The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-03-03
VIRGINIA ROAD
SHOW LARGE GAINS
Freight and Passenger Business
Increasing by Great
Leaps.
MORE MONEY IN PAY ROLLS
Chesapeake and Ohio and Nor
folk and Western Issue
Official Statements.
MORE MONEY IN PAY ROLLS
Chesapeake and Ohio and Nor

Earnings OF Virginia railways con-
tinue to reflect the prosperity of the
State, the net earnings OF the Norfolk
and Western for the first seven months
of the fiscal year having increased %
per cent, while the net earnings of
the Chesapeake and Ohio for the same
period increased "a per cent.
Corresponding to the increase in
net earnings, the reports of each road
show large increases in operating
revenues and expense, with greatly
enlarged payroll, the two roads to-
gether having paid out In wages, eX-
penses and maintenance during the
first seven months of the current ifs
cal year s22565,5s3.50, an increase over
the amount paid out in the same pc
Rod of last year of s2,ss2.oso.25.
Norfolk and Western Statement.
In a statement Issued yesterday by
Joseph ". Coke. comptroller of the
Norfolk and Western, covering the
first seven months Of the fiscal year
from July /, 1909, to January 81. 1910,
the net earnings are reported as So
2s6.04o.62. an increase over the same
period of last year OF 04,69S.16. or
% per cent.
Passenger, mail and express earn
inss came to $2,sa3,s7s.14, an increase
OF $332,639.53. or 10 per cent: freight
earnings to s17,1ss,52s.e5. an increase
of s2.7ss,4as.34. or 10 per cent, max
inE the total earnings for seven
months s20.112.40S.o9 an increase of
ss.1o1,132.s7, or IS per cent.
The total operating expenses for
the same period amounted to $11,S26,-
369.47, an increase Of s1,59e,4s471, or
16 per cent, leaving the net earnings
ss.2s6,o4o.s2. an increase of $780,
T.
and taxes amounting to s3,274,9os.e0,
leave surplus of s5,o11I31.72.
January Shows Increase.
For the month of January the Nor
folk and Western makes an even bet
ter showing, the freight earnings hav-
ing increased s4+7,15ss4, or % per
cent. Total earnings for January
We're s2,7S2,492.10, and increase of SAIL
791.sa, or 20 per cent.
Operating expenses for the month
were s1,6o4,S36.77, an increase over the
same month last year Of s25s,o61.97, or
is per cent
Net earnings for the month were
s1,oS7,65i.33. an increase Of s213,729.92,
or "a per cent
Chesapeake and Ohio Gains.
The Chesapeake and Ohio showing Is
yesterday by r. T. Sullivan. comptrol-
Ter. covering the same seven months
as the Norfolk and Western statement
above, the net operating revenue is
shown TO have been sl,44S,346.03.
Freight revenues increased 10 per
cent. and passenger II per cent. the
total operating revenues amounting to
s1s,1e6.567O4. an increase ofs2es3,-
s92.57. or II ped cent.
Operating expenses for the same
period totalled s1o,7aa,216.oa. an in
crease OF s1,235,646.54, or s per cent
Net operating revenue for the seven
months amounted to s7.45Ia5Lo1, or
an increase OF s1,44s.346.os, or 81
per cent Fixed changes and taxes
amounting to s3,60O.492.16, leave a sur
plus of s3,s56,s5S.s5
January Showing.
For the month of January the oper-
ating revenues of the Chesapeake and
Ohio were s2,541,s52.o7 an increase Of
s43219936. or 30 per cent. Operating
expenses totalled s1,51o.s1717. an in
crease of s1o2.o27.50, or per cent.
The net operating rec>nues for the
month was sl.o31,534.9o, an increase
s702,263.O4. or AZ per cent. the
largest increase the Chesapeake and
Ohio has shown in any one month in
recent years.