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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, SEPTEMBER 14, 1918. NO. 2777. T HIS entire publication is devoted to a presentation of the reports of earnings and expenses of United States railroads for the latest month (July) 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. The figures are a transcript of the sworn returns on file at WashingSworn Returns. ton. They have the further advantage of uniformity of method and classification. Every company is obliged to make up its returns on the same basis and in the same way as every other company. The "Chronicle" has always made a specialty of weekly and monthly Earnings reports of railroad earnings, and for nearly fifty years its weekly 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. The cents we have necessarily been obliged to discard altogether, and Cents Discarded. 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. make this publication absolutely complete, we add statements Company Returns To end to show also the figures issued by the companies themat the Also 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 16 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 copy going with each subscription. It will be impossible to obtain one charge, of free it 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 RAILWAY EARNINGS SEPT., 1918.] 3 GENERAL INDEX TO ROADS APPEARING IN THIS SECTION. Page Name— 4 labama & Vicksburg abazia Great Southern. See Southern 12 4 nn Arbor • izona, Eastern. See Southern Pacific_12 4 tehison Topeka 86 Santa Fe 4 tlanta, & West Point 4 tlanta Birmingham & Atlantic 4 tlantic & St. Lawrence 4 Mantic City 4 tlantic Coast Line 4 4 ltimoro & Ohio • ltimore & Ohio Chicago Terminal 4 • ltimoro Ches. & Atlantic. See Penn..10 4 • ngor & Aroostook aum.Sour L.86W. See N.O.T.&M_ 9 14 llefonte Central 4 at Railway of Chicago 4 sssemer & Lake Erie 5 ngham & Garfield rmingham Southern 5 5 •ston & Maine 5 ffalo & Susq. RR.Corp ffalo Rochester & Pittsburgh_ _5 and 14 nadia,n Pacific Lines (in Maine)._ 5 rolina Clinchfield & Ohio 5 Intral New England 5 -ntral of Georgia 5 .ntral RR. of Now Jersey 5 .ntral Vermont 5 arloston 86 West Carolina 5 iesapeake & Ohio Lines 5 ticago & Alton 5 5 ,icago & Eastern Illinois ticago & Erie. See Erie 5 icago & North Western 5 icago Burlington & Quincy icago Dot. & Can. Grand Trk. Jet 5 5 and 14 icago Great Western 5 icago Indianapolis & Louisville 5 icago Junction 6 icago Milwaukee & St. Paul 6 icago Peoria & St. Louis RR 6 icago Rock Island & Gulf 6 icago Rock Island & Pacific 6 ieago St. Paul Minn. & Omaha icago Terre Haute & Southeastern_ _ 6 6 • cinnati Indianapolis & Western cinnati New Orleans & Texas Pacific.. 6 cinnati North'n. See N.Y.Cent _ _ _ 9 voland Cincinnati Chic. & St. Louis. 9 ee New York Central 6 al & Coke 6 lorado & Southern 6 lorado & Wyoming 6 lorado Midland 6 pple Creek & Colorado Springs mberland Valley. See Pennsylvania..10 6 laware & Hudson 6 lawaro Lackawanna & Western aver & Rio Grande 6 nvor & Salt Lake 6 troit & Mackinac 6 troit & Toledo Shore Line troit Grand Haven & Milwaukee_ __ _ 7 7 troit Toledo & Ironton 7 luth & Iron Range luth Missabo & Northern 7 luth South Shore & Atlantio Page Name— 7 Duluth Winnipeg & Pacific East St. Louis Connecting 7 El Paso & Southwestern 7 Elgin Joliet & Eastern 7 Erie Florida East Coast Fonda Johnstown & Gloversv__7 and 14 7 Fort Smith & Western Fort Worth & Den. City. See Col. & So_ 6 Ft. Worth & Rio Gr. See St. L. 86 S. F_11 Galv. Harrisb.ct San Ant. See Sou.Pac.12 7 Galveston Wharf Georgia Georgia Southern & Fla. See Southern 12 Grand Rapids & Indiana. See Penn.._ _10 7 Grand Trunk Western Great Northern 7 Gulf & Ship Island Gulf Colo. & Santa Fe. See Atchison 4 7 Gulf Mobile & Northern Hocking Valley 7 Houston 86 Texas Cent. See Sou. Pac_ 12 Houston East & West Tex. See So. Paz•_12 Illinois Central 8 Indiana Harbor Belt. See N. Y. Central_ 9 International 86 Great Northern 8 Kanawha & Mich See N. Y. Cent. 9 Kansas City Mexico & Orient RR 8 Kan. City Mex.& Orient Ry. Co. of Tex. 8 Kansas City Southern 8 8 Kansas City Terminal Lake Erie & W Se N. Y Cent 9 8 Lehigh & Hudson River 8 Lehigh & New England Lehigh Valley 8 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 86 Nashville 8 Louisville Henderson & St. Louis 8 Maine Central Maryland Delaw. 86 Virginia. See Penn_10 9 Michigan Cent. See N Y. Cent 8 Midland Valley 8 Mineral Range 8 Minneapolis 86 St. Louis 8 Minneapolis St. Paul & S S M Minnesota & Internat. See No. Pac_._ _10 8 Mississippi Central Missouri & North Arkansas 9 Missouri Kansas & Texas 9 Missouri Kansas & Tex Ry. of Texas_ 9 9 Missouri Oklahoma & Gulf 9 Missouri Pacific Mobile & Ohio. See Southern 12 Monongahela See Pennsylvania 10 Monongahela Connecting_ 9 Morgan's L &T RR.&SS.Co See So.P.12 Nashville Chattanooga & St. Louis 9 9 Nevada Northern New Orleans & North Eastern 9 New Orleans Great Northern 9 New Orleans Texas & Mexico 9 New York Central 9 New York Chicago & St. Louis 10 Now York New Haven & Hartford_ 10 Name— Page New York Ontario & Western_ _10 and 14 New York Phila. & Norfolk. See Penn..10 New York Susquehanna & Western_ __ _10 Newburgh & South Shore 9 Norfolk & Western _10 Norfolk Southern 10 Northern Pacific 10 10 Northwestern Pacific Oregon Short Line. See Union Pacific_ _13 Oregon-Wash. RR.& Nay. See Un. Pac.13 Panhandle & Santa Fe. See Atchison 4 Pennsylvania Railroad 10 Pennsylvania Company. See Penn.__ _ _ _11 11 -Peoria & Pekin Union Pere Marquette 11 Philadelphia & Reading Ry_ __ _11 and 14 Pittsb. & L. E. See N. Y. Cent 10 Pitts. Cin. Chic. & St. Louis. See Penn_11 Pittsburgh Shawmut & Northern 11 Pittsburgh & Shawmut 11 Pittsburgh & West Virginia 11 Port Reading 11 Richmond-Washington System 11 Richm.Fred.& Potom. See Rich.-Wash.11 Rutland 11 St. Joseph & Grand Isl. See Union Pac_13 St. Louis-San Francisco 11 St.L.Brownsv.&Mex. SeeN.0 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 St. Louis Southwestern 11 St. Louis S.W.Ry.ofTex. SeeSt.L.&S.W.11 11 San Antonio & Aransas Pass Seaboard Air Line 11 11 South Buffalo Southern Railway 12 Southern Pacific 12 Southern Ry. in Mississippi. See South_12 Spokane International 12 Spokane Portland & Seattle 12 Staten Island Rapid Transit 12 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 Texas & Pacific 12 Toi. & Ohio Cent. See N. Y. Cent ....10 Tol. Peorial & West. See Penn_11 and 14 Toledo St.(Louis & Western 12 Trinity & Brazos Valley. See Colorado & Southern 6 Ulster & Delaware 13 13 Union RR. (of Pennsylvania) 13 Union Pacific Union RR. of Baltimore. See Penn_ _ _ _10 Utah 13 13 Vicksburg Shreveport & Pacific Virginian 13 Wabash 13 Washington Southern. See Rich.-Wash_11 West Jersey & Seashore. See Penn__ _ _10 Western Maryland 13 13 Western Pacific Western Railway of Alabama 13 Wheeling & Lake Erie 13 Wichita Falls & Northwestern 13 -13 Yazoo & Mississippi Valley 4 RAILWAY EARNINGS [Vol,. 107. INTER-STATE COMMERCE COMMISSION RETURNS FOR JULY AND THE SEVEN MONTHS ENDING WITH JULY In the following we furnish detailed figures of earnings and expenses for July 1918, as compared wi July 1917, and also for the seven months ending with July in the two years, of every steam railroad in the Unit. States which is obliged to file monthly returns of earnings and expenses with the Inter-State Commerce Commissi at Washington. In cases where the 'July return has not yet been filed with the Commission, we give the figur for the latest preirious month. It should be understood, however, that the Inter-State Commerce Commission now requires monthly repo only from roads whose gross railway operating revenues exceed $1,000,000 per annum. Prior to the taking o of the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, month returns were required from all carriers having railway operating revenues in excess of $100,000 per annum. In the closing pages of this publication-pages 14 and 15-we also give the Company returns where the differ in any way from the Commerce Commission returns or embrace more facts than are contained in the latt: 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. Atlanta & West Point Alabama & Vicksburg -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to .11.11f1311918. 1917. 1918. 1917. 1918. 1918. 1917. 1917. $ $ $ $ 3 466,866 108,083 138,485 626,663 60,625 765,922 115,975 824,845 337,215 86.259 55,758 548,612 57,494 42,340 334,936 256.940 220,388 928,702 135,956 1,325,341 221,432 .168,095 1,304,982 1,125,672 20,292 15,601 141,048 102,169 22,976 24,702 133,150 150,821 166,161 26,128 216,868 36,187 48,187 26,186 208,476 271,549 29,146 ,47,322 5,021 3,615 5,111 34,752 . 2.705 35,890 458,283 310,398 70,818 43,431 83,121 52,800 566,978 391,116 010.114 679.384 139.678 97.652 166,780 114,016 1,071,469 834,610 240,318 80,709 38,304 415.227 54,651 54,078 233,513 291,061 51,367 8,400 58,700 7,747 10,916 10,700 78,103 70,703 1.01675 72,307 356,471 3?),472 43,726 43,378 155,223 219.77/ 325,863 65,173 207,958 32.305 51,493 55,907 189,035 296,053 1,705 11,935 833 16,400 10,355 16,400 93 93 141 142 Ann Arbor 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_ Net after rents War taxes Aver. miles of r'd oper. Atlanta Birmingham & Atlantic -Month of July- -Jan.!to July 31- -Month of July 1918. 1017. 1918. 1917. 1918. 1917. $ $ $ $ $ S 311,488 243.167 250,188 207,367 1,424,794 1,405,496 84,880 58,928 59,231 52,356 291,151 292,790 418,538 325,935 333,204 278,955 1,845,724 1,807,172 95,081 51,078 50,348 15,411 309,899 160,808 57,600 86,152 62,524 31,406 361,767 289,191 6,951 14,910 3,789 6,726 35,611 39,383 199,463 145.150 133,986 114,612 740,772 823.116 398,357 278,413 261,076 177,621 1,719,652 1,379,032 20,181 47,521 72.127 101,333 126,072 428,139 13,700 15,700 13,100 13,100 91,700 91,700 4.382 33,790 59.02V 88,229 34,330 336.315 -2,808 31,576 55,174 61,0-53 -21,399 197,698 293 293 Atchison Top & Santa Fe System 639 Baltimore & Ohio -Month of July- -Jan.1 to July 31 1918. 1917. 1918. 1917 3 S 3 i 12,931,518 9,226,654 63,362,452 57,260,! 3,148,445 1,732,416 15,799,865 9,826,i 17,674,458 11,920,443 86,666,074 73,090, 2,111,006 1,450,413 12,168,954 8,143,1 3,585,225 2,028,549 23,103,335 14,126,t 144,155 209,362 1,260,866 1,370, 6,408,824 4,796,214 43.116,081 29,673,: 12,649,182 8.837,656 82,427,429 55,561,' 7g 3,082,786 4,238,645 17,529,, 440,980 357.054 2,880,025 2,438,: 4,579,60 2.723,173 1,34:1,321 15,0T32.; 5,327,634 2,411,661 38,869 17167 19,142 154,285 ___ 4,948 4,545 B & 0 Chicago Terminal' Jan. 1 to July 31- -Month of July- -Jan.1 to July 31 1918. 1917. 1918. 1917. 1918. 1917 $ ' $ 1,623,826 1,731,557 331,508 427,441 486 582 3.479 2,423,307 2,221,749 189,446 171,459 1,011,221 1,151, 547,812 313,156 28,683 25,210 176,745 130, 362,744 560,765 45,208 ' 26.438 298,151 206, 109,854 70,927 1,976 890 8,130 6, 1,391,337 908,819 130,373 95,359 879,183 757, 2,064.124 1,862,833 217,309 157,044 1,441,576 1,149, -140,816 350,916 --27,86 14,414 -430,35S 1, 109,900 95,900 31,876 23,414 206,155 162, 262,323 --251,227 7'=, 9 -9,054 -630,623 232,136 -296,856 ,088 92,464 26,578 500 3,500 640 91 79 Atlantic & St Lawrence Bangor & Aroostook -Month of June- -Jan. 1 to June 30- -Month of July- -Jan. 1 to July 31 Atchison Topeka a Santa Ye 1917. 1918. 1917. 1918. 1918. -Month of July- -Jan.1 to July 311917. 1918. 1917 0 $ $ $ $ $ 1918. 1917. Freight revenue $ 1918. 1917. $ $ 651,571 150,500 59,582 773,460 279.749 173,859 2,039,204 2,084, Passenger revenue_ _ _ 10,255,065 8,267,191 59,721,609 55,862,570 114,526 23,360 31,425 127,748 71,644 3,833,117 2,592,576 21,043,296 17,016,411 71,990 441,672 440, Tot., incl. other rev. 926,429 986,133 197,384 122,364 374,149 269,663 2,607,200 2,664, Expenses--M aint w ay 14,897,205 11,690,819 87,319,566 78,889.003 250,935 169,199 47,780 45,071 68,581 50,378 MaInt. of equipm't_ 1,431.289 1.267,785 11,032.316 8,617,906 462,485 361, 188,309 63,385 268,154 45,031 108,099 62,927 Traffic expenses_ _ _ 2,126.167 1,835,824 15,154,729 13,222,286 588,068 436, 20,851 25,545 3.644 4,180 4,604 122,591 185,032 1,079,041 1,349,445 Transportation exP5,488 28,886 29, 684.589 840,930 135,631 84,486 142.434 89,534 1,102,802 852, Total, incl. other_ 4,316,306 3,505,490 30,447.248 24,510,729 255,656 189,492 1,336,000 1,192,653 339,962 8.207,215 6,992,946 59,216.143 49,208.318 224,402 2,299,937 1,795, Net from railroad_ 34,187 45,250 Taxes (less war taxes) 6,689,989 4,607,872 28,103,422 29,680,684 --88,272 -67,1.28 -340,867 --- -66721 307,26:3 869, 10,721 68,076 64,326 11,346 570,977 494,838 3,913.911 3,860,753 17.735 15,000 124.145 105, Net after taxes 0 76:d = 7:3 7 M ''--417,968 -336,550 64.202,109 16,401 6,116,222 24,177.741' 25,805.686 30,249 182.991 76 Net after rents 77-7,87' -556,448' -369,425 , 6,555,845 4,206,332 25,005,408 25,856,002 --186,400' a787 War taxes 69,472 333,236 -982, 19,985 20,514 166,046 2,285 Aver. miles of r'd oper. 97,494 1,158,953 2,550.494 16,925 166 166 632 8.646 8,639 632 Gulf Colorado & Santa Fe Atlantic City Belt Railway of Chicago -Month of July- -Jan.1 to July 31- --Month of July- -Jan.1 to July 31- -Month of July- -Jan. EARNINGS. 1 to July 31 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 191 $ Freight revenue $ $ 956,443 1,019,102 6,896,664 7,068,193 157,224 125,971 831,583 655,956 Passenger revenue_ _ _ 505.280 323:880 2,893,006 1,750,745 297,675 959,432 355,360 1.032,201 Tot., incl. other rev. 477,324 496,691 1,978,178 1,698,912 385,393 ExDenset3-Maint.way 1,569,781 1,426.016 10,443,194 9,453,089 325.734 2,209,735 2,213, 277,118 281,557 2,021,449 1,821,492 27.112 23,773 214,511 178,825 35,214 Maint. of cquipnart_ 28,007 230,914 160 220,772 172,752 1,547,271 1,358,053 37,727 28,733 279,389 161,004 Traffic expenses_ _ _ 63,990 36,212 379,759 306 15,724 30,039 169,138 210,606 803 4,664 9,605 24,137 Transportation exp_ 385 1,290 2,738 9 482,586 413,806 3,779,169 3,111,325 204,766 191,504 1,065,014 894,720 208,115 147,479 1,393,966 1,078 Total, incl. other_ 1,038,410 945,440 7,873,470 6.877,319 272,582 254,170 1,578,472 1,268,695 315,512 220,637 2.060,024 1,603 Net from railroad_ _ _ _ 531,371 480,576 2,569,723 2,575,769 204,2 242,521 399,7a 430,21669,881 Taxes (less war taxes) 105,096 1167-IT - 619 69,646 62,904 487,771 419,799 7.800 11,000 '79,800 76,000 16,442 13.897 116,611 97 Net after taxes.._ 411079-8g 417.50g 270-7/T,782 2,153,388 196,942 319,905 231.521 354,124 53,4743 91.198 3:3,099 512 Net after rents 88,19_ 423,464 363,9 1 1,705,011 1,784,120 172,443 ---1-0 0 - -24 185,431 222,074 ---War taxes 68,160 -30,871 906 1,250 6,837 8,750 700 721 4,900 Aver. miles of r'd oper. 5,051 1,937 1,937 170 170 31 31 Panhandle & Santa Ye Atlantic Coast Line Bessemer & Lake Erie -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to EARNINGS. July 3 1918. 1917. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1918. $00 191 $ $ $ $ Freight revenue $ $ . 315,515 502,854 2,408,723 3,125,967 3,144,381 2,130,073 19,829,221 Passenger revenue.._ _ 16,777,593 1,657,758 1,487,652 6.339,975 6.0A 158,116 95,137 775,344 606,914 1,533,167 780.370 9,199,229 6,420,383 35,288 40.932 210,919 201 Tot., inel. other rev. 498,840 623,936 3,350,495 3,893,319 4,945,136 3,141,754 31,171,372 25,262,998 1,719,599 1,549,713 6,707,515 6,418 Expenses-Maint.way 95,435 71,004 581,712 550,105 564,511 435,381 3,467,472 2,871,424 Maint. of equipm't_ 75,453 189,658 655,783 681 103,255 86,089 754,443 656,258 953,675 636,746 6,014,586 4.168,655 Traffic expenses.._ _ 266,990 249.177 1,736,599 1,693 3,453 4,974 31,055 32,744 45,089 58.575 Transportation exp.. 379,525 453,771 9,180 16,234 81,143 '79 157,263 167,225 1,238.632 1,076,975 1%878,225 1,290,972 13,065,009 8,922,287 401,616 400,723 2,438,647 2.061 Total, incl. othet 372,255 341,577 2.692,078 2,382,457 3,546,392 2,515,416 23,737,403 17.087,035 750.987 873,409 4,863,369 4.559 Net from railroad__ _ _ 126,584 282,350 65 , 16 1,510,862 -1,398,744 b2:33 7,433,968 8,175,963 Taxe. (less war taxes) 8thi ----aGra 1,844,146 18,638 15.904 124.468 113.277 225,000 200.000 1,305.000 1,277,000 37,898 43.929 173,568 _ 215 Net after taxes_ _ _ _ 107 266,45I 266,454 532,12g 1,397.268 1,173.318 -=,̀ TMIT 6.124,752 6;891,736 .