Full text of Commercial and Financial Chronicle : May 15, 1926 : Railway Earnings Section, Vol. 122, No. 3177

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TWO SECTION S—S E C T I O N T WJO

RAILWAY EARNINGS
SECTION OF THE

Commercial & Financial Chronicle
Copyrighted in 1926 according to Act of Congreti, by WILLIAM B. DANA COMPANY, in office of Librarian of Congrett, Wathington, D. C«

VOL. 122.

NEW YORK, MAY 15, 1926.

NO. 3177.

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.

T

The figures are a transcript of the sworn returns on file at]Washing­
ton. They have the further advantage of uniformity of method
and classification. Every company is obliged to make up its returns on the same basis
and in the same way as every other company.
The “Chronicle” has always made a specialty of weekly and monthly
Earnings
reports of railroad earnings, and for nearly fifty years its weekly and
Our Specialty.
monthly summaries have been everywhere accepted as authoritative.
The present publication is in continuation of this work.
These Inter-State Commerce returns also make it possible for us
Full Details.
to present full details of both the revenues and expenses. Besides
showing total gross earnings, we indicate separately the passenger and the freight
revenues. In the case of the expenditures we report the outlays for both maintenance
of way and maintenance of equipment as well as the traffic and transportation expenses.
We also show the railway tax accruals and the net earnings after the deductions of such
taxes and also the deduction of the comparatively trifling item of uncollectible railway
revenues. In addition, we indicate the net earnings remaining after the deduction of
certain rents, namely equipment rents and joint facility rent. We conclude by giving
the miles operated on which the earnings are based.
Sworn Returns.

cen^s we ^ave necessarily been obliged to discard altogether, and
’ if in any case the results should happen to vary a dollar, one way or
the other, from exact proof, the reason for the variance will be found in that circumstance.

Cents Discarded

Cnmnanv R^nrnc To make this publication absolutely complete, we add statements
Also Given
®
en<^
8^ow a^so the 6gures issued by the companies thems
ve '
selves, where they are made up on a basis different from that of the
Commerce Commission returns, or where they give additional items of information, or
where, as sometimes happens, figures are issued by the companies in consolidated form,
so as to show results for the system as a whole, instead of each constituent road separately.
The matter contained in this extra and novel publication is entirely
Other Returns
additional to the comprehensive reports of earnings we 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 impos­
sible to obtain copies in any other way, as none will be printed for general sale.

WILLIAM B. DANA COMPANY. PUBLISHERS
NEW YORK
90 Pine Street




136-138-140 Front Street




May, 1926.]

RAILWAY EARNINGS

3

GENERAL INDEX
TO ROADS APPEARING IN THIS SECTION.
Name—

Page.

Akron Canton & Youngstown_________ 4
Alabama & Vicksburg_______________ 4
Alabama Great Southern. See Southern.il
Ann Arbor_________________________ 4
Arizona East. Now incl. in South. Pac._12
Atchison Topeka & Santa Fe____ 4 and 14
Atlanta & West Point_______________ 4
Atlanta Birmingham & Atlantic_______ 4
Atlantic & St. Law. See Can. Nat. Sys. 5
Atlantic City_____________________ 4
Atlantic Coast Line_________________ 4
Atlantic Steamship Lines. See So. Pac.12
Baltimore & Ohio___________________ 4
Baltimore <fe Ohio Chicago Terminal__ 4
Baltimore Ches. & Atlantic. See Penn. 10
Bangor & Aroostook________________ 4
Beau Sour L.& W. See N.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 National System___________ 5
Canadian National Railways_________ 14
Canadian Pacific__ ________________ 14
Canadian Pacific Lines in Maine______ 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 Canadian Nat. System. 5
Chicago Great Western_______________5
Chicago Indianapolis & Louisville_____ 5
Chicago Junct. Zncl. in Chic. Riv. & Ind. 6
Chicago Milwaukee & St. Paul________ 6
Chicago Peoria & St. Louis RR_______ 6
Chicago River & Indiana__ __________ 6
Chicago Rock Island & Gulf__________ 6
Chicago Rock Island & Pacific________ 6
Chicago St. Paul Minn. & Omaha___ 6
Chie.Ter.Hau.&Sou. Incl.in C M&St.P. 6
Cincinnati Indianapolis & Western___ 6
Cine. Leb. & Nor. Now incl. in Penn. .10
Cine. New Orl. & Texas Pac. See South. 12
Cincinnati Northern. See N. Y. Central. 10
Cleveland Cincinnati Chicago & St.
Louis. See N. Y. Central_________ 10
Clinchfield__________________________ 6
Coal & Coke. Incl. in Baltimore & Ohio 4
Odor ado & Southern_______________ 6
Columbus & Greenville_______________6
Cumberland Val. & Martinsburg. Now
included in Pennsylvania__________ 10
Delaware & Hudson________________ 6
Delaware Lackawanna & Western_____ 6
Denver & Rio Grande Western________ 6
Denver & Salt Lake_________________ 6
Detroit & Mackinac________________ 6
Detroit & Toledo Shore Line__________ 6
Det. Gr. H. & Mil. See Can. Nat. Sys. 5
Detroit Terminal___________________ 6
Detroit Toledo & Ironton____________ 6
Duluth & Iron Range______________ «
Duluth Missabe & Northern__________ 7
Duluth South Shore & Atlantic________ 7
Duluth Winnipeg & Pacific___________ 7




Name—
Page.
Name—
Page.
New Orleans Texas & Mexico_________ 9
East St. Louis Connecting. Now incl.
New York Central_________________ 10
in Term. RR. Assn, of St. Louis___ 12
El Paso&Southw. Now incl. in Sou.Pac.12 New York Chicago & St. Louis------------ 9
Elgin Joliet & Eastern_______________ 7 New York Connecting______________ 10
Erie______________________________ 7 New York New Haven & Hart.__10 and 14
Evansville Indianapolis & Terre Haute. 7 Newr York Ontario & Western__10 and 14
Florida East Coast_________________ 7 N Y. Phila. & Norf. Now incl. in Penn.10
New York Susquehanna & Western------10
Fonda Johnstown & Gloversville_____ 14
Fort Smith & Western______________ 7 Norfolk & Western_________________ 10
Fort Worth & Den. City. See Col.&Sou. 6 Norfolk Southern__________________ 10
Fort Worth & Rio Gr. See St. L-S. F...11 Northern Alabama. See Southern----------12
Galv. Harrisb. & San Ant. See Southern
Northern Pacific__________________ 10
Pacific_________________________ 12 Northwestern Pacific_______________ 1®
Galveston Wharf_________________ 7 Oregon Short Line. See Union Pacific.. 13
Georgia___________________________ 7 Oregon-Wash RR. A Nav. See Un. Pac.13
Georgia & Florida____________ 7 and 14 Panhandle & Santa Fe. See Atchison--- 4
Georgia Southern & Fla. See Southern. .12 Pennsylvania Railroad and Co__________ 10
Grand Rapids & Ind. Now incl. in Penn. 10 Peoria & Pekin Union_______________10
Grand Trk. System. See Can. Nat. Sys. 5 Pere Marquette___________________ 11
Grand Trunk Western. _______________7 Perkiomen___________________ —11
GreatNorthern_____________________ 7 Pittsburgh & L. E. See N. Y. CentraL.10
Green Bay & Western..____________ 7 Pitts. C. C. & St. L. Now incl. in Penn.10
Gulf & Ship Island_________________ 8 Pittsburgh Shawmut & Northern-------- 11
Gulf Colo. & Santa Fe. See Atchison___ 4 Pittsburgh & Shawmut______________ 11
Gulf Mobile & Northern____________ 7 Pittsburgh & West Virginia__________ 11
Hocking Valley________________
8 Port Reading_____________________ 11
Houston & Texas Cent. See Sou. Pac__ 12 Quincy Omaha & Kansas City----------- 11
Houston East & West Tex. See So. Pac. 12 Reading Co. Sue. to Phila. & Read----- 11
Illinois Central System..’_____________ 8 Richmond Fredericksburg & Potomac_.il
Illinois Central_____________________ 8 Rutland___________________________ 11
Indiana Harbor Belt. See N. Y. Central. 10 St. Joseph & Grand Isl. See Union Pac..13
International & Great Northern_______ 8 St. Louis-San Francisco_______ 11 and 14
Kanawha & Michigan. Now included in
St. L. Brownsv.& Mex. See N.O.T.& M. 9
New York Central_______________ 10 St. Louis Merchants Bridge & Terminal.
Kansas City Mexico & Orient RR______ 8
Incl. in Term. RR. Assoc, of St. Lo._12
Kan. City Mex. & Orient Ry. Co. of Tex. 8 S.L.-San Fran.&Tex. SeeSt.L.-San Franll
Kansas City Southern_________8 and 14
Louis Southwestern________ 11 and 15
Kansas Oklahoma & Gulf____________ 8 St.
St.Louis
S.W.Ry.of Tex.See St.L.&S.W.ll
Lake Erie & Western. Now included in
St. Louis Transfer. Now included in
New York Chicago & St. Louis_____ 9
Terminal RR. Assn, of St. Louis----- 12
Lake Superior & Ishpeming___________ 8
San
Antonio & Aran. Pass. Incl. in Gal.
Lake Terminal_____________________ 8
Harrisburg & San Antonio________ 12
Lehigh & Hudson River______________ 8
Lehigh & New England______________8 San Antonio Uvalde & Gulf-------------- 11
Lehigh Valley______________________ 8 Seaboard Air Line_________________ 11
Long Island. See Pennsylvania___ ^..10 Southern Railway__________________11
Los Angeles & Salt Lake______________8 Southern Pacific_____________ 12 and 15
Louisiana & Arkansas_______________ 8 South. Ry. in Miss. See Col. & Greenv. 6
Spokane International_______________ 12
Louisiana Railway & Navigation Co__ 8
Spokane Portland & Seattle__________ 12
Louisiana Ry. & Nav. Co. of Texas___ 8
Staten Island Rapid Transit_________ 12
Louisiana Western. See SouthernPac. 12
Louisville & Nashville_______________ 8 Tennessee Central_________________ 12
Terminal Railroad Assn, of St. Louis..12
Louisville Henderson & St. Louis_____ 9
Maine Central_____________________ 9 Texarkana & Ft. Smith. See Kan. O. So. 8
Michigan Central. See N. Y. Central..10 Texas & New Orleans. See So. Pac------12
Midland Valley_____________________9 Texas & Pacific___________________ 12
Minneapolis & St. Louis______________9 Tol.& Ohio Cent. Now incl.in N. Y.Cent.10
Minneapolis St. Paul & S. S. M________ 9 Toledo Peoria & Western. See Penn___ 10
Toledo St. L. & West. Incl. in N. Y. C.
Minneapolis St. P. & S. S. M. Ry.Co._14
& St. Louis______________________ 9
Mississippi Central__________________ 9
Missouri & North Arkansas___________ 9 Trinity & Brazos Val. See Col. & South. 6
Ulster & Delaware__________________13
Missouri-Kansas-Texas, including Wich­
ita Falls & Northwestern____ 9 and 14 Union RR. (of Pennsylvania)________ 13
Missouri-Kansas-Texas Ry. of Texas___ 9 Union Pacific_______________ 13 and 15
13
Missouri Pacific____________________ 9 Utah________
Mobile & Ohio_____________________ 9 Vicksburg Shreveport & Pacific----------- 13
13
Monongahela. See Pennsylvania_____ 10 Virginian______
Monongahela Connecting_____________ 9 Wabash___________________ ;--------- 13
Montour__________________________ 9 West Jersey & Seashore. See Penn____ 10
Western Maryland___________ 13 and 14
Morgan’s Louisiana & Texas RR. & SS.
Co. See Southern Pacific_________ 12 Western Pacific__________________ -I3
Nashville Chattanooga & St Louis_____ 9 Western Railway of Alabama________ 13
Nevada Northern___________________ 9 Wheeling & Lake Erie_______________ 13
Newburgh & South Shore_____________ 9 Wich. Falls & Northw. Incl. tnM.-K.-T. 9
New Jersey & New York. See Erie____ 7 Wichita Valley. See Colo. & Southern. 6
New Orleans & North East. See South. 12 Wisconsin Central_________________ 15
New Orleans Great Northern_________ 6 Yazoo & Miss. Val. See Illinois Cent— 8

4

[Vol. 122.

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 1926, as compared with
March 1925, 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 SI,000,000 per annum. Prior to the taking over
of the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthly
returns were required from all carriers having railway operating revenues in excess of S100,000 per annum.
In the closing page of this publication—page 14—we also give the Company returns where these differ in any
way from the Commerce Commission returns or embrace more facts than are contained in the latter.
Akron Canton & Youngstown

1

i

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint.way,
Maint. of equipm’t. 1
Traffic expenses__ ’
Transportation exp. ,
Tot.exp.,incl.oth.
Net from railroad___
Taxes _
_.
__ |
Uncollectible revenue, j
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

1926.

1925.

1926.

264,765
321
277,052
48,655
32,148
11,228
77,990
185,801
91,251
19,150
333
71 .768
40,028
171

236,958
498
246,349
35,539
26,620
10,122
70,655
153,936
92,413
13,333
72
79,008
46,933
171

734,138
1.174
771,384
141,467
85,258
34,539
234,115
539,012
232,372
55,200
729
176.443
79,711
171

S

$

1925.
8
65.J.880
1.488
697,212
102,634
75,914
32,194
204,591
447,819
249,393
39,052
108
210.233
113,477
171

Alabama & Vicksburg

EARNINGS.
Freight revenue
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes . _
...
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

,

1926.
$'
451,569
25,519
489,933
45,047
108,972
11,496
220,739
398,532
91 ,401
23,200
7
68,194
55.406
293

1925.
S
420,421
25,625
462,029
28,745
94,614
10,414
205,428
354,744
107,285
7,223
20
100,042
77,799
293

1926.
s
1,297,494
76,855
1,413,968
94,122
299,848
32,976
622,773
1,090,864
323,104
69,600
54
253,450
209,165
293

Includes Coal & Coke

-----Month of March— —Jan. 1 to March 31—

1925.
s
1,227,079
85,753
1,358,151
80,149
274,505
29,742
606,898
1,037,545
320,606
51,223
105
269,278
191,431
293

1926.
16,217,664
2,040,242
19,596,489
2,300,400
4,844,337
403,819
7,187,647
15,429,462
4,167,027
881,448
3,277
3,282,302
3,094,784
5,294

1925.
15,418,601
2,130,702
8.793,465
2,150,196
4,694,379
377,010
6,985,029
14,894,794
3,898,671
843,463
4,640
3,050,568
2,731,915
5,292

1926.
17,130,698
6,211,632
56,789,281
6,901,136
3,439,800
1,173,927
21,646,769
45,182,579
11,606,702
2,660,109
11,031
8,935,562
8,176,915
5.294

1925.
14,123,720
6,313,087
53,980,997
6,451,653
13,469,156
1,099,45/
20,964,962
44,007,955
9,973,042
2,529,383
8,829
7,434,830
6,540,474
5,292

P & O Chicago Terminal

At.1 a»-ta & West Point

-----Month of March------ —Jan. 1 to March 31— -----Month of March------- —Jan. 1 to March 31— -----Month of March— —Jan. 1 to March 31—

1926.
8
227,180
48,709
295,383
40,727
53,902
10,338
92,653
216,234
79,149
30,646
60
48,443
48,065
141

1925.
8
228.370
54,170
304,826
35,259
43,950
10,017
94,747
200,388
104,438
33,506
28
70,904
76,679
141

1926.
$
635 063
153,274
844,492
134,318
154,008
30,837
294,370
665,500
178,992
85,203
91
93,692
96,784
141

1925.
$
621 096
167,912,
852,296
100,072!
146.526
29,607|
291,204.
616,317
235,979
86,592
83
149,304
164,056
141

1926.
$
179 681
65,903
280,463
49,280
47.882
10,563
101,302
225,143
55,320
17,076
44
38.200
26,946
93

Atchison Topeka & Santa Fe

----- Month of March----- —Jan. 1 to March 31—

1926.
1925.
1926.
1925.
Freight revenue_____ 11,270,401 10,287,472 30,666,329 30,463,493
Passenger revenue__
3,087,465 3,000,045 9,684,227 9,596,627
Tot., incl. other rev. 15,711,311 14,602,756 43,963,752 43,793,160
Expenses—Maint. way 2,518,791 2,434,966 5,797,038 5,481,249
Maint. of equipm’t. 3,130,249 3,436,002 9,252,057 10,044,962
Traffic expenses__
348,678
348,208 1,062,861 1,021,693
Transportation exp. 4,762,295 4,973,994 14,496,704 14,882,267
Tot.exp.,incl.oth. 11,095,111 11,591,397 31,557,202 32,597,056
Net from railroad___
4,616,200 3,011,359 12,406,550 11,196,104
Taxes . .
1 340,102 1 087 419 3 818 726 3 633 501
Uncollectible revenue.
5,373
3,662
7,032
6,077
Net after taxes, &c. 3,270.725 1.920,278 8,580,792 7,556,526
Net after rents_____
3,242,571 1,857,890 8,712,650 7,440,052
Aver, miles of r’d oper.
9,219
9,186
9,219
9,183
Gulf Colorado & Santa Fe
----- Month of March----- —Jan. 1 to March 31—
EARNINGS.
1926.
1925.
1926.
1925.
8
8
8
8
Freight revenue_____
1,874,099 2,025,722 5,313,943 6,027,602
Passenger revenue__
206,802
245,454
678,529
788,348
Tot., incl. other rev. 2,223,290 2,406,382 6,382,419 7,231,994
Expenses—Maint .way
483,398
638,623 1,387,629 1,483,368
Maint. of equipm’t.
488,541
506,611 1 ,387,108 1 .531,724
Traffic expenses__
50,325
56,739
153,043
154,345
Transportation exp.
763,790
739,955 2,249,593 2,206,122
Tot. exp. .incl. oth. 1.845,337 2.008.140 5.354.585 5,572.967
Net from railroad___
377,953
398,242 1,027,834 1,659,027
Taxes
...
92,185
87,659
276,736
256,797
Uncollectible revenue.
414
545
3,164
1,912
Net after taxes, &c.
285,354
310,038
747,934 1,400,318
Net after rents _
159,327
177,266
414,966 1,008,394
Aver, miles of r’d oper.
1,908
1,908
1,908
1,908
Panhandle & Santa Fe
-—— Month of March----- —Jan. 1 to March 31—
EARNINGS.
1926.
1925.
1926.
1925.
$
8
8
8
Freight revenue _____
821,251
601,997 2,302,807 2,079,086
Passenger revenue__
113,183
104,570
355,104
311,425
Tot., incl. other rev.
995,471
762,307 2,831,436 2,538,628
Expenses—Maint .way
109,078
217,625
235,484
391,838
Maint. of equipm’t.
187,817
174,828
537,372
530,685
Traffic expenses__
9,035
8,028
29,061
25,633
Transportation exp.
266,753
237.771
771,604
711,752
Tot .exp. ,incl .oth.
595,042
656,836 1,629,445 1,713,581
Net from railroad___
400,429
105,471 1,201,991
825,047
Taxes . ____
_____
54,272
18,527
174,337
116,611
Uncollectible revenue.
151
361
475
665
Net after taxes, &c_
346,016
86,583 1,027,179
707,771
Net after rents ___
292,212
35,998
881,320
553,716
Aver, miles of r’d oper.
923
858
923
858




1925.
ft

175 107
63,925
274,708
36,724
48,750
10,220
97,438
*>0R 344
66,364
14,110
58
52.196
41,865
93

1925.
8
453,023
209,626
762,171
79,420
135,189
29,810
296,411
605,536
156,635
41,086
295
115,254
84,362
93

1926.
8
484,280
208,995
789,406
121,567
133,055
32,281
287,952
623.505
165.881
44,226
185
121,470
79,399
93

1926.

8

1925.

1926.

ft

ft

305,101
39,547
40,558
1,985
169,588
271,960
33,141
42,287

292,764
47,061
54,022
2,329
168,417
288,538
4,226
35,521

—9,146
111,887
80

—31,295
73,065
80

____
856,305
94,437
95,868
5,772
494,665
734,499
121,806
134,855
35
—13,084
290,209
80

1925.
8
_ -_ 847,445
97,207
140,202
5,969
518,133
809,671
37,774
116,067
203
—78,496
198,845
80

Bangor & Aroostook

Birmingham & Atlantic

Atchison Top & Santa Fe System Atlanta
EARNINGS.

Baltimore & Ohio

Ann Arbor

-----Month of March------- —Jan. 1 to March 31— ! -----Month of March-------- —Jan. 1 to March 31—

EARNINGS.

----- Month of March----- —Jan. 1 to March 31— -----Month of March----- —Jan. 1 to March 31—

1926.
8
471,870
38,628
561,137
110,637
101,906
27,093
193,182
463,105
98,032
13 550
892
83.590
58,368
639

1925.
8
392,459
37,956
460,680
85,721
99,913
22,349
182,123
406.574
54,106
10 776
52
43.278
14,930
639

1926.
8
1,239,552
124,931
1.508,300
299.884
277,965
80,849
546,855
1,296.438
211,862
40 713
1,172
169,977
93,007
639

1925.

8

.

1,152,402
113,817
1,362,075
247,603
297,864
68,370
549,900
,1213,891
38,184
38 408
1,147
108,629
12,866
639

ft

743,598
87,552
856,053
113,766
143,313
5,144
198,512
489,608
366,445
68 997
67
297,381
318,309
615

A tl-’~ tic City

1925.
1926.
8
ft
ft
645,475 1,788,108 1,808,993
204,379
77,433
226,855
748,940 2,081,87V 2,091,348
327,826
104,669
342,979
379,784
362,861
125,866
4,490
13,877
12,979
585,631
181,876
555,765
442,443 1,374,301 1,361,054
306,497
730,294
707,576
64 401
180,486
160 195
53
11
68
242,085
547,313
549,755
619,727
246,561
615,255
616
616
615

1925.

