Selected income and balance-sheet items of class I steam railways in the United States - 1936

MISSING IMAGE

Material Information

Title:
Selected income and balance-sheet items of class I steam railways in the United States - 1936
Series Title:
Statement ;
Physical Description:
v. : ; 28 x 42 cm.
Language:
English
Creator:
United States -- Interstate Commerce Commission. -- Bureau of Statistics
United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics
Publisher:
U.S. G.P.O.
Place of Publication:
Washington, D.C
Creation Date:
1936
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Railroads -- Periodicals -- United States   ( lcsh )
Income -- Periodicals -- United States   ( lcsh )
Genre:
serial   ( sobekcm )
federal government publication   ( marcgt )
periodical   ( marcgt )

Notes

Statement of Responsibility:
Interstate Commerce Commission, Bureau of Statistics.
Dates or Sequential Designation:
-Nov. 1956.
Issuing Body:
Vols. for <Jan. 1932>-Apr. 1942 issued by the Bureau of Statistics, U.S. Interstate Commerce Commission; May 1942- issued by the Bureau of Transport Economics and Statistics, U.S. Interstate Commerce Commission.
General Note:
"Compiled from ... reports (Form IBS) representing ... steam railways, including ... switching and terminal companies" (varies).
General Note:
Issues for Feb. 1938- "Switching and terminal companies not included."
General Note:
Description based on: Jan. 1932; title from caption.
Citation/Reference:
Picklist IC1ste34A

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 18021077
lccn - sn 88028523
Classification:
lcc - HE2713 .Un321
ddc - 385.13 fU567s
System ID:
AA00000587:00004

Related Items

Succeeded by:
Selected income and balance-sheet items of class I railroads in the United States

Full Text


1c lte.34:e36


UNIVERSITY OF FLORIDA .,, .'..
II11IIIIIIIIIII I II IIIIIIII I
3 1262 08851 0788 IN RSTAT C COMM



SELECTED INCOME AND BALANCE-SHEET RB W. &AI J i~ TMAM RAILWAYS IN THE UvD STATES

Compiled from 158 nsptrs-I m fprInih 144 -" m raibway


TOTALS FOR THE U CITED STATES (ALL REGIONS)


MILLIONS
60i


NET INCOME
OF DOLLARS
I I II I' T1 II II


20


20 - -- -I -I II-


4 0 i I I I I II I I I I I. I I II I 1_ 1 1


1934


1935


1936


Selected Asset Items


135 Investments in stocks, bonds, etc., other than those
of affiliated companies (Total, Account 707) .....
14. Cash ............................................
15. Demand loans and deposits I.........................
16.Time drafts and deposits ...........................
17. Special deposits .................................
18. Loans and bills receivable ........................
19. Traffic and car-service balances receivable ........
20. Net balance receivable from agents and conductors ..
21. Miscellaneous accounts receivable .................
22. Materials and supplies .............................
. Interest and dividends receivable .................
Rents receivable ..................................
25. Other current assets ...............................
26. Total current assets (items 14 to 25) ........


For the month of


1936.


035,5$4, 1
9,9O3,858
43,575,553
1,571,152
42,004,401
10,915,831
41,511,931
221,100
52,648,862
d 10.644.L61
1,029,832
d 11,674,295
16,046,450
1,731,491

11,830,073
2,74:6,045


Balance at end


1936


$689,420,014


461,414,987
4,189,754
28,331,053
72,716,501
2,717,44
61,676,678.
46,931,628
137,654,406
287,935,172
27,634,311
2,155,100
5,691,866


1,139,048,879


February ,


i ,. .


*1935


Income Items


For the two


1956


I 1.. A


$26,296.,I0O
11,556 ~,
37,832,751
1,575,535
36,257, 19
10,914,|?8
41,939,45
218, L95
56,072,583
d 16.815.3P19.
d 17.829. 1
16,189,66
1,338,4

13,647,9
2,853 a8


of Februa


'935


I-,.


1. Net railway operating income ............,........
2. Other income .......... ............... ..........
3. Total Income .............:........ ..........
4. Miscellaneous deductions from income ..............
. Income available for fixed charges .............
6Fixed charges:
6-01. Rent for leased roads ....................
6-02. Interest deductions ......................
6-03. Other deductions ........................
6-. Total fixed charges ..................
7: Income after fixed charges ......................
Contingent charges ..............................
9. Net income ............ ...................
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ..............................
12. Dividend appropriations
'12-01. On common stock ........................
12-02. On preferred stock .......................


Selected Liability Items


$69,459,L6
21,067,566
91,226,833
3,088,267
88,138,566
21,962,299
83,299,307
435,481
105, 69,087
d 17.558.521
2,029,664
d 19.588.185
32,168,032
3,336,678


14,?79,402
3,607,592


months of


1935


$48,2 6,649
23,8o0,216
72,116,867
2,915,427
69,201,440
21,896,251
84,035,525
436,728
106,368,5o4
d 57.167.o64
2,014,664
d 39,181.728
352,543,635
2,607,891

16,634,937
53,295,850


Balance at end ofFebruary


1956


.9 .4- I


$793 ,46351


I I II


325,7155
12,560,
2,702
68,163
54,658;


44,0346
l44,3359

2,75
10,697w


[71
118


25

2
61


27. Funded debt maturing within 6 months* .........


28.
29.

30.

35.



39.


Loans and bills payable# .........................
Traffic and car-service balances payable ..........
Audited accounts and wages payable ...............
Miscellaneous accounts payable ...................
,Interet matured unpaid .......................
Dividends matured unpaid ..........................
Funded debt matured-unpaid ........................
Unmatpred dividends declared ...................
Unmatured interest accrued ........................
UnJatured rents accrued ........................
Otheii current liabilities .........................
Total current liabilities (items 28 to 38) ...


1935


$239,626,456 I"


310,202,570 38,740,544
76,107,3690 69,938,515
221,345,380 26,998,31
72,779, 620 ,26,68
435,78 r401 322,'01,962
17,52 ,398 4,60,568
395,9I9,903 279,616,0b4
17,296,0335 17.,296,056
10o8,54,749 108,770,809
32,511,727 32,424,209
21,513,672 23,335,028


1,707,181,843


q 4 4 -


lO145,23.7


40. Tihx lablity (Account 771):
40-01. U. S. Government taxes ..............
40-02. Other than U. S. Government taxes .......


42,011,071
128,479,676


1,468,058,711


3,9417,777
128,919,410


ANALYST OF NET INCOME g/

Month of February 1936 Month of February 1935 For the two mo tas of 193 6 For the two months of 1955
Railways reporting Railways reporting Railways reporting Railways repartin Railways reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deflOat a n et icm a net deficit a net income a net deficit
Number Number Number Number e Number Number Number
of Amount of Amount of Amount of hsount of Amount o Amount of Amount of Amount
reports reports reports rep reports reports reports

54 $12,224,663 81 $23,898,956 37 $8,355,581 98 $26,18,432 51 $23,384,502 84 $42,972,687 41 $15,335,149 94 $54,514,877

$ The net income as reported includes charges of $1,456,183 for February 1936 and $2,943,953 for the two months of 1936 on account of accruals for excise taxes levied under the Social
Security Act of 1935; also $179,889 for February 1936 under the requirements of ab Act approved August 29, 1935 levying an excise tax upon carriers and an income tax upon their
employees, and for other purposes. (Public No.. 400, 74th Congress). The net incoBe fdr February 1935 includes charges of $1,931,214 and for the two months of 1935 of $4,103,322
because of liability under the Railroad Retirement Act of 1934.
Includes payments which will become due on account of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within six months after close of month
of report.
# Includes obligations which mature not more than 2 years after date of issue.
a/ Excludes roads reporting neither a net 'income nor a net deficit.
d Deficit or other reverse items.


Subject to revision


I I


I I


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Ir-


i i i i i


..,_.;. ~i~ : -- i ;: .-


StatenRat No. M-125
FEBRUARY, 19S


I I


$s254038,165


r-





















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000..


Net Income after depreciation Net 1ioame before depreciation"

Name of railway For the two months of For the ,two months of

1936 1935 1936 1935

Alton R. RP. ......................... ... d 241,961 d 299,661 .52 d 2L 8
Atchison, Topeka & Santa Fe Ry. System d/ ......... 1,3575776 d 2.2569 521195 2
Atlantic Coast Line R. R. ............**...****... ,202 5,56 1,10 ,
Baltimore & Ohio R R. R........................... ... 2 d 956775 72 2
Boston & Maine R. R ............................... 778,115 d 502,161 d 5 62 d 2
Central of Georgia Ry? .... ....................... d 57182 d 548,955 d
Central R. R. of New Jersey ......d................. d 51.55 492,10 ,23 ,81
Chesapeake & Ohio Ry. ....................... 6,901 726 4, 10, 045 8. 5,1 ;21 5,4,
Chicago & Eastern Illinoi Ryf J.........,..... ,...... d 16,51 d 256691 d d d 15 10
Chicago & North Western RyI.*...*.....*....... ..... d 3,94209 d 2,559,801 o 2 ,5767 d 1.700,920
Chicago, Burlington & Quincy R. R. ....21786 d 1,01,5 1,87,500 d 171,16
Chicago Great Western R. RJ*...................... d 16,705 d 525952 d 6 729 d 48,566
Chicago, Milwaukee, :St. Paul & Pacific R. R*~*..... d, 5,561278 d h ,055 d 2.6 973d 1153595
Chicago, Rook Island & Pacific Ryd............... d ,220,1 d 2 59. 2 8,988
Chicago, St. Paul, Minneapolis & Omaha Ry. ........ d 686, 08 d 528,943 d _580 d 4231 .5
Delarare & Budson R R. ,... d.. ................. d 117.488 d .602,5 79 d ,676
Delaparz', L4ack a eu &Western i ............ 18 8,02 d '*513,77D 25-,087 d 6 86
Denerr & Rio Grande Western R. R: ............... '659,00 d 719.728 d b4r068 120-
lgin, Joliet & Eastern Ry. ..................... -.to,481 288,3PH 3, 087 364
se R. R. (including Chicago &'-rie R. R.) ....... d 1140,02 d k 779 511,122 259,0
Grand Trunk Western R. R. ...................... 115,1 d 191, 289,221 d 15095
Great Northern Ry. d ......26 d....02............ 2 71 02 020 d 2,817,5
Illinois Central R. R. ............................ d -12 62 d 6 69598 8,177
Lehigh Valley R. R ................................. d 1,954 d 155 99 15 07 27,3
Long Island R.. ..............,,....... d', 1,757 d 16,80 d 519,0o
Louisville & Nashville R. R. .. ................... 1,01,355 92,10 i 96 1,079 6
Minneapolis, St. Paul & Sault Ste. Marie By. ...... d 1, 96,59 d 1:05,06- d 1,191,95 d 1,220,&65
Missouri-Kansas-Texas Lines ....................... d d 1196551 d 12 027 d 977Z I1
Missouri Pacific R. R*............................. d 1 81 d 3,110,781 d 1 81 01
New York Central R. R. / *................. d g,11 d :1,904,95 5- 0 S6 3
New York, Chicago & St. Louis R. R .............. 254,233 d 15,638 12,804 258,25
New York, New Haven & Iartford R. RJ*............. d 1065.792 d 1,002,516 d 95- d 1
Norfolk & Western Ry. ............................. 4,72,58 2,557,820 5,518,32 1
Northern Pacific Ry. ........ .................. 2.848 d 2,710,265 d 1,970.285 d 21 5.98
Pennsylvania R. R. ................. ........... 2,212,754 1,999,297 5,676,098 5,585,118
Pere Marquette Ry. .......*..,................. 199,659 245,555 624,15 674,771
Pittsburgh & Lake Erie R. R. ........................4 125 0,037 77 7 ,516
Reading Co. ..................1,02, ,025 1,51,1 6,15
St. Louis-San Francisco RyP..**..:.....:.....: d 1J.657 d2,201,878 d 90791 1 2,
St. Louis Southwestern Lines **......... d 161,00 d -12180 d -d 17,
Seaboard Air Line Ry** .*.............. ..-.... d 1.61 12 d 1 076 120 01 118
Southern Ry ..... ...d.....d... ............... d 8d 1,014,28 157 93.4,90
Southern Pacific Transportation System a/ .......... 1,-5270 d 2',99,736 d 655.93 d ,
Texas & Pacific RBy. **..* ,..... ,92 d 15 293,991 ,379
Union Pacific R. R. .............................. d_ 56951 d 290,.122 999,26 787,890
Wabash By y ..........*.... d 413,619 a 678,418 da : ;578 a
Yaoo & Mississippi Valley R. R .................. d 260,517 d 615, ,

Report of receiver or receivers.
** Report of trustee or trustees.
/ Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
SIncludes Boston & Albany, lessor to New York Central R. R.
/ Includes Southern Pactfic Company and Texas & New Orleans R. R. The operation of all, separately operated
solel control affiliated companies, resulted in a net deficit of $709,085 for' two amothraof 1936 and
$694,495 for two months of 1935. These figures are not reflected iA this statement.
d Deficit. .


65676-0 U.S. OVRNlEUTINTlNG OFFICE:1935
',*


.


