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TWO SECTIONS SECTION TWO SECTION OF THE Financial Chronicle & Copyrighted in 1920 according to Act of Congren, by WILLIAM B. DANA COMPANY, in office of Librarian of Congrew, Waihington, D. C. VOL. 111. NEW YORK, SEPTEMBER 18, 1920. NO. 2882. THIS entire publication is devoted to a presentation of the reports of earnings and of States railroads for the latest month (July) and date,including said month. The table embraces every ' steam operating railroad in the country which is obliged to make monthly reports to the Inter-State Commerce Commission at Washington. Returns are now required only from carriers whose railway operating revenues, or gross earnings, exceed $1,000,000 per annum. expenses United for the calendar year to , , The ^gures are a transcript of the sworn returns on file at Washing¬ They have the further advantage of uniformity of method classification. Every company is obliged to make up its returns on the same basis in the same way as every other company. Sworn RptnrnQ ton. and and rtc Onr ^ tative. The The "Chronicle" has always made a specialty of weekly and monthly reports of railroad earnings, and for nearly fifty years its weekly y* and monthly summaries have been everywhere accepted as authori¬ present publication is in continuation of this work. These Inter-State Commerce returns also make it possible for Full Details to showing total present full details of both the and revenues us, Besides the freight expenses. earnings, we indicate separately the passenger and expenditures we report the outlays for both maintenance of way and maintenance of equipment as well as the traffic and transportation expenses. We also show7 the railway tax accruals (less War Taxes) and the net earnings after the deduction of such taxes and the comparatively trifling item of uncollectible railway revenues. In addition, we indicate the net earnings remaining after the deduction of certain rents, namely equipment rents and joint facility rent. We conclude by giving the miles operat.ed on which the earnings are based. revenues. gross In the Cents Discarded case of the cents we have necessarily been obliged to discard altogether^ and * if in any case the other, from exact proof, the the results should happen to vary a dollar, one way or for the variance will be found in that circumstance. reason Other Returns The matter contained in this extra and novel publication is entirely rvmtinnpH additional to the comprehensive reports of earnings the "Chronicle" from week to week. roads, and also all weekly figures of we furnish in All the returns of the leading printed regularly and promptly we issue once a month—say about the 15th—this special publication, furnishing a sort of compendium of earnings in which wre bring together all the returns for the latest month which are available. in the "Chronicle"'as soon ^ PaSe nnrlpr as earnings, ac*ded (see ta^e are But in addition page 14) to show the net income for the calendar years 1919 and 1918, under Government control, in cornparison with the Standard Return or Government Guaranteed Government Control Rental. This period of Government control Government. gross received.' table any enables given road any was one to ' whether during the loss or profit to the see operated at a \ our numerolls °ther Supplements or "Sections," expensive publications, the "Railway Earnings Section" will be furnished only to "Chronicle" subscribers. These will receive it free of charge, one copy going with each subscription. It will be im¬ possible to obtain copies in any other way, as none will be printed for general sale. Onlv for c,Vwt.5Wc *n case a11 °f which william b. are dana company, NEW Chronicle Building YORK PUBLISHERS * Front, Pine & Depeyster Streets Sept., 1920.] RAILWAY EARNINGS GENERAL 3 INDEX TO ROADS APPEARING IN THIS SECTION. N ame— Name— Page abama & Vicksburg abama Great Southern. Arbor chison Topeka & Santa Fe 7 New York New Haven & Hartford.... 10 7 New York Ontario & Western Florida East Coast See Southern Pacific. 12 *New York Erie 4 'zona Eastern. Name— 7 Elgin Joliet & Eastern See Southern. 12 Page El Paso & Southwestern 4 7 New York Phila. & Norfolk. Fonda ' 4 Johnstown & Gloversv lanta & West Point 4 4 Fort Worth & Den. Birmingham & Atlantic. lantic & St. Law. lantic See Grd. Trk. Galveston See South..12 ltimore & Ohio Georgia 4 ngor & Aroostook aum. Sour L.&W. It Railway of Wharf ngham & Garfield 10 Grand Trunk System. 7 12 10 Oregon Short Line. 7 Pacific 10 See Union Pacific__13 Oregon-Wash. RR. & Nav. See Un. Pac.13 Panhandle & Santa Fe. See Atchison.. 4 Pennsylvania Railroad and Company 10 Peoria & Pekin Union... 11 11 Grand Trunk Western 7 Pere Great 7 Perkiomen 11 Green Bay & Western! 7 Philadelphia Bethlehem & New Eng 11 11 Northern 4 Gulf & Gulf Colo. & Santa Fe. ston & Maine 5 Gulf Mobile & Northern ooklyn Eastern District Term 5 Hocking Valley 5 Houston & Texas Cent. 5 Houston East & West Tex. ..... Susquehanna. Pittsburgh.... nadian Pacific Lines Northwestern See Southern..12 See Penn See Southern Pacific 7 5 ffalo Rochester & Northern 4 & Lake Erie & Northern Alabama. 10 4 Chicago rmingham Southern "falo Susquehanna & Western 7 Grand Rapids & Indiana. SeeN. O.T.&M. 9 10 12 ..... Georgia Southern & Fla. 4 •_ 10 Norfolk Southern See Sou. Pac. 12 Georgia & Florida Itimore & Ohio Chicago Terminal 4 ltimore Ches. & Atlantic. See Penn.10 ssemer See St. L.-S. F Galv. Harrisb. & San Ant. 4 lantic Steamship Lines. New York Norfolk & Western. See Col. & So. 6 4 lantic Coast Line 10 See Penn__ll 7 City. Ft. Worth & Rio Gr. Sys. 7 City 10 7 Fort Smith & Western lanta Page Chicago & St. Louis Ship Island Marquette 8 Philadelphia & Reading Ry 4 Pittsb. & L. E. 8 See Atchison._ Pitts. Cin. Chic. & St. Louis. 8 See Sou. Pac..13 See So. Pac. 13 See,N. Y. Cent 10 See Penn. 11 Pittsburgh Shawmut & Northern 11 Pittsburgh & Shawmut 11 i Pittsburgh & West Virginia 5 Illinois Central 8 Port rolina Clinchfield & Ohio.. 5 Illinois 8 Quincy Omaha & Kansas City ntral New 11 (in Maine) Terminal 5 Indiana Harbor Belt. Georgia 5 International & Great Northern ntral RR. of New Jersey 5 Kanawaha & Mich. ntral ntral of England Vermont See N. Y. Central. 10 See N. Y. Cent...10 5 Kansas arleston & West Carolina 5 Kan. esapeake & Ohio Lines 5 Kansas City Southern "cago & Alton 5 Kansas .... City Mexico & Orient RR 5 Kansas 7 Lake Erie & West. 5 Lake 5 'cago Burlington & Quincy. _ System 8 8 Oklahoma & Gulf 8 See N. Y. Cent 10 Terminal 11 11 Richm. Fred. & Potom. See Rich .-Wash. 11 I Rutland St. St. Joseph & Grand Isl. -.11 See Union Pac. 13 Louis-San Francisco 12 St.L.Brownsv.&Mex.O.T.&M. 9 St. Louis Merchants Bridge & Terminal. See Terminal Association of St. Louis. 13 St. Louis San Fr. & Tex. See St. L.-S F.12 12 St. Louis Southwestern 8 St.LouisS.W.Ry.ofTex.£eeSt.L.&S.W.12 Lehigh & Hudson River 8 St. Louis Transfer 11 Lehigh & New England icago Det. & Can. Grand Trk. Jet. "ee Grand Trunk ..... City Terminal "cago & Eastern Illinois icago & North Western. 8 City Mex & Orient Ry. Co. of Tex. 8 icago & Erie. See Erie 8 Reading 8 San Antonio & Aransas Pass 12 7 Lehigh Valley...... icago Great Western 5 Long Island. 8 See Pennsylvania icago Indianapolis & Louisville 5 Los Angeles & icago Junction 5 Louisiana & Arkansas icago Milwaukee & St. Paul 5 Louisiana 11 Southern 8 Railway & Navigation Co South Buffalo 8 ... ---12 ...—12 12 8 Salt Lake Louisiana Western. San Antonio Uvalde & Gulf Seaborad Air Line Southern Pacific See Southern Pac ..13 12 Railway -12 icago Peoria & St. Louis RR 6 icago Rock Island & Gulf 6 Louisville & Nashville 8 Spokane International 13 icago Rock Island & Pacific 6 Louisville Henderson & St. Louis 8 Spokane Portland & Seattle 13 9 Staten Island 13 6 'cago Terre Haute & Southeastern. _ cinnati Indianapolis & Western Maine 6 Maryland Delaw. & Virginia. 6 icago St. Paul Minn. & Omaha Michigan Cent. cinnati Lebanon & North. See Penn.10 c. New Orl. & Texas Pac. See South.12 cinnati Northern. See N. Y. Central. 9 vel.Cinc. Chic. & St. L. 1 & Coke. . SeeN.y.Cen.10 See Baltimore & Ohio Central. Midland Mineral See Penn. 11 See N. Y. Cent. 10 Southern Ry. Tennessee in Mississippi. See South. 12 Rapid Transit 13 Central Terminal Railroad Assn. of St. Louis..13 Valley 9 Texarkana & Ft. Smith. Range. 9 Texas & New Orleans. 9 See Kan. C. So. 8 Texas & Pacific.. Minneapolis & St. Louis Minneapolis St. Paul & S.S.M 9 See So. Pac 13 13 See N. Y. Cent Tol. & Ohio Cent. 10 11 4 Minnesota & Internat. orado & Southern 6 Mississippi 9 Toledo St. Louis & Western orado & 6 Missouri & North Arkansas 9 Trinity & Brazos Valley. See Col. & Sou. 6 6 Missouri Kansas & Texas 9 per Wyoming Range berland ....— Valley. See Pennsylvania.10 eware & Hudson eware Lackawanna & Western ... See No. Pac Central Missouri Kansas & Tex. 6 Missouri Pacific 6 Mobile & Ohio. Ry. of Texas._ 9 9 See Southern ver & Rio Grande 6 Monongahela. ver & Salt Lake. 6 Monongahela Connecting roit & Mackinac 6 Montour roit & Toledo Shore Line roit Grand Hav. & Mil. 10 6 12 See Pennsylvania 11 Tol. Peoria & West. Union 13 Vicksburg Shreveport & Pacific 15 Wabash Washington Southern. West Western 6 Newburgh & South Shore. 9 6 New Jersey & New York. See Erie... 7 uth Missable & Northern 7 New Orleans & North East. uth South Shore & Atlantic 7 New Orleans Great Northern.. 9 7 New Orleans Texas & Mexico 9 Wichita 7 New York Central 9 Yazoo & uth Winnipeg & Pacific Louis Connecting ^ Northern 9 See South. 12 See Rich .-Wash. 11 Jersey & Seashore. uth & Iron t St. —15 Morgan's L. & T. RR. & SS.Co. tfeeSo.P.lS roit Toledo & Ironton Range 15 Virginian Nevada System 13 Pacific 9 Chattanooga & St. Louis.... 9 —13 Utah..... 7 ink (of Pennsylvania) Nashville See Grand 13 13 Ulster & Deleware Union RR. 9 l See Penn Western See Penn Maryland. 11 15 Pacific 15 Western Railway of Alabama ..15 Wheeling & Lake Erie 15 Wichita Falls & Northwestern 15 Valley. See Col. & Sou Mississippi Valley 0 .15 . [Vol. 111. RAILWAY EARNINGS 4 REVENUE RETURNS OF United States Railroads JULY. SEVEN MONTHS ENDING WITH FOR JULY AND THE compared wi and expenses for July 1920, as railroad in 11 July 1919, and also for the seven months ending with July in the two years, of every steam the Inter-State Commer United States which is obliged to file monthly returns of earnings and expenses with following the In furnish detailed figures of earnings we Commission at Washington . • _ understood, however, that the It should be Inter-State Commerce Commission now requires monthly repoi operating revenues exceed $1,000,000 per annum. Prior to the taking ov 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. As a matter of great interest we add also on page 14 a tabulation showing for all the roads included how the A Federal Income under Government operations for the calendar years 1919 and 1918 compares with the "Standard Returi or, in other words, the Government Guaranteed Rental. only from roads whose gross railway by the Government, or, to be of the roads & Alabama —Month 192U. EARNINGS. -Jan. 1 to ' 1920. $ 1.189,387 476,438 1919. $ July 311919. -—Month 1919. 1920. 1,040.620 151,094 69,004 274,695 56,350 234,609 38,412 1,844,397 1,556,343 295,888 301,840 58.115 49,589 352,189 105,330 103.624 383,397 425.408 S 741,480 651,694; 865,396 622,840 Chicago Terminal Jan. 1 to July 31 1919 1920. $ 1919. $ 1920. 1919 $ $ $ 88.812 101,317 O -Month of July 31- —Jan. 1 to July 1920. & B Point West of July- $ 134,148 79,232 Freight revenue Passenger revenue... & Atlanta Vicksburg of July $ "3. 3,070 141,426 67,423 57,522 1,186 141,460 1,006, 231, 310, 7, 852, 1,155,614 331,731 400,453 8,236 963,716 210,134 26,914 46,190 1,120 109,744 5,910 1,728 37,351 12,366 665,854 101,275 86.281 188,117 1,446,969 211.663 161,970 1,339,039 284,606 195,499 1 1,812,303 1,499, 234.533 1,154,022 Tot.exp.,Incl.oth. 655,204 1.425,330 38.498 3,117 80,887 exp. 670,890 101.446 1,550,968 191,627 289,489 20,675 590,674 40,161 46,492 397,427 96,339 141,012 25,926 381,248 56,582 396,945 -143,180 31,168 14,634 26,542 —656,689 208,929 —492, 196 Tot., lncl. other rev. Expenses—Maint.way Maint. of equlpm't. Traffic expenses Transportation 237,590 39.193 47,394 7,112 1,720,288 227,072 304,857 44,531 215,620 27,928 14,639 12,229 8,927 53,649 8,500 160 6 118 6 79 39 25 63.435 16,999 45.149 324,665 337,406 -12,036 —865,624 35,522 301,009 -174,355 Net after taxes, Ac. 34.237 33~!69l> 38,053 —482,369 141 90 90 90 141 93 141 274,130 93 101,968 141 11,068 93 -141,540 30,123 47,706 295.907 Net after rents Aver, miles of r'd oper. 324,310 Net from railroad Taxes (less war Uncollectible taxes) _ revenue. 430,960 Freight revenue Passenger revenue 1919. $ 323,448 71,819 75,688 369,118 111,431 2,347,685 400,358 393,028 34,637 514,184 133,502 137,191 26,179 262.749 $ $ 2,818,343 380,300 604,562 48,612 1.359,741 31 1919. 1920. 449,934 106,370 109,875 6,601 231,260 1920. Atlantic Jan. 1 to July July 1,829,453 390,883 1919. $ 2,222,559 383.609 416,555 39,261 51,345 4,138 203,299 537,184 rev. Birmingham & -Month of 31- 1919. $ 334,702 97,569 1920. 1920. $ EARNINGS. Tot., incl. other Jan. 1 to July of July- 93 Atlanta Arbor Ann Month 77,417 59,500 2,42$9.011' —690. -18 Aroostook Bangor & Month of July1919. 1920. $ -Jan. 1 to July 31 191S $ 1920. $ 519,001 309,883 88,375 231,425 69,885 2,813,834 571,301 2,279 550,827 3,299,359 2,853,192 809,909 918,737 48,019 1,717,715 436,291 126,000 140,685 4,448 190,008 319,126 73,021 125,410 4,901 2,930 139,263 3,649,292 848,010 866,891 27,925 1,438,673 360,710 3,361,662 2,719 —41,583. 21,000 1,517 287,630 183,614 211 751,502 934,682 2,160,513 508 596 Transportation exp. 55,941 91,820 12,924 195,034 Tot.exp.,incl.oth. 375.289 307,231 2.495.280 2.040,166 572,725 465,892 3,664.653 3,581,312 492,997 161,895 17,500 109,324 16,700 323,062 307,519 109,700 -58.541 —15,958 -365,293 -728,119 16,330 160,000 47 366 119 I 1 32 112,000 1,252 —56,705 26,997 13 114,690 1,044 —482,028 —841,372 -83,703 —64,101 104,014 62 -534,111 639 —855,686 639 —43,355 —63,788 276,316 77 658 632 658 Expenses—Maint.way Maint. of equipm't. Traffic expenses Net from railroad Taxes (less war Uncollectible taxes) _ revenue. 1.133,729 120,90<j 128,739 1,721,508 Net after taxes, &c. 144,362 92,576 202,098 197,452 -74,991 -31,972 Net after rents Aver, miles of r'd oper. 136,954 89,680 301 30,547 301 190,456 -81,793 301 639 -36,368 639 - 301 -Month of Atchison Topeka & Month of ; EARNINGS. Santa Pe Jan. 1 to July 31- July 1919. 1920. 1920. Belt Atlantic City Top & Santa Fe System Atchison 1920. 1920. T- 1919. 31— 1919. 2.496,594 304,855 338,762 10,035 381,856 58,357 16,875 91,158 $ 881,974 1.486,788 9,819,182 75,659,328 63,334,306 4,318,962 29,674,459 25,238,658 76,761 586,746 461.722 18,060,954 14,833,620 117553322 93,250,466 1,906.297 17,154,674 13.510,702 2,638,156 3,125,405 27,351,165 22,195,138 4,012,833 165,855 201,028 1.273,944 993,331 5,170,782 40,665,325 34,717,643 6,403,162 687,291 48,937 44,266 7,003 274.751 570,708 38,433 54,047 2,705 233,098 2,536,393 349,785 300,033 1,366,551 1,215,100 Tot.exp.,incl.oth 13.572,032 72.938.129 376.077 329,680 2.044,720 1,879,082 Net from railroad Taxes (less war taxes)! ""4,488,922 4,271,640 29,058,035 20,312,337 572,425 5,997,051 3,825,788 311,213 241,028 12,000 491,673 617,512 84,000 Freight revenue Passenger revenue. Tot., incl. ather 11,672,014 4,837,292 rev Expenses—Maint.way Maint. of equipm't. Traffic expenses... Transportation Uncollectible exp. 10.561,980 88,494,987 970.427 incl. other 533.512 5,646 75,500 74,532 474,678 134,998 130,960 Maint. of equipm't. 177 31 8,640 177 31 exp. 26,546 904,973 Tot.exp.,incl.oth. 2,032,917 expenses Transportation Net from railroad. Taxes (less war —69 __ taxes). Uncollectible .1920. S . $ 7,182,683 2,829,840 1920. 1919. S $ $ 9,504,566 228,372 655,73/} 606,913 1,349 1,092,403 498,173 4,149 Tot., incl. other 8.869 186.570 3,537,445 4,728,999 465,273 484,209 652.002 1.531 4,486,183 4,859 693,010 499,192 225 2,417,230 225 1,741 47,471 590.080 —419.60$ 445,258 1,934 -1,221,86-4 146739$ 2,889,517 1,916 4,889 4,874 4,891 Baltimore Jan $ 539,933 220,175 rev. 800,859 $ S Bingham & Ohio —Jan. 1 to July 31 1920. 1919 Month of July— 1919. $ 1920. $ 1,591 1,623 553,819 60,885 147,959 4,746 4,793,686 1,102,601 1,591,662 27,653 3,055,108 19,072,421 16,320,565 3,720,010 2,205,540 7,344,335 .4,497,786 315.798 181,424 11.789,454 6,415,107 118859143 96,080,417 17,920,162 14,965,842 37,557,700 31,215,553 1,484,764 1,110,934 58,425,605 43,993,577 171,315 36,068 32,277 1,845 36,364 85,925 41,627 37,230 1,325 23,225 1,080,371 226,327 252,239 12,155 244,693 19- 24,021,206 13,782.445 119622661 94,717,603 113,183 110,158 773,409 79 2,022.787 4.857,903 3,502.369 Net from railroad.... "877053 121,961 19,040 20,895 —64,217 141,156 97 66 —447,260 117,059 73 1,362.813! 58,131' 550,493 339,742 3,863.997 2,575,844i 7,425 10,842 1,052 30,361 8.3141 —4,948,78$ ' 2,538,12$ ' —763,51/ V 306,962 —12. I 51,975 4' 6 -30,464 254,980 —161 330,591 36 —12c 100.969 —205,307 —565.055 -5.510,124 2,1971,325—4,657,877—1,221,346 47,40'/ 83.704 772 —457,587 —699,038 772 -5,799,090 2,160,112- -5,296,982- -1,863,750; 5.153 5,151 5.15T 60,506 -25,099 36 37 5.153 62t 6,231 68,011 783 1,052,866 11,605 —24,232 50,707 848 $ 81,870 204.115 oper 191 S 167,051 431.857 Net after taxes, &c_ Garfield Jan. 1 to July 3 1920. 14,675,650 12,171,529 92.261,527 69.900,052 3,028,920 16,221,582 18,866,284 2,878,720 713,806 _ 1919. 225 2,298,125 608.298 exp. taxes) July—— 10 26 3,414,705 1,027,994 Tot.exp.,incl.oth. revenue. -Month of 1920. 1,631" 106,800 416,036 117,467 724,868 1,100,107 26,989 1.558,772 expenses... & Includes Coal & Coke 1 to July 31- 1919. S 5,48: 220,000 1,058 1,937 1920 237 300,000 1,301 147.222 1,907 178,819 Net after rents Aver, miles of r'd 758,828 -191,810' 221,391 3,210 293.784 war 498,709 14,500 -1,237,707 Maint. of equipm't- Uncollectible 5,772,456 481,073 15,800 661 Expenses—Maint.way Taxes (less 934,939 6,200,723 1,460,000 11,724 5,446,315 1,900,000 156,543 1920. Freight revenue Passenger revenue Traffic 1,032,140 6,707 407,62$ Panhandle & Santa Fe Transportation 443,162 163,008 355,997 12,777 376,934 182 ■Month of July1919. EARNINGS. 1 175,473 364,826 13,066 6,531,284 843,451 2,271,501 93,034 2,319,697 . -936,40$ ' Net after rents Aver, miles of r'd oper. $ 1,433,648 -157,184 revenue. Net after taxes 3 191 ,213 4,205,062 37,190.220 31,270,876 • Erie T1- S 1,431,603 —6f -Jan. 1 to July 6,050,144 267,956 6,653.855 1,953,579 8 Lake 1,370,662 38,128 107,390 4,740,640 2,382.473 & Month of July1920. 1919. 52,607 2,982,979 27,720,973 23,851,628 1,361,441 10,890,311 11,358,869 3,820,878 1,421,856 4,612,692 42,636,535 37,471,600 749,180 6,422,917 5,422.162 1,066,498 9,001,568 7,982,723 61,881 500,455 413,334 2,201,730 20,040,635 16,461,665 13,388.103 71,167 1919. 5,717,449 1,366,524 1,657,626 86,897 3,348.800 10,596,970 1,511,764 87,015 Bessemer Line Jan. 1 to July 31- - July 1920. $ 1919. 