(7M3 632-.374 1,670,577 Net after rents 09,944 2J15 333,341,i19,813 -E-oli-5--3rg) 563,281 5,851,:308 7,466,628 1,182,3O. War taxes....... 668,38V 2,558,780 /Mg 4,925 4 2,500 „ 34,475 100,000 Aver. miles of r'd treer. 565,000 224,815 269,095 -772 709 4.841 4,782 it 208 205 EARNINGS. SEPT.. 5 RAILWAY EARNINGS 1918d Chicago & Eastern Illinois Central of Georgia , 1 ,,, Bingham & Garfield Month of July- -Jan.1 to July61- -Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 31-1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. , 1918. $ $ $ I $ ' $$ $S $ 8547.263 7,116.401 5,536,541 2,047.337 1,362,812 10.705.316 9,016,756 might revenue 273,480 1,4,437 1,729,150 1,101,132 349,854 298,737 2,062,276 1.871,877 396,244 assenger revenue_ _ 366,142 3.108.644 2.067,615 36,068 555,132 4,883 3,994 27,555 Tot., incl. other rev. 280,866 1,958,761 1,793,724 1,765.419 1,342,540 11,316,514 8,519,313 2,599,949 1,813,348 13,850,186 11,860,667 360.848 218,092 1,812,220 1,336,514 309,999 xpenses-Maint.way 197,381 1,654,354 1,258,551 202,280 252,379 268,225 25,409 40,055 473,739 4,150,739 2,940,680 565,232 230,869 1,976.261 1,514,264 Maint. of equipm't_ 278,438 217,590 313.715 33,255 49,709 191.261 166,942 25.740 26,980 280,801 238,972 Traffic 38.258 8.666 32.224 8,950 1,497 957 676,454 5,976.947 4,512.462 849.691 exp _ expenses_Transportation 444.254 4,423,877 2,857.986 653.584 263,908 33,823 382,141 59,546 9.298,948 12,545.066 1.439,494 1,804,292 8,649,754 6.190.875 Total, incl. other_ 947,373 1.268,294 717,095 1,030,585 97,583 160,744 373,853 1,305,120 2,561,719 795.656 395,166 2,666.760 2.328,438 et from railroad_ _ _ 407,125 ` -70-18J7firn576:628 463.034 63,284 . 542.389 79.591 451,174 423.306 61,340 axes (less war taxes) 50,896 65,205 66,956 8,393 9,565 759.506 2,096,601 310.336 715,004 2.212.109 1,897,323 332,619 Net after taxes__ _ _ 430,855 6 . 86f 19035 i.7478-0357,872 1,048,195 2.641,354 741,726 368,919 2,168,165 '2,133,183 at after rents 393.380 -----97-4, --n-6 14115,673 5-4 ' 193-,i t 207,756 7,965 36,582 5,708 7,965 21,000 67,477 3,000 9,548 Var taxes 78,545 13,981 326,666 46,660 1,131 1,131 1.918 ver. miles of r'd oper. 1,918 , 36 36 1 Chicago & North Western Central New England Birmingham Southern I Month of July- -Jan.1 to July 31Month of July- -Jan.1 to July 3i---Month of July- -Jan.1 to July 31-, 1917. EARNINGS. 1918. 1917. 1918. 1917. 1918. 1917. 1917. , 1918. 1918. 1917. I 1918. $ S $ S $ $ $ $ $ 3 S S 39.851,353 43.312,502 6.187,363 8,916,018 2,789,150 3,071,440 reight revenue 377,354 478,943 577,240 67,724 , 751,946 ' 187,173 205.260 2,904,842 2,239,195 15.081.263 13,047,736, 168,252 assenger revenue__ _ 30,564 24,231 13.921 9,267 1,514 1,930 Tot., incl. other rev. 426,116 3,392,272 3,144,351 12,888,465 9.474,419 64,747,984 59.278,225 663,706 629.262 921,097 95,014 212,226 xpenses-Maint.w!iy 535,323 1,638,563 1,394.316 10,184,826 7,973,408 594,058 64,912 94.395 110,221 88,672 11,218 14,554 298,305 2,004.151 1,527,509 12.908.259 9,784.887 Maint. of equipm t_ 550.626 34.737 73,523 167,127 219,257 31,837 23,589 781,905 637,997 110.256 73,675 8.039 Traffic expenses_ 9.218 1.191 5,667 1,3314 6,752 1,241 831 _ Transportation exp 158,882 1.733.894 1,080,022 4.504,411 3,446.769 31.513,402 23.883,821 322,668 281.583 422,553 66.681 48,796 other_ 44.174,960 57,133.349 6.719,623 incl. Total, 271.541 2.954,867 1,986,497 8.493,608 458,437 634,557 765,602 91,568 115.569 437,404 1,157.853 4.394.857 2,754.796 7.614,634 15.103.263 154.575 et from railroad__ 170.824 297149 155.494 3,446 96,5'/ 425,000 2.940.4)00 2,975.000 420,000 131.400 124.600 19,000 axes (10.4s war taxes) 17,800 19.069' 31.227 9,098 2,390 __ taxes_ 312,639 1.026,256 3,972,696 2,829,161 4.658.286 12.123.22/ Net after 125,671 15,017 10,0731 124.2(1 ,08-.q 559 '-----1----'8T,611,936 3,938.519 2,2'71.790 5,327.240 12,043,84d 66,640 et after rents 8.256 . 7 135,92/ (1 8 -3150071 ' 19,104 Offal2,1 385,000 55,000 ar taxes 73 2 8,094 8,107 ver. miles of r'd oper. 301 301 44 44 EARNINGS. Central Railroad of New Jersey Chicago Burlington & Quincy B(i2t0T1 & Maine -Jan:1 to July 31- -Month of July- -Jan.1 to Juk 31- -Month of July- -Jan.1 to July 31-Month of July 1917. 1918. EARNINGS. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. i 8 8 ' $ $ S S $ • S $ $ S 49.605.075 53.599,483 6,976,430 9,600,588 4reight revenue 15,514,448 4.20.767 2,998,586 22,935,709 20.132,974 3,622,405 2,345,373 17.625,574 'assenger revenue_ _ _ 1,997,247 1,650.887 10,226,024 9.326,919 793,058 4.195.192 3,764,756 2,766,743 2.230,383 15.035.517 12,989.371 904.495 Tot., incl. other rev. 6,900,939 5,217,679 37,151,596 33,267.297 4,842.290 3,397,293 23,928,463 20,956,714 13,325,718 10.110,004 75,423.314 68.979,208 gxpenses-M aint.way 342,947 256,586 2,006,709 1,718,618 1,589,827 1,283.650 10,842,895 8,015.272 946.065 569,770 5,051,695 3,562,291 Maint. of equipm't.. 1,121,156 494.854 5,284,914 3,794,322 2,092.698 1,743,486 14,838,760 10,288,404 809,139 652.603 7,092.646 4,844.480 _ 765.752 1.011.371 158,693 82.092 Traffic 208,115 193,837 28,328 253.802 40,321 278,759 57,948 49,192 exp.. 2.969,576 2,478,163 21,201,388 16,903.800 1,629.991 1,287.228 11,49.3,135 8,084,57 expenses_Transportation 4.429,508 3.323.194 30,892,898 23.061,032 Total,incl. other_ 5,287,745 3.891,137 34,886,233 26,550,224 2,892,688 2,156.999 19,643,527 14,372,302 8,584,420 6.869,267 60,121,202 44.861,528 et from railroad_ _ _ _ 1,613,191 1,326,541 2,265.362 6,717,073 1,949,60i 1,240.293 4,284.936 '6,584.411 4,741,298 3,240.737 15,302.112 24.11/.679 552.101 3,418,888 3.134,493 489,650 axes (less wa: taxes) 203.245 1,281,243 1,109,362 169.983 168,729 171,285 1;239.167 1,199.597 Net after taxes_ _ _ _ 1,444,464 1,155,255 1,02--(FT95 5,517475 1,779,5.3-4 "1-7037,044 2,998,958 5,471.305 4.251,648 2.688,636 11.883,223 20,983,18.1. et after rents 5,544,385 4,169,378 2,674.548 11,475,765 20,56M) 1,00,W0 2,90 1,420.421 910,6-8Ti -45775-6-6 T67377g 1,697, 1 1,453,270 207,610 Var taxes 11,672 81,707 9,373 9,373 ver. miles of r'd oper. 2,305 683 684 2,305 Chic Det & Canada Or Trk Juno Central Vermont Buffalo & Susquehanna RE Corp -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311917. 1918. 1918. 1917. 1917. 1918. 1917. 1917. 1918. . 1917. 1918. 1918. S 8 $ $ 501,583 !reight revenue 547,296 80,376 110,500 1,705,652 2,056,935 916,869 264.520 343,840 195,928 137,474 1.222,794 97.805 'assenger revenue__ _ 18,056 64.159 8,200 512.319 450,387 42.560 81.535 77,000 6,193 39,098 5,773 748,485 Tot., incl. other rev. 800,805 122,207 163,436 2.503.383 2,801,011 389,861 977.011 468,065 205,055 146,701 1,284,058 xpenses-Maint.way 74.264 79,746 11.164 9,838 231,125 411,235 42,454 62,249 155,204 38.227 , 23,889 218,508 Maint. of equipm't_ 171.661 113,957 19.703 34.438 363.869 598,003 272 577 57.392 101,700 77.576 406,158 37,603 Traffic expenses 10,548 84 9,085 1.651 53,646 57,582 354 12 7,298 2 442 2.948 13 5,797 259 .. _ Transportation exp 431,743 481,046 64.211 37.920 313.690 192.642 1,790,887 1,286,769 68,292 240,169 44,486 538,043 Total, incl. other_ 643,889 97,485 756,533 85,562 2.021,682 797,241 317.396 2.949,226 194,094 421,794 115,516 1,229,043 104,596 et from railroad _ _ _ _ --I-0,961 44,271 24,721 77,873 481.700 179,769 77,464 -148.215 1L271 31,184 55,014 24.822 23.415 'axes (less war taxes) - 3,345 3.546 102.523 4,100 126,000 15,565 19,250 2.750 18,300 28.700 Net after taxes_ _ _ _ /9.731 20,725 21,158 74,521 6,861 61,898 -274.370. 379.007 28,434 -10 27Th 160,518 26,314 ‘ et after rents 63,458 52,222 18,789 -67,521 418.785 6,15 444.856 59,603 -312.178 62,287 19,456 221.921 Var taxes 2,400 2,300 480 14,000 2,000 16,100 ver. miles of r'd oper. 60 60 252 411 411 252 EARNINGS. Buffalo Rochester & Pittsburgh Charleston & Western Carolina Chicago Great Western -Month of July- -Jan.1 to July 31-- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 1917. 1918. 1918. 1917. 1917. 1917. 1918. 1918. S S S $ $ $ $ S $ II $ $ i'reight revenue 924,423 6.684,048 6,365,889 981,660 1,064,161 1,660,152 1,199,240 8,778.701 7,151,893 134.823 1,134.283 156,624 _ _ revenue_ ''assenger 332,119 2.629.446 2,018.662 530.300 219,682 128,152 721,954 335,579 37,556 126.782 63,149 744.480 Tot., incl. other rev. 1,860,893 1,377.654 9,894,275 8,161,192 180.234 1.565.228 1.258,467 1,712.829 1,378,104 10,123.320 9.212.981 234.677 ..xponses-Maint.way 237.508 1,643.950 1,194,308 291.025 205.074 235.634 270,508 799,895 33.401 132,346 1,378,446 43,521 Maint. of equipm't_ 192,390 2,362,840 1,560.836 383,001 150,416 215,905 511.692 16,340 34.710 344.136 3,100.418 2,149,020 Traffic expenses_ _ 320.476 265,914 46,160 28,806 30,649 25.604 4.146 117,601 17,004 18,215 2,167 117,293 Transportation exp_ 500.232 4,634.895 3,599.647 649,256 458.767 736.109 63.460 674,434 505.334 4,622,468 3,210,295 98.239 Total,incl. other_ 1,504,724 1,031.141 9,468,211 6,481.490 871,372 1.405,553 1,026.810 9.295,095 7.052.760 121.325 1,245,593 182,854 . at from railroad_ _ _ _ 351,294. 828,224' 2,160.221 307.276 8 387.095 346.512 58.908 '31iX3356,16A 51,822 426,064 1,679,702 372.000 ['axes (less war taxes) 59,000 '90.135 54,974 45,500 63.000 6,500 247.806 26,734 35.400 9,000 187,139 Net after taxes_ _ _ - ---'3-29:4 435.010 '1,783.63 291.283 251,501 340.591 31 1,071 246,473 52,378 ,M 238,839 '1,431,851 42Net after rents 172.071 1,596,94 247,181 212,732 322,114 3 .902 174,437 327,506 51,923 34,702 660,113 1,928,882 War taxes 52,938 4,585 61.500 6,765 6,765 20,500 47,360 ver. miles of r'd oper. 1,496 1.496 (See also on page 14) 584 342 586 (See also on page 14) 342 EARNINGS. Canadian Pacific Lines (in Me) Chesapeake & Ohio Lines Carolina Clinchfield & Ohio Chicago & Alton Chicago Indianapolis & Louisville Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31-1918. 1917. . 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1917. 1918. 1918. S S S $ S S $ $ $ $ $ $ 4reight revenue 498.990 3.846,879 3.577.875 741.720 24,298.034 91,781 70,129 28,033.045 1,379,006 3,479,339 1,177,592 5.194.093 assenger revenue.._ _ 183.428 1.308.758 1.141,618 263,079 26,227 162,301 1,427,754 36.657 657.529 6.577,209 4.062,422 161,025 Tot., incl. other rev. 747.272 5,661.080 5,139.500 130,381 116,283 1,447.084 1,627,377 6.972,839 4,441,551 37.013.813 30.473.763 1.087,872 xpenses-Maint.way 449,238 645.218 74.170 92.820 55,611 217,336 38,452 622,815 4,878.682 3,831.994 305.990 854,577 Maint. of equipm't_ 897.130 148,534 1.510.929 398.955 31,051 18,726 221,831 1,430.071 990,213 9,284,579 6,274,447 307,176 _ Traffic 138.126 19.036 121,547 14,534 2,002 5,927 409.401 319.462 41,180 61,904 19,248 26,668 exp expenses_Transportation 276,820 2.526,722 1.917,201 416.997 64.968 50.414 707,878 2,120,005 1,477,745 14,180,685 10,292,201 956,077 Total, incl. other_ 536,788 4,984,898 3,532,085 953,683 118,483 1.606,839 1,224,372 4,565,596 3,275,867 29,588.379 21,634.706 156.378 et from railroad_ _ _ _ -25,991 676.181 1.607.417 210.484 134,188 -2.199 -159,751 4 ',0-(35 2,407,242 1,167,683 -774-2174-3-1 '8,839,057 249.664 Taxes (less war taxes) 222,752 34,925 31,387 944,170 13,500 46,500 9,500 66,500 134,500 1,043,184 173,184 Net after taxes_ _ 452.884 1'357,447 175,546 102.770 -30,497 -15,699 .-226,251 356,50-8 2,234,019'1,033.018 6,380,695 7,892,387 et after rents 146,283 1,028.557 74,373 130,378 -24,411 -2137 270,865 2,5257204 --095,401 6,452.138 8,50'8 3 2-,184 -57, 8 8,510 -1,030 War taxes 117,742 235,000 55.500 25,000 • ver. miles of r'd oper. 654 657 233 233 2,379 2,479 EARNINGS. Chicago Junction Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31-1917. 1918. 1017. 1918. 1917. 1918. 1918. 1917. 1918. 1917. 1917. 1918. $ $ $ S $ $ $ $ Freight revenue 265,005 2,204,108 2,070,722 1,699,104 1,205.008 8,589,659 8,168.915 386,482 Passenger revenue 28,379 48,423 252,851 153,900 459.379 3.019.387 2,534,532 536,352 Tot., incl. other rev. 262.282 2,068,175 1,869,174 336.878 302,880 2,498,346 2.290.496 2,362,867 1,780,238 12,481,618 11.511,099 441.665 219.755 350.954 30,388 'xpenses-Maint.way 43.277 41,548 52.327 313,721 242,630 187,621 1,713.333 1.177,411 253,582 173,317 Maint. of equipm't_ 213.649 24,228 31,296 358.26 49,930 131,580 591,142 303.123 2,911.113 2,214,014 371,852 8,758 Traffic expenses6,405 1,264 435 275,958 15,752 4,727 208.822 75,300 40.868 21.710 114.395 exp_ Transportation 133,804 1,351.323 1,038,097 189.701 136,230 71,682 835,168 513,061 613,765 5.620,829 4,143.711 839.255 other Total, incl. 218,844 2,175.361 1.644.280 304,962 191,391 1,915,547 1.316,667 1,531,848 1,185,399 10.805,307 8.106.499 342,827 224.894 at from railroad- - -31.915'74T37 -107,186 9718 98, 111,48g 594.W3 1.676.310 3.404.600 831,618 21,430 17,131 4,297 3,294 Taxes (less war taxes) 378,516 93,800 14,800 13,400 103,600 399.361 55.400 58,194 203.496 Net after taxes__ - 39,140 '-124.317 28.621 479,198 84,03 98,08-8 880,022 7-72,646 539,223 1,275.668 3.024,060 445.110 172,264 70,554 at after rents 78,368 617.442 2.386,824 (35,60 1-72-8-014 448 341 79,032 143,002 635,343 War taxes . 7,097 805 12 • ver. miles of r'd oper. 12 283 282 1,052 1,050 EARNINGS. 6 RAILWAY EARNINGS Chicago Milwaukee & Sit Paul [VOL. 107. Cincinnati New On & Tema Pac Cripple Creek & Colorado Springs -Month of July- -Jan.1 to July 31- -Month of July --Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1918. 1917. 1917. 1918. 1517. 1918. 1917. 1918. 1917. 1918. 1917. $ $ S $ Freight revenue $ $ $ $ 8,380.272 48,054,339 44,136,482 918,045 799,852 5,270,221 5,338,799 Passenger revenue_ _ _ 2,665,591 7,072,310 71,672 16,158 462,294 541,747 1,996.843 12,632,172 11.348,282 453,740 233,970 2,194,545 1,565,727 10,135 18,712 70,872 90,966 Tot., incl. other rev. 12,599,857 10,195,753 67.671,988 62,478,111 1,453,327 1,113,426 8,057,446 7,426,912 Expenses-Maint.way 1,905,495 84,311 36,601 546,699 647,888 980,633 9,288,365 5,806,369 109,528 80,290 682,504 583,116 8,351 Maint. of equipm't_ 2,713,966 1,657,290 4,597 45,125 56,869 17,813,596 10,906,649 371,857 232,278 2,174,716 1,694,798 11,471 Traffic expenses_ _ _ Cr.664 72,292 70,885 101,320 149,670 821,377 1,031,460 22,509 26,689 164,321 202,085 Transpertation exp.. 4,821,189 3.970,216 1,006 1,286 6,657 10,116 33,935.790 26,576.686 499,281 339,838 3,257,416 2,299,823 22,769 13,921 187,262 160,737 Totai,incl. other.. 2,854,675 6,977,649 63,669,312 45,583,375 1.025,193 705,365 6.479,758 4.971,736 46,268 • 20,643 332,778 319,854 Net from railroad_ _ _ _ 27/45,182 3,212,103 4,002,675 16,894,736 428,134 408,060 1,577,687 2,455,175 38,043 Taxes (leis war taxes) 15,958 213,920 328,0 514.554 590,013 3,612,649 3,417,925 38,719 43,000 269,278 279,900 8,500 3,357 50,784 21,357 Net after taxes.._ _ _ 2,223358 2,627,188 346.641 13,461.826 389,414 365,011 1,307,684 2,175,175 29,543 12,601 163,136 ` --3 1)K671 Net after rents 2,01-674-10 2,456,T0D. 1,102 12,400,81 6 367,113 475,433 1,750,517 2,867,977 29,822 War taxes 12,632 161,430 273,035 31,383 219,699 54,000 Aver. miles of r'd oper. 74,000 10,305 10,280 337 337 116 86 EARNINGS. Chicago Peoria 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. & St Louis Coal & Coke Delaware 85 Hudson -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 1918. 1917. 1918. 1918. 1917. 1917. 1918. 1917. S $ S $ 3 $ $ $ $ 163,118 127,754 1,022,078 990,909 94,803 87,670 585,697 596,672 2,902,460 2,202,230 15,990,480 14,143,660 23,975 26,877 143,799 157,229 23,203 21,172 146,641 270.302 122,425 337.773 1,496,675 1,631.497 196,480 163,572 1,234,512 1.206,915 121,608 113,607 764,182 748,566 3,334,144 2,700,505 18,459,350 16,684,309 25,549 21,746 182,718 145,590 50,987 21,838 183,711 134,304 342,363 223,200 1.954,628 1,533,871 52,701 39,259 369,761 253,491 87.144 26,020 292,659 613,238 189,032 499,399 4,847,432 3,488,664 3,670 5,750 32,005 41,533 1,500 1,216 10,306 23.586 8,744 27,909 162,039 183,322 95,212 73,356 714,170 517,261 72,437 38.390 388.028 292,317 1,341,550 1,091,647 9,318,371 7,007,448 184,454 146,187 1,349,089 099,255 215,870 90,591, 901,405 644,855 2.410,287 1,964,678 17,047,790 12,921,898 12,026 17,385 -114,576 207,695 --94,261 23,016 --137,223 O23-,856 "--1 103,711 -3-6782-6. 