Selected income and balance-sheet items of class I steam railways in the United States - 1952

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Material Information

Title:
Selected income and balance-sheet items of class I steam railways in the United States - 1952
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:
1952
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
sobekcm - AA00000587_00020
Classification:
lcc - HE2713 .Un321
ddc - 385.13 fU567s
System ID:
AA00000587:00020

Related Items

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

Full Text






Subject to revision


UNIVERSITY OF FLORIDA


IIIIII3 12 0 1 35 INTERSTATE COMMERCE COMMISSION
3 1262 08513055 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


UNIV. OF FL LI.
DOCUMENTS fDEPT~


U. 1 -. S I r


U.S. DePOlTORY


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 January For the month of January For the month of January

1952 1951 1952 1951 1952 1951

1. Net railway operating income-..........-...................... .... 66066 879 $78 950 804 2 1282641 $25 732 628 8 221518 6 746 495
2. Other income..................................... ------ 17995189 19732780 6329284 7860732 994600 838543
3. Total income................................. ..-.--- 84062068 98683584 28451 92 533593 36 9216118 7 585 038
4. Miscellaneous deductions from income............ ... 4460742 4505 435 1 292102 1053987 482849 522 882
5. Income available for fixed charges.. ...... 79601326 94178149 27159823 32539 373 8733269 7062156
6. Fixed charges:
6-01. Rent for leased roads and equipment......... 9 382103 9806035 5616131 5674 949 8469 8.660
6-02. Interest deductions 1/ ......................... .... 25701109 24825788 11183180 10648448 1325387 1282 930
6-03. Amortization of discount on funded debt .. 225656 216 397 68 97o 71 835 o 12614 13 121
6-04. Total fixed charges................. ...... 35308868 34848 220 o 16868281 16395 232 1346470 1304711 4"
7. Income after fixed charges...................... 44 292 45 595329 929 10 291542 16 144141 7 386 799 5 757 445
8. Other Deductions 2929375 5035152 143992 1435 05 8739 8747
9. Net income..-. ..... .41363083 56294777 8851616 14 709 08 7378060 5748697
10. Depreciation (Way and structures and Equipment)... 38 891509 3747066 6 14 424179 14113584 2 874971 2757111
11. Amortization of defense projects ..........- ....
12. Federal income taxes...... .....- ............... 46 242662 56888 588 8 615526 11271567 6088 516 7 502 678
13. Dividend appropriations:
13-01. On common stock......................... ... ... 5469706 6147434 1377655 2 279742
13-02. On preferred stock....................... .. 7086658 6595 882 2854798 2 14 022
Ratio of income to fixed charges (Item 5-6-04) ... 2.25 2.70 1.61 1.98 6.49 5.41


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 1/...............................
6-03. Amortization of discount on funded debt....
6-04. Total fixed charges.................. .
7. Income after fixed charges ...........................
8. Other Deductions ........... ....... ............................ ...........
9. Net income............ ......... .. ..........
10. Depreciation (Way and structures and Equipment)......
11. Amortization 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)...


Selected Expenditure and Asset Items


SOUTHERN REGION


For the month of January For the month of January


14 294230
2 408092
16 702 322
864 946
15 837 376
769735
3 849 996
30600
4650331
1118704 5
327127
10 859 91
5 509707
10 547 745

3695377
118929S
3.41


$13 772 517
2822 806
16595 323
1072 312
15 523 011
776 572
3 666 817
26 206
4 469 595
11053 416
315 268
10 738 148
5 239 810
9 958 859

3 561 271
1 189 299

3.47


UNITED STATES


Balano* at the end of January


46


1952 1951


$21 428 490
8263213
29 69170 3
1 82084 5
27 870 85 8
S987 768
9342546
113472
1i 443786
15427072
1153583
14 273489
16 088 652
20 990 875

396 674
-042 561

2.24


$32 699 164
8 210 699
40 909 863
1856 254
39053 609
3 345 854
9 227 593
105 255
12 678 682
26 374 927
1276 084
25 098 843
15 360163
28 175 484

306 421
3 092 561

3.08


.I*


Selected Liability Items


WESTERN DISTRICT


*0













UNITED STATES

Balance at the end of January


i -,- i -- i I I .___


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


21. Cash........... ................ .. .... ..- -. .. .........
22. Temporary cash investments..................... ---
23. Special deposits---- -.-------------...--- ......----.- .....--- .
2 Loans and bills receivable ... .... ..........
2. 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
32. Total current assets (items 21 to 31)...


d Decrease, deficit, or other reverse item.
y/ Represents aooruals, including the amount in default.


$24,558,935
92,930,009
476,971,745
109.557.288


843,035,584
898,389,765
66,033,947
1,393,900
59,359,040
158,933,990
468,395,855
923,820,872
13,437,897
221,285,670
35.601.829


3.689.688.349


-. .


$22,692,227
67,316,885
471,116,081
101.377.243
950,279,743
1,036,055,372
125,268,289
1,674,746
63,755,910
155,778,597
466,664,139
757,463,120
12,788,954
228,092,355
38.606.837


3.836.428.0 O


40. Funded debt maturing within 6 months 2/.


42.




49.
50.
51.

52.


Loans and bills payable /--
Traffic and car-service balances-Cr.............
Audited accounts and wages payable..................-...
Miscellaneous accounts payable..................... ....
Interest matured unpaid..... .........................
Dividends matured unpaid ... ... ..............-
Unmatured interest accrued....... ....-
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 .. .


$185,528,743


3,235,833
94,529,255
546,050,356
190,158,651
30,878,880
10,717,968
83,517,610
24,554,955
266,788,827
929,389,242
88,588,700


4146,013,170


1,755,500
97,535,200
533,748,063
239,415,538
32,103,470
7,261,807
82,453,866
22,108,715
213,305,334
975,980,094
92,703,836


2,268,410,277 2,298,371,423


772,489,795
156,899,447
299,156,489


827,698,601
148,281,493
276,845,125


MILLIONS NET INCOME-ALL CLASS I RAILWAYS
OF DOLLARS
16o01 I


12

Io


0-

o -

0 -

o -


|el


I1I I


1" 11


J FMAM J JASONO JFMAM J JASON
1950 1951


8

e


4


MILLIONS
OF DOLLARS
----1160


-I4


I I I l i l l 10
D J F MAM J J ASON D
1952


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS


Period


ReportA showing


ReportBs hoping
Net Income
Nu~ erl Amount


Reports showing
Net Deficit
Nuhmbar Amount


January .... 1952 98 $51,634,871 25 $10,271,788
January .... 1951 105 60,032,327 17 3,737,550


* Excludes 4 roads whose net income (or deficit) wpi
absorbed by the controlling company.


I ___ _ _ _


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


N


Statement No. M-125
JANUARY 1952


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J









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS



SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
XOR TEZ MONBH 07 JkANw 1952 AND 1951


NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONS INOME TAXES APPROPRIATION
Region and railway R______ Region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951
Reio a1 aiwa 152__ __ 1_I__9- I I t_ __ _


66$ 066 879 $78 950 04


$41.363.083 $56,294,777


$46,242,662 $56,888,588


$12,556,36 $12,743,316 Southern Reion Continued


Eastern District Total ............ 22,122,641 25,732,628 8,851,616 14,709,088 8,615,526 11,271.567 4.232.453 4.593.761

New England Region-Total ............... 1,800,787 2,362,594 695,478 1,068,091 688,522 990,114 19,868 19,700

Bangor and Aroostook ................. 218,351 128,507 .172,105 84,766 191,992 53,195
Boston & Maine ....................... 192,192 556,483 d 1263 255,516 26,398 273,199
Canadian National lines in New England 96940 d 65955 d 108.478 d 82178 -
Canadian Pacific Lines in Maine ...... 160,050 210,442 -
Canadian Pacific Lines in Vermont .... d 78.198 d 24351 -
Central Vermont ...................... 80,290 76,971 d 57869 d 68262 -
Maine Central ........................ 296,440 307.144 207,485 219,040 232,132 228,720 19,868 19,700
New York Connecting ................ 114,318 80,841 56.823 23.914 -
New York, New Haven and Hartford ..... 903,759 1,101,980 539.986 641,462 238,000 435,000
Rutland .............................. 10,525 d 9.468 11,821 d 6.167 -


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

Ann Arbor ...........................
Cambria and Indiana ..................
Delaware and Hudson ..................
Delaware, Lackawanna and Western .....
Detroit and Mackinac .................
Detroit and Toledo Shore Line ........
Erie .................................
Grand Trunk Western ..................
Lehigh and Hudson River .............
Lehigh and New England ...............
Lehigh Valley ........................
Monongahela ..........................
Montour ............................
New York Central .....................
New York, Chicago and St. Louis ......
New York, Ontario and Western** ......
New York, Susquehanna and Western** ..
Pittsburgh and Lake Erie .............
Pittsburg & Shawmut ..................
Pittsburgh and West Virginia .........
Wbs ha.


5 :549. 101


7.206.246


4.760.710


5.935.139


3.503.275


, > ,
,


36,198
57.594
437,185
394,275
9,760
97,642
1,153,189
d 200.345
30,037
77,866
675,994
d 11.626
37,281
480,158
1,300,863
d 167.408
d 26.234
552,290
38,482
55,740
50n 10n


51,136
68,362
653,092
306,147
17,931
82,663
1,181.422
285,277
41,607
135,269
615,467
81,904
43,467
716,166
1,474,124
d 88.718
27,899
510,185
67,831
84,006
851 0nn


15,681
62,018
420,000
201,592
6,950
89,364
952,021

20,864
66,124
$46,500
28,434
24,963
290.623
1,252,100


354,822

46,169
R2. 485


48,708
65,017
600,000
242,800
30,337
142,332
1,047,969

35,723
109,453
202,300
29.014
28,169
239,065
1,643,800


565,197
22,500
71,306
811.449


20,000
2,014,410






1,468,865


2.034.410


20.000
2,014,41C


Central Eastern Region Total ....... 9,897,726 11,727,683 2,607,037 6,434,751 3,166,294 4,346,314 709,310 2,539,654

Akron, Canton & Youngstown ........... 48,693 65,360 40,813 64,894 39,880 53,468
Baltimore and Ohio ................... 3,552,349 3,109,518 1,750,457 1,261,467 654,000 816,000
Bessemer and Lake Erie ............... 118,371 99,314 109,215 89,713 103,209 222,403 -
Central R. R. Co. of New Jersey ..... d 421586 d 315637 d 418.954 1,502,199 200 200 -
Central R. R. Co. of Pennsylvania .... 799,039 695,241 485,849 390,862 700 765 1,830,10(
Chicago & Eastern Illinois ........... 376,285 371,964 240,490 242,483 198,500 200,100 -
Chicago & Illinois Midland ........... 10,526 156,584 2,136 116,486 900 140,300-
Chicago, Indianapolis and Louisville 86,033 144,196 24,172 91,769 27,000 92,000 429,642 429,642
Detroit, Toledo and Ironton .......... 124,232 367,193 93,80 341,036 85,632 405,964 -
Elgin, Joliet and Eastern ............ 156,411 418,686 148,440 404,128 300,040 681,685
Illinois Terminal .................... 22,049 96,614 d 22.787 5C,456 d 7.100 53,773 -
Long Island* ......................... d_.719.C9 d 485.643 d 1955475d 708.442 -
Missouri-Illinois ................... 64,191 74,474 66,186 76,856 53,000 103,200 -
Pennsylvania ....................... 5,013,C0l 5.756,821 1,050,310 1,492,405 452,000 74,000 -
Pennsylvania-Reading Seashore Lines d 161.460 d 331,741 d 438.627 d 407,491 45,489 37,519-
Reading .............................. 1,289,043 1,210,662 993,436 898,504 681,844 852,937 279,668 279,912
Staten Island Rapid Transit .......... d 549 d 10.626 a 49,632 d 53.470 -
Western Maryland ..................... 745,579 804,703 487,128 580,896 531,000 612,000 --

Southern District Total ............ 22,515,748 20,519,012 18,237,978 16,486,846 16,636,261 17,441,537 4,884,676 4,750,57(

Pocahontas Region Total ........... 8,221,518 6,746,495 7,378,060 5,748,698 6,088,516 7,502,678

Atlantic and Danville ............... 13,526 18,743 4,456 9.528 1,667 -
Chesapeake and Ohio .................. 4,477,228 3,342,446 3,595,487 2,489,823 2,380,000 3,480,000
Norfolk and Western .................. 2,248,297 2,271,729 2,271,655 2,285,729 2,600,000 2,800,000
Richmond, Fredericksburg and Potomac 320,103 354,200 324,758 367,098 456,000 364,000 -
Virginian ............................ 1,162,364 759,377 1,181,704 596,520 652,516 857,011 -

Southern Region Total .............. 14,294,230 13,772,517 10,859,918 10,738,148 10,547,745 9,938,859 4,884,676 4,750,57(

Alabama Great Southern ............... 77,575 146.330 57,482 128,164 80,000 105,000 -
Atlanta& Saint Andrews Bay ......... 55,900 53,748 56,774 52,296 78,902 91,389
Atlanta & West Point ................. 30,431 30,731 40,362 40,642 38,982 41,794 -
Atlantic Coast Line .................. 1,609,190 607,635 2,396,958 1,585,281 2,100,000 975,000 1,029,284 1,029,284
Central of Georgia ................... 231,775 234,055 133,968 215,560 133,674 140,095
Charleston & Western Carolina ........ 58,333 71,670 25,595 43,305 20,000 40,000 -
Cincinnati,New Orleans & Texas Pacific 483,960 520,867 347.829 382,760 440,000 485,000 10,223 10,223


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


Clinchfield ..........................
Columbus and Greenville .............
Florida East Coast** ................
Georgia B. R. Lessee Organization ..
SGeorgia & Florida* ..................
SGeorgia Southern and Florida .........
SGulf Mobile and Ohio .................
SIllinois Central .....................
SLouisville and Nashville ............,
SMississippi Central ..................
Nashville, Chattanooga & St. Louis ...
SNew Orleans and Northeastern .........
SNorfolk Southern .....................
SSeaboard Air Line ....................
Southern .............................
STennessee Central ....................
Western Ry. of Alabama ..............


$858.659
13,599
594,107
156,434
5,052
58,068
807,824
1.966.759
2,696,221
26,084
417,831
30,749
63,154
1,869,301
2.122,551
35,437
25.236


$1,014,421
30,218
465,621
190,520
42,293
67,043
639,955
2,304,824
2,619,900
29,060
454,166
165,840
52.918
1,624,339
2,304,204
55,897
46.262


$15,484
219,266

d 713.588
32,728
586,983
1,301,283
2,463,580
20,490
301,074
37,760
60,770
1,576,386
1,213,357
14,277
31.100


$32,798
102,071

d 32.485
41,333
412,236
1,642,783
2,582,946
23,834
352,251
151,947
73,020
1,389,119
1,435,682
30,479
52.126


$80,869
8,900
235,000


50,000
555,000
1,421,000
2,138,103
12,763
239,944
55,000
55,000
1,150,000
1,620,000

34.608


$70,723
15.500
80,000


60,000
331,000
1,525,000
2,522,240
12,446
314,040
215,000
65,000
1,170,000
1,625,000
3,064
51.568


$1,118,718
2,340,000
60,358
191,987

134,106


$1,118,718
2,340,000
60.358
191,987


Western District Total ............. 21,428,490 32,699,164 14,273,489 25,098.843 20,990,875 28,175,484 3.439.235 3.398.982

Northwestern Region Total .......... d 2.657.831 3,329,971 d 5.471,257 314,548 514,719 1,715,393 3,042,561 3,092,561

Chicago and North Western ............ d 79.52 977,968 d 466.691 576,946 350,000
Chicago Great Western ................ 327,485 314,148 233,170 235,299 164.000 234,000
Chicago,Milwaukee,St.Panl, and Pacific 751,263 1,479,918 148,438 918,467 101,000 839,000
Chicago,Saint Paul,Minneapolis & Omaha d 46.955 d 18.474 d 247.096 216430 -
Duluth, Missabe and Iron Range ....... d 2.100,960 d 1.460.557 d 2.128.212 d 1489851 -
Duluth, South Shore and Atlantic ..... 2,823 42,962 d 4717 29,997 -
Duluth, Winnipeg and Pacific ......... 112,421 32,053 76,420 d 2.03'5 -
Great Northern ....................... d 1.172.443 191,943 d 1.490,164 d 300.414 3,042,561 3,092.561
Green Bay & Western .................. 39,267 58,751 18,577 44,177 29,153 41,393
lake Superior & Ishpening ............ d 130,161d 16.584 d 126.912 10.650 -
Minneapolis A St. louis .............. 188,235 214,306 179,899 199,622 195,000 176,000 -
Minneapolis, St. Paul & S. S. Marie .. d 373.927 d 763d 38.459 -
Northern Pacific .................... d 719,486 965,671 d 1,406,599 221,477
Spokane International ................ 13,454 11,695 1,915 805-
Spokane, Portland and Seattle ........ 457.394 600,109 167,548 322,655 25,566-
Wisconsin Central*" .................. 73,291 26,825 d 68.374 d 122.517 75,000 -

Central Western Region Total ....... 15,307,759 20,323,149 14,083,394 18,844,126 14,154,441 18,927,858 396,674 306,421

Atchison, Toneka and Santa /Fe ..... 5,436,141 5,882,232 5,095,257 5,666,126 5,355,c00 5,918,000
Chicago, Burlington & Quincy ......... 2,108,691 2,885,374 1,692,462 2,521,549 1,823,300 2,.72,500
Chicago, Rock Island and Pacific ..... 1,916,290 2,211,661 1,620,102 2,062,902 1,083,000 1,594,000
Colorado and Southern ................ 109,861 118,215 122,065 1'0,033 101,081 118,087
Colorado & Wyoming ................... 26,777 43,'84 24,562 44,932 29,900 64,600
Denver and Rio Grande Western ........ 537,590 887,654 263,206 570,855 277,400 514,500 -
Fort Worth and Denver ................ 259,129 160,512 176,042 82,593 149,191 78,384
Northwestern Pacific ................. d 18421 d 2565 d 182.17 d 2673 390 -
Sacramento Northern .................. d 1.819 70,574 d 64,808 3,260 -
Southern Pacific ..................... 3,279,220 4,131,265 122,954 857,189 2,012,111 3,276,06 -
Southern Pacific Transp. System a/ ... 4,363,503 5,397,912 3,192,477 4,233,202 3.162,132 4,278,371 -
Toledo, Peoria & Western ............ 97,101 73.756 89,452 68,545 97.758 111,837
Union Pacific ........................ 1,646,963 3,034,253 5,006,149 6,154,494 3,100,000 4,500,000 -
Utah ................................. 8,587 d 13.781 8.738 d 13,647 -
Western Pacific ...................... 157,449 840,615 109.530 707,968 125,700 579,500 396,674 306,421


Southwestern Region Total ..........

Beaumont, Sour lake & Western** .....
International-Great Northern** .......
Kansas City Southern ................
Kansas, Oklahoma & Gulf ..............
louisiana & Arkansas ................
Midland Valley .......................
Missouri-Kansas-Texas ................
Missouri-Pacific** ...................
New Orleans, Texas & Mexico** .......
Oklahoma City-Ada-Atoka .............
St. louis, Brownsville and Mexico** .
St. Louis-San Francisco ............,,
St. Louis, San Francisco and Texas ...
St. Louis Southwestern ...............
San Antonio, Uvalde & Gulf** ....
Texas and New Orleans ................
Texas and Northern ...................
Texas and Pacific ...................
Texas Mexican ......................


8,688,562

59,631
301,285
699,120
127,791
365,953
5,840
615,270
2,584,463
148,506
8,780
161,573
865,739
106,777
788,191
55,983
1,084,283
14,015
671,464
23,898


9,045,844

98,714
281,486
695.250
139,905
248,687
51,774
775,528
2,416,860
220,796
12,252
104,188
1.31,913
19,350
836,481
a 25.314
1,266,647
33,241
698,558
39,528


5,661,352

66,597
94,729
552,489
119,454
334,835
23,840
357,797
1,290,603
d 70.021
9,082
105.995
462,033
106,017
722,917
39,540
928,241
13,806
487,066
16,332


5,940,169 6,321.715


104,408
79,959
536,230
129,262
211,924
61,389
539,543
1,16,.494
3,254
12,041
44,548
673,874
18,931
769,659
d 39.120
1,026,354
33,231
534,023
36.165


286,000
88,000
660,000
145,608
372,000
2,000
272,000
750,000

11,101
83,000
557,500
d 45.000
1,420,385

1,150,021
19,100
533,000
17,000


7.532,233

199,000
96,000
678,000
123,693
261,000
4.000
743,000
1,300,000
6,000
15.306
178,000
682,500
13,000
1,610,223

1,002,311
17,200
578,000
25,000


b Includes Atchison, Topeka & Santa Fe By., Gulf, Colorado & Santa Fe Ry., and Panhandle & Snta Fe. By.
/ Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE : 1952 950193


I I I I I I I


United States T l


page 2


In o.4 18R


1 L6429 351


50,970
57,415
559,303
791.526
14,863
104,499
1,700,483
63,468
29.789
93,616
1,036,212
23,723
39,389
2,471,070
1,610,916
d 47.659
21,556
914,363
50,300
93.129
745 197


64,727
69.409
757,760
714,480
22,308
90,591
1,715,101
638,753
41,760
147,097
1,024,632
118,897
43,781
2,382,406
1,797,266
32,969
75.305
687,619
59,961
124,739
1 032 790


____I~_








Sub jectmtrevision

/.... \


/ .- \


UNIVERSITY OF FLORIDA

I 3 IIII111262 08851 3063III1111111 INTERSTATE COMMERCE COMMISSION
1262 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)


Statement No. M-125
FEBRUARY 1952


UNIV. OF FL LII.
U.. TO






U.S. DEPOMITORY


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION

S Income Items For the month of February For the two months of For the month of February For the two months of For the month of February For the two months of

1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

1. Net railway operating income ......... $75894507 $18 975 852 $141 962 38 4 $98150079 (24194418 6U8 719 624 $46318059 $16 726 004 $7 985 634 $5 378084 $16 207 152 12 635 001
2. Other income .. 16279 736 17570510 34274925 37277804 5 962 338 7150660 12291620 15011393 616 496 582585 1611096 1 395 641
3. Total income.. ..... ...... 92174243 36 546 36 176237309 135427883 30156 756 d 1568964 58 609679 31737397 8602130 5 960 66 17818248 14030642
4. Miscellaneous deductions from income.......... 4312 477 4 126335 8 773 216 8631771 1043102 969 398 2 335202 202 385 447 557 444034 930406 966 916
5. Income available for fixed charges....... 87861 766 32 420027 167 464093 126796112 29 113 654 d2 538362 56274477 29714012 8154573 5 516635 16887842 13063726
6. Fixed charges:
6-01. Rent for leased roads and equipment 9642 415 7872603 19 024517 17 678638 5 558 881 5 540447 11175012 11215396 6220 6 12 6 14 689 14786
6-02. Interest deductions l/ 25 11 397 24 699100 51512506 49518918 11259 961 10 635 410 22443141 21283859 1333 893 1 275481 2 659 280 2 552 440
6-03. Amortization of discount on funded debt 253593 215 235 479 249 431632 72 866 71263 141836 143 098 14 544 14 031 27 158 27152
6-04 Total fixed charges........ 35707405 32786938 71016272 67 629 188 16 E91 708 16247120 33759989 32 642 353 1354 657 1 295 638 2701127 2594378
7. Income after fixed charges..... .. 52154361 d 366 91 96447821 59 166 924 12 221946 d18 785 482 22514488 d 2 2 844 6 799 916 4 220997 14186715 10469348
8 Other Deductions 2 910 608 04557 5839983 6080731 1393 831 13 5 2833757 2 8 8 356 8740 8747 17479 17494
9. Net income. 49243753 d 3 412 490 90607838 53086193 10628 115 d20 248 78 19680731 d 5826697 6791176 4212250 14169236 10451854
10. Depreciation (Way and structures and Equipment) 38 635 544 37 194 255 77 787 055 74 664 922 14192 747 13 788 764 28 616 928 27 902 348 2 679 736 2 783 280 5 754 707 5 540 391
11. Amortization of defense projects .......-
12. Federiatlncome taxes .rj....et.....s.. ...- 52343847 21803352 98585509 78618938 9608428 3827319 18222954 15385884 5875489 3525209 11964005 10667887

13. Dividend appropriations:
13-01. On common stock.......... ......... 28196207 26244118 33665913 32391552 640680 1408765 2018335 3688507 10864059 8127997 10864059 8127997
13-02. On preferred stock ... 16 419 143 32 525 780 23 505 801 39 121662 517 b21 18 82344 3 372 319 21137470 154 550 168 813 154 550 168 813
Ratio of income to fixed charges (Item 5-6-04) 2.46 .99 2.36 1.87 1.72 1.67 .91 6.02 4.26 6.25 5.04


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 1/........................ ...... ..
6-03. Amortization of discount on funded debt..
6-04. Total fixed charges.............. ............
7. Income after fixed charges................... .. ...... --
8. Other Deductions
9. Net income.......
10. Depreciation (Way and structures and Equipment).
11. Amortization of defense proJects...-----.....--......
12. Federal income taxes....... ......................... ....