9,300,401 3,488,335 Coast Atlantic -Month of -Jan. 1 to July 31- 14,043,838 400,429 3,739,639 334,314 3,000,013 21,920 166,055 708,111 6,136,829 ,985' 25 31 1,740,137 444,561 Traffic 2 1,064 951,758 177 S Expenses—Maint.way rev. 92 137 311 21 233,261 177 1,171,917 482,069 1,962,931 603,282 , 1,562 82,007 156,539 392.949 $ Tot 2.160.989 91,182 15,682 217,955 1919. 597,800 263.073 30,413 24,767 229,028 of July 1,246,940 351,442 263,033 1920. revenue 167,463 296.692 Gulf Colorado & Santa Fe Freight 229,864 16,464,407 3.695.329 3,748,27*5' Passenger revenue.!! 424 1,588 15,998,928 3,517,996 EARNINGS. 762 2,242,996 277,900 419,517 4,287 1,403,220 23,054.309 Net after taxes, &c. Month 355,155 36,848 52,063 3.588.784 2X27tL844 8,665 8,721 revenue. 6,075 8,829 52,596 1 3,884 oper 14,520 98,702 $ 22,141 498 Net after rents Aver, miles of r'd 1 147 Jan. 1 to July 3 1920. 1911 1920. $ 737,646 1,660,123 28 Railway of Chicago Month of July1919. $ $ —Jan. 1 to July July■ 804 1,160 Sept., 1920.] Birmingham Southern ■Month of July 1919. 1920. % EARNINGS. •eight % ■Month of July 1919. 919. S 1920. S expenses Transportation exp_ 1,423,610 654,456 1,163,364 *8,975,328 622,972 3,751,035 51,559 42,713 5,048 5,800 347,452 28,450 44,879 2,289,048 474,170 561,353 58,462 1,175,464 22,331 343,268 31,581 55,071 6,875 210,206 50,826 729 (less war taxes), ncollectible revenue. revenue Tot., Incl. other rev. cpenses—Maint.way Maint. of equipm't. expenses Transportation exp. Tot.exp.,incl.oth. taxes), et after rents miles of rd oper. Tot., Incl. other rev. cpenses—Maint. way Maint. of equipm't. Traffic expenses Transportation exp_ Tot.exp.,incl .oth. railroad taxes). war 47 701 363 2,520 74.709 -31,483 47,905 31 29 Maine & 6.823,460 5,557,268 45,813,055 36,376,365 1.031,106 -354,601 961.019 236,538 180,085 98,247 1,638,360 2,187.701 1,229,638 8 206 47,679 743 448,581 780,726—1,587,792 957,320 72,787 2,304 795,108—4,433,039 2,258 2,291 872,388 2,258 75,085 Jan. 1 to July 31—— 1919. $ 538,110 482,088 124,044 85,153 13,402 11,520 595,666 121,640 214,369 63,822 59", 206 399,841 384,1302 93,155 88,293 766,897 740.860 30,888 6,318 -3,139 -171,230 43,592 -215,558 35,120 Tot., incl. other rev. cpenses—Maint.way Maint. of equipm'texpenses Transportation exp. Tot.exp.,incl.oth. et from railroad war taxes), 7,116 17,089 5,777 revenue Transportation exp. Tot.exp.,incl.oth. railroad taxes) ' at after rents 12,058,126 9,772.013 79,249,394 65,225,575 2,743,001 725,000 3,549,584 7,691,440 475,000 4,750,620 225 262 962 5,332 5,320 140.813—1,298.599 103,148 2,017,738 3,073,621 2,935,486 7,316,026 -20a ,333 301 1,724,934 8*405 3,076,883 8,090 1,545,300 8,226 6,952,086 8,090 39 —372,826 —493,857 111,951 2,118,845 301 301 301 Central of Railroad Month of 1920. 1919 « $ 18,095,473 4,599,141 1920. $ 1919. & Quincy Jan. 1 to July 31 1920. 1919. 14,720,008 31,922 2,084,218 4,352,061 25,8/4,136 24,549,467 447,120 3,062,318 2,880,093 852,787 7,881,608 6,282,295 38.620 189,039 166,903 1,789,749 13,563,154 11,675,414 4,269,463 3,267,549 25,521,882 21,723,803 3,161,373 12,1/8,33/ 4,997,796 469,640 1,547,748 13.068,386 93,638,678 81,553,470 3,080,934 3,156,821 2,249,036 16.1,787 5,948.915 88,923: 890,023 610,417 4,706,970 42,917.764 32,710,164 13.046.018 9.917,012 86.460,340 65.814,852 17,753,56/ 12,984,295 2,423,780 21,134,969 16,451,140 732,333 1,084,511 352,254 2,825,663 354,527 157,400 1,859,042 1,-102,152 1,673,984 738,793 463,117 4,736,620 131 165 351 197 17.334 19,523 2.688.t >58 7,424.382 12,592,749 2,523,776 9,372 5,334,713 9,371 11,110,607 9,372 —10,487 -224,685 —259,409 444,570 10 9 10 686 88/,833—1,235,24/ 685 686 1,668,336 685 534,871 9,369 Susquehanna RR Corp Jan. 1 to July 31 of July 200,326 6,798 1,506,769 224,345 53,093 96,495 1,527 66,472 1,587,878 351,181 689.176 15,891 585,239 •v 49.012 457,720 111,732 397,238 91,611 624,654 110,346 201,682 7,352 632,575 122,571 121;607 Jan. 1 to July 31- 1919. 1920. $ 1919. S $ 1,295,487 508,722 1,156,951 575,173 8,395,231 3,098,615 1,979,580 744,300 51,312 1,085,545 1,857,564 287,971 372,055 29,968 12,950,981 3,163,512 3,568,974 53,168 2,015,966 636,078 12,289 294,637 July-— 3,162,567 616,870 823,632 3,644,828 607,245 1,087,624 62,988 2,595,581 407,712 $ Month of 1920. $ 2,310,592 567,054 2,593,402 1,231,096 291,666 609,889 12,174 429,880 16./38.618 3,126,295 Chicago Great Western Jan. 1 to July 31 1919. 1920. $ $ $ 1,115,153 48,152 244,006 66,929 96,922 2,299 81,253 $ ~ Central Vermont —Month of July 1920. 1919. 1919. 1920. $ 1919. $ 721,936 6,319,770 11,669,630 1,995,938 2,734,172 182,428 5,275.361 1,470,634 13,776,025 10,588,289 736,366 7,416,025 3,409,952 227,531 260,282 224,835 1,712,482 1,396,894 247,925 571,146 4,491,374 3,640.580 2,703,663 -16,276 7,000 —490 —174,604 38,900 -165,7-98 -123,2/0 17,400 —38,5/0 17,400 —846,546 -825,043 1,081,340 54,974 13 4 67 126 -724,082 81,836 Cr2,251 386,930 120,800 -478,012 121,800 470,100 Crl.425 403,542 1,401 968,414 —599,939 -803,667 331.629—1,293,719 676,396 -1,069,29/ —615,62/ 3,250 22,750 -23,276 -3,740 —163,504 —188.548 -140,683 -55,975 -8,161 80,392 -210,400 -152,601 296 296 299 -57,24^- 296 Rochester & 1919. $ 1920. $ 1919. $ 413 9,209,044 Month & Western 268,394- -1,891,81/ 1,496 1,496 1919. $ Month of July 1920. 1919. 1919. $ 6,570,065 874,384 218,595 60,024 171,489 37,951 1,514,873 367,367 1,270,828 353,843 952,446 296,407 ,v33,140 296,970 1,996,586 1,699,008 421,421 430,541 34,954 1,072,257 299,655 306,156 30,120 1920. $ 1,871,728 396,442 654,411 22,445 1,253,043 10,645,269 189,328 1.843,913 3,914,510 402,235 110.955 15,560 5,165,372 532,518 1,321,585 2,788,116 103,194 3,946,812 73,553 58,883 6,840 167,344 220,526 37,181 41,889 5,309 116,200 155,109 1,496 ,1,496 Carolina Chicago Indianapolis & Louisville Jan. 1 to July 31-— of July—-— 326 -863,388 1920. 1,066,020 141,637 992,662 413 413 413 Pittsburgh Charleston Jan. 1 to July 31— July $ -Jan. 1 to July 31- 1920. 1919. $ $ 7lfl,794 4,474,257 218,411 5,666,411 1,792,856 1,052,07.4 142,432 256,966 16,214 465,319 8,359,996 1,024,814 2,586,303 174,125 3.705,576 6,656,402 797,193 1,613,191 98,550 2,834,606 1,585,093 862,386 1,375,040 187,248 377,760 28,192 603,592 2.032,986 1,172,744 11,330,459 8,404,468 318.211 203,275 1,994,370 1,557,070 1,245,935 911,030 7,808,335 5,589,212 80,298 27,000 —685,190 225,000 ,71,328 189,000 —21,240 17,250 8,500 2,216 161.937 551,660 59,500 129,105 44,899 141,044 81,375 47,340 336,917 1,067,190 255,730 76 652 521 120 22 320 337 559 -196,258 53,222 —910,842 —860,849 —32,985 8,750 —79,268 102,437 84,183 93,383 214,404 810.899 44,571 589 313,036 -893,641 —211,179 100,981 —30,783 48,568 -339,91/ 40/,188 589 —46,187 342 11,393 589 342 342 342 654 657 654 657 913,591 35,000 589 Pacific Lines ■Jan. 1 to equipm't expenses Transportation exp Tot.exp.,incl,oth. from railroad (less war taxes), acollectible revenueixes Me) (in July 31 11,625 $ ' 120 & Chesapeake Ohio _.i — Jan. 1 to July 31— 1820. 1919. $ $ 4,903,510 36,453,237 30,230,471 1,396,826 6,025,376 8,855,094 1920. - 87.616 33.934 1,269,039 1,253,060 375,032 364,832 131,290 76,572 1,703,389 399,745 i 18,264 1,119,910 7,259,357 1,261,839 2,378,699 53,507 3,498.595 6,665,250 46,145,621 41,443,383 1,002,227 6,533,613 6,611.199 9,060,101 1,524,201 13,122,675 255,830 38,428 378,732 2,376,295 19,360,039 16,224,729 1,904,177 7,404.707 5,087,466 40,681,519 33.070,926 290,788 77,000 -145,350 349,810 1,577,784 158,400 5,464,101 1,648,670 8,372,457 1,185,240 32 299 1,106 91,445 68,704 1,727,731 378,253 438,223 21,067 1,120,804 199.854 178,703 1,983,079 —47,412 11,000 60,835 12,200 —Month of 1920. ' July —Jan. 1 to July 31— 1919. 1920. $ $ $ 1919> 3„79l 40,348 3,454 27,510 156,354 ; Chicago Junction Lines I 5,616,023 1,085,41.5 -Month of July 1919. 1919. S —43,500 Tot., incl. other rev cpenses—Maint, way V 1920. S $■ 112,427 37.228 revenue 2,456 —255,347' 85,000 340,616 280,123 47,963 325,130 1.780,581 49,847 61,722 51,249 2,013,876 496,646 345,488 298 162 359,019 218,705 365,317 426,956 1,794 1,953,491 478,971 326,986 2,814.223 2.496.161 -1,806- -1,033,641 -482,285 -198,841 4,401 2,128 1,601,270 22,128 16,359 -3,984—1.055,770 -498.644 —55,700 -58,412 —340,747 -277,788 —495.193 1,419,084 3,814,325 7,183,424 -203,249 —61,352 Net after taxes, &c. et after rents —66,019 —449,592 377,972 -204,626 33,338 1,003,292 —221,7»7 233 233 1,170,807 2,509 6,267,747 233 —393,450 2,520, 5.209,959 233 2,518 2,510 12 12 12 12 miles of r'd oper Clinchfield & Carolina —Month of 1920. EARNINGS. ■eight revenue — Tot., incl. other rev. cpenses—Maint. way Maint. of equipra t, expenses— Transportation exp. Ohio 1920. S 1919. 1919. ■Month of July 1919. 1920. Month of July—— 1920. 1919. S $ '—-Jan. 1 to July 31 1920. $ " 485,772 40,618 3,478,744 1,909,376 625,575 1,498,777 10,671,849 259,698 566,966 77,484 134,698 16,742 177,543 541,427 58,680 97,691 5,172 145,661 3,846,751 507,398 950,493 85,741 1,201,976 3,306,194 533,515 849,661 33,264 1,044,157 2,795,250 650,396 787,900 55,771 1,429.391 2,220,875 15,969.519 366,492 2,432,071 579,327 4,354,762 233,724 23,438 7,448,767 856,442 14,301,866 2,390,583 3,925,741 179,126 6,14.5,203 6 ,318,019 2,905,215 1,889,707 14,987,613 13,053.327 12 934,027 —109.965 982,106 465,945 1,166 1,248,534 2 149,903 -221,506 394,054 1,245 677,262 187 458,808 2,298 32,606 —682.613 1919. $ 6,236,090 .4,592,050 1.611.433 600,309 426,481 321,339 2,859,669 railroad...— ixes (less war taxes). acollectible revenue. 140,484 28,830 220,088 16,300 987,082 753,151 149,333 114,100 76,850 331,168 55,500 64 270 79 130 172 &c_ July 31 1919. % 9,895,491 3,593,052 504,849 50,347 $ % $ Tot.exp..incl.oth. after rents rer. miles of r'd oper Jan. 1 to 1920. $ 3,016,747 225,579 2,553,043 et from Chicago Milwaukee & St Paul Chicago & Alton Jan. I to July 31-— July $ Net after taxes, 1 10,646,346 3,325,000 $ $ $ 8,636,010 67,595,355 56,253,062 3,447,556 19,471,838 19,124,577 6,840,302 3,425.142 9 Month of July 1919. eight revenue..:... issenger revenue Burlington Month of July 1919. 1920. $ $ 3,199,270 18,589,113 888.505 5,166,123 3,459,315 1,228,581 Jersey Chicago New —-Jan. 1 to July 31 July 93 4.834 1920. EARNINGS at 58 1,723,315 miles of r'd oper. Traffic 215,374 112,000 927,096—1,506,919 Canadian /er 8.436.356 437,478 18,225 37/,809 revenue Net after taxes, &c. at 4,707.992 156,552—1,170,928 16,000 127,612 5,356 56 i .693 L -23,316 expenses Maint. of 131,250 6,105,948 86,940,834 75,871,921 14,250.371 11.623,969 ,19,658,808 15,037,879 ! 687,704 506,443 41,694,765 34,978,637 692,2 -161,258 Tot., Incl. other rev. cpenses—Maint. way Maint. of equipm't. Traffic 18,554 1,738,886 1920. $ 13,321,597 1,931,093 2,262,259 82,003 5,152,127 1,606,395 183,30-1 ■eight revenue issenger 9 3,651,730 879,028 —250.678 S war 3,716,798 14,801,128 2,690,225 2,665,346 594,330/ 3,537,064 140,328 1,160,116 66,967 1,009,246 2,833 22,895 213,562 2,394,474 676,505 236,866 -214,822 Month of ?er. 170,040 Western Jan. 1 to July 31 1919. $ S 8,791,353 56,336,242 50,050,590 3,485,832 20,520,441 19,439,780 9,687,664 —8,917 1920. EARNINGS. (less 25.377 3,320,258 167,324 24,569 miles of r'd oper. acollectible 1,176 3,173,162 North July 1919. $ $ 545,907 29,712 1920. 1919. 14 Buffalo ixes 154,560 S Month of Jan. 1 to July 31 1920. $ 825,475—1,243,577 1,131 1,131 1,131 Chicago & England —- 25,213 Net after taxes, &c. at from 525,301 171,311 1,235 275 New Month of July 1919. 1920. $ 620,749 revenue. et after rents Traffic 1920. $ 1,924 1,918 Central 1920. $ 232,963 6,904 revenue assenger 44,495 211,702 1920. tssenger revenue rer. 93,382 —773,438 1,130 6,518,287 45,911,303 38,564,067 916,573 7,086,845 5,479,632 1,167,204 10,075,006 7,749,451 57,278 314,929 286,817 3,214,197 26,582,238 21,443,715 S acollectible —888,681 883,59/ 1,918 7,508,588 •1,127,798 1,377,117 56,863 3,959,130 ■Month (less 906,439 4,271,405 2,441,250 Buffalo & EARNINGS. axes 511,338 430,711 Jan. I to July 31 1919. $ $ 3,815,720 27,854,248 22,491,170 2,133,985 12,838,838 12,054,619 miles of r'd oper. Traffic 308,803 295,279* 22,069 et after rents eight -159,851 -148,012 1,924 revenue- Net after taxes. &c_ irer. —794,400 926 revenue (less —232,248 30 112,751 revenue ncollectible ■234,858 556,591 2,949 213 Brooklyn Eastern District Term. axes 470 12 ——Month of July 1920. 1919. $ $ EARNINGS. et from 220 440,320 670,000 2,568 1,324,808 413,596 4,772 revenue- Net after taxes, &c_ assenger 13,899,804 173,352 79.500 552,489 685,128 et from railroad •eight 15,363,864 100,000 1,064,191 65,580 $ ver. 1,981,057 -788,460 375,083 81,332 Month of July 1919. revenue war 2,949,769 1,551,137 —78,472 1920. EARNINGS. (less 13,464.580 10,709,974 2,367,521 8/,940 12,304 miles of r'd oper. ncollectible 2,154,409 15.804,184 13,664,945 336,761 2,129,563 2,154,896 708,344 5,363,653 5,146,173 20,636 158,902 135,495 860,038 7,172,485 6,071,924 259.512 Boston axes 2,161,309 519,888 927,795 33,727 1,374,921 14,829 12,279 29 % 9,945,190 2,732.402 14,528,772 12,034,782 2,635,809 2,290,646 3,243,170 2,480,842 332,704 -239,133 6,692,666 5,297,819 328,438 1,922 1919. $ 1,930,223 349,941 318,913 38,834 784,416 2,732 7,915 1920. $ 1,569,280 10,869,659 440,700 2,902,745 5,395 31 1919. 1,460,186 501,020 37,318 -1,033 Jan. 1 to July 31 of July $ 7,318,523 3,613,014 1,754 -7,394 Net after taxes, dec. et after rents Traffic 4.860 158,590 Month - 732 Tot.exp.,incl.oth. axes issenger $ $ 1920J 1919. $ 257,355 et from railroad •eight 1920. 247,387 5,398 10,726 1,345 29,602 Chicago & Eastern Illinois Georgia —-Jan. 1 to July 31 35,594 issenger revenue Tot., lncl. other rev. xpenses—Maint .way Maint. of equipm't. ver. of Central 31 Jon. 1 to 1920. % 39.484 revenue Traffic 5 RAILWAY EARNINGS 3,689,687 10 ,409,447 3 059,248 15 ,083,931 2 ,949,638 2 ,989,296 135,972 111,654 203.724 837,478 638,971 -186,946 275,496 514,995 853,239 ,472,453 242,029 199,883 282 1,537,985 593,591 -295,284 282 1,050 163,808 1,050 —7,613 1,050 121,683 j 1,050 863,737' 282 282 10,629 8,516,393 62,183,143 3.005,283 17,154,721 12,617,448 2,292,982 4,266,828 120,424 5,731,557 57,467,801 17,024,600 91,084,990 81,710,902 15,336,155 12,196-828 22,171,116 24,190,018 781,427 647,126 43,268,549 38,583,334 12,838,955 84,848,899 —866,718—2,125.403 10,648 10,628 78,070.882 3,64),019 3,659,336 17,017 36,334 —981.304 1 - 10,647 RAILWAY EARNINGS 6 1920. earnings. — 1919, ■Month of 5,584,506 1,313,128 4,860,398 1,371,080 1,094,278 213,123 236,404 7,309 365,477 7,990,826 1,438,039 2,018.125 76,989 2,846,626 7,285,090 1,170,830 1,688,733 60,646 2,766,638 7,038,976 953,491 1,537,931 96,125 3,302,260 6,342,043 40,201,806 40.504.3f 960,732 4,951,353 3,972,57 1,245,722 8,489,01 9,575,091 53.645 532,061 288,3? 2,392,139 20,177,600 17,359,0? 1,133,252 862.133 6,738,950 5,982,574 6,161,115 4,631,029 36.826,384 31,299,31 —473,875 50,466 102,590 232,144 59,791 47,000 1,251.875 400,937 389,583 15 14 175 137 1,953 1,302,515 329,000 2,440 5 1,711,014 318,427 1,035 —163,117 —524,356 42.624 185,007 848,984 971.075 488.272 1,391,551 851,329 7,015.24 27,315 1,099 171,344 865,698 553,409 1,353,554 1,060,306 6,729,72 1,099 1,099 388,625 1,100 956 95 765,141 267,958 Freight revenue Passenger revenue. „ ,127,197 184,131 Tot., lncl. other rev Expense— Main t.way. 136,421 44,637 73,227 3,348 83,703 1,411,152 253,891 470,676 26,815 707,732 905,170 263,048 454,532 20,117 Transportation exp. 241,845 34,730 63,345 6,593 123,310 578.994 1.235,843 306,659 309,429 15,635 439,300 Tc:;.=*p..Incl.oth. 239,128 213,361 1,526,555 1,379,046 Net from railroad Taxes (less war taxes). 2,716 7,100 -76^940 -115,402 47,700 6,100 Uncollectible revenue. 167,971 15,092 -86,751 -185,026 -544,130 247 Net after rents—— oflr'd -83.041 ,383 Net after taxes, Ac. Aver, miles 247 247 247 oper. —Month of 1920. i Month of Jan, 1 to July 311919. July -Jan. 1 to 956 & Rio Month of July1919. S S 2,234,205 4,167,399 2,250,924 3,985,989 1,739,615 6,814,016 1,115,190 1,564,532 45,425 2,997,604 5,967,404 624,041 1,149,864 31,022 2,201,246 3,422,870 652,562 709,608 53,534 9,205,05 2,175,72 14,08 1.175 Grande —-Jan. 1 to July 31— 1920. 1919. 609,871 337,139 639,753 3,375,421 2,522,916 955 Denver July 31 1920. $ $ $ % July1919. 1920. 1920. ^919. 877,861 Fort Worth & Denver City Chicago Rock Island' & Gulf earning8. 1919. 5,734.151 1.539,203 814,488 329,460 679,20^ equlpm't- Jan. 1 to July31— 1920. $ $ S 4,495,925 27,558,721 29,426,2f 1,231,049 7,151,648 6,841,3£ 1919 1920. 1919. 101.595 26,164 expenses- 1920. S —Jan. 1 to July 31 July- 1920. $ 196,883 29,774 Traffic Month of July1919. Colorado & Southern -Jan, 1 to July 311919. 1920. $ Malnt. of Delaware Lackawanna & Wester Colorado & Southern System Chicago Peoria & St Louis Month of July [Vol. 111. 1920. $ $ 1,880,848 791,265 1919. $ 14,554,373 4,005,584 12,469,711 414,872 115,434 259,096 94.341 2,694,291 695,873 1,834,472 576,050 408,494 374,592 56,361 63,192 7,566 157,080 3.717,820 555,011 564,173 57,273 1,484,236 2,551,097 452,765 507,152 48,748 1,193,632 1,101,355 169,232 256,764 9,305 Transportation exp. 578,356 79,844 93,608 10,852 231,565 414,194 977,488 75,590 174,478 4,087 321,455 1,168.483 2,840,669 20,271,758 16,*39,2/ 515,673 2,726,8(. 2,996,539 574,349 4,883,921 4,436,47 23,122 249,122 136,95 856.835 7,213,785 5,984,63 Tot.exp.,incl.oth. 431.817 297,505 2,760,775 2.291.376 898,966 602,371 5,977,153 4,197,593 2,756.982 2,100.925 16.283.788 14,055.9/ 77,086 13,154 957,044 259,721 92,083 19,250 836,863 159,305 1,769,810 134,750 665,888 135,000 739,744 115,000 3,987,969 897,000 2,883,3^ 112,200 202,388 23,100 375,117' Taxes (less war taxes). 146,538 12,833 Uncollectible revenue. 19 12 186 305 31 31 612 861 14 515 15,383 730,00 2,9? Net after taxes, Ac. 133,685 63,919 844.658 167.331 179,257 355,835 676,944 1,634,199 530,872 624,228 3.075.585 2,150,33 Net after rents aver, miles of r'd oper. 116,453 461 801,405 461 130,651 183,921 350,871 290,580 1,573,382 648,525 640,199 474 454 454 454 454 2,585 2,593 3,636,311 2,585 2,319,1/ 474 Freight revenue Passenger revenue.. Tot., lncl. other rev. Expenses—Malnt .way Malnt. of equipm't. Traffic expenses... Net from railroad Chicago ■Month of July earnings. Island Rock —Jan. 1 to - -Month of July 31$ . . S . Freight revenue...... Passenger revenue— 7,790,733 3,173,285 6,362,182 48,508,717 38,415,452 3,005,739 18,403.865 17,073,792 101,425 27,442 Tot., lncl. other rev. 9,847,273 74,018,832 58,930,131 1,575,221 14,389,855 9,571,789 1,928,403 19,529,583 13,883,377 123,231 839,110 709,164 3,916,607 34,229.128 26.110,755 135,238 35,363 44,039 11,924 Transportation exp. 11,897,837 3,432,588 3,910,020 162,790 6,192,899 Tot.exp.,lncl.oth. 14,086,758 7,781,938 71.082.576 Expenses—Maint.way Malnt. of equlpm't. Traffic expenses— ■2,188,920' Month of July 1919. $ s —-Jrm. 1 to July31 July- 1920. $ 70,340 S 788,700 Salt 518,472 3,477,41 2,51 Lake —-Jan. l to July 31- 1920. 1919. $ 1919. 1920. 1919. % $ & Denver Trinity & Brazos Valley Pacific 1920 1919. 1920. & 900,854 1920. 1919. $ 1,228,491 224,7C 191,639 69,731 229,344 61 223 235.597 273,455 106,891 71,668 296,924 1,499,96 518,63 153,983 1,431,165 485,999 542,571 5,899 842,469 1,117,108 23,939 146,392 134,924 1,000,034 427,779 324,872 14,053 686,022 265,081 306,951 12,042 67,009 68,458 42,115 46,256 1.898 57 ,344 472,426 408,444 51.935.138 155,098 154 4W5 1 .3"l,f>33 1.044.027 332,999 342,311 1,933,599 2,058.26 6,994,993 -19,860 -301,498 55,608 -358,004 —60,543 9,000 -45,386 -502,434 -558,33 63,0C 106,959 74,964 1,083 882 143,982 602.56 6,64 896,14 450,351 336,719 2,936.25o 3,069,802 7,210 -57,227 5,714 Uncollectible revenue. 