Selected income and balance-sheet items of class I steam railways in the United States - 1949

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Material Information

Title:
Selected income and balance-sheet items of class I steam railways in the United States - 1949
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:
1949
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:
AA00000587:00017

Related Items

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

Full Text

UNIVERSITY OF FLORIDA C

8IIIIIIIIIIIIII IIIIIIIIII IUIIIIlliAli INTERSTATE COMM1R V COMMISSION .
3 1262 08851 3279 BUREAU OF TRANrorr.c AND SrANTSrCA B 'T


Subject to revision


Statement No. M-125
JANUARY 1N9


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

Compiled from 12B8 ports (Form IB) rlprentlng 132 team railway #
(SWITCHING AND TERMINAL POIPANIE NOT INCLUDED)

UNITED STATES .. EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of January For te months of ath of January For the months of For the month of january For the months of

1949 .1948 ~u9 ...... _. 19414 ______1949 94...
1. Net railway operating income ...................... ..-.......... 244 479 12 97 149 i7 9753 68 $5099 227 7 005 360 877 536
2. Other income 18............... ---..... 1896255 19 405 916 8 306 968 9 812 343 710 669 883 737
3. Total income ....................................51540 734 60703065 6 80 236 14 841 70 7 716 029 7 760 87
4. Miscellaneous deductions from income ............................. 3623 935 3 845 208 860839 676284 591799 586 140
5. Income available for fixed charges-------................ 47 916 799 56 857 857 S ,419 397 14 165 286 7 124230 7 174 733
6. Fixed charges:
6-01. Rent for leased roads and equipment .... 8 219 978990 89 7 015 17 1 16 231 15 864
6-02. Interest deductions/ ---- ................. .. 24 554 448 24 343 750 4 620528 10653401 1 65652 1 033 473
6-03. Other deductions.7........................... 167 525 143 235 51114 39 688 6 125 2 229
6-04. Total fixed charges........ .............- 829 192 34 276 475 07 531-449 17 708260 1288 008 1 051 566
7. Income after fixed charges....... ............. 15 087 607 22 581 382 7887948 4 3542974 5 836 222 6 123 167
8. Other Deductions ............ ......................... 3 203 638 3 239 214 1 1 324 675 347. V -,
9. Net income ........................................................................... 11 883 969 19 342 168 6 563 273 4 886 945 5 836 222 6 123 167
10. Depreciation (Way and structures and Equipment).... 32667 270 30 112 091 3 033 466 12 192 048 2 436133 2207 852
l. Amorztio of defense projocts---.------------------- 1 380 527 1 368 598- 465288 465 724 75919 70462
2. Federal income taxes.................................------ 18752995 23 86 324 7 635 347 5 433 397 3 490 675 3562 604
13. Dividend appropriations:
101.On common stock ................................... 6401595 158609 0 000 20 000 -
13-02. On preferred stock.................... ....... 4 667 659 2 325 748 2 856 920 2 315 525 -
Ratio of income to fixed charges (Item 5+6-04)... 1.46 1.66 1.45 .80 5.53 6.82


SOUTHERN REGION "WESTERN DISTRICT MILLION* NET INCOME-ALL CLASS I RAILWAYS msLLos
Income Items OF DOLLARS er OOLLI
Income Items P m onth of January For the months of or the month of January For the months of 00 10

1949 1946 _____ 1949 1948
1. Net railway operating income................... ........... 9 386 015 010 567 699 \ 1U20 164 18 822 687
2. Other income...............-----................-.---.-... 1609305 1669 826 76 313 7 040 410 0 0so -
3. Total income.....--..... .- .................. .... 10 995 320 12 237 525 6 549 149 25 863 097
4. Miscellaneous deductions from income...................... 285 687 426 671 1 885 610 2 156 113
5. Income available for fixed charges.................... 10709 633 11 810 854 4 663 539 23 706 984
6. Fixed charges: 0 -- ----- ----
6-01. Rent for leased roads and equipment....... 791 927 861 146 439 254 1 897 309
6-02. Interest deductions IJ.... ----..........3 589 972 3773895 A9 078296 8 882 981
6-03. Other deductions ..... ........ 25650 23 582 84636 77 736 o
6-04. Total fixed charges............. ..... 4407549 4658 623. 9 602186 10858026
7. Income after fixed charges.... ............. 6302084 7158231 4 98647 12848958 40 ------ ---4
8. Other Deductions ........ ................................... 326 234 296 624 17b 1 598 619
9. Net income..... ............ .... 5975 850 6 855 607 491 11 250339
10. Depreciation (Way and structures and Equipment).... 4 318 765 4 002 427 2878906 11709764
11. Amortization of defense proJeotjects--------.-------- 217181 211 588 622139 620824
12. Federal income taxes....................... ---................ 3 360 127 3879 433 4 266 846 10987 890 30 \
13. Dividend appropriations:
13-01. On common stock-........................... ........3 138 610 3 138 609 3 242 985
13-02. On preferred stock........................... ....... 569 58 10 223 1 241 157 aI I I I I I I I I I
JFMAMJJASONOJFMAMJJASONDJ FMAMJJAo0o
Ratio of income to fixed charges (Item 5+6-04). 2.43 2.54 49 2.18 1947 1948 1949


UNITED STATES UNITED STATES
Seleoteda xpendlture and ALset Items Sele ted -i-bil-- Items aANALZUS OF 1ET I300M3-ALL CLASS I RAILAKS
Balanoe at the end of January Balance at the end of January

RIsports showing Reports showing
17. Expenditures (gross) for additions and betterments- R t s 40. Funded debt maturing with 6 months ........ .. 204_61153 129 862 eo laom et Def t
Road ..........-......-...................................... ......-.-B,726,6BW 40. Funded debt maturift- _ith 6 months I/ ........... __ $2o4 61o 153 Pori*& Nt Z&** Not Deficit
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable ........--.4,31,32 000 NMumber Amount Number Amount
Equipment...... ,794.........2c ad ........................................ ,79972 6, ,87 4. Traffic and car-service t1 ances-Cr.......... .79 792 5 662
19. Investments in stocks, bonds, etc., other than those 4 Audited accounts and wag payable.......--.. 23,223,1 529 250
of affiliated companies (Total, Account 707) 519 66.......... 5 9614 4. Miscellaneous accounts e.... .235, o5 January 1949 65 30,512,337 39 16g,62g,368
& :19 Miscellaneous accounts b ..................................... 9
20. Other unadjusted debits........................................................... 12,54 0 10, 4. Interest matured npad .......... 7289 Jnuay 194 5 37,849,271 38 18,507,103
S27 a 46. Dividends matured unpAid. 47,70 7,273
21. Cash......................... ............. ------- Unmatured interedpst- aorue ...0....... ..2. 75,537 .
22. Temporary cash investments.......................... ... 1,0 693791,1 --------------6
Spnatured coodividends depaole., ..........:............ 2 2 udes5 rpors of ds 1hos7 n.t ,oo
23. Special deposits.-- ............. ...................... ................ 2 49 Arued accounts payable 2 39.......... 1.07
24. Loans -and bills receivable................................................. 9 12 6 9,7 50. T es accrued 712........97..1 ...... ..- 207 -lu p r of roads. w.hos n.t ino
Traffic and car-service balances-Dr................... 52,5 x89ar 52,929g36, 50. Taxs acred 58 02 9.7b.0 Ealue hoe nt..........1
22. Traffic and car-service o.balances-aDr.... c 12 2 51. Other current liabilities. .. ................... 0 54,678 110,126,502 (or deolt) absorbed by the controlling company.
26. Net balance receivable from agents and conductors... 1I '171,3............... ...... .... -
27. Miscellaneous accounts receivable ....................1.... .. Total current liabiiti tes' items I4 to ) 2,098,184,70) 2,000,115,6k6 PeAod. Number Uxoluded
28. Materials and supplies............................. ................... s 71,996,61 -
29. Interest and dividends receivable 12, _-- 1 ,'5 2 53. AnalysiS of taxes acoruel; January 19
30. Accrued accounts receivable 157. 2 17s 13 9 53-01. U. S. Government taxes.............. ........... 664 ,082 576167,661 January 1 4
31. Other current assets .......... 53-02. Other than U. S. Government taxes ........... 11,88,20 123.r458,
32. Total current assets (items 21 to 31) ........ 4,656,051,565 3,567,907,450 54. Other unadjusted credts.:................................ ... .....2 217 321 343,i3O0 ,


4 Decrease, deficit, or other reverse item.
y Represents aooruals, including the amount in default.
# Exclude Missouri & Arkansas Ry. Co. Road not in operation.


/ Inoludes payments of principal of long-term debt (other than
longtMrm debt in default) which become due within six months
after 0lo* of month of report.
/ Includes obligation hioh mature not more than one year after
date of issue.


...-I. L1Ra~-;n;---. -- .'. ;. 1







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AM) DISTRICTS, CLASS I STEAM RAILWAYS
FOR THEE ONs Or JAIIUaR 1949 AND 1944


Page 2


mT RAILWAY OPERATING m2 unOOcM JnDAL INCOE DIVIBDID A D REARIATAY OPATINP O m I XOaG OIBPAL ImaOC DIVIDND
ICOQS cu en AIOrAPPRO lATIcO mean tal s APraoPRIATIOiN
eBgion and ilway ______ region and railTay
1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 199 19480 9 1948

United States total ................ $33.244.479 $41.297.149 $11.883.969 $19.342.168 $1.752.995 $23,863.324 $11,069.254 $5,484.357 Southern Re on Continued
atern District total .............. 17.973.268 5.029.227 6,563,273 a 4886.945 7.635.347 5433397 2,76.920 2.335.525 Clinchfield ........................... $345.199 526.15 .17 4187
Columbus and Greenville ............... 14.33 1301 16,067 $13,06900 5,000 -
New inglaad aleon total ............ 1.421.945 d 1.923.201 146.063 6 2.728.966 415,398 259.437 19.138 1592 lorda at Co .................. 400, 4672 3.454 107,489 15,000 70,000 -
Georgia B.B. Lesse Organiation .... 84,8 5.3 -
.andr and Aroostook .................. 245.272 304,744 200371 259,897 125.876 159.291 Georgia & Florida .................... d 49.081 5686 119462 1 -- -
Boston and Maine ...................... 252,193 d 63.57 1.277.333 17,500 Georgia Southern and lora.......... 27.156 5.999 645 29225 1000 25.000
Caesdian National Lines in Nev england d 113 6 110 282 I 44 126 7 tlf, Mobile and Ohio ................ 567.460 535.971 330,422 296.332 202.000 1,.000 -
Canadian Pacoiic Lines in Maine ...... 19 327 Illinois Central ...................... 1,865,421 1,230,103 1,113,195 472.761 736.000 330.000 $59593
OCnadialn Pacinfo Ls in.. YVrmont ...... 99 4 11. ouisville and Nashville .............. 1,359.779 1,226,373 931,260 941.586 619,183 595.475 2,059,200 2.059,200
Central Vermont ....................... 4 a 217.0 6,700 6.600 Mississippi Central ................... 12.986 23.257 9.095 14.710 15,769 s8.874
aine Central ................... 30,694 6, 236,798 48.446 19,138 18,592 Naahrlle, Chattanooga & St. Louis .... 275.670 205,807 176,756 116.693 10867 72,286 255,983 255.982
w York Connectin ..... .......... 993 255 23.718 5 New Oran and orthatern .......... 162a821 2 2.715 146765 21 o0.6 10.o00 150o.0o0 -
saw York, SNv aven andd rtfor ..... 690,918 4 0 219,570 27,600 27,600 ortolk Southern ..................... 58.291 .556 40,5 1,196 42.796 -
tlnd** ................. 1 69 109 506 174.491 4 137.39 aboard Air Line .................... 1,095.391 1,209.5.5 825,642 918,586 500.000 400,000-
...S...... .------- Bouthern .............................. 1.2214519 496. 33 27.763 1,546,340 170000 1.130.00
Great Lake egion fetal ........... 7,015,200 1.666.09 3,493,450 6 2.756.782 2,247,194 1.754525 2,577.870 2.037.021 ennessee Central ..................... 5,81 8 M -
vestern Ry. of Alabsa- ................ 17,009 20691 3 12,857 22,380 -
Ann Arbor ............................. 5.7142 21.129 449,28 5,640 27.430 10,199 -
Oambrla and .diana ................. 86605 45,16 6651 44927 55170 56961 Western Distrlot Total .............. 1120 164 18,822.687 6.491.376 11,250339 4,266.846 10,987.890 4,484,142
Del aware and Hdon ............ ... 137.45 349.21 6 216.307 143.000 -
Delaware., akawanna and Western ..... 534,431 36,002 161,490 12.133 79,912 .9 Northwestern Region Total ........... 8.672.165264 8.745 5.66 143.581 95,919 150.000
Detrot and Mackinao ................... 26, 47.509 19,688 40,201 1,166 -
Detroit and Toledo Shore Line ........ 132072 114,522 124,258 106,716 77,077 66.894 20,000 20,000 Chicago and North Western .............. 144.323 2.217.19 446,0 2, -
rie ........................... 1,46004 631.215 561,937 152.687 31,680 93.910 2.017,01 2,017,021 Chioo Great Western ................. 50 0 20
orand trunk Wetern .................. 6,312 11 Ohicagoiwink.,St.Paul and Pacific 1 122248 -
Lehigh. and Hudon River ............ 12,048 l; 10,34 Chcagto,Saint Paun,Minneapolis & Omaha. A 206.- d -
Lehigh and Nev England ............... 79,096 bo966918 41,240 438 Duluth, Missabe and Iron Rege ......... d i -
Lehigh alley ........................ 331.798 4,233 50.9 1 4141. 4 Duluth, South Shore and Atlantic .... a 1 .730 1, -
Monongahela .......................... 91,699 108,138 7 3 54.622 41W Duluth, Winnipeg and Pacific ..........T 1 d 21 20 -
Montour .............................. 64,080 65,1 10 .370 305 3952 Great Northern ........................ 1 .163432 -
eow York Central ..................... 1,693,.691 a 35.3 794.933 4 21 062 148744 130,42 oreen a and estrn ................. 3.91 13 3 581 25919
ew York, Chica and St. Louis ... 1,227,785 799-7 1.077101 64 9 600.o000 333,000 54 49 Lake Superior & Ishpemin ............. l 01 a a 1.000- -
Iev York, Ontario and Vestern.* ...... d 994 22 217 331 Minneapolis & St. Louie ............... 2207906485.9256000 50.000 150,000
New York, Susquehanna and Western** .. 3 Minneapolis, St. Poa & S.S. Marie .... d 524200 d 9 .d -
Pittburgh and Lake Br. ............... 763.159 366283 296,408 Borthern Pacific ....................... d11416 281 241,31.1 d -
Pittsburg Sha..ut .................. 35,171 0.395 49.317 pokane Internatonal ................. 56 7.161 -
Pitteburgh & vest Virginia ........... 155,810 13 3 118621 97928 74913 61091 Spoke, Portland and Seattle. ........ 6 0 26,743 d 2 -
Wabash 599,854 950.481 426,575 764,531 315,268 476,245- Wisconlsn Central / ..16,027 4.690 3
Central astern region Total ........ 9.536,123 5.285.619 2,923.760 598.803 t4,972,755 3,419,435 279.912 2 279912 Central Wetern Region Total ........ 804,822 4.346,464 1.279.175 12.955.482 2,.489,483 8.301,942 -
Akron. Canton oungstown ............ 5,066 89,782 43.930 81,244 25944 49.488 Atchis e opa and Santa re ...... 2.473.614 4.357.43 2,106. 0 3.945.842 1,407.000 2.599.000
B lt morn A Oho ..................... 2.819091 2.652,6484 1.6;702 923,406 1.062.000 359.100 Chicago, Burlington & incyr ......... 551.466 2.520.59 182,602 22.3803 313.100 1.07.700 -
..essemr r ake rie .................. 176,018 12011 9770 100.621 77.400 81.277 Ohicao, Book Island and Pacifio ..... 1. .,653 1059 77 584,000 474,000
Central B.B. Co. of Nv J.er.e* ....... 99666 8411 892.60 200 200 Colorado and Southern ..................... d 14 74906 175.937 4796 58,045-
Central 1.R. Co. of Pensylvania ........ 7!882 i 50295 20t 114765 700 Colorado yoain .................... 53.70 I 5046 33.300 33.100 -
Chicago A Amstern Illinois ............ 142,950 146,275 36,D817 41.296 20,000 26.000 ever man iorae Western ......... 539,79 1,015.370 168.868 713.688 1.000 170,000 -
Chicago & Illinois Midland ............ 127.495 158.275 92,743 123.437 56.900 75,600 r ort Worth and Denver City ............ 20,913 137224 5 2 59,202 50,966 -
Chicago, Indianapolis and Louisville 32.715 80,737 1 2.213 20401 Northwestern Pacifie .................. 4 103.572 d .: d 10 -
Detroit, Toledo and Ironton .......... 463.730 319.748 43.82 298221 272 839 154.759 oreeto northern ................... d 1422 & 40
alCn. Joliet and astern ............. 713.777 353.069 694,577 329.574 7.333 278.562 southern Pacific ...................... 2 7193 52.502
llnois Terminal ................... 4,764 96,301 68s,9 50.30 51,200 40,100 Southern Pacific Tranp. System .... 322.681 1 2.104.670 1,163 149
on Iland........................ 1223.764 1133964 a a 1 Toledo, Peoria & Western.............. 75417 43572 1925 40183 44,o083 ,629
Xi2souri- liaole .................... 82313 .2i 86482 84 53,.000 52.o Union Pacific ......................... 2,587.191 542,024 4,671.712 2,600,000
Pennsylania ....................... 4325,393 1,585 62162 804000 150917 .............................18 22 11912 -
Pennsylvania-Reading Seashore Lines .. 528.985 a 416.5 4 6n 30,6o: 30.640 W11 stern Poific .............. ...... 387.575a 3. 130.261 32.000
leading .............................. 75.9 478379 W297 4,116.092 279,912 279.912 -
Staten Island a.pi T.ransis .......... a 41 35 d 5 a ." So.thwester .. egio total ........... 6.747.179 7,155,487 3.538.194 3.956,088 1.633.782 2.590.029 4,334,142
Western Maryland ..................... e 2 3 -mX 3860000 0,00ooo -
heeling and Lake rie ...............971 654316 64165715 60:000 40E2000 _ea aont, Sour Lake A Vesterne* ....... 224.801 190752 222.929 189,53 139,000 92.000 -
Burlitnton-aock Islad .................d A 5.977 d 94,18 -
out n D trit total ............. 16.391.375 17,45.235 ,11.8l2,072 12,978774 6,s50so 2 7,442,o37 3,708,192 3.114 32 Internationa great o ertherne ........ 21650 199612 3261.3 2.600 -
Manas City Southern .................. .. 871.436 726950 721738 562,250 375.000 350000
Pocahontas Begion Total ............ 7,oo5,36o 6.877,536 5.836.222 6,123,167 3,490.675 3.562,604- -- ane,, Oklahoma ulf ................ 113.189 76,676 103,622 67,937 85,506 45, -
L.Louisiana .Arkasas .................. 237543 249.911 1,.510 235.9 1o3,0 192,00
hepeke and Ohio ................... 319,875 2,536,083 2,456,127 1.909,968 1,636.467 1,160.64 Midland Valey ........................ 10,190 28,42 167 3631 12.780 24,421
Norfolk and estrn .................. 2,659,217 3,274,2 2658735 3,268,588 1450,000 1825,000 Mi our .an.ae-o ................. 317,986 327,410 96.801 93529 46,000 92,000--
iohaond, Fredericksburg and Pooe 53.570 275,638 61,78 281,758 314000 170,000 Miseouri-Pacifo .................... 1,512,218 1,523.815 233357 212,728 115,000 -
Virginian............................. 872,698 791.789 659.576 662,853 370,208 407.000 o w Orleans, Texas xio ......... 330,94 210,514 113,624 a 70.000 -
akahoama Cit.y-AdAtkas ............... 8.799 8.584 6.915919 9,610 396 -
Southern Region Total ............... 9,386,015 10,567,699 5.975.850 6.855.607 3,360,127 3.879.433 3.708.192 3,148.832 St. Louis. rownville and Meico** ... 106,792 391,04 52,361 329,885 32.000 162.000 -
St. Locu-san Francisco ............... 502.99 0 5 5 92,562 236.533 99,000 128,550 4,334,142
Alabaa Great Southern ................ 1 774 219.951 110,111 194,64 75,000 140,000 St. Loui, San 1ranoi.o and .Texa ..... 2,65 400,481 l,45 3,564 1.500 26,000
129, St. Louie. San Francisco and Texas .... 2,265 1.1145 36, 1.500 26,000 -
Atlantaa Saint Andrew B .......... 3 0 35.774 31.835 32.91 25.673 19.721 St. Lou Southwestern ................ 733101 974,33 60,76 8 399.68 595416
Atlanta and est Point ............... 7224 13.508 15,629 19,439 12.211,686 San Antonio, Uvalde A ulfk ........... d .258 a g 26 d 8.42 -
Atlantic Coat n ................... 1,192,388 1337,212 1,73559 1954.774 400000 300,000 823,427 23. Texas and N Orleas ................. 959,039 7591 1 610.647
tLine......... ..............192 1
Central of Georgia .................... 59196 4 267 24.395 417.9 13,824 Texas and Northern .................... 27.928 27,928 17.100 -
Charleston a eastern Carolina ......... 2,614 2 a 2395 Teas and Pac .ific..................... 597,006 596 88 4 ,941 434,585 99000,000
cinnati, Orlean & Ta P 491724 636,672 3 32 876 255000 350000 10223 10.223 Ta Mexican ......................... 50,439 45.920 4,615 39.092 27,000 20000 -


* Report of receiver or receivers.
e* Report of trustee or trustees.
d Deficit or other reverse item.


b orderly included in report of Minneapolis, St. Paul & Sault Ste. Marie.
a Includes Atchison. Topeka A Santa PI sy., Gulf, Colorado & Santa Fe By., and Panhandle & Santa eg By.
i Data not included in totals. Includes Southern Pacific Company, Texas and Nev Orleans BR.. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE:1949 0 800193





UNIVERSITY OF FLORIDA/

3I1262 513121 INTERSTATE COMMERCE COMMISSION
122 08851 3121 BUREAU OP TRANSPORT BCOMC41CS AND STrATIUCS


Subject to revision


Statement No. M-12S
FEBRUARY 1949


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

Compiled from 12 reports (Form IBS) presntin 132 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of February For the two months of FO the math of February For the two months of for the month of February For the two months of
1949 1948 1949 1948 1949 1949 1949 1940 1949 1949 199 1948
1. Net railway operating income... ...................... 29 754 215 p9 425 294 $62998695 (8.1071747 $15 397 844 $7 309 440 $33 371 112 12 687 970 6 152 533 $5764 902 $13 157 893 $12642 438
2. Other income --------.................................................14 799 573 20055 667 33095827 39425 466 7.63 323 122237 192 15 570291 22013418 560 965 807 036 1 271 634 1690373
3. Total income................................................... 44 553 788 59480961 96 094522 120497213 22,661 167 19 546 632 48 94-1403 34701 388 6 713 498 6 571 938 14429527 14332811
4. Miscellaneous douctions from income ...................3--- 366 305 3 441 779 6 990241 7286 990 811 114 711 202 1 671 953 1 387 487 571 782 526 837 1 163 581 1 112977
5. Income available for fixed charges -...............41187483 56 039 182 89104281 113210223 211850053 18 835 430 47 269450 33 313901 6 141 716 6 045 101 13 265 946 13219834
6. Fixed charges:
6-01. Rent for leased roads and equipment............. 8 738 596 10 270438 16 845744 20059928 6,886 499 6 875 881 13 746 30 13 891051 14 091 13 765 30 322 29 629
6-02. Interest deductions /............ .......... 24 575 865 24 234 72 49 130 351 48 578 474 10637 170 10 54 399 21 257 699 21 19.5 801 1 269 401 1 027 607 2 535 053 2 061 080
6-03. Other deductions ....................................... 177 528 136 387 345 053 279 621 55 298 38 520 106 412 78 208 6 125 2 2 12250 4458
6-04. Total fixed charges...............................33 491 919 34641 51 66 321110 68 918023 17 578967 17456 800 55 110416 35165060 1 289 617 1043 61 2 577625 2095167
7. Income aftr fixed charges... .........................7 695 564 21 397 631 22783171 44292 200 4271086 1378 630 12 159034 d 1 85 159 4 852 099 5 001 500 10688321 11124667
8. Other Deduction.................................. 3 060 476 3 151 397 6 214 11 6 390 611 1289236 1 318 813 2 613 911 6627-84
9. Net income.. 4 635 088 18 246 234 16 569 056 37 901 589 2 981 850 59 817 9 545 123 4 513 943 4 852 099 5 001 500 10 688 321 11124 667
2O! Depreciation (Wa and structures and Equipment)...... 32 767951 30 178996 65435222 60291088 12 962 149 12098 628 25 995615 24290676 2468 606 2212 182 4 904739 4 420034
1.Amortization of eene proects---------------------- 1368167 1 685 277 2 748 693 3 053 875 466 052 462 496 91 339 928 220 72 687 69 908 148 606 140 370
2.Federal income taxes..............--................------..... 18 653 423 22 323 963 37 406 418 46 065 627 7 278 618 6 198 508 14 913 965 11 510 245 3 032 583 3 019 446 6 523 258 6 582 050
13. Dividend appropriations:
13-01. On common stock..................................................... 18 607 788 26 50 653 25 009 383 29 662 262 1 528 543 1 293 684 1 548 54 1 313 684 5 001 237 10 856 559 5 001 237 10 856 559
13-02. On preferred stook........................... 8 792165 4 268 196 13459 824 6593 944 467556 467 556 3 324476 2783081 172991 172991
Ratio of income to fixed charges (Item 5+6-04)... 1.23 1.62 1.34 1.64 1.24 1.08 1.35 .95 4.76 5.79 5.15 6.31


SOUTHERN REGION WESTERN DISTRICT
IL__ IONs NET INCOME-ALL CLASS I RAILWAYS MILLION
Income Items OF DOLLARS OF DOLLARS
Income Items .For the month of February For the two months of For the month of February For the two months of I0 t 1

1949 194819 19191948 1949 1948 191.9 1948
1. Net railway operating income..........................-- ..--........ 851 991 10 595 135 18 238 006 $211626 34 d 48 15 $15 755 817 d 1 768 316 $34 578 505
2. Other income............. ............................. 851582 892 635 2 460 887 2562 461 6123 70 6 118 804 1793 5 1 59214 80 so
3. Total income ......... ..................... ............. 9 703 573 11487 770 20698893 23725295 5 475 550 21 874 621 12 024 699 47737719
4. Miscellaneous deductions from income........................ 183 879 356 980 469 566 783652 1799 530 1 846 760 3 685 141 4 002 874
5. Income available for fixed charges ..... .. 9 519694 11130790 20229327 22941643 3 676 020 20027 861 8339558 43734845
6. Fixed charges: s
6-01. Rent for leased roads and equipment................ 786 123 850288 1578050 1711434 1051813 2530504 1491067 4427814
6-02. Interest deductions l/..... ......... .. 3 586 367 3766 465 7 176 339 7540359 9 08292 8 898 255 18 161222 17 781234
6-03. Other deductions_..... 25 821 22 979 51471 46561 90284 72659 174 920 150 394
6-04. Total fixed charges -..................... 4 398 311 4 69 732 8 805 860 9 298 354 10 25 024 11 501 418 19 827 209 22 359 442
7. Income after fixed charges ......................... 5 121 83 6 491 058 11423467 13643 289 d6549 004 8 526 443 d11487651 21 375 403 40 -- -4
8. Other Deductions.............................................................. 329 418 299 816 655652 596 440 1 441 2 1 532 768 944 552 3131 387
9. Net income... .................................................... 4 791 965 6 191 242 10 767 815 13 046 849 d 7 90 826 6993 675 d 14 432203 18 244 016
10. Depreciation (Way and structures and Equipment)..... 4 376 661 4 025 793 8 695426 8 028 220 12 960 535 11 842 393 25 839442 23552 158
11. Amortization of defense projects --.........--------- 207 359 212 351 424 540 423939 622 069 940522 1244 208 1561346 20
12. Federal income taxes.......... .................. ....... 2 991597 3884155 6351724 7763588 5350625 9221854 9617471 20209744 -------to
13. Dividend appropriations:
13-01. On common stock.... ---.................... 99 397 37 001 3 238 007 3175 610 11 978 609 14 316 409 15 221 594 14 316 409
13-02. On preferred stock.. ................ 10 222 10222 579804 20445 8 314387 3617 427 9 555544 3617427 0 o I IJ | I O N
Ratio of income to fixed charges (Item 5+6-04). 2.16 2.40 2.30 2.47 .36 1.74 .42 1.96 1947 1948 49


UNITED STATES UNITED STATES
Beleoted Expendlture and Asset Items 8elooted Liability Items AINLYES OF mET ICOM1-A-LL CIAUS I !RILWaX8
Balance at the end of Februaryt Balance at the end of February
1919 1948 1919 1918
Report showing Reports hoping
17. Expenditures (gross for additions and betterments- $ Funded debt maturing within 6 months / ...................... $204.736,532 $134,623,747 Peroda Net Inoome Not Deficit
Road........................................................... ....... ----.. $45,807,666 039,978,899
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable /........................................... 4,31352 3,915.000 umber Amount Number Amount
Equipment ..................... .......15......... ........ 172,5,672 129,461,023 42. Traffic and car-service balandes--Cr ............. ............ 83,3 108,899' 8
19. Investments in stocks, bonds. etc.. other than those 1 Audited accounts and wages payable..........- ........... 5 6 7 627,972,149 February 19.49 84 $28.,85,728 4o t24.200,64o
of affiliated companies (Total. Account 707) 519,196,716 5 6,51,121 Miscellaneous accounts payable.......-.......---................. 199 2 7156 Februar 19 0 5 2 1579g 61
20. Other unadjusted debits ................................................................. 130,781,960 166,073,195 Interest matured unpaid......................................................... 3 7 ,872 6,562,069 2 months 19. 81 57,711,088 14 1, ,2


I:s laaneos souns __re__ivbl_ 1 _0 78l; ;o. InTotal current liabilities. (items 41 to )........... 2.4.154l,7683 2088.,534,675 Pmh9oo Nu5,b71,0 11.3ludeI.1d
2. ter andDiidends matured unpaidc....eiv1 53. A...................nl............5 8 29 2 months 19a8 85 71,513,81949 4
21. Cash ............................................................ 880,507,529 99,272,20m nt7. Unmatnred interest accrued:........................... 9 O, 8,7,962
22. Temporary cash investments....................... .1,010,231,850 981,92,90 Unmatured dividends decr --lare.... .......................... 817,861 0, ,8
30.Loans and bills receivable 148,29011,643 1,298,97511 50. Taxes accrued. nmnt ta.. ....... ...... 721. 659, 81 ,54
31. O their current assets ...... 40.595,108 ,929,027 .53..2: Other Phan ..., Government- taxes., -1 11,;0.9;,00 2 monne 1oo49 4
2. Traffic and car-service balances-Dr21 to 31) 3.589,236,003 51,526483 51. Other urrnt liabilities- ............................... 78(ordeficit) s absorbed by the controlling oomany.
Net balance receivable from agents and conductors.. 133,167,55 139 119,298,679l
27. Miscellaneous locounts receivable ..................... .. 67,00 3350812, 393 52. Total current liabilities (items 11 to 1).......... 2,141,5141,693 2,088,534,675 Period Number Exoluded
28. Materials and supplies.................................... ................. 881,765810 788,305,409
29. Interest and dividends receivable............................. 11,765,621 16,114,7822 53. Analysis of taxes accrued: February 1919 4
30. Accrued accounts receivable.. ....... .............. 1 ,211,643 173,29,971 53-01. U. S. Government taxes...............................................:62,766,187 539,968,542 February 19t 1i4
31. Other current assets ......................................................... 0,595,108 40929,027 53-02. Other than U. S. Government taxes.... 12.,1 2 79 .11 9,008 2 months 191 4
.54. Other unadjusted credits ....2, 39... .......8,339m........... ....9 1,8309 2 months 19184
32. Total current assets (items 21 to 31)-3,589,899,701 3,605,664,837


d Deorea" deficit, or other reverse item.
SRepresents accruals, including the amount In default.
f Excludes Missouri & Arkansas Ry. Co. Road not in operation.


2/ Includes payments of principal of long-tear debt (other than
long-tem debt in default) which beoomes due within six months
after close of month of report.
/ Includes obligations which mature not more than one year after
date of issue.


r







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TWO MONTHS RNDED FEBRUARY 1949 AND 1948


Page 2


NIT BAILWAYT OPERAwING NE INCOE IZRAL NCO DIVIBSnD NET RAILAY OPERATING NE INOS DERAI. INCCOI DIVIDED
INC0MB TAXIS APPROPRIATIONS fICOMB IM004 Am APPROPRIATIONS
Region and railwy a _Region and railway
1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948