1926.

Belt Railway of Chicago

-----Month of March----- —Jan. 1 to March 31—■ -----Month of March----- —Jan. 1 to March 31—

1926.
8
161,306
135,894
318,579
100,666
35,480
5,786
184,783
1 331,896
— 13,317
25,320

—38,637
—68,855
161

1925.
1926.
1925.
8
ft
8
134,152
377,023
367,348
136,603
369,590
371,601
285,998
797,490
779,813
80,043
289,051
299,255 |
136,910
39,338
94,331
15,321
5,044
13,425
193,490
547,960
528,787
322,749
943,247 1,009,853|!
—36,751 —145,757 —230,040
76,001
68,088
22,696
97
—59,447 —221,855 —298,128
—84,995 —302,821 —373,142
169
161
169

1926.
8

1925.
$

622.281
44,487
64.108
3,178
328,841
450,031
172,250
47,848

566,359
36,534
61 ,880
3,073
262,461
373.909
192,450
42,529

124,402
161,626
32

149,921
126,137
32

Atlantic Coast Lin e

1926.

1925.
8

$

1,754,777
112,798
178,006
9,875
910,254
1,239,624
515,153
143,118
_____
372,035
486,389
32

1,701,842
98,599
182,858
9,851
846,865
1,167,518
534,324
120,781
413,543
384,703
32

Bessemer & Lake Erie

-----Month of March----- —Jan. 1 to March 31— -----Month of March----- —Jan. 1 to March 31—

1926.
8
7,454,913
2,392,535
10,624,791
1,007,281
1,646,622
159,146
3,328,509
6,409,954
4,214,837
650,000
735
3,564,102
3,193,465
4,924

1925.
8
6,765,959
2,065,262
9,455.543
856,036
1,460,107
136.949
2,857,285
5,536,405
3,919,138
550,000
1,553
3,367,585
3,077,742
4,879

1926.
1925.
8
8
18,860,447 17,007,454
7,668,513 6,443,555
28,786,168 25,322,018
2,788,290 2,638,345
4,502,469 4,042,927
471,397
426,593
9,546,627 8,173.943
18,084,926 15,959,346
10,701,242 9,362,672
1,700,000 1,450,000
2,669
3,693
8,998,573 7,908,979
7,806.536 7,242,980 |
4,872 1
4,924

1926.
ft

699,855
16,001
740,852
67,929
325,558
16,409
278,973
731,445
9,407
29,932
Cr.7,450
13.075
49,272
228

1925.
1926.
8
8
970.587 1,935,038
18,905
49,014
1,013,196 2,045,185
69,958
172,212
364,030
946,331
15,502
44,461
298,430
794,400
766,516 2,075,713
246,680 —30,528
36,832
89,796
3
41
209,845 —120,365
268,029
100,423
228
228

1925.
8
2,562.553
57,012
2,685,002
179,465
1,065,251
46,290
855,648
2,217,996
467,006
96,832
44
370,130
582,328
228

May, 1926.]

Bingham & Garfield

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes
___ _ . .
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.
EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—-Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes
....
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.
EARNINGS.

Freight revenue. __
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses..
Transportation exp.
Tot. exp., incl. oth.
Net from railroad___
Taxes
____
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

Freight revenue.___
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c„
Net after rents_____
Aver, miles of r’d oper.

1926.

1925.

Freight revenue_____
Passenger revenue.. _
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

Chesapeake & Ohio Lines

Central New England

Chicago & North Western

1926.

----- Month of March------ —Jan. 1 to March 31— ----- Month of March----- ■—Jan. 1 to March 31— ----- Month of March— —Jan. 1 to March 31—

1926.
»
97.385
3,143
103,872
27,316
41,217
1,726
35,984
113,648
—9,776
3,150

1925.
$
160,822
5,578
169,670
30,047
67,550
1,964
51,357
160,252
9,418
3,400

1926.
$
280,788
8,910
300,217
79,084
114,451
5,458
103,253
326,548
—26,331
9,450

1925.
«
508,748
16,521
534,498
92,892
202,795
5,686
163,399
493,977
40,521
12,200

—12,926
—601
253

6,018
33,183
253

—35,781
4,242
253

28,321
118,695
253

Buffalo

EARNINGS.

Canadian National System

----- Month of March----- —Jan. 1 to March 31—
Atlantic & St Lawrence RR
----- Month of March----- ■—Jan. 1 to March 31—
1926.
1925.
1925.
1925.
1926.
S
S
$
1926.
1925.
S
#
$
1926.
1925.
8
8
47,729
53,913
150,838
127,906
172,765
180,767
557,590
544,319 9,318,000 7,620,523 26,931,631 23,268,149
119
238
776,818 2,125,415 2,301,352
30,183
709,318
33,495
92,016
86,213
49,763
55,244
139,237
154,398
220,234
225,657
690,800
674,776 10,457,349 8,907,717 30,226,213 26,823,591
8,151
10,147
25,327
22,841
29,035
37,879
79,782
102,377 1,521,825 1,294,863 4,195,768 4.011,608
14,559
7,137
31,966
27,245
39,342
37,135
106,007
111,969 2,830,415 2,535,576 7,939,069 7,209,174
1,291
308.847
849
4,470
341,276
4,533
123,241
95,051
5,028
5,417
15,100
16,054
11,387
16,626
32,794
43,235
132,195
138,651
398,213 2,961,473 2,736,618 9,020,396 8,415,009
384,678
40,324
39,661
106,759
115,335
212,150
230,821
614,162
657,910 7,722,588 6,921,575 22,304,474 20,701,563
9,439
15,583
32,478
39,063
8,084
16,866 2,734,761 1,986,142 7,921,739 6,122,028
—5,164
76,638
9,874
10,971
31,730
31,943
443,477 1,671,858 1,330,330
13,650
557,286
22,649
40,950
51,911
10
9,000
10
3,000
6,000
2,000
—445
4,612
7,120
738
—5,566 —27.813
35,688 —35,045 2,175,475 1,539,665 6,243,881 4,782,698
5,431,413
14,863
16,793
47,267
45,728 —67,283 —91,502 —166,611 —243,536 2,440,832 1,743,387 6,833,154
2,628
33
33
2,633
33
33
2,637
2,627
166
166
166
166
Chicago Detroit & Canada Gr Trunk Jet
Boston & Maine
Chicago & Alton
----- Month of March—— —Jan. 1 to March 31— ----- Month of March----- - —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31—
1926.
1925.
1925.
1925.
1926.
1926.
1926.
1926.
1925.
1925.
1926.
1925.
«
$
»
8 '
$
S
8
$
8
«
8
8
4,994,810 4,247,920 12,182,031 12,144,096
315.409
220,251
847,074
693,933 1,738,207 1,683,371 5,053,677 5,151,815
1,694,424 1,585,005 5,059,885 4,995,078
485,453
479,754 1,509,895 1,451,959
3,322
10,562
14,804
5,067
7,562,712 6,666,116 19,504,452 19,443,707
355,282
267,765
990,100
829,860 2,449,465 2,382,299 7,196,356 7,261,781
659,311
720,777
863,288 2,121,014 2,604,502
710,968
294,182
267,231
23,131
12,779
84,618
38,875
1,331,200 1,399,195 3,743,900 4,091,884
586,911 1.848,040 1,753,848
639,455
17,614
11,857
51,505
36,851
195,826
58,028
60,064
189,314
174,440
207,368
64,996
3,926
11,982
65,973
11,659
4,151
2,935,595 2,822,852 8,290,179 8,471,527
111,947
949,001
913,546 2,824,723 2,877,637
244,550
80,325
318,635
5,258,657 5,406.441 15,150,043 16,132,114
160,947
478.864
342.330 1,949,757 1,894,386 5,756,202 5,726,004
112,563
2,304,055 1,259,675 4,354,409 3,311,593
487,913 1,440,154 1,535,777
499.708
194,335
155,202
487,530
511,236
296,330
254,658
265,950
778,092
323,433
796,023
98,500
9,800
107,811
14,000
29,400
42,000
1,343
57
604
1,113
512
7,434
248
42
235
11
2,049,340
992,612 3,575,805 2,508,136
391,662
389,165 1,116,117 1,238,104
141,202
481,794
445.519
184,535
819,769
1 .696,662
598,647
802,256 2,723,164 1,872,973
222,591
250,630
154,012
115,732
380,065
359,955
1,055
2,276
2,321
1,055
2,276
2,321
1,055
1,055
59
59
59
59
Detroit Grand Haven & Milwaukee
Brooklyn Eastern District Term’l
Chicago & Eastern Ill inois
----- Month of March——- -—Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1925.
1926.
1926.
1926.
1925.
1925.
1926.
1925.
1926.
1925.
8
$
8
8
$
8
•8
«
8
8
$
8
128,565
124,534
340,523
336,861
477,450
451,027 1,402,151 1,172,758 1,820,322 1,570,324 5,273,342 4,871,869
341,102 1.101,601 1,080.252
347,337
30,717
25,820
93,371
91,190
136,332
131,748
363,325358,983
546,957
527,453 1,633,909 1,403,856 2,354,417 2,080,880 6,881,587 6,450,390
581,536
10,432
9,991
22,983
551,708
190,497
21,512
219,857
49,268
40,247
131,290
107,317
16,120
16,120
36,281
46,371
702,566
676,488 2,070,957 2.036,346
145,446
55,625
48,158
126,657
6
173,735
720
140
57,516
231,142
31 426
77.994
11,142
11,045
33 788
48,226
45,143
136,359
838,353 2,674,544 2,631,365
128,363
888.861
26-4,700
752,812
227,548
714,197
5,684,762
80,694
77,366
212,442
5,786,235
214,075
1,946,004
1,876,806
396,043
342,664 1,087,304 1,046,760
765,628
55,638
54,382
149,250
146,541
204,074 1,095,352
408,413
150,914
184,789
357,096
546,605
310,000
9,039
7,721
21,664
320,000
21,465
105,000
100,000
5.035
4,950
15,105
14,850
2,041
1 ,796
579
504
504
2,646
1,143
453.587
46,599
46,661
773,556
127,785
124,877
302,834
103,570
145,879
528,854
179,335
341,103
260,937
48,839
47,381
132,265
126,797
532
427,186
182,182
99,970
66,608
263,828
69,433
9
945
9
9
9
945
945
189
189
945
189
189

----- Month of March----- —Jan. 1 to March 31—

Buffalo & Susquehanna RR Corp

EAH NINOS.

1926.
8
747,233
3,971
770,441
107,237
108,915
6,922
225,031
464,893
305,548
26,350
7
279,191
234,658
279

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’tTraffic expenses__
Transportation exp.
Tot .exp., incl .oth.
Net from railroad___
Taxes
_________
Uncollectible revenue.
Net after taxes, &c_
Net after rents.
Aver, miles of r’d oper.

1926.
$
1,299,618
101,894
1,454,181
130,813
439,371
27,268
538,641
1,180,730
273,451
50,000

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp.,incl.oth.
Net from railroad___
Taxes__ _____ __
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

187,539
147,190
292

Rochester & Pittsburgh Central Railroac

223,451
261,805
601

1925.
$
1,068,983
119,337
1,253,956
128,855
384,052
24,930
516,996
1,098,075
155,881
35,000
2
120,879
135,307
590

1926.
$
3,820,485
316,182
4,282,405
374,430
1,274,655
85,022
1,588,680
3,451,227
831,178
150,000
681,178
827,040
601

1925.
$
3,182,913
377,836
3,752,152
369,997
1,113,246
76,420
1,529,218
3,216,873
525.279
105,000
14
430,265
507,417
590

1926.
8
1,562,044
13,494
1,632,285
273,864
269,353
19,757
593,244
1,205,569
426,716
80,850
97
345,769
225,637
279

of New

1925.
1926.
1925.
1926.
1925.
S
$
$
8
8
1,812,381 8,521,674 7,606,808 23,660,535 22,694,179
31,963 2,101,694 2,010.211 6,298.968 6,269,490
1,908,066 11,956,641 10,871,904 33,767,362 32,633,329
231,906 1,600,372 1 ,156,522 3,809,847 3.325,199
325,608 2,783,065 2,755,835 7,793,197 8,052.463
481.089
497.168
171,091
157.885
16.367
6-10,910 4,815.7’3 4,786.960 14,020.338 14,492,820
1,257.804 9.798,304 9,269,766 27.353.374 27,547,807
650.262 2,158,337 1,60 .',138 6,413,988 5,085,522
800,000 2,400,000 2,400,000
800,000
76,500
12,270
9,858
5.049
3,748
12
797,089 4,001,718 2,675,664
573,750 1,354,589
670,308 3,623,880 1,993,942
450,558 1,232,041
8,462
8,462
8,460
8,457
292

1926.
8
4,025,079
644,039
5,022,787
380,764
1,107,560
42,594
1,914,226
3,577,388
1,445.399
343,806
9,485
1,092,108
900,206
690

Jersey

Chicago Burlington & Quincy

1 to March 31—
1925.
1926.
1926.
1925.
1925.
1926.
1925.
$
$
$
8
8
8
8
3,633,317 9,238,585 10,262,199 10,082,523 9,159,247 28,364,022 27,854,548
655,306 2,010,164 2,058,586 1,731,603 1,773,954 5,589,435 5,691,701
4,593,635 12,121,532 13,257,518 13,015,297 12,129,252 37,390,813 36,959,664
476,130 1,130,423 1,413,314 1,309,164 1,098,485 3,311,256 3,198,831
1,096.344 2,959,386 3,062,997 2,699,323 2,821,906 8,375,439 9,394,178
231,400
668,656
699,133
220,473
37,550
113,612
114,318
1,792,151 5,361,349 5,284,662 4,540,075 4,592,390 13,454,492 14,204,540
3,532,078 10,017,694 10,264,755 9,227,715 9.138,996 27,192,846 28,746,897
1,061,557 2,103,838 2,992,793 3,787,582 2,990,256 10,197,96? 8,212,767
883,341 2,933,469 2,496,915
360,674 1,033,230 1,054,282 1,054,648
9,207
14,508
3,552
7,275
420
20,135
2,400
700.463 1,050,473 1,936,111 2,725,659 2,103,363 7,249,996 5,706,645
596,777
676,058 1,618,023 2,529,278 1,866,346 6,634,701 5,031,593
9,404
9,396
9,396
9,404
692
690
692
Chicago Great Western

Central Vermont

----- Month of March----- —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31—- ----- Month of March------ -—Jan. 1 to March 31—

1926.
$
250,061
41,074
302,472
30,019
71,929
5,169
125,122
235,749
66,723
10,500

1925.
$
256,361
34,244
306,153
23,440
65,945
4,505
116,036
213,559
92,594
11,000

1926.
$
763,493
100,645
901,365
73,059
180,456
14,909
388,400
666,978
234,387
31,500

1925.
S
714,534
96,305
859,378
72,415
163,288
14,187
352,582
614,163
245,215
33,000

56,223
42,429
233

81,594
69,131
233

202,887
158,612
233

212,215
176,274
233

1926.
8
550,228
108,300
723,969
90,032
133,435
14,558
353,210
614,629
109,340
19,004
613
89,723
73,091
433

1925.
«
535,245
107,755
700,040
108,908
137,935
13,331
328,734
616,126
83,914
19,091
5
64,818
51,561
434

1926.
8
1,446,863
333,200
1,965,332
212,291
350,545
42,685
983,942
1,663.832
301.500
57,012
655
243,833
202,317
433

1925.
8
1,416,023
318,720
1,895,164
312,739
367,409
41,778
969,007
1,769,501
125,663
57,272
154
68,237
31,456
434

Charleston & Western Carolina

Central of Georgia

EARNINGS.

1925.
»
601,043
10,091
634,250
81,620
113,154
5,867
206,631
421,211
213,039
25,500

----- Month of March------ —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31— ----- Month of March----- —Jan.

Canadian Pacific Lines in Maine

EARNINGS.

5

RAILWAY EARNINGS

1926.
8
1,542,152
264.635
1,959,876
186,828
408,604
72,377
820,512
1,557,156
402,720
78,856
914
322,950
206,206
1,496

1926.
1925.
$
$
1,437,382 4,384,195
830,887
273,477
1,865,808 5,648,532
175,512
533.113
441,710 1,187,409
72,656
212,246
803,306 2,416.357
1,561,789 4,558,566
304,019 1,089,966
257,551
77,856
1,893
435
830,522
225,728
458,564
112,517
1,496
1,496

1925.
$
4,340.801
887,949
5,695,250
510,522
1,283,730
207,306
2,473,203
4,677,994
1,017,256
248,601
1,126
767,529
404,495
1,496

Chicago Indianapolis & Louisville

----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31—

1926.
$
2,156,667
526,446
2,949,663
412,627
470,821
75,462
1,072,380
2,133.227
816,436
137,978
937
677,521
555,747
1,917




1925.
#
1,960,637
487,500
2,679,919
374,982
424,079
71,531
927,107
1,905,585
774,334
131,918
307
642,109
551,092
1,920

1926.
$
5,571,670
1,711,280
8,008,927
1,168,655
1,339,387
217,207
2,995,356
6,033,036
1,975,891
370,608
1,458
1,603,825
1,364,234
1,917

1925.
$
4,985,484
1,496,735
7,204,285
1,142,834
1,289,276
202,866
2,664,206
5,582,405
1,621,880
322,219
789
1,298,872
1,170,766
1,920

1926.
$
382,357
21,422
418.892
54,885
49,821
8,458
140,623
259,979
158,913
21,500
14
137,399
123,393
342

1925.
8
404,341
24,930
444,449
43,184
45,093
7,202
145,554
247,761
196,688
20,000
46
176,642
163,821
342

1926.
8
988,592
66,402
1,094,606
200,472
135,143
22,099
422,309
799,694
294,912
64,500
Cr. 25
230.437
197,351
342

1925.
8
961 .761
77,825
1,085.586
152,081
127,535
21,304
414,631
734,858
350,728
60,000
155
290,573
255,548
342

1926.
8
1,204,768
194,192
1,545,642
130,749
339,238
37,242
561,345
1,113,335
432,307
91,236
228
340,843
250,208
647

1925.
$
1,116.479
210,959
1,464,001
140,898
281,389
36,047
525,991
1,030,401
433,600
82,672
67
350,861
226,688
649

1926.
$
3,388,544
580,836
4,381,602
365,683
968,112
104,875
1,656,009
3,238,124
1,143,478
231,135
1,808
910,535
600,545
647

1925.

S

3,113,204
631,557
4,132,588
388,458
891,697
105,957
1,546,611
3,079,402
1,053,186
192,033
205
86^948
524,295
649

[Vol. 122.

RAILWAY EARNINGS

6

Chicago Milwaukee & St Paul

EARNINGS.

Incl Chicago Terre Haute & Southeastern

1925.
1926.
1925.
1926.
Freight revenue_____ 10,098,902 9,423,995 28,328,004 28,280,400
1,524,280 1,499,397 4,631,603 4,671,145
Passenger revenue__
Tot., incl. other rev. 12,905,635 12,152,162 36,658,099 36,671,695
Expenses—Maint .way 1,475,659 1,294,023 3,907,451 3,528,261
Maint. of equipm’t- 3,326,372 3,258,891 9,703,745 9,211,069
185,229
68,638
573,791
232,815
Traffic expenses—
Transportation exp. 4,969,512 5,011,086 14,714,390 15,539,050
Tot .exp.,incl .oth. 10,402.054 10,191,171 30,171,867 30,019,929
2,503,581 1,960,991 6,486,232 6,651,766
Net from railroad___
750,000 2,250,000 2,250,000
750,000
Taxes______________
23,878
Uncollectible revenue.
2,053
8,413
12,105
Net after taxes, &c_ 1,751,528 1,202,578 4,224,127 4,377,888
1,474,323
801,983 3,227,021 3,211,798
Net after rents_____
11,204
Aver, miles of r’d oper.
11,205
11,205
11,205

Chicago Peoria & St Louis

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp.,incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver. miles of r’d oper.

----- Month of March----- —Jan. 1 to March 31—

1926.
$
54,470
9,321
69,872
12,397
9,746
939
34,385
65,166
4,706
500
1
4,205
—4,519
215

1925.
?
79,629
10,643
99,551
16,243
18,210
1 ,589
51,606
95,399
4,152
3,216

936
—16,446
247

1926.
$
173,349
28,029
219,120
35,298
41,688
2,865
110,894
212,868
6,252
6,000
1
251
—46,092
215

1925.

259,106
33,004
318,849
46,262
62,710
5,387
160,814
299,632
19,210
10,216
48
8,946
—60,914
247

Chicago Riv er & Indiara
EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

Includes Chicago Junction

----- Month of March-— —Jan. 1 to March 31—

1926.

1925.

579,852
73,303
87,305
883
242,563
416,843
163,009
37,346

1,673,475
153.380
225,242
2,562
676,022
1,109,726
563,749
126,067

1,737,330
192,605
246,417
2,470
716,157
1,195,611
541,719
125,639

125,663
230,534
19

437,682
775,001
19

416,080
748,867
19

1926.

1925.

