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TWO SECTIONS—SECTION TWO EARNINGS SECTION OF THE Commercial Financial Chronicle & Copyrighted la 1920 according to Act ol Congrcit, by WILLIAM B. DANA COMPANY, In office ol Librarian oiCongrcn, Washington, D. C. VOL. 110. NEW YORK, MAY 22, HIS entire and NO. 2865. 1920. publication is devoted to a presentation of the reports of earnings of United States railroads for the latest month (March) and expenses for the calendar year to date,including said month. The table embraces every operating railroad in the country which is obliged to make monthly reports to the Inter-State Commerce Commission at Washington. • Returns are now steam required only from carriers whose railway operating $1,000,000 per annum. revenues, or gross earnings, exceed The figures are a transcript of the sworn returns on file at Washing¬ They have the further advantage of uniformity of method and classification. Every company is obliged to make up its returns on the same basis and in the same way as every other company. Sworn Returns. ton. r^^ie "Chronicle" has always made a specialty of weekly and monthly sports of railroad earnings, and for nearly fifty years its weekly Earnings Our Snecialtv ^ y' tative. The and monthly summaries have been everywhere accepted as authori¬ present publication is in continuation of this work. These Inter-State Commerce returns also make it possible for us Besides showing total gross earnings, we indicate separately the passenger and the freight revenues. In the case of the expenditures we report the outlays for both maintenance of way and maintenance of equipment as well as the traffic and transportation expenses. We also show the railway tax accruals (less War Taxes) and the net earnings after the deduction of such taxes and the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction of certain rents, namely equipment rents and joint facility rent. We conclude by giving the miles operated on which the earnings are based. Full Details. to Centq Dkrnrdpd present full details of both the and expenses. cen^s we ^ave necessarily been obliged to discard altogether, and * if in any case the revenues other, from exact proof, the the results should happen to vary a dollar, one way or for the variance will be found in that circumstance. reason The matter contained in this extra and novel publication is entirely 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. Other Returns Results under Government Control. additional the to A page table is added (see page 14) to show the net income for the 1919 and 1918, under Government control, in com¬ parison with the Standard Return or Government Guaranteed calendar years Rental. This period of Government control table any enables given road oiie to see whether during the operated at a loss or profit to the any was Government. As in the of our numerous other Supplements or "Sections," expensive publications, the "Railway Earnings Subscribers. Section" will be furnished only to "Chronicle" subscribers. These will receive it free of charge, one copy going with each subscription. It will be im¬ possible to obtain copies in any other way, as none will be printed for general sale. Only for all of william case which b. are dana company, NEW Chronicle Building PUBLISHERS YORK Front, Pine & Depeyster Streets May 1920.) RAILWAY EARNINGS GENERAL 3 INDEX TO ROADS APPEARING IN THIS SECTION. Name— \ labama & 4 labama Great Sou thern. nn Page Vieksburg. See Sou thern 12 _ Arbor 4 rizona Eastern. tchison 12* See Southern Pacific. Topeka & Santa Fe tlanta & West Point __ tlanta Birmingham & Atlantic tlantic & St. Law. tlantic See Grd. Trk. altimore & Ohio altimore & Ohio altimore Ches. & Atlantic. angor & Aroostook eaum. Sour L. & W. It ssemer & Lake Erie 1. 'ngham & Garfield ...... . ____i rmingham Southern. . 9 . __ _ ston & Maine ffalo Rochester & ntral of England Georgia ____ mtral RR. of New mtral Vermont arleston & West Carolina New Yprk Norfolk & Western 7 Norfolk Southern See Col. & So. 0 Galveston See St. L.-S. F...12 See Sou. Pac.l 2 Wharf.... 7 Georgia ... ____ 10 10 Northwestern Pacific.. 10 Oregon Short Line. See Union Pacific._ 13 Oregon- Wash. RR. & Nav. See Un. Pac 13 7 Panhandle & Santa Fe. _ Grand Rapids & Indiana. Pennsylvania Company, See Penn System 11 _____ .10 : Pacific. Pennsylvania Railroad Trunk See Atchison. 4 _ 10 7 Peoria & Pekin Union. See Penn 11 11 .... 4 Grand Trunk Western 7 Pere 4 Great 7 Perkiomen 7 8 Philadelphia Bethlehem & New Eng____ll Philadelphia & Reading Ry .11 4 Pittsb. & L. E. 8 Pitts. Cin. Chic. & St. Louis. 8 Pittsburgh Shawmut & Northern Northern 4 Green Bay & Western 5 Gulf & Ship Island ... 5 Hocking Valley__ 5 Houston & Texas Cent. 5 Houston East & West Tex. 5 Illinois Central... 5 Indiana Harbor Belt. See Atchison.. / See Sou. Pac..12 See So. Pac_12 ...8 ; ..... See N. Y. Central. 10 5 International & Great Northern Kanawaha & Mich. 5 Kansas 8 See N. Y. Cent...10 City Mexico & Orient RR... 8 Marquette. 11 11 : See N. Y. Cent__.___.10 See Penn. 11 11 Pittsburgh & Shawmut 11 Pittsburgh & West Virginia Port _11 Reading.. 11 Quiricy Omaha & Kansas City 11 Richm. Fred. & PotOm. See Rich .-Wash. 11 Rutland __12 ___._ St. Joseph & Grand Isi. See Union Pac. 13 5 Kan. 5 Kansas City Southern 8 St. L.Rrownsv.&Mex. &eeN. O.T. &M_ 5 Kansas 8 St. Louis Merchants icago & Eastern Illinois, i 5 Lake Erie & West. icago & Erie. 7 Lake 5 Lehigh & Hudson River. lesapeake & Ohio Lines. ...... ______ licago & Alton See Erie... icago & North Western....... icago Burlington & Quincy 5 icago Det. & Can. Grand Trk. Jet. See Grand Trunk System. icago Great Western icago Indianapolis & Louisville ... City Mex & Orient Ry. Co. of Tex. 8 City Terminal... See N. Y. Cent__,._10 Terminal .... Lehigh Valley... Louis-San Francisco. 8 St. Louis Southwestern 8 St.LouisS.W.Ry.ofTex. 8eeSt.L.&S.W.12 5 Los Angeles & Salt Lake 8 Seaborad Air Line 5 Louisiana & Arkansas. 8 South Buffalo 5 Louisiana 5 Louisiana Western. __11 Railway & Navigation Co 8 See Southern Pac_ _ 12 See St. L.-S F_ 12 12 St. Louis Transfer Long Island. *cago Milwaukee & St. Paul .12 San Antonia & Aransas Pass. Southern 12 Railway 12 Southern Pacific —12 6 Louisville & Nashville... 8 Southern Ry. Louisville Henderson & St. Louis 8 Spokane International. icago Rock Island & Pacific._______ 6 Maine 8 Spokane Portland & Seattle.. icago St. Paul Minn. & Omaha Maryland Delaw. & Virginia. ... icago Terre Haute & Southeastern. cinnati _ Indianapolis & Western 0 Central. 6 Michigan Cent. 6 Midland See N. Y. Cent.__...10 Valley. cinnati Lebanon & North. See Penn.10 Mineral Range. cinnati New Orleans & Texas Pacific. 0 Minneapolis & St. Louis cinnati Northern. See N. Y. Central. 9 veland Cincinnati Chicago & St. Louis ee New York Central 1 & Coke. See Baltimore & Ohio... . . _ _ _ Minneapolis St. Paul & S. S. M_._. Minnesota & Internat. .10 See Penn. 11 Mississippi Staten Island Tennessee in Mississippi. See South_ 12 _13 13 Rapid Transit .13 Central 13 8 Terminal Railroad Assn. of St. Louis..13 9 Texarkana & Ft. Smith. 9 Texas & New Orleans. 9 Texas See No. Pac___10 Central __12 —12 6 .... icago Rock Island & Gulf 9 Bridge & Terminal. See Terminal Association of St. Louis. 13 7 See Pennsylvania 12 St. Louis San Fr. & Tex. 8 .... St. 8 ;_ Lehigh & New England icago Junction. icago Peoria & St. Louis RR 11 __10 Georgia Southern & Fla. See Southern. .12 Grand 10 _ Susquehanna & Western____10 Northern Alabama Northern 10 See Penn_ 7 Georgia & Florida 5 ... Jersey Fort Worth & Den. City. Gulf Mobile & Northern. "olina Clinchfield & Ohio........... mtral New 7 Fort Smith & Western __10 NeWjHaven & Hartford 7 .... Johnstown & Gloversv Gulf Colo. & Santa Fe. .... Maine) New York Pkila. & Norfoik. 5 Pittsburgh nadian Pacific Lines (in New York Ontario & Western 7 5 ;# ooklyn Eastern District Term.. "falo & Susquehanna 7 Erie Galv. Harrisb. & San Ant. See New Orleans Railway of Chicago Elgin Joliet & Eastern 4 See Penn .10 ... New York Ft. Worth & Rio Gr. 4 ... 7 4 4 Texas & Mexico.. El Paso & Southwestern Florida East Coast..... J_ 4 _____ Chicago Terminal New York Chicago & St. Louis Fonda tlantic Coast Line Page 7 4 Sys. 7 Name— Page , Connecting. 4 " 4 City Name— East St. Louis 9 See Kan. C. So. See So. Pac.. & Pacific. __ 8 13 -13 Tol. & Ohio Cent. See N. Y. Cent Tol. Peoria & West. See Penn._ 10 _11 4 Missouri & North Arkansas 9 Toledo St. Louis & Western orado & Southern 6 Missouri Kansas & Texas 9 Trinity & Brazos Valley. See Col. & Sou. 6 orado & 6 Missouri Kansas & Tex. Ry. of Texas._ 9 Ulster & Dele ware.. 6 Missouri Oklahoma & Gulf 9 Union RR. per Wyoming. Range berland Valley. See Pennsylvania .10 eware & Hudson. eware Lackawanna & Western 6 _ Missouri Pacific Mobile i Ohio. See Southern 9 Union 12 Utah. 6 Monongahela. 6 Monongahela Connecting 9 Virginian ver & Salt Lake 6 Montour 9 Wabash -13 Vieksburg Shreveport & Pacific 13 13 6 Morgan's L. & T. RR. & SS.Co. SeeSo.P.13 Washington Sou thern. roit & Toledo Shore Line.. 6 Nashville 9 West 9 Western 9 Western See Erie— 7 Western roit Grand Hav. & Mil. runk See Grand Nevada Northern System. 7 Newburgh & South Shore roit Toledo & Ironton 6 New uth & Iron Range Jersey & New York. — _13 ___ roit & Mackinac.. Chattanooga & St. Louis 13 —13 & Rio Grande. .11 13 _____ (of Pennsylvania) Pacific ver See Pennsylvania 13 See Rich.-Wash 11 Jersey & Seashore. _ See Penn Maryland Pacific 11 15 15 Railway of Alabama 15 6 New Orleans & North Eastern 9 Wheeling & Lake Erie 15 uth Missable & Northern 7 New Orleans Great Northern 9 Wichita Falls & Northwestern 15 uth South Shore & Atlantic 7 New Orleans Texas & Mexico 9 Wichita Valley. 7 New York Central 9 Yazoo & luth Winnipeg & Pacific ; See Col. & Sou Mississippi Valley 6 15 4 [Vol. 110 RAILWAY EARNINGS REVENUE RETURNS OF United States Railroads FOR MARCH AND THE THREE In the March following we MONTHS ENDING WITH MARCH. furnish detailed figures of earnings and for March 1920, expenses 1919, and also for the three months ending with March in the two United States which is obliged to file monthly returns of earnings and years, expenses of with the Commission at Washington. It should be of the roads returns As railway operating gross by the Government, or, matter of Inter-State Commei revenues exceed $1,000,000 great interest we add also on page 14 Federal Income under Government -j requires monthly now Prior to the taking per annum. a operations for the calendar & Alabama revenues in excess of $100,000 per annum. years 1919 and 1918 compares with the "Standard Retur Atlanta & Jan. 1 to March 311920. 19_19. 484,161 200,418 448,254 778,300 113,815 159,605 15,281 300,024 663,958 108,387 172,883 5,343 303,877 626.909 619,091 151,390 44,866 31,839 Month of March 1920. 1919. $ 105,588 107,382 257,602 150,776 152,622 64,851 51,411 Tot., lncl. other rev. 233,939 215,778 Expenses—Maint.way exp. 35,279 39,831 4,046 85,183 42,464 58,645 2,403 91,866 Tot.exp.,incl.oth. 177.300 205,257 Net from railroad Taxes (lew war taxes). 56,639 14,244 10,521 11,216 2 61 38 42,345 -698 112,375 12,989 67,984 79,140 43,848 -1.085 141 112,296 8,255 141 141 66,182 93 75,993 93 Maint. of Traffic equipm't. expenses Transportation Uncollectible revenue. Net after taxes, &c. Net after rents.. Aver, miles of r'd 141 oper. ' 38,953 Ann Arbor ——Month of March 1920. 1919. EARNINGS. Freight revenue Passenger revenue..I 28,687 43,644 5,590 92,188 180,691 "76,911" 8,927 1919. 1920. 88$5,352 242,324 55,371 143,476 154,20.5 67,823 rev. 344,666 Expenses—Maint.way 46,000 83,044 316,166 65,700 49,771 1,132,412 124,597 257,849 969,924 204,645 165,075 Tot., Incl. other 354,598 4,681 2,290 16,691 8,163 188,431 155,873 591,485 450,441 454,200 101,307 117,522 21,287 237,850 334,083 285,443 1,024,177 804,845 495,728 10,563 17,500 30,723 16,700 108,234 50,900 105,079 42,900 revenue. 2 64 22 165 -41,527 16,479 Net after taxes, &c_ —6,919 13.959 57,312 62,013 —53,006 Net after rents Aver, miles of r'd oper. —5,542 301 16,469 301 10,924 61,709 301 301 —59,72l' Maint. of equipm't. Traffic expenses Transportation exp. Tot.exp.,incl.oth. Net from railroad Taxes (less war taxes) Uncollectible _ Atchison Top & Santa Fe Atchison Topeka & —.Month of March 1920. 1919. EARNINGS. 1920. 1919. $ $ 276,719 239,349 26,284 40,091 2,725 782,319 238,526 25,184 66,246 75.568 291.006 679,003 79,811 124,154 8,629 247,752 151,708 569,506 483,892 263.090 87,641 8,500 212,812 23.827 195,110 25,500 17,870 ' -24,564' 30,668 193.990 748,627 648 -101,763 83,753 -297 —100,051 —185,517 -1,755 40,162 90 Bangor & Atlantic 1919. % 90 Aroostook —Month of March 1920. 1919. $ Jan. 1 to March I 1920. .? 383,297 1911 $ 1,076,916 91,394 366,473 27,014 460,175 86,892 115,138 4,634 181,654 1,451,593' 631,941 498,250 143,103 139,065 3,870 211,728 647,324 558 1,359,421 524.423 404,948 1.482,459 1.230 -246,262 -26,172 27,001 55,226 21,000 -30,866 76,199 119 236 1 206,130 192,933 373,204 75,242 77,930 1,148,104 270,515 396,614 50,036 1,113,158 695,864 353,031 837,368 306,895 358,089 23,179 —37,657' 439 4,450 —86,650 —294.401 -53,173 33,989 —167,067 J>6 -10,727 -108,944 —310,620| -24,406 65 639 -19,829 658 37,142 639 632 658 639 Belt City Jan. 1 to March 31- 1919. 1920. 1919. $ $ $ Railway of Chicago -Month of March 1920. 1919. Jan. 1 to March' 1920. 191! 12,494,210 53,043,814 38,091,433 1,991,514 6,418,361 5,528,890 3,189,737 11,278,170 9,129,638 144,125 474,193 382,514 5,118,204 17,079,888 14,981.820 269,562 49,964 43,493 1,277 174,248 263,830 43,212 37,381 1,815 755,046 165,360 775,289 122,643 118,374 2,409 487,447 373,494 134,790 103,852 3,317 526,354 234,299 Tot.exp.,lncl.oth 13,028,628 10,661,619 36,042,543 30,739,310 270,507 248,708 772,131" 733,509 299,521 -944 14,520 15,122 12.000 -17,085 40,622 41,779 36,000 73,973 29,109 3,122 57,724 5,779 44,864 1,874 —103,616 —15,172 <*177 frMV177«^^ 177 106,121 31 31 31 exp. taxes). 3,046,552 931,649 revenue. 569 Net after taxes, &c_ 2,114,332 1,277,352 14,297,134 5,694,161 -15,464 Net after rents Aver, miles of r'd oper 1,678,788 8,723 1.176,686 13,831,37$ 'v- 8,682 5,525,773 8,635 #—35,146 8,635 Uncollectible 1,832,591 17,001,271 553,339 2,700,248 1,899 3,888 7,352,122 1,653,001 Gulf Colorado & Santa Fe -Month of March 1920. 1919. EARNINGS. Freight revenue. Passenger revenue Tot , incl. other 1,481,394 471,563 rev. Expenses—Maint.way Maint. of equipm't. 2,101,388 526,325 392,997 942,622 381,902 1,404,707 326,816 v Jan. 1 to March 311920. ' 30,353 25,659 229,013 08,570 57,126 592 78 175,239 1,164,046 89,874 176,095 1,222 748.428 528 230,787 1,038,618 76f -1,773 13,968 125,428 60,473 -5(: -15,742 64.954 —105 130,617 388,352 391 4,959 ft 1919. Atlantic Coast ■Month of March 1920. 1919. 4,485,162 1,442,595 2,941,296 1,110,436 6,623,579 1,539,062 1,207,618 59,582 2,655,884 4,263,237 857,255 703,203 31,951 1,849,579 5,959,248 764,712 1,891,289 Bessemer Line Jqn._ 1 to March 31 Month & of March Lake 794 58 148 4e Erie -Jan. 1 to March 1920. $ 1919. $ 3,585,574 12,293,816 10,555,738 1,878,891 5,049,962 5,067,339 542,432 609,450 35,486 1.671,061 108,327 5,801,791 19,338,193 16,648,457 791,633 2,292,892 2,336,343 1,255,556 3,630,479 3,327,545 64,951 223,097 178,885 2,767,288 8,119,240 7,250,546 606,573 90,954 329,427 10,320 267,628 662,122 1.877,056 180,216 964,166 32,078 844,828 1,95! 99,449 316,066 10,737 274,968 $ [- S 3,628,643 63 47,700 513 16,075,181 2,743,980 3,988,351 153,468 5,833,939 Transportation 12 21 371,071 342,669 Net from railroad Taxes (less war 318 48,479 326,607 368,568 rev 286 15,700 122,125 128,160 Tot., incl. ather 1,349 11,600 110,739 144,962 Maint. of equipm't. Traffic expenses 210 226,140 8,612,749 34,650,245 26,367,354 3,277,494 12,079,807 9,974.431 Expenses—Maint.way 1,080 361,721 400,179 10,991,174 3,835,045 Freight revenue Passenger revenue— 90 4 90 $ 139 3 362 —73,505 26,542 28,189 1920. 355 100 3,507 471,795 93 1,034,964 of March S 970 $ 646,864 70,631 156,631 169,575 290,497 53,436 Atlantic Month 1920. 120,485 19,411 43,923 1,056 117,318 156,438 10H ' 157,940 Jan. 1 to March?,! 20,172' 1920. -55,233 93 1,455,762 Jan. 1 to March £ $ 35 188,985 Birmingham & 10.883 175,336 Chicago Terminal $ 244,199 98,253 128,374 O —Month of March 1920. 1919. 336,418 639 System Santa Fe -Jan. 1 to March 31 1919. $ & 413,959 Month of March 1920. * 1919. % g 277,834 45,673 769,966 1920. 1 Atlanta Jan, 1 to March 31— B West Point —Jan. 1 to March 31- $ 138,925 86.049 Freight revenue Passenger revenue. 175,769 j v Vicksburg -Month of March 1920. 1919. EARNINGS. o^ tabulation showing for all the roads included how the I. in other words, the Government Guaranteed Rental. or, repo to be strictly accurate, prior to the call for the March 1918 reports, montl required from all carriers having railway operating were a compared wi as steam railroad in t : -v... understood, however, that the Inter-State Commerce Commission only from roads whose every 1920. S 1919. $ 39,108 1920. $ 191 '8 1,75', lOf 221 Transportation exp. 18,460 828,582 279,409 10,558 629,197 Tot.exp.,incl.oth. 1,814,787 1.291,075 5,601.069' 3.571,623 4,849,088 5,036,242 14,786.837 1 3.532,582 730,407 708,029 2,116.432 2,06; 298,600 87,015 113,631 71,167 1,022,509' 691,614 258,851 213,502 658 4,551,356 665,000 3,995 3,115,575 610,000 —45,907 14,500 1,746 765,149 210,000 1.764 —237,375 43,600 —ll! 380 1,110,160 265,000 2,484 -123,834 x5,800 166 199.418 42.083 763,000 476.364 842,676 553,384 3,882,360 2,501,696 -139,634 97,574 1,907 15,388 1,937 497,120 1.907 412,347 1,937 859,670 4,891 504,266 4,839 3,750,566 4,892 2,440,686 4,839 136,659 Traffic expenses Net from railroad Taxes (less war taxes). Uncollectible revenue. Net after taxes Net after rents Aver, miles of r'd oper. ' Panhandle -Month of EARNINGS. Freight 1920. $ 483,883 revenue Passenger Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. Traffic expenses Transportation exp. Tot.exp.,incl.oth. Net from railroad Taxes (less war taxes) Santa Fe Baltimore & —Jan. 1 to March 31 March 1919. 1920. $ $ 1919. S 272,531 73,874 1,361,596 401,124 861,592 220,133 372,125' 3,124 205,245 1,956,148 408,325 667,079 11,799 849,728 727,491 482,493 -75,682 132,655 revenue 5 651,809 199,819 224,813 2,873 284,380 122,934 137,595 8,140 500,918 -3 217 217 1919. Month of March 1920. 