The sun., 1916-10-24
SOUTHERN PACIFIC
HITS RECORD AGAIN
Roads September Gross and
Net Earnings show
Heavy Increases.
FREIGHT WAMPED LINE
Higher Rates Obtained, With
Panama Canal Closed, Aided
Quarters Figures.
FREIGHT SwAMPED LINE

Southern Pacific. frst Of the big sys.
TENS to make kncwn operating results
FOR September and the quarter year. cs-
tahl.shcd another high record In monthly
gross and net earnings in tina month.
Gross was si5.ls7.75o. q gain Of 1895.
t32 over that month in 1915. while net
after deduction OF taxes Was s5.1s2,507.
or ss?ti3s more. In September. 1915.
tac gross earnings were $i,3io.120
greater than in September Of the preced-
ig year and net earnings nearly ssee.-
GOO larger.
Gross earnings for the three months
ended September 80 last amounted to
siis0T.o2o. and were s5.15t.2i: greater
than in the first quarter OF 1915 and S..
3to.ct3 greater than I'm the 1914 irst
quarter. The Indicated percentage OF
gan over the 1915 quarter H. APPROX
!m4;ely lS per cent. n II this rate IL
maintained. making allowances for sea-
snual variations In the volume Of freight
moving. gross for the current year may
exceed the si72. 0o0. 600 mark. Net earn
inss for the 1915 first quarter were sls.-
460.si0. and surpassed the 1915 fgure
BY s:.533.2ss and 1914 By S5,sl5,e54.
Passenger business OIL the Southern
Pacific lines fell OF s~e,sTt.0ei during the
three months. largely, If no entirely. on
account Of the loss OF exposition travel.
which ran at a high level in those months
IN 1915. Freight earnings. on the other
hand. increased s7,s4e.76?. t~otaling al
together s3o.6si.266 for the three
months. One factor In the increase from
fr,,sh; transportation was the somewhat
higher rates obtained by the Southern
Pacific and other railroads seaching Pa
enc coast points. due TO the closing OF
a." Panama Canal and the as yet lin
Ted resumption OF trafhc through that
waterway.
on the other hand. Southern Pacific
several weeks q had to declare an
embargo on freight at Galveston for
transshipment by water 20 Atlantic sea-
board ports. a. the company's steamship
space was not sufficient to meet demands
an no outside tonnage could he pur-
CHASED except at ~proh!bitive costs.
southern Paciic's large earnings have
s'artei speculative discussion AZ 10 when
the company IS likely to increase its
present dividend rate OF 6 per cent. or
declare an extra dividend.
AM A~RBoR-Rcports for second week Of
or,ot"r. Gr'ss earnings 81. ssl. Inc. Sis
frvn July | S6.sI7. inc. $40. es4.
CANADIAN FAClFIC-At headquarters 81
tsf 'fulloN."s preparations are said TO have
teen made for a strike to morrow sfternoon
u'l'trs u railroad will max. no cninin.nt. but
lie m'u assert that company has made no
lrpsrstions for strike. Brotherhood leaders
tEI' Ciniany Las never earned a. much as Ia
hsi ysgF. having sdd.d 81. coo.e on iu surplus
ID lasarly Increased salaries Of higher 81.
f1aIs SRA. talk has caused falling on In
thfutsh travel on Canadian PACING. passengers
fss'rg canadian northern and Grand Trunk.
Denver 4 SALT LAkE-Reports for
fr>t 0,,k Of October Gross earnings So, 40.
H. s. from July / $751;, al. Inc. 50. a..
ltiil' ~vALIEN-in Septrmt-r. earned
f7ss s. 30, vii, increase Of SIS. ga operating
irc'ru, amounted 10 s.. 0s+. sol. decrease Of 81.
For three months gross earnings wer.
if'i-'14 Increase ~ 81. SIS l07 and net after
'aA's I,5ll,Sl5, gain Of SEA. ~.
LOUISVILLE 4 NAsHvlLLE-Ieports for
!hs11i Inc. slA, lS from July / si5. "a, i:3
iW t.jl6,lls
MOUNTAINEERING valuation re-.
pr Tied with ! 4. e. shows total ,r>t ~ re-.
Production new, on Jun. 20. 1915. Was s.. ~.
~ snd cost Of reproduction, less Appreciation.
j. = III Original cost az road could not b.
found Original cst Of equipment now In ex
is'-nce was PLACED at Sos
TOLEDO. : 7 LOUIS 4 wESTERN-Reports
g. ss'Oud week of October Gross earnings
!Nii5, inc s.i,i ia from July l s., 75s,tO inc.
WABASH ~PTT~TSBCRG TERMINAL-Copy Of
,r'"ul IN Csse n Fssrun minority bondhold-rs'
"luA.tt-- phleCting to forr,lusur. sale At upset
pa, 81 $4,000 has been nied In United States
Court 4 Appeals. No date has beef set for ar.
gullent, but IL Is expected 10 t~ In November.