Selected income and balance-sheet items of class I steam railways in the United States - 1943

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Material Information

Title:
Selected income and balance-sheet items of class I steam railways in the United States - 1943
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:
1943
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:
AA00000587:00011

Related Items

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

Full Text

ICr s+.+; +3


Subject to revision


UNIV. OF FL LI.


U.S. DEPOTOYEL


U.s. DEP~mTOSY


1NIrVERSITY OF FLORIDA

1111 IIIIIIIIIIIllllllIIlllllllliiii I N T ER S TATE CO M M E R CE COM M M IS ON
3 1262 08851 1075 BURAU OP TRANSPORT BITINOMICS AND STATISTICS


Statement No. M-126
JANUARY, 143


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

Compiled from 132 reports (Form IS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)
All Cls I R ways Class I Railways Not in
All Class I Railways Receivership or Trusteeship
Income Items For the month of January !For the --- months of For the month of January For the -- months of
1943 1948 1943 1942 1943 1942 1943 1942
1. Net railway operating income ----------- ---.---------- *105,339,65 66,11,' 77 ,622,600 52,706,121
2. Other income------------------------------------ ---------1301,93 12633,7506223 12,0
3. Total income.-- --_.-- .-- ----_-- 1 ,361,-2 79, ,9 89,685,323 6 1,38
4. Miscellaneous deductions from income....------- 2,120,4208 2,-43,5-0 1,50949449 22,236,405
5. Income available for fixed charges....-------------- 116,841,154 77,014,729 8 7,735874 62,305,033
6. Fixed charges:
6-01. Rent for leased roads and equipment 14,2668.86 13,582,999 ,44005 12,437
6-02. Interest deductions I-....----.---------- 36,81 33 111. 25,65
6-03. Other deductions -- ------- ---------------- 122007 ... 13:4 087
6-04. Total fixed charges....- ----------- 50,971,271 ,50, ,19S 5 -- 3o S83 3,19a %
7. Income after fixed charges-------------- -- 6 269,3 -6,1 ,-5 6 ) ,-, 9,7112 ,16,
8. Contingent charges.------------------------------- .....------------------------.---6.5280
9. Net income------------------------------------ 6,97930 23, 8 8,12,957 2619,236
10. Depreciation (Way and structures and Equipment) 26,509,637 17, 2,688 21,4 ,125 15,13,743
11. Amortization of defense projeots___-- -----..-------- 1' 3 00
12. Federal income taxes-------------------- --------------- ,9,3,317 19,617.793 76:E41,7 1
13. Dividend appropriations:
13-01. On common stock --------------- 2,360,000 5,134,507 2,360,000 5,134,507
-02. On preferred stock.---------- ----------- 2,611,421 2,46,397 2,611,421 2,486,397
Ratio of income to fixed charges/ (Item 5+6-04)__. 2.2 1.52 2.31 1.63

All Class I Railways 'Class I Railways Not in
All Class I Railays Reivership or Trusteeship
,--ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balanoe at end of January I alanoe at end of January
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Met Income Net Deficit
of affiliated companies (Total. Account 707) ---... 540513456 $466.589.020 *5.246.560 49,883,720 Number of Amount Number of A
Amount Amount
21. Cash .-.....----------------------- ----------------------------------------71 20 726,58.OT, 7 reports reports
22. Temporary cash investments ,5--------_ .------ ------------------- 0Bp-79 2- --98; 1 01
21. Special depots 1 2, 24 1 7 ?4 $66.149,19 0 16.685
Special deposits.------------------------------------------------------------ 136,88,760 18, ,a nu 114y6 ,0 a ~ 109 *6311,2 6
SLoans and bills receivable-----...----------2 16,0T 1,020,996
Traffic and car-service balances-Dr....- --------- 41 7 6526 40,9 January 1942 91 29,582,843 38 5,636,875
Net balance receivable from agents and conductors ...... ,'a--- 0an; 23 71 ,6 ,43
S Miscellaneous accounts receivable cn s -------------- 1 9 211 18: 77,280 12S71:42 -
2 Materials and supplies---.---------------- i..0 t 31I 5
29. Interest and dividends receivable- --- ---------------- 43414 1 N ET INCOME ALL CLASS I RAILWAYS
30 Rents receivable _-------------------------- -------------------------- 1,3,0 2:1,058,36666 7 00
31 Other current assets .------ 14 -930,231 ,225,163 0,o47.920 20749489 MILLIONS OF DOLLARS
3. Total current assets (items 21 to ........------.---.... 3.111.321,314 1.899.708.303 2.4.1.084.466 1.506.913.295 s0
40. Funded debt maturing within 6 months ------..................-- 128,350,915 *108,248,639 (~0,052o632 t95,625,880 14+0 --
41 Loans and bills payable .--......(---- -------- 15. ~ 17,753 764,15 l1036 230,76, O -50
4. Traffic and car-service balances-Cr....---------1. 172:33 ,071,.0 16,0,9 8 40796
4. Audited accounts and wages payable...........-----------011,.07 -70- ,3706,271 0239 74,O 100 ---------- --
.iscellaneous accounts payable.------......... -------- 120,400221,8...... 2 8 4 57..........
SInterest matured unpaid-. ---,3 -------------1 ------------- -,------;,.09--l 3 2 O
6 Dividends matured unpaid...... ---------6O -------------- -----------
47 Unmatured interest accrued...----. -----... 69 ,85,046 74,118,631 '3,652,4 6 ,630,581
4 Unmatured dividends declared.....---.................. -------..........-.... 13.14 ,13 8 2 1 13 3 8 1 -
49L Unmatured rents accrued....... I9
113Unatre rnt acred-------------------------------------------1 84t$~' ~ 58833 15:2716
5 Accrued tax liability----------------------------_ 1-- ----- O 1 U?3 N9 4,
S Other current liabilities--...... ----.-- --.......... 6 96 53.69 9.5 4,.751.8
52 Total current liabilities (items41 to 51)-.... 1,861,533.,948 1.05o6.,894.4 1, .9,104 848480.0 ZO i
53. Analysis of accrued tax liability: O0
530 Other1. U. S. Govermenttaxes-nt--_ 77 72 27,169, 33,101 25,99 JFMAMJJASONDJFMAMJJASONDJFMAMJJASOND
53-02. Other than U. S. Government taxes----- 127,519,6613 13,271,617 ,405,792 90,702 941 1942 1945


/Represents accruals, including the amount in default.
/For all Class I Steam Railways the net income was as follows:
Period 1943 1942 Increase


3/For railways in receivership and trusteeship the ratio was as follows:
January 1943, 2.280 January 1942, 1.17.
4/Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due 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.
Decline for 1943 under 1942 does not represent a decline in dividend declarations,
it results from a variation in method of aooruals by the Pennsylvania Railroad.


3 months ended with January 12,609,600 *108,012,8 4
6 months ended with January 019 6
12 months ended with January 998,51 50.9102 l


_ _____~








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS, JANUARY 1943 AND 1942


N3T BAILWAT OFPEHAIIINX R L I Io1ZC DIIDED laJ RaLILI VT OPAINIxO M DEIA INo DITIDo D
Region and railway INCOM I TAXE APROU IAPPOP OIion and railva INC=O IT 0APP(BOPRIAICB8

1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 19431 1942 1943 1942


Wanted states Total ....... .


$105,339,659 $66,sn,554


$62,979,830 $23945968 $ T


$*19.ia7.793 1$4,971.4a 1$7.6209k I


Eastern District Total .................. 34.514.934 20,807,87 18,333,056 4,181,186 24,235,066 8,106,701 2,621,198 5,280,904

ov Inland Reion Tptal ................ 3.859.144 2,151,965 2,101,786 167.393 1,869,.43 381,521 95,700

Bangor and Arootook ...................... 179,024 181,529 126,533 121,929 93,000 57.054 95,700
Boston and Maine .......................... 838,902 477.973 432.750 66,823 316,000 47,000
Canadian National Lines in New England .... a 95.01 3 a 147.233 2366 -
Canadian Pacific Lines in Vermont ......... d a 89360.5 -
Centrl Vermont ........................... 7,7 3 60,14 97.38 .10 2
International By. Co. of Maine ............ 112,407 211,4 -
Maine Central ............................. 247,725 199.171 153,018 80720 116,610 57,167-
Bew York Connecting ....................... 147,773 141,060 70.547 62601 20,000 -
New York, New Haven and Hartford$*......... 2.423272 968,060 1,567.675 4,765 1,320,33 217500 -
tRtland* ................................ a 12.353 9,207 40.990 1941 -

Oreat Lakes oegion Total ................ 14,964,097 9,21,607 8,834.312 2.570,994 9,921.380 1,631.278 1,989,062 2,001.186

Ann Arbor ................................. 51.843 37,886 28,55 3,402 19,036 1,529 -
Cambria and Indiana ...................... 30,739 93,120 28.895 89,307 81,000 53.500
Delawre and Hudon ......................... 497761 3,978 209,765 217,831 152,000 50,000
Delaware, Lackavanna and western ......... 617,733 101.528 a 1 61 161.000 300 -
Detroit and Mackinao ...................... 9,776 646 1,o026 :' & 26 -
Detroit and Toledo Shore Line ............. 75,208 116,04 13 9 16105.19 ,991 46,889 20,000 20,000
ri ....................................... 1,635,305 1,462,147 862,867 706,506 1.7s8.7"' 437.753 1,969,062 1,949,961
Grand Trunk Western....................... 697,507 244,814 341.677 d 102572 41,666 -
Lehih an Hdson Rivr ................... 25.134 32,227 26,800 323 25,4 15,024 -
Lehigh and ew gland ..................... 1,784 71.375 492 43,10 40,184 19,63 -
Lehtgh Valley ............................. 963,492 300,511 363.753 29.4 272,000 -
Monongahela ............................... 87,315 99303 46,176 55 114,233 s7,315 31,225
Montour ................................... 63.69 43,321 60.749 39 47.711 2610
le York Central /........................ 6,937,484 3,178,567 4,683.297 409 2,987,400 140,0
Nov York, hicago and St. Louis ........... 1.094.731 1,020,986 710,577 635.212 1.836,100 230,000
New York, Ontario and Western** ........... 4 79.357 d 52. 186 d 162.161 -
Now York, Susquehanna and Wetern ....... 6936 43114 21,27 d 10280 15,33 -
Per* Marquette ............................ 20,636 326,319 36509 162,969 227.625 5,69 -
Pittsburgh & Lake Ari .................... 536,455 4 97 361,890 368,313 599.942 164,017
Pittsburg& Sham t ............. ......... 15.313 25,62 21 761 1 ,5-
Pittsburgh a Vet irginia ................. 136,945 141,5 .d6 69, 4731 22,810
Pittsburg, Shaw~rt and Northern .......... 7,591 4,5 4963 71 -
Vabash .................................... 866,997 580,720 996,561 4 1,376.408 276,779 -

Central Eastern region Total ............ 15,691,693 9.374,306 7.396.958 1,42,799 12,444.143 6,093.902 536.436 3.279.718
Akron, Canton a Youngstown** .............. 60,748 40,808 17,198 9,414 28,000 3,900
Baltimore and Ohio ........................ 4,813,368 2,741.952 2,637.834 470,543 2,021,000 240,000ooo -
Bessemer and Lake Brie ................... d 174 6 46.206 04 3 .
Central1.B. of Nw Jersey** ............... -379 2 -t o -- 9 d 4o -
htoo &a etern Illinois ................ 367,942 241,838 260,809 1,015 213,000 35,000 -
Chicago & Illinois Midland ................. 83,495 84,84 56,281 56,110 116,00 57838 -
Chicago, Indianapols and Louisville" .... 227,892 156,409 104,904 32,440 30,000 -
Detroit, Toledo and Ironton ............... 213,789 225,79 169,68 182,190 139,508 103.856 -
Eigin, Joliet and asterna ................ 129,755 509.543 70,04 444,569 309,600 170,000 -
Illinois Trinal ......................... 112,63 125,67 66,537 79.467 137.500 29,900 -
Long Iland .............................. 135.653 2,447 32353 65.7 -
xissouri-Illinoies ....................... 41.3 47:024 36,2 3085 74,000 30,000 -
Penniylvania .............................. 7.225,327 3,687,514 3.210,335 36.71- 7,442,631 4,629,146 2,743,282
Pennsylvania-Beading Seashore Lines ....... 167 ola 4 175.246 24119 a b 79 39,451 25,762
Readin ................................... 1.3691 9498 33566 385999 826,000 291,500 279,901 279.901
Staten Island Bapid Transit ............... 2,749 22280 25.53 -
Western Maryland .......................... 782,973 5172 530,847 251.444 350,000 130,000 -
Wheling and Lke. rie ................. 285.951 235,382 257.822 204,601 691,000 347,000 256.535 256,535

Southern District Total ................. 24,292,289 16,570,165 18,631,334 11,038,766 26,921,141 7,026,449 2.350,223 2.340,000

Pocahontas Reion Total ............... 6.060.697 5,572.471 5,270,181 4.747,930 9.057.545 4.316,079 -
hesapeake and Ohio ....................... 3,009,015 2,269,632 2,499,942 1,764,289 3,691,045 1.576.079 -
Norfolk and Wstern ....................... 2,050,902 2,263,289 1,960,823 2,13.843 3,700,000 2,000,000
Richmond, fredericksburg and Potaa ...... 339,037 316429 329,61 305,49 1,320,000 310,000 -
irginian ................................. 66143 723121 479555 539349 430000


Southern region Total ....................
Alabama Great Southern ..................
Atlanta and West Point .................
Atlanta, Birmingham and Coast ...........
Atlantic Coast Line .......................
Central of Georgia** ......................
Charleston t Western Carolina ............
Cinoinnati, New Orleans and Texas Pacific .


18.231.592 10997.694 13.361.153 6,290.836 17,863.596 2,710.370 2.350.223


.4 I. I. I


175.649
15,556
31.388
1,617,961
d 115.749
46, 798
254,489


460,000
108,714
50,000
3.750,000
152.15o
40,000
805,000


120,000
6.000
200,000
1,721
20.000
155.000


2,.340,000


10,223
-o -


SReport of receiver or receivers.
*e Report of trustee or trustees.
d Deficit.
SIncludes Boston & Albany, lessor to New York Central R. R.
SThe figures shown are without correction for the $347,522 included by the company in its report contrary to the instrations of the
Interstate Comrce Conmission. This amount reproents interest on overdue installments of interest.


Southern egion Continued.
Clinchfield ..............................
Colubus and reenville ..................
Falria last Coast" .......................
Georgia B. R. Lessee Organisation .......
Georgia 6 Frlodal .......................
Georgia Southern and Rorid ..............
Oulf and Ship Island .....................
ulf, Mobile and Oho .....................
Illinos Central ..........................
Louisrille and ashville .................
Mississippi Central .......................
aehrille, Chattanooga & St. Louis ........
lew Orleans and lortheatern ..............
lorfolk Souther ..........................
BSeboard Air Linee ....................
other ................................
Tenneee Central .........................
western y. of Aleama ....................
Tasoo ad Mississini Taller ..............


Veetrn Distriet etal ..................


Iorthnstern Rion Total ...............

Chiago sand orthWeatern*................
Chicago Great Westrn ....................
Chicago, nilwankes, St. Paul and Pacifio*.
Chiago. Saint Paul, Minneapolis and Oanha
Duluth, Miseab and Iron Bange ............
Duluth, South Shore and Atlantloe ........
Duluth, Winnipeg and Pacific ..............
great Northern ............................
green Bay and Western ....................
Lake Superior & Ishpeain ...............
Minneapolis & St. Loui'..................
Minnepolis, St. Paul & Sault Ste. Mari;e*.
Northern Pacifio .........................
Spokane International ....................
Spokane, Portland and Seattl .............
Central Wstern region Total ............

Altonae ..................................
Atohison, TopeLk and Santao Pe / ..........
Chicago, Burlington & 9incy ..............
Chicago, Book Island and Pacific" ......,.
Colorado and Southern ....................
Colored & Wyoming .......................
Dener and Bio Grande Western"* ..........
Denver and Salt Lak ......................
fort Worth and Denver City ................
Ievada orthrn ...........................
Iorthwester Pacifi ......................
Southern Paofice *.......................
Toledo, Peoria & Wstern ...............
Union Pacific .............................
Utah ...................................
Western Pacifieo..........................

Southwestern gion Total ...............
Beaumont, Sour Lake & Vestern ..........
Burlington Rock Island .................
Interational-Great Northernso ...........
manss City Southern .....................
Kanaas, Oklahoma & Gulf..................
Louisiana & Aransas .....................
Midland Valley ............................
Missouri and Arkansas .....................
Missouri-Eansas-Txas ....................
Missourl Pacifio** .......................
Now Orleans, Toas & Nezicoe* .............
Oklahoma City-Ada-Atok ...................
St. Louis, Brownsville and Mloo** .......
St. Louis-San Prancisco* .................
St. Louis, San Francisco and Texas ........
St. Louis Southwestern** .................
San Antonio, Uvalde & Gulf** .............
Texas and New Orlean .....................
Texas and Pacific ........................
Texa Moxioen ...........................


*534,636
12,736
671,60
362,067
20,666
88,338
40,725
496,606
2,821,983
1,960.,45
30,228
683,869
111,769

3.,52:.
2,.86,530

58.:456
715244


1439,348
9.659
192.695
177.520
15,457
36,025
7,976
253,147
1,692,349
1.7 .235
12,321
210,933
150,794
29,233
935.,13
2,645,603
25,704
35,a


$354.047
14,391
-- 43. 533
334,309

36.634
365.759
1,865,936
1,289,050
5.295
562,672
s7,133
28,382
2.421.854
16,214
16,25
z6:.
ZsaM


$260,162




7,:48
120.024
573,992
1,027.278

112
126 307
16,134
151.963
1,399.706
5,052
32.Mte
111.442


$57,888



122,000

365.800
1.359,000
3.871,220
13,660
369.689
363000oo
18,927
600,000
4.590,000
7,970
116,670
342.000


*42,184
4.500


8.000

53.934
458,805

34.668
50,000

725,000
2,653
14,000


46.532.436 I 29.433,511 26,015,40o ,726,016 136,787,o 4,614,643


-
-


-
-
-
-
-
-
*
-
*
2.340,000
-
-
-
*
-
-
*
-
-


- -I


9.718,667 5.312.4168 2.760.488 Jd1.850.072 4,299.5971 877.897 -


1,713,060
268,983
3,581,014
24,789
d 646.590
21,972
31,557
1.659,282
52,132

136,758
1,996,966
27,943
614.008


472,50s
170,470
3,004.388
49.993
A 1.249.770
51,292
20,626
1,.004,614
24,191

209,007
1,194,214
11,277
222.752


W4.2,67
180,165
1.737.761
35,235
d 921.100

da 1142




17,626
318.360


1.141,170








A 891
i T a-


700,000
125,000
1,677,000



905,000
10,500


857.539
a4,558
I


33,000

505.s97

95.000
7,000

37.00ooo
200,000


23.985,251 16,719,451 15,237.830 S,108,456 122,66.357 3,331.746


576,500
4,985,742
3.233,698
3.554158
257,301
23,910
1,737,451
126,192
211,755
14,493
60,132
5,574,187
177,022
2,919,492
18,294
514,924


353.112
4,262,226
2,0o3.30s
1, 652,001
81.273
31,533
628,217
129,.82
148,061
12.542

4.795.141
2,1456
16.430
205.991


430,469
4.190.382
2.532,525
2,484,250
157.719
17,053
1,241,219
82,402
130.369
15,045

176,752
2.878,832
10.901
243.824


206.475
3,400.917
1.34 .900
547.595
a Nov
12a,923
92,517
66,137
13,105




a 69.063


309,219
10,250,000
2,277,458
1,000,000
71.305
36,200

137,310
12.380

3,067.485
5.500.000
5,000
5.000
200.000


8,010
1,496,107
592,025

21,800
-

9,646

350.000
824,158
30.000


12,828,518 7,101,621 8,017,122 2,467,632 9,621,156 475,000


19,064

57, 853
986688
231,596
70,526
6,479
921,808
4,523,411
148,685
19,865
361,098
1.553.746
80,789
614,961

676:,40
99,292


183.,49


56,454
175.893
27,083
5.403
394,ooo
2.258,237
236,643
18,893
314 671
994,466
10,600
563,424
d 22.452
1.185.906
532,915
25.978


4.718

366 753
81,964
149.752
57.246
6,539
560.787
2,850.823

307,4o06
542,410
71,078
369,027
& 43.416
2,050,661
403,3503
87..366


169,351


41,250
92,781
11,075
5,2a6
5,071
568,796
8,594
17,059
260.770

1,47
318,571

29:1417
11,408


225,000

450,000
500,000
54.643
3.000
4,800
465.000
1,600,000
235,000
12.274
320,000
404,750
54,000
1,830.000
1,792,689
1,330,000


40.000
15,000
37,000
3,000



5,000


125,000

150,000
100,000


S I. -


- _I _________


c/ Includes Atchison, Topeka & Santa Te By., Gulf, Colorado & Santa Fe I.. and Panbandle & Santa re Ry.
/ Data given above covers Southern Pacific Company only. The net income of the Southern Pacific Transportation System
(Southern Pacific Company, Texas & New Orleans R. R. Co., and leased lines was $5,847,266 for January, 1943 and
$3.753,089 for January, 1942.
t/ Operated by Pederal Manager. Txes accrued do not include any provision for Federal Income Taxes in either the current
or preceding year. U 5 GOVERNMENT PRINTING OFFICE : 1943-0-475222


174,314
40,370
82,867
1,749,907
601,083
7.,61s
407,281


215,639
13.593
29.878
934.114
153.841
69,798
402,231


13,.713
42,438
84,975
2,.475,148
265,179
55,892
264,811


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Subject to revision


gC / Ste 3a-~v3


UNIVERSITY OF FLORIDA

3 1262 08851 1083


- -- ----- f~- '-)-----T~--~-r r~----rr-~ir~-f --7ii--r~-~l-ryrrr~-*~-rrrlmra~r~--rr~lr r__\glll-~--*PPl~~-- ~----~


UNIV. OF. FL LI-





U.S. DEPOffTOY


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

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Class I Railways Class I Railways Not in
Rs eceivership or Trusteeship
Income Items For the month of February For the two months of For the month of February For the two months of

1943 1942 1943 1942 1943 1942 1943 1942
1. Net railway operating income --------. -----------------. 106,073,070 $64,298,732 $211,412,730 $131,110,286 $78,030,722 $48,741,140 $155,653,322 $ 101,447,26
2. Other income .---.-4 1,------...---------------- 10,855;403 23,77,408 23669474 99 150 10,278,802 22,001,875 22,114
3. Total income ----------16,92554 75,33,:479 35,290,138 154779:760 87,969,872 59,019,942 177,655,19 123,561,380
4. Miscellaneous deductions from income...-........... ------.. 2,139,276 2,316,769 4,259,707 4,747,318 1,948,752 2,032,401 13898,203 4,268,80
5. Income available for fixed charges----- ------.. 114,789,278 73,017,710 231,030,31 150,032,42 86,021,120 56,987,541 173,756,994 119,292,576
6. Fixed charges:
6-01. Rent for leased roads and equipment.----,20-,7 12,233181 8,488 870 25,816,17 13 6, 11,42,37 26,830,49 24,272,809
6-02. Interest deductions/ --- ------------- 36,936,3926958221 81-2, 975 74 077 2,3 17~ 25, 196 371 48,13,074 50, 1 8
6-03. Other deductions .--------- -------126,872 117-195 2488 ,234:7 87,493 182,464 174 88
6-04. Total fixed charges -------------------- ,79,576 49,308,597 301,710,86 100,12865 37,8101,19 36711,301 75,825,997 09
7. Income after fixed charges .---------------.----- ,0O,702 23,709113 ,319,55 4,,577 ,219 961 20,276,240 97,930,997 982
8. Contingent charges---------- ----------- 2,230,894 2,193,328 1-4,520,947 4,142,823 1,468,921 1,431,355 2,997,000 2,918,876
9. Net income g/ -...---.. ------..----------.-..... 61,818,808 21,515,785 12479863 4511,754 46,751,040 18,844885 94,933,997 41,464122
10. Depreciation (Way and structures and Equipment)- 26,359,546 18,837537 52,905,837 36,590,228 21,247,201 15,618,813 42,705,727 30,753,559
11. Amortisation of defense projects -10..-. 10 798 4,041,608 19,860,870 7903,06 9,403,202 3,795,2 1,7 ,520 6,905,397
12. Federal income taxes-------- -------------------- 95,175428 26,43390 g03,118,739 46,247,116 79,76501 24,830,561 15646,584 44,191,056
3. Dividend appropriations: _1
13-01. On common stock.----------------------------- 15 4,988 12,738,588 17,4,988 150 58 1 4988 12,738,588 1769988 1098,588
13-02. On preferred stock...,------------- 2,600,500 2:583,473 5: 91 5,069: ; 7 5:211921 56870
13 OZ On preferred stock ;:: 2.503,1473 5,069,570
Ratio of income to fixed charges/ (Item 5+6-04)_.. 26 1._8 i 2.27 1.50 2.28 1.55 2.29 1.59

All Class I Railways lClass I Railways Not in
All Clas IRailays Receivership or Trusteeship
Selected Asset and Liability Items Balance at enof February ane t n of February ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS

1943 1942 1943 1942
SRailways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707) 544.723,587 466,729,5889 O.429.487 $450050,474 Number of Number of
21 Cash.-- 7-46,r701135 31--1-3,89 52.1--460,10----reports __7eAmount reports Amount
22. Temporary cash investments....---...-.............------- 977, 01,762 136,101795 R9,0_1,;66 127,910,4 2
S1,55,156, 75 2,7oo, 984
23. Special deposits........................................................- ....-365 16 91,96,317 146,245,88 February 1943 108 64,519,797 21 2,700,989
24. Loans and bills receivable--- ------------- -----.-- 35,35 1,25,746 283,260 1,092885 February 1942 94 26,888,15 35 5,372,830
25 Traffic and car-service balanoes-Dr._ ------- ------ 4,2 1 29,556147 36,381,397 26,014,934 2 months 1943 108 130,60, 2 5,811,206
2 Net balance receivable from agents and conductors -- 173,36 8,2 86,660107 1 2,164,707 72,204,282 2 months 1942 91 56,034,813 38 10,573,059
27. Miscellaneous accounts receivable sa spls- ----------- 481,391,059 234,481,525 ,754 69,110 185,878,679
28. Materials and supplies.-- ---- 507,2 457 499,808,867 47,92o,165 402o905653
29. Interest and dividends receivable --- ---- 17,813,901 17,723,327 16,311,132 15,941,602 NE' INCOIM E ALL CLAS I IRAILWAYS
30. Rents receivable- ..--- --.. ---------------------------- 1193,107 1,132,869 783,911 900,951
31. Other current assets----- -- ----------- 13.888.620 24.780.496 9.931.091 23.156.394 MdkILLOSIQN DOLLA S
3. Total current assets (items 21 to 31)------ 3.,406.928.088 1.962.852,198 2.651.378.045 1.554.720.850
40. Funded debt maturing within 6 months 4/ ................. 125,958.650 $99.711.707 $0306,639 $85,611 461 10
41. Loans and bills payable/---- --. --- ----- 15,927,203 42,402,142 1,603,100 4,120,676 I 0
42. Traffic and car-service balanoes--Cr .1----- ------ 36,598,371 62,237,076 8'8,883,776 45,203,274
43. Audited accounts and wages payable --------.-------. 38010,03 328,51,826 321,12,156 267 638,611
4. Miscellaneous accounts payable- ----- --------------- 79813.91 50,210,659 1:633 34579 9
45. Interest matured unpaid------------- 56809,71 ,6642 5464 7
6 Dividends matured unpaid................. ........... .... 3034,506 4,879 5 2 41 5 2
47. Unmatured interest accrued..................... ........ .803,959 833,87,5 5728 74,9 44
4 Unmatured dividends deolared......... .....................732,927 17,777,68 ,732,927 17,777,638 60
49. Unmatured rents accrued........................................... 23,783,919 22.572.658 1,782,995 20,782,075 0
5L Other current liabilities......................................63,545.249 55.2282892 7,872, 23 42,018,66 l
5. Total current liabilities (items 41 to 51)......... 2,037.545,623 1,095,621,421 1 .77.000o 00o 899.602,460 20-
55 Analysis of accrued tax liability: 0
53-01. U. S. Government taxes-----.......... .......1,032,870,142 255,285,842 91,0ol,97o 243,722,145 J PAMJJASONDJFMAMJJAO5NOJFIAMJJA30O 0
53-02. Other than U. S. Government taxes- ---------- 127,139,030 115,997,475 101,165,537 92,671,733 I41 -A42 I19o43


I/Represents accruals, including the amount in default.
2/For all Class I Steam Railways the net income was as-follows:
Period 1943 194 Increase
3 months ended with February I261.89936 *100,86,353 $161,036,016
6 months endedwith February 618,459,017 243,453,399 375,005,618
12 months endedwith Febrary 1,038,197.539 512.738.041 525.45 98


A/For railways in receivership and trusteeship the ratio was as follows:
February 1943, 2.22; February 1942, 1.27; 2 months 1943 2.21; 2 months 1942, 1.22.
4/Includes payments Of principal of long-term debt (other than long-term debt in
default) which will become due 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.
d Deficit or other reverse items.


Statement No. M-125
FEBRUARY 14S


INTERSTATE COMmERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR TWO MONTHS ENDED WrIT FEBRUARY, 143S AD 1S4


Page 2


mT BAIL AY iM *i2R2 1 0 sa3 IKOEm DITIDo ME 2 211 22 ALI1n aN1 U! T rBImnLo 1100w13 D1t2)
1N00m NO COX MaraI APPOPR=nI s cOB IT O3 8 AIIwsRATUsONS
Region sad ratMlr vRegan__ B rlr
1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 19) 13943 192.

Vrta. state total ..................... 2M4a.730 13 o,110.286 *2a4.9,638 6 45.6.,754 183,O18,739 T6,.247,16 2.9 6.909 20.168.45 saOnters smon Oontinued
.aster Distriot Tota .................. 6 779.72 2 40394.ga4 35,931.27 7.094.651 4.30.545 17.T26.790o 3.088.094 2.946.og053 oCaeus .o rle ................ $25.... 25646 1 129796 $1374. 19 ..900 *6.200
ninerilaB atet ** o...................... 1,,72890 6 1.253.314 203 03 s,975 -
a a eAegion otal ................ 7.304.172 4.955,309 3.750,192 1,03,561 3.765,236 911.825 1225,90 ora a. 1. .LseM Oreimation ....... 69. 375.580 o,1 271.,613 -
0eirg l.e l ...................... 30.163 20.283 100.24 102 -
Bnr and Aroostook ...................... 412.9 4.06 10,22 187534 2.1650 87,225 95,700 oer Sutmn a n orda .............. 178.309 8,258 9 250,000 1,--
tn a .......................... 1 717 278,233 643.000 175,000 Glf ad hp ad ...................... 42 620022 -
Odiaon eon IBn in I ...i. .... 4 .- o, oaf. .bile and O ..................... .97,.6 496: 228.19.800 9
Com an sPacific min in Tra ......... ntral ........................ 990702 3.4*939 4,5o9 1,25.26 2,59,00 1422,24-
Cntnal Vemint 667........................... 18,100 5.600 Louintlle aa IaillU ................... 0 3,.43 2,712,819 7 31440 1,719,510 $2,340000 2.340,000
International B. co. of sin ............ 253.6 353 Nlisslppit 0ntr ....................... 62,958 39.271 13.21 9,113 -
I.u n tral.. ............................. 4.1 403 25,774 165.0 193.820 109000 27.20 as-Inll, battan f & it. Luis .......... 1,276.826 385033 1,035.13 1 98 76.570 -
Nr York Connetiag ....................... 214,9 233. 60,31 7 5 Orleans ad Nrtheaster.............. 238,655 22,600 190,1 1 00 185,000
STk, vn an tter**........ 4,437,196 2525.892 2729982 66050 2,641,666 535.000 folk out .......................... 151,62 70231 69,1543758 101 -
No Yak. I.....d Ha........... so 2.52:892 2.T2.0f
lrlanS .................................. 425.371 13.- 7oard Air Line* .................... 7072,30 22 620 1.200,000 -
souther ................................ 5.60.77 4.514.09 3.396643 2,053.026 9.310,000 1,25000 2,596.00
reat l labs r msi A tf ................ 31.943.725 18.966.154 19,221,.54 5,666,16 20o,810.19 4,177,37 2,009,062 1.989,961 Tenuas otml ......................... 97.30e 37, 31 59,037 2 27,901 8479 -
S-.. .. of .,1I .................... .105.316 72,610 627 6. 243 17o1323 29.00 -
SAter................................. 7.260 77,293 0,619 0,01 27,00 8.130 mco and AMississippi Talley............. 1. 313 639.673 1.137.5 5T.500 _____- -
lonamw uan n M ....................... 1.. 1.16.7 1,12 5 366,000 14i0o00 v.ete Diatrat Seat .................... 924303,697 58,149087 53.032.277 18,411.791 79406.535 13.970,945 5.450.227 5450.227
iawn, Lann a and W teran ......... 1649,382 1,058,401 610.389 22,784 59.000 50,000 -
sto qn a .A.... .............. a a4 7.035 ert ster R s ttal ............... 20.676061 12,048,308 6,679.677 92.4046T 9.499.4 1,78i4.1 125,000 125,000
Detrei d telt se b bore Lin ............. 169.29 186,227 1 9798 1,4 90,150 4o0,000 40,000
* .......................... ........... 3.0.to 2.773.o00 1, 1 1.307 3. 3.o 70 o.19 1,969.06 1,949.961 aise -p rth Westr**.............. 3.23.19 1.3R l.77.9 e l. 1,670,0oo 75000 -
Orun runk Wrstan ........................ 1.333.905 370.333 96M24 .s 83.333 Oia art estwn .................... 6.1 361760 30,178 06 429.000 79000
L5h5523Ltn4 ................... 53 4 530318 .77. 51,13 an lf** 7.1.209 5.2410,157 4,109,172 12.494A575 3.670,000 72.000
Leme and Is anM ........................ 1,400 177.00 131.330 12,197 95, 101 547 Ohl ast Panl, nlum s ad ua b 5an 44,218 128,511 12, d -
ehT r V .............. 1.988.12234 774,653 781.979 3 414o 56000 Dauth ,i.issea ed Ind n Da ............ 1. -
nnmi ............................... 176,547 195.55 93,107 1,199 alutt, Sh bn a o ........
Ilnteo .................................. 12967 0.676 72 97305 463 Iolth. Wintp ag a .............. 27 -
w Tark cOtwal a. ...................... 15,67,01 6,37.11 10,710,937 1,47 6, o.300 t stu ........................... 30 2.067.6 1, 2 1,640,000 395000 -
Naw Trk, Ortbiea st. Louis ........... 2.155 2,226 1.38 14.507 3, 00 530,100 been B e Wtr ..................... .1 6223 110,24 7 21,000 14,000 125,000 125,000
sN T Onrk ota e t V.aten ........ j.. 4 9.44 L ," mr i- a .a a i I n.. ................. .* -
law York, S nqua nonam and vosWte ....... 67 67.o mane s a L t. Lols .................. -
Pne Iaruette ............................ ,. 788 479.39 58, ansponI, l. St. P Sot St.. uei*le 635,512 .75r 5 1,
Ptts ors' ake ra ........... 1..553 T 1.6.358 2r P tse .......................... 4,7., 3 2, 83 1. 1.87.4,56. 1 25,000
MPttburA- &Labt ....................... 0 a 19 13,221 -. s- ponu atmtional ... 73,6o 15., 72.7 -
Pitts ara West Tlrgnt ................ 267 256,27 ISW eI 9,232e 30.31 spond. ortlad stt ............. 1.175,04 1 5,007 -
pittsbrg., Bsamt s a sorther.......... 23.14 13.281 i 1 '28 -
k .................................... .713.57 1.200.3234 .. 2 94 7.350 Ct c Western R gota ............ 4,296,.o0 31,603,320 30.656.745 15. 21 ,020,510 10.2986303 5.325,227 5,325,227
Central Iastwa ion tal ............ 29.531,25 16.4725.91 12,959,695 389.874 24775.0o9 12,637,648 956,092 9566.092 Ato ................................... .114,35 57.619 m,8 281930 519,504 16020eo
A.teld a, o Top s Sante/ ..........9,7,247 6,42,43 13,260 5.121,20s 19,707,000 .130,000
Ar.n, Onatmon Toung1ton .............. 132.688 586 32.159 1.243 54.310 1.550 Chitoe, Brelgn A .,.. asy .............. 7.319214 5,, 2,17,0 5,269.068 1,288,01
lkme= si Mn ]k-l .. ....... ,, I.a 331..116 0. 42.99 .~~ .6~ o- 0m, Roc k.... an d .............9Z26 1O9 2#0-00
atilmoi and hio ........................ 9,917.656 5,6,9 5.521.5 966.40, 40 ook Isd nd P......... 324 3.1.52 51,4 16 2,0, -
Bassemera ink rt i.................... a 7 4 54 -Colraoeand Southern ..................... 49179 187.629 287, 139,206 -
Central i.. of Nwr .Tryr.e .............. 5102% 50o 4 ar & rWti .............*. 7122 5.170 33,6 6,000 -oo
cOhiaw se ter ninos ................ 401 374 54325 59497000 65,000 Denver and e nds Western"........... 2,430,027 1,174525 1, 47,72 166609 900,000 -
Ohisap & ~laloi Miulad ................ 0 1 14 1 238.500 176.23 De d alt Lab ......................2 15.97 166. 117 -
Chicago. a asol and Lui sI .... 55 66 30634 20973 5.2 .o ot ort e a D never City ................ .67,202 3.3 2967 1703 -
Itrot, Toledo amn ronon ............... 51,447 0,34 425.6 32449 339.285 19,699 srtha ........................... s.2145 2 7 2.5 25. 22,272 20,04
11i4, ol set andIm-tern ................ .20,106 504,993 89,645 375.264 598.839 588.000 rt otrP.a.ino ...................... 112,027 a 6 0.919 2.80 -
inlao. terminal ......................... 230,767 25,16 13371 15,0 271,900 57,100 sta S th eta is.......................... .133.479 ,1501,157 2,232.700 7,638. 1723.6442
o ta .......................... 4 4.5 7- Sothern Psrfia transportation artem */ 15,67.0 217 11.791.829 7,109.2225 2 11,4,767 2.2228 -
It-srlsI ."...................... 134.000 9,.00 0. t.. Peoi a Vestr V/ ............... U*395M 339 27 a
Pme.ania ............................... 12,01 5.711.955 3 .991,1 15 A .,7 0 9333,076 aon Paifale ............................. 6,54 4 0 6,1 4651 Uo000,000 2,074,1 5.325.27 5,325.227
Peaouira .-Reag Seashore Lina ....... a 2546 6 .2 402 78842 515 ................... ................... 2,822 13 14 10,000 -
aela n .................................... -2,179.20 1220 1.~aoo 6,50 699.550 699.557 t Poito .......................... 1.005,815 54423 43.43 375.90 30.000
s8te*m a Inu ipB Trasit ............... 147.304 3.055 -- -
v.str ua ni 2a. ........................ 1,473.36 7 9278 905,619 652.oo0 60oo000 yothaestern Beon Total ............... 25.331,5M 14,839.359 15,695.855 4,971,937 21,927,00 1,888594
Wheeling and Lake .................... 559.60 47,336 97,256 380553 1.288,000 631,000. 256535 256,535
-bemrt, Soa s Lake v.tn ........... 44,898 395.87 16,736 366777 425,ooo -
Sounthe pstrot tota ................. 1.329.311 32.224.,88 35,834 934 159955,32 54,361.659 514,49,3l 114368,58 11,772.178 BArlingn k -9landt t.................... 93.472 A a 6.4 7. -
at--t onas1-re est S orthanm ............ 820,225,878 17,000- --
0Pooshontas leaon ota ................. 11.531,15 9.1.377 9.930*,00 7so.09.506 17.722,162 7,s4, 9,.41.743 9.41.733 3 tOM oity sonmh- ...................... 1,090.76.T 1a.000,000 o,000 -
-----s ---- -..----------. OK~ ., ,., 1,, 2.n 8 .Ju3 32.................... 214,3414651,520 62,7~ 3 32,000
Chaseak and Oid s..............*......... 4 5.44 36.869.76 4 ,579 2,66.715 727,662 2, 1 5,95.535 5955 ...................... 421,65 35 2590 123 72000 119,000
Nortok ad v.ter ........................ 6 6 3.69.143 3,05.2 3. .9 7.225,000 3,o00.000o 3.516t,.20 3,516. lIana Tae. ........................... 2 57,354 67.326 4 6.720 3.000
hmaon, Ireraksbur ana o. ...... 62,11 65,32 1, 602743 2,215,000 610,000 -* issoul Ats ..................... 27,293 8,755 27,7244 18,00 9 -
ir ................................ 127139 1269,036 90342 99.060 803,500 65,700 Ielo i- aen ..................... 1,8s0,502 1,159. ,1 1 70000 -
Saothern lamn eotal ................... 36,798,196 22.743,508 25,9041314 12,1345)806 36,639,1497 6.564,00 4,956,115 2,360,5 NW r Oreans, eims &f M.ieo...................321.028 501.352 1S 819.9772 535.000 -
c Mho Olty.,&a.toak ................... 50,92 370296 .39 30,824 19,000 -
lab miw eat setham .................... 3 5 955 332,9 324,36 25U 863,000 36,00 St. Lou ..es, hran lle ad lae*....... 772,21 694,376 66 6 5, 795,000 -
Atlanta ent est Point ................... 395 .90 1.607 4161 201,55 1.000 st. Li-e 1.n F5aM.enso .................. 3, .2622 2,091.337 1,1" 1 17,6 9.750 -
Atl ata, Birm uan Cat ............. 15 7,070 160,3 s57 75.000 t. L s, Sn ranroisco and Tsu ........ 164.303 33,23 0 14 104,000 -
Atlantie Coast Lain....................... 3.01.591 2.625,995 3.665,477 2,797.808 7.500,o 50,000 St. Lois. SO .thesta ................ 170 1. 59.. 19 5.24 537.000
Centirl tof eres**...................... 1,.324 41.943 61 2. 304.315 32 b nAntonio, ae .............. a 62. a 103.. -
Oaleston a & vestn 0Carons ............. 1577 n110,641 ow00 40,000 STms as & s Orleans..................... 733 2,75 1.73 4,20,4 5,55 -
Ctinaiati. r sOrleand su T ePw fi. 9*06,357 753,7 620,902 6 0371 1.475000 376,500 20.445 20,545 s ad Piftie ........................ 1, 1,1136 97,212 775 2.49000 0,000
Olaohfela .............................. 955 759 37, 59610 476895 115776 369 T" Nnoa ............................ 2,117,005 2241- -


