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• RAILWAY EARNINGS SECTION OF THE COMMERCIAL & FINANCIAL CHRONICLE Copyrighted in 1918 according to Act of Congress, by WILLIAM B. DANA COMPANY,in office of Librarian of Congress, Washington, D.C. VOL. 107. NEW YORK, NOVEMBER 16, 1918. THIS NO. 2786. : entire publication is devoted to a presentation of the reports of earnings and expenses of United States railroads for the latest month(September)and for the calendar year to date, including said months. The table embraces every steam operating railroad in the country which is obliged to make monthly reports to the Inter-State Commerce Commission at Washington. Returns are now required only from carriers whose railway operating revenues, or gross earnings, exceed $1,000,000 per annum. Sworn Returns. The figures are a transcript of the sworn returns on file at Washington. They have the further advantage of uniformity of method and classification. Every company is obliged to make up its returns on the same basis and in the same way as every other company. , The "Chronicle" has always made a specialty of weekly and monthly Earnings reports of railroad earnings, and for nearly fifty years its weekly Our Specialty, and monthly summaries have been everywhere accepted as authoritative. The present publication is in continuation of this work. , , These Inter-State Commerce returns also make it possible for us Full Details. to present full details of both the revenues and expenses. Besides showing total gross earnings, we indicate separately the passenger and the freight revenues. In the case of the expenditures we report the outlays for both maintenance of way and maintenance of equipment as well as the traffic and transportation expenses. We also show the railway tax accruals (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. Lastly, we show the Federal War Taxes, the carriers being obliged themselves to meet these taxes out of the rental received from the Government. We conclude by giving the miles operated on which the earnings are based. Cents Discarded. The cents we have necessarily been obliged to discard altogether, and if in any case the results should happen to vary a dollar, one way or the other, from exact proof, the reason for the variance will be found in that circumstance. Company Returns To make this publication absolutely complete, we add statements at the end to show also the figures issued by the companies themAlso Given. selves, where they are made up on a basis different from that of the Commerce Commission returns, or where they give fixed charges in addition to earnings, or where they have a separate and distinct fiscal year. The matter contained in this extra and novel publication is entirely • Other Returns additional to the comprehensive reports of earnings we furnish in the Continued. . "Chronicle" from week to week. All the returns of the leading roads, and also all weekly figures of gross earnings, are printed regularly and promptly in the "Chronicle" as soon as received. But in addition we issue once a month—say about the 15th—this special publication, furnishing a sort of compendium of earnings in which we bring together all the returns for the latest month which are available. As in the case of our numerous other Supplements or "Sections," all Only for of which are expensive publications, the "Railway Earnings Section" Subscribers, will be furnished only to "Chronicle" subscribers. These will receive it free of charge, one copy going with each subscription. It will be impossible to obtain copies in any other way, as none will be printed for general sale. WILLIAM B. DANA COMPANY, PUBLISHERS NEW YORK CHRONICLE BUILDING FRONT, PINE & DEPEYSTER STREETS , s Nov., 1918.] RAILWAY EARNINGS 3 GENERAL INDEX TO ROADS APPEARING IN THIS SECTION. Page Name— 4 Alabama & Vicksburg Alabama Great Southern. See Southern_12 4 Ann Arbor Arizona Eastern. See Southern Pacific..12 4 Atchison Topeka & Santa Fe 4 Atlanta & West Point Atlanta Birmingham & Atlantic 4 4 Atlantic & St. Lawrence 4 Atlantic City 4 Atlantic Coast Line 4 Baltimore & Ohio 4 Baltimore & Ohio Chicago Terminal Baltimore Ches. & Atlantic. See Penn_10 4 Bangor & Aroostook Beaum.Sour L.& W. SeeN.O.T.& M_ 9 14 Bellefonte central 4 Belt Railway of Chicago 4 Bessemer & Lake Erie 5 Bingham & Garfield 5 Birmingham Southern 5 Boston & Maine 5 Buffalo & Susq. RR. Corp Buffalo Rochester & Pittsburgh_ _5 and 14 Canadian Pacific Lines (in Maine)____ 5 5 Carolina Clinchfield & Ohio 5 Central New England 5 Central of Georgia 5 Central RR. of New Jersey 5 Central Vermont Charleston & West Carolina 5 Chesapeake & Ohio Lines 5 5 Chicago & Alton Chicago & Eastern Illinois 5 Chicago & Erie. See Erie 7 hicago & North Western 5 Chicago Burlington & Quincy 5 Chicago Dot. & Can. Grand Trk. Jet__ 5 5 and 14 Chicago Great Western Chicago Indianapolis 86 Louisville 5 Chicago Junction 5 Chicago Milwaukee & St. Paul 6 Chicago Peoria & St. Louis RR 6 Chicago Rock Island & Gulf 6 Chicago Rock Island & Pacific 6 Chicago St. Paul Minn. & Omaha 6 Chicago Terre Haute & Southeastern__ 6 Cincinnati Indianapolis & Western ____ 6 Cincinnati New Orleans & Texas Pacific_ 6 Cincinnati North'n. See N.Y.Cent._ _ _ _ 9 Cleve. Cin. Chic. & St. L. See N.Y.Cent 9 Coal & Coke 6 Colorado & Southern 6 Colorado & Wyoming 6 Colorado Midland 6 Cripple Creek & Colorado Springs 6 Cumberland Valley. See Pennsylvania_10 Delaware & Hudson 6 Delaware Lackawanna & Western '6 Denver & Rio Grande 6 Denver & Salt Lake 6 Detroit & Mackinac 6 Detroit & Toledo Shore Line 6 Detroit Grand Haven & Milwaukee..___ Detroit Toledo & Ironton 7 Duluth & Iron Range Duluth Missabe & Northern Duluth South Shore & Atlantic 7 Duluth Winnipeg & Pacific 7 Page Name— East St. Louis Connecting El Paso & Southwestern Elgin Joliet & Eastern Erie 7 Florida East Coast Fonda Johnstown & Gloversv 7 and 14 Fort Smith & Western 7 Fort Worth & Den. City. See Col. & So 6 Ft. Worth & Rio Gr. See St. L. & S. F..11 Galv. Harrisb.& San Ant. See Sou.Pao.12 Galveston Wharf Georgia 7 Georgia Southern & Fla. See Southern.. 12 Grand Rapids & Indiana. See Penn _10 Grand Trunk Lines in New England 7 Grand Trunk Western 7 Great Northern Gulf & Ship Island 7 Gulf Colo & Santa Fe. See Atchison 4 Gulf Mobile & Northern 7 Hocking Valley 8 Houston & Texas Cent. See Sou Pac_ 12 Houston East & West Tex. See So. Pde_12 Illinois Central 8 Indiana Harbor Belt. See N.Y. Central_ 9 International & Great Northern 8 Kanawha & Mich. See N. Y. Cent.__ 9 Kansas City Mexico & Orient RR 8 Kan. City Mex.& Orient By. Co. of Tex. 8 8 Kansas City Southern Kansas City Terminal 8 9 Lake Erie & W See N Y Cent 8 Lehigh & Hudson River 8 Lehigh & New England 8 Lehigh Valley 10 Long Island. See Pennsylvania 8 Los Angeles & Salt Lake Louisiana & Arkansas 8 Louisiana Railway & Navigation Co_ 8 Louisiana Western. See Southern Pac_12 8 Louisville & Nashville Louisville Henderson & St. Louis 8 Maine Central 8 Maryland Delaw.& Virginia. See Penn..10 10 Michigan Cent. See N Y Cent Midland Valley 8 8 Mineral Range 8 Minneapolis & St. Louis 8 Minneapolis St. Paul & S S M Minnesota & Internat. See No. Pac_ _10 9 Mississippi Central_ 9 Missouri & North Arkansas Missouri Kansas & Texas Missouri Kansas & Tex Ry. of Texas.. 9 9 Missouri Oklahoma & Gulf Missouri Pacific 9 12 Mobile & Ohio See Southern 10 Monongahela See Pennsylvania 9 Monongahela Connecting Morgan's L &T RR.&SS.Co SeeSo.P.12 Nashville Chattanooga & St. Louis 9 Nevada Northern 9 9 New Orleans & North Eastern 9 New Orleans Great Northern New Orleans Texas & Mexict 9 9 New York Central 10 New York Chicago & St. Louis New York New Haven & Hartford 10 Page Name— New York Ontario & Western....10 and 14 New York Phila. & Norfolk. See Penn_10 New York Susquehanna & Western_ _ _ _ 10 9 Newburgh & South Shore 10 Norfolk & Western 10 Norfolk Southern 10 Northern Pacific 10 Northwestern Pacific Oregon Short Line. See Union Pacific 13 Oregon-Wash. RR.& Nay. See Un. Pao.13 Panhandle & Santa Fe. See Atchison 4 10 Pennsylvania Railroad 11 Pennsylvania Company. See Penn 11 Peoria & Pekin Union 11 Pere Marquette Philadelphia & Reading By.._ _ _11 and 14 10 Pittsb & L E See N Y. Cent Pitts. Cin. Chic. & St. Louis. See Penn_11 11 Pittsburgh Shawmut & Northern 11 Pittsburgh & Shawmut 11 Pittsburgh & West Virginia 11 Port Reading 11 Quincy Omaha & Kansas City 11 Richmond-Washington System Richm.Fred.&Potom. See Rich.-Wash.11 11 Rutland St. Joseph & Grand Isl. See Union Pao_13 11 St. Louis-San Francisco St.L.Brownsv.&Mex. SeeN.O.T &M_ 9 St. Louis Merchants' Bridge & Terminal. See Terminal Association of St. Louis..12 St. Louis San Fr. & Tex. See St.L.-S F_11 11 St. Louis Southwestern St. Louis S.W Ry.ofTex. SeeSt L &S.W.11 11 San Antonio & Aransas Pass 11 Seaboard Air Line 12 South Buffalo 12 Southern Railway 12 Southern Pacific Southern By. in Mississippi. See South_12 12 Spokane International 12 Spokane Portland & Seattle 12 Staten Island Rapid Transit 12 Tennessee Central Terminal Railroad Assn. of St. Louis_ _12 Texarkana & Ft. Smith. See Kan. C.So. 8 Texas & New Orleans. See So. Pac_ _ _ _12 12 Texas & Pacific Tol. & Ohio Cent. See N. Y. Cent_ 10 Tol. Peorial Z6 West. See Penn_11 and 14 13 Toledo St. Louis & Western Trinity & Brazos Valley. See Colo.& Sou. 6 13 Ulster & Delaware 13 Union RR (of Pennsylvania) 13 Union Pacific Union RR. of Baltimore. See Penn_ _.._10 13 Utah.. 13 Vicksburg Shreveport & Pacific Virginian 13 Wabash 13 Washington Southern. See Rich.-Wash_.11 West Jersey & Seashore. See Penn_ ......10 13 Western Maryland Western Pacific 13 13 Western Railway of Alabama Wheeling & Lake Erie 13 Wichita Falls & Northwestern 13 13 Yazoo & Mississippi Valley [VOL. 107. RAILWAY EARNINGS 4 INTER-STATE COMMERCE COMMISSION RETURNS FOR SEPTEMBER AND THE NINE MONTHS ENDING WITH SEPTEMBER In the following we furnish detailed figures of earnings and expenses for September 1918, as compared with September 1917, and also for the nine months ending with September in the two years, of every steam railroad in the United States which is obliged to file monthly returns of earnings and expenses with the Inter-State Commerce Commission at Washington. In cases where the September return has not yet been filed with the Commission, we give the figures for the latest previous month. It should be understood, however, that the Inter-State Commerce Commission now requires monthly reports only from roads whose gross railway operating revenues exceed $1,000,000 per annum. Prior to the taking over of the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthly returns were required from all carriers having railway operating revenues in excess of $100,000 per annum. In the closing pages of this publication-page 14-we also give the Company returns where these differ in any way from the Commerce Commission returns or embrace more facts than are contained in the latter, EARNINGS. Preight revenue Passenger revenue__ _ Tot., incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses_ _ _ Transportation exp_ Total,incl. other_ Net from railroad _ _ _ Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue_ _ _ Tot., incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses.. _ _ I Transportation exp_ Total,incl. other.. Net from railroad.. _ _ _ Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes aver. miles of r'd oper. Alabama & Vicksburg Atlanta & West Point Ann Arbor Atlanta Birmingham & Atlantic -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1918. 1917. 1917. 1918. 1917. 1918. $ $ $ $ 627.671 849,676 83,828 128,149 129,388 1,093,626 1,009,587 143,641 464,499 752,259 59,885 104,270 352,106 456,937 48,106 58,872 1,252,113 251,876 163,373 1,790,341 232,345 189,675 1,756,865 1,490,673 130,886 184,903 14,105 22,638 206,155 184,314 25,879 24,815 213,853 294,512 23,059 39,208 267,257 401,445 85,512 30,702 58,982 33,725 2,628 5,657 45,292 38,468 1,062 5,526 416,057 601,688 71.196 51,333 508,973 730,204 84,087 60.830 887,451 145,023 101,450 1,198.716 128,497 1,435,032 1,089,009 205,219 61,923 591,624 -7 3-6476-61 106,853 4T553 315,833 27,126 61,177 78,115 75.500 19,006 8.400 99,936 102,047 20,644 10,916 286,250 42732T 516,067 98,453 299,035 215.754 40,533 16,205 470,2V --12-ci---67,1 :i 91,880%W;7A 398,092 16,350 51,697 250,885 1,705 15,345 93 93 142 141 Freight revenue Passenger revenue._ _ _ Tot., Incl. other rev. Expenses--Maint.way Waint. of equipm't_ Traffic expenses_ _ _ Transportation exp_ Total,incl. other_ Net from railroad.. _ _ _ Taxes (less war taxes) Net after taxes.._ _ _ Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue.. _ _ Tot., incl. other rev. Es,penses-Maint.way Maint. of equipm't_ Traffic expenses...._ Transportation exp_ Total, incl. other_ Net from railroad_ _ _ _ Taxes (less war taxes) Net after taxes__ Net after rents War taxes Aver. miles of r'd open B & 0 Chicago Terminal -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1918. 1917. 1017. 1918. 1917. 1918. 1918. 1917. . 1918. 1917. $ • $ $ 3 3 $ $ $ 358,933 227,207 2,488,668 2,170,938 227,942 179,738 1,913,762 1,790.821 4,723 4,583 470,431 396 506 81,211 594,952 422.816 413,328 69,553 64,136 56,254 160,144 171,040 1,359,294 1,506,166 322,750 3,309.678 2,862,727 465,997 256,945 2,512,101 2,357,211 318,363 184,131 22,853 224,657 22,558 415,823 730,246 91,876 49,382 28,115 407,266 51,619 212,196 274,377 460,394 57,886 477,662 38,045 122,429 57.258 806,004 120,153 39,092 557,098 365,098 8,764 1,074 10,030 810 14.462 79,884 4,987 3,641 5,575 139,571 43,821 63.886 969,678 140,201 101,732 1,171,521 139,401 1.710.471 1,283,369 210,115 175,314 110,309 1,245,575 1,046,039 228.611 172.827 1,061,794 1.511,773 2,411.821 440.950 269,875 3.441,834 357,352 193,968 2,342,755 1,763,505 ---6-i774911 -5-:661 25,041 52,87S --1 .15 4-5-0700-6 -68,466 .-----=-1--,14-38,989 67,976 169,346 593,766 31.876 18,360 263,908. 199,168 15,700 13.700 141,300 123,300 13,100 13,100 117,905 117,900 -7-243 7 178- 66,6215 -205,68-1 9,282 39,169 -274,031 ---3-2-67806 --52,128 49,867 50,694 475,672 -5,596 67763' -13,041 307204 7,981 4 ,502 2 ,75g 40,794` --.7=6T511 310,2-7D 500 4,500 639 640 91 79 639 640 293 293 -23--.77r. Atchison Top & Santa Fe System , EARNINGS. Baltimore & Ohio -Month of September- -Jan. 1 to Sept. 301918. 1917. 1917. 1918. $ $ $ 13,576,113 9,430,315 91,774/,293 76,477,910 3.297,877 2,149,446 22,461,496 14,016,315 18,816,993 12,681,070 125042,186 98,641,567 2,502,036 1,423,641 16,948,723 11,223,351 4,490,677 2,220,066 32,080,439 18,659,267 185,132 1,554,543 1,768,929 139,039 6,902,806 5,053,428 56,803,831 39,992,703 14,449,144 9,240,567 110964.484 74,604,776 4,367,848 3,440,503 14,077, 01 24,036,791 347,166 351.880 3,642,906 3,125,882 4,020,087 -3768- ,tr c6.4 10,418.119 20,900,92g 8,918,75W 18,577,183 . -3,792,156 -2,704,0e 192,571 19,142 4,948 4,937 Atchison Topeka & Santa Pe -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 10,896,782 8,118,82181,382,129 72,676,296 3,215,715 2,691,843 28,118,879 22,413,622 15,354,828 11.829,767 118135,608103092,933 1,864,562 1,424,294 14,601,726 11,630,946 5,923,450 2,068,616 23,957,757 17,281,846 110,939 182,991 1,302,978 1,726,541 5,398,128 3,746,832 40,414,508 31,816,619 13,489,767 7,616,568 82,151,231 64,370.657 1,865,066 4,213,10 3r,r2272V8 600,296 721,592 5.085,207 5,077,518 1T64,1f490,143078-85-,574631 J0 1,7267605-3, - 4W2,15d2,073-k-6.3 165,952 113,185 1,492,943 2,761,177 8,646 8,639 Gulf Colorado & Santa Pe -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1,355,571 1,088,382 9,383,819 9,085,598 448,613 379,185 3,777,943 2,488,472 1.938,129 1,668,385 14,028,418 12,402,871 262,849 264,752 2,513,329 2,343,747 485,782 201,425 2,469,685 1,798,484 14,036 27,878 198,424 267,515 623,506 461,667 4,984,016 4,015,570 1,424,408 1,006,255 10,593,378 8,901,680 513,726 562Tf 3T436.03 -3,56T700 69,646 82.647 627.064 565,361 43-,0161 470-,87/ -278-04-,T41' -27032-,4g6 94,7-13 425-08l 2,393:071 -27456:613 906 4,666 8,650 14,666 1,937 1,937 .3-3.890,45/ Atlantic & St Lawrence -Month of June- -Jan. I to 1918. 1917. 1918. $ $• $ 150,500 59,582 773,460 23,360 , 31,425 127,748 986,133 197,384 122,364 45,071 47.780 169,199 63,385 268,154 45,031 3,644 4,180 20.851 84.486 .840,930 135631 255,655 189.492 1,336,000 -887271 -67,121 3 -07.5117 11,346 10,721 68,076 -69.843 -77.849 -4 1-7-,968 --186T16-6 --83,887 --556,448 19,985 20,514 166 166 Atlantic City Bangor & Aroostook June 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1917. 3 3 $ $ $ 348,994 231,601 2,728,792 2,512,041 651,571 78,952 92,934 590,487 614,458 114,526 456,917 344.602 3,494,758 3,306,606 926,429 608,230 - 460,100 71,819 48,302 250,935 109,291 60,475 801,067 558,860 188,309 4,054 38,040 3,730 35,777 25,545 171,049 92,441 1,415,550 1,035,855 684,589 374.408 220,937 3,014.709 2,239,446 1,192,653 82,008 1-237641 480,048 1,067,160 -266,224 17,735 22,750 159.615 142,750 64,326 -3307.556 114T771 100.914 320.270 924,384 -3-60:121 485,938 1,21T4841 2,285 . 