cfc_19200313_supplement.pdf

RAILWAY

COMMERCIALCopyrighted in 1920 according

..101•1•1••••1•G.

of Congress, Washington, D. C.

EARNINGSSECTION OF THE

& FINANCIAL CHRONICLEto Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian

VOL. 110. NEW YORK, MARCH 3, 1920. NO. 2855.

Interfromper

Sworn

andand

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tative.

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showingInmaintenanceshowofaddition,equipmentwhich

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Commercewhere

OtherContinued.

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OnlySubscribers,

it freecopies

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publication is devoted to a presentation of the reports of earnings and

of United States railroads for the latest month (January) and for the

years 1919 and 1918. The table embraces every steam operating

in the country which is obliged to make monthly reports to the

Commerce Commission at Washington. Returns are now required only

whose railway operating revenues, or gross earnings, exceed $1,000,000

The figures are a transcript of the sworn returns on file at Washing-

ton. They have the further advantage of uniformity of method

Every company is obliged to make up its returns on the same basis

way as every other company.

The "Chronicle" has always made a specialty of weekly and monthlyreports of railroad earnings, and for nearly fifty years its weekly

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 usto present full details of both the revenues and expenses. Besides

gross earnings, we indicate separately the passenger and the freight revenues.

of the expenditures we report the outlays for both maintenance of way and

of equipment as well as the traffic and transportation expenses. We also

tax accruals (less War Taxes) and the net earnings after the deduction

and the comparatively trifling item of uncollectible railway revenues. In

indicate the net earnings remaining after the deduction of certain rents, namelyrents and joint facility rent. We conclude by giving the miles operated on

are based.

The cents we have necessarily been obliged to discard altogether, andif in any case the results should happen to vary a dollar, one way or

exact proof, the reason for the variance will be found in that circumstance.

To make this publication absolutely complete, we add statements

at the end to show also the figures issued by the companies them-

selves, where they are made up on a basis different from that of the

Commission returns, or where they give fixed charges in addition to earnings, or

have a separate and distinct fiscal year.

The matter contained in this extra and novel publication is entirely

additional to the comprehensive reports of earnings we furnish in the"Chronicle" from week to week. All the returns of the leading Toads,

weekly figures of gross earnings, are printed regularly and promptly in the

as soon as received. But in addition we issue once a month—say about the

publication, furnishing a sort of compendium of earnings in which we

all the returns for the latest month which are available.

As in the case of our numerous other Supplements or "Sections," all

of which are expensive publications, the "Railway Earnings Section"will be furnished only to "Chronicle" subscribers. These will receive

one copy going with each subscription. It will be impossible to obtain

other way, as none will be printed for general sale.

THIS entireexpensescalendarrailroad

-Statecarriers

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WILLIAM B. DANA COMPANY, PUBLISHERSNEW ORK

CHRONICLE BUILDING / FRONT, PINE & DEPEYSTER STREETS

am.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MAR., 1920d RAILWAY EARNINGS 3

•

•

GENERAL INDEX

TO ROADS APPEARING IN THIS SECTION.

Name— Page

• labama & Vicksburg 4

labama Great Southern. See Southern_12

nn Arbor 4

zona Eastern. See Southern Pacific_12

tchison Topeka & Santa Fe 4

. tlanta & West Point 4

tlanta Birmingham & Atlantic 4

tlantio & St. Lawrence. See Grd. Trk.

Lines in Now England

tlantio City 4

• tlantio Coast Lino 4

: altimore & Ohio 4

: altimore & Ohio Chicago Terminal 4

Baltimore Ches. & Atlantic. See Penn_10

Bangor & Aroostook 4

Beaum.Sour L. & W. SeeN . O. T. & M_ 9

Bellefonte Central 14

Belt Railway of Chicago 4

Bessemer & Lake Erie 4

Bingham & Garfield 4

Birmingham Southern 5

Boston & Maine 5

Brooklyn Eastern District Term 5

Buffalo & Susquehanna 5

Buffalo Rochester & Pittsburgh ..5 and 14

Canadian Pacific Lines (in Maine)____ 5

Carolina Clinchfield & Ohio 5

Central New England 5

Central of Georgia 5

Central RR. of New Jersey 5

Central Vermont 5

Charleston & West Carolina 5

Chesapeake & Ohio Lines 5

Chicago & Alton 5

Chicago & Eastern Illinois 5

Chicago & Erie. See Erie

Chicago & North Western 5

Chicago Burlington & Quincy 5

Chicago Dot. & Can. Grand Trk. Jot.

See Grand Trunk Western

Chicago Great Western 5 and 14

Chicago Indianapolis & Louisville 5

Chicago Junction 5

Chicago Milwaukee & St. Paul 5

Chicago Peoria & St. Louis RR 6

Chicago Rook Island & Gulf 6

Chicago Rock Island & Pacific 6

Chicago St. Paul Minn. & Omaha 6

Chicago Terre Haute & Southeastern 6

Cincinnati Indianapolis & Western 6

Cincinnati Lebanon & North. SeePenn_10

Cincinnati New Orleans & Texas Pacific_ 6

Cincinnati Northern. See N .Y . Central_ 9

Cleveland Cincinnati Chioago & St. Louis

See New York Central 9

Coal & Coke. See Baltimore & Ohio 4

Colorado & Southern 6

Colorado & Wyoming 6

Cumberland Valley. See Pennsylvania_10

Delaware & Hudson 6

Delaware Lackawanna & Western 6

Denver & Rio Grande 6

Denver & Salt Lake 6

Detroit & Mackinac 6

Detroit & Toledo Shore Line 6

Detroit Grand Hay. & Mil. See Grand

Trunk Western Detroit Toledo & Ironton 6

Duluth & Iron Range 6

Duluth Missabe & Northern 6

Duluth South Shore & Atlantic 6

Name— Page

Duluth Winnipeg & Pacific 7

East St. Louis Connecting 7

El Paso & Southwestern

Elgin Joliet & Eastern 7

Erie 7

Florida East Coast Fonda Johnstown & Gloversv_..7 and 14

Fort Smith & Western 7

Fort Worth & Den City. See Col. & So.. 6

Ft. Worth & Rio Gr. See St. L. & S. F_11

Galv. Harris!). & San Ant. See Sou. Pac.12

Galveston Wharf Georgia 7

Georgia & Florida 7

Georgia Southern & Fla. See Southern 12

Grand Rapids & Indiana. See Penn_ _ _11

Grand Trunk Lines in New England 7

Grand Trunk Western

Great Northern 7

Green Bay & Western

Gulf & Ship Island 7

Gulf Colo. & Santa Fe. See Atchison 4

Gulf Mobile & Northern 7

Hooking Valley 7

Houston & Texas Cent. See Sou. Pao_ _12

Houston East & West Tex. See So. Pao_12

Illinois Central 7

Indiana Harbor Belt. See N. Y. Central_ 9

International & Great Northern 7

Kanawha & Mich. See N. Y. Cont.__ 9

Kansas City Mexico & Orient RR 8

Kan. City Mex & Orient Ry. Co. of Tex. 8

Kansas City Southern 8

Kansas City Terminal 8

Lake Erie & W. See N Y Cent 9

Lehigh & Hudson River 8

Lehigh & New England 8

Lehigh Valley 8

Long Island. See Pennsylvania 10

Los Angeles & Salt Lake 8

Louisiana & Arkansas 8

Louisiana Railway & Navigation Co 8

Louisiana Western See Southern Pao_12

Louisville & Nashville 8

Louisville Henderson & St. Louis 8

Maine Central 8

Maryland Delaw. & Virginia See Penn_10

Michigan Cent. See N Y Cent 9

Midland Valley 8

Mineral Range 8

Minneapolis & St. Louis 8

Minneapolis St. Paul & S. S. M 8

Minnesota & Internat. See No. Pac 10

Mississippi CentraL.. 8

Missouri & North Arkansas 8

Missouri Kansas & Texas 8

Missouri Kansas & Tex. Ry. of Texas.. 9

Missouri Oklahoma & Gulf 9

Missouri Pacific 9

Mobile & Ohio. See Southern 12

Monongahela. See Pennsylvania 10

Monongahela Connecting 9

Montour Morgan's L. & T. RR. & SS.Co. See So. P.12

Nashville Chattanooga & St. Louis 9

Nevada Northern Newburgh & South Shore

Now Orleans & North Eastern

New Orleans Great Northern

New Orleans Texas & Mexico

New York Central

Name— Page

New York Chicago & St. Louis.. ..8 and 14

New York Now Haven & Hartford____10

New York Ontario & Western__10 and 14

New York Phila. & Norfolk. See Penn_10

New York Susquehanna & Western_ ___10

Norfolk & Western 10

Norfolk Southern 10

Northern Alabama 10

Northern Pacific 10

Northwestern Pacific 10

Oregon Short Line. See Union Pacifio 13

Oregon-Wash. RR. & Nay. See Un. Pao.13

Panhandle & Santa Fe. See Atchison 4

Pennsylvania Railroad 10

Pennsylvania Company. See Penn 10

Peoria & Pekin Union 11

Pere Marquette 11

Perkiomen 11

Philadelphia Bethlehem & New Eng 11

Philadelphia & Reading Ry 11

Pittsb. & L. E See N Y. Cent 10

Pitts. Cin. Chic. & St. Louis. See Penn_11

Pittsburgh Shawmut & Northern 11

Pittsburgh & Shawmut 11

Pittsburgh & West Virginia 11

Port Reading 11

Quincy Omaha & Kansas City 11

Riohm. Fred. & Potom. See Rich.-Wash.11

Rutland 11

St. Joseph & Grand Isl. See Union Pao_13

St. Louis-San Francisco 11

St.L.Brownsv.&Mex. SeeN . 0.T.&M.. P

St. Louis Merchants' Bridge & Terminal.

See Terminal Association of St. Louls_18

St. Louis San Fr. & Tex. See St. L.-2 F_11

St. Louis Southwestern 11

St. Louis S. W Ry. of Tex. SeeSt. L. &S. W .11

St. Louis Transfer 12

San Antonio & Aransas Pass 12

Seaboard Air Line 12

South Buffalo 12

Southern Railway 12

Southern Pacific 12

Southern Ry. in Mississippi. See South_12

Spokane International 12

Spokane Portland & Seattle 12

Staten Island Rapid Transit 12

Tennessee Central 12

Terminal Railroad Assn. of St. Louis 13

Texarkana & Ft. Smith. See Kan. C. So. 8

Texas & Now Orleans. See So. Pao_ 12

Texas & Pacific 13

Tol. & Ohio Cent. See N. Y. Cent.. ....10

Tol. Peoria & West. See Penn_11 and 14

Toledo St. Louis & Western 13

Trinity & Brazos Valley. See Col.& Sou. 0

Ulster & Delaware 13

Union RR. (of Pennsylvania) 13

Union Pacific 13

Utah_ 13

Vicksburg Shreveport & Pacific 13

Virginian 13

Wabash 13

Washington Southern. See Rich.-Wash_11

West Jersey & Seashore. See Penn........ 10

9 13

9 .13

9 18

9 _13

9 Wichita Falls & Northwestern__ _ ...13

9 Yazoo & MIIIIINSIDDi Valley _18

Western Maryland Western Pacifip Western Railway of Alabama

Wheeling & Lake Erie

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4 RAILWAY EARNINGS [VOL. 110.

INTER-STATE COMMERCE COMMISSION RETURN'S FOR JANUARYAND THE TWELVE MONTHS ENDING WITH DECEMBER

In the following we furnish detailed figures of earnings and expenses for January 1920, as compared withJanuary 1919, and also for the twelve months of the calendar years 1919 and 1918, of every steam railroad in theUnited States which is obliged to file monthly returns of earnings and expenses with the Inter-State CommerceCommission at Washington.It should be understood, however, that the Inter-State Commerce Commission now requires monthly reportsonly from roads whose gross railway operating revenues exceed $1,000,000 per annum. Prior to the taking overof the roads by the Government, or, to be strictly accurate, prior to the call for the March 1918 reports, monthlyreturns were required from all carriers having railway operating revenues in excess of $100,000 per annum.In the closing page of this publication-page 14-we also give the Company returns where these differ inany way from the Commerce Commission returns or embrace more facts than are contained in the latter.

EARNINGS.

Freight revenue Passenger revenue.. Tot., incl. other rev.

Expenses-Maint.wayMaint. of equIpm't_Traffic expenses_ Transportation exp..

Tot.exp..incl.oth.Net from rallroad.. Taxes (less war taxes) _Uncollectible revenue..Net after taxes, &a.

Net after rents ' Aver. miles of r'd oper.

Alabama & Vicksburg-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ $1,828.832 1,603,977 162,994 151,021774.484 622,950 70,488 73,991

Atlanta & "West l'odtit-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ S $ $1,338,208 1,252,802 126,603 119,7121.141.568 1.041,403 86,758 80,8572,794,556 2,470,855 296,302 241,284505,791 269,367 40,918 28,341592,748 591,657 48,224 62,81727,063 42,982 3,993 1,6601.117,258 1,032,214 105,940 110.099

2,778,663 2,548,440 277,527 222,015364,181 254,171 41,169 26,518503,399 456,331 36,572 44,15340,532 40,742 5,570 3,0691.055,581 867,069 101,796 89,8132,375,656 2,045,117 212.163 '212.124 2,067.912 197,186 169,924.

418,6 425,738 84,138 49 atm)136,817 138,194 12,318 9,405337 260 60 10

.1,730,354710,651 818,08g 80,341 ". 62,00089,402 93,566 7,450 8,500;111 75 331281,745 287,283 71,758 19,743 621,13(1 724,443 72,89)) 43,556-72-6(-1-,522 - 323,905 7.2-.,'70 1933/9141 141 141 141

Ann Arbor-Jan. 1 to Dec. 31- -Month of January-

536.041 647,318 67.106 -777175 40,68993 93 93 93Atlanta Birmingham & Atlantic-Jan. 1 to Dec. 31- -Month of January-EARNINGS. 1919. 1918. 1920. 1919.$ s $ $ 1919. 1918. 1920. 1919.$ $ s $Freight revenue 3,579,845 2,782,381 340,193 312,956 3,659,464 3,524,660 335,675 273,693

Passenger revenue__ 718.714 567,580 53,614 50,148 970,846 850,546 72,343 78,736Tot., incl. other rev. 4,533,990 3,585,907 455,983 376,209 4,961,071 4,703,381 523,803 381,525Expenses-Maint.way 619,180 595,485 39.521 83,541 1,159,042 1,065,891 87,736 111,069Maint. of equipm't_ 816,334 773,071 86,745 70,223 1.545,076 1,253,008 146.293 147,3571Traffic expenses.._ _ 57,592 47,193 5,473 2,417 95,711 96,176 13,804 5,544Transportation exp_ 2,103,758 1,661.727 216,579 151.318 2,788,678 2.470.841 221,813 232,681 1Tot.exp.,incl.oth. 3,724,331) 3,195,423 350.719 32.).442 5,741,153 5,038,455 482,274 510,367,Net from railroad_ __ _ (0-1,-6-0 390,484 96,264 5'), I 07 -7$0,080 -335,0 4 --4=170 11gaa

Taxes (less war taxes). 193,200 157,200 16.700 13,100 191,734 194,782 16,005 16,000Uncollectible revenue_ 499 1,026 12 33 1,963 1,038 215 177Net after taxes, &c.. 615,950 232.258 79,551 42,633 -973,778 -530,894 25,313 -145,020Net after rents 570,529 176,134 61,68) =7E7 --7-4 rsair5 -684,761 22,024 .-146, 9?)Aver. miles of r'd oper. 301 301 301 301 639 639 639 639Atchison Top & Santa Ye System Atlantic CityAtchison 'Topeka & Santa Fe -Jan. 1 to Dec. 31- -Month of January-EARNINGS. -Jan. 1 to Dec. 31- -Month of January- 1919. 1918. 1920. 1919.1919. 1918. 1920. 1919. $ $ $ $Freight revenue 124211105 113798080 11,791,630 9,143,307 1,454,563 1,892,752 112,011 159,656Passenger revenue.. 45,628,937 37,045,790 4,424,039 3,303,477 2,783,239 2,138.080 118,159 103,116Tot.. incl. other rev 179904498 162369130 1-5-f7U-370 13,028,539 4,462,164 4,252.769 2(30.864 295,540Expenses-Maint .way 23,158,350 19,037,932 1,678,003 1,804,167 624,460 435,050 40,970 43,357Maint. of equipm't_ 40,017,505 35,100,235 4,094,189 3.291,239 535,624 449,164 25,823 29,609Traffic expenses_ _ _ 1,723,289 1,675,783 181,825 128,567 18,507 13,158 953 • 89Transportation exp.. 63.140,910 56.588.997 5,826,925 5,255.361 2,232,445 1,987,832 182,347 172,313'Tot.exp ..incl.oth 130502244 114912375 12,015,529 10.737,6?9 3,428.449 2,901.005 251,026 246,369Net from railroad__ .._ a9T402715417,74-56.-754 '8,16141 2,290,91 1,023,714 1,351,264 838 -70776Taxes (less war taxes)_ 7,811,542 6,726,927 689,497 550,683 174,258 144,495 11,602 12,000

Uncollectible revenue_ 33,572 21,492 2,395 1,964 35Net after taxes, &c_ 41,557,139 40,708,335 1-7(----71,54 1.738,262 849,419 1,206,769 -1,770 37,170Net after rents 40,035,269 IT,75-5-873TZ 7,473,726 77,704,713-TWAT 1,018,478 -14,441 -29,95dAver. miles of r'd oper 8,650 8,643 8,662 8,635 177 177 177 177Gulf Colorado & Santa Fe Atlantic Coast Line-Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January-EARNINGS. 1919. 1918. 1920. 1919.S s $ $

1919. 1918. 1920. 1919.$ s s sFreight revenue 15,232,811 12,844,674 1,617,551 1,015,056 40,842,112 36,483,716 4,289,414 4,023,436Passenger revenue.. 5,737,771 4,878,257 540,381 374,011 18.448,228 16.567,082 1.397,924 1,494.849Tot . incl. other rev. 22,18i,340 18,885,097 2,591,019 1.440,012 63,558,451 56,092,329 6,820,139 5,887,841Expenses-Maint.way 4,766,137 3,422,867 409,937 278,410 9,488,091. 6.567,499 821,231 775,685Maint. of equipm't_ 3,774,016 3,476,114 401,948 235,954 13,851,670 10,904,846 1,256,242 1,070,810Traffic expenses_ _ _ 201,917 228,958 20,467 11,042 775,813 620,155 00,528 53,558Transportation exp_ 9.024,490 .7,158,791 910,320 585,793 27,702,731 23.186,790 2.803.746 2,326,324Tot.exp.,incl.oth 18,300,458 14,829.9281Th.-7.;707 1,154,898i 53.499.911 42.663.302 5,154,45(1 4,365,054Net from railroad_ 3.818-3788-1 4,055,169 --E-417 4)2 285,114 10,0a8,040 1,1,==:(73 1,665,688 1,62rM

_Taxes (lass war taxes) .. 1,041,278 853,696 85,917 71,167 2,510,000 2,495,000 200,000 200,000Uncollectible revenue.. 7,014 4,5:19 104 130 19.548 6.930 903 721Net after taxes.. 2,835,588 3,196,932 719,679 213,816 .7.528,992 11,827 096 1.467,785 1,322,064Net after rents '2,433,861 2,824,145 674,20g 189,037 7,144,330 11,626,124 1,41-0767711 1,32MAver. miles of r'd oper. 1,935 1,934 1,937 1,917 4,867 4:820 4,886 4,839Panhandle & Santa Fe • Baltimore & ()MAD-Jan. 1 to Dec. 31- -Month of January- Includes Coal & CokeEARNINGS. 1919. 1918. 1020. 1919. -Jan. 1 to Dec. 31- -Month of January-$ $ $ $ 1919. 1918. 1920. 1019.Freight revenue 5,076,604 4,275,636 503,198 314,530 136802,852129047,317 12,341,181 9,543,081Passenger revenue _ _ 1,325.235 1,253,186 140,700 73,472 31,724,005 30,676,946 2.098,761 2,700,553Tot.. incl. other rev. 6,708,469 5,809,657 768,770 403,437 182620,016174191,448 17,343,667 13,332,116Expenses-Maint.way 1.098,970 1,092,039 100,252 110,280 26,168,745 25,775,063 1,548,787 2,079,348Maint. of equipm't 2,125,553 1.767,964 203,163 147,446 56,364,803 48,903.661 5,275,708 4,703,968Traffic

expenses..- _

Transportation exp..48,140 46,772 4,929 4,9232,908,479 2,303,815 284.661 261,964

1,886,254 1,964,492 192,901 151,48679,727,340 78.846,090 8.373.719 7,055,035Tot.exp.,incl.oth. 6,346,727 5,351,375 610.009 539.626 )69869,125160592,180 15,879,088 14,505,131Net from railroad 361,741 457,781 158760 -136,181) 12,750,80d 17,7599,'6 1,464,571,Taxes (less war taxes)_ 234,258 104,550 20,437 16,213 4,872,094 4,784,145 476,396 411,339Uncollectible revenue.. 1,640 1,530 16 110 21,070 19,829 8,922 2,929Net after taxes, &c_ 125,843 261.683 138,306 -152,513 • 7,857,225 8,795,292 979,260-1.587,283Net after rents 213,475 8,170 101,.15' -174,299 5,082,'(2f 7,188,081 999,64d-1717f96,953Aver. miles of r'd oper. 772 741 772 7721 5,151 5,151 5,151 5,151

13 & 0 Chicago Terminal-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.S. $

3,049 4,8872,058,947 1,761,485397,987 320,062540,261 636,33513,914 12,850

1,556.631 1,605,174

214,87913,40536,2471,257

163,652

7127,68652,60652,377

907132,1092,669,578 .2,699,703 226,639 254,814

--610,630 -938,21Y -.=n6 --127,12t329,176 359,537 26,542 31,876727 112-940.534-1,297,866 -38,302 -159.00321,7,002 --------m-,rn 37,109 ----7---am90 91 00 91

Bangor & Aroostook-Jan. 1 to Dec. 31- -Month of January-1910. 1918. 1920. 1919.$ $ $ $4,063,168 3,795,890 417,614 375,502953,917 813,036 79,899 73,7365,287,299 4,863,222 591.175 470,4841,177.240 791,357 69,153 99,7341,506,244 1,162,520 143,858 92,97145,871 45,924 3,404 4,6322,040,864 2,038,997 210,608 200,4764,993.372 4,239,516 445,292 417,318'-207621f 623,705 77,77 53.16g257,688 213,418 24,599 21,0001,924 221 543,314 410,065 121,283 32,110

104,544 592.28' "IiiTird 35,173632 632 632 632Belt Railway of Chicago-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.