13. Dividend appropriations:
13-01. On common stock........... ...........
13-02. On preferred stook......... .......
Ratio of income to fixed charges (Item 5+6-04)


SOUTHERN REGION


WESTERN DISTRICT


For the month of February For the two months of For the month of February For the two month. of


$13 877 093
1649 970
15 527 063

865 369
14 661 694
766 299
5 652 266
34 722
4 653 287
10 008 407
330 900
9 677 507

5 532 457
11585 553

1 037 983
10 2 22

3.15


$9 320 52 8
1804 681
11 125 209

869 200
10 256 00 9

768 532
3 634 476
25 978
4 428 986
5 827 023
331021
5 496 00 2
5 213 274
5 261782

1157 835
10 222

2.32


$28 171323
4 058 06 2
32 229 385
1 730 315
30 499 070
1536 034
7 702 26 2
65 322
9 303 618
21195 452
658 027
20 537 425

11 042 164
22 133 298

4 733 360
1199 521

3.28


$23 093 045
4627487
27720532
1 941 512
25 779 02C

1 545 104
7 301293
52 184
8 898 581
16 880 439
646289
16 234150

10 453 084

15 200 641

4719106
1199 521

2.90


$29 637 362
8 050 932
37 888 294
1956 449
35 931845

3 311 015
9 365 277
131 461
12 607 753
23 124 092
1177137
21 946 955
16 230 604
25 274 377

15653 485
15 736 850

2.81


$12 996 864
8 032 584
21029448
1 843 703
19 185 745

1 557 498
9 153 733
103 963
10 815 194
8 370 551
1 242 508
7 128043
15 408 937
9 189 042

15 549 521
13 523297

1.77


$51 265 850
16 314147
67 579 997
3777293
63 802 704

6 298 782
18 707 823
244933
25 251538
38 551 166
2 330720
36 220 446
32 313 256
46 265 252

16 050 159
18 779 411

2.53


$45 696 029
16243283
61939 312
3 699 958
58 239 354

4 903 352
18 381 326
209 198
23 493 876
34 745478
2 518 592
32 226 886

30 769 099
37 364 526

15 855 942
16 615 858

2.48


MILLIONS NET
OF DOLLARS


-10 I I I I I
SF A M J J A 0
1950


160

140

120

100 -







40 -

20 -

.1411


INCOME-ALL CLASS I RAILWAYS


MIL
OF OC


LIONS
ILLARS
1160


NO J FMAN J A OND J FMAJ J19 AONS
1951 1952


I___I .1,


Selected Ependitue and Asset Items


17. Expenditures grossi for additions and betterments-
R oad ......... .. .......................... .... ..........................
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 debits... .. .....


21 Cash....... ................................. .................. ....
22. Temporary cash investments................................................
23. Special deposits................................ ................................
24. Loans and bills receivable................ ...........................
22. 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
32. Total current assets (items 21 to 31)........


UNITED STATES

Balance at the end of February
1952 F 1951


elected Liability Items


UNITED STATES

Balance at the end of February


_________ -- 4 + ______


$47,813,040
187,564,360
476,821,449
88,337,510


897,267,574
908,338,704
70,710,768
1,387,493
58,713,029
167,812,700
472,126,634
930,899,328
17,285,978
221,105,491
36.550.369


3,782,198,068


$42,169,639

123,367,130
476,246,817
104,093,649


946,807,024
1,040,191,972
118,532,134
1,644 954
48,341,261
170,128,179
450,339,102
786,012,999
15,374,03
223,820,649
35.541.926


3,836,734.253


40. Funded debt maturing within 6 months 2/.


41. Loans and bills payable/ ..................................
42. Traffic and car-service balances-Cr. .............
4. Audited accounts and wages payable ......................
. Miscellaneous accounts payable ........ ...........
45. Interest matured unpaid.....................................
46. Dividends matured unpaid.......
47. Unmatured interest accrued.. ...
4. Unmatured dividends declared.. ............ ....
49. Accrued accounts payable.....
50. Taxes accrued....
51. Other current liabilities
52. 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. ...


$186.480.804


2,930,000
106,924,813
532,264,758
191,655,493
29,466,494
13,157,800
95,871,601
57,334,816
276,464,397
977,306,193
88.306.780


2 371.683.145


' -


$146.375.827


4,259,000
116,942,927
588,742,361
202,810,138
30,506,668
10,636,006
93,851,800
71,326,733
223,197,143
943,291,857
94.127.431


23?70 6Q2 064


818,972,837 795,580,209
158,333,356 147,711,648
286,514,037 276,796,927


5-- L, ,


d Deorease, deficit or other reverse item.
TI Represents aooruai, including the amount in default.


AIALXYSI OF NET INOOlM--ALL OLASf I RAILWAY


Period


Reports showing
Net Income

Number Al ount


Reports showing
Net Defiolt
Number Amount


February ... 1952 103 $54,534,344 20 $5,290,591
February ... 1951 85 30,357,770 38 33,770,260
2 month ... 1952 100 105,457,899 22 14,850,061
2 month ... 1951 95 84,783,860 28 31,697,667


* mui5e 4e M e met see. u (er efilst) -a
at wae te ** atrellil osamw.


2/ Includes payment 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 iseue.





I


-T


-I


-T


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-t


1


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I


I


I


J-


I 9 I F F


1 J T t r r "~---


. 9 i r


I


I I









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TWO MONTHS wDED FaBRUIARY 1952 AiD 1951


Page 2


NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDED NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONS INCOME TAXES APPROPRIATIONS
Region and railway Region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

United States Total ..............., $141,962,384 $98,150,079 $90,607,838 $53.086,193 $98,585,509 $78,618,938 $57,171,714 $71.513,214 Soutnern Region Continued
Eastern District Total ............. 46.318,059 16.726.004 19,680.731 d 5.826 697 18,222.954 15.385.884 5.390,654 24.825.977 Clinchfield .......................... $1,742,943 $1.99,593 $161,738 $141,446 -
Columbus and Greenville .............. 19.315 37.132 $23.732 $42,000 16.750 22,343 $19.500 19.500
New England Region Total ........... 3,061.502 2.390.902 851.950 d 152988 1,256,848 878,458 67.718 2,150,785 Florida East Coast................ ... 1.347,14o 1,002.471 603,113 290.791 650,000 250,000 -
Georgia R. R. Lessee Organization .. 307,675 320,113 -
Bangor and Aroostook ................ 453.002 274,151 343.848 186.538 383.592 154,996 47,850 47.850 Georgia & Florida* ..................... 14,883 44,180 d 141.586 d 107.353
Boston & Maine ....................... 340,440 370,684 28770 d 229785 52,897 296,271 2.083.235 Georgia Southern and Florida ......... 126,778 112,664 76,856 61,944 105,000 82,000
Canadian National Lines in New England d 225.636 d 149.20 249.262 81861 Gulf Mobile and Ohio ................. 1.657,400 1.347.081 1,223,993 890,402 1,16000 69.00 -
Canadian Pacific Lines in Maine .... 302,680 411371 Illinois Central ..................... 4,184,038 3,.885,248 2,828.547 2,576.940 3,025,000 2,516,000 2.137.201 2,137.201
Canadian Pacific Lines in Vermont .... d 6 Louisville and Nashville .............. 5,282,325 3.672.595 4.832,815 3.514,444 4,072,906 3,585,580 2.340,000 2,340.000
Central Vermont ...................... 10,531 11,661 268965 d 26376 9.751 Mississippi Central ................. 42,534 42,637 31,684 32.521 26,917 21,820 60,358 60,358
Maine Central ........................ 498.513 523,110 317,543 340,468 352,359 352,440 19,868 19,700 Nashville. Chattanooga & St. ouis ... 880,476 800.385 651,714 579,800 544,071 520.555 191,987 191,987
New York Connecting .................. 234,284 105,265 111,952 d 8.74 -- New Orleans and Northeastern ......... 81,488 284,706 104,884 263,400 140.000 361,000 -
ew Tork, New Haven nd Bartford ..... 1,601,619 1.019,503 871.249 107,866 468,000 65.000 Norfolk Southern ..................... 139,136 117,065 130,141 140,202 130,000 122,000 134,106 119.852
Rutland .............................. 12,903 d 108.966 12.955 1_104134 Seaboard Air Line .................... 3,827,506 2,835.661 3,235.713 2,353,100 2,425,000 1,960,000 -
Southern ............................. 4,4o6,255 3,752,986 2,607,754 2,038,222 3.475,000 2.185,000
Great Lakes Region Total ........... 22,315,160 9,042,473 12,304.033 d 264.057 10,099.793 8.272,091 4.097.981 19,395.481 Tenensee Central .................... 74,420 65,102 32,554 15,192 -
Western Ry. of Alabama ............... 46.930 67.971 49.909 71,330 51,264 60.839
Ann Arbor ............................ 167.559 164.931 135,025 143,200 96,293 128,510 Western -y. of Alabama................46.930 67.971 49,909 71,330 51,264 60,839-
Cabria and Indiana .................. 117,770 125,526 118,104 124,266 127,039 120,036 western District Total ............. 51,265,850 45,696,029 36.220,446 32,226,886 46,265.252 37,64.526 34,829,570 32,471.800
Dela are and Hudson ................... 1,030,228 1,130,871 783,767 870,713 541,000 790.000 ---.
Delaware, ackawnna and Western 1563606 1,14,4 4785 313,445 468.781 21606 422206 422,206 Northwestern Region Total .......... d 936.474 d 824.995 d 6,77.450 d 6,893.165 1.530,799 683391 13.719.795 10.935,220
Detroit and Mackinac ................. 25,882 31.050 18,353 23.625 13,149 39,221- -
Detroit and Toledo Shore Line........ 208.242 163.744 195,845 146,303 180,311 220,970 40.000 40,000 Chicago and North Western ............ d 112,019 d 498688 d 90.9 84.762 2.330,4593
hrie ................................. 3,338,720 2.913,446 2,237,118 1,827,129 1.819.787 1,620.868 2,014,410 2,014,410 Chicago Great Western ................ 635943 612,012 465,079 455.825 330,000 234,000 -
Grand Trunt Western .................. 509.178 1,136,053 t 3 427,313 Chicago,ilwaukee,St.Paul, and Pacific 1,946.5C0 1,161.438 696,947 24,293 657,000 99.000 5,492,895 5 608,700
Lehigh and Hudson River .............. 74,006 89.799 74.231 89,423 34,723 76,341 -- ChicWo,Saint Paul,Minneapolis & Omaha d 22R.502 d 154.77. d 624.587 d 746 -
Lehigh and lNe England ............... 199227 257.921 166,599 233.133 132,902 196.238 Duluth, Missabe and Iron Range ....... d 3.593.727 d 697.57 d .64769 d 2.756.649 47297
Lehigh Valley ...................... 2012,634 1.564.875 1.330,821 725,147 1,060,600 202.300 -- Duluth, South Shore and Atlantic ..... 35.893 1.P40o 118,421 -_
Monongahela .......................... 74,936 63,735 3,353 d 9717 56,867 58,028 -- Duluth, Winnipeg and Pacific ......... 252.814 53,315 180,030 d 15178
Montour.............................. 77.935 70,830 73.904 70,753 49,213 52.365 Great Northern ....................... j__ 86.085 d 6.706 d 1.782.06 d 1,476,058 3,042,561 3,092.561
New Tork Central ..................... 5405.701 d 5.694.278 1,184.214 d 9.363.131 606,725 481,202 Green Bay & Western .................. 64,122 107,769 59,767 131,074 80,003 83,688 125.000 125,000
New Tork, Chicago and St. Louls ...... 3544,031 2.744,878 2,886,596 2,092.471 2,812.700 1,891,100 1,468,865 16,766,365 Lke Suerior & Ishpeming ............ d 235.745 07J400 d 231463 2015 --
New York, Ontario and Western** ...... 92374d 31.301 d .6 26.649 Minneos & St. Louis .............279545 246115 310,705 271.018 318230 219,000 150,000 150,000
New Tork, Susquehanna and Western* .. 75,336 93.251 d 23199 16202 inneaoli St. Paul & S. S. Mare .. 526.383 d 28321 d 502.248 d 6.95 71910 719,104
Pittsburgh and Lake Erie ............. 1.812.340 1.155.591 1,168,240 828730 787.259 843,640 Northern Pacific ..................... 195,918 876,271 d 1.115.9 i 1,859,782 1,239.855
Pittsburg & Shaut .................. 107,407 95,183 83,862 93,013 22.500 Spokane International ................ 27.920 d 19.892 5.074 d 4 8 -. -
Pittsburgh and West Virginia ......... 206.771 195,154 129.908 111.441 113,185 92.477 152.500 152.500 Spokane, Portland and Seattle ........ 907.759 730,235 318.711 165.342 145.566 -
Wabash ............................... 1.856,025 1,630.801 1,406.481 1.249,133 1.199,259 1.220.289 Wisconsin Central .................. 299.573 3 6 4427d 642. 75,000

Central Eastern Reaion Total ....... 20,941.397 5,292,629 6,524.748 d 5409652 6,866.313 6.235.335 1,224.955 3.279,711 Central Western Region Total ....... 34,795.854 12.029.539 31.817.543 30,871,600 31,813,669 27.423,476 15.299.572 15,826.688
Akron, Canton & Toungstown ........... 111.353 10,4524 95.361 94,643 73,226 79,673 95.939 99.349 Atchison, Topeka and Santa Fe ..... 11.602,182 9,837,772 10,715.930 9,211.803 11,140,000 8,403,000
Baltimore and Ohio ................... 7,030,463 4,621,497 3,485,570 1,112,479 1,261.000 380.000 Chicago, Burlington & Quincy .......... 4.776.675 5,623,645 3,968,020 4,839,310 3.918,400 ,822,200
Besseaer and Lae E rie ............. 231,378 140.793 209,422 117,608 185,335 290.589 Chicago, Rock Island and Pacific ..... 3,874.590 3.017.261 3.358,325 2,774,29 2,275,000 1.989,000
Central R. Co. of Nw Jerser ...... d 3478 98.672 d 662212 850,908 400 400- Colorado and Southern ................ 253,092 224.566 270916 226,470 248,742 234,579
Central R. R. Co. of Psnnsylvania .... 1.596.171 1,175.503 960.944 590.175 29,400 1,165 1,830,100 Colorado & Wyoming .............. 59408 97,755 52.553 100,488 65,900 77.200
Chicago & Eastern Illinois ........... 769,330 545.189 504,015 290,759 423.600 234,300 Denver and Rio Grande Western ........ 1.532,352 1.805,735 953.560 1.186,947 1,027,255 1,043,800 1,978,242 2,681,596
Chicago & llinois Midland ........... 16.879 215,127 1.910 140,542 900 134,377 Forth north and Denver ...............579,152 367.969 410.417 192.533 373,035 191.396 -
Chicago, Indlanapolis and Louisville 246,843 249,823 118,892 132.566 130,000 133,000 429,642 429,642 Northwestern Pacific ................. d 197,521 d 12 617 i 19.403 11240
Detroit. Toledo and Ironton .......... 419.853 671.574 358,972 614,914 357,122 711,030 221,002 Sacramento Northern .................. 117593 142,650 d 12.60 7.540 -
.lgin, Joliet and Eastern ............ 366,274 63,360 346,43 614,7 661510 99952 Southern acific ..................... 7,268,561 5.78,758 1.561,125 1,620.538 4,799,721 3,968,241 5,376,519 5290,534
Illinois Terminal .................... 86,864 113,958 19.784 27,810 45.338 Southern Pacific Transo, System / ... 9,528,]57 7,051,684 8,102,501 5,736,174 769,347 5.202.91 5,376,519 5,290.534
Long Island ........................ d 2.220,524 d ..2 d 2703.810 61.817.079- Toledo., Peoria Western ............... 176.069 188,422 167,920 176,651 183.616 283,260 --
Mlissouri-Illinois ...................... 147,211 126.296 151,141 130.972 104,500 173,200 Union Pacific ......................... 4,178,834 3.978R649 10,134,813 9,430,964 7,300.00 6,500,0006. 7,548,137 7,548.137
Pennsylvania ......................... 9,565.365 3,454,071 1,639,965 d 9,42902 865.000 722,000 Utah ................................ ... 3,R24 d 55.452 4,100 ,- 43 -.
Pennsylvania-Reading Seashore Lines .. 2 0 d 882.6L9..L053967 90,977 75,039 Western Pacifc...................... 571,043 1,558,446 425,627 1,296,450 482,000 910,800 396,674 306,421
Reading .............................. 2.587,205 2,004,246 1,949,380 1.364,170 1,559,533 1,227,697 699,374 699,618
Staten Island Rapid Transit .......... d 18635 d 37.626 d 105405 12238 -
estern Maryland ........................ 1,568,431 1,442.816 1,060,369 994.607 1,096.000 1.028,000 Southwestern Rerion Total .......... 17.406,470 ]4.491,4P5 11,177.353 8.248,451 12,920.784 9,57,659 5,810P,23 5,709.892
Southern District Total ............ 44,378,475 35.728.046 34.706,661 26,686,004 34.097.303 25,868.528 16.951,490 14,215,437 Beaumont, Sour Lake & eastern ...... 234,14 281,439 249,311 293,102 486,000 185,000 -
International-Great Northerne ....... 552,816 367,226 118.227 d 33,357 88,000 -
Pocahontas Region Total ............ 16.207.152 12,635,001 14,169.236 10,451.854 11.964,005 10.667.887 11.018,609 8,296,810 Ianae City Southern ................. 1,0 6.088 1,279,051 1,056,391 960,363 1,350,000 1,263,000 846,999 846,999
Kanmas, Oklahoma & OGulf .............. 250,376 261.682 231,361 238,757 281,993 231.213 -
Atlantic and Danville ................. 29.253 30,417 11.426 12,373 3.334 u- L slsna& Arkansas ................. 723.360 447.477 618,750 372.850 599.000 477,oo0 -
Chepeake and Ohio .................. 8.823,663 6,607,616 6,919,945 4,751,511 4.505.000 4.920,000 6,017.372 4.077.,361 Midland Valley ....................... d 95 8,272 6,026 44688 4,000 20,000 -
Norfolk and Western .........;.........: 674151 3,959,946 4,68,428 3,964,575 5,200,000 3,800,000 4,219,449 4,219,449 M ourinsa Tex ................ 1551798 1288,86 1022.4 803.915 896,000 1,007,000
Richmond, Fredericksburg and Potomac. 662.370 629,812 672.521 647,194 907,000 61,000 Missouri-Pacifio.. ................... 4,792,473 3,475,218 2,150.,137 979,416 1,450.000 700.000 -
Virginian ............................ 2.017,715 1,407210 1.881,916 1,076,201 1.352.005 1.3263 781,788 New Orleans, Texas & Mexcoe........ 459,284 173.759 26,277 d 256.011 50,000 6,00
Oklahoma City-Ada-Atoka .............. 19,051 21,194 18,719 20,436 22,878 27,629 -
Southern Region Total .............. 28.171,323 23,093,045 20,537425 16,234,150 22,133,298 15,200,641 5.932,881 5,918,627 St. Louis. Brownsville and Mexiooe .. 233,152 343.685 124,779 232876 244,000 164,000o
St. Louis-San Franciaco .............. 1.796.257 1.864,430 988,768 953,046 988.0oo 986.000 3.969.019 3,868,708
Alabama Great Southern ............... 177.390 277.525 139,281 242,682 190,000 240,000- St. Loui, Sa n rancisco and Txas ... 196,0 7 75.160 194,565 3.889 d 1, 91,000 386
Atlanta & Saint Andres ay .......... 107,143 97093 109529 9296 154,882 145,433- St. I u Southwestern ............... 1,634 1.558.870 1.9.63 116,769 2,88.421 1.790,017 994,185 994.85
Atlanta & West Point .................. 68,299 28,337 81,272 40,654 78.096 34,980 -San Antonio, Utalde & eGulf* .......... d 65.750341 1,935 7 97,125 d 13,4.792 -, 4
Atlantic Coast Line .................. 2,221,288 993189 3.024,573 2,136,139 4,600000 1.175,000 1.029.284 1,029.284 Texas and New Orleans ................ 2.259,596 1,672,926 1.930,436 1,192.591 2,369,626 1,234.700
Central of Georga ................... 450788 325,769 258587 235,045 228,67 183.65 Texas and Northern .................. 6,411 46,466 36,018 46.446 48,800 28,100
Charleston & Western Carolina....... 12944 142,473 61,268 86.11 6,114 45ooo 80,000 Texas and Pacific ....................... 3,835 1.332,429 966,524 1,C0540 1,156.000 1.017.000 o- -
Cincinnati,New Orleans & Texan Pacific 837.229 911,069 571,092 637,285 850,000 815,000 20,445 20,445 Teas Mexican..........................35,484 58.608 17,142 37,077 18,000 30,00 -


* Report of receiver or receivers.
- Report of trustee or trustees.
9 Deficit or other reverse tem.


/ Includes Atchison, Topeka &Santa Fe Ry., Oulf, Colorado & Santa Fe ly., and Panhandle & Santa Fe. Ry.
9/ Data not included in totals. Includes Southern Pacific Comoany, Texas and New Orleans R. R. Co., and leased lines.


U. S. GOVERNMENT PRINTING OFFICE 1952 O 950193







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
MARCH 1952


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 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

1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

1. Net railway operating income... 76 638 822 $80 312 072 218 601207 $178 597150 $24 719 194 $25 545 671 $71037252 $42406675 $7 960 66 $7 617 26 $24 167 718 $20252287
2. Other income.. 16899372 19916987 51174296 57194791 5694344 8 50855 18185965 23962249 579778 693611 2190874 2089252
3. Total income.. ..... 93 538 194 100 229059 269775503 235 791941 30613538 34 4'6G 526 89223217 66368924 8540344 8310897 26358592 22 341539

4. Miscellaneous deductions from income ... ... 4041112 8759 387 12 814329 17391156 1082 53 5 1 639 104 3417737 3662569 434 129 547141 1 364535 1514057
5. Income available for fixed charges .. 89497082 91469672 256961174 818400785 29531003 32657342 85805480 62706355 8106215 7 763756 24994057 20827482
6. Fixed charges:
6-01. Rent for leased roads and equipment 10228237 10067884 29252755 27746523 5497397 5752260 16672410 17007656 6477 9494 21166 24280
6-02. Interest deductions / .. 25894787 24801798 77407292 74320717 11322821 10650700 33765961 31942560 1 334491 1287891 3993771 3840331
6-03. Amortization of discount on funded debt 240639 235746 719888 667377 76 646 71 056 218462 214153 11 232 11 639 38 590 38791
6-04. Total fixed charges ... 636363663 35105428 107379935 102734617 16696864 16 520016 50656853 49164369 1352200 1 309024 4053327 3903402
7. Income after fixed charges .. 53133 419 56364244 149581239 115 666 168 12634139 16 335 326 35148627 13541986 6754 015 6454 732 20940730 16 924080
8. Other Deductions 2694617 3038023 8734600 9118754 1396885 1428818 4230642 4327174 8 739 8747 26218 26241
9. Net income.. 50238802 53 326221 140846639 106547414 11237254 14 P06508 30917985 9214812 6745276 6445985 20914512 16897839

10. Depreciation (Way and structures and Equipment) 39675956 38973617 117403010 113638539 14649 746 14 342 897 43466673 42245245 2951457 2797960 8706164 8338351
11. Amortization of defense projects..... -
12. Federal income taxes 55343676 48335174 153929185 126 819 112 11502628 10804853 29725582 26055737 5691749 6899784 17655754 17567671

13. Dividend appropriations:
13-01. On common stock .. 18745474 22577275 52411387 54968827 7533810 8846578 9552145 12535085 206686 781788 11070747 8909785
13-02. On preferred stock 3 720306 5550476 27226107 44672139 1549623 1741498 4921942 22878969 154550 168813
Ratio of income to fixed charges (Item 5+6-04) 2.46 2.61 2.39 2.13 1.75 1.99 1.69 1.28 5.99 5.93 6.17 5.34


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. Amortization of discount on funded debt
6-04. Total fixed charges
7. Income after fixed charges ....
8. Other Deductions
9. Net income
10. Depreciation (Way and structures and Equipment).
11. Amortization 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)


Selected Expenditure and Asset Items


SOUTHERN REGION


WESTERN DISTRICT


For the month of March For the three months of For the month of March For the three months of
r7-7 -T


1952


$16 163 4 53
1697 554
17 861 007

745 896
17 115 111

676 563
3 883 395
30 453
4 790 411
12 324 700
330 575
11 994 125

5 602 717

13 319 602

1 086 500
764108

3.57


$17 275 212
1 835 610
19 110 822

4 895 826
14 214 996

776 527
3 667 995
35 633
4 480155
9 734 841
337 451
9 397 390

5 272 688

4 695 499

984 012
764 108

3.17


$44 334 776
5 755 616
50 090 392

2 476 211
47 614 181

2 412 597
11 585 657
95 775
14 094 029
33 520 152
988 602
32 531550

16 644 881

35 452 900

5 819 860
1963 629

3.38


(40 368 2 57
6463096
46 831 353

6837338
39 994 015

2 321631
10 969 288
87817
13 378 736
26 615 279
963 740
25631539

15 725 772

19 896 140

5703118
1963629
2.99


$27 795 609
8 727 696
36 523 305

1778 552
34 744 753

3 647 800
9 354 080
122 308
13 324 188
21 420 565
1 158 418
20 262147

16 272 036

24 629 697

9 918 476
1406 575
2.61


1951


$29 873 903
8 436 911
38 310 814

1 677 236
36 633 578

3 489 60 3
9 187 212
117 418
12 794 233
23 839 345
1 263 007
22 576 338

16 560 072

25 935 038

11964 897
3 044 870
2.86


1952


$79 061461
25 041841
104 103 302

5 555 846
98 547 456

10146 582
28 061903
367 241
38 575 726
59 971730
3 489138
56482592

48 585 292

71094 949

25968 635
20185 986
2.55


I S ______ L $


UNITED STATES

Balanoe at the end of March


Selected Liability Items


$75 569 931
24 680194
100 250 125

5 377192
94 872 933

8 392 956
27 568 536
326 616
36 288 110
58 584 823
3 7815 99
54 803 224

47 329171

63 299 564

27 820 839
19 660 728
2.61


UNITED STATES

Balance at the end of March


_ 1952 1951 _1952 1951


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.


