ 10 Toledo St. Louis & Western___________ 12 Trinity & Brazos Val. See Col. & South. 6 Ulster & Delaware____________________12 Union RR. (of Pennsylvania)_________ 13 Union Pacific_________________ 13 and 14 Utah________________________________ 13 Vicksburg Shreveport & Pacific________ 13 Virginian____________________________ 13 Wabash_____________________________ 13 West Jersey & Seashore. See Penn___ 10 Western Maryland___________________ 13 Western Pacific______________________ 13 Western Railway of Alabama_________ 13 Wheeling & Lake Erie_______ 13 Wichita Falls & Northwestern_________ 13 Wichita Valley. See Colo. & Southern. 6 Yazoo & Miss. Val. See Illinois C ent.. 8 4 [Y ol. 116, RAILWAY EARNINGS REVENUE RETURNS OF United States Railroads FOR MARCH AND FOR THE THREE MONTHS ENDING WITH MARCH. In the following we furnish detailed figures of earnings and expenses for March 1923, as compared with March 1922, and also for the three months ending with March in the two years of every steam railroad in the United States which is obliged to file monthly returns of earnings and expenses with the Inter-State Commerce Commission at Washington. It should be understood, however, that the Inter-State Commerce Commission now requires monthly reports only from roads whose gross railway operating revenues exceed $1,000,000 per annum. Prior to the taking over of the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthly returns were required from all carriers having railway operating revenues in excess of $100,000 per annum. In the closing page of this publication—page 14—we also give the Company returns where these differ in any way from the Commerce Commission returns or embrace more facts than are contained in the latter. A k ro n C a n to n & Y o u n g s to w n A n n A rb o r Includes Coal & Coke ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 19.119.732 15,563,128 51,948,243 39.247,488 2,283,747 2,094,646 6,441.781 6,010,211 22.747.280 18.614,749 61,996.643 47.918,181 2,190.729 2.200.969 6,291,166 6,002,003 5,618.207 4,507.938 4,300,887 10,255,261 894,918 306.560 950,441 310.509 8,425,269 6,805,581 24,368,288 19,311,572 17,149,739 14,453.578 17,703,078 38,299,452 5,597,541 4,161,171 14.293,565 9,618,729 840,122 741.351 2.477,814 2,051,183 15,380 2.669 6,229 17,220 4.754,750 3,413,591 11,798,531 7,552,166 4,381,004 3,081.212 10,512.656 6,675,442 5,212 5,235 5,212 5,235 A la b a m a & V ic k s b u r g E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., Incl. other rev. Expenses— M aint.w ay M aint. of equipm ’tTraffic expenses__ T ransportation exp. T ot. exp. ,incl .o th . N et from railroad____ T a x e s ___ __ U ncollectible revenue. N et after taxes, &c_ N et after rents . A ver, miles of r ’d oper. A tla n ta & W est P o in t B & O C h ic a g o T e rm in a l -----M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----1922. 1923. 1923. 1922. 1922. 1923. $ * S s $ $ 477.264 206.226 575,038 316,097 375.263 178,131 4,341 36,632 42,232 1,074 2,778 1,653 501.501 270.699 216.527 186,966 609.987 431,124 40,279 28.479 80 729 56,420 54.347 14.643 22,861 19,960 55.284 100.569 58,856 59,339 7,476 5,572 16.488 8,458 9.752 22,117 65.391 131,197 186,380 184,127 192,469 46,885 133,439 268,726 362,169 327,853 95,667 375,228 232,775 — 91.470 83.088 103,271 91,299 234,759 14,000 27,000 22,440 19,200 9,000 40,250 22 12 76 240 69,012 82,299 205,775 — 113.932 84,059 194,269 149,841 — 151,486 66,602 49,593 58,619 129,975 170 170 170 293 170 293 E A R N IN G S . Passenger revenue___ T o t., incl other rev. Expenses—-M a in t .way M ain t. of equipm ’t Traffic expenses.. T ransportation exp. T o t.exp.,incl .o th . N et from railroad____ T a x e s ___ U ncollectible revenue. N et after taxes, &c. N et after ren ts______ A ver, miles of r ’d oper. —J a n . 1 to M a r . 31— 1922. 1923. * $ 980,493 880,659 122,654 113,485 1,044.480 1,141.902 120,072 130.231 182.452 347.105 28.584 26,481 540,282 600,336 1,133,139 920,164 — 88,659 221,738 57.600 67.320 125 49 — 156,028 164,013 100,378 — 255,258 293 293 B a l t i m o r e & O h io ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1922. 1922. 1922. 1922. 1923. 1923. 1923. 1923. S 8 $ $ * $ $ S * $ S 3 198,585 522,726 151,725 88.324 420.135 259,518 189,149 617.842 162,242 71.448 62,690 220.539 194,373 53,538 55,366 162,056 877.957 678,786 272,471 252.381 179,477 716,312 521,047 321,439 268,179 262,013 840.688 731.804 42,642 73,474 38,590 47,528 76.086 42,652 116,115 27,348 25.191 87,238 27.703 H 2.914 48.461 98.130 158,321 37,974 41,719 125.832 128.217 39.061 117.604 58.928 40,284 145,534 23.239 8,510 6.335 5,859 9,126 8,470 26,489 9,476 7,525 26,392 2,903 27.244 215,020 412,572 285,429 86,775 68,089 257,489 148,385 554,021 102.234 92,641 317,494 193,573 176,242 480,446 767,592 635,528 226,427 614,298 156,088 541,574 286,576 243,115 197.773 655,606 40.601 110,365 43.258 117,506 76,139 174.738 34,863 25.064 46,044 23,389 64,240 185.082 18,721 9,291 45,234 27,753 51,398 128,928 128,108 21,319 22,342 72.589 60,562 40,478 59 197 307 74 21 228 38 1 8 12,789 56,906 57,417 14,098 129,496 — 5,615 — 26,334 — 18,760 — 85,157 24,651 41,877 112,265 123,902 296,943 45,948 6,423 86,698 — 10,357, 55,446 144,234 34,876 45,779 144,917 71,477 141 91 91 141 141 93 93 93 93, 83 83 141 A t c h i s o n T o p & S a n t a F e S y s te m A t l a n t a B irm in g h a m & A tla n tic ! B a n g o r & A ro o s to o k -----M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— A tc h iso n T o p e k a & S a n ta Fe ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. 1922. 1922. 1923. 1923. E A R N IN G S . 1923. S 1922. 1921. 1922. % $ S * * $ $ 352.549 280,976 1,001,059 725,143 557,447 803.364 1,356.223 1,990,773 F reight revenue______ 11.690,005 9,843,707 32,559,441 24,952.433 44,479 32.180 95.702, 230 846 232.510 129.569 84.577 82,104 Passenger revenue__ 3,433,640 3,242,967 10.711,165 9.854.853 421,797 338,513 1,199,388 886.352 668,267 912,539 1,655.334 2,289,188 T ot., incl. o ther rev . 16,551,794 14,201,623 47.171,141 38.975,725 73,177 57.S77 195.611 167.740 108,016 379,856 317,145 160,425 Expenses— M aint.w ay 1,748,956 2,187,293 4,568,794 5.311.096 90,950 262,267 132.447 368.111 389,928 89.268 264.392 126,955 M ain t. of eq u ip m 't. 3,971,166 3,495.828 11,347,111 10,459,196 21,089 3.120 13.250 10,910 281,167 779,040 22,441 68,695 63,957 4,811 255,259 845,090 Traffic expenses__ 168,156 602.185 646,937 205.103 608.216 471,323 218,269 231,257 T ransportation exp. 5,356.257 4,681,266 15.540,912 13.630.918 407.350 352.488 1.182.499 1,013,922 525.958 493,338 1,420,036 1,421.225 T o t.e x p .,incl.oth. 11,554.572 10,957,355 33,149,906 31,169,723 14,447 — 13.975 16,889 — 127,570 235.298 867,963 4,997.222 3,244.268 14,021,235 7,806,002 142,309 419,201 N a x e s .. .railroad. 1,161,701 1,021,635 3,720,497 3,031,408 19.238 12,591 T et from . __ 37.913 57,348 40,010 77.355 109,034 158,928 3,428 12,575 18,673 12,138 781 4,214 4,581 165 375 8,943 95 178 U ncollectible revenue. 125,889 708,857 1.075 — 37.427 — 24.452 — 189,499 102,204 341,681 N et after taxes, & c. 3,822,946 2,213,690 10,282,065 4,762,456 — 8,580 — 54,737 — 60,710 — 231,324 271,920 715,681 157,484 339,054 N et after r e n t s _____ 4,107,772 2,600,346 10,975,036 5,073,577 639 639 625 8,947 8,855 8.944 8,858 639 639 616 616 625 A ver, miles of r ’d oper. G u lf C o lo rad o & S a n ta Fe A t l a n t i c C ity B e l t R a i l w a y o f C h ic a g o ----- M o n th o f M a r c h — - — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1923. 1922. 1922. 1922. 1922. 1922. 1923. 1923. 1923. 1923. 1922. E A R N IN G S . $ * $ $ S $ $ S $ $ $ $ 151,430 143,193 368,622 336,262 Freight revenue______ 1,381.327 1,294,209 4,259,315 3,659.494 158,312 134,015 385,998 363,650 303,469 286,961 845.631 914,863 Passenger revenue__ 1,817,505 1,717,985 5,511,909 4,831.077 323.165 285,346 624,679 554.172 1,797,749 1,486,227 791,894 722,086 52,200 398,400 411,118 1,098,747 1.277,002 51,403 166.826 48,897 45,754 109,663 152,114 98,467 Expenses— M aint. wav 195.060 485,812 451,360 1,418,777 1,453,652 34.392 51,143 98,569 58,947 64,333 53.328 172,107 M aint. of equipm ’t . 6,619 4,721 43,660 39,239 134,420 119.441 15,399 2,194 2.282 6.886 5,411 12,324 Traffic expenses__ 181,882 659,340 602,634 1,948,431 1,734.071 186,934 570,941 298,980 230,242 873,045 521,780 T ransportation exp. 674,957 283,430 294,259 864,427 418,742 354,130 1,214,172 751,004 981,255 T ot.exp.,Incl.oth. 1,648,930 1,569.924 4.788.512 4,799.891 39.735 — 8,913 — 72,533 — 28,918 168.575 148,061 200,042 723,397 31.186 205,937 583,577 N et from railro ad ____ 504,972 21,737 73,469 241,531 19,585 58,745 T axes________ ____ 80,635 158,053 62,747 48,686 60,234 127,425 112,154 3,116 2.271 1,371 3,482 3 3 1,933 3,139 Uncollectible revenue. 20.147 — 33,766 — 131,281 — 92,291 85,669 73,221 478,384 — 128,800 143.190 151,356 456,152 N et after taxes, &c_ 392,818 46,515 131,700 62,433 319,143 — 340,231 — 20,416 — 55,620 — 217,675 — 132,630 144,074 435,746 N et after ren ts. . . _ 429,195 176 176 176 32 1,908 1,907 1,908 1,907 32 32 A ver. miles o f r'd o per. 176 32 P a n h a n d le & S a n ta Fe A tla n tic C o a s t L in e B essem er & L a k e E rie ----- M o n th o f M a r c h ----- — Jan . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r. 31— 1923. 1922. 1922. 1922. 1923. 1923. 1922. 1923. 1922. 1923. 1923. E A R N IN G S . 1922. S $ S 8 3 % $ $ $ $ $ $ 507,895 477,021 1,380,033 1,286,096 5.900,965 4,869,744 15,557,512 12,202,038 1,169.957 722,707 3,163,889 1,768,365 F reight revenue______ 102,516 315,776 289,998 1,879,959 1,602,348 5,706,605 4.882,604 111,276 33,842 32,278 93,106 Passenger rev en ue___ 91.293 629,522 1,793,444 1,688.148 8,378,952 7,081,047 22,761,159 18,402,372 1,231.792 652,404 774,971 3,333,719 1,913.491 699,800 2,199,514 1,965,993 152,646 254.913 348,348 t 743,372 126.174 119,471 215,020 77.836 E xpenses— M aint.w ay 241.964 210,422 177,325 575,010 485,76C 1,456,452 1,276.844 4,011,397 3,348,823 420,258 302,431 1,191,062 M ain t. of equipm ’t. 843,289 115.940 7,432 6,268 23.239 122,093 342,275 12,836 19.05C 354,052 13,946 43,844 T raffic expenses___ 40,546 212,489 403,627 261,467 1,150,286 944,766 208,603 600,573 609.273 2,796,685 2,329,117 7,759,802 6,659,245 T ransportation exp. 574.808 563.622 1.506,709 1,616,794 5,318,006 4,613,908 14,882,232 12,878,420 941,028 725,885 2,694,701 1,963,162 To t .ex p . .incl.oth 77,5a6 65,900 286.735 49,086 71,354 3,060,946 2,467,139 7,878,927 5,523,952 290,764 639,018 — 49,671 N et from railro ad . . 375,000 275,000 1,075,000 23,638 72.202 775.001 29,200 32,700 87,600 22,813 68.441 T ax es________________ 98,100 272 472 5.902 12 296 357 1,613 2,801 2 16 8,022 U ncollectible revenue. 205 42,791 261,562 53,686 214,Obi 16,374 551,402 — 147,976 2.557 i 2,684,333 2,186,237 6,801,126 4,740,930 N et after taxes, &c. 2,538,339 2,051,822 6,453,025 4,440,260 I 509,431 30,418 27,215 133,094 68,044 1,291,410 — 53,412 93,047 N et after re n ts______ 4,859 4,849 4,860 858 857 858 228 225 857 1 4,849 J 228 A ver, miles of r ’d oper. 225 Mat, 1923.] E AIL W AY EAKNINGS 5 E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. E xpenses—M a ln t.way M ain t. of equipm tT raffic expenses__ T ransportation exp. T ot.exp.,Incl.oth. N et from railro ad ____ Taxes _____________ U ncollectible revenue. N et after taxes, A c. N et after r e n t s . . ___ A ver, miles of r ’d oper. 1 B i n g h a m & G a rf ie ld C h ic a g o & N o rth W e s te rn C e n t r a l N ew E n g l a n d ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 192,1. 1922. 1922. 1 1923. 1922. 192.1. 1922. 1923. 1922. 1922. 1923. 1923. $ * 8 8 S 8 $ $ $ $ S # 35,698 98.890 29,879 10,728 533.344 726,454 1,469.968 1,774.895 9,618,485 8,124,300 26,977,706 21.611,892 5 1 15 3 19,317 57,245 2,469,712 2,426,266 6,927.736 6,816,651 20.629 54,125 38.099 11.163 103,282 30.663 587.282 778.805 1,619,907 1,922.047 13,453.884 11.698,484 37.432,757 31,570,365 6,251 57.535 21.131 14,476 103.602 231.572 1.420.372 1,071,035 3,692,736 3,156,207 87.279 257.471 4,559 4.181 9.906 13.605 141.306 98.879 403,175 269.917, 3.393,857 2,426.927 9,569,120 7.149.486 3.856 1.267 1.309 4.195 508.542 458.632 5.845 14,892 13,312 178.374 147.508 4.258 9,400 13.153 5.384 25.327 255.802 240.681 779,880 651,505 6,042,253 5,280,794 17.509.686 15,480.053 97.834 25,654 69,339 36,573 520,489 443,749 1,490,941 1.204.032 11,431,750 9,298.212 32.464,690 27,376,817 12,445 — 25.410 718,015 2,022,134 27400,272 4.968,067’ 4,193.548 33.943 — 67.171 66.793 335.056 128.966 18,170 24,100 750,000 7.494 6,079 21,935 71,551 66.388 730,000 2,250.000 2,190,000 22.257 12.404 3 41 61 47j 3,293 955 6.876 4,951 — 31,489 — 85,341 12,008 42,690 651,580 1,268,841 1,669,317 2.711.191 1,991,144 312,758 57,354 16,717 — 27,236 47.993 — 71,705 14,206 211,612 ' — 218,260" 4957966 874. 049 1,553.676 1,9 JO,333 1,712,169 34 34 8,462 8.462 8,402 34 295 295, 8,402 295 295 34| E A R N IN G 8 . F reight revenue______ Passenger rev en ue___ T o t.. incl. other rev. Expenses— M ain t. way M ain t. of e q u ip m 't. T raffic expenses__ T ransportation exp. T o t.exp. .incl .o th . N et from railroad____ Taxes _______________ U ncollectible revenue. N et after taxes, Ao_ N et after ren ts______ A ver, miles of r ’d oper. ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1023. 1922. 1923. S 8 * S 4,683,405 4.485.906 11,880.117 11.715.595 1,917,691 1.739.534 5.531,245 5,099,770 7,455.326 6,902.522 19.699.485 18,610.969 942,207 910.695 3.205.124 2.575.721 1,657.196 1,292.126 4.901.867 3,632,231 159.262 150.096 51,850 55.573 3.908,044 3.127,516 11,272,727 9,139,156 16,258,540 6,808,644 5,643,938 20,251.734 646,682 1,258.584 — 552.249 2,352.429 223,491 147.977 708.435 474,559 30 49 19 77 423,161 1,110,588--1,260,761 1,877,821 — 181.466 892.922--2,962,361 1,133.424 2.286 2,286 2,286 2.286 E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M aint. way M aint. of eq u ip m 't. T raffic expenses__ T ransportation exp. T o t.exp., incl.o th . N et from railro ad ____ Taxes ______ ______ U ncollectible revenue. N et after taxes, & c. N et after r e n t e __ __ A ver, miles of r ’d oper. ----- M on th o f M a rc h ----- — J a n . I t o M a r . 31— ----- M o n th o f M a r c h ----1922. 1923. 1922. 1923. 1923. 1922. S S * 8 8 8 387,777 158,382 160.966 406.974 541,498 454.803 106,774 100,022 411.672 167,309 169.594 435.332 705 062 608.459 16.041 5,859 15.437 5.449 77,812 72,364 26.279 61.623 17.404 43.037 151.905 122,899 463 30 612 25 14.336 1 1 872 155.204 51,899 58,834 149.343 432,648 318.886 248,321 96.322 80.975 224,786 700,070 555,473 163.351 73.272 210.546 86,334 4.992 52.986 19.047 11,888 6.349 23,915 17.570 20,485 34 65 144,304 — 15,527 74,446 66.923 186,631 35.351 74,606 186.791 ' 144,304 — 85,645 — 8,415 66,923 9 9 9 532 9 533 E A R N IN G S , F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M a in t .way M ain t. of e q u ip m 't. T raffic expenses___ T ransportation exp. T o t.exp., incl.o th . N et from railro ad ____ T ax es________ — . . U ncollectible revenue. N et after taxes, A c. N et after rents . . . A ver, miles of r ’d oper. ----- M onth o f M a r c h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r. 31— 1922. 1923. 1922. 1923. 1922. 1923. 1922. 1923. S 8 8 8 $ 8 $ 8 505.554 264.582 161.676 754.988 883.445 693.830 359.526 299.837 20,198 6,918 7,418 18.711 34,311 35,196 103.278 108,156 784,759 538.402 174.207 275.316 409,922 351.227 1,027.378 839.141 88.649 108.786 38.141 30.368 124,230 55.046 45.444 142,890 157.191 45,863 240.483 47.621 33.820 123.848 123.724 79.144 6.855 2,097 6.082 7.771 2.107 7.149 20.597 20.513 176.761 85,272 58.045 256,309 152,332 128.752 412,911 352,145 456.200 145.099 637.645 213,525 268,667 222,329 639.326 719,795 82,202 61.821 29,108 147.114 128.898 307.583 199,815 141.255 9,750 3.250 45.100 11,000 11.000 33.000 17.600 33.000 1 Cr 10 44 47 118 72,452 25.858 44,221 102,013 166,697 130,265 117,814 274,536 141,803 50,1-48 265,087 108.520 1077758 2267808' 149.407 105.743 253 253 342 342 253 342 342 253 B o s t o n & M a in e B r o o k l y n E a s t e r n D i s t r i c t T e r m ’l C e n tra l R a ilro a d ----- M on th o f M a rc h ----1923. 1922. $ 8 4,012,315 3,978.907 689,195 656,277 5,058,274 4,895,718 408,685 294.617 1,501.732 1,245.019 34,377 32,105 2,197.375 1,787,684 4,265,091 3,483.829 793.183 1.411.88? 305.779 263.327 308 611 487,096 1,147.951 354,986 1,093,253 694 691 R o c h e s te r & P itts b u r g h & C h esapeak e ----- M o n th o f M a rc h ----1923. 1922. 8 8 11,313,943 10.833.940 2.179,967 2.072.623 14,813.534 13.969,630 1.413.249 1.516 592 3,354.375 2,928.539 219,491 174,268 5,895.920 4,993,200 11,356,933 10,040,496 3.456,601 3,929.134 922.521 917.945 3.009 3,173 2,530,907 3.008,180 2,378,718 2.896.388 9,393 9,393 — J a n . 1 to M a r . 31— 1922. 1923. * S 1,425.341 1,186,904 323.054 295.667 1,924.185 1,626,592 186.619 221.809 393.583 328.253 40.389 38,155 1,270,498 905.439 1,990,946 1,547,378 — 66,761 79.214 52.710 61.475 121 159 — 128,395 26.383 — 331,948 — 68,402 532 533 ----- M o n th o f M a rc h ----1923. 1922. $ S 1,690.059 1,493,066 348,679 351,093 2.198.254 1,997.294 191.360 161,163 579,145 466.115 64,670 66.477 987,404 851,195 1,830,040 1,612,811 368.214 384.483 79.168 73,073 40 149 295,101 305,166 190,126 169.576 1,496 1.496 W e s te rn & — J a n . 1 to M a r . 31— 1922. 1923. 8 $ 33.072.014 28.697.568 6.323.902 6,124.054 43.123.858 37.714,246 3.378.320 3,477.471 10.207.835 8,386.129 597.268 533,829 17.370,036 14,551.823 32,969.528 28,271,588 10.154.330 9.442,658 2,767.588 2,753,764 25,339 4,527 7.361,403 6,684,367 6,860.421 6,452,059 9,393 9,393 C h ica g o G re a t W e s te rn — J a n . 