$ $ $

3,780,321 3,809,764 419,786 256,233357,145 413,401 32,925 40,220665,153 789,389 69,144 40,7954,284 4,806 313 3822,260,654 2,476,300 263.732 108,667:3,381,870 3,775,409 373.693 289,418398,451 1.24,355 ----1777 -33,18g186,325 197,074 15,682 16,442

212,125 --72,718 30,411 -49,6271,620,468 -17717N 140,024 .. 19ar.ag31 31 31 31

Bessemer & Lake Erie-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ s11,701,707 12,688,341 555,019 570,123493,610 395,085 34,742 32.94912,508,699 13,417,664 639,349 662,8511,860,355 1,139,120 65,242 45.2024,199,161 3,462,840 327,430 314,566126,270 129,139 10,968 9,2784,025,268 4,430,406 296,190 326,58110,452,120 71,177753 731,773 -75-57002,056,570 77n11737g --:=02,4rs1 --42,678210,639 241,626 13,900 14,500191 1 12 601,845,748 4,008.698 --106,336 -57,239. 33,659 4,91-rriir 1070fis 4,396217 208 217 217

Bingham & Garfield-Jan. i to Dec. 31- -Month of January-1019. 1918. 1920. 1919.$ s $ $1,241,894 3,308,158 147,229 136,640. 24,810 48,535 1,844 3,1861,314,960 3,450,747452,108 475,405492,728 570,83615,607 16,322

353,796 680.514

152,1513:3,41739,9111,588

38,243

146,13631,53340,1562,109

43,9301,389,775 1,854,093 119,124 127 850

33,026-74,814 1,506,654101,539 128,763

0-176,351 1,467,89 1,662,606

37 36

7,425 .---174,7539,565

25',601 8,72137,490 16,32(1

36 30

4

5Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MAR.. 1920.] RAILWAY EARNINGS 5

EARNINGS.

' reight revenue assenger revenue _ _ _

, Tot., Incl. other rev.: spenses-Maint.wayMaint. of equipm't_Traffic expenses_ _ _Transportation exp _

Tot.exp.,incl.oth.et from railroad_ _axes (less war taxes) _ncollectible revenue_Net after taxes, &c_et after rents

Aver. milts of r'd oper.

EARNINGS.

Freight revenue Passenger revenue_ _ _

Tot., incl. other rev.Expenses-Maint. wayMaint. of equipm't_Traffic expenses...Transportation exp_

Tot.exp.,Inci.oth.Net from railroad.. _ _ _Taxes (less war taxes) _Uncollectible revenue.Net after taxes, &c..

Net after rents Aver. miles of r'd oper.

EARNINGS.

Freight revenue Passenger revenue_ .._

Tot.. incl. other rev.Expenses-Maint .wayMaint. of equipm't.Traffic expenses _Transportation exp_

Tot.exp.,incl.oth.Net from railroad_ _ _ _Taxes (less war taxes).Uncollectible revenue..Net after taxes, &c_


EARNINGS.

Freight revenue Passenger revenue _ _ _

Tot., incl, other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses_ _ _Transportation exp.

Tot.exp.,Inel .oth .Net from railroad_ Taxes (less war taxes) _Uncollectible revenue_Net after taxes, &c..

Net after rents Aver. miles of r'd over.

EARNINGS.

Freight revenue Passenger revenue _Tot.. Incl. other rev.

Expenses-Main t. wayMaint. of equiptn't_Traffic expenses Transportation exp.

Tot.exp.,Incl.othNet from railroad_ _Taxes (less war taxes).Uncollectible revenue.Not after taxes, dm_


EARNINGS.

Freight revenue Passenger revenue_ _

Tot.. incl. other revExpenses-Maint.wayMaint. of equipm't_Traffic expenses. _ _Transportation exp.

IA Tot.exp..inci.oth.Net from railroad_ _Taxes (less war taxes).Uncollectible revenue_Not after taxes, &c..

1. Not after rents Aver. miles of r'd ()per.

•

4,

EARNINGS.

Freight revenue Passenger revenue

Tot., incl. other rev.Expenses-Maint. wayMalta. of equipin't_Traffic expenses_ _Transportation exp.

Tot.exp.,Incl.oth.Net from railroad_Taxes (less war taxes) -Uncollectible revenue_Not after taxes, dm.

Net after rents Aver. miles of r'd oper

Birmingham Southern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919. 1$ . $ $ $

434.080 1,167.152 23,884 46,22510.383 ----

567,34052,76672.4428,682

295.154401) 571)

1,39 7 ,2 5 4106,867252.01010,979

508.529

Central of Georgia-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1019.$ $ $ $

13,136,534 12,877.851 1,296,970 955,1736 489 994 5 9-6 487 539,050 519,224

35,147 56,903 21,0,95,510 20.092,888 2,411,342 1,658,8054.250 3,934 4.368,741 2,981,908 360,797 329,6756,301 3,963 4,471.773 4,131,793 429.572 395,003899 795 427,147 377,070 51.597 28,041

24,989 21.041 9.212.120 7.893.215 895.825 780,616

loll 39,744 32,812

9/.770 384.492 24,09626,864 95.121 1.754 2,681

062 _ _ 9tol 014 987 1-0

23,228 309.41129 27

Boston & Maine-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

43.303,174 43.085,443 4.102,181 3.231.41321.812,786 19.048.390 1.631,875 1,565.961

72,683,879 69,911,392 6,778.276 5,445,484'9.566.430 10,018,497 623,231 673,518'15,216,933 14,175,173 1,575.772 1,142,877

495,803 480.808 50,962 37,52138,266 685 37.501,330 3,916,461 3,363,081oi“ ().,:t ,;.; 7 61.110 "1 6,368.578 5,425,870

7171.7= 5,,p-1=.04,1 400.691 l9 6142.393.099 2.190,399 214,035 172,385

1.031 123 3.2254,166 Oil ')'I').')'18 192,435 -152,771

3.108,717 1, i 33,008 ----711-77 =7512.258 2.258 2.258 2.258

Brooklyn Eastern District Term.-Jan. 1 to Dec. 31- -Month of January-

1910. 1918. 1920. 1919.$ $ $ 3

84,078 57,088

92,02835,45748,423

59,816147.459

1). •)•/ , 1/1 4.177 1,808,202 1,588.448

2.459.906 4.6/ 4,, 11 (37574-13 70,357815.722 788.079 70.223 66,75012.704 6.626 131 343

-6.359 21,409 , ',II 590 3 Ks0 001 532,786 3,264

-9.982 20,:-.172 1,551.9.i4 3,894.068 4977W ----aa26 291,918 1.918 1,918 1.918

Central New England-Jan. 1 to Dec. 31- -Month of January-

1919. 1918.$ $

1920.$

1949.

1.321,917 1,763,211 471,630 473.864365.127 265 161 24,665 24.273

1,735,078 2,147.406461,549 425,156813,963 784.93135.607 44,301

1.070,840 1.167.681

Chicago di Eastern Illinois-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.3

18,019,272 20.811.732 1,710,974 1,567,5964.893.306 4.030.670 416,568 395.783

24,795,180 26,753.092 2,932,417 2.093,2163,663,391 3,559,040 241,269 311,7188,974,253 8,745,842 760,594 735,286254,553 269,567 18,209 19,464

10.439,998 0 801 204 1,032,340 961,46393 906 040 240)'....'0 2,110,441 2,079,824

799,180885,591

5,393

299.531940.3494 052

821,97685,000

110

13.39179,591

448-01 8(4 1.7',3 190 736,865 -66.648

-455.068 1,539,112 838,776 Tr-120,17S1,131 1,131 1.131 1,131

Chicago & North Western-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ X

92,084,613 87,630,795 7,567,843 6,494,74235.213.606 29.000 961 2,774,911 2.589.883

531,710 519,438 139589,915121295,618 13,093,062 9,795,841110,447 87,302 20,696,215 19,490,620 1,485.108 1,332,123199,848 140,992 29,687,410 26,834,170 3,007,465 2,292,615

2,779 1,509 879,110 951,457 84,200 70,750333,323 292,291 64.202,497 58,833.776 6.728,877 5,213,115

2 1,); 71 1;3 661,908 533,650

-759,100 -39:0,9, -=-130,197 -14,21178.079 00,803 17.800 16,000

18 4 1-83- '9% -oil -,,e) -148,001 -30,213

-868.505 --59,2o1 =21'6-71“ "r1763n247 24 301 301

Central Railroad of New Jersey-Month of December- -Jan. 1 to Dec. 31-

1919. 1918. 1919. 1918.S $ $ $

2,758.385 2,648.173 32,709,113 33.387.854663,793 631,372 8,530,339 7,753,315

65,862 3,910.766 3,559,889 44,837.302 44,790.67027,503 552.555 575.925 5.510.957 4,068.18231.237 1.018.483 1,139.472 11.869,423 10.419.619

66 35.295 30,784 322.111 301.72350.459 2,103,889 2,134,703 21,358.893 20,458,641

113,791-7_65.4n _4 4:9695,943

7 92g

-61,373 -52,898

- --1711,71M =UTZ10 10

Buffalo & Susquehanna RR Corp-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ S

1,975,390 2,138,357 210.405 180,603F11.847 70,036 6,914 7,410

2,157.830 2,2,10.1)66536.043 424,531

1,157,831 839,73224,125 23.338

757.766 449.600

226,49829,205108,135

2,86491,139

192,81045.59583.9091.783

69.1859.F1 '4 41.1 9 9 Is 239,313 208,353

--416,586 -17,928 1818* =ITIM41,150 38.800 3,350 3,250

4-457 710 1 ; '98 -16,165 -18,792

-413.303 108.608 ----76 -18.97/296 265 296 296

Buffalo Rochester & Pittsburgh-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

11.787,447 16,437.948 1.110,535 1,240,7061 591.469 1,335.897 128,184 120,003

13.055,591 18,479,058 1.322.703 1,400,2742,366,023 2,823.761 193,825 197,0065,264.848 5.966,244 504,118 526.220

175.926 187.923 13,202 15.2186.800.537 8.179 786 679,715 680,792

15 0')4 796 17 '3; 7 ,07 1,425,019 1,453,375

-1=171 901.:.1.,(1 -102.315 733,71280.000 294.580 25,000 / 27,000

572 312 634-1151707 60- 1,7 -127.949 -80,101

-11'‘a=?I9 .) 1.02/ .018 25.219 -68,696(See also on page 14) 589 589

Canadian Pacific Lines (in Me)-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1.060.630 1,945.843 279,806 256.521051.377 293.152 65,955 40.960

2,754,953 2,409,260612,706 546.288641.108 581,85430,658 28,949

1.709.804 1.507.053

357.39426,97575,5212.876

258,949

310,16539.90469.0762,685

248,172

'4034.808 2.697 114 368,003 363,561

'7---2777A"=-= -10.608 -53.396146,733 137.952 12.200 11,000

--426 5/4/1 -425 410 -22,808 . -64,395

".7-01=773 =077 -36.493 -95,678233 233 233 233

Carolina Clinchkeld & Ohio-Jan. 1 to Dec. 31- -Month of January-

1910. 1918. 1920. 1919.$ $ $ $

3,448,187 4,302.471 551,471 445,773412.583 415,593 32,277 29,523

5,970,134 4,811.538 616,785924,789 656,521 80.426

1.522,619 1.168.482 197,14563.006 94.114 4,459

1.881.746 1.557 080 190,205

487,89783,112114,3674,160

158,513

4.554 882 3,625 501 486,962 373,806

1,415,252 1,185,9 --mums ---1117m213,819 195,500 13,500 16,300

914 4 41

1 901.108 900 471 116 281

1,098,613 187,727282 282 282

97.79078,1891

282

3.817,635 3.991.212 40.273.050 36,369 270

93.131 -431.322 4,563.351 8,421.400481.244 16,397 2,763.901 1.899.982

9 38 178 4,891

-388.122 -447.757 1.779,271 6.516.525

7:1282.566-E17,76.0§6685 684 685 684

Central Vermont-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ s

4,255.202 3.799.679 343,651 323,3031.075.588 . 847.284 89.234 79.399

5.852,308 5,188.8121,077,905 819,1801.501.457 1,323.477

96,167 89,6103.519,556 3.18-.154

536,501 432,29754,003 48,199134.799 124,10811.750 6,159

363,707 311,072•v/, KKK 5 ,,KK 584,674 ---Kr775TO-580.580 -399.126 =''5,4

189,174 184.301 17,400 17,400524 164 15 10

-770941 -581 1.0

-833,819 -632.600 -:---75177 -7=fursrA411 411 411 411

Charleston & Western Carolina-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

2,343,332 2,154,489 211.885 187.104630,765 713,000 54.651 57.875

-65,588 -92,652

3,121.636 3,015,886 278,921576.784 422,435 58,061596,317 457.591 86,18061.317 50.086 570

1,523,533 1,324,607 141,021

i 9 ,),•t•45 lnq 11,674,726 9,2:38,403

20,010.528 17./9‘,106 1,418,2865,752,459 5.497.481 578,442

12.450 26.667 1.294

557,437475,000

1.92914 )215 1-0/) 12 9-0 056. 838,548 80,508

12,678,750 12,441.437 820,384 ... 2,1974'8.090 8,090 8.090 8,090

Chicago Burlington & Quincy-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.5 ' $ 5. S

107019,787104492.837 10,076:089 8,681,84335 345.284 28.052 904 2.708,816 2.481,515

154011,437144172,109 16,570.348 11.647,08021,487,642 19,996,385 1,189,626 1,364,56032,422.400 29,726,986 2,847,865 2,423,5841.064.457 1.209.-96 90.398 88.686

60,170,509 56,825,202 6.301.552 4.967,7531,11 ‘.10 i 1,1 10,898,246 9,245,746

33,518,4/5 32,105,153 5,672,101 2.401,:a75,744,553 5.511.594 545,360 476,182

31.580 16 357 2,513 3,18597 , 19 3 II 244.5, 7 "01 5,124,227 1,921,966

25,150,5:32 25,0 0.1199 4.904.047 1.748.6559,372 9.373 9.371 9,372

Chicago Great Western-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ 4

14,555,496 12,888,034 1,320,195 1,060,2515 979.146 4 756 910 474.295 490,500

22,128,189 19,110,924 2,257,561 1,653,6173,525,827 3,129,184 222,728 207,0905,010,518 5,130,650 488,949 465,490320,950 386,761 28.247 24,676

0,745.332 4,440 Ogg 1.014,001 798,25010 301 163 1 'el 007 1,820,214 1.554,398

2.823,026 1,333,82/ 437.346 99,218682,589 67E091 . 54.865 54,974

848 5.164 74 2882 110.587 6,-,- 1-1 382,555 43,955

1.093,678 21.456 -5-277/0 =i-r(IZT(See also on page 14) 1.496 1.496

Chicago Indianapolis & Louisville-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

8.366,514 7.602.549 799,898 598,0752.991.919 2.462 523 224,158 200,194

257,979 12,355.826 11,017,274*-- =36775445.977 1,464,706 1,303,189 120,746 88,75666,029 3,304.501 2,951,589 342,868 238,0953.467 172.144 190,186 20.843 11,591

120.452 5.384.032 4.519,118 502,840 403,559

2,822,752 2,317.402 - 286.007 242,424

298,883 -w1 •=7;177 15.558100,065 108.000 8,500 8.500

49 161 198,767 590,322 -15,67-5 7,055

162.774 548,531 -35.916 -8.115342 342 342 342

Chesapeake & Ohio Lines-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

53,073.001 55,720.372 4.816.259 4,467,10314.158.153 13.699.402 767,320 1,220,636

71,475.015 73,720,19611,608,514 9,700,65918,114,491 16,178,533

471.582 484.41729 .766.157 26.180.7430 tirn3,473 5.1 143 00110.798.542 19,5/1,7952,165,079 1,920.000

5.569 2.800

6,420,510 (-1,07/7670697,484 965.778

1.741.610 1.358.14840.847 39.801

2,706,013 2,434.6985,331,962 4,944,3301,088.547 17877-4-6189.810 172,000

333 2939F57470802.946

2,484

627.8(13 17 44:-.1 46)) 898,404

7,403.955 17,042.405 11761=2,505 2.479 2,516

Chicago & Alton-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ S

17,330.784 17,249,856 1,526.161 1,464.1906.404.080 5,567.435 471.562 461,659

25.272.334 24,358.6614,287.849 3,522.4187.359,845 5,096.530292.379 316,521

10,903.751 In 239.65591.551 710 20 ,0. 41,4

1,718.62 3,681,232738)867 713.001

2.504 2.6071.13 9 Mir, 40"9

-2311,24b 1,776, /"401,050 1,050

2.541.179 2.032,652230.960 278,669720.635 578,86923.686 20.620

1,138.903 921,8692.177,538 7i3-58,7753 363,646 173,91459,270 55.500

267 34304,102 118,380209,488 -113

1.050 1,050

-81 MM.493 772,010

1.5914045 1 .i2,.490 285,323 94,724494,840 393.585 47.476 30,663

1,501 783 20 100, -01 1 331 110 -2777826 64,051

403.226 744.006 168,2r. -87584654 657 654 657

Chicago Junction-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $

3,712,478 3.435,784 348,064 314.804738,908 626,722 36.922 95,817613.539 543.804 54.361 55,825

1.193 6.844 322 922.799.214 2.529.555 293,018 260,2424 924.910 : 792 001 391,161 419,800

---711.731 -355.309 -43,006 =176770539,488 29,154 2.876 2.155

83_551 303 -185,464 -45.972 --107,151

---82,179 133,513 -11.604 -45.645' 12 12 12 12

Chicago Milwaukee & St Paul-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.I $ $ $ X'106288,453 98,244,323 8,794,030 8,151,53330,391.q0 23.663,007 2,267.079 2,223,563

150370,394134772,945 14,533,590 Miryrigli23,144,811 19.289,468 1,629,567 1.397,82840.422,005 38,321,620 3.337,190 3.667.965' 1,107,107 1,246,825 94,805 67,98460,288,818 61 ,510,825 6,933,011 5,763,627

1945001 7041936'm 300 12.441,382 11,205,944

11,1108.689 11,103.645 2,3-2.Ni7' 1EU7d6,306,997 6.331.690 480,239 523,683139.420 44.617 21,605 1.781

S 369 971 4 79- 907 1,590.363 -537,541

, 3,1:34.8493,884,421 7712771175 --7a1.761510,647 10675 10,628 10,646


RAILWAY EARNINGS [VOL. 110.

EARNINGS.

Freight revenue Passenger revenue Tot.. Incl. other rev

Expenss-Maint.way.Maint. of equipm't_Traffic expenses_ _ _Transportation exp_

Tot.exp.,incl.oth.Net from railroad_Taxes (less war taxes) _Uncollectible revenueNet after taxes, &c_


Chicago Peoria & lit Louis-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ s $ $1,321,917 1,763,211 148,514 94,940305,127 265.161 25,859 24,022

Colorado & Wyoming-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.

$ $ $ $253,771 336,052 11,425 22,06114.217 24 972 670 1,1341,736,078 2,147,466 201,953 125,305461,549 425,156 31,791 33,403813,963 784,931 79,071 59,33335,607 44,301 1,238 2,3861,070,840 1,197,681 75,269 81,281

915,650 1,123,240 48,876 96,283114,610 124,283 7,568 7,314176,176 181,185 12,148 17,662

1,810 2,010 325 114413.167 496.703 24,367 50,1972,495,179 .2,541,163 209.762 185,645 750.971 865.142 48.553 79,474--7459,101 --393,69Y78,079 90,803 6,100 7,40618 13

........... ............164,6, 9 208,098 323 113,80848,000 48,623 5,000 4,000--837,198 --484,500 -13,909 --67,759 116,679 219.465 -4,676 12,808-868,505 17:72777 -7=22,261 "-.77757164247 247 247 247

80,32 =1.77163 1.1=71M1. 10,03843 42 43 41

Chicago Rock Island & Gulf-Jan. 1 to Dec. 31- -Month of January-Colorado & Southern System

Colorado & SouthernEARNINGS. 1919. 1918. 1920. 1919. -Jan. 1 to Dec. 31- -Month of January-$ S $ $ 1919. 1918. 1920. 1919.Freight revenue 3,638,605 3,073,785 428,116 271,945 9,701,856 10,114,942 806;316 874,873Passenger revenue 1.101.045 1.072.938 111.624 82,617 2.510.935 2.019,672 192,006 151,034Tot., incl. other rev. 5,046,028 4,420,008 661,042 371,329 12,9;6.643 12,947,687 1,222,633 1,089,357Expenses-Maint.way 776,508 649,078 88,001 71,552 2,086,269 1,481,242 110,040 109,904Maint. of equipm't_ 880,146 729,283 107,031 102,044 3,108,389 2,899,035 270,953 . 255,045Traffic expenses.._ _ 83,811 85.772 7,337 6,051 104,018 99,141 8,526 6,635Transportation exp.. 2.202,973 1.712.774 212,307 184.85C 4.855.574 4.59 002 447,262 410,523T ot .exp . , in cl .oth . 4 099.715 3 3'28 f ,9; 428,045 376,645 10.661 265 9,50ii.t.97 8,6,114 825,414Net from railroad 940,312 1,091,910=7.'32,97 11.•=1"6=316 2,315,378 3,440,i al) 346,63,Taxes (less war taxes) _ 158,121 147,030 14.017 13,154 567,628 564,000 56,989 47,000Uncollectible revenue 465 2.029 77 102 4,592 1.055 612 376Net after taxes, &c_ 787.726 94? 850 218,962 -18,573 1.743.158 2.875 754 295,016 216.566Net after rents 729,991 998,731=M -7•1= 1,638,724 2,803,699 =MI a-2=,8Aver. miles of r'd oper. 463 474 463 474 1,100 1,100 1,099 1,100Chicago Rook Island dtc Pacific Fort Worth & Denver City-Jan. 1 to Dec. 31- -Month of January- -Jan. 1 to Dec. 31- -Month of January-EARNINGS. 1919. 1918. 1920. 1919.$ $ $ .3

1919. 1918. 1920. 1919.$ $ $ $Freight revenuo 73,514,705 66,112,432 7,166,628 5,295,066 7,112,886 5,611,411 627,218 530,206Passenger revenue...._ 31,401.389 26.818.293 2,532,999 2,264,510 3.615.777 1.987.610 331,852 185,982Tot., incl. other rev. 111578655 99,869,556 12,344,566 8,002,957 11,162,302 7,950,341 1,101,037 773,785Expenses-Maint.way 19,014,613 14,750,855 1,736,307 1,471,473 1,100,557 792,874 124,186 75,677Maint. of equipml. 25,791,768 24,782,394 2.371,613 2,179,275 2,188,479 1,741,318 212,880 186,786Traffic expenses...... 1,248,048 1,177,790 110,311 93,729 54,668 53,933 4,917 939Transportation exp.. 48.144.860 42.643.829 5,097,073 3.982,825 4.068.431 • 3.144.589 444,840 323.675Tot.exp.,incl.oth. 97.022.766 86.098 574 9,535.'258 7,956,898 7,749 233 6M31).622_811(384 010,705Net from railroad__ _ 14,553,888 13,770,982 1-2,809,30 46,059 3,413,068 1,913,719 281,653 163,680Taxes (less war taxes). 4,545,793 4,302,862 382,032 343.391 257,541 231,886 21,900 19,250Uncollectible revenue_ 8.464 9.530 927 582 1.507 202 299 5Net after taxes &c.. 10.001.631 '9.468 589 2,426,347 -297,915 3,154.020 1.681.630 259,453 143,824Net after rents 8,218,751 8,211,0837:70771i -388,179 2,844,586 1.745,879=7,3 133.59dAver. miles o' ."doper. 7,595 7,778 7.595 7.731 454 454 454 454Chicago $t Paul Minn & Omaha Trinity & Brae°. Valley-Jan. [to Dec. 31- -Month of January-- -Jan. 1 to Dec: 31- -Month of January-EARNINGS. 1919. 1918. 1920. 1919.$ 3 $ 3