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


d Decrease, deficit, or other reverse item.
Y/ Represents accruals, including the amount In default.


$73,870,408

271,134,284
476,726,925
85,809,279


815,294,090
810,362,030
83,068,384
1,435,062
61,891,126
161,132,137
469,139,906
936,414,088
15,916,414
217,464,006
35,116,183


3,607,233,426


$67,109,528

215,136,535
476,786,196
102,712,271


806,197,569
952,538,725
127,261,519
1,652,727
61,152,595
161,484,341
462,132,104
814,151,509
15,498,744
234,202,704
34,6?1,432


3,670,893.969


40. Funded debt maturing within 6 months 2/_


41. Loans and bills payable /
42. Traffic and car-service balances-Cr.
4. Audited accounts and wages payable
Miscellaneous accounts payable
45. Interest matured unpaid
46. Dividends matured unpaid
47. Unmatured interest accrued
1g. Unmatured dividends declared
49. Accrued accounts payable
50. Taxes accrued
51. Other current liabilities

52- 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


$180,222,490


2,911,591
91,071,015
509,031,553
200,156,017
60,450,967
20,963,692
76,198,153
26,948,034
280,057,255
833,245,349
92,751.158


$145.138,130


4,368,500
93,566,910
551,578,692
234,752,069
61,415,746
19,063,028
73,813,564
32,986,700
220,321,905
846,602,254
97,434,516


2,193,784,784 2,235,903,884


667,166,606
166,078,743
275,730,008


690,261,658
156,340,596
282,437,953


__ __ __ _ __ _I_ _


MILLIONS NET
OF DOLLARS
1601


100


80


60


40


INCOME-ALL CLASS I RAILWAYS MILLIONS
OF DOLLARS


- 1 -1160


SI 'i Ii I I 0,
JFMAM J J A ON J FMAM J J ASONOJ FMAMJ J AS N O
1950 1951 1952


ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS


Period


Report showing Reports showing
Net Income Net Deficit


Number Amount Number Amount

March...... 1952 102 58,741,117 20 $802,315
March ...... 1951 102 60,751,028 21 7,424,807
3 months ... 1952 99 162,321,321 23 21,474,682
3 months ... 1951 97 142,489,185 26 35,941,771


* xBlaes 4 reds whose met income (or deficit) ws
abesobe*d the eontrolling ceome.


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


Subject to revision


1 I


I


-t-


-r-


-t


-t


I I


~L~ _~L ~L~I


I


I


=- -


. .





-7^^/ / y1AfUNIVERSITY OF FLORIDA

/1111 111111111 1111111111 INTERSTATE COMMERCE COMMISSION

3 1262 08851 3071 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


.page 2


^ ^


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TH E MONTHS ID MABCH 1952 AND 1951


it


NI E RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND NET RAILWAT OPERATING ET INCOME FEDERAL INCOME DIVIDEND ,
INCOME TAXES APPBOPRIATIOHS INCOME TAKES APPROPRIATIONS
Bsgion and railway Reion and railway ..
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951


United States Total .. d


cH





"


Eastern District Total ............. 71,037,252 42,406,675 30,917.985 9.214,812 29,725,582 26,055,737 14,474,087 35,414,054

New England Region Total .......... 5,277,198 4,336,772 1,841,965 654,305 2,235,974 1.396.419 67,718 2,150,785

Bangor and Aroostook ................. 764,488 489,043 606,691 359,708 616,050 328,166 47,850 47,850
Boston & Maine ....................... 836,179 773,900 d 107.467 d 125.468 277,335 402,342 2,083,235
Canadian National Lines in New England d 288.910 d 205.025 d 324620 d 254632 -
Canadian Pacific Lines in Maine ...... 537,895 612,891 -
Canadian Pacific Lines in Vermont .... d 210336d 164753 -
Central Vermont ....................... 56,662 184,990 d 360.772 d 227.516 9,751
Maine Central ........................ 855,814 812,956 583,062 535,718 649,589 556,160 19,868 19,700
New York Connecting .................. 327,868 231,481 136,153 56,812 -
New York, New Haven and Hartford ..... 2,381,962 1,759.722 1,292,127 461,240 693.000 100,000
batland .............................. .. 15,576 d 158.433 16.791 d 151,557- --

Great Lakes Region Total ........... 31,870,950 21,630,132 16,933,818 9.491.539 16,069.370 14,192,313 5.648,071 21,543,908

Ann Arbor ............................ 247.175 282,836 196,868 243,477 138,137 212,746 -
Cambria and Indiana .................. 173,023 199,176 175,336 198,342 189,107 191,057 60,000 60,000
Delaware and Hudson .................. 1,788,260 1,687,389 1,386,660 1,304,620 960,000 1,198,000 -
Delaware, Lackawanna and Western ..... 2,408,522 1,310,621 1,326,079 2,757,819 780,743 734,977 422,206 422,206
Detroit and Mackinac ................ 42,464 64,807 30,250 56,283 28,449 91,074 -
Detroit and Toledo Shore Line ........ 334,205 255,670 313,560 228,773 292,397 338.915 60,000 60,000
brie ................................. 5,280,560 4,658,872 3.616,202 3,017,997 2,895,181 2,677,212 2,014,410 2,014,410
Grand Trunk Western .................. 1,143,006 2,263.579 241.239 674,468 1,480 -
Lehigh and Hudson River .............. 116,326 129,799 117,816 130,259 64,182 120,665 70,455 70,605
Lehigh and New England ............... 328,770 351,889 279,042 313,913 228,004 268.182
Lehigh Valley ........................ 3,029,893 2,235,355 2,021,324 1,003,542 1,522,300 312,036
Monongahela .......................... 132,099 128,568 23,736 17,337 85,298 87,043
Montour T............................. 119,315 93,310 112,371 93,236 78,034 73,994 -
New York Central ..................... 5,045,869 d 2.363.671 d 12395 d 7.955.73 925,335 732,539 -
New York, Chicago and St. Louis ...... 5,662,357 5,029,599 4,625,471 3,948,815 4,593,500 3,413,400 1,468,865 16,766.366
New York, Ontario and western ...... d 11869 d 71087 d 40.716 d 433841 --
New York, Suequehanna and Western** .. 150,445 142,739 1.505 18,206 16,145 -
Pittsburgh and Lake Brie ............ 2,470,877 1,939,718 1,631,367 1,299,973 1,016,249 1,348,670
Pitteburg and Shawmut .............. 154,372 118,105 118,902 105,782 22,500 -
Pittsburgh and West Virginia ......... 346,179 353,966 230,138 228,747 208,021 188,502 152,500 152,500
Wabash ............................... 3,015,302 2,818,892 2,330,623 2,239.564 2.062.953 2,164,656 1,399,635 1.997,821

Central Eastern Region Total ....... 33,889,104 16,439,771 12,142,202 d 931.032 11,420,238 10,467,005 8,7,8,298 11,719,361

Akron, Canton & Youngstown .......... 178,972 173,062 149,714 154,623 102,088 132,861 95.939 99,349
Baltimore and Ohio ................... 10,974,785 7,941,114 5,626,509 2,534,657 2,356,564 1,412,506
Bessemer and lake Erie ............... 373,217 677,942 335,011 639,871 284,084 520,289 149,988 149,988
Central R. R. Co. of New Jersey ...... d 1.226722 d 1382.122 1.04.115 957,587 600 600 --
Central R. R. Co. of Pennaylvania .... 2,308,035 1,831,330 1,362,400 951,663 70,030 850 2,287,625
Chicago & Eastern Illinois ........... 1,130,230 871,590 710,665 491,971 583,800 381,700 191,875
Chicago & Illinois Midland ........... 52,954 326,096 30,780 216,778 31,688 217,771 -
Chicago, Indianapolis and Louisville 459,527 400,706 265,654 218,830 290,000 220,000 429,642 429,642
Detroit, Toledo and Ironton .......... 720,608 965,207 627,342 882,432 634,324 981,098 477,931
3lgin, Joliet and Eastern ............ 728,923 862,523 693,587 812,959 1,285,969 1,542,819 -
Illinois Terminal .................... 154,730 194,949 20,015 53,662 56,510 80,284 100,000 100,000
Long Island" ........................ d 2.6228 d 2,269 4 1d 322273957 d 2..3 -
Missouri-Illinois .................. 224,430 199,498 230,129 205,679 188,400 294,200 -
Pennsylvania ......................... 15,159,959 1,746,173 3,271,859 d 8.047.074 1,346,000 1,084,000 6,583,877 6,583,877
Pennsylvania-Reading Seashore Lines .. d 1.102.330 d 1337.953 d 1.333.830 d 1.565.203 136,466 112.559
Reading .............................. 3,927,168 3,073,112 2,969,045 2,120,594 2,384,715 1,882,468 1,398,852 1,399,074
Staten Island Bapid Transit .......... d 4206.43 4 -
Western Maryland ..................... 2,403.589 2242,403 1,632,862 1.575,742 1.669,000 1,603.000 -

Southern District Total ............ 68,502,494 60,620.544 53.446,062 42,529,378 53,108,654 37,463.811 19,008,786 16,745,345

Pocahontas Region Total ............ 24.167,718 20,252,287 20,914,512 16,897,839 17,655.754 17.567,671 11.225,297 9,078,598

Atlantic and Danville ................ 42,841 45,274 16,226 18,538 5,001 -
Chesapeake and Ohio .................. 13,355.185 10,545.684 10,411,401 7,690,869 6,940,000 7,970,000 6,017,372 4.077,361
Norfolk and Western .................. 7,062,379 6,475,742 7,076,105 6,475,905 7,300,000 6,400,000 4,219.449 4,219.449
Richmond, Fredericksburg and Potomac 1.017,016 1,009,709 1,033.812 1,033,977 1,409,000 988,725 206,688-
Virginian ............................ 2,690,297 2,175.878 2,376,968 1,678,550 2,006,754 2,203.945 781,788 781,788


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

Alabama Great Southern ..............
Atlanta & Saint Andrews Bay ..........
Atlanta & West Point ...............
Atlantic Coast Line .................
Central of Georgia ...................
Charleston & Western Carolina ........
Cincinnati,New Orleans & Texas Pacific


44.334.776 40.368.257 32.531.550 25.631.539 35.452.900 19.896,140 7,783.489 7,666.747


359.960
138,372
48,316
1,718,712
439.755
204,929
1.512.185


324,919
164,685
104,388
4,860,179
411.966
92,801
1.051.751


307,204
132,321
64,209
2,912,445
349,401
121,189
1.098.530


430,000
236,411
95.451
7,200,000
294,174
60,000
1.725.000


330,000
208.068
54,931
1,625,000
225,485
110,000
1.510.000


24,000

1,033,169

30.668


12,000

1,033,169

10.668


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


Clinchfield ..........................
Columbus and Greenville ..............
Florida Last Coast** ................
Georgia R. B. Lessee Organization..
Georgia & Florida* ..................
Georgia Southern and Florida .........
Gulf Mobile and Ohio ................
Illinois Central .....................
Louisville and Nashville ............
MissEisippi Central .................
Nashville, Chattanooga & St. Louis ...
New Orleans and Northeastern .........
Norfolk Southern .....................
Seaboard Air Line ....................
Southern ............................
TennesEee Central ....................
Western BR. of Alabama ...............


$2,488,986
37.167
2,060,559
480,620
41,221
201,991
2,580.526
6,654,943
7.336,786
63,861
1,350,392
310,985
226.871
5.946,230
7,255,111
67,225
88.144


$2,815,126
52,421
1,497,789
491,863
68,136
164,053
2,134,474
9.831,566
5,490,359
57,908
1,203,286
459.577
198,313
4,497,.572
6,795,302
73,893
114.390


$42,678
934,750
---^
d 193,Z61
127,686
1,892,088
4,656,017
6,745,543
49,120
1,001,754
343,526
210,460
5,056,994
4.568.783
1,826
87.4051


8 1 -..-. .. .... 1- .-7.
Western District Total ............. 79,061.461 75,569.931 56,482,592 54,803,224 71,094,949 63.299.564 46,154,621 47,481.567

Northwestern Begion Total .......... d 499.875 1.613296 9..5 968.698 2,384,365 1,391,367 16,260,652 15,580,936

Chicago and North Western ............ 6100 21 6 d 1 8732 2,330,453
Chicago Great Western ................ 952,429 796,84 688,2 564709 530,000 326,000 228,818 274,578
Chicago.Milwaukee,St.Paul, and Pacific 2,843,475 2,207,420 1,016,798 515,644 937,000 573,000 7,616,108 9,855,128
Chicago,Saint Paul,Minneapolis & Omaha d 18.4 823.5 4 1420847 -
Duluth, Missabe and Iron Bange ....... 4.628.909 4.71327229 -
Duluth, South Shore and Atlantic ..... 61,718 158,641 116,972 -
Duluth, Winnipeg and Pacific ......... 399.427 134,942 290,087 31915 -
Great Northern .......................042 6 8 1.869.628 636 -- 3,042,561 3,092561
Green Bay A Western .................. 105,431 186,430 81,176 195,079 112,269 142,664 125,000 125,000
Lake Superior & Ishpening ............ d 352.029 279,357 d 345.420 d 270.33 74,970 53.550
Minneapolis & St. Louis .............. 433,512 346,786 458,484 363.910 459,530 322,000 150,000 150,000
Minneapolis, St. Paul & SS.S. Marle .. d 8 4 d 764,26 d 860431 d 735.452 719,104 719,104
Northern Pacific .................... 1,202,334 1383,369 d 786.625 892.829 1,859,782 1,239,855
Spokane International ............... 55.758 17,256 21,341 d 15.479 113,856 71,160
Spokane, Portland and Seattle ........ 1,401,813 1,214,409 531.877 361,888 345,566 -
Wisconsin Central*" .................. 392.518 d 271.309 a 52.752 d 742441 75,000 -

Central Western Region Total ....... 53,077,890 53.743.342 48,139,303 51.165 298 48,562,855 45,541,908 22,443,986 24,550,959

Atchison, Topeka and Santa Fe h ..... 17,480,438 16,094,692 16,211,701 15,055,235 16,782,000 14,021,000 4,854,120 4,854,120
Chicago, Burlington & Quincy ......... 7,083.790 9,366,951 5,921,165 8,169,824 5,654,500 6,343,500 -
Chicago, Bock Island and Pacific ..... 5,558,276 4,546.965 4.783,770 4,136,012 3,123,000 2,960,000 2,290,294 1,938,115
Colorado and Southern ................ 397,354 363,218 431,361 364,101 402,476 381,998 -
Colorado & Wyoming .................. 91,625 130.657 82,653 134,758 111,400 121,700
Denver and Rio Grande Western ........ 2,480,285 2,755,002 1,627,883 1,830,703 1,762,855 1,625,400 1,978,242 2,681.596
Fort Worth and Denver ................ 885,844 583,183 617,960 309,575 567.811 310,706
Northwestern Pacific ................... d 183.326 d 51.806 d 176.976 .26 ----
Sacramento Northern .................. 117,715 191,027 d 78.998 d 34- -
Southern Pacific ..................... 11,713,867 9.793,978 2,676,941 3,315,072 8.134,347 6,916.704 5,376.519 5,290.534
Southern Pacific Transp. System c/ ... 15,223,622 12,557,924 13,294,504 10,764,279 11,832,443 9,008,907 5,376,519 5.290.534
Toledo, Peoria & Western ............. 266,379 264.893 252,566 246,559 276,166 400,100
Union Pacific ........................ 6,167,421 7.514,099 14,963,695 15,837,142 10,800,000 11,000,000 7,548,137 7,548,137
Utah ................................. d 18.292 6 101.597 d 17.8 C 101' 2 -
Western Pacific ...................... 1,036514 2,292,080 43,430 1,932.947 948,300 1,460,800 396,674 2,238,457


$58,757
417,964

d 159.944
88,298
1.405 431
3,842,004
5,352,895
43,693
861,071
427,856
218,002
3,747.634
4,229,480
6 14. 71


$242,607
40,700
985,000


170,000
1,806,000
5,204,000
5,668,509
47,812
792,838
500,000
196,701
3,780,000
5,880,000

97.697


$212,169
34,443
370,000


112,000
1,163,000
188,590
5,285,820
33,383
774,459
578,000
192,000
3,110,000
3.680,000
98 792


$19,500




2,137,201
2,340,000
60,358
191,987

13.812106
1,812,500


$19,500




2,137,201
2,340,000
60,358
191,987

241,864
1,600,000


Southwestern Begion Total ..........

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


26.483.446 23,439,885 17.755.853 14,606,624 20,147,729 16,366,289 7,449,983 7,349,672


432.223
813,443
2,033,803
360,953
1,148.715
d 23.376
2,585,563
6,754,812
702,266
35.373
294,939
2,802,568
245.405
2,616,761
d 23.842
3,509.756
60,481
2,057,117
76,486


409,086
668,717
1,989,863
431,145
681.063
72,521
1,987.581
5.776,078
274,869
36,095
443,590
3,160,593
101.502
2,583,293
d 181.W
2,763,945
66,580
2,065,931
109,407


451,304
192,885
1,585.995
331,088
988,471
& 13.756
1,787.591
3,394,220
53,058
34,231
132,047
1,599,355
240,987
2,416,765
6 71.682
3,018,100
59,903
1,508.315
46,976


426,540
65.045
1,515.177
396,738
571.449
66,941
1,243,436
2,578.302

3230
275,637
1,792,795
99,388
2,370,618
d 227834
2,036,698
66.550
1,588,656
76,667


710,000
88,000
2,030,000
403,491
934,000
6,000
1,634,000
2,150.000
50,000
41,838
310,000
1,513,900
68,666
4,447,438

3,698,096
90,300
1,918,000
54,000


280,000
58,000
1,863,000
378,470
756,000
28,000
1,477,000
1,800,000

44,370
181,000
2,015,400
106,000
3,392,046

2,092,203
48,800
1,781,000
65,000


846,999







3,969,019

1,853,240



780,725


846,999




-


3,868,708

1,853,240



780,725


-- Includes tchison, TaakaI&ISantaFe.By....Gul,.Colorado Santa -11B. and.Pnhandl-&-SantIFeIBy


b Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe By.
c Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans B. B. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE : 1952 0 950193


382,890
162,831
89,463
4,156.054
703,278
193,016
1.455.626


I I


l


I


I


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ol


I






2Su / s bject to rev s



Subject to revision


UNIVERSITY OF FLORIDA

I lllI lllllllllllllI |H 1 AIIIIlllllllll IIIIIIll
31262088512826 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
APRIL 1952


SELECTED INCOME AND BALANCE-SHEET ITEMS OF CLASS 1 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 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
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

1. Net railway operating income ................ .--------------- $72337896 $72689500 $90 939103 2513216 50 $23197197 $21739814 $94234449 64181489 $6546487 $7027165 $3071420527279452
2. Other income .......--- -- -- -- -- 16719 771 16 981 617 67 894 066 74176407 7249 715 6342190 25435680 30304439 682 624 749067 2875498 2838 319
3. Total income....... ..------------ ........................... 89057667 89671117 358833169 325498057 30446912 28082004 119670129 94485928 7229111 7776252 33587703 30117771
4. Miscellaneous deductions from income................ 4151064 4413152 16965392 21804309 975413 1121675 4393150 4784244 463443 532637 1827978 2046694
5. Income available for fixed charges ........... 84906603 85257965 341867777 303693748 29471499 26960329 115276979 89701684 6765668 7243595 31759725 28071077
6. Fixed charges:
6-01. Rent for leased roads and equipment........ ..-.10555999 10244138 39808753 37990661 5734135 6224828 22406544 23232484 9 740 6283 30906 30563
6-02. Interest deductions/ .........--- --.... 25842338 24813195 103249632 99133911 11298566 10679892 45064528 42622452 1365398 1273560 5359169 5113891
6-03. Amortization of discount on funded debt ..... 237 755 245 157 957 641 912 534 75 470 75 475 293 952 289 628 13 421 11 502 51 811 50 293
6-04. Total fixed charges ... 3--------- 6636092 35302490 144016026 138037106 17108171 16980195 67765024 06144564 1388559 1291345 5441886 5194747
7. Income after fixed charges ........... --- 48270511 49 955475 197851751 165 656642 12363 328 9 980 134 47 511955 23 557120 5377109 5952 250 26 317839 22876330
8. Other Deductions 2929557 3085679 11664157 12204433 1425685 1490162 5656327 5817336 8739 8747 34957 34988
9. Net income.. ... .... 45340954 46869796 186187594 153452209 10 937643 8489972 41855628 17739784 5368370 5 943503 26 282882 22841342
10. Depreciation (Way and structures and Equipment)...... 39 820844 38 469 824 157 223 854 152108 363 14 929 962 14 532 410 58396634 56777655 2974913 2816048 11681077 11154399
12. Federal income e taxess-............ ...... .......------- .38499561 40097763 192428746 166881876 6411603 7929953 36137185 33950691 4037460 6106959 21693 14 23674630

13. Dividend appropriations:
13-01. On common stock ... 13409440 7856422 65820827 62825249 935050 20000 10487195 12555085 5862822 16933569 8909785
1302. On preferred stock ................... ... 2926979 1991118 30153086 46663257 491175 347301 5413117 23226270 374455 216404 529005 385217
Ratio of income to fixed charges (Item 5+6-04) 2.32 2.42 2.37 2.20 1.72 1.59 1.70 1.36 4.87 5.61 5.84 5.40


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 1/..................... ......
6-03. Amortization of discount on funded debt...
6-04. Total fixed charges...... ...
7. Income after fixed charges............. .........-..
8. Other Deductions .
9. Net income......
10. Depreciation (Way and structures and Equipment)......
11. Amortization 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)


Selected Expendtue 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.... ..................


21. Cash......... .. ... .................................. ...........
22. Temporary cash investments........ .................... .............
23. Special deposits.............. ........ ... ..................- ----.......
2. Loans and bills receivable.........................................
22. Traffic and car-service balances-Dr................
2 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

32. Total current assets (items 21 to 31)...


SOUTHERN REGION


For the month of April


$11 363 118
2 416 00
13 779 127
751 480
13 027 647
786 30 5
3 667 723
53 376
4 507 404
8 520 243
334 465
8 185 778
5 374 235
7 563 820

7 776 422
1427 413
2.89


For the four months of
1952 1 1951


$ 58 213 420
7 831532
66 044 952
3 153 284
62 891668
3188 089
15 395 831
129 420
18 713 340
44 178 328
1 315954
42 862 374
22 355 583
45 445 627

11097625
2 432468
3.36


$51731 375
8 879105
60 610 480
7 588 819
53 021661
3107 936
14 637 010
141193
17 886 139
35135 522
1 318 205
33 817 317
21100 007
27 459 96C

13479 54C
3391042
2.96


WESTERN DISTRICT


For the month of April


$28 715 568
6711516
35 427 084
2 035135
33 391 949
4 036 632
9 368 200
115 219
13 520 0 51
19 671 898
1 167 781
18 704117
16 205 267
18 057 771

1333 603
1 592 510
2.47


$32 559 403
7 474 351
40 033 754
2 007 3 60
38 026 394
3 226 722
9 192 020
104 804
12 523 546
25 502 848
1 252 30
24 250 543
15 747 131
18 497 031

60 000

3.04


'I' ( 4


UNITED STATES

Balance at the end of April


Selected Liability Items


For the four months of


$107 777 029
31753 356
139 530 385
7 590 980
131939 405
14183 214
37 430104
482 458
52 095 776
79 843 629
4656919
75 186 710
64 790 560
89 152 720

27 302 438
21778 496

2.53


$108 129 334
32154544
140 283 878
7 384 5 52
132 899 326
11619 678
36 760 5 58
431420
48 8116 56
84087670
5033 904
79 053 766
63 076 302
81796595

27 880 839
19 660 728
2.72


UNITED STATES

Balance at the end of April


4. t


$91,481,362
304,820,444
477,163,182
113,111,502


820,834,703
927,904,105
141,789,603
1,736,479
58,342,744
161,871,667
470,365,980
840,155,821
17,012,276
227,775,914
35,406,627


3,618,897,648 3,?03,195,919


40. Funded debt maturing within 6 months 2/


11. Loans and bills payable / ..........
42. Traffic and car-service balances-Cr.
U4. Audited accounts and wages payable ....
SMiscellaneous accounts payable
4i. Interest matured unpaid.............
4. Dividends matured unpaid..
47. Unmatured-interest accrued...
4. Unmatured dividends declared...
49. Accrued accounts payable ...
50. Taxes accrued
51. Other current liabilities


Kp. Total current liabilities litms 41 to 1 )


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


2.955,211
90,563,114
530,847,682
192,702,041
78,026,487
6,561,906
68,808,543
28,680,842
292,142,069
868,495,860
83,683,381


$184.984.417


$152.862.174


3,540,000
97,513,318
569,004,605
247,660,252
47,535,176
7,926,089
66,069,494
27,243,656
227,473,740
898,500,119
86,404,785


2.243.467.136 2.278,871.234


704,838,545
163,657,315
275,135,373


743,688,523
154,811,596
286,654,764


.j I I


MILLIONS
OF DOLLARS


NET INCOME-ALL CLASS I RAILWAYS


MILLIONS
OF DOLLARS


160 1 1160


120

100

80

60


I I


II 11111


II l 111 III


JFMAM J JA SON JFMAMJJ ASONDJ FMAMJ J A SON
1950 1951 1952


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


Period


Reports showing
Net Inoome


NumberI Amount


Reports showing
Net Deficit


Number Amount


April ...... 1952 101 $49,660,313 22 $4,319,359
April ...... 1951 105 49,749,267 18 2,879,471
4 months ... 1952 97 205,997,802 26 19,810,208
4 months ... 1951 101 185,881,048 22 32,428,839


* zcludes 4 roads hoe net income (or deficit) es
absorbed ly the controlling eomps.


d Decrease, deficit, or other reverse item.
/ Represents oocruals, including the amount in default.