1 to M a r . 31— 1922. 1923. S $ 4,711,502 3.959,685 1,036,345 1,011,799 6,204.442 5.373.131 529.402 455,413 1,477.440 1,407.575 195.869 194,843 2.829,900 2,517,273 5,230,910 4,778,383 973.532 594,748 241.654 252,877 726 324 731,554 341,145 460,461 — 12,391 1,496 1,496 C a r o l i n a C h i c a g o I n d i a n a p o l i s & L o u is v ille O h io L in e s ----- M onth o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— E A R N IN G S . 1922. 1923. 1922. 1923. 1923. 1922. 1922. 1923. $ 8 $ S $ 8 8 $ F reight revenue______ 1,995,727 1,524.318 5,719.164 3.693.922 6,681,666 6,729.769 18.875.611 17,675.059 Passenger revenue___ 445.378 395.876 131,157 156.322 879,766 765,265 2.446.909 2,180.155 T o t., incl. other rev. 2,225.361 1,704.765 6.353.536 4,219.904 7,979.408 7,832.296 22.441.878 20.702.483 Expenses—M aint. way 347.947 1.006.007 120,722 640.750 265.638 804.1 S3 2.496,792 2,129.865 M aint. of equipm ’t . 591,830 2.258.262 1,347.767 2,173.000 2.086.626 6,235.178 5,244.970 705.647 Traffic expenses__ 18,730 48.331 76.277 81,438 28.907 86,785 251.447 217.534 T ransportation exp. 600.570 2.462,065 1,555,188 2.837.479 2,704.463 8.271.814 7,744,353 832.380 T ot. exp., incl. oth. 1,880,144 1,372,477 5.571,794 3,116,716 6,328,932 5,8; 1,788 17,876,948 15,876,477 N et from railroad____ 803.188 1,650.476 1,960.508 4,564.930 4,826,006 781.742 345,217 332,288 T ax es______ __ ____ 105,001 35,001 105.000 35.000 303.740 267.500 911.220 802.500 U ncollectible revenue. 3.695 3.249 193 1,071 4 1,693 3.181 1,124 N et after taxes, &o. 676,549 694,492 1,345,612 1.691,937 3.652.017 4.020.325 294,038 310.213 N et after ren ts--------756,143 1,394.568 1,736.374 3.829,221 4,204,413 945,414 387,322 325.156 A ver, miles of r'd oper. 589 589 589 2,552 2,547 2,552 2,548 589 C a r o l i n a C li n c h f i e l d & O h io C h ic a g o & A lto n — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M onth o f M a rc h ----E A R N IN G S . 1922. 1923. 1923. 1922. 1923. 1922, 1922. 1923. * 8 ’ 8 8 $ 8 8 $ F reight revenue--------745,193 631.413 2,025.532 1,729,637 2,067,709 2,113.868 6,010.381 5.891,284 Passenger revenue___ 119,029 103.689 35,373 43,038 529.364 465,695 1.545,171 1.377.257 T o t., incl. other rev. 679,136 2,182,435 1,861.348 2,842.685 2,763,525 8,205.705 7,752,444 802,067 E xpenses— M a in t . way 71.046 180,126 208.694 580,710 70.480 263.373 185.945 800.527 M ain t. of equipm ’t . 165.679 586.886 429,527 195.473 750,338 699.994 2,352.060 1,955.951 T raffic expenses___ 73.910 67,546 23.214 59,510 171.400 24,977 51.931 166.444 T ransportation exp. 170,666 659.044 489,466 1,016,916 1,027,843 3.025,985 2,966,964 229,639 T ot.ex p ..in cl.oth . 539,722 449,390 1,556,821 1,245,311 2,160,864 2,040,526 6,559,577 5,877,710 N et from railro ad ____ 616,037 681,821 229.746 625.614 722,999 1,646,128' 1,874,734 2 6^5 7 3 120,000 T axes______ __ - -40,000 150,000 92.655 71.823 255,055 221.823 50,000 U ncoilectibie revenue. 178 186 57 55 1,218 1,832 39 795 N et after taxes, A c. 495,851 589,111 649,958 1,390,278 1,651,079 189,689 475,436 212,306 N et after ren ts--------666,588 616,769 494,142 509,570 1,058.901 1,154,300 283,174 262,839 A ver, miles of r 'd oper. 295 1,050 295 309 1,050 1,050 1,050 309 C h i c a g o & E a s t e r n I l lin o is C e n t r a l o f G e o r g ia ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— E A R N IN G S. 1922. 1923. 1922. 1923. 1923. 1922. 1923. 1922. S $ S 8 $ 8 S 8 F reight revenue______ 1,811.708 1,427,152 4,796.229 3.488.577 1,962,741 1.806.441 5,745.677 4.965.474 Passenger revenue___ 387,962 1,399,126 1.182.966 383.945 348,657 1,147,017 1,066.219 442,812 T o t., incl. other rev. 2,478.682 1,982,465 6,796.167 5,136,559 2,541.687 2,294,679 7,418.227 6,436,232 Expenses— M aint. way 667,996 248.782 223.650 795.736 197.386 674,123 274.461 609,310 M aint. of equipm 't991.010 698.729 350.576 1,267,465 528,559 2,231.710 1,552,190 436,610 T raffic expenses___ 213.046 192,401 47.521 62,009 49,576 134,137 69,675 131.531 T ransportation exp. 717,060 2.636,414 2,076,880 1,015,350 887,739 2,974,724 2.559,437 929,177 T ot.exp. .incl.oth. 1,800,841 1,445.188 5,17 /.399 4,178,150 2,095,086 1,744,061 6,259,688 5,088,134 N et from railroad____ 958,409 446.601 550.618 1,159,139 1,348,098 5377277 1,618.768 677.841 126 077 120,000 85,000 320.000 255 000 92 692 334.270 256.996 U ncollectible revenue. 248 2.956 2,715 138 1.034 2,898 1,623 1.836 N et after taxes. Ao. 444,337 1,281,542 698.698 326,463 464,584 836,241 1,091,262 550,141 MQ 145 450.247 1,246,585 760,474 417,418 485 866 1,077,820 1 0fi3 787 A ver, m iles of r ’d oper. 1,920 1,913 1,913 945 945 l|9 2 0 945 945 C h i c a g o B u r l i n g t o n & Q u in c y Jersey C e n tra l V e rm o n t B u f f a l o & S u s q u e h a n n a R R . C o rn C h a r l e s t o n B u ffa lo o f N ew — J a n . 1 to M a r . 31— 1922. 1923. * 8 10,696.214 10,269.648 1,996.127 1,905,862 13.477,880 12.910.641 1.314.339 1,084,710 3.494,081 3.784,005 96,762 121 .474 6,404,147 5,109,127 11,700,779 10.436,471 1,777,101 2,471,170 778,952 913,277 682 837 863,142 1,694,381 680,920 1,601,265 691 694 ----- M on th o f M a r c h ----1923. 192 J. 8 $ 1,227,118 1.036.833 260,906 247.822 1,640,998 1,397,685 134,014 128.970 346 206 2.83,653 32.780 32,039 594,201 512.616 1,156,220 1,008,514 484.778 389.171 93,731 74,324 210 196 370,837 314,651 239,129 204,489 657 654 — J a n . 1 to M a r . 31— 1922. 1923. 8 8 3,283.190 2,756,334 719.077 691,762 4,403.909 3,748.235 363.161 385.226 948,691 796,162 96.628 100.146 1,710.300 1,434.084 3.289.599 2,838,523 1,114.310 909,712 179,461 215,551 221 401 898,538 729,850 506,994" 425,127 657 654 C h i c a g o M ilw a u k e e & S t. P a u l In c l. C hic. T erre H a u te & S o u th e a s te r n ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 192'. 1923. 11.343.514 10,039.808 32.077,650 25,768.642 1,996.798 1,929.217 5,613.774 5,425,507 14,791.287 13,364.836 41,608,208 34.639,858 1.388,924 1,235.386 3.597.268 3.815.967 3,651.274 3.634,642 10,666.314 9,936.713 566,521 549.868 190.836 182.547 6,216,083 5.583,893 17,942,490 15,911,972 11,826,346 11,023,482 33,881,363 31,368,236 2,964,941 2,341.354 7.726.845 3,271.622 789.440 798,704 2,368,320 2,396,112 3,314 4,776 5,114 14,807 2,172,187 1,537,874 5,353.411 860,703 1,548,299 1,055.902 3,972,465" — 287,903 11,030 11,025 11.025 11,030 C h ic a g o P e o ria & S t. L o u is — J a n . 1 to M a r . 31— 1922. 1923. 8 $ 297,474 508.779 66,288 44,983 369,706 612.413 56,440 70.385 76.930 129,855 9,438 13.237 221,615 348,007 393,300 593,550 — 23,594 18.863 28,510 28,584 20 — 52,178 — 9,667 — 94,861 — 75,873 247 246 C h i c a g o R iv e r & I n d i a n a In c lu d e s C h icag o J u n c tio n ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. ----- M o n th o f M a r c h ----1922. 1923. S S 83.358 180.943 23.807 15,659 107,835 218.293 18,448 31,464 21.832 40,441 4,155 2.954 62,402 113.920 114,998 200,868 17,425 — 7,163 9,510 9,500 4 7,911 — 16,663 — 25,425 — 13,198 246 247 672,192 52,200 67,948 1,738 277,169 410,972 261,220 46,057 1 215,163 I 299,340 28 _______________ — 1,879.498 151,931 217,625 4,055 768,906 1,175,513 703,985 115,347 588,638 842,099 28 — RAILWAY EARNINGS 6 [V ol. 11*. D e t r o i t T o le d o & I r o r i t o n C o lo r a d o & S o u t h e r n ( C o n c l u d e d ) ----- M o n th o f M a rc h ---------- J a n . 1 to M a r . 31— — J a n . 1 to M a r. 31— W ic h ita V alley 1022. 1923. 1922. 1923. 1922. ----- M on th o f M a rc h ----- — J a n . 1 to M a r . .31 — 1922. 1923. % 1923. 1922. 1923. 1922. $ S S S * S 899.137 745.494 2,297.201 1,765,525 939,811 1,030.354 79,967 75.264 236,636 221.405 350,158 28.864 10 056 10,632 29,742 218.679 18,600 51.624 58,447 17,998 218,494 67,865 766.750 2.376,961 1,822,772 299.458 926.335 105.150 464.870 1.264.823 1.371.983 100.647 306,806 176,799 254.753 63.676 114.050 59,288 212.247 159.613 18.397 16.350 54.444 50.753 341,747 481.638 12.472 40.042 30.712 175.906 154.389 102.476 222.273 276 487 7,865 18.408 19.398 6.917 6.269 38.010 40.235 27 30 175 13.4,30 93 669,508 920.258 132.067 320.673 257.085 37,930 44,411 122,189 227.074 665.735 649.014 408,550 1,183,959 1,170,082 ’7 0,410 70,119 221,930 228.225 625,093 493.946 1.704.392 1,258,410 564.362 672.569 201.901 301.242 272.804 34.740 30.528 81.864 56.320 84.876 71.233 43,328 37.812 36,450 17.330 14,900 5.140 5.638 12.564 36.716 18,415 11.150 68 538 62 8 558 68 4 521,034 634,757 257,904 29,040 25,380 53.835 288.678 45,166 44,590 164,913 66.393 19,060 15.316 26.141 181,822 32,146 7.882’ 114.566 36.720 179.659 290,732’ 334.350 t.454 461 454 271 256 271 256 454 454 461 461 D u lu th & Iro n R a n g e C h ica g o R o c k Is la n d & P a c if ic D e la w a re & H u d s o n M -----M 'm th o f M a rc h ----- — J a n . 1 to M a r. 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— — — on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 1922. 1923. 1922. 1923. 1923. 1922. 1922. 1923. 8 $ S S * $ * S * S * 8 222,469 448,611 91.342 164.208 7.214.009 7.094.841 20.919.136 19,134.682 3.301.444 3.622.532 8,489.521 9.611,090 48,626 62.966 21.501 16.743 308,680 262,536 916.027 810.648 2.125.631 2,080,184 6,053.389 5.900,652 586.000 317.417 124.347 211.195 10.119.407 9.807.090 29,049.655 26.908.041 3.836.136 4,120.525 10.040.306 11.338.241 133.498 177.233 45.018 1.246.789 1.019.849 3.640.598 3.493.503 341 .368 615.200 1.0.38.416 1.356.579 69 191 375.308 259.920 91.003 2.320.964 2.192.998 7.111.325 6.040.394 1,110,464 1.053.323 3.382.410 2.815.278 128.763 3.119 175.101 128 729 3.079 570.87 7 519.914 43.907 1.110 1.106 187.259 38.425 1 12.168 322.526 160.381 109.375 481,924 4.519.699 4,1 11,501 13.326.857 12.139.360 1,780.365 1,538,115 5.093.222 4,293,336 766,754 262,308 1,092.048 377.118 8.576.168 7.781.610 25,533.359 22.963,102 3,436.296 3.428.960 10,140,979 9,166,911 399.840 1.543.239 2.025.480 3.516.296 3.944.939 691.565 — 100.673 2,171 330 — 165.923 — 137.961 — 506.048 — 449.537 20,556 35.763 85.690 257.070 7.808 84.88,3 12.721 512.795 254.664 530.144 1.529.296 1.570.752 222 28 222 3,869 3.126 689 1.209 7,137 9 1.571 1.017 7.125 314,263 598,750 — 356,544 1,907,123 — 178.653 — 145.991 — 541.839 — 470,115 1 028.873 ' 1.494.319 1,983,131 2,371.061 211.470 618.998 — 508.631 1,994.752 — 185.269 — 147.145 — 546.942" — 468.147 714.036 1,288.787 1.045.145 1,645.527 281 279 7.661 7.661 887 887 279 281 7.635 886 886 7.635 C h ic a i ?o R o c k I s la n d & G u lf E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M aint .way M ain t. of e q u lp m 't. T raffic expenses__ T ransportation exp. T ot.exp.,incl.oth. N et from railro ad ____ Taxes _ _ ___________ U ncollectible revenue. N et after taxes. Ac. N et after ren ts______ A ver, miles of r ’d o per. E A R N IN G S . Freight revenue . Passenger revenue__ T o t., incl. other rev. Expenses— M aint .way M ain t. of equipm ’t . T raffic expenses__ T ransportation exp. T o t. exp. .incl .o th . N et from railro ad -----T a x e s______ _ — ---U ncollectible revenue. N et after taxes. A c. N et after ren ts--------A ver, miles of r'd oper. -----M onth / 192.1. $ 32,5.794 68.324 432.863 95.165 78.911 12.568 227.060 428.808 4.055 12.239 363 — 8.547 — 12.660 461 M a rc h ----- C h i c a g o S t . P a u l M in n . & O m a h a D e la w a r e L a c k a w a n n a & W e s t e r n E A R N IN G S . F reight revenue--------Passenger revenue___ T o t., incl. other rev. Expenses—M aint. way M aint. of equipm "t. T raffic expenses__ T ransportation exp. T ot.exp.,Incl.oth. N et from railro ad -----T ax e s_________ _____ U ncollectible revenue. N et after taxes. A c. N et after re n ts— — A ver, miles of r ’d oper. E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl other rev Expenses— M a in t . w ny M ain t o fe q u lp in 't. Traffic expenses__ T ransportation exp. T ot.exp. .Incl.oth. N et from railro ad -----T ax es---------- ----------U ncollectible revenue. N et after taxes, A c. N e t after ren ts. -----A ver, miles of r ’d oper. — J a n . 1 to M a r . 31— ----- M onth o f M a rc h ----- — J a n . 1 to M a r 31— 1921. 1922. 1922. 1923. 1923. 1922. f 8 8 5 $ $ 4.973.726 4.456.719 5.581.372 5.357.445 14.850.722 14.250.968 1,521.708 1,452.990 1,066.977 978.777 3.197.237 3.021.063 6.939.322 6.298.608 7.533.389 7.081.5.36 20.438.431 19.351.076 61 1.737 7X8.428 596.373 551 .517 I .632.674 1.615.790 1.478.097 1.212.949 1,983.311 1,4.36.976 5.987.988 4.151.656 105.219 106.016 99.776 319.4.39 326 146 107.984 3,560,001 3.224.049 3,409,852 2,831,469 9.711,187 8,099,080 5,991.523 5,568,112 6,318.463 5.145,432 18,274 877 14.823.602 947.799 730,496 1.214.926 1.9.39.104 2.163.554 4.527.384 387.067 409.733 409.995 476.495 1.229.985 1.429.485 2.985 2.862 5.998 1.577 2.614 263 535.081 310,567 802,317 1,462,346 927.571 3.096.322 580.982 259.297 908.716 1,566.092 1,247,875 3.175.570 1.749 1.749 993 994 993 994 C i n c i n n a t i I n d i a n a p o l i s & W e s t. D e n v e r & R io G r a n d e -----M on th o f M a rc h ----- — J a n . 1 to M a r. 31— ----- M o n th o f M a rch ----- — J a n . 1 to M a r. 31— 1923. 1923. 1922. 1923. 1922. 1922. 1922. 1923. S 8 % S * S 8 S 830.838 1.840.777 1.919.874 5.69.3.762 5.492.837 346.970 289.272 998.503 142.179 48.117 119,463 380.315 37.348 356.407 1.136.191 1,068.810 417.870 355.311 1.212.710 1.024.806 2,430.435 2,468.200 7.458.001 7.014.292 845.196 51.016 95.427 120.331 259.740 768.572 38.533 244.243 227.497! 769.559 84.758 260.150 465.782 2.49.3.309 1.076.462 92.1 19 1 1 .701 33.738 33 71 4 43.348 10.974 49.838 140.926 131.827 479.001 157.632 560,479 991,652 865,617 3,099,423 2,506.507 177.034 928,451' 2,177.237 1.75.3.328 6,866,071 5,044,615 339,941 325,763 1,011,535 253.198 77.929 29.548 201,175 96.355 591.930 1.969.677 714.872 40,501, 167.775 155,000 465.000 11.485 58.658 20.977 593.325 80 ............. 2.291 2.892 554 142.517 55,854 83,132 56.952 18.063 559,792 85,713 1,504,123 32.081 — 3.085 46.266 — 7.356 164.694 611 9G f 213.417 1,628.379 347 350 350 347 2.593 2.593 2.593 2,593 -----M onth o f M a rc h ----1923. 1922. $ * 1.739.465 1.71 1.192 513.370 538,269 2.451 .641 2.404.940 215.876 262.883 569.136 463.854 33.012 39.328 1.225.945 1,125.502 2,130,489 1,969,1 15 321.152 435.825 135.684 133.215 2.208 684 300.402 184.784 274.192 195.188 1.749 1.749 C o lo r a d o & S o u t h e r n S y s te m D en ver & S a lt L a k e -----M onth o f M a rc h ----- — J a n . 1 to M a r. 31— C o lo rad o & S o u th e rn -----M onth o f M a rc h ----- — J a n . 1 to M a r . 31— ! 1923. EA RN TN G S. 1922. 1923. 1922. 1923. 1923. 1922. 1922. 1 % $ S S 373.900 874.60,3 2.385.046 2.349.465 92.190 168.128 329.428 795.445 F reight revenue--------42 810 427.480 401,258 128.153 8,902 14.227 134.411 36.043 Passenger revenue---122.450 T o t.. Incl. other rev. 1.007.339 1,076.475 3.022.175 2.956.833 192.525 425.453 44 1.975 101.169 338.675 272.131 40 0.35 65.290 E xpenses— M aint. way 1 16.731 25.234 106.427 209.686 970.736 696.358 82.812 47.019 227.332 M ain t. of equipm ’t. 110.232 330.623 2.701 T raffic expenses__ 40.828 816 13.286 12.31 1 44.315 1,060 2 816 T ransportation exp. 164.960 187.059 430.816 407.233 1,303.326 1,158,947 51.279 64.599 143.839 T ot.exp..incl oth. 942.067 782.364 2,806.116 2.326,708 180,956 541,242 361.425 48.686 — 115.789 80.550 294.1 11 216.059 630.125 — 58.506 N et from railro ad -----65.272 198.548 191 .362 9.090 9.000 27.000 27.000 70.18.3 63.787 416 79 10 37 1.503 25 4 U ncollectible revenue. 494 223,891 23,194 431,161 — 67,531 39,682 — 142,868 991 53.540 N et after taxes, A c. 369.958 — 61.606 42.809 — 126.870 180.521 35.913 65.887 10.840 N et after r e n t s ------1,099 1.099 1,099 255 255 255 255 A ver, miles of r ’d oper. 1.099 F o rt W o rth & D en v er C ity D e t r o i t & M a c k in a c ----- M on th o f M a rc h ----- — J a n . i to M a r . 31— ----- M onth o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. 1922. E A R N IN G S . 1923. 1923. 1922. 8 $ S * S S % S 121.904 F reight revenue . . . 527.739 576.270 1,543.404 1.539.092 103.354 293.082 230.640 475.991 29.826 156,550 435.147 29.938 87.885 Passenger revenue---140.859 82.348 143.036 776,526 2,084.642 2.128.364 161,983 T o t., incl. other rev. 705.171 409.083 338,253 19.379 64.676 178.392 214.265 22.688 66.450 60.225 58.369 E xpenses—M a in t . w a y 52.330 136.911 49.417 181 940 561.044 428.935 137.612 150.590 M aint. of equ ip m 't. 32.450 1 .827 10.772 31.532 2.245 Traffic expenses. 5 838 6.546 12.207 765.050 262,482 689.732 65.354 60.269 T ransportation exp. 226,039 190,214 173.713 144,934 139.325 409,563 T ot.exp. .incl.oth. 522.206 510,154 1,569,597 1.560.733 405,960 17.049 3.711 266.372 515.045 567.631 — 480 — 67.707 182.965 N et from railro ad -----112.240 10.712 126.512 10.000 48.522 32.137 37.504 32.004 Taxes ---- -------- 627 172 106 977 U ncollectible revenue. 533 6,337 387,906 455.219 — 6.289 — 33.594 — 99.711 217,744 144 928 N et after taxes, A c. 16,04.3 — ll.v-26 — 1.021 — 105,474 496.119 465.606 216.451 183.693 N et after re n ts .. — 456 385 385 454 385 456 454 385 A ver, miles of r 'd oper. T rin ity & B razos V alley D e t r o i t & T o le d o S h o r e L in e ----- M on th o f M a r c h ----- — J a n 1 to M a r. 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r. 31— 1922. j 192.3. 1922. 1923. 1922. 1923. 1923. 