1919. 1918. 1920. 1919.$ 3 s $Freight revenue 18.335,828 16,897,812 1,725,709 1,560,580 1,121,669 883,181 137,750 92,772Passenger revenue 7.589.482 6.238.806 647,965 546.006 268.258 173.489 1.1.716 18.429Tot., incl. other rev. 27,732,018 24,829,981 2,910,424 2 314 847 1,454,328 1,162,730 174,012 116,211Zxpenses--Maint.way 3,838,174 3,056,376 226,408 203,590 504,199 343,428 59,416 39,793Maint. of equipm't_ 5,230,102 5,055,958 434,391 434,855 540,940 499,066 53,187 39,597Traffic expenses.._ _ 265,361 244,791 18,342 24,016 22,151 21,737 2,278 1,788Transportation exp.. 13.079.739 11.720.793 1.296,288 1,107,396 748.497 622.893 92.395 62,176Tot.exp.:Incl.oth. 23.316.464 20.884.199 2.054,077 1,845.819 1.1102 270 1.5..,.•;:i5 214.480 151.792Net from railroad 4,415,553 3,945,181 8 tn7,74114tn-TM711 -447,941 -420,004 1.-==71,46 -35,880Taxes (less war taxes).. 1,309,002 1,288,404 121,976 108,176 83,409 68,574 6,958 5,714tracollectible revenue.. 5.473 5.464 320 1,048 112 157 94Net after taxes.. 3.10! 078 2.651 912 734,050 359,803 -531.464 -488.736 -47,520 --41,295Net after rents 2,07/,245 2,624;120 1 7Z727 291,273 -614,644 -434,49470727 -34,430Aver. miles of r'd oper. 1,749 1,749 1,749 1,749 368 368 368 368Chicago Terre Haute & Southeast Delaware & Hudson-Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January-EARNINGS. 1919. 1918. 1920. 1919.$ $ $ s

1919. 1918. 1920. 1919.$ $ $ $Freight revenue 3,721,649 4,644,201 388,999 318,809 29,483,444 30,104,926 2,365,822 2,291,076Passenger revenue _ 261.564 255.467 22,651 22.009 3,255.750 2.804.056 227,514 228,169Tot., incl. other rev. 4,094,195 5,000,956 4.37.160 347,389 34,749,709 34,789,864 2,771,965 2,663,954Expenses-Maint.way 670,521 661,511 40,293 49,685 4,177,864 3,737,523 310,474 400,565Maint. of equipm't_ 1,826,985 1,713,859 131.783 168,930 9,980,056 9,536,063 931,352 859,461Traffic expenses.._ _ 36,738 46,452 :3.669 3,612 237,029 254,672 16,482 18,658Transportation exp_ 1.603.768 1.813.200 208,387 140,567 15.606.759 16.556.075 1 ,536 ,185 1,319,252Tot.exp..incl.oth. 4.265.222 4.373.049 396,088 372,888 31.671.504 31:153.784 2,930,192 2,744,613Net from railroad_ --171,027 627,906 41,071 *7-1-7577198 3,078,204 3,436.019 -158,227 -80,659Taxes (less war taxes) - 180,801 174,000 18,000 14,500 909,260 849,289 78,000 60,000Uncollectible revenue_ 19 ' 98 8,643 1.667 54 843Net after taxes, &c_ -:351.848 453.807 23,071 -39.998 2,100.301 2.585.122 -236,282 -141,503Net after rents 283,838 766,068 "''..7171471 -38,212 2,046,122 2,449,253 --198,678 --144,902Aver. miles of r'd oper. 374 374 374 374 876 902 875 873Cincinnati Indianapolis & West Delaware Lackawanna & Western-Jan. 1 to Dec. 31- -month of January--Jan. 1 to Dec. 31- -Month of January-EARNINGS. 1919. 1918. 1920. 1919. 1919. 1918. 1920. 1919.$ $ $ $Freight revenue 2,276,907 2,319,509 232.758 162,715 51,895,400 50,297,399 4,244,540 4,400,466Passenger revenue 644.485 531,510 49,314 51,843 12.380.787 11.204.813 941,593 880,576Tot., incl. other rev. 3,204,570 3,13/,152 376,155 233,143 71,824,047 68,740,0/6 5,892,885 5,699.053Expenses-Maint.way 637,805 512,005 47,533 57,852 7.682,365 5,552,541 510,512 499.403Maint. of equipm't_ 1,053,006 935,906 123,812 80,349 15,132,814 13,337,602 1,439,327 1,255,533Traffic expenses 65,239 72,845 5,857 4,309 495,946 664,087 64,746 39,517Transportation =13- 1.602.659 1.494.352 172,256 142,825 10.661.440 28.613.367 3,078,451 2,545,023Tot.exp.,lneloth. 3.589,654 3.151.063 365.121 298,589 56.01)5.250 49.925.684 5,276,178 7:500,2-14Net from railroad...... _ ---385,083 -13,911 MMI =-7-r674111 15,758,796 18,814,391 616,706 1,198,778Taxes (loss war taxes).. 140,182 123.917 11.009 10,243 3,449,429 2,941,212 287,500 220 101Uncollectible revenue_ 87 6 21.055 19.273 1,000 401Net after taxes, &c_ -525.353 -137.828 18 -75,689 12.287.411 i5.853005 328,205 -137117111Net after rents =-E157,711 1.17L' 11=171 -4.941 =71717 11,947,363 16,011,656 350,135 957.759Aver. miles of r'd oper. 321 321 321 321 955 955 956 955Cincinnati New On & Iremis Pac Denver & Rio Grande-Jan. 1 to Dec. 31- -Month of January--Jan. 1 to Dec. 31- -Month of January-EARNINGS. 1919. 1918. 1920. 1919.

$ $ $ $1919. 1918. 1920. 1919.$ $ $ $Freight revenue 11,871,983 10,347,638 1,104,986 1,036.264 24,099,451 24,631,502 2,456,067 2,131,675Passenger revenue.. _ _ 3.598.768 4.158.649 335.280 410,996 6.922.473 4.922.279 518,466 380,417Tot., incl. other rev. 16,313,685 15,478,641 1,756,312 1,511,116 33,016,256 31,352,213 3,420,841 2,568,465Expenses-Maint.way 2,610,341 1,394,508 182.796 88,385 4,856,556 4,635,700 248,996 263,642Maint. of equipm't_ 5,188,286 4,662,349 353,284 398,179 7,923,545 8,040,802 719,558 738,256Traffic expenses...... 275,589 254,714 37,106 20,615 241,397 264,344 20,615 18,425Transportation erp _ 6.922.979 5.940.054 651.943 521,234 11.295.476 11.260.009 1,137,961 935,023Tot.exp ..incl.oth. 15.499.094 12.604.040 1,278.694 1,071,176 25.651).9/125.29.47. 2,238,425 2,053,160Net from railroad _ _ _ _ 814,690 2,874,601 -7.61 -4111= 7,359,286 6,058,138 TIMM 515,30eTaxes (less war taxes) _ 652,309 500,019 34,000 38,099 1,380,000 1,197,000 115.000 100,000Uncollectible revenue.. 6.685 1.208 159 1,192 5.615 3.212 302 360Net after taxes. &c_ 155.595 2.373.373 443,468 399,748 5.973.669 4.858.526 1,067,113 414,944Net after rents 519,243 3,047,946 l 'n.W.57/1V 405,182 6,033,375 5,434,320 1-79:177 425,653Aver. miles of r'd over. 337 337 337 337 2,593 2,611 2,585 2,640

Denver & Salt Lake-Jan. 1 to Dec. 31- -Month of Januar1919. 1918. 1920. 1919.

$2,382,874 1,676,857 210,981 113,12.438.995 302.326 26,863 17,81,2,911,040 2,055,009 245,670 136,68'858,857 760,922 74,193 55,101.192,255 845,184 125,901 96.7111,600 11.455 968 921.683.502 1.222.488 153,352 93,7513.708.605 2 8S4.556 359,921 253,59-191,504 -834,049 17--T1T:gr. -116,91 .

129,000 108,000 10,583 9,001669 13 2 11-927,2:34 -942 062 --124,836 --125,924-951/116 -961,459 --132,935 -126,39;

255 255 255 25iDetroit & Mackinac

-Jan. 1 to Dec. 31- -Month of January1910. 1918. 1920. 1919.$ $ $ $1,188,803 1,128,352 69,222 63,954401.038 325.346 37,618 29.1651,687,341 1,561,033268,161 273,425464,299 437,37332,195 26,521

808.097 097.756

118,312 100,78526,341 18,19040,552 44,1522,641 5,057

77,329 65,1341 679 625 14b8.151 153,773 --TE7M) 8

7,715 68,5/6 -raw -51,29292,631 99,785 7,733 7,073

1 1.591 --=714.1-417 -32 700 -43.194 -58,366 -90,291 31,289 -31,62-5° -57,450381 381 376 381Detroit & Toledo Shore Line-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.1$ $ s $2,421,879 1.960,970 186,452 193.433

2,458,394 1,1)99,025275,735 149,937213,962 222,43515,675 17,153

738.629 693.119

186,36012,66823,0221,547

79,8741.298 857 1.09/ 305 122,6701,159,531107.095

6

901,119129,037

ci63,6907,900130

205,12311,80716,241

38660,38590,270114,8527.250

1.051.5:14 7721)72 55,659 ,.._07 602909,520 460J1J4T 28,103 T01,891

61 61 61 61 • , 61Detroit Toledo & Ironton

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ $,,389,865 3,070,617 322,193 328,921163.592 145.200 12,892 11,697

3,765,755 3,413,3401,129,133 724,6761,105,428 1,010,432

37,103 45,4151.821.636 1.875.433

351,38058,47983,7793,366

237,054

362,08796,108106,7512,602

186,6754.256.551 :1 74).") I II) 396,381 405,864

--180? 777,15T --45,000 --42,8779,041 8,900398 170 257

-600.540 -465 270 --54,298 -61,777-719,588 .-7-177515. -61,575 -81.779

455 459 454 457Duluth & Iron Range

-Jan. 1 to Dec. 31- -Month of January-1919. 1918, 1920. 1919.$ $ $ $7,114,956 8,517,290 72,327 61,408271.883 232.475 23,747 23,654

7,961,606 8,978,9291,050,528 1,163,3941,195,559 1,134,256

5,810 8,5472.141,177 2.270.848

127,722 102,52751,224 47,46598 093 88,827426 299

132,297 124,2214.57:3,155 4.744.742 294,736 272,7853,388,450 4,234,181 -167,013 -17(1,257403,429 514,476 6,307 6,0861.205 706 61 1182.1)83.815 :1.719.001 -173,382 -176,4633,051,715 3,803,619 =121778 -166,420

292 292 292 292Duluth Missabe & Northern-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $

17,950,814 20,214,748 61,489 1A,232543.566 443.549 41,966 38,08219,994, i 13 21,546,270 144,691 102,0491.973,980 1,902,944 102,825 154,3391,671,561 1,722,262 173.147 121,659

26,054 34,252 2,075 2,5063.860,631 3.788,755 182,930 156,404 ,7.789.451 7.957.432 -VFW --Tirso-,10 ti12,205,202 13,587,838 -334,485 -268,842

896,024 1,339,764 8,581 9,00013

11.309.223 12.248.073 --343,067 -277:84311,323,729 12,465,247 -311,669 --263.301c

410 411 407 410Duluth South Shore & Atlantic

-Month of December- -Jan. 1 to Dec. 31--1919. 1918. 1919. 1918. .•$ $ $ $218.049 231.014 3,201.976 3,506,033110.829 84,835 1,235.685 1,012,274--sti-m-n -wow -7,517651 4,824,18654,134 54,134 95,134 925,068 991,64294,885 71,110 874.679 748,106 e5,311 4,286 65,517 77,026

246,248 185,212 2,368,608 2,288,096417,092 368,532 --475-6767 4,263,02615I04 -35,274 353,033 561,16146,241 46,241 5,652 269,244 223,923

40 7 295 33-102,186 --=,- 83,493 337,209-105,67d 49,29d ---,arra 263,94g

598 601 590 601

4

,a


Men., 1920.] RAILWAY EARNINGS

EARNINGS.

Freight revenue I. &monger revenue.. • Tot., incl. other rev.1: xpenses-Maint.way

Maint. of equipm't_Traffic expenses Transportation exp.

Tot.exp.,incl.oth.

Net from railroad Taxes (less war taxes)_Uncollectible revenue_

Net after taxes, &c_


EARNINGS.


Tot.. incl. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses Transportation exp..Tot .exp.,incl.oth.

Net from railroad.. Taxes (less war taxes)_Uncollectible revenue..

Net after taxes, &a.

Not after rents Aver. miles of r'd oper.

EARNINGS.

Freight revenue Passenger revenue _

Tot., incl. Other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses Transportation exp.

Tot.exp.,incl.oth.

Net from railroad...._.Taxes (loss war taxes)_Uncollectible revenue..



EARNINGS.

Freight revenue Passenger reenuo

Tot., incl. other rev.Expenses-Maint.way

Maint. of equipm't_Traffic expenses_Transportation exp..

Tot.exp.,incl.oth.

Net from rallroad Taxes (less war taxes)_Uncollectible revenue..



EARNINGS.

Freight revenue Passenger revenue Tot., incl. other rev.

Expenses--Maint.wayMaint. of equipm't_Traffic expenses...-Transportation exp.

Tot.exp.,incl.oth.Net from railroad....Taxes (loss war taxes)_Uncollectible revenue_Net after taxes. &c_


EARNINGS.

Freight revenue Passenger revenue..._

Tot.. incl. other revExpenses--Maint.wayMaint. of equipm't_Traffic expenses.. Transportation exp..

Tot.exp..inchoth.

Net from railroad Taxes (la s war taxes)..Uncollectible revenue_Not after taxes. &c..

• Net after rents Aver. rubes of r'd oper.

6EARNINGS.

Freight revenue Passenger revenue..._

Tot., inel. oilier rev.Expenses-Main t.wayMaint. of equIpm't_

• Traffic expenses._Transportation exp.

Tot.exp.,incl.oth.Net from rallroad Taxes (loss war taxes)_

• Unc ilectible revenue_Net after taxes, arc_


Duluth Winnipeg & Pacific 1-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919. I$

1,546.567311,028

1,913,689384,414381,09330,701

853,92117-5-0-77)8--mrpo

102,2272

$

8,3577

$1.400,221 150,423266,469 30.668

1,712,066 184,454258,924 17,511287,127 38,62433,633 1.971

828,142 93,1811,485,403 159,265226,663 25,18996,291 10,128

3138,85023,994

Fonda Johnstown & Gloversville-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

405,848 354,233 30,298 26,860796.040 714.848 72,590 62,467

166,747 1,251,651 1,123,133 108,521 93,50415,251 143,976 117,249 11,535 9,80131,163 106,560 97,337 9,736 9,1012,258 7,422 7,444 414 468

83,054 483.783 413.119 42,184 38,974

138,366 803.399 696.888 69,342 63,333

28,381

1

54 760 130 36415,061 20,023

13 ,44/ 21 ,639 ti n=74 28.761

178 178 178 178

East St Louis Connecting-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $

1,229,438 1,118,382178,758 142,381233,128 247,562

3,268 3,502906.179 874.684

1.361.220 1,315,520

-131,/8130,408

115.38511,59443,912

28695,708

98,59610,95445,286

37166,850

154,956 126,686

448,251 426,248 39,1'78 3-6717164,583 55,522 4,900 4,900

383.667 370.725 34,278 25,27133,060 ,1 1 g

88 88

& Western-Month of January-

1920. 1919.

1,195,997 897,392 112,850 80,844351.902 302.486 32,032 27,120

379,401 321,182(See also on page 14)

Fort Smith-Jan. 1 to Dec. 31-

1919. 1918.

1,646,460 1,296,857303,716 200,901374.004 341,13145,194 37,286577.721 466.656

197,147 --39,570 -28068926,268 2,000 2,000

2-162.190 -223,418 --41,570 -30.089

-328,254 -385,023 -56,276 -39,60g3 3 3 3

Elgin Joliet & Eastern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

16,095,220 17,708,548 1,448,491 1,616,123102 127 1 8

19,310,380 20,685,048 1,740,539 1,952,2041,865,497 1,772,775 127,215 150.5064,967,559 5,078,665 443,611 466,956

80,817 80,903 6,643 4,8307.532.884 7.555,016 749,501 756.911

14,752,522 14.786.276 1,353,551 1,404,979

4,557,851 5,899,772 386,987 -777,22'640,087 599,056 51,838 53,250

888 23.916.881 5.300.712 335,149 493,974

3,212,647 4,717,973 168,176 469,973829 . 807 832 805

El Paso & Southwestern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

9,983,205 11,785,974 918,089 859,3562.106,838 2.334.457 237.907 167.312

12,761,390 14,790,467 1,350,835 1,080,8322,290,442 1,416,319 214,133 133,3552,528,666 2,471,400 234,578 211,627120,726 155,628 9,755 8,628

3,542,638 4.165.189 324,258 306.333

8.886.442 8,620.0193,8, 1,948 6,161,447724,181 1,210,901

777

822,721 691,007

528,114 389,82460,414 90.899

116 34

3.149.989 4.950.546 467,583 298,891

1.387.226 1.120.474

259,233 .71rt;7782157,410 53.8151.364 411

200.468 122.154

154.49534,49136,1464,146

69,968

114,33418,49728,4903,48846,633

Great Northern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.1.$ $ $

77,351,472 76.937,445 5,528.373 6,888,69719.623,859 15,672,419 1,431,796 1,296.382

106533,738100661,066 10,151,935 8,874,40018,150,393 17,391,119 1,360,158 1,232,72720,194,704 20,754,684 2,001,372 2.108,054

687,087 778,988 54,612 44,38344,457,165 43,002,265 4,237,959 3,877,817

86.728,017 84,389.569 7,903,963 7,426,610

19,805,720 Tr277117)7 2,20,971 7:11777197,099,644 5,626,103 646,617 510.414

9,553 6,165 944 668

12,696,523 1(„639.228 1,600,409 936,796

12.459,618 11,978,700.178-1/473-41 924,9578,218 8,258 8,176 8,258

Green Bay & Western-Month of December- -Jan. 1 to Dec. 31-

1919. 1918. 1919. 1918.$ $ $ $55,414 67.702 932,376 781,39219,347 11,570 203,061 166,14983,09416,57031,3811,017

45,459

78,755 1.213.613 1,019.05415,827 251.517 178,71817.013 311,770 248.240• 508 12,961. 12,19340,657 510.703 422.247

152,816 103,371 96.218 73,011 1,109,590 _±..„84 105

=MTN =rig -175-47571-7.1-47-0314,360 5,570 52.711 55.548

1,6705,000

73

10,9625,000

30-3,393 5,932

242,222 186,/32 -1.=7. ,1 3. -10,17253 253 253 253

Galveston Wharf-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

988,814 1,049,837355,245 142,69810,993 18,892

350 3,609343,314 .331.943871.913 687.689

116,901 362,148155,523 138,428

88,28727,0321,759168

44,105

86,01312,110

71424

38,69286,983 62,6981,303 23,314

12,200 11,400

-38.622 -07:17 -10,896 11.914

-32,167 226,401 -10,896 ""--117(1)13 13 13 13

Georgia-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

4,129,028 4,196,619 299,760 283,7001.815.544 2,085,482 141,966 223,345

6,389,987 6,716,502676,588 513.568

1,086,382 897.299102,172 90,093

2,989.572 2,689,287

484,60370,276129,011

7;203298,047

545,49155,64584,2905,189

244,933

5,064.006 4,358,771 519,087 406.702

2,351,730 ."".-L74774 "7158-,Yr87$75,062 5,950 6,950

173 8 11,325,981

77,21294

2,995,609 4,936,681 462,947 296,9981,027 1,028 1.027 1.027

Erie SystemErie

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.

69,818,940 67,683,701 5,917,667 5,514,40613.510,783 11.689.242 962,247 928,247

91,797,507 87,855,460 8,193,917 6,954.62510,503,021 10,775,540 880,760 745,43428,663,326 28,462,304 2,813,614 2,529,945

756,703 845,098 70,667 57,02344.952.178 45,030.329 4,433,176 3,862,286

87.815,836 87,663.773 -8,473-,755" 7,434,488

3,981,670 191,687 -279,838 -479,86/3,393,005 2,331,677 282.750 197,350

23.355 7.230 12,711 2,389

565.300-2.147.226 -575,299 -679,601

203,913-1,079,617 -458,687 -670,9721,989 1,989 1.989 1,989

Callow) 41; Erie

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ s $ $

8,387,466 9,116,202 752,188 709,7911.104.934 953.506 60,737 73,569

10,401,398 11,039,8231,123,059 1,836,8621,719,312 1,938,442126,283 161,660

5.318,108 5.509.7108,655.726 9,741 122

77n5,6n 1,208.700420,082 328,517

811 45

998,352 823,27266,081 84,909175,249 154,39813,866 9,510

573,534 444,903858,652 -721772-971

102,97f25,752

130,69935,000

59

1,324,777 970,137 104,640 77,225

"-"1"/r7"),() 9 1,189,261 -117,947 -2,723269 269 269 269

Florida East Coast-Jan. 1 to Dec. 31- -Month of January-

1910. 1918. 1920. 1919.

5,986,109 5,062,713 633,238 553,7022,997.315 2,578.389 443,478 354.491

10,121,222 8,841.222 1,1,$9,953 1,008,1521,600,238 1,176,625 121,844 157,9611,842,366 1,540,285 171,615 186,104

07,056 109,506 12,432 8,6624.310.713 3,708,048 430,746 430,631

8,960.615 6.749.7037-168,82 -1-57E9

1,860,606 2,098,518 107,292440,279 420,396 38,816

2.674 1.870 178

421,12539,183

103

1.417.652 1.676.243 381,838

1,430,635 1,601,838 352,010764 764 764

158,297165,10/

764

1,248.674 2,282.494

-17,483 173 51,310 79,400

=Tgl -TM -177844 -17.7700252 253 252 253

. Gulf & Ship Island-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1,758,749 1,737,688 179,046 119,694522.943 605.471 44,096 39,039

2,496,260 2,548,059 273,119 175,865650,073 524,447 64,412 52,014605,342 455,786 52,241 40,15650,547

1,043,34944,985

888,6767.131

102,3372,980

78,1092,464.709--"=.

