The New York herald., 1922-03-30
RAIL EARNINGS OF
5.74P. c. INDICATED
February Returns of Seventy
Lines Point to SIS, 100000
for All Roads.

If the remainder of the class one rail-
reads yet TO report show that their
February earnings maintained the pace
set by the seventy odd carriers state
ments of which have been published.
the net railway operating income Of
the entire 200 companies for Febr,I-
airy will aggregate close to s55, 900.
or less than s2.000000 short of the s
per cent. return on railway property
value contemplated in the transportation
act
On the basis of seasonal traffic dis
tribution by months. used by the United
States railroad administration. II IL cal
culated that February's share of a per
cent. return on the $4,000. 900. 900 ten
tative property valuation would be $685.
$4,000. The foregoing estimate indi-
Gates. therefore, that the railroads In
February earned at the annual rate of
5.74 per cent. on their property valua-
ton.
There Is. of course. room for con-
siderable modification OF the final figure
In the February returns Of more than
100 carriers to be announced.
Companies reporting yesterday IN
cluded:
ATLANTIC CoAsT-LINE.
February gross Sc. .oos .sss Sc, ,322, ,95i
Net operating deficit. ! .4s9 1888 673, $50
Two months gross. II .300T10 12.It4.Oa3
Net operating deficit. 2,o61, $50 1,014.6o9
MICHIGAN CENTRAL.
February gross .... S5.532 o4f $4,715,54s
Net operating increase 641,I26 .3o,1l4
Two months gross. 10,s09, ,2s5 10.s44,O45
Net operating increase 1,31e,0o4 476,95.
NEW YORK. CHICAGO AND ST. LOUIS.
February gross ...... s2,2Ia.555 si.a45 ,663
Net operating increase 600.s41 1881
Two months gross. 4,313,2a0 4,2lO,lUo
Net operating increase sos,6i0 6A,So2
CHICAGO. MILWAUKEE, AND ST. PAUL.
February gross ..... SIC. o.4o2,7I5 $1o.152 .245
Net operating deficit. s7I.ola i,osS'oa,
Net so opspans %Gaahs sefis,t sssss s4sso5 9Sosi
CHICAGO AND NORTHWESTERN.
February gross. s....... 50, ,saI .o64 s1o.65s.saI
Net operating income. 309. q! 42o,oIo
Two months gross. 1s,s71.ss1 224as,.as
Net operating income. 15s.493 'l''oo,iio
PITTSBURGH. CINCINNATI. CHICAGO
AND ST. LOUIS.
February gross....... $4,000, l51 ssoeo'e42
Net operating income. h3o.a6o .2,5.a,oa,9
Two months gross. -. 13,ss3.33I 1a.s43.S3l
Net operating income. s2S,s4i 2'olo'oio
CANADIAN PACIFIC.
February gross. .s11 .30s .6n3 s12 ass.ss, s.
Net after expenses. 500, 4,4ss sa3.os-
Two months gross. 22,63l .bos -.'.o4'aiI
Net after expenses... 1.137.961 l,4o4,sl'
CHESAPEAKE AND OHIO.
February gross ...... $6,9s0,645 &.2I1 900
Net operating income. .43a .SSo '55s,b3b
Two months gross 12,slo,lS lSI l.'as. .asa
Net operating income. 2.46S,03 'o4,3p
CHICAGO AND ALTON.
February gross. s2,56l .4s9 S2.ls4.o2o
Net operating income. 4Il.ooi Iso'z3+
Two months gross. 4.sSs,9l3 4.aoa'2..
Net operating Income. 64i.73o 400
MINNEAPOLIS, ST. PAUL AND SAULI
ST. MARIE
Eabruarv gross s. 81. .427.11s s3,o55.Iss
Net operating deficit. 445.0o5 63s,5z6
Two rnonths gross. $685. b,2bs,3o3
Net operating deficit. I95.s6f l.oiz'sfl
CHICAGO. ST. PAUL, MINNEAPOL1S AND
OMAHA.
February gross .. $t.921.o7I S2,o64.e3i
Net operating income. lO..ol soi ,eso
Two months gross 1888 SOS 4,as4 's36 50
Net operating deficit. l4,SSo -oi'ofo
MAINE CENTRAL.
February gross 81 800, ,s34 Sl.a3d US s
Net operating income. 5000 gW,,oo
Two months gross. 3,0l3,4ih S..oo.o2i
Net operating income. 1oa,bll aoo's'f
NASHVILLE. CHATTANOOGA AND ST.
LOUIS.
February gross. 81 sol ,4a3 si,6.I g
Net operating income. 1ol .sss $40.
Two months gross. 2.soi,6l6 a,3s,,'+od ~
Net operating income. sl,o3o io''oe
-Deficit
PENNSYLVANIA SYSTEM.
Inc over
1921.
February gross ....... .S4s 562 ,263 ss96, ,339
Feb net oper. income. 6,aIl,l5I ll,6I9,s4o
Tuo months gross.... 81 ,091. liz spb4b,2o4
Two mos. net oper. inc. II 979,S57 II ,2o3,oO9