The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-26
Operating Expenses 1920 Show
Increase of 39.2 Per Cent.
Maintenance of Equipment Is
Most Costly Item.
REVENUES ARE MUCH GREATER
Freight Business for the Year
Totaled $16s,472,129.49.
Passenger Traffic for 1920
Increase of S1O,49O,259.12.

In spite of the fact that the total
operating revenues of the Santa Fe for
the year ending December 81, 1920.
were s44,74s.9sS.O2. greater than the
total operating revenues of the road
for the year ending December 81,
1919, the net operating revenue for the
last year was $14.03o.o35.6O less than
for the preceding year. according to
the twenty-sixth annual report to the
stockholders.
This reduction in net revenue is due
to the fact that the total operating ex-
penses of the road in 1920 were SOL
434, ,291.59 greater than the operating
expenses of the previous year.
The total operating revenues in
1919 were $209,5OO, O,0O3.77. and the
operating expenses were s156.s42,-
823.01. The total operating expenses
in 1920 were s21S,O7I114.6O. and in
1919, $156.642,2S3.01.
Expenses for maintenance of way in
1920 were $40. ,636.O2, as compared
to s29.322, 1875 in 1919. Maintenance
of equipment in 1920 cost $5s,375,-
927.02 as against $46.o2o.979.47 in
1919.
A total of 1914 miles of new lines
were constructed on the system dur
ing the year, according to the report
Expenses Show Greatest Increase.
While the operating revenues of the
road showed an increase of 21.3 pei
cent, approximately, in 1920 over the
operating revenues of 1919. the oper-
aung expenses showed an increase fol
the same period of 1872 per cent.~
Equipment Maintenance Costly.
The department for the rnainte.
nance of equipment showed the heavi-
est increase on the expense side. The
increase in this department was So!
per cent. The increase in the mainte
nance of way and structures depart
ment for 1920 over 1919. was 35S!
per cent.
| The increases in the expense o.
operating the road can not be charged
IN updue amount to the office expense
] or to- the salaries OF the general of
| ficers. Tho general expenses, wficl
! include these items. show an increas.
szf only 17.9 per cent.
| The increase in ~the transportation
rail line-department which in
ciude most of the charges for opera
ton OF trains, showed an increase ovel
, 1919 of 3O.4 per cent.
All Revenues Increased.
The freight revenue of the road fol
! 1920 was $16S,472,129.49, as com
| ceding year. showing an increase o.
! $2S, ,72S,262.Ss. The passenger reve
| nues for the year 1920 totaled $63,
| 473,165.26, as against $52.SS2. .9O6.1
for the year 1919, showing an increast
| of $1O,490,259.12.
There were carried during the veal
36,s50,553 tons of revenue freight
as against 31.S11,576 tons carried dur
| ing 1919. There were carried during
1920. 15,656,333 passengers as agains
! 15,147.S11 during 1919.
! With the increased freight rates anC
passenger fares. and the increased
amount of freight and passenger
which were carried during the year
! however, the railroads net opera tinl
income shows in the annual report a!
| having a decrease of $14, 1880. .035.60.
No Comment Made.
There is no comment on the figure
| given in the report. The facts of tn
operation of the road during the yea
are stated, and the conclusions ar
left to be drawn by the stockholder
| Themselves