2,033,132 236,318 181,877514,927 36,800 .--f--77TM

155,115 136,088 11,861 10,4711,056 520 36 1

-124,620 378,318 24,903 --16,484

-86,427 363,664 28,474 -16,526307 307 307 307

Gulf Mobile & Northern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ 3

2,112,676 1,367,949 201,738 142,217567.466 426.398 54,907 39.630

2,823,506 2,418,292 327,688637,501 431,541 80,887686,546 557,448 66,70571,060 56,227 6,327

1,298,091 099.167 133,691

194.66640,15551,9754,70994.268

2,803,550 2,154,807 297,253 200,71919,955 263,484 30,434 -6,053149,546 135,745 11,735 9.929

679 35 364 1

40,442 131,837 -130,270 127,703 18,333 --15.983

1,314,328 2,246,569 -44,814 im1,7711328 328 328 328

Georgia & Florida-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

679,074 752,195 62,412 54,059257,132 213,770 22,722 20,179

998,345 1,021,743 114.132 78,845407,893 272,478 61,291 21,869244,858 169,710 21,968 17,20923,538 33,163 2,356 1,762

643.032 518.178 78,764 48,618

1,386,833 1.049,361 -1T70017 94,897

2:1388,487-'77:618-=W7T"=TrdST.57,798 52,787 6,000 4,200

780 579 16

-447,067 -80,985 --62,784 --20,268

-442,997 -106,448 -62,400 1-1=21799/348 348 405 348

Grand Trunk Lines in New Eng.Atlantic dc St Lawrence ER

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.414,596 470,757 266,020 269,38932.946 26.166 29,310 22,412

497,176 563,511 343,165 336,770011,028 95,096 62,938 83,145154,259 39,626 52,972 40,2153,140 2,190 2,634 2,830

113.519 274.972 173,625 304,458

3 I 2,703 453,689 336,828 474,861

lt-=1,177 109,821 1-7757. -138,09010,892 38,164 12.699 11,505

173,580 71,657 --6,361 -149,590

123.407 8.294 -41,338 =IWO172 172 172 '172

Grand Trunk Western(New includes Det Gr JI.v & Milwaukee ant

Chicago Det & Can Gr Trunk Junction)-Jan. 1 to Dec. 31- -Month of January-16.823,695 14,820,434 1.380,708 1,224,6763,635,949 2,829.554 280.088 269,523

22,342465 10,376,032 1,842,009 1,623,4642,777,832 2,578,796 196,289 212,5934,024,821 4,542,156 528,811 412,866201.130 277,385 27,752 8,668

10.336.837 9.271,215 1,130,772 802,345

18.029.404 17.240,052 1,952.543 1,481,491

4,312,660 2,135,980 -110.533633.634 601,681 52,802

4,925 4,111 107

3,074.100 i.530.187 -163,444

2,286,094 -117:751 -441,6391.001 1,015 1.021

--7-M7C76' --1177777 =MT -7-7rms438 407 467 424

Hocking Valley-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

9,703,937 11,343,613 970,917 396,6671.228.282 1.034,843 98,2r,1 91,28411.654,518 13,155,861 7721,11s. -5097701,329.867 1,490,146 107.359 134,1923,935,247 3,718,009 362.985 316,507

72,020 83,422 8,310 5,6684,109,051 4,912,856 457,868 261.5069,892,604 10,448.792 962,211 739,551 1,961,912 2,707,068 ---m8,01614,152 634,812 57,622 57,0664,164 114

1,313,595 2.072.112 101,279 -286,8547,117177 7,--5=7C f75-7177 -246,7Th

350 349 350 350

Mill018 Central-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

75,831,458 79,271,187 7,790,180 6,023,20524.300,756 20,543,263 2.135,427 2.016,311177110:177i5107320,261 12,255,892 8,503,95619,595,656 16,301,104 1,669,532 1,508,75429,897,945 26,615.299 2,776,268 2,344,004

947,428 855,452 79,114 59,14845,384.833 43.214,596 4,667,352 4.004.44698,911,079 00r, 9,507.261 8,217,7048,975,755 tr17377 174-i,--m- 286,2525,204,667 5,036,609 503,670 407,500

33,848 14,108 1,924 1,1853,737 239 12,085.072 2,24:3,036 -122,4334,191,793 12,907,465 ..n16,1-91 -154,821

4,793 4,781 4,800 4,787

International & Great Northern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

10,061,736 '8,859,714 1,113,347 795,2323,413,972 3,597.255 285.841 250,65014,41b,300 13,476,888 1.728,575 1.105,7353,314,863 2,103,699 295,578 256,9823,859,166 '3,083,452 374,874 211,664160,018 159,153 15,411 13,562

7,263.431 5,854.605 667,399 560,719

141,972. 22c98150,150 30,000

1171 191,704!-1.099.952 1.441.842 290,302 --=7,019

47050 -1,413.144 1,372,286 - .48,501 -10,8341,002, 1,159 1,159 1,159 1,159

15.189,587 11,643,003 1,405,417 1,082,754

=77§717tin.=17.) SD-, 1 5g

319,383 390,000 32,5001.282 2.042 355


8RAILWAY EARNINGS [VOL. 110.

EARNINGS.

Freight revenue Passenger revenue_ _ _

Tot., inel. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic

expenses_- _

Transportation exp..Tot.exp..lnel.oth.

Net from railroad.. Taxes (less war taxes) _Uncollectible revenue..Net after taxes, &c_


. EARNINGS.

Freight revenue Passenger revenue_ _ _Tot., incl. other rev.

Exjoenses--Maint.wayMaint. of equipm't_Traffic expenses.. _ _Transportation exp_

Tot.exp.,Incl.oth.Net from railroad._ _Taxes (less war taxes)._Uncollectible revenue..Net after taxes


EARNINGS.


Tot., incl. other rev.Expenses-Maint.wayMaine. of equipm't_Traffic expenses_ _ _Transportation exp_

Tot.exp.,Incl.oth.Net from railroad_ _Taxes (less war taxes)..Uncollectible revenue_Net after taxes, &c_

Net after rents ' Aver. miles of r'd oper.

EARNINGS.

Freight revenue Passenger revenue __.

Tot.. Incl. other rev.Expenses-Maint.wayMaint. of equiprn't_Traffic expenses.... _Transportation exp.

Tot.exp..incl.oth.Net from railroad.._ _Taxes (less war taxes) _Uncollectible revenue..Net after taxes, &c..


EARNINGS.

Freight revenue Passenger revenue.._ _Tot., incl other rev

Expenses-Maint .waMaint. of equipm't.Traffic expenses Transportation exp

Tot.exp..incl.oth.Net from railroad_ _Taxes (less war taxes)Uncollectible revenue_Net after taxes, &c_

Net afterrents Aver. miles of r'd oper.

EARNINGS.

Freight revenue Passenger revenue_

Tot.. incl. other revExpenses--Maint . wayMaint. of equiptn't.Traffic expenses . _Transportation exp

Tot.exp .inel .0th .Net from railroad.. _ _ _Taxes (less w tr taxes)Uncolleetible revenueNet after taxes. dm_


EARNINGS*

Freight revenue Passenger revenue _ _ _Tot., incl. other rev.

Expeises-M aint . wayMaint. of equiprn't.Traffic expenses. _Transportation exp

,inci.othNet from railroad _ _Taxes (less war taxes)..Uncollectible revenue _Net after taxes. &e

Net after rents_ Aver. miles o fr'd oper.

Kansas City Mexico & Orient Itit-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ s $1,231.698 1,040,234 107,531 46,507213,682 155,393 19.453 11,3401,511,840 1,259,674 149,575527,646 259,367 40,695518,192 540,349 51,69523,835 37,866 ' 2,072842.464 680,356 86,993

60,79133,02748,605

96757,666

2.005821 1.604.682 190,051 146,686--493,981 -L346,00/ ' -40,47g ' -85,89d94,126 73,156 7.715 6,281182 1 33 19--588.289 -418.165 --48,223 --92,196

553,137 --334,318 ' -48,25d -73,186272 272 272 272Sans City Mex & Or Ry of Texas-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ 3 $1,037.913 976,442 99,440 57,269216.498 147.558 26.465 13,5021.322,209 1,188,656408,108 289.244538.902 483.24023,438' 30,002

858.838 668.265

159,499 75,00337,057 32,70554,715 52.0591,430 1,398

81,366 62,8981 926,689 1 513 "57 183,622 154,875--604,480 --325.000 "7:=2171E74.959 64.031 6,250 4,985188 698 101--6-9 "28 -389 730 -30,475. -84.856

693.441 -361,530 =-31,164 -7=84,85g465 . 485 465 465Kansas City Southern SystemKansas City Southern-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.11,432.962 11,858,056 983,026 954,9482.502.509 2.241 142 238,687 210,428

15.111.997 15,250,406 1,498,995 1,263,6512,297.867 1,486,143 179,716 226,7143.347.836 3,014,974 318,649 256,392216,580 211,591 33,940 16,9565.829.505 6.035.899 549,780 521,7831" 145 951 il A ,5 'I.") 1.124.770 1,060,6012,966.0-12 3,125..0.; 374,224 *.. 203,044767.391 694,447 54,570 89,0295.695 2.991 175 4902 169 955 3 "9' .6. 319,478 113.5291,91/.378 2,782,976 -2-7CPA 93,405774 774 774 774

Texarkana & Fort Smith-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ s1,143.567 908,448 109,141 73,586290.843 191.566 21.684 15,9331.495.013229.582260,36612.9346,18 366183 132311.88079.047

111

1,281,121 157,771141,593 20,081156,638 19,71718.764 867470.147 49.740

5-14 92,6134-42.0,1.4 65,15492.852 15,780

98,10814,91638,156

37237,31091.17113,93Y6,458

• 1 3,0 703 49,378 -2.521252.322 310,0.14 Wr)33 1,54987 81 87 81

Kansas City Terminal-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $

1.388.203 1,247.829 126,818 107,669236,728 174,945 18,718 9,972297,827 284,406 34,952 31,570SOS 5ñ5R35.099 79.734 63.209i A219.090307.987

09

11 win 138.807 107.347134. 99212.474 34,270 20,4009 181

sg 905 g w 57 48.259 20,07712.387.556 2.184.424 ...757--1.01

26 24 27 24Lehigh & Hudson River-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919. I$ $ $ $2.545.341 2.333.219 181.036 196.63246 259 45.6.-10 3,782 4.030

2,687,526 2.476.850 197.499 206,405323.186 334,563 25,000 20,408,503.320 446 069 48.635 67,66920.053 19.127 2,033 1,2541.115 756 1 08. 116 106,449 105.820!,,0,, -93 188,351 200,872

644.932 523,732 .'"'"--liTra rgn76.723 71.600 8,562 6,000615 19▪ - -on 588 -466391.659 35, 9 -23.764 -10,50g96 96 96 96, Lehigh & Nevi England

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$

:1.761.804 3.679.107 349,750 274,3941,661

3.981.318573.850863,06631 7-1

1,372.665

1.02;,.201101.670

1

3.989,895 368,380518.284 30.724757.988 86,445r7 62 10.067

1.347,514 128.884.

307.12744,86358,5022,036

116,357- 265,103 231,396

t -MD-0 75.731103.408 10.860 8.610

92,397 67.121911,9A 1,178,,,s 95,50g ---7770232 224 232 224

Lehigh Valley-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ s $52,096,587 53,921,165 4,320.458 4,217,2286.827.896 8.234,935 503,254 390,27564.528,890 65,586,769 5,487,476 5,062,5649,822.781 7,818,030 759,992 551,26918,088,250 17,004,250 1.729,317 1.459,188480.733 654.981 39,383 31,776',9 301 332 30 593,763 3,075,012 2,612,0259 )0 , .401 57 11 . 02", 5,725,638 4,786,0156,326 ,),1) 8.240., hi -23M =an1.822,936 1,874,232 176,000 146,7257,063 2.124 627 1073. -0 548 ., '4'I .4W2 -414,789129,7173.b,9, WO b.b83,313 ...n3D3:91-1 .--1717:1-0g1,435 1.441 1,435 1.436

Los Angeles & Salt Lake-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ $11,777,100 9,847.716 914.980 938,7854 380 199 3,617 523 451,532 315,95511,209.931 14.517.377 -17E1 1,300,7412,312.034 1,883,663 150,943 186,0343,488,788 3,052.689 317,059 258,861218 952 270.805 19.490 15,8315 951 4'53 5 060 0-1 581,739 446,7121-.6s<5 314 10 1,146,480 950,9424,524,61i 3,,,l., 349,790798.788 717.99 79,015 80,5712.306 1 t.) 52 1543 72'', •,1 `, 0' ' -A 401.307 289.0723.3i 6,562 2,446.63g -380.91f 27,3091,168 1.167 1,168 1,168

Louisiana & Arkansas-Jan. 1 to Dec. 31- -Month of January-19t9. 1918. 1920. 1919.$ $ $ $1,638,904 1,216,629 234,400 114,013r 03 3-I q89 1.15 51,830 34,2452,220,,". 0 1,671,651 318,052 156,192662,493 373,693 38,718 36,146478.544 309.652 46,454 35,02499,206 37,510 4,591 2,448OR , - 15 673 ,,,2 104,805 74,7932 200,858 154.178

30 '8 1: , 99 71, :19 - 2,01310,340

152..464 143 611:1 12,843oni "16

2-- 2.-' 2 ' 104,348 -8,326- s1 5 „.6,6 '-'-gUrffil -7:427,751302 302 302 302Louisiana Railway & Nay Co-Month of December- -Jan. 1 to Dec. 31-1919 1918. 1919. 1918.$ s s $253,686 201,549 2,909.374 2,170,75140,701 57,880 458.034 730.893321.837 274.390 3,542.033 3,078.05872,474 46,747 989.765 500,25a48,635 48.329 883,491 518,0735.771 3,481 48.419 52.032114,088 160.325 1.514,049 1,422.871 250.438 266,174 3.292.176 2.585,97371.400 8.216 249,857 492Wil3.761 16.383 169.761 170,383

2 202 24567.637 -8.169 79.892 321.45535.595 23,800 -47747 200,282349 356 349 356

Louisville & Nashville-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ s $76,828,467 71.479,723 6,496.963 5,713,70894,842.673 24.484.069 1,945,353 2,088,048107514.965 101392,792 10,269.714 8,256,21218,098.488 13328,522 1,446,284 1,388,39427,828,958 23,341.987 2.579,038 2,162,6131.454.563 1,366,059 176,899 84,88744,455.752 39,623,246 4,347,591 3,870.7459 , 511,1:17 70.55071 8.812,907 7,502,812'It774...252a 21.835,820 1,456,8W3,008.063 3.322,221 250,140 250,6719,563 19.931 654 1,59011.954,9 Ill I 8.5,11 1,.1458 1.206.012 501,13777777 19.367,4532 771217371 458,0.545,013 5.037 5,040 5,013Louisville Henderson & St Louis-Jan. 1 to Dec. 31- -Month of January-- 1919. 1918. 1920. 1919.$ $ $ $2,0114,761 2,001.210 151,189 174,184773,752 730.903 57.433 55.4192,914,103 2,858,163 251,341 238,687584,687 422,567 34,841 50,133393,486 414,043 37.381 31,04465,510 71,132 4,208 7,4971.117,390 1,029,018 99.050 91,8592'S m)3 2,004.819 183,609 187,907."Trtrb. 853.644 -41775/62.100 72,647 . 5.000 4,000sh 322 2 79

598.393 781 .674 62,729 46,701491.862 -7417172 -75711 J3.771199 199 199 199

Maine Central-Jan. 1 to Dec. 31-- --Month of January-1919. 1918. 1920. 1919,11,286,883 10,7(5.225 1.033,657 1,031.0374,936,429 4.371,841 324.880 319,88117,525.178 16,415,178 1,604.345 '1,416,4163,086,322 2,741,414 193.905 202,6724.143,196 3,618,917 384.632 347.192146,411 136,515 10,274 10,1619.664,353 9.047,909 920,470 922,14017,5,),063 16.0' 9,145 1,549,157 1,525,375"=7M71 =3".TM "Calg -108.90924.143 803,928 82.741 75,623501 977 128 -914150 -- 18,773 -27,681 -184,58371773.1717, -m-757,701 -45,60i1,216 1,216 1,216 1,216

1920. 1919.$ $

249,784 213,64197,294 76,961

385,987 304,452 )75,076 59,989 '67,189 64,51941,904 25,828 3,747 1,4371,539,306 1,208,175 166,937 132,5583.413,645 2.622,291 326,551 270,329

539,175 =17 --wia - 34,11186,96) 84,777 7,183 6,7122,156 241 185 450,058 797,469 52,067 27.409'---338,773 750,88g 1.---SYR388 387 388 387

Mineral Range-Month of December- -Jan. 1 to Dec. 31 1919. 1918. 1919. 1918.$ $ S $53,723 91.280 • 724,214 1,085,325347 1,537 4,489 26,339

Midland Valley-Jan. 1 to Dec. 31- -Month of January-1919. 1918.$ $

2,782,289 2,842,5741.023,001 725,2673,952,821 3,504,779920,897 567,708741,161 594,383

48.703 95.793 753,228 1,143,53429,111 17,911 185,420 199.69427,558 21,409 256,233 288,367390 288 4,785 4,62831,203 54,289 408,357 615,45589.325 95,057 814,821 1,101,261

-40,822 735 -01,3919,060 1,131 48,080 40,000

--49,683 --2,395 -139,456 2,272--42,61-nr -1,961 -109,484 0,739101 100 101 100Minneapolis & St Louis-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ $10,002,843 9,326,192 990,138 885,2782,734,723 2,049,093 228,084. 209,115

13,384,871 12,028,300 1,5(12,750 926,8212,347.588 2,128,723 116,183 190.4683,462,803 2,989,574 332,614 289,979129,848 150,890 11,125 13,8706,718,286 5,792,294 891,300 577,95513,004,520 11,371,096 1,181,237 77175-,011 --Trim --t7s477771 1.7n1,50 --17,,189(104,574 048,298 56,194 57,0024,550 3,732 64 188-228,773 5, i 73 2(15,253 -234,361 ="7577572 235,7812-0.1,7,M1 --241,2651,646 1,646 1,848 1,646Minn St Paul & Sault Ste Marie-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ s31,821,077 27,097,097 2,485,857 2,482,0428,287,988 6,255,850 634,815 565,80042,661,595 35,995,292 3,492,201 3,175,3556,347,095 5,255,934 519,765 368,0498,488,1.15 7,202,081 744,703 741,939304,098 359.329 29,002 21,14818,156469 15.821,328 16795,184 1,406,714, , ,,

3,182.941 2,60970.9 . . .7= -.77, 309,2811 585,84g2,472,470 2,185,259 358,742 187.8932,298 332 4 95,780.041 4.119 (19? -49,486 377,9427r0-71.3,4 3,923,722 =-1371717 ' 273,92g4,243 4,239 4.243 4,243

Mississippi Central-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.S $ $ s630,597 744,597 36,420 51,341332.358 44:5,797 21,785 22,0711,011.409 1,240,990 75,814 74,705313,783 184,085 32,134 18,886381,414 306,932 34,852 32,21115,830 17,448 2.242 1.385435.835 399,515 49.147 30,8381,218,827 967. 1 95 125,761 88,286.77= ,47=1,101 -49,94/ -7=Tram33,512 44,512 3,917 3,325419 17 111 s--2„1,350 235.964 -53,975 -16,890'.7--75.7717 =37.71 -44,830 ' -13.936164 184 164 104Missouri & North Arkansas-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 11120. 1919.

983,417 855.841 8%.009 91,309504,413 442.478 43,384 37,5191,587,826 1.404,131712,470 402,589489.350 303,22527,284 24,928

782,500 621,891

-511.733 -10.11415.8 4 67,973 6 2411,329 4,934 en4 13

187.544 139.88455.533 82,18738,855 39,9083,152 1,003

80,494 81,8002,099,560 1,420.776 186,390 ---Tgri-7-3 -18.84g -51,791

-588,897 :571 -25,062 58,048=Mir ---7=7; 35,430 71,66.4385 365 385 385Missouri Kansas & Texas RR.-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.

24.335,818 23,752,858 2,023.083 1,904,1327.968,611 7,367,083 783,835 818.97234,272,091 33,230,3345,990,205 5,465,8599.710,171 8,868,045355.240 324,070

12,032,259 11,641,737-774717 27,146,341 77571177 6,083,9931.155.501 1,110,545

4.581 4,4413.991,746 4.969.005

17,717M7 6,213,7981,713 1,738

3,473,857 2,623.357467,755 674,349941,070 703,33434,399 20.6951.235,482 1,078.508

2,778,658 2,567,416695,299 55,941108.839 95,355

419 110586.040 -39,524770,135 127,178/

1.713 1.714


'MAR 1920.] RAILWAY EARNINGS 9

EARNINGS.

might revenue : -onger revenueTot., incl. other rev.ipenses-MaintwayMaint. of equipm't.Traffic

expenses_.' -

Transportation exp..Tot.exp.,Incl.oth.

et from railroad.. axes (less war taxes).ncollectible revenue_Net after taxes, &c_et after rents ver. miles of r'd open

EARNINGS.

reight revenue assenger reenue__ _Tot., incl. other rev.rpenses-Maint.wayMaint. of equipm't_Traffic

expenses_.' _

Transportation exp.Tot.exp.,Incl.oth.

' et from rallroad.._ _ _axes (less war taxes)_ncollectiblo revenue_Net after taxes, &c_' et after rents ver. miles of r'd oper

EARNINGS.

eight revenue 'assenger revenue _ _Tot., incl. other rev.xpenses-Maint.wayMaint. of equipm•t_Traffic expenses_ _ _Transportation exp _

Tot.exp.,lncl.oth.et from railroad_ _axes (less war taxes)_ncollectible revenue..Net after taxes, &c.et after rents ver. miles of r'd open

EARNINGS.

' reight revenue assenger revenue_ _Tot., incl. other rev

' xpenss-Maint.way •Maint. of equIprn't_Traffic expenses..._Transportation exp _

Tot.exp.,Incl.oth.ot from railroad_axes (less war taxes) ncollectible revenue Net after taxes. &c_et after rents ver. miles of r'd oper.

EARNINGS.

' reight revenue assengor revenue__Tot.. incl. other re;xAeatilete.-0-fMe qaulli it) inAly_

Traffic expenses.....Transportation exp_

Tot.exp ..incl.oth.et from railroad......axes (less war taxes)ncollectible revenue..Not after taxes, Am_


EARNINGS.

Freight revenue 'assenger revenue.._Tot.. incl. other rev.

Expenses-Main t.wayMaint. of equipin't _Traffic expenses....Transportation exp.

• Tot.exp..inel.oth.get from railroad......Taxes (less war taxes)..Uncollectible revenue_Net after taxes, &c_


EARNINGS.

Freight revenue Passenger revenue__ _

Tot.. incl. other rev.Expenses-Maint.way_ lkilaint, of equipm't_' Traffic expenses

Transportation exp _Tot.exp.,Incl .oth .

Net from railroad Taxes (loss war taxes)_74Incollectible revenue_Not after taxes..