1922. E A R N IN G S . $ 5 S •I ? * 8 391,180 349.686 982.809 379.539 1.025.989 1,005,105 102.401 262.693 F reight re v e n u e -------65.694 49.955 20,752 Passenger revenue___ 16,895 381.810 1,042.327 1,011,066 396,191 419,696 1,083.072 291,473 T o t., incl. other rev. 125.743 23.201 95,701 26,798 239,436 67,084 20.232 57.730 Expenses— M a in t . w a y 58,333 92.502 219.931 34,795 20.738 89.558 81,958 M aint. of e q u ip m 't. 29.027 61,319 2.142 1,901 3.229 9,585 Traffic expenses__ 2.864 10.684 7.335 6.447 T ransportation exp. 199.346 374,654 115,730 97,442 320,945 61.612 105,845 284.575 186.561 150,569 505.273 878,923 T ot.exp.,incl.oth. 123,816 261,614 429,290 430,911 209.630 231.241 29.859 — 9.594 204,149 537.054 1.927 580,155 N et from r a i l r o a d __ 21,000 14,000 22,500 18.300 54,900 42.000 7,000 7.500 T ax es______ ____ 188 15 123 U ncollectible revenue. 94 108 15 183,026 191,330 217,226 482,154 538,140 — 5.667 22,751 — 32,282 N et after taxes, A c. 98.692 142,745 219.282 327,493 N et after rente______ — 22,754 — 14,102 — 93,132 — 39,720 61 61 368 368 61 368 368 61 A ver, miles of r ’d oper. D u lu th M is sa b e & N o rth e rn ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. $ 8 S $ 133.121 96,480 317,119 218.190 112,865 69.257 27.006 39.753 377.810 469.237 190.042 153.125 237.200 297.613 103.231 89.844 374.474 136.382 589.295 214 029 9,208 8.771 3.326 3.572 540,508 449,624 161,332 193.527 534.749 414,171 1,503,920 1,137,546 —344.707 — 261.046— 1,034.683 — 759.736 163,646 229.473 77.664 55.364 6 — 422.371 - 3 1 6 ,4 1 0 - -1.264,156 — 923,388 — 425.099 — 317,989— 1.266.556 — 926,245 304 305 305 304 D u lu th S o u th S h o re & A tla n tic ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 192.3. 1922. 1923. $ S » $ 539,640 865.542 228.984 308.215 276.640 225,673 87.489 73.218 843.878 426.371 328.292 1.231.855 133.568 140.983 49.383 49.544 73.142 71.318 224.174 192.417 6.891 18.738 20.941 6.893 720.565 209.676 561.107 243.653 354.611 1,148.238 965,676 390,900 83.617 — 121.798 35.471 — 26.319 33.000 90.000 87.000 29.955 236 19 2 236 5.514 —59.555 — 6.402 — 209,034 — 11.708 — 69.169 — 38.955 — 221.707 591 591 591 591 D u l u t h W in n ip e g & P a c i f i c ----- M on th o f M a rch ----- — J a n . 1 to M a r . 31— 1922. 1923. 1923. 1922. $ * S ? 139.395 636.053 254.193 405.373 24.102 21.018 72,834 58,445 281.035 727.392 165.902 482.329 30.3X9 92.144 24.825 70,145 40.3X8 126.706 118.592 50.823 4.682 10.155 3.366 15,978 81,501 310,911 242,342 108.065 156.579 555,670 197,355 463,368 86.680 171.722' 18,961 9.323 8,191 50,003 69,933 24,018 9 16 101 ,789 — 5,073 36.677 1,123 86 111,960 — 10.334 48,945 178 178 178 178 E a s t S t. L o u is C o n n e c tin g ----- M o n th 1923. $ o f M a rc h ----- 211,346 11.755 7.882 284 66.064 88,243 123.103 10,570 112.533 92,072 1 1922. $ 263.333 12.406 12.224 293 61.230 88,837 174.496 5.055 169,441 161,148 1 — J a n . 1 to M a r . 31— 1922. 1923. S $ 619.759 40.826 25.908 845 201,265 276,193 343.566 31.728 311,838 255.801 1 E lg in J o l i e t & E a s t e r n ----- M o n th o f M a rc h ----1923. 1922. * $ 2,226,548 1,917,286 9 8 2,465.863 2,092.419 153.624 127.515 697.812 345.269 11.626 10.526 774,762 550,997 1,673,439 1,068,004 792,424 1,024.415 74.858 82.573 99 717,467 941,842 513.337 812,376 459 459 526.448 37,498 24,166 928 178,281 249,866 276.582 15,163 261,419 236.210 1 — J a n . 1 to M a r . 31— 1923. 1922. * * 6,082,768 4,792,656 31 11 6,762.009 5,204.425 412.362 353.228 1,832.006 975.939 35.834 36.888 2,201,187 1,506,710 4,589,086 2,972.265 2.172.923 2,232.160 224.462 247,719 290 1,948,171 1.984,441 1,462,511 1,672,551 459 459 May, 1923.] E l P aso & S o u th w e ste rn ----- M on th oj M a rc h ----1922. 1923. E A R N IN G S . $ S 822.478 F reight re v e n u e _____ 646.003 163.327 148.774 Passenger revenue _ 883.995 T o t., Incl. other rev. 1,043.830 181 148 Expenses— M aint. way 186.973 145.911 228.264 M ain t. of equlpm 't27.379 30.043 T raffic expenses__ 305.680 __ 247.036 T ransportation exp. 708,216 655,35 i T ot.exp.,incl.oth. 228,639 245.614 N et from railroad-----99.950 95.988 Taxes . . _______ . . Cr.6 311 U ncollectible revenue. 132.657 N et after taxes, Ac 145.353 113.372 97.9,84 N et after re n ts__ .. 1,139 1,139 A ver, miles o fr'd oper. G a lv e s to n W h a r f — J a n . 1 to M a r . 31— ----- M on th o f M a rc h -------- - J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1923. 1922 $ $ $ 8 8 $ 2.310.680 1,753,509 546,686 486,618 371.828 3,019,567' 2,426.099 165.890 344.380 111.783 570.121 458.019 184,009 99.685 34.013 70.345 635.028 398.852 13,713 8.651 3.428 4,933 90 162 83.539 2.437 460 912 1.926 846,007 650.926 94,485 37.540 35.336 95.831 2,293,492 1,736,688 362,365 243/588 64,413 135.884 689.411 726,075 27,370 30.006 100 782 9.463 249.789 287.964 51,000 17.000 51.000 17,000 404 2.036 1,465 4 68 58 474,821 401,043 10,312 13,002 49,724 — 43,573 353,3221 456.441 12,691 50,617 — 43,483 10,833 1,139 1,139 13 13 13 .13 E r i e S y s te m G e o r g ia ----- M on th o f M a rc h ----- - —J a n . 1 to M a r . 31— E rie ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923 1922. 1922. 1923. E A R N IN G S . 1922. ! 1921. 1922. 1923. S S S S 756,216 F reight r e v e n u e .____ 9.284.180 7,450,846 25,081,187 19.346.1501 399.387 290.838 1,068.530 100.338 91,422 264,254 993.494 3,033 314 2.964.919 290,948 Passenger revenue___ 1.052.283 11.057.1 19 9.055.128 30.025,753 23.890.4561 532.995 416.512 1,445.02.3 1,096,929 861,759 49.946 46.405 150.962 113,182 712.245 2.513.799 2.071 .791 93.912 77,622 277.553 215.881 Msdnt. of equipm ’t . 3.047.672 2.218.931 8.887.378 6,404.262 424.406, 417.829 20.040 59,581 141.758 153.944 19.484 62.089 571.506 190.598 652.286 Transportation exp. 4.683.159 3.655,630 13.639,026 10.435.72 j 214.015 352,906 1,199,720 1.017.601 T o t.exp., Incl.o th . 9,067,545 7,137.604 26.419.398 20,341.537) 396,856 136.139 63.606 79.328 245.303 N et from railro ad ____ R 989.574 1,917.524 3.606.355 3.518.919 753.563, 946.115 292.876 6.260 7,020 21.060 340.678 18.780 T ax e s. ____________ 10,467 i 14.462 2.788 307 69 97 4,265 616 U ncollectible revenue. 129.572 56,517 225,907 58,171 N et after taxes, A c. 1,644.631 1,621,860 2.645,748 2,784.889 72,006 129.528 56,689 209,547 N et after re n ts______ 1.611.740 1,666.186 2,688.344 3.146,357 2.039 2.039 2,039 2,039 328 328 328 328 A ver. miles of r ’d o per. C h icag o & E rie G e o r g ia & F l o r i d a ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31 — ----- M onth o f M a rc h ----- —J a n . 1 to M a r . 31— 1922. I 1923. 1923. 1922. 1923. 1922. 1922. 1923. E A R N IN G S . * $ S $ $ 8 $ $ 875.342 2.809.809 2.380.163 260.907 129.887 107.526 368.547 F reight revenue______ 1.041.917 139,716 145,938 47.795 19.058 10.668 55.029 35.121 53.503 Passenger revenue___ 984.347 3.156.830 2,677.263 158.325 125.902 446.852 319.054 T o t., Incl. other rev. 1,189.164 272.008 78.777 282.340 101.289 20.324 18.288 54.661 52.907 418.010 590.840 20.349 212.983 169.673 57.742 59.118 18.453 M aint. of equipm ’t . 60.746 60.328 22.615 8.838 8.027 22.654 24.935 24.286 Traffic expenses___ 488.452 434.985 1,468,419 1.294.020 64,456 46.172 182.397 132.655 T ransportation exp . 743,030 2.515,554 2.153,838 121,211 97,525 864,731 341,160 288,949 T ot.exp. .in cl.oth . 641 .276 523.425 241.3 i f 28.377 30.105 324.433 37.114 105.692 N et from railro ad ____ 156.218 55.000 151.882 52.570 6.407 6.200 19.051 18.645 71 262 84 67 52 100 89 185 U ncollectible rev en ue. 367.136 186.250 489,132 271,779 30,655 22,077 86.552 11,275 N et after taxes, A c. 17.058 — 1.858 — 82.114 — 446/035 — 456.093 11,142 57,097 — 11,816 N et after re n ts______ 269 269 269 269 405 405 405 405 A ver, miles o f r ’d oper. N ew J e rs e y & N ew Y ork G r a n d T r u n k S y s te m — J a n . 1 to M a r. 31— ----- M on th o f M a rc h ----A tla n tic & S t. L aw ren c e R R . 1922. ----- M o n th o f M a rc h ----- —J a n . 1 to M a r . 31— 1923. 1922. 1923. E A R N IN G S . S S 1921. 8 1922. 1923. 1922. S 65.936 87.185 27.378 34.235 288.107 252.598 822.623 758.462 Freight revenue______ 275.040 273.919 93.077 94.819 34.999 33.507 98.949 101.211 Passenger revenue___ 135.260 125.896 377.590 354.403 342.951 903,916 303.666 969.627 T o t., Incl. other rev. 40.423 14.605 38.054 15.254 37.915 21.982 Expenses— M aint. way 143.890 75.003 55.486 18.880 20.682 71.353 32.141 74.039 203.149 126,675 M aint. of equipm ’t . 3.986 4.094 1.472 1.292 3.453 3.024 10.943 9.682 Traffic expenses__ 204.257 223.297 68.429 247.891 75,455 463.410 T ransportation exp. 154.613 753,933 108.498 348,327 315.185 116.964 226.399 1,137,785 372,064 T ot.exp. .incl.oth. 717,265 18.206 30.218 — 29.113 17.398 29.263 77.267 — 168.158 186,651 N et from railro ad ____ 9.000 3.330 3.000 10.040 15.150 16,900 50,700 45.450 T axes________________ 10 49 48 53 44 U ncollectible revenue. 19,174 30.208 — 44,263 14.398 14.918 60.367 —213.661 135.907 N et after taxes. A c. N et after r e n t s _____ — 12.074 — 10.878 — 62.918 — 40.103 — 156.539 — 16,467 —549 732 — 133.955 A ver, miles o f r ’d oper. 45 45 45 45 166 166 166 166 E v a n s v . I n d i a n a p . & T e r r e H a u t e C h icag o D e tro it Ss C a n a d a G r. T ru n k J J c t, ----- M onth o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- —J a n . 1 to M a r. 31— E A R N IN G S . 1923. 1923. 1922. 1922. 1921. 1922. 1923. 1922. % * S .? $ * S S F reight revenue--------121.560 107.371 393.189 277.947 252.199 215.171 544,268 646.323 Passenger revenue___ 12.617 22,483 7,897 35.253 10,080 5,867 28,128 27.752 T o t., incl. other rev. 136.919 129.916 435.777 338.538 297.355 233.765 775.747 616.070 Expenses— M ain t.way 96.172 96.215 37.789 28.935 9.480 8.655 28,482 32,577 M aint. of equipm ’t27.701 30.000 8,860 10.386 32.389 42.892 22.024 66.631 Traffic expenses__ 5.720 5,512 2.368 1 .834 3,258 3.575 10,456 10,988 T ransportation exp _ 172.162 60.007 58.582 187,446 97.839 82.259 269,151 209.048 T ot.exp.,incl.oth. 103.521 327,357 312.132 111.725 145,589 121,462 385,410 307,328 N et from railro ad -----108.420 26,406 25.194 26.395 151,766 112.303 390.337 306.742 T ax es__________ ____ 4.249 12.699 12.747 4.233 7,608 47.232 22,824 21,694 U ncollectible revenue. ______ 114 14 12 39 16 N et after taxes, A c. 20,961 22.146 95,721 1.3,545 144,144 105.059 367,474 287,032 N et after re n ts--------- — 16,593 — 14,721 — 17,258 — 90,426 119,921 81,633 292,389 213,180 A ver, miles of r ’d oper. 140 140 140 140 59 59 59 59 D e tro it G ra n d H av en & M ilw au k ee F lo rid a E a s t C o ast ----- M onth o f M arch ------------ — Jan . 1 to M a r. 31 — ----- M on th o f M arch ------------ — Jan . 1 to M a r . 31— E A R N IN G S . 1922. 1922. 1923. 1923. 1922. 1923. 1923. 1922. S S * $ S $ $ $ F reight revenue______ 1,072.343 971,926 2,664.716 2.312,057 491.971 353.247 1,186.362 878,918 Passenger revenue___ 684.508 577.335 1.965.398 1,636.783 43.465 42.049 122,714 112.733 T o t., Incl. other rev. 580.737 415,640 1.443.399 1,060.923 Expenses— M aint. way 2.013.106 1.749.473 5,235.496 4.402.158 545.144 175.365 212,891 547,723 43.700 34.253 123.376 96.984 M aint. of equipm ’t . 218.056 208.080 598.839 600.067 118.426 67.389 240.045 134.445 Traffic expenses___ 13.866 54.166 17.766 56,823 8.153 8.509 26.566 26.162 T ransportation exp. 514.906 464.254 1,429.663 1,270,776 265.544 221,709 790.849 616,869 T o t.ex p .,in cl.o th . 972,228 949,542 2.778.541 2.605,882 450,034 350,674 1,226.064 927.649 N et from railro ad ------ 1,040.878 799.931 2,456.955 1.796.276 130.703 64.966 217,335 133.274 T axes________________ 89,710 74.549 223.623 185,542 4.985 7.070 14.956 21,211 Uncollectible revenue. 260 298 1.966 3,150 388 0 .1 4 4 1,018 128 N et after taxes, A c. 966.069 709,923 2,231,366 1,607,584 125.330 58.040 201,361 111,935 N et after re n ts--------658,155 2,028.076 1,462,774 890,142 28.020 — 5.667 — 21,275 — 79,521 A ver, miles of r ’d oper. 764 764 764 764 189 189 189 189 F o r t S m ith & W e s t e r n E A R N IN G S . F reight revenue--------Passenger revenue___ T o t., incl. other rev. Expenses— M aint. way M aint. of equipm t . Traffic ex p e n se s... T ransportation exp . T ot.exp.,incl.oth. N et from railroad -----T ax es___________ __ . U ncollectible revenue. N et after taxes, &c_ N et after r e n t s _____ A ver, miles o f r ’d oper. 7 RAILWAY EARNINGS ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1923. 1922. $ S $ 1 108,066 97.533 304.630 261,335 67.542 21.903 20.776 57,057 127,636 400,985 344.480 140.124 25.642 63.831 21.683 73.492 27.763 28.943 86.365 77,447 4.552 4.807 14.439 14,584 48,081 144,781 47.814 137,904 115,146 109,978 333,574 326,865 30,146 12,490 67,411 17,615 5,800 5,800 17,400 17,400 29 25 189 117 6,665 49,822 24.317 98 20,027 — 1,537 33,002 — 23,618 249 249 249 249 G ra n d T ru n k W e s te rn ----- M on th o f M a rc h ----1923. 1922. * $ 1,478.654 1.014,087 177.241 138,725 1,735.672 1,213,095 80.992 83,713 300,245 333,361 27,688 26,355 710,369 526,135 1,176,735 1,030,029 558,937 183,066 59,702 62,929 189 279 499,046 119,858 291,323 — 60,252 347 347 G reat No rth e m ----- M on th o f M a rc h ----1923. 1922. $ $ 7,125,406 5.60.3,878 1,209,390 1,146.504 9,179.935 7,557,461 1.024,707 923,743 2,146,304 1,704.903 143.768 139,719 4,278.934 3.185.368 7,844,757 6,217,226 1,3.35,178 1,340.235 687.335 607.694 618 1,761 646,082 731,923 847.230 882,554 8,255 8.265 — J a n . 1 to M a r . 31— 1922. 1923. * 8 19.096.314 14,051,012 3,413,957 3,145,062’ 24,835.930 19,157,306 2.613.186 2,323,808 5.978,835 4,355,018 378,297 409,299 12,447,115 9,221,024 22,179,898 17,130,973 2.656.032 2,026,333 2,046.879 1,675,662 4,144 7,310 601.8-13 346,527 600,483 1,162.294 8,265 8.255 G re e n B a y & W e s te rn ----- M onth o f M a r c h ------ — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. $ $ $ S 267,561 114,966 236,126 87,593 50,351 58,916 22,032 20,426 351,312 118.786 147.814 313.988 46.761 53,033 18,129 19.984 53,340 22.482 21,248 65.771 6,391 7.597 2,388 3,014 135.100 142,348 50,635 49.234 271,179 256,174 96,957 95,483 95,138 42.809 21.829 52.331 24,000 8,000 24.000 8,000 71,138 13,829 18,809 44,331 55,797) 36,810 34,845' 17,243 262 262 234 234 G u lf & S h ip I s l a n d ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922 1923. S s 8 $ 613.251 528,264 190.789 225.223 107.383 106,313 36,034 33,706 674.680 764.647 239.736 277.429 118.910 132.295 41.691 46.632 112.509 38,690 108.667 33.727 23.697 22,309 8.376 7,313 210,260 87,148 69.375 238,623 512,234 188,347 169,622 532,444 162.446 89.082 70,114 232.203 73.390 53,604 25.929 11,835 858 118 44 377 62.776 157,955 108,724 58.233 91,701 140.749 56,723 52.273 30T 307 307 307 G u lf M o b ile & N o r t h e r n ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. 8 8 $ 8 426.266 324,355 1.228,120 875,374 37.108 34.298 107.305 103,607 481.341 373.336 1,386.483 1,017,301 67.453 50.987 189.658 158.409 233.105 89 377 61.387 169.905 13.571 40,462 17.288 50.945 124.892 172.359 497,713 357,108 265,939 1,622,531 367.596 774,595 113.74i> 107,397 363.952- 242,706 50,528 25.748 17.249 71.944 90 1 313 10 90,147 291.695 192,168 87,907 79,750 76.900 239.204 161,596 436 433 436 433 H o c k i n g V a lle y ----- M o n th o f M a r c h ----1923. 1922. $ 3 1.087.381 1,092.018 83.566 96,213 1,257.589 1,229.335 117.548 97,335 491.205 246.083 10.240 15.154 389,160 424,808 1,078,593 773,843 178.996 455,492 90.602 81,674 246 6 97,076 364,884 175,921 429,317 348 348 — J a n . 1 to M a r . 31— 1922. 1923. $ 8 3,232.267 2,844,739 269.693 247,114 3,689.422 3,226,572’ 352.209 293,417 1,415.237 641,905 38.939 35,126 1,307.032 1,108,028 3,211,852 2,170,393 477.570 1,056,179 245,022 271,807 279 140 232,269 784,232 408,882 836,29? 348 349 In te rn a tio n a l & G re a t N o rth e rn ----- M o n th o f M a rc h ----1923. 1922. 8 $ 784.913 887.249 184.001 178,197 1,188.730 1,097,532 152.006 204.434 243,956 219.851 25.940 28.581 484,495 480,139 1,0187303 929,985 167,547 169.827 32.500 32,517 16 1,029 134,018 137,294 61,700 107,48? 1,159 1,159 — J a n . 1 to M a r . 31— 1923. 1922. S 8 2.578.504 2,244,058 543,271 550,435 3,442.007 3,135.552 594.140 466,164 658,336 570,207 85.501 77,567 1,426,411 1,486,466 2,930,038 2,763,167 511.969 372.385 97,517 97,363 19 5,540 414,433 269,473 297,663 87,852 1,159 1,150 I n t e r n a t i o n a l R y . C o . o f M a in e — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922, 1922. 1923. $ 8 $ 8 $ $ 257,792 263.666 797,972 708,4003,666,386 2,697,639 41,401 38,434 113.098 104,888 509,615 419,076 321,700 962.854 316,132 866,6221 4,427,014 3,306,517 27,449 24,131 74.373 68,678 252,700 251,027 68,472 59,066 180,190 176,600> 916,298 814,962 4.352 13,572 3,513 12,855 87.561 83,609 138,320 459.833 146.966 1,931,857 1,637,670 434,997 739.730 250,148 230,210 704,232 3,355,001 2,964,092 91,490 223.124 65,984 162,390 1,072,013' 342,425 16,000 45,000 15,000 179.106 188,788 4 8 ,0 0 0 578 653 178,124 75,490 124,390 50,984 892,329 152,984 62,280 144,191 41,501 77,024 213,429 '— 407,133 23G 233 238 233 347 347 8 E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M ain t .way M ain t. of equipm ’t . T raffic expenses__ T ransportation exp. T ot.ex p .,in cl.oth . N et from railroad ____ T ax es____ __ _______ U ncollectible revenue. N et after taxes, &c_ N et after ren ts______ A ver. miles of r ’d oper. E A R N IN G S . Freight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M ain t.way M ain t. of equipm ’t . T raffic expenses__ T ransportation exp. To t .exp., incl.o th . N et from railro ad . T ax es___________ ____ U ncollectible revenue. N et after taxes, &c_ N e t after ren te _____ A v e r. miles of r'd oper. E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M aint. w ay M ain t. of e q u ip m 't. T raffic expenses__ T ransportation exp. T o t.exp., incl. o th . N et from railro ad -----T ax es_____ — — U ncollectible revenue. N et after taxes. & c. N et after re n ts. . . . A ver, miles of r ’d oper. I l l i n o i s C e n t r a l S y s te m K a n s a s O k la h o m a & G u lf In c . Y a7oo & M ississip p i V alley F o rm erly M isso uri h a & G u lf ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- O kJlan .o m to M a r . 