The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-06-26
RAILROADS PROFITS
NOT ALL DUE TO WAR
"Financial America Sees
More Solid Advance i'm Re-
ports Of Earnings.
BIG GAINS IN INTERIOR

An estimate OF railway earnings In tho
fiscal year ended June 30. 1915. based on
the returns for the past nine months will
be published to-day by Financial Amer
lea. The figures show that h lines
have so far had one Of their most pros
porous years.
This is In marked contrast 10 the
reports for 1915. which showed that 1915
WAS one OF the most %stasnant periods
tho carriers had ever experienced. At
the present time almost all Of them.
Financial imcr'cd says. are doing more
business than IN any year since the panic
or 1907, and numerous lines are masking
more profits than ever before.
Naturally the roads serving the trunk
line territory" the article continues.
land especially the coal carriers. are en-
toying the greatest degree OF prosperity.
because OF the extraordinary demand for
rail transportation created by tho war
and particularly by the British embargo
on coal exports.
The increases In their per mile gross
revenues. which will very nearly APP
proximate tho growth of their traffic.
rance from los per cent. In the case
Of the Lehigh Valley to $40 per e IN
that OF tho l~tttshurg and Lake Erie. The
trunk line increases range from 17.2 per
cent. In the case OF the Pennsylvania TO
a0.3 per cent. IN that OF the Chesapeake
and ohio. Tho Chicago and Eastern IL
linois shows an increase Of 80, . per cent. 4.
the Virsinian Railway $50 per cent the
Buffalo, Rochester and Pittsburg 25.s yer
cent. the Ann Arbor 2is per cent"
Even the roads covering the interior
regions Of the country arc showing an
unusual Improvement over conditions In
1918. although they arc affected scarcely
AT all by the war. The estimate says
~ these
The Great Northcrn's increase IL 20
per cent. the Northern Pacinc's IL per
cent. the Cuion Pacifc's ~ per cent.
Tho 900 line shows an increase ~ 3s.5
per cent. the Illinois Central II? per
cent. the Minneapolis and -. Louis 20
per cent, the Duluth, South Shore and
Atlantic Is per cent. the Chicago and
Alton ~ per cent. the burlington aud
the -. Paul each 10 per cent, the North
western |. per cent. Frisco IL per cent.
Cotton Belt 10 per cent, Missouri Pacific
10 per cent, Louisville aud Nashville and
the affiliated Chattanooga and -. Louis,
each 10 per cent. Sew orleans Great
Northern II : per cent. Southern IA j.
way - Ter cent, and 50 on throughou,
the country
Following IL the lis' Of the earning
power IN 1915 Of the leading railroads
Marr1n over Earn
hxcl chss on
Fer Milo or np CON
Or Or rev. IN .,k
",2nn ,.,,. icy IN. pt tT re,
y NJ ';.o77 io.;s, 't5 I6s a"
na't'more \ Ohio sAniF-5 -.
Thesapeabe 4 Ohio ~: M z . a. 10
N-n Work Central q .. ia.fi = - :? IS z
PennNlvar'a .....,t55Si i.,lst @, .? - - 10 80
Gruuu an
Let.-h Valley ... S.l. $. ~ IS 70 go i. 20
rilil keaUnS u.rc 4, 1884 = u eSl "a =
nl.no, ,sntrh... Nas7s sa.sa isW 81, SIG
Missouri Pacific. S,-7'rsr .si. ?,
e, y 4 Quincy. q. r'.oi'al,s ~ :. - 81 go
{ " ! 4 FA'h". F'a' " 81" l3% an
\, T,.s santa y r,1iuN. = - s: c,i,s,
Chi. M 4 - I .u.et, aSt n -as'oS SO
Great No-,pern .... '9s- asa ~ N..' - =.
Northern Psrf tr 'l..' iHs = o. ~ u 4 :.
Union Pacific ...... 60. $50 :..s SO ,53. Is :
FnrnnciHi .tm"rird at'a"h.s srea, sig
%riicauce Ia tie increased earnings Of the
railroads in tho Interior regions, as the
growth ~ th"ir traf'ir In normal times
averages about lo per cent. per arnuni.
According 80 the article these incr-asos
mean healthy business activity" IN every
section ~ the country and are looked
upon as more encouraging tina the pros
per'ty ~ the coa.ers and trunk lines, he
cause they show that our good times
are supported nv something more on
during than o-i"rs for war materials"