port of receiver or receivers.
* eport of trustee r trustees.
Inolads Boeston t Albanyer. I to owr Yeok OCnral R. R.
o he figoroe bom en withat oorreotion for the $~5ig Iaal1ded by the oowq in its report oobtrry too he lastrutios of the
Interstate Coomro Comisadot. hlts aount reproseats interest ovoerdAe lsstalla ts atf terest.


s Iludes Atohisue, Te.eTk & eat s h eBy, Gu0f. Colorado SIantas .,. sa Pauhedle a Santa e t y.
ot atast iluded in total. zaolomtes Sothurn Palfeo 0Coqma, ean and Is Orlmas R. Co., and leaMd liis.
Operated by 7etsral Msager. ates scorned do not Icluo* any provision for Ted ral lcon a sme n e othor the onrrat
or prena y e ar U, S GOVERNMENT PRINTING OFFICE : 1943-0-475222





c /s uject to revf,'

Subject to revision


DOC T



=UN. S9.TFL IS.
U.S. DEPOMTORY


UNIVERSITY OF FLORIDA

S111111111111111111 11111111111 INTERSTATE COMMERCE COMMISSION
3 122 08851 BUREAU O TRANSPORT ECONOMIC AND STATISTICS


Statement No. M-125
MARCH, 1943


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

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

Class I Railways Not in
All Class I Railways Receivership or Trusteeship
Income Items For the month of Maroh For the three months of For the month of March For the three months of
1943 1942 1943 1942 1943 1942 1943 1942
1. Net railway operating income... -.-.............--- ---------- 129, 7 7 -0,1,-3 1,059,67 1221,681,981 7 --68 4 (250,186,709 t1170,25,402
2. Other income ............................... -- .................. ... ... 12,05,85 5 1,932,63 231,900 1, 10762,5 33,056,3 32,876,517
3. Total income ..----.....-...-------....---- ....--.-- .....- ----. 1701,892 102,134,122 376,992,o03 25,913,881 105,587,827 79,572,539 283,23,023 203,133,919
4. Miscellaneous deductions from income-..---. ---- 2,541,461 2,59,206 6,801,170 7,296,524 2,266,160 2,174,549 6,164,63 6443,3
5. Income available for fixed charges.--.--- 139,160,431 99,58,916 0370190,860 249617,357 10321,667 77,397,990 277,078 60 196,690,56
6. Fixed charges:
6-01. Rent for leased roads and equipment----....----- 5,3,30 15,067,571 43,824,221 40,883,149 14,362,855 14,21,80o 41,193,314 8,474,618
6-02. Interest deductions/---..........--------............. .36, ,2 37,035,288 109,659,959 111,112, 0 24,537,388 25,148,708 73,350, 2 75610 489
6-03. Other deductions ...-- ---.... ------- 130,616 121,707 379,5 356,077 98,371 92,121 280 ,835 267,110
6-04. Total fixed charges 5------ ----- 52,152,828 5 224 566 5 1552 52,430 3 ,998,614 39,42,639 114,824611 114352.217
07389,8,617, 1114,8214
7. Income after fixed charges----------- ---- 87,007,603 47 36 0 216 327,15 97 264 927 64323,053 162 254 ,049 82,338,49
8. Contingent charges ----- ----------------- .............. ----------.. ,356,518 251 99 6 877465 6694 122 594 544 325 4 591:544 4 201
9. Net incomeg/-------------- --------- ----------------- -085 145109,051 20949720 90,570,805 62,728,509 36,46626 157 662505 77930,148
9. Net income 1", 051_/6 36, 64,O15 55 77,938o'
10. Depreciation (Way and structures and Equipment).. 26,545,996 19,695,10 79, 46,951 56,285,337 21,490,113 16,145,746 64,240,959 46,899,305
11. Amortisatlon of defense projects 10,486,118 5,466,91 30, 36,987 13,370,220 9,188,957 5,117,758 26,936,476 12,023,155
12. Federal income taxes-----......--.... ----- ----- 120,727,240 41,631,043 303,845,980 87,886,492 104,600,656 39,534,032 260,847,241 83,733,421
13. Dividend appropriations:
O. On common stock -- ---------------------6,21 2271 19,22,817 4,1 2271
13-02. On preferred stock ----------------2 -------------223 25961 3102 525963 2155:,093
Ratio of income to fixed charges 3/ (Item 5+6-04) .... 8.67 1,91 .41 1.64 2.65 1.96 2.41 1.72

All Class I Railways Class I Railways Not in
Receivership or Trusteeship
S,--ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balan at end of March Balane at end of MarchME-ALL CLASS I RAILWAYS
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707) -- 544.958,245 $464.740,713 520.568.795 $448.070.410 Number of AmNumber of Am
Amount Amount
21. Cash .... ..-------------- ----- -...... ...........-- --11064,618,686 735,817,040 759 ,093660 1,1810,855 reports reports
22. Temporary cash investments ---------------.- 9 8,071 127,65 11 ,76 6.16 ,388 69,021,58 0 2
23. Special deposits 1........ 709143,352 13, 552 1086,31 137 629, 8, Marh .** 6 '69, 21 47
25. Traffic and car-service balances-Dr......------,927 381, 4,98030 32 4794 3 mnth 13 109 217,0 20 8,97
26. Net balance receivable from agents and conductors- 168: ,784:824 93,813 138 117 2 77 789, 67 3 months 1942 97 100, 5,844 32 9,895,039
27. Miscellaneous accounts receivable..------ -----...........507,25921 245,200631 398,600,622 193,858,468
28. Materials and supplies. 515,212,263 519,589679 414,286,402 419320,852
29. Interest and dividends receivable---.......---... 46711 1 3 16,900,042 16,987,15 N ET INCOME ALL CLASS I RAILWAYS
30. Rents receivable--- ---------------------------------- 1,190,379 1.142,7% 907,082 892,963
30. Rents receivable................................ 190,37976 1 082 192
31. Other current assets ..--..-.... --....9.991- 242779- S10,.27816 23, 6 4.6 MILLIONS QF DOLLARS
32. Total current assets (items 21 to 31)------ 3447.4724 o990.684.68 2,666.6-2 017 1.553.75 21 0
40. Funded debt maturing within 6 months 4/.. 1---- 22.472.661 192.151.970 1107.491.286 (78.490.477 IO 40
41. Loans and bills payable / ------. ...- ------ 17,426,396 18,691,8 3,102,551 4,071,786 120 -- ---
42. Traffic and car-service balances-Cr.---- ---- 122,546,153 6 ,8 79,859,814 4443,49
4. Audited accounts and wages payable ------ ...--------------- 35 10, 30 016 289,099,227 245,373,765 10 l O
4 Miscellaneous accounts payable-- 85 71580 16028 61 602 3 4 391
4. Interest matured unpaid -------........----------------.....- 7,80 21 95 6 64 12 75,p3:873:670
46. Dividends matured unpaid ...........-------. 16 :766,6 1: 16428,939 i 28 O -----------------6 ------ --------
4. Unmatured interest accrued.----------- ---- -----...----------, 7 430 58-,756 62:44,:082 N
48. Unmatured dividends declared ---- 7 -- .--------..-------- ------- 102 77 101 547776 0 -------- -------
9. Unmatured rents accrued...... -...--- ................., 55 18:92 4 53857: /
0. Accrued tax liabilty..----.... ----------------------------................ ........ 1,1 20 399,881,062 100795867 28
1. Other current liabilities-..-- ------------------ 64.127.557 55:720 829 4776:532 .2. 7553
52. Total current: liabilities (items 41 to 51)....... 1.978.675.533 1.088.997.875 1.6,7.7,8.277 0,40oog42 Z N 20--
53. Analysis of accrued tax liability: 0
53-01 U. S. Government taxes.----..----..--- 1,019,806,494 283,658,757 908,977,006. 267,219,.85 JFMAMJJASONDJFMAMJ JASONDJFMAM JJASOD
53-0Z Other than U. S. Government taxes ------- 127,099,926 116,222,305 98,981,661 91,272,443 1941 194+2 194
/Reresnsaculicuigteaon ndfut


I/Represents accruals, including the amount in default.
2For all Class I Steam Railways the net income was as follows:
Period 1943 1942 Increase
3 months ended with March $ ,9,720 90,570,805 11,88,915
6 months ended vith Maroh 59,33 84 228,795,606 367 277
12 months ended with March 107 39.70 52251871 555.221099


2/For railways in receivership and trusteeship the ratio was as follows:
March 1943, 2.72; March 1942, 1.74; 3 months 1943, 2.39; 3 months 1942, 1.39.
4/Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of report.
5/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.
d Deficit or other reverse items.









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR THREE MONTHS ENDED WITH MARCH, 1943 AND 1942


MT RAILWAY OPBFETING NM IooNS rF arL INOOE N DITIM lNI RAILVWAY OPESATINGIW FE BBE IEH INCOME DITIMID
IN0OM~ TAs APPBOPRBITIO IrNOOI TI P S APPOPRIATIOW
Region and railway Region and railvra

1943 1942 1943 1942 1943 1942 1943 1942 194412 1943 1942 1943 1942 I194 1942

United States Total ..................... $341,059.767 $221,681,981 $209.449,7201 90,570,805 $303.845.980 187.886,492 $28.397.165 $24.407,596 Southern region Oontinued


astern District Total .................. 111286,346 73,094,457 61.589,704 23,491,377 87,546,025 34.400.551 3.841,930 3.784.320

New ngland Region Total ................ 12.627.182 9,406,426 7,239,401 3.574.925 6.266,779 1.988.125 122.940

Bangor and rootook ...................... 772517 540,3 619,803 364,665 431.650 166,725 95700 -
Boston and Mine .......................... 3,108,6 2.35,043 1.,42,449 1,085.738 1,352,000 595,000
Canadian National Lines in ne Anglanad .... d 109.77 395757 16--- -
CanadianPacific Lines in Vermont ......... 1 -
Central Yermont ........................... 2 19362 206,3 33,100 8o400
International S. Co. of Maine ............ 417,47 43,620 -
Maine Central ............................. 545,498 690,836 538.831 330,951 407.530 233.000 27.240
ev TYork Connecting ....................... 373.170 5051495 137,T11 269.20o6 s.000 -
Hov York, New Harn and Harttord* ........ 7.328,739 4,789.237 4,741,218 2,00006 3.962.499 985,000
Rutland .................................. 38.991 85,398 a 38.626 -


Great Lakes Region Total ...............
Ann Arbor .................................
Cambria and Indiana .......................
Delaware and Hudeon .......................
Delaware, Lackawanna and Western ..........
Detroit and Mackinac ......................
Detroit and Toledo Shore Line .............
Erie .....................................
Grand Trunk eetern ......................
Lehigh and Hudson River ...................
Lehigh and ew England ....................
Lehigh Valley ............................
Monongahela ...............................
Montour ..................................
Noe York Central a ........ ............
New York. Chicago and St. Louis ...........
New York, Ontario and Western* ..........
New York. Suquehanna and Westerne .......
Pere Marquette ............................
Pittsburgh a Lake Erie ....................
Pittsburg & Shawe( t .......................
Pittsburgh & West Virginia ...............
Pittsburg, Shawaut and Northern* ..........
Wabash ...................................


Central Eastern Region Total ............
Akron, Canton & Youngtownee ..............
Baltimore and Ohio .......................
Besseeer and Lake Eri ....................
Central RB.. of New Jersey" ..............
Chicago & Eastern Illinois ................
Chicago & Illinois Midland ................
Chicago, Indianapolis and Louisville** ....
Detroit, Toledo and Ironton ...............
Elgin. Joliet and Eaetern ...............
Illinois Terainal .........................
Long Island ...............................
Missouri-Illinois* .......................
Pennsylvania ..............................
Penneylvania-Reading Seashore Lines .......
Reading ...................................
Staten Island Rapid Transit ...............
Western Maryland ..........................
Wheeling and Lake Erie ...................


49.967.o3o 32.933.888 30,798,393 13,067.535 41,152.561 11,001,659 2.159,667 2,140.566


100,976
127,522
95s.461
1.77,689
d 11,731
311,873
2,418,56
803,549
97.352
235.323
1,520,707
167,399
175,164
16.101.419
2,282.639
d 423,O

1,237.421
1,102.871
dw
1 47,85'
4. 3


22.903
218.953
1,031,270
324.329

2,189,78

181,673
157.131
219.047
124,227
4.367.883
2,512,100
d 4225

5,124
d 41.428
d 4.234
-W, m57


68.984
242.468
703,o00
1.207,000
8,000
212,974
5.879,573
158.192
174,108
170,406
1.143.000
364.791
147,036
16,943.720
6,041.100
92,323
972,165
1,862.336
26411l
142.692

4.592.282


33.531
201,442
640,000
250,000

123,570
1.887.377
84,404
14,320
97,684
261,944
82,818
3,450,084
1,430,100

115.147
886,797
44,826

1.327,615


4s,692,134 30,754,143 23.551.910 6.s4s.917 40,126,685 21,410,767


66,863
9,693.150
d 695,442
400,607
871,682
181,803
489,224
653.558
182,642
206.053
d 502.936

6,899,643
d 6o_,19

1,529,556
773,861


25.495
4,010,827
d 68s4

130,9;
165,173
475,861
667,910
261,344
S 465.1189




662,927
528,728


106,610
6,063,000
---
867,000
408,300
90.000
491,972
1,056,108
453.500
194,000
24,552,926
121,220
2,542,000
58.792
1,042,000
2.034,800


30.350
1,395.019
d 1.6g0

100,000
275,000

296.770
973,000
84.100

92,000
15.270,947
79,161
1.283.,100
450,000
1,083,000


6o,000


60,000
1,969,062

70,605


1.559.323












1.,049.496

509.827


60,000


60,000
1,949,961
70,605


1,643.754










-

1.049.496

594,258


Southern District Total ................. 76,169,304 54,381,960 56,867,771 35.367,996 89,173,510 25,686526 15.160.599 12.564.189
Pooshontas Region Total ................. 17,913.260 15.539,141 15.547.117 13,023.983 28.614.507 12,990,772 10.193.531 10.193.521
ohesapeake and Ohio ....................... 9257.740 7,348.266 7.727,130 5.813.163 12.513,040 4,330,080 5,895,535 5,895.525
Norfolk and Western ....................... 5665.022 5.201,382 5.387.579 4,813.218 11,350,000 6.575.000 3,516,208 3,516,208
Richmond, Predericksburg and Potoean ...... 1,101,632 1.085,345 1,092.225 1,048.676 3.411.967 1,049.292-
Virginian ................................. 1,888,66 1,94,48 1.340,183 1,348,926 1,366,500 1,0361400 781,788 781,7


Southern Region Total ...................
Alabama Great Southern ...................
Atlanta and West Point ....................
Atlanta, Birmingham and Coast .............
Atlantic Coast Line .......................
Central of Georgiae* .....................
Charleston & Western Carolina .............
Cincinnati, New Orleans and Texas Pacific .
Clnohfield ...............................


58.256.0o4 38.4.2.819 141.320.654 22.344,013 60.532.003 12,695.754 4.967.065 2.370.668


569.848
130.482
252,411
5.786.367
1,219,17)4
215,603
1,128.753
1,013,734


388,704
71.940
23,046
4,794,105
125,202
150.540
806,040
748.967


1,415,000
324.566
200,000
12,000,000
556,473
120.000
2,380,000
173.665


641.000
58.000
788
850,000
5,163
65,000
776,500
126,553


30,668


30.668


Columbus and Greenville ...................
Florida lat Coaste ......................
Georgia 1. B. Lessee Organisation .......
Georgia & Florida* .......................
Georgia southern and florida .............
Gulf and Ship Island .....................
Gulf, Mobile and Ohio .....................
Illinois Central ..........................
Louisville and Nashville ..................
Mississippi Central ......................
Nashille, Chattanooga & St. Louis ........
Nev Orleans and Northeastern ............
Norfolk Southern ..........................
Seaboard Air Lines* .....................
Southern ..................................
Tennessee Central .........................
Western Hy. of Alabama ....................
Tasoo and Mississippi Valley ..............


$4o,707
2.739.241
1.059.032
's,273
256.171
9.066
1,362.271
9.090.974
6,421,462
89,507
2,074,003
331.434
254,514
11,221.608
8.358,762
173.845
163,600
1.49q.072


$3.604
1.297.773
608.005
25,272
161,752
570350
796,488
5, 70409
5.479.394
66,358
639.044
318.427
159.421
4,395.301
7.266.019
75,036
112,867
2.490.590


.45.320
2,030.614
914.723
d l49.04
186.971

6.265.930
4,400,503
15,085
1,710.302
261.307
131.681
7.902,197
4,9214,36
115,629
154.123
1.123.604


$6,077

a 1

51.484
39,.757
2.094,037
3.348,.09
d 11.

243.547
119,735
2,042,499
3.575.312
14.635
103,2
2.006.813


$30.300
1.319.975

461,000
1,401,800
4.769,000
13.956,660
40,446
1.173,074
1.099,000
87,788
2,200,000
15,500,000
51,232
295,274
976.750


$21,280


51,500
159,986
2,685,244
3,408.615
159,164
365.000
8,500

3,225,000
3,461
85,000


$2.340,000




2,596400
2,9. 0


2,340.o000


Western District Total ................. 153,604,117 94.205564 90,992.245 31.711,432 127.126.44 27.799.,15 9,394,636 8,059.387
Northwestern region Total ............... 35,289.217 20.632.891 13.972.881 d1.275,145 15.520.199 3.944,536 353.819 232,100
Chicago an north Western** ............... 6,557,157 3,243.635 2,720,406 d 684,1 3,o.0 ,000 150,000
Chicago Great Western ...................... 860,197 610,014 597.367 39.16 8583.000 223,000 228,819
Chicago, Milwaukee, St. Paul and Pacifico* 13,573.712 7,519,201 8,003,329 1,888,375 4,656,000 1.58,000--
Chicaso, saint Paul, Minneapoli and Oatha. 998.07 336.598 378,499 d 2 512 -
Duluth, Misabe and Iron Range ........... 2.67.690 a 2 17 -
Duluth, South Shore and Atlantio ........-- d 5.35 -
Duluth, Winnipeg and Pacifie .............. 41. 49,027 -
Grnat orthrn ........................... 5.125,00 3292111 9133 3,190,000 1,195,000 -
Oren Bay and etern ..................... 164,,41 105.149 173.415 31,500 21,000 125,000 125,000
Lake Superior & Ishpesing ................. a 272. 2470.8 1264 107,100
Minneapolis & St. Louise .................. 1.606,97 5l9l I i 50,000 -
Minneapolis, St. Paul & Sault Ste. Maries*. 1,153,424 1,021,2 d 1.10.41 235.760 115,645
Northern Pacifi .......................... 6,613.183 4,.21.101 325, 3.258.,81 650.000-
Spokane International .................... 99,43 31,403 68.760 2023 175.458 1,891 -
Spokane, Portland and Seattle ............. 1,940.440 1,038.526 1.082,583 U.O--


Central Western Region Total ...........
Alton"* ...................................
Atchison, Topeka and Santa Fe e/ ..........
Chicago, Burlington a Quinoy .............
Chicago, Bock Island and Pacifio* ........
Colorado and Southern ....................
Colorado a wyoming ........................
Denver and Rio Orande Vestern** ..........
Denver and Salt Lake ......................
Fort Worth and Denver City ................
Nevada Northern ...........................
Nortlhwetern Pacific ......................
Southern Pacific ..........................
Southern Pacific Transportation System .
Toledo, Peoria a Weetern / ...............
Union Pacific .............................
Utah ......................................
Vestern Pacific"* .........................


Southwestern Region Total ...............
Beaumont, Sour Lake & Westerns" ..........
Burlington Rook Island ..................
International-rnat Northern- ...........
Kansas City Southern ......................
Kansas, Oklahoma & Gulf ...................
Louisiana & Arkansas ......................
Midland Valley ...........................
Missouri and Arkansas ....................
Missouri-Kansas-Texas ....................
Msouri Pacific .......................
New Orleans, Texas & Mexicoe ..............
Oklahoa City-Ada-Atok ..................
St. Louis, Brownsville and Mexico** .......
St. Louis-San Francisco** .................
St. Louis, San Francisco and Texas .......
St. Louis Southwestern** ..................
san Antonio, Uvalde & Gulf* ..............
Texas and New Orleans .....................
Texas and Pacific .........................
Texas Mexican .............................


80,099.471 48.308,121 53,216.371 22,528,811 76.479.906 20.0os.632 8.965,817 7.752,287


1.724.754
14,995,03
11.995.,
11.962.:89
768,449
70,266
3.944662
312,908
765,466
41,875
152,699
18,027,803
25,401,840
546,077
12,8880,44
50,589
1.849.40


832.674
11.476,042
5.835.994
5.649,407
371.644
89.520
1,97h,441
255,108
507,177
38,226
d 71.577
16,902,833
d .68
27,290
1,236.286


1,289.177
12,575.641
9,920,481
8,818.028
543,100
49,963
2.473.819
233.398
425,613
43.435
d 182,270
19,442,273
535.750
12,609,166
28,313
1.035.172


383.885
8,76d,873
3.590.903
2.310,151
156,007
69,12
463.340
143.151
167.591
39,821
d 411,519

10,608.767

4.9291
390,098


921.699
30,425,000
8,659,487
3,000,000
232,525
99,200
1,600,000

494,998
29.283

13.177.714
19,805.046

17.000,000
18,600
*m1 .4&0


24,030
8,123.000
3.624,.343





32,5142

4,139,942
5.860,186

4,074.158
30,000


38,215,429 25,264,552 i23.s2.993 10,460,766 35.126.3o4 3.766.247


297,468
138.793
1.225,663
1.719.445
317.267
602,823
142,077
46,619
2,674,881
11,883,669
483.947
69,617
869.700
5,562.,88
238,055
2,079.870
d 9.310
7.374-037
2,271.936
225.984


637.125
28,162
354,536
1,373,764
137.979
583,095
71,079
26,500
1,717,948
7.167.196
844,873
66,734
1,108.509
3.569.649
36,042
1,929,607
d 103.555

1,793,030
107,369


255,939

1.176.797
266.638
361.315
60,242
47,599
1,600,977
6,876,942
d 195.054
710,069
2,528,718
209,313
1.359.048
S 562.2

185.6g4


-L U S I. S L .L _______


594,104
d 166.241

89,430
333.089

574.679
2,110,495
99,573
57.837
57742
7.752
1.196,.454
d 164,074

953.280
69.019


461,000

1.351,000
1.500.000
189,572
1,071,500
49,289
34,800
1,374.000
8,800.000
807,000
55.412
1.445,000
1,800,000
156,000
5,438,000
6,627.332
3.966.435


67
180,000
50,219
222.000
2.911
9
-!

34.300


1,132,883
1,720,244
423.614


3,640.590










5.325.227


75,000


75,000


2,427,060










5.325.227


75,000


75,000


* Report of receiver or receivers.
** Report of trustee or trustees.
d Deficit.
/ Includes Boston & Albany, lessor to New York Central R. R.
The figures shown are without correction for the $1,053,692 included by the company in its report contrary to the instructions of the
Interstate Commerce Commission. This amount represents interest on overdue installments of interest.


of Includes Atchison, Topeka & Santa Fe By., Gulf, Colorado & Santa e RBy., and Panhandle & Santa fe By.
Data not included in totals. Includes Southern Pacific Company. Texas and New Orleans B. B. Co., and leased lines.
Operated by Federal Manager. Taxes accrued do not include any provision for Federal Income Taxes in either the current
or preceding year. U S. GOVERNMENT PRINTING OFFICE: 1943-0-475222


Page 2


170.760
135.222
1.940.351
2,920,915
13.193
293,015
4.769,191
1,923,066
91.937
314.993
3.290.613
292,911
185,114
23.1954,154
3.444.833
d 94.022
287,125
1,827.973
1,660,551
64,583
416,632
42,213
2,781.707


105.485
230,550
2,002,173
1.882,564
25.123
256o043
4,436,588
576.68
127.964
266,026
1,796.464
349,618
135.548
12,325.606
3.674.433
d 88.725
142.393
998,317
1,218.237
72,220
382.313
33,710
1,9N8.553


244,691
16,336.471

1,172,490
261.718
843.621
786.344
361,295
344.475
d 25836
18,944,618

222,263
2,267.273
870,288


146.466
10.793,495
d 236.402
1,076;.453
534,181
215,161
522,682
605.079
863.905
402.190
39.328
133,769
10,495,077
d 5.2.377
3.666,172
d 46,271
1.,51.637
632,898


507.251
65,763
20,862
5,130,103
938,536
219,997
1.248,393
1.288,804


673.373
124,477
247,019
5.979.620
2,290,406
284.705
1,555,448
1.557.454


i i ----i -1 -1 -- i i -- i i i


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LL


:LL


I I


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UNIVERSITY OF FLORIDA

Subject to revision ORAII BIII INTERSTATE COMMERCE COMMISSION
3 1262 08851 1109 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-12
APRIL, 1943


UNIV. OF FL LI.





U.S. DEPOC1TOAY


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

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Class IClass I Railways Not in
All ClassI Raiays Receivership or Trusteeship
Income Items For the mon of April tVr the four months of For the month of April For the four months of

1943 1942 1143 1942 1943 1942 1943 1942

1. Net railway operating income-.....--.....-.........-.................. $127,059,362 101,596,297 $468,119,129 323,278,276 93280,341 $78,609,731 3, 7,050 248,67,132
2. Other income ..-----.. -----------------.----12,3,954 11,6 581 ,,8371,219 46,913,483 11,228,96 10,778,203 285,011 43,65,721
3. Total income ---.~..-- --------~.. ......139,498,6 113,277,78 516,490,348 370,191,759 104,509,037 89,387,9 387,7 061 29521,853
4. Miscellaneous deductions from income-..--. ----...---...--- 2,676,434 2,601,047 9,477,606 9,897,570 2,191,205 2339,33 8,355,570 8,782,726
5. Income available for fixed charges----------- 136,821,882 110,676,831 507,012,742 360,294,189 102,317,832 87,0,5 79,396,1 283,739,127
6. Fixed charges:
6-01. Rent for leased roads and equipment... 15,131,52 13,722,02 955,77 54,605,782 13,96,677 12,853,084 55,15l4 92 51.327,702
6-02. Interest deductions /.......- ... .---3.. 5,950,2 37,030,693 145610,247 148, ,296 23,864,382 25,222,131 97,218 100,832,620
6-03. Other deductions------..------------ .- 120,130 113,850 499,6 ,927 87,913 84,262 368,71,372
6-04. Total fixed charges ---------------------- 51,201,94 50,866,575 205,065,618 203,19,005 3 1392 38,159477 152,738,582 152, ,694
7. Income after fixed charges --.--.-- .---------------. 85,619,939 59,810,256 301,9,12 1570518 ,8 ,889, 226,, 131,227,33
8, Contingent charges_. -------......-- 2,718,685 2,333, 05 9 596,151 9,027,727 1, 9,711 1571631 6 5979
9. Net income 2-- ---- ----- --- 892,901,25R. 57,4.76,651 292,350,973 148,047,457 62, 7,149 147,317,453 220,109,653 125,247,61
10. Depreciation (Way and structures and Equipment) 26,627,524 20,744,317 106,128,362 77,029,64 21,483,626 17,136,816 85,724,575 64,36,120
11. Amortization of defense projeots--....-- ....- ------...10,318,632 6,293,227 4,665,19 19,663 7 9,376,829 5,935,563 ,313,304 17,95,718
12. Federal income taxes-.. ....------- ---.122,382,770 53,270,024 46,228,750 4,1,56 105,394,734 5,2,907 366,241,975 13136,328
13. Dividend appropriations:
13-01. On common stock-...........----------..---- 082 270,000 2,24,284 19,522,803 33,082 270,000 23,25,24 19,522,803
13-02. On preferred stock--............-----------990 78,185 ,378,953 5,933,278 852,990 778,185 6,378,953 5,933278
Ratio of income to fixed charges/ (Item 5+6-04)... 2.67 2.18 2.47 1.77 2.70 2.28 2.48 1.86

All Class I iClass I Railways ss RailwaysNot in
All Class I Railways Receivership or Trusteeship
ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS/
Selected Asset and Liability Items Balance at end of April Balanoe at end of April
1_943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707)-- 551,403963 46 .745.592 L 5 .441; 89 447.818.210 Number of Aoun Number of mount
Amount Amount
21. Cash---...-...---..... ....---- ...--......------.---- 1,029,649,859 799,887,773 746,119,898 581,252,125 reports reports
22. Temporary cash investments-......-.......-- ..-- ....---...---- 1,159,891,049 135,98,227 924,915,090 126,500,1
23. Special deposits -... 156729,098 155,450,146 109,996,28 109,248,589 April .. 1943 114 84,154,765 15 1,253,511
24. Loans and bills receivable--..----------02,228 1,1,6 279,071 99199 April .. 1942 108 59,299,178 2 1,822,527
2i. Traffic and car-service balances-Dr-.--- -----....- 39,586,065 3,979,741 32,19,107 32,58,4 4 months 1943 109 301,556,212 20 9,205,239
2. Net balance receivable from agents and conductors 159,9,039 96 89 1 ,325 531,03 4 months 1942 102 155,932427 27 7,88,970
7. Miscellaneous accounts receivable-- .------. ----. 535,63,7 2 7,26, ,88 42,956,368 211,904,030
28. Materials and supplies ------------ ------------- 5 1-- 1 528837,930 4 ,7 426
29. Interest and dividends receivable- ........ -2 02 20 122,_ 1 90 9 1831816 NET INCOME ALL CLASS I RAILWAYS
30. Rents receivable..--......------------------------- 1,1 1,121,418 895,1869,626N
31. Other current assets ...-.....- .......----------------------------------------- .... l. i ILLIONS OF DOLLARS
32. Total current assets (items 21 to 31) --------- 3,646,404,964 2.070.394.630 2,813,745.928 1,613,857.907
40. Funded debt maturing within 6 months /--.------------- t164.253.103 $93.193.779 815'.103.386 881,135.385 140 ---- -
41. Loans and bills payable/...------- ----------------- 16,894,607 17,641,53 2,600,000 3,27136 0
42. Traffic and car-service balances-Cr.--.-------- 129,520,44 74,447,178 8019,635 55,56,60
4. Audited accounts and wages payable ...................---.. 379,785,85 310,319,88 306 ,28 28 249,895,434 -
Miscellaneous accounts payable.......................--------------- ,822 52,920, 76 8,220352 35:47001
4. Interest matured unpaid -----56, 28,812 9,0 ,7 55 48,98so0,396 4,478,359
.Dividends matured unpaid---:.-... ----.. ---.-- ------ .2, 27, 2,167,777 2,q38,336 1,81i 8 5,515 60
47 Unmatured interest accrued---- --. ---------. 67,660,389 75,640,487 63,192,158 64,944,149
.Unmatured dividends declared. 8,3,1 5,I 5,24 8,213,031 5,4145,248 60 -
49. Unmitured rents accrued .... 27,75,92 6,231,700 24,021,968 23,979,218
50. Accrued tax liability 1,271,679,19 466,990,745 1,1.6,998,786 422,070,332 40
51. Other current liabilities .. 68'781.112 6.086.r.. 0 .476A.L 4 4.147.703
5. Total current liabilities (items 41 to 51)-_...... 2,112,274,531 1,157,332,147 1,745,685,344 949,540,800 o- -20
53. Analysis of accrued tax liability: 0
53-0 U. S. Government taxes------------- 1,145,021,729 353,564,41 1,017,756,299 333,824,959 JFMAMJJASONDJFMAMJJAS0NDJFMAMJJA5OND
53-.S Other than U. S. Government taxes.--- ---- 12,657,290 113,426,334 99,242,487 88,245,373 1941 1942 1943


I/Represents accruals, including the amount in default.
2/For all Class I Steam Railways the net income was as follows:
Period 1943 1942 Inerease


3 months ended with April
6 months ended with April
12 months ended with Aprl


$229,371,143 ($124,101,489 $105,26,654
541,980,7~ 232,114332 09,866,4
1.iot.16:17 2696 02 .467.


