New-York tribune., 1909-10-28
: BALTIMORE & OHIO REPORT.

The Baltimore & Ohio Railroad Com
-fanv's report for the fiscal year ended
-tune So 1919, shows that the gross earnings
F-oul operation OF the entire system aggre-
gated SO 40 $50 Is. decrease Of 81 964 495 0l.
IS COMPARED with like earnings OF 1868.
scT These earnings include those of the Balu-
more 4 Ohio southwestern Railroad and
other controlled or affiliated lines, making
she total for the system 4.459 80 miles TO
1as7 s5 miles the preceding year. The OPP
Grating expenses entire system were $751;
7ssSlSI q decrease of S104o.i25 Il. Net
earnings from operation were SIS, ,24S. .S14 81,
az Increase Of S4,GI5. .629 Sc. Operating re
suits Of the Baltimore & Ohio, including
IL Baltimore s Ohio Southwestern. not
sn6 covering mileage in 1909 of 4,0OS. So
miles, and in lses of 3.9s2-2i miles. were.
d. gross earnings. S7l,0s35l9 p. decrease of
g ~ 81 aS Operating expenses were $4I.-
gs1 e-6s5 4 decrease or S6.5SS,903 o. Net
T. earnings from operation were 80, 4Sl. .542 y,
< an ipcrease OF $4.oSs,64l o..
r an increase Of s3,s59. 500. and gross capital
income. including interest and dividend on
securities OWED Vas $1,000 "a, an IN m
ceilaueous deductions there was balance
or Sls go -, and after dividends, a surplus
Of S4Zs5-. The controiied or 20 aLlllaleo In q
lines had gross earnings OF S5,559'SSI 70,
decrease Of $}99.233 03: operating expenses,
rGe004 = decrease. SAAl I'D a; net earn
ings a.757.352 53; increase, $4l-969 IL EN-
penses 10 earnings, 81 per cent against
-0as per cent i'm 1898.
Tie first Eve months OF the current fiscal
diminished earnings 10 the extent of S6.2lI,-
SAIL as compared with the same period
s f1 tho preceding year. With December,
1eK An Improvement Was noted. and
pain over December. 1851, was made or
t3z-sSS s.. the remaining months OF the
fiscal year continued 10 show substantial
gains indicating return movement Tow
sr5 normal business conditions, the COM
7,s~sfive increase for the last seven months
sggregating sS.7I25es 53. The general bal,
sflGe sheet shows an increase III capltaI
liz bilities OF s. ,696, 10. covering improve
Tnente, betterDlents and extensions, eApen-
djfilres for construction and betterilelts
during The twelve months aggregdllns
s4es49H q as against S6r3l5,SZ2 Il, me
tWelve nlolths Of fiscal 1905 a decrease or
N58I.5a q Capital assets and iiablnLes
in 1919 totalled s523. $50. SO 99, against soSe.-
24sIs9 e5 az 1908 a decrease OF So,b4e,'Z9 %;
Tho decrease in freight tonnage tolalie9
l2s4 % tons. and Of 5is,610.lzi tons carTl9a
one nile. The average rate Ton q Iiilc
,gss 5E cents. as compared with .569 cents
sin 1905 Coal shipments fell OF sesS4Z lons'
ores so 7a3 tons, iron-pigs and blooms.
~1Il3 tons, grain. 26l,SlS tons. ana iIoleSC -
products lie .942 tons. There was a gam ~
coke OF ll3 ll3 tons, in stone, sanG, ETC. %
2.eesg tons, in cement, brick ana hlile o.
- lss - tons and in rails, castings ana M Illa
ehiuerv Of I62.ze9 tons The NUMBER OF pa,ss =
s@nserS carried decreased l6l, ,Zol. aIlo liz
mum Der carried one mile was So'eee'9-t re-. Ie.o
thSu the previous year The average iatE
4 passenger a mile was leS9 ceAls' d.
against ! so cents in 1903