REPORT BOARD DIRECTORS PANAMA RAILROAD COMPANY. 7 In the opposite, or northward, direction the following decreases and increases are shown, viz: | Increase. | Decrease. Tons. Tons. South Pacihemorts tO Wuropes: o..6 Soe ee SU uaa oau ne Ae ee ecuieee De AO ie Siero OentralcAmerica and: Mexico TO*MUTOpPCess2h2 0225 i sl enn goatee se ec wce tial erro. 18,690 San Francisco to BUT DCs tee ee ee FL eA EG SI GEES PS NU Toa (MORON nee ae 80 ATVI AGO BUT OW Cars et oe arth aaa ee Gra oa IE eee BRIE Shay eter OU tae rah ss Roe Plo 1 5 ei tc Femara ay 2 30 SOuUuh Pace ports tO NCW. WORK and Gul DOLiSce coe se ss sac eee ce eee ee eons DONASD A sos eeaeans Central America and Mexico to New York and Gulf ports................-..2...---- A DBM ae eee Dan LranCisCOstOouNew. Oli, Gullt DOris CLG. sce ce ere eS ies en cy acts awa ares ae 6, 369 Panama to New York and Gulf OTUS ee rT aN CS et tray eee cee eaten lca | Saeed es es 1,140 The following table shows the freight tonnage carried over the rail- road for twelve months ending June 30, 1909, including company freight, as compared with the twelve months ending June 30, 1908: Twelve months ending June 30. 1 1909: 1908. | Increase.| Decrease. Per cent.| Per cent. Tons carried southbound (to Panama)... 2... 2.5.2.2... 838, 755 S80; 30T ee acs: 4,72 Tons carried northbound (from Panama)................. 321, 549 304, 348 DOO Hees Total south and north bound .................--.- 1,160,304) 1. 184,649 | 2. 06 @ Tons of 2,000 pounds, or 40 cubic feet. The gross earnings per ton moved on the road compare as follows: Twelve months ending June 30. 1909. 1908. Increase. | Decrease. casa a SPU case PSS ee SY DiS eA lel pe a -- Per cent.| Per cent. Southbound. (lo Pandma) ss owe sees oe ee $2.30 ae Ag shee seca 6.12 Northbound (from Panama)............- Aa ase Esau lee shae vies 2.28 De Olea eee 11. 28 Average south and north bound ........--...------ 2.30 DAS Cie ee Sa oe 7.26 Exhibit L, accompanying this report, shows the origin and destina- tion o the freight 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 1,120,181 tons, a decrease of 24 1738 tons, or 2.16 per cent. The total revenue derived from this traffic was $2, 571,157.99, a decrease of $271,682.99, or 9.56 per cent. _ In addition to the above traffic, 40,123 tons of company freight, ae aoe of mails and excess baggage, and 2 035 tons of express were aule _ Of the total freight tonnage carried, 72.29 per cent was south- bound and 27.71 per cent northbound. In 1908 the percentages were 74.31 per cent and 25.69 per cent, respectively. The through traffic was 32.86 per cent of the total tonnage handled, as against 35.50 per cent for twelve months ending June 30, 1908. Coal (including company) cm aee 52.63 per cent of ‘the local traffic southbound.