31— — a 1 192 (. 1922. 1923. 1922. 1923. 1922. 1922. 1923. 13,106.359 10,816,875 37.640.807 30,492,995 225,412 231.127 680.496 590,067 2,499,750 2,125,545 7,481,588 6.429,815 12,075 12.010 35.705 33,523 16.677,485 13,921,149 48,021,593 39,347,119 245.803 249.549 736,672 647.385 2,239,861 1.828,908 6,147.222 5.060.843 42,082 120.620 40,645 112.943 3.790,987 3,009.335 10,772,981 8.264.865 41.976 19.700 122,492 69.077 220.412 209.1 16 674,874 649.761 6.762 5.078 15.028 20,204 6,525,557 5,100,721 18.595,415 14,857,721 95.271 84,202 284,948 241.741 13.152,968 10.539,760 37,302,971 29,972,498 197,266 159,616 573.618 476,326 3,524,51? 3,381,38(5 10.718.622 "9.374,621 48.537 171,059 89,933 163.054 982.923 1,189.585 2,951.676 3,377.490 9,941 9,186 29,675 27.559 1.331 2,606 4,547 585 7 15 24 75 2,540,263 2,191.219 7,764,340 5,992,584 38,589 80,732 143,476 133,304 2,387,873 2,320,61? 7,573,46? 6 ,i5 5 ,l 16 24,329 74,445 71,564 117,852 6,219 6,219 6,166 6,166 314 314 314 314 Illin o is C e n tra l L a k e S u p e rio r & Is h p e m in g ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. 1923. 1922. 1923. 1922. $ $ $ $ $ $ $ $ 11,786.863 9,585,794 33.784,525 27,318,176 9,703 3,012 27,359 5,581 2,179,971 1,827.448 6.473,317 5.498,490 101 104 330 313 14.945.775 12.277.315 42,912,254 34,992.416 10.719 3.402 6,389 29.944 1.861.420 1,520,859 5,090,401 4.131.638 16.540 63,470 14,803 54,907 3.405,819 2,702.527 9.689.868 7.408,534 19.253 10.038 41,965 25,812 195,109 185.375 266 902 609 604,555 573.233 195 13.601 5.821,231 4,453,200 16,552,519 12,956,878 8.387 26,391 38.025 11,615,733 9,201,444 32,946,954 26,074,287 52,549 36,135 124,459 145,063 3,330,042 3,075.871 9,965,300 8,918.129 — 41,830 — 32.733 — 115.119 — 118.070 872.132 1,071,141 2,619,302 3.022.160 5,741 16.458 13,753 24,725 1.029 524 1,983 4,303 2,456,881 2,004,206 7.344,015 5,891,666 — 55,583 — 38,474 — 139,844 — 134,528 2,316,423 2,140756? 7,184.691 6,076.675 — 54,945 — 39,871 — 134,152 — 133,768 4,839 4.784 4,839 4,784 33 33 33 33 Y azoo & M ississip p i V alley L a k e T e r m in a l ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1923. 1922. 1923. 1922. 1923. 1923. S S $ S $ S S $ 1.319,496 1,231,081 3.856,282 3.174.819 ______ ______ ______ ______ 319,779 298.097 1,008.271 931,425 1,731,710 1,643.834 5.109.339 4.354.703 89,804 103.334 247,622 272,704 929,205 378,441 12.796 11,908 308,049 1.056.821 30.233 20,499 385.168 306,808 1,083,1 13 856.331 12,935 11.213 40,392 25,341 70.319 76.528 25,303 23,741 704.326 647,521 2.042,896 1,900,843 60,644 43,722 161.779 118,179 88,110 1,537,235 1,338,316 4,356,017 3.898,211 71,424 237,480 168,679 456,492 31,910 194,473 305.518 753,322 1.694 10,142 104.025 355,330 110,791 6,251 118,444 332,374 6,336 19,952 19,009 302 244 61 623 100,918 83.382 420,325 — 4,557 85,016 187,013 25,574 — 9,810 78,446 180,05(5 388,776 — 3.425 32,977 — 11,029 110,865 71,45(3 1,380 1,381 1,380 1,381 13 13 13 13 K a n s a s C i t y M e x ic o & O r i e n t R R . E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M ain t.way M ain t. of eq u ip m 't. T raffic expenses___ T ransportation exp. T ot.exp.,incl.oth. N et from railroad-----Taxes ______________ U ncollectible revenue. N et after taxes, &c_ N et after ren ts. . . . A v e r. m iles of r ’d oper. E A R N IN G S . Passenger revenue___ T o t., incl. other rev. T ransportation exp. T ot.exp. .incl.oth. U ncollectible revenue. N et after taxes, & c. A ver, miles of r'd oper. ----- M on th o f M a r c h ----1923. 1922. S S 122,760 93,343 10,042 7,425 110,480 141,490 21,440 43.274 31,443 28.893 4,940 4,668 70.752 62,738 127,626 152.587 — 11,097 — 17,146 8,320 7.226 15 4 — 18.327 — 23,481 — 12,101 — 245835 272 272 K a n . C i t y M ex. & ----- M on th o f M a rc h ----1923. 1922. S $ 122.467 126,273 9,713 10,343 145,981 139.278 16.759 22.763 39.648 43,403 4,774 5.745 85,879 76,411 144.090 162,960 — 4.812 — 16.979 6,000 6,000 134 626 — 11,438 — 23,113 — 20,890 — 34,511 465 465 Passenger revenue___ T ransportation exp. T o t.exp.. Incl.o th . U ncollectible revenue. N et after taxes. A c. A ver, miles of r ’d oper. E A R N IN G * . Passenger revenue___ T ransportation exp. T ot.exp. .incl. o th . N et from railroad____ U ncollectible revenue. N et after taxes, & c. A ver, miles of r 'd oper. K a n s a s C ity S o u th e rn ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1923. 1923. 1,364.868 1,218.175 4,055.621 3,428,227 161,467 155.859 463,693 456,464 1.642.123 1,594.550 4,904.694 4,310,475 587,273 507,664 208.483 200.550 833,051 300.639 1,007,793 353.903 107.352 33.339 115.353 39,063 593,546 1,756,505 1,600,506 600,797 1,281,794 1,192,051 3,673.961 3,247,304 360,329 402,499 1,230,733 1,063.171 88,047 100,218 261,004 300,655 667 1,682 565 218 969,062 760,834 272,064 301.716 848,861 767,196 259,935 303,218 767 767 767 767 T e x a rk a n a & F o r t S m ith ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1923. 1923. S S S S 105,456 540,276 398,165 188,691 40,222 40,969 14,409 13,912 134,309 634,085 478,141 221,491 45,687 20,661 17,227 53,048 72.829 71,064 13.304 19.153 15.806 15.328 5,388 4.303 61,500 53.715 172,279 155,704 103.310 336.404 314,447 108,878 30,999 297.681 163,694 112,613 34,115 11,371 10,523 31,570 458 42 42 139 263,108 101,200 20,434 131,985 187,152 . 85,087 69,795 3,708 81 81 81 81 L e h ig h & H u d s o n R iv e r — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 1922. 1923. $ 8 S * S $ 301.920 279.188 225,394 259.687 625.486 662.323 28,043 3,468 3,517 11,770 20,794 10,743 331.239 351.062 241.227 272.785 669,943 701,687 72.869 98,525 20.348 55.498 22.623 72.977 85.337 39.501 44.960 89,515 113.486 141.599! 12.348 1.467 4.505 1.394 4.480 15,093 186.646 197,269 103.163 97,115 293,996 260.793 377,147 416,112 172,794 172,972 491,993 500,074 — 65,050 — 45,908 9 9,8 l3 68,433 177T95C) 201,613 24,960 21.679 10,000 10,178 32.000 30,534 20 18 — 86,749 — 70,886 58,433 145,950 89,635 171,079 — 68,856 — 65,179 140,710' 107,025 50,143 70,681 272 272 96 96 96 96 O r. R y . o f T e x a s L e h i g h & N ew E n g l a n d — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 1923. 1922. 8 $ $ $ $ S 518.950 327.127 313.878 463,922 1,287,067 1,189.892 29.959 26,239 2,225 2,197 6,632 6,465 372.312 365,699 529,928 472,139 1,316.435 1,213.974 60.836 77.553 40,189 45.175 109,627 107.911 119,767 99,843 185.992 94.210 460.421 519.107 16,090 13,273 6.371 24.622 15,133 28,229 221,846 238,641 155,076 151,909 451.730 418.357 415,726 467,901 405,879 326,834 1,097.170 1,124,758 102,202 124,049 — 43.414 145.305 219.265 89,216 17,987 18,000 21,098 12,030 42,086 42,936 865 173 102.951 46,280 — 62,279 — 120,362 133,275 177,179 — 106,602 — 158,888 125,992 232,205 152,343 98,764 465 465 219 237 219 237 K a n s a s C i t y S o u t h e r n S y s te m E A R N IN G S . [V ol. 116. KAILWAY EARNINGS L e h i g h V a lle y L o u isia n a & A rk a n sa s ----- M on th o f M a rc h ----- — J a n . i to M a r . 31— 1923. 1922. 1922. 1923. $ 8 S 8 306.394 241.892 895.257 623,663 32,827 95,468 96,540 33.606 283.391 1,012.905 739.331 347,613 159,197 60,977 140.641 49,883 125,980 144,242 49.145 44.623 22,110 8.335 7.656 23.873 256,358 301,113 105.455 92.643 217,202 605,602 218.938 617,878 133,729 130.411 395,027 64,453 29,488 19.299 85.455 57.804 282 5 55 100.918 75,643 45,154 309,517 69,902 96.237 39,841 291,917 302 302 302 302 L o u i s i a n a R a ilw a y & N a v . C o . ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1921. 1922. 1923. * * S # 671.120 295.699 270,661 841.563 29.881 90,727 30,248 89,785 341,809 318.761 985.458 807.905 75.386 53.895 197.277 160.258 59,14 7 36.830 107.249 176,5?4 33.181 11,45? 10.694 28.123 135,559 113.943 383,369 339,608 292,721 227,389 824,148 669,794 161,310 138.111 49.088 91.372 17,000 16,000 51,000 48,000 770 1,782 1,351 824 74,602 30,737 108,528 89,287 23,422 6,531 45,000 42.447 343 343 343 343 L o u is v ille & ----- M o n th o f M a rc h ----1923. 1922. S S 9,025.942 8.387.596 1,864,404 1,633.085 11,608,410 1 0.6 34 ,1 9 1.382.315 1,525.638 3.002.831 2.765.1 11 239,989 203.498 4.299,222 4.111,742 9,222,857 8,874,389 2,385.553 1,759.930 435.070 303,173 1,312 351 1,949.171 1,456,406 2.073.023 1,502,512 5.038 5,038 N a s h v ille — J a n . 1 to M a r . 31— 1922. 1923. 8 S 24,821.256 21,898,781 5,756,676 5,007,994 32,423.027 28,312,387 4.003.042 4,351.510 8,321,868 7,360,426 721.098 ‘ 657.197 12,580,243 11,524.615 26,449,166 24,671,087 5.973.861 3,641,300 1,335,074 909,509 2,977 1,760 4,635,810 2,730,031 4,939,742 2,838,476 5,038 5,038 L o u is v ille H e n d e r s o n & S t. L o u is ----- M on th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. S $ 8 $ 215.471 183,803 618,768 471,507 52,577 58.903 1?0,445 157,683 294.365 251,488 833.948 664,646 59.395 44.365 155.948 131,327 37.328 36,956 109.369 122.543 6.378 6.604 18.741 18.486 94,835 85,540 282,958 240,722 206,890 182,650 592,894 538,457 87.475 68,838 241,054 126,189 15,719 8,750 47,156 26,250 2 2 29 71,754 60,088 193.896 99,910 43,380 53,924 150,059 66,802 199 199 199 199 M a in e C e n t r a l ----- M o n th o f M a rc h ----1923. 1922. 8 $ 1,304.813 1.368,810 375,970 355,112 1,819,443 1,854.309 273.091 228.105 329.367 410,711 14,999 13.147 941.376 802.302 1,611.338 1,504,709 208.10g 349.60(1 98,433 99,052 133 364 109,539 250,184 59,701 225,398 1,201 1,194 — J a n . 1 to 1923. $ 3,333,991 1,033,607 4,742.841 871.207 941.634 38,566 2,733,938 4.730.363 12.478 295.299 700 — 283,521 — 358.327 1.201 31— 1922. $ 3,640,925 957,147 4,927,755 711,641 1,078,478 35,964 2,288,551 4,250,286 677.469 297,155 407 379,907 329.009 1,194 M ar. M id la n d V a lle y ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1923. 1922. 1923. 1922. $ 8 $ * S * $ S „„„ 314,026 298,874 895,450 801,677 5,152.451 5.896.811 13,132.125 14.805,642 63,644 66,301 181,693 185,858 564,722 455.607 1,605,645 1,422.368 392.577 379,410 1,124.791 1,022,891 6.196,228 6,738.221 16.027,545 17.273,348 49.042 47,597 133.530 563,739 131.575 570.215 1,448,869 1,561,161 58.979 45,127 167,441 140,291 2,287,442 1,829,139 6.672,802 4.014,555 4,902 4,496 15.289 13,625 98,143 105.429 291.198 311,380 123,722 119,017 365,991 340,734 2,733.014 2,579.168 8.082,377 7,371,951 253,427 231.058 729,038 665,202 5,828,985 5,249,333 16,924,261 14,312,627 139,150 148.352 395,753 357.689 367.243 1,488.888 — 896,716 2,960,721 15,176 11,740 45,529 209,491 226,850 35,220 628,474 692.850 302 443 586 350 560 138 459 Cr 18,252 123.672 136.169 349,638 157,402 1,261,900— 1.525,649 2,286.123 321,909 115,806 136.235 318.711 144,309 1,228,539— 1,738,144 ' 2,162,488 308,212 365 365 365 1,335 1,334 365 1,335 1,334 L o s A n g e le s & S a l t L a k e ----- M on th o f M a rc h ----1923. 1922. S S 1.324,015 1,062,808 470,275 372,696 1,939,672 1,573,588 307,049 311,808 457.201 380,034 45,861 46.476 621,112 536,034 1,522,720 1,353,639 416,952 219,949 113.016 110,616 415 58 303,521 109,275 275,614 65,271 1,169 1,145 — J a n . 1 to M a r . 31— 1923. 1922. $ * 3,495,838 2,953,677 1,299.980 1,069,192 5,213,624 4,414,306 836.777 823,940 1,333,292 1,054,829 137,055 130,559 1,869,489 1,612,412 4,438,269 3,863,884 775,355 550,422 338.810 328,560 1,667 77 434,878 221,785 341,874 84,083 1,164 1.145 M in n e a p o lis ----- M on th o f M a rc h ----1923. 1922. $ 1,249.129 1,230,305 176,069 174,864 1,491.408 1,469,157 182,058 176.833 365.448 300,245 23.891 23.177 674.224 676,839 1,290,516 1,216,272 200.892 252,885 65.471 59,753 145 844 135,276 192,288 91,373 115.683 1,649 1.649 & S t. L o u is — J a n . 1 to M a r . 31— 1922. 1923. $ 3,598,484 3,397.691 472,139 484.317 4,260,937 4,056,041 501,352 504,624 928,013 769,791 72.692 71,437 1,954.792 1,884,160 3,590,475 3,349,742 670.462 706.299 199,600 184,480 393 929 470,469 520,890 369.768 333.735 1,649 1,649 May, 1923.] M in n . S t . P a u l & S a u l t S te M a rie ----- M o n th o f M a rc h ----- — J a n . 1 to M a r. 31— 1922. 1923. 1922. 1923. $ $ $ $ 2,931.118 2.409,393 8,677.867 6,055.746 593.330 532,431 1.754,132 1,522.314 3,814.695 3.237,696 11,207.632 8,326.944 480.414 366.963 1,367.662 1,144,733 841,618 585,478 2.119.658 1,919.866 167,479 160,420 55.531 58.248 1,922,698 1,608,146 5,617,523 4,530,664 3,419,141 2,719,797 9,619,127 8,083,630 517.899 1,588.505 243,314 395.554 264,698 254 ,767 770,085 741 ,254 3,008 7,582 4,754 1,375 126,102 261,757 810,838 — 500,948 242.857 880,134' — 553,107 118,736 4,383 4,383 4.380 4,380 M o b ile & O h io S y s te m M is sis sin n i C e n t r a l E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M ain t. way M ain t. of e q u lp m 't. T raffic expenses. . T ran spo rtatio n exp. T o t .exp., Incl .o th . N et from railro ad ____ T ax es________________ U ncollectible revenue. N et after taxes, A c. N et after ren ts______ A ver, miles of r'd oper. ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1923. 1923. $ S $ S 115,192 410,255 302,922 138.158 47,544 42,973 15,012 14,958 158.752 134,584 469,293 363,438 48,038 56,874 16.213 20.377 95,167 66.045 26,093 29.124 16,631 16.931 5.208 5.331 53.237 42,545 156,456 126,028 100.159 316,574 307 176 111,958 56,262 152,719 46.794 34,425 18,769 17.079 6,255 5,001 23 8 6 135,632 37.470 28,164 41,793 33,537 134,290 25,889 43,494 262 257 258 257 M obile & O hio ----- M o n th o f M a rc h ----- — J a n . i to M a r . 31— 1923. 1922. 1922. 1923. 1,624,711 1,257.055 4,645,418 3,481.632 397.871 150,757 133.636 461,103 1,874.310 1,465,125 5,379,860 4,083.080 219.066 195.817 512.191 603.543 420.040 281.529 1.271.931 827.568 122,349 45.400 40.205 137,961 671.019 572,325 1,924,165 1,646,495 1,402,733 1,141.568 4,076,643 3,261,720 471,577 821,360 3 2 3 .6 6 1 1,303.217 183,596 54,000 271,912 102.304 170 377 864 415 637,349 368,896 269,387 1,030,441 505,850 915.912 339.456 227,320 1,165 1.165 1.165 1,165 C o lu m b u s & G re e n v ille Form erly Southern R y. In M ississippi ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 234,055 93.625 87,495 266.861 84,373 29,454 88,624 26,235 130,204 120,181 376,293 337,033 28,491 78,541 32,836 99.160 17.878 13,967 39,207 47.230 10.042 3,567 4,587 11,328 45,992 145,731 49.530 134,970 112,756 105.940 320,578 301,017 17.448 14,241 55.715 36,016 2,500 5.460 C r.l 1,509 11,110 282 72 116 26 14,922 8,709 67,108 24,624 27,282 — 15,629 3,834 1,360 167 226 167 226 M is s o u r i & N o r t h A r k a n s a s M o n to u r E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., Incl. other rev. Expenses— M a in t.way M aint. of eq u ip m 't. Traffic expenses___ T ransportation exp. T ot.exp.,Incl.oth. N et from railro ad ____ T ax es____ ______ __ U ncollectible revenue. N et after taxes, & c. N et after re n ts______ A ver, m iles of r ’d oper. ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1922. 1923. 1923. 1923. 1922. 1923. S S $ S $ $ S S 272,884 180,563 121.422 436.143 285,359 104,553 1,572 2,319 56.747 625 745 20,341 182.841 122.900 443.632 290,334 350.896 134,104 55.382 27,008 25,070 58.764 56.968 19,163 35,669 133.143 99.171 48.708 44.773 15,015 8.456 N ot 1 .054 914 3.279 2.829 3,150 N ot In 43.302 In 171,866 31,520 113.624 81,479 70,352 304,016 O peration 123,053 99,127 329,536 257,584 115,013 O peration 114,096 46,880 59.788 23.773 32,750 19,091 10,969 5.114 26,707 10,413 12,351 4,201 44 5 45 4 22,292 34,524 18,615 87,389 48,819 14,886 25,821 — 6,828 72,120 179,380 45,050 6,810 364 56 56 57 57 364 M is s o u r i K a n s a s & T e x a s R R . N a s h v ille C h a t t a n o o g a & S t . L o u is E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M ain t.way M aint. of equipm ’t . T raffic expenses__ T ransportation exp. T ot.exp.,Incl.oth. N et from railroad ____ T a x e s .. __ __ . . U ncollectible revenue. N et after taxes, A c. N et after ren ts______ A ver, miles of r 'd oper. * ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- •— J a n . 1 to M a r . 31— 1922. E A R N IN G S . 1922. 1923. 1923. 1922. 1922. 1923. 1923. S # S $ $ $ $ $ F reight revenue______ 2,203,375 1,760.471 6,141.728 4,707.637 1,643.459 1.239,438 4,358,539 3,292,567 Passenger revenue___ 384,357 354,643 1,190,755 1,074,324 443,580 448,554 1,366.148 1,338,739 T o t., Incl. other rev. 2.916,201 2,465,790 8,227.312 6.722.082 2,184.247 1,730.651 5,933.388 4,688,267 Expenses— M aint. way 311.389 265,756 792,571 172,621 196,205 595.334 644,217 705,328 M ain t. of equlpm ’t . 460.497 559.401 1,330.500 1,404.814 937.765 412,810 2,680,499 1,351,597 82,701 Traffic expenses__ 160.460 145,169 218,153 47,196 84.678 227.579 57.620 T ransportation exp. 887,202 712,806 2,649.048 2,105,528 836.695 684,859 2,424,916 1,981,584 T ot.exp.,Incl.oth. 2.159.760 1,502,770 6,451,921 4,584,251 1,761,298 1,657,327 4,980,195 4,512,003 N et from railro ad ____ 963,020 1,775,391 2,137,831 422,949 73.324 953.193 176,264 756,441 Taxes ___________ 186,408 402.366 429,465 60.000 35,000 180.000 105,000 124.085 U ncollectible revenue. 10,392 5,257 88 1.606 840 3,765 851 9,715 N et after taxes, A c. 772,847 1.362,633 1,703,109 38,236 771.587 70,424 622,641 362,098 N et after ren ts______ 396,694 69.194 905,607 150,829 769.039 822,475 1,701.789 1,849.307 A ver, miles of r ’d oper. 1,670 1,670 1,670 1,258 1,258 1.258 1,258 1,670 M is s o u ri K a n . & T e x a s R y . o f T e x . N ev ad a N o rth e rn ■— J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----E A R N IN G S . 