1,411,560 VI-Wit 7,400 6,750 53.803 57,989 5,000 6,000 35,000 71,768 36.000 62.200 546,854 435,400 4,626 10.635 -168.380 149.687 -99,261 17.016 ..:-172,223 851,840" 67,711 CM-6 864,458 717217014 4.50 --6 --213,273 114,006 -99,386. 30,364 --101,099 883786g 140,410 655,681 ' 783,550 3,275,422 154 7,412 51.890 247 255 197 197 878 878 Chicago Rock Island & Gulf Colorado & Wyoming Delaware Lackawanna & Western -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 11)18. 1917. 1918. 1918. 1917. 1917. 1918. 1917. $ $ $ $ $ $ $ Freight revenue $ i $ $ S 213,538 202,507 1,674,974 1,540,592 28,228 35,099 4,738,064 3,487,478 26,769,931 24,178,444 203,776 241,379 Passenger revenue.._ _ 87,988 59,940 612,520 434,680 2,450 2,863 17,190 17,518 1,670.070 888.436 5,620,712 5.009,868 Tot., incl. other rev. 322,957 283,918 2,447,914 2,122,321 93,439 97,790 634,231 Expenses-Maint.way 705,728 6,447,131 4,939.157 36,295,569 32,677,726 51,928 31,350 332,114 296.489 7,519 10,007 60,911 433,435 60,437 432,015 2,568,030 2,644,495 Maint. of equipm't. 53,964 36,438 363.406 13,897 301,272 13,441 111,170 101,289 1,006,973 Traffic expenses.._ _ 730,649 6,609,824 5,039,699 6,231 19.863 58,036 72,317 73 187 52,307 985 Transportation exp.. 84,509 891 458,145 546,023 125,724 100,295 940,704 718,283 41,209 32,626 269,777 229.554 2,226.763 1.784,481 16,221,211 11,974,546 Total, incl. other.. 250,372 189,146 1,778,335 1,461,109 66,871 60,634 3.865.191 473,073 3,174.118 421.008 26.865,661 21,098,337 Net from railroad.._ _ _ 72,585 94,772 669,578 661,212 26,567 37,155 161,158 284,719 2,581,040 1„0 Taxes (less war taxes) 1JT93 11.5784 13,154 13,207 92,083 4,500 76,414 4,100 234.660 25,444 231,866 1,642,623 1.623,062 23,877 Net after taxes_ __ _ 59,385 81,223 577,238 22,067 584.276 33.055 2,346,474 135.704 1,532,614 260,842 7,785.686 `0791117822 Net after rents 61,927 86,710 595,606 651,751 17.175 --7 2 -11,.162 2,389,233 ZU3504 7,960,012 TM-Mg 118,133 232,059 War -taxes 16,074 64,039 Aver. miles of r'd oper. 30,000 448,276 18,000 474 479 42 43 955 955 EARNINGS. Chicago Rock Island & Pacific Colorado & Southern System Denver & Rio Grande -Month of July- -Jan.1 to July 31Colorado & Southern -Month of July- -Jan.1 Do July 311918. 1917. -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 1918. 1917. $ $ S 1918. $ 1917. $ 1918. Freight revenue 1917. $ $ $ 4,513,885 34,353,323 32,085,098 797,774 653,882 5,207,950 4,613,227 1,884078 1,514,627 12,414,598 12,198,438 Passenger revenue_ _ _ 5.825,925 2,574,997 1.897,746 14.706,351 11,484,001 190,884 201,780 474,981 1,135.458 433,955 2,668,283 2,374,574 961,121 Tot., incl. other rev. 8,875,684 6,929,529 52,706,666 47,270,288 1,046,213 917,527 6,779,350 6,009,335 2,446,227 2,105,131 15,965,472 15,595,437 Expenses-Maint.way 1,278,391 985,529 7,449,476 6,258,874 135,723 82,915 466,737 785,455 Maint. of equipm't_ 312,283 2,103,469 1,855,650 600,384 1,444,345 11,663,281 9,301,650 246,356 156.818 1,468,499 1.037,391 594,059 Traffic expenses...... 1,727,567 362,476 3,843,978 2,820,770 84,712 136,674 765,787 953,021 8,086 14,231 13,756 65,761 Transportation exp _ 3.294,817 88,802 36,068 189,714 277,955 2,566.456 25,593,527 18,121,303 335,596 271,860 2,531,043 1,840.996 813,304 687,188 5.984,508 4,921,265 Total,incl. other.. 6,613,450 5,329,950 45,123,412 36.081,595 768,592 558,666 5.13:3,879 3,777,996 1,984,629 1.484,951 12,769415 10.556,836 Netfrom railroad_ _ _ _ 2,262,233 1,599,579 7,583,253 11,188.692 277,621) 358,861 1,645,471 2.231,339 461,591 Taxes (less war taxes) 620,180 '3,i96,56 5,038,600 350,252 310,419 2,447,528 2,189,829 47,000 45.01)0 105,000 329.000 314.737 110,000 745.000 651,010 Net after taxes__ 1,811,615 1.288,161 .--5742T3,788 8.981,589 230,538 313,240 1,315,767 1,915,657 356,577 509,986 2,448,829 4.386,496 2 Net after rents 1,9037M 1,201,219 4,392,088 8,560,402 285759 293,306 502,91i 1,290,330 1,860,940 War taros 500,188 2,994,537 4,413,082 22,782 163,869 4,000 10,000 Aver. miles of r'd oper. 28,000 70,000 7,823 7,820 1,100 1,102 2.610 2,577 EARNINGS. Chicago St Paul Minn & Omaha Fort Worth & Denver City Denver & Salt Lake -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. 1918. 1917. 1917. 1918. 1918. 1917. 1917. 1918. 1917. $ $ $ S $ 3 Freight revenue 3 $ $ 1,123,008 8,623,384 7,593,264 400,799 343,882 2,842,726 2,399,399 216,583 Passenger revenue.._ _ 1,513,350 158,775 937,752 894,546 654,651 513,214 3,415,954 3,054,643 169,629 143,723 1,058,720 37,676 49,514 835,387 159,360 181,215 Tot., incl. other rev. 2,312,485 1,783,627 12,965,344 11,653,073 585,978 511,339 4,097,929 3,434,363 Expenses-Maint.way 260,529 215,806 1,137,787 1,113,386 268,074 216.211 1,494,024 1,376,370 61,897 39,698 75,387 404,058 Maint. of equipm't_ 340,673 42,101 365,654 228,945 351,477 249,906 2,404,164 1,670,417 133,789 98,671 59,293 914,799 Traffic expenses.... _ 599,894 52,317 426,245 324,210 16,940 26,508 161,801 201,424 4,211 10,451 Transportation exp.. 40,014 951 2,466 54,047 6,837 15,692 857,616 691.166 6,706.646 4,814.022 198,766 137,978 107,966 1,740,310 1,018.042 94,931 585,469 581.588 Total,incl. other.. 1.559,991 1,241.768 11.230.105 8.476,581 426,158 307,878 3.276,338 2,158,055 248,909 196.955 1,411,220 1,186,489 Net from railroad_ _ _ _ 52,4913 54Tga 1,735,231 -3,176,491 159,820 203,461 11,619 821,591 1,276,308 Taxes (less war taxes) 18,850 -273,433 -73,102 111.323 106,725 714.702 694,366 21,440 20.000 9,020 149,150 129,500 8,250 63.020 Net after taxes_ _ 57,750 641.169 434.223 1.01 .1 5 "2.4770[5 138,379 183.461 672,346 2,591 1,146,932 10,600 .-236,464 -130,863 Net after rents 590,95A 1,108,422 2,448,930 188,886 208,954 -4,71g 776,833 1,370,255 War taxes 3,163 -355,310 -179,258 3,345 6,060 Aver. miles of r'd oper. 46.329 1,749 1,752 454 454 255 255 Chicago Terre Haute & Southeast Trinity & Brazos Valley Detroit & Mackinac -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 EARNINGS. to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 1918. 1917. 1918. 1918. 1917. 1917. 1918. 1917. $ Freight revenue $ $ S $ S $ 3 521,199 307.032 2,350,970 1,896,795 72,851 51,050 111,719 Passenger revenue_ _ _ 462,304 416,629 77,214 632,254 514,080 23,836 18,797 140.008 118.030 16,249 13,448 26,956 84,172 71,299 33,437 173,821 Tot., Incl. other rev. 187,157 555,284 334,131 2,548,644 2,065,115 93,056 Expenses-MaInt.way 68,969 145,726 637,827 531,711 119,970 856.980 757,509 58,457 38.198 300,740 232,389 26,336 21,633 Maint. of equipm't_ 25,416 168,340 170,427 14,861 144.923 93.023 134,630 72,227 956,606 443,571 37,346 29,083 Traffic expenses...... 31,803 233,634 22,716 239,578 193,314 162,893 3,907 4,433 30,712 29,752 1,822 Transportation exp2,043 2,149 13,274 18,429 2,327 15,681 .15,035 150,810 101,835 1.069.700 727.894 50,227 36,335 53.270 321.462 46,262 278.335 394,490 Total, incl. other_ 288,755 357,754 228,563 2.443,740 1.507.577 124,407 97.123 793,600 117,872 760,282 91.151 786,010 Net from railroad.. _ _ _ 588,184 197,530 105.567 104,904 557,537 -31,351 -28,154 -155,673 -228,571 Taxes (less war taxes) 27,853 28,819 70,970 169,324 14,500 17,785 101.500 98.071 6,580 5,160 8,013 45,478 36.120 8,209 61,278 Net after taxes__ - .. 56,273 183,030 87.781 3,404 459,365 -37.998 -3:3,314 -201.284 -264.679 19.840 20.610 8,110 Net after rents 112.668 198,885 127,393 304,758 856,725 -28,679 -28,555 --157,331 -229,616 War taxes 36,788 25,730 64,855 172,810 2,000 14,000 Aver. miles of r'd oper. 1,000 5,000 374 375 368 . 368 381 382 EARNINGS. - Cincinnati Indianapolis & West Colorado Midland -Month of July- -Jan.1 to July 31- -Month of 1918. 1917. 1918. 1917. 1918. $ S $ $ Freight revenue 185,911 138,771 1,246,779 1,110,376 103.552 Passenger revenue_ 51,140 52.378 307,927 308.327 15.833 Tot., incl. other rev. 265,905 212,388 1,71,205 1,561,598 ,Expenses-Maint.way 123,838 39,027 29,273 246,920 191,958 48,622 Maint. of equipm't_ 70,330 33,537 432,435 252,266 30,671 Traffic expenses...... 6,250 5,905 48,911 48,318 3,415 Transportation exp.. 130,303 90,356 874,423 665,327 63,145 Total, incl. other_ 257.646 167.372 1,681,717 1,214,639 150,968 Net from railroad_ _ _ _ 8,259 45,015 34,448 .----3 -4-6795-4 Taxes (less war taxes) 10,679 10,166 70,141 69,162 6,863 Net after taxes__ -- =2706 34.849 -35,734 277.796 -33,994 Net after rents '2=4,386 -38.077 270.401 "=-==7§75V War taxes 8,409 Aver. miles of r doper. 321 321 337 • EARNINGS. , Detroit & Toledo Shore Line June --Jan. Vto June 30- -Month of July- -Jan.1 to July 311917. 1918. 1918. 1917. 1917. 1918. 1917. S $ $ $ $ S 96,247 670,768 155,992 156,455 1,095,234 1,077,567 12,584 85,257 117,429 792,472 156,143 157,526 1,102,537 1,093,347 26,421 206.711 11,382 9,050 71,080 56,152 26,091 173,071 20,481 13,499 116,371 70,737 8,232 33,988 2,731 1,653 13,205 12,027 50,348 497,497 54,739 49,440 400,005 345,051 113.412 943.137 93,315 77.520 627.800 507,701 4,016 1= - 150= = 4/7 474,736 585,645 6.780 41,183 10,200 7,000 75.862 51,554 -2,763 -101,845 52,628 7:3.006 398,814 534,061 -9.910 -181,252 8,511 39,213 1:T5,765 222,857 92 737 337 80 80 =cam - .11•11 RAILWAY EARNINGS 1918.1 Z . " Galveston Wharf Elgin Joliet & Eastern Detroit Grand Haven & Millvsalk -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of June- -Jan. 1 to June 3011111. 1917. 1917. 1918. 1918. 1918. 1918. 1917. 1917. 1917. 1918. 1917. $ $ $ $ $ $ $ $ $ $ $ $ Freight revenue 203,000 183,000 1,262,000 1,353,872 1,783,875 1,361,766 8,685,255 8,481,210 105 Passenger revenue 31,000 49,000 242,000 99 261,910 38 3 73,947 598,233 69,539 519,366 265,944 274.888 1,759,411 2,015,443 2,097,872 1,445,754 10,159,607 - 9,085,194 Tot., incl. other rev. Exponses-Maint.way 512 815 7,467 5,725 808,996 35,893 45,392 144,505 1,129,457 233,682 255,742 133,927 692 598 5,922 6,759 Maint. of equipm't298,007 2,285,024 2,406,849 43,326 370,280 58,359 380,124 297,299 485 2,182 755 2,328 49,360 57,198 6,025 9,399 Traffic expenses__ 30,413 4,085 6,989 37,746 Transportation exp27,394 21,221 171,930 181.574 457,752 4,063,352 3,136,076 166,228 1,227,239 1,163,823 161,507 574,039 50.666 Total,incl. other_ 46,930 321,065 340,89 960,374 7,702,465 6,586,817 267,006 267,885 1,918,265 1,797,403 1,117,610 23,280 22,609 485,380 2,457,141 2,498,377 198,301 . 257,3;75 -1,062980.261 Net from railroad_ _ _ _ 77002 -158,867r 118,040 12,300 ' 12,000 355.409 73,800 64,500 47,555 335,290 2_4444 3,620 50,772 Taxes (loss war taxes) 24,108 25,340 10 980 10.609 124,501 192,839 437,824 2.101.729 2,163.027 929,488 Net after taxes._ _ v,175 -, 7 , 3,354 -183,373 91,827, 10,980 10,609 128,121 325,085 1,555,465 1,019,558 192,839 Net after rents 935,760 -60,874 35,304 -498,215 -233,344 1,000 6,000 War taxes 13 13 803 Aver. miles of r'd oper. 806 190 190 EARNINGS. Freight revenue Passenger revenue_ _ _ Tot., Incl. other rev. Expenses--Maint.way Maint. of equipm't_ _ Traffic expenses_.. Transportation exp. other_ incl. Total, Net from railroad_ _ _ _ Taxes (less war taxes) Net after taxes_ _ Net after rents War taxes Aver. miles of r'd oper. Georgia El Paso & Southwestern Detroit Toledo & Ironton EARNINGS. -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1918. 1917. $ i $ $ $ $. $ $ $ $ $ $ 376,166 179,937 2,092;457 1,351,892 344,901 218,595 1,405,077 1,478,621 1,028,436 802,628 6,771,938 6.437,209 230,953 90,566 1,054.740 14.648 524,150 198,473 226,262 1,437,533 1.494,720 14,307 73,097 86,397 634,562 377,253 291.779 3,377,238 2,033,753 252,341 1,586,334 1,675,407 1,270,026 1,084,938 8,581.989 8.343,224 33,440 64,229 25,649 258.109 184,582 36,523 105,205 112,218 794,852 767,049 334,605 189,115 51.635 46,068 59,625 973,063 405,703 330,281 39,845 294,040 138,750 1,273.627 235,661 526,738 2,383 4,421 12,995 60,019 94.746 3,948 11,315 18.975 110.773 144,448 30,863 31,627 175,552 129,048 1.432,162 145.752 134,297 851,156 334.398 301,773 2,579.083 2.210,626 993,732 932,508 277,099 222,044 2,245,524 1,526,427 293,795 221.433 1,972,542 1,444,194 701,853 611,365 5.050.065 4,343,288 357,462 8 .4 8 ----311,--9-67 -386,208 69,714 1,131,714 007,32g 473,572 3,531,923 '3,999,936 231,212 568,173 5,950 6,178 45,312 8,000 40,593 8,400 356,897 270.499 50,985 38,642 58,800 62,300 351,512 74,524 63,553 1,086,293 466,609 227607 -448,658 517,179 434,930 3.174,865 "3-./29.334 171,985 354,688 77,682 1,014,619 76,310 15,889 =574 555T-666 402,959 3,143.918 3.497.300 ,447' 69,15 541-T,Z3 ' 463 463 1,028 Duluth & Iron Range 1,028 Erie System 328 328 Grand Trunk Western -Month of July- -Jan.1 to July -Month of July- -Jan.1 to July 31Erie 1918. 1917. 1918. 1917. 1918. -Month of July- -Jan.1 to July 311917. 1917. 1918. $ s s 1918. 191.7. 1917. 1918. s s Freight revenue 367,000 636,000 4,653,000 4,218,815 1,652,904 980,269 4,266,538 3,031,546 6,258,442 4,710,305 33.548,967 29,956,228 Passenger revenue_ _ _ 135,000 156,000 20,985 901,000 865,283 21,779 146,012 1,031,257 952,862 6,016,579 5,490.987 133,264 Tot., incl. other rev. 1,692,531 1,033,374 4,499,385 3,295,046 7,950,514 6,318,185 44,038,597 39,715,589 1,051,756 856,801 5,332,557 5,549,901 Expenses-Maint.way 115,116 106,428 103.216 787,693 134,498 661,116 1,037,477 622,578 630,053 6,087,339 3,509.008 727,421 Maint. of equipm't_ 283,081 99,183 140,125 1,687,935 94,664 539,650 2,370,600 1,396,259 14,904,308 9.746,672 981,330 574,097 Traffic expenses 484 17,996 2,755 10,810 129,797 54,084 98.398 571,582 668,714 • • 27,989 114,157 5,981 Transportation oxp_ 453,141 249,041 317,029 2,973,750 2,417,774 250,545 1,209,931 975,640 3,521,552 2,772.703 24,340,210 18.184,145 Total,incl. other_ 467,500 807,355 520,130 2,616,022 2,304,431 7,179,477 5,071.683 47.363.552 33.257,176 608,318 5,783,202 4.319,143 Net from railroad_ _ _ _ 1,225,036 144,400 006,614 513,24 178-8 -3-,11-a 218,482 771,03/ n7,1-46,502-I 324,955 6,458,413 149,354 1,230,758 37,649 116,520 Taxes (less war taxes) 72,147 37.235 190,227 236,897 224,485 1.618,732 1,571,395 268,794 263,543 260,645 Net after taxes_ _ 106,656 1.1-08,434 441,096 1,614,249 534,036 1,021,435-4,046,578 211.152 969,184 4.872,682 --117,113 800.3g6 Net after rents 77 -3"Wei 432,70 1,704,501 800,469 1,127,532 1,081,271-3,860,510 5,334,151 -111,545 81,530-1,031,028 25,021 War taxes Aver. miles of r'd over. 284 347 269 347 1,989 1,989 EARNINGS. Duluth Missabe & Northern Chicago & Erie Great Northern -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -month of July- -Jan.1 to July 311918. 1917. 1917. 1918. 1918. 1918. 1917. 1917. 1918. 1918. 1917. 1917. $ S $ $ $ $ $ $ Freight revenue 3,771,101 2,115,136 8,905,540 5,826.280 908,327 673,023 4,669,467 4,255,638 7,246,544 5,943,535 35,450,666 34,964,924 Passenger revenue 227,314 43,555 37,737 24,736 63,060 384,591 248,958 339.297 1,533,500 1,503,413 8.619.379 8.549,884 Tot., incl. other rev. 3,975,899 2,250,666 9,567,785 6,415,351 1,011,585 809,901 5.549,899 5,018,013 9,281,590 8,200,255 48,339.017 48.202,742 Expenses-Maint.way 186,563 70,574 1,109,801 415,448 1,369,236 1,288.890 9.548,814 7,421.980 149,028 159,935 1,083,843 1,049,304 Maint. of equipm't_ 136,527 765,380 636,205 1,307.428 983,961 9,202,156 7,037,400 98,296 1.088,289 157,373 108,674 936,296 Trarne expenses 3,705 2,817 21,939 48,395 125,656 18,518 105,263 130,633 10,043 22,001 531,273 766,179 Transportation exp_ 494,442 356,450 3,092,841 2,271,112 3,316,518 2,517,618 23,274,290 16,843.527 438.378 417.930 1,926,487 1,436,790 Total,incl. other_ 864,648 3,533,959 766,268 4.271,147 '562.832 5,564,174 3,585,601 6,243,069 5,120.153 43,995,736 33,280.582 780,752 3,11 ,26I 1,484,398 5.206,637 2,881,391 Net from railroad _ _ ---T230,832 247,068 -14,274 1,432,411 3,03-8762-6 Th080T02' 4,343.280 14.922.160 Taxes (less war taxes) 218,584 150,067 544,011 365,697 218,925 499,337 430.332 3,355,609 2,980.296 36,608 31,275 256,258 Net after taxes- --- 2,8926 , 1,334,330 4,752.626.2,515,693 194,224 215,793 -270 ,56-6 1.213,487 2.538,626 2.649,486 983,538 11,939,117 Net tfterrents 2,905,193 1,326,603 4,936,350 2,673,9 1 88,299 -15,340-1,905,925 -375,070 2,929,773 2,642.69 2,347,840 12,071,313 War taxes_ 70,593 70,593 Aver. miles of r'd oper. 410 413 8,260 8,248 269 269 EARNINGS. Duluth South Shore & Atlantic • Florida East Coast Gulf & Ship Island Duluth Winnipeg & Pacific Fonda Johnstown & Gloversville Gulf Mobile & Northern East St Louis Connecting Fort Smith & Western Hocking Valley -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 W July 311918. 