582,770
53,685
77,312
866
235,547
384,460
198,310
43,209

155,101
264,100
19

Chicago Rock Island & Gulf

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp.,incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

1926.
685,963
26,570
729,258
56,012
213,823
23,751
137,820
448,987
280,271
60,000
Cr2

220,273
324,444
309

Freight revenue______
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes_____________
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp.,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue .
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

1926.
1,950,849
. 81,020
2,075,166
181,071
595,970
68,353
428,165
1,329,135
746",031
180,000
Cr4
566,035
920,390
309

Colorado & Southern System
Colorado & Southern

1926.
749,813
94,817
926,688
127,135
235,733
12,816
367,957
793,650
133,038
63,436
245
69,357
51.118
1,056

1925.
661,576
99,586
847,019
121,968
235,933
12,503
342,800
760,365
86,654
63,640
48
22,966
19,443
1,056

1926.
S
367,950
69,610
482,351
65,570
78,110
19,476
205,878
386,976
95,375
18,072
52
77,251
55,821
458

1925.
«
414,922
68,621
528,454
80,023
80,272
15,513
219,710
415,880
112,574
12,838
249
99,487
81,790
461

1926.
«
1.118,428
232,306
1,469,784
198,465
215,297
56,754
632,111
1,157,122
312,662
54,216
157
258,289
201,932
458

1925.
$
1,216,969
237,402
1,579,850
208,851
205,121
46,290
648.077
1,168,298
411,552
38,515
291
372,746
312,089
461

----- Month of March-----------Jan. 1 to March 31—

1926.
1925.
1926.
1925.
$
SS
$
1925.
2,106,703 5,723,126 5,392,467 12,832,512 15,297,976
967,133 3,028,400 3,099,410
98,932
967,528
2,246,920 7,608,888 7,204,383 18,255,629 20,770,507
606,833 1,538,900 1,753,242
551,865
217.028
584,733 1,375,599 1,653,320 3,806,904 4,879,904
364,622
120,117
116,013
348,234
75,432
472,553 2,951,450 2,861,371 8,040,031 8,528,974
1,408,750 5,226,550 5,449,143 14,421,406 16,149,169
838.170 2,382,338 1,755,240 3,834,223 4,621,338
666,042
571,040 1,539,126 1,646,120
165,000
1,149_______ 525
3,285
2,023
19
673,151 2^715,147 1,183,675 2,291,812 2,973,195
1,175,649
2,325,385 2,996,643
903,884 1,704,104
992
992
992
992
309

1926.
1925.
2,318,458 2,328,021
336,793
320,786
2,895,230 2,900,720
325,619
332,635
708,183
713,078
36,700
39,809
1,135,247 1,137,924
2,354,505 2,362,476
538,244
540,725'
190,310
190.919
180
1,014
349,401
347,145
281,594
310,066
1,056
1,056

Denver Rio Grande Western

-Month of March--------- Jan. 1 to March 31—

1926.
$
1,957,427
303,010
2,444,889
428,568
497,316
56,732
767,196

390,475
440,314
2,548

Fort Worth & Denver City
—- Month of March----- —Jan. 1 to March 31—

1926.
S
711,430
165,956
935.414
78,147
168,838
14,032
342,798
650,025
285,389
58,306
14
227,069
226,525
491

1925.
8
641,154
142,249
838,607
75,279
186.314
11,921
269,364
582,052
256,555
59,299
526
196,730
209,647
455

1926.
»
2,125,713
501,787
2,805,022
220,805
522,754
44,717
934,391
1,859,314
945,708
179,877
148
765,683
756,808
491

1925.
#
2,166,872
474,083
2,800,825
206,171
558,835
38,311
883,902
1,807,239
993,586
177,608
565
815,413
842,766
455

1926.
«
119,190
8,301
134,528
31 ,073
32,110
4,869
75,544
156,416
—21,888
7,700
14
—29,602
—49,827
367

1925.
1926.
#
$
182,653
422,056
10,619
26,014
200,856
468,842
52,816
151,587
55,810
95,534
3,519
13,506
254,522
88,265
212,625
554,026
—11,769 —85,184
7,650
23,100
270
15
—19,689 —108,299
—40,575 —176,655
368
367

1925.
$
1,804,679
324,392
2,317,032
427,934
420,327
50,232
775,055
1,797,364
519,668
168,000
399
351,269
424,131
2,566

1926.

S
5,991,197
920,633
7,412,830
1,225,419
1,448,388
158,677
2,322,765
5,501,782
1,911,048
555,000
444
1,355,604
1,455,326
2,548

1925.
$
5,717,493
994,690
7,246,574
1,203.813
1,608,786
146,262
2,564,211
5.878,505
1,368,069
504,000
1,099
862,970
992,931
2,566

Denver & Salt Lake
-Month of March-

1926.
$
192,672
24,007
237,447
72,951
101,724
1,326
62,163
244,975
-—7,528
6,000
3
-13,531
—6,104
255

Trinity & Brazos Valley

1925.
S
88,677
23,084
133,848
35,737
76,359
1,057
41,729
160,740
-26,892
9,000
60
-35,952
—33,052
255

Jan. 1 to March 31—

1926.
«
727,320
71,688
865,640
196,915
297,619
4,321
234,279
753,504
112,136
18,000
6
94,130
102,960
255

1925.
$
634,323
69,333
766,744
115,427
276,353
3,422
247,452
660,548
106,196
27,000
86
79,110
81,407
255

Detroit & Mackinac

----- Month of March----- —Jan. 1 to March 31— —Month of March----- —Jan. 1 to March 31—

1925.
S
950,069
37,084
1,017,560
146,675
156,610
11,078
406,958
756.780
260,780
22.950
882
236,948
117,469
368

Wichita Valley

-Month of March-

1926.
S
80,881
24,135
117,188
18,722
44,046
1,847
52,512
122,388
—5,200
10,130
25
—15,355
- 7,680
375

1925.
$
97,309
20,263
128,708
17,075
35,345
2,235
54,136
114,368
14,340
10,153

4,187
17,998
375

Jan. 1 to March 31—

1926.
S
239,898
69,215
343,832
55,795
118,454
5,547
147,988
343,442
390
30,446
52
—30,108
-5,330
375

1925.
I
266,547
72,267
372,660
49,622
106,974
6,314
163,886
344,675
27,985
30,459

—2,474
43,824
375

Detroit & Toledo Shore Line

----- Month of March— ■—Jan. 1 to March 31— ----- Month of March------ -—Jan. 1 to March31— ----- Month of March----------- Jan. 1 to March 31—

1926.
.?
7,605,896
1,788,476
10,259,676
1,304,679
2,428,784
236,779
4,009,608
8,346,784
1,912,892
587,156
8,265
1,317,471
944,401

7,563

1926.
$
21,393,455
5,473,156
29,402,266
3,671,441
6,914,913
699,841
11,823,619
24,160,506
5,241,760
1,760,864
14,462
3,466,434
826,003
2,396,328
7,578
7,563

1925.
8
7,152.958
1,840,053
9,728,064
1,084,488
2,446,140
225,988
3,960,192
8,053,917
1,674,147
515,741
8,388
1,150,018

1925.
$
21,236,441
5,667,143
29,106,233
3,042,840
6,802,316
653,061
12,014,257
23,450.963
5,655,270
1,547,849
25.334
4,082,087
2,961,761
7,578

Chicago St Paul Minn & Omaha

EARNINGS.

1925.
721,245
31,513
768,044
79,326
198,462
25,454
151,652
473.899
294,145
55,000
18
239,127
302,377
309

----- Month of March----- —Jan. 1 to March 31—

Chicago Rock Island & Pacific

EARNINGS.

Delaware Lackawanna & Western

Clinchfield RR

Formerly Carolina Clinchfield &’Ohio 1

----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—

----- Month of March----- —Jan. 1 to March31—

1926.
$
1,617,173
432,326
2,214,867
254,608
427,003
35,813
975,352
1,781,345
433,522
115,909
1,524
316,089
276,653
1,841

1925.
$
1,521,290
434,581
2,104,656
202,427
454,275
27,761
962,513
1,730,092
374,564
125,533
2,428
246,603
204,191
1,841

1926.
$
95,018
17,194
120,270
21,299
7,620

1925.
8
89,336
19,572
115,848
29,460
6,401

46,325
75,315
44,955
9,529
10
35,416
14,916
271

44,785
80,972
34,876
10,615
121
24,140
5,682
271

1925.
S
342,795
63,481
431,722
89,077
21,758
193
142,102
255,536
176,186
30,988
308
144,890
84,322
271

Col limbus & Greenville

Formerly Southern Ry in Mississippi

----- Month of March----1926.
1925.
$
1926.
1925.
$
4,611,502 4,770,359
132,652
100,593
1,242,239 1,348,796
21,638
22,464
6,312,793 6,587,001
167,479
130,029
742,342
558,241
43,223
51,171
1,266,451 1,263,331
18,682
18,124
106,168
3,648
87,451
2,675
2,896,921 3,002,776
67,573
45,746
138,432
5,272,248 5,160,737
127,879
1,040,545 1,426,264
29,047
2,150
350,600
376,647
1 ,226
2,476
4,110
7,767
27,821
685,835 1,041,850
—326
535,890
853,612
8,522 —10,933
1,841
167
167
1.841
Cincinnati Indianapolis & West 5
Delaware
----- Month of March—— •—Jan. 1 to March 31—: ----- Month of March-----1926.
1925.
1926.
1925.
1926.
1925.
8
1
8
S
«
S
«
356,898
331,498 1,018,913
979,182 3,786,476 3,174,466
24,093
27,298
71,969
242,649
267,158
88,145
405,683
389,717 1,162,755 1,161,197. 4,249,714 3,639,132
38,064
44,642
102,594
432,994
430,936
105,023
92,142
81,636
260,059
943,973 1,048,391
251,019
15,903
15,170
47,842
47,795
47,858
46,814
161,856
165,719
485,663
502,493 1,423,685 1,419,280
324,031
326,977
949.821
961,079. 3,000,601 3,136,156
62,740
81,652
212,934
502,976
200,118 1,249,113
19,374
17,564
88,000
54,374
112,300
59,110
38
55
62,278
45,176
158,560
390,621
141,008 1,161,075
25,427
15,268
59,383
399,751
58,994 1,065,199
347
347
347
881
881
347




1926.
»
327,792
54,128
405,086
53,138
27,521
39
146,560
217,434
187,652
28,463
138
159,051
96.423
271

-—Jan. 1 to March 31—

1926.
372,690
76,257
479,779
129,177
53,663
9,785
179,113
403,656
76,123
4,226
37
71,860
18,357
167

1925.
292,734
76,066
391,061
142,346
53,569
8,217
141,649
374,874
16,187
5,476
108
10,603
—22,828
167

& Hudson

1926.
$
452,193

1925.
s
299,580

1926.
s
1,325,022

1925.

• 456,496
45,962
37,368
3,547
123,609
219,797
236,699
22.802
134
213,763
105,651
50

304,797
27,833
35,587
2,760
82,468
155,966
148,831
20,593
42
128,196
52,468
61

1,336,771
101,604
113,402
9,905
362,735
613,685
723,086
70,446
143
652,497
315,772
50

994,515
67,412
94,937
8,556
281,517
477,907
516,608
70.072
258
446,278
202,933
61

974,256

Detroit Terminal

----- Month of March------ —Jan. 1 to March 31—

1926.
$

1925.
$

1926.
$

1925.
$

236,803
37,302
22,558
2
142,672
206,469
30,334
12,988
47
17,299
21,912
26

191,956
19,412
15,565

609,135
106,900
53,161
6
355,968
526,837
82,298
38,615
47
43,636
41,738
26

534,525
46,009
39,667
3
286,048
377,449
157,076
59,708
11
97,357
117,844
26

98,381
135,470
56,486
19,567
8
36,911
49,042
26

Detroit Toledo & Ironton

—Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—

1926.
1925.
$
#
7,488,934 9,495,203
830,025
810,654
8,857,305 10,985,237
1,255,309 1,416,160
2,522,482 3,018,856
144,728
140,641
3,668,631 4,253,475
8,049,474 9,350,994
807,831* 1,634,243
264,000
336,900
1,073
562
542,758 1,296,781
290,202 1,387,243
881
890

1926.
$
1,188,459
19,444
1,221,097
157,128
227,813
13,934
340,585
765,608
455,489
83,335
167
371,987
266,471
488

1925.
a

1,090,826
6,587
1,112,752
165,320
200,960
9,356
297,470
695,367
417,385
46,107
371,278
274,502
470

1926.
e

3,291,873
31,308
3,358,659
420,674
623,959
31,204
950,251
2,104,789
1,253,870
231,969
232
1,021,669
716,705

488

1925.
%
3,120,456
20,327
3,195,546
396,974
528,218
23,674
907,280
1,922,830
1,272,716
137,829
299
1,134,588
834,958
470

Mat, 1926.]

Duluth & Iron Range

EARNINGS.

---- Month of March- 1926.
1925.

S

S

-Jan. 1 to March 31—
1925.
1926.
$
287,579
264,516
25,363
23,456
353,529
321,821
149,407
171,185
348,140
324,162
3,456
3,621
325,051
313,853
882,431
870,922
—549,101 —528,902
23,191
29,763

Freight revenue. __
75,951
[90,398
Passenger revenue__
7,762
17,860
Tot., incl. other rev.
94,272
110,640
Expenses—Maint. way
67,447
55,163
Maint. of equipm’t121,982
115,390
Traffic expenses__
1,192
1,390
Transportation exp.
102,926
109,358
Tot .exp. ,incl .oth.
304,393
307,780
Net from railroad___ —210,121 —197,140
Taxes ...
14,009
7,383
Uncollectible revenue.
Net after taxes, &c_ —224,130 —204,523 —519,338 —552,093
Net after rents_____ —217,693 —198,485 —519,943 —550,472
276
Aver, miles of r’d oper.
275
275
276

Duluth Missabe & Northern

EARNINGS.
Freight revenue
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp., incl .oth.
Net from railroad___
Taxes
__
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

---- Month of March----- —Jan. 1 to March 31—
1925.
1926.
1926.
1925.
8
$
S
S
229,350
76,415
290,927
94 146
24,675
21,215
8,324
¥8,619
299,953
102,064
349,971
115,127
295,171
352,496
101,937
116,581
545,516
584,691
223,632
176,599
9,962
9,098
2,888
3,348
413,179
423,457
150,474
141,879
447,462 1,437,352 1,329,784
515,905
—400,778 —345,398 -1,087,381 -1,029,831
198,423
113,743
65,804
86,370
3
-1,228,254
—487,148 —411,202 -1,201,127
—495,022 —415,948 -1,223,523 -1,240,302
305
306
306
305

Duluth

EARNINGS.

Freight revenue. __
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp., incl .oth.
Net from railroad___
Taxes
___ __
Uncollectible revenue.
Net after taxes,
Net after rents . .
Aver, miles of r’d oper.

EARNINGS.
Freight revenue
Passenger revenue__
Tot., incl. other rev.
Expenses—-Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—-Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp., incl. oth.
Net from railroad___
Taxes
._ _____
Uncollectible revenue.
Net after taxes, &c.
Net after rents___ __
Aver, miles of r’d oper.
EARNINGS.
Freight revenue_____
Passenger revenue—
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. .incl .oth.
Net from railroad___
Taxes . _
__
Uncollectible revenue.
Net after taxes, &c_
Net after rents___
Aver, miles of r’d oper.

EARNINGS.

Freight revenue.___
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’tTraffic expenses__
Transportation exp.
Tot.exp. ,incl.oth.
Net from railroad
Taxes
_
___
Uncollectible revenue.
Net after taxes, &c.
Net after rents.
Aver, miles of r’d oper.

7

RAILWAY EARNINGS

South Shore & Atlantic

---- Monthof March----- —Jan. 1 to March 31—
1925.
1926.
1926.
1925.
iff
iff.
iff
981,023
942,194
328,773
331,636
268,946
244,204
75,714
85,701
436,872
444,951 1,272,077 1,340,338
147,902
151,183
62,794
52,078
274,177
240,605
80,007
89,091
19,933
21,005
6,316
7,445
595,611
571,163
197,452
201,226
355,328 1,033,943 1,086,056
373,091
254,282
238,134
'89,623
63,781
89,000
87,000
29,000
29,000
5
5
165.277
151,134
60,618
34,781
104,412
83,001
40,507
8,242
591
590
591
590

East St Louis Connecting

$

Now included in
Terminal Railroad Association
of St. Louis

445,344
81,724
562,760
56,345
106,553
21,992
213,023
420,311
142,455
17,769
188
124,498
123,024
328

417,745
85.533
540,195
56,769
112,594
23,493
201,836
414,510
125,655
12,582
192
112,911
99,519
328

t

1,181,631
248,800
1,530,068
159,605
302,749
66,713
640,659
1,235,058
295,010
32,529
446
262,035
263,159
328

1,123,817
256,836
1,496,526
174,365
318,718
68,681
634,910
1,258,192
238,334
37,746
381
200,207
175,443
328

Elgin Joliet & Eastern

Georgia & Florida

El Paso & Southwestern

Grand Trunk System

-Month of March--------- Jan. 1 to March 31— ---- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
1926.
1925.
1926.
1925.
$
$
S
S
S
$
$
2,237,787 2,103,194 5,825,788 6,164,360
158,572
411,753
136,925
334,571
66
4
23,554
18
14
15,190
70,424
40,642
2,443,185 2,325,621 6,391,025 6,794,017
196,585
160,174
519,414
398,148
175,446
414,763
23,579
149,405
463,975
22,933
68,363
59,616
407,288
624,748 1,371,581 1,505,063
22,988
19,572
57,691
52,061
14,487
39.094
11,999
41,486
9,230
8,024
25,860
23,521
778,532
806,839 2,210,066 2,441,668
68,746
56,630
193,747
159,104
1,421,553 1,634,907 4,218,645 4,525,971
133,278
115,600
370,774
317.665
1,021,632
690,714 2,172,380
63,307
44,574
148,640
80,483
94,796
87,504
262,513
284,387
6,517
7,000
21,000
19,526
1,960
1,741
58
25
35
57
214
926,836
601,469 1,887,935 2,003,573
56,282
38,022
127,583
60,743
736,268
372,333 1,380,616 1,307,257
66.272'
34,499
17,931
16,979
459
459
459
459
406
406
406
406

Now included in
Southern Pacific

Dulu th Winnipeg & Pacific

Evansv Indianap & Terre Haute

Erie System

Florida East Coast

---- Month of March----- •—Jan. 1 to March 31—
1925.
1926.1925.
1926.
S
$
iff
8
609,996
224,662
540,825
188,648
36.526
40,980
11,962
14,040
666,706
600,014
241.811
211,977
71,961
57,623
26,440
21,455
113,210
166,638
39,662
62,693
12.138
12,215
4,044
3,729
253,808
212,995
82,067
69,859
475,923
482,716
165,162
161,380
190,783
117,298
80,431
46,815
32,954
29,585
11,909
10,173
15
157,814
87,713
681522
36,642
176.143
89,115
69,608
33,530
178
178
178
178

Georgia

---- Month of March----- —Jan. 1 toYMarch 31—
1926.
1925.
1926.
1925. jiJ

Month of March-------- Jan. 1 to March 31—
1926.
1925.
1926.
1925.
$
#
$
S
240,741
186,674
621,759
569,663
5,785
4,114
19,785
13,018
253,074
198,254
660,256
603,399
23,599
25,235
62,381
69,996
29,153
44,668
99,758
104,571
2,675
1,711
6,209
5,127
82,321
65,040
227,950
199,881
144,754
141,087
414,568
391,315
57,167'
108,320
245,688
212,084
7,112
5,583
16,749
24,936
13
43
102,737
50,055
228,926
187,105
68,188
37,999
132,408
139,554
146
146
146
146

See Canadian National
System

Grand Trunk Western

-Month of March-Jan. 1 to March 31—
1926.
1925.
1926.
1925.
$
S
S
1,24*1,945
1,461,020
3,913,987 3,336,797
151,672
145,417
459,311
456,348
1,698,892 1,455,285 4,616,613 4,019,380
113,474
125,922
295,985
317,607
400,849
370,563 1,150,323 1,136,028
35,451
36,186
106,749
104,442
605,011
575,993 1,709,697 1,682,693
1,221,783 1,165,685 3,457,504 3,420,113
477,109
289,600 1,159,109
599,267
68,132
74,065
204,396
222,194
6
8
834
368
408,971
215,527
953,879
376,705
352,722
97,147
648,756 —62,700
347
347
347
347