-0'.


2/ Includes payments of principal of long-term debt (other than
long-term 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 essue.


/


$ 3 878 644
2 075 916
15 954 560
677 073
15 277 487
775 492
3810174
33645
4 619 311
10 658 176
327 352
10 330 824
5 710 702
9 992 727

5 277 765
468 839

3.31


'I


$109,493,421
371,279,629
478,375,588
84,039,342


799,255,395
842,329,196
88,232,650
2,422,257
56,352,889
153,142,528
476,789,750
934,972,706
16,834,480
213,467,125
35,098,672


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_ ~~ _


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_- -___ I__ _- __ I


I









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
MS UM NUT oCI HS I DMD APrIL 192 AID 1961


Page 2


NET RAILWAY OPERATING ET INCOME EEAL INCOME DIVIDEND NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONS INCOME TAXIS APPROPRIATIONS
Region and railway Region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951


United States Total ................ $290,939,103 $251.321,650 $186,187,594 $153,452,209 $192,428,746 $166,881,876 $95.973,913 $109,488,506 Southern Region Continued
Eastern District Total ............. 94,234,449 64,181,489 41,855628 17,739,784 36,137,185 33,950.691 15.900312 35,781,355 Clinchfield ......................... $3,123881 $3.555,021 $323,476 $282,892
Columbns and Greemlnle ............... 37,804 79,403 $4,41 87,777 52,100 55,443 $19,500 $19,500
New England Region Total ........... 6,556,644 5.545,505 2,084,095 663,400 2,694,141 1.717.848 87,585 2,218,473 Florida East Coast** .................. 2,698,791 2,016,467 1,189,482 539,323 1.160,000 490,000 -
Georgia R. R. Lessee Organization ... 590.509 633.883 -
Bangor and Aroostook ................ 989,069 676,473 774,551 502,892 754,519 451,351 47,850 95,700 Georgia & Florida* .................... 62,768 78,739 50414 d 25475
Boston & Maine ..................... 1,152,735 1.040,445 d 109.780 d 170,489 303,804 425,414 2,083,235 Georgia Southern and Florida .......... 277,089 215,552 178,815 114,806 265,000 147,000 -
Canadian National Lines in New England d 468,692 d 319,421 d 517.056 d 385749 Gulf Mobile and Ohio .................... 3,393,992 2,902,478 2,495,135 1.953,286 2.367,000 1,645,000 812,915 3,251,662
Canadian Pacific Lines in Maine ...... 608,219 80,188 Illinois Central ...................... 8,468,404 11,753222 5.818,755 5,087,159 6,434,000 1,407,590 2,137,201 3.155.685
Canadian Pacific Lines in Veront .... d 281,219 d 207174 ---- Louisville and Nashville .............. 9.463,312 6,992,852 8,498,243 6648,588 7,056,012 6,591,260 4,680,000 4,680,000
Central Vermont ...................... 7,405 202,266 d 549.226 d 3.436 9,751 Mississippi Central ...................94,082 98,670 74,463 79,989 77.282 62,805 60.358 60.358
Maine Central ........................ 1,109,242 1,037,461 748,936 667560 837,818 696332 39,735 39,538 Nashville, Chattanooga & St. Louis.... 1,870,221 1,581.,492 1,402,986 1,123,184 1,124,426 1,010,294 447,970 447,970
New York Connecting .................. 403,304 260,510 145,563 28,113 -- New Orleans and Northeastern .......... 433,622 618,425 475,732 577,509 695,000 838,000
New York, New Haven and Hartford ..... 3,058,794 2,254.809 1,609,344 566,673 798,000 135,000 Norfolk Southern ...................... 323,333 286,423 299,270 300,106 281,701 281,000 134,106 241,864
Rutland .............................. d 22,21 d 207.052 d 18.237 d 197.164 -- Seaboard Air Line ..................... 7.951,425 5.753,573 6,772,183 4,735,295 4,880000 3.825,000 1,812,500 1,600,000
Southern .............................. 9,436,673 9,051,518 5,816,622 5,627,949 7,765,000 5,195,000 1,298,200 1,298,200
Great Lakes Regon Total ........... 42,699,089 31,498,848 22.832,394 14,348,219 18,944,595 18,410,365 5.668,071 21,563,908 Tennessee Central ..................... 95,466 113,185 6,416 12,034 -
Western y. of Alabama ............... 140,533 138,017 135.658 134.747 138.619 115.165 -
Ann Arbor ............................ 283,625 350,689 215,641 293,299 133,234 257,675 -
Cambria and Indiana .................. 212,392 245,975 214.894 244,969 233,131 235,075 60,000 60,000 Western District Total ............... 107.777.02 108.129334 75,186.710 79.053,766 89.152.720 81.796,595 49,080,934 47,541,567
Delaware and Hudson .................. 2,390,475 2,141,919 1,859,904 1,646,135 1,091,000 1,501,000--
Delaware, Lackawanna and Western...... 3,137.914 1,875,516 1,650,904 2,924,550 992,582 819,037 422,206 422,206 Northwestern Region Total ........... 4,241,684 8.196.563 d 7.791.017 d 4.220.184 2.586.89D 2,806,472 16.260.652 15.580.936
Detroit and Mackinac ................. 61,230 100,928 50,110 89,005 44,039 137,196 --
Detroit and Toledo Shore Line ........ 418,800 311,506 387,456 276.117 357,013 381,816 80,000 80,000 Chicago and North Western ............. d 1.936.716 d 249.653 1 d 797.380- 2,330,453
jrie ................................. 6,451,819 5,930,771 4,220,514 3,738,065 3,026,667 3,147,014 2,014,410 2,014,410 Chicago Great Western ................. 1,213,906 1,084,50 861,397 775,014 653.000 502,000 .228,818 274.578
Grand Trunk Western .................. 1,195.341 2,473,079 d 8,583 454,416 2,960 Chicago,Milwaukee,St.Paul, and Pacific 3,380,354 3,009,362 958,092 761,215 798,000 816,000 7,616,108 9855,128
Lehigh and Hudson River .............. 148,214 165,937 150297 167,035 99,640 154,413 70455 70,605 Chicago,Saint Paul,Minneapoli & Omaha 955211 d 1304.416 d 1742744095054 -
Lehigh and New England ............... 519,577 515,120 452,898 64,115 387,490 401,871 Duluth, Missae and Iron Range ........ 3.897.294 d 3.214607 d 4013571 d 3328096 297
Lehigh Valley ........................ 3,944,082 2.873,965 2,716,247 1,256,959 1,581,000 442,436 Duluth, South Shore and Atlantic ...... 101,835 282,402 41,074 255,801 -
Monongahela ..................... .... 209,402 350,929 65,826 204,212 71,215 73,312 -Duluth, Winnipeg and Pacific .......... 323,007 187,933 177,067 49.567 ---
Montour .............................. 155,705 132,185 147329 132,417 100,480 109,682 Great Northern ........................ 1,636,976 2,765,082 d 42.939 272,740 250,000 3,042,561 3,092,561
New York Central ..................... 8,883,937 d 209,39 239.635 d 7,789727 1,225,585 987,880 Green Bay & Western ................... 133,569 234,075 89.667 217,783 130,494 174,769 125,000 125,000
New York, Chicago and St. Louis ...... 7,021,309 7,024544 5697,130 5,582,815 5594,500 4,642,700 1,468,865 16,766,366 Lake Superior & Isheming ............. d 183615 d 90758 d 175206 d 79.789- 74,970 53.550
New York, Ontario and Western ..... d 155207 d 94226 d 632123 d 585082 Minneapolis & St. Louis ................ 486,722 429,085 503.L44 438,949 489,830 389,000 150,000 150,000
New York, Susauehanna and Western 162,126 204,379 46,949 28,713 31,106 -- Minneapolis, St. Paul & S. S. Marie ... d 1,013,788 d 410.763 d 969.444 d 369.730 719,104 719,104
Pittsburgh and Lake Erie ............. 3,192,798 2,771,958 2.115,387 1,842,201 1,240,735 1,955,969 Northern Pacific ...................... 2,491,194 3.335.309 d 22192 300,681 647,000 1,859.782 1,239.855
Pittsburg and Shawmut ................ 202,208 155,247 155.551 130,575 22.500 Spokane International ................. 79.925 83,764 34,272 39.989 113,856 71,160
Pittsburgh and West Virginia ......... 444,156 462,005 289,544 294,407 258,626 242,000 152,500 152,500 So6kane, Portland and Seattle ......... 1,854.987 2.011,109 694.519 884,524 515,566 -
Wabash .............................. 3.819,186 3,715.815 2,890.782 2.953.023 2,504,698 2,867,683 1,399,635 1.997,821 Wisconsin Central** ................... 525,833 44,289 d 59.934 d 546.398 75,000
Central Eastern Region Total ....... 44,978,716 27,137,136 16,939.139 2.728.165 14.498,449 13,822,.478 10.144,656 11,998,974 Central Western Region Total ........ 68,392.079 69.497.662 59,779.418 64.853,516 61,351.507 58,136,541 24,493.171 24.610.959
Akron, Canton & Youngstown ........... 235,709 221,490 196,160 195,451 116,631 168.537 95,939 99,051 Atchison, Topeka and Santa Fe bJ ...... 22.581,213 20,439,899 20,631,886 18,777,629 21,061,803 16,684,000 4,854,120 4,854,120
Baltimore and Ohio ................... 14,344,169 11,133,283 7,173,028 3,980,580 2,999.146 2,069,329 Chicago, Burlington & Quincy .......... 8,493,700 11,589,028 6,975.739 10,062,809 6,641,900 8,150,000
Bessemer and Lake Erie ............... 764,167 1,146,218 711,192 1,092,040 833,514 957,415 149.988 149,988 Chicago, Rock Island and Pacific ...... 7,353,455 5.950.288 6,338,861 5,418,332 4,053,000 3,862,000 2,290.294 1,938.115
Central B. R. Co. of New Jersey ...... d 1.685077 d 1,642,270 d 493250 944,667 800 859 Colorado and Southern ................. 554,757 482,569 601,228 486,547 564,517 512,627 -
Central R. R. Co. of Pennsylvania .... 2,960,555 2,465,559 1,789,103 1,026,339 75,990 1.550 915.050 2,287,625 Colorado & Wyoming .................... 113,177 141,807 100,110 147,386 98,700 93.300
Chicago & Eastern Illinois ........... 1,384.329 1161,018 851,479 651,496 560.300 484,100 191,876 191,875 Denver and Rio Grande Western ......... 3.089.164 3.451,190 1,969.122 2,236,408 2.250.325 1,990,000 1.978.242 2,681,596
Chicago & Illinois Midland ........... 2,647 454,941 d 13.977 306,917 5,388 334.041 Fort Worth and Denver ................. 1,091,577 733,778 724,657 361,614 653.338 372.372 -
Chicago, Indianapolis and Louisville 581,816 519,389 320,546 262,688 349,000 263,000 429,642 429,642 Northwestern Pacific .................. d 33,697 d 12.060 d .882 d 13,997 18,808 2,017
Detroit, Toledo and Ironton .......... 865,717 1,230,345 742,902 1,120,498 757,536 1,213,588 477,931- Sacramento Northern ................... 115,016 236,114 d 147.t? d 35.453 -
Elgin, Joliet and Eastern ............ 864,841 1,148,194 816,477 1,081,480 1,410,396 1,857,409 Southern Pacific ...................... 16,492,726 13,649,171 3,224,652 4,055.043 11.599,711 9,570,915 5,376.519 5,290.534
Illinois Terminal .................. 224,556 275,645 46,057 88,754 95,066 113.219 100,000 100,000 Southern Pacific Transp. System a/ .... 20.994,069 17,326,614 17,880,941 14,428,151 16.356,152 12,306,007 5,376,519 5,290.534
Long Island**.. ...................... d 2.605.109 d 2.567.459 d 3588435 d 3446.539 Toledo, Peoria & Western .............. 344,620 320,850 330,184 298,001 361,105 486,810 60,000 60000
Missouri-Illinois .................... 293,817 265,203 301,979 273,597 271,500 386,200 Union Pacific ......................... 6,761,487 9,561,284 17,905.820 20.554,661 12.700,000 14,300,000 7,548,137 7,548.137
Pennsylvania ......................... 20,264,270 5,848,344 4.413,470 d 7.709.318 1,797,000 1,445,000 6.583,877 6,583,877 Utah ..................................d 51.913 d 163.543 d 53.439 d 163.040 -
Pennsylvania-Reading Seashore Lines .. d 1,444,821 d 1.729.584 d 1.753.488 d 2.032.584 181,954 150,079 Western Pacific ....................... .. 1,486,797 3.117.287 1,203.944 2,667,576 1,348,300 2,112.500 2,385,859 2.238,457
Reading .............................. 5,074,163 4,423,965 3,767,972 3,170,928 3,074,228 2,326,152 1,678,284 1678,985
Staten Island Rapid Transit .......... d 63,355 d 105613 d 234724 d 279.115 -
Western Maryland ..................... 2,916,322 2.888.468 1.892,648 2,000.286 1,970.000 2.052.000 Southwestern Region Total............. 35,143,266 30,435.109 23.198.309 18.420,434 25.214,323 20.853.582 8,327.111 7,349.672
Southern District Total ............ 88.927.625 79,010.827 69,145.256 56.658.659 67,138.841 51.134.590 30.992.667 26,165,584 Beaumont. Sour Lake & Western,* ....... 569,277 624,002 596.588 647,102 879,000 450,000 -
International-Great Northern-- ........ 1,072,912 875.937 245.349 73,846 92,000 65,000 -
Pocahontas Region Total ............ 30,714,205 27,279.452 26,282,882 22,841.342 21,693,214 23,674,630 17462,574 9,295.002 Kansas City Southern .................. 2,717,062 2,643,940 2,121,039 2,008,499 2,675,000 2,403,000 846,999 846,999
Kansas, Oklahoma & Gulf ............... 442,321 564,001 401,606 517.865 489,288 519.314 -
Atlantic and Danville ............... 55.459 61,736 19,734 25,760 6,668 Louisiana & Arkansas .................. 1,525.887 910,057 1,311,145 763,119 1,194,000 956,000- -
Chesapeake and Ohio .................. 17.245.969 14,161,985 13,262,887 10,375,557 8,840,000 10,620,000 12,034,747 4,073,863 Midland Valley ...................... d 27231 103,205 d 28.03 87,667 6,000 32,000
Norfolk and Western .................. 8,818,932 8,858,341 8.843,648 8,870,239 8,650,000 8,800,000 4,439.351 4,439,351 Missouri-Kansas-Texas ................. 3,237,562 2,579.758 2,214.576 1,574,498 1974000 1,826,000 -
Richmond, Fredericksburg and Potomac 1,388,643 1,293,914 1,L12,160 1,321,930 1,792.820 1,276.225 206,688 Missouri-Pacifio** .................... 8.885892 7,430,597 4,070521 2,944,660 2325,000 2,200,000 -
Virginian ............................ 3,205,202 2,903,476 2,744453 2,247,856 2,410,394 2,971,737 781,788 781,788 New Orleans, Texas & Mexico**......... 932363 415,167 64,931 d 448826 95,000- -
Oklahoma City-Ada-Atoka ............... 49,928 46,495 48,236 43,583 58.955 59,723 -
Southern Region Total .............. 58,213.420 51,731,375 42,862,374 33,817,317 45,445,627 27,459,960 13,530,093 16,870,582 St. Louis, Brownsville and Mexico** ... 486,168 539.677 269.728 314,059 361,000 167.000 -
St. Louis-San Francisco ............... 3,801,902 3,953,146 2.188,675 2,128,540 1,821,900 2.372,000 4,846,147 3.868.708
Alabama Great Southern ............... 554,897 526,126 474,946 456,734 630,000 490,000 St. Louis, San Francisco and Texas .... 279 982 131,670 274,473 128,793 108,666 176,000 -
Atlanta & Saint Andrews Bay .......... 206.097 188.312 208,208 180.463 294,920 285,393 24,000 12,000 St. Louis Southwestern ............... 3.554.827 3,261.652 3,291,199 2,977.611 5,698,073 4,335.453 1,853,240 1,853.240
Atlanta & West Point .................. 119,378 47,459 134,800 64,297 109,917 57,633 San Antonio, Uvalde A Gulf**.......... d 124.965 d d 188 d 381398 -
Atlantic Coast Line .................. 5,722,442 2,242,671 7,019,223 4,232,180 8,950,000 2,100,000 2,062,453 2,062,453 Texas and New Orleans ... .............. 501,343 3,677,443 3,85,006 2,708,876 4,756,441 2,735,092
Central of Georgia ................. 948,950 519,445 556.298 411.690 386,174 235,485 Texas and Northern .................... 75.935 86.499 75.189 86,159 115,000 68,000 -
Charleston & Western Carolina ........ 271,783 240,130 137,680 128,766 95,000 125,000- Texas and Pacific ..................... 3.035,267 2,759,244 2,290.552 2,137,559 2,470.000 2,397,000 780,725 780,725
Cincinnati,New Orleans & Texas Pacific 1,927,968 2,098,312 1,372,459 1,546,910 2,360,000 2,220,000 40,890 40,890 Texas Mexican ........................... 126,834 151.308 86,128 108,222 95.000 92,000
Texncuds Atxchison. Topeka.&.Santa.Fe..... Gulf, Colrad &5.0 Sat 8F6y,1and Panhandle.&0Santa0Fe -y.


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


Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe By., and Panhandle & Santa Fe Ry.
jc Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE : 1952 0 950193






-7-


/ 3,-/ "

Subject to revision -


-^ ; : .s d.
A~ '*" "- '

/^ j /. c"

I .^ I


UNIVERSITY OF FLORIDA

11 26IIIG881 28II34 NIIIII IIII1IIIIII1I1II I1111 INTERSTATE COMMERCE COMMISSION
3 1262 08851 2834 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


Compiled from 126 reports (Form IBS) representing 130 steam railways f
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


"-*-TIcome 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. Amortization of discount on funded debt
6-04. Total fixed charges.................. .. .. ....
7. Income after fixed charges ...... ...... ...
8. Other Deductions ..........
9. Net income..... .............
10. Depreciation (Way and structures and Equipment)......
11. Amortization 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)


Income Items


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


Selected Expenditure and Asset Items


17. Expenditures (gross) for additions and betterments-
R o a d ............ ........... ..... .......... ....................... ... .......... ....
18. Expenditures (gross) for additions and betterments-
Equ ipm ent .................... .. .......... ... .............. ... ...
19. Investments in stocks, bonds, etc., other than those
of affiliated companies (Total, Account 707).......
20. Other unadjusted debits.. ...... ..


2 1 C a s h ........ .. .................. ... .............................. ... ..
22. Temporary cash investments ....................... .... .... ....
2 Special deposits .............................................................
24. Loans and bills receivable....... ............------.......
25. Traffic and car-service balances-Dr.. ...... .
2 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
32. Total current assets (items 21 to 31) ....


UNITED STATES


For the month of May


For the five months of


EASTERN DISTRICT


For the month of May


For the five months of


POCAHONTAS REGION


For the month of May


For the rise months of


1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951


$82 970 2 56
15 161 384
98 131 640
3 e87 315
94 244 325
10 838 304
25 929 236
242 096
37 009 636
57 234 689
2 892 194
54 342 495
40 234 661
42 434 800

28 356 4 75
8 361 350
2.55


$76 717 337
15538046
92 255 383
3 684 107
88 571 276
9 209 551
24 860 502
239 871
34 309 924
54 261 352
3166298
51095054
38 205 192
49 361 180

28161 65C
8 442 500

2.58


#373 798 183
83050 791
456 848 974
20 852 709
435 996 26 !
50 647 057
129 16114C
1 199 737
181007 934
254 988 331
14 556351
240 431 980
197 416 556
234 762 847

94 177 302
38 514436

2.41


$329 174 180
89 708 875
418 883 055
25 488 417
393 394 638
47 200 214
123 994 412
1152 405
172 347031
2 21 047 607'
15370731
205 676 876
190 288 782
214 903 7 56

90986 899
55 105 7 57

2.28


26 104 061
5 932 026
32 036 087
912 129
31 123 958
5 599 098
11 330 551
76 996
17 006 645
14 117 313
1 405 599
12 711 714
15 211 363
10 408 873,

4665 468
1068 408

1.83


$25 569 760
5 810 885
31 380 645
985 965
30 394 680
5 494 558
10 706 754
75 912
16 277 224
14 117 456
1436 273
12 681 183
14 126 239
11 258 936

3124 904
1 020 556

1.87


$120 340 510
31 367 705
151 708 215
5 305 280
146 402 935
28 005 642
56 395 077
370 948
84771667
61631268
7 061926
54 569 342
73 607 998
46 544 059

15152 663
6481525

1.73


$91 028 249
36 115 324
127143 573
5 770 210
121 373 363
28 727 043
53 329 205
365 540
82 421788
38951575
7 253 609
31697 966
70 903 895
43 963 627

15 679 989
24 246 826
1.47


$8 369 145
607 435
8 976 58C
441 434
8 535 146
7 4 5
1 349 961
13 63!
1 371 051
7 164 095
8 711
7 155 384
3 001 862
6 590 999

5 001 237

6.23


$8100027
746 260
8 846 287
519 520
8 326 767
6486
1 271 631
11 791
1 289 90 8
7036 859
8 747
7028112
2 861 767
7 674 085

8 909 7 5
161 375
6.46


139 083 35C
3 480933
42 564 282
2 269 412
40 294 871
38 361
6 709 13 C
65 446
6 812 937
33 481 934
43 668
334388266
14 682 93 S
28 284 212

21 934 806
529 005

5.91


- ~1* h 4~ L ____________ .1. __________


SOUTHERN REGION


WESTERN DISTRICT


For the month of May For the five months of For the month of May For the rive months of
1952 1951 1952 1 1951 1952 1 1951 1952 19 i


$13 681 530
1580 6 55
15 262 185
784 945
14 477 240
772 575
3 873 065
32 4 38
4 678 078
9 799 162
297 852
9 501 310
5 813 776
9 372 022

3 574 598
280 650
3.09


$11 180 347
1 669 174
12 849 521
718 312
12 131 20 9
821 39C
3 707 233
27 712
4 556 335
7 574 874
355 894
7 218 980
5 397 230
7 662 743

2 420 400
280 65C
2.66


$71894950
9 412187
81 307 137
3 938 229
77 368 908
3 960 664
19 268 896
161 858
23 391418
53 977 490
1 613 806
52 363 684
28 169 36 0
54 817 649

14 672 223
2 713 118

3.31


4 I 4 t J. ________


$62911722
10 548 279
73 460 001
8 307131
65 152 87C
3 929 326
18 344243
168 905
22 442 474
42 710 396
1 674 099
41 036 297
26497237
35 122 703

15 899 940
3 671692
2.90


$34 815 520
7 041 260
41 856 788
1 748 807
40 107 981
4 459 176
9 375 6 5V
119 027
13 953 862
26 154 119
1 180 032
24 974 087
16 207 660
16 062 906

15 115 172
7012292
2.87


$31 867 203
7 311 727
39 170 930
1 460 310
37 718 620
2 887 117
9 174 884
124 456
12 186 457
25 532 163
1 365 384
24 166 77 9
15 819 956
22 765 416

13 706 561
6 979 919

3.10


$142 479 373
38 789 966
181 269 339
9 339 788
171 929 551
18 642 39C
46 788 037
601 485
66 031912
105 897 639
5 836 951
100 060 688
80 956 259
105 116 926

42 417610
28 790 788
2.60


$139 854 730
39 460 693
179 315 423
8 844 862
170 470 561
14 506 796
45 935 442
555 876
60 998114
109 472 447
6 399 288
103 073 159
78 871484
104 468 711

41587400
826640647
2.79


MILLIONS NET
OF DOLLARS
160-

140o


120 -

100 -

80-

60 -

40 -


INCOME-ALL CLASS I RAILWAYS


u -------


JFMAM J JA SONO JFMAM J A 0 J FMAMJ J ASO NO
1950 1951 1952


7 4 ________ a


UNITED STATES

Balance at the end of May


Selected Liability Items


UNITED STATES

Balance at the end of May


T 1 1 9 4


$140,149,971
460,472,762
477,586,135
84,397,499


.4. 9


831,695,426
858,999,100
69,024,764
1,293,899
55,370,821
168,642,585
469,457,475
920,561,267
19,680,611
226,899,433
35,202,514
3,656,827.895


$120,541,769
400,092,292
474,362,978
117,473,467


842,324,956
929,910,535
110,457,176
1,714,996
57,260,474
165,095,739
475,003,382
860,066,202
18,577,712
229,882,213
36,374,039
3,726.667,424


40. Funded debt maturing within 6 months 2/.


Loans and bills payable 3/
Traffic and car-service balances-Cr. ........ .
Audited accounts and wages payable.............
Miscellaneous accounts payable.......
Interest matured unpaid
Dividends matured unpaid......
Unmatured interest accrued....
Unmatured dividends declared.. ---
Accrued accounts payable.
Taxes accrued .
Other current liabilities
Total current liabilities (items41 to '1


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


$176,855,195


9 &


3,168,860
95,616,823
531,111,644
195.044,175
32,479,193
9,285,711
75,207,398
57,587,021
303,881,233
915,976,491
85,172,426


,2 304,530,975


740,074,741
175,901,750
272,350,979


$147,556,291


5,237,500
97,836,885
599,476,259
215,905,950
28,922,841
9,674,561
73,055,407
55,690,172
235,074,064
914,344,638
86,709,559


2,321,927,836


748,089,788
166,254,850
292,400,810


a ______ ~-- __________________________ ______ ______ I


d Decrease, deficit, or other reverse item.
T/ Represents accruals, including the amount In default.
f Excludes Colorado & Wyoming By. Co. which filed no report because of steel strike.


