Se

: PANAMA RAIL ROAD COMPANY. Ce

The gross revenue from operations on the Isthmus, the operating
expenses and the net income for the fiscal year 1921 as compared with —
the previous year, are shown by the following table:

Fiscan YAR. GRoss GRoss NET ~~

REVENUE. EXPENSES. INCOME.
NO eles ee tesco else cae ieee eet Stet ee eirateare $5,020,951 89 $4,937,669 78 $ 83,282 11
NO 20 eee ees eee neers nomena se Lanesiea ee 6,640,037 24 5,570,564 46 1,069,472 78

WDOCKCASC Hg src oo De oeste aia eserece ac one eee .| $1,619,085 35 $632,894 68 . $986,190 67

 

Ratt ROAD OPERATIONS.

The gross revenue from the Rail Road proper decreased $42,724.09
and the gross operating expenses increased $134,857.91 (which includes
back pay paid during the months of October and December, 1920, $43,-
534.95, part of which applies to prior fiscal year, and an item of $57,765.64,
covering the conversion of Caladonia Bridge to a grade crossing), resulting
in a net loss of $156,713.23 as compared with a net revenue of $20,868.77
the previous year. The total revenue derived from freight traffic amounted
to $1,025,452.53 as compared with $923,445.48 for 1920, an increase of
$102,007.05. 7 3 |

The following shows the sources of the increases and decreases in
revenue: |

INCREASE. - DECREASE.
FREIGHT: :
sePhrowch: © OMMeTClal i.e cote ce eae ne et $8,643 62 =

Wocal=-C omimenrciale ers sacs oe ee Se —— $22,787 68 -
eee ATEN Ya CNG VAVose cs I ae Peg eae Near trap 64,682 02 —

denver rng 8G oi yl eo cae ca een Ont a no es 43,125 74 —

Commissary ee ee ee 8,545 91 —

Miseellaaeous-Preight Revenue... .... 823. 5. ee — 202 56
PASSENGER:

‘hroioh-Passene ers esa ke os ae rer eas — 6 70.

Ocal Passenoer sess c 5c fee ee ee in tee Rae ane — 1,888 47

Army and Navy.......- Cee ee ee aS eRe eo ot eee Ge — 35,207 62

Ra name. ©a nays se es ae re ne RE 2 ene eetiars —— —

STS VG OO Once ate et en ee ect a Nie en ages ge eae 364 67 — s

KROSS ree ee a RR ote oe a acaneioe 2,566- 7 ¢ —

SN Wea es eens tet conn et ae eS re Ce ee ee eau eee a 18,223 99

PERE ASU acces es aera eco oN ee ae the, Tae Se Nae oe 8 54

Parlorsand= Chain Garis ee. oe. ane tte eee 370 00 a

Special Service Trains...... AS Sec Ut Ge dt slats lias seen eis renay OO os 2,262 00 a
MISCELLANEOUS:

Switching... ....<... See ee ne he ne oe Rn Se aree — 4/154 30» =

PATOCOMOLLV.C SCLVICC 8 oe i ee ee : -—- : 66,224 35

Other than DPransportation'.0.45 405.70 00o oe an : 24,530 61

 

The total freight traffic, including coal, during the fiscal year was
316,236 tons. This is a decrease of 185,082 tons as compared with the
prior year. Local commercial freight decreased 25,000 tons and Panama
Canal freight decreased 173,000 tons, while Army and Navy freight in-
creased 5,000 tons and commissary freight increased 10,000 tons. 5,000
tons of Company freight moved over the road.