1919. $ S 137,205 25,155 31,626 1,508 33,513 8i,592 32,374 40,109 1.984,789' 1,501.111 16,393,789 13,363,525 47,627,007 41,138,577 —28,641' -359,475 61,310 Cr6 7 48,350 153 —96,027 -126.446 —89,884 —40,160 —146,564 -231,223 772 772 —469,394 772 ' 16,762,298 12,336,137 48,711,998 36,897,240 2,728,048 2,206,307 5,948,157 6,386,640 5,110,613 4.484,158 15,414,015 13.544,802 <146,621 147,659 614,793 445,603 7,831,564 6,044,768 24.069.092 19.279,348 Cr 90 772 1920. 334 2 110,636 368,509—1,027,388 350,000 346,355 812 690 17,696—1,374,433 142,1 5,153 5,145 4; -16 Bingham & Jan. 1 to March 31 3: -280,992 1,141,636 345,745 421,266 11,407 681,916 20.434 -165,612' 13,611,409 217 —60,408 75,735 Net after taxes, &c_ Aver, miles of r'd oper. Ohio Includes Coal & Coke Month of March 1920. 1919. 91< 87'- _16 134,495 1,678 Uncollectible revenue. Net after rents 4.178 8.838,209 37.565,843 26,355,422 2,463,386 6,101,178 7.382,686 —110,368 15,924 _ 1,244,483 50,219 2,622,079 Garfield -Jan. 1 to March 1920. 191 S $ 428.429 5,435 33< 35 1,219 28,614 440,300 88,196 107,424 5,239 104,667 96.775 106,608 321,429 34 40,430 -25,016 7,425 6,231 118,871 22,275 —434,520—5,333,027 33,005 31.248 96,594 —531,441—5,635,313 42,513 -26,203 37 129,296 36 1,084,991—4,241,336 1,509,014 10,497 5,152 1,087,465 2,523 4,225 5,145 1 36 0 12 io" MAY 1920.1 RAILWAY EARNINGS Birmingham Southern —ATonM of March 1920. 1919. $ S EARNINGS. eight 34,918 revenue Central Jan. 1 to March 31— 1920. 1919. 39,649 86,371 ssenger revenue Transportation exp. 48,668 4,511 9,764 1,565 29,927 Tot.exp.,incl.oth. 49,326 —657 Tot., incl. other $ rev. penses—Maint.way 54,218 169,094 22.955 121,650 12,181 19,728 3,258 78,372 39,778 123,829 114,712 —2,178 5,262 54,381 9,633 3,369 9,440 717 11,212 19,803 2,134 71,825 1920. 6,465,314 901,988 1,738,687 371,762 402,865 48,748 769,355 122,518 2,653,908 1.731.783 1,646.609 5,242.151 (less war taxes), icollectible revenue. 1,754 713 9 713 Net after taxes, &c_ -2.412 11.112 -7.450 44,034 264,185 27,655 —6,353 4,257 -19,525 35,453 31 29 31 29 234,858 1,924 36,675 1,918 xes it after rents miles of r'd oper. er. Boston Month of March 1920. 1919. EARNINGS. $ 80 6,627,453 4,975,606 taxes). icollectible revenue- 67 Net after taxes, &c_ }t after rents.. miles of r'd oper. ^er. eight ssenger 6.200,337 6,101,792 -269,838 79,500 1,100,807 218 559 445 92.221. 82,666 —349.898 830.361 —715,076 116,330 1,918 373,276 00,481 1,131 1,208,250 1,131 -915,876 1,131 837 1.000,411 926,307' 1,924 New England 1920. $ 1,131 Chicago & 7,606,149 2,742,465 931,202 787.888 1,854,877 1.490.173 9,871,040 —48,599 -2,087,712 173,318 688,210 45 3,362 —220,531 518,089 45 -114,742 18,800 -77,594 16,000 -569,393 54,400 -77,415 48,000 1,562,219 710,000 1,106,29? 90 58 93 648 501 -2,779,285 -738,665 -133,542 -93.685 —623.852 —125.508 851,571 630,792 •274,870 -3,782,312 2,258 2,304 -831,798 -170,995 -157,991 -931,867 —209,256 2,258 301 301 301 301 859,184 8,090 584,251 8,090 -1,086,695 2,304 Jan. 1 to March 311920. 1919. § Central Month of Railroad ' New 1920. 1919 _8,928,367 32,909,555 26,616,774 —Month 1919. $ 1,814,524 7.143.644 1.702.645 124,785 10,858 12,035 63,439 39,756 17,888 295,073 80,035 156,605 197,654 83,314 77,304 3,878,510 3.077,687 461,166 867,303 19,192 1,654,065 10,716,764 1,351,333 3,513,753 71,400 6,028,648 9,692,373 1,198,774 2,797,547 58,610 4,903,682 13,216,614 10,479,346 29,786,962 22,126,426 1,664,339 1,313,254 2,853,966 2,677,81 2,909,739 2,120,375 5.757,605 4,543,959 89,435 76,182 179,833 164,868 5,978,107 4,301,151 12,279,660 9,268,904 7,994,670 607,189 9,614,657 2,369,694 147,078 320.132 3,514,629 3,101,079 11,272,970 9,252,957 11,101,721 from railroad 31,210 5,493 —44,782 4,956 -136,589 17,829 -122,477 14,896 363,880 265,366 -23,391 157,074 —556,205 709,839 439,415 472,459 2,114,892 552,683 146 126 156 Net after taxes, &c_ 25,267 —49,739 —154,418 —137,373 98,366 —180,465 -1,266,171 -33,199 it after rents 23,601 -50,114 68,482 —256,354 -1,291,202 -146,072 10 -156,365 98 -143,083 9 10 686 686 685 8 383 102 revenue- miles of r'd oper. Buffalo & Susquehanna RR eight Month of March 1919. ssenger revenue Tot., incl. other rev. penses—Maint.way Maint. of equipm't. Traffic expenses Transportation exp. Tot.exp.,incl.oth. it from railroad xes (less taxes), war icollectible ■t after rents 1919. -Month $ 20,613 22,020 82,006 80,094 249,062 249,505 159,401 35,334 516,499 120,302 250,150 5,479 191,112 531,000 73,931 136,085 9,335 348,208 397,772 53,271 117,095 5,978 268,166 1,446,445 222,624 477,551 33,639 1,065,371 3,757,245 1,287,511 3,156,067 1,362,431 1,196,574 138,349 346,279 17,784 844,153 1,638,789 236,201 469,853 21,944 857,750 1,579,748 218,804 310,605 28,258 792.334 5,818,118 673,243 1,494,179 82,616 2,868,559 4,844,428 593,569 1,184,343 83,736 2,324,238 1,850 61,377 703,422 589,169 589,409 462,790 1,861,280 1,400,899 1,655,088 1,405.070 5,317,210 4.354,187 7,675 3,200 -38,749 3,250 -22,379 9,900 -72,670 9,750 -58,408 17,400 -65,017 17,400 —414,834 52,200 —204,325 —16,298 174,677 500,902 490,240 52,200 67,061 54,974 176,902 10 4 25 19 38 Cr436 452 Aii —41,999 -32,280 -82,420 —75.818 -82,422 —467,060 —256,545 -83,398 120,139 323,552 312,308 53,437 -45,100 25,492 296 -87,716 -98,778 -84,911 —499,953 —262,523 296 413 413 413 413 -186,491 1,496 41,944 1,496 44,004 1,496 104,820 1,496 296 296 Rochester & Pittsburgh Charleston Jan. 1 to March 31 $ 933,523 122,174 1920. 1919. $ $ 3,546,950 382,140 4,101,744" Month Western & -Jan. 1 to March 31— 1920. 1919. of March 1919. $ 1920. Carolina S 8 766,969 250,751 556,612 219,647 2,289,702 681,295 1,751,907 599,321 3,558,106 536,257 1,219,890 43,505 1,775,239 256,345 53,764 54,286 4,994 146,807 268.433 54,068 39,390 6,411 763,448 142,688 1,123,669 128,227 392,376 20,761 851,988 91,450 223,316 13,103 127,079 842,588 172,781 198,950 11,981 432,126 361,168 521,890 366,547 3.465,092 343,003 1,040.647 64,802 1,560,480 2,576,401 314,605 662,350 36,384 1,102,195 231,518 821,387 678.372 1,108,574 730,436 3,137.985 2,210,661 85,075 25,500 15,095 50,676 121,552 327,106 145,288 365,740 95,665 -111,509 85,000 -122,063 81,000 -6,453 revenue- 12 141 652 441 —197,161 -203,504 -14.953 28,414 ,498 -175,313 589 -12,714' 13,404 —29,374 342 -30.439 —53,032 miles of r'd oper. 589 589 589 Pacific Canadian Month 353,238' 1919. $ $ (in Me) -—Jan. 1 to March 31 of March 1920. Lines 1920. % 1919. 738,596 8,500 21,001' 8,500 25,500 32,501 9 342 342 Chesapeake Month of & March 1919. $ 1920. $ $ 36,914' 143,703 14,339 —35,591 89,050 181,779 —54,860 25,028 38,297 34! 654 657 654 Jan. 1 to March 31 1919. S —Month of March 1920. 1919. •S Jan. 1 to March 31— 1920. $ $ 97,172 671,681 207,277 184,784 777,280 3,840,337 15,024,819 11,823,745 1,253,687 2,189,381 3,476,638 326,875 20,855 89,234 2,495 215,060 915,353 128,949 230,951 8,691 659,487 963,203 95,322 233.167 7,825 663,504 6,200,032 752,270 1,638,690 40,762 2,580,624 5,271,819 18,856,924 16,099,938 2,463,158 2,756,627 902,939 3,830,598 5,009,457 1,189,026 113,163 145,024 36,500 7,772,457 2,212,178 6,758,759 293,684 51,967 88.061 223 85 Transportation exp. 343,515 52,548 94,833 2,744 211,862 237,088 Tot.exp.,incl .oth. 365.710 331,183 1,038.691 1,012.512 5^191.926 4,491,414 15,863,591 13,900,634 386,980 -22,195 12,200 —4,308 11,000 —123,338 36,600 —49,308 1,008,106 229,810 780,404 172,000 2,993,332 609,430 31 167 835 1,199,304 510,840 2,787 revenue Tot., incl. other rev. penses—Maint.way Maint. of equipm't. Traffic expenses t from railroad xes (less war collectible taxes), 33,000 revenue- 657 Chicago Junction 215,903 4.985,997 151 269,923 59.575 Ohio Lines 1920. $ 38 49,41' 270,136 60,875 3senger 191Q $ $ 557,529 172,904 —3,297 27,000 124,736 1920. 644,431 152,373 159,749 35,000 348,184 Jan. 1 to March 31— 200,821 57,616 taxes), t after rents ■Month of March 1919. $ . 1920. .$ 187,947 50,126 262,799 Net after taxes, &c_ Chicago Indianapolis & Louisville 3,090,811 356,443 3,680,169 sight revenue 177,973 4,475 4.213.253 EARNINGS. $ 1,011,644 452,262 198,151 555,154 er. 1919. 1,047,829 43u,834 241,830 92,601 1,093,527 icollectible 1920. $ 857,160 235,723 681.043 103,069 299,635 6,883 263,935 43,987 99,967 2,030 84,717 1,396,249 war Jan. l to March 31 1919. Tot.exp.,Incl.otb. (less of March $ Transportation exp. t from railroad -Month 1920. 539,869 1,498,128 42,196 2,027,462 xes 9,372 $ 1,090,230 197,482 290,096 14,683 penses—Maint.way 6,041,763 9,371 1919. 998,398 138,020 Maint. of equipm't. Traffic expenses 1,697,221 9,372 $ 1;555,998 160,850 473,725 12,344 711,239 rev. 1,137,716 9,371 1920. 277,325 1,366,264 Tot., incl. other 3,719,716 $ 401,566 $ ssenger revenue 952,364 10,282 6,684,882 1919. 482,905 Month of March 1920. 1919. revenue 1,098,044 4,068 1,797,750 $ 643,373 Buffalo EARNINGS. 1,554 1,560,654 1920. 147,930 7,854 17,444,063 7,786,994 Chicago Great Western Jan. 1 to March 31- of March 8.198,317 21,999,968 2,281,028 476,182 7,096 Vermont 237,783 7,556 miles of r'd oper. sight Central revenue- Net after taxes, &c. er. 1920. 685 Corp Jan. 1 to March 31 1920. revenue 1919. $ $ <5 7,351,658 19,690,745 16,033,502 2,306,082 5,078,510 4,788.198 ■ 2,202,370 182,577 EARNINGS. Quincy 2,974,704 641,484 431,663 er. & Jan. 1 to Feb. 29 1920. 179,788 46,584 taxes). 679,489 8,090 266,063 108,222 war 849,408 888,134 8,090 60,158 93.574 (less 1,425,000 2,807 115,268 383 65,227 icollectible 4,811 927,278 Burlington 1919. Tot.exp.,incl.oth. xes 1.865,620 I of February 1920. 8 '2,797,710'"2,277,213 475,000 Jersey Chicago -Jan. 1 to March 31 of March 1920. 286,222 19,052,111 7,535,333 11,433,268 1 0,034,661 35,707,265 28,893,987 1,221,204 1,165,832 4,086,118 3,673,746 2,584,688 2,200,120 8,481,521 6,790,425 73,688 88,133 243,442 211,082 5,584,484 5,151,774 18,949,805 14,975,302 511.483 221,962 1919. 6,657,445 22,756,395 2,565,566 8,046,740 Transportation exp. it 1920. 559,071 —646.243 Western Jan. 1 to March 31- $ 345,945 1,091,411 27,162 1,950,187 Traffic expenses North 280,574 108,257 2,862 270,000 —Month of March 1920. 1919. 1919. . 5,626,610 944,080 —475,181 238,591 1,303 15,056,001 revenue Tot., Incl. other rev. penses—Maint.way Maint. of equipm't. 2.076,695 182,884 100,000 19,552,436 —Month of March 1920. 1919. $ $ revenue.. 2.128.123 246,475 153,416 433,888 120,993 107,432 2,963 264,272 Brooklyn Eastern District Term. EARNINGS. 4.697.019 367,374 6,749 Tot.exp.,incl.oth. war 2,247,642 63,613 2,688,311 1,412,758 Transportation exp. (less 7,301,144 588,649 2,282,261 65,261 3,052,862 71,374 150,559 xes 820,185 24,065 851,095 390,083 478,104 8,223 17,464,724 14.835,470 3,118,410 1,931,736 4,443,231 3,355,995 42,965 124,848 117,164 2,917,209 11,203.449 9,060,580 444,328 664,962 1,152,768 —111,290 234,886 1,806,857 326,639 2,246,132 2,311,007 228,686 771,858 18,480 1,014,532 1,285,484 4,927,007 it from railroad 4,943,494 1,022,894 1,159,206 103,944 1,270,379 75,173 6,216,163 1,336,085 1,478,895 34,857 3,524,200 expenses 1,204,574 1,132,409 ssenger Traffio 398,126 385,671 28,849 i.588.859 rev. 416,022 4,059,852 1,167,862 395,208 27,499 2,782,437 1,752,506 revenue 4,888,851 8,585,927 4,598.806 $ 3.860,178 penses—Maint.way Maint. of equipm't. 1,278,330 256 381 $ 1,685,945 -Jan. 1 to March 31 1919. $ eight revenue Tot., incl. other 222,495 1919. 1920. $ 2,930,827 1,500,047 Month of March 1920. 1919. $ $ 1920. 10,245,197 4,939.758 1,019,132 1,235,540 64,041 Central Jan. 1 to March 31 $ 1,534,265 92,078' 1,223.163' 341,562 77,297 Maine & $ $ 3,962.079 14,440 2,615 it from railroad 1919. 1,060,403 499,855 2,073,346 326.833 396,894 36,967 Chicago & Eastern Illinois j—Jan. 1 to March 31 1 ■Month of March 1920. 1919. & $ Jan. 1 to March 31 $ 1,385,175 491,508 Maint. of equipm't. Traffic expenses Georgia -Month of March ' 1919. 1920. $ 123,429 $ of 5 1919. S ' ......... - .. - - - - 257,250 89,287 66,197 - - - .» m - •» — m — 823,685 259,972 155,236 227,906 931,055 132,801 190,330 1,183 782,001 390,388 1,129,462 1,151,770 —92,295 2,991 —133,138 2,401 198,40^ 328,085 6,712 8,743 310 712,080 Net after taxes, &c. -34.395 —15,308 —159,938 —82,308 778,265 608,236 2,383.067 1,685,675 —96.286 —135,539 —207,150 —334,797 t after rents.. -50,487 -25,431 —206,782 -137,934 —111,252 233 1,317,928 2,506 —101,549 233 2,897,458 2,516 —65,900 233 976,822 2,516 481,843' 233 12 12 12 —188.911 12 er. miles of r'd oper. Clinchfield Carolina -Month EARNINGS. sight revenue & Ohio Chicago & Alton Month of March Jan. 1 to Feb. 29 of February 1920. S 1919. 1920. $ $ 400,566 384,110 952,038 2,506 1919. 1920. 8 $ 829,884 1919. $ 1,565,023 Chicago Milwaukee & St Paul -Jan. 1 to March 311919. 1920. 75,393 3,262,439 11,075,757 39,242,808 32,182,224 951,309 5,091,142 3,358,643 3,841,803 10,140,779 10,266,594 93,047 285,716 248,326 5,499,219 20,207,335 16,304,047 6.176.498 5.335.885 10,682,252 10,759.243 37,031,218 31,221,534 419,692 171,205 2,431,810 677,262 32 57,246 487,251 2,197.264 244,916 539,514 exp. 135.526 359,906 908,065 161,326 227,838 8,484 294,040 22,969 1,026.066 1,899,166 322,224 513,303 27,801 895,779 Tot.exp.,Incl.oth. 381,979 344,808 868,941 718,614 1.912,740 1,817,695 railroad xes (less war taxes) collectible revenue. 58,050 Cr8,316 75,360 16,300 187,873 5,183 189,450 32,600 72,434 60,205 610.647 201,792 10 11 52 11 76 133 460 234 59,048 182,637 156,838 212.013 21,132 408.393 248.252 37,179^ 322,474 282J, E 1282 115,369 282 188,516 1,050 —69,835 204,855 1,050 -54,741 1,050 Transportation t from _ Net after taxes, Ac. t after rents er. miles of r'd oper 66,355 134,746 282 ■> 284,524' 81,471' 1,050 1919. 13,114,063 1,242,794 2,905,390 92,107 5,999,846 1,400,633 5,755,577 61,302 1,056,815 155,802 317,539 8,229 Maint. of equipm't. Traffic expenses 1920. 887,725 1,566,379 71,082 2,637,892 1,390,220 6,787,146 742,146 1,889,693 27,723 78,214 113,471 4,324 Jan.. 1 to March 31— $ $ 7,741,570 26,636,072 22,895,007 2,388,028 6,698,081 6,614,391 4,531,055 420,168 penses—Maint.way 1919. 9,407,888 2,404,885 4,051,297 1,310.722 476,559 29,025 Tot., incl. other rev. March $ $ $ $ 440,029 75,376 120,393 3,770 169,701 ssenger revenue -Month of 1920. 316,514 494,275 4,054 "27211,590 1,882,998 31,216 960,690 1,581.516 6,999 -181.816 1,734,879 10,628 -291,936 10,647 -1,023,412 10,628 10.647 Colorado Chicago Peoria & St Louis EARNINGS. Passenger Tot., incl. other equipm't. expenses— Transportation exp. Tot.exp.,incl.oth. Net from railroad 113,706 37,307 56,381 2,763 75.189 410,082 64,571 168,466 4,440 196,761 3,517.462 1,238 2,528 3,473 846.309 78,358 12,345 21,462 93,939 9,525 18.983 187,549 31,651 46,335 290,625 23.232 53,491 5,275,651 522,677 4,356.838 239,012 70,711 115,715 5,150 156.470 202 75 710 269 40,600 47.642 94,647 146,733 5,082,370 513,394 1,327,012 65,878 2,948.630 15,640.867 12.977,61 918,812" 870,43$ 862,500 3.352,54 902,01 383 1.066 92 -264.945 577,472 6.867 2.449.60 34,224 —304,586 527,815 956 955 61.338 956 2.367,50 41 445,062 367,280 78,617 79,908 185,150 235,468 5,059,815 -34,96<J 12,200 -m, 268 14,766 -258 7,359 5,000 14,030 4,000 2,399 15,000 55,156 12,000 287,500 15 13 -47,195 -143,047 -5.258 10.030 -12,600 43,156 -149,119 -7,419 4,575 247 43 41 -19,270 I 43 15 Net after taxes, &c_ -33,286 -75,288 -36,474 -78.951 247 247 Aver, miles of r'd oper. '247 Month Month of 1919. 1920. $ 1919. $ $ 1919. 1920. 1919. 1920. $ 829,457 165,031 727,947 987,908 128,486 222,503 10,399 373,006 1,053,027 997.475 88.714 39.464 171 2.486,488 Rio & 2,522,286 $ 424,325 5.409,74 1,172,76 2,232,121 274,793 750,846 9,065.615 921,856 2,133,028 89,813 3,090,016 6,903,88 769,90 2.206,74 53,72 2,656,60 1,674,535 387,854 54,589 271,543 70,868 1,206,165 270,661 360,532 63,488 67,609 7,652 1,673,273 283,971 274,199 19,859 1,086,189 199,868 Transportation exp. 476,287 62,489 61,245 1,845 196,259 172.688 639,589 518,235 Tot.exp.,tncl.oth. 338,334 railroad—. Taxes (less war taxes). Uncollectible revenue. 37,953 17,833 Net after taxes, Ac. 120,119 24,057 521,621 49,078 141.785 149,052 782,948 527,135 494,617 86,085 109,939 16,898 514,336 32,965 53,344 140,133 474 463 474 1,099 1.100 740,687 1,099 490,694 1,100 524,654 2,585 123,579 2,640 Passenger revenue.. Tot., incl. other rev. Expenses—Maint.way Maint. of Traffic equipm't. expenses— Net from Net after rents Aver, miles of r'd oper. • 323.286 1,197,685 *'-.■"j'jjw 463 Chicago 13,154 45,867 33 166 Rock Island — Traffic expenses... 1,190,215 1,205.714 914,050 692,626 786,201 856.094 2.476.019 2,453,434 2,091,440 2,045,305 6,583,973 5,983,07 201,706 59,791 196,932 47,000 161,771 669,563 141.000 619.618 125,000 186,815 100,000 130 880 1,085 1,428 2,481,642 365,000 14,574 920,81 300,00 1,31 738,981 31,270 Month of 22,220 730 1920. $ 573,354 217,337 1,828,114 819,964 98,933 161,477 7,539 334,541 5,347,952 20.779,357 15,676,822 7,184,418 6,571.190 580,013 262,366 9,874,475 1,321,553 2,354,475 100,468 4,617,291 8,103,326 31.957,236 23,609,624 1,396,900 4,451,781 4,134,039 2.043,177 7,151,432 6,171,631 97,830 317,278 279,737 3,566,138 14,340,521 11,088.204 880,283 150,460 221.852 5,385 411,525 ■Month of $ 619,41 688,81 2,64 2,585 —Jan. 1 to March 31- March 1920. $ 1919. 1919. $ 2,102,067 2,140,026' Salt Lake & Denver -Jan. 1 to March 31- March 1920. S 2,260.121 revenue— Transportation exp. 25,452 400,177 6,764,524 2,445,104 Freight revenue Tot., incl. other rev. Ejroenses—Maint.way Maint. of equipm't. 380,395 3,122,998 357,559 737,895 Fort Worth & Denver City $ Passenger 145,283 258,872 9,972 2,711.059 288,234 735.953 30,524 Pacific & 452,242 553,247 3,421,825' 1 Jan. 1 to March 31 1920. 1919. Month of March 1919. 1920. EARNINGS. 223.876 19,329 475,588 37,245 188.108 1919. $ 1920. 6,952.660 1.316,528 2,172,395 363,070 799,632 231,250 Freight revenue 9$ Grande Jan. 1 to March 31- Month of March 1919. 1920. $ $ Colorado & Southern -Jan. 1 to March 31March Jan. 1 to March 31 of March 1920. 22,554' Denver Colorado & Southern System Chicago Rock Island & Gulf 16,511,301 16,330,15 1,467,43 1,674,722 3.521,17 4,152.298 104,5C 211,634 24,403 7,390.37 9,036.777 2,487.307 1,151,067 340,956 181,635 "=-67,92$ 6,100 EARNINGS. 75,957 44,238 24,905 987 235.300 taxes). Net after rents $ 20.961 179,786 46,346 Westerij Jan. 1 to March 31-\ 1920. 1919. % % $ 3,764,158 11,494,137 12.043.32s 898.849 2,656,408 2,680.29 ■Month of March 1919. 1920. $ 1919. $ 1920. $ ==27,171 Uncollectible revenue- Taxes (less war $ 324,072 48.645 22,323 208.128 32,780 89,394 3,202 101,492 rev Expense—Maint.way. Maint. of $ 84.846 S 175.557 22,785 revenue.. Delaware Lackawanna & —Jan. 1 to March 31— 1920. 1919. S 1920. & Wyoming Month of March 1919. -Jan. 1 to Feb. 29 -Month of February 1919. 