21,495 632 632 60-76-4§ Belt Railway of Chicago -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1918. 1917. 1918. • 1917. 3 3 $ $ $ $ 187,428 151.205 1,216,804 896,944 255,286 208,371 1,775,552 1,602,032 466,542 375.099 3,152,813 2,613,391 332,985 342,529 2,937,747 2,906,285 56.289 27,450 305,613 235,355 36,751 23,144 301,048 207,833 39,323 35,636 340,506 212,919 156,984 45,153 617,463 408,404 2,712 1,350 11,637 35,535 269 , 1,3(12 3,280 12,424 193,156 183,852 1,492,291 1,287,908 226,597 136,753 1,828.186 1,370,195 28£ -T1733 254,102 2,162,594 1,783,121 422,580 213,736 2.817.463 2,061,486 i18.356 120,99t 00T21T9' 8{076 -80,5-6g-12-K7:42.-11-07406 -84-477011' 12,000 11.000 103.800 98,000 16.442 14,350 149,400 118,258 166,356 1!3 109,996 886.419 732,171 TW442'=21TW4' 2-6:5-46 148.646 i48.64 82,444705,504 .---63071-8g 12-073-81 -18,395' -10,134 170 170 31 31 Panhandle & Santa Fe Atlantic Coask Line Bessemer & Lake Erie -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 3Q- -Month of September- -Jan. 1 to Sept.:301918. 1917. 1918. 1918. 1917. 1918. . 1918. 1917. 1917. 1918. 1917. 1917. 3 S $ $ $ 3 $ Freight revenue 386,831 4&004 3,12,274 4,075,931 3,147,850 2,213,236 26,473,742 21,244,866 1,568,391 1,2547,199 9,427,712 8,74,634 Passenger revenue.._ _ 87,394 103,901 1,024,197 927,556 12,143,501 8,224,559 822,257 1,315,254 39.202 292,479 44,057 297,443 Tot., incl. other rev. 501,969 590,244 4,382,662 5,114,405 4,778.365 3,409,913 41,393,761 32,028,586 1,638,357 1,321,417 9,935,698 9,264,306 Expenses-Maint.way 103,024 38,978 622,180 445,931 4,661,139 3.771,092 797,149 656,199 107,291 189.446 877,066 1,061,738 Maint. of equipm't_ 301,381 95,108 1,196,723 967,250 846,713 574,709 7,930,008 5,390,552 369,286 230,694 2,359,647 2,184,733 Traffic .. 2,810 5,048 52.605 55,870 37,854 483,039 42,815 566,608 11,860 16,114 101,914 107,653 Transportation expenses_.' exp_ 191,153 162,574 1,612,482 1,394,935 1,928,700 1,261.406 16,864,830 11,466,415 418,953 377,171 3,257.418 2,845,584 Total, incl. other 607,293 314,026 3.684.732 3,749,542 2,430,486 3,031,757 30,966,400 22,049,301 918,272 819.960 6.566,934 6,252,001 Net from railroad__ --"724,00633;1-21i 2,032-,647 1.093,632 979.421 i0;42-7766 56- 17456.-K36877114' -3-,012-:31a Taxes (less war taxe9) -105,324 --276T2-fg18,638 196,327 245,000 161,745 222,000 1,795,000 1,719,000 345,509 16,247 -18,433 204,057 239.565 Net after taxes.. _ _ 082g 13*5 Magg 84T 756,593 470452 1:536A72 8.626,851 703,8575-07$10 "371647765 7727(Y' Net after rents -144,3 ;0 7 " -5399 4 867,77k 867,772 215,111 1.:3 928,455 82:060 8,455,471 9,188,525 '71 -871f2 561432' 56f:434 4-,120,182" -MEW War taxes .4.926 183,500 44,326 100,000 765,000 aver. miles of r'd apes. 203,500 549,093 549,093 772 709 4,843 4,783 208 208 EARNINGS. 5 RAILWAY EARNINGS Nov.. 1918.] Chicago & Eastern Illinois Central of Georgia i Bingham & Garfield 30- -Month of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 1917. 1918. 1917. 1918. 1917. 1918. EARNINGS. 1917. 1918. 1918. 1917. i 1917. 1918. S $ $ $ $ $ $ $ $ $ $ $ 11,772,823 15,118,963 1.384,935 2.179.312 7,152,773 9,314,221 817,965 Freight revenue 2,302,461 1,131,861 285,252 2,498,265 ' 304,004 328,134 2,930,467 2,538,946 428,908 380,890 4,312,356 2,847,211 Passenger revenue.._ _ 45,006 582,026 35,430 4,274 3,804 2,783.009 1,849,691 19,475,002 15,506,463 Tot., incl. other rev. 293,976 2,598,556 2,383,098 1,822.792 1.332,624 15,027,373 11,169,968 316,482 320,169 ' 165,049 2,438,816 1,702.922 208,167 2,215,032 1,697,181 Expenses-Maint.way 296,005 355,876 255,529 25,675 46,845 452,218 6,352,081 3,844,104 774,152 1,981,9871 2.690,186 Maint. of equipm't_ 218,996 291,272 352,365 407,750 32,811 45,517 244,230 214,275 24.744 25,474 357.2371 293,056 37,810 Traffic expenses.. 26,099 10,890 11,630 1,183 977 675,050 7,876,569 5.859,398 933,159 3.727.020 5,728,232 430,998 Transportation exp_ 674,849 347,361 502,445 39,729 ' 58,461 12.065,775 17,425,664 936,771 11,393,629 8,111,132 2,108,944 1,365,640 Total, incl. other_ 936,575 1,410,068 103,151 1,353,217 161,258 484.051 2,049,337 3,500.688 674,064 -T4 3,058,835 395,852 3,63-37 412723 Net from railroad..__ 190825 1,245,339 1,446,522 155,223 596,266 701,573 69,946 79,591 576,543 579,219 60.204 64.538 67,664 86,086 Taxes (loss war taxes) 7,957 9.565 413,822 1,344,267 2.901,529 594,461 334,550 3,049.780 2,479,234 346.723 --W7 Net after taxes.._ _ _ 182,867 1,159,2521,378,t 145,658 3,505,355 1,514,449 452,853 550,561 380,503' 3,024,011' 2,827,834 359,118 Net after rents 6,858 1,505,130 -r,N) -14,38. ' 162,3.)8=6 24,733 47,998 8,803 5,708 33,013 86,309 6,776 8,975 105,593 420,000 War taxes 14,685 46,666 1,131 1,131 1,918 1,918 Aver. miles of r'd oper. 36 36 1 Southern Central New England Chicago 85 North Western Central Vermont Chic Det & Canada Gr Trk Juno Birmingham of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. I 1918. 1917. 1918. S $ $ $ $ $ $ $ $ $ $ $ 421,659 4,184,230 3,652.844 9,483,158 6,501,473 62,077,491 52,886,068 615,111 545,445 Freight revenue 945,302 69,593 77,722 18,161,582 20,855,358 2.545,498 2,815,695 270,715 228,352 32,440 Passenger revenue...... 31,975 17,864 10,383 2,063 -6 468,877 4,602,209 4,103,935 13,344.958 10,062,306 91,427.090 79,494,458 Tot., incl. other rev. 597,364 851.107 93,316 1,136,923 87,112 689,962 1,794,515 1,251,706 13,620,004 10,579,050 Expenses-Maint.way 768,197 82,916 141,619 95,462 77,268 15,724 2,733 389,266 2,967,266 1.565,771 19,454,383 12,986,284 759,762 Maint. of equipm't_ 42,815 230,749 221,440 112,147 23,242 4,586 766,479 1,026,341 122,069 68.031 11,092 , 11,535 Traffic expenses...._ 1,668 7,281 9,021 658 802 1,101 Transportation exp_ 176,824 2,220,226 1.428,634 5.327,931 3,742,022 42.056,317 31,376.927 491,831 421,136 220,219 49,206 28.722 58,187,350 6,914,303 78.343,542 10.455.442 2,611,385 Total,incl. other.. 3,843,470 319,007 863,038 827,512 420,389 92.587 40,557 758.739 1,492,549 1 2,889,515 3,148,003 13.083,548 21,30-7-jZZ 149,869 Net from railroad.._ 17674 273,884 23,595 724 46,555 3.825,000 3.780,000 425,000 420.000 taxes) 169,400 160,200 Taxes (less war 17,800 A 19,000 48,284 26,493 5,032 5.728 58304 1,322,848! 2,468,653 2.722,005 9,280,132 17,475,990 Net after taxes_ 159765. Th5784. -2,897 225,600 --4,304 40,827 809,838 2,303,987 2,651,736 9,693,759 i7,285.385 171,058 82,38/ Net after rents 144,685 250,938 --8,175 --3,249 39,913 War taxes 80 8,107 8,090 Aver. miles of r'd oper. 301 301 44 27 Burlington 85 Quincy Central Railroad of New Jersey Chicago • Boston It Maine -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September1917. 1918. 1917. 1918. 1917. EARNINGS. , 1918. 1917. 1918. 1917. 1918. 1918. , 1917. ' $ S S s $ $ $ $ $ $ $ $. 64,094,481 74,098,674 6,917,774 9,986,005 20,227,766 24,473,314 2,336,717 Freight revenue 3,170,317 26,042,395 2,760,451 32,139,594 4,406,270 17,908,518 21,110,093 2,451,324 2.997308 5,383,376 694,227 5,834,119 Passenger revenue...... 2,040,982 1,926,267 14,456,287 13,113,127 743,528 Tot., incl. other rev. 7,155,549 5,239,743 51,981,266 44,106,953 4,249,786 3,297,105 33,091,906 27,774.080 14,017,204 10,295,234 104032,713 90,231,049 264,633 2,769,873 2,268,302 1,904,573 1,150,191 14,375.880 10,410,264 Expenses-Maint.way 392,810 597,062 6,600,444 4,741,704 778,330 Maint. of equipm't_ 1,117,508 858,202 , 501,283 7,081,129 4,807,666 4,271,183 1,674.006 21,617,327 13,761,024 632,820 9,327,562 6,178,615 941,831 1,300,776 138,706 88,799 282,696 236,552 Traffic expenses_ _ _ 34,420 20,302 323,757 354,058 33,773 30,800 Transportation exp_ 2,971,016 2,433,682 27,106,613 21,851,282 1,638,606 1,393,766 14,764,588 10,800,750 5,068,373 3,419,576 41,041,879 30,033,089 Total, incl.' other.. 5,082,198 3,834,724 45,026,806 34,367,037 2,995,804 2,276,911 25,685,270 18,903,538 11,763,065 6,731,819 51.569,112 58,679,059 6-3-,-600 317551,990 ,-4 ,0 701 7,406TM 8,870.542 2,25f;139 3,563,415 nNot from railroad_ _ _ - -2,073,350 1,405,019 6,054,459 9,739,016 1,253,982 550,533 4,400.308 4,116.917 491,770 191,732 1,543,639 1,451,257 Taxes (less we: taxes) 171,285 1,581,387 1,542,168 • 166,974 174,094 Net after taxes_...... 1,899,25Z 1.231-,7 5,858,246 7,414,384 1,762,369 Th,012.S81 18.063,291 2-7743T:02 T27,33 5,373,072 8,197,747 1.086,99T Net after rents 814,150 5,6gC,TC3 7,453,049 1,488,357 3,021,345 17,122,479 27,020.661 1,871,934 1,018,842 3,847,026 5,820,459 1,025156 War taxes 105,052 11,672 9,373 9.373 Aver. miles of r'd oper. 684 683 2,305 2,305 EARNINGS. Buffalo & Susquehanna RR Corp -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of July- -Jan.1 to July 311917 1918. 1918. 1917. 1917. 1918. 1917. 1917. 1918. 1918. 1917. 1918. S $ S $ $ $1 $ i 547,296 501.583 80.376 110.500 Freight revenue 271,820 2,760,940 2,229.513 384,858 139,563 1,615,468 1,215,330 181,001 97.805 64.159 18.056 8.200 719,905 Passenger revenue 632,916 51.497 54.866 102,194 5,952 94,543 6.137 748.485 800,805 122.207 163,436 Tot., incl. other rev. 416,520 3.788,750 3,321,103 148,495 1,695,503 1,203,271 529,768 190,537 74.264 9.838 79.746 11,164 Expenses-Maint.way 330,370 293,239 544,353 202,587 48,833 24,440 68,924 41.006 113,957 171.661 , 19.703 34,438 Maint. of equipm't_ 502,746 543,739 834.695 365,432 45,743 69,130 111,839 76,019 10,548 9.085 1.651 84 74,018 Traffic expenses_ _ 16,969 72.808 15,682 9,186 1,484 6,424 1.702 431.743 481.046 64.211 37.920 Transportation exp.. 679,335 45,614 191,874 2,296,250 1,679,602 408,755 267.248 69.505 643.889 756,533 97,485 85.562 Total. incl. other.. 123.632 1.592.983 1.048.942 331,408 3,863,338 2.701.637 468,542 196.430 ic=07 44.271 -247721 619,466 Net from railroad_ __ _ 24,863 07,519 244.328 61,226 , ;MI -79,587 --5,893 24.822 23.415 3.546 3.345 133.653 36.900 Taxes (less war taxes) 159,120 2.750 15,565 24.750 16,560 4.100 79,73T 20.725 74.521 - 21,158 Net after taxes_.._ 485.568 22.113 60.619 6974'74 -238.863 219.573 44,663 -9. of).3 63,4-a 18.789 -67,521 52,222 Net after rents 528,610 258,479 59,682 775- 35 -277,58V 575,567 41-Z16 --10,142 War taxes 3,360 480 • 60 60 Aver. miles of r'd oper. ' 252 411 411 • 271 EARNINGS. Buffalo Rochester ds Pittsburgh Charleston & Western Carolina Chicago Great Western -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1917. 1918. 1918. 1917. 1917. 1917. 1918. 1918. $ $ S $ $ S 3 S $ 892,071 9,396,719 8,221,815 'Freight revenue 146,230 1,476,341 1,278,227 1,269,260 197,173 1,565,430 1,187,272 12,122,711 9,617,361 2,812.120 3,614.360 412,679 464,958 Passenger revenue 306,332 490,603 127,580 1,010,411 40,770 74,541 979,569 126,652 Tot., incl. other rev 1,771,039 1,371,263 13,650,434 10,987,641 203,261 2,074,629 1,667,288 1,880,449 1,419,398 14,096,588 12,101,460 282,023 248,146 2,261,740 1,696,984 306.971 Exponses-M alnt.way 267,388 328.757 170,987 1,971,702 1,126,893 30,154 51,602 302,763 251,138 3,242.002 2,056,424 Maint. of equipm't_ 458.230 201,716 329,313 27,019 380,293 4,093,967 2,872,246 79,686 466,042 414,076 _ 47,146 313,385 Traffic 24,009 39,211 38,491 145,678 15,398 4,090 5,243 144,504 14,842 exp expenses_508.450 6,014,164 4,619,769 685,197 Transportation 598,898 963,112 489,405 6,017,603 4,219,719 74,662 123,724 706,441 9,263,313 17,321,548 1,528,564 Total,incl. other 1,105.305 139,616 1,704,168 1,141,024 266,326 1,506,424 1,090,415 12,535,744 8,638,276 314,092 1,775,039 2,838,146 351.885 Net from railroad.. _ _ _ 526,263 370.46r 1.71T4,80 2371-9,365 63,644 280,847 15,606 264.614 502,837 71,837 500,084 54,974 Taxes (less war taxes) 81,000 65.500 10,000 35,400 240,608 9,000 318,608 26,734 - T 2.326.289 241,311 1,27-1-14 Net after taxes.._ 206.839 289,299 41 2,030,553 53C:607 873,8 245,446 6,6-Z 237,880 2,024,967 rents 867,264 189,082 Net after 223,484 -2:01/5 43 44,960 313,536 1,277,246 2,678,345 7-1-1,742 _ _ 62,109 4,585 War taxes_ 342 60,891 6.765 60,891 6,765 Aver. miles of 1,496 (See also on page 14) 1.496 585 (See also on page 14) 342 342 584 EARNINGS. Canadian Pacific Lines (in Me) EARNINGS. Freight revenue Passenger revenue Tot., incl. other rev. oegt rr tnPY rat. Exi Traffic expenses Transportation exp.. Total, incl. other.. Notfrom railroad..--Taxes (less war taxes) Net after taxes...Net after rents War taxes Aver. miles of r'd oper. -Month of September- -Jan. 1 to 1918. 1917. 1918. $ $ $ 92,327 1,381,849 106,620 33,791 211,831 23,054 136,005 1,726,292 140,752 395,397 50,688 41.965 24,474 401,347 61,747 23,501 5,981 2,021 59.059 1,106,426 78,008 144,371 1,950,880 186,635 -588 W1: -8,36- -45,88A 13,500 85,500 9.500 -55,383 -21.865 -310,08 396,822 =42,259 --26.005 233 ' Sept. 301917. $ 1,534,354 227,174 1,870,659 335,008 268,627 52,817 821,600 1,522,148 348,511 73,500 275,011 177,341 233 Carolina Clinchfield & Ohio Chesapeake & Ohio Lines Chicago Indianapolis ta Louisville -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917 1918. 1917. 1918. 1917. 1918. 1917. 1918. s $ $ $ $ S i $ 507.862 5,415,049 4,633,444 721,904 5,434,292 • 3.608,076 39,081,989 31,576,542 231,689 1.799,386 1,584.930 230,361 796.736 • 9,613,783 5.624,368 1,515,491 805,405 7,904,621 6,767,002 7,339.545 4,722,017 51,900,335 39,931.740 1,043.759 626,020 877,078 79,403 109,956 638,188 6,723,536 5,123.996 926,023 150,455 2,100.382 1,208,807 293,785 909,794 12,109,133 8,030,147 1,502,000 182,129 152,001 24,345 19,350 519.218 382,991 53,993 36,340 268,400 3,274.177 2,476,944 366,620 2,514,011 1,546,510 18,780,451 13,317,469 543,168 6,630,573 4,663,792 812,974 5,123,494 3,267,662 39,187,488 28,060,008 262,237 1,274.048 2,103,210 230,785 2,216.050 -1454,354 1-27/1-27816 11,871,731 307,890 286.052 25,763 31,650 134,500 1.393.184 1.213,170 175,000 987,324 1,794.943 236,429 199,103 - 718 2, 40,911 '1,319,554 11,317;161 1-6,65 592,585 1,379,637 193,529 145,284 1,899,177 1,370,219 11,203.408 11,448,238 23.537 11,937 328,742 285,000 155,500 25,000 654 657 2,474 2,479 Chicago Junction Chicago & Alton -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. I to Sept. 301917. 1918. 1917. 1917. 1918. 1918. 1917. 1917. 1918. 1918. 1917. 1918. $ S $ S $ $ $ $ $ Freight revenue 298,045 3,067,635 2,724,454 1,779,742 1,179,245 12,370,405 10,628,582 446,959 Passenger revenue...... 541,564 4,206,502 3,579.384 30,352 329,492 569,113 216,236 33,747 268,295 2,464,417 2,420,585 Tot., incl. other rev. 280,116 335,485 3,453,235 3,012,534 2,501,247 1,837,795 17.735,340 15,259.337 488,133 291,218 466,794 40,783 63.594 ay 211,428 2,426,380 1,608,398 Expenses-Maint.w 35,445 449,648 389,995 321,766 73,053 223,459 388,577 Maint. of equipm't_ 25,152 -'51,831 400,881 4,398,106 3,007,806 57,993 952,730 816,538 469,610 114,265 11,428 6,458 1,371 Traffic expenses_ _ _ 27 358.146 253,309 40,290 • 82,880 16,709 19,462 147,642 3,863 131,625 1,797,203 1,315,274 Transportation exp_ 229,097 630,780 7,420.843 5.352,208 932,178 81,309 1,109,950 672,251 129,113 2,101,857 , Total, incl. other.. 2,723,486 229,136 352.741 204,580 2.573,488 1,725,789 2,342,898 1,322,346 14,948.945 10,697,035 331,820 318,77 39,159 -259,068 Net from railroad_ _ 515,449 2,786,306 4,562,301 879,741 1,286,745 158,348 130,961 156,31 31,989 18.495 7,267 504,084 Taxes (less war taxes) 547,811 63,918 133,200 13,400 58,194 120,600 14,800 286,770 -277,561 31.891 Net after taxes_ _ _ -11178T3' 117,49g 461-,457 -27216:683 4.055,937 -74,093 746,543 1,16(1,1111 -99,T379 606,217 93,45w 72,434 Not after rents ,232,606 --37,864 -3I:3-60,231 ' 4-2-, 2-0,675 901,742 .--1-,57 2,110 .--3200 War taxes 7,249 , -653 12 Aver. ranee of r'd oper. 1.05 1,050 283 282 EARNINGS. --7?:21 12g,07 171,16-3 RAILWAY EARNINGS 6 Chicago Milwaukee & St Paul EARNINGS. Freight revenue Passenger revenue.._ _ Tot., incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses__ _ Transpnrtation exp_ Tota:,incl. other.. Net from railroad_ _ _ _ Taxes (leEs war taxes) Net after taxes.. Net after rents War taxes Aver. miles of r'd oper. [VOL. 107. Cincinnati New On & Texas Pac Cripple Cmdc & Colorado Springs -Month of September- -Jan. 1(0 Sept. 30- -Month of September--Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. 1917. 1918. $ II $ $ $ $ $ $ 9,480,747 6.969.925 67,145,853 58,168,709 911,948 770,953 7,426,749 6,948,895 • 62,116 76,319 596,806 701,766 2,563,990 2,268,294 17,730,311 15,861,866 398.301 305,093 3,039,795 2,125,590 10,535 16,442 96.565 135,885 13,392,215 10,382,216 94,372,314 83,361,130 1,376,930 1,136,137 11,195,974 9,726,174 74,151 95,436 710,049 860,519 1,518,763 1,283,590 12,290,041 8,258,611 159,279 82,863 741,507 790,439 6,994 64,204 10.362 76,807 3,675,656 2,274,800 24,308,131 15,387,831 550,125 238,515 3,228,619 2,182,578 6,520 7,630 91,916 93,827 88,523 993,787 1,311,732 149,815 13,304 28,452 201,386 872 258,441 2,728 8,943 14.957 5,215.174 4,250,210 44,246,868 34,806,216 542,139 363,414 4,392.486 3,031,729 26,255 24,669 237,178 214,087 10,811,855 8,185,878 84,256,285 61,450,290 1,301,755 738,365 9.072,291 6,454,237 41,476 50,066 429,081 427,326 2,580,360 2.196,3M 10,116,029 21,910,839 76J76 397,772 2,123,683 3,271,937 • 32,676 45,370 280,968 433,192 597,820 4,642,015 4,613,450 514,810 38,250 41,500 342,999 362,900 6,925 4 107 66,209 29,571 2,065,297 1497,034 5,430,146 17,279,271 36,918 356,270' 1,779.932 2,908,926 25,748 41,262 214.754 403,620 1,323,395 1,878,611 4,939,322 15,697,894 94,000 444,156 2,300,601- '.3,798,1i36 20,7-0-8 41,283 205,188 367,323 31,385 282,471 53,925 337 10,304 10,280 337 116 86 Chicago Peoria & St Louis -Month of September- -Jan. 1 to 1918. 