Missouri Hans & Texas Ry of Tea-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

15,251,429 11,319,047 1,257.491 993,961

..A.U.al -Lalala -.ALM .......kaal25,244,514 19,840,330 2,584 ,69 1,740.1545,440,015 3,697,490 522,133 314,0554,735,391 3,676,381 570,860 393,219283,068 245,356 29,298 19,901

13,554,330 10.085,003 1,550,117 1,036,84725,162,040 18,693,165 .7777f,. -1,850499-777477 1.147,161 --;== _ -110,344

732,125 571,770 59,461 51,3776,815 193 847 699

-656,468 575.201 -2rni,49 -162.422-2,42:-3757 800,094 -573,496 ="7247,767

1,796 1,796 1,796 1.796

Missouri Oklahoma & Gulf-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $$

1,201,663 1,401,866 115.777 76,806231,190 293,256 22.589 18.658

1,517.855 1.783,303 -1717-4)8 101,088744,493 415,529 55,340 37,470663,426 609,147 79,791 42,94923,855 24,503 1,783 1,346

873,981 950,912 113.505 75.4582,396,292 2,110,212 261.42g 164.91,5-878,436 =OM -87,34:4-63,81

102,038 102,526 18,465 8,5001,219 2,453 121 33

-981,693 -431.888 ----7703781 -72.350-1,()=4 -530,4473,66' --77773

329 332 329 332

Missouri Pacific-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ s •

66,559,805 63,486,624 6,513,073 4,769,22220,689,218 19,535,391 1,686,757 1,578,73993,577,081 89,012,397 1077737277 6,810,63118.940,383 14,632,085 1,512,321 1,606,45320,781,384 18,577,823 2,161,253 1.655,5111,015,198 1,071.351 104,393 75,378

39,689,848 36.522.013 3,945,93,. 3,318,98383,357,624 137727717 -7,98S,07 6.889,0191(1,219,457 16.380,050 2,507,146 =78,3873,700,522 3,144,290 333,291 280,000

30,917 17,984 3,068 2,0256,488,016 13,218,384 -11:7T)711.-oi -366,4134002,472 11,764,562 1.907.304 -378.03/

7,204 7,221 7.299 7.108

Monongahela Connecting-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

1,954,320 2,473,763 -7747.28 213,514294,968 340,306 24,376 36,444620,037 463,184 26,403 75,612

6,251 5,325 518 518900,170 1,329.172 106,858 132.102

1.901,125 2,207,:321 -1133,26M 21,2.081-117177 --77741-77656 -38,56d

24,572 38,898 2.200 2,215

28,621 -7727-,543 58,859 -40,781----TM 139.82t 677$ -55,244

6 6 6 6

Montour-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ 3 $

1,126,686 1,2 3

28.927 78.340 77.67616,780 16,830 1.327 1.729

-17671131 1.307.414 80.010 84.158338.804 205,336 19,012 23,666680.514 694,307 36,592 52,37014.836 15.705 1.190 1.676

326,087 340.884 35,152 29,5391,439.816 1,:-=3,77$ -99.137 114,715

7.-7240,319 -6,503-=111721 -30058/30.800 24,355 2,430 2,285

6 68-271,126 -7--377-7),92 -21.561"7=077(73

151,426 360.070 =0.720 13756 54 56 54

Nashville Chattanooga & St Louis-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $

13.392.295 14,554,220 1.287.340 933.4945.381,541 5,978.978 468,695 446,610

20,044,134 717117,10 2,154,6913,603 397 2,592.940 249,3135.196,458 4,774.565 524,381423,281 431,917 68,688

8,735,173 9,281.724 835,32618,483,627 17,623,564 -17,7573 =MCI 4,138,838 415.38/

690.612 399,729 46.0003,455 1.538 677

1,513,977300.884482,24732.862762.190

1,638,146777§50.000

140866,439 3,732,570 366,709 -174,310

1.060.043 4.119,121 387,11/ -175.1661,247 1,239 1,247 1.247

Nevada Northern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.3 s s

1,38%,548 2.458,519 155.499 163.288120,322 181,473 8,861 14,054

1,570,440 - 2, (/73.=1 --169-W 182,836287.659 284.133 20.513 17.505293,450 329.305 29.494 26,15111,059 10,743 1.140 1.029448,657649 171

, 50,451

1.1)95.557 1,343,756 -M-7.127 -117-1)( 71,. 8*-117777 1,302,576 68,3411 --87:174

212,245 206,319 9,267 18,3201 610

271,636 1,155,645 59,081 64,128=:73) 7710(=72 ."--377,11117 60.58S

168 168 163 168

Newburgh & South Shore-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$

1.328,299 1,453,753 -1-2-Mai 129,674217,636 199.633 14,220 16,318324,869 250,240 27,583 30,095

692.244 657,939 74.434 70.5411.281,328 1.114,075 120,160 120,530--Mr 369,681 -MA -CM

97,068 98.307 8,293 7,2994

-50.102 211,373 1,124 1.6447-7=573 215,626 =-167075 '-"737T

7 7 7 7

New Orleans & North Eastern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

4.181,369 4,292.392 496,954 341,2531,481,530 1.491,581 94,916 104,2866,446,802 6,474,7171,189,611 716,8361.415,891 1,457,821

98,137 92.4292,984,736 2.749,654

New York Central 8_ystem BNew York Central B


188197,788189927,615 15,722.220 16,018,48585.288.196 68.691,492 6.337,397 6,006,312310715.575294823.035 30,197,291 24,821,60538,034,863 34.544.003 2,318,966 3,348,91667.037.642 61,505,617 6,164,190 4,982,1112,747,175 2.809.395 240,449 197,999128747.572122940.640 13,686,990 11,040.805948040.633239403. 0 26,536,17161,774,941 62,419,330 6.725,687 4,285,43411,630,827 11,977.456 1,044,051 1,021,947

19.740 24.476 1,186 17350.124.374 50.417.397 5,680.450 3,263.31449,704,630 48,410.210 5.965.669 3,19.5,178

6,075 6.079 6.072 6.0/2Cincinnati Northern

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ $

2,556.769 2.529,069 163.376 211,936230.174 169.321 20.187 16.756

730,236 505,693 2,872,268 2,812.9i9 -M7-71,91 -1-d3,556'116,564 35,943 387.457 428.934 22,508 43,968139,938 115,622 672,930 768.544 57.742 62,06613,952 6,547 26,336 35.777 2,534 2,187

245.164 251.057 1.018.707 1.056.793 106.234 80.3635.925,279 5,192,415 536.238 428.770521,522 -7:7711111 =73777 76,98g483.753 309,590 29,122 28,357

1.470 609 358 736.299 972.101 164.516 48,559181,831 976,430 "-7517.711=,37

195 195 399 399

New Orleans Great Northern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.S $ $ $

1.656,354 1,634.462 155,478 126,440540,152 465,608 38.495 36,112

2,29-1.549 2,197,315460,355 334,425510,997 422,63530,656 33,695

1,001,323 809.050.7n77,1M7 1,093,874

9.161.594 2.19 • 192,880710,613122,791

330587.551

4, 0.o41=327(37129.870 9.615

94340.0 6 22,422

193,64839,90/8.000

6231,845

490.851 255,9.1 2"1= 26,012251 247 251 251

Cleve Oin Ohio & lit L (Inc Peoria & East)-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

50,700,076 49,934,632 4.421.736 3,726.13017,267.396 15,358.127 1,341,210 1.276,307202,872 176,213 73,856,456 71.403.9.0 7.377.259 1754717.42,327 36,058 9,222,574 7,298,040 496,253 777.78246.149 35.795 14.675,763 13.894,336 1,479,838 1,263,8651,926 1,353 917,765 882.576 88.571 74,494 88.749 73,087 30.735.155 28.229.454 2.990,657 2,346,117187.20g 152,5.3g 5-427451 51 80.5 988 5.227.342 4,608,369

178,213 503,436 15,664 23,678 16,429,004 19.508.681 2.1,71-77.1,1 "".777gne124,913 109,483 11,000 10.225 2,252.592 3,533,917 150,307 185.0003.007 365 19 69 10.747 7.752 1.067 1.10850.292 393.587 4.645 1:3,384-117.7 409.226 =057 "7.051

284 284 284 284

N Orleans Texas & Mexico SystemNew Orleans Texas & Mexico


1,513.929 1.355.288 101,535 62,200451.492 473,621 39,040 27,347

2,063.689 1,885,623513.404 368,349479,581 407,99137,103 27,617

645.467 613,6001.778,731 1.497 139284,957 388.4.4129,023 100,588

299 389

172,44650,98634,4034,372

68,711

96,63933,46835,5762,457

53.044163,692 133,2508,753 I •=117,117711,000 10,000

2155.634 287.506 -2,274 --46.610198.005 445.11/ --!--777477 1=-14,993

191 191 191 191Beaumont Sour Lake & Western

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ s $

985.503 1,019,529 101,283 97,015311.738 345,146 28,689 20,379

14.105.664 15.96, 010 1,998,541 553,40212,946,1i1 14,688.938 1.7737.216' -47,118

2,397 2.392 2.408, 2,395Indiana Harbor Belt

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ 3 $ $

737E(VM1,172,2631,253,639

21,5014.456.542

5.591,2351,216,4431,339,426

22.4273.6.58.004

654,495 605,845127,853 84,946127,410 117,346

1.934 1.550519,527 345.661

7.1 10.208 6.'01 11 703.93-1 -11-64.1M-547,295

116,12910

-806,4.6 2707T.V8 in ".1175TV122,123 10,101 10.104

45 2-611:1 .13.1. -1198.11.15 -149,542 31.5871,100,526 -1,603,434 -317,371 19.622

116 116 120 116Kanawha & Michigan


3,521,720 4,552.913 282.157 193,915660,740 1.118.461 47,842 61,5681,364,168 1.417.973 --142.T7136 121.862 4,324,755 5,896,134 339.985 267,964313.743 217.639 46.388 24,224 660,979 657,736 53,512 61.045268.741 215.028 21,585 16,779 1.619,205 1,509.671 153.783 133,32625.229 15.953 2,145 3.1.19 30,489 32.828 2,876 2,182

563.928 464.827 50.753 59,525 1.594.379 1.876.388 144.715 149,377,!)3', •

130..s25,172

258

969.635 125.343 100.392 4.062,355 _4,-)'( 110 368,445 359,011455.338 -777372 21.469 -"2"e= 1,689.015 -."'•=1.tTriT -91.046

2,350 2.700 254,138 227,933 25,000 17,88532.905213 25 4

104 1111 499 384 15,238 --18f,"774"-16.77 244., 61 =E67 13.366

118 118 118 118St Louis Brownsville & Mexico

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ g

3.575.472 2,933,099 313.700 292.2511.641.823 1.191.951 181.449 87.1085.540,631 4,448.927 607,936 --4-(T7-0, 081,134,286 685.225 152,124 74,382939.450 818,809 98,273 73.31374.170 65.801 7,418 8,433

1.596.433 1.304.595 158,052 121,7083 940.240 3.0-9.666 435.4281.1)00.390 1.4(9,260 172 507105,586 123.963 9,800

1.401 1,061 1021 493.402 1.294.235 -167,60

8.',,57 1.461.081 -53.460 --108,931166,843 1,625,5,9 1:11-17 -97,919

176 176 176 176Lake Erie & Western


8,518.048 8,252.428 746,010 675,341805.534 626.335 61.201 53,232

9,784.825 9,343,904 933,496 --7-767-711,56?1,735,725 1,275,217 79,947 136,6222,729,738 2,436,193 267.311 258.839146,260 146,976 16.265 12,500

4.346.856 4.331.305 419,806 375,229296 539 9.242.394 8.440 012 -807,106 804.723104 169 542,431 903,892 136.389 .7-7777717.7110,000 441,749 340.06o 51.000 25,000

1.326 1,486 30 9391,169 99 355 -570W --75".r-i58 -65.249

1,212,682 -1n45,344 131.924 82,793548 548 548 548

New York Chicago & St Louis-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ g

20.923.945 20.123.976 1,981,336 1.869,5181.847.178 1,831,290 71,418 128,956

23,475,552 22,656.381 2,193,657 2.069,3n2,848.047 2,615,657 192,310 260,3174.427.398 4.172,819 401,303 427.165316.447 368.547 33.242 28,357

10,037,820 9,734.020 1.093 446 887,82518.31 7.802 17.4%9'57 1.780,138'i'617717.77 5.160.024 413.521 405,936

629.811 647.530 60.0(10 55,0001.588 1.56 1.744 4

-45,922 •-5777.7 • 82.982 -5"-72:7774902 900 902 900

Michigan Central-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

51,653.910 45,949.560 4,394.727 4,210,51120,070.337 15.901,584 1,264,394 1.365,13873,835 Ta721571-738 Wo8 1,1575179,617,080 7,705,079 662,212 809,64315,674,511 12.382.137 1.559,517 1.157,070

780.809 738,990 79.162 65,03629.506,855 28.214.018 3.085.175 2,388.71257.841 813 51.070 072 5,613,704 4,596,12321,002,571 17,450,014 1,305,553 7,7,77117. •2,650,000 1,899,790 250,000 160,000

5.496 7.463 499 4534,5"I1,:452 4.518 037 351,776 350,902 18.34 .0,5 15.549 761 1,115.054 1,143,9604,049,809 .3,834.511 362,392 297,669 16,934,112 13,606,479 "842,87 993,562

(See also on page 14) 574 572 1,861 1,861 1.862 1.861


10 RAILWAY EARNINGS [VoL. 110.

EARNINGS.

Freight revenue Passenger revenue __ _

Tot., incl. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses_ Transportation exp_

Tot.exp.,incl.oth.Net from railroad_ __ _Taxes (less war taxes) _Uncollectible revenue_Net after taxes, &c_


EARNINGS.

Freight revenue Passenger revenue __ _

Tot., incl, other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses.. _ _Transportation exp..

Tot.exp..incl.oth.Net from railroad Taxes (less war taxes)_Uncollectible revenue_Net after taxes, &c_


EARNINGS.

Freight revenue Passenger revenue__ _

Tot., incl. other rev.Expenses--Maint.wayMaint. of equipm't_Traffic

expenses_- _

Transportation exp..Tot.exp..incl.oth.

Net from railroad_ Taxes (less war taxes).Uncollectible revenue..Net after taxes, &c_


EARNINGS.

Freight revenue Passenger revenue.._ _

Tot.. incl. other rev.Expenses--Maint.wayMaint. of equipm't_Traffic expenses _ _ _Transportation exp_

Tot.exp.,incl.oth.Net from railroad.. _Taxes (less war taxes)_Uncollectible revenue..Net after taxes, &c_

Net after rents Aver. miles of r'd oper

EARNINGS.


Tot., incl. other rev.Expenses-Maint.wayMaint. of equipm't.Traffic expenses.. Transportation exp..

Tot.exp..incl.oth.Net from railroad..__ _Taxes (less war taxes)_Uncollectible revenue_Net after taxes, &c_


EARNINGS.


Tot., incl. other rev.Expenses-Maint.wayMaint. of equipm't.Traffic expenses.. Transportation exp_

Tot.exp.,incl.oth.Net from railroad_ Taxes (less war taxes) _Uncollectible revenue_Net after taxes, &c..


EARNINGS.

Freight revenue Passenger revenue.. Tot., incl, other rev.

Expenses-Maint.wayMaint. of equipm't_Traffic expenses _ _Transportation exp_

Tot.exp.,incl.oth.Net from railroad _ _ _Taxes (less war taxes)..Uncollectible revenue..Net after.taxes. &c_

Net-after'rents Aver miles of r'd oper.

New York Central Sys (Conci.)Pittsburgh & Lake /Iris

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. . 1919.

23,158,642 28,513,513 2,266,040 4,320,4372,669,147 2,287,179 230,168 205,533

28,034,187 32,992,272 2,784,240 2,792,8404,278,253 4,374,227 489,369 414,5308.828,670 7,038,496 928,673 676,184179,483 187,253 20,733 11,895

10,159,319 10.217,617 1,022,557 902,55724,001,843 22.365.184 2,516,885 2,049,5594,032,344 10,6277173 017,355 ' 743,280825,325 884,277 75,000 75,500

270 45 2113,206,749 9,742,766 192,141 667.7801,465,850 9,839,554 "1 373,054 t701-,16

224 224 224 224

Toledo & Ohio Central-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. . 1920. 1919.$ $ $ X

7,771,845 8,776,009 668,145 502,414817.155 763,112 69,541 68,759

9,078,909 10,129,6591,545,850 1,543,2422,824,786 2,498,700

79.039 79,0603,957,136 4,609,713

774,01084,036250,2449,642

440,522

600,981146,104242,8665,712

303,1518.642.801 8.952.795 807,232 715.763436,108 1,17(-77M6 --33,221 --114, 1438,773 361,888 38,136 32,292

252 37 33--2,916 -814,938 --71,391 -147.074

."-‘1=-"350 805,414 =•-731777.) urra435 435 435 4351

New York New Haven & Hartford-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919. I$ $ $ $

49,236,962 50,721,287 4,330,254 3,456,429,44,774,217 39,379,916 3,678,779 3,279,6011106545119 102294,211 10,313,075 7.336,77314,280,054 13,525,533 1,133,552 999,52921,377,446 20,913,412 2,277,817 1,935,427,

541,089 475,231 41,654 36,31851.147,508 48.020,080 5,129,244 4,254,26892,473,381 87,746,523 9,045,396 7,649,36714,071,738 14.547,688 1,267,679 -312,5933,770,657 3,216,375 315,000 266,000

27,816 15,990 1,446 4,63210,273,265 11.315,322 951,232 -583,226*6T7207378 7,534,334 ""1 646;246 =846,82g

1,965 1,992 1,965 1,965

New York Ontario & Western I-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919. I$ $ $ $ 1

6,468,580 7,140,143 481,891 553,4472,697,357 2,168.483 100,175 126.427110,909,515 10,895,0051,748,083 1,557,4822,658,789 2,763,995108,686 102,125

5,016,227 5.300,294

735,167137,772229,9418,637

506,185

793,522117,3361255,2306,647

429,2789,804,044 9,974,523 905,564 837,853

920,481. -170,396329,921 297,124 27,500 24.700

24 1,449775,523 "21,907 -197,896 -69,031

'-'7=3,7M3 548,58 -194,11/ -76,521(See also on page 14) 569 569

$ $900,424 1,083,364148.585 170,586

1,079,558 1,285,494237,868 180,22063,755 60,97415,045 14,373

628,401 620,665964,517 895.028115,041 390,46638,500 38,970

7 1476,533-76:716

351,481173,148

112 112

Northern Alabama-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ 3

102,504 95,80414,529 12,573

148,84639,1355,1021,801

57,620105,147

111,65527,3614,1291,144

89,051123,589

43-,609 -11, 33,830 3,400

939,859 -15,33319,912 -26,134

112 112

Northwestern Pacific .-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ S

3,615,941 3,033,299 303.003 226,6622,400,373 2,110,871 171,003 125,5526,682,459 5,702,3971,328,393 881,547859,482 682,55161,059 58,706

2.821.825 2,201,299

580,690126,20377,3726,988

248,714

383,404106,01965,3025,228

204,8325.250,272 3.973,767 475,132 396,071 77327571 7728,629 -- 105,557 --12,666

285,857 263,476 25,589 22,0691.455 34 327

1.144,873 1,465,119 70,640 -34,7351=3,271 11,408,008' 60,(-4-W "1-32,47

530 521 538 521

Northern Pacific SystemNorthern Pacific


72,934,722 78,534.343 6,119.112 6,104,20820,331,317 17,146,143 1,503,410 1,456,701100739353 102908,259 -9,71,01:75 7,934,35216,223,655 14,226,882 1,087.576 960,94717.610,480 16,716,958 1,592,120 1,365,231

765,309 779,682 61,062 71,42128.274,462 37,501,967 3,568,260 3,275,59976,179,714 71.516.302 6,630,852 5,965,10024,T,61131 31,391,051 2;820,210' 1,9697377,482,648 6,499,718 721,176 524,231

23,940 5,610 1,280 - 373 17,053.050 24,886,628 2,097,752 1.444,64718,37M62 28,209,373 ".2,384,479. 1,576

6,592 6,585 6,566 6,566Minnesota & International

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. • 1919.$

$ $ $

693,598 650,255 62,386 47,908316,904 282,676 30,320 24 682

1,073,849 992,093 97,327 76,836241,630 203,885 8,953 14,455205,202 203,788 17,757 14,8546,005 5,758 533 504

551.195 509,407 51,814 45.3481.044,738 962,898 82,600 79,137,...

0,11() 29.195' 14,724 ="-276656,760 53,507 4,861 3,822 17 80 18 2-27,667 -24.392 9,846--43,6g2 =7735 --rag

194 195 194

Pennsylvania Sys (Concluded)Cumberland Valley-Jan. 1 to Dec. 31- -Month of Janua

1919. 1918. 1920. 1919.4,361,826 4,801,724 335,219 397.77882,916 749.151 74,696 63,31

5,633,360 5,917,543 483,149 --481,04994,868 567,875 50,958 67,52'

1,248,523 900,600 115,551 96,60177,846 65,135 8,999 6,581

2.120,513 2,029,130 177,643 215,93..4,589,92:3 3,710.505 365,790 297 98'1,043,77 2,207,037 1-'117,358 i ,1 ;121,990 116,521 5,540 9,61 .

409 642 7:921,037 2,089,872 111,817 -1-§",5T440,255

163 163 163 163Long Island

-Jan. 1 to Dec. 31- -Month of1919. 1918. 1920.3 $ $

6.298,392 5,726,629 04,72015.629,124 14.260,036 889,30324,381,973 22,241,156 7,656,5723.163.137 2,894,842 226,7794,334,034 3,173,825 374,732156,876 134,772 13,309

12.167,012 9.867,339 1,100,454

•Crlr. •

January-

4f2,384915,404

Terg:gig264,150295,403r 9,795967.570

20,586,849 16,739,070 1.779,2W 1,597,7823,795,124 7:72,085 --T2,Z37 -98,2001,063,277 1,069,859 104,059 103,052

5,314 3,313 53 1942,726.532 4,428.912 -226,747 7:-201-,4702,421,699 177,(MT -282,826 -226,669

398 398 398 398Maryland Delaware & Virginia

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $

847,484 685,693 26,115 547,355473,662 386.293 11,736 24,9461,356,187 1,101,323 45,2M 83,468128,359 96,854 7,163 8,354339,854 291,894 25,996 11,118

9,892 11,635 351 524882,537 719,087 48,281 61.783

1,386,657 1,141,760 8.3,908 _ii.._,3 703-.=-777 --40,437 -.7-2- 31

21,627 19,795 2,000 1,73347

300,222 230 147"Mr.P73 17737,6I4I -6,252 75, 11

56.840 62,991 5,000 5,00028 6

--52,145 --60,234 -40,653 --7.770-777177 ----7r87627 --43,151 -4,018.82 82 82 82

Monongahela-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

3.35/.061 2,84,964 259,905 278.170$ $

253,210 241,825 21,851 20,1183,652,666 3,211,550 293,970 305,361722.873 743,738 56,966 24,473439,663 338.242 70,867 1 28,536. 10.802 13,007 1,071 732

1,131,906 1,114,205 164,766 109,0562.393,269 2,273,856

-6.124 1,202,528 874.696 -11,252 70,212--4,501 -177Tj55 648,095 1"=-11717 69,04t.

194 108 108 108 108New York Susquehanna & West Pennsylvania Sys-Eastern Lines-Jan. 1 to Dec. 31- -Month of January- Pennsylvania Railroad

1919. 1918. 1920. 1919. -Jan. 1 to Dec. 31- -Month of January-3 $ $ $ 1919. 1918. 1920. 1919.