United States Total ................. $62,998,695 81,071,747 $16,569,056 $37,901,589 $37,406,418 $Z46.065.627 $38,469.207 $36,256.206 Southern Region Continued
astern District Total .............. 33.371112 12.687.970 9,545.123 a 4.5.4 14.913.965 11,5l 45 4873,021 4,096,765 Cinchfield .......................... 681,0 1,023,060 108,356 108374
Colmbus and Greenville ............... 31.135 30,094 34,49 31.32821,117, 17.052 $17.238
NHw England Region Total ............ 2.597,024 2.400.44 190.297 4.331.588 917.121 459,162 6642 oria at oast .................. 931,751 961,64 210,706 252768 115000 160,000 -
Georgia R. R. Lessee Organization ... 107,800 83,504 -
Bangor and Aroostook .................. 680,494 42. 43 993,120 552,727 369,658 338,767 47,850 4750 Oeorgia & orida ...............1d.... 18 25.4 5 32 -
Boston and Main ...................... 503.985 66104 129.38 1 2 37,267 34,725 Georgia Southern and lorida .......... 52 10 2330 5378 3.0 37000 -
Canadian National Lines in N ngland.. 6 11 27968 Gulf, obll and Ohio ................. 1.103. 1,005,971 625,097 535, 382,000 327,000 -
Canadian Paific Line in Main ....... 636 199 3 Illinois Central ...................... 3.787. 3.588,381 2,278.965 2,075,3 1,50,000 1,353,000 559,359
Canadian Pacific Lines in Vermont ..... d 222796 28893 Louisville and Nashrille................ 2,657,814 2,634,346 1,761,483 2036, 1,145966 1,338.350 2,059,200 2,059,200
ntral front ............................ 3.3 3 13,400 14.56 ississippi Contral .................. 28737 35,790 23 7 19.467 25,087 11.610 -
Maine Central ........................ 512,725 09935 318 12 341,596 1588 19.138 8,592 Nashville, Chattanooga & St. Louis ... 500,057 345,211 303,58 157,26 188.755 68,113 255.983 255.982
ew York Connecting ................... 52,506 022 a 4.100 611 Ne w Orleans and Northeastern .......... 269311 404,548 236,61 361.643 160,000 260.000
eaw York, so Ravem and Hartford ...... 1,178427 .100 155.200 55,200 Norfol Southern .....................9641 56,2 58 3576 67,069 2159 37001
Rutland* ............................. 1 a 285.98 dboar Air ine ..................... 1,955,329 2,192,208 1,408,349 1,606,535 835,000 680.000
Southern .............................. 2,437,373 4,430,0 525,907 2,42,284 350,000 1,815,000-
Great lakes *aoon Totsal ............ 15.557.661 5,268996 7.569,723 .091 4.403.817 4.693.961 3.618.262 3.077,413 Tennaesse Central ..................... 33.361 1808o 6.738 18.137 1 -
Western Ry. of Alabama ................ .31,066 79,858 32.654 9 19 2 ,246. -
Ann Arbor .............................. 115.923 59,075 889 2764 5 7 32978 -
Cabria and India ..................... 155.314 s0,4l 15540 79,814 99.373 107,774 Western District Total .............. A1768.316 34.578.505 d 14.432.203 18.2W4.016 9,617,471 20,209,74 24,777,138 17,933,836
Delaware and Hudson ................... 513,958 791 244,606 587636 168,000 382,000 -
Delaware,aa and Western ...... 981,756 :587 203675 149,585 79,912 61,905 422,206 422,206 Northwestern Region Total ...........d 16.350.28 d 4.815.989 22.207.531 d 10.924.908 291,282 322.339 5,481.064 994,104
Detroit and Mackinao .................. 56916 5,881 43,922 70,494 25,142 45,550 -
Detroit and. soldo Shore Line ......... 253,159 229.686 237637 214,003 147,487 133.692 40,000 40,000 Chicago and North Westen ............. d 3.655.6 d 1.996.41 d 4.418.997 2,77495 -
rt .................................. 1,981,426 2,248,650 1.005.471 1,234943 616,790 757,555 2,017,021 2,017,021 Chicago Great Western ................... 2885 394.9306 3 296 26 5 106,000 127.000
Grand Trank Watern ................... 260,051 & 28. 789.83 Chicago.Milvankee.St.Paul and Pacific 1.921.043 d 270.394 2.79.582 119.937 4,486,960
Lehigh and Hdson Rier ............... 22,039 2,7 24, 31.326 18,910 18,817 ChicagoSaint Paulinneapols & Omaa d 371. A 3.219 a 890 728.473 -
Lehigh and. Nw England ............... 126,2 157,474 101,679 136,390 .771 86,046 Duluth, Missabo and Iron Range .......d 296,06 3 6 2 -272
Lehi Valley ......................... 760.157 175.674 4 979 4 7054 Duluth, South Shore ana Atlantic" ... -o -3 -
Monogahela ........................... 140,753 231,140 72,16 23 109,245 11357 uluth, Winnipeg a Pacific......... d 67032 -
Montour ............................... 116,537 137,305 116,793 135 1 7,53 83,012- great Northern ....................... 191913 528 3 8288 -M -
New York Central ...................... 4.767.636 4.982.735 2,50.262 5 475 286,108 266,315 GrOn Bay & Westrn .................. 36 52576 68207 72,61 38,082 68,272 125,000 125.000
N TYork, Chicago and St. Louis ........ 2455,018 1.996.939 2,5,569 1,704,196 1,195,500 907.500 4,8S49 Lake Suprior & Ishpeing ............. 2124 7 p 189 0 g 218.739 187849 1,000 -
v TYork, Ontario and Western** ....... 6 Minneapols & St. Louis ................ 5.1 201 22498 .232,143 146,200 127.067 150000 150,000
v York, 8usqueanaanna nd Wesrn 22E 9 Mnneapolis, St. Paul & S.S. Marie .... d 1.143178 951. d 197 90 .181 719:104 719,104
Pittsburgh nd Lake Zrie ...... ....... 1,5014.,42 1,4865 1,64790 912155 713.110 576,789 Northern Pacifi ...................... 0 333,692 4.207. 1.2 -
Pittsbur I Shamat.................. 76 4 8966 5.300 6720 25,510 Spoane International ................ d 974,0 51 d 115 g 1 -
Pittsbturh & West Virginia ........... 27 27,4,32 194.001 190.048 124,719 118,506 Spokne, Portland and Seattle ......... 98, 60 -
Wabash ................................ 1,0. 2,35O 1 845.478 1,68.937 627,020 1,048.709 598,188,186 Wi6 consin c entsin ral / ...... .......... 117,337 137,066 68,727632 -
0ntral Eastern agion Total ........ 15,216,427 9.19,218 1,785,103 74.736 9.593.027 6,357,122 1,187.771 952.910 Central oetern Region Total ....... 824.714 26.300,696 552.843 22.561,902 5.909,119 15,068,053 14,242,333, 16.939.732
Akron, Canton & Toungtown ............ 108,670 193.676 75,64 163,474 45.394 ,796 Atchison, Topeka and Santa e/ ..... 5,804,073 7,780,700 4,885,609 6860,681 3,125,000 4,663,374 3,640590
ltimore & Ohio ...................... 5.578,032 506995 2,027,188 1336.159 200013560 hicago, Brlington & un ......... 1,92 1 4, 232 118089 14431 1158200 2,680, -
Bessem & Lake rle .................. 332.517 366,563 173.727 20 8 140.481 170,200 Chicago. ock Island and Pacific ..... 1968, 765 1,72533 1,576966 1 455 146600 703000
Central B.3. Co. of Hae JNe yl" ...... 15 5 4 1 400 400 Colorado an Sod uthern .............. 6 126.7 26 98,2
Central R.,. Co. of Pennsylvania ...... 1348 1.530 1400 Colorado ......... 100: 94 456 62000 2
Chicago I& Elltnn Illnois ............ 275,703 262 6753 000 47,000 Denver and Rio Grande Western ......... 1. 030 2,130,6 734.894 1526569 438000 3 100 1,978,242 1,978242
cao Ilnoi Midla ............ 2 326 3020 204,367 233.9209 143,300 Fort Worth and Denver City ............ 126431 225.512 5 4 0822 -
Chicago, Indanapolis and. Louisville .. 56,278 232,12 560 111,017 orthwestn Pacifi ................. 18 00 d 01 18 5881 -
.4o12, Td 1552oloe a nd bronto 8. 67005 l' 111.O17 N orthwestern Pacfioc ............. d 1890 d 59.017 d is d0737.91-
Detroit. Toledo and Ironton ........... 898,099 670,055 5,81 622,911 523.009 32,065 Sacramnto Northern ................... 158 0 d 116.837 d 07. 247 290 -
lin, Joliet and Easten ............. 1390417 846,694 1.350.350 526 857.933 53502 southern Pacific ...................... 1935 4.9 85 2132.215 X,865,127 4.715,954 3.772,763
Illinois Tminal ..................... 216,78 242,567 123800 1 992 91300 109.700 Southern Pacific Transp. System / ... 1,309,6 676002 4,339261 3006,918 ,715954 3.772.763
Long Island ........................... ad Toledo, Peo ria& Vetenm .............. 135,949 1 11 9 9016 79.319 5&48 -
Missourl-Iinoi ..................... 15566 155.53 159,035 1o0699,000 100 ,00 Union Pacific ......................... 9.1624,161,7 4 4 7 8261,918 4,500,o 7,548.137 7548137
Pennsylvani .......................... 5,092,438 1.313.595 1.65 1. 55 3,608,000 2,667,000 Utah ................................. 111 34,111 21,568 -
Psnnsylvanesad .g ashore Lines 2 d .26626 61,261 61,27 western Pacifi ...................... d 638,959 157,816 32,000
Reading ............................... 1,412,914 1210," 37510 12 561,110 385,727 699,618 699.617.
Staten Island Rapid. Transit ........ ....2 19 56 0 Southwestern region Total .......... 13,757.250 13,093.798 7,222,485 6,607.022 3.417.070 4.819.352 5,053.741
Western Maryland.....................-:,"::1, 1 4,636 1 071 222 94.94 807,000 561,000 -
whelig and Lake .rio ............... 1. ,8 1.03,782 1,17.427 1,207,581 678,000 742,000 488.153 253.292 Bument, Sonr Lake Westernm ...... 421156 429149417.145 426,540 18000 193,000 -
Burlington-Rook Island ................ 92,4d57 a 7.676 87 19 02
So D trt total ....... 1.395.899 33805272 21.456.136 24,171,516 12.874.982 14,345.638 8,819,048 4.22.605 International-Great Northern ....... 279.039 202.083 1 2600 -
r0on City Southerm ..... ..... 151.7 1,oS 129oo4o ,6 72 7,000 700,ooo 19,59
Poahontas Region Total.............. 13.157.S93 1 42,62438 10,688.321 11.124.667 6.523.25 6, 50 l5,001,23 11 55 ns. SOam t........ ..... 1,59 1,S 1,T,28 1, 73 6799 1,o 1 .716650 7196.99o -
.Loutisian & Arkansas ................. 2461,,8 2475,957 361763 246673 215,000 362,00
Chesapelke a Ohio ................9... .693804 4,925,100 4,650,224 3,683.294 3,036.467 2,245.625 6 idland Valley ....................... 56 3 4 4 o 455 3 -
INorolk and Westen ................... 15 5.L19 373 47T719 8 5.955604 2,750.000 3425.000 4,249. 4 49 Xsrl- sa .-Tea .................. 729,46 278 8 172,612 208000 86,000
tlchmo n t.rlderickburg andP.;Poto. .. .925 3.215 82.84 12.034 45 8, 000 252000 Mrls adiflo .................... 3225.26 2.336,14606208 2 395,000 -
irgoi ............................. .66, 31235.532 1.073.735 6 7912 7 81.788 oo** eans, ............. 636,722 46651 206,08 91000 3,000 -
Oklahoma Cit-.Ada-toka .................. .1 7 11,991 10,761 5.,5 17.174 8726 -
Southern Regon Total ............... 18.J 8.0061 21,162,834 10.767.815 13.046,949 6.351.724 7763.588 3,817.811 3.196055 St. Loi, Brownavill and Mexiooas .. 1 ,320 :3 776980 11.63 6822000 -
9b Gre6:tS h 987,996 2.57,2439 268,816 2247,000 183,050 4,33.,142
Alaa 0eant S n ................ 29:9 3 56 2 0.6W 341.45a 1 00 2 i000iSt. Loud, Tn o o a. A6 522 20209 2 50 18,000
Atlanta4& Saint Andrews ay ........... 016 76,14 5.260 70,310 41,707 ,28 St. Louis Southwesntern ............... 1,477,363 1.797,M7 1,216,909 248,362 19 625 1,093,89-
Atlanta and West Point ........... 4015365 9,735& San AntonioUvalde Glf ........l1347851. d 1726419
6. ,3.6-5,,, ,, .......... 2,-816,46 _A1 _n
Atlantic Coasot Line ................... 4 26620 2,816,2461 3.1M.152 8000,000 823,2427 823 427Texas and Now Orleans ................ .321I 1.141,797
Central of orgi......r.........:.16,568 9,9 A d .8 J53 27'47 -Teand Northn ........... ,222822 530,000
arleston stern Carolina 12,63 8 Tas and Pacific...... .......... 104398 1.198,861 5760 768 1,0 575 00
Cinoinnati ow Orleans Txa ;cilio 888,592 41.7. 5 s852,8s 435,000 615,000 20, 45 20,445 Texas Mexican .......................2965 58 ,00 66725 40,308os 45,000 20,000 -


b Formerly included in report of Minneapolis, St. Paul & Sault Ste. Marie.
Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe By., and Panhandle & Santa Ye y,.
S Data not Included in totals. Include Southern Pacific Company, Texas and New Orleans R.R. Co.. and leased lines.


U. S. GOVERNMENT PRINTING OFFICE l'JdA 0 800193


SReport of receiver or receivers.
SReport of trustee or trustees.
d Deficit or other reverse item.





/ c /zT e, 34 to /3


Subject to revision


UNIVERSITY OF FLORIDA

11 11111111111111111 1 INTERSTATE COMMERCE COMMISSION
3 1262 08851 3287 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
MARCH 1M9


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

Compiled from 128 reports (Form IBS) representing 132 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of March For the three months of For the month of March For the three months of For the month of March For the three months of
1949 1948 1949 1948 1949 1948 1919 1941 1919948 1949 19H8

1. Net railway operating income-.................. .65 417 192 660724 331 $128 415 886 $142 646 578 $19 95 450 19 234 174 53 266 560 $32772643 $3 701007 $3 463 919 816 858 990 0 16 106 357
2. Other income .... ............. ......... ... 17 365 365 17 602 269 50461193 57 027 755 7288123 7 472 193 22 858 414 29 48561 179 850 542 948 1451484 2 233 321
3. Total income... ...... ...................... 82 782 557 78 326 60 178 877079 199 674 313 27 183 573 26 706 367 76 124 974 62258 255 3 880 857 4 006 867 18 310 384 18 339 678
4. Miscellaneous deductions from income...................2 848 242 3915 897 9 838 482 11 202 887 897 980 850 148 2 569 932 2237 635 80 403 444 184 1 243 984 1 557 161
5. Income available for fixed charges....... ... 79 934 315 74 410 703 169 038597 188 471426 26 285 593 25 856 219 73 555 042 60020620 3 800454 3 562 683 17 066400 16 782 517
6. Fixed charges:
6-01. Rent for leased roads and equipment........10 525 183 11 133 636 27 370 926 31193 564 6 945729 6 976 483 20 692 033 20 867 534 17 365 13 652 47 687 45 481
6-02. Interest deductions _.............................. 24 610 445 24 220 565 73740761 72799 038 10622927 10520343 31 880 627 31716144 1 282 404 1 034 533 3 817457 3095613
6-03. Other deductions..--........... ............ ... 204 332 145 570 549 386 425 190 57 702 44 941 164 115 123 149 11 148 2 230 23 398 6 688
6-04. Total fixed charges-....-- --- 35 339 960 35499 771 101 661073 104417 792 17 626 358 17 541767 52736775 52706 827 1 310 917 1050 615 3 888 542 3145 782
7. Income after fixed charges..... ......... 44 594 355 38 910 932 67 377 524 84053634 8 659 235 8 314 452 20818267 7 13793 2489 537 2 512 068 13 177 858 13 636 735
8. Other Deductions........................................................ 3 100 845 3 114 776 9 314 960 9 505 388 1 309 665 1 308 605 3 923 576 3 97 389 --
9. Net income.............................. ............................ 4149 51 35796 156 58 062564 74 548 246 7 349 570 7 005 847 16 894 691 3 342 404 2489 537 2 512 068 13 177 858 13 636 735
10. Depreciation (Way and structures and Equipment).... 33 110 997 30 471 452 98 547 219 90762 540 108 165 12 290 122 39 103 780 36 580799 2478 960 2 233 226 7 383 699 6 653 260
11. Amoriztion of defense projects--...-...------------- 1 357 573 1369 805 4 106 267 4 423 679 465 663 464 296 1 397 002 1 392 515 72664 69 S06 221270 210 276
12. Federal income taxes. ............... ....... ............- 24 356 270 26 104 975 61763053 71 337 602 7 231838 6 686 811 22146168 17364 05 1417 355 1 368 369 7 940 613 7 950 419
13. Dividend appropriations:
13-01. On common stock..--... ....................- 23 214687 9 725 988 46 372242 39388 250 0 825 328 7 173 661 12 573 873 8 487 345 5 862 822 10864059 10856559
13-02. On preferred stock............................. ..... 7225952 11372 449 22537604 17966393 181713 610238 3 506 189 33393319 172991 172991 172991
Ratio of income to fixed charges (Item 5+6-04).... 2.26 2.10 1.66 10 119 1..47 1.39 1.14 2.90 3.39 4.39 5.33


SOUTHERN REGION WESTERN DISTRICT
WESTERN DTRICT______________ __ MILIONS NET INCOME-ALL CLASS I RAILWAYS MILLIONS
Income Items OF DOLLARS OF OOLLARS
Income Items For the month of Mah For the three monthsof of the month of March For the three months of f o

_____________ _____________ 1919 19348 1949 1941 1919 1911 1919 1948
1. Net railway operating income...- ---.... -- $11 632 760 #12 729 959 $29 870767 33 892 793 0187975 $25 296 279 $28419659 59 874 785
2. Other income .................-.... ......... ----------- -797 519 1 181 59 3 258406 3744054 9 099 873 8 405 535 22 892 889 21564748 80--
3. Total income---.... ---.......- .....-12430279 13911 552 33 129173 37 636 847 39 287 848 33701 814 51312548 81439533
4. Miscellaneous deductions from income-------- 204 616 610 683 674 182 1 394 335 1 1665 243 2 010 882 5 350 384 6 013756
5. Income available for fixed charges ...---........- 12 225 663 13 300 869 32 454 991 36 242 512 37 622 605 31 690 932 45 962 164 75425 777
6. Fixed charges: 60 60
6-01. Rent for leased roads and equipment..... -... 813 048 877 903 2 391 098 2 589 337 2 749 041 3 265 398 4 240 108 7 693 212
6-02. Interest deductions / -------. 3 609 346 3 753 572 10 785 686 11 293931 9 095 768 912 117 27 256 991 26 693 350
6-03. Other deductions..... ------............ 28 146 23 771 79 617 70 332 107 336 74 628 282 256 225 021
6-04. Total fixed charges---- --.....4.. 450 540 4655 246 13 256401 13 953 600 11 952145 12252143 31779355 34 611583
7. Income after fixed charges----.................. 7 775 123 8 645 623 19 198 590 22 288 912 85 670 460 19 438 789 14 182 809 40814 194 40 V V- -- -__ --- 40
Other Deductions............ ............................ 326 641 304 424 982293 900 864 1 464 539 1 501 747 4 409 091 4 633 135
9. Net income................ ......... ....... ----. 7 7448 482 8 341 199 18 216 297 21388048 84 205 921 17937 042 9 773 718 36181059
10. Depreciation (Way and structures and Equipment.).. 4 412 064 4 035 370 13 107 490 12 063 590 13 111 808 11912 734 38 952 250 35464 891
11. Amortization ofdefense projects ..---...--------215 475 212 092 640 015 636 031 603 771 623 511 1 847 980 2184 857 I
12. Federal income taxes.............. .......................... 5290678 5440893 11642402 13204481 10416 399 12608902 20033870 32818 646 -- ---- ----
13. Dividend appropriations:
13-01. On common stock.... ......................... 9 000 3238007 3 184 610 6 526 537 2 543 327 19 896 303 16 859 736
13-02. On preferred stock.............. ................ 14 108 14 108 595 912 34 553 6 857140 10748 103 18 264512 14 365 530 I I I I I I I
Ratio of income to fixed charges (Item 5+6-04) .... .75 2.86 2.45 2.60 3.15 2.59 1.45 2.18 1947 1948 1D F J Fo49


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items elected Liabilit Items ANALXYSa OF NET INCOME-ALL CLAS I RAILI AS
Balance at the ena of MaMrh Baance at the end of March
3.949 9gg 1949 194 1
Reports showing Reports showing
17. Expenditures (gross) for additions and betterments- 0. Funded debt maturing within 6 months /...........- 1.. 56,885.108 o 152.716,589 Period Net Inoome Net Defioit
Road................... ......... .....7.0.----7--,-7 7 6..--,260,1 475 ..............be 7oo7t# ,mb772o1A,2o,475
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable f .........-............. Number Amount Nmber Aaount
Equipment..... ................. ..... ..... ......... 71686,030 206,538,7622. Traffic and car-service balances-Cr. ...........................703 9 998
19. Investments in stocks, bonds, etc, other than those 4. Audited accounts and wages ,payable -................... .... 475 328 Marh 9 95 i 622
of affiliated companies (Total, Account 707)..... ,0 7 Miscellaneous accounts payable.. ...........5....... .2$2 Narch 4 13
20. Other unadjusted debits.. ... : Interest matured unpaid......................... ... ------------3 months 6 6
1. Cash..............................................Divdends matured unpaid....................................1,021 months 198 87 11,0 15 10,
investme s C,2 10U..........................,47 matured interest accrued,....................... ............ ...... .7 e,
23. Special deposits....-9........................... 122 3 2 49. Accrued accounts payable-..._ 1: ;........... ....... 27 19 49.Ac 18re ac n y _
-2. Temporary cash 9investment.4. Unmatured dividends declared...............................................0 2,10
Speioalsan depollsreceits....................--------------...........
. Loans and bills receivable----------- 8 50............................. 49. Taxes accrued ounts payable 8............... ............... 031 2 Exludes reports of roads whose nt income
2. Traffic &Ad car-service balances-Dr ...........................50. Tahes accrued........... .. ................................................... .. 7 0 6 7 3 ,o59. 4752
25. Traffic and car-service balances-Dr.and conductors ..-- .. 610 12,1 0 51. Other current liabilities. 76.119.280 97.558.475 (or deficit) was absorbed by the controlling oompany.
26. Net balance receivable from agents and conductors 16 7 ''i -
27. Miscellaneous accounts receivable ..............6 39271 2 Total current liabilities (items 4 to ) .96230.07 1,936.157,956 Perio Number Exluded
28. Materials and supplies............. .......-- ......................... 89394,2 7 64,297
29: Interest and dividends receivable........ ............. 6,073 7 53. Analysis of taxes accrued March 199 4
30. Accrued accounts receivable. ......... 53-01. U. S. Government taxes............. 1 March 8 4
31. Other current assets ......................................... 53-02. Other than U. S. Government taxes ...... 2 7.622 3 months 1949 4
32. Total current assets (items 21 to 3) 3.381.40 13 .28.44 54. Other unadjusted credits._ ....................... 3......... 27535, 6187 3 month 1984
2. Total current assets (items 21 to 1)........ 331 I4p0 4932 5


d Decrease, deficit, or other reverse item.
/ Represents aooruais, including the amount in default.
SExcludes Missouri & Arkansas Ry. Co. Road not in operation.


2/ Includes payments of principal of long-term debt (other than
long-te n debt in default) which becomes due within six months
after cloee of month of report.
/ Includes obligations which mature not more than one year after
date of issue.


SAo6


_ I --rrr







INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE THREE MONTHS ENDED MlRCH 1949 AND 1948


Page 2


NIT BAILWAY O PETING N INOM DRAL INOc DIVIDEND M RAILWAY OPElATI A E Nm mDALB IIOO0a DIaVI
ICOa s TAXS AAP2OPRIATIONcs lOaN cxTAM IPPROPRIATIONS
Region and railywq_ BRegion and railway
1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1918 1949 19248 1959 198

United States Total ................. $128.415.886 t 142,646.578 $58,062.564 $74.548.246 $61.763.053 $71.337.602 $68.909.46 $57.354.)3 Southern Region Continued
Eastern District Total .............. 53.266,560 32.772.643 16.894.691 3,342,404 22.146,168 17.364.056 15,880,062 11,80,664 Olinchfield ........................... $939.793 $1688,179 162,535 $162.561
Colube and Greenvill ............... 52.44 5685 56.34 ,58.95 36.117 34.052 $17,238
Nev England region Total ............ 5.021,783 503.210 1.302.816 2.4.9o4 2,065,066 1,007,242 66,988 66.442 Florida ut ooate .................. 466.751 1.529.560 36641457,367 435.161 280,000
eOorgi a. .a. Leese Orgnisation ... 22.376 222.883 -
Bangor nd Aroostook .................. 1267.682 1,.11.2s4 1.139.477 983.914 787296 721.70s b47.650s 47.850 G rgia &r oridM .................... .1951 d 40.%' A I 35ai5 24. s
Boston and Maine ...................... 1.14.932 311.909 196.179 d 679533 197,111 51.9'9 Georgia Southern mand florid .......... 171.. 70 171.13 9.52 4 3.71 2 73.000 62000
Canadian National Lines in No ngland 3 9 d6. j1 384.992 6.3 a 4 Golf, Mobile and Cio ................. 1,673.45 1. 95 7.722 585000 532.000
Canadsn Pcifio Lno in oine ....... Us0o2- 3757 lines 0cntral ...................... 6,.12.055 .7.763 3.925628 3.19o0,2 2. 000 2.077.000 5.9359
anaian Pactio Lines in Veraont ..... d 23721 6 01. 2Loulille nd ashville .............. 3830,028 4119.85 2,6,965 3359.29 152.9 2.03025 2.059,200 2,59,2
Central. erao .......n.......... 4 20,46 21,27 Missisippi Central ................... 515 4 723 27.187 37,.646 15.812 -
ine cntral ...................... 39 570.39 W 623.394 123.322 19,138 18.592 Nashvi Ohattnooga St. Louis .... 542667 490,54 2614 305,930 169.11 2 93 2 92
inw Tork co nictl ....... ......... 133.S 2 29e.3 4 4. 0 o. - I rleans anda orthes ern .......... ..62. 397.992 54.83 275.000 39.o000
New York. Inew cw n and Hartford ...... 2.02,353 1510.99 7 4 l436.800 8.976 Norfolk Southern ...................... 1.571 1 43.717 98.995 63.750 12,s71 52,451 s2,159 37,001
Rutland" ............................. d 318289 I 87 3 45 -Seaboard Air Lin ...................... 3.1 ,92S 3.620.219 2,315,069 2,?73.7 1.375,000 1.20,000 -
Southern .............................. .54,094 7.121,727 1.71.5107 4,P26,721 1,200,000 3,5000 -
oreat Lake oRerion Total .......... 23,664.215 15,293.511 11.303,099 5.256,349 5.978.o507 8s.1o49 3.745.332 3.745,331 Tone**s* Oentral ..................... 5.175 1075271 2 0 d 2. 113 -
Vestern fly, of Alabama ............... 57.62Z4 56,2 33.,243. T 71.629 -
Ann Arbor ............................. 101,164 120912 59516 72,805 40.585 61204 -
Cambric and Indiana ................... 181.708 88.714 182.481 87.788 114.359 142.049 60,000 60,000 Vestern Distriot Total .............. 419.659 59.874.765 9.773.718 36.1s,059 o.033.870 32.61.646 38.160 51,5 1 5.266
Delp~ware nd Hudson ................... 860,796 1,432,708 4 o49 160 1015,366 307.000 656.000 -
Dlaware. Lackavanna and Watern ..... 1.403,470 1.606.875 263.7 45. 94.7417 211o408 422.206 422,206 Northestrn region Total ........... 41766.642 22.671.671 .0l .5 05.135 46,074 s.T9475 5.552,224
Detroit and Mckinano .................. 81327 130,175 6148 106 6 35,275 66630 -
Detroit and Toledo Shoe Line ......... 3649 323.098 34 299,42 212.892 187,089 60,000 60,000 Chicago nd North Wtern ............. 4.033.500 2.359..2 -
Eris .................................. 3061 4.011.538 1,570.46 2,456.049 963.31 1,52e4.688 2,017.021 2.017T.021 O hb o Onrat western ................. bg.1 9l29 6 3 .3o 6279 O24000 270.000
Orand Trunk Western ................... 5 19163 952.57 Chicgo,Mllwakee,St.Paol and Pafico 353 920.987 1 2 16, 4,486.960 4.486.960
Lehigh and Hudson iver ............... 31,622 62,177 73 .28,050 46.665 47,070 47,070 Chicago,Saint PaulMinnspolis A Omaha. -
Lehigh and Now England ................ 132.129 271,417 60 239 62.317 150,1 Duluth, Missabe and Ir Ran C ........ -
Lehigh Vill.y ......................... 1,310,608 771.895 IS4 Duluth. South Shore am Atlant .... A.t1 74tio -3-
Monongahela ........................... 46,991 209,.633, 1030 163,67 Duluth, Winnipe and P fic .......... 14530 -
Montour ................................ 156.559 174,472 I 171.74 g 105.8 Great Northen ........................ 7 3092.551
ew Tork Contral ...................... S.06,909 d 2.7 3.685.01 4 ,3, 429.305 395.826 OGreen ay a western ................... 101 7 51,735 98.507 125,000 125.000
oNw York, Chieago and St. Louis ....... 3.572,059 3.97.293 3.276,452 3 1738.500 1,725.000 540,s49 540,48 Lake Supeior I*shpemin ............. 0 a 1 000 -
New York, Ontario and Westrne ....... 299,8 d 513005 6.4 a 4 Minneapolls A St. Louis ...............6 212,400 173.567 300.000 150.000
New York, Susnuehonna and WVetern ... -4q,91. 0 0 -2Minneapolis,. St. Paul &S.S. Marie .... d 126 5 719,104 719,104
Pittsburgh and Lake Erit .............. 2231,527 1.041,187 92.42 northern Pacific ....................... 1006. -
Pittsburg & Sharitt .............. 106, 04 126,355 73.922 92 4 7,85 Spokane International ................ 7,177 9 4,000 .160 71,160
Pittsburgh &a at Tirginia ............ 435,541 434,05 311.663 307. 68 198.168 191. 5 Spokan* Portland and Seattle .......... 7996 g- -
Wabash ................................ 1,107.77 3.0 543 586,031 2.556.316 450.,60 1,590.3 598.186 59s,186 Visconsi n central / ............. 395.000 462,793 .
Central Eastern Region Total ........ 24,580,562 16.975,922 4.288.776 566.959 14.102.595 8.246.316 12.067,742 8,068,891 central vestesn egion Total ........ 20.579,795 42.185.31 19.933.217 36,902,541 11,908.178 24,191,672 21,775,221 19.757.554
Akron., anton a Toungstown ............ 161.556 302.87, 107.597 25057 64,13 153.003 8a607 92.377 Achison, topa andni Santa fe'_/ ...... 10,2,51 12.589,.466 9.48.409 11,090.6 5. M49,0 732.907 3,640,90go 3.40590
Baltimore and hio .................... ,s62700oo 7.3*3,067 3,052,566 1.625,22 2.986,0 37 .2 Chicago Burlington & quncy .......... 43, 1,72 7.541 .22 3.207,670 6.3.85,6 2,612,000 .2,159.100 -
Bessmr a Lake Iri .................. 317.139 535.525 79.838 289.579 89.3 2165 ohioo, anok Isai and P faio .... 3.83.739 3,121.401 3.0,o.59 a262.85 8 2,oo0.000 1.386,000 1.935. -
Central B.B. Co. of No Jose* ...... 1. 3.175 1.15.73 4 l.67.69 a j 253060606- olorado and Southern ................. 110,578 229,862 2,977 135.796 38,0 173815
centrall B.1. Co. of Pennylvania ...... .33 .7 2,295 2,100 Colorado wyomins .................... 146,4 159, 42 147,086 130,917 9 00 80,400 55,000
Chcago satern IllUnois ............. 499007 400.930 146960 119790 17.318 77.200 anver and o ran western ......... 2. 257 2,835.836 1.300.6 1,78652 776.00 323.100 1,978,242 1,97.242
Chicago & Ilinos Midland ........... 332371 317529 228.705 213,657 142,96 131,000 tort Worth and Denver Oty ............ 22,919 270, 8,66 1340.236 -
Chicago, Indianapolis and Louisville 145,38 048 223,1 Northwestern Pacific ................... 24 j8 3 .93205
Detroit. Toledo and Ironton ........... 1,207.605 965,331 298 892.463 701.571 467,882 sacraento Norther ................... l -
Iin, Jol t Miand eastern ............. 21 712 1. .007 2 2.100, 1.280,769 1.368,201 880.9699 8athrn Pacitio ...................... .., S198.3? 3.668445 4.715,954 3.772.763
Illinois Terminal ..................... 324,058 409,170 185,269 269.585 137,100 191.700 100,000 90,000 Sonthern Pacific Tranep. System .... 5,112,909 11,578.96 3.160 3 9.989,689 1.525.967 5.626.271 4,715.954 3.772.763
ong Island* ......................... oledo,. Pora & Western ...............201.420 172.819 12 970 95,669 -
issour nois..................... 77 133000 143,000 Union Pacifio ......................... 4 6 .737 2,861784 12460.129 500,000 7,000,000 7.48.137 7.54137
Pnnsylvania ......................... 9,020. 2.436, ~ 5,37412.00 2,751,000 9,.75,816 6.583.877 Uta .................................. -
.Pennsylv"en25i9-ed9in S9easho Lines 1. 6 2o 2 2- VesternPaci9fo ........................ 1319,9 -'i1. 535 2
Reading ................................ *i* 1 3 79M795,595 949 571 1.399.073 1.4 9.3.45
Stten Island Rapid Transit ......... i. 1~ 9.s a 9 Southwestern Region Total ........... 21,606,503 21525.530 12.511,942 12,293,513 7.620.557 s.o00,900 T.590.81? 5.915,488
Western HarVad ...................... I 2 24 1.15 ,000 732,000 -
Wheeling and Lake Eri ... ............. 1,905,625 1796, 46 1.772.936 1,782.311 1.005,0000 1,0,000 604.246 253,292 Beaumont, Sour Lake & Western. ....... 605.482 7546 599.8 25 284000 303,000 -
surlintton.-anok Iland ................ 139.784 16,648 104 .76
Southern trict- Total ............. 46,729,667 49,999.150 31.394.155 35.024.783 19.583.015 21,154,900 14.86s.969 14,248,713 Internatlonal-rest Sorthern** ........ 49 5.836 170,674 Q. .9S A 33.57 2.600 -
&K an*as City Southern ................. 2,401.23 2.234,213 1 6. 1.125,000 1,100,000 719,599 210,000
Pocahontas Region eol............. 6.858.900 16.106.357 13.177.858 13.636.735 7,940.613 7.950,419 11.07.050 1.029.550Ro Xe. Cklahoma & ulf ............... 289,410 237025 256 7 207. 220,439 170,53
Louiisnan &Arkansas ................ 770,825 74.8s 621.22 6sob6 386,000 554,-o 75.000
Chesapeke and Ohio ................... .437.9 6.439.185 5.348.683 4.388.380 3.672.934 2.671,223 6.035..13 6.o02a.33 Miland V iey ........................ 27.14 62.871 1 ,3 41.4o67 26,621 37.05 -
Norfolk and VWtern .................. 6,21,8168 7,57,042 6.201.11 7,521,212 3.375,000 4.225,000 4,.219.49 4,219,449 Minsour-I. anu-Teoxau ............... 1.351,270 1,118.093 673,14 400.915 525,000 220,000
Richmond. Fred.ercksburg and Potom .e 249,796 617.469 269,050 630.016 163.ooo00 37,841 Missouri-Pafio** .................... 537.693 3.913.345 1.967.886 53.099 1,0255.000ooo -
Virginian ,........................... 1.953.038 1,502.661 1.359.014 1.097.127 729.679 674,355 781.788 781.788 I Orluns. Texasu a Meleoe ......... ..5327 799.394 25o.644 145.726 97.000 5.000
Olahoma City-Ada-Atoka ............... 29,681 20.593 23569 10.379 30.713 16919
Southern region Total ............... 29.870.767 33.892,793 18,216,297 21,386,040 11.642.402 13.204,481 3,831.,919 3.219163 St. Louis, Bro awville and Mxico** ... 355.321 114.658 205,895 962,776 68,000 388000
S st. Loui-san francisco ............... 1.969,912 1,777,850 877.74 656,009 530,000 46,050 4334,142 3.092.985
Alabama Great Southern ................ 425,714 55.346 365,674 478,16 250.000 325,000 St. Louis. San rancisco and Texas .... 90,33 64.219 87,406 52.015 37.848 33.000
Atlanta & aint Andrews Bar ........... 80,527 107, 71.465 108,464 50,352 66,106 9.000 St. Louis southwestern ................ 2,725165 3,107,. 2.333,628 2,65116 1,56,325 1.897.704 1.853,20 1,853.665
Atlent and West Point ................. 2,754 4q,49 17,583 62,717 16.898 42.258 San Antonio, Ovalde a Gulfe ........... 1 A .21 -
Atlantl Coast Line ................... 3.923,019 4.122,145 4,092.,94 4 ,641.9 1.800,000 1.500,000 827.312 827.312 Teas and w Orlean ................. .79I 3.6929 .33.6 ,93 1.3277.47 1.957.26
204 ..,2; ,, ... .+13z,._..,.4.o .,95,,,2
Central of Georgia .................... 204,718 280849 4057 41,471 Teas and Northern ................... 80, 80.62 49,500 -
Charleston tern Carolina .............. 36 d P i..................... 1,635,015 1,853.135 1.16075 136607 252.33 834.812 683.838 683838
Cincinnati, Nw Orleans & Texas Pacifio 1,479,917 1.895.983 1.179.661 45,000 1,035,000 30,668 30.66 Tizas Mexioan ......................... 130,318 105,173 107.330 77.320 65,000 39.731 -


* Report of receiver or receivers.
0r Report of trustee or trustees.
d Deficit or other reverse ite.


Formerly included in report of Minneapolis, St. Paul 6a g tSte. Marie,
S Includes Atchison, Topoek A Santa 7e y., Gulf, Colorado A Santa fe Sy., and Panhandle A Santa f e 7 .
/ Data not included in totals. Icoludes Southern Pacific Comp~y, Texas and New Orleans R.R. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE:1949 0- 800193








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPdRT ECONOMICS AND STATISTICS


Statement No. M-12
APRIL 1949


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

Compiled from 128 reports (Form IBS) representing 132 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of April For the four months of For the month of April For the four months of For the month of April For the four months of

1949 1948 1949 1948 194 19 194 949 1948 1949 194g 1949 1948

i. Net railway operating income............ 64763 030 $53 104 074 193 178 16 tL95750 651 24 486 035 14 818 894 77 752595 9 47 591 536 9 232068 $2764 943 26 090 968 $18 871 300
2, Other income......-.....--..-- .........--...-. 15 932 521 16381 775 66 393 712 73409512 7 240891 7771 501 30099 304 37 257 114 623 063 568 338 2 074 547 2 801 659
3. Total income..-....................-.....- 80 695 551 69 485 849 259 572 628 269 160 163 31 726 926 22590 395 107 851 899 84 848 650 9 855 131 3335 281 28.165 515 21672959
4. Miscellaneous deductions from income.................-.... 3271 650 3 664 123 13 110 130 14 867 008 781 799 563 957 3 351 731 2 801 591 486 539 504 04 1 1 730 52 2 2061 202
5. Income available for fixed charges ............... 77 425 901 65 821 726 246462498 254293155 30945 127 22 026 438 104 500 168 82047 059 9 368 592 2 829 240 26 434 992 19 611 757
6. Fixed charges:
6-01. Rent for leased roads and equipment ............ 9417613 10853542 36 788 540 42047 108 6 847 711 7 083 758 27 539745 27 951293 14 101 13 971 61788 57 452
6"02. Interest deductionsl/......................... 24 851 973 24 34~ 617 98 592731 97 147 654 10 815 779 10 614 342 42 696404 42 330 486 1289 343 1.039 162 5 106 800 4134795
6-03. Other deductions.................................... ....... 193 462 142,712 742 849 567 903 63 147 40 352 227 262 163 501 14 134 2 229 37 532 8 917
6-04. Total fixed charges............................. 4 463048 35 344 871 136 124 120 139 762 665 17 726 637 17 738 452 70463 411 70445280 1 317 578 1055 382 5206120 4 201164
7. Income after fixed charges---......--... 42 960 853 30476 855 110 338 378 114 530 490 13 218490 4 287 986 34 036757 11601779 8 051 014 1773 65J 21228872 154100593
8. Other Deductions........................................... .................... 2 971 984 3 211 368 12 286 945 12 716 755 1 197 174 1 391 620 5 120 751 5 363 008
9. Net income................................................................................. 39 988 869 27 265 487 98 051433 101 813 735 12 021 316 2 896 366 28 916 006 6 238 711 8 051 01 1773 858 21 228 872 15 410 593
10. Depreciation (Way and structures and Equipment) 33 137 131 30773 529 131 6838350 181 536 069 13 085 485 12 438 533 52 189 264 49 019 332 2 547 122 2 235 983 9 930 821 8 889 43
11. Aortiation of defense projects-...........-------- 1 374 616 1 366 669 5480883 5 790 349 467 803 462 851 1 864804 1 855 366 72667 69 903 293937 280179
12. federal inoOe taxes-..... ................. ... 25 478 684 20205 989 87 241737 91 543 591 8 734 400 6 034 413 30 880568 23 398 469 4 673 239 1 030 456 12 613 852 8 980 877
13. Dividend appropriations:
13-01. On common stock..................-...................2 2968177 2956 177 49340419- 42 344427 20000 20000 12 393 873 8507 345 -I 10 864059 10856559
13-02. On preferred stook.................................... 529 233 1 204 088 23 066 837 19 170 481 299 107 414 603 3 805-296 3 807922 219 904 219 904 392 895 392 895
Ratio of income to fixed charges (Item 5+6-04)... 2.25 1.86 1.81 1.82 1.75 1.24 1.48 1.16 7.11 2.68 5.08 4.67


Income Items


1. Net railway operating income ................... .........
2. Other income.. ................................
3. Total income.. .................... ...........
4. Miscellaneous deductions from income----. -..--
5. Income available for fixed charges........ ....
6. Fixed charges:
6-01. Rent for leased roads and equipment.....
6-02. Interest deductions j/................ .......
6-03. Other deductions........ .....................
6-04. Total fixed charges.._............... .
7. Income after fixed charges... ................
8. Other Deductions.......................................................... ..............
9. Net income-....... ............. ............... ......... ....
10. Depreciation (Way and structures and Equipment).....
11. Amortizatio of defense pojets....-------.........-------......
12. Federal income taxes................ ..................
13. Dividend appropriations:
3-01. On dbmon stbhk..... ............ ......
1.-02. On preferred : took.....................
Ratio of income to fixed charges (Item 5+6-04).


Selected expenditure and Asset Items


17. Expenditures (gross) for additions and betterments-
Road.............. ....................................................................... .
18. Expenditures (gross) for additions and betterments-
Equipment.....
19. Investments in stocks, bonds. etc other than those
: of affiliated companies (Total. Account 707)
20. Other unadjusted debits


28. terials.........and supplies............ ............. .......... .. ......
22.. Temporary cash investments...............-.......... ..- ... -.
2: Special deposits....-.......-.:.-............ ---........ .------
24 Loft ns an d b ills reoe-vable-.--........ .."..............--- --
22. Traffic 'and car-service balances-Dr.............................
Net balance receivable from agents and conductors...
27. MisOellaneous accounts receivable............................ -
28. Materials and supplies.......................................-- -- .---. ......
29. Interest and dividends receivable........ ... --
30. Accrued accounts receivable. ............. .. .......................
31. Other current assets ............ .. ..... ..... .............
r9. TotAl current assets (items 21 to )................