3/For railways in receivership and trusteeship the ratio waas s follows:
April1943, 2.60; April 1942, 1.86; 4 months 1943, 2.W; 4 months 1942, 1.51.
4/Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of report.
/Includes obligations which mature not more than 2 years after date of issue.
6/Excludes reports of 3 roads whose net income (or deficit) was absorbed by
the controlling company.
d Deficit or other reverse items.


.-.. E 1 2[ a W f- I ,


I


_ ,









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS


FOR FOUR MONTHS ENDED WITH APRIL, 1943 AND 1942


NW EAILWAY QPERATING NW INCOME HEBRAL INCOME DIVIIIIIND Est BAILWAY OPERATING NW INCOME FEDERAL INCOME DIVIEElrD
1500@$ TAIES APPSOPRIAtlGliS INCOME WAXES APPROPRIATIONS
Region and railw@ Region and railway

19 3 1942 19k) 1942 194) 1942 194) 1942 1 3 1942 19k) 1942 194) 1942 194) 1942

United states Total .............. $465 119 189 $323 278 276 $292 350 973 $148 047 s


-.. ... ... ...*-.. 9.4 1 1 j1L .~, 19e sca. I .5* bu
Ustern District Total .................. i5s,M61,882 114.6&.T50 92,T65.330 49.209,697 125.179.415 56.344.8321 4.4T5.1461 4.590,756


New P~gland Region Total ...............

SBangor and Aroostook ......................
Boston and Maine .........................
Canadian National Lines in ew ngland ....
Canadian Pacific Lines in Veront .........
Central ermont ..........................
International My. Co. of.Maine ...........
Maine Central ............................
Hew Tork Connecting ........;..............
New Tork, New Haven and Hartford** ........
Butland ................................


Great Lakes Region Total ................

Ann Arbor .................................
ambria and Indian .......................
Delaware and bdoon .......................
Delware, Lackawanna and Western ..........
Detroit and Mackinao ......................
Detroit and Toledo Shore Line .........**
rile ......................................
Grand Trunk western .......................
Lehigh and Budson River ..................
Lehigh and New angland ....................
Lehigh alley .............................
Monongahela .............................
Montour ...................................
Now Tork Centrals .......................
oew Tork, Chicago and St. Louis .........
New York, Ontario and Weetern" ..........
New Tork, Suequehanna and Western* .......
Pre Marquette ............................
Pittsburgh Lake Erie ....................
Pittsburg & Shawrt .......................
Pittsburgh & West Virginia ...............
Pittsbur.g Shawmut and Northern* ..........
Wabash ....................................


Central eastern Belion Total ............

Akron, Oanton & Tomlactown* .............
Baltimore and Ohio ........................
Bessemar and Lake Irie ..................
Central R.R. of New Jersey* ............
Chicago & akatern Illinois .................
Chicago & Illinois Midland ...............
Chicago, Indianapolls and Louirville** ...
Detroit, Toledo and Ironton ..............
lgin, Joliet and astern .................
Illinois Terminal ........................
Long Island ...............................
Missourt-Illinoise" ......................
Pennsylvania ..............................
Pennsylvania-Reading Seashore Lines .......
ending ...................................
Staten Island Rapid Transit ...............
Western Maryland ..........................
Wheeling and Lake rtle ...................


18.115,45 114.232.134 10.953.905 6,503.519 .512.522 3.590,192


781.301
2,679.389
a 560.825
d 1
d 225.607

740,590
137.739
7,41,534
a 17,216


505,988
1.919,308
d 402.395

d 218.817

433.572
396.974
3,833,783
35,106


547.650
1,99.4000

48,100

559.440
110,000
5.283.332


339.725
1,140,000


11,200

305.157

1,794.110


163,800


95,700




68,100


68,158.306 147,305,14 42,522,887 20.595.994 60,33.495 21.233.730 2,215.587 2.160,566


193,963
1:,235g
1,470.257
2,104,102
d 16.584
379.48
3.666,213
1. 071.856

345.378
2.297.981
202.298
238,532
21.229.976
3.072,174

1.746.148
1.506,550
d 61.677
381,785
10,995
2,733,116


4 -- 4 4


44,173
235.730
1.463.117
954.328
d 2

3.524.749

253.876
626,94&
319,077
203.327
7,395535
2,.638,66
d4 328


1,259,590
d 3526
298.75
3.303
1,498,511


323.468
1.037.000
1,786,000
12.000
258.050
7,.93,500
.408,192
255.601
250,101
1.920,000
486,389
195,883
26,195.120
8.173.300
102.066
1,595,278
2,640,427
36,621
224,214

6,356,910


274.942
1.015.000
670,000

14,675
2,879,322
154.404
172.382

349,258
135.551
7.31,0455
3,585.100

236,785
1,606,272

60,475

2.122.075


60,000


80,000
2,004,982

70,605


60,000


80,000
19.94961

70,605



-


72,588,131 53.127.452 39.291.58 21.110.174 56,332.798 31.520,909 2.095.759 2,430,190


101.069
14.719.352
d 940.71
321
1.228,888
244.478
697031
818,750
264,741
276,641
d 6.35.9
137.636
14,606,639

I o66
1,999.066
1,062,689


33.264
6,562.538
d 41.33

235.24
156,627
239,445
566618
993,201
371,288

7.549
a 1.7.3
3.55.
967,243
698,400


166,110
8,459.4 9
150,:
1.217,000
553.300
120.000
602,499
1,433,602
660,400

265,700
34,905.555
166,588
3,463.193
69,095
1,361,000
2,744.800


42,650
2.360.754
23,025

135,000
396,000

357,940
1.354.980
130,800

132,000
21,709,872
o08,788
2.319,100

730.000
1,720,000


1,329,397

766.362


250,000



1,329.397

850,793


Southern District Total ................. 100,836,870 76,032,841 74.668,172 50,252.304 123,129.995 43,248,561 15,656,355 12,805,938

Pocahontas Region Total ................ 24.166,697 20,871,489 21.016,007 17.515.958 39,073.496 21,201,522 10,423.083 10,4250148

Chesapeake and Ohio ....................... 12,455.738 9.865551 10.40,.919 7.809.295 17,202,729 8.679,026 5,895.535 5.895.5*5
Norfolk and Western ....................... 7.824,17 6,872.476 7.466,067 6,361,569 15.450,000 9.725.000 3.740.563 3.742.538
Richmond, Fredericksburg and Potomc ...... 1.404,024 1,607,722 1,389,855 1,559,201 4,651.967 1,553.396 5.197 5.197
Virginian ................................. 2,42.,118 2,525.740 1,751.166 1.785.893 1,768.800 1.24.100 781.708 781,788


Southern Region Total ..................

Alabama Great Southern ...................
Atlanta and West Point ...................
Atlanta, Birmingham and Coast .............
Atlantic Coast Line .......................
Central of Georgia*" .....................
Charleston & Western Carolina ............*
Cincinnati, New Orleans and Texas Pacific .
Clnchfield ...............................


76,670,173 55161.352 53.652165 32.736,346 84.056.499 22.047.039 5.233.272 2.38o,890


738,070
174,656
373,264
6,978.971
1,684,900
299.019
1.289.176
1.335.507


526.467
120,979
53.710
. 6.,84.676
314.838
218,936
1.o30o.947
1,044,828


2,060,000
435.995
275,000
17.000,000
80.,631
160.000
3.324,000
231.553


1,071,000
97,000
788
1.600,000
6.884
90,000
1.311,500
168,738


40,890


40,890
*
[.O 8


bout s Regon- CY continue
Columbus and Greenville ...................
Florlda East Coasts" ......................
Georgia R. R. Lessee Organization .......
Georgtia& orida' .......................
Georgia Southern and Florida ...........
Onlf and Ship Island ......................
Oulf, Mobile and Ohio ....................
Illinois Central .........................
Louisvill and Nahville ................
Mslsi eippi Central .....................
Nashrille, Chattanooga & St. Loui ........
low Orleans and Northeastern ............
Norfolk Southern .........................
Seaboard Air Line* / .....................
Southern ..................................
Tennesee Oentral .........................
Western By. of Alabam ....................
Taxoo and Mississippi Valler .............


$50,039
3,692.492
1.438.533
59.999
329,384

1,859.998
11,955.856
8,777,375
118.798
2.319,371
563,44
319.960
15,067.598
10,816.523
222,085
220,187
2.354.638


897.350
31,781
181,494
38,166
1,233.,652
7,218.324
7,032,1.01
88,422
936,584
596.857
274,436
6,963.300
10,348,318
136,707
183.910
3,347.450


$56,101
2,731.208
1.245,470
d 201.398
237.345

1.345.834
8.209.719
6,089,675
19,633
1,845,987
470.333
158,560
10,638.112
6. &17
207,036
1,394.819


d $4.142

688.937
d 1 .3714
88.301
29,852
699,181
2,771,784
4,199,521
d 15.366

497,821
171,6114
3,828.830
5.390,308
56.324
170.366
2,698,301


$37,800
1,786,375

590,000

2,099,800
6,369,000
19,403,080
53,606
1.935.656
1,398,000
105,707
3,200,000
21,065,000
78,884
401,412
1,237,000


$21,280

-
96.500

355.024
4,058.244
7,173.520
270,201
525.000
17,000

5.025,000
19.360
140,000


2.340,.000

255.982


2,596,400


-
-
-
-
-
-
.-

$2.360,000
-
-
-
-
-
-

-
-


Western District Total .............. 20,.420,377 132,580,685 124.914,421 49,585466 177,919.340 41,563,124 9,501.736 8,059,387

Northwestern egon Total ............... 50,o 2.614 31,007,597 22,171.512 1,794.198 21.653.864 6,742,o62 460.919 232.100

Chicago and North Western* ............... 9.444.367 5,014,703 4.421.365 d 1 8.0 9 4580.000 900.000 -
Ohicago great Western .................... 1,164,172 859.156 814,613 436 1,333,000 327,000 228,819
Chicago. Milwaukee, St. Paul and Pacifice 18,899,829 9.450.901 11,469.127 1,936,519 5.346,000 2,298,000-
Chicago, Saint Paul, Minneapolis and Oaha 147140 388.373 6024 27.750 -
Diluth, Missabe and Iron Bange ............ d 2.690,230 119,471 29 221 -
Deluth. South Shore and Atlantio" ........ 188,2 207209 -
aluth, Winnipeg andPacific ..............I 80.211 83.887 -
Grat Northern ............................ 7,082,032 5,000,195 2. .3 4.750,000 1,995.000
Green say and Western ..................... 208.071 129.937 208.537 125125 42,000 28,000 125,000 125.000
Lake Superior & Isahpeing ........... .....559 56,419 d 25 58,784 36,625 107.100 107.100
Minneapolis & St. Louis ................... : ,299.001 953.670 200, ja 197 0 100,000 -
Minneapolis, St. Paul & Salt Ste. Married 1,990,500 1,338,128 d 973 4, 1 9.252 403.512 217.621
Northern Pacific .......................... 9,198,949 5,843,470 723 1,327926 4723.161 936,34 -
Spokane International .................... 126.960 61.604 85.489 17,549 226,191 3,782
Spokane, Portland and Seattle ............. 2,435,561 1,500,474 1.292,694 334.569 150.000 -


Central Western Reion Total ............

Alton* ...................................
Atchieon. Topeka and Santa ea / ..........
Chicago, Burlinton & Quincy .............
Chicago, Rock Island and Pacific". ........
Colorado and Southern .....................
Colorado Wyoming ........................
Denver and Rio Orande Western **...........
Deanvr and Salt Lake ......................
fort Worth and Denver City ...............
Nevada Northern ...........................
Northwestern Pacific .....................
Southern Pacific ..........................
Southern Pacific Traneportation Syste e .
Toledo, Peoria VWestern / .............
Union Pacific .............................
Utah .....................................
Western Pacific* ........................

Southwestern region Total ...............

Bpaumont. our Lake & Westerne ...........
Burlington ock Iland ............
International-Oreat Northern- ............
Kansas City Southern ...................
Kanas, Oklahoma Gulf ..................
Louislana a& Arkansas ......................
Midland Valley ...........................
Missouri end Arkansas .....................
Mi souri-Kanas-Texas .....................
Missouri Pacific* ........................
xew Orleana, Texas & Mexico" .............
Oklahoma Cit-Ada-Atoka ............... ....
St. Louis, Brownsville and Mexico"* .......
St. Louis-San Francisco" ................
St. Louis, San Francisco and Texas ........
St. Louis Southwestern" .................
San Antonio, Uvalde & Gulf ..............
Texas and New Orleans ...................
Texas and Pacific.........................
Texas Mexican .............................


107,065.854 65.792,973 71.581,504 31.759.1 1o07,990,060 29.214.537 8,965.817 7.752.e87


1,969,220
20,143.390
15,624,083
15,563.613
1.016.711
93,166
5,469.693
373.45
1,095,4
148,211
197.323
23.678,0o3
33,330.565
765.266
18,213.591
63,320
2,750,955


1.024,945
16,054,128
7,510,673
7.679.397
550.510
119.970
2,974,805
257,898
629,264
49,808


23,419.423
d 19.526
8. 4:276
22.955
2.185.599


1.379,336
16,800,794
12,863,218
11.358,320
950,434
65.982
3.583.994
259.868
666,317
0,291
.V57,071
25, :11706
750.008
18,048.850
33. 19
1,663.194


420,864
12.306,113
4,545,1241
3,198.246
230.793
92,679
1,008.500
103.852
200.814
51,933
d 469.027

15,090,987

d 1. 6
57,2:9368


1,497,049
41,160,000
11,202,713
5.000,000
321.740
128,500
2.350,000
712,109
47,129

18.78s,520
28,092,9

25.500,000
22,300
1,300,000


32,040
11,858,000
4,530.759

76.700


41,485
6.089.578
8.597,672

6,574.158

30,000


50,711,909 35.780,115 31.161.4o05 16,032.104 48,275,416 5,606,525


386,106
212,471
1,580.743
2,546.586
396,333
795.851
199.061
73.626
3.077,028
15,681,396
628,222
90.687
1,150,495
7,569.119
361.935
2,984,010
36,896
9,652,161
3,032,997
256,186


834.,155
4.,317
57,8.495
1.994.481
174,111
791.594
101.006
39,884
2.459,700
10,889,091
1.098,912
75.326
1.449.952
4.769,917
83,985
2,607,836
d 136.256
5 197;23
2,495.814
170,582


1.8oo,630
327,982
o.70,411
82,448
74,713
1,648,386
9.034.817

77,887
937,375
3.526,816
323.831
1.736.495
8.291.983
1.936,993
202.549


776.781


108,876
459,887
d 29.855

936:543
4,148,856
123,060
62,910
1.231,027
617.809
46.o34
1,632,426
d 214.64

1.370,j24
119,340


620,000
1,806,000
2,450,000
239,762
1,383,500
67.457
46,087
1,522,000
12,580,000
1,077,000
68,546
2,015,000
2,526,000
238,000
6.904,000

9.343,929
5.316.435
71.700


67

380,000
61,437
321,000
2.822
9
135,000

37.599


1,566,s83
2.508,094
593,614


3,640,590










5,325.227


2,427,060










5.325,227


I 75000 1 75.000


-

-
-
75,000
-
-
-
-
*
-
-
-
-
-
-
-
-
-


-

-
-
75,ooo
-
*
-
-
-
-
-
-
-
-
-
-
-
-


S J A _________ L A A A ________ A L I .L i L ________ 1. A A _______ A


SReport of receiver or receivers.
** Report of trustee or trustees.
d Deficit or other reverse item.
/ Includes Boston & Albany, lessor to New York Central B. R.
/ The figures shown are without correction for the $1,414,703 included by the company in its report contrary to the instructions of the
Interstate Commerce Comission. This amount represents interest on overdue installments of interest.


c/ Includes Atchison, Topeka A Santa Fe By., Oulf, Colorado & Santa Pe By., and Panhandle & Santa Te Ry.
Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans 2. R. Co., and leased lines.
Operated by Federol Manager. Taxes accrued do not include any provision for Federal Income Taxes in either the current
or preceding year.
U.S. GOVERNMENT PRINTING OFFICE 1943-0-475222


Page 2


98s4,884
4,370,359
d 153.751
S T77. 657

320,838
6)1,227
1.146,o80
449.951
10,766.450
77,094


740,987
d '.
3,649.199




712,877
7.454,023
153.350


287,633
174,829
2,778.352
4,184,801
15.954
371,038
6,808,027
2,564;008
127,043
450.817
4,641,478
370,229
250,912
30,755.720
4,.616.229
d 62,67o

2,545.973
2.291.513
88,235
591.110
62.341
3.895,466


140,383
298,675
2.765,029
3,057,8141
35.487
311.198
6.602,1490
784.339
177.808
366,597
2.45,922
493.172
218,139
17.983.274
4,185,412
d 5.377
213.231
1.500.439
1,860.953
115.198
505,971
53,793
2,795,190


368,.586
23,407,1i47
d 437,; R9

1.633,896
351,610
1,174,608
996,185
500.oo949
459,419
31,521
154.577
30,666,606
d 486,101

287,086
2,9U.758
1,190.556
^.wa



1.190.556


204.601
15,717.738
554.513
2.074,756
64,599
269,735
721,456
741 .305
1.248.342
557.726
168,105
190,673
22,152.731
d 71. 1041
d 31.223
2.019,339
834.142


874,805
167.226
365.992
7.611,397
3.208.457
391,361
1,854,122
2,060.451


684,841
113.455
49,925
S7.683.344

312.535
1.618,090
1.763.695


I


i


I


I


I


I


I







Subject to revision


UNIVERSITY OF FLORIDA
11I l I 1 1111111111111111111111111111111111111111 1
l3 1262 08851 1117 INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS

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


Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Class I Railways Class I Railways Not in
Receivership or Trusteeship
Income Items- For the month of May or the five months of For the month of May For the five months of

1943 1942 1943 1942 1943 1942 1943 1942
1. Net railway operating income.-..--..---..-.... ---..128,169,023 $109,667,562 $5 6,288,151 $432,945,838 $95,308,098 $84,0,883 $438,775,146 333,472,015
2. Other income..... ......................... ...... 12,754,o6o 11,556,253 6-,8o,2 58,49,76 11,559,076 10,666,268 55,5290o87 54,320,989
3. Total income. ............-----.........-1 ,923,083 121,223,815 657,098,429 491, 15,574 106,867,174 95,271,151 494,30,233 387,793,004
4. Miscellaneous deductions from income --- ----------.-2,362,130 3,154,792 .1,839,734 13,052,363 2,168,427 1,938,996 10,523,996 10,721,722
5. Income available for fixed charges....... 138,560953 118,069,023 645,258,695 478,363,211 104,698,747 93,332,155 483,780,237 377,071,282
6. Fixed charges:
6-01. Rent for leased roads and equipment -- 14,176,150 14,778,718 73,131,897 69,384,501 13,140,065 13,857,512 6.,292i056 65,18~,214
6-02. Interest deductions 1/.] 36,194,227 37,033,310 101,804, 473 185,176,605 24,072,151 25,184,269 121,28,994 12,l5,889
6-03. Other deductions ----.........125,623 117,601 625,247 587,528 93,374 88,114 462,121 9,86
6-04. Total fixed charges. -50,491,000 51,929,629 25,561,617 255,1 8,63 37,305,590 39,129,895 190,044 171 191, 61,589
7. Income after fixed charges ... ---..... 88,064,953 6,139,394 39,97,078 223214,577 67,393,157 5,2, 29,736 66 185,429,93
8. Contingent charges.---- --- 2,332,997 2,a27,750 l,614,148 11,455,77 1,571,023 1,665,776 7,804,279 7,645,608
9. Net income 2/.-...........-.................... 85,731,95b 63, 1164 378,082,930 211,759,100 65,822,134 52,536, 285,931,787 177,78,085
10. Depreciation (Way and structures and Equipment).-- 26,469,518 20,213,608 132,628,536 97,243,262 21,427,658 16,625,030 107,182,890 80,661,150
11. Amortization of defense projects.-- ..----- --.-----.. 11,004,946 6,754,326 51,670,564 26,417,772 9,638,612 6,379,610 45,951,916 24,338,328
12. Federal income taxes-.....- -----... --... --..-- .- 118,558,711 64,483,415 544,787,461 205,639,941 105,084,224 60,572,673 471,326,199 194,709,011
13. Dividend appropriations:
13-01. On common stock--....- ..... ... 32,598,851 30,007,342 5,853 13 49,530,145 32,598,851 30,007,32 55,85,135 49,530,145
13-02. On preferred stock --... ------.-- 7,067,733 6,674,321 :3 ,6 12,67,599 7,067,733 6,674,321 13, 6686 12,607,599
Ratio of income to fixed chargesS/ (Item 5+6-04).... 2.74 2.27 2.52 1.87 2.81 2.39 2.55 1.97

All Class I Railways lass I Railways Not in
All Class I Railways Receivership or Trusteeship
+ ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of May Balance at end of May
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707) .....549723,405 $474,049,083 $543,071,164 $456,140,673 Number of Numberof mount
reports Amount Amount
21. Cash-..........................-.............- .. --- ---............... ..... ... 1,007,962,913 817 914,286 70,614, 300 614,741,559 reports reports
22. Temporary cash investments ............... ---1,316,677,116 177,64,507 1,05,613,742 14 123,55 May ... 1943 lo8 $87,519,324 21 $1,787,168
23. Special deposits-..--....-..-.........-- ....---- ..... 191,17791 138,96,351 15,298023 931,27 May 192 109 61 ,56 20 143,612
24. Loans and bills receivable..----..- ---.-- --. 2.. 87,74 1,027, 31 26,619 91,573 5 months. 1913 109 3 1527 20 6, o 667
Traffic and car-service balances-Dr ------- condu-tors i------------2,522,9751 o 9 9 2 5months13 108 38,154,5P 20 6,071,667
. Traffic and car-service balances-Dr... ..... 3,1 39,80 3.584,522 3350 month 10 220,272,1 21 8,513,o60
2. Net balance receivable from agents and conductors 6,514,115 109,2355 2522975 91,072,78
27. Miscellaneous accounts receivable................... 573,082,822 288, 3,325 ,83,209 229,646,872
28. Materials and supplies. --.......-..-... -......519,237,711 533, 60,173 i1,5 62175 430,060,251
29. Interest and dividends receivable ..................23,427,433 23, ,12 1, 1, 32 21,4027 NET INCOME- ALL CLASS I LWA
30. Rents receivable .......-.. ..9.... .~ .. ....... ......... N.. 1,77,115 1T N M 93-0,2 1,L06177
31. Other current assets -...-..........-............ .45858.054 27.838.070 4.323.875 25.997096 MILLIONS 0 DOLLARS
32. Total current assets (items 21 to 31). 3.886,652.774 2.159 .147.992 3. (6,151,704 1,691,867,999 60-
40. Funded debt maturing within 6 months /. $185,458,392 73,959.834 $373,581,459 t62,176,153 (40
41. Loans and bills payable V/.. .,628,192 16.639,26 1,6,000 2,270,686 120 -----
42. Traffic and car-service balances-Cr. 4,75,812 81,079,01 0,036,373 58,350,806
4. Audited accounts and wages payable 417,59340 349,11098 3,526,733 283,880,21 00
Miscellaneous accounts payable 1o06,3 995 58,160,66 2,247,24 39,9310 1
45. Interest matured unpaid. 45,78,55 6, 9 36,877,710 37,906,5 r
46. Dividends matured unpaid 6,81,920 4,907,21 6,489,756 ,55 ,952 0 -- --- ---
47 Unmatured interest accrued 7 8 68,782,297 70,437,05
4. Unmatured dividends declared 95 38, 45,859.457 38,191 5 60
Unmatured rents accrued 30,6'i,72 29 ,7 7.55.510 27,6, 3
Accrued tax liability 131,6 2,837 502,720. 1 ,514857 459407, 6i
SOther current liabilities 65,565,513 78 1 2.962,478 6.550,650 --
52. Total current liabilities (Items 41 to 51) 2,304,096,956 1.272. 96.733 1.43,9094, ll 1,069,143,529 20
53 Analysis of accrued tax liability:
53-01. U.S. Government taxes 1,218,973,11 .384,337,633 1,0s9,322,196 367,762,424 JF MAMJJASONDJFMAMJJASONDJFMAMJJASOMD
53-02. Other than U. S. Government taxes. 132,699,7214 118,382,824 5,832,661 91,645,216 19 1942 Z 1943
l_ ___. l_ -.- n ** ll ____ l__. l_____ "_____ l, l 11 l


I/Represents accruals, including the-amount in default. -
2/For all Class I Steam Railways the net income was as.follows:
Period 1943 1942 Increase.
3 months ended with May $253.284,292 $166,297,3146 986,8 46
6 months ended with May 51b,231,557 266,48,89 2849,79,658
12 months ended with May 1,125,18,4.85 593.267,865 531.916,62


3/For railways in receivership and trusteeship the ratio was as follows:
May 1943, 2.57; May 1942, 1.93; 5 months 1943, 2.46; 5 months 1942, 1.59.
4/Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of report
5/Includes obligations which mature not more than 1 year after date of issue.
/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
MAY, 1943








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR FIVE MONTHS ENDED WITH MAY, 1943 AND 1M2


Page 2


IE T RIL1IY OESIaA2IN I o 7, I NBL S IICOM BDINIn ID* BAI aWAY O fIOt SI Iom FEIALUL IIcaOM DITIDD
INDOMS 1TAZns APPRODPirAII S 1O41 uas l23 APPRsoPIATIOu S
Region and railvy Re____gion Sad railwv
1943 1942 1943 1942 1943 1942 1943 19142 1943 1942 1943 1942 1943 1942 1943 1942

United states otel ..................... $596,288.151 $432.945. s38 37g,082.930 5910 0 5411 9,00 4.77.461 $205.639.941 $69,299,821 $62.137.744, southern Wi Continue
stern district rTot .................. 206,1,360 156.505.030 13.S02,26 73.168,603 162,701,196 80125,477 22.099.151 19.925,466 Columu and reenville .................. 43 $220 $51,817 4513 $37.800 a,20 -
lnoridas ut Cow- t ..................... 4.7.2 25,6.484 3.567.495 1.356.507 2.33.575 -
No amlead nation lotal .............. 23.068.701 18.595.773 114.137.380 9.044.139 10.538.05 5.374.696 259,500 Georgia a. a. Lse Organiation ...... 1,790.,896 1,156.675 1544,415 896.606 -
SGorgia Florid ....................... 91,133 39.287d 2 -
angaor and Aroostook ...................... 1,033.464 893.560 779.931 600.248 5 570 402,225 191.400 eorgi Sothera d norido ............. 437.555 257.949 323.15 12. 752000 131500
loston Ma ba .......................... 5.479.74 4.9176 33i0.999 2.710,313 2.479.000 1.661.000 oGuf ad'hip Island ..................... 101.912 59.142 4 119 2 .721 -
Canadian atlonul UL ine s I w l.and. .... d 473.. 731.96 552.179 0lf. Mobie und Ohio .................... 2.191.960 1.733.11 1.064.74 2.468.800 772.216
anadin Pacific Line in rons ......... -- Illinois Central ......................... 14.66742 9.895. 0 10,039133 4.43252 7,880,000 6,1994,2
Cnotral Termot ........................... a 1.sI 4 20.9 58.100 13.932 Louwlle a u asvinrl ................. 10.9.1 .363,0 7.637.1 4:20.71 2464.,400 10.962.925 $2.340.00 2.340.000
nlatruntionula. G. of Maine .............. 8517 791.092 M. isitppi Centra ...................... 140.45 11,624 16,707 61,75 -
aine central ........................ 1.351.237 1123.160 56.456 .202 692.250 387,835 68,100 Iahvlle, Chattanooga & St. Lon ....... 2,6993 1367685 2 995 758 6 2605.8 48,198 25.982
w ork ConneMt ....................... 6795 845.498 208.262 762 150.000 Orlean and ortheater ............. 665.47 720.444 9.0 9 2 1,78.000 825.000
New York, ew Bven and artford"... ...... 14. 67.603 9.952.497 9.3.654 5.485.605 6.604.165 2.909.704 orfolk outhera ......................... 4 o38 429,74 205.533 171.614 137.022 25.500
tela ..r .................................. s2.S02 195.52 d 28.11 48,747 aboard Air Lne / .................... 1851.067 10.038229 12.977.610 6.119.210 4200,000 -
Southern ............................. 1 4,4 4 4.256.350 58,712,539 8,049.818 26.605.000 7.525.000 2.596.400
Gr nt .eke region total ................ 85.42.1so 62,813.155 53.547.706 29.200o455 79.02.2 30.626.584 5.772.619 3.907.866 Tenn e Central .................:...... 286.072 185.869 1,329 85,179 91,018 36.12
Western of Alabama ................... 275,462 25602 25944 2538.179 504.739 194,000
Ann Arbor ............................. .... .85.28 182.109 268.509 62.a2 183,040 95,954 -aa eand Missis.sippil sary ............. 3,.47 4 2,149.9 3.256.877 1,94.250
Cambria and Indian ....................... 199429 356.93 185.987 292.001 404468 354,942 60,000 60,000
Dlwaren and n ....................... 3.49542 3.3949 1.823.so8 1.980.808 1.344,000 1.190.o00 Weses itrtet totl ................. 24.184,059 176.909.575 161.273.21 71.749.991228,215,253 59,711.099 18.532.704 17.176.533
D*laure, Lackewan an Wetorn .......... 5.502.361 .214.6 2,876,031 1.554.786 2.386.000 1.135.000-
Detroit end Makinae Railway ...... 17.036 42,916 22a. 1 2 16.000 orth tera nbL ion total.............. 69,435.705 43.513.446 33.902.032 6.s80.163 25.T23.410 1247.790 2.959,88 2.730.996
Detroit eat Toledo Shore Line............. 429.518 343857 427976 291.6i 290.376 201,91 250,000 100,000
Iris 6................................... .910,1434 8,670.906 4.961.962 4.783.213 10.159.833 3.892.136 3.2532.89 19.94961 ChicO andortr Western** .............. 12.291.397 7.065,273 6005.695 595.567 6.o.000 1.650,000 -
Grand Irunk western ....................... 3.003.207 1.100.035 1.211 35 658.192 Ch icao roat Westrn .................... 1,462.3333 1.027804 1.025.686 57493 1.734.000 512.000 228.819
ehich eand dn u ivr.m ................... 151,736 214,198 1604 10 291,5 291.2 252.9 70.6605 Chicgo, Milwaak, St. Pal and Pacifi- 23.983.893 11.533.76 14,851.138 2.137.937 5.895.000 3.185.000
Lehigh and lI w galand .................... 59597 478.536 465.4 338.720 337.060 228.945 Chlcago, t Paul. Minneapolis and Om 1.91.782 593.649 8 29 a l -,
Leigh vMe .., .i.. ................... 21.7 4" T88:748 1. 0 .9.2 2.493. T
high V 3........................... 5 607 3.579. 2.02, 788.48 2.0 00 55, Dat. Mis and Iron ange........... 3.27 1.81,506 455 36.912 2493.077 -
Monoag la ............................... 1,247 65066 221.809 437.448 607.986 436.52 lt. South Shore and Atlanti c" ....... 299.66 27453 -
ontor ..................................... 325.56 301522 311.113 283.115 260.778 18.743 luth nnlp and Paifio ............. 89.727 106,90 -
lw York Central / ............. ..... 35 513.932 24.592.406 26.675.773 11,351.125 36.099.320 lo0.988,45 Oret Northern ........................... 9.717.72 .61,4 7650.000 2,695.000 2.498,99 2.498896
no York. Chiocgo and St. LoaUi ........... 5.734,895 5.242.932 3.886.297 3.228.271 o10.4,900 5.282,100 oren nd WA tera .................... 72,9 151.681 264 6 138.337 52.500 35.000 125.000 125,000
sI York, Ontario and stern* ........... 14,939 d 977.9 488or&s eLake a roter & Ilenpu n ................ 213.411 d 15,2 222,692 107,100 107.100
Nw York, sPque ans We ternd k ** .......7 .291 0 7 9 3 14 680 Minnapolis & t. Loui ................ 1,55S 5 1,066.978 100,000
Pere Mmqutte ........................... 3.009.024 1. 2,015.712 872,673 2.007.873 329.788 im polls, tPaul. salt St. Maru** 2,73.955 1.897.917 d 1.4870 2 587.03 248,73
Pitttsburgh & Lb ro Iris ............................ .72 97 695 22C86432 1.897.. ..07.25
Piatsbrgh & Leka Sris .................... 2,893.762 2,480,672 1,897.26 1.695.797 3.363,023 2411,431 2.159.125 1.727.300 Northern Pacific........................ 11,666.007 7.622,914 6,7 3.252 6.073.253 1.369.068 -
Pittsburg & Shemat ...................... ..11531 149.538 .570 867 46,341 pokane International ............... 15190 105290 99.618 50.79 7215
Pitteburgh Wst Virgtini ................ .782.399 625,283 5;722 366.5 315.205 67,883 Spokene. Portlnd and Sattle ............ 3.041.340 1,9 1,610,219 1488.02 300.000 40.000
Pittsbmurgh, Sa t nd ertlherg ........... 71. 65 62. 796 8.138i 8- -- --
abash .................................. 4923. 4 3.589.057 3.453.03 .98 7.946.279 3.o0o.761 Central vreta a t gion ots ........... 133.171,800 85.397.300 90.177.189 41.58222a5 2.657.682 39052.881 15.4C04.502 l4.190.972
central l tern Mlion total ............ 97.684.479 75.096,102 56,117.130 34,924,009 73.12469 44,12.197 16.067.032 16.017.600 Altoe* .................................. 2187.724 1.304.32 1.49.154 40.57 2.191.639 265.050
Atchison, Topekand d anta e ./ ......... 25.628,896 21,43965 21,519,482 16.774.760 53.254,000 15.729,000 6.744,910 5.531.380
Akron, Canon aTYoungtow" .............. 470.530 256,593 124.125 42.195 211.910 54.950 hicago, urlington & i ............ 20.774,092 9,.357 175072 5,58165 .70.713 5.615.87
altmore nd OhIio ....................... 29.570.422 20,7t,165 18.7 3.767 9.410,407 10.680.499 4.425.730 h R o. e slan Islad edaciic ....... 19.020,658 9.79, 31 13.783.066 3.20246 6,600.000 -
eassumr and Lke Irt .............. d 1.066 1.133,286. 21.597 374,157 s09.25 ColoreMo at Sothern .................... 1.286.712 .70 1.11,731 31.58 41.811 4 i 1. -
ntral .a. of Isw wrs" .............. 3.006.332 2.956.529 1,18661 1.006,042 20.000 0 olArWo 6 Wming. ....................... 1.22118 81155 114027 149,100 0 -
hicago & etera Illinois ................ 1.95.104* 57.736 1446.044 350.933 1.567.000 180.000 383.86 Dean r nbo raends Westrn"** .......... 7054.147 4,004.816 4,680,635 1.533093 3.070.000 -
Chiago& llnoi Midland ................. 4.o 335.987 256,660 195.227 610.600 493.000 Denr Sa % selt ks ..................... .062 328.59 323 53 137.16 -
Chlcoa. Indianapolsll ad Loieile'* .... 1.424.966 934.323 8.o805 326.3 150.000 -. rt Wor th and Denvr Cty ............... 1.37.7 77.412 819.871 219.277 866113 -
Detroit. Toldo an Ironton ............... 1.152.178 5.795 931.293 63546 696347 401324 -.N Ino orthern ..........................59. .030 62oo0 66.721 54.278 55.115
lmin. Joliet and lastra ................. 596.505 1.157.197 300 839,025 1.814.132 2,395.980 lorthstrn Pacifico ..................... 341462 11.772 d 2 62 d 53,0 -, -
Illinois terinal ......................... 572,193 769.195 .35.700 791.700 200,100 250.000 southern Pacifo ......................... 27.897.35 23.152.987 3757.493 2.170.954 28.512,528 ,211.268
Loa issld .............................. 587,614 357.177 246.4 4 4 Sthern Paifie Tranportation sys te / 40on,47S 30.152.465 30.752.619 20.00222 39.52061 11,615.835
W .Missorilloii ......................... 174.111 257,2680 1.2315 0.8 3a, 192.000 Toldo, Peoria & West er / .............. 1,000,50 81.511 980,550 61,040 -
Pennsyl.ania .............................. 44.030.506 34.1.8 23 23.955. 15.3.4 45.919,501 25,560110 13.167.754 13.167.754 anon Pacifi .......................... 22.14 1 .41 59.907 21994.256 9.615,606 34.000.000 9.074.158 8659.592 .659.592
Pennrlvania-Rding seashohr Lines ....... h *? ad 10o. d 3a.972 139.o07s1 Utah ................................. .... 76,243 38s1 39.187 1,504 24,900 -
di .................................. 767223 7.38.9 5 5.95020 4 4.42.193 2.973.100 1.749.053 1,749.053 Western Pacific ...................... 3.793. 3.018,934 2.430.985 1.617.059 1.813.600 30,000 -
taten Island Rapid transit ............... .3*1445d 12.13 78.758 -- -
Western urylan .........................3. :5542 .9.6 2.3 925 1 .321 1.585,000 1.025,000 tta ion Total .............. 61,576.554 47.99.829 37.193.997 2.359.603 56834.161 58198.425 168,384 254.565
BWheelin ad Lae Iri .................. 15,6 1.077. 134 90.24 3,456000 2.274.000 766.362 850.793
epanmat, .Sonr Le ks Vstmer* .......... 506577 1019.034 43,834 947.307 780.000 -
Southern District otal ................. 125.922.73 99.531.233 93,007.496 66.40.506 153.71.012 65.803.365 28,667.966 25.035.745 heritage look Isa ........4......39.. 35 l l... 67 -
Itarationl-eat Nor *the r ........... 1.910.552 772.105.50 -
Pocahontas region Totar ................. 30.070.360 25907.737 26.135.878 21,695.761 48.663,102 31.770.,875 20.616.622 19.836,.73 t City Sousthr ................... 2.769,259 2.811,289 1.20004 3.050,000 805.000 -
r sue Oklahowa Ailf .................. 397.916 251.323 312.860 169.370 226.127 90,656 93.34 179.565
Chesapke and Ohio ...................... 15.487.357 12.50e.329 12926.969 9.924103 21.49.935 13.89,.379 11.791.079 11.791.:03 Loulina M assu ..................... 99953 1 3.278 9699 62030 1,759500 45000 75.000 75000
orfolk nd Western ....................... 9.768135 8.60.7 9.327.486 7.9.377 19,025.000 13.600.000 7.256.770 7,258.75 ilana rll ........................... 21.279 131.6 70.375 57.580 2.733
lichonA, federi.cksburg l Potoma ...... 1.742.00 1.603.167 1.724.194 1.542.353 5.991.967 2.648.396 5.197 5.197 -Ir rnSl sa Arkan .. .................... 55.741 51.803 56.791 ~ 044 33.087 9 -
Virginan ................................ 3.072.225 3.19.163 2.157.229 2.29.928 2.166.200 1.624,100 1.563.576 781.788 Missourt-Kansse-2eTa .................... 2.512.025 2,943.418 720.09 1.037.852 1.522.000 135.000
ita uri P acic"* ................... 18,s06603 15.077,337 0 13.943 6,725.84115.l45.000 2000.00
southern i otal ................... 95.852.372 73,623.49 66,871.618 45.144,745 105,207,91o 34,032.490s 8,051.344 5,198,962 sw Orlean. eI s a Mexioo" ............ 726.276 1 .392.057 0 188.756 1.377.000 -
l hos CityAda-At .............. ... 107374 10.0463 91.495 79.630 44.899
Alaba GrOnt Southern. .................... .093.08 905.063 924.072 708.531 2.674,000 1.611.000 1,008.932 1.005.932 St. Louis,. rownville and Meioo**...... 1,467022 1.767.124 1.198,331 1.495.187 2,429,000 -
Atlants and est Point ........................ 206199 165,253 215.899 173.93 533.457 138.000 St. Louis-San rancisco** ................ 8.930,378 6,3.429 3.879,540 1,.246309 2.799,000 .
Atlanta. Birinhu d Cot ............. 437749 112432 447,125 117.98 365.000 788 St. Loui, on Irancisco and Tnx ....... 433,224 131.308 35.573 2 1 277.000 -
Atlantoi Coast Line ....................... 9,223.170 10.306659 8.143.637 8.938.426 20.500,000 2.900.000 4,918 4.918 St. Louis Southwenr .................. .238,724 3.477394 3.745.35 3254.4 6961,301 2,16,883
Central of Gorgia ...............o 3 726 1,977.893 1.917.999 609,981 1,060.789 8,605 dS A Atono. Uale B .lt** ............. 3129 1 7 6.
Charleston a eastern Carolia .......... 479.44 392.598 364127 276,100 195 0 u- te a d ni orlan .................... 12,6999 7 10 .3 5.270,: 1169.543 3404,56
Cinoinnuti, No Orluns and txees Placifi 2,402,386 1.989,43 1,695.362 1,266,070 4,0,o000 1,891.500 1 1 s ad Pa e ......................... 3.7 3.322,612 2 .396.357 1,914.613 6,476,435 873.614 -
Clinchfinl ............................... 2.499.93 2.2.300 1589339 1.35,85 259,441 210,922 Texas Mexta ............................ 239.424 242,102 169,692 178,926 76,468 -