ANALYSIz OF NET INCOME--ALL CLASS I RAILWAYS 4


Period


Report showing
Net Inoome


Number Amount


May ....... 1952 101 $57,143,519 21 $2,801,024
May ....... 1951 105 53,360,375 17 2,265,321
5 months .. 1952 103 257,341,189 19 16,909,209
5 months .. 1951 103 231,886,534 19 26,209,658


* Exclde 4 roads whose net Income (or deficit) was
absorbed by the controlling company.


2/ Includes payments of principal of long-term debt (other than
long-term 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 issue.


-



LLL
Oi L
z-. Cr, i

0 0"


L35 379 479
3 584 579
38 964 058
2 566 214
36 397 844
37 049
6 385 522
62 084
6 484 655
43 735
29 869 454
14 016 166
31348 715

17819 570
546 592
5.61


MILLIONS
OF DOLLARS


I |


.1::


IIIIIII .


Reports showing
Net Deficit


-il


1 -1 1 1 1 1 1


I I I I


-------------- 1160


-r


-r


*


*


*r-


-r


i


I I I I H


I I


_


--, i -- --- I- -- i -- -


Statement No. M-12S
MAY 1952


..


.


Number Amount









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

FOR THE FIVE MONTHS ENDED MAY 1952 AND 1951


HR RAIMAY OPERATING NET INCOME FEDERAL COME DIVIDEND NET RAITWAT OPEATING ET INCO FEDERAL INCOME DIVIDEND

eion and railway INCOM TAXES APPROPRIATIONS I COM TAKES APPROPRIATIONS

1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 195192 1951


United states To l


Eastern District Total ..


eNv England Region Total ...........

Bangor and Aroostook ..................
Boston & Maine ........................
Canadian National Lines in Now England
Canadian Pacific Lines in Maine .......
Canadian Pacific Lines in Vermont .....
Central Vermont .......................
Maine Central .........................
New Tork Connecting ...................
New York, New Baven and Bartford ......
Rtland ...............................


Great lakes Region Total ...........

Ann Arbor ............................
Cambria and Indiana ...................
Delaware and Hudson ...................
Delaware, Lackawanna and Western ......
Detroit and Mackinac ..................
Detroit and Toledo Shore Line ........
Erie ..................................
Grand Trunk Western ..................
Lehigh and Budson iver ...............
Lehigh and Ne EneSand ................
Lehigh Valley ........................
Mononahela ...........................
ontour ...............................
New York Central .....................
New Tork. Chicago and St. Louis .....
New York, Ontario and Western* .......
New York, Susquehanna and Westerne ...
Pittsburgh and Lake Erie .............
Pittsburg and Sha t ..................
Pittsburgh and West Virginia ..........
Wabash ................................

Central Eastern Region Totl ........

Akron. Canton & Youngstown ...........
Baltimore and Ohio ...................
Besseer ad Lake Erie.................
Central B. R. Co. of New Jersey .......
Central R. R. Co. of Pennsylvania .....
Chicago & astern Illinois ............
Chicago Illinois Midland ...........
Chicago, Indianapolis and Loulsville ..
Detroit, Toledo and Ironton ...........
Elgin, Joliet and Eastern .............
Illinois Terminal .....................
Long Island** .........................
Missouri-Illinois .....................
Pennsylvania .........................
Pennsylvania-Bseading Seashore Lines...
Reading ....................... ....
Staten Island Rapid Transit .........
Western Maryland .....................


Southern District Total ............I


FOe Rhontas Rgton Total .............

Atlantic and Danvlle .................
Chesapeake and Ohio ...................
Norfolk ad Western..................
Richmond, Fredericksburg and Potomac ..
Virginian ..........................

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

Alabama Great Southern ................
Atlanta & Saint Andreve Bay ...........
Atlanta & West Point .................
Atlantic Coast line ...................
Central of Georgia ....................
Charleston & Western Carolina .........
Cincinnati,New Orleans & Texas Pacific


373$ 798 183 $32 0


021 340 510 91 028 2 9


2,402,714

827,104
25,712
d 648.564


d 719.209
851.734
109.055
2.019.122
d 62.240


e 62.240-


28,817,988


289,634
287,023
2.222,155
2.160.804
82.128
467,176
4,958,562
d 162,223
191,024
645,565
3.359.505
5.283
193.869
823,585
7,216,872
a 791.282
d 74,369
2,897.919
202.488
388,863
3,453,414


................. .4 ""qu" 2057 6, 762,847$214.903,750$3269. 7381$146(02.656
I r i i I


1,051,631

.586.745




a 394,953
779,625
64.338
720,668
S 18.10n2


21,748.399


342,346
294,547
2,043,850
3,291.302
144,835
337.747
4,635,797
495,914
210,377
599,830
1.762.684
289,820
144,011

7,293.194
1 696.367
39,655
2.363.348
190,416
359,864
3,412,950


3.169,867 2,098,492


769,548
480,272




902.047

1,018,000
I


23,493,708


188,075
311,161
1,369,000
1,404,680
67.526
427,940
3,469,269
4.44c
124,648
566,846
1,867,600
89,019
135,474
1,448,890
7,069,500


1,781,223

352,488
2,815.929


515.203
583.486



9.751
820.052

170,000


23,522.289


348,612
284,093
1,803,000
1,110,015
210,611
453,730
3.767,120
49,864
220,336
510.694
796.736
91.640
121.635
1.251,470
5,880.800

42.959
2,546,297
22,500
296,986
3,713,191


135.435

95.700





39.735


10,874,391


60,C00o

422,206

100,000
3,852.066

70,455





2.917,729


1,727.300

305.000
1. 399.635


1,399.635 1.997 821 Wisconsin Ceotral
738.470 311. 371 6. 2oo
350,000
d 421.271
I----------I i711 1 1 1 4-------------------I _____ I ''""'~J ____ ______


2,218,473

95.700
2.083,235




39.538


25,229.662


6.o000oo

422.206

100,0CO
3.239,514

70,605





17,307.216


1,727,300

305.000
1.997.821


Southern Region Continued

Clinchfield ...........................
Columbus and Greenille .............
Florida East Coast** ..................
Georgia R. R. Lessee Organization ...
Georgia & Florida*.....................
Georgia Southern and Florida ..........
Gulf, Mobile and Ohio ................
Illinois Central .....................
Louisville and aashrille ..............
Mississippi Central ...................
Nashville. Chattanooga & St. Lois ....
New Orleans and Northeastern ...........
qorfolk Southern ......................
Seaboard Air Line .....................
Southern .............................,
Tennessee Central .....................
Western RBy. of Alabama ................


Weten of Alaba ........... ... 10.6 1750 13.1 16491 141046,2 10 1I
13954.7315 lo60,688iW 103.O1?.591 105,116,926 i104.68.711 171,208,398468,228.047


$3,942,723
43,548
3,112.762
708,345
72.960
338.688
4,193,698
10,259,447
11,215,683
130,152
2,311,778
583,482
407,845
10,084,433
12,188,627
157.047
180.600


$4,264,672
85,346
2,388.614
802,575
97,334
273.343
3,649,545
13,209,60o
8.394.931
126.034
1,952,922
785.125
367,562
7,.207,133
11,401,868
143,187
171. nn


$53,127
1,224.054

d 319.424
216.238
3.084,596
6.952,051
9,994.247
104,.826
1,734.379
635,617
375.715
8,719,618
7,674,438
44.226
173.131


$96.521
543.636



2,454.813
5.874,408
7,859,430
102,877
1,376,855
733,466
373,560
6,019,044
7,133.504
16,183
165,761


$404,345
62,800
1.195.000


335,000
2,906,000
7.617,000
8,258,315
112.182
1.354,567
965,000
316,701
6,170,000
10.240.000

1<1 flQ


$353,615
61,793
490,000



2,083.000
2,220,590
7,892,000
84,768
1.309,628
1,083,000
346,000
4,850,000
6,820,000

146 218


$19,500




812,915
3.155,685
4.680,oo0
60,358
447.970

269.820
1,812,500
1,298.200
MA3


$l9,00




3,251,662
3.155,685
4.680,000
60,358
447.970

241,864
1, 600000
1,298,200


Northwestern Region Total ...........

Chicago and North Western ............
Chicago Great Western ...............
Chicago.Milwaukee.St.Panl and Pacific
Chicago,Saint Paul.,Nineaoolis & Omaha
Duluth, Missabe and Iron Range ........
Duluth, South Shore and Atlantic ......
Duluth. Winnipeg and Pacific ..........
Greet Northern .......................
Green Bay & Western...................
lake Superior & Ishpeming ..............
Minneapolis & St. Louis ..............
Minneapolis, St. Paul A S. S. Marie ...
Northern Pacific ......................
Spokane International .................
Spokn.e, Portland and Seattle .........
Wisconsin Central-. ...................


14,566,655


d 1.i16.004
1,531"374
3,666.348
d 1.150.543
d 108,385
207,520
249,715
4,802.281
158,239
136,733
614.590
d 620.798
3,512,897
130,141
2.220,077
738.470


189533 l 2 3,5.1 3,33, 13


125.739
1.367.265
3.911.829
d 1.579.864
120,497
380.164
185,702
5.674,584
266.788
61,298
524.57?
57.163
5,083.759
139,740
2.274.786
311.171


6 3.531.572
1,091.464


d 265.853
126,085
69,188
2,166,079
94,204
147,406
617.176
d 566.640
143,177
73.383
778,062
6.250


985.467
1,121.071
d 2,565.362
d 22.226
331,218
13,090
2.526. 655
224,288
74.753
524,117
5,680
1,303,974
84.053
857.705
d 471.271


833,000
432,000




775.000
144,438
50.00O
532,130



565,566


7,624,266 21,624,184 20,292,167


632,000
1,169,000

603


2,950,000
192,663
81.000
464,000

1,680.000
30,000
350,000
75 .n0


2,330.453
540,006
7.616,108




6,085,122
125,000
74,970
300,000
719,104
3.719.565
113.856


503.393
9,855,128




6,185,122
125,000
53,550
300,000
719,104
2,479.710
71,160


256,966
9,684,071
1,276,938
d 809.182
2,208,616
1,026,668
73.671
438,458
888,251
1,123,236
88.318
d 3.775.788
380,323
5,977,083
d 2.144,913
4.621,849
d 303.563
2,337,638


8A.8t1m. on


33.438.266

23,804
17.393,697
10,966,295
1.750,944
3.303,526


52,363,684


8.897.936

249,594
5,744,736
2,021,877
569,643
1.510,721
859,080
401.391
297.734
1,343.713
1,494,038
138,809
1 3.865. 74
354,215
1 5.809.148
1 2.387,250
3.907,733
1 &46.187
2,412,311


29,869,454


27,242
13,878,493
11,538,263
1.593,647
2.831.809


9,,o8u.. *

162,280
4,624,692
1,664.535
1,000
196,951
608,600
66.388
477,000
895.319
1.947,690
154,967

321,600
2.317,000
252.719
3,708,143

2.481,600


28,284,213


12,325,000
10.525,000
2,252,820
i.1Rl-1

3. 1833 44 140 40 *
S+ -.- -' ~ I


108., 42,846

216.529
3.043.535
2,022.779
1,059
2,250
628.800
431.241
298,000
1,421,077
2,467.470
181.619
d 239,319
506,200
1.806,000
187,598
2.905,061

2,463.000


31,348,715


10,6i4.302

95.939

209.988

915,050
191.876

429,642


100,000


6,583.877

2.097,990


22,463,811


12,478.680

99.051

209.988

2,287,625
191.875

429,642
477,931

100.000


6.583.877

2.098,691


1836 6


8,335
14,310,000
11,475,000
1,626,926
l.-Qsft-4<


12,034,747
8,658,800
206,688
1 cA- ft.


8,143,786
8,658,800
ir e^a if


41.036,297


54,817,649


35,122.703


17.385,341


I_ .1 I +-_ 4 4 4


557,702
248,812
143,476
8,023,153
803.466
174.609
1,745,625


582,304
227.048
77,513
4,911,109
444.961
167,101
2,012.339


740.000
347,510
118,866
10.050,000
386,174
130.000
2,955.000


-_I I I .


625,000
364.623
73,983
2,825,000
235.485
155,000
2,925,000


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


896,828
24,000

2,062,453


1,845,112


896,828
12,000

2,062.453


1,845,112


Central Western Region Total ........

Atchison, Topeka and Santa Fe / ......
Chicago, Burlington & Quincy ..........
Chicago, Rock Island and Pacific ......
Colorado and Southern .................
Colorado & Wyoming ............ ...
Denver and Rio Grande Western .........
North Worth and Denver .................
Northwestern Pacific................
Sacramento Northern ...................
Southern Pacific ......................
Southern Pacific Transp. System ....
Toledo, Peoria & Western ..............
Union Pacific .........................
Utah .................................
Western Pacific .......................


54,0648.75

374,319
285.893
2,893.129
4,081,312
96,878
503,297
7.749,878
1.362,393
188,328
726,428
4,919.391
279.330
203,929
11,829,816
8,872,789
d 193.832
184,905
4,224.230
260,820
582,671
4.638,971

58.564,901

303.548
18,548.568
1,343,612
d 2.025.875
3,711,709
1.700.447
96.637
764.072
1,039,309
1,185,018
314.271
d 2.540,835.
368,065
25.762.483
d 1.759.080
6.227.569
d 89.464
3,614,847


83,364,248


26,645.483
9,703,623
8,780,218
715,817

3,795,801
1,207.287
124,604
102,478
21.927,520
27.479,388
427.264
7,897,087


44,548,470


785,023
1,284.499
3.333,547
528,071
1,901,220
d 4o,696
3.880 7
10,801,004
1,132,117
64,960
560,989
5,414,189
318,276
4,633,302
d 148.682
5,551,868
93,508
4.282,112
168,418


168,418 178,708 120,712 127,276 135.000 109. 000
- ______ _______ _____________________ _______ L ______ .4 ______ .4 ______ .4 _______ L ______ L _______


83,464,908


24,809,192
13,437,462
7.286.070
520,905

4,203.242
800,827
49,998
305,807
17,063,461
21.549.564
359,833
11,628,468
a 195.172
3.194.815


3,194,815 3,085,301
1.770, 883 1,650,066 3,037,620
2,385,859 2,238,457


71,049,522 77.540,877


22,708,249
11,564,428
6,611,319
528.762

2.653,404
331,025
47,541
a__ 5.609
4.756,994
17.590,220
338,261
25,145.731
3 194.521
3.085.301


24,352,491
7,796,398
7.540,483
759,870

2,400,936
741,256
134.667
L 223,126
4.099.265
23,282,369
408,360
21,365.479

1.770,883


37,484,429 29,522,391 22,276.666


876,917
1,080,213
3,239.486
661,714
1,091,297
90.716
2,996,280
9.255.554
656,163
62,248
582,281
4,872,906
147,889
3,974,073
d M83.042
4,486,103
101,117
3.513.806
178,708


72,358, 23


24,863,803
7.448,200
4,569,000
727,134

2,614,325
641,257
199.679

14,098,122
19,511.641
446.646
15,100,000

1,650,066


72,114.524 40,065,881 38,618,610


20,481,000
9,679,500
4,683,000
572,088

2,450,700
354,647
52.912

12,051,709
15.329.190
551.348
18,200,000

3,037,62o


29,426,560 I 24,729,921
I I I -I I I ________


7.958,440

2.290.294


2,329.919



11.935.957
11.935.957
60,000
13,105,412

2,385.859


1,693.996
344,223







4,846,147

1,853.240



780,725
-I


7.958.440

1.938.115


2,681.596



10.636,590
10,636,590
60, co
13,105,412

2,238.457


1,693.998
344,223







4,645,084

1,853,240



780,725


822,159
250,.505
2,591.532
475,900
1,655,162
d e2.515
2.592,872
4,634,426
46,263
62,421
28,774
3.392,441
311,752
4,305,704
S 228.619
4,767,904
92.599
3.398,399
120,712


905,769
77,149
2,450,340
603,073
910,833
61.207
1,746.896
3,456.622
d 425.470
58.771
302,628
2.608,557
141.996
3,622,946
a 462.267
3,270.063
100.763
2,719,514
127,276


949,000
55,000
3,187,700
585.999
1,468,000
4.772
2,259.000
2,525,000
95,000
75,445
388,000
1,900,900
157.488
6,814,491

5.413.519
145.400
3.266,846
135.000


521,000
69,000
2.928.000
624,237
1,141,Cco
36,000
2,019.000
2.500,000

80,911
175,000
2,911,000
178,947
5.138.345

3,277,481
105,000
2,916,000
109.000


al Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
b Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.
# filed no report due to steel strike.

U. S. GOVERNMENT PRINTING OFFICE : 1952 0- 200327


............ ,0's 54,
-- -.------------5L ,)21,~ .0540j,2,


Page 2


6,749,299

803.902
1,482,631
d 421.704
734,808
d 288.426
292,127
1,242,127
316,961
2.785.119
d 198.246


43,916,586


416,492
295.756
2,755.570
2,674,945
157.746
383,614
7.366,076
2,902,016
208,345
661,396
3,749,893
474.077
144,679
3.760.270
9, 060,672
d 83.127
267,009
3,555,654
228,121
570.782
4,366,600


40.362,364

273,714
14.675,465
2.092,685
d 2.005.402
3.256,947
1.504.536
577,870
621,152
1,477,826
1.585,008
372.571
i 2.773.549
343.789
11.512.930
1 20C8500
5,466.530
i 129.685
3.518,477


98.291.201


35.379.479


1 4-


7.710.734

1.098.477
1.581.556
d 587.519
563.598
d 353.936
d 26.855
1,302.138
431.806
3,767.955
d 66.486,


Southwestern Region Total ...........

Beaumont, Sour Lake & Western* .......
International-Great northern .......
Kansas City Southern ..................
Kansas, Oklahoma & Gulf ..............
Louisiana & Arkansas ..................
Midland alley ........................
Mi.souri-KansaI-Texma.................
Miasouri-Pacific**....................
New Orleans, Texas & Mexioo'* ........
Oklahoma City-Ada-Atoka ...............
St. Louis, Brownsville and Mexico** ...
St. Louis-San Francisco...............
St. Louis, San Francisco and Texas..
St. Louis Southwestern ................
San Antonio, Uvalde & Gulf* ..........
Texas and New Orleans .................
Texas and Northern ...................
Texs and Pacific .....................
Texas Mexican ............ .............


110.978.300


39,083,350


68.583
22,446,384
10,929,875
1,720.414
3,918,094


71,894.950


72,390
18,609,609
11,486,431
1.556,741
3.654.308


62,911,722


658,164
244,876
126.150
6.844.566
1,308,783
342,044
2,438.549


667,679
237,291
61,088
2,976.517
641.915
305.035
2,700.897


72.358,232


44.548,470


29.426,560 24,729,921


9.518.333


9.317.270


79 one 0.5


5.


81 i ,r 1


711-1111-111.7


la ....a ..g


S....... I


18.366,162


19.571,632





i


- i z -P


P=:= i I I


I


.


9--L'2 1--1, 1


I-


2-1 w


I


--t--


-r


i i


ill


T-------l


.1


-I-


I I -


41 21.14 8.64() .8 A I l-tl A 11 iPA lrf -c -


.


I


I


I


)


I


)


.1


I I


i i


I I


-r


.--r


I


I


I


I


LL


I





I


I


I


I


LL


I


-t-


_ o.+lr.rloI ~Y~wy.l~zl 37.5r17~7Y*


I


I


I


SI


i





I


3


.1


I


-I


SI


20e 676- at6


u


*2171 h Ali ,9f *, -"


45 569 342 1 6 66


64 44 4


I'l fqh 1Rql


.. -A. -


3,255,616


3.332.134


18,905.393 d 511.225




S L, -L S-ke,?


Subject to revision


IIIIVERSITY OF FLORIDA

l lllillllliilli llllllllll llll I III II
3 1262 08851 2842 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
JUNE 1952


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 l/
6-03. Amortization of discount on funded debt
6-04. Total fixed charges..... ..
7. Income after fixed charges.-....
8. Other Deductions
9. Net income....
10. Depreciation (Way and structures and Equipment).
11. Amortization 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)


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 l/ ..............
6-03. Amortization of discount on funded debt
6-04. Total fixed charges...........
7. Income after fixed charges..... ......
8. Other Deductions
9. Net income......
10. Depreciation (Way and structures and Equipment)...
11. Amortization 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)


Selected Expenditure and Asset Items


17. Expenditures (gross) for additions and betterments-
R o a d ...... ............... ......... .... ..........
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... .


21 Cash .. ... .............................
22. Temporary cash investments...............
23. Special deposits...............................
24. Loans and bills receivable. ... ..... .....
22. Traffic and car-service balances-Dr.
2 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
32. Total current assets (items 21 to 31)


$67 900 110
25 385 940
93 286 050
3 775 683
89 510 367
11429 739
25 956 849
253737
37 640 325
51 870 042
2 882 097
48 987 945
40 364 540

31 759 146

19 049 391
1 646 591

2.38


$65 818 234
28 147 464
93 965 698
3 638 915
90 326 783
9 707 931
25 042 222
236 450
34 986 603
55 340 180
3 182 432
52 157 748
39 000 398
43 224 026

16 943 267
2 286 343
2.58


$442007172
108 447 36 5
550454537

24 649 457
525 805 080
62155 119
155145 752
1 432 421
218 733 292
307 071788
17 438 448
289 633 340
237 845 784
266 560 210

113 226 693
40 161 027
2.40


397 623 123
117874472
515497595
29127337
486 370 2 58

56 986 469
149 042 269
1 388 854
207417592
278 952 666
18 553163
260 399 503
229 329 795

255 801282

107 930 166
57 392100

2.34


$16 004 753
7 043 999
25 048 752
716 050
22 332 702
5 531 376
11244219
91 060
16 866 655
5 466 047
1413 870
4 052177
15 469 111

676 084

2 618 785

1.32


25 914 896
7128 258
33 043154
892 407
32 150 747
5 895 304
10 844 617
80 759
16 820 680
15 330 067
1441341
13888726

15 500 148
10 887 674

1 898 257

1.91


8136 424 264
38 411704
174 835 968

6021 331
168 814 637
33 537 018
67 639 297
462 008
101638 323
67 176 314
8 475 796
58 700 518
89 077108
47 341 142

17 771 448
6 481525
1.66


$119 374 144
43243583
162 617727
6 662 617
155 955 110
34 622 349
64173 821
446299
99 242 469
56 712 641
8694950
48017691
86 404 043

52 504 301

17 578 246
24 246 826
1.57


$7145 582
646 302
7 791 884
434 555
7 357 329

6259
1377 317
14 2 78
1397 854
5 959 475
8 711
5 950 764
3 078 219
4 630 949

413 376
2
5.26


$7 557 383
661876
8 219 259
466 607
7 752 652
5 872
1 290 08 4
12106
1 308 062
6 444 590
8739
6 435 851
2 890 458
6 888 927

310 032

5.93


$46 228 932
4127235
50 356 167
2 703 967
47 652 200
44 620
8 086 447
79 724
8 210 791
39 441 409
52 379
39 389 030
17 761158
32 915162

22 348 182
529 007
5,80


42 936 862
4246455
47183 317
3 032 821
44 150 496
42 921
7 675 606
74190
7 792 717
36357779
52 474
36 305 305
16 906 624
38237642

18129 602
546592
5.67


SI I. h 4 4 1.