*f *





3
IC lste.34:r3)(o
Subject to reviion


31 88510614 INTERSTATE CO MMCE COMMISSION
BUREAU OF ST TISTICS


Statement No. M-125
MARCH, 1936


SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLS I STEAM RAILWAYS IN THE UNITED STATES

Compiled from 138 reports (Form IBS) parenting 144 steam railways

TOTALS FOR THE UNITED STATES (ALL REGIONS)
--------,-------.-------------------;__________________


MILLIONS OF
60


NET INCOME
DOLLARS


I I I I I t IJ I I I I I I I I I L I I I I


1934


1335


1336


Selected Asset Items


135 Investments in stocks, bonds, etc., other than those
of affiliated companies (Total, Account 707) .....
1-. Cash ..............................................
15. Demand loans and deposits .........................
16. Time drafts and deposits..........................
17 Special deposits ..................................
l1. Loans and bills receivable.........................
19. Traffic and car-service balances receivable ........
20. Net balance receivable from agents and conductors ..
21. Miscellaneous accounts receivable ..................
22. Materials and supplies ............................
23. Interest and dividends receivable ......... ....
Rents receivable ...................................
25. Other current assets ...............................
26. Total current assets (items 14 to 25) .........


For the month of Marh


1956


$35,205,513
11,927.0143
147,132.556
1,479. 190
45,653.066
11,168,789
41,580,092
220,816
52,969,697
999.831
a 8.316.462
16,222,679
1,587,227

1.317625
419.325


Balance at


1936


1935


.1 I-I


$38,1.9,873
13.563,4TT77
51.693,350
1,391,991
50,301,359
11,048,l203
42,196,074
218,917
53.463.19
999.031
d 4.161.666
16,346,001
1.345,023

4,006,510


end of March


1935


ia. r 19


*694,720,545 | *775.915.597


445.8ao62
,691,223

2,,3110
61,062,91
145,6281,267
140,192,364
294,315,208
242882,836
2,29,096
5,780,101


1.197,817,621


338,416,968
10,692,042
110,800.230
76,932,49S
5,004,715
57,10,956
43,418,563
143987,070
307,439,159
37.588,588
2,976,386
10,705,865


Income Items


Net railway operating income ......................
Other income ......................................
5. Total income ................................
Miscellaneous deductions from income ..............
Income available for fixed charges .............
Fixed charges:
6-01. Rent for leased roads .....................
6-02. Interest deductions .....................
6-03. Other deductions .........................
6-:0. Total fixed charges ...................
Income after fixed charges ....." ...............
Contingent charges ................................
9. Net income .......... .............
.1. Depreciation (Way and structures and Equipment) ...
.Federal income taxes ..............................
Li. Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock .......................


Selected Liability Items


21. Funded debt maturing within 6 months* .............


Loans and bills payable# ..........................
Traffic and car-service balances payable ..........
Audited accounts and wages payable ...............
Miscellaneous accounts payable .......... .....
Interest matured unpaid ...........................
Dividends matured unpaid ......................
Funded debt matured unpaid ........................
Unmatured dividends declared .....................
Unmatured interest accrued .......................
Unmatured rents accrued ..........................
Other current liabilities .........................
Total current liabilities (items 28 to 38) ..


I.-


For the three months of

1936 193
104.564,978 $96366,523
33,794,09 37.442.334
136,359.387 123,.88,857
4,567,755 4,307,399
133,791,632 119,501,458
3ol49,576 32.959,838
1, 79,399 126, 31616
,296 55,
156,6g5,271 1. 9
3,029, 3,01 5
27,92. a 43.3I9.976
48,N0,712 48,89,376
4,9W,331 4,013,02g

15.597.027 20,641,477
4,026,917 3,295,850


Balance at
1936


309,56,610 318 665
74,49,230 70,49,529
27.,9251 207.875.993
456,Da2,38 3 ,0,
134,,U119 6,086,
1,9,67 282,942,813
1,542,032 1,122,886
105,5a8,783 105,756,285
31,17,6,0 30.496, 75
26,650,698 26,908,513


end of March
1935


1,733.884,582


1.197,41n.742


33,788,261
136,771.483


ANALYSIS OF NET INCOME a/

Month of March 1936 Month of March 1935 For the tree months of 1936 For the three months of 193
Railways reporting Railways reporting Railways reporting Railways reporting always reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deficit a amt income a net deficit a net income a net deficit
Number Nmber NNmbNumbe r aer Number Number Number
of Amount of Amount of Amount of Amount Amount of Amount of Amount of Amount
reports reports reports rts reportreports reports

61 $11,s,781 7 4 *20.2052r43 49 $14.130.578 .86 $186.92.244 53 $34377,786 s2 $62,300.920 1 *2,154,1to 94 t71,514,076

I 2e met l om as reported Inaludes charges of $1,152,072 for March 1936 and l.296.025 for the three months of 1 an e ount of moonrals for excse taaes levied ader the Social Security hot ef 1935; also 4,012,619
for Mch 1936 aA $4,192,631 for the three months of 1936 under the requirements of an Aot approved Aest 29, 935 lewlg an exoise tax pn carries a an a em tax pon their epleras, and for other puposes.
(Puhble Xo. 400. 74th 0oagress). the net nacoe for March 1935 includes charges of $2,090.372 ad for the there aths of 1935 of $6,193,4 buase of liability under the alroad Retirement Act of 19314
SInoludes payments whih will become de on account of principal of long-tern debt (other tan that in Acount 764 Aded debt ate red unpai) within six months after close of month of report.
# Iaeludes obligations which atore not more than 2 years after date of issue.
J/ holudee roads reporting neither a net income nor a net deficit.
j Deficit or other reverse items.