599 339 5.405 3,703 108 71 8 70 Ac. -2,649.872 1,708,075 —138.952 4.542.365 -27.070 —62.942 —357,215 —398.077 —69/543 -54,395 —571,836 —621,43 1,471,833—1,821,102 7,594 7,626 3,337,802 7,504 -24,859 368 -73,933 -398,385 -60,066 —622,523 368 368 —453,914 368 -68,677 Aver, mileso" ,*'d oper. -2,910,875 7,662 255 255 255 —623,It 21 Net from railroad Taxes (less war taxes). Net after taxes Net after rente 2,065,334 2,448,924 Wichita Valley Chicago St Paul Minn & Omaha Month of July1919. $ earnings. Freight revenue. Passenger revenue- 1,600,682 760,543 —Month of July 1920. 1919. $ —Jan. 1 to July 31 1919. 1920. 1920. $ $ 1,529,131 692,186 40,001 Detroit Jan. 1 to July 31- 1920. 1919. 9,789,009 4,179,224 122,781 40,088 17,997 49.860 41,543 Mackinac & —Month of July 1920. 1919. $ -Jan. 1 to July 31- 1919. S 1920. $ $ 115,534 69,952 27,998 602,342 266,063 324,393 166,872 118,616 43.050 932,072 235,378 111,142 523,694 108,370 64,980 180,848 36,964 53,491 280 39,135 411,281 713,506 244,065. 38,256 101,556 13,338, 190 73,523 11,099,996 4,603.293 69,332 9,000 Transportation exp. 2,559,874 618,961 483,107 27,175 1,110,655 2,352,012 422,197 398,136 23,857 1,003,764 17,314,170 2,405,235 3,204,979 172,507 7,935,841 14,992,392 2,131,541 2,802,033 141,356 7,201,831 2,374 243,646 2,935 76,134 161,252 16,685 28,075 Crlll 60,554 Tot.exp.rincl.oth. 2,334,234 1,912,936 14,326,600 12,789,520 109,239 63.447 769.050 948,525 176,979 106,872 225,639 128,547 439,076 38,108 163,022 38,708 75,169 29,320 3,869 10,958 54,379 4,188 937 655 2,202,871 724,442 2,685 5,707 Uncollectible revenue. 2,987,569 910,838 4,011 13,541 Taxes (less war taxes). 4 32 621,2C| 213,02 881,2C 143,61 248,73 22,46 448,1C 192 Tot., lncl. other rev. Expenses—Maint.way Malnt. of Traffic equlpm't. expenses- Net from railroad - Freight revenue Passenger revenue ... Tot.. inci. other rev 2,072,719 1,475,744 7,832 33,875 124.282 45,656 -7,088 301,875 2,053,261 1,749 1,250,854 1,749 -5,296 256 30,160 32,668 33,910 -59,692 2$6 256 2£6 8,542 376 45,645 1,749 381 376 456,867 99,813 214,909 339,192 2,927,429 1,062,563 32,589 1,307.362 —Month of May— 1920. 1919. $ $ 179,590 2,186,489 372,556 1,033,386 22,823 875,124 605,702 342,695 2,948.508 Net from railroad.... -148,83^ -21,078 -168,335 -18,002 -154,578 -132,684' -17,387 277,780 374 374 Aver, miles of r'd oper 374 Cincinnati Month of July 1919. S Passenger revenue expenses... 10,000 61,025 -Month of June 1919. 1920. $ 1919. $ f 1,815,059 -Jan. 1 to 1920. June 30— 1918. % / 56,731 8,559 60,718 10,213 327,933 72,122 374,823 73,355 70,788 28,445 16,377 1,407 38.683 79,686 26,034 16,381 1,653 38.707 425,404 126,806 102,206 482,458 148,040 109,340 11,264 225,277 10,193 211,723 Toledo ■Month of July1919. $ $ 281,803 383,781 1920. & Ironton ■Jan. 1 to July 31— 1920. $ 1919. $ 2,388,976 100,923 1,816, 2,029,97 93,192 85,170 2,558 2,669,219 651,593 597,387 40,683 131,228 1,374,394 984. 382,450 47,994 86,933 7,594 133,875 2,428,752 391,651 871,996 55,224 1,112,665 1,647,857 332,107 507,245 34,974 921,138 291,806 2,559,826 1.892,290 87,561 86,574 483,643 493,079 530,285 325.450 2,811,741 2,404.7/ —24,95*} -131,674 91,794 —244,433 -16,772 6,823 ),888 -57,738 37,662 -10,621 35,043 —102,951 9.039 —12,059 —140,506 6,890 5,641 62,153 -374,7* 57,07 44 75 838 31 116.976 8,893 —7,249' 13,538 10,261 71,719 17,697 16,018 427,333 174,395 99,275 8,964 230,688 313,390 6 84,6 610.5d_ 700,53 18.6* -20,787 -35,214 —222,875 —316.153 -23,596 -13,778 -95,401 —45,664 —112,034 —17,777 —203,498 —432,If —35,040 -24,394 -14,031 -101,447 —45,965 —142,968 —21,894 —379,192 —462,9] 321 -264,862 321 —349,936 321 321 142 141 142 141 454 454 454 45 Duluth & oper. Colorado earnings. 25,241 1.008 revenue... 88,959 21,749 17,394 776 63,364 Tot., lncl. other rev Expenses—Maint.way equipm't. Net from railroad Jan. 1 to July 31 1920. 1919. S % 140,133 167,252 6,466 8,486 540,825 96,791 Net after rents Aver, mfies of r'd oper -Month of July 1919. 1920. $ $ & Hudson Jan. 1 to July 311919. S S 1920. ■Month of July 1919. Range Jan. 1 to July 1920. 1920. $ $ $ Iron 1,214,525 4,760,010 31 1919. 9 3,511,325 368,717 2,772,873 19,037,807 16,448,359 301,714 1,828,432 1,628,956 1,606,793 26,446 24,251 161.320 653,418 72,078 124,303 1,035 299,374 4,055,981 426,077 1,113.123 1,763,078 150,105 125,403 1,862 320,905 1,318.815 97,469 114,182 38,892 1,976,905 3,253,726 22,170.928 19,161,854 431,071 2,603,954 2,470,083 802,063 6,845,354 5,457,934 18,220 192,904 128,821 1.312.358 11,542,809 8,650,896 236,702 5,337,677 766,516 795,684 6.336 1.385,770 523,4.59 3,744,442 2,708,374 22,335,948 17,675,874 619,776 464,043 3,080,492 2.527,7] 1,143,301 90,729 854,772 65,644 2,257,185 278,687 548 2,130,8/ 233,81 4,187,6 157,70 4.658,57 552,8( 643,33,If 1.238,5( 38,658 107,460 74,202 538.949 9,828 1,876 129,958: 4,000 35,000 28,000; 6 698 445 7,175 36 82 -23,500 5.828 —33,123 101.958 230.031 485,082 —728.107 1,061,807 1,052,536 789.045 1,977,948 1,896.31 -25,997 3,190 —47,220 82,206 202,845 470,439 787,247 43 41 858 852 298 292 2,083.581 298 1.918,3/ 41 914.938 852 1,058,267 43 —795,853 858 388 1 revenue. Net after taxes, Ac. Delaware —18,500 5,000 Transportation exp. Taxes (less war taxes). 21,654 1,285 84,031 13,271 18,158 Wyoming 127,756 2,040 283,561 expenses... Tot.exp.Jncl.oth. & ■Month of July 1920. 1919. $ s Freight revenue Uncollectible 323,3) 61 -39,737 Net after rents Traffic 86,426 61 Detroit Copper Range Jan. 1 to July 31 revenue. Net after taxes, Ac. Malnt. of 61,769 61 44,74 56,416 Tot.exp.,lncl.oth. Passenger 359,8* 1,461 266,853 Taxes (less war taxes). r'd 216,582 * 77,504 399.964 Avar, miles of 68,473 68.208 175,846 Net from railroad.... 404,64 392,715 exp. Transportation 330,6/ 253,844 35,800 1,128,414 360,654 ... Tot., lncl. other rev Expenses—M a in t. way Malnt. of equlpm't. 451,167 76,723 8,250 444 17 1920. 187,344 46,383 77.456 1,713 45,268 101,500 $ 302,411 Freight revenue 735,2? 53,4* 57,3? 1,5* 208,6) 705,012 60,813 80,413 7,476 279,597 15,068 12,719 19,734 Indianapolis & West 1920. earnings. 714,54 89,259 -281,109 374 Net after rents 133,500 % revenue Net after taxes, Ac. 1919. $ 703.444 81^038 —289,311 Taxes (less war taxes). 1920. S 99.259 -187,793 19,500 -3,502 14,500 Jan. 1 to May 31- 149,464 180,298 9,581 2,374,283 454,043 52,53 Detroit & Toledo Shore Line Month of July—Jan. 1 to July 31— 1919. 1920. 1919. 1920. £ $ $ $ 416,133 302,744 2,673,941 1,980,299 27,694 22.084 168.261 148,904 6,662 265.883 expenses... Uncollectible -127,07 33 334,843 Tot.exp.,lncl.oth. equlpm't Transportation exp Traffic —113.26 1,749 61,128 137,255 2,277 132.336 Expenses—Malnt. wa y Uncollectible -136,149 96,155 r'd oper. earnings. Traffic 941,96 -41,423 94,725 —60,7/ 8,439 45,940 Chicago Terre Haute & Southeast Malnt. of 18,324 535.539 1.103,706 1 168,298 Net after taxes Net after rents Aver, miles of 103,577 8,602 1,062,282 196,071 303,981 t 311,538 81,000 54.5,352 59,571 —165,019 562,642 1,485,979 416,997 286 5f 9C Bliss abe Duluth Month of EARNINGS. July $ . (Concluded) ; 1 1920. S 191® 4,652,016 689,159 94,796 33,518 59,513 24,474 544,771 172,238 390,904 133,253 10,947 1456,902 5,807,845 703,528 1,015,017 75,297 3,037,591 136,196 75,368 35,280 6,579 109,034 88,975 27,542 22,9^1 2,070 53,093 798,625 436,250 174,804 35,555 579,283 557,531 1,202.471 98,827 3,481,838 1920. 1919. 671,577 119,213 5,422,708 1,207,623 176,609 238,711 16,707 618,445 855,384 135,383 120,802 6,566,525 2,522 423,510 9,274,921 11,642,916 1,334,411 1,039,421 918,555 1,072,340 15,141 19,262 2,054,484 2,066,448 47,654 Tot., incl. other rev. Expenses—Maint.way Maint. of equlpm't. 3,307,747 239,472 147,675 3,101 514,820 3,342,896 174,847 130,314 —-Jan. 1 to July 31 of July- 1920. $ —7Jan. 1 to July 31 ■Month of July 1920. 1919-„„ 1,027,144 101.178 56,719 Georgia & Florida Month Chicago A Erie 1919 $ 8,106,604 10,995,542 349,533 304.464 3,220,114 exp. Erie System Northern Jan. 1 to July 31 1920. $ 2,994,427 Traffic expenses & —- 1919. 1920. $ Freight revenue Passenger revenue... Transportation 7 RAILWAY EARNINGS Sept.. 1920 J 490,118 I 759,532 1919. S $ 191.236 141,064 13,825 358,134 Tot.exp.,lncl.oth. 929.445 754.917 4,652,630 4,164,921 1,088,490 754,118 5,776,154 5,048,330 236,730 111,622 1,284,881 743,171 Net from railroad Taxes (less war taxes). 2,378,302 167,943 2,587,979 168,249 4,622,291 483,482 7,477.994 101,266 27,678 790,370 280,454 759,515 -100,533 6,383 —22,646 4,200 '—486,856 398,9571 119,132 40,909 —185,640 29,419 26 6 406 86 4 5 248 780 2,210,359 2,419,729 4,138,776 7,079,037 78,196 73,582 509,509 547,819 —106,921 —26,851 —530,986 —215,840 2,205,674 2,419,398 4,155,880 7,157,790 -213,209 410 269 405 -27,182 348 -561,248 406 4,566—1,245,106 269 269 —112,164 412 —255,524 269 —7,968 406 405 348 Uncollectible 33 revenue. Net after taxes, Ac. Net after rents Aver, miles of r'd oper. New Duluth South Shore & Atlantic ■Month of July Jon. 1 to July 31 EARNINGS. S 358,954 140,280 1919. S 320,191 124,144 exp. 545,589 106,114 82,151 4,448 231,030 Tot. exp.,incl.oth. 1920. Tot., Incl. other rev. Expenses—Maint.way Maint. of equlpm't. expenses... Transportation % Net from railroad Jersey A New York 1920. $ 1919. $ 1,935,048 701,719 1,808,284 475,605 121,809 68,440 5,399 181,290 2,999,400 617,859 2,626,733 35,621 1,490,913 547,973 472,075 42,178 1,311,481 442,908 391,851 2,815,070 83,753 20,000 184,330 166,000 655,080 12,893 101,436 119,890 16,124 16,393 569,204 108,039 12,741 14,720 System Atlantic A St Lawrence RR 1919. $ 92,499 489,993 613,239 65,604 113,037 4,279 392,820 91,013 15,416 88,017 43,881 Grand Trunk —Jan. 1 to July 31- ■Month of July- 1920. 1919. 102,680 Freight revenue Passenger revenue Traffic 1920. 211,608 —Month of July1920. 1919. -Jan. lfo July311919. 1920. 85,480 49,416 1,236,817 1.641,026 250,688 252,539 154,019 1,654,48s 87,733 33,408 3,359 133,372 450.471 2,284,226 665,623 291,135 20,962 1,417,947 156,248 •' 59,241 756 641 60,956 58,359 712,746 79,498 120,969 8,910 433,997 2,473,478 96,411 88,299 659,512 590,049 275,829 281,732 2,102,520 2,803,906 153,254 143,002 553,235 23,479 19,739 4,050 53,233 1,927 23,190 24,250 —41,554 17,722 —127,712 14,500 —448,031 110,905 —519,679 83,500 15,363 234,274 66,150 61,006 2,424 134,148 422,195 19,225 1,072,212 Taxes (less war taxes). Uncollectible revenue- 25,000 143 58 244 118 3 12 24 Net after taxes, &c. 77,537 63,695 18,085 10,134 21,551 15,686 37,857 -1,083 -59,276 —142,212 —558,992 —603,179 Net after rents. Avei miles of r'd oper. 62,108 60,554 —90,754 —40,132 -2,150 23 -125,625 -104,489 -99,341 -152,691 -878,814 —453,186 47 47 47 166 166 166 166 Duluth -Month Freight revenue Passenger revenue ... ... Jan. 1 to July 31 of July 3,499,413 1,933,114 8,080,694 6,094,263 938,500 797,164 565,506 99,277 58,174 33,823 29,160 2,227 138,028 61,084 219,054 17,251 509,320 830,987 145,830 207,436 6,784 39.3,410 1.013.886 908,641 23,556 189,116 164,575 exp. 3,805 95,997 Tot.exp.,incl.oth. 199,199 150,256 1,243,983 -14,105 9,296 -1.576 8,306 126,322 73,535 1,113,163 206,699 expenses Net from railroad 652,880 1919. 1920. 1919. 1920. 117,835 125,033 25,861 657,748 180,223 11,203 19,140 940,687 2,922,904 1,002,416 1,095,622 55,913 2,823,165 194,904 19,337 26,638 2,162 104,476 63.132 121,843 187,608 10,121 531,822 5,436.576 5,160,704 157.067 96.454 876,773 688,472 2,644,118 933,558 258,033 37,837 4,596 83,769 4,279 63,913 31,127 441,636 29,963 $ 185,043 Jan .1 to July 31 of July 45,682 703,534 123,159 127,706 6,923 279,439 443,914 1,148,734 $ 1,370,305 233,419 273,223 24,204 Transportation 4,443,638 2,486,448 463,215 221,311 121.184 185,093 48,929 41,455 Month 1919. $ 1919. 148,526 26,181 $ Chicago Detroit A Canada Or. Trunk Jet. 1920., $ 1920. S 1919. 1920. $ 1919. 148,679 42,058 31,404 3,594 65,690 Tot., incl. other rev. Expenses—Maint.way Maint. of equlpm't. Traffic Florida East Coast ■Month of July -—Jan. 1 to July 31 Winnipeg & Pacific 1920. $ EARNINGS. 47 614 614 614 614 55 1,246,459 60,869 128.802 907 636,891 133,008 1,130,108 85,872 113,038 5,141 469,298 ( ' revenue. 59 90 316,499 2,568 974 2 20 3 Net after taxes, Ac. —23.461 -9,883 52,726 41.100 —47,564 76,853 2,325,049 674,551 33,238 79,489 32,765 411,669 -5,513 178 -13,536 75,198 69,445 764 2,042,392 696,206 6,845 77,963 -101,445 417,947 178 66,472 178 —70,857 178 764 764 62 62 62 63 Taxes (less war taxes). Uncollectible Net after rents Aver, miles of r'd oper. 60. Fonda Johnstown & East St Louis Connecting —Month $ Month Jan. 1 to July 31— 1919. s of July 1919. S $ Gloversville -Jan. 1 to July 31 1919. 1920. of July- 1920. 1920. $ 1919. s 1920. EARNINGS. 764 -Jan. 1 to July 311919. 1920. -Month of July 1919. 1920. $ $ % Detroit Grand Haven A Milwaukee $ $ $ 43,181 86,425 Freight revenue Passenger reenue 676,556 99,647 174,719 43.820 74,869 270,664 495,974 226,979 448,578 403,499 39,238 301,610 49,211 1,795,940 293,500 1,735,572 134,997 123,672 15.821 804,050 13,384 9,155 703,491 76,104 62,768 4,325 276,252 496,615 68,643 74,362 7,289 388,50V 13,748 2,420,636 409,605 567,630 38,030 1,634,208 2,271,668 270,026 386,564 21,239 1,216,668 280,958 2,014 823 Transportation exp. 92,643 67,293 722,197 94,809 204,108 1,946 563,430 443,148 43,283 51,649 91,267 77,080 3,499 284,597 279,812 43,851 65,609 3,614 186,661 Tot.exp.,incl .oth. 135,445 101,127 890,383 743,487 91.240 84.187 521,0-12 454,582 446,032 310,093 2,738,598 1,956,856 -20,854 2,864 17,972 -168,186 283,008 35,175 50,582 3,088 —317,962 4,900 248,908 34,300 78,411 18,064 43,756 5.075 39,484 2,000 —66,930 17,110 4,066 23,024 363 314,811 29,668 1,427 Tot., Incl. other rev. Expenses—Maint.way Maint. of equlpm't. Traffic 114,590 15,389 119.099 18,000 23,471 12,149 252 286 expenses Net from railroad Taxes (less war taxes) Uncollectible revenue_ 37 -23,719 15.972 —186.251 -84,041 38,681 34,584 247,833 214,608 47,456 74,345 —341,350 283,715 1,587 -279,647 -179,134 203,377 88 290,461 3 219,524 88 -741,349 3 32,396 88 69,211 3 35,030 88 -10,274 3 195 196 195 197 Aver, miles of r'd oper. Fort Elgin Joliet & Eastern -Month % 1,653,867 Freight revenue Passenger revenue 1919. 1920. $ 1,468,992 8,125,228 10,262,540 expenses Transportation exp. Tot.exp.,incl.oth. Net from railroad Taxes (less war taxes). ncollectible revenue. Net after taxes, Ac. Net after rents Aver, miles of r'd oper. 42 73 84 1,699,458 131,839 326,043 7,323 568,855 9,221,340 1,007,627 2,241,036 36,143 3,677,362 11,953,462 1,041,273 2,929,329 47,790 4,574,538 805,780 138,122 130,284 29,200 32,769 4,449 58,593 24,209 30,602 3,786 43,709 $ 712,035 212,144 996,219 245,932 248,572 29,900 426,720 $ 601,016 176,111! 834,116! 165,718 209,554; 25,593: 310,842 July- —- Jan. 1 to July 3l 1920. 1919. $ 1920. $ S 6.2'9.679 1,120,620 279,527 822,590 265,200 l,t94,781 1,498.542 1,148,216 136,890 8,458,919 1919. $ 5,745,434 1,451,030 245,268 1,113,206 2.447,233 11,615 477,486 3271804 332,976 25,304 770,938 129,905 4,302,549 7,666,911 846,959 1,562,601 74,499 3,173,917 1,058,563 7,146,618 8,770,040 134,433 110,178 1,013,113 759,848 1,515,060 8,343,486 5.901,191 369,833 54,504 640,894 64,623 Cr85 2,074,721 245,697 3,183,421 "37639 -16,893 5,000 35,000 74,267 35,000 —16,518 51,083 241,055 3/ .367 115,133 335,694 1,765,720 382,520 20,106 5,000 408 Cr 85 1 560 807 27 45 Cr78 1,875 315,329 576,356 1,828,615 2,800,986 -1,310 15.104 —52,454 38,459 —67,629 203,641 —220,182 1,502,947 114,153 535,850 831 705,335 2,548,743 827 7,040 17,384 -36,094 78,037 —280,240 157,859—1,710,332 980,018 253 253 253 253 350 834 Month & 833 of July- - —Month Jan. 1 to July 31 Jan. 1 to July 31- of July 1920. s 7,135,586 1,086,672 1,411,176 67,600 2,055,538 167,617 62,083 5,865 281,681 8,134,068 1,396,643 1,500,249 106,717 2,209,072 Freight revenue Passenger revenue— 907,939 677,957 235,357 169,138 Tot..incl. otherrev 1,210,507 Expenses—Maint.way Maint. of equipm't 186.316 214,580 22,605 896.157 272,465 196,070 9,882 322,611 $ 1919.1 1920. s 1919. s 6,022,420 1,547,110 1919. $ 5,522,817 1,246,145 1920. % -Month of 1920. $ s 7,549,805 2,066,252 484,943 168,908 5,530 10,780,786 2,731,107 168 31,847 816,959 225,884 23,024 2,750 255,929 189,861! 100,092 4,027,872 80,419 53,546 1,761 625 40,097 350 260,897 352 350 Great Northern Galveston Wharf Southwestern 1919. expenses 90,857 37,649 -Month of 31 1919. 1920. $ 92,556 29,924 Western Trunk 1,488,662 1920. $ Transportation exp. Grand Western 907,161 El Paso EARNINGS. & Jan. 1 to July of July 1919. 1920. 1,858,496 234,680 404,765 6,958 Smith $ 45 rev. Expenses—Maint.way Maint. of equipm't. Traffic Month —:Jan. 1 to July 31 of July1919. $ 1920. EARNINGS. Traffic ' -37,355 Net after taxes, Ac. Net after rents 'Tot., incl. other 1,072 1,865,515 Jan . 1 to July 31 July- 1919. S 7,365,972 44,570,526 41,798,267 2,049,630 11,051,913 10,591,696 1919. $ 1920. $ 65,021,221 57.498,930 14,571,590 11,050,081 1,452,644 12,960,352 10,804.880 64,894 594,752 391,010 3,661,020 26,983,673 24,627,909 10,226,746 1.510,691 Tot.exp.,incl.oth. 803,219 793,955 5,550,360 4,848,507 136,755 99,330 649,673 432,108 9,113,680 6,971.532 57,444,728 48,658,363 Net from railroad Taxes (lets war taxes). 407,288 102,201 48,363 2,583.707 622,903 2,287,079 381,082 1,667,105 801,143 39 621 436 3,255,214 282,192 645 7,576,493 5,396,846 81 167,286 119,200 4,383 51,934 87,500 Uncollectible revenue- 30,862 27,000 4,383 —18.911 100,414 8,840.567 3,038.250 4,243 Net after taxes, Ac. 306,791 53,799 1,960.181 1,905,560 -520 —34,311 43,703 -35,565 865.108 2,972.3/5 2,167,684 5,798,072 1.906,396 1,027 1.852,614 1,027 -10,630 -34,056 54,003 -35,572 2,900,708 13 13 13 1,304,317 8,175 4,033,985 8,175 5,544,605 8,251 Net after rents Aver, miles of r'd oper. 319,037 1,027 37,583 1,027 Erie -Month 1920. of July-— 1Q1Q ■Month 1Q20 IQIft 1920. S 853 Jan. 1 to July 31— of July 1919. $ 1919. S 1920. -Month of 1920. $ 2,190,599 71,908 18,746 7,460.646 1,475,716 5,813,240 41,901,089 37,454.576 1,417,286 7,574,330 7,714,471 344,946 160,447 300,987 157,922 2,451,905 967,011 1,015,979! 7,868,833 55.447,728 49,700,457 484,977 50,940 73,811 5,961 247,743 3,439,198; 367,668; *3,809.874 30,093,716 25.283.062 547,1,55 107,045 129,960 14,281 297,657 3,712,176 497,880 Transportation exp. 9,751,931 1,840,412 3,385.728 741,094 5,569,311 813,610 87,634 2,050,571 556,234 52,367! 1,683,085 98,889 19,287 23,156 2,034 40.757 ,incl .oth. 11,358,698 7,211,624 60,616.823 49,880.155 571,568 398,394 3,587,950 2,780,275 88.355 —179,697 1,781,622 13,271 —24,413 86,583 5,950 Freight revenue Passenger revenue— Tot.. Incl. oiher rev. Expenses—Main t.way Maint. of equlpm't. Traffic expenses Tot .exp. Net from railroad.. Taxes (less war taxes;. -1,606,767 247,583/ 974,540 8,229,632 2,117,503 1 9,493,203 73,871 650,292 657,209—5.169,095 269,475 1,729,401 1,093 22,110 5,999,354 16,485,109 431,665 124,225' 41,650 658,922; 42,650 20 5,950 8,244 Green Georgia - —-Jan .1 to July 31 i - 13 System Erie EARNINGS. 