1918. 1917. $ $ $ Freight revenue 158,363 1,348,067 140,858 Passenger revenue.._ 197,547 29,477 24,958 Tot., incl. other rev. 180,564 197,074 1,636.831 Expenses-Maint.way 253,862 21,508 39,981 Maint. of equipm't_ 44,120 144,236 585,176 Traffic expenses_ _ 2.631 37,613 5,970 Transportation exp -.. 92,147 894,340 86.488 Total,incl. other_ 163.975 1,832,669 281,945 Net from railroad_ _ _ _ -101,381 33,098 -195,837 Taxes (less war taxes) 68.603 7,400 ' 60750 Net after taxes 26,348 -264,441-108,781 Net after rents 105,627 20,090 -306,907 War taxes Aver. miles of r'd oper. 247 255 EARNINGS. Coal & Coke . Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1917. $ $ $ X 3 1,298,974 119.670 82.439 825,733 759,273 217,567 23,674 24,461 195,243 172,041 1,593,751 147,807 112,558 1,061,414 970,918 192,490 41,183 25,404 265,114 187,984 346.756 42,472 25,572 383,565 239.951 53,917 500 827 12,306 10,360 679,667 52,717 42.056 494.823 373,748 1,326,192 139.873 97.031 1.194,010 838,630 267,559 7,934 15,526 -132,596 132,288 71,489 5,000 6,000 45,000 48,000 196,051 2,934 9,526 --177,596 84,288 150,125 4,009 19,242 --101,522 180,219 Chicago Rock Island & Gulf 197 197 Colorado & Wyoming -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1917. 1918. 1918. 1918. 1917. 1917. 1918. 1917. S . $ S $ $ $ $ $ Freight revenue 209,276 2,227.530 1,951,655 276.320 21,087 31.670 253,279 306,759 Passenger revenue...... 595,760 833,567 98,506 2,229 83.989 2,563 21.654 22,727 Tot.. incl. other rev. 317,161 3,257,297 2,738,445 392.032 84,614 95,547 836.603 905,690 Expenses-Maint.way 444,486 378,600 40,197 56,703 13,059 6,961 88,977 77,371 Maint. of equipm't. 383,874 518,107 17,424 41,455 49.069 13,139 144,840 127,039 Traffic expenses_ _. 92,403 68,804 153 9,644 5,119 123 1,232 1,134 Transportation exp.. 904,890 42,639 94,628 1,222,666 144,950 30,949 363,936 291,642 Total,inel. other.. 1,852,988 ,365,634 77,578 196,449 270,266 55,024 637.955 534,327 Net from railroad.. _ _ _ 885,456 121.76 8I, 62 7.036 120,711 40,521 198,648 371,368 Taxes (less war taxes) 102,828 118,393 13,207 13,154 4,500 4,100 34,440 32,077 Net after taxes., 772,485 107,471 782,067 108,162 2,536 36,423 164.194339,285 Net after rents 767,781 115,558 865,01-6 108,297' -678 32,961 140,674 303,476 War taxes 2,654 24,087 Aver. miles of r'd oper. 474 479 42 42 Chicago Rock Island & Pacific Colorado & Southern System Delaware & Hudson -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. $ $ $ $ 3,229,945 2,276,888 22.540,378 18,831,421 332,257 318,453 2,100,336 2,358,359 3,768,930 2,733,263 26,082,585 22,398,163 306,005 223,791 2,589,508 1,964,738 613,243 500,722 6,309,303 4.464,047 20,148 22,735 202,386 235,904 1,484,046 1,141,116 12,267,624 9,263,358 2,517,691 1.977,737 22,317,062 16,830,518 1,251,238 755,525 3,765,522 5.567,644 58,275 86,055 673,820 609,415 1,191,681 66074 6d 3,089,674 -4,955,276 172107i-47 644,102 -3,028,996 4,878-MS 902 I 902 Delaware Lackawanna & Western -Month of September-. -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 5 $ ' $ $ 4,501,871 3,414,595 36,225,016 31,192,772 1,370,827 933,883 8,230,297 6,901,185 6,540,659 4,926,045 49,736,310 42.701,467 516,769 387,588 3,553,049 3,433,701 1,130,301 715,574 9,707,558 6,419,087 36,734 72,344 544.882 718,347 2,349,236 1,789,395 20,987,653 15,608,682 4,187,000 3,104.496 36,091,497 27,348.128 2,353.658 1,821,549 13,644,812 15.353,224 234,660 231,866 2,111,944 2,086,794 27f13,804 ,589,558 13,261726S 2,148,225 1,641,775 1r7 T603' 13-0-260.05r 64,039 30,003 576,355 240,000 955 955 n.513,806 Denver & Rio Grande -Month of September- -Jan. 1 to Sept. 30Colorado & Southern -Month of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ S 1918. $ 1917. $ 1918. 1917. Freight revenue 6,211,279 4,589,729 47,384,050 41.364,632 878.383 660,466 6,969,797 5,999,617 2,448,682 1,900,084 17.163,106 15,808,878 Passenger revenue...... 2.798,250 2,306,755 20.325,385 16,045,314 213,698 215,893 1,604,985 1,403,909 575,346 507,680 3,821,211 3.438,608 Tot., incl. other rev. 9,758,725 7,469,876 72,620,188 62,259,983 1,163,865 937,605 9,151.464 7,955,161 3,227,953 2,585,692 22,289.450 20,619,524 Expenses-Maint.way 1,424,884 931,127 10,199,479 8,186,742 146,139 80.368 1.060.035 761,517 • 504,554 330,809 3,141.494 2,601,314 Maint. of equipm't_ 2,134,673 1,350,100 17,712,986 12,231,684 247.552 163.776 1,985,720 1,359,588 731,054 409,276 5,813,128 3,667,771 Traffic expenses__.. 928,864 1,229,368 139,246 76,825 6,428 10,079 79,996 101,930 15,419 40,686 222,463 359,269 Transportation exp_ 3,705,476 2,649,403 30,963,640 23,404,362 389,892 270,234 3,280,505 2,391,946 1,018,668 829,720 7,960,178 6,465,368 Total,incl. other_ 7,561,376 5,267,053 61,866,380 46,911,574 831,526 557,096 6,771,401 4,899.200 2,369,873 '1,733,813 17,983,970 14,006.297 Net from railroad_ _ _ _ 2.197.348 2,202.823 10,753,807 15.348,409 332,338 380,508 2,380.062 3,055,960 858.079 851.874 4,305.480 6,613,2W Taxes (less war taxes) 328,127 3,084,629 2,831,301 366.020 47,000 103.000 423,000 462.737 105,000 110,000 955,000 871,010 Net after taxes 1,830,739 1,87276U 7.661,204 12,498,410 285,275 277,521 1,956725'2- 2,502,216 752,802141,835 3,347,61-7 --5,741,016 Net after rents 1,755,937 1,821,078 -6-,15 ,073 11,926,965 275,672 258,915 1,907,806 7,518,250 7 781,008 5,113 3,945,960 5,727,77S War taxes 186,652 4,088 36,088 10,000 90,000 Aver. miles of r'd oper. 7,822 1,100 7,735 1,102 2,651 2,588 Fort Worth & Denver City Chicago St Paul Minn & Omaha Denver & Salt Lake -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. I to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ $ $ $ $ $ $ $ S c Freight revenue 1,639,273 1,253,312 11,864,052 10,017,648 522.639 357,666 3,825.886 3,128,025 173,993 149,923 1,295.095 1,212.646 Passenger revenue..._ 627,777 4,677,519 4,268,737 630,472 184,587 169,140 1,477,088 1,171,531 36,755 36,271 240,918 272,204 Tot., incl. other rev. 2,406,687 2,030,651 17,739,388 15,599,804 728,311 558,589 P5,548,259 4,559,699 217.567 194.450 1,592,498 1,538,623 Expenses-Maint.way 260,669 2,065,059 1,907,548 300.504 82,546 38.028 552,448 428,911 71,701 30,964 506,200 299,650 Maint. of equibm't_ 263,651 253,836 3,308,669 2,203,170 427,775 91,138 1,324,234 804,630 83,919 578,203 36.674 412.642 Traffic expenses_ _ 257,436 197,370 28,227 15,129 3,283 7,491 46,800 69,135 933 1,342 8,987 20,582 Transportation exp.. 852.212 8,525,112 6,454,531 , 275,826 958,569 155,425 2,241,323 1,327,882 128,778 84,869 816,641 778,575 Total,incl. other.. 1,768,977 1 456;785 14,689,081 11,360,765 650,254 312,385 4,391,770 2,817,062 289,770 157,513 1,946,321 1,555,638 Net from railroad_ _ _ _ .0-39, 573,866 "3,0.50,306 4,23g637,709 246.203 1,156.488 1-,142,637 =172-7202 36,931 --353.822 --177611 Jraxes (less war taxes) 979,778 942.244 137,582 154,910 19,800 24.009 190,089 181,509 9,000 8.250 81,020 74,250 Net after taxes 482773434,182 2,068,10 .'3,290,374 58.239 222,186 96672234 -17561,044 --81,202 28,687 -434,853 -9172-76' Net after rents 444,036 --52,717 4 W6 -31 '2,110,881 3,230,73-5 248,989 1,062,420 1,837,948 -===06 24.060 --4-5328 -114,422 War taxes 3,345 6,360 50,490 59,050 50,490 Aver. miles of r'd oper. 1.749 ' 1,752 454 454 255 255 Trinity & Brazos Valley Chicago Terre Haute & Southeast Detroit & -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- Mackinac -Jan. 1 to Sept. 30EARNINGS. 1917. 1918. 1917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ S $ S $ $ $ $ $ Freight revenue 304,257 3,362,721 2,514,420 491,827 68,311 85.466 615.585 540%972 89,591 73,737 829,063 667,606 Passenger revenue 191,562 20,046 159,936 25,340 17,937 15.654 119,733 102,580 38,180 31,805 248,184 254,992 Tot., incl. other rev. 3.631,105 2,742.054 332,842 525,206 107.961 97.555 836,334 706,185 137,297 115,754 1,153,359 Expenses-Maint.way 999,156 43,143 425.749 320,048 68,405 34,386 25,308 230,703 219,158 24.057 15,536 191,197 125,376 Maint. of equipm't_ 98,721 1,269,414 642,502 155,110 91.453 28,008 365,423 292,509 35,474 21,452 265,158 210,533 Traffic expenses_ _ _ 2,171 35,890 7,188 41,793 1,475 2,524 16,818 22,672 2,436 4,128 21,002 21,797 Transportation exp_ 940,516 108,208 1,350,275 139,252 54,352 40,493 438,878 357,143 52,248 45,415 500,048 584,180 Total, incl. other.. 268,481 3,187,770 2,041,903 375,316 189,930 103,823 1,124,933 959,589 120,361 90,446 1,027,225 778,40 Net from railroad..__ _ 443.335 64,361 700,150 --81,969 149,800 --6,267 --288,599 -253,402 16,935 25.301 6.1-34 220,a-6 Taxes (less war taxes) 17,785 130,500 133,642 14,500 6,580 6,580 58,638 47,860 8.000 • 9,178 72,210 73,451 Net after taxes__ 46,57S 554.789 -88.552 -12,847 -347.395 --301,284 135,390 312,835 8,935 16.129 527342 46,853' Net after rents 626,411 1,038,730 -84,376 90,811 133,78-g -9,213 -298,154 --6U6 13,6T6 42,274 116,20f 217,006 taxes War 18,000 12,214 12,214 2,000 Aver. miles of r'd oper. 374 374 368 368 381 384 EARNINGS. Cincinnati Indianapolis & West Colorado Midland Detroit & Toledo Shore Line -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September-Jan. 1 to Sept. 30- 4 1917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ a X $ $ $ $ $ $ Freight revenue i 134,091 1,713,796 1,383,683 231,178 9,078 165,127 844,051 452,340 172,863 125,645 1,429.068 1,361,521 Passenger revenue..._ 62,482 410,622 425,019 50.669 125 20,231 102,464 86,835 Tot., incl. other rev. 206,478 217,227 2,333,978 1,997,149! 9.163 194.828 991,010 527,201 177,370 127,082 1,446.461 1,379,787 Expenses-Maint.way 44,171 24,834 334,739 248,031 21,788 44,084 301,081 167,440 14,409 6,773 98,414 • 72,151 Maint. of equipm't_ 41,086 68.070 680,707 332,753 12,655 23.646 197.880 96,317 19,092 13,759 172,816 Traffic _ 99,511 7,829 5,008 59,644 61,967 1.132 7.009 40,181 27,174 1,093 2,660 15,285 Transportation 16,612 expenses_exp_ 86,916 1,114,690 118,058 841,595 11,839 86,198 598,535 255,506 43,782 40,909 491,779 430,614 Total, incl. other,. 247,231 168,096 2,290,991 1,556,501 50,777 166.368 1,183.509 567,167 81,870 67.569 813,486 649,597 Net from railroad_ _ _ _ 59,246 41i7 49,131 440,648 -41,313 28.460 --192.498 10,03A 95,499 50,513 "612,975 7307194 Taxes (less war taxes) 12,166 10,679 91,500 91,494 6.863 6,780 61,775 27,122 71,050 7,000 116,049 65,554 Net after taxes i 48,566 3-679 -6K -48,5 3 349453 -48.408 21,680 -254.503' -17,05k 24,449 52,513 5T67025 66LM9 Net after rents 54.494 39,989 --49,230 355,015 --39,934 18,615 --221,655 -15,17 ],Oi1 28,921 241,813 302- 74 War taxes 1,314 11,037 Aver. miles of r'd oper.I 321 321 337 337 80 80 EARNINGS. 7 RAILWAY EARNINGS Nov., 1818.] Detroit Grand Haven & Milwauk Elgin Joliet & Eastern Detroit Toledo & Ironton El Paso & Southwestern Galveston Wharf 30----Month of July- -Jan.1 to July 31- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 1917. 1918. 1917. 1918. 1917. EARNINGS. 1917. 1918. 1917. 1 1918. 1917. 1918. 1918. $ $ $ $ Freight revenue 183.000 1,262,000 1.353,872 1,734,582 1,213,317 12,215,953 11,080,811 203,000 1W120 Passenger revenue..._ 11 15 242.000 261,910 31.000 ' 49,000 862,709 790,490 98,941 72,878 Tot.,•incl. other rev. 274.888 1,759,411 2,015,443 2,005.230 1,306,638 14.238.426 11,890,099 265,944 9.7308.618 649 826 Expenses-Maint.way 129.514 1,395,209 1,066.695 142,462 255,742 233,682 45,392 35.893 10.207 11,440 1,012 1,409 2,924,806 3,428,610 Maint. of equipm't_ 240,687 664,524 370,280 297,299 43,326 58,359 2,604 3,345 421 230 73,309 61,233 7,653 Traffic expenses__ _ 37,746 5,885 30,413 6,025 4,085 \ 245,887 257.007 19,643 22,926 445,160 5.330.688 4,042,306 Transportation exp.. 662,414 166,228 1,227,239 1,163,823 161,507 478,254 497.645 41.955 52,020 850.662 10,435.924 8,339,382 'Total, incl. other_ 267,885 1,918,265 1,797,403 1,479,135 267,006 a3'4-,Trg 292,844 56,986 20,857 455,976 3,802,502 3,550,716 526,095 Net from railroad _ _ _ 118,040 7,002 --158,854 --1,062 108,183 109,700 32.069 11,800 464,061 456.955 81,216 50,772 24.108 Taxes (loss war taxes) 25,340 3,620 3,444 276,272 183,144 24,916 9.057 374,759 3.345.544 3,086,593 475,322 91,827 Net after taxes_ __ _ 3,354 --183,373 --4.54.i .. 276,271 186,764 24,916 9,057 271,188 2.788,074 1,727,001 477,336 Net after rents 35,304 -498,215 -233,344 -66,874 9,600 1,769 1,300 War taxes 13 13 • 804 Aver. miles of r'd oper. 807 190 190 -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1917.. 1918. 1917. 1918. 1917. 1918. $ $ $ $ $ $ $ $ 757.575 8,758,037 7,928,967 Freight revenue 967,434 231,216 2,161,582 1,997,954 366,528 189,323 1,879,664 1,848,024 Passenger revenue.._ _ 263,323 121,334 106,234 17,631 15,766 Tot., incl. other rev. 274,024 2,409,857 2,233,134 1,282,267 1,005,590 11,127,133 10,305,852 397,454 Expenses-Maint.way 955,918 94,392 1,008,889 100,161 86,058 265,2911 36,289 ,492.821 Maint. of equipm't_ 119.997 1,665,645 1,217,379 180,894 684,436 326,7871 46,114 75,767 _ 184.891 128,927 Traffic 21,328 8,185 4,561 36,992 2,791 41,2751 exp.. expenses..." Transportation 272.551 3,140,454 2,759,634 292,729 135,157 1,309,497 1,198,2641 171,239 5.448,715 Total,incl. other_ 6,291,076 544.598 608.216 231,400 2,632.006 1,904,895' 347,172 460,992 4,836,056 4,857,137 Net from railroad_ _ _ _ 328,239 674,051 42,624 -222,149 50,282 347.785 578.868 38.642 Taxes (less war taxes) 110,985 75,600 80,100 8,400 8,900 Net after taxes_ 422.301 4.257,018 4,509,186 252,088 34,220 --302,402 41,382 4,261,274 4,231,435 415,805 Net after rents 564,828 119,624 19,617 * --456,351 23,478 War taxes Aver. miles of r'd oper. 1,028 1,027 463 457 EARNINGS. 5076-6--1 Erie System Duluth & Iron Range EARNINGS. Freight revenue Passenger revenue_ Tot., incl. other rev. Expenses-M aint.way Maint. of equipm't_ Traffic expenses...Transportation exp_ Total,incl. other.. Net from railroad_ . Taxes (less war taxes) Net after taxes_ Not after rents War taxes Aver. miles of r'd oper. -Month of September- -Jan. 1 to Sept. 30-Jan. 1 to Sept. 30-Month of September- 0 1917. 1918. 1917. 1918. 1917 1918. 1917. $ 1918. $ $ $ 39,321,428 47,198,517 4,624,443 5,085,160 6,204.378 923,149 6,973,262 1,209,908 184,371 915.387 8.546,128 7,395.868 923,209 170,890 17,961 17,603 1,25 ,257 1,028,756 7,311,283 5,452,401 8,096.843 6,181.140 61,953.958 52.322,966 878,023 1,053.809 756.653 8,154,647 5,001.549 895,921 103,567 75,216 684,719 2,548,709 1,438.495 21,837,205 12,612,032 795,833 91,443 98,613 881,999 679.532 103,608 14,283 1,554 54,075 7,073 525 237,908 1,687,020 1.450,759 3,797,574 2,710,400 31.565.251 23,621,749 234,016 455,802 3.508.463 3,191,651 7,688,041 5.182,043 64,128,707 43.604.277 419,727 999.097-2,174,748 8,718.689 572,954 3,802,820 2,260,70 408,802 830,529 224.485 2,092.526 2,020,365 411,900 358,940 98,004 236,897 62.427 474,949 3,390,412' 1,901.809 772,564-4.272.444 6,681.432 170,996 768,043 473,092 3,477,427 1,897,423 900,746-3,163,636 7,423,987 761,242 139,468 284 269 • Duluth Missabe & Northern EARNINGS. Freight revenue Passenger revenue.... Tot., incl. other rev. Expenses-Maint.way Maint. of equipm'tTraffic expenses.. Transportation expTotal,incl. other.. Net from railroad_ Taxes (less war taxes) Net after taxes....._ Net after rents War taxes_ _ Aver. miles of r'd oper. -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. $ $ $ $ 3,259,743 2,226,569 15,712,256 10,418,735 34,271 332,023 38,713 298,434 3,402,821 2,377,745 16,730,437 11,311,302 149,316 1,421,818 1,338,076 153,181 102,162 1,286,459 200,262 984,967 3,152 2,399 27,041 28,504 442,130 2,845,047 2,290,463 456,137 76%016 5.967,902 5,031,785 854,934 -2,547,886 1,609,729 10,762,535 6,279,516 125.539 171,763 913,003 649,997 21 1,484.189 9,849,531 5,629,519 2,376717 2,379,497 1,478,672 10,039,002 5,719,610 983,595 1,104,720 410 413 Georgia Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. s s $ $ 276,871 2.895.646 1,857,146 451,958 748,405 279,857 104,550 1,520,430 411.982 4,722,131 2,817.621 775,184 245.781 351,657 26,414 54,114 445,543 634.820 56,276 170,248 124,454 72,088 15,760 5,213 137.591 1,888.209 1.123,117 250.400 244,667 3,067.513 2,022,312 495,692 91T3-6-4 7 167,31g 1,654,618 279,492 52,949 57,212 6,178 5.950 742,213 161.115 1.597,263 273,522 855,672 281,473 • 172,231 1,533,163 328 328 Grand Trunk Lines in New Eng. Month of September- -Jan.1 to Sept. 301917. 1918. 1917. 