1920. Freight revenue Traffic [VOL. 110. RAILWAY EARNINGS G 1919. $ 1920. $ 1919. $ 392,6( 1.701,351 619,816 106,612 22,335 138,568 533,443 24,025 73.757 59 .OS 2.924,130 439,451 641,210 15,951 1,301,200 2,438,509 136,798 53,423 85.950 169,195 48,314 96,084 645,873 471,11 149,0' 282,4( 920 181,266 312,530 2,684 114,417 131.253 430.458 339.7'. 1,866,877 262.906 280,685 947^345 789,6i 571,632 57,750 -126,108 -301,472 31.749 -318,51 27,0< 890,622 279,285 512,230 16,152 973,017 722 2,51 8,694,795 7.329,308 825,793. 635,016 2,496,532 1,179,679 417,881 774,017 348.264 '4,934,446 1,24/^22 taxes). 1,177,720 1,044,982 54,489 23,100 184,948 19.250 427.597 66,900 Uncollectible revenue. 603 723 2,204 1,654 21 53 442 Ac. 761,194 425,030 3,754,521 200,684 31,368 165,644 360,255 513,821' -136,691 120,491' —333.289 —345,5- 240,214 2,925,202 7,595 -194,522 —82,753 153,580 128,034 479,762 -143,346 119,578 —359,289' —342,11 d oper. 385,308 7,595 7,723 454 454 454 454 255 255 Tot. exp., Incl. oth. Net from railroad Taxes (leas war Net after taxes Net after rents Aver, miles o 27,022,789 22,362,302 7,723 EARNINGS. : Month —Jan. 1 to March 31— Month of March 1919. 1920. $ $ 1919. 1920. $ 32,999 28,541 97.872 81.0: 172,129 681 63.991 232.838 3,688 •83,088 425,230 70,457 135,334 8,620 243,704 343,7 53,7t 117.7 61,793 139,267 18,769 36,934 7,977 64.283 147,840 490.686 426,2: -82,5! 7,572,114 613,984 1,485,225 62,026 3,709,117 6,264,475 570,423 1,234,446 174,173 87,739 32,954 60,286 3.157.627 198,685 470,472 22,936 Transportation exp. _1_.129.060 176,491 446,136 14,366 1,109,459 238,8. 53.244 309,765 122,299 131,024 4,888 178,923 2.096,471 equipm't. 1919. $ 487,996 230,561 150,577 5,326 2,150,324 expenses... $ 271,449 18,365 18,671 Tot., incl. other rev. Maint. of 1920. 103,550 95.411 42,603 43,941 1,565 149,427 revenue— 4,125,528 1,674,458 Traffic 129,188 i -Jan. 1 to March 31- -Month of March 1920. 1919. 1919. $ $ 2.' Mackinac 241,587 4,808,306 1,888,661 Expenses—Maint.way & 255 395,677 58,061 1,360,770 600,296 Passenger 1920. 1919. $ 1920. $ $ 1,322,702 664,147 Freight revenue 68 Detroit Jqn.l to March 31 of March 9,000 60| Trinity & Brazos Valley Chicago St Paul Minn & Omaha 111,489' 10,583 71,938 15,087 34,322 15,9; 186.5: 1,822,089 6,1167388 5,246,814 192.194 158,042 643.245 459.449 142.724 Net from railroad.... 244,351 -155,249 -8,573 —65,356 26,371 -149,684 17,143 29,404 5,714 9,750 2,377 14,803 16,8; 243 1,017,661 311,786 UJ13 7,208 274 1,455,726 389,162 1,309 -62,630 113,750 274,382 104,240 -18,020 Taxes (less war taxes). Uncollectible revenue. 7 94 69 Net after taxes.... 130,326 169,897 1,065,254 704,561 -25,229 -68.353 -182.114 —166.897 19.654 -10.950 -80,159 —99,4' "112,594' 141,775 1,749 980.598 —61,410 -78,116 -227,398 -182,109 35,708 -9,544 -54,993 —96.1' 368 368 368 368 376 381 376 3< 1,905,973 Tot.exp. rlncl .oth. " Net after rents ' 1,749 Aver, miles of r'd oper. 1,749 1,749 Chicago Terre Haute & Southeast Freight revenue Passenger revenue — -Month of March 1920. 1919. -Jan. 1 to March 31- Month of March 1919. 1920. $ $ EARNINGS. 1919. 1920. $ « 302,518 353,0: 21,705 70,718 18,670 9,745 484,218 76,942 29,214 207,526 57,227 160,707 13,747 13.320 365,8: 25,5; 29,5< 684 277 385 202,861 1,697 114,485 303,112 36,206 42,750 3,910 37,816 116,751 23,537 19,727 2,363 80,928 46,306 160,803 106,6< 134,079 76,002 256,750 166,2' —17,327' *4770^ 15.800 199,5. 14,5< 71,026 1,311,530 131,452 420,232 14,138 570.840 970,105 164,291 454,924 11,330 372,461 152.759 30,903 7.592 57,939 Transportation exp. 173,560 Tot.exp. iincl.oth. 387,711 325,782 1,173,389 1,033,366 97,124 75,109 314,992 222,176 54,654 19,500 4,992 14,500 138,141 55,500 —6^261 55,634 5,707 -4,391 4,188 169,226 43,500 15,878 -14,650 12,565 29 2 35 Expenses—Maint.way Maint. of Traffic 147,313 3,872 equipm't. expenses... Net from railroad Taxes (less war taxes) _ 1 Uncollectible revenueNet after taxes, Ac. Net after rents 82,641 —106,762 49,926 -8,609 153,344 -27,251 —26,558 77,454 245,185 -105.713 29,244 -10,367 102,490 —32,831 —55,636 67,262 374 374 374 ,374 256 256 256 256 61 — Indianapolis & West 1919. $ 150,259 53.334 46,312 378,556 44,332 116,283 220,452 Toledo Month of March 1920. 1919. $ $ Jan. 1 to March 31- & Ironton -Jan. 1 to March 31 1919. 1920. 1920. $ 1919. 170,134 190,204 1.014,442 39,826 39,439 372,561 15,374 240,118 142,116 65,548 14,258 13,153 41,410 70,667 19,322 17,163 1,874 39,165 84,916 21,973 17,574 1,945 221,647 59,206 51,225 408,537 62,120 72,388 6,021 172,275 268,145 72,371 112,521 3,344 139.102 1,148,106 160,770 252,665 14,322 787,382 150,673 455,264 1.074,558 1.43,266 382,236 185,0; 169,1; 61 53,860 13,143 $ $ 306,390 Month of March 1920. 1919. % $ 1919. 1920. 29,100 61 Detroit Copper Range Jan . 1 to March 31 of March T. 1.461 -9,507 Month Passenger revenue 7,250 -12,650 1920. $ EARNINGS. 7,900 1,330 35,154 Cincinnati Freight revenue 30,558 120,209 Aver, miles of r'd oper. 1919. 159,585 330,774 51,003 142,290 4,338 119,729 Tot., incl. other rev. Jan. 1 to Feb. 29— 1920. 116,065 44,025- 442,366 49,647 1919. $ 130,581 62,445 112,313 33,714 1,198,150 1920. 329,330 119,982 884,710 65,519 300,549 22,619 -Month of February 1920. 1919. Jan. 1 to March 31 4 % S 407,426 25.679 Detroit & Toledo Shore Line Wichita Valley $ $ 819,1 35,6' 914,9 251,3 7,542 158,652 3,855 117,883 20,340 492,020 660,094 119,994 213.055 12,235 381,369 34,990 5,794 118.954 247,736 62,882 51,138 5,239 102,221 599.863 455.5 Tot.exp.,Incl.oth. 345.690 225,774 1,087,170 764,179 81,864 79,258 244,947 229,876 328.272 339,610 1,073,238 1,087,1 railroad taxes). 32,865 15,569 ,822 —12,612 37,639 —104,085 -11,196 5,658 30,729 6.823 6,890 -23,299 17,191 17,859 14,371 80,265 10,243 -71,464 8,500 74,868 26.421 Tot., incl. other rev. Expenses—Maint.way Maint. of Traffic equipm't. expenses— Transportation exp. Net from Taxes (less war 29,057 61,989 Net after taxes, Ac. r'd 17,269 —15,065 18,845 -22,177 321 321 oper. —50.258 Month -18,020 -1,231 —40.491 3,487 71.683 —79,964 47.684 —198.1 -207575 -1,591 —43,847 2,729 77,541 —47,687 16,71$ —206,1 321 142 142 142 142 454 457 454 Duluth & " 1 —Jan. 1 to March 31— of March 1920. $ 1919. $ 2,273,580 5,2007331 607,472 1,831,342 36,457 474,209 1,489,768 362,716 753,806 17,668 1,148,322 2,991,612 2.467.574 118,096 118,081 1,196.923 3,838.415 3,414,521 2,803,897 2,425,781 5.734,089 5,170.395 312,561 274.768 927.432 -375,530 78,000 -185,537 —123,562 -529.822 135,038 1,037 722,134 116,999 1,218 60,000 7,667 7,629 384 4,740 438 5,584 205 206 3: 773.987 603,916 —453,915 -216,942 —690.197 —358.446 —193,205 —131.397 —555.027 —461,8 248,739**106.737^x1899,556 337 337M 337 636.295 337 459,95(1 —391,972 875 -197,573 -127,756 —477,618 —435,5 292 292 292 2« 1,330,638 139,238 517,354 22,351 exp. 1,470,821 153,772 395,363 21,179 594,927 Tot.exp. dncl.oth. 1,212,907 ?et from (lessrailroad war taxes). 257,914 58,966 133,715' 4 198.947 94.710 revenue. Not after rents Jan. 1 to March 31 1920. 1919. 2,428,366 296,997 899,990 19,974 1.458,426 Tot., Incl. other rev. Avar, miles of r'd oner. Month of March 1920. 1919. S S 4,136,656 402,977 1,333,692 65,936 893,082 Net after taxes, Ac. 1 4. Range 4,748.478 583.378 1,256,321 91,710 1,754,518 3,355,577 285,139 axes ■Jan. 1 to Feb. 29 Iron 1,954.293 168,567 978,330 286,501 Uncollectible Hudson 1,925,198 237,988 1,086,494 Transportation Month of February— 1920. 1919. S $ & 2,963,050 977,733 Freight revenue Passenger revenue— Maint. of equipm't. Traffic expenses... 1919. S Delaware 1920. $ 4,291,020 465,502 1920. $ Expenses—Maint.way —172,2: 25,9: -151,776 —134.815 Cincinnati New Orl & Texas Pac EARNINGS. 8,3 762 —■ Net after rents Aver, miles of 8,581 6 Uncollectible revenue. 334,5' 39,000 910,06$' 875 1919. S 875 875 $ 87,336 111,594 267,438 267,2' 23,969 25,973 67,921 7i,r 4,937,534 763,282 1,613,267 127,024 61,911 110.767 151,206 55,330 87,444 397,609 195,085 304,114 1,684 380,205 377,1 144,6 266,1: 1,4 365,8 36,326 >6 156.000 $ 4,245.369 396,736 120.000 845 599 24,997 818,1 —140,9 20,5' Duluth —Month EARNINGS. Missabe 1919. rev. Expenses—Maint.way Maint. of equipm't.. Traffic expenses Transportation exp. $ war Uncollectible taxes). Net after rents 656,247 2,153,924 2,049,171 82,434 169,722 215.841 887,603 61,850 134,256 9,389 457,445 807,993 65,577 136,212 11,181 2,654,947 985,223 227.863 509,191 36,891 1,561.818 2,436,162 246,871 428,926 31,851 516,443 598,117 308,305371,661 6,653 448,132 131,631 207,470 125,809 183,366 2,275 154,118 212,618 521,648 373,047 542,663 6,782 2,162,675 161,831 100,264 534,740 290,721 228,760 116,818 273,487 100,895 —36,240 -2,180 4,200 -199,626 18,564 162 19 —295,466 -127,995—1,004,499 —616.654 150.968 49,420 -959,761 -556,790 -75,491 —62,401 33 ..—308,104 -119,393 407 410 410 407 New Jan. 1 to March 31 of March $ $ S 787,905 64,037 80,757* 307,906' 9,885 15,116 800 29,017 342 71,107 56,519 4,923 199,020 228,673 25,335 51,112 1,238 195,547 69,745 69,370 2,147 161,792 340,933 96,227 44,652 3,008 198,894 767,892 192,709 186,206 8,896 514,383 961,586 267,506 140,222 8,492 700,650 84.884* 295.313 243,456 317,468 355,725 949.822 1,162,502 _,127 4,050 12,593 7,654 -14,782 8,050 -121,921 12,300 -14,792 11,140 -181,940 36,901 —200,915 33,420 4,933 ' -22,833 -134,222 —25,932, —218,842 —234.335 —56,903" -64,585 -188,386 -51,876 -348,862 -39,723 47 166 166 166 166 85,372 993,503 100,396 —41,119 20.500 575 19,COO —136,587 61,500 -36,549 57,000 5,257 1,927 8,256 18,386 8 21 60 21 1 —61,627 -18.446 —198,147 -93,571 3,329 —8,177 —100,595 -25,504 —261,46$' —118,955 -17,25? 22,855 614 615 47 47 $ revenue 28.197 ■Month 1919. 486,344 88,427 lo2,634 74,986 539,673 1,473,694 1.181,198 19.623 17.435 50,509 45.474 150,075 9,679 15,070 463,586 33,011 51,432 1,839 228.Q58 Tot.exp.,incl .oth. 178,881 158,778 499,239 444,239 781JJ60 21,302 45,319 85,728 30,912 95,433 27,346 533,773 39,583 1 11,115 34.812 54,815 68.085 ... —8,504 42,349 59,202 Aver, miles of r'd oper. 178 178 94,147 178 Net after taxes, &c. 178 East St Louis Connecting $ reenue Trafflc exp. Tot.exp..incl.oth. 192.118 23,257 74,784 679 517 308 231 expenses Transportation 268,019 28,621 68,269 93,522 12,303 29,497 152,633 17,027 24,357 2,965,791 117,292 147,271 179,386 7,373 502,661 372.518 558.568 30.872 1,313,305 459,946 525,883 25,938 10,965 24,784 1,074 1.388.949 73.002 76,452 2.485.450 112.834 103.891 365.620 320.176 4,458 4,596 47,084 4,279 87,879 118,350 480.340 116,426 38,783 143,407 12,772 327 174 18 1 18 3 84 91,828 61,917 187,537 128,768 136,6J9 WL 107,096 291,645 233,782 —23,626 —41,663 615 12,741 494,105 86,008 1,492,842 363,739 -157 42.802 85.119 130.631 495,105 88,646 1,421,323 374,477 -18,288 18,029 38,482 139,121 764 764 764 764 62 62 62 62 Detroit Grand Haven & Milwaukee Gloversville Month Jan. 1 to March 31 March 1919. $ 3 . Freight revenue Tot., Incl. other rev. Expenses—Maint.way Maint. of equipm't- 3,992,819 865,340* 2,381,298' 124,791 ' 1,611,520 -Month of 1920. 1920. $ • 990,131' 463,500 36,917 92,999 3,394 221,378 Fonda Johnstown & Jan. 1 to Feb. 291919. $ $ -Month of February 1920. 1919. 352,714 111,919 428,865 Transportation exp. 10,506 325,709 80,778 494,212 7,664 439,399 10,186 „ 1,494,920 7,116 253,740 revenue. 5 687,389 1,945,803 50,847 102,533 Taxes (less war taxes). 1919. $ $ 468,073 1,315,133 132,527 162,169 Net from railroad 89,533 Chicago Detroit & Canada Gr. Trunk Jet. Month of March Jan. 1 to March 31— 1920. 1919. 1920. 1919. Coast 1920. 1919. 584,968 67,663 114,507 7,690 284,570 expenses— 47 of March—- —Jan.. 1 to March 31- $ 203,597 18,297 38,672 1,748 90,132 Expenses—Maint.way Maint. of equipm't- 159,198 March 5 1920. $ 441,295 200,184 23,160 42,470 2,939 100,839 Tot., Incl. other rev. 55.678 Florida East Jan. 1 to March 311920. 166,505 30,496 Passenger revenue Winnipeg & Pacific $ System -Jan. 1 to March 31- 1919. 1,167,673 1919. Trunk 642,510 82,594 321,530 of March Month of 1920. 105,654 $ Grand Atlantic & St Lawrence RR Jan. l to March 31— 284,846 35,537 313.766 ■Month —49 569 348 1919. 83,698 1920. 269 405 26,052 Tot exp.,Incl.oth. EARNINGS. "^>517723 405 York New & 12,460 15,245 677,624 Duluth —51,643 155,253 231,514 615 —50,495 -113,073 1920. 671,098 614 —218,299 35,805 182,432 586,857 240,223 184,118 Aver, u.iles of r'd oper. 109 -7,066 43,578 236.775 219,473 185,005 242,516 15,019 686 —42,893 1919. $ 184,690 expenses Jersey 88 172,554 6,564 1920. $ exp. Eimenses—Maint.way Maint. of equipm't. -540,454 2)69 ■Month of March 1919. 1920. $ 3 1919. 1920. 1919. 38 —37,168 12,600 727 265 111,676' 269 269 1,031,085 Passenger 1.360.868 2,426,187 rev. EARNINGS. 253,552 76,176 53,032 6,116 140,006 77,118 74,166 Net after rents 335,114 183,985 71,822 10,217 248,291 27,678 322,106 54,926 62,956 6,193 Uncollectible 4,586 74,963 98,083 29,103 17,383 2,292 46,207 730.875 272,646 56,536 50,129 5,038 Traffic 125,590 54,612 20,582 197,039 40,909 31,276 956,953 166,509 199,272 18,382 567,124 Freight 56.990 695,563 175,089 _ 182,831 64,832 -586,727 29,926 S N et af ter rents. 224,127 20,219 1,184.845' Freight revenue Passenger revenue Net after taxes, &c. 73,627 1,494,837 1920. Net from railroad 94,546 22,301 —973.188' -Month Taxes (less war taxes). Uncollectible revenue. $ $ 330,602 Duluth South Shore & Atlantic Transportation 1920. -117,984 10,011 EARNINGS. Traffle 31 1919. -Jan. 11j March 489,189 Aver, miles of r'd oper. Tot., Incl. other 1919. 61,608 292,000 44,030 revenue. Net after taxes. &c. 1920. 1919. 1920. Month of March1919. S 1920. 754,945 146,560 49,470 - 1 Georgia & Florida (Concluded) System Chicago & Erie March Jan. 1 to March 31 409,106 118,757, 130,830 63,180 117,364 2,165 138,721 ■Month of •—281,719 13.747 Tot.exp.,incl.oth. Net from railroad Taxes (less 1919. S 1920. $ Freight revenue Passenger revenue Erie Northern & —Janl 1 to March 31- of March 1920. Tot.. Incl. other 7 RAILWAY EARNINGS MAT, 1920.] 1920. 1919. 1920. $ 3 8 Jan. 1 to March 31 of March 1919. 1919. 1920. $ 681,912 577,479 $ 215,441 20S1,912 47,520 41.340 126.109 103.646 982,150 137,899 272,397 13,727 778,163 160,457 163,390 6,872 503.524 41,903 60,974 20,729 63,321 103,252 194,353 66,285 184,114 107,583 16,678 9,631 87,494 9,396 8.894 261,377 28,154 26,852 1,491 114,351 300.855 37,311 75,036 4,240 231,030 274.080 441 619 40,271 40,695 312,858 43,060 29.298 1,298 119,204 175.094 699.032 71,982 64,216 208,404 185,014 357.932 271,703 1,155.200 797,057 104,453 14,875 76,362 14,700 —57,077 3,088 2,376 —18,894 12,263 31,042 55,310 2,439 2,000 —14.574 2,000 4,000 4,000 5,075 23.277 4,900 30 804 —173,049 10,670 320 Ac. 13,944 —15,574 —27,626 —45.663 30,526 18,377 89,578 101,662 —60.196 —1,743 —184.041 —32.104 —29,59V "—63,425 —69,206 15,600 81.060 52.857 3 88 88 88 88 -111,510 195 -82,374 3 3 23,982 Aver, miles of r'd oper. —316,309 195 —19,247 196 Net from railroad Taxes (less war taxes). Uncollectible revenue. Net after taxes, Net after rents Elgin Joliet & Eastern. Month of EARNINGS. 1919. 1920. 1919. $ S $ $ 1.575,689 1,712,925 Freight revenue 4,718.812 2 1,979,241 1,838.780 Expenses—Maint.way Maint. of equipm't- 166,643 429,138 7,336 exp. 164,567 493,393 6,595 773,592 Tot.exp.,incl.oth. 1.471,532 506,709 51,600 505,489 1,417,154 53,250 155,281 Traffic ... expenses... Transportation Net from railroad Taxes (less war taxes). 4,744,696 18 12 2 Tot., incl. other rev. Passenger revenue Month of 5.637.991 699,365 5,558,212 423,758 1,331,836 18,673 2,272,028 18,659 2,103,720 1,333,290 4,141,058 3,998,253 450,741 1.327.992 1,639,73b 159,750 — Aver, miles of r'd oper. 1,188,027 204.704 844,267 170.449, 146,298 39,777 40,059 4,085 122,243 23,918 29,204 3,758 454,658 110,762 112,039 12,230 202,493 347,702 64,111 1,466 656 1,073,047 98,213 335,145 14,444 461,301' 313.974 2,662,953 656,318 130,515 207,200 Transportation exp. 293,427 To t. exp. ,in cl. o th. 808,252 672,594 railroad Taxes (let s war taxes). Uncollectible revenue- 194.849 100,414 364,200 48,363 1,134,621 Net after taxes, &c. 94.427 25,777 1,027 equipm't- expenses... Net from 1,036,794' 3,628,290' Aver, miles of r'd oper. i ,055,876 500,416 ^721,488 71,075 221 683 Tot.exp.,incl.oth. 7749.374 ' 08,908 3.736.183 I 151.102 7.664.411 6.860,781 48,907 773,821 251,945 1,826,837 2,088,726 1.051 356 5.313 1.487 -726.164 298.867 —267.201 1.11*.936 -393,782 8.175 256,054 8,252 295,412 8,176 1.038,680 8.254 19,938 120.720 48.642 249.081 1,160,350 187,626 19,358 8,358 25,283 43,822! 221,244 38,900 34,200 127 .38 315.836 913.249 972,684 306,634 1,027 849,043 1,027 959,886 9,615 1,027 13 March Green 1919. 1919. $ 167,096 31,428 1,565,305 93,45? """90,48$ mw 9,596 28,753 31,771 863,950 173,336 250,285 17,553 711,810 20,125 20,244 1,191 37.089 209, 20,120 55,690 2,266 99,287 1,459,990 1.204.307 80,708 181,917 172,181 85,531" ' ' i45.995 108,496 $60,998 9,854 9,779i" 27,198 ■"39,558 5,950 17,850 18,850 5,379 4,198 11,533 8,396 5 5 21,158 1,056,800 394,486 370,627 147,984 396,338 130,460 478,667 410,569 —930,084—1,981,223 1,989 1,989 Western Jan. 1 to Feb. 29— 1920. $ 156,552 37,426 7.127,749' 24.411.682 20.918.580 —959.282- -1.463.094—1.897,166 $ 8 1,251,438 68,745 15.068 556,564 6i,068 86.633 5,590 241,041 703,722 4.380 Bay & 1919. $ 2,371,862 69,408 18,088 109,661 13,127 283,760 'def710.13f df1,189,063 1920. 1919. 1920. $ 23,291.033 20,124,323 —Month of February Jan. 1 toMarch31 Month of March 1919. 1920. $ S 6.439,133 23,701,545 19,729,516 890,161 2,561,606 2,221,138 8,108,413 6,825,987 62,045 200,094 175.085 3,768,954 12,742,453 10,967,969 732,905 20.051 - Georgia Jan. 1 to March 31 1920. 574 11,400 14,500 System 628.316—1,046,768 1.989 1,989 987 78.512 7,411,951 25,117,871 22,496,186 1.322,174 4,421,070 3,584,772 1,720,474 5,797,194 5.091.951 65,350 174,951 156,036 3,511 086 12.005.853 10.569.051 82.951 751,042 def688,615 253,738 269,475 6,199 1.192 491.104 7,713,118 1,525,997 2,009,003 42,199 363 1920. 1919. $ $ 5,308,201 15,813,091 16,572,153 1,421.562 4,278.825 3.961.916 1919. $ 194,925 42,784 2,605 867,621 2,158.223 1,456,553 $ 1,968,520 274,364 74,398 5,416 887 938 350 —Jan. 1 to March 31— Month of March """* 1920. 5,277,896 1,547.954 57,001 19,085 ' Great Northern Galveston Wharf Jan. 1 to March 311920. 1919. S $ S 503,982 4,753,382 17,890,666 15.080,386 1,017,651 2,941.367 2,826,453 ,667,934 Transportation exp. miles of r'd oper. 173,716 354 961.200 1919. 1920. Aver, -274,558 350 2.493,669 723,387 662,490 33.925 9,918 ■Month of EARNINGS. Net after taxes, &c_ -209,580 350 -Month of March 1920. 