Great Northern

---- Month of March--------- Jan. 1 to March 31— ---- Month of March--------- Jan. 1 to March 31—
Erie
1926.
1925.
1926.
1925.
---- Month of March— —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
s
1925.
$
1926.
1925.
1926.
$
$
$
$
7,680,001 6,793,972 18,864,682 19,027,657 2,138,194 1,490,999 5,524,028 3,964,972 6,084,657 5,457,750 16,312,349 15,928,589
1,178,455
929,787
3,683,808
2,928,588
3,015,693
2,801,996
974,925
927.829
978,960
999,568 2,976,192 3,071,125
9,438,180 8,508,782 23,822,829 24,027,405 3,732,727 2,711,487 10,356,496 7,730,765 7,787,607 7,179,078 21,388,941 21,085,902
457,444
319,600 1,364,373
969,141
967,431 2,836,352 2,750,816
940,339
992,171
901,870 2,216,230 2,381,791
499,284
282,598 1,296.204
852,115 1,697,416 1,350,682 4,447,837 3,972,691
2,358,404 2,403,464 6,452,374 7,010,528
-----------42,186
19,020
115,845
454,115
73,699
449,067
147,494
147,182
201,097
155,767
598,947
461,217
975,078 3,754,609 2,761,221 2,919,732 2,925,560 ___________
3,729,170 3,509,563 10.507.935 10,392,223 1,259,094
8,541,765 8,905,152
7,515,406 7,358,166 21,248,899 21,596,512 2,311,602 1,670,450 6,732,671 4,876,343 6,085,145 5,627,855 16,667,080 16,632,292
1,922,774 1,150,616 2,573,930 2,430,893 1,421,125 1,041.0371 3,623,825 2,854.422 1,702,462 1,551,223 4,721,861 4,453,610
140,315
112,938
373,839
344,298
361 200
365,600 1,083,600 1,059,200
764,312
725,317 2,205,113 2,176,042
445
376
4,431
2,031
8,181
16,299
2,244
7,138
719
807
3,011
2,474
927,723 3,245,555 2,508,093
782,772 1,474,031 1,363,512 1,280,365
1,554,436
937,431
825,099 2,514,274 2,274,557
748,305 2,370,328 1,993,281 1,005,642
962,920 1,608,168 1,725,773 1,009,86^
1,599,172
859,641 2,629,1411 2,416,045
849
770
849
770
2,055
2,053
2,055
8,221
2,053
8,250
8,221
8,250
Fort Smith & Western
Chicago & Erie
Green Bay & Western
-Month
of
March
--------Jan.
1
to
March
31—
Jan.
1
to
March
31
—
---- Month of March------- Month of March--------- Jan. 1 to March 31—
1926.
1925.
1926.
1925.
1925.
1926.
1926.
1925.
•1926.
1925.
1926.
1925.
$
$
$
iff
$
$
S
$
$
S
$
113,192
117,310
347,729
370,911
3,077,366
140.026
1,409,756 1,162.548 3,070,262
102,062
378,942
305,514
12,803
15,292
44,463
52,898
156,319
150,733
50,622
12,059
48,436
11,026
28,000
34,227
133,750
141,119
416,890
451,216
1,576,248 1,325,823 3,487,446 3,491,921
157,433
122,698
421,743
365,324
27,318
25,870
79,114
316,657
70,922
117,822
323,801
131,878
18,728
22,069
54,965
59,195
30,945
88,696
28,860
78,903
465,016
397,072
154,139
157.18-1
23,470
15,191
64,719
50,259
5,575
5,241
72,152
16,535
15,975
73,581
24,303
23,222
4,453
4,724
13,842
11,753
47,437
46,179
145,567
145,175
411,110
413,119 1,185,922 1,207,655
54,231
44,994
151,741
138,136
118,462
114,237
352,122
335,581
748,351 2,103,215 2,177,671
103,266
765,428
89,548
292,688
267,152
15,288
26,882
64,768
115,635
577,472 1,384,231 1,314,250
810,820
54,167
33,150
129.055
98,172
5,500
160,500
5,500
16,500
191,475
16,500
56,700
63 825
10,000
7,500
27,000
22,500
4
17
79
202
212
7
36
140
9,784
21,382
48,251
98,933
520,765 1,1-92,544 1,153,671 ;
746,959
44,167
25,650
101,915
75,672
—8,391
5,782
3,018
338,561
232,189
56,115
262,825
438,954
42,215
17,715
97,663
54,137
249
249
249
269
249
269
269
269
234
234
234
234
New Jersey & New York
Galveston Wharf
Gulf Mobile & Northern
-Monthof
March
---—
Jan.
1
to
March
31---- Month of March----- —Jan. 1 to March 31—
—Month of March---- -Jan. 1 to March 31—
1926.
1925.
1926
1925.
1925
1926.
1925.
1926.
1926.
1925.
1926.
1925.
$
$
S
$
$
$
S
$
$
83,021
70,437f
26,077
36,190
487,491
490,000 1,380,127 1,374,877
279,654
297,428
99,271
92,580
29,995
33,834
98,415
109,058
104,683
158,899
319,472
381,330
378,604
522,721
130,733
136,443
540.413
545,508 1,544,754 1,547,557
39,581
54,445
54,935
112,644
47,853
147,734
18,354
16,213
92,090
73,835
247,789
230,624
7,177
73,244 ;
3,895
14,407
70,491
11,229
23,906
26,112
91,680
105,055
246,799
286,019
4,004
1,615
944
4,129
4,263
2,654
1,489
1,387
23,947
22,136
64,953
97,140
28,903
35,021
212,870
218,756
89,245
133,783
70,761
79,617
145,944
157,244
428.963
466,008
357,490;
83,224
105,621
238,754
329,779
354,638
118,152
128,860
376,560
379,759 1,062,771 1,125,350
21,459
23,840
53,278
23,966
80,718
12.581
192,942
7,583
163,853
165,749
481,983
422,207
10,700
17,000
10,926
17,000
51,000
3,700
3,642
51,000
40,394
34,084
14,210
90,435
90
1,138
54
43
1,138
370
358
562
975
4,459
11,902
13,050|
36,278
8.827
29,718
141,899
2,803
123,089
131,307
357,211
330,797
4,374
36,079
29,386
—29,533 —21,107 —79,547 —77,843
141,356
118,499
115,846
342,437
288,574
13
45
13
45
13
45
45
13
466
465
466
465




8
Gulf & Ship Island

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., lncl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,lncl .oth.
Net from railroad___
Taxes
_____
Uncollectible revenue.
Net after taxes, &c_
Net after rents..
Aver, miles of r’d oper.

Freight revenue . ____
Passenger revenue__
Tot., incl. other rev.
Expenses— Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp.,incl.oth.
Net from railroad___
Taxes ___
__ __
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

Kansas City Mex & Gr Ry of Texas

1926,

S

267,843
48.998
348,403
158,510
70.280
5,674
142,178
387,266
—38,863
25,653
Cr4
—64,512
—77,550
307

1925.

8

1926.

S

253.295
817,797
37.580
150,250
321.608 1,052,647
48,650
402,570
47,271
198,994
7,311
15,563
91,800
426,197
221,841 1,075,220
99,767 —22,573
26.455
76,959
31
610
73,281 —100,142
51 ,'281 —171,303
307
307

1925.

1926.

733.701
114,654
939,145
127.649
131,859
22,820
262,379
628,008
311.137
84,371
486
226.280
177,262
307

230,035
15,549
260,519
48.455
72,013
7,548
78,736
214,033
46.486
7,000
416
39,070
6,539
465

S

s

1926.
8
1,401,390
60,790
1,543.939
153,545
414,975
14,874
• 453.078
1,083,589
460,350
111,708
348,642
341,348
348

1925.
8
1,112.244
59,236
1,241,933
140,953
413,354
14,096
392,767
997,821
244,112
100,238
20
143,854
142,838
348

1926.
8
3,841,054
193,719
4,260,647
477.340
1,199,285
44,394
1,378,123
3,223,485
1,037,162
335,123
44
701,995
887,858
348

1925.
S
227,918
12,957
249,941
49,443
56,951
6.064
87,674
205,648
44,293
7,000
187
37,106
21,546
465

1926.
•
700,714
44,435
780,055
142,855
193,672
21,923
240,790
620,148
159,907
21,000
423
138,484
27,133
465

1925.

1926.

1925.

1926.

759,559
39,331
827,689
132,622
154,934
18,563
257,931
580,462
247,227
21,000
187
226,040
165,240
465

450,555
1,513
459,973
36,612
101,310
4,499
138,361
298,390
161,583
12,595

375,849
1,719
384 ,414
41,357
103,218
5,424
130,619
300.729
83,683
13,869

844,476
4,410
869,168
92,378
247,805
14,108
352,615
758,491
110,677
27,498

1925.
S
1,113,169
5,867
1,139,425
131,853
332,609
16,777
399,906
939,030
200,395
36,151

148,988
167,719
219

69,816
73,092
219

83,179
121,313
219

164,244
188,627
219

S

$

Kansas Okla hoira & Gulf

Lehigh Valley

Former y Missouri Oklahoma & Gulf
----- Month of March——•
----- Month o f March------ —Jan. 1 to March31—
1926.
1925.
1925.
1926.
$
8
1925.
1926.
1925.
$
197,848
160,516
471,254 6,117,538 5,557,461
598,776
3,315,729
550,980
4,869
6,848
17,237
23,760
538,720
193,516
208.471
173,456
3,711,592
632,823
512,029 7,151,864 6,625,860
75.384
61,374
215,603
166,773
701,908
691,436
382,548
28,277
33,186
82,201
93,307 1,454,597 1,285.259
1,256,774
10,879
8,949
28,643
25,660
120,257
41,861
112,839
75,372
71,897
223,228
215,469 2,772,828 2,597,626
1,213,056
194,468
182,169
575,864
3,004,852
524,127 5,216,518 4,846,018
14,003
—8,713
56,959 —12.098 1,935,346 1,779,842
706,740
8.648
8,657
23,272
27,550
300,713
391,965
375,855
1
13
10
314
786
Cr.6,607
5,354 —17,370
33,674 —39,658 1,542,595 1,410.594
405,713
—7,035 —27,477
—8,162' —69,471 1,366,159 1,304.489
601,544
314
314
314
314
348
1,363
1,374

—Month of March----- —Jan. 1 to March 31—

Illinois Central System

EARNINGS.

Lehigh & New Engl and
1 to March 31—

----- Month of March------ —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31— ----- Month of March------ —Jan.

Hocking Valley
EARNINGS.

[Vol. 122,

RAILWAY EARNINGS

Kansas City Southern System
Kansas City Southern

Incl Yazoo & Mississippi Valley

----- Month of March------ —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—

—Jan. 1 to March 31—

1925.
1926.
«
8
13,057,120 15,072,420
1,701,458 1,695,026
15,969,367 18,198,409
1,964,794 2,097,901
3,798,101 3,845,218
362,416
337,286
7,429,244 7,709,110
14,049,431 14,471,800
1,919,936 3,726,609
677.896
917,642
3,820
Cr.5,385
1.238,220 2,814,352
788,246 2,411,488
1,363
1,374

Los Angeles & Salt Lake

----- Month of March----- —Jan. 1 to March 31—

1926.
$
1,602,823
358,359
2,132,391
498,722
426,619
63,284
624,306
1,756,511
375,880
132,745
181
242.954
153,707
1,207

1925.
1926.
1925.
1926.
1925.
1926.
1925.
1926.
1925.
1926.
1925.
$
8
«
Freight revenue____ 11,574,008 10,913,224 34,313,673 32,492,194 1,343,865 1,291,762 3,796,140 3,518,872
1.373,732 4,300,382 4,070,544
118,849
111,100
348,839
367,350
2,227,431 2,283,307 7,318,956 7,232,644
Passenger revenue__
352,989
996,206 1,008,483
Tot., incl. other rev. 14,876,357 14,249,688 44,638,734 42,750,022 1,607,735 1,535,852 4,565,007 4,263,761
1,873,170 5,806,365 5,524,611
183.182
196,047
476,737
517,855
Expenses—Maint .way 2,035,153 1,746,491 5,758,523 5,271.792
309,015 1,279,252
951,932
260,264
278,796
736,754
801,191
Maint. of equipm’t. 3,382,604 3,007,724 9,801,625 8,778.530
389,496 1,256,110 1,148,176
49,066
42,473
147,677
268,087
129,329
Traffic expenses. .
215,756
888,480
753,540
68,315
183,760
192,227
500,215
480,429 1,467,918 1,429,562
Transportation exp. 5,406,780 5,247,100 16,126,916 16,013,185
651,297 1,913,893 1,940,935
Tot .exp. .incl .oth. 11,544,353 10,649,082 33,895,658 32,082.663 1,077,907 1,069,491 3,061,882 3,100,602
1,545,623 5,048.341 4,602,455
529,828
466,361 1,503,125 1,163,159
Net from railroad . . 3,332,004 3,600,606 10,743,076 10,667,359
327,547
758,024
922,156
109,455
94,042
322,888
282,125
1,026,580 1,169,419 3,143,907 3,352,335
Taxes . __
...
138,431
398,477
414,462
421
214
1,072
81
3,785
Uncollectible revenue.
3,500
8,431
8,075
29
384
381
421,952
372,105 1,179,165
880,953
Net after taxes, &c. 2,301,639 2,427,687 7,590,738 7,306,949
189,087
359,163
507,313
387,220
354,327 1,063,326
825,715
Net after rents ..
2,358,169 2,476.088 7,557,202 7,448,335
112,116
110,902
312,452
784
773
784
773
Aver, miles of r’d oper.
6,254
6,254
6,255
6,255
1,207
1,207
1,207
Texarkana & Fort Smith
Illinois Central
Louisiana & Arkansas
----Month
of
March
-----—
Jan.
1
to
March
31—
----- Month of March------ —Jan. 1 to March 31—
----- Month of March----- —Jan. 1 to March 31 —
1926.
1925.
1926.
EARNINGS.
.1925.
1926.
1925.
1926.
1925.
1926.
1925.
1926.
1925.
$
S
8
8
8
8
$
$
8
$
$
228,211
199,943
627,694
614,051
Freight revenue.___
9,974,403 9,355,201 29,562,996 27,915,851
330,146
291,839
956,331
863,239
10,390
11,239
31,553
32,873
Passenger revenue— 1,973,185 2,029,217 6,473,856 6,401,678
18,923
24,725
58,582
77,061
257,162
226,390
709,548
693,026
359,003
Tot., incl. other rev. 12,906.092 12,332,615 38,709,493 37,038.317
323,971 1,039,693
962,999
14,827
19,798
55,083
77,171
Expenses—Maint .way 1,681,276 1,473,341 4,766,102 4,434,691
44,060
54,841
149,709
170,283
11,928
17,163
58,259
61,901
57,808
Maint. of equipm’t. 3,012,958 2,688,778 8,705,830 7,869,529
64,678
173,078
188,465
6,273
5,354
17,671
Traffio expenses—
15,025
235,179
188,332
789,527
669,005
11,781
10,074
34,858
31,365
71,953
65,815
203,417
198.051
Transportation exp. 4,658,731 4,535,490 13,903,319 13,936,633
97,575
93,121
297,613
282,477
116,708
118,241
Tot .exp., incl. oth. 9,983,371 9,270,008 29,332,218 28,043.388
365,458
379,851
227,835
233,507
688,750
706,216
140,454
108,149
344,090
2,922,721 3,062,607 9,377,275 8,994,929
313,175
Net from railroad___
131,168
90.464
350,943
256,783
17,015
15,802
51,046
47,406
Taxes
....
889,052 1.040,718 2,714,279 2,967,894
34,927
27,455
105 172
499
100
891
Uncollectible revenue.
113
7,601
32
3,146
3,536
7,436
133
676
133
122,940
92,247
292,153
265,656
Net after taxes, &c. 2,030,133 2,018,743 6,655,395 .6,019,599
“96,209
62,876
245,094
174,235
91,720
75,400
Net after rents_____
196,985
183,984
2,141,004 2,104,395 6,801,856 6,251,530
78,419
50,722
196,993
140,071
81
81
Aver, miles of r’d oper.
81
81
4,874
4,874
4,875
4,875
302
302
302
302
Yazoo & Mississippi Valley
Lake Superior & Ishpeming
Louisiana Railway & N av Co
----- Month of March----- —Jan. 1 to March 31— —Month of March----- —Jan. 1 to March 31— ----- Month of March—
1926.
1925.
EARNINGS.
1926.
1926.
1925.
1926.
1925.
1925.
1926.
1925.
1926.
1925.
8
$
$
«
8
8
8
«
8
8
$
60,779
58,880
194,989
Freight revenue _____ 1,599,605 1,558,023 4,750,677 4,576,343
189,547
232,382
276,044
740,462
776,504
5,951
5,893
16,217
Passenger revenue__
254,246
254,090
17.324
16,087
845,100
830,966
16,560
51,337
51,485
70,487
67,830
222,468
Tot., incl. other rev. 1,970,265 1,917,073 5,929,241 5,711,705
217,522
264,548
313,605
841,557
896,200
30,258
26,414
Expenses—Maint .way
84,490
353,877
273,150
992,421
837,101
75,162
62,792
78,268
185,274
222,588
27,580
26,121
80,591
Maint. of equipm’t369,646
318,946 1,095,795
909,001
81,374
62,766
50,033
174,621
142,648
467
471
Traffic expenses—
27,424
1,592
32,908
98,953
84,535
1,516
10,887
10,508
32,661
31,958
37,993
Transportation exp.
110.742
35,363
748,049
711,610 2,223,597 2,076,552
109,024
129,714
133,303
397,919
403,313
101,329
Tot. exp., incl. oth. 1,560,982 1,379,074 4,563,440 4,039,275
92,890
292,342
281,232
271,428
280,553
808,652
832.494
Net from railroad___
409,283
537,999 1,365,801 1,672,430 —30,842 —25,060 —69,874' —63,710
—6,880
33,052
32,905
63 706
11,510
11,400
Taxes
_
__
137,528
128,701
429,628
384,441
38,024
22,000
34,095
20.0C0
66,000
60,000
Uncollectible revenue.
249
354
830
639
9
16
Cr.139
588
430
—42,352 —36,460 —107,898 —97,814 —28,896
408,944
Net after taxes, &c.
271,506
935,343 1,287,350
13,191
—33,683
3,276
Net after rents.. .
217,165
371,693
755,346 1,196,805 —47,885 —41,014 —122,108 —110,742 - 59,522 —14,275 —135,468 —89,145
160
161
Aver, miles of r’d oper.
1,379
1,380
1,379
160
161
337
1,380
337
337
337

Lake Terminal

International-Great Northern

EARNINGS.
Passenger revenue__
Tot., incl. other rev.
Expenses—M aint. way
Maint. of equipm’t.
Traffic expenses
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes ...
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

1926.
S
1,096,778
194,041
1,419,009
247,617
239,282
34,289
595,671
1,164,112
254,897
42,530
337
212,030
138,688
1,159

1925.
8
1,117,499
173,685
1,449,798
276.593
238.301
38,692
565,148
1.163,607
286,191
66,700
291
219,200
136,771
1,159

1926.
8
3,148,754
573,992
4,118,251
733,461
718,780
98,384
1,759,325
3,450,906
667,345
125,430
779
541,136
291,910
1,159

1925.
$
3 276 691
525.605
4,264,993
793,758
720,236
112,047
1,654,946
3,397,346
867,647
140,094
432
727,121
425,920
1,159

Kansas City Mexico & Orient RR
EARNINGS.

Freight revenue__
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp.,ind .oth.
Net from railroad___
Taxes
___
Uncollectible revenue.
Net after taxes, &c.
Net after rents___ __
Aver. miles of r’d oper.

Louisiana Ry & Nav Co of Texas

----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1

1926.

s

1925.
8

1926.
$

1925.
$

88,564
9,227
18,230

87,803
14,877
18,599

239,549
28,779
55,485

266,791
37,320
54,061

52,063
82,273
6,291
5,966

53,262
88,459
—656
6,234

155,703
245,270
—5,721
17,896

158,353
254,897
11,894
18,702

325
2,375
13

—6,890
—7,028
13

—23,617
—16,254
13

—6,808
—2,871
13

Lehigh & Hudson River

1926.
8
99,178
5,345
110,660
23,370
17,584
3,310
50,617
101,178
9,483
4,000
40
5,443
—13,362
206

1925.•
8
101 740
7 >42
116,303
22,016
20,109
2 665

61,569
111,474
4,829
3,744
65
—16,329
206

1925.
8
220,296
5,349
232,995
42,072
67,031
5,759
80,041
311,241
—78,246
10,000
598
—15,225 —88,844
3,610 —107,805
272
272




1926.
$
343,727
17,867
389,811
98,708
123,178
19,288
166,626
428,237
—38,426
12,000
25
—50,451
4,696
272

1925.
«
670,518
20,506
713,292
113,807
161,503
17,498
246,732
666,696
46,596
30,000
598
15,998
—61,847
2721

1926.
8
292,571
1,996
345,106
24,314
27,520
1,885
120,404
199,529
145,577
22,400

1925.
$
240,876
2,730
255,081
26,860
53,525
2,188
94,913
186,968
68,113
13,408

1926.
8
625,102
7,561
734,022
65,570
83,661
5,946
305,562
509,010
225,012
42,800

123,177
86,447
96

54,705
29,903
96

182,212
108,708
96

31 —
1925.
$

18,500
341,179
61,632
46,153

24,374
339.9,58
65,601
53,721

167,816
306,719
34,461
11,852
71
22,538
—38,977
206

159,632
304,707
35 251
11 744
65
23,442
—27 391
206

to March

Louisville & Nashville

----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. I to March 31—• —Month of March—

1926.
$
127,332
5,839
143,157
32.906
49,134
6,579
57,953
154,382
—11,225
4,000

1926.
8

1925.
1926.
1925.
1926.
1925.
$
8
$
$
$
699,471 10,314,684 8,818,091 29,405,310 26,826,824
8,890 1,778,535 1,722,342 5,678,785 5,426,930
749,349 12,802,632 11,243,633 37,051,599 34,231,002
78,503 1,700,942 1,588,532 4,917,308 4,720,630
142,056 2,934,058 2,660,221 8,356,378 8,114,492
239,269
5,985
243,805
767,464
744,236
303,134 >4,456,897 4,046,315 13,380,664 12,457,765
557,595 9,655,217 8,852,810 28,341.423 26,941,132
191,754 3,147,415 2,390,823 8,710,176 7,289,876
37,226
634,705
521,013 1,824,397 l,562'037
44
2,047
2,060
3,892
5,882
154,484 2,510,663 1,867,750 6,881,887 5,721,951
80,786 2,495,995 1,865,328 6,463,064 5,681,145
96
5,038
5.044
5,038
l5,044

May, 1926.]