SOUTHERN REGION


WESTERN DISTRICT


For the month of June For the six months of For the month of Tune For the six months of

1952 1951 1952 1951 1952 1951 1952 1951


$13 565 316
3 064 275
16 629 591
773 2 94
15 656297
669 732
3 929 747
25 215
4 624694
11 031 603
302 903
10 728 700
5 819174
6 357 636

1 416 853
468 841

3.29


$9 356 884
2 999 2 6
12 356 152
729 721
11 626 431

816 541
3 710 101
27 524
4 554166
7 072 265
340 324
6 731 941
5 415 264
5186 743

996 004
10 223
2.55


-4 4. -.I -- I __ _I _


$85 460 266
12 476 462
97 936 728
4 732 575
95 204153
4 830 396
23 198643
166 021
28 195 060
65 009 093
1 916 709
63 092 384
33 988 533
61175 285

16 089 076
3 181 959
3.31


$72 268 606
13547547
85 816153
9 036 8 52
76 779 301
4 745 867
22 054 344
196 429
26 996 640
49 782 661
2 014 423
47768238

31912 501
40 309 446

16 895 944
3 681 915
2.84


$31 184 4 59
14 631 364
45 615 823

1 851 784
43 964 039
5 022 372
9 405 566
123 184
14 551122
29 412 917
1156 613
28 256 304
15 998 036
19 894477

14600 377
1177 748
3.02


$22 989 071
17 358 062
40 347 133
1 550 180
38 796 953
2 990 214
9 197 420
116 061
12 303 695
26 493 258
1 392 028
25 101 230

15194 528
20 260 682

13 738 974
2 276120
3.15


$173 893 710
53 431964
227 325 674
11191584
216 134 090
23 743 085
56 221 36 5
724 668
80 689 118
135 444 972
6995564
128 451 408
97 018 985
125 128 621

57 017 987
29 968 536
2.68


t +


UNITED STATES

Balance at the end of June


Selected Liability Items


$163 043 511
56836887
219 880 398
10 395 047
209485 351

17 575 332
55138 498
671 936
73 385 766
136 099 585
7 791316
128 308 269
94106 62 7
124749893

55 326 374
28 916 767
2.85


UNITED STATES

Balance at the end of June


i i1 i ,,- i -


$176,134,697

539,112,792
482,528,124
106,980,447


8o6,946,436
820,544,413
88,669,222
1,156,768
59,298,042
154,545,216
396,537,070
904,853,069
15,035,676
221,859,697
33,478,050
3,502,923.659


$152,474,706
507,688,230
472,318,096
117,543,767


821,039,264
857,251,142
123,782,079
1,846,872
55 234,180
161,164,851
418,072,811
880,169,951
14,617,156
220,122,156
34,561,415

3,587,861,877


40. Funded debt maturing within 6 months 2/.


11. Loans and bills payable 3
42. Traffic and car-service balances-Cr.
N4. Audited accounts and wages payable
. Miscellaneous accounts payable
4. Interest matured unpaid..
4i. Dividends matured unpaid
47. Unmatured interest accrued
U. Unmatured dividends declared.
49. Accrued accounts payable
50. Taxes accrued
51. Other current liabilities

52. Total current liabilities (items 1 to Rl i


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


$154,287,661


4 4


4,248,381
104,030,996
545,474,399
215,769,602
47,949,420
19,363,935
61,961,152
20,754,340
250,900,402
757,455,022
95,613,445
2.123.521.094


573,113,771
184,341,251
298,092,628


$159,281,081


11,704,167
104,415,681
551,546,953
247,136,642
44,866,413
15,898,012
60,719,748
23,597,033
230,609,049
808,158,424
95,011,540
2,193,663,662


635,896,713
172,261,711
297,445,051


MILLIONS
OF DOLLARS


120

100

80

60

40


I I II


I' 1111111


MILLIONS
OF DOLLARS


OFSLLR


III(IlliII


JFMAM J JASOND J FMAM J J ASO NDJ FMAM J J ASO N
1950 1951 1952


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYBS


Period


Report showing
Net Inoome


Number Amount


-I


Reports showing
Net Deficit


June ...... 1952 89 $55,641,657 34 46,653,712
June ...... 1951 97 54,421,014 25 2,263,266
6 months .. 1952 100 310,706,577 22 21,073,237
6 months .. 1951 105 280,247,472 18 19,847,969


Amount


* Excludes 4 roads whose net income (or deficit) was
absorbed by the controlling company.


fh. ._._. ._. ._._._1 1_1_1_ 11


d Decrease, deficit, or other reverse item.
Y/ Represents accruals, including the amount in default.


U. S. GOVERNMENT PRINTING OFFICE : 152 O 200327


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.
1/ Includes obligation which mature nol more than one year after
date of issue.


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 June For the six months of For the month of June For the six months of For the month of June For the six months of

1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951


0,


o a
I-1
nL
O L



I


-J


NET INCOME-ALL CLASS I RAILWAYS


I 1 1'I


It


I I I I I I I


I I I I I


-t


-r--


--r


-r


-T-


--v i| iI I


I ,l l


6


. -- if .. ... ... ..


I --


r


IOU


Numboer-









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS



SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
TOR THE SIX MONTHS ENIED JUNE 1952 AND 1951


NET RAILWAY OPERATING
INCOME


Region and railway


United states Total ............... $44 2


1397.623.121


56.102.143


322,053
17,739.869
2,628,635
d 2.322.269
4,049,512
1,774,697
685,930
708,895
1,671,732
2,086,659
485,337
d 2,689,592
407,124
20,410,532
d 2,268,142
6,377,407
d 172,649
4,206.420


NET INCCON


23.914.155


275,723
10,743,790
1,475,024
d 1.152.251
2,644,305
1,144,934
27,818
435,641
991,202
966.516
112,178
d 4,001.102
450,164
5,186,349
d 2,581.438
5,100.737

2,4.3o


18.271.782


289,404
7,267,846
2,538,683
718,378
1,964,711
995.574
472,643
319.744
1.514.292
1.977,798
204,212
d 3.996,179
419,832
d 675.961
d 2,722,642
4.506,374
d 433,957
2 91 nn0


S 1 5 __ __ __ _


FEDERAL INCOMg
TAXES


1 r ,


1289. 633. 34


1951


1952


1951


DIVIDED
APPROPRIATIONS


1952


Region and railway


NET RAILWAY OPERATING
INCOME


FEDERAL INCOME
TAXES


DIVIDEND
APPROPRIATIONS


~1 -~ 1* ,. I -~


1951


1952


1951


1952


t t 1- 4 4 + 4 I- __ _-... __ __ 1 _


062$ 399 503 $266 5 d


--. --.. ............ 4 .3 t5,7Z013 15 2.2
Eastern District Total .............136,424,264 119.374,144 58.700,5181 48,017,691 [47,341142 52,504.301 24,252,973 41,825,072


New England Region Total ..........

Bangor and Aroostook .................
Boston & Maine .......................
Canadian National Lines in New England
Canadian Pacific Lines in Maine ......
Canadian Pacific Lines in Vermont ....
Central Vermont ......................
Maine Central ........................
New York Connecting ............ ...
New York, New Haven and Hartford .....
Rutland ..............................


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

Ann Arbor............................
Cambria and Indiana ..................
Delaware and Hudson..................
Delaware, Lackawanna and Western .....
Detroit and Mackinac .................
Detroit and Toledo Shore Line ........
Erie ................................
Grand Trunk Western ..................
Lehigh and Hudson River ...............
Lehigh and New England ...............
Lehigh Valley ........................
Monongahela ..........................
Montour..............................
New York Central .....................
New York, Chicago and St. Louis ......
New York, Ontario and Western'* ......
New York, Susquehanna and Westerne* ..
Pittsburgh and Lake Erie ..............
Pittsburg and Shamut ................
Pittsburgh and West Virginia ........
Wabash..............................


Central Eastern Region Total .......

Akron, Canton and Youngstown .........
Baltimore and Ohio ...................
Bessemer and Lake Erie ...............
Central R. R. Co. of New Jersey ......
Central R. R. Co. of Pennsylvania ....
Chicago & Eastern Illinois ..........
Chicago & Illinois Midland ..........
Chicago, Indianapolis and Louisville
Detroit, Toledo and Ironton ...........
Elgin, Joliet and Eastern ...........
Illinois Terminal....................
Long Island** ........................
Missouri-Illinois ....................
Pennsylvania .........................
Pennsylvania-Reading Seashore Lines ..
Reading ..............................
Staten Island Rapid Transit .........
Western Maryland .....................


8.717.457


1,094,729
1,994,118
d 735.862
383.577
d 458,121
d 21,066
1,499,048
395.965
4,669,865
d 104.796


61.479.241


383,088
328,708
3,329.177
4.735,568
134,798
536,799
8,531,919
980.256
213,009
908,811
5,535,557
290.460
244,480
14,633,138
10,155,920
d 218.652
242,301
4,240,779
318,981
617,263
5.336.881


66.227,566


331,978
21,115,472
1,565,465
d 2,352.190
4,446,541
1,975.345
56,888
826,637
1,171,801
1,045,006
382,914
d 2.509.116
435,929
28,906,349
d 2.118.438
7,068,429
d 109,946
3.988 542
2~~~


868,670
1,850,543
i 505.567
677,567
d 345.727
421,298
1,438,410
333,651
3,316,528
d 167.380


55.384.008


495.704
362,379
3,201,693
3.341.166
213,204
440,516
8,838,990
3.147,508
228.532
853,182
4,409,982
634,783
179,146
8,062,730
10,746,217
d 166,142
318,933
4,208,502
263,082
669,055
4.934.846


2. 84.474


1.247. 6631


3.417. 624


2 3i 10n7


193L 435


A....--.-- .......... .. ,'~~ __ __ __.____ .


764,299
125.535
d 808,717


d 849,415
960.209
5.015
2,488,823
d 101.271

32.201.889


293.225
326,155
2,437,625
2,582,838
116,828
492,143
5,223,632
d 771,135
218,228
812,934
3,648,384
d 19.829
231,991
1,810,277
8,161,597
6 938.311
d 65.996
3,016,220
249,123
382,948
3.993.012


603.570
49,438
d 605830


d
874,051
20,965
861,378
d 153,492

28.498.246


404, 627
361,070
2,301,411
3.557,677
196,983
385.559
5,612,034
404,408
232,294
780,494
2,062.578
412,715
174,056
d 3.483,949
8,632,412
d 903944
49,107
2,788,254
212,285
416.663
3.901. 12


659.606
617,741




986,277

1,154,0C0


24,646.254
2.646=254


131,622
354,180
1,395,000
1,518,992
99.729
439,550
3,074,114
5,920
134,512
718,794
1,760,400
106,821
16.,347
1,887.391
7,933.000


1,440.305

314,778
3.169.799


512.028 95.700
650,556



9.751
922,772 39.735

218,000


27.555,178


416,086
347,114
1,983,000
1.296,333
276,745
497,459
4,454,652
74,864
261,592
670,905
968,516
109,968
148,279
1,497,284
6,998,900

53,198
2,955,940
32,500
344,350
4.167. 473


12.303,032


120,000

422,206

120,000
3,852,066

140,910
680,000




2,937,729


1,727,300

305,000
1. 99007 821


95,700
2,083,235




39,538


25,380,267


120,000

422,206

120,000
3.239,514

141,210





17,307,216


1,727,300

305,000
1 007 821


I.............p.n- .n..u...


Clinchfield ...........................
Columbus and Greahvrlle...............
Florida East Coast.* ..................
Georgia B. R. Lessee Organization ...
Georgia & Florida ....................
Georgia Southern and Florida ..........
Gulf. Mobile and Ohio ................
Illinois Central ......................
Inulsville and Nashville ..............
Mississippi Central ...................
Nashville, Chattanooga & St. Louis ...
New Orleans and Northeastern ..........
Norfolk Southern ......................
Seaboard Air Line .....................
Southern ............................
Tennessee Central .....................
Western Rv. of Alabama ................


$4,714,100
44,249
3,182,794
847,639
84,013
433,7<2
5,019,315
12,853,180
12.960.443
149,632
2,656,104
751,522
481,996
11,981,029
15,314,661
133,533


$5,089,681
69.743
2,438,569
871,093
104,704
311,072
4,345,209
14,524,651
9,641,811
155,187
2,211,840
939.759
439.718
8,665,219
1,3,138,259
170,945
1 OR ^Iul


$54,828
921,758

d 387.421
287,310
31654,734
8,843,234
11.646,192
118.188
1,961,820
814,379
446.127
10,385,348
10,592.553
d 2,.200


$82,158
231,560

d 354.051
160.645
2.904,746
6,500,618
9,104,213
127,462
1,519,478
878,681
440,725
7,201,586
8,705,598
18.854


$485,214
68.800
1,025,000


320,000
3,446,000
9,605,000
9,113,918
127,848
1,475,312
1,095,000
351,714
7,115,000
11,280,000


$424,138
61,793
220, 000


188,000
2,453,000
2,890,590
8,991,140
106.254
1,402,818
1,283,000
391,398
5,550,000
7,860,000


$19,500




1,625,831
3,155.685
4,680,000
60,358
447,971

269,820
2,875,054
1,298,200


IU I Z17. 1' 45 1 105P Q7 1, 177,7531 -171,3211
Western District Total .............. 173,893,7101 163,,43,5111 128,451.408 128,308.269 125.128, 621 124:74,8 1 6.986,523 84,243.141


Northwestern Region Total ..........

Chicago and North Western ............
Chicago Great Western .................
Chicago.MilwaukeeSt.Paul and Pacific
Chicago, Saint Paul,Minneapolis & Omaha
Duluth, Miisabe and Iron Range ........
Duluth, South Shore and Atlantic ......
Duluth, Winnipeg and Pacific ..........
Great Northern ........................
Green Bay & Western ..................
Lake Superior & Ishpeming ............
Minneapolis & St. Louis ..............
Minneapolis, St. Paul & S. S. Marie ...
Northern Pacific ......................
Spokane International .................
Spokane, Portland and Seattle .........
Wisconsin Central'* ........... .....


Central Western Region Total

Atchison, Topeka and Santa e / ......
Chicago, Burlington OQuincy ..........
Chicago, Rock Island and Pacific ......
Colorado and Southern.................
Colorado & Wyoming ....................
Denver and Rio Grande Western .........
Port Worth and Denver .................
Southwestern Pacific..................
Sacramento Northern .................
Southern Pacific ....................
Southern Pacific Transp. System/ ....
Toledo, Peoria & Western .............
Union Pacific .........................
Utah ..................................
Western Pacific ......................


Southwestern Region Total ...........

Beaumont, Sour lake & Western** .......
International-Great Northern*" ........
Kansas City Southern ..................
Kansas. Oklahoma & Gulf ...............
Louisiana & Arkansas ..............
Midland Valley ........................
Missouri-Kansas-Texas .................
Missouri Pacifi** ..................
rew Orleans, Texas 6 Mexico** .........
Oklahoma City-Ada-Atoka ...............
it. Louis. Brownsville and Mexico* ...
St. Louis-San Francisco ...............
;t. Iouis, San rrancisco and Texas ....
St. Louis Southwestern ................
3an Antonio, Uvalde Gulf** ..........
Teras and New Orleans ...............
Texas and Northern ....................
Texn s and Pacific .....................
Texas Mexican .........................


18,088.441

d 1.794.242
1,809,621
4,392,993
d 1.228.481
d 1.136.243
186,744
270,055
66,,2697
115,344
54,525
789,640
d 26.210
4,792,847
203,343
2,728,898
712.910


10.5.668.4s 00 88 7 14 87 870 868 870. 99 5408.1 5271 11


2472 8 5.6.9 144855 0 30.10 .~ .50 '4 91 ,s lo 91 .4 0
____ __ ___ -. ___


608,465
1,645,468
4,423,293
d 1,720,700
1,511,127
419,277
204,629
6,789.308
276,378
172,432
543.652
180,080
5.923,187
171,173
2.919,094
725,426


9';.?19.351


d 4.182.235
1,281,727
797.261
d 2.4Q6,487
d 1.J!8.785
78,854
54,967
5,898.008
95,937
68,445
775,104

3,672,468
135,170
997,418
d 158.857


d 1.670.735
1,186,806
1,085,872
d 2.898.186
1, 342,970
345,122

7,274.091
219,513
189,457
531,488
5,680
5.690,549
104,966
1,223,530
d 1S0.015


897,000
471,000




1,675,000
155,405

624,430

810,000

760,061


742,000
884,000

2,039,897


5,125,000
193,043
205.400
464,000

3.220,000
55,000
700,000
75.000


7 0


2,330,453
54o,oo6
7,616.108




6,085,122
125,000
149,940
300,000
719,104
3,719,565
113,856


33,099,753
10,755.897
11,478,784
763,826
174,580
4,432,627
1,482,739
237.913
d 23.226
27,756,989
34,203,811
466,854
8.693,028
2 6 131.99
2,766,099


3.85. 80 4 7 09 19 o 4 7 1.9. 1~o,, ,, 56 c.C 10 ,n~0


962,811
1,420,438
3,952,170
589,203
2.318,784
d 28.997
4,674,414N
12,861,362
1,294,150
69,413
846,076
6,744,094
380,321
5,750,259
d 756,589
6,446,822
120,243
5,493,980
211,849


29,091,081
13,700,002
8,584,600
577,183
135,478
4,960,805
927.589
101,470
237,701
20,414,889
25,377.586
399,296
12.506.373
d 207.804
3,900,688


989.297
1,342,600
3,815,639
731,465
1,277,022
56,950
3.329,740
10,164,808
813.426
79.284
734,288
5,665,263
174,422
4,681,657
d 49A527
17962,697
78,997
4,252,335
208, 913


30,382,533
8.529,739
10,006.917
939,337
153.403
2,720,519
830,329
249,659
d 410.596
4,760.485
28,942,141
442,564
25,639,987
d 132.789
2,342,922


1,010,064
169,089
3,.09,087
525,980
2,015,207
d 36,927
3,114,675
5,927,236
d 8,853
66,021
497,100
4,316,359
374,017
5.359,029

5,496,943
119.179
4.440,504
153.243


26,670,84e
11,480.256
7,782,627
584,619
144.156
3,112,792
271,503
98,849
d 166.751
5,381,071
20,425,157
371,704
29,267,897
d 211.222
3,926,528


1,035,744
129,506
2,892,926
661,114
1,061,861
29,660
1,825,598
3,621.520
d 485.264
75,017
197,231
2,943,270
167,688
4,262.554
d 530.21)
3,497.667
78,633
3,306,252
144,688


II I I I --


30,525,836
7,977,616
6,449, 000
798,109
104,800
2,929,325
672,070
369,342

17.377,533
23,192,670
484.551
17.400,000

1,950,466


898,000

3,615,700
653.115
1,752,000
3.772
2,674,000
2,925,000
26,000
79.845
388,000
2,421,999
259,865
7.393.278

5,815,137
175,500
3,445,846
170.000


23,992,000
11,062,200
5,279,000
730.848
d 12.600
2,783,800
374,964
109,360

14,428,875
17,844,589
612,624
20,800,000

3.540,920


3 409


575,000
114,000
3,438,000
675,471
1.351,000
39,338
2,124,000
2,300,000

91,139
220,000
3,298,800
203,947
5,912,153

3,415,714
105,000
3,358,000
123,000


14,026,090
5.979,355
4,580,571

110,000
2,329,919



11,954,431
11,954,431
120,000
13,105,412

2,782.533


1,693,998
344,223







4,846.147

1,853,240



1,561,450


19.277.264


164,417
3,717,473
1.546,729
1,200
227,910
598,100
16,388
475,000
984,749
1,400,771
149,667

362.500
2.815,000
323,485
3.937,075

2 .56 8n00


22.636 .o16


251,299
3,953,163
2,857,064
1,259
2,950
681,200
501,141
320,000
1.539,070
3,272,822
239,920
d 239.372
604.200
2,174,000
225.117
3.319,183

2.9 3000


11.814.506


95,939

209,988

915,050
191,876

429,642
490,666

100,000


6,583,877

2,797,468


14.226.332


99,051

209,988

2.745,150
191,875

429,647
968,602

200,000


6,583,877

2,798,147


Southern District Total ........... 131,689,198 115,205,468 102,481,414 84,073,543 94,090,447 78,547,088 42.148,224 39,254,053 i
I
Pocahontas Region Total ........... 46,228,932 42,936,862 39,389,030 36,305.305 32,915,162 38,237,642 22,877.189 18,676,194

Atlantic and Danville ................ 65,649 71,610 11,799 17.333 8,335 -
Chesapeake and Chio .................. 26,660,508 22,631,082 20,557,452 16,956.460 14,325,000 17,555,000 12.034,749 8,143,786
Norfolk and Western .................. 13,036,993 14,063,245 13,086,164 14,100,072 12,350,000 13.975,000 8,658,800 8,658,800
Richmond, Frederlcksburg and Potomac 1,965,902 1,827,740 2,002,955 1,874,902 2,540,320 2,083,926 620,064 310,032
Virginian ............................ 499 4,343185 3730,660 356.538 3699842 4615381 1.563.576 1,563.576


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

Alabama Great Southern ...............
Atlanta & Saint Andrews Bay ..........
Atlanta and West Point ...............
Atlantic Coast Line .................
Central of Georgia ...................
Charleston & Western Carolina ........
Cincinnati,New Orleans & Texas Pacific


85.460.266


733.565
288,074
133,334
7,602,392
1,422,009
364,453
3,080,703


72.268.606


715,304
282.228
68,065
3,613,938
731,605
344,152
3,195,810


63.092.384


, .


1.153.490
293,570
152,665
8,717,876
812,718
161,561
2,246,456


47.768.238


1,151,480
266,050
86,636
5,554,696
447.763
178,509
2.371,752


61 17.5 2R8


815,000
408,910
128,642
10,275,000
371.17l
115,000
3,375,000


4. r3c9 446


740,000o
436,077
82,232
3,225,000
235.485
165,000
3,430,000


19 271 I035


896,828
24,000

2,062,453


1,855,335


20. 977 85


896,828
30,000

2,062.453


1,855,335


- ______ ______.________0_______ ________. _______.t________L________ _______L_______


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


J Includes Atchison, Topeka & Santa Fe By., Gul', Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
/ Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.


Page 2


1951





$19.500




3,251,662
3.155,685
4,680,000
60,358
447,970

369,868
2,450,000
1,298,200


, ,
,
I


1,601,705
9,855,128




6,185,122
125,000
107,100
300,000
719,104
2,479,710
71,160


12,812,560
6,833,548
3,876,280


2,681,596



10,636,590
10,636,590
120,000
13,105,412

2,635,131


1,693.998
344,223







4,645,084

1,853,240



1,561,450


42 ?921 871


36. 227 0.4


52. 114.734


12 6970 n57?


72 344 562


E299058


In 097 995


'i


- ii f


s


I'


T .. .


LL


1 1


LL--


T


t


-r-


-r


722 77 1 8 0 21 8


I


I


I I


I I I i iI -


-


)


-1


21


, 1 --~


z


61


01


ZL


, ,


I I


t


r


-t


5


I


I


il


LL


4-


?-I


-2


-- I


i


i--


~-


? 218 a


i


14.47P. 665


5.;392896


31 703 40


12 6. 1l


21 I444l n9o


24.792.289


5.768.995q


101.954.466


86.455.009


88.714.870


87.018.668


8701. Q9901


45 988 311


25 701 117


3 n850R 803


Isc


O

S

j
S
S
T








3j/ f'I. 3a/ e.e/.