1919. 2,473.099 Erie Net after rents 180,577 30,326 253 102,310 20,600 3,020 Erie railroad Taxes (less war taxes). Unc llectible revenue. 516.137 3,128,870 380,299 598,182 28,470 5 Net after rents Net from 357.053 253 185,224 239,835 11,714 332,517 Maint. of equipm't. Traffic expenses... 263.342 —34,041 Expenses—Maint.way Tot., Incl. oiher rev. 708 366,496 253 191,453 Expenses—Maint.way 154 11,285 1,003,102 Freight revenue Passenger revenue 131,359 253 808,008 180,338 628,974 112,128 488.258 415 -14,391 $ 2.336.529 37,367 828 $ 1.255.717 3.391.570 301.126 1,379,630 31— 1.786.279 771.921 35 832 1919. 560.081 049.040 417,616 51,083 661,834 1920. S 468.020 30 829 -Jan. 1 to March 557.820 3,879,829 '2,964,504 346,190 303,002 614,008 1,120,982 24,311 46,690 96.443 197,556 8,689 441,078 33,728 15,000 411.281 Southwestern 1919. 2,309,089 528 16,64$ 832 Paso & 1920. 2,923,691 15,000 * 168,889 other rev Maint. of 13,003 5,000 -8,519 5,000 1 Jan. 1 to March 31- " -13,761 revenue— Traffic 109,239' 1,479,988 758.859 Freight revenue Tot., incl. 45.721 62,959 154,818 84,040 10,765 135,831 946 Trunk Western of March 1919. 249,796 73,599 1,260,871 El 1920. 337,944 87,784 452,239 ■Month of March 1919. $ $ —Month to March 31- 455,109 1920. EARNINGS. ^1 89,826 23,585 242 Net after taxes, &c. Passenger 1919. $ 107,947 27,917 Uncollectible revenue. Net after rents Jan March 1920. $ 196 Grand Smith & Western Fort Jan. 1 to March 31 March 1920. 3,315 564,189 54,761 5,950 3 1,568,486 181,681 331,936 ' 959,493 492,916 822 41.791 83,602 1 """"""" 140,041 90,640 342,142 4,474 5,581 15,661 "69.636' 149^414 72,896' 375,943 5,655 3,502 14,33$ 328 328 328 328 252 252 252 79,581 ' 35,790 46,306 2,333 83,539 252 [VOL. 110. RAILWAY EARNINGS Angeles & Salt Lake Los Gulf & ■Month of March EARNINGS. revenue— 46.543 $ 138.354 42,362 Tot., incl. other rev. 226,*96 55,319 58,710 4,108 195.246 59,050 45,836 4,19b Freight revenue.. Passenger 1919. $ 1920. $ 478,553 852,890 1,055,814 3,249,836 131.973 119.814 223,742 175,654 684.809 552,424 539,211 166,812 119,873 10,528 1,351,856 208,077 1,112,776 4,389,234 581,997 1,055,316 81,079 3,510,732 Transportation exp. 86.446 76.694 229.565 572,517 1,721,705 1.479.765 Tot.exp.,incl.oth. 217,975 194,359 684,307 553,176 1,192,125 1.060.643 3.580.870 3.152.634 8,920 8,965 887 7,693 34,945 -13.965 159,731 70,900 52,133 61,250 808,363 180.041 358,097 211,529 expenses—. railroad Taxes (less war taxes). Net from Uncollectible revenue. 11,354 11,262 307 Aver, miles of r'd oper. —5.291 -41,392 307 307 307 Mobile Gulf Month EARNINGS. —9,411 & 1919. $ $ 483 627 1-267 1.759 —9.743 627.054 144.808 73,546 -21,407 543,469 97,371 774 774 774 774, -Month $ $ $ 289,466 65,908 240.004 48,796 1,697 54,710 415,433 56,400 55,367 2,826 103,052 315,478 61,616 63,711 2,640 127,292 87,302 95,968 229,935 260,992 19,550 15,359 10.426 54,485 237,202 144,764 627,760 422,149 70,349 80,204 51,910 '*1,583 156,929 118.351 22,789 17,220 Tot., incl. other rev. 198,480 Transportation exp. 118,454 99,511 377.677 282.482 106,852 •14,497 21,718 1,306 44,054 106,394 39,368 61,162 5,045 886,414 257,311 204,134 28,546 573,642 Maint. of equipm'tTraffic expenses... 303,064 69,746 68,102 9,615 Tot.exp.,incl.oth. 1282,992 214,950 904.576 615.953 Expenses—Maint.way 119,795 169,396 15,020 22,669 18,006 Net from railroad 20,071 -16,470 13,744 10,546 -18,162 38,467 —42,311 taxes). Uncollectible revenue. 6,458 185,497 46,916 32 439 47 16 13 6,327 -27,048 -57,069 -73.369 4,190 3,968 138,564 35,097 10,048 -28,130 -61,380 —67,583 6,977 4,512 424 469 424 87 81 138,808 87 42,301 470 Taxes (less war Net after taxes Net after rente Aver, miles of r'd oper. 31,010 Kansas Hocking Valley ' 1920. $ 965,015 Freight revenue. .—. Passenger revenue 1919. % 379.903 86,120 '^^ad Taxes (less war taxes). $ 950.125 575,252 2,819,548 1.921.025 166,955 —75,062 57,066 "493,171 -470,015 171,200 -»flcl.oth. Net from * 234.280 420.958 68,457 224,876 Net after taxes, &c. Net after rents. ~ 371,756 57,923 99,810 309,301 36,007 82,601 63", 541 47",767 224,597 167,276 108,520 90,972 396,419 293,669 18,520 27,350 13,58c 20,150 -24.663 88,970 15,632 60,450 Freight revenue -113,633 —44,822 268,294 —645.379 60! ,386 -529,627 244,748 185,887 523,358 541,661 35 35 27 27 27 25 Lake Terminal Central —Jan. 1 to March 31— 1920. 1919. jg ■vV1'-' • jjjj 5,830,578 24,481,444 17,341,455 1,922,328 6,064,579 5.734,730 1919. 8,256,807 2,022,057 — 6,566 -134,584 March -Month 1919. 1920. 1919. "160 830 "480 101,381 7,860 97,891 10,826 34,616 288,613 34,800 71,014 285,567 16,871 77,072 73,70i 54",575 209"392 164,707 28,399,968 23,091,464 109,446 100,074 315,305 258,739 1,665,567 -8,064 6,047 -2,182 5,242 -26,692 17,582 27,128 14,924 Tot.exp.,incl.oth. 9,355,897 7,628,322 railroad.... Taxes (less war taxes). Uncollectible revenue. 1,706,344 6,011,966 1,619,235 129 699,535 403,500 3,719 7,989 5,371 Net after taxes, &c_ 1,098,629 292,316 4,384,741 425,193 -14,112 -7,424 -44.274 12,204 1,699,988 4,799 296,176 4,787 6,566,128 4,799 413 698 -13,273 -16,343 -58,139 -14,323 4,787 12 11 12 11 Net from 607,585 Net after rents. Aver, miles of r'd oper. & International 1919. 8 1920. $ $ $ Northern —Jan. 1 to March 31— Month of March1919. 1920. EARNINGS. Great 1,235,003 27,855 Lehigh 722,327 3,052.297 2,240.850 145,695 Passenger 220.726 235,821 757,757 719.622 3,339 1919. $ 1920. S 172,051 3,915 ^184,451 22,926 59,233 1,573 87,504 453,466 544,968 10,823 11,753 Transportation exp. 762.451 595.859 2.099.087 1.673.552 158,548 24,139 44,278 1,580 101,517 304,662 578,219 62,769 162,967 4,799 277,674 Tot.exp.,incl.oth. 1.544.912 1.317.571 .4419.232 3.560.360 180,522 176,477 540,190 525,025 283,216 32,500 284,383 30,000 -112,440 97,502 -392,029 90,000 -21,973 9,026 7,974 4,500 —45,543 26,151 53,184 15,000 3 28 3 3.471 —71,722 38,180 -121,310 7,464 96 96 1,261,695 342,904 368,829 fixpenses—Maint.wa Maint. of equipm'tTraffic expenses— siet from railroad ['axes (less war taxes). ', 17,642 1,033,187 299,506 361,783 12,438 4,306,792 1,009,334 1,110,966 48,622 3,168,330 827,685 896,204 37,810 revenue. 269 836 432 Net after taxes, Ac¬ -315.985 —314.385 —210.779 —482.462 —31,000 —477,125 1,159 -336,414 1,159 —445,725 1,159 -527,905 1,159 —47,740 Jncollectible s'et afterrents— Iver. miles of r'd oper. 1 Kansas City Mexico & Orient RR Month of March— EARNINGS. Passenger revenue Tot., incl. other rev. Jan. 1 to March 31— 1919. 1920. Freight revenue 1919. 1920. 88.030 75,339 13,564 13,684 108,673 41,269 34,759 1,965 92,947 311,970 51,495 176,137 401,102 142,266 148,331 11,168 223,535 226,418 102,969 127,413 3,706 38,881 96 —6,84^ Lehigh 494,647 71,337 137,805 4,835 Jan. 1 to March31- 1920. 167,008 1,878 946,555 7,314 584,839 181,601 42,648 56,845 1,869 651,551 122,369 173,004 6,658 624,297 Transportation exp. 56,149 42,848 40,170 2,083 53,838 166.334 87,801 Tot.exp.,incl.oth. 144,305 145,798 552,848 421.705 270,748 198,011' 788,068 -35,631 -151,745 23,115 -195,287 18,781 129,052 7,700 -52,850 6,250 14,803 -16,410 8,610 48 19 —43.331 -59.100 —174,909 —214.088 114,249 —25,070 Net from railroad Taxes (less war Uncollectible taxes). - revenue. Net after taxes, fcc. Net after rents ... Aver, miles of r'd oper. —44,199 272 Kans 207,869' 294,590 1,168 1919. < 33,560 856.251 153,663 386,454 107,848 1,072,207 153,184 515.860 129,166 116,218 10,281 246,407 139,514 12,350 351,579 188,403 678,279 521.046 —18,364 11,754 393,928 44.509 —5,185 34,049 64 27 104,822 —30.119 349,354 —39,262 86,181 —34,790 321,553 —53,420 302 302 302 302 & Nav Co Jan . 1 to March 31— 1920. 1919. 1918. . Qi <£ 708,287 111,898 268,840 4v,505 252,402 811,880 33.611 118.460 329,225 87,658 58,452 4,222 154,030 297,842 77,311 58,422 3,929 167.801 980,143 246,740 172,961 12,393 411,937 316,185 315,556 875.260 916,022 13,039 —17,713 14,000 104,883 42,000 —60.156 14,000 48 80 —960 —31,774 62,834 —102.237 —27,143 —39,551 348 —1,763 —137,022 343 348 61 343 o55.866 207,637 166,906 11,793 506,695 42.000 —25,682 205,793 9,401 229 229 229 229 $ 1920. $ Jan. 1 to March 311920. 1019. March 1919. 9,275,447 1,345,347 2,637,410 150,050 4,064,325 8.794,551 29,656,678 25,005,561 1,393,715 4,751,444 4,108,138 2,105,419 7,764,473 6,271.140 109,637 565,288 309,835 3,555,209 12,708,663 10,511,444 8.463,916 7,384,048 811,530 336,964 1,410,502 246,773 3,094,672 975,813 1,529 756 2,426 2,766 473,037 1,162,973 2,116,432 2,400,333 752,840 5,040 1,126,887 5,013 2,512,508 5,040 2,282,364 5,013 J26.562,006 21,848,186 3,157.375 754,276 — St Louis Jan. 1 to March 31— 1920. 1919. -Month of March1920. 1919. 494,095 159,581 58,732 495,908 163,371 169,909 249,263 42,520 26,482 3,765 74,818 '227,727 46,918 29,595 7,009 90,079 747,330 126,393 93,248 13,388 267,844 6o6,183 148,676 88,524 21,987 155,716 180,527 525,592 552,438 93,546 7,214 47,200 4,000 221,738 Cr5,931 133,744 12,000 11 11 256 86,331 43,188 227,658 121,487 86,124 33,902 198,501 89,149 199 199 199 199 167,514 48,604 [ V •4- 270,889 Central —Jan. 1 to March 31— —Month of March 1920. 1919. 1919. 1920. 880,998 874,457 366.183 2,539,394 957,163 2.774,238 1,000,047 1,340,452 313,964 365,650 10,364 882,928 1,338,677 3,969,179 916,506 1,133,760 30,394 2,572,857 4,026,800 591,322 1,019.542 30,756 2,596,879 1,618.097 1,464.351 4,777,379 4,355,523 —277,644 95,741 —125,674 75,623 —808,200 261,224 —328,723 226,869 5 1,216 202,955 332,430 11,303 879.681 ,145 15 -201.302 —1,069,570 —555,608 -222,877- -1,104,443 1,216 1,216 -596,996 1,216 Midland Valley Jan. 1 to March 31 1919. $ Nashville 6,272,993 20,656,511 17,473,844 2,105,483 5,732,340 6,228,151 Lehigh Valley Month of March 1920. & 1,887,974 —395,665' 137,745 1919. $ 1.168 Arkansas 122,958 18,078 —373,386 272 1920. $ 747,778 255,390 1.424 -172,26b -Janl 1 to March 31— 170,038 46,825 45,657 2,675 87,564 49,523 272 - 378,348 70,134 49,741 4,431 158.346 -178,360 1919. 467 1.123,220 1920. 128,074 27,254 25,830 272 of March-— 943,296 195,051 796 —Jan. 1 to March 31— 308,872 52,377 4,980 —49,837 City Mex & Or Ry of Texas Month 1920. EARNINGS' 1919. 384,672 2,668 995,937 105,810 243,495 25,084 379,795 Maint. of equipm't. Traffic expenses 1,168 Maine New England & -Month of March1920. 1919. 399,800 40,867 73,449 12,034 129,104 Expenses—Maint.way |, Jon. 1 to March31— $ 955,843 Tot., Incl. other rev 3,093.679 1,359,176 635,159 Louisville Henderson & & Hudson River Month of March 1919. 1920. freight revenue. revenue... 1,168 6,484,167 280 92,132 4,482,431 11,062,241 1,680,328 2.749,828 246.277 -Month of 1920. Jan. 1 to March 31- of March 1920. Transportation exp. Maint. of equipm't.. Traffic expenses— 509,402 Louisville : 8,327,854 34,411,934 24,757,031 1,558,063 5,164,351 4,538.651 2,295,009 8,267,559 6,845,991 78,422 306,795 207,513 3,443,906 13,709.295 10,743,600 Tot., incl. Expenses—Maint.way 3,295,649 5 -132.129 1920. ' 852,853 47,341 1,346,289 Q> 35 ' 313,617 67,235 -i 105 Month of March 98.498 —Month of EARNINGS. 1,117.457 588,984 72,292 V-; 288 1919. 261,632 Illinois otbelr rev. 715.419 1,051.218 1,523,869 Louisiana Railway -8,829 of r'd oper. Passenger revenue 813,809 17,085 104,555 14,501 26,111 4,636,976 664,655 301,482 17,745 467,001 57 Jan. 1 to March 311920. 1919. $ I 127,040 17,353 23.658 4,654,826 586.476 841,588 53,526 81 4.164 Uncollectible revenue- Aver, miles 19,374 1.104,279 257.059 tion exp. * % 8 1,451,010 313,463 Maine, of equipm't. Traffic t*j)«ises— Tot 1919. 286,131 89,209 226,483 5,516 Transp 1920. 2,840,889 500.190 1,117,081 128,693 366,184 5,823 Expenses—Maint.way 1919. 3,312,719 322,309 1,060,216 38,076 1,312.768 102,502 ... Tot., incl. other rev. 1920. 1,431,075 271,750 123.406 City Terminal -Month of March Jan. 1 to March 31 Month of March EARNINGS. 1,640,202 186,474 261,285 17,413 504,884 -Month of March 1920. 1919. $ Freight revenue Passenger revenue— 2,850,258 1919. 1920. 1919. S 2,890,709 Louisiana & Jan. 1 to March'il of March 1920. 1,005,692 ' Tezarkana & Fort Smith Northern -Jan. 1 to March311919. 1920. of March 1920. 653,931 847,525 51,441 88.347 33 -27.353 ^55 Net after rents 28,486 101 19 11 Net after taxes, &c_ 330,295 26,369 1,121,870 2,695,547 209,858 322,580 19,686 469,585 Traffic ■ $ $ 692,000 184,155 169,857 16,295 2x0,787 Expenses—Maint.way Maint. of equipm't.. 1919. 8 1920. 1919. 1919. 1920. 1919. Jan. 1 to March 31 ■Month of March 1918. City Southern ■Month of March Jan. 1 to March 31 1920. 370,206 City Southern System Kansas Jan.^1 to March 31— 1919. 1920. S 164,155 Kansas Ship Island —Jan> 1 10,869,364 -Month of January— 31 1918. to Dec. 1919. 1919 $ 2.782,289 1920. S 2,642,574 1919. $ 249,784 213,641 76,961 100,686 18,926 78,361 11,349 335,297 67,991 190,313 32,998 4,711,746 500,980 3.384,318 12,650.633 1,189.377 1,023,001 126,816 237,722 97,341 132,508 3,662 186,334 2,911,170 4,279,673 15,605,287 13,443,799 643,506 2,193,440 1,686,065 1,328,475 4,892,591 4,126,274 42,355 130,900 106,083 2,095,046 8,094,180 6,879,120 3,952,821 920,897 741,161 41,904 1,539.306 3,504,779' exp. 455,984 144,712 161,000 9,561 227,068 5,613,532 634,544 33,300 1,962 68,427 94,933 34,574 40,785 1,711 52,964 Tot.exp.,incl.oth. 170.726 138.042 574.023 440,904 5.179.636 4,2i9.733 16,680.835 13.149.086 3,413,645 2.622,291 —13,909 6,250 —43,109 5,000 -118,03$ -203,181 433,896 176,000 294,712 440,175 882,488 84,777 797,469' 52,067' 27,409 750,888 46,724 ' 387 388 19,386 387 Freight revenue Passenger revenue Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. Traffic expenses Transportation Net from railroad Taxes (less war taxes). Uncollectible revenue. Net after taxes, &c_ Net afterrents Aver, miles of r'd oper. 57,123 1,449,673 52,407 416,380 1,446,251 2 2 327 2 64 868 140 539,175 86,969 2,156 -50,161 —48,112 —137.285 —218,169 257.831 -86,814—1,604,416 —145,602 450,058 —50,161 465 -51,036 -137,317 -221,880 465 465 465 251.392 1,435 -118,298—1,369,025 1,442 1,435 -146,366 1.436 388 18,919 14,985 59,939- -1,075.548 146,725 528,000 29 197,294 725.267 567,708 594,383 25,828 1,298.175 ' 241 385,987 75,076 67,189 3,747 166,937 " 304,452 59,989 64,519 1,437 132,558 326,551 ' 270,329 59,43$ ' 6.712 7,183 185 Mat, 1920.) RAILWAY EARNINGS Mineral Range ~Month of March 1920. 1919. EARNINGS. Freight revenue Passenger revenue Tot., incl. other rev. Expenses—Maint.way Maint. of equipm'tTraffic expenses Transportation Missouri Oklahoma & Gulf Jan. 1 lo March 31- 1920. -Month of March 1920. 1919. 1919. 71.269 140,743 330 379 814 45,498 10.112 16,970 73,720 7,958 18,419 146,884 41,949 255 313 28,660 43,446 57,097 71,07c Net from railroad Taxes (less war taxes). —11,599 3,600 2,640 3,300 Net after taxes, &c_ 1919. 404,150 -15.199 —653 Net after rents Aver, miles of r'd oper. -14,121 621 101 101 Minneapolis -Month of March 1920. 1919. 64,607 229,027 52,401 251,296 28,592 66,270 193,908 34,204 39,930 2,234 570,786 144,589 195,274 5,757 323,371 297,544 137,853 129,044 4,726 195,161 552,888 71,619 131,358 8,423 231,566 283_j,225 716,739 7&6.038 169,266 697,161 487,210 457,277 501,039 1,509.190 1,460,548 -51,131 10,800 16,323 9,900 18,283 9,100 -64,336 8,500 -126,375 36,665 -189,666 25,506 95,611 43,119 2 20,339 28,357 13 163 417 427,716 112,022 17,882 85,071 30 419 88 6,423 9,181 -72,850 —163,205 —215,590 52,491 -8,047 315,274 —67,246 —43,204 11,504 -188,176 -215,792 51,375 58,932 101 9,614 329 -72,498 101 332 329 332 225,618 —4,139 203 203 203 203 & St Louis Missouri Pacific —Jan. 1 to March 311920. 1919. Month of March 1920. 1919. $ 1920. 1919. 1,011,632 177,588 259,279 6,763 exp. 1,204,628 135,638 334,651 16,844 613,801 515,904 3,855,959 382,104 997,343 43,768 1,953,260 Tot .exp. ,incl .oih. 1,140,209 984,585 Net from railroad Taxes (less war taxes). 64,418 56,711 revenue- Net after taxes, &c_ Net after rents Aver, miles of r'd oper $ Jan. 1 to March 31 1920. 1919. $ $ 134,065 42,554 383.260 1,570,300 172,419 42,685 472,162 1,253.283 14,490,297 4,447.557 4,721,405 120,322 116,651 2,803,200 554,950 771,723 30,475 1,617,794 8,008,850 1,750,853 1,914,004 129,097 3,476,347 6,737,363 27,947,009 20,602,727 4,863,901 1,459,389 4,426,953 1,756,726 5,899,571 5,153,516 61,683 318,916 214,217 3,049,528 11,447,122 9,503,763 224,877 39,440 42,207 3,410 86,920 183,607 42,318 40,995 3,175 84.095 619,940 124,679 148,648 9,282 249,062 527,157 114,577 114,266, 6,896 227.261 3,474,735 3,056,444 7,577,480 6,555,189 23,355,246 19,981,762 182,526 180,063 559,589 486,940 27,047 46,763 381,224 169,211 —253,243 431,370 476,139 980,581 367 3,544 9,100 308 890 620,965 ' 799,179 | 42,351 12,031 106 60,351 34,031 618 182,174 258,286 2,361 4,591,761 157,572 40,216 32,229 5.862 6,646 165 37 298 7,600 -20,084 211.704 —411,706 —45,387 -78,473 3,605,319 —184.859 30,319 5,720 26,281 7,688 28,996 1,646 -20,614 1,646 254,027 —416,801 1,646 -1245155 -140,329 7,108 2,043,297 7,299 -370,396 7.108 39,752 -9,572 284 44,039 —649 284 Minn St Paul $ 1,646 & Sault Month of March 1920. 1919. EARNINGS. New Orleans Great Northern Month of March 1920. 1919. Jan. 1 to March 31- 643,285 Uncollectible _ -61,931 673,510 expenses 1,478,437 187,241 403,579 22,167 90.510 229,036 Transportation 1,936,906 299,848 401,631 35,091 175,624 968 243,901 Traffic 521,379 57.844 126,829 8,036 136,140 4,701,370 19,865,087 rev. 329,444 234.972 6,060,373 Maint. of equipm't. 984,935 286,726 93,815 2,031,722 Tot., incl. other 1,405,872 198,015 2,803,713 Expenses—Maint.way 340,236 126,947 104,929 55,199 48,234 1,708 57,470 58,361 731,897 reenue $ $ 474,114 101,642 1919. 1920. 82,184 17,398 $ 897,443 revenue Passenger Jan. 1 to March 31— $ 163,236 21,786 revenue. EARNINGS. Month of March 1920. 1919. 1920. 244,012 1,492 888 exp_ Freight New Orleans & North Eastern Jan. 1 to March 31- $ 42.983 Tot.exp.,incl.oth. Uncollectible 9 Ste Marie -Jan. 1 to March 311920. 1919. $ , 284 284 N Orleans Texas & Mexico Monongahela Connecting -Month of March $ « 7,299 1919. 1920. 1919. $ $ $ $ System New Orleans Texas & Mexico Jan. 1 to March 31 — 1920, Month of March 1920. 1919. ■Jan. 1 to March 31- 1920. 1919. Freight revenue Passenger revenue 1,571,725 2,253,219 6.412,629 6,827,169 152,744 118,698 622,578 592,228 1,778,618 1,674,253 394,161 41,576 34,062 118,894 89,092 Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. 