New-York tribune., 1922-02-03
Southern Pacific
Actual Operating
Income $1,58l.l02
Arbitrary Closing Up of
All Claims Pertaining 10
Guaranty Period Shown
in December Statement

Actual operating income of tho
Southern Pacific for December was ST..
oS1,l02 and the net for the year was
$39S23, ,066. These figures do not cor
respond with those shown in the table
below because the figures arrived at
below are tn" result Of an arbitrary
closing up of all claims pertaining to
tho guaranty PERIOD that IL, of the
period from March to August, 1920. in
elusive. during which the roads wcrc
'poiA'cd by their owners. but wcJs, in
most eases, guaranteed n fixed net in
come by tho governments
I'll is explanation applies to rroat Of
the December and twelve months state
mcnts now being published In the
case Of the Southern Pacific. however,
the company gave out the actual figures
as we'll n the arbitrary figures 1c-
CURED by the Interstate Commerce
Commission
The Atchlson report shown below is
the company's report and shows actual
figures and excludes lap-ovcr items.
ctc' 'hc great reduction in gross as
compared with December. 1920, re-
suited in tho company's being able TO
save only $4,000 for operating income.
The st. Louis San Francisco lost
nearly S2,500,000 in gross, but saved
Sl.266,ooO for net revenue, or within
quarter OF million as much as was
saved IN the previous Dcccmbcr
Long Island an Exception
The Long Island stands out as an OK
ccptlon as regards gross earnings in
wv and December showed the same
tendency. The result was that thcrc
<lxE.
1921 than in 1919.
Inc decrease in gross on the Vir-
ginian amounted to over half,ya million
dollars and the total operating revenue
IN Dccem ber, 1921. was SLICE. 900.
The Lchigh Valley showed y dccroasc
in gross of $l,95s,0oO, but saved $500.
600 for net operating income. an in
crease over December, 1920, of 1868 900
st. Louis & San Francisco
December op. rcv. se.so2,ooo ss.o75 900
Transp expenses. $50 0nn a7it onn
Total op expenses +. .2s6' 600 aoi "oo "oo
Net op. revenue l.9G6. 200 $50 0oo
Southern Pacific
December op. rnv.$2O.222 Dec Il -,
Msim,e, Ma,m,em' Of way a,417sta Dec. 1,o45,77s
Malhten. or equip. 5.126.St7 Inc 1sao6
Transp expenses. a.oAAsaS Dec. oli954
Total I,ot op expenses l9.a54.45s Dec. sasI51
net Ne revenue -... 267,6l2 Dec. 4.3S4oIs
II mos op -cv. 2G3.tNtSG5 Doc. la r9o
Main,cn' N,aii OF way t2.l9S.sS3 Dec. G.2Gs,5
Malnten. OF equip. tH.1sSI43 Dec IN 9co 20
Ifansp expenses 0..7t4.o36 Dec. H. tSS 7so
rotal op. expenses. 2l2 ,572,2G2 Dec. N.5si ~
'Nc' revenue. ob.922. l02 Inc. 1876 3SS
Atchison System
reGsmbor gross Sld.2S9,s3l Doc. s5.Se81tS
Haiance after tax 5N747 Dec AZ AZ
Net op income 19Aosa no - -oa 80
|? mos gross. 22S. .925.o7o Dec, a ~
balance after tax 4o.S10.sS6 inc. a,524Soo
'Net oP '!lconIe... i 2GS.307 Inc :. ,;g5 O52
,,rS eh'por gross. Sl.S51,269 D-c. ST. 2SS 22s
"a, n.' .a,r Hl'er TAX lA9."al Dec. COS 500
,Ie' "p' income. 2O3.7bl pec Gn5 n2I
~ ~ , NOS gross 2i.55S,l7s Dec. ASl5'03s
tHa.ance alt'r tax h.%67.7Q3 Inc. fSSs97O
'Ne' op. hhcpm'... S,3G0.101 Inc. $40 o20
Lchigl Valley
December gross s52lT 2s7 Doc ,to-o 900
Ealanco after tax 76qs9S Inc nc AZ
Net op. income. SS3lso Inc XXX r > = /,
- mos. gross . 1t92o0f3 Dec "nY . 60 n
Balance after tax 6434.G71 Inc - S,S % ,
'|0 'p' lnco'nc, o5S2, 2i6 Inc. lo3SlS3l
Long Island
pccembor Gross ) Ooa3gt inc no..
Deficit after tax. SolqI Doc 9ns 80 . :,
Nst ~ op' deficit 149.lol Dec 4G$' 'asS
~ .''"e. srosS ... 2'.i2o. ~ Inc. .9o36O1
Ha'ance after tax 3.9G9.2Sa Inc 474S o. :
Net op. income $3.50. S1l2it Inc - ,
Chicago. Indianapolis & Louisville
so r,.oer gross Si2I0,c56 Dec St.7.6aa
Net on. income 24sSeS Inc S-'I - 80 >
- - mos gross. ... i5.l62S1o Dec. YSass9
Balance after taN "234 ,os rrc &C. 60 % - = =
Net op. income. lo6G S-9 Inc oc n = , = =
, Nirgninn Railway
l'ecer Der gross SILICA o4f I,or e--,,, .
balance after tax n $50 nae So' - : = = = >
Net Op. income rc "a r dtN'V3 I
Rs1a nre st.a o.4'S2i Dec 134. 496
w. oP' income d.7.6,ato Dec 40 as