1917. 1917. 1918. 1918. 1918. 1917. 1917. 1918. 1917. 1918. . 1917. $ $ $ $ $ $ $ $ Freight revenue 427,797 251,489 1,813,406 1,734,116 483,712 305,316 3,231,066 2,757,884 163,625 1,024,534 902,295 359,772 Passenger revenue_ _ 102,986 114,887 568,515 77,764 568,796 136,480 1,658,306 1,827,443 35,189 351.588 158,164 207.975 Tot., incl. other rev. 564,469 401,144 2,539,733 2,460,990 274,014 210,246 1,489,820 588,004 525.803 5,618,542 5,389,089 1,184.033 Expenses-Maint.way 94,026 76,080 476,573 571,931 81.142 594,091 475,679 43,157 29,977 267,007 179,179 92,989 Maint. of equipm't_ 56,159 45,218 309,911 381,274 88,472 703,737 37,751 26,066 248,169 174,062 118,827 568,364 Traffic expenses_ _ _ 8,231 10,149 52,726 52,972 4.972 10,541 79,703 66,891 4,484 3,995 27,657 23,138 Transportation exP196,065 168,844 1,316,345 1.053,280 70,194 493,455 371,122 201,831 2.146,763 1,448,687 58,789 300,080 Total, incl. other_ 368,217 314,323 2,418,552 1,982,220 506,098 373.111 3.569,222 2.612.784 164,332 127,499 1.110.412 806,042 Net from railroad._ _ _ 196,251 86,820 478,769 121,180 81,906 152,692 'TF,049,3-24 2,776,305 109,681 82,747 379,407' 377,991 Taxes (loss war taxes) 19,000 17,000 107,199 142,270 41,335 32,624 286.981 256.903 73.474 68,949 11,588 11,934 1-77,2-43 Net after taxes_ _ 6978-2-0 -21,106 ▪ 371,556 403V 1-26 1 .760.85-0 2,519.21-8 98,029 70,802 305,432 30840 Net after rents 1f1071g 53,048 -66,767 62,614 100 ,701 1,642,5V "2,414,204 94,607 73,212 283,232 361,195 War taxes 10,568 42,568 3,237 8,641 Aver. miles of r'd oper. 601 602 765 764 307 307 EARNING. -Month of July-- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1917. 1918. 1918. 1917. 1918. 1918. 1917. 1917. 1918. /1917. $ $ $ $ $ $ $ $ $ $ $ , $ Freight revenue 98,388 133,033 1,080,142 785,304 32,621 21,527 191.471 169,380 150,530 189,562 1,035,626 1,002.759 Passenger revenue.._ 21,892 23,416 171,234 163,711 60,692 69,381 395.469 402,837 27.824 38,850 217.284 171,329 Tot., Ind, other rev. 128,105 160,593 977,033 1,283,310 97,962 96,205 616,952 607,305 200,068 226.791 1.318,563 1,247,278 Expenses-Maint.way 27,404 20,207 120,035 149,025 8,639 8,711 61,424 56,024 34,349 33,875 192,390 177,674 Maint. of equipm't_ 24,462 20,279 158,856 8,790 52,429 48.843 163,592 6,799 48,371 38,513 265,418 209,853 Traffic expenses_ _ _ 2,169 2,825 18,904 18,625 1,104 1,170 4.280 5,024 3,203 3,837 33,382 27,531 Transportation exp. 67,935 82,693 507,202 35,078 548,137 28,792 210,060 192,488 75,115 62,934 526.343 393.467 Total,incl. other_ 127,597 134.600 881,536 895,776 60,818 52,301 373.573 168.880 147,872 1,083.677 346,611 866.916 Not from railroad_ _ _ _ 508 2670-01 95,49 ' 387,533 3744 43.903 243.378 260.693 31,188 78,918 234,886 380,362 Taxes (loss war taxes) 7.404 8,096 53,721 4,500 4,200 67,619 31,500 24,900 11,269 8,416 80,080 58,941 Not after taxes__ ,_ -6,89. 15.867 319,914 a2 764 1 goisl 211.878 236,793 70,502 321,420 41,775 19,917 154,795 Net after rents -4,238 ----2-2:529 2 ,443 • 36,043 82,365 298,481 180.752 211,644 22,571 80,161 225,184 436,056 War taxes 2,807 1.631 2,465 18,060 -20,497 Aver. miles of r'd oper. 175 175 402 402 88 88 (See also on page 14) EARNINGS. -Month of July- -Jan,1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. 1918. 1917. 1918. 1917. 1918. 1917 1917. 1918. 1917. $ $ $ $ $ $ $ $ $ Freight revenue 64,301 53,561 475,301 384.151 1,362,032 862,529 5.804.430 4,868,145 Passenger revenue_ 27,078 22.880 161,908 132.464 97.502 87,368 543,357 525.981 Tot., incl. other rev. 99,876 91,933 597,296 590,488 97,755 83,406 695,882 571,454 1,548,034 1,031,618 6,726.090 5,747.818 Expenses-Maint.way 13,981 6,454 45,732 18,247 16,860 80,146 119,815 130,140 127,880 81,489 776,111 504.202 Maint. of equiptn't.. 19,832 9,069 21,823 96,987 24,679 186,327 150,433 289,540 190,586 1,890,220 1,250,020 42,489 _ Traffic 276 221 2,151 3,101 3,116 20,074 22,195 11,666 8,836 54,644 1,627 62,665 Transportation expenses_exp. 621,349 48.551 493,114 350,161 • 32,448 25.208 265,747 191.457 436,887 321,011 2,694,629 1.956.597 Total, incl. other_ 100,883 67,401 702,695 458,271 74.687 4_411 635.534 889,031 625.067 5,570.924 3,908,062 529.718 Net from railroad__ - - =-7:11bA 24,5a1 -112,267 8,719" -----6W47 139,026 41,736 , 6)7550 1,155,165 "1.830:75-6 Taxes (less war taxes) 1.666 1.662 15,461 12.960 4,500 33,000 3.600 26,600 54,025 56,000 353.125 350,000 Net after taxes__ _ _ -2,67.122,869 --12 ,670 126,664 11,845 5,119 27,343 15,122 ---15 --07518* 801,926 1.489.312 Net after rents -15,711 8,917 --7 . -,NZ 29,823 18,40g 369,519 '1,361,70 2,084,77 11,197 '"--71W1 815,088 44,738 War taxes 8,375 45,000 58.475 45,000 Aver.law of r'd .per. 3 3 253 253 349 349 EARNINGS. 8 RAILWAY EARNINGS Illinois Central • [Vol.. 107. Lehigh & Hudson River Louisville Henderson & FA Leads Lehigh & New England Maine Central Lehigh Valley Midland Valley Los Angeles & Salt Lake Mineral Range Louisiana & Arkansas Minneapolis & St,Louis -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ $ S $ $ $ Freight revenue • 8.073.068 5.285,743 43,208,851 35,944.261 244,177 169,008 1,203,154 1,151,336 150,000 144,837 1,050,786 917,605 Passenger revenue.._ 1,983,871 1,430,979 10,941,698 9,073,660 3,240 3,616 24,588 26.351 73,000 41,578 373,528 251,725 Tot., incl. other rev. 10,654,110 7,334,961 58,175,231 48,954,124 255,062 192,544 1,284,289 1,298,918 230,811 195,217 1,490,004 1,232,335 Expenses-M aint.way 1,378,877 1,022,770 9,087,615 6,425.280 34,811 16,363 174,304 37,405 123,159 26,370 233,906 162,082 Meat. of equipm't_ 2,067,762 1,491,988 13,222,829 10,258,221 32,155 28,152 212,693 25.682 189,914 33,666 208,578 154,544 Traffic _ 71,989 763,347 534,955 106,809 1,901 1,768 11,619 4,745 10,909 5,106 40,205 34,337 Transportation expenses..exp- 3,481,342 2,499,209 24,441,502 16,016.450 98,015 77,533 620,395 73,409 501.145 64,411 594,743 407,544 Total, mci. other.. 7,210,596 5,322,062 49,129,249 34,808,069 172,078 128,282 1,056,930 858,626 146.727 137,899 1,111,391 783,429 Net from railroad _ _ 3,443,514 2,012,808 9,045,982 '14,146,065 64,262 82,984 227,359 440,291 84,083 62,317 378,613 448,905 Taxes (less war taxes) 348,576 2,953,498 2,719,502 472,686 5,600 5,600 41.600 39,200 3,767 4,300 27.080 29,100 Net after taxes..__ - 2,969,600 1,663,563 6,081,201 11,417,860 77,384 58,662 185,740 401,091 80,313 58,017 419,376 351,356 Net after rents -5:002,760 1,880,903 7.019,192 13,228,958 79,667 36,008 140,284 69,866 285,605 , 2,6:f2' 261,245 330,640 War taxes 231,511 238,042 33,073 790,212 2,500 17,500 Aver. miles of r'd oper. 4,782 4,765 96 96 199 199 EARNINGS. International & Great Northern 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. Takes (less war taxes) Net after taxes._ _ _ Net aft6r rents War taxes_ Aver. miles of r'd oper. -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311917. 1918. 1917. 1918. 1918. 1917. 1918. 1918. 1917. 1917. 1918. 1917. $ $ $ s S $ $ $ $ 688,483 610,359 4,626,013 4,610,459 424,540 330,898 2,085,328 1,954.008 1,045,312 691,404 5,789.298 5,321,555 211,495 2,123,088 1,447,317 315,852 1,419 9,824 1,148 503,400 388.900 2,296,874 2,021,839 9.435 886,138 7,277,121 6,526,582 1,042,556 471,175 344.694 2,223,777 2,044,702 1,684,843 1,212,381 8.753,001' 8,037,071 859.029 114,909 1,022,895 177,290 42,774 36,048 213.045 295,732 149,853 1,510,759 257,040 898,191 174,459 1,498,703 1,060,615 227,371 62.310 45,198 259.909, 144.354 1,642,344 1,100,233 312,772 418,741 111,688 13,052 163,295 22,672 3,143 3,596 10,880 44,717 15,419 100.275 18,758 84.421 317,664 3,382,450 2,478.582 451,633 111,747 104,729 785,540 773,166 538,660 5,118.405 3,651,990 619,101 659,280 6,269,061 4,730,107 901,998 227,755 198,729 1,590,383 1,269,702 1,314,124 888.304 8,689,617 5,954,318 140.561 226,858 1,008,059 1,790,474 243,419 145.965 633,394 324,07(1 63,383 775,000 82Y53 30,000 242,638 210,000 23.000 8,577 20,250 67.460 61,016 58,705 79,260 544,464 410,976 110,440 203,673 796.103 1,545,873 234,841 125,715 265:368' .-7---4-8717,.3-31- 1 ,(17-175-81 • 572,377 695,740 167,840 719,536 1,408,600 202,230 231,860 124,587 327,12-44 635,619 -6777594 1,681,224 749,475 1,497 8,415 76,472 1,159 1,159 296 , 296 1,216 1,216 Kansas City Mexico & Orient RR EARNINGS. Freight revenue Passenger revenue_ _ _ Tot., incl. other rev. Expenses-Maint.w ay Maint of equipm'tTraffic 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. -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1917. 1918. 1917. $ $' $ $ $ $ $ $ $ 91,443 553,270 5,419,460 4,100,847 27,848,670 25.859,137 561,851 91,843 219,172 206,178 1,419,188 1,205,775 19,178 759,618 15,330 80,445 89.951 475,417 3,245,368 2,591,305 • 64,027 51,917 397,013 324,649 115,739 669,021 6,730,463 4,958,932 33,925.984 30.394,749 686,493 113,075 292,907 270,246 1,891,394 1,593,122 716,304 113,677 19,222 18,732 137,848 541,072 3,776,791 3,387,600 44,427 53,292 265.200 366,488 24,939 48.705 188,485 1,490,552 279,628 780,573 8,541.092 5,337,549 56,673 27,764 276,2511 215,293 3.866 42.769 5,271 80.330 38.019 31,010 440.812 1.686 583.494 2.891 18,870 20,710 43,349 317,352 2.502,635 1,945.519 17,469,405 13,091,580 386.906 48,905 93,145 74,411 676,167 506,728 122,523 699,062 4,853,478 3,454,932 31,033,991 23,173,095 104,189 888,314 205,189 167,076 1,312,704 1,168,095 -6,78i 8,886 --201,820 --30,041 -178-76,986 1,503,999'2,891.993 7.221,653 87,7-il 103.170 578,689 425,026 161,470 6,000 6,250 198,070 1,130,293 1,164,820 42,060 43,870 7,101 7,705 /50,054 :38,531 -13,033 2,886 -245,690 -72,166 1.715.481 1,305,849 1,7 -71") (6 -2' 6,055.486 80.614 95,409 528,546 386,238 -8,241 6,521 --222,712 -55,997 1,723.648 --01-07.10 -17741)75-41' 5,907,086 79,276 91,227 519,096 367.045 34.570 96,320 432 1,442 1,442 272 272 387 381 Kans City Mex & Or Ry of Texas -Month of June- -Jan. 1 to 1918. 1918. 1917. s Freight revenue !t,514 64,514 86, 298 482,623 &298 Passenger revenue.._ _ 12,302 16,454 66,751 Tot.. incl. other rev. 81,943 108,042 580,836 Expenses-Maint.way 14,072 23,227 110,775 Maint. of equipm't 38,640 170,766 29,161 Traffic expenses_ _ _ 1,819 21,678 4,137 Transportation exp.. 36,916 294,416 53,597 Total,incl. other_ 95,362 115,902 622,222 Net from railroad_ _ _ _ -13,419 -7,859 -41,386 Taxes (less war taxes) 5,000 5,000 30,000 Net after taxes...._ _ -18,419 --12,859 -71,513 Net after rents 14,146 -10,294 --55,021 War taxes 94 1,300 Aver. miles of r'd oper. 465 465 EARNINGS. June 30- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1917. 1918. 1918. 1917. 1917. 1918. 1917. $ $ s $ $ $ $ $ $ 881,401 08,757 643,080 5,133,132 4,781,849 92,344 81,96:7 600.695 638.291 358,396 282,626 2,157,872 1,923,753 95,114 2,294 3,370 15,880 20,343 658,202 1,327.684 1,009,787 7,887,140 7,298,935 • 98,044 89,271 6:36,130 .676,106 149.147 126,347 103,468 1,112,763 10,039 771,822 21,647 125,832 153,947 229,933 156,434 147,006 1,524,479 1,039.139 21,057 10,467 129,802 133,445 17,455 23.956 33,447 181,039 513 230.803 611 3,139 3,366 412,418 353,281 304,588 2,973,562 2,101,335 50,338 47,073 346,452 381,159 844,457 689,089 632,319 6,111,227 4,417,99.5 91.068 86.001 613,665 679,594 483,127 -30.886 377,407 1,775,912 2.880,940 6,975 3,269 22,464 -3,487 62,564 30,500 55,753 438,432 3,300 379,987 3,000 23,668 22,277 420,563 -61,506 321,660 1,336,311 2,500,515 3,675 269 -1,203 -25,765 --38,426 447,335 295,161 1,266,264 2,272,012 4,586 --915 906 -41,177 3,521 33,711 1,168 1,153 100 120 Kansas City Southern System EARNINGS. Freight revenue Passenger revenue_ Tot.,incl. other rev. Expenses-Maint.way Maint. of equipm't_ _ Traffic Transportation expenses.... 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. Kansas City Southern -Month of June- -Jan. 1 to June 30- -Month of July- -Jan.1 to July 31--Month of July- -Jan.1 to July 311918. 1917. 1918. 1918. 1917, 1917. 1918. 1917. 1918. 1917. 1917. 1918. $ $ $ $ $ $ $ $ 835,588 90,456 758,355 6,475,160 5,412,151 110,353 641.455 732,813 563.106 699.793 4,841,613 4,623,040 200,862 30,636 153,582 1,246,049 918,753 19,322 173,225 207,075 106.672 168,260 1,157,590 1,031,332 1,118,610 1,000,164 8,334,874 6,887,811 127,065 133,848 850,013 988,856 695.410 924,959 6,354,275 6,065,835 157,706 28,444 90,446 858,138 21,612 691,263 143,764 131,466 199,944 152,432 1,169,086 903,711 221,044 28,654 157,930 1,389,819 22,269 982,275 131,274 123.941 210,602 89,504 1.370,772 638,425 4,976 13,583 25,228 4,121 140,701 176,675 21.086 12,729 23.235 16,558 104,379 123,115 73,180 459,639 323,306 3,192,764 2,155,826 39,593 307,774 4 L,903 223,906 --...._41 372,141 :3,229,418 2,534,495 143,364 885,985 628,314 5,858,650 4,234,284 91.339 637,837 527,495 892,279 653,496 6.057,407 4,351Wo) 232,625 371,850 2,476,223 2,653,527 -16,299 42;508 21ni5 167,016 96,577 271,463 296,867 1,708,944 11,407 56,986 10,244 398,902 50,659 354.615 64,850 60.636 51,351 46,378 348,132 311,714 32,312 175,091 320,749 2,075,818 2,296.175 -27,715 147,243 107,236 45,149 224,931 -54.205 1,3, 6,356 -25,639 31,597 128,143 317,237 1,861,470 2,277,192 1-,-4.45 130707 15 23,077 226,098 167,903 1,334,67 2,347 160 8,713 7,529 60,997 381 723 14,000 302 302 774 755 1,646 1,646 Texarkana & Fort Smith Louisiana Railway & Nay Co Minn St Paul & Sault Ste Marie , -Month of July- -Jan.1 to July 3I- -Month of July- -Jan.1 to July 31- -Month of July-Jan.1 to July 311918. 1918. 1917. 1917. 1918. 1917. 1918. 1918. 1917. 1917. 1918. 1917. $ $ $ $ $ $ $ $ $ $ $ 747,258 81,194 519,406 496,239 178,583 141.915 1,167,089 997,433 2.416.933 2,356.330 11,884,979 14,050,016 16,575 14,000 77,184 107,984 97,826 30,675 410,584 187,174 626.602 636.303 3.467.432 3,644,142 101,087 102,152 630,322 681,356 286,162 182,726 1,667,680 1,266.671 3,243,909 3,230,802 16.781.587 19,231,709 14,504 10,895 76,564 56,037 57,432 24,723 254,887 190.663 404,972 373,103 2.883.562 2,094,351 2,694 4,447 65,517 32,330 35.674 29,051 239,357 176,443 451,283 388,604 3,352,754 2,698,295 2,066 3,086 17,427 19,498 3,684 5,877 33.619 45,311 33,330 47,719 234,796 344,823 36,870 26,714 293,861 202,377 ' 89,267 75,618 722,167 492.886 1,325,746 1,095,820 8,524.726 7,076,327 62,415 50,398 485,307 33:3,651 194,273 141.963 1.305,188 953,557 2,311,553 1.987,841 15,578,175 12,737,480 39,571 51,754 196,049 296,671 91.88816:7-6gn7274-92 313.113 93274-4-6 1.242.966 Th794.22-8 7,290 7,395 51,034 51,768 14,000 19.192 98.000 115,577 178,559 200,942 1,272.634 1,186,530 32,281 44,358 115.019 244,301 ----77,763 21,549 TaWIT 101W9T 753,$8-4 1,04irsn -69.21i 5,A7,066 27,91 7, 92,659 205,660 ---1W,T-21 19,814 203-,V21 198,51 646.718 -17,-60-37)84' 178770 5,312,61-g 1.881----13,028 33 640 14,000 98,000 81 -' 81 356 342 4,243 4,227 • -f-,-2-63.4a Kansas City Terminal 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.... _ _ Net after rents War taxes 1,ver. miles ofr'd oper. Louisville & Nashville • Mississippi Central -Month of June- -Jan. 1 to June 30- -Month of July- -Jan.1 to July 31- -Month of July- -Jan. 1 to July 311918. 1917. 1918. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ s..