reserve bank notes and national bank notes are secured by United States government obligations and a 5 per cent fund for their redemption is required to be maintained with the treasurer of the United States in gold of the federal reserve act. Federal reserve Operating expenses Maintenance of way $4,624,398,830 93,247,284 152,950,504 6,356,890,737 Transportation All other Total ....... Net operating revenue.. Uncollectible Operating income Equipment rents, dr. Joint facility rents, dr.... 821,376,694 Net railway operating income per cent...... 94,187,696 Average mileage represented... Maintenance of equipment ... 1,474,890,587 Operating ratio. Traffic Railroad. NET OPERATING INCOMES OF RAILROADS. Atchison, Topeka & Santa Fe. 4,943,928,145 1.412.962,592 336,381,765 2,075,953 75.024,633 1,074,504,874 21,822.873 977.657.368 77.77 235.661 Note The foregoing table is based on the road in Alaska and 241.05 miles in Hawaii. reports of the interstate commerce commis- The figures represent mileage owned. sion. It does not include 248.25 miles of ELECTRIC RAILWAYS IN THE UNITED STATES. On July 1, 1922, there were 47.149.97 miles of electric railroad single track in the 314 475 324 933 1920.. 1,098 1921.. 978 1922.. 721 1923.. 427 686 United States distributed as follows by states and sections: Miles. Tennessee Southern states 769.06 ..... Vermont Maine Massachusetts New Hampshire Rhode Island New England Delaware 527.42 Missouri 1,143.89 Nevada 7.50 10.95 245.85 Wisconsin 765.50 425.83 98.00 North Dakota 25.79 357.63 706.13 Alabama 360.74 South Dakota 26.60 5.691.12 Arkansas 126.26 141.80 Florida 197.41 Utah 377.68 Georgia 704.52 Louisiana 1,540.30 Mississippi 4,588 19 South Carolina Middle Atlantic... 13.857.60 Arizona 479.17 Washington 309.50 Wyoming 465.75 1,099.04 22.00 5.433.66 447.27 624.38 North Carolina 94.79 382.48 128.65 United States .47.149.87 |