15,400 11,962 Bay & Western July-—• 1919. $ 65,473 17,914 88,005 20,347 25,083 — Jan\ 1 to July 31 1920. % 503,330 128,211 684,121 152,091 1919. S 506,911 113,725 661,479 138,381 168,187 7,909 41,540 165,814 8,556 308,727 297,482 89.709 654,789 625,160 10,534 -1,703 29,331 36,318 6,824 4,390 47,992 30,731 945 54! revenue. 484 Net after taxes. Ac. -1,854,834 386,640—6.920,607—1,974,591 -30,363 80,633 82.555 516.2181 3,710 —6,094 —18,660 5,587 -1,534,536 1,989 380,497—6.119,929—2.065,505 1,989 1.989 1,989 -32,549 91,314 —3,501 685,723; —5.461 —9,900 4,853 328 328 328 3281 5,/64 252 252 252 252 Unc ilectible Net after rents Aver, miles of r'd oper. RAILWAY EARNINGS 8 Gulf ■Month of & Kans City Mex & Or Ry Ship Island July -Month of July —-Jan. 1 to July[31 1920. $ 1919. Freight revenue—... Passenger revenue... 163,477 64.215 162,778 1,140,625 62,046 Tot,, incl. other rev. Expenses—Malnt.way Malnt, of equipm't- Transportation exp. 245,824 84,023 56,085 6,495 97,823 Tot.exp.,feci.oth. 1020. I [VOL. 111. ' Lehigh & of Texas New England ■Month of July Jan. I to July 31- 1919. $ —-Jan. 1 to July 31 1920. 1919. 424,244 1,509 298,877 334,858 947,469 313,248 122,840 24,631 77,215 17,024 741,735 152,135 1910. S 459,791 89,857 237,417 48.811 52,683 4,098 83,091 1.625,317 457,710 382,324 37,149 664,705 1,368,093 376,696 314,301 26,423 581,170 154,847 80,028 58,185 4,227 87,193 98,732 36,864 36,970 1,377 58,522 975,964 447,466 325,733 23,112 550,908 585.278 239,445 278,634 9,496 416,886 444,769 64,966 76,433 2,496 155,151 258,633 200,215 1,629,505 1,364,524 235,681 142,761 410.027 997,701 311.708 —4,187' "3T5B9 133,241 45,269 34,905 133,061 15,453 Uncollectible revenue. 11 173 184 75,067 267 -44,028 5,000 —412,422 39,381 -80,834 6,925 -434,062 Taxes (less war taxes). 37,202 12.206 327 -71,765 1919. 1920. 2 EARNINGS. Traffic Net from expenses- $ railroad 1019. Net after taxes, Ac- -52.201- 24,822 —137,613 Net after rents. Aver, miles of r'd oper. 33,541 307 & Northern 36,675 503,550 295.785 34,537 234 569,665 296,602 229 229 230 1,217,163 1919. 963,161 296,700 269,955 225,762 1,586,722 390,822 36,008 705.777 1,286,013 181,908 258,807 3,285 529,054 10,290,014 1,613,325 2,298,469 1920. 7,763.520 1,665,547 4,037,261 5,731,595 37,577,070 35,056,878 6,319,131 5,180,240 891,744 1,307,813 11,687,456 9,522.285 447,203 46,718 293,325 2,376,412 22,679,341 16,608,332 8,578,461 7,198,464 7,322,626 4,761,402 42,210,186 32,487,933 218 1,519 1,055.731 456.534 3,511 -714,997 61,250 1,711,553 470,316 15,154 221,540 1,239.717 584,685 1,540 216,48? 931,700 454,354 779 774 779 774 Tot.exp.,incl .oth. 452,301 1,498,137 irrm 30,973 -260,384 -24,657 283,009 14,175 11,627 93,876 77,550 5 2 446 283 88,584 73,300 136 -191,699 19,343 -354,705 —102.491 -179,965 470 MB -374,002 89,799 424 469 424 281,003 ■.' $ ■ Freight revenue Passenger revenue 126,733 — Tot., incl. other rev. Expenses—Malnt.way Maine, of equipm't- ' Traffic expenses... 1,120,0,54 1,282,183 — Transportation exp . $ 1 1920. S 6,748/36 720.404 120,396 1,523,062 220,600 790,985 8,554 668,038 1,321,945 103,274 333,059 5,975 387,391 31- —Month of 1919. $ 4,816,726 649,975 July Jan - 1919. 1920. $ 115,811 24,121 155,584 1,027,096 3,127,249 64,875 3,204,761 5,8^0,239 718,116 2,069,083 41,859 2,101,384 7,972,580 209.828 1,382,000 1,158 2,568,944 1,063,100 1,459 —921,012 786,494 -6,016,263 1,504.385 -830,651 1,435 900,160 -5,809,905 1,435 1,435 1,471,004 1,435 182,750 15 949 Los Angeles 1 to July 31— V 92,844 18,645 19,550 4,964 71,980 8 s 856,763 599,927 ,-f. S . 1919. $ 1,292,689 531,431 899.794 330,444 6,945,635 3.190.570 6,787,890 2,365,832 11,209,024 1,419,356 2.123.571 9,699,303 1,701.430 2,044,940 125,326 3,260,949 155,237 691 Salt Lake 1920. S ' 116,340 1.118,258 150,174 116,960 15,318 363,470 81,370 & Jan. 1 to July 31 Month of July 1918. 1919. S 1919. 1920. 121,263 23,038 25,842 26.041 . 970,193 -4,633,115 206,000 Texark&na & Fort Smith Hocking Valley —Jan. 1 to July $ 6,607.629 1,252,712 2,062,836 87,753 3,698,075 1,003,004 1919. 1919. 8,243,195 1,575,067 1,876,278 114,923 3,455,468 1,520,036 of July- 1920. $ 4,587,025 30,233,169 27,879,845 705,079 4,051,917 3,872.799 2.341,818 Month $ 5,322,758 775,350 220,404 1920. Jan. 1 to July 31 1919. S 1919. 6.297,419 1,323,713 Transportation exp. | 1920. Jan. 1 to July 31 of July 1920. 1,495,379 318,911 377,076 36,871 721,043 " ——Month of July——■ Kansas City Southern Month $ 1.121,433 731,740 512,104 70,903 928,369 EARNINGS. Lehigh Valley City Southern System 2,081,435 Net after taxes 57,810 135,421 251,377 48,111 49,036 5,284 108,047 Net after rents Aver, miles of r'd oper. 353,59^ 117.608 274,783 182,106 97,239 12,852 141,749 Taxes (less war taxes). Uncollectible revenue. 1,550.641 599,935 96,385 465 Tot., Incl. other rev. Net from railroad 1,921,006 44,055 7,380 —447,330 1,526,160 387,017 expenses— 268,673 ' —453,765 188,234 52,333 Traffic 1,904,237 296,604 449,259 17,798 721,465 —474,078 465 190,240 65,572 Malnt. of equipm't. 2,520,941 331,195 540,353 36,292 926,094 —479,659 Freight revenue Passenger revenue— Expenses—Malnt.way 312,729 39,793 97,402 1,885 119,186 -49.028 Kansas 1920. S 1,786,410 11,062 —49,431 465 465 -Jan. 1 to July 311919. ■Month of July1919. S $ 1920. EARNINGS. ■ S 1,360 2,402,113 14,461 -87,759 307 307 Gulf Mobile ' 1920. % -87,757 —85,512 307 1920. % 792,146 142,337 141,505 7,559 373,480 1,985,934 144,606 405,373 44,641 771,112 1,313,207 234,373 275,052 16,509 462,133 181,346 4,038,550 851,570 7.655,437 5,076,448 131,791 133,556 686,220 682,653 1,491.456 1,061,803 8.377,870 7,596,677 75,975 470,375 Cr21,717 317,143 484,203 773,791 311,282 4 ,164 23,792 8,069 -12,293 Taxes (less war taxes) Uncollectible revenue- 432,038 80,010 109,493 46,518 494,477 97,924 251,404 71,597 2,831,154 563,859 33 13 54 56 Cr 17 434 812 2,102,625 472,717 1,227 Net after taxes, &c. -290,409 492,092 —167,060 458.345 15,689 —18.765 351,973 62.419 396,570 179.372 2,266.482 1,628,680 Net after rents Aver, miles of r'd oper. -269,225 350 496,888 350 629,296 350 597,650 -5,000 350 93 -10,652 87 249,284 93 87,668 i. 87 368,759 1,168 138,603 1,168 2,146,008 1,168 1,421,936 1,168 Tot.erp ..incl.oth. Net from 1,737,575 —21',513' railroad Central Illinois ——Month EARNINGS. -Jan. 1 to 1919. 1920. $ Freight revenue. Passenger revenue ... Tot., incl. other rev. Expenses—Malnt. way Malnt. of equipm't. 1920. $ $ 6,458 Kansas July 31 —Jan. 1 to July 31— 1920. 1919. 8 $ $ 69,055 18,560 -13,529 11,316 Cr8 697,763 120,535 -33,340 79,642 114 46 458,449 328,920 110,297 114.459 54,715 843,505 615.242 68,397 20,150 9,771 198,370 133,447 141,050 6,762,2.50 4.156,272 15,765 5,618.165 2,846,675 12,005 23,383 27,350 Net after taxes, &c. 14,294 799,731 2.590,212 2.759,484 -3,966 48,247 Net after rents Aver, miles of r'd oper. 425,018 4,799 768,430 5,144,671 4,799 2,716,966 4,788 188,675 244,698 27 27 436,669 /4,784 6 Terminal Illinois Month of July1919. $ 8 Jan. 1 to July 31—— 1919. $ $ 51 23,390 551,284 ' 50.494 -24,837 577,114,-113,030 1,252,050 1,411,143 -25,221 302 131,267 26 49,995 302 525,805 27 302 302 Lou*? & Gulf —Jan. 1 to July 31-— 1920 1919 -Month of July 1919.• 285,921 -7,653 Formerly Missouri Oklahoma 1920. 36.049 —188,605 Kansas Oklahoma & Gulf 1920. 1920. ana Railway & Nav Co —Month of July1919 1918. $ 8 Jan. 1 to July 311920. 1919. $ 8 27 173,059 27,860 104,676 19,007 1,110,867 161,732 576,190 120,875 255,562 46,858 245,494 35,064 1,853,440 293,877 1,618,008 247,140 548,913 211,065 49,047 46,992 3,335 96,132 130,751 65,578 47,514 1,612 1,344,029 318,841 361,752 16,572 741,193 356,621 326,335 12,506 472,090 321,863 92,638 52.275 8,036 155,898 297,405 84,388 62,571 2,924 103,950 2,287,678 590,605 399,812 40,655 1,036,506 1,979,866 560,051 376,844 25,855 971,146 100,789 75,617 531,675 538,741 107,855 3,720 78,431 563,699 3,857 7,677 27,061 revenue. __ Tot., Incl. other rev Expenses—Malnt. wa Malnt. of equipm't. 1,228.088 24,711 2,440 Passenger 1,648.483 60*816 1,238,840 Freight revenue 192.288 84,423 46,557 4,644 495 EARNINGS. 256,603 166,310 689,172 674,382 $ 901,049 250,794 3,139 68,991 748,690 102,824 Net from railroad.— 39,602 1,194,747 324,718 853,276 138,334 211,865 10,956,966 1919. .,884,275 350,158 5,346,247 465,940 321,231 31,432 774,338 123,112 16,653 11,444 Tot.exp.,Incl.oth. Taxes (less war taxes) _ Uncollectible revenue. 178,759 77,980 137,842 17,661 29,654 Transportation exp. expenses— 325,659 59,379,932 10,357,674 15.896,617 526.173 25,169,446 9,026,105 77,426,152 1,529,874 13,966,914 2,334,368 20,764,674 75,041 677,774 3,609,902 32,899,133 3,009,263 92,005 4,988,214 Traffic 133,967 7.787,264 70.663,902 53,761,767 11,646,138 2,512,947 July 31- 1920. S 260,873 52.479 6,335,366 55,235,308 41,658,848 2,079,253 14,737,304 13,542,263 8,243,019 2,396.939 1919. $ $ Arkansas -Jan. 1 to —Month of July 1920. 1919. 8 1920. & Louisiana City Terminal —Month of July 1919. $ 24.537 ' 20,110 135,640 24,742 64,851 5,080 131,119 75.655 695,904 Tot.exp.,incl.oth. 44,118 33,630 264.651 235,922 204.370 198.383 1.457.930 1.218.596 319,905 261.999 2.146.239 1,988.013 Net from railroad.... 63,736 312,991 10.260 6,1694 8,000 -67,631 8,500 —477,403 59,516 1,957 14,000 35,406 141,439' 1.116 249,047 7,981 -113,901 Taxes (less war taxes). 44,801 1,198 14,000 98,000 9 3 19 533 39 15 —8,177 98,000 148 Traffic 9,657 707 625 expenses... Transportation exp. 62,495 5,008 Uncpllectible revenue. 2 77,565 185 121 Net after taxes, &c. 62,620 43,603 291,056 302,728 -1,325 -76.133 —191,652 —537,453 -12.082 21,390 43,318 —106,326 Net after rents. Aver, miles of r'd oper. 54,233 2,243 44,884 1,857 272,208" 298,226 12.338 3,294 -76,248 -31,492 —167,163 332 343 21,365 348 —86,049 332 -248,570 329 -538,620 329 343 348 International & 1920. $ - Freight revenue...— Passenger revenue 1,152,726 310,887 Tot., incl. other rev. Expenses—Malnt.way Maint. of equipm't. Transportation exp. 1,575,976 1,247,602 423,797 24,486 776,796 Tot.exp.,incl.oth. Great Northern Jan. 1 to July 31 ■Month of July EARNINGS. 11,262 1919. 1920. 80*1.943 —Month of July 1920. 1919. 1919. $ % $ Month of July Jan. 1 to July 31— 1920- 1919. $ - 1919. 8 1920. $ $ & Louisville Lake Terminal $ Nashville Jan. 1 to July 31— 1920. 1919. $ $ 306.014 7,000,180 1.896,788 5,642,622 1,794,214 160 160 1.740 1,220 1,172,190 255,744 291,743 12.113 534,566 9,837,675 2,119,138 2,516,674 136,642 5,236,379 7,929,953 1,892,036 2,068,028 87,038 4.029,042 121,058 23,483 26,857 90,635 631,606 72,765 31,919 731,543 117,756 194,324 75,216 63,067 499.471 390,891 5.226.970 1,543,509 1,144,513 10,385,260 8,400,182 125,602 110,348 811.954 660,817 11,016,870 7.271.972 66.271.219 27,676 29,999 —470,229 209,999 -19,713 4,811 -80,411 -29,211 1,622,946 40,972 34,905 -522,385 302,610 2,546,316 2,061,494 Uncollectible revenue. 264 8 -547,585 220,002 4,135 -4,543 Taxes <less war taxes). 32,466 25,000 Net after taxes, Ac. 7,201 -2,409 771,723 —681,137 -10,304 -24,524 —121,382 —6,211 -1,166,650 1,159 1,159 879,192 -11,508 -27,012 1,159 12 11 Traffic expenses — Net from railroad Net after rents. Aver, miles of r'd oper. -11,929 1,159 Kansas Month Earnings- 1920. $ Freight revenue.. Passenger revenue Jan. 1 to July 31- 1919. S 1920. $ $ 700,566 532,289 21,396 125,804 119,282 137,297 38,451 36,378 63,962 890,944 305,856 306,731 23,354 494,198 683,271 286,434 275,195 9,173 Transportation exp. 148,615 41,696 55,569 3,980 96,720 Tot.exp.,incl.oth. 206,994 147.052 1,194.657 -58,378 7,700 -9,754 6,250 —303,712 Malnt. of Traffic equipm't. expenses Net from railroad. Taxes (less war taxes). Net after rents.. Aver, miles of r'd oper 8,894.919 68,817,535 59,354,090 1,329.670 12,473.042 9,345,515 1,995,018 18,892.334 15,505,800 131,430 1,172,340 789,880 3,582,180 31,712.861 25,304:625 260,770 961 —64.116 -825,032 -142,941 -110,348 12 11 —650,014 5,040 Jan. 1 to July 31— 1919. 1920. $ J 6,877,667" 1,783,377 3,116 6.762 1.361.214 481.705 5.087.527 1,281,110 5,013 1,825,0/6 5,040 4,8/6,874 •5,013 Louisville Henderson & St Louis Hudson River 1919. ,, 52.476,422 £ ■Month of July Janl 1 to July 31- 1920 S 1919. $ 1920. 148,519 74.852 1,154,772 234,334 44,755 30,836 .5,577 91,252 1,714,820 415,840 1919. $ $ 261,784 4,130 224,249 3,912 1,341,761 25,371 1,339,966 26,500 176,490 234,907 28,973 43,713 1,814 80,673 1,461,109 190,483 304,838 11,716 754,459 1,419,312 176,964 325,640 11,363 622,547 261,111 406,134 274,089 29,980 44,031 1,700 146,895 1.026.836 231,349 161,401 1,313,467 1,176,590 198,401 179,660 1,324.809 1.344,170 -343,565 43,800 42:740 8,600 73,505 5,400 147,642 60,551 242,721 53,195 390,011 22,927 323,810 28,000 19 1 29 18 62,709 7,214 Cr54 54,673 4,000 48 1,729 Uncollectible revenueNet after taxes, Ac. Lehigh & 1920. S 110,791 Tot., incl. other rev. 10,494,484 2,310,527 2,993,386 172,319 35 5,760 —Month of July 1919. 118,739 22,355 Expenses—Maintiway 195,683 6,411,033 48,940,679 42,129,708 2,066,261 14.151,29$ 14,135,016 908 City Mexico & Orient RE of July 14,310 7,444,044 2,399,629 35,700 70,937 66,070 31,326 5,485 87,326* 1,156,536 443,234 410,087 218,725 33,905 597,444 33 1,667,980 346,256 238,971 42,763 . 664,306 458 —66,078 —16.004 —357,676 —387,385 34,139 68,105 87,061 207,003 55,549 50.640 367,082 295.351 —66,256 272 -15,300 -359,928 -347,593 -14,366 58,118 -72,067 114,385 52,323 52,303 307,693 232,282 272 272 272 96 96 96 96 199 199 199 199 Sept., 1920.] RAILWAY EARNINGS Maine Central Month of July1919. S S 1.045,270 896,636 568,754 495,834 EARNINGS. Freight revenue Passenger revenue Tot., incl. other rev. 1920. S 3,560,488 777,798 979,972 40,378 1,356,962 .2,967,075 21,542,434 18,577,000 496,720 4,189,498 3,589,045 779,773 6,154,325 5,413,728 30,534 256,968 181,833 942,369 7.906,620 6,576,978 137,445 25,084 107,873 26,062 32,676 40.843 12,102,214 10,059,716 3,281,233 2,343,017 147,059' -380,694 529,362 279,254 122,299 624,058 90,326 164 61 459 237 -70,802 -1,836,680 —910,118 156,495 —69,652 -1,954,754 -1,068,718 1,216 1,216 1,216 —717,176 95,741 , 296,932 1,715 4 Net after taxes, &c- -812,922 Net after rents Aver, miles of r'd oper. 19 -816,713 1,216 Midland Valley Month of July1920. 1919. $ S Tot., incl. other rev. —Jan. 1 to July 31 1920. 1919. 265,226 105,247 EARNINGS. Freight revenue Passenger reenue 223,747 83,616 1,730.521 692,620 551,175 385,963 314,297 73,258 53,120 3,512 2,552,707 667,365 518,112 23,893 2,188,843 460,581 $ S 1,558,263 14,764,589 13,085,470 4,710,160 4,516,333 688,772 19,336,549 —102,884 63,049 546,746 1,713 2,166,703 1,846,523 1,714 —37,753 —36,281 —236,344 7 37,582 1,715 Jan. 1 to 1920. $ S 1,253,836 648,580 146,383 67,057 183,314 50,283 1,048,670 339,820 240.333 2,389,772 37,204 5,572 88,544 92,164 1,454,662 316,882 303,771 28,831 592,697 1,295,219 267,844 43,775 148,403 6,860,279 17,383,526 12,820,703 209,084 177,574 1,314,640 1,216,714 —15,654 -1,880,393 47,827 416,977 639 2,798 576,510 338,381 3,764 15,859 12.188 Cr24 62,759* 140,022 8,531 82,885 31 37 78,504 67,860 2,868 49,917 6,786 201.890 430,172 —520,867 50,284 367 48,487 1,148 59,583 43,035 151,238 380,536 -580,674 33,551 131,599 317,910 388 -849,766 1,739 388 388 Mineral Range —Month of July 1920. 1919. EARNINGS. $ 50,571 301 322 Expenses—Maint.way 53,087 16,185 Maint. of equipm't- 18,222 43,100 19,325 17,549 Tot., incl. other Traffic - rev. _ 54,196 57,099 7,775 22,056 46,544 1,796 137,948" 13,503 284 284 284 1,(755 9,262,785 1.840,890 Pacific Jan. 1 to July 31 1920. $ ■Month of July 1919. 44,588,750 34,983,183 11,805,699 11,417,062 7,741,548 62,838,291 49.781,248 2,172.759 159,240 3,820,735 1,543,273 1,548,433 83,995 3,117,238 1920 201,378 43,187 1,095,231 281,884 754,951 239,346 12,303,901 10,000,466 14,035,300 11,568,956 932,947 573.174 25,782,675 21,672.753 251,228 89,362 53,567 7,038 93,583 171,488 45,315 36,299 1,446,129 1,060,637 408,819 3,101 56,572 280,672 32,058 481,892 266,993 256,447 18,539 377,871 977,299 131,204 2,067 206,814 65.045 65,542 451,359 509,922 8,306.727 6.536.580 55,089.844 45,477,174 254,781 151,079 1,262,399 -22,442 3,500 -79,483 26,200 -51,160 25,000 956,058 279,393 1,204,967 263,015 3,659 7,748,446 =3urn 12,166 20,409 10,000 16,212 4,304,073 1,857,725 19,409 183,729 82,833 8 13 91 10,396 100,804 13,278 18,03d -45,949 417893 191 191 191 4,100 22 22 900 1,831,241 -16,081 -25,942 —105,706 -76,160 675.864 938,293 5,900,992 2,426.939 —15,727 -10,660 -24,374 —62,046 —63,604 101 101 101 799,881 7,301 3,130,898 7,299 1,912,902 7,135 —40,512 101 302,307 7,299 , Minneapolis & uainneap -Month of July1920. 1919. $ EARNINGS. 1,0$),991 St Louis ■Jan. 1 to July 311919. 1920. % v, $ Monongahela Connecting —Month of July 1920. 1919. * $ Jan. 1 to July 31— 1920. i 1920. 19197 $ 191 $ 1919. S 237,001 5,251,966 1,568.971 1,128,932 163,740 250,791 11.164 509,102 9,009,814 1,661,284 2,411,087 120,271 4,723,550 7,150,685 1,317,224 1,850,442 72,284 3,617.399 254,661 exp_ 1,328,867 388,740 365,629 19,692 801,416 119,604 59,913 801.974 504.365 71,190 34,555 4,619 78.379 Tot. exp.,incl.oth. 1.615,994 963,767 9,172,928 7,054,951 195,844 141,948 1.303.362 1,082.477 196,798 -287,127 66,767 165,164 58,816 13,370 -6,909 464,466 356,818 ncollectible revenue. 50 1,150 -163,113 411,446 1,071 95,733 _ -114,769 15,411 Net after taxes, &c. -353.945 114,998 —575.632 -264,366 -333,506 1,646 114,081 1,646 -521,046 1.646 -271,444 1,646 revenue Tot., incl. other rev xpenss—Maint.way. Maint. of equipm'texpenses Transportation et from railroad axes (less taxes) war et after rents ver. miles of r'd oper. Minn 49,016 St Paul & Sault Month of July- EARNINGS. reight revenue 1920. $ 2,950,659 990.476 32,490 135,038 24,246 50,974 561 544 1,767,829 200,300 252,213 3,922 1920. $ 1919. $ 45,445 32,977 7 -8,430 967,707 160,656 364,469 3,617 120,726 343,740 -Month of July—— 1919. $ $ 1920. 17,010,429 143,476 136,762 33,222 67,743 Transportation exp. Tot.exp.,incl.otb. 3.304.689 2.830,195 21,363,668 149,895^ taxes). 1,000,263 279,083 1,045,555 181,516 3,135,772 1,949,042 3,734,568 1,306,279 revenue- 16 333 2.193 Net after taxes, &c. 721,163 863,704 1,184,536 2,426.883 -1,816 —3,465 786,531 4,243 797,977 4,243 1,110,053 4,243 1,908,278 4,243 m? 39,714 56 ncollectible et after rents ver. miles of r'd oper 4,829.428 19,121,005 Mississippi Central ■Month of July1919. EARNINGS. reight 1920. $ 57,711 revenue assenger revenue Tot., incl. other rev. xpenses—Maint.way 28,905 90,847 Jan. 1 to July 31 251,222 18,950 18,900 19 $ 1920. $ 665,874 8,996 701,965 192,296 -84,114 118 ■Month of July- 1919. $ 648,715 10,247 . 695,906 192,814 404,431 9,142 183,341 Jan. 1 to July 31- 1920. $ 1919. S 234,477 350,706 155,284 2,413,476 1,241,820 1,948,497 87.3,929 3,972,851 758,529 77,396 1,529,502 2,987,984 498,617 504,567 38,557 892,248 200,450 476,599 239,892 846,637 836.543 636,109 319,968 3,508.334 2.044,976 -144,671 -140,637 -159 509 207,848 2,613 464,5l6 2,551 16,945 16,296 12,300 10,000 6 943,008 70,000 192 Cr4 81,100 1.594 -161,617 -166,989 -172,002 197,853 381.822 872.646 94,245 95,003 4027780 1817493 .' 56 54 39,236 548 728,756 548 1920. -Jan. 1 to July 31 1919. 