o. PANAMA RAILROAD COMPANY.

Col. Gro. W. GorTHALs, »
President Panama Railroad Co., New York, N. Y.

Dear Sir: I have the honor to submit herewith the financial.
exhibits and results of the company’s operation for the fiscal year
ending June 30, 1913, with statistical tables and explanatory com-
ments thereon.

Gross operating revenues, operating expenses and net revenue for
the year ending June 380, 1913, compare, as under, with the year
Suny ge _— 80, 1042:

= Operating
Operating Operating revenue Over
revenue. — expenses. operating
expenses.
POPS Se eas estos Selec oe Son veo. eS cenoemeecre te $6, 750, 321.12 | $4, 699, 978. 52 $2, 050, 342. 60
AGI2 2S gee Seeks SPR ae LES aL. 6, 538, 892. 72 4, 854, 286. 46 1, 684, 606. 26
PICT CASE LHL GTS nee oe ie ewe Soe Soto ee Asap D1 4985408 | sos sett Oe ob eee 365, 736. 34

Decrease Pa dOls so ease a SSE eee E A Mee ee see ee AGA MBO 04a be ccta ose stes.

 

OPERATING REVENUE.

RAILROAD.

The operating revenue of the railroad from all sources shows an
increase of $57,674.23.. This increase in revenue is divided as follows:

 

Amount. Per cent.

 

INCREASES.
Revenue from transportation:
Hxeiz ab (Oca lCONTMONClAle 27 estes os cnec ese ces clas cs - ees ceee ese: $31, 234. 27 7. 00
Hreight-docal Isthmian-Ganal-Commission). <3... 2.2. 1 se ee 1, 730. 32 .00
Passenger(UMTOUGI eS te eee Se ee os Sie ore Sie Se ee es oe ee 9, 148. 17 22. 23
PaSSCUIBCly (LOCH) Ge eae seeks etee as oe od Ah emt ont reece Serene eee 79, 503. 01 11. 41
Other transportation revenue from all sources.......-..:--.--+------------- Se 44,116. 57 15. 44
165, 732. 34 8.47
DECREASES, ——S—S————S ——
Revenue from transportation, freight (through commercial).................-... 68, 403. 03 3.63
Nontransportation revenue, from all sources... 3. soe. c cess cece cee cssscees 39, 655. 08 5. 69
3 108, 058. 11 4.18
Net increase... cc Wee seo Sok ce cesta Pie See ue Seale aoe s Sheen es 57, 674. 23 Lagi:

 

Freight traffic from New York and New Orleans shows the follow-
img increases, Viz:

Tons.
PRO Ramana, So Se es oe ae oe ne re eee oe es eee oe 5, 376
Fo South Pacitic ports Ss .6 ow ed A088
_ And decreases as under: oo
Ro. Genitral America and Mexico: = 2:2. 32.2 esa oe St 48
pe No han sia NCisCOs 1<Ae- Sait ey Ss Se es 18, 952

From Philadelphia to San Francisco a decrease of 21 941 tons.
From Europe to corresponding points the following increase 1s

shown, viz, to San Francisco, 260 tons.
And decreases as under:

Tons
Os aM ani); ee ee 3, 068
Fo Central Amernea-and MGxICo- oe 4, 557

Lo South sPaciic ports’. 2.533... ee ee eee «ee. 0, 894