* report of receiver or receivers.
** Report of tustee or trustees.
d Deficit or other mwers ite.
I/ Inolud soBoton Albany. lessor to New Tork Central R. R.
/ The figures shown are without correction for the $1.775,713 included by the coqay in its report country to the instructions of the
Interstate Coparce Comission. Thlis mount represents interest on overdue instellmnt of interest.


SIncludes Atchblon. Topeka 6 Santa ~ Iy., Oulf, Colorado & Santa Ir r. and Panhandle 6 Santa ] Sy.
/ Dta not included in totals. Includes Suthern Pacific Complany. Ta and iw Orleans R. R. Co., and leased lines.
Operated by federal Manager. Ta es accused do not include any provision for Federal Incom anms it either the current
or preceding year.
U. S. GOVERNMENT PRINTING OFFICE 1943-0-540164 .






Subject to revision
Subject to revision


UNIVERSITY OF FLORIDA

IIIIBI ll IH INTERSTATE COMMERCE COMMISSION
3 1262 08851 1125 BUREAU OF TRANSPOaT ECONOMICS AND STATISTICS


Statement No. M-125
JUNE, 1943


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

Compiled from 132 reports (FQrm IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

Class I Railways Not in
All Class I Railways Receivership or Trusteeship
Income Items For the month of June For the six months of For the month of June For the six months of
1943 1942 1943 1942 1943 1942 1943 1942

1. Net railway operating income ..... ---. $109,655,124 $118,737,985 $705,943,274 $551,683,823 82,095,875 $90,439,221 $520,871,021 $423,911,235
2. Other income .......16,725,945 15,979,933 77,536,223 74,449,669 14,681,561 14,347,000 70,210,648 68,667,989
3. Total income -... :---.....---.. ... .... 126,381,069 134,717,918 783,479,497 626,133,492 96,777,436 104,786,221 591,081,669 492,579,224
4. Miscellaneous deductions from income..-- 2,527,495 2,372,152 14,367,228 15,424,516 2,311,303 2,089,845 12,835,300 12,811,567
5. Income available for fixed charges......---.... 123,853,574 132,345,766 769,112,269 610,708,976 94,466,133 102,696,376 578,246,369 479,767,657
6. Fixed charges:
6-01. Rent for leased roads and equipment--- 14,987,434 15,108,787 88,119,334 84,493,288 13,965,898 14,198,869 82,260,955 79,384,083
6-02. Interest deductions l/..............- 35,827,027 36,952,939 217,631,500 222129,543 24,015,020 25,107,59 1145,302,014 151,124,481
6-03. Other deductions ...- -------120,205 118,121 74551 705,649 88,085 88,6449 550,205 528,130
6-04. Total fixed charges.......... 50,934,666 52,179,847 306,496285 307,328,480 38,069,003 39,395,107 228,113,174 231,036,694
7. Income after fixed charges ---- 72,918,908 80,165,919 462,615,984 303,380,496 56,397,130 63,301,269 350,133,195 248,730,63
8. Contingent charges ...-...---. ---- 2,292,567 2,419,846 13,906,716 13,875,323 1,530,593 1,657,872 9,334,873 9,303,480
9. Net income 2/.----...--. ---. ...-----.------- 70,626,341 77,746,073 448,709,268 289,505,173 54,866,537 61,643,397 340,798,322 239,427,483
10. Depreciation (Way and structures and Equipment).... 26,525,395 20,102,752 159,153,932 117,346,016 21,489,612 16,474,194 128,672,502 97,135,346
11. Amortization of defense projects ...-...-..... 11,273,601 7,213,897 62,944,165 33,631,668 9,782,291 6,790,787 55,734,207 31,129,114
12. Federal income taxes--.......................------ 124,964,316 73,397,321 669,751,776 279,037,262 106,215,737 69,304,624 577,541,935 264,013,635
13. Dividend appropriations:
13-01. On common stock............ 6,729,364 7,963,341 62,582,498 57,493,486 6,729,364 7,963,341 62,582,498 57,493,486
13-02. On preferred stock ..... -------. 1,152,943 695,298 14,599,629 13,302,897 1,152,943 695,298 14,599,629 13,302,897
Ratio of income to fixed charges/ (Item 5-6-04) 2.43 2.54 2.51 1.99 2.48 2.61 2.53 2.08

All Class I Railways Class I Railways Not in
All Class I Railways Receivership or Trusteeship
ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of June Balance at end of June
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707) $557,518,182 $478,724,241 $531,105,456 $460,816,717 Number o Amou Number of Amount
21. Cash....--.....- .-------------------- --- 1,055,544, 453 831,034,188 783,567,775 618,935,928 reports reports
22. Temporary cash investments ......... 1,255,536,529 186,418,688 967,019,395 17,828,325 June 1943 108 $71601,466 21 $975,125
Special d11725,332 June....142 1 78,7,351 14 1,061,278
24. Loans and bills receivable --------- 273,97 1,038,549 25 7 986,332 6 onth 1943 11 7 00 17 668802
25. Traffic and car-service balances-Dr.......... 3706352 41, 5 26,23747 34,351,63 months 1942 112 298,592,321 17 9,08,8140
26. Net balance receivable from agents and conductors 167,300,523 117,949,612 133,174,550 98,017,451 6 onths 1942 112 298,592,21 17 9087,148
27. Miscellaneous accounts receivable ........570,918,269 308,443,403 449,539,611 245,602,436
28. Materials and supplies--- -.. ...516,741,379 534,418,742 412,889,973 429,597,336
29. Interest and dividends receivable........ 20,105,424 19,813,606 18,246,542 18,738,937 NET INCOME- ALL CLASS I RAILWAYS
30. Rents receivable ......1,180,952 1,32,524 887021 1,19,772 O DOLLARS
31. Other current assets..---- --.... -- 47505.245 q;342;gq7. 8.1 7.650.21 6 MILLION5 OF DOLLARS
32-__ Total current assets (items 21 to 31) ........ 3.881.731.915 2.2065.53.399 2.990.029.623 1.747.453.558
40. Funded debt maturing within 6 months 4/ ..1..-..--- 57,4'4,459 $84,773,331 $136,611,708 $63,396,342 104-
11. Loans and bills payable5/.......----- 15628,19 18,32,851 1,600,000 3,207,500 120
42. Traffic and car-service balances--Cr. 148,846,244 86,085,522 103,186,077 60,741,806
43. Audited accounts and wages payable---- 360,409,318 303,447,318 292,062,026 2113,605,330 1 0 0 -
44. Miscellaneous accounts payable............... 113,398,623 67,667,588 88,332,800 49,600,093
45. Interest matured unpaid .......-------- 69,149,518 74,431,861 61,956,651 62,272,381 r
46. Dividends matured unpaid- ---- -27,209, 48 25,703,491 26,867,083 25,351,228
47. Unmatured interest accrued ----.52,075,532 57,723,450 47,192,42 47,054,352
g. Unmatured dividends declared......... 12, 51,027 10,131,711 12,916,027 10,131,711 6 -- J--------
49. Unmatured rents accrued ..--.....--- .----. 17,497,629 16,382,587 14,571,960 14,560,030
50. Accrued tax liability ...-- ......... --1,356,293,817 572,072,608 1,184,65,913 525,082,550 40 -
5. Other current liabilities ... .......... -- 94269.521 58.548.743 69.949.500 47.520.881
52. Total current liabilities (items 41 to 51) .. 2,267,693.669 1.290.547.730 1.903.100.279 1.089.127.862 20
53 Analysis of accrued tax liability: O
r-o01. U. S. Government taxes............-...- 1,219,631,442 445,999,639 1,075,162,683 423,017,658 JF MAM J JASONDJ FMAM J J A50NDJFMAM JJ A OND
;-02. Other than U. S. Government taxes.--........ 136,662,375 126,072,969 109,303,230 102,064,892 1941 1942 194


1/Represents accruals, including the amount in default.
2/For all Class I Steam Railways the net income was as follows:
Period 1943 1942 Increase
3 months ended with June $239,259,548 $198,934,368 $40,325,180
6 months ended with June 448,709,268 289,505,173 159,204,095
12 months ended with June 1,118,064.750 617.666,630 500.398.120


3/For railways in receivership and trusteeship the ratio was as follows:
June 1943, 2.28; June 1942 2.32; 6 months 1943, 2.44; 6 months 1942 1.72.
4/Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of report.
5/Includes obligations which mature not more than 1 year after-date of issue.
6/Excludes reports of 3 roads whose net income (or deficit) was absorbed by
the controlling company.
d Deficit or other reverse items.








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR SIX MONTHS ENDED WITH JUNE, 1943 AND 1942


Page 2


IT RAILWAY OPERfAING TED~EAL INCOME DIVIDEND IT RAILWAY OPERATING EDEAL INCOME DIVIDED
INCOME N W INCOME TAXES APPROPRIATIONS INCO e NT INCE TAXES APPROPRIATIONS
Region and railway Region and railway
1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942

United States Total ..................... $705,943.274 $551,683,823 $448,709,268 $289,505.173 $669,751,776 $279,037,262 $77.182,127 $70,796.383 Southern Region Continued
Eastern District Total .................. 246,204,552 202,059,913 148,329.554 102,683,311 197,184,577 105.296,777 23.343,667 22,732,298 Columbs and Greenville .................. 38,063 $1,268 $47,748 $6,691 37,800 $21,280
tlorida Zast oaset* ...................... 5,611.331 2,871,029 4,174.725 1,43,334 2,749,575-
New England Region Total ................ 27,762,599 23,367,039 17,231,965 11,985.859 12,611,304 7,285,257 259,500 Georgia R. B. Leasee Organization ...... 2,137,234 1,462,189 1,841,834 1,150,989 -
Georgia & Foridae ........................ 111.133 44,176 29 9 326.408 -
Bangor and Aroostook ...................... 1,067,889 938.325 765.432 585,847 545,070 390,225 191,400 Georgia Southern and nlorida ............. 57343 309,380 0, .170,7 873,000 196,500
Boston and Maine ......................... 6,555,070 6,336,400 4,058,859 3,665,756 2,970,000 2,393.000 Gulf and Ship Island ........... .......d 1 62 95.612 d 17 081,725 -
Canadian National Lines in New England .... 619,768 382,613 d 902,607 d 672,625 Gulf, Mobile and Ohio .....................525244 2,217,877 1,754,492 1,418,263 2,668,800 1,018,550
Canadian Pac fic Lines in Vermont ......... 4 857 -Illinois Central .............. ......... 17, 685 11,585.352 11,721,696 4,914,275 9,109,000 7,994,24
Central Vermont ........................... 691,648 2T136 d 124,784 d 184.834 68,100 16,732 Louisville and Nashville .............. 13,178,430 10,025.684 9.172.391 5,788,102 28,992,820 14,940,530 2,340.000 $2.3340,000
International y. o. of Maine ........... 1,058777 858,138 Missisippi Central ...................... 152,253 143,990 3,970 11362 71,05 -
Maine Central ............................. 1,552.295 1.340,545 966900 655,207 836,960 460,o02 68.100 Nashville, Chattanooga & St. Louis ........ 2.935,295 1,860,383 2.219,055 .132,0. 3,669353 722,136 255.982
New York Connecting ....................... 635,087 938,340 206,000 501.970 190,000 ew Orleans and northeastern ............. 818,124 964,018 678,650 808,355 2,155,000 1.025,000
ev York, New Haven and Hartford*e ........ 17.129.822 12,773,026 12,259,505 7,371,521 8,001,174 4.025.298 Norfolk Southern ......................... 542,347 620,747 307,746 190,909 205,164 156,198
Rutland* .................................. 131.636 240.999 2,660 63,017 Seaboard Air Line .................... 20,168,571 13,276.824 13,778,808 8.572,881 6,700,000 -
Southern ................................. 17.3k,286 17,979.626 11.328,277 11,287.600 31,298,000 10,525,000 2,596,400
Great Lakes Region Total ................ 101,272,290 79,868.575 63,129,946 39.496,365 96,151,344 41,822,339 5.923.239 5,536,371 Tennessee Central ........................ 27.577 237,461 311,003 116,361 174,443 50,038 17,500 17,500
Western by. of Alabama .................. 330,708 333259 311.854 312.256 608,065 254,000
Ann Arbor ................................. 42,954 211,439 301,420 67,094 206,204 110,684 aoo and Misseeissippi Valley ............. 4.02644 5,252,335 2,609.391 4,283,783 2,263,500 -
Cambria and Indiana ....................... 177,021 431,340 159,212 362,567 448.668 434,942 120,000 120,000
Delaware and Hudson ....................... 4,246,795 4,435,729 2,207,360 2,403,205 1,603,000 1,590000 Western Distrit Total ................. 313,124,845 227,582,766 191,877,080 103,256,377 292,700,411 85,644,019 23,405,599 21,716,798
Delaware, Lackawanna and Western .......... 6,443,160 5,228,145 3277,270 2,009,819 2,830,000 1,583,000 -
Detroit and Mackinac Railwey Company ...... 14,461 58,081 d 33975 2,730 20.000 -- Northwestern Region Total .............. 85,838.916 56,777,713 43.312,379 13,010,189 oo.4711,041 19,3h0,626 3,524,548 2,838,096
Detroit and Toledo Shore Line ............. 464.798 385,233 454,65 323.148 308.164 225,166 270,000 120,000
rie ...................................... 10,353,707 10,879.250 5,601,953 6,190,491 12,156,723 4,832.316 3.232,904 3,172,861 Chicago and North Western** .............. 15,250.034 9,791.718 7.777.613 2,154,511 7.620,000 2,400,000
Grand Trunk Western .................... .... 3.539,630 1,648,057 1,374,704 72 8)48,192 Chicago Great Western .................... 1,752,399 1,214.696 1.224.523 671.413 2.020,000 742,000 686449
Lehigh and Hudson liver ................... 173,275 243,183 185,399 254,946 302,356 310.908 9 41,210 141,210 Chicago, Milwaukee, St. Paul and Pacifice 28,038.227 13.581,357 17.133671 2,378.244 7.809,000 4,096,000
Lehigh and New England .................... 665,090 622.235 511,49 453,628 370359 305.550 Chicago, Saint Paul. Minnepolis and Omaha 2,299,142 813011 1,070,522 426750 47,014 -
Lehigh Valley ............................. 6,595,089 4,626.638 3,128,616 1,283.541 2,437000 1,168,019 Duluth, Missabe and Iron Bange ........... 1,635,592 2.259,286 1.174,495 1,754,85 2,089,902 5.259.733
Monongahela ............................... 377,129 790.383 123.225 529,240 729.584 523.887 Duluth, South Shore and Atlantic** ....... 436,388 356,171 d 9.62 -
Montour ................................... 384,307 382,387 368,407 360,287 268,980 240,191 255,000 Duluth, Winnipeg and Pacifi ............. 18 5 108722 -
New York Central a/ ....................... 46,120,931 32,394,311 32,023,243 16.616,907 45,125,820 15,940,821 Great Northern ............................. 12.841,370 12,221,22 6.633397 5 5 11,661.153 4095,000 2,498,899 2,198,896
ew York, Chicago and St. Louse ........... 6,876,067 6.305,363 4,646,343 3.902,260 12,122.100 6,850,000 Green Bay and Western ................. 313.588 178.310 297.269 157,407 63,000 43,000 125,000 125,000
w York, Ontario and Western* ........... 24 a 5.840 65002 675002 Lake Superior & Ishpeaing ................ 128,841 351.515 132.635 35,767 90,235 364,928 214,200 214,200
Nw Tork. Susquehanna and Western ....... 545,712 373 2 251.87 6 167,922 Minneapolis & St. Louis* ................. 1.779.054 1,145,72317 2,626 86 100,000 -
Pere Marquette ............. .............. 3.509,560 2,506,363 2.311,029 1,169,547 2,491.422 478,878 Minneapolis, St. Paul & Sault Ste. Marie 3313.22 2,69,516 126021 763615 30609 -
Pittsburgh & Lake rie .................... 3,330,333 2,979,886 2,213593 1,968,426 3.768.906 3.246,995 2,159.125 1,727,300 Northern Pacific ......................... 4,349,269 9,621,169 7 76314,849 1,94,70
Pittsburg A Shawnut ....................... 114,946 185.331 d 09.843 d 60 46,341 Spokane International .................... 171,128 152.322 109,12 87 2 262,273 10,648
Pittsburgh & West Virginia ................ 943.492 782,068 619,294 452.5 357,751 8h4,46 Spokane, Portland and Seattle ............ 3,371,917 2.512,685 1,655,480 770.786 550,000 80000 -
Pittsburg, Shawmut and Northern* .......... 68,046 81,046 d 79 5.405 -
Wabash .................................... 5,885,763 4,324,o405 173,30 2,406,964 9,541,852 3,896.536 Central Western Region Total ........... 153,981,661 109,450,045 103.598,751 57,727,897 184,498o034 54.294,055 19.045,092 7.956,562
Central Eastern Region Total ............ 117,169,663 98.8214,299 67,967,643 51,201,087 88,421,929 56,189,181 17,160,928 17,195,927 Altone .................................. 2.402,532 1,660.672 1,524,168 846,089 2,843.006 573.060
Atchison, Topeka and Santa i e /........ 30,847,749 27,549,308 25,999,018 22,004,904 64,526,000 20.870.33010,385,500 9,171,970
Akron, Canton & Youngstown** ............. 529.204 295,699 130,465 12,704 229,110 65,450 Chicago, Burlington & quincy ........ 22,182,469 11,521,761 18,124,622 7,081,422 15,702,713 6,851.194
Baltimore and Ohio ........................ 34,201,707 25,798,585 21,813,380 12,559.527 12.701,499 6,498,296 Chiaco, Book Island and Pacific" ....... 22,118,021 12,619,597 15.829,311 1909,233 9.100,000 -
Bessemer and Lake Erie .................... 193,635 1,579.684 d 569,233 674,012 843,930 1,724,289 Colorado and Southern .................... 1,523.731 954,141 1,2,759 125,625 485,273 1813--
Central R. of New Jersey* ............. 3,38,964 3.669,639 1,12325 1,344,481 320,000 Colorado & Wyoming ....................... 133,683 136,009 92,967 95.167 13400 15 125.000
Chicago & Eastern Illinois ................ 2.243,211 1.101.156 1.650,351 506,147 1,867.000 275,000 383.863 Denver and Rio Grande Western~ .......... 8.627,905 5.514,31 5.772,656 2,543.042 380,000 -
hicago & Illinois Midland ................ 479737 398,000 317,204 229538 644,949 520,000 Denver and Salt Lake ..................... 495,336 392,237 327,710 163974 1,500 -
Chicago, Indianapolis and Louisville* .... 1,691,776 1,099,702 99,989 388,769 180,000 ort Worth and Denver City ............... 1.612,890 1,050,318 1.036,577 443,468 1.065.940 -
Detroit, Toledo and Ironton ............... 1,323,383 981.856 1,069,121 721,143 741,261 451,169 490,664 490,664 Nevaeda northern .......................... 71.446 77,617 74,413 80,839 50,391 64,015 -
lgin, Joliet and astern................. .. 655,301 1,393,768 300,416 1,014,046 2,009.460 2,851.980 northwestern Pacific ................... 443,510 88,572 d 22801 a 8461 -
Illinois Terminal ............................ 691,74 964,669 419270 685417 952,000 255.600 250,000 Southern Pacific ......................... 3,207,662 28,843,396 301672 38,799,611 12,4,981 -
Long Island ............................... 1,528.966 585.477 528,766 d 241 Southern Pacific Transportation System e 48,238,227 37,382,667 37,83.595 25,7,227 52,613698 17,632,029 -
Mis.ouri-Illinoise* ....................... 204,825 333.046 198,937 0 361,700 262,000 Toledo, Peoria Western .............. 1,213,305 168,820 1,188029 143736 -
nnylvania .............................. 54,3.514 7.631 29,963,564 25,958.329 56.44.394 35.081,298 13,167.754 13,167.754 Union Pacific ............................ 24,051,594 14.937.714 24,750.789 1337.707 45,500,000 13,224158 8,659,592 8,659592
Penn.ylvania-Reading Seashore Lines ....... d 344673 7 879 d 789,273 118 4 264,915 172,999 Utah ..................................... 55.08 66,030 10,998 21,872 6,100 1,500 -
Reading ................................... .9,951,9 9,01193 6,59973 5 20 2, 5,171.290 3,845,100 2,098.993 2,098.993 Western Paciofi" ........................ 4,964,420 3,869.535 3,329,851 2,188,608 2,475,100 30.000 -
Staten Island Rapid Transit ............... 489,361 13.893 88,421 -
Western Maryland ....................... 4,0664.101 3,120,219 2.574,874 1,543.702 1,790,000 1,280,000 Southwetern Region Total ............... 73.301268 61.355,008 44,965.950 32,518,291 67,491,336 12,009,338 835.959 922.140
Wheeling and Lake Erie .................... 1,823.202 1,342,488 1,636,751 1.135.975 3,852.000 2,906,000 1,019.65 1,188,516
Beaumont, Sour Lake & Western* .......* ... 615,520 1,219002 534,876 1,132795 967.000- -
Southern Distriot Total ................. 146,613,877 122,141.144 108,502,634 9 83,565.485 179.866,788 88,096,1466 30.432,861 26,347,287 Burlington Bock Island ................ 379.772 6,179 d 5 381496 67
International-Great Northern ........... 2.204.309 1,416,525 95 2.392.500 --
Pocahontas Region Total ................. 35,048,202 30,974,483 30,398948 25,908,801 53.587346 41,219,268 21,046,653 21.048,602 Kansas City Southern ..................... 3,205,335 3.417,002 2,19,203 2.326.523 3.700,000 1,305,000
Kansas, Oklahoma a Gulf .................. 401,99 300,090 298,o018 199,859 213,731 142,874 93.384 179,565
hesapeake and Ohio ......................... 18,065,537 15,184,067 15.o43.071 12,086,954 23,861,681 18,841.322 11.791,079 11,791.053 Louisiana & Arkansas ..................... 1,157.102 1,277.606 677,282 784,035 2,093.500 670,000 150,000 150,000
orfolk and Western ....................... 11,418,901 10,295,330 10,906,301 9,524,668 20.325,000 16,600,000 7.256.770 7,258,745 Midland Valley ........................... 203,321 133,383 85,885 5,058 70,270 12,6 -
Richmond, Fredericksburg and Potomac ...... 2,03484 1,681,821 2016,723 1,610,369 7.166,967 3.738.396 ,435.229 435.229 Missouri and Arkansas .................... 38.927 62,990 4,150 60,225 21,087 5.009 -
Virginian ................................. 3.529,680 3,813,265 2,432.853 2,686,810 2,233,698 2,039,550 1,563.575 1,563.575 Missouri-Kansas-Texas .................... 3,325,346 3568,628 1,204,103 1,271,325 1,522,000 135.000 -
Missouri Pacific** ....................... 21,513,574 20,121,816 12.222,850 10,681.782 17,757,000 1400,000 -
Southern Region Total ................... 111,565,675 91,066,661 78,103,686 57,656.684 126,279,442 46,877,198 9,386.208 5.298.685 New Orleans, Texas & Mexico** .............. 949,185 1,651,273 d 8 216,835 1,602.000 -
S---- Oklahoma City-a-Atoka 1 0 .................. 146,000 133,.070 2,82 113,611 108,584 75,198
Alabama Great Southern .................... 1.266,073 994.086 1,620,323 1,296.346 3,273,000 2,256,000 1.008,932 1,008,932 St. Louis, Browneville and Mexico ...... 1,637,805 1.960,527 1,316,817 1,634,364 2,750,000
Atlanta and West Point .................... 250,970 232,153 262,950 242,149 658,593 192,000 St. Louis-San rancisoo ................ 10988,476 8,487.578 4,929,399 2,225,331 3,616.000 -
Atlanta, Sirmingham and coast ............. 87791 171,060 497,811 177,169 05.000 788 St. ouis, San rancico and Texas ....... 558542 2,628 501,373 187,853 360,000 -
Atlantic Coast Line ....................... 10,705,028 12,091,028 9,059.755 10,089.233 23,750,000 4,700,000 1,240,059 4.91 St. Louis Southwestern**.................. 092,781 4,379,490 4,375,160 2,921.175 8.588193 2,852883
Central of Georgia" ...................... 4,552,259 2,684,061 2,241,500 1,031,702 1,312,946 10,327 San Antonio. Uvalde & Gul'f* .............. 7,297 d 2 4 28 .66- -
Charleston & Western Carolina ............. 52.066 467,632 03,632 3462 28.070 245,000 150,000 72,000 72,000 Texas and New Orleans .................... 15.030,j66 l 12,4,52 ,..208 13,814.087 5,087,049
Cincinnati. New Orleans and Texas Pacific 2,917,479 2,351.978 2.03, 953 1.436,937 4,712,000 2,411,500 1,855.335 1,855.335 Texas and Pacific ........................ 4,553.227 4.364,501 2,933323 2,677,666 7,834.435 1,323.614 592,575 592.575
Clinchfield ............................... 2,840,233 2,793.453 1,748,892 1,714,511 347,329 253.107 Texas Mexican ............................ 295.185 281,249 213,684 204,690 80,949 -


* Report of receiver or receivers.
** Report of trustee or trustees.
d Deficit or other reverse item.
Includes Boston & Albany, lessor to New York Central R. B.
The figures shown are without correction for the $2.136,724 included by the company in its report contrary to the instructions of the
Interstate Commerce Commission. This amount represents interest on overdue installments of interest.


a! Includes Atchison, Topeka & Santa Fe By., Gulf, Colorado & Santa Pe Ry., and Panhandle & Santa Fe y.
Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co.. and leased lines.
Operated by Tederal Manager. Taxes accrued do not include any provision for Federal Income Taxes in either the current
or preceding year. U GOVERNMENT PRINTING OFFICE 1943-0-540164





Z7/SML 94-^/y


Subject to revision


UNIV. OF FL LIBI.

UL%., i P TO Y


u.. DEPOEpoTOA


UNIVERSITY OF FLORIDA

3 1262 08851 1133 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
JULY, 1943


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

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

SC Class I Railways Not in
All Class I Railways Receivership or Trusteeship
Income Items For the month of July For the seven months of For the month of July For the seven months of
1943 1942 1943 1942 1943 1942 1943 1942
1. Net railway operating income ................$12614,332 $133,625,37 $23,522,202 $65,309,062 89,690,911 $100,800,375 607,526,527 52,711,613
2. Other income -16,504,328 14,212,423 94 ,0fo,563 662 ,090 15,305,858 1,290,05 85,516,509 81,958,041
3. Total income .............--... 137,l118660 1.47,837,660 917,562,765 773,971,152 104,996,769 114,090,429 693,043,036 606,669,654
4. Miscellaneous deductions from income-2,5 ..0..~...-------.1 2,50,624 2,091,236 16,947,852 7I,515,o749 2,277,690 1,0so,089 15,112,991 14,691,656
5. Income available for fixed charges---.-..-.....-.. 134,538,036 145,746,424 900,614,913 756,55,403 102,719,079 112,210,340 677,930,045 591,977,998
6. Fixed charges:
6-01. Rent for leased roads and equipment........ 13,846,207 16,300,644 101,965,541 100,793,931 12,762,534 15,295,042 95,023,489 94,679,125
6-02. Interest deductions/ --.................... 35,950, 60 36,776,738 253,581,861 258,906,284 23,872,866 25,002,;08 169,174,80 176,126,520
6-03. Other deductions .119...,626........ 11,-7,i4,26 865,077 823,075 87,529 87,9145 637,734 616,075
6-04. Total fixed charges..............49,916,193 53,19 35641,79 360,523,290 36,72,929 40,385025 264,83 6,103 271, 421,720
7. Income after fixed charges ----.. ------621,.43 92551616 202,434 39932,113 65,996,150 71,25,315 13,93,942 320556,27
8. Contingent charges.......---- 2,343,811 2,295,170 16,266,275 1-,190,095 1,581,838 1,533,197 10,9321459 10,856,279
9. Net income 2/ ............ ..-. -.-----.......- 82,278,032 90,256,446 527,936,159 379,742,018 64,414,312 70,292,118 402,161,483 309,699,999
10. Depreciation (Way and structures and Equipment)..... 25558,019 20,712,53 184,O29,571 137,592,031 20,483,017 16,418,112 148,473,138 113,086,942
11. Amortization of defense projects---.-. ----- --.. -14,925,368 7,1408,219 779,69,54 ,039,887 13,666,187 6,953,127 69,400,393 38,082,241
12. Federal income taxes 1----142,235,462 87,373,475 811,750,739 366,410,737 122,199,227 80863,696 699,504,663 344,877,331
12. Federal income taxes m ............................. .. ............ ... 6
13. Dividend appropriations 3,723 3,77,5 695,03 61272,030 3,723,908 3,778,544 69,530,103 61,272,030
13-01. On common stockbills receivable .. 3,585,38 3,219 29,35,0o
13-02. On preferred stock b-. --......--D.: 963,744 780,978 9 15,563,373 140 83,875 9 63,744. 780,978 15,563,373 14,083,875
Ratio of income to fixed charges/ (Item 56-04).... 2.70 2.74 2.53 2.10 2.80 2.78 2.56 2.18
All Class I~ Railways Class I Railways Not in
All Class I Railways Receivership or Trusteeship
ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of July Balance at end of July
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707)..... $558,247,680 $490,400,908 532,006,924 $468,356,163 Number of Amount Number of Amount
21. Cash----- 1,183,910,515 875,985,428 53,699,524 652,926,519 -----reports reports
22. Temporary cash investments 1,320,---------------------- 132558,828 25666,659 1,25,119,212 239.173,195 475,842
2. Special deposits 17....52..0.........4..9 7335 121,221,651 98,852,225 July ....1943 113 $82,753,871 16 $475,842
24. Special deposits-------------------------------------- --------------- --- ----,i6 973 194 July......1942 113 91, 1,126 16 680
2 L o a n s a n d b i l l s r e c e i v a b l e .... .......... .. ... ....... ........ .. ......-2 57 ,371 1 ,O22888 2 3 7 ,1 1 6 973 ,19 43 J u ly 19 42 1 13 9 1, 09 1 ,1 2 6 16 8314 ,680
2. Loans and billcar-service balances--Dr.-35, 6 ,3 19,219 129,356,08 35,173,015 7 month. .1943 113 533044;428 16 5,108,269
25. Traffic and car-service balances-Dr. 121l ?'' 71ont0s..1942 1 ,343 17 8,572,520
S iNet balance receivable fromagents and conductors 170,299,373 119,975,307 135,730,9140 99,702,082 7 months..1942 112 388,314,538 17 8,572,520
27. Miscellaneous accounts receivable....... ... 591,292,199 328,667,723 71,6-,229 262,108,39
28. Materials and supplies 52--0,339,767 534,913,181 417,399;628 429,235,309
29. Interest and dividends receivable- 1-,-0- -7,O 9 ,9 16,;,98 11 6,1 ,977 NET INCOM--ALL CLASS I AILWA -YS
30. Rents receivable... ........... -,O,- 1,11 4,823 8-,89- 766,976
31 Other current assets 51,339:97 11,064,631 37,391,933 9,127,238 MILLIONS OF DOLLARS
S Total current assets (items 21 to 31) 1.. 4,061,112,261 2,327,261,162 3,108,531,155 1,844,055,079 0
40. Funded debt maturing within 6 months _4/ ....- ....... 151,860,245 106,040,854 j311 4 $76,086,698 1 40
41. Loans and bills payable 5/........................ 15,628,192 17,352,301 1,600,000 2,206,950 1OA III20
41; oansandbill payble5/ --- -------- -----}l] '' '^o'q 475l78 10-------------------- ----- ---------- 1 73231 11
42. Traffic and car-service balances-Cr...- -. 152,163,729 90,128,028 .05,890,419 64,725,278
43. Audited accounts and wages payable ---- ------- 90,172,005 304,178716 316,064,53 244,0 4 337 100 1--
44. Miscellaneous accounts payable- .-..------ 106,650,352 59,616,323 81,6144,710 42,02,332
4j. Interest matured unpaid........ ............----- ----- ---... 38,486,979 35,296,892 ;31,869,o 4 28,2114,557
4. Dividends matured unpaid ..-------. ----- 5'3,304,227 5,599,739 2,962,062 5,2:47,t76 0
47. Unmatured interest accrued .------- ------- ------. -. 62,572,780 68,02 .493 158,097,707 59 /68
4.. Unmatured dividends declared l---52-.22 --,35,-- 9,11422 8,i497 13,32,'22 l9108,4 -7 60
Accrued tax liability..------ ...... 1,511,34,02 690,922,22 1 7' 40 6-,-230,62
5 Other current liabilities-- ----------- ------....... 70,705,178 56,110,916 472351877,5
52. Total current liabilities (items 41 to 51)--- 2,383,102,789 1,354.507,615 1,990,917.039 1,148,649.963 I 20
53 Analysis of accrued tax liability: 0 -1
53-01 U S. Government taxes ---- ----- 1,356,811,397 553674.300 1,19 5,895 522,601,658 JFMAM J J ASONJFMAMJJASON J F M AM J J ASO
53-02. Other than U. S. Government taxes...----- ....154,532,631 137,247,905 124,51,552 110,628,704 941 12 19+3


1/Represents accruals, including the amount in default.
2/For all Class I Steam Railways the net income was as follows:
Period 1943 1942 Increase
3 months ended with July $235,585,186 $231,694,561 $3,890,625
6 months ended with July 464,956,329 355,796,050 109,160,279
12 months ended with July 1,107.054,796 643.815,806 463.238.990


3/For railways in receivership and trusteeship the ratio was as follows:
July 1943, 2.41; July 1942 2.62; 7 months 1943, 2.43; 7 months 1942, 1.85.
4/Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of report.
5/Includes obligations which mature not more than 1 year after date of issue.
6/Excludes reports of 3 roads whose net income (or deficit) was absorbed by
the controlling company.
d Deficit or other reverse items.
Includes $49,000,000 of Delaware and Hudson Railroad Corporation funded debt
which matured on May 1, 1943. The extension of the maturity of this debt is under
consideration in a debt adjustment plan.