1918. $ 8 $ $ 478,500 265,305 103.812 38,148 705,664 387.621 155,966 48,624 112,440 34,568 4,910 2,140 333,020 122,962 663,471 255,929 42.193 131,611 45.000 . 15,000 --2,806 116,691 -128.690 50,899 172 1,989 Grand Trunk Western Chicago & Erie Month of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 8 $ 8 $ i $ $ $ 958,592 574,588 6,292,168 5,473,906 1,382,653 729,826 251,931 265,392 441,959 590.994 52.588 89,552 669,347 7,587,908 6.455,151 1.796.655 1,341,045 944,702 210.745 220,784 592.229 81,694 1.358,094 114,951 241,585 832,001 467,874 93.420 1.545.918 138,565 31,662 20,278 176.729 126,725 26,573 9,109 651,484 678,762 356.255 3,904,777 2.99,716 432,007 1,180,389 1,420,890 4.760,845 7,151.379 578,316 719,995 160,656 375,764 436,529 1.694,306 191,03(1 224,707 51,278 48,227 281.475 329,475 31.275 36,608 109.162 327,536 1,412,831 107,008 59,755 188,098 350,06-3 -68,207' --47,481 -145,410-1,853.080 -583,699 1,989 •=1•1• 269 269 1,023 1,023 Duluth South Shore & Atlantic Florida East Coast Great Northern Duluth Winnipeg & Pacific Fonda Johnstown & Gloversville Gulf & Ship Island East FA Louis Connecting Fort Smith & Western Gulf Mobile & Northern -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- ,-Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1918. $ $ $ $ $ $ 4 $ $ $ S 8,769 8,715,708 6,007,869 51,002,998 46.857.163 350.894 240,292 2,603,995 2,238,000 .1 Freight revenue 241,029 3.839,362 3.26. 278,334 Passenger revenue 98.816 110,111 795,712 126,642 1,996,751 2,080,939 1,564,385 1,622,702 11,749,106 11,708.344 768,421 151,782 Tot., incl. other rev. 485,978 383,124 3,602,972 3,260,141 440,338 6,722,305 6,305.285 10,967,706 8,382,072 68,566,615 64,759.846 508,426 Expenses-Maint.way 951,351 12,617,338 9.387,459 84,246 598,756 1,662.936 798,396 62,932 59.625 615,010 732,678 108,849 Maint. of equipm't_ 951,037 13,042,738 8.957,066 102.186 741,340 1,972,971 416,192 50,737 87,880 1,061,647 555,834 221,534 987.927 636.283 Traffic expenses..-.. 110,781 78,205 4.916 47,141 90.905 8,156 67,130 ilk Transportation 5,436 63.850 5,027 exp. 224,244 160.166 1,730.956 1.378,622 186,274 2.760,555 1,821,013 3,797,183 2,844,470 30.469.928 22,476.844 317,110 other_ incl. Total, 429.686 297.303 3,204.643 2,595,518 335,713 4,774,398 3.286,012 7.687,114 5,058,586 58,618,681 43,427,737 657,466 Not from railroad_ _ _ _ 56,291 664,623 -149,040 85.820 104,624 1,947.907 3,019,273 3,280,591 3,323.486 9,947,933 21,32,109 398.329 696,380 4,375,017 4,132,262 Taxes (less war taxes) , 19.000 363.926 19,500 496,177 333,798 53,501 180.270 -4,057 143.699 taxes Net after 37,291 66.320 50.885 1,612,610 * 2,654,907 '2,783,789 2,626,451 5,567,421 17,196,213 520,909 -1-44:989 218.035 . rents -6 9 -077 Net after 3-672W') 0 2,786,901 2,623,232 7,020,842 17,3 1 =-71- 51,242 4113707 58,262 39,565 1,495,538 2,523,2 163,60r War.taxes 49,333 -3,803 Aver. miles of r'd oper. 8,260 601 .601 765 8,257 764 EARNINGS. -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 50- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1918. 1917. 1917. 1918. 1917. 1917. 1918. 1917. 1918. 1918. $ $ $ '$ $ $ $ $ $ $ $ $ Freight revenue 104,673 170,462 1,342,794 1,257.974 217,556 148,052 265,799 1,032.223 1,341,603 124,361 24,236 43,138 306.977 Passenger revenue...._ 482,170 18,600 51.466 542,685 58,721 202,242 214,162 537,079 21,026 65,917 68,218 Tot., incl. other rev. 126,056 234,995 1.974,730 1,665.758 805.951 226,242 843.017 95,622 150,014 1,267.889 1,595,931 116,327 Expenses-Maint.way 240,342 363.668 22.759 30,593 73,135 82,232 8.239 52.516 195,208 158,648 22,478 10,514 Maint. of equipm't_ 233,864 356,549 26,900 29.419 61,416 37,155 218,595 70.499 21,963 6,159 202,135 9,028 Traffic expenses..._ 29,565 33.623 3,556 3,288 7,166 2,742 24,923 5.632 2,638 24,169 533 723 Transportation exp.. 496,586 616,288 59,844 .64,288 251.161 284,412 77,399 633,234 693,359 68,669 29.016 35,776 Total,incl. other_ 120,107 136,183 1,492,138 _1,075,104 178,368 448,839 502,711 49.703 127.634 1,128,434 1,148,428 63,188 ' 98,812 590.60 482.591 5,949 Net from railroad_ _ 357,11 47,87 447,502 340,305 45,819 139.455 22,379 53-,Tg3 94,540 . 113,550 8.607 24,858 Taxes (less war taxes) 10,443 40,500 33,300 71,322 88,559 4.200 12.387 4,500 .. 476,61T 387,550 Net after taxes........ 2,651 73,952 323,811 37,429 58,943 299,805 68,133 9,991 41.719 48.638 524,21T 369,354 4,875 Net after rents 72,347 292,162 3g:(37-6 .596 122,850 341,595 37,842 -26-0 14,514 44,67-0 0,947 2,723 War taxes 1,631 25,816 Aver. miles of r'd oper. 175 307 88 (See also on page 14) 307 175 as EARNINGS. -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1917 1918. $ $ $ $ Freight revenue 177,353 1,31,492 1,385.677 168,628 504,857 626.887 60,294. 76,412 275.480 Passenger revenue...311,460 32,424 44,068 188.487 223,854 29,642 30,396 Tot., incl. other rev. 113,350 218,139 1.771.374 1.713.141 224.578 762,887 97.807 924,660 776,827 88,411 836,675 113,971 Expenses-Maint.way 232,332 280,862 23.878 14,775 160,179 47,588 13.837 153,339 9,266 110.848 63.460 15,005 Maint. of equipm't_ 288.959 371.397 29,202 37,022 200,701 50.988 62,844 245,660 22.668 14,093 149,403 27.767 Traffic expenses__ _ 35.953' 42,108 271 4,574 4,583 27,482 2.681 26,902 2,711 226 2,075 3,343 Transportation exp. 527.513 697.851 63.352 83,860 81,387 246,066 27.522 458,829 340,837 56,382 645,538 39.480 Total, incl. other.. 136.949 1,475.815 1.162.842 130,823 193,480 679.780 71.623 822,042 611,637 83,033 946,047 91,485 Net from railroad_ _ _ _ M0,24 295,558 81,190 -17,473 fl1.'77117 1=109,372 31,038 83,106 26,184 102,618 165,189 22,486 76.182 102.309 8.825 Taxes (less war taxes) 11,004 2,000 33,800 42,000 3.600 19,990 16,291 1.652 4,500 Net after taxes...-. -19,473 77-17B "=-1207165 474,10), 193.231 72.363 20.025 49,293 60.523 11 22.584 148,0A 17,89 * rents 606,089 Net after 253,707 8,243''b.643 29,649 --1O332' --243,700 30,591 23,881 116,068 -23,238 22,284 War taxes 1,870 Aver. miles of r'd oper. 402 3 402 3 253 253 EARNINGS. 8 RAILW4Y EARNINGS [VOL. 107. a Hocking Valley Kansas City Terminal -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ Freight revenue 897,670 8,493,209 6,673,408 Passenger revenue_ _ 1,298,584 101.105 89,580 765,607 714,730 Tot., incl. other rev. 113,615 91,304 918,586 836,763 Expenses-Maint.way 1,490,827 1.082,798 9,823,592 7,924,149 156,591 91,323 1,072,150 692,713 19,458 9,793 114,081 73,140 Maint. of equipm't_ 564.117 204,033 2.779,020 1,669,399 31,170 14.266 188,612 125,960 Traffic expenses__ _ 6,229 66,662 9,875 81,532 • Transportation exp481,017 352,306 3,638,708 2,632,781 69,267 33,371 464.942 321,982 Total,incl. ether_ 1,230,171 684,762 7,754,271 5,258,776 121.459 59.082 780,738 541,217 Net from railroad_ _ _ _ 260,655 398,035 2,069,320 2,665.373 --7,843 32,221 137,848 295,546 Taxes (less war taxes) 54,025 462,000 56,000 461,175 18,264 18.536 168.795 164,868 Net after taxes__ _ _ 206.630 342,029 1,608,031 2,196,654 -26.10S 13.682 --30.946 130.488 Net after rents 169,597 345,319 2,107,210 2,817,576 147,524 175,950 1,681,675 1.636,207 War taxes 66,850 90,000 105 7,963 Aver. miles of r'd oper. 349 349 24 23 EARNINGS. • Freight revenue Passenger revenue Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses Transportation expTotal,Incl. other_ Net from railroad_ __ Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue.._ Tot.. incl. other rev. Expenses-Maint.way Maint of equipm't. Traffic expenses__ _ Transportation exp. Total,incl. other_ Net from railroad_ _ _ _ Taxes (loss war taxes) Net after taxes_ _ _ _ Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Isasenger revenue__ _ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipin't Traffic expenses_ _ _ Transportation exp. Total,incl. other_ Net from railroad_ _ _ _ Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes Aver. miles ofr'd oper. EARNINGS. Freight revenue Passenger revenue_ _ _ Tot.,incl. other rev. Expenses-Main t w ay Maint. of equipm't_ Traffic expenses_ _ _ Transportation exp. Total. incl. other_ Net from railroad_ _ _ _ Taxes (loss war taxes) Net after taxes.... Net after rents War taxes Aver. miles of r'd oper. Illinois Central Lehigh & Hudson River International & Great Northern Lehigh & New England Freight revenue Passenger revenue_ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses_ _ _ Transportation exPTotal,incl. other_ Net from railroad.... Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes__ _ _ Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue_ _ _ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses.._ Transportation exp_ Total,1 ncl. other_ Net from railroad.._ Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes Aver. miles ofr'd oper. -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. $ S $ $ 7,098,234 4,472,066 51,676,827 40,523,900 2,411,895 1,586,913 17,742,403 11,579,979 9,991,340 6,434,754 73,368,542 55,678,847 1,300,593 782,365 9,043,406 6,889,725 2,937,882 1,282,462 16,316,078 10,727,486 111,464 119,058 1,045,902 1,150,625 3,402,916 2,091,670 28,227,689 18,354,595 7,927,697 4,415,441 56,140,408 38,384,714 2,003,643 2,019,313 17)228,134 17,2i 303,692 265,916 2,208,133 6,393,245 -1,759,430 L752,852 15,009,303 14,890,981 1,712,622 2,002,867 r6,155,513 W -73-6T,70 40,000 160,710 360,000 1,446,393 4,996 5,070 Louisville Henderson & St Louis -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ s. $ $ $ 5 $ $ S 8,024,187 5,330,246 68,666,009 46,783,452 177,449 173,310 1,602.605 1,527,114 200,000 140,335 1,436,786 1,200,857 2,026,612 1,613,224 15.041,816 12,197,556 4,269 34,264 5,319 37,678 69,000 517,528 52,957 354,819 10.802,501 7,525,563 79,224,556 64,232.607 • 191,753 196,486 1,713.073 1,716,889 289,275 203,767 2,049,988 1,639,407 1.364,403 1,012,012 11,999,684 8,536,918 29,560 17,323 234,191 158,053 33,290 22,780 299,816 213,673 2,558,241 1.634,983 18,239.659 13,560,217 37,717 35,829 326,675 254,951 47,539 17,888 298,955 197,654 65,826 109,557 656,398 979,279 1,948 1,451 14,743 13,864 5,874 51,312 4,992 44,095 3.661,459 2,421,441 31,625,025 20,913,961 97,261 62,483 805,789 645,744 84,165 65,278 765,828 540,950 7,933,277 5.373,318 64,912,228 45,733,142 173,899 121,654 1,430,831 1,116,291 177,169 114,296 1,461,673 1,028,025 2.869,223 2,152.24 14,312.328 18,499,465 17,854 74,831 282,241 600,597 112,166 588,315 .=--611- 581 84,470 518,686 374,040 3.970,870 3,462,517 6,000 5,600 53.600 50,400 3,800 4,300 34,647 37,700 2.350,344 1,7r7:40 WSW-405 15,026,928 11,854 69,231 228,622 55-0710B 08,254 85,115' 553,413 ' .5757 - 162 2,211,687 Tif41 1-1-,190,347 17,204,566 -280 48,137 161,134 395,843 100,888 ----71,603 448,961 459,35 297,657 1,032,212 33,073 2,500 22,500 4,782 4,765 96 96 199 199 Maine Central -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ $ s $ $ $ s $ $ 887,836 730,661 6.301,164 6.035,467 153,691 317.094 2,813,144 2,615,647 1,009,729 705,643 7,843,884 6,730,549 335.364 354,909 2,776,317 2,093,575 1,730 1,138 12,995 11.764 498,423 441,558 3,343,989 2,929,064 1,354,736 1,158,776 9,804,121 8,722,510 180,680 331,267 3,011,752 2,736,273 1,646,584 1,263,366 12,127,843 10,592,948 208,033 103,894 1,402,396 1,072,865 46,969 37,084 386,853 330,522 261,010 152,087 2,011,635 1,206,053 408,908 190,031 2,213,115 1,446,303 , 66,960 46,836 579,854 403,695 302,060 177,133 2,242,533 1,449,953 131,807 205,290 23,749 17,556 2,722 2,677 50,165 25,361 10161 13,107 122,246 110,225 491,406 411,043 4,318,899 3,250,901 114,077 102,453 1,024.307 829,035 778,448 551.576 6,667,504 4,756,805 1.156,720 759,773 8,383,556 6,205,665 238,969 108,358 2,116,178 1,668,691 1,392,377 936,800 11.444,172 7,820,874 198,015 399,003 1,420,564 2,516,845 -58,289 132,909 895,573 1,067,581 254,206 326,565 6T37670' 2, -72767g . 270,000 288,638 23,000 30,000 8,590 20,262 78,216 73,687 34,550 58,705 606,521 528,388 167,985 375,936 1,148,529 2,226,049 -66.879 112,647 817,357 995,g01 219,656 W6751 76.899 27-01 176,739 330,484 1,072,261 2,025,529 -61,571TIM 891,287 1,048,429 2327606 26370g --114,995 2,2467805 1.491 12,487 8,415 93,,302 58,572 1,159 1.159 296 296 1,216 1,216 Kansas City Mexico & Orient RR Lehigh Valley Midland Kens City Mex & Or Ry of Teams Los Angeles & Salt Lake Mineral Valley -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. s $ $ $ $ 5 5 $ $ $ $ $ 805,148 80,814 150,689 723,666 5,273,167 3,852,687 38,661,002 33,195,786 251,868 184,866 1,893,825 1,591,749 125,183 15,757 110,484 11,652 631,544 519,751 4,839,377 3,046.111 62,901 55,248 530.573 437,983 174,320 979,641 879,712 6,407,870 4,703,998 47,385,830 39,965,604 97,852 326.524 251,318 2,520,767 2,115,114 174,782 19.759 150,782 16,704 739.429 561,881 5,286.685 4,515.086 56,098 37,727 381,594 452,458 61,147 405,455 235,776 1,726.068 17,828 810,530 12,197,178 6,908,295 56,602 28,205 424.549 271,587 34,913 47,850 4,576 894 39,364 79,526 532,420 739,532 807 3,257 21,904 26,956 61,211 503,386 406,984 2,502,975 2,071,605 22,423.342 17,248,739 45,531 111,107 74,536 897,872 653,756 894,821 5,101,464 3,631,363 41,429,599 30..102,665 149,261 90.663 1.185,317 214,954 152,297 1,821,603 1,480.326 7,188 -205,675 -15,10z( -1-;506,406 -U-72,635 5,956,231 9,562705-025,059 91,570 99,021 699,163 634,78 56.370 6,250 6,018 54,078 161,470 174,232 1,453.234 1.521,577 • 7,101 5,504 64,396 49,540 1,164 -262,045 -69,252 1,144,734 18,809 898,178 4,501,237 8,039,728 84,442 05,510 634,629 584,929 30,062 -5-.1-7) 0 -228,919 -47,326 1,198.847 , 951,538' 717644,6-38 7,998,030 79,21d 96,797 612,739 5(13,969 43,948 164,134 432 272 272 1,439 1,442 387 381 Range -Month of September--Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ $ s $ $ $ $ • 94,798 723,766 8.143 752,086 970,208 643,630 7,037,560 6,051,891 92,847 806,637 98,711 833,263 14.498 117,493 16,519 145,917 322,202 275,335 2,758,571 2,518,697 2,772 3,208 21,067 27,392 115.347 101,516 887,956 946,328 1,380,407 1,008,777 10,577,281 9,351,412 103,414 99,0.11 851,934 885,514 26,251 17,190 197,236 173,487 133.153 , 95,718 1,373,251 990,062 14,007 155,227 17,131 195,837 66,252 24,018 315,692 228,054 261,839 145,377 2,159,267 1,322,838 16,126 19,655 203,714 166,776 1,020 3,944 27,368 35,592 17,191 32,463 214.450 295,356 231 450 3,676 4,277 58,581 53,609 486,072 499,786 390,271 303,354 3,756,483 2,689,561 44,028 50.721 468,685 483,065 157,787 102.576 1,070,291 980,608 851,541 614,908 7,926,669 5.659,420 98,955 86.185 841.583 860.442 --42,439 -1 ,066 -182,334 --34,280 528,8-68 393,66g 2,6507612 3,601,992 '24,458 12,846 10,350 25.072 6,300 6,000 46.300 63,064 47,500 60,246 564,061 495,618 3,300 3.000 30.268 28,277 -48,752 ,060 '=2 -00 - -3-4 -81.942 4651118 333,617 2,085,370 3,195,915 21,158 oii -197f- rr -3,205 -45,891 -3,463 -203,376 -49,816 4647W6-1-3 -67-,-198 2,061,144 2-,0-016 22,378 8718 15,09311-)77 -'1 3,521 35,028 465 465 1,168 1,153 I 100 120 Kansas City Southern System EARNINGS. Louisville & Nashville Louisiana & Arkansas Minneapolis & St Louis Hansai City Southern -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. Ito Sept. 30-Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. $ 1917. i $ $ $ $ $ $ 1,164,976 859,539 8,535,970 7,078,824 84,937 115,809 914,037 997,956 913,314 763,671 6,719,767 6,091,899 188,649 189.605 1.662,829 1,278,427 32,818 24,644 281,852 198.313 180,925 218,790 1,548,141 1,443,438 1,418,203 1,135,795 10,980,044 9,090,469 127,078 147,083 1,254,337 1,137,843 1,255,858 1,042,066 8,737,277 8,069,272 175,829 98,269 1,202,427 37,282 885,482 22,628 258,521 190,929 205,126 159,501 1,547,876 1,220,277 276,482 175,969 1,945,655 1,320,257 27,348 22.322 239,582 314.002 192.539 117,053 2,191,632 886,993 14,792 28,343 172.115 2,886 229,285 . 3.485 29,365 11,787 34,405 18,131 126,515 159,949 525,197 335,205 4,218,388 2,827,028 64,744 42,271 48,467 349,107 479.657 405.684 4,249,241 3,300,756 1,030,440 668,170 7,884,108 5.550,794 137,981 94,811 1,063,918 817,575 1,022,849 723,166 8,340,655 5,759,773 3877762 467,625 3.095,935 3,539,675 --, -16,1-013 572 190,419 320,2117 233,003"---518,8119 396,622 2.306:710 51,198. 50,659 11,501 507,087 10,212 455.933 98,871 89,209 52,780 452,301 44,294 401,700 336,413 416,590 2.586.80t''3,080,f3 -22,462 42,059 61:193 2317016 1-60.1673 -- 77-1,256 -58,737 1,905,674 330,132 404,914 2,3867530 3,047,568 -22,499 41,499" ----01-,-755' 253,689 183,706 273,899 165,979 1.QT,-538 8,713 -3,022 78,425 233 3.707 815 2,400 18,800 774 755 302 302 1,646 1,646 Texarkana & Fort Smith Louisiana Railway & Nay Co Minn St Paul 8a Sault Ste Marie -Month of September--Jan. 1 to Sept. 30- -Month of September-Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. ' $ . $ $ S s $ s $ s 75,667 66.901 683,599 636,554 193,542 173,086 1,570,840 1,334,640 3,121,690 2,273,324 17,628,474 18,552,319 16.075 12,799 140.609 102.966 63,126 56,365 558,086 288,580 593,673 625,802 4,728,952 4,893,724 96,028 86.650 886,383 810,853 268,859 242,028 2,253,572 1,729,301 3,928,417 3,135,822 24,289,869 25,456,001 22,435 7.794 117,599 73,061 49.193 23,674 366,106 238,381 518,885 352,872 3,876,023 .2,822,278 18,244 4.593 96,322 41,827 72,872 29,378 368,636 239,131 1,262,413 412,112 5,245,760 3,549,563 99 3.590 19.059 25,145 3,746 6,895 40,963 58,176 31,327 42,922 285,676 433,458 33,030 27,004 363,409 255,939 136,808 83,055 • 966,358 655,626 1,450,316 1,126.933 11,102,960 9,314,058 75,777 43,798 635,084 423.085 270,538 148,879 1,813,614 1,251,460 3,349,444 2,010,323 21,320,907 16,788,949 20,25 -1 42,851 251,293 387,768 =1-76-74 -0-3711 43-6,957 626,91/'1,15T-4-99 2,959,961 .