2,433,309 482,409 702,424 39,234 1,483,630 3,033,582 401,954 766,384 23,696 1,545,732 9,406,765 1,453,866 2,182,249 89,910 4,971,631 8,999,582 117,156 82.535 561,782 90,353 202,819 1,540 313,026 199,745 47,845 24,864 2,791 62,476 164,266 1,136,950 2,180,807 67,225 4,242,537 730,125 71,747 107,451 1,674 329,127 36,735 42,738 2,792 38,489 556,484 151,526 104,078 10,834 189,687 407,182 95,387 112,929 6,513 147,393 2,816,345 2,826,022 9,001,540 7.871.143 197.000 175,827 528.262 628.804 145,994 128,140 478,200 385,416 -383,036 253,872 207,560 187,693 405,224 828,791 1,128,439 563,080 66,135 -2,500 2,539 201,863 8,620 —67,022 7,010 53,751 12,166 36,126 10,000 78,284 3,016 revenue- 34,166 1 404 176 419 21,766 30,000 Net after taxes, &c_ —636,909 19,462 —423,743 564,940 63,118 -5.039 193,243 -74,033 41,581 -703,803 4,243 —59,480 4,243 -567,433 4,243 310,210 4,243 65,338 -8,780 198,772 72 72 72 -99,122 72 Traffic expenses Transportation exp Tot.exp.,incl.oth. Net from railroad Taxes (less war taxes). Uncollectible Net after rents Aver, miles of r'd oper. 263,135 27,262 45,430 173,327 23,412 62,208 584 510 Montour Mississippi Central Month of March 1919. 1920. $ S EARNINGS. -Month —Jan. 1 to March 311920. 1919. $ $ Freight revenue Passenger revenue 67,685 Tot., incl. other rev Expenss—Maint.way. Maint. of equipm't 91,070 21,925 23,961 1,970 35,973 96,195 89,081 -5,125 3,399 2,631 3,325 161 7 Traffic expenses. Transportation 19,269 _ exp Tot.exp.,incl.oth. Net from railroad Taxes (less war taxes). Uncollectible 191 —Month of March 1920. 1919. 174,590 97,575 189,752 91,713 17,440 31,663 1,448 225,841 103,921 99,949 5,735 234,320 55,765 202,432 54,584 117,129 3,255 33,038 152,626 4,052 —Jan. 1 to March 311920. 1919. 45,425 21,983 362,784 87,433 230,580 476,043 49,871 71,721 22,008 19,955 1,297 52,341 5,434 153,511 307,066 70.256 56,284 5,512 152,298 30,066 62,274 91,182 99,750 20,673 39,351 4,095 97,552 747 64,695 20,162 28,386 1,052 33,017 23,088 388,135 264,825 103,585 78.910 297,581 302,532 105,082 100,157 347,067 299,763 -162,293 11,216 —30,505 -3,835 2,179 -14,214 2,285 -95,148 7,040 -92,246 6,886 69,508 2,850 -28,435 2,700 128,976 7,550 7,302 8,100 22 6 39 31 9,975 32,991 15,109 1,870 112,695 61-135 —6,014 -16,500 —102,188 —99,132 66,635 -31.141 121,386 -828 6,710 2,692 -142,532 -31,742 23,713 —40,395 88,135 -27,389 164 164 56 -10,043 56 56,263 164 11,050 54 15,779 164 118 118 118 118 -Month of March 1919. 1920. $ $ Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. Jan. 1 to Mar ch 311919. $ 1920. $ 130,914 102,521 128,620 64,687 44,987 1,157 56,397 470,388 162,678 97,513 7,999 exp. 159,246 42,027 31,226 2,119 69,908 Tot.exp.,incl.oth. 157,137 175,364 2,108 5,892 —16,744 7,178 revenue. 58 271 Net after taxes. &c_ -3,841 -54,193 -7,420 365 Aver, miles of r'd oper. Month of March 1920. 1919. 970,044 521,013 778,880 330,358 "1,655,988 1,171,805 196,107 256,339 1,533,492 356,582 453,019 32,412 "5,786,994 838,460 1,818,339 160,459 4,416,852 983,255 1,255,465 96,075 402,470 62,580 73,701 3,894 785,743 707,448 2,403,540 2,173,828 617,180 126,956 78,836 7,585 194,950 120,192 424,372 331,542 20,631 555,491 546,422 1,544,158 1,600,611 5,398,429 4,680,630 432,115 275,686 1,394,174 830,808 -183,153 19,661 179,532 42,500 —67,119 50,000 388,502 134,500 -263,778 150,000 185,065 12,300 126,783 10,000 261,814 31,900 340,997 363,268 217,761 127,119 4,507 174,330 1,723,690 231,104 421,419 35,619 529,122 —58,734 18,375 436,297 359 54 52 —203,174 136,977 —177,171 —62,379 -100,317 -231,860 365 365 365 143,573 1,247 —119,550 1,247 1919. $ Month of March 1919. 1920. 253,033 ] 323,324 ' 1,247 1920. $ 129,210 205,416 15,116 366,062 30,000 434 136 1 538 130 —414.212 172,629 116,782 229,376 310,867 —413,511 1,247 119,146 100,730 107,641 260,165 548 548 548 548 New York Central System New York Central RR Jan. 1 to March 31 $ % 969 " ' Northern Nevada —Jan. 1 to MarchSl- 1220. Janl 1 to March 31— 413,995 171,367 33 Month of March 1919. -Month of March 1919. 1920. 2.786,422 1,296,229 -77,143 ' St Louis Brownsville & Mexico 3,849,832 1,202,722 1,001,215 Missouri Kansas & Texas RR 1920. $ —Jan. 1 to March 31 | 1920. 1919. 1919. 1920. 1.248,576 328,919 236,034 59 Nashville Chattanooga & St Louis 43,998 EARNINGS. -6,050 191 139,398 59,027 1,863 236,475 Net after rents 6,646 191 189,381 5,191 92,011 1,503 284,469 Uncollectible 27,416 191 210,285 64,167 138,852 3,970 75,449 152,547 73,501 86,684 34,969 Net from railroad 16,653 —40,487 106,943 Taxes (less war taxes). -8,268 —173.671 Freight revenue Passenger revenue expenses. 1919. 140,320 60,342 Missouri & North Arkansas Transportation 44,030 —693 Aver, miles of r'd oper. Traffic 34 26,126 -8,524 Net after rents EARNINGS. 1920. 60,215 27,630 revenue Net after taxes, &c_ 1919. 86 Beaumont Sour Lake & Western Jan. 1 to March 31- of March 1920. 279,375 1919. -Month of March loon 37$1,458 Jan. 1 to March 31— 1Q1Q i Qon i qi u Freight revenue Passenger revenue 2,080.645 416,728 1,743,631 Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. 2,539,440 603,776 828,527 15,341 677 829 852,998 2,518,488 93,804 3,227,177 473,240 86,490 89,756 2,378 exp. 2,686,641 500,392 706,298 29,227 989,477 2,812,002 41,436 39,019 127.381 127,103 22,831,133 23,430,719 76,752,472 68,765,904 2,393,323 3,023,033 7,661,267 9,285,763 5,912,735 5,511,401 18,377,80J. 15,244.583 214,479 155,900 727,478 583,411 13,185,613 11,298,166 40,164,644 32,111,713 Tot .exp.,incl .oth. 2,350,761 2,384,168 7,639,303 7,112.504 114,543 78,297 319_ 42 261,291 22,802,827 20,997,451 335,880 112,294 155,272 90,355 425,153 271,065 35,298 35,786 18,323 153,377 163,414 54,969 revenue- 363 67 1,517,484 329,967 1,407 Net after taxes, &c_ 223.222 64,849 1,186,109 153,842 29,031 17,463 '8 575 -33,497 1,715 102,481 1,714 1,318,138 1,714 384,354 1,714 25,589 16,074 165 168 118,893 165 Traffic expenses Transportation Net from railroad Taxes (less war taxes). Uncollectible Net after rents Aver, miles of r'd oper. 658,782 6,201,770 1,870,035 5,277,151 9,156,867 1,467,120 7,537,658 1,706,923 2,277,655 59,230 1,890.288 Month of March 1919. 1920. 8 8 Freight revenue Passenger revenue 1,375,838 564,360 Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. 2,107,048 414,656 466,212 -Jan. 1 to March 31 1920. 8 1,080,940 96.256 149,842 35,621 32.510 114,084 14,976 18,922 6,267 9,240 427,509 29,415 24,802 35,003 424,706 49,550 68,046 2,758 1919. 8 2.433,267 108,445 -797,391 101,791 —656,682 6,069 168 -Jan. 1 to March3l1920. 1919. $ $ % 628,839 3,169,015 1,734.115 1,830,846 448,075 334,230 6,927,010 1,509,264 1,504,287 5,312,939 1,102,947 1,059,099 20 019 14 270 78 804 48 404 Transportation exp. 1 103 493 956 147 4 180,304 2,948,023 93,373 59,416 250",529 190",824 Tot .exp.,incl .oth. 2,108,593 1,834,498 7,594,957 5.420,975 145.590 106.189 394,711 —1,544 —667,946 6,238 7,782 38,566 8,198 5,144 23,075 expenses Net from railroad 151,828 14,516 33,303 144,756 17,577 25,632 399,855 39,847 92,014 taxes). 59.583 Uncollectible revenue. 38 844 1,547 -108,036 147,069 1,868 —61,166 —52,324 —848,118 —256,974 -1,544 —110,764—1,895,359 1.796 1,777 —449,611 1,796 -31.686 31,339 —77,159 7 7 7 (less war Net after taxes Net after rents Aver, miles of r'd oper. J7.805 1,739 178,624 8,639,625 3,043,990 1,414,360 3.692,731 5.592,307 1,413,638 6,075 3,948,580 5,321,234 6,075 1,784 ■Month of March 1920. 1919. jjj $ 6,069 3,328 Jan. 1 lo March 31— 1920. 402,144 49,509 81,290 $ 655,758 1919. $ 267,690 20,470 201,266 18,604 57,783 586,723 51,449 297,845 21,833 224,861 772,268 70,182 653,187 124.947 152,101 9,488 291,428 160,364 7,1.64 227,501 83.553 41,004 49,413 2,622 77,154 332,215 161,362 175,172 538.796 535.405 69,929 22,717 136,482 9,615 49,688 8,500 233,472 28,845 117,781 24,500 2 2 68 126,867 41.185 204,624 93,213 132,648 251 34,720 200,376 251 251 75.511 251 48,217 2J191 —3,652 47,827 Taxes 6,576,667 2,872,969 10,966 1,017,123 - $ 70,175,805 60,126,279 Cincinnati Northern Newburgh & South Shore —Month of March 1920 1919. 14,025,567 42,436,641 43,491,610 6,722,043 18,721,095 17,901,874 28,305 820,414 5,282 3,962,618 2,090,535 Traffic 12,569,101 6,828,752 246 Missouri Kans & Texas Ry of Tex EARNINGS. 133,171 11,404 45,242 7 tVoL-110- RAILWAY EARNINGS New York New York Chicago Central Sys. (Concl.) EARNINGS. Freight revenue,Passenger revenue — 7,046,588 528,244 1,340,502 69,073 2,618.192 Tot.. Incl. other rev. Expenses—Malnt.way equipm't. Maint. of Traffic expenses— Transportation exp. Tot ,exp. ,incl .oth. 4,729.515 1920. 75$90 5,126,885 21,167,601 15,445,290 669.518 1,565,050 2.158,727 1,073,019 3,921,738 3,486,142 83,238 318.094 224,566 2,173.186 8,481,969 6,554.909 2,346,256 2,035,860 iUill sII:Io K 4.159.303 14.770.213 12,870.043 1,645.300. 1.483.581 ' 967:581 railroad. taxes). Uncollectible revenue. 2,317,072' 346 616 3.136 3,363 Net after taxes, Ac. 2,106,715 781.964 5,826.955 '1.998,237' 733,475 5,300,369 2.408 2,016,883 1.817,660 2,395 Net from Net after rents... 2,395 2,408 of r'd oper. Aver, miles 2,575,247 555,000 6,397,388 567.295 185 000 210,010 Taxes (less war EARNINGS. 55,000 675.948 496.919 1.329.306 1.370.986 410.977 574 451,373 1,070,158 574 1.228,5|3 1920. 4,06*5,799 Freight revenue ' — Expenses—Malnt.way Maint. of equipm't. 2,0??,333 468,191 83,937 119,859 1,667 312.811 704,747 100,889 183,289 Tot., incl. other rev. 282,852 451,756 Tot.exp.,lncl.oth. 768,310 537,084 6,810 1,446,544 2,241,688 railroad Taxes (less war taxes). —63,563 10,070 —68,892 9,954 —194,354 30,272 expenses— 2,098 Transportation exp. 463,457 Net from 9 092 874 1.519,781 254,328 365,627 5,030 964.320 395 1 309 Net after taxes, Aver, miles of &c_ —605,230 120 116 120 —806,899 EARNINGS. Freight revenue New York 295.436 193,623 51,541 Expenses—Malnt.way equipm't. Maint. of 255,325 39.458 352,340 45,823 141 658 104:675 expenses— 865 2,472 Transportation exp. 137,276 106,166 Traffic 337,836 764,812 —14,503 ' —9,486' Tot.exp.,Incl,oth. railroad (less war taxes). Net from Taxes 17,885 25,000 1919. 1920. J 648^10 Net after taxes, Aver, miles of &c. —27,371 —10,196 —19,430 —1,881* ' —19 686' '176 r'd oper. 176 176 140 462 228,792 8,892 479,621 885,450 —237,239' 29,100 —266,339 —228,4931 —199,303! —269,095 EARNINGS. Freight revenue Jan. 1 to March 31—, 1920. 1919. 1920. 1919. 665,513 683,935 2,074,575 revenue— 65:561 63.146 186.221 Tot., incl. other rev. 751,267 Expenses—Maint .way 112:531 2,457,204 267,666 Passenger 201,719 10,888 775,355 123,331 257,295 10,648 Transportation exp. 323.380 321^44 Tot.exp.,lncl.oth, 673.338 Maint. of equipm't. Traffic expenses — 722,384 4,485 1,018.580 2,199.662 33,303 2,209.549 Uncollectible revenue. 39,199 27,000 139 247,654 135,000 1.801 Net after taxes, &c. 41,170 12,059 110,852 Net after rents 87,086 741 —2,087 37,003 Aver, miles of r'd oper 741 902 ■ . EARNINGS. $ $ Freight revenue Passenger revenue Tot., Incl. other rev. 7,296,955 Expenses—Malnt.way 593:766 equipm't. 1:346:294 1,509:954 3,633,809 894,697 1,614,765 1,208,786 expenses— 43,831 Transportation exp. 2,976,746 72,873 2,275.426 Tot.exp.,Incl .oth. 5,453,724 4.624.884 1,843.231' 1,008,925 Maint. of Traffic railroad (less war taxes). Net from Taxes Uncollectible revenueNet after taxes, &c. Net after rents Aver, miles of r'd oper. 160,000 235,000 689 1,607^541_ 77,000 240 —43.937 —52,681 Jan. 1 to March 31— Freight revenue Passenger revenue — Tot., incl. other rev. Expenses—Malnt.way Maint. of equipm't. Traffic expenses— Transportation exp. Tofc.exp..lncl.oth. Net from "2,286,665 4,044,481 3,875.902 20,489,947 16,764,194 1,802,755 2.502,825 4,610,893 3,481,898 179,494 196,603 9,088,836 6.798,777 16.336,053 13.498.441 4,153,894 3,265,752 735,000 480,000 208 2,213 1,236 3.416,680 2,983,574 2.784,515 1,862 1,861 2,482,399 2,317,157 7,671,648 6,322,866 96,763 75,500 884,163 454,711 1,258,935 226,500 (lass war taxes). Uncollectible revenue. 151,570 &c. 79,958 21.263 429,084 __1,032,435 83,716 24,213 723,404 224 224 Net after taxes, 367 Net after rents Aver, miles of r'd oper. 224 Toledo & Ohio EARNINGS. —Month of 1920. March 1919. 706,111 57.271 Freight revenue—... Passenger revenue— 494,309 7K623 Tot., incl. other rev. 796,324 588,349 Expenses—Maint.way Maint. of equipm't. 80.288 253 558 expenses— 4,480 Transportation exp. 375:981 101,864 175,341 6,890 263,044 734,9*05 564,083 61,418 24.265 37,919 32,974 Traffic Tot.exp.,incl.oth. ' Taxes 1,086,351 224 (less war taxes). Jon. l to March 31— 1920. 1919. ^ Uncollectible revenue. "23i499 ' Net after taxes, &c. ' Net'after'rents miles of r'd oper. Aver 29 688 503 —8,709 776,918 2,382.259 29,532 6.655 907,876 6,564 3,065,610 6,646 3,024,676 3,409,677 6,565 2,932 Minnesota & International of March—- —Jan. 1 to March 31— 1919. 1920. 1919. % S $ 77,835 • 72,727 210,177 181,107 32,351 25,588 89,743 71,267 1920. % 57,572 102,954 20,030 17,554 533 52,716 86,649 94,469 30,360 8,484 5,851 5,133 117,009 8,870 15,856 457 176,633 265,165 46,018 46,208 1,638 154,490 277,492 259,316. 48,744 5,849 13,134 326,237 26,188 61,681 1,536 ' 16,379 21 8 32,842 —7,293 —6,IS# —5,092 194 _ I,836 4,539 194 194 1,667 8,052 193,964 3531730 303,133 854,222 1,281,477 ' 194 8,861 18,673 —32,526 37,111 —279,442 71,935 4,962 . —9.813 —69.638 —354.367 20,121,428 16,657,409 61,127,869 52,840,181 871,284 42,01*1,985 32,791,527 126326,457 102976,082 —897,245' ' 2,272,506-10,458,782 ' 3,607,514 3,765 66,298 1,563,041 1.283,605 4,085,589 3,851.428 2,113 1,803 21,760 4,203 44 987,097-14,566,132 —248,117 —62,578 -2,462,399 —22,736 135 —71,372 135 —367,134 —73,749 -2,712^99 595,425 2,989 . 13b 135 Norfolk & Western March Jan. 1 to March 31— 1919. 1920. 1919. 1920. $ $ S ' 643,83^-15,292,563 Baltimore 1919. $ $ Jan. 1 to March.31—1920. 1919. $ $ 172,675 184,880 55,475 81,795 82,961 27,340 63,500 29,464 5,844,391 17,877,488 17,776,725 772,006 2,561,784 2,388,440 1,623.566 6,735,959 5,126,620 33,694 153,775 103,848 2,153,693 7,848,970 6,712,538 4,710,856 17,777.915 14,683,233 97,217 16,020 18,582 i 3,0l6 2,865 67,164 62,841 189,105 185,674 125,207 102.203 348.792 981.712 -1,228,066 425,000 i:i33,535 —8,476 3,700 —4,986 3,160 91,056 11,100 —7,455 9,480 328 4,804,575 1,064,814 2,262.653 34 002 2,487,886 6,032,641 260,000 99,572 995,000 3,093,492 780,000 134 1,574 308 -1,653,395 873,401 -1,623,040 884.514 2,088 —897,001 —317,176 2,202 2,313,183 2,401,945 2,087 2,201 Southern Jan. 1 to Feb. 29— 1920. 1919. $ $ 624.146 16,000 20.000 775,883 280,931 1,206,071 205,602 257,794 22,302 577,311 1,106,731 99,340 32,000 145 12 170 26 —100,875 547,190 488,405 ' —84,73d ' —29,118 246,721 940,709 198,854 236,751 14,671 498,475 491,191 "—50,481 40,000 —49,131 67,169 —115,723 '"—46.814 {37,868 —90,508 L—89,116 907 906 907 906 96 *" Month of March 1920. 1919. $ $ _ 257,706 23,868 121,559 274,257 33,684 48,841 —8.146 102,186 —16.935 —7,121 —2,695 —93,885 —8,581 87 87 87 87 —12,176 ; Cincinnati Lebanon & Northern —Mon h of 1920 Jan. 1 to Feb. 29— 1919. February 1919. 1920. 122,902 15,476 161,298 28,648 36,235 92,998 7,893 56,065 7,029 143,474 15,776 114.810 II,930 2,558 59,799 74,605 15,538 17,976 1,289 50,817 191,387 25,663 68,235 4,092 120,647 117,082 86,602 221,388 —2,272 —11,997 4,522 —30,001 10,458 —15.174 76 76 76 40,976 3,972 76 2,736 107,007 176,473 8,120 Cumberland Valley Jan. 1 to March 31— 1920. 1919. $ $ 308,116 276,924 41,414 38,764 82,241 13,825 119,973 16,187 7,020 1,311 55,415 98,382 24,618 6,254 1,361 67,860 385,641 81,428 17,314 4,907 168,646 81,547 101,987 277,026 3,776 225,334 328,063 202,070 112,274 —143,678 95.505 38,426 4,580 —3,604 3,400 108,614 11,964 —2,875 10,200 89,766. —239,215 A,—290,028 435 Chesapeake & Atlantic —Month of March 1920. —979,020 7,243 116,730 6,917 46.490 921 667J19 104,253 13,521 o2 7,259 7,243 7.259 4,833,377 14,474,247 14,490,748 787,917 1,964,770 2,450,834 3,775,448 1,443,836 194,538 1.715,406 355,134 624,971 19,053 " 806,787 1,859,085 25,719 Ibm 140,423 435 458 :—86,230 •—-Month 2.228,063 188,305 2,568,734 247,849 784,233 34,160 1,236,746 2,366,663 29 4,913,702 1,886,092 Northern Alabama ' Net from railroad 4,705,032 2,319,186 3,586 —257,212 569 133 Central ^ flS 192.081 8,877,579 1,409,541 630,580 2,043 543' " —500,05(1 & " 231,530 6,013,459 21,116,370 17,288,364 644,395 730,082 —98,039 569 w railroad 7,603,460 3,351 Pittsburgh & Lake Erie —Month of March Jan. 1 to March 31— —Month of February 1920. 1919. 1920. 1919. 1920. 1919. $ $ $ $ $ $ 1 • 291,512 305,632 2.092,525 2,058,769 7,194,186 6,326,423 134,082 117,047 235,404 197,735 682,913 586,991 462,460 459.287 2,518,195 2,413,920 8,555,812 7,581,802 95,679 101,948 352,818 564,073 1,273,724.1,454,681 129,300 121,975 866,815 705,578 3,023.940 2,017,943 10,738 6,753 II,687 21,173 53,571 46,061 289,287 238,238 996,179 981,944 3,156,495 2,673,534 Taxes 3,502,501 75,188 ; 3,039,965 4,315,025 1,131,791 3,550,741 1,568,193 5,650,587 58,794 232,315 3,006,189 10,666,200 1,569,726 2,117,319 74^100 J 569 1Q1Q 1Q90 tqiq 5,368,589 18,229,389 16,499,164 1,484,313 4,297,421 4,257,556 24.508 " System Jan. 1 to March 31— of March "—264,963 Norfolk EARNINGS. —116,330 521 8,247,855' 7,423,001'25,821,402 22,202,866 —-Month of 1919. $ 1920. $ 1,861 I,862 39,786 538 —486,229 j. 902 848,716 1:606,933' """773,079' 296,415 1,986,614 306,844 676,947 24,523 1,093,477 2,177,513 —190,899 265,702 1 3,818,645 13,881,201 11,625,801 5,158,294 ... 521 York Susquehanna & West Pennsylvania Sys—Eastern Lines and Pennsylvania Company March Jan. 1 to March 31— Month of March Janl 1 to March 31— 1919. 1920. 1919. 1920. 1919. 1920. 1919. $ 8 $ ' $ ■ 28,312,602 22,584,469 76,150,655 69,418,744 258,646 167,824 677,141 596,591 9,334,434 9,432,462 26,536,361 27,106,977 68.119 57,782 193,706 157,646 35.064,034 115867,675 106583,596 362,592 * 270,606 1,002,034 875,049 41,114,740 30,482 43,515 135,323 97,627 7,568,446 5,022,410 18,529,351 14,577,454 9,323,151 40,381,607 30,164,873 48,030 54,924 258,994 149,465 12,422,281 306,975 286,522 1,253,625 907,019 Michigan Central —Month of March— 1920. 1919. —45,717 538 1920. 173.424 2,232,965 357,532 719,445 736.156 77.929* railroad taxes). 32,903 —-Month of 1,966,037 46,245 1,104.868 35,000 1,759 Net from Taxes (less war —121,622 New Lake Erie & Western —Month of March 79,032 —103,376 569 176 1,332,670 303,447 2.157,022 414,365 628,581 25,598 1,432,365 656,261 2,574,168 —78,676 ' —417,141) 24,700 69,082 577,584 96,028 197.550 10,006. 327,688 Uncollectible revenue. Net after rents 1,401,957 92,162 117052 7,333 7,048, 423,950 363,894j 1.019.496 919,957. 55,570 —174,838, 75,000 53,655 Ontario & Western Jan., 1 to March 31— 1920. 1919. 361,505 386,631 546,220. 166,281 745,119. 143,838. 