Express Expense.
Rental value of space in station buildings used for express, for which no rent is paid$488.68Rental value of tracks used for advance loading of express191.11Value of 42,298 miles of free transportation to Express Company officials and employees at two cents per mile.885.96$1,565.75
In addition to the foregoing, the agents and employees of the railroad company in the month of November rendered service at stations in handling express and in other ways for the Express Company to the amount of $10,274, but the Express Company paid to the same persons $14,538 in commissions.
The Express Company also shared in the salaries paid to certain baggage men and other joint train employees in November to the amount of $7,480, in addition to the payment of commissions, as aforesaid.
All the items of expense to the railroad company on account of the express in the way of space furnished and free transportation to employees, and services of station agents, amount to $11,840, while the cash payments by the Express Company to the railroad Company indirectly, through payments in commissions to station agents and the salaries of baggage men amounts to $22,018, a pecuniary gain or income from express of $10,178 per month, or at the rate of $124,136 annually, compared with a large outgo annually on account of the mails as shown in the foregoing items.
Exhibit C.
[Form 2603.]
Revenues and Expenses and Train and Car Mileage.
Revenues.
Receipts in November from all passenger traffic (not including Mail and Express)$1,859,839Receipts from Express187,825Receipts from Mails194,435Total$2,242,099
Expenses.
Total Operating Expenses of the road for November$5,452,830Passenger Operating Expenses, and one-twelfth of the taxes and one-twelfth of the interest on the funded debt$2,365,521
The passenger operating expenses are distributed as follows:
Assignable Expenses.
Transportation Expense$454,208Fuel passenger engines$132,709Salaries passenger engineers100,511Salaries passenger trainmen87,557Train supplies, etc.55,664Injuries to persons19,904Station employees17,160Joint yards and terminals15,610Miscellaneous25,093Maintenance of Equipment$107,626Repairs, passenger cars$67,650Depreciation, passenger cars39,639Miscellaneous337Traffic Expense$48,971Advertising$17,249Outside agencies16,673Superintendence10,272Miscellaneous4,777Maintenance of Way, etc.$12,970Buildings and grounds$7,053Joint tracks, etc.4,440Miscellaneous1,477General Expense$13,580Salaries, clerks, etc.$8,994Insurance2,478Legal expense1,153Miscellaneous955Total$637,355
Proportion of Non-Assignable Expenses.
Operating Expenses$1,278,016Taxes and Interest450,150$1,728,166Total$2,365,521
Exhibit A shows that the entire space in all cars run on passenger trains on the Burlington in November was divided as follows:
Passengers occupied80.8 % of the space.Mail11.75% of the space.Express7.45% of the space.
If each of these three classes of traffic had contributed earnings and paid expenses in proportion to the space occupied by it, the result in comparative profit or loss to the company would have been as follows:
Comparative Profit and Loss.
Earnings.Expenses.Profit.Loss.Passengers$1,859,839$1,911,341$51,502Mail194,435277,94983,514Express187,825176,231$11,594$2,242,099$2,365,521
If the Government had paid to the Burlington Company for carrying the mails 11.75% of the actual cost of doing the work, and a proportion of the taxes and interest on the funded debt, it would, for November, have paid $83,514 more than was paid, indicating that for the year the Government is paying $1,002,168 less than the actual fair cost of the service it is receiving.
Exhibit D.
[Form 2605.]
Statement of Mail Cars and Apartment Cars.
Postal Cars.
Kind of CarNumber OwnedOriginal Average CostPresent Average Value60 feet or more in length49$5,176.00$4,669.8450 to 59 feet in length104,116.002,595.70Less than 50 feet in length172,555.002,094.41Total76$4,451.00$3,820.84
Apartment Cars.
Kind of CarNumber OwnedOriginal Average CostPresent Average ValueCars with mail apartments 30 feet or more in length27$3,888.00$2,112.78Cars with mail apartments 25 to 29 feet in length213,660.002,004.95Cars with mail apartments 20 to 24 feet in length223,292.001,810.50Cars with mail apartments less than 20 feet in length313,106.001,729.35Total104$3,460.00$1,901.71