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS


FOR SEVEN MONTHS ENDED WITH JULY, 1943 AND 1942


NET 2AILVAT OPERATING HIEBAL INCOME DITIDEND NET EAILVAT OPERATING FRDERAL INCOME DITIDWD
INCOME NET INCOME TAXES APPROPRIATIONS INCOMg MET INCOME TAXES APPROPRIATIONS
Region and railway Region and railway
1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942 1943 1942

unitedMa -
y
or t
y
.................... $823.522 202 $685.309 062 $527 936.159 $37 d


Eastern District Total .................. 289,007,715 251,965,067 176,263,722 136,031,849 243,336,11)4 133,059,446 27,164,665 23,297.707
New England Region Total ................ 32,672,127 27,894,510 20,456,329 14,782,583 14,469,273 9,353,424 300,360 -
Bangor and Aroostook ..................... 1,097,803 935.216 744,544 523.798 531,070 347,425 191,400oo -
Boston and Maine .......................... 7,446,667 7,519.972 4.565,717 4,416,675 3,340,000 2,893,000
Canadian National Lines in New England .... d 684,563 40 1018.585 d 792.703 -
Canadian Pacific Lines in Vermont ....... 518 8 d 35220 -
Central ermont ........................... 847,626 799,460 d o03.459 d 152,003 78,100 19,532
International Ry. Co. of Maine ............ 1,264,549 878,124 -- -
Maine Central ............................. 1,722,752 1,525,809 1,052.781 751,612 921,920 529,169 108,960
Sew York Connecting ...................... 797.830 1,098,442 292.792 58.74 200,000 -
New York, New Haven and Hartford** ........ 20,570,682 15,625,760 14,943,459 9,34,42 9,398.183 5,564,298
Rutland* .................................. 126,979 314,768 d 20.920 106,608 -


Great Lakes Region Total ...............
Ann Arbor ..............................*
Cambria and Indiana ......................
Delaware and Hudson .......................
Delaware, Lackawanna and Western ..........
Detroit and Mackinac .....................
Detroit and Toledo Shore Line .............
Erie ......................................
Grand Trunk Western ......................
Lehigh and Hudson River ..................
Lehigh and New England ....................
Lehigh Valley .............................
Monongahela ..............................
Hontour ...................................
New York Central a/ ......................
New York, Chicago and St. Louis ...........
New York, Ontario and Western** ...........
New York, Susquehanna and Western ** ......
Pere Marquette ............................
Pittsburgh & Lake Erie ....................
Pittsburg & Shawmut .......................
Pittsburgh & West Virginia ................
Pittsburg, Shawmut and Northern" ..........
Wabash ....................................
Central Eastern Region Total ............
Akron, Canton & Youngstown** .............
Baltimore and Ohio .......................
Bessemer and Lake Erie ...................
Central R. R. of New Jersey** .............
Chicago & Eastern Illinois ...............
Chicago & Illinois Midland ................
Chicago, Indianapolis and Louisville** ....
Detroit, Toledo and Ironton ..............
Elgin, Joliet and Eastern .................
Illinois Terminal ........................
Long Island ..............................
Missouri-Illinois** .......................
Pennsylvania ..............................
Pennsylvania-Reading Seashore Lines *******
Reading ...................................
Staten Island Rapid Transit ..............
Western Maryland .........................
Wheeling and Lake Erie ....................


74,760,143


50.827,604


115,256,850


54,474,785


9,166,941


1 --4. ,- 41 1


354,509
199.568
2,660,122
3.961.687
a 41,623
490,48
6,655,807
1,538,272
209,110
620,156
3,775,823
444,986
442,243
37,600,656
5,428,180
d 615.h'96
299,221
2,610,039
2,604,931
d 116,645
755.370
d 9.333
4,891,712
81,047,250
156,264
26,118,661
d 181,.163
1,436,121
1,806,824
377.377
1,153.710
1,221,960
564,796
511,442
1,219,150
226,624
34,039,006
96,127
7,403,523
2.930,566
1,966,262


97,366
422,893
2,715.304
2,464,070
5.135
356,o6
7,472.737
d 199,399
273,867
607,589
2,151,803
598,901
403,861
22,251,728
4,574,868
d 677,796
92.679
1,458,422
2,246,510
d 47.814
--581,6l0
d 25,619
2,962,773
70,421,662
54,244
15,870,841
781,719
1,722.898
734,425
272.581
401,624
826,082
1,180,586
864,399
178,604
363,694
37,822,588
d 1062,.771
7,112,575
1,922,034
1,375,539


256,301
492,868
1,961,000
3,394,000
22,000
332,290
14,462,806
963,192
313,217
49,079
3.073,000
575,849
331,201
55.349,92o0
14.oo6.500
199,183
2,831,635
4,490,319
58,233
410.202
11,283,755
113,609,991

257,910
15,296.199
1,312,030
550,000
2,142,000
778,949
210,000
804,528
2,422,884
1,132,500
489,675
418,700
74,204,743
293,199
6,579.290
98,084
2,180,000
4,439,000


143.739
514,942
1,975,000
2,126,000
287,687
5,737,894
367,908
408,191
1,737,807
611,201
330,432
21,222,621
8,925,000

648.900
4,o014,548

113,775

5,309,140
69.231.237

75,450
8,713,296
2,542,958
380,000
627,000
521,202
3.539,434
331,300
342,000
41,871,709
221.362
4,921,526
1.550,000
3.594,000


120,000


290,000
3,232.909
141,210



3.223,697



2.159,125


5.565.344


140,000
3,181,834
141,210


255,000




1,727,300


17,697,364 17.732.363


-


383.863

490,664



13,167,754
2,378,894

1,276,189


490o,664
250,000

13,167,754
2,.378,894

1,445,051


Southern District Total ................. 167,367,140 143,195,530 124,511,835 100,104,436 211,369,166 112,299,032 34,523,212 30,341,4oo00
Pocahontas Region Total ................. 41,511,827 35,866,670 36,145,691 30,028.939 64,752,481 50,411374 21,422,874 21,273,949

Chesapeake and Ohio ....................... 21,516,161 17,710,905 18,003,052 14,154,725 29,666,686 23.398.888 11,943,609 11.791.053
Norfolk and Western ....................... 13,399.899 12,015,626 12,838,446 11,128,240 24,075,000 19,800,000 7,480,461 7,484,092
Richmond, Fredericksburg and Potomac ...... 2,372.946 1,760,328 2,360,8414 1,685,290 8,566,968 4,933.396 435,229 435,229
Virginian ................................. 4,222,821 4.379,811 2,943,349 3,060,684 2,4343,827 2,279.090 1.563.575 1,563.575


Southern Region Total ..................
Alabama Great Southern...................
Atlanta and West Point ...................
Atlanta, Birmingham and Coast .............
Atlantic Coast Line .......................
Central of Georgia** ......................
Charleston & Western Carolina ............
Cincinnati, New Orleans and Texas Pacific .
Clinchfield ...............................


88,366,144


1,852,991
305,897
545,338
11,257,180
2,466,283
412,257
2,510,349
2,003,248


70,075.497 146,616,685


1,432,899
308,930
202,857
12,006,459
1,.592,091
366,732
1,638,216
2,038,527


3,713,000
764,201
450,000
27,000,000
1.565,1014
315,000
5,302,000
405,218


61,887,658


2.856,000
245,000
100,788
7,200,000
12,048
200,000
3,111,500
295,291


13,100,338


1,008.932
73,908
1,240,059
72,000
-.865.557


9,067,451


i i i1,005,932


1,008,932
98.544
4,918

72,000
1,865,557


Columbus and Greenville ..................
Florida East Coast* .....................
Georgia R. R. Lessee Organization ....
Georgia & Florida* .......................
Georgia Southern and Florida .............
Gulf and Ship Island ....................
Gulf, Mobile and Ohio ....................
Illinois Central .........................
Louisville and Nashville .................
Mississippi Central ......................
Nashville, Chattanooga & St. Louis .......
New Orleans and Northeastern ............
Norfolk Southern ........................
Seaboard Air Line* ......................
Southern ..................................
Tennessee Central ........................
Western By, of Alabama ....................
Tazoo and Mississippi Valley ............


$28,222
6,419,792
2,492,026
128,753
693.752
i 178.455
2,949,551
19,258,579
15,410,730
174,546
3,168,314
945,662
660,154
21,575,439
20,431,348
478.,975
394,835
4, 17,4oo


$19.334
3.528.963
1,769,579
52,424
389,070
145, 60
2,718,626
13.365,534
11,704,390
187,265
2,365,166
1,270,027
761,891
16,495,264
20,749,391
262,368
415,88s4
6,807,951


$39,758
4.756,991
2,137,917
d 327.563
521.645
d 202,856
2,000,170
12,878,186
10,782,848
1.837
2,339,569
782,866
388,902
14,103,273
13,311,799
342,652
372,731
2,781,876


$25.915
1,872,730
1,406,598
d 380,82
228,026
129,080o
1,794.302
5,591,693
6,817.219
5.998
1.519,113
1,088,921
318,634
11,029,096
12,855.366
120,696
391,599
5,674,623


$37,800
3.137.975

998,000

3,029,800
11,035,000
33,430,740
80,872
4,313,253
2,515,000
259,268
8,400,000
36,333,000
181,559
750,146
2.599,750


$29,680


266,500

1,323,988
10,005,244
18,723,935

993,232
1,265,000
260.701
14,625,000
54,751
319,000


5,850.o000o
255,982


2,596.400
17,500
120,000


Western District Total ................. 367.147.347 290,148,465 227,160,602 143,605,733 357,045,459J121,052,259123,405,599


Northwestern Region Total ..............
Chicago and North Western** ..............
Chicago Great Western ....................
Chicago, Milwaukee, St. Paul and Pacific**
Chicago, Saint Paul, Minneapolis and Omaha
Duluth, Misseabe and Iron ange ...........
Duluth, South Shore and Atlantic** .......
Duluth, Winnipeg and Pacific .............
Great Northern ..........................
Green Bay and Western ...................
Lake Superior & Ishpeming ................
Minneapolis & St. Louis* .................
Minneapolis, St. Paul & Sault Ste. Marie**
Northern Pacific ........................
Spokane International ...................
Spokane, Portland and Seattle ............
Central Western Region Total...........
Alton** ..................................
Atchison, Topeka and Santa re / .........
Chicago, Burlington & Quincy .............
Chicago. Rock Island and Pacific** ....
Colorado and Southern ....................
Colorado & Wyoming ......................
Denver and Rio Grande Western** ..........
Denver and Salt Lake .....................
Fort Worth and Denver City ...............
Nevada Northern .....................,....
Northwestern Pacific ......................
Southern Pacific ........................
Southern Pacific Transportation System c/
Toledo. Peoria & Western el .............,
Union Pacific ............................
Utah .....................................
Western Pacific** ........................


516,844
220,246
5,039,621
7,652,506
14,552
510.179
12,228,202
4,07,3.252
194,725
798,398
7,825,103
739.945
460,889
54,o6,o814
8,025,439
152,134
6140,862
3.990,263
3,893,558
145,656
1,101,383
79.323
6,858.,259

137,113,435
604,651
40,539.893
719,896
4,076,260
2,504,829
566,191
1,971,379
1,519,970
978,046
828,599
2,341,066
226,161
6o,911,031
598.,793
11,24o0,370
645,08o4
4,658,447
2,182,769


104,024,651 71,828.343


18,768,899
2,036,060
32,292,184
2,669,s88
3.508,.440
512.332
163,328
15,997,863
379,915
322,117
2,059,0o40
4,278,495
17,149.381
194,270
3,692,439


12,120,243
1,442,567
16,174,476
1,219,725
3,282,675
456,297
78,894
16,344,975
201,482
526,798
1,347,145
3.209,074
12,063,565
179,983
3,180,444


54.434,250


10,037,325
1,426.575
19,589.550
1,238,060
2,973.371
8,004

8,812.'Ri3
355.208
326,083
163,609
4 1.536.835
9,316,021
122,118
1,695,530


178,269,290 141.645,573 121,032,391


2,644,999
35.831,995
26,203,651
25,996,272
1.793.302
155,672
10,294,195
562,681
2,139,586
84,236
595,873
37,678,167
54,920,924
1,374,909
26,457,966
72,211
6,383,675


2,148,176
36,473.298
14,564,632
17,293,189
1,209,590
158,427
7.320,217
486,867
1,633,211
90,931
164,136
35,094,381
45,786,o09
276,490
20,074,)460o
94,021
4.563.547


1,617.564
30.191,395
21,493,163
18,658,185
1,411,575
108,094
6,867445

1. 45, 442
87,396
d 189.125
5.841,454
43,010135
1.345,214
27,280,060
20,456
4,485,624


20,743,199 54.,294,2241 28,806,037 3.524,5148


3.197,461
813.871
3,113,678
2, 693.185

d 180.820

174,551
530,798
d 531.q28
4,211,807
104.735
1,162,245


9,550,000
2,338,000
9.976,000
158,706
44,478,044

16,061,153
73,500
221,840
75,000
965,753
9,316,022
280,206
s00,D000


3,500,000
1,063,000
5,329,000
8.552,479

6,954,000
51,000
425,829

417,993
2,858,622
63,114


686,449




2,498,899
125.000
214,200


$5.850,000





17,500
150,000


21,716,798


2.838,096


2,498.,896
125,000
214,200


80,004,072 k22,672,334 75,020,817 19,045,092 17.956,562


1,276.743
30,033.289
9,386,911
8,470,214
575.,840
110,719
3,867,275
221.386
938,0C88
94,716
d 626.775
3,170,171
32,249,105
247.536
19.59.715
1 2.546
2,605,698


3,704,s04
74,664,000
19,702,713
11,100,000
581.272
152,100
4.562,000
21,000
1,)404,917
57,865
46,4o01,663
62,464,913

57,000,000
12,400
3,307,600


1,086,034
28,538.330
9,150,50o4


77, 1838
196,700


77.84s
16,962,726
23,779,267

18,724,158
3,000
299,700


4 F F 4 F F -F


s4,853,406


264,977
496,645
5,091.317
6,144,463
69,566
427,314
13,069,662
2,419,763
259,804
803.958
6,076,160
903,567
429,329
40,701,723
7,378,623
99,678
487,510
3,088,951
3.505.859
215,838
923.336
62,561
5,155.933
125,994,.020

344,034
31.293,636
1,880,229
4,420,826
1,438,026
469,451
1,238,394
1,127,913
1,623,341
1,190,970
1,355,645
394,974
63.378,160
d 549,443
10.971,991
41,o10
3.761,932
1,612,931


76,674,549 51,693,961


.167
1,969,028
3,827,229
367,233
1,465.034
1514,286
35,272
4.338,457
26,078,674
1,851,983
165,105
2,070,173
10,714,967
406,770
5.541,352
d 250.046
10,692,428
5,503,461
293,087


636,082
a 681479
2,294,323
365,735
759,931
95,480
26,478
1,657,650
14,010,.402
d 463.737
154,869
1.37,504
6,034,799
535,033
4,877,078

14,814,215
3,479,282
263,873


42.,58,462 80,078,901 17,225,405


1,305,248
4 408.793
443,355
2,529,141
246,992
889,018
S 8s.561
32,563
1,663,430
14,942.,539
187,331
142,574
1,691,058
3,387,351
340:,2
3,840,509


3,534,003
203,698


1,160,000

2,797,500
4.,350,000
268,814
2,499,500
78,120
11,187
1,919,000
21,607,000
1,890,000
131,531
2,981,000
4,431,000
387,000
10,001,064

16,063,250
9,.417,435
85,430


30,000
67

1,830,000
183,149
930,000
12.555
80,051
135,000
1,000,000
30,000
97,.545
75,000

3,771,883
6,s16,541
2,233,614


10,385,500




93,81
8,5959


93.384
150,000










592,575


9,171,970


125,000






8,659.592


179.565
150,000










592,575


835,959


922,140


* Report of receiver or receivers.
** Report of trustee or trustees.
d Deficit or other reverse item.
a/ Includes Boston & Albany, lessor to New York Central R. R.


Includes Atchison, Topelka & Santa Fe Ry., Gulf, Colorado & Santa re Ry., and Panhandle & Santa Te Ry.
Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.
-/Operated by Federal Manager, Taxes accrued do not include any provision for Federal Income Taxes in either the current
or preceding year.
U S GOVERNMENT PRINTING OFFICE 1943-0-540164


Page 2


119,222,153


98,076,537


Southwestern Region Total ..............
Beaumont, Sour Lake & Western** ..........
Burlington Rock Island .................
International-Great Northern* ...........
Kansas City Southern .....................
Kansas, Oklahoma & Gulf ..................
Louisiana & Arkansas ....................
Midland Valley ...........................
Missouri and Arkansas ...................
Missouri-Eansas-Texas ....................
Missouri Pacific** ...................
New Orleans, Texas & Mexico** ............
Oklahoma City-Ada-Atoka ..................
St. Louis, Brownsville and Mexico** ....
St. Louis-San Francisco** ................
St. Louis, San Francisco and Texas .......
St. Louis Southwestern** ................
San Antonio, Uvalde & Gulf** ..............
Texas and New Orleans ....................
Texas and Pacific ........................
Texas Mexican ..........................


729,578
372,738
2.476,841
3.562.870
187,413
1,319,070
247,106
25,210
4.123,063
24,976,269
1,108,581
177,267
1,750,690
13,102,092
601,792
6,837.356
3,131
17,242,758
5,350,836
358,445


125,855,313


1,531,629
291,272
533,310
11,461,691
5,208,331
573.284
3,530,323
3.275.850


107,328,860


1,169,887
298,420
195.267
12,620,090
3.527,909
529,274
2,692,779
3.296,647


mtrmi


I" -r


i i


-t-


Li---


. I- I I---.- I I -1 -14-


i i


--I-


i


-t--


-t


-t


-t


-t


-t---


-t-


-r-


--r--


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re /1.e; 3 7A'i


UNIVERSITY OF FLORIDA

I l111111111111 1 1 11111111 l111111 I l III 11II
3 1262 08851 1141


Statement No. M-12
AUGUST, 1943


S UNIV. OF FL LIIB





U.S. DEPOSITORY


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

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Class I Railways Class I Railways Not in
All Class IRai 'Receivership or Trusteeship#
Income Items For the month of August Far thb tight months of For the month of August For the eight months of
1943 1942 2943 1942 1943 1942 1943 1942
1. Net railway operating income.........------.............. 124,561,0 135,928,94$1 $948,0os8690 $821,2381002 .92j763,553 $103,125,830 $700,290.078 $627,837,41
2. Other income --------.....---- ---............ 14,27.,199 11,865,873 108.31,4.3 100,527,967 12,97696 10,959,248 984,205 92,917,294
3. Total income...... ....... .....-...... .......... 138,85,689 147,794,814 1,056,398,43 921,765,969 105,711,249 114,085,078 798,754.283 720,754,736
4. Miscellaneous deductions from income ... ... .- 2,558,701 2,229,941 19,506,553 19,745,690 2,184,666 1,947,402 17,297,656 16,639.059
5. Income available for fixed charges.....- 136,276,98 145,564,873 1,036,891,900 902,020,279 103.526,583 112,137,676 781,456,627 704,115,677
6. Fixed charges:
6-01. Rent for leased roads and equipment .--13,616,426 16,424 ,9 115,581,966 117,218,280 12,257,387 15.505.85 107280,85 110,184,975
6-02. Interest deductions / 35,748,942 36,835 41 289.330,996 295,741.726 23,677,759 24 980,114 192,852,8 201 16,63
6-03. Other deductions......-....... .... ................ 117,888 118 95 982,966 941,571 85,841 9041 72 6 70511
6-04. Total fixed charges..... --49,-483,2 53.378,285 ,928 413,901,577 36,020,987 ,00 00,8,2 311,996,72
7. Income after fixed charges-..-- ---------- 86,793,732 92,186 63,995972 488,118702 67,55,596 71,5261 4 599, 44 392,118,1
8. Contingent charges -----....--- ----- ... 2,---32-2,067 2,207,121 18,15-,239 17,962,309 1, 560,09 3 1 ,45 12, 57, 49 11 866,519
9. Net incomes------2/ -..... -. 84,471, 665 89,979,67 612,842,733 470,156,393 65, 5,50 70,117,524 468,541895 38,252,32
10. Depreciation (Way and structures and Equipment) 26,487,63 22,865,-07 210,517,728 160,57,537 21,378,8 18,59694 169,52,97 131,683,o35
11. Amortization of defense projects.....---....----- 11,106,167 768,933 88,975,02 8,723819 10,017,647 719,180 79 8,1 5,231,420
12. Federal income taxes ......... .............. 147,325,875 9,398,221 95906,614 60,808,957 125,838166 8,689.475 825,342,829 429,566,805
13. Dividend appropriations:
13-01. On common stock...----.... ------.. ............--- 16,886,352 13.395,377 86,416,4 74,667,0o7 16,886,352 13.395,377 86,416,455 74,667,407
13-02. On preferred stock-- ..-..-...- 4145,894 250,586 19,709267 18,334,461 4,145,894 4,250,586 19,709,26 18,334461
Ratio of income to fixed charges/ (Item 56-04)... 2.75 2.73 2.55 2.18 2.87 2.76 2.60 2.26

All Class I Railways Class I Railways Not in
Receivership or Trusteeship#
Selected Asset and Liability Items Balanoe at end of August Balanoe at end of AugustANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS/
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total. Account 707).--.- 559,340,121 *506,315,301 533,134,413 1483,830,699 Number of Number of
uAmount Amount
21. Cash.....------ --. ------ ..... ----- 1,346,109,157 964,665,835 983.61,087 723, 73,010 reports reports
22. Temporary cash investments.--- 1,352,009,432 333,041,772 4,050,889,2 302,994050 August..... 9 11 16 $642,274
23. Special deposits.... ................... ............. 166,226,19 13,700,2 125.7,5 948 August .....19 1 .113,. 16 362,27
24. Loans and bills receivable...----........ ... 277,899 1,011, 27,008 959,656 ot ...19 4 1120 96 9,0 1 5, 1
22. Traffic and car-service balances-Dr.. ---- ..---. 39,46 878 9, ,69 i 30,340314 32.70,500 8 months 194 115 6 ,914
2. Net balance receivable from agents and conductors 175,978 5 1,699,936 138, 6 onth....192 115 7 257 16 8327,86
Net; 8t ...: $Ir ...
27. Miscellaneous accounts receivable ............. .. 6097......4 354,3014899 489,- 9758 281,911,68
28. Materials and supplies......-- ..-........... ........... ,44 529,977,852 420,901 425,277 091
29. Interest and dividends receivable --... --------------- 20,320,312 19,099,102 18,211, 17,878,367
30. Rents receivable... ---............31854.. 1121,295 1,003697 87321 N ET INCOME-ALL CLASS I RAILWAYS
31. Other current assets-.................--... 547493 12.210.10 410.001 16 9.1 44399 MILLIONS OF DOLLARS
32. Total current assets (items 21 to 31) ..1. 4.291.171.283 2.524.095.497 3.299.161,066 2,000,541,938 160 --
40. Funded debt maturing within 6 months/ ---..... .....1- 53,373,276 $110,145,858 *133, 260,988 $80,623,884 140
I1. Loans and bills payable/...................... 15,528,192 16,851,751 1, 0,000 1,706,400 120- -
42. Traffic and car-service balances--Cr. 152,496,270 98, ,987 108,' ,36.1 68,317,7
Audited accounts and wages payable .. .........0--266.856 338,744 329,67,714 2i7434,963
Miscellaneous accounts payable---- 11......... -598,924 60,395,977 88,48,762 57),653---
45. Interest matured unpaid-- ..-.. ..... 38,990,839 35,320,328 32.979,062 29,42,947
4. Dividends matured unpaid ---....... .--- 6,800,582 6,191,808 6, ,463 80 -
47. Unmatured interest accrued-- 79,82..71 5 78 0 66,6,998 6 4, 9
1g. Unmatured dividends declared ---. ....-22,957,520 18,1760 22,9 7,52 18,27,6 60
23,71, 22,957, 0.,4 20,869 9
49. Unmatured rents accrued .---.. .. ....--- .... 2,76-1,957 22,88,70o6 20,3O,.66 20,869,619 \ 1 0
1. Accrued tax liability .. -.------.....-.... ,1561,891 756,787,733. 1,414,737,467 608,797,761 0 -I
Other current liabilities ...-----..... .....-- 72,792,070 05 8 .0>8 48,59.041 ,5961 974
52. Total current liabilities (items 41 to 51)-. .. 2,544,316.453 1490,156.68 1.274.013.506 7
53. Analysis of accrued tax liability: JFMAM JASONDJFMAMJJAONDFMAMJJASO D
53-01. U. S. Government taxes-... ---- 1452,073,686 610,62,455 1,282,187,160 580,061,492 4JFAeJA4 1943
53-02. Other than U. S. Government taxes. .....-- 163,088,205 146,105,278 1,32,550,307 18,736,269


/Represents accru1ls, including the amount in default.
2/For all Class I Steam Railways the net income was as follows:
Period 1943 1942 Increase
3 months ended with August 1234,759803 t$25 97293 d
6 months ended with August 488,044,095 3, 9 ,639
12 months ended Lwth August- 1,044,398,895 666,520,099 37.87 96
"Totals are based in part on annual report tabulations, which differ some-
what from monthly cumulative totals.
I/For railways in receivership and trusteeship the ratio was as follows: '
August 1943, 2.43; August 1942, 2.61; 8 months 1943, 2.13; 8 months 1942, '1.94.


/Inoludes payments of principal of long-term debt (other than long-tera debt in
Default) which will become due within six months after close of month of re-
port.
5/fnoludeb obligations which mature not more than 1 year after date of issue.
Slxcludes reports of 3 roads for the month of August 1943 and the eight months
ended with August 1943 and 1 road for the month of August 1942 and the eight
months ended with August 1942 Whose net income (or deficit) was absorbed by
the controlling company.
- # Pigures for 1942 include returns of the Ann Arbor R.R. Co. which emerged from
receivership on December 31, 1942 and exclude returns of the Alton R.R. Co.
Which entered trusteeehio on November 26, 1942.
* Inoludee $49,000,000 of Delaware and Hudson Railroad Corporation funded debt
which matured on May 1, 1943. The extension of the maturity of this debt is
under consideration in a debt adjustment plan.
d Deficit or other reverse items.


Subject to revision


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS








INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR EIGHT MONTHS ENDED WTHN AUGUST, 1943 AND 1942


Page 2


MI unA uai OaR nrumni IOMs DIVIAnI NET RA ULU A ATINGOa m rna Um1, n coMS DtIIDBD
Is1co Ia IN OOB u0As APPauaIIONus Uoo nTA Aco PP arr IaOp as
Region and railvwq Region and railway-
1943 1942 1*3 1942 192 1 1943 1942 19 11942 1943 1942 1943 1942 1943 1942

United state.- Total ............... 98.083.690 M 3 21.238.002 6612.862.733 9470.156.393 6959.076.6114 8460.08.957 106.125.722 893.001. 868 soahun Begon oContinu
t Ditrict ot ................ 335.540.961 303.03.057 207.950.-344 170.626.386 293.233.905 163.083.176 2.152~.174 23.737.392 o u bu a mnd Genll .................. $30.47 $30-31 543.9 3." 32. 00s $35.380 -
Sa n r ............ 37.592#21 32.731,910 23656.424 17.869.775 16.522.53 11.87032 3 4.o 210 Gnt B.1R. Lessee Organisation ...... 2.80.413 2.149006 2 38909 1734.27 -
SGoria & ord ........ ................ 177,562 4967183 3 l5
angor and Aroostook .................... 1,030,632 940.660 630.403 471.40t 4!4.970 312.425 239%25 eorg Soth.ern and norta, ............. 817,028 496.13 1 331.500
oston and Maine ........................ 8.695.293 8.9 .724 5o403.16o 5.4p2.400 3.956.000 3.43.000 u a hip Islan ...................... 4 172. 4 .1 153,612 -
Canadian National .Lines in lo*w_ d 2 4 2 9.. .ft OGlf. obile ad Ohio ................... 3.350.323 3.266.143 98 2,2 1.019 3.509.o00 1.684
Canadian Pacific Lines in Vero3 Illinois Cenitro ......................... 2.795.71 15.376.21 1' .5 O.70 6. .76 13.695.000 11.934.2w44
International o... .0of~ ine... 6 islsippi Central ......... ............... 200.98 5 14,69 1 6 93160 -
Maine trl ........................... 1.925.9 1.750.993 1.1860.590 1 1.020.21 636,257 10,960- ap t. ....... 3.14.54 2.n7.9 4 2.47.4 1 8 5. b9.169 1.307.09 255.9
1ea Yor*k onncti ... ...............0 1 751 335.900 63.50 210.000 27.000 Iw Orleans and lorthoeatern........... .. 7.459 139.014 02, 2 1 3.1639 2.125.000 1. 465.000
NeW Tork. New 8 3n and Butford" ...... 23.14771 18.l9 17.41 8 11.3s 10.795.192 7.329 -29 o Norfolk So -th e rt .. .............. 1."7. 0 8 .50. 266.741 331460 5 -
t o o..T 5o. 5 7. 3 aont. Was hWesw........................23. 714.80 2.04.91072.3. ,00. 41.791.000 Io2.5 96.000 -
Rutlnd' ................................ 168.00 369.o9 1.307l 1 30.1i 9-9 k ehboad Air Line' ....................11... 2 3.7 5 1,334.71 15.19.7 1 41.107.80 .79000 1000. 0006,
_._._._ ... 21 agSothrn .............................. 3.. 314..30 3.9.144.9 15.510.072 4.6.2 7 91,00018.825.000 6.00
Gret ,Lakes Region Total.............. 136. 4.830 i16.154.226 6.232.862 62.0303.205 135.973.738 68.020.898 9.186.94 585.53.373 T nnam e Cent.ral..................... 506..... 10 .760 133.9 196.320 58,218 17.500 17.500
t..............n 4. of Albama ............... .6 512,315 2,4 0 5 875.810 396.000 120,00 150.000
S rbor ................... ......... 569.659 319.356 36.386 128.254 337.805 10.269 oo ad l ippli ally ............. 4.599.787 8.177.923 2.739.942 6.7.623.000

Delaware. uackaanna and Weston ......... .144 3. 71 1..575.5 9 2.866. 3.9.o .62.0 -
Detroit and ak ic ................... 1. 44 102. 38 d 8. 14 2.90 1 0 L orth tern egion Total.... .............. 75540 2. 7.560.13 65.867.263 29.1 45.233 6..04670 39.386.293 3.524.549 2.-38096
Detroit and Toledo Shore Line ........... 5607 492.170 531.930 411,304 359.67 32.65 310.000
Eri ...................... ........... 613.77 15563.9 7.65.16 .9. 1 17.0.9 6 .651 3.232.912 3.18goad North e................... 22.3367 .17 1.35. 11.500.000 4.5 00
'Grand Tn Iar 472.3 3 .531 1.557.13 164.1os 97 .192 ChicagOo GrO t Western ............... ..... 2436.15 1.679.056 1.7.6 96.100 2,79.00 1405.000 686.449
Lehigh end deonRiver. ........ .20883 2o 346 224,470 299.165 321555 453.957 141,210 14.210 Cicao. Milo e St. ul ad Pacific* 36.54.932 ..46.. 22. 1,66 4.170.570 12.270.000 6.6.000
Lehigh and No gland .................. 914.9 2712254 760.030 531.520 509,817 Obhico. Saint Pal. Ninse olis am O mha 3.077.712 1.620.415 1.144.610 2.~00 295.073
Lehigh Valley................... 7. 66 4.300459 2.912.356 3.7000 2.4301 4 Dlut.h e and Iron Re .............5.234.771 4.385.370 4.625.795 3.711.567 6.947.255 11.723.266
Monong ............................. 900 1,06.,632 563.201 720.441 658.113 698,515 D th, uth Sho. *d Atlti"......... 41.00 539.6 65.400 -
sMonour ..t........ ....... ............. .9 21.1 1415. 77 25 .006 th. Winnipeg and Pifi.. ......... .. 173311. 0 9d 5
a.t York Centraln ........... 24 .18 .4 20, 66.9901 2.74 323.69 Grat northern ................................ 029.411 20. 1 .621 10856 11.313.622 2.0. 9500796 ,,000 14989 96
New Yortk. Chicagoe d St. Loi.......... 9115.975 8.52.955 6.142,093 5 .31712 6 15, 97.000 10.725.000 Gtrn aynd eastern .................... 156.03 422.115 175 500 60.000 12.0 120000