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .Incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .incl.oth.
.Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

Louisville Henderson & St Louis

Missouri-Kansas-Texas RR

Maine Central

Missouri-Kansas- Texas Ry of Tex

---- Month of March---- —Jan. 1 to March 31— Including Wichita Falls & Northwestern
---- Month of March-Jan. 1 to March 311926.
1925.
1926.
1925.
1926.
$
1925.
1926.
1925.
S
$
272,512
252,332
836,620
784,787 2,219.631 2,157,557 6,338,706 6,434,760
47,179
51,809
151,010
156,539
328,808
360,274 1,105,990 1,187,154
335,273
993,903 2,754,990 2,736,164 8,057,883 8,265,644
321,760 1,034,397
64,857
140,692
51,286
172,194
257,287
801,988
257,768
723,518
36,410
41,584
137.091
127,225
650,841
602,236 1,932,607 1,771,387
7,399
6,617
20,750
21,088
57,700
156,313
52,783
172,361
104,530
98,928
311,426
749,069
323,285
755,617 2,230,414 2,327,784
224,258
208,491
675,010
639,149 1,815,690 1,770,192 5,358,184 5,359,487
111,015
113,269
359,387
354,754
939,300
965,972 2,699,699 2,906,157
23,246
19,367
60,280
72,535
216.706
188,194
599,738
622,318
12
5
156
14
773
829
3,131
3,707
87,757
93,897
294,460
286,696
721,821
776,949 2,074,250 2,302,712
80,899
78,037
244,130
260,798
756,318
769,399 2,238,579 2,356,000
199
199
199
199
1,799
1,799
1,799
1,799
---- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
$
$
$
»
1,492,558 1,361,528 3,842,727 3,733,593
348,435
341,732
928,811
968,106
1,999,468 1,848,891 5,179,477 5,125,498
281,453
262,384
760,892
754,117
354,342
352,032 1,007,903
995,405
12,762
12,633
37,005
37,356
792,743
680,423 2,184,661 2,085,482
1,492,285 1,355,725 4,138,570 4,019,932
507,183
493,166 1,040,907 1,105,566
108,353
100,383
325,061
301,149
12
46
79
126
398,818
392,737
715,767
804,291
353,940
385,479
759,562
669,551
1,121
1,207
1,121
1,207

Month of March
1926.
1925.
$
1,16$8,847
1,365,066
306,006
340,239
1,624,105 1,851,057
233,393
251,351
222,640
273,639
41,248
40,308
659,835
700,223
1,235,656 1,329,917
388,449
521,140
53,282
77.699
1,445
1,280
333,722
442,161
165,730
242,474
1,389
1,389

Midland Valley

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. .incl.oth.
Net from railroad___
Taxes___ j._________
UncoUectible revenue _
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.

Missouri Pacific

---- Month of March----- —Jan. 1 to March 31— ---- Month of
1926.
1925.
1926.
1925.
1926.
$
1,049,706 1,027,655 2,980,662 3,264,220 1,539,964
108,593
104,926
317,110
349,422
104,200
1,224,764 1,197,173 3,490,639 3.813,494 1,737,344
175,309
368,106
198,359
425,694
229,945
291,917
274,591
831,714
793,067
311,960
37,687
30,703
110,276
91,191
53,041
552,923
576,228 1,632,482 1,818,299
578,833
1,100,419 1,131,883 3,069,626 3,280,156 1,218,982
124,345
65,290
421,013
533,338
518,362
64,211
61,718
192,680
197,622
94,727
173
179
574
687
586
62,454
900
227,759
335,130
422,948
32,978 —63,167
141,062
151,682
369,101
1,627
1,638
1,627
1,638
1,161

Minn St Paul & Sault Ste Marie

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents__ ____
Aver, miles of r’d oper.

---- Month of March--------- Jan. 1 to March 01—■
1926.
1925.
1926.
1925.
$
$
$
2,76^,713
2,786,078 7,787,849 8.117,980
471,816
451,495 1,476.634 1,459,681
3,515,085 3,514,535 10,051,495 10,346,307
446,652
455,532 1,293,347 1,308,056
780,316
698,060 2,199,966 2,124,017
73,863
67,548
207,033
197,286
1,525,332 1,500,186 4,416,125 4,543,907
2,965,708 2,842,902 8,509,627 8,534,103
549,377
671,633 1,541,868 1,812,204
243,662
241,623
709,550
715,447
414
476
1,524
1,624
305,301
429,534
830,794 1,095,133
245,169
328,468
568,986
720,912
4,400
4,403
4,400
4,403

Mississippi Central

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—-Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

—Month of March
—Jan. 1 to March 31—
1926.
1925.
1926.
1925.
$
S
$
120,626
114,247
353,266
333,727
8,757
11,491
29,914
36,602
133,572
130,535
396,936
386,339
19,014
16,311
50,335
52,791
26,123
21,599
77,363
66,700
7,362
6,874
22,131
20,803
36,793
33,622
106,934
115,446
96,842
85,688
279,014
281.118
36,730
44,847
117,922
105,221
10,422
10,442
30,565
24,565
2,052
2,066
26,308
32,353
87,357
78,590
33,982
34,191
103,922
83,041
161
164
161
192

Missouri & North Arkansas

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
UncoUectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

Jan. 1 to March 31—
1926.
1925.
$
4,11$2,179
3,510,531
961,252 1,062,718
4,914,054 5,642,973
636,826
731,488
646,356
902,509
129,267
123,458
2,070,638 2,217,667
3,705,298 4,191,831
1,208,756 1,451,142,
159,508
180,663
3,782
1,915
1,047,333 1,266,697
506,778
629,588
1,389
1,389

---- Month of March----- —Jan. 1 to March 31— ---- Month of March--------- Jan. 1 to March 31—
1926.
1925.
1926.
1926.
1925.
1925.
1926.
1925.
8
8
$
$
$
»
S
$
303,858
305,500
848,514
898,670 8,932.257 8,613,421 25,549,428 25,340,721
29,616
39,055
94,673
125,968 1,234,847 1,291,800 3,915,084 4,014,668
345,906
356,980
983,839 1,067,543 11,037,489 10,712,493 31,927,512 31,777,896
55,592
66,743
118,696
137,027 1,673,526 1,543,680 4,481,468 4,185,074
31,624
51,819
106,868
138,558 2,287,200
------------ 2,324,765 6,756,314 6,651,477
6,346
6,488
19,341
18,580
279,761
228,089
787,431 . 715,779
88,169
108,676
263,271
326,519 4,000,156 4,090,112 11,765,052 12.649,413
201,373
252,143
675,120 8,572,825 8,571,881 24,788,890 25,347,983
561,966
144,533
104,837
421,873
392,423 2,464,664 2,140,612 7,138.622 6,429,913
16,770
16,875
50,312
50,624
436,976
421,037 1,378,941 1,259,194
24
93
132
105
3,336
2,998
9,181
8,696
127,634
87,974
371,117
342,006 2,024,352 1,716,577 5,750,500 5,162,023
106,871
72,387
318,547
291,262 1,564,909 1,231,769 4,550,202 3,602,292
364
364
364
364
7,347
7,338
7,344
7,337

Min neapolis & St Louis

EARNINGS.

9

RAILWAY EARNINGS

---- Month of March
■—Jan. 1 to March 31—
1926.
1925.
1926.
1925.
S
$
$
133,031
14,076
338,476
314,917
14,634
14,729
46,574
46.859
155,850
137,708
410,661
387,551
48,959
25,288
136,557
78,780
29,987
29,635
70,751
69,045
8,177
6,102
22,558
15,750
57,691
53,033
163,718
158,563
151,494
120,383
414,808
343,069
4,356
17,325
—4,147
44,482
2,350
2,350
7,050
7,050
124
17
590
405
1,882
14,958 —11,787
37,027
—12,033
4,710 —48,132
9,371
364
364
364
364




Nevada Northern

—Month of March-------- Jan. 1 to March 31—
1926.
1925.
1926.
1925.
S
S
S
56,895
69,868
183,835
203,196
8,120
8,792
24,494
25,279
71,943
84,449
228,526
246,084
19,592
14,201
42,374
53,899
7,797
19,752
7,028
25,496
817
1,155
2,556
2,996
18,534
14,554
45,445
54,535
41,689
53,199
125,539
152,398
31,250
30,254
102,987
93,686
10,984
32,953
10,476
31,429
2
2
70,032
19,268
20,774
62,257
20,679
21,226
73,326
62,370
165
165
165
165

Newburgh & South Shore

—Month of March--------- Jan. 1 to March 311926.
1925.
1926.
1925.
$
s
s
s
178,206
13,644
43,364

168,237
10,567
42,337

494,369
29,147
127,338

523,254
34,769
114,917

76J48
137,917
40,289
13,794

70,135
127,427
40.810
12,790

226,556
395,181
99,188
38,783

222,976
388,246
135,008
38,983

26,495
41.823
7

28,020
27,280
7

60,405
75,882
7

_ 96,025
103,472
7

New Orleans Great Northern

—Month of March---- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
$
S
S
S
217,783
207,508
680,430
621,375
23,265
24,601
71,167
72,353
247,848
239,880
772,182
719,793
28,721
36,321
85,829
101,523
51,566
37,863
148,674
117,582
6,509
7,995
20,442
20,086
77,586
80,200
223,196
229,831
176,162
174,288
513,032
501,638
71,686
65,592
259,150
218,155
19,160
19,240
58,777
59,257
15
45
250
148
52.511
46,307
200,123
158,750
39,074
36,205
153,867
125,280
274
274
274
274

New Orleans Texas & Mex System

Mobile & Ohio

March---- - —Jan. 1 to March 31—
New Orleans Texas & Mexico
---- Month of March--------- Jan. 1 to March 31—
1925.
1926.
1925.
1926.
1925.
1926.
$
S
1925.
S
218,274
231,251
1,437,917 4,296,084 4.002,741
673,782
695,215
29,738
29,307
128,970
96,287
346,819
412,661
92,634
259,463
272,766
1,666,910 4,903,397 4,688 161
800,859
819,024
39,380
47,122
213,556
127,270
656,201
643,856
155,117
63,454
53,658
285,716
918,504
170,824
847,103
154,878
9,002
9,052
146,421
28,086
50,986
147,237
23,648
84,349
72,578
583,348 1,686,967 1,680,106
233,967
208,065
211,107
191,415
604,585
568,621
1,179,577 3,543,023 3,451,625
48,356
81,351
487,333 1,360,374 1,236,536
196,274
250,403
25,749
22,000
85.221
75,826
279,181
257,663
64,978
28
52
435
2,005
1,556
251
1,418
22,579
59,299
120,197
184,007
401,677 1,079,188
977,317
77,667
125,398
346,130
908,770
271,654
789,245
372,284
191
•
191
1,161
191
1,161
1,161
191

Monongahela Connecting

-Month of March-------- Jan. 1 to March 31—
1926.
1925.
1926.
1925.
$
$
$
$
195,879
19,566
35,488
374
89,887
148,688
47,191
4,933

221,545
25,915
48,320
374
110,070
187,896
33,648
4,864

619,755
57,924
111,047
1,124
294,628
474,312
145,443
15,695

649,305
70,420
137,615
1,124
342.910
562,854
86,450
14,648

42,258
37,801
7

28,784
29,843
7

129,748
118,628
7

71,802
71,072
7

Montour

—Month of March---- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
«
$
$
56,176
88,939
156,085
313,148
315
963
893
2,793
57,150
90,842
158,463
318,637
17,372
22,423
43,994
59,953
51,382
40,078
107,309
143,811
1,352
1,121
4,122
3,072
15,958
27,685
46,181
93,062
81,488
110,045
222,265
321,945
-24,338
-19,203
—63,802
—3,308
1,842
2,728
5,602
14,705
3
—26,180 —21,931
-69,404 —18,016
6,872
8,610
19,617
78,617
57
57
57
57

Nashville Chattanooga & St Louis

-Month of March-------- Jan. 1 to March 31—
1926.
1925.
-----1926.
1925.
8
$
$
1,696,562 1,556,949 4,478,767 4,274,581
370,812
372,593 1,188,930 1,202,493
2,219,307 2,089,031 6,092,581 5,951,623
363,683
330,781
909,826
833,232
414,041
447,928 1,191,426 1,327.087
82,141
77,194
249,581
233,215
765,294
739,526 2,205,780 2,165,175
1,715,947 1,678,698 4,798,967 4,814,713
503,360
410,333 1,293,614 1,136.910
75,000
60,000
225,000
180,000
Cr793
207
467
522
428,153
351,126 1,068,147
956,388
415,009
328,365 1,060,680
910,981
1,259
1,259
1.259
1,259

Beaumont Sour Lake & Western

-Month of March----

Jan. 1 to March 31—

St. Louis Brownsville & Mexico

-Month of March--------- Jan. 1 to March 31—•
1926.
1925.
1926.
1925.
$
$
$
694,456
598,261 1,649,969 1,566,406
117,613
115,897
359,237
346,546
872,014
757,267 2,155,038 2,063,166
135,736
111,649
432,403
365,598
112,209
75,309
359,692
242,404
21,422
20,991
65,483
52,723
219,530
179,406
565,387
554,932
480,838
411,243 1.459,155 1,252,696
391,176
346,024
695,883
810,470
30,581
29,725
91,743
89,175
386
Cr221
203
874
360,209
316,096
604,361
720,421
268,554
248,829
458,166
516,867
550
550
550
550

New York Chicago & St. Louis

-Month of March--------- Jan. 1 to March 31—
1926.
1925.
1926.
1925.
s
$
$
4,527,839
4,316,334 12,612,219 12,511,555
127,321
136,750
371,717
395,176
4,821,472 4,604,142 13,418,908 13,336,935
512,111
503,961 1,507,273 1,507,136
901,464
839,762 2,595,648 2,542,154
122,253
115,994
364,921
357,677
1,628,986 1,628,172 4,780,262 4,919,440
3,328,910 3,162,306 9,680,034 9,742,891
1,492,562 1,441,836 3,738,874 3,594,044
251,117
246,852
753,351
743,153
1,253
1,323
2,354
2,139
1,240,192 1,193,661 2,983,169 2,848,752
1,124,293 1,084,254 2,539,976 2,582,351
1,691
1,695
1,691
1,695

RAILWAY EARNINGS

10

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.
EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—-Maint .way
Maint. of equipm’tTraffic expenses__
Transportation exp.
Tot .exp.,incl .oth.
Net from railroad.__
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents_____
Aver, miles of r’d oper.
EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad.__
Taxes______________
Uncollectible revenue.
Net after taxes, &c_
Net after rents______
Aver, miles of r’d oper.
EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp_
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.
EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad.__
Taxes______________
Uncollectible revenue.
Net after taxes, &c_
Net after rents______
Aver, miles of r’d oper.

New York Central System
New York Central RR.
---- Month of March--------- Jan. 1 to March 31—
1926.
1925.
1926.
1925.
21,996,050 19,369,516 59,073,101 55,924,659
7,288,507 6,813,829 22,513,662 21,340,340
33,395,950 30,292,180 92,869,688 88,125,596
3,842,768 3,419,371 1,0922,190 10,340,249
8,003,351 6,569,866 21,799,321 19,303,075
363,902 1,174,484 1,094,514
402,502
11,779,441 11,317,562 33,690,740 34,620,586
25,750,446 23,016,431 72,508,315 69,223.344
7,645,504 7,275,749 20,361,373 18,902,252
2,166,042 2,204,030 6,214,069 6,001,349
30,863
34,957
11,102
8,950
5,468,360 5,062,769 14,116,441 12,865,946
5,453,127 4,773,294 13,838,438 12,352,020
6,922
6,922
6,930
6,930
Cincinnati Northern
---- Month of March---- —Jan. 1 to March 31—
1925.
1926.
1925.
1926.
8
8
8
8
321,224 1,138,042 1,044,078
387,938
20,435
26,163
8,227
6,710
400,682
336,971 1,174,800 1,088,636
116,542
113,448
40,529
30,763
198,072
200,996
61,539
73,231
18,684
5,319
17,137
6,042
380,112
402,055
129,336
133,481
761,383
741,725
236,617
260,641
346,911
100,354
413,417
140,042
69,006
22,241
78,217
27,134
22
22
335,178
277,905
78,113
112,886
241,815
199,781
62,398
88,944
244
244
244
244
Cleve Cin Chic & St L (incl Peo & East)
---- Month of March---- -—Jan. 1 to March 31—
1926.
1925.
1925.
1926.
8
$
8
8
5,924,399 5,350,212 16,646,928 16,411,343
1,213,174 1,174,044 3,735,938 3,669,884
7,798,330 7,111,924 22,143,221 21,787,640
788,256 2,145,008 .2,181,452
773,359
1,687,557 1,458,687 4,850,094 4,473,133
121,068
383,320
355,880
145,510
2,885,264 2,689,656 8,533,460 8,306,596
5,872,351 5,319,159 16,999,505 16,083,426
1,925,979 1,792,76J> 5,143,716 5,704,214
434,217 1,325,436 1,323,811
477,138
14,686
1,726
4,859
12,871
1,435,970 1,356,822 3,803,594 4,375,544
1,441,048 1,358 188 3,736,040 4,149,466
2,398
2,398
2,391
2,391
Indiana Harbor Belt
---- Month of March---- —Jan. 1 to March 31—
1925.
1926.
1926.
1925.
$
8
$
$
—
_____
_____
_____
951,191 2,675,850 2,732,750
957,972
87,202
274,849
237,438
80,505
385,782
145,771
335,130
114,658
15,166
16,366
5,199
4,657
414,132 1,318,559 1,273,746
469,325
675,702 2,036,365 1,981,029
699,918
275,489
639,485
751,721
258,054
125,625
104,714
60,335
45,990
111
2,305
916
Cr .209
646,091
229,388
511,555
197,928
124,324
370,629
298,164
180.307
116
116
116
J16
Michigan Central
---- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1925.
1926.
8
8
8
8
6,202,148 5,211,166 15,797,356 14,477,142
1,462,323 1,407,015 4,778,677 4,457,316
8,483,516 7,382,858 22,773,972 21,002,585
790,749 2,048,762 2,187,428
757,668
1,610,208 1,624,838 4,500,815 4,391,188
111,718
346,183
316,081
128,150
2,754,847 2,525,309 7,610,735 7,508,009
5,711,734 5,285,268 15,630,030 15,102,448
2,771,782 2,097,590 7,143,942 5,900,137
439,501 1,448,772 1,254,445
525,131
1,602
6,220
7,871
1,141
2,345,510 1,656,487 5,687,299 4,639,472
1,728,447'
5,411,115
4,729,362
2,136,080
1,862
1,871
1,862
1,871
Pittsburgh & Lake Erie
---- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1925.
1926.
$
$
8
8
2,538,574 2,532,975 7,353,597 7,639,259
715,064
241,629
719,137
233,695
2,873,878 2,867,594 8,335,626 8,639,899
382,778 1,104,130 1,031,989
367,441
897,242 2,537,999 2,607,721
938,369
76,927
21,546
70,281
25,880
945,593 2,729,661 2,837,392
904,263
6,684,264
2,270,512
6,767,78?
2,315,338
597,082 1,651,362 1,872,117
558,540
558,000
543,000
173,900
197,500
373
91
160
178
423,091 1,092,989 1,328,957
360,862
770,216 2,312,050 2,507,489
740,022
231
231
231
231
New York Connecting
---- Month of March—- —Jan. 1 to March 31—
1926.
1925.
1925.
1926.
8
61$4,525
596,618
199,993
221,559