__________ _


1,075.773,040


40. Tax liability (Account 771):
40-01. U. S. Government taxes ...........
S 40-02. Other than U. S. Government taxes ..


44,917,704
134,030,780


I I IFI I II


F U


~~~T ~~- --~-


. ,


z -i-


Y%


I I I I I I I I I I '


$327,992.282


$236.M8.76


















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS


NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the three months of For the three months of

1936 1935 196 19355

Alton R. R. ................................. d 41969 d 413.232 d 338,037 d 332112
Atchison, Topeka & Santa Fe Ry. System a/ ......... d 1.357.059 d 2.286.291 1,478,314 638,442
Atlantic Coast Line R. R. ...................... 1,92,008 979,760 1,930,112 1,54,1
Baltimore & Ohio R. R. ......................... d 2.,20.430 d 621.708 d 767,687 1,116,164
Boston & Maine R. R. ............... .......... d 1,910,079 d 534.663 d 1,498,999 d 132,947
Central of Georgia Ry? .......................... d 68854 77.011 d 495.964182
Central R. R. of New Jersey ........... ..... 15 664,1 d 4-246,51
Chesapeake & Ohio Ry. ..... .................. 9,271,285 7,102,271 11,383,374 9,152,017
Chicago & Eastern Illinois RyN9 ................... d 249.095 d 221.471 d 99,423 d 66,750
Chicago & North Western RyP.*...................... d 4.753114 d 3,5067 d 3.498,849 d 2.230.700
Chicago, Burlington & Quincy R. R. ............... 9 2,350 d 118093 2,082,248 80,386
Chicago Great Western R. R.t .....d................. d 099 d d 657.433 d 599.518
Chicago, Milwaukee, St. Paul & Pacific R. R.**t..... d 4.8478 d .b53.8 d 290,726 d 4.044315
Chicago, Rock Island & Pacific Ry. *................ d 4.511.611 d 4,560,869 d 3,42,983 d 3,449.969
Chicago, St. Paul, Minneapolis & Omaha Ry. ........ d 1.t019.386 d 76267 d 869,552 d 604,659
Delaware & Hudson R. R. ........................... d 503.610 d 1,020.617 d 222685 d 773.778
Delaware, Lackawanna & Western R. R. .............. d 5191 d 74578 6, 80 d 292
Denver & Rio Grande Western R. R.* ............... d 1081767 d 1.064.097 d 792,04 d 766
Elgin, Joliet & Eastern Ry. ........................ 312,490 494,980 538,185 17,08
Erie R. R. (including Chicago & Erie R. R.) ....... d 172.167 d 423,262 802,801 610,754
Grand Trunk Western R. R. ......................... 182,950 d 169.434 494,346 9,413
Great Northern Ry. ............................ d 4128889 d 455634 d 3.197,341 d 3.666,121
Illinois Central R. R. ........................... d 616,960 d 89.65 1,038,875 1,214,575
Lehigh Valley R. R ............................. d 692,124 d 639,49 d 115,589 d 40.414
Long Island R. R. ................................... d 502529 d 7 676 d 205.922 d 446,625
Louisville & Nashville R. R. ...................... 1,505,442 701,382 2,551,776 1,756,350
Minneapolis, St. Paul & Sault Ste. Marie Ry. ..... d 191311 d 2.068.598 d 1.606.159 d 17 698
Missouri-Kansas-Texas Lines ..................... ..88558 d 1.539,13 d 564262 d T1211249
Missouri Pacific R. R* ............................ d 3,048,769 d 471907 d 1.996.54 d 3.626.326
New York Central R. R. b/ ........................ d 1041,181 d 89 3,00,36 2475,430
New York, Chicago & St. Louis R. R. ................. 475,122 171,293 862,415 578,824
New York, New Haven & Hartford R. R.* ............. d 2.512.582 d 1.291.802 d1.657.705 d 383,508
Norfolk & Western Ry. ......... .................. 7,460,567 4,568,032 8,5s0,44 5,673,330
Northern Pacific Ry. ...... .................... d 3,026,386 d 3,539,455 d 2.245476 d 2.752,889
Pennsylvania R. R. ............................... 2,092,054 4,389588 7,380,914 9,590,981
Pere Marquette Ry .............................. 481,452 361,386 1,116,958 1,006,581
Pittsburgh & Lake Erie R. R. ...................... 656,164 670,31 1,107,111 1,097,355
Reading Co. ...................................... 1,238,660 909,586 2,039,541 1,664,448
St. Louis-San Francisco Ry.**..................... d 2.61,874 d 3341.004 d 1.453,876 d 2547822
St. Louis Southwestern Lines*t............. .. d 26,261 d 68 92 125,595 88,256
Seaboard Air Line Ry.*.............................. d 1.588.707 d 1.819.194 d 1,118,747 d 1,358,740
Southern Ry. ..................................... d 209,622 d 1124924 602,44 d 420
Southern Pacific Transportation System c/ ....... d 1.862,983 d 3.080.150 108,898 d 1,195,600
Texas & Pacific Ry. ............................. 238,657 d 146521 529,855 154,59
Union Pacific R. R. ............................... 1,221,030 1,889,711 2,807,578 3,508,427
Wabash Ry. .................. ...................... d 549,547 d 815.098 d 1412 d 27.554
Yazoo & Mississippi Valley R. R. ............... ... d 257.312 d 780,952 d 130,499 d 61,357

Report of receiver or receivers.
** Report of trustee or trustees.
a Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
SIncludes Boston & Albany, lessor to New York Centra4 R. R.
:/ Includes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of $1,024,726 for three months of 1936 and
$1,047,929 for three months of 1935. These figures are not reflected in this statement.
d Deficit.
71137-0 U.S. GOVERNMENT PRINTING OFFICE:1936






1C ste. 34: 9 '
Subject to revtion


DC EPT.
mUNIV. OF FL LI.


U.S. DEPONTORY


UNIVERSITY OF FLORIDA

IIIIIIIIIIII l111111 INTERSTATE COM ERCE COMMISSION.

BUREAU OF STATISTICS

SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLASS I STEAM RAILWAYS IN THE UNITED STATES

Compiled fromen 138 reports (Formn IS) representing 144 steam railway


TOTALS FOR THE UNITED STATES (ALL REGIONS)
- -I I


NET INCOME
MILLIONS OF DOLLAR
I I I I I I I I I It iT I I I I Ir I I I I
60
---~I-




20 A -


20 ii i V i Ui i

40


1934


1935


For the month of April


T


1936


$41,547,642
11,790,216
53,337,858
1,731,002
51,606856
11,328,345
41,352,938
218,379
52,899,62
1,002,533
d 2.295.339
16,131,882
1,554,806


785,476
882,585


1935


4 .9


$34,708,721
3,182,312
7.891,033
1,589,364
46,301,669
11,153,198
42,095,773
51, 025
d 8.166.10

16,027,348
1,350,289


3,248,058
570,696


Income Items


1. Net railway operating income ....................
2. Other income ................. ................
3. Total income ................................
4. Miscellaneous deductions from income .............
5: Income available for fixed charges .............
Fixed charges:
6-01. Rent for leased roads ....................
6-02. Interest deductions ......................
6-03. Other deductions .........................
6-04. Total fixed charges ..................
Income after fixed charges ...................
8Contingent charges ................................
9. Net income .................... ............
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ..............................
12. Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock .....................


Statement No. M-125
APRIL, 1936


For the four months of


1936


$146,112,622
191,497:28

6,298,759
185,398, 89
44,477,921
166,232,36
87 ,676
S0.21. 72
3 202.
644,22,8146
6,95,5514


16,382,503
4,909,502


$121, 75,242
50 624, 647
171.699,889
5,896,672
165,803,217
14,113,35
168,327,49
872,
213,313,07

d 51.526.885
64,916,725
5,357,221


23,889,53
3,866,5u


Balance at end of April Balance at end of April
Selected Asset Items 16 19Selected Liability Items19619
_____________________193 6 1935 _________________1936 19355_
13. Investments in stocks, bonds, etc., other than those ,, 27. Funded debt maturing within 6 months* ............. $347,200,625 $187,212,741
of affiliated companies (Total, Account 707) ..... $690.225.716 $767.92.638
28. Loans and bills payable# .......................... 244,85.62o 326 9,
14. Cash ............................................... 445,010,757 33139066 29. Traffic and car-service balances payable .......... 74,068,476 68,344, 27
12. Demand loans and deposits .......................... 5,267,o039 10,5 436 30. Audited accounts and wages payable ................ 235,92,257 21760,8
1. Time drafts and deposits ...................... 31,97,5 395,639 31. Miscellaneous accounts payable .............. .... .9909:2 7252,6
17. Special deposits ................................... 97,6936 84 ,53 2. Interest matured unpaid ........................... 457,715, 34,951,3
18. Loans and bills receivable......................... 2, 2 4,23,574 Dividends matured unpaid ..... ... ....... 2,557,067 4,721,0
19. Traffic and car-service balances receivable ........ 8,97, 7 92 Funded debt matured unpaid ........................ 43,95,75 292 19
20. Net balance receivable from agents and conductors .. 4,01,62 002,65 35 Unmatured dividends declared ..................... 1,414116 1, ,329
21. Miscellaneous accounts receivable ....... .........e.. 146,688,1 5 14,019,65 matured interest accrued .................... 10o,690,473 O,7,97
22. Materials and supplies ............................. 29 9, 305,815,68 Unmatured rents accrued ...................... 3935525,92
2. Interest and dividends receivable .................. 25,8,22 37. Other current liabilities .22,105,270 591
Rents receivable ................................... 2,230, 2,82,1Othercurrentliabilities ..........9,
25. Other current assets ............................... 5,804,58 10,872,573 39. Total current liabilities (items 28 to 38) ... 1,698,170,887 1,503,927,242
26. Total current assets (items 14 to 25) ......... 1,166,528,712 1,069,704,057 40. Tax liability (Account 771):
40-01. U. S. Government taxes .............. 51,984,889 35,613,086
40-02. Other than U. S. Government taxes ........ 130,228,768 132,827,091

ANALYSIS OF ET INCOME a/

Month of April 1936 Month of April 1935 For the four months of 1936 For the four months of 1935
Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Iailways reporting Railways reporting Railways reporting
a net income a net deficit a net Incoms a net deficit a net Inoime, a net deficit a net income a net deficit
Number Number Number Number Numberumber Number
of Amount of Amount of Amount of Amount of Amount of Amount of Amount of Amount
reports reports reports reports reports reports reports

60 $14,896,969 75 $17,192,308 51 $9,336,251 84 $17,503,161 55 $46,743,531 80 *76,962,003 42 $36,055,726 93 187,582,611

i The net income as reported includes charges of $1,417,324 for April 1936 and $5,713,086 for the four months of 1936 on account of accruals for excise taxes levied under the Social
Security Act of 1935; aleo $3,969,185 for April 1936 and $7,986,962 for the four months of 1936 under the requirements of an Act approved August 29, 1935 levying an excise tax
upon carriers and an income tax upon their employees, and for other purposes. (Public No. qOo, 74th Congress). The net income for April 1935 includes credits of $2,050 653 on
account of reversal of charges previously made for liability under the Railroad Retirement Act of 1934, The net income for the four months of 1935 includes charges of ( ,143,141
on aooount of accruals for liability under the Railroad Retirement Act of 1934.
Includes payments which will become due on account of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within six months after close of
month of report.
# Includes obligations which mature not more than 2 years after date of issue.
SExcludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.
SDeficit or other reverse items.


1935


__


I


- '~C'Y


1336


















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation
Name of railway For the four months of For the four months of

1936 1935 1936 1935

Alton R. R. ...................................... a2 61.872 2.52 4 506541
Atchison, Topeka & Santa Fe Ry. System / ........2,925
Atlantic Coast Line R. R......................... 34 6 80796 2,028 922 1,558,927
Baltimore & Ohio R. R. .............. d...... 2.8.610 19447 44,613 320,259
Boston & Maine R. R. ............................... 2472 091 g d 1.924,198 82,916
Central of Georgia Ry ........ ......... .... ... d 8 109 9 601 d 687.115
Central R. R. of New Jersey ....................... l 994 90 999 67.521
Chesapeake & Ohio Ry. ................. .......... 11,50,357280240 149 4*6 1
Chicago & Eastern Illinois Ry........ ........... d 12 68 47 d
Chicago & North Western Ry.**........................ 42
Chicago, Burlington & Quincy R. R. ................. 516 d 162 1, 7 ,7
Chicago Great Western R. R.*4....... ............ a 0092 d 6 o2.
Chicago, Milwaukee, St. Paul & Pacific R. R.*4..... a 2 .544 7 ^7M A2
Chicago, Rock Island & Pacific Ry.*4............. ...
Chicago, St. Paul, Minneapolis & Omaha Ry. ........ d 1,272 029 d l04 0
Delaware & Hudson R. R. ........................... 778.24 11771 406.26 i
Delaware, Lackawanna & Western R. R. ............. d -!22 4-,9 29t
Denver & Rio Grande Western R. R.*4................ a 1.530.157 d 1 5d 1i44Wi d 1 m
Elgin, Joliet & Eastern Ry. ..................... 513,09 113,646 90 22
Erie R. R. (including Chicago & Erie R. R.) ....... d 122770 0977 1,176,781 739,618
Grand Trunk Western R. R. .......................... 38 9,984 181 788,289 175,731
Great Northern Ry. ............................... ... d .61.902 4. d .
Illinois Central R. R. ........................*.... i99, d 65. 29 1,1042 1955
Lehigh Valley R. R. ............................... dd 3 5,599 23,132
Long Island R. R. ................. ........... .. a5 9 92 810 921 d 428.502
Louisville & Nashville R. R. ....................... 1,16559 6, ,01,009 2,2 ,89
Minneapolis, St. Paul & Sault Ste. Marie Ry. ...... d 2- 444.0 2.6096 d 1 0179 a 224
Missouri-Kansas-Texas Lines ................ ..... 1 .011 60
Missouri Pacific R. R.*....................... ..... 44 6 2
New York Central R. R. ./ ..... ................. A 75 55 4,635,8 2,96
New York, Chicago & St. Louis R. R. ............... 807,047 102,11 1,323,166 6i4,868
New York, New Haven & Hartford R. R.*t............. d 3.198 9 1.449 2 497 A 242.492
Norfolk & Western Ry ....... ............. ...... 9, ,3 6267 203,508 776 ,203
Northern Pacific Ry. ..*.... ....*.............. ... d 3.7 148 14.3 106 4 2.701,i d 3.272918
Pennsylvania R. R. ................................ 5,95,751 6,270o 13o80,39 13308,55
Pere Marquette Ry. .. ............... .......... 890,766 441,753 76,450 1,300,896
Pittsburgh & Lake Erie R. R. ..................... 987231 811,841 1,988,624 81, 00
Reading Co. ....................... ........ 1,806,707 1,425,510 2,72,85 2,6,955
St. Louis-San Francisco Ry.*." ...................... d .074 ,O 4 1.997.002 d .2 9.
St. Louis Southwestern Linea* ....................... d 14 8 4924 ,5134,397
Seaboard Air Line Ry.*................................ .. 2.044.717 A 1. .2 14 18 d 1 .0 ,242
Southern Ry. ............... .................... 1 129 A 1 6 894.d 60