SOUTHERN REGION


WESTERN DISTRICT


For th month of April For the four months of For the month of April For the four months of
1949 1948 1949 1948 1949 1948 1949 1948


$9 592, 898
1 852 064
11 44.3 962
504 481
10 939 481
794 423
3 407 240
'26 422
4 428 085
6 511 396
381 668
6 189 728
4 460 763
212 689
4 012 780

2 894 627
10 222
2.47


(9 107 064
1 616 334
10723 39?8
392 518
10 330 88C
857 812
3 751508
24 665
4 633 984
5 696 896
262 926
5 433 97C
4 060 302
211 979
3 413 018

2882627
569 561
2.23


39 462 664
110 470
44 573 134
1 178 662
4 394 472
3 185 520
14 392 926
106 039
S17 6844685
25 709 987
1 303 961
24 406 026
17 577 253
852 704
15 655 182

6 13b 634
604 134
2.45


(42 999 857
.5 360 388
.48 360 245
1 786 853
456 573 392
3 447 148
15 045 439
94 997
,'18 587 584
27 985 808
1 163 790
26 882 018
16 123'89;2
848 010
16 617 499

6 067 237
604 134
2.51


$21 453 029
6 216 503
27 669 532
1 498 831
26 170 701
1 761 378
9 139 611
89 759
10 990 748
15 179.953
1 453 142
13 726 811
13 034 761
621 457
8 058 265

53 550

2.38


$26 413 173
6 425 602
.3 838 775
2 203 607
30 635 168
2 898 002
8943 585
75 466
11917 053
18 718 115
1 556 822
17 161 293
12 038 711
621 936
9 728 100

53 550

2.57


$49 872 689
29 109 391
78 982 080
6 849214
72 132.866
6 001 487
36 396 601
372 016
42 770104
29 362 762
5 862 233
23 500 529
51 986 012
2 469438
28 092 135

19 949 853
18 264 512
1.69


386 287 958
27:990 351
114 278 309
8.217 362
106 060 947
10 59 1215
35 636 934
300 488
46 528 637
59 532 310
6 189 957
53 342 353
47 503 602
2 806 794
42 546 746

16 913 286
14 365 530
'2.28


uuILLIO NET INCOME-ALL CLASS I RAILWAYS MELONS
OF DOLLARS OF DOLLARS


I00 1 00



so so



o0 o0---



40 40 $- --------4



to 90--- 20----- o



JP A. M A so0.rm JJa DJ FMAMJ J.Iko 0 N 0


2946,. ". 1949


p_ C C h_ h I


UNITED STATES

Balance at the end of April


- t_


$100,346,562
369,072,935
517,760,986
133,078., 3


807,990.327

9 49,59
125;156%I96


300 127:701

3.,6l.029
14 ,371,810
38.750,770


275,018,015
54,284,774
159 771179


"798,701,970

12,632,5i
50,079,667
122, 5,902
348,9N 286
801,86556
s18,250,329
40,9750
'61 #12T7l33


3.395.521.237 3.418.882.871


-_ .. .. .. .. ...-.--, .... a-o--.--.... .. .--- ----- ----
d Deorese, deficit, or other reverse item.
SRepresentb aooruals, including the amount in default.
Exoludes Missouri & Arkansas Ry. Co. Road not in operation.


Selected Liability Items


40. -Funded debt maturing within 6 months 2J.......-.
41. Loans and bills payable jl ............ :....
42. Traffic and car-service balances-Cr. ..............
43. Audited accounts and~woges payable..........................
4.Miscellaneous accounts payable....... ...........
Interest matured unpaid............ ................
4. Dividends matured unpaid ..... ........... ...............
47. Unmatured interest accrued ...............-.......................
.41. Unmatured dividends declared .................: ..........
49. Accrued accounts payable........................................ ............
50. Taxes accrued............. .... ... ....................................... ......
51. Other current liabilities.............................. ....................
Sg. Total current litbilities (items 41 to 51..)
53. Analysis of taxes accrued:
53-01. U. S. Government taxes...... .... ...... .........
53-02. Other than U. S. Government taxes...........
54. Other unadjusted credits.............. ............ ..........


UNITED STATES


ANALYBU OF MET INCOME-ALL CLASS I RAILUWYS


2/ Includes payment of principal of long-term debt (other than
long-term debt in default) which becomes due within six monthly
after olose of month of report.
/ Includes obligations which mature not more than one year after
date of issue.


Subject to revison








-t


-r


1


-


I


I


I i


194- 7





I l e 1 <311'.101


UNIVERSITY OF FLORIDA

111111 11111111I11111111111 I 111111
3 1262 088513139 INTERSTATE CO. I RCE COMMISSION
BUREAU OF TRANTSORT BCXNOMICS AND STATISTICS

ELECTED COME ITEMS BY q AiND DISTRICTS, CLASS I STEAM RAILWAYS
M., sOR THE OIg uaB',plt L 1T94E 9M 19148


- Page


IuNr a 6 r OP enG 1RaA NO ar ior i1 i 0 .U oIL Ia NCO DInEzvaID
INCOME EST cUucoou24= nzes MT INCOME USES APPROPRIAIOmNS
egion e ndrall egion nd MUAtw -
1949 1948 1949 48 558 11949I9 18 ws2 1,14 %15 4 18 1949 1948 5199 1948, 1949 1948

l State, s7 t tal................. 93.17.9.051. 433 sm..8. .t.a3.735 .87.2T.73T 91.543+.591 7-o 6 6i908 oovs m ao- cont-nre
Eastern strict tl .............. 77.752.595 47.59.536 2s.916,oo6 6.23.T77 30,880o568 23.398.469 16. 199.69 ,15.267 C d ............ ....... .1.557.123 $2.117,38S 6 ,713 .77 -
Egad.... ..- ,,ub.eond O.. r-inl. ............. :.... 68, m0 102,293 ), 107.092 6.414 13,852 17.23 -
nw agleand eion t ........... 7,8472 3,848.936 2.559.326 3039 3,097,960 1,352,124 85,04 orlta st ot** o.......... .... 1.720,737 1990,986 248,o6 559.27 580.323 350.000 -
orgia* *. R. Lsses Organisation ... 81378 33638 -
Bangor and Aroostook .................. 1,798.195 1.6786 1,622157 1 ,448 1 083.126 917.628' 47. 47.850 Gesoglas nor ida ..................... a 90 0 2- -
Boston S LMaie ...................... 1 .76.126 1.255.ao0 491.385 a 28.41 411,o 69.173 : Osersorgi.1 n and orida .......... 2 62
Canadian National Lis in iNew d. 520.643 & 140.49 a 57.108 d 50--- l ad ................ 2215, 2.224, 1286.055 1,262,138 787,000 774,000
Canadian Pacific Lies in an..........2... .l. I- lino*entral .................... s.15 7.601.839 5.167.9 4.606732 3380,000 2986,000 5959, $559
and Paiic Lines in Twoat ..... 45 786 Ir anA Tvi .............. 5,.143 4.255,569 3420,088 3,214.338 2. 3 1.950,500 11 4,
Central rmont .................... .... 1, i' a 6 27.165 27.987 MI..sisei i Cen a ................... .51853 63,.54 38,032 3,.120 ,, 19,24. -
Centa .e02ot............ .... 750.192 2276 3334 3l. tte & St. Lou.... ....
Maine Contral.......................... ...S 802.682 732,79 750,192 220.760 38.334 37.151 sehville, Chatten & t. Louis .... 1,135,24 837,516 718.582 4.450 4.9 28,414 255.983 255.982
Sew York Connecting ................... 181.751 153.982 a a 82606 Orleans eand northeastern ............. 595.318 777.252 532.375 62.66 3000 490.000 -
Iv York, -ew aven and Hartford ..... 3,16,613) 35,826 1, 8o 86.400 6.56- or ol th ...................... 207.376 190,731 132,227 4.80 159.925 96.041 82.159 37.001
ut nS(a ........................... .. .4 .9 4 e ir Lin. ...................... 4,11,15 4,688,529 3,024,313 3,509,350 173.oo 3,670,000 -
southsrn ........................... 6.00o379 9.001,617 2,564,990 5.211.759 1.790.000 3,705,000
r-et lakes lgion Tota ............ 31864,588 23,006.294 14,741,s2 8.479;432 8,085,314 10.733,L013 3,765,332 :765.331 fernone s e, en ..........................3, j 3 -,' ,6a.- 9, -"-
Sof 67 399 437957 3224 2723 23139 80,00 h ............ 4 154 73 112,624 93.
s ............ .................. .. 56 4 5.366.851 190.604rn ................. 74.7 ,50
Oirua end Indiana t ................... 1937.757 117,691 700. 58, 615 1- c15h5c .u60.000 enten Distra*t -otk aii ,6 I 1.0 3 2a.500529 5314.353 28,02,135 45 46.38243653186.96016
DGIUaAue nd Beson v.................. ,1724 51 1.39 55, .385 69 4. ........000. 47.070 .47,070 O ; ,1 -

lia aB e anH a n ta4 .e ..... ........... 270.-984 382.329 2 06 39 3 140. 770 212,662 ...- ....h.. dt ll Iro 2.65.20 ........ T& 6 1 3SS -a 6 5.0. -
Delamait ne. Woedo oWeste ern .......52 :, 2. 4157,, ,



lhte Van e .......l .................. 27006.943 12..529 .06 a 73.054 Dhath. Soith horse -~n Ananatto* .... 2__ -
roiten ............................ 2,02.1386 204.185 10 1, 9 8 i ad 8ic .......... -
Dsorelt and Toledo Share Line 2.467,037,7 52 22,103 2P,139 80,060 50;097DChicego end Nbv4estern.............a dm l 3.a d 4IsI d3.9%2o


rioto ............................... 4 53903 21,2 221,50 1925 41,672 2 Chi Great Western ........................ a....7.104o.... ,, o ,376.000 -
seGrand k enter ....................... 3,7 a 81651 38*1 64,o1- hi. ;Milue.ai and Pacifi 02 ,6 135,560 125,000
Lehigo, and Hudson liver. ou.............. 78.0 100.21 113655 0.995 2,31.000 2.221,000 5 4,s0 O i a spe i sp eai ............. 000 .0
Lehi ork. Onterio and N ao.tn*. ....... 4 33Z3 32.0 220 3 ,3 10770 212,662 7 - Mnpolt & t. iae .......G........8220,00 192067 300000 150,000
tnrg an Le r.. ................ 3.18o194 2,.253 2.392 2, 1,467,03 1.231.077 iorh, Wn Pn ale ...................... 1 ~ -
Lehio Valley..an ..................... .72, 135699 .773 91. 38,00 70.385 luth South Shrton ....d ......... 6000 71 7

.tt ...t. & **.. MTi.a,, ............ 5w.719 5 .153 373.923 3 .97 o239.147 24.5o apotamne. W amdPastc i ......... 3 25d6.9 a 3- -
Monato ............ e................... 1509, 223.,7265 128 3.10743 598.007 197 16 Great Northern ... ................... 953.13 o 3.-
c.ntn -.t.m..- ,lo,.n o ....... 276. 3803,'7" 2 d,.76.306 l.614.85S G.s.y 22 19.697.294 r.313.332 12.34653. ~6.895 C at-, a Total ........ ,30.134.968 53.9.219 28.259.437 45,662.294 7.76o65 30.53477o ,a.n, ,219.757.5
s York, Chicago and St. Louis ....... 4. 8 4 M11724.2 875 000 2,221000 5239 08 .7 .- OLae Suerior tl- anPein e ...... 5.172.232 1. .37. 3.353.,c 2,82. .000 53,550 53,550
a S H'.8o1 3:.1. _*-- o ^^nKS Voen ..... .o. 3.92.067 3003 .000g1 15000097.
m York, Ontario anda Vsternse*........d 1 i 7 624.001. d 9M d1 Mo-neaonlie & Stouis................... .W..IV 22370,5" 660 1,0 3



.e Yor. kSusque onna d ..Wster ... 59,9 374 37, 1 .95I I I7o I Minneapolis. t.P u & ..... ... .881.2 17o189 719.o124 719,1024



ittato. i. and Lake Eris ........... ....131O 2,1.4.253O 34677.0,523 - -Northtern Pacific ................... .. a 1 288 78 d1 -r "

f"l. e. .qq *"""-- ^M FT744.344 ^ oF.S l. l.lT3:8 : s: "S^St?".::.::::::::::::. l.em s 128 S, 1.157.974.968.22 4.715.954 3.772.763
attSftg &.t h ....a............6 A11. o, p,, 391,3000. 70 -.. Spok .. .t 1 .Int erntion.al ........0 f- .600 71.15 71.16






. ".. ....... ..:.:::::::::::::::::::: . 3 n77 .3s n a a .,. .. 7 155s .000 193. 000, &SSb A; l:est :gil: a........ ..5171 55518 3923 351,07 2359174 24- 2 5110 -S ne Ptld end eattle ......... 2 35652 153.15 9




r. ...m.... .... ...... .......... .... 3 3.85.265 815.828 31743 598. 1.g71.213 298,86 5 ss 186 Wisonsin Central .. ........... 1..... _93. 1.5 7.315 925 .
Central etern Resion ........... 03.731 20,3l,06 2,656, .. 15.657,2, 11,313, 2,17.6 6 l ater l7on 0ot ........... ,3g,96 53 10.219 2, 5.,437 45.662.25 17,76065 30, 534770 21,775,221 1,757,554
Akron. Canton AYoungsetown ....... 220,779 371,81 1o46,522 295,780 a ,o q8.607 2.377 ahuenatpe*aSanta30 -/...... 13.750.086 15,860196 1.72.363 13, 6,98,2 73.64050 36150
altinore and. Ohioa.................. Il2.190.9 10,438.798 24.652,974 2.496.259 124.763 .2 8 7ChicLegg lHalington & Picy. .......... 2075,724 25,6,04 3930 0 ^5,053000


tsr and .la.e ............... 73117 502 5......; ..75 6 .17 ,3 9.90 .0.8 o 10.2 -. Chi0m 5ook Ilan and Pacific ...... .... .1 352 2.
Sason ei- 9 664 857 206026 26822.01. 15.655182 69s i 01 090. 800 55,000 92985
i"iw & or Illinois....... 42i:R5 130.i 09313.0,5 27,5 5 5d-S c153.800 Donverand i Gran Westr .........aWt........ 3.... ,0 3."26s oo 2 a0 1,97242 1.979242,
Chicago Illinois Midland...............51-9.7 3 12 2 3.9 12.700- Port Worh end Denver City.............3.8 379.030 :OT .3 2.26 ?1
Chia. Indianapolis and Louisvilleo. 5311 37052 Nortsetrn Pacific.................a .
Det"oit, ."ledo .i Ironton .......... % 1,451,:07 14.3 :1.3 55.68 8 0.1 .523 501,152 .m ... : : 2 63
,. Joliet and Eastern ............. ..2* 3 1,744 2.S .1 1.650.568 1,815.378 1.133-5T 8. ... utern .4.o......................J., 55 50 1,11
sIllinois erm nal ................... .. .21,523 59 1 236.545 3. 15 77. 000 7.500 100,000 0 000 Ssouthrn Pific .so 7 16 128,780 5 379684 1.9 715 :4 3772 .63
Long, ........ 21. 2 53...............7 90.159 t545 1.20 1-0 .o 9. ledo Peoria & Western..................2...2 l358 716.12 15,6373 308.790 150.206 416,8o03 -
Longr I- 5.ndoo ..+................... d 3475 "M.AU 4a16.,o d... f.082.a ')' 'oso
M~iss:ori- Ilirnois ....................... 73 7. 3 7 T :"i 7 130 Onion Pacific ..........................2 .7,.6 46 1.2,1150.0008i,600,00 7.548.137 7,54,13T7
Penaiva ............................. .15 1 2 7 ,333 9.875,1U6 .583...7 tah .....................................6 2416 d ,
Penns-lvania-Rading Seashore Lines. a 21 d 1. n9,122,521 esternPcific
Reatd ng.o.... .... .....-3.17o M 3.22.027737, ,207008 1.350.721 128,701 1, .8 2x Re ......................,..,
Staten Island Napidraneit ............ d 2i,.485 d4237.1jd dlapg. 506- Sutketern Re A lt Total............28,315,1102 30,182,535 15,932,1%1 17,70753 5.793,4558 11,332,.7267.590.819 5.915.485
Western YArana...................... 2,674341 2:2334.70 21168 1. 393.0056 1.as624 8000 ** Sl&We 73,35 1016151 1k73L 667 1092 376.0 38,000
Wheeli uE4nA ake Ie ........ 2,65.0 22302436 .17312 2.293.686 1..0.000 1.388.000 604246..sonaentswi ..-39 -
So n t otl ..... 632 61871.157 45.634.898 42,232,611 28,269.034 25.5%-376 17.9M122 1. int slaorthern" ............ .1A2 83,9 2,600 ,,
I zmaess~al. wsouthern...................3.162.058 3,852,12.US7d ul:,00B1. 0 719,559 210.000
o . 6 5 5 18 7 0 25 1, 3 2.613.852 7 11.256.95 %Shams Chl&r oa tf.................. 373.. 329-0 285.167 0
Cheapeake end Ohiio................... 13,248,156 7.115.780 9.24W2.352 11.2n1.088 6.310.o 2.596,166 6.035.,815 .15 II d1b~ey ................. 13540 ,2 20.673 32 "6,2437 1100 -
Norfolk end Western.................... 9.,594-62 9.126.806 9.545.696 9.0894973 5.075.000 5.100,000 41435.351M..m................1.:: .96 ,792403 960.879 1104,2% 721,000 503.00
Richeond. Predericksburs end Potome 2 V0 9812,7811 280.577 1.006.327 171,000 6o .asi-- Nlse. fias .....................125 .8 78.678 a."5,51 .3. 1,2,0 0 -COo
^02036 5.639, 1,950.217 1.205 1.057.852 674.s70 781,7 781.781Se I hNTaxes A Mexio" .......... 75 1,06.
7o ..0h5m City-Ada-6toka............... .167 221.00- 249 1.4 322 k6,336
Southern lezion- Total .................39,162,662 421999,857 216406,026 26,822,018115.655.18 2 16.617.2499 6,736,768 671.311 Stb.Lowte. Brownsvlle and e;I.co" 470639128262 2838 1. 393231POO 558000 -
_Ste-Louis-IanhFrancisco2 2, 24,2455 1,030.6066 000 748,050 24334,1242 3.052,985
Alaban Great Southern..................58.566 7 625,314 355,000 165.000 r St. Louis, Sen Aawlecoand1 tax" h 137242 132.93-4 -97.55 S 1.oD -
atlanta & Saint Andrew$ Ba........., 9,2014 19Uvald e&G7l f3152 5,7246 i2.;P 9,R St. ui out te...........R...3,3581153 2,6,32, 8
Atlanta and Vent Point................ B...8,567 72,443 25,2w48 88,897 16,657 55,8ea304.523k1d51 -- -29
tlant Coat Line..................... 87 4645.521 5,162,214 5,788,230 2,200,000 1.800,000 1.650,739 5 650.739 et-andNew Oln.rl........... .31 2s6429897
Central of Georgia......................233.2e 11sa j3p 5,255 nd Northern ......................-2b 70,7 -b -
Charleston & Western Carolina.73.733 90,973 12 1 ,6- +- xss and Pacific.................', 2,1509 2,1125C332 1,56,223 1,757,22 11,033 6 83,88
.', ,-, -


SReport of receiver or receivrs.
55 Report of trustee or trustees.
d Bficit or other reverse item.


b formerly included in report of Minneapolis, St. Paul & Sault Sts. Mare.
SInclutes Atchison, topek & Santa e R y.. Goat, Colorado & Santa e. Sy., and Panhanadr & Snta Te R.
M ta not included in total*. IncOld Southern Pacific Company, Tems and Nle Orlins 1.i o., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE:1949 0 800193


r_ ~T __ ~___ _I____r __ Il______~m_





UNIVERSITY OF FLORIDA

II 10III II I111 II lll1lllllllll I3I29li llll l11 I
3 1262 08851 3295


Subject to revision


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
MAY 1949


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

Compiled from 128 reports (Form IBS) representing 132 teaem railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of May For the five monthe.of For the month of May For the five months of For the month pf May For the five months of


1.Noetrailway operatingincome. .................. 57 595284 S90178.066 $250 774200 185 P28717 $21391-864 #51830085 #99144458 679421421 68974334 #11o408752 o55065302 o0280052
2. Other income ............................. 5 20 599 1548 65 81 614 313 89 0507 7 454 268 7 209057 37 553 573 44 466171 65 300 762 702 2 729 47 564 361
3. Total income. .....-...........-............................... 72 815 883 105 826 631 332 388 513 374 986794 28,846 132 39 039 142 136,698 031 123 887 792 9:629 634 12 171 454 37 795 149 33 844 413
4. Miscellaneous deductions from income ....................5 186 3105 4 249 721 16 293 649 19 116 727 706 032 720 242 4 144 975 3 521 831 504 847 501 930 2 235 370 2 563 132
5. Income available for fixedcharges.....---......... 69 629 578 101 576 910 316 094.864 355 870 067 28 050 100 38 318 900 132 553 05 120 365 961 9124 787 11 669 524 35559779 31 281281
6. Fixed charges:
6-01. Rent f6r leased roads and equipment.................. 9 398791 9 843 069 46 187 332 90177 6 903992 7155928 34443737 3510721 14107 20525 75895 77977
6-02..Interest deductions-/... 24 841 324 24 345 196 123 434 055 121 492 851 10 775 127 10 550 590 53 471 532 52 861 077 1 290 382 1 094 495 6 397 182 5 229 290
6-03. Other deductions ---- -----.................................199 742 147 047 945 376 714 951 70860 40 848 300 907 204 349 8062 2 229 45 594 11146
6-04. Total fixed charges .......................34439857 34335 312 170566763 174097979 17 749 979 17727 366 88216176 88 172 647 1 312 551 1 117 249 6 518 671 5 318 413
7. Income after fixed charges..... ..................35189 721 67241598 145528 101 181772088 10300121 20 591 534 44 336 880 32193314 7 812236 10 552 275 29 041108 25 962 6
8. O t h e r D e d u c t i o n s 2......... .......... ----------------.-..................................... 2 9 8 0 66 8 2 3 1 7 7 8 5 5 1 5 2 6 7 6 2 8 1 5 8 9 4 6 1 0 1 1 9 5 4 1 4 1 3 2 8 6 1 6 3 1 6 1 6 6 6 6 9 1 8 8 9
9. No t income... .......................... 6 03637 7 .1350 2608473 165877478 9104707 19262653 386020714 255 0142 7812236 10552275 29041108 25 962 868

10. Depreciation (Way and structures and Equipment)......... 33 818847 31090 411 165 502 199 152 626 478 13 495636 12661 644 65 684 902 61 680975 2 526 614 2 313 785 12457435 11 203 028
11. Amortizatlon of defense projects----------------------1. 373 44 1 s 362 078 6 854 324 7 '52 426 466 856 467 513 2 331 660 2 322 878 72 665 74 25C 366 602 354 429
12. Federal income taxes.................------........ 20565 848 28 136 690 107 807 585 119 680 81 6 905 248 10 340 990 37 785 816 33739 459 4 594 145 6 400 371 17 207 997 15 381 248
13. Dividend appropriations:
13. Div-01 On common tock ............................28478263 27 176 522 77 18 682 69520949 3939 340 4569 525 16 333 213 13076870 10864059 10856 55 21728118 21 713 118
13-02. On preferred stock......... ..................... 9 516 454 12053 517 32583291 31223999 1344 306 2630946 5 149 602 6438 869 172553 172991 565448 565886
Ratio of income to fixed charges (Item 5+6-04).._. 2.02 2.96 1.85 2.04 1.58 2.16 1.50 1.37 6.95 10.44 5.46 5.88

SOUTHERN REGION WESTERN DISTRICT
___SOUTHERN REGION WESTERN DISTRICTMILLIONS NET INCOME-ALL CLASS I RAILWAYS MILLIONS
SIncome OF DOLLARS OF DOLLARS
Income Items For the month of May For the five months of For the month of May For the five months of 100 100
1949 194s 1949 1948 1949 1948 1949 1948

1. Net railway operating income .... ............. (.........8 416 797 612983 950 147 879 461 #55 983 807 618 812 289 43 955 279 $68 684 979 #120 243 237
2. Other income----- 1.......................................... 152-727 12901751 6263 197 6650563 5 958 304 683866351 35 067 696 34 376982 80 --s 0
3. Total income...... .................... 9 569 524 14 274 125 54 142 658 62 634 374 24 770593 40 341 910 103 752 675 154 620 219
4. Miscellaneous deductions from income ......... ........... 407 289 655 394 1 585 951 2442247 1 478 137 2372 155 8 327 353 10589517
5. Incomeavailable for fixedcharges................ 9162235 13 618 731 52556707 60192123 23292456 37969755 95425 322 144030702
6. Fixed charges: 608 4__ --_4-0
6-01. Rent for leased roads and equipment.............. 791 262 8528 990 3 976 783 4 300 13,8 1689 43 1 813 66 7 690917 12 404841 6
6-02. Interest deductionsI/ 3......................... 619243 3766 416 18 012168 18 811 855 9 156 572 8 953'695 45 553 173 44 590 689
6-03. Other deductions. ............. ................ 288730 23 741 134769 118 736 92090 80229 464106 380 718
6-04. Total fixed charges ...................... 4439235 4643 147 22123720 23 23073; 10938092 10847 550 53708196 57376188
7. Income after fixed charges...................... .......-------- 4 723 000 8 975 584 30438 987 36 961 39 12 354 364 27 122 205 41 717 126 86 654 514 4 .- -___ 4
Other Deductions..................................................................... 325 119 284 940 1629080 1448730 1 460 149 1 564 034 7 322 382 7 753 991 40-
9. Net income .. ........................................... 4397881 8690644 28803907, 35512662 10894215 25558171 34394744 78 900523
10. De reoiatlon (Way and structures and Equipment).. 4 524 386 4 059 974 22 101 639 20183 860 13 272 211 12 055 008 65 258223 59 558 609
11. rton ofdefense projects--------------------.................... 212 454 211 328 1 065158 1059 338 621 466 608 987 3 090904 3 415 781
12. Federal income taxes.................................. 3 339 310 5626 302 18994492 22243802 5 727 145 5769027 33819280 48315773 to0 -- --------- 0
13. Dividend o stopp ok .................... 2504486 2420400 8637120 8487637 11170378 9330036 31120231 26243324
13-02. On preferred stock............................................. 1030650 1030650 1634784 1634784 6 968945 8218 930 25.233457 22584460 I I I I I
J FMAM J JAA SON eJ FMAMJ JAS 0 NM J FMA MJ J A8ONO
Ratio of income to fixed charges (Item 5+6-04).... 2.06 2.93 2.38 2.59 2.13 3.50 1.78 2.51 1947 1948 1949

UNITED STATES UNITED STATES
Seleooted Zxpeniture na Asset Items ---eleoteda laility Items ANALIsB OF NET I1C011-LLL CIASS I MpILWAIB
Balamos at thW nd' of Hay Balanoe at the end of May
1949 1948 1949 1948 -
S----- Report showing Reports showing
17. Expenditures (gro.s) for additions and betterments- 107,560 607, IIO. Fuded ebt maturing within 6 months -8/.................. $124,189,139 127,266,777 Period et Iome et Defilt
R oad: ................ --.-.-. ----------------------------------------------------- .....- ..---- ...--------,5 60 0 *17 ,75 6, 50 ,,, .
18. Expenditures gross) for additions and betterments- 41. Loans 'and bills payable/................... ..... 3,300,000 ,175,000 Ne Amountt Numbsr Amount
Equipment...... ...... ......................... 465,713,267 342,757,180 42. Traffic and car-service alances-Cr.................. .. 77,836,306 93,892 654
19. Investments in stocks, bonds, etc., other than those -4. Audited accounts and wages payable................................7 6 90 May 1949 92 3 32
of affiliated companies (Total, Account 707) 5.. 6 518,768,987 542,601,98 i. Miscellaneous accounts payable.--.......................90 .201883,09 May ,194 163 64 0 2:8 6 1
20. Other unadjusted debits .............. ................. 139,252.304 160,765.08 Intret matured unpaid 31,16,02 2,718,650 5 month 19 92 167,667,0 32 37,406,936
41. Dividends matured unpaid 8,7 13 7 953 90 5 months 19148 93 199,194,997 30 33,317,519
21. CaSh............................. --.- .................. 89-..... ..... --------770 ,70,8 55 89, 702,542d intst acc3713 6519
22. Temporary cash investments................ 903,56 matured dividend declared........... 1227 90,607 l. Unatured iterst ecrued.......
i -o and his-re-eivable. ---- --, 12,5T 4 5: Aeacca uts payable .........................................................177,13,279 202,469, ues reports of roads whose net income
2 r i r ice balances-Dr........ .....------1-------------T56 3,923 56.....4............................663,923 1 ,7007,9T6es c,0c dol uda e o th on1,o0
22. Trear-servIice balances--Dr. ............................ .. 1 1( (or defiolt) was absorbed by the controlling company.
2 Net balance repeivable from agents and conductors 12, 067,63 1 5#78,L0
27 Miscellaneous 1soounts receivable --....--.............. 2051,96 32,'51 Total current liabilities (Items 141 to 51)... 1.976.235.975 2.012.309.558 Period Number Exoluded
28 Materials and supplies............ ......... -- ............. bl: 1,. 52 8V:3,123
29. Interest and dividends receivable........................ 16 473, 409 20,8,312 53. Analysis of taxes accrued: May 1949 4
30. Accrued accounts receivable............... .............. .... 150, 70,340 173,0 ,797 53-01. U. S: Government taxes.......................................... 597,891,6oo 522,829,525 May 194 4
31. Other current assets ........................ 39299.756 41025,181 53-02. Other than U. S. Government taxes.--.. 1145,-455,89 137,604,555 5 months 1,94 4
S Total current assets (items 21 to 31) ............ 3,3369660 09 54. Other unadjustd credits............................... ... 271,495,46 306,663,920 5 month19 4
12. Total current assets (items 21 to al ................. 3,336,9661oLJ3, 3499#099#874


4 Decrease, deficit or other reverse item.
/ Represented aroouals, tnluding the amount in default.
7 Exoludee Mieesouri & Arkansas Ry. Co. Road not in operation.


i/ Includes payments -of principal of long-term debt (other than
long-term debtaIn default) hioh becomes due within six months
after Close of moath of report.
y Includes obligations whioh mature not more than one year after
date of tasue.


20Auh '4 9









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
POR THE FIVE MONTHS ENDED WITH MAY 1919 AND 1948


Page 2


NT RAILWAY OPERATING FEDERAL IICOME nDIIMaDB MYT RBAIIWA OPAITIG NI E3EBUAL INCOW I DIVIDEND
1 10i0M 4 TIAg AIPPRGIOIATIOS IICNSE oAXIS APPROPRIATIONS
Region and railway .._ Region and railway
1949, 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948