1920. $ % 1,107,603 492,722 2,989,462 2.059,014 1,677,520 13,854,230 626,081 734,713 73,614 1.285,983 262,058 375,404 33,155 733,230 9,612,747 548 6,969,408 3,055,315 19,127,547 9,501,427 16,082,434 110233,994 102615,910 9,072,347 51.102.549 47.652.815 2,411,764 3,847,098 379,975 6,215,056 10,738,918 1,974,755 2,849,821 227,364 4,939,177 32,579,679 28,185,031 191946,209 169998,640 5,303,688 3.482,033 30,035,185 22,655,574 11,523,866 5,174.907 53,908,704 36,622 638 346,421 277,725 1.886,672 1,550,826 14,978,283 10,146,611 95,531.173 73.235.332 33.570.940 20.095,935 189849.790 140964,378 123,447 100,269 834,762 643,962 2.803,669 1,453,798 13.287,499 10,362.813 -32,600 3,335 3,325 -284.282 5,446 566,731 8,089,09.') 50,000 192 997,344 m 200 304,500 1,410 376,105 350.000 =99L261 23,275 -744,654 42,500 57 2237722 29.615 1,882 1,429 1,032,515 2,057 -37,600 -182 —314.059 -88,921 -787.212 173,659 260,820 24.222 -1,990,036 -22,542 3,117 -232,276 —67,715 164 =183,572 3.510,588 164 164 496,010 1,247 173,657 164 -750,001 1,247 1,247 6,069 et from railroad axes (less taxes). war ncollectible revenue- Net after taxes. &c_ et after rents ver. 5,000 miles of r'd oper. 37,263 Missouri & North Arkansas -Month of July1920. 1919. $ $ EARNINGS. . 82,073 682,043 60,193 44.800 310.685 200,196 62,143 36.460 134,808 1,104,541 405,014 Transportation exp. 2,504 66,666 1,654 68,799 Tot.exp.,incl .oth. 175,714 172.865 24,481 >5,892 -38.057 6,241 revenue Tot., incl. other rev. xpenses—Maint.way Maint. of equipm't. Traffic expenses et from railroad axes (less war ncollectible Net after taxes). et after rents miles of r'd oper 528.392 257,107 Month of July 1919. $ 1920. $ 150,929 11,318 Jan. 1 to July 31— 1920. 1919. $ S —Month 117,451 8,817 996,308 70,139 842,616 18.589 71,440 25,406 131,950 1,108,512 194,798 183,132 952,210 7,135,02! -6,654,871 22,419,463 6,075 6,069 6,075 of July- Jan. 1 to July 31 1919. S 1920. 244,912 1,654,382 4,043 2,321 1,858,820 372,560 439,244 23,630 722,856 1,598,325 1,278.890 260739? 3757491 495.965 35,700 1.217.160 1.242.022 95.646 -112,618 41.945 —403.865 44,627 173,307 8,360 33 961 44,534 4—154.598 —449.454 64.946 25.192 346 626 212.737 28.883 324,164 166 197,718 12,879 245 123,137 701.821 605.515 251,*703 181,633 48,511 406,691 60,065 ^46695 l!§Tdo3 63,27(1 133,957 10,719 8,500 137.141 90,876 83,439 31,013 52,085 1 49,894 —198,406 —503,596 ""61.889 21,864 364 365 364 365 165 168 168 S 291,306 52,531 62,245 - 6,128 283.431 23,318 1919 3 1,622,377 141,600 158.646 6,354 267,538 22,582 22.719.957 216,462 22,106 2.5,659 19,395 723 33,347 19,702 7,833 7,054,523 -5.404.621 3 259,719 168,954 30,834 23,012 882 240,043 29,034,261 6,306,470 22,358 1920. 838,156 461.604 269,918 12,893 438,437 58,770 35.588 2,096,919 7,479,182 Cincinnati Northern 235 revenue- taxes 1,247 Nevada Northern —Jan. 1 to July 31— 1920. 1919. $ $ 113,375 reight revenue assenger 62 361 New York Central RR —Month of July Jan. 1 to July 31—1920. 1919. 1920. 1919 1919. S 548 977,147 New York Central System exp. Transportation $ —913 144,976 18,393 Tot.exp.,Incl.oth. equipm't. expenses 1919. $ 79g 1,914 27,847 201,153 58,761 14,685 2,481 38,068 Maint. of Traffic ver 1920. 137,676 330,156 7,941 249,433 578,515 137,300 215,417 8,731 241,793 354,740 192,656 550,479 238,277 234,981 14,374. 289.070 77. I St Louis Brownsville & Mexico $ 1,416,519 503.650 356,077 149,815 3,957 527,816 95,856 69,653 9,264 127,096 Month of July 1919. $ 103,604 22,923 32,757 1,531 714,392 2,700 118 Nashville Chattanooga & St Louis 1920. * 54,700 37,298 936,500 41 2,850 140,714 —-Jan. 1 to July 31- 54 war d —53d 118 1.405 (less 113,619 13,0ld Montour 45,139 53,157 1,136 40,698 axes 19,807 436,540 718,349 190,345 140,388 12,448 335,184 -15,019 6 150,692 et from railroad 172,254 268,296 232,253 -168,142 3,875,750 24,499,441 22,855,574 591,480 4,545,681 3,522,751 632,046 4,661,593 4,898,965 24,168 261,198 166,444 1,456,341 11,081,489 9,887.543 expenses 1,187,722 17,913 2,111 51,893 —2,293 7 1,185 Traffic 114,035 35,904 $ 515,382 168,005 -25,636 118 297,577 4,421,185 839.910 212,882 —3,388 6 4,304,953 878,019 610,769 43,456 1.644,212 revenue Tot., incl. other rev .xpenses—Maint.way Maint. of equipm't. 196,259 1919. 919,077 —130.181 —7,582 126,807 1,084 assenger 59 8 1,520 Ste Marie 2,797,342 17,113,445 77,849 30,915 3.281 Jan. 1 to July 31- 1919. $ 155,431 34,144 34,925 1920. $ $ 6,803,346 1,542,454 . 83,337 70,000 I1 Beaumont Sour Lake & Western Month of July ■Jan. 1 to July 31 833,312 245,965 revenue Traffic ■Jan. 1 to July 31 1919. 1920. 122,790 42,453 362 miles of r'd oper. assenger System New Orleans Texas & Mexico 1919. $ 5,383,925 1,867,094 2,015,946 284 N Orleans Texas & Mexico 27.233 revenue- Net after taxes, &c_ reight 3,695 285.528 29,128 Net after rents ver. 234,365 4,539,772 -11,958 exp Tot. exp.,incl.oth. 4 371,876 103.534 -2,300,169 1,796 298 Net from railroad Taxes (less war taxes) Gncollectible ' 6,487,153' ' 294,212 16,330 577.655 -186.170 Month of July 1920. 1919. $ $ 437,786 2,939 2,102 2,028 458,761 80,859 152,081 2,993 266.768 expenses Transportation 355.460 36,911 940,861 297.572 —64,121 Missouri ' —Jan. 1 to July 31 1920. 1919. $ $ $ 38,546 Freight revenue Passenger revenue ' -128,587 ——Jan. 1 to July 31— 1920. 1919. 222,944 55,509 -121,397 7,183 -134,756 388 Month of July 1919. 1920. 4,256,741 2,041,559 Aver, miles of r'd oper 7 New Orleans Great Northern 8,193,951 1,293,784 Net after rents 7 13,397,214 2,791,293 2,640,451 224 ' ' 54,756 8,828,734 5,077,186 814,078 95 7 : % 1,758,670 6 July 311919. 1,023,815 revenue- 117,806 —32,044 2,350,817 Net after taxes, &c_ 831,232 —44,218 58,665 —21,458 122,803 Uncollectible —9,6l! 1,572.231 264,380 _ 4507981 1.431,296 507,360 Net from railroad Taxes (less war taxes) 587,1 n 956,490 533,494 exp- 16,569 627484 133,226 84,688 2,855 Tot. exp. ,incl .oth. Transportation 383.700 949,038 143,180 211,239 —25,352 6,691 ■Month of July 1920. 1919. 2,119,584 771,122 418,971 35,929 110,269 228,478 11,845 Missouri Kans & Texas Ry of Tex $ 1,150,045 742,433 912,272 631,060 1,165 771,732 175,534 113,676 4,028 187,416 Maint. of equipm'tTraffic expenses 16,372,542 '2,205,885' '2,204,457 2,025,905 15,503,132 507,609, 4,149.771 403,475 3,263,571 24,173 205,093 1,010,640 8.979,340 Expenses—Maint.way Jan. 1 to July 31 1919. $ $ 1920. 9,679,022 1,770,321 2,223,135 83,581 5,716,152 1,517,717 _ —Month of July 1920 1919. S S 2,743,892 1,432,093 revenue- $ 2.137,452 1919. $ 10,909,888 2,269,758 2,767,209 87,216 6,620,289 2,472,133 Uncollectible $ 2.498,981 771,973 Newburgh & South Shore Jan. 1 to July 31 1920. $ 4,839 -1,192.235 75,623 644,190 1,754,956 416,770 510,138 18,483 exp. Transportation Net from railroad Taxes (less war taxes) —- 1920 6,311,567 2.660,564 Tot.exp.,Ind.oth. Maint. of equipm'tTraffic expenses Month of July-— 1919. 1919. S 7,186,657 1,522,556 313,763 335,166 19,016 806,635 Expenses—Maint.way Missouri Kansas & Texas RR Jan. 1 to July 31 1920. 9 . ■71,809 - 1.489,626 123,526 266,295 372,071 15,867 590,186 58.500 8 152 54.779 188.677 316,839 46,043 =133,841 251 2517657) 249 251 [Vol. Ill RAILWAY EARNINGS 10 ■Month of July1919. 1920. EARNINGS. — 1,908,155 Tot., Incl. other rev. 7,697,772 Expenses—Maint .way 1,318,125 1,978,129 Passenger revenue 1 to July 31 —7 Jan. 1920. 1919. 4,212,350 32,027,088 26,275,285 1,598,307 10.561,262 9,312,766 5,077,597 Freight revenue 1919. 1920. 1919. 1920. 151,998 —-Jan. 1 to July 31 of July—— 12,006,011 1,262,311 5,714,165 2,129,513 6,004,758 40,937,593 39,533,704 2,035,855 11,657,200 10,910,751 14,760,916 13,635,026 1,637,684 1.674,647 2,583.616 2,532,754 276,596 179,455 6,061,947 5,618,009 8,676,446 1,537,925 1,636,772 88,264 3,207,770 8,679,735 58,950,420 54,249,960 1,480,375 12,632,645 9,944,665 1,283,838 11,373,288 9,626,110 61,728 .535,418 430,442 3,127,246 22,916,780 21,068,338 1,557,257 13.512,967 199,437 676,530 2,293,741 System Northern Pacific Month 1919. 1920. 1919. 1920. Pacific Northern New York Chicago & St Louis Month of July —-Jan. 1 to July Sl (Concl.) New York Central Sys. Cleve Cin Chic & St L (Inc Peoria & East) 2,520,280 1,804,503 286,060 359.831 47,383 924,735 196,575 340,689 5,859 786,785 40,020,693 30,561.097 1.692.088 1,407,334 11.C59.046 10.396.193 6,608,957 6,155,716 49,851,079 42,862,051 828,192' 397,169 '3,701,769 3,238,833 135,000 55,000 196 465,000 2,073 385,000 1,867,488 1,055,530 1,723 2,524,019 715,284 Transportation exp- 98,358 3,457,826 6,255,155 47,850,283 38,560,154 707,229 6,328,901 5,036,681 1,227,355 11,184,851 7,807,978 83,163 664,279 537,583 2,499,304 20,488,558 16,090.292 Tot.exp.,incl .oth. 7,092,859 4,701,971 1,553,183 185,000 Uncollectible revenue. 604,912 237,478 243 4,161 5,457 &c_ 367,190 1,367,804 6,292,624 6,698,600 693,086 341.972 3.234.696 2,853.263 810,234 1,808,229 3,872,006 7,261,160 124,402 1,260,048 2,395 5,179,053 2,408 6,120,544 651,666 307,402 3,243,000 2,611,398 574 574 574 574 1,426,083 6,655 1,991,703 6,610 6,195.515 6,651 8,171,2,35 6,572 Maint. of equlpm't. Traffic expenses— railroad (less war taxes) Net from Taxes Net after taxes, - Net after rents Aver, miles of r'd oper. i 378 2,408 7,829,589 1,532,803 * 7,999.057 1,295,000 105 2,395 Jan. 1 to July 311920. 1919. * $ 1919. 1920. $ EARNINGS. Passenger revenue Tot., Incl. other rev. Maint. of equipm'tTraffic expenses— Transportation exp_ Tot.exp.,incl.oth. &c. Net after rents 9,612,541 66,416,828 1,217,684 10,841,796 1,614,072 16,279,143 75,234 392,243 4,321,453 36,754,019 57,147,715 7,902,890 11,841,361 317,307 28,938,419 100,442 572 466 46,608 47,026 742,631 180,025 131,634 3,587 355,682 97,690 88,719 696,578 638,879 4,843 4,640 46,053 37,398 —2,766 32,630 615,959 2,564 636,677 4,420,237 824,673 1,370,858 17,179 3,391,111 3,585.378 633,759 753,283 12,210 2,276,760 1,339.461 572,380 5,747,092 3,792,609 14,263.860 7.627,785 67,903.003 51,908,487 -207,230 -3,251,9/0 491,036 69,978 1,984,755—1,486,175 268,000 2,481,034 -5.239,228 1,876,000 10,686 11,292—1,326,854 9,954 74,928 -595,476 1,338—1,401,929 -21,349—2,860,622 116 120 —584.790 120 31 • % 1920. 3,850.004 1,644,963 3,561,865 1,440,335 28,911,983 11,188,612 1,369,302 204,633 188,616 7,961 436,696 6,634,127 1,129,085 1,630,316 70,080 3,259,381 5,979,368 928,087 1,466,897 43,970,502 7,662,093 13,559,766 234250095 2244685231 41,484,645 32,943,522 78,781,480 63,472,589 2,756,101 40,737,933 7,417,808 11,555,065 332,547 357,001 22,465,097 16,351,323 1,001,551 858,020 6,270,771 5,370,031 45,946,843 37,228,912 258046422 2093464471 536,639 61,100 511,281 27,000 363,355' 609,337 217,482 179,800 032 -1,976,340 1,582,485 1,887,571 357,940 399,430 649,355 706,817 616,177 593,653 Tot., incl. other rev. 465,968 130,486 162,697 2,812 189,279 392,591 59,136 2,734,454 546,441 1,113,980 19,261 1,128,564 2,368,463 1,538,190 355,102 170,254 267,783 11,649 5 5,054 2,249.586, 909.897 Tot.exp.,lncl.oth. 500,387 356,959 2,902,915 railroad taxes). -34,419 26,056 35,632 19,657 -168,461 176,056 118,877 126,967 3 ' 3 Uncollectible revenue. Net after taxes, &c. Net after rents Aver, miles of r'd oper. 15.974 —344,520 -8,094 475,539 484,281 27,534 176 157,993 49,314; 176i 491,244 569 50,345 176 473,981 569 New York 1919. Tot., incl. other rev. 1,115,311 156,142 450,996 19,117 490.967 Expenses—Maint.way equipm't. Maint. of Traffic expenses — Transportation exp. railroad taxes) 4,544,109 6,098,296 5,222,361 12,846 342,682 _ 1.146.003 743.809 -30,69 1 Tot. exp.,incl.oth. Net from Taxes (less war 5,262,359 446,663 792,568 159,650 205,196 72,936 48,759 46,100 36,292 439,398 910,878 944,168 2,201,755 109,785 2,742,184 1,669,324 83.192 2,420,101 7,413,618 5,868,236 7,244 569 West & 1920. 1919. $ $ $ 288,992 73,224 238,842 64,098 1,691,560 1,499,193 433,333 383,486 398,781 78,903 336,526 30,874 59,755 1,882 206,390 2,415,794 341,053 545,619 18,401 1,838,292 2,171,350 208,698 361,589 13,479 1,406,136 15,122.075 7,700,487 7,968 Baltimore Chesapeake & Atlantic -Jan. 1 to July 31- Month of July- 1919. S 1920. S 1920. S 1919. S 268,9891 93,786 76,177 101,823 68,416 179,201 17,667 25,058 1.L67 113,838 174,428 15,889 173,449 1,291 99,903 806,132 77,293 343,017 7,846 534,438 293,949 989.047 3,700 -119,520 3,160 533,4551 507,252 237,112 -182,914 25,900 6,144,466 ,5,280.872 489,469 306,635 2.807.O20 2,046,341 162,203 —46,170 276,542 —58,511 208.600 -90,687 18,673 29,891 125,009 214,743 16,*>98 2.202 151 103 -391,226 146,630 3,154 37,111 1,950,459 101883911 1,999,706-34,037,471 7,244 7,259 1919. 82,655 2,474 316,911 2,202,149 124848503 2,225,151-32,667,561 $ 684,815 70,215 988,198 revenue— Passenger 1919. -3,922,590 7,259 453,396 Jan. 1 to July'.31- July 1920. 3,509,021-23,796,327 1,281,850 8,839,829 2,019 31,404 1920. $ $ % Freight revenue Month of Jan. 1 to July 31 1919. 1920. July 1919. 25,925,726 151826726 146613072 11,677,564 58,121,492 58,618,301 826 569 Susquehanna of June 429,569 -3,559,652 145,870 73,453 176 —Month of 1920. EARNINGS. 57,469 2 —60.475 Lake Erie & Western Pennsylvania Company Jan. 1 to June 30— 1919. $ $ 877,035 17,942 and Month 1920. 1919. 1920. 1919. $ 1920. S 194 Lines' Pennsylvania Sys—Eastern New York Ontario & Western -Month of July Jan. 1 to July 31 2,245,567 Net from —32,094 194 1,965 58,284 Taxes (less war 76,860 194 1,629,294 —Jan. 1 to July 145,034 3,473 135,466 364 194 1,442,133- -7,736.911 1,981 1,965 116 324,315 equipm't. -13.562 -4,205,219 1,981 -428.038 62,640 expenses— —35,409 —3,302 384,834 Traffic 8,650 3,352.087 revenue— Transportation exp. 13 203 1,716,454- -3,977.007 3 Freight revenue...,— Expenses—M aint. w ay 3 —277,212 -3,743.730 1919. S 6,054 1 Kanawha & Michigan -Month of July 15,577 2,752' 11,141 301 726 1920. S EARNINGS. 93,562 22,146 28,030 18,732 9,797 146 of r'd oper. Maint. of 636,113 158,021 111,602 3,503 341,134 58,776 35,266 583,672 103,402 100,711 I 1,753 350,365 754,671 70,462 Uncollectible revenue. Passenger 430,515; 169,783 25.801,297 24,899,488 11,011,890 '2,506,399 3,276,731 94,464 7,679,433 -911,871 railroad (less war taxes), Net from Aver, miles 1919. S 478,131 211,522 $ 4,490,241 28,845,047 4,208.372 27,590,809 — Expenses—Maint.way Net after taxes, 1920. S 1919. $ 58,542 29,125 4,740,713 4,924,886 $ Freight revenue Taxes Jan. 1 to July 31- Month of July 1920. S 1919. $ 1920. $ 1919. 1920. $ 9,099,341 11,387,909 5,213,530 4,117,117 9,631 8,804 505 Minnesota & International New York New Haven & Hartford Month of July Jan. 1 to July 31 Indiana Harbor Belt —Month of July 629 830,0661 105,6841 318,110 " 7,2771 519,5391 974,757| -144,69( 22,12( 325 Uncollectible revenue- 72 1,588 527 Net after taxes, &c_ -67,056 1,070 —323,240 —249.314 -109,512 -7,323 —541,011 —90,060 13,298 —122,680 —208,814 -100,756 -11,135 -394,785 -311,855 -90,534 -3,005 -544,278 -120,498 -193,762 -149,9471 135 -102,081 135 12,397 135 87 87 87 871 Net after rents Aver, miles of 135 902 741 902 741 r'd oper Norfolk Michigan Central -Month of EARNINGS. July- —- 1919. 1920. -Month Jan. 1 to July 31 1919. 1920. 4,638,543 2,433,158 $ 4,180,295 28,555,933 27,369,048 1.919,675 12,277.226 10,882,856 7,873,446 1,340,551 6,654,232 46,257,451 41,737,799 820,920 6,599,646 5,806,544 equipm't. 2,521.776 expenses— Transportation exp. 85,189 3,542,230 1,168,009 12,444,497 67,605 504,045 2,305.940 21,181,648 Tot.exp.,incl.oth. 7,768,776 $ Freight revenue Passenger revenue — Tot., incl. other rev. Expenses—Maint.way Maint. of Traffic Net from railroad Passenger revenue Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't 7,231,136 1,070,576 2,727,587' 61,264 3,430,915 6,385,268 43,928,134 41,744,065 844,984 7,024,552 .5,649,033 1,859,157 16,193,289 12,018,839 36.954 379,422 248,096 2,318,978 19,725,253 15,652,543 102,562 93,302 22,948 19,007 533,509 121,892 488,2321 23,906 117,347 108,87ll 64,154 1,320 56,481 10,181 372,113 7,8301 303,2111 7,483,033 5,175,364 41,569,065 34,410,166 101,786 100.634 634,454 527.621 9,626,090 1,255,000 3,719 -251,896 775 -7,331 4,403 -100,944 35,988 —39,3961 6,810 -11,734 —136,935 —65,2421 -8,16c 76 -130,192 -51,5661 230 95 2,737 -292,546 2,199 Jan. 1 to July 31 1920. —Month 1919. 5,707,894 2,087 -13,391 76 Southern Jan. 1 to of July 25,84( 7( 76 Cumberland Valley July-31-— 1919 $ 1920. -Month of February 1920. 1919. 1 •Jan. 1 to Feb. 29 1919. 1920. $ 1920 $ 1919. $ 12,284,961 13,260,131 1,717,133 1,446,346 *365,562 317,575 178,048 3,041,990 1,093,483 2,292.332 986,024 396,003 72,741 290,918 58,210 731,222 147,438 688,695 121,52^ 15,254,075 16.023,307 3,441,771 3,077,481 7,090,137 4,686,007 126,247 103,065 6,543,027 5,701,283 620,032 518,522 138,125 102,155 3,499,748 752,298 697.508 ' 53,632 1,888,686 504,751 93,365 91,680 7,220 172,841 374,408 104,062 98.820 6,629 202,930 987,900 144,323 207,231 16.220 350,485 855,45? 171,581 195,421 286,992 4,484,634 979,696 862.170 81,980 2.152,413 17,627,719 13.882,714 681.535 558.324 4,270.018 3,510.312 379,395 423,567 745,185 821,551 845,873- -2,373,644 75,500 821,852 2,140,593 528,500 —64,503 26,876 -39,802 16,000 214,585 125,540 —40,564 131,840 125,356 5,853 —49.159 9,429 242,714 11,394 33A 19,04? 460 233 Cr22 35 722 225 36 4 36 71 -843,004 770.373—3.195.957 1.611,859 -91,356 -55,837 88,323 —172,630 119,465 —58,592 231,283 14,781 -548.634 755,775—1,730,880 1,614,129 -75,837 -1/7,812 —96.972 158.468 —59,32? 224 944 —66,351 906 -26,125 224 916 907 163 163 16? $ 2,053,572 1,904,423 310,677 244,832 2,398,130 766,807 2,465,194 -777,434 65,570 224 r'd oper 224 215,162 174,914 145,296 14,364 318,178 Toledo & Ohio Central —Month EARNINGS. —904,650 2,201 Norfolk Pittsburgh & Lake Erie -Month of July— 1919. 5,512,958 —6,034 974,688 2,088 102,6251 2 949.808- -3,338,668 —677,127 7,652,106 1,861 1920. 10,169 1.243 940 8,367,370 railroad taxes). Uncollectible revenue. Aver, miles of 7,333,898 1,820,000 417,086 1,862 1,619,321 Net after rents —640,930 2,695,000 2,067,162 3,175,564 Net after taxes, &c 1,209,903 -60,000 1,706,977 1,861 Tot.exp..incl.oth. Net from 425,000 1,811,529 1,862 Transportation exp. Taxes (less war 3,804,297 1,732,500 4,634 930,110 -142,685 187,105 576,263 16,620 793,187 expenses— 8,395,030 456.804 16,189,417 5,950,810 —480,780 1,230,159 20,695 6,086,199 Traffic $ 40,0651 4,556,796 42.453,154 32.111,709 $ Freight revenue 1919. 365,0011 906 EARNINGS. 1920. 1919. 49,103 855 ■ Jan. 1 to June 30—| of June 1920. 416,268 taxes). Net after taxes, &c_ $ 71,036 8,260 Uncollectible revenue. Aver, miles of r'd oper. $ 1919. $ 1920. 81,503 8,871 2,097,435 285,000 Net after rents -Month Jan. 1 to July 31 1919. 5,093,984 36,046,017 33,543,087 1,083,465 5,196,559 6.245,903 104,669 246,500 Taxes (less war Cincinnati Lebanon & Northern & Western of July- 1920. $ 166,811 of July «- $ —Jan. 1 to July 31 1919. 1920. -Month of July1919. 1919. $ 1920. S $ $ $ -Month —Jan. 1 to of April April 3( 1920. $ 1919. 1920. $ $ $ 1919. 2,091,642 1,557,203 1,731,041 1,356,453 351,269 422,315 1,825,654 1,523,56? 171,091 144,001 613,931 523,57? 6,249,753 1,003,420 2,030,758 4,899,442 3,436,286 564,070 Transportation exp. 3,145,533 701,967 483,175 35,446 1,536,044 359,192 608,911 105,914 143,734 9,586 305,544 2,797,399 355,576 633,339 47,445 1,526,088 2,239,31 531.237 39,253 1,758.755 99,399 105,538 44,979 2,123,094 694,787 98,955 72,488 5,986 246,282 783,764 66,244 814,137 106,847 77,249 7,276 290,573 4,175,392 8,251 544,943 928,985 137,979 332,750 7,768 347,380 Tot,.exp..incl .oth. 1,248,981 845,222 6.422,295 4,745,715 499.018 438.251 3,236,232 2.K51.9T.6 599,781 589,302 2,664.655 2,287.43^ -131,841 83,762 —172,542 315,119 -35,710 19,608 45,178 33,861 347,292 99,159 184,119 581,350 Taxes (less war taxes). 