SS^ ^-SS,.r-20': d**A**34 6 467.560 569.092 3. : ',200 21:200
Nw Yor.ontr,0 io and: W:eten".. .......... 207.: 163.865 d 6:%.04 3 T.o;. Lke el or heman ng.................511.0..7.83 55.2.6 51134 1., 5 684 37.560 569.062 216.,00 2134.20
aow York. Saearis hn and Wtom .... 735.1 587.282 209 1o.5 9230.o63 -Min ueolis St. c is .................. 376.37 1.6. 127.010 22 75.000 -
Per Marquetteo..................... ..... 156933 3.667,587 29. 7080 2.8: 6 .9.483 1 6 0 Minneapolis, St.- Paul & Smalt Ste. arte 5.o500.334 5.9310 1 ,1 2 11. 0035,66 622, -0
Pittsburgh &Lake r ....................... .9.0 aO 9.75 3..96 .50 2. .2.159.,12 1.72-.3 J Norther Pacifie ......................... 20.037.575 1 6.o8 11.083 5.7.7 11.83.79 3.906.57
Pittaburg tShwuat.r ..................... 5 7 .. 1...55 l .267000 45 .03 1 2 8 poks I intentional ...... ............. 210.508 221,8.13 128.1 1.36,35 28510003 97.36 -
Pittsburgh & Wemt Virginia........... 27 36 67255 pokne. Portland and Seattle ............ 4.12900 3963217 1901.5691.902 1,050.000 -
Pittsbnr,.S-oamt .nd Northarn*.......... 3 15 4 ......... 49 516 4........ __,73s,0-23 9, 1 ;7, -5,os 6
Vaba h ................................. 7.79.1951 5.890.563 5.3.12.859.386 6.40.331 -. Central Western Region Total............ 204.248.923 17347,1490 140.739.00101 .693.591259,152.223195.323.159281143.-02 23281,789
oCentral eastern ion Total........... 161.103.91 1.151921 98.061.058 90.723.406 140.737.6214 83.191.966 18.617,020 18.152.019 Alto&*............................ .... .2910.171 2.714.183 1.719.373 1.7152,3311 4,642: 317 .1465.199 -
Atchisom. Topeka and Santa ftI/....... 141.304.2 144.061,9T2 34.939.963 36.799 5 5C.1400.000J35,017.330 10,385,500 9.171.970
Chon. anton Youngstown ............ 4 34 32.1 281.923 61.575 287.210 5.7150 1 -. 0hicao. urlintonai&I ..i ...............31.37.2.22 17.805.329 25.97.363 11.4 53166 23.702,713 11.0 46.91 -
altinore and Ohio ...................... 46.86. 6,372 C,,0 7 30.351,205 19,57.923 1.091.1199 ,15. 2,96 O htag Rock Islan d and Pacific" / .... 29, W..9182 21.27.276 21. '58136 11. 3.733 13,100- -,5
esemer and ke is. .................. 206.415 2.321 180.010 1.56.730 1.871.930 3.377.2 Colorado and southern .................... 2.04166 1.422.599 1594.519 93l 686.39 33j324
Central. otf Nw Jersey ........... 4.613 j23 5.320.621 1.571..128 2.29.08 7. olorado & yos g ....................... 189.765 199.78 135.758 1 3 163900 217,700 .o000
Chicago Eotorn Illinois............... 2.872.043 1.865.5o02 2.069.11 1.053,955 2.537.000 5,000 383.863 Dear a Rio Grande vetern*............ 11.996,165 9.545,937 O8.0.8 .59. 162 5.328.000 -
Chicago & Illinois Midland............... .659.667 W 537,60 439.923 13.712 923.1149 1400 0 -Dever andSt lcake6 ..................... 638.189 605,637 417595 0413341000 -
Chicago. Indianapolis and Louisville$*" 2 2,. 9, 9,239.607 110o PYWorth ad.uDnver City ............... 2, ,9 2,060.33 1,7146,116 1276.876 1.665.600 92,142
Detroit, Toledo Mnd Ironton ............ 1.696.936 1 .06 1354.4 922 64.894 44904r490.6 vada Northern........................... 93,42 103174 97,197 107.95 65.412 8 4.139-
812in. Jole5t aud lecter ............... 1.161,5i u. 6 6 1.358662 Nor thwstern Pacifio ....................... 216.179d d18 d 16 -4%
Illinois Terainal ...................... 92 1.435.387 592.169 1.061.97 1.358.500 14,200 500,000 25.000LSouthern Pacific .........................141.257.428 141,761.988 b.T29 460 3.3151,571.162 21,448.796 3 772.763
Long Isla ....................... ..... 32 2.083,.39 2.002,796 38.1 953.566 Sotern Pacific Transportation System e/ 60.807.371 54.611.370 176.158 7165%4 083,.861 29,8114,096 3772.763
Missouri-llliois"..................... .27170 70 81,8014 36 037 20OO T*eo, Peoria Western /............. 1.578,049 1.2 1 0405505
Pennsylvania. ............ ...... 172,363.140 7.9 936 42.709.1 49.715,5 9310.962 149,1 03 214 13.167,72 1175075 no nPa fic..51417 3.67.691 2 065, 10-. 2-09.22141 5 1 93.-94-819 9919
Penneylvania-Reading Se sh le ..... 1.337.434 .76.7702o A _i 00 3r,192 276,0149 Utah..................................... 91.027 106266 31.66 47.360 17 500 4.000 -o -
Reding ................................12. .198,078 13.035.7 7.853.377 s.636.5128 87. 6.071.526 2,798,50 0 2.798.550 Western Pacific.......................... 1.7982.032 5.623.054 5.807.024 3514,268,300 569,400 -
Staten Isla dRapid Transit ............ 7687.222 131.1"7 107.717
Western ylo ................ ....... 5.383.699 .377.,09 3.399.582 2.276,528 2,597,000 1845,000 Southvestern egion Tota..............95.941.008 91.565.040 58.007.871 52.T?8.167 93.911.091 23.586.306 835.959 92.140
Wheeling Lake Brie.................. 2.5514627 1.890o.597 2.307.527 1.616.548 5,025.000. 4,295,00 1,276,189 1.445.0
Reonaont, Sour Lake & Western''........... 796.841 1.723.766 690.867 1,608.7148 11254.000 66.000 -
'Sothern Ditrict ot l ............... 189.597,394 165.324.232 1140.278.175 115.91,016 244.764.725 .391.430023 45.469.959 42.222.451 urlingon -ock Island ................. 41.239 88,467 d1d 67
I nternationa-Groeat Northern" ............ 2.828.29 2.661.426 0.M9181 4 91,1 7.00
Pocahontas Region total ............... 47.916.313 40.99.995 11.797.616 34.313198 75.91.46 6068931479 32.359.9 33.141.777 Intas City Southern .....................3,918.426 4t4 2.9441425 2 83572.3 .8740.000 ,0.w 2.405,00G
.anea. Oklahoma Gulf ................. .6.,o 420376. 309,732 313338 22873 93,384 IT9565
Chesapeaske u Ohio ..................... 24.952.10 20.392.907 20.930.795 16332.6 35.463.6.61 21 .6227.143 17.686,625 17686.585 Louisiana & Arkana .................3.6 1.612.066 5167953.651 28.95.500 1.210.O0 150.000 150.o
Norfolk nd Western ..................... 15.337.150 13.647.-970 114.71.051 12.83.644 2. .50,000 23.400.000 10.996.669 12. 000.300 udla .Valley..................... 273.786 175.927 71.853 12.84,66-
Richmond. Fredericksburg and Potomac .... .703.262 1.53.351 2.68.79 1.802,977 9826.967 6. 396 435. 229 435.29 Missouri and Arkansas................... 19.51 47,009 20,84 7.012 80.051
irglnian 9........................ 4.923.793 5,005.67 3.462.045 3.094.096 2.773.837 2.622.31o40 3.240.875 .022.63 isouri-kansm-Tm .................... 4,71.70170 5.U488.611 1.89889 2.1 .9 232,.000 235,000
Missouri Pacific"* ........................27.6318014 31.010.913 151,453 18.178.532 26.707,000 2.560.000
Southern Region otal ................. 141. 681. 081 124.424.237 98.480.559 81.599,818 168,650.260 78.536.544 13.110.561 9.077.6714 ew Orleans. Texas & Mexico** ......... .... 1,290,446 2.186.923 d 06' 292.097 2.186,000 66.000
Oklahoma Clty-Ada-Atoka. ................ 208,1 2014505 192.70 178885 1514,441 122.252
Alaba Gr Snth .................. 1. 17 1326. 2.109,26 1.550.579 4.263, o 3,.56.000 1,008,932 1.00.932S S Louis. rownville nd M xio-. 1. 2115 225535 1,14.9.1 91849627 3.291,000 165.000
Atlanta and West Point ................. 35719 366.374 351.868 375.971 884.182 298000 73908 98544 St. Louis-San Francisco............ .. 15.322.1441 13,222.716 7.246.177 1.8625.534 531.000 -
tlanta. iringha Md Coast ........... 15.7 236.930 563.268 45.16 600,.000 200.788 St. Louias. San Francisco and Texas ....... 7,03 526.170 628.787 1450.157 141.000 --
Atlatlo Coast Lin ................... 1..1229716 137.571 11,049.060 12.6.63 3 50.000 9.700.000 1240.059O 14.91 St. Loule Southwestern"................. 7.708.108 5.990.693 5.506.814 .426.531 11.664,402 5,006.883
Central of Gorgia* 6.28.71 14234.22 3.126.149 2.0.20 1.817.262 6s.912 -I Antonio. Uvalde & ulf* .............. 278 229.52 11373 50.000 -
OhrlestoCn Westrn Carolina ............... 5. 586.oo00i 401.471 1400.326 400.000 250.000 72.000 72.000 Texa d New Orleans ................... 19.5149, 13 18 5.3:.765 18.512:69 .365.300
Cincinnati, lw OrIleans Texas Pacific 4.145W.883 3.146.599 .983417 1.947.236 5.972.000 3.786,500 1.875.780 1.87.79 Texa6s E4 P2acific ...................... 6.1518 6.61,46 025.0 4 1.358,300 10.813,1 435 3.063.6114 592.575 592.575
Clinchfild ............................. 3.747.828 3,808.173 2.292.598 2.369.776 179.181 375.522 Texas Mexican ..................... .... ...... 419347 322.373 311416 21,884 89,911 -


* Report of receivr or receivers.
SReport of trustee or trustees .
A Defleit or other reverse Itn.
Includes Boston & Albay. lessor to New York Central A. R.
Includes Atchison, Topeka & Santa* te .., ulf. Colorado A Santa Fe PS., ad Panhandle Santa F. BF.


o/. look Islau Lines.
/ ata not include in totals. Includes Southern Pacific Company, Texas ad New Orleans 1. R. Co., and leased lines.
/ Operated by Federal manager. Taxes accrued do not include any provision for Fderal Incoe Taxes in either the current
or pr*osding year.
U S GOVERNMENT PRINTING OFFICE 1943-0-540164







Subject to revision


C /6 re /


UNIVERSITY OF FLORIDA

3 1262 08851 1158 llll IIII Illl I
3 1262 08851 1158


Statement No. M-125
SEPTEMBER, 1943


UNIV.OF FL LIS.





U.S. DEPO ATOtY


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

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL' COMPANIES NOT INCLUDED)

All Class I Railways Class I Railways Not in
SReceivership or Trusteeship#
Income Items For the month of September iFor the nine months of For the month of September For the nine months of
1943 1942 3 12 4 1942 1943 1942

1. Net railway operating income---...- .- .......0,235,.13 155,062,974 $.07 3142989 976,300,976 78,779,921 $120,736,063 $793,4,104 $748,573.50
2. Other income -..--...... ....i---....-- 15,36?5909 11,959,70 LS3-,01.8804 112,187,U39 14,206,O51 1,109,901 112, 69687 o04,027.195
3. Total income- ....----------.. -. .- ..- 125,604,80o 167,02,44 1,9 ,626,793 1,088,788,415 92,985,972 131,845,964 906,363,791 852,600,699
4. Miscellaneous deductions from income-- --...--- 2,691,268 4 ,417,086 22,197,822 24,1622,,17 2 78,705 4,065,043 19,676.361 20,704,102
5. Income available for fixed charges............--.......... 122,913,534 162,605,358 1,74,428,971 1,064,625,637 90,607,267 127,780,921 886,687,430 831,896,597
6. Fixed charges:
6-01. Rent for leased roads and equipment .------ 11. 4,.90,151 17,598,338 t30,07S,117 131, 16,618 13,4W6,75 16,1 5,071 120,727,649 126,590,046
6-02. Interest deductions/ --........ ------ -- 35,09,50 36,894,311 p24,740,448 332,636,036 23,397,5 25,0874 27 216,250, 8 226,1 059
6-03. Other deductions ------~.. ... 130,126 119,113 1,113,091 1,060,64 97,705 89,035 1,28 79 152
6-04. Total fixed charges ~~.-...... -... 50,029,727 54,611,762 M55,925,656 468,513,338 36, ,134 41,581,533 337,799.417 353,7257
7. Income after fixed charges ...-...--....... -- 72,883,807 107,993,596 18,503,315 596,112,299 53,65133 86,9,388 58,888,013 478,13
8. Contingent charges ................................. 2,905,992 2,10 32 4 9 231 20,2720,63 2,1 19 1, 4 ,351 1 ,201, 68 ,411 ,870
9. Net income 2/h 6 19,977,815 105,683,272 697,-,08- 575,8309666 51,521,11 8 51,037 534,686,545 46 ,903,470
10. Depreciation (Way and structures and Equipment)....... 26,476,148 22,795,440 036,993,876 183,252,977 21,393,430 18,582,392 191,24,26 150,265,427
11. Amortization of defense projects...........----------..- 11,760,704 8,357,959 ~,:36l 0 5,081,776 10,06, 431 7327 892 9,72 ,72 52559,207
127,963,087 ,315,,657,058 549,124,373 109,612,1,6 704 921,603,032 505,907,646
12. Federal income taxes .....--......-----.----...------------.
13. Dividend appropriations:
13-01. On common stock ----......... 9,3-48,745 7,178,586 :95,765,200 81,845.993 9.348,745 7,178,586 95,765,200 81,845,993
13-02. On preferred stock ------......... ... 6--97908 1,,064,204 20,407,175 19398,665 697,908 1,064,204 20,407,175- 19,398,665
Ratio of income to fixed charges/ (Item 5-6-04)-. 2.46 2.98 2.58 2.27 2.45 3.07 2.62 2.35
'All C s I Rail Class I Railways Not in
All Class I Railways Receivership or Trusteeship#
ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of September Balance at end of September
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707) 5- 70,651,166 $58,661,918 $543,185,016 485,299,026 umber of Amount Number of Amount
21. Cash.........................7 5 1,047,299,23] 9196,200 774,864,29 744,645,098 reports reports
22. Temporary cash investments......... --- 16 7 3 219,0 5 386,75 3 September ...193 113 $70,90,900 16 $613,085
23. Special deposits....-- ..-- -------- 173,037,839 147,878,309 132,073,753 105,307 6 September ...1942 121 106,19 ,378 50,10
24. Loans and bills receivable -.. ....... --- .....-- 246,611 998,003 243,5 946,907 9 month ....193 115 702,605,742 14 5161,658
22. Traffic and car-service balances-Dr. .... ...- 35,920,62 40,3,933 27,85,76 34,311,576 9 months ....194 117 584,04,917 4 8,203,251
2.Net balance receivable from agents and conductors. 171 1,317 ,6,8 13 6,433 115,75,371
27. Miscellaneous accounts receivable-- 6314,758,511 -385,020,67 6,29l O 608,7 3719.032
28. Materials and supplies--------.... .. ---------- 5S2O 26 ft 22 ,i 6,51 04
29. Interest and dividends receivable ... ......... ... NET INCOME-ALL CLASS I RAILWAYS
30. Rents receivable -.-.....-......"-...... ....... ....... ...... 2,066 1 ,1 1,2 1
31. Other current assets ...--- ,093,972 13619,41 ,39,973,63 9,84,36- MIILIONS OF DOLILARS
32. Total current assets (items 21 to 31) ..-.... 4,308.691.593 2711.274.,445 3,283,041,245 2,146,186,135 1 60 ------ ----- ------------
40. Funded debt maturing within 6 months 4_/..........- -- 80,898,616 105393,440 i 60,214,136 75,395,500 140 ---- --
41. Loans and bills payable /................. .000. 15,006,866 16,851,200 1,000,000 1,705,850 120-
42. Traffic and car-service balances-Cr............ 1,3310.3 1,625 105,573,925 70,309,109
4 Audited accounts and wages payable 38-.......-..,013,838 3.2,30 312 810 25969,257 100 -
4. Miscellaneous accounts payable --- ------.. 113,837528 6 o6,848 88,37,993 49,233,913
4. Interest matured unpaid ................. 55.950,042 53 777,164 50,o33,28 48,147,897 8 JL I -
45. Dividends matured unpaid 15,154,565 13,6-7,-535 14,812,92 13,2 9,612 80 W
47. Unmatured interest accrued -.... ----- 71.1.....3 48 3 60,568,282 60
14. Unmatured dividends declared ....--------------..~.. 7,475,602 9,0703 7,475,02 ,756,73 60 f
49. Unmatured rents accrued -- --..- .........--------. ... ......6 ,5 20,0917.53 ,49 7
Accrued tax liability .....----- 1,61.,16,19 8---,-, 1 4,788, 7-,9,2 O -------------------
S Other current liabilities .... .- 73,720,908 .79. 9095049 .7 199
52. Total current liabilities (items 41 to 51)..- 2,520,490,591 1.,57,830,74 29.403,632 1,341,152,671
53. Analysis of accrued tax'liability: J F A JASONDJFMAMJJASONDpJFAMJJASO HD
53-01. U. S. Government taxes-- ..... .1,2,729,370 6.88,66,653 1,255,5,,2o00 643,934,411 j941 Ig4 194
53-02. Other than U. S. Government taxes--...... .. 161,397,049 149,927,506 129,193,040 122,002,651


l/Represents accruals, including the amount in default.
2/For all Class I Steam Railways the net income was as follows:
Period 1943 1942 + Increase
3 months ended septeber *%tS14,84 86,3493
6 months ended september 487,9 ,364 8 1 -t
12 months ended Septembere 1,023,316,973 71 436,528 3100, 5
**Totals are based n part on annual report tabulations, which differ some-
what from monthly cumulative totals.
4 Deficit or other reverse items.


/ For railways in receivership and trusteeship the ratio was as followed:
September 1943; 2.47; September 1942, 2.67; 9 months 1943, 2.44; 9 months 1942, 2.02.
I/ Includes psasents of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of re-
port.
Includes obligations which mature not more than 1 year after date of issue.
SExcludes reports of 3 roads for the month of September 1943 and the nine months
ended with September 1943, 2 roads for the month of September 1942, and 1 road for
the nine months ended with September 1942 whose net income (or deficit) was ab-
sorbed by the controlling company.
# Figures for 1942 include returns of the Ann Arbor R.A. 0,. which emerged from
receivership on December 31, 1942 and exclude returns of the Alton R.R. Co. which
entered trusteeship on November 26, 1942.


/---


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS








INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR NINE MONTHS ENDED wrTH SEPTEMBER, 1943 AND 1942


P 2


UJ A 0U I r ISOOL. DImVIDooD r amNO Bn L.WAT COP RTIING 11 Im r At. ALo00o DIVIDM
na aR&ILI0, T PMTIG NA APPS O lReion and ra llnw IHNOOS a AM PPRPRPATIONS
leion end railw y
1Ron943 1942 1943 1942 1943 1942 1943 lt 1943 1942 1943 192 1943 1942 1943 1942

T A l .................. t $1,073.142.999 976.30,9 976 $69744, 4, $575,839,666 $1,073.657,058 5499124.373 $116,172,375 $1o01,2la.658 soMtrn1 lerton tontinu
man Distriot ol .......... 388893,30 358.236,879 246,065.578 206,501,377 315,596.187 190,140,472 29,242,804 24.141, 95 $olM -d Grenvll .................. 75..:9 5,3:: 2.9:17 3. 399 -
nw And on t ............. 41,7o137 37,,175 6,077,101 2o,1429, 42 s, 68,111 1 2,100 38,210 Geori I L.see Orgsnisation.. 3116 2.520,36 2653969 2,0, -
N o we o rga-T oa.. . . .4a o r . . . . . ...1 1 02. 1 0 3 95. ....1 5 0.9
0 6 12,5 35 4 1460,720 2G3,925 239.250 Georgia Southern and Florida ............ 89.762 649.900 1,323,000 366,500
r andr Arn took ..................... 1,089 954.5) 639.019 42.535 4 2925 239250 ........3
Boston and Msane ...* 9,637,07 10.1 ,054 5.973,365 6,176.9 4,375.000 4,052,o000 G a.t a nd SP Islab ................2...2 3 2 3,8 .00 1, 8, -
do and0Main...49.........oaf, Mobie a. Ohio ................... .735.315 3.9.6......
Canadi National Lines in No rli. .. Q.1 Illinois Central .......................... 2376809 17.554075 16.269,593 7, 09 16,219,000 13.452,
an Pcno L..I....n T t ....... 4 .7 4.100 25132 Louisville nd arile ................. 19,677.252 16,375366 13.861,379 10,193.990 42650.3 26226.45 5.50000 585000
Central Veront .............. .. 159. 1..253 25.1 it..s.sipp Qetral .................... 230.907 2g7:763 4.763 9129 108 97 23,685 -
Intrnationtal 0o. of Maine ........... 1739,67 1.1 0,39 1 113105 10960 3rtll aBs. L. ....... 3607 37634.37 .5, 559
Main Central ...........................********** 20.92 1,9.194 1,22,2 1,029,6 1,131,091 781,4 10n6 rthf .......Moo.o...... ,292.1 1 351 1 432 1,6 3 1, 000
w York Connecting................... 1,037.108 1,375,939 349,965 700,003 215,000 65,000 New Ore a Nothet............. 1,22991 17.351 1086,432 1.226,9711 3 .1000 1o6l5.000-
New or N an nd HartTOfor ............. 13026, ) 1,7 1366 136470 12,192,9200 9,09429Ioolk Southernm ........................ 7251 8 91,356 ;37.99599 516.227 291.996 6 06.152
k lowk, Ew a Ka nd Rartford* ...... 26483,13 21,61.703 ,,... ... 2050 ,OkS ala6016 1;,sp. 0 11,2 ,0 2 .0,000
.14.66-163.653::::: Seaboard Air Line'.........1 9...099.....-........26,0500 2163)4,0 16,340,32 1)4 75,08 11,200,000 2,500,0 -
itland'.................................. 23,912 3)4,278 52,576 163,653 -Southern ............................27,333,:7 28,5136 1o036,377 18,29o:,82 16,633,000 22,325,000 2,596,400 75oooo
oreat Talrs riona l ..............152,206.761 137.118,313 95.261,626 73,368,098 148,669,343 79,435,302 9.2901479 5.736.145 nn C entral ........................019 47 1,8 2, 7385 17,500 817500
-__ Western 34. of Alabama...................,510.654 610,198 4.;6656 579,8g& 952,716 473.000 12D.000 150.000
Ann Ar bor.. ..................... .. 620 3635 416. 14.1774 1.76 Tagoo a M17,i ppi ay ............. ad4,830,725 9.972.255 2.71.4992 s,42.51 2,861.250 -
CmbriaadIndiana................... 390.612 612,25 364.4P2 5300 J1.268 6942 11.000 120,000g 66
,,am, e s..................... ,,2 a6,59,53 3 99 7,633 3,,977 26 2,97,000 western mitriot Total .................473.267 42612497 29 9,62 .32,74425 5 14 0667599 33,5
Delmarom Hud 7.~on .**************** 7099.623 .:2,91,000 4T.26T.462 1 426.124.4973 296.199.8723.3 .531. 194Jy 2, 50
Delaware, Lackanna and sn ........ 9,2.050 ,204,526 ,7.229 3,110,115 4,230,000 3.135.200 4545,816 ao57 0
troit and1a7kTnaod.................... .19,394 17,673 91.270 25,200 Notheste on otal ............. ,90,500 1o7,3330,51080 83,A,5 41,,5,4816 o.2o5,789 50.,9S3360 7,972,968 3,1714.011
.1 .... 332 0 15,039,508 S,53,869 11,114.,051 18,967,356 7,499. 3. 232,912 3,12.030 Chioao andNorth Western .* .............27,697,308 17 31240 16,T 02 5.793,915 11.500,000 5.5,O 22000 -5
G6D7799 9Chicago Great Western .................... 2,81) ,013 2,149, 20157 1,352,375 3,14.000 1,721,000 915,269 28,5
iand Hudsn iver.................. ... F 7 25 2,870069 2,395 164,745 211i,5 Chiosgo, Milmake, St. Paul and Pacifio** 41,67302 23,160.517 25:508,762 6302,772 0, 0 8,927,000 -
Lehit and New ri ............. .0. 1.1136,95 667116 995 59320 Chin, Sa it Paul, Minneapolis And Oha 3,691.0 2, 00. 1.52,188 226, 5125
Lehigh Valley*...................... .....1059,:6793. 7 T,1% 9 819431 5 : ulth iMisseab and Iron Sange............6,7988.431 56,1114,312 .4,103: 9,392,675 1)4,851.197 14.112.,95
iTp aly ...................... 95561T 1.*** 10T6.620 I 50. T Buluth South Shore and Atlantic** ....... 736 .3 79 -
5 &.& 4 799 3 -7 255.000 D ltWni es Paific............. 2..1. 3 26 '23 2
M0 tour ........................... ...... 09.2585, 65 52 1. 436, 053 1152 255,000 lth, W es i ..m ............. 1.18 103,7114 -
New York Centralt /..................... 68.941,002 58.86,444 14.6.99141 32.129.05 .0 3.6, 3. 223.697 Great Northern ........................2...2.279 3 25,121,5 1,03 2151.1 2.112.307 12995,000 .498.899 2.49,896
New ork, hiao and St. Loisa......... .10,318,300 9.659,3 6,968,235 6,03D,7 1,091,00 12,20o,0oo00 orn a a tn W..................... 03,79 27,619 4.,950 2, 1120 700 125,000 125,000
Now York, Ontario and Ws to*r 0 ........ 20,83 0o 19. 43)L 25 6 -091 1 akr SupWir Ishpeing................9.....955 74,735 .14,062 750,99 01,.672 591.731 321.300 321.300
Nw York. Ssqunnaa and Western.. ..... 26,o 706952 3 .457 42 3,39 Minneapolis & St. Loui* ................. 2,r .97 1,96,230 75,000 -
itbe aP Uott ...............................96 14 ,237.960 3,168.737 2.153.?72 336.ot7 98 2,159.12 -2 5 mM innpols, S3t. Paul & sault Ste ie"* 6361 5,1 .,.127 81,6 -
Petre Marqu...-...e o ................. 4, 960 3.31 0 : 2 5,6 :,074 5.:51 2.159.125 1.727. 0 northern Pacific'...............c.......2 23,,61 18,100,205 13 ,09 79 .1 13 5. 3 2 -
Pittsburi & smtakar...i .............. 201.619 262,159 33. 85, se enter nona ...................... 234 21,959 191 1 30,927 123. -
Pittnburjh & ost Virginia .......... ..93 1,14,9 ,4, 40 114,063 Spokan, Portland and Seatt2le ............ 31 1711,641 1,762,93 2,128,897 1,300,000 -
Pitteburg, Shaut and Northern 11 ........ 113,8 66126. 1_91 ,.
Wabsh ............ ..................... 827 6,5 736117 3. 32 145,43 .354.1 central tern eion Total ...........22263211,760,261 151706,768 128,995.152 295.792,4112.691,656 31.783.672 29.349,439
cn l t rl n te on ot .,92175 183.934,391 12 ,726,01 112,703.837 148.458.733 961 03,070 19,6045 19,005,250 lton ** ............................... 3,109.5414 3,215.22 1776112 2.072.637 5,171218 1,715, 402 6-
194.9al75_96.03.0_0Atchison, Topeka nd Santa Fe k/ ......... 15,M,9031 53,206,712 38, ,1455 5,073,065 92 365,000 39,703,330 14,026,090 15,239,620
Aon, Oanton & otol"........... 769,209 4 20,37 322,610 92,200 Chicago, rlington & Qaiy ............. 2,4 71,9 23,909,188 26,78,e99 17.259,07 29,8,167 ,114,02,3
inr and Ohio n .............. 76 ,1 329. Chia, ook Islanandnd mPacific* / .... 32.368,0 25.138.3 229329 14,070 15,00,000 1,600,000
lteore Sand L hio.................. 1.3.1,7,68 42.6 3, 1,259,320 2,430 1 S e32rn C.....olorado ad Sou .................... 2.355.520 1,723.617 1.,812,64 883,.9)14 7 5.956 "- -
sedrandTauk*e e....... ...........1... ,692 2690,716 3 1259. 2 2 .071 Colorado & om...................... 196,160 207704 135,9 1 1000 27, 125,000
Chicago & sateWnIlln ...os............ ,013,312 6M,3, 101 2,912000 790,000 767, W ionT aL te .t6.. ......... 13,515,2ea 12,132a S, 7 5,961,000
Chloago & ltnm otn Iiolt............ 3.114,815 27,310,3 2,,53 6,6 11712 ,47 0 14 000 -. Denre and Salt Lake..................... 667.81. 7584 4.72 2 61,0 -
Chicag., Indianapolie and ,Louieville. 2, 156 1.963 61,373 593.198 290,000 ort Worth and Der City.. ................ 2,:.337 2 104, 0, 108,024 1,003 1,04,3572 95, -
Detroi 1t,| Tole45|.d0rgtg....667 1, 2 9 2 6 5 66 a621 7 4,062
Peo l a .ed. a s ...................... 1 .9n 9 .37 :, ,, 0, .46 AItrn r ". .................... .... 8.9 3.7179 57 1. 0 9
tga, Joit n i torn. ............. 1590~. 9 .64 ,15 .4 1 4 arth stern Pa ................ .... 7 107033726 63, 609 ,50 33 06. -6.2 910,959
- ....... 0. 02..................... 2.9 22.o .. s.rPai .... ................ :::::::. 3.3
Illinois Terminal .................... 1,153,1517 706 47.0741799 39,2692 .120.496 70.569,960 004,0123. 557,.077 e Pifo .7 9,523 3,95.549 58709 6826 3,8 592 93.3 179565
5b,7s10 5 ,0a2 00Is**T.............. *:: *1 9757.36231 050 2 .0001-1Toledo, Pe orls, & W western . . .0005682 56 N1, 736,735 ,0 000 29 621 ,9 3 ,9
4;Mi ln .. .703 9 45$5.68D 63, 537 63.596,516 92.17,179 56;6266145 13.167,754 13,167,75)4 Union Pacifict.......................... ,,0 31.53711011 32,708,005 31,
snyan..ia.R....ia ...in ................ 3 793 3L47, -9. .695 .14,36 Utah ..... ............................. .7 a .0o 141,9 11: 500,2 -
sReadi ....................... ........... 176,371,37 ,66,193 6 3,1, 2..............2,5 6,95,37
Staten Islad Rapid Transit ..............n.08, 1580194,133 -8 211T.400710 -
Westerm s Matyland spt.... .................... 6,025 5023,18 37852 2658156 ,9420 995000 S thw"t sn- otal ..............106,260,T24 107,033,726 63,609.50 63.3 8406 106,532.64 0,63.3,15S 910,959 997,140
Wheeling and Lke ... ................2..... .928 16,247 2,69,4g 1,5 5,64000 4.97s,000 1.5299,1 L 69834 ou noo a est............7 8,,23 5 1,00 1 -
ASDtina Dsirtr Tot AL............... 210,9622.19 191.939600 .55,178,683 13511U48,915 275529,68 166657 6.261,972 2.92.673 ln Oringto sn -Rook IslandTe ................... 1,67997 109,203 1 100 67 -

_____.". ..... __:__:_9_ _:34:5_ 33,1116,777 a Tns"a, Oklahoma & a .................. .9 5216739 .107 35,.83 33,502 29.772 932,34. 2565,
haeeks andOhio ...................... 2,166,0 ,322,0 23,637,179 18,69,706 010,832 33.356,05 1766,628 17,6186,55 Louisiana & Arkansas .....................1, 1,7179 901 9 7 3,1.00 1,635,000 225000 225.000
Norfolk and Western..................... .17,161,771 ,W0,913 16,8721 15.1,591 31,60,000 26.850,000 10,99666 4,000,0 Midand V2alle............................ 279,690 213,7)4)4790,662 2.37 -
34., --,. _,_,9,,, ,_,_: Missouri Pacific". ....................30,662,,, ,30 35,2.237 1: ,.o160 21,022 307,000 -
Oklahoma CityAdaA"tok ...................... :617 22695 2 ,1 A 191,704 116,191


Alabama Great Southern................ 2,133,L507 1*167,719 2,390.335 1.652, 0 1 ,863,000 4,117,000 1,008.932 1,0089 2 St. Louis, Brownsville and Mexio ...... 2.097,189 2.540,581 1,613. 2,0692 3,5000.361,000
t a We ................... 370 i,2 38,989 966,757 35.,00 7908 9r,5 St. Loui-Sa Francisco" ................17330627 16259,887 816,62 6,64 5 61000
Atlanta., Birminhsa and Coast .... 579,35 315.,22 612,1595 324.746 650,00 250,7 .I. St. Louis, San Francisco endTexas.618,989 765,707 666 6114 5000
9Atla4t8CoatLine.................. .823 10910367 .15.0 2 34.000000 12.200:000 1.210,05 14.919 St. Louis Southwestern".................. 8,526,232 6.12.167 6,053,302 4,274,o,0s 13.208,158 6,506,83
Atlt of aeorgian .................... 6..3.W.1 .8 1 176851 211 2.1.3 2210 .2" 220,000 1%. San Antonio, Uvalde A Gl.............. .... ...36. g.L 40Ql. 72,000 -
Charleston & Western Carolina............ 08,232 n21 ,2 33,000 5000 72,000 72.0 tr 2 Nw Ortm ...................2,27,2 15,3733,52 17,1,51 2,21,615 ,33, l,93,~7955
ti, ew Orlens a Ta Paifi ,633,77 3,0,07 3,21.0 16,66.387 607,Z00 4, 300 1 0X Tex002Tas and Pacific .......................6. 4 759 7.750,7 13,924 5.215,938 12,107,435 3,53.61 592,5 2.5
Cl field........................ 4.0T.719 ,334,58 2. 1.865 2,715.130 520.756 45,752 Texas Mexicano ........................... 6507 7,5 29,195 250,199 914,392-
BD~~~th~~~ra ~ o ........ 5r2.6 1442561.0. 5~~63 1.0,10 9~0(, ~ ~ Ctb-th ... .2).4 ~ ~ ~ e W;0
fl/.86" '1 lock lead L pines. .~~.~


* Report of reoiver or reeivrn.
* Report of trustee or truatels.
Deficit or other reverse item.
SIncludes oston & Albay, lessor to ew York Central 1. R.
SIncludes Athison, Topdek & Santao Pe .. OGulf, Colorado & Santa Fe B., ad Panhandlea & Santa te* e .


S Rock Island Lines.
Data not included in totals. Includes Southern Pacific Copany, Texas and New Orleans R. B. Co., and leased lines.
Operated y Federal Mager. Taxes aornu do not include aw provision for Pedeal Inoom Taxes in either the current
or preceding year.