367.4841 878,306 137.403 1,075,067 144,889 406,587 —47,871 iqon 116,345 March 1919. Month of Jan.. 1 to March 31—, 1920. 1919. 44:731,: other rev. Tot., incl. — 1920. revenue— Passenger March 237 44,765 5,995,605 1,533,139 152,761—3,003,805—1,608,541 1,965 1,965 1,965 1,965 —55,267 66,157 459 Month ■ . 86,230—1,341,919 Kanawha & Michigan —Month of 1919. —214.652 ~972,755 —208.739 116 156,265 76,773 55 603,049 Northern Pacific '337:000 8,969,265 —T23~608 —25,796 22,619 11 Northern Pacific a1 12,280,978 21,940,846 3,023 804,000 1,637,015 "^224,630 —147.396 —78,846 —73.633 J—99,153 ~^Tf?\292 r'd oper. ai 130,515 45,068 70,368 25,591 Hartford 4,183,056 14,788,755 7.297,316 26.691,202 355,011 —369,291 268.000 967.000 37 519 4,897:732 1,184,177 ! 2 5,327,305 Uncollectible revenue- Net after rents ot fylk J-t0 1920. 1.696.857 1,382,464 a 6,455,253 2:240:220 11^>234 30,162 Haven & 408,230 ; 3,327,627 10,974,866 9,860.708 3,411.471 10,530,870 9,642,7/1 7,652,328 26,321,911 21,943,870 918,119 3,941,720 2,915,052 3,709,103 Passenger revenue Traffic 552,279' 25:000 of March 1919. 426,021 . 4.578,412 1,536,350 165.000 700 955 Month 1,538,730 373,703 225,495 15,667 716,348 1,128,910 329,301 195,525 14,575 229,775 382,433 119,894 72,032 5,230 198,099 167,954 i.il 5.141,741 1,476,094 145.000 New York New —Jan. 1 to March 31 1920. 1919. March 1919. 1919. $ 609,960 409,595 .496,389 102,946 71,958 4,077 ' Indiana Harbor Belt ■—Month of 1920. 1920. $ 825,216 497,506 $ 272,097 ajiillll 572 187,233 153,678 1919. $ 1920. 437 90o 6,114,762 235.831 6.617,835 119.J82 Jan. 1 to March 31— ——Month of March 5,510,321 6,110,120 1,874,009 2,202,959 Northwestern Pacific & St Louis Jan. I to MarchZl— ■ 1920. 1919- March 1919. —Month of St L (Inc Peoria & East) Month of March Jan. 1 to March 31— 1920. 1919. 1920. 1919. 5,103,832 3,536,650 14,487,582 10,708,417 1,379.425 1.192,952 3.924,074 3.577,361 Cleve Cin Chic & 325,187 76,994 16,516 ■Month of February 1920. i $ 396,003 Jan. 1 to Feb. 29— 1920. 1919. s s 731,222 688,692 72,741 1919. s 290,918 58,210 147,438 121,527 504,751 93,365 91,680 7,220 172,841 374,408 104,062 98,820 6,629 202,930 987,900 144,323 207,231 16,220 350,485 855,455 171,586 195,420 13,210 418,865 379,395 423,567 745,185 821,551 125,356 5,853 —49,159 9,429 242,714 11,394 33,90? 19.043 May, 1920.] RAILWAY EARNINGS System (Concluded). Pennsylvania Pennsylvania Long Island EARNINGS. Month of March1920. 1919. Freight revenue Passenger revenue Tot., Jncl. other rev. Expenses—Maint.way Maint. of equipm'tTraffic expenses 580,176 1920. 386.484 1.465.510 989.859 1,116,732 2.630.511 1,672,793 4,721,076 769,496 1,197,370 35,038 3.301,044 exp_ Tot.exp.,incl.oth. 1.856.112 Net from railroad Taxes (less war tares). . 272.485 272.931 9,464 934,974 1.553.365" 5.494,788" Sys. W. Lines (Con.) Pittsburgh Cincinnati Chicago & St Louis Month of February— -Jan. 1 to Feb. 29 1920. 1919. 4,280,250 1.539,766 10,338.541 3,314,091 9,154,757 3,299,894 140,874 5,755 61,074 4,607 376,053 14,466 241,537 14,149 4,574,997 793,647 837.826 6.642,520 825,404 2,052,032 73,817 3,329,575 17,990,606 14,019,794 1,877,475 1,728,990 6,193,438 4,367,601 195,857 158,096 8,735,417 6,940.050 147,449 26,028 27,468 1,405 258,616 95,017 111,590 53,499 66,788 37,734 35,816 1,310 29,292 393,867 29,920 2.748 474 7,410,094 926,967 3,295,626 82,349 4,287,188 4,518 149,947 105,650 4.593.279 8.875,768 6,521,852 17,566,843 13,648,060 114,475 107,398 332,769 325.980 32,974 —40,609 61,09*} 122 971 334 —67,364 2,914 1919. 1920. 1919. -110,294 101,096 119,428 -773.711 -18,281 -1,465.674 85,804 310,764 274,660 286.719 120,668 232,227 587,782 465,347 356 626 1,561 955 684 480 850 655 Net after taxes, Ac_ -211.746 32.998—1.086.037 —293.896 -1,753,077 —112,039 —164,869 Net after rents Aver, miles of r'd oper. -334,578 10.88.5—1,329,571 398 398 -363,539 -1,857,694 2,383 —181,195 2.387 —541,659 398 398 Maryland Delaware & Virginia —Month of March 1920. 1919. EARNINGS. Freight $ revenue Passenger ... revenue Tot., Incl. other rev. Expenses—Maint.way Maint. of equipm't. Traffic exp. Tot.exp.,incl.oth. Net from railroad Taxes (less war taxes). Uncollectible $ 58,644 26,236 127,769 166,448 47,533 71.867 87.228 7,785 38,900 87,312 191,156 10,182 17,826 21,160 104,860 355 1,796 244,340 24,697 42,282 1,350 61.881 167,346 537 • 59.262 Net after rents Aver. miles of r'd oper. Freight Passenger revenue Tot., Incl. other rev. —94,269 32.851 —41,560 60,763 -70,278 —237,979 2,387 72,869 —40,985 103 152,883 —67,699 103 103 103 Pittsburgh & West Virginia -Jan. 1 to March 31— 1920. 1919. -Month of March 1920. 1919. 59,848 50,910 286,935 111,751 25,010 181,161 155,866 18,829 14,981 1,787 68,162 380,938 151,183 79,254 10,046 385,600 75,677 114,288 6,517 188.410 135,204 100,368 52,113 32,835 458,232 93,685 38,266 2,113 61,921 498,981 52,530 108,999 6,862 249,494 29,280 39,238 1,143 59,641 302.360 255,684 113,133 134,072 437,682 400,367 144,530 150,964 —111.204 42,732 8.500 -22,320 8,500 61,298 25,500 —14,767 25,500 -50,595 6,000 —11,344 5,199 -9,325 1,733 13,951 11,260 42,621 —23,958 —7.023 -117.204 -16.543 34,232 -30.820 35.798 —40,267 -23,276 —61,855 —155,046 -184,225 -29,208 -12,651 -128,554 -26,142 -339 -56,137 -122,113 -164,885 82 82 -29,333 247 -42,641 82 62,403 24 88,024 82 247 247 63 63 63 63 Peoria Jan. 1 to March 311920. 745,304' 195,536 22,165 332,388 21,715 66,004 224,656 62,659 46,646 258,312 836,189 176,946 Pekin Month of March 1919. 1920. $ 1919. & $ Union -Jan. 1 to March 31- 1920. 1919. 726,170 61;067 22,932 12,085 133,417 13,216 29,591 18,309 33,869 447,311 37,514 108,160 1,896 368,043 804,477 185,349 106,364 2,663 273.282 85 884 850 4,628 -Month of March 1920. 1919. 29,542 5,503 104,726 1920. 1919. 64,102. 6,724 341,036 13,977 112,258 7,809 20,804 214,183 20,110 96,510 123,569 22,341 58,732 2,536 60,751 73,978 369,928 242,868 18,921 62,621 159,254 7,460 61,751 127,435 2,790 99,707 114,774 88,444 76,202 269,068 185,360' 756,600 587,269 136,646 135,029 428;K49 384,933 149,945 —5,705 72,952 5,000 79,589 15,000 217,207 -3,229 9,500 —38,518 18,462 9,500 28,500 -91,933 28,500 —26,376 1,886 295 5,000 190.256 15,000 Tot., incl. other rev. Expenses—Maint.way 433,509 ' 1,843 109,158 322,231 —79,362 5,530 517 18 5,689 517 64,589 202,187 -12.729 -48.018 -10,037 —120,433 -28,779 —22,404 -69,787 —84,910 —68,927 63,503 4,755 -30,557 28,128 —60,016 6,804 4,081 16,719 108 -98,998 108 196,044 108 108 19 19 19 19 209 204 209 506 204 504,693 87,907 451,575 641,456 622,175 52,752 —Jan. 1 to March 31- 1920. $ 128^204 • Perkiomen Philadelphia & Norfolk —Month of March1920. 1919. Freight revenue Passenger revenue 183,626 94,521 —20,543' " —63,580' 67,952 19 New York EARNINGS. 34.972 927 34,334 -10,705 revenue- Aver. miles of r'd oper. Jan. 1 to March 31— * 230,362 Net after rents 468,739 -147,803 36,421 Pittsburgh Shawmut & Northern exp. Net after taxes, &c. 570,131 ' —111,899' 526 Tot.exp.,incl.oth. Uncollectible 223,789 5,046 200,461 255,789 29,270 320,935 164,623 112,273 3,205 149,735 92.602 expenses Transportation 1,193 51,188 26,259 —5.290 Net from railroad Taxes (less war taxes). Maint. of equipm't. 1919. 108,980 9,625 293,000 50,335 88,670 2,121 227,642 Traffic 1920. 226,952 144,162 60,661 41,415 1,193 75,540 Expenses—Maint.way Jan. 1 to March 31— 109.187 —Month of March 1920. 1919. revenue 4,600 S 92,780 53,791 Monongahela EARNINGS. 69,793 95,212 —21,958 2,000 revenue- Net after taxes, &c. ' 2.383 Month of March 1920. 1919. $ 60,845 22,440 expenses Transportation $ 423,763 " 371,733 Toledo Peoria & Western —Jan. 1 to March 311920. 1919. $ Jan. 1 to March 31— 5,031,337 1,490,491 1920. revenue- Uncollectible Pittsburgh & Shawmut —Month of March 1920. 1919. 1,176,998 2.913,606 1919 1,745,818 265,732 437,542 8,978 1.080.255 Transportation -Jan. 1 to March 31- 11 1919. -Month of March 1920. 1919. Port Jan. 1 to March 31— 1920. 1919. IS Reading —Month of March 1920. 1919. Jan. 1 to March 311920. 1919. 142,035 84,538 405,884 357,496 205,220 15,428 8,676 119,347 —6,821 4,575 567.381 43,909 49,135 589,375 48,378 $ 1,385,418 258,742 1,317,040 360,847 74,287 9,174 69,012 6.103 241,018 25,856 204,460 1,816,254 165,537 528,328 33,430 1,050,863 1,814,652 160,375 364,897 25,175 857,948 87,303 8,180 4.355 18,871 4,639 3,592 291,356 24,123 12,673 233,791 17 37,291 17 42 29 18 18 61 37 41,974 124,752 108,499 95,364 81,820 336,679 314,587 81,009 17,980 Transportation exp. 60,306 157,045 10,468 342,913 Tot.exp.,incl.oth. "596,542 509,543 1,851,738 1,494,162 50,097 50,495 162,407 138,787 124,536 435,359 432,181 Net from railroad Taxes (less war taxes). 44,913 24,101 112,631 —35,484 63,003 320,489 55,720 37^216" 28,376 1,800 128,948 3,965 95,004 5,400 80,684 12,007 38,337 9,000 132,021 8,757 157,193" 3,275 —98,587 264,768 33,940 26,576 124,982 89,604 68,677 29,337 123,264 130,193 iOsT —130,147' ".247,698 29,200 25,880 114,425 87,223 5,668 30,090 —42,610 120,302 121 41 41 41 41 21 21 Maint. of equipm't. Traffic expenses Uncollectible revenue- Net after taxes 306,494 18,573 8 94,058 17,524 121 121 121 Pere West Jersey & Seashore —Month of March 1920. 1919. $ S EARNINGS. Freight revenue Passenger revenue Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. Traffic expenses Transportation exp —Jan. 1 to March 31— 1920. $ 1919. $ ~ 66,254 27,000 Month of March 1919. $ % 261,900 456,479 806,716 1,312,696 803,600 2,189,764 1,989,579 1,203,340 494.202 885,341 255,600 249,579 8,974 500,667 774,300 166,831 154,145 6,905 460.542 2,323,747 736,251 644,503 2,187,980 572,967 479,211 31,550 21,449 1,546,363 1,363,239 2,954,222 429,688 709,756 34,134 1,455.914 3,045,639 2,514,290 2,737,437 —721,891 —326,310 216,783 144,718 62.201 1,041,302 815,385 Net from railroad Taxes (less war taxes). —155,961 53,172 —41,0SS 48,239 151,156 Jan1 to March 31 1920. • 21 21 Quincy Omaha & Kansas City Marquette 305,216 523,868 Tot .exp.,incl .oth. Uncollectible 12,834 16,419 99 207804 Net after rants Aver, miles of r'd oper. 114,553 7,385 1920. 1919. $ $ -Month of February— 1920. 1919. —Jan. 1 to Feb. 29 1920. $ 1919. 63,502 21,555 49,519 23,038 124,006 45,583 110,083 47,386 94,738 15,575 14,811 78,867 25,036 Cr3,307 217,843 32.753 45,914 163,350 46,368 21,139 $ 5,643,088 405,591 6,048,290 1,334,811 2,581,811 337,219 550,380 8,653,803 958,996 2,263,675 21,639 116,529 4,618,552 105 362 222 530 1,101,401 7,292,184 1,042,670 1,513,937 68,623 3,223,901 62,464 40,505 135,022 96,133 2,085,459 8,246,983 6,165,939 95,009 63,567 217,432 166,083 496,351 104,440 406,820 178,879 1,126,245 147,753 411 3^647 —2,732 6,006 1,128,280 15,299! ' 3,003 7,294 revenue. 1 223 106 416 408 110 1,207 340 6 8 36 Net after taxes, Ac. -209,135 -89,548 —873,155 —471,446 154,175 391,794 226,734 978,151 -3,918 12,290 —6,892 -8.774 Net after rents Aver, miles of r'd oper. -240,097 Tos.oiS —948,96(5 "—529,818 —63,960 361 361 2,232 —405,354 2,230 761,393 2,232 255 255 255 361 361 2,230 ' 290,772 ' ' Pennsylvania Sys—Western Lines Phila Bethlehem & New England Pennsylvania Company Jan. 1 to Feb. 29 EARNINGS. —Month of February 1920. 1919. Freight revenue Passenger revenue -Month of March 1920. 1919. 1920. 1919. $ 5,436.316 1,440,837 4,656.918 1,377,990 10,668,418 3,279,370 9,929.925 2,855,745 exp. 7,699,567 1,219,969 2.986.478 87,146 4,338,795 6,775,758 17,206,559 974,141 2,203,204 5,734,095 2,135,984 69,859 179,783 3,558,470 8,720,189 14,248,645 2,182,629 4,494,828 135,161 7,501,764 Tot.exp.,incl .oth. 8,936,206 6,978,329 17,443,470 Net from railroad Taxes (less war taxes). —1236638 —202,570 288,551 "—236,910 Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. Traffic expenses Transportation revenue. Net after taxes, Ac. -1583319 —491,290 Net after rents Aver, miles of r'd oper. —1630090 -56T4T9 1,754 1,754 Uncollectible 168 64,283 5,134 9,816 414 333 75,527 14,781,782 —533,137 575,946 Freight revenue. Passenger revenue Transportation 3,212,847 270,169 352,063 21,679 419,620 18,127 1,052,348 82,416 1,466,645 60,069 -25.494 1,030 2,672 1,100 -70,519 3,090 37,508 5,283 299,293 31,050 -931,496—1,109,458 -26,524 1.572 -73,609 32,225 268,242 -930, 1.754 -28,581 1,053 -80,022 30,401 236,457 71 71 71 71 116 749 —Month of February— 1920. 1919. a <2 47 23 60 969,908 1.406.515 386,442 825,243 1,378,147 116 110 116 -Month of March 1920. 1919. $ $ 1919. —Jan. 1 to Feb. 29 1920. 1919. 144,825 168,446 250,542 195,645 298,338 1,046,255 197,561 282,265 20,000 576,850 7,173,089 630,075 1,944,927 50,609 3,557,901 4,539,028 20,525,539 15,185,033 959,804 1,894,157 1,659,266 1,755,895 6,691,361 4,866,401 40,554 131.236 102,320 3,015,781 10,598,139 9,381,273 309,844 32,485 44,581 2,809 136,593 332,144 28,888 42,611 3,220 110,057 685,472 64,209 89,321 0,785 269,252 778,950 69,928 395,704 539.590 1.378,955 1,125,357 6,361,853 5,512,850 157,855 80,221 —79,102 50,748 811,235 209,583 "—973,822 7 7 430 Cr53 Net after taxes, Ac. —21,311 77,627 —129,858 51,797' —155.017 569 569 -Month of February 1920. 1919. 237,334 —8,113' 569 $ 16,815,070 11,621,420 2,365,247 2,441,258 18,799 40,110 569 1919. $ 3,421,559 817,752 682,898 ~~4° 1920. 6,068,514 737,342 Tot.exp.4ncI.oth. —34,064 Jan. I to March SI $ 139,439 114,332 Net fram railroad Taxes (less war taxes). Uncollectible revenue. 25.950 Washington Southern Philadelphia & Reading Jan. 1 to Feb. 29 1920. 1,011.063 401,451 , 1,754 1,475,557 1,746,202 374 exp. Aver, miles of r'd oper. 2,968,556 218,435 454,064 23,980 1,140,530 617,598 1,536,811 150,639 370,442 21,901 788,189 Net after rents 487.819 1,045,024 118,563 123,408 6,769 342,144 209,825 531,476 97,959 129.726 9,592 277,965 expenses 930,664 308,865 701,698 81,062 178.631 12,465 385,806 Maint. of equipm't. Traffic 444,654 61,611 713,226 Expenses—Maint.way 340,267 106,158 982,055 286,305 rev. 1,325,945 141,471 33,460 Jan. 1 to March 31 1920. 1919. 498,471 43,926 238,345 Fredericksburg & Potomac 460,334 40,730 377,463 104,188 Tot., incl. other $ 40,612 1,230 221,453 501,895 129,853 ..... Richmond Month of March1920. 1919. 1919. 247,333 29,892 692,475 2,109 80,663 12,160 15,835 Grand Bapids & Indiana EARNINGS. 1920. $ 255 Richmond-Washington System 916.892 78,254 153,660 4,164 357,951 . 344,755 1,924 Jan. 1 to March SI— $ TITO ' $ 408,524 75,662 6,153 235,644 16,454,153 228,202 196,313 451,677 691,320—1,269,119 341.611 429,684 6,856 6',380 14',669 Cr53 12 3 12 3 601,222—1,116,996 349,197—1,698,749 74,771 129,447 219,112 369,725 "511,756—1,442.992 -298,056—2,63^,011 62,883' " 123,36^' 181,065" 365,917 35 1,126 143,228 1,127 19,834,219 510 1.126 1,127 35 35 35 13 [516 RAILWAY EARNINGS 12 San Antonio & Rutland of March 1920. 1919. $ 8 199,031 199,902 94.265 105.055 EARNINGS. Freight revenue revenue— Passenger 359,413 78,993 99,030 4,323 253,252 Tot., incl. other rev. Expenses—Maint.way equipm't. Maint. of Traffic expenses — Transportation erp. Month Jan. 1 to March 31— -Month 1920. $ 1919. $ 1920. 8 338,775 99,186 279,419 100,033 1,074,804 404,272 984,916 87,472 6,152 156,367 109,419 5,716 161,333 338,192 18,538 311,657 18.521 391,482 —112,063 15,000 450,027 346,553 railroad taxes) _ Uncollectible revenue. -90,613 21,120 12,936 19,058 —29,726 15,000 Net after taxes, &c. Net after rents Aver, miles of r'd St Louis-San Freight revenue Passenger revenue — Tot., incl. other rev. Expenses—Maint.way equipm't. Maint. of Traffic expenses— Transportation exp. Tot, exp. ,incl .0 th. 1,329;998 (less war taxes). Uncollectible revenue. 225,276 942,7H7 215,936 423 2,305 Net after taxes, &c_ 1,509,375 724,545 1,385,657'" 701,966 4,761 Net from railroad.-i.. Taxes Net after rents 4J61 r'd oper. Aver, miles of 4,648,074 3,973,882 4,080,317 672,834 2,528,790 662,4o0 4,726 8,775 3,402,756 | Passenger revenue — Expenses—Maint.way equipm't. Maint. of expenses— Transportation exp. Net from railroad Taxes (less war taxes). Uncollectible revenue- . —41,508 Net after rents 235 r'd oper. Freight revenue Passenger revenue... «$> $ —134,650 —119,025 134 134 134 135,167 326,106 305,550 1.970.774 Expenses—Maint.way 206,472 403,219 24,832 313,547 3,131,898 406,943 251,325 21,947 316,188 671,441 48,187 801,045 882,131 2,010,085 equipm't. expenses. Transportation exp- 988.670 Tot .exp., incl .oth. -573^88' 42 984 18 89,366 "!, l2l ,8l2" 37 140 261 85,968 92 872 51,965 1,035,752 ""54X02$ ' 70,203 ' 1.054,62$ 195,204 207,933 939 939 939 939 r'd oper. St Louis Southwestern Ry -Month of February— 1920. 1919. S S Freight revenue revenue— Tot., Incl. other rev. Expenses—Maint .way Maint. of equipm'tTraffic expenses— - Transportation exp. Tot .exp. ,incl .oth. Net from railroad Taxes (less war taxes) . „§6,o74 642,120 1,700,418 530,486 Net after taxes, &c. 381,688 37,875 57,195 3,681,306 796,609 608,546 369,867 370.881 85,005 52.742 1,201 105,796 247,400 278 1,328 839 53,285 192,537 187,855 27,094 1,220,377 105,225 85.288 264,598 288,636 2,736.506 237,313 15,856 3,580 —7,811 2,555 —28,444 10,740 —93,052 7,650 879.518 1,742,184 132,554 249,903 193,807 17,151 934 1.032 99 54 85,402 628,680 1,547,344 115,303 107,144 —21,790 56,914 1,472,292 377 107,95§ 11 583,494 377 102,® 11 377 377 Railway Jan. 1 to March 31— 1920. 1919. 5.782,640 24,389,691 18,210,164 2,947,970 7,753,318 8,614,814 —Month of 1920. 397,143 9,469,760 37,404,560 29,103,893 1,600,662 5,187,380 4,694,351 2,498,475 7,189,667 7,563,131 132,652 471,493 362,811 4,403,704 16,366,953 13,053,528 3,924,165 563,400 982,979 42,954 1,580,020 8,964,910 30,470,653 26,646,690 1,690,564 1,428,365 3,316,034 141,652 52,205 83 608.131 122,648 3,027 89,363 482,455 458,823 71,824 1,382 296,620 1,381 423,624 1,382 8,107 5,079 21,874 1,906,471 174,512 5,776,294 1,716,868 6,971 48~653 4,764,718 6,971 6,982 10X041 " 61,324 1,198 45,518 1,471,094 1,078,491 =^40.054 1,381 6,982 Houston & Texas 894,555 184,991 188.136 6,301 371,954 608,835 127,219 132,646 6,345 277,710 1,972,816 347,345 366,818 12,860 745,224 774,104 561,180 1.518,665 120,450 37,685 47,655 34,023 454,150 75,370 50 336 197 903 807 475,514 216,734 32,428 13,433 377,877 90,388 37.032 411,075 7.220 336,832 96.527 312 176,671 312 62,871 312 885 856 866 856 571,346 191,277 1,846,435 1,71S,285| 501,022 508,340 823,405 82,352 205,635 12,325 320,930 810,893 117,802 251,284 12,534 2,350,649 262.954 645,464 35,639 326,083 2,606,649 315,918 655,437 53,332 946,670 642.910 737,152 2,047,558 180,495 73,745 24,561 559.091 83,101 290,468 73,683 20 475 146,081 49,160 132,136 312 1,011,505 243,498 698,339 222,872 237,194 130,369 689,909 219,024 313,733 9,237 416,209 471,175 145,316 172,764 5,104 207,822 1,452,288 424,034 536,679 18,903 908,494 971,697 320,449 368,210 10,533 452,864 395,446 49,108 99,796 5,728 184,193 370,452 66,483 81,992 5,598 184,186 1,056,155 ■" —Month of 1920. S ' 315,265 92,154 1,145,876 191,559 261,612 15,991. 