Southern Pacific Transportation System / ......... 1 715,1 5 189
Texas & Pacific Ry ......................*..*.......... 292 9680 980 ,0
Union Pacific RR. .............................. 1,218,614 2,372 126 3,33,895 4,536,155
Wabash Ry.*................................ 77 901,670 d 44.314 179.469
Yazoo & Mississippi Valley R. R. ................. d 3 71.03512 217,0 866.00

Report of receiver or receivers.
** Report of trustee or trustees.
a/ Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
/ Includes Boston & Albany, lessor to New York Central R. R.
e/ Includes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of $1,341,404 for four months of 1936 and
$1,382,284 for four months of 1935. These figures are not reflected in this statement.
d Deficit.77825-0 U.S. GOVERNMENT PRINTING OFFICE: 1936


I






SC \ste.-'3&1
Subject to revision



U.. D EOCO



U.s.DEPOsTOmY
r|21


MILLIONS OF
60 zr


UN"'"iITYERsITy OFFLOIDAp

I6208851076 INTERSTATE COMMERCE COMMISSION
BURLU OF TATISTIcs

SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLASS I STEAM RAILWAYS IN THE UNITED STATES


1. Net railway operating income .....................
2. Other income ......................................
3. Total income ...............................
4. Miscellaneous deductions from income ..............
: Income available for fixed charges ..............
Fixed charges:
6-01. Rent for leased roads ....................
6-02. Interest deductions .......... .......
6-0 Other deductions ..........................
6-4. Total fixed charges ..................
Icme after fixed charges ....................
8.Contingent charges .............................
9. Net income 4 .................... .......
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ............................
12. Dividend appropriations:
12-01. On common stock ........................
12-02. On preferred stock ......................


$156,931,6
24, 829,967
7,831,872
236,998,095
55,884,240
2o0~ 647,413
1 09,179
264 621 832
d 27. 62.776
d 2-064..


28,087,655
12.729.411l


I-_W ._-. .._. .._. .._- .. .. . . . ,,--_
Balance at end of May Balance at end of May
Selected Asset Items Selected Liability Items
1936 1935 1936 1935
13- Investments in stocks, bonds, etc., other than those 7. Funded debt tuning within 6 month ............. $277,033,718 $217,005,139
of affiliated companies (Total, Account 707) ..... i 76.962Funded debt matuin within 6 months .............
S a8. Loans and bills payable# ........................... 242 1.2,197 320, 0,268
134. Cash.................................... ........ 47, 902 352,681,9 29. Traffic and car-service balances payable ..........,529 67, 9
1 Demand loans and deposits ........................ ,69 10,8, 0. Audited accounts and wages payable ................ 241,43791 220402
1.Time drafts and deposits ...................... 30,787,29 516,633 1. Miscellaneous accounts payable .................... 87 2,416 62 90,
7 Special deposits .......................... ., ,060 ,27,0 42. Interest matured unpaid .......................... 4 5813,818 33
16. Loans and bills receivable ............................. ,911 ,901,185 33 Dividends matured unpaid ..... .... ... .2,15,525
19. Traffic and car-service balances receivable ........ 59,7891 025;76 : Funded debt matured unpaid ........................ 410,9 291,185,.81l
20. Net balance receivable from agents and conductors .. 89006917. Unmature dividends declared ...................... 19,9 11,97142
21. Miscellaneous accounts receivable .................. 1 6 5 Unmatured interest accrued......... ......... 1....9,9 12, ,58
22. Materials and supplies ............................. 299,881,095 02,399,810 7. Unmatured rents accrued ......................... 1 762 40 909
23. Interest and dividends receivable .... ....... 2o695,2. 1,7,09 8. Other current liabilities ...:.................. 21167,100 18,185,45
Rents receivable............................. ...... 2 11,169 2575.19. 3
25. Other current assets .............................. 6,033,957 4, i,83 J9. Total current liabilities (items 28 to 38) ... 1,749,049,277 1,502,529,011
26. Total current assets (items 14 to 25) ......... 1,157,065,215 1,065,841,069 40. Tax liability (Account 771):
40-01. U. S. Government taxes ................... 59,262,245 37,088,535
40-02. Other.than U. S. Government taxes ....... 14,280,931 138,266,215

ANALYSIS OF NET INCOME
Month of May 1936 Month of May 1935 For the five months of 1956 For the five months of 1935
Railways reporting Railways reporting Railways reporting Railways .repti a Rallways reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deficit a aot nocm a net deficit a net income a net deficit
Number Number Nuber 1Number lumber NumberNuber
of Amount of Amount of Amount of Amount of Amount of Amount of Amount of Amount
reports reports repo arts preportsreports reports
59 $17,077,778 76 $19,497,352 51 $12,0o6,791 84 $16,732,783 54 ,59,628,385 81 $92,286,981 43 *42,882,031 92 $99,076,911

SThe net income as reported includes charges of $1,454,945'or May 1936 and $7,148,016 for the fivi months of 1936 on account of aooruals for excise taxes levied under the Social
Security Aot of 1935; also *4,080,835 for May 1936 and $12,068,063 for the five month of 936 4nder the requirements of an Act approved August 29, 1935 levying an excise tax
upon carriers and an inooe tax upon their employees and for other purposes. (Pubtliofto. 4QO 7.4th Congress). The net inoome for May 1935 includes credits of $8,622,514,
and for the five months of 1935 credits of *4,429,82f, on aooount of reversal of charge pet sly* made for liability under the Railroad Retirement Act of 1934.
Inoludes payments which will become due on aooount of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within six months after close of
month of report.
# Includes obligations which mature not more than 2 years after date of itsse.
SExcludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.
SDeficit or other reverse items.


Statement No. M-125
MAY, 1936


Compi frome 138 reports (Foam' IBS) raepting 144 steam railways


TOTALS FOR THE UNITED S-ATES (ALL REGIONS)


NET INCOME
DOLLARS


40





40 I I I I I I I

40 iL I I


1934


1935


1936


T I.: Y


For the month of iay


1936


*41,8142,148
$41, 2, 149,
11,311,118
53,153,266
1,533,112
51,20,15 4
1,1406,319
11,1415,076
218,502
a sf*g97,


16,171,620
2,295,116


11,705,152
7,819,909


1935


1,390,340
49,862,025
11,303,366
42,010,195
216 626
53, 186

d 4.9
16,310,93
1,273,506


13,677,7 .
3.559.M1


Income Items


For the five


-4''I I


months of


$160,673,753
62,278,500
222,952,53
7,287,014
215,665, 239
55,416,404
210,337,672
1,089,184
266, 843 260

d 5S6.194.802
81,227,662
6,636,863


37,567,286
7. &5.482


I I I II I I I I


:1


F~r ....'.. 1.. .~ ... .


I


-r


i m i i


I I


-L


--*(1-~ -ri-.a;lu*... i~.-...~.., ~..., ~~ _


1936


1935



















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the five months of For the five months of

1936 1935 1936 1935

Alton R. R. ....................................... 749.468 1.020 608279 888 404
Atchison, Topeka & Santa Fe Ry. System a/ ......... d 2815911425 997
Atlantic Coast Line R. R. ...................... 828 38 19,2 1,719,60 1,135,764
Baltimore & Ohio R. R. ....................... 2182 d 2.70,1 895,299 321861
Boston & Maine R. R. ............................ 2333,408 d 2,014.175 344:506
Central of Georgia Ry.* ........................... 113.2 d 1201,20 d 782,108 d 865.207
Central R. R. of New Jersey ...................... d 1 46 d 6126,431
Chesapeake & Ohio Ry. ................... ...... 15,01,910 10,214 18,5 13,615,239
Chicago & Eastern Illinois Ry.*............ d 523.958 ~7664P409
Chicago & North Western Ry..... ............ d 8.,B6 812 d 3293,6
Chicago, Burlington & Quincy R. R. ............... d 499. 81 2. 1,13,7 162
Chicago Great Western R RR. .................. ... 6 d 60 4
Chicago, Milwaukee, St. Paul & Pacific R. R...... 47464 d
Chicago, Rock Island & Pacific Ry.*t.............. d d 59 d
Chicago, St. Paul, Minneapolis & Omaha Ry. ......... d 122
Delaware & Hudson R. R. ......................... d 768,939 d 953.86395 d 54 697
Delaware, Lackawanna & Western R. R. ............... d 4103,31
Denver & Rio Grande Western R. R.** ................ d 2.179.592 d 1.983L d 1.697.71 1 486
Elgin, Joliet & Eastern Ry. ...................... 61O2 831,418 986 121,8
Erie R. R. (including Chicago & Erie R. R.) ....... d 28171 7 906 1,595,32 959,862
Grand Trunk Western R. R. ......................... 761,665 -d' 14.61 1,,49,962 0 ,057
Great Northern Ry. ............... ............ d 3 .112 d .910.054 d 1 97185 2. 4
Illinois Central R. R ...................... .... 1 442 290 1,66,8
Lehigh Valley R. R. ................60...........,091 ,
Long Island R. R ................... ........ d 543 .053 d 891166 d 57,97f d '99,
Louisville & Nashville R. R. ..................... 2,592,121 1,075,535 4,335,266 2,864,719
Minneapolis, St. Paul & Sault Ste. Marie Ry. ..... d 2> 83 d 300666 d 2.27.032 d 2 0
Missouri-Kansas-Texas Lines ...................... 1d 1 2d 7393
Missouri Pacific R. R.*...................... .. A 4
New York Central R. R. b'/ ......................... d 68862 d 34318 607194
New York, Chicago & St. Louis R. R. ............... 970,017 1,521 1,614,63 679,252
New York, New Haven & Hartford R. R.*t............. d 3.13.916 d 1 88 2789 d 72,18
Norfolk & Western Ry. .................. ... 12,21, 89, ,55,O.s916 9631,3
Northern Pacific Ry ..... ......... ....... .. d 4615 072 d 5.370406 d 3,311252 d 403.980
Pennsylvania R. R. ................................ 8,958,817,761,272 17,950,125 16,665,528
Pere Marquette Ry ..... ................ ...... 1,102,205 383,187 2,158,073 1, 56,272
Pittsburgh & Lake Erie R. R. ..................... 1,40.8998 1,0,062,466 2,16,937 1,774,284
Reading Co. ...................................... 2,429,263 1,85,063 3,760,18 3,098,779
St. Louis-San Francisco Ry.*...... .............. 83.7.8672 d 2.07,564 d 3.89.072
St. Louis Southwestern Lines*.................... 1 4 d 19 .1 ,524 6 ,658
Seaboard Air Line Ry.* ........................... 26479 1 2335.44 d 1.964.939 d 1566 682
Southern Ry. ....................................1d... d1, 56
Texas & Pacific Ry. ................. .....,..... 96:6 54 43
Union Pacific R. R ............................... 1,10,137 2,343,647 3,6 18 5,05,645
Wabash Ry? ...................................... d 1.00879 d 996.691 d 114.39 d 93866
Yazoo & Mississippi Valley R. R. ................... d l 1.224.261 d 21.422 d 1.01 4211

Report of receiver or receivers.
** Report of trustee or trustees.
/ Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
/ Includes Boston & Albany, lessor to New York Central R. R.
/ Includes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of P,690,121 for five months of 1936 and
e1,675,628 for five months of 1935. These figures are not reflected in this statement.
d65- DeUic. tERN.Mr oF: t
8586-O U. S.60 4 UCmII N iM ai m=.lose:







IC ste.34 Subject to revision
i ste 8:3 4 .


UNIVERSITY OF FLORIDA
IIIIIII IIIIIIIIIIIIlI II INTERSTATE COMMERCE COMMISSION
3 1262 08851 0457
BUREAU OF STATISTICS

SELECTED INCOME AND BALANCE-SHEET ITEMS OF A I STEAM RAILWAYS IN THE UNITED STATES

Compiled from 138 reports (Form I representing 144 steam railways


Statement No. M-125
JUNE, 1936


TOTALS FOR THE UNITED STATES (ALL REGIONS)
---------- !------------------------I----


13. Investments in stocks, bonds, etc., other than those
of affiliated companies (Total, Account 707) .....
34. Cash .............................. .................
15. Demand loans and deposits .........................
17. Special deposits ...................................
1. Loans and bills receivable .........................
19. Traffic and car-service balances receivable ........
20. Net balance receivable from agents and conductors ..
21. Miscellaneous accounts receivable..................
22. Materials and supplies .............................
25. Interest and dividends receivable ................
. Rents receivable ..................................
25. Other current assets ...............................
26. Total current assets (items 14 to 25) .........


For the month of June


1936


$50,312,58
14 ,15,582
64,928,162
1,792,467
63,135,695
11,168,386
41,839, 11
22 07
9,902 291
999, 32
8,902,459
16,085,104
2,838,533

9,408,940
473.500


1935


$738,204,562


379,874,552
11,200, 32
24, 15

56:4 9 62
44,760,595
137 820,94
3O ,925,70
33,338,659
2,243,177
4,502,775


Income Items


27. Funded debt maturing within 6 months* .............


28.
29.
30.
31.
32.


R3:
35.

39.


Loans and bills payable# .........................
Traffic and oar-service balances payable ..........
Audited accounts and wages payable ................
Miscellaneous accounts payable ....................
Interest matured unpaid ...........................
Dividends matured unpaid .........................
Funded debt matured unpaid ........................
Unmatured dividends declared ...................
Unmatured interest accrued .........................
Unmatured rents accrued ..........................
Other current liabilities ........................
Total current liabilities (items 28 to 38) ...


t t 1


1,078,337,740


40. Tax liability (Account 771):
40-01. U. S. Government taxes ...............
40-02. Other than U. S. Government taxes ...


For the


1936


1 ____ 1 1 1


$34,102,698
16,200,902
50,303,690
1,54?,622
48,754,;08
11,177,718


16,301,419
1,298,704

9,118,053
281,420


1. Net railway operating income .....................
2. Other income ......................................
3. Total income ................................
4. Miscellaneous deductions from income ...............
S Income available for fixed charges ............
6. Fixed charge:
6-01. Rent for leased roads ............. ..
6-02. Interest deductions .......................
6-03. Other deductions .........................
6-4. Total fixed charges .................
7. Income after fixed charges ...........
.Contingent charges...............................
9. Net income ................................
10. Depreciation (Way and structures and Equipment) ..
11. Federal income taxes .............................
12. Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock .......................


$238,243,936
71,51.,195
309,7 58,11
9,624,338
300,133,793
67,052,625
24,486725

d M. W3


96,779,537
11,506,782

J7,496,595
3,202,911


- I i


Balance at end of June
I


1936


$687,858,373


417,822,431
,801,15
128,64,160
2,7 9
61,3 49852
50875,453
12 15:60,0
297,5 7,8 2
27,247,270