2,746,879 3,310,482 212,916 243,003 238852641 240043.282 19,648,533 19,708,656700,900 624,062 60,670 50,881 102047147 95,499,953 7,182,726 7,926,649

331,178 333,066 378091498 368481,751 30.039.972 30,477,48243,003 30,461 56,004,008 51,743,016 4,059,612 3,824,02089,967 41.826 112445087 99,166,489 10,515,251 9,098,1291,324 1,233 3,148.318 2,925,988 522,012 230,289

267,841 213.303 168470630 166611.535 16,000,504 15,487,534

3,915,640 4,353,419462,022 414,709665,643 727,07327,830 24,519

2,526,651 2.537,9913.781,458 3,794.069134,181 559,350 -78,971415,047 175,344 34,587

748 119 2,971-281,614 383,885 --116,529

410,149 294,197 356018468 333898.680 32,531,M 29,910,32738.868 22,073,030 71183.070-2----2701:O32 567,15.1112,746 11,035,760 10,652,027 912,994 919,646

12 33.776 30,386 7.654 625

--280,714 --Tnrumr -L---777577135 135 135

Norfolk & Western-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920;1919.$ $ $ $

62.681,027 68,752,260 5,456,843 4,989,61710,824.462 10,237.599 690.859 775,14376,925,599 82,004,034 6,835,195 6,100,01310,660.871 9,524,658 747,338 857,78423,089,001 21,273,001 2,276,604 1,845,119

445,584 536,709 50,680 33,15328,323,931 28.739,290 2,787,689 2,420,68764,021,285 61.579.297 6,016,855 5.247,77012,904,313 20,424,73tT 818,3403,120,000 2,904,000 285,000

3,058 9,808 1429.781,255 17.510.838 533,19710,367,404 18,256,481 795,841

2,088 2,083 2,203

Norfolk Southern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

4,318,945 3,877,124 484,370 318,5131,872,065 1.521,377 146,848 129.6746,591,227 5,753,643 743,6111,353,541 1,067,871 109,9221,228,255 1,313,195 128,494101.004 81.278 11,563

3,259,051 2,569,551 288,0246.197 545 5,273,561 559,546303,681 -7,77582 "1.84,071211,850 193.941 16,000

1.065 192 25180,765156,656

006

285.949 168,045289,942 153,593

907 906

481,42296,935114.7767,917

260,236502,785

-21,36420,000

13-41,376

42,301907

852,243260,000

58

26.108 11.003.493 23,900,655-3,411,681 -353,11621,853 7,613,937 18,707,27-6-713.548,101 -54,70

135 5,380 5,360 5,372 5,360Baltimore Chesapeake & Atlantic


1,019,236 903,772 30,979 60,056520,512 478.405 12,223 28,150

1.603,332 1.436,439182,977 132,551441,024 407,10714,330 13,862

935.847 838,009

60,0098,67533,133

89852.500

88,0768,67714,433

98660,271

1,616,508 1,428,934 98,786 87,941ThT'1 7,505-"I317777 -rss42.247 37,927 3,700 3,160

5592,185 --55,427 --30,422 --42,477 3,024639,856 --25,110 --41,787 -=1".751

2,087 87 87 87 87

Cincinnati Lebanon & Northern-Jan. 1 to Dec. 31- -Month of January-

1919. 1913. 1920. 1919.$ $ $ $

878,886 895.715 50,476 66,83798,680 82,805 7,882 8,446

1.153,261 1,168,339219,631 209,488279,360 219,73215.933 14,507

650,862 693,801

New York Philadelphia & Norfolk-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ )3 r 3

6,241,798 5,748$ ,928 429,256 448,452

1,352.769 1,278,998 96,400 ' 119,1347,632,494 580,492 615,810714,914 54,340 52,546

1,774,649 175,683 129,820115,510 14,278 8,697

3,361,923 345.712 263,8196,283,432 618,926 -4-8r1li

7:1119.391 1,349,061 -38,433 130,091222,881 256,024 19,451 18,573

468 91 8 796.041 1,092,94/ -57.893 111,518

...n64T,727 77/,771 1-='/17461" -107,129121 121 121 121West Jersey & Seashore


3,543,800 3,4A,048 249,500 299,000$ $ $

7.538,322 • 6,465,047 379,075 367,35611,971,020 10,599,543 704,232 736,8rl2,314,978 2,511,140 202.011 220,9062,443,483 1,920,825 227,651 193,254

98.810 91,904 15,357 ' 7,0145,961.368 5,284,563 527,911 480103511,145,019 10,105,859 1,004,214 926064)

826,001 493,683 -299,981 -190,174578,874 483,383 48,992 48,2391,158 3,158 8 193

8,208,366707,704

2,226,468106,575

3,794,6017,188,975

245,967 7,141 -348982-238,6097.175 168,919 -37S038 -250,324 I361 361 361 361

Pennsylvania Sys-Western LinesPennsylvania Company-Jan. 1 to Dec. 31- -Month of January-

1910. 1918. 1920. 1919. -476,484,116 70,628,884 5,232,101 5,273,00621,032,543 15,931.994 1,838,532 1,477,754

76,676 86,693 106342509 95,530,322 9,506.991 7,7570-3613,732 13,109 15,547,722 14,989,936 983,234 1,208,48827,259 18,258 30.479,458 25,170,159 2,747,616 2,358,8441,534 1,447 913,537 959,991 92,636 65,301 •

60,848 56,190 45,408,269 42,732,560 4.381,393 3,943,2931.180.396 1,154,440 104,306-77.7r..36 13,809 --2/-,Y-661.731 56,295 6,486

7 522 2

89,870-3,176

3,598

-88,874 -42.918 -34,218 -6,774-7L77/7172 "' -13,078 -29,432 774

76 76 76 76

9A,_479,271 86,550,206 8,507,263 7,803,452 T6762.727-38 8,980,065 l'-76177/1T -330,6664,271,684 3,480,620 347,720 287,395

5.051 788 185 205 A6,586,001 5,498,651 651,823 -618,167 -17,702,151 4,284,827 609,185 -686,81e

1,754 1,754 1,754 1,754

•

4Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MAR., 1920.] RAILWAY EARNINGS

EARNINGS.

• rolght revenue ,aasenger revenue._Tot., incl. other rev.

; xpenses--Maint.wayMaint. of equipm't..Traffic expenses Transportation exp.

Tot.exp.,Incl.oth.ot from railroad_ _ _ _axes (less war taxes)_• ncollectiblo revenue..Net after taxes, Stemet after rents

• ver. miles of r'd oper.

EARNINGS.

• eight revenue • assonger revenue Tot .,incl . other rev.

; xpenses--Maint.wayMaint. of equipm't..Traffic expenses_ _ _Transportation cap_Tot .exp.,Incl.oth.

Net from railroad_ _ _ _Taxes (less war taxes)_Uncollectible revenue_Not after taxes. &c_


EARNINGS.


Tot., incl. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses_ _ _Transportation exp..

Tot.exp.,Incl .oth.Net from railroad Taxes (less war taxes)_Uncollectible revenue_Net after taxes, &c_

Pennsylvania Sys. W. Lines(Con.)Grand Rapids & Indiana


5,453,117 4,805,660 480,159 335,7622,159,960 1,798,798 156.452 133,145

Philadelphia & Reading-Jan. 1 to Dec. 3..--Month of January-

1919. 1918. 1920. 1919.$ $

57,850,183 66,755,087 5,505,035 4,584,99410,854,210 8,683,464 822,811 914,035

Richmond-Washington SystemRichmond Fredericksburg & Potomac


3,702,999 2,936,796 261,859 324.4573,331,912 2,563,012 139,791 387,025

8,238,636 75577726 835,112 514,7761,009,092 937,963 69,577 99,6021,946,195 1,790,498 191,811 152,538126,484 118,804 9,436 10,407

3,943,833 3,363.025 402,382 298,884

72,871,823 80,764,563 6,931,822 5,950,9807,490,427 7,316,702 593,498 604,48619,296,530 19,354,094 2,033,288 1,579,287

483,180 495,762 37,318 31,93035,476.881 37.144,651 3,567,541 3,485,933

7,741 7,164,371 692,558 76-07370607,854 370,435 38,058 45,520

1,103,480 812,796 107,489 79,86052,187 50,488 7,849 • 3.746

2,625,388 2,411,831 220,130 220,731

7,341,516 6,474,944 676,056 585,767 64,608,174 65,889,371 6304,329 6,860,469 4,670,736 3,824,211 381,471 365,978'-39430f

897,11d 732,/81-1107151---319,256 275,361 40,110 24,797

140 838 6

8.263.64*'31Ti 527.40 90,5111,659,029 1,718,737 66,014 143,228

1,896 328 470

3,340,16o 311,087186,021 164,049 14.992 15,299

87 548 4 5

577,722 456,582 98.938 -95.793 6.602,723 13,161.126 461,008 -52,717 2,886,389 3,175,562 296,08937M) ri

'-3,(---)16,82/ "---2411-5-6"."731rffl "-.2-45,491 -83,498 -83,283

569 569 569 569

Pittsburgh Cincinnati Chicago & St Louis

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ A S $

62,536,682 59,316,445 5.307,204 4,874,60722,235,350 19,024.164 1.823.599 1,760,128

-3,08372-811 1-8781773-0 274,259 -357,6431,127 1,126 1,127 1,127

Pittsburgh & Shawmut-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$

6,663 1,280,637 122,428 113,9621,04$

52.056 47.367 4,491 4,837

L756,6M ' . --M-8471.),81 87 81 87

Washington Southern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1,479,674 1,112,205 111.103 153,5132,286,254 2,313,790 81,313 240,077

93,606,303 87.224,887 10,580,512 7,377,27313,373,786 11,111,714 950,507 903.58531,476,584 24,483,309 2,897,812 2,315,5681,104,988 1,053,740 113,507 84,278

42,081,195 38,777,075 4,448,229 3,610,475

1.115,124 1,343,607 128,570 120,546358,407 347,787 15,086 29,209468,687 377,612 36,244 41,16817.895 13,266 1.240 2,320

420.372 525.898 50,982 44,940

4,532,783 4,027,034 375,627 446,805425,555 270,848 31,724 31,040491,753 401,515 44,739 33.05128,729 21,573 3,975 2,933

1,433,014 1.293,815 132.659 125.586

91,091,636 79,131,535 8,691,074 7,126,207 1,301,631 1,302,784 107,237 120,932 2,505,019 2,074,092 223,475 199.391-2:0-27;761

7,7"14,666 "-8,093,8 1,889,431 2STNg3.686,112 2,879,068 301,063 233,119

6,442 3,073 166 175

-186,506 40,822 "71.:3332,367 14,589 106 974

1,952,942 152,152 '---2-47;4Tg98,073 76,744 7,812 7,136

96 86

-1177,888 5,211,210 1,588,208 17.770 --188,873 26,233 21,226 --1,360 1,929,593 1,876,111 144,340 240,277'tg(-3F,3g-4. n-'771r17T

7-7-V-39776%671",17-711 1,316,034 -56-,734.. 2,383 2,394 2,383 2,387

Toledo Peoria & Western


961,829 1,075,145 121,617 107,324592,599 463,531 48,931 47,534

"=frrff -7"3-672-0 47,310 -1,803103 103 103 103

Pittsburgh & West Virginia-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1,181,427 1,534,744 133,093 99,397118,459 112,398 8,649 10,650

1,721,5n "-'142,54135 35 35 35

St Louis & San Francisco SystemSt Louis-Ban Francisco


51,243,803 45,331,606 4,634.614 3,911,54622,542,066 20,358,980 1,903,518 1,629.945

1,645,768 1,645,592 180,591 161,732335,955 299,397 17,287 27,175517,549 428,232 47,149 34,72225,130 30,162 2,192 2,166

857,896 796,368 91.699 65,171

1.452,608 1,800,146 163,115 122,254689,078 513,720 28,625 52,153569,632 503,125 65,279 56,07215,457 14,998 1,697 884

654,790 717,424 69,617 55,885

78,552,125 69,812,604 7.1727:16* 5,803,74112.288,307 10,198,045 1,039,256 1.117,97315.469,785 15,790,755 1.608,439 1,376,724

670,107 566,284 68,023 38,11830,022,280 26,917,040 3,121,583 2,556.122

1,799,407 1,668,113 163,774 132,589 1,995.217 1.925,381 180,665 178,383 60,428,102 55,251,975 6.047,400 5,237,404

-153.636 -22,520 16,81d 29,143102,000 118,987 8,500 8,500

-1775-5-6 --56,128149,071 170,924 10,781 14,285

137 453 12

I5'l-24,022 1-4-,-56676T8' -373701-6'2,690,518 2,735,673 222,158 219,517

25,671 23,071 1,847 3,685

--255,585 -141,508 8,316 20,643 -691,817 -296,159 -28,785 -70,425 15,407,832 11,801,882 751,763 343,133

'

S

11/4


EARNINGS.


Tot., incl. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses Transportation exp.

Tot.exp.,Incl.oth.Net from railroad... _Taxes (loss war taxes)_Uncolloctible revenue_Net after taxes


EARNINGS.


Tot., incl. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses_ _ _Transportation oxp_

Tot.exp.,Incl.oth .Net from railroad_ _Taxes (less war taxes)_Uncollectible revenue_Net after taxes, Ste_


EARNINGS.


Tot., Incl. other rev.Expenses-Mains .wayMaint. of equipm't_Traffic expenses_ _Transportation exp.

Tot.exp.,Incl.oth.Net from railroad_ _Taxes (less war taxes).Uncollectible revenue..

Netafter taxes, Ste_Net after rents Aver. milts of r'd oper.

EARNINGS.

Freight revenue Passenger revenue Tot., Incl. other rev.

Expenses--MaInt.wayMaint. of equfmn't_Traffic expenses_ _ _Transportation exp.Tot .exp..incl .oth.

Net from railroad_ _Taxes (less war taxes).Uncollectible revenue. Netafter taxes. &c_

Net after rents Aver. miles of r'd oper,

•"---7.2-217g, ---.---=iil5C, 37 20,85? 23,374(See also on page 14) 247 247

Peoria & Pekin Union-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

331,280 283,587 36,883 34,58243,318 73,451 4,103 6,606

65 -320.898 =-2772-01 60,02163 63 63 63

Pittsburgh Shawmut & Northern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1.015,459 1,115,743 119,847 90,69073,201 64,157 6,701 7,418

MMEZ lf,199,M :"--3-07MT4,761 4,761 4,761 4,761

Fort Worth & Rio Grande-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$

863,675 678,413 98,769 40,454687.284 390,444 66,313 43,398

-1.43,748 1,360,394 147,228 104,721210,249 177.290 11,898 17,111485,325 315,824 40,999 36,383

0.291 623 894 890905,957 973,587 98,404 86,858

1,125,756 1,216,347 128.857 100,502291,368 335,851 22,990 21.734582.364 636,690 53,509 46,20112,351 14,987 2,171 845

489.958 637.781 60.976 41,743

1,665.481 1,151,032 185,531 91,089351,972 218,204 36,808 21,147276,084 267,927 25,126 20,57417,249 19,792 2,317 Cr2,782

807,123 540,538 88,212 71,971

1,674,953 1,514,841 154,830 147,990 1.460,852 1,706,353 149,100 119,959 1,526 323 ..1103,126 159,395 114,455-747-,§M

7=z1317/03 7=751§771 --7,60299,500 113,769 9,500 9,500

-335,096 -490,00$ :-=2.0,21i -19,45621,830 21,794 1,902 1,847

91 44

-2-97Th'S139,157 --23,36d46,211 35,828 3,785 3.195

486 672 13

7:630,705 -322.216 -17.102 --52,769 --357,017 --511,844 --22.145 --21,304 92,460 11,405 23 -26,575-77Iril

--338,598 --105,314 "7:171/75176 =75119 19 19 19

Perkiomen-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. . 1919.$ $ $ $

981,568 1,007,335 83,760 68,38199,005 71,909 7,921 7,173

--22,380 =71777445 --5.051T 14,056204 204 204 204

Port Reading-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.A $ $ $

1,520,862 1,928,022 141,413 152,392

=17 oT:li -29,243235 235 235 235

St Louis-Ban Francisco & Texas-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ 45

1,207,911 1,131,502 106,040 66,201223,553 153,562 17,749 23,627

1,121,836 1,117,383 108,520 79,50375,005 79,951 8,790 4,73151,916 47,282 4,058 9,795

237 266 12431,088 455,998 52,712 35,908

2,377,412 2,637.218 190,989 224,436232,124 270,773 10,316 33,266157,429 267,801 18,167 39,566

200 410 251.165,478 1,238.561 108,392 126,241

1,537,640 1,366,344 134,476 99.466276,568 193,747 7,723 28,360254,129 257,372 23,672 16,88520,381 21,800 2,014 Cr752

819,206 637,374 78.540 74,706

562,410 586,807 65,774 51,006 1,571,769 1,792,416 137,236 200,357 1,439,532 1,179,317 --iT7,5-gI. -3'7:5-f

--g8T17 530,575 Trrnr ...,IC7§120,481 23,171 544 1,800

805,642 8f4FJ1M' 53,7V67135,688 112,696 Cr1,249 9,000

._____ _123,61998,10 -Lt. -.E-17c77 - ,1:1-6-g23,725 19,531 1,880 536

215 249 4

539,944 507,404 42,200 26,697 669,933 732,104 55,002 15,079 74,167 167,245 --15,361 -24.691an

523,419 482,867 39,283 "n72,76241 41 41 41

Pere Marquette-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

26,504,203 22,200,348 1.927,038 1.940.4796,127,460 4,233.976 457,681 377,042

-51rgir -1.83T:ga 6.049 I -T.Tff21 21 21 21

Quincy Omaha & Kansas City-Jan. 1 to Dec. '31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

732,310 743,913 60,504 60,564308,832 243,288 24,028 24,347

--181.b0 -7711/,55d --38,358 46,916134 134 134 134

St Louis Southwestern SystemSt Louis Southwestern


10,948,108 10,030,629 1,235.580 798,4172,219,127 2,449,685 164,462 170,382

35,443,136 28,955,011 "1"6.81 2,473,4333.485.487 3,790,387 261,794 356,5917,132,498 6,143,894 804.191 515,752337,974 344,772 38,104 20,753

14,764,362 12,233,618 1,593,706 1.185,459

1,117,:117 1,057,825 123,104 ---1.17483409.701 423,223 17,178 21,332211.457 248,961 31.102 24,447

2,673 9,319 117 167596,122 619.174 72,557 55,628

13,750,284 13,035,152 1,569,739 999,2762,266,390 1,699,967 200,470 217,1262,924,447 2,695,968 268,221 209,178207,760 254,046 23,355 14,627

4,228,274 3,815,729 407,498 325,932

26,723 825 23,315551 2,796,411 2,145,030 1,233,752 7:02,75 122,422 --71627151 10,143,756 8,890,788 1,021,415 818,287

8, ntrr 320,400 328,40/670,865 97,135 57,980 49,678

2,367 1,502 685 105

--116,337 --264,898 681 --18,03/48,175 34,453 3,647 3,003

89 42 8 29

3,606,528 7716T nn48,32-4.513.063 519,409 42,984 37,140

2,535 1,757 74 610

8,046,078 4,940,822 261,734 -278a18n-21-81157

-164,603 -299.395 --2,974 --21 064 3,090,930 3,623,198 505,265 143,233

6,680,35/ 3,814,051 6,8942,232 2,238 2,230 2,232

Phila. Bethlehem & New Eng.-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1929. 1919.$ $ $ 3

--208,675 =71777117r --9,313 --24,501255 256 255 255

Rutland-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ A $ $

2,610,670 2,623,259 230,237 175,579 1,395,874 1,167,126 114.727 94,783

7767/77 71-7MT -51-37-661-n37'724939 968 • 939 939

St Louis Southwestern Ry of Texas-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919. a4S A $ g --,4,873,209 4,335,225 474,713 352,3201,600,634 1,781,682 137,670 119,098

835,464 1,472,853 83,196 115,28383,924 228,989 7,204 18,692146,197 181,042 12,622 14,2094,368 2,949 406 208

580,731 820,364 74,626 67,575

4,838,533 4,540,589 483,992 32T-Crt807,493 774,427 52,033 72,491

1,179.444 1.073.536 114,171 102,33475,948 120,475 4,989 7,092

2,263,692 2,292,466 216,576 174,930

536.910,877 6,5,608 --7-62-,378 500,5211,861,125 1,526,407 205,009 175,1322,295,714 '1,993,010 222,945 195.446106,353 122,159 9,666 5.429

3,652.558 3,027,609 492,284 245,042

828,196 1,249,083 96.160 91,892 4,475,206 4,387,180 406,986 367.415 8,188,827 6,949,626 95:3,240 642.828

=MI 222,876 -12,963 23,39112,733 19,162 1,030 2,550

-717:77327 157,774. 77,005 --39,851231.358 221,856 18,333 17,578

400 41 8 '10

:71277?Jl7j -- -96,218 •=-100,861. ".2--.142101267,000 250.652 31,450 21,000

1,646 546 ' 209 13

465 203,707 --13.993 20,841 131.568 -68,469 68.663 -57,541 -1546,596 -647,417 -222.521 =163,320..-343,076

-22,845 125,851 1."-"717649 21,25971 71 71 71

T.o03 35,559 75,436 -48,556415 415 415 415

71013,895 -177,218 .--750=5.3814 814 807 807


12 RAILWAY EARNINGS [VOL. 110.

EARNINGS.

Freight revenue Passenger revenue., Tot., incl. other rev.

Expenses-Maint .wayMaint. of equipm't_Traffic expenses _ _ _Transportation exp..

Tot.exp.,incl.oth.Net from railroad_ _ _ _Taxes (less war taxes)_Uncoliectible revenue._Net after taxes, &c..


EARNINGS.

Freight revenue Passenger revenue _ _ _Tot.. Incl. other rev.

Expenses-Maint .wayMaint. of equipm't_Traffic expenses_ _ _Transportation exp_

Tot.exp.,Incl.oth.Net from railroad_ Taxes (less war taxes) _Uncollectible revenue_Net after taxes. &c_


EARNINGS.


Tot., incl. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses__ _Transportation exp..Tot .exp .,Incl.oth.

Net from railroad_ __ _Taxes (less war taxes)...Uncollectible revenue..Net after taxes. &c_


EARNINGS.

Freight revenue Passenger revenue.. _ _

Tot., incl. other rev.•Expenses--Maint.way

Maint. of equipm't_Traffic expenses_ Transportation exp..Tot .exp..incl.oth.

Net from railroad...._ _' Taxes (less war taxes) _Uncollectible revenue..Net after taxes. &c_


EARNINGS.

Freight revenue Passenger revenue ...._

Tot.. Incl. other rev.Expenses-Maint.wayMaint. of equipml_Traffic expenses.. Transportation exp..Tot .exp.,inci.oth.

Net from railroad.. Taxes (less war taxes)..Uncollectibie revenue_Net after taxes. &c..

Net after rents .Aver. miles of r'd oper.

EARNINGS.

'Freight revenue 'Passenger revenue......

Tot., incl. other rev.Expenses-Maint.way

Maint. of equipm•t_Traffic expenses_....Transportation exp..

Tot.exp.,Incl.oth.Net from railroad.. Taxes (less war taxes)-Uncollectible revenue..Net after taxes. &c_

Net after rents .Aver. miles of r'd oper.

EARNINGS.

-Freight revenue Passenger revenue.._ _

Tot.. incl. other rev.Expenses-Maint.wayMaint. of equipm't_Traffic expenses_ _ _Transportation exp..'Tot .exp..incl.oth.

Net from railroad_ _Taxes (loss war taxes)_Uncollectible revenue..Net after taxes. &c..