$ s $ $ $ $ $ $ $ $ 6,841,346 4,808,302 36,975,181 31,213.469 88,360 52,166 452,107 305,495 9,380,606 1,377,579 12,691,999 8,451,819 56,818 15.363 226,106 84,559 107,593 91,1:35 575,882 557,811 9,508,722 6,576,473 52,503,516 42,472,814 148.207 71,672 718,944 419.344 11,912 7,607 68.056 45,503 1,151,633 820,437 6,539,780 5,238,110 18,286 12,139 88,415 63,552 20,862 13,271 103,917 75.850 1,818,713 1,280,541 11,287,078 8,104,029 26,888 18,605 162,582 111,711 109,417 114,973 835,104 910,695 1,681 k 1,007 11,664 7,328 70,763 35,825 279,744 220,896 3,191,625 2.207,285 21,599,997 14,084,405 29,280 19,351 211,666 113,858 104,772 57,619 460.664 357,292 6,443,284 4,5619,463 41.411 642 29,331,663 81,119 55,153 514,244 325,059 --3.17515 115.217 200,518 3,065.437 2,007,010 11,091,873 "1 11.15O 87,088 204,700 94,284 18,369 18,580 114,002 109.260 238.185 265,916 1,667,765 1.861,412 4,657 3.896 26,371 26.972 -745.548 14.935 1.215 91,092 2, 25,803 1,740,531 9,415.088 11,270,8:31 62.430 178,328, 67,260 318,431 180,090 1,186.622 1,1b5,721 2,948,629 2.034.020 10,560.003 13,251.080 64.756 24,208 230.603 165,389 105 7.647 40,000 • 160,710 280,000 1,124,972 2,665 5,923 23 4,996 5,070 164 164 -firm RAILWAY EARNINGS SEPT., 1918. Missouri & North Arkansas Nevada Northern 9 New York Central System New York Central RR -Month of July- -Jan.1 to July 31- -Month of July- --Jan. 1 kreluly 31-Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. X 1917. $ $ $ Freight revenue 185,003 1,287,066 1,253,910 16.028.061 12,722.831 94,064,303 83,571,853 505,621 73,899 62,355 194,383 489,558 Passenger revenue_17,610 107.026 100,740 7,169,012 5,579,236 35.103,110 31,526,717 42,415 42,605 17,149 260,814 231,378 Tot.,incl. other rev 208,148 1,429,330 1,387.897 26,282,974 21,192,032 149012,328 133672,144 126,217 216,344 113,469 809,041 795,997 Expenses-Maint.was 145,353 140,162 2,742,923 2,483.812 18,258,553 14.209.811 38,881 20,724 16,479 192,756 139,687 '22,444 139,959 4,444,896 3,179,511 32,955.016 23.534,356 26,464 22,006 185,888 Maint. of equipm't. 13,885 21,111 152,580 128,335 216,016 240,467 1,677,115 1.785,639 5,614 5,224 2,371 957 803 4,497 Traffic expenses__. 18,074 28,274 Transportation exp. 37,438 347,341 255,106 9..687,064 7.787,845 69,396,837 53,604.125 42,127 56,290 342,000 56,010 311,365 87,031 721,555 576,242 17,918,477 14.479,829 128269,959 98,228,419 Total, incl. other. 102,982 98,092 110,639 745,213 641,432 121,117 707,774 811,654 8,364,496 6,712,202 '20,742.369 5.443.725 23,235 105,705 Net from railroad_ _ _ _ 15,377 63,827 154,564 968,780 7,000,542 6.620.403 109,397 71,554 1,158,654 10,398 20,014 5,750 5,500 39,223 34,300 Taxes (less war taxes) 110,719 597.767 740,099 7.204,446 5.741.643 13,723.683 8.804.643 85,691 Net after taxes.._ 15,382 9.781 20,075 118,815 107,215 573,174 717,953 7,415,989 5,643,060 12,044,337 26,688,717' 14,042 Net after rents 82,259 11,168 7,660 111,144 128,024 1,060,888 442 3,635 War taxes 1,091 6,079 6.082 Aver. miles of r'd oper. 165 168 365 365 Cincinnati Northern Newburgh & South Shore Missouri Kansas & Texas R.R. -Month of July- ----Jan.1 to July31 --Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to Juiv 31-, EARNINGS. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. S , $ $ $ $ 237,596 179,532 1,281,609 1,180,207 Freight revenue 2,014,140 1,526,093 12,007,261 10,405,672 21,235 Passenger revenue 16,841 160,767 100,820 -248 442 3,352 727,487 -245 471,200 4,101,375 2,874,259 269,124 Tot.,incl. other rev. 2,939,906 2,152,044 17,132,226 14,255,920 203,573 1,435,221 1,324.089 149,393 92,624 674,991 563,095 Expenses-Maint.way 28,590 38,953 237,047 212,379 . 486,806 15,303 12,676 272,740 2,930,544 1,973,825 88,964 60,539 Maint. of equipm't_ 56,152 31.136 368,139 237,952 666,351 529,335 4,797,982 3,162,395 23,512 21,669 137,957 165,391 2,847 Traffic expenses_ _ _ 3,274 255,509 24,036 21,698 205,698 21,675 37,719 Transportation exp_ 84,890 72,903 588,864 527.166 900,327 589,446 6,357960 4,226,298 71,784 343,600 52,888 347,656 176,379 Total,incl. other_ 2,151,336 1,518,228 14,936,488 10,080,922 149,073 1,248,729 1.020,239 113,248 93,999 572,802 601.452 92,745 54,499 Net from railroad__ 186.492 303,830 788,570 633,816 2,195,737 4,174,998 36,145 --9,707 --1.375 73,538 7,566 560,047 676,842 7,000 90,164 79,583 49,000 99,663 Taxes (less war taxes) 8,245 5,301 34.858 42,704 85.171 '1,515,417 '3,610,795 553,799 ' Net after taxes_ _ _ _ 47,499 96.313 254,827 688,634 27,900 -6,677 30,834 --44.565 83,752 24,703 686,379' 1,967,034 4,545,618 30,045 58T,B64 Net after rents 155,925 32,563 -5,845 56,178 -94,021 71,638 2,433 9,122 17,033 War taxes 1,322 1,322 1,744 Aver. miles ofr'd oper. 245 245 1,737 7 7 EARNINGS. Missouri Hans & Texas Ry of Tex New Orleans & North Eastern Cleve Cin Chic & St L (Inc Peoria & East) -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311917. 1918. 1918. 1917. 1918. 1917. 191s. • 1917. 1918. 1918. 1917. 1917. $ $ $ $ $ 3 3 906,413 Freight revenue 746,640 5,661,145 5,244,981 \ 3947,914 263.480 '2,215.970 1,979,101 5,011,470 3,006,657 25,032,487 20,42,590 Passenger revenue_ 758,028 401,760 4,043,156 2,332,861 123,107 67,581 812,458 434,918 1,600,991 1,075,904 7,965,357 6,264,852 Tot., incl. other rev. 1,775,074 1,258,958 10,524,844 8,286,055 580,690 372,295 3,457.682 2,667,172 7,084,144 4,462,950 86,385,712 29,040,302 Expenses-Maintmay 336,795 244,082 2,030,550 2,014,950 601,321 434,274 3,839,222 2,597,493 62,313 s 38,732 364,750 254,695 Maint. of equipm't. 279,301 175,376 1,867,729 1,232,543 817,836 6,692,962 5,393,313 112,908 500,652 1,090,789 75.150 663,932 Traffic expenses.._ 18,288 28,059 157,875 74,210 196,707 83,134 , 552,497 8,456 571,042 8.984 60,613 72,959 Transportation exp .. _ 749,196 568,946 5,613,989 4,008,394 221,547 858.408 2,228,120 1,702,124 15,542,755 11,803,838 139,554 1,419,986 Total,incl. other.. 1,458,640 1,971,660 10,224,759 7,844,174 420,458 274,260 2,610.565 1,795,072 4,119,929 3,150,325.27,544,559 21,146 663 316,434 187,297 Not from railroad, 300,084 441,881 160.232 98 :01-5 847,117 872,099 2.964,215 1,312,625 8,841,152 7,893,638 47,930 48,239 173,56,9 333,197 325,151 160,000 2.603.573 1,120,000 27,099 Taxes (less war taxes) 26,000 200,972 150,800 268.488 138.746 -31,609 Net after taxes_ 114,359 468 720,1r4 2.789,524 1,152 102 6,234,399 6,768,602 133,132 7263 257,078 Not after rents 809,497 2,592,065 26,327 -1,072,845 -807,555 991,431 5,159,641 5,630,936 122,878 96,623' ---645,803 29,220 War taxes 8,000 27,500 1,763 262,540 •1,796 Aver. miles of r'd oper. 2.395 1,791 2,386 203 203 Inaiana Harbor Belt Missouri Oklahoma & Gulf New Orleans Great Northern -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July-K- -Jan.1 to July 31EARNINGS. 1918. 1918. 1917. 1918, 1917. 1917, ' 1918. 1918. 1917. 1918. 1917. 1917. $ $ $ $ $ $ $ $ Freight revenue 134,322 776.823 124,378 786,593 171,266 930,225 151,978 854,875 .Passenger revenue 23,152 197,621 28,397 245,227 194,319 154,727 36,686 45,053 Tot., incl. other rev. 170,069 226,939 170,622 1,030,116 1,081,596 545.950 195,746 1,234,528 1,029.425 416,992 2,996,580 3,070,299 Expenses-Maint.way 42,118 43,882 110.746 19,573 121,852 25,036 174,548 251,568 139,262 54,313 678,052 340,282 Maint. of equipm't_ 53,433 67,303 30,298 201,975 167,926 27,737 26,832 188,753 52,313 329.994 629,666 387,614 Traffic expenses.._ _ 1,754 4,4a4 2,317 3,850 24,838 22.026 3,648 17,466 2,696 .13,962 30,641 20,041 Transportation exp_ 325,988 76,008 64,522 293,383 58,490 69,040 423.728 191,792 1,948,073 1.497,505 571,543 482,333 Total,incl. other_ 182,076 123.871 1,232,784 497,318 142,032 879,325 675,063 311,365 3,357,623 2,314,126 131,583 894,189 Net from railroad_ --12.006 354,362 48,632 84,906 64.163 355,202 46,751 -202,661 105,627 --361,043 756,172 187,407 Taxes (less war taxes) 9,000 8,141 45.288 11,117 9,260 57,342 9.340 8.921 72,194 61,959 61,357 63,207 Net after taxes.. --21,503 37,512 54,894 308,558 37,411 -265,526 96,706 76,756 297,497 -433.210 694,801 124,075 Net after rents 23,912 76,91277:096 325,214 390,883 --93,899 30,484 -342,490 --783 -1,195,723 --233,311 8,528 War taxes 451 3,964 Aver. miles of r'd oper. 332 284 116 284 332 109 EARNINGS. Kanawha & Michigan N Orleans Texas & Mexico System Missouri Pacific -Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 31New Orleans Texas & Mexico to July 1918. -Month of July-Jan. 1 311917. 1918. 1917. 1918. 1918. 1917. 1917. $ 1917. 1918. 1918. 1917. $ $ $ $ Freight revenue 5,335,300 4,875,637 33,259,348 851,384 576,366 66,372 500,942 95,593 275,852 2,359.099 1,675,424 Passenger revenue__ _ 1,868,433 1,205,374 10,776,262 21,879 288,440 159,584 50,700 130,457 37,652 .560,026 218,343 Tot., incl. other rev. 7,727,501 6,554,948 47.826,454 653,016 786,084 119,399 121,703 1,167.345 325,360 3,014,377 1,965,163 Expenses-Maint.way 1,261.137 945,717 7,796.697 122,818 27,040 18,512 200,778 52,119 35,043 338,097 259,924 Maint. of equipm't_ 1,397.586 1,045,934 9,402,670 214,433 120,829 23,448 28,478 110,949 73,147 725,291 501,782 _ Traffic 73,495 135,253 33,792 4,482 719,788 22,343 2,682 2,095 3,485 20,167 19,846 expenses_exp Transportation 2,838.333 2,118,385 19,767,270 11,986 362,441 224,059 46,895 172.759 91,497 967,048 584,713 Total, incl. other.. 5,804.762 4.415,756 39.062,405 547.572 110,051 846,578 85,433 349,859 210,696 2,118,039 1,418,547 . Net from railroad.. _ _ L922738 2,139.192 8,744.04 9,347 320.767 238.511 36,270 303,157 114,664 896,338 546.616 283,332 Taxes (less war taxes) 265.000 1.964,957 21,380 9,000 3,050 1,400 22,620 17,065 138,562 118,098 1,634.94V.1,813,645 '6.769.288 Net after taxes.. _ 34,867 280.536 299,001 6,297 228,625 97,598 757,776 428,495 Net after rents 1,950.036 'Th73517731 413,764 322,820 280,148 49,604 43,161 153,928 939.245 914,226 War taxes 10,600 2,250 15,750 33,713 Aver. miles of r'd oper. 7,301 7,295 176 191 191 176 EARNINGS. 1,831,437 Beaumont Sour Lake is Western Lake Erie & Western Monongahela Connecting -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1917. 1918. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. $ 3 $ $ $• $ $ $ Freight revenue 583.906 401,894 62,461 54,561 792.424 586,628 4,376,176 4,090,732 _ Passenger revenue.._ 115,117 27,209 12,938 214.310 58,469 58,330 351,123 374,424 rev. other incl. Tot., 245,126 130,385 1,302,330 1,118,384 549.454 71,146 827.016 898,559 679,634 • 4,982,875 4,696.213 83.937 Experises-Maint.way 22.334 44,084 178,471 226,037 112,827 110,871 94.120 18,727 11,765 97,600 647,812 524,177 Mafia. of equipm't_ 34,423 34,315 209,017 242,583 15,156 12,293 105,652 59,302 174,345 112,789 1,139,418 737,779 _ expenses_ _ Traffic 422 341 13,643 2,834 2,420 17,168 1,171 2,629 15,217 13,519 93,036 93,736 Transportation exp.. 138,176 96,180 284,843 715,308 545,873 174.830 342,833 37,186 23,417 264,321 2,357,015 1,837,304 Total,incl. other.. 199,011 180,473 1,143,293 76,028 54,068 546,369 977,798 740.330 501,673 4,385,072 3,297,337 370.510 Not from railroad_ _ _ _ 46,114 -50.087 159,036 17,078 140,585 158,229 7,908 280,647 178,943 177.961 597,802 1,398,875 Taxes (loss war taxes) 2 101 1,827 16,391 1,750 12,250 13,118 2,150 15,050 30,000 32,500 189,043 199,500 Not after taxes_ 44,01 -51,915 142,645 127,467 15,328 265,544 166,483 128,185 5,758 145,417 408.133 1,198,995 Net after rents ' 43,570 --49,177 105,156 31,187 ---12,087 2,096 146,310 58,091 106,274 95,099 255,819 918,472 War taxes 259 250 1,750 1,052 3,456 Aver. miles of r'd oper. 5 5 118 118 900 900 EARNINGS. Nashville Chattanooga & St Louis St rands Brownsville &Mexico Michigan Central -Month of July- -Jan.1 to July 31- -MonthofJuly --Jan.1 toJuly31--Month of July- -Jan.1 to July 311918. 1917. 1918. 1918. 1918. 1917. 1918. 1917. 1917. 1917. 1918. 1917. $ $ $ $ $ $ $ $ $ $ $ $ Freight revenue 1,380,565 814,534 7,489,006 5,794,733 147,759 1,347,485 1,261,564 4,007,911 2,621,297 23,487,054 19,209.815 207,303 Passenger revenue_ _ _ 665.896 292.901 3,078,313 1,788,312 802.184 1,900,309 1,170,580 8,493.893 6,687,956 643,464 70,430 116,291 Tot., incl. other rev. 1,194,499 11,173,656 8,310,176 239,835 2,153,755 2,314,236 6,450,466 4,300,695 35,809,133 29,246,320 343.165 Expenses-Maint.way 2,119,002 218,657 137,870 1,203,952 345,154 54,924 369,000 621.335 859,163 47,822 437,611 4,192,519 3,172,212 Maint. of equipm't_ 356,839 240,717 2,189,763 1,617,496 389,561 266,456 969,978 72,016 33,940 689,409 6,234,593 4,481,952 Traffic expenses_ _ _ 35,237 65,541 310,306 11,836 56,292 389,012 4,897 72,609 73,929 68,437 468,133 465,4971 Transportation exp_ 672,159 465,945 4,888,853 3,177,326 69,939 95,312 738,519 650,921 2,127,080 1,675,992 15,736,523 12,942,179 Total, incl. other.. 1,35.927 950,887 8,907,859 6,386,901 175,568 1,649,372 1,393.464 3,972,920 3,013,042 27,826,783 22,072,858 238,590 Notfrom railroad_ _ _ _ 793,071 243.6117 2,7 2 66-7T4 T0T-237i74 64,2611 920,772 2,477,546 1,287.653 7,982,350 7,173.462 504,382 104.574 Taxes (less war taxes) 33.334 30,000 233.338 210,000 69,611 8,000 56.000 168,700 9,944 188,000 1.118,800 1,156,000 Not after taxes_ 759„5.)1 213 462. 2.031 566 1.711 172 433,753 55,756 863.728 2,308.395 1.099.262 6.858,226 0.008,840 94,510 Net afovfr rents 810,470 291,277 2,296,68' 2,311,971 412,812 58.197 846,748 2,197,392 815,274 5,326.219 3,073,213 107,841 War taxes 6,666 46,662 21,388 12,000 3,055 92,200 Aver.miles of r'd oper. 1.236 1,236 548 1,861 548 1,861 EARNINGS. 10 RAILWAY • EARNINGS New York Central System (Cond.) [VOL. 107. Norfolk Southern Pennsylvania Sys (Concluded) Pittsburgh & Lake Erie -Month of July- -Jan.1 to July 31Long Island , -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. -Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. $ $ $ $ 1918. 1917. 1918. 1917. Freight revenue 2,837,413 1,954,559 14,802.582 11,624,064 321,090 277,331 2,170.256 2,285,442 549,718 364,435 2,882,313 2,476,106 Passenger revenue_227,418 229,229 1,256,254 1,271,350 158,916 117,844 791,074 642,092 1,953,961 1,272,986 8,066,413 5,286,338 Tot., incl. other rev 3,265,198 2,352,773 17,245,209 14,189,426 508,531 428,294 3,144,887 3,119,801 2,734,092 1,870,347 12,113,878 8,934,255 Expenses-Maint.way 389,694 243,370 2,449,895 1,685,305 98,803 44,445 534,186 384,155 236,845 152,302 1,373,791 1,090,867 Maint. of equipm't_ 569,473 454,554 3,586,122 2,807,978 150,371 583,298 54,074 459,913 325,876 155,777 1,512,904 1,022,072 Traffic expenses_ _ _ 16,133 113,895 111,532 15,739 7,782 7,782 49,414 60,152 16,060 17,158 74,784 82,055 Transportation exp _ 794,824 703,655 5,677,064 4.479,812 214.603 150,633 1,476,012 1,043,042 828,356 609,443 5,422,895 3,906,307 Total, incl. other.. 1,819,128 1,457,509 12,160,637 9,380.505 490,454 276,762 2,787,772 2,088,072 1,459,230 977,774 8,772,634 6,423,943 Net from railroad_ _ _ _ 1,446,60 895,263 5,084,571 4,808,920 151,532 18,074 357,114 1,631-:728 1,274,862 892,572 '3,341,244' 2,510,312 Taxes (less war taxes) 73,900 85,200 517.300 596,400 15,800 15,015 110,741 105,105 89,871 75,823 629,094 522,067 Net after taxes.._ _ _ 1,372,169 8TO-0l 4,567,267 4,212,520 2,275 136,507 246,286 926.222 1,184,989 816,749' -2,710.247 1,987,114 Net after rents 1,413,909 829,60 4,673,122 4,191,649 44,965 128,84,. 216, 837,481 1,174,878 - 747,661 2;359,538 1,5-3-877 -11 War taxes 40,400 282,800 3,090 3,315 29,888 23,206 Aver. miles of r'd oper. 224 224 907 907 398 397 EARNINGS. Toledo & Ohio Central Northern Pacific System Maryland Delaware & Virginia -Month of July- -Jan.1 to July 31Northern Pacific -Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 311918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ 1918. $ $ 1917. 1918. 1917. $ s 5 $ Freight revenue 1,072,600 677.105 4,518,497 3,611,846 6,386,891 5,449,850 37,360,799 37,218,339 88,165 63,352 322,028 328,582 Passenger revenue_ _ _ 77,557 61,007 389,292 352,896 1,637,798 1,521,176 9,261,274 8,451,435 48,574 41,588 158,770 157,540 Tot., incl. other rev. 1,189,990 791,687 5,199,029 4,200,871 8,475,039 7,658,428 50,498,274 49,806,751 139,603 108,135 510,062 495,266 Expenses-Maint.way 125,185 872,499 89,399 600,237 1,259,913 1,257,612 8,200,614 6,860,249 8,329 7,647 49,272 35,932 Maint. of equipm't_ 231,415 123,544 1,255,106 799,848 1,111,600 _ 843,853 7,870,095 5,522,093 30,542 25,036 115,619 78,330 Traffic _ 6,701 8,071 53,972 51,363 45,294 -98,600 523,519 723,199 1,511 1,516 7.771 6,463 Transportation expenses_exp_ 379,345 278,305 2,508,466 1,759,503 3,010,769 2,343,363 20,679,393 15,619,732 71,151 55,304 358,158 317,831 Total.incl. other_ 760,408 512,795 4,805,113 3,298,550 5,588,365 4,662,876 38,519,120 29,673,142 113,026 90,927 542,909 450,537 Net from railroad_ _ _ _ 429,582 278,891 393,016 902,320 2,886,674279-96W1 11,979,153 20,128,609 26,576 17,208 -47,643 59,521 Taxes (less war taxes) 200,795 29,079 27,228 187,551 572,794 476,257 3,635.515 3,265,615 1,892 1.236 9,879 8,012 Not after taxes..