257,297
37,221
14,485

230,646
6,412
13,558

681,043
68,821
34,751

691,573
21,881
26,229

51,465
104,594
152,703
38,000

43,711
64,820
165,826
41,250

154,072
262,403
418,640
114,000

154,632
206,744
484,829
120,250

114,703
104,356
20

124,576
110.811
20

304,640
282,219
20

364.579
336,078
20

[Vol. 122,

Pennsylvania Railroad
Incl Penn Company, Grand Rapids &
Indiana and P C C & St L
---- Month of March---- —Jan. 1 to March 31—
42,111,968 36,518,011 116135,500 107551,400
10,992,180 11,161,939 33,870,044 34,183,665
58,234,574 52,522,631 164203,431 155648,580
7,481,892 6,466,187 22,148,897 19,286,534
1,215,393 1,046,205 3,620,718
14,431,982 14,335,941 40,738,125 41,785,196
2,330,709 2,416,817 6,691,658
641,962 2,054,207 1,918,919
710,329
218,143
72,236
74,204
4,119,897 3,978,802 11,790,516 11,791,256 22,079,348 20,578,148 64,864,604 61,871,871
47,023,618 44,243,185 136732,524 131637,844
8,208,687 ========
11,210,956 8,279,446 27,470,907 24,010,736
3.334 46Z) “2,625,081 7,346,719
2,449,637 2,212,715 5,906,503 5,335,243
328,206 1,344,825
448,275
34.521
67,339
58,301
15,978
2,924
1,769
1,690
8,726,798 6,050,753 21,497,067 18,617,192
2,884,500 2,295,106 5,998,970
7,366,881 4,969,600 17,922,298 15,095,494
10,507
10,500
10,500
10,507
1,918
1,957
1,918
1,9
Baltimore Chesapeake & Atlantic
New York Ontario & Western
---- Month of March— —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
1925. i
1926.
1926.
1925.
8
8
$
$
$
$
169,119
180,018
69,672
69,526
873,272
519,546 1,423,998
64,599
24,393
52,710
21,280
78,862
264,637
89,668
262,014
96,018
100,074
238,045
758,993 2,136,411
1,124,475
2,754
12,193
18,937
30,673
267,272
115,949
97,443
77,947
92,900
29,425
31,111
541,387
201,343
238,777
4,558
1,760
4,567
1,401
17,412
16,024
47,609
212,734
220,763
74,828
1
76,040
418,988 1,185,266
492,826
324,444
359,332
•
113,749
123,880
791,524 2,148,583 2,552,533
885,744
—17,731 —23,806 —86,399 —97,318
238,73i ‘
-32,531 —12,172
3,145
2,027
46,000
150,000
50,000
39
27
106
118
3
188,728 —78,637 —162,290 —109,012 —20,876 —25,833 —86,426 —97,357
—21,898 —27,726 —90,268 —103,382
131,873 —115,973 —274,923
130
130
130
130
569
569
569
Long Island
New York Susquehanna & West’n
---- Month of March----- -—-Jan. 1 to March 31—
Month of March1926.
1925.
1926.
1925
1926.
1926.
1925.
1925.
$
$
8
$
$
$
$
$
863,773 2,377,112 2,303,040
885,751 1,019,004
395,073
278,950
803,901
1,663,212 1,559,215 4,938,909 4,553,459
55,234
50,517
153,565
381,034 1,162,226 1,185,521 | 2,930,979 2,627,977 7,904,422 7,445,487
505,189
470,486
370,593 1,230,885 1,079,053
57,216
44,548
159,030
507,259 1,559,323 1,444,171
553,550
58,794
59,305
160,093
25,844
20,588
74,377
60,183
4,232
12,479
4,135
1,394,582 1,282,416 3,880,687 3,767,620
202,948
225,583
607,818
359,004
321,507
975,016 1,020,307 2,524,630 2,262,056 7,009,329 6,588,640
365,921
406,349
895,093
856,847
146,185
59,527
127,210
70,142
158,032
73,413
150,991
29,234
28,900
87,702
2,038
338
2,730
3,783
751
48
43
330,898
295,441
734,331
702,073
116,908
39,460
29,876
80,094
606,262
135,993
244,753
433,574
104,900 ‘
11,302
16,143
27,291
397
397
397
397
135
135
135
Monongahela
Norfolk & Western
---- Month of March---- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
1926.
1925.
1926.
1925.
$
$
$
8
$
S
$
S
484,249
394,908 1,688,851 1,283,328
8,551,685
24,961
26,397
73,022
79,712
586,227
621,408 1,788,914
517,387
426,140 1,789,531 1,374,826
9,450,578
62,500
62,500
187,500
187,500
1,209,533 1,146,367 3,571,091
65,000
65,000
195,000
195,000
1,839,197 1,770,487 5.253,129
1,042
1,123
3,089
3,860
106,566
101,804
322,660
148,907
537,714
117,977
386,256
2,449,086 2,328,664 7,368,809 7,133,911
284,687
255,584
950,598
801,502
5,782,779 5,542,179 17,011,288 16,448,170
170,556
232,700
838,933
573,324
3,667,799 2,304,181 9,740,826
23,000
16,000
81,500
48,000
750,000
600,000 2,250,000
294
121
470
342
1,175
178
5,260
817
209,406
154,435
756,963
524,982
2,916,624 1,704,003 7,485.566 5,659,631
129,222
100,944
487,714
338,653
3,249,228 1,860,685 8,398,531
132
130
130
132
2,241
2,240
2,241
2,240
Toledo
Peoria
&
Western
Norfolk Southern
---- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
1926.
1925.
1926.
1925.
«
e
8
$
S
$
8
$
82,928
87,631
256,178
297,179
797,602 1,983,792 1,866,903
817,780
22.145
27,153
67.028
85,626
197,584
60,661
74,216
114,691
123,820
350,951
412,417
925,517
918,432 2,308,523 2,241,116
19,886
22,716
58,011
66,636
296,208
104,067
105,516
287,501
31,543
43,493
92,228
125,445
130,108
130,336
340,919
295,009
1,889
2,448
5,639
6,700
23,421
67,802
22,499
68,961
64,779
71,853
194,636
221,887
329,012
325,344
887,542
902,356
124,992
147,390
370,464
441.367
604,827
612,554 1,649,723 1,640,152
305,878
600,964 , —10,301 —23,570 —19,513 —28,950
320,690
658,800
21,000
7,000
6,000
18,000
44,088
142,809
47,673
132,262
34
13
488
4,094
1,142
8,254
272,529
257,696
514,849
460,448 —17,301 —29,570 —40,547 —26,963
36,405 —4§,498 —71,994
204,183
218,081
405,237
353,501 —17,182
931
247
248
248
247
931
931
931
West Jersey & Seashore
Northwestern Pacific
---Month
of
March
---—
Jan.
1
to
March
31
—
---- Month of March--------- Jan. 1 to March 311926.
1925.
1926.
1925.
1925.
1926.
1926.
1925
8
8
8
$
S
$
447,523
400,563 1,080,971 1,075,941
302,754
293,547
818,380
821,737
468,757
473,258 1,309,302 1,331,964
154,188
151,697
412,430
429,405
926,715 2,533,262 2,560,790
969,590
497,062 1,355,962 1,388,988
501,056
580,588
197,413
162,290
486,825
99,958
286,993
102,901
276,390
170,032
448,464
154,760
505,661
238,194
86,816
92,517
247,795
15,409
12,291
40,370
35,906
6,657
5,371
16,133
15,853
457,856 1,336,867 1,344,925
465,270
229,701
610,777
651,836
211,107
859,502
827,149 2,481,671 2,446,526
424,590
446,921 1,205,217 1,244,522
99,566
110,088
51 591
114,264
50,141
150,745
144,466
76,466
18,804
17,460
123,082
45,685
41,027
138,658
479
255
48
164
241
107
88
383
91,029
82,058
51,112
114,100
4,215
27,556
35,351
5,425
70,221
59,983 —16,778
38,638
i,546
27,935
9,546 —23,474
378
367
378
367
480
483
480
493
Peoria
&
Pekin
Union
Northern Pacific
---- Month of March--------- Jan. 1 to March 31— ---- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
1926.
1925.
1926.
1925.
8
8
$
$
s
s
24,919
34,198
68,486
94,604
5,972,044 5,460,140 16,276,157 15,756,240
8,742
3,654
2,916
11,529
929,114
927,679 2,742,541 2,824,879
458,794
154,993
168,393
533,117
7,535,219 7,017,433 20,781,013 20,408,977
12,376
12,833
31,898
35,970
1,092,249
956,648 2,805,526 2,408,072
14,382
40,495
15,643
64,649
1,562,916 1,599,046 4,372,922 4,511,247
1,082
971
2,625
2,426
212,198
159,730
585,482
480,762
78,012
200,866
67,045
250,687
2,720,365 2,697,824 7,928,747 8.386,873
300,962
115,857
103,014
378,558
5,959,865 5,746,489 16,673.324 16,803,936
157,832
52,536
51,979
154,559
1,575,354 1,270,944 4,107,689 3,605,041
16,000
50,000
17,000
48,000
666,514 1,983,465 1,997,775
663,546
6,099
2,678
1,511
638
107,832
36,536
34,979
106,559
911,170
602,919 2,118,125 1,604,588
161 892
173,766
57,278
55,478
979,283 3,284,582 2,599,640
1,340,923
19
19
19
19
6,682
6,694
6,694
6,682
New York New Haven & Hartford
---- Month of March---- —Jan. 1 to March 311925.
1926.
1925.
1926.
$
$
8
$
6,368,823 5,592,453 15,637,622 15,536,560
3,828,363 3,731,419 11,792,167 11,598,109

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp_
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

----- Month of March-—■ —Jan. 1 to March 31—■

1925.
1926.
1925.
1926.
$
$
8
$
3,309,033 2,641,463 8,712,839 7,697,033
912,701 1,002,225
311,858
304,578
3,836,664 3,168,055 10,281,493 9,341,032
820,528
685.228
242,230
328,016
769,092 2,258,131 2,205,260
780,646
157,408
164,502
53,057
54,840
1,319,296 1,216,361 3,814,067 3,713,769
2,509,061 2,457,875 7,253,287 7,207,688
710,180 3,028,206 2,133,344
1,327,603'
406,733
119,560
596,253
204.129
3,499
502
3,888
1,480
1,121,994
590,118 2.428,065 1,723.112
1,600,785
2,134,816
491.479
986,758
2,264
2,256
2,243
2,263

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—'Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl. oth.
Net from railroad___
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

----- Month of March-—■ —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31—

1926.
8.010,279
769,747
9,189,930
1,064,423
1,910,173
66,306
3,152,657
6,374,252
2,815,678
592,838
446
2,222,394
2,419,683
1,138

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes_______________________

Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

1926.
83,812
4,371
91,722
8.875
5,918
111
49,400
65,296
26,426
6.844
8
19,574
13,983
41

1925.
8
81,808
4,870
90,754
11.084
5,383
112
46,253
63,620
27,134
5,078

22,056
16,918
41

1926.
S
-91,230
14.234
315,314
21,635
17,552
324
134,926
177,433
137,881
23,184
8
114,689
99,088
41

1925.
8
269,519
18,516
299,521
27,592
15.789
325
136,808
183,031
116,490
15,413
101,077
86,057
41

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

1926.
8
133,532
5,896
141,792
19,239
45,312
1,532
38,410
111,148
30,644
165

30,435
41,883
102

1925.
8
88,860
7,285
98,108
14,733
32,198
1,421
30,840
85,756
12,352
161
144
12,047
17,468
102

1926.
S
373,723
15,637
395,281
46,240
125,485
4,140
114,230
310,416
84,865
407

1926.
8
521,831
466,564
1.223,290
85,908
178,081
9,828
396,228
745,840
477,450
85,746
1
391.703
330,012
117

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad___

Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

84,458
125.303
102

----- Month of March—— —Jan. 1 to March 31—

1926.
$
412,315
6,674
453,613
24,448
91,651
8,928
86,568
239,615
213,998
55,586
18
158,394
237,536
92

1925.
$
313,026
8,619
356,556
29,094
108,182
5,347
73,787
243,976
112,580
39,487

73,093
121,840
92

1926.
#
1,143,835
18,720
1,266,363
77,829
259,260
24,156
254,014
705,718
560,645
154,622
74
405,949
652,766
92

Freight revenue_____

Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.

Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.

Net from railroad____

Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

1925.
1,350,910
120,159
1,558,569
248,732
368.521
50,506
382,487
1,127,655
430,914
51,353
541
379,020
311,057
940

1926.
1925.
4,002,963 4,002,284
358,620
381,476
4,608,986 4,634,291
729,934
691,307
809,192 1,020,605
173,046
152,758
1,175,761 1,145,135
3,113,456 3,243,026
1,495,530 1,391,265
219,459
181,951
270
806
1,275,801 1,208,508
1,009,569
958,511
940
950

1926.
8
1,369,016
1,395,233
3,404,578
233,481
513.509
25,090
1,105,531
2,106,388
1,298,190
245,450
57
1,052,683
898,956
117

1925.
«
1,393,324
1,273,867
3,222,112
256,238
486,523
26,527
1,040,161
2,008,068
1,214.044
191,075
84
1,022,885
824,200
117

St Louis Southwestern Ry of Texas

1926.
$
467,226
55,590
573,263
189,962
138,012
24,367
250,655
639,481
—66,218
27,750
108
—94,076
—42,872
807

1925.
8
512,916
62,629
626,597
147,182
198,894
22,435
251,821
655.325
—28,728
26,750
808
—56,286
—13,035
807

1925.
8
1,597,319
205,183
1,946,969
425,659
573,965
68,128
781,265
1,948,872
—1,903
80,250
1,258
—83,411
39,479
807

1926.

1,475,512
170,873
1,793,203
519,697
388,833
73,819
749,468
1,836,185
—42,982
83,250
512
—126,744
31,552
807

1926.
$
376,984
112,351
602,800
91,383
118,830
9,886
240,272
475,208
127,592
32,783

1925.
$
302,137
97,914
502,936
85,959
116,302
10,009
214,409
442,468
60,468
21,766

1926.
8
933,371
317,042
1,571,705
261,848
337,381
28,823
673,264
1,345,938
225,767
77,535

San Antonio & Aransas Pass

94,809
106,765
413

38,702
45,830
413

148,232
185.916
413

St Louis-San

Frar cisco

St Louis-San Francisco

1925.
#
866,271
303,564
1,460,799
263,561
344,239
flow inducted m
27,807
690,463 (rfl.lVAfitAH "R"sL'PTriQlvnT’(T Ar San Anfnnin.
ViaiVCOUUll lltVIilQUlU. g
kJCVll ZxllVVlllLr
1,372.979
87,820
65.382
304
22,134
67,934
413

System

—Jan. 1 to March 31—■

1926.
1925.
16,091,467 15,626.185
3,753,741 3,957,487
21,288.247 20,900,162
2,395,623 2,235.851
4,056,960 4,040,817
316,777
301,411
7,444,756 7,484,040
14,907,453 14,696,858
6,380,794 6,203,304
1,116,421 1.114,723
4,842
8,387
5,259,531 5,080,194
5,119,546 4,981,704
4,902
4,986

San Antonio Uvalde & Gulf

----- Month of March----- -—Jan. 1 to March 31—

1926.

1925.

117,678
21,169
150,823
34,903
16,370
3,381
48,549
109,369
41,454
2,449
10
38,995
19,648
318

95,371
16,368
123,839
21,582
17,635
4,680
57,353
107,036
16,803
3,861
67
12,875
5,905
318

Fort Worth & Rio Grande

1926.
«
355,948
60,616
450,274
88,993
48,821
10,650
149,324
318,539
131,735
10,072
38
121,625
66,761
318

1925.
$
318,398
51,321
402,629
65,128
48,226
14,984
166,001
312,934
89,695
11,092
383
78,220
43,653
318

Seaboard Air Line

----- Month of March----- - —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—

1926.
8
153,847
3,345
161,068
20,729
42,084
1.629
60,016
129,899
31,169
3,205

1925.
8
138,657
4,380
145,920
21,047
39,856
1,772
54,158
122,325
23,595
2,675

27,964
18.892
210

20,920
19,009
210

418,753
9,755
438,661
62,682
111,055
5,527
169,597
366,130
72,531
9,131

1925.
8
415,300
14,045
437,850
58,836
105,918
5,121
168,132
354,506
83,344
7,983

1926.
#
74,118
15,283
99,415
23,675
19,980
3,653
50,089
102,943
—3,528
4,149

63,400
47,314
210

75,361
69,871
210

—7,677
—14,683
233

1926.

1925.
8
83,300
19,814
112,490
23,829
18,866
3,293
57,221
107,612
4.878
4,033
59
786
—4,121
233

1926.
$
243,117
47,252
320,011
65,048
59,585
10,023
154,356
303,787
16,224
12,447
21
3,756
—21,050
233

1925.
$
270,717
56,270
358,011
60,719
66,727
9,304
169,572
390,910
38,101
12,038
112
25,951
—2,177
233

St Louis San Francisco & Texas

----- Month of March—— —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31—

1926.
$
210,235

1925.
S
147,866

1926.
S
562,453

1925.
8
490,374

262,194
14,660
12,165
229
90,376
122,139
140,055
16,528

181,843
17,758
5,492
229
67,749
96,864
84,979
19,587

711,778
49,040
27,544
687
267,651
353,711
358,067
46,902

614,503
44,156
17,211
687
228,068
298,603
315,900
50,311

123,527
39,794
19

65,392
27,322
19

311,165
82,155
19

265,589
102,682
19

Quincy Omaha &Kansas Citv

EARNINGS.

399,083
320,704
117

----- Month of March----1925.
8
1926.
1925.
970,084 5,597,133 5,340,373
23,754 1,163,968 1,231,834
1,097,453 7,257,526 7,026,060
84,968
829,234
787,740
292,888 1,500,497 1,407,655
16,949
111,457
102,352
227,292 2,506,610 2,492,950
716,218 5,181,729 5,001,082
381,235 2,075,797 2,024,978
120,659
347,028
356,378
1,439
2,758
260,576 1,727,330 1,665,842
436,130 1,729,922 1,663,474
92
4,986
4,902

Port Reading

EARNINGS.

1925.
8
525,124
451,989
1,179,966
100,616
167,101
8,486
364,464
710,500
469,466
70,383

Rutland

1925.
8
278,679
19,891
304,857
41 ,639
100,750
4,183
97,179
263,722
41,135
453
190
40,492
63,818
102

Pittsburgh Shawmut & Northern

EARNINGS.

1926.
1,351,674
108,256
1,543,441
193,915
282,049
57,184
385,402
994,151
549,290
74,126
90
475,074
396,178
940

----- Month of March----- •—Jan. 1 to March 31— ----- Month of March—- —Jan. 1 to March 31—

Pittsburgh &. West Virginia

EARNINGS.

1925.
1925.
1926.
6,368,891 19,174,182 19,086,684
792,866 2,346,516 2,574,351
7,537,578 22,569,211 22,718,369
952,594 2,735,049 2,493,193
1,880,145 5,192,244 5,317,164
197,439
198,602
67,997
2,866,558 8,777,926 8.817,552
5,968,770 17,439,499 17,329,097
1,568,808 5,129,712 5,389,272
361,676 1,327,922 1,108,777
313
2,036
175
1,206.957 3.799,754 4,280,182
1,314,848 4,418.944 4,531,992
1,139
1.139
1,137

----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—

Pittsburgh & Shawmut

EARNINGS.

St Louis Southwestern

Successors to Philadelphia & Reading

Richmond Fredericksb & Potomac

Perkiomen

EARNINGS.

St Louis Southwestern System

Reading Company

Pere Marauette

EARNINGS.

11

RAILWAY EARNINGS

May, 1926.]

----- Month of March----- —Jan. 1 to March 31—•

1926.
8
47,641
17,497
72,156
27,214
22,774
762
37,657
90,813
—18,657
4,633

1925.
$
44,712
18,369
70,092
27,319
14,920
763
68,034
113,980
—43,888
4,633

1926.
S
134,473
57,361
213,116
54,028
52,622
2,724
109,973
226,448
—13,332
15,565

—23,290
—25,929
250

—48,521
—51,036
250

—28,897
—37,098
250




1925.
8
125,627
55,242
203,720
56,196
49,213
2,586
146,510
262,282
—58,562
13,897
1
—72,460
—81,110
250

1926.
8
130,268
11,128
147,836
20,898
24,568
4,832
55,524
112,408
35,428
2,370
1,464
31,594
7,384
137

1925.
8
145,707
11,508
161,793
21,302
29,937
5,075
63,231
126,841
34,952
2,335
3
32,614
3,963
137

1926.
S
407,414
35,936
462,320
58,801
71,881
15,200
171,433
•337,321
124,999
7,066
1,817
116,116
40,873
137

Southern Railway System
Southern Railway

----- Month of March----1925.
1926.
1925.
$
505,859 10,264,662 9,371,886
39.694 2,397,570 2,284,943
562.407 13,737,111 12,604,504
68,142 1,857,477 1,736,445
84,412 2,394,189 2,103,621
256,554
239,702
15,227
191.338 4,617,815 4,253,639
381,038 9,538,942 8,741,023
181,369 4,198,169 3,863,481
801,130
750,863
7,090
4,098
3,791
241
174,038 3,392,941 3,108,827
99,804 3,166,998 3,012,902
6,790
6,868
137

St Louis Transfer

Now incluriad in
lerminal Railroad Association

of St. Louis

1925.
1926.
1926.
1925.
8
$
8
$
4,936,427 4,128,117 12,789,705 10,533,874
1,258,611 1,008,164 4,333,369 3,316,012
6,856,734 5,688,049 18,844,445 15,441,471
855,766
577,488 2,445,293 1,889,997
912,305
820,871 2,725.595 2,565,398
191,678
175,963
605,926
508,949
2,479,863 2,091,512 7,035,311 5,921,163
4,755,137 3,926,618 13,754,271 11,661,038
2,101,597 1,761,431 5,090,174 3,780,433
290,000
230,000
870,000
670,000
1,016
1,270
2,292
3,686
1,810,581 1,530,161 4,217,882 3,106,747
1,322,029 1,274,484 2,952,343 2,522,821
3,928
3,778
3,928
3,741
—Jan. 1 to March 31—

1926.
27,453,365
7,509,839
37.944,854
5,406,826
6,712,824
739,952
13,315,738
27,422,593
10,522,261
2,452,618
7,313
8,062,330
7,324,762
6,790

1925.
25,591,894
7,263,175
35,595,766
4,929,633
6,344,687
707,121
12,604,941
25,783,166
9,812,600
2,096,499
7,634
7,708,467
7,300,381
6,868

Alabama Great Southern
----- Month of March----- —Jan. 1 to March 31 —

1926.
$
748,098
140,772
943,557
129,115
171,865
20,466
272,637
621,294
322,293
46,469
55
275,769
279,249
318

1925.
8
698,184
145,765
896,074
111,707
180,695
19,357
268,081
608,829
287,245
39,090
550
247,605
263,173
318

1926.
1925.
8
$
1,995,773 1,877,165
443,857
447,827
2,598,219 2,468,571
379,529
333,445
489,374
524,573
63,739
60,695
795,806
784,762
1,818,391 1,796.798
779,828
671,773
174,397
134,428
319
851
605,112
536,494
634,512
594,614
318
318

12

[Vol. 122.

RAILWAY EARNINGS
Southern Railway System (CowcZ.) Southern

EARNINGS.

Cincinnati New Orleans & Texas Pacific

1926.
Freight revenue____
1,558,341
Passenger revenue__
370,536
Tot., incl. other rev. 2,051,542
Expenses—M ain t. wa j
278,451
Maint. of equipm’t.
377,448
Traffic expenses__
43,319
Transportation exp.
577,474
Tot. exp. ,incl .oth. 1,358,890
Net from railroad___
692,652
Taxes_____________
129,822
Uncollectible revenue
16
Net after taxes, &c_
562,814
|
591.710
Net after rents. .
Aver, miles of r’d oper.
338

1925.
1,456,379
329.358
1.898,058
229,024
377,256
37,907
542.088
1,258,133
639,925
73,509
340
566,076
565,636
338

1926
4,312,749
1,183,996
5,856,321
785,276
1,050,180
130,597
1,693,148
3,893,239
1,963,082
346,115
41
1.616,926
1,581,585
338

1925.
4,174,068
1,120,152
5,601,110
651,434
1,075,305
120,420
1.629,822
3,678,572
1,922,538
240,225
1,254
1,681,059
1.659,821
338

Georgia Southern & Florida

EARNINGS.