-861377,281 ,051 7,395 66,227 66,559 14,000 19,192 126,722 153,961 193,338 213,466 1,605,243 1,611,230 5-57,166 185,070 32065 -15,67g 73,889 312.941 323.527 435:633' ----0 16,678 17854,70o r:0537630 14,351" ----2-6,606 125,994 266X-11 --25,781 67,516 225,54-r 3158T0 TTi 8607-0-10 1,422,5T6 0,939,254 --3,102 11,167 50 722 81 81 356 342 4,243 4,,227 A Nov., 1918.] RAILWAY EARNINGS Mississippi Central ' EARNINGS. Freight revenue Passenger revenue_ Tot., incl. other rev Expenses-Maint.wa3 Maint. of equipm't. Traffic expenses_ Transportation exp. Total, incl. other. Net from railroad_ _ _ _ Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes Aver. miles of r'd oper. 9 Nashville Chattanooga & St Louis New On Texas & Mex Sys (Cmacl.) -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. I to Sept. 30St Louis Brownsville & Mexico 1918. 1918. 19y. 1917. 1918. 1918. 1917. 1917. -Month of September- -Jan. 1 to Sept. 30$ 3 1917.. $ , 3 1917. 1918. $ $ 1918. $ 66,627 68,325 592,865 443,844 1,409,768 862,349 10,413,466 7,528,111 319,986 187,919 2,097,444 1,618.720 33,814 64,114 342,379 149,836 379,606 4,381,149 2,512,716 122,776 686.700 82,237 872.251 963.771 134,684 982,710 108,119 633,832 2,215,232 1,342,238 15,653,628 10,957,623 485,479 295,617 3,199,828 2,879,460 15,731 9,306 123,974 83,846 134,917 1,752,521 1,138,046 58,514 274.855 42.513 473,881 430.138 235,810 32,436 22,587 152,732 253,426 3,548,467 2,131,725 909,401 71,528 608,426 37,609 347,730 979 1,059 13,600 9,378 28,717 369,167 52,948 494,773 992 10,904 94,145 61.898 35,544 279,769 27,366 164.353 509,430 6,551,728 4,181,472 840,900 105,469 .79,004 806.064 957.110 89,075 64,833 699,597 447,772 2,101,945 996,716 12,633,822 8,379,998 247,016 181,220 2.220.328 1,754.764 45,608 43.285 186,059 283,112 345.522 3,019,806 2,577,624 113,287 238,462 114,396 979,500 1324.696 4,276 34,618 4,396 35,265 33,334 300,006 100,000 340,000 9,944 89,500 8.000 72,000 41,332 38,888 248,493 150,794 79.854 228.518 245,400 2.718,698 2,235,284 106.396 888.978 1.051.647 45,843 43,824 189,372 307,991 133,846 335,887 3,080.034 3,008,291 221,020 14,756 856,331 1,033,765 1,902 9,387 6,666 59,994 3,055 3,055 164 164 1,236 1,236 548 548 Missouri & North Arkansas Nevada Northern -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1917. 1918. 1917. 1918. 1918. 1917. $ $ $ $ $ I $ $ $ Freight revenue 54,913 75,571 640,254 659,078 1,637,821 1.798.655 195,730 243,933 Passenger revenue 34,054 45,610 344,030 328,444 140.123 17.516 136,696 16,849 Tot., incl. other rev. 96,874 130,000 1,060,868 1,064,222 219,626 1,985,886 1,819,547 265,870 Expenses-Maint.way 24,377 19,434 252,069 181,603 199,189 19,231 179,579 27,344 Maint. of equipm't_ 19,674 19,711 199,188 168,855 237,578 25,828 190,551 27,081 Traffic expenses_ _ _ 1,585 21,464 3,787 36,119 7,367 728 6,751 780 Transportation exp. 42,067 46,227 435,561 403,145 475,529 37.695 329,511 59,946 Total.Incl. other_ 93,859 93,560 959,919 832,814 969.665 89.117 753,468 122.727 Net from railroad__ _ _ 3,014 36,439 100,949 231,407 130.509 1.016,221 1.066.679 143,142 Taxes (less war taxes) 5,750 5,500 50,723 45,300 93,966 148.498 10,398 19.488 Not after taxes_ -2,846 30,858 45,506 184,472 867,112 120,110 972,111 123-7653 Net after rents -7,445 308 177,292 6 f * 28,400 832,967 116,418 943,242 118,970 ____ _ _ War taxes__ 1,091 5.057' 880 Aver. miles of r'd oper. 365 365 165 168 New York Central System New York Central RR -Month of September- -Jan. 1 to Sept.301918. 1917 1918. 1917. 19,220,626 12,844,426 132882,877 109395,954 7,841,721 5,420,030 51,078,801 42,646,854 30,506,322 21,342,154 21( 620.888 176648,596 3,207,229 2,450.914 24,407.247 19,178,395 5,574,597 3,596.624 46,607,245 30,912,476 211,597 303,273 2,100,113 2,375,487 10,153.594 7,693,910 90,155.797 69,135.389 20,085,817 14.772.881 171058,118 128151.464 10,420,504 6,569.273 39.562.77t 48.497,132 1,125.762 1.070,398 9.292.408 8.587,419 9,293.772 5.497,935 0.250.050 39.888.984 9,536.184 5,654.374 28,917,190 37,866.881 7,374 55.946 85,336 55.946 6,079 6,082 Missouri Kansas & Texas R.R. Cincinnati Northern Newburgh & South Shore -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 300 EARNINGS. 1918. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ 3 $ $ $ $ Freight revenue 2,210,230 1,485,100 16,483,901 13,594,621 229,085 214,194 1,764,429 1,601.945 Passenger revenue... 783,762 602,784 5,625,098 3,997,202 0145 20,594 4,123 360 18,180 142.819 140.574 Tot., incl. other rev. 2,240,357 23,513,231 18,867,665 742,894 999,138 258,741 90,850 156,934 239.834 1,981,439 1,801,414 Expenses-Maint.way 3,205,048 274,698 3,831,517 2,443,938 458,684 79,421 16,481 125,523 40,268 8,160 32,307 313.210 273,070 Maint. of equipm't. 575,854 6,877,679 4,337,567 748,929 22,438 181,938 24,073 34,111 193,287 64,484 560,121 301,404 Traffic expenses_ _ _ 34,505 325,376 15,982 241,984 2.731 29,349 • 3,291 28,362 Transportation exp695,913 8,397,648 5,571,767 993,006 47,578 440,962 61.610 466.534 78,837 78,989 760,007 686.038 Total,incl. other_ 2,300,828 1,651,011 20,141,650 13,288,354 105,650, 811,017 190,245 82,635 742,199 151,219 1,700,915 1,313,606 Net from railroad _ _ 589,345 3,371,581 5,579,311 905,119 188,121 8.214 51.283 694 68,495 88,614 280,524 487,808 Taxes (less war taxes) 178,283 880,717 816,113 100,582 45,392 8,072 59.924 7,566 6.811 5.336 105.298 62.811 Not after taxes.... 410,720 2,486,772 4,758,357 804,428 2,878 43,210 , 81,802 128,197 -44,698 60,925 175.163 424.976 Net after rents 791,039. 520.584 2,887,034 5,941,035 54,611 27,41? -10,372 128,789 -117,203 63.490 106,424 288,598 War taxes -83,839 2,433 1,207 4,712 5,188 21,899 5,188 Aver. miles of r'd oper. 1,744 1,737 251 7 7 245 Missouri Kans & Texas Ry of Tex New Orleans & North Eastern Cleve Cin Chic & St L (Inc Peoria & East) -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1918. 1917. 1917. 1918. 1917. $ $ $ $ $ $ $ $ $ $ $ $ Freight revenue 1,062,136 762,624 7,780,136 6,793,095 403,138 295.977 3,178.501 2,543,787 5,367,512 3,164,175 35,981,802 26,715,772 Passenger revenue 723,580 553,638 5,364,398 3,348,563 628,707 1,591,164 1,189.064 11.402.816 8,694,207 110,444 1.148,987 199.563 Tot:, incl. other rev. 1,931,358 1,439.719 14,225,823 11,076,646 450,804 4,820,489 3,513.213 7.503,023 4,763.035 51,822,062 38,817,403 665,186 Expenses-Maint.way 318,658 139,221 2,681,767 2,283,502 519,170 42,687 346,696 86,500 670,061 362.746 5,154,490 3,382.930 Maint. of equipm't_ 214,902 2,688,727 1,644,652 512,176 68.182 1,052,914 187,644 664,827 1,322,122 887,624 • 9,307,052 7,146.609 Traffic expenses_ _ _ 15,876 26,713 193,990 253,423 73.723 9,680 92,215 83,441 4,509 87,863 712,968 746,262 exp. Transportation 909,646 592,230 7,338,628 5,140,922 1,158,512 1,955,182 2.493,097 1,843,525 20,327.603 15.439,824 145,192 282,923 Total, incl. other. 1,839,305 1,037,398 13,621,488 9,839,524 279,630 3.731,060 2,395,700 4.708.253 3,299,983 36.681.105 27.728.373 577,389 Netfrom railroad_ 92,053 402,320 604,334 1,237,121 171.173 1,089.428 1,117,512 2,794,769 1,463.052 15.140.956 11,089,030 87,796 Taxes (less war taxes; 50,979 51,916 431,677 425,464 211,819 254,579 34,759 27,066 172.388 2.950.693 1.477.388 173.560 Net after taxes 40.084 350,236 174,025 808,511 904,548 2.619.233 1,290,460 12.184.026 9.603.642 834.257 136,394 60,716 Net after rents --10,187 229,188 -991,165 '---350,94 872,936 2,561,721 3 37164 1,003 82,90 1 1,109.528 11,139,463 8,168,617 War taxes 8,008 43,516 29,220 150,611 320,980 150,611 Aver. miles ofr'd oper. 1,796 1,795 203 203 2,395 2,386 Missouri Oklahoma & Gulf Indiana Harbor Belt Orleans Northern New Great -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1918. 1917. 1918. 191Z. 1918. 1918. 1917. 1917. 1918. 1917. 19i8. 1917. $ $ S .$ • $ $ S. $ $ Irreight revenue 144.542 106,962 1,056,162 1,087,523 143,766 1,240,084 1,074,384 144,337 Passenger revenue... 19,619 29,298 238,860 213,436 339.948 268,803 34,539 47,348 Tot., incl. other rev. 171,283 143,991 1,360,087 1,390,408 536,465 185,915 1,653,321 1,412,566 199.543 423,773 4,060.328 3,941,871 Expenses-Maint.way 32,709 1 19,979 320,339 180,216 145,424 226,252 73,331 18,115 25,729 46,647 874.858 443.887 Maint. of equipm't_ 47,652 26,233 244,181 429,010 226,730 64,621 295,676 210,883 30,236 63,930 918,031 486,706 expenses_ Traffic 1,495 3,635 20,681 37,864 27.293 3,073 28,079 1,400 1,604 3,251 17,311 Transportation exp. 26,065 74,936 60,558 720,910 604,790 54,130 432,827 565,184 362.185 73,869 202.799 2,596.898 1.915.898 Total, incl. other_ 164,995 117,680 1,573,328 1,134,783 111,631 172,207 1,184,631 662,552 894,577 328,607 4,522,125 2.963.189 _ Net from railroad _ _ _ 67.Fr7.1 26,310 -213,240 255,624 468.690 517.989 -126.087 27,336 74,283 95,165 -461.797 978,682 Taxes (less war taxes) 9,000 9,340 79,959 81,888 10,041 75.588 11,002 65,371 8,141 7,682 93.894 77.961 Not after taxes_ -3.209 *----n--,7561 -'047026 172,936 -137,089 452,043 392,738 64.202 10,194 87,453 555.692 900.653 Net after rents -71-7 4701 11,994 -381,169 46,9-77 4-18T-0-4-r3 108,847 66,885 540,461 18,955 13,734 -1,246,966 --204,440 War taxes 4,866 450 Aver. miles of r'd oper. 332 332 284 116 284 109 i Missouri Pacific Kanawha & Michigan N Orleans Texas & Mexico System -Month of September-Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30New Orleans Texas & Mexico EARNINGS. 1918. 1917. • 1918. 1917. -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. $ $ • S $ 1917. 1918. 1918. 1917. $ $ $ $ Freight revenue 5,983.561 4,592,687, 45,146,282 86,467 1,041,997 95.928 475,935 762,900 285,409 3,336,598 Passenger revenue 2.270.152 1,878,394 1,403,248 14,710,074 21,568 48.916 383,951 125,696 206.340 41.279 805.223 302.085 Tot., incl. other rev. 8.453.365 6.510,902 64,787,366 111,054 1,461,052 1,005,938 150,816 Expenses-Maint.way 629,713 337.014 4,293.445 2,666.351 1,367,056 954,119 10.367,197 16,768 30.165 266,691 158,277 69,456 41,255 495.690 Maint. of equipm't_ 1,682,764 338.931 1,008,734 12,319,811 15,480 28,996 300,744 160,526 286,023 70,730 1.143,222 Traffic expenses 653.518 70,343 867,579 136,208 2,815 379 25,453 40,702 3,308 3,463 25.812 Transportation exP- 3,132,818 27.831 26.311,559 2,183,096 28,915 44,058 456,848 189,123 283,659 100,289 1.333.470 780.804 Total. incl. other_ 6,467,998 4,454,507 51,643,948 1.107,277 70.096 109,080 561.089 701.475 224,065 3.090.113 1.869.416 Net from railroad _ _ _ ,985,366 2,056,395 13,143,42X 41.736 68,624 40.95g 304,463 356,775 112.948 1,203,331 796,934 Taxes (less war taxes) 277,500 425,000 2,502,461 17,842 1,400 21,500 45.900 12,600 16,625 178.503 15E823 Net after taxes.... INV:62 8 1,629,053 10,628,766 20,238 39.527 310.489 50,781 291,746 96.323 1.024.827 645.089 Net after rents -17522,400 1,536,372 9,481,216 23,896 48,999 5-971474 437,429 425,975 141,218 1.226,761 1,229,430 War taxes 73,282 1,000 2,250 18,685 20,250 42,213 18,685 Aver. miles of r'd oper. 7,108 7,300 191 191 176 176 Monongahela Connecting Beaumont Sour Lake & Western Lake Erie & Western -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30.EARNINGS. 1918. 1917. 1918. 1917. 1917. 1918. 1917. 1918, 1918. 1918. 1917. 1917. $ .. $ $ $ $ $S Freight revenue 61,502 84,294 732,776 519,686 753,543 563,498 5,94.966 5.276,768 Passenger revenue_ _ _ 16,175 36.736 283.433 59,532 148.463 66.498 474.990 507.134 Tot., incl. other rev. 241,197 109,715 1,787,159 1,361,925 82,354 127,005 1,075.632 832,139 709,588 660,071 6,757,311 6.081,242 Expenses-Maint.way 30,506 25.965 234,039 283,616 14.353 21,566 152,338 133,691 121,689 90,411 898.680 Maint. of equipm't_ 712,028 35,109 26,716 282,569 225,787 7,642 15,713 152,817 247,311 78,986 117,596 1,654,316 Traffic expenses_ _ _ 993.674 464 333 3,763 3,086 2,544 205 14,686 12,441 20,257 13.918 115,999 Transportation exp. 123.458 115,230 75,295 938,487 706,087 35,848 24,504 359,036 375,916 222,437 262.634 3.089.123 2.381.212 Total, incl. other. 187,160 132,632 1,508,044 1,256,400 76,327 716,862 53.233 500.834 788,562 5.945.795 477.972 4.348.026 Netfrom railroad_ _ 54,037 ---22,917 27904 -TO5,51 29,120 50,67-g 159,236 358,769 43,577 231,616 811.515 1.733.215 Taxes (loss war taxes) 2,443 2;557, 20,608 1,600 17,503 1,750 42,456 41,500 18.800 15.750 261.500 273.500 *Net after taxes.._ 51,593" ---!M,475' 2587-0-6. 88,021 49,078 27,370 339.916 1.111 215,654 117.711 549,379 '1.459.241 Net aft , "rents 52,873 --14,58g 21=32 =1 --1,535 -200,406 12,362 " 36,715 77,863 --10,203 99,070 Th4,477 1,120.544 War taxes 164 1,426 250 3,456 2,250 Aver. miles of r'd oper. 5 5 118 118 900 900 EARNINGS. lo RAILWAY EARNINGS New York Central System (Cond.) Norfolk & Western [Vol.. 107. Pennsylvania Sys (Concluded) Cumberland Valley -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. -Month of September- -Jan. 1 to Sept. 30$ $ $ $ 1917. 1918. 1917.1 1918. 6,651,813 4,773,346 49,679,722 41,737,465 349,542 3,267,725 2,947,321 525,841 724,627 7,315,739 4,890,186 920,519 524,494 562,278 74,416 67,610 7,925,743 5,719,694 59,236,485 48,365,494 626,855 435,922 4,111,277 3,633,105 875,266 497,301 6,964,092 4575,977 268,044 390,216 27,104 54,624 986,501 15,254,274 8,935,736 2,162,501 320,556 571,419 42,740 104,891 597,350 67,990 454,943 31,296 41,755 44,912 6,973 4,275 2,508.743 1,774.462 20,840,420 14,959,937 141,822 137,440 1,431,083 1,151,611 5,705,725 :3.445,679 44,701,237 29,984,623 228,864 2,545,965 1,876,567 318.184 2,220,017 2,274,014 14,535,247 18,380,871 207,058 1.565,312 '1,756,53 308,671 246,630 2,304,000 2,219,670 200,000 119,273 79,461 13,251 7,231 2,019,878 2,027,108 12,221,911 16,159,852 19:3,806 1,485,211 1, 37,2 3 301,439 1,965,103 2,145,4014 12,958,028 18,137,925 277,248. 175,142 1,295,515 1,468.057 177,870 1,287,000 1,600,830 143,000 234,776 84,754 25,975 9,381 2,084 ,2,085 %am osIster 163 163 Island Pt Southern Long Norfolk -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1918. 1917. 1917. 1918. 1917. 1918. $ $ 1 $ 271,875 2,769,303 2,855,045 318.776 456,496 4,017,108 3,382,466 548.104 897,260 1,52 ,437 1,286,492 11,366,902 7,886,167 121,286 1,132,879 168,463 518,804 416,758 4,152,072 3,995,284 2,30 ,729 1,910,499 17,044,260 12,838,720 484,196 737,292 52,006 105,674 154,158 1,853,164 1,405,881 239,736 572,497 873,550 57,393 120,390 156,914 2,157,687 1,356,999 314,296 74,759 62,514 6,509 7,074 110,654 93,489 10,750 9,918 167,431' 1,887.159 1,380.519 198,261 700,557 7,077,929 5,257,663 806,638 451,857 :304,089 3,740,662 2,692,161 1,424,194 1.067,423 11,675,979 8,535,436 411,410 1,303,123 66,947 112,669 843.075 5,368,281 4,303,284 877,534 142,341 140.120 20,000 706,190 15,800 808,836 78,761 89,871 92,580 268,928 1,162,272 0 51,103 761,001 4,556,728 3,595,( 787,639 253,451 1,070,115 54,683 98,411 665,025 4,156,076 2,973,292 760,928 29,835 32,939 3,315 907 90,7 397 398 Toledo & Ohio Central Maryland Delaware & Virginia Northern Pacific System -Month of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30Northern Pacific EARNINGS. 1917. 1918. -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1917. 1918. $ 1917. 1917. 1918. 1918. Freight revenue 698,426 6,220,247 5,009,834 7,929,515 5,154,355 52,362,678 47,762,341 737,770 455,099 466,760 62,044 72,167 Passenger revenue...... 502,104 1,791,782 1,582.333 12,904,116 11,517.968 524,472 71,241 69,244 265,869 290,637 44,917 57,824 Tot., incl. other rev. 5,875,013 7,186,933 842,915 871,424 751,992 110,231 10,343,043 7,342,480 70,645,842 64,682,895 133,132 778,1661 Expenses-Maint.way 787,389 1,217,844 96,953 1,149.425 164,787 63,261 50,549 883,349 10,608,505 8,896,314 • 7.830 6,316 Maint. of equipm't_ 131,509 1,819,068 1,063,368 2,651,435 356.046 126,728 836,866 12,052,914 7,189,014 22,926 182,970 31,024 Traffic expenses...._ 66,260 65,216 7,732 6,032 9,337 924,072 9,641 50,352 104,158 624,900 1,027 644 Transportation exp.. 299,518 3,323,063 2,348,275 3,265.581 2.395308 26,965,651 20,341,037 426,823 436,224 499,511 59.426 70,525 Total,incl. other.. 548,426 6,512,095 4,378,986 7,409,660 4.337,489 51,927,259 38,498,689 972,814 638,237 771,192 91,877 112.170 Net from railroad.._ 674,833 1,496,026 2,933,382 3,004,990 18,718,582 26,184,206 294,489 -101,389 6,973 113-,-754 18,354 20,961. Taxes (less war taxes) 259,585 . 