4 REPORT OF THE PANAMA RAILROAD COMPANY. $228, 298.16 was derived from merchandise and coal freight, $224,834.08 being increase on westbound business and $3,394.08 increase on east- bound business. Passenger earnings increased $64,274.90 and mail earnings increased $13,991.99. Freight traffic from New York and New Orleans to south Pacific ports increased 2,797 tons; to Panama 3,719 tons, and to Central Amer- ica and Mexico there was a decrease of 954 tons. Krom Kurope to ~ Central America and Mexico there was an increase of 2,621 tons and to south Pacific ports an increase of 4,110. The decrease in tonnage from Central America and Mexico to Europe was 7,826 tons, and from south Pacific ports to Europe 6,897 tons. The following table shows the freight tonnage carried over the rail- road for twelve months ending June 30, 1906, including company freight, as compared with the twelve months ending June 30, 1905: Twelve months ending June 30. ~ 1906. 1905. Increase. aTons. aTons. | Per cent. Carried westbound eee ees ein en rao nines aa niece cow ere ee 409,890 | 801,171 36. 10 Carried: eastbound. 52 ss ee Be Sen ee ets ee ee ie i 255, 821 | 181, 091 41, 27 otal west and eastbound 22. = 22225 222s: ge 665, 711 | 482, 262 38.04 — a Ton of 2,000 pounds or 40 cubic feet. The gross earnings per ton moved on the road compare as follows: Twelve months ending June 80. ~ 1906. 1905. |Decrease. Per cent. SVAFESUI OUT Cistiecetire SSO eee Ae a kiana ee tei Sram ee REN os ota $e. 03 $3. 53 14,16 HAS UOO UI Cie ee eee ed ee aia fy Siar veya aise erase Same vee ieee 2.32 3.15 26.35 MVCTAS eR West and CasbbOUM Cia. 285 oes se es aU ee eee ee 2.76 3.38 18. 34 Exhibit L, accompanying this report, shows the origin and destina- tion of the fr eight carried over the railroad. The total revenue freight traffic of the railroad during the twelve months ending June 30, including both merchandise and coal, was 622,274 tons, an increase of 181 ,088 tons, or 41.24 per cent. The ‘total revenue derived from this traffic was ‘$1, 718,389.68, an increase of $228,298.16, or 15.32 per cent. In addition to the above freight, 48,4387 tons of company’s freight and 1,794 tons of mails and excess bageage were hauled. Of the total freight tonnage carried, 61.57 per cent was westbound and 38.43 per cent eastbound. In 1905 the percentages were 62.45 per cent and 37.55 per cent, respectively. The through traftic was 50.83 per cent of the total tonnage handled, as against 72.57 per cent for twelve months ending June 30, 1905. | Coal (including company’s) comprised 87.98 per cent of the local traffic westbound. 7 The following statements show the number of passengers carried one the passenger earnings: