8 | - PANAMA RAIL ROAD COMPANY.

construction of Army Posts at Miraflores and New Gatun, also to through
traffic; to and from Panama City. 42,926 tons, Company freight moved
over the road.

The total revenue derived from thie traffic was $92,345.45, an increase
in revenue of $74,673.24. This revenue was derived from the traffic
between Panama City and Europe after the war.

PASSENGER TRAFFIC AND REVENUE.

The following statement shows the number of passengers carried and
_the passenger revenue for 1920, as compared with the year ending June 30,
1919;

 

NUMBER PASSENGERS CARRIED. PASSENGER REVENUE.
CLASSIFICATION. :
1920 1919. 1920 1919
First-class Passengers............ 503,266 658,762 $463, 674 79 $372,625 03
Second-class Passengers . es cae ~ 903,984 1,234,513 256,940 66 329,023 26
Rotalsta see 1,407,250 1,893,275 | $720,615 45, $701,648 29

 

Average revenue per passenger per mile for 1920 was $0.0274 and for
1919 $0.0261. The gross revenue from transportation of passengers shows

an increase of $18,968.16, and the number of passengers carried shows a

decrease of 486,070.

The following table contains a summary of the operating statistics

of the Rail Road for the years 1920 and 1919:

 

 

1920. 1919.

Eee avernare. Vales, Operated s 00 avs on ee ee ee 55.30 £55.00
Gross Operating Revenue......-... Diep et are ea a oe $2,284,745 78 $2,165,589 58
Operating=E)xpensess.... 2.3 eo a ee. Seer Seer ee Tn 2,263,877 O1 1,979,710 16
Net Operating Revenue............. SE a Sate aus ee 20,868 77 . 185,879 42
Per: Gent. of Expenses to Revenues 1.253. echt ei 99.04 91.42 |
Gross Revenue per Mile of Road...... Se eee nee $41,315 65 $39,160 75
Operating Expenses per Mile of Road....................... 40,9388 28 | 35,799 46
Net Revenue: per- Mile of Road? 0 ss i ev es 31 OF 3,361 29
Revenue per Passenger Train Mile..... Ba is ae eee eee 4 58 4 04
Wevenue-per- Hreight Train Mile. see ee 8 22 TAT
‘Total Revenue Train Mileage....................... ee ee ee 299,195 311,579
Rail Road Revenue per Train Mile................... ep sc: $7 64 $6 95-
Railroad Operating Expenses per Revenue Train Mile...... ee OL 6 35

- Net Railroad Revenue per Revenue Train Mile.............. O07 60
dhonseper woaded=Car cs ee es Fe a ele EY 12.41
ONSEPOL SETA eee ee ee a eee ers 127.56 131.62

Freight, Passenger and Switch Locomotive Mileage........... 410,584 - 412,936
WWionkavbra ims Vial Carer ac tte ere Rs ee esa ae ee Rees 163,324 189,537
Passenger -Lrain= Milled perio coce es St eg ee en ; 180,177 198,265
Freight Train Mileage...:.. Sia eee eee ee 119,018 118,314

 

: — TRANSPORTATION. |
Transportation expenses show an increase for the year ending June

30, 1920, of approximately $38,000. 00, due to. increase in wages, the
principal items affected being:

 

 

oe

 

. : INCREASE. DECREASE.
geipctmsion 6 ee $6,000 00 —
DUA UIO RES CLVAGC so, ce Gh rears re ee ee ee . 19,000 00 an
Mard= Service... ...<. . Se ER een Te ee eee oe — $7,000 00
sHugine Service: >: 2%... 6. 3. . ne Ge ee grades cee ao _ 20,000 00

‘Train Service. ....... See ee oT anes EY gS ic ope pr pa ea ee , 40,000 O00 - eee