592,182 264,075 37,405 30,358 10,486 13,663 492,168 4,816,250 4,241.385 1,236 1,892 Net after taxes 410,732 1,236,369 2,340.916 2,512,710 13,807,804 21,934,611 -131,748 • 257.084 ,25-6 -6,689 10-317,117 19,069 Net after rents 438,313 1,216,832 2,404.313 2,614,531 '16,883,760 n,820,449 242,147 167,400 97,010 15,154 --17,782 18,412' War taxes 1,435 125,000 663,407 500,000 265,591 Aver. miles of r'd oper. 435 435 82 6,533 6,570 82 New York Chicago & St Louis Minnesota & International Monongahela 1 -Jan. to Sept• 3)- -Month of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30- -Month of SeptemberEARNINGS. 1917. 1917. 1917. 1918. 1918. 1918. 1917. 1918. 1917. 1917. 1918. 1918. $ $ $ $ $ $ $ $ S $ S S Freight revenue 565,077 40,055 525,776 38,867 1.989,988 1,254,063 13,653,054 10,985,121 168,199 2,007,186 1,448,663. 258,445 Passenger revenue 19,762 207,891 190.569 19,863 162,088 1,487,976 1,106,551 167,917 124,337 177,851 18,799 23,637 Tot., incl. other rev. 2,230,058 1,488,382 15,633,914 12,657,903 62.603 63,918 773.371 806,604 191,754 2,250,901 1,607,285 288,996 Expenses-Maint.way 15,084 161,214 126,668 26,386 137,013 1,812,407 1,081,079 209,346 304,817 503,313 43,880 63,804 Maint. of equipm't148,227 108,526 19,860 14,040 253,732 2,985,572 1,934,498 119,451 650,939 198,636 12,339 33,507 Traffic expenses 517 4,791 335 3,935 426,961 302,549 58,826 25,253 11,406 8,087 692 599 Transportation exp.. 292,218 390.567 34,240 29,767 5,998,874 652.233 6,880,974 841,316 450,380 766,923 51,678 85,145 Total,incl. other.. 1,783,003 1,142,827 12,423,647 9,793,898 557,918 62.596 733.576 83.729 920,531 1,526,931 112,641 190,592 Not from railroad_...... 1,322 39,794 248,685 345.554 3,210,266 2,864,005 -21,126 447,054 723,970 79.113 98.404 3.167 Taxes (less war taxes) 42,813 44.942 3,130 460,000 402,500 55,000 33,816 54,000 6,000 3.750 Net after taxes.. 1,858 -3,067 203,718 290,545 2,807,611 2,403,874 -24,256 447,030 -r --63-Zrg " 6T0Tr5 73,113 94,654, Net after rents --3,951 --37,409 135,496 --24,645 262,578 2,270,939 1,760,18 373,380 462,548 41,856 387,337 93,927 4,828 War taxes 17,500 Aver. miles of r'd oper. 195 195 571 (See also on page 14) 572 108 108 Michigan Central -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. Freight revenue 3,890,909 2,684,540 32,000,924 24,665,701 Passenger revenue.. 1,549,381 1,291,433 11,979,538 9.333,226 Tot., incl. other rev. 6,003,477 4,516,101 48,923,700 38,405,593 Expenses-Maint.way 595,975 5,491,390 4,329,919 641,132 Maint. of equipm't. 1,185.030 638,869 9,277,673 5,822,205 Traffic expenses_ _ _ 577,847 616,746 75,613 57,132 Transportation exp. 2,285,820 1,754.345 20,460,665 16,411,187 Total,incl. other_ 4,333,230 3,216,331 37,330,131 28,475,334 Net from railroad.._ 1,670,246 1,299,769 11,593,569 9,930,258 Taxes (less war taxes) 168,000 1,454,800 1,512,000 168,000 Net after taxes.. 1,501,845 1,131,524 10,133,016 8.408,116 Net after rents 931,797 8,460,112 5,055,627 1,403,341 War taxes 116,200 52.000 52,000 12,000 Aver. miles of r'd oper. 1,861 1,861 Pittsburgh & Lake Erie -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1917. 1918. 1917. 1918. $ $ $ $ Freight revenue 3,052,455 1,848,272 20,844,582 15,529,888 Passenger revenue__ _ 232,474 1,704,965 1,745,896 218.665 Tot., Incl. other rev. 3,456,082 2,243,569 24,116,756 18,903,514 Expenses-Maint.way 243,997 3,181,563 2,172,970 372,037 Maint. of equipm't_ 315,098 4,934,527 3,576,748 685.324 Traffic expenses 143,066 ' 148.080 15,169 15,920 Transportation exp.. 664,410 7,354,329 5,875,104 849,583 Total,incl. other_ 1,966,065 1,277,418 16,032,261 12,146,944 Net from railroad_ 966,150 8,084,495 6,756,570 1,490,017 Taxes (less war taxes) 891,200 665,100 209,600 73,900 Net after taxes 756,550 7,419,390 5,865,370 1,416,117 Net after rents 5.773,294 7,545,974 701,710 1,196,811 War taxes 363,600 40,400 Aver. miles of r'd oper. 224 224 EARNINGS. Northwestern Pacific New York New Haven & Hartford .New York Philadelphia & Norfolk -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1917. 1918. ,,,, 1918. S $ S $ $ S S $ $ Freight revenue 299,072 224,079 2,182.928 1,646,942 4,783,684 3;421,109 37;651,027 30,424,089 388,952 4,046,472 3,225,621 590,406 Passenger revenue.- 3,985,418 3,553,156 29,116,611 25,376,374 1,679,699 1.531,696 204,298 191.180 905,650 514,860 125,269 80,378 Tot., incl. other rev. 10,007,110 7,894,171 75,702,148 63,939,269 465,451 4,292.644 3,583,365 560,186 513,235 5,399,045 4,120,342 767,970 Expenses-Maint.way 1,176,200 512,258 64,530 46,495 574,485 895,391 9,095,922 6,410,964 389,150 44,512 .) 456,830 69,083 Malta. of equipm't_ 1,720,855 1,050,963 14,681,593 8,869,362 59,062 45,540 494,442 409,437 742,142 88,739 1,159,436 208.693 Traffic expenses 5,322 397,241 4.767 43,510 48,981 342,546 38,816 24,327 46,314 5,105 ill 89,555 8,172 Transportation exp.. 3,924,156 3,026,205 34,395,878 26,782,982 202,996 150,623 1,581,205 1.228,488 187,096 2.448,3 9 1,638,730 285.271 Total,incl. other.. 7,152.403 5,351,670 61,958,506 45,240,408 345,286 259,562 2,801,364 .2.300.546 341,012 4,377,342 2,967,553 597,839 Net from railroad_ _ 214,900 205,888 1,491,280 1,282,818 . 17T3V 2,854,706 2,542,500 13,743,642 18,698,861 - .,703 1,152,78g -& ( NT, Taxes (less war taxes) 22,555 20.963 197,432 174.051 255,000 2,481,000 2,440,000 264,000 138,460 14,094 126,848 17,308 Net after taxes 184.924 1,29.3,815 1.108,618 • 152,822 ...158,129 192,344 2,587,294 2.287,100 11.250,628i6,253,448 843,156 1,025,596 rents Net after 196,839 188,124 1,317,316 1,123.217 2,257,100 1,887,626 8,034,950 12,317,448 7D7157 939,978 14773§T '143',311 War taxes 5,000 9,902 77,091 89,126 8,892 Aver. miles of r'd oper. 507 507 1,997 2,007 121 121 West Jersey & Seashore New York Ontario & Western Pennsylvania Sys-Eastern Lines Pennsylvania Railroad -Month of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30EARNINGS. -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1918. 1918. 1917. 1917. $ $ $ $ Freight revenue 475,144 5,433,257 4,393,798 24,012,832 17,038,219 168608,810 147413,888" 621,292 238,253 2,402,248 7'2,025,442 320,900 Passenger revenue 190,482 1,847,852 1,464.948 10,300,265 6,856,015 70.623.578 48,679,950 257,799 589.644 5,267,892 4,265,329 809,998 Tot., incl. other rev. 1,025,943 804,570 8,419,533 6,985,915 37,110,221 26,361,481 263290,511 217048,345 1,195,870 903,490 8,172,355 6,815,934 Expenses-Maint.way 749,537 4,883,189 2,982,628 34,318,002 26,029,096 102.135 1,111,384 194,592 132,114 1,618,079 _1,097,698 206,811 Maint. of equipm't_ 127,513 1,827,756 1.140,032 11,047,306 4,775,058 69,493,054 42,468,103 277,763 127,792 1,361,270 946,319 237,096 Traffic expenses 265,819 2,253.677 2,401,081 84,284 210,624 80,929 9,464 6.711 71.045 "102,782 11,331 6,104 Transportation exp.. 312,175 3,948,803 2,737.414 14.973.395 10,255,930 12,407,641 86,350,499 451,384 387,419 3,743,046 2,807,306 538,860 Total, incl. other.. 571,215 7,158,667 4,885,618 32,253,137 19,245,110 236304,060 165499,026 1,015,007 948.833 680.589 7,013,712 5.152,405 Notfrom railroad,._ _ _ 233,354 1,260.866 2,10.) 4,857,043 7,116.371 26,986,451 51,549,318 77,109 222.900 1,158,612 1,663,529 180,863 Taxes (less war taxes) 830,565 7,8:57,368 7,455.282 230.900 906,002 40,000 202,847 30,000 40,458 371,466 361,124 44,068 Net after taxes__,._ 193,354 1,057,684 1,868,968 3.950,383 6,280,155 19,107,g3T 44,075,753 46,994 7tTaIr '1,299,2F7 182.418 136,794 Net after rents 996,839 1,892,128 3.747,955 5,813,508 14,586,074 40,615,828 186,045 42,003 655,544 1,148,461 ---="1, 51 118,071Th War taxes 101,754 176,657 934,351 .1,448,898 29.250 3,250 20,393 19,738 2,193 2,250 Aver. miles of r'd oper. 5,342 5,326 568 (See also on page 14) 567 359 359 EARNINGS. Baltimore Chesapeake & Atlantic New York Susquehanna & West Pennsylvania Sys-Western Lines -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30Grand Rapids do Indiana 1917. 1918. 1918. 1917. 1918. • 1917. 1918. 1917. -Month of September- -Jan. 1 to Sept.30$.__$ $ $ 1918. $ 1917. 19. 1917. 18 Freight revenue 92,401 194,361 2,341,586 1,930,895 113,799 235,225 636,072 603,442 438,487 348,356 3,499,735 3,195,328 Passenger revenue.. 452,447 53,706 459,287 52,033 362,488 60,733 60,083 312,127 207,163 1,380,331 1,305,540 222,945 Tot., incl. other rev. 276,701 .3,084.357 2,665,843 154,809 1,039,684 182,669 344,019 966,482 610,994 5,324,173 4,935,644 719,230 Expenses-Maint.way 341,614 34,170 231,105 6,862 95,894 20,544 43,280 705,034 61,303 594,583 67,185 86,110 Maint. of equipm't_ 302,066 36,148 556,109 43,961 42,657 253,241 64,352 207.489 865,338 91,843 1,347,272 324,005 Traffic expenses...... 21,287 2,010 19,654 819 2,059 1,497 10,997 89,887 13,245 94,042 12,637 9.735 exp.. Transportation 152,080 1,833,361 1,420,094 68,804 86,427 196,554 595,333 523.910 242,113 2,431,088 2,200,960 300,140 Total, incl. other_ 230.247 2,816.212 2,024.283 155,132 123,746 312,298 981,618 830,300 438,624 4,768,073 3,943,290 745,938 Net from railroad........ 268,144 641,559 46,454 27,536 31.062 31.721 ▪ 58,065 136,182 -=.2 5:1676-99. 992,354 -67f71"."736471 Taxes (less war taxes) 134,249 16,166 145,499 3,127 2,634 14,916 25,316 22,771 22,335 208,241 204,947 24,077 taxes........ Net after 133,791, 495,435 .0,260 16,802 24,40 28.428 32,748 --3717,022 ' 113,845 -53,254 Th6 -IM 701,t -:5-71" Net after rents 35,814 167,159 • 501,319 13,640 24,196 30,199 37,363 T125,161 117,488 '-70,OY 176,226' 665.56g War taxes 1,277 13,064 444 11,500 Aver. miles ofr'd oper. 135 135 87 87 575 569 • EARNINGS. Pennsylvania Sys (Concluded) EARNINGS. Freight reVenue Passenger revenue _ _ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't Traffic expenses_ _ _ Transportation exp. Total,Incl. other_ Net from railroad _ _ _ _ Taxes (less war taxes) Net after taxes__ _ Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue.._ _ Tot.,incl. other rev. Expenses--Maint.way Maint. of equipm't_ Traffic expenses_ _ _ Transportation exp. Total,incl. other.. Net from railroad _ _ _ _ Taxes (less war taxes) Net after taxes.. _ Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue.. Tot.,incl. other rev. Expenses-M aint.way Maint. of equipm't_ _ Traffic exp.. expenses_Transportation Total,incl. other_ Net from railroad _ _ _ _ Taxes (less war taxes) Net after taxes__ _ _ Net after rents War taxes Aver. miles ofr'd oper. Freight revenue Passenger revenue_ _ _ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses.. _ _ Transportation exp.. Total,incl. other.. Net from railroad_ _ _ _ Taxes (less war taxes) Net after taxes.._ Net after rents War taxes Aver. miles qf r'd oper. EARNINGS. 'Freight revenue Passenger revenue.. _ Tot.,Incl. other rev. Expenses-Maint.way Maint. of equipm't_ Traffic expenses_ _ _ • Transportation oxp_ Total,incl. other.. Net from railroad_ _ _ _ Taxes (less war taxes) Net after taxes_ _ _ _ Net after rents War taxes Aver. miles of r'd oper. EARNINGS. Freight revenue Passenger revenue Tot.,incl. other rev. Expenses-Maint.way Maint. of eoulPin Traffic expenses_ _ _ Transportation exp. Total,incl. other_ Net from railroad_ __ Taxes (less war taxes) Net after taxes_ _ -Net after rents War taxes Aver. miles of r'd oper. Freight revenue Passenger revenue_ _ _ Tot., incl. other rev. Expenses-Maint.way Maint, of equ ipm't_ Traffic expenses_ _ _ Transportation exp_ Total,incl. other.. Net from railroad.. _ _ _ Taxes (less war taxes) Not after taxes.._ _ _ Net after rents War taxes Aver. miles of r'd oper. St Louis & San Francisco System • Quincy Omaha & Kansas City St Louis Southwestern System . -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30St Louis Southwestern -Month of September- -Jan. 1 to Sept. 301917. 1918. 1918. 1917. 1917. 1918. 1917. 1918. 3 1917. 1917. 1918. 1918. 3 $ $ $ $ 13,847 187,639 22,100 813,286 714.073 7,325,813 6,571.852415,102 129,380 552,772 52,279 68,848 5,610 6,728 56,530 \ 51,380 190,861 1,854.491 1,317,695 203,086 170,725 21,602 184,114 23,686 101,309 , 941,688 113,333 952,085 9,582,229 8,292,004 639,787 1,061,288 80,551 913,934 793,767 99,386 12,351 118,561 15.104 153,387 91,061 1,072,238 19,933 98,249 60,585 169,005 751.790 258,078 17,021 187,780 29,080 125,243 1,684,878 1,327,029 38,588 218,202 132,259 101,761 12,366 183,761 44 299 11 349 776 30,450 11.409 1,130 14,909 284.887 9,503 218,969 57,852 -' 692,642 85,724 220,414 2,797,001 1,979,171 298,073 300,119 31,209 547,189 441,364 56,018 90,198 1,034.885 137.625 601,065 712,805 497,262 6.100,994 4,603,070 66,711 807,350 910,905 157,742 11.111 --93,197 --20,291 454,823 3,481,235 3,688.933. 38,721 13,839 -117,138 348,483 106.584 -5 -56 8.500 9.500 85.269 47,592 2,912 25.878 3,878 47.248 356,866126,444 383,591 73,000 2,611 -178.467 --29.791 407,195 3.096,480 3,331.571 12,843 9.961 -143.583 301,152 33,583 ---61,269 18,192 --12,030 --14,459 435,471 3,171,776 3,655,289 181,671 -66,243 10,019 -181,290 -10,126 310,546 230 23,084 43,742 54,356 19 19 943 968 256 256 Pere Marquette St Louis Southwestern RI of Texas Richmond- Washington System -Month of September- -Jan. 1 to Sept. 30- Richmond Fredericksburg & Potomac --Month of September- --Jan. 1 to Sept. 301917. 1918. 1918. 1918. 1917. 1918. 1917. 1917. -Month of September- -Jan. 1 to Sept. 30$ 1917. $ 1918. $ 1917. $ 1918. $ 2,1117,349 1,369,683-15,451,381 12,204,440 290,302 355.627 8.259,200 2,785.044 165,551 2,089.005 1.815,927 334,546 401,861 3,130,539 3,274,178 455.322 183,645 860.411 144,165 1,423,149 174,111 2.409.593 1,316,543 434,008 2,815,650 1,989,293 20,439,932 17,392,295 515,513 • 535,577 5,012,393 3,941,226 830,612 394,557 4,958,406 3,562,115 223,976 2,797,887 1,810.072 369.170 284,906 126,496 55,666 1,051,170 615.073 255,003 36,895 28,424 310,366 4,573,424 2,851.214 561,450 397,013 213,887 546.385 85,645 1,276,133 48,544 937,814 74,037 39,071 1 279,550 30,065 34.464 6,685 347,721 36,634 14,557 2.786 101,937 4,670 135,966 777,642 8,858,938 7,306,973 1,045,631 196,800 149.009 1.720.613 1,226,013 240,937 185.577 2,295,845 1,615,121 2,077.385. 1,409,386 17,107.475 12,818,201 324,127 244.103 2,688.830 2.056.500 609,545, 364.924 4,938.146 3,493,649 579,906 3,332,456 4,574,094 738,265 506,484 74,246 150,454 2,269,525 1.505.614 --94,032 • 170,652 447,576 55,069 • 509,573 35,195 122.009 120.361 31.117 13.210 9.895 19,531 186,406 423;928 175,756 5 4,831 2.821,690 4,146,O16 6,831,132 140,5.55 2.148,828 '1,283,460 --113,639 4937238 260.716 139,393 --101,979 410,335 1,85-8i7S 2,537,525 658,931 179,432 153,329 120,130 1,989,630 1,211,735 -111,850 713,405 496,423 -30,410 -13,580 40,830 2,247 .11 2,233 87 87 810 .___L i,- 814 1ei Philadelphia & Reading Washington Southern San Antonio & Ariiiii-t7TitTtrE -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1918. 1918. 1917. 1917. 1917. 1918. 1918. 1917. $ $ S $ $ $ $ 3 s 3 $ $ 6,152,794 4,410,48749,368,392 40,685,230 611,009 767,100 112,914 57,604 281,722 1,960.991 1,973,786. 293,499 782,335 899,326 815,632 255,888 118.931 1,501,080 6,360,801 5,771,989 143.471 736.046 125.176 891.086 7,568,742 5,534,439 59,579,364 49,643,556 418,411224,394 2,716,922 1439.599 487,533 434.112 3,087.343 2,927.910 749,511 426.649 5,113,512 3,101,473 14,079 180.624 29,060 118,871 73,711 551,900 55.603 .509,720 1.745,678 982.265 13,176,440 8,857,242 190.701 20.730 270,794 32,589 132,907 489.452 51,865 965,458 38,220 46,865 1,742 13,296 1,722 385,884 454,252 15.802 59,938 4.683 64,372 7,518 2,886,777 2,346,789 27.333,586 20,436,895 115,996 590.284 70,116 910.564 172,123 148,430 1,595.549 1,381.105 5.557,805 3,908,20 47,165,811 33,773,130 185,652 112.060 1.439.0.50 962.928 400.590 275,864 3.275,730 2,606,635 1,626,176 12,41.3,55:3 I2,010,93 112.333 1,277.872 .51 876,670 86,941 5,870,425 --"DT,77 158.248 --188,g6' 321.275 137,163 1,229,089 1,232,737 135,583 56.902 4,745 5.5.586 6,311 15,000 135,000 135,000 15,000 L875,241 1,489,013 J 1,184,188 14,636,677 226.447, 819.744 1-07.588 1.222.249 185.614 143,219 -325,06 71,857 1,571,127 1,114,967 8,203,213' 11,13 -608 00,125 1,062,686 220.834 72,714 320,929 152,609 -242,806 2,169 295 1,127 . 1.126 35 35 732 732 Pittsburgh & Shawmut EARNINGS. Pittsburgh & West Virginia St Louis-Skn Francisco -Month of September- -Jan. 1 to Sept. 30Pennsylvania Company -Month of September- -Jan. 1 to Sept. 301918. 1917. 1917. -Month of September- -Jan. 1 to Sept. 301918. 1918. 1917. 1917. 1918. 1917. $ $ 1918. 1017. $ $ 1918. Coin4,743,625 3.301,222 32,236,888 27,997,790 141,212 1,213,400 146,277 6,785,499 4,979,151 48,698,207 41,980,982 2,004,820 1,571,073 15,369,020 10,947,156 83,924 menced 11,401 10,075 1,653,075 1,379.856 11,762,731 10,264,204 7,251,929 5,200.881 50,714,786 41,916,462 162,755 1,411,655 business 167,629 9,336,260' 7,190,352 67,006,846 58,587,502 534,409 7,208,023 4,854,131 867,065 329,940 April 1 15,096 869,390 10,383,431 6,991,964 54,844 1,244,567 832,677 11,548,372 6,762,953 1,287,391 1917. 