516,736 240,628 173,059 39 589 32,081 34,989 997 457,807 84,297 115,993 80,379 79,894 3,387 214,493 152,584 394,129 63,677 15,140 39 951 921 349,789 "l,243,737 1,014,721 20,662 13,550 ^TOO® 131,154 40,850 39.373 54,250 7,570 20,474 6,158 75 1,193 129 104 64 604 80 14,252 47,933 68,113 11,763 26,800 63,863 190 190 190 54,468 42,000 7,036 145,123 90,174 31.700 ' —96,710 '—477,818 '—247,063 25,681 2,500 402 150,214 402 82,528 402 19,751 402 814 807 814 Mobile St. Louis Transfer of February Jan. 1 to Feb. 29— 1919. 1920. 1919. Month of March 1920. S revenue— Tot., incl. other rev. Expenses—Maint .way Maint. of equipm't. expenses— Transportation exp. I Tot .exp.,incl.oth. railroad Taxes (less war taxes) _ Uncollectible revenueNet from Net after taxes, &c. i 1919. $ 190 ' ' Louisiana Western & Ohio Jan. 1 to March 31— —Month of February 1920. 1919. 1920. 1919. § § 26$4,557 Jan. 1 to Feb. 29— 1920. 1919. 571,833 220,594 377,883 214,121 866,656 155,112 148,010 9,917 204,730 608,705 72,366 115,409 9.026 192,667 3,666,441 538,539 2,783,920 540,640 100,745 159,113 103,886 203,114 478,163 15,605 596,119 4,646,048 741,119 1,371,252 87,315 2,121,793 3,521,424 593,486 1,299,760 65,860 1,720,030 385,981 86,944 70,767 5,260 153,997 270.614 31,556 57,873 4,743 83,874 1,466,614 1,327,998 4,457,951 3.798,356 280,694 191,427 545,154 416,089 44,060 59,651 —159,835 55,174 188,297 182,651 —276,931 157,499 105,287 19,795 79,186 9,069 """ 321,501' "l92,61$ 410 308 454 89 121 39 —15.591 —215,420 5,136 —434,885 85.402 70,117 281,790 172,851 57,395 —266,028 997 155,446 —153,161 998 81,484 67,168 207 271,784 207 167,679 207 1,244,912 Freight revenue miles of r'd oper. 1,623 163,496 285,527 80,510 12,316 43,846 19,250 1,939,348 24,596 Net after rents.. 63,759 48,293 351,600 21,000 46 Aver, $ 273,788 77,253 366,037 1,200,190 557.301 —270,540 Traffic 68,047 ' —86,186 '—487,060 "—228,49$ 215 Passenger ^59,248 201,253 —541,744 1920. 1,294,470 256,783 246,919 16,572 579,173 1,135,226 Jan. 1 to Feb. 29— 1919. 1920. §> 130.461 36,744 33 -Month $ 184,046 45,396 —107,219 EARNINGS. February— 1919. " 5 807 _ Houson East & West Texas Jan. 1 to March 31— 1920. 1919. s $ 830,357 700,329 444,088 349,816 1,444,304 203,105 330,540 22,483 642,723 1920. $ S ' —319,223 =30X591 Central 426.947 159,523 606,497 171,541 346,018 103,773 r'd oper. 370 639,186 197,337 —Month of February 1920. 1919. Net after taxes. &c. Aver, miles of 2,385,669 515,119 690,950 41,730 1,439^939 2,822,064 563,604 104,410 Jan. 1 to Feb. 29— 1919. $ 1,298,068 894,984 425,560 334,950 Jan. 1 to March 31— 1920. 1919. Uncollectible revenue. Net after rents 1,108,213 1,570,017 241,727 350,169 20,225 751,873 Month of March— 1920. 1919. $ Jan. 1 to Feb. 29 1919. $ 2,666,298 2,409,865 881,004 810,728 438,018 2,457,202 964,233 $ San Antonio 1920. $ 1919. $ 1,258,843 Georgia Southern & Florida Jan. 1 to Feb. 29 1919. February $ 123,480 16,281 1,798,605 262.135 535,095 18,744 799,931 6,933,905 1,152,530 of Texas $ Galveston Harrisburg & System 504,850 322,230 34,413 1920. 48,330 50,498 5.995 114,195 2.801,788 536,792 105,828 986,108 289,966 51,794 452 $ 236,130 101,781 -296,199 23,018 273,641 52,761 S 466,929 460,503 270,356 74,280 __ 3.657,705 551.197 Alabama Great Southern l019-^ $ S 2,858,048 553,826 79,462 8,311,706 1.594,102 1918. 129,800 Southern Railway Jan. 1 to Feb.429 1920. 2,602,579 7,049 Month of January— .1920. 1919. to Dec. 31 >.y, 4,478,691 668,548 602,705 26.107 1,216,865 Month of March 1920. 1919. 971,498 249,202 Passenger 293,042 18,146 47,886 System 161,644 EARNINGS. 77,477 13,031 17,012 2,583,933 41,362 299,399 11,879,409 1,339,382 08.788 61,893 2,460,651 132,154 2,924 5,231,301 202,658 9,571,017 356,006 .,562,159 Aver, miles of 12X082 . 1 $ —Month of March 1920. 1919. 235,866 323,911 54,643 —30,745 — Net after rents 117,663 1,864,942 10,147 7,046 7,049 1919. ^ 36,948 Southern 134 795,685 —Jan. 1919. 1920. <£ *56.487 5,281,287 Arizona Eastern Jan. 1 to March 31— 1919. 33,867,485 7,807.716 2,198,917 11,672 615,600: 4,511 840,767 2,329 _ 3,563 11 —36,594 1,366,999 railroad—. Taxes (less war taxes). Uncollectible revenue. /-••■ ■'"■■■ 12,189,913 38,833,081 2,767,898 Buffalo —8,299 ■Month of February 1920. 1919. Net from 4,108,89*1 11 Tot., incl. other rev. Traffic 3,406,197 ' 5,343,739 " —5,655 St Louis Southwestern Maint. of 5.397,125 723,576 235 St Louis Southwestern Passenger revenue 623.118 2,267,459 7.088 2,308,392 401,920 r'd oper. EARNINGS. 2,531,275 625,966 3,563 —111,880 Net after taxes, &c. Freight revenue 539,395 776,754 13,333,143 46,640,797 39,148.773 2,569,769 7,090,315 7,016,104 2,268,472 10.550,694 8,200,015 132,651 447,452 359,891 5,662.993 18,856,553 16.686,619 3,374,372' 1,143,230 Z\J\3 railroad Taxes (less war taxes). Uncollectible revenue. Net after rents 1,409,099 6,293 17,111 Texas Jan. 1 to March 31— 1919. 1920. 1919. 8,969,911 28,402,073 27,013,052 3,366,174 11,973,220 9,424,582 281.823 1920. Net from Aver, miles of Southern Pacific Month of March 412,195 3,563 3 Jan.1 to March31— 1920. 1919. 278 268,912 3,563 235 439.828 34,154 —33.547 —98,388* 62:676 —60,272 278 1,841 235 114,568 ... —32.881 278 278 8.54 —45,688' 132,014 expenses Tot .exp. —45^329 v 134 17,704 ,lncl .oth. Maint. of equipm't. Traffic —28,298 946,023 405.000 1.627 10,361 Transportation exp. Tot., Incl. other rev. Expenses—Maint.way 12,850 9,461,662 12,276 410,144 88,093 75,430 5,682 251,417 —30,587 1,860,940 450.000 —102,249 105,808 20,898 24,006 2,923 2 —16,750 11.305.812 —15,172 135,799 22,301 23,611 1,410 79J87 —1,296 27,000 i7 417,678 135,000 —42,484 of March 1919. $ $ 107,649 94,523 18,299 4.826 42,267 29,400 2 3,281,098 9,536 St Louis-San Francisco & —21,585 9,000 116,586 150,000 11,355 Month —6,950 9,800 6,279 221,051 3,995,363 2,983 1920. EARNINGS. 421,123 8,584,647 6,467,484 2,481,047 2,997,871 3,698,777 13,166,753 10,407,686 16,14X271 2,320,899 536,726 1,831,259 1,585,203 3 301.201 823,535 2,649,874 2,317,340 167,203 59,464 243,863 180,869 6,293,091 1.731.737 6,064,157 4,990,054 —3,801 274,228 It) —L886 Net after taxes, &c. Aver, miles of ' 1,898 3,785 183,241 489,072 1920. 2,150,260 1.186,085 497.630 493,829 120,419 77,192 5,941 144,892 4,111,949 646,394 1,001,115 73,793 2,084,935 165.664 126,162 35,021 38,054 2,687 75,198 163.517 10,386,235 4,317,568 —39,501 62,553 153,234 39,774 23,091 1,500 80,474 419,827 116,497 64,431 2,069 83,021 531,339 131,219 76,458 9,696 257,368 Southern Pacific System 1919. 8 1920. $ 1919. $ i67,909 133,058 322,575 85,004 87,8o0 530 217,995 415,078 —92,503 269,333 240,679 149,993 123,306 43.081 26,196 2,234 68,743 732 Air Line of March-— —Jan. 1 to March 31— Month of March t0 Mar,cJX 21" 70,129 47,899 151,335 Tot.exp.,Incl .oth. —289,642 736 —262,553 732 South $ Tot., Incl. other rev. Traffic 1,743,227 4,761 1920. 1919. 80,511 Freight revenue —126,651 736 Rio Grande Month of March 1920. 1,857,564 < 2,987,844 4,761 Fort Worth & EARNINGS. —8,408 860,815 177,775 141,618 8,898,455 7,230,552 4,970,685 17,392,304 14,985,673 1,735,075" —262,311 2,859,721 2,399:468 5.527,386 —349,607 8 58,491 50.339 —127,071 1920. 5,913,473 21,472,622 17,514,464 1 030 337 3,077,067 3,182,193 2,798:483 —44,726 Month Francisco of March —■Jan. ! to March 31— 1920. 1919. 1920. 1919. 5,035,641 3,932.295 14,752,697 11,712,530 1,822,245 1,675,459 5,435,533 4,881,779 7.062,462 969 786 1,507 808 61 315,029 154,727 Seaboard —Month EARNINGS 1,379,142 268 Francisco System St Louis & San 525,355 1,202,156 —304,338 —217,239 45,000 45,000 564,358 1919. 1920. 45,840 156,566 45,182 28,524 §91,922 7 415 415 415 415 oper. 242,885 359,490 64,648 93,349 9,272 167,565 Tot.exp.,incl.oth. Net from 81,648 Jan. 1 to March 31— 70,467 97,245 47,176 680.559 658,705 254,171 176,907 229.981 83,072 285.604 Month of March 1920. 1919. 1919. $ 1920. $ $ 368,502 Taxes (less war Southern Railway System (Concl.) Aransas Pass Southern Ry in Mississippi Jan. 1 to March U— , 539,869 596,609 297,985 of March1919. 934,656 178,532 170,468 1,510,674 220,836 490,316 25,463 684,463 1,168,163 1.052 1,018 ' ; 207 39,590 19,725 MAY, 1920.] Morgan's Louisiana & Texas RE —Jan. 1 to Feb. 29— —Month of February 1920. 1919. 1920. 5,426 7,140 11,390,881 2,372,726 1,227,325 164,738 277,098 16,304 563,953 378,781 78,559 57,301 283,871 79,488 53,907 797 834 138,947 584,582 162,658 149,621 1,821 290,546 14,993,992 1,559,613 2,690,021 93,756 5,174,580 11,980,187 33,788.672 1,922,135 3,496.624 2,220,617 5,659,974 82,958 190,544 3,992,140 10,746,369 25.553,797 3,922,202 187,663 743,288 126,004 132,510 1,952 365,910 1,046,989 1,063,969 332,339 284,028 643,619 624,746 10,282,508 8,883,804 21,636,691 18,500,501 163,356 46,44$ 7,053,294 61,190 39,139 56|499 4,711,483 686,280 3,096,38$ 12,151,97$ 3l!033 607,200 73,094 510 613 631 4 1,133,747 353,739 836,632 324,962 Tot., Incl. other rev. Expenses'—Maint.way Maint. of equipm't. 751,264 106,216 157,750 12~,186 250,540 530,965 75,144 127,785 9,356 259,756 1,654,189 168,999 282,618 20,992 527,276 Tot.exp.,incl.oth. 549,795 492,949 Net ftrom railroad Taxes (less war taxes). 201,468 36,551 241 Uncollectible exp. revenue. Net after taxes..._ Net after rents 6,472 533,492 101,533 7,297 -28,407 33,385 -5,076 502,210 79,047 140,63$ 79,315 294,029 133,951 400 400 400 400 36 36 36 36 St Louis Merchants Bridge ... 506.728 152,274 1919. $ 357,420 1,051,938 145,468 312,584 733,749 308,974 1,566,891 281,215 401,324 10,117 587,071 1,110,674 249,889 Transportation exp. 529,715 113,180 212,216 5,556 217,488 Tot.exp.,IncI.oth. 717,789 574,893 1,391,357 1,167,185 Net from railroad Taxes (less war taxes). 11,782 21,129 —45,178 21,085 833 328 175,533 42,258 1,822 42,171 2,366 Traffic expenses... Uncollectible revenue. 395,705 10,602 452,931 469 -Month of March 1920. 1919.. ... Tot., incl. other rev. Expenses—Maint .way Maint. of equipm't. Traffic expenses Transportation exp. 8,030 St Month 1919. Joseph & Grand Island of March-— —Jan. 1 to March 31 1919. 1920. 156,025 39,610 620,622 113,350 510,346 111,044 655,345 156,672 81,986 5,332 432,276 1,420 1,516 332,566 58,462 50,605 462,251 97,361 111,764 1,592 365,361 259,483" 207,921* 248,291 666,414 97,524 128,066 1,479 502,434 59,515 37,682 1,836 132,560 40,392 41,978 1,661 147,491 809,450 153,992 129,886 6,264 422,503 364,048 279,186 741,280 587,038 243,968 246,014 752,342 716,467 -31,481 8.250 -72,809 8,000 -74,865 16,500 -124,786 16,000 15,514 11,889 -38,093 8,810 —61,121 26,432 62 57,108 33,711 37 -39,731 -80,809 -91,365 —140,786 3,625 —46,966 23,359 -87,616 —48,467 13,383 —92,538 258 258 258 -150,879 100,400 -89,741 9&fe 9 i —647 258 9 Union RR Toledo St Louis & Western Jan. 1 to March 311920. 1919. 1919. $ 1920. $ $ 205,409 40,296 783 Month of March —Month Janl 1 to March 31 1919. 1920. 1919. $ 1920. $ (of Pennsylvania) Jan. 1 to March311920. 1919. of March 1919. 1920. 62 89,970 17,666 50,270 14,793 305,853 52,343 157,969 42,031 711,531 30,168 494,184 29,822 2,170,903 90,260 1,488,701 112,088 15,787 11,372 2,441 38,988 67,389 13,715 7,436 1,770 28,268 368,518 45,537 33,081 7,032 117,513 205,802 34,233 21,632 4,748 80,480 793,922 113,374 139,493 8,916 330,391 550,144 89,960 130,243 3,981 239,605 2,434,195 305,869 491,920 22,514 1,097,971 1,637,722 270,405 393,807 15,980 701,333 669,333 80,158 188,031 654,189 54.643 121,744 1,852,298 182,964 610,203 310 279 851 448,768 333,692 1,261,317 932,144 476,852 1,952,688 1,419,117 725,045' 517,655 2,078,846 1,546,867 73,291 26,000 481,507 93,000 220,604 78,000 -55,712 136,633 6,428 -226,548 21,184 222,912 19,284 294 103 Tot.exp.,lncl.otb. 73,480 55,394 218,372 154,034 604,728 Net from railroad..__ Taxes (less war taxes). 38,607 5,170 11,995 4,012 149,945 14,858 51,767 12,036 189,193 31,000 Uncollectible 6,062,45'!' 8,031 8,030 $ $ Freight revenue Passenger revenue 2/793,716 'l0,6$5,81$ 206,376 53,563 43,873 830 174,798 649 . Spokane International EARNINGS. 4,004,800 8,031 $ ■- —19,741 9 -38,115 Aver, miles of r'd oper. 6,226,700 758 Net after taxes, &c_ Net after rents 824,966 1,627 2,847,829 10,817,768 Terminal 1920. 1,332,030 2,178 ■ $ 729,571 150,077 187,873 4,372 320,338 Tot., incl. other rsv. Expenses—Maint.way Maint. of equipm't. 845 4,614,235 167,668 8,455,987 4,024,203 —Jan. 1 to Feb. 29- -Month of February 1920. 1919. Jan. 1 to Feb. 29 1920. $ 247,705 998 4 164,675 -Month of February 1919. 1920. $ S Freight revenue Passenger revenue 66,278 151,355 Texas & New Orleans EARNINGS. 99,66$ 28^249 -96.666 Aver. miles of r'd oper. 1920. 3,229 346,896 160,083 expenses Jon. 1 to Feb. 29— 1919. 1920. 1919. Jan. 1 to Feb. 29 1919! 1920. 1919. 9,838,355 22,255,612 18,954,285 2,272,794 4,975,089 4,728,248 ■Month of February 2,055 542,852 166,925 Transportation ■Month of February (Concl.) Total Company Terminal Railroad Association of St Louis 1919. 1920. Freight revenue Passenger revenue Traffic Union Pacific System System (Concl.) Terminal RR Assoc'n of St Louis Southern Pacific EARNINGS.' 13 RAILWAY EARNINGS 37 79,889 7,728 1,769,779 159.256 433,541 793 revenue. 16 Net after taxes, &c. 33,420 7,983 135,049 39,730 158,193 47,291 388,212 142,501 -63,440 130,105 —247,732 203,628 28,174 5,663 116,744 32,393 94,068 26,835 251,119 82,776 15,119 163,054 80,536 289,490 156 454 454 454 454 40 35 40 35 Net after rents Aver, miles of r'd oper. 156 156 156 Ulster Spokane Portland & Seattle -Month of March 1920. 1919. EARNINGS. Jan. 1 to March 311920. 1919. Utah Delaware & 1920. 1919. ' $ $ Freight revenue Passenger revenue 447,014 142,227 432,246 1,404,415 129,544 409,255 Tot., incl. other rev. Expenses—-Maint.way 633,021 90,779 83.686 4,967 217,344 596,295 120,938 90,805 5,746 202,035 2,004,379 381,646 252,607 18,585 Maint. of equipm't. Traffic expenses Transportation exp. 686,188 Jan. 1 to March 31 ■Month of March 1919. 1920. —Jan. 1 to March 31— -Month of March 1919. 1920. 8 494,250 1,661 286,307 1,481 90,015" 497,257 7,209 26,493 35,518 290,820 34,490 77,207 1,197,916 343,385 40,968 15,496 35,845 12,735 103,036 43,604 99,623 151,418 88,400 39,589 625 780 1,669,763 380,373 279,997 17,336 608,775 80,626 17,189 20,325 2,014 57,968 63,761 11,613 15,458 1,482 53,674 236,542 60,041 190,374 35,357 55,453 3,694 149,928 152,369 15,641 28,432 34,838 17,783 117,953 59,426 53,798 249,861 177,963 247,39$ 112,856 12,210 60,506 4,654 169,268 Tot.exp.,Incl.oth, "424,323 438,538 1,419,122 1,347,889 106,665 87,513 303,593 260,093 Net from railroad.... 208,697 75,002 157,757 59,200 585,257 235,002 321,874 177,600 125 -26,039 5,000 -23,751 4,600 —67,050 15,000 -69,718 13,800 70,527 5,066 36,217 4,091 53 CV2 53 34 341 Net after taxes, &c. 133,694 98,522 349,913 144,148 -31,039 -28^04 —82,048 -83,571 Net after rents Aver, miles of r'd oper. 121,510 538 129,127 334,400 223,785 -33,848 -28,557 —86,243 -83,813 58,298 24,010 538 538 538 128 128 128 128 98 98 Staten Island Rapid 1920. Freight revenue Passenger revenue... Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't- 1920. 1919. 100,742 78,114 143,356 26,645 26,923 exp. 93,766 Tot.exp.,incl.oth. 175,458 157,330 Net from railroad Taxes (less war taxes). 16.329 15,000 -13,973 9,000 Net after taxes, &c. 1,329 -22,979 Net after rents. Aver, miles of r'd oper. -22,679 —24,918 23 23 Transportation Uncollectible 178,320 1920. revenue aasenger revenue Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. 6,732,768 1,574,381 6,189,112 20,578,713 18,363,019 1,648,255 4,505,771 4,537,138 207,632 91,404 70,394 671,961 277,992 510,479 221,717 9,167,610 1,068,741 8,402,$68 252,674 52.050 50,421 3,084 91.051 1,061,011 117,711 187,595 19,067 429,309 788,431 154,392 169,765 7,354 309,696 68,452 2,791,796 8.907,709 130,686 7,705,209 6,082,487 6,196,791 18.969,903 17,211,806 243,138 206,187 795,976 671,194 59,136 45,000 39,187 35,000 3,085,122 46,486 9,416 265,034 37,444 117,237 28,250 1,283 2,479 7,400,293 501,527 2,145 80,835 13,716 22 437,433 1,079 2,205,577 10,746,044 261,550 1,014,276 2 85 90 101 -104,136 4,164 3,646,609 1,942,743 9,729,288 6,896,620 67,116 36,984 "*227,499 88,885 -153,756' 3,566 2,714,856 3,614 1,932,611 3,614 9,815,318 3,614 6,858,304 3,614 67,095 38,164 218,539 171 171 171 92,236 171 23 5,285,513 155,913 4,614,589 Virginian Oregon Short Line Central 1919. 1920. 29,715,948 24,612.099 3,177,148 3,546,082 1920. 2,082,844 1919. S 583,346 556,302 2,822,116 610,711 539,239 20,691 892,187 11,193,341 1,695,746 189,406 9,423 203,655 3,527,796 470,913 552,651 28,037 1,079,972 1,686,827 74,533 3,435,638 8,253,419 1,649,160 1,469,547 47,347 2,687.180 2,196,545 6,820,251 6,263,049 926,182 690,024 2.658,771 2,314,425 404,595 62,061 823 38,000 862.307 152,061 ■72,557 111,200 4 7 4 774,689 42,085 15,898 -129,208 15,405 "1,217,629 261,031 625,570 177,963 4,373,090 693,116 1,990,369 533,890 4 97 55 146 619 462 - revenue. Traffic expenses Transportation exp. ' 486,995 723,286 15,386 1,058,917 —40.844 26,182 —144,711 956,542 447,460 3,679,353 1,456,015 342,534 -37,180 710,239 -183,761 -2,251 —63,547 —40,020 -184,602 996.159 442,083' 3,747,314 293 2,347 2,347 2,347 520 523 -305,922 520 292 368,558 523 752,898 293 1,441.539 2,347 -79,006 292 Texas & Pacific Tot., incl. other rev. Expenses—Maint .way Maint. of equipm't. 58,302 23,075 Month of March 1920. 1919. S $ ... 262,911 6,827 499,997 2,689,079 645.480 253,751 672,332 Freight revenue. Passenger revenue 2,241,868 472,588 130,174 714,418 132,008 160,603 13,954 336,743 -35,709 5,135 EARNINGS. 153,322 3,521,079 364,196 740,852 15,264 1,475.891 1,330,777 125,764 516,063 125,175 264,883 .... 166,598 690,848 148,097 206,962 4,494 317,252 6,224,177 1,483,729 174,313 43,209 28,762 5,687 Aver, miles of r'd oper. 1,868,249 2,974,834 229,173 99,413 42,010 2,306 114,998 Net from railroad. Taxes (less war taxes). Net after rents $ 562,461 52,102 165,505 44,241 2,310,166 Net after taxes, &c_ 1919. $ 1920 1919. $ $ 1,151,646 194.018 Uncollectible Jan._ 1 to Marcji 31- of March 8,295,495 1,627,636 exp. Transportation ■Month 1920. Jan. 1 to March 31- -Month of March1919. 1920. S S Tot.exp. .incl.oth. expenses 165,485 432,975 1,639,578 222,780 30,696 43,826 3,348 102,166 Traffic Jan. 1 to March 31— 1920. 1919. 1919. 1919. 545,130 * Freight 98 3,733 314,199 -Jan. 1 to March 31- 1919. 1920. 