__ _ 400,503 251.662 193,091 714.776 2,313.359 2,5 ,748 8,340,197 16,855,443 24,684 15,971-I -7-5 7523 51,498 Net after rents 413,089' 232,963 239,563 728,786 2798-47364 '2,665,764 TX:070,695 18,447,502 24,058 16,-3 6?) -67,213 47,961 War taxes 11 1,431 85,727 125,000 299,848 ...: 1,250,000 Aver. miles ofr'd oper. 435 435 6,596 6,525 82 82 New York Chicago & St Louis Minnesota & International Monongahela -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31EARNINGS. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ 3 $ $ $ $ $ $ $ $ $ Freight revenue 73,968 444,831 57,719 471,106 1,656,594 1,192,255 9,776,894 8,418,219 268,406 160,513 1,46 5,682 1,117,729 Passenger revenue.. 26,047 21,751 163,044 148,836 278,205 189,659 923,741 799,008 24,734 17,825 132,652 87,044 Tot., incl. other rev. 1,994,332 1,450,493 11,062,683 9,636,993 107,079 644,243 85,123 661.035 299,927 181,738 1,648,246 1,229,615 Expenses-Maint.way 20,240 17,023 114,212 229,353 92,865 143,088 1,384,751 819.376 50,484 37,266 380,510 215,313 Maint. of equipm't_ 24,808 14,263 361,660 104,065 221,183 1,957,895 1,441,042 79,505 18,371 11,980 135,050 94,924 Traffic expenses_ _ _ 406 474 10.- 3,218 32,457 46,858 3,715 255,391 317,621 1,360 989 9,838 6,360 Transportation exp_ 42,916 29,887("'319,409 715,571 625,463 5,293,950 4,722,016 229,575 81,626 51,096 592.524 345,759 Total,incl. other_ 1,391,724 1,075,441 9.228.116 7,566,747 92,424 64,527 564,660 *011425,163 156,604 105,218 1,152,091 690,790 Net from rallroad.._ _ _ 14,654 20,594235.872 79,582 602,6T)1 375,052 1,834,567 2,070,245 143,3-2-2 76,519 496,154 538,824 Taxes (less war taxes) 5,310 4,577 40,946 37,703 57,500 50.000 402,500 350,000 3,750 6,000 26,316 42,000 Net after taxes._ _ _ _ 9,343 16,018 38,601 545,103 "--3-2 198,157 .376Tg 1,431.042 1,720,123 139.572 70,519 469,836 496,823 Net after rents 13,592 4,868 2,305 140,500 579,462 239,491 1,040,696 1,149,174 139.380 37,894 243,102 3-12;27 0 War taxes 4,828 2,500 17,500 Aver. miles of r'd oper. 195 195 570 (See also on page 14) 572 108 108 EARNINGS. 7 Northwestern Pacific New York New Haven & Hartford New York Philadelphia & Norfolk -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 311918. 1917. 1918. p918. 1917. 1917. 1918. 1917. 1917. 1918. 1918. 1917. $ $ $ s $ $ $ s Freight revenue 316,038 5,370,342 3,376,196 27,209,428 23,582,358 185,519 1,609,577 1,175,442 618,956 448,917 2,874,598 2,435,195 Passenger revenue.._ _ 3,701,439 3,066,583 20,787,086 18,528.267 275,265 260,810 1,221,105 1,139,131 109,578 77,153 642,080 377.282 Tot.. in other rev. 10,048,098 7,294,549 54.581,099 48,444,227 649,844 L504,250 3,050,059 2,616,277 787,517 576,112 3,855.864 3,069,743 Expenses-M aint.way 1,210,688 58,476 53,834 854,933 6,862,920 4,740,581 448,265 419,568 53,893 46,192 337,957 327,498 Maint. of equipm't_ 1,468,249 1,057.522 11,200,426 6,702.984 52,977 ;44,668 1 348,010 319,512 123,917 78,554 795,049 563,071 b. 5,757 Traffic expenses_ _ _ 5,317 37,814 48,503 274,850 33,174 307,526 38,732 9,904 5,004 73,691 33,734 Transportation exp.. 3,873,141 3.065.565 26,296.779 20,651,675 206,089 149,175 1,164,406 922.053 314,148 209,655 1,860,672 1,211,493 Total, incl. other_ 6,972.350 5,433.398 47,364,180 34,589,377 334,660 265,064 2,077,025 1.778,551 529,031 348,726_ 3,238,672 2,254,199 Net from railroad.._ _ _ 3W-048 1,861,151 7,216,918 13,854,849 315,183 239,186 973,033 v 37,726 258,486 227,385 61.7,192 81-6:6-a Taxes (less war taxes) 22,128 282,000 21,056 275,000 1,934.000 1,945,000 152.748 132,124 17,340 14,094 103,843 98,659 Net after taxes 293,052 218,128" 2.793,15 --3-E6M5 1.585,888 5,274,569 11,905,185 705,467 241,134 213.263 51. 16,55 Net after rents 297,114 2,492.426 1,119,748 2,588,067 8,801,241 219,218 831,983 711,779 219,794 W-3-76 430,556 665,126 War taxes 2,003 5,000 1,993 8.892 9,902 59,306 69,320 Aver. miles of r'd oper. 507 2,007 507 1,997 121 121 EARNINGS. New York Ontario & Western Pennsylvania Sys-Eastern Lines Union RR of Pennsylvania -Month of July- -Jan.1 to July 31Pennsylvania Railroad of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 31- -Month 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ 1218. $ $ 1917. S . . $ $ Freight revenue 717,308 496,124 4,183,428' 3,356,460 25,265,119 17,608,474 120299,133 112536,708 Passenger revenue__ _ 9,756.948 417,947 5,794,275 321,589 1,079,138 50,567.740 35,226,079 877,717 Tot., incl. other rev. 1,314,415 958,072 6,090,512 5,067,709 37,836,002 25,747,218 189204,650 163778,172 781,800 595,387 3,631,410 3,230,239 Expenses-Maint.way 132,969 97,890 760,651 544,116 3,638,750 2,830,820 25,257,384 20,023,992 21,346 45,978 362,186 301,109 Maint. of equipn't_ 208,985 125,475 1,292,744 857.593 7,935,556 4,614,378 49,177,983 32,937,380 139,368 173,071 1,140,510 1,051,315 _ Traffic 292,128 10,167 63,162 8,006 259,306 1,867,125 1,727,017 61,960 98 955 1,404 1,716 expenses_Transportation asp.... 432,204 323,523 3,028,558 2,087,203 13,802,737 10.140,788 91.758.643 65,735.348 298,080 287,592 2,116,465 1,686,600 Total, incl. other.. 801,892 576,149 5,297,791 3,687,430 26,818,382918,777.163 175675,367 126742,471 462,123 518,043 3,656,422 3,084,896 Net from railroad_ _ _ _ 512,52 381,923 792,721 1,380,278 11,0147,620 6,970,054 13,529,283 37,035,700 319,677" ----77,34 -25,012 145.342 Taxes (less war taxes) 830,565 6,066,179 5.794,152 21,750 25,000 152,250 160.900 4 880,885 14,736 26,000 50,703 76,012 Net after taxes.._ 490,772 356,923 640,253172T8T05-0 10,132,186 6,137,958 7.443,795 11727167M 304,934 51,344 -75,721 64,330 Net after rents 484,125 351,264 568,012 1,260,523 .6,252,657,5-,7"ff,503 3,617,989 28.726,070 38 3,60't 122,952 318,359 482,475 War taxes 101,639 4, 176,657 3,250 22,750 730,477 1,095,582 Aver. miles of r'd oper: 567 668 (See also on page 14) A 5,342 5,326 35 31 Baltimore Chesapeake 81 Atlantic New York Susquehanna & West West Jersey & Seashore -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan. 1 to July 31EARNINGS. 1918. 1917. 1918. 1918. 1917. 1917. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ $ -Freight revenue 2A15,034 229,614 1,656,423 1,499,790 107,653 95,016 417,190 405,709 368.600 214,432 1,734,848 1,511,758 Passenger revenue__ _ 63,019 53,636 336,716 61,665 344,205 53,246 216,465 185,544 851,116 784,608 3,177,229 2,721,030 Tot., incl. other rev. 344,724 316,829 2,193,415 ;,065,908 177,743 154,555 659,080 621,941 1.291,458 1,072,327 5,266,033 4,610,792 ;Expenses-M aint.way 51,317 29,939 11,536 262,644 165,461 5,025 63,266 46,076 190,871 131,184 1,196,153 834,726 Maint. of equipm't_ 53,985 32,807 37,706 344,769 227,838 39,077 159,707 118,847 141,629 113,754 918,604 687,797 Traffic expenses.. _ 1,590 2,236 15,942 1,955 14,358 1,809 9,151 9,463 9,123 11,363 59,514 77,312 Transportation exp.. 199,380 168,761 1,434.572 1,103,356 88,079 82,126 424,144 370,508 475,181 367,400 2,676,985 2,017,063 Total,incl. other.. 312,956 238,586 2,109,371 1.549,450 141,947 130,522 676,265 563.452 842,774 644,701 5,020,585 3,769.549 -Net from railroad..__.. 31,767 78,243-84,0 58795 516,458 24,032 -17,10 - 44 58,430. 448,684 427,624 2 -1448 841,243 -Taxes (less war taxes) 14,916 16,166 3,127 104,416 113,166 2,635 19.062 17,066 41,054 40,458 286,343 283.208 Net after taxes 16,839 402,695 62,076 -20.472 32,664 21,398 -3C27-4 41,421 407,624 387,1116 -41Ta86 557762:1 Net after rents 4273 59,668 20,189 4 401,170 32,035 20,279 -32,166 43,244 380:40.--3707793 -143,358 45-6-,386 . War taxes 2,250 2,193 15,893 15,352 Aver. miles of r'd oper. 135 135 87 87 359 359 Norfolk & Western Cumberland Valley Pennsylvania Sys-Western Lines -Month of July- -Jan.1 to July 31 Month of July- -Jan.1 to July 31Grand Rapids & Indiana EARNINGS. 1918. 1917. 1918. 1917. 1918. 1918. 1917. 1917. -Month of July- -Jan.1 to July 31$ s $ $ s $ $ $ 1918. 1917. 1918. 1917. Freight revenue 6,626,642 5,023,820 35,841,431 31,914,579 429,537 388,168 2,164,056 %2,242,765 474,157 341,177 2,623,052 2,466,720 Passenger revenue...... 898.941 606,336 5,271.246 3,415,411 69,489 59,064 414,853 14 389.386 198.672 182,897 914,210 870,573 Tot., incl. other rev. 7,731,012 5,821,889 42,700,440 36,623,828 524,561 466,341 2,784,518 2,755,964 733,402 576,334 3,862,489 3,648,349 Expenses-Maint.way 826,165 519,785 5,229,601 3,446,105 44,815 38,435 284,757 210,382 72,533 66,540 546,092 455,585 Maint. of equipm't_ 1,673,132 1,175,818 11,291,763 6,978,911 74,989 36,272 381.603 234,696 135,333 91,129 855,065 Traffic expenses__ _ 685,309 44,321 • 63,901 390,453 455,224 4,004 3,831 37,086 29,741 8,041 .11,084 70,819 70,194 Transportation exp.. 2,383.317 1,907,776 15,945,68711,323,376 171,591 144,117 1.098,158 866,384 288.212 252,170 1,854,746 1,711.525 1 Total,incl. other_ 5,072.174 3,770,028 33.804,076 22.893.866 304,434 233,205 1,888,660 1,411.899 526,038 443,533 3,469,551 3,061,674 Net from rallroad.._ _ _ k 2,658,834 2,051,861 8,896,364 13,729,962 2-26:a. 7 233,136" ---80-678-1 1,3.14,065 207363 11 ---01 392,937"---680767-6 Taxes (less war taxes) • 272,000 246.630 1,904,000 1,726,410 9,466 13.251 64,998 92,769 23,098 22,771 161,182 159,403 Net after taxes.. 2,384.999 1,805,084 6,983,431 12,002.513 216,120 219,884 830,19 1,251.294 i84,264. " ."" 109,801 "- 236,921 " -4 -2-07751 Net after rents a2,457,921 " 17071,557 7,735,694 13,742,009 189,771 200,84'i 670719 1,12 ,131 155-,-386' 91,694rni,62 340,151 War taxes 177,870 1,001,000 1,245,090 6: 143,000 25,975 9,381 65,992 182.824 1,673 1,277 12,029 8,944 Aver. miles of r'd oper. 2,077 2,085 163 163 569 575 EARNINGS. - SE., 1918.] 11 RAILWAY EARNINGS Pennsylvania Sys (Concluded) Pittsburgh & West Virginia St Louis & San Yam System (Coln.) Fort Worth & Rio Grande -Month of July- -Jan.1 to July 31--Pennsylvania ComPan1/ -Month of July- -Jan. 1 to July 311918. '1917. 1917. -Month of July- -Jan.1 to July 311918. 1918. 1918. 1917. 1017. 1918. $ $ 1917. $ $ 1917. 1918. 913,407 50,553 118,896 182,364 Freight revenue 49,296 354,649 302,390 7.623,186 5,110,105 34,731,927 31,473,593 • 37.277 10,927 24.476 62,890 Passenger revenue__ - 1,555,716 1,246,868 8,315,572 7,540,614 9,920 212,978 140,917 94,488 140,463 1,065,306 • 79,426 Tot.,incl. other rev. 10,094,821 7,188,124 47,838,129 43,682,559 614,563 208,590 486,617 Expenses-Maint.way 1,154,962 9,871 196,448 15,063 17,991 119,252 45,460 92,112 835,383 7,610,741 5,283,898 277,615 8,738 3,463 16,778 50,517 Maint. of equipm't 1,750,717 1,121,131 11,666,732 8,161,666 111,935 90,775 1,478 9,323 1,591 2,228 13,033 814 602,728 580,285 Traffic expenses 11,446 76,741 91,030 33,688 36.389 40,340 395,083 287,645 69,925 Transportation exp_ 3,605,541 2,803,707 23,218,985 19,631,225 236.506 60,864 88,523 57,777 985,829 565,456 182,056 460,148 Total,incl. other_ 6,806,083 5,057,606 44,643,197 35,083,691 33,621 21,649 79,477 51,940 26,534 49,106 26,468 Net from railroad__ _ _ 3,288,738 2,130,518 3,194,932 8,598,868 2,712 9,043 92,035 3,019 12,920 21,193 300,002 2,013,548 2,100,014 19,517 295,902 Taxes (less war taxes) 3 0 749 -2 _ _ 42,896 taxes_ 13,613 18,936 6,498,181 27,315 12,558 2,992,759 1,830,221 1,181,256 6,908 Net after 24,871 4,691 13,312 5,114,623 rents 45,78 -46,822 36,844 after -624,483 1,598,424 2,675,274 39,038 Net • 206,545 7,000 30 2%506 14,000 201,719 30,164 War taxes 63 235 63 235 Aver. miles of r'd oper. 1,754 1,754 St Louis-San Francisco & Texas Pittsburgh Cincinnati Chicago & St Danis Pittsburgh Shawmut & Northern Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31-EARNINGS. 1917. 1917. 1918. 1918. 1918. 1918. 1917. 1917. 1917. 1918. 1918. 1917. $ $ $ $ $ $ $ • 3 112,989 90,390 88,091 663,198 Freight revenue 726,806 73,636 6,087,239 4,536,018 31,156,666 29,827,398 698,749 449,503 5,204 17,888 5,523 37,587 Passenger revenue_ _ _ 1,902,252 1,169,157 9,794,553 7,474,990 12,048 36,977 94,118 153,480 120,788 112,182 97,617 Tot.,incl. other rev. 8,898,932 6,445,727 46,049,901 42,100,490 720 822 92,894 782,079 833,661 661,246 Expenses-Maint.way • 39,227 17,722 19;832 22,811 675,284 5,878,681 4,583,519 205,305 110,157 96,862 821,357 126,682 81,762 Maint. of equipm't_ 2,007,403 1,081,201 12,340,396 8,292,882 4,276 43,842 9,382 346,176 350,245 125,057 113,657 708,558 . 2,248 629,226 1,671 Traffic expenses.._ _ 1,874 2,145 9,502 112,193 8,883 88,973 14,218 15,418 Transportation exp.. 3,002,798 2,392,200 21,306,996 16,949,301 69,654 65.180 44.699 34,452 331,839 462.961 367,224 312,263 199,023 95,228 114,941 1,078.501 • 832,132 Total,incl. other_ 6,219,400 _2 73,961 648,363 4 157,168 41,796,258 31,881,473 610,224 16,954 Net from railroad_ _ _ _ 2,679,532 "98ft3,558 18,933 185.298 - - 4,253,642 10,219,016 -78,235 --17,324 -296,422 --111,309 51,022 1,832 1,648 1,785 12,504 239,580 1,628,544 1,677,064 1,491 12,732 Taxes (less war taxes) 243,978 11,525 10,438 15.303 --123,814 17.406 Net after taxes_ _ _ _ 2,435,453 1,748,946 2,624,039 8,541,124 -80068 --19,110 173,531 40,5 0 -Kg-61 68-,7,-PS,1:7-7,7173 -40175 1,572,972 ---7Net after rents -6,947 -14,652 "-213,792 9,182 -98,140 87,219 2,118,25-0166,187 40 187,932 98 26,847 War taxes 415 24,886 35 Aver. miles of r'd oper. 204 134 204 2,398 143 2,386 EARNINGS. 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. Ex 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 oper. EARNINGS. Freight revenue Passenger revenue.. _ _ Tot.,incl. other rev. Expenses-Maint.way Meta. 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 1'assenger 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 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. Toledo Peoria & Western St Louis Southwestern System Port Reading St Louis Southwestern -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31Month of July- -Jan.1 to July 311918. 1917. 1917. 19W. • 1918. 1918. 1917. 1918. 1918. $ 1917. $ 1918. $ $ 1917. 424.926 555,811 57,208 92,529 805,547 185,948 137,782 726,074 5,625,667 5,130,347 949,766 946.630 241,196 34,695 243,667 42,405 244,215 143,391 1,328,917 958,423 726,164 98,788 152,396 850,997 255,032 172,427 1,301,752 1,099,609 1,088,563 911,815 7,274,154 6,401,217 18,791 23,022 156,649 130.363 18,661 137,692 97,716 11,056 152,150 747,244 61,471 568,079 43,432 26,996 193,292 241,710 9,699 187,029 162,514 1,239,242 1,066,423 9,558 96,245 68,500 18,680 2,138 16,659 2,505 40 18,537 40 31,760 275 280 187,325 223,547 58,232 43,077 425,198 292,577 120,679 294,687 83,840 235,325 2,188,053 1,545,878 738,243 635,441 877,925 96,036 132,795 668,105 150,470 675.225 106,634 555,066 4,624,509 3,605,560 994,260 771,456 277-611 --2k,92Y 19,00 58,058 104,561 413,338 ' . ----6-577 -6 -3 356,749 2,649,645 2,795,657' 307,492 328,153 10,914 8,000 53,000 67,299 7,666 43,644 10,500 58,912 67,666 285,322 72.500 280,450 8,6813 -5,24A -94,227 5,05g 369,693 96,894 55,293 297,786 , 2,363,380 2,514,816 239,825 255. l 29,877 -754'8 ---2n13-8 137,233' ---787160 447,975 16,324 316,412 2,460,242 2,780,624 51,029 -4-8,616 388 388 . 39,488 2,722 2,722 247 247 (See also on page 14) 21 943 968 21 St Louis Southwestern By of Texas Peoria & Pekin Union Richmond- Washington System -Month of July- -Jan.1 to July 31- Richmond Fredericksburg & Potomac -Month of July- -Jan.1 to July 311918. 1917. -Month of June- -Jan. 1 to June 301917. 1918. 1918. 1917. 1918. 1917. $ $ $ $ 1918. 1917. $ 1917. 