St. Louis Transfer-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1.144.253 1,080,329150,801 123.593115.408 129,7132,227 2.627

545.196 621,666

Southern Railway System (Cond.)Mobile & Ohio

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1020. 1919.12.527,834 11.903.287 1.137.191 956,2022.226.121 2.099.881 188,976 191,375

146,068 99,622 15,636,714 14,840.901 7.759077-1.7 1,215.14310,239 8,805 2.815.763 1,916.824 267,718 174,95526,705 21,096 5,041.699 4.728.755 470,899 421,633202 252 295,419 362,043 35,219 24,75285.365 46,375 7.372,566 6,697,082 729,128 592,488839 798 907 163 124,697 78,751304.454 113,165 21376 -2-07li2,0391,417 110 100

3 31)2415 171 -44 21,260 20,771234.89/ 78.958 -CM 14.787

6 6 6 6San Antonio & Aransas Pass-Jan. 1 to Dec. 31- -Month of January-

1910. 1918. 1920. 1919.$ $ 8 $2,953,328 2,847,667 209.530 242,1181,280,224 1.214,504 90,223 86,918

4,516.590 4.370,334 412,1511,385,254 757.020 143.3591,349.165 1,272,604 126.163

71.051 76,143 6,7632,425,218 2,105.524 173.1725,425,555 4,410,329 467,150"Mt:408,964 -39.99g -34,99;245,587 181.554 15,000

1,604 1,726 208-1,156,156 -223.276 -70.2611.170.62's =0-9-74 =-49,79on

736 732 736

Seaboard Air Line-Jan. 1 to Dec. 31- -Month of

1919. 1918. 1920.$ $ $

25,211,829 22,338,218 2,858,83512..423,850 13.175.582 859,87841,183,532 38,923,186 4,795,2446,374,713 5,186,136 557,5408,982,486 9,108,666 862,325761,439 769,236 89.686

19.549.264 16.986.924 1,930,654:1 165 617 33.346 92 3,599,9183,1,1,415 5,570,613 1.1-9-5-.2-g1,619.792 1,469,434 150,000

6.512 9,919 1,034

349,57297,617102,7826,967

191,333419,806

-70,23115,000

16.04q 015 14 i"1 1 -2, 1,548,896 1,257.283-400.330,--717776 4-113-2-, 1 -42,146

588,022 525,2:34 50,000 47,1511.558 2,248 81 16

95 010 169."46 -8.259 89.307-1051543 24/,368 ."."- 22,327 --Inra

996 991 997 991Southern iky in Mississippi

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.• $ $ X S

1,119,616 876,967 123,042 75,290621.699 525.754 59,928 57,5091,864,983 1,519.495469.125 313,994245,778 190.08929.465 28,237

950.141 763.971

222,14646.90725,5165.018

04,261

145,35634,16422.5311.977

81,315,41 975 1 to 119 177,144 143,756

120,0/ 1•0.3,0 --7131RIT 1,50106,500 109.000 9,800 9,000512 118--85,233 13 605 61 956 35,202 --7,400--85,81/;1 74.542 -40.7 1T7321 278 278 278 278

January-1919.$

2.150,90590,787

3,340.297505.322718.98256,803

1.613,6163,017,387322.909135,000

1212.001.40o 4.006.059 1.044,261 187,7881,85,"9t 73:716,75 - 862,306 182.74f3.563 3.563 3,563 3,563

South Buffalo-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

.375,222 582.509 26,666 54,352

949,68374.309168,0674.662

598.098g 1 51R8.144

29.006

49.138-13,609

11

1.563,095190.525195.8613 960

840,070

Southern Pacific SystemSouthern Pacific

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.112953839 101958,575 9.003,118 8,952,31343.809.587 39.324.652 4,038,885 3.151.298169728931 153948,64g 16,110,253 12,923,80125.171,876 18.719,062 2,268,151 2,216,55533,037,723 28,165,935 2,927,233 2,313,8991,468.440 1.458,730 135.698 106,46263.509.731 59.617.053 5,848.819 5.043,87310944144%4 111659 607 11.758,26g 10,186,18740,280.446 40,295., 43 17M1,997 7:73g76736,815.059 7,127.320 676.931 614,01529.456 41.327 3,623 3,028

4,4.0An 33.10 .091 3,671,439 2,121,57032,560,09 33,9,11,453 3.589,201 2,113,1007.047 7,050 7,024 7,049

Arizona Eastern-Jan. 1 to Dec.. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ $2,858,048 3,657,705 273,641 289,966553.826 551.197 52,761 51,79486,546 167,743 3,681,306 4,478,691 -769,861 370,8816,175 12,893 796.609 668,548 48,330 85,00514.501 21,372 608,546 602.705 50,498 52.742342 282 27.094 26,107 5,995 1,20152,800 77,745 1,220.377 1.216,865 114,195 105,7961.25) -01 75,330

310.39432.502 Cr3,666

9-- 691125.016

36

114,052 9%01 7gg 9,73 5(10 237,313 247,40053,6912,800

7,549 50,891-2,750 ..""21 ,88-1

11 11Southern Railway System

Southern Railway-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.81.811,428 76.183.282 7,943,941 6.263,30836.839,905 40.568,658 2,775,465 3,035.552129187811 126514.296 14.045,676 10,126,42924.169.451 13.568.310 1.978.951 1.510.35527.467.880 24.5-0.010 2.626.246 2.422,6421.554.8'0 1.493.452 176.964 114.365

56.335.717 48.772,492 5.494.804 4.512.0841111.1811 91 810.435 10,692,246 8,872.75916.042 999 34.,6.).8, 1 n53.40 7,25riTal4.042,115 3.742.144 363.434 319.786

74.285 45.102 2,055 7.40111.096.597 NO 9 -6 694 2,987 939 90-37C87.10.611.610 29.291,869 2.511, 04 "809M

6.982 - 6.982 6.983 6.982Alabama Great Southern


$7.470.847 6,371,190 579.042 593.3212.476,752 2.356,193 175,047 171,09410.529,7391.513,3432.587.465160,372

3.906.049

9.296.634734.758

2,323.722147,681

3,679,411

919,017105,636203.472

8.9.5t8 1,,44,184 "n=riri 123.480249,903 193.807. 17,151 16,281934 1.032 99 54638.080 j....._,_,5 '7 341 115,303 107,144683.494 -1X12T292 -172705- 107,950377 377 377 377Galveston Harrisburg & San Antonio

--Jan. 1 to Dec. 31- -Month of January-1919. 1918. • 1920. '1919.$ $ $ $15,449,482 14,708,780 1,407.454 '1,301.6515.468.207 5.274.233 442.986 413.58521.95174776. 21.23,847 2.125,5615 1,815,6513,005,164 2,335.956 301.264 275,391.4.849.732 3,799,479 447,348 340,781210.306 276.788 24,210 21.5057.968,686 7.884.672 780,088 688,066Ill 862 755 14 086 120 1,625,470 .393.6991707777717 6,284.,1d -7RROTT ,735.864 622,287 61,324 52,2057.267 5.850 1,828 2874.'5050% 76E9F757 436,07 369,4594,018,183 5.3=r7r7 "77.178. 351.7901.391 1.371 1,381 1.382

Houston & Texas Central-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.$ $ $ 36,502.063 6,189,186 658,882 468,0372 648.700 2,212.798 228.233 175,427813.23953,349171.265

283,935 372,198104.514 640,88g 628,284

2.065.962 2.163,129 =3,127S =4-71285.014 264,596 22,136 24,561

1,418 3,110 36 231 779.510 1 925.112 255,963 160,3691.480,..8 -27= -217AT -lam

312 312 312 312Georgia Southern & Florida


2,783,070 2,202,924 263.099 235,4601.226.272 1.127.735 183,815 140.5464,374.501 3,694,800 561.91g 408,907740.901 567.370 73,809 65,132

1,051,681 934.927 105.593 100,98572,889 56.987 9,261 5,297

2.009.221 1.555.758222,024 173,524410')993.. -7.21-7 428,123 352,718252.5./ 445.263 133.,9'188,553 171.429 17,500 13,750

970 020 93801.051 3-3 01358,285 3.1, .800 125,932

402 402 402

111111M.42,13643,581

402

9.720,533 9,041.980 1.073.261 685,6351,757.962 1.203 144 162,353 129.5631.797.851 1,500.931 178,632 114,27280,030 109,921 6,559 10.2263,905,528 3.364.058 373.270 101,4627 7i7 312 ----rrami TAPC-RIT 574,04677772l4 7771775 333.= 111,58g

455,494 406.118 37.685 34,0233.009 2.739 . 666 609

1.422,807 2.436.112 295,44g 76,955=I= -7177757; -2.71,606 --797577

847 928 847 856Houston East & West Texas

-Jan. 1 to Dec. 31- -Month of January-1919. 1018. 1920. 1919.$ $ $ 8

1.716,694 1,463,317 131.219 143,327566.552 502.088 46,758 40,508

2,396,164 2,08, ,i16 217,17* 192,477417.799 326 883 44,708 31,677310.970 288,956 39,942 13.30312.127 18.377 2,975 625

1.105.820 889,239 98,499 83,1171 896 6,1? 1 566.0 '8 192,876 132,942499,301 . 1717 "rrAT ."76M391,070 72.927 7.570 6,158

1.723 485 499 15406 507 449,114 16,237 53,860

190 190 -7.747 -

190 =1M369,043 404,10/

190

Southern Pacific System (Cond.Louisiana Western

-Jan. 1 to Dec. 31- -Month of January1919. 1918. 1920. 1919.

2.684.730 2,854.649 307,275 218,77(1,357,107 1,241,013 119,848 110,234,234.596 4,348,161 480,675569,942 347,697 68,168765.434 643.106 77,24250.573 66.268 4,656

1.145.502 1147.880 100.733

338.0940,81(57,534,28

108,792.081.303 2.346 510 264,460 224,66 1.551.292 1,999.6.s5 216,214 113,42!194,395 166,670 19.795 10,651

525 2.865 32 3'1.356.371 1 SW) 0,V) 196,38f 102,7:31,285.476 1,826,615 .-.1906-8. '''.100.51 1207 207 207 20

Morgan's Louisiana & Texas RR-Jan. 1 to Dec. 31- -Month of January1919. 1918. 1920. 1919.

3 $ $ 35.469.544 5.897,356 590,895 489,7362.129.633 1,854.186 186,813 164,8798,065,807 8,351./31 902,923 696.3591,250,722 903,868 62.783 89,5941,628,665 1,419,815 124,868 149,313

98.446 92,534 8,806 6,9483.120.634 2,043.846 276,735 304,196, (1,154.(1,)0 , 5 574 -14 497,193 671,0191,01,016 2,r , 3,003 40s,11 -1723733431.581 346.081 36,543 30,156

,5241.957 2 372 121 1."71.7 2.491 19! 367373Th 95,0611,112,124 2,363,140 nr078-.51. 84,12g

400 400 400 400Texas & New Orleans

-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920.$ $ 3

5.374.159 4.952,781 545,210 13973169,3282,048.872 1.899.575 160,309 163,5068,140,177 7,445.599 837,319 580,9591,455.442 131,137 136,7082,276,384 213,450 183,48955,837 5,744 5,0462.950.768 266,732 235,493• .968 '45, 67875! 592,292- - - -811,820 1,292,096 ----igg,751- -11,33g253,547 21,129 21,0855.603 1,990 2,087

619,q00 - 140,631 34,455=Tr 111,067 -48,09g

469 469 469 469

Spokane International-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ 8

858,849 735,370 114,691) 60,816185.879 145.668 20,167 14,931

1,072,680 912,903 -1117:117 77,707215.521 150,281 14,917 11,53892,941 94,994 10,729 6,90919.975 16,422 2,310 1.258356,579 302,337 40,084 27,2997I 5-6 605.100 73,355 51,570341,103 :747702 -TS= 26,12g51.238 36,248 4,518 4,012

75 2098).9i4 ''71 . 276 59,26224..238 -27775 52,254

156 163 156

22,116'20,160

156Spokane Portland & Seattle


4,923.534 5,952,144 516,620 374,2611.841,587 1.972,328 137,245 122,6667,2, 5.263 8,496,944 -T60,2g7 653,0831,235.183 1,297,181 121,630 145,8311.006.707 975.802 93,498 101.749

73,684 65.479 8,163 7.4292.514.916 2.589.222 239,436 227,469_E,...._,_104 439 5 106 9 '1 489,042 504,148- 2-,11.24 3,300,6, 0 "nit= .. "787933742,000 810.005 80.000 59.200

602 565 320 551.428.221 2,460 069 190,923 -10,3201.631.582 2,6,9.866 i I1ir,8 . 15,003538 538 538 538Staten Island Rapid Transit-Jan. 1 to Dec. 31- -Month of January-1919. 1918. 1920. 1919.

$ 8$1.026.267 886,165 88,919 91,964939.465 821.574 66,559 59,581

W171 1,934,751 168,175 184,506300.972. 340,667 19,320 19,756339.310 274,802 27,547 21,85412.827 15,355 1.141 1,0361.198,622 973.095 102.717 95,781

1.082.235 1.700.425 159,5T-7177177 -7717721

177.803 141,770 15,000622 27

8,662 37,23614,000

403.900 92,526 -6,337 23,231

-777177 31,042 19,113 -73701423 23 23 23

Tennessee Central-Jan. 1 to Dec. 31- -Month of January-.1919. 1918. 1920. 1919.$ $ $ $1.775,940 1,936,892 196,370 180,937576,100 037,056 45,287 46,2982,489,537 3,011,822 288,T6T)847,992 669,932 49,382 73,187616,480 672,353 56,430 71,83540,259 28,806 4.729 1.108

1,246.550 1,258,519 118,055 09,9929 996 486 2.712.627 235,40. 253,245253,245-336,928 ..."=),2 -MST -10,20f

65,350 78,526 5,687 5,135210 366 1 97

409.40R 990.302539,446 4,744

292 293

47.666 -15744026,237 -26,60/

292 293


M AR. , 1020.] RAILWAY EARNINGS 13

EARNINGS.

eight revenue 'assenger revenue Tot.. incl. other rev.xpenses--Maint.wayMaInt. of equiprn't.Traffic expenses Transportation exp..Tot .exp.,Incl .oth.

et from railroad_ _ _axes (less war taxes)_incollectible revenue_Net after taxes_ _et after rents vet. miles of r'd oper.

EARNINGS.

:Ight revenue 'aasenger revenue _Tot., Incl. other rev.xpenses--MaInt.wayMaInt. of equipml.Traffic expenses_ Transportation exp.

Tot.exp..Incl.oth.et from railroadaxes (less war taxes).ncollectibie revenueNet after taxes. Sce...et after rents vet. miles of r'd oper.

EARNINGS.

' eight revenue 'a&senger revenue _Tot., Incl. other rev.xpenses-Maint.wayMaint, of equipm't_Traffic expenses Transportation exp.

Tot.exp.,Inel.othI et from railroad axes (less war taxes).ncollectible revenue_Net after taxes, &c_

I et after rents ver. miles of r'd oper.

EARNINGS.

Freight revenue assenger revenue_ _ _Tot., Incl. other rev.

Expenses-MaInt.wayMaint. of equIpm't_Traffic expenses.._Transportation exp.

Tot.exp.,Ineloth.Net from railroad Taxes (less war taxes)_Uneollectible revenue_Net after taxes, &c.

Netafter rents Aver. miles of r'd ()per.

EARNINGS.

Freight revenue Passenger revenue__

Tot., incl. other rev.Expenses-Maio t .wayMaInt. of equipm't.Traffic expenses _ _ _Transportation exp..

Tot.exp.,Inel.oth.Net from railroad Taxes (less war taxes)_Uncollectible revenue_Net after taxes, Rm.


EARNINGS.

Freight revenue assenger revenue _Tot.,Incl. other rev.

Expenses-MaInt.wayMalta. of equipm't_Traffic expenses...Transportation exp.

• Tot.exp.,Incloth.*et from railroad....Taxes (loss war taxes)_Uncollectible revenue_Not after taxes, Ste_

,Net after rents Aver. miles of r'd oper.

EARNINGS.

6/height revenue Passenger revenue

Tot., Incl. other rev.Expenses--Maint.wayMaInt. of equipml.

• Traffic expenses Transportation exp.

Tot.exp..inel.oth.Net from railroad_Taxes (less war taxes)_O7neollectible revenue_

Net after taxes, &c.Net after rents_Aver. miles of r'd oper.

Terminal RR Assoc'n of St LouisTerminal Railroad Association of St Louil-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

40,755 39,990 3,371 3,9114,002,716 3,882,409 364,506 300,710898,095 741,837 47,445 83,169607,309 553,099 75,208 95,71410,309 10,038 1,155 986

1,877,713 1,798,693 178,246 151.5983,46-5705 3,193,111 311,279 340,717-SWAT 689,297' 53,226 i"."--40,003

370,830 400,828 27,139 28,249269 89

136,361288,379 26,087 -68,256

1.6 irrIv) Th,304°36 36 36 36

St Louis Merchants Bridge & Terminal-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

7.525 6,886 661 7333,217,134 3,620,589 333,848 255,874662,672 489,078 39,061 43,798441,953 503,945 77,461 67,8910,017 9,694 829 761

2,356,158 2,395,385 254,142 190,5623,543,419 3,470,013 377.232 307.852

'=3/6,-285' 1W,T7S -43,3)33 -=-311-n100,050 101,551 8,250 8,000

9 369 -426,345 48,655 -51,633 -50,977'. 7.---r3,1 2' -106,56T -51).-6W3 -6r1V

9 9 9 9

Texas & Pacific-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1,934,525 1,983,7831.028.542 671,492

23,575,836 17,996.08610,676,692 7,449,81636,212,437 27,294,8335,118,022 3,610,8627,716,050 5,130,583305,174 294,427

15,827,618 11,894,81030,137,572 21,900,3806,074,866a ̀ 37.17173T1,222,478 1.086,634

7,546 6.566

3,559,922 2,731,258475,357 446,831770,135 607,45434,360 27,896

1,474.623 1,409,15312,872,106i 2,579.769

687.715 "-TTI7473110,900 82,540

190 994,844,839 4,301,251 ._6,76 624 68,849W2747 17:2W(r -2-67r3r4 7,17779)0

1,946 1.046 1.946 1.946

Toledo St Louis & Western-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

7,419,636 7,266,395 745,595 526,193452,877 899,372 30,711 26.983

8,267.877 8,306,1271,475,280 1,365,5161,821,103 1,737,323

72,625 116,9203,440,980 3,087,829

813,44095,402181,1686,455

388,477

5713,62292,644124,8475,124

249,0686,944,945 6,424,137 683,028 484,0721,322,9321 "rggr.=..'"*Tr771), IrMi;315,600 274,200 31,000 26,000

130 170 2941,007,801 1,607,619"777417 1,241,182

454 454

99,123 65,55056,385 44,477

454 454

Ulster &Delaware-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.8 $ $ $

659,782 524,790 34,187 27,916321,370 379.912 14,737 15,278

1,215,809 1,0116,444 90,990 57,989200,692 180,412 13,852 13,352230,877 1b6,828 19,432 18,45118,588 15,797 1,215 1,102

794,873 574,317 54,189 45,493

UzUoll PacificOregon-Washington-Jan. 1 to Dec. 31-

1919. 1918.19,413,730 17,896,0646,770.652 6.239,28928,367.603 26,264,9565,016,131 4,162,5284,443,018 3.629,173357,752 379,238

11,478,429 10,100,012

System (cond.)RR & Navigation-Month of January-

1920. 1919.1,807,041 1,359,440522,217 470,377

2,900,244 2,033,603404,075 404,276440,734 333,18929,164 28,676

1,106,502 873,88822,737,662 19,731,478 2,103,316 1.766,2515,629,9466,5=rin 4:7 -737753T1,598.136 1,512,046 146,000 114,531

4,006 2,289 76 1834,027,798 5,109,143 650,850 152,63 ITIT6Th 4:7187493 525,25 83,323

2,070 2,066 2,070 2,069

Total Company-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.8 $ $ $

128975830 116316,988 11,864,730 10,115,92835,766,515 30,180.036 2,602,570 2.455,453177447697 158845,173 18,794,677 13,573,60925,719,045 19,531,522 1,937,011 2,000,06631,460,939 25,155,883 2,960,951 2,393,6171,109,860 1,362,820 98,787 84,710

54.817,313 47,461,551 5,571,788 4,463,845121772704 101218,775 11,354,180 9,616,697r.C.7;77,7613M3' ii704 777:7194 3,956,9107,072,841 6.986,410 645,749 577,259

16,128 10,345 1,179 77904,586,020 50,629,640 6,793,564 3,378,87046,682,668 61-0), -1.2-. 4,20030

8,031 8,015 8,031 8,030

St Joseph & Grand island-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

2,271,926 2,044,733 199,042 183,495504,880 375.743 40.109 37,375

2,932,822 2,588,577607,363 551,288474,821 463,69224,485 26,197

1,578,100 1,400.905

291,40753,17246,8982,434

130,151

230,56251,78813,1372,070

153,202284,433 2.559,030 245,287 • 233,36288,30 -NIB ' .16,114 ----Tilib130,703 112.644 10,907 8,810

116 43 34 -42,430 -83,141 35.177 --11.610--=-317431 -------156,527 ;-"M733 -13,4r

258 248 258 258

Union RR (of Pennsylvania)-Jan. 1 to Dec. 31- -Month of January-

1913. 1918. 1920. 1919.$ $ $ $

7,710,275 7,078,3131,050,544 615,7362,357,532 1.928,731

3,625 3.8074,246,850 3,728,456

587,65842,129

211,521219

404,929

582,95643,864159,180

249315.705

7.749,697 6,355,141 665,531 525.903"7E7173 "--=7-• "7,872 ----757A2

91,451 87,981 5.000 6,4289 6

-130.882 635,184 -82,872 50,6244177111 7:M7675 =Min

40 35 40 35

Utah-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

1,301,109 1,394,119 168,313 100,1946,785 6.879 592 216

1,309,865 1,409,235164,664 177,963263,894 190,726

2,474 2,011263,269 266.637

169,314 101,67012,627 16,99829,437 24.750

231 23436,200 22,765

1,304,324 1,014,643 93,474 83.5581 720,536 704.530 80,772 66,819=RUM --mirmir --=-7,To .-=2.37rA 589,329 764745T 88,541 .34,8g1

54,600 55,420 5,000 4,600 48,560 39,707 4,022 4,03077 118 Cr2 1

-143.192 -63,739 --7,481 --30,169 540,766 664,997 84,514 30,820-15399 -InTymnr -8,394 -30,091

128 128 128 128

Union Pacific SystemUnion Pacific


80,761,202 72,670,801 7,192.043 6,467,46721,944,240 18,055,066 1,547,832 1,519.449110819,514 98,443,364 11,726,007 8,594,47415,177,307 10,766,975 1,114,988 1,055,63920,793,022 16,413,251 1,923,707 1,569,051

550,812 736,706 42,845 45.01932.023,214 27,332.797 3,280,673 2,642.80773,936,678 59,877.810 6,842,125 5,720,729grgirrgg Mgrra -4-.-g83-Ar -2,Aia,vn3,303,237 3,440,321 285,000 284,765

9,561 4,854 802 45233,570,41_36 357114,378 4,598,079 2,588,62657,71M t 5,616,553 T.N77752- 2,551,592

3,614 3,624 3,614 3.614

Oregon Short Line-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1910.$ $ s S

28,800,808 25,041,123 2.865,646 2.289,0217.051,623 5,885,681 532,511 465,627

38,260,580 34,136,853 4.168.426 2,945,5325,525,607 4,602,019 417,946 540,1516,224,899 5,113,453 605,510 491,377201,296 246,876 24,778 11,615

11,315,660 10,028,742 1,184,613 947,15025,098,364 21,609,487 2,408.739 2,129,717113,162,215 rrnrarg ""."grgrg2,171,488 2,028,043 214,749 177,963

2,561 3,203 301 144

n7123.1:1Tr s-5771757 73,521 -76717198 98 98 98

Vicksburg Shreveport & Pacific-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

2,075,838 1,577,514 234,293 170,040998,788 809,357 98,838 82,844

3,323,329 2,6897il 390,282542,331 374,841 36,696722,051 634,455 73,92954.681 46.031 6,847

1,223,695 1,029,124 179,595

271,58650.99160,5141,441

115,1502,693,383 2.223,356 311,796 238,151629,94g .---7:47/7/4 78,48 33,434149,127 132,586 12,416 9.416

500 323 53 15480,317 332.837 66,015

-717737 -7117nil (32 AV171 171 171

Virginian-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ x s A

10,268,428 10,478,638 1,076,157 829,660722.910 637.647 57.559 52,617

12,075,305 11,903,444 -1-517741,838.772 1,532,407 112,9582,662,385 2,676,010 248.550

56,342 69,028 4,0184,421,505 4.815.018 488,816

957,410195.737239,4056,878

414,7059,175,000 --TOTrff 868,035 859,452'773711 2,628,526 430.952 97,65f

483,200 469,030 45.000 35,200 235 45 7

10,988,186 10,496,119 1,544,636 637.7071 2,466.868 2,159.451 --aT57TIt 62,75710,73T,Vig 10,703,192 1,537,955 'Ira= -rpEntr 399,062 18.18/

2,347 2,325 2,347 2,347 522 519 523 520

77= 2,326,320719,262 662,016

2,286 640

Wabash-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

35,255,547 34,498,242 3.31$4,678 3,247.001

10,143,356 9,993,358 893,968 832,14848,847,085 48;246,411 4,622,171 4,556,9818,086,880 6,104,353 700,420 686,3259,358,676 9,497,764 900,976 702,105657,109 711,877 57,917 43,421

24.610,614 22,489.629 2,476,337 2,191,27744,391,737 40,124,609 4,297,480 3,2,17-8-.g4.455,348 IT,rrarrs "7151,691 .-"TiM1,303,123 1,334,102 102,163 101,106

9,176 2,301 4,356 2163,143,048 6,785,397 218,171 713,503

l'=.STF.,-fgr "rlf5711 '17.,17,T 477,0102,503 2,512 2,503 2,503

Western Maryland-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ s •

12.219,513 13,528.179 1.179,097 1.153,7341,077.210 1,004,670 75,833 77,413

14,610,409 15,402.3512,809,337 2,861,0715,055,826 4,713,553216,873 234,531

5.811,003 7,153,139

1,417,548 1,331,668187,475 298,495452,835 434,66519,413 23,136

558,021 668,44614.591,767 15,526,447 1,272,204 1,478.020

18,641 --124,095 145,344 --146,351518,400 518,400 43,200 43,200

4,960 433-504,718 -642,929 102.144 189.551=.176=3* --492,468 198,982 --204,5g/

698 707 689 707

Western Pacific-Jan. 1 to Dec. 31- -Month of

1919. 1918. 1920.$ $ $

11,227,664 9,187,872 1,110,3931,912,422 1,373,496 131,315

January-1919.