United States Total ................. $250o. ,200 $285,928.717 $130,260,473 $165.877.478 $107.07,585 $119,6s80,281 110.40973 $1007.9348 Sothern Region Continued
Eastern District Total 99, 144.458 79,421.621 38,020.714 25.501,425 37.785.816 33,739,459 21.482,815 19.515.739 linchfield .................... $2,113,037 351 7
Columbus and Greenville... ....... .74.676 9,03 *81.185 $103.556 51,017 13,852 $17,238
New England Region Total ............ 8.574.953 6.70,8746 2,916,706 1.,442,258 3,602.516 1,68.78,4 86,184 132,892 9 Florida et Ooast1 .................. 1,688,865 2.125.406 14s,040 328,356 573.966 210,000 -
---Georgia B. R. Lsee Organisation ... 330.31 475,372 -
Bangor and Aroostook .................. 1,905.196 1,826,341 1.679.957 1.601,589 1,121,762 1,014,325 47.850 95.700 Georgia & 1orida* .................... d 22,2 d.721 d 586,.42 43706 -
Boston an Maine ................ 2.263.144 1,940,030 694500 344196 563.920 341.398 Georgia Southern and florda ........... 28,1 ,0.77 0,19b 12,021 116,000 82,000 -
Cnadian National Li.es in New d. d 641.25d d 6 Gl obil end Ohio.........6. 779 91 559.259 51,651,1
Canadian Pacific Lines in Maine ....... 5.3,792 ji,7 Illinois Central ...................... 9,913,538 ,10:2.l 6.195.286 6,56,5 162000 14,405,000 559,359 $559,59
Canadian Pacific Lines in Vermont..... 608d59 .377 Louisville and Nashville .............. 6,615,801 5956.533 14,670,207 4.760,506 249,215 2.46,975 1,118,4 ,118,0
Central eront......32................ 750161 d 468.187 33,865 34.687 -- Mississippi Cental............. .61,867 98,873 3817 60,553 41.591 35.866 -
Maine ntr ..................... 97 72 590373 8 990 334198 38.3 4 37,192 Nashville Chattanoog & St. Louis .... 1.338318 1,077.580 10,867 597,287 00583 375.279 255.983 255.982
S York Connecting .................. 1 9 41 119. 4 d 52.938 Orle and or tern.......... 724,672 1008.182 645,948 899.5945.00 635000
New York, New Haven and Hartford ...... h,02 ,178 2,162393 1.849 5 230222 1.079,979 14,176 orfolk southern ..................... 2 059 250.293 156,594 18 5 161,:14 151.303 166,45 37001
Rutland ........................... d 347882 d 58.76 d 49905 d 196666 Seboard Air ine...................... 4,930,425 5,892.432 3,651.,853 4,502,557 2.135.000 2,175,000 750,000 750,000
S.. ..... .Southern.......................... 849,861 1.600.593 3,371.152 6880,565 2,370.000 4,905,000 -
Great Lakes Region Total 38.784.154 354.58,900 16.893,212 16.133.225 9.785,958 14.298.293 7.757.367 10,243.557 ennessee Central ...................... ..109,80993170 d 191,32 5 5 1 -
western By. of lbaman 93,170 191.361 87,43 183, 1 50,615 111.518 -
Ann Arbor .............................. 230,891 263.650 161,691 182,351 102,221 16,220--
Canbria nd Indiana ................... 317 105,916 31, 696 o4 392 201,942 210,996 60,000 60,000 Western District Total .............. 68.684.979 120,243.237 34.394,744 78.900.523 33.819.280 48.315,773 56.353.688 48.827.784
Delaware and Hudson.................... 1,529,886 2,568,09 4 37,099 1,s76.428 561.o00 1.154,O000 -
Delaware. Lakaanna and Western ...... 270526 340,7 725057 1,369,7159 .2601 772.97 422,206 422,206 Northwestern Region Total .......... d 2.969.556 14.772,565 da 18,31.029 d 1,1419.339 1.114.613 d 4.416s 11,940,878 10.244,599
Detroit and Mackinac .................. 136.659 217,14 1,981 178,457 59,971 109,75 -
Detroit and Toledo Shore Line ......... 5528,381 489,933 491,528 1450.746 305,856 279,836 100000 100,000 Chicago and North Western ............. d53. d 24,899 d 7.394,848 d 1.9 0 -
Erie.................................. 4,613.515 6,912.33 2,099.742 14, .223 1,288,272 2,670.352 3,244,907 3,244,907 Chicago Great VWe ern ................. 1.25.12 10.99 1, 1 289,000 505.700
Grand Trun Western ................... 1366,948 639,213 d 68.471 d 1.390 Chicago, Mlarkee.St, Paul and Pacific d 6441 2,181. 4 d j .065 d i *4,486,960 4,486,96
Lehigh and Hudson River ............... 5604 124,619 6 0 6 50.225 91,851 47,070 47,070 ChicagoSt.SPanl.,inneapols (scaha ... 96 d 492.007 d 1.714.2b d 1.4 0 -
Lehigh and ew ngland ................ 460256 577,735 397491 52,65 1 250.743 327.760 476.0o 476,000 Duluth, MEsabe and Iron ang........ 1 6 790,730 1,005.141 630.345 556,o36 535,890
Lehigh Valley ......................... 2,521.202 1,990,189 105.820 d 444 6 d Duluth, South Shore and Atlantic* .... 65 4713 4 4 d. -
Montour ............................. 323,493 310,351 324,960 308,161 199,169 188859 rea ortern .......................416 4, ,535 4b ll 4 63
New York Central ..................... 10937,636 2,809,318 2.23645 d3. 566 561.681 667,110 een rn...................83.157 13007 14 67,966 8 125,000 125,000
New York. Chicago and St. Louis ....... 6,010,029 6,156,253 5,423,071 2,932.500 3.13,000 1,01,69 2,704,238 ake Superior & Ishpeing .................. 80.718 58,787 2.357 81. 7 52,000 50,100 53.550 53,550
New York, Ontario and Western* ....... d 395752 d 730.488 d 103015 1 Minneapolis & St. Louis ................ 399,686 6,721 401,692 462,483 236,800 248,567 300,000 150,000
New York. Susquehanna and Western"* ... 80,2 85 110,795 d 1J]6. d .15, 1 Minneapolis, St. Paul & S. S. Marie ... d .o68i4 d .342 d 750.~ 7 d 1210.6 d 17,1 719.104 719,104
Pittsburgh and Lake Erie .............. 4,026,711 3,434,55 2.888,715 2.63,306 '1.771,270 1.649.107 1.727,300 2,590.950 Northern acifio ...................... 1d 1 1 l 1 025 19 71 0 71160
Pittsburg & Shamut ................... 158.980 194950 105,247 138,6 60,500 103,35 Spokane International ................. d 2159 54.54 202 71.160 71
Pittsburgh W..t Virginia............. 623,621 725,094 o09,514 523.737 264,062 326,414 Spokane, Portland and Seattle......... 785,83 658.275 Ti 1-1,29145 -
Wabash ................................ 2,153.319 4.720.569 1,280,412 3.851.154 636.138 2.04,53 598.186 598.186 iconin Central e*. ................ 909.968 1,342.575 12536 545.673 l,0o -
Central Eastern Region Total ........ 51.785.351 37.253.975 18.210.796 7.925.942 24,397.342 17.572.382 13,639,264 9.139,290 Cotral western Region Total ........ 36,734.444 67,290.937 33.508.529 57.967.399 20,710,301 38,262.426 35.158.770 32.191.912
Akron. Canon & Youngstown ............ 283.541 465,296 189,470 369,736 114,533 225.762 607 92,377 7Atobion, Topeka and Santa e g/ ...... 15753.938 o0,836,081 13,103.132 1 o93,250 ,03.708 11,97.907 6,74.910 6.744,910
Baltimore and Ohio .................... 15063203 14392,508 5967,08 4858526 5.521,670 1,955,022 -- Chicago, Burlington & uincy .......... 5,46010 11759,579 3,598,181 9,742,896 2,557,2 6,59.857 --
Bessemer and Lake Erie ... ... 5,612 2,072,702 1,459,67 1,660,091 1,030,567 1.158.478 hicago, Roo k Island a Paclfic ...... 6,017,220 5,801,924 50121141 391,56 3,2 2,692,000 193460
seem n~r L~ake Eris 3.7-...... : ^ ^&61 2.7 0 44. 9 : 2 O 2.9:g 1.939.46o 1.978.
Central R.R. Co. of New Jersey** ...... 2 191 1 2237.593 455.491 d 2.006.376 1,000 1,000 Colorado and Southern ................. 294,041 306.186 142,086 148,563 10796 221,380 -
Central R.R. Co. of Pennsylvania. ..... .3,33912 37680706 2,0, 08 15173.25 ,3,500 Colorado and Wyoming. .................. 233.1143 257.152 234.29 201,323 1147, 123,600 55,00
Chicago6 & Eaotern Illinois ........... 35.959 78,95 38,350 .357 d 80.982 193,800 383,751 Denver and Rio Grande Western........ 462.191 14,938,95 1,671,694 2.9714,598 928, 671,600 1,978,242 1.978.242
Chicago & tllinoisMidland ........ .. 76.709 637.103 501.233 461,931 309,39 327,17 Fort Worth and Denver City ............ 467,516 483,633 27.182 35.226 71,457 80,971- -
Chicago, Indianapolis and Louisville .. 224,318 772.907 d 110.161 457,713-- northwestern Pacifio ............ ...... d 3 8.1 18,923 7319726 21.976 -
Detroit, Toledo and Ironton ........... 1,532537 1 ,1.758 1402.8 1,131,626 77.636 609,401 Sacramento Northern ....................1 9.L31.9 7561 -5.
Elgin, Joliet and Eastern ............. 3,897,281 2623.897 3.7908.5 2,56,878 2,451,793 1,692,772 Southern Pacific ...................... 31.1714.53 7 3.116 1.65033 547,61 9.31.908 7,55,52
Illinois Terminal..................... o.,326 2 8 276668 91.90 209700 3 100,000 90,000 Southern Pacfic Transp. Syten 6/ .... 10.361.121 18.956,92 6,1 .43 l496 .131 3. ,98 8733,956 9,131.908 7.545526
Long Ieand ........................ d 3.321.953 d 3792.100 4 d 186.350 d 53533 Toledo, Peoria & Western .............. 294,405 273.974 284,39 246776 174579 151250 -
Misouri-Illinois .......:.......... ..... 0 25 -406,3 4779 175.000 256,000 Unon Paific ....................... d 2.2 8670.398 8.796.095 19111540 3.650,00 10,200000 13,105.412 13,105.412
Pennsylvania ............ .............. o. 97 6,53,5455 14,OOl,20 814 0 :8,178,166 5,512.625 9.875.816 6.583.877 Uta ............................. ..7.. d 3 3 56 1 .1 d 64s
Penneylvaan eadi ......ho....Lines..... 1,4,2660.91 1753,6320d .0. 18.5,15 153,181 2,0.90 1,6,6 western Pacific ........................ 37.155 93 1 52,6603790107,000 198 2,817,8
Reading ................................ 12,476' 13.5 486 12,0411.437 1,5,57 13,6,5253 1,951,8690 2,8,690 1,6748.962
Staten Islaend eral Trandsito...... .... d 6.99 11 60, 42718 1e215458 259-000 7378- MIouthwestera on otal.... ...... ... 83495 091 3.179.1735 19.2, 22,35 1463 11,946 11.46,998 9,26o. 6.391.73
Western Maryland............ ..... 3.714.784 23.7551. 1 2,685.2938 2.069.3 1473.997 1.21.0370- 1
Wheeling and Laks Erie -....... 33161 3,119.807 3.110.930 3 7.59 1. 0 1,86,99.000 1.092,40 6214.074S mBa nt. u Lake & Wastern ....... Se.661 1,169.155 673.300 1.159,956 576, 403,000.O
le1ngtovn-4io k Isyland ................ 229,821 155,1 O 7* o,713 .0 1 3
SouthernDlstrit -Total ........ 82,944.763 86;.263.859 57,845.015 61.75.530 36.e202,49 37.625,01 9 32.565,470 32,401,125 teational Great Northern" ........ 21.060.679 50790 ~14.579 5, 000
sosthrnton- To ..............out. 4rn.................. 3 3.2627.87 3.903,529 3,1 0 3. 1, 775,004 0 1 4.394.19 420,
Pocahonts eexion Total ............. 35.065.302 30.280.52 29.041.108 25.962.868 17207.997 15.381,248 22,293.566 22,279,0014 Kanas, Ca. A Gul .............. 171.072 399,2 141,1 34.975 34961 30;198 265.785
.. L ouisiana & Ar 8kan sas ............. 3...... 1,308,999,921 1,055 1 1 271,69 49 96,700- 75,000
Chesapeake and Ohio ................ 18,485.281 12.77969 13.52 75 9181,98s4 8,95.0 5,671.587 12.071,190 12056.6. Midland Valley .......................... ..1.5 97.767 26 36.98 10,06 50.15 -
Norfolk and Western .............:...... 12::38 3,551,.286 12,1 13196.079 6.525,00 7,00,000 8.658,800 81650,8070 isseor-Kanesas-Txas ................. 2,110,22 1,221,885 1,29.6 2914, 759,000
Pichmond, Fredericksburg and Potomac., 388,699 1,190386 423,718 1,215.4558 259.00 737,841 Missouri-Pacifioc ................... 8.557.669 7,829.10 2.52663 1,.815.652 1,250, 225,000-
Virginian .........................2,755,11 2,685,378 69 7 1.173,997 1.271.820 1.,563,576 1,563,.576 Now Orleans. Texas & Mzioo ......... 1370599 1171122 23526 83,1314 176. 68000
,;-::::::dOklah oma Oity-Ad Atok ...... .... 50,270 38.107 38,172 20,21,74 13,712 36,26 14
Southern Region L Total ............... 17,879.461 55,983,047 28,803,907 35 512,662 18,994. 49 22143,801 10,2 1,904 10122,421 t. Louisa. Brownsville and 2Mexico ... 915,15 13,429 678,653 149 21 130,000 650000 -
Alabama Great Southern ........ ..... .22,953 975,730 622.875 8149,1437 1430,0 585,000 5.96826 896,8 St. Louis. San Irancisoo rand Texas ... 1.1,566 147,612 136 1 1 4.169 57.84 '71.000
Atlanta & Saint Andrews Bay .............. .. ... ............. 1058 195 6 9.5 196201 58,728 120O98 12.000 9,000 St. Louis Southwestern ............... 3.923.256.. .836.72T 3,2815 1.06.091411.95972, 641,8532 1,53.665
Atlant and West Point ................ d 1.79,6614 17.948 1o.649 12,072 66,148- San Antonio. Uvalde & Gullf* .......... d 227.574 6. 02 99.62d 311.989 d s.1-3
Atlantic Coastl ine ................... ..51592 5.202,2d3 5,202.118 6.359.649 2.300. 2,200,000 5739 1.650,739 Texas and Hew Oriieans ................. .050.229 .232.33 2.975,91 5,031.00 .11669 3 6.095
Central of Georgia...................... 299.259 718.654 d 4 d .366.3714 69.119 Texasu and Northern ................... 136,135 137.197 4.1 -
Cm1-leaton & Western Carolina ........ 3.3 167.6o 9.0 o at o ..........167722......... .....2 6.926 3,153,9 1 2361.71 66,03 1.571 2 1,3.6. 6
Cincinnati, New Orleans & Texas Pacifi 2,.925.278 3,353,457 e.Z3.33 2,60os,093 1.575., 1,865,000oo 4512 1,845l 2 Texas Mexican ........................20z4.332e.9eW 76 6201,9360 150,000


* report of receiver or receivers.
** Report of trustee or trustees.
d Deficit or other reverse item.


b Formerly included in report of Minneapolis, St. Paul & Sault Sto. Marie.
* Includes Atchison, Topeka & Santa NP By., Gulf, Colorado & Santa ie sr., and Panhondle & Santa Ie By.
* Data not included in totals. Includes Southern Pacific Compar, Texas and New Orles BR.R. Co.. and leased lines.
U. S. GOVERNMENT PRINTING OFFICE:1949 0 850193


_ ___









Subject to revision


5- a:.

'I.


z~ E


UNIVERSITY OF FLORIDA 26Sp 4


3 1262 08851 3303 INTERSTATE COM BRCE COMMISSION
BUREAU OF TRANSPORT CO C AND ETArATnTIC


Statement No. M-12S
JUNE 1949


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

Compiled from 128 sports (For BS) repreapting 132 twam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of June For he six months of For the math of June For the six months of or the nth of June For the six months of

1949 1948 1914.9 1948 1949 1948 1949 1948 1949 1948 19119 94
1. Net railway operating income..... .................. 61263 27 1249728 64312690728 $410 932 721 16 430 837 50498 093 $116 228 545 k29 950 854 I5 321696 (12274 679 (0386 998 (2 554 731
2. Other inoe.....................................23408 71 24 565 138 105 023 033 113623 217 7 570953 8008 617 45124 528 52474790 522603 746 15 3252450 4310520
3. Total income.................... ..................-84 671 996 149 538 002 417713 761 524 555 938 24 001 790 58 506 71 161 353 073 182 425 644 5 844 299 13 020 838 43 639448 46 865 251
4. Miscellaneous deductions from income............... 2 582 771 14934 404 18 876 422 34 051 133 453 163 10200 885 4 598 140 13 722 718 383 621 1 531 99 2 618 991 4 095 123
5. Income available for fixed charges................. 82089 225 134 603 598 398 837 339 490 504 805 23 548 627 48 305 825 156 754 933 168 702926 5 46067 11 488 847 41 020457 42770128
6. Fixed charges:
6-01. Rent for leased roads and equipment......... 11364410 12084 211 57 551742 63974389 7 023 898 7 201 246 41467 635 42 308 46 14 192 13841 90087 91 818
6-02. Interest deductions ./.................... 25007224 24765 675 148441277 1462585255 10731509 10933 821 64 203 039 63794898 1294 151 1094 708 7 691333 6323998
6-03. Other deductions................................. 212 412 148 213 1 157790 863164 65 965 43 344 366 874 247 692 8084 2 677 53 678 13 823
6-04. Total fixed charges-.............. .... 36 584 046 36998 099 207 150809 211096 078 17 821 372 18 178 411 106 037 548 106 351058 1 316 427 1 111 226 7 835 098 6 429639
7. Income after fixed charges-......................... 45 505 179 97 605 499 191 686 530 279 408727 5 727 25 30 127 414 50 711 385 62 351 868 4 144 251 10 377 621 33185 359 36 340 489
8. Other Deductions............................................................................ 3 29 53 8025 18296880 19074864 1 255613 1 328 464 7 571 78 8 020 353 -
9. Net income...................................................... 42 475 926 94 425 246 173 389 650 260 333 863 4 471 642 28 798 950 43 145 607 54 331 515 4 144 251 10 377 621 33 185 359 36 340 489
10. Depreciation (ay and structures and Equipment)... 34 029 070 31050 032 199 31 269 183 676 507 13 519 303 12 671 939 79 304205 74 352 913 2 550 799 2 282 541 15008234 13485 569
11. rtaton of defense projects ........... 72 995 1 371 679 8 227 318 8 524 104 466 378 467 436 2 798 037 2790 314 72 665 70 222 439 267 424 651
12. Federal income taxes--............................... 23 749 206 52 253 433 130903624 171903228 4 472658 16 816 224 41 605 307 50525 197 2 379 438 6 658 924 19 587435 22040172
13. Dividend appropriations:
13-01. On common stock..... ......... .............. 12 844 577 11 029 52 90663 259 80550 471, 1393 648 1 407 189 17 726 861 14 484 059 310032 310032 22 038 150 22023150
13-02. On preferred stock................... 1 055 752 2261 056 33 639043 33485055 163943 116 093 5 313545 6554962 565448 565 886
Ratio of income to fixed charges (Item 5+6-04).... 2.24 3.64 1.93 2.32 1.32 2.66 1.4 1.59 4.15 10.34 5.24 6.65


SOUTHERN REGION WESTERN DISTRICT ,ous NET INCOME-ALL CLASS I RAILWAYS MONS
Income Items DOLLARS OF DOLLARS
Income Items For the month of June For the six months of For the month of June For the six moths o1 100 100

1949 19t48 1949 19 48 1949 1948 19419 1948
1. Net railway operating income ....$..6 128 921 $13 845 143 (54 006 8382 69 828 950 $33 381 824 (k8 354 949 $102 066 803 $168 598 186
2. Other income......................................... 2 400919 2 595 723 8664116 924628 12 914 243 13 214 639 47 981 939 47591621 0-
3. Total income.------------------- ... .........8 529 840 16 440 866 62 672498 79 075 236 46 296 067 61 569 588 150 048 742 216 189 807
4. Miscellaneous deductions from income.......--........ 341 218 677 014 1 927 169 3 119 26 1404 769 2 524 514 9 732 122 13 114 031
5. Income available for fixed charges...... ....... 8 188 622 15 763 852 60 745 329 75 955 975 44 891 29 59 045 074 140 316 620 203 075 776
6. Fixed charges: 0 ------ -------------- 60
6-01. Rent for leased roads and equipment ....802 397 850755 4 779 180 5 150 893 3 523 923 4 018 369 11 214 840 16 423 210
6-02. Interest deductions/ ........................ 3 621 143 3789 964 21 633 311 22 601819 9 360 421 8 947 182 54 913 594 53 537 810
6-03. Other deductions....... ................30 378 24 377 1651471443 115 107 985 77 815 572 091 458 534
6-04. Total fixed charges....................... 4 453 918 4 665 096 26 577 638 27895827 12992 329 13043 366 66 700 525 70419554
7. Income after fixed charges--...- ---- -- 3734704 11098 756 34167691 48 060 148 31 898 969 46001708 73616095 132656222 40-- --- ---- ------ 40
8. Other Deductions............................. ....................23600 287 837 1952 680 1736 567- 1450 040 1 563 952 8 772422 9 317944
9. Net income.............................. ..................... 3411 104 10810 91 32 215 011 46 323 581 3.0 448 929 44 437 756 64 843 673 123 338 278
10. Depreciation (Way and structures and Equipment)..... 4 632 235 4 109 049 26 733 874 24 292 914 13 326 733 11986 503 78 584 956 71 545 111
1.. Amortization of defense projects----......--------. 212440 211 601 1 277 598 1 270939 621 512 622 42 3 712 416 4 038200 O --7 t
12. Federal income taxes................................ 3 252 111 6 216 678 22 246 603 28 460 479 13 644 999 22 561 607 47 464 279 70 877 80
13. Dividend appropriations:
13-01. On common stock.............................. 862 000 9 000 9 499 120 8 496 637 10278 897 9 303 301 41 399 128 35 546 625
13-02. On preferred stock................... .............. ..10223 10223 1645007 1645 007 881 586 2 134 74 26 115043 24719200 I I I I I I I I I n
J FAMIJJ A SON DJ FM AMJ JASONOJ FMAMJJ ASOND
Ratio of income to fixed charges (Item 5+6-04) ... 1.4 3.38 2.29 2.72 3.46 4.53 2.10 2.s8 1947 1948 19*


UNITED STATES UNITED STATES
selseted expenditure and Asset IteUs aeh of Je Sletedo I ~labl t Items Balane at the OF M 1T IN00CL-L.LL OLAs I RAILIAIX
Blamnoe at the end of June Balanoe at the end of June
199 9194 21949 1948
Reports showing Reports showing
17. Expenditures (gross) for additions and betterments- ,40o. Funded debt maturing vit in 6 months /.................... $130,176,290 119,307,073 Period Net Inome Net Pefiit
Road. ......... .................. ............$..... ...... 60,227,180 (146,3 94,1-99 -- ^ -
18. Expendtures (gross) for additions and betterments- 41. Loans and bills payable: f ........................................ 6,006, 0,00 r Amut ub Amnt
Equipment................... 551,520,008 415,364,884 42. Traffic and oar-seriq oe-Cr..................... .80,0, 9 23
19. Investments in stocks, bonds, etc., other than those 3. Audited accounts and e 1 payable 43
of affiliated companies (Total, Account 707).... 51 ,169 ,53,3 sl 2. 68 2,9 June 10 4 1
20. Other unadjusted debits.......................................1 156,51 536 Interest matured unpaI ..... .......... ............. 67 6 months 93 6 17 7 3 10,74
20idns1#u8154169 209 6 month: 19486978290:4J1n5822614 07,295
21. Cash a... ... ne ..... ............. ................. .. ......... ... 8 3 nDtvudrend .s. t.r. ; 6 ,mon. ths 99 107
22. Temporary oaeh investments.... -------32 8 m Unastured dividends deol red......70,566 5,8240
23. Special deposits...... ........ .. 118,1524,227 122,1 49. Accrued accounts payable........ 156,62,83 203,970,726
SLoans and bills receivable..............Ta..............xes ..... .....9. 12. Taxes accrued e3351 6 ,783 ludes reports of roads whose net aioom
25. Traffic and car-service balances-Dr ................................. 6 51. Other current liabilities) ab b t........................................ontroll...g o any.
26. Net balance receivable from agents and conductors... 124,379,14 1
27. Miscellaneous accounts receivable..........................4.. ,83, 5. Total current liabilities (items to) .. 1,842,177,533 1,935,575,393 Period umber ixoludsd
28. Materials and supplies......................................... s ,5 10 33
29. Interest and dividends receivable ...-- -13,8,947 16 53. Analysis of taxes accrue: June 1949 4
30. Accrued accounts receivable. ................ .... 15.65.992 15.3-01. U. S. Govenet.. taxes.. ....................... 3,881,416 503,629,201 June 14 4
31. Other current assets...................... ..... 9....... ............ 20 53-02. Other than U. Government taxes 18............07 .2 6 months 1949 4
32. Total current assets (items 21 to 31) 19........... 319 351365 3 654,0.... ...................... ...........272 890 294,012.9i27 9_66 months 191 4


4 Deorease, defioit or other reverse item.
V Represents asoouals, Inoluding the amount in default.
SExcoludes Missouri & Arkansas Ry. Co. Road not in operation.


2 Includes payments of principal of log-tern debt (other than
long-tera debt Ln default) whioh beoomes dun within mix months
after lose of month of report.
/ Inoludes obligations which mature not more than one year after
date of issue.


n ~_~~ ~ ~








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE SIX MONTHS ENDED WITH JUNE 1949 AND 1948


Page 2


NI BUIIAIT OPERATING Nat IICIN FDTl INOOM DIVIDEND mNET RSlL OPERATINGO Wa INOcM rD eAL INCOMn DITIDID
INuOO TAS APPROPRIATIONS IICNS la S APPROPRIATIONS
Region and railw ay_ Region and railway
1949 1948 194 1948 1949 1948 1949 19g8 1949 1948 1949 1948 1949 1948 1949 1948

aUnted States Toal ................. $312,690,728 $410.932.721 $173,389,690 $260.333863 $130.903,624 $171,903,228 $124,302,302 $114.035.526 Southern Segion Continued
astern District- otal ............. U6,22..545 129.950,854 43.145,607 54.331.515 41,605,307 50525.197 23,040o406 21.039.021 Clinchield .......................... $2,568,612 3.506,950 $325,070 $325.121
Columbus and Greenville ............ 77,672 101,967 $85,156 $109,800 53,417 13,852 $17,238
Noe ngland Region total ............ 9,409,986 10,635,003 2,823,372 4,266,279 3,74.,760 3,590,468 134,034 132,892 Florida East Coast* ................. 1.289,227 2,147.488 4 905.314 d 7.517 551,955 20.000-
Georgia R. R. Lessee Organiation.. 383.566 582,260 -
Bangor andAroostook .................. 1.901714 1,889.942 1,629,750 1.618.978 1,031,664 1,028,047 95,700 95.700 Georgia & l7orida* ................... d 224. 585 4 9 61070 46 6 -
Boston and aine ..................... 2,607,994 3.270,94 725,250 1,343.341 603,74 1,024,622 Georgia Southern and Florida ......... 270,68T282,092 12 2 1,925 174,000 92,000
Canadian National Lines in Ner England. d 787.91 d 637.61 888.0 735.352 t, Moile and Ohio ................ 3.274,329 4,058.155 1,889,962 2,632,806 1155.000 1,613,000-
Canadian Paciio Line in Maine 3062 31 3 Illinois Central .........................1395,375 13. .533 6,927.915 9,081,265 4,565,000 5,809,000 559,3 $559,
Canadian Pacifio Lne in ermont..... 18 67.223 Louisville and Hashille ............. 7,638482 8,675,686 5,316420 7,332,070 3301,298 4382,7500 4118,0 4118,4
Central Termont ....................... d7. 848.4655 d4 699 140,565 41,387 Missiesii Central .................. 69,7 1,66 46152 93,182 363 55.727 -
Main* Central......................... 1,360,069 1.341.316 787,333 786,44 825,788 474,636 38,334 37.192 Nasrlle, Chattanooga S. Louis ... 1 5,618 1.37,933 830972 802,019 8 25 493,045 255983 2 982
New York CoaneOtin ................... 172.165 315,552 New Orleans and Northeastern ......... 856,14 1,26,776 762,951 111,623 535,000 790,000
Nv Tork, ev aRen and Hartfor ...... 4,809,281 4.438,581 2.51.333 1,96.51 1.242,979 1,021,776 Norolk Southern ..................... 317,00 391.252 214,283 279,397 198,401 235.075 166,45 37,001
Rutla an ............................. 373.121 d 89.993 50.80 l 258.637 Seaboard Air Line ..................... 5,694,424 7.509,468 4,150,6 5,853,078 2,435,000 2,903,000 1,600000 750,000
Southern ............................. 9759.123 13.728,1 4,776,660 8,7506 3,560,000 5805,000
Great Lakes Berion Total ............. 45.300.255 56,141,213 18.848.937 31.775,811 10,920,200 18.905,449 7.860,902 10,370,627 ennessee Central ................ 109,675 d 6.731 5 j. 128 71 17.104
Western T of Aabal ............... 101,36b 225,535 92.818 5.411 5,604 1
Ann Arbor ............................. 232,.637 387,273 148.658 290,220 95.655 184.696 -
Cabriaand Indiana................... 358,211 151076 356163 147,582 226.9 266,847 120,000 120,000 Western District Total ............. 102.066,803 168,598,186 843.673 123,338278 47,464279 70,877,380 67,514171 60265.825
Delaware and udson ................. 1,755.958 3.398196 920,417 2,548,628 621,00 1577,000 -
Delaware, Lackaanna and Western ...... 3,208,292 4, 297 813,42 2151,933 377,298 1,23,056 422,206 422,06 Northwestern region Total.......... 7,689,514 28,529,409 L 5.879.80 13,586,124 3,277,007 d 1.042.3%6 12,090,878 10.394,599
Detroit and Mackinac .................. 170,284 26 42 131.182 236,962 75.142 142.869 -
Detroit and Toledo Shore Line ......... 569,127 567 525.935 520,609 327,863 322,655 120,000 120,000 Chiago and North Western ............ 4886.294 2926,121 d 7.260. 669,396 -
Erie .................................. 5.292737 8,623.938 2,253417 5,538.181 1382726 3396,330 324,907 324,907 Chicago Great Western ................ 1,1 2 1,663,729 18,787 132996 289000 670000
Grand Trnk Western ................... 1,570,908 1.300,600 d 8 29 109 Chicago.,MilaukeeSt.Paul and Pacific. 1,153549 4,261.133d 208 23,290 4,486,960 4,486,960
Lehigh and Hudson River ............... 68.394 158,748 80336 177.613 59109 116,068 70,605 94,140. ChicagoSaint Paul,Minneapolis & Omaha d 92652 280291 N 2.110.72 4 -
Lehigh and New England ................ 597,187 851,607 520770 788,621 327,526 490,276 476,000 476,000 Duluth, Misabe and Iron Range ....... 2,943,077 2,899,25 2,757911, -77 1,853,030 1,911555 -
Lehigh Valley .............................. 3,010,989 3,321,931 s,664 418,363 73.04 Duluth, South Shore and Atlantic ... d 9 96 339,046 d16 6 -
Monongah.as ........................... 46,919 663.860 240,816 454,065 237,366 32 803 Duluth, Winnipe and Palflo ......... 134890 95 -
Montour ............................... 389,788 401,025 391.360 398515 239,968 ,237 Great Northern ....................... ,37.75 7421.227 13,74 6,671 600,000 4 76 6,185,104 4,638,825
New Tork Central ...................... 13,223,803 12,055,803 2,916885 4143,20 682,176 770,054 orn Bay & Western .................. 81,153 155,488 106.18 165,67966 130906 125,000 125,000
ow Tork, Chicago and St. Louis ....... 6,698,542 7,844,100 6,134,938 6,900,43 3,221,000 3,932,000 1,081,698 2,704,238 Lake Superior & Ishpemin ............. 329,278 245,747 333,92 270,809 206,200 165,992 53,550 53,550
ewv ork, Ontario and Western* ....... .670 d 75.360 4 1.1.826 d 1476.7 Minneapolis & St. Louis .............. 410,809 640,999 406,724 650,798 238,000 357,067 450,000 300,000
ew York, Susquehanna and Western ... 132,873 177,766 d 171.4 ,004 Minneapolis, St. Paul & .S.S Marie ... 34 4 d 874.140 d 229.282 4 732.34 d 17.189 719,104 719.104
Pittsburgh and Lake Eie .............. 4,404196 4,891.529 3.33.497 3. 480 1,943,065 2.359,061 1.727.300 2590.950 Northern Pacific ..................... 113.25 6.18555 4.3 142,000 -
Pittsburg & Shawt .................. 213,769 298,726 149,001 21,021 71,500 136,385 Spokane International ................ 27,838 21,90 166 71,160 71,160
Pittsburgh & est Virgnia .......... 728,297 926,544 470,028 688.771 303.782 428,777 Spokane, Portland and Seattle ........ 1,006,399 959,240 d 61642 -U -
Wabash.............................. 2,623,014 5.926,579 1,567,136 4,875.119 728,070 3,042,389 598186 598,186 Wisconsin Central )/* .............. 1,158.332 1,830330 7 87394 40,000 350,000 -
Central Eastern BReon Total ........ 61,518.304 63.174,638 21,473,298 18,289.425 26,940,347 28,029,280 15,0,45.470 10,535,502 Central Western Region Total ....... 52,586,429 90.988,584 47,355,010 78.928,520 29,860,24 52.940,690 46,163.253 42,721,116
Akron, Canton & Tounstown ............ 317,652 4,971 203,978 428,351 123,426 261,97 ss,607 92,377 Atchison, Topeka and Santa *e c/...... 21,957,248 s2,223,145 18.852,787 24,999143 11,748,708 16,44775 10,385.00 10,385500
Baltimore and Ohio .................... 17.515,680 20.281,49 6..,986 9,159,677 6,415,888 4.318,22 Chicago, Burlington & n ......... 6,345,742 14,24,197 4,091,623 11,46,608 2,900,428 8,338513 5,125,161 5,125.1
Bessemer nd Lake lrie ................ 2,501,34 3,298,525 2,08, 2,801 1,418,927 1,922,740 Chicago, ook Island and Pacific ..... 8.088.558 8,388.489 6,871457 6,700,286 14,396,000 4,554,00 3,876,864 1,763,453
Central a. 1. Co. of Nw Jersey" ..... 2. 7173 2 20 a.793 6.11,200 1,200 Colorado and Southern ................ 352,134 355,746 171,7 161,98 172.110 259.806 -
Central a. Co. of Pmennsylani ..... 4 521 598 3,497 Colorado & Wyoming ................... 247,922 371,408 250,04 317,157 1 000 101 2 55000
Chicago & Eastern Illnois ............ 357,432 1,045.493 39.799 p 525 a d 97.9 287,800 383,751 Denver and Rio rande Western ........ 3,917,881 6,167,128 1,806,866 3756635 949600 1,9, 1,978.242 1,97822
Chicago & Illinois Midland............ 784,206 871,131 574,281 665,122 35196 451,672 Fort Worth and Denver City ........... 7,086 864,238 231,101 324,228 207,401 283,970 -
Chicago, Indianapoli and Louiille .. 317,467 995.607 t 83.7a47 617,336 NorthwesternPacific ................ 2 90 123,628 a 127,206 -
Detroit, Toledo and Ironton ........... 1,640,157 1,529,11 1,486,76 1,385,773 816,856 730.46 490,658 490,664 Sacramento Northern ................... d 3 295.186 62 4 66696 -
slgin, Joliet and later ............. 4.331,900 3,653457 4.,204,312 3.514,870 2,761,888 2,3 ,959 southern Pacific ..................... 1311.762 17,307 ,51,334 4,067,830 3,070,26 7,599,007 9,431,908 7,545.526
Illinois erinal ..................... 605534 907902 32.746 630,216 250400 2,500 200,000 180,000 Southern Pacific Tranap. System* 154415,886 24,632,778 10,259,994 19,629.612 5,717.131 11,199,679 9,431,908 7,545.526
Long Island** ......................... a 2,91.65f 7 j 3.45.00 d 4. 01.95 d 4 348400 Toledo, Peoria & Western ............. 324410 321,236 310,279 291,281 190,171 178.527 -
Missouri-Illinois....................... 47.5 535.505 491.597 548,70 187,000 336,000 Union Pacific ........................ 512 12,842,846 13.209,679 26,163.560 5.550000 13,450,000 13,105,412 13.105.412
Pennsylvania .......................... 23,838.595 18.097.071 3.86695 2,5503921 8,058,000 9.669,113 9,875.816 6,583.877 Utah.................................. d .668 2 4 1. d -
Penneylvanlia-Reading Seashore Lines ... d 290 20 .332 3.3727 2 496.032 183,782 183,817 Western Pacific .................. 1.570,015 2,07,.435 1,239,115 959,012 518,000 374,000 2,205,166 2,817,822
Reading ............................. 500293 46445 326355 46 2,10,604 2,909,966 2,798,145 2,448,41
Staten Island Bapid Traps~ ...,...... 7 266.7 d 552.23 d 624 Southwestern Region Total .......... 41.790,860 49,080.193 23,368,53 30.823,634 14.327,028 19,279,046 9,260,040 7.150,110
western aryland... ................... 77.9 4.021,98 2 6,941 2.7727 2,141,54 1,702,000 --
Wheeling and Lake Erte ................ 3,965,209 4,076,975 3,692,490 4,o037.140 2,a6,000 2,465,000 1,208,493 740,167 Beaumont, Sour Lake & Western** ...... 915,077 1,058,922 904,171 1,047,524 522,000 429,000
'-- :Burlington-Rook Islad ................ 405,615 333.872a 131Z J 227.2 -
Southern District Total ............ 9395.380 112.383.681 65.400,370 82.664,070 41,834,038 50.500,651 33.747,725 32,730,680 Inttrnational-reat Northern" ....... 1.369,9 ",432 9 16 T 66000 -
l -Kan0as City Southrn ................. ,570.661 4,70.303 3716.116 ,050.000 2,495,000 1,439,198 420,000
Pooasontas gtaon Total............. 4;386.998 42 ,5.4,731 33,185,399' 36.340,489 19,587,435 22.040,172 22.603,598 22,589,036 anas, Oklahoma ulf.................. 539,043 507,200 465,856 5,s56 392,051 388,2 265, 265,785
Louisia a i rkansas ................. 1,565,997 ,689,286 1262310 1,97,034 799.500 1226.92 150,000
Chesapeake and Ohio ..,?,,............ 21,.149.807 19,343.173 15,604,928 14.004,560 10&,0,000 9,008,801 12,071,190 12,056,628 Midland Valley .......................45.,48 107324 3.193 3T,621 9.694 58,205
300,419 17: o6 17,976,456 Hisso5,,.., 107,3224sas 3,193s 37,621 9269:4 58,205 :
orfolk and Wetern ................... 4.380,1 9 17,949,580 14,233,006 17,876,156 7.4,000 10,300,000 8,658,800 8,658,800 Missourlltansa-Texas ................ 2,821,551 3,92.743 1,433.69 2,177585 1,076,000 1371,000
ihmond, Frederickbur and Potom .. 457,301 1,437.966 499.902 1,469).684 283,878 891,8s41 310,032 310,032 Missouri-Pacifl** ................... 10.114.246 10,822,555 3.312,996 4,019,475 1,432.000 1,350,000
Virginian ............................. 4,099,471 3,824,012 2,847,523 2,989,789 1,538,557 1,836,530 1.563.576 1.563.576 N Orleans, Tas Mico* ........ 1,6266,451 1,402,522 322,824 97,638 135,000 68,000
-.. ..----Oklahoma ity-Ada-toka .............. 57,666 52,630 42,705 31.308 47.339 50,053 -
Southern Rgion('- tal .............. 5,008,382 69,828 950 32,215,011 46,323,581 22,246,603 28,460.479 11,.144,127 10,.141,64 St. Louis, Brownsville and Mexico* .. 921,83 2,602,280 621,065 2,230,399 358,000 888,000
I--St. Louis-San Frantcio .............. 3,665,406 4,558812 1.337528 2,352,93 893,300 1,567,050 4,334.142 3.092,985
Alabama Great southern ................... 776,21 1,167 614 1,212,980 1568,751 570,000 765,000 896,828 96828 t. Louis, San rancisco and Texas ... 122,619 215,534 116 1 19006 51. 119,000 -
Atlanta Snt rews Bay .......... 115,802 235,682 98,235 233.13 63,618 142 2 24,000 18,000 St. ouis Southwestern ............... 4,446,293 5.873,034 3,681437 4,957962 2,680,912 3,586,7 1,532 1,853,665
Atlanta ad West Point ................ 8 9 5369 13.855 127.570 9,1452 77,964 San Antonio, Uvalde & Gulf* ......... d 2K3O7 d 376. 3.l d 4010.- -
Atlantic Coast Line ................... 4,373,928 5.63,547 14.968,776 6,914,002 2,30000o 2,450000o 1.650,739 1650,739 Texas and New Orle ................ 5, ,23 246,051 3600,672
Central of eorgia ................... 178.745 97 ,46 d 289.46 4 A 37.302 82,942 Tex and Northern ................... 1 ,090 163,592 100,300 -
harleton etern Carolina ........ 419 198,314 67,26 10,000 exas and Pacific ................... 3,330,420 3,880,154 2365289 2941. 927033 1,914,812 1,367.675 1,367,67
Cincinnati, ew Orleans & Texas Pacifi 3.477.130 4,077,171 2,653.547 '3.181.981 1.865,000 2,280,000 1,855.335 1,855.335 exsa Mexican ........................ 234,316 200,9 187,026 275,250 140,000 167,000
1,6, 220 ersm Mexicn ........................ e34.316 e00.5 ]6.8.o6 27525 ],o.0 6.0


* Beport of receiver or receivers.
** Report of trustee or trustees.
d Deficit or other reverse items.


/ formerly included in report of Minneapolis, St. Paul & Sault Ste. Marie.
* Includes Atchison, Topeka & Santa Fo Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle A Santa oe Ry.
/ Data not included in totals. Includes Southern Pacific Company, Texas and Noe Orleans R.R. Co., and leased lines.
U. & GOVERNMENT PRINTING OFFICE:1949 O 850193







/l Te- t. vs qT /7

Subject to revision


UNIVERSITY OF FLORIDA

IHIIli ll ll !I HH11111111111 IoI '1ct 49
3 1262088513311 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT OMICS AND STATISTICS

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


Statement No. M-12S
JULY 1949


Compiled from 128reports (Form IBS) nenting 132 steam railways #
(SWITCHING AND TERMINAL C PANIES NOT INCLUDED)


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of July For the seven months of 74 the month of July For the seven months of Jor the month of July For the seven months of

19119 19489 194 1949 1948P 1948 1949 1948 1949 1948 1949 1948

1. Net railway operating income.... ...... ......................... 50337 003 $105 256 808 $363 480 73 $516 189 5 9 $11 45 201 $34 072 569 8 28 6 7 4 $164 023,423 $2 124 592 $8816655 $42 511.590 51371 3 6
2. Other income..-......------..............---------.. 17 582020 16459269 122605052 129591186 8617142 6954 858 53741669 58 93834 467009 ,728910 3719459 5039430
3. Total income.------... .--.--.....--- .........---67919023 121 716077 486085784 645780715 2062 83435 41027427 182 168 416 22 961771 2591601 9545565 46231049 56410816
4. miscellaneous deductions from income...................2482 761 5056195 21 35918 39107327 08901 617707 5007041 14340424 324 905 1 625 563 2943896 5720686
5. Income available for fixed charges...............6 65436262 116659882 464 726601 60,6673388 19553442 40409720 177161375 208621 347 2266696 .7920002 43287153 5069013C
6. Fixed charges:
6-01..ent for leased roads and equipment... ... 9965584 18 280085 67517326 76254475 6 70127 7196068 48437762 49 504537 14251 15842 104338 105660
6-02. Interest deductions. I/ .....2.................4692422 24138566 173333700 168275247 10483628 10553770 74886662 74348669 1294569 1094834 8985902 7418832
6-03. Other deductions-...........--- .............. 209262 166769 1367051 1099933 72078 44491 438951 292183 8082 2297 61760 16120
6-04. Total fixed charges............. 35067268 36585420 242218077 245 559 65 17 25 827 17794329 123763375 124145389, 1316902 111097! 9152000 7540612
7. Incomeafter fixed chares....-- ----. 30368994 80074462 222508524 361113733 2 27615 22615391 53398000 84475958 949794 6809029 34135153 43149518
Other Deductions 3507934 3 187978 81804814 22262 842 1 59538 1347 82& 8831316 9368175 --
9. Net income. ........................ .................... 26861060 76886484 200703710 338850891 968077 21267569 44566684 75107783 949794 6809029 34135153 43149518
10. Depreciation (Way and structures and Equipment)...... 34029952 31221196 233661222 214897703 13662993 12544669 92967199 86897582 2249954 2310832 17258188 15796401
11. Amortisaton of defense projects................--- 1372672 1373752 9599992 9897856 466358 468804 3264395 3259118 72666 70654 511934 495305
12. Federal income taxes...... ........ ......... .. ..... 17434132 48854376 147884756 220757605 2696078 11801984 43248385 62327182 402065 4737560 19989500 36777732
13. Dividend appropriations:
13-01. On common stock ..... ..........-............. 3996045 4911593 94659303 85462063 935050 508153 18661911 14992 212 22038149 22023149
13-02. On preferred stock ........................... 65139277 1471826 39778320 3.4956881 840048 682342 6153593 7837304 219904 219903 765352 785789
Ratio of income to fixed charges (Item 5+6-04).... 1.87 3.19 1.92 2.47 L.13 2.27 1.43 1.68 1.72 7.13 4.73 6.72


Income Items


1. Net railway operating income........---..............
2. Other income................ -----................
3. Total income........................ ......... ..... .......
4. Miscellaneous deductions from income..............
5. Income available for fixed charges--...........
6. Fixed charges:
6-01. Rent for leased roads and equipment....
6-02. Interest deductions /..............--........ ......-
6-03. Other deductions................ ...........
6-04. Total fixed charges.. .............
7. Income after fixed charges........................
8. Other Deductions.............................. ..........................
9. Net income........... .............................. -....... .................... .
10. Depreciation (Way and structures and Equipment)....
11. Amortiation of defense projects-............-
12. Federal income taxes........ -.......... ................---
13. Dividend appropriations:
13-01. On common stock.......... --.......----
13-02. On preferred stock....-...................
Ratio of income to fixed charges (Item 5+6-04) .


