Selected income and balance-sheet items of class I steam railways in the United States - 1944

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Material Information

Title:
Selected income and balance-sheet items of class I steam railways in the United States - 1944
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:
1944
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:
AA00000587:00012

Related Items

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

Full Text



1Ze 15TL~~ :~U~~f


UNIV.F FL LIP.




U.S. DEPOciTO Y
Ul. DEPOCtTOftY |


UNIVERSITY OF FLORIDA
IIUIlHIIIIHIIIIIIIIIIIIIIIIIIIIIII IIlll BS [B B B I S O
3 1262 08851 1638 I ERSATE CO ER COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
JANUARY, 1944


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

Compiled from 131 reports (Form IBS) representing 135 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 January For the --- months of For the month of January For the --- months of
1944 1943 1944 1943 1944 1943 1944 1943

1. Net railway operating income... -...- ---- $82,824,192 0105,089,146 $61,145,376 $77,671,106
2. Other income.............--......-.... ......... -- 114,460,311 13,602,921 13,118,322 12,647,467
3. Total income .......-........ --..-..... .... 97,284,503 118,692,067 74,263,698 90,318,573
4. Miscellaneous deductions from income-......-----. ----------- 2,541,742 2,130,141 2,345,693 1,961,805
5. Income available for fixed charges ----- .... 94,742,761 116,561,926 71,918,005 88,356,768
6. Fixed charges:
6-01. Rent for leased roads and equipment ---- 12,474,049 114,758,448 11,587,943 13,495,854
6-02. Interest dedctions----------- 34,480,769 36,463,010 22,842,772 24,692,045
6-03. Other deductions ....---.. .- 120,502 122,007 o 93,298 92,630
6-04. Total fixed charges. -----------7,0 5.20 51,343,465 o 34,524,013 38,280,529
7. Income after fixed charges .....-------......- -- 7,66 4 5,218,46 1 37,393,992 50,076,239
8. Contingent charges--....................------- 2,343,429 2,254,366 1,581,455 1492,392
9. Net income 2/-.--- ... --...... --- 45,32 ,012 62,964,o095 35:,812 537 148 53,847
10. Depreciation (Way and structures and Equipment) -- 26,605,637 26,445,340 21,59,099 21,407,578 0
11. Amortization of defense projects------------------- 13,078,046 9,381,888 11,444,939 8 344,318
12. Federal income taxes---..... --.-...-... --------.-- ---- 95,766,829 87,929,650 78,861,319 76,467,907
13. Dividend appropriations:
13-01. On common stock...---. ---.........--... ----- 2,360,000 2,360,000 2,360,000 2,36o,000
13-02. On preferred stock ....... --------- 2,563,688 2,611,421 2,563,688 2,611,421
Ratio of income to fixed charges/ (Item 5+6-04) .... 2.01 2.27 2.08 2.31

All Class I RalClassRailways Railw Not in
l ss a al receivership o steesANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS/
Selected Asset and Liability Items Balance at end of January Balance at end of January
1944 1943 1944 1943
Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those Period Net Inco Net Deficit
of affiliated companies (Total, Account 707)-.... --- 584,763,992 $544,419,345 1541,160,562 8515,151,268 Period et Io cme Number ofiit
umber of Amount Number of mount
21. Cash...... 1,168,600 853 --959,321,616 94,726,602 667,387,9l41 reports reports Amount
22. Temporary cash investments--...............---------- 1,774,256,072 874,093,741 1,32758,330 760,979,440
23. Special deposits ---- ---------.. -.. -... ---------.------- 195,419,752 125,922,170 1 W2896 92,322,670 January 1944 105 $48,610,936 23 3,286,924
24. Loans and bills receivable -------------------------------- 210,511 31b ,083 206,966 263,274
2. Traffic and car-service balances-Dr...----- 45,602,827 41,681,112 33,649,77 34,55148 January 1943 108 66,084,512 20 3,120,417
Net balance receivable from agents and conductors.. 159,614,794 15,563,590 129,471,09 11,39 618
27. Miscellaneous accounts receivable....-------------- ......................3,7,31 8,00,3 12,114,683 66729
28. Mat rials and supplies ---.. --........ ......--........... .- 54 2 79 o :12350.o 13 :2.73:,03o
29. Interest and dividends receivable ..................... 19,9,14,766,66 15,76 ,20 13,3994
30. Rents receivable----.. ...----- ..--- ,66, 084 1,301,016 884,938 766,871 NET INCOME-ALL CLASS I RAILWAYS
31. Other current assets. -------- 56................,308 14,931,025 51,584,559 10,073,26 MILLIONS OF DOLLARS
32. Total current assets (items 21 to 31) ----- 4,618,235,147 3,184,032,189 3,562,779,159 2,504,908,279 1 c 0
40. Funded debt maturing within 6 months4_/.......... 74,444,985 129,793,041 54,005,627 109,446,437 140 -
41. Loans and bills payable /----... ---- ------- 15,710,834 14,912,697 3,100,000 1,103,650 120
Audited accounts and wages payable..------- -- 527,899,011 344,904079 41,839,224 277,6 07 100
.Miscellaneous accounts payable.........................------ 108 699,997 69,712,2 8 2,097,470 51,06,869
4. Interest matured unpaid ......-......-.....------ 46,2 7,- 3 42 690o 6 4,130,35 40015,85
. Dividends matured unpaid.......-------------- 8 020 -6499,186 6,525,946 61'.O 0 ----- --v5-023 0 80
47. Unmatured interest accrued. .- 62,934,398 69,775.725 59,907,760 63876, 799
4. Unmatured dividends declared...... 13,367,510 13, 1,193 13,3,51 13,1,193 60 t .
a4. Unmatured rents accrued.. 18,532,769 9,026,703 15,7,705 15.90,102 /
So Accrued tax liability.......------- ----------------- 185 1, ,832,28 1570,359,33- 9835,947,43 87
Q. Other current liabilities .............- .. 188,59,157 63,528,245 .35,827.926 4,71,487
. Tnalyis of accrued tax liability: 41 to ) 3,35675,731 1,871,223,677 2,8,24MJJA263 1,579SN298353 JFAMJJ
53-1.. S. Government taxes ......................... 1,722,888,432 977,363,162 1,467,219,575 883,426,028 J MA zJ19JASON 1JFMAFM
53-02. Other than U. S. Government taxes ---131,322,966 127, 69,076 103,139,756 102,498,385


Y/Represents accruals, including the amount in default.
/For all Class I Steam Railways the net income was as follows:
Period 1944 1943 Decrease
3 months ended with January $143,782,657 $255,292,470 $111,509,813
6 months ended with January 391,376,003 587,000,535 19,6-4,532
12 months ended with January 856,348,067 942,796,585 8 ,4 8,518


I/ For railways in receivership and trusteeship the ratio was as follows:
January 1944, 1.82; January 1943, 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 lose of month of
report.
Includes obligations which mature not more than 1 year after date of issue.
SExcludes reports of 3 roads whose net income (or deficit) was absorbed by the
controlling company.
# Figures include returns of the Minneapolis and St. Louis which emerged from
receivership on December 1, 1943.


Subject to revision









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

FOR THE MONTH OF JANUARY, 14 AND 1943


eggon and ranway

, .8


l BMILvLaY PERATLI
IBCOm


19 1 1944


EIT InmO


9 9 IT


JIUSMAL 11003
Tms


1943 1944 19483


tfDIVtP IOID
AIPPRaRIATIONS


Region and railway


UET RILWAT OPE IINO
lacom


NE1 INCOME


FIrBL IMCOM
Tas


DIYI]=
ApplopauRiL Olra


1944 1943 11944 1943 I1944 1 1943 11944 11943


______ .8 .8 .8 .8 8. 1 J I 8. I. 4 '8 9 4


Unito Stai, ................... .$82,524.192 1405.089,146 $845.324,012 $62.964.095 $95.766,829 87,929,6501 $4.923.688 $4.971421


26,838.503 34,278,915 11,665,170 18,690,116


20,969,017


24,233.785 2.573.46,


2,621,198


Souther

Colu~rn


---------- ------- -rid-
- :, it t ia otl ............... 2.852,506 3.859.144 1,240.367 2.101,786 895.153 1,869,543 95.700 Qgorsi
"------ ----- ---- ---o----- ------- osergia
s r and Aroos k.................... 174.599 179,024 128,512 126.533 219.527 93.000 95.700 George
Bostoin anId mNines- ................... 463.867 838.902 76.94 432,750 57.000 316.000 ulf an d

Canadian Pacilf e jes in Vermont ....... Illio

Snati Co. n ....... 287.644 aie...... 2,112,7 Missisl
a Cntn .......................... 133397 247725 1181 15301 5812 116610 -
lw. YrkConnecting ..................... 6,139 147.773 84,722 70,547 20,000 Re Orl
we York, Nw Haen and Hartford** ...... 1,743,514 2,423,272 1,117,341 1,57,675 602.514 1,320,833 ofolk
Rutland* ................................ d 7d8 6 12.5475 d 4. Semboa
** Sothae


Great Lakes Reon Total .............

Ann Arbor ................................
Cambria an Indiana .....................
Delaware and IHudon ....................
Delawre, Laclwann and Westrm ........
Detroit and Mackina ...................
Detroit and Toledo Shore Line ...........
Erie ..................................
Grand Trunk Westsrn ......................
Lehigh and Hudson River ...............
Lehigh and ;ew Inland ..................
Lehighi Tally ..........................
monoanela ................** ..... ......
Montour ...............................
ew York Central a .....................
New York, Chigo and St. Louis .........
New York, Ontario and esterne .........
New York, Susquhanna and Western ...
Pere arquete .........................*
Pittsburgh and Lake Erie ..............
Pittsburg and Shamt ..................
Pittsburgh & West Virginia .......*.....
Pittsburg, Shbant and orthe* ........
Wabash .................................


Central astern Redon Total ..........

Akron, Cantona Toungtom ............
saltiomre a Ohio ....................
asesar and La Erie .................
Central R. B. of Seo Joer@e* ...........
Chicago & Eatern Illnois ..............
icfs- i llnuolta ..............
Chioaeo, Indanapolis a Louisvillee ..
Detroit, Toledo ra Ironton ............
lgin, Jol etnd latern ................
llinola TarInal ........................
oneilant Tai t ..*...********************
ons Island ............................
iasmouri~n11Mnois .................
Penn.yl.ania ..........................
Pannaylvansa-aading Seasbore ........
Reading ................................
Staten Ialad Rapid Transit ...........
Western aryland .................. ..
Wheeling aM Lake Sri* .................


12,058,168 15.010,158 6,402,193 8,926,943


51,843
30.739
497,761

75,208
1,635,305
697.507
25,134
81,754
983.492
133,376
63.g6
6.937.8
1,094.731
7q.w

731
5206,36

136.945
7.591
866.997


39,263
71,403
900,409
60,289

55.991
499,646
158,653
27.609
67,s85
110.390
75.518
47.287
2.856,227
523,074


211,337
278.443
d 11.970
S10.77
"--579^8


59.653
73,704
1,163,951
569,932
2.372
66,114
1.234,459
490,837
25.868
90,688
679.558
116.o93
4.9.175


13,&

137.991

74694i


28,554
28,895
209,765
101,528
1,028
113.899
909.802
341.677
26,o00
55492
363.753
91.872
60,749
4,683,297
710.57

365.309


8,363,222


b26175
79,550

189,000
88.534
1,117.153
100,000
49,668
45.238
106,000
71.744
34,242
2,854,820
1,284.500

33.963

.758
11.010
40,634

1,412,146


f Ic --.


11.927829 15.409.613 4,022.610 7.661.387


79.555
3,113
d 60126
132,.

67.914
222,886
274,381
264.261
138.729
I- 1

5,612.837

109,319


60.,748
4. 13.368



2271892
213,789
12995






285.951


10,681
1,209,202



103,401
231,499



1, 120

M

515,833
217.825


17,198
2.637889
a <^










520,847
1027,22
169.,
To02


3. F331
W

25T.822


26,071
1,520,000

52,000
4T7,70-
50,000
152,420
169,011
185.000
20,014
51,000
7,479,006
25.920
1,00o,500
39,000
400,000
455.000


20,000
2,017,029


279,901

256.535


19.036
81,000
152000
161,000

80,991
1,788,717
41,666
25.548
40,184
272,000
68,433
47.711
2.987,400
1,836,100

15.383
227,625
599.942
1 9,705
.7317

1,376.40


28,000
2,021,000

213.000

30,000
139.508
3093W00
137.500
50,157
74,000
7,450,769
2875
25,53

9.000


20,000
1,969,062
5:
-


256.535


southern. ..is. To.tl............... 2o.219.43 24.292 15,f,3 1s,66,530 27.271.12 [6.9Pa.35 2.350.223 2.3. 223


Pooahontas Bdon Total ..............

Ohs O.apae and Ohio ........... ....
norfolk and Ves trn ..................
flobaond, r.dr.iokborg and Potom ....


Southern BRan Total ................
Alaba great Southrn ................
Atlanta and Vst Poit ................
Atlanta, Bi sinh and coat ...........
Atlantig Coast Lina .....................
central of oorgia* ....................
Chariston & Westrn Carolina ...........
OCin nati, w Orlians and Tens Paoifi
Clnohfiald ........*....*..............


2,09,746s
2.065,965


5.7.63 6.060.697 5.536.858 5.270.181 ,8,48.0


3,009015
2,050,902
:7OF


3.422,780
3,310,000
1,225,000
lion 9Cn


I 9o57.45


3,691,045
3,700,000
1,320,000
difi.EQ


I 1


i--....... ...................-a--- + -.-.1 7 2- --i


14,l11,720 18,231,592 9.890,725 13.376.349 18.823.172


1 6


175.630
31.734
29,

48,257
341,988
579.962


82,867
1,749,907
78,618


153.000

31,51.
2.106,369
270,514

396.4


2 .9751
265,179
35.892
354.047


470,000
87.010
32,000
3,500,000
264.235

58,055


17,863.590 2.350,223


460,000
105,714
50,000
3.750.000
15Z158
805,000
57.888


10,223


10,223


I I I I I I I I


1 4 4 _ 1 1_ _-


SReport of reeiver or receivers.
** Report of trustee or trustees.
J Deficit or other reverse itm.
Includes Booton & Albany, lessor to New York Central BR..
j Includes Atohison, Topeka & Santa e f I.., GOlf Colorado & Santa e* lBy., and Panbandle & Santa a Sry.


Westea
YasIo a


SRaon Oontinued

I a l krenmi lo ..................
kst Coas* e.....................
R. R. Looe Organif tion ......
& Forida* .......................
SoutheV ar n 1 orid .............
A Ship Isla l ....................
obile and Ohio ....................
I etral .........................
Lo and ahMT ll .................
Lppi Cenrl ......................
le, Chattanooga & St. Louis ......
emU a ad orthlastorn .............
Uthe*ma .........................
L Air LIM* .......................

7y. of Alabm ...
id Mis iesppi Yaley ...........


$10.975
916.993
221.309
32.281
59,080

2,124,493
2,035,681
23,867
469.247
71.630
35,422
1,897.310
2.665.996
81,551
48.130
301.477


8.335


2.821.983
1,960,g%85
30,228
683.869
1 .769

2.836 530

3.55
735:2q;


$12.613
581.41



d 14,
1,38549

360,633
50,:


1.5 36939
2, 33
44,617
66,722


$14.391
43J.533




1,865:536
1,299.050
20, 19
562,672
87.133
28.382
2,421,854
1.682.136
16,248


$8,000
400,000


95.000
257.244
2,516.000
3,919.120
10,o84
231.483
127,000

1,900,000
4,210,000
15.038
85.853
14.250


$9
290,400

122,000

365,800
1,359.000
3,871,220
13,660
369.689
363,000
18,921
600,000
4,590,000
113,670
342.,000


-
-
-
-
-
-
-

2,340,000
-
-
-
-
*
-
-
-
-


L 1 _____ 8. 1 1 4- 4 4


*
*
-
-
-
-
-
-
2.3boooo
-
-

-
*
-
-
-
-


- wet D metriot Tota ................. 35.766,276 46.517,942 18.231.259 25,627,.149 47.526.600 36.774.730 -


northwestern Raeion Total ..............

CMtoae and iorth Western* ..............
Chla Oareas Western ...................
Cloeago, W Lmwik St. Paul and Pacifi e
cioasgo, Saint Paul, Miannapolis and Ombao
Duluth, Misebe end Iron fang ...........
uluth, South aore and Atlanti"* ......
Duluth, Vlimipeg and Pao io ..........
great aNrthera ........................
een air an Votearn ...................
Lakoe Sperior & asheming ................
Minaapolis & St. Louis ..................
Minneaolis, St. Paul Sult Ste. Marite
Northern Panoio ........................
Spoka International....................
Spokne, Portland and Seattle ...........

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

Alton**..................................
At~ son, Topk and Santa .........
Ohioa.o, Bnrlington& aunoy .............
C loao, Book Island and Paoio** e......
Colorado and Southern ...................
Oolwado & wyoimng ....................
Dnuer and aRo Grande WVtern** ........
DavnarI- and bi La- ...a ................
rt Worth and Denver CitY. ............
orthweteran Paciftl ....................
Southern Paosito ......................
Southern Pacifio Transportation Systab /
oledo. Peoria A Vestera ..............
union Paolfle ..............**..........
tah .....................................
Western Paoifio* .......................


Southwester Baeon Tota ..............

aumont, Sor La W a & Wtare** ..........
Burlinton Book Ilad................
Intrnational-Oreat Northarn" ..........
Kaas Oity Southern .....................
Unaa0, Oklahoe & oulf ..............
Lousiana Arknaa .................
Midland Valler .......................
isasouri an Arksnaa .............. .....
siaouit-enasa*a-TaM .....................
Missouri u Pacifi~ e .....................
Now Orlaans, Taxs & axlo** ...........
ckalhom CitrLdoAtok .................
St. lopis. Brownsallvlae ana asisoe...
St. LouiL-San1 IPranOooe ...............
St. Louis, San Pralo ond Texa .....
St. Louis Southw taterne ................
S Antonio, valde & flulf* ............
Texas and e Orlan ....................
Texas nd Pacifi .......................
Texas Madoan ..........................


1,713.090
268,98.

214,789


31.557
1.659,282



1,996:is
27.943
614,oos00


879.153
188,<84
1.175,575
107,810





179,801

5,95
5.9871


14.,287
180,165
1,737,761
35,235








17,626
318.360


675,000
203.300
2.,30,000
71.873
?-

1,000.000
21,000

120,000
78.960
1,125,000
3.992
133.333


700,000
125,000
1,677.000



905,000
10,500


857.539
24,558
_


2,108,145
275,5941
2,940,188
312,445

18.599
1.306,647
40,989



16.177
31,419


.17558.579 23,970,7 5 11.,051,715 l4849.839 28.478.9001 22.853.977


420,483
3,974.6
2.533.
2, 102, 14
229:340
23.149
1105.019
126L.9.5


5.183.935
2.362.464
14,669
554,329


576.500
4.985.T42

354.157
257.301
23.910
1.73.51L

211.755
60,132
5,574.157
7,941,773
177,022
2,919,492
18,294
514,924


274,811
3.355.833
1, 93.272
1,049.016
163,08"
16.294
600,251

183.222
9.L
3.405,091
222,106
2 269,155
7,6149
2W.4a


430.469
4.190.382
2.532,525
2,111,304
157,719
17,053
1,241.219





2,878,832
10.901
243,824


204,28184


2o4,444
9,262,000
,951.400
2.250,000
92,872
30,500
377.900

175.475

4,736.309
7.865,353

5,500,000
5,000
893.000


309,219
10,250.000
2,277,458
1,000,000
71,305
36,200

-
137.310

.:860:17

5,500,000
5,000
200,000


9.844,77 12.828.518 5.325.1581 ,017.122 13,235.242 9.61.156


301,796
318.224
77 69
214,623
26,281




29,1
19369
1,659.108
62,062
631,344

42,9201.
,920


19,06ss4
9.1 61
.070
570,853

231,%96






1.553,71
70:2
921,808





614,961


99,292


153.948


122,783
61,063
13:.703

7.935
470,973
1,424,985
122,201
28,28
137.26
685,4w82
52,679
399.786
d 98M

311,296
31,057


14,715 405,561 225,000


4,L


81964


6,539
560,787
2,9509823


307,406
542,410




871.06


405.861

22.642
o0007
60,754


531,000
3,800,000
268,635
28.282
362.303
500,000
36,000
1,128,682

3.129,044
1,765,000
10,000


225,000

450,000
500,000
33.000

4,800
465,000
1,600,000
235,00oo
12.274
a,000
4750
54.000oo
1,830,000

1,792.689
1.330.000


i* t


- -


I I


.2/ ata not included in totals Includes Southern Pacific Copar. Tesas and New Orles R. Co., an leased llas.
g Operated by Fedaral Managr.
u S GOVERNMENT pRINTING OFFICE I.44-O-S4Ot6


t~i


Pape 2


EI tarn tria ................


942
2.499.942
r.g6i~la~
~2s.ehl


I


I I I I I I I I I


.





I I I I I


-I ..-.


I I


I I


I


-r


-r


-t


I I


I I I


-4-


-L


I


I


i


-t


- -


2T9901I


-I-


-F


-r


.-r


--t


.


-i-


-C---~-t--


-I


-r-


-r


-t


-T-


I I


I


" "


9.S75.580 2,037,029


1.989,062


8,362.970 9.718,667 1.854.386 2,760,488 5.812,458 4,299,597


12.UB8,b62


536.,4


lU.T0.D2I


rr~ nm


2,350.223





SuCc st&.o revi-.

Subject to revision


UNIVERSITY OF FLORIDA

I1II 111111III1 11116 81111111111111 1171181111i"I1111C1111111111
31262088511778 IN TERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS

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


Statement No. M-125
FEBRUARY 1944


S UNIV. OF FL LiB


U.. D- 5 -E

U.S. DEPCO6TOfRY


Compiled from 131 reports (Form IBS) representing 135 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Class I Railways Class I Railways Not in
All Class IRailways Receivership or Trusteeship#
Income Items For the month of February For the two months of For the month of February For the two months of

1944 1943 1944 1943 1944 1943 1944 1943
1. Net railway operating income 8..... .....-- ~, -------- 179 --o5,8. P, -167.17,093 210,923,92 63,78, 0 78,112,611 1 $ ,932,726 $155,783717
2. Other income...... 13,172,828 11,65770 27,633,139 25,68,692 ,832,583 10,585,147 24,950,905 23,232,616
3. Total income ....- ...- .9..7.................... .0 9- 666,007 117,300,015 19495 232 235992,O4 75,619,933 88,697,758 149,883,631 179,o16,333
4. Miscellaneous deductions from income ..--................. ..... 274529 2,157,692 5,287,324 4,2s7,68 2,131,658 1,984,060 14 7735 ,5867
5. Income available for fixed charges....- ...949..... 94,920,78 115,12,323 189,662,908 231,704,8 73488,275 86,13,698 1451411,279 17,076,466
6. Fixed charges:
6-01. Rent for leased roads and equipment......... 12,102,413 14,636130 24,576,462 29,4,575 11,383,684 1 248 22,971,67 2634101
6-02. Interest deductions ...---.....--... 34,3-18,014 6-198 6,--7988,7 72,,30210 o22,794,169 24 ,1995? 45,66 49, 4L1
6-03. Other deductions-------- 119 .440 136,2 872 23992 2,49921 18397 191851
6-04. Total fixed charges ...---- 46,5 867 51,038 200 29, 11 1 02,316 34,268,32 38 464 68,79364 76,36,
7. Income after fixed charges ..--..-....8.....81 6.4 104 2 96 97 12,32584 39,21 484 76,.15 98 314
8. Contingent charges ..... 2-,342,510 2,212,9 ,685,939 4,466,,725 1,5 8,53 1, 450,386 3, ,992 2,942,778
9. Net income/ ............-..-46,038,301 61 891764 91361,758 124,855 859 37,639,36 47,206,8 4 73,1451,923 95,790,695
10. Depreciation (Way and structures and Equipment)-- 26,314,184 26,232,010 52,919,796 52,685,097 21,293,979 21,198,103 42,843,078 42,613,427
11. Amortization of defense projects..-------...----.... 14,441,295 10,478,984 27,519,341 19,860,870 12,633,948 9,403,203 24,078,887 17,747,520
12. Federal income taxes ........ --.... .. 101,218,643 95,149,452 196,985,472 183,079,102 84,792,426 79,739,040 163,653,745 156,206,947
13. Dividend appropriations 1 ,17 20.179 14 4
13-01. On common stock -- --........ ...................... 178. 5, 15 0156 i7 17 p
13-02. On preferred stock.....................----------- 2,5 440 2, 5,080,128 5,211,921 2,516, 2,60,500 5,080,18 5,211,921
Ratio of income to fixed charges/ (Item 5+6-04)... 2.04 2.26 2.03 2.26 2.14 2.28 2.11 2.29

All Class I Railways Ca ailwa Not in
Receivership or Trusteeship#
ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of February Balance at end of February
1944 31943 1944 1 943
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) .. ..590.545.098 548.628.300 546.802.616 519.33.019 Number of A t Number of
Reportt. Amount reports Amount
'21.- Cash.................. .. .. ..... .. .1,179,65_-,-12 1,0-,4-1,415 ?05,60.?,88 754..,50.4,3141-.....reports. rports---1,171,61g.41 1 5
22. Temporary cash investments 1,901,1 8 97206-81 -1,412,50o.834 89,03122
23. Special deposits................................ 192, 6 127,818625 161,83 12 91,96:1 February ... 194 110 46,l,836 18 13,080,535
24. Loans and bills receivable. ...... -- ----- ....2 3. 283 ..February.... 19. 107 64,54,276 21 2,65152
2 Traffic and car-service balances-Dr .... -----..-. 48,1 2 43, 3 37 36,o408,05 2 months ... 1944 1 ,56,13 196214
2 Net balance receivable from agents and conductors .. 173362781 127 0 1423,95 2 months ... 1943 0130568,3 5.712,5
27Miscellaneous accounts receivable.-. 665,11..87 4.....81,273,626 516788,605 375,6
28. Materials and supplies----- -...... .. 555,018, 507,039,73 43,586,49 O NE INCOMO- ALL CL I
29. Interest and dividends receivable .------ -------...- 23,105 17,811,38 19,420,29 8,869
30. Rents receivable ---- .---. ---------.- 1:802 96- 1:193,107 -:234:976 78:369 NET INCOME- ALL CLASS I RAILWAYs
31. Other current assets~..............-- .. ......59.429.26 13889.551 5.268.052 9964.569 ILION5 OF DOLLARS
32. Total current assets (items 21 to 31)- 4.,4.320.445 3.393,984,913 3.678.862688 2,656,277,948 1CO
40. Funded debt maturing within 6 months4/....... 113.761.313 126.8621690 92.620.024 110.682.918 10 91-
41. Loans and bills payable S/ 0....6 1-...,- ....---- ---88,83 4 ?,03 2,600,000 1.608 100 120
42. Traffic and car-service b4lances--Cr. ...................---...- 2065 19 0 ? 153575,200 88.88138
Audited accounts and wages payable ....-.........5... 5..748 6 34-7,9. ,92,30 2 ,321 O,692,087 100 -
4. Miscellaneous accounts payable........ .-----------.. 92,155 9,81 ,910 6,671 4 816 27
4. Interest matured unpaid -----.......-....... .................. 69,,634 40,29168,710 80 -
4. Dividends matured unpaid_. ----------- -7-----2--:21.567.. 12.3"6 ,89,8 ,2692,i41 0 f
47. Unmatured interest accrued ----....... -- --- .... ....... ... 68,361,66 72 ~,80.,19 7 53" 70 : 6
g. Unmatured dividends declared- 672,9200 ? 2 --- -
49.' Unmatured rents accrued-----'- 22-67-,9:..............4 .........27 19, 957717 940 1
Accrued t x liability...- 1,901,5-------- 1,1605424 1,611.0 5790 165D 1 16011 70 .2: :
Other current liabilities.165,82817 63939,352 114:7 7 0 47 9

53 Analysis of accrued tax liability: J F M AM J J A SOFNIMAMJJJASONDJFMAM J.A5SOND
53-01. U.S. Government taxes....- 1,768,451,412 1,032,951,244 1,508,968,432 931,249,474 1942 1941 1944
53-02. Other than U. S. Government taxes-....... .. 132,553,646 1r7,103,180o 02,338,358 101,301,875


I/Represents accruals, including the amount in default.
2,For all Class I Steam Railways the net income was as follows:
Period i944 1943 Deorease
3 months ended February (126,472,416 t205,708,310 *79,25,894
6'months ended February 352,507, 558,77,9 205,97,7
12' months ended February 840,494,049 983:172,563 142.678.514


V/For railways i receivership and trusteeship the ratio as as .fllws:
February 1944, 1.75; February 1943, 2.19; 2 months 1944, .75 ; : months 1943, 2.17.
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.
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.
# Figures include returns of the Minneapolis and St. Louis which emerged from receiver-
ship on December 1, 1943.









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

FOR TWO MONTHS ENDED WITH FEBRUARY, 1944 AND 1943


SDIL ORIL IN00. DIVI NND ET RAILWAY OPUKATING m IINORAL IICOM DIVIDED
U amwAT L oPIRJ nG ru I OKI mT iOmiO
IT OW Tk BS APPRaPRIATIO IBCOI TAXBS APOPROIATION
Region and railry R- egi6 and railvwa
194 1943 194 1943 194 1943 194 1943 1941 1943 1944 1943 194 1943 194 1943


United tats Iot l ................... $167.317.093 $*0,923.392 $91.361.750 $19.s55.859 $196.985.472 $183.079.102 $25.259,684 $23.505.095
rastem .District- Total ...............* 5.381.107 6,.318.629 4.9as.054 36.659.50e 43.22,604 49.333,180 3.707.o07 3.686~.28
ew land eaion Total .............. 5.513.476 7.304.172 2,3.9 s9 3.750.198 1.799.380 3.765.236 95.700 122.940
Bangor d Arootoook .................... 341.302 412,928 250.63 310,322 381.707 218,650 95,700 95,700
Boeton and Mne ......................... 1,0 1,715.489 252.99 s71.t3 195, 000 643.000
OCanadian National Lines in s aw Il d IN 2 4 2. 4 a16."3 258.164 -
OCnadin Paofic Linesl in MZ ai024. 3 .... i. 53.03 -
Canadian Pcif io Lns in erionT ...... 02, 1 61
Central Vermont ........................ 1.86 a 6 9 ad i 022,7 00 18,100 -
Man Cntral ................................... .. 298,1485 '47.156 l. 5.55 193,820 27240
' Y"ork Conn.ting .................... 321.607 21399 60. 50,000-
t Ta.rk, v' Rvn and Hartfo ........ 3396 4,437,196 2,045,725 2,729,98 .1,205,62 2,641,666
Iatla* ...... .......... .............. ~ 71.2 a Io.O 4 a 6


Gr at Lakes la on otal .............
Ann Arbor .........na ....................
SO.mCtri end Indalln ...................
elal r Iand Unii a on ........ ........
Delaware, Lkwaan end Western ........
Detroit anda Kaki ........ ...........
Detroit a l Tolido 'hore line ..........
Iria ........ ............ ............
Grand Tunk WVsteal .....................
Lehig Mh m.0an River ................
LehiCh anOd~ Mwu and r .................
high laVs *............................
Monoehela ..............................
Xaontur ............................
New Tork Centrl ..................
Nev Tork. Cbhicao and St. oui .........
Nle York, Ontprio end Vsetern*e .........
N'w Tork, S tsquhannae and Woeternee .....
Pen IeMaruet .........................
Pittsburgh SLak are ................
Pittsburg an Shawmut .................
Pittsburgh est Virginia ............
Pittsburg, Shanaut and Northern ........
Wabash .................................


Oentral Usatern egion ot.l ..........
Akrn, 0anton A Toungtown** ............
Bltimore and Oho ......................
Bemame an Lakre Ir .................
Central L. a of No Jerse ...........
Chiaoo 6 eastern Illinos ..............
Ohioeo & Illinois Mdland .............
nhiago, Indianapolis and Louisville** .
Detroit. Toledo and Ironton ............
RZlgn, Joliet and asternm..............
Illinois TrmiSan ......................
Long Islan .........................
MtllourL-Illinoist ....................
Ponnsvani ...........................
PnnesylvanTia.-Badlng eahore ..........
eding .................................
Staten Islaln Rapid Transit .............
Western ryland ......................
hteelin and Lakn rl .................


24.392.721 32,050.576


I 1 t


12.756,133


75,167
105,733
114,039





122,192
296,195
5,698,309
1,120,151

438,119
580.813
6,121


9.773,032


19.422,690


40,619
63,o4o
141, 112
610.389
97.0s3
1,620:369
596.524
53.318
13,330
781,979
200,389
114.381
10,710,937



706,691
S 1,711
1-1073
:a:M


17,790,169


49,393
190,495
303.000
184,552
2.621,585
135.000
106.393
112.519
476,000
143,488
69,875
5.597.840
3,008.000
77,0.c
659.698
87O,131


3,105.321


23,643,055


20,703.890


27,080
162.000
366.000
366,ooo
59 5000

5,000
3,443,470

95.101
56.000
1368,65
97.305
6.9014,800
3,438,000
41,028
1i116,358
13.221
89,232
2,811,594


24.864,054


2.655,215


2,017,029












598,186


956,092


4 4 "I -.


31.105
2.739361


97,707
215,072
408.793
*5,1837



-

1,061,285
439,583


32.159
5.52,026

460,:33
113,
209,773


a 3
,R3


-4
4,502AC>4
^-A^jg~


58,973
3,110.119

232,000
115.600
100,000
261,816
341.779
386.700
39.939
112000
15,07,836
51,802
1,917,000
52.491
77,000
997.000


14,310
4,042.000
S _5.g
S.
497.000
238,500
60,000
339,285
598.839
271,900
100,093
134,000
15,021,905
51.710
1,482,000
652.000
1,288,000


699.557

256,535


2,607,2148


b0,000
1.969,062












.598186


956,092


699,557

256,535


Southern District Total ............... 41,.42.702 48,329.311 30.13.694 35.865.32 55.28912 5 4.361.659 14.216.068 14,368,588
Pooshonta ltleon total ................ 11,275.127 11.531,115 10,696,208 9.930.800 15,953.318 17.22162 9.259,223 9.411,743
Ohespeake and ohi .................... 5,53T,0 59,47 4, 968 4.909,579 6,17,013 T,278.662 5.743.015 5.895.535
lorfolk ad veteran .................... 3.917.6 3.690,06 467.167 3.505 5 6.030,000 7.225,000 3.516.208 3.516,20
Riomnd, Pre.erok... eur and Potomae ... ,5,054 6,181 586,46 ,61, 2.325,000 2,415,00 -
Virgitntian .............................. 1.234.620 1.271.392 870,927 9014342 881,305 803,500 3-- 5


Southern Ration Total .................
Alabm nat Southern ..................
Atlanta and Wt oint ....... .. .....
Atlants, Blringham and Coast ..........
Atlantio coast Line ..................
Central of Georgit ....................
Oharleston & Western oarolina .........
Oinointnati, ew Orleans and Texs Pacific
0tnohfield ...........................


19.487,486


25,94,525


39.335,807


36.639.497


4,956,45


_____ 4 4. 4 4 4 4 4.


* report of receiver or rasoevers.
** BRport of truste or trustees.
Defloit or other reverse iten.
Formerly shown as International y. Co. of lMane.
Includes Boston & Albany, lessor to New York Oentral 1.1.


331.959
66.o08
71,064
3.140980
495.
93.449
52,638
776.501


324.3P6
160,083
3,665.477
651, 244
110,641
620,902
596,100


930.000
177.123
45.000
7,000,000
428,470
80,000
1,248,000
116.110


s63,ooo
201.855
75.000
7,500,000
304,315
80,000
1,475.000
115,776


20,445


20,445


Southern BIeton Continued
COluabu l and GOre lle .............. ..
Florida Imat Oo4t6. ..................
Georgia .- Lessee Organization ...
Georgia & florida* .......................
Georgia Southern and Rorida ..........
Gulf ad Ship Island ....................
Glf. Mobile and Ohi ....................
Illinois Oentra .........................
Louisville and ashville ...............
Milsltsippi Central ...................
uNshville. Ohattamooga & St. ouis ......
NIv Orleaa sand Northeasutern ...........
Norfolk SouthernT.........................
Seaboard Air Line ............. ..........
Souther **.................******...............
Tense Ocntral ........................
western br. of labua ..................
aT&oo and Mississippi Talle ............