83,797 & Pacific Shreveport of March 1920. Jan. 1 to March 31 -6 98 1,459,964 1,583,098 41,546 2,709,115 23 Tennessee -Month Pacific 14,155 472,163 66,093 68,650 2,866 268,835 85,920 113,591 6 ■Month of March- EARNINGS. 213,469 Vicksburg System 783 606 ' 323,973 40,180 60,075 4,856 123,670 485,993" 846 revenue. Union Month of March 1920. 1919. 1919. 238,155 211,776 60,591 69,400 191,787 25,655 41,569 1,230 97,312 Trafflc expenses Transit —Jan. 1 to March31- -Month of March- EARNINGS. Union Pacific 88,267 186 174 81,841 Taxes (less war taxes). Uncollectible revenue. 1919. 1920. 8 $ —Jan. 1 to March 31- 1920. $ 5,867,545 2,962,260 1,876,993 1,019.446 1,734,934 716,315] 3,115,811 620,851 710,813 36,430 1,349,453 2,593.599 529,204 9,847,624 1,744,244 548,083 27,390 1,344,122 2,207,372 104,954 4,327,255 1919. Wabash Oregon-Washington RR & Navigation Jan . 1 to March 311920. 1919. 1920. 1919. Month of March1919. 1920. $ ' $ —Month of March $ 5,333,436 2,009,445 7,692,096 1,423,501 1,733,606 79,516 4,062,156 5,301,755 2,629,512 747,368 697,380 Jan.l to March.31 1920. I 9,571.524 2,235,995 1919. $ 7,824,177 2,026,842 2,098.014 552,917 1,541,115 593,224 5,901,267 1,55? ,528 4.180.161 1.505.162 12,840,963 2,344,946 506,805 997,326 8.415,757 1,138,747 1,322,036 89,033 3,397,485 6,257,711 1,304,441 1,029,697 81,283 2,662,228 4,373,592 654.319 968,114 76,238 2,296,579 3,505,276 13,531,432 10,568,087 582,506 1,831,559 1,514,505 728,320 3,545,582 2,208,637 44,439 194,345 148,411 1,978,402 6,865,035 6,022,902 2,048,286 6,365,743 5.467,270 4,169,272 3,457,769 12,911,296 10,272,172 47,506 108,886 375.361 442,172 32,445 1,121,693 377.258 29,410 , Tot.exp.,incl.oth. 2,849,319 2,544,219 8,741,274 7^575,918 2,126,552 Net from railroad Taxes (less war taxes). 266,492 120,800 49,379 84.970 116,178 254,911 714,411 152,811 296,660 2,050,00$ 790,441 113,613 475,914 342,676 204.320 130,734 690 46 137 260 586 747 207 375.760 1,822 1.573.833 447,178 72,838 —61,588 242,553 —23,803 1,354,90$' 189,226 2,069 -214,332 —265,801 2,472 2,472 -542,298 2,472 —636,440 2.472 "" revenue. 134 581 1,106,350 367,245 1,012 Net after taxes, Ac. 145,557 -36,172 738,092 —139,423 561,553 182,909 Net aftsr rents....... Aver, miles of r'd eper. 130,893 1,946 111,008 1,946 225,313 1,946 —441,673 1,946 2il41 51,91 i 2,069 Uncollectible CONTINUED ON PAGE 15 2,141 620,136 295,915 319,202 515 Net Income Under Government Control GUARANTEED RENTAL. AS COMPARED WITH THE From tabulations the following statement prepared by the United States Railroad Administration we have compiled showing for all of the Class 1 roads—that is, all roads whose gross revenues from railway operations exceed $1,000,000 per annum—the Net Federal Income for the calendar years 1919 and 1918, in comparison with the "Standard Return," or Government Guaranteed Rental. 1 . compilation enables any one to see whether during the period of Government control any given road was operated at a loss or profit to the Government and the extent of such loss or profit. It will be observed that only in a few exceptional cases did the Government derive a profit from the operation of the roads. The Standard Return represents the average net income for the three-year "test" period, that is, the three years ending June 30 1917, this being the income which the Government agreed to pay to the roads as compensation for the use of their property. The 1919 and 1918 figures of Federal Net Income, the Railroad Administration states, have been taken from the The .1 i 1*1 . J"1 _ _"l . 1. roads, including the full details for the different for March Jl ^ AM gross i L AV _ -Net Federal Average Income— Miles 632 394 Boston & Albany Boston & Maine 2,376 301 Central New England Vermont— Central 536 172 -- Grand Trunk in New England 1,216 1,966 Central N. Y. N. H. & Hartford 415 Rutland Total 1919. of Road. Region. New England District— Bangor & Aroostook.. 1918. $ 107,731 607.177 2.232.916 1,951,199 3,577,108 1,895,400 def163,138 57.768 def871,205 def689,469 def766,51J def1,105,677 def/,211,203 def581,781 6,929,382 7,769,005 223,058 42,165 9,775,418 Revenues, A. _ i /T . expenses, AM — Average Northwestern 1,655,775 4,063,131 9,832,491 1,468,124 828,625 Chicago St. Paul M. & O Duluth & Iron Range..; 2,965,697 17,173,367 1,023,883 Duluth South Shore & Atlan. Elgin Joliet & Eastern.. . . Northern....... Mineral Range.... 148,454,277 141 264,097 1,498,327 539,640 det946,458 7,213,015 1,497,762 1,583,969 171,233 525,956 1,444,349 1,326,143 def441,538 62,593 def81,384 345.074 2,062,786 660,606 def572,922 11,685,220 1,162,282 3,917,977 549,209 3,092,962 1,633,983 2,256,504 defl 04,538 351,763 364,779 200,289 12,981,324 19,568,935 618,071 310,921 244,315 4,145,298 990,248 407,939 291,453 192,542 3,025,529 3,658,391 29,512,206 d et40,397 def2,468 342,116 1,736,088 621,916 4,499,924 322,854 1,703,180 252,395 101 Minneapolis & St. Louis..... 1,647 Minn. St. Paul & S. S. Marie 4,243 Northern Pacific... 6,593 Oregon-Washington ER. & N. 2,070 Spokane Portland & Seattle.. 538 999,942 3,748,196 8,980,219 613,261 Georgia >. Georgia & Florida Georgia Southern & Florida.. Gulf & Ship Island 237,010 128,009 6,826,810 Gulf Mobile & Northern 2,504 524,551 3,851,485 9,880,183 130,435 def319,631 def57,775 3,714,172 .......22,511 103,611,503 109,099,456 142,739,083 — ... Detroit & Toledo Shore Line- 2,259 1,002 (incl. Chicago & Erie)... Grand Trunk Western Lines. _ 97 Lehigh & Hudson River..— Lehigh & New England..... Lehigh Valley j...... Michigan Central—.— Monongahela 232 1,436 1,862 108 — .. 5,682 New York Central- Chicago & St. Louis... 674 N. Y. Ontario & Western.... 569 Y. Susquehanna & West¬ 226 ern (incl. W. B. & E.) Pere Marquette— 2,232 225 Pittsburgh & Lake Erie...... 103 Pittsburgh & Shawmut...... 63 Pittsburgh & West Virginia. . 129 Ulster 8c Delaware Wabash .' 312 93 640 Atlantic Coast Line Carolina Clinchfield & Ohio.. 4,867 Central of Georgia Charleston & Western Caro__ 1,918 Cincinnati N. O. & Tex. Pac. Florida East Coast 337 291 343 765 329 348 402 306 . Illinois Central Louisville & Nashville Ohio-Indiana District— def98,977 4,793 5,013 11,884,568 165 New Orleans & Northeastern. 204 New Orleans Great Northern. 285 906 454 422,213 317,628 9,938,697 225,895 2,637,167 1,295,141 1,648,542 1,086,651 994,294 Lake Erie & Western. Toledo & Ohio Central-..... Toledo St. Louis & Western.. 537 1,099,856 1,192,764 1,723,315 6,941 15,909,487 22,820,109 21,809,702 252 2,397 456 350 177 903 436 Wheeling & Lake Erie (incl. — ...... ... .......—. Southern RR. in Mississippi. 278 293 _ Vicksburg Shreve. & Pacific. Washington Southern Buffalo & Susquehanna ...... 297 Central of New Jersey Cumberland Valley. 685 164 570 398 122 Long Island. N. Y. Philadelphia & Norfolk Pennsylvania East 5,066,914 2,005,600 def409,326 1,408,865 447.030 455,093 2,445,212 648,692 8,042,568 5,786,456 5,431,888 5.381 1,755 1.629 Pittsb. Cin. Chic, & St. Louis 2,384 defi8,505,510 Staten Island Rapid Transit. 24 68,655 Western Maryland 698 detl31,265 West Jersey & Seashore. 361 11,927 Pennsylvania West Philadelphia & Reading _ _ — Pocahontas Region egioz Ohio Chesapeake & Norfolk & Western. Virginian Total . .... 4,940,006 113,043 6,375,183 1,848,302 254,425 3,915,059 990,008 19,952,680 4,464,444 11,298,842 2,878,717 33,941 def479,293 def 143,998 28,031,146 4,713,664 691,613 9,352,301 1,228,967 929,386 3,221,949 996,051 61,416,782 14,992,785 17,057,230 11,334,094 356,824 3,079,593 952,682 28,772,799 63.634.490 148,254,966 1 523 7,523.378 10,133,638 2,555.230 17,060,651 18,804,782 1,952,872 13,226,983 20,634,142 3,247,603 5,117 20.212,246 37,818,305 87,108,728 . ..... - ....... 7,193,131 .19,845 19,845 . 133 Western of Alabama Arizona Eastern.. 588,433 40,060,757 def244,3 95 9,444 Chicago & Alton 1,051 Chicago & Eastern Illinois..- 1,131 Chicago Burlington & Quincy (incl. Q. O. & K. C.)—... 9,621 Chicago Peoria & St. Louis 247 Chicago Rock Isl. & Pacific (incl. C. R. I. & G.)_ 8,055 Chicago Terre Haute & S. E_ 374 Colorado & Southern. 1,100 Denver & Rio Grande. 2,593 ....— Denver & Salt Lake El Paso & Southwestern Fort Worth & Denver City Los Angeles & Salt Lake. .... Northwestern Pacific.. Western Total Western.... ...— 110,740.325 102,020,896 25,428,088 def868,051 3,128,053 86,232 766,580 def115,861 5,215,538 def790,996 def529,61S 3,535,427 359,362 444,346 175,000 5,853,831 621,773 329 9,208,659 3,621,573 del612,360 def400,226 13,836,811 3,719.146 det430,238 def488,896 Total........31,599 35,055,171 55,972,636 61,588,468 ..231,889 515,817,773 685,279,511 892,855,395 Kansas City Mex. & Or. Sys Kansas City Southern (incl. . 862 T. & F. S.) 302 Louisiana & Arkansas Midland 389 Valley Missouri & North Arkansas.. Missouri Kansas & Texas.... Missouri Kan. tc Tex. of Tex. Missouri Oklahoma & Gulf.. Missouri Pacific.^ St. Louis-San Francisco St. Louis-San Fran. & Texas. St. Louis Southwestern. St. Louis Southwest, of Texas San Antonio 8c Aransas Pass. Texas & Pacific 530 1,027 1,242,475 89,867,072 8,178,315 2,946,001 — Trinity & Brazos Valley..... Wichita Falls & Northwestern Total New England district.. 25,089,199 def528,860 88,890,080 127,540 3,614 1,947 - 369 8,008 % of standard return..... 22,511 % of standard return..... Total Ohio-Indiana District.. 6,941 % of standard return 454 1,168 248 1,479,821 41.709,460 1,817,094 1,560,806 235 20,514 920 1,270,855 1,936 2,466,881 1,160 defl ,404,787 737 def1,244.673 2,189,359 def146,634 343,136 365 def664,377 1,714 4,562,769 1,796 def2,413,445 332 defJ,041,628 7,205 4,363,698 4,761 14,695,141 134 def179,720 940 3,070,880 815 def1,508,721 737 def1,141,723 International & Great North- Total Central District.. 255 3,614 Pacific.. def433,466 1,028 Oregon Short'Line... 2,348 St. Joseph & Grand Island 259 Southern Pacific (Pacific Sys.) 7,048 Toledo Peoria & Union Pacific 558 338 16,282,874 17,310,495 343,916 308,525 2,597,478 3,182,089 1,204,992 519,904 1,266,871 150,583 1,136,974 6,497,025 18,653,893 6,990 162,734 337,948 467,230 288,238 3,862,318 1,301 1,140,676 2,828,218 1,394,946 150,000 Gulf Colorado & Santa Fe Grand total all regions 378 >L Topeka & Santa Fe 480,000 10,180,915 1,627,963 3,408,809 466,921 3,541,040 2,842,842 858,622 88,000 511,457 595,883 def 61,994 1,928,596 2,854,270 1,378,645 def692,245 Gulf Coast Lines Sunset Lines (incl. H. & T. C. and H. E. & W. T.) 2,506 2,088 Central Western Region. Atch. 144,006 2,706,994 10,578,977 80,057,760 4,491,883 1,871,083 Southwestern Region. 225 Rapids & Indiana.... 171 36 . Fort Worth & Rio Grande 5,152 Bessemer & Lake Erie. — 23,201,016 2,953,450 27,945,819 4,934,790 2,355,242 5,122,061 662,348 2,862,177 28,666,681 129,296,408 142,147,069 203,449,878 Allegheny Region. Baltimore & Ohio (incl. Coal Coke).. 53,937,173 82 3,563 6.983 Tennessee Central Total Grand total, Eastern region.37,460 38,374 113 Richmond Fred. & Potomac. Yazoo & Mississippi Valley Total 1,382 Northern Alabama Southern 510,724 def184,901 187,064 14,593 163,670 64,343 2,763,900 1,867,961 10,642,549 def70,887 def536,168 454,510 1,875,153 569,354 4,475,913 Norfolk Southern Seaboard Air Line— 4,479,526 997 defl ,025,823 1,247 1,242,397 1,620,269 322 Hocking Valley. 200 Central 747,799 defl 58,387 257,750 14,751,312 def727,087 2,614,670 1,658,827 397,292 826,951 1,248.218 657 12,771,197 1,126,605 3,250,867 2,698,776 3,082,978 11,401,721 def22,.517 3,322,507 12,827,280 defl 07,154 detS 14,698 5,057,635 18,450,790 3,224,299 438 415,931 def590,707 493,591 12,981,513 def 710,545 1,444,287 171,233 det39,03b def117,097 760,549 Chicago Indianapolis & Louisv Lorain & West Virginia) Mississippi Mobile & Ohio Nashville Chatt. & St. Louis. Cincinnati Indianapolis & W. Cincinnati Northern Cleve. Cin. Chicago & St. L. Detroit Toledo & Ironton.... $ Southern Region. Alabama & Vicksburg Alabama Great Southern Atlanta & West Point Atlanta Birm. & Atlantic Louisville Henderson & St. L. Total $ 92,540,188 829 8,219 Total Entire Year. 1,652,116 411 599 ... Great Standard Return 1918. 78,422,402 289 Duluth Missabe & Northern. def185,671 6,717.880 3,501,821 def177,302 def648,908 def152,75b 864,445 996 382 62 .. Federal Incdme— 1919. 47,521 1,749 def4,271 .. 590defl ,075,870 875 2,054,575 -Net $ 12,498,939 61,009 3,933,874 2,631,520 3.824,716 12,495,342 267,704 4,781,037 12,368,069 > 10,827 238,577 3,925,862 28,317,433 4,490,859 2,694,420 Region. Chicago & North Western 8,090 Chicago Great Western...... 1,496 Chicago Milw. & St. Paul...10,647 526,883 3,276,410 7,409,600 15,749,477 310,664 456,612 15,729,068 1,076,017 519,371 1,135,761 11,318,714 8,062,127 683,086 61,739,500 2,218,857 2,103,689 Detroit & Mackinac.. Total wd Miles of Road. ■> 375,013 1,086,378 2,451,695 11,809,921 15,973,193 def89,596 34,304 916,852 467,806 1,036,370 def£, 246, 652 2,309,600 203,930 395,718 363,664 927,354 1,197,761 3,776,291 V 6,821,131 16,969,157 13,692,236 1,041,104 650,615 48,201,701 46,035,695 4.048,631 3,893,167 795,047 576,100 575,137 301 _ Delaware & Hudson. Delaware Lack. & Western Grand « &e., will find them in the issue of this publication Standard Return Entire Year. Central District— N. fl A 38,901,093 Buff. Rochester & Pittsburgh N. Y. ^ 10,227,504 8,008 - Ann Arbor Erie T 13 1920. Eastern Maine ? _ , 9,067,411 def277,560 1,644,897 6,113,737 def945,793 2,993,415 2,912,058 3,353,127 1,103,594 10,754,273 def48,318 32,677,799 def217,656 32,873,256 3,575,968 9,217,002 769,487 2,868,352 5,492,884 def961,458 4,945,206 1,824,785 2,791,315 1,485,017 10,723,916 def103,787 34,016,787 def*,3 77 35,629,321 2,604,528 15,880,681 922,785 2,481,212 8,819,377 353,290 4,145,102 1,891,386 3,414,751 1,338,000 10,204,619 873,811 86,171,854 169,740 23,670,741 1,900,350 51,973 170,121,574 182,426,498 191,978,682 11,821,976 11,247,194 detll7,399 3,681,615 def338,255 def126,023 def83,603 14,206,814 13,690,213 def332,953 3,355,749 555,165 456,684 8,503,128 4,107,432 63,158 145,245 9,775.418 10.227,504 38,901,093 25.1 26.3 103,611,503 109,099,456 142,739,083 72.6 76.4 15,909,487 22,820,109 72.9 104.6 21,809,702 Total Eastern Region .37,460 129.296,408 142,147,069 203,449,878 % of standard return.—63.6 69.9 28,772,799 63,634,490 148,254,966 % of standard return 19-4 42.9 Total Pocahontas Region.... 5,117 20,212,246 37,818,305 87,108,728 % of standard return 64.5 101.9 Total Allegheny Region.—19,845 Total Southern Region......38,374 53,937,173 110,740,325 102,020,396 52.9 108.5 78.422,402 92.540.188 148,454,277 % of standard return... 52.8 62.3 Total Central Western Region 51,973 170.121,574 182,426,498 191,978,682 % of standard return Total Northwestern Region..47,521 % of standard return Total Southwestern Region..31.599 % of standard return Grand total all regions 88.6 95.0 35,055,171 56.9 55,972,636 90.9 61,588,468 231,889 515,817,773 685.279,511 892,855,398 57.8 '76.8 % of standard return— MAT, 1920.] RAILWAY EARNINGS Western Maryland Month of March EARNINGS. Freight revenue Passenger revenue Tot., incl. other Traffic rev. expenses exp. Tot.exp.,Incl.oth. Net from ailroad Taxes (less war Uncollectible taxes) 1920. 1919. $ % % $ 78,991 Maint. of equipm't. Transportation 1919. 1,268,013 Expenses—Maint.way _ Western Jan. 1 to March 31— 1920. 1,440,572 227,799 459,408 18,911 535,048 111,921 68.928 92,817 224,208 2,750.996 230,493 1,038,405 194,030 388,269 16,649 484,407 4,180,650 745,177 1,657,999 3,253,151 692,200 1,137,135 57,380 1,551,413 234,463 40,294 46,860 5,169 79,756 124,476 1,629.178 $ Jan. 1 to March 31— N et after rents Aver, miles of r'd oper. 413,294 206,897 $ 368,294 234,827 2,674 76,912 718,808 99,949 140,052 17,232 250,121 S 27,555 50,380 Month of March 1920. 1919. $ S Jan. 1 to March 31— 1920. $ 100,455 34,777 488,705 142,964 s 304,540 100,233 649,455 80,868 142,159 8,352 258,940 222,845 43,308 23,154 141,882 44,575 24,474 759 74.659 685,176 153,487 84,385 4,260 349,729 424,485 140,713 70,294 3J221 212,957 194 78,353 1,299,516 1,133,306 4,324.554 3,592,167 166,295 536,594 519,137 180,014 152,101 639.325 447,201 141,056 —94,900 43,200 —143,904 136,400 —339,016 129,600 53.798 7,175 57,913 7,500 182,213 19,425 130,317 22,500 42,831 11,178 —10,218 50,000 45,851 33,535 —22,716 27,581 214 114 91,056 —138,100 —280,304 —468,616 46,623 50,413 162,781 107,816 31,652 —19,535 12,102 —50,412 277,542 —128,837 137,147 725 —477,740 707 51,912 53,602 —24,380 —127,697 —61,14$ 133 105,279 133 —13,795 133 162,070 133 328 328 328 7 797 707 Month of March 1920. 1919.' $ 1920. 1919. $ $ Month of March 1920. 1919. $ 318 Yazoo Jan. 1 to March 31— 1920. $ 60 1 Wheeling & Lake Erie Jan. 1 to March 31— $ 9,256 1919. $ & Month of March 1920. 1919. $ $ 619,458 115,592 2,742,939 2,000,431 269,511 902,585 61,084 578,091 50,681 2,743,026 399,260 175,140 139,804 1,847,770 471,852 1,367,730 440,067 252.934 2,361,115 696,159 537,268 33,266 903,741 1,039,053 140,682 312,473 7,823 501,279 2,084,452 490,028 688,695 19,328 1,095,591 2,423,194 445,921 524,482 21,764 882,831 1,888,063 331,728 411,886 14,870 exp. 3,335,451 568,537 610,148 64,125 1,133,267 3,208,206 368,076 952,333 Transportation 762,681 251,460 200,048 10,962 313,232 696,772 Maint. of equipm't. Traffic expenses 949,718 171,684 180,925 29,317 Tot.exp.,incl.oth. 791,694 814,516 2,528.642 2.278.869 998,378 756,756 3,003,031 2.376,454 158,024 —51,834 48.231 806,808 82,246 40,674 —59,984 57,485 134,025 66,900 53,500 205,174 193,900 —292,001 164,600 20 23 237 48 100,517 —100,089 629,544 —51,827 —26.225 —113.484 11,272 48,013 1,011 —104,987 1,011 689,645 1.031 —88,645 —51,6/5 —99,618 1.011 511 511 revenue Tot., incl. other rev. Expenses—Maint.way Net from railroad Taxes (less war taxes) Uncollectible _ revenue- Net after taxes Net after rents Aver, miles of r*d oper. 177,026 ^ | 165.642 202,674 6,421 354,460 1,745,580 j Mississippi Valley 762,642 141,136 revenue Passenger 1919. 175,305 34,197 180.665 Western Pacific EARNINGS. 1919. 1920. revenue- Net after taxes Freight $ 141,738 3,613,839 227,530 Wichita Falls & Northwestern Ry of Alabama Month of March 1920. 1919. 864,828 79,987 15 Jan. 1 to March 31— 1920. 1919. $ $ 5,407,656 3,999,565 P491.696 1,317,803 762,202 7,449,308 1,327,912 1,628,573 64,438 2,747,595 41,716 2,240,232 1,938,741 1,504,979 5,946.222 4,449,989 484,453 81,416 383,083 1,503,088 1,087,85$ 68,066 22 153 233,216 3,241 204,600 344 —456,60] 403,014 314,863 1,266,627 882,911 —64,572 —436,149 212,678 738,867' 511 511 1,381 304,043 1,381 840,885 1,381 36,572 1,554,520 1,381 5,537,845 943.048 1,204,319