153,726 224,633 157,734 30,255 25,950 132,744 140,731 Uncollectible revenue- 4 10 30 41 44 44 504 426 4 -177.024 49.889 —519.864 -70,948 284.503 231.067 761,536 .23,189* -98,033 23,637 435 —258,634 -183,723 435 269,638 233,681 686,957 442,156 536 538 537 524 Tot., incl. other rev. Traffic expenses Net from railroad Net after taxe41. <fcc Net after rents ,A ver 1,117,140 251,083 416,545 Grand Rapids & Indiana 322,291 309,460 Expenses—Maint.way Maint. of equipm't. 67,461 *163 13,21( 418,86? 373,451 349,583 revenue 77.407 • $ 4,189,884 441,340 Passenger 781,727 $ 5,430,959 461,531 Freight revenue 965,773 8,598 $ Northwestern Pacific Jan. 1 to July 311920. S 1919. $ 1920. $ miles of r'd oper 503 484 867,972 1,576,275 30,571 256,535 25,424 12,596 396,55? 546,00? 40,08? 1.208.11 —48,06(1 102.651 17 —65.9/0 —6,342 -—8,003 -156.731 -71,047 569 -11,443 —45,326 569 -191,671 56(1 569 SEPT. .1920.] Peoria Pennsylvania System (Continued). -Month of Long Island ■Month of July 1920. 1919. EARNINGS. Freight revenue Passenger revenue Tot., incl. other 3,001.281 333,364 exp_ 436,853 22,111 1,186,317 2.054,941 1,853.9 Maint. of equipm't. Traffic expenses Transportation Net from railroad Month of July 1919. $ 1919. -Jan. 1 to 1920. $ $ 1919. % 733,323 44,443 $ 538,695 600,686 162,477 329,852 254,042 19,160 3,549 17,773 2,290 182,198 27,556 211,066 27,206 114,217 13,667,891 14,154,454 1,905,310 1,994,330 2,314,454 2,835,137 86,470 105,197 6,659,163 7,629,669 122,857 '20,069 94,953 25,543 30.906 860,259 116,627 122,810 33,701 56,025 25,684 43,929 1,122 61,873 40,665 798,643 194,454 379,814 11,995 403,841 11.393,381 3,542,163 8,654,656 103,338 4,794 5,991 112,569 159 940 1,492 87,078 70,031 561,294 145,488 132,328 943.441 970,333 158.093 116,520 1,046,008 800,592 —37,374 -83,181 66,500 -288,600 66,500 —35,282 1,868 —3,950 1,851 —247,364 —199,905 13,198 12,853 32,770 231,724 946,339 890,912 101,136 94,428 618,610 718,502 2,761 ,073 638,549 48 157 2/202 Net after taxes, Sec. 845.155 796,356 —109,094 2.119.899 -32,131 -46,874 —149,681 818,414 781,384 -414,580 1,992,212 -34,044 -29,416 -102,997 398 398 398 398 19 19 19 1.000 2,624 Net after rents Aver. miles of r'd oper. 1920. Freight 1919. $ $ —11,957 19 209 204 209 204 —-Month of July 1920. 1919. s $ Jan. 1 to July 31 1920. 1919. . Reading $ 536,672 53,077 Jan. 1 to July 31 1920. $ 1919. s 88,881 132,568 722,579 890,312 108,665 20,510 5,441 197,537 16,106 03,109 950,178 118,336 71,319 1,457,128 118,365 4,498 12 12 97 132 18 18 133 110 41,517 34,520 278,422 251,911 52,173 122.818 567.299 713,420 129,451 209,354 812.367 794.185 55,780 41,175 367,070 321,361 —168,507 14,000 -79,823 12,131 43,933 60,240 1,800 287,317 1,733 291,247 12,600 135,955 61,582 9,000 927,898 -52,718 78,923 29,742 768,873 13,593 2,000 181,305 57,016 529,229 63,000 Tot.exp.,incI.oth. Net from railroad —24,820 492,008 1,105 94,462 Taxes (less war taxes). Uncollectible revenue- 25,006 491.689 exp. expenses —58 1,270 109,125 Transportation —212,777 -233,925 89,019 156,635 16,601 Traffic —261,080 716,662 63,651 221,751 143,014 14,990 Tot., incl. other rev. Expenses—Maint .way Maint. of equipm't- —5,802 Port $ $ 18 —355,100 —37,151 643,860 69,260 226,713 4,787 405,054 202,628 revenue 517 80,757 90,070 6.3,765 Passenger 6,868 462,698 236,456 74,638 62,626 revenue 9,500 —Month of Ju ly 1920. 1919. 1919. $ 1920. S EARNINGS. —22,631 9,500 ' Perkiomen Maryland Delaware & Virginia -Jan. 1 to July 31-Month of July- 40,747 681,732 122,393 204.442 6,004 540,020 Taxes (less war taxes) Uncollectible revenue. _ July 31- 1920. 3,233,504 9,615,889 530,962 2,005,347 2,744,890 264,894 486,953 18,743 1,022,565 rev. $ 31- 1920. 8 1.3.019,281 624,801 2,110,537 xpenses—Main t. way Pittsburgh Shawmut & Northern —Jan. 1 to July 1919. S 1919. 1920. Pekin Union & July 1920. Jan. 1 to July 31 Tot.exp.,Incl.oth. E 11 RAILWAY EARNINGS 7.791 - 15,471 88,888 9,883 541,384 71,449 99,713 9,032 4,930 101,416 3,674 2,672 654,387 56,146 30,228 3,448 17,242 612,608 36,273 30,719 12,238 54 20 54 20 1 1,538 —54,472 —182,562 -91.9 r5 40.484 58,440 270,074 278,647 17,50^ 8,133 -56,984 —207,002 -112,360 33,187 57,479 230,976 273,323 —24,325 82 82 82 82 41 41 41 41 21 88,438 ' « Net after taxes, Sec. Net after rents Aver, miles of r'd opar. Pere Monongahela -Month of July 1919. $ S EARNINGS. Freight Tot., incl. other rev. 306,092 1,739,556 1,743,646 20,621 176,621 329,386 96,015 41,867 320,724 50,985 23,278 922 expenses Transportation 1919. 662 141,827 2,631,381 843,629 2,138,668 689,049 1,896,509 438,873 243,603 6,689 628.468 3,803,886 542,014 747,537 42,717 1,412,771 3,061,499 21,202,353 195,408 2,939,336 459,371 4,914,661 31,922 279,855 1,162,563 9,907,059 2,276,316 3,672,601 195,721 25,657 97,327 69,930 21,019 18,699,575 46,760 15,577 55.614 87,973 732 City Jan. 1 to July 31 60,170 25,762 14,946,450 14,107,838 3,780,414 3,181,707 21 & Kansas 1920. $ 1,968,024 753,737 405,871 5,223 750,699 93,256 434,558 —-Month of July 1920. 1919. $ 1920. 466,229 21 Quincy Omaha Jan. 1 to July 31- 1920. $ 30,877 revenue Expenses—Maint.way Maint. of equipm't. Traffic -Month of July 1919. 1919. 1920. S 291,730 revenue Passenger Jan. 1 to July 31 1920. Marquette 124,288 —321,962 21 Y 52,582 46,694 85 1919. $ 459,151 171,895 380,322 728,812 311,608 151,310 3.128 431,262 $ 173,774 591,996 240,497 104,322 1,684 307,200 exp. 109,209 7,930,819 58,811 46,428 Tot .exp.,incl .oth. 286,965 175,111 1 .998,728 1,366,287 2,852,932 1.929,762 18,807,301 14,645.490 152,617 109,678 911.605 661,185 72,420 6,293 145,613 5,000 —703 530,222 950,954 1,131,73 7 61,707 62,826 -55,290 3,822 -182.792 35,000 3,053 26,406 —69,-189 21,277 19 40 211 1,352 4,054,084 360,628 1,786 -21,704 41,465 2,395,051 443,961 66,127 140,613 —42,168 495,202 889,205 1,068,698 1,949,737 3,691,669 -59,112 -24,757 ->—209,245 -90.531 17,734 138,186 —447,645 489,134 684,054 108 2,230 2,232 255 -26,742 255 -246,4/5 255 -108,700 108 510,618 2,230 —63,254 108 1,010,093 2,232 3,216,421 106 Net from railroad Taxes (less war taxes) Uncollectible _ revenue. Net after taxes, &c_ Net after rents Aver, miles of r'd oper. New York Philadelphia & —Month of July-"— 1920. 1919. EARNINGS. $ Freight revenue Passenger revenue Tot., Incl. other 618,830 135,200 exp. 416,339 Tot.exp.,incl.oth. 727.084 Traffic expenses Transportation Net from railroad Taxes (less war taxes). Uncollectible 810,421 66,897 Jan. 1 to July 31 202,506 6,800 83,337 25,101 July 1919. $ $ 1920. $ 118,121 60,244 13,973 13,833 9,172 10,992 475 369 2,634,200 75,867 4,586.563 *3.863.367 1,247,677 65,396 651,303 130,014 -266,288 169,198 18,573 1920. $ 161,407 Net after rents 1,118,388 73,678 6,453,246 7,300 573,614 1,026,190 47,659 332,503 1920. 1919. 2,117,214 3,220,259 3,464,143 474,944 56,541 8S.514 38,898 733,399 111,557 114,987 3,127 522,588 291,061 912,958 90,214 136,863 5,572 316,577 2.576.090 7,494,701' 633,906 881,733 48,472 2,360,183 105.465 60,258 762,872 416,127 822,695 359:190 4,4/1.361 4,158,767 12,655 —14 290,262 32.150 559,198 18,673 3 2 1,981,834 208,419 177 3,335,934 1,050 -29,472 7,515 28,817 1,335 2,207 9,483 124,065 133,941 111 150,625 —427,841 524,288 11,320 -1,064 -36,987 19,334 258,109 540.5*22 I,/73,28' 3,301,881 37,90d 136,669 -519,798 471,221 7,222 -1,355 —63,753 14,458 237,157 490,681 1,501,674 3,114,646 121 121 121 10 10 10 10 117 117 117 117 1919. EARNINGS. 121 1918. 1918. 1919. Washington Southern Philadelphia & Beading Month of July- 5,714,532 Freight revenue Passenger revenue 1,942,350 8.340,761 1,431,790 2,794,117 4,979,052 31,816,895 28,885,852 2,738.247 10,324,165 10,311,565 exp. 4,184,684 7,753,967 49,302,574 43,643,412 1,082,811 7,547,994 5,581,553 2,333,558 16,445,920 13,367,245 470,198 86,749 500,617 3,230,120 24.200,266 20,374,445 Tot .exp.,incl .oth. 8,766.363 6,987.100 50.387,827 41,257.530 Net from railroad Taxes (less war taxes). Uncollectible revenue. —425,602 766,866 241,029 -1,085,313 1,882,254 2,385,882 rev. Expenses—Maint.way Maint. of equipm't. expenses 63,382 325,969 97 1919. 1920. 1919. $ $ $ 5,465,723 1,028,404 5,432,364 39,038,642 31,816,985 879,363 6,076,742 6,122,29" 139,439 6,907,626 888,527 1,846,408 55,859 3,477,463 6,602,516 48,189,538 40,252,120 574,116 5,181,580 4,189,301 1,368,806 13,291,210 10,621,789 42,702 350,787 257,379 2.7 50,383 23,693,532 20,251,328 309,844 32,485 6,454,321 4,877,059 43,768,202 1,428,531 453,305 192,495 1,369 264 260,544 1,391 Net after taxes. Sec. -751.571 525.739 -2,968.958 955,982 Net after rents. Aver, miles of r'd oper. -829,431 2,383 486,302 2,383 -3,660,587 2,383 669,451 2,383 29,855 1,126 Toledo Peoria & Western —Month of July- EARNINGS. Freight revenue Passenger revenue Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. 1920. $ - 1919. $ $ 1,725,457 143,228 1,582,229 -Month of July 2,809 136,593 298,338 685,472 64.209 89,321 6,785 269,252 778,950 69,928 75,062 6,153 235,644 196,313 451,677 395,704 135,831 6,380 233,794 14,669 383,245 13,516 93 12 3 12 3 3,257,766 2,394,963 74,771 129,447 219,112 369,725 123,369 181,005 35 35 365,917 35 1,648,308 1,126 | 228,202 616,184 1,127 35 Rutland Shawmut Jan. 1 to Julu 31- S 250,542 195,645 6',856 36,354,466 —Month 1920. 8 1919. $ $ 44,581 144,825 168,446 332,144 28,888 42,611 3,220 110,057 3,897,653 1,002,596 1,262,391 1,127 1920. 114,332 —Jan. 1 to Feb. 29— 1920. 1919. 4,421,336 1,160,946 2,623 Pittsburgh & Jan. 1 to July 311919. 1920. -Month of February 1920. 1919. $ $ —-Jan. 1 to July 31- 1920. S Transportation 3,053,483 1 145 Pittsburgh Cincinnati Chicago & St Louis -Month of June Jan. 1 to June 30— Traffic 455,257 578,020 58,236 Aver, miles of r'd oper. Tot., Incl. other 1919. 475,696 293,019 4,517,671 357,501 1,071,132 60,217 2,165,780 4,320,274 435,124 255 Richmond Fredericksburg & Potomac ■Month of July■Jan. 1 to July 31- 1919. 3,379,541 828,233 664,643 64 Richmond-Washington System Jan. 1 to July 31- 1920. $ 3,266,767 revenue. Net after taxes Month of 1919. $ 655,759 Maint. of equipm't. Phila Bethlehem & New England 1920. $ 657,032 123,832 824,958 61,201 267,051 9,775 344,540 rev. Expenses—Maint.way Norfolk . 46 1919 1920. $ $ 862,868 35,846 590,485 906,670 182,109 222,515 630,084 222,537 291,730 11,277 . 95,797 51,298 69,977 48,739 629,173 526,670 135,589 347,820 337,075 4.890 88,819 4,204 159,890 33,328 37,296 2,554 1,081,892 179,795 248,099 912,019 196,070 262,636 94,110 41,575 37,445 1,376 33,081 9,727 344,934 29.844 of July Jan. 1 to July 31 1919. 1920. 1919. 243,442 158,732 8 209,365 131,084 1,678,579 1,435,543 813,966 725,025 420,696 55,529 84,570 6,839 187,822 3,084,524 648,642 917/112 36,293 1,633,917 2,622,128 443,828 658,603 50,092 1,274,713 8 8 Transportation exp. 103,584 126,454 17,140 40,257 1.819 74,411 15,606 582,137 15,157 481,256 142,314 33,043 29,125 1,355 52,259 244.552 489,273 98,016 158,083 6,152 243,568 Tot.exp.,incl .oth. 185,837 138,658 1,072,137 991,732 129,125 1 16,373 802.398 791,539 523,38 8 347.99 4 3,348,528 2.510.577 Net from railroad Taxes (less war taxes). Uncollectible revenue. -25,917 8,500 -12,203 8,500 9,254 59,500 —82,713 59,500 13,189 -22,268 969 103,2/2 -161,455 6,788 -34,115 18,935 72,699 19,627 -264,003 130.158 111,550 Net after taxes, Ac. -34,447 -20,703 -50,245 —142.213 13.063 -23,238 102,444 —168.243 -53.050 -23,916 -20,994 60,020 -146,103 353,847 247 247 52.574 103 -25,560 247 103 103 -176,756 103 Traffic expenses Net after rents 247 West Jersey & Seashore -Month of July 1919. 1920. —-Jan. 1 to July 31— 1920. 1919. - 8 $ $ Freight revenue Passenger revenue 319,800 1,279,800 325,500 978,585 Tot., incl. other rev. Expenses—Maint.way Maint. of equipm't. 1,690,919 241,127 1,372,040 Transportation exp. 263,156 13,027 663,677 Tot .exp.,incl .oth. Traffic expenses Net from railroad 827 133,145 U Aver, miles of r'd oper. EARNINGS. 125 —394,1/6 -21.630 -13,747 63,100 —291,227 2i,5k0 415 415 415 415 St. Louis Transfer Pittsburgh & West Virginia ■Jan. 1 to July 31- -Month of July- 1920. 1919. S 8 35 53,0/2 $ 1920. $ 1919. $ —Month of July 1920. 1919. $ 8 Jan. 1 to July 311920. 1919. 8 8 1,852,299 4,502,246 1,948,700 3,941,339 193,521 10,793 85,136 9,869 944,863 65,527 588,532 67,663 6,878,710 1,675,421 1,536,759 70,671 3,827,951 6,319,190 1,443,446 1,260,389 101,223 8,739 12,891 1,315 60,392 1,134,724 348,970 360,442 10,933 457,033 747,571 417,609 277,481 8,680 3,265,098 225,812 83,240 39,450 1,173 73,807 105,380 214,142 9,982 830.808 361,485 58,534 38,018 378.417 1,214,838 1,004,006 7.329,026 6,210,275 2 >0.1/9 156,65 f 1.313,138 1 .161,021 82,698 54,8/3 571.331 466. >,660 476,080 368,034 50,366 5,633 14,085 -51,2/7 —113,462 18,525 272 46,045 1/8,1/4 705 ,645 222,316 ' 56.612 46,685 38,312 193 100,908 8,675 5,6.31 171 749.506 59,521 115,386 1,334 572,306 80, ,302 83, ,854 1,,370 285,,585 11,471 1,582 700 14 10 132 -1/8,413 99,904 1,588 100 revenue. 108,915 337,676 483 Net after taxes. Sec. 424,418 319,784 —811,216 —229.215 -8,452 —62,748 —279.965 —495,600 18.253 45,935 176,591 104.9*5 411,151 308,846 —951,231 -337,692 -8,9/4 -58,898 -216,917 41,44t> 125,876 71,915 63 63 —467,618 1 63 10,832 63 6 6 Taxes (less war taxes). Uncollectible Net after rents Aver, miles of r'd oper. 51,647 361 48,239 361 360,797 361 361 82,033 104 6 St Louis-San Francisco Tot., Incl. other rev. Expenses—Maint.way Maint. of equlpm't. Traffic expenses — Transportation exp. Tot .exp. ,lncl .oth. 1920. 1919. 1920. 4,495,399 33,304,543 28,023,849 2.010,955 13,513,005 12.058,044 4.671,075 revenue— Passenger Jan. 1 to July 31— 1919. Month of July EARNINGS. Freight revenue 2.267.371 6,751,175 49,927,685 42,231,843 1,049,948 8,312,427 6,847,214 1,162,504 11,508,232 8,655,999 77,443 445,078 364.851 2.394,348 21,209,792 16,582.594 7,404,411 1,931,490 2,048,865 86,804 4,051.654 1,805.678 1.129.471 10,997,406 8,847,005 -368,513 59,905 111,304 —803,455 421,512 —469,533 368,022 -1,176,311 4,425,642 4,757 -1,270,597 3,563 572,516 -3,529,956 4,761 1,603,9/5 4,761 Passenger revenue 232 Expenses—Maint. way equlpm't. expenses— Transportation exp. Tot.exp.,incl.oth. railroad.... taxes) - Taxes (less war Uncollectible revenueNet after taxes, Ac. Net after rents--—-— Aver, miles of r'd oper. 594,744 -2,236,457 1,817,862 3,563 "350,870 "50/771 ^§35,409 —929,711 1,165 997 1,101 996 3,563 3,563 Buffalo -Month of July 31- 1920. —Jan. 1 to July 31- —Month of July 1920. 1919. 1919. $ 1919. $ $ 679 —838,234 New Orleans & Northeastern RR -Jan. 1 to July- 1920. 318 -1,225/286 $ % 1919. 1920. $ 63,568 39,860 354,962 250,307 492,855 129,9/3 7,535 14,393 82,140 3,925 636,666 32,111 112,339 2,064 361,673 664,727 101,366 104,932 11,099 278,611 6,59,5 237,336 338,318 180,94.3 3,690.504 724,189 2,342,160 590,289 89,275 103,789 4,291,952 648,335 892,658 73,507 3.686,057 580.970 816,577 55,798 275,684 918,211 262,802 668,086 27,108 1,710 76,700 i 0.625 158,230 170,007 144,264 1,562 59,607 10,744 508,299 5,757 395,539 426 290 101,651 50,257 787,611 49,282 100,068 3,696 516,672 1.762.589 1,767,158 172,513 109,178 976,982 754.232 129,293 73,360 684,696 521,094 524.216 455.400 3.533.180 3.362,430 -41,5/1 3.785 17,72/) -58,771 -86,146 680 115,572 140,511 323,627 18,486 4,000 28,000 25,666 43,618 134,888 28,356 758,772 22,710 8,7/9 3,166 102,914 2,983 284,999 198,498 21 324 Cr31 —104,956 -3,319 5,613 74,914 89,905 96.880 -57,533 235 12,252 235 -220,966 -124,020 -15,556 TMZ -19,930 63,623 106,672 235 235 11 li 11 11 207 -Jan. of June-*— Southern Railway & Texas 1 to Month 1919. S 121,164 15,658 641,140 106,988 539,396 74,591 105.636 36,963 28,028 143,727 20,805 17,426' 657,350 131,315 116,908 equipm't- 1,567 1,764 expenses— Transportation exp. Tot.exp.,Incl .oth. railroad Taxes (less war taxes)Uncollectible revenueNet from Net after rents 1 Maint. of equipm'texpenses... Transportation exp. ■Month of July1919. Jan. 1 to July 31— 1919. 1920. 1920. $ $ I 6,832,005 56,082,454 43,503,506 3,774,088 1 9,816,068 21,473,463 8,125,554 3,374,801 106,036 58,071 726,179 521,253 17,043 14,580 99,664 90.019 70,372,554 12,750,633 15,744,682 851.858 31,385,107 125,646 44,798 9,531 1,542 74,365 871,508 633,156 32,600 6,502 210,462 1,605 47,940 52,680 10,987 420,854 152,385 38,963 9,051 424,358 390,255 878,609 682,815 11,013,406 70,786,081 63,102,935 125.134 90.180 712,723 637,760 23515,675 14,548,399 323,159 - 2,820,869 11,257 3,988 7,269,618 2,270,646 43,974 511 -15,814 3,700 158,784 30,435 -4,603 24,100 64 1.541,393 426,730 2,429 -34,542 1,112,233 2,188,527 11,716.272 4,954,997 -4.219 -19.514 128,296 -28,703 -156,130 1,098,862 6,971 2,098,231 6,982 9,022,423 6,974 4,118,006 6,982 -24,197 -24,109 112 -50,582 110 -2,624 110 —47,133 38,793 -98,405 -25,465 1,880 1,628 11,280 3,891 9,012 3,875 3 -52,888 37,160 —113,637 17,696 134 —305,586' 134 134 134 4,731 51 $ $ S 4,430,133 4,165,183 64,499 1,175,068 289.339 1,315,260 1,387,697 2,040,042 276,500 3,103.5/6 7,158,918 1,244,986 1,666,933 118,038 2,310,142 1,066,484 101,621 163,612 20,645 382,671 906,083 176,271 196,130 11,521 322,098 6,246,180 654,691 1,355,219 125,618 2,316,305 213,765 198,095 1,232,968 1,79/.331 1,030,172 131,714 257,057 17,546 347,962 11,501,498 1,574,162 * 1919. 1920. * $ $ 589,679 5,687,586 112 Jan. 1 to July 31 —Month of July 1920. 1919. 767,852 235,785 9,664,803 >2/9,456 50,629 507,580 1920. $ $ 784,214 $§55,643 65,894 Southern Ry in Mississippi Jan, 1 to July 311919. -Month of July1919. mo. 1919. 1920. 1919. 8.804,765 Alabama Great Southern System Jan. 1 to July 31 of July 1,515.008 Expenses—Maint.way 1Q1Q 1090 1Q1U 59,240 1920. revenue... Qor, 104,934 9,047 St Louis Southwestern Tot., incl. other rev. System Jan. 1 to July 31— of July Alabama 80,854 —Month * 209,202 203 207 203 152.770 St Louis Southwestern Freight revenue 446,087 118,719 12,584,799 11,320,441 85,334,481 1,720,488 2,158,304 11,531,708 2,603,431 1,742,527 16,392,225 185,348 130,337 1,137,982 6,047,329 4,426,466 38,597,205 r'd oper. EARNINGS. 124,688 780,144 186,341 160,745 10,275 484,962 -78,301 Net after taxes, Ac. 439 473.393 106,531 Northern Southern Railway June 30— 1920. $ 1919. 875,815 419 12 —81,503 — Expenses—Maint.way 15,708 14,741 17,621 Tot., Incl. other rev. 116,142 —45,325 77,188 Passenger revenue Traffic 66,197 356,035 $ Freight revenue Passenger 428,428 52,117 1920. EARNINGS. Aver, miles of 1,722,027 319 66,046 St Louis-San Francisco Traffic 9 45.000 107 126,904 21,799 Month Maint. of 5,103 2,6/0,474 945,000 3,447 130,942 61,467 —- Tot., Incl. other rev. Maint. of 164,080 4,139,011 60,178 58.002 Freight revenue Trafflc 38,209 765,369 1,409,793 2,852,705 1,035,000 South Jan. 1 to June 30— 1919. 1920. $ % 345,971 487,434 —Month of June 1920. 1919. $ $ 8,377,471 1,240,775 10,193,951 178,084 2,108,135 288,311 3,340,906 24,469 216,673 598,021 4,988,094 496,319 135,000 Fort Worth & Rio Grande EARNINGS 1,233.354 21,385,562 6.989,173 -13/9141 4.757 6,672,369 1.298.335 29,493,681 1,606,512 6,029 of r'd oper. Aver, miles 8,066,677 185,404 729,9//—1,196,354 5.379,649 2,044 205,242 984,010 212,408 2,876,695 4,661.254 1,679,056 1919- 1920. 