753,23683,295

13,657,296 11,065,962 1,346,473 870.8572,524,159 2,034,146 186,249 209,3312,256,687 1,634,999 189,369 159,535153,852 187,703 21,327 13,289

4,075,386 3.625,271 421,657 307,2369,545.284 7,891.617 866.659 724,0604,112,011 3,174,341 4179

146,794585.264 600,975 67,601 37,016

1.250 1,759 82 103,515,497 2,571,609 412,129 109,7703,546,45) %,ITS:MT; .--.17.7n 84,8

1,041 1,011 1,041 1.041

Western Ry of Alabama-Jan. 1 to Dec. 31- -Month of Januyar-

1919. 1918. 1920. 1919.$ $ s $

1,402,227 1,425.799 132,566 137,849954.420 941.306 74,741 72,518

2,546.170 2,664,202314,119 291,970518,549 627,45540,191 43,376

922,831 874,078

263,69028,91240.0545,345

85,617

225,89829,39848,2762,944

99,6751.915,587 1,844,738 170.434 100,699-75-67372 /13,464 93,255 35.19

72,436 83,337 6,125 7,500 6 25

558.140 629,641 87,123 27,6996 -01Z "M14=6 :=8-3-737 .."- 23,069

133 133 133 133

Wheeling & Lake Erie-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.* 8 $ s

10,682,085 11,970,359 886,519 670,085677,875 485,487 58.646 43,372

12,600,839 13,592,172 1,034,541 779,4162,999,711 3,201,985 107.834 164.2672,357,254 2,092,863 316,042 289,175

75,176 84.078 5,564 6,3245,100,767 5,555,554 537,045 403.66310,869,538 11,265,851 995,367 893,216

• 39,173 --t-113,86562,000 56,300

11,009.752. 1,663,663 -22.828 -170.103-933,858 1,048.5g2 ' --49,344 -176.351

511 511 511 511

Wichita Palls & Northwestern-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.$ $ $ $

1,695,831 683,259 116,827 92,788506,364 296,971 57.125 32.321

2,308,744 1,068,151 201,076 131,651670,857 369,981 58.295 35,078366,050 287,857 35,522 20,87116,997 12,722 1,970 586

1,289,840 650.769 153.921 70,9132,425,562 1.389,803 255,006 133.789".-116,81Y 7171737 -7---5374-51 -2,134

117,624 108,808 11,178 9,069744 160 137 54

24,001 -235,186 --430,614 -65,246 --11,25824,289 -402,161 -489,S1g -106,382 ....-13,433

171 328 328 328 328

Yazoo & Mississippi Valley-Jan. 1 to Dec. 31- -Month of January-

19319.$ $

1918. 1920. 19319.

18,265,196 11',074,083 1,726,648 1,337,9125,605,017 4,456,277 542,195 469,60924,952,130 22,477,008 2,6047F) 1,§.667fft4,073,202 3,053,249 421.898 299,6205,506,600 4,777,336 572.092 416,106191,512 187,575 15,200 11,427

9,114,323 8.183,362 936.472 783,94119,285,122 16.731,537 2.004,490 1,568,2155.667,00 5,745,471 600,276 291,951799,381 812,300 70,833 68,066

3,217 2.452 2.739 624.864,408 4.930.718 526,707 223,8234,447,483 1-01701-6 -"Wu/ 077/-14

1,381 1.382 1,381 1,382

4


14 RAILWAY EARNINGS [vol.. no.

COMPANY RETURNS

All the figures in the foregoing pages are transcripts of the monthly returns as filed with the Inter-State Com-merce Commission at Washington. A few railroad companies still issue monthly statements of their own, thoughunder Government control the number of these has been greatly reduced. The form of these company returns iFoften different from that prescribed by the Commerce Commission. In some instances the figures in the two re-turns correspond, but the company statements go beyond the requirements of the Commission and give fixedsharges and income from investments in addition to earnings and expenses.

It is our purpose that each issue of the "Railway Earnings Section" shall furnish an absolutely completerecord of all monthly returns, in whatever form issued, that may be put out by any steam railroad in the UnitedStates. Accordingly, we bring together here all the company statements (few though they be) where theydiffer in any way from the returns to the Commission, or where they embrace more facts than are contained insuch returns. In these instances, of course, uniformity is lacking. Each company makes up its statement ac-cording to its own conception of what will serve best to convey a correct idea of the course of its income in the dis-tinctive circumstances that may attend its operations or the character of its business. We in turn give the state-ments in the precise form furnished by the companies. Obviously, we cannot undertake to reconcile differences ordiscrepancies that may appear between the company figures and the Inter-State Commerce returns.

It should be distinctly understood that where the company statements are identical with those rendered to the Com-merce Commission, and do not include any additional items, we do not undertake to repeat them here. In such casesthe reader must look for the figures among the detailed statements on preceding pages, which include every steam road thatis obliged to make monthly returns to the Commission.

Belief onto Central Chicago Great Western

Gross receipts Operation Net

Interest and taxes Surplus:

Buffalo Rochester

Operating revenues Operating expenses Net revenue

Railway tax accruals Uncollectible railway revenue Railway operating income

Equipment & joint facility rents Net

Fonda Johnstown

-Month of December- -Jan. 1 to Dec. 31-1919. 1918. 1919. 1918.S $ $ 38,948 8,239 102,280 86,7528.664 7,378 91,528 76.944

Miles operated Total operating revenues Total operating expenses Net revenue from railroadoper-

ation Net income after charges

New York

Operating revenues Operating expenses Net operating revenue

Taxes and uncollectible railwayrevenue Operating income

Other income Gross income

Deductions from income Net income

New York

Operating revenue Operyting expenses, taxes and un-

collectible revenue Net revenue

Other income and deductions, net_Net income

-Month1918.$1,496

1,712,8291.405,553

of July-1917.$1,496

1.378,1051.026,810

-Jan. Ito July 31--1018. 1917.$ $

10.123,320 9,212,9819.295,096 7,052.760

28-494

361210

10,7521,330

11,8082,520 307.276 351.295 828.224 2.160,221

190

&-Jan. 1 to

1919.$

13,955,59215.028,727-1,073,135

280,000572

651 9,422 9,288

PittsburghDec. 31- -Month of January-1918. 1920. 1919.$ $ $

18,479.659 1,322,704 ' 1,400,27417,577,208 1,425,019 1,453,375

86,821

Chicago-Jan. 1 to

1919.$

23,475,55218,317.8025,157,750

631,398-4,-526,352

148,3854,674,737641.293

4,033-,444

Ontario-Month

1918.s

1,314.416

826.893

125,946

& St LouisDec. 31-1918.$

22,656,38117,489,7575,166,624

647,6874,518,63-7172,927

def736,485 740.504

-Month of January-19s20.

$2,193,657 21,096199:3631,780,136 1,663,456413,521 405,907

61,744 55,004351,77729,560

35-0,96313,986902,41

294,580342

-102,31525,000

634

-53,10127,000 4,691,864

783.515-3,908-,349

& WesternJuly-

381,337 364,88915,044 56,752-360,293 -308,137

-Jan. 1 to July 31-1918. 1917.s $

6,090,513 5,067,709

5.473,009 3,848,758

-1,353,707Cr304,731

607,529Cr419,991

-127,949Cr153,169

80,10111,411

-1,048,976 1,027,520 25,220 -68,690

& Gloversville-Jan. 1 to Dec. 31- -Month of January-

1919. 1918. 1920. 1919.

of1917.$

958,072

601,149487,523113,843

356,923112.208244 715

617,504819.386

1,218.951720.273

373,680 -201.882 498.678Total railway operating revenues_ 1,123,137Railway operating expenses 696.889

1,251,641803.399

108,52069.342

93,50463,333 Toledo Peoria & Western

Net revenue from railway oper Railway tax accruals

426,24855,522

-Month of August- -Jan. 1 to Aug. 31-1918. 1917. 1918. 1917.3 $ $ $

448,25764,584

39,1784,900

30,1714,900

Railway operating income 370.726 383,668 34,278 25,271 Railroad and outside revenue 163,281 117,103 1,014.278 843,268Miscellaneous operating income..__ 4,540 7,938 -854 -603 Operating expenses 132.824 106.419 1.010.748 774,524Total operating income 375,266 391,606 33,424 24,668 Net earnings 30,457 10.684 3,530 68,744Non-operating income 33,371 36,730 3,365 2,522 Other income 7.810 15.010 126,150 152.179Gross income 408,637 428,336 36,70. 27,106 Total net income 38,267-25,694 129,680 220,923Total deductions from gross income 393,701 372,549 31,664 31,870 Fixed charges, &c 6.596 8.880 71.481 181,001Net income 14,936 55,787 5,125 -4,680 Surplus 31.671 16.814 58.199 39.921

•

•

A

•


MAR., 1920.] RAILWAY EARNINGS 15

PART PLAYED BY MAIL REVENUES IN SWELLING JANUARY EARNINGS.

Most of the returns of railroad earnings now coming to hand for the month of January show extraordin-

ary large improvement in gross and net alike as compared with the corresponding month last year. Lest

this be misunderstood and be construed as implying a great change for the better in the operation and business

of the roads, we deem it important to point out that the increases follow in large part from the fact that

in the January returns for 1920 there is included an estimate of the back mail pay for the years 1918 and

1919 accruing to the Railroad Administration in connection with the decision of the Inter-State Commerce

Commission of Dec. 23 1919. The addition in this way to gross and net has been approximately $53,000,000.

To show how individual roads and systems have been affected through the inclusion of this item, we have

prepared the following. The statement is self-explanatory but we may use one road for illustration. Thus

it appears by the first two columns of figures that the New York Central gained $5,375,685 in gross and

$2,440,252 in net, but the last two columns show that this was because mail earnings in 1920 were $5,119,496,

against but $366,468 in 1919.-Increase or Decrease-

Name of Road. In Gross. In Net.$

Alabama & Vicksburg__ +55,018 +54,978Ann Arbor +79,774 +40,496Aix% Topeka & Santa Fe +7,149,430 +5,871,530Gulf Colo & Santa Fe. +1.151,007 +520,588Panhandle & Santa Fe +365,333 +294,949

Atlanta & West Point_ +55,511 +28,250Atlanta Birm & Atlantic. +142,278 +142,278Atlantic City -34,675 -39,332Atlantic Coast Lino +932,298 +142.902Baltimore & 011ie +4.011,551 +2,637.594B & 0 Chicago Terminal +87,192 +115,307Bangor & Aroostook.. +120.690 +92,717Belt Railway of Chicago +163,553 +79,279Bessemer & Lake Erie -23,501 -49,745Bingham & Garfield +6,014 +14.739Birmingham Southern -21,756 -28,687Boston & Maine +1.332.791 +390.082Brooklyn East Dist Ter_ +26,165 -7,502Buffalo & Susquehanna_ +33,687 +2.726Buffalo Roch & Pittsb -77,570 -49.214Can Pac Lines in Maine +47,220 +42.786Caro Olinda & Ohio_ _ +128,888 +15.732Central of Georgia......_ +752,537 +532,782Central Now England +12.272 -115,985Central Vermont +104,204 +27,069Charleston & West Caro +20,941 -22.730Chesapeake & Ohio +388,439 +807Chicago & Alton +508,586 +189,725Chicago & East Illinois_ +839,201 +808,584Chicago & North West +3,297,220 +860.848Chicago Burl & Quincy_ +4,923,268 +3,290,768Chicago Great Western_ +603.944 +338,126Chicago Ind & Loulsv_ +445,482 +190,599Chicago Junction +33,260 +61,899Chicago Milw & St Paul.. +3,339,722 +2,104,284Chic Peoria & St Louis +76,640 4 52,530Chic Rock Is' & Pacific_ +4,341,608 +2,763,248

Chic. Rock MI Wulf +289,713 +238.313Chic St Paul Minn & Om +.)95,377 +387,318Chic Terre Haute & S E_ +89,770 +66,570Cinc Ind & Western +143,012 +76.480Cinc New On & Tex Pac +245,195 +37.677Colorado & Southern.. +133.276 +82,575Ft Worth & Deny City +327,252 +118.573Trinity & Brazos Val- +51,801 -4,887

Colorado & Wyoming -47,407 -16,485Delaware & Hudson_ +108,011 -77.567Delaware Lack & West_ +193,832 -582,072Denver & Rio Grande_ +852,376 +667,111Denver & Salt Lake...... +108,087 +2,662Detroit & - +17,527 +15,832Det & Tel Shore Line.._ -18,763 -51,162Detroit Toledo & Ironton -11,606 -2.123Duluth & Iron Range... +25,195 +3,244Duluth Missabe & North -47,357 -65,642Duluth Winnipeg & Pax_ +17,707 -3,191East St Louis Connect'g +16,789 +11,481Elgin Joliet & Eastern.._ -211,665 -160,236El Paso & Southwestern.. +270,002 +138,289Erie +1,239,291 +200.024Chicago & Erie +175,079 +36.722

Florida East Coast +181,801 +223,833Fonda Johns & Gloversv. +15,017 1+9,007Port Smith & Western +40,161 -9,283Galveston Wharf +2,273 -22,010Georgia -60,887 -173,272Georgia & Florida +35,286 -40,732Or Trk Lines in New Eng +6,395 +144,429Grand Trunk West +218,545 -252,506Great Northern +1,277,535 +800,181Gulf & Ship Island +97,253 +42,813Gulf Mobile & Northern +133,022 +36,487Hocking Valley +611,349 +388,689Illinois Central +3,751,935 +2,462,378Internat & Great North.. +622,840 +300,176K C Mexico & Orient...._ +88,784 +45,419C M & 0 of Texas +84,495 +55,747

Kansas City Southern +235,344 +171,174Texark & Fort Smith.. +59,663 +61,221

Kansas City Terminal +19,148 -12,311Lehigh & Hudson River_ -8,005 +3,615Lehigh & Now England_ +61,232 +27,525Lehigh Valley +424,911 -514,711Los Angeles & Salt Lake +331,114 +135,576Louisiana & Arkansas... +161,859 +115,180Louisville & Nashville.._ +2,013,502 +703,408LouLsv Ifend & St Louis_ +12,654 +16,952Maine Central +187,930 +164,148Midland Valley +81,535 +25,314Minneapolis & St Louis_ +576,928 +598,702Minn St Paul & S 8 M +316,846 -256,385Mis.sissippi Central +1,108 -36,386Missouri & North Arkan +27,659 +32,947Missouri 1Cansas & Texas +850,600 +639,358Mo Nan & Tex of Texas_ +844,543 -75,843Missouri Okla & Gulf +72,996 -23.526Missouri Pacific +3,084,595 +2,585,527Monongahela Connect'g +10,814 +99,626Montour. -4,147 +11.460

-Mail Earnilgs-Jan. 1920. Jan. 1919.

$49,118 2,58345,900 3,402

3,093,541 172,045322,268 17,484101,700 5,77139,831 2,40090.377 6,03114,.308 1,716

770,720 64,0181,805,761 113.128 •

70,695 3.749

25,502 2,259147

384,754 45,458

4,604 63149,500 6.3642.274 1,97426,358 975

399,420 24,26715,602 1,70859,278 4.7202,595 2,595

506,644 33,999412,381 15,000664,709 45,429

1,791,490 A0,7072,980,033 208,864330,654 18,942203,659 16,975

2,487,191 145,88020,387 1,799

2,080,506 102,97095,933 4,588

398,988 25.05717.958 1,00069,033 6.121233,204 13,606151.039 9.659109,820 6,2809,822 1,322159 155

15,929 11.26238.334 24.263286,329 16,533

2,929 1,7022.698 2,806

2,888 1,59915,460 59512,529 1,322

804 805

145,497 14,444537,487 34,078100,213 5,85915,433 15,233

200 3461,265 1,336

5,075 5,07523,332 1,3761,753 1,753

16,790 16.6792,566,368 151,666

37,369 2,00059,826 2,9653,746 4,536

1,694,254 101,346252,730 16,35017,791 11,34028,128 1,860188,415 7,98912,091 869

4,558 350931 71

222,634 13,93014,284 7,24224,025 1,659

1,332,191 95,22829,515 1,725147,912 14,63224,414 1,557238,400 14,683186,161 16.26715,171 1,01730,535 2,643526,832 30,755376,029 25,10410,005 1,386

1,815,560 126,912

71 71

-Increase or Decrease-Name of Road. In Gross. In Net.

$ SNashville Chatt & St L.. +640,713 +539.556Nevada Northern -13,359 -14,100Newburgh & Soil Shore.. -2,405 -1,975New On & North East... +224,542 +117,074New Orleans Great Nor_ +26,658 -8.014New On Texas & Mexico +75,806 +45,364Beau S L & Western +21,074 -3,876St L Brownsv & Max.. +207,228 +68,338

New York Central +5,375,685 +2,440,252Cincinnati Northern -8,638 -7,870Clev Cin Chic & St L.. +2,029,378 +1,410,405Indiana harbor Belt.._ +48,649 -181,130Kanawha &. Michigan +72,020 +62,586Lake Erie & Western.. +168,929 +166,545Michigan Central_...... +1,078,721 +61,140Pittsb & Lake Erie_ _ _ -8,599 -475,924Toledo & Ohio Central +173,029 +81,559

N Y Chicago & St Louis +124,294 +7,614N Y N H & Hartford.... +2,926,301 +1,580,273N Y Ontario & Western. -58,355 -126,065N Y Susq & Western___ -1,887 -117,839Norfolk & Western +735.181 -33,903Norfolk Southern +262,188 +205,434Northern Alabama +37,191 +55,362Northern Pacific +1,516,710 +850,957Minn & Internat. +20,493 +17,026

Northwestern Pacific +197,285 +118,223Pennsylvania -437.509 -3.058,187

Balt, Ches & Atlantic.. -28.067 -38,912Chic Lebanan & North -10,116 -24,552Cumberland Valley... +2,101 +34,295Long Island +156,989 -24,435Mary'd Del & Virginia -38,213 -38,418N Y Phila & Norfolk_ -35,317 -168,525Monongahela -11,391 -81,466Toledo Peoria & West. +18,858 -12,336W Jersey & Sea Shore.. -31,654 -109,804Pennsylvania Co +2,034,105 +1,330,294Grand Rapids & Ind +320,334 +210,044Pitts Cln Chic & St L_ +3,203,238 +1,638,371

Peoria & Pekin Union..... +42,506 +35,666Pere Marquette +643,378 -8,001Perkiomen +29,016 +14,248Philadelphia & Reading.. +980,841 +436,981Phila Beth & New Eng.... -32,087 -36,354Pittsburgh & Shawmut_ +8,023 +21,719Pittsb & West Virginia.... +40,860 +38,578Pitts Shaw & North.._._ +28,355 -786Port Reading -33,447 -29,674Quincy Omaha & IC 0... +38,621 +18,713Richm Fred & Potomac. -67,812 -83,304Washington Southern. -71,177 -95,260

Rutland +156,428 +116,857St Joseph & Grand IsI'd_ +60,845 +48.919St Louis-San Francisco.. +1,219,428 +409,432Ft Worth & RioCL...... +94,442 +49,499St L-San Fran of Tex_ +35,011 -10,678

St Louis Southwes +570.462 +367,334St L Southw of Texas_ +261,857 -48,554

St Louis Transfer +46,445 +499San Ant. & Aransas Pass +62,578 +15,234Seaboard Air Line +1,454,947 +872,386South Buffalo -81,196 -42,475Southern Pacific +3,186,452 +1.613,380

Arizona Eastern -1,013 +9,073Gals' Harris & S Ant +309,908 +78,138Hous & Texas Cent +392,626 +222,111Hous E & W Texas_ _ _ +24,201 -35,732Louisiana Western..._ +142,584 +102,785Morgans La & Texas_ +206,565 +280,391Texas & New Orleans.. +256,360 +175,084

Southern Railway +3,919,247 +2,099,759Alabama Great South. +105,777 +93,173Georgia South & Fla +153,011 +77,606Mobilo & Ohio +375,574 +83,961Southern Ry in Miss +76.789 +43,402

Spokane International.... +59,450 +37,673Spokane Portl & Seattle.. +207,204 +222,309Staten IsI'd Rapid Tran_ -16.331 -28,574Tennessee Central +45,722 +63,562Term 11 11 Assn of St L._ +63,795 +93,233St L Mer Bdge & Term +77,973 -8,593

Texas & l'acific +828,663 4-536,226Toledo St Louis & West_ +237,323 +38,867Ulster & Delaware +33,001 +23,085Union Pacific +3,131,533 +2,010,137Oregon Short Line +1,222,893 +943,871Ore-Wash RR & Nay_ +866.641 +529,575

Union RR of Penn +4,701 -134,925Utah +67,643 +53,690Vicks Shreve & Pacific +118,697 +45,052Virginian +341.577 +332,994Wabash +65,190 -490,134Western Maryland +85.880 +291,696Western Pacific +475,615 +333,017Western Ry of Alabama_ +37.791 +58,0.56Wheeling Sc Lake Erie +255,124 +152,976

Wichita Falls & N +69,421 -51,759Yazoo & Mississippi Val +744,602 +308,327

-Mail EarningsJan. 1920.

385,784655

60,7171,189

28,7847,687

86,0345,119,496

34,1901,107,010

1,72192,408638,97440,1783,685

56,0111.132,244

10,65317,759

446,95980,50910,543

1,201.5561,271

51,085491,16611,3921.656

38,36047,5025,1284,0954,5602,0995,803

1,655,435137,353

2,753,599

484.70312,972

180,911

2146.990278

34,053206,493126,53582,45340,47699,2972,000845

122,172114,225

88,414761,577

1,930,38320,151180.311142,73029,53436,53678,76462,248

2,406,115114,33690,018198,31730,725

60066,220

20637,485

417.4353,20017,144

2,382,236578,154416,706

12034,14647,21048,46556,98059,18241,5952,074

17,754250,996

--Jan. 1919.

28,4561,209

2,9571,2631,005515

6,275366,446

1,80062,000

9635,320

38,5942,8283.6812,962

73,4264,8201,203

39,4085,130600

78,6351,2724,614

285,672929116

2,5009,410876

2,548170

2,5814,032

106,3559,929

175,961

24,690410

15.889

108378349

2,34010,5006,0005.8113,11566,4182,000845

7.9697,115

5,64447.413

119,6241,80012,49911,5522,4472,7594,9954,598

144,3817,2605,80411,2991,769734

8,116206

2,558

25,6245,4811,678

140,00038,99029,001

1202,3642,24265,5684,1853,4652.5001,6701,83715,607


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