2,308,553
6,351.289


1,173,187,097


1935


Selected Liability Items


six months of


1935


,479,
73,255,9%

.8,896,69

66,594,119

25 6051,


97, 59,0}}
7,9 5#92

46,685,dg9
812 ,
'fclRllS


Y:;%i:3


Balance at end of June


1936


$138,929,438


1935


0160,255, 34


244,724,766 342,192,107
so,1,59353 ZS 1, 1
237,59 ,90 2 17
S64R
4 6;834t 381, 10,617
.11,409,201 13,915,655
462,312,209 332,2 1,336
10,763360 10;,9482
92,011,959 92,543,135
25,235,795 23,367,198
25,753,67 23,268,507


1,785,835,415


61,112,360
135,995,580


1,580,515,003


34,800,427
137,487,517


ANALYSIS OF NET INCOME a/

Month of June 1936 Month of June 1935 For the six months of 1936 For the six months of 1935
Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deficit a net income a net deficit a net income a net deficit
Number Number Number Number Number Numberber Number
of Amount of Amount of Amount of Amount of Amount of Amount of Amount of Amount
reports reports reports reports reports reports reports reports

64 $24,244,043 71 $15,341,584 60 $17,598,452 75 $22,952,464 57 $75,084,521 78 $98,840,655 48 $56,490,515 87 $118,039,404

0 The net income as reported includep charges of $1 472,056 for June 1936 and $8,620,018 for the six months of 1936 on account of accruals for excise taxes levied under the Social
Security Act of 1935; also $3,704,605 for June 1936 and $15,772,458 for the six months of 1936 under the requirements of an Act approved August 29, 1935 levying an excise tax
upon carriers and an income tax upon their employees, and for other purposes. (Public No. 00O, 74th Congress). The net income for June 1935 includes credits of $1,087,941 and
for the six months of 1935 credits of $5,517,768, on account of reversal of charges previously made for liability under the Railroad Retirement Aot of 1934.
Includes payments which will become due on account of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within six months after close of
month of report.
# Includes obligations which mature not more than 2 years after date of issue.
Excludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.
Deficit or other reverse items.


4 I-


wl I 1 1 I I I I I PP OP


-r


----r-


i


















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the six months of For the six months of

1936 1935 1936 1935

Alton R. R. ....................................... d 904.67 .38.42 d 73.6 d.231.838
Atchison, Topeka & Santa Fe Ry. System a/ ....... d 526422 1,424,9 5,147,949 7,216 935
Atlantic Coast Line R. R ......................... 300,678 d 40.09 1,67,355 675,697
Baltimore & Ohio R. R. .................... ...... d 1.98127 d 2.96.15 1,713,200 972,836
Boston & Maine R. R. .............................. d 2.7577 47 d 28345 d 1.936.061 534,751
Central of Georgia Ry.*.........* ............... d 1.350.408 d 1.479.985 d 965. 312 d 1,074.239
Central R. R. of New Jersey ...................... d 1.701.530 d 516.746 d 9,79 307,88
Chesapeake & Ohio Ry. ......................... 17,903,747 13,8 6 22,115,553 17,565,514
Chicago & Eastern Illinois Ry.*t.................. d 6 419) d 8'.68 d 368 d r49320
Chicago & North Western Ry....................... 9.092.676 d 6.814 307 d 6.59419 d 4.289.419
Chicago, Burlington & Quincy R. R. ................ d 942.194 d 3.42.392 1,52,895 d 1.020.792
Chicago Great Western R. R........................ d 6 5,09 d 962.33 d 403.09 d 701.2 2
Chicago, Milwaukee, St. Paul & Pacific R. Rt* ... 9.226,96 0. 1 6 d 7d.r 240
Chicago, Rock Island & Pacific Ry.*1 .............. .. d.03 8.697.785 6756404 d 6.82969
Chicago, St. Paul, Minneapolis & Omaha Ry. ........ d 1.45.671 d 1.575.359 d 1.199.793 d 1.260.215
Delaware & Hudson R. R. ........................... d 890.793 d 1,0. 626 d T7.115 d 559.031
Delaware, Lackawanna & Western R. R. .............. d 503.8 d 8 0 832,472 467,464
Denver & Rio Grande Western R. R.* .............. d 2.891.2 2.3.611 d 2.313.196 d 1.987.278
Elgin Joliet & Eastern Ry. ....................... 770,480 900,105 1,220,0 ,71
Erie R. R. (including Chicago & Erie R. R.) ....... 158,653 d 66g8000 2,104,942 1,59,719
Grand Trunk Western R. R. ......................... 975,269 d 197.71 1,551,181 9,601
Great Northern Ry. ...... ..... .............. d 2.86.036 d .298249 1.026.435 d 1.483968
Illinois Central R. R. ........................... d 20 d 1 4 1265,627 1 20983
Lehigh Valley R. R ............................... 29,62 d 1 1,180,057 7 ,283
Long Island R. R. .................................. d 517.031 d 880803 65,152 d 2~8.33
Louisville & Nashville R. R. ...................... 3,30,018 1,465,021 5,395,355 3,611,094
Minneapolis, St. Paul & Sault Ste. Marie Ry. ....... d 3.211.44 d 3.48006 d 2.599.269 d 2.932.61
Missouri-Kansas-Texas Lines ..................... d 1468840 d 270736 826 9 d 2 052981
Missouri Pacific R. R.* .................... .. d 6.774.2 d 77 7 4.322 6,61882
New York Central R. R. ......................... 0,8 d 4 001 8452,096 4,160,153
New York, Chicago & St. Louis R. R. ................ 1,139,037 7,465 1,912,149 823,220
New York, New Haven & Hartford R. R.**........... d 4.286497 d 1.613930 d 26492 192376
Norfolk & Western Ry. ......................... 14,482,962 9 ,93 057 16,731,828 12,186,049
Northern Pacific Ry. ............................... d 5.177.419 d 6 4 3 612 91 d 4 9099
Pennsylvania R. R. ................................ 11,763,894 10,126:16 22,59,570 20,870,541
Pere Marquette Ry. ............................... 1,166,98 337,177 2,433,060 1,624,214
Pittsburgh & Lake Erie R. R. ...................... 1,832,05 1,30, 521 2,7:, 508 2,249,201
Reading Co. ..................... ................2. 2,9, 4 2,57, :08 4 036 4,076,725
St. Louis-San Francisco Ryt* ................. d 4.535.09 d 6.416.74 7 d 2.914,90 d 4.83c407
St. Louis Southwestern Lines*t................. 1327 29998 1,059 13,590
Seaboard Air Line Ry.*.................. ............ d 3.372.9 3.197.60 d 2.433.79 d 2.263.
Southern Ry. ...................................... ,103 d 2 610 1,669,985 6
Southern Pacific Transportation System c/ ......... 113,912 d 3.32.9 4,057,820 45,318
Texas & Pacific Ry. ............................. 525,752 106 606 1109,282 709,298
Union Pacific R. R. ............................... 2,976,519 3,578,382 6,158,659 6,820, 9
Wabash Ry.*....................... .................. d 1449,021 d 1.r88.022 d 381.215 d 04.624
Yazoo & Mississippi Valley R. R. .................. d 320:.72 d 972.259 d .64,76 d 718.849

Report of receiver or receivers.
** Report of trustee or trustees.
a Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
b/ Includes Boston & Albany, lessor to New York Central R. R.
;/ Includes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of $1,898,058 for six months of 1936 and
$1,957,392 for six months of 1935. These figures are not reflected in this statement.
d Deficit.
90649-0 U.S. GOVERNMENT PRINTING OFFICE:1936





UNIVERSITY OF FLORIDA

1II1111111ll I III III I IIIIII INTERSTATE COMMERCE COMMISSION
3 1262 08851 0804 BUREAU OF STATISTICS


Lebste.j 3; ect on
Subject to revision


SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLASS I STEAM RAILWAYS IN THE UNITED STATES

Compled Irn 138 report (FP3rt repres enting 144 srtea railways

TOTALS FOR THE UUIED _ST__ATES (ALL REGliONS)


NET INCOME
MIL IONN OF DOLLARS


l 1 II II 1 1 II II II I II I I I l
V0 V -- --- 1-_V ,




.0-


O ---7 7-7-7 7 77 --7 -77 ---------- -------


1934


1935


1936


For the month of July
a


1936


$61,773,23
12,

1,542,346
72,781,927
11,208,014
41,061,074
229,703
52,498,791
20,283,136
999,831
19,283,305
16,164,994
2,809,278


3,039,329
990,060


4


1935


*26,919,3 i
12,336,82
39,255,76
1,426,2140
37, 829,486
11,144,855
41 ,27 6
218,521
,791,027


16,4o6,385
1,446:61f


2,313,329
929,160


Income Items


1. Net railway operating income ......................
2. Other Income ......................................
3. Total income ................................
4. Miscellaneous deductions from income ..............
: Income available for fixed charges ..............
Fixed charges:
6-01. Rent for leased roads .....................
6-02. Interest deductions.......................
6-0o. Other deductions ........................
6-04. Total fixed charges ..................
7. Income after fixed charges .....................
Contingent charges .............................
S9. Net income i ..............................
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ..............................
12. Dividend appropriations:
12-01. On common stock ..........................
S 12-02. On preferred stock ......................


For the seven months of


1936


$30,0017,259
84,065146
384,o0,0 5
11,166,683
372,915,722
78,260,640
290,54.7,798
1,5148,590
370,357,028
2,558,694
7,31522

14,316,060


40,535,924
14,192,971


3I I


$221,695,798
90,762,026
312, 57,824
10,262,878
302,194,96
77,738,977
293, 302
372,688,686
d 70.40..74o
7,o016 ,522
d 77. 10.262
113,935.471
9,592,815


48,998,668
9,056,062


Balance at end of July Balance at end of July
Selected Asset Items Selected Liability Items 196
1936 1935 1956 1955
153 Investments in stocks, bonds, etc., other than those $688,489,789 $740,014,651 27. Funded debt maturing within 6 months* ............. 177,720,045 $187,269,436
of affiliated companies (Total, Account 707) .....
.. ., 28. Loans and bills payable# ......................... 226,783,627 344,448,69
14. Cash ..................................... 424,529,56 g47,677,0 29. Traffic and car-service balances payable .......... 81,777,108 70,367,4
1. Demand loans and deposits ............ ..........6...i 6 2 1),028,088 50. Audited accounts and wages payable ................ 227,278,219 214,673,53
1. Time drafts and deposits .......................... 32,51,7 29,5,556 31. Miscellaneous accounts payable .................... 92,52,299 501
17 Special deposits ................................... 131,938,86 51,7 ,784 32. Interest matured unpaid ........................... 47310,702357 79
1. Loans and bills receivable ......................... 2,505,757 ,09,553 Dividends matured unpaid .....................6,494,2258,
19. Traffic and car-service balances receivable ......1. 61,509,109 .,2 98 Funded debt matured unpaid ........................ 444,25766 08, ,
20. Net balance receivable from agents and conductors .. 50,206,419 42,88,613 Unmatured dividends declared ......o................9,5,821 749,917
21. Miscellaneous accounts receivable .................. 1,99,9 9 1),82,011 3. Unmatured interest accrued .................. ... 1 770, 57 103757,508
22. Materials and supplies ............................. 295,516,877 298, 5,93 7. Unmatured rents accrued....... ...................... 26 94 2 28931
2. Interest and dividends receivable ................. 2 .500,32 1,423,59 58. Other current liabilities ......................... 25, ,824 15,52784
Rents receivable ................................... 2,149,780 2,078,196 ____ .
25. Other current assets ............................... 6,233,985 4,276, 363 39. Total current liabilities (items 28 to 38) ... 1,723,553,790 1,514,903,512
26. Total current assets (items 14 to 25) ......... 1,180,783,914 1,013,564,723 140. Tax liability (Account 771):
40-01. U. S. Government taxes .................. 64,172,691 32,457,926
40-02. Other than U. S. Government taxes ........ 146,152,026 145,522,003

ANALYSIS OF NET INCOME a/

Month of July 1936 Month of July 1935 For the seven months of 1936 For the seven months of 1935
Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deficit a net income a net deficit a net income a net deficit
Number Number Number Number Number Number Number Number
of Amount of Amount of Amount of Amount of Amount of Amount of Amount of Amount
reports reports reports reports reports reports reports reports

73 $28,902,274 62 $9,618,969 44 $9,907,472 91 $25,868,845 59 $99,522,423 76 $103,995,251 43 $65,122,065 92 $142,632,327
0 The net income as reported includes charges of $1,510,745.for July 1936 and $10,124,808 for the seven months of 1936 on account of accruals for excise taxes levied under the Social
Security Act of 1935; also $3,846,268 for July 1936 and $19,607,340 for the seven months of 1936 under the requirements of an Act approved August 29, 1935 levying an excise tax
upon carriers and an income tax upon their employees, and for other purposes. (Pubilo No. 400, 74th Congress). The net income for July 1935 includes credits of *932,436 and for
the seven months of 1935 credits of *6,458,128, on account of reversal of charges previously made for liability under the Railroad Retirement Act of 1934.
Includes payments which will become due on account of principal of long-term debt ( dther than that in Account 764, Funded debt matured unpaid) within six months after close of
month of report.
# Includes obligations which mature not more than 2 years after date of issue.
g/ Excludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.,
d Deficit or other reverse items.


Statement No. M-125
JULY, 1936


; *-lm;r ..


-r


2
-8


i __^___~


IV


1935


















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the seven months of For the seven months of

1936 1935 1936 1935

Alton R. P. ....................................... a 959.458 1.732.58 a 8759.146 l 7872
Atchison, Topeka & Santa Fe Ry. System a/ ......... 2,155,430 2,707126 8,775,967 9,50,044
Atlantic Coast Line R. R ......................... 1,423,266 2, 266 19 00
Baltimore & Ohio R. R. ................ 0 .......... d 820.819 2,6,498 6540,08
Boston & Maine R. R. .............................. A 27.35 d 2 1.6814900 525,529
Central of Georgia Ry.*.......,..................... 1. 72.609 1.682.84 1.20 102
Central R. R. of New Jersey ...................... 2,003.1i 90. 5 110
Chesapeake & Ohio Ry. .......................... 21,040,5 ,,95319,659,06
Chicago & Eastern Illinois Ry..1........ .......,. 02 I d60
Chicago & North Western Ry.. ...................... .8 860d5668 91
Chicago, Burlington & Quincy R. R. ............... 878 .771.13 2,97,239
Chicago Great Western R. R.................. 4.132.328
Chicago, Milwaukee, St. Paul & Pacific R. R.*?..... 10.212.1 .39. 10
Chicago, Rock Island & Pacific Ry '. .............. d 99.
Chicago, St. Paul, Minneapolis & Omaha Ry. ........ d 1. .2214 d
Delaware & Hudson R. R.......................... 42 246 36.
Delaware, Lackawanna & Western R. R. ............. S 5d N..19 9-sk 30 4
Denver & Rio Grande Western R. R ................ 688
Elgin, Joliet & Eastern Ry. ...................... 92
Erie R. R. (including Chicago & Erie R. R.) ....... d l 236 2,697,067
