New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-28
Railroad Earnings
Improve Further
As Expense Drops
Cuts in Transportation
Costs Help Net Income of
Roads, Statements Show:
Many Leaders Report

Many Leaders Report
New York Central transportation ex-
senses were cut in June, 1921, by more
tbsn 80 per cent, compared with June.
300 Maintenance charges were cut
almost in half Whereas June, 1920,
moved large deficit, June, 1921,
sbowed a substantial net operating in
.Ome
Details for the Pennsylvania system
June earnings and expenses are now
available, and show that of the s12.-
$4,000 saving made in total operating
eypenses s6,092,000 was in transporta-
ion expenses and about an equal
snount in maintenance charges.
whereas in June, 1920, there was
net railway operating loss after the
payment of taxes and rentals Of nearly
100000. there was net railway OPP
Grating income in 1921 of 1854 900.
The Lehigh Valley is one of the few
roads that is still spending large
amounts for maintenance equipments
80 that the total saving in operating
EXPENSES does not show up as large as
it would we're the policy Of cutting
down maintenance expenses followed.
In June, 1921, transportation expenses
Of the Lehigh Valley were S2,501 900,
as compared with s4,079s 600 in 1920,
decrease of $1,577, 900. The Lehigh
Valley, after the payment of taxes,
rentals, etc, had a net of S665,000, as
against a deficit in June, 1920, of ST.
$4,000.
The Illinois Central changed deficit
Of about s1.500.000 into an operating
income Of s1.25o,000 in June, 1921, as
compared with June, 1920.
New York Central
1921 1920
June operating rev.
snues .,..,..... ss7,sse,4'4 s2s,s95's11
pensss -. lo.s1s4s4 15.e54,bs6
aaintsance charges s.s7s.s24 1s.ss5,sol
Total operating
penses .......... 21.os1.sss s4,s11,es2
Net operating rev.
enue e,oU4,7o1 AVID, Il
'DeAcit.
Pennsylvania System
June operating
revenues S57,1S4.ooe Dec Sb98,oVo
Transport alton
expenses 49,. 23.395ooo Dec. 100000
Maintenance charges s,s7e,324 16,ss5,so1
way and struc-
lures .. 7867,ooo Dec. 2.059,o00
Maintenance Of
equipment . 100000 Dec. 4,431,oo0
Total operating
expenses 49, 1896, 900 Dec. 12.434,ooo
Ne, operating
revenue 49,. s,7ss,ooo Inc. 11,7s7ooo
Six month -
operating rev.
snues ....... 326.4s4. 900 Inc. 16,3ss.ooo
Transportation
expenses -. 151.oo7.ooo Dec 1890. 900
Maintenance of
way and struc-
lures ........ 100000 Deo l3,s17,ooo
Maintenance of
:. equipment -. ss.ss4.ooo Dec 1858. 600
htal operating
expenses 49,. 2s7.Bss.ooo Dec. 4o.2s7,ooo
way opera
tons ....... 2s,sss.ooo mo. B5,e22,ooo
Lehigh Valley
'ane operating rev.
transportation ex-
penees ...... 26o1 GOO <oTS.o0o
Maintenance Of way
" ana structures sss.ooo 100000
I e ance of
equipment ~ e,Io1.ooo 1851 600
total operating ex-
. penses .... SYb2oo6 100000
Net operating rev
ss snue 800. $4,000 def. 1.o7s,ooo
Grating revenues ss.s42.ooo s1,oss. 900
transportation ex-
:, penses ..... 49, 800 600 Jasa7 onO
Aaintsnance OF way
" ana structures s.sse.ooo s.1as,ooo
- 81 n n ance OF
equipment ls43sb oo 1osKe ooo
'o.ai operating ex-
penses , "a e1aeno sep74ooo
Net operating sews
shue ........... $4,000 def b.2sl.oo
New York, Chicaro & St. r.outs
sane operating rev.
snues ...,, 40 9oa nm seYao ooo
Transportation ex- '"'~NS
~ enses ..... $4,000 soe 600
asinte n & noe
charges 7ssooo ara ma
s sssal operating ex- ~
sses operating rev. -'~
'Aae .......... 47s.ooo s1s.ooo
Illinois Central
T so.s, opr rev....sl2s17,ooo Deo.3 $4,000
On opr exp. 10000, 900 Dec. 2.341 900
no. "eome 1850 900 Inc. 1870 900
Total o,s pt rev.. IS,871,o 600 Dec. LOG, 600
On, a, :. opr exp. 65.733,ooo Dec. 1854 600
eoi1ie.-.... $4,000 Inc. A.9S9.0o0
Boston & Maine
NJ Sst an after taxes $3.50 Dec. 4o2,5ss
/ mo- vpr deficit. 159.s67 mo. 265625
Ds nos gross. -. sT.iss.sIo Dec. 1,2e3,l7l
Nst aater taxes. s.oss.56s Dec. 41s,07s
go oS"eit-. f,4S5, o65 Dec I,Dl ozo
Chesapeake 4 Ohio
s sl s gross 80. ss.5sa,7l1 Inc. .47s.oss
II, mo opr income. .1,s44.75s Inc. 1.sss.2sd
Ri nos gross 41.Ss314s Inc. 2,s96.sS2
Net after a taxes. 6.s56,24s Inc. 1.7es,STo
's' opr income. 5.041.s1s Dec. 442.44S
Virginia Railway
hs has erosa ...... s2.o04,240 mo. $3.50, 704
Ses opr income. 1852 Inc. 39S7S6
Nj Nj after an. taxes. 2,77o's47 Inc. 1.s4s.o7a
IVY opr Income. 2.91e.303 Inc. 1.S54.459
Michigan Central
; rms. operating revenue. SAL sI,22ss
Gssas expenses. ............ 2.420 s,iiS
S'sa' operating expenses. 1888 f,o9o
Exports of Meat Products
cHlCAGO, July Exports of most
saooucts during the fiscal year Just
snaed We're only a fifth smaller IN
vanity than during the fiscal year
wv, but ths value was less by almost
ssss-half, according to an analysts OF
ssMclai figures issued to-day by the In
su9ate of American Meat Packers.