1,132,909 1,437,165 451,549 -1,040,991 135,000 253 —-Jan. 1 to July 31 3.606,672 28,297,327 24,056,037 500,542 5,497,478 3,457,345 621,331 7,351,607 5,050,591 61,786 663,296 422.721 1,548,445 14,698,753 11,516,883 8,662,382 1,658,140 16,068 —1224586 (Concl.) Mobile A Ohio Month of July1920. 1919- 3,620,262 987,304 1,207.150 141,806 2,132,379 33.569,460 Ac. Net after rents S 919,569 1,886,343 " 6,992,191 ( ——998,000 226,332 Net after taxes, 1920. 1,915,941 1,419,369 2,318.473 Southern Railway System Jan. 1 to July 31 1919. $ $ 18,810,562 14.367,232 5,831,126 7,630,072 -Month of July 1919. 1920. 4.864.832 42.935.493 8,402,411 railroad Taxes (less war taxes). •Uncollectible revenueNet from Air Line Seaboard System St Louis & San Francisco Net from [Vol. 111. RAILWAY EARNINGS 12 48,596 81,802 44,263 591,519 333,790 572,256 313,958 5,853,540 808,757 1,526,424 93,325 2,381,250 125,645 85,056 133,185 31,019 28,402 13,827 1,034,021 393,895 182,163 3,018 87,988 2,059 75.705 622,591 951,226 253,654 138,215 15,994 946,875 4,977,592 211,201 126,593 1,260,912 983,519 8/5,948 168,795 -85,556 9,800 6,59^ -226,901 9,000 68,600 —32,293 63,000 20.718 Tot .exp.,incl.oth. 1,155,393 795,78 / 7,356,13 / 5,653,018 710.378 732,30/ 4.059.60/* railroad. ... 641,938 87,028 234,385 59,861 4,145,361 407,517 356,105 1/3,775 23,561 1,580,5/2 221,797 2)4 140 1,505,900 305,029 1.959 2 15 1,005 910 554,909 174,238 3,73 7,703 1,198,911 320,649 150,199 1,363,769 706,243 -95,356 -2,407 -295.518 —95,444 55/.863 156,705 3,8/3,002 1,166,271 261,117 138,794 1,419,6/3 637,684 -119,133 -1,013 -164,553 -108,118 968 939 960 939 313 312 313 312 278 278 278 278 Net from Taxes (less war taxes) _ Uncollectible revenueNet after taxes, Ac. Net after rents r'd oper. Aver, miles of 35,454 St Louis Southwestern Ry of Texas -Month Freight revenue Passenger revenue $ 405,576 Tr anspor tation exp - .incl .otb. 1920. 2,709,778 164,407 5,160.635 10,810,234 5,072,673 —-Jan. 1 to July_31 1920. 1919 9,925,300 65,139,183 60,517.056 3.817,804 30,257,931 23.558,694 2,995,552 129,612 2,361.018 80,009 3,205.774 5,802,194 68,829 1,534,558 83,068 4.407.516 17,781,186 2,304,174 3,092,254 192,786 6,689,575 14,734,603 107594417 90,736,529 1,900,534 16,270,620 15,831,921 2,801,635 21,469,250 18,454,643 95,705 1,008,816 777,636 5.486,112 40.805.687 35.253,199 5,950.208 6,969,919 13,124.612 10,819,442 84.560,924 73.676,814 -523,346 —2,960,/15 13,4i6 78,793 i»> 7,024 4,656,573 829,073 3,915,161 666,431 1,742 23,033,492 17,059,714 4,368,718 1.161 3,683,497 15.504 253,566 21,865 229,088 192,037 14,588 17,2)95 —548,073 3.826.338 3/246.987 16.640,892 12,673,700 1.394,924 3,754,149 7,105 3,165,201 7,049 16,289,204 12,378,851 7,049 156,141 856.577 590,819 139,681 187,254 10,020 5,012,832 1,627,969 1,642.007 3,515,926 319,166 201,687 21,138 412.673 321,933 2,802.047 1,8/2,587 14,319 445,000 582,321 15,505 539,325 996,156 680.021 6,402,759 4,285,884 735.00., 1,173,^56 -/69,957 —48)) ,042 147,000 taxes). 18,799 ■Month of July-— 1919. 842 107,074 23,000 21,000 -1,389,92 < 169,468 1 60 945,415 1,257,542 55,556 366 -89,2'12- Ac. -297,216 -110,448—1.359,762 -917,600 -504,842 Net after rents Aver, miles of r'd oper. -255,635 607 140,936—1,290,309 814 807 -893,663 814 650.610 13.580 -501,317 San Antonio & Aransas Pass EARNINGS. 324,305 3,412,229 133, MO 265,622 115,534 1,688,119 672,249 1,569,878 620,357 400,491 expenses-.. 7,883 87,750 83,203 6.435 Transportation exp- 238,313 165,13 i 2,613,413 764,799 083,409 47,442 1,511,061 2,341,349 equlpm't. 503,512 89,747 99,167 Tot.exp.,Incl .oth. 458,461 35 ,991 3,135.0) •' 2,859,631 Freight revenue revenue— Tot., Incl. other rev. Expenses—Maint. way Jan. 1 to July 31- of July 1919. 1920. 1918. $ $ 1919 $ 269,172 48.980 272,780 37,880 1.781,664 368,312 1,745,577 181,681 4,144,040 9,472.090 1,180,3 24 3,039/228 162,33: 3,525,305 343,914 70,617 49,232 2,604 115,085 329,132 64,569 46,454 2,542 2,20 4,805 546,023 337,082 15,381 100,640 2,3 48,203 468,964 345,399 22,723 733,612 > 8,81 ^.80S 8,18 4,594 251,2 41 231.09/ 1.718.212 1,692.118 512,686 113,973 378,612 315,015 1,168,390 11,224,056 185,569 726,414 42,12.8 1,308.280 391,111 16,428 635,300 208,794 4">5,122 20,467 505,989 797,213 1,218.95 7,095 6,843,178 2,167,727 1,875.614 20 -Month July 31- 6,378,011 Arizona Eastern 8 666,602 1/29 4. Pacific 1919, 8.086,693 2,240,285 1,391,717 81,049 Texas 1910. $ & S & -Jan. 1 to July1919. mo. $ $ -70,715 -3,016,573 -Month of 1920. $ -3,039,50: —536,812 Cincinnati New Orleans -Jan. 1 to July 311916. —Month of July 1919. 1920. $ Maint. of •? 722,459 Dncollectible revenue- Traffic 1919. $ $ 561,474 37,912 810.692 -273,697 Net from railroad Passenger 1920. 1919. $ 153,660 Maint. of equlpm't. Traffic expenses-— Net after taxes, Southern Pacific Jan. 1 to July 31- of July 1920. % 2,484,020 $ Southern Pacific System Steamship Lines ... Expenses—Maint.way Taxes (less war -Month 1920. 1919. $ 513,700 Tot.. Incl. other rev. Tot .exp. -Jan. 1 to July 311919. of July 1920.' EARNING8. Atlantic 151 17 1,290,427 2,85 7,793 311,790 711,505 55,0.8 4/,499 —491,604 95,046 649,994 102,600 269,118 17,996 16,281 184,711 289 527 61,122 4.3 180 92 2,f0o,248 376,109 1,217 82,6.2 15,000 -oU,5o5 37,000 1,28/,495 13,750 -518/281 105,000 580,893 Taxes (less war taxes). Uncollectible revenue- 3,753 CY39 57 130 195 Net after taxes. Ac. 41/298 27,456 —594,393 —623,808 519,590 -87,658 2,028,921 1,014,623 64. T6 78.696 4 45,152 398,518 43,406 27/767 -496,516 —621,412 1,025,404 49,5/5 *3,<41 365,646 388,013 736 -149,80b 337 "2,856,094 732 732 551,503 736 338 337 383 377 379 377 Net from railroad Net after rents Aver. miles of r'd oper. San Antonio —Month EARNINGS Uvalde 1920. $ 1919. Freightrevenue Passenger revenue— 74,923 45,155 45.015 45.40 525,109 855,7/5 253,744 151,198 15,< 09 524,489 Taj*. inch other rev. 129.081 93,340 Expenses—Maint. way 34,/69 23,940 equlpm't. 22,469 14,544 expenses— 2,711 Transportation exp. 148.104 1,896 '41,208 216,145 Marat, of Traffic 280,68/ Galveston Harrisburg & Georgia Southern & Florida Gulf -Month -Jan. 1 to July 31- of July 1920. & 338 -Jan. 1 to July 31- of July -Month San Antonio Jan. 1 to July .31- of July- 1920 1919 1919. $ 331,270 260,175 1920. $ 1919. 1920. 1919 1920. 1919. S $ $ $ $ 226,236 216,973 93,361 1,822,448 878,680 1,589,211 667,680 1,390,421 1,348,94? 9,255.520 512.105 512,015 3.174.645 8,253,662 3,221,916 632,020 385,863 86,066 112,065 7,620 33!,82' 3,014,956 460,415 712,567 2,u< 6,638 780.584 13 543,136 12,041.982 245,150 252,129 403.257 17,935 6-87,195 1,789,732 2,656,736 51/2/9 1,528,982 485,000 42,S^5 733,3 25 4,361,321 3,407,979 5.744 168,188 2,467,946 418,771 585,533 42,031 1,175.222 ,9 29,826 44,189 54,069 '2,654/'> 8 1.431.233 38 184,350 110,094 11,866 350,712 117,211 i $ S 224,116 124,267 5,157.737 4,653,379 13.741 .688- 9,701,240 84.521 985,881 681.655 ,.U;q,QH4 '8 <,823 2.299,1-'.8 •Mi 5.99 > ,063 8.819 —130,105 —-49,6.>5 -83,070 54,003 168, 8. ->63 2,354 2,239 15,554 19,335 13,732 131,336 <8,/ol 581,197 25 121 27 1,651 358 67,855 1,438 52,842 Uncollectible revenue. 15,439 173 168,/ 8 95.785 -40,353 Taxes (less war taxes). 544 11,933 3,319 Net after taxes. Ac. —89,444 6 —145.781 —65.248 -102.40/ 40.2'3 95, 72.631 j—109,647 445,'56 —77I.8S2 1,967.143 —98,002 6.310 —216,825 317 —71,996 -136,467 37,63/ 61,624 49,116 -224,591 402 402 402 402 1 384 464,963 -1,545,249 1,381 1,383 l,943,83o 317 Tot.exp.,Incl .oth. Net from railroad Net after rents Aver, miles of r'd oper —8 317 5'9 317 / 50 -) 1 2,340,741 370,248 1,38 Sept., 1920.] 13 RAILWAY EARNINGS Southern Pacific System (Concl.) EARNINGS. Freight revenue Passenger revenue 285,585 283,548 479,639 235,509 4,025,487 Tot., incl. other rev. Expenses—Malnt .way Maint;. of equipm't. 952,032 266,038 183,333 17.001 6,247,078 1,677,535 1,625.509 Staten Island Month Houston & Texas Central -Jan. 1 to July 31Month of July 1919 1920. 1920. 1919. Month 142,270 250,191 218,134 55,446 27,892 1,175 25,676 21,396 1919. % 534,223 632,470 89,999 103.960 82,602 Union -Jan. 1 to July 31- 1920. 1919. S 1920. $ 3,172,070 1,413,644 Union Pacific Rapid Transit of July- 580,222 1919. 1920. 1919. 6,241,158 46,023,354 41,830,081 2,080,651 12.062,153 12,338,182 7.047,044 2,127,446 542,586 Jan. 1 to July 31 of July 1920. $ System Pacific 66,-*91,357 58,516,714 11,390,855 8,. 93,536 13,393,587 10,866,625 549,066 319,139 20,657,374 17,117,144 9,054,459 1,203,647 1.643,535 53,523 2,558,125 Transportation exp_ 381,090 755,186 132,653 128,812 7,196 306,796 94,516 2.582,168 4.858.366 932.476 912,656 49,709 2,110,697 117.159 107,064 739.026 691,605 10,161,786 2,502,430 2,347,967 127,350 3,356,960 Tot.exp.,Incl.oth. 874,230 596,052 5.813.258 4.140.340 214,060 164.509 1.300.226 1,120,907 9,041,936 5,933,787 49,887,858 40,114.613 Net from railroad Taxes (less war taxes). Uncollectible revenue. 77,802 159,133 718,026 241,472 2,150 36,131 15,000 53,624 17,000 -11,425 105,000 170,506 87,000 1,119,829 888,430 3,130,671 16,603,498 18,402,102 286,736 3,404,329 1,619,867 724 2,701 4,854 Traffic expenses 1,283,485 938 1,291,413 178,831 1,288,800 242,300 240,644 8,712 180,304 6,860 196 95 41 14 124.215 122.414 474.403 21.007 36.624 —116,720 53,464 231,385 2.843,211 7,453 Net after rents 477 34.766 Net after taxes 433,819 306,318 5,087 167,134 576,273 847 35,327 23 376,157 3,614 2,788,447' 13,790,679' 16,655,585 23 249,951 23 79,632 847 —66,637 887 -1,733 915 34,722 42,558 Aver, miles of r'd oper. 124 -Month EARNINGS. Freight revenue Passenger revenue $ -Jan. 1 to ofJuly- 1919 $ 1920. 1919. $ $ 935,670 154,161 62,483 136,026 199,706 80,493 1,157,773 371.392 299,857 1,652,667 772,326 238,227 19,917 744,266 1.294,671 238,722 158,662 6,726 615,396 229,855 51,313 48,966 4,550 119.573 41,380 2,343 93,988 54,107 16.777.384 3,614 3,614 Oregon Short Line •Month of July 1919. July 311919. 1920. $ 1920. $ 132,223 53,503 65,889 Tot., Incl. other rev. Expenses—Maint .way Maint. of equipm't. 1920. S 1919. $ 137,969 -Month Jan. 1 to July 31 of July 1920. 13.196,467 3,614 Central Tennessee Houson East & West Texas 23 $ $ 1,161,012 338,352 1,027,801 741,080 1,631,627 307,259 355,897 32,464 3,479,015 799,133 792.030 1,441,665 551,645 369,476 19,919 698,452 2,302,512 2,426,394 326,476 660,297 Jan. 1 to July 31 1919. $ 15.001,283 3,874,844 1920. $ 17,576,965 4,270,964 3,152,983 24,237,864 20,208,926 400,753 3,531,943 4,114,129 3,467,297 4,055,634 416,395 111,805. 211,056 18,963 6,184,099 7,750,758 905,432 exp. 94,297 193,880 33,301 18,061 1,238 83,346 Tot .exp.,incl .oth. 274,609 140,836 1.815.625 1.049.530 234,996 225,036 1.559.454 1,685.145 2.983,725 1,899,705 16,931,655 14,895,127 -51,992 63,044 245,141 -4,940 -25,329 6,750 44,241 5,709 5,135 495,290 458,386 1,253,188 172,004 '7,306,209' 8,489 72,172 38,681 -243,480 Taxes (less war taxes). Uncollectible revenue. 97 128 -i62,958 66,843 1,737 806 3 642 142 5,313,798 1,137,573 1,437 Net after taxes, &c_ —60.579 46,166 —231,538 200,093 -10.653 -30.466 32.848 —279.-567 36,904 1,080,753 5,289,394 4,174,787 Net after rents Aver, miles of r'd oper. —71.194 190 44,921 -309,754 190 185.281 190 -36,088 -32,258 —131,002 -33' \145 292 293 95,999 2,358 1,065,954 2,347 5,569,908 292 4,139,121 2,347 Traffic 4.019 expenses Transportation 222,617 137,605 31,666 Net from railroad. . 190 292 of July • —Jan. 1 to July 31- 1920. 1919. S 1920. $ 290,823 120,928 1919. $ 238,975 116,377 1,996,473 754,134 779,423 Tot., Incl. other rev. Expenses—Maint .way 442,376 368,960 " 2,953,007 100,911 58,835 Maint. of equipm't. 76,666 58,494 2,338,369 318,990 420.227 Freight revenue Passenger ... revenue $ 1,464,821 Jan. 1 to Month of July July 31- 1919. 1920. $ 731 429 2,351 1919. 1920. 1919. $ $ $ 1,675,664 12,452,725 10,248,483 605,636 4,182,476 3,721,854 1920. $ 1919. $ 1920. $ 2,016,083 Oregon-Washington RR & Navigation ■Month of July—-Jan. 1 to Juk[ 31 Texas & Pacific Louisiana Western —Month EARNINGS. 35,945 694,784 39,495 1,206.726 $ 1,770,200 2,083,240 992,124 1,940,450 13,745,246 13,150,077 5,232,816 717,358 2,984,573 22,470,689 19,329,545 2,788,011 335,577 4,127,961 4,059,745 609,961 4,810,614 173,688 252,974 27,984 9,076.885 9,591.782 1,162,612 2,741,668 715,938 574,497 54,829 1,189,219 2,431,632 18,535,490 15,196,784 369,438 3,195,750 3,003,202 2,381,758 359,923 3,326,681 189,505 26,149 265,544 6,185,311 671,114 7,767,196 1,733,174 15,662,393 12,601,185 2,873,096 2,595,598 797,130 905,602 6,775,882 6.369 4,513 659,667 531,343 44,996 exp. 118,146 95.207 742,426 28,085 668,535 3,323,116 606,842 665,236 32,879 1.342,274 Tot .exp.,incl.oth. 320.276 229.583 2.092,050 1.525.855 2.788,319 2,236.643 19.705,306 16,748,049 2,723,730 Net from railroad Taxes (less war taxes). 122,099 139,3/7 8,778 866,957 158,420 812,513 64,781 534,796 89,150 747,929 100,000 2,581,495 609,823 17,937 224,794 205 2,869 5 698,457 113,613 176 -206,862 584,667 1,595,627 -221,548 2,223 508,324 2,221 1,303,347 2,222 Traffic expenses Transportation revenue- 360 38 979 385 425 2,765,382 796,550 5,286 Net after taxes, Ac. 101,419 130,560 707,55^ 747.525 445,260 647,503 4.963,546 1.968,802 Net after rents Aver, miles of r'd oper. 91,225 207 128,993 628,691 730,336 207 207 349,179 1,946 576,488 207 89,937 1,946 1,382.670 1,946 Uncollectible 20,320 —Jan. 1 to 1920. 198,430 $ 474,484 176.142 rev. .39,313 6/6,707 Expenses—Malnt. way 255,029 Freight 483,742 revenue Passenger revenue July 311919. 8 $ 4,120,729 1.212,367 1920. 2,862,483 3", 580 8,482 23.504 332,803 55,758 33,942 2,496,658 465,300 439,339 16,382,451 14,649,075 109264,713 1,976,707 18,044,608 4,017,502 2 420,754 20,777,229 3,617,350 98,637 1,036,180 221,675 4,334,672 36,175,830 5,752,906 93,922,425 15,928,762 16,722,229 620,452 29,486,556 68,063,493 25,858,932 4,903,306 8,059 Maint. of equipm't. 158,333 139,429 122.085 Traffic exp. 10,091 258.239 8,963 232,736 1,828,449: 177,331 123,964 6,920 1,110,609 Tot.exp.,lncl.oth. 762.650 524.796 4.708 977 3.668,T>21 325.432 223,057 2,107,459 1,950,613! 14,74(6393 Net from railroad Taxes (less war taxes). 13,33/ 1,119,4/2 322,017 662,815 109,745 28,249 389,198 150,710; 215,122 58,0/5 40,979 264,430 185,705 1,633,058 1,571,611 2.225 1.159 9 29 9 20 expenses Transportation 997 54,9J9| 717 42,938 101,911 29,796 revenue- 210 43 Net after taxes. &c_ -■56.386 122,070 795,229 446,5631 17.095 81,486 124.738 -35,001-1 -81,/13 400 110.211 08/,/32 201,629 980,083 798,530 250,610 400 381,4831 400; 140,760 400 36 36 36 36 8,196 Uncollectible Net after rents Aver, miles of r'd oper. St Louis Merchants Texas & New Orleans —Month of July 1920. 1919. EARNINGS, Tot., incl. other Expenses—Maint. way Maint. of equipm't. Traffic expenses Transportation exp. 3,584,433 179,405 1.142.459 722,183 119,422 143,477 4,482 221,339 5,332,094 1,391,236 4,462,343 $ 226,666 11,325 294.206 1,534,657 59,152 1.855,972 ' 837,031 1,238,647 33,414 1,646,111 951 716 331,208 411,457 5,790 246,376 44,189 10.,242 1,762,638 628,094 303,794 15,689 967,448 2,398,769 1,969,971 367,789 214,272 2,018,970 18,6/8 -263,787 74,829 —412,882 56,000 -126,297 13,089 32,104 11,855 —256,331 63,842 8,000 82,452 64,720 9 122 9 222 433,557 149,489 3,649 —36,345 18,948 67 &c. *0.517 157.258 —75.530 230.419 -55,294 10,669 —338.740 —461,891 139,387 14,2)1 469 168.1)9 469 —282,344 133,572 469 -57,741 21,730 -335,821 —473,072 Aver, miles of r'd oper. 9 9 9 9 1920. 37 63 20,248 —338,821 —941 -147,862 22,594 -366,062 2,890 258 258 258 258 Union RR (of Toledo St Louis & Western Month —Jan. 1 to July 31 1919. S Jan. 1 to of July 1919. 1920. July 31— —Month 1920. 1919, 1920. S - 104,619 $ 90,154 $ 719,167 451.337 21,452 18.979 125.902 109.577 136,615 30,478 7.245 J 12,883 871.0/0 578,012 22,441 8,197 142,093 $ Freight revenue assenger revenue Tot., incl. other rev. Expenses—Maint. way Maint. of equipm't. Traffic expenses Transportation exp. Tot.exp.,Incl .oth. Net from railroad Net after taxes, &c_ Net after rents ... Aver, miles of r'd oper. 16,406 269.826 201.220 920,792 40,703 551,808 5,505,263 232,331 1,003,642 233,104 221,462 663,367 139,785 132,376 5,807 292,276 6,071,659 1,204,717 1,237,108 75,859 2,463,753 4,116,245 760,213 901,173 38,957 1,798,409 18,010 396.071 533.047 410.430 887.425 580.588 5.081,6/5 3,5/8,741 1,196 5,261 43,498 338,023 35,630 10/,o82 32,005 116,217 82,7/1 31,000 26,000 986,984 217,000 537,503 182,000 294 380,132 3,341,084 884,77/ 628,451 .5,495,784 4,211,902 M? -200,495 7,714 60,447 241,752 50,282 . -30,444 11,104 67 302.081 135.576 85,217 56,778 769,689 355.399 —41,549 59,853 260,972 191,470 33,418 156 260,337 115,107 156 13,181 40,441 449,055 218,580 37,888 148,084 176,586 504,417' 454 452 45 40 45 40 159 454 of July 1920. — Jan. 1 to July 31- 1920. 8 1919. $ 394,048 3,212,837 1919. $ 2,775,900 273,605 343,180 1,220,547 991.219 813,495 281,902 683,815 4,843,471 1,021,998 632,168 48,427 1.620,010 4,062,019 112,461 70,235 63,328 7,871 245,334 4.999 204.162 454 Ulster & Tot., Incl. other rev. Expenses—Maint. way Maint. of equipm't. exp. 240 486,022 4,453,654 536,192 1,224,936 1,844 2,397,232 696,018 64,618 176,772 30,486 473,083 expenses 983 5,295,289 596,345 1,499,681 1,939 854,332 91,610 298,588 39,454 165 Passenger revenue Transportation * 45,035 $ Traffic 1920. $ 103 4,012 311 Month Freight revenue Jan. 1 to July 311919. of July 1919. $ 270,381 60.384 Spokane Portland & Seattle EARNINGS. $ Pennsylvania) 3,646,327 72,050 70.-118 o Taxes (less war taxes). Uncollectible revenue. 1,876 32,325 2,127 34,703 115,513 53,223 11,562 72,231 12,733 906,554 156,097 239.073 4.028,785 —Month of July 1920. ' 1919. 237,531 280,578 106.738 EARNINGS. 49,673 1,629 1.595,909 176,463 5.804 Spokane International 1,579,323 187,171 36,602 241,491 151,456 50,092 3,306 147,835 5.225.356 469 300,300 1,643.165 335,174 4,302 1,557,088 393,825 297,056 5,230 1,231.869 21,355 Net after rents 256,848 2,892 2,134,981 i/*,836 Net after taxes, 1919. $ 1,*56,749 1,357,013 390 22,331 513.347 Jan. 1 to July_ 31 257,752 54,395 22,160 71,916 ■' 8,183 1920. 356.298 52,108 50,698 i 768.211 20,314,788 & Grand Island % Taxes (less war taxes). Uncollectible revenue- Tot.exp.,incl .oth. 19.582,736 20,947,567 191,212 42,217 392.644 Net from railroad 4,239,100 19,918,689 4,093.194 20,165 182 8,183 8,188 1920. S 1919. $ 1920. $ 1,157,246 870,128 222.004 1919. 5,001,164 26,6743151 760,734 7,088,112 1,330 3,803 ■Month of July 1919. Jan. 1 to July 31- of July 1920. 9,647,911 82,590,062 ' St Joseph 2,950,080 186,694 rev. -r—Month 61,427 Bridge Terminal $ 1919. 585,154 Freight revenue Passenger revenue * Jan. 1 to July 31— 1920. $ 473,522 1919. $ 1920. $ 67,041,806 2,101,324 508,095 398,446 5,486 973,897 383,508 82.759 52,341 1,321,381 2,221 10,216,559 75,989,978 3.344,307 20,498,161 11,237,421 3,582,695 5,828,450 1,444,147 1,075,285 75,254 1,921,351 Tot., incl. other 1,796,701 ' —-Jan. 1 to July 31 $ 1920. 1919. July 1919. 1920. Jan. 1 to July 311919. July 1,209,015 4,321,367 688,764 931,788 ■Month of Terminal Railroad Association of St Louis Month of 1,767 370 Total Company Terminal RR Assoc'n of St Louis Morgan's Louisiana & Texas RE —Month of July1920. 1919. EARNINGS. 1,946 ' 1,277,098 729,445 609,622 40,529 1.418,615 —Month 1920. Utah Delaware —Month 31 1919. Jan. 1 to July of July 1919. 