Atchison, ’89 $11,157,770 $7,256,054 34.9 Atchison, ’92 7,189,199 9,423,160 31.0 E. Tenn. ’86 1,742,495 1,167,000 33.0 Erie, ’75 4,697,802 5,215,146 11.0 Reading, ’80 7,734,031 11,535,078 49.1 Reading, ’83 8,235,047 7,581,032 7.9 Rk. I. ’80 1,508,989 1,271,836 16.3 ----------- ----------- ---- --- $43,276,372 $43,449,306 .53 _One Reorganization, 1902_ Rk. I. ’02 $4,780,649 $10,485,882 119.3[710] From these tables, it appears that each of the reorganizations from 1893–8 occasioned an absolute reduction in fixed charges which varied from 5.92 per cent in the case of the Erie to 51.04 per cent in that of the Northern Pacific. On the other hand the reductions in the earlier reorganizations were more irregular and were exceeded by the increases.[711] Absolute figures, however, reveal little. Charges may be reduced and the road be worse off than before because of more than proportional reductions in mileage or in earnings. The preceding table must therefore be supplemented by one showing the changes in charges per mile of road and changes in the relations of charges to earnings. FIXED CHARGES _Seven Reorganizations, 1893–8_ _Charges per mile_ _Per cent of charges to net income_ _Before_ _After_ _Before_ _After_ Atchison $1415 $1001 110.5 80.9 B.& O. 3438 3107 98.2 86.3 Erie 4116 3824 114.7 95.8 N. Pac. 2630 1494 106.8 50.2 Reading 9856 6611 111.3 82.1 Southern 1553 955 105.1 81.5 U. Pac. 4381 1859 105.7 40.6 _Seven Reorganizations before 1893_ Atchison, ’89 $1603 $1064 Atchison, ’92 1079 1415 85.8 110.5 E. Tenn. ’86 1578 1083 134.3 79.5 Erie, ’75 4984 5619 93.9 91.1 Reading, ’80 9138 7287 98.1 83.0 Reading, ’83 8760 7185 78.3 77.0 Rk. I., ’80 1200 952 13.2 10.2 _One Reorganization, 1902_ Rk. I. ’02 1231 1448 39.8 59.0[712] A summary of the preceding tables is as follows: KEY: _A_: _Absolute Charges_ _I_: _Charges to Income_ _M_: _Charges per mile_ FIXED CHARGES BEFORE AND AFTER REORGANIZATION _Seven Reorganizations, 1893–8_