2.657.87
433,602
108,857
87.916
682,128
4.088o398
4,240,2

156.50
77,50

5,.488.102
10p.635
94.319
972.253


25.646
1,723.890
696,212
30,163
178.309
4.255
897:640
5.990.702
4,059.083
62.958
1.276,826
238.655
151.629
7,072,340
5,680o,8s77
97.302
.1,i3461
1 ,313


332,520

71, No




1195.139
2,o403
1.718.789
3.259,762
871560
502,917


600,19




2,712,.19
43,672
1,035.813
190.361
69.152
4,866,69
3. 396,3
59.037
98,627
639,673


197,000
501.644
4, 721,O0O
8,319.440
476:686
348,000
1,740

a,6iooo
8.863,000
80,918
189.838
978.500


8.975

250,000
829,800
2.959.000
8,431.440
29,113
708 498
690,000
46,101
1.200.000
9.310,000
27,901
178.323
542.500


12,340,000




2,596,400


9 2,340,000




2,596.400


Western District total ................. 70.693.284 94,275.452 36.250.010 52.331.032 98,463,743 79.384.263 7.336,609 5.450,227
Northwestern agion otal.................. 16243138 20,676,061 3.439,657 6.679.677 12.105.396 9,459,024 125.000 125,000
Choago and North Western** .......... .082,190 3,823199 1.62987 1,277,940 1,675.000 1,670.000
Chicago great western .................... 549,976 56,1 3s0,2o 1 380,178 421,000 429,000
Chioago, Milwaukee. St. Paul and Psaflo*e 5.235.484 7.819,209 1.811,157 4,109,172 4,123.000 3.670,000
Ohicago, Saint Pal., Minnepolie and Oash 612,975 5WCalsI 209,072 12093 140000 -
Duluth. Mssabe an Iron Range........... 2.0 541 -
Duluth. South Shore a Atlantic 3......2. ,87 -
Duluth, Winnipg and Pacific .......... 6,121 45479 -
Greet Iortho ......................... 2,999.906 3.08os5 7 110 2.575.000 1,640,000
ren Ba and Wstern .................88,480 92,160 99,074 110,424 42.167 21,000 125,000 125,000
Lake Superior A Imeing i ......... 3....... 169.662 a 16.138 l 16
Minneapolis A St. Loui ................. 257 69733 26914 303.000 -
Minepolis, St. Paul Sault Ste. Mari 1.084.52 635,512 2 1 10.7000 81,707
Northern Pacifo ......................... 3.275,697 4.117,33 2,519,900 1,874,576
Spokane international ................ 29351 73,60 8,99 53,081 5,996 72,741
Spoke, Portlan and Seattle ........ .. 26.705 1,175,004 189 599,007 133.333 -


central Vestern egion Total ..........
Altone" .................... .........
Atohison, Topeka and Santa Ps /e .........
Ohioago, Burlington a tqin. ............
Chicago., ook Island and sPcifio .......
anlaradoa ndoutmharn ....... .........
Colorado a yoming .......................
Denver and io Grande* Wester**..........
Denver ad salt Lake .....................
Port Worth and Denver City ..............
Northwestern Paotfl ...................
Southern Pcific .......................
Southern Pacifi Transportatlon Syrtem j
Toledo, Peori a Westernf/ .............
Union Paific ...........................
tah ..................................
Western Pacifie** ........................


Southwestern Region Total .............
Beinont. Spur Lake & Wetern* .........
urlington Rook Islnd ..............
Intnatinal-Great Northern* ..........
snasu City Southern ...................
omas, Oklahomr OGulf ...............
Loulrsana Arkansas ...................*
Midluad Valle ...........................
Missouri and ArkanM ....................
M1Iouri-Ian8&G-TXfz ..................
Missouri Paifi** .......................
lv Orleans, Texs A Mexioo** ...........
Oklahoma Cty-Ad-Atok.a ..... .........
St. Louis, Brownsville and eloo** ......M
St. Lous-Sanl Franoisoo** ...............
St. Louis, San r coanl nd Texas .......
St. Louis Southwestern* .................
8an Antonio, Uvalde Gulf* .............
Texas and evw Orlean .................
Texas and Pacific ......................
Texas Mexian ................ .........


35.190,207 48,267.803 122,580,290 29.955.500


4,557.674

1,993.378
161.987
545.776
,33,846
6,.301,671
9,280so,945
439.147
5,58.33 8
28,602
794,563


19.259.939


350,535
110.785
5"6,977
762.371
162,57
384,404
53.704
32,938
1.415.937
5,911,664
669.994

2,.16,556
5,.677
1,384,551

1.112,842
92.081


1,114,355
9.887.247
7,319.414
7,267,304

2.430.027
21,1452
467,202
112,027
11.133. 479
15.67:51o
. 39.84s
6,405.4u8
29,822
1,005,815


614,293
7,009.335
S3.T704 .53
2.523.78
30.038
999.106
72,913
366.725

6,130'218
1432,199
5.20,.785
14,576
221,283


822,811





296.7314
a2. .460







11,792.29
--j s







14,
1453143
1499


25.331.5U 10,230,063 15.695,.55


1114,898


44..S9
93.472
820.225
1.090,762

421,695
115,020
27.493
1,o880,52
8,209,761
321,028
50.942
772.241
3,427,622
164.303
1.387,007


142,265


329.027
10,940
112956
3 7?s4
128788
231.302
31.701
33.852
819.964
2,852.86
2,1
231.0
31 .253
3 .893
870.392
67.025



5AJ


16.736
a 41
679:.0
181,520
259.140
67.326
27.720



665,816
1,408.441


117.005
906.479

9?,7212
117.005


59.707,089
1452,002
20i317.000
9.706.900

149loo00
707,900

351,219



12,500.000
10,000
893.000


26.6p.258


897.861
512.142
855,000
128,172
746.300
31.701
:.419
1.019,000
7.500.000
627,635
49.253
821.603
1,416.000
100,000
2.527.588
5,799,584
3.575.000
20.000


.4 .4 1 I 4 .4 1...... A 4 b .


47,998.238 7.211,609


589,504
Lsg,sc
19.707.000
5,269,068
2,000,000
68.000
900,000
300,687
7 6
7.638,873
11.84.767
11,000,000
10,000
375.900


21 927.001


425,000
876,000
1,000,000
121,013
6,720
18,800
870,000
5,100,000
535.000
30.824
795.000
988.750
104,000
3,628,000
4,209,894
2.494.000


1.886.382
1.886,388

5.325.227


5,325.227











5,325.227
5, .52


Inoludea Atchison, Topeka a & Santa lr., ulf, olorado 6 Santa e r .. and Panhandle a Santa P ar.
SData not Lnoluded in totals. Includes Southern Pacifio Coapany, Txas and ow Orleans 1. 1. Co., and leased lines.
Operated by Federal manager.
U S GOVERNMENT PRINTING OFFICE 1944O-SOI46


Pa&u 2


116,241
110,500
1,946 325
1,171,:05






99,923
9,810,2145
1,862,333

739.23
60,179



80,898
1285.308
J_ ,29


87,.260
1,086,894
1,649,382
9,901
3,10821:2
1,333.905
18s4,0o
1,988,224
283,398
121,967
15,467.081


1,1685081
1.040.553
36.711
268.9712
23.194
1.713.587


25,474,910


28.963.881


146,420
6.53,1123

551,318
152,035

555.793
238,.392
a 2A.7
12.184.637

181,027
1.535.858
492.973


132,688
9.917,66


AM
2 p,966
208,108
230.767

11,523,365

147,.304
1.1473.3146
559.860


29,967.575


36,795,196


375.791
60.801
60,902
2.787.513
1,059.876
139.220
800,614
1,142,561


395.585
79,395
3.401,591
1.324775"
156,767
906.357
958,.759


' "


-r-


, 1


- -I -0 0 .- -


-


-.L-


-4-


-L


I I -


-L


-I-


I I I I I


-W


-I


-1




S-t.. 3 .. "- i ./ UNIVERSITY OF FLORIDA

L I ClUt11111 111111I J 111111111111 111 llll llIll IllIll hll lTll C EC11
Subject. n t revisi,31262088511919 INTERSTATE COMM CE COMMISSION
sb2 0 1 11 BUREAU OF TRANSPORT E CS AND STATISTICS

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

Compiled from 131 reports (Form IBS)representing 135 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


- UNIV. OFFL LI.


U.S. EPOTIOft

U.S. DEPO TOMY


All Class I Rai Class I Railways Not in
All Class I Railys Receivership or Trusteeship#
Income Items For the month of March F I the three months of For the month of March For the three months of
1144- 943 7* 1943 1944 1943 1944 1943
1. Net railway operating income-..--......... .................. 92, 50,96 131, 95 2g 52 065,50 270,13 O 96.769,913 $198,281,674 $25,444,036
2. Other income ........ ---------....... -------------...... .--..... ..... ,8 1 8 986 12 ,120 9 711,81 12,601 11, 5 922 31975 2006
3. Ne trailway o income.......................... ............................ 0 9a86B ,1 2 ,6 1 ,0 0 ,1 6,92237,971,207
3. Total income ....... ----------2--144027515 3 5781 382,777,317 83,014471 108,422,835 236,256,881 290,361,099
4. Miscellaneous deductions from income...- --------- 212,38 2,127,8432i 9762 6,835,689 2,482,163 2,371,16 6,9 92,75 26,317,709
5. Income available for fixed charges.................... 1,6 0 141:796 29. 1019 37 5,9 628 80,5322308 106,051,819 229,264,12 6284,:03,3
6. Fixed charges:
6-01. Rent for leased roads and equipment.-.... ...... 12,963,574 15,794,898 37, ,036 45,189,47 11,894,915 14,430,474 4,920,964 1,567
6-02. Interest deductions i/............. ......--- 34,488 04 36,569 433 103:3879 109, 3 3 22,4251 24,7 1 42.3 74,
6-03. Other deductions............................. .-148-,7 130,0 37,4896 121,470 10,0 0 3,27 212,4762
6-04. Total fixed charges......- --...---- 7,600,818 52494,9 141 02,597 15, 3 39,339,2 13
7. Income after fixed charges... 56,045,692 88, 16 15 42 221,065,15 5,73,.2 66, 71225 823 168,235
8. Contingent charges......... ....-..... ......... .... 2,193,02 2,31 6,798.1 6 1,627,4 6, 973 ,:5123.:5
9. Net incomeV/--- -------..... -..---.. ....... .53 652,60 86,653:o7 3 14 20:978 44 45 24 65.,1 ,8 120,835,550 163,723
10. Depreciation (Way and structures and Equipment)-.... 26,309,030 26,447,430 79,228,827 79,160,947 21,453,537 21,454,328 64,323,064 64,093,131
11. Amortization of defense projects---..---.----...... 15,650,861 10,486,118 43,170,201 30,346,986 12,947,621 9,188,957 37,026,507 26,936,475
12. Federal income taxes ....... ----...... ---............ 115,007,453 119,128,142 309,782,322 300,103,742 95,600,623 103,103,858 257,102,738 257,261,613
13. Dividend appropriations:
13-01. On common stock ............- ........- 5,337,709 5,176,214 25,517.265 23,469,388 5,337,709 5,176,214 25,517,265 23,469,388
13-02. On preferred stock ........... ....--..-...- 97,906 314042 5,778,o03 5,525,963 697,906 314,042 5,778,034 5,525.963
Ratio of income to fixed charges/ (Item 5+6-04)... 2.18 2.70 2.10 2.43 2.32 2.70 2.21 2.45
Cl ss I Railways Not in
All Class I Railways Clss I Railways Not in
All Class I Railways Receivership or TrusteeshipFl
ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of Maroh Blanoe at end of Maroh
1944 1943 ~ 9h4m4 1943
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) *.... 589,556,044 $548,863,276 $545. 86,391 1519,478,425 Number of Amount Number of Amount
reports reports Amount
21. Cash ....... .. ..........................-- .............. 1,00 1,9 1,0614, 56341 7 ,16 762,826,203 reports reports o
22. Temporary cash investments.........---------........... 1,72---,--,12 933,936,90 1 7, 767,761.0 1
223. Special depositsi...s.................. ........ -1 2 34 13,112,h99 1 16 121,082,11i March .......1944 107 $56,63,082 21 $3,020,462
SLoans and bills receivable --...----,--54 10,650 26,94 284, 616 March .......191 111 878,07 17 2,225,004
2. Traffic and car-service balances-Dr ............... 54 48 47,08127 3 7 40,821 702 month ... 194 108 157,52,25 20 831,27
2. Net balance receivable from agents and conductors .29,952 168,780,69 1 25 138,4228 month ....193 108 222,86,785 20 7820,138
27. Miscellaneous accounts receivable .......... 678,452......,688 50789,641 5319, 398,827
28. Materials and supplies -.. 5........... ..... 569.44739 514,9 1,93 -8 5 1 7 1,611'69
29. Interest and dividends receivable ---------....-- .----.-- 23,073,98 18,46,728 19 43,691 17,436,835
30. Rents receivable.......................-834,4 1,0,379 1 ,69 907,769 NET INCOME- ALL CLASS I RAILWAYS
31. Other current assets .................. .. 55,192.408 14.408.937 5 0OO 10,308,431 MILLIONS OF DOLLARS
32. Total current assets (items 21 to 31) -...4.... 481,933.859 3.434,746,929 3.407 64.292 2,674.290.295 1 60 -I-O
40. Funded debt maturing within 6 months/... .............. 105.984.805 123.345.799 684 7.992 107.902.556O I140 --- -
41. Loans and bills payable g/....... ..... --- 16,284,506 16,911,340 97,080 3102,550 120 -
42. Traffic and .car-service balances-Cr- ..- ... 2 7,918 122 5 3 992 80,204818
43. Audited accounts and wages payable................... 03 3 03,5 395 2,68 289,901,268 100
44. Miscellaneous accounts payable....................-- 112.85,7 ,898 85 .56,3 61,04, 513
45. Interest matured unpaid.. ..... 1.... ... .... .6.177,043 70,8,52- -16' 04 164,Z4 1,63 80
46. Dividends matured unpaid .... 17766 232,341 16,1428,939 OU -- -- -- ----- F-1- -- ---J---
47. Unmatured interest accrued-.. 59,44 0,01 6 64 ,43,5 59o070598
48. Unmatured dividends declared... .... ---_ -- 10,643,290 10223, 1 0 10223,45 G0
49. Unmatured rents accrued .................--- .22,181,171 22,198,31 19 ,996 18,901,7 860 4
SAccrued tax liability.............................. 1,724,04,635 1146,957.o 1,4 1,008 60 0 .
.Other current liabilities.. 108.628.151 64. .302 7 47.727.083
y. --- -- 0 ... .. .. __...- L -------------
52. Total current liabilities (items 41 to 51)--... 2.840.205.969 1.978.575.523 2.322882.600 1.660.922489
o. 7. 0- t L - -
53. Analysis of accrued tax liability: 6 JFMAMJJASONDJFMAMJJASONDJFMAMJJASOND
53-01. U. S. Government taxes .....-..........- 1,594i,566o518 1,019,897,105 1~, 55865 909,643,698 19z4 194~5 1944
53-02. Other than U. S. Government taxes........ 129,478,117 127,059,9755 5 99,158,162
-----------------------_------------I--------------------------1 ------------


1/Represents accruals, including the amount in default.
2/For all Class I Steam Railways the net income was as follows:
Period 1944 1943 Deorease
3 months ended March ....... *148,220,978 $214,266,6 37 66,45,69
6 months ended March ....... 324,765,0:44 542,205 217, 395
12 months ended March........ 807,942,481 102774 21 9


3/For railways in receivership and trusteeship the ratio was as follows:
March 1944, 1.80; March 1943, 2.69; 3 months 192, 1.79; 3 months 1943, 2.35.
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.
# Figures include returns of the Minneapolis and St. Louit which emerged from
reoILverhilp on December 1, 194 sand the Akron, Canton & Youngstown which emerged
frea trueteeship.on February i, 1944.


./


Statement No. M-125
MARCH 1944


___ _~__ ._; I _1 __ __ _11IIlj~___:~iZ I









INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS


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

FOR THREE MONTHS NED WITH MARCH, 1944 AND 1943


egilon and rallA


If RAILWAY OPIZATIIO
INCOM3


516,721


1375.472
220,631
1.290,.309
1 .R7 .55


5.979.620
2,290,406
2214,705
1.555,.44
lq6.hw4h


SET tICOIK


________ i +


United Statem Total ................ 52 $]h5.065,505 $168.220.978


621l.266.94i


"I -


449.726
97.301
4,618.126
411,053
152,.35
80.3300
1.109.400


29.079.31


569.848
130.452
252,411
5,766,367
1,219,17T
215603
1.128 753
1.0M.7


MRDLA ICOM
TABS


1.343.0m0
05.000
10,750.000
692.705
120.000
2.256.000
174,165


200.000
12,000.000
556,473
120,000
2,350.000
173.665


r T I I ~. I
DIVIDIND
NiT IAILwAY OPIIIA1110
NiT INCOME
TaXiS APPPOPRIATICNS


DATIMCBN
AIPPVBOPPfRIA


(309.782.3221 6 00103,7b2 31.295.299 *2.0995.351


Eastern District Total ................ 91.675.927 115.333.960 46.102.978 67.419.1s1 71.959.713 82.833.070 h.,99.101 4a.hbho16

New Bugland Region Total ............. 9.01.120 12.627.182 b.315.906 7.239.401 3.323.733 6.266.779 95.700 122.16b
B or and Aroostook ................... 527.880 772.517 11.,605 619,503 674.6417 41.650 95.700 95.700
Boston and Mane ....................... 817.614 3. 10.76 680.1 1.8112,49 511.000 1.352.000 -
Canadian national Lin in sn 279.664 d 240.&j d 3430 d 39575 -
OCanadian Pacific Lines in Min .... 41.65 417,497 -
SCanadian. Pacific Line in Ve .ont. .... 0,7 A 221.3 -
onmtr al Vermat ............. ........ .'. 09 63. 206 3 0 33.100 -
' Mainse 9 ntral ................ .. .229' 5 49629 538 87.157 407.530 274210
S oart Connecting................. .......0.075 373-170 19.465 137,811 60.000 -
5.559.290 739 3,493.4#: 4 1.4 2,015.529 3.962.1499 -
New Yord. Nw Ha ven and artforde ..... .. .5990 7,38.739 3, 93 9 ,7 05 36 -
Rutl.and. ........... ........... 99..1 .l.a. -
I -i_______ I 4


Greatjt es Region- Total .............

a.). ..r ...........................
Ort and Indina ..........................
Delar* and HNouon ....................
Delfnre, Lckamwanna and eastern .......
Dtroit and Mackinac ...................
%leltroit and Toledo Shore Lin ..........
" +.r* irl ...................................
Grand Trunk Western ....................
Lehigh and Bndson liver ................
Lehigh and lev ngl ....................
Lehigh ally .......................
onongahela ............................
Montour ..............................
V TYork Oentral /.................
lev York, Ohicago and St. Loui ........
Nw TYork, Ontario and Wetrle" ........
Iew Tork. usousahana and Wstern* ....
Pere Marquette .........................
Pittsburgh and Lake rie ...............
Pittsburg and Shawmnt ..................
Pittsburgh & West lirgin .............
Pittsburg, Shawmt a d lorthern .....
Wabash ...... ............................

Central eastern lgon total .........

Akron, Canton Youngstown .............
Baltlmor and Ohio ..................
Bessemer and Lake Irie .................
-C0ntmral-a, Nft Hw4-6A -....-...-
Ohiomao L astern Illlnois .............
Ohicoo a Illinois Midland ..........
Choago, Indianapolis aiad oulville" .
Detroit, Toledo and Ironton ............
l1gin, Joliet and atemrn ..............
Illlnois Terminal ......................
Long Island ........................*...
Mlisourl-Illinoers %'...................
Pennsylvania ...........................
Pennsylvani-lebading Seashore ..........
Bueadin ...............................
State Islasnd Brpid Transit ............
Western Maryland ....................


_______ 4 1 1


168.,666
165.150
2.64 .236

1.993.71
14.67.s
1,450,291
s0,621

2,415,,420

15,437.6514
2.825 7115
914.A0!


" ann 3011 287.12 127.085


1.17 ,520
1.271.070


2.:06


4I r7n. 3n


170.760
1.940,351
2,920.915
13,193
293.015
14.769.91
1,923,066
91.937
314'.993
3.290.613
453,187

23 ,1954
3.E ,833
S 4.,02!


27s.12
1.s27.973
1,660,511
64.563
416:63g
42,213
2.781.701


2.T79Q.472


_____r~ 4 l- --I* C


222,617
10,631.60

906.146
231.094
... 2G. 1,


22 2 0. 2
755 IlkS


244,691
16.336.471

1 .l72.9<
5.43623


361.295
344.475


107.349
o5s. i
1.774.o46
389.581
d ., 361

2.l34,051t
382.283
86,943


209.,43
155.773
8,968.1i1
1,770.15o


127,0 5
693.92
902.16
d 1 21
d '


100.976

1.377.689
d 1, 1.731
2.559.39
so3. 9
97.352
235.323
1.520,707
328.675
16,101.419
2.282.639
S 423.4


13B. B4
1,237:441
1,102.STI71


23o,632
-,-8,M


71,181
280,209
300,000
592.000
278.1445
4,608,420
235.000
174.602
161.589
1.265.000
215.232
109.110
12.112,460
5,039.000
14g,390
1,078,727
1.:484,932
4,599
135,21<
5,513,11C


68.98
242:946'
703.000
1,207.000
8.000
212,971
5.879.573

17 ,INs
152,192
174,1108
170.4o06
1,1143.000
20,296
z147036
16,43,720
6.01,100

972.165
1,862,336
26,411
142,692
4.592.2g2


60,000


60,000
2,017.029













598,186


+ t r A
314.623.730 36,573,223 2,065,116 1,559.323
-- .1. -- -i 4


21.i22.155


92.,902



14.900
4271;72

A S 7i


$6.863



11.1o03
g9,22
6593.72
182.
206,a 3
id 39k. l


22.911 0,7 22|.4,73. 11.9412.67 12.332.g0o
4-a81sp L.5?1O a.3IOS@ ;.)4ai*s


222.2 .
2,267.273 12
55:5iii.4 716152


91,177
5,630,119


236,700
150.000

654,.30p
56,374


2.975,3'0

1,21.,000
1.WIq.OO0


106.610



40 .300
90,000

1,056,106

194,000
20.907.g92
68,1411
2.542,000

2.0314.00


353863



125,000



1.049.496

509,27



60,000


60,000
1.969,062
70,605











598,156


1;9,.496

1509,827


Sneeitng anad a art ..........-.* '
outhern Distrt Total.... ........... 621963,7731 76.69,3014 45.68.625 56.913.357 s6.od5.12. l 5l.73.510 15,00 .079 15gd.9
Pocahontas eion Tot .............. 17.331.669 17.913.260 16.475.145 15. 7117 24.924.999 28-,1.507 10.041.011 i0.93,531
Chesapeake and Ohio.................... 5 ,357.371 9,25,7140 6.9o6,610 7.727,130 10,.6 622 7 5743015 5-59..535
Norfolk snd Western..................... 6,230.125 56.022 7. 5311,582 35.579 9,o .10,oo 16,20 3.516.20
Ioheond. Irdaericksbarg and Potom ... 68.10 1.101,632 s68;93 10 2. 1,3112 3:,11,96
Virginian .............................. .2 1.866 13 22. 06 136.500 71.7; 71.78
_____________________ ______ _____ 1~-~ -1.- -___--1 __._-_.-I_____- _______._____


Southern Region Total ................
Alabama Oreat Southemr .................
Atlanta and West Point .................
Atlanta, Birminha and Ooast ..........
Atlantio Coast Line ....................
Central of Georgimr* ...................
Charleston & Western Carolina ..........
Cincinnati, Tew Orleans and Tex Paliflo
Ci -h ida .. .... .... .... ....


415.63 .9&4


i6.256, 44


Region and railway


Southern Region Oontinued
Oolumbus an Garenvill ..................
Florida Irt Cost- .....................
Georgia R. B. oLessee Org atlon .....
Georgia & norida .......................
Georgia Southrn and orida .............
Gulf and Ship Island .....................
Gulf. Moblle and Obo ....................
Illinole s central .........................
Loulsville and Nashvllle .................
M ississipp Ocntralr............ .........
lNashville. lhattuoog S St. Louis .......
Now Orlmans Mad NorthUastern ........ ....
orfolk Southern............ ............
Seaboard Air L6oe .......................
Southsf ........................!........
Tnnooeese Oentral .......................
Western IF. of Alabamauu ...............


IM RAILWVAT YORATI1O
IKCONIO


$35.242
2.513.328
766.0 6
69.631
169166
197 .7

6,589,27
'6.319.776
916 .305

1.499,642

5.972.404
8.363.30o
158.318
133.557
i .O2 R.n


24o0.70
2.739.241

256.17i
1.4
1,362.271
9.090,974
6,421,462
99.50o7
2.07 .003
331.43s1
254,514
11,221,608
8,350.762
173,245
163,600
1 .40.07


4. 4. 5 7


-4.


S0,.713
1,20L.448
616.3111


785.661
4.263.647
4,399.230
66.691
1.163.1193
197.118
27.479
2.76s.109
b1a1a.s6s
102.044
123.123
610.252


V.5-320
2,030.614
914.2


d h.297

6,265.930
U.,400.503
60.671
1,710,302
261,307
131.6s1
7.902,197
.,92lh36
115.629


125.000
1.56.285

287,000

7. 46,o000
12.401o4.60
47,$03
831,620
583,000
19.898
5,900,000
13,322,000
109.322
1.1431.750


o30,300
1.319,975


46 .000




1,099.000
87,788
2,200.000
15,500,000
51.232
295.27U4
976,750


$2,3,40000




2,596.400


$2,340.000




2,596,400


Tasoo ana ssissippi Valle ..... ....---- -- "U ,1 i n
eastern Di trit btal ................. 107.970,452 153.562.241 56.429.375 89.934,102 151.777,415 127.097,162 11.388.119 9.39U636

Northwetsarn .ion Total .............. 25.043.4o 35.289,217 5.503.,51 13.972.881 19.755.925 15.520,199 460.920 353,19
Ohbagon and North Western'*..............6.092.00 6.557.157 P.34%044 2,20,406 3,06465.5-D0 3,0140.0, -
Obo J Great Western ..............6 6,197 575,67 597.367 665,700 3.000 228, 20 228,819
IChaso. Milwou as. t. Pa u a i 7 13.573.712 2.13.0 03 6.8.0 6,6 ,oo
Chicag, t P at PalMinnepolis and Oah 8147, 45 3, 1,o0 -
luth, .Ki -.b nd Iron a.a .......... 141 i -
Duluth. Winnpeg amd Pac .io .......... .gw h,190,
Great Northern.......... .. ... 6,6 51125.900 1, 3 6 000 3,190,000 -
Green and Western... ............. 12 3 1 413 173 6,200 31.500 125000 125,000
Lake Superior & Ishpeing .......... d 210 ~ 2, a 2.107,100 -
Minneapolie & St. Loust ............... 0973 39 7 2 000 50,000
wMinneapolis, Bt, Paul & Sault Ste. Mrie"0 2.127,0 1,15 4 d 1 2 d 1,10 107,000 23760
Northern Pacifio ........................ 5.072.126 6.613.'183 4,356,700 3.258.1241 -
pok International................39.328 99643 10,97 5 ,76o 6,992 175.158 -
Spokan. Portland and Seattle............. 11.943 1.9.404740 d .1 1.082,553 133,333 -
Dog al _Kgn g:s4


0entral1 etern Region total ...........

A1on ...............................
Atohison, Topeka and Santa / .........
Ohlcao, Burlington & Quilnoy............
Chiol* Book Iland and Pacific" .......
Oolorado and Southern ....................
Colorado a Wyomio ......................
- =nnve ., at.o ren. W.atn.l .........
Dever nd iSalt l k .....................
Isrt Worth nd Denver ity .............
forthwtrn Pacilf .....................
southern Pacifio .........................
southern Plafic Transportatloa System f/
Toledo. oria & VWeetern V ..............
Union Plfie .........................
Utah .....................................
Western Pifi*o.' .......................
Southwestern legMon total ..............
Beaumont, Sour Laket WeterBn' ..........
Burlington Book Island ................
Intornational-Great Northern*" ..........
Kuans City Southern .....................
XeMs, Oklhoma & Gulf ..................
Louisiana rkansas ....... .........
Midlnd V'aley ...........................
Missouri ad Arkansas................
MisUouri-Tansas-TexI ....................
Missouri Pacifioe .......................
N e Orleans. Texas Nexico* .............
Oklthou Colty-Ada-Atok ..................
It. Louis., rowvrllse and Ma ioi c ......
St. Louls-San ranoisool .o............
It. Louis. San Franicio and exas ......
St. Louis southwestern** .................
Sea Antonio, Ivalde GOulf .............
hsxa and lw Orleane .....................
zxas ad Pacific .........................
exas Mexican ...........................


1,356.5F .5


1,356,555
12.117.269
7.097.723
7,358,916
791.517
121.633

240.035
717,723
35.873

935.305
8,978,936
41,711
1,320,516


6 1 I


1.7,24.754
1u ,998.035
11.995.:16
11.962.688
768.119
70.266
312.908
Y65.466
152,699
185.027.803
25,401.840
546.077
12,811.044
50.589
1.5 B9.o09


903.903
10.159.L17
5.191.359
",251,55
6.8,761
101.693
105.80
650,565

10:036.051
626.216
8.535.452
20.709
165.1,27


1.219.177
12.575..1
9.920.,41
7.803.320
5U3.100
49,963
233.398
425,613


19.442.273
535.750
12.609.166

1.035.472


666.311
31.640,000
13.501.000
6,750.000
350,266


450,618

15,229,531
23.313,036
20,000,000
13.500
1.825.300


921,699
30,425,000
8,659,147
3,000,000
232.525
99,200

U94,998

13.177.714
19,805,046

17,000,000
18,600
821,100


3,640,590






1,886,382
1,286,382

5,325,227


3.640,590









5.525,227


---- -- I I I -


5140,1475 297.1465 305.655
255.939 1,367.661


158,003
929,212
1,224,1446

527,.27
68.658
57.355
2.470,722
8.699,272
995,455
714,1403

677.861
4,011,055
131.295
2,255,527

1,670,690
169,419


14,41136 5.2,34


297.,46
138.793
1,225,663
1,719.145
317267
602.823
142.077
46,619
2.674,811
11.183,669

69617
869.700
5,562,885
231,055
2,079.170


2,271.936
225,984


50s,655
8.317
302 ,16
710.405
193.923
299.370
24,.505
5.899
1,582.614
4,122,931

1497.003
1.091.699
103 240


940,3558
129,918


255.939
1.1 _.17
361.315

41.599
1.600.977
6.876.942

710,069
2.528.711
20. 313


1,367.261
909,442
1,605.000
192.998
1,00.1,00
24,905
39.5-1
1. 35,000
11.000,000oooooo
963,635
63.15
1.322,603
2,37,00o0
271.000
4.,315,323

5,0613.505
5,113,000
ho,ooo


35.126,340


461,000

1,351,000
1,500,000
189.572
1.071,500
3p.800
1.311.ooo000
8.800,000
807.000
55,0412
1. 45,000
1.,00.000
156,000
5,438,000
6.627.332
3.966.M35


75,000


75.00


75,000


lfh- .. a.r l a ...Ka.1. -f S a7d P1aha-dleh11nta II I r.
inc--ne -4 oison.4U&eaa IN j.-. M Clrao&Sat B. .r -hn &Sna 0k


Report of receiver or receiver.
Report of trustee or trustee*.
A Deficit or other reverse itea.
Formerly shown a International By. Co. of Maine.
Includes Boston & Albany, lessor to Nev Tork Oentral R.R.



__________ a.-.^ ^ .^ '.i ________ .' ._________________________________' _______


30,668


30.66f


Data not inloLwag in totals. Includes oathern Pacific Conpny. Texas and No Orleans B. R. Co.. and leased lin.e.
Opra on TP & S re u opete4 M g U.r I
ftOperated by Poedea Manager' us con.


RNMUCT PAINTING OFFICE :I;s14-4C 1


Page 2


-1


G


I I I I I


S1944 1949 194 1 19 ______ 16) |


194h 193 19 I


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I


i


I


in


"' ~"


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I


,-T-


-r


-r


* I


11


'21


ml


F(I


I I


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71


OL


.1


, I


:-L


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I


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~ .. rr


TAXIS


LIV ILTU Cs
APPPOPRIATICNS


XV Iircor.


r


33.807.320


ho,993.06s 2.735, 5


351 3.T740


50.127.TO6


20.264.114 31.100, 2


9.9b5.511


os o57.595 35.3 9


3 5 555 so


34.822.730


36,573.223


2,068.186


1.559.323


40,144l.36


75,000


38,215.4291 ,15,588,941 238502,993.


29.071.535


60.532,003


4.967.068


4.67,068U


29.21n 7820


41.366.240


61.120.122





S/ L 3 / : -u ./ bY

Subject to reidon


UNIVERSITY OF FLORIDA

11111 111111 111111 11111111 111111 1111111111
3 1262 088512065


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECOIOMIC AND STATISTICS


Statement No. M-12S
APRIL, f4


SEDO OTOY


U.S. DEPCOfTOAY


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

Compiled from 131reports (Form IBS) representing 135 stam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Class I Railways Class I Railways Not in
Receivership or Trusteeshipl
Income Items For the moath of April Pr the te o m month of por the month of Apri Feor the ftor months of
1941 1943 1904 1943 1944 1943 1944 1943

1. Net railway operating income. ... ................ ,-, 5,012o ----- -----------------------,g, t ?: 326,01,2o4 3,
5-03. Other dedo3ion12s .
3. Total income 1---- 1 -- :- --------------------------------1 9:5;11014,5:3# 397 ,; 353
4. Miscellaneous deductions from income s32 ......................9. ......... -109 7,1 1,7 0 ,1 ,1
5. Income available.for fixed charges .-. ....97:329118 9 ...13 511 1131 2a
6. Fixed charges:
6-01. Rent for leased roads and equipment .............. 12,423 968,68 59,264,2 11,24,641 14,040, 46,166,606 55,39,55
6-02. Interest ductions- ---------------------------342 W 3 9510,2 22,62 1 I
6-04. Total fixed chargess........................................ -,8- 2- 126: 18 2 21,1 A 9
7. Income after fixed charges e..--............................--------- 0AR 30,0
8. Contingent charges-----------_-- -------------------------2n,386791 l2 6l392:lr3 2 6 923
9. Net income g/---.............-----------.....--------- ..------ ,033,277 86;,73, 7 a 300,539;763 t1, ,J 162,101a. 228,;1,
10. Depreciation (Way and structures and Equipment).-----. 26,602,876 26,514,153 105,831,70 105,675,041 21,537,855 21,43,Ms 85,860,920 85,528,010
11. Amortization of defense projects-----.. ---------.. 15,165,759 10,31,633 58,335,960 40,665,619 13,080,775 9,376,830 50,107,282 36,313,304
12. Federal income taxes...........--------------...----------- 101,427,220 120,882,396 411,209,543 420,986,138 85,045,077 104,003,860 34.t147,816 361,265,473
13. Dividend appropriations:
13-01. On common stock. ..----.-----.----------....... at... 8......... 292 52 57 ,3,9 3 871 33,0081 a, 7,17 23af5,.70
13-02. On preferred stock -----..----- ........ ------------------------- 8 8 990 L 16393 ,3753
Ratio of income to fixed charges_/ (Item 5+6-04)_ 2.08 2.78 2.09 2.51 2.26 2.74 2.22 2.52

All Class I Railways RClass I Railways Not in
All Class I Railways Receivership or Trusteeship
Selected Asset and Liability Items R at en of Ao B t o nd ef pANALYSIS OF NET INCOE---ALL CLASS I RAILWAYS&
Balance at end of April Salanee at end of Apil
1944 1943 1944 1943
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) ............ 79.6011 U1.2g4g, u. .33 mber of Number of
Amount Amount
21. Cash ...........................-....-........- 1 ........ 1029,.,105 87 8e,58 750,47,38 reports Amout reports A-7
22. Temporary cash investments-------.---------- ------116 1 78. 1 1,76,,1 968 1,35 9 ,, 926,109987
23. Special deposits--..................------------- .....------- -- 236 119,293,31 # 41. 0 1 April .......194 111 1 (1,50,277
24. Loans and bills receivable ....---------- -- ..---------- 2 3 2 Apr ....... 19 -3 87 1,7
26. Net balance receivable from agents and conductors. 1 1 6 i 10 4 4 months .20, 8
eTraffic and ear-srvice balances-uDr1... 8 2., 7' 2 .I:
27. Miscellaneous accounts receivable ........ ....6 ................... 5ri5 96. 11816
28. Materials and supplies -------- -------- ----------- ----. 575:------7-37s w V-- 1 6
e. Rents receive e--- -------able ----50...... ----... --1 4 19N6' NET INCOME- ALL CLASS I RAILWAYS
29. ente e t e d d v ens receivable --------------------------------------- 0 6:
. Other current assets.................. .......----------- ------------------. n ,.7 MAILl IONS Or DOLLARS
12. Total current assets (items 21 to 31) ..... 4,4,.-44 -," ,M." ..---.s--n.4" P.-1. M 2J31 1 0i 11.;11
40. Funded debt maturing within 6 months -/I.......................... --102.80...JA7 l.Z.1l2 O -~. 4-6 I 0
41. Loans and bills payable /..- ........ 13687 6 16 U 1 90 ,000 2 00000
42. Traffic and car-service balanoes-Cr.----- -----------21173795 129 0 TO 8 1
43. Audited accounts.and wages payable.--..---.....----........ .... : ------ 0 3 00
44. Miscellaneous accounts payable.....--..............-.......---..-- -. 11
. Interest matured unpaid ---------------------------- 21
4 n. Dividends matured unpacid.-------................-- ..- ----. ----..;.....7'---------6 19 10 1, 9 2,3- 6".-,';
. Unmatured interest accrued......-- .. ...... ....... J: 6 : 8 I "
. Unmatured dividends declared ..-. ............. ........:0
Unmatured rents aoo r7. 1 11
Accrued tax liability- 1,- -.---- ---------------- 27,6 2, 7
Accrued tax liability ......... ........................... ..... 1 : 7 l ..........'
.Other current liabilities------- .. ...---. ... .
52. Total current liabilities (items 41 to 51) --.... ... .899.468.06 2 3.1I, 3 A..I.76 ..I--...I. I
53 Analysis of accrued tax liability: ....*JA O"0^ NJFMAMJJ ASOtJPMAM ASON
thanU. S.. s. oovermernt taxesrnmens_ 1.......... 1, 1,1.,It 9,Q 1 ,0z 194.M
50 Other than U. S. Government taxes-......... .......... 43- 1F310189


/Represents accruals, including the amount in default.
/For all Class I Steam Railways the not income was as follows:
Period 1941 194; Dsesu


/For railways in receivership and trusteeship the ratio was as follows:
April 1944, 1.59; April 1943, 2.90; 4 oanths 1944, 1.14 4 aeseth 1943, 2.408.
S Includes payments of principal of long-ter debt (other than long-temn debt in
default) which will become due within six months after'close of month of report.
I includes obligations which mature not more than 1 ear afte date of iase.
Excludes reports of 3 roads whose net income (or deficit, was absorbed by
the controlling company.
# Figures Inolue returnsof the i eapmolls ama it. Louis which emerUI trom
eouivershtp a Deoember 1, 1913, the Akron, Ouaton & Tomgtoe m bMob n r*Mn
fm trusteeship on Februayi 1, 194.