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


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 1/. ..... -------- --- ...
6-03. Amortization of discount on funded debt
6-04. Total fixed charges..........
7. Income after fixed charges ............. ....
8. Other Deductions.
9. Net income.....
10. Depreciation (Way and structures and Equipment)......
11. Amortization 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)


Income Items


UNITED STATES


EASTERN DISTRICT


POCAHONTAS REGION


For the month of July For the seven months of For the month of July For the seven months of For the month of July For the seven months of


$60 963 230
16 929 841
77 893 071

3 279 816
74 613 2 55

9492 726
26 191 077
238 668
35 922 471
38 690 784
3221611
35 469 173

40 706 896

26 117 063

7629 617
4 305 405
2.08


1952


1951


1951


SIW____ATP I I 1E I I 5 2C 1


$44 271049
15 813 737
60 084 786

4 085 926
55 998 860

8 521190
25 150 698
227 068
33 898 956
22 099 904
3 323 224
18 776 680

40 059181

20 059 577

5 02410 7
4 401193

1.65


$503 043 405
125 377 206
628 420 609

27 929 275
600 491 334

71647844
181 336 828
1 671 088
254 655 760
345 835 574
20 660 059
525 175 515

278 552 679

292 604 274

120 856 310
44 466 432

2.36


$443128 734
133 670 210
576 798 944

33 213 263
543 585 681

65 507660
174 192 966
1 615 922
241 316 548
302 269 133
21876 387
280 392 746

269 388 978

274 675 575

112 9542 72
61793293
2.25


$11 591 4 50
6 375 2 72
17 966 722

710 104
17 256 618

5122 749
11 427 978
77 694
15 628 421
628 197
1396 604
d 768 407

15 515 6 5

d 1 460 415

1714 745
1032121
1.04


$18 029 540
5 927 92 9
23 957 469

776 163
23 181 306

5 719 793
10 821 930
75 230
16 616 953
6 564 353
1447 006
5 117 347

15 527 906

5 542 139

20 000
1 080 343
1.40


$138 638 246
49153 512
187 7917 58

7438779
180 352 979

40 342143
74 995 7 50
521 529
115 859 422
64 493 5 57
10 141 9 56
54 351601

101 931 950

56 861 156

17 598 246
25 327169

1.56


$4 562 2 22
675 875
5 238 097

409 135
4 828 96C

700C
1 374 29C
14 2 8
1395 571
3 433 382
8 703
3 424 68C

2 994 932

1686 949


219 901

3.46


$5 264 512
602 412
5 866 924

399 249
5 467 675

8377
1 289 3 97
12 106
1 309 880
4 157 795
8740
4 149 055

2 931914

4 239 669


218 067

4.17


$50 791 154
4803110
55 594 264

3 113104
52 481 160

51 620
9 460 737
94 011
9 606 368
42 874792
61082
42 813 710

20 756 090

34 602 111

22 348 182
748 908

5.46


$48201374
4848 867
53 050 241

3 432 070
49 618171

51298
8 965 003
86 296
9102 597
40 515 574
61 214
40 454 360

19 838 538

42477311

18129 602
764 659

5.45


r L j.I________I________I _______ _______


SOUTHERN REGION


- .. I


For the month of July


For the seven months of


For the month of July


WESTERN DISTRICT


__1952 11951 1952 1951 1952 1951 1952 1951


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 1/..............
6-03. Amortization of discount on funded debt...
6-04. Total fixed charges...
7. Income after fixed charges..... ...... .
8. Other Deductions
9. Net income.
10. Depreciation (Way and structures and Equipment).....
11. Amortization 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)


$9 988 690
2 222 759
12 211449

524 944
11686 505

763 616
3 989 103
30 455
4783174
6 903 331
301 582
6 601 749

5 651 440

4 647 843

5 037 743
10 2 22

2.44


$8 549 869
2 113 477
10 665 346

531 788
10 131 558

754 636
3 752 729
31 92 9
4 539 294
5 592 264
344 964
5 247 300

5 670 223

4 592 755

5 004107
10 222

2.23


$95 448 956
14 699 221
110 148177

5 257 519
104 890 658

5 594 012
27 187 746
196 476
32 978 234
71 912 424
2 218 291
69 694 133

39 839 973

65823128

21 126 819
3 192 181

3.18


___________________ I ___________________ .1 1


$80 818 475
15 661024
96479499

9 568 640
86 910 859

5 500 503
25 807073
228 358
31535 934
55 374 925
2 359 387
53 015 538

37 582 724

44 902 2 01

21900 050
3 692 137

2.76


$34 620 866
7655 935
42 476 803

1635 631
40 841 172

3 599 361
9 399 706
116 232
13115 299
27 725 873
1 514 722
26 211 151

16 344 866

21 242 686

E77 129
3 043 161

3.11


$12 427 128
7169 91 9
19 597 047

2 378 72 6
17 218 321

2 038 384
9 286 642
107 803
11432 829
5785 4 92
1 522 514
4 262 978

15 929 138

5 685 014


3 092 561

1.51


$208 714 579
61087 899
269 802 478

12 827 216
256 975 262

27 342 447
65 621070
840 899
93 804 416
163 170 846
8 508 286
154 662 560

113 363 851

146 371 307

57 895116
33 011 697

2.74


4175 470 639
64 006 807
239477446

12 773 774
226 703 672

19 613 716
64 425 140
779739
84818595
141885 077
9 313 830
132 571247

110 035 766

130434 907

55326374
32 009 328

2.67


I I I II


~~1 1 __ _ _ _I


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


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

32- Total current assets (items 21 to 31)


UNITED STATES

Balance at the end of July
1952 I 1951


Selected Liability Items


UNITED STATES

Balance at the end of July


I ~~ t I


$209,390,064

594,442,901

495,601,023
87,593,335


740,586,494
870,891,138
72,906,457
878,078
67,762,340
144,152,079
370,928,721
892,140,405
14,065,967
204 580,032
34,044,421
3,412,936,132


$182,740,017

567,960,722
472,462,054
118,945,220


800,230,955
879,616,957
129,427,511
1,843,110
58,752,146
158,477,617
390,785,223
898,409,117
12,344,043
213,138,986
35,547,969
3,578,573,634


40. Funded debt maturing within 6 months 2/_


Loans and bills payable / -
Traffic and car-service balances-Cr.
Audited accounts and wages payable
Miscellaneous accounts payable
Interest matured unpaid.
Dividends matured unpaid
Unmatured interest accrued
Unmatured dividends declared
Accrued accounts payable
Taxes accrued
Other current liabilities
Total current liabilities (items 41 to 1R


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


$232,065,341


8,035,599
97,676,503
504,388,555
201,916,955
24,425,023
7,159,901
72,822,317
25,289,949
206,208,796
799,973,640
90,260,221


2 .fl 157 459


600,248,338
199,725,302
267,739,646


$160,184,982


6,550,790
94,869,014
554,317,123
254,045,545
23,857,707
7,288,211
70,912,496
25,551,327
227,145,245
857,232,509
87,653,187


, 2 9, 23, 5
_


670,054,833
187,177,676
283,217,747


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


Period


Reports showing
Net Income


July ...... 1952 80 S43,702,727 42 $8,233,554
July ...... 1951 90 28,910,469 33 10,133,789
7 months .. 1952 94 351,137,130 27 25,961,915
7 months .. 1951 102 302,706,961 21 22,314,215


Reports showing
Net Deficit


Excludes 4 roads whose net income (or deficit) was
absorbed by the controlling company. Month of July
1952 also excludes 1 road, and the 7 months of 1952
excludes 2 roads, which reported no net income for
that month.


___________ L _________________________________________________ 4 ____________ ___________ _________________________________________________


d Decrease, deficit, or other reverse item.
T/ Represents accruals, including the amount in default.


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


UNIVERSITY OF FLORIDA


IIII111111111111111111I111111IIU11111I111111111 1 INTERSTATE COMMItRCE COMMISSION
3 1262 08851 2859 BUREAU OF TRANSPORT ECCROMICS AND STATISTICS


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


$148 088 714
44 786 976
192 875 69C

6 731 436
186 144 254

38 659 76 S
79 067 275
539 702
118 266 742
67 877 512
9 872 400
58 005112

104 592 765

45 807 728

19 486193
7 513 646

1.57


i


-r--


-t-





f


--t-


pe


Statement No. IM
JULY IS


1951


For the seven mo l


Number Amount


Number Amo t


o o0 4i i1 irl4






INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

SELECTED INCOME ITEMS BY REGION! AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE SEVER MONas EmND JULY 1952 AND 1951


Page 2


NIT RAILWAY OPERATING MIT INCOME FEDEALD INCOME DIVIDEND I RAILWAY OPERATING P INCOMEDAL INCOME bIVIDID
INCOME TAXE APPROPETATIOUS INcoME TAKES APPROPRIATIONS
Region and railway -Region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

United States Total................. $503.043.403 $443,128,734 $325.175.515 $280,392.746 $292,604,274 $274,675.575 $165.322,742 $174.747.565 Southern Regoon Contln
Eastern Distrct Total ............. 148,088.714 138.638.246 58.005.112 54.351,601 45,807.728 56.861,156 26,999,839 42.925.415 Clinchfield ........................... $5,279,030 $5.658.043 $566.083 $495,062-
Columbus and Greenville ................ 40.306 57,689 $54,973 $71.89 66,400 61.793 $19,500 $19,500
New Elangd region Total ........... 8,439.890 8,244,009 1,661.195 691.337 3,476,201 2,341,808 155.312 2.286.175 lorida st Coat .................. 3,246.935 2.386,941 607,844 d 695,000 -
Beorgia R. R. Lossee Organization ... 958.197 966,580 ....
Banor nd ALrootook .................. 1,110146 840,033 743,791 529542 595,486 419.936 95.700 143,550 eorgia & Florida ....................o9227 17137 d 46o0.54 -
Boston aine ....................... 1,900,02 1,81508 d 282.41 d 00267 644209 673.629 2,083,235 eorgia Southern and lorida ......... 471,39 348,834 301.046 173,033 335000 188,000 -
Canadian Ptioai Lines in New lan d 921.971 d 654.726d 1.06.247 71. 22 Glf. Mobile and Ohio ................. 5784.956 4,940,515 4,205.935 3,259.418 3,944.000 2.749,000 1625,831 3.251662
Canadian Pacific Lines in Maine ..... 233,197 591,953 -- Illinois Central .......................14,964,810 16,092,833 10,245,338 7.394.130 13,031,000 3,952,590 3.155,685 3.155.685
Canadian Pacific Lines In V d 5 9 144 Louisville and Nashille .............. 13,944,621 10,905,463 12.234537 10,014.018 9,242,721 9,920,480 7,020,000 7,020,000
Central Vermont ......................d1 ,7 464,652 d 1.105.478 d 499,171 9.751 Mississippi Central ................... 149.852 181,716 113,943 149.199 126.101 129.193 60,358 60.358
Mne Central ........................ 1,625,295 154,637 999,005 917,431 1,020,506 972,492 59,612 59,390 sashville, Chttanooga & St. Louis ... 3,107,108 2,436,836 2,310,456 1,636.174 1,747.411 1,524,629 639.959 639.957
New York Connecting .................. 436,95 388.369d 805 19,331 New Orleans and Northeastern ......... 878,622 1,092,589 948,048 1.022,058 1,305,000 1,473.000 -
S York, New Haven and arord..... 4,923,620 3,777992 2,4,305 944,635 1.216,000 266,000 Norfolk Southern ...................... 539025 505,345 506,651 509,713 385,714 487,398 269.820 369,868
Rutland ............................ d 142877 d 161864 138 138,842 Seaboard Air Line ..................... 13.510,833 9,888,728 11,683,944 8,161.977 7,630,000 6.250,000 2,875,054 2,450,000
Southern ............................. 17,610,385 14,758,798 12,009,270 9,369,108 13,120,000 8,560,000 2,596,400 2,596,400
Great Lakes Reion Total ........... 65.558.065 61.801.133 31.832.030 29.886.598 23.735.544 28.555,679 13.791.897 25.941.119 Tennessee Central ..................... 151,68 192816 d 7.030 22,973 -
Ann Arbor ............................ 379,913 548.022 284.706 439,848 49,515 455.935 western y. of Alabama ................ 266.655 206,362 25982 203,409 204,472 189.373 105,000 120,000
Cmbria and Indiana ................. 344,235 402,723 337,911 401.555 377,199 85,133 120000 120,000 Western District Total .............. 208,714,579 175,70,639 154,662.560 132.571,247 146,371,307 130,434,907 90,906,813 87,335,702
Delaware end Hudson ................. 3,557,643 3,532,580 2.552,328 2,488,994 1,272.000 2,108,000 -
Delaware, Lackawanna and Western .... 5,175,813 3,81,888 2,626,879 3,62642 1,252.281 1,302,413 422,206 422,206 Northwestern region Total ........... 21,487.499 29,394.131 5,863.348 15.819.390 5,889.915 17.311,992 24,742,315 24.536,590
Detroit and Mackinac ................. 156,928 246,858 134,600 227.762 118,778 319,174 -
Detroit and Toledo Shore Line ....... 550,591 476,720 498,364 412,990 430,850 533,670 140,000 140,000 Chicago and North Western ............. d 2.29z.14 184.726 d 5.063.738 d 2.486.743 2,330,453
Erie ................................ 8,876,176 9,903,488 5.816,062 6.358.562 2,099,469 4,002,360 3,852,066 3.239,514 Chicago Great Western ................ 2,024.005 1.731552 1.504,020 1,188,653 1.033,000 742,000 540,006 1.601,705
Grand Trunk Western ................. 641,295 2.586.091 d 1,438,718 78.260 7,577 74.864 Chicago,Milwsukese,St.Paul and Pacific 5.521,756 4,204,032 1.350,532 339.009 269,000 201,000 7,616,108 9,855,128
Lehigh nd Hudson River ............. 228756 255813 233,958 260.057 138990 291.678 140.910 141.210 Chicago, Saint Paul.Minneapolie & Oa 12 9 d 1924.1 d 2.609.740 d 3.29.205---
Lehigh and New England ............... 1039.955 1.00.471 927,628 920,396 813,677 794.970 680.000 Duluth Missabe and Iron Range........ d 88.8 2.701,542 d 2.137.132 2,504,654 4404,902 -
Lehigh Valley ........................ 5.883.632 5.205.449 3.694,297 2.484,.172 1.388,.100 917.536 Duluth. South Shore and Atlantic ..... 9853 372.581- 281,320 -..
Monongahela ......................... 287,295 552.157 d 57.98 294.520 74,703 228,622 Duluth, Winnipeg and Pacific .......... 191,586 185,591 8877 56.100- -
Monto ............................. 254507 16860 239890 16.621 161347 136365 Great Northern ........................ 7,935.348 8.981,342 745946 8806799 1,925,000 6,800,000 9.128.283 9,277.683
Nw York Cntral.................... 15 631 10,508,336 447 d 3.11972 2,206,048 1,723,748 Green Bay & Western .............. 119,482 282,152 95.025 211,111 163,474 183,231 125,000 125.000
Now York, Chicago and St. Louis ...... ]0,921.275 12,189,316 8,595,386 9,752,348 8,235,000 7.974,400 4,406,514 17,848.068 Lake Superior & Ishpeming ............... 37,955 280,026 53,827 299.701 324,800 149,940 107,100
New York, Ontario and Western5* .... d 326,28 d 269.30 a 1175.469 d 1.128,69 Minneapolis & St. Louis ............... 889,960 623,952 838,309 602,271 615.730 534.000 300.000 300,000
New York, Susquehanna and Western* 217,98 351821 1378 31893 34.551 -- Minneapolis, St. Paul & S. S. arie .. 360.913 466,464 34,92411773 71910 719104
Pittsburgh and Lake Erie ............. 4,503,812 4,624:.849 3,267,401 3.048,904 1.363,015 3.105,468 1,727,300 1,727,300 Northern Pacific ..................... 5,644,729 6,815,406 3.867,760 5,976,388 1,022.000 31154,802 3,719,565 2,479,710
Pittsburg and Shawaut ..................... 355.508 301,875 274,061 238,768 36,000 -- Spokane Internetional ................... 261.915 205.741 182.876 128.312 11,650 70.000 113,.856 71,160
Pittsburgh and West Virginia ........... 646,.898 728,406 371,506 433,673 279,940 356.363 305,000 305,000 Spokane. Portland and Seattle ........ 3,123,4 3,406,152 1,106,194 1.422,973 850,061 940,000 -
Wabash .................................. 6,127.540 4,667.993 4,42,575 3,424,072 3.467,055 3,774,429 1,997,821 1,997,821 Wisconsin Central ........... 700,43 877.203 d 3 11.654 d 140.677 75.000 -
Central Eastern Reon Total ....... 74,090.759 68.593,104 24,511,887 23.773,666 18.595.983 25,963,669 13,052.630 14,698.121 Central Western Region Total ........ 124.056.465 99,016,484 106,339.156 90,900,283 103.840,230 85,616,093 54,988.111 52.701.117
Akron Canton and Youngtown ........ 379.438 369.410 310.114 328,496 131.895 285,966 95.939 99,051 Atchison. Topeka and Santa Fe ...... 42,903,783 27,063.334 39,846.129 24,102.850 38.725.995 21.801,000 14.026,090 12,812,560
Baltimore and Ohio ................... 23530,994 20,714.182 11.399,591 8.556.965 2,181.163 4.397,392 Chicago, Burlington & Qunicoy.......... 13.662,236 15,164.967 10.995,160 12,368.204 9.968.136 11.945.005 5.979,355 6,833.548
Bessemer and Lake Erie ................ 1.813,251 3.159,815 1.694,318 3,045.088 1,8o4,473 3,615,626 209,988 209,988 Chicago, Rock Island and Pacific ...... 13,869,487 8,489,363 12,176.505 7,547,038 8.012,000 4.236,000 4,580.571 3,876,280
Central R. R. Co. of New Jersey ..... d 2 417 d 2.660.0 d 1.328.898 54.937 1.400 1.459 Colorado and Southern................. 921,860 737,360 1,073,629 744,058 833,?370 916,95 -
Central B. R. Co. of Pennslvnnia 4,912,806 4,718,983 2,62270 2.371,502 284,870 3,650 915,050 2,745.150 Coloredo & Wyoming ...................... 121,021 167,671 95558 177724 104.800 29,200 110,000 -
Chicago & astern Illinois ........... 2,289.735 2,059,065 1,314,092 1,51,382 631,800 791,600 1,150,484 383.752 Denver and Rio Grande Western ......... 4,860,625 5.568,932 2.905,218 3,457,218 3,10,025 3,078,800 2,329,919 2,681.596
Chicago & Illinois Midland ........... 32,510 751,407 d 368 501,478 5.388 499.01- Fort Worth and Dver................. 1,692,874 1,51,084 949000 381,460 746,43 488459 -
Chicago, Indianapolis and Louisville 886.579 786.858 431,039 334,809 470,000 335.000 429,642 429.642 Northwestern Pacific .................... 268,927 122.757 283,232 119,346 464,587 143.244 -
Detroit, Toledo and Ironton ..........2.259,415 1,886,185 1,051.,723 1.700,754 998,881 1,684,248 490,666 968,602 Sacramento Northern ................... d 32,597 268.096 a 480.474 d 201.43o -
Elgin, Joliet and astern ............ 940.869 246,174 848.111 2,19,102 1,092,116 3,831,516 -- Southern Pacific ..................... 31.919,836 22,790.623 5,282,302 5.757,720 18.479,019 15.,19.414 11,954,431 10,636,590
llinois Terminald .................... 478.574 555.499 163,845 228,599 220,367 271.719 100,000 200,000 Southern Pacific Transp. System /V .... 39,296,148 28.107,848 33,111.770 21,992,222 24.570,960 19,283,400 11,954.431 10.636,590
Long Isldllno ................. 2 9571 2.02.6 316 92 d 23 72 Toldo, Peoria & Western .............. 490,431 437,691 462,730 403,732 507,249 586.356 120,000 120,000
PMnnsylo n ois ....................... 495,437 440,328 511,887 455280 412 700 611500 Union Pacific ......................... 10.337.591 13,074,804 30,211.,534 32,103,307 20,650,000 22,800.000 13,105,412 13,105,412
Pennylvania......................... 32123943 26528,811 4,69,343 1,677,902 3.319,000 2,809,000 6.583,8 6583,877 t .................................. d 12.023 d 203.100 d 15.298 d 26.402 -
Pensnylvania-Reading Seashore Lines.. d 2.481.638 d6 2.405.125 d 3.0210 d 2.956.375 394.283 278,637 Western Pacific....................... 3,192,414 4,182.902 2.691.931 4145,458 2,188,566 3,772,220 2.782,533 2.635.131
Reading .............................. ,886,329 7,83,171 5,606,922 4896,180 4,029,747 3,530,687 3,076,984 3,078,059 eter fc 319241 418290 2691931 4.15.58533 63531
Staten Island Rapid Transit .......... 137,810 d 215,409 d 438.28 d 19824 -
etern Maryland ...........4.352.265 ,676.326 2.572,934 31 315 2,617,900 3256000 Southwestern Reion Total ........... 63170.615 47.060.024 42,460,056 25.851.574 36.641,162 27.506.822 11.176.187 10,097.995
Southern District t ............ 146,240,110 129,019.849 112.507,843 93,469.898 100.425,239 87.379.512 47,416,090 44,486,448 Beaumont. Sour Lake & Western* ....... 1.345.506 1,098,115 1,402.878 1,160,764 835,000 594,000
Internettonal-Oreat Northern* ......... 1,623.044 1.561.071 167,749 132,829 d 50.00 117.000 -
O2 _R on _- Total ........... 50,791,154 48.201,374 42,813,710 40.454.360 34,602.111 42,477,311 23,097.090 18,894,261 Kaneas City Southern ................. 4,548,425 4.302,260 3.470,104 3,204,526 3,936,700 3,828.000 1.693.998 1,693,998
Atlanti and Danville ................ 54,69 53718 Kansas, Oklahoa & Gulf ............... 671229 804,340 611.749 722,253 763.851 729,802 344,223 344,223
CheAtlanticpa and anvOhiole ................ 54.690 53 718 d 8080 d 9.65 8335 Loulia a & Arkansas .................. 2,674.242 1,486,636 2,339,309 1,264,236 1,975.000 1.586,000
Chesapeake and Ohio .................. 29.003,689 25,494.975 21,888,360 18,835,369 14,285,000 19.450,000 12,034,748 8,141.951 Midland alle ............ 62,21 d 31. 5 122,643 2,72 42,677 oo
Norfolk and Western .................. 14.599,816 15,792742 14,663,094 15.855,592 13,550,000 15,700,000 8,878.702 8,878,702 Mi souri-KanI as 5437.990 3,301.069 3,611.157 1.547733 3,131,000 1.297,000
Richmond, Fredericksburg and Potomac 2.173,915 2,017,186 2,218,671 2,071.690 2,756,820 2,375,918 620,064 310,032 Missouri PacificZ..."................. 15,658,720 10,692,581 7,426,982 2,663,139 4,225,000 1,368,000
Vlrginin ............................ 4,959,04 4,82753 4,051665 3,701,362 4.010,291 4,943,058 1,563,576 1,563,576 N leans, Teas Me ........... 1,393306 877,638 d 12.9 60280
Oklahoma City-Aod-Atoka ................ 78,337 88,364 74,132 82.976 89,758 93.080
Southern eon Total ............. 95,448.956 80,818.475 69.694,133 53,015.538 65.823.128 44,902,201 24.319.000 25,592.187 St. Louis Brownville and Mexico ... 909.849 918.035 490,735 516,501 364.000 264000
labam ..St. Louis-San Francisco .............. 7.875.483 6,223,552 5,049,944 3,047,171 2,724,999 3,446,300 5,723,276 4,645,084
laba Great Southern............... 828.797 800,177 1230,187 1,218,680 915,000 805,000 896,828 896,828 St. Louis, San Francisco and Texas .... 425,844 200,494 418,494 192,800 406,865 226.947 -
tlanta & Saint Andrews Bay ......... 330,409 332,133 33,52 310,840 468,425 512846 ,00 30,000 St. Louis Southwestern .............. 6.761,010 5,231,213 6,308.590 4743,973 7,889,730 6.381.330 1,853,240 1.853,240
Atlanta and West Point .............. 136,167 74,842 164,842 102,905 144.627 98,352 49,272 24,636 San Antonaio, Uvalde & Oulfe* ...........d21.338 d 474.237 d 434.801 d 582918 -
Atlantic Coast Line ............. .. 7.717.016 4,021.983 9.424,214 6,693,676 9,600.000 3,300,000 3.091.736 3,091,736 Texas and Rew Orleans ................. 7.376.312 5.317.225 6.268.113 3,602,298 6,091,941 3,.463.986
Central of Georgia .................... ...1,532,408 727105 824,590 36,101 361,174 160,485 Texas and Northern ..................... 138,379 101,023 137,167 100,649 207,700 141.700
Cherleton & Western Carolina........ 379.707 410,672 142,468 217,982 90,000 2,000 Texas and Pacific..................... 6,312,994 5.038.116 5,081,982 3,927941 3,831,846 3.798,000 1,561,450 1.561,450
Cincinnati,New Orleanseieo & Texas Pacific 527718 664.338 2556401 2,69345 3845.000 3,845 1,865,557 1.865.557 T xic ......................... 264,764 230108 195,08 52,340 215,000 129 0005
* Report of receiver or receivers.


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


J Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Te Ry., and Panhandle & Santa Fe Ry.
!J Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.