Grand Trunk Western R. R. ............ ......... 670,772 1 l 1,335,475 375,673
Great Northern Ry. .... ..... .............. 91991,942
Illinois Central R. R. ........................ .. 2.07 g 1,754,1 3
Lehigh Valley R. R. ........................ 1,630,8 11744
Long Island R. R. ............... ............... 45559 2 7722),730 d 7.746

Minneapolis, St. Paul & Sault Ste. Marie Ry. ....... d 3 6.899 2 227 d 07.8
Missouri-Kansas-Texas Lines ....................... l d 9d 2 28
Missouri Pacific R. R.*. ......................... ..
New York Central R. R. b/ ...................57 3899072
New York, Chicago & St. Louis R................ 1,383,822 d 27 4701 2,2 8315 6275621
New York, New Haven & Hartford R. R............... 4 .793.17 907 01 1.,43
Norfolk & Western Ry. .......... ........ .. 1683 196957 14, 284
Northern Pacific Ry. ....... ........................ 4 5 2.200 62 d
Pennsylvania R. R. ................................ 15,768215 11299027
Pere Marquette Ry. ..............................1. 1,257,105 220,17 2,737,115 1,721,25
Pittsburgh & Lake Erie R. R. ....................... 2,367,940 1,663,8 3,420,937 2,22,8
Reading Co. ...................................... ,07,392 2,657,375 5,266 ] 4,420,
St. Louis-San Francisco Ry. ?. ..................... .A 67 .076 6 d 532.021
St. Louis Southwestern Lines*?..................... 272.177 394.8 81 9 d 1.3
Seaboard Air Line Ry........................... d 4, 089 2 4.01 281 26 2196
Southern Ry .....................................446
Southern Pacific Transportation System c/ ........ 1,320,977 d 5,910,425 143
Texas & Pacific Ry. ............................... 670,167 255,79 13513959,21
Union Pacific R. R. ............................ 4,339,295 3,866,23 8,099,547 7,632,172
Wabash Ry.*......................... ................ 1. 525 552I 280,619 d 652.224
Yazoo & Mississippi Valley R. R. ................... 412170 1111926 d 890.

Report of receiver or receivers.
** Report of trustee or trustees.
a/ Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
SIncludes Boston & Albany, lessor to New York Central R. R.
/ Includes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of $2,006,042 for seven months of 1936 and
$2,290,039 for seven months of 1935. These figures are not reflected in this statement.
d Deficit.
95245-0 U.S. GOVERNMENT PRINTING OFFICE: 1936






Subject to revision
Subject to relvion


UNIVERSITY OF FLORIDA
I 1 III IIIIIIIIIIIIIIIII O1111111111111111111111
3 1262 088510812 INTERSTATE COMMERCE COMMISSION
BUREAU O STATISTICS

SELECTED INCOME AND BALANCE-SHEET ITEMS OI CLASS I STEAM RAILWAYS IN THE UNITED STATES

Compiled frmn 138 Ireprts (Fomnn BS) repenting 144 steam railways


TOTALS FOR THE UNITED STATES (ALL REGIONS)


13- Investments in stocks, bonds, etc., other than those
of affiliated companies (Total, Account 707) .....
14. Cash ...............................................
15. Demand loans and deposits ..........................
. Time drafts and deposits .........................
17. Special deposits .................................
18. Loans and bills receivable ........................
19. Traffic and car-service balances receivable ........
20. Net balance receivable from agents and conductors ..
21. Miscellaneous accounts receivable ..................
22. Materials and supplies ...........................
25. Interest and dividends receivable ................
4. Rents receivable ........................... ........
25. Other current assets ..............................
26. Total current assets (items 14 to 25) .........


For the month of A
1936
*64,680,716
11,238,162
75,918,878
1,490,706
74,428,172
11,171,248
1,152,712
247,051
5,571,011
21,857,161 d
999,832
20,857,329 A
16,126,094
2,984,438

11,850,687
3:,036,072


16,126,396
1,516,284


Balance at end of August


1936
$688,772,332


443 ,099,954
11,430,155
3,126,411
169,189,941
1,987,793
59,.8W,48
52,019,844
140,406,598
295,642,550
27,407,015
2,394,638
6,372,099


1,242,559,482


i E4M M1


1935
$736,423,537


372,425,177
14,673,088
30,104,981
52,286,570
4,077,5 9
50,576,146
~,935,781,
132,3 71,252
293,166,112
31 51,752
4, 65258


1,034,044,913


Income Items


1. Net railway operating income .....................
2. Other income ......................................
3. Total income ...............................
4. Miscellaneous deductions from income .............
. Income available for fixed charges .............
Fixed charges:
6-01. Rent for leased roads .....................
6-02. Interest deductions ......................
6-03. Other deductions ........................
6-04. Total fixed charges ..................
7. Income after fixed charges ......................
8Contingent charges .................... .........
9. Not income ...............................
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes .............................


12.


Dividend appropriations:
12-01. On common stock ........................
12-02. On preferred stock .......................


b I


Selected Liability Items


27. Funded debt maturing within 6 months* .............


Loans and bills payable# ..........................
Traffic and car-service balances payable ..........
Audited accounts and wages payable ...............
Miscellaneous accounts payable ....................
Interest matured unpaid ..........................
Dividends matured unpaid ..........................
Funded debt matured unpaid .......................
Unmatured dividends declared .....................
Unmatured interest accrued ........................
Unmatured rents accrued .........................
Other current liabilities .......................
Total current liabilities (items 28 to 38) ...


40. Tax liability (Account 771):
40-01. U. S. Government taxes...................
40-02. Other than U. S. Government taxes .......


For the eight months of


1936


4 4-


$364,697,978
95,30 3077
160,001,285



89,431,88
331,700, 1
1,795, .4
24,%15,8
ios01,35
16,384,500
129,051,700
17:300,:498

52 66,6611
17,229,0o44


1935


*263,852,509
101,916,309
365,768,818
11,571,967
354,196,851
89,143,653
5,10,726
1,741,3714
425,995,753

d 79.815, 56
130,049,909
10,909,109

62,o56,204
11,561,599


Balance at end of August


1936
$192,958,479


220,025,568
78,624,13)
218,26,219
97,291,597
495,555,143
6,971,091
44,158,928
14 ,7,949
107,87 1,803
333 L ,095
23,313,1461


1,74),980,987


72,560,145
157,577,570


1935
$185,922,020


343,799,984
67,075,502
205,555,010
53,659,096


,14:63,078
108,622,509
33,126,416
17,448,020


1,539,026,235


33,740,236
157,051,884


ANALYSIS OF NET INCOME a/

Month of August 1936 Month of August 1935 For the eight months of 1936 For the eight months of 1935
Railways reporting Railways reporting Railwas port Railways eptireporting Railays r iwa eportig Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a not deficit a net incasc a net deficit a net income a net deficit
NuNumber Numbeumber Number Number Number Number Number
of Amount of Amount of Amount of Amount of Amount of Amount of Amount of Amount
reports reports report reports reports reports reports

79 $29,511,769 56 $8,654,440 55 $15,563,007 80 $17,868,0051 61 $124,779,835 74 *108,395,335 43 $77,771,489 92 $157,586,745
1 The net income as reported includes charges of $1,521,056 for August 1936 and $11,653~878 for the eight months of 1936 on account of accruals for excise taxes levied under the Social
Security Act of 1935; also $3,819,938 for August 1936 and $2,441,433 for the eightmonths of 1936 under the requirements of an Act approved August 29, 1935 levying an excise tax
upon carrier and an income tax upon their employees, and for other purposes. (Publ$o No. 400, 74th Congress). The net income for August 1935 includes credits of $499,825 and for
the eight months of 1935 credits of *6,965,070, on account of reversal of charges previously made for liability under the Railroad Retirement Act of 1934.
Includes payments which will become due on account of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within six months after close of month
of report.
# Includes obligations which mature not more than 2 years after date of issue.
Excludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.
SDeficit or other reverse items.


Statement No. M-125
AUGUST, 1936


r -ii -I 1--


I


-


-L.


















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the eight months of For the eight months of

1936 1935 1936 1935

Alton R. R.. ..................................... d 1.066.382 d .88.9 d 836.89d 61.674.139
Atchison, Topeka & Santa Fe Ry. System / ......... 3,17,299 3,67,10,738 9 11154,o70
Atlantic Coast Line R. R. ........................ 1,17,669 d 1.171.889 2,55 6 325,698
Baltimore & Ohio R. R. ....................... ...... d 860806 d 3165,058 1,261,123
Boston & Maine R. R .............................. d 2,591.896 d 42.726 d 1.497.997 623,424
Central of Georgia Ry.*.......................... 16 d 1 61 41.139. 1285928
Central R. R. of New Jersey ...................... d 224 79817
Chesapeake & Ohio Ry. ............ ........... 24,927,3 17,7 1,259 30,540 ,17 2,12 1
Chicago & Eastern Illinois Ry ........... ..... 766 1.3.9 d 368708 240
Chicago & North Western y......................... d 9482,420 A 6.663529
Chicago, Burlington & QuincyR R ................ 1,029,253 d 3068,821 4,086,386 22,369
Chicago Great Western R. R... R. .. 29 5.094 d 1.1.51 38,010 7
Chicago, Milwaukee, St. Paul & Pacific R. R.* ..... d 11.11433 d 152645 d 7.536.176 11
Chicago, Rock Island & Pacific Ry.*............... Q d 10892 49 d 7.569.
Chicago, St. Paul, Minneapolis & Omaha Ry. ......... d 1 .57 2,01) 8 d 9 59
Delaware & Hudson R. R ............................ 1.220.767 d 1.966.331 d 86.264 d 1.282582
Delaware, Lackawanna & Western R. R. ............ 25642.992,556
Denver & Rio Grande Western R. R.*o. ...... ........ 3.96910 3.7.69 3.127.3 d 2.71.9
MSlin, Joliet & Eastern By. ...................... 957277 ,9721 1,566 1,
Erie R. R. (including Chicago & Erie R. R.) ....... 575,771 d 1.81.948 3,16,007 27,463
Grand Trunk Western R. R. ........................... 287,288 521956 1,040,719 194,798
Great Northern Ry ................................ 777,052 3d 1.8.116 ),226,45 717,11
Illinois Central R. R .. .......................... 2,32.114 3.13 2,o48,o47 558,44
Lehigh Valley R. R. ................................ ,44 014 d 1,975,257 95
Long Island R. R. ................ .............. d 241488 7810 534,969 15,724
Louisville & Nashville R. R. ................................ 4,895,92 1,854,660 7,683,124 4,699,027
Minneapolis, St. Paul & Sault Ste. Marie Ry. ...... d 3.9.946 d 4.397.,23 d 3128.829 d 3.642.00
Missouri-Kansas-Texas Lines ....................... 16 0 3.13.6112242.23819
Missouri Pacific R. R. ............ .................. d 6.799,06611 9 d 3.99361 d 8486797
New York Central R. R. eb/ ......................... 2,367,932 .29713,165,526 4 431,776
New York, Chicago & St. Louis R. R. .............. 1,733,026 d 267.135 2,72,,859 817,871
New York, New Haven & Hartford R. R.*t............. d 4.937,161 d 2293.970 d 2.641.947 d 15502
Norfolk & Western y. ...................... .. 19,633,978 15933,9 22,636,012 16,936,892
Northern Pacific Ry. ............................. d 5.172.097 d 3.0.104 d 5.281.140
Pennsylvania R. R. ............................. .. 19,443,068 12277,296 34,021,070 26,792,711
Pere Marquette Ry. .............1............... 1,264,588 238,475 2.954,127 1,953,522
Pittsburgh & Lake Erie R. R. ....................... 2,838,292 2,052,J94 4:,01,804 ,262,75
Reading Co. 3 1.00....0...........4..............0. ),976,918 2,74,335 6,098, 92 4,779,474
St. Louis-San Francisco Ry.*t...................... 5.402.911 d 7.819, 7 d 3.255.39 5.715.83S
St. Louis Southwestern Lines*t..................... 292,837 d 5,100 1 25,997
Seaboard Air Line Ry......................... d 4.718.873 1d 45 5 3.465.628 d 3.710.81
Southern Ry. .......................... ......... 1,011,75 d 3.222 7 3,175,319 d 1247906
Southern Pacific Transportation System 0/ .......... 2,754,56 d 2.630. 7989,rs8 2,466,372
Texas & Pacific Ry. ........... ........9..... 376 355 ,50 1,617 630 1,159 616
Union Pacific R. R. .............................. 6,470,094 5,914:877 10,773,745 10,205,295
Wabash Ry............. .................... ..... d 1772.595 d 2,307.501 d 350,809 d 863.34
Yasoo & Mississippi Valley R. R. ................... d 67,6b d 1,289.965 d 24321 d

Report of receiver or receivers.
** Report of trustee or trustees.
SIncludes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
SIncludes Boston & Albany, lessor to New York Central R. R.
/ Includes Southern Pacific Oompany and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of $2,280,333 for eight months of 1936 and
$2,561,213 for eight months of 1935. These figures are not reflected in this statement.
d Deficit.
101770-0 U.S. MOVEMENT PRINTING OFFICE: 190




-i -, -',i> ~ 7- ~ --- -


IC tste. 34: 93(
Subject to revision


UNIV. OF FL LISI




U.S. DEPOS~TOtY


UNIVERSITY OF FLORIDA
IIIIfllilllllllllllllllllllllllll llll llll
3 1262 088510820 INTERSTATE COMMERCE COMMISSION

BUREAU OF STATISTICS


SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLASS I STEAM RAILWAYS IN THE UNITED STATES

Compiled fron 138 reports (Form IBS) representing 14 steam railways

TOTALS FOR THE UNITED STATES (ALL REGIONS)


NET INCOME
MIl IONS OF DOLLARS


440


n rr~rttr ~FriTlTTTT


1934


1935


1936


For the month of September


1955


1936


170,1f,026
27
82, 3,045
2,338,602
79,704,443
11,049,978
41,015,57
52, 98,596

26,9 :o8
16,078,842
2,199,170

951,674
a 637


Income Items


For the nine


__________________________________________________ I


1936


Statement No. M-125
SEPTEMBER, 1936


months of


1935


1. 1 I I


69,193,i
1,254,228
67,939,612
11,583, 146


R
13,63 4976
16,2 ~,103
1,94,900

6,188,521
1,039,712


1. Net railway operating income .....................
2. Other income ......................................
3. Total income ..................................
4. Miscellaneous deductions from income ..............
Income available for fixed charges ..............
Fixed charges:
6-01. Rent for leased roads ....................
6-02. Interest deductions .......................
6-03. Other deductions .........................
6-04. Total fixed charges .................
7. Income after fixed charges .....................
ontingent charges ................................
9. Net income .................. ...............
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes .............................
12. Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock .......................


$434, 64,001