1920. mO. of July- — 367,820 3.54,444 153,721 $ 96,783 158,787 100.829 907 752 718,424 120,349 145,119 17,150 583,944 25,731 20,155 2,080 155,183 27,654 28,499 98,663 15,084 18,614 73.483 508,360 $ 63,598 41,174 $ 68,332 52,709 147,027 21,095 21,722 3,056 118,205 122,226 $ 8 99,146 131,274 9,849 445,306 Jan. 1 to July 31 1919. 1920. 1919. 178 191 35,648 21,157 $ 1,026,001 5,503 S 603.492 3,785 1,034,593 124,354 207,940 1,262 241,869 614,506 80,713 145,250 1,499 128,246 6^5.471 366.220 3.541.587 2.948,186 169,913 127,285 839.948 721,104 95,127 57.139 594,363 369,803 Net from railroad i2/,o23 31/.090 -121,524 -13/, 159 60,055 41,523 4,800 35,000 33,600 6,172 3,071 440,229 46,573 241,703" 59,200 —22,885 5,000 -5,058 117,547 1,797 61 1.301,883 624,360 2,139 1,113,832 Taxes (less war taxes). Cr2 53 38,451 393.656 196,821 31,848 369,/05 160,192 98 98 98 Tot .exp. .incl .oth. Uncollectible revenue- Net after taxes, &c. Net after rents Aver, miles of r'd oper. 8.177 -5,277 549 ' 414,400 303 258,333 675.392 699.129 -27,885 —9,858 —156,523 —170,812 53.882 282,426 693,349 549 8o8.32o 549 -34,831 —9,802 -184,585 -170,486 128 128 128 60,416 98 549 CONTINUED ON PAGE 15 , 128 47,882 Net Income Under Government Control AS COMPARED WITH THE GUARANTEED RENTAL. From tabulations prepared by the United States Railroad Administration we have compiled the following statement showing for all of the Class 1 roads—that is, all roads whose gross revenues from railway operations exceed $1,000,000 per annum—the Net Federal Income for the calendar years Rental. Government Guaranteed 1919 and 1918, in comparison with the "Standard Return," or The compilation enables any one to see whether during the period of Government control any given road was operated profit to the Government and the extent of such loss or profit. It will be observed that only in a few exceptional cases did the Government derive a profit from the operation of the roads. The Standard Return represents the average net income for the three-year "test" period, that is, the three-years ending June 30 1917, this being the income which the Government agreed to pay to the roads as compensation for the use of their property. The 1919 and 1918 figures of Federal Net Income, the Railroad Administration states, have been taken from the monthly returns which the roads are required to file with the Inter-State Commerce Commission and which are given from at loss a or month to month in this The figures referred to represent only the last item in these returns. publication. the full details for the different roads, for March including gross Net Average Federal Income— Region. of Road. 1918. Entire 107,731 1,951,199 3,577,108 dell 6 8,138 def871,205 632 394 2,376 301 1 Boston & Maine Central New England Central Vermont Grand Trunk in New England Central Maine H. & Hartford Rutland Northwestern Total 607,177 2,232,916 1,895,400 57,768 1,555,775 4,063,131 9,832,491 1 468,124 828,625 636 def689,469 def760 ,511, def1,105,677 172 1,216defl,2/2,20.? def581,781 1,966 6,929,382 7,769,005 415 223,058 42,165 def4,271 2,955,697 17,173,367 1,023,883 Delaware Lack. & _ 829 Great Northern 8,219 Mineral Range 101 Minneapolis & St. Louis 1,647 Minn. St. Paul & S. S. Marie 4,243 Northern Pacific 6,593 Oregon-Washington RR. & N. 2,070 Spokane Portland & Seattle.. 538 10,227,504 38,901,093 575,137 def1,075,870 2,054,575 11,809,921 def89,590 628,883 3,276,410 62 916,852 1,036,370 2,309,600 395,718 927,354 3,776,291 16,969,157 1,041,104 48,201,701 4,048,631 795,047 175,013 1,086,378 2,451,695 15.973,193 34,304 467,806 defiU ,246,652 203,930 363,664 1,197,761 6,821,131 13,692,236 650,615 46,035,695 3,893,167 576,100 Mackinac Detroit & Toledo Shore Line. (incl. Chicago & Erie) Grand Trunk Western Lines.. 519,371 1,135,761 11,318,714 8,052,127 583,086 Atlanta & West Point.Atlanta Birm. & Atlantic Atlantic Coast Line 93 Carolina Clinchfield & Ohio.. 291 51,739,600 2,218,857 2,103,589 Central of Georgia. Charleston & Western Caro.. Cincinnati N. O. & Tex. Pac. Florida East Coast 765 524,551 3,851,485 9,880.183 130.435 999,942 3,748,196 8,980,219 613,261 Georgia Georgia & Florida Georgia Southern & Florida._ def319,631 def57,7 75 3,714,172 237,010 128,009 5,826,810 590 875 996 1,002 97 Lehigh & Hudson River Lehigh & New England Lehigh Valley Michigan Central Monongahela 232 1,436 1,862 108 New York Central 5.682 N. Y. Chicago & St. Louis... N. Y. Ontario & Western 574 569 7,409,600 15,749,477 310,664 456,512 15,729,068 1,076,017 Y. Susquehanna & West¬ 226 (incl. W. B. & E.) Pere Marquette 2,232 225 Pittsburgh & Lake Erie 103 Pittsburgh & Shawmut 63 Pittsburgh & West Virginia.. 2,504 def185,671 6,717,880 3,501,821 def177,302 def 6 J, 8,908 def152,754 864,445 -.22.511 103,611,503 ern Ulster & Delaware 129 Wabash Total 1 109,099,456 142,739,083 Ohio-Indiana District— Chicago Indianapolis & Louisv 657 415,931 Cincinnati Indianapolis & W_ Cincinnati Northern 322 Cleve. Cin. Chicago & St. L_ Detroit Toledo & fronton 2,397 def5.90,797 493,591 12,981,513 def 710,545 1,444,287 171,233 def39,034 def 117,097 760,549 252 456 Hocking Valley Kanawha & Michigan 350 Lake Erie & Western 903 Toledo & Ohio Central 436 454 177 Toledo St. Louis & Western.. Wheeling & Lake Erie (incl. Lorain & West Virginia) 747,799 def158,387 257,750 14,751,312 def7/7,087 2,614,670 1,658,827 397,292 826,951 1,248,218 1,620,259 422,213 317,628 9,938,597 225,895 2,637,167 1,295,141 1,548,542 1,086,651 994,294 537 1,099,856 1,192,764 1,723,315 6,941 15,909,487 22,820,109 total, Eastern region.37,460 129,296,408 23,201,016 2,953,450 27,945,819 4,934,790 2,355,242 5,122,051 562,348 2,862,177 28,666,681 144,006 2,706,994 10,578,977 30,057,760 4,491,883 1,871,083 61,009 3,933,874 2,631,520 3,824,716 12,495,342 267,704 4,781,037 12,368,069 10,827 238,577 1,652,116 3,925,862 28,317,433 4,490,859 2,694,420 ...47,521 78,422,402 92,540.188 148,454,277 Alabama & Vicksburg 141 Alabama Great Southern 312 345,074 2,062,786 1,703,180 1,918 264,097 1,498,327 539,640 def946,4 58 7,213,015 1,497.762 1,583,969 343 171.23,3 3,917,977 549,209 337 329 525,956 1,444,349 1,326,143 3,092,962 1,633,983 2,256,504 348 def441,538 402 62,593 Total 18,450,790 3.224.299 Southern Region. 640 4,867 660,606 def572,922 11,685.220 1,162,282 278 def7 0,88 7 def104,538 351,763 364,779 200,289 12,981,324 19,568,935 648,071 310,921 244,315 4,145,298 990,248 407,939 291,453 192,542 3,025,529 3,658,391 29,512,206 def40,397 Tennessee Central.. 293 Vicksburg Shreve. & Pacific.. Washington Southern 171 1,382 def536,168 454,510 1,875,153 569,354 4,475,913 342,116 1,736,088 621,916 4,499,924 38,374 53,937,173 Gulf & 306 def81,384 def98,977 4,793 4,479,526 Louisville & Nashville 5,013 11,884,568 Louisville Henderson & St. L_ 200 510,724 165 Mississippi Central def184,901 Mobile & (fhio 997 def1,025,823 Nashville Chatt. & St. Louis. 1,247 1,242,397 New Orleans & Northeastern. 204 187,064 New Orleans Great Northern285 14,593 Norfolk Southern 906 163,670 Northern Alabama 113 64,343 Richmond Fred. & Potomac. 82 2,763,900 Seaboard Air Line 1,867,961 3,563 Southern 10,642,549 6,983 Ship Island Gulf Mobile & Northern 438 Illinois Central ... Southern RR. in Mississippi. Western of Alabama 36 133 Yazoo & Mississippi Valley Total def2,468 322,854 252,995 480,000 10,180,915 1,627,963 3,408,809 466,921 3,541,040 2,842,842 858,622 88,000 611,457 595,883 558,338 16,282,374 17,310,495 343,916 308,525 2,597,478 3,182,089 1,204,992 519,904 1,266,871 150,583 1,136,974 6,497,025 18,653,893 6,990 162,734 337,948 467,230 288,238 3,862,318 Southwestern (incl. Coal & Coke) Bessemer & Lake Erie Fort Worth & 5.152 5,066,914 225 2,005,600 Buffalo & Susquehanna 297 def409,326 Central of New Jersey 685 1,408,865 Cumberland Valley 164 447,030 Grand Rapids & Indiana 570 455,093 Long Island 398 2,445,212 N. Y. Philadelphia & Norfolk 122 648,692 Pennsylvania East 5,381 8,042,568 Pennsylvania West 1,755 5,786,456 Philadelphia & Reading 1,629 5,431,888 Pittsb. Cin. Chic. & St. Louis 2,384 def2,505,510 7,193,131 4,940,006 113,043 6,375,183 1,848,302 254,425 3.915,059 990,008 28,031,146 4,713,664 691,613 9,362,301 1,228,967 929,386 3,221,949 996,051 51,416,782 14,992,785 17,057,230 11,334,094 356,824 3,079,593 952,682 24 68,655 698 361 def/31,265 11,927 19,952,680 4,464,444 11,298.842 2,878,717 33,941 def479,293 detl43,998 19,845 28,772,799 63,634,490 148,254,966 Pocahontas Region Chesapeake & Ohio (incl. C. &O.0fInd.) 2,506 Norfolk 2,088 17,060.651 18,804,782 1,952,872 13,226,983 20,634,142 3,247,603 37,818,305 37,108,728 Staten Island Rapid Transit._ Western Maryland. West Jersey & Seashore Total Virginian 523 7,523,378 10,133,638 2,555,230 Total. 5,117 20,212,246 & Western Central Western Region. Arizona Eastern 9,444 1,051 1,131 9,621 247 8,055 51,973 170,121,574 255 City Oregon Short Line St. Joseph & Grand Island Southern Pacific (Pacific Sys.) Toledo Peoria & Western Union Pacific Western Pacific al 25,428,088 defS68,051 3,614 1,027 1,100 Los Angeles & Salt Lake Northwestern Pacific.. 588,433 40,060,757 def244,395 def423,466 9,067,411 def277,560 1,644,897 6,113,737 def945,793 2,993,415 2,912,058 3,353,127 1,103,594 10,754,273 def48,318 32,677,799 def217,656 32,873,256 3,575,968 374 2,593 Fort Worth & Denver International & Great North. Kansas City Mex. & Or. Sys. Kansas City Southern 1,479,821 41,709,460 1,817,094 1,560,806 1,242,476 39,867,072 3,178,316 2,946,001 25,089,199 def528,860 33,390,080 127,540 * 235 20,514 920 1,270,855 1,936 2,466,881 1,160 defl ,404,787 737 def1,244,673 1,028 454 1,168 530 2,348 "259 7,048 248 9,217,002 769,487 2,868,352 5,492,884 def961,458 4,945.206 1,824,785 2,791,315 1,485,017 10,723,916 def103,787 34,016,787 def4,377 35,629,321 2,604,528 15,880,681 922,785 2,481,212 8,319,377 353,290 4,145,102 1,891,386 3,414,751 1,338,000 10,204,619 373,811 36,171,354 159,740 23,670,741 1,900,350 862 Midland 389 2,189,359 def146,634 343,136 Missouri & North Arkansas 365 det664,377 Missouri Kansas & Texas 4,562,769 1,714 Missouri Kan. & Tex. of Tex. l,796def2,413,445 Missouri Oklahoma & Gulf.. 332 def1,041.628 Missouri Pacific 7,205 4,363,698 St. Louis-San Francisco. 4,761 14,695,141 St. Louis-San Fran. & Texas. 134 def179,720 St. Louis Southwestern 940 3,070,880 St. Louis Southwest, of Texas 815 def1,508,721 San Antonio & Aransas Pass. 737 def1,141,723 Sunset Lines (incl. H. & T. C. and H. E. & W. T.) 3,614 9,208,659 Texas & Pacific 1,947 3,621,573 369 def 612,360 Trinity & Brazos Valley 329 Wichita Falls & Northwestern def400,226 302 Valley _. Total 182,426,498 191,978,682 1,301 1,140,676 2,828,218 1,394,946 150,000 3,128,053 86,232 766,580 def 115,861 5,215,538 def790,996 def529,613 11,821,976 11,247,194 3,535,427 359,362 444,346 175,000 5,853,831 621,773 14,206,814 13,690,213 8,008 *22,511 9,775,418 25.1 103,611,503 72.6 15,909,487 72.9 6,941 21,809,702 104.6 142,147.069 28,772,799 19.4 20,212,246 54.5 53,937,173 52.9 78,422,402 63,634,490 38,374 142,739,083 76.4 22,820,109 129,296,408 63.6 5,117 38,901,093 26.3 19,845 203,449,878 69.9 148,254,966 42.9 37,818,305 37,108,728 101.9 110.740.325 102,020,396 108.5 92,540,188 148,454,277 52.8 62.3 170,121.574 182,426,498 95.0 191,978,682 88.6 35,055,171 55,972,636 61,588,468 56.9 % of standard return 90.9 515.817,773 57.8 685.279,511 76.8 > Total Central Western Region 51,973 % of standard return Total Southwestern Region..31,599 % of standard return % of standard return 10.227,504 109,099.456 37,460 % of standard return Total Northwestern Region..47,521 Grand total all regions 8,503,128 4,107,432 63,158 145,245 61,588,468 % of standard return Total Southern Region. 13,836,811 3,719,146 def43 0,238 def488,896 892,855,395 % of standard return % of standard return Total Pocahontas Region 3,355,749 555,165 456,684 55,972,636 % of standard return Region def332,953 685,279,511 % of standard return Total Allegheny Region defl 17,399 3,681,615 def338,255 def126,023 35,055,171 31,599 Total Ohio-Indiana District def83,603 231,889 515,817,773 Total New England district.. Total Eastern def 61,994 1,928,596 2,854,270 1,378,645 def692,245 (incl. T. & F. S.)_ Louisiana & Arkansas % of standard return Denver & Rio Grande El Paso & Southwestern Gulf Colorado & Santa Fe Total Central District Colorado & Southern Denver & Salt Lake Region. Rio Grande Gulf Coast Lines. Grand total all regions 378 Topeka & Santa Fe Chicago & Alton Chicago & Eastern Illinois Chicago Burlington & Quincy (incl. Q. O. & K. C.) Chicago Peoria & St. Louis Chicago Rock Isl. & Pacific (incl. C. R. I. & G.) Chicago Terre Haute & S. E_ 110,740,325 102,020,396 142,147,069 203,449,878 Allegheny Region. Baltimore & Ohio Atch. 12,498,939 21,809,702 Total Grand Entire Year. 5,057,635 411 599 Shore & Atlan. 2,259 ... Western. 1918. 12,771,197 1,126.605 3,250,867 2,698.776 3,082.978 11,401.721 def22,517 3,322,507 12,827,280 def107,154 def314,698 Joliet & Eastern 382 Rochester & Pittsburgh Delaware & Hudson N. Duluth Missabe & Northern. Duluth South Elgin Standard Return & North Western... 8,090 Great Western 1,496 Milw. & St. Paul...10,647 St. Paul M. & O 1,749 Duluth & Iron Range 289 9,775,418 ' Federal Income— 1919. Chicago Chicago Chicago Chicago 301 Ann Arbor Erie desiring Region. 8,008 Central District— Detroit & one Miles of Road. Year. $ —Net Average Return 1919. New England District— Bangor & Aroostook Boston & Albany V Standard Miles Buff. Any &c., will find them in the issue of this publication 13 1920. Eastern N. Y. N. revenues, expenses, 231,889 892,855,395 Sept., 1920.] 15 RAILWAY EARNINGS Vicksburg 1920. S Freight revenue Passenger revenue & Shreveport Month of July 1919. EARNINGS. 1919. S 1919. 1920. $ $ Wheeling & Lake Erie Jan. 1 to July 31- -Month of July- 1920. $ Western Maryland Pacific Jan. 1 to July 31 $ 985,232 109,309 1920. $ Month 1919. 1920. % $ 1,406,270 588,652 81,309 9,886,897 2,058,629 3,567,824 256,564 4,189,538 7,968,386 1,528,964 2,640,123 123,201 3,297,081 1,631,323 223,136 341,536 14,650 694,550 1,403,599 217,241 1,080,951 10,522,148 7,967.018 1,314,178 124,271 —635,251 364,400 1,367 302,400 317,144 69,418 449,932 472,388 8,721,031 1,295,713 2,096,800 82,203 3,780,057 7,089,876 1,361,404 1,618,165 42,457 2,863,796 989,939 7,487.623 6.081,751 413,660 55,500 1,008,125 383,400 9 1,233,407 458,118 1,298 247,726 358,151 773,990 623.888 -236,189 143,874 346,761 246,120 655,990 704 511 511 511 511 1,165,696 1,350,661 671.287 527,239 137,628 285,743 38,127 59,425 3,727 1,604,632 318,367 393,742 1,205,223 193,443 405,439 19,506 94,354 2,441,074 373,869 435,174 44,701 906,730 1,818.445 exp_ 340,186 88,125 69,742 6,744 117,780 692,371 510,136 52,693 743,671 383,887 15,917 431,712 Tot.exp.Jncl.oth. 297,491 207,900 1.862.330 1,509.263 1,768,185 42,694 14,036 77,842 15,242 309,181 71,393 —163,552 50,000 7 27 581,743 92,630 ■i 160 28.650 62.572 488.952 237,509 -213,552 81,071 —971,651 —301.032 20,646 171 60,079 171 422,235 233,772 -156,010 171 797 —86,507 688 -138,684 171 766 Traffic expenses Transportation Net from ailroad Taxes (less war taxes). Uncollectible revenueNet after taxes Net after rents Aver, miles of r'd oper. -Month Freight revenue Passenger 1919. Month of July 1919. 1920. 1919. $ 1920 $ S $ 1,069,938 —Jan. 1 to July 31 1920 1919. $ 864,236 6,261,324 5,153,986 69,714 451,133 387,844 286.011 187.613 1,387.015 8,804,616 1,077,404 1,802,618 50,324 6,140.977 1,434,443 208,299 8,116,074 1,337,727 1,265,365 175,308 877,403 1,579,173 208,790 282,774 —Month of July 1920. 1919. $ 836 5,233,279 967,342 - ■Jan. 1 to July 311919. 1920. $ 143,844 48,811 140,495 55,152 1,046,511 * 814,032 329,428 260,524 212,581 68,953 21,613 202,543 58,096 27,625 1,833 109,243 1,485,883 424,715 222,533 7,768 795,220 1,129,057 321,765 178,410 8,498 624,314 $ $ 7.459,286 1,344,272 81,811 revenue Tot., incl. other S 264,818 6,029 Wichita Falls & Northwestern Western Pacific Jan. 1 to July 31— of July 1920. $ 43,200 1,181,429 62,085 278 Virginian EARNINGS. S $ 7,456,314 6,050,100 362,360 1,557,699 rev. 1919. 1920. 6,720,530 187,484 83,257 Tot., Incl. other Jan. 1 to July 31- 1919. $ 8.532,121 640,759 205,683 108,909 Expenses—Maint.way Maint. of equipm't- of July » exp. 10,542 599,901 1,031,118 179,635 180,553 4,652 338,780 3.475,569 1,046,957 1,486,603 33,421 2,369.391 478.013 1,096,800 234,407 174,613 12,914 324,960 2,735,912 6,455,185 1,693,314 1,272,934 84,573 2,176,946 Tot. exp.,incl.oth. 1,136.095 724.678 6,595.070 5.044.393 954.263 790.465 5.919.338 5.509.007 209.016 204,399 1,530,683 1,181,976 443,077 306,439 62,668 306,334 45,907 2,196,736 416,906 946,177 324,810 3,565 35,700 1,096,583 254,000 480,180 64,195 2,209,545 406,482 10,741 —1,855 9,908 -44,799 76,066 -52,918 65,543 8 7 33 127 314 696 46 162 313 -11.926 rev. Expenses—Maint.way Maint. ofequipm't. Traffic expenses Transportation Net from railroad - Taxes (less war taxes)Uncollectible revenue- Net after rents oper.I 270.739 1,803.055 842.576 4 1 7,477 260,299 1.779,515 320,670 -7,222 451,475 523 251,846 523 2,119,315 785,769 1,961,864 1,019 588,712 1,046 —20,222 522 428,831 1,011 261,729 523 -Month of July Jan. 1 to July 31- 1920. Freight revenue Passenger revenue rev. Expenses—Maint.way Maint. of equipm'tTraffic expenses Transportation exp. Tot.exp..incl.oth. Net from railroad 1919. 1920. 1919. $ EARNINGS. $ 3,530,509 •1,043,835 2,986,341 $ 21,069,021 5,923,238 $ 19,564,833 5,643.982 5,006,889 991,774 1,369.811 122,598 2,728,935 5,438.160 —431,271 Taxes (less war taxes). Uncollectible revenue- 130,879 Net after taxes, &c_ -562.246 Net after rents Aver, miles of r'd oper. 94 —893,180 2,472 1,046 Month 1920. $ ■Jan. 1 to July of July- 1920. 1919. $ S $ i.d< 328 Mississippi Valley of July-— $ 1,471,083 421,465 —Jan. 1 to July 31 1920. $ 12,368,852 3,331,029 1919. $ 9,534,523 2,900,563 1,923,656 72,442 602,074 1,496,746 185,934 304,322 20,414 570,825 2,534,077 597,270 257,566 3,108 1,576,667 228,705 344,320 43,687 149,419 1.301.539 1.150.080 2,246,511 1,419,411 14,695,026 10,416,78 45,251 7,500 275,128 46,025 346,685 52,500 257,566 82,746 549,397 2,036,268 560,213 2,587,283 409,485 4,413 1,801 194,670 6,782 97,449 3,640,540 32.717,520 24.408.333 214.226 -1,207 7,175 79,459 25.315 38,047 482,503 26,371 964,631 1,968,809 16,731,295 13,004,067 303,336 3,633,958 2,185,560 422,102 4,009,488 2,859,652 14,508 165,436 106,997 665,412 6,443,412 5,090,700 75,683 2,201 3,751 7 1 87 418 466,058—3,447,594 1,780,890 -8.382 37,751 229.096 294,164 204,732 473,245 5,416,013 2.472 411,404 2,477 -10,125 133 38,397 227,556 295,848 133 133 133 —30,147 1,381 458,065 1,381 266,410 2,472 -170.839 818,476 574,562 213,018 41,298 54,314 329 276 —118,738 880,647 520,591 4,214,715 30,170,998 26,945,567 703,149 5,686,842 4,074,700 749,958 8,724.972 5,025,306 63,090 608,769 375,276 1,981,513 16,415,177 13,987,277 2,537,233 752,592 -121,179 -21,558 —339,806 328 J| ^ 328 $ 1919. 1920. S 101,891 574,175—2,546,522 107,786 898,870 Month 31- 1919. 111,070 83,347 946,111 328 Yazoo & Western Ry of Alabama Wabash Tot., incl. other 612 108,916 378,881 Net after taxes Aver, miles of r'd 176,363 26,862 1,471,641 *2,175.997 1,844 1,381 2,064,040 1,382 •'■iv-' '■ V: INCORPORATED 24 BROAD NEW Chicago Cleveland YORK Boston Buffalo STREET Philadelphia San Francisco St. Louis INVESTMENT SECURITIES 7 v.;