1922. 1923. 1923. 1922. 1923. 1922. 1923. 1922. S S S 8 * S 8 8 F reight revenue______ 1,032,266 1,187,166 3,209,906 3,228,456 16,612 58.105 147,555 . 41.940 Passenger revenue___ 398.305 392,237 1,169,733 1,192,190 8,251 3.131 21,505 9,211 T o t.. incl. other rev 1,618.419 1,752,813 4,857,258 4,846.64 8 23,151 74,016 183,142 59,421 Expenses— M aln t .way 190,502 614,444 646,199 10,802 211.681 11,703 34.478 28.516 M ain t. of equipm ’t . 193,787 1,167,871 662,567 221 406.515 6,044 15.097 8,778 T raffic expenses__ 125,728 127.552 41 ,317 504 37.004 434 1.296 1,315 T ransportation exp. 6,972 14,868 39.211 756.903 702,747 2,236,742 2,055,251 20,004 T ot.exp.,incl.oth. 1,472,734 1,260,948 4,420,519 3,782.117 36,248 21.597 99.677 6/ ,'705 N et from railroad____ 37.768 1,554 83.465 — 8,284 145.685 491,865 436.739 1,064,531 T ax es_________ _____ an 834 51 .71 2 169.092 153,100 6,597 6.118 19,799 18,347 U ncollectible revenue. 4,124 1,495 104 2,785 N et after taxes, A c. 31,171 — 4,564 87,066 440.049 263,523 909,936 63.666 — 26,631 N et after ren ts______ — 114,998 274,026 — 395,815 390,259 32,494 — 1.786 69,083 — 17,123 A ver, miles of r ’d oper. 1,737 165 1,737 1.738 165 165 165 1,738 M is so u ri P a c i f i c E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., Incl. other rev. Expenses— M aint. way M ain t. of equipm 'tT raffic expenses__ T ransportation exp. T o t.exp., incl.o th . N et from railroad ____ T ax es_______________ U ncollectible revenue. N et after taxes, A c. N et after rente______ Aver, miles of r ’d oper. N e w b u rg h & S o u th S h o re M o n o n g a h e la C o n n e c t i n g E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M aint. way M ain t. of equipm ’t . Traffic expenses___ T ransportation exp. T ot.exp. .incl.oth. N et from railro ad ____ T ax es________________ Uncollectible revenue. N et after taxes, & c. N et after ren ts______ A ver, miles of r ’d oper. 9 RAILWAY EARNINGS N ew O r le a n s G r e a t N o r t h e r n ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1922. 1923. 1023. 1923. 1923. 1922. 8 S S S S S S .S 6.957,870 6,656.240 19.114,085 17.837,247 1,441,490 1,310,215 4.294,221 3,866,026 180.303 176.423 502.146 444,952 9,233,402 8,651,768 25,606,872 23,562,176 12,699 6,022 33,088 17,268 1,301,041 1,245.788 3,287.597 3,626,230 49.201 36,163 147,725 90,961 2.517,759 1,958,184 6,630,572 4,987,005 148,352 142,058 450,318 445,639 79,147 60,414 240,251 3,810,114 3,455,987 11,049,221 10,010,815 177,253 145,071 106,277 433,648 296,541 8,091,517 7,129,184 22,292,788 19,936,732 35.232 70.146 68.498 148,411 1,141.885 1,522,584 3,314,084 3,625.444 12,858 13,926 37,674 378,090 388,743 1,135,149 1,166.229 36,575 8 8,075 7,093 3,343 2,599 8 22,374 56,212 30,824 760,452 1,131,242 2.170,860 2,452,122 111,828 11,784 61,249 2,040 781,439 1,016.691 1,543,045 110,301 418,903 7 7 7 7,342 7,171 7,314 7 7,171 ----- M o n th 1923. $ ______ 229,385 30,438 41,984 582 119.216 197,077 32,308 2.656 29.652 10,067 7 o f M a rc h ----- 1922. $ ______ 149,722 14.354 22,413 506 56,486 98,570 51,152 2,292 48,860 50,892 7 — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1923. 1922. 1922. 1923. 8 S 8 $ S $ 186,432 580,723 205.476 495,497 ______ 30,070 31,885 86,257 97,819 243,484 226,198 691.734 626,123 350,711 614,682 27,003 30,698 80,117 68,448 33.814 100,236 62,195 52,843 99.858 112,009 60,490 179,259 6,055 4,875 17,336 1,734 1,595 14,183 69,968 65,505 212,891 141,587 204,498 356,505 146,614 165,115 443,219 252,482 552,946 530,349 96.870 61.083 248.515 73,177 98,229 84,333 15,009 16,685 50,059 6,072 45,053 6,335 Cr 62 3 309 _____ 52 46,0/1 80,247 198,14/ 3»,228 67,105 91,894 4 0,/64 198,059 7,749 8 0,/63 94,963 14.060 274 274 274 274 7 71 N ew Y o r k C h i c a g o & S t L o u i s ----- M o n th o f M a rc h ----1923. 1922. $ $ 3,689,040 3,109.461 124,398 113.417 3.960,971 3,304.927 359.108 323,920 730.224 602,104 84.849 73.961 1,567.186 1,181.198 2,865,461 2,301,102 1,101.510 1,003.825 189,229 167.444 659 147 911.622 836.234 799,607 827.0S4 1,242 1,261 — J a n . 1 to M a r . 31— 1923. 1922. S 9 9,920,995 8,437,119 371,938 343,948 10.706,135 9,000,924 1 .007.594 961,827 2,415.151 1,635,945 254.797 217,677 4.410,819 3,521,013 8,468,928 6,672,260 2,237.207 2.328,664 568.103 496,375 1,782 283 1,667,322 1,832,000 1,395,971 1,748,915 1,242 1,261 N ew O r le a n s T e x . & M ex S y s te m N ew O rle a n s T exas & M exico ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 192,4. 1922. 1923. 1922. 244.724 217.119 708,309 583.789 28.412 25.443 87,654 79,370 276.504 250.114 810,486 684,600 36.467 37.994 114,046 100,677 42.869 56.173 143.845 141.122 7.805 9.337 23.715 21,016 61,927 53,387 18i,637 162,599 158,134 164,672 490,420 448,853 118.370 85.442 320.066 235.747 19,733 16.775 59,199 49,125 20 20 98,617 68,667 260,847 186,622 133,706 69,892 360,217 205,696 191 191 191 191 B e a u m o n t S o u r L ak e A W e s te rn ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1923. 1922. $ 8 $ 8 157,304 168,736 465,264 442,109 24,786 22,832 72.901 65,800 191.808 202.465 567.539 536.218 22,078 30,202 70,053 112.144 19,354 36.352 62.229 75,822 5.473 5,095 16,588 14,191 59,833 59,030 175,040 167,548 113,622 137,537 344,543 589,485 78,186 64.928 222,996 146,733 5,240 3.880 15.720 10,740 158 166 72,788 61.048 207,110 135,993 51.331 49,262 139.297 100,561 118 118 118 118 S t. L ou is B ro w n sv ille A M exico ----- M on th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. $ 8 8 $ 284.189 384,192 834,839 1,044,028 109.159 93,322 324,225 282,018 427.749 519.476 1,253,870 1,424,599 76.142 67,881 226.916 232.645 74.606 49.161 213,650 207,704 13,449 13.527 40,918 39.862 134,450 150,739 379.199 409,955 317,433 299,211 911.477 945,796 110.316 220.265 342,393 478,803 24,125 16,270 72.375 45,425 112 71 177 71 86.079 203,924 269,841 433.307 62,563 171,164 195,283 353,911 550 550 550 550 N ew Y o r k C e n t r a l S y s te m N ew Y o rk C e n tra l R R ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 25.599.124 19.456.424 1 7,210,500 6.814,277 67.685,195 52.276.761 21,614,491 19,562,525 36.898,954 29.167.831 100648.229 80,823.570 3,605,900 3.084.222 9.717,929 8,648,159 I 8,872,166 7.559.825 25,590,760 20,264.967 378.199 ! 355,704 963,103 995,917 13.974,016 10,609.862 40,487,922 30,760.083 28,041,426 22,809,602 80.343,085 64.111,054 8.857.528 6.358.229 20.305,144 2.090,418 1,810 164 .5 471 883 16,712.516 7,999 2.418 ' 25.938 15,481 6.759.111 4,545,647 14,807,323 11,626,568 6,695,535 4,850.162 14,334,233 12,120,930 6,899 6,899 6,895 6,895 C in c in n a ti N o rth e rn ----- M onth o f M a r c h ----- — J a n . 1 to M a r . 31 — 1923. 1922. 1923. 1922. 8 S $ 8 466,339 349,289 1,272,956 853,248 i5,274 15,689 42.132 45,562 489.229 371.736 1,336.030 918,811 60,652 43,478 163.682 128,185 74,768 58.572 232,299 138,575 4,701 4.712 13.438 14,392 164,181 105,576 475,506 295,483 311,685 221,067 906,824 600,436 177,544 150,669 429,206 318,375 28,375 25,928 73,433 63,615 4 328 173 330 149,165 124,413 355,600 254,430 110,087 100,632 248,814 199,333 244 244 244 244 Clev. C in. C h ic. & S t. X»« (In c . P oo. & E a st.) ----- M on th o f M a r c h ----- — J a n . 1 to 1923. 1922. 1923. 1922. $ 8 S 6,250,925 5,648,376 17.962 789 1,362,671 1,192,019 3,935,114 31554’,052 8,298,896 7.373.334 23,765.066 19,890,379 734.359 595.065 2,065.480 1,890.676 2,082,616 1,348,629 5,784,899 4.345 475 113.697 112.365 306.195 321,613 3,104,415 2,581,024 9,232,181 7,681,017 6,272,420 4,865,403 18,075,761 14,875,409 2.026.476 2,508.131 5,690,105 5.014 97f) 431,767 497.839 1,256,051 1.157 676 706 2,295 1.763 2.945 1,594.003 2,007.997 4,432,291 3,854,349 1,546.239 1,976,056 4,178.236 ^3,510,060 2,407 2,415 2,408 2,415 10 [You 116. RAILWAY EARNINGS N ew Y o r k C e n t r a l S y s te m ( Concl .) I n d ia n a H a rb o r B e lt ----- M on th o f M a rc h ---------- J a n . 1 to M a r . 31— E A R N IN G S . 1923. 1922. 1923. 1922. F reight revenue---------Passenger revenue___ T o t., incl. other rev. 1.056.041 881.401 2.898,987 2,288.900 Expenses— M aint.w ay 194,560 77.487 66,169 267,416 M aln t. of equipm ’t119.136 54.727 395,264 195,984 T raffic expenses___ 5.086 3.621 14,457 11.239 T ransportation exp. 366,799 1,427,101 1.012,124 527,956 T ot.exp..lnci.oth. 508,822 2,168,005 1,472,317 751,175 N et from railro ad -----304.866 372,579 730.982 816,583 T axes________________ 57.812 109.649 10.944 50.023 U ncollectible revenue. 161 326 326 405 N et after taxes, &e_ 293,761 322,230 672,765 706,608 N et after re n ts--------149,876 275.451 289.732 513.116 Aver, miles of r ’d oper. 119 120 119 119 M ic h ig a n C e n tra l ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— E A R N IN G S . 1922. 1923. 1922. 1923. $ S ¥ ¥ F reight revenue--------- 6.250.095 4,761,901 16,570.083 12.038,461 Passenger rev en ue___ 1,453,188 1,192,496 4.355,609 3,697.320 T o t., incl. other rev 8,568.157 6,563.956 23.190.528 17,373.241 Expenses— M aint.w ay 766,488 630.890 2,140.888 1.819,180 M ain t. of e q u ip m 't. 1.797,128 1,622.734 4.636.439 4.300.491 Traffic expenses— 94.280 278.613 279.139 103.443 T ransportation exp. 2,961,911 2,291.790 8,485.301 6,621,064 T o t exp.,incl.eth. 5,847,200 4,850,826 16.179,187 13,653,471 N et from railroad------ 2,720.957 1,713,130 7.011.341 3,719.770 794.77 / T axes________________ 468.791 329.777 1.288,968 U ncollectible revenue. 3.569 / ,212 1.322 6,425 N e t after taxes, A e. 2,250.844 1,3/6.928 5./18.804 2.91,.781 N et after re n ts--------- 1.954.501 1.259.285 4,997.912 2,578,289 A ver, miles of r 'd oper. 1,862 1,862 1,862 1.862 P itts b u r g h A L ak e E rie ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— E A R N IN G S . 1922. 1923. 1922. 1923. S $ S % F reight revenue--------- 3.608.262 2,092.246 9.760.415 5,159.960 Passenger revenue___ 595.217 258,387 751,056 192.931 ■ fcTot., incl. other rev. 10,620.696 5.967.411 Expenses— M aint.w ay S.758.899 2,358.823 959,661 221.892 687.346 348,925 M ain t. of e q u ip m 't. 1.009.716 1,041.067 2,866.454 3.253.489 T raffic expenses— 58.808 57.833 19.326 18.923 T ransportation exp. 1.137,345 740.076 3,268.405 2.071.152 T ot.exp. .lncl.oth. 2,580,264 2,089.191 7.347,303 6.269.653 N et from railroad------ 1 .1 7 8 .6 3 5 269 63? 3,273.393 — 302.242 T ax es________________ 234,929 78,312 626.985 203.385 U ncollectible revenue. 12 147 176 56 N e t after taxes, A c. 191,308 2,646.261 — 537.347 975,194 N et after re n ts............. 1.354,425 263.89? 3.800.584 —237.225 A ver, m iles of r ’d epar. 227 227 231 231 N o r fo lk & W e s t e r n ----- M o n th o f M a r c h ---------- J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. S s s s 6.655.073 6,579.447 18,113.909 17.201.307 761.876 650,768 2.233,580 1,900,262 7.772.801 7,497.899 21.267,275 19,851.191 927.203 927;461 2,755.794 2,597,064! 1,956.268 1,898,396 5,934,942 4,853,633 78.576 72,079 247,082 216.230 2,743,487 2,306,160 7,955,5/6 6,542,656 5,886,819 5 ,3 8 ,.4 8 / 1.,398,077 14.705,670 1.885.982 2,110,412 3,869.198 5.145.521 475,000 450,000 1,425,000 1,350,000 786 617 10,751 1.964 1,410,196 1,659,795 2,433,447 3,793,557 1,820,002 1,933.795 3,489.865 4 , 442,947 2,237 2.237 2.237 2,237 Pennsylvaniag RR. d (Concluded) L o n Is la n E A R N IN G S . F reight revenue---------Passenger revenue___ T o t.. Incl. other rev. Expenses— M aint.w ay M ain t. of eq u ip m 't. Traffic expenses— T ransportation exp. T o t.exp.. incl.o th . N et from railroad-----T axes________________ U ncollectible revenue. N et after taxes. A e. N et after re n ts--------A ver, miles of r ’d oper. — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 881,479 2,489.400 2.097.209 919,756 1,323,028 1,183,599 3,755,718 3.392,037 2,490,352 2,252,899 6,894,479 6,037.374 793,386 719.249 289.662 279.361 512,916 450.006 1,461,815 1,218,327 41,726 46,747 14.962 12,510 1,230,833 1,076,479 3,613,429 3,102,748 2,129,569 1,893,093 6,149,112 5,303,523 733.851 360,783 359,806 745,367 124.094 127,512 57,647 59,235 6.223 2,472 2.250 1,376 603,534 300.172 299,687 615.605 202.837 221.319 316,442 412,208 398 397 397 398 M a ry la n d D elaw are & V irg in ia N o r fo lk S o u t h e r n ----- M on th o f M a r c h ----- - —J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 1922. 1922. 1923 1923. ■8 S $ * 143.431 138,719 759,860 637,937 1,860,816 1,522,186 61,264 57,991 40.916 44,617 108,395 111.240 318,227 15.894 320,605 17,581 192,882 192.925 914.108 793.266 2,294,396 1,„33.371 80.509 79.248 20,303 21,960 101.711 109.252 291,313 8.969 303.348 8,670 77.938 128,535 78,068 126.813 349,402 34.789 323.954 20,305 2,303 23.889 3,460 20.419 69.362 63.946 594 2.048 150.887 358.940 173,559 300,535 974.532 52,926 859,797 58.664 643.492 284.094 258,365 588,097 1.773,070 1,644,143 99,919 92,442 270.616 205.169 521,326' 289.228 — 13.194 — 19,410 — 91,169 — 65,483 38,314 32.315 114,844 83.182 1.530 1,500 6 20 1 159 436 189 232,282 172.695 406,04 205,857 — 14,694 — 20.940 — 91,170 — 65,489 — 69,427 168.535 135.858 277,490 132.527 — 14,083 — 21.358 — 93.745 82 930 82 930 930 82 930 82 M o n o n g a h e ta N o rth w e s te rn P a c if ic ----- M o n th o f M a rc h ---------- J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1923. 1922. 1923. 1922. S S S s $ s s S 354.010 315.306 981.897 404.398 539.186 1,106.881 1.273,938 866.343 191.839 176.316 509,218 495,659 42,223 31,447 118,689 91,752 602.479 561.609 1,645,983 1.544.S78 574.735 1.240.625 1,381.403 452.843 127.209 128,463 99,283 381.056 138.248 46.007 298.119 60.016 162.119 110.765 64.013 302.901 219,532 73 279 292,487 97.515 7.932 3.653 5.552 16.222 16,371 3.909 1.398 1.304 234.307 312.923 241,074 681.937 113,281 427.673 716.675 . 149.135 500,267 637.798 888.681 426,494 1,442,894 1.298,630 243,913 316.553 102.212 135,115 "■ 203.089' 246.248 351.944 743.605 136.29? 330,822 49.091 24,000 45.093 29,850 147,247 8,000 135,279 9,950 109 14 126 199, 53,012 90,008 o5,716 322,094 719,605 110,770 126,340 322,822 42,446 77,776 134,684 “= 558,582 22,168' 70,572 67.38? 265.592 106 496 507 106 496 507 106 106 T o le d o P e o ria & W estern N ew Y o r k C o n n e c tin g ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— -M on th o f M a r c h ----- - —J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1923. 1922. S $ $ S 183.950 703.691 96.312 76.670 69.655 257,879 50,646 52,096 715.099 178.032 307.825 773.424 23.121 28.315 31.982 4.933 8.001 63.978 93.877 108.704 139.382 62.285 146,278 44.163 100.106 274,640 247,106 144,157 440.459 33.875 207.719 526.318 113.400 114.538 37.800 38.146 — 57.616 — 49,045 327,059 411,780 — 3,925 169,573 — 40.463 — 62.822 96,062 309,248 249.396 50,693 247 247 19 19 19 19 E A R N IN G S . F reight revenue--------Passenger rev en ue___ T o t., incl other rev. Expenses— M a in t.way M aint. of e q u ip m 't. T raffic expenses___ T ransportation exp. T o t.exp., incl.o th . N et from railro ad -----U ncollectible revenue. N e t after taxes. A c. N et after ren ts--------A ver, miles of r ’d oper. -----M on th o f M a rc h ----1922. 1923. S ¥ 5,864.465 5.421.639 4.008,216 3,706.669 11.288.630 10.202.920 1.022.172 1.012.995 2.554,723 1,977.576 51.906 62.845 4,986,793 4,137.361 9,060,734 7,649,679 2.227.896 2,553.241 409.100 385.843 1,596 780 1,817.200 2,166,618 794.871 1,775.085 2,000 2,004 N ew Y o r k N ew H a v e n & H a r t f o r d — J a n . 1 to 1923. S 2,122.386 370,862 2.941.473 335.908 750.000 44.827 1,822.184 3.054,106 — 112.633 127,500 361 — 240.494 — 380.744 569 31— 1922. $ 2,164.938 351,796 2.946.667! 313.242 62,05211 41,506 1,474,159, 2,542,370 404.297 114,000 223 290,074 171.104 569 M a r. N ew Y o r k S u s q u e h a n n a & W e s t. E A R N IN G S . F reight revenue---------Passenger revenue___ T o t., Incl. other rev. Expenses— M aint way M ain t. of equipm ’t . T raffic expenses___ T ransportation exp . T ot.ex p ..in cl.oth . N et from railroad-----T ax es________________ U ncollectible revenue. N et after taxes, A c. N e t after ren ts--------A ver, m iles of r ’d oper. -----M onth o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. S S 8 $ 774.057 388,339 318.350 934.234 59.432 173.419 58.034 176,933 509.192 422.996 1,269,560 1,084.636 40.030 53.469 112.385 140.064 87.077 45.008 231.205 153.587 11.416 3.991 3.484 10.928 266,127 205,730 760.767 581.554 407,791 317,975 1.178,053 889,267 101.401 105.021 9 i.5 0 f 195.369 28.200 25.492 84.200 76,476 2,795 31 9.903 165 70,406 79,498 — 2.596 118,728 68,32? — 3.922 71.594 79.620 135 135 135 135 N o rth e rn P a c if ic W est Jersey A Seashore P e n n sy lv a n ia R a ilro a d P e o ria & P e k in U n io n — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ---------- J a n . 1 to M a r . 31- ----- M o n th o f M a r c h ---------- J a n . 1 to M a r . 31— 1923. 1922. 1922. 1922. 1923. 1922. 1923. 1922. 1923. 1923. S S $ % * S S 14.965.925 13.60.3.695' 6.307.365 5.807,723 17.106,169 14,418.551 455,155 424,517 1.237,767 1,040,562 11,671,035 10,958.958 1,201,319 1.180,049 3,492,171 3,346,386 482,747 1,354,918 1,247.785 497,091 30.478.679 27.504,446! 7,608.200 22,624,515 19.455,525 1.042,262 988.690 2,833,508 2,503.787 804,959 2,264,916 2,300,645 3.059.973 2.827.427 164.156 492,313 438.995 177,357 572.472 577,481 7,700,652 5,189.431 1.848,791 6,107,841 5.287,133 190,787 204.599 35.163 42.554 167.165 131,731 446.933 388,490 13,459 164.844 12,068 14.315.606 12.050.901 2,898,561 10,273,671 8,633.131 505,988 465.470 1.495,190 1.365,285 26.604.777 21.552,792 5,971,052 20,056,860 17.524,295 872,978 2,714,088 2,533,074 938.122 3.873.902 5.951,654 2,567,655 1.931,230 115,712 119,420 — 29,287 104,140 1.218.042 1.157.529 2.J87.424 2,25 15,486 16,123 5,917 1 115 420 45.578 3 554 45 43 2,610,282 4.790.571 119,305 — 29,707 100,181 87,974 — 315.409 3.573.858 58.767 — 75,137 84,512 70,890 2.000 359 359 2,004 359 359 N ew Y o r k O n t a r i o & W e s t e r n ----- M on th o f M a rc h ----E A R N IN G S . 