U. s GovrRNMEbiT PR 4





7-C /.3 *e. -a 't. / o/io3


UNIVERSITY OF FLORIDA

lll l III111111111111111111 INTERSTATE COM M1ERCE COMMISSION
3 1262 08851 1612 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


UNIV. F -L LIS.
L L .p


U.S. _(


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

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

AllClass IRailwClass I Railways Not in
All Class I Railways Receivership or Trusteeship#
Income Items For the month.of October For the ten months of For the month of October For the ten months of
1943 1942 1943 1942 1943 1912 1943 1942

1. Net railway operating income -1.................. .... 13,08,3848 $184,779,810 *1,188,410,000 $1,161,080,786 $81,862,972 $144,672,724 $877,940,240 $893.)46,228
2. Other income ......------ --------.......... .17,770,0)9 13,047,453 141,253,842 125,534,893 16,077,104 11,850,028 128,546,790 115,877,223
3. Total income ...... ------............. ..........------- .. 130,853,887 197:827,263 1,329,663,842 1,28,615,679 97,940,076 156,522,752 1,006,487,030 1,009,123,451
4. Miscellaneous deductions from income .---..-------------- 3,099,387 4,551,673 25,297,207 28,714,448 2,815,153 4,264,441 22,491,514 24,968,542
5. Income available for fixed charges.............. 127,754500 193,275,590 1,304,36,635 1,257,901,231 95,124,923 152,258,311 983,995.516 984,154,909
6. Fixed charges:
6-01. Rent for leased roads and equipment..... ....... 13,496,722 18,265,433 143,568,838 153,082,051 12,436,270 17,208,212 133,163,918 143,798,258
6-02. Interest deductions /.......... ................--- -35,712,080 36,842,594 360,452,529 369,478,631 23,657,603 25,098,282 239,908,091 251,292,3,1
6-03. Other deductions ----...- 123,193 121,982 1,236,284 1,182,56 90,153 92,538 911,43 886,690
6-04. Total fixed charges--- .......... ..... 9331995 55,23,009 505257,651 523,743.348 36,18,026 2,399,02 73,98 2 395977,89
7. Income after fixed charges --.........- .. .. ... 78,42,505 138,0145.51 799,108,984 734.157,883 58,940,897 109,859,279 610,012074 588,177,620
8. Contingent charges 23....... 9. 2,313,768 23,579,479 22,707,800 1,633,973 1,551,794 15,959,742 15,088,063
9. Net income 2/. -- ........... --- 76,026;558 135,731,813 775,529,505 711.450,083 57,306,921 108,307,185 594,052,332 573,089,557
10. Depreciation (Way and structures and Equipment).... 26,440,285 23,114,458 263,434,158 206,367,434 21,428,139 18,875,463 212,674,061 169,140,889
11. Amortization of defense projects-..----... ----..... 13,608,927 8,629,145 114,345,332 65,710,922 12,055,872 7,766,640 101,780,344 60,325,848
12. Federal income taxes...................... ............. 108,529.540 84,847,936 1,180,070,069 633,972,309 90,557,766 71593,380 1,010,044,269 577,501,026
13. Dividend appropriations:
13-01. On common stock ........... .2,134,561 ,783,609 97.899,761 87,629,602 2,134,561 5,783,609 97,899,761 87,629,602
13-02. On preferred stock ........................... 4,781,378 ,375,0 25188,553 25773,745 4,781,378 6,375,080 25,188,553 25,773,745
Ratio of income to fixed charges/ (Item 5+6-04).. 2.59 3.50 2.58 2.40 2.63 3.59 2.63 2.49
Sa Class I Railways Not in
All Class I Railways Receivership or Trusteeship#
ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of October Balance at end of October
1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707) 587,068.549 $50.636.914 $5441.606.008 $478.688.416 Number of Amount Number of Amount
21. Cash ........ ..........----- ..-------- ......1,21,174,98 1,066,58,777 90 ,329,483 795,. 344, 2 reports reports
22. Temporary cash investments.......-. ......-................. 1,6 ,199,107 59,695,186 1,2-970,157 529,975,3142
2. Loans and bills receivable. ................................ 240,-52 985,170 237,371 3,23 October 12 11 -36,9-8,745 16 1,226,732
2. Traffic and car-service balances-Dr........--- 3.395,727 4o,1,587 29,881,277 33 2,899 months.. 193 116 7 80,81,13 5,287
26. Net balance receivable from agents and conductors.. 166,3,706 145,322,532 132,687,329 118,434,53 10 months.. 192 118 719,285,73 13 7835,651
27. Miscellaneous accounts receivable............. 649,86,4O4 400,792,281 519,098,715 316,533 32
28. Materials and supplies............................... 528,86 1920 515,73.830 423,856,600 414,271.90
29. Interest and dividends receivable.................---------... 25369,119 234.0824,793 23,086,809 22,505,856
30. Rents receivable..........-............... 1637.409 1, 27,006 1 9731,864 9 21,~51 NET INCOME-ALL CLASS I RAILWAYS
31. Other current assets ........-.. 57.724.63- 14.40o.937 r44.5.658 10. 787.54 MILLIONS OF DOLLARS
32. Total current assets (items 21 to 31) ....--- 4497.880.457 2.942.203.32 1 3.444.132.718 2..335 .173 1 ----------- ----60--- ---
40. Funded debt maturing within 6 months ... ---- ......-- 80.4o09.344 162.056.422 5..907.9.3 129.9524.95s 1|40
41. Loans and bills payable ------- ----..........21,006,866 16,80,651 7,Z000,000 1,705300 12
42. Traffic and car-service balances- .. ................ 15481,110 114,4 478 10 0,229 77,388,212
43. Audited accounts and wages payable---.......................---- .46.4 997 -i325,887,74 26,6109'lll
S Miscellaneous accounts payable.......------------..... ......... 114,706,519 67,077,72 88 5,284 48,061,835
i5. Interest matured unpaid- .....--_ ..--.. ..... 5,7,917 -7, -,1 3, 27 34,3, i 80 ----- -57 34 13 ----
46. Dividends matured unpaid -- ----- ---- 2.................. ................ ,, ', 129
47. Unmatured interest aorded-. ------------ 68,i9. 771. 63*. 67 4,808
g. Unmatured dividends, eclared........- --.................. 11,8080,7 20,99, 1: 5,27 -60 -- _1-- I20
o Unmatured rents a ed. ------............- ....... 28,8,3,97 27. 113.87 24.776.327 24,.92,54 \
Accrued tax liabiitl............. -----------. 1,7-5,--2 922,- 8,33 2-5 69 8 45, ,19 -0
Other current liabilities ....... ---- .......7 1 3.93-8.9-9 49.91756 49..' 3.370 I II
52. Total current.labilities (items 41 to 51.... 2.674.077.342 .695.533.877 2,205.874.35 1,431.492.379 ----
53. Analysis of accrued tax liability: 8J F MAMJJASONDJFMAMJJASONDJfMAMJJASO ND
53-01. U. S. Government taxes ----------.....................1,578 65 788,901,9 i,5,56,19 702,79 19 94 19
53-02. Other than U. S. Government taxes............- -- 156o569',637 143,266,967 123,956,380 115,408,921 943


S/Represents accruals, including the amount in default.
For all Class I Steam Railways the net income was as follows:


Period 1943 1942 Increase
3 months ended October *247,593,346 331,708,06
6 months ended October 43,178,532 563,402,626 2
12 months ended Octoberz- 965,791,977 793,889,019 I171,A9295S
**Totals are based in part on annual report tabulations, which &affei some-


/ For railways in receivership and trusteeship the ratio was as follows:
October 1943, 2.48; October 1942, 3.20; 10 months 1943, 2.44; 10 months 1942, 2.14.
'/ Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of report. '
/ Includes obligations which mature not more than 1 year after date of issue.
SExludes reports of 2 roads for the month of October 1943 and the ten months ended
with October 1943, and 1 road for the month of October 1942, whose net income (or
deficit) was absorbed by the controlling company.
# Figures for.1942 include returns of the Ann Arbor R.R. Co. which emerged from re-
oeivership on December 31, 1942 and exclude returns of the Alton R.R. Co. which
entered trusteeship on November 26, 1942.
\


Subject to revision


what from monthly cumulative totals.
d Deficit or other reverse items.


Statement No. M-125
OCTOBER, 1943








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR TEN MONTHS ENDED WfIH OCTOBER, 1943 AND 1942


Page


in BLUaa 1sAR MET omMR 11 0" law1 3DIINm ImS aT MaT MUNG ZIG Io01 IRmao 3011aT!m
130901 fZain h APPailaU Wg IGU m s- 241 APPROI ATIiONS
SeglOt a radlvq _A_ __ lioan d railv1w
1943 1942 1943 192 1943 1942 1943 1942 1943 1942 1943 1942 1943 194 1943 1942

aite states -otal ................... $1.8,410,000 $,161,so,0.76 $775,529,505 0711,450,o 1.3 1.ls0.00o.o069 $633.972.309 $123.0o .314 $113.403.347 oathen atr o Cut
Maetam .itritt otal ................ 5.866.77 14o2071,2.l 5 2680. .333 250. ,.613 314.46.101 a9.9.9s.46 31.456.317 86.520,776 Colukt so Ore vile .................. 48.466 9o2 66 *104.69 18.649 61.780
ro SBt Oet ..................... s8,472.0 5.54.341 6.12 3.192.335 3669.975 200.000
w ARaa sen etal .............. 45.719.479 42.91. UT 2,.771,755 4.349.962 20.522127 16.732.360 o402,690 sergsia. L -essu Ogrrc at ...... 3.3. 2.893.745 2.82846 .3761751 -
Ge-org"ie nort u a ....................... ,864 10693 5.1 .
er sag Aroo took .................. .. 1.423.7 1,.088,48 9 8 5 657.320 333.92 239,o 0 &orgat h ern dit noarUAo ............. 9,383 82,.2 1.3snoo 396,500o
s on a .. ........ ............ 10.51 7 1, .018 6.44.425 7,.340.83. 4691.000 4.81.8 00le Im sp Islas& ..................... 0 3.357 1 267.020
oaiaan tional iusn in I .. 1.6987 13. t t A Ohio .................... T 4.4472 9 3.127.68 4.16800 2,362.150 70.579
oasmaien rti oe ine n Tw Ins .. ... .3 inoisentra ......................... 27,010,253 20,672,532 18.063.770 9.5938 18.6.000 1,677
Central Tmot ......................... Idet. IMW 85.565 107.100 27,932 sillI an mihtUe ................. 21.92g.092 19.6929 15.430,593 12,9. 493 147.4400 29554.050 5.850,000 5, ooo
Intatironat co. iat .......... 1 517 1.331.56 ~ 2. assiai entrol ..................... 23.07 1 4 1 676 201,0 .e .301 59.134 -
lai1 otral ........................... 2,165.746 2293,15 1.,8 16158 1.201,257 9633 163. a h L ..... 065. 4474.92 ,929 31 6.66479 2.07177 767946 767,46
e Tr Co tin ..... ........... 1.1145,211 151.020 367.49 760,277 0,000 113.000 Nw Orleans at Northeastern ............. 1. 462 00 1302086 1,234.51 1,46 225 3. 490.000 2.65000 -
. Twk -. N a n s- Uort9 t ...f...r .. .957.069 44,05 23.75.761 5.6 4 3.5,450 10.490.70 lorfolk s thn ......................... 952,4 1.07,.10 573.918 53.252 3,2.612 450,35
l ana ................................ J0.937 496. 1 926 23692 e r Ar a* .............. ~ o, 24.3 68 17,661,17 16-360,9 12,700,000 3.500,000
S.................................303214,375 9765051003.000 26125000 3346,400 750.000
Great akeRs Retes otal .............. .1565 1.714 160.654,909 102.271.152 87.658,81.3 155.951.771 92.121.06 10.913.076 6.979.090 enesse*. Outnl ........................ 69.1346 .11 916. 5.04.35 9.9004 292.824 e .317500 175000
.ton .y. o Alabaman ................... 561.883 761, 525,150 727.296 1.038122 495000 120,000 150,000
ein Arbor ............................... 66s.559 079 3.710 16319 493.9538.2 TUse sad Misestisppi valle .............. 4,957,915 1,081 2.653.62 9.46 4 2959,900 5000 -
Omaris aed Iaska1 ..................... 477,112 6, 039 4 5.7 25, ,T 773. 180,000 180.000
Sl.mara t m oan ...................... .. ,9 7.,79,333 t4,874 .3.029 1.98 3.131.000 Wes.n met s ................. 530,431.873 56.204.o0s 338,002.924 300,084.93 530.958.765 22,65267 43.166,498 42.896.572
]almaro, Leambamns sad Woor ........ 9.392.380 9.322.111 3.97713 3,987,052 3,872,000 3.661.00
Detroist e__Is ..............::::........:: 1305615 20,7 180.089 5,8200 s5radest o fotal .............. 167,863.232 131.15.587 96,836,369 58,036.835 88.427.142 60,298.50210.471,867 5.672,910
Detrot and oldoe Share i ............. 630 66831 570,510 418.958 0,8 350,000 200
ri .................................... 1912.697 20.379351 8,77.131 12.600.183 18.318,86 2 8.940.091 4460.09 4.401.9 Ohcale sa orth Westr ..............32748.252 20,7006 20.352476 8.032.991 .500.000 6,500,000
Orat rnk estrn ....................... 5,435.35 4.522.678 1.769,1417 718.817 1.09o.192 200,000 oChicn reas Vetan ................... 3208337 2618438 235209 1,727193 3.6,000 1.01.000 915.269 a228.15
Lehih and nBam liver ................. 250.181 370.19 270,155 390.283 352.901 513.34 .745 211.15 oueso. mlvmke, Plt al a int aoai1,54.2 e.385.497 .29.e182, 8.669975 17,433.000 11334,000 -
ahi-gh and N o gla .................. .1,1.143 1.215,947 913.923 936,947 663,180 6o81,7 Chateie, aSat Pt, M0ineap s at OS 4.29.375 2. .828s 187,995 94 791996 -
LeiLh Tallr ........................... .1350.1 ~ 5.23.3 4.410.577 .4,925.000 3.731.81 ath, isseb I. tro as ......... 8,5.570 7. .2 7.85.352 6.195,. 1.2.514 16.67.988 4.112.500
MOnouSas .............................. 1.009619 1.306,. 591.620 87126 902683 73 4 374.700 assh, south or tlea A tio" ....... 965.041 856,774 23. -
tour ......................... ....... 657 0 95.04 .006 660.269 470,0 4,722 5 0 Bat. vl st efi .......... 0,991 123.211
ew Tork eatral o/ .................. 75173.34 70.51.750 51.5 .2 .903.386 74.255.22 36.. 3.1223697 beest 9ertr om........................... .S23,.29 31.81529.813 5.28.473 14955.000 4.997.798 4.997.795
sw Tork. utage s ta Louis ......... 11. ,069 11,7 2 7.7 2 7.747,29 1 20.052.000 14000,000 Ore r S m Wenst .................... 528.95 279292 77.059 2863 l .0000 25000 1 000
w York, Ontrto and vesesrn** .......... 176,137 4o ake s eaier s peiac g................ 8099 87,655 814,635 832.321 417.219 769.114 321,300 321.300
Nw Tork, keqse hhma eu Bd Vetuant ..... 90.2 777.935 290,502 68,795 apollts a l .................3,136.56 4413,75 3o.34 75.000
P.u Marquett .......................... 5. .577 5023.527 3.4,45 2.688,551 3.751.897 1.263.183 Mieap s Paurl a lt Ste. M .r 8,173,. 6 6,58,444 1 6 I ,4913.630
Pitteburgh manlake Sri ................ 5 1.659 5427,179 3637.757 354.751 6.027.585 6.190022 2,159,125 1,727.300 Northern ite ......................... 2801953 21.917.621 11.25,483 7.139066
Mittekur ad a hmst ................... 2262 0697 P 4 9103.343 -- apome ZIteuatiuea .................... 9,721 091 2 7 28115 1570 -
Pttsburgh Vest Virint .............. 1., 347 1.462,62 11.85. 525.329 179.696 pe. Pertla t a Seatl* ............ 4.771228 5.69.65 1.959.978 2.741,47 1550,000 -
Pttaburg, hast sa Nrthner* ........... 130.555 0,592 1.796 6 -
iabaeh .................................. 9,876.399 7.389,625 7,091,346 4oo 16.79318 10.0365.298 eatresl western ate ........... 2t5.311.356 259,400.828 171.,416,7 165,059.8 322.274.23 129.766.209 31.783.672 36.226.522
OCentral oaste o ion total .......... .2.5, 084 217,159,319 136.999.426 138.443,80W 167.572,203 111.135.680 20,140.51 19.541.686 Altes* .................................. 3.309,014 3, 69,s8 1.828,692 2.633, 9 5.5668,669 2.20.90 5
---------4--- Moblem. apek st ma'Seass f ? ......... 52,152.870 A.Z,43544.238.7899 6.7259:98,193,762 45.324.330914026.09018.343,940
tro., Oatoan o Tanao oan" ............ 852.27 509.677 223,81 103.1 356.410 14.600 O kteh ritaoma at er ........ ..... 5,.077674 284%,2,1 4 5281.2689 n21 7 3545,731 13.935 2 -1*.1 -1
altimore sa Ohio ...................... 56.189, 48,834.937 35,416,62 27,l.042 a.2l6,499 16,009,561 hia, S a tl a aofio / .... 4.772 4 29.952.853 24,70,013 17,778,14 17100,000 2,700,000 -
aiMer anI tk* ai .. .............. aim:7 333 1 a1. 2 2.9a5 0l2.7a.3 Omlg n bSathern .................... 2,665.72 0 00 2047.288 1 795 1 -
Onoral 1 763.6 1,10.000 ............ 363. ,ooo o 100,0 lrg .................... .55 20.590 1 201. -, 12000
., ,. ,.,.1? .. *......... ,.*.,,9 '*: *S: i ^?' SS'S-nMtt ^. .. 14.,68.6, l.34.6 9.57.7S 9. 6 6.415.700 300.000 -
Obehiang net h r inaol .............. 3.313.139 2, 5 2, 1830,.3 3212,000 1,0 5,00 767,76 Deaver mat 8Oe Urate Vestep ...........14,68,5 14 0.565 9,.79 4 9.0060 6. 700 300,000 -
Chi a Illie s .. idea ..... ......... 829.519 .,9 5 34 531. 1,166,949 909.000 -- IDevemr ad Si Lak* ..................... 638.41 41.726 36.470 566.8 61,000
Chicago. aiaspelt mA Iievle*a .. 2.851,.2 2,.032.760 1.66,220 ,813 365.000 ert Worth a Dnver OCt ............... 328,1: 2.910400 2,262.073 1,949174 2,170966 231,626 -
Batrelt, Toledo an Irontn ............ 2,09036 1,66,20 1 9, 1. 336 96 7 732. 490,6 490,6..........................16 13796 15,91 4,1 89,0 100. 794
., Jolt. ant m etrn.............. 1.0,967 2,4, O 1.070,716 2,115.99 3.494 130 5,416.00 Irtmrtm r eit ..................... 83808 615 6 .01- -
Mlis.sour m.inaoi .................... .. 367.39 4479 365429 5 192 65.000 00 a., ort a, W r .............. 1,99068 70 1,9: 6,903 -
t ............................ 106 6,3 70,76 2 79 65.655 10 53 67754 13677 e ai ............................ 373819 42.2 85500,000 3376 39.19 3.98489
PauL an I s ............................. 1 .3 ~3 .,538 r ....................................
urtart';a' *** ** .: *..**,*8 1 54.'JS S 92,3,1L 39 To 7 *W' 3. 390 39.0 1090-5o r lu8** ...................... 10.. 0 54,a70 8,r907399 7.386,875 6.14 47 6.5303100 1.38:400 .7-
states IsTa l pid frasi. t ............... 1...........53.75 9.392 12.8 -. 6..
lerIn a ....a............................ 6,6 65 5,3.377 4.147 3.1 91. 3.37,000 2,33 ,000 S rn l -a .................. 5, 15T08.6 33 69,749,831 76.988, 1.57 0 37.91556 910.959 997,1
Whetelsg -a 7ake 2ri. ................, 3,8 ss 2,85.567 2,991,79 2.516.33 6.193,00 5.319,000 1,76.017 1.95 8
eauSs .Sou..r. le144 5t3rn0.............132. 2,216,099 .,1.o., 2,072,341 1.793.000 21.G00 -
.SMthr D...ri.t- ta.................. 232.111.850 2.13..893 169,1b,48 160.912,577 305.065.203 186.326.796 48,465.499 43.985.999 urlnton .. -;e 'l.::...........::.....1 93 1i 1- -
ateralion-et lortherne**e ........... 3.490,61 4,180.7o90 1333 sw 3.441.750 -
Wetrayad............ ,332tt.,7bathe-..,.9.. ............ .....9"MA,

Pcaboatas l uwio Total ............... 60.233. 58.118.123 52,174,885 49.673.795 95,740.97 77.397.867 33.363,950 33.369.934 e*nesm OlrO h ta ..................... 4.530. .143.719 2.73397 3.397.895 5.940.000 3.480,000
--------------- rie----......e. 3 8 ..$9. ...... ......... 698. .04 55,054 4550165 346.418 333,023 933 179,565
Cheapeake n ohio ..................... 31,394,307 30.388,688 26347.753 25,088.290 5.234,748 34,987,031 17.686,628 17,686.585 laiei as iAa ..................... 1.5 .4 1,4.378 1,04,7 1.01.958 3.391.500 1,930.000 225,000 225,000
sorfolk asnWetwn ..................... .19.316.232 18.958.568 8.143.4 17.780.217 34.50.00 30.350,000 U.9,430 u.,225.57 an Ti aller ............................ 30766 290,00 9199,4 ,: 75.235 a -
Siahean, Prerleksburgmar Paotomas .... 3281,559 2,556,974 3.258200 2,486,4h 12,116,967 8,338,396 435,229 1135.229 mNiesot m AkiaMAse .................... 2.490 41,065 23,909 34.228 9.762 o -
Vnrisan ............................. 6,241,770 6.213.893 ,5.4721 3 4.318.8 3 3.539,212 3.722.440 41.o.663 4.022,663 tsseartKMas e s .................... 7.59 3 7.63.615 4.12 0 3.79.470 4.090,000 409.000
2, -nou **...................... 33,.290 41, ,902 .,898,4,6 250.6 34.507,000 6,620,000-
soothen oae t ote ................. 171,877,982 166.o45.770 117,309,363 111,238.782 209.3,276 10,928,929 15,101.,9 10.616,065 Ilre Orlan, feSe Mextoo* ............ .6.990 2.5927,4 1 .6936 ,:s,00Ooo 6,620,o -
aaoR at uaioos ...........9. M,500 260,138 039 11,24 156.753 -
Alahbao great sothen .................. 2,467,25 1. .45 2.692.193 1,738.92 5.361,000 4,77,000 1,00,932 1.008.932 kab ts, IruAvie sat x.. eo** .......... 2 147.755 2. 511 3.879700 1 oo -
Atlanta a West roint .................. 40,211 5 423.3r97 58P 9 1.026.895 374.000 73,908 98t.54 at. ote-sa fraasooe ................ 19.188.10 19.867.537 9,5,410 9.430.536 6,706.000 10,o000
Atlanta. a Smir h aam coast ........... .. 409658 578152 1418.951 650,000 275,788 S Loats, Sa raer a tco sa fze.s....... 851,36 913.183 693002 817918 547.000 -
Atlaute i st m4a I U .................... 13. 17.015217 11810.735 14898.297 3 0.000 14000000 1.240.059 4.918 t. ioe seathes O ................. 9.431.729 7.9262 6, 76 5.1575 14.92134 7.606.883
Central of rcgal* .................... 7,0.336 5,923.5 3. 43 282368 2 400 San Anteni, olaten*e *............. 6 2 75.80 -, -
Contra o,,o3663102......,. .................... ,_,, 10,4 .000 2:T69 439.6 500
OCharlestona Wetrn Carolia ........... 637.371 730,976 46,011 497132 T .70, 340000 372000 720 7000 faesu a m N Orleans. ................... 21400, 23 18 152,763489 .17070
Coininnti, e ori and fan e .132 ,8 ,8 3, 2369,18 1 000 5.388.500 1896,225 1896,5 ao-na "tie........................ 7,77480 9,.750 5,1255 6.515976 13533.435 4.4385
li ............................ 422652 4837601 204,763 3038.8 578.529 535.983 fexun Mxlen............................ 4170179 397.29 334.965 267,832 958 ,73


* LRport o receiver or receivers.
* Report of trustee or trustee.
SDeficit or other reverse item.
SIncluAo s BoSon Altbey, lessor to lew Tork Central I. I.
SInclous Atchison. Topeka Seats a ru ., a.u, Colorade San ta P r.. sal Puahanle A 8eatn f& .


j/ ee IslaA Lines.
t&/ a not ionludae in totals. Inl4es atLerna Paciftle Compaq. faeu iad lrw Orleu X. X. Co., man leased liue.
/Opeated t PrAe Mana faus aeorue do not t oludAe e provisie fter Pedral IXaeme was n either the ourret
or preteag reat.
U. S. GOVERNMENT PRINTING OFFInCE ISom 14





dZ iS7fr ,B: /1/49


Subject to revision


UN -v LIS





U.S. DEPOSTOIRY


UNIVERSITY OF FLORIDA

lIIIIIIII IllljlfiHIIIIIIIIIIII INTERSTATE COMMERCE COMMISSION
3 1262 08851 1760 BUREAU O TRANSPORT ECONOMICS AND STATISTIC


Statement No. M-125
NOVEMBER, 1943


SELECTED INCOME AND BALANCESHEET ITEMS OF CLASS I STEAM RAILWAYS IN THE UNITED STATES

Compiled from 132 reports (Form IBS) representing 136 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

SAll Class I Rallwys. Class I Railways Not in
All. Class I Railways Receivership or Trusteeship #
Income Items For the month of November For the eleven months of For the month of November For the eleven months of

________ _1943 1942 1943 1942 194243 1942 192 43 1942
1. Net railway operating income-... ---- -----. 96,374,723 149,00,987 $1,284,784,725 $1,31o,89 775 $69,222,093 8119,955,882 947,162,333 $1,013,2,111
2. Other income............---------------20,051.157 17,698,0 161,304,997 143,233,651 18,318,950 16,572,200 16,865,7 12,422
3. Total income--.......----------.. ....-..---.----- ..--. 116,425,880- 166,707,77747 1,446,089,722 1,453,323,426 87,541,043 136,528,082 1,094,028,073 1,145,651,533
4. Miscellaneous deductions from income---- ........... 2,872,990 5,236,067 28,170,200 33,950,515 2,4166,2714 4,782,392 24,957,790 29,750,934
5. Income available for fixed charges_ 113,552,890 161,471,680 1,417,919,522 1,419,372,911 85,074,769 131,745,690 1,069,070,283 1,115,900,599
6. Fixed charges:
6-01. Rent for leased roads and equipment.................. 12,754,856 10,708,579 156,323,692 163,790,629 11,722,017 9,830,771 144,885,934 153,629,029
6-02. Interest deductions/ a .....equipen--- 34,788,048 36,927,032 139,2 76 405, ,66 23,107,864 25,189, 29 263,015,954 276,481,770
6-03. Other deductions-...... 125,490 118,5 8 1,361,77 1,01,2 93,536 9,132 1,004,969 975,822
6-04. Total fixec. charges ... -------- 4--7,66,394 147,754,14 552,926,04 571,97,96 34,923,417 35,109,332 408,906,857 431,085,621
7. Income after fixed charges.--..--...... ...-- --65,884,96 I3,77,53 864,993,480 847,875,45 50,151,352 96,636,358 660,163,426 684,813,978
8. Contingent charges.--.... ----------------- 2,5-36,08 2,241,608 26,115,988 2,94,40 1,665,265 1, 79,634 17,625,08 16,567,697
9. Net income 2g/.......--------. 63,347,988 111,475,923 838,877,492 822,926,007 48,486,087 95,156,724 642,538,418 668,26,281
10. Depreciation (Way and structures and Equipment).......... 26,444,566 20,957,715 289,876,148 227,325,150 21,406,114 16,777,672 234,077,599 185,918,561
11. Amortization of defense projects--- ... --------.-. 14,340,507 11,020,840 128,685,840 76,731,762 12,799,425 8,889,007 114,579,770 69,214,855
12. Federal income taxes................... ---------------- 105,013;461 78,811,969 1,285,044,674 712,784,279 88,172,254 64,138,086 1,098,177,667 641,639,113
13. Dividend appropriations:
13-01. On common stock---...-----..... -- ----56,865,623 57,471,758 154,765,384 145,101,360 56,865,623 57,471,758 154765,384 145,1,36
13-02. On preferred stock--------- ------------ 6,212,029 3,493,575 31,4o0,582 29,267,319 6,212,029 3,493,575 31,4or,582 29,267,319
Ratio of income to fixed charges_/ (Item 5+6-04)..... 2.38 3.38 2.56 2.48 2.44 3.75 2.61 2.59

All Class I Railways Class I Railways Not in
Receivership or Trusteeship#
Selected Asset and Liability Items Balance at ANALYSIS OF NET INCO--ALL CLASS I RAILWAYS

1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total. Account 707)... $589,042,509 $527,192,370 ($46,502,011 $499,567,846 Number of Number of Amou
Amount of Amount
21. Cash.... .................. .... .. ................................. 1,297,26,53 19,559 9859 33rep rtsreports
22. Cepoa ryca-------------investments------------------------------------------- 129,26,33 1,120,1469,559 9$5,350,839 852,233,8114 rprson
22. Temporary-cash investments-...................................................- 1,670,1,255 688,35,9 ovm06b9 1 05 598,121,
23. Special deposits.................................................................. 178,871,------------------------------------ 11,02 1 8, ,701 1 ovember... 13 106 23 $2,6 560
24Loans and bills receivable.............................................2 ,56 9, T november ... 0 1 1 922
25. Traffic and car-service balanes-Dr.......--.................------------------. 38,164,2 39,7 605 28,8 34, 265 1 months .. 3 117 6 1 9,
26. Net balance receivable from agents and conductors 170,712,805 1 ,171,562 137,025,694 130,1754 11 months .. 1942 11 83.752,418 13 8,826,11
27. Miscellaneous accounts receivable-.....---- 630.,812,502 412,679,174 500,211,710 327,1, 6 ,5
28. Materials and supplies--------------- ----------- 526,2 22 508, 775,91 419,619,612 408,558,261
29. Interest and dividends receivable_ ---- ..--- -- --- 33,7,898 30,691,004 29,995,856 29,398,868
30. Rents receivable---..........--------- ... 1,824,274 1,623,507 1,192,313 1,119, NET INCOME-ALLCLASS I RAILWAYS
31. Other current assets----------...................58,821,571 1615,83 4654654.270 10.610. MILLION OF DOLLAFRS
32. Total current assets (items 21 to 31) .... 4,606,881.111 3.12.8,990.775 3.59.108.809~ 2.503.761.671 1O 2I -60- 1-- 1-- ------
40. Funded debt maturing within 6 months/ _... .. ..------...... 78.051.65 153007.0 56.,535969 129.927.750 140
41. Loans and bills payable 5/---.... 14,1461,511 16,249, 52 1,000,000 1,104,750 120 -
42. Traffic and car-service balances--Cr. ............-. 154454,338 13,740,312 1o4,o088,66o 90,276,678
43. Audited accounts and wages payable 457,808,663 387,518,659 373,970,851 317,156,699 1
Miscellaneous accounts payable 116,5,757 71 3,897 ,2,617 52799,201
4. Interest matured unpaid 48,2,921 44,061,,234 4,974.900 33,550,143
45. Dividends matured unpaid ,009 ,618,596 7,301,937 9,266,335 80 -
47. Unmatured interest accrued ,407.502 84.7 .35 69,104,139 71,909,2
. Unmatured dividends declared 6 88,257 70,22, 65,688.257 70,22,49'6 60
49. Unmatured rents accrued .31,2.,92 1 5 28,0,918 28,529,996
Accrued tax liability.. 1,773, B16,4 94 2,874,307 1,519,432,938 854,277,231 o 40
Other current liabilities 70,148.941 6,.901.32 51.705.091 .48.435,075
q52. Total current liabilities (items 41 to 51) 2,822,366.245 1.851.796,265 2. 56s536.313 1.577.528.820 -
53. Analysis of accrued tax liability: 0O I I II
5-01 U. S. Government taxes ..1,,61,314,951 816495,485 1,40.389,753 751,080.331 LJJA NDJFMAJJASONDFMA J OND
53-02. Other than U. S. Government taxes. 142,301,493 126,378,822 116,13,185 103.196,900 1 '


I/Represents accruals, including the amount in default.
2For all Class I Steam Railways the net income was as follows:
Period 1943 1942 Increase
3 months ended November $226,034,79 352,769,614 d 126
6 months ended November 460,794,562 611,166,907
12 months ended November** 917,6 ,00 875,977,867 q1,b6,11
Totals are based in part on annual report tabulations, whtih differ edse-
what from monthly cumulative totals.
q d Deficit or other reverse items.


I/ For railways in receivership and trusteeship the ratio was as follows:
November 1943, 2.23; November 1942, 2.35; 11 months 1943, 2.42; 11 months 1942, 2.16.
/. Includes payments of principal of long-term debt (other than long-term debt in
default) which will become due within six months after close of month of report.
5Inludes obligations Which mature not more than 1 year after date of issue.
V Excludes reports of 3 roads for the month of November 1943, the eleven months ended with
November 1943, and the month of November 1942; and 1 road for the eleven months ended
with November 1942, whose net income (or deficit) was absorbed by the controlling company.
# Figures for 1942 include returns of the Ann Arbor R.R. Co. which emerged from re-
oeivership on December 31, 1942 and exclude returns of the Alton R.R. Co.-which entered
trusteeship on November 26, 1942.


6.--








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME IEMS BY REGIONS AND DISTRICTS, CLASS I STEAM ALWAYS


FOR ELEVEN MONTHS ENDED WIrH NOVEMBER, 143 ASD 4IMS


Region and railvwr


can.a as..... e...x ..................
.


.astwn District Tota ................


NS RA a-d lBeion Totl ..............
Bamgor and Arootook ...........,....
Boston and MIbl ..................'...
Cana ian ltional Lines in New In3a ..
Canadian acific Lines In Vermn .......
Oentral Te ont .......................
International By. Co. of bian. ..........
aI OCentral ...........................
new Tork Connecting ..................
lev Tork, elw aven and Hartford** ......
Iutlabde ........ .................


Great Lake. aeion Tota ..............

Ann Arbor .........................
*Cambria a. Indiana ............... ..
D ar a. ud.on .....................
Delaae, lacawnna an2 Vtern ........
Detroit and MackIna .................
Detroit and Toledo Shore Line.......
ri ..................................
Grand Trunk VOtern..................
Lehigh and Hluson Biver ...............
LeOhU4 an ev w laad ................
Lahi V eall.7 ..........................
Nonoobeda .. ..........................

iw Tork Cntrl ..... .......
NeTw ork. C ouico St. Los. .........
avw Tor. 0Ontariao ad Vaesken** .......
lo Tork, 4 uhaaanna and Vestrne ..
ere IMarquatt ...... o .............,...
Pittburi and Lake ri ................
Pittsburg and Shmut .............. .
Pittsbtrgh & West Tirinia .............
Pittsturg, hant and northern ........
Va *h ..................................


Central a.te.n alen Tot ..........
Akron, Canton & Tosungtonn .........
lti o and Ohio ......................
Beaeoar anX Laki r 0......s.............
Central 8. of low Jer ...j.......
Chic Eoklstern i ...noi .............
Chicago, Indianapolie and Lolvlle** ..
Detroit, Toledo and Ironton ........ **...
Xgin, Jolset and Eastern .............
Illinois Terninal .....................
ong Iland .............................
NisaOr-Illilnoi** .....................
WennYlveaa .......................
Pennsylvania-eal.ig Seashore .........
Beading. ............................'...
Statn Ilnd Rapid Transit .............
Western rYland ........................
Wheeling and lak Irl e.................


SoUta n M triot Total ...............


Pocahontas. R ion total ...............
Ohe.peak and Ohio ....................
Norfolk a.d aetern .......................
ichmond., rederioksbrg and Potone *..
Virginim an .... .....................
mtbern aReion Tot& .................
labs OGreat outhern.................
Atlanta and West Point ................
Atlanta, Biringbam and Coast .........
Atlantic Ooat Li .....................
Central of Georgie ....................
Charleston &Western Carolina .........
Cincinnati. ,ev Orleans and Texra Pacific
Cinchfield ..........................


zvW 026662020RATMO
P606


2I InCOME


7eaLs. INOOM
anne


1 t 4 ,. I


APrnUTI
Az]u0 mme


Region ad railway


NEa a a) TOP rmIaiB
0ncou0


sE2 INCOME


i i i ii I 4 4 4 I


wasw.vas a.sto.oes.nd mean.asel use.sas.cor esassowers oran.va.n s


-I -4 1 + - -


,45.085.566


46,737.520


.558,2432
1.1324.826




1.2T2.216
30,900.049
337,638


471. 8 31.811


21S.5!.3156


21 .676.714


763 507.842


842 828 862 62 786


1
.
,
,
1
.


47.545.ao


272,062
13,27.04?