SOUTHERN REGION


WESTERN DISTRICT


For the month of July For the seven month of PoI the month of July For the seven months of
1949 1948 1949 1948 9 9 I 1 194 9 1948


$58 836 615
10 310 419
69147034
2 085 226
67 121808
5 720 916
25291660
194 033
31206 609
35 915199
2280 237
33634962
31 352 761
1489 592
23 928 216

12 446 56 5
3631779

2.15


$81737925
11191245
92 99 168
3 665 428
89 263740
5 956 967
23'954 914
170281
30 082167
59181573
28022621
57.158 958
28445190
1483113
34207875

11 789 518
2 214 588

2.97


$31 38 971
6 851 566
58 490 543
1 650 898
36 839 645
2 39 470
S955 882
00216
11 395 568
25 144 077
1 20 8.3
93.23238
13 498 118
21654
13 54 376

113 550
3 98 553

3 -23


$50 458 609
6 830 544
57 289 153
2 266 759
55 022 394
4 264101
9 015 021
92 810
13 351 932
41 650 462
1 554102
40096 360
12 213419
622120
26 567 436

1 110 559

4.11


$133 705 78C
54 633 505
188 539 285
11383 020
177 156 265
13.254 310
64169 476
672 307
78 096 093
99 060172
10693261
88 366 911
92 083 074
4 334071
60 718 655

41512 678
29207 596
2.27


$219 056 795
54 42165
273 478 960
15 380 789
258 098171
20687311
62 552832
551344
83 791 487
174 306684
10872046
163434 638
83 758 530
4 660 320
97 444 816

36657184
24 719200
3.08


MILLIONS NET
OF DOLLARS


INCOME- ALL


CLASS I RAILWAYS muiuous
OFDOLLARS


80, -------- ---- f--\-- --------------( 80
1947 1948 1949 00



Go 60



40 40



0o go



JFMAMJJAaONDJFMAMJJASONOJFMAMJJASO.D
1947 1948 1949


__________________________________ h I i ) 9- i- p- -


Selected Expenditure and Asset Items


UNITED STATES

Balane at the end of July


eleoted Liability 11


UNITED STATES

Balance at the end of July


t -_ .t t t


17. Expenditures (gross) for additions and betterments-
Road ........................................... ....................... .......... .............
18. Expenditures (gross) for additions and betterments-
Equipm ent.............................. ....... .................... .........
19. Investments in stocks, bonds, etc., other than those
of affiliated companies (Total, Account 707).......
20. Other unadjusted dbit............................................


21. Cash...............................---------... --
22. Temporary cash investments....-....................
23. Special deposits......... ................- ... .. ......
24. Loans and bills receivable................... .............
25. Traffic and car-service balances-Dr.-... ......
26. Net balance receivable from agents and conductors
27. Miscellaneous accounts receivable............................
28. Materials and supplies.......... ..... ... .............. ...............
29. Interest and dividends receivable...................
30. Accrued accounts receivable ..
31. Other current assets..... .....................
13. Total current assets (items 21 to 31)...........


40. Funde debt maturing within 6.ibnths I/.


41.
42.


4g.

49.
50.
51.
W2.


- - I-


Loans aid bills payable ..
Traffic and car-servioe bala -Cr, ...............
Audited.acqunts and wage&~ile.........................
Miscellaneous, accounts payable ............. .................
Interest,matured unpaid..........;,.............. ...
Divide ,s matured unpaid.........................
Unmaturd interest aoorued. ...........
Unmatured dividends declared ..............................
Accrued accounts payable_ ... ..................... .....................
Taxes,; accrued............... .............. .......... ...... ..............
Other current liabilities: ........... ....
Total current liabilities (items 41 to 51)........


53. Analysis of taxes accrued:
53-01. U. S. Government taxes............--.-...........-
53-02. Other than U. S. Government taxes........
54. Other unadjusted credits............... ...............................


228: 6239

20, 61,;99
216,1 39,538
71,96,995


$126,956.812


$119i268,353


000




-riiLZ I S
6 33 1. 11


.2
,7572h


1,860,944,716 1,993,142,841


69,049,781
291,037
260,o89, 33


572 .584,613
156,70 17,o-
295,332,3


- -------- -- -


ANMLU IS OF NET INCOMi-ALL OLASS I RAILWAYS


Period


Report showing
Not Ineom
ImehrN l AsMunt


Reports showing
Net Deficit
-- ---- -


July 1949 83 3,357,864 41 $6,496,804
SJuly 19 104 8 6 19 1,899,2
7 month l 94 2;,5,6 3 30 1,893
Smonth: 19 98 37,53,622 25 102,71


Bxolude reports of road whose nst inoome
(or dfoit) was absorbed by the controlling company.
Period Suiber Excluded
July 1949 4
July 1948 4
7 months 1949 4
7 months 194 4


d Decrease, deficit, or other reverse item.
/ Represents aoorals, including the amount in default.
. Excludes Missouri & Arkansas By. Co. Road not in operation.


2 Includes payments of principal of long-ter debt (other than
long-term debt in default) which becomes due within six months
after lose of month of report.
3/ Includes obligations which mature not more than one year after
date of issue.


$4 828233
1646 503
6 474 536
98057
6 376479
941 736
3658349
28 886
4 628 971
1747 508
327557
1419 951
4 618 887
211994
1681613

2947445
1986 772

1.38


$11 908 975
1 944 957
13 853 932
546166
153307 766
806074
3 474 941
27 171
4 308186
8 999 580
286 054
8 713 526
4 152 276
218174
5 747 396

3 292 881
569 581

3.09


$176,602,186
478s,49,648
33,201,026


F-


4


$190,358,251
615;952,986
522,070,128
137,8,498


704,027,780



126,5 06
2859;216,38?
152 2,17
153,182, 97o0
39,059,101


1297906


341,713,219
818,8742,78
1, 16,37
10,; 895, 56
4;2,950,173


;3176,485,961


3,603,807,712


I I I


-t


-I


-r


r


-r


j-


__


.


--L


I


i










INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TIrsv mOrHs ETpfD WITH JOUL 1949 APD 1948


Page 2


SI T RALa BILVI? 012*21 *. 2100S DITIDfm) w m RA.WA1 Oafi2 NEusUOi 3m0t&W O DSVIM
moc nllw ______a railwayAXES_-___ 1- Ba 0cRion andl railway ___________----- --
1949 19146 1949 l4 1946 1949 194 1949 1 199 191 1949 1914 1949 194 1949 194

Unite -- tot ................. S363.4ao.732 51.6.189.,59 *200.70.63.710 3.855.891 47.,375 6 2ao,757.605. *314.437,623 i o20,41.7944 8'1 ot hrn eiom Bontino l
t. et-Total .............. i1.1426.74T7 164.o3,123 44.56.6814 75.107.7 3 43.148.,3 62,327,182 2.4S15,.5o4 225,229.516 Ol ohf l .. ....................... .75 7 4.096.642 3792 79.31206
............... ......... ...idGreee. ....I.......... .106.309 $61725 $116.7 30'53.1 1 1 652 $17,236
a Region total ............ 9.793.752 12.714.413 2.314.444 5.10,434 3.552.977 14.i15 -,1053. 1321 15 7 1 S o lias' 7.09 .:6 1.......,11.,. .... 0 1d 669.9664 5 -
.. :......... ... :2.09 .2...624 33 1, 4.667 95.700 95,700 Gae&sa, lor ..d...,. 4.1 71 ,.
3 1:_a 000 1. 000 1.417. 191 1
ti L ^ .... .............. 2.1.14 1.96'3 5.1 .7 79A7 .g. ... .... 392.9... .:. 3,6609 1-i _a
. .Canadian Natio...al Li;. toNe w, inNA1, .A 8 L Gulf, : 1O. ..... .. ..... 3163.9172 9,28 0 9 l3.60, 6o.o9.0006 1.97. 6 000 1.1175,. 7.1 ,
C .adi Poti i. I ais........,, ... Illinoi l.... ..... :.- ,3 06,20 5 37 42.23 ,. t... 3 2 .. .. .......... 11..... 15.-.3.916 -1 o1,71
Central r ont Vermo nt.42 -- sis s t 7 922 2 10.7 67217
ain Central..........i.....1 06 1.6 32 64061 5 all .l tno i2. 1
4 -Ias a...... ... 7- Orleansa:do5 4 a 1 4, 626 1.355.14 575,
Now TekrS, aRe aven and Nartford 5,433,309 5.554.773 ,1,312.979 1,39.376 onoll n5t"NnI..................... ..332.16 25.495 761 0 53. 37,00
otai o........................ e. oo -oo S t r Air ....................... 10 3.7o21 -, .,691 10,6 .6 O 0 71 6.
1,0 1 96 X.691 5 124.7 .015.0..


O U and Bina -t..... ........ X3.73 3164 311.2 2. .2 23.90. 2 35.559.95 16 ,0003 1 0.687.308 o istr ito tot-l. ........6.613 0.760 21.90 66.36, 163.03636 60.716,5 69.o45 5 02 .j 16 4
Oulae n l dlei. .................... 1 4,307 3 1,1,017246 3,,85 ,2996 686,,0 277,5,00 . ..g'5A05
Dlw na a e.............................
etitnr .l.aMne...a................... 1965 3-,6-1 M W6 % ,2 15, ,.....915 02.

at^ W M- RateRt ... .. ............. ,I 660,12 5. ..30. 4.9- ll t n ... ., t ... 40 2U 05 1 .5 M 2 .* I O 3 857 105 000
troi nn o ..........................3 .3... 1 75W 6 ..,71 539. 8 59,1 34,6 e5,5. 0,io ro etr n .............
S nt ............................... .F .2 1 6 3 6 .9 1 .59 21 .90 t.00 G re esote ........ 2 ....056.7 9556 1 i
sl trand Wuter ...............3..... 1 9 1 1 ............... l a,8 1,1 i ,ooo

I-993-rT4 'g* .200 I.M. 422. 457.231 3692 15.2369 8 7
D.etri a id t.. .... ............ 1. 07. 13. 3 631.1 .. ..i...S2 .... .. .. t i0 c
P 49 59 5.3 3 9:94.1 5 9.51S 3 1 069; _2 6.573 140.0g3,gl O ldo.ut. ..n...estern ..... 4 93j I q gl 1
ai at o ... .. .......... s.73. 5 6416 3,1 169 A20,97 21 ht-1 r..ti ,.. ................ 1, .2 2> ~0 0 0i 9, 5 .
-"nt o w........"... ............ 78. 6.299 ......124,22.221 ,536,5o ,0,0 .7K s 5: S. .Wet, rn- ................ ,M.M.. ,9 1". s .1 7 1..7,0 12,0
N e y o............. ....... 7,0709M14 6o h. .. 2 9 1 1 1

sitt.rsba t .l. .....e.. ..... 14 I2 ol6. -200 2her ai it. ..... ...

a..borL9 2a nt..... .............,so 3. 1. a o.... .. .... ......... 1 0,579 7. .1 2 .d .o o, 10,-716 4* .25,0
storW..- ti... ................. 0... .620 1,1. 3.4.7,,nl m. ....4 1,5o9, -
lowTas...r. .................. ........... 2 ,,M 10 2,G.606a&.9Wesie rn Cnt i" .........'.'.. .......176912 137,7944 21 0251 00 140 95,0 -
T r.,goandSt.outl....... 3 167M .6 3 ,1 26 q,2 7.1 C ra t Ro n o.......... 6, 6,6 1, 641 1
7ow ,0 ,971.96 0,0 ,770 5,625,06,67n,000i, at.Paul Aa.a.artsa4.0, 2,620,062
.esr ml Lker ........... .3.1. ,6,1 11. 61. 2..565,o ,,o,2 5cO. R, ok -l-a ..l. ;' .o -,33
, ntral M, .. ... a. .............. f.. 0 53.3, ,23 .1.2 .3olor0do .9.9 '"rPa if 1................ 3. "-7
hicsa -oburg ater. Z11*.................: 2..36,1 ,1A9.2500p.o3e71.3 ,7t ..R io ndea tn......i ................ 7270..791,92,26 14.1111401 96.0o,7.97.2167
Pit sluL.. A Wo@% V lgn" nl.... ... .2.O 7.I = i= ndo ...a.... ........... 25..122.,2
8COX2 7154*.... .65 43 140 524 7D
iai....... o... ...................... 104 -. .6 6.1.5 .21 3 .W. Port W -th a oWs, t..t... ...... 1.271.1.2. 2 1 .
Centt_ alBls omi Tom tale..... 1.. 69 4,.M 1.61.899 23681.291 19.66.269,277 6.901.5 6 6.33 6 ,24., 65. 1.9.066 0ra"Wento gor "..Tg ............ .. 6j... .650 11 .044612,2 064 3.85.30 69. . 125
-- 6.4I-an 0r ...,47.. -4'3 02. -C i Sothern" gtciic...'.................. 26 .. .- +-3 9
ou.re a' 'nd. Oslan4d................ 1. 932:24l 2o..6. 1i.697.oIl 122.-toedo Poria 23- 3t9................. 3 3 9.8 .6 3 9 6 ,54.15,6
a ., 215,213 20952 ad 9.971:196 5.60% 6j67,9.000 `3-1 A& 26 000A
BessmrAdI I ............... .. 3.215-1 4 1 E .%:: To1 9 20.7 .00 3g 6.,o000 2o3Bok Inon l .mi.......... ......... .c3).. &.I.'-611 ..18,0, .1 51
.P.ennital..L. .................... 2 53.0 280 9,71 6 ,3 t a. .9..-2.................2 *,Lb0nL J -
e,:3.17. ,1,21 73 0 ,07657 6,32
Statn land Raold t.a nit.............. .. 3 j.,6o,0 -:otN h:set"-, s t..........14,66"5"0-2," "'"3,254,6 ......5"'".2419'167.64,297,,31 9.26.,oo40 7,5. -
ager n Rea,, .. .. ................ 91 '4 .71 96 eve ra30n7o Rior and* ,V2,26,5 4......0 48S1s 1 :
ooeniX m- 6oaeie.............. 262,1..%.1, 15. 99,1 /46.90 2,395.000p 2.993,200 1.235.3 I.OU6. eamon. Su Law & W t.0 65 91.0 679.9.
,4rlaleo2*7BO Icla .................. .3 39.o27
fSctsisoit oe S ankId, otalm...86.---........Q. 1. 13,109,31 67,70,15 0.30,70 3.77 6.o 6,90.1 45 .1 664......... ... .on c.. Norh ...... 97d.6216.0 "
ZWO, Cityr So1t.43.1.................5,23577 5, 120. 16-23o67 hern Paci2,91..5.. ..00027 2 1,14 81 3 106 42,0
T11101,Ta ne -i ......... ,,... 1 .1.02 5 5 1 4 5, 75323.9 ,89,350 26.07,7 22, ,001 2,0 8o S or,8 1ac93l icm pGuf.S.ytme............T:01535 ,5 ,9 26B1 2, 8534 1:0 3 1426.679.5 .7 .5
LM ............. ..... 2.M 1. : 'Union foui .La. ..aOr ....; 6 ............. 1, 6 29. 4 1, 41
Penorflvania ..d e................... 6. 31 2 25225 15,39,224,68 57,70.00 400,000 .8.6 6, 583.587.7 o rm....... *.. ... ................. 7 4 ,62.3 1 220
Riumsylheniakea rg S mleboline 2 L1.0 1,755.569a 2.33.376 21,097,941 3 10,032ter1032 Nou M r-bolf"...................... 12,23 .113" 2,071257.6500 2.00 2,20 5; 2 1

st. Readin.n ...................14,187,605 6026003,107179. 2.068,00 04,334.1242 3092.95
Statena Crstd Somthern...................652. 1,500,252 1.270, 1.8s6,5 565.0 90.00 8.6.66 896,3 St. lo i Sa ta.Oio% ml ta a ... 11.013,517 277371 5 ,64 6 160007
Wrn tataISin t In.... lay... .............. 132. 745 112 3 50 72,2 26j4926 .D 1,-000 St. Loia sat er ............
alin ami keIn .. .0 .....'I.. 33.111,5 4.3 1686901, 2.21 1504 2." .000 223.4 32 San Antonio, AVa!56 4.969....... ... 430.95
anlngUd e7 6 Orlensl m.......9 9dj... it.1 291, -
Xms@r a Oy Soutih.r..........tn.....................16,70 OF 71'45 1,2.
Aeaters7i ................ 1%29.r :250,165 19 7 .12340M- 20,000 .74 2,377,812 41.676721-330, -A0 .


* Report of r ever or receiver.
SReport of trustee or trustees.
A Delfct or other reverse ite.


b Formerly included in port of lMinn pols, St. Paual San t **t. Mari.
SIaludtes Atc soa, pe*k 4ksDant Fe Sr., uIt, Colorad A Santa 7M Sr., al ashslah l st r e. Rr.
D/ ata not inoltede in totals. Inalutes Southern Pacific Oompan. Texas and New Orleans R.R. Co., and leased lines.
U. 8 GOVURNM If PRINTING OT ICE: 1949 O 850193





jisTSut 3 ?to reqo

Subject to revision


C-
C
t-

3 ^



UNIVERSITY OF FLORIDA 3JanSt o

IIllI 16 0IIIII i88 1 314i 7 INTERSTATE COMMERCE COMMISSION
3 1262 08851 3147 R BURBAU oTRANPORT i OMICSA~ND TATISTrCS


Statement No. M-125
AUGUST 1949


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

Compiled from 128 reports (Form S) representing 132 steam railways#
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of August For the eight month of For the month of August For the eight months of For the month of August For the eiht months of
1949 1948 1949 194g 1999449 1946 1949 1948 194.9 19 1949 194
1. Net railway operating income....- ........65 727319 8115 709 718 429505049631 699 245 15127762 (42091866 1438515072061152886 3810909 (11480806 046322499 62852192
2. Other income.... .............----------- 15 685 63 14 906 589 138290692 144497776 7260713 6898112 61002384 65836461 501282 747742 4220741 5757172
3. Total income................................---------- 81 412957 130616307 567 795741 776397021 22388 475 48989,97P 204853891 271951749 4312191 12228548 50543240 68 639364
4. Miscellaneous deductions from income-.................------------ 2950 4 8 4749457 24309611 43856784 680853 689613 5 887894 15 030038 339109 1634178 3283005 7354 864
5. Income available for fixed charges................ .. 78462529 125866850 543486130 732540237 21507622 48300365 198965997 256921711 3973082 10594370 47260235 61264500
6. Fixed charges:
6-01. Rent for leased roads and equipment..... 10952252 11 409 716 78469579 8766418 8 6-881 863 7288209 55 319626 56 '92 744 14208 13814 118546 119 474
6-02. Interest deductions 1/...................... .......... .- 24878837 25 021315 19 212536 193296 51 _10672110 10600083 85558771 84948751 1299443 10S8414 2.0285345 8517246
6-03. Other deductions...............................................-------- 218166 168 256 1585217 119819C 72875 54886 511826 347069 15318 6719 77078 S2 839
6-04. Total fixed charges............. .................. 36049255 36599287 278267332 282158939 17626848 17943178 141390223 142088564 1329969 1118947 10480969 8659559
7. Income after fixed charges...........-- ............ 42 413 274 892671563 265 218 798 450381298 3 880774 30357187 57575774 114833 147 2644113 9475423 36779266 52 624941
8. Other Deductions..............---- ................... 3 351 983 3422 112 25156 77 25 684 954 1461 6 35 1332855 10292951 10701010 -
9. Net income......... ............................ .. ..... 39061 291 85 45451 240062001 424 696344 2419159 29024 352 47 282823 104132137 2644113 9475423 36779266 52624 941
10. Depreciation (Way and structures and Equipment) ..... 34668869 31547870 268330087 246445572 13783139 12775776 106750334 99673357 2529004 2353037 19787192 18149438
11. Amortiztion of defense projects --......-- .----- ..- 1321223 1380987 10921215 11278843 428985 467108 3693380 3726225 55399 68583 567333 563888
12. Federal income taxes............................. .............. 26 058 705 50913666 175646 461 271 671271 3 906 814 12739195 46858199 75 066375 1 576 672 6 198 540 21566172 32976272
13. Dividend appropriations:
13-01. Oncommonstock............................................ 227898862 21621964 117449185 107084027 508153 20000 19170064 15012212 10864059 10864059 32902208 32887208
13-02. On preferred stock.................... .... 4644588 4 318935 44422908 39275816 583649 467559 6737242 7704863 1849854 1850291 2635206 2636080
Ratio of income to fixed charges (Item 5+6-04). 2.18 3.44 1.95 2.60 1.22 2.69 1.41 1.81 2.99 9.47 4.51 7.08


SOUTHERN REGION WESTERN DISTRICT
uos____ NET INCOME-ALL CLASS I RAILWAYS MILLIONs
OF DOLLARS OF DOLLARS
Income Items For the month of Augurt For the eight months of For the month of August For the eight months of I 00 00

1949 1948 1949 1948 1949 1948 1949 19g
1. Net railway operating income.................................. 7742901 $11872055 $66 579 516 93609980 39045747 50 264 991 7172 751 527 (269 321 7 85
2. Other income....-.................................. ........... 869751 1242802 11180170 1244045 7053892 6017 9 3 61887 3 9 7 G0440098 -- 8so
3. Total income................................--.. 8612652 13114857 77759686 106.044025 46099639 56282924 234638924 329761883
4. Miscellaneous deductions from income...-- ------.. 22 157 574 374 2 257 383 4239802 1 499309 1 851 292 12 881 329 17 2320 80
5. Income available for fixed charges....................... 8 380 495 12 540483 75 502 03 101 804223 44 601 330 5 431 632 221 75759 5 312 529 803
6. Fixed charges: 0 s- -o -l---- 0
6-01. Rent for leased roads and equipment.....-- ... 753 891 794 670 6 474 807 6751637 3302290 3 313 023 16 556 600 24000333
6-02. Interest deductions I/...---............-..... 654 49 3526 889 28946209 27481803 5 9252735 9 795 92 73422211 72 340761
6-03. Other deductions....................-- ........ .. 28 659 25 812 222 692 196098 101 314 80 839 773621 632 184
6-04. Total fixed charges........................... 4437099 4347371 35643708 34429538 112656339 13189791 9075243.2 96981278
7. Income after fixed charges............ ............... 943396 8193 112 39858595 67374685 31944 991 41241 841 13100516 3 215548 525 0 ------ 40
9. Net income.....-.. ....................... .............. ............. ........ 3 616 814 7892186 37251776 65051138 i30381225 39453490 118748136 202883128
10. Depreciation (Way and structures and Equipment).... 4 683 02 5 4192107 36035786 32637297 13673 701 12 226 950 105 756 775 95 9685 480
11. Amortization of defense projects ...----- --------- 212 326 212 122 1701918 1 695 235 624 513 633 174 4958 564 5 293495
12. Federal income taxes......... ........................... ........ .... 2798625 5678051 26726841 39885926 177776 94 26 297 872 78495 i49 I l 123l742698-- ,o
13. Dividend appropriations:
13-01. On common stock................................. ... 84386 112999 12 530951 11902517 11333284 10624.906 52845962 47 282 090
13-02. On preferred stock....................... ............ .. 10 2 1022 3642 00 2224811 220086 19908 62 31 408 4 58 26 710062 J I I I
Ratio of income to fixed charges (Item 5+6-04).. 1.S9 2.88 2.12 2.96 3.52 4.13 2.44 3.22 rrA I *7* 1r 94 8 1 u949~


UNITED STATES UNITED STATES
Seleote Ependiture an Aet Ites lAugt eoted Li&tdlly Items ANALYSIS OF NET INCOMB--ALL CLASS I RILWAYS
Balane at the ena of August Balancest the snd of August
1949 1946 1949 1946
Reports showing Reports showing
17. Expenditures (gross for additions and betterments- 219,79,9 79671 Funded debt maturing with n 6 months .............. $122,016,669 106,004,686 Pero et Inooe Net Defielt
Road ........................................................................................................ 219,794,339 0207,967,316 ng withil 60 6 1 oN I me.i
18. Expenditures (gross) foradditions and betterments- 2,266,671 553,22,512 41. Loans and bills payable .........................,425,18 3,150,00 Number Amount Mumer Amount
Equipment.................................................... ....... ....... Traffic and car-service lances-Cr.............................5 17 o91,00o ,9
19. Investments in stocks, bonds, etc. .other than-those 43. Audited accounts and wage payable...... 22 88 ..................Au7 I 6
of affiliated companies (Total, Account 707) 137,4,171 00to19e9 97.*9101,621 2 6 3o6,7h 6,2 5,
2X.p 52,10,9 2Miscellaneous accounts p able ................... ............... ... 0 ^


24. Loans and bills receivable. ............ ........... S'112,61 50. Taxes accrued y .. 722,516,;1410 74,49.5 Exelude. reports of roiad whose net Income
250 Traffic and car-service balances-Dr. ............... er crr liabilities. 79,912,060 I0 ,399,375 (or oeflolt). w2 blorbed by th controlling oompn7y.
26. Net balance receivable from agents and conductors. 12 5 e e.............................................. 5
27. Miscellaneous accounts receivable sh. 351,7 8 Total current liabilities (items 41 to 1) 1,96,728,548 2,124,023,701 Period Nuber Exluded
26. Materials and supplies. 8 '2 'us 9
28. Materials and supplies9....................... ............. 1, 6 ,6 4 Utured ta2. Tot...urent .. es------------------......... .... E2 99---


. Interest and dividends receivable 1 ...................... 53. Analysis of taxes accrued August 1
22..Traffic and car-service balances-Dr ............ ---------- 4 l7,208,2 50. Taxes accrued


30. Accrued accounts receivable ...5 33 53-01. U. S. Government taxes ..021 176 58,3o0,961 August 1948 4
31. Other current assets 39,496,69 15,727,967 53-02. Other than U. S, Government taxes 47,24 68,09,8714 8 months 1949 4
]2. Total current assets (items 21 to 31)............ 3,203,882,792 3,734,600,433 54. Other unadjusted credits .2 5.. 503 02,059,3g month 19 4


d Deorease, deficit, or other reverse item.
/ Represents soorual, including the mount in default.
# Excludes Missourl & Arkansas Ry. Co. Road not in operation.


/ Includes payments of principal of long-ter debt (other than
long-ter debt in default) which becomes due within six months
after close of month of. report.
/ Includes obligations which mature not more than one year after
date of isue.








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE EIGHT MONTHS ENDED WITH AUGUST 1949 AND 1944


Pag 2


NET BAILWAY OPERATING FEBDAL INCOME DIVIDEND NET AILVAYw T (RATING tEDUAL INCOME DIVIDEND
INCOME T INCOS APPROPRIATIONS INCOME NET INCOME TAS APPROPRIATIONS
Region and railway
Bion and rativey
1949 191i 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948

United States Total ................. $429.505.049 $631,899,245 $240.062,001 $424.696,344 $173646,461 $271,671,271 $161.872,093 $146.359.843 Southern Region Continued
astern District Total .............. 143.851.507 206.115.288 47.282,823 104.132.137 46,858,199 75,066.375 25,907.306 22,717,075 Clinchfield ................. 3.. .. $3,094,178 4.,711.443 433.468 $433.524 -
Coluabua and Greenville ............. 4.921 108.822 93537 117,165 58.617 18.52 $17.238 $17.238
New acland Region Total ............ 10,398,541 15,129,077 2.108,498 6,409,646 3.531,618 5,403,633 201,171 199,421 Florida east Coast .................. 203,433 1.775,722 d2,6973 d 1,102,22 27,933 -
Georgia R. Lessee Oranization 532,649 820,822 ---- -
Bngor and Aroostook .................. 1.732,796 1.961.,22 1.357,010 1.598.766 832,264 1,062,111 143,550 143,550 Georgia & orida* .................. a 222.342 148 d 93.969 4 26 9 -
oston and Mainel ...................... 3.220.397 4.893574 771.755 2.324.594 473,450 1,722.071 Georgia Southern and Florida ........ 346,330 3323396 150.509 11,2 194.000 107,000 -
Canadian national Lines in New gand. 1. 2 d 73 d 1.179.278 1 .016,176 -- Gulf, Mobile and Ohio ............... 4.580,030 5.815.504 2.622,397 3.909,661 1.602,000 2.397,000 1.417.19 -
Canadian Pacific Lines in Maine ....... 28 9 Illinois Central ................... 14,876.677 18.937.834 8,949.688 12,981.546 5,911,000 8,280,000 1,118,718 1.118.71
anadian Pacific Lines in V ont ..... d 2618 Louisville and Nashvllel ........... 9.516.249 12.94726 6.293.357 11.155,857 4.025,264 6,.62.100 6,177,600 6.177.600
Central .armont ...........;........... l. 47.9 d 1,012.4 69.99 53,965 54.787 Mississippi Central ..................85.760 07,267 52107 154.610 50.611 104,577 -
Maine Central ......................... 1.578.927 1,772,2 816,971 293 858,960 687,688 57.621 55,871 Nashville, Chattanooga & St. Louis .. 1.977.813 1.825.453 1.122841 1,052.538 672.761 652,660 255.983 511.964
New York Connecting ................... 78,.91 470,230 0.39 6.228 New Orlenans an Northeastern ........ 1,114,988 1,760.033 989,072 1,591.576 68000 1.115,000 --
New Tork. New Haven and Hartford ...... 925592 6.929,883 2.364.56 3.338.563 1.312,979 1,876,976 orfolk Southern .................... 379.105 633.732 244562 473.489 225,801 440.964 250.631 132.762
utlande* ............................. d 41039 4509 d 179 3 Seaboard Air Line ................... 7.209.823 9,476,800 ,5146,669 7,309,078 2,645,000 3.698,000 1,600.000 750.000
Southern .......................... .. 12,736.135 19.219.49 5.884490 12.39.5 4.110.000oo 365,oo000
oreat Lakes region Total ............ 57.142.,05 g6.294.569 21,329,924 51.780.443 12,859,102 26.630.997 8441.751 10,410.630 Tennesse Central ................... 187,024 55,455 4,759 d 189115 4-4,1 0 3
Western By. of Alabana .............. 159,259 291,30 152,694 80,93,693 7183 52,500 105.000
Ann Arbor ............................. 252,643 633.471 141,644 502.386 90,483 317.055 -
Cambria and Indan ................... 09070 335.548 405,486 331.421 255.818 387.421 120,000 120.000 Western District Total ............ 172.751.527 269.321.785 118.748.136 202.88.128 78.495.249 123.7428698 84.254.420 73.992.152
Delaware and Hudson ................... 2.13.222 4,676,574 1.020,695 3.557.334 686,000.ooo 2,219.000 -
Delaware, Lackawanna and Western .... 4 056:64 6,821.426 812,81 3.41.817 335.655 2,012,919 422,206 422.206 Northwestern egion Total ......... 32.017.472 55.653.029 11,540,499 32.969.039 10.952.743 10.4144.107 15.236.981 10,48,149
Detroit and Mackinac .................. 232,337 389.553 180.7?5 326.712 103657 199,511 -
Detroit and Toledo Shore Line ....... 630,882 731,28 571,725 669.514 360.491 413,919 160,000 160000 Chicago and North Western ............ d 2.080 6,135,242 63179 3,104,384 1.380,000
Erie .................................. 5.917.434 12.185.089 1.866.025 8,07 .59 1065.182 4.950.864 3.24,907 3.244.907 Chicago areat Western ............... 1.528.525 2.393,620 1,043.021 1,936.947 289,000 1,o04,o -
Grand Trunk Western ................... 2,278.472 2,496,50 4 1,038955 d 7 801 Chicago.MilwaukeeSt.Pauland Pacific i,973.941 8.53,417 551.197 3.614,141 609.000 1,469.000 14,146,960 4,46.960
Lehih and Hudson River ............... 74,562 215,206 89173 236597 7127 156.699 70.605 94.140 Chicago,Saint PaulMinneapolis&lOaha d 455134 30,727 a 019 6 d 1,102411 ,
Lehigh and New England ............... 1,o001,0o6 1,228,810 897,977 1.141,734 536,654 709,151 476.000 476,000 Duluth, Missae and Iron Bange ...... 705.918 7.166.537 62 240 6,911,181 4,571,330 4.679.200
73:03 466 0293,+.1- GreatNorthe n... ............... 8,41 2 97
Lehi Valle .......................... 3,448,070 5.214.134 d 410 205 1.331.716 73,0544 Duluth, South Shore and Atlantic' .. 206, 4414.,170 d 4421 06, -
Mononshela ........................... .340373 94.2953 6-B331 663.870 316,487 --- I Duluth. Winnipeg and Pacific ........ A i>7 ? 1 156,682 1 0 I -- 768
Montour ........................... 3, .039 466,029 537.502 285,733 333,602 great Northrn ...................... 10,726 13.980.703 8,147 9 3.783.873 9.277.657 4,638.825
SYork Central ...................... 8,328739 3.473.693 3.412657 16560 94,107 1,036,097 oren Bay a western .................53.530 170,812 74,409 178,038 51,229 141.21 125,000 125,000
SYork, Chicago and St. Louis ....... 8,049,326 10.598501 7.790,166 9.466.00 3,686.,o0 5.307000 1.622.547 2,704.241 Lake Superior & Ishpeaing ........... 642.374 618.294 650.139 646,870 100 396600 107,100 107.100
w York, Ontario and Western** ....... d 91.08 a 5.353 d 1.496 5 d 1 801411 Minneapolis & St. Louis ............. 677,281 1,069.561 652,193 1,04,294 385.,400 584.067 450,000 300,000
New York, Susquehanna and Westerne ... 12,b4 3 6,380 4 261 809 Minneapolis. St. Paul & S. S. Marie 873268 218,341 430,615 7,836 192.811 719,104 719,104
Pittsburh and Lake rie ............ 4,896319 6.583. 333 74381 524 2 2,271,204 3.191,174 1,727.300 2,590,950 northern Pacific .................... 5.42684 10.184.286 1.63517 4221604 625,000 1.270,000
1.. 2.76483 93....74. 71 .160
Pittaburg& Shawmut .................. 262.761 353.741 177.492 264.393 92,300 192,785 Spokane International ............ 13381 100,797 d 6014 217 4.900 71160 71,1
Pittsburgh West Virginia ............ 837.840 1,289,631 145.132 90,0451 456,745 611.050 Spokane, Portland and Seattle ....... 1,703,(82 1,800,708 30,4
Wabash ................3...........186 8,201.050 2.449.0 6.782.770 1.301.313 4.231.400 598,186 598.186 Wisconsin Central .............. 1.539.580 2,429,132 73.369 .9 45000 655.000
Central Eastern Region Total ........ 76,310.941 104.691.642 23.844,401 45.9420o48 30.467.479 43,031,745 17,264,384 12.107.024 Central Western Region Total ......I 84,170.735 143.044,400 75.549.675 124,124,012 48,156.863 83.804.886 5s.839,020 56.393.893
Akron, Canton & Tounstown .............. 354.512 767,850 200.499 610.306 120,814 372.897 88,607 92.377 Atchison. Topeka and Santa e c/ .... 33.113.803 43.960,729 29.369.533 39.837.337 18.307,708 25,862.033 10.385.500 10,385.500
Baltimore and Ohio .................... 21,820,019 29,247.268 7.451.809 14,380.109 7,156,121 7.077.822 Chicago, Burlington & incy ........ .745.930 21,378.028 5.760,219 18,134,651 4,348.228 13.197.226 5.125.161 5.125.161
Bessemer and Lake Erie ................ 3.733,801 5,339.715 31o5.581 4,676.070 2.143598 3.209,68 Chicago, Rock Island and Pacific .... 12.080.341 14.557.704 10.49.153 12.466.238 6.589.000 8.211,000 3.876.864 2,820,462
Central R. R. Co. of New Jersey* ..... d 3 .41464 2. 166 d 2.613,892 d 11,325.626 1,600 1.600 Colorado and Southern ............... 549.742 421136 3110,46 161.821 279,704 309,558 -
Central B. R. Co. of Pennsylania ..... 5655,071 685,9 314.351 3,774 6,128 5,028 915,050 Colorado & Wyoming .................. 312.815 471267 322,497 4193 192938 163,567 55,000
Chlica ao astern Illinois ............ 573.161 1.312.54 150789 624,519 5i98 334,100 383.751 383.751 Denver and Rio Grande Western ....... 5.270,88 8007.050 2.46,416 4,656174 1,283600 1.451.800 2,329.919 .329.919
Chicago a Illinois Midland ............ 926,308 1.372,842 614608 1,099,400 397.396 717,872 ort Worth and Denvr City .......... 1,332.551 1,374,825 613.589 9619 463,749 525.055 -
Chicago. Indianapolia and Louisville .. 477,787 1,244.366 d .335 742.050 Northwestern Pacific ................ d 236'9 375.153 d 111 148 379.036 -
Detroit, Toledo and Ironton ........... 1,967.955 2.187.5914 1.7bo677 1,994,057 963.978 1.028.555 490.658 490664 Sacramento northern ................ 822.1 a2 86.9
4 6 7 9 5 5 2 ,r t ho5 9 9 6 3 9 7 8 1 0 2 8 5 5 564 16.96r.8
21in, Jolet and ater ....East ......... 4695.159 4,977.036 4.521,034 4.791.130 2.965.831 3.178.838 Southern Pacific .................... 16175,67 2 6,7651 1.22521 1447.86 26
Illinois Terminal .............. v..... 817,8 1,274,682 5,80 905.968 344,553 630,200 200,000 1e. 180.000 Southern Pacifio Transp. System /... 23,732,973 3870.429 16.209 26.95,513 9.815.887 16,034.lo 14.147.861 12,261.480
Long Islant** ........................ d 2193256 d 2423.763 3.554.4 d 3.613.096 Toledo. Peoria & Western............ 46,040 380,43 44,5 34,49 247.951 227.218 60.000-
Missouri-Illinois .................... 2001 663:281 588.59 60,7241 210,000 45.000 Union Pacific ....................... 4,318,805 24,020,090 22,509,7 41,791,443 10,500,000 21:676.764 20.653.549 20,653.549
Pennsylvania .......................... 27,685971 35.832,083 1,056.104 13.239.616 8.374,000 15.530.075 9.875.816 6,583.877 Utah ................................ 4 .31 d 69513 d 217,41 d 18,186 .- -
Pennylvania-eading Seashore Lines ... 4 d 1812.225 d 3665.594 d 24 92 245,o42 245,089 Western Pacific ..................... 2.4056 3,209,35 1.938,295 196876 153,666 95844 2.205166 2817,822
leading ......................... ........ 61505 9,015,403 3.76 e 6,679.584 2,330,400 .4,139.981 3.497,763 3,148,035
Staten Island Rapid Transit .......... a d 392,733 d 7 14 d 753,788 -- Southwestern Region Total ......... 56,563.320 70.624,356 31.657,962 45.795,077 19.385.643 29,493,705 10.178.419 7.150,110
Western Maryland .................... ... ,95,159 5,814,661 3.19,16 4,.164 4 2,526,000 2,578.000 ----
Wheeling and Lake Erie ................ 4.165 5.97.945 4.472.413 5.845.377 2.73?.00 3.557.000 1.812.7 1.228.0 Beauont. Sour lak a eastern ..... s89.091 1,286.637 875.260 1.270.936 738,189 471.495
uBrlington-Rock Island .............. 414.508 460.636 d 320.643 2A80o -
Southern District Total ............. 112.902,015 156462.172 74.,031,042 117,676,079 48,293.013 72,62,198 51.710.367 49.650.616 International-Great Northern ......... 1,817.070 1.85875 10705 66,000 -
anesas Cit southern ............... 5.999.457 6.64,391 4,853,287 5.529.90 2,675,000 3,45,000 2,158.797 420,000
Pocahontas Region Total ............... 46.322499 62.852,192 36.779.266 52.624.941 21.566.172 32.976,272 35.537.414 35.523,288 ansas. Oklahoma a uf ........... 653,332 664,895 552,64 583,022 471.380o 51,6o40 265,785 265.785
Louisiana & Arkansas ................ 2.077,90 2.391.296 1,672,596 2.199.741 1,082,500 1,69.921 150,000
Chesapeake and Ohio ................... 2417.47:7 29,712.313 16.h05.722 20.743.329 11.0oo00oo 144.68.001 18.1E6,6 18.092,.42 Midland Valley ...................... 97.358 130.032 26.194 22.a 20.071 63.563 -
Norfolk and Western ................... 16.730636 25.442111 16.558,088 25,256.158 8.375,000 14,50,000 13.098,151 13,098,151 It4ssourl-aneas-Tea ................ 4.221,813 6.629.189 2.339.523 3.731.214 1,720,000 2.398.000 -
Richmond, Fredericksburg and Potomac .. a5,557 1.965.980 543.229 2,015,116 381,378 1,227,841 310.032 310.032 Misort-Pacific** ................. 14,072.323 17,546.240 4,679.830 s,117,739 2215.000 4,200,000
Virginian .... .............. ......... 4.95.59 5.1.7388 3.272,27 4,610.338 1.729.794 2.830,430 4.022,663 4.022,663 ev Orleans, Teas a& Mexico** ....... 2,124,84o 1,490.030 383.43 d 2 53444 d 271,77 133:755
Oklahoma City-Ada-AtoLk ............. 64,187 88,94 47.o 6033 3 51.46 82.391 -
southern Region Total ............... 66.579.516 93.609.980 37.251.776 65.951.138 26.726,841 39.885.926 16.172.953 14.127328 st. Louis. Brownsville and Mexico** 1227388 3.296,019 802,716 2,817.95 625.221 1.035897 -
st. Louis-san francisco ............. 4.959.832 6.779,926 1.805.658 3.775.667 1,219,2oo 2,50,550 4,334.142 3.092.985
Alabaar reat Southern ................ 979,345 1,718,228 1.379.628 2,074.358 635,000 1,115.000 896,828 896,828 St. Louis, San Francsco and Teas .. 27.280 374770 228.827 340.359 113,848 206,000 -
Atlanta Saint Andrew Day ........... 167.831 314,4 14.392 304,999 90.676 186.679 24,000 18.000 St. Louis Southwestern................. 5531.930 7,548.645 4.514.107 6360.683 3.48.529 4.77.092 1,853,24 1.853.665
Atlanta and West Point ................ 5.18 135855 41.066 168.944 26,017 99.006 12,318 49,272 San Antonio. Uralde a Oulf* ........ d 79260 d 461953 d 41,854 d 586,251 -.,
Atlantic Coast Line ................... 4,122.596 5,437,292 4.921.272 7.7,737 2,200,000 2.650,000 2,474,166 2.474,166 Texas and New orleans ............... 7,557,635 9.530.344 5.7807610.4 3,717.989 4811.589 -
Central of Georgia ................... 12,53 1.305,166 d 508086 88,995 82942 Teas and Northern .................. 169522 172.027 105500 198.70o
Charleston A Vestern Carolina ....... 14.13 312.876 d 155i 138850 35.000 Texas and Pacific ................... 4.388.64 5.526.965 ,273. 35 4,260.S84 1.227,033 2,876,81 1,367675 1.37675
Cincinnati, New Orleans & Texas Pacific 4,298,892 5,530,810 3.214,870 4.340.331 2,245,000 3,105,000 1.875.780 1,875.780 Texas Mexican ....................... 338.390 311.479 271,403 486,519 160,000 95000