1923. 1922. S S Freight revenue--------905.835 836.233 Passenger revenue___ 138.742 115.616 T o t., incl. other rev. 1,133.505 1,180,438 Expenses— M aint.w ay 102.297 121.604 M ain t. of equ ip m 't. 250.000 211.786 Traffic expenses__ 14.799 13.647 T ransportation exp. 616.545 526,867 T ot.exp..incl.oth. 1,017.382 911,894 N et from railroad-----116.123 268 544 T axes________________ 42.500 38.000 U ncollectible revenue . 216 123 N et after taxes, Ac. 73.500 230,328 N et after ren ts--------36.069 188.426 A ver, miles of r'd oper. 569 569 -M o n th o f M a r c h - In c l. P e n n . C om p an y G ra n d R a p id s & ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— I n d ia n a a n d P . C. C. & S t. L. 1923. 1922. 1922. 1923. ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— S S $ S 42.775,149 40.623.061 114075,241 102461,251 17.814 60.098 48.908 20,416 12,065,513 10.911,196 35.892,686 32,604,188 9,086 8,583 2.860 3,241 60.331.996 55.623.930 165457,739 146815,998 174,336 452.170 491,102 153.124 4.961,331 5,286,412 14.035,518 13,614.625 36,282 32,153 15,237 15,286 15.958.607 13.693,145 45.942.308 38.104,639 51.858 64,007 19,526 20.503 630.666 560.255 1,864.243 1,669,462 1,313 320 147 555 24,326,760 19,672.957 71,170,455 56,962,776 199.630 202,995 69,825 67,696 48,162,775 41,318,710 139729,306 116709,953 318,614 320.275 114,011 115.418 12.169.2S1 14.305.220 25,728,433 30,106,045 133,556 163,827 37,706 60.325 2.273.426 2,030,030 5.481.627 4,894,757 15,000 37,500 41,500 12,500 16,318 5,334 34,457 12,120 9 ,879,477 12,269,856 20,212,349 25,199,168 96,056 122,327 45,325 25.206 8,774.189 11.582.039 17,008,250 23,309.241 174,782 196,440 68,174 47.155 10.534 10,537 10.534 10,537 19 19 19 19 B altim o re C h e sap e a k e & A tla n tic P e r k io m e n —M on th o f M a rc h ----- J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. 1922 1922. 1923. 1923. $ $ $ $ $ S 82.005 81,234 240.132 193,372 185,657 71,382 80,781 232.510 24,007 25,531 64,290 6,738 18,510 63,350 20,810 6,635 111,332 109,807 270,320 258,753 91,277 270,542 263.323 82,238 13.907 10,645 29,821 6,333 17,165 19,364 6,905 25,520 55.172 42,063 101,782 10,899 12,542 98,576 3,883 4,170 1,948 938 326 4,530 111 324 3,810 112 76,268 65,374 218,524 116,379 185,981 39,444 44,124 132,965 147,252 152,177 .___123,120 366,452 324,791 167.989 55,659 51,168 — 40.845 — 13,313 35.618 123,290 95.33^ -96,132 — 66,038 31,070 2,997 18,399 2,873 6,133 9,023 17,766 28 38 — 43,870 — 16,186 — 96,170 — 66,042 104,891 26,595 77,568 24,937 93,422 — 46,311 — 15,935 — 98,009 — 64,113 20,535 87 41 87 41 87 41 . l41 87 May, 1923.] 11 RAILWAY EARNINGS P e re M a rq u e tte E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses—M ain t. way M aint. of equipm ’tTraffic expenses. . T ransportation exp. T o t.exp., incl.o th . N et from railroad . T axes. . . . ______ U ncollectible revenue. N et after taxes, &c_ N et after re n ts______ A ver, miles o fr'd oper. ----- M o n th o f M a rc h ---------- J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. * S $ $ 3.073,749 2,728,788 8.223.622 6.721.563 478,598 367.862 1.154.755 1.099,806 3,838.932 3,362.333 10,348.036 8,484.356 307.056 268.370 781,242 698,683 855,759 686.870 2,416,278 1,672.421 50.252 50.765 149,292 1.52,777 1,501.421 1,302.226 4.297,236 3,657,527 2,830.034 2,424,441 7.987,635 6,522,786 1,008,893 937.892 “ 2,360.401 1.961,570 136.549 161,684 402.054 418,898 190 283 708 1,416 872,159 775.025 1,957,639 1,541,256 664.405 595,812 1.379,499 1.143.994 2,212 2,222 2.212 2,222 E A R N IN G S . F reight r e v e n u e .____ Passenger rev en ue___ T o t., incl. other rev Expenses— M aint. way M aint. of equipm ’tT raffic expensas__ • T ransportation exp. T ot.exp. .Incl .oth. N et from railro ad ____ T ax as________ ____ U ncollectible revenue. N et after taxes, &c_ N et after ren ts______ A ver, m iles o f r ’d oper. ----- M o n th o f M a rc h ----1923. 1922. S S 8,051.617 7,395,843 853.663 755,395 9,137.062 8,450.424 592.703 602.121 1,871.416 1,903.006 98.418 57.615 3,339,164 2,787,210 6,068.877 5,495,825 3,369.085 2.954.599 197.480 262,912 1.526 1,212 3,104,647 2,755,907 2.934.006 2.464,970 1,124 1,127 E A R N IN G S . F reight r e v e n u e _____ Passenger revenue___ T o t., incl. other rev Expenses— M aint. way M aint. of equipm ’t . Traffic expenses__ T ransportation exp. T ot.exp .incl.oth. N et from railro ad ____ T axes________________ U ncollectible revenue. N et after taxes, & c. N et after re n ts______ A ver, miles o f r ’d oper. ----- M on th o f M a rc h ----- — J a n . 1 to 1923. 1922. 1923. $ 8 $ 151.083 137.005 405,428 7.734 7,383 19,110 160.295 145.805 431,070 23.010 30.497 62.699 54.657 31,290 146.324 1.090 1.848 5.516 57.537 41.380 164,665 143,464 113.022 398,186 16.831 32,783 32,884 156 147 393 56 16,675 32,636 32.435 48.845 47.115 134,851 102 102 102 E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M a in t . wa y M ain t. of equipm ’t . Traffic expenses__ T ransportation exp. T ot.exp.,incl.oth. N et from railro ad ____ T axes________________ Uncollectible revenue. N et after taxes, &c. N et after ren ts______ A ver, miles o fr'd oper. ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. * 8 $ S 279,008 261.009 664.710 710.363 9.260 9,973 26.046 26.758 319.894 301.307 829.622 784.685 32 087 24.997 76.074 71.462 89.400 89.663 244.132 270.604 3.260 9.508 4.896 10.583 82.586 68.785 235,717 189,156 231,227 223,578 634.961 619,304 88.667 77.729 194.661 165.381 42.521 27.970 76,690 118.963 46,146 49,759 75,698 88,691 137,246 91,056 331,673 232,374. 89 89 85 85 E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M aint way M aint. of equipm 'tTraffic expenses__ T ransportation exp. T o t exp., incl.o th . N et from railroad___ T ax es________________ U ncollectible revenue. N et after taxes, &c. N et after r e n t s _____ A ver, miles o f r ’d oper. -----M onth o f 1923. S 122.845 9.337 136.014 20.985 48.010 1 .441 57,554 129.385 6.629 2.398 2 4,229 28,418 210 E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M aint. way M ain t. of equipm ’t. Traffic expenses__ T ransportation exp. T ot.exp.,incl.oth. N et from railro ad ____ T axes_________ . . Uncollectible revenue. N et after taxes, &c_ N et after ren ts______ A ver, miles o f r ’d oper. -----M on th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. s $ S $ 213,529 230,049 678.988 518,151 271,753 307,738 851.636 713.209 14,208 14.047 49,556 40,336 17,819 10,991 4,214 28,371 229 229 687 687 74,180 321.042 96,631 203,548 125,062 278,090 db,622 398,631 435,119 146.691 211.116 453.005 14,154 41,302 45,041 16,295 194,821 390,078 132,537 411,703 63,388 190,678 123,471 172,908 21 21 21 21 E A R N IN G S . F reight r e v e n u e - .___ Passenger revenue___ T o t., incl. other rev. Expenses— M aint way M aint. of equipm ’t . Traffic expenses__ T ransportation exp. Tot.exp..incl oth. N et from railroad____ T ax es______ __ . . _ U ncollectible revenue. N et after taxes. &c_ N et after ren ts______ A ver, miles o f r ’d oper. ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. 5 S * $ 108,186 64,374 269.206 158,285 24,338 63,516 66.294 23,424 141.157 95.067 355,188 247,962 33.880 20,630 82.690 77.987 25.320 17,407 68.203 52.744 608 788 2.568 2,497 71.395 46.117 209,618 135,571 133,360 364,208 279,065 87,651 7.797 7,416 — 9,020 — 31,103 3,674 3,925 11,023 11,774 4 4,123 3,491 — 20,047 — 42,877 — 3,648 — 298 — 42,574 — 54,486 250 252 250 2521 P h ila d e lp h ia & R e a d in g P itts b u r g h P itts b u rg h & 1 to M a r . 31— 1922. 1923. $ S 22,^82.009 18.311.743 2,521,619 2,320,853 26.866.527 21,494,750 1.874,915 2,114,611 5.588.593 5,213.582 229.557 169,074 10,203,369 7,824,232 18,392.441 15,759.060 8.474,086 5.735.690 788.735 582.519 2.470 3.688 7,682,881 5,149,483 6,927,898 4,475.027 1,124 1,127 - — an . J & Shaw m ut W est 31— 1922. 8 355.722 19,042 378.252 85.098 91 .572 4.785 110,084 314,253 63,999 370 63,629 100.883 102 M ar V i r g in ia P itts b u r g h S h a w m u t & N o rth e rn M a rc h ----- 1922. $ 102,190 7,859 112.908 17.562 47.090 995 46,393 118.557 — 5,649 2.267 — 7,916 — 6,515 210 — J a n . 1 to M a r. 31— 1922. 1923. S S 394.387 285,251 26.781 22,299 429.989 315.862 65,539 46.466 130.580 135.823 5.446 4.621 184,596 135.725 409,219 341,832 20.770 — 25.970 7.145 6.731 127 13,498 — 32,701 76.897 — 27.599 210 210 P o r t R e a d in g Q u i n c y O m a h a & K a n s a s C ity R ic h m o n d F re d e ric k s b . & P o to m a c S . o n f ----- M o n th o f M a rc h ---------- a a n . 1 to M a r . 31— ----- M o n th o f tM aLrc hu i s T rJ an . s1 e r M a r . 31— ---------- a to 1923. 1922. 1923. 1922. 1923. 1922. 1923. 1922. $ $ $ $ 525.960 435.330 1.327.724 1,086,438 417,789 335,107 1,137,741 955,056 912 709 2 995,323 2,440.297 1,154,636 74,787 — 12,010 223,975 200,077 97.540 80 376 236.690 233.708 13.179 4,070 9,577 28,753 118,260 141,979 408,983 338,218 15.801 5,371 6.455 13,396 7,414 8,204 27,371 22,851 491 165 169 539 396,195 324,811 i, • 17 892 936.225 118,278 39.345 36.053 104,459 ___6993)07 ___582,529 1 ,977,914 1,678,106 151,467 .50,152 54,004 152,602 455,629 762.191 330,180 i 017.409 24,635 — 66,014 71.608 47,475 67,042 15 '..451 122,999 47,576 268 892 814 2,675 14 4 15 131 124 __ 388,573 ___ 282,600 87-i,943 639,061 70,794 24,367 — 66.906 44,676 219,474 661,442 460,784 316,017 17,220 — 75,569 50,156 19,411 117 117 117 117 6 6 6 6 R u tla n d S a n A n to n io & A ra n sa s P a ss -----M o n th o f M a rc h ----- — J a n . 1 to M a r . :il— ----- M on th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923 1922. 1923. 1923. 1922. $ 8 8 S $ $ $ S 298,538 388,937 942.310 763,664 308,829 329.755 905,592 922,899 113,008 131,575 364,663 339.705 62,186 182,110 60,437 175,770 621,240 498.473 1,577,322 1,332.846 399.052 417.627 1,172.313 1,171,226 80.894 93 068 240.576 264,132 124.141 314,039 93,899 275,000. 95 971 106.119 299,191 273,528 126.524 144,445 372.254 356,264 9.921 9 291 24.836 25,889 9,929 8,918 33.977 27,993 278,804 216,604 785,491 651,081 183,105 216,653 550,014 606,094 490,997 429,827 1,392,739 1,258,590 464,777 486,933 1.341,305 1,337,964 6R,64(i 130.243 184.583 74.256 20.: J 5 24.973 60.462 61,148 — 65,725 — 69.306 — 168.992 13.612 45,146 14,994 41.124 34 35 432 422 2,080 1,273 105,270 48,288 124,121 13,073 — 81,151 — 83,340 — 216,218 — 209,135 52,91 § 188,995 124,604 39,710 — 69,414 — 97,664 — 166,178 — 238,190 415 413 413 415 739 739 739 739 S t. L o u is-S a n F ra n c is c o S y s te m S t. L o u is-S a n F ra n c isc o -----M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 5.229.963 4 722.981 14,390.915 12,927.073 1,487.548 1 ,411,987 4,471,412 4,055,910 7.220.498 0,516.509 20,219,863 18,217,507 744.981 859,37? 1.913,101 2,174.924 1.505 585 1,289.134 4,154.647 3,547.750 90 099 91.193 266.132 247.079 2,781,645 2,483,963 7,923.101 7,088,867 5,247,343 _ 4 .900.539 14,693,847 13.583,698 1.973.155 1,615,970 5,526.016 4.633.809 339 935 326.641 917.589 905.291 14.328 2,082 4,919 6,641 1,631,138 1 284,410 4,614,084 3,701.892 1.539.840 1 309.855 4,365,984 3,837,393 4.760 4,751 4,751 4.760 F o r t W o rth & R io G ra n d e ----- M o n th oj M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. $ $ 3 $ 63.087 212.047 67.199 193,802 27.156 26,818 76.501 76,913 105.393 99.418 315,591 297.695 25.121 39.748 61.622 120.295 27.139 23.335 75.646 66.641 2,759 2,795 8.775 8.118 52,702 56.426 168.578 156.320 116,969 124,331 326,977 367,537 — 11.57$ — 24.91 § — 11,386 — 69,842 3.538 11.325 3.775 10.614 327 6 16 1.712 — 15,357 — 28,778 — 22,727 — 82,168 — 20.883 — 36,222 — 48,855 — 94,999 235 235 235 235 S t. L o u is S a n F ra n c isc o & T exas ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 8 3 $ S 103.462 295.155 321,741 95.622 12,314 14,867 42.251 43,117 124.024 355.908 114.495 382.375 34.304 73.898 24,199 90.044' 25.180 25,211 74,290 64,117 3,985 11,249 3.559 10,577 58,851 162,975 168,432 54,264 129.417 335,222 115,166 362,666 — 5.39$ 20,686 19.709 — 671 1,864 6,129 5,593 2,043 199 390 341 496 14.167 13,620 —3,055 — 7,456 — 21,131) — 27,19f> — 49,328' — 497125 134 134 134 134 S t . L o u is S o u t h w e s t e r n S y s te m S t. L o u is S o u th w e s te rn ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1,681,610 1,386,852 4,889,073 3,588,004 123,599 440,859 151,745 382,869 1,939,911 1,567.826 5,556,451 4,123,184 234,616 198.236 579,645 676,273 373,603 253,736 1,087,142 654,459 42,952 42,404 130,765 131.896 523,610 387,0,38 1,499,086 1,077,759 1,199,597 978,530 3,480,285 2,717,163 740,314 ^ 589,296 2,076,176 1,406.021 89,816 70,905 • 230,394 174,231 809 88 1,607 1,005 649,689 518,303 1,844,175 "l ^230,785 563,449 ' 442,295 T , 570,417 1,083,579 968 968 968 968 S t. L o u is S o u th w e s te rn R y. of T ex as ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. S $ S S 495,585 441.210 1,516,474 1,360,695 80,852 92,673 272,707 251,988 627,752 557.070 1,901,875 1,707,180 146,646 193.338 412,371 497.213 263,325 191,111 786.346 498,928 19,432 20,195 59,595 59,069 357,750 314,367 1,086,180 919,969 809,076 750,013 2,430,060 2,067,995 — 181,324 --19 2 ,9 4 3 — 528,185 — 360,815 29,552 24,000 79,558 72,000 54 31 275 125 — 210,930 --21 6 ,9 7 4 — 608,018 — 432,940 — 180,913 --21 4 ,5 3 3 — 573,822 — 427,525 807 807 807 807 San A n to n io U v a ld e & G u lf ----- M on th o f M a r c h ----- — J a n . 1 to M a r . 31—■ 1923. 1922. 1923. 1922. $ $ t s 55.944 51.797 164.217 139,484 20,012 15.281 54,079 47,681 87.045 83,516 244,309 215.599 16,175 10.020 42.675 34,239 13,976 11,834 39,800 32,411 3.355 2.577 10.726 8,061 40,811 34,665 108,593 96,207 81,162 66,067 222,098 190,566 17.449 5.883 22.211 25.033 3,071 2,819 9.370 8,639 8 133 265 2.804 14,630 12,708 16,129 — 10.400 2,151 — 27,757 — 15.736 317 317 317 317 S e a b o a r d A ir L i n e ----- M onth o f M a rc h ----1923. 1922. $ S 3,567.812 2,913.811 861,647 789,884 4,886.727 4,124,559 573.697 371.542 866,592 733.943 170.368 129.677 2,023.520 1,745,291 3,859,454 3,185,238 1,027,273 939.321 175,000 175,000 418 293 851,855 764,028 561.967 434,159 3,574 3.576 •— J a n . 1 to M a r . 31— 1923. 1922, S S 9,762,319 7,546,502 2,933.231 2,601,121 13,916.934 11,122,374 1,627.150 1,221,345 2,475,183 2,032,938 453.514 363,066 5,703,369 4,919,000 10,892,710 9,102,931 3.024.224 2,019,443 525.000 505,000 2.515 852 2.496,709 1,513,591 1,644,426 690,109 3.575 3,576 S o u t h e r n R a i l w a y S y s te m S o u th e r n R a ilw a y ’ -----M onth o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. 9.707,911 8,054,334 26,255.247 20,412,177 2,549.935 2.222,300 7.514,759 6,702,750 13,186.303 1.038.652 36.355.683 29.275.871 1,715.818 1,496.614 4,959,905 4,147,840 2.374.503 2,031.272 6,716,882 5,469.272 226,420 212.981 658,503 616,395 4,999,839 4,314,286 14,134,122 12,322,214 9,725,359 8,483,507 27,652.364 23,773,760 3.460,944 2,555.145 8.703.319 5,502,111 620.427 454,630 1,525,308 1.304.836 4,420 7,667 7.132 18,846 2,836,097 2,092,848 7,170,879 4,178,429 2,616,04$ 1,829,583 6,494,186 3.270,634 6,971 6,971 6.971 6,971 A lab am a G re a t S o u th e r n ----- M on th o f M a rc h — — J a n . 1 to M a r . 31— — 1923. 1922. 1923. 1922. $ S 8 S 748,970 645.250 2,075,906 1,658,038 144,777 126,674 436,658 376,524 942,537 809,539 2.653,251 2,138,939 104.576 84.664 294,115 246,359 149.052 143.361 460.125 411,641 19,783 17,595 61.547 59,842 300,799 272,630 920,564 856,301 603,638 547,821 1,827,983 1,665,349 338,899 261,718 825.268 473,590 57.865 37,112 157.142 94,969 2,487 C r.2 2,527 2,363 278,547 224,608 665,599 376,258 292,442 235,720 697,074 389,848 318 318 318 318 C in c in n a ti N ew O rle an s & T exas P a c ific ----- M on th o f M a rc h ----- —J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. $ $ 8 S 1,683,930 1.208,375 4.459,224 3,092,592 318,452 235,167 1,001,893 797,764 2,087,368 1,500,868 5,703,311 4.067,427 218,090 158,134 617,957 434,635 434,151 372,103 1,244,664 1,011,570 36.528 28,580 101,904 85,429 614,442 496,533 1,785,396 1,431,899 1.354,551 1,107,643 3,913,751 3,116,003 732,817 393,22$ “ 1.789,560' " 951,424 117,556 60,034 294,002 168,745 92 27 295 690 615,169 333,164 1,495,263 781,989 519,179 339,889 1,355,881 " 771,010 338 338 338 888 12 RAILWAY EARNINGS [V ol. 116, S o u t h e r n R a i l w a y S y s te m ( C oncl.) S o u t h e r n E A R N IN G * . F reight revenue---------Passenger revenue___ T o t., incl. other rev. Expenses— M aln t.way M ain t. of equipm ’t . T raffic expenses__ T ransportation exp. T o t. erp . .incl. oth. N et from railroad-----Taxes . . -----------------U ncollectlblr revenae_ N et after taxes, &o_ N et after rente--------A var, miles o fr'd o p e r. E A R N IN G S . Freight revenue--------Passensrer re v enae----T o t., Incl. other re v . Expenses— M alnt. way M aint. of equipm ’tTraffic expenses— T ransportation exp. T ot.exp. .Incl.oth. N et from railroad -----U ncollectible revenue. N et after taxes, A c. N et after re n ts--------A ver, miles of r ’d oper. E A R N IN G S . Passenger revenue— T o t., incl. other rev" Expenses— M aint. way M aint. of eqaipm ’t . Traffic expenses— T ransportation exp. T o t.exp.. Incl.o th . N et from railroad-----T ax es________________ U ncollectible revenue. N et after taxes, A c. N et after re n ts--------A ver, miles of r 'd oper. G eo rg ia S o u th e r n & F lo rid a — J a n . 