19261,843,394
443.401
2,447,829
450,418
533,112
52,952
900,578
2,071,924
375,905
85,001
1,347
289,557
183,726
2,104

1925.
8
309,414
111,405
470,286
64,267
71,203
9,854
171,207
3.33,751
136,535
24,203
71
112,261
56,511
401

1926.
8
1,352,383
556,651
2,047,508
252,916
259,965
54,212
813,921
1,432,491
615,017
99,992
201
514,824
322,332
401

1925.
8
893,075
378,913
1,450,208
196,305
175,872
29,076
519,303
971,118
479,090
77,609
393
401,088
241,095
401

New Orleans & Northeastern RR

1926.
$
454,714
74,967
569,771
61,640
76,432
12,637
161,607
329,212
240,559
55,302

185,257
142,123
207

1925.
8
409,187
77,039
524,723
64,922
79,583
10,570
150,861
324,253
200,470
47,529
2
152,939
134,663
207

1926.
8
1,254,838
228,750
1,587,926
197,961
231,223
37,939
467,625
987,698
600,228
155,148
3
445,077
329,737
207

1925.
8
1.125.896
232,541
1,456,378
186,886
226,566
32,686
430,584
933,979
522,399
135,498
255
386.646
327,284
207

1926.
8
116,808
8,754
128,327
24,445
5,129
2,107
41,332
76,103
52,224
7,137
2
45,085
16,273
110

1925.
$

125,865
11,085
139,797
19,345
4,848
2,061
40,850
70,512
69,285
6,125
63,160
32,607
110

1926.
$
339,026
27.235
373,881
73,193
17,457
6,868
122,397
228.615
145,266
17,609
3
127,654
38,665
110

1926.
$
2,351,096
629,776
3,240,366
621,725
744,437
83,023
1,122,898
2,716.740
523,626
195,452
1,771
326.403
307,585
891

1926.
$

481,286
94,209
632,308
93,236
98,141
9,864
191,714
420,929
211,379
77,195
116
134,068
113,603
554

1925.
8
452,949
100,325
617,458
58,236
97,036
8,650
196,056
387,710
229,748
74,605
8
155,135
123,815
554

1926.
8
1,323,730
283,028
1,777,437
247,586
287,856
28,474
564,760
1,210,994
566,443
231,265
132
335,046
293,886
554

1925.
8
1,259,632
292,866
1.744,993
186,262
313,682
28,596
572,374
1,185,053
559,940
222,626
56
337,258
247,761
554

Staten Island Rapid Transit

1925.
8
3,080,849
776.004
4,097,838
778,167
723,652
89,243
1,302,494
3.036.234
1,061,604
254,070
1,980
805.554
653,011
929

1926.
1925.
8
$
114,402 . 100,909
105,178
103,401
245,264
224,642
40,603
45,539
35,274
30,914
1,668
2,277
109.829
130.304
202,052
223.405
1,23^
43,212
15,500
15,000
50
15
27.697 —13.813
—10.029 —27,670
23
23

Houston East & West Texas

1926.
8
223,511
36,600
273,498
42,532
51,908
4,247
93,443
205,092
68,406
13,829
79
54.498
37,191
191

1925.
8
219,354
34,219
266,486
68,412
41,924
3,033
88,481
210,970
55,516
9,703
137
45,676
30,191
191

1926.
8
612,829
105,254
756,921
140,089
159,080
12,340
226,508
566.124
190,797
44,025
313
146,459
97,933
191

Louisiana Western

1925.
8
342,652
32,302
382,728
65,013
14,4651
6,422
116,627
212.099
170,629
15,375

155,254
72,155
110

Southern Pacific System
Southern Pacific

----- Month of March------ ■—Jan. 1 to March 31—

1926.
1925.
1926.
1925.
Freight revenue_____ 12,448,129
11,700,450 33,079,343 31,464,859
Passenger revenue__
3,583,615 3,558,628 10,178,984 10,017,583
Tot., incl. other rev.
16,818,164 47,224,776 45,820,749
Expenses—Maint .way 17,574,922
2,543,156 7,400,201 7,080,782
Maint. of equipm’t. 2,766,852
3,042,361 3,046,305 8,624,271 8,739,725
Traffic expenses__
340,521
295,955 1,005,380
940,261
Transportation qxp. 5,682,333 5,970,487
16,283,883 17,136,393
Tot. exp. ,incl .oth. 12,638,829 12,562,202 35,677,916 36,139,970
Net from railroad___
4,255,962 11,546,860 9,680,779
Taxes______________ 4,936,093
1,411,026 4,032,111 4,119,663
Uncollectible revenue. 1,481,055
5,627
1,581
11,699
6,774
Net after taxes, &c_ 3,449,411 2,843,355 7,503,050 5,554,342
Net after rents______
3,282,973
2,750,051
7,108,989 5,555,728
Aver, miles of r’d oper.
8,769
8,722
8.768
8,722
Arizona Eastern

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., Incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. ,incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c_
Net after rents______
Aver, miles of r’d oper.

Southern Pacific

Atlantic Stea mship Lines

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp., incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.

1925.
8
909,571
242,156
1,234,360
303,663
232,232
31,768
397,782
1,015,444
218,916
53,122
724
165,070
137,484
929

----- Month of March------ —Jan. 1 to March 31— ----- Month of March— —Jan. 1 to

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot .exp. .incl .oth.
Net from railroad___
Taxes______________
Uncollectible revenuo.
Net after taxes, &c_
Net after rents_____
Aver, miles of r’d oper.

EARNINGS.

1925.
5,457,391
1,324,689
7,293,444
1,450,609
1,613,700
172,005
2,609,355
6,234,519
1,058,925
229,515
3.816
825,594
591,567
2,110

Houston & Texas Central

1926.
8
735,692
218,300
1,043,470
239,876
229,788
26,434
372,330
919,767
123,703
74,107
378
49,218
35,430
891

Northern Alabama

EARNINGS.

1926.
5,095,235
1,360,691
6,955,289
1,279,260
1,483,441
166.327
2,555,082
5,873,144
1,082,145
313,886
3,498
764,761
461,205
2,104

1925.
1926.
8
8
312,432
274,326
298,290
306,758
623,752
684,692
122,228
117,065
90,521
91,542
5,955
5,704
376,053
321.936
638,879
578.216
106,476 —15,127
45,000
46,500
1,782
904
59,072 —61.909
—45,739 —108,34^
23
23

Tennessee Central

—Month of March----- ■—Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—

Freight revenue_____
Passenger revenue—
Tot., incl. other rev
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses
Transportation exp.
Tot.exp. .incl.oth.
Net from railroad___
Taxes______________
Uncollectible revenue.
Net after taxes, &c.
Net after rents---------Aver, miles of r’d oper.

EARNINGS.

1925.
1,938,904
429,454
2.538,986
508,366
568,743
50,405
897,811
2,156,217
382,769
53,000
1,228
328,541
288,649
2.110

----- Month of March----- —Jan. 1 to March 31— ----- Month of March— —Jan. 1 to March 31— ----- Month of March-—- —Jan. 1 to March 31—

1926.
8
Freight revenue .
507,703
Passenger revenue__
170,782
Tot., incl. other rev
729,679
Expenses—Maint. way
89.035
Maint. of equipm’t.
93,510
Traffic expenses__
18,890
Transportation exp.
280.618
Tot. exp. ,incl .oth.
499,793
Net from railroad___
229,886
Taxes________ ______
26,666
Uncollectible revenue.
168
Net after taxes, &c. ' 203,052
Net after rents. .
137,286
Aver. miles of r’d oper.
401
EARNINGS.

Pacific System (Cond)
Spokane Portland & Seattle
Galveston Harrisburg & San Antonio
----- Month of March------ —Jan. 1 to March 31—

----- Month of March------ —Jan. 1 to March 31— ----- Month of March----- —Jan. 1 to March 31—

1926.
$
226,668
73,673
321,449
49,585
58,994
15,212
100,437
248.955
72,494
26,370
24
46,100
41,825
207

1925.
$
229,392
78:626
331,994
71,818
71,287
10,318
102,684
278,644
53,350
18,202
32
35,116
28,228
207

1926.
8
668,114
238.120
975,349
144,531
168,238
47,860
300.878
735.603
239,746
79,977
218
159.551
130,927
207

1925.
8
599,400
105,589
743,012
177,214
153,569
10,557
269.617
636,738
106,274
28,824
643
76,807
28,044
191

1925.
8
580,655
106,780
733,491
135,278
134,821
21,617
286,748
609,807
123,684
11,188
394
112,102
48,681
296
Termina S RR Assoc’n of St Louis
March 31— ----- Month of March----- —Jan. 1 to March 31—
1925.
1926.
1925.
1926.
1925.
8
8
8
$
8
684,060
231.696
995,189 1,148,464 1,088,632 3,317,646 3,373,131
199,186
155,290
411,889
425,198
137,806
195,817
109,265
292,955
279,447
106,855
35,158
2,334
2,034
7,546
6,426
306.994
455,907
466,750 1,343,497 1,462.550
803,508
733.463
756,148 2,132,577 2,242,489
191,681
415,001
332,484 1.185,069 1.130,642
67,932
105,233
317,211
90,561
276,696
421
124
210
8
197
123 328
309,644
853,749
241,915
867,648
89,677
394,439
317,447 1,113,816 1,063,536
207
55
55
55
55

Morgan’s Louisiana & Texas RR & SS

$
928,927
41,442
1,129,389
15,728
171,540
14,035
715,671
950,641
178,748
6,781

1925.
$
811,768
36,444
986,855
16,851
200,348
19,566
731,360
997,636
—10,781
14,510

171,967
171,836

—25.291
—22,071




1926.
1925.
$
8
2,502,368 2,276,365
107,669
110,146
3,039,709 2,769,272
45,524
42,712
478,101
521,288
42,852
62,450
1,984,001 2,353,000
2,651,903 3,066,283
387,806 —297,011
33,792
43,677
2
546
354,012 —341,234
353,618 —342,214,
1

1925.'
8
201,607
36,024
252,950
39,159
39,238
6,823
94,796
190.400
62,550
5,068
19
57,463
37,917
296

1926.
8
672,057
92,363
809,905
165,721
131,593
22,311
298,829
654,066
155,839
18,098
61
137,680
65,341
296

St Louis Merchants Bridge Terminal

----- Month of March----- —Jan. 1 to March 31—

1926.
$
481,908
120,300
662,995
156,584
175,348
23,274
290,850
685,764
—22,769
50,742
532
—74,043
—89,834
400

1925.
1926.
1925
8
8
8
515,751 1,473,596 1,553.106
122,373
373.8641
393,617
688,560 2,058,661 2,077,943
152,175
467,419
384,317
188,266
492.854
541,286
16,694
71,502
55,808
291,545
890.360
885,653
691,848 2,047,237 1,993,382
—3,288
11,424
84,561
50,003
152,248
150,009
2,451
1,006
2.968
—55,742 —141,830 —68,416
—83,905 —217,460 — 192,991
400
400
400

Now included in
lerminal Railroad Association
of St. Louis

Texas & New Orleans

Texas & Pacific

----- Month of March------ —Jan. 1 to March 31— ----- Month of March------ —Jan. 1 to March 31—

1926.
8
671,851
146,092
874,867
189,987
183,791
15,955
264,327
693,666
181,201
34,986
207
146,008
124,534
544

1925.
8
734,138
149,100
945,849
145,730
224,613
15,180
298,950
718,666
227,183
31,865
201
195.117
155,735
544

1926.
8
1,942,413
438,699
2,546,552
507,670
477,085
49.156
984,766
2,134,930
411,622
104,959
564
306.099
132,599
544

1925.
8
2,000,818
456,088
2,613,726
426,509
648,733
43,789
900,951
2,121,254
492,472
95,621
1,147
395,704
323,019
531

Spokane Internation al

----- Month of March----- —Jan. 1 to March 31— ----- Monthof March------ —Jan. 1 to March 31—

1926.

1926.
$
236,217
29,024
282,883
52,664
46,853
7,457
100,539
219,077
63,806
5,412
39
58,355
33,956
296

1926.
8
87,184
11,838
104,458
14,902
6,190
3,261
31,562
62,981
41,477
5,371
8
36,098
30,035
165

1925.
7$7,802
13,661
96,360
13,643
8,464
3,111
32,797
65,434
30,926
5,209
20
25,697
18,648
165

1926.
8
234,172
34,674
386,814
34,395
22,724
9,959
96,232
185,258
101,556
16,115
12
85,429
69,173
165

1925.
8
215,367
37,198
268,496
34,209
21,191
9,446
97,920
186,316
82,180
15,630
20
66,530
45,920[
1651

1926.
8
2,172,291
479,780
2,872,824
479,894
568,083
68,082
1,070,296
2,288,466
584,358
152,000
1,045
431,313
347,303
1,953

1925.
1926.
1925.
8
8
8
2,085,274 6,479,594 6,089,750
500,744 1,438,624 1,538,122
2,796.175 8,585,559 8,237,580
422,335 1,342,139 1,179,551
575,818 1,634.045 1,638,375
62,559
200,961
186.399
1,055,390 3,209,576 3,097,036
2,217,378 6,669,223 6,384,685
578,797 1,916,336 1,852,895
137,500
456,000
412,500
2,685
5,028
8,551
438,612 1,455,308 1,431,844
400,503 1,137,323 1,184,925
1,952
1,953
1,952

Toledo St Louis & Western

Now included in

New York Chicago & St. Louis

May, 1926.]
Ulster & Delaware

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint .way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp., incl .oth.
Net from railroad__
Taxes .. ___
Uncollectible revenue.
Net after taxes. &c.
Net after rents______
Aver, miles of r’d oper.

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp., incl. oth.
Net from railroad___
Taxes.. . .
.
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.
EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp. .incl .oth.
Net from railroad___
Taxes___ ___
Uncollectible revenue.
Net after taxes, &c.
Net after rents___ __
Aver, miles of r’d oper.

EARNINGS.
Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’tTraffic expenses__
Transportation exp.
Tot. exp., incl. oth.
Net from railroad___
Taxes. _______
Uncollectible revenue.
Net after taxes, &c.
Net after rents______
Aver, miles of r’d oper.
EARNINGS.

Freight revenue_____
Passenger revenue__
Tot., incl. other rev.
Expenses—Maint. way
Maint. of equipm’t.
Traffic expenses__
Transportation exp.
Tot. exp., incl. oth.
Net from railroad___
Taxes___
Uncollectible revenue.
Net after taxes, &c_
Net after rents. __ ..
Aver, miles of r’d oper.

13

RAILWAY EARNINGS
Western Maryland

Union RR (of Pennsylvania)

----- Month of March-----------Jan. 1 to March 31—• ----- Month of March----- —Jan. 1 to March 31— ----- Month of March----------- Jan.

1926.
$
39,291
9,705
82,534
14,419
18,160
1,307
47,574
87,010
—4,476
5.750

1925.
8
42,470
7,796
83,344
13,969
17,889
1,818
47,179
86,951
—3,607
5,500

1926.

8

77,699
24,794
193,902
41,045
49,803
3,925
124,672
236,748
—42,846
17,250

1925.
8
106,822
29,846
229,428
41,263
55,601
5,403
142,465
274,167
—34,739
16,500

—10,226
—9,107 —60,096 —51,239
—12,277 —11,413 —63,739 — 56,049
128
128
128
128
Union Pac;fic System
Union Pacific
----- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
6,715,030 5,594,655 17,925,411 16,245,926
1,202,615 1,224,767 3,508,546 3,581,005
8,668,757 7,548,869 23,486,182 21,905,747
1,092,654
690,524 2,365,995 1,963,698
1,879,224 1,719,544 5,448,506 5,156,682
155,489
141,984
404,291
438,710
2,344,083 2,197,149 6,867,585 6,752,252
5,922,231 5,181,423 16,438,493 15,547,023
2,746,526 2,367,446 7,047,689 6,358,724
703,960
669,082 2,078,183 2,041,868
362
645
231
1,470
2.042,204 1,698,133 4,968,036 4,316,211
1,976,833 1,688,560 4,857,376 4,382,049
3,691
3,687
3,689
3,687
Oregon Short Line
----- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
8
8
8
8
2,433,677 1,914,052 6,743,361 5,841,003
333,774
354,397
999,447 1,066,898
2,969,916 2,459,727 8,293,443 7,459,324
522,382
486,599 1,302,865 1,024,379
558,646
484,925 1,636,696 1,501,734
49,270
139,479
139,047
54,477
860,726
808,143 2,577,549 2,496,859
2,168,833 2,000,001 6,167,106 5,637,933
801,083
459,726 2,126.337 1,821,391
258,219
244,993
772,938
731?,031
335
324
561
622
542,529
214,409 1,352.838 1,084,738
480,652
183,419 1,201,096 1,008,156
2,414
2,537
2,144
2,490
Oregon Washington RR & Navigation
----- Month of March— —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
$
8
8
8
1,819,531 1,599,654 4,887,710 4,546,282
298,022
342,664
897,473 1,016,438
2,324,695 2,130,636 6,322,909 6,116,753
452,076 1,228,212 1,036,137,
562,614
395,550
339,767 1,135,516 1,066,148
67,570
65.101
193,671
184,006
834,298
841,793 2,424,572 2,538,377
2,001,999 1,841,879 5,403,178 5,250,627
866,126
322,696
288,757
919,731
171,139
169,983
513,431
509,943
146
262
583
316
151,411
118,512
405,717
355.867
56,598
39,363
161,031
139,559
2,236
2,237
2,237
2,236
St Joseph & Grand Island
----- Month of March------ —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
8
8
$
8
241,302
828,082
284,757
720,124
18,437
52,426
15,510
60,963
316,429
275,726
924,656
825,148
46,901
125,503
115,333
48,573
51.614
135,604
142,482
47,620
2,708
9,074
3,091
8,415
105,110
304,995
102,426
303,100
216,846
619,957
218,163
605,727
304,699
99,583
57,563
219,421
22,882
16,568
69,912
49,706
Cr6
Cr6
40,995
234,793
76,707
169,715
26.738
189,114
131.803
60,353
258
258
258
258




1926.

$

1925.

S

1926.
s

1925.
s

1926.

8

908,490
111,744
209,636
186
449,411
780,601
127,889
21,289

931,281
98,677
229,069
195
448,501
786,005
145,276
11,000

2,525,293
277,675
660,011
547
1,306,229
2,272,883
252,410
53,866

2,687,019
246,036
928,015
550
1,318,532
2,522,872
164,147
33,000

1,711,011
45,429
1,815,911
226,720
423,338
35,024
566,953
1,304,874
511,837
80,000

106,600
146,089 '
45

134,276
187,561
45

198,544
327,225
45

131,147
240,482
45

431,837
398,160
804

1

to Alarch 31—

1925.
1926.
8
8
1,504,320 5,232,026
52,659
141,012
1,625,211 5,533,129
229,578
651,081
359,115 1,252,253
36,109
109,788
507,071 1,751,680
1,186,424 3,927,036
438,78? 1,606,093
65,000
235,000

1925.
8
4,453,373
166,714
4,802,131
t>!21,588
1,039,104
109,368
1,498,925
3,437,664
1,364,467
185,000

1,371,093
1,261,866
804

1,179,467
1,042,152
804

373,787
303,565
804

Western Pacific

Utah

——Month of March----- —Jan. 1 to March 31— ----- Month of March----------- Jan 1 to March 31—

1926.
$
107,780
119
108,397
7,162
39,184
349
25,628
78,363
30,034
9,484

1925.
$
125,653
343
126,667
15,205
40,792
330
27,713
90,213
36,454
9,342

1926.
8
396,374
492
398,347
39,726
115,447
1,072
92.967
268,389
129,958
28,453

27,112
101.505
22,192
88.772
102
111
Shreveport
——Month of March----- —Jan. 1 tl
1926.
1925.
1926.
8
8
8
291,984
274,925
844,121
50,651
60,523
157,846
367,829
359,193 1,073,029
55,966
50,671
176,422
88,335
58,990
208,476
13,041
11,909
39,692
136,610
125,651
401,475
314,700
265.900
886,711
53,129
93,293
186,318
22,147
25,971
72,407
1,748
25
2,044
29,234
67,297
111,867
13,576
63,565
64,695
188
188
188
20.550
17.123
111
'/ickshurv

1925.
1925.
1926.
1926.
1925.
8
8
8
8
$
764,581 2,611,409 2,374,448
894,411
459,880
348,259
143,679
337,764
142,356
1,493
977,201 3,122,735 2,908,817
463,810 1,104,758
434,745
142,319
425,792
162,874
44,925
597,364
180,027
629,074
219,617
127,934
107,805
36,248
110,056
37,538
1,100
371,462 1,153,417 1,177,924
387,949
110,501
776,449 2.472,378 2,468,991
302,241 , 867,134
439,826
200,752
650,357
237,624
161,569
237,214
79,647
272,404
22,613
109,154
124
74
64
6
202,488
121,031
377,889
138.956
128,464
547,811
226.170
678,684
203.512
111,081
1,042
1,042
1,042
102
1.042
Western Py of Alabama
Pacific
March 31— ----- Month of March----------- Jan. 1 to March 31—
1925.
1925.
1926.
1926.
1925.
8
8
8
8
8
558,341
222,810
607,163
720,141
253,236
196.974
56,678
198.324
185,571
62,093
832,906
306.718
880,600
975,379
343,042
110,996
37,244
96,966
172,058
34,657
153,602
54,802
167,266
170,678
59,993
31,949
11,132
11,035
34,271
35,504
250,603
87,991
273,366
374,441
99,311
592,563
206,556
619,836
807.801
220,923
240,343
100,162
260,764
122.119
167,578
45,792
17,487
45,241
66,702
20,644
28
23
35
148
7
194,523
82,652
215,488
101,468
100,728
183,011
95.821
78,544
190,690
83,128
133
133
133
188
133

Virgi nian

Wheeling & Lake Erie

----- Month of March----- —Jan. 1 to March 31— ----- Month of March----------- Jan. 1 to March 31—

1926.
8
1,515,199
64,817
1,710,001
212,734
366,553
12,977
387,531
1,005,909
704,092
136,000
9
568,083
639,071
545

1925.
1926.
1925.
$
8
8
1,233,243 4,675,802 4,216,274
63,436
184,092
191,260
1,433,570 5,192,135 4,756,048
190,856
587,584
634,172
350,003 1,067,761 1,035,203
12,395
38,422
137,203
369,261 1,178,847 1,173,494
951,055 2,961,845 2,976,100
482,515 2,230,290 1,779,948
114,300
405,100
355,600
23
11,712
23
368,192 1,825,167 1,412,636
386,252 2,073,827 1,483,032
545
545
545
Wabash
----- Month of March----- —Jan. 1 to March 31—■
1926.
1925.
1926.
1925.
8
8
8
8
4,872,794 4,502,084 13,435,504 12,999,344
680,987
666,796 2,068,204 1,964,105
5,957,205 5,596,112 16,652,235 16,129,067
697,198
749,773 1,857,082 2,022,255
1,035,190 1,059,149 2,992,793 3,122,710
152,629
145,876
452,856
427,870
2,319,196 2,176,108 5,661,702 6,500,878
4,382,244 4,322,978 12,546,127 12,630,173
1,574,961 1,273,134 4,106,108 3,498,894
314,375
697 578
232,526
848 875
479
279
1,489
522
1,260,107 1.040,329 3,255,744 2.800,494
772,693 2,390,722 1,965 896
993,422
2,524
2,524
2,524
2,524

1926.
8
1,611,401
34,227
1,725,902
202,193
446,595
31,727
494,091
1,221,215
504,688
141,333
52
363,303
359,993
511

1925.
1926.
.?
8
1,382,683 4,294,881
48,358
109,724
1,521,553 4,643,487
162,989
513,954
379,964 1,189,253
31,242
95,082
513,678 1,461,549
1,132,222 3,403,461
389,331 1,240,026
390,499
122,181
1,930
148
265,220
849,379
272,656
883,342
511
511

1925.
8
3,868,083
149,585
4,270,677
417,890
1,175,802
88,780
1,504,243
3,322,810
947,867
335,593

2,192

610,082
610,456
511

Wichita Falls & Northwestern

Now mollified in

Missouri Kansas & Teccas

14

[Vol. 122.