* Report of receiver or receivers.
** Report of trustee or trustees.
d Deficit or other reverse item.


b/ formerly included in report of Minneapolis, St. Paul & Sault Ste. Marie.
Includes Atchison, Topeka & Santa Fe By., Gulf. Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
S Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R.R. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE: 1950 0 850193







SubCjet to revision
Subject to revision


UNIVERSITY OF FLORIDA

IIII 1 W IIIII11111111 III II III1111111111111111111
3 1262 088513154 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

Compiled from 127 reports (Form IBS) representing 131 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of September For the nine months of For the month of September For the nine months of For the month of September For the nine months of

1949 1948 1949 1948 1949 1948 1949 1948 1949 194, 1949 1948
1. Net railway operating income......................----- 63 537 6 2 #108 46718 $478464503 722156910 (136 02 4 53 3949911 S 157173 945( 44951127 1 044 811 $10 138 722 $47341473 72 90914
2. Other income- ...---------------- ..----- ---- 15197 30C 16070965 151364580 158 593211 6819704 7348783 67801388 73162681 417340 572767 4638081 6359939
3. Total income.....................-- ....-......... ----------. 76 734 93L 1I4 538 151 629829 083 880750121 2 622 157 46847902 224975333 318113806 1 462 151 10 711489 51979554 79 550 853
4. Miscellaneous deductions from income...............----.. 2 705 2 24 5 517 214 26948507 49 313 373 675655 665094 6560360 15 689 884 235 416 1 535072 3518 421 8 869 936
5. Income available for fixed charges-.........------- 76029714 119020 937 602 880576 831436748 19946502 46184808 218414973 302423924 1226735 9 176/417 48461133 70460917
6. Fixed charges:
6-01. Rent for leased roads and equipment...-...... 11076074 11680410 89 460 771 99260400 6920097 7 229 156 62 239 74 64 021900 13 013 13 914 131559 133388
6-02. Interest deductions I/.............-......... 23310391 22790102 210195 9 0 204860074 10507783 10554496 96065625 95501377 129266 0 11 .0032 11578 05 9637278
6-03. Other deductions ........ .............- .. 212400 167 97 1777461 1350311 72153 52870 583979 399939 9098 2281 86524 25120
6-04. Total fixed charges --..-....--------- 34598865 34637 80 301433542 305470785 17500033 17856 522 158889328 159923216 1314771 1136227 11796088 9795786
7. Income after fixed charges................. 41430849 84383128 301447034 525965963 2446469 8 348 86 59525645 142500706 d 88036 8040190 36665045 60665131
8. Other Deductions .... .......3300195 2987975 28456992 28 672 929 1459 80 1327055 11752759 12028065 -
9. Net income........... 38130654 81 395 153 272 990 04 497293034 986 661 27 021 231 47 772 886 130472 643 d 88 03 8 040 190 36 665 045 60 665 131
10. Depreciation (Way and structures and Equipment) .. 34037349 31073519 296211662 271661286 13708079 12811535 120355998 112391735 2 564571 2 351847 22354935 30501235
11. Amortization of defense projects ...--...--........----- 1375359 133172 12197861 12 1169 464960 43378 4 4150621 415228 87 9 70233 655262 634121
12. Federal income taxes ............ ------ ..... 28031722 49343C14 199161182 316389885 531454 12403731 50087652 67045106 d 10391 5 20 810 21462260 38197032
13. Dividend appropriations:
13-01 On common stock ...... 10900016 17 769139 128 349 01 124653166 948964 7 557870 20119028 22570032 32902208 32867206
13-02 On preferred stock .......................... 1191961 2 935 405 45675227 42211221 11609" 6 737 4 2 7820956 635206 2 636030
Ratio of income to fixed charges (Item 5+6-04)... 2.20 3.44 2.00 2.72 1.14 2.59 1.37 1.89 .93 8.0s 4.11 7.19

SOUTHERN REGION WESTERN DISTRICT
SOUTHERN REGION WESTERN DISTRICTILLIONS NET INCOME-ALL CLASS I RAILWAYS MILLIONS
OF DOLLARS OFOOLLARS
Income Items For the month of September For the nine months of For the month of September For the nine months of 100 100

1949 1948 1949 1948 1949 19 1949 194 1949 1948
1. Net railway operating income $........ ..........--7... 7669 392 $11 096236 74 248 908 $104706216 $41020973 $47 73310 $199 700 177 299 508 6 55
2. Other income..............-------- ......... 966001 1383286 12146170 13817331 6994264 6766129 66778941 65253260 0 --s80
3. Total income............................ 86353 93 12 479 522 86395078 118523547 48015237 54 499 23 266 479 118 364761913
4. Miscellaneous deductions from income..................... 275 442 567 857 2 532 825 4 807659 16 518 711 2 751 191 14 336 901 19 925894
5. Income available for fixed charges .. ....8......... 83. 559 951 11 911665 83862253 113715 86 4649C 526 51748047 252142217 344836019
6. Fixed charges: 60 60
6-01. Rent for leased roads and equipment... 756869 1077451 7231676 782908 3386 095 3359889 19857812 27276024
6-02. Interest deductions/ ..--------- 3661464 3539237 32607673 31021040 748464 7576337 69943987 6870037 5*
6-03. Other deductions ......................... 28 030 28 314 250 722 224 412 103119 83 832 856256 700 84C
6-04. Total fixed charges................ 4446363 4645002 40090 071 39074540 1 337 698 11 020 058 90658055 96677243
7. Income after fixed charges. ..... --.. ................ 3 913688 7 266662 43772182 74641346 3 15888 40727989 161484162 24815776 40 --- -- ------- --40
8. Other Deductions.....- 317 82 186000 2924641 2509547 1L22-55 1474920 13779592 14135317
9. Net income........ 3 595 766 7080663 40847541 7213180 33636 263 39 253069 147704570 234023 4i
10. Depreciation (Way and structures and Equipment)... 46771245 4 196 449 40712911 36833746 13087 b74 11713690 112787838 102134476
11. Amortzation of defense projects __----------------- 212 500 211964 19914218 107199 610170 615 747 5 477 760 5 818 032 0o -- -- ll
12. Federal income taxes- ...--- .-------- --- -- .... ....3184432 5524367 29911273 45410293 41 419748 26194706 9769S997 145737404
13.Divdend appropriaton stoc. 12000 12000 12542951 11914517 9939052 10 199269 62785014 574813 b.
13-02. On preferred stock .......... --. ......- .1. 14107 1431298 3716467 3656109 1177854 1388014 32 586312 28098076 0 J LL IOI 0
J FM A M J J AS 0 NDJFAJ J A 0 ND J FMAMJ J AS
Ratio of income to fixed charges (Item 5+6-04).... 1.88 2.56 2.09 2.91 4.10 4.70 2.78 3.57 1947 1948 1949


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Selected Liability Items ANALYSIS OF NET INCOM-ALL CLASS I RAILWAYS
Balance at the end ofSeptember Balance at the end of September
1949 1948 1949 1948
Reports showing Reports showing
17. Expenditures (gross) for additions and betterments- 241,0661 140. Funded debt maturing within 6 months /-................. ($121,560,093 (145,304,223 Period Net Inoome Not Definit
Road ........... .......................................................................................... 8m241,066,9u3 N2r3,915,17n
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable /...................................... 5,788,203 3,150,000 Number Amount Number Amount
Equipment ... ......... .... .- ----- ----............... 74.,484,259 610,470,523 42. Traffic and car-service balances-Cr..... .................81,272,193 9,443,76
19. Investments in stocks, bonds, etc., other than those 4. Audited accounts and wages payable.. ---- 419,993,973 527,297,791 ,
of affiliated companies (Total, Account 707) ... 525,892,324 529,683 264 dMiscellaneous accounts payable.. --- --..207,91,552 252,952,468 Sepm 1949 s9 $96,9,1 2$7,32247
20. unadjusteInterest matured unpaidunadjusted....... 0--.... ....... 40,459,9o0 40,954, 59 September 1948 102 8J ,007,882 19 2,612,729
4 Dividends matured unpaid ......21,095,949 201743 9 months 1949 94 308,560,569 29 35,570,527
21. Cash........--...- .... 726,327,620 900,59,496 7 Unmatured interest accrued. 7;42,73 73;605,461 9 months 194 98 526 66 23 29,21,32
22. Temporary cash investments................................. .---. 751,477,274 97, 922,649 U4. Unmatured dividends declared .......... ......15.69 22,83 ,485
2 Special deposits .... .................... ............ 1 ,9 0,1 ,514,03 49. Accrued accounts payable 6............. ........40,015 176,336,
Loans and bills receivable- -542- 12,764,636 50. Taxes accrued ......... 663 960,407 73,359 EExludes reports of roads whose not income
2R. Traffic and car-service balances-Dr. 43,862,404 5,533,16 51. Other current liabilities. .. ............ ,8,72829 95,57 608 (or de.flot) was absorbed by the controlling company.
26. Net balance receivable from agents and conductors.. 128,525,865 136,67,7263
27. Miscellaneous accounts receivable ... 27..,983,31 356,524,421 5 Total current liabilities (items 41 to 5).. 1,779,331,203 2,057,285,599 Period Number Exoluded
28. Materials and supplies ...... ....... ,707,7 10,70 ,
29. Interest and dividends receivable. ---........ 16,03 6 19,009,07 53. Analysis of taxes accrued: September 1949 4
30. Accrued accounts receivable. 159,22,69 11,217,369 53-01. U. S. Government taxes ............................... 0,55,944 56,696,519 September 1948 4
31. Other current assets 37,113,663 41,769,876 53-02. Other than U. S. Government taxes 13,604,463 174,439,050 9 months 1949 4
Total current assets (items 21 to ........... 021,8,7 0 60 52 54. Other unadjusted credits....... ..................................... 2676229 332,660 9 months 194 4
32 Total current assets (items 21 to 31).. 3,021,3,370 3,60,763,52 54. Other unadjusted credits.. ................... ...... 267,623,49 293,332,60 9 months 48 4


d Decrease, deficit, or other reverse item.
SRepresents aooruals, including the amount In default.
Excludes Missouri & Arkansas Ry. Co. Road not in operation. Also excludes Missouri-Illinois and Missouri Pacific,
whose reports were not filed due to strike effective 9/9/49.


2/ Includes payments of principal of long-term debt (other than
long-term debt in default) which becomes due within six months
after lose of month of report.
SInoludes obligations which mature not more than one year after
date of lssue.


Statement No. M-12
SEPTEMBER 1949


3Jan s








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE NINE MONTHS ENDED WITH SEPTEMBER 1949 AND 1946


Page 2


NIT RAILWAT OPERATING NT INCOMPEDAL INCOME DIVIDEND NT BAILWAY OPERATING ET IECOdF L INCOME DIVIDEND
INCOME TA S APPROPRIATIONS I ICOMII TlA tS APPBOPBIATIONS
Region and railway B_ gion and railway
1949 1948 1949 1948 1949 1948 1949 1941 1949 1914 1949 19498 1949 1948 1949 1948

United States- Total ................. $478.464.503 $722.156,910 $272.990.042 $497.293.034 $199.161,182 $316.389.885 $174.04.428 $167.064.37 Southern Region Continued
western District Total .............. 157.173.945 244.951.127 47.772.886 130,472.6143 50.067.652 87.o45.106 26.856.270 30.391,038 Clnchfield ........................ $3.43.727 $5.305.533 1487.688 $487,739
Columbus and Greenville ............. 90,73 127.817 101,124 137.3 63.267 30,852 17.238 17.23
N nand Reion Total ............ 11.080,551 17,074.828 1815.736 7.345.086 3.496.076 6.302,031 201,171 199.421 norida st Coast* ................ 39 1.621,805 d .40.475 1621965.922 -
Georgia Lesee Orgniation 630896 960.675 -
Bangor and Aroostook .................. 1.634.487 1.969.888 1.212.706 1.567.969 743.30 1.038.235 143.550 143.550 Georgia & orida .................. d 252.229 5.272 d .36 d 666 -
Boston and iam ...................... 3.584.281 5,600.278 823.134 2.759.090 526.294 2029,296 Georgia Southern and orida ........ 377.90 374.603 156.814 14553 199.000 107.000 -
600.279 23.134 2..759nx.090Oh26.. ........ 5 .167.90 9 6 6 .777
Canadian National Lines in New England. d 1.123.886 97.772 d 1.274.530 d 1124216 Gul, Mobile and Ohio ............... 5.163.989 6.777.516 2.945.589 4.531.780 1.799.000 2.777.000 1.417.191 1.417,191
Canadian Pacific Lines in Maine ....... 12 2 86 Illinois Central ................... 16,72,533 21.464,883 10.112.24 14839.904 6,677.000 9.461000 1.118,718 1,118,718
Canadian Pacific Lines in Vermont .... d 1.0 d 96.914 Louisville and Nashville ............ 10,173.242 15.345.572 6.523.946 13.336.290 4.598,47 8.242,475 6.177.600 6.177,600
Central Vermont....................... .120.736 564.577 d 1.22 31 d 56.07 60665 61487 Mississippi Central ................. 98.134 238,249 59.556 171,756 56474 118.896 6058 -
Maine Central ......................... 1.663.378 1.890.645 80867 1.058.268 52.758 709.437 57.621 55.871 Nashille, Chattanooga & St. Louis .. 2.298.272 2.062,385 1,344,818 1.190.96 808,679 749,972 255.983 511.964
New York Connecting ................... 149.507 532.955d 391.559 13.931 New Orleans and Northeastern ........ 1.330,052 2.031.206 1,189.038 1,6.639 21o000 1.00,000 -
ow York. New aven and Hartford ...... 6.49699 8,114.755 2.527.284 3.988657 1.312.979 2,463.576 Norfolk Southern ...................... 433.99 720,915 288.071 537.15 259.522 507.513 250.631 132.762
Rutland** ............................. 399.322 93.330 d 667.03 Seaboard Air Line ................... 8,018,086 10.480.358 5.686956 8.069,514 2,830,000 4,128,000 1.600,000 750.000
Southern ............................ 14.825.935 21.553003 7043.621 13.769.718 4.795.000 9.65000 -
reat Lakes region Total ............ 64.652.859 101.453.285 23.890.893 62.402,463 14.116.541 30,934,077 .545,286 10.537.700 Tennessee Central ................... ..5,254 69.496 5.1481 d 14.1i d 34.208
Western By. of Alaama .............. 197.900 326.1199 1.480 312.21 115.624 191.037 52.500 105.000
Ann Arbor ............................ 303.583 719.506 177.167 573.032 112,52 360.479 -
Cambria and Indiana ................... 418.024 426.350 413,888 422,602 262.335 453.417 180,000 180000 Western District Total ............ 199.700.177 299.508,653 147.704.570 234,023.459 97,699,997 45.737.44 95,371.326 g5.579,435
Delaware and Hudson ................... 2566.309 5.412,10 1,309,02 4.152.006 686.000 2.598.000
Delaware, Lackawanna and Western ...... 4,763.256 7.92.295 1,105.559 4.124.137 497.155 2,121.059 422,206 42.206 Northwestern region Total ......... 46.151.925 73.017.195 22,314,205 46.465.519 16.875.732 18.864.536 15.236,981 10.598.149
Detroit and Mackinac ................... 283.287 35.431 224.963 365.353 129.883 222.511 -
Detroit and Toledo Shore Line .......... 691.061 806.670 624913 737.369 394.009 455.50 180,000 180,000 Chicago and North Western ........... d 810358 7.491.683 d 4412115 4.616,275 2230,000 -
Irie .................................. 6,973.553 14.321.932 2.401.772 9.738.116 1.313.164 5.899.68 3.244,907 3.244.907 Chicago Great western ................ 1.712.828 2.727,462 1.154.738 2.204,922 289.000 1,153,000-
Grand Trunk Western ................... 2.355.519 3.475.082 d 1.388624 d 208,668 Chicago.Mlvnukee,St.Paul and Pacific 7.139.439 11.152.557 2,o092.2 5.786,258 1.57.000 2.811,000ooo 4,486,96o 4,486,960
Lehigh and Hudson River ............... 92.572 242.27 0 109.496 2 725 85,149 176.374 94,140 141.210 Chicago,Saint Paul.,inneapolia&Omahs. 8 857,50 d 18 131 d 869,22 -
Lehigh and Nw England ................ 1.149,836 1.473,969 1.033.553 1.374.499 619.749 853.039 476,000 476.000 ouluth, Misse and Iron ange ...... 8542.392 9.126,49 373 8.839.b39 5,616.980 5,985.286
Lehigh Valley ......................... 4,035.501 6,394249 d 329.256 2.o09.560 73.054 uluth, South Shore and Atlantic** .. d 283.05 532.106 92.377 d 210- -
Monongahela ........................... 516,787 1,122,88 200.751 806,209 106,30 8.705 Duluth, Winnip and Paific ........ d 301 17056 611 -
Montour ............................... 490,800 640.694 493.762 637.557 302,731 394926 reat Northern ..................... 15.37.534 18.862,887 12.61.86 6.9 6,283.87 1.580.1245 9,277.657 4,638,825
N York Central ...................... 20,632.55 27.6751 3.393,671 13.141.696 65110 1,168.950 ren Bay tern ........ .... 55957 160.980 73767 1652752368 14.659 125000 125.000
New York, Chicago and St. Louis ...... 8,760,303 12115,189 8,402676 10890.054 3.971,000 6.066,000 1,622.547 2,704,241 Lake Superior lehpeming ........... 887417 692,664 920.466 722.401 400o10 o44000 107.100 107.100
Nw York, Ontario and Western* ....... d 54151 d 821.743 d 1,1196 d 1,896,999 -- Minneapolis a St. Louis ............. 807,415 1.37,113 772,483 1300,545 457.600 735,567 450,000 450,000
New York. Susquseanna and Western** ... 174975 L06.16 d 269.3 d 1781 Minneapolis, St. Paul & 8. 8. Marie 1689.103 1.0.364 1,185,446 976,89 477.811 55.000 719.104 719.104
Pittsburgh and Lake Erie .............. 5.192031 7 .119 4.0072 5.979.857 2.497.968 3.643.815 1.727.300 2590.950 northern Pacific.................... 7.584.007 13.638.350 2.980,905 5.910,813 1,675.000 2.517o000
Pittsburg & Shawut ................... 270,166 365,917 174.517 265.655 92,300 216185 Spokane International ............... 32.071 127.960 92 46.413 39.900 71.160 71160
Pittsburgh & West Virginia ............ 938.579 1,453,815 501.393 1,108,111 494,828 691,484 Spokane. Portland and Seattle ....... 2.052,o02 1.719.392 266.777 d 680.172 -
abash ................................ 4,628,310 9.145.979 3.00 45 7.852.073 1,685,700 4.896,995 598,186 598,186 Wisconsin Central ** .............. 802478 2.961,642 35.719 1.498,918 45.000 710,000--
Central Eastern Begion Total ........ 1,440,535 126.423.014 22.066.257 60,725.094 32,475,035 49,808,998 18.109.813 19,653.917
Central Western eion Total ...... 103.762.180 166.173,801 93,188,957 114.418.259 60,219,782 97.729,022 69,272,088 66.937.338
Akron. Canton & Youngstown ............ 398.170 849,853 233,032 679.546 140,386 414,996 134,581 149,845
Baltimore and Ohio ................... 23.915.750 33,465,728 7.506,157 16511.252 7,558.811 8,163.422 -- Atchison, Topeka and Santa Fe o/ .... 38,097,798 50,08,9000 34.010,047 145763.787 21.309,708 29,559,033 18.880,210 18,880,21
Beesseer and Lake E rie ................ 4,o61,839 6.,5.221 3.358.080 5,557.5 2,323.471 3.819.56 Chicago, Burlington 8& nincy ....... .43.291 24,208.606 8.1144,99 20,6214.288 6,014.328 15,213.683 5,125.161 5.125.161
Central B. B. Co. of New Jeraey* ..... d 3.471.941 d 24 120 d 2.907.586 d 11.230932 1.800 1,800 Chicago, Bock Island and Pacific .... 14.347.712 16.258.505 12.494677 14,246.487 7.844,000 9.358,000 5.15.222 4,759.197
Central B. R. Co. of Pennsylvania ..... 6.272,202 7.8 83185 3.437.520 4.257.357 6892 5.793 915050 Colorado and Southrn ............... 63.415 528,105 375.608 237,153 327.916 386.,26
Chicago & Eastern Illinois ............ 735.43 1518.380 289.513 725.945 d 15.882 3s.600 383.751 383.751 Colorado 6 Wyoming .................. 335.621 521.634 345.942 470.370 208.238 194.867 55.000 110,000
Chicago & Illinois Midland ............ 867,638 1,650.1 551.266 1342.39 340,196 866,872 Denver and io Orand Western ....... 5.935.750 9157296 2,772,091 5,394,951 1,466,200 1836.900 2,329,919 2.329.919
Chicago, Indianapolis and Louisville 633.727 1,388568 29.812 82.561 ort Worth and Denver City.......... 1435.653 1.589.165 624.990 771.558 481,697 617.725 -
Detroit, Toledo and Ironton ........... 2.170.159 2,527,294 1,93316 2 22 1,05,500 1,176,923 490.658 490.664 Northwestern Pacific ................d 1462 420,821 7,141 424370 -
.or thweetern ..... .. 4.s9..4, 01:32 dl1S, 7
Elgin, Joliet and eastern ............. 5,082.293 5896,887 4,89,601 5,693. 7 3,265,167 3,816.988 Sacramento Northern ................. d 177.959 d 72699 d 791.297 d 92.175 -- -
Illinois Terminal ..................... 963,412 1,474.56 545.944 1.060.35 41.153 736.100 300,o00 270,000 Southern Pacific .................... 20.36.238 29196, 6,28 5. 7 81423,672 .13,221,763 14.147,861 1 ,480
Long Island"* ......................... d 2,243.49 d 2.086.253 d 3,770.018 d 3.424.253 Southern Pacific Transp. System .. 29,651.550 39.957.64 21,938,294 31414606 12,962,284 18.753.193 11447,861 12.261,480
Missour-Illinoisf .................... Toledo, Poria Western............ 506938 463,158 474,120 22,789 290,589 259,935 60,000
Pennsylvania .......................... 28,384.965 46,364631 d1. 63 20,441,156 8.815, 18,2114,56 9,875,6 13,167.754 Union Pacific ....................... 8.395.005 30.222.797 28.788,710 48.914.908 13.900,000 25,615.146 20,653.519 20,653.549
Pennsylvania-Reading Seashore Lines ... d 3.357.583 d 1.99.55 d 56433 a 26.105 275,672 275.726 Utah... ......................... d 239.933 4 1029 253.337 217.801 -
eading ............................... 6.78.818 o 820 4.23,803 7,80,988 2617,869 4,778.154 4,197218 3,847490 Wetern Pacific ..................... ,689113 3,994,353 2159158 2,68990 d 46.566 1.65.144 2.205.166 2.817.822
Staten Island Bapid Transit ....... d 8377 d 398.041 d 822.456 d 00,4 -
Western Maryland ........................ 5. .14442 6691.656 3.383.592 4.783.587 2.730,000 3,013.000 Southwestern region Total ......... 49.786,072 60.317.657 32.201.408 43,109,681 20,604.483 29.143.846 10.862,257 8.043.948
Wheeling and Lake ri ................ 5.233.327 6.925.693 4.791.49 6,839.843 2.943,000 4.137.000 1.812.739 1.344.413
Beauont, Sour Lake a Western"* ..... 991.805 1353,325 976.484 1333.195 74.189 49495- -
Southern District Total ............. 121,590,381 177.697.130 77.512586 132.796.932 51373.533 83.607.375 51.796.832 51093.914 Burlington-ock sland............... 1465.16 506,09 d 360,394 d 330.91 -
International-Great Northern" ...... 18,836 1,683,382 d 1,231 d 15
Pocahontae region Total .............. 47.341.473 72,990,914 36,665,045 60,665.131 21,462,260 38.197.082 35.537.414 35.523.288 ranean City Southern ................. 6.773.976 7.525.515 5.1.481 6255.74 3.115.000 3,875.000 2.158,797 630,000
Xaneas, Oklahoma a Oult ............. 651.764 770.453 537.731 678346 472,170 601,659 265.785 265.785
Atlantic and Danville ................. d d 5 964 Louisiana & Arkansas ................ 2,383.480 2.724.993 1,923.559 2,480o.85 1.259.500 1.879.921 150.000
Chesapeake and Ohio .............. 24503.47 34,942.081 15.6 431 24,083258 10,840,000 16.493.601 18,106.568 18,092,142 Midland Valley ...................... 108,939 151045 32.083 34.274 21,518 79.098 -
Norfolk and Western ................... 17,74. 29,311.063 17.25998 29,068,151 8.575,000 17,100.000 13,098.151 13.09,151 Missouri-anas-Tas.................. 5.138903 6.603.766 3,013.950 4.468,388 2,231,000 2,908,000
Bichmond, Tredericktburg and Potomac .. 532690 2,087,0 596685 2,152.787 414,378 1,299,.41 310,032 310.032 New Orleans, Texas Mexico** ....... 2,287,905 1,597.989 330,711 d 6.27 4d .277 133.755
Virginian ........................... 5,087,147 6,649.14 3.169. 95 5.3s0.935 1,632,882 3.303,640 14,022,663 4,022,663 Oklahoma ity-Ada-Ato ............. 73.111 100,937 53.567 69,214 56395 94.506
St. Louis. Brownville and Mexico** 1354,966 3,611,384 872,245 3075.231 635.221 1069.897
Southern region Total ............... 74,248908 10o4,706.216 40,847,541 72,131,801 29,911,273 45.1410.293 16,259,118 15.570.626 St. Louis-San Francisco ............. 6,519,123 8,056,493 2.910.852 4,813,574 1.959.200 3.151.550 4,334,142 3.092.985
St. Louis, San Francisco and Texas .. 262,427 355.285 253.122 317,421 130,848 239.000
Alabama Great Southern ................ 1,123,757 1,992,865 1505,370 2,328,119 737,000 1,290.000 896,828 896.828 St. Louis Soutbhwetern .............. 6,621,855 ,8507,840 5,477.827 7t0,845 4,175,629 5.473,723 1.853,240 1,853.665
Atlanta & Saint Andrews Bay ........... 213,604 348.433 187.513 335.758 117,056 204,976 36.000 O.o000 San Antonio, Uralde at *ul* ........ d 341.614 i233d d d496602 71152 -
Atlanta and Wet Point ................ 8.769 151.597 46,595 186,252 30,694 110.099 12.318 49.272 Texas and New Orleans ............... 9.290,592 10.760,68 7,271.4 8.597.702 4.538.357 5.531.43 -
Atlantic Coast Line ................... 4,192.690 4,779.726 14,849,341 6.791.755 2,100.000 2.650,000 2,478,051 2.47S.051 Texas and Northern .................. 181.324 183,906 112,700 198,780 -
Central of Georgia .................... 180,011 1,2.3o40 535.2 949,702 82,942 Texa e and Pacific ................... 457.365 6.323.232 3.577.773 4.907,095 1.275.033 3.287,812 2.051.513 2,051.513
Charleston & Western Carolina ......... 46.199 336.34 d 14 13.7424113 40.000 Teas Mexican ............... 36.8999 276.859 292,700 501,465 190,000 320000 -
Cincinnati, New Orlean & Texas Pacific 4.757.708 6,219,662 499 14,913.614 2.450,000 3,500000 1,886,002 1,886,002 Missouri-Paciftc ................. -


* Report of receiver or receivers.
* Report of trustee or trustee.
d Deficit or other reverse item.
S Missouri-Illinois and Missouri-Pacific reports not filed due to strike effective 9/9/49.


b Formerly included in report of Minneapolis, St. Paul & Sault Ste. Marie.
" Includes Atchison. Topeka & Santa Fe Ry., Gulf, Colorado & Santa Te By., and Panhandle 4 Santa e BRy.
" Data not included in total*. Includes Southern Pacific Company, Texa and New Orleans R.R. Co., and leased line.
U. S GOVERNMENT PRINTING OFFICE: 1949 0- 850193





re i fLe..