1 to A la r . 31— 1922 192:1 1922 1923 766,336! 304,805 275,802 822,371 118,872 97,697 357,308 295,805 463.974 401,780 1,291,139 1,150.545 67.401 68,406 194,668 193,193 76,282 202,070 74.277 203.968 26.999 9,155 10,220 25.543 169.272 512,911 194.350 532,004 361,337 338,924 1,001.244 982,762 102,637 62,853 289.895 167,783 43,101 19,046 61,228 18,583 368 235 639 473 124,314 83.118 44,038 228,028 134.977 57,554 68,944 11,490 402 402 402 402 N ew O rle a n s & N o rth e a s te rn R R . ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 8 * 8 * 423.209 1,346,725 1,158,977 467,824 215,172 223,826 76,545 71,190 606,581 546,490 1,752,732 1,510,556 202,808 81.037 68,089 236,885 283 399 107.430 98,628 318,720 34,042 32,901 10,366 10,122 654,450 703,691 225,682 242.018 443,368 438,957 1,301,882 1,287,513 223.043 450,850 163.213 107.533 123,473 56.831 36,371 155,483 316 492 281 403 99,254 70,881 294,875 105,979 71.649 115,161 64;oo3 272,041 207 207 207 207 N o rth e rn A lab am a ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1923. 1923. 8 S s 1 235,140 357,849 119.360 92.540 32,346 37,551 11.208 13.347 403,458 274,091 106.104 135,755 49.766 69,311 25,174 17,615 15.211 21,945 5.989 6.070 4,211 5.650 2.090 1,223 105,481 142,538 35,114 50,185 183,467 249,330 62,894 87,034 90.624 154,128 43,210 48.721 14,910 12,141 4.047 6,970 17 5 78.432 39,158 139,201 41.751 30,186 84,788 19,091 29,583 110 110 110 110 ---- M on th o f M a rc h ---- S o u t h e r n P a c i f i c S y s te m E A R N IN G S . Freight revenue--------Passenger revenue---T o t., incl other rev. Expenses— M aint. way M ain t of equipm ’t . T raffic expenses.. . T ransportation exp. T ot.exp. .in c l.o th . N et from railroad-----U ncollectible revenue. N et after taxes, A c. N et after re n ts--------A ver. miles of r ’d o per. E A R N IN G * . F reight revenue--------Passenger revenue— T o t., incl. other rev. Expenses— M aln t way M aint. of equipm ’t . T raffic expenses— T ransportation exp. T ot.oxp..lnel.o6h. N et from railro ad -----U ncollectible revenue. N et after taxes, A c. N et after ren ts--------A ver, miles of r ’d oper. E A R N IN G S . F reight revenue--------Passenger revenue----T o t., incl. other rev. Expenses— M alnt. way M aint. of equipm ’t . Traffic expenses---T ransportation exp. T o t .exp., Incl.o th . N et from railroad-----T ax es................................ U ncollectible revenue. N et after taxes, Ao. N et after ren ts--------A ver, miles ef r ’d oper. E A R N IN G * . F reight revenue--------Passenger revenue---T o t., incl. other rev. Expenses— M aint. way M aint. of equipna’t . T raffic expenses— T ransportation exp. T o t .exp., incl .o th . N e t from railroad-----T a x e s ------ --------------U ncollectible revenue. N et after taxes, A c. A ver, miles of r'd oper. P a c i f i c S y s te m (C oncl.) S ta te n Is la n d R a p id T r a n s it H o u s to n & T exas C e n tra l ---- M on th o f M a rc h ---- — J a n . 1 to A la r . 31— • ---- M on th o f M a r c h ---- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1921. 1922. 1922. 1923 S S 8 S 741,495 842,326 2,309,137 2,634,171 81.745 101.712 229,960 242,675 247,596 299,812 741,162 891,179 86,964 85.547 240,567 243,622 1.072.968 1,216,165 3,276,162 3,720,394 186,857 517.480 202.844 528.038 621.972 241,889 728,163 38.461 213,046 30.076 84.724 111,755 254,819 685,735 227,693 738,015 43.608 31,196 110.393 108.973 69.117 77,171 24.925 23,125 1,923 1.882 5.453 5.384 423,570 437,507 1,238,572 1,354,888 117,443 113.348 341.986 331.692 990,953 942,560 2,913,203 2,850,775 206,117 200,035 583,155 599,532 869,619 — 19,260 362.959 82,015 273.605 2.809 — 65.675 — 71.494 132,101 52,647 157,733 17.500 43,718 15.000 52.500 45.000 4,402 1,369 1,640 100 475 366 242 3,248 736,149 — 36,860 — 12.557 — 118,417 — 119,742 200,824 27,728 229,412 589,172 — 58,175 ‘“ — 27,543 — 169,005 — 160,528 — 18,711 183,869 92,706” 923 923 923 923 23 23 23 23 H o u s to n E a s t & W est T ex a s T e n n e sse e C e n tra l ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 1923. 1922. 1922. 1923. * * 8 8 8 * 8 $ 522.642 540,998 210.796 206,174 187.638 168.515 584,529 411,329 108.630 40,732 37,671 121,996 43,465 36.782 116,550 107,386 703,352 664,476 265,536 236,369 264,728 218.275 739,576 554,820 141,607 176,049 42.196 48,983 57,959 28.478 102,050 88,047 148,837 49,302 173,111 41,4)9 58,041 36.933 121,269 103,621 9,932 5,620 3,442 10.197 3,227 4.856 17.114 14,135 310,728 282,201 102,744 101,245 103,351 88,679 295,021 245,194 632,731 200,248 230,295 210,090 663,967 168.960 563,573 473,495 31,745 64,480 35,241 26,279 39,385 49.315 176,003 81,325 16,139 24.841 5,651 8,262 1,101 4,002 15,719 12,015 253 2 1,058 163 139 3 73 15,353 58,827 26,816 25,039 13,486 45,313 160,281 69,237 38,521 17,727 — 28,572 — 26,614 12,313 24.941 94i491 16.037 191 191 287 191 191 292 287 292 L o u is ia n a W e ste rn T e r m i n a l R R . A s s ’n o f S t . L o u is — J a n . 1 to M a r . 31— T e rm in a l R a ilro a d A sso c ia tio n of S t. L o u is ----- M on th o f M a r c h ----1922. ----- A hm th o f M a r c h ----- — J a n . 1 to M a r . 31— 1925. 1922. 1923. 8 1923. S 1922. 9 S 1923. 1922. 802,553 296.262 297,454 829.758 257.188 82,504 85,648 257,482 431.667 406.717 1,165.742 1,125,951 406.869 1,198,779 1,160,800 406,239 195,015 195.684 78,749 62,992 65,323 73.144 241.459 199,610 198,157 42,429 60,676 217,182 74,756 43.315 130,768 113,881 27.357 28.397 991 9,736 1.032 9,488 2,965 3,052 332,324 149,319 123,500 332.916 131,918 136,354 428,494 389,195 820,581 282,192 836.937 302,964 280,125 264.616 830,382 737,750 149,475 126.592 328,805 305,370 103.275 142.253 368.397 423,050 81.822 80.580 61.559 27,274 26,860 55,343 192,322 166.028 1,079 161 14 229 4 100 186 296 222,469 87,755 76,411 99,218 248,211 86.681 175,889 256,726 212,038 224,931’ 205.749 236.576 95,465 74 732 544.786 602,319 207 37 207 207 37 207 37 37 S t. L o u is M e rc h a n ts B rid g e T e rm in a l M o rg an ’s L o u is ia n a & T ex as R R . -----M on th o f M a r c h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1922. 1923. 1923. 192 i. 1922. 8 $ 8 8 $ 9 % 8 ______ 516.765 1,688,864 1,364,283 537.467 — — ______ 139,899 463,458 440,371 144,760 448.743 369.129 1,313.314 742.168 713.576 2,328.037 1,949,013 985,055 41.350 38.428 414.200 138,450 509,406 152.642 169.325 119.444 32.574 447.205 29.937 143.903 471.661 107,343 160.653 70,278 916 911 49,937 48,550 17.007 2.712 16,346 2.772 207,348 158,782 812,123 893,665 285.566 611.099 281,965 453,738 289,010 233,071 625,543 2,016,512 1,839,293 892,942 649,539 660.958 159.733 136.058 ”420.372 109.720 88.033 311.525 92,629 324.097 26,777 135,072 15.833 140,760 80,387 45,024 46 920 47,500 772 57 459 195 105 274 120,168 170,306 — 26.1241 132,956 339,985 42,814 45,604 276,323 124,474 137,334 80,342 — 84.017 17.700 318,462 24,539 332,549 9 400 9 400 400 9 400 9 T exas & N ew O rle an s T e x a s & P a c if ic — J a n . 1 to Af a r . 31— ----- M on th o f M a r c h ----- — J a n . 1 to M a r . 31— ----- M on th o f M a rc h ----1923. 1922. 1922. 1923. 1923. 1922. 1922. 1928. % S 8 S $ $ $ S 542,526 1,549,226 1,718,743 1,864.503 1.717.500 5,442,548 5.072,886 568.823 579,804 550,592 1.714.329 1,684,659 443,498 150,258 454.607 155,233 731,064 2,152.369 2,280,703 2,657.673 2.460.587 7.737.629 7,272.005 773,976 412.071 490.576 1.02C.488 1,312,194 584,074 420.428 197.021 155.166 754,601 529,464 549.748 2,289.815 1,570,786 512.890 185.512 161.673 48.374 47,3 6 34.577 41.381 149.175 10,325 139,467 13.687 971.816 3.078.759 2,909,844 825.863 1.031,660 268,530 832.907 280,806 650,335 2,053,083 1,908,317 2.342,916 2,161,725 6,S93,454 6,255,887 684,392 314.757 372,386 99,286 844.175 1.016,118 80,729 89.584 100.000 298,862 125.000 70,582 85,397 300,000 22 184 375,000 2.051 222 1,167 661 6,287 828 230 466 212,706 173.640 300,637 13,228 537,888 57,717 60,990 640,652 91,877 145.187 186,218 58,171 18,684 — 58.616 48,730 403.644 1,952 1,952 507 507 1.952 507 507 1,952 S o u th e r n P ac ific ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 10.739,304 9,153.852 28,644,891 24,335.092 3,823,571 3,498,118 10,586,227 9,930,211 16,143.649 13,910.253 43,619.618 37.705,759 5,762,622 2.242,087 1,925,837 6,442.356 7,353,890 2,916,780 2,570,631 8,378,146 685.527 843.240 228.665 275.104 5,071,764 4,813,327 14,624,622 14,031,876 29,866,720 11,225,016 10,224,863 32,416,627 7.839,039 4,918.633 3.685,390 11.202,991 3,806.916 1,279,310 1.341,619 3,841,135 18,881 9,898 8,199 2,409 3,636,914 2,335,572 7,351,958 4,013,242 3,578.508 2,310.567 7,139,644 3,917,882 7,116 7,116 7,119 7,116 A riz o n a E a s te rn -----M on th o f M a r c h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1923. 1983. % S 8 S 777.655 505,236 292.463 196.265 93,132 85,975 30,606 30,030 616,890 340,932 233.938 919.599 79.240 118,193 26,468 35,730 81.371 138,416 31.018 53.077 9,103 8.300 3,852 3,244 195,371 224,269 93,890 70,368 548,884 427,230 206,530 149,245 189,660 370,715 84,693 134.402 72,839 82.813 24,279 29,388 56 57 17 5 116,765 287,845 80,409 104,997 84,999 253,191 47,356 90.778 382 382 382 382 A tla n tio S te a m sh ip L ines S p ok an e In te rn a tio n a l ----- M o n th o f M a r c h ----- — J a n . 1 to A la r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1923. 1922. 1922. 1922. 1923. 1923. a $ S S 8 8 8 S 1,073,693 ' 899.343 3,053,127 2,600,536 87,362 254,074 233,256 101.152 161,962 167,109 54,294 62,376 47,716 28,669 18,559 10,953 1,181.936 1,018,549 3,383,599 2,906,863 125,322 102,133 317.659 273,099 34,520 41,346 13,634 30,071 14,808 12,006 33,400 12.837 503,718 414,646 166.253 125,655 30.526 22,283 8.228 10,739 52,216 63,139 21,953 9,036 18.857 2.591 9.915 3.510 590,738 2.040,819 1,689,867 122,369 110,007 719,929 36,899 40,225 775,848 2,733,529 2,264,436 951,124 66,375 216,031 192,333 73,920 242,701 650,070 642,427 80,766 230,812 101,628 35.758 51.402 35,679 34,924 11.893 17,211 16,445 11,762 5,499 5.737 918 190 43 31 98 605,830 615,146 64,278 219,050 230,808 30.228 84,227 45,567 606,790 614,756 63,320 42,768 219,050 231,288 23,931 38,357 165 165 165 165 G alv e sto n H a rris b u rg & S a n A n to n io S p o k a n e P o rtla n d & S e a ttle ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----- — J a n . 1 to M a r. 31— 1922. 1922. 1922. 1923. 1922. 1923. 1933. 1923. S S $ $ 8 8 S $ 395.632 1,278,044 1,102,179 1,351.295 1,378.659 3,916,281 3,775.740 478,566 362.251 348,607 404,292 365,264 1,211,825 1,059,129 123,574 121,596 582,701 1,820.839 1,601,996 1,863.123 1,855,038 5,431,438 5,140,477 665,995 958,876 158.922 389,146 323,356 1,154,906 178,671 64.685 69.273 322,609 255,198 79,507 375,455 387,927 1,174.368 1,042,100 104,406 117,542 26,169 36,363 132,723 27,640 42,935 9,723 9,395 588,302 566,474 716,733 2,152,998 2,081,543 746,181 191,693 222,207 1,609,759 1,542,782 4,806,142 4,426,717 373,174 1,210,451 1,088,514 439,812 513,482 625.296 713,760 610,388 253,364 312,256 209.527 226083 153,291 84,100 225,003 252,300 179,702 59.809 50,250 75,000 371 2,422 413 1,297 796 4 603 101 323 260,811 440,991 558,047 125,104 384,972 192,258 261,210 151,082 155,719 356,685 233,979 196,691 306,168 421,014 101,459 133,151 551 1,379 551 551 1,379 1,379 1,379 551 T o le d o S t . L o u i s & W e s t e r n ----- M on th o f M a r c h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. S $ s $ 1,149.988 788.028 3,072.593 2,134.614 30,920 26,823 85.706 73,216 1,230,430 851.164 3,292.732 2,306,632 126.797 113.378 350,343 261,360 135,458 133.819 430.638 394.143 20,356 26.951 62.700 67,915 353,184 279,346 1,026.355 786,816 653,499 599,607 1,927.505 1,589,486 576,931 251.557 1,365.227 717,146 86,899 46,000 219,720 138,000 123 172 626 490,032 205,434 1,145,335 578,520 416,984 161,083 958,610 478,906 454 454 454 454 U l s t e r & D e la w a r e ----- M o n th o f M a rc h ----- — J a n . l to M a r . 31— 1923. 1922. 1923. 1922. S S S S 67.360 82,102 162,440 165,071 22,138 18,811 65,036. 57,658 129,819 129.193 333.952 300,102 16,873 16,433 48,006 48,543 23,241 19,183 72.154 61,378 1,569 1,738 4,987 5,430 59,276 61,285 171,629 168,208 108,829 106,823 321,374 308,599 20,990 22,370 12,578 — 8,497 6,001 6,003 18,005 18,026 13 15 14,976 16,367 — 5.442 — 26,523 10,952 11,712 — 15,614 — 35,868 128 128 128 128 May, 1923.] U n io n P a c i f i c S y s te m E A R N IN G S . F reight revenue____ Passenger revenue___ T o t., incl. other rev. Expenses— M aint.w av M aint. of equipm ’tT raffic expenses ._ T ransportation exp. Tot.exp.,Lncl.oth. N et from railro ad ____ T ax es_______________ U ncollectible revenue. N et after taxes, &c. N et after ren ts_____ A ver, miles of r ’d oper. E A R N IN G S . F reight r e v e n u e ..___ Passenger rev en ue___ T o t., incl. other rev. Expenses— M aint.w av M aint. of equipm ’t . T raffic expenses___ T ransportation exp. T ot.exp.,Incl.oth N et from r a ilr o a d __ Taxes . ______ _____ U ncollectible revenue. N et after taxes, &c. N et after r e n t s _____ A ver, miles o fr'd oper. E A R N IN G S . Passenger revenue___ T o t., incl other rev. Expenses— M aint. way M aint. of equipm ’tT raffic expenses T ransportation exp. T o t.e x p .,incl. o th . N et from railro ad . . U ncollectible revenue. N et after taxes, &c_ A ver. miles of r ’d oper. E A R N IN G S . F reight revenue______ Passenger revenue___ T o t., incl. other rev. Expenses— M a in t .wa y M ain t. of equipm ’t Traffic expenses.. T ransportation exp. T ot.exp.,incl.oth. N et from railro ad ____ T a x e s _____ ____ U ncollectible revenue. N et after taxes, &c_ N et after re n ts______ A ver, miles of r ’d oper. U n io n P acific ----- M o n th o f M a rc h ---------- J a n . 1 to M a r . 31— 1923. 1922. 1923. 1922. 6,712,406 6,134,315 18,707,722 16,384,177 1,339,881 1,298,882 3,691,441 3,578,602 8,828,009 8,151,149 24,562,798 21,921,436 884,409 565,613 2,103,370 1,598,521 1,921,658 1,771,901 5,819.526 4,812,379 355,534 121,227 117,278 364,531 2,593,846 2,471,177 7,694,234 7,197,931 5,943,384 5,372,980 17,239,243 15,291,362 2,884,625 2,778,169 7,323,555 6,630,074 568,136 1,688,901 1,702,170 563,456 842 3,636 1,817 37 2,319,352 2,209,996 5,631,018 4.727,062 2,413,927 2,183,740 5,849,256 4,803.690 3,665 3,708 3,708 3,665 O reg on S h o rt L in e ----- M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. S * $ S 2,403,142 2,522,159 6,985,873 6,559,012 410,684 424,830 1,149.660 1,169,551 3,041,930 3,148,054 8,749,027 8,299,554 865,456 485,376 310.385 1,110,632 629,137 593,732 1,902,756 1,620,389 133,064 123,364 39,765 45,715 964,229 978,955 2,983,602 2,755,351 2,278,960 2,079,689 6,583,512 5,876,470 762,970 1,068,365 2,165,515 2,423,084 755,688 822,775 251,763 274,259 4,077 1,487 2,234 7 511,200 791,872 1,408,340 1,596,232 770,836 1,398,083 1,520,105 520,169 2,359 2,366 2,359 2,366 O reg on W a s h in g to n R R . & N a v ig a tio n -----M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1922. 1923. 1923. S $ $ * 1,650,453 1,615,677 4,785,118 4,507,555 426,764 1,243,193 1,194,368 441,267 2,299,850 2,232,138 6,613,706 6,214,900 973,768 464.662 393,779 1,142,199 448,697 445,383 1,373,715 1,217.376 174,557 171,481 57,712 61,651 1,012,932 973,625 3,214,876 2,892.496 2,128,305 2,025,888 6,320,488 5,705,760 509,140 293,218 171,545 206.250 544,035 181,478 499,983 166,710 Cr. 12 C r. 138 133 194 4,641 24,910 — 206,898 — 34,883 — 51.115 — 48,233 — 399,637 — 267.544 2,218 2,237 2,218 2,238 S t. Jo se p h & G ra n d I s la n d ----- M onth o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 19 22. 1923. 1923. S S * $ 235,861 676,680 638,051 245,530 70,804 73,180 27,249 26,256 276.970 792,044 749,776, 286,346 88,834 83,136 27,670 34,205 153,757 135,648 47.746 52.176 2,752 7,492 8,144 2,723 348,854 147,141 119,518 392,221 680,192 612.211 210,233 248,804 111,852 37,542 66,737 137,565 17,717 39,439 53,305 13,147 100 93 93 72,313 84,167 48,927 24,395 33,282 65,969 39,377 11,884 258 258 258 258 U n i o n R R . (o f P e n n s y l v a n i a ) E A R N IN G S . F reight revenue ___ Passenger revenue___ T o t., incl. other rev. Expenses— M a in t .wa y M aint. of equipm ’t . Traffic expenses__ T ransportation exp. T ot.exp. .incl.otn. N et from railroadT axes. ___________ U ncollectible revenue. N et after taxes, &c_ N et after r e n t s . . ___ A ver. miles of r ’d oper. 13 KAILWAY EARNINGS -----M o n th 1921. $ _______________ o f M a rc h ----- 898,809 69,022 195,280 183 474,884 746,463 152,346 11,000 141,346 245,629 45 1922. % — 713,460 60,689 198,261 269 330,243 596,204 117,256 13,000 104,256 167,913 45 — J a n . 1 to M a r. 3 l— 1922. 1923. S $ ____ — — 2,614,884 2,020,455 152,012 156,073 546,992 520.876 510 627 1,407,864 949,381 2,129,655 1,647,933 485,229 372,522 33,000 39,000 452,229 333,522 692,427 508,172 45 45 U ta h -----M o n th o f M a rc h ---------- J a n . 1 to 1923. 1922. 1923. S 8 118,734 133.476 393,152 661 1,155 2,169 120,426 135,258 398,374 14,137 13,350 43,705 36,071 42,628 119,599 191 1,059 345 26,260 111,473 33,099 86,627 292,026 89,281 48,631 106,348 31,145 9,856 6,591 24,143 21,289 42,040 82,205 14,909 34,403 64,217 102 102 102 V ick sb u rg S h re v e p o rt & 31— 1922. $ 377,444 2,849 382,694 35,433 109,530 870 93,359 252,278 130,416 19,951 110,465 77,021 102 M ar. P a c if ic W e s t e r n M a r y la n d ----- M o n th o f M a rc h ---------- J a n . 1 to M a r . 31—■ 1923. 1922. 1923. 