107,184,793
542:,048,794
14,995,991
527,052,803
100,481,865
372.721, o3
475,231,636
1:,821,167
9,031,185
42,789,90
145,140,42
19,502,668S

53':31,285
1 29:r


21,28790
4,3:962:657
12,826,192
422,136,465
100,696,99
376,M- 162
1 0957, 00


d 66180.28,
146,287,646
12,856,261


68,224,725
12,601,111


Balance at end of September Balance at end of September
Selected Asset Items Selected Liability Items196 1
____________________ 1936 1935 ___________________1936 1935
153 Investments in stocks, bonds, etc., other than those 27. Funded debt maturing within 6 months* 6............ 0158,852,956 0243,617,814
of affiliated companies (Total, Account 707) ..... *68.528.402 i735.303. 58
S28. Loans and bills paable# 6........................... 219,121,747 344,232,82
14. Cash............................................. 505,975,082 398,106,78 29. Traffic and oar-service balances payable .......... 80,689,517 7,036,06
15. Demand loans and deposits ........................ 14,47,651 14,032,671 30. Audited accounts and wages payable ............... 231,402170 214,065,.0
STime drafts and deposits ........................... 40,668,235 32,526,07 31. Miscellaneous accounts payable .................... 106,21,085 5992
1. Special deposits .................................. 147,209, 50 4392,059 2. Interest matured unpaid ........................... 522,28,769 395,1
1. Loans and bills receivable ......................... 2,349,257 43. Dividends matured unpaid ...................... l,5,09 ,
19. Traffic and car-service balances receivable ........ 61,233,841 6, ,63 Funded debt matured unpaid .................... 47, ,202 322,191,
20. Net balance receivable from agents and conductors .. 5501,589 9,299,10 35 Unmatured dividends declared ..................... 1,114,223 1,1
21. Miscellaneous accounts receivable .................. 14,18,180 13 99,648 6. Unmatured interest accrued ........................ 103,228,224 105,187,
22. Materials and supplies ............................ 295, 861 2 5,60,547 matured rents acred.................. .... 5,91 1856 ,77,
2 Interest and dividends receivable ............... 27 ,5 3, Other current liabilities ..................... 5,87660 7,77,965
Rents receivable ................................... 2,561,350 2,70,1480
25. Other current assets .............................. 6,549,367 5,r46762 39. Total current liabilities (items 28 to 38) ... 1,809,338,821 1,580,104,906
26. Total current assets (items 14 to 25) ......... 1,303,829,538 1,080,383,606 40. Tax liability (Account 771):
40-01. U. S. Government taxes ................ 17 693 ,052,519
40-02. Other than U. S. Government taxes ........ 10o ,4 1,96,87

ANALYSIS OF NET INCOME a/
Month of September 1936 Month of September 1935 For the nine months of 1936 For the nine months of 1935
Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deficit a net inoom a net deficit a net thoome a net deficit
Number Number Number Number Number Number Number Number
of Amount of Amount of Amount of Amount of Amount of Amount of Amount of Amount
reports reports reports reports reports reports reports reports

73 $34,908,780 62 68,502,764 65 $23,249,217 70 $9,614,241 62 $156,209,625 73 $113,419,643 47 $95,212,832 88 $161,393,113


The net income as reported includes charges of $1,458,054 for September 1936 and $13,111,962 for the nine months of 1936 on account of accruals for excise taxes levied under the Social
Security Act of 1935; also $3,888,118 for September 1936 and P27,328,818 for the nine months of 1936 under the requirements of an Act approved August 29, 1935 levying an excise tax
upon carriers and an income tax upon their employees, and for other purposes. (Public No. 400, 74th Congress). The net income for September 1935 includes credits of $*96,149 and for
the nine months of 1935 credits of $7,361,639, on accountof reversal of charges previously made for liability under the Railroad Retirement Act of 1934.
Includes payments which will become due on account of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within six months after close of month of
report.
Includes obligations which mature not more than 2 years after date of issue.
Excludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.
Deficit or other reverse items.


L



















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS


NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the nine months of For the nine months of

1936 1935 1936 1935


Alton R. R. ............ ...................
Atchison, Topeka & Santa Fe Ry. System/ .........
Atlantic Coast Line R. R. .............. .......
Baltimore & Ohio R. R ..........................
Boston & Maine R. R ...........................
Central of Georgia Ry. ...........................
Central R. R. of New Jersey ......................
Chesapeake & Ohio Ry. ............................
Chicago & Eastern Illinois Ry.**...................
Chicago & North Western Ry.*......................
Chicago, Burlington & Quincy R. R..............
Chicago Great Western R. R.*.....................
Chicago, Milwaukee, St. Paul & Pacific R. R.**.....
Chicago, Rock Island & Pacific Ry.*'...............
Chicago, St. Paul, Minneapolis & Omaha Ry. .........
Delaware & Hudson R. R. ........................
Delaware, Lackawanna & Western R. R...............
Denver & Rio Grande Western R. R.*................
Elgin, Joliet & Eastern Ry. ......................
Erie R. R. (including Chicago & Erie R. R.) .......
Grand Trunk Western R. R .........................
Great Northern Ry. ........o.......*...............
Illinois Central R. R.............................
Lehigh Valley R. R ..............................
Long Island R. R. .............................
Louisville & Nashville R. R. .....................
Minneapolis, St. Paul & Sault Ste. Marie Ry. ......
Missouri-Kansas-Texas Lines ...................
Missouri Pacific R. R.*..........................
New York Central R. R. b/ ......................
New York, Chicago & St. Louis R. R. ..............
New York, New Haven & Hartford R. R.*.............
Norfolk & Western Ry. ...........................
Northern Pacific Ry. ...............................
Pennsylvania R. R ...............................
Pere Marquette Ry. ..............................
Pittsburgh & Lake Erie R. R. .....................
Reading Co. .....................................
St. Louis-San Francisco Ry.* ......................
St. Louis Southwestern Lines* .......,.............
Seaboard Air Line Ry.*............................
Southern Ry. .................*....... .............
Southern Pacific Transportation System / .........
Texas & Pacific Ry. ..............................
Union Pacific R. R. ..............................
Wabash Ry.* ....................................
Yasoo & Mississippi Valley R. R. ..................


d 1.174.689
1,062,262
250,077
d 2.473.858
d 1.789.210
d 2. 47 9.0
28 1 2 67
d 10, 06.168
1,768,528
d 144.988



d 1.237.417
d 93.1l

1,051

d 116,232
30. 6



a 4
1 2.982.0


6,0577,696






d 4.3157.1

1,298.371


d 254.95g



1 044,191
5,0:4o0,589
9,684,538
^M~


d 42.083.313
d 1.6.618
d 310,4gal
a go~


148,414
d 2.61872
d 6.395.7.1

417,642
2,341,261
3, 22448,
d 8 408.4l

d 5.646.3
a
a ,
8,258,527
d 2 08.1
CL.3 124, -


d 1916.016
:26o

5,76,974.
d 1.24:839
d 211.0


d 1
5,207,107



a 412769
5,o0, 50
d 3.063.811






9,182,912
d 3. 612
&Wli
&5bP3


1979



d 3.7,783
10,910,9
1,919,9549
14.530,858
d ,
3b?-,


d 81.844.324
205,639
1,98,200
712,359
d 1.71.941
d -19&. 19
d 9W0.166
d b.i144,o


d 1.162.567
d 737071

1,335,659
256,771
4,156,544
1,194,908
d 3i.0986
52,71

5,562,400
d 2.201.397
d 9,124,228
6,094,132


2,346,647
3,702,525



d 4,241.04
3,6 618
1,: m,009
13,473,312
d 884,260
d 731,104


* Report of receiver or receivers.
** Report of trustee or trustees.
SIncludes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
SIncludes Boston & Albany, lessor to New York Central R. R.
SIncludes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of $2,585,270for nine months of 1936 and
2,989,964 for nine months of 1955. These figures are not reflected in this statement.
d Deficit. 1""-0 U.." llENTI OFFKE:r3






IC Iste.34 o3410
Subject to revilon


U.S. DEPOeTOY


UNIVERSITY OF FLORIDA

Il lIIIIIIIIIIIIIIl1IIII INTERSTATE COMMERCE COMMISSION
3 12620885106 BUREAU OF STATISTICS

SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLASS I STEAM RAILWAYS IN THE UNITED STATES


1934 1935 1936


Compiled frmn13 reports (Fonn IBS) representing 144 steam railway

TOTALS FOR THE UNITED STATES (ALL REGIONS)
r I


For the month of Ootober
I


1936


1935


Income Items


Statement No. M-125
OCTOBER, 1936


For the ton months of


1936


1935


_ a i .


:89~s75,917
101,281,893
1,710,05o
99 5r1,m3


11,330,69
205,1: 2




16,201,699
3,216, 75


075,454,504
11,991,55
87,44,05




512.2550,7


31,32,529
16,362,118
2.:50:738
1,231,92
990,060


1. Net railway operating income .....................
2. Other income .....................................
3. Total income ................................
4. Miscellaneous deductions from income ...........,.
5. Income available for fixed charges ...*..........
6Fixed charges:
6-01. Rent for leased roads .....................
6-02. Interest deductions .......................
6-0. Other deductions .......................
6-4. Total fixed charges .................
7. Income after fixed charges ..................
Contingent charges ...............................
9. Net income 4 ................................
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ..............................
12. Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock .......................


*5,652,350
16,7362,041

626,507,079

99,2,04
10,033,719
89,208.327
161,342,24
22,832.963


$396,656,275
125,933,359

14,338,444
508,;51,190


162,649,763
15,306,999


Balance at end of October Balance at end of October
Selected Asset Items 1936 195 Selected Liability Items 1936 19

13, Investments in stocks, bonds, etc., other than those 27. Funded debt maturing within 6 months* ............. 134,606,809 $251,982,36
of affiliated companies (Total, Account 707) ..... r81,926.892 735,788,313
T, 28. Loans and bills payable# ........................... 217,826,952 345.063,977
14. Cash ............................................... 554,918,663 436,680,684 29. Traffic and car-service balances payable .......... 87,001,672 80, ,R
15. Demand loans and deposits .......................... 19,0,247 16,05,106 30. Audited accounts and wages payable ................ 23 ,391,119 225,4:
16. Time drafts and deposits ........................... 40,350,519 2,121,928 1. Miscellaneous accounts payable .................... 109,915,614 04
17. Special deposits ................................... 109,89,8 15 ,096 2. Interest matured unpaid .......................... 518, ,679
18. Loans and bills receivable ......................... 2 ,689 706 3. Dividends matured unpaid .......................... 2, 9
19. Traffic and car-service balances receivable ........ ,6 26862 80 Funded debt matured unpaid ........................ 478,88 3
20. Net balance receivable from agents and conductors .. ,598 9,9,00 35. Unmatured dividends declared ....................... 1,,8 ,879
21. Miscellaneous accounts receivable ................. 14.3,58 137,730,082 6. Unmatured interest accrued ........................ 10,9 10, 90
22. Materials and supplies ............................. 294,706890 28,0,766 37. Unmatured rents accrued...................... 3,990,5
23. Interest and dividends receivable .................. 30,-, 7 ,22 0 58. Other current liabilities ....................... 27,280, ,
2. Rents receivable ................................... 2,797,525 2,805,31
25. Other current assets ............................ 6,471,89 5,435,10 39. Total current liabilities (items 28 to 38) ... 1,822,468,124 1,598,827,750
26. Total current assets (items 14 to 25) ......... 1,331,502,808 1,128,108,085 40. Tax liability (Account 771):
40-01. U S. Government taxes ............. 86,72,42
40-02. Other than U. S. Government taxes ........ 155,851,321 15

ANALYSIS OF NET INCOME /

Month of October 1936 Month of October 19Y5 For the ten months of 1936 For the ten months of 1935
Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deficit a net inome a net deficit a net income a net deficit
Number Number Number Number umber NumberNumber umber
of Amount of Amount of Amount of Amount of Amount of Amount of, Amount of Amount
reports reports reports reports repreporrt reports report

87 050,501,513 48 14,267,852 81 a37,912,142 5 1 6,531,613 65 $201,053,389 70 6111,814.,o6 51 $122,964,805 4 1 157,764,569
i The net income as reported includes charges of $1,566,036 for October 1936 and $14,680,239 for the ten months of 1936 on account of accruals for excise taxes levied under the
Social Security Act of 1935; also 4,582,236 for October 1936 and *31,912,352 for the ten months of 1936 under the requirements of an Act approved ngust 29, 1935 levying
an excise tax upon carriers and an income tax upon their employees, and for other purposes. (Publio No. 400, 74th Congress). the net Inome for October 1935 Includes
credits of $293,592 and for the ten months of 1935 credits of #7,662,169, on account of reversal of charges previously made for liability under the Railroad Retirement Act
of 1934.
Includes payments which will become due on account of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within sx months after close
of month of report.
# Includes obligations which mature not more than 2 years after date of issue.
Excludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.
SDeficit or other reverse items.


I r


















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the ten months of For the ten months of

1936 1935 1936 1935

Alton R. R. ....................................... d4 1.171.072 ad 2 964 .7
Atchison, Topeka & Santa Fe Ry. System a/ ......... 5,570,715 5,41,02 3
Atlantic Coast Line R. R. ............. .......... 902,928 1.6 1 267,121 166,530
Baltimore & Ohio R. R ............................ 1,401,058 7,5 87 3,350,295
Boston & Maine R. R. ............................. d 2.215,86 d .90 974,553
Central of Georgia Ry.*.............. .........0..7. g. ..'2- 2 --9 1.24.9
Central R. R. of New Jersey ........................ A 1. d
Chesapeake & Ohio Ry. .............................. 4,4 7 24677 59
Chicago & Eastern Illinois Ry**.................. 6.9 d 140 87 900
Chicago & North Western Ry?....................... 2 h1 22
Chicago, Burlington & Quincy R. R. ................ 3,373,418 & 986. 7,196,630 2,869,824