1918. $ $ S 14,461 99,573 28,863 14,504 302,098 387,144 248,118 1,162,655 1,235,659 316,486 2,566,054 2.114,301 7,476 5,097 40,542 43,584 286,685 285,842 100.958 1,043,484 134,875 1,389,217 859.703 592.502 695,922 112,574 105,006 725,882 642,089 687,545 430,967 2,844,885 2,374,740 449,888 3,846,319 2,933,035 76,847 13,671 34,941 10,105 86,815 171,081 65,214 30,298 160,890 804,408 192,640 483,383 98,907 20,696 68,473 15,978 135,745 141,363 46,708 117,787 337.346 242,962 896,231 769,845 274 70 49 246 8,509 10,411 16,312 3,170 25,790 87,747 23,034 103,997 71,187 58,077 430,724 291,049 538,287 243,052 132,056 1,128,383 177.845 1,841,015 1,250,050 787,311 • 109,480 630,036 87,408 424,896 788,74, 588,750 224,589 1,741,139 1,323.934 398,113 3,801,100 2,751,903 3,093 217,191 17,598 65,885 62,863 98,795 51,774 206,37 45,218 181,132 1,161.74g 753r806 9,500 8,500 ... 66,269, 56,000 13,693 19,506 18,410 13,686 80,729 136,693 77,875 127,844 -6,406 9.097 -129,133 9,884 79,274 33,292 -91,741 17607.73 97,819 53,012 9,408 -17M -8,363 25,358 123,889 -70 147,941 81,807 172,789 149,208 865. 6 425,736 13,524 230 2,465 97,395 3,476 19 814 19 87 810 87 Pere Marquette Washington Southern San Antonio & Aransas Pass -Month of July- -Jan.I to July 31-- -Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 311918. 1917. 1917. 1918. 1918. 1918. • 1917. 1917. 1918. 1918. 1917. 1917. $ $ $ $ $ 1,959,163 1,235,065 11,371,695 9,484,844 208,271 87,266 '?1,743 498,916 227,578 1,433,676 1,446,871 481,514 482,891 441,943 2,126,851 2,366,491 124,553 162,625 83,361 1,047,000 90,341 594,404 505,612 628,357 2,673,971 1,902,562 14,867,616 13,315,650 353,149 314,676 340,737 2,261,958 2,118,095 212,055 1,896,282 1,398,028 322,076 232,518 2,098,256 1,348.773 59,446 24,039 12,239 53,087 129,083 396,782 436,512 90,665 466,848 245,392 2,871,998 2,262,749 25,277 102,238 17,477 54,689 205,239 568,969 374,957 138,970 34,969 39,296 265,707 5,355 229,786 1,273 1,279 7,213 11,114 48,953 10,419 49,829 984,724 745,045 6,752,214 5,758,107 158,690 66,123 137,700 173,542 1,259,172 1,079,515 690,067 450,293 1,871,136 1,325.473 12,411,784 10 020,664 341,078 196,592 303,314 2,387.400 2,036,107 102,323 1,085,217 729.902 802,835 577,088 2,455,831 3,294,986 12-A71 3T423 -1257442 118,084 109,731 811,065 81,988 668,125 55.149 50,633 318,276 15,000. 399,221 6,311 15,000 7,984 105,000 42,938 105,000 44,172 747,521 526,444 2,055,637 2,973,162 -2.928 22,406 111.773 -231,704 101.747 768.095 -23,510 623,929 627,168 25,741393,414 11,548,855 1,595,064 15,559 -151,857 55,913 86,03 85,489 617,464 516,435 2,856 41,430 706 1,697 47,224 2,233 732 2,248 732 35 35 Philadelphia & Reading Rutland Seaboard Air Line Pittsburgh & Shawmut St Louis & Mtn Francisco System South Buffalo -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July --Jan.1 to July 311918. 1917. 1917. 1918. 1918. 1918. 1917. 1917. 1918. 1917. 1918. 1917. $ S $ $ $ $ $ 7,03,746 4,647,475 36,885,943 31,322,026 221,077 197,888 1,499,866 .1,394,285 1,732,785 1.401,380 12,072,127 11,642,424 760,119 687,636 4,601,074 4,257,267 115,209 514,227 6.964,720 3,791,245 113,885 614,676 686,718 1,466,974 8,836,862 5,692,192 44,409,406 38,046,834 396,405 375,835 2,496,163 2,439.775 3,470,524 2,117,441 20,908,487 17,153,761 545,609 317,682 3,858,656 2,244,673 455,792 284,724 2,410,095 1,881,101 63,979 44,290 396,486 309,848 1,390,225 1,121,710 9,621,808 6,751,360 665,351 402,782 4,318,645 2.765,762 75,181 43,683 508,420 396,689 30,619 59,078 308,026 353,071 57,358 68,604 8,217 485,499 550,482 10,620 68,145 67,846 3,053,430 2,286,682 21,361,776 15,713,272 836,933 9,236,148 6,288,404 172,241 148,329 1,343.010 1,026,809 1,329,040 5,138,757 3.892.694 36,025,100 25,781,764 256 536 2,385,064 1 865 800 2,609.813 1.675,674 17,216,119 12,066,896 329,510 3,698,10g 1,7-99,498 Th7 - 84We 12,265,069 860,7T1 441,766 3,692,367 5,086,864 667894 11 ,2 9 111,098 573,06 102,250 139.012 957,573 118,210 724,589 112,500 859,697 17,458 767.489 17,879 124,034 125,735 3,595.83g 174 0,435 -7760-76-53 11,306,622 739,509 327,818 -278237785 4,313,258 49,436 101,271 -12.960 448,081 3,9:32,498 1,250,968 5,291,738 "8,544,5.34 3 -57 ,58 5 2,32170-58 3,994,505 70,322 114,347 61, 87 549,762 74-1,082 33,333 40,250 1,444 281,716 233,333 10.113 10 4,514 1,126. 1,127 3,561 3.461 415 468 -Month of July- -Jan.1 to July 31- . -Month of July- -Jan.1 to July 31St Louis-San Francisco 1918. 1917. -Month of July- -Jan.1 to July 311918. 1918. 1917. 1917. 1917. 1918. $ $S 1918. $ 1917. $ • 1918. 1917. 130,566 94,213 71/7,767 50,685 45,913 622,300 4,121,488 3,170,153 23,064,195 21,884,778 337,561 309,918 4,112 4.304 27,209 26.045 2,093,217 1,368,216 11,358,823 7,868,371 136,094 100.622 139.683 753,925 657,245 6,510,177 4,855,412 36,671,345 31.462,677 900,110 750,194 88,055 29,413 18,880 174.905 110,684 22,375 97,126 751,009 9.968 71,945 569,716 5,481,574 3,713,591 34,011 23,381 186,670 140,489 1,070,425 15,040 745,907 7,938,874 5,178,159 107,222 13,020 86,385 1,119 894 8,316 7,663 43,622 61,122 156 1,247 259 2,435 373,001 460,305 44,579 27,318 199,613 2,161,787 1,553,533 14,860,696 10.593,093 303,253 48,059 67,892 431,271 333,372 111,649 73,145 6954)12 483,453 4,178,304 3,029,819 29,693,605 20,690,120 106,978 75,180 507,076 649.501 24,44g 27,477 58,013 173,791 r2,11132,705 ,872 1, 25,01 .-6.-;977,739 10,772,556 • 12,874 243,117 250,608 3,846 716 24,173 9,763 1,400 215,617 204,149 1,614.878 1,332,243 3,100 9,800 21,700 20,59g. ----`2F-73, 60 33,840 9,774 164,028 2,115,547 fT62CK7-8-6 5,154,275 9,430,628 31,305 240,808 221.417 51,589 51,963 185,556 353,881 270-4-3-4.4 FAM1 4,959,76i -5,856 8,074 134,299 93,507 ' ,917 232 18,402 100 119,792 700 94 94 36 35 4,761 4,761 12 RAILWAY EARNINGS Southern Railway System Southern Pacific System (Cond.) [VOL. 107. Spokane Portland & Seattle Southern Railway Galveston Harrisburg & San Antonio -Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 31- -Month of July- -Jan. 1 to July 311918. 1918. 1917. 1917. ' 1918. 1917. 1918. 1917 1918. 1918. 1917. 1917. $ I. $ 3 Freight revenue 7,255,092 4,761,895 38.550,003 32,904,394 1,288,303 1,082,433 8,228,007 7,795,344 491,202 410.500 3,078,608 2,590,548 Passenger revenue_ _ 4,312,543 1,858,485 22,337,233 11,303,274 437,647 298,349 2,818,780 2,536,279 202,753 188,063 1.174,965 911,913 Tot., incl. other rev. 12,362,232 7,269,592 66,496,843 48,724,147 1,826,767 1,453,230 11,767.439 10,915,349 738,963 649,712 4,544,909 3,765,976 Expenses-Maint.way 1,197.782 919,610 7,333,207 5,386,653 202,589 196,743 1,418,128 1,376,675 86,635 , 72,168 496,199 436,026 Maint. of equipm't _ 1,967,554 1,245,027 11,529,161 8,049,687 225.668 175,445 1,579,681 1,434,476 64,546 44,926 414,679 303,979 Traffic expenses_ _ _ 128,052 155,941 958,926 1,183,149 17,183 30,553 194.572 5,094 234,502 9,742 43,740 55,495 Transportation exp.. 4,151,225 2,493,643 26,150,889 16,908,352 543,841 483,131 4,507,420 3.562,363 214,186 153,069 1,404,808 858,855 Total,incl. other.. 7,708,575 5,003,977 47,871,848 32,946,570 1,058,533 927,580 8,087,448 6.919,517 393,944 296,976 2,524,146 1,777,854 Net from railroad__ -- 4,653,657 2,265,615 18,624,995 15,777,577 768,234 525780 3,679,990 '3.995,831 345,048 3711 2,020,763 1,088,122 Taxes (less war taxes) 295,093 289,256 2,179,282 1,964,534 56,740 52,048 397,745 380,069 77,700 58.300 521,100 406,390 Net after taxes_ __ - 4,357,159 1,975,183 16,415,531 13,791,857 711,208 472,798 3,2T3(Orl) 3,609,029 267,311 294,3-61 1,4I012 -175ST,T81 Net after rents 4,118,183 2,005,485 15,126,546 13,530,217 780,466 413,853 2,926,042 3,206,075 295,268 292,675 1,581,09O ,574730 War taxes 93,000 ,2,500 233,000 17,500 492 554 Aver. miles of r'd oper. 6,982 6,982 1,360 1,360 554 $54 Alabama Great Southern Houston & Texas Central Staten Island Rapid Transit -Month of July- -Jan. 1 to July 31- -Month of July Jan. 1 to July 31- -Month of July- -Jan.1 to July 31EARNINGS. 1918. 1917. 1918. 1918. 1917. 1917. 1918. 1918. 1917. 1917. 1917. 1918. $ $ i $ $ $ $ $ 3 $ Freight revenue 587,046 412,012 3,190,925 2,718,241 490.430 410,728 3,343,544 2,960,431 59,811 84,285 420,167 388,338 Passenger revenue.._ _ 213,647 145,646 1,258,008 .860,641 199,688 141,363 1,198,939 899,793 105,587 85,871 400,145 449,012 Tot., incl. other rev. 847,476 605,747 4,751,922 3,886,610 732,137 594,720 4,868,104 4,192,430 216,964 159,631 865,995 980,091 Expenses--Maint.way 61,247 49,524 380,939 102,121 435,253 85,863 714,849 590,862 35,292 15,016 119,919 179,889 Maint. of equipm't_ 191,527 115,525 1,082,104 812,168 83,716 63,721 586,013 652,311 24,424 11,488 100,361 140,704 Traffic expenses.. _ _ 12,791 14.957 93,123 116,582 8,44)9 17,365 89,179 123,719 1,807 968 9,851 7.965 Transportation exp.. 297,826 191,047 1,813,427 1,179,311 279,389 203,738 2,037,476 1,380,990 125,322 63,420 519,460 401,911 Total,, incl• other.. 579,808 385.226 3,495,632 2,638,508 490,338 387,995 3,562,431 2,803,314 193,788 902,974 95,723 661,876 Net from rallroad..__ _ 267,667 220,526 1,20M)) 1,248-,161 241,798 ---N1T:7-2 1,305,673' 1,389,116 23,175 63,908 77.116 204,119 Taxes (less war taxes) 21,269 19,016 147,641 142,087 35,839 33,253 251,629 229,807 14,000 9.000 68,Q0, 51,000 Net aft,-A• taxes.. _ _ _ 245,W7 201,459 1,106,519 1,105,757 205,880 173.192 1.052,205 1,156.678 9,172 54,90 9,095 1E376;3-ii Net after rents 246,3A 238,345 1ST5 1,406,663 253,110 174,757 1.7)42,815 1,21-0718 --3 9,092 46,881 -36,948 101,930 War taxes 16,500 24,500 4,000 28,000 Aver. miles of r'd oper. 312 312 948 941 23 23 • Georgia Southern & Florida Houston East & West Texas • Tennessee Central -Month of July- -Jan.Ito July 31- -month of July Jan. 1 to July 31- -Month of July- -Jan.1 to July 31EARNINGS. 1918. 191,. 1917. 1918. 19ie. 1917. 1918. 1917. 1918. 1918. 1917. 1917. $ $ i $ 3 $ $ $ $ Freight revenue 163,076 121,333 1,173,029 919,667 86.399 94,121 780,797 741,685 91,557 174,106 974,500 698,204 Passenger revenue_ _ _ 96,871 69,797 609.527 456,637 44,653 38,661 270,345 215,511 118,284 39,471 496,187 223 777 Tot.. incl. other rev. 290,025 213,408 1,974 822 1,573,722 138,557 141,240 1,114,754 1,025,973 304,116 138,757 1,540.463 993,164 Expenses-M aln t way 42.129 33,152 277,262 222,972 24,323 32,325 170,261 134,261 69,535 22,525 162,262 307,050 Maint. of equipm't_ 77,449 56,132 442,087 364,971 16,087 16,018 112,611 120,827 49,060 282,008 27,690 162,766 Traffic expenses_ .. _ 949 6,290 36,922 51,440 1,533 2,320 13,803 15,839 4,754 1,026 23.385 34,197 Transportation exp.. 123,493 76,867 864,201 582,710 53.949 43,037 503,581 328,134 95,709 51,248 659,867 369,791 Total,incl. other.. 254,750 181,178 1,702,241 1,292,979 98,865 96.670 824,387 ,625,258 220,193 112.772 1,326,795 779,987 Net from railroad...... 32,226 35:274 272,581 280,143 39,685 44,569 ---2-90,367 400,715 =- 213,668 25,981' 83,922 213-,T7i Taxes (less war taxes) 13,168 16,541 95,670 86,698 6.427 5,449 45,056 41,884 5,447 4,800 37,757 23.600 taxes......_ Net after 22,051 15,317 176,259 192,901 33,245 39.084 358,042 245.016 21,165 170,542 78--,-471 171790 Net after rents 17,568 41,039 243,37-3 338671 39,498 31E481 216,223 330755 f37,41 731 28,599 [KM War taxes 563 4,463 1,200 700 8,400 4,900 2 242 Aver. miles of r'd oper. 402 402 190 190 293 294 Mobile & Ohio Louisiana Western Terminal RR Assoen of St Louis -Month of July- -Jan.1 to July 31- -Month of July- -Jan. 1 to July 31- Terminal Railroad Association of St Louis EARNINGS. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. -Month of July Jan. 1 to July 31$ $ $ $ $ $ $ $ 1917. 1918. 1918. 1917. Freight revenue 1,090,611 956,809 6,514,096 6,530,238 259,300 175,319 1,535,834 1,304,692 Passenger revenue 194,496 127.893 1.062,053 832,302 119,372 69,835 691,734 _ 494,498 2,195 4,027 20,831 4,993 other rev. Tot., incl. 1,353,269 1,148,903 8,038,855 7,791,188 397.521 260,153 2,412,200 1,914.154 332.766 2,062,251 2,242,843 316.852 Expenses-Maint.way 172,281 125,317 1,047,657 824.417 28.525 • 21,814 199,680 166,761 51 795 43,331 381,551 249,059 Maint. of equipm't_ 341,326 289,229 2,253,601 1,763,577 39,306 30,331 275,145 231,758 26,156 47,579 257,600 133,070 Traffic expenses...... 29,562 36,805 240.840 264,079 5,301 7,522 45.461 55,200 909 6,104 990 7,017 -Transportation exp.. 570,429 412,881 3.827,418 2,651,338 97,306 57,529 635,971 431,659 95,772 1,046,509 135.880 672.015 Total,incl. other_ 1,147.656 896,782 7,617,225 5,734,486 181,788 126.271 1,241,319 950,536 236.321 181.539 1.749,797 1,116,184 Net from railroad_ __ _ 205,612 252,121 421,630 2,056.703 215,733 133,881 1,170.881 9637611 80630 TH221 312,453 Taxes (less war taxes) 43,376 40,700 327,420 303,862 13,363 18,593 93.580 127,993 36,583 209,406 31,824 210,819 Net after taxes_ _ _ _ ---F62.113 210,482 92,198 1.7567835 202,151 114,863 1,076,498 834,720 43.947" ---109,401 .--T02761-4 91&8-fr Net after rents 99,692 211,154 4907204 2,096,999 221,786 121,891 1,079,623 874,641 177,1 --) 9977173 84 2 W. 1,645,19d 2 1 6 War taxes 10,134 26,068 30,434 6,359 44,763 2,842 1,366 13,259 19,897 Aver. miles of r'd oper. 1,162 1,160 207 207 36 36 Southern By in Mississippi Morgan's Louisiana & Texas BR & SS St Louis Merchants Bridge & Terminal -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31EARNINGS. 1918. 1917. 1918. 1917. 1918. 1917. 1918. 1917. 1917. 1918. 1918. 1917. $ $ $ $ i $ $ $ $ $ Freight revenue 59,325 61,307 404,019 407,833 488,662 357.847 3,148.353 2,631,172 Passenger revenue-39,122 28,433 192,748 264,453 175,953 106,123 1,056,257 787,123 439 374 3,672 2,945 Tot., incl. other rev. 107.459 99,198 730,759 663,276 703,375 497,431 4,499,629 3,665,564 251,624 1,042,048 1,744,366 334,075 Expenses-Maint.way 31,283 23,592 165,681 142.33k 69,309 54,397 485,167 381,678 40,799 285,751 29,280 206,459 equipm't_ Maint. of 12.793 8,748 83,273 58,453 75,763 N83,267 530,346 546,611 18,436 44,695 N 216,206 99,475 Traffic expenses 1,969 2,615 16.933 15,126 7.035 11,378 64.005 5,962 83,673 921 6,624 865 Transportation exp.. 58,975 41,905 404,699 293,896 230,338 143,718 1,628,554 1.059.615 131,776 1.337,674 179,264 905.496 Total,incl. other_ 110,329 79,972 540,094 704,576 399,742 307,832 2,837.873 2,175,155 188.678 1,890,534 1,273,118 273,718 Not from railroad_ .. _ _ -2,869 19,225 26,182 123,181 303,631-- 189,5 --1,0-0-1:755 1,490709 60,356'82.946' 51,514 471,241 Taxes (less war taxes) 9,000 9,183 63,000 67,482 25,910 32.040 185.711 221,826 8.159 6.992 49,133 56,925 Net after taxes........ -11,869 10,015 36,82-8 55,528 277,536 157016 1,474,168 1.265.804 --OTTO -5.46855,954 40:0-g4 Net after rents -13,101 -5,699 53 132,751 ,g5 --304T7713 160 4 -- 1-0 1,46T,560 1,312,635 --4-3-a7A 23,943 -10247 -- 2 -775 War taxes 367 3,761 2,560 19,683 500 524 1,787 3,671 Aver. miles of r'd oper. 278 278 400 400 9 9 EARNINGS. Southern Pacific System Texas & New Orleans Iremis 85 Pacific Southern Pacific -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31-Month of July- -Jan.1 to July 311917. 1918. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. $ $ $ 3 $ ,$ . 3 $ Freight revenue 9.094.386 7,285,028 51,763.984 47.350,646 448,206 . 347,695 2,808,383 2,430,183 1,418,678 1,11 1,771 8,861,352 8,173,150 Passenger revenue 3.606,388 2.860,666 21.888.857 17,868,512 170,352 114,454 1,034.330 768,421 465,419 4,096,121 3,205,613 728,773 Tot., incl. other rev. 14.064,271 11,165,053 80,964,418 71,703,996 663,607 507,095 4,190.810 3,487,674 2,266,303 1,692.333 13,915,573 12,235,568 Expenses-Maint.way 1,489,495 865.431 10,426,470 7.479.865 72,520 48.814 507,645 329,769 293,871 174.767 1,889,201 1.344,752 Maint. of equipm't_ 2,104.166 1,342.995 14,729,166 9,655,197 91,423 55.602 639,967 538,789 344,162 255,158 2,383,544 1,561,516 Traffic expenses.._ 116.836 153,960 952,844 1,122.880 7,821 4.673 46,404 61,992 19,726 42,209 197,496 282,449 Transportation exp_ 4.892,729 3.658,276 33,972,158 23.657,376 220,086 135.220 1,567,759 1,075.906 682,981 6.025,932 5,050,222 858,418 Total,incl. other.. 