3 '? /o


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

Compiled from 128 reports (Form IBS) reprinting 132 steam railway #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of October For the ten months of or the month of October For the ten months of For the month of Ootober For the ten months of
19*9 19 31949 1948 1949 1948 1949 1948 1949 1948 1949 1948
Net railway operating income....----.....-.. ............... 46878473 $108 358 348 $27627 286 $831238463 6570052 39 570 540 666028 307 285244872 d 973244 79797326 $43609 031 t2 78824C
2. Other income........ -- ........... 17529984 17751403 26885 200 176369877 8074070 8256643 75833095 81444585 405 23 24 2 95 5043313 7184334
3. Total income--........... ... ...... 64408457 126109751 696479466L00760834C 14644122 41827183 24-0,Q 1402 3666,69457 4d327209 10621721 48652344 69972574
4. Miscellaneous deductions froincome --... ----- 2 706615 4 656459 29658665 5397344S 1099 37 535437 76.63280 16228938 149667 1603915 3668088 10493851
5. Income available for'iied charges----.........---- 61701842 121453292 666820 821 2953 5c34 891 13544745 47291746 234198122 350460519 dS47687, 9017806 44984256 79478723
6. Fixed charges:
6-01. Rentfor leased rpadand equipment...........10981191 10703626 10044196 109964026 6808541 7128.083 69048264 71143983 13100 13812 144659 147200
6-02. Interest deductions1/.....------..... 23484680 23765783 233680913 228627863 10537696 11260946 106604265 106764327 1292700 1115594 12870704 10752872
6-03. Other deductions ...........................------- 273 593 184 548 2051076 1534 85 107 372 65625 691352 465564 9 099 9814 95624 34934
6-04. Total fixed charges........... ....... 34739464 34 653957 536173950 34012674 17453609 18448654 176343881 178373874 1314899 1139220 13110987 10935006
7. Income after fixed charges -...........-.........2962 378 86799335 3C 646 871 613508143 d 908 64 28 84309 57854241 172086 645 4 791 775 7 878 86 31 873269 68543717
8. Other Deductin.............................................................. 3369937 3144520 31826 99 3 172 1 5216 1374987 13274920 13403052 -
9. Net income............ 2 ............. 23592441 83655015 298819942 581690894 a 5431025 27468105 44579321 158 63 59 d 4791775 7878 58 31873269 68543717
10. Depreciation (Way and structures and quipmnt)......... 34064427 31 49448 33092964 30346174C 13764 b47 13031 89 134237400 12552981 238 335 2392468 24 893 270 22 693 753
1. mortiation of deene proje --.......................-- 1360623 51379 92 13 567166 1389976 467203 467 1 4626 507 628a86 72603 69588 727865 '0370
12. Federal inoome taxes ... .........2179133 50454567 220179314 367313452 1942884 12 141913 51669536 99656019 d019420 5390830 1! 442 840 43 b67912
13. Dividend appropriations:
13-01. On common stock.......... .................... 5240956 13092354 133590157 13794552 1615050 1005000 21734078 23575082 862 822 32902208 38750030
1302. On preferred stook ..... .........-... ......... 4371855 9923451 50047082 52134672 299261 29891 7036 503 8119869 219816 392895 2855022 3028975
Ratio of income to fixed charges (Item 5+6-04) .... 1.78 3.50 1.98 2.80 .78 2.56 1.33 1.96 7.92 3.43 7.27

SOUTHERN REGION WESTERN DISTRICT
nILLIOS NET INGOME-ALL CLASS I RAILWAYS muLrLuos
Income Items OF eOLLARIS OF OOLLARS
Income Items Fo the month of Ootober For the ten months of For the month of Ootober For the ten months o01 I00 I
1949 1948 1939 1946 1949 19 4 1949 1948
1. Net railway operating income.................-........ .....-7 819 4 0 811083062 182 068 38 15 78927 7 7 36221 433 47 907 420 $235 92161 0 34 7416 074 l
2. Other income---............. ---...............---------------- 1454 46 1978396 13600716 15795728 759615 6691 9 6 74375076 71 94523 80 --
3. Total income----............. -----..................- -- 9 273 976 13 061 458 95669054 131585005 43 817 568 54 599 389 310296686 419 361 304
4. Miscellaneous deductions from income.................----- 129 712 525 352 2662 537 5332991 1 327 8 59 1 991 775 15 664 760 21 91766S
5. Income available for fixed charges ............ 9144264 12536 12 93006517 126252014 42489709 52607614 294631926 3974436355
6. Fixed charges:----I -
6-01. Rent for leased roads and equipment ..... 765798 819485 7997474 8648573 3393752 2740246 23251564 30024270
6-02. Interest deductions /................. 3715 14 3 554 396 3632 797 345 75436 7939160 7 834 847 77883147 76535228
6-03. Other deductions....................... 27 792 25 872 278 514 250284 129 330 83 237 985 586 784 077
6-04. Total fixed charges----...... .--- ..... 4 508 714 4 399 753 44 598785 43474293 11462242 10 666 330 102120 297 107343575
7. Income after fixed charges---.....-- .. 4635 550 8136373 48407732 82777721 31027467 41941284 192511629 290100060 40 ~ \ ~ _--- ---
8. Other Deductions.......... ................................................................25669 276995 3250330 786542 1 22.087 1 4 2338 15301679 15627655
9. Net income-.............. .. ...................................................... 4 309 61 7 859378 45 1 7 40 79991179 9 05380 40 448946 177209 950 274472405
10. Depreciation (Way and structures and Equipment)... 4703843 4 208 880 45416754 41042625 13057 702 11861511 125845540 113 995 981
11. Amortiationoof defense projects.. .........--- 211152 211989 2125369 2119188 609665 630701 6087425 6448783 O
12. Federal income taxes---.......-----..... ----.- .-- 3666398 5396997 33577671 508Q7290 18789271 27524827 116489267 173262231
13. Dividend appropriations:
13-01. On common stook..... ................ ....... 210928 3617432 15753879 15531949 414978 2607100 63199992 60088459
13-02. On preferred stook........ ........................... 760223 760 223 4476690 4416332 3092 555 8 471 420 35 67 86 7 36569496 0 4
Ratio of income to fixed charges (Item 5+6-04).... 2.03 2.85 2.09 2.90 3.71 4.93 2.89 3.70 1r 9 ONDI47 I194J J* J

UNITED STATES UNITED STATES
Seleoted Expenditure and Asset Items Seleoted Liablity Items AMIUSL S OF MET IN OM1-AUL. CASS I MILVAI
Balance at the end of Ootober Balance at the end ol Ootbber
1949 1948 j99 1948
Reports showing Reports showing
17. Expenditures (grosse for additions and betterments- I. Funded debt maturing within 6 months f/........................ 117,905,188 $151,710,341 Perio sRe Inoome Net Defioit
Road ..........................-....... .............. ... -----265,472.708 268,576,761
18. Expenditures (gross) for additions and betterment- 41. Loans and bills payable :V..................... ..~ ......... 8,780,755 3,000,000 ______mbe Amount Number Amount
Equipment ...........-. ............................-- --. ---.. .... 81581, 5 699,614,780 42. Traffic and oar-service balances--Cr........ 0........... .. 8,8,300
19. Investments in stocks, bonds, etc., other than those 4 Audited accounts and wages payable.....-......... 422,2O,120 ,a, ,595 Otober 1949 82 ,98 42 19,057455
of affiliated comaies (Total, Account 707) .......... 5676 Miscellaneous accounts payable............ 217.099b15 26~00 ,170 October 1948 102 8281,2 20 2,62,31
20. Other unadjusted debit ................................. .. ........ 5 ,091 ,91 Interest matured unpaid..................... .......... ...300,59 1 3;2 26 ,20 10 ontthe 194 95 38.295.839 29 39,75,897
1. ,Ca ...... 76 Dividends matured unpaid2.....-..- --.............1....... 60 10 months 194 101 613,125,959 21 31,435,065
21. Cash.----.......-- ..........--- ...--- -............. 768 6,?71 g 47. Unmatured interest aoprue&.... .......................... -78,037-44 75.718,917
22. Temporary cash investments....................... 77, S,17 mAred M.n Unmatured dividends cleared ..................... ... .. 3 5 35........3 ,5
. Special deposits..............-- .........................103282,206 6 49. A ed a ...... .... o...... .6 ; 18; 534, 340. 3,8,
2. Loans and blls receivable............................... 7 1, 7 50. Taxes accrued.............. .......2 ....................... 37 3 ludes reports of roads whose net iaooe
Traffic and car-service balances-Or conductor r 12.............21,709 51. Other current liabilities. 81,078,312 95,11.774 (or delesit) was absorbed by the controlling company.
S Net.balancereceivable rrvifromagentsand conductors .... 122,621:70295 104131700, 51. Other current liabilities ............................. ,0, 95,11,77< o .lo.t) b.d b t.e .ont.olling oo
2&. Materials and supplies ceivab-----------e ........................7 1 A 7, $12,21,06
27. isler ou1 acd sp receivables .... ....................2 ,17: 71,06S 6 5. Total current liabilities (items I to 5......... 1,787,678884 2,142,539,bl6 Period umber Fxoludd
29. Interest and dividends receivable...-... ... -7 ,21779 53. Analysis of taxes accrued: October 19494
30. Accrued accounts receivable...... .............. .. ......... 5 53-01. U. S. Government taxes............ ................ ......521,514,868 ,003,491 Otober 4
31. Other current assets....... ........................................................ 4 53-02. Other than U. S. Government taxes .............. 158,217,296 148,733,882 10 months 194 4
2. Total current assets (items 21 to ) ............. 3,039,515,287 3,699,260,644 54. Other unadjusted credits.......................................... ... 272, ,o4o 293 a 71,577 10 months 8 4


a Decrease, defioit or other reverse Item.
V Represents ocoruae, inCludIng the M ount in default.
Excludes Missouri & Arkansas i. Co. Road not Ia operation. Also exoludes Missouri Pacifio,
whose report was not filed due to strike effective 9/9/49.


/ Include payent of prinolpal of long-tore debt (other than
long-term debt In default) hioh becomedue within zix month$
after lose of month of report.
/ Includes obligations which ature not more than one year after
date of issue.


UNIVERSITY OF FLORIDA

S11111111 il 111111111 1111111l 11111111111111 INTERSTATE COM ERCE, COMMISSION
3 1262 08851 3329 BUREAU OP TRANSPORT CONOMlCS AND STATIrlICS


Subject to revision


Statemm t No. M-12
OCTOBER 1949







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT BONOMICS AND STATISTICS

SELECTED INCOME IEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TEN16 ENDED WITa HOTOBDR 1949 AND 19418


Pae 2


rTe AILWAn OmPrPTING M CM raIn caL mniAL DIVISM SU RILWAY OPERATING 1N0 m I IonDIVID
RaMaiAm AM!PPROIfATIGHCS :34 !A APPP 20IANICNS
BReg.o asin ratlway0n ___ __ Rlegion and railw a_____
949 194g 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948 1949 1948

Unid 8t* Total. ................. $527.627.286 631.238.,631 29.819,.942 581,690.894 $220.179.314 4367.313.4521 $13,637.239 $190,0g0.192 Southern tgion Continued
t .oa2.,o 285.24T4.872 544,579.321 15683.593 51,669.536 99.656,019 28.770,581 31694.951 linchfil ...................... 3.626.903 5.84.94 541 6 4195
Esolubut e..d areei.ll ............,6. 6 129,.6s39 35,35 41.062 85667 33,352 $17.238 $,17 .238
s .i, n-d.and tw ........... 12.086.634 19,168.134 1.7 ,.s69 ,8424,818 3,664, 176 7.17,798 220.521a 25 ,423 oribda sst oa ...... 4...9...7 d 2.1944 1.10 ,311
Baor Ar ootook .................. 1.651.029 92.665 1,183.801 .7 29 704.139 1.148.729 143,550 14,550 eorgia a. orLe ................ 290. ,11 1 '10 07, -;
oseto a Me ...................... 030.621 6,167,773 967,142 3.316.338 658.137 2.433,520 eorgia &outherm and Forid ........35b 3 5 15011 139074 190.00 107.000
One asn st na itU9 il I nr lad .1.97 4 .0 1..36 99 1 .2712 -- ulf, Mobile an to ................ 5.85920 7.779.773 3.383,3.9 5.299.5 2. 06,000 3.3,57,000o 1.7,191 1.47.191
Canadian Palin. Lines in l .e lO llinois Central .................. 19,T5294. 24.1439.052 1236.004 17,1016.95 8,113,000 10.8.000 lu8s,718 ,118.71
CTanadian Pacific L es in ormront .. 19353 4 1.0 .- Loui vlle. d.uath llo.............. 1,95.766 17.6o.oo6 6.67.6 15.326.937 4.900.730 148,236.800 236,00
Central Vermont .................. ...... 2tff 1.6510.69 6 3 ,67.365 6187 ississipi Central .................. .116,335 263.325 72.8141 19i.2 6.906 132.5W48 60.358
Maine S eta......... 855.471 2.040 1.07. 921:556 726:18 76.971 74.73 Nashville.. hattamn.t S. Louis 96. 2. 1,.5.722 1.354,620 9.. 939.277 511966 767.947
e Contra, ... 4 ................... M2.3%27 51
ew York onnecting .. .... 6048 498.70 056 Nw Orleans and Northastern ....... 49.545 2,238.248 1342.901 2.033.791 927.000 1 OOO ,
w York, ow aven and Harotford .7.19 6 9. 566 7 4.1 233 1.31979 2802.176 orfolk Southern................................. 412 0.60 323.136 603.0 271932 7.644 250631 13276
utlanu* ................... 786 Saboar r Lin................. 8,785, 270 11.412,690 6,01.203 78.5 3.170,000 000 1,600000oo 50o.oo000
southern ............................. 16,6:281, 027 o24 007,09 537,: 2 15.20, 3 52 0,1:oo .0 750,000 1.074,550
Great Lake. region ote. ............ 70,267.520 116,442,663 24.970.772 73.170.754 .16.653,600 36.219.340 9,245,286 11,.42,700 ennesee Central ................... 291 890 67.386 65 i913,09 a ,. oo -.
A Ar bor ............................. 364. 207 S 4,600 223,~50 663.z401 141,17 1414.0o40 -.
Ombr ia nd Indi n ................... 3795 526,639 373.85 52 6 23: 1 516.777 1so,oo Ioo vstraitrict- Totir.......... .......235.921610 347.41,074 177.209,950 274,472.405 116,489.267 173.262.231 98.878.859 96.657.955
DelawareI d Hudson ....................3. 1,665 6.237,16 1,73.7 .M4,81, TOoo 3.031,000o-oo
Delawarslaed"on .. d Wetern......... 5:5166 9,17 7 1:07053, 4,g,9 24 0 422,,206 U229 6,206 North6wstera ,io Total ......... ,54696,764 4 8g.95.491 28.191.591 58.874.371 19.906,281 27.130,907 18.383.186 19.176,669
Detroit and Mackin.o .................. 351.186 496.955 289.285 20, 6 166.60 2".5 -
Detroit a oldo short Line ......... 736.642 95.319 660,192 818.650 416.551 505.325 200,000 200.000 Ohico and north Western........... 296.317 8.579.351 2.968.9 5.8143512 2.930,000 2.286.318
Erie .................................. 8178550 1670935 30716 .,917 1,643,162 7.0,603 32 907 3.244,907 Chiago Great Western ............... 2,023,685 38.0 9 1 9 2,507,.41 434,. 1379

xononbhe l ........................... ..69.937 1.309.13 91.373 6.1 .- ulth, Win ig md a4io i........ 152191 -
MonSour............................... 592,282 710.0 .199 707-959 ,225 3 8,077 e Oat orthlo p...................... 0 10 24,3540,909 1 3.31.955 150.318 2.385 3 4., 4.6.9670 ..9
* Toak Ceontra .. .................... 10,026,8 30.06.5 1.749 13,15 195 1.95, 1,7.416 10 1.2 ee eioa & ent .........1....... 367.32 1.275,7248 75,97 151 125,000 1 22


New York, chioao and st. Louis 9,635,91 13,875,7 9,1,142 12.65,029 4,279.000 7,3,500 1,622,7 2,704.241 Lake Superior 6 Ishpaing ........... 763.460 795377 79.214 86,747 o400,100 506,800 160,750 211,200
Mottnonl h le .. ir.in. a ............. 9. ,71 0,95,72 12, os 7 2o o d ao 7.883, 4,580 12) 1.30.1210.23. 927

v1e7la ................................ 50 0.9:6 1 :6,o. ,:.14 ::2,06 ,s6o, 11.o 27,4 1s,- 6 too eP 7- ... ........ 3, 41 95,oo 15 -
e York Ontaio tr ... ........ .. 1 2 Mier olies a t.on o.i............. 1.015.4 47 109. 1.,516 785.800 1, 6 5 .6 125
Bt.i3ora .hr S1,05, oe... ...a........ 3 1 3 ................. 355,3 6 2 33 72
ittb.st. A a t.. l............ .291, o489 75410 185.147 264,306 92300 186 a, a late antl aon.l ................. ..563 150,1490 8, 6.148 1 58.500 71.160 71.160
Pnit ort, Ontato niad .o. .7.1. .3 ...1*1 8S., d9209 1.254063 488 783.06 on p or a oa t ......... ... 1, 3.44 1.783 : 7 45.s0 d86 5.005 -. -0_ _
Pitrtsbu rghend La keErieo ........... 4T.3 9a6.6 210O.70 6.9137 2.3 13 4 .67 59 ,36. 1'727.330 2590.950 lorte cic ...........0 .. o a "t .............9.... 35.5:, 16. 3 2 3.933 760 24 50o. 3. 95
.Pittnsbr e San sr ............. 0, 1 .7,. .o, %:,U0.o.1 4T 9 0 l 8ooeno k Itraonal ...................%3 1560 d1. 5. .o 1.o Ti., i
..i......sa0 Po-so rtla ndandS. eatte.......... i2098 1o.83,g, ,s,,957, ,26
Pittso urgh&Wesa X7o.37,o o .oeIo,. o9 4 ?'2 ............ ',- 5, .o.....oo, 429 305.000 :h9505 d
Wab ............... ...: ........ 575:47 11:1.:276 4,091 438 9. 5 80 5 598.186 Wsooi. .t .............. 1......8 39.8 7r.7 3
0Central lusted saTion Total ........ 83.674,153 1149,614,075 17.819,681 77.0g8,021 31.351.760 56,257.881 19 ,304.,7714 19.933.828
llaW -ntr Wtern Ration................ .ot.l72 .7...... 1 7. 189,7141.063 11.450,14 166231,289 72,555001112,442941669,43733
Akron, Canton & Youngstown............ .7426.015 95541 243.702 766589 146, 468.12 1.4.581 149,81 45
tlati orn and Oio .................... .23.g80207 3 4 5.39166 19 2 6.56,76. 9.098022 5. te d Ita F / ... 467. 57 139.005 3,46396 521.46.269 12.379 3.772.,907 18.880 21 18.80.10
Roeear and Lake Eri................. 3.867.91 687, 3085,182 090 241, 4,135,747 Ohi., Burlington .......... 4.390153 27 ,857 1069,868 23.560.560 7862.128 17.392.552 5.5. 5125161
Central B. Oo. of New J.rs..y .... 1 10 32.661 24010 d113374 2,000 2000 OhiegO l3ook Isa3nd a ..oil. c .... 16.339.288 17.979.185 .25707 15.4,0 8.925000 10.346,000 5815222 759197
Central R. t. o. o0 fPnnWlvai .... 7 a W 39b 7,657 6,558 1,830,100 Color nao ad Southern ............... 707,23 6455 Z 408 517 427,4 363,038 451,151
Ohicago &ate llino7i ....b....... 15742 5 ,82 469.100 33,751 383.751 Colorado A Wyoming ................... 3351422 56434 3147.24 ,505.671 209,938 216467 llo.o 1 0.01,000
Chicao I .......... ... llin1 Midland 746.103 126,9 9791 ;.6. 1.0197 1 t ted at r i ....... 7,.0.44 1,-o,3 2 Dn s an T rane ten9 .. 729,9196 132991o9
Chicago, Indianapolis and Louisville 910 799 49 238 4,2 S. t Wor th and Denver City ........... 366 T 19,671839.55 765,8 929,600 67,995 M2.? -5
Detroit, oled ad Iriiton .............. 2, 2 2 2428 1, 1.36715 40.658 4.664 Northwesrn Pacific............. 515 -
Atl8n, olit ned Letr .................. ,123 6.5 1 4 705610 6, ,10 2,r.heana s .................028 4.1.205 Sacrament6o Northern90..............
Illinois r eral ..................... 1.6,. 19,6976 624,41 1, ,553 86,900 300.000 270000 S southern P acifi .................. 9 1.219.130 15083141 1447,861 12,261.4
Long Islande*...........................2 44411 14d24&2 40d.250.131 d. BDIS--3outhe791 Pcific s397 2 0 1514 14,1786112.
hisaurt lllioa is ..................... 754.23 1 P, 2 9 g352 7 537000 ol0do, Peoria Vsnto .............. 568.028 556.149 532.336 5.4,200 326.271 327,814 60.000 2.500,000







, -a.nts eO..-..la & ans Paciti... 228., 57 2 ,.5 5. 5 4 ,.3.25 72, 3,85,, 1.9,225. ..o n.........................*36o. -
Reading ........................... ._5 ..53 2.954; 1 5.2.7 29.g 13.l67.754 VioW n Paific ....................... 12.5157, 56.090.1,3 0 31 30 29,631.52 20,653.54 20.6-539.59
States Island Rapid Transit 4.47.129 412744.aaI t. ............. 144 2 -
Western Mland .. ........... 2707000 424,000 Southwestern ion otal ......... 57.157,754 68.77900 37.56,21 49.366745 2427.93336496 10.6257 8.043.94
..0f ,.- .2,..,., .............707.. 4&4,. ,. 10. 9.o&.. 2.5.
WheelingndLake Irle ................ 256.164 7.63.7 4.77154 7.722,542 2939.000 .639.oo00o 1.812.739 L.34,1413
Beaumont, Sour Lake & Westerm....... 1.047,g5 1,1466, 1,031.43 1,4 5.31 772.119 %3.,4g5
southern District ot ............. 5 369 198.577.51 7.03.671 ls, VA,896 52. 020i511 94395.202 55.987,799 61,727,26 rligton-Rock Island ................5 992,51W. 531 d 3.
Internation97- l-Gt ortherm0.. ........ 1.79,693 2v009.1- I d.7-O%- -
PocahontasNio- ...otal.......... 43,60, 1 82,788.240 31.7369 68.53,77 18442.8 43,587,912 5,75.230 41s7905 Ieatonaeat .. ............. ,3 2, 7 S 265785,
Atlntic m a O, vill* ........... .27 Loi ian A ArI ka nss.. ................ 697.3 27 3.,014 2 2;5. 15.300 2090.1 2150,000
3tlanti....nv ,s9,5 ,oo 1: : I 2,090367 7 94:5
Chesapeanke and Chia ::328 1 15.789 .27 5. 7217:.155.795 9,030,000 18.833,201 1, 0.2 21948 Midl Valley. .............1 .2D5 ,710 1414 614 21. 247 9.,3.14 3 9 8
Norfolk Strn ............... 16.311,17 3,719, 1,64 3.09 86.000 19,5,000 130 g.331,,053 13,31 8t.5 ioui-ar t eas .... ... 3.7,1.log 7.557170 3.853,3 5,311.952 2,97.0 ,,329
Richmond. Fredrinksburg a d Pote1 ..2 665.9 2356 2.14 8 134785 1399,8k14 3 310.02 MissouriPoSo e ............... .. 8
................... 8 7 4.413,071 4.117,7 5,665.100& 6.8%,?417 10, 2.5028.9b 3.03,779.8 0 14,02:2 3 01.74,022, x3 I Orlens, ..a .a oTa2........ 1457,35 1,6714 21716 43,51 9 4 133,755 6
a, hona Olt73,s2ok. .7 2902 109.030
SouthernRaion..oti ............... 145,157.402 79.991.179 33.577671 50,807.290 20,230.569 1991,2 ................... 31on.l sd -...................1iog4 3 ,, 0 31. 986.575 3301,2 6,221 137
St:. Louis-Sen Fra.ciso.......... .8077,1 9701269 4,103,111. 5,55.6834. 2.7.200 3.71541334142 32.0.92,95
?Alabama Grat Southern 1..p ..27.9 2.171.930 1.642, 91 2,486,205 81,000 d1,405,000 896.828 896.828 St. L at. SaLo ..e.nci.o ad ea 37.. 37,613 61L29 7 2854 3 257.0 320.06
3tlanta1393,350 253,420 374,3426 1514,785 228,144 36 30,000 st. ui Southwestrn............ 7,938,3 996253 6.6 330 5. 14.86 153240 1853665
Atlanta sad 9t Point......... ...... 41,265 120,698 214,66 98.go Sen Antonio, UvaldeA Gulf** .........7.59
Central of Georgia......................319,877 1,619,607 d 488.35 1,089.092 82,942 -T Ceas and Northern................... 1911 119,200 198,
Cha ton &olln 67a9 3255 d 55.000 T nd Pacific ................... 5.317,458 7.132.2 3. 420 1.75.033 3,796,812 2.051513 2,051,513
Oincinnati, New Orleans a eas Pacific 5.228,592 6,82,555 3.54I". 5.3814253 2,725,000 3.855.000 1.896,225 1,896.225 Tex" ezicA......................... 379.935 291.297 214148 565,3 25.00 350,000 -


* Report of receiver or receivers.
e* Report of trustee or trustees.
d Deficit or other reverse ite.
S Nissour-Pacific reports not filed due to strike effective 9/9/49.


b Formrly included in report of Minneapolis, St. Paul & Smlt Ite. Mar*e.
S Includes Atchison, toplka & Santa Fe ., Gulf, Colorado & Santa Fe y., and Panhandle A Santa e B Fy.
/ Data not included in totals. Inclues Southern Pacific Oompanuy, Teza and New Orleans RB.. Co., and leased lines.
U. S GOVEZNMNT PRINTING OFFICE: 1950 0 850193








Subject to region


UNIVERSITY OF FLORIDA

IIII I IIlIIIIIIIH IIIIIH I |||| || | I II 11111 |I 1 T Q C 7 N
3 1262 08851 3337i INTERSTATE C OMp RC COMA MISSION
'UREAU OF TC 1UT3 OMICS AND TATWud1C


27Feb 50


Statement No. M-12
NOVEMBER 1949.


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

Compiled from 129 e (Form I98) epsentlns 133 ateu reyware
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


.UNITED STATES EASTERN DISTRICT POCAHONTAS-REGION
Income l tess e Frhe nlat of November Por the leven months of oro thre Ft of November pr r th eleve months at or the of eln month of

_0__ _0_ _________ _______ ,.9 19 148 1959 19148 19414.. 19148 ia 19548 1949 19" 8 1989 1948

1. Nt rail y operating income ..................:........................ 75 8 150 84 067 642 1 04 937708 4 2 54 8 2 8 46 6 188 4418 9 31 4 91 474 443 586 6 816 6 4905 617 89 76987
Q.th ~rt .- ............... .............. .. ....O....4... ....... _.. 2- 1;4 880, 172S3 19S I i Sao 8ao 1 o8 27 7 1 8 93 53 99l 4 5 7 r66 $ 948 39 3 549 02 7 894 7690
2 917549801 .0 772*3 193910 44 19997069 1148806 11 0851588'a7 7159-4 5 -928529945 797,66 04399 564079 8128387
3. Toti oo .........................9..........1 1048 48 6............08............137 9952 34255732 39331959 276 58134 406021419 6241152 7925629 54895411 978982
4. miscellaneous deductions from income........--...........3818 574 4 867907 3S 246 58 916i884 696 412 710053 835 98 2 16 938 993 1098613 1 597 775 4 766701 12 091.86
5. Income available for fixed charges......................... 93518357 99 966 958 775 110 24 L 078 682 63 33 539 120 38 621 906 2679'9822 e9082 426 142 539 6327854 50126710 85806577
6i1. Rent for leasedroadse andequipment................... 10570991 10466251 11111705 120535 072 :6624974 7106942 758753238 78250925 13357 14767 158016 161967
6-02. Interest deduction/...............................24975377 24 212661 272 89 48,7 26698044 01057582 10570965 117180094 117335 93 1434417 1135581 14305120 11888453
6-03. Other deductions.................... 228683 221504 2505663 177657S 76963 72566 768315 538131 9540 3433 105164 38367
6-04. Total fixed charges................. 35775051 34900416 386522207 38929208. 17477766 17750473 193821647 196124349 1457314 1153781 14568300 12088787
7. Inoom0dafter fixed oharges.................. 57,743306 65046542 388788035 68939055C 16061354 20871433 74176595 192958077 3685225 5174073 35558410 73717790
8 Other D.'eduotibd .... ............................................................. 3 18190 2949756 35145119 3476700 1478051 1316021 14752971 14719073
9. et inome...................................................................................... 54425116 62 116786 353642916 .654 6 354 14 8553303 1955 412 59423624 178239004 3685225 5174073 35558410 73717790
10. Depreciation (Wa and structures and quipment)......... 35130793 328 277112 373128886 342774455 13690497 13 045.835 148127898 1385752 16 2579796 2422 604 27473065 25316357
SAoration at denseprojects--..----..-...............-----... 1367669 1396566 15048573 15410283 467253 473474 5093759 5101560 73915 86813 801780 790522
12. ederalnome taxes...................................................30383515 41338248 25015829 4146510C 6077947 11371853 57500483 111027872 2150292 4289638 20593132 47877550
13. Dividend appropriations:
13..01. On common stock..................................... ....... 36223051 52961970 169813108 190907490 9298911 20666156 31032989 44241238 9 845381 10627169 42747589 49377199
13-02. On preferred stock ..................................... 5245742 68593158 55292824 b8987830 1134500 2838977 8171003 10958846 172051 3027073 3028975
Ratio of income to fixed charges (Item 5+6-04) .. 2.61 2.86 2.01 2.77 1.92 2.18 1.38 1.98 3.53 5.48 3.44 7.10


SOUTHERN REGION


WESTERN DISTRICT


Fow tie month of November for the eleven month of Tor the *onth Soveaber For the eleven monthe of


S 1949


1948


_____________________________ 4- 4 4 4 4 4 -4 .- I


1. Net railway operating income...........................
2. Other income..... ---............. ...................
3. Total income....-....................................------..-----
4. lMisellaneous deductions from incooe. ...............
5. Inoome available for fixed charges--....-....-....
6. Fixed charges:
6-01. Rent for leased toads and equipment................
6-02. Intseat deduction /........................
6-03. Other deduotions.-..--..... .................
6-04. Total fixed charges.......-.....................-
7. Income after tixed harges......... ............
8. Other Dedu ctions.. -........ ...... ............ ...............................
9. Net income....- ............ ...- .. ........................... ...
10: Depreciation (Wa and structures and Uuipdant).....
11. 4Iorl tiotam of defense projects................-....
12. federal income taxes....................................................
13. Dividend appropriations:
13-01. On comon stock.-.........-......-- .........-......
13o02. On preferred stook............... ........ ....
Ratio of income to fixed charges (IteA 5+6-04)...


Seleeted Expeniture at Asset Items


17. Expenditures' (gross for additions and bettereants-
18. Expenditures (gross for addtions and beterets-
ages tp~nt ............................. ......... ........ ::---.-.
19. Investments I Stooks b *iede, eto., other than thoe
it affiliated s ampa ies (Total, Account 707).......
20. Other unadj sted debit ........................... ......................


21. C -sh... ... A .......-. ................... .. .............
22. -Teporry h vestents.........................................
2. Spe-ial de t- ... --........--
2 Loans and 11s reeiTable....... ....................
25. .Traffic camn r-servioe 'balances-Dr..............
26. Net balano- receivable frop agents and condutors..
27. Miscellaneous accounts reoeivable.......................
28. Materials and supplies-.......... ...................
29. Interest man dividends reoeivable...........................
30. Accrued aooounits receivable......... ..................................
31. Other current, assets.-....... ................. ............ ..............
so. Total current assets (items 2 to 11).-............--


$93070 .876
14896407
107 967 283
3 208 4997
104 758 786
8 756 879
40007463
307 012
49071 354
556 87432
3 510512
52 116920
50154 486
2 337 604
38 454 288

18 259 220
4 757 340
2.13


SI26 606 768
17 049026
143 655 794
5 903 263
137 752 531
9442 459
38105 310
2780.45
47 825 %'14
69 926 717
305815 B
86 868 559
45 263 899
2 330 9T9
54 970061

18 031 356
4 696 982
2.88


36 781 124
S7 780694
i44 561 818
S1477 389
-43 084 429
2 973 255
9 280 465
.113 682
12 367 40.2
30 717 027
1 519 957
29197 070
13 922 768
614266
17 278 665

14 573 418
3 658 541
3.48


638 021 914
7 484 574
45 506 48
1 989 807
43 516 681
2 550 656
8 976 241
117 744
11 644 641
31 872 040
1 362 119
30 509 921
18 587 3 99
624 488
21 513 986
19 169 238
3 733 531
3.74


6284 387 360
85 059 300
369 446 660
17 220 156
352 226 504
26 328 924
101406810
1125172
128 860 906
223 365 598
.16 821636
206 543 962
1473573 437
6 815 430
1335767 932

77 773 310
39 337 408
2.73


14'07 852 706
82171 400
490 024 106
23 983 002
466 041104
32 679728
99 651384
922 032
133 255 138
332787966
16 989774
315798 192
133 618 983
7187222
200776 217

79 257697
40303027
:3.50


I I C C


UNITED STATES
alane st th end ofNMoember


Selected Ltabiity Items


UNITED STATES

BUlaneo at the eon of November


F I 1~ I


46. Funded debt maturing within 6 months /....... ....


iIJZi!i

~: ~
4f:~


1959.719,813


-MILLION NET INCOME- ALL CLASS r RAILWAYS .SILIONs
oF DOLLARS Or DOLLARs


so -- -- ----- -- o








0 0 g



S F A A J 0 0 J 1 A 0 0 J F F H 4A 0R
947 1946 1949


ANALIIS OF NEW INOMB-ALL. CIASS I RULAUI


aR rt showing Reports showlag
o Net Defiolt


Period


a ua a aeant


November 19.
Novabw 1
11 south$ 19
11 *onths 1948


Number 6 at


160 saI5l ,21
]L3

I.8


25 it,' os

20 :53F


Xu*sla l r of rooM Whose net inome
(or detiett) wm *beAo, by the controlling company.
Pto6 MNumber Exoluded

ANovebe 19 9 4

11 monte 19 4


1v- t melmiet payment of principal ot loq tera debt (other than
lon-terns debt in default) hioh be0oes due with six msonthe
after olose oft month of report.
y Includes obligations bhiob sture not more than one year afto r
date of Issee.


$153.829.804


II- I ll ----. ..---.


41. Loans and bills payable .....................
42..Traffic and car-servioe balances-Cr..
43. Audited accounts and wagqp able.. ... .
44. Misc ellanous aqcout pabLe ....... .
45. Interest matured .. .........
Di. vidends matured unpaid ... .... ............
47. Unmatured interest corn ...... ................
4. Unmatured dividends declared .... .. .. ...
'&. Accrued accounts payable ........
50. Taxes accrued .... ... .. ..
51. Other current l iabiliies .
S&' Total current liabilities (items UIt to .1)


Analysis of taxei acrune:
53-01. U. S. Govermer t taxes..............
53-02. Other than U.: S. Gvernsent taxes ...
Other unadjusted odita.......................................


. .. ...- C .


, ofk war 2 e


5014,067,311
.63o.o3~


532
5g '


a o0n twA ",h


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


l -. ; i


Income Items


1948


811 002 538
1295 691
12 298 229
545 960
11 752269
759.405
3 684666
28498
4472 569
7 279 700
380182
6 959 518
4 737 732
212 235
4 876.611

2505 341
280 6 50
2.63


410 817 491
12583 29
12 070 789
570 272
11 500 51 7
793 886
3 529 874
27761
4 351 521
7 148 996
271616
6 877 380
4 221 274
211 791
4162 771

2 499 407
280 650
2.64


6093,416,21(
809,662,42i
56, 6,8(
Gs'W.


o307,7141, 264
$08,053,)73
I s
P2W


10M3,163,1209
1 p
1~o5ofi;3,
10,;,



1361 ;p
:18 03W?


3.160,848,730 823,729,785


. Deorep e, sdeftit, or other reverse items.
Slpresents aeooruae, itoltuinn the asout in e fault.
Exoluaes Mismouri & Arkansas Ry. Co. Road not in operatiop.


.U. a. oovNuMENT PrniIo OFFICE:190o o850193


, '3.0 :0


I I I I I I I I. .


.


P't


I


t-


IM J A...*


^* ~







INTERSTATE. COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND'STATISTICS

SELECITD mICOME ITEMS BY REGIONS AND DISTRICTS CLASS I STEAM RAILWAYS
O1R THE EULEEN INTHS ENDED WITH OVM BB 1949 AND 194


Pge 2


M! HaLWAY O251AINGO NB! F3E(N DIVIDEND NET RAI BEL I Y I ED QQINCOO ISi D
ioN Iaco i __________R_____n_____________ lo and rlway _N___ -- -Oag
gics and raaon and r
19948 19 1 1949 114g 194 1948 1949 19486 1949 194g 1949 91945 S 194.9 19418

United 8t.- otl .......... 615.042 5937.720.824 $353.642.916 $654,62,3545 $250,315,829 $414.651.700 $225.105.932 8249.895,320 Southern Besion Continued
astorn a*i -.Wotal .............. 1..184.189 313,491.474 59.423,624 175.239.004 57,500.43 111,027,872 39.203.992 55.200,04 Oln ld ......................... 4193 $6*6411335 43.65 596,129 6.770
I eCgolumbsa ndaGr Oo6lle r .............. 139.755 14426 5.335 143,40 3,.7 85 ,e2$T 617.238
1.551.905 o6 s6.o ,41t26s371 266,2T3Florida aas tCoast* 1................. IO.s 1,5.90 a 0 4.24 220 372.7 .900 -
alaBi*on ot ............1 2.837.573 2.227591 1.551.905 9.720.826 3860.01 2 7 orgta Use* Oaisation .. 24 1,86,6 -
Bangr and Arostook .................. 73.279 2.51.513 1.21,955 2,029.776 733653 1.367.36 191,400 191.400 Georgia ori 1................... A41.2 4 11.999 1.11. S 97,
aoston and aol. .......... ........... .g 9 3,2 99 2 Georga enthr. ....... ..... 2251.38 26.9 1.008259713
Canadian NationalLine In einw andI..........6.69 5,75 l.Moil endOio 6.216563.500 2.256500 .5.00 147, 1,1
Canadian Pacific Lines in ...... ero LoIainl and ashr ll ........... 11.3165 19.670.49 6.749,0 17.12 5.849.913 1.575,825 8.236.00 .2
Oenrma lmoto L... In .e t ...... .o 1250. 56 8T.1 74.065 724,867 Missiessippi Oentral .................... 126,70 295.990 7T,508 216 70:4 15 0.712 6,
CentralVem nt ......... ..... ...... 7, d. 1,6,3664 1 7y9 255 2. TS7:2L
l.r eCntal.. .........I............ 966 2 22 0. 4 8. 31 9403 X82.935 76.971 74.873 Nashvlle. Chattanooga St. Loui ... 2973,06 2,635.271 17,930 1.558.33 1.086.28 1.064,712 511,6 76 .947
5etsn, de a 1~4 5.2 524.55 66g. 31.9 Ar Li meboer air Ln ..................... 9,764.791 12. 47.694 6.968,241 9.317,867 3,670, .753.0300 1.600000 750.000



Strot d. .ia ....... 7.92 8 979 1 ,92 895 433: 55267 220.ooo 22 oo0,000 o leeo nd sorth wtern ............ 1.699.8 92.01647 a 1 6,786.964 3.3.000 2 75631
tr t ............................. 9.288506 18.59933 3 9 13083.79 1.953. 7883.450 4472.79 57,6 o rm ern ................ 2.337101 2.7027 569,298 1, .000 -
OSothr. ..................i........ 1920,576 26.247,529 02.4 8,107,2 3.0,000 329.000 486960 4,4860




2 h andamt*eBson slTrr ............... 11,820 300.142 326.481 106.41 221,212 9,140 141,210 Ohioa0o.Saint P' v'Mi.nnepl l .* OlO,,h 866,781 1 5.45,705 1 2T. & 07.2514 00'0 00 -
Greht uLik lo egio- Total................ 105.89 1.9328,501 1 2. 1 724 s,1 1.01.82 0 1.123470 1156000 1.156000 1b M 4143,303 20274,451 nt ron nl .................. 6.784.23 1 .02.325 6 7 ,


t T ......... ............... 5.35.6o 8. 130.36 a alh hr d Atnti ..... 4 7181 21 10 -
onn Abor ........................... 403.1203o 1, 24 : .662 17. 3 374.0 499. oo, Wn te n l fAl ra a ............. 2 809 2 0 ,-3 --
Cambria and Indiana................ ......42.,195 12 2413,729 56.6067 264,75 579,63 6, 000 160.000 Vatern Distrit otal2624, 367,360 40.852.706 206,5243.962 315.7,192Ld 133,767,932 200,776.21' 11709,507224
Delawre and 9on........ 38 1,646.692 5.26647 000 3.301,000 -
Delaware, Leokentam ma a western ...... 63.611 10.236.7" 1 .87.825 5,530,751 943 3.25..296 2422M206 422.206 lorthwestern leion total........... 62,093,682 98,007,260 33,103,450 65.469.110 21,746.263 31,177,050 29.533,017.19.476.669
Detroit end Mackinac3..................93,436 5,2.499 2444.95 167,672 256.595 -
Detroitaenad Toled.Shore*ine..............775.92 979.96 67,692 695.7;4 *3443, 3 552,607 220,000 220,000 Chioago and North Western............,1.699,878 9,2401,624741 81 6.796.964 ,3:r 0 2.2s66,3

BtSrie ................................ 527,091 762.05 53,090 130193 2 3.4090 450.00 iagGreat Wester ..................... 2,33721 27,09.0 6 23 7 6393.87 5,90 1 ,370.3 10.23.
OGrand 0T ntr al ..................... ,612.3.12 33.,601200 5.235.777 1.0 ,7495 1. .253 1.2 .25 abjoon xi WeSt .................. 1 9.67. 3 29.227 159.833 a6.57 1049.1 2 .319 125,000 125.000
We itorkH oad on liver. Lr ........ 11.461 15230.740 10,42 40 l4, 6, 41 7.500 81,000 241640 145.090 hioe ao.Saint Pnl.innoo ............ 66. 88,805 72735 912 00,100 I506,800 o.t

Lehig Tork Nro St ............ 1,5.56 sM.23; 2.014 2.1. 7 .80 40 1,1232 1156.000 1 0 .......... 1,271,555 1977.277 1.22D3.503 1.9 7r00 1 .103 .7 67 70.7.30000



wissor,% 3 uand SmS a oSr te.............. 5.10 32 8.994 T 7.2 6.387 2,601.598 4.410.157 3.454.60 6,909.200 ort0n .0 ..................... 10.887.852 l8,658.179i 4,6o,8094 8,639.610 3.090.000 4.845.1)90
hih lleyr ................... 53.......5.45690 6.6 5224. 130,36. 3,670. olth, South Share and Atlantic. 40 71,5241 33377.o. .3 0 -

ttono1shlar ........................... 3 l26418,, 201,96 .6 105,00 186.5 pk, Intert onop .adoifi ......... ,5,5 192 00 .0 .
Mstsur91h 6 t rla05 531 ...0.....90..... 100.151 1.7.1 5.39 1.37.2 2.65 872.75 5000 p h50 at ortlr s............... 032,070 27019,210 ,6 7 12,370.2134- -
vr ....r .rl....................... 6,5 48 33.5 .200 5 .613.205 .216.597 2. p53 6. 91G.15 1956 19545 .Aon etrn l /* ............... 2.075.175 3.622.85 281,337 2:90000 21,075 1000 ,0 12


Oentral ]asse antong otel ........ 93.996.689 1 3,170 25.627.560 7.50.296 34.623,3 62.480.090 2.392,8 34,659.360 ......59 7. ,
---- ^ ----.----- ,--^ -- -- -- -- -.----- --03.-. 7..t5m 10.60o2 vt.1ss. ...... .. lo5o.10.298 2P9.07.774 130.667.479. 183.622.336 8 4s.684.598 1T.2 .748 6 86.651.555 0.901.297
New Yorn., Chioso and St. Loia .......... 0 ,0461 15,90.73 .0 0,7794 1 4.92150 4.000 2.163.396 45 prior in.........7
Naw York, Ontario and .Wetern ........ 2 047 30 9 101 Minneapolison, t. Loui...... ....... 271.555 1,977277 1,223503 197524,6 28695.379 37..907 1t7600.?5 750,000





itb ebr h an e .r ................ o0 7.6s8,S 3.146. 7 67.9 2.19.o3 4,610.816 0,oo 5 4600 6.09.200 oo. aurntcon f ino ........ 17.8312 308. ,5 13.9254.96 26.32657 9.9 .228 19.: 5.9125.161 090 5.1,61
ce o o ....... 82 918 00 23 hio k I i ..... 18.200328 19..5 15.839.853 17.59.375 9.2.ooo ..ooo 5.815.22 4.759.197
Onittsurlg & a. of ........... 8 ...... 31732 36,518i 11, 82422 7.32 575.250 1.830.100 Oolorano and e othen ................ 80.E3 6226 50,j5,5 5,328 435.721 ;.14,51 -.
Pittsbrhoo a sat Virgni ............. 1 151 1,9916.50 741 973.899 9,11s 75452.1oo 383.7 51 33.70 OoLor5tmoa s rotas ................... 314,038 599.952 327 25.98 9 .0 1ooo



obseaso a naumol. Moiland ............ 9g18275 2.164.919 527.207 1.7.S.78.31 325-.46 1. .397 Be, rs ado erm-*e restern ........ 7.636.313 11.33s.s00 3.815.858 6. 2,1.7 2.8.300 2.329,919 2.329,919
C.,e. IaaBUa ... ..1,0 77 1..261 283, 9 8.,.12759 1701..,.000 oport Worth an Dr t Citl ........... 2...... 121.407 2 1,132,039 9,: 78,a.-5 780,, 2 -
Centro reate teleseion n- Total......... 939. 96,669 3.3 .,170 2 .627,560 .81 2.229 1.57069 4gter 3 ................. 986 5 0 1 8 -
In, Joeitrtal en ............. 5 7.otal .45,1036 298 209,0765. .774 13 7.667479 3.36.322 762233671 15.15 to sor .................. 124 ,6
Akon, Ilanton .....&....to.....6340....3..2 2.1302.1443- 1our cic r5n. sa .. 47 29 5 37.52537 7.57. 2,46, 1,63.15 6.97
Bltimore and anos ..................... 42.:72 6.0124,79 2 .0 183.0oo 60062ooo 1261,685 tohiono. Peoria nd SVtrn ............. 638 63654.93 5 61. 57.3W88 695379 3731. 2 60,00 2,625,.20
esir rnd s e re ........ 0........* 3 7, 6.,S81. 466 3247 6.7. 2.195,4.030 24,6120,356 108,6 35000.000 Ch674 ion oBurlington ...... ........ 1631.5 39.91,40.08 413,982, 2 .06 4 32.851.0 6,210,824 30.625.161
Central a. Co. o f Now .2,79.3 .37o Utah....... 2 279 i ......................ok l d.... 11,20, 328 1961 1.. 217.902.