377.622 28,303 58,787 2,787,384 1,204,604 17;002.970 10,589,453 590,638 456,257 45,781 68.439 11,482 2,643 743,603 91,317 785,913 1,175 74,896 2,359,439 1,672,069 19,566,517 13,885,917 521,382 41,553 67,473 3,693,624 2,811,538 30,572,143 25,350,026 27,052,111 40,125,329 3,215,892 4.708,472 1,376.045 60,688,873 96,796 45,532,236 5,182,843 198,009 8.015,726 2,543,457 1,984,988 10,589,457 14,864,350 35,610 65,958 1,320,534 2,007,508 6,317,973 13,055,266 -30,379 205,408 2,046,684 1,743,005 216,188 122,189 9,441 300,002 2,605,346 2,700,018 295,898 1,778,734 8,531,544 132,326,264 .TW675 -86,578 4 56,516 3,712,187 10,354,540 ,615 1,024,324 1,707,494 2,292,321 1,685,702 8,061,949 12,472,4f2 58,214 -121,177 --1-,190,371 1,709,936 2,302,470 8,732,334 -45,017 17,948 156,143 265,558 29,506 262,043 28,000 7,000 30,162 4,761 4,761 63 63 1,754 • 1,754 & Worth Grande Fort Rio & Cincinnati Chicago Louis St Pittsburgh Pittsburgh Shawmut & Northern -Month of September- -Jan. 1 to Sept. 30- -Month of August- -Jan. 1 to Aug 31- --Month of September- -Jan. 1 to Sept. 301918. 1918. 1917. 1918. 1018. 1917. 1917. 1917. 1917. 1917. 1918. 1918. $ 3 $ $ $ $ $ $ $ $ a $ 67,354 66,380 497,955 428.688 756,960 816,955 93,761 5,676.606 4,052,801 42,714,847 38,470,835 90,148 288,913 37,157 34,233 205,902 43,880 43,371 6,292 1,950,525 1,451,516 13,901,138 10,276,033 6,394 847,043 112,364 691,381 107,201 881,922 824,203 103,381 8,396,660 6,166,836 63,253,227 54,824,756 99,843 9,247 156,535 19,834 110,951 722,834 ' 7,698,499 6,013,027 953,742 240.084 134,439 24,282 34,779 20,355 18,984 157,769 127,008 3,237,706 1,257,407 17,866,174 10,739,453 406.661 390,865 44,689 56,415 1,594 101,437 15,940 834,866 1,285 14,864 10.164 105,418 913,154 10.395 892 1,280 46.346 46,766 385.286 3,415,044 2,401,147 27,927,620 21,762,214 324,083 46,726 526,593 378.565 63,631 93,598 81,700 7.59.367 615.191 7,954,604 4,673,046 56,415,116 41,161,963 953,071 120,938 1,240,148 161,646 25.801 87,675 18,766 442,05 1,493,789 6,838,110 13,662,73 --61,802 -17,557 -358,225 -128,867 76,190 239,580 2,116,782 2,156.225 2,997 2,712 27,263 244,262 24,943 14,300 14,558 1,795 1,825 15,769 23,088 59,814 197,604 1,254,164 4,720,081 11,505,638 -63,627 -19.352 -372,783 '-143,167 51,205 976,780 2,882,861 9,602,404 -29,930 12,743 15,269 -7,834 -8,415 150,182 98,906 11,686 -128,071 26,847 221,235 241,628 30,162 467 21 , i 235 2,398 235 2,386 204 204 St Louis-San Francisco & Texas Toledo Peoria & Western Port Reading -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept.301917. 1918, 1917. 1917. 1918. 1917. 1918. 1918. 1918. 1917. 1918. 1917. $ $ $ 3 $ $ $ $ S. 5%,225 782,570 557,195 62.996 861,668 77,098 115,355 587.298. 198,845 124,593 1,331.217 1.219.007 42.480 12,257 21.426 118,986 337,754 52,054 188,909 322,420 108,803 1,192,109 90,863 1,038,040 102,041 177,830 849,990 952,070 257,995 156,631 1,821,779 1,442,711 17,625 y.212,192 11,196 134,766 20,015 28,194 150,804 167,664 180,609 13,378 98,698 15,895 26,528 , 349,241 14,733 164,660 19,825 71,099 141,606 250,841 87,898 131,068 18,948 8,544 2,554 1,786 17,364 23,259 1,140 2,418 19,475 21,762 355 414 40 116 43,336 41,681 470,374 51,280 79,316 392,751 566,016 384,256 921,196 792,410 73,373 79,040 94,278 1,198,180 187,431 756,928 74,520 842,812 97,474 868,802 111,832 985.799 98,006 1,245,190 14,525 -6,070 4,566 -9,600 93,062 16,342 195,227 83,268 576,589 146,16A 456,911 58.625 8,000 1.648 8.500 1,491 14,856 84,253 13,422 69,000 87,666 93.506 10,500 10,000 6,525 -90,324 -18,100 14,851 180,129 2,918 48,1EK 79.596 488,922 36-37411 14,268 136.163 11,762 -14,090 ---219,496.21;860 32,173 -20,317 17,782 176,012 14,212. 270,600 -17,191 122,180 21 247 (See also on page 14) 247 143 134 21 21 Peoria & Pekin Union EARNINGS. 11 RAILWAY EARNINGS Nov., 1918.] Rutland -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1917. 1918. 1917. 1918. 1918. 1918. 1917. $ $ $ S $ II $ $ 90,004 205,557 2,004.473 1,793.855 126.081 254.665 981,621 809,938 2,980 875,999 972.475 143,795 3,792 137.033 35,394 33,135 94,636 .1,027,882 414.328 3,434,027 3,257.553 485,785 130,911 855,928 21,032 , 240,451 395.776 546.665 42,630 80,619 34,640 152,570 29,050 691.312 94,917 519.090 261,737 61,020 39,066 197,865 1,041 95,737 10,893 94,025 10,699 11,286 1,184 9,695 28,037 184,966 397,189 159,398 1,700.856 1,338.104 44,663 256,187 81,904 940,376 285,044 3,122.949 2,431.875 382,099 122,694 646,629 12,731 129,284 311,077 825,678 87,505 103-33-/-63 8,217 209.298 718 159,896 169,971 31,876 26,342 18,381 11,208 3,835 102,936 151,155 12,013 55,620 85,304 655.546 198,090 4,382 788,406 239,554 39,099 92,200 163,708 119,023 423,327 4,514 415 468 94 94 Seaboard Air Ildrue -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. $ $ s• $ 1,989,413 1,482,694 15,991,017 14.560,067 1,583,442 801.870 10,052,767 5,256,911 3,971,221 2,492.372 28,604,483 21,939,978 304,226 3,430,369 2,435,642530,585 845,447 432,143 6,541,002 3,632,637 693.963 72,400 606,146 68,662 1,368,174 921,528 12.056.966 8,069,038 2.923,530 1,817,243 23,613,095 15,578,646. i.,-04T691 675.129 4,991,388 6,361,331 112,500 1,096,119 i 992,354 118,210 562,411 3,887,084 5,361,024 928.682 916,230 574,335 3,383,919 5,114,711 1,444 13,003 3.461 3,563 [VoL. 107. RAILWAY EARNINGS 12 South Buffalo Southern Pacific System (Concl.) , Spokane International -Month of September- -Jan. 1 to Sept. 30-Month of September- -Jan. 1 to Sept. 30Arizona Eastern -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. BARNINGS. 1917. 1918. 1917. 1918. $ $ $ $ 531,834 45,387 43,783 431,520 395,302 77,897 78,448 601,380 326,910 196,717 2,701,895 2,520,437 Freight revenue 50,583 53.185 426,253 467,347 13,022 18,848 117,650 135,890 Passenger revenue_ _ _ 111,022 93,714 83,880 1,161,813 919,805 100,759 745,237 , 692,631 403,029 280,714 3,333,836 3,228.649 Tot., incl. other rev. 21,805 11,187 131,607 98,664 67,224 15,505 13,882 120,907 142,050 38,660 605,017 . 388,507 Expenses-Maint.way 14,136 12,569 140,727 113,328 13,883 6,131 32,414 78,184 51,244 36,160 471,731 316,885 Maint. of equipm't_ 2,981 1,766 263 156 1,566 13,095 17,750 1,236 1,515 22,198 24,093 2,759 Traffic expenses_ _428,955 28,653 26,672 68,615 51,667 620,559 106,937 244,409 218,606 67,964 859,842 693,553 Transportation exp_ 62,783 52,229 489,582 106,340 77,179 912,263 659,740 462,695 246,117 166,762 157.639 1,617.280 Total,incl. other. 30,930 48,530 255,654 4,682 6,700 249,549 260,065 229,936 156,912 113,951 1,176,196 1,611,363 Netfrom railroad_ _ 3,162 3,066 27,900 29,844 27,163 1,400 3,100 12,600 17,875 150,860 19,943 152,859 Taxes (less war taxes) 27,757 45,463 3,282 236,949 232,165 225,794 202,163 3,600 138,957 94,007 1,022.393 1,459,846 ..Net after taxes 26,108 38,939 --1,087 --13,512 194,935 163,985 118,221 70,708 139,079 85,962 948,520 1,268,712 Net after rents . 2,026 900 100 1,700 43,700 15,300 78,900 War taxes 154 163 36 35 377 377 Aver. miles of r'd oper. Galveston Harrisburg & San Antonio Spokane Portland & Seattle Southern Railway System -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30Southern Railway -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. 1017. 1918. 1917. 1918. BARNINGS. 1918. 1917. .$ $ 1918. 1917. I $ $ $ 16 $ 567,649 383,697 4,148,948 3,365,883 8,011,685 4,829,426 54,313,669 42,694,771 1,484,132 1,290,133 10,974,476 10,267,675 Freight revenue 156,559 161,021 1,566,253 1,282,391 4,485,385 2,650,394 31,438,257 16,189,708 466,463 385,959 3,924,784 3,307,490 Passenger revenue 769,684 593,427 6,102,301 5,015,181 Tot., incl. other rev. 13,394,714 8,130,031 93,110,470 64,707,807 2,058,876 1,807,943 15,888,500 14,388,058 123,928 71,257 970,455 10,165,572 7,332,254 724,930 579,085 Expenses-Maint.way 1,473,783 Cr.2,507 173,243 1,618,211 1.725,172 149,113 45.228 651,630 401,694 947,791 1 1,384 2,753,141 1,793,498 Maine. of equipm't_ 2,170,858 1,273,910 17,625,557 10,705,601 111,139 164,085 1,181,608 1,513,631 7,645 4,530 53,048 72,386 Traffic expenses 16,574 35,526 232,378 298,824 4,336,135 2,849,343 34,643,642 22,448,502 238,154 151,757 1,865,574 1,171,837 Transportation exp_ 629,709 537,718 5,781,667 4,611,085 535,202 294,209 3.497.915 2,385,805 978,163 10.890,111 8,841,355 Total., inch other_ 8,376,163 5.459,025 66,079.446 43,810,403 1,651,966 5,018,551 2,671,00627,031,024 20,897,404 234,482 299,218 2,604,386 2,629,376 406,910 Not from railroad.._ 829,779 4,998,388 5,546,703 297,427 2,769,468 2.559,095 295,093 77,000 58,300 632.405 51,110 65.942 522,990 506,003 498,780 Taxes (less war taxes) 157,479 240,828 1,971.503 2.105,742 4.720,501 2.372,973 24,223,870 18,315,259 355.678 760.563 4.489.900 5.037,593 Net after taxes 190,402 4,689,948 2,302,017 22,817,777 17,897,846 216,773 2,109,635 2,045,931 389,142 696,275 4,197,160 4,505,227 Net after rents 93,000 419,000 2,500 331,381 22,500 331,381 War taxes • 6,982 6,982 554 554 1,382 1,360 Aver. miles ofr'd oper. Alabama Great Southern Houston & Texas Central Staten Island Rapid Transit -Month ofSeptember- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 301917. 1918. 1918. 1918. 1918. 1917. 1917. 1918. 1917. 1917. 1918. 1917. $ $ $ $ $ $ I $ $ $ $ $ 101,022 64,384 613,900 405,241 4,507,136 3,550,732 607.407 503.058 591,482 548,233 4.612,761 3,950,208 Freight revenue 80,851 172,713 1,804,152 1,201,088 63,100 633.688 291,518 547,505 254,296 179,381 1,653,467 1,238,407 Passenger revenue 971,361 202,197 140,474 1,401,613 1,154,479 619,087 6,720,937 5,137,531 913,584 772,906 6,726,304 5,611,145 Tot., incl. other rev. 31,918 58,947 548,962 568,651 --24,515 21,082 242,552 68,233 160,058 Expenses-Maint.way 80,461 792,456 754,811 22,115 237,256 123,651 1,569,921 1,073,261 12,301 188,226 124,936 514,311 72,419 1,184,041 Maint of equipm'C. 690,793 966 8,418 16,234 116,307 148,776 921 12,229 9,768 4,615 17,614 Traffic expenses 100,561 158,188 190,804 2,505,255 1,565,593 92,329 369,853 64.897 696,471 535,685 258,304 Transportation exp_ 226,239 2,512,940 1,821,745 155,947 404,512 4,899,826 3,477,870 104.533 1,209 057 700,181 768,289 874.442 416,197 4,757.734 3,620,111 Total,in other_ 46,250 35,010 271,179 214,574 1,821,110 1,659,660 192,555 280.036 145,295 256,209 1,968,569 1,991,033 Net from railroad. _ 14.000 9.000 96,000 19,674 189,488 181,307 69.000 21,228 32,199 35.837 319,606 298.095 Taxes (less war taxes) 32,20 26.9360137-534 249,920 194,888 1,628,559 1,478,079 112,965 210.950 319,32(1 1,646.831 1,687,774 Net after taxes 20,248 218,987 1,742,880 1,835,683 42.796 250,992 128,149 148,417 311,224 176-66,308 1,737,046 Net after rents 16,500 57,500 4,000 55,925 36,000 55,925 War taxa 23 23 312 312 948 887 Aver. miles of r'd oper. Georgia Southern & Florida Houston East & West Texas Tennessee Central -Month of September- -Jan. 1 to Sept. 30- -MonthofSeptInnber- -Jan. I to Sept. 30- -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. EARNINGS. 1918. 1917. 1917. 1918.\1917. 1918. 1918. 1917. 1917. s $ $ $ $ 193,613 155,302 1,554,247 1,207,761 169,802 Freight revenue 151,269 110,000 1,406,263 112,020 1,072,971 923,645 952,032 89,267 797,285 623,160 92,176 109,721 Passenger revenue_ _ _ 43,158 44,212 37,374 710,588 366.714 309,559 294,00 265,643 2,600,014 2,070.646 316,991 Tot., incl. other rev. 292,087 207,132 162,557 2,216,978 1,321,070 160,780 1,525,613 1,335,770 381,751 295,519 .Expenses-Maint.way 35,893 54,253 22,965 72,343 22,741 20,448 459.798 217,549 211,391 171,110 675,334 472,698 51,381 126,591 122,058 , Maint. of equipm't_ 74,403 22,628 15,759 455,539 203,103 211,348 150,338 7,530 44,146 65,768 3,257 Traffic expenses_ 356 830 4,938 25,412 2,118 43,918 15,781 20,277 90,691 1,119,417 757,739 140,311 Transportation exp. 123,889 84,090 55.349 54.756 901,571 651,058 478,747 429,712 194,296 2,323,115 1,680,436 335,300 Total,intl. other. 334.566 185,718 112,066 1,907,689 1,009,335 96,567 1,117.993 804.403 71,346 276,898 390,209 --18,309 Net from railroad.... 21,414 50,490 3159,289 64,212 407,620 311,735 531,367 -42,478 12,883 122,006 116,124 13,168 5,450 4,800 Taxes (less war taxes) 5.627 6,215 48.657 43,200 57.115 53.594 154,156 272,840 -31,480 58,410 45.690 Net after taxes__.._ 15,778 57.262 260.504 350.195 268,499 476.231 -47,935 226,909 455,768 -27,191 72,249 Net after rents 14,283 36,107 53,839 86,844 316,018 179,603 452,846 -58,941 5,591 563 1,200 242 49,492 War taxes 10,800 402 402 293 Aver. miles of r'd oper. 190 292 190 Mobile & Ohio Louisiana Western Terminal RR Assoc'n of St Louis -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- Terminal Railroad Association of St Louis Month of September- -Jan. 1 to Sept. 301918. 1917. EARNINGS.\ 1918. 1917. 1918. 1917. 1918. 1917. I $ 1918. $ 1917. 1918. i $ $ $ $ 1917. 965,220 8,791,719 8,478,047 1,078,486 Freight revenue 268,798 214,682 2,112,231 1,728,450 161,879 1,491,127 1,137,334 3,372 209,714 2,698 Passenger revenue_._ 107,914 78,046 28,471 10,638 937,045 648,161 Tot., incl. other rev. 1,383,658 1,192,176 10,917,409 10,178,518 402,276 368,687 293,397 2,828,704 2,868,273 313,378 3,235,334 2,528,131 163,691 126,568 1,387,172 1,085,271 Expenses-Maint.way 24,560 62,211 49,159 500,422 18,801 349,344 252,767 202,398 750,706 306,520 3,418,876 2,389,375 Maint. of equipm't_ 157,467 56,447 28,516 34,896 364,746 471,919 190,876 294,714 289,124 339,886 _ 24,919 37,067 Traffic 3,799 699 958 7,582 7,990 8,893 54,583 70,328 expenses_exp.. 412,335 4,962,012 3,490,533 Transportation 539,546 97,082 153,669 106,112 1,328,887 69,230 876,864 824,457 560,118 916,863 10,377,928 7,601,987 Total, incl. other_ 1,513,504 294,970 278,575 199,102 2,269,627 1,495.333 134,923 1,710,861 1.213,262 539,481 2,576,531 -129,846 275,312 Net from railroad.. 107,306 90,111 94,294 178,455 1,524,473 1,314,869 559,076 1,372,939 40,192 388,104 387,285 43,376 34.403 14,675 193,620 36.066 288,307 Taxes (less war taxes). 122.932 281,553 338.794 149,351 2,186,841 --173,222 234,940 92.243 -15,240 1.400.209 Net after taxes 55,708 58,228 270,726 1,091,359 974.975 247,831 245,596 2,531,196 -188,391 Net after rents 92,633 -11,719 1,407,937 '1,024,250 194,596 190,636 1,442,610 2,062,292 23,166 26,068 63,235 6,359 War taxes 57,482 13,259 19,897 1,160 991 Aver. miles of r'd oper. 207 36 207 36 Southern Ry in Mississippi Morgan's Louisiana & Texas RR & SS St Louis Merchants Bridge & Terminal , -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. I to Sept. 301917. EARNINGS.., 1917. 1918. 1918. 1918. 1918. 1918. 1917. 1917. 1917. 1918. 1917. $ $ $ $ $ $ $ $ $ $ 539,558 85,345 67,344 '565,702 Freight revenue 426,692 4,182,563 3,446,101 601,973 364,798 268,458 46,453 38,877 Passenger revenue_ _ _ 429 122,345 1.420.212 1,030,300 2,628 163,544 3,825 7,129 115,804 1,013,057 890,157 Tot., incl. other rev. 145,679 332,425 584,346 6,034,736 4,794,403 316,004 2,687,350 2,327.833 732,758 21,853 230,684 , 188,905 Expenses-Maint.way 31,699 46,473 42,873 76,485 60,224 371,102 288,620 630,962 509,893 9,959 128,181 78,755 Maint. of equipm't_ , 58,718 34,770 26,342 47,578 1,023,454 . 677,651 323,032 417,344 143,566 2,605 20,962 20,480 Traffic expenses 658 1,987 910 7,292 11,920 5,306 , 8,404 75,718 106,360 48,713 528,391 '388,048 Transportation exp_ 213,846 65,694 139,936 1,742,229 1,187,706 166,865 2,070,044 1,382,932 216,240 87,109 947,009 714,371, 324,436 136,973 Total,incl. other_ 217,781 2,498.292 1.698,982 732,814 303,337 3,962,702 2,812,866 28,694 66,047 175,785 Net from railroad_ _ ,8,705 7,988 98,222 189,057 628,850 -56 281,008 2,072,033 1,981,537 9,500 9,000 81,000 86,165 Taxes (less war taxes) 8,659 7,516 75.537 33,626 64,166 131,718 252.964 384,567 19,185 --14,964 --294 -670 Net after taxes.. 89,439 -33,000 90,706 113,463 149,048 1,816,693 1,593.659 564,656 2,810 --114,138 Net after rents -2,050 -7,933 3,066 37,356 36,136 294,451 154,267 1,704,063 1,648,288 War taxes 1,787 2,560 3,671 24,803 278 278 Aver. miles of r'd oper. 9 9 400 400 EARNINGS. Southern Pacific System Southern Pacific -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. Freight revenue 9,783,102 7,564,823 71,986,706 62,485,432 Passenger revenue 3,654,187 3,018,022 29,746,341 23,911,279 Tot., incl. other rev. 14,583,550 11,643,531 111293,855 94,966,809 Expenses-Maint.way 1,489,495 823,439 13,405,462 9,169,805 Maint. of equipm't_ 2,104,166 1,307,713 18,937,500 12,303,905 Traffic expenses 102,136 163.448 1,170,071 1,444,000 Transportation exp_ 4.912,600 4,016,970 43.801,180 31,519,791 Total, incl. other_ 9,055,468 6,780,187 81,497,594 58,067,731 Net from railroad_ _ _ _ 5,528,081 4,863.343 29,796,260 36,809,077 Taxes (less war taxes:. 519,112 4,824,134 4,525,008 755,335 Net after taxes_ _-- 4,770,577 4,341.310 24,947,009 32,348,805 Net after rents 4,681,450 4,288,304 25,613,237 32,555,177 War taxes 7,104 7.102 Aver. miles of r'd oper. EARNINGS. Texas & New Orleans -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. $ $ $ $ 418,933 392,009 3,662,819 3,200,384 170,667 124,053 1,397,640 1,019,055 634,497 577,500 5,505,920 4,615,493 44,049 44,478 624,215 421,862 701,460 83,938 1,432,851 705,926 4,688 9,299 55,813 79,130 201,014 156,989 1,965,032 1,373,852 971,925 336,527 4,327,662 2,811,002 -337,427 240,972 1,178,257 1,804,490 19,416 20,423 196,613 197,019 -357.079 219,412 970,616 1,604,135 -364,026 220,933 947,426 1,577,712 600 5,400 . 