Chicago Great Western R. R .* ...................... 5,047 9 476,50 d R13.200
Chicago, Milwaukee, St. Paul & Pacific R. R**...... 12.2. .6 7.2.901 Q5
Chicago, Rock Island & Pacific Ry.-*................. 4 84 2 7 .
Chicago, St. Paul, Minneapolis & Omaha Ry. ........ 15 73 230 0 2 d 1067, 17
Delaware & Hudson R. R. ........................... 1.141.151 2,21099
Delaware, Lackawanna & Western R. R. ............... 6. d 2
Denver & Rio Grande Western R. R.*............... 2 772
Elgin, Joliet & Eastern Ry. ...................... 19 1 91 14 1 8
Erie R. R. (including Chicago & Erie R. R.) ....... 1,674,109 1 g5.295 4,913,672 2,503,470
Grand Trunk Western R. R. ......................... d 271.249 4 9HQ.2Q 659,817 404,832
Great Northern Ry. ..................... ........ 6.2.. ,59,186, 9,86,081 8,224,398
Illinois Central R. R. ............................ 1.806. d .3 3 8,019 2,117,42
Lehigh Valley R. R. ................................ 1,112,007 7 ,0,198 55,340
Long Island R. R. ................................. 71 236,826 99.7
Louisville & Nashville R. R. ....................... ,45,948 ,043,7 10,938,316 6584,612
Minneapolis, St. Paul & Sault Ste. Marie Ry. ...... d 4. .147 2 4.370. 22
Missouri-Kansas-Texas Lines ................... .. 2 2 22507 d .
Missouri Pacific R. R.. ............................ 7.07 -. d4.19
New York Central R. R. b/ ......................... 6,117,663 d 5 19,620,923 7
New York, Chicago & St. Louis R. R. ................ 2,87,57 629, ,674 1,982, 9
New York, New Haven & Hartford R. R.*t ............. 4. 1.Q8
Norfolk & Western Ry. .......................... 2 ,165,2 19,4,1 29,931,0 ,702,
Northern Pacific Ry. .......d...................... 012.6 d 19 d 2.351.024
Pennsylvania R. R. .................... ............. 29,351,752 18,856,662 47,812597 ,150
Pere Marquette Ry. ........... ............ ..... 1,777,589 948,864 3,888,326 3,092,008
Pittsburgh & Lake Erie R. R. ....................... 3,758,5 2,620,934 5,258,185 4,133,032
Reading Co. ...................................... 57 40 6 8,02, 6
St. Louis-San rancisco R y. ....................A 6.
St. Louis Southwestern Lined* ...................... 120 4 18
Seaboard Air Line Ry.*............................. 5.49.7 .29.2 4.766193
Southern Ry. ....................................... 250,2. .T 5,207, 7,2
Southern Pacific Transportation System / ......... 8,188,250 859 1,702,756 6,776
Texas & Pacific Ry. ........ ..................... 1,?833 902, 2,356,096- 1,908,29411
Union Pacific R. R. ...............................1951,55 17560,511
Wabash Ry.* ....................................... *00 1d.8j&_W &d 2,480 CA 4.,40.19
Yasoo & Mississippi Valley R. R ................. 171,803. 71 ,

Report of receiver or receivers.
** Report of trustee or trustees.
SIncludes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
SIncludes Boston & Albany, lessor to New York Central R. R.
SIncludes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely -oetrolled affiliated companies, resulted in a net deficit of 2,875,500 for ten months of 1956 and
*3,221,566 for ten months of 1935. These figures are not reflected in this statemnt.
d Deficit. o30s.-0 aU.s .ovEaU PRINT INa ,OFUFIe m1





IC \ste .4 3


Subject to revision


UNIVERSITY OF FLORIDA

3 1262 08851 0838 INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS


Statement No. M-125
NOVEMBER, 1936


UNIV. OF FL LIB.
DC T p

U 5. -I


U.S. DEPOSITOfY


SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLASS I STEAM RAILWAYS IN THE UNITED STATES

Compiled from 133 reports (Form IBS) representing 144 steam railways

TOTALS FOR THE UNITED STATES (ALL REGIONS)
T- I I


NET INCOME
MILLIONS OF DOLLARS


I I I I I I I I I I I I I I l iI I l I I 1 1 1 ]


A 11





II 4 IV I I I Ii I I I ? It I


1934


1935


1936


For the month of November


1935


1936


$72,411,762
12,381,011
84,792,773
1,633,373
83,159,'W
11,174,338
4o,652,24
52,061,158
31,098,2V
1,014,832
30,083,410
16,038,507
3,651,116

33,111,225
7,904,764


Income Items


For the eleven months of


1936


1. I I I


$54,224,287
11,202,905
65,427,192
1,431,107
63,996,085
11,260,710
41, 519626
,o16,:8
10,979,367
999,832
9,979,535
16,169,89
1,948,9~694

15,9731 "5
455,253


1. Net railway operating income ......................
2. Other income ......................................
3. Total income .................................
4. Miscellaneous deductions from income ..............
5: Income available for fixed charges ..............
Fixed charges:
6-01. Rent for leased roads .....................
6-02. Interest deductions .......................
6-03. Other deductions.........................
6-04. Total fixed charges ..................
7. Income after fixed charges ......................
8. Contingent charges ...............................
9. Net income ................. ............
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ..............................
12. Dividend appropriations:
12-01. On common stock .........................
12-02. On preferred stock .......................


$597,01 629
130,971,782
727,985,411
18,369,414
709,615,997
122,976,904
453,850,755
2,498,529
579,326,188
130,289,809
11,048,551
119,241,258
177,381,067
26,502,761


86,882,910
26,317,950


1935


*450,880,564
136,94,971
597,815,535
15,769,551
572,045,984
123,482,482
460,277,231
2,390,45
586,15,
d 14 14,164
11 18a,551
d 25.122.715
178,819,J51
17,255,593


85,329,624
14:046:424


Balance at end of November Balance at end of November
Selected Asset Items 195 Selected Liability Items 1956 195
195 6 1955 1956 1955
13- Investments in stocks, bonds, etc., other than those 27. Funded debt maturing within 6 months* ............ $169,508,486 247,502,444
of affiliated companies (Total, Account 707) .... 80.820.1i ITT .9,87.1o
28. Loans and bills payable# .......................... 216,403,914 343,462,101
14. Cash .............................................. 556,290,852 446, 22,258 29. Traffic and car-service balances payable .......... 86,273,851 7 56,287
15. Demand loans and deposits ......................... 21,689,247 16,263,989 30. Audited accounts and wages payable ................ 245,3 5,662 227 2,49
16. Time drafts and deposits ........................... 6,6,7 32,079,785 31. Miscellaneous accounts payable .................... 11,29,524 58,187,862
17. Special deposits ................................... 104,839,173 68,33,380 32. Interest matured unpaid .......................... 519,51Z,125 398,013,621
18. Loans and bills receivable ......................... 2,619,220 4,110,279 Dividends matured unpaid .......................... .2,177,035 4,62,49
19. Traffic and car-service balances receivable ........ 67,402,921 59,212,827 unded debt matured unpaid....................... 474,84,127 323,522,888
20. Net balance receivable from agents and conductors 60,091,562 48,237,69 35. Unmatureddividends declared ...................... 8,91,250 13,122,200
21. Miscellaneous accounts receivable .................. 148,272,828 17,70907 Unmatured interest accrued........................19,681,70 121,981,7
22. materials and supplies ............................. 297,7,110 279 ,855 7. Unmatued rents accrued ...........................0,741,667 40,576,5
2. Interest and dividends receivable................. 35,489,424 38,082,81 8. Other current liabilities ........................24,916, 17,339,190
2. Rents receivable ................................... 2,986,215 2,781,728
25. Other current assets ............................... 6,22,710 5,505,856 39. Total current liabilities (items 28 to 38) ... 1,885,569,211 1,623,825,787
26. Total current assets (items 14 to 25) ......... 1,340,659,699 1,138,515,111 40. Tax liability (Account 771):
40-01. U. Government taxes ................... 6,321,559 37,677,657
40-02. Other than U. S. Government taxes ........ ,130,856 135,628,386

ANALYSIS OF NET INCOME a/

Month of November 1936 Month of November 1935 For the eleven months of 1936 For the eleven months of 193 5
Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting Railways reporting
a net income a net deficit a net income a net deficit a net income a net deficit a net income a net deficit
Number Number Number Numbr mber Ner umber Number Number
of Amount of Amount of Amount of Amount of Amount of Amount of Amount of Amount
reports reports reports ts reports reports reports reports

86 $36,522,986 49 $6,439,576 68 $21,710,283 67 $11,730,748 66 $234,620,441 69 $115,379,183 51 $141,213,642 84 $166,336,357

i The net income as reported includes charges of $1,516 023 for November 1936 and $16,196,199 for the eleven months of 1936 on account of accruals for excise taxes levied
under the Social Security Act of 1935; also $4,3514,15 for November 1936 and $36,266,747 for the eleven months of 1936 under the requirements of an Act approved August 29,
1935 levying an excise tax upon carriers and an income tax upon their employees, and for other purposes. (Public No. 400, 74th Congress). The net income for November 1935
includes credits of $346,014 and for the eleven months of 1935 credits of (8,008,150, on account of reversal of charges previously made for liability under the Railroad Re-
tirement Act of 1934.
Includes payments which will become due on account of principal of long-term debt (other than that in Account 764, Funded debt matured unpaid) within six months after close of
month of report.
# Includes obligations which mature not more than 2 years after date of issue.
a/ Excludes reports of 3 roads whose net income (or deficit) was absorbed by the controlling company.
d Deficit or other reverse items.


-V


I _


v_.


















INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

NET INCOME OF LARGE STEAM RAILWAYS
WITH ANNUAL OPERATING REVENUES ABOVE $25,000,000.


Net income after depreciation Net income before depreciation

Name of railway For the eleven months of For the elevenmonths of

1936 1935 1936 193 5

Alton R. R. .................................... d 1,083,418 d 2.19 d 6t$766.403 d $1.903.569
Atchison, Topeka & Santa Fe Ry. System a/ ......... 7,142,526 6,46,7,497 17,002,847
Atlantic Coast Line R. R ....................... 2,008,338 d 1.967.974 3,945,331 80,187
Baltimore & Ohio R. R. .......................... 2,138,073 d 3,030929 8,894,962 3,542,239
Boston & Maine R. R. ............................. d 2.078,359 d 348, d 81530 1,149,652
Central of Georgia Ry.*............................ d 1.963.484 d 2068.423 12 493 d 1312.920
Central R. R. of New Jersey ....................... d 2.810, 941 d 2.4.66 d 636767
Chesapeake & Ohio Ry. ........................... 39,242,660 28,376,994 47,014,117 35,812, 1
Chicago & Eastern Illinois R .......... ..... 1.498.910 4603
Chicago & North Western Ry. ...................... .4468 d 1063 .4 .
Chicago, Burlington & Quincy R. R. ............... 4,272,304 d 19.978 8,482,847 3,521,077
Chicago Great Western R. R ............... 160,726 41624,921 d 70480
Chicago, Milwaukee, St. Paul & Pacific R. R...... 12 969.845 d -7 6 d 80566241 d
Chicago, Rock Island & Pacific Ry ............. d 13.022,268 d 13.638.778 d 9.114604 d 9.602.505
Chicago, St. Paul, Minneapolis & Omaha Ry. ........ d 1.782.774 d 2,130.480 d 1.237.537 d 1,960,0 0
Delaware & Hudson R. R. ........................... d 1066.266 d 2.514,943 d 62.097 d 1544.896
Delaware, Lackawanna & Western R. R. ..............74 6 d 2 9182,06941 d 47322
Denver & Rio Grande Western R. R?* ................. d 3.J725110 d 3 1 d 2.668 079 d 2,081.75
Elgin, Joliet & Eastern Ry. ................... 1,406,363 980,900 2,228,099 1,797,904
Erie R. R. (including Chicago & Erie R. R.) ....... 2,017,176 d 782,641 5,583,100 2,859,910
Grand Trunk Western R. R ... ....................... 230.087 d 351.187 791,357 633,842
Great Northern Ry. .............................. 6,670,062 5,517415 10,025,258 8,862999
Illinois Central R. R .. ......................... d 1156,028 d386 .16 4,824,066 2,257,642
Lehigh Valley R. R. ............................... 1,281,949 d 20483,381,870 95,573
Long Island R. R. .................................. d 950.281 d 1323:y 9 119,199 d 223.708
Louisville & Nashville R. R. ...................... 8,648,930 3535,399 12,480,469 7,424,257
Minneapolis, St. Paul & Sault Ste. Marie Ry. ...... d 5.052.74 d 4.681.43 d 3931158 d 61180
Missouri-Kansas-Texas Lines .....................5 d 51061 d 26435421 599,112 d
Missouri Pacific R. R* ................... ..... d 268 911 d 14,145291 d 4.390.273 d 10,2 9
New York Central R. R. / ....................... 8,374,336 d 4,05362 23,236,493 11,201,04
New York, Chicago & St. Louis R. R. ............... 2,660,925 788,325 4,081,797 2,275,164
New York, New Haven & Hartford R. R.* .............. d 4.091.86 d ,3263398 d 943.056 d 175.970
Norfolk & Western Ry. ............................ 29959,304 2295316 34,110,464 27,08,733
Northern Pacific Ry. .......**..*................. d 262.0 d 5266 115,200 2344
Pennsylvania R. R. ................................. 32,834648 21,5297 53,087,228 41704120
Pere Marquette Ry. ............................ 2,150,101 1,255,554 4,476,325 3611.684
Pittsburgh & Lake Erie R. R. ...................... 4,227,285 2,922,188 5,868,864 4,585,062
Reading Co. ............ ..................... 5,951,546 4,605,600 8,857,758 7:,55,284
St. Louis-San Francisco Ry*................ ...... d 6.183 d 9.755.931 d 3.237132d 6869. 88
St. Louis Southwestern Lines* ..................... d 97.462 d 541.112 457326 2
Seaboard Air Line Ry.* ........................ d 5,665.091 d 7.029.944 d 3.938.631 d 5.309,50
Southern Ry. ...................................... 3,100,923 d 2.311,400 6,078,103 515,529
Southern Pacific Transportation System c/ ......... 10,450,706 1,396,273 17,607,009 8,446,727
Texas & Pacific Ry. ............................... 1,955,043 1,135,504 3,024,173 2,242,268
Union Pacific R. R. ............................... 17,242,471 14,593,595 23,185,689 20,458,011
Wabash Ry******* ....... ............................ d 1747.514 d 2 82 204,509 d 565.6
Yazoo & Mississippi Valley R. R. ....... ....... 682,822 1,167,655 d -5990

Report of receiver or receivers.
Report of trustee or trustees.
/ Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
/ Includes Boston & Albany, lessor to New York Central R. R.
/ Includes Southern Pacific Company and Texas & New Orleans R. R. The operation of all separately operated
solely controlled affiliated companies, resulted in a net deficit of $3,220,370 for eleven months of 1936 and
$3,685,626 for eleven months of 1935. These figures are not reflected in this statement.
d Deficit.
109309-0 U.S.GOVERNNENT PRINTING OFFICE:, 937