RAILWAY EARNINGS

COMPANY RETURNS
All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commis­
sion at Washington. A few railroad companies also issue monthly statements of their own, and sometimes these company state­
ments go beyond the requirements of the Commission and give added items of information. Besides this, a number of companies
—notably the Pennsylvania Railroad—issued consolidated statements, showing the results for the system as a whole, whereas the Com­
merce Commission requires returns from each constituent road separately.
It is our purpose that each issue of the “Railway Earnings Section” shall furnish an absolutely complete record of all monthly
returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring together
here all the company statements where they differ in any way from the returns to the Commission, or where they embrace more facts
than are contained in such returns.
It should be distinctly understood that where the company statements are identical with those rendered to the Commerce Commission,
and do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figures among
the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission.
Minneapolis St. Paul & Sault Ste. Marie Ry. Co.

The Atchison Topeka & Santa Fe Railway System
----- Month of March----------- Jan. 1 to March 31—

1926.
1925.
1926.
1925.
$
$
$
$
Railway operating revenues______ 18,930,072 17,771,445 53,177,608 53,563,781
Railway operating expenses______ 13,535,489 14,256,373 38,541,232 39.883,605
Net from railway_____________ 5,394,583 3,515,072 14,636,376 13,680,176
Railway tax accruals____________ 1,486,559 1,193,605 4,269,799 4,006,909
Other debits or credits........... ........ .Pr213,911 Dr250,311 Dr357.638 Dr671.105
Net railway operating income__ 3,694,111 2,071,154 10,008,937 9,002,161
Average miles operated__________
12,042
11,944
12,042
11,942

Bellefonte Central
----- Month of March------ —Jan. 1 to March 31—

1926.
$
6,265
6.460
—195
115
—310

Oross receipts_____

Operation________
Net.......................
Interest and taxes.
Surplus________

1925.
$
7,538
8,411
—873
200
—1,073

1926.
18,277
20,054
—1,776
345
—2,121

1925.
25,703
24,795
sur. 908
600
sur. 308

—

1925.
1926.
1925.
1926.
$
8
S
$
.21,255,004 18,233,944 57,004,263 51,436,454
.17,063,159 16,598,221 49,866,376 48,916,204
4,191,845 1,635,723 7,137,887 2,520,250

Canadian Pacific
----- Month of March——- -—Jan. 1 to March 31—•

1926.
1925.
1926.
1925.
s
$
s
Oross earnings_______ ______ ____ 14,261,818 12,931,546 40,344,958 36,614,770
Working expenses_____ _________ 11,437,641 10,814,334 33,813,891 32,759,089
Net profits............................. ........ 2,824,177 2,117,212 6,531,067 3,855,681

Fonda Johnstown & Gloversville
—Month of March—

46,512
3,025
66,881
5,193
1,476
123,089
72.282
50,806
7.840
42,966
—957
42,009
3,423
45,432
700
5,181
25,916
761
492

1925.
31,100
3,254
65,624
3,180
946
104,105
72,834
31,270
7,840
23,430
—570
22,869
3.434
26,294
675
3,665
25,916
834
492

33,051
12,380

31,584
—5,289

1926.

Operating Income—

Freight revenue________________
Passenger revenue—steam division
Passenger rev.—electric division..
All other rev. from transportation.
Rev. from other railway operations
Total operating revenues..
Railway oper. exp. (not incl. taxes)
Net rev. from railway operations
Railway tax accruals____________
Railway operating income____
Miscel. oper. income (or loss)__
Total operating income______ .’
Non-operating income__________
Gross income_________________
Deduct—Rents for leased roads__
Other rents accrued—debits___
Interest on funded debt_______
Interest on unfunded debt_____
Amort, of disc, on funded debt,.
Miscellaneous income charges__
Total deductions from gross inc.
Net income__________________

1926.
1925.
1926.
1925.
$
s
s
Freight revenues____ _____
1,529,854 1,520,798 4.362,028 4,490,819
Passenger revenues______________
263,994
262,951
854,621
871,210
All other revenues____ _____
170,419
172,391
487,921
479,247
Tbtal revenues-......................
1,964,269 1,956,140 5,704,570 5,841.277
M. of W. & S. expenses__________
274,798
268,906
823,532
788,566
M. & B. expenses_____ ______
467,036
424,214 1,301,535 1,320,269
Traffic expenses..............
40,813
37,510
116,305
113,098
Transportation expenses_________
823,758
796,244 2,399,372 2,456,186
General expenses_______________
71,812
65.493
215,846
195,985
Total expenses_______
1,678,220 1,592,369 4,856,592 4,874,106
Net railway revenue_____________
286,049
363,771
847,978
967,170
Taxes and uncollectible revenues..
152,309
149,851
442,800
446,915
Net revenue after taxes, &c______ Cr.133,539 Cr.213,919 Cr.405,177 Cr.520,254
Hire of equipment—Credit_______ Cr.35,589 Cr.24,164 Cr.72,767 Cr.21,822
Rental of terminals—Debit______ Dr.9,053 Dr.10,376 Dr.28,767 Pr.33,190
Net after rents....... .................... .Cr.160,075 Cr.227,707 Cr.449,177 Cr.508,885
Other Income—Net_____________ Cr.13,508
Cr.9,833 Cr.52,808 Cr.40,698
Interest on funded debt_________ Dr422.B12 Pr 4l4.g47Drl233.261 Prl208,261
Net. deficit........... .................. ........Dr249,028 Dr.177,306 Dr.731,275 Dr.658,677

Missouri-Kansas-Texas Lines

National Railway S
——Month of March— —Jan. 1 fo March

Operating expenses.

----- Month of March---------—Jan. 1 to March 31—

-Jan. 1 to March 31—■

1926.

1925.

110,489
8,749
197,394
11,641
3,613
331,888
211,840
120,047
23,520
96,527
—3.196
93,330
11,122
104,452
2,100
12,863
77,750
2,187
1,478

114,075
12,133
210,086
8,573
2,583
347,452
230.933
116,518
23,520
92,998
—2,875
90.123
10.256
100,379
2,025
12,448
77,750
1,799
1,478

96.379
8,072

95,501
4,878

----- Month of March----------- Jan. 1 to March 31—

1926.
3,188
$
Operating revenue.................
4,379,095
Operating expenses______________ 3,051,346
Available for interest____________ 963,488
Interest charges, incl. adjust, bds. 590,800
Net income..................
372,688

Miles operated (average)________

1925.
3,188

4,587,220
3,100,109
1,043,509
595.047
448,461

1926.
3,188
$
12,971,937
9,063,481
2,866,264
1,772,610
1,093,653

1925.
3,188
s
13,908,618
9,551,318
3,086,453
1,835,248
1,251,205

New York New Haven & Hartford Railroad Co.
----- Month of March---------- Jan. 1 to March 31—

1926.
1,918
s
Total revenues_____ ____________ 11,543,152
Total expenses--------------------------- 8,208,687
Net from railroad
3,334,465
Net after taxes
..................
2,884,500
Net after rents--------------------------- 2,394,463
Nonoperating income----------------525,370
Total net income
---------------- 2,919,833
Fixed charges
............... Z------- 1,813,714
Balance.......... .....................
1,106,113

Mileage....................................... ........

1925.
1926.
1925.
1,957
1,918
1,957
$
s
s
10,569,799 31,063,065 30,516,991
7,944,718 23,716,346 23,143,743
2,625,081 7,346,719 7,373,248
2,295,106 5,998,970 6,206,489
1,792,566 4,621,596 4,816,769
586,631 1,742,626 2,039,737
2,378,898 6,364,221 6,856,506
1,924,719 5,454,144 5.754,139
454,179
910,077 1,102,367

New York Ontario & Western
----- Month of March---------- Jan. 1 to March 31—

1926.
1925.
758,992
Operating revenues_____________ 1,124,475
791,524
Operating expenses_____________
885,744
Net rev. from railway operation.. 238,731 —32,531
46,000
50,000
Railway tax accruals___________
105
3
Uncollectible railway revenues___
—78,637
188,727
Total railway operating income.
131,872 —115,973
Net operating income_________
28,346
29,474
Other income___________________
161,346 —87,626
Total income____________________
117,848
119.076
Deductions________________________
42,270 —205,475
Net income_____________________

1926.
2,136,411
2,148,582
—12,171
150.000
118
—162,290
—274,923
88,068
—186,855
353,336
—540,191

1925.
«
2,581,738
2,552,533
29,205
138,000
217
—109,012
—213,824
86,963
—126,861
351,846
—478,707

St. Louis-San Francisco
(Including Subsidiary Lines)

----- Month of March----- —Jan.

Georgia &fe Florida Railway
----- Month of March-------- —Jan. 1 fo March 31—

1926.
$
Railway operating revenues.
196,584
Railway operating expenses.
133,277
Net revenue from railway oper’ns.
63,307
Miscellaneous debits or credits..
—541
Oar hire—hire of equip., balance- —21,090
income or deficit before taxes___
41,674
Taxes_________ ______ ________
7,000
Income or deficit before Interest
34,674
Receiver’s interest_____ ______
13,253
Income or deficit after oper. exp.,
taxes, car hire & receiver’s int..
21,421

1925.
8
160,173
115,599
44,573
—162
—19,315
25,096
6,517
18,579
13,268

1926.
$
519,414
370,773
148,640
—1,319
—58,825
88,495
21,000
67,495
39,627

1925.
$
398,147
317,664
80,482
906
—41,762
39,626
19,526
20,099
39,263

5,311

27,868

—19,163

.
.
.
Taxes__________________________ .
tTncollectible railway revenue__
.

Operating expenses___________
Net revenues______________




1925.
1,762,240
1,187,731
574,508
109,843
314
464,350

1926.
1925.
5,274,555 4,956,786
3.427,340 3,480,452
1,847,215 1,476,333
373,934
329,530
1,963
194
1,471,317 1,146,608

Operating revenues ______ _____
Total expenses................. .............. .
Net from railroad______ _ ________
Net after taxes......................
Other income______ :___________
Net after rents, including other inc.
Fixed charges.................. ..................
Balance................

1925.
5,399

5,614,960 16,900,540 16,556,772
1,266,092 3,845,860 4,065,387
495,533 1,567,701 1,441,547
7,376,585 22,314,101 22,063,706
848,337 2,561,511 2,413,155
1,462,588 4,210,845 4,212,466
2,641,618 7,852.431 7,930,269
336,592 1,081,745 1,007,648
5,289,135 15,706,532 15,563,528
1,677,775 5,201,987 5,137,241
1,660,871 5,150,704 5,124,966
401,083 1,346,350 1,343,465

----- Month of March----------- Jan.
-Jan. 1 to March 31-

1 fo March 31—

1926.
5,484

1925.

Western Maryland Railway Co.

The Kansas City Southern
(Including Texarkana & Fort Smith)

1926.
1,864,898
1,194,616
670,282
126,470
919
544,892

1926.
5,484
5,846,787
1,193,079
541,249
7,581,115
887,080
1,551,561
2,638,563
369,927
5,447,131
1,739,316
1,725,188
439,481

Average mileage operated_______
Freight revenue________________
Passenger revenue______________
Miscellaneous revenue___________
Total operating revenues_____
Maintenance of way & structures..
Maintenance of equipment______
Transportation expenses________
Other expenses_________________
Total operating expenses______
Net operating income___________
Balance for interest_____________
Surplus after all charges______

1926.
1925.
$
$
1,815,910 1,625,210
1,304,073 1,186,424
511,837
438,786
431,837
373,786
9,477
7,308
407,637
310,873
247,052
252,956
160,585
57,917

1 fo March 31—

1926.
s
5,533,128
3,927,035
1,606.093
1,371.093
32,72-3
1,294,661
746,331
548,330

1925.
$
4,802.130
3,437,664
1,364,466
1,179,466
28,002
1,070,154
763,811
306,34

15

RAILWAY EARNINGS

May, 1926.]
St. Louis Southwestern

Union Pacific
Texas)

---- Month of March---- —Jan. 1 to March 31—
1925.
1926.
1926.
1925.
$
$
$
$
2,116,703 2,185,165 6,402,189 6,581,260
Railway operating expenses-------- 1,633,631 1,782,979 4,949,641 5,191,898
402,186 1,452,548 1,389,361
Net rev. from railway operation . 483,071
Railway tax accruals and uncol­
264,264
303,491
lectible railway revenues---------102,074
79,451
Railway operating Income------322,734 1,149,056 1,125,097
380,997
74,007
75,138
Other railway operating income—
42,279
29,860
Total railway operating Income- 410,857
365,014 1,223,064 1,200,236
202,246
Deductions from ry. oper. income.
181,944
66,991
57,552
997,990
Net railway operating income. .
298,022 1,041,120
353,305
111,497
Non-operating income___________
111,377
32,731
32,122
Gross income_________________
330,754 1,152,497 1,109,487
385,427
Deductions from gross income.— 233,372
696,265
701,935
230,495
413,222
450,561
100,258
152,054
Net income__________________

Southern Pacific b
---- Month of March— —Jan. 1 to March SI—
1926.
1925.
1926.
1925.
Average miles of road operated—
13,225
13-183
fterenues—
............... 17,652,026 17,154,883 47,980,538 47,381,310
Passenger........... ....................
4 671,221 4,659,176 13,475,575 13,423,659
Mad
....................... ............ "
358.264
363,391 1,031,288 1,061,039
..............................576,073
513,740 1,261,231 1,425,504
All other transportation___
743,053
708,995 2,022,155 1,898,970
tacideStal-....___________
534,308
538,325 1,630,117 1,555,228
Joint facility—Credit_______
27,882
24,312
104,709
64,326
Joint facility—Debit_______ —106,994
5,404 —329,635
24,457
Railway operating revenues._
24,455,835
23,957,418 67,175,980 66,785,579
Exvenses—
Maintenance of way & structures.. 3,941,291 3,853,536 10,705,610 10,654,421
Maintenance of equipment__ 4,467,061
4,589,637 12,675,252 13,185,576
Traffic________
494,311
444,176 1,484,467 1,413,260
Transportation____________ 8,457,461
8,816,056 24,466,010 25,873,119
Miscellaneous_____________
395,346
344,579 1,112,166 1,009,356
General___________________
930,454
862,343 2,696,675 2,468,375
Transportation for investment_
—177,990
175,893 —-443,332
281,748
Railway operating expenses._18,507,936
18,734,434 52,696,850 54,322.359
Income—
Net rev. from railway operations-. 5,947,899 5,222,984 14,479,130 12,463,220
Railway tax accruals_______ 1,789,291
1,652,563 5,000,523 5,029,605
Uncollectible railway revenues___ :
8,217
6,373
19,140
18,400
Bquipment rents (net)______
389,321
287,103 1,018,184
734,531
Joint facility rent (net)_____ —36,138
29,786
59,217
39,855
Net operating income........ 3,797,207
3,306,731 8,382,063 6,720,539
b Hot purpose of comparison the Income for 1925 has been restated to include
the income of the San Antonie & Aransas Pass Ry.




---- Month of March----1926.
1925.
Average miles of road operated—
9,653
9,526
.................... 12.56*8.645 10.48*1,237
Passenger revenue............................. 2,192,665 2,274,673
Mail revenue___________________
obo.ozz
oio.oou
Express revenue________________
282,000
280,376
All other transportation_________
387,875
364,515
Incidental _________ ....._____
296,053
234,720
Railway operating revenues____ 16,095,760 14,012,401
Operating Expenses—
______ ____ _____ .
Maintenance of way & structures- 2.676,372 1,938,214
Maintenance of equipment_______ 3,260,038 2,933,733
Traffic________
335,613
329,877
Transportation__________________ 4,663,413 4,498,382
Miscellaneous operations_________
312,635
280,731
General________________________
606,138
589,758
Transportation for invest-------------- —4,655
—1,769
Railway operating expenses____ 11,849,574 10,568,926
Income—
Net rev. from railway operations.. 4,246,186 3,443,475
Railway tax accruals____________ 1,266,065 1,222,490
Uncollectible railway revenues-----1,023
843
Railway operating income________ 2,979,098 2,220,142
Equipmentrents.net_____________ —240,925 —127,825
Joint facility rents, net_________ —70,382 —68,858
Net................
2,667,791 2,023,459
Oper. ratio (revenues over exp.)__
74%
76%

—Jan. 1 to March 31—
1925.
1926.
9,526
9,605
$
33,842,651 30,696,427
6,401,392 6,672,422
1,089,678 1,104,414
767,402
632,501
1,146,036 1,054,626
711,143
796,641
43,908,899 41,006,434
6,176,324 4,976,146
9,476,827 8,872,742
955,620
919,571
13,783,599 13,728,423
831,207
896,106
1,774,120 1,720,355
—5,478 —10,406
33,057,118 31,038,038

10,851,781 9,968,396
3,763,030 3,702,304
1,963
2,997
7,085,754 6,264,129
—552,933 —217,194
—202,416 —204,720
6,330,405 5,842,215
76%
75%

WisconsinCentral Railway Co.
---- Month of March----- —Jan. 1 to March 31—
1926.
1925.
1926.
1925.
S
$
Freight revenues________________ 1,237,858 1,265,279 3,425,821 3,627,160
622,012
588,470
Passenger revenues______________
207,820
188,544
All other revenues______________
105.136
104,569
299,090
289,398
Total revenues_______________ 1,550,816 1,558,394 4,346,924 4,505,029
M. W. & S. expenses____________
171,853
186,626
469,814
519,489
M. of E. expenses_______________
313,279
273,845
898,430
803,747
Traffic expenses________________
33,048
30,037
90,726
84,187
Transportation expenses_________
701,574
703,941 2,016,752 2,087,720
General expenses_______________
67,731
56,081
177,309
164,851
Total expenses_______________ 1,287,487 1,250,532 3,653,034 3,659,996
Net railway revenue____________
263,328
307,861
693,889
845,032
Taxes and uncollectible revenues..
91,567
92,247
268,273
270,155
Net revenue after taxes, &c___ Cr.171,761 Cr.215,614 Cr.425,615 Cr.574,877
Hire of equipment—Dr___________ Dr.35,251 Dr.64,660 Dr. 148,656 Dr.210,842
Rental of terminals—Dr__________ Dr.51,416 Dr.50,193 Dr.157,151 Dr.152,009
Net after rents_________________ Cr.85,093 Cr.100,760 Cr. 119,808 Cr.212,026
Other income—Net______________ Dr.22,832 Dr.23,756 Dr. 14,445 Dr.67,012
Interest on funded debt___________ Drl59,763Dr.160,593 Dr.464,752 Dr.467,422
Net deficit..........................................Dr.97,503 Dr.83,588 Dr.359,389 Dr.322,408