U. S. GOVERNMENT PRINTING OFFICE : 152 0 200327





Subjeclo revision


1 uIIV:1II Y OF FLORIDA

IIIIIIIIIIIIIIIIIIIIllllllllllII ll INTERSTATE COMMERCE COMMISSION
3 1262 08851 2867 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 August Fqr.the eight months of For the month of August For the eight months of For the month of August For the eight months of

1952 1951 .'1952N, 1951 1952 1951 1952 1951 1952 1951 1952 1951

1. Net railway operating income $... .1...04 939 432 $82 667 202 $611 327r834 3527 579 7 39 $35 437 926 25 306 431 186 871 640 166 001094 $8 955 581 $8 628 025 $59 746 735 $(7 029 399
2. Other income..... 16942620 17 568387 142 3198217 151 238 601 6 735223 6 933000 51522199 56086515 633 991 661 157 r 437101 5510024
3. Total income ..... 121 82052 100255569 75364,7661 678818 34 421,73149 32239431 238 393839 22087609 9589 572 9489 12 65183836 02539423
4. Miscellaneous deductions from income .......... 4443 093 4 606 68 9 32 372 168 37819955 936 433 785 763 7667869 8224545 392 991 503258 3 506095 3 935326
5. Income available for fixed charges ..... 117438959 95648900 721.275 29 3 640y98385 41236 716 31453 66 230725970 213863064 9196 581 8985924 61677741 58604095
6. Fixed charges:
6-01. Rent for leased roads and equipment 9 615 367 9 65 362 61 26'3215 75133020 5 538 093 5 788950 44197860 46131131 7976 6 205 59596 57503
6-02. Interest deductions/ .26349 711 25115178 2076 6538 1 99308146 11552392 10852841 90619666 65848592 1378848 1 21 433 10839565 10256436
6-03. Amortization of discount on funded debt 287915 272 908 1 959004 1888830 104472 74441 644174 59597C 14274 12 586 108 26 5 98 R32
6-04. Total fixed charges .. 36252993 35013448 290908755 276329 996 17194957 16716272 1355461700 132575693 1401 098 1310224 11007466 10412821
7. Income after fixed charges... 681185966 60635452 4303668538 364668389 24041759 14737396 95264270 81287371 7795463 7675700 50670275 40191274
8. Other Deductions 3030649 3109639 236;0 708 234b6027 1411144 1430001 11283544 11571956 8703 8739 69785 69953
9. Net income.. 78155 317 57525813 406 675 830 339 802 6 2 22630615 13 307395 83980726 u9715413 7786 780 7 666961 50600490 A8121321
10. Depreciation (Way and structures and Equipment) ... 41047 320 40871451 519 600 015 310 553 034 15 737 364 16062225 120330145 117y94170 2974 363 2 932366 23730453 22770904
11. Amortization of defense projects .---------------------- -
12. Federal income taxes .... 59021251 56476614 348453525 329199772 15983 33 12623774 58619061 67 53513 6215 174 9140 293 40817285 51625604
13. Dividend appropriations:
13-01. On common stock... 26690 b6 24 558491 146 780104 137 512 763 1270 740 172 500 19990201 17770746 10 676 322 8 909 7 5 33224504 27039387
13-02. On preferred stock.. 4511 2 74 5708066 49744438 67 501379 468336 1661126 8748714 26968295 1 631853 1 635875 2 580761 2600534
Ratio of income to fixed charges (Item 5+6-04) 3.24 2.73 2.48 2.32 2.40 1.88 1.70 1.61 6.56 6.86 5.60 5.63


SOUTHERN REGION WESTERN DISTRICT
MILLIONS NET INCOME-ALL CLASS I RAILWAYS MILLION
OF DOLLARS OF DOLLS
Income Items For the month of August For the eight months of For the month of August For the eight months of oSO O o o160A

1952 1951 1952 1951 1952 1951 1952 1951
140- 141
1. Net railway operating income $14624289 $11 362 807 110 073 24 4 $92 181282 $45 921 636 $37 189 93 9 $254 636 215 212 367 964
2. Other income.. 1665 106 2610443 16364328 18271467 7908 300 7 36577 68996199 71370595
3. Total income .. ..16289395 13973250 126437572 110452749 53829936 44553726 323632414 683 738559 120 O
4. Miscellaneous deductions from income...................... 1154 9 51 1 196 16 6 6 412 4 70 10 764 806 1 958 718 2 121 502 14 785 934 14 895 276
5. Income available for fixed charges... 15134444 12777C84 120025102 99687943 51 71218 42 432224 308846480 268843283 100 10
6. Fixed charges:
6-01. Rent for leased roads and equipment.. 773236 774 108 6367250 6 274 611 3 296 060 3 056 059 30 638 507 22 669 775
6-02. Interest deductionsl/................ 4 009 311 3 728 882 31197 057 29535 955 9 409 160 9 242 022 75 030 230 73 667163 0 sC
6-03. Amortization of discount on funded debt .50 792 65 833 247268 294191 118 377 120 048 959277 899787
6-04. Total fixed charges... 463 341 4568823 37811575 36104757 12823597 12418129 106628014 97236725
7. Income after fixed charges ....... 10 301 103 8 208 261 62 213 527 63 563513S 9 047 621 30014095 202218466 171606556 60 60
8. Other Deductions. 291 328 345 361 2509619 2704746 1319474 1 325538 9827760 10639368
9. Net income.. 10009 775 7862900 79703908 0 87843C 37 728147 28688557 192 390706 160 96719C
10. Depreciation (Way and structures and Equipment).. 5 859 073 5 594 450 45699046 43177174 16476 520 16 282410 129 840 371 126610786 l
11. Amortization of defense projects.--- .....----. ----- -
12. Federal income taxes. 8385 023 8 552 347 74208151 53454 548 28437 721 26 152 200 174 809 028 156 57 107 EO -020
13. Dividend appropriations:
13-01. On common stock.... 1357976 1018484 22484797 22918534 13185486 14457722 71080602 69 784 096 n0
13-02. On preferred stock..... .. 10223 10223 3 202404 3702 360 2 2008 62 2 200 862 35212559 34 210 190C lI I I
Ratio of income to fixed charges (Item 5-6-04) 3.13 2.80 3.17 2.76 4.04 3.42 2.90 2.76 JFMAM J J AS 0 N J FMAMJ J ASO N DJFMAM J J A SOND
1950 1951 1952

UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Selected Liability Items UN ETST ANALYSIS OF NET INCOE--ALL CLASS I RAILWAYS *
Balance at the end of August Balance at the end of August
1952 1951 1952 1951
Report showing Reports showing
17. Expenditures (gross) for additions and betterments- 40. Funded debt maturing within 6 months /.. $230,311,850 $155,380,330 Period Net Income Net Deficit
Road- ......................-..............................B... ..a..--- $238,571,327 $216,638,124.--
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable / 7,317,624 6,212,471 _Number Amount Numbe Amount
Equipment 655,373,834 653,327,067 42. Traffic and car-service balances-Cr. 101,080,086 103,628,295
19. Investments in stocks, bonds, etc.. other than those ,. Audited accounts and wages payable 522,610,199 571,659,58 August .... 1952 105 $80,468,747 18 2,313,430
of affiliated companies (Total. Account 707) 88,689,301 471,974,757 Miscellaneous accounts payable .. 203,130,389 198,470.718 August .... 1951 105 60,489,948 18 2,964,135
20. Other unadjusted debits. 88,217,326 118,802,990 45. Interest matured unpaid 23,046,416 21,698,039 8 months .. 1952 101 429,143,610 22 22,467,780
21. Cash 88,47493 838267,770 4 Dividends matured unpaid 10,669,679 9,526176 8 months .. 1951 100 362,044,387 23 22,362,025
22. Temporary cash investments .... 88,077,53 889,213162 47 Unmatured interest accrued. 85,308,508 83,23,376
22. Temporary cash investments ....... .077,053 23 2 g. Unmatured dividends declared 46,646,972 46,617,270
23. Special deposits........ .................. .. .......... 69,700,907 66,234,793 49. Accrued accounts payable 214,558,469 234,078,845
SLoans and bills receivable.... ......... 871272 2,141,061 50. Taxcrued 862117,732 860,532,200
Traffic and car-service balances-Dr. 68,233,959 61,343,920 51. Other current liabilities 102,970,531 92,978,707
2g. Net balance receivable from agents and conductors 175,704,384 159,723,465 .. E.. ..s 4 roads ihoss nmet i...1o (or deficit) was
27. Miscellaneous accounts receivable 365,330,999 379,737,763 Total current liabilities (items 4 to 51)....... 2,179,456,605 2,228,637,645 absorbed by the controlling company.
28. Materials and supplies ......... 871,232,817 911:728,799 5.A alyio ta acr e
29. Interest and dividends receivable ..718,173 13,816,979 53. Analysis of taxes accrued:
30. Accrued accounts receivable. 221,634,701 222,514,167 53-01. U. S. Government taxes 635,829,765 660,313,194
31. Other current assets 36,244,446 34,872,575 53-02. Other than U. S. Government taxes 226,287,967 200,219,006
2. Total current assets (items 21 to 31) 3,551,223,204 3.579594,454 54. Other unadjusted credits 266,773,143 287,711,841
3- Total current assets (items 21 to 31)_ ... 3,551.223,204135959,5


d Decrease, deficit, or other reverse Item.
y/ Represents accruals, including the amount in default.


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


Statement No. M-12S
AUGUST 1952






INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
TOR TH E IGHT MONTHS END AUGUST 1952 AND 1951


Page 2


NET RAILWAY OPERATING YT INCOME FIRAL INCOME DIVIDEND IT RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAKLS APPROPRIATIONS INCOME TA APPROPRIATIONS
Region and railway region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

United States Total................. $611,327.834 $527,579,739 $406,675.830 $339.682,362 $348,453,525 $329,199,772 $196.524.542 $205,014,142 Southern Region Continued
Eastern District Total ............. 186,871.640 166.001.094 83.980,726 69.715.413 58.619,061 67,532.513 28,738.915 44,759,041 linchfield ............................. $6,072,968 $6,443,034 -- $648,320 $565,098
Columbus and Greenville ................. 42,803 37,315 $57.427 $52.291 78.500 61.793 $19,500 $19,5o0
New ngland Region Total ........... 9,642.685 9.168.423 2,079,143 875,469 3,788.993 2.704.082 203162 2,286,175 Florida East Coast** .................... 3.483,121 2,019,851 193.472 d 763.540 270,000 -
Georgia E. R. Lessee Organisation ..... 1,129.945 1.161,583 -
Bangor and Aroostook ................. 1,182.063 888,379 761.326 531,025 572,580 401,418 143.550 143,550 Georgia & Florida* ...................... 145.508 184,111 d 486,692 d 430.246-
Boston & Maine ....................... 2.344,999 2,281.451 d 157.236 d 1.507 875,678 837,701 2,083,235 Georgia Southern and Florida ............ 557.125 409,359 363,525 209 299 415,000 226,000
Canadian National Lines In New nglan d 1.117.230 d 741.035 d 1.213.772 d 874,62 G--- Gulf, Mobile and Ohio ................... 6.795.150 5.606,312 4.959 073 3.688.731 4.657.000 3.125,000 1,625,831 3.251,662
Canadian Pacific Lines in Maine ...... 111.791 452,48 Illinois Central ........................ 17.687,177 18.303,708 12,294.368 8.898,603 13,153,000 5,446.590 4.513.663 4.174,169
Canadian Pacific Lines Vermont ....... d 618.6363 484,291 Louisville and Nashville ................ 15.955,604 13114,030 14.034.222 12,040,677 10,672,424 11,918,220 7020.000 7,020000
Central Vermont ..................... d 2437 523.569 d 1.103.047 580.115 9,751 -- Mississippi Central ..................... 175,356 206,433 134.949 169.696 150,890 149,042 60.358 60358
Maine Central ........................ 1,826,193 1,787,282 1,111,309 1,036,001 1.070,735 1.151,212 59.612 59.390 ashville, Chattanooga & St. Louis ...... 3,643,527 2,284,011 2.730,292 1,937.300 2,043408 2.301,986 639.959 639.957
Nex York Connecting ................. 447,038 397,732 d 53.741 d 27.851 New Orleans and Northeastern ............ 1,002,757 1,243.601 1,082.794 1.163,642 1.510.000 1,698.000- -
New Tork. New Haven and Hartford ..... 5,616,147 4.197.994 2.877.855 1,049,228 1,270.000 304.000 Norfolk Southern ........................ 617,351 566.441 577.445 561,788 415.714 533.648 269.820 369,868
Iutland .............................. d 147.516 d 135142 d 143.551 d 120.850 -- Seaboard Air Line ....................... 15.281.939 11,468.399 13.148,438 9.453.297 8.580,000 7.360,000 2.875.054 2,450,000
Southern ................................20892,663 16,926,106 14,408,276 10,655.950 16,330,000 9.935.000 2,596,400 2.596,400
Great lakes Region Total ........... 79.639,010 73.533.366 40.257.393 36,238,736 29,331.183 32,734.509 13,964,577 26,113,619 Tennessee Central ....................... 216,018 249,426 33,811 60953 -
Ann Arbor ............................ 412.711 666,601 313.503 542,986 7,922 563.641 western By. of Alabama .................. 300,963 229,387 290901 223.833 221,105 211.565 105.000 120,000
Cambria and Indiana .................. 425,625 452,360 416,160 451.350 451.223 433,153 120,000 120000 Western District Total ................ 254636.215 212.367,964 192390,706 160.967,190 174.809.028 156.587,107 106.293.161 103.994,286
Delaware and Hudson .................. 3,990,847 4,144,869 2,837.989 2,963,042 1,428,000 2,480,000 -
Delaware, Lackawanna and Western ..... 6,187830 4.439.953 3,202,041 3.809,071 1,742,800 1,420,370 422,206 422,206 Northwestern eglon Total ............. 38.581,521 39,173.435 19.671,347 22,161,071 13.912,846 23,511,956 24,742,315 26546.373
Detroit and Mackinac ................ 184.528 275,079 161,113 248,731 140,011 354,984 -
Detroit and Toledo Shore Line ........ 655,006 554.522 595,834 488.236 520,979 594,990 160.000 160.000 Chicago and North Western ..............d 405.379 1,064,922 d 3.583.424 d 2.010.151 -- 2,330,453
Erie ................................ 10,429.371 11.319.699 6,843,788 7,222,919 2,772,786 4,348.235 3.852,066 3,239,514 Chicago Great Western .................. 2,362,825 1,918,973 1,754,061 1,288,887 1,239,000 742,000 540,006 1,601,705
Grand Trunk Western .................. 634,774 2.464020 d 1.776.772 d 1,108.516 9,233 74,864 Chicago.Milvaukee, St.Paul and Pacific .. 7,868,896 5.470.688 3,106,425 980,362 1,524,000 915,000 7,616,108 9,855,128
Lehigh and Hudson River .............. 267,104 293.039 272,360 297.367 168,198 318,901 140,910 141,210 Chicago Saint Paul, Minneapolis & Onaha d 866967 d 1.699086 d 2.433.896 d 3.259220 -
lehigh and New ngland ............... 1,228565 1,183.542 1,100,401 1,087,929 972,408 930,945 680,000 Duluth, Missabe and Iron Bange ......... 1.596,457 4,160.189 1.302.379 3.935,073 1.034,000 6412.958
Lehigh Valley ........................ 6,982.750 6.102,017 4,494,713 2,989,127 2,010,800 1,143,036 -- Duluth, South Shore and Atlantic ........ 271,259 468,644 129,133 360.139 -
Monongahela ......................... 448,131 710,316 66.618 414,763 48,196 282,071 Duluth, Winnipeg and Pacific ........... 131.933 97,085 d 154003 d 179393- -
Montour ............................. 290,023 201,632 270.323 191,119 176,195 169,403 Great Northern ......................... 12.079,811 11,505,617 10,641.019 10,820,581 5,477.651 9,025.000 9,128,283 9,277.683
New York Central ..................... 20,499,723 14,781.274 2,375,071 d 1.540,39 2,570,905 1,969.817 Green Bay & Western ..................... 109.777 301,504 74,241 214,987 150,011 189,065 125,000 125,000
New York, Chicago and St. loi ...... 13,217,827 14,432,488 10,550.583 11,622.595 10,190.500 9.614,400 4,406.774 17.848,068 Lake Superior & Ishpeming ............... 273,716 495,721 291,422 518,680 206.300 562,000 149.940 10.100
New York, Ontario and Western* ..... d 383.502 d 343.891 d 1.354.692 d 1.25,412 Minneapolis & St. Loui ................. 1,125,291 722,026 1,056,220 701,206 772,030 641,000 300,000 450.000
SYork, Susquehanna and Western* .. 232,269 392,391 d 13.095 22,963 24,877 -- Minneapolis, St. Paul & S. S. Marie ..... 1,266,479 995,639 774,095 493.332 364.543 d 25486 719.104 719.04
Pittsburgh and Lake rie ............. 5.771,673 5,211,125 4,144,523 3,460.194 1,980.562 3.506,252 1,727,300 1,727.300 Northern Pacific ....................... 7,225,880 8,256,944 4.769.561 6,656.332 2.006,000 ,893,802 3719.565 4339.493
Pittsburg and Shawut ................ 425984 336,297 333,288 261,180 36,000 -- Spokane International ................... 322,265 242,867 232,107 153,973 39,250 97000 113,856 71160
Pittsburgh and West Virginia ......... 792,461 810,276 476.470 473.693 371.224 389,962 457,500 457500 Spokane, Portland and Seattle ........... 3,932.108 3,911,614 1.590.559 1,641.126 1,100,061 1,400,000 -
Wabash ............................... 6945.310 5,105757 5107,174 3,665.738 3.769,241 4,078,608 1,997.821 1.997,821 Wisconsin Central* ..................... 1,287.170 1,260,088 121.448 d 5- d 13038
Central Eastern Region Total ....... 97.589.945 83.299.305 41,644,190 32,601.208 25.498.885 32.093.922 14.571,176 16.359.247 Central Western Region Total .......... 143.148.949 117.657.629 123,465.956 107.553.381 120.307.767 101.575.975 69.527,661 65.725.213
Akron, Canton and oungstown ......... 463.827 437.543 384,064 389.578 142,835 345.794 95.939 98.531 Atchison. Topeka and Santa e / ....... 46,742.235 32,771.495 43,352.630 29.195.654 41.599.995 26,631.000 14,026,090 12,812.560
Baltimore and Ohio ................... 28.109,426 23,719,916 14,264,870 11,025,105 4,210,423 6,12,101 Chicago. Burlington & Quincy ............ 16.858,701 18,727.528 13,809970 15.531.326 12923736 14,317,905 5979.355 6833.58
Beemer and lake ie ............... 3,121,901 3,674.837 2.975,117 3.544,300 2,507,384 4.418,890 209,988 209,988 Chicago. Rock Island and Pacific ........ 15.761,260 9,429,087 13.749459 8.473,243 8,912,000 579,000 4.580.571 3,876.280
Central B. Co. of New Jersey ...... d 2578611 d 2 68 d 06.733 128,193 1,600 1,659 Colorado and Southern ................... 1.170647 844,620 1.303348 860212 957083 1,057094
Central R. B. Co. of Pennsylvania .... 5,508,931 5342,629 3,138,780 2,708.552 430,830 37,350 2,013,110 2.745,150 Colorado & Wyoming ..................... 189,222 204538 159.724 216,295 104,800 87,900 110,000 -
Chicago & Eastern Illinois ........... 2.675,673 2,400.011 1,571.257 1,361,037 710,200 918,800 1,151,264 383,752 Denver and Rio Grande Western ........... 6.144.335 6,598,685 3,942.824 4,225,820 4.367,625 3,794500 2,681.596 2,681,596
Chicago & Illinois Midland ........... 45.912 834,063 2,738 549826 5.388 530.041 Fort Worth and Denver ................... 1909.241 1,294.389 1.082,398 412,360 821,679 529,960 --
Chicago Indianapolis and Louisville 1.019,347 913.543 500,766 397.681 546,000 397.000 429,642 429,642 Northwestern Pacific .................... 389,370 194351 405.597 190,128 649,364 226,799
Detroit, Toledo and Ironton ......... 1,465,506 2,096,633 1,228,195 1,882,706 1,134.380 1,898,897 490.666 968,602 Sacramento Northern .................... 27,115 372,206 d 483809 d 162222 -
Elgin. Joliet and Eastern ............ 1,733,707 2,889,433 1,626,667 2,749,407 1,570,634 4,460.883 Southern Pacific ........................ 35,942,417 26,353,260 5,831486 6,182,425 20,942.515 18.223,558 18.593,967 15.997.549
Illinois Terminal ................... 587.227 643,188 226.969 270.260 304.367 326,619 100,000 200.000 Southern Pacific Transp. System I/ ...... 44,174,139 32.222,764 36,912,383 24,974,842 27,676.249 22,099.585 18,593,967 15,997,549
long Island ........................ d 2.047667 d 2.315.598 d 4.026.614 d 4.065.452 d 239.372 -- Toledo. Peoria & Western ................ 536,896 525,583 504,918 488210 553,804 616.093 120,00 235.000
Missouri-Illinole ..................... 568,644 552,499 587,628 570,015 480.600 703.500 Union Pacific ........................... 13.926.314 15.746,943 36,804.179 37.442,645 25,850,000 27,183,400 20,653,549 20.653.549
Pennylvana ......................... 45,314641 343334 13.516641 5718 5 .000 3.9770.000 6.583.877 6.583.877 tah .................................... d 1 8.4 1 d 1 49.619 d 187.580
Pennsylvania-Reading Seashore Lines .. d 2.754,725 d 2,582,1 d 3.372.058 d 3,212,1 465,053 343,108 Western Pacific ......................... 3,699,625 4,779,417 3,152,851 4,684,865 2,625,166 4,328,766 2,782.533 2,635,131
Reading .............................. 9370.038 8.099,193 6,713.701 5,570o679 4.728,991 4.083,652 3.496,690 4,497,765
Staten Island Rapid Transit .......... d 164,244 d 218.367 d 508.539 d 566600 -
Western Maryland ..................... 5,150,412 5.335,181 ,120,741 3.579.956 3.166.200 3.769.000 1.241.940Southwe rn on Total............. 72,905,745 55.536,900 49,25303 31,252,73 40.588.415 31,499.176 12023185 11722,700
Southern Distrit Total ............ 169,619.979 149,210,681 130.304.398 108.999.759 115,025.436 105.080,152 61,492,466 56,260,815 Beaumont, Sour lake & Western.* ......... 1.385.992 1,272,008 1.453.193 1.350,175 821,548 499,219 -
International-Great Northern** ......... 1,915,907 1,882,301 251,342 231,719 d 100,000 137,000 -
Pocahontas Region Total ............. 59,746.735 57.029.399 50,600,490 48,121,321 40.817.285 51.625.604 35,805,265 29,639,921 aCity Southern ................... 5215.578 4.950.785 3.970.696 3.697.173 4,25,500 4.178.000 2.540.996 2.540,996
Kansas, Oklahoma & Oulf ................. 789,855 931.628 720.796 838.432 903.038 839,175 344.223 344,223
Atlantic and Danville .................... 60.180 55,639 d 11.287 d 16511 8,335 -Ilouisiana & Arkaensas................... 3,093,617 1,685,794 2.704,165 1.429,106 2,205,000 1.708,400 -
heapeak andOhio.................. 34,342692 30,364560 2621085 22,703,112 17,205,000 23570.000 18,064.386 12.209,074 Midland Valley ......................... 29,570 40,076 d 1 8 d 11 1.772 1 6,015 -
orfolk and Wetern................. 17391,03 18772265 17,59, 18,83789 16,150000 19.350000 13,098,151 13,098.151 Misouri--naase-Ta .................. 6.330,438 3,799,331 237,175 1-782139 3,98000 1,603
Richmond. Fredericksburg and Potomac 2,413623 2,194.588 2,467,305 2,257,102 3,037,820 2.632,184 620,064 310,032 Missouri Pacific*.. ..................... 17,959.522 13,734,088 8,404,999 4.333.115 4,735,000 1,968.000 -
Virginian ............................ 5.538.837 5.642,347 4,472.184 4,339.719 4,424.465 6.065.085 4.022,664 4.022,664 New Orleans. Texas & Mexico* ........... 1,346,418 702,197 d 432289 d 1053.639 221.947 400.860 -
Oklahoma City-Ada-Atoks ................. 93.622 113.007 88.619 106.757 107.464 110.843 -
Southern eon Total .............. 110.073,244 92,181,282 79.703,908 60878,438 74.208.151 53,454548 25.687.201 26620.8 S Loul. rowncville and Mexico ..... 1.1,o878 1,201.368 919.890 737114 135.398 1,809
St. louis-San Francisco ................. 9.423.647 7,158,706 6.190.988 3,.521,943 3.488,.999 3,980.300 5.723.276 5.422.791
Alabama Great Southern ............... 998.101 886.405 1.379.333 1.286.635 1.11.000 880,000 896,828 896828 t. Louis San Francisco and Texas ..... 467.593 244,868 459,436 237.123 493.865 327.947 -
Atlanta & Saint Andrews Bay.......... 377,20 381,71 384618 354,103 534,153 586,301 48,000 30,000 St. louis Southwestrn ................. 7,911,869 6,087,011 7,400,270 5,539,148 8.496,504 7,140,881 1,853,240 1,853.240
Atlanta and West Point ................. 137164 88,118 169.140 119.941 152,463 115,820 49,272 24,636 San Antonio, Uvalde & Gulf** ............d 0 1 d 3 5.? d 53.25 6
Atlantic Coast Line .................. 8.33002 ,788,62 9.913.615 7.26,425 8,450.000 3.525.000 3091,73 3.091.736 Texas and New Orleans ................... 8231,722 5.869.504 6,952.1 3896518 67337 38760 -
7,4r2.6,42 4 S 38091o7363,5900736 8,231.22 3,869 .567795- 3W2' 6,733,734 3,876.7
Central of Georgia ................... 1.758,512 896,90 948,257 41,,548 361.174 160,485 -- Texes and Northern ....................... 155,491 132,136 154.139 131.269 236.800 193.700 -
Charleston & Western Carolina ....... 386.609 466.012 114,993 244,756 4,000 225,000 Texas and Pacific ........................ 7.266.793 5.922.022 6.114,299 4,887,729 3.953,846 4.189.000 1.561,450 1,561,450
Cincinnati.New Orlean Texa Pacifi 4,085586 4,22039 2.971.651 3107756 4.405000 4.430,000 1,875.780 1.875.780 Teas Mexican .......................... 279,06 260,416 206,452 172,3 230,000 147,000
S report of receiver or receivers. a/ T,.Inc .. ...ti.:- -. .-- -. L----
.. .. .. .. Include at hin sa. 01 ~rsoanna1 Ua. aon~ at e


e DReport of trustee or trustees.
d Deficit or other reverse item.


W I-ncu. -- Aucui.uu, Tpokea & Santa Te Ry., Gulf, Colorado & Santa Fe ny., and Panandle a Santa Fe ay.
S Data not included in totals. Includes Southern Pacific Company, TeUxa and Mew Orleans R. B. Co.. and leased lines.
U. S. GOVERNMENT PRINTING OFFICE : 1952 0- 200327?





/ ( < 4 r -, ? / 7


Subject to revision


UNIVERSITY OF FLORIDA

1 26 II I0 III0811 I II 1 1 lill IIIIII I llllll i
3 1262 08851 2875


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)


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


UNITED STATES EASTERN DISTRICT POCAHOa E+4 j >
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 k the nine months o
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1951951'

1. Net railway operating income .......................-- .- $120 912 579 $78 668 84 3 $732 335 413 5606 459 5 8 1 $37 078 995 322 297 546 224 045 635 4188 509 638 $10 313 569 9 918245 1 60 4 66947644
2. Other income ... 19207206 15503257 161527053 166741859 7696 100 6985320 59 218 299 63071836 679902 619566 6 i%-1 129 590
3. Total income............................. 140119785 94'172 100 895862446 773201440 44775095 29 282 866 283263934 251 581474 10 993 471 10537 811 76177307 73077234
4. Miscellaneous deductions from income.......................--... 4182612 4653008 36554981 42472 962 939 240 1427320 8607110 9651863 449216 460874 3955311 4396202
5. Income available for fixed charges............... 135 937173 39 519092 E57 307465 730728478 43835855 27855546 274656 824 241 929611