Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1912-04-17
CAR SHORTAGE
IS DECREASING
Improved Weather COndi.
tiOns Already Showing
Marked Effects


on the surplus and shortare %
freight equipment reported from the
United States and Canada IN a bnl-
letln issued by tho American Rail-
Vav association. bringing data down
20 March 37. not only is there n fur
Their increase in tho number OF il'e
cars hut also q turn in tho shortaref
reportcd. which. up 10 ne time OF ne
last report had shown a steady nd
vance
ln comparison with The prcreH.nc
period there is an increase ir vrr
plus ~ G.6-t cars. ~ which l.71l
arc box and 2.eoG coal cars The
increase in toyc'rs is principally m
New ENGLAND. Iowa. Illinois. Wis
consin Minnesota and the Dakotas.
while tho advance In coal car snr.
plus Is general except IN few ~
the eastern and a few Of the far west
ern states
The total shortage reported, So
"a cars. ls a decrease Of 9.o11 from
the figure ~ two weeks ago or
this GIG are hov and 1850 are
coal cars. while there Il an increase
IN miscellaneous cars OF 71e. The
decrease IN hovrar shortage is zen
oral EXCEPT In New ENGLAND Ohio
Indiana Michigan and western Penn
sylvanla. whore there are slight ln.
creases Tho falling or IN coal car
shortage Is principally IN New York.
New Jersey Delaware. MARYLAND.
Pennsylvania. Ohio. Indiana. Mlchi-
gan tho Vire.nias and tho Caro'n1s
Compared with tho corresponding
dates OF 1'lt tho differences in both
surpluscs and shortages arc striking.
March 20 year AFRO showed 1921
cars ldlc compared with 52.GS2 this
wear while wear ago thcrc woro
1890 cars short compared with 49,.
.97i this year Tho decrease in SUR
plus FOR this year thus amounts ~
1i3.F25 cars. ~ which 2-.SfI are
box and q7.2S7 are coal cars Tho
increase IN shortage amounts 10 22.-
go cars. Of which lG.02q are box
and S.liS coal cars.
Common stock Earnings Drop,
Union Pacific earned Ia per cen,
for IFS s216.G27.S00 common stock
IN the eight months ended February
- 1912. This estimated flsure
x.&s.EU..her income and fixed
: ~. y ieft, compares with
us PEP Gent earned for me sams
stock IN corresponding period last
wear ~ this ratio Union Pacific
surplus for common for the wear end
ing June 30 next. wogld be 1873
per cent versus &C per cent in 1911.
II is 10 be remembered however
that In the last four months Of 1911
earnings were falling off. whereas
the last four months OF the present
wear promise considerable increase
over the earlier months so that II Is
likely that the l012 per centage for
stock will exceed that Of l9l1.
Southern Pacific earned c.5 per
cent In the eight months for It's
SIZE G72 100 stock AGAINST - per
cent In the same period a year ago
In this years figure other income
and fixed charges. as in the case Of
The Union Pacific. are estimated on
The basis Of lq1l figures.
Gain In Gross Earnings.
Railroad gross earnings continue
90 make a satisfactory comparison
With q wear ago tho total of all Unit
% States roads reporting 20 date for
4 tho FIRST three weeks ~ March. a.
1 compiled hv Dun's Review. arrror1t-
/ Inc s.2.>15.2iN. n gain Of 80 per
/ cont 7s compared with tho EARNINGS
| OF me same roads for the correspond
mr. period last yoar
The good showing is especially mo.
/ i'ccahle I'm tho south FOR. while Sou-
f. iharn r'nNrfs % loss for tho Third
week of fho month amounting ~
S.9 i'. other important systems re-
/ port generally clistautia' rlIns
1wone them Chesapeake & Ohio
Stlf197. ana Louisville g. Naer
/ vie sC.7-n lu me west and south
rne' tho returns show some improve
monf over l1ef ncoi. for while thor.
1ro still some losses. Denver a. re-
/ Grandc reports cain Of s17 1000
/ Missouri Pacific. 500 Hnn+ Tcy7s a
Pacific. 500. 2-2. CHICAGO & Alton
s63 az. and 500" s1of521.
In the following table are rivor
The gross earnings o. an United
States roads reporting 20 date for IN,
I first three weeks of March. and M
gain rs compared with the earning
~ the same roads for the correspond
inc period q year ago. also for prac
ticallv the same roads In the two pre-
ceding months. together with the per
ceniage Of gain or loss as compare,
with last year.
January. weeks. 1ot2. sc1.767.
90. Gain. r.S99.150 Oossl; pc
cent so, February. 3 weeks. 1919
s23.142.305; gain. s1.0e1.242: pc
cent 80. March. weeks. s22.Sj5.
3iS; gain. 1.12o.qeo per cent. 20.
California Eaisin lay.
California raisin dav" inaugural
Cd three wears AGO. will be celebrate.
again this year on April 80. Raisir
dav has now become an annual NJ
fair and there Is hardly a part Of a,