Central ". .............nn aa.... ..... 3. ,1 6.7733 384.8965585 0 .783,1007 O.loradto and South.m ................... 40, 3 7 56756, 25.42 435 2,7.11,44 214.nT,1 -
ChiStatengo e Illinois ......625 1, 4941 99941 42,300 33.751 3751 Colorado & Wyoming ...................599,952 327109



S* h iog.. tIllioiot Midland ............ 779,190178 100.770.672 42.3,31 66706,1246 2.337,071 *850.61 .9260,6 .12.
Ohicego, 0D4i6poje id l 12.783, 87 5 1, 0 -- or ort and Dnve C1..............2 0,121 '0 2,13577 12 1060 .90 215 -
'a& ao on ....... .. 3 08:1 West.ern.. ..:: 2234 1 1. 5,5132.039 7o.06Eo32S 99
Detroit. Toledo an dt ............. 1 17,09 49 65 490, lortanam PArinfi ................. 98,021 531,6 2.40,058 975 1,656 -




iag. Joliet and sio ................... 16 4, 28. 4.353 95 16,. 2,00 00 20.394.801 .os,53 2.ento Nher ....n.............. 1. 8 ,206 .691 ,93 ,.3 1,.289 -
Illinois toratna... .................. 01. .,, ,.,,,.oo3 .4-10.0. .4.', .,7.4.









lorton a eera ................... 18.712.12 35.993, 5 18 59891 3.62, ss49. 153 962.00 3o 21500270,000 23 163o,434 23,16.aifi m..o-a.ss-eas ................ 6,9MD.843 ..o3.7k6: 4.356,099 5.8.l497 3.1863.000 3.16,32
lo Iiandeu ...................era .. 705...3 17 1018 2,505.53 .878 1.445841 31 othrn Pacific ranp.................... st3.7.927 a4,63.94 29, 0785 .37,4.&8 71502,06, 0
Miar i-ino ......................... 5,461.001 8.49.81 3.0o93.1 6.473.55 1..2000 .11, 126.65 2,65 O rlia, Peor le a etern.............. 6196 6 569 .3859 372... 21241,487 12925:797 '2763 .




......-.722223552 97516 13,16754 UnionlPacifct-A..... ................. 86.97 6.112 9418 ,P 11.302





aontherna gdinL- Total ............... 93.070.876 i26.6o6.768 52,116.920 86.868.559 38.4s.2.s2 .970.o6 23.016.560 22.728.330 st. Los,. Brow ll, ad Kexio** .. 1..o907,093) 4.161.339 1.249.a0 3.43.43 67,2a 1.2431 ,97
Ssst. loun-sn r.no oo .............. 9.139.31 o.............. p7 74,6 ,239.338 3.125.247380. 4.33. 4 3.092,985
eading......t outer ................ 1,35o1 ,0 2.425.066 1.700.65 2.716,910 849,000 1.565000 14.73.656 ,7952.6561 t. LuWestern Pacifis e a. tex2a7 ... 402.858 55.239 32.M,1 4312,509 15,s 2, 2.817822
StateIsland drawn ......... 3435665 31613,514 193.20 252521 6.000 0. St. o oth n ............... 9,1.994 981 7,61, 9970.66 732036 185 1,53665
t l .. .......... 0 3043.000 3,67.000 1,241,40 outhsternLon- Tot .......... 77,190,17 100,770,67242.7303366,706, ,, ,92676 2
..e Le ... .... .......019,904 8s667 5.487,350 M67207 3,5415000 5,072,000 3.596,74211832067




A a a Point ................ 8 2S Antonio Utala & ulf. ..........
South~ L~rn itri~L.~o6 ,.-fete .... 12 ~42123,4493 '246,376.644 87.675.330 160.566,349 59,04,3414 102.824.611 68,7912222 7 B1 u erLmotour Lke Island ........ .l7 192 585.95 -



Atl tion on -ret................... 5orth2 ..... 40.257.1 6. 99 900.000 2 o 3.3 8 3.30. a Orla ................ ,4 3b 5.,628 7 2 59
Pocantra of 0orila .................. 4 358,661 1.75,51 371790 20,593,132 4 ,550 45 1.1,7746636,2 2. sa a soern .................. 2,01, 212, 130.30000- 198,7-
-79. 1 I ane a I-9655 9A55f..........9...0314 72,25 791 0:39609,996
Atlantio and DQILle ,..~ -b Is45i 62 2484 n: a ; -e & LewisisnanA Aan..................3,.060,061 a512. P.M 292.97 17. 2,25,92 2500




ObsarlMes .eta rn Croln ........... 1352816 4345918 T 1979.53 70,000 20 T39 4. Pac 122 MidlandV ........................ 5,867 82016, 4,15.75 6.288,3 1.74903 .2892 2 2.
Clio14d0i, 2shrederickebug sP 43 2,175se 6 6 7e,5396 ,0441 .337 5 65,87800 1.4,2 30,032# 30-Te10,0 ............6.... 2,7 25 3420.6 1,728 o 3700,000 -
Oklohoam City-ad-Aieka................86978 116,91302
Southern Segida4-lotal~............ r....93.07,76 126.606.766 52,116,920 66,868,559 3 3,24 24 54,970.061 23,016,560 22,728,33 f t. Louis, Brownsville and Mexio' 1,907,093 4,6,339 49 3,493,431 221
St. LouiSranFranoisco ...............9,139,310 0.24.257 4 26 6,393 40 4,334,142 3,092,965
Alabama Creat Southern ............. 1,356,910 23425,066 1,700.675 2.716,1 8349,000 1,5651000 1,793,656 1,793,656 St, Louis, San Francisco and Nois .. 4o40,56 5245,239 3924509 21,624 262,361 -
Atlanta and West Point .................. .244,168 1576 68,1412 201,229 24227 126,111 24636 986V4 San Antonio. Uvalds a&Gulff........I.. U 9 6
Atlantic Coast Line ................... 5,56,822 34,257,121 6.50,501,909 6,912,071 1,900,000 2,250,000 3. 3017 076 Texasand Now Orleans .1............6 51792 8920 2110M610 5.653,825 ,3T.12459-
Central of Georgia ................ 35,6 1,75.5651 5 062 .177,634 82,942- fezae and Northern.......... ... 212,:
Charleston a Western Cerolina ..... 244,18 1975470.000 s rsa and Pacific ................5.87:067 6,16,3 5 6.2W61.t49033 12,6.82 2.051,513 2,051,513
Cinointi, Nwlu a aa 5,657,466 7,535,729 ,866 5913,375 2.970,000 4,230.000 3.700.447 3700.447 Taxes Mexican ........................ 44,79 295,904 347263 618776 225,000 375,000
Cincinnati. ____^ ____ __ ^ ^^_______ _________________ &______ Texas_____________ ^ ^ Pacific______________ 5,913.____ ^ ___ .4 7 _____'20 9 3 !. 3 ___ *_______ T7 37 ,00


* Report of receiver or reoslvers.
* Report of trustee or trmstes.
D Defiolt or otbihr io item.


/ ormerlr included in report of Minneapolis. St. Paul 6 Sault Ste. Mar*i.
SInoludes Atchison, Topeka & Santa te Ry., Gulf, Colorado 6 Santa *e 4y., and Panhandle & Santa IF By.
S Data not included In totalS. Includes Southern Paoiflo Company, Texaa and New Orloans R. R. o., and leased line.
''h'^.








Subject to revision


UNIVERSITY OF FLORIDA

Slllllllllllllli 11IIII I INTERSTATE COMMERCE COMMISSION
3 1262 08851 3345 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

Compiled from 128 reports (Form IBS) representing 132 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


Statement No. M-125
DECEMBER 1949


'. .; .

\'-r ,.


UNITED STATES EASTERN DISTRICT POCAHC OTAS 1El4 R1950
Income Items For the month of December For the twelve months of For the month of December For the twelve months of For the month of DecembeA\', For the twelve mon of
1949 19.48 s1949 48 1949 1948 1949 1948 1949 1948 \ 1949 /1949

1. Net railway operating income .........................-..... 69309849 64 491 439 866651505 7 0 212 26 3 21226646 .20 987 870 0211 921001 334 479 343 $4439 80 $5 31091 9 54 399f7 080795
2. Other income....................-----........ 61 066963 3B 212 889 254.497 498 2 5 09158 ,29 016760 11 455 270 116650702 103 985 216 7946 56 2 361 198 ai5 53.5 104 89 525
3. Total income............... -........... 130376812 99704328 941012 549 237 303 85 50243406 32443140 328571703 438464559 5234036 7672117 60-47532105570 320
4. Miscellaneous deductions from income....................... 6744296 5919013 40299544 64835897 1000580 1187113 9360473 18126106 2586538 1758848 7353239 13850474
5. Incoomeavailable for fixed charges.............. 123 632 516 93785315 900713005 172467953 49 24P826 1 256 027 319211230 420 338453 2647498 5913269 52774293 91719846
6. Fixed charges:
6-l.. Rent for leased roads and equipment..... 9004965 9635435 120128021 130170508 7003993 7 224 902 8287717 85475 1793 14081
6-02. Interest deductionsI/ ................. 25538667 23861246 298438157 29084168 10634162 9833661 127814256 127168953 1302672 1209287 15607794 13097740
6-03. Other deductions... .. .. ...-......-..-...-.... 563 967 528500 2869628 2 30507S 176 82 251153 945137 789284 11 094 10319 116257 48686
6-04. Total fixed charges ...............---- .........-. 35107599 34025101 421429806 43331726 17814918 17 309716 211636563 213434064 1526559 1233687 15894860 13322474
7. Income after fixed charges................ ...............- 88524917 59760134 479283199 74915068. 31427908 13 946 311 107574667 806904389 1320939 4 679 582 36879433 78597372
8. Other Deductions......................... 6 069 46 14317750 41214587 49768854 4080341 11130954 1883331 25850025
9. Net income...-... ....... ...... .. 82455449 45 442 384 438068 612 699 381831 27 347 567 2 815357 88741355 181 054364 1320939 4 679 582 36879 433 78 397372
10. Depreciation (Way and structures and Equipment) ..... 3468 574 32 48 872 40781516 4 375 623328 13 186 06 13 2828781 161 313961 151857998 2 610 942 2 457901 30084008 27774 58
11. Amortiation of defense proJect-..--..--....--.. ---. 1465519 1158622 16514092 16568904 560492 471163 5 654851 5572722 72640 72605 874420 863127
12. Federal income taxes .................................. 12 592286 33590366 261650595 4'48242066 4085 583 6959535 60328546 117987407 3330 42 4 691096 23923474 52568646
13. Dividend appropriations:
13 01. On common stock- ... 18236152 28854228 188049252 219761709 6412101 6780363 37445090 51021601 1091819 723408 43839400 50100598
13-02. On preferred stock................. .............. 9019743 10256958 64302585 69244804 5245041 4 219971 13406044 15178817 219904 235109 3246993 3264100
Ratio of income to fixed charges (Item 5+6-04) 3.52 2.76 2.14 2.77 2.76 1.81 1.51 1.97 2.00 4.79 3.32 6.88

SOUTHERN REGION WESTERN DISTRICT
LSOUTHERNWEST N ONS NET INCOME-ALL CLASS I RAILWAYS MILLION
Income Items For the month of December For the twelve months of For the month of December For the twelve month* of 100 oN 100
1949 1948 1949 1946 1949 1948 1949 1948

1. Net railway operating income.. ........ ........... 2 877 269 812 364 33 5105 948 14 5 138 971103 30766 554 S 25 828 315 515 153 914 (433 681022
2. Other income .. .... --------. ..........-- 3272430 276694 18168837 19817720 27983117 18627727 113042418 100799126 O8 s--o------ 80
3. Total income...............---.....-...... 16149699 15133029 124116982 158768823 -58749671 44.456042 428196332 534480148
4. Miscellaneous deductions from income............. ....... ..... 577 897 333 045 3 786 394 6 236308.: 579 281 2 640 007 19 799 438 26 623009
5. Income available for fixed charges.................... 15 571 802 14 799 94 120330588 158 552 515 56 170 390 41 816 035 408 396 894 507 857139
6. Fixed charges: 0 so- -- 40
6-01. Rent for leased roads and equipment.............. 689 335 905 652 9 446 214 10 348111 1298 904 1 490 800 27 627 828 34 170 522
6-02. Interest deductions/ ...~. ..........--------- 53691629 3645148 45699092 41750458 9910204 9173150 111317015 108824534
6-03. Other deductions -----................... 216206 12366 523 218 401311 159844 143762 1285016 1065794
6-04. Total fixed charges.................-- ....... 4597170 4674066 53668 58* 52 499 880 11368952 10807712 140229859 144060850
7. Income after fixed charges -............. .........10974632 10125918 6666206 100 052 65 44 801 438 31008323 268167055 363796289 40 --- -- 40
8. OtherDeductions ....578594 884648 4149106 3942806 1410533 2302148 18232169 19976023
9. Net income.. ....... TZZZ ZZZ .Z .. 10396038 9841270 62512958 96109829 43 90905 28706175 249934866 343820266
10. Depreciation (Way and structures and Equipment) ...... 4735446 4380898 548,89934 49644797 14151124 12 727 292 161 527261 146 346275
11. Amortization of defense projects ........... 212 2 93 216 104 2,549 897 2 547083 620 094 398 750 7435524 7585 972
12. Federal incometaxes........ ..... --- -- -- -6986450 6377153 45440732 61347214 A. oo1 9 15 562582 131957843 216338799 Cto ---- ------
12. Dividend appropriations:
13Dividend apoiaton s 1869268 6519418 20128488 24550774 8662964 14831039 86636274 94088736
13-02. On preferred stock.... ........... ............ 2260223 2260 23 7017563 6957205 1294575 3541655 40631983 43844682
Ratio of income to fixed charges (Item 5+6-04) 3.39 3.17 2.24 2.91 4.94 3.87 2.91 3.53 1947 1948 1949


UNITED STATES UNITED STATES
Selso~odponatt1.mnA...tI -loote L~lmt It.e.s- ANALYUIS OF NET INCOME--ALL CLSS I RALWAS
elee Expeture Asset ItemsBal at the nd of December Seleted Liabity Itlance at the nd of December

1949 194 19 9 1948
1949 194 1949 194ports showing Reports showing

17. Expenditures (gross) for additions and betterments- 40. Funded debt maturing within 6 months 2.. 1..... $183,506.594 $201,523,382 Period Not Inome Net Deficit
Road....................................................---- ---------- ---..........-- ........... $320,234,657 $ ,344N590,432..umb amount--em t
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable .....-..........-............... 10,116,360 4,341,352 ub mount umber Amount
Equipment.................................................... ........974,444,917 920,782,771 42. Traffic and car-service ealanoes-Cr................... .... 89,327,692 87,226,948
19. Investments in stocks, bonds, etc. other than those 4 Audited accounts and waes payable.........................,157,67 50 30,2 Deember 199 99 90,402,133 5 746,6
of affiliated companies (Total, Account 707).... 491,381,162 518..388,237 Miscellaneous accounts payable ........... 20,77,551 23095,23 December 1948 93 1,054,193 29 15,611,809
20. Other unad sted dbit........................................terest matured unpaid ..................................5587,52 5 85,1 12 months 1901 67,187391 22 29,118,779
21.. C. . . 2 4 8 6 46. Dividends matured unpaid........ ... ...................... 15,821,909 25 7,596 12 month 1948 102 731,190,314 19 31,808,83
21. Cash ............ ............................ ......... ..... 6,928,26 96,97,206 Unatured interest accrued ..............................71961,037 7 16,3
22. Temporary cash Investments ........ ................--- -........... 743,707,805 1,036,381076 i U. Unmatured dividends declared......... 22,246,281 26 ,585
Loans and.bills receivable ..............................- ----1,229 6,0,021 5. Taxes accrued............... 75 59 lu o of who nt noo
2.: Traffic and ca-service balances-Dr.... ......... I50;?0193 54,723,967 51. Other current liabilities.............. : 707690 8666912 (or defiot) was aborted by th controlling company.
2 Net balance receivable from agents and conductors 131, 417,638 122,1404,57
27. Miscellaneous accounts receivable .. 288,689,764 346,019,972 5g. Total current liabilities (items 41 to 51) 1,696,666,182 2,059,450,885 Period Number Excluded
28. Materials and supplies.... .... ...... 725,521,375 852,162,020D- a -
29. Interest and dividends receivable ...15,923,212 17 ,0 00 53. Analysis of taxes accrued: December 19
30. Accrued accounts receivable. 10,658125 164,980853-01. U. S. Government taxes ........... 425,0197 625256,728 Deember 19
31. Other current assets ... 2,20,791 38,769,463 53-02. Other than U. S. Government taxes 135,430,823 127,610,867 1 months 4 5
Total current assets67,22692 ,657226,525 4. Other unadjusted credits 259,207,038 275,131,202 months 19 5
. Total current assets (items 21 to 3 3067225,692 3,657,226,525


d Deorelse, deficit, or other reverse item.
T/ Represent accruals, including the amount in default.
f Excludes Missouri & Arkansas Ry. Co. Road not in operation.


/ Includes payments of principal of long-term debt (other than
long-term debt in default) whioh becomes due within six months
after lose of month of report.
/ Includes obligations whioh mature not more than one year after
date of issue.


/NZ ,








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TWELVE MONTHS ENDED WITH DECEMBER 1949 AND 1948


Page 2


Nf RAILWAY OPiRATING FITINCiDA INCO1 W DITIDBD NT RAILWA OPIATID MI TIO. IDRALINO ME DITIDD
I TAXIS oaslOPRI acIONS wO TAXEoS APPROPRuATIONS
BReoan and rlatilV eg__ion and railway
'1949 1948 1949 1948 1949 1948 19 191949 1949 194819 19491948 1949 1948 1949 19"4

United tates total ........... 686..515,0571.002.212.263 $1438,068.612 $699.381.831 $261.650.595 W148,242,066 $252.351.835 $289.006,513 Southern aion Oontinued
1aotEn Dsterict Totl ........ 219.00 334.479.343 88.741.355 181,054,364 60,.328.56 117.987.47 50.51,134 66.200.418g Olinhfil .......................... .4.896.864 $6.850,04 $ 650.17 *6.309 72
11.2.5 4.s266 8.94.52) -Oolunbu and Greenville ......... ..... 145,958 103,402 161,227 $1181402 107,323 42928 17.238 17.23
l w haM d seio Total ............ 14.32.258 23,4,s868 4.763.203 13.523.276 4.482.663 8.94.521 268.371 266,273 lorida last Ooast* ................. a 1.8 .02 4.4.45 2.404.6 1.379,889 -
Georgia R. Lhes*s Orgfisation 863 1 5 3- -
anger and Aroosook .................. 1.858,9 2,913.380 1.303.335 2.384.235 79.653 1.73442 191,40 191,400 Georgia lord ................... 6, 2 2*
at e. d M ............... ...... 33.50 8,270.759 1.321099 4,504,384 862,972 1,884.385 Georg Southern and Florida .........20 2 36o000 157,000 -
Canadian National Line* in Nrw Iglandt 1.67.20 1j.3 5 O lfrobile and Ohio ................. 7.00.946 9.097.3 4 ,000.263 6,12207 2,4000 3.750000 1875.809 1.875.809
anadian Pacific Lines In MaIn ....... 13.755 5 -. Illinois Central ..................... 25 4.67 29.770,16 16.071,132 20949.20 10,652000 .26,600 1,118.718 1.118.718
Canadian oPaifo Lins in Vermont ..... outsville and Nshrille ............. 12.36,069 21.175.636 8216.05 18,97.903 7.25863 11.225.664 8.236800 8.236.800
Central Teraon ....................... 7 42 fl o 21.43 80.765 81,587 Mississippi oCentral .................. 156142 315.232 107.144 225.985 90,561 157,120 60.358
aine Central ......................... ,74 2, 1 720 782 1,010.2 1.036.631 76971 74,873 Nashville. Chattanooga St. ouis ... 3.422,10 2.932666 2.141.057 1.783.857 129956 1.2.581 51966 767
Nw York Oonntln ................... 732.196 730.397 15.161 30.915 5,000 ev Orleans and ortheaster ......... 1,947.770 2692,43 1.763.173 2.i9.585 1.227.000 1730.000 -
Ir Yort, law Sann and H tford ...... 7,5 998 10,902,536 2774.8 5.79.596 1,738.979 4.20.176 Norfolk Soutehrn ..................... 577,918 61654 01.780 437.066 298,49 678.360 335.572 211.769
hattete. ............................ 57.10a 18439 55.260 6 2.92 Seaboard Air Line .................... 11.048.786 13.187.842 8156,294 9.965.654 4.019.921 5.372.786 2.025.000 1,600,000
S-Southern ...e.e ...................... .4.06,2% 29.14.7o .941.301 9,4 065 5135.000 127O.OO 3.973.650 8.517.350
Oreat Lakes Balon-. otal ............ 101,807,985 147.847.180 50.209.410 93.518.245 24141,1.65 49.14.512 21.839.835 30.599.96 nnaes Central ....................... 4 53 29.152 123.0, 2 .1 .o
stern Ay. of Alabama ............... 303 013 427,371 288.031 4 175.601 112.500 210.000
Ann Arbor ............................ 63.41 906.953 292.419 716.276 195.154 488.842 216,250 -
ari Lra ana ................... .597 654408 2,150 49212 305.781 618.664 390.000 390,000 Wstern Distriot Total .......... 315153914 433.681,022 249,934,866 343.820,266 131.957.43 216,338799 127268257 137
law re and R on ................... 4,049367 7.356.928 .326,185 5.13601 757.000 3 3. 000 -
DelMware. aaaa and Western ...... 7.178.193 11.362.804 2.224.209 6256.2314 1124.713 3.53.688 422.206 422.206 Northwestern Reion eotn l .......... 66.492,819 101,704,640 42.035.995 74.292.993 18.396.149 32.412.081 22,474.160 27,168.707
Detroit and Maotino .............. 393.893 527.743 3 15 46214 198.591 2 965 -
Detroit and Toledo Shore Line ......... 831.79 1,018.605 748096 929.983 464,178 569.518 0.000 510,000 Chago and orth Western ........ .... .2,7s2619 10.010.400 1.133.684 7.905.48so OO 3.773,0 6.o205,41
r .................................. 10.55569 20,224,823 5.9 235 14.29 48 2,223481 8,580.65 4,472.794 5,700,680 Chiogo Great Western............. ?,666,416 3,598774 1.879160 2,882,080 722.298 1.474.000 114,408
ran frank r tm ................... 268.169 5.342.323 1.752. 592968 chigo, xilwakeest.Pl ansPaif 10.939.286 15.514.415 41476,982 49 2,887.000 4.444.000 4.486,960 4.486.960
Lehih and Hudson Mver ............... 98.817 337.672 57837 8.728 138887 24361 141,210 82,42. Chiago.Sint Paul. inuepolie & Om 1,232.444 1.960.144d 1 1 0 1 35465 -
Lehigh and Sw Igluand ................ 1.973.258 2.,106.483 1.633.233 1.890,1494 620.8 1,105. 1.156,0 1.156.000 uluth. Mlissal and Iron Rangs ..... 5.611.272 10l65o.042 5 497 9.72 65 3.* 6.247,412
Lehih Vllry ........................ 5.58,11 9. .990 174.65 3.315.061 Duluth, SouthA *hre nd Atlantic 5 ...... 5 6 747.65 l13.03 31
Mno ahla ........................... 528,613 1.490,972 118,417 1.073,668 i 1 374.700 499,600 Duluth. Winnipe an Pato ........ 119,024 33 -
ontour ............................... .9.155 8 660 3.318 81293 9.223 510 00o 408,000 Gret Northern ...................... 2 3 27,,1.841 127567. 8,758,87 6.555124 12.370.213 10.23927
w Yort Oentrl ...................... 32.295.47 37.221.591 9.727.816 14.727.096 1.669, 89 6 016 3.223,697 reen Bay & stern .................. 214933 .191 225.592 340 150018 8 125000 25.400
ew York, Obhioao and St. Louis f .... 1963. 25.417961.131 24,268.581 9.35.100 .857 7,566.975 7.897.995 Lake Sperior 0 Iehpa ............ 586 288 74.422 626.586 798,176 406,844 502,535 267,750 267.750
w York, Ontario and Wstern ....... 1 6 2 2,1 3 2 Minneapolis & St. Louis ............. 1356:144 2.279,389 1,305,788 2,216,6 778518 1,287.567 600,o0o 750,000
Naw York, Saaque n and Westn ** ... t. eI b -Minneapois, S. Plt. a & Mario .. 1.931.476 2,510.339 1249,126 1,871,066 65.811 1.135.000 719,104 719.104
Pittsburgh and Laoke ris .............. 5,790,45. 2.975.894 4,682,624 3,454,0 6.909,200 Nortern Pacifi .................... 14,017,915 20.14o.126 9.73.443 12.312.41l 1.000 5.700,000 3.719.5 3.719,565
Pttslburm Shimmt ................... 39 202.21 271.5 112,317 187,415 Spokan International............... 220.68 20948 1052 105.548 .199,695 71,160 7160
Pittsburgh & Wst irinia ........... 146892 1935.588 581,20 1476,35 505.810 911.730 305,000 Spokane, PortlM and Seattle ........ 3.036.473 2.189.606 a 1 a 1 -
Wabash .......... ......... 7.6.755 13.007.913 5.693,237 10,997.654 3.129.270 7.366,4014 2,895.100 2,895.098 Wisconsin Central / ................ 2,090.719 3.952.724 131.638 .117.737.729 975000
oCntrl lautern Region Total ........ 95791.75 162.783295 33.768.742 74.012,843 31.704.71s 59,901.374 28.742.928 35.334.249 central Western Beion Total ....... 161.763,860 222,703.238 157.876,877 196,405.732 84,664.105 134.71.8587 92,184,184 100,823.16
Akron. Canton &ounstown ............. 508.1 1.123.588 281.728 905.880 162,706 537.71 134.581 149.4a5 Atchison, Topeka nd Santa Pe. ..... 55,69.389 68715.752 50.042.147 62.842.771 31.622.379 40,486,907 25.625.120 25,625.120
Baltiaore aM Ohio .................... 27.87.36 43.110.013 14.214671 12.575.782 8,179,195 10,404,4 588.631 588,632 ChiA o, Burlangton& i y ......... 19.60.38 2737.495 15.419.492 a28s.08.70 10.772,5 21,47.252 8,541,935 11.958.709
Lsemier nd Lake rie ................ 4.027. 8 7.82,302 3.127.557 6, T 770 2.282,692 4.299.631 2.510.000 5 0,ooooo Ccago, oaok Iland and Pacific ..... 19834,9 2181 17.383.380 1803633 9.735.000 12.9750500 7,753.552 7754.943
ntral .Co. of No Jersey ....... 4.66. a 3.85 A9 6 2400 2.579 Colorado and Southern............... 902.492 826776 870,603 76683792 606.115
OCntrral 1. Co. of Pennsrlvania ..... .472.2 10,32.35 9979 -- .6. 9.188 ,0os8 4.575.250 1.,830100 Colorado a Wyroing5 ................... 321895 69 6 336127 604,76 20,000 277,67 110,000 110.000
hcao & astrn Illinois............. 1,188,288 2.216,509 351.128 1.82 538,400 33.751 383.751 D r at io an ....... 8323.771 12.156,284 4.182,626 7.331.175 2,228.30 3.309.50 2.329,919 2329.919
OeChcao a6 llinor Illand ............ 1.033.39 2.411.740 60366 1.998.122 355.996 1265.255 o.oo 6o0000 ort Worth and DeInd r ODty ........ t.. 2.540i.28 2.4.1,709 1,362.836 1.289,521 897,802 893.772 -
ohioago. Indianapois and Loavlle .. 1.188,001 1,476 573 377.659 718,186 225,000 -- Northwstern Paoifi o ...........25.979 45.027 37.07 44.070 61.9 -
etrot. Toledo and Ironton ........... 2.812.861 3816. 2.495.520 3.522.549 1.295.281 179570 919.984 1.471.980 Saoramento Northern ................. A 25.02 a 1. a
eta., Jolet and l sn ............. 8 8 81 5.558,083 7.502.69 3,67.380 4,759590 1,910000 5,157,000 outbsrn Paci .................... .5.509 15790.190 11,46588 16.808,637 18,863.15 16.977.434
Illinois terminal Io7;5 6 3TO-00.510,.90b -9095.973 0:496 19. 3i5v759.556 7.763.62 .o. l l6.s62. 216.977,
Illino rminal ..................... 1,262,527 1,952,436 707.42 1,399.681 513,353 1,040.200 400,000 370.000 Southern Pacific Transp. Syste / ... 40,510,906 9,905.973 30,479646 38759.586 17.763,66 24,390,891 18,863,815 16,977,434
Long Island*'......................... 3.0.91 .233.1 8a ..0.289 d 6 0 Toledo, Peoria & Western ............. .820 851,127 628.779 790.760 3o.2814 355.000 235,000 2,590.000
Missour-Illinois ..................... 17' 1 303 227,887 65.000 126,685 126.685 union Poitio ........................ 21.707.437 41.975632 49.589.727 67.289.593 15.813.910 134.40,93 26,213.349 30.659.169
Pennyania .......................... 177 69 311 123429,934 8,6.933 23.20.592 9,875,816 13,67,794 Utah ............................... 15. 1 903 -
fouenylvani.leoadins Seashore Lines ... 4 36.430 d3.002 We r 16 ,0 ern Pacific .................... 3.95.75 853.534 2.689.744 2.51.1494 2.817.822
leaadng .............................. 79. 3 .014.90T 5. 0 7 2804,501 6,430.334 5.596,290 5,246,562
staten leand ..pt Transit ............ 1 4 A 1 4 a 1. Southwestern Reglon Total .......... 86,897.235 109,273.11 50,021.994 73..21, l 28.897.589 49,20 .131 12.609.913 9.941.595
tterna Marylan ... ................. .8,984 .OW.777 6,O 7 3.349.458 4.473,168 5l.24194o ,24l.694o
-B-ea mont. Sour Lake & Wetarn*...... .496.297 1,692,426 1.476,299 1667,145 899.189 735.495
Sothera Distreict total ............. 159,440.1 234.051.898 99.392,391 174.507,201 69,364,206 113.915.860 74.232.444 84.872.677 Burligtonock island ............... 764,066 650.225 .3. -4.7
International-Great Nortbern* ....... 2,711,24 2.682,909 1148 .97 223000
Pooshontas Regis total ............. 53.491.997 95.080.795 36.879.433 78.397.372 23.923.474 52,568.646 47.o086393 53.36.698_ % e o L So ther ................. 10.286 337 7.228.. 5.,000 2.878,36 1 9.
ansas, Oaklahoma & Gulf .............. 913, 1,1.643 75845 1,001,4 0, 6 7537 610,005 609996
Atlanti and Danvil ............. .6 Louisiana & Arkansas ................ 347.43 3.5,607 241, 3.16670 137.500 2.406, 300000
Chesapeake a oheio ................... .. .83.7 45.448,3 35 29,791,435 11,165.000 21,872,401 18278.535 24,128,259 Midland ally ....................... 12.099 201.4 103.077 10234 3,.617 140.697 -
orol a tr ................... 20794,351 38.508.960 20,93287 38 ,32 10200000 23,500,000 23383,33 23.3383,6 Miou- a ................ 7.684089 9.32418 4,7.249 6.503.918 3.5 000 4326,329 -
chmond, Fredericksburg and Potoma .. 8.g032 2.419,720 1,148038 2.70,4 700o,78 1,69540 6200 104,45 Missour-Pacific* .................. .16,201,573 26.5.268 2.40,808 13.045.693 4 1 7,8 ,000
Virginian ...... .......... 6111.......703.730 3.501,618 6.96.,497 1.,s5.596 6 5.50.405 44,Sgo4. 458, 4s ,4,o, Rv Orleans, t8as & t oaelo** ........ 2,829J,7? 2,.394.277 21,.8877 4 2227 0
SOkLah oas-tal ............... City-Ad*.Atok ............. 103.990 113,22 79.427
Southern legion otal ............... 105, .145 138.971.103 62.512.958 96.109.829 45,440,732 61,347,214 27.146,051 31,507.979 St. Louis, Brownsville and Mexio** .. 2.130.264 4,274,113 1.393.774 3.530.227 843,2 1482.89 -
81;.. -t.o Louisa. ranci.o ............. 10,21515 11389522 52 2,070 .84,60 3325.200 5.002.1 4.334,142 3,092.985
Alabama Great Soutern ................ 1,473.887 2.578, 79 2.365.915 3.401.929 979.000 1,795.000 1.793,656 1,793,656 St. Loi, San francisco and Tas ... 375.7 596.365 364.343 49 4 199848 295.1 -
AtlantaSaint Andrew Bay ........... 413,914 4 0 396.526 448,195 225,628 266,636 48,000 48,000 St. Louis Soth rn................ 9.. 8,349 12,071,612 8,36928 10,363 9 6.533,618 8,087,039 1,853240 1,853,665
Atlanta and est Point ................... 19.267,2 7,66 181.521 45,096 122,925 24.636 98.44 San Antonio, Urald* Gulf* ......... d 4.0 10.0 d 204 1 162 .- -
Atlanti o ast Line ................... 6753.899 5.16,75 7.743.391 7.684,913 2.900,000 2.050,000 3.301.478 3.301. 78 Texas an Nw Orleans ................ .12511,020 1.349581 9.7 114545 62 820 7.582,254
ntral of eorsia ............... 214,102 ,029,762 d 582 792,782 2,942 Texa and northern ................... 233,275 236087 1,358 19,780
Oharleston & Western Carolina ......... 227.43 533,243 273,075 d 20 000 55.000 Texs and Pacific .................... 6.405.794 8,507,482 4,95971 7.0,134 1,871.000 4,370.665 2,735.350 2,735.350
Cninns S, No Orlen & e s Paifo 6.224,560 8.327,292 4 7 70 6,561,482 3335,000 4,715000 3.710,670 3.710,670 Texu Nexican ........................ 473,368 273,48 379.716 614,703 227,257 400,000


* Report of receiver or receiver.
** Report of trustee or trustee.
d Deficit or other reverse item.


f Includee Wheeling & Lake Sri for 11 months 1949 and for the year 1948, which vwa
leased b lew TYork, Chicago & St. Louis effective December 1, 199.


formerly included in report of Minneapolis, St. Paul & Sault Ste. Marie.
Includes Atchison, Topeka & Santa fe y., Gulf, Colorado & Santa Fe By., and Panhandle & Santa fe ry.
/ Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans B. R. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE: 1950 O 850193


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