1.5o.791
2.2,9kT91

561.324


17s.537.794n ,0327. 2


7124515

10.034,468

1.327.8 0

1.206,737
12,213,697
1.00l,531

so.439,.61
12.552.542



227M030
1.667,606
131.165
10,776.172


s22610,552a


5 34.66


2,2B8,745
11803,545
1,420.439
3.69.309
113.522.46
1,031,039
15.669,506
1.062.391
7-222,000
3,51,555


30,525.622


6.619,626

2 1144.160
1,181,852
1404,175
22,93.407
145.127


109,554.717


27,367.01s


1,445,793

258,039


98.9.6,902


22,590,974


1,011.,413
4,S55.000

120,100

1,.360,211
224,020
150,20,230


l61l.S6,738


412.325
5o068,o00

30,732
956.721
178,000
11,978.385


101,A42,090


498.390


334.950




163,440


20.491.597


55 727 A.


5.1720


1.720


17,691,298


- -. -- -


469,6S6
69290
9,02,8





1,317,055
l.433.5?7







93.027
6,799.971
I~N :.11


4698149
507.332
5.707.539
4: 03,845

539,515




191,72





,071.0o4
1:56.26
1,.11,t25


242.s3,9 ,14.,5563


576.195

,393,1424
3,337,811

1.S9.706
2,645,061
1,650. 56
2,030,061
526,240
130,9530.12

'363.16
6,5114,51
3,129,378


1.900,022

1.133,700

390.659
12.N:

7'.5.695
3,99
10.046,253
1.2,08

3.21.749


4:42;

124,07,403
1.214.131
432,409
1,014,35

S 29.653
2,797.45


3.591.420


157.320.s2
127,115
2,124,422
4.306,1483





2112,42




2751,1987
1.51169


533502
1,268,260
3.910,000

16,969519


5e31,.000

75.690,201
21,681,000
2992247
24,109,1267

549,939
18,242,187


1s3.040.130







1,05,700
271,4 99



500,000


1.142,166
740,00
113,185,646
376,555
13,23.1593
136.721
6,492:,00


2,831,000
3.930.600

9.919,226
250,000
536,395
73127
4. .An
4,'
395s,916,4
15.750,000
12,3u3,
6,70,761

202,124
11511n.15s


122.702,609
137,600
18,596,561
5.150,239
1,240,000

762,799
5,525,255

803,000

8,373,52
2,460,000
5.949.000


180,000


T,oco

164,745
952,000
374.700
9,671.09,



4.4318,250


41,796.1442




939,375

981.328

500,000

32,919,385
3.428,390

1:786,017


- --4- .- +


2531.764.900


66,578,206


34,270,219
3.540,273
6.853.210


253.7L5.207 18 1.5i4.0.T0


57.394.541


28,776,062
20,251.039
3.55.91
4,851.524


64,619996


33,Sl.6340
2,.16,531
6,799,810O


184.909.071


110.759.079


208.317.732


64.W3.662


450,000


220,000
24405,0124

952,000






4750.075


40o.954920






490,664

500,000

32.9190385
3.,848046
1.241,91
1.9524,87


4------_ _----------~---


55.231,634


27,751,115
20030041
4,,72 ,,o


101,243,517


48.35L.690
35,900,000
13.41.96 *
3,849.,659


65.860,832 142,623.172


35,22.663
4,022.663


21,685.390
2,017.863
73.908
2,480,117
144,000
3.700.447


38. .35996
33,650,000
9.298.396
4,076.440


4 4- 4 4- 4 k 4-


187,186,703
2.776325

14,1 029
7.140,s01
716,916
5.769,672
4.740,656


189,135,211L 128,140.759


2,969.378

13.,59967
3,461.358
462,278
4,185.802
2.739.931


1927,499
577,010
389,807
6.922,54
500,7124
4.519351
5,3142,610


SReport of receiver or receivers.
O* Report of trustee or trustee.
d Deficit or other reverse iten.
a. Inosluw e Boston e AlbWean lesor to Neo York Osntral R.BR
S 'Inludes Atchison, Topek a Santa eo By., Gulf, Colorado & Santa We By., and Panhandle & Senta Te By.


129,677,439
2,031.207

17,704,383
1 7*303
3,1449,212
543.749
2.s5,.117
3,362.285


229.515.562 122,456.900


8000
350.71
17,250,000
524.403
380,000
6,288,500
616,213


5,871.000
1,113;183

3,556 612
2:5,000
68.2,000
636,299


4,610.350


2Z0j~
24.022,663


17.492,990

98,544
1,656,690

144,000
3.700,4147


I Soute.-n ln Oc.tsd


0ol0MbIaN dl r*e Ul ..................
1or1da. list 0a *000 .. ..................
Gorgia 1. 1. Lasses Orulnati .o...
GeorgTa lorl e ......................
Georgia uthern uMla ori .............
Oalf nd ahip 1An. ...................
G Ou, '1b11 and Ohio ...................
Illinoi Oatral .............. .. ...
LouiiNlle en lashrlle ................
ItisLepPL Cetral ......................
ashrlll, ChattaoUl St.I. LoIl ......
Nw Orl sui a&. lortliheat .............
Norfolkc South .......................
I Air L ............................


TasIO and6& Nislclpi vaU .............


55.333


1,0243145

a 10.962
29.567.15
23,975143






,3125
5,1452B


3.260.83
85,16.

23.6?:7432
22,871,255

1.1l.1 e
1,255,029
1,90,692
27.316,352

764,595
12#3.35155


*74,70
619919




2,7,17998

3.209.44
1.38.963


3,2'.173








10,32 796
6112,L




15.2.193

223,5o,




10, 31.796


ws u


3. 975

1.485,000
4.447,800
20,479.300
51,668,320
1214071
7,3599476
3.853.O00
419,680
14,300,000
553743.000


66.8800
425,000

14n.soo
2,660.350
1%309.2
32,733.7
2, 17.973
3.165.000
515.999

142,166
3l5.ooo
670,000
315900


APPIIRO
AnsmBOcRlOun


$708.579
S8.190,000
o

767.94
118.630

3.346,400
17,500
120,000


$8,190,000
767.946


750.000
17.500
150,000


e..ra rot totl.................. 57933.n50 5.2.7374 369..s506 1354o.l386 159.m56 7,12&.6 593 6 o9o.070.9551 .537.4


lorte ts"U lmdoa- ot **l ..............
Chioago end North aWstern* ............
Chicago rat Wstn ...................
Chioao, Ntlwbe,. St. P7.l an. Pacifioe
Chicago, Sant Paul, Mineapolis and Oaa
Dulth, Nibo a .. i BUMn ............
Daluth, Sout Shore an Atlanti .......
Dulth. Vmimlpeg .a Pefio ..........
Ora. northh w ..........................
Orems.I and We a ...... ............
LsIm svir&or a Ishpapei ................
NInnewlaplls t. O NMinnapolis, St. Pal 4 SuWlt Ete. rieo***
morthernm .afi ..o ...... ..............
Spokteno In tiaonal ..................
Spokn*, Portlan a0 Seattle ............


Central .stern legion ota. ..........
Alton ** ...............I...............
Atchison, topksA aa Santsa / .......
Ohioago, Brlngton QuI y .............
Chiao, ook Isu a n Pacifio / ....
olorado ondt. Soth"ern ..............
Colowr4o A VAWyoin ..................

S ntv and Salt ,.ke ....... .
r Worh ndo Di Oty ...............
NeTada lorthan ...........................
Uorthwestern aoilf I ............
outhen uuriflt ...................
Bowthern cficfto Traiuportation lnt- 5/
Tolo. weoria Wst ern .............
nion Pacifio .....................
Utah ....... .....................
y elterm hoifloleo .*..................


Ioth. e.trn leon TotLar...........
eaumont. Sour Laeke st .........
Burlington took sld ........*..
Enternational-areat North ..........
ansas Ciaty oawaithrn o..................
eana O Okaihoma, i O. ................
oulis.laft& Arknea ..... ....
idland Vaily .... ... ...****************
sisoni and Arkansa ....................
iassowi-u ssaea 0 ...................
aiowwi pac ifiheo. ......... ...,
1eo Orlean s, e ha 1 *e dooe e.......
2~ .*ho ity*l*aoa .*..............
It. Loeo Bonuravlle ad edoo- .....
It. Lo*UL4an r*ancl oo- ........*....
It. Louis, San ornoio an Id a T ....
It. Louis Southwestern" ............
lan Antonio, Umala a Gaf" ..........
Lexas an. d ev Orlemans ..............
-us andT aclif .........................
tSna Mexican ............................


14,129,552 14.071,663 .sg0,436 1 70,26.537 96,155,116 67663.214 10,lo.686.o067 5.672.910


36,977.522
3.343.196






9,876,.62


4.918.820


23,16866.8
3.102,965
30,925,666
2,96N333
98,0.T5
o.


6.50,753
7,1724,86

6,503.665


4 4 +


23.533.753
2.604,107
32.420,104
2,357.736








1,822,697


264,88.,70 1 295,566,.4 40 184.962.564


3. 52,649
59,21i0,076
3. .g7,40
37.63)1.0


2,461.564


43. 34
253, 05






50.397.69
9675 .


127.915.697 I .141.4634


929,184

4,35,00

2,000,700

3.2539,5
330,932


3,177,156
308,517
1,726,907
20.577.466


974.671
10,113,20
23079.731
8,564,329
519.596


722,132
2.25 )16

345,771
49.799
9,239,738
45.35125
2,1,65.92
288,025
3.167,689
22.719093
1,044, lt
7.94502.

10,902,722
37,337


1.994,615
50.70S,657

26, 557





317,,074
2.125,696
1(,2124
7,"3.027


9.190.324
2.115,318
10,.3521

65,724

220,:941
961,876



3.345,228,
16.442,599
1.143.945

20,427,280
1,431,689
78,157


150,737


521.5
50,651.162

6.6374,5


11.500.000
3.31,.000
is,545,000
905.15
12,12,2214

31,658.93
172, 45
417,219
125!000
1,604300
13,137.056
274,102
1,800,000

355,2314949
6,283,210
10p7.23.762
41,57,295
19,100,000
8964503
219,o00





97.656M.07
92,200,000
26,500
6,750,000


7.500.000
1,801,000
13.293.000
17,622115

17,000.802
90,000
796.305
955.240



149,358,089
4,20.670o
3,7552.624





31800,000
066,200

3.343.189


75.897.8s36 87.64a,5o f135.387.688 4 .616,382


788,959


606.203
71.1&
25.509
5.329,977
19.036,500
710,052
272.:71
1.115,411
9739.799
806,547
7,111,0.


376670


52,0 12
2,921.813


142959
5,014,373
27.442,539
59.930
252.824
2,560,010
U11238,664
5,260.704

7,796,.2
296,575


2,537.180


3.8,500
58,210
10,762
5.142,000

227.,506
5,073.200
7,171.000
627.000
16,771,233
26,752,160
15,008.43
103.354


529.400
67
3,.945000
366,126
S1.700000

647,000
9,120,000
519,400
173,042
811,000
200,000

9,006,S83
12,212,196
5.303.011


- 9 .5. 6 ____________ ~


915.269

4,112.500

4.997.798
125.000
535,500





45,635,710

20,771o000








7.,5145,526
7.5245,526
17,3191684


228,815
-
-


4,997.795
125,000
321,300





43,201,477

21.984,530


125,000




3.772,763
3.772.763
179319.184


-~ p


ai:r


Page 2


2 749.198 2,663.014


420,000
53104986
225,000










1,572,700
*


420,000
445,314
225,000










1.572,700


91 Rock Isand Lines.
*o Data sot included in totals. Includes Southern Pacific Company, Texa and New Orleans R. R. Co., and leased lines.
Operated r edral Manager. ae* accrued do not include any provision for Federal Inoloe Tae in either the current
or prcedi ea .r. U GOVERNMLHT PRINTING orFICE I-O-sOM


I --t--^--- I --~----- -. T-- -.


- --


.11.I. .


--- i -- i ::--- -- --- 1 i i ZZ" ZZ-4."


I I


i


-t


I


i I


-T





.-J


I


I


-L


I


:A


I


I I


-Au


- I


I I


I


--t


l


l


---------------- I


- -


I I


' ' '


II T


-t


T


-t


i


z




~nrPTi--- `
:C~,-s~re;3u- r~L-U5


UNIVERSITY OF FLORIDA

1IIIIIIIII IIIII 11111111111111 111 1 1 INTERSTATE COMM RCE COMMISSION
3 1262 08851 1620 BUREAU OF TRASo1 AND 8TATISTICS

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

Compiled from .rei.porls (Form IB) representing 136 atenamraiway
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)
~L


UNIV. OF FL UI.





U.S. DEPOeTOAY










































* '


1/Represents accruals,. including the amount in default.
2/For all Class I Stena Railways the net income was as follows
Perlo4 1943 1942 Dee7ease
3 months ended December $176,544,066 I327,938,792 151,394,726
6 months ended eoember 425,278,882 614,273,285 188 9 40
12 sonth ended eoegmber 87.988.1ro 903.778.4M 9 TqOO
87W A A O


/ For railways in receivership and trusteeship the ratio was as follows:
December 1943, 0.)6; December 1942, 0.90; 12 months 1943, 2.28; 12 months 1942, 1.90.
/ Includes payments of orinolpal of long-term debt (other than long-term debt In
default) which will become due within six months after close of month of report.
Includes obligations which mature not more than 1 year after date of issue.
/ Excludes reports of 3 road for the month of December 1943; 1 road for the month of
December 1942; 5 roads for the twelve months ended with Deoember 1943; and 4 roads
for the twelve months ended with Deoember 1942, whose net income (or deficit) was
absorbed by the controlling company.
f figures include returns of the Ann Arbor which emerged from receivership on
December 31, 1942 and the Minneapolis and St. Louis which emerged from receivership
on December 1, 1943.


Subject to vieidn


"All Claw I RaBilma Class I Railways Not in
All Cla I Rail s Receivership or Trusteeship
Income Items
me Item or the month of December F p thd twelve months of For the month of December For the twelve months of
1943 194a 1943 .- 1942 1943 1942 1943 1942
1. Net railway operating income----.........----------....... -----..-- 74,674,955 17,379 5 1,,976,0o7 q1,44.469,669 $70,945,505 *141,327,363 61,021,946,096 01,157,260,685
2. Other income.... .4,096,762 39, 1, 1,322,897 182,565,843 36,389,97 36,194,34 183,237,941 3 168,698,558
3. Total income....... ... 114,771,717 1),7i085 1,561,299, 1,667,035.512 7,5 2 77521o 1,205,18039 1.325,959 23
4. Miscellaneous deductions from income............ 12,841,797 14,952,760 41,011,K18 48,903,278 10,055,802 14,608,856 35,305,936 44,563,912
5. Income available for fixed charges...----.......----- 101,929,90 198, 25 1,50,287,76 1,618,132,234 97,279,300 162,912,850 1,19,878,103 1,281395,331
6. Fixed charges:
6-01. Rent for leased roads and equipment..,142,245 17,332,348 165,146,938 181,122,978 9,499,922 16,370,264 154,407,639 170,019,o
6-02. Interest deductionsl/-..... 3 551543 67,116,023 42992121 7352163 21 43,923 28,27,260 287,177,591 30738 ,48
6-03. Other deductions............ ..882 135,564 1616,655 1,436769 223 57 111,142 1,80,054 1,138,594
6-04. Total fixed charges------ ---------- 4 670 84 833 96,874 71 656,081,430o 311 2 44,738 666 442,865,284 478,542.46
7. Income after fixed charges........ --.......... 5981, 114,15, 9 43,262 96 50,o804 66,124,998 118174,184 727,012,819 802.853285
8. Contingent charges....................--- 23166,966 32, 9 ,460 149,5,112 58,272 346 22,404,932 32,10,486 0,281,427 49,128,661
9. Net inoomeg/-,-...-..... ---------------------------------- 3 ,814,4 81,82,930 873,988.150 903,778,45 43,720,066 86,043,698 686,731,392 753,724624
10. Depreciation (Way and structures and Equipment) ...----. 26,085,855 18,926,574 315,961,803 246,251,724 20i955,809 15,801,403 255,608,442 202,074,797
11. Aortiation of defense project...................... 16,896,855 15.227,065 145,582,695 91,958,827 15,335,706 12,415,584 129,915,476 81,630,439
12. Federal income taxes----------.........-.... ....... 49,550,028 42,584,734 1,334,894,088 755,369,014 52,510,436 32,239328 1,151,112489 673,878,442
13. Dividend appropriations:
13-01. On common stock 24,051, 16,82 9 24,051: 22,723,,79 69 167 t,83239
13-:02. On preferred stock .... .. 5,237,131 5;13 34 5 7, 57
Ratio of income to fixed charges/ (Item 5+6-04)- 2.32 2.35 2,55 2.47 3.12 3.44 2.64 2.68

All Clasa I Railways Class I Railways Not in
Receivership or Trusteeship i
Selected Asset and Liability Items --ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS /
Selected Asset and Liability Items Balance at end of Decembeabr Balance at end of Deoember
_1943 1942 1943 1942
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Income Net Deficit
of affiliated companies (Total, Account 707) 94.165.171 88.84.683 1.04.4 o.qO.794 umber of unt Number of Amnt
21. Cash .... .... 1,229,302,861 919,014, 910,777,762 65 &,424,806 reports reports
22. Temporary cash investments ......... 1553, 76 8 12,. 1,178,122,8e o 71010,192
23. Special deposits...... .................................. 3 4I192,625 10965 Dcebe ... 13 7 93818.561 4 59,oo,217
Loans and bills receivable ..... 1.. ...1 21 211,2 259, Dember ... 1942 100 13 2777 31 619,847
2 Traffic and oar-service balances-Dr 39,6122 3 30,35,1 3 368 12 month .. 19 11&: 880, 411731 11 423,51
Net balance receivable from agents and conductors I ,731,89500 O3 12,97.61 12 ont 2 1 914114
27. Miscellaneous accounts receivable,92199 068 51 15 .
28. Materials and supplie..... .......,720,73 503,900 425,907,928 45,58,0
29. Interest and dividends receivable 21,772,555 17,51, 18,175,821 16,233,01
S Rents receivable.. 1810,939 ,508, 1019,705 1,011,636 NET. INCOME-ALLCLASS I RAILWAYS
Other current assets.... 44,. .7, 13.09.947 9 21 864.478 MILLIONS OF DOLLARS
12. Total current assets (items 21 to 31) ... 4.46.381.79_ 3.048.333.426 3.441890.248 2.414.38.16 5 160
40. Funded debt maturing within 6 months/ .. ... 104.qo6.8-9 143. q .765 83 136.147 12 .098.972 140 -
41. Loans and bills payable /-..................... 16,520,120 16,178 ,100,000 1,104,200 120
42. Traffic and car-service balances-Cr. 203,825,761 121,1,6 1 8,24 80,043,095
Audited accounts and wages payable. ....490.75.908 32 ,998 264,199:682 100
miscellaneous accounts payable. ... 115,173,5 8,96 58,00139
1i. Interest matured unpaid ......... 76,3,19 83,83 6, ,06 7! 33781
41. Dividends matured unpaid..... a 15,2400 1 793 15,0I 0 80
47. Unmatured interest accrued... 52,289, 4 57 51 413
4. Unmatured dividends dsalared.. 21, 57, 570,763 1,17,60
4. matured rents aconed........... .. 17 4
Acorued tax liability........ .. .. 1,72 70 1, 877 0
SOther current liabilitie..... .17 2.. .., A .
S52. Total current liabilities (items 41 to 5) 2. 2.917.,928.400 Mi7 r, g-
53- Analysis of accrued tax liability: 0
; taxes 1 14 l5,1 7 JF MMJASONDJPMAMJ^ASODJFMAMJJASOMD
%-02. Other than U. S. Government taxes...11.. i34;45 1,;a42< 194;43aA 7:U9921


?


Statesmut No. M-125
DECEMBER, 1943








t-



ai

,


1 _____________________ V r V


segion and rallwv


unm uAIV&T orm lloR
ISaO


mum 11


191


-1 -II
!AiXM


19432


MDI I3IP ;


1932


legion ad railvw
/


mr lrWA orP sat
IMNI


Nri nIoM


10,138 .3.


DIIDBDM
ippaNoMAoSl


19432 1922 19123 12 943 194a I 1943 19142


J. A. I .1 1 A I 4 dI .. 1 d 1 4 I I


united senses Torst ........ ......... 81.359.976.507 81.486669 ,SaS


M ra lo o l ............... 4 .99. 2 6.7 4. 3 .93. 374.0 .. 5 69.2 l 6 l.


ow alend region Total ..............
Baneor and Maostook ...................
Boston and Msin .......................
Canudian atlonal Linu In e wn glad .
Candlsn rPsLifi LInes to rmnont ......
OCntral verost ........................,
Inaterntional Co. of M llO ..........
nMao Central .....................
In Tork Connectln .....................
sIN Tork. Ie ae and uartfordt .....
anlm* ...............................


Great se Re lion Total .............
A n Arbor ...............................
Osebri and4 India .....................
rDelae and Bdso ....................
Delmare. Llokemana d western ........
Detroit end MKski .....................
Detroit and Tol*eo bir LiaM ...........
rit ..................................
Ormad trunk wtrn ........................
Lkshi l Ra eso nm i r ................
Lehi ad Now gland ....................
Ls bo Val r .........................
Mon h a ...........................
Motor ............................... ..
Now TeYrk 0 atrl / ....................
ew Torkt, Ohi o and St. Loot .........
Ie York, COtario ad Veeara* .......
New York, Suoquhan a e d tete ....
Phre luatte .............. ............
ittsbhurgh as Lak e lr ................
ittsbars ad ShIat ....................
Pittsbaur a Wst tirt.ia ..............
Pittebug,. Ihaw t ead orthrn ........
Wabash ..**.................*.......*....


Ontral Lstern Megon total ..........
Akron, cOntoa younstow a ............
lalti sa mnd Ohio ......................
lssemer iand I ari ..................
Central 1. 1. of Neo Jerw*7 ..........
nOrc A stm I li. i ............

IlltoylJ e ladizoi nd ......... .,
Obhea Ill einGal mloan .............
Ohbiong. Xantsa lfl s ad anuM111a0
Detroit, tVlel&* nI rot ...............
Egis.l liet lmd oters ...............
IllinaMi ...ninal.....................
long Islan .................... ......
Mitsourt- ld 1p1 L.......t.............
*onylvaTuil...a .......................

*ding .............................
Staten Island lPiL Transit ...........
VWestern s arl ........................
Wheeling and Lake Irl* ..................


49.996.936


1.790.160



2.16,Ib .

30.791.9o
326.949


53.s09.2


32.967.701


3'.47.596i


22.50".957


19,o62.572


552,o70


I4 I4 -i I I


1.516.473
15.11.1U


1.577.310
3.039.19
1,690.0o1
530.352.0
S9S.350


1,ani.db
3.1,7
a 142t916

603. 66
22@,01.i
113.*


T70o.
To.

7?7.090
19.918.ll
196.161


1.E63."90


134.9p5
37
1.232.096
372.041
124.*Su.1172


509.915
3.693.000

37.932
1.063.,o9
290.000
13.267.680


334.950




n217,920


I 1 I V1 V r 1


I97.166.4t5


773.990
575.0
ll,-132.WO
11.161.260
ll.Ula6o


19.071 9
6.712,02.3



1.762610



6.003.01
5.73T2,


n.l:r.


203.)o9.378 125.52,.606


111.575.779


+- --i


599.65
703.45
10.k.B3.919

5.91,
731.656
24.372.831


13.117.56
1.54*.172
19.095
90.399.495
go.om.
13.22.951

91.2414
6.275.279
7.376.279

13o)06.
11.051.64


506.965

4o.6o.759
041


L 309

3.93
M**



I. 96

134 S !
2. 10G I


553.0!2
5. .662
1..TO.ymO
5,l ,g

514901,


1, 7

776,12 1
49.69.032


r.~iW


160.,6o.,07


640,702
692.557
U.,00.966
25,103
550,.14
17.555.3S
1.53g. 3
3n1.052
206.77)
4,969.W0e
321.190
510.977
74.697.279
22.500.000

333.2
6,160.180
94.575
295.773
20,306.953


107l,135.312


2991.107
951.128
2.265.000
4.160,000
7,000


51.01317
10.717.566
10,000
.,.147

561 .214
41.79.on
19.079.00Q
111.03g
1.200.09
6,792.50


I1,64.314
------- ----


81.720


.
-
-
.
.
.
st.Tao
.
.
-


23.570.9%1 20o,20.376


510.000


690.0Bo


901.000


9.671.0o9



4.311.2507


1.9s97.s9


4 I I I 1


2.600.909
5.190.600
3.391.266


1.5116.923
3.36,092

1275:7. 11


3.7,.076
3.744.662


279.113.936 t1 29.92,07 1 57.T99.450


191.094,616


I __ __ A


69.556.711
3.635.912
9.321.852
3.717.93
9971,706
2.391.656
2.156.996
3.61.19

2.002:.7


4517,11

37.11.,4


241.131
11.53571T




1.940.4I33
1.239.63"
1.015.17











3.390.129
0o9.956
11.8n1,311


16.997.765





1.35.970




3. ,72
d-UT
1500.6.9

12.


113.345
2a.619.769
2.472.142
1.210.000

526.126
1.0o6.674
2.797.500
1.925.300
1.107.21S
765.000
120. 367.10
392.011
13,06.000
2n6.700
3;4~o


117.712,t71


159.050
9.676.671
3.964.139







1,500,000
216.000
317.315




9.710.000


6.300.000


1


i I I TI


l6 l.172.tle 1QO.T792.421


W5.1170.1027 1 I 21.029.0


5W.000
900.000
919.375

1.226.660
goo.000

32.919.385

3.776.329

2.,95.693
1,$1. g


72.997.717


510,000


480.000
4, o50,01

376,560
952.000oo
374.700
6. 7.3914



4,750.075


1.399.633


1,000.000
I
226.4k5

1.042.661
3,120.000
500.000

32.919.385
4,197.995
1.2b.917
2.5.893


69.081.731


.-.....t T ................------ ------ I


PAoomhe te Simo Total ...............
Oheosqw k -d 0 o .....................
Noroelk am a etsrn .....................
lolsendm reortokGba mau Ptone ....
TIr stn ...............................


lmou rn. Reton totl ..............
Alaba OGsrt lurhmun .................
Atlanta uid Veot Point ...............
Atluanta. lUnialm uand Cot ...........
Atlantli 00t ilne .....................
Central of GOorgLe*. ...................
harlesto & Vetern OuCarollu ..........
Oinlunati. eWo Orleansut nd fnu Ptoli
litaobftold .............................


74.82.009n


39.6435.595
2}.h29.764
9.003.90
7.163.7571


21.n1.921


9.77m.oI


31.359.660
2.307.569
S. is


33.153.347
22.499.513
a.oqo3q1
4.1U5.053
5.150. 9


109s.11.600


24.943.692
39.728.725
12.995.961
4.n.26


90.633.742


11.09 .099


27.25 .320
lb4.957.i3

4.:.4'in


4.966.


I II +rl -*--- -- I


11.19.0o11 16.o031.026


241.326.657l 137.261.7T


14.nf6.1oo


.216.1V4
M.903.175
5.:203o,::
7-467."3a


911 I I 4 4 I


3.000.

6 .745.
7.35.55

5.232,725


2.409o,1
612.144
305.6U

7,711.979
138593
5.222:.p6
5.13.619


17

1.910.61O
4. o0lh'4


3.042,266
626.907
P7.97
3.913.779
S90.0C


6.1000


1.199
So


55000

20,650.000
67,12466
420.000
' ^~55


12.17,16

2.4.0,117

3.710.670


1,656.690

3.710.670


sautsra I egsa -CoaStIa
OolUtu ml Orenville .................
nLriIa aMt Cooue ...................
orgies Lsee OrClgainaton ......
oorgia A nForldi ....................
Georgia outhrn and lorias .............
Sdut nad Ship Islad ..................
Ihaf. Noble md hio ....................
Illlii Ocntra ..........................
Loaieille an lashilln .................
issiL lmpp OCentral ......................
auh lle. Ohattanoogas t. Leas .......
sIw Orleams s lurt atera ............
Norfoel Southern .........................
Seaboard UPr LUs ....................
Slnuthera n.................................
esmenu 0eatral .......................
I er I. of Alabaa ...................
Tuo esa K mlllftlppi Tall .............


vW teorn Distriot Totul .................


Iortb.atema batn totl ..............
ChioMo e Ian OrtL Vmt ran ..............
Chioea OGreat Vstern ...................
hloego, nuMl L n It. Prl an Paolflo*e
OMCea, lat PLlu Minepolis and Omaha
DaUlth, iulbS a md Iroa uaS ...........
Death. South Shem sad AtiOte .......
aluth., Wmnig and P fioe ............
a fortmrs ...........................
ram e Be d westra ..................
Like rplue r IEhpel ...........*......
inneMpolis a St. Louis .................
MiNum polish. It. Paul lSaltf St. Marl***
lorthebn Potifio ........... ...........
Spike aIternational ...................
Spoke. PortlaaA sd Seattle ............


otr W e e I.m Alo. otA ..........
Alten .e...............................
Atp eon;, opk ail S-mnt ........
Obioe olinLiotoa Quinc ............
OhieaL. hlo Ila d Pa olfoao" ...
iOolaa ad lo SoUr e...................
Coleoreo A VynlB ......................
mnr *ue L J6Z na t4r e ttl .........L
Isaver ma d elt Lake
oart Vorth a Dweer City ..............
Newata rather. .......................
Ulorthmtera m olfla ...............
aIo eras Plfo ........................
Souhera Pacificlo tr porsatito. Sytasg
foledo, Pe s aa ee r la ...........
Uoanl o.etl ...........................
ta ................. ...................
I star. Pmet.ufwo .......................


Slcth tern n legion tal .............

BInemnt. Sou lIe 4temon .........
rliU gtot Sok Isl ..................
lmtr nu il-Grea t lort ..m...........
I lesas Lty Souea r...................
nas-M. OklaUbw aGulf.................
Leiusa & Aues ............................
Miduae Tlls ..........................
Niseouri ml a rkans ...................
ii aeorl.Xana-f-zuT ...................
mieawpri haoifloe ......................
Ie OrleaU, ane a eisoxie ...........
Oklahbom Oliy-Ad-AtOka .................
St. Louts, Irownrllle and Moo .....
St. Loieon hr is ooi *iW e...............
it. Lonu a, S ann Oi ....Tzaa
St. Louts0l mthwsrter" ................
San Atonio. Dvyo&a oltf ...........
Texas an Nre Orlens ....................
tous undP acifio ......................
tuxa ImaI .........................


094.153
10.17,479
205,913
1,189.312


33.T


1.709.
,9 :'


4.35,593


5.590
7.173.959
3.676.644
121.104
9.100
5.648.661
30.35.730
23.732.055
397.262
5.702.913
1,413.966
,1 .E20

0.57.
105.515
10,57M.16


?-tw
d 64. 3 1

23.5.567
21.23.757
211,037
3,696.,2y7
501.3u2

ago 208
613,976
1.399.165


5.03,014.



4o03.n21
17.236.679
19.IT07.
282.11,
4.519.615
1.no.ioi
o02.101

A
.71,3"
765, 15
I.P.JILP


*29.650
3.369,975


1,520,000
2.s06.900
56.276.575
161.9269
o.096.166

16.000.000


36.ooo39o
56.623.000
217.611
116.194,7


*l?6.?60
io.noo
1o. n


501,500
2.603.160
9.043,000
3 7.1 ,3
3.535.
3.479.000
577,380
-2.325.ow
:3.637
2.;1.o00


,t.4l7.17S
6.190.000

767.914
11,.630
5.596,100
70.000
210,000


35.000




$707.992
S.190,00o
767.946


3.000.000
52.500
330,000


602.l65.14 655.l71.11i 3,19.Sl0.bl4A 40905,o.9 610.66,681 292.993.230o 73.629.751 9.203.437


193,099.593 152.95.60 u115.4162.861 0.0.o92d 87.0.6431 72.75,.655 19.792.157 J3736.26o


40.797147.

3.689.532
9.531.1l
1.000,941



3. 4s7t9
36.23.41
1'.1F91.8 s


24.939.929


3.62.15
5.11.322


365.725
3.129233
7.b1.1P4
331.7
6.851.890


26.149,.69

1.43.370
1. 652.
132.06,



Ieorw
676.782
242..115

20o.353
1.406.515


9964.239
21 .491
12,179.53,
704.457
8.0o3.3e2
6o,33

l96.0)e



250.339
3.k00,270


1.200.000
4.209,000
14.295.000
7?6.000
9.55".080


14 .759
408.467
215,000
1.745.437
17,T40.120
253.5645
1.600.000


9.337.322
1.0,00o
15.212.000

15.093.175

1i6.45,,02
125.617
7T7.315
1.184.914
9.959,.53
289.457


1.372,899

10.281.250

4.997,796
125.000
535.500

2.479.710


457.630

5.140o.62

4.997.795
125.000
535.500

2.479.710


277.95T.7l1 33l5.o.O 1907. 1).90s 229. 441.756 373.795.6 1 116.663.05 51.013.396 48.729.163


3.782.23
65.39.71.

331. .3
12,030. u
4.630."S
3.972.145

5413.411
52.76.697
17.124,.17
.3,3l1*S
4.l.25.S55
,#. 11


37.173.613
36.557.111
2.719.605
276.738
17.e229.06
1,199.:37
3.637,.52
169.613
1.031.295
76.29.:a67
102.501.no
1.033.011
61,02, 720
9.109.05
9.108.o0%


I T V


131,so,7961 156.868.501


1.413.619
533.5M


2.230,97
413

9.227.193
3.574.379
915.29"
390.313
2.573.727
22.4",529
1.0971.5S
10.67T.1l4

g0.14.uL7
540.093


2.3 .63r
198.121

Bl6.73%,
2.475.312
530,06
10.71,.43
i9.309.30,
2.763.036
302.414
.52,799




12:45,106
455.429


1,0,661


M".219
299.919
5.901.760
3 106

177.32


2.292.452

15,20"#4M


2.180.330
73,664.352
2.6046.92o


n, IT, 7
2.234,2


1.93 B'
2.,477:77
176.02


80.26 1.
961.19k
62.093.9

5.799.50m


209,. l
44.029.670





210 0.000
6.12.3003
2.525.717


69.617.600
95.352.617
103.000.000


.17.1123T
55.547.63;
5.100.000
d 18,Ho

1.790.000
11.300
6.,017
117.737
36.30.B65
52.326.929
42.526.20e
'0.360
3.769.915


76. 91.697 99.80.05 l49.o20.396 51.93'.570


.1920

2.14.5933
775.177


75.1971
l6.I591.2
d 1.702.671

10.667.1
919.679
7.543.273

6,155.659
32.9322


2.209.019




60.937
60.9331
409.017






5.673.577

9.:003%
213.77. 3
5.673.57


7.717
4,952,000
149,000,000
t2.990.5,6
217.112
7.,71.Q00
703.000


26,2oM.017
l6.13.2435
107.635


637,000
67


245.000

420.000
11o20.000
730.000


316.771
11.399.M3

6.103.011


20.771.000
5.125.161







7. 55.526
17.321.709


420,000
531.-19"
300.000










1.72.700


125.000


4o00*oo
3.72.7-63
3.72.763
17,321,70


,12.1,198 2.731.o01


420.000
300.000










1.572.700
*4,1
-a~o





-~z~o


_ _ _._I_ __ _I _J_ _i_ _J_ _ _I I_ 1_ _I~ -


S1sport of roeoever or reeetvrs.
C I port of trustee or trnatees.
SDefioit or other reverse ttem.
lInoludes Boton A Albanr. leser to ewv TYork OCetnrl .
J oludeo Atobison, tpeks A Banta l e ., hutf, OoleIrate ants e fS., d Pamtlle &ats ma e Mr.


Slook Islaud Lin s,
DAt not included i totals. InaludAes S thern Paoifio Compan. fxeas nd Nv Orleamn R. Co., and leae lines.
SOperated federal Maner. ones ooerus do not idolude a proviion for federal Inoom Txes in either the current
or paee1dia ***r u s, GOVimnMT PRETING OFFICE I 44-.SMO


Page 2


" ^"~


I


I I i I


II


i i


i


I -


i


I


;


- - -


I i I III I


-r


r


-r


-- -- i


i


a


.


. [T


I


--t-


i i I i i i


-4-


SmUorn Dimtriat Totsl ............... i


1 27.n2.aofi 292.565.937


U


a


:-L


, I


'I


.I I -- -


-r


--





INTERSTATE COMMERCE COMMISSION
mBURAU T TRANSPORT VCONONCS AND STATISTCS


SELECTED INCOME ITEMS BY REGIONS AMD DISTRICTS, CLASS I STEAM RAILWAYS

FOR TWELVE MONTis ENDED yTH DeEMWBR, 19S AND 19


45.3ml,591


7.57.35


oIl


4.253.352


2.90.611