469 468 Texas & Pacific -Month of September- -Jan. 1 to Sept. 301918. 1918. 1917. 1917. $ $ $ $ 1,721,454 1,153,785 12,209,495 10,442,277 657,789 668,690 5,518,435 4,331,060 2,521,773 1,862,020 18,959,541 15,891,190 350,904 173,181 2,568,596 1,693,937 492,312 299,735 3,596,308 2,151,620 241,189 23,710 38,444 358,625 1,090,201 665,271 8,084,647 6,407,434 2,040,099 1.249,156 15,209,443 11,216,797 481,673 612,80 3,750,097 Wr4,30 100,482 92,578 796,082 751,070 519,876 2,94c. itrg Wi - 3,91570-6 380,885 50,821 2,650,998 3327,000 ,632,28 12,281 32,422 12,281 63,930 1,946 1,946 13 RAILWAY EARNINGS Nov., 1918.1 Toledo St Louis & Western Union Pacific System (Concl) Western Maryland -Month of September- -Jan. 1 to Sept. 30St Joseph & Grand Island -Month of September- -Jan. 1 to Sept. 301917. 1918. 1918. 1917. -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. $ $ 1917. $ $ 1918. 1917. 1918. $ $ $ $ Freight revenue 139,962 1,566,922 1,372,708 1,283,015 1,001,710 9.602,461 8,442,108 173,884 695,877 4If 559,098 5,064,874 4,659,130 824,468 776,015 114,681 235,806 106,256 Passenger revenue.. 282.641 30,288 328,390 731,605 35,644 69.594 'r 51,658 Tot., incl. other rev. 184,219 1,967,971 1,726,287 1,455,298 1,205,513 11,009,405 9,938.957 223,212 642,045 6,034,530 5,235,401 790,014 130,542 1,731,666 1,109,901 Expenses-Maint.way 694,841 317,919 386,885 132,437 802,312' 966,521 46,042 91,073 117,135 231,824 3,356,641 1,924,559 221,447 Maint. of equipm't_ 579,556 349,890 27,420 773,793 41,624 97,453 1,306,418 333,446 207,363 185,330 22,094 32,287 16,496 Traffic expenses_ _ _ 21,079 3,167 163,053 104,601 2,246 18,894 4,645 Transportation exp_ 633,477 646,691 386,757 5,258.425 3.439.613 72,260 1,017200 120,311 207,496 2,336,442 1,840,758 328,128 7.046,785 ' other.. 815,841 10,924,411 Total, incl. 243,781 1,857,391 1,645,206 1,602,946 222,420 428,034 4,811,654 3,665,771 792,614 84,994 2,892,172 389,671 81,081 -147,647 110,580 Net from railroad_ 791 -59,561 214,010 1,222,875 1,569,629 -2,599 326.000 388,800 34.000 79,467 43,200 77,458 8,829 197,200 Taxes (less war taxes) 181,000 8,606 22,000 25,000 _ 355.671 -303.805 2,566,172 1,396 -190.847 Net after taxes..__ 35,092 --7,820 --68,391 191,980 1,025,667 1,387,791 -27,593 2,924,139 rents Net after 407,698 -65,759 5,022 --18,399 -194,398 963,918 -10,124 -70,797 732,218 142,420 52,340 15.000 61,200 15,000 6,800 War taxes Aver. miles of r'd oper. 697 707 258 258 454 454 EARNINGS. Western Pacific Union RR (of Pennsylvania) Ulster 85 Delaware -Month of August- -Jan. to Aug. 31- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 391917. 1918. 1918. 1917. 1917. 1917. 1918. 1918. 1917. 1918. 1918. 1917. i $ $ $ Freight revenue 798,144 6,917,060 5,837,549 891,736 315.160 387,564 48,395 43.325 Passenger revenue_ _ _ 147,718 1,064,819 1.091,658 105.043 228,487 164,113 70,663 60,997 Tot., incl. other rev. 985,519 8,348,465 7,256,095 533,653 5,133,946 4,350,104 1,036,991 695,679 139,563 823,772 679,693 129,188 Expenses-Maint.way 378,177 164,866 1,350.837 1.157,434 460.310 39.265 185,495 104,190 50,94 11,606 52,469 18,450 697,447 Maint. of equipm't_ 82,912 1,069,650 174,891 1,448,390 1,386,324 125,588 87,441 9,534 164,166 111,574 23,742 _ Traffic 190.090 153,687 2,261 2,634 506 20,775 12.715 10,128 720 16,058 1,253 961 exp.. expenses_.Transportation 2,137,076 2,606,848 310,560 2,735,071 2,251,179 321,162 283.367 401,076 315,982 54,689 311,033 54,937 Total,incl. other.. 4.471,701 5,488.830 636.568 4.698,655 4,075,448 676,372 504.508 664,922 511,034 542,325 101.804 84,442 Net from railroad_ _ _ _ 435,290 274,655 348,951 2,859,635 2,784,394 29,144 360,618 184,644 281,447 14,771 55,120 27,384 355,728 417.085 Taxes (less war taxes) 92,713 92,012 39.716 40,114 800 32.000 36.800 4,000 13,380 4.600 Not after taxes_ _ 342,571 309.225 2,440.928 2,428,543 182,643 21.144 320.468 51,127 -22,067 . 152,755 268,067 22,810 Net after rents 987,814 278,937 2,445.569 2,272,627 717,414 80,521 296,923 132,889 22,81 47,552 -16,769 56-0,63d War taxes 200 1,600 Aver. miles of r'd oper. 958 1,011 35 35 128 128 EARNINGS. Union Pacific System Utah Western Ry. of Alabama 30Union Pacific -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 1917. 1918. 1917. 1918. -Month of September- -Jan. 1 to Sept. 301917. 1918. 1917. 1918. 1917. 1918. 1917. 1918: S $ $ $ 671,544 Freight revenue 979,059 146,405 RK 96,599 8,043,030 5,054,627 50,629,517 39,041,030 1,012,031 131,260 406,827 Passenger revenue.._ _ 1.873,699 1,509,302 13,488,700 9,911,168 686,006 49,369 136,445 5,546 626 Tot., incl. other rev. 10,527,835 7,204,241 69,858,762 54,346,185 1,200,208 1,816,042 161.694 303,932 1,023,264 132,882 aint.wp.y 140.820 ExAenses-M 221,695 15,767 29,311 721,918 7,601,249 6,760,007 1,103,969 114,548 24,583 allnt 237,801 336.941 27,494 41,766 860,654 11,442,934 6,972,766 118,739 equiPm t- 1,506,937 18,636 expenses_ Traffic 57,436 36,433 6,428 2,484 612,006 1,030,613 99,731 39,574 1,516 150 Transportation exp_ 2,444,859 1,992,023 19,515,108 15,752,195 382,911 606,117 48,086 75,873 201,488 24,527 Total,incl. other.. 5,505,087 3,924,766 42,464,414 32,856,218 879,907 104.491 1.281.506 158.156 486,106 73,213 Net from railroad.. _ _ _ 5,022,748 3,279,474 27,394,348 21,489, 67 320.301 534,536 57,203 145,775 537.158 59,66g Taxes (less wa.• taxes) 63.341 63.000 14,400 7,000 255,160 2,552,778 2,437,867 283,642 58,834 22,469 Net after taxes___- 4,738,844 3,024,140 24,838,444 r9,049,058 256.936 471.4.10 42.802 138,775 478.323 37,198 Net after rents 312,969 458,781 47,5g 137,528 -4 18,897,T81 ,N 4,693,897 2,938,715 25,36-3 415,739 32,941 War taxes 11,169 801,328 726,174 1,241 109,904 126 3 Aver. mAes of r'd oper. . 80,686 133 3,621 133 3,610 98 Oregon Short Line Wheeling & Lake Erie Vicksburg Shreveport & Pacific -Month of September- -Jan. 1 to Sept.30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1917. 1918. 1917. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1918. $ $ $ \ $ $ $ a $ $ $ $ $ Freight revenue 8,801,422 6,854,011 18,249,220 16,301,843 1,947,894 935,523 1,241,326 2,540,071 910.634 1,049,128 124,662 142,035 Passenger revenue_ 488,324 357.686 576,362 4.622,736 4,226,630 57,882 49,492 549,191 • 412,857 570,016 53.670 71,893 Tot., incl. other rev. 2,741,862 24,617,876 22,287,153 '195,188 1,871,225 1,493,401 1,434,044 1,076,312 9,992,774 8,025,716 254,059 Expenses-Maint.way 3,283,076 291,335 3,315,267 2,486,759 134,002 1,461,941 1,020,854 380,937 205,919 159,092 237,471 22,512 36,161 Maint. of equipm't_ 269,958 3,594,815 2,400,876 178,377 2,345.881 1,274,250 530,297 293,324 267,727 433,278 30,165 60,892 Traffic expenses.._ _ 78,911 67,488 210,507 32,609 13,270 323,389 18,568 6,413 45,646 40,937 5,412 1,164 Transportation exp_ 689,423 7,146,267 5,820,458 350,985 4,037,546 2,815.498 903,050 503,800 473,347 691,096 59,671 84,721 Total,incl. other._ 1,964,777 1,415,050, 15,467,675 12,122,006 5.384.325 8.159.805 698.883 125,200 1.507,764 1.009,660 1,035,613 195,493 Net from railroad__ 173110,i8,298 1,326,811 65,146 377,428 1,832,968 2,641,391. 398,430 483,740 363.460 69,988 5g76-65 Taxes (less war taxes) - 157,754 408.671 143,290 1,419,786 1,337,412 473.616 48.608 58,800 88,671 86,871 5,399 9,414 Net after taxes_ _ _ _ 1,160,03 1,183,468 7,728,008 8,82TT3 328.819 1.358.751 2,232,710 339,630 394,572 276,438 64.588 49,1'IN Net after rents 1,471,635 E179 0 5 7 747,719 1,142,499 7,964,818 8,974,334 259,356 343,768 457,612 72,921 288,885 39,573 War taxes 44,642 24,500 312,496 220,500 Aver. miles of r'd open 2,306 2,335 512 511 171 171 Oregon Washington En & Navigation Wichita Falls & Northwestern Virginian -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 19171 1918. 1918. 1917. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918 $ $ t $ $ i $ i Freight revenue 459,543 477.936 43,612 1,756,979T1,194,400 12,579,493 10,725,618 1,044,628 74,231 696,113 7,634,175 6,890.971 . passenger revenue 226,071 " 622,950' 4 571,543 4,901.834 3,895,401 221,464 30,327 27.685 476,401 412,757 63,310 66,644 Tot., incl. other rev. 751,300 763,278 83.371 110,04% 818.609 8.679,748 7,750,504 Expenses-Maint.way 2,589,778 1,917,154 19,274,863 15,956,265 1,180,591 201.763 301,704 2,785,445 2,403,742 266.032 356,482 13,527 42,786 597,588 982,246 70,915 159,494 Maint. of equipm't_ 116.226 192,043 230,901 2,724,891 1,719.709 17,189 594,638 20,610 125,651 1,692,025 1,135,998 227,024 Traffic expenses_ _ _ -16,737 11,763 45,098 1,854 24,293 454 287,280 415,220 52,906 53,250 5,768 3,898 • Transportation exp_ 346.788 456,120 680,058 7,364,840 5.273,682 33,681 59.682 897.574 2,077,923 3,411.536 226.077 397,302 Total,incl. other_ 729,011 974,759 1,357,202 14,255,303 10,712,485 71,250 1,994,980 129,143 4,151.613 6.255,033 461.865 800.498 Net from railroad.. _ _ _ 22,288 12,120 --211.480 5,0 ,560 5,243,780 594,708 380,092 ----3-E6,743 2,424,714 3,598,891 --19,100 Taxes (less war .axes) 73.361 79.760 116,287 1,111,194 12,083 123,466 8,862 914,162 357,130 333.584 36.584 37.300 Net after taxes_ -51.97/ 3/ 443T648 3T906,402 4,328,847 -291.316 470,410 --27,995 2,067.555 3.265.280 320.159 342,707) Net after rents gURZ 3,562,281 3,951,769 957 -341,187 --53,930 421,109 345,317 1,870,374 3,507,914 --30,217 302,662 ,War taxes 60 1,835 ., 5,050 16,515 33,415 82,870 33,415 7,700 Aver. miles of r'd oper. 328 2,065 J•le 2,070 328 512 518 Total Company Yazoo & Mississippi Valley Wabash -Month ofSeptember- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30- -Month of September- -Jan. 1 to Sept. 30EARNINGS. 1918. 1917. 1918. 1918. 1917. 1918. 1917. 1917. 1917. 1918. 1917. 1918. $ $ $ $ $ $ $ $ Freight revenue Passenger revenue_ _ _ 12,340)80 8,196,921 81,458,229 66,068,491 3,290,358 2,465,286 24,237,781 21,497,447 1,633,615 1,166,835 12,112,999 9,647,767 3,045,840 2,657,207 23,013,269 18,033,199 312,829 3,146,564 2,346,736 5,645,742 395,558 7,573,765 764.540 927,283 rev. other Ind. Tot., Expenses-M aint.way 16,400,689 11,863,257 113751,01 92,669,603 4,550,246 3,541,720 34,351,330 29,721,580 2,109,072 1,571,416 15,933.644 12,712,817 263.656 2,183.672 2.265.341 267,119 354,239 4,237,217 2,883,141 624,083 Maint. of equipm't_ 1,841,388 1,314,957 13,701,948 11,650,508 261,181 3,373,413 2,142,516 458,821 Traffic expenses.. _ _ 2,631,872 1,361,513 17,762,638 11,093,381 1,119,842, 453,890 6.862.593 3,974,773 197,095 82.435 142,019 22,537 177,438 1,109,792 1,769,222 16.259 802,855 558,473 Transportation exp_ 79,227 60,212 479,911 5,917,467 4.168.725 4,245,483 652,663 3,361,504 12.179.772 16,198.506 35 1,400.839 1,958,033 34,026,214'26,846,3 Total. incl. other_ 12.019,460 9.050.543 9,464,844 1,443.705 1,039.644 20.667.222 6,697,018 72.187.391 28.825.897 55,690,709 2.383.190 3.882.647 _ _ _ Net from railroad_ 21-74-3T 9,054,358 665,367 531,771 3,914,184 3,662.273 667,599 1,158.530 775:Poxes (less war taxes) -670355iTi.8,166,236 4-170-47166 41,898,891 500.694 564,862 561.255 62.333 981.271 64,029 999.770 516,737 5,073.760 4.681,441 134.352 110.785 Net after taxes_ _ 4:WM 36,472.852 32,203,037 6,369,286.469.282 Th.350.75i 3,099,134 601.228 4,524.033 8,068,984 '1,023.870 Net after rents 6,257,505 4,51-677 6670-6;68-6 31,823,383 443,396 2,940,298 2.935.257 557,147 831,764 2,141.783 5,421,164 346,067 War taxes 107,021 389,355 57,067 81,747 9,083 5,511 159,596 963,189 1,149,178 Aver. miles of r'd oper. 8,010 1,382 1,382 7,997 2,519 2,519 EARNINGS. 9.lmr,2-6r --5-8-0-,-ar RAILWAY EARNINGS [VoL. 107. COMPANY RETURNS All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Commerce Commission at Washington. A few railroad companies still issue monthly statements of their own, though under Government control the number of these has been greatly reduced. The form of these company returns is often different from that prescribed by the Commerce Cmmission. In some instances the figures in the two returns correspond, but the company statements go beyond the requirements of the Commission and give fixed charges and income from investments in addition to earnings and expenses. It is our purpose that each issue of the "Railway Earnings Section" shall furnish an absolutely complete record of all monthly returns, in whatever form issued, that may be put out by any steam railroad in the United States. Accordingly, we bring together here all the company statements (few though they be) where they differ in any way from the returns to the Commission, or where they embrace more facts than are contained in such returns. In these instances, of course, uniformity is lacking. Each company makes up its statement according to its own conception of what will serve best to convey a correct idea of the course of its income in the distinctive circumstances that may attend its operations or the character of its business. We in turn give the statements in the precise form furnished by the companies. Obviously, we cannot undertake to reconcile differences or discrepancies that may appear between the company figures and the Inter-State Commerce returns. It should be distinctly understood that where the company statements are identical with those rendered to the Commerce Commission, and do not include any additional items, we do not undertake to repeat them here. In such cases the reader must look for the figures among the detailed statements on preceding pages, which include every steam road that is obliged to make monthly returns to the Commission. Chicago Great Western Bellefonte Central month of July- -Jan. Ito -Month of August- -Jan. 1 to Aug. 311917. 1918. 1918. 1918. 1917. 1918. 1917. $ $ $ 3 3 3 3 Miles operated 1,496 1.496 54,321 Total operating revenue 9,087 57,607 6,487 1,712,829 1,378,105 10,123,320 49.667 , Total operating expenses 5,165 48,205 5,447 1,405,553 1,026,810 9,295,096 4,654 3,922 9,492 1,040 Net revenue from railroad op210 1,976 1,680 247 eration 351,295 307,276 828,224 7.812. 793 2,678 3,70 Net Income after charges 86,821 125.946 det736,485 Gross receipts Operation Net Interest and taxes Surplus Ju/y 311917. $ 9,212,981 7,052,760 2,160,221 740,504 New York Chicago & St Louis Buffalo Rochester & Pittsburgh -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. Operating revenue Operating expenses Net revenue Taxes Uncollectible revenue Operating income Misc, and non-operating income Gross income Deductions Net Income S 1,771,502 1,532,400 234:102 33,500 205,602 26,307 251, -9 -0 -0 209,207 22,702 $ s s 1,371,263 13,650,897 10,987,641 1,000,416 12,561,720 _ _ 8,638,276 280,847 1,089,177 2,349.365 33,000 301,500 281,000 238 204 247.847 787,439 2,068,161 97,160 708,276 958,177 345,007 1,495771537026,336 185,137 1,778,868 1,628,764 159,870 -283.153 1,397,574 Fonda Johnstown & Gloversville -Month of September- -Jan. 1 to Sept. 301918. 1917 1918. 1917. $ Total railway operating revenues__ 116,327 95,622 843,017 805,951 Railway operating expenses 63,188 49,703 502,712 448,840 Net revenue from railway()per53,139 45,919 340,305 357,111 Railway tax accruals 4,500 4,200 40,500 33,300 Railway operating income 48,639 41,719 299,805 323,811 Miscellaneous operating Income__ _ 5,192 5,436 7,017 8,779 Total operating income 53,831 47,156 306,822 332,590 Non-operating income 2,819 634 25,893 16,994 Gross income 56,650 47,789 332,716 349,584 Total deductions from gross income 32,392 32,958 297,238 206,006 Net Income 24,258 14,831 35,177 ' 53,578 -Month of September- -Jan. 1 to Sept. 301918. 1917. 1918. 1917. $ $ $ $ Operating revenues 2,230,058 1,488,383 15,633,914 12,657,904 Operating expenses 1,783,004 1,142,828 12,423,647 9,793,898 Net operating revenue 447,054 345,555 3,210,267 2,864,006 Taxes and uncollectlble railway revenues 23 55,008 420,156 460,131 Operating income 447,031 290,547 2,790,111 2,403,875 Other income 6.976 44,246 110,831 263,504 Gross income 454,007 334.793 2,900,942 2,667379 Deductions from income 79,666 35,999 618,340 696,296 Net income 374,341 298,794 2,282,602 1,971,083 New York Ontario & Western Operating revenue Operating expenses, taxes and uncollectible revenue Net revenue Other income and deduc'ns, net__ Net income Month of July Jan. 1 to July 311918. 1017. 1918. 1917. $ 3 1,314,416 958,072 6,090,513 5.067,709 826,893 487,523 113,843 373,680 601,149 5,473,009 3,848,758 356,923 617,504 1,218,951 112,208 819,386 720.273 244,715 -201,882 498.678 Toledo Peoria & Western Railroad and outside revenue Operating expenses Net earnings Other income Total net income Fixed charges, &c Surplus -Month of August- -Jan. 1 t Aug. 311918. 1917. 1918. 1917. $ $ 163,281 117.103 1,014,278 843.268 132.824 106.419 1,010.748 774,524 30,457 10.684 3,530 68,744 7,810 15.010 12 6.150 152,179 38.267 129,680 25,694 220,923 6.596 8,880 71.481 181,001 31,671 16.814 58,199 39,922