3 months ended Ap ....... 150,930,242 237,575,668 86,65,4
6 months ended April ....... 294712899 13 2
12 months ended April ....... 064 1.0 2


i-










INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELEC INCOE ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS

FOR FOUR MONTHS ENDED WITH APRIL, 144 AND 1943


n BAILWT OPM TIGI m aoRAa TaL InCOME DIVIDE N IN RAILWAY OPEUTINGM T I.nCr WEDAL INCOMEn IT D
RINAOM TAN AAPPRDPRIATIONS rNcoE TAXS APPaRIATIONS
Region and railway R egon and railway

19144 13 19 143 4 1944 1943 19 1943 1944 1943 1944 1943 1944 1943 1944 1943


Unitd. states Total................... $350.83.95t .73,5,o12 $196.25 54 300,5391763 .411.209,513 $420,986.138


I. 4 1-y-----'-'t I


122,469,259 164.525.977


100,787,753


98,284,638 119.983,932


5,511,186


5.073.332


Southern Reion Continued


Colbum.


Florida
lwr Malanad Raon Total .............. 12,656,906 18,115.445 6.299,674 10,953,905 5,015.335 8.512.522 151.349 16,.800 eorgia
SGeorgia.
Bangor and Aroostook ................... 691,162 98,884 509,458 781,301 830737 547,650 95,700 95.700 aeorgia
BQsa, a usMaine ........................ 2,737,421 4,370,359 1,224,980 2,679.389 908,000 1,964,000 Oulf and
~as.ian attipoal Lines in New and d .. 6.227 5.71 d 26.976 d 560,825 lf, Mo
maadi Papfl, Lines in Main .....631227 Illnoi
snalian PalI ines in Vaermon ....... .21 d 277.657 Louivl
Central Vermol t .i.....................- ., 320 8 28 2 d 225,607 48,100 48,10 Miseis
Main* Central .......................... 678,866 1,1,080 278,751 7o0 0 352,969 559,o 55.649 68,100 N asvll
wew York Connecting ............... 550,943 449,951 211,799 137,739 30,000 110,000 INe Orle
ew York, ew Hslah artford* ...... 7,726,819 10,766,450 4,976,800 7,418,534 2,845,529 5.283,332 worfolk
Rtla ...... ............... .... 6575 77,064 o.736 17.21 Sehoard
-outhern


Great Lakes eaion ital ..............
Ann Arbor .......... ...................
Cambria and Indiana ....................
Delaware and suo4n ....................
Delaware, Lackaanna and Western .......
Detroit and Maokina ...................
Detroit and Ioledo Shore Line ...........
ri ....................................
Grand Trunk Western ....................
Lehig and Adeson River .................
Lehigh and Sew angland .................
Lehigh Valley ..........................
Monongahela .............................
Montour .................................
eow York Central V/ .....................
Hew York, Chicago and St. Louis .........
New York Ontario and Western** .........
New York, usquehanna and Wetern .....
Pere Marqutte ...................... .....
Pittsburgh and Lake Erie ...............
Pittsburg and Shawnmt ..................
Pittsburgh & est Virginia ..............
Pittsbug, Shammut and Northern* .........
Wabash .................................


Central Eastern Ration Total .........
Akron, Canton & Youngstown ..............
Baltimore and Ohio .....................
Besseer and Lake rie .................
Central R. R. of New Jerse** ..........
Chicago A Eastern Illinois ..............
Chicago & llinois Midland ..............
Chicago, Indianapolis and Louisville* ..
Detroit, Toledo and Ironton ............
lgin, Joliet and Eastern ...............
Illinois Terminal ......................
Long Island .............................
Missouri-Illinois** .....................
Pennsylvania ............................
Pennsylvania-Reading Seashore ...........
leading .................................
Staten Island Rapid Transit .............
Western Maryland .......................
Wheeling and Lake Erie ............... ..


26,081,529


42,926,235


60,121,436


2,755,215


2,813.773


A 4 .4 1 I .4 .4 J


141.403
207,418
2,107.922
563.508
& 20.229
219,093
2,745,608
415,017
115.277
323,05o
977,018
295,461
220,082
11,627,850
2,352,569
A hrM


143.154
852,235
1,226,087
d 23.611
364,957

2.097.0W


193,963
16 ,235
1,470,257
2,104,102

379.8
S3,853,951
l,o.071,856
i ,378
2,297.981
417,908
238,532
21,229,976
3,072,174
UA l l 1lr


3:1 1,
1,146.148
1,506,550

10,995
2,733,116


93,883
353.733
541,000
852,000

325,408
5,928,482
260,o00
230.4131
214,622
1,885,000
286,976
155,749
15,029,176
6,668.500

135,103
1,353,361
1.986,503
4,922
164.634

7,026,863


130.975
323,:8U
1,037,000
1,786,000
12,000
258,050
7.9:3.500
408,192
255,601
S250,101
1,920,000
273.730
198.883
26,195,120
8,173,300
102,066
1,595,278
2,:40,427
36,621
224,214

6,356,910


60.000


80,000
2,017,029













598,186


4. 4 1 4 4 4 4


29,363,199


46,907,613


49,772.957


51,349,974


2,604,622


A I 1 I 4 4 4


13 .796
7,102125"


a 162.

197,603
561,637
678.132
724,767
291,89,
J Al* ll


130.8335 154,577 116,607
29,728,1195 36,168,254 15,104,628
Ad alo nxld 4i ea H a 97 AAc


101,069


6b45,532
1,055,126
24.4478
697,331
818,750
264.741
276,641
d 49 4821


137,636
22,125,612
9,1 w60


I- S PO44 ..w R-s-_ W *...44ew


3.127,W3
1,641,54g
909,488


4 847,027
1,999,066
1,062,689I


124,178
8,367,955


573,000
346,000
225,000
442,254
635,720
862,300
82,749
204,000
29.66,5:47
94,924
4,233,600
151,830
1,831.000
1.933,000


166,110
8.459.499

150,000
1,217,000
553,300
120.000
602 499
1,433,602
660,:00
215,797
265,700
29,779,001
94,521
3,.63,193
69,095
1,361,000
2,711,800


383,863



S125,000



1,329,397

766.362


60,000


80,000
2,004,982

70,605











598,186


2,095,759


1,329,397

766,362


Tennesse
Western
Yasoo an


I and renville ..................
ast Coast** .....................
R. R. l essee Organiation......
L& lorida*........................
Southern and Florida .............
SShip Island ....................
mobile and Ohio ....................
Central .........................
.le and Nashville .................
ppi Central .....................
.e, Chattanooge a St. Louis .......
ans and Northeastern .............
Southern .........................
L Air Line* .......................
l .................................
,e Central .......................
Sailway of Alabasa ...............
id Mississippi Valler ............


$10,786
2,887,072
1,04,334
69,276
230,577
251,884
1.537,634
8,174,274
133,777
1,921,282
353.631
188,749
S7.909,013
11,048,819
19.0.537
183,241
1.601.485


$50,039
3,692,492
1,438,533

329.384
1,859,998
11,955,856
8,777,375
118,798
2,3199.3
563,444
319.960
15,067,598
10,816,523
222,085
220,187
2.354.638


47,989
1.247,377
n6,322

248,210
1,10o,082
6,177,205
5,618,717
96,309
1.465.431
271.039
38,098
3,592,918
6,418,101
115,464
169,607
666.609


$56,101
2,731,208
1,245,470



8,209,719
6,089,675
80,415
1.845,987
470,333
158,560
10,638,112


207,036
1.394.819


29.,T7oo
2,498,885


391,000

1,194,644
10,721,000
i54o,4oot
15,910,480
64.,808
1,Q28,532
803,000
27.589
7,800,000
17,512,000
125,478
349,818
1.588.000


$37. o0
1.786,375

590,000

2,099.800
6,69,000
19,4:o3:08
53,606
1.935.656
1.398,000
105,707
3,200,000
21,065,000
78,884
401.412
1.237.000


$2,340,000
255.982



2,596,400
35,000


$2,3 0,000
255.982


2.596,100


Western District Total ................. 44.725.067 208,372,165 74.74o,3Tj 125.023o,0 198,512.663 177.872.211 11.388,119 9,501,736

NorthlMston eamon Total .............. 37.195,413 50,642,614 11,189,792 22.171,512 25,575,862 21,653,864 460,920 460,919
Ohicago and North Western** ........ ...... 7,603,447 9444,367 2,751,77 4,421,365 4,245,000 4,580,000 -
Chiago Great western ................... 1,11,848 1.164,172 776,205 814.613 939,200 1,333,000 228,820 228,819
Chicago, Milwraee, St. Paul and Pacifi** 10,139758 18,899829 3,269,985 11,469127 6,633,000 5346.000
Chicago, Saint Paul, Minneapolis and Omaha 1.055.904 1,471.408 254,17 646,024 170,000 -
Duluth, Misabe and Iron Rang ........... d 1.8 4 2. .2 4 2.87.64 -
Duluth. South Shore and Atlantic* ....... 292,297 188,31 a 7.09 10.680 -
Dluth, lanipag and Pacifie ............. 181,586 80,211 38,578 -
Great Northern ......................... 7,085,019 7,82,032 3,274,867 2,920,444 7,090,000 4,750,000 -
Green By and Western .................... 136,165 208,071 125685 208,537 82,500 42,000 125,000 125,000
Lake Superior & Ishpein ................. d 150.933d 256.559 147. d 2.28 107,100 107,100
Minneapolis a St. Louis .................. 628.732 1,299,001 5167 200,640 361,oo oo,000 -
Minneapolis, St. Paul & Sault Ste. Mari*** 3,462,912 1,990.500 201,269 d .19 4 107,000 403,512
Northern Pacific ......................... 6,752,649 9,198,949 2,486,636 72 161 5.793,000 4,723,161
Spokane International ................... 71,952 126,960 32,74' 85,489 21,829 226,191
Spokane, Portland and Seattle ............ 664,591 2,435,561 272972 1,292,66 133,333 150000 -


Central Western Ragion Total ..........

Alton ** e................................
Atohison, Topeka and Santa FPe .........
Ohicago, Burlington & Lquno ............
Chicago, Rook Island and Pacific** .......
Colorado and Southern ...................
Colorado yoing ......................
Deaner and Rio Grande Vest*em** ..........
Denver and Salt ake ....................
Fort Worth and Denver City ..............
Northwestern Pacifio ....................
Southern Pacific ........................
Southern Pacifio Transportation System L/
Toledo, Peoria & Western f ..............
hnion Pacific ...........................
o tah ..................................
Western Pacific** .....................


SoButh~ strmu R
Beauont. Sour


-- altingtonBoc
southern District Total ............... 83,089,629 100,836,870 59,769,419 7,728.95 114,412,2242 123,129,995 15.530,099 15.656.355 International-(
-___- -- ~ --_ t~ ~ K~ansas Oit. Soi
Pocahontas Btion Total ............... 23,255.389 24,166,697 22,169o086 21.016.007 33.217,053 39073.496 10,261.827 10.423.083 ansaws, Okeiho
-- Loudana & Ar
Ohesapeake and Ohio ..................... 1110613 12,455,738 9,199,419 10,408,919 14,094.741 17,202,729 5,743.015 5.895.535 Midland Valley
Norfolk and Western ..................... 8,49812 7,82817 10,038,098 7,466,067 12.510,000 15,450,000 3,737,024 3,740,563 Mieouri and A
Rihond, Fredericksburg and Potomac .... 1,188,410 1,44,0214 1,190,673 1,389,855 4,836,112 4,651,967 5.197 Missouri-Lana
Virginian .............................. 2,461,751 2,412,118 1.740,896 1,751,166 1,776,200 1,768,800 781,7881 ,71,788 Missouri Pacifi
--- --tlns tf


Southern Realon Total .................

Alabama Oreat Southern .................
Atlanta and West Point .................
Atlanta, irminghom and Coast ..........
Atlantic Coast Line ....................
Central of Georgia"* ...................
Charleston & Western Crolina ..........
Cincinnati, New Orleans and Texas Pacific
Clinchfield ............................


* Report of receiver or receivers.
** Report of trustee or trustees.
d Deficit or other reverse item.
S Tonerly shown as International BR. Co. of Maine.


37.600.393


53,712.947


81,195,189


84,056,499


5,268,272


__ __ 4 4. 4 4 4


620,608
136.037
136,214
5,.2,661
389,559
201,939
1,178,693
1.397.792


738,070
174,656
373,2614
6,978,971
S1,684,90o
299.019
1.289,176
1.335.507


1,812,000
384,095
3i.oo5
110,000
14.,500,000
771,940
150,000
3,160,000
232,220


2,060,000
435,995
275,000
17,000,000
. s08631
160,000
3,324,000
231.553


.40,890


5.233,272


40,890


Qklahoma City-A
St. Louis, Bro
St. Louis-San
St. Louis, San
St. Louis Souti
San Antonio, U~
Texas and New (
Texas and Paci
Texas Meican


,taon Total .............

Lake A Western** .........
k Island ................
Great Northern* .........
ithbrn .....................
Ma & GOulf .................
akansal ...................
s .....s ......................
rkansas ..................*
i-Texas ..................
ic .......................
am & Mexico** ...........
Lda-Atokl ..................
amsille and Muexio** ......
Franeisto** ...............
franoisco and Texas ... ...
westernn* e.............. ..
orleans ....................
r e.......................
ie ..........................


69,561,2461 107,017,62 13.402,335 71,690.139 119,007,411 107,942.931 10,852,199


1,534,436
161667,463
8,952.337
9,387,395
1,044,058
147,697
4,511,551
303.282
931,882
110.960
12,766.374
18,640,770
838,787
10,920,047
49,686
1,895.291


1,969,220
20,143,390
15,624.083
15.563,612
1,016,711
93,166
5,4R69.693
373.465
1,095,:
197,323
23,678,403
33,330,565
765,266
14,213,591
63.320
2,750,955


925.183
13,414,o4o
6,08os.9741
5,146,024
883,967
121,029
964,435
120,56%
771.35

3.152.252
12,877,236
824,386
10,219,801
21,719
767,618


1,379,336
16,800.7914
12,863,218
11,517,246
950,434
65,982
3,583,994
259,868
666.317

3.357,071
25,411,706
750,008
18,048.850
33.819
1.663.194


701,733
40,211,170
16,721,500
8,750,000
462,682

1,153,600

580.976
20,303,25
30:565,249
27,000.000
14,500
3,108,000


1,497,049
41.160,000
11,20,2713
5.000,000
321,740
128.500
2,350,000

712,109

18,7418.520
28,092.49
25,500,000
22,300
1,300,000


3,640.590







1,886,382
1,886.382
5,325.227


1 I 4 1 7 r r


37,968.4os8


743,117
180,796
1,1Z f
1,892. ;4
313.459
685.759
85,061
53,130
2,819,301
11,163,826
1,258,677
103,679
961,276
5,155,686
161.836
3,040,439
d 215.921
5,874,396
2,251:758
242,352


50,711,909 20.148,246 31,161,405


701,589

37 ,247
1,18 ,668
242,930
376,732
15,679
50,677
1,655,697
5.197,735
380,583
88,168
725,688
1,267,684
124,402
2,148,817

4,453.91T
1,269,067
191,8911


331,217

712,199
1,800,630

470',411
82, 48
74.713
1,648,386
9,034.817

937.375
3,526,816
323,831
1.736,495

8,291,983
1936.993
202.5419


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


53.929.390


1,832,861

1.155,542
2,375,000
2411,697
1,320,00
15,69
39.541
1,928,000
14,oo00,000
1,316,635
88,168
1,893,603
3.38.ooo
357,000
5,946,296
10,261,998
7,369,000
60,0000


.1 .4 __ I I 4.....,..-- L i. i... ...........,......


48,275,416


620,000

1,806,000
2.450,000
239,762
1,383.50o
67.457
46,087
1,522,000
12,580,000
1,077,000
68,546
e,015,000
2.526,000
238,000
6,904,000

9.343,9291
5,316,435
71,.00


J Includes Atchison, Topeka & Santa Pe Iy., Gulf, Colorado & Santa 7e Sy., and Panhandle & Santa FP S.
/ Data not included in totals. Includes Southern Pacific Company Texas and New Orleans R. R. Co., and leased lines.
L/ Operated by Federal Manager.


75,000


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


8,965,817


3.640,590









5,325,227


75,000


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


Page 2


49,959,822


68,372,002


223,376
216,698
3.256,553
2,685.584
7,709
258,568
5,705,638
1,842,106
106,908
415,348
3,23 758
20,.551
226,746
20.453.991
3,764,258
ys Ra


332.,614
1,519,770
1,688,04
105,7

d 14.372
3,130,807


59,852,531


287.,633
174,829
2,778,352
4,184,01
15,954
371,038
6,808,027
2,564,008
127,043
450,812
4. 641.478
583,925
250,912
30.755,720
4,616,229
H C9 C^Tf\


2,545,973
2,291,513
88,235
591,110
62,41
3,8.95,66


78,038,530


278.275
14,999,101
257,84
1,3o:,363
1:256'471'
308,262
1,023,048
48s,714
954,407
476,306
172.579


2,1140,802
1,633,896
351,610
1,174,608
996,185
o00,149
459.19
"" ^'


5,os9,o05
422,800
2,621,379
1,018,763


7,15.,155
287,086
2,988,758
1,190,556


59,834,240


76,670,173


709.033
124,828
119.788
5,958,779
1,761,356
293.356
1,724T486
2.126.791


874.805
167,226
365.992
7,611,397
3,208,457
391.361
1,854,122
2.060.451


-1


-"r-


-r


-t--


-r


-r


-r


a .
I p
j
@ ,


i A


61A


,.&


I -


I


I i i i ii -


I


-I


I


- K - 1 -


la 457.28919 s?? a 949,671


. . . .. .


3j CL 113,90 Id 341.9"11


-L


Sid 631.360


'l


I 1


SI


,


I


a


I


.


I I I


I


132.489.44 $30.431.423


368,5867
23,.i71.47


a


io












Subject to revision


i Uis. ODF FL L





U.S. DEPOSiTOfY


UNIVERSITY OF FLORIDA

l U illll ll ll lll 1 111111111111 ll1 1111111111I
3 1262 08851 1927


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-12S
MAY 1944


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

Compiled from 131 reports (Form IBS) representing 135 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)
All, C-lass I Railways Class I Railways Not in
All Class I Railway Receivership or Trusteeship#
Income Items For the month of y For the five months of For the month of May For the five months of

1944 1943 19 1943 1944 1943 194 1943


Net railway operating income................................
Other income--------------------------
Total income.........----------...........--------------
Miscellaneous deductions from income. --..............
Income available for fixed charges-..........
Fixed charges:
6-01. Rent for leased roads and equipment........
6-02. Interest deductions i/...............------------
6-03. Other deductions-...---- ...-------- --------
6-04. Total fixed charges.......-----..........
Income after fixed charges.........-................
Contingent charges-....--- .......-----------------
Net income2g/------------------------- ----
Depreciation (Way and structures and Equipment)..
Amortization of defense proJect....--.-- -------..
Federal income taxes.......................... .... ..
Dividend appropriations:
13-01. On common stock---...........- ..........----
13-02. On preferred stock........----..............----------
Ratio of income to fixed ohargesV/ (Item 5--6-04).....


$98,505,219
14,088,302
112,593,521
3,112,335
109,481,186
13,516,011
34,468,742
120,397
4,105,150
61,371 036
2,356,113
59,019,923
26,756,242
15,426,749
116,303,847

38,562,120
6:,46,241
2.28


$129,478,118
13,429,417
142,907,535
2,377,348
140,530,187
14,460,282
36,076,Z89
125,623
50,662.694
89,867,:93
2,387,898
87:,79,595
26,350,794
11,004,945
117,267,651

35,822,548.
7,067,733
2.77


521,579,683
15,8?5,876
50 6,13,8o7
63,484,579
172,032,725
6L,622
236,190,926
269,962,881
11, 835,349
258,127,532
132,587,946
73,768,002
524,948,750

64,355,366
S13,282,398
2.14


$6o ,213,129
64,179,849
667,392,978
11,906,824
655,486,154
73,724,551
181,217,280
625,248
255,567,079
39,919,075
11,899,716
388,019,359
132,025,833
51,670,565
538,253,789


592675 61
2.56


___________________________ .1 + I_ I


Selected Asset and Liability Items


20. Investments in stocks, bonds, etc., other than those
of affiliated companies (Total, Account 707)...


Cash--...................................-----------------------------------------
Temporary cash investments----.............-------- ------.........
Special deposits..............................------------- -----------------
Loans and bills receivable.............................. -.....
Traffic and car-service balances-Dr..................
Net balance receivable from agents and conductors.
Miscellaneous accounts receivable..--....-.......... .....
Materials and supplies----- --------..... ..........--- ---
Interest and dividends receivable ---.....-..........
Rents receivables a.............e .... ....-- .- .. ....... ---.-----
Other current assets..---..............--- --....... ...--- ----
Total current assets (items 21 to 31) .................


Funded debt maturing within 6 months 4/.. ............
Loans and bills payable 5 -.:-------.........................------
Traffic and car-service balanes-Cr. .............
Audited accounts and wages payable.......----..........--
Miscellaneous accounts payable ......-..... ........ ..
Interest matured unpaid........-- ........ -------
Dividends matured unpaid....... ......................
Unmatured interest accrued---......... ....................
Unmatured dividends declared....---.................
Unmatured rents accrued---------....
Accrued tax liability.................. ------
Other current liabilities- ..........- .....-.........----
Total current liabilities (items 41 to 51)-.......


53 Analysis of accrued tax liability:
53-01. U. S. Government taxes--.............-.....
53-02. Other than U. S. Government taxes..........-.........


32.


i9.


All Class I Railways


Class I Railways Not in
Receivership or Trusteeship#


Balance at end of May Balanoe at end of May


1944


1943


SI T -


9=1 40A, 4


1944


*r4ii ate nl4e


gm ,i n 11 Ink


86$ 6,702.448 I $553.6 9


1,146,515,025'
1,0,9q 3,1,29
215,'95
)3,425,9
1 9,6,585
652,926,39
582,281,657
29,315,617


I Li 1o 7 c55


17Po -(( nrt


6,5 38,386
209,25 ,981
490,62,5 25
119,124,9
42,967,114
,89,602
,1.631
31:924 41
1,899,0 5,086
a7.043.150


1,007,671,697
1,311, 75,93

S287,744
?,145,517
164,512,455
572,909,054
519,002,588
23,422,439
45.281.70


S.714L .43 476


900,792,38P8
I,35?66,804
187,952
31,238,925
121,850,661
500,847,486
64 ,371,361
25,184,185
7.7


774,993,137
1,016,877,342
150, 9,749
33,580:,22
132,838,395
450,020,85
22,1?5,go


. 73.739. ..,--.--,-,,., .


1,113,929
14:774,:44
417, ,933
106 13 844
45,478,545
6,8 1,920
73,75,582
O,698
1,3522;71,542
56.088.416
2 nk 04641 7n9


lql 6 215I


1,900,000
157511,617
394,#9,079
83,965,Z74
S ,971,2i
7,047,530
64513,:
28,827,878
1,609,2 2,519
50.654,633


172, 7,021 1 ...9 i7ss an-alr ) )), ,


71 .4ll 1iF


1,600,000
100,438,129
336 549,867
82,3%963
3Z,619,.3
6,48 ,756
69,276,271

1,1t6,107,811
42,812,184

1.o946.662197


7,w,,.ww,-,, ,w, ..,, ..
z.,, ,


1,753,287,387 1,219,605,237
145'787'699 132,666,305


1.,495,671,086
113.531,433


1,090,031,585
106,076,228


___ ___ ___ ___ ___ ___ ___ ___ ___ __ ___ ___ ___ ___ .


3.-034.14.l714


075, 158,75I
12,714,996
87,873,753
2,286,614
85,587,139
12,359,788
22,761,173
93,178
35,214,139
50,373,000
1,582,3g89
48,790,611
21,622,722
13,172,403
99,359,324

38,562,120
6,646,241
2.43


$96,978,611
12,241,544
109,226,145
2,185,805
107,040,340
13,210,271
24,340272
37 648,611
69 391,729
1,625,925
67,765,805
21,373,371
9,638,612
103,838,964


35 2,584
7:067,733
2.80


$343,253,072
6J,087,906
40o6,34,978
11,767,639
394,573,339
58,526,393
113,801,602
524,732
172,852,727
221,720,612
7,975,082
213,745,530
107,483,642
63,284,977
438,942,500

64,355,366
13,282,398
2.28


$447,729,130





122,628,667
485,589
30;,296878
8,089,847
296 207,031
106,901,381
45,951,917
465,104,437



2.59


ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS /


Period


Railways Reporting a
Net Income


Number of Amount
resorts


Railways Reporting a
Net Deficit


Amount


- I;. -


Number orf
reports


May .........1944 112 $59,773,060 16753,137
May.........19!t3 108 89,227,956 20 1,7,361
5 monthc....19g 113 263,183,782 15 5,056250
5 months.... 1943 108 393,795,270 20 5,775,911


JPMAM JJASONODJFMAMJJASOND JFMAMJ ASOND
191Z 1943 1944
r.


J/Represents accruals, including the amount in default.
aj .1 I u--- Tesm---- a 4U-a-.+ 4-- ne.0moose we


2/For


all Class I Steam Railways the net income was as follows:
Period 1944 1943 Deveake.
3 months endedMay ......... "166,765,774 263,163,00 $96,9126
6 months endedMay ........ 293,238,190 68,071,810 l, 20
12 months endedM ay ........ 7 096.323 1,080,038.717 35.2,.94


The net income shown is after deduction of the following amounts taken out of operating revenues
to create reserves for land grant deductions in dispute: May 1944, $4,333,895; 5 months
ended with May 1944, $20,348,758.


3/For railways in receivership and trusteeship the ratio was as follows:
May 1144, 1.85; May 1943, 2.571 5 months 1944, 1.76} 5 months 1943, 2.50. "
4/Includes payments of principal of long-term ebt (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 roads whose net income (or deficit) was absorbed by
the controlling company.
# Figures include returns of the Minneapolis and St. Louis which emerged from
receivership on December 1, 1943, and the Akron, Canton & Youngstown which emerged
from trusteeship on February 1, 1944.


.......... MF I ...... 1


-1


ILL


-f.


De .- -- ,-. ---------


A.94 7AO lLhO I


71


li


I









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, 1944 AND 1943


Pae 2


MIT RAILWAY OPnRAINwG Na ICOE F IRaL INCOI MEDIVID END RAILWAY OPERLTInG S INCOM FEDERAL INCOME DIVIDEND
INOW TAXES APpsoPlrre lON n INCOME TAXES APPROPRIATIONS
Region and railway A- A region and raillwa
1944 1943 1944 1943 1944 19439 943 19444 1943 1944 1943 1944 1943 1944 1943

United Stans Total ................... $451,582,442 1603.213.129 158.127.532 $3,019.359 $524.948,750 $538,253.789 $77.b37,764 $73.121,703 Southern Blegon Oontinued
lastern Distriot Total ................ 160.871.060 213,165,789 84,712.880 133.733,032 128,272.730 156.221.802 25,885.014 25.921.034 Columbus and Greenville .................. 48.717 $ 4711 $57,249 $51,817 $35,700 $7,0oo
Florida Seat Coast' ................... 3,426,170 4 14417,472 3,567,495 3,00885 213.575
ew E3nland Region Total .............. 16,838.952 23.068,701 .938.974 114.137.30 7.066,258 10,53M,065 247,049 259,500 Georsgi R. 1. Lessee OrVgniation ...... 13:4,968 1. 70,96 1.108.lo 55 13,1544415 -
oGeorgia & Florida ........................ 68,772 91.133 2, 111 d 2 .
Bangor and Aroostook .................... 802.289 1.033.464 575.256 779.931 8s74,559 55 .570 191.400 191 400 Georgia Southern and Florida .............. 293775 437.555 1 511 000 752.000
Boton and Maine ........................ 3,507,604 5.47974 1,920,139 3,380,999 1,419.000 2,4000 00 Gulf and Ship island .................... 221,573 d 101 2 216.935 d 14812
Cenean tonal Line in Neyw d .. d 1 5 N 731,956 G. M If,.Mobile and Ohio .................... 1.919.009 .9 9-3 1,377:.36 1 1,.h49.644 2.468.oo -
Canadian Pacifo Lines in Main a .....---- Illinois Central....................... 11,908.1914 14,667,42 5, 100,8 10,039,133 13.986o000 .80,000
Canadian PactfioLines InVeron........ 8 60.800 -0 Loutirville and Nashrille ............... 10,308,293 10,989,234 7,091,631 7,637,108 20,15,100 24,141,4oo 2,34o0.000 o230.000
OadaCentra lo lns Vermon................ ..........d 1.660 ",6 .2...............
Maine Central. .............................. 4.:5149 l.351;237 3 6o.919 58,100 -5 Ia. 6 O l inpp Central ....................... 171,275 1)40,45 12.1462 92.684 82,741 61.15
597l0 69.2" 5569.6, N9a hvi lle. Chattanooga & St. Louis ........2.132,931 2.699.304 1.561.671 2,095.995 1, L819.21 2.605,11 4 255.982 255, 952
ew York Connecting ..................... 64.019 556795 233,820 208,262 60,000 150,000 Iew Orleans and Northeastern ............. 452, 51 665347 3148.123 59.03 1 007,000 1.783,000 -
New York, New Haven and Hartford** ..... 10,379,063 1 067.603 6,9i2,71 9,883.65 4.060 529 6.604,165 Norfolk Southern ...................... 228.152 1.038 148151 205.533 3 4,68 137,022
Rutland ................................. 19.j79 82.02 d 162.o0 2.,114Se a- seaboard Air Line'* ................... .. 9,836,0o0 1g,518,067 4,437 919 12.977.610 9,500,000 4,200,000
Southern ................................. 13.9M.0 g5 14,400.324 .275.603 9.712.539 22.O02.000 26.605.000 2,596.,400 2.996,400
_rba.t rk.es leion Total .............. 63.277.822 85,695,295 .33,029.669 4,.051,.410 5,66152 78,754.819 9.415.933 9.594.502 Teneoo OCntral ........................ .210,453 28611 2 115,.15,63 ,12 25 0 91.01, 2 5 00640
Western Railway of Alaba ma.............. 26.025 275.462 219,250 259 5 443,1142 504.739 -


Detroit and Toledo Shore Line ........... 311.926 429,515 9 2b27.97b 346.018 290,376 160,000 250,000 *o ot**a 51.303.78 69.435.705 1._. __93 33.902.032 33.207.;29 2g.723.410 2.959.,19 2.959.,81
arie .................................... 7.133,.45 910.434 3,43.,766 5,196.6w 7.410.538 10.159,833 3.244.925 3.232,889 Chicago and North Western"* ............ 9,809,1 7 12 291,397 3,428,828 6,005,695 5. O 6 -
hrig and Hn d9son ver.................. 3 5,0 3o '00' 262 .0,95 5.3.ooo 6 0
rad Trunk veofrn ..................... 2.238,053 3.003.20 4 ,224 1.211.035 315,000 658.192 Chicagorea western ....... .......... 1S6o02. ,462.333 981s0061.025,656 1 ro 6 ?6oo?02. 82 2. .5.
Lehigh and Hudson river ................. 130.8 151.7 14o0,75 160,710 271.580 291.28 70.605 Chicago. Milwaukee, St. Paul and Pacie 12.699825 23.983.93 4.189.355 14.851138 7.,37. 00 .73 0 20 -
L.hgh and lw ngland .................. 537.59 9 .597 24,5 465,46 282.23 060 Chicgo, it Paul. Minnea li and Omaha 1,282,884 1,91,78 280,879 ,
Lehigh Valley ....................... ..... 4.152,526 5,516607 1,317.965 2,602, 459 2,6000 2,0 ,000 Duluth, Miseabe and Iron ane ........... 1.084,408 32,297 719,426 509.462 36,912
ononahela ............................ 485,170 698.362 277,83 190,s1 14.54 342,163 Duluth. South Shore and Atlantio.. ....... 317.354 299,6)6 d 6
Montour ............................ 304239 325.526 296.007 31.113 210,730 260,77- D th nn and i ........... ...11
325o526 311,113 2,730 D th, Wnnipe and Pa ic 2.......... 2.11 89,727 -5.
New York Central /...........26,32167 38.513,932 114906.858 26,675,773 22,380.595 36.099,320 3.223,697 3,223,697 Great Northern ........................... 49,25g 9,717,725 4.438,2644 9,605,000 7,650,000 2,495,899 2,498,899
New York, Chicago and St. Louis ......... .4.69 52 5.714,95 2.961,.951 3.886,27 8,299,500 10,114.900 Green Bay and Western ..................... 124,47 272.924 90 5 26 86 106.053 52.5o00 125.000 125.00
New York, Ontario and Western"* ......... d 20.101 d 4 0 d 1 4 5 ---- Lake Superior A& Ishpeaving ................ 2 2 6d 64 6 0 10 1725.10
STork, usquehanna and Western" ..... 2142,778 144680 Minneapolis & St. Louis.................. 72 476 1.55 75 636.233 642000 100,000 -
Pore Marntte ............................ 1918.17 3,009.0 1.052,983 2.015,712 1,740.017 2.007. 873 -- Minneapolis, St. Paul & adult te. Mare" 4.5'3.15 2.703,955 21 81 41j o 10000 .140
Pittsburgh and Lake ri ............. 2.110.0 2.93.762 1.534183 1,89 .216 2,516.311 3.363023 2,159,125 2.159,125 northern Pacifi ......................... .6 1 1,666 7 ? 3,27 51 00 67.3
C. ............... 1,289.905 15orthern Porl ....................r..... Ct101 *1. 0 '.277.151 7.639.1OO 6.03:.25
Pittsburg and Shanunt ................... 122,517 110.531 d 10.896 6,341 pokane International ................... 103,217 151,890 54.022 99618 53532 25 3
Pittsburgh & West Vir gnia ......... .... 696.969- 782.399 .-28 20,921 315,205 Spokane ortland and battle ............ 1,079.079 3,01.340 70.260 1.610.219 133.333 300000
Pittsburg. Shawaut and Northern* ........ 71.657 .1 1;.0d7 8138 ..........
Wabash ................................ 4.923.)b .1345,038 8,.502,323 7.96,279 59.186 59 6 CentralWestern Region Total ........... 8a,430,135 133.112.3149 55.640,4419 90,106,825 152,326.454 1 42,603,O414 20.120,456 15.140,502
central astern region Total .......... .. 0,754,286 101,401,.793 12.714.237 65,5144,242 62,53.290 66,928,891 16 2.3.192.2 16.067.032 Alton ................................i.. 1,981 6 2.187,724 1.228,442 1.451,154 9251643 2.191.639
Itohison,. Topeka and Santa re nI ........ 0.231,444 25.6 2,96 16,26,6144 21.519,12 449,913,170 53254,000 6,744,910 6,744.910
Akron, Canton & Youngstovn .............. 355.571 170,530 21s.383 124,125 164,472 211.910 Chicgo, rlington & quinc ............ 11.040.366 20.7714,092 7 4082 17350.723 20 103.700 11 702,713 -
Baltimor and Ohio ..................... 19. 60,5114 9,570.122 95,51 18717.2 10,.5 1,0 Chlo, ook Island and Pacific ....... 1.6.285 19020657 6.2390 13774.72 10 750.000 6600.000 -