9,109,824 6,430.557 63,355,796 44,699,124 411,440 269,251 2,967,189 2,162,219 1,586,939 1,223,792 11.052,215 8,705,841 Net from 4.954,447 4,734,49g 17,608,621 27,004.871 252,16 237.84A • 1,223,621 1,325.4.35 468.541 6 9,:iM W83,3i 3.52o, 6 Taxes (less war taxes) 539,025 524.714 3,529,136 3,487,209 21.887 21,570 155,370 86,950 151,081 100.000 590,000 608.650 Net after taxes_ __ _ 4,405,920 4.208,875 14,058,074 237501137 23W,NY'4 216.03S 1,066.570 1,1727319 590-,-M -367,8 7 2.250.231 -U13, 86 Net after rents 4,640,959 4,1-7 14,404,931' 23,801,201 252,67k211,55 1,014,162 17149,361 599,381 3721091 2,045,777, -2,642,M War taxes 59,344 415,413 600 4,200 Aver. miles of r'd oper. 7,102 7,103 469 468 1,946 1,946 Arizona Eastern •Spokane International Toledo St Louis & Western -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31EARNINGS. 1918. 1917. 1917. 1918. 1918. 1918. 1917. 1917. 1917. 1918. 1918. 1917. $ $ $ $ i3 I Freight revenue 341,814 240,856 2,091,408 2,123,558 79,313 64,228 448,767 576,440 385,652 5'?7,910 3,527,815 3,071,511 Passenger revenue 36,683 53,899 327,056 369,448 12,813 13,371 95,780 100,359 180,237 36,303 487.279 221,330 Tot.. incl. other rev. 398,827 321,886 2,578,392 2,674,056 95,869 80.656 564,178 503.543 644,542 4,346,837 3,935,825 783,920 Expensw-Maint.way 110.574 35,160 470.569 304,645 13,628 16,894 92.984 115.177 87,380 135,470 736,107 619,450 Maint. of equipm't_ 95,052 36,821 366,902 245,034 8.086 5,216 54,008 39,094 117,022 66,815 817,392 587,319 expenses...... Traffic 2,222 2,617 17,856 18,891 1,257 1.566 10.469 14,295 17,737 6.437 92,443 125.697 Transportation exp.. 102,045 72..892 646,738 558,706 27,934 24.568 188,915 166.116 263,663 219,583 1,746,088 1,411,748 Total, incl. other.. 335,416. 171,635 1,663,088 1,377,841 54,866 52.329 374,355 360,418 534,780 400,296 :1,460,916 2,808,210 Net from railroad........ 63,411 1g6TW) . 915,303 1,396,214 4T,-001 2873-2-7 189.822 1 3, 244,245 249,1111 876,020 1,127,62 Taxes (less war taxes) 17,380 15.179 117,928 112,920 3,304 3.072 22,702 21,093 10,000 20,000 147,200 137,000 Net after taxes........ 47,955 132.773 796,519 1,282.69$ 37,695 25.255 107078 121.427 230 131 224.197 729,712, 989 81 Net after rents 50,311 122,017 1462 1,207,975 3-3-,TIA 20.06 139.8 • 95,125 135,52/ 475,853 183,45/ 655,722 War taxes 1,700 4,400 11,900 30,800 208 1,111 Aver, miles of r'd oper. 377 377 165 163 454 454 EARNINGS. SEPT., 1918.] 13 RAILWAY EARNINGS Ulster & Delaware Union Int (of Pennsylvania) -Month of July-- -Jan.1 to July 31- -Month of 1918. 1918. 1917. 1918. 1917. $ Freight revenue 344.237 266,765 85,386 43,286 Passenger revenue- _ 157,824 29,815 66,047 103,115 657,895 Tot., incl. other rev. 550,504 556,115 126,245 124,866 88,928 Expenses-Maint.way 85,740 39,383 14,766 -13,645 156,114 Maint. of equipm't_ 87,832 77,906 13,652 11,738 Cr112 Traffic expenses_ _ _ 9,167 14,805 1,270 3,152 276,745 Transportation exp _ 261,292 346,138 66,597 52.444 524,256 Total, incl. other_ 426,592 563,117 60,334 102,093 133,639 Net from railroad_ 3T,T5-2 64,632 -12,613 „, 129,523 8,075 Taxes (less war taxes) 28,000 32,200 4,000 4,600 125,565 Net after taxes_ _ _ _ 101,628 29,552 6 ,532 -44,872 2677011 Net after rents 85,336 30-,"878 -39,5804 5' -1,374 War taxes 1,400 200 35 Aver. miles of r'd oper. 128 128 EARNINGS. Union Pacific System w,,psuk-R.-.0 Union Pacific Western Maryland June- -Jan. 1 to June 30- -Month of July- -Jan.1 to July 311918. 1917. 1917. 1917. 1918. 1917. • 1918. $ $ $ $ $ $ 1,234,446 1,032,226 7,002,157 6,445,790 579,546 557,684 106,324 108,575 596,691 2.849,609 2,634,851 1,415,523 1,208.981 8,046,491 7,527,939 52,280 339.754 255,133 845,338 133,004 1,211,750 189,576 878,244 170,887 1,000,756 394,293 '238,443 2,253,125 1,459,006 126 760 1,306 163,086 154,241 32,302 13.683 237,427 1,687,265 1,399,008 371,040 3,973,974 2,676,705 567,957 466,272 3,061,706 2,566,853 1,207,654 814,184 7,898,072 5,413,351 130,419 -212,097 67,998 148,418 2,114,588 394,796 207,869 13,335 50,012 35,966 255,500 302,400 36,500 43,200 117,084 -248,064 17.985 1,859.088 -153,981 164,669 358,296 359,518 173,139. 0,343 90,620 2,126,479 159,223 388,978 47,600 6,800 31 707 697 Utah Western Pacific -Month of July- -Jan.1 to July81- -Month of July- -Jan.1 to July 311917. 1918. 1918. 1917. 1918. 1917. 1918. 1917. -Month of July- -Jan.1 to July 31$ 8 $ S $ 1917. S 1918. 1917. 1918. Freight revenue 5,303 4,23 723,185 127,445 4,95'7,839 853,649 641,887 34,626,659 29,203,387 4,653,974 Passenger revenue_ _ _ 6,398,912 787,758 4,285 695 143,712 779,637 140,308 1,729,549 1,203,431 9,647,939 6,945,826 Tot., incl. other rev. /8,732,058 6,439,189 48,760,658 40,267,760 731,302 129,024 820,588 6,024,794 5,267,668 1,042,517 Expenses-MaInt.way Was 832,472 Was 60,580 11,205 139,818 1,010,251 162,415 735,213 5,522,163 5,229,843 812,234 Maint. of equipm't_ 1,107,892 lessor 519,413 lessor 799,152 15,249 78,494 85,924 119,526 771,504 7,916,857 5,222,089 Traffic exnenses_ 147,364 company 1,202 company 127,385 151 17,056 25,667 522,241 820,262 115,913 49,164 Transportation exp. 153,759 .23,131 279,703 242,962 1,980,917 1,541,999 2,069,405 1,850,615 14,711,179 11,863,345 • Total,incl. other_ 4,412,351 3,729,380 31,195,609 24,955,732 343,089 525,757 4,158,180 .3.232,616 617,241 55,799 Net from railroad_ _ _ _ 4,319,706 2,709,808 17,565,048 15,312.027 388,213 73,224 425,275 294,830 1,866,614 2,035,051 Taxes (loss war taxes) 276,914 336,856 27,251 39,096 7,289 40,208 266,600 1,985,494 1,927,547 253,642 Net after taxes_ _ _ _ 360,961 255,724 1,528.17:3 1,758,023 65,934 385.012 4,065,649 2,442,485 15,577,082 13,381,895 rents after Net 281,939 415,417 259,728 1.575,811 1,651,069 57,103 3,424,087 4,359.669 2,411,799 16,109,451 17 War taxes 120 103,097 1 109,904 564,802 581,520 80,686 Aver. miles of r'd over. 957 1,022 3,622 98 3,630 Oregon Short Line Vicksburg Shreveport & Pacific - Western Ry. of 'Alabama -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31EARNINGS. 1917. 1917. 1918. 1918. 1917. 1918. 1917. 1917. 1918. 1918. 1917. 1918. 'S S $ $ S $ $ $ $ $ $ Freight revenue 477,622 691,870 731,704 64,649 803,207 121,262 88.855 7,302 4 2,18 1,732,125 124,798 13,212,317 12,556,331 _ revenue__ Passenger 299,657 473.763 40,039 46,259 416,983 \ 299,979 503,807 531,989 3,471,845 3,073,540 71,120 1 47,018 Tot., incl. other rev. 871,715 127,365 1,319,204 149,872 1,397,183 1,128,954 183,718 225,674 Expenses-Maint.way 2,873,404 2,469,824 18,028,711 16,947,199 107,425 118,653 165,501 163,081 21,481 16,832 16,125 27,452 344,516 310,538 2,548,699, 1,943,599 Maint. of equipm't_ 182,488 '209,794 251,283 274,514 29,513 27,487 40,642 49,464 377,410 269,623 2,559,965 1,871,103 expenses_ Traffic 45,130 34,112 32,394 37,991 3,803 5,024 5,390 17,626 4,066 33,822 172,632 254,960 .. Transportation exp. 284,209 359,920 459,451 523,169 69,831 39,117 46.801 81,690 792,866 621,731 5,410,955 4,478,202 Total,in other. 1,662,783 1,363,598 11,626,463 667,268 971.738 771,857 97,345 1,079,169 103,223 144,865 174.376 9,377,900 Netfrom railroad_ __ _ 1,210,620 204,446 357,096 344,465 318,013 30,020 46,649 38,852 51,298 1,106,225 6,402,247 7,569,299 Taxes (less wa: taxes) 42.791 73,771 49,000 68.040 11,172 7,000 6,150 9,416 151,754 1,104,278 1,050,832 143,410 Net after taxes_ __ 161.633 298,380 282,828 23,870 35,476 249.704 31.823 41,880 962,638 . 5,296,744 6,516,102 1,058,783 Net after rents 205,859 328,223 290,629 29,474 271,443 45,891 31,535 49,102 965,614 5,564,015 6,673,479 1,122,361) War taxes 21,744 8,687 692 21,744 1,241 833 171,500 223,211 24,500 44,642 Aver. no.es of r'd oper. 133 171 133 171 2,306 2,328 Oregon Washington Itit & Navigation Wheeling & Lake Brie Virginisin -Month of July- -Jan. 1 to July 31- ---,--Month of July- -Jan.1 to July 31- -Month of July- -Jan.1 to July 31EARNINGS. 1917. 1917. 1918. 1918. 1917. 1917. 1918 1917. 1918. 1918. 1917. 1918. $ $ $ $ $ $ $ Ai $ $ $ $ Freight revenue 945,615 6.271.527 4,925,805 793,646 5,481,396 5,352,235 1,396,456 Passenger revenue__ _ 1,616,824 1,175,910 9,019,861 8,385,271 1,040,010 370,758 285,700 254.959 342.471 57,425 2,812,343 56,924 3,606,956 48,856 486,259 63,338 542,742 Tot., incl. other rev. 903,462 6,242,708 5,964,141 1.559,023 1,100,618 7,091,763 5,802.447 Expenses-M aint.way 2,330,269 1,813,783 13,959,017 12,238,024 1,175,052 736,602 451,284 694,074 143,259 1,083,010 67,033 209,762 142,489 279,017 2,165,381 1,803,711 296,690 Maint. of equipm't_ 909,874 869,647 170,825 1,549,171 232,798 215,749 118,927 1,227,357 _ 200,285 1,749.900 1,275,963 255,529 Traffic 57,633 41,025 55..825 44,806 8,231 6.628 6,058 320,935 44,357 7,288 240,592 exp. expenses_27,014 Transportation 354,916 3,009,393 2,091,156 480,671 216,427 2,619,763 1,620.172 596,651 5,585,628 3,974,118 :392,765 883,456 Total, incl. other. 3.944,323 5,872,600 3.204,863 700,859 4,678,942 957,478 442,558 8,074,066 1,217,967 762.390 10,594,259 1,584,662 Net from railroad__ _ _ 399,758 1,219,162 1,858,123 601,545 460,905 1,563,765 2,759,277 595,816 3,364,757 4,163,958 412,661 745,606 Taxes (less war taxes) 308,293 258,000 356.016 47,934 282.530 55,300 864,262 39,000 37,300 99,600 121,009 693,218 Net after taxes.. _ _ _ 862,545 1.549.820 2,501,251 1.281,211 351.824 546,188 375,361 421,902 2,499,565 3,470,046 496,174 624,548 Net after rents 928,732 320,491 261,030 416,702 447,471 1,166,142 2.696,954 333,711 604,609 443,411 2,264,622 3.199.796 War taxes 67,470 1,835 12,845 7,700 25,254 5,050 Aver. miles of r'd oper. 512 511 512 2,065 518 2,052 . EARNINGS. Total Company Wichita Falls & northwestern Wabash -Month of July- -Jan. 1 to July 3E- -Month of July- --Jan.]. to July 31- -Month of July- -Jan.1 to July 311917. 1917. 1918. 1918. 1917. 1918. 1917. 1917. 1918. 1918. 1918. 1917. $ $ $ $ $ $$ Freight revenue 334,150 365,300 47,407 45,131 Passenger revenue.._ 10,203,038 7,562,009 56,858,837 50,144,989 :1,416,798. 2,364,819 17,450,435 16,584,290 166,253 164.779 25,452 27,167 687,716 5,285,578 4.108,627 Tot., incl. other rev. 2,776,098 2,221,679 16,726,740 12,831,709 1,071,135 548,882 581,126 76,908 81,395 Expenses-Maint.way 13,935,731 10,722,796 80,748,386 69,452,983 4,781,052 3,370,503 24,641,082 22,653.640 170,117 13,563 188,935 32,056 311,533 3,008,516 2,175.894 471,311 Maint. of equipm't_ 1,453,440 1,324,768 10,236,243 8,977,153 88,403 151,382 28,251 11,551 458,312 4,589,289 2,981.961 703,441 Traffic expenses_ _ _ 1,740,831 1,241,412 12,226,722 8,369,155 638,735 13,018 976 452.292 1,600 10,091 935,465 1.396,157 79,698 93,804 194,092 48,938 Transportation exp. 278,251 37,770 345,684 47,668 Total,incl. other_ 3,745,727 3,068,997 25,707,752 20,215,665 1,827,263 1,367,789 12,313,065 9.391,879 15,832.569 734,048 586,260 69.171 114,263 7,659,796 6,310,945 53,416,331 42,407,698 3,169,330 2,309,442 21,128,555 Net from railroad -5,133 12,223 -185,166 -37,354 --o-vi 27,045,284 1,621,721 1,061,060 3,512,527 6,821,071 Taxes (less war (axes) 6.275,9 2 4,411,849 7,337,332,052 726.595 778.198 62.035 52,002 8,862 7,391 3,954,034 108,381 526.405 509,610 110,612 3,661,597 _ __ taxes_ Net after 4.751 -247,245 --57.692 "048,90"73-32- 01721J1 MIT3*1 23,368,043 1,510,9,12 951,086 2,732,980 6,091,575 -46.216 Net after rents 812,463 3.852,239 -46,599 4,350 -285,568 -58,634 -0-.08C038 3:820,824 23,038,088 685,390 1,238,360 War taxes 50,165 60 107,021 749,147 829,985 794 69,596 Aver. miles of r'd oper. 8,023 328 328 7,980 2,519 2,519 St Joseph & Grand Island Yazoo & Mississippi Valley EARNINGS. Jan. 1 to July:31-Month of July -Month of July- -Jan.1 to July 31 1917. 1918. 1918. 1918. 1917. 1917. ' 1917. 1918. S $ Freight revenue $ 6,593 8,809,052 7,345,828 Passenger revenue_ _ _ 184,877 138,044 1,226,169 1,116,912 1.484,713 1,151 1.735,732 2.345.514 251,021 27,894 353,520 172,490 33,602 211,571 rev. other incl. Tot.. Expenses-Maint.way 235,176 1,914,784 1,474,860 11,669,005 9.628,579 182,377 1,526,908 1,376,275 Maint. of equipm't_ 278.039 1.588,296 1,712,852 114.069 29,945 54,804 300,655 454,118 Traffic expenses_ _ _ 243,553 2,482,648 1,602,513 350,982 48,334 32,379 239,566 164,699 Transportation cap_ 151,722 113,931 23,105 15,970 1,845 3,322 17,477 26,007 505.055 4.626.800 3,207,720 679.111 74,748 104,720 776.656 493,680 Total, incl. other_ 6,904,404 1,079,018 9,119.017 1.182,573 194,738 173.591 1,393,816 1,183.967 railroad_ Net from ----73272-cd 395.841 2,549,988 -2-,72T174 273-03 Taxes (less war taxes) 438,101 433.197 64,029 60,023 8.606 8,829 60,245 61,808 Net after taxes_ _ _ 2,115,615 2.284,019 2 6687044 3 335.384' ,S72,822 130,3T4 Net after rents 70,11g 170-(1) 'W97 271-1505.759 11 -,-701 44,499, War taxes 9,083 25,876 63,581 271,647 Aver. miles of r'd oper. 1,382 1,382 258 258 EARNINGS. -43 36,00 -1711 14 RAILWAY EARNINGS [VOL. 107: -NEC 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. Some 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 on this and the following pages all the company statements where they differ in any way from the returns to the Commission, or where they embrace more facts than are contained in such returns. 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. Bellefonte Central Chicago Great Western -Month of July- -Jan. 1 to July 311918. 1918. 1917. 1917. Gross receipts Operation Net Interest and taxes Surplus 7,151 6.395 756 210 546 6,195 5,516 679 247 432 48,610 43,041 5,569 1,470 4,099 47,834 44,221 3,613 1,729 1,884 Month of July- -Jan. 1 to July 31-1918. 1918. 1917. 1917. $ Miles operated 1,496 1,496 Total operating revenue 1,712,829 1,378,105 10,123,320 9,212,981 Total operating expenses 1,405,553 1,026,810 9,295,096 7,052,760 Net revenue from railroad operation 307,276 351,295 828,224 2,160,221 Net income after charges 86,821 125,946 6ef736,485 740,504 New York Chicago & St Louis Buffalo Rochester & Pittsburgh Operating revenue Operating expenses Net revenue Taxes Uncollectible revenue Operating income Misc. and non-operating income Gross income Deductions Net Income -Month of July- -Jan. Ito 1918. 1917. 1918. S $ $ 1,860,893 1,377,654 9,894,276 1,504,724 1,031,142 9,468,21? 356,169 346,512 426,064 33,500 33,000 234,500 40 85 322,669 313,472 191,479 27,663 94,160 655,185 350,332 407,632 846,664 201.399 179,002 1,373,298 148,933 228,630 def526,634 Fonda Johnstown & Gloversville July 3'1917. 3 8,161,192 6,481,490 1,679,702 215,000 44 1,464,658 739,480 2,204,138 1,255,331 948,807 -Month of July- -Jan. 1 to July 311918. 1917. 1918. 1917. $ $ s $ Operating revenues 1,994,332 1,450,.494 11,062,683 9,636,993 Operating expenses 1,391 725 1,075,442 9,228,116 7,566,748 Net operating revenue 602,607 375,052 1,834,567 . 2,070,245 Taxes and ancollectible railway revenues 60.004 50,029 420,125 350,122 Operating income 542,603 325,023 1,414,442 1,720,123 Other income 60,602 83,124 108,616 162,816 Gross income 603,205 408,147 1,523,058 1,882,939 Deductions from income 142,538 218,029 1,327,939 1,421,003 Net income 460,667 190,118 195,119 461,936 New York Ontario & Western -Month of July- -Jan.1 to J1193 17. 1-1018. 1917. 1918. $ $ $ $ Operating revenue 1,314,416 958,072 6,090,513 5.067,709 Operating expenses, taxes and uncollectible revenue 826,893 601,149 5,473,009 3,848,758 Net revenue 487,523 356,923 617,5N 1,218,951 Other income and deduc'ns, net 113,843 112,208 819,386 720,273 Net income 373,680 244,715 -201,882 498,678 --Month of July- -Jan. 1 to July 311918. 1917. 1918. 1917. $ $ $ $ Total railway operating revenues__ 96,205 97,963 607,305 616,952 Railway operating expenses 52.301 Toledo 60,818 346,611 373,574 Net revenue from railway oper 43,904 37,145 260,694 243,378 Railway tax accruals 4,200 4,500 24,900 31,500 Railway operating income 39,704 g2,645 235,794 211,878 Railroad and outside revenue Miscellaneous operating income.. 6,188 4,657 def732 def1,754 Operating expenses Total operating income 45,892 37,302 235,062 210,124 Net earnings Non-operating income 1,452 2.743 14,813 20.330 Other income Gross income 47.344 40,045 249.875 230,454 Total net income Total deductions from gross income 32,945 32.626 230,311 232,080 Fixed dtarges, &c Net income 14,399 7,419 19,564 Surplus def1,626 Peoria & Western -Month of July- -Jan. 1 to July 31-1918. 1917. 1918. 1917. $ 152,397 98,788 850,997 726,165 132,796 96,036 877,924 668,105 19,601 2,752 -26,927 58,060 19,935 14,215 118,340 137,169 39,536 16,967 91,413 195,229 8,711 7,528 64,885 172,121 30,825 9,439 26,528 23,108