1922. S $ S 1s 1,832,642 1,329,531 4,924,180 3,947,213 75,360 70,328 214,288 215,211 2,011,685 1,502,618 5.447,724 4,480,071 553,645 584,079 183.945 201,425 908,694 338,288 1,436,138 560,024 91,782 103,581 31.198 35,373 726,641 529.879 2,041,792 1,587,957 1,588,415 1,148,368 4,327,869 3,371,413 423,270 354,250 1,119,855 1,108,658 150,000 70,000 50,000 200,000 304,250 919,855 958,658 353,270 402,526 254,381 1,057,613" 786,953 804 804 804 804 W e s te rn P a c ific ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— ----- M o n th o f M a rc h ----1922. 1922. 1922. 1923. 1923. 1923. $ $ $ S $ $ 563,553 239,162 202,587 691.587 673,630 589.159 258,839 86,447 269,204 92,612 166,046 144,697 880,589 909,870 784,589 361,512 310,837 1,047,685 134,302 123,787 132,395 42,439 41,615 141.857 51,242 172.026 184,545 189,891 161,176 63,704 28,098 9,718 30,488 31.220 10,449 29.399 350,077 118,644 358,692 333.506 353,639 119,434 754,784 720,378 734,462 252,042 236,644 742,418 160,211 50,127 74,193 292,901 167,452 109 470 56,131 75,811 75,861 26,729 21,176 86,123 41 1,760 27 104 806 104,039 53,017 215,330 91.564 — 36,100 81,935 83,604 46,941 71,019 182,023 150,872 — 13.048 171 1,040 171 171 1,043 171 — J a n . 1 to M a r . 31—■ 1922. 1923. S $ 2,015.128 1,810,787 366,947 353,558 2,567,542 2,312,326 357,632 390.941 579,908 473,604 88,178 96,042 1,050.689 1,049,856 2,249,424 2.140,949 318,118 171,377 227,601 258.363 204 191 90,313 — 87,177 301,832 — 5,202 1,040 1,043 W e s t e r n R y . o f A la b a m a V irg in ia n ----- M on th o f M a rc h ----1922. 1923. * S 1,899,038 1,754,148 63,940 75,231 2,087,197 1,937,194 189,980 178,705 509,731 387,203 11,074 11,542 529,459 391,010 1,143,214 1,133,489 803.70o 943,983 96,316 99,360 10 707,379 844.623 886,124 722,923 526 540 — J a n . 1 to M a r . 31— 1922. 1923. % S 4.701,292 4,406,629 210,064 182,717 5,207,344 4,889.487 514,022 524,926 1,142,814 1,202,934 34,103 35,605 1,465,447 1,084,463 3,265,491 2,941,739 1,941,853’ 1,947.748 315,460 293,375 34 59 1,626,359 1,654,314 1,766,74? 1,696,422 540 526 W ab ash ----- M on th o f M a rc h ----1922. 1923. $ * 4,439.830 4,210.486 694,730 679,613 5,501,278 5,163.547 618,821 656,389 1,124,287 996,650 116,795 124,256 2,136.916 2,101,136 4,216,463 4,011,546 1,284.815 1,152,001 188,557 188,775 2,187 2,233 961.211 1,093.853 819,196 690,505 2,472 2,472 — J a n . 1 to 1923. S 11,947,680 1,956,501 14.983,010 1,841,793 3,256,637 317,260 6,167,734 12,116,719 2,866,291 566,325 5,454 2,294,512 1,458,436 2.472 ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. S $ $ S 114,236 459.397 309,497 167,715 60,670 202.743 174,571 64,586 256,449 201,085 723,135 544,096 28,082 27.607 87,036 75,703 49,275 46,147 137.884 142.853 10.744 10.61 1 29,. 35 25,840 80,390 70,529 239,608 203,587 171,102 537,200 488,823 179,755 185.935 76,694 29,983 55,273 43,575 20,175 19,178 6.725 5 57,516 23,258 35,098 142,355 23,872 134,627" ' 37.388 54,711 133 133 133 133 W h e e lin g & L a k e E rie ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31-— 1923. 1922. 1922. 1923. 8 S * S 1,167,627 1,171.065 3,004,575 2,959,293 62,587 68,703 175,386 199,788 1,330.759 1,304,309 3,458,619 3.336,222 132,271 156.908 315,192 404,926 403,159 272.423 1,193,901 693,541 17,612 42,927 53,379 14,897 462,144 428.071 1,326,955 1,220,067 1,047,766 914,336 2.986,341 2,487,733 282,993 389,973 472,278 848,489 100,797 132,963 297,391 320,889 26 25 33 216 182,171 256,984 174,854 527,384 230,231 163,657 95.44T 432,066 511 511 511 511 W ic h ita F a lls & N o rth w e s te rn 31— ----- M o n th o f M a r c h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1922. 1923. 1922. 8 $ * * 11,253,561 53,228 93.657 194.994 275,186 1,951,052 16,645 20,784 47,000 62,193 13,998,159 77.991 124.062 260.856 363,672 1,774.146 26,090 43.361 3,085 64,749 21,401 2,784,751 18.597 61,835 69,877 346.017 559 1.344 3,179 4,160 6,065,802 42,774 55,687 130,174 161,276 11,493,509 82,928 120.911 281,946 333,352 2,504,650 — 4,937 3,151 — 21,090 ’ 30,320 12,030 565,669 11,250 33,750 36,089 2,732 120 89 153 890 1,936,249 — 16,307 — 8,968 — 54,993 — 6,659 1,161,796 — 24,731 — 26,032 — 87.780 — 57,228 2,4721 329 3 2 9 1 .^ 1 ,3 2 9 _ te a 329 M ar. 14 [VOL. lift. RAILWAY EARNINGS COMPANY RETURNS All th e figures in th e foregoing p ages are tra n s crip ts of th e m o n th ly re tu rn s as filed w ith th e I n te r -S ta te C o m m e rce C o m m is sion a t W a sh in g to n . A few railro ad com p an ies also issue m o n th ly s ta te m e n ts of th eir ow n , an d som etim es th ese co m p a n y s ta te m e n ts go beyond th e req u irem en ts of th e C om m ission an d give ad ded item s of in fo rm atio n . B esid es th is, a n u m b er of com p an ies — n o ta b ly th e P e n n sy lv an ia R a ilro a d — issue co n so lid ated s ta te m e n ts , show ing resu lts fo r th e sy ste m as a w h ole, w h ereas th e C o m m e rce C om m ission req u ires re tu rn s fro m each c o n stitu e n t ro ad s e p a ra te ly . I t is o u r purpose th a t .each issue of th e “ R ailw ay E a rn in g s S e ctio n ” shall furnish an ab so lu tely co m p lete reco rd of all m o n th ly re tu rn s , in w h a te v e r fo rm issu ed, th a t m a y be p u t o u t b y a n y steam railro ad in th e U n ited S ta te s . A cco rd in g ly , we b rin g to g e th e r h ere all th e co m p a n y s ta te m e n ts w here th e y differ in a n y w ay from th e re tu rn s to th e C o m m issio n , o r w here th e y e m b ra ce m o re f a c ts th a n a re co n tain ed in such retu rn s. I t 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 fig u res am ong the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission. P e n n s y l v a n i a S y s te m ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1922. 1923. 1923. 1922. R evenues — $ $ $ 44,366,055 42,136,311 118330,592 106085.626 F reig h t----------------------------------P assenger------------------------------- -------14.036.766 12,717,003 41,427,986 37,627,356 M a U ---------------------------961,947 946,130 2.669.981 2.618,241 E xpress____________________________ 1,895.481 1,129,646 5,093.516 2,854,151 AH o ther tran sp o rtatio n __________ 1,249,421 915,261 3,481,507 2,866,933 In c id e n ta l________________________ 1,750.466 1,379.585 5,158.476 4,227.619 117,790 Jo in t facility— C re d it.......................... 102.807 34.965 229.938 64,682 Jo in t facility— D e b it_____________ 92,109 17,038 149,253 R ailw ay operating revenues_____64,270,834 59,241,863 176242,743 156333,034 E x p e n se s — M ain ten anceofw ay and stru c tu re s. 5,513,204 5,813,459 15,551,481 14,938,212 M aintenance of equipm ent________ 16,800,607 14,434,391 48.298,284 40,155,220 T ra ffic .................................................. 662,076 588,396 1,955.430 1,761,114 T ra n sp o rta tio n ......................... 26,316,585 21,412,886 77,005.212 62,015,008 M iscellaneous o perations___- ___ 863,848 808,043 2,546.652 2,334,743 G e n e ra l....................... 1,562.648 1,431,018 4,572,223 4,407,735 2,679 10,665 T ran sp 'n for investm ent—C re d it__ 4,109 1,018 75 R ailw ay operating expenses_____ 51,714,859 44,487,075 149918,617 125609,353 N e tre v . from railw ay o perations. 12,555,975 12,754,788 26,324,126 30,723,681 R ailw ay tax accruals______________ 2,381,959 1,873,988 5,686,430 4,534,512 19,387 36,862 U ncollectible railw ay revenues____ 17,765______8,211 R ailw ay operating incom e______ 10,156,251 12,872,589 20,600.834 26,169.782 E qu ip m ent ren ts—N et d e b it______ 952,628 744,728 3,336.867 2,030,008 59,088 221,546 Jo in t facility rente— N ot d eb it_______ 268,478 31,436 N et railw ay o perating Incom e.__ 8,935,145 12,096,425 17,042,421 24,080,686 s B e lle fo n te C e n tra l ----- M o n th o f M a rc h ---------- J a n . 1 to M a r . 31— 1922. 1922. 1923. 1923. $ 88.283 21.856 Gross receipts— ____ _____________ 13,921 36,211 Operation_________ ________________ 11,511 6,256 34,399 19.759 2,098 2,409 2,026 1,812 N e t - - ........................ 360 Interest and taxes_________________ 120 360 120 S urplus____________ _________ __ 1,906 1,452 1,737 2,289 S t. L o u is-S a n F r a n c is c o (In c lu d in g S u b s id ia ry L ines) ----- M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— 1921. 1922. 1923. 1922. M ile a g e _______________ 5,155 5,165 5.155 5,165 5 % % S F reight re v e n u e __________ 5,403.129 4,893,580 14,918,046 13.452,730 Passenger re v e n u e _______________ 1,530,046 1,456,208 4.600,666 4,190,495 M iscellaneous revenues___________ 533,113 411,654 1.436.710 1,316,846 T o tal operating revenues______ 7,466,288 6,761.442 20.950,422 18,960,071 M ain ten a n c e o fw ay a n d stru c tu re s. 800,473 924,223 2.069,542 2,414,507 M aintenance of equ ip m en t_______ 1,581,553 1,341,058 3,696,357 3,698.671 T ransportation expense___________ 2,907.238 2,608,860 8.289,434 7,447,085 M iscellaneous expenses___________ 235,999 289,299 1,366,058 829,781 T otal operating expenses_______ 5,505,263 5.163,440 15,421.391 14,390,044 Taxes, hire of equip., jo in t facility ren ts (less other incom e)_______ 424,924 333,254 1,203,448 837,304 B alance available for rentals, sink funds, fixed charges, &c_______ 1,536,101 1,264,748 4,325,583 3,732,723 S t. L o u is S o u th w e s te rn (In c lu d in g S t. L o u is S o u th w e s te rn of T exas) — M on th o f M a rc h ----- — J a n . 1 to M a r . 31— 1923. 1922. 1922. 1923. _ 2.567.663 2.124.895 7.458,335 5,830,364 2,008,673 1,728,542 5,910,344 4,785,158 N et rev. from railw ay operation 558.990 396.353 1,547.991 1,045,206 120,230 95,024 311,834 247,361 438,759 301,328 1,236.156 797,845 - 33.748 7,283 168 75,245 T otal railw ay operating IncomeI. 472,508 308,612 1,236.324 873.090 D eductions from ry. oper. incom e1. 80,850 89,971 239,729 217,038 N et railw ay operating Incom e.. 382,536 227.762 996.594 656,052 N on-operating incom e___________ 37.415 35,510 118,719 104,748 760,801 G ross incom e_______________ . . . 419,952 263.272 1,115,314 - 211.162 213,760 638,481 646,802 N et Incom e. 208,790 49,512 476,832 113,998 S o u th e r n P a c if ic — o n th o f M a rc h ----- — J a n . 1 to M a r . 31— M 1923. 1922. 1923. 1922. A verage miles o f road o p erated ___ 11,222 11,225 11,222 11,222 -----M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— x Revenues— * * 1922. 1923. 1922. 1923. 15,092.582 43,563,477 38,436,749 $ S S $ Passenger_________________________ 5,000,162 7,682,984 14.137,516 13,420,230 Gross e&rntos*----------- ..---------- ----- 13,585,762 13,847,626 37,894.541 36,489,294 M a i l . . . __________________________ 307.671 323.028 969,357 892,185 working expenses_______ ____ ____ 11,606,049 11,427,120 34,699,308 32,930.823 E x p re s s __________________________ 671,530 408,645 1,735.818 998,617 459,490 1,448,973 1,238,391 other 1,979,713 2,420,506 3,195,233 3,558,471 Allc id e n ta tran sp o rtatio n __________ 528,875 NetprafltB-------In l_______________________ 505.017 475,645 1.493,555 1,408,531 15,123 Jo in t facility— C red it_____________ 7,292 40,069 30,026 Jo in t facility— D eb it_____________ — 4,650 — 2,737 — 17,424 — 9,794 F o n d a J o h n s t o w n & G lo v e rs v ille R ailw ay operating revenues____22,922,088 20,446,928 63.371,345 56,414,935 E x p en ses — — M onth o f F eb ru a ry — ----- J a n . 1 to F eb . 28----- M aintenance o f w ay and stru c tu re . 3,436,539 2.967,570 10,021,151 8,746,730 1923. 1922. 1922. 1923. M aintenance o f equipm ent_______ 4,240,374 3,796,541 12,360,016 10,946,289 O peraliner In c o m e — * 8 S S r f ic 409,204 355.108 1,256.434 1,058,039 F reight revenue ________ __________ 50,029 44,447 96.312 78,776 T raanf sp o._______________ T rtatio n ___________________ Passenger revenue—steam division 4,266 2.587 8,604 5,233 M iscellaneous____________________ 7,892,578 7,446,989 22,741,532 21,743,626 330,836 306,621 894,606 969,093 Passenger rev .—electric d iv isio n .. 148.958 70,037 145.853 G eneral___________________________ 702,322 69,465 675,667 2,093.619 2.799 All other rev. from tran sp o rtatio n . 3,612 7,572 6.219 T ran sp ’n for Investm ent— C r_____ — 73,261 — 29,196 — 192,227 2,019,526 — 80,758 R ev. from other railw ay operations 779 844 1,665 1 .762 R ailw ay operating expenses____16,938,594 15,519.300 49,249,621 45,328,058 120,716 263.1 14 237.845 T otal o perating revenues 128,153 1 — R ailw ay oper. exp. (not In cl. taxes) 72,836 66,418 156,564 136,914 N etncom efrom railw ay o p e ra tio n s.. 5,983,493 4.927,627 14,121,723 11,086,877 rev. 57.56% R ailw ay tax accruals_____________ 1,555,958 1,579,233 4,665,777 4,540,002 N et rev. from railw ay o perations 66.84% 55.02% 59.50% 5,853 10,754 R ailw ay tax accruals _________ 54,298 106,549 100,931 U ncollectible railw ay revenues____ 21,178 55,316 26,942 238.687 792,284 689,489 R ailw ay operating bloom s _____ 7,840 15,680 11,550 E quipm ent ren ts (n et)____________ 233,871 5,775 4,835 — 8,430 — 50.249 — 34,606 M iscel. oper. Income (or loss)_____ 90.869 47,476 48.523 89,381 Jo in t facility ren t (n et)___________ N et railw ay operating in co m e .. 4,182,975 3,107,383 8,692,733 5,865,050 — 292 — 467 — 1 ,287 — 1.182 T o ta l operating income_________ N on-operating' In c o m e ___________ 47,184 89,582 88,198 48.055 U n io n P a c if ic G ross incom e_______ ___ 3.278 6,106 3,095 6,505 D educt— R ents for l«a»*d road s__ 50,462 94.304 51,151 96,087 -— M on th o f M a r c h — J a n . 1 to M a r . 31— O ther ran ts accrued—d eb its____ 1.350 1 .350 675 675 1922. 1922. 1923. 4,414 8.284 A verage miles of road o p erated ___ 1921. In terest on fundi-d d e b t. . ____ 14.977 8,475 9.462 9 369 9.457 9,369 26,549 53,098 S In te rest on unfunded d e b t -----24.229 48.458 S $ S O perating Revenues — M iscel. inc. c h a rg e e ______ ___ 1,719 849 3,900 1 ,400 n __________________ 68.686 64.133 F reight re v ev euneu e _______________ .12.082,956 11,318,765 33,956,548 7,009,528 T o tal deductions from gross in c. 32,487 35.098 . 2,661,705 2,522,223 7,383,402 Passenger re 355,285 1,160,671 1,022,036 N et la ta iB t____________________ 15,364 18,663 30,171 M ail revenue_____________________ .. 408,898 27,401 Express revenue_______________ _ 360,169 326,728 908,553 814,925 . 341.084 344.539 981,799 959.682 All other tran sp o rtatio n ____ In c id e n ta l__________________ . 254,647 237.389 748.181 667,560 T h e K a n s a s C ity S o u th e r n enues____16.109,459 15.104.929 45,139.154 40. 16,109,459 15,104,929 45,139,154 O perating E x p en ses— (Z n elod in g T e x a rk a n a & F o r t S m ith ) M aintenanceofwayandstructures.. 2,141,493 1.581.586 5,192,978 4,261,686 ----- M onth o f M a rc h ----- — J a n . 1 to M a r . 31— Mraintenance o f equ ip m en t_______ .. 3,456,753 3.191.051 10.429,289 8,704,973 T a ff ic ________ 271,121 264,565 796,430 793,714 1922. 1922. 1923. 1923. Transportation. ___ - 5,192,118 4,939.790 15,762,201 14,458,190 % S $ $ iscellaneous o perations__________. 275,117 257,860 810,250 757,229 G ross re re o a e ------------------------ ------ 1,863,613 1,728,859 5,538,778 4,788,616 Meneral. 598,476 1.61S.732 1,783,877 O perating expanses------------------------ 1,390,672 1,295,360 4,010,365 3,561,751 G ran spo rt’n for investm ent— C r ... 553,078 9,757 7,687 28,369 22,192 N et re v e n u e s --------------------------- 472.940 433,498 1,528,413 1,226.865 T ailw ay operating expenses--------- .11,873.367 10,832,197 34,581,511 T a x e s _________________________ __ 110,741 295,119 332,224 R In com e — 99,418 O perating lasom a_____ _________ 373,522 322,756 1,233,293 894,640 N et rev. from railw ay o p eratio n s... 4,236,092 4,272,732 10,557.643 R ailw ay tax accruals_____________- 1,094,944 1,134,489 3,283,382 U ncollectible railw ay revenues____ 2,432 2.192 6,922 R ailw ay operating incom e_______ . 3,138.716 3,136,051 7,267,339 M sso u rl K an sas & Texas 86,922 — E t_____________ 108,130 -----M o n th o f M a rc h ----- — J a n . 1 to M a r . 31— Joquipm ent ren ts,t,nne e t____________. — 67,043 — 94,401 — 185,894 70,035 in t facility ren 1923. 1922. 1923. 1922. N e t____________________________ 3,158,595 2,971,615 7,189,575 S $ $ $ O per. ratio (revenues over exp.)_. 73 70 71 71 7 61 M iles o perated (average^__________ 3,737 3,738 3,738 3.737 Pacific and Oregon Short now own O perating re v e n u e _______________ 4.612,611 4,342,663 13,345,425 11,932.401 allNote.— The Union of the Los Angeles & Salt Line R ailroad com panies this com the stock Lake R ailroad Co. O perating expenses______ . . . . ____ 3,715,421 2,884,627 11,154,385 8.699,720 pany iscapitaloperated as a p a rt of th e "U nion Pacific S ystem ,” and effective now and N et operating rovenaa__________ 897,189 1,458,036 2,191,040 3,232.681 w ith the m onth of Jan u ary 1922 th e figures for th a t com pany are included in Taxes accrued ----------- _ _ 191,167 250,150 605,207 618.654 for the corresponding of year O perating incom e— --------- -------- 706,021 1,207,885 1,585.833 2,614,027 the system figures, the figures for the Los Angeles & periodLake th eailroad 1921 being restated to include those Salt R Oo. D educ. from incom e, less other m e. 700,899 103,611 541,397 333,48t for the purpose of com parison. U nion Pacific System figures for years previous B a la n c e _______________ _ 1,406,921 1,104,274 2,127,230 2.280,512 to th e year 1921 are therefore n o t com parable w ith those here published. C a n a d ia n P a c if ic B l aINCORPORATED ir & > Co 3 4 BROAD STREET NEW YORK INVESTMENT SECURITIES Buffalo B oston C leveland Detroit M ilwaukee M inneapolis Pittsburg] R ochester Scranton St. Louis Chicago Los A ngeles Philadelphia San F rancisco Syracuse
@FedFRASER