Chicago & Illinois Midland .............. 397.115 121.073 259.183 286.660 530.500 610.600 Denver and Salt Lake......... 366.3 88s 46,62 13 819 323.453 -
Chicago, Indianapolis and Louiville** .. 1,29,905 1.42 966 710.062 25,805 350.000 150,000 F north o and Denver Cit ............... .111.025 1.3797 185,66 19,71 6.76 66,113 -
Detroit, Toledo and Ironton ............. 1,002.921 1.152.178 790.777 931.293 51, 10 696,347 Northwestern Paciflo ....................172.20 1.12 41 8 -
elgin. Joliet and ate.rn ................ 1.213.76 596.505 926.286 300,53 8140,030 1.1).4,132 Southern Pacific......................... 15929.157 27.,97. 135 21.937 4 ,o. 1;42 28.512 528 4.715,954 -
Illinois Terinal ...... ................. 53,29 6149 344.361 1.014,00 791.700 125.000 SouthernsPacifio Transportation te 2.3731666 4 791 16.495. 1 30,752,619 41,51.001 39.12,061 4,715.954
Lohn Island ....................... ..... 67.650 7 ,.3162 1 0 1031 1,4.2 ,0 315,11) Toledo, PeoriaKe &Westrnl** 1......... 1.0 45.162 1.OO,50 1.05,162 980,550 -,00
Rissouri-nllianolio ................ .... .14,750 1.221 1 17 ,02 31. 31 000 Union Pacific.................713 22,13 491 13652125 2.994,256 34,54, .,65959200659,592
Pennsylvaia ............................. 41,500.636 501,49,38 1 .2.850 1.93 3 9 121,0 6 23910 1,41 61 1 167 1 Utah ...4 .......... .................. .... 57.68 76.243 22,802 39, 17 145 00 2749.00 ,O
Pnolvana esading Seashore ............. 4 20 9 1j 1 3esen,00 123,140 s Pao iio ........................2,511,84 3,793.6, 1.095391 2,430,85 1,22.000 1,813,600
Reading ...............................7.22 3.9 5,491900 4.152.193 1.749.053 1.749, ................053..
Stten Island Rapid Transit............. 531 10 361191,830 78,755 Southwestern Region'Total.............. 4707.102 61,576,554 24,719,73 37.193,997 67,.98,029 56834,161 283,294 16,34
Western "Martand...................... 3,13023 3,55,542 1 909,61 2.303.928 2,367,000 1,585,000 ...........
Wheeling and Lake Erioe ................. 1,316,767 ,527.366 1 10,679 1,364,660 2.450,000 3,456,000 766362 766.32 Baumont, our Lake & atern........... 6T.506.577 15,43 4 2,176780.000
7 5 lington-Roc Ioland .................... 199 130 13 284,439d 3
Southern District Total .............. 103,904,397 125.922.732 74.606.002 93,083,4T3 1143.1-54,10 153.171.012 21.39.181 215.667.965 International-Gret Nortr ......1.4114.629 1,910.552 1.256,52 2.1054.500 -50
Pocahontam Region Total ................. 29,094,404 o4 .oT0.36 27.732.32 26,135 ,878 411.216. 18.663.102 20,302.37 20.616.621 ans. Oklahon o alf .................. 0.. 2 2 397,916 2125 40 1o.95 226.1273205,933
Louian ana..................... 03 999.535 .20 596.399 1,674, 400 1,759.50o0 75,000 75.000
Chesapeake aand Ohio ........;............ 13.847.807 15.1487,357 11.453.2184 12.926.969 17,315.191 21,1479 935 11,1486,031 .1'g079 Midland valley ........................... 102,303 221.279 10.949 70,375 10.949 57,580 -
Norfolk and Western ..................... 10,72M.220 9,765.135 12.65,.635 9.32714516 15 890,000 19.025.000 7.253,231 7,256.770 Misouri and Arkansas ........... ......... 715 55,741 86,380 56,791 63,217 33.007
Richmond, Fredericksburg and Potomac .... 1.152,.19 1.7142.640 1h455.459 1.7214,191 5,16.112 5,991,967 5.197 Miouri-Kansas-Texu .................. .... .280.1461 2.512,025 1,3,.760 720.095 2.903,000 1.522.000
Virginian ............................. 3.070,225 3,072,228 2.164,951 2.157.229 2.165.53 2.166.200 1.563,575 1,563.575 Miesouri.Paoifio ........................ 13,744,350 18.06,603 6.2143124 10.513,9443 17,660o,o0 15.1)55,000
Now Orleans, Texas .Meico ......... 1,522.45 726.276 423. 571 d 1,47,635 1.377,000
Southern Region Total.................a 74.809,993 95,552.372 46.873.674 66.947,595 101.937,222 105.207.910 8.06,3414 ,051.34 Oklahoma City-Ada-Atoka .......... ....... 147.566 10?,374 115:.599 914 114,170 79.630
St. Louis. Brownsville and Mexioo* 1...... 1.23,698 1.467,022 952.0 119.31 2.558,603 2,1429.,000-
abama Oreat outhern ............. 885,052 1 O93.508 775.24 921.072 2.200,000 2,6714,000 1,008o,932 1.00.932 St. Lo -San Franolso* ................s 365,s 8.930378 1.515 55 879- 40 ,51O 2799.000
Atlanta n Vt Pint ................. 161.370 206.19 113.323 2159 55,6 53.57 St. Louis, Sn Franciso and Texas....... 195726 433,224 4,17 35,573 464,oo 277,000-
Atlanta,. B)irmingha m and Coast ........... 150.7T6 4377.T9 165,041 1447.128 160,000 345.000 St. Louis San outhwetron". .5.7.2. ....,7 5 6..961...00
Atlantl Coast Line0............ .... ...,0 6 9.223,170 6,1494,.0 8.1143.637 17.750.000 20,500,000 4,918 14,918 San Antonio, alde & ulfs 3.............. .057 52872 277.279 3715835 77759 6.961200301 -
Centralof................. 4 7n 3.r .72 6Ol647..............431 31.35 12713,6 11.369.53
Central of Gergia.......................2,14114.1447 3.9014,76..726. I-597 1,97 999 851,176 1,060,789 Texas and New Orleans..................... 12,1S.i 12,713,659 13.369.5
Charleston & Weotern Carolina ............ 33.585 794114 269,364.127 190,000 9,000Tx and Pacific.......................2.85 3754 4 1621945 2,396357 9,158,000 6476435 -.0
Cincinnati, New Orleans and Texas Pacific 2,137,015 2.402.366 11457,311 1695.362 3.73,000 14,05.000 1,145,112 1.45,112 Texas Mexican ........................... .34.1380 .239,424 210,573 169.692 .80,000 76.468-
Olinehfiold ............................ 2,725.836 2,1499,938 1 812.315 1.589.339 290.276 289.441.-O


* Report of receiver or receivers.
** BRport of trustee or trustees.
d Defliit or other reverse item.
Formerly shown a International By. Co. of Maine.
SIneludes Boston & Albany. lessor to Now Tork Central 1.X.


/ Includes Atohison, Topeka & Santa e By .. Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fa sy.
* Data not included in totals. Include Southern Paciio Cospany, Texas and Sew Orleans R. 2. Co., and leased lines.
fOperated by Federal Manager.


U.S.GOVERNMENTP 0


TlNrnFFIrF IQAA -Ra-A







Subjet to mido


fi? IST. Z< A4 .


UNIVERSITY OF FLORIDA

I l11111111 1 1111 2 Ili i 1111 1111111111111111111
3 1262 08851 2073


Stateommt No. uM-I
JUNE 1944


SELECTED INCOME AND BALANCE-SHEETITEM O FLMLASS I STEAM RAILWAYS IN THE UNITED STATES

Compiled frpn 1231 repor(For(Form IS) eprentn 135 srtem railway
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Cl I J Class.I Railways Not in
.All Cla.ss Ia s "WW Receivership or Trusteeship#
.- Inoome Items .o the month of June :' K"ii~.tfi' month of r or the month of June or the six months of
2 __194t4 ..,.S*1_.9 ....._.. _ai__iL: ,J ... 1943 1943 .-. 1944 1913 1944 1943.
1. Net railway operating income....-..---..---........ .........---- -........... ,8 l .01 10,' 712,176,16 1037 71 23
O. other income--o.. ::-- .. . .', ;-:;:; --g- 79 : S-------6 1 1 8:
3. Total, inome --------------------u 9-------- 7 118,623 .1
4. Miscellaneous deductions from .income- ......... .--- ---- -- 1-, -- -----' M -AMA 49
Income available for fixed charges -----------6-- --o-6-----2:60398"';3... 7 3.,2,.. 9,3 0 o 96
6. Fixed charges:
6-01. Rent for leased roads and equipment----------- 13,198 15, 7663,33 7 1352 82,6
6-02. Interest deductions/--------.......----...---...------........- 5,20600 0 02,901 259 7 155
7. 6-03. Other fideductionshar g es....--------------.--------- 6e. f 27 T6 I 6 O 8 Sri:,S6 39 1
6-04. Total fixed charges-------- ------............................. ...39,8
8. Contingent charges ............ .... ....... .. 9,
8. Continoentoarge- ---------------------------------------------------261:31;:0201.93396 521:0 1,7,062 967,8
9. Net income 6/--..-....-..1-----.----...,1337fO2 7,0, e5 32 .0 5,565,52,7 7 56,5 9 273,3 358,938.00
10. Depreciation (Way and structures and Equipment).. 26,853,929 26.4112 11, 4 1,4,0 22, 38 22, 931 63 21 13
1 Amortiatlion of defense projects. 1 912........... -2. .. 1.' 9 6* 91.5 1 3o. 1 12 0 S ,'5 92
12. Federal income taxes-........................
13. Dividend appropriations:-
13o0. On oomon s o took..---.......... .. .. 7O.3759 6,4;:. 91 66.o:,4a 1,0a3,1 59 6.729 3 7.1839.125 6.41o:4 .,
13-02. On preferred stock ...... ....... --- .. 705705517 1915
Ratio of income to fixed charges / (Item 5+6-04).... 2.32 2.43 2.21 2.514 2.46 '2.46 2.34 2.55

All Class I Railways Class I Railways Not in
Receivership or Trusteeshi #
Selected Asset and Liability Items Balance at en of June alano at nd of JuneYSIS OF NT ICO -ALL CLASS I IYS
__1944 19431 1944 1943
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).. -...-. 9-1.30959 56.367.'008 566,34,32 5,08g,408 lmber o Number of -ount
+MbBer of "Amount Number*o Amount
21. Cash :... .............:............... ....... .................:.. ..9... 9 6 6. 11 39*2 ports
2 Specialde s 1' 1 ': l ^ Je.e *....194* 110 062,28 90 18 I952,738
T2 Toasoranb c cash sreeit s i t....... .......................... ...
2 fiet balance reei-vabl t agent and conductors, 6 onth ....1 111 17 5,779
27. Miscellaneous accounts receivable..................
. Mat r po an d si l............. ........ ..... .................. .... ... .. 5 0 _12

29. Interest and dividends receivable---....-



40. Funded debt maturing within 6 months~/ .............-... 03 004 157737 a85,670,647 138,8,85
41. Loans and bills payable g....................... 6,18,3 ,,0 1,6,0 20
42. Traffic and car-service balances-Cr. 210,3,681 488,4,817 110,144,6
43. Audited accounts and wages payable 488 28 30, 100
4 Miscellaneous accounts p .able. .......
. Interest matured unpaid..-......... .... .....77 6,
Dividends matured unpaide.--- -.8.......Z--------. 801
Oh. featured interest sooied........... .-..... ,, ,5 52 7ILLION, O DOLL
11. Unmatured dividends declared ...... o
. Unmatured rents a sorue(.........i ..o ............... .i t,581 X5.374, ,,- 1 1 M138 0841I6I .
O1. Loans and bills payab e 6 ,00 1 120




Accrued tax liability..... ................... .... .. ..... ,7 1, 6 140
InOther current liabilities........ ........... 2 739
q4. Total current liabi it.es (item4m to t). 2 9.2..9"65A7 2.6.4i.- 2--,'69 1,93175l...2,724 o
An 0R
S Una tu .renso ac ed .......-... I-- l...............IJ...O Dl.... .O


'53 01. i s. eneilin taies 7 .... .-............... a. .... ... 1 "
532-02 S Other taU. SAov1m4m11 t taxe-.... ......4hi....j P,1,92 @ 1 1 5, --


Represents coruals, includiia the amount t4 default. .' '
For all Clas .I SteamRailways the net ncome wqa as follows: .


Perids 10411 1543 | gw e .'


3 months ended :hso .......
6 months ended Jile .......
12 months ended Jane ......


I I Z0 U a Ri l
r 400 gs
Val 0


I I~--- I-II--- ----


,,e et laee she-u al.tW ar C.,o 4 r,, agt. I lte teame a i-
Meweto o reform 2ij oduestlnSe Ia dispute; Ims l ,0673
6 oathe eideA lth tp LSw 94, ^4,)0~~ 06639


S /For railways in receivership and jrusteeship the ratio was as folldw:
nolute~s parents 91 pr Iopal of lon-term det (other than lo-tr debt in
default) which will become due within six months after close of month of report.
/Inoludes obligations which mature not more than 2 years after date of issue.
S /Excludes reports of 3 roads whoe not inohel (or defiiot) was Absorbed by
the controlling company.
'.... YIigrsc Inti returns' of et -tATfwI g late rwhick rtrom
reeivership or trusteeship on the dates show: Akpp Cantmon o T ounem
ebeur 119; issouo Ioh W s, June 1,1944 UMa poi& t. Louis,
December 1, 1943; xiUouri Illnois, June 1, 1944.


. I


INTERSTATE COMMERCE COMMISSION
BURwBAI) OF TRANuORT N00MIC AND STATISTICS


+







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT EONOMICS AND STATISTICS

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

FOR SIX MONTHS ED WITiH JUNK, 144 AND 143


Pg 3a


m Uvu omt S Iaoo rMnma. muoa0 BITItMIW m uIAILW caMnuAs -e neos tt 1 ouiimia
thOmSt *saPso8r MOnnnwnS ar anhui-N
eglion and rallva a gles a r iluwoa
4'94 193 19 '14 9131U 1.. -13 19-4. 1 3 191 -s 193 19w 1943 19%U 1943 is l "

ta s te. t ................... s5 .14*.l 1 l7.l7y1.1 322 5. s.533.100 5.H,S u1 a6a.39ql 53 t06.91.235i 6.147.040 sl.b.bO O so. mo as'Mn aon .- Oontail
M.a .nar DItri. t ................ 201.51.3 2S1.50..m37 o6.o09'.995 1g.w,y io.5 go., W974.9. 7 72.39.005 37.5; O.nl s ,a bem in .................. ., (31.0.3 *63.712 I ts ..70oo 0.0oo., -
-n--- '-------- s -- t..* ....,........... ..... 3.,..2& 5.61.331 1.529.,ss .24.6 353ui.75 0 2.0.5
Irw MLmal sase totl .............. 30.1A3.2 27,762.599 11..s7.9h 17.3,9 .5 .99,9. M0 12.611.30Jk 2117.014 9 5P..900Go Le. M se Oranatt ....... 1.51 7.14 2.137.23 1.9.66 1. ,0
11gii A n o~.* .............. ............ 7 1 1 I. r A. 2
eemr l.a A5toek ................ .... 33.50 1.067.9 5. 0 ,b 912.609 95.00 1911.400 191. o M o ,l Seat e r aLd nort ...... ....... ..2 .. 9. 00 .6000 5
otml Ma m .......................... .793. 6. .00 r h .l .......... 1..63.000 2,970...00 a ?t d mbip l0 ..................... M1, i.5 54 1 -
rl N toat lia s low T .2 a 901.67 a l..r Ubile m ........................... 2, 13 .. I .9.91 .606.o ,to ..
...1UM .m Us. e N*s ..*e ....... I* llu 0 e ....................14..... .9. 17. .i. .. .. I. 1.P .000 9.109,o.oo .
g. M.. in ..........:. .o47. o a - lelmla m nitIs o ................. .. .. e T.95 13.17.1430 3. .0 9.l.aya 211. a2 1 .992.38 2,9o.000 s.9os0.,00
a ......... ........a.. 6.0 Iflt p4. in .... ...... ...... ... 200. 12.2 9 95.
Ne w t i ..................6 2.........6. 1 .3 1 i. 8 1 W. 2 8 .96o 55.9 6t,0oo 2r.hw e o attineog i S l ....... 2. 6 2.935.2 1. oao 2.U9.9 2. B.511 3. 9.353 19.9 65.91
Ma ....................0 .000 000 190.000 .- wO lei l smL srtksu ............. 3. o s. .. ~1.,000 ..14S 0. .
s* T.. .... .. t ... .... .29 ,o gS 5 00.17 r h r ......................... .5
a ot .. l ...........................* .313 63 1 1T.7 a.J66O S.eabsa. Air LIB ..o..................... U. ,109 20.16.571 5.103.To 15.771.30 0.t00.000 6.700,000 -
-S. .e--------- ............tE h ................ ..... 16..6 17. i a 10.96 3.9 1n.3 .n 6 4. 0 9o.2 25 .lmo00 2,6.o
v o .1 o... .... .. ll. .9. 39,7.391 63.736,969 71,9. w 3- 995.32. 5, 9.525.933 .9.7-45.i21 ean u ea ltrl ........................ i.s T.5.97 3
*tta r.r ...... .................... ....327,9EW 2.., 305.e6. 3eo.1o 136.7e 0 206,2Cr -...w .. Miss.ssli s p 3. ................. 2o.0 .41 11.0 .1 705.25 t ..1 1.771..50 2,2i m.o ~.--
0otbia B* I.. ..................... 32 .5 17.OB 07.37 159,312 510..065 6 12o.000 30,00--- -------
.m. a... .. ......................... e a .T .13 2.207.3 so0 1.o037.000 1,s603.000 o.. .nstr st ht ....... .........6.. ass.12.s 313.053.391 127,031.013 19.79.OH 31t.157.I70 292.9 o.50 2307.61 23.245.5
- I. 4 : st.n ....... 35.7 6 .2 73 3.277. 70 1.13.000 2.30.oo -
B i, ss .t. l .................... U.10 rs s 61 .go -n.. ao0.0 sr .... ..... t .............. .... .95.70 5,3.9l 2s .2 3, s .312,3r '3s.632 Io.m... -.5-.73 3 .5*.9f
re*lt e n Iu ... .... ....... 2.... 3 k,79 350,0 3j3 0 100 -/ ..... ... ,1500C 11,0

oari --.. v..* o ..................... 2.651,21 3.53.630 5.322 l3 .7t 3S.6 S.l9 sw -- .. ..s.o .................... l. .5n> 1.75.1'9 l. .es 1.2 .M 1.37.0 2ss.0.0 15.a0 se6
S*eti it. a o rfeli .................. 62.U2 665.795 51.6 51. 350.037a 3o11.0070.059 -t. ?ooo. ..It -.l....... ... ... ..5. 29.6 2. 91 329.2.3 3.1O8.322 2a3.632oo 10 7.013*5
S oio. tl 7........ ................... 5 .1 1 .3 ..7 .9 53.1 6 3.26.00oo 2M.a9_. n -2 ,rt. ..a.. s I7 ..."............... 8.". 6 S5.2 2.7 1 ". .T. 5 2 .0.T.900 .

,o l ............................. 5 .. ..67 3e. O .o 7.66 e.5 ,,essm lastsu i~~. ....... .33 3 t0. a -.-.0 -
Grat e ....................... ..... 3.L 3 30 323 .3 S3. 6.a kt a L at on ............. (o .2Ni9s 1,. -_, ^ ,*,J -, "

* kmr -..tnSoy ....................... s3o.o.9 6.10m.93I Wse.7 3, .3 3 U.105.oo -5 s.125.2 3.223,97 3.22s397 Or- t *r '........................... 2.0 .501 l2.o l..yo 6.an..95 .TO 13.1ol.000 1.61.153 2o.o.5.l9 2.59.,99
S "r.., Ols...... .. .1 .......... 5 7.0 3.5 9.9 r* ............... .. .70 2. 129, 000 1 1
.athin. arnSI e .....r.. ......... 2... 5. 50 11.0 ... l t................P.. 1n.i l .. 1,7 0. ..30 s.1 .O
eo.la e. qa .. .. .. .... .. A.n .. ,, .5 6 .32- ...tar .a 2.... .................. 9.1 1. .,3 .6 .oo. o.o .
. o M l Ru .t m .....................6.. 2. n 3 .5090. 1 .2 2.511.09 2.os 3.279 3 .3U .le o. ait. i a .. .. .. ...1.1.31 s 31 03.39 13.. 1 03. 1.t i .0 7. .1 -


ast.e.u .t an ................ .. 3s .. 2.2. 3 3. -,a 3.76.fl 2,15.125 2ss.159.125 f--U i .................... 10.657.299 l .269 ,.1 .1 ; ,o 9 .7oo T. 3.f-9
inea .............................. s s o 3 -u9
D,,, ,, -,ware,*, a .se. 3 3,,35.1.5 .. ..%ksl 31.1310 115,1,27,0. .. ..1.... 00.501 12 630. l.3 1.1.00 .6. 2.
Wow M.....................0.... 563309 6376 07 1. 9o,914 .953, 12.122,100f Green i3 Wesran..- let"............... &."5.710 5.6. 313.5 9.M ..0 12 3n78 12.9000 6 3.M.0 139.90 u .00S

N r, nt rid t m s ...................... ....I... 19.75 17.1 s 81,17 1. 1. o5 2.0

Ures. York o Teabana ml **.am.. **,. S.11 S 9111 3 5.g U9;15 1a4.569 167.951 Mabs>o l. artn aL outis ............. l..1.951 3.319.0917 .0 1.655.313 a17.795 5505o0 100.000 300.000*
lt wROnt OUe ...:..... ......... S .. ..... 2,90977 120 1 21. 12.7601..99 Oe ad fi.* ....... .. 1,19,03 21, .00 1. .71 15 52.5 9 3.,00 9.100000
trlltt2 0&604 3.3630 322 1.771'r0






P msrg t mli rte ..................... 195.1. 1931., n.... 9 .2. 109 5 .596 1. 6. .93- -o Sa an *-.at a oathr ...................... 11,6. 2 175 .713 -.2431as 1,29114 6s1.6 5.273 -
ittn f ** ... .. 3 1.067 000 ....................... 3, 9 -

0eil-eZ .a1t2 2uAn ............. 1. 1,9,197 1.35.17 913.000 l. 00 33.163 313.16 Iwin n ai are lW .......... 7.063.9 1.2905 2.25o.H7s 5.77I.5 1.97.10 3. 0 -. -

bs.e ... .a .. .... ................ 95,071 5 15.73d 2,. ho.20 60.bs100 9.91, ame6 en a este Lr k .................... 1.17 5.3 36 O 3527010 11 11 1,0
_trol__ Aasa Iaon n............. l1 ,30a 1.n.e .IlT n. ,.3 t. ..a ..66. .3 30e,77 3m176 ..................... 2.7.95. 17.00 1 0 1 0
a *tn a untwn ............... 1.. 2.66 1 3.51 30.165 1.1.36 32.09 o s t on a u. ........................ 192,6506,3 32.12 6 1 ,6S 2 ,9933.916 3. .5 0..15.93 -


intloa is wtl 0 ................ ....... 6 .93.2 7 90.96 .19.277 1 .0 000 30e.3n 10.19 Ta. Sport S 1./ 2 1,253 .2.127 ..30 7.3 95 57o0. 91.091 6 -
leosb Inlle ......................69..... 30,39 1 9.135 96752.097 5.12A 3.29 6.0 00,543.004 0ria 1see f. .............. 1.5,7 3 1,23.3 12.2133. 1, ,7o9 6 .65 T


Nstrl 3.M2. at.Pe ....................... 1173.7 3 66,99 3, 9036 7 11 3251. 6 0.0*00 3U. .......-. ........................... 1639 .103 ,52 .05.3 17 7< 8 750.79 l25o.0 153500.000 1.659.592 .659.59
renn41grint s ............................ 5.e69. 25 29 0 3 9. ,721 Tn 67.1.00 5Uo.n,9 .167.79 13.-tS 9 WMi m...l......... ....;.5.... ...,..... 6,3.72 11 21,907 10. 10.000 6.100 -
eqal. sianeolls gmhenr .1....f...... e i,11 M737 5 1,0 l.f0s95 .5.0030 3 W rt a a 3............3.231.9.15 U. 1W l5e%.1 3.129.5



ulliole .r........................... ... 6I6,H O .110. tt 6.75.5 A9.


ng ttsl u.l.r. ....................... .. .. 3 00 1,31 .701 136.00 .,00 2.0.0002,t7e.7 2.751r1.79rt006a ea line -rAn rt V s ts ---- 3,----..- .-...6 -15.l3.0 3, 0,9 -9 6 -----
.M ........ ...e l, .5 2 l. 05.95 ..5 l*. 30 U.... ........... 6.76 6.50 1 9100507
sturi a.rie i e. ..... .......... 123.59.79 9t<3.7tl3. 3,,00 -.593 I ..t.1) 1790a6.7 30.K0.3P 30.".l 5076 1is a0 o rt0e0 1.7300 ........... 1, ., '.5 13..M.tt 2.32,5.000 6 9 .
ni------ --r ................ ..M .......6.. .... .......2.1.C191m3.205.335 1.12.39 23.595.000 3.700000


esn espyassiesa. ST m a e......... .0,4U st SjIS.ao. 3 '0,5 o.391.9 5 ,h3 53.5 T.- 20.73a. 2.t6n5ss31i Xk lt .................. 31,1 40.991 ,3071 29..5 170.900 2,2 731 2051,9 93.3
a ------ ------ --.-.--- 5 ---- 9- .---- .9---- 93 2*-. nl jM s ......_ ..............._ 1._,72 l_571 5_._9 677._2 24.do 2.0_93.50o 150.00 15.0


O toan u1 se 1 rane ................... l6.673.(72 1053 ll.h9.7 0,0 231.USt .. h ..335 230asU,434 n,b-s,03l l in Talleer5 .........2.................. 5 ,936 203.321 15.031 2 5.5 15.137 70.9, 0 .
geosrtn n s Aurml... ................... 16954.500 ll. 24. 15. 5 to 1096,3 9.9#3 ,9 7.7.5. 7. 0s rt 1a7 A0kw0 .............00 ....... 10. 313. .0] 0 2 5 2 .52 63.00017
whTirstntam ........ia................... 3645.9 3 10 15 7 9 51 2 3,4 6.991,000 33.l050 1 3.55 1.26. 215 00e Bin* ................... 15.92,550 9.934,0t 7 6 2.,2. 2 1 967,00 -
RI.I. is Ll- k rlgsteao.Sv lea nlob .................. 1.32 3,7 -










senthurn iaetot .oal................ 2 I 5.9.2 1..6 75.1l 5(.403.971 71.193.59 l1.116.910 u1.66H.76 30.37.312 9.1132ia sZtM.ld ttiomaI*atIorhs.................1 ,7 2, .309i 2114S 2,398,500 -
Alb O m n .................. 3r 1.3. 000 93 1. 93 UI r ................ 7. 0,019 3,205, 1. 51,929.3 99 135. OO 3,7100,00 0 -



pesesr et as .................. l9.. 325.970 32.1103 3 23,1950 153.79 51.593 3i. 0.e3s81s6. .rn" AaMo v e ....... 3.0 551.96 379,17 501.312 370, 360,3000 6
-tts, isra e te ........... 27.791 -.59 9. 000 Z90 -I. e an soa sst.m ** ................. .772.107 ,151 3 510.39 677,1 ,?75. 9.5093.70 1 0.00 .19315
Atness a oestLte m i.................... 1 .63.61 l,65,70. T.1 9, 9 .0755 2.5,0033 23,61.,700po 1,020.051 1a4. e or9le LL ........ ............. ... 1 1, 92 3 0,5.37 6- --
Norflk om lestrt.".................... 1.001..51 .19,92 30. 295,0- ? 3a.9 7i3. 7 f m Ol An kaa..................... *.1, .88 15.030.56 .03 110,1T4520 65371,0102 l3.nk.O-
3a ona *on se, lena.a..ene....... ....0.... .1,650 153 65





Otbhar a ha Ow ol .................... 0.70 2, 7 22000 1.5.00 72.000 72. sas 1 1at r 1 6l6o ........... ............. 970 1..9 10.5,000 7 5 59 592.575
___Virginia_ ........_...___49 ____Tim_- ____Se3t5........ 243.5 33191%0












oteuat l .........rm ml5 "east r l k .917.479 1 .59.61 2 953 .583.000 .5712.000 1.t1.335 1.5.33S leu eI etea ............................. 3.2 52, 17 6 .175 3,241.30 35,. 10.34000 1.99 -
tltlh t ie........................ ....*.e 19 00.269 2. 1.233 2.l 5 17 .92 W.330 5...... 9 -
nt. ral ofn AYruigs................. ...3M 24 95159 lEO k 87202110 55.003,arligonZ1................... :'369 at030.567 f. 9. 0 N50 181515,724,30 1 3,i507023-

nelaat iNewA Orlea..s............e.. 2.70,19 2 909-M ,0n.9543 3 T,000 I 95.000 7.000 72,000 I Sz ockml d........ ................3,38,970 1,553,31 1,9 33 393 10.000 9.9100 0 275 92.57

Oblestn a bater o M e .................. ,18.695 ,91,93.;p 2 1, Sag.k17 -. 4,M2,00 ,5 3 tnae N ioam.....................I.... .36, 2 9513,1, 100,000 g8, -57

ofelo........................,5 36 2,60.333 2,190,557 .7 ....................... 3,129631 131-4390
-ooml ma -oulowill -.IN -19.0- -1


* Soprt of ren wver or rsenvers.
* Sport of trust or trnsetse.
SDetlelt or other reverse item.
f erurliy hoen as luteratioual My. oo. of ala.
Isolates loston a Albear. looser to Ne Teak Cantral 5L.


a lult*es Atohiee. tpkLft &Santa *e lf.. Oulf. eolorate a I st. Pa S.. ml PaMUbanile a lmta e r.
SMOte ost tilslate In total. I oles le thera saeti e Oeampin. hues l ev Orleans I. L 0o., a" lease lines.
SOpGrate by rNdEeerl an.a .0r.
U.S. GOVERNMENT PRINTING OFFICE : 1944-0-597260







Subject to rmsion


I'5 sre. t-a t 7/144i


UNIVERSITY OF FLORIDA

1111i1ll l lUl l 11111 I 1111 111111ii II l l 1111111
31262 08851 1786 INTERSTATE COMMERCE COMMISSION
BURBAU OF TRANSPORT 80ONOMICS AND STATISTICS


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

Compiled from 131 reports (Form IBS) preenting 135 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 6f July ;Por the seven months of For the month of July For the seven months of
1944 143 1 1943 1944 1943 1944 1943
1. Net railway operating income ... 98,633,421 1127,849,931 50,037,565 840,026,078 678,936,416 1100,822,145 0513,151,423 $645,689,156
2. Other income. 16,916,797 15,890,354 5,671,525 97,471,696 15,442,719 14,836,60 96,05,5.25 90,083.311
,3. Total income.. 115,550,218 143,714O;,5 .155,709,090 937,497,774 94, 79,135 115,658,75 609,06,948 735,772,467
4. Miscellaneous deductions from income .....-.-.---. ---------- ,182,372 2,607,476 24,638,196 1754,036 2, 43,8315 2,358,'104 20,193,963 15,536,719
5. Income available for fixed charges---..---- 112,367,846 141,132,809 731,070,894 920,443,738 92,035,820 113,300,650 589,012,985 70,235,714
6. Fixed .charges:
6-01. Rent for leased roads and equipment---.---.. --- 13,470,1454 13,974,460 90,1,766 102,799,118 12,28,465 12,804,278 83,271,817 95,20,894
6-02. Interest deductions ..... -------.-- 3681,192 3583,115 2 O,8 06 252,75962 28,3,522 25,508,451 168,684,222 180,b33,727
6-02. In Total fied ucharges ---------- ------- 561272 s 11 19 67 6 1*4-) 160680,8222 61 0
6-03. Other deductions..... -------------------------6531926 67 86----078 91,35092223 709,824 6
6-04. Total fixed charges....................................... 52,272,| 49,97 201 331,897,539 356,4,158 4o,705 337 38.44 952 252,665863 276,725,210
7. Income after fixed charges.--.--... ----- 60------- 095,7 91,20608 35 ,15980 5 ,0 8 8 98 ,,122, 4473,2 10
8. Contingent charges. 2,733,-65 2.390753 '19,277,673 16,69,32 1,95, ,6?,78 o ,835,-06 11,3 5,616
9. Net income /...-..............-...........................-.............. 57:6282 8 55 379895:62 54730, 49,377 973266:918 322:511816 432:0922
10. Depreciation (Way and structures and Equipment)..... 26,691,330 ,553,008 186,133,203 183,990,081 22,360,629 21,218,689 156,038,350 153,771,578
11. Amortization of defense projects..................- 15,787,955 14,925,367 1 4,792,612 77,869,534 13,681,088 13,899,902 91,199,468 70,321,427
12. Federal income taxes.-- --.-------....--- -------..-- 123,439,864 135,167,083 769,839,321 798,658,318 106,969,182 117,121,648 656,783,755 696,713,852
13. Dividend appropriations:
13-01.Oncommonstock-------------------------- 9-- v19:7O Ig:78' :3,5 15,563,373 796,49093,723,9 15,71, 9 126,373
13-02. On preferredd stock............----------------------715,33T7,1963,74 157 315,56,73
Ratio of income to fixed oharges3/ (Item 5+6-04)... 2.15 2.83 2.20 2.58 2.26 2.95 2.33 2.60
Class I Railways Not in
All Class I Railways Receivership or Trusteeship#
ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS.g/
Selected Asset and Liability Items Balance at end of July Balance at end of July
1944 1943 1944 1943
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)...... -86.252,079 563.096596 61.422.837 5.92,966 Nuhmer of umber of A
Reports Amount reports Amount
21. Cash .....----- --------. --------- ---.. 1,022,244,133 1,182,998,334 17, 88107 914,605,23 repotreports
22. Temporary cash investments........--- --........... 1,860, 088 115,55,47 ,408 1,050 July ....... 19 111 0,6 2,538 7 3,260,256
,1. 96o,4o a- 1r:nc r .........50:6... July ....... 1,#60.622,5 85. $5,.50 6
23. Special deposits--..-..........- ..- ------6---------------------- --1 O, 1, ,819 ,5 122,6'66 JU ...1....14 113 8 288,524 2
24. Loans and bills receivable8 256 111 95 2 0 7 month ... 14 1 72o6 14 6,3
25. Traffic and car-service balances-Dr..-------------36,5 386 6 7 months ... 1943 112 17 16 5108269
26. Net balance receivable from agents and conductors-. 155,292,44 170, 24 ,275,851 139,579,66
27. Miscellaneous accounts receivable--------------------- 63 352,086 591,1 021477,772,179
2$. Materials and supplies----.... --- -- --..... -----. 59 -,392,607 520o-16,4 n- 8 1,2,7 428,13,150
29. Interest areendividends receivable .------------5,307 17,89: 7 ,73, 16,~
0. Rentres ivdes receivable ......2..........--2 1,1:,:15 I4 ,---25l-1 8169864 6-,7120 NET INCOME- ALL CLASS I RAILWAYS
31. Other current assets ......-------.... ----- --.. ...,316,135 51, 362,39 59.20315 37,78 003 MILLIONS OF DOLLARS
32. Total current assets (items 21 to 31)-................-- 4.564,935,989 4.0o,656.036 3.579.942,602 3,21,8232.278 1 O60O ----.-
40. Funded debt maturing within 6 months 4/_ 202.035.1311 152.613.204 18 4.176.507 133.238,.737 1 140
41. Loans and bills payable 12,838,86 15,11, 9000000 1,600,000 20
42. Traffic and car-service ialances-Cr.. ,20739 33 152, ,* 167,227,265 112,680,5 40
43. Audited accounts and wages payable 452,515, 377 190,0 376,135,097 324247,345 100
4. Miscellaneous accounts payable 121,091,3 06506 89,2380 81,950,13
4. Interest matured unpaid.... ,217,9 384,97. 39,6717 32,67 81
. Dividends matured unpaid ,77 111 '7, 4 3, 18 80
47. Unmatured interest accrued 60.792,906 62,.7 57., 5.89,
',. Unmatured dividends declared. 10,018,541 13,35 422 10,018S l 13 2 60
Unmatured rents accrued .... 18,3 195 515,8 41,202 1,3711
.Accrued tax liability ....8...,496,500 1.5...9,4 1,604.99,342 1,325,15.117 40
Other current liabilitiest 9, 9 71395 ,55. 593:91
g. Total current liabilities (items 41 to 51).... 2,906,753,515 2,3s3.W82.80 2.432.606,133 2.020,0431,466
0 9 1 II L
53 Analysis of accrued tax liability: 0 JPMAMJJASONOJFMAMJJASONDJFMAM4JASOND
53-01 U. Scovernment ta s 1,72,923,104 1,37,148,505 1,478,002,687 1,196,45,37 194 2 1 F A
53-02. Other than U. S. Government taxes 15 ,573,3;96 5 ,798 12b,946,655 15,28,1407 1 9,2 4


I/Represents accruals, including the amount in default.
v/For.all Class I Steaa Rhilways the net income was s follows:
Period 19414 1943 Decrease
S months ended July ....... 3,41,1428 ,840, ,198957
6 months ended July ....... 3 71,670 I 48416
12 months ended Jly ....... 503684 1.0714165.9


The net insosm shown is after deduction of
revenues to create reserves for land grant
7 months ended with July 1944, 027,963,131.


the following amounts taken out of operating
deductions in dispute: July 1944, 3,896,712;


/For railways in receivership and trusteeship the ratio ,waas follows:
July 19, 1.76; July 1943, 2.42; 7 months, 1944, 1.79; 7 months 1943, 2.51.
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.,
5/Includes obligations which mature not more than 2 years after date of issue.
5/Excludes reports of 3 roads whose net income (or deficit) was absorbed by
the controlling company.
# Figures include returns of the following carriers which emerged from
receivership or trusteeship on the dates shown: Akron Canton & Youngatown
ebruary 1, 1944; Chicago & North Vestern, June I 1 94; Minneapolis A St. Louis,
December 1, 1943; Missouri Illinois, June 1, 194.


Statement No. M-125
JULY -1944









INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS


SoLECTED COME fEMS BY REGIONS NMD DIRIC CLASS I STAM RAILWAYS

FOR VEN MONTHS ENDED WITH JULY, 1944 AND 1943


region and rallway


United 8tats Total ...............,..


4 1 -,


NmT RAILWAY OPIIEm
moo055


Wm IwOO


FrERAL INoMs
TunS


DIVIDED
APPMABOrIATIO


19 19 43 1944 194 194 1943) 194 1941


Region and railway


MI BAILWAY ORWIANI
IDOWO


t IM1c0u4


mWAnL 2w00m
TAMIS


DITID
APNPROATIOn8


1944 1943 1944 1943 1"91 1943 14s 19143


5 1 P 4I 4- 4. 4'1 --- -- 4 4-----..-1-,-.-- I 4 4


)65p.oggg5 $@ooa6.oys $379.8 2


Basters District total ................. 9.538.398 305.595.829 123,351.812 195.704,367 192.115,258 230.301.558 27,824,708 27.762.851
se ancliane .gion Total .............. 23.5T3.03 .32.672.127 13.102,156 20.456.389 11.517.500 14.469.73 276,316 300,w60
Bangor In Aroostook ................... 891.673 1097s.03 578,960 7 44 932.609 531.070 191.400 191.00
Boston and aine ....................... 5. 438 7, 667 3,172,146 4.65,717 2.328,000 3340,000
Canadian National Line. in Ite and .. 684. 79832 4 1.018.85"
Canadian Paotifi Lines in Malne ...... 1, 1 1- -
anailn PaRifio Lines in VTern ....... 6.7 5 1 -
Oentrial Vermnt ......................... 551.00 103 8.375 78.100
It r. central ........................... 1,1429 1.722.752 .To 1,o.: 962.987 921.920 8.916 o108960
le Tork Comnnotting .................... 1o,026 797,830 471.535 292.792 145.000 200000 -
SelTolr. ~e m n man artteT, ...... 1.3" .53 o0570o.68 9.776.398 1.4943,459 7,060,529 9.398,183 .
utland? ............................... 12 0 126.979 213. a 20,920 -
,I- gam I.""::::: s699 nrrl


oroe.t fakes lion Total..............
Am Aror ................... ..........
Cembriaa Indiana.................
Delaarem m Baon .....................
Delaw lcklwnna and Wstern ........
Detroit and Makinae ..................
Dtroit and Toledo Shoe Line ..........
Brle ....................................
OranTrmnk Vestern .....................
Lhigh and ludson liver .................
Lehih Iad m ev' Iland ..................
Lehigh Valle ...........................
Monongshel ............................
Montour ................................
Ioe York Cntral Y .....................
iNe York, Chioago and St. Lotel .........
New Tork. Ontario and Westeron .........
New York, asuhana Vesters* .......
Pere Maroeute ..........................
Pittsobrsh and Lake Iri. ..............
Pittebrg and Shmat ...................
Pittsburgh Vest Virginia .............
Pittsburga shamt and Norther* ........
abash .................................


Oentral ste rn legion Total ..........
Akron, Canton A Younstown .............
Baltimore and Ohio/.....................
esseesr and Lake Bri ..................
Central a. a. of N o Jers** ..........
Ohioalo a eastern Illlnois ..............
Chcago a ll1inois Mldland ..............
hioaso, Indianapolis and Loutivlle* ..
Detroit, toledo and Ironton ............
X11iu. Jolet ad steorn ...............
Illinoi Terminal ......................
Long Islad .............................
Missouri-llinoi ......................
Pennsylvan ...........................
Pennesylveatn leading Seashor ...........
a l ing ..............................
Staten Isl andd pid Trant ............
Western Marynd ........................
feeling and Lake Irie .................


96.632,611. 11.330.876


43.661t427


75.2a0.,37


83,291.954


n115.160,028


9.545.933


, F '-- .4. 4.4. 4. 4


400.029
371. 77
5.186,06
7.304 3
17 262
412,441
12.255,373
3.021.365
170,062
771.500
6.371. 19
615.534
447.321
402,047,31
6.596,811


3.34.27
41 32
*


516,244
220,246
5.039,621
7,652.506
14,552
510.179
12.228,202
4.073.252
19.,725
798.398
7.825,103
848.668
460.s889
54,060.814R
8,025,439
152.134
6o40.862
3.990.263
3.893.558
145, 656
1.101,383
79,323
6,85,259'


119.332.731 153.592,826


481,195
27.222,1403
2,1438.54
2.185.3~2
124.5661
1,241.623
1,s27.783
795.0"
1.398,145
219.59
60,712. ,0
8,728.180
755,537
4,111, 314
1.903,265


257.249
3.1,5744



52,.140
186.,582


435.789
21,900,506
4.159.373

1.459.702
2,558.133
-- W4


66.588.229


354.509
199.568
3.961.68

6. go%.
6,984. 348
1.538.272
209.110
620.156
3.775.823

37.600,656
5.42,.120

2.610 ,039
2.60(:.9
& H 1.S

&.


100.0o46.201


177.970
570.614
1,302.000
34.294
347,.415
7947505
353.667
144,162
3.164.000
627.277
310,978
37.878,291
n1.761.500
172,355
2.536.568
3583,.052
10.896
285.079
11.502.844


97. 305,s0k


256.30
49n.868
1.961000
3.394.000
22.000
2.220
I14,.42.806
963.192

h,otfooo
3,0073.000
479.027

55. 39.920
14.oo6,500

199.483
2.831.635
4,490,319
58.233
410,202
11.283755


100,o.672.257


120,000


200,000
3.244,925





3. 223,.697



2.159.125


598,186


9.765.127


120.000


290.000
3.232.909
141,210



3.2.23697



2.159,125


598,186


18.002.459 17.697.36


4 4. I 4. 4 4.


604.651
40.539,93
4,076,260
2,504.829
566191
1.971,379
1.519.970
978.506
2,271416
226,161
77.323.447
729.018
11,2 0,370
6 0842,
4,658.447
2.182,769


311.669
14, 307.992
1,568.789
.,129

381.173
950. 74
1,412,876
4895,502
298.095
193.729
35.120.267


2.414,7114
1.715.246


156,264
26.11U.661

1,498767
377.377
1,153.710
1.i1.960
564,796
1.611,257
2260ak
52.748. 23
301,211
7,1403,523
2,930,566
1.966.262


227.192
18.387.955
997.583
480.000
1,273.890
818,700
150.000
583,004
1.339.263
1,438o,00
287.279
328.000
55.489.875
212.233
8.009,200
274,830
3,.191,000
3.5n21.000


297,910
15,296.499
1.312,030
550.000
2,142,000
778.1'9
210,000

2,1422,884
1.132,500
611.849
h18.700
61. U531S
206,919
6.579,290
2.180,000
4,439,000


55,095






250.000

13.167,754
2.37.889

1.276.189


383.863

490.698



13.167.754
2.;378,89

1.276.189


Southern Distriet Total ............... 1742.288,9.42 167,367.140 0143.j9.22 124.618.203 199.823.190 211.369.1661 3.,787.79 34.523.212
Pocahontms legion Total............... 40.809.888 41.511.27 139.023.537 36.145.691 59.,431,478 6.752.481 20.953.425 21.422.874
Ohesapeake n Ohio .................... 19.446.627 21.516.161 16.174.501 18.003. h2 24.,86.12 29.666.656 1.o486,01 i 1.g3.609
orfelk ad WUstern ..................... 15.117.198 13.399.899 17.856, 58 12.38.4 23.825.000 24.0 o.000 7.473.787 7,480.461
Richmosd, edrricksburg Mnd Potomu .... 2,000,482 2.372.46 2,013.157 2.360.84 8,076,112 8.56.968 30,02 435.229
Virginin ............................... 4. 9.581 22,a 2a 2.978.721 2.943.319 2.73.7 2.3.527 1.56.575 1. .575


Southern Iegion Total .............
Alabem areat Southern ..................
Atlanta and est Point .................
Atlanta, Birmingham and Coast ..........
Atlantio Coast Line ....................
Central of Georgia** ....................
Oharleston &a western Carolina ...........
Cinoinnati, lew Orleans and Texas Pacifico
Clinchfoeld ..........................


101.1478,99 125.855.313


1,170,437
227,983
2 7,26s
9.322.540
545.535
2.961.686
3,663.562


1.531.629
291.272
1.461.691
5,208,331
573,284
3,530,323
3.275.850


65.326,105


1.568,415
2o0.433
267,872
9,458,149
1.179.299
386,137
1.972.573
2.389.210


s88.472,12 S 4o.391.712


1,852,991
305.897
545.338
11.57180
2.466,283
412,2 7
2.510.P9
2.00oo3.2


* Report of receiver or receivers.
** Report of trustee or trustees.
d Defioit or other reverse item.
ormerly shown as International By. Co. of Main*.
Includes Boston a Albany, lesor to Nev York Central P.R.


3.128.000
687.550
280,000
23,000,000
1.010,433
20,000
5.230.000
406.386


146.61,6.685


3.713.000
764,201
450,000
27.000,000
1.565,104
315,000
5302,000
no5,2o8


13,s834.3 4


I .08,32


1,008.932
61,590
1,240.059
72,000
1,865.557
5


13.100,338


1.008,932
73,908
1,240.059
72.000
1.865.557


Southern Noeion Oontinued
oolMbu ad Oenmlle .................. ..
Florida l t Costm ....................
d orgia La. esse Organisation .......
Geaoia* l orida* ......................
OGorgia Southern and loris .............
ift and Ship Islad .....................
alf. Mobile and Ohio ...................
Illinole Centrl ........................
Lollville and ashville .................
Mlsslsippi Oentral ........,...........
ash ille. Ohattnoog a St. Lous .......
ew Orlense n northeastern ............
Norfolk Iothern .........................
aboard air Line .......................
umt h i ...............................
Tunnssea Central ......................
western ailallr of AlSaba ............
Trc ad m insitppit alT ..le ..........


$61.394
14.206.673
1.883.550
84.377

25,. 519
2,760,637

227.212
2.476,521
653.103
409,119
13.396,384
19.13,700
325,9414
331.297
2,691,772


$28.222
6.419,792
2.492,026
128.753
693.79
S 1
19.258.579
15.10. 730
3.168.114
660,31
20. p
47975
4,r35
4.17.
.b4 .O


1.566.599


245,.257


161,156
1,682.1485
507.971

5.765, 17
12.216.96
192,890
308.792
1.094.654


*39.758
".756.991
2.131.917
mq


12,878.186
10.782.8s2

2.339.569
388,902
14.103.273
13.311.799
342,652
.372.731
2.781.876


$42.700
3.808.885

639,000
13,000
2.087,644
20,433,000
28.734.6o0
108,958
1.522,000
114.612
12,100,000
31.111.000
187.8sk
6M.061
2.049.750


637.800
3.137,975

998.000
3.029.800
11,035.000
33.430.740
80,872
4.313.253
2.515.000
259.268

36.333,000
'750.146
2.599,750


5.w50.000
255.982


2.596.400
70,000
105.000


$5.850,000oo
255.982


2,596,400
17.500
120.000


western Distriot Total ................ 26.210,.325 367.063.109 152.194.228 27.057,578 377.900.873 356,987.594 28.307.654 23.405.599
orth~ m.tern Bl gon otal............... 79117.002 104lO02.651 3 ,.279,490 5 4,4 20 51,307.796 5.94,22 3,595.739 3.524.51
Ohicago and north nWeter.............. 13.718,61 6 1.768.899 9,256.5 0 10.037,325 8,s5.000 9.550.000
Ohicagoo ~nat eastern .................. 1.895,99 2,036.060 1.31, 69 1426,575 1,40.300 2338,000 4 640 686.449
Chicago. n luarke, It. Paul and Postfio 17, 790. 2,292.1 5,386,148 19,589, 9.17.000 9.976.000 -
Chicago, Saint Panl Minneapolis and Oasha 1,747,21 2,66. 8 39.307 1.238,0 200,000 158.706
Daluth, Miaabe a d Iron agm ........... 5.462.515 3.50,44 4952,447 2,973.371 3.339.972 478.0
Duluth, South Shon and Atlantic ....... 389,747 512,332 1 2 8.004 -
ulth, winnip end Pacifo ............. 262.57 163.328 .T t -
Great Northmrn ......................... 1556707 15.997863 .790 1965,000 606 53 2498899 249.899
Oreen ayr ad eastern .................... 11.715 379.915 64.2 3520 151.959 73.500 125.000 125.000
Lake Supertor & Ishpeaing ............... 380.214 322.17 386.562 326.083 262,45 221840 2 4,200
Unneapolls a St. Louis .................. 1.033.574 2.059.40 940,088 163.609 64,000 75,000 300.000
Mi.naeols., st. Pnl & Sanlt St*. Marie** 6,135.068 4,278.495 286.409 .369.272 965.753
Northern Pacific ......................... 12,633.916 1 7.19.%31 5.112.810 e 11,920,600 9.316,022 -
po kane Intnationl .................... 138.44 1,270 1997 122,118 78,586 280,206
pokan, Portland and battle ............ 143.226 369239 516.399 1,695.530 413.562 800,000 -


central Western logon Tota, ..........
Alton* ..................................
Atohieon, .opoka and Santsa P e/ ........
Chicgo. 3nrlinston & Qtar .............
Ohaso, aook Island and Paol io .......
Colorado and Southrn ...................
Colorado A Voanlg ...... ...............
Denver and Rio Grande Westerne .........
BDenr and Salt LWu .............,.......
fort north an Denver ity ...............
lorthetem Paciflo ....................
Southern Pacif ........................
Southern Pcific Transoortation System /.
Toldo, Peoria & Vestrnm f .............
Union aific ............................
VUth ...................................
Wter Pactlfio** .......................


Southester Begion Total ..............
asuoent, Sour Lake a Western** ..........
urlington.-look Island ..................
International-4rO t northern" ...........
kas City Southrn .....................
aEsrs, Oklshoa & Gulf ..................
Loniwsna A Arkuns .....................
Mdland TVall ..........................
Missori and Arkansa ....................
Mislerout-Kanau-Tezu ....................
Missouri Pacific** ......................
ov Orleans, Texs & Mexico** ............
Oklahoaa Cit7-As-Atoka ..................
St. Louls, Broansille and Mexlio* ......
St. Lacs-Ban ranciso** ................
St. Louis, Sn Francisco and Tas ...
St. Louis Southwestern*" ..............
San Antonio, Uvalde & Gulf** ............
Texas and Io Orlans ....................
Tex and Paifio ........................
Texas M en ............................


12k,680,261 174.185.052 81.172,169 20.929.367 227.512.557 222.6114.469 23,761.06 19.045,092


2,424,107
29 .59.998
14.384,367
17 44.096
1,695.797
7,94,9o0
437,159
1,822.935
177.937
23,076,798
32,638,552
1.486.392
19,998,60
69.995
3,901,077


2,644.999
35,831,995
26.20,.651
25.996.270
1.793.302
15,672
10, 195

2.139.586




72.211
6.383,675


1.358.157
24.972.835
10.141.372
9.951.362
1,352.396
192.339
117,798
1,402.58

25.90387

20.808.215
l9t6.094


1,617,564
30.191.395
No. .463
1864. 5
1. 411575
l.





27.2800.60
S o.562
14,45,621


2,314,120.
28.031.753
16,000,000
783,446
1.589.300
1.425.892

41.3p5,902
59.6R4,851,
52.100,000
4,558,000


64,413,055 8I4.853,404 33a,742,91 51,693.961 994080, 1 ,52o0


1.051.115
333.365
2,037.137
3.252.191
551.587
1.258.231
137.296
134.426
4,096.960
18,936.559
2.063.727
207,895
1,620,251
9,328.3 6
.3.693
5,.06,773

3 ,912.7
1433.733


729.572
372,735
2.616.814
3.562.870
187.113
1.319.070
27.106
25,210
4,1e3.o63
4,976,269
1.10 I.88
177.267
1.750.690
13,102.092
601.792
6.837.356
3,131
17,42.T58
5.350.93, 6
358.151


981.303
d 11.1.
2.028.01
g28. 811
71b.1179
14,JA4
132.193
2.029.007
8.983,218
523.815
169,739
1.197,35W
2.547,545
207.971
4,051,812

2.189:336
342.396


636.o02

2. 2.323
365.735

26. 478
1, .010,402


1375.50
6,9,0i
1


3,79.232
263.873


2.5W0.861
1.562.5112
4.U95.COO
11.0073
2. .0.400
14. 384
113.592
5.600,000
26.6o,0o

3.211.603

11.3.131
o 3


18.358.9149
12,784,000
120,000


74,690,00
19 702,713
11,100,000
581272
1~,100
4.563.000
21000
1,14gh.917
46.401.663
6t,*46913
57.000,000
12,1400
-3.307,600


1,160,000

2.797.500
4. 350,000
268.88gg
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
o,o om,ok
16.063.250
9,417.435
85.430


10.385.500






4.715,9549
1.715,954

3.659.592


950. 69


150.000










592,575


10,355.500









8.659,592
-


835.959


"3,38
150.000










592.575


a/ Includes Atchison. Topeka & Santa P By.. Oulf, Colorado & Santa Fe By.. and Panhandle A Santa et By.
Data not included in totals. Includes Southern Pacific Coopany, tezas and Na Orleans R. R. Co., and leased lines.
SOperated by Pedet.ral )M.r. U.S.GOVERNMENT PRINTINGOFFICE: 1944-0-507260


Pae 2


t


- - - -


I I


;,I


u


I I


U


LL


.. ..................................


-T-


------------ I ..........


i i


I


1 I


I I- f


-r


. i m m i


. I j





~c se3 u j- ey


Subject to revision


UNIVERSITY OF FLORIDA

1IlIIIIIII1IIIIU1IIIIIIIIIIIIillill illl llllllllllllll
3 1262 08851 1935 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

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


Statement No. M-125
AUGUST 1944


UNIV. OF FL LIS.





U.S. DEPO TORY


Compiled from 131 reports (Fornp IBS) representing 135 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Clas I Class I Railways Not in
All Class I tilways Receivership or Trusteeship #
Income Items For the month of August For the eight months of For the month of August For the eight months of
1944 1943 1914 1943 1944 1943 194 1943
1. Net railway operating income ..1,6, 2.... 0 6614 132,71,087 t758,577,199 972,297,165 t80,579,979 bao4437,3o6 $600,9, 422 750,76,6
2. Other income.........--- -----------.... ...------ ,118,986 13,639,927 119,579,63 111,111,624 12,93758 12,463,386 108,782,234 109,546,697
3. Total income .....--------... .......-- ......... 115,,484,6o0 145,911,01l 878,156,835 1,083,408,789 93,517,563 116,950,692 709,687,656 852,723,157
4. Miscellaneous deductions from income..... -----------..2,617,136 2,563,930 27,255.334" 19,617,967 2,258,704 2,308,586 22,452,667 17,845,304
5. Income available for fixed charges-..-... ---. 112,867,44 143,317,084 850,901,501 1,063,790,822 91,258,859 114,642,106 687,234,989 834877,853
6. Fixed charges:
6-01. Rent for leased roads and equipment ---- 15,789,581 13,840,253 1O5,43,345 116,639,370 12,146,921 12,303,570 95,18,3 107,72,463
6-02. Interest deductions 1/..-...----- ..----- 33,851,295 35,631,503 127,691,502 288,391,464 23,498,215 25,309,911 19182, 205, ,638
6-03. Other deductions................13,639 117,89 139,206 982,967 93,822 9,534 ,66 61,124
6-04. Total fixed charges .. ..49,77 15 49,589,645 381,674,53 o06,013,801 35,738,958 37,74015 28,408 314 ,225
7. Income after fixed charges-. ---- 63,09 9 93,757,439 1469,227,448 657,777,21 55,519901 76,38,091 398,830,7 52448,628
8. Contingent charges ..- -.... ....---- --2,74,498 2,435,087 22,022,171 19,074,519 1,96,90 1, 3,113 15,796,196 12,978,729
9. Net income 2/ ...................-..........-..... 60,346,451 91,322,352 4477,205,277 638,702,502 53,559,011 75,2 6,978 383,033,971 507,469,899
10. Depreciation (Way and structures and Equipment).... 26,874,037 26,481,941 213,007,242 210,472,024 22,550,032 22,117,764 178,588,383 175,889,344
11. Amortization of defense projects--- ------.......... 16,177,182 11,106,167 120,969,795 88,975,703 13,967,737 10,256,074 105,167,206 80,577,503
12. Federal income taxes............... ......... ...... 132,326,407 139,801,830 895,822,574 938,460,147 113,499,373 120,378,421 763.939,974 817,092,272
13. Dividend appropriations:
13-01. On common stock ------ 15,281,758 16,886,352 90,417,473 87,004,641 15,281,758 16,886,352 90.417,473 87,014,641
13-02. On preferred stock----... ;........... .. ........ ..... ,145,891894 19,930,287 19p709,267 1 145,91 ,14 4 19,93287 709267
Ratio of income to fixed charges./ (Item 5+6-04) ... 2.27 2.89 2.Z3 2.62 2.55 3.04 2.38 2.66

All Class I Railways. Class I Railways Not in
All Class I RailwaysReceivership or Trusteeship#
ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS /
Selected Asset and Liability Items Balance at end of August I Balance at end of August
1944 1943 1944 1943
9 Railways Reporting a Railways Reporting a
20. Investments in stocks, bonds, etc., other than those IPeriod Net Income Net Deficit
of affiliated companies (Total, Account 707) ...- 583.735.490 $564,189.127 "558.726,145 0542.051.545 Number of Ao Number ofiA nt
t Amount Amount
21. Cash...... ... ---- ............--...... .... 1,203,174,228 1,345,14,776 962,877,482 1,047,920,451 reports oun reports
22. Temporary cash investments........................ 1,864,990,161 1,347,008,251 1,431.72,610 1,076,1 2,02A August .... 194 111 61,56,74o 1 1,250,289
23. Special deposits... ----............ ................ 154,395,733 16.394,927 111,14,127 126,85,05 August .... 19 112 91, 66 16 642,4
24. Loans and bills receivable.. ...... ....................... 329431 2,94 28,131 250,968 month .. 194 113 453,' 6,731 15 6,2154
2. Traffic and car-service balances-Dr.. -..--....4...... ,186,922 39,469,878 27,812,72 384344 8 months .. 193 11 643, 83 1 5,1 181
26. Net balance receivable from agents and conductors .... 4,310,94 175,976,201 121,129,5 1 255677
27. Miscellaneous accounts receivable .-------- 629,94,993 609,8-1,241 488,528,877 496,12,612
28. Materials and supplies---...-... ..-............. 598 7372 524,5 2 489,172,125 431,957,619
29. Interest and dividends receivable .............-..... 28,:2,292 20,319,155 2,317,404 18,920,716
30. Rents receivable--............-------.......... 1,628,310 1,318,45 1,186,884 1,004,155 NET INCOME- ALL CLASS I RAILWAYS
1. Other current assets...............-.. ....... ..65.165.795 54.798.759 61.381.434 40.381,091 MILLIONS OP DOLLARS
32. Total current assets (items 21 to 31)--... 4.739.289.537 4,279,012..469 3.719661.696 3.412,745,277 10 60 -ItII II
40. Funded debt maturing within 6 months /...................... 226.799.482 154.026.245 209.153.411 [ 134.972.156 14Q0
41. Loans and bills payable /...... ......-...... 12,263,386 15,013,28 8,425,000 1,500,000 20
42. Traffic and car-service balances--Cr ............ 205,60,49 152,41,56 163,90,724 115,077 ,633
43. Audited accounts and wages payable........ 475..6,3I0. 409,16,37 395,40, ,389 22 00
4. Miscellaneous accounts payable ..------.... 115 88 ............. 12 ,812, -0 93,5,' 87 2
4 Interest matured unpaid....- 39...481..90 .38..90...9 33,21,38.... 33..,805,65
42. Dividends matured unpaid..... -----. 20,936,153 6, 8,58 2 0,656,136 6,0,519 8
47. Unmatured interest accrued...- ---- --- 70,330,8-47 71,961,352 66575,671 67,085,342
4g. Unmatured dividends declared ....21,200,37 95 21,00,397 2,9, 0-
49. Unmatured rents accrued....... ..... ... 24,238,85 2 20,995,298 220, 61,091
Accrued tax liability.... 1,950,520,9 1,615,772, 1,666, 697 1,421, 06,127 4(0
SOther current liabilities-... ................--313.372 73.535665 60. 552 52.67.571
52. Total current liabilities (items 41 to 511 3,041.593.630 2.54,0f7.W0 .550.641.673 2.168.615.92
53. Analysis of accrued ta liability: JMA JASOt3NDJFIMA JJASONDJFMAM ASOND
53-01 U. U. Government taxes.---- ........-..- .-- 1,78,35137 152,715,104 1,532626,51 1,285,552,10
53-02. Other than U. S. Government taxes. .. 162,; 3,551 -163,-057,3,40 i .l94i6 136,053,317 39ZE


1Represents accruals. including the amount In default.
For all Class I Steam Railways the net income was as follows:
Period 1944 1943 D Merease
3 months ended August ..... $189,077,745 250,683,143 61,605,398
6 months ended August ..... 355 519 51384643 158003,124
12 months ended Auust ..... 68. .925 1.072.4.67 I89.8.642
The net inoome shown to after deduction of the following amounts tAen out of operation
revenues to create reserves for land gnt deductions in dispute; August 1944, (3,537,798
8 months ended with August 194, (3,125,929.


;/For railways in receivership and trusteeship the ratio was as follows:
August 194d, 1,5);4 Auit h1.h; 1r*onth 16 1e ebt in
4/Includes payment p of rl 0 al o ong-te%- 6bl'fgihoaroBsli~lbt.?A58.bt in
default) which will become due within six months after close of month of report.
5/Includes obligations which mature not more thanone sear after date of issue.
/Excludes reports of 3 roads whose net income (or deficit) was absorbed by
the controlling company.
# Figures include returns of the following carriers which emerged from
receivership ortrusteeship on the dates shown: Akron Canton & Youngstown,
February 1, 19.; Chicago & North Western, June 1 1944; Minneapolis & at. Louis,
December 1, 1943; Missouri Illinois, June 1, 1944.







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICT, CLASS I STEAM RAILWAYS
FOR EIGHT MONTHS ENDED WITH AUGUST, 1944 AND 1943


Page 2


N o sAhUit OFER&T10 MET INo r ngZmas 2tta EST RA aLA ziActPsArG B NR& INDAm INas0oA r zPAal
It INUS o SAPPRP IAm ONS I US Ot BAPRm R A OatzI
WM m oaB PPI nlZOII tIICoI I1r B ABfwIIIZ c,
lReion and railway ______ Region and railway
1944 1943 1944 1943 194 1943 1944 1943 1944 1943 1 1943 1944 1943 19 1943

United< Stat. Total ................... sT.577.199 972.297.165 01T47,205.277 *1 6362.7,50e 1895,22.574 0938.,660,1 17 114760 .1 7 106723.908 Sathein Sion Oontinued
auter strict Total ................ 23.295.373 359,8.275 150.94.153 235.029.914 21,461.537 272.612.51 2.312.214 21.750.360 ol s and Greenville ..........70739 630.457 16,.025 $43. 655.00 $32.S00 -
Forida R et Cot. .................... 4,7.011 7.01,276 1,570.342 5.121.489 3 885 3,381175 -
w fagand Region Total .............. 26l.5r6 27 3.92. atl 14.2.133 23.66.42lt 13.679,057 16.522.53 324.166 3 -4,210 *oi t J. l- osse o.niatlon ....... 2.1.~p 2.0.3 1.706.741 2.19.09 -
s lore ...... ...... 121.199 177.562 61 -
Banor and Aroostook .................... 926376 1.030.632 568,2 630.403 1.107,479 4.970 239.250 239,250 Georgia southern and ior ............ 469620 17.02 3.3 707000 1.15000
Boston andain, 6 ....................... .7120 .695.80 5,.403.6 2.719.000 3,956.000 G- an shM lant .................... 255.640 1 0 45 9 13000 -
(anadian National Lines in New aglsmd .. 72.94. 87.002 1.222.40 f obile a. a Cu o ...........;......... 3162.079 3.30.33 2.237.*6 2. 2.270.644 3.509.00 70.0
Canadian Pacific idea in Maue ...... 34,l I~inoi Central ......................... 17.597,40 21,795.71 11.,551.9 .0 2003,000, 13.695,000
anan Pacific Lines in e ......... 1 Louieville and ashvlle ..;.......... 16,63.511 17,636.765 11.682,040 12.38.7.9 33.299.060 3.8207.660 5.8500000 (5,50,000
Central Veront ............. .. 7 a 1. 03.250 6100 Mis. sippi Central ...................... 2.229 20017.379 1 69 120,795 93160 -
main. Central......................... .1.259..6 1.925.927 B 1.12.7.799 1.020.1 142,916 10,960 a7hll. OChattnoga St. Ilse ....... 2,620.741 3. .462 1.712.7 2,7.69k 3.016.333 5,1"9.169 255.92 255.92
ortr Oon.ctlac ..................... I... .17.100 929.033 .93 335.900 200.000 210.000, .. Orleans and Nort...e.. .............. 79.66 1.07.759 614.337 1.775000 225. -
S w eve d B for* ......15.731.90 771 1059215 17 420.529 10,795.192 Lrfolk southern ......................... 499.bo7 210.90 ,U 152.713 66.740
.............................. 6sa. 1.307 So Air Li ........................ 15.155350 23.77.2i 6.37. 91. 15.19 35 1.0000A 9.900.000
S othe-n .h.............................. 22.166,21 23.71 ,303 14.23.246 15.510.o72 36.257,000 41791.000 2.596.400 2.596.400
r -o ............. o.918167 136.969.0,g 50.99,21 16.362.224 97.133.359 135,6305c 9.565.933 9.7 130 neee Ontral ........................ 1 45352.700.42 96.30 70,000 1500
WetVeetrn Ralisy of la bama................ 37T5.19 0,606 50.91 1130020 8110, 8 175.810 105,000 120,000
Amn rialW,............................ 461.,5O 569.659 01.69 6.386 21747 33.05 Tasoo and Mi.issippi Valley ............. 3.158,463 4.599.787 1.336.650 2.739.42 2.149.000 .623,0000 -
ba a n..................... 42897 62.91 537.06 120000 120000
7.I14dson 39.3..67..1 5.66.120 6. 9 3.467 1.302000 2.307,000 Western District ota................. 313.667.56 422.651.349 7.575.333 264.394.413 47.154,966 421.012,572 35.519,262 32.503.569
ele annad Western ......... a6u10 : 64.71 do 1t 11 .575." 3147293643.930.2:00 0 1 .14 61.01.7 355.79 3.521.
Dro f Mackin ... .......... 19.91- 24000 rt stern aon Total.............. 93.5714.523 122755.41 46,117.056 5867,263 61,923,942 6s.014.670 3.595.739 j.524.54
Detroit aI oledo shown tin ........... .46. 560,71 539 3.sso 359,678 2200oo 310.000
Mate To ,*"shor36.71e...... V60.9 6 33.3 07 2 1 145ooo 71.500.000 -3583
r ................................ 13.714,.o 137.11 4709.1 7.695.116 9.313116 1o0.a9 3.2.925 3.232.912 Ohcagl a north Western................ 15.766,915 22. 10,4.256 la,1, o 0
ran T W .................. ... 3.439.119 .472.399 60293 1.557,13 353667 97192 Cicago rt Weter .................... 2,142.961 2 15 1,55000 2795 6649
a=4 nd son liver......... ........ 186.792 201,36 204. 5 2214470 .550 321555 141.210 Chieago,' niske*, st. fPad and Pacif*i. 20.796.307 36. .932 6.47,855 2.16.12 11.32,000 12.270,000
M o Ugland .................. 197.717 914.978 720,740 712.254 473.991 531.520 o, It P. Minn.eapolis san aabs 2.111,12 3077,712 512,933 1442,610 22,000 5 -
I Valle...........................* 7 .22 1,950250 1.936.0351 4.3, 2,.0000 3.780.000 uh, sse e ron ange........... 7.6241 5 771 7,2,3 14.625,795 .460,706 6.97.2 -
Ir.,,h 1lee ..d Irosen Ra ge ....
Monongahela ............................. 3 1,0 96 75 92, 716Ss 47.:460 l outh Shore n tlant* ......,00 1 00 -
,ontour.. .... .. ..5 .2158 13 2, 366.694 388.735 Dth inalpag and Paoife ................ 265,300 173.11 -

nw Yoruk, qu sna esn ............ 75417 5 200.610 230,063 Mtnen s St. os .................. 1,179.675 2.376.379 1.03,450 127,010 872,202 75.000 300.000
P we Meaquette................... ......31 3. 14.5 933 2054.182 2,961 670 2,606.323 3.165.051 'Mtineapolis, St. Pal & Sant Ste. Mari* 6,557,396 5,500,334 1 14_ S U 581.120 1.135.694 -
P .ta.rh n lake ................ 3.71 4396, 2.9 2,92. .57 943 5.9.6 2.159.125 2159.125 9. Tort ........................... 14397.146 .0.0 5 5 3 13,617,200 11,03.979 -
Pi.tt.ur -nd s-huat 16 5 ................... 1 6 10, 70.736 pokene iatrna Intrn ..................... 160,42 210,506 2,.590 1 96. 215, 43
Pitswhurgt & Vat aNoth .-... 1,0t6 124 1, 321:641 4:3.1p9 poke n, ortland sai Seattle............. 2.565,86 4.182,900 1.06,311 1.9015 395 1,050.000 -
W ..r 107 7799151 12,9,05 12659.36 59.16 59.186 central W r lo .... Tot al.......... 46.001.907 2014.155,01 93.54.277 1k40519.279 70 6.669 259,06.11 30.972,60 a2,143.0s
ntral t Rion Total.......... 146.235,679 185,26,9 4 .673.299 124.011,266 1,,49.121 120.297.223 .422.115 i,67.00 Ao ..... .......... ........ .. .t 2. 9,171 1,24..74 1,33 2:6 4 1 004
r on,. tonu & TYucnton & ....tm .......... 9.370 6'5.0434 363.9 181.923 a1.968 27.ao0 55.0n95 Cuea*. o rlaon g as ............. ..... 1, .5 31. 32.2 13.3a,1 l 25.7 31.0.7.3 23.702.713 -
lmor e I and Oto .. ....... ........... .1.. 3201.1 7 6.55 5 30.O 47.55 499 oh Rok I a a ....... 20,905.694k 29..92 9.16.333 19. o 13.1000 -
ttressmb and ake rte .................. 2.9922 1.6.15 1.993.228 10.o01 1.292.14 1.71.930 Colorao t en soi ...................... 1.6.M86 2,05.4166 1.477W.2 1 9 1 96072 319 -
Pentrl B of r aM J r,*' ........... 3.669.95 4.63.13 77.700 1.571.1 720a. 730.000 Colordo Wyneinr .....................261.960 97,765 1a.99 13.7s .I 16.69 -
OCeicao A Jeetern llois .............. 2.325,271 2.6724. 1.1s,1o 1.713.477 1659.669 2.537.000 3e3.663 363.663 anawer and Ro Grane Vsein** ........... 9.192.56 ,9 3.2.23 6s,.1481 2.010.300 5.321,000 -
Ohicttauo Illiaet mideini.............. 60.075 659 .667 36.977 39.923 95.100 923.349 l.e an o lt a ...................2 6.1 1.231 417.5 1.0 -
Chittcao, tidapoli ant Ieuisvll* .. l.142.10 2.239.607 929,61 1,300.851 511001 240,000 3ort Worth and DmSer Otty ............... 2,119.669 252900 1,53 1746,16 1.663409 1,665600
Detroit Toledo an t ronton............ 1369757 ,696,93 1.029,180 135M.dt 56201.6 .64.B9. 490.664 490o.664 ortneeer Patcif ..................... 30,643 T 4 977 3.972,6
a ua, Jolet nd aet ....0............ 76, 6 1161.511 1 60.67 688,86 1,86,860 2,662,6 southern PWctfo .......................2.. 125.6,122 41,2.9 4 51,571.162 660235 .772
inois treminal.......ion l ............ ..923.2:5 955,276 567.992 592679 1,26 596 500 1.3,500 250,000 500,000 Southern Pacific rnortio ................. 36,532.70. 60,807,371 ,26.2.727 .47,61.1 70.770.396 70,033..61 6,602.335 3.772,763
ni tl, n o ... ........... 2.............21.. 3.14 94 911 2.65,0114 368L9968 777,821 la ort loa ne tn i ..... 1, 67 ,217 1,57 ,029 1.?6,521 1,914 ,14.02 O,- -o3
Misouri-linoi........... ..... .. 322,01 271,720o 292.651 2..4 37 2 503,700 U.n Pacii, .............................. 23,636.S19 29.544.1 24.14.21 30.627,691 4.000.000 68.500.000 13.914.19 13.984,119
Prenivali ..................... ......... 7, .l 96.23,623 4.505.375 68.176.33' 58.959.594 72.966.976 13.167,75 13,67,7514 Uta ...... ......................... .... 0,171 91.2 214.378 3".66 17,.500 -
Pennsyv anialeatdis *Saeo.r ........... 634 146.650 159.6 957,726 271,262 294,0 Westtn afino** ........................4 4,415,016 7,92,016 2,156.511 5,6.I 5069..06 .2 4,8266.30 -
leeding ............................. 9,723,355 12,.19,07 5.1 .25 263 7,53377 9.267.50 7.2... ..0 2.79.550. ............. ..o,, -,-. ,.c. s ,m ,nm. s,. ,, ,,5.,- -- .
staten .e odMRaiN r.at .......... ... :..5 hT5. 717.222 o17. 7i47 -0- 0tootC coorna lWion tot. ..*............. 09426 95 00 3 4.000 5.007.355 93911091 950.69 35.959
stern. MaInrn Illanos .......... ..r. 820,20. 33 2.695.263 3.3 1 ,4.2,00 25 7, r o Gran der ........- t .........66 5_ 5.011,_ 4a0 -3D 532,000
W eiin, an le ,i, .. ,.9 2.30?,527 4050000 5,02.5o,0 1.276.169 1.2764.9 lo ut -. l Voe-t.e .......... 1.1.5779 796,41 1.076,.4 690,7 e2,606.6.6 12..00 -
49.93 99.------ ------ e.n avriSM8ok Isl ..................... 393. 054 ,44l5g,29 1 23 1-" 1
Sotlh.r lDistrict Tta.t ............. 161.613.7 119.597.391 117.945,791 l14.271.175 230,206.071 ,23447 146.516.2 145.469.95 I.I 1 ..oat1h... ..............2,317,6934 2,261..1,1 19,5112 3.056.500 -^ -
Pocahonta Rt on Tota............... 4.77.390 47,916.313 114,760,152 41,797,6 69.435.244 75.914,465 32,671.737 32,.359.391 ansas, lnh n a Sel f....................30515 9, 1,2 2, ,6 3,3 2 30:4
eia &11 ASrkansan6.. M..................... 1,38,1, 1 3 41,01 61674 2300 2,15000 15. .000- 150000




Chesapeake Ohio .................... 2,322400 24952,10 15.557.19 20930,795 222,477 35.463.661 17.229,07 17,666.625 M dland Ta l ........................... 14,7 273.76 9.679 a 9.679 71 ,6
hicaond. In readta bg and Potome .... 2. 1.21 .703,6 2 1 2,,7 9,0 26112 9.2 7 -30,0F2 4529 Mieaor -S nea .................... ,8,1 4.,7017 2.19, 1, 8 6.6930 2.3,000 -
Virsa ........................ ,1,516 4.923.793 3.40.954 3.462.045 3.161.65 2.773.37 4.022.3 3.20.7 Missri a e......................22.303.2 .6 O .1 1 ,1 30.360.000 26 000 -
1.6.5_N19.6 -490.. No r hlest, en asc irico.. .......... ..15 1 ,671 1..3 2.t16.000-




Southn l tn -, t.................4.. s26.s5so0 141.6s.o6 72.M.639 9s..s559 160.770.s7 .1.s50. 13.9 .5 13.,110561 .ama :t- ~toka .................. 23.35 0 x. 19. 2.. 3.726 3.1,1 -
Deri." St. ,oBa.dIt .1ronsville andg Mexio5no'0 6o......... 1,7 1.52 1,7,14 ,1 ,606 1,99,1 3,1, 31,000 -



Alabama Grat Southn .................. 1.326.70 1,819,417 1,7055., 3.09,.2 3,504000 4,26,000 1,008932 1.006.932 St. leni-ilaan ranieco** ................ 10,746,766 15.322,144 3,009.009 7,6.177 5.7,00. 5.31.000 -
At s and West Point.................. 266. 35719 279. ,6s ,795.205 .12 61,590 73.90 t. .os, n rnc o ad Ta ....... 315,516 705,034 242,120 62.767 65.000 ,.000 -
Atlanta, Biri gha an d Coast ........... 271a 5, 2 34,,261 3o.0,00 00.000 St. louis onthesterna" ................. 6.717.,44 7,70,10 4.939.721 5,506.4 13,76.316 11,
Atlanti Tse C t Line..................... .9 0.358 12,297.102 9,694,810 11,6149,060 255,00.000 30,750,000 240,059 1,2140,59 s0 lantonio, Uirvai & oalft ............. 32.0 28 2V 11.- 50,000 -
lowIslnd.... 3.19T96 99.911 2. 01,n.V .................... 08,91 17802 -o, ,. M 0 2, ,o .-.



central of vn ri a .................... 4.573,91 6,2,71 8 1.467,929 3.126.7.49 1,.472.936 1,6.726 *ra and Ne. Orl...e...................... 2 10.95. 16 127,2 I1 1,516 -

Charleston & We.tern Car-olina. .. 572,074 55354 39.93 401,471 365.000 400,000 72.000 72.00 ITa ed Pacific.................. ... 462,414 6145, 491050 4,025 14,697000 10.13435 592,575 592,575
Cincinnati, oean anTexas Pa 3.3147,53 14,1 5. 2,631 2.93,47 5,910,000 5.972,000 1.75.70 1,175.70 Texn NMein ............................ 509559 4,347 45.6014 311.476 4.0,000 9,911 -
OlinbOch d .............................. .19,197 3.747.g28 2.741,617 2.292.59 163.55 6 479.181 -


* Report of receiver or receivers.
"e Port of trustee or trustees.
d Deficit or other reverse itne.
& Formerly bhown as International y. Co. of Ma&ln.
SIncludes Boston & Albany, lessor to Nev Tork Central R..-


/ Includes Atchison, Topeka & Santa Fe y.., Oglf, Colorado 6 Santa eo y., and Panhandle Santa Fe 7.
Data not included in totals. Includes Soutern Pacific oapemn, y. exas and INe Orleans 1. R. Co., an lased lines.
SOpeted by edlarl Manar U.S.GOVERNMENTPRINTING OFFICE : 1944-0-597260


7.,




~IX ---------`

ye I~2Lar-s-slcy


UNIVERSITY OF FLORIDA

IIIlll IIIIIfIII IIIIIII f11 IfllII INTERSTATE COMMERCE COMM IS ON
3 1262 08851 2081 BUREAU OF TRANPORT ECONOMICS AND STATISTIC


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

Compiled from 131 reports (Form IBS) representing 135 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

All Class I RailClass I Railways Not in
All Class I Railways Receivership or Trusteeship #
Income Items For the month of September For the nine months of For the month of September For-the nine months of
1944 1943 1 1944 193 194 191943 1944 1943
1. Net railway operating income 8 ?,126,461 t110,58,970 847,A$4024 1,082,556,134 S70,409,o05 $86,o; ,297 678,3,09~', 7 841,726,091
2. Other income. I,675,081 14,218,617 134,254,720 125,330,242 13,400,603 13,24,883 122,265,175 115,817,106
2. Ot1er ___oom, .___6______ .o_____________
3. Total income ... 103,801,4 124,477,587 982,139,24 1,207,886,376 83,810,008 99.254,180 8O0,318,262 957,563,197
4. Miscellaneous deductions from income.............................. 2,518,738 2,745,790 29,77k4,073 22,363,757 1,93 ,25 2,4722,577 24,569,123 20,5o2,666
5. Income available for fixed charges........................ 101,282,804 121,731,797 952,365,171 1,185,522.619 81,875,723 96,781.,03 775,749,139 937,060,531
6. Fixed charges:
6-01. Rent for leased roads and equipment ....-- 14,588,697 14,405,079 120,532,041 131,0 4,449 13,792,198 13,921,000 11,449,604 124,237,612
6-02. Interest deductions I/-------------------------- 28,304,692 35,?91,97 302,995,892 323,683,453: 18,A72,529 25522-.682 21 ,888,575 235, ,960
6-03. Other deductions .-- ... ---------------------.. 122,903 130,126 1,162,4 1,113,09 91,556 102398 895521
6-04. Total fixed charges..----.........-------- 43,016,292 49,827,177 ,690,h34 45,84098 32,3' 56283 39, ,oso0 7,?3,
7. Income after fixed charges -..-..-.-.. ..- 58,266,512 71:,90,62o0 27, 729,681.9 49,519,4o 57,55,3 48,525.5 57,0 8,
8. Contingent charges----..-.. --....~.....- -- ----.. 2,721,688 2,351,222 24,73,859 2 1,425o,741 1 1, 589,29 17,778,6. 5 5 567,81
9. Net incomes2/-- -.---- --- 55,5'4,824 69,553,398 502,930,968 708,255.898 47536,971 55,6,274 430,736.791 56164o,46o
10. Depreciation (Way and structures and Equipment).... 27,197,600 26,470,446 240,204,041 236,942,468 23,0o4,51 22,290,910 202,922,488 199,552,351
11. Amortization of defense projects ..... .------....... 16,617,578 11,760,704 137,587,372 1oo,736,4o6 14,399,616 10,630,968 120,285,675 91,928,367
12. Federal income taxes............... ---.........---- --120,590,609 127,846,736 1,016,235,*24 1,066,306,883 102,912,711 109,890,054 867,256,046 928,117,990
1-3. Dividend appropriations:
13-01. On common stock ..... -------------- ---4,650,062 9,3,745 95,067,535 6,363,386 4,650,062 9,38,745 95,067,535 96,363,386
13-02. On preferred stock..--........-- ...--..................----- 1,073,187 697,908 21,003,7 20,407,175 1,07,187 697,908 21,003,474 20,407,175
Ratio of income to fixed charges./ (Item 5+6-04) ... 2.35 2.44 2.24 2.60 2.53 2.45 2.37 2.60

All Class I Railways !Class I Railways Not 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 September alance at end of SeptemberANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS
1944 1943 1944 1943
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) ... 589,193,681 $585,677,262 $ 6h,518,921 $560,331.,06 umber ofNumber of
Srepo Amount reports Amount
21. Cash ..l-- -------------------,138,?89,669 1,046,327,293 900,894,201 82,711,675 reports ____reports2
22. Temporary cash investments--.... .. ---------------- 1,752,029,182 1,622,94,45 1, 46,475,761 1,262,975,065 September 1944 111 58,36,82 17 $2,20988
. Special deposits..........------------------ 170,86, 167,322,643 2673,577 13,611,83 tber. 19 112 70,1 7 635969
24. Loans and bills receivable.-- --. 27,679 6.1 36,186 ?h3,765 9 months .. 19 14 509,803,415 6,8
25. Traffic and car-service balances-Dr... ----- ---2,68,670 35,920,462 27,9 37 27,930,6770 9 month .. 1 114 713,17.556 14 5:11,58
Net balance receivable from agents and,conductors.... L2h5,172,9: 6 171 68,789 06,9 14o ,910,263
27. Miscellaneous accounts receivable-----. 028,5,038 63-,6 27,3- 93,P5 515:,92.591
28. Materials and supplies.........................----- -- ---602,31,50 529,310,83 496,807, 439,210,195
29. Interest and dividends receivable--- ------ ----- 28,143,667 23,139,684 23,867, 50 21673,023
30. Rents receivable-...---. .....----------------..... ----- ,632,66 20739 1,?524,07 NET INCOME-ALL CLASS I RAILWAYS
31. Other current assets-.--. ------------- -------- 64 54116,373 60, ,730 4,0,175 MILLIONS OF DOLLARS
32. Total current assets (items 21 to 31)..-------. 4,574,945.426 4,286,655.594 3e830, 72 )3,409,410,919 I O0 -- .3,' 4 -I
40. Funded debt maturing within 6 months4/--..................... -- 267,469,901 81,151,595 250,200,869 62,387,158 1-0
41. Loans and bills payable ..--- ...-. ------------ 12,188,386 1l,92,602 8,350.000 1,000,00o 0 20
2. Traffic and car-service balances-Cr.---.----... 216,160,195 152,428,113 L~,70,621 113,209,326
Audited accounts and wages payable ----- 429,672,08 383,918,h19 35939,501 322,910,799 1 0
Miscellaneous accounts payable-... ................. -------- 128,586,948 113,837,3.6 9 ,202,616 88,851,580
.Interest matured unpaid-- ----- 59,974,307 55.950.02L 54,188,320 50,878,74a
41. Dividends matured unpaid. ------------------------------ 15,057,93 15,154,565 i,777,919 14,874,548 80 --
47. Unmatured interest accrued-. --.. ----- ----- ---- 65,180,932 65,026,143 60,543,158 59,.13,118
4g. Unmatured dividends declared..---. ... ---..... ....... 0 7,475,62 7,410,890 ,. 7,5,6702 0-0 .. .... 2_
9. Unmatured rents accrued 258 5 23,77 2 21,8 0 1. 2 21 20,117
SAccrued tax liability--. --- ------------- -1,.793 277658 1,614,77,-48 1,531, 650,914 1,401,830,0 4 .
Other current liabilities-- ------------------ 100,091, 1o 74,312,869 64951,229 53,821,292
. Total current liabilities (items 41 to51 .. 2,852,186,326 2,521,150,421 2.385,649,769 2.134,483,420 20 ,oH1 -- --- ----
53. Analysis of dccrued tax liability: JFMAMJASON OFnA M 0 JF:AI> 0
53-01. U. S. Government taxes 1.. ,6,018,271 1,13,42 9 1,398,810,362 1,268, .0159 P t JJA NDJFA J
53-02. Other than U. S. Government taxes. .. 16o,229,387 I,35t,9 132,840,552 133,00,691 Z 19


/Represents accruals, including the amount in default.
2/For all Clase I Steam Railways the net income was as follows:
Period 1944 1943 Decrease
3 months ended September ... $180,397,568 a 249,690,616 *69,293,0 48
6 months ended September ... ] 54709,990 493,989,251 139.279,261
12 months ended September ... 668.663.220 1.o36.19" .690 367.b31.470
The net innome shown is after deduction of the following amounts taken out of pperatng
revenues to create reserves for land grant deductions in dispute: September 194, $3,367,881
9 months ended with September 1944, $34,707,542.


3/For railways in receivership, and trusteeship the ratio was as follows:
September 1944, 1.82; September 1943, 2.43; 9 months 194U, 1.81 9 months 1943, 2.61
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 one year after date of issue.
Excludes reports of 3 roads whose net income (or deficit) was absorbed by
the controlling company
# Figures include returns of the following carriers which emerged from
receivership or trusteeship on the dates shown: Akron Canton # Youngstown,
February 1, 194; Chicago & North Western, June 1, 1914; Minneapolis & St. Louis,
December 1, 1943; Minneapolis St. Paul & Sault Ste. Marie, September 1, 1944;
Missouri Illinois, June 1, 1944.


Subjct to region


Statement No. M-125
SEPTEMBER 1944







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


CriED INCOME ITEMS BY REGIONS AND DISTRICTS CLASS I STEAM RAILWATS

FOR NINE MONTHS ENDED *ir SEPEMBER, 1%M4 AND 1943


Pa 2


sa .a rmlIa ms zoom rsass nacom a se BT nz.w oEIAmm runau 13001a DIIoDn p an
Region and railway I Um APPROPRIATIOQNS 110010 A C PPRoPRIATIONS
Belon and raly S Region and railway
1944 1943 1919 193 19 1943 1944 1943 1944 19143 1914 1943 1944 1943 1914 1943

itt.d State. al *................. 47.881.5a, 2 .082.556,134 8502.930.968 708.?55898 )1.016.235.424 81.066.36.883 n6.on071,.009 $116.T 561 ISothern aon. gcntinue .
asterm Disriot total ......... ....... 87.706 398.410.975 167.491.932 25%.905,80 247.210,.1 308.320.094 29,763.7 299.0.990 Columbus ant Or -rill ............... $80,9186 2.374 97,985 0,59 .876g *328 8-
orida E-at oaut ...................... 4,6,09 7. 71192 1.571.010 5,582. 3. ,85 3,69,975
Mw ans ad adon Total .............. 28,79.6a 4l.701.378 15,995,852 26..077,101 15.59.051 1. 468.1 U 324.16 38,210 eorgi iLL s e Or taation ....... 2,21,,6 3.116.396 1. .857 265396 -
Bangr ana roo.sook .................... 1.046.38 1,089,968 643.148 639.019 .,a5.786 460.720 239.250 239.250 orgiae sathrn and no rl ............. 5Mn,790 762 2 749.000 1.323
. toa and aine ........................ 7.719.907 9.637, 47 4.367,495 5,973.365 3.05000 4.375.000 Ialf ai hilp t & ..................... 319.0 7 10 --
ssda Peolflo Lines In Maine ...... 1, 8 1.9,167- A e amtl ................. ... 19.13,314 2 .76,809 1265128 1 5 26. ,000 16,219,000
canadya PtPcfic Lines in Vermont ....... T 4 .- Louiiellaidna eashvilne ................. 18,6090 19,677.252 13,045,663 13. .1579 37.123,880 42,650,380 5,850,000 5,850,000
OCtral '. .t ......................... 6130 1.059,1 118,125 94.00 Msi.appi Cetra....... .... 2 2 907 19979 ,7 1 295 108497
alnb Ceatt ........................... 1.3 2,065,092 7. 1,225 1,229,611 1.131.091 84,916 108,960 N rille Ohattanoop A st. Umts ....... 2,820,54 3.6 .072 1.79,5?3 2,54,725 3.597,182 5,7,669 255.98 255,912
N Tork t .......... .......... 1 1,037,10s 516,231 39.1 5 255.000 25,000 I Orleanu and orth tem t .. ............ S3,965 1,292.991 697, 7 1,086,43 1.9.85 0 3,181,000
STor, ei ad artfor ...... 7 26,43,14 1176379 19,36366 9535,59 12,192,200 Norfolk Southern ......................... 5 332 72,5 254.91 437995 291996
oant ... ............................ 44.150 236,942 .697 5576 Seabard Air Line ..................... 16,91,798 26.050,04 7,019, 16,30,532 14.,850,000 11,200000
South n......................... ........ 4,71.365 27.333,107 15, 77.1 18,036.377 40.332.000 46633000 2.596,100 2,596.00
oreat Ltakcs e~a Total................ 119.1j ,7 15.413.,4.06 57.585,386 95.1471,.9 10sa21,l0 lk8,472,B20 9,7140,070 9.g88,665 5mlne. Otral ...t..;............. ..... 02,943 661.90 232,553 675 218.524 .262.34 70,000 17,500
S we.ter a ailw o. Alaba ...........606. 510,6 388,172 4766 903.173 952.716 105,000 120,000
Ann Arbor ............... .....514219 620.102 331.393 16.16 231.464 417,74 Tems and Ma isselir i Van ............ 7,65, 1 4,3,725 1,718.653 2.78992 3,103250 2.8l1;250 -
cnnbria ranIndiana .......................4 38 3906.8E2 .4 3164,462 678,197 581,268 180.000 180,000
C^bzi ndlnd V ^a ;........ .t. lI:.037.009 99T.633 *3:000 2.R2 000t M.................35.616 7362.08 .940 55 296.in.335 ,2.447.22M MAO` 9.780,772 40.667.599
Delaware nd Edon .................... 6,596 326 7,099,623 6,037. 3,997,633 1,32,000 2.642,000 Teeters Distract t. ..... ...351616.18 73,162,960 .05,11 296,171,35 214147,222 .657.103 978,772 40,667,599
Demarn. Lackawannaad Western......... .381.892 9,582,050 9,2.778,229 613)294 4,230,000 ......
Detrot and Mackinac...................... 0 199 :25,0 ot e ad t ..............2.1 1 51 8 0 2,1600,0 3
3n o. ........... 48 3 To 3, rowth ernauI saeLn-Toal .............. 109,246,116 ln ,S%.5D00 %,57 ", 1,)SD.0M 72.,389,160 N,205,789 3.,931,59 7.972.968
Dettit and oledo Shore Line ..........., 6989 U42147 3 240,000 330.000 -
aril .................................. 15,238,533 1332.690 5, ,513,869 10.41o.0 3 18.967,3% 3,.244922 3,232.912 baep and North ester ................ 17750,a 27,697,3 12 1 16,412,5 11,500000
Grand Trunk Western...................... 3,01,4 ,875721 1 9 92 oh o oret Weste .................... 2. 065 2,814.13 1,636.20 2,41,857 1,637.100 3 66.0 915.269
Lei.gh and dn .ir.... ....... 205,144 229,322 2 59 3.269 94,140 164,745 Chi ge, i1at~eu., St. P? and esnPifi 23,96 341,673,027 8,109,16 25.508,762 13,289,000 14634. n -
Lehih an tI w angnd ................. 1,012,712 1.053.67 M,06 .667 3,221 5 995 ap, Sta npo a O 2 691 7695 1 ,188 372,000 568,125
Lehigh Valle .......................... 9.132.175 10,200,520 2.090.50 5.059.675 2,35,o .Dlnth., lsabe sanIron g ............ 9511,139 6,79, 8,5434 6,114,312 5,905,565 9,392.675 4,112,500
MYdtour ................................. 596.403 09,25 583.5 8.01 48,206 43.053 Dluth.T slpad n Paic .............. 2.... 6,633 1 1 5 -
n Tor Ctral/ 1................ 582,36 68,94.00 28,540,897 47,941 5 ,556 71,185. 3 3 .223,69 r rth ..... .................... 2303968 22,27939 1 20,692,076 23.924.307 2,498,899 2,49899
sNw York, Chicago and St. ouisa ........... 8375,3 10,318,300 5,220 6968 000 o 1i8,09 rn ey and Westen .................... 167 379 .9 197,919 112.50 125000 125,000
Iw Tork, Ontario and Weatir* .. & Lake 5uprlor AIshpeilg g................ 0995 73.062 05,643 401,672 321,300 321.300
PiJ'ttsburALk and Lane Di 'he 7-3. o ......6.062
S~orik Snquoehaaa t7n 1...... .. 3. 2an. 258.974 Mn po. s at. .JouI .................. ,28., 2.71 1,902 .82 992.202 75.000 300,000
Per UMarquette ................ .... 3 981 2282,0 3.1,7 2,751.21 3.536,077- Mtneo St.. o Patl A salt Ste. I.art* 7.375.10 6,0 A. 1. 6 9,200. 13,4205210;
Pittsburgh and Lakle Erie ............... ,27.73 4,83,$ Q 7 4, 0 4 4.,627 U6 5,620.014 2,159,125 2,159,125 IWorthen Pacifc *............* 16.690,82 23.47,1 75 .047. 1.O oo200 13,451,060
Pittbarug and Shawnt .................... 189.9 619T 10,896 5,121 spokan international .................... 179,925 233,304 91.78 97 106,629 310,927 -
Pittsburgha & est Virginia ............... 1),38102 13. ,991 8 79 936282,756 483,347 pokan, Poortld ad battle ............ 2,999.647 4345631 1.399.238 1,782,43 602,406 1,300,000
Pittsburg, Shasmut and Northern* ........ 6.6j i ,.. M A. -
bash .................................. 6,673,086 4.792,477 4370 626.2 13.630.635 14.588,437 598,15 598,18 Catrerl Wester l on .. al ........... 7, 45 222,011,716 107,559,853 51678.2 8,6262 5,18,666 3,61,24 31,78672
central hters n aon Total.......... 161,905,34 204,293,197 94.310,694 135.36. 8 123.43.919 141379.163 19.699.45 19,60,11o lto* ............................... 3,000,247 3.109.544 1,62,866 1,776.112 3.17,035 5.14.
Atohison. Topeka and Santae a........... 40,125,367 45,359,031 4,269,104 38305.45506297,14492,365,000 14,026,090 14,026,090
Akron, Canton a Youngstown ............. 596,525 769.209 396,435 202,137 283,685 322,610 220.380 Chcao, urlngton & Q ................. 20.101,145 32,71,092 14.679,060 26,78,399 34.301.153 29.880,167
altimore an Ohio ..................... 34,10,122 51.537,688 l8,078,000 32,932,514 24,681.955 1.196,499 Ch$ag, ook Island and Pifi ....... 22,672,60 32,368,078 l.212,076 23.012.01 22,000,000 15,100.000
Bsemer and L.ke r .................... ... .391 8 1.713,698 2,276.522 563,348. 14i83,.4 2,.4,50 alorao and southern .................... 2,108,00 2.355,520 1,65,499 1 0 2,644 1,038.759 735.9%
Central LB. ofaR Itf JTrst ........... 4,176,796 5,008t9 945.886 S1.58,683 o 0 91~ 000 ColoraLo a ming ....................... 293.600 196,160 239033 135.639 1 9000oo
Chicao a Zasten Illnois .............. 2.119,13 3.101.315 1.188.337 1,02318 1,291,000 767,726 767,726 narer ad o oran e n0.......... 10,527,78 13515,00 11,28 8,977 2,515,300 5, ,00
Chigo a minois Midand .............. 733.838 T.a 490,36 497,53 1.083,000 1,047, Dever and Sat Lake ...................... 659, 667,881 248,621 420,972 61000
Chicago. na4acapolis and Louville* .. 1.983,965 2,506,464 7,748 1,61,373 579.111 290,000 ort Worth and Dwnvr OU ............... 2,251,4 2,83337 1,628,729 ,96 1879,7 1.86357
Detroit, Toledo and ronton ............ 1,1909 1.855.112 1. 1.07. 645,811 91r,27 190.6614 0,664 o ..................... 4,191 871,473 L .JIA ,64 -
gin, Joliet a nd Eatern ................ 2,42,985 1,4.6,590 1,909, 930.951 4 1,707.138 2,959,452 southern Pacift ............................ 30.74892 i46. ,181 5,958,033 8,059,523 554741,6 58,709,68 6.602.335 3,772,763
Illinole Taminal ....................... 1 ',045, 7 1.153,151 646,a 46.,176 1,8s18,0 1,2,000 375,000 50.000 ; Southern Paflo Transportation System 4291,107 66, 4 29.017,018 5203 179 8,3 79,03 79,542.368 6.602,335 3.772.763
Long Ilan.............................. 2,9873 3.753929 1,0.o ,3s 2,896,92 424,251 87,289 Toledo, Peoria Western I .............. 1,32652 1,H 1 ,7r.7 1,736,735 -
IaInourl-A noi ....................... 318,95 364. 322.673 442,400 575.000 -n Uon Paciflo .......................... 27,782,703 31. 2941.l06 320,005 77.000,000 0,000,000 13,984,819 13.984,819
Pennsylvania ............................ s30 4 105.084 53,255,779 74.212103 68,461036 85,1,l. 95 13.167.75 3.67.754 Utah ............. ................... 95,15 107 6 416 1,19 23,00 -
Pancylvanla-Radian Seashore ........... 055.9 1,63 7 113,20 884,630 309,79 30,812 Western Pacfic ........................ 5,187,228 8,813,717 2,61,233 6,35,3557 6,178,000 5670.300
ading ................................. 1,710 0 13.217,.47 6.3 5 8,371,.37 10.2667193 3, 3,148
State Isl.ad Rapid Transit ............. 915,255 908.158 5.130 17,1 uthe a Ttal .............. 81.523,21 106260,724 41,922.315 6309,850 9.53264 1235,869 910,959
western arylnai .........................5.5.05.9T 6. 028.1% 2.8,71,94 3 7,452 3.2,0 2,2000 1 31.19.,0-.
Whealing an Lake Irte .................. 2,4i,792 2,928,673 2,215,515 26S6 6 ,61,000 .4,00 1,529 2 1 ,529.
-a-unt, Sor Lake & esterns* .......... 1, 4 8 27, 7 1,146,015 80s9.g 3,030,611 1,475,Qo 00
Saoutheria trit alt ............... 179.380.630 210,982,219 129,383,924 155,178.683 256,578.092 275.529,686 46,526,506 46,261,972 sington-aook Islad ................... 4 7,497 a.
-- -- .. -Inernat.lonal-Gr.at Northernr* ........... 2,585,4 3,210.691 70, 1 22,.026,5 42 3.381,500-
Poshantan raon Total ............... 52,522.229 53959.857 .%216,453 4774799 77.254.329 86,120.46 32.671737 33,11,189 E oityr southern ..................... 4.355, 4191, 2,81000 2,95,664 5,1195,000 5,34000 210,000 -
uns a Okahoma a l................... 719,655 5,1 562 3,107 530373 323 2 2 4 93,384
Chesapake nd hio ................... 25,236.000 28,166,149 20,989,088 23,637.179 32.028,60 40,410,832 17.229.047 17,6.628 Louisiana & Artanas .................... 1,727,6 1662, 1,031 4 9 8 3.097400 3,225,000 225,000
lornfolk ad wt tern ..................... L 32,1 17.168).77 22,919.649 16.485.7 31.775,000 31,650,000 10.989,995 10. 69 iand aller .................... 7...7...... I.79 0 10.,30 9 82 10o.31 71.1 95
RiooMmnd, Treaerickbuirg and poto.a .... 2,88,63 2,986,96 2,51,322 2,965,965 10101 10,951,967 430,0 435,29 lsouri and Aunsa ................... 185.18 23,023 153,006 3 120.739 9.762


k a Cty aAtoka .................. 991 24,617 ,216,699 181,04
laubea Oneat southern .................. 1,.473,478 2,133,507 1,828,966 2,390,335 3,819,000 4,86,000 1,008,932 1,008,932 St. Louni, Bronsvillel and Mtioo** ...... 177,461 297.1 1.65799 1.63, 3,591.603 3.585000 -
Atlanta and Tst Point............. ........ .300,748 370,818 317.3118 389.989 .,8 966.757 61.590 731908 st. Loul an .ranoi.. ....................12365,929 17,330.627 3.662,4 82 3 9,780,000 6,071000 -
Atlanta, nirmingae and Coast ........... 2 83 5.388 324,228 612,158 40,000 650,000 St. L sen Francisco an Texas ...... 326,83 818,989 3,992 669,652 668,000 5214,000
Atlantic Coast Line ..................... 10,694,730 12,.8048.3 9,839,783 11.785,991 28,150,000 34.000,000 1,240,059 1,2140,059 st. Louis Southweetrn** ................. 7,807624 8,526,232 5,799,857 6,0,302 16,095.907 13.208,458 -
Oatral ofr orWitaee .................... 4,9.98 6, 43.941 1,396,564 3,355,621 1,532,417 2,281,268 San Antonio, erald. A ..lf*. ............. 1 T5.891 36,67 d 12.4623 72,000
lharleston A Wstern Carolina ........... 595,201 6.232 9,150 401,261 410.000 435,000 72,000 72,000 Tast anid So rleans .................... 9, .815 20,,27 54 6.312.7 17.131.518 25.904,351 20833,200
Oincianati, Ne Orleans an' Tas Pofic 3,23.918 4.633,977 2169,323 3,331,600 6,506,000 6.707,000 1.886,002 1,886.002 Texs ant Pacific ........................ 5.015,43 6, ,759 2805996 4543,924 16,66,000 12,107,435 592,575 592.575
OClnchfiel ............................. 4672,653 4.097.419 3,035.6 2.61.865 520,727 520,158 s onio ................................ 460 5 51.507 339.466 32,195 160000 94,392 -


* Report of receiver or receivers.
Re port of trustee or trust s.
A Deficit or other reverse ite.
Formerly shon as International By. Co. of Maine.
Includes Boston & Albany, lessor to low Tork Central R.R.


SInoludes Atchison, Topeka & Santa Fe R., Oulf, Oolorado & Santa TP Iy., and Penhandle & Sante Fe ty.
Data not included in total. Includes Southern Pacifi Company, Texas and Nw Orleans & R. Co., and lesed lines.
Operated by Ped.ral Mana.ger.
U. S GOVERNMENT PRINTING OF


FFICE : 1944-0-597260


/ 'V> -
''***.




^e5/ sTe.a#:. / 4 -V* -


Subject to revion


UNIVERSITY OF FLORIDA
11II I 1111iG11 IID DIGIIII INTERSTATE COMMA RCE 'COMMISSION
3 1262 08851 2099 BURBAU OFTRANBIQT AOD STA~rATI SffT C

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


Statement No. M-125
OCTOBER


UNIV. P FL LIB.




U.S. DEPOSlTOtY


Compiled from 131 reports (Form 1IS) representing 135 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)
All Class I Class I Railways Not in
All Class I Ra as Receivership or Trusteeship#
Income Items For these enth of Oetober F1 r the tmen nths of For the month of October For the ten months of
19s414 1903 1944 1943 194 1943 19 44 19 43
1. Net railway operating nincome--.....----------- -------. 4 1.266 fixf.... ...3, 2. 8, 66 .156..i..l 9 7 1,556
3. Total income--- ---.........---.......................- 112;189,;75k 130,:4592 1,,,41i 1-4 1,338,968 925,60.,0I 104,6144,913 9 57
4. Miscellaneous deductions from income..--------.....25.....-------- 2,66,9 ,"O,25. 2, 28745,100 26,733,150 2,377.6
5. Income available for fixed charges...-...-- -----------109503,0 12,371,61 1,9"eU,23 1,312,900,233 9,g92,00? 1201,76,813 865,725,591 1,038,0,31
6. Fixed charges:
6-01. Rent for leased roads and equipment.---........------, 6 1 14 8 712,966 123,767, 1029
6-02. Interest deductions/ ...-... ----- 33,787,835 35 101 3 .l'.. 39?2,8 ,25,816 238,777.'
6-03. Other deductions...-..----- --.--------181,-1,- I66 t 38l '
6-04. Total fixed charges........-...---...~ 6..-- -, .... 22 13 16 6 81 363 5
7. Income after fixed charges.................-------------------- 62 7 2 ,5 5 3, 4
8. Contingent charges..... ---------................. -------------------------- ,78 6 : 9 6

10. Depreciation (Way and structures and Equipment).. 27,280169 26,1: t ,019 ,02,26 744 23.106,9 22,4 226 ,029,221874,773
11. Amortization of defense projects.........----------------...... 17,042,773 13.608,927 1 3147 114:95333 1,70,020 12,4,92 134A, 104,374,290o
12. Federal income taxes..............................-------------------------------- 119,901572 108,382,811 11 ,0o56,451 1,174,689,695 101,195,897 90,656,734 968,371,398 1,018,774,725
1). Dividend appropriations: 1 7 4917 9
13-01. On common stock-...-..................2.............. ................. 14 458.204 2,1 ,61 1 ,5 5,7 9, 7,9 7 1141458,2014 2,31,561 109,525,73 9 8 97,91 7
13-02. On preferred stock..............................----------------- --. 4,6 272 ,781 ,676,75 6 25,1,553 4,673,272 4,71,378 25,676,7 25,188,553
Ratio of income to fixed charges / (Item 5+6-04).... 2.33 2.58 2.25 2.60 2.48 2.62 2.38 2.60
SI Class I Railways Not in
All Class I Railways Rceivership or Trusteeship
ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS g/
Selected Asset and Liability Items Balance at end of October glance at end of October
1944 1943 1944 1943
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)-..9379,238 $86.916,554 .702.0014 6 79,0 umber of mount Number of Amount
92 0181 ___ reports reports o
27. Miscellanus ac ts r va--------------------------- 1,262,1,21,160,2 1, 4j 61,1 962,120, 9 repe 11
1-.,s6 1o,6e,691..2,48 October .. 1944 1 1 $61,728,37 20 1096,9
22. Temorar depo2si t mets.2 10.months. 19411;108al...................................... ......----,----.....---------0 --n-h !9.2 6 060 122,,:J 71 Ooe92


T2. Total current assets (items 21 to 1) 4,781,80.4 .6 .64 3 ,6 210 3),9.623.095 160- II--: I




N0. Funded debt maturing within 6 ..n.h.. .3.S.007 8 80. .8.6 .26, ,44.8 .61,30,423 I,-0 -------- L -- -
41. Loans and bills payable.+ ........ .. .. . 1. .8. '20 I f I
42. Traffic and car-service balances--Cr...-----.--- ----------- 1, ,* 0 .month. 1943 115 '89' 13 5,2879 1
24. Audited bacounteivbles r and conducwages payable ..ors....-,
7. Miscellaneous accounts paeceivable.------ -----.------- ---6295. 8,'6 19,, P6 52: 7 31
28. Interest atured unpaid.----------------------------- 3 16 4 52,5 1 1 4I8---
Materials and supplie ..................i.......... .



29. Divi and diviends returned unpaid ab..-...-....-----...... --------- ... .. NT I- AL C S I

o. naturedn rents accrued- 6--- s40MILLIONS O DOLLARS
t cured tax liailit----..---... -------------- ----- ..-----.--- .210" I ,., 45 2* ?........ I -1,, 6- -I






Other current liabilities........ ................-......--- __l...g....... iP- 872f ? --f. .O 9 t
2. Total current asselits (i teams 1 to 31) ...... -034,.9,80. 2.67946 231 42 .3,6193.290 2 3,57 9, ,095






4ATa sics ofa cr-sd c a aiilinty: ceaC r -------- ------- ---209,103,O
40. Funded debt maturing ithin 6 mo nt taxes- -- ...... -- .....--..... 23. 007. 6 1 6.5,7 1,61
41. Loans and bills payable -.----------------------------. 12,138,6 20.602300000 000,000 120
Audited accounts and wages payable----------- --- 14 a7343.2091 71 100
Intres maure unai--------------------------- ----" 11.4
344 Miscellaneous accounts payable ------------- -------------- ---130 W 1: 8
Dividends matured unpaid ------- ----------------------- -, a3 71,
47:. Unmatured interest accrued----- ------------------------------ 9 6, 1
4. Unmatured dividends declared --------- ----- -11.12,8010,A 11111
Unmatured rents accrued---------------------------------- --28,1141 0
Other urrenta liabilitiesy-----------------------------6 1
Acercuruedntaxliabilityes--------------------------------------------- 2.0V
-Total current liabilities .(items 41 to 51)__ 3034,995T6118 2, 67 -2I.636.1 J5 0 2. 253. d222Ok1I I
53. Analysis of accrued tax liability: M^ 4^SONODJFPAMJJASONDJFMA P 0ka
53401 S. Government taxes------------ 2 I2t 1 0,
53f 2 Other than U. S. Government taxes iS~,~o 1,s Z2,U6 a 1245,7 127,618,091------ NOIN


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


Period 1944 1943) + oae"


3 months ended October ..... 1 4? ,1,1 236 2
6 months ended October ...... 0
12 months ended tober.r .....


The net soaoe ehoin 1i after 4dduotlon of the following aSoun ten OUt of eop*rtln;
revenues to Oreate reserve for land grant deduotions In dispute Ootober 1944, 63,517.,1
10 months ended with October 19414, 38,224.,853.


3/For railways in receivership and trusteeship the ratio was as follows:
October 1944 1.84; Otober 1943, 2146; 10 mnOthe 1944, 1.2; 10 moonths 1943, 2.60.
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.
4/Includes obligations which mature .not more than one yearafter date of issue.
/Excludes reports of 3.roads whose net income (or deficit) was absorbed by
the controlling company.
I Figures include returns of the following carriers uhioh emerged from rea o frship
or trusteeship on the date, shown! Akron, Canton & Ioungstown. February 1, 19";
ibeago & Worth eVste, Jn e 1, Q44; Minnepolis & St. Louie, Doiebeer 1i 1913;
Minneapolis. St. Paul Sault Ste. Marie, September 1, 1944; Missouri I.1212.0
June 1, 194.








INTERSTATE COMMERCE COMMISSION
BUREAU OP TUS ORT ECONOMICS AND STATISTICS


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

FOR N MOMIS E NDD WITrH CTOBER, 1944 AND 1943


m aLr amrI m sr xooan mEnaU Isooi00 DIMmD Nr aUILLYr OPaaINaIO m= aIBu rneaos orIITmM
Inoo 2az B APP20PranIa- NI c coWo asa APPapuamxoli
> gion and rsalway egion and railmy
1944 1943 1944 194 1944 1943 1944 1943 1944 1943 1944 1943 1944 1943 1944 1943


Isten Diltreit 0 .al................


lawi nd1. agion Totl ............

banor an Aroostook ..................
Boston and Maeu ......................
Canadian National Lines in New n
anadia Pacifi Inee in Ma te .....
Oanaian Pacific Lines in T~ tnt .....,
Ontrnl Vernont ......................
MIUn OCntra ..........................
..; York COnnectins ....*...**........
SI Yeork. l, sw I en and Hsrtford .....
A nd .3 ..............................
5A* e .. so Total .............

or .............................
iand Indian....................
D mand audson ....................
D Lackamns and Westersn .....
e sto and Maokind ...................
end toledo Shore Line ..........
,t ..................................
Le nd Idson u iver ................
Sshigh and nw nland. .................
eChigh Irl*l .........................
Mosona hea ..........................
Montour ................................
ln Tork Otral )/..................
ow Tork, Chicago and St. Louis .......
lo YTork, Ontario and Weston* ........
law ork. quehanna 4 Wstern* .....
Par*e Marqutt .........................
Pittsburgh and Leke rit ..............
Pittsburt and aamt ..................
Pittsburgh Vest Virginia ...........
Pittsbur., Shawut and Northam* ......
absh ................................


Central hcterm lion total ..........
Akron, Canton oungston ..............
Baltiore and Ohio ...................
essmer and Lake lr ..................
Central a. of0 I Jner ...........
chica 6 tern Illinois ..............
Chioao & Illinois Midland ............
Chiaoe, Iadianpolis and Louismile**
Detroit, Toledo and Ironton ............
Ilin,. Joliet a eastern ...............
Illinois terminal .......................
Long Islan ............................
ise our-lllinot .......................
Pennlvan ...........................
Penn rTanim-leadia Seashore.........
PAual .**************... ........**
taten Island apid Tranit .............
stern Marylan .......................
heelng and Lak Irie ................


os nous Daurses 1


5498 315 436 $1 195 86 0


433.445.8301 185,198.477 276,460,093


274.444,037


338,755,557


. ... I


1. 179.479 1.423.77
8,94 105,


16,602,672


r 733.048
4.831.891
I 1 I


..I 6.-..4m .- -


624
43.625
11,4,147
*195. t


28,771.755


9,428
4 4.42
* 1.469.967



367,549
21375,761
126,926


17.,747.072


1,479,020
3,541,000


133,100
1,228,423
355,000
11.010.529


20.,43.271


657.320
4,691,o000


107,100
1,162,4m01
220,000
13.045,450
I


. 239.250
,



99.593


402.690


239.250




163,W440
IS


-4 1 2 2


.,565.99ga 102J03.937


443,710
448:143
4, 74.941
3.971,713

8,277,131
--M

1.769.417
270.155
913.92
5. 6.3W1
.192
634006

7.726,322


3.67,757

1,796
7.091.346


7,763
43 507
2,
669,404
31127,567
5,893.

2.53.072


117,498,530


.251
.100
1,402,000
960.294


63,667
351.01
596,245
1.955,000

5,0,342
15,930,000
250,058
2,859.216

1517,0


155.733.413


493.9S4
1.95.569
3.872.000
25.200
418,9~58
18.318,862
1,098,192
352,901
663.180
4.2,oo000
470:064
20,052,000

3.751.97
6,027,585
103.343
525,329
16,793.8064


10,987,967


180,000


260,000
4,472,819
94,140



3,223,697



2,159.125.


598.186


Si I 11 I 1 a


221.875,023 104,029,813 145,189.391


139.198,435


162.538,873


20.235.931


11,511,262


180,000







374,700
3.223,697



2.159.125


20,140.551


I 4 I. 4I


41.7344
19. 6370o3
2,543,590
1,o09,336
1,251,704
1 4;,72
972.977
1.282.919
2.15,1147
722,690
1,097,825

58.9.723


3.291.612
2.,490,871


223,.12
35.416. 42


1.966,22
1,659,1
143.762
2.936.354
78.91,.357
04.990
9.528.881
4.991.790
2E991.790


27,855,955
1,.60,033
943.000
2.355.6
630.153
677.79
1,77.940


78,a4t3,8
10,1,350

3.BU4Z:0000
5,.092,000


356.410
24,216.499
2.957,22
1,100,000
3,212.000
1166.9419
.927
3.94130
:1,63100
9817,60
655,000
99,122.908
335,597
12,225.193
127,068
3.372,000
6.193,000


220,380


767,726

490,6f4
375,000

13,167.,75
3.42.,390

1,786.017


. .. _


232.HI.850 141.387.935 169,baas


283 878,.u8


30o.065.203


51.111.477


767,726

490,6&4
500,000

13,167,7;
3.428.390

1,786.017


A gg agan consism


leufastsu ad Oravilr ..e.................
Fnorida ast Cooast ....................
aeorgia I.. Ies Organiation........
Oroia a nPlorida .......................
Georgia Southern aid lorida .............
olt and Ship Islan ....................
Salf, Mobil and Ohio ....................
Illins Cntl .........................
odallo mad asluhville .................
issiessipi CeOtnl ......................
ushvill, Chattanoo &4 St. I .......o
Iw Orilmna mad lorthotau n.............
orfolk Southomn ....................
Seaboard Air n .......................
Soothrnn .............................
tmeand O Central .....................
veetora Rai.w1 of Alahm ..............
oo an Mississlipp Valley .............


10oo,159
5,.12,833
2,510,912
107,934
5f6,241
306.445
3.904.240
20,671 .796
20,533.6
306,161
3.057,854
985,975
635.11
8, uoo3
27,32290
.435
.454923
4,279.387


s4,.466
8,472,0O8




27,010.253
21,928,092

1462,.004
28, .
30,6100
561.,83
4.957.915


*121,014
1,51,596
2013.721

29d P-0
7a.8 3



1,925,0

7,710,611
17.400,8594
223,207
422,515
2,007.350


6,1 4
,8US2k01

LM0.4
8.083.7770




17, i,172
19.761,50
504.325


*76,57,4
,876.874885


814,000
13,000
2, 61044,
29,940,000
40.970,800
14,04,067
4.oi034'
2,186,000
200,187
16,375,000
14,637,000
a51679
976.,63
4.350,500


18,649
3.669.975

1,.32,000
4.162,00
18,567,000
47,,34.400
U4.301
6,662:479
3.490,000
382.612
12,700,000
51,003,000
292.o S
1.038.l22
2,959.500


708.8so04
8.190.000
511.964


4,320.,050
105,000
105.000


5.850,000
767.946


3,346,400
17.500
120.000


stern Distriot total .................404.723.739 530.309.657 236.250.851 337.983,379 5.734,296 0.868.935 52.58.2s,67 43.166.498
lorthumnta aegio ota .............. I.492,9410 167.863.232 66.399,88 96.836,369 82.114.009 88.427,142 15,699,029 0,471,867
Chicago and lorth Wtern ................. 19.97.977 32748.252 13,737.961 20 352,476 13,5.000 ,00000 -
ChicU o Great Western ............... 2,633,745 3,20s,337 1,89708 2,35 09 1,06,200 3,56,000 686.460 915,269
Chicago, Milmnk, It. Pul un Paifi" 27,050,097 24,082,92 9,44,715 29,182.48 14,65,000 17,33,000 -
Chioago, Saint Paul, Mintampoll and Omha 2,891,992 4.229,375 896,208 2187,995 472,000 791,996
Duluth, Mils and Iron 2lns ........... 11.313,296 1,2 570 10,58170 7,485,352 7,040,528 U,428,514 9.253,125 4.112,500
Duluth, louth horse and Atlntio ....... 575,821 965.041 253 -
Duluth., Wiapst an Pacif to ............. 216.932 270.991 1.6. 1 o.Wg -7ooo
reat Northen ........................ 26, 43.176 25.423,290 U x 23,936,615 28,473,50 5,013,14 4,997,79
rea lar sand Western .................... 147,559 52,99 62553 477,059 22,,5 125,000 1,25.000
Lhk hsqprior & Ilshpmg ................ 749.65 09,972 758,48 814,635 478,059 417.219 321,300 321.300
Mimo polite St. Louis .............. 1400,848 3136556 1,299395 380, 1258,203 75.000 300,000 -
Mineapoli, St. Paul & Sault Ste. ar ,027,518 817346 845,303 1.43a 15 420 -
lortlhs Paotto e ......................... 19,929.53 28 : .0258 16,46 1500 11,k5.483
Spoke Interatonal .................... 196879 29,72 97,981 1 91 99,914 287.115
Sp Portlan and Seattle ............ 3 249 4771.228 1.683,209 195997 59,724 1,50000 -


otral Wetern Region Totl ...........
taon ..................................
Atchism, topkn and Sat / .........
ChlQoa urli ton & WaTnr .............
ChlcWao, Book Island and Piof *.......
Colordo ad Southern ....................
Colorao & vron ......................
DCnr and Rio Grade Vesters" .........
Dme aa Salt ake .....................
fort Worth ed Denver City ...............
lorthwesterA Pifto ...................
Southern Paoic .f.......................
Sothoer alfic transportation /st 3 */.
foledo. Peoria & Watern / .............
Union Pacifi ...........................
Utah .....................................
eaten Pmetif e ......................


southmstern egi:om

Neoaotn, Sour Laki
Brlington-lRak Isl


........ .... O:-AL& -- -aten.toal-r
Poea tsM tion. otal ............... 58.365,90 60o,233.6s 55,85.3o0 52,174,85 85.s8,369 95,740,927 32,891,853 33,363.950 he Olty South
ttan, OkiWSho a&
chapasto and Ohio ..................... 28.62.52 31.394.307 23.344 782 26,347.753 35.607.153 45,234748 17.229,047 17,686,628 lonilans A Arkan
lorolk and Vestrn ..................... n579.14 19,316.232 25.,42,38 18143.461 35,575.000 34 .850.000 11.210.111 11. 430 Mlan Tallery....
RIemta, d Prdt.tikurg nd Potom2c .... 5 1, 59 2 195 .258,10 1 56.1 2 12,116,967 430,032 435,229 Mis66 oar an Arkans
ir an ............................... 5977784 6.241770 4.189,101 4,425471 3.526,104 3.539,212 4,022,663 4,022.663 sourt-kaness-u
t -ruo--- Positldf*


South m egion Total .................
Alaba Great Southern .................
Atlants ad West Point ..................
AtUn, birmiaham and Coast ..........
Atlantie Coast Llt .....................
Central of Georgis ....................
Charleston Western Carolna .........
Ointinati, l Orleans and T Pacific
OLtachfeld ............................


138,986,502 171.877.9821


85. 36.5951 117.309.363


2,692,193
423,397
578,152
11.810,735
3, .463.
406,011
3.730, 1350
2,602,76N3


1,944.629
353.503
34,192
9,974.192
1,38.083
4"9,752
2.748,529
3.351,371
--- -- -- --


198,013,749


4,214,000
961,852
4M,000
31,050,000
1,68o,696
450,000
7,190,000
577,898


209,324,276


5,361,000
1,026,895
650,00oo
37,25,o000
2.746.190
470,000
7,444,000
578.529


1.,219.64I


1,008,32 1,08,93


1.0oo0.932
61,590
1.240.09
72,000
1,896,225


15.101.599


1,006.932
73.908
1,240,059
72.000
1.896,225


* Report of receiver or receivers.
0 Report of trustee or trustees.
6 Defolt or other nverse item.
Formerly abomw as Intrnational 47. Co. of nMain.
t/icludes Boston & Alibany, leassor to New TYork Central 1.R.


la Orlen, toxu
OklWhomOity4-dam.
St. Louis, Brel
St. LULs-San rran
at. Louis, Sn Pran
St. Louis Southwei
ssa Antonio, UVali
em snd low Orle
Texs and Pacifo .
ln as Me lc .....


S- Total ..............

Lo ternee ..........
nWd ...................
A North* ...........
n .....................
r ...................
S.....................
. ......i...............
l ....................
um ......................
Mn es.................
I N n ...ooo....
lsouik.............
rtson a. nd.t e.. ......
iroo* ................
1oisoo and Tozu .......
t & 032 .............
Rm ..o.................
SOlf.........................
u.......................


188.233.735 245.1189,1s40o 2192, 71.397.179 p9.-6.115 p22,1W.453 34,613.24 31.783.672


3.516,510
46,706,789
22525,153
24:083.453
2.409.145
296.922
11,799.167
2.434.195
589,765
33.,9,72M
.529.723
2,02g,9:
31.U2.31
113.508
5.966.346


3,309,014
5,152,870
35,0T,6724
34.772,854
2.665.572
18,
l4.62,62,5


49,901.45
71.31.,6714
35,65.027
119.263
10O.059.470


1.98. 579
40,202.557
16,450.361
10,528.820
1.911,142
230,913
4.879.050
306,771
1.722,182
I. m.osa

32,2122
1.988.593
32,572,587
43.990
3.16 .620


1,821,692
44.238,729
28.526,552
2.376.383
2,047.29
151,210
9.572,794
365,470
2. hi.

55.58,043
1.950.35
37.3ft.975
4.0627


3.,442527
L17.909,566
39.512.153
25.500000
1.104,098
44,900
3.165,500
1.98,.697
59
5.,163,674
86,631,933
91.000,000
7.453.000


5.668,669
91,93,762
35.65.731
17,100,000
795.380
197.300
6,.415,700
61,000
2.170,966
63.#78Ts
8,2,332

85.500,000
27,000
6.530.100


14,026,090






6,602,33
6,602.335
13,98.,819


.....................-----i- ------i4 4


91.997,04 j117.257.285 ]47.868,635 69.749.831 146.334,172a t.257.34o 2.215.9941


675,998
518,993
2,875.396
5,092,774
927.4352
2, 0.360
724,227
5.344,180


297,908
1.630,113
14,16,808
Y31.924
8,860,057


521,812


1.132.618


698,466
305,766

7,596403
33.46290
1.6990
2,288,731
19,1M,.102
151,836
9,431.729
28,769
21.400,223
7,77,1480
470,179


581.360
62956
797.049

1, .188
I24,sop
2.54.391
14,202,774
1.713.179
253.409
1. 562513




9,15,
6,62.615


1,003,678

2.733,972

91,95
23,909
4.123.970
17. 98.436
I: M3
*1.77.755
9.105,410
693,002
6.73,.476

5,104, 255
334,965


3.896,.03
2,306.592
5,970,000
614.729
3,s61,400
14,509
120.739
9,21 .000
38.205.000
512.378
244.831
4,456.597
668.000
0000
18,g5,385
28.46.8259
18,401,000
180,000


1.793,000
3.40.750
5.940,000
3,391.500
75,23S
91762
24,090,000
34,507,.00
2.882,000
211,244

57.000
14,922,134

23,76,3489
13.533.435
98,873


SInoludes Atohison, topeka & Santa e y., Oult, Colorado & Snta g., and Pauhandle & Santa Fer.
SData not inluded in totals. Include Southern Pacific Company, Tesu and I Orleans 1 Co.. and leased lines.
SOperated by Pteral Manger.


1.572 700
-1
ea mah

as mao


4,026,090






3,772.763
3,772.763
L3,96, 89


93.3,
225,000o










592.575


910,959


U S. GOVERNMENT PRINTING OFFICE: 1944- 0-597260


30,928M535


45,719,479


Poa 2


i,u1,c0

1.536" 6
1,350.57
18.387.523
71,039


1.31
2,165.746
1,1245,211
28,957069
304.937


132.926,516


574.025

7,391,062
4.,763,120
,065
5.,177
16,708,637
4.332.W5
222.330
1.124.390
10,695,687
1,083.987
659.130
56,538.752
9,398,995

4,268.797
176,614
1. 52. 60
T,533, 99


165,851,32l


66,.559
477.112
8.345.984
9,392.380
35.315
630.552
15.912.697
250,181
5.:35. 1A

11,350,801
1.239,233
657,880
75,173,347
U.451,069
294:949
320.322
5, 577
226.622
1.542,347
9130555
9,816.399


179.385.094


659.687
38,091.576
3:.a;1608
M:142
2,570.446
813.994
2.302,152
1,706.691
2,733,052
1, .19773
2.669.325
470.,32


968.ns8
5,707.493
2,704.201


852.827
56,189.527
2,092,470
5,301,894
3.313.239
829,519
2,851,042
2.090,326
1,600,967
1,296.119
3.,M.8582
367.399
114,04963
1,260,143
14.8518,83
1,053,725
6,634,685
3.,2.,089


197.351.452


1,609,51
335,6:6
318.021
U.051.50

4.135.726
5.170,529


2,467,250
402t,211
543.3824
13,29i.685
7,.408,336
637,371
.,173.2:5
,5 7


asses ssu ................... g_


- .- .---i -- i i i i i i Is


i i i V


..


- I


- I


- I


!.L


I 'l


-r


-r


-r


-rI


-11


-T-


-r


-r


-r


-r


--


---


U-


tL


U


U


- I


-1


Ir


i


i


a- -. .


UntdSate Tots ..........


s





SV e t. 3 re //- o-
Subject to rieion


UNIVERSITY OF FLORIDA

IIII 11111111 H IIHM111111 i 11111 U 11111 INTERSTATE COMMEC COMMISSION
3 1262 08851 1943 BUvRAU OP TRANSPORT Orct A TATITIC

SELECTED INCOME AND BALANCE-SHEET ITEMS OF Ci4SS I STEAM RAILWAYS IN THE UNITED STATES
i. -i


Compiled from 131 reports (Form IBS) ennting 135 steam railways
(SWITCHING AND TERMINAL C(iPANIES NOT INCLUDED)

Class I Railways Not in
All Class I Railwase Receivership or Trusteeship#
Income Items For the month of November Fo the eleven months of For the month of November For the eleven months of
1944 1943 1943 1944 1943 1944 1943

1. Net railway operating income ..---------------------------------- 491,578,935 $94,179,007 $1,035 266 11,290,046,345 $73,93,8D0 $72,650,o4,0 829,140Q,892 $1,003,326,96
2. their income..............-----------------.....------ ----............-------- 22, 05194 675 71 61,91,92 21,371,050 18,080,562 1 1 61211
3. Total income....:.---------------------......... 114;38 ,720 113,645,682 1,207 ;643 1, 52,028,287 95,324:930 90,730,992 9867;152 1,152 939,10o
4. Miscellaneous deductions from income------------------- 2,525,284 2,93,146 34, 905 28375,734 2043,068 2,551,931 28,76218 25,929,698
5. Income available for fixed charges---- --.............. 11,859,436 110,72,536 ,172, ,738 1,23,65,553 93,281,862 88,179,061 957,7,934 1,127,009,3
6. Fixed charges: __ .1
6-01. Rent for leased roads and equipment......--....1..6. 12,156,61 12,l 6 O5 14 ,519 157,480,657 11, ,365 12,215,O3 135,166,766 149,419,382
6-02. Interest deductions/ /....--.---......-...---- .. 33,377,16 34,660,267 370, i5, 393,935,09 23,5,772 25,2,76 262,322,253 286,7 301
6-04. Total fixed charges --....75,6 355 7,6-1,772 517, 2 3 552 7,2 35 ,02601 3756,09 3998, 572,258 437,2 ,1
7. Income after fixed charges ---------------..... .... 6 20 081 5 7 111 ,261 5050,5,2 5 2,66 689,75122
8. Contingent charges.--.............................--------------------------- 2,700,98 2,407,199 0, 6,7 26,229,050 1,922,431 1,645,225 1, 4 ,0 178,339
Not i O ther dgedu---tions------------------------------------------------ 16,538 1, 0 1 604 43 37 6 5 6 ,59
9. 36Neti613,55 624,M3,66,061 56,33,80 148,970,127 5 1 2 671:907,783
10. Depreciation (Way and structures and Equipment).. 26,925,602 26,438,679 294, 8,586 289,813,170 22,770,980 22,312,390 248,800,311 244,187,165
11. Amortization of defense projects-...---------- .....17,519,103 14,34o,508 172, 9,247 128,685,840 15,017,015 13,194,446 150,010,708 117,568,735
12. Federal income taxes-...............---- ..... ....---- .. -- 104,381,126 106,804,141 1,242,b5,0541 1,281,724,958 86,289,790 90,206,874 1,056,408,669 1,109,212,721
13. Dividend appropriations: 1 ,0
13-01. On common stock-----------------------------64,2056 1:62113915,Z62 155,434,730 62,2700631 56,Jb23 13,905,Z3 313,5 0,782
13-02. On preferred stock................................... -------------------10277; ,00 ,1
Ratio of income to fixed charges/ (Item 5+6-04)-.. 2.45 2.33 2.27 2.58 2.66 2.35 2.40 2.58
Al l I Cl I Railways Not in
All Class I Railways Rece# .ship or Trusteeship #
-------------------- ece sip or Trusteehip ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS 6/
Selected Asset and Liability Items Balance at end of November Balae at end of November
1944 1943 1 4 1943
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) 562.37,7212 $588.890.604 535.O,218 $563,475,082 P er of un t Number of
21. Cash --------------------.------------------------1,296,882,743 1,296, 276,39 1,0 8,627 1,050,533,840 reports reports
:2 1,670, 0n 13 3:1 1,315,, November .. 19414174 1
22. Temporary cash investments---------......................... 1 1,670,10 oveer .. 19 9 6,796,5 20 1290464
2 Loans and bills receivable-...-.............-..................188- 266 0 11 months 144 11 6 2 313 15 505,292
25. Traffic and car-service balances-Dr------- ----------- 4,4 77 38,16312 28, 6,103 29,1205 11 month 1943 116 849595, 12 4,949,220
26 Net balance receivable from agents and conductors.. 145,963,917 170,709,314 120, 9,587 141,9
27. Miscellaneous accounts receivable. .......... --- ---- 636,191,316 6,4327 494 ,541 509,6,99
28. Materials and supplies..------.........---.--.-------.----- 60 ,237,127 56,007,523 502 9,977 437866,762
29. Interest.and dividends receivable. ----..--- ----. 39,150,900 33., 60b 34,' 9,:5 30,772,8NE
30. Rents receivable--.......-------2551,144 l, ,27- 1, o0,.5 1,193,58 NET INCOME-ALLCLA-I R
31 Other current assets.................---- --... ...66021.66 58821.330 62 2,35 46,907256 MILLIONS OP DOLARS
I60
32. Total current assets (items 21 to 1)....-------........ 4936.094.601 i4.605.433.720 3.901. 5.142 3,701,359,462
40. Funded debt maturing within 6 months 4...-.......-.....--------- 252.204.278 7.049.629 244 1,.632 59,146.363 10 IO
41. Loans and bills payable /.................-------......---..----11,588,386 14, 461,511 7 ,000 1,oo00 00 120
42. Traffic and car-service balances-Cr.................- ---.. 22072,24 15,50,96 1 3,730 122295,,,,,
43. Audited accounts and wages payable-...-----. 531,44.98 45.,70,414 46 1,156 386,78 5 100
44. Miscellaneous accounts payable..... ------....... -- 129,514,461 116,58 615 102 5,210 91,'7 12 Z
I4. Interest matured unpaid ........................... 50,108.547 48 ,290 37 31 3 05*946 80
42. Dividends matured unpaid ............-- 7,595,797 7,61 -,009 7,, 5781 7,- 76399?3
47. Unmatured interest accrued....... -- 76,30,988 4 127 841
4g. Unmatured dividends declared------------------......------. 77,808,792 65,688,257 7 2 --1,1527
Unmatured rents accrued -------------------704,178 31 48802 29 ,612 28,001,85 570
Accrued tax liability --..:...............----------------- ------- 1,948,018096 1,774,376,414 1,662, 9,091 1,537.24 56
Other current liabilities --.. -----.-- ..-- --... 107,290,50 82934.082 70 3,216 60,47,514
0
i2. Total current liabilities (items 41 to 51)..--......- 3,193.246.607 2,.827,815.23 2.691. .360 2,,0.0111 I405.932.83
53 Analysis of accrued tax liability: JPMAM JJA5ONDJPMAMJJASONDJFMAhMJ.ASOND
53-1. U. S. Government taxes ------ .. 181565,697 1,637,096,749 1.553. ,882 1,422,726,275 192 194 19
53-02. Other than U. S. Government taxes-......-.... 1,3,3,99 137,279,65 109. ,209 114,521,286


SRepresnts accruals, including the amount in default.
For al Class 1 Steam Railways the net income was as follows:


Period 1944 .1943 Deoreaae
3 months ended November .... $1 ,628,561 205,943,559 *28,114,99
6 months ended November .... 36,706,306 456,626,702 89,920,396
12 months ended November .... 654.175927 -925,498.512 21,322.585


The not income shown is after deduction of the following amounts taken out of operating
revenues to create reserves for land grant deductions in dispute: November 1944, $3,903,087
11 months ended with November 1944, $42,127,940.


/ or railways in receivership and trusteeship the ratio was am follows.
vmber 19i, 1.75; November 1943. 2.24; 11 months 194, 1.81; 11 month 143, 2.57
/ Includes payments of principal of long-term debt (other than long-term debt in
f lt) which will become due within eix months after close of month of report.
5/ Includes obligations which mature not more than one year after date of issue.
SExcludes reports of 2 roads for the 1944 month and period and 3 roads for the
1 3 month and period whose net income (or deficit) was absorbed by the controlling
company.
- # Figures include returns of the following carriers which emerged from receiver-
ip or trusteeship on the dates shown: Akron, Canton & Youngstown, February 1 1944;
Ceago & North Western, June 1, 1944;- Minneapolis & St. Louis, December 1, 1943;
ineapolles St. Paul & Sault Ste. Marie, September 1, 1944; Missouri Illinois,
-Zhre 1, 1944.
4f


Statement No. M-IS
NOVEMBER 1944


.1







INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS

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

FOR ELEVEN MONTHS ENDED WITH NOVEMBER, 1944 AND 1943


Po 2


MI RULVT OnuAIiM SFAD 1E"SLUSA D oI IZTI mI OBPmwcmls- M VM Ini DnumIIS
Sweiosn"railw _____________ B_________t -s Se-- lgMnri --
1s agL163 Is*t 13 s hk 103 1"5 104 1943 1 -20 103 101 10 14 10 3

Ueig s hates eotal ................... .o03. 2to.66 41..29046 5 6.38334,03 u 6 6.6 ... 0a te .o 1.491,7A.95. $23.77.1M 9 i186.83.3 12 others a it Coatina
em n t total37 .................1131 119O011 200. 19, 49k 9272.7.5 297.117.9 3 64.17.90 66.6 63. .615 Coumo snd mfr eavlg .., ............... $. ,. A % $3.650 -
.*................ asnsoriou S Cuoat" ..................... M. 211. 6. U 4.1o, 3,6.,975
I" Nua Mod s *TO .............. .33.7.48 T37.o 17.593.4O 1 30.5 .6 2041 17.63 22 ,45.9. 43k,543.913 or Lae .7 &*** ft; *L3 1"5" ....... 2-776- 90213 .502 1 3S 2. -
eorg hor ...................... n.10 6.109 -
, Ok ..t ............. ..... 01 4 3 S5 1.012.03 1..011 3 950 3.90 ewrgt, luth 4n ......... .... a.21 1.a.f 3 5..o1o l.t05.000 -
9 ...%.01,56.619.::::::::.: ..:::::. : ,.:5:109:W Gl I m sla, n ............... a O2......... 00.g -.. -
*"'' s'" ...................:11A: M 9 4 .M:" s.'? 'RA Ikn '15 ~-6 $109 .579a. s 0 .:. ..p: L: :
..bi. i l .. ............. la..... .. j u h- 0*, "l ,a Ohio ~.,061-1ar ..,o0.... ............o. .... ,. 4 ,, ,o *., 6, ,79
,ia .ian j l ........ .es .* .. .. C. - .lini. C *r al ................... ...... P 39..5i 1 3, 19. ,.3 .000 .oo .. 3

SCanadian aif.... ,. s ............ L -n. Levl eiam h vill ............ .. 61. 29.o1 16-5 11s17. 61.2.2:::::::::: : j0 0 S. 190.0 Ioo.10.
ioa" ert .zo' .. ........ ......, 6a61 0. .759 1206100: oe.."l. C tra ...,. ............... .3 3.65 8. ...0 1. %,. 15. ..o 1 o. o-. -
a 1...... a..... ........... ., ,. .,, ., ,, ,,l ........t... 9.... .1...44. 6. 19. ua .1. .26 B.e o i0. 01.9 1 .359, 0 .
Noew y rk sn *..... ...... 1..... 1.36 s.0 >1.2712.n6 *.56 ,o. .3. -S00 6 n ...ano aNot..hea .............. .....9. 1. 6. 1. 3.9 2.19- 3.00 3.X3 .X 000 X .
now -To nwaron ow.: : ioartford" .. .9...3 30.. 1 2.9 is a1.6.*.529- 1.03.330 Norfolk aSthern ... ....- .0 1.31..... .1. 090,731 .m.06 3 199 u 3.n 313.311 111.60 60.037 1.630
5b9o. 1r a .aeeai. .... ........ 0........ .19 917 1 1. 3.a 0 00 -

..,.. ... ..... ..S......... southernn ....... X .. .. ..6 .600 9.9 000 5.1 x ......... ;. ..................... .5 3.3116
e r..s am a n ... ............... . y .6 S.n.. A 66.o l o1636. 6 21 3 C ....................... : ao G 2 S 10.00 17.500
oose1 o"r oAlaosm ........ 131 115W AS1.a310 109000 120.000


Am Ar ........67.. ................... s .S T.: O.8 99.0n 51 :o -Is a. N Mis iippi. vall .... ..... .. g. ':5s11 .31 .31.7 x -,
0 d om o.... 5.f.id,0 10.91 90.332 007,# 01.310 1 0 .0 0;.0 0..00.



. ,0 a5 .. ... ........1.32. 19.. 1 10m 7 1sa 0000 .36T r Ds -es ,tern t t -. t sa ..................... ...7 .s .3.613 .1s .3 .151 1


S.......... .................... .. '.. .a ., a k ,
.'Itr i I.I amwesn t .rn ............ec. 1.. 4.38.10.03k.1163 '. -I0.13 13910,000 4% "g%.. W. 7. .612.3- .3; 8 10-e.Mb1 10.7.5T.







S....r s. .,........:.. .,.:........... s. ts.no. u .o.ne. s s .s~. o.s sa. r. ey .L 7.7r ... ..r- ...9tz s Oa.v s u a ........ .... ...... ............ .... o. .7 m. s uo.a. u y. 5 1a.-2.
*"-.4a. U .... ... .................. ..6 .12, ,.. 1a 6 ,200wa lethw ter. eln fta .................... .. .





s 3: m.1 :::::::::::::. 1 1.27. r .................... .2 9 3 3.15 .1932 .17 1.95 3 -
Lehigh a iver ................. 266.5? 9 6 7.53 36.50 9 .1 a. O n ... s ...a ... a s3, 9.. 93.7 1 1 5








' o.. o ,a .. -to ... .......... ".m... l0.6. a.us.* ). : o..6o94 ,,t vo --,t .. ......... .................. ... ... ro n.^ o : : T.s. m3. .oo .a
oL .. T alor -q ........................ *.,3.3 2. 2.696.3 ." .0321 1.5 .000 5.2 -b k Nig e m sdIro n .. AM............... 11.. 10.93.9, ,7.233,07 12.1824 9,253.125 .112-500





icen ti ... .. ... ..................... e. .e .2. 7 2. h S o a ................. ..........T. 1. .09.o M. -
m ate .. ............... ........ n.71.110. 6 .3. .000.6.9 69x. 22 5.726o 1 Mbuh.g a d Pa f ..................... a.aS 2 : ...S l .1.S o7 2o. 4..oo ,
, C.ela rae Ctr. ..... ................. 6.0. 0. o 9.31 3 0 ,.59 ,. o., 201 .r. n. ,a ete n.... l s.. ............... ....... .. 9.75 752 X5..00 0 53.07
Vmwikr ai Ls Im t ........... ... 10. A7.4396.61 3.1 O..30 13 5.00.070 75 3.1 9 061.091 9. 7 .9 1osG sern....................... ..2 8-. 2 7 1.5 6 7..9 O 3.3 6. 5.00 7 -1..79





a mat .. f........ ...... ...w.. .e.O. W e ntO -r .eg s ersa~ d W en .................. .. :.9 790. 1.. M 0 l7.. M1.00 .0
S.to. O.On tari. lesir. ............ 7.7M5%7 ,. um, A .I.e t I, .~. ................ 0. 40.3 9190 1.1.07 ..0365 115 9 .000 .00











S* ii .::::.::.: 4" #53 Th 9T: 483.50 .0 1.^ xa.coo3137.0 .:::::::.::::::::.%: s as s, 3o
tttenb.rg, man so o ric. .d Paci... 4 50 5.96 2.: W5.0 .9 9 1 5.278.97 1 5.7 1. 317 1.53.7 *7 Northern le ee ............................ 3 1. .1596 130,T 37 .0
ittsbug m basest.................. 22 0 1 116A.kme ,,, ia na ................... 2.6 1121 ,9 1 .7. 1 7321 .10 T1.160 71.160
Pittaborgh &West Virginia .................1o33.1135 1.667606 1.311.939 11., SIM 150.37 T9"3 Spekw, Porti m .atl30......1.... .922.233 12.9 66115 1 000 1.92.23










PiohttsbUrg ....... d o...............65 3.6 6jJ .9.939 4 __ .....................__ ___
Wbabh -.. .. .................. ... 3. 7. 1. 78. r 6.9 3.9 .2.44 .16 5.1 oaalr e to r o tio ta ... ........ 209. 93.9 olr o 1 4 l,1 .- &2 .5 .092 t3 ..6.71
Central osom t alsta foto4 .............193703.25 231.99.66 111.90.111101113.9.76 153.952.251 19.769.919 M.9529 111.12Alt=e ...................... .... 3 6 3521.119 2:2719 1.390.615 3.720. 1b.1283.210 -


Akro. Cei teos& oug -tn ................ ..11 763 .931.3 .91 23. 4 &9.1 3.6.317 220.380 blo oBurlingtc a&,- Q, ................. 9 ;5. 11.s 3.71.10 317 26.96.5 1.1.5111,7 ..A295. -
tImor e m~ ml....................0.. 430.791 .11 36.706700 C 02. b lookIlnd andPi O" ..........2, 5. 1.100 10 .0


Boses" andrm aLo e r................... .. .8 3.33. 203..2 -ColoradosadSo m- a s ern .................... .. .9 3,ln0.a ..010 2 2 30 .3 1.217.606. 0 : 3913. -
Central L 2. of Novaewnooew ............ 5,252.00 5,61.366 133 0 1, 7 0 55.9w 1.15%000 Colors" WYOMINg....................... .0 214.5900 21 00-


hicago & S tors Illinois................56. 1. 7 2.00.50 2.693 9000 76.6 9 5Deae m eGraeeater............"2.7o01.3 5-2114. 715- -
itcgoA Illi ... idi.................... M .h 11 ..7 9%3.: L. 6 o.7" 1 ..20.1 1.267.1 .I De.ver.90 anM maltLow........................ 9..35.m o6 616.115 333.1173 3.01 -..o 000
Chicago. Indianapolismand Lasuiloev .. 32 .698 3.185..W3.3 e.811 1 900.032 6a .00. 000 Fort Worth sad ker City..........2.79 3.6 7.551 1.1*620 2. h,116.119 2.133.75
etroit. Toledo mand Itat................. 1063 3.33 3 1,1k30.157 1.11,763 Tn .11, 0 91 91.323 981-329 Northwestern Pacific ..................... ..1.031 7. I 5u -- -
I1inois Termual ....................... ..1.311.739 1.420.39 79o"9 32 323.1 1:905700 375,000 500,000 Sothern wpaifictaa r tewS /1 ?1,693.350 76-433 .33 .593 59.091.300V6.111-9-417797.3559 431-909 7-5%1552b

otng a o ,. .~ ...................... ..3 311.3 1 ..211 37.5w 503.290 103 6 -tolo, o W. D 6o. Woo ten ............ 2215.09 .173113 17096 -
ennsylvania.............................103.575.T70.610 6,963 55334 7.63 110,051307 32.91%35 32.91935 Utah...................1............ :::::. -12.60- -
pOeaoe e.lv O aled irng S hone.................U5M2.3..92.9 1,.059.7.119.o4-.2923.8W6.363."53 Wes -loo. en Pu fo"....... .............. .3 09.50 1,3 7.6317 7 5.O 750.000 -
loeadingf............................... 613.0233,9 15.839.505 0r.9581.2.7253 11.4 1. 600 13.23.193 3.8 0 3 -.390
StatenI landS lpid trait ............. .963.573 1062.e391 a 305.V3 136.738 Soath tern la n412 f ttal .............. 10.563,79 312.915.697 53.389.323 76.007.100360,117,319 5-3374 .27119,1932,149-196
lectern Marylan.......................... 6.309.9 J f ? 1,11,0,8 3 3.983.000 10.9o01.21947 1.241.9117
__________ ______ D unlingtowl Islam .................... .9 29 560.9a3 51 8.72 -
Nouthoan MatiEt _2otal................. 591.13 5.7119 10 309.931.506 330.7 9 63 6 6 .30- 3 u..Nt hs............ 3.638.4.73. 3 -14 2.53
Poee holne hu les Total ............... ..63,917, 6"6.578.206 1 1. 1_ 92.9 ,107 101k, 3.517 45.979,752 112.6 3.172 1oam CitM Sout her n................... .9 .330 0% 3 2.2611 1.1 00
Choep calOhio ..................... .30.72),0311 3112,%0.:9 25,531.069 25.776.0 3330.1135 485139A0 26.800.739 23A11213 Maslud *a ........................... .227.255 33 15,07 1.146 15.357 5,210 -
Norfolk sa Wtve"rn......................23.6711.93 9111.5;1 2,56.57 0 30.251,039 36.60.00 .90. 0 1 613. 1 3 .63 m a"Arko..................... .177.512 1 63 25%509 10739 1762
Rllohoal. DFrederitckburgan Ptoa,3313....,9130,73 42 6 .916 11,996.112 13,111,968 302 atxa................. 6.905219 91",75. 2.
Virginian ...............................6.571.110 6 3 0 1 35 159 3 2 0 4 5.661 6 a iMi. . .00:27 911 .01 00 31.0
Sawm Olnom. Toea A bgo... ....... ..15.97413:1'"'158 1 7496 0.53 137 2.0.900
bothrs helen fetal ..................151.62.,7.166.703 93.627,03 123.1110.79 217.3.1101 229.515.56 22.11 .7 2 8 0o haowcity-Ada-Atcha ............. :....3... 30.863 306.1 3 272 266.076 227,506
Alaba Ce rant louthern, .................. .1.07523 325 2.017.522 2. .3 .502.000 5, .000 2.017.8 63 St. joio-o ralo."..........9......... 3 0.6 101 9.7 12.1730 7,1



Cliohfield.............................. 5,638.535 74 0.656 3.636.573 2.739.931 b35:069 636.299
a/portof reeiAtorsoo.ira A 9. Sant Fe fr .. %IfI. Coo ad & Ba BB na. 0 andPosbandle & m D oS ly.


Sport of revolver or rrteivers.
Re port of trustee or trsate1.
Deficit or other reveroo ite.
Foromrly shown as lternatlonal By. Co. of aieu.
Sacludes Boton & Albany, lesor to w York 0Cntrl I.1.


Dat not iteldatd in totals. Includes buthern Pacific CompmTr, teman ed Ne Orlean 1. 1. Co.. sat lee* lines.
SOperated by re*eral Mager. U.S. GOVERNMENT PRINTING OFFICE


S1945-0-597260




T~c~/.s&.31. fzy


Subject to revision


UNIVERSITY OF FLORIDA

lllf I INTERSTATE COM ERCE COMMISSION
3 1262 088512107 BUREAU OF TRANSPORT ONOMICS AND STATISTICS

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


Statement No. M-125
DECEMBER 1944


UNIV. OF FL LIS. i
- U. n DE P To,

UL-U


U.S. DEPOiTOrY

2*


Compiled from 131 reports (Form I1S) representing 135 steam railways
(SWITCHING AND TERMINAL, COMPANIES NOT INCLUDED)

All Class I R always Class I Railways Not in
SC s ys Receivership or Trusteeship#
Income Items For the maoth of Deceaber '7ar the twelve months of For the month of Deomber For the twelve months of

_1944 19143 1,94 1943 1944 1943 1944 1943
1. Net railway operating income........- $69,538,22 -$69,8,548,26 I t 06,265,136 $1,,59 ,17 59,49,902 76, 4i ,744 &897,6743,1 $1,090,611,326
2. Other income.. ........------------ 39,644,135 39,361,439 11 095 2013 750 35.729,550 35, 5,600 193,308,954 185,914,509
3. Total income -.... .. .109,182,27 ,910,25 1 17,777,231 1,560,938,920 95,179,052 112,30,344 1,090,952,08 1,276,565,835
4. Miscellaneous deductions from income- ... 6,513,924 12,644,687 4:,4%99,826 41,020,569 5.925,306 9918,462 34,917,768 36,06,52
5. Income available for fixed charges 102,668,503 96,265,578 1.76,277,405 1,519,918,351 89,25.16 12,4,1,056,0o ,300 1,2I0,559,314
6. Fixed charges:
6-01. Rent for leased roads and equipment --- 13,379,932 9,108 6 245 166, ,842 12,7,54 8, 598 147,890,671 158,284,835
L-,77 9 7114.351 147,990,672 1835
6-02. Interest deductions i/-. ----------- 5,069,288 34,40.414 1 -;94,62 l ,4211,14 7 21,738,180 23,622,90 287,018,518 5 33507, 18
6-03. Other deductions -----------... 0 --82-----~4- -,6,281 ,:8:71771,820 237, 7 1~ ,311 422
6-04. Total fixed charges. 488 -......20 59634 354......... ..1 436 ...500 7 ,3
7. Income after fixed charges 2 ----- 5,-9,79 9--.....96g o..o 7
8. Contingent charges ........ 23,196, ,112 11 9,711 22, 3,8 o9010
9. Net income 2/ 41, 73512 29,286,03 E67; 1354 87,93,313 42,850,661 47,272,129 58 ,899 727,062,92
10. Depreciation (Way and structures and Equipment)... 28,725,357 26,080,165 323,153,942 315,89,211 24,649,657 21,948,705 274,464,967 267,205,936
11. Amortization of defense projects ............--- ..- 18,899,496 16,895,826 191,048,743 145,581,666 16,458,429 15,790,625 167,761,725 133,842,024
12. Federal income taxes ................-------..... 65,168,789 53.525,677 1,303,847,051 1,335,250,635 47,388,195 39,640,211 1,107,743,072 1,155.602,932
13. Dividend appropriations:
13-01. On common stock ---- 17,55.....5.. 23,801,595 ..11,01,097 179236,325 17,595565 23 1.595 191,401,097 179.236,325
13-02. On preferred stock ---- ------ 405,2 5,237,131 51577,119 37,057,369 4,905,62 5,237,131 54,577,119 37,057,369
Ratio of income to fixed charges/ (Item 5-6-04)..... 2,2.20 1 2.26 2.55 2.8 3.1 2.15 2 2.62

All Class I Railways I Railways Not in
All Class I Railways R ivership or Trusteeshiup
Selected Asset and Liability Items Balane at end of Deober an at end of D ber ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS
1944 1943 194 1943
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)... $590,317.280 $574,611,607 2274.293 549.956,498 Number of Number of
_report Amount rNome Amount
21. Cash--------..... 7,76-,- report-----------------------92502,09 1,226,4orts reports I
22. Temporary cash investments 12.87....61...7...80.. l,7821, 77,9121 1 1,2 ,2, December ..194 87 7 ,715 42 31,570,
23. Special deposits-.-..-- 2214681 8 26,75, 17, ,645 198,621 o r .. 194 85 88,3 19 43 59,070. 485
24. Loans and bills receivable .--------------- 2-- 2123 0 217-- 12 monthe 194 1 114 6.7-14,.18 13 131 4
2. Traffic and car-service balances--Dr... -40 39,61,1M 65,7 30,736 12 months 114 880,359,061 12 6,6,
2. Net balance receivable from agents and conductors 142, ,911 1929,0 1,95~ 1 105,078
27. Miscellaneous accounts receivable.................... 641....610,78 6 ,2 5
28. Materials and supplies.------- 603,6 5,7 7 O.1 ,1: 44,09 01
29. Interest and dividends receivable........--- -----............... 29,7,027 21,7 878 25,1 77 ,01081
30. Rents receivable- -... ----- ---..- -2 ,657 1.9,1433 ,7058 1;, 300. 9 NET INCOME-ALL CLASS I RAILWAYS
31. Other current assets -------.... ... .. .... .-576.9.81 47815.110 51,766.218 5,363,71 MILLIONS OF DOLLARS
32. Total current assets (items 21 to 31) .........-- 4,493, 93.062.525 4,493,496,r47 i50o,058,8r 3,640,371,398 1o 60- -- ----
40. Funded debt maturing within 6 months /.... -- 115,355.672 104,908,328 108075,132 95,381,002 O 14. :
11. Loans and bills payable 5/ ------- .------ 18-- 000 618. 7,700,000 3,10, 000 1, 20 ----016,--- o -. 0
42. Traffic and car-service balances-Cr... ----- ---- 218,08 478 2079,'2, 09 % 171
43. Audited accounts and wages payable ... ------- 430.782490..3. .6108,68. 47,9 016 100 -
Miscellaneous accounts payable--.... ........----- -, 11,171, 0,09
45. Interest matured unpaid --------... .....----....-- ....------- -- --..-........8 -I 80 J --rt
46. Dividends matured unpaid ............--------- .....-....-- --- -------------. .
47. Unmatured interest accrued... ------.. ...------ .. .. 60 / -4 I
4. Unmatured dividends declared --...-.. ------- --0--.. .~.00, i ------------- --0-P* -a-
4 Unmatured rents accrued .... ........-...9 1 7.. .....i.......... .;
S Accru ed tax liab ility .-- -- -- -- ---..--.-..................................... I9.. ..
S Other current liabilities ..---............--..... l, 2'1,i-8 02_3 3 4 W 0 0,4 1 v
52. Total current liabilities (items 41 to 51)-- 2,831,636,260 2,924,434,361 76.999.001 2,4843,202,8360 "
53 Analysis of accrued tax liability: JFMAMt)JASONDJPMAMJJASONDJFMAMJJASO D
53-01. S. Government taxes .---- ............. ----.... 602,- 7,69 160,3331 1, ,172,58 13 194 4
53-02. Other than U. S. Government taxes 123,8,5 125,176,29 450 ,187 104,079,101 19


i/Represents accruals, including the amount in default.
j/For all Class I Steam Railways the net income was as follows:
Period 1944 1943 Daoreae
3 months ended Deember .... 4,68,546 16567615 3,8
6 months ended December .... 35 0,4 15,6731 70,26,
12 months ended Deceber .... 6761,14 87.9.33 2063198,9
The not Inoome shown after deduotion of the following amoun taken out ofopet
revenues to create resrv for Lnd grant aduotlon. in dispute: Deoeber 1944, 4,556,366
12 months eded with Deoember 1944, 646,683,251.


m For railways in receivership and trusteeship the ratio was as follows:
December 1944, 0.96; December 1943, (Deficit); 12 months 1944, 1.70; 12 month 1943, 2.26.
./ Inoludes 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.
SInoludes obligations which mature not more than one year after date of issue.
Excludes reports of 2 roads for December 1944; 3 roads for December 1943; 4 roads
for I twelve months of 1944; and 5 roads for the twelve months of 1943 where net income
(or deficit) was absorbed by the controlling company.
# Figures include returns of the following carriers which emerged from receiver-
ship or trusteeship on the dates shown: Akron, Canton & Youngstown, February 1, 1944;
Chicago & North Western, June 1, 1944; Minneapolis St. Paul & Sault Ste. Marle,
September 1, 1944; Missouri Illinois, June 1, 1944; Western Pacific, December 29,'1944.


....1







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

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

FOR TWELVE MONTHS ENDED WITH DECEMBER, 1944 AND 1943


Pae


m RAILWaI oPsuIMh I ucos FEDaRA IICOIi 110 mID RamIL AY ormP isn ISONXS APm liL IOcsu BDIYIDAnD
UaI a toa* n LXYIZou 110013n sI As AfPl0PIAseIImO
legton asa radilw egics se railway
1944 9 19 1943 19 1943 194 1943 19 1943 1* 11943 1944 1943 194 1943

oitA states total* ................... 1.106.265.136 $1.39.595.170 $667,613.514 $673.932.313 1,.303.07.051 1.335.250.635 245.97s.2.6 l)6.203.690 Southenm lgon Cootima
aer. District otal ................ 34.8.5.53 41.o09.215 198.925.994 .378.699 297.42.114 374.340.851 72.350,0o 69.45o.06 coluefbs ea oU enville .................. 60.943 .5 63 *A .5 *135.54 $29.65o -
Flornda amt $Coaes ..................... 5.951.599 ,17 0 479 1-6334 67 15 4.11 4.3.865 3.369.975
ew an aesdon total ..............3.. 5,039.53 49.996.936 20.6.512 32.961.368 2.70.5 92 22.715.665 434.543 55s2.o0 Georgi 1 essee or easti....... .2,79.39 3.5.793 --
Georgia 6Sthnor a o ....................... 113.o09 22 05.915 r -
Sam ..i-n Artk 1.................... 1. 4.316 1.790.160 947.4a 1.221.745 1.9.371 1.263.390 334.950 334,950 Gorgia southern nd nori ............. 09:,4a 1.9.32 09.2 902.000 1,520.000
Ilev TLdd OYlmet; ........ ............ 1&,, 1s1! C1o ,, 56 0,1 7 .CI 1 56v 2.073 3.6 314 .............
seon at Maint .............Y ...... 10094 31 773 .14. .9 5.5 ......................... .959d 3S. :.951- 1
oCanadi1an Rt1ioa 1s a b amnd ..d. 11......1 1!L u Ilf. Mobile and Ohrio ...................14-6129 .,91060,7na3.50 7 2.",.64 2.606.900 1.117.6561.411.176

aai Pacificr ine. in Min......e~..1- -I12 -.9 .....Il in Central .......... ........... ,, 15094 3,. 8. .5 0. 7 .69.A 65 *, ..237.7 .
central V m o .... .....M........... 13 M sipp trl...................... 66.3 3.732 253.067 03 1007 4926
Maine Central ..................... .......1.0.732 2,)%6. S -1.292.021 1.232 99.593 217.920 N ahvTlle. Ototoa t. .Louis.......... 3. R 5.06.93.2 :4313..696..227 4.1 .742 .o096.166 511.964 767.946
1:154.0"14 .499....37.......Orin am Nootheo 3.56............. 0. 196R6
,ow Tacomansteing........ ........... ..1.5 4 1 ..935 504.a1 603 .66 .245 372.1 :- e Oe.Mrthe 6 s2te.ra ............. 19 .00o 1.709.5 946. 1,6.927 2.629.000 33.000 -
Nso Yea. MsNew e and artor.;.. 20:,1%318 30.791. 14.071121 22.901:1437 114.602.:967 14.S.1474 Norfolk Souther..................... ..... 66 45 96 304.413 507.3 .437 36.57 .60.037 11..630
antland.. 3.51 326., J 113.W47 Sueabo d e Air bd eA .................... 22.3.395 a, .006 5.206.641 15.796.44 11.500.000 16.000.000 -
louthn .............................. 33 ... 7 ............. 61. s..6 52.357,000 56. o 10 650 5.596.
We .....................57 911 ...357 61976 1.093.56 1,.472 10.000 4.000
Am Arbor ................................ 665, 77 3.990 423.121 5.565 334.055 640.702 Tas an Misatppi Taleyr ............. 4.26.574 4.3.593 1.4.336 1.399.165 5.12.5 3.06.39
Ona a Ia ...............55. 625.1 541.. 639.041 692.557 90.000.510.00
Daema resoi ................ .6 .260 U.12. 3.965 .5 1.000 --oco WeternaDistrt .al .................. 47,696.907 602.143.609 303.600444 369.380.764 675.261.200 0.739.527 96.569.699 73.450911
Dellware. iUcMaI L Wr= 6.1420.112 11,11.260 67#1112 ,4.66.759 1.161.759 4,400.996
Detroit wat .......* ......... 6 .a % .5267 1 .9S 4.. Morthmstran uo tat .............. 144..456.197 193.099.593 1.242.766 u15.1462.62 91.077.296 7.o046.643 41.060.723 19.663.317
Detroit so.d 2 hre0 .............. 6 .5%29 9 g .:223 7 5 9 ..560.15 550146 600.000 00
rie ...........1...6.. ,.a 332 s. g .. 10.260.265 11.6 17 17.55.0 .4 .4694.4. 4,1 4o: Chi anorthWetern ................ 23.086.701 40.791.747 16.106.061 26.149.69 15.9.000 1.200.000 22.372.055
IrT ... ...... ........................ 5 56 6 1390 2 5 5137 1 3 t st r .................... 3.357,72 3,23.331 2.3o,0* 2.705,27 1.919.5004.209.000 915.279 1.372.99
Lehigh saudsonliver .........2........ 1 24.349 313. 309.74 334065 31.052 94.1 1.20 Chnes, Miwaukee. St. Paul and Pcit 32709.519 50.66.954 11.503,68 29..623 15.9000 14.295.000
L ohih sa Siew Ml ............ .361 T47 1726.01 1.019.469 01 4 206763 680.000 952000 oa*o. Seit Petl. Manupoli sal Omha 3.453.622 3.96.532 1.072.2 153.270 567.000 76,000
Lehish v ller ........7...... 2292 13.4776 77.120 6.63300 1.412.234 4.969.02 luts,. isab sdt tau ........... 9... 3351.449. 9.531,111 6..329.5145 .62.%t .371.67 9.55,.060 9.253.125 10.261.250
Mmongahla .................. .......... 1.238.42 1.S 7.44.392 717234 72. .21,.190 374.700 37.100 luthS. sou th hare at Atlatico ....... 42. 1.000.71 4 132.01 -
t............75.310 665 743.326 6,693 529.442 510,977 6.000 40,000 Ilth. Winnipei alaciio ............. I.S.09 O.1 57 -
sow Yotra rt 9r .. ........... 65,759, .5,297 35.79.939 62.73465 50.933112 714697,279 9, 71091 9.671T091 Grea orten ...........................32.96.60 59136 35. 50 94 499779
o l. ohos.s ma t Louis ......... .112907134 3265201 7225914 9 1 .026 1:739.0ooo 22.500.000 G re e aan o aster .................... 175.11 a.41 9..5 91 1125.000 125,000
lw York, Ontario l .Wester** ........ 209. 9 Lk* Supe~ tr Ihpcg .................. .450 6.99 n 6 .1 40.7 535500 535 500
lw YTot, "equab ass & Wetr ........... .9105 1.026 5 271,926 333,725 Minneapois t. Lou.................. 1,795.824 3.47.557 1..67 5.45 42.15 103.203 85000 300.000
Par Marqu. .......................... 5.010.307 6.003,07 3.017 3,6 1 2.2.721 3.72,655 .- uima l i unl salt ste. ,ar4 41.95 .9 1.0o.S 0 1 1.660,116 1,745,437 -
Pttsarbrh ak'rt ae.................. 5.169 5.73.225 4.4.301 4,3 6 5,53 6. 0 4,316,250 4.31.250 Ntorth rn ......................... 37.11 36. 23.45 13.1.96 7..900o 17.40o 2,479,710 2,479.710
Pittsburg a at9 2 .................. 49 23 106,1 94.575 Spo Intenatioal .................... 25.90 332.5 159.795 .135 253.5 7.10 7160
Pittsburh 4-WestTirg"l ............... 2.0 i; M. 73 5..8.....
Pittsbur h Wst irgi-niat ................ .05.0 1,.3.:4 1.55: 1.4 32,3 295.773 *. pa. P.rlanta .ma. ............ 3.935.998 4,659.696 1.925.961 1,406.51 5r 4.365 1.600.000 -.
Pittsburg. ShV am Northers'n.........I %N in
Wabash. ................ 7 11.777.66 1,. 451 20.306.953 1.997.619 1.997.619 central Westn latn total........... 229.7.531 27771.511 160.907.591 197,590.49 12.1476.641 373.701.59 352.649.771 50,763.396
central Sasotra nto total.......... 200,667.614 236.935.563 163,60.00 129..92.507 1599,43.233 191,094.6s6 46.60,726 45.7Nl.~~5At.l".. ............ ............... .. 04 3 .72.2 661 42. 9 2 5. 4.13 -
SAtchison, top"ka nd seantsahe g.........60,17,92 65.V.714 12.635 57.1.4036 33.266,566 0,066,141g30771,000 30.771.000
Akron, Canson & oungato. .............92.090 95. 13.335... ,1 2 320 1012. .1 23 ., 22 ,- oise.. anliagton er......... .....32.0714.23 3.762.47 ts7.122 28,231, 43. 335. e R a026.670 5.125.161 5.125.161
ti o a o....................... 41T.1.37 52.67.04 12.65.503 11. 357.73 2.909,46S 2 3.S769 -o o Othiso ek en Pcifi ........ 26.079. 3 .79.3 10.4 s 2 3 33.500000 2o00,000
seesar and ake r ................ 3 .. 6 ,0,9 1, 30 ,19 1,05,766 ,2.157,02. 2~472.242 1.500.000 500.000 c e m .t ar.................... 2.7b.3 3.12.651 2.174.779 2.5 8.219 1.192.95. 762.7
ontral 1 of ow Jrse* ...... 4.4,492 5.190.600 21932 12.0 736.522 1,oo.000 Colnta o e rina .......................7 331.32 265,53 259,919 74.700 29,
Ohiscago astor Illinois .............. .93.1 3,397,266 1,4 I 1.4642 2,777. 3, 500 767.726 939.375 n.......... 10. 5 5. 5.9070 5.155400 6,.300
hicago Ilinais .....Mi.l ........ .. 2.0.5 993.3686 66 650 .32 .1146, 0 300,000 o.250,000 arenr Sl St a..................... 14.3 630.665 1. 13 4. 1.66 33. 9
Sco, U. Indianapolis ad Lawie 2 5.936 22 ..55 1.1 4? 653.619 5261 -ort Wortrh a Dever or City ................. 274,141 3.97,1465 ,.052. 2,692,006 2.057,561 2.52.7171 -
Detroit, tolede sa nIront ........1 ...... 2,154,1 2.4673 1965 1,9.4l 721, 10.06.674 1,103.9914 ..226.660 Nerthwrte Pacin ..................... 623.69 51S4,6 0 -
aligi, Joliet s.lastl h .a...... .... 3,14.592 1.94.923 2,399140 1,239,635 3,9 2,797.500 3520,000 1, 400,000 Suther P io i......................... 3923.690 1521,691 65.935,60 69,47.610 9, 431.906 7.545.
Iiois te a........................1,1435,010 1.557.310 671,125 1,015.11 2.35R,600 1.925,300 750.000 500000 oSouthern Peaific transportationSa.t3e9 f 9339 77.2.617 36, 5.359.6a 99.126,659 95,62,627 9.1431.906 7.5.526
1 Last* ......................:.......... l7.924.9K2 .W W 523.60 l 417 49-------------
Long Islat ............................. 2.213.649 3. o92 9683.,20 3I, 9 5I ,15. 1,107,sI tlt, Peori.a 4 & asta r .............. 2 .093 .114 2.353.1 2.29452 -
nars 1 ........................ ......569,213 737 90.140 ,6 41 75.000 --. a ..s Pacif. ............................ .36 4 4.1 .n25 .59 51,0,295 3., 000.000 .103,000,0 173.709 17.321.709
Puntaltol l ....................... ..... 7,66 1 .1.1 ,0. 431 651 9169,071 120.367. 32. 5 32. 5 U .................................. 1.971 93.41 55 a350.301 -
eavn.es *ashore. ........... 416,992 3,339 0,956 313696W 393,1 atrn P ifi ......................... 10.333.606 16131,41 7.012,950 15.25i,1 S, -
leiag ........................... ... 13.,3720.5 17,94.10,92 7. 4 11.21.311 31466. 13.60oo 4197.925 14.197.9 6
Staten Island R id transit ..3........ .916, 1402 1,2,6 19.245 252 8
Wester &arylad ....................... 7,00536 .4 I .0,60 4.,01o14 4, 614 6 1,3,94 1 941,t1 s a Sactlion total .............. 113.452.179 131.599705 61.450,067 76.30o.34* 171.707,263 149.991.266 2,859.196 2,82,198
WheelingaMn Lake Erie .3....... .., 3,5943 3,021,323 3,390,129 6,131.000 69 0000 2,039,309 3 2.545.693 l r L A t ..... 4 .. 2 4.5 2.9 .3
-29te So*ur1Lke-...W.slrd...... .... .... ...... 47 413,619 7339 4 6 ,M433 -
a w otrSU l 233.62 .........46...... 6 273,3012,07166 6,00,76 196,172.51 330,943737 350,170.0257 77,05,1a 72997.717 a.at ar iatonule IslaM o .................3...093 533,5.0 -
utsr atiowt breath. erns ......... r 3 4, .9U14 2. 90 .42 3.240,000 -
prsuansas lmau -Oal............... .70.13,. 4 74.8616,100 67,69.675 .4777,9ho 965.5318 4. 5 01.600 147p,623 .48n,097 t099 Lales aity Sote ..................... 6 .07 4.9 .139 14. ,162 .533 630,000 .90.ao.0 20.000
22 asas, laeorn A Gara t .............. K..........9611 596,017 77.177 797.1470 323.376 531.494 53,1496
3263.8 Arkansas...In.?"........3....7
hat nat2 9 3..... ........... 7..9 333.909 4364. 20,3569 41,50.000 1.%5. 1424 ltuanq l........................... 79,5 150,1 ,9995--
lisn ...e..ick.ab.rg andPunat3..... 6.0 5.232.72 1 692.7 5.672 -1, 01614t .u 3i. .................. 3,4 927.3 6110,1 5.11971 6 12.
Virginian............................ 7.1417 747223 1965726 5336731urr i ....................... 336309,050 3 4,379 17,6 1,591,1 47,50 4 0004 0002000
Sooner lden- t ..................163169,100 196.195.976 7,7,1401 131.395%011 233,69,79 *14,32s,67 a,435.13N *O.900,6 rle8 er", G**a ............, 17,309195 903. 3 2 1331,2 2.19 7 1.991 -
AlbmM Grea South*n .................. 361.6. .3 9.65213.n. 4.76000oo 6.195.000 2,07,663 2017.6 t. Louis, romaville and Meo ...... 1,311 2 173 1., 1.403 5,26,14 4,93,909
Atlantan W est oirt .................. .... .103,6, 3 1,115.321 ,11 32:: 123.10 1147611 st. o Frulem-4n ..........i... ..1 1 ..59 51.2 0 14 .a14 .000o 7,71,000 -
Atntie irmast MA1Coas.....M3.425,31 924360 1.00 .7 st. Loui, San raise ....... 9.3.9lI ,T.0.97.50 0 -
Atlanti ost L" .................... 15, 57 16,101,39 17, 35,65,500,000 ,,117 2,.40117 st. Louissthatra.................10 0 o 0,677.I146 7,3 3 1773.2
Central of eoris 1397,,, 7,365556 l,o164 1960, 1.799.332 5,M.?= sAmn Anteoio, Uwele & 9 ......:...... -1 *: d I s7a6
Chonrtleste Wastrn caroena ....712..... .397 00.09 436, o, 10000 ooo ooo W000 .oo 144000tmeel n Orleans ....................6126 79570 33.59799 26,2,017 -
ossianati, ew oreaO s ea tems f siti 14,1 .310 6.1440,2D 3,61.63 4 6.s.000 3,9.000 3.710,670 3710,670 to as a Pacific ........................ ,75721 9.9.17 3.21.791 6.155.859 21,s29,97T 16.3.435 1.52.700oo 1,57,700
olimutil ............................. 6,03.611 5,232.725 692,363 6.6 exas Mn o ............................ 323.1 332,00 162a,2 19.629 1,0 s7.2S -
2-1 -2--... I I -I I .1 ta saft s N-&. L*. 1..1.fla 1- 11, 1.. ----


* -Rport of reoo ver or oerefnrs.
e Port of trutee or truoees.
SDefitt or other reverse te.
ormerly shbom as Iterational Ir. Co. fe Maime.
Iseluies L eston Almar., lessor to in ITrk Central J.L.


U.S. GOVERNMENT PRINTING OFFICE : 1944-0-597260


nalude AUteoa. %"a, a "as Fe 1W. rr.oe a Smal so Mr.. a p a m
Sper wS Letaal &a toer. loolvi sfouhwa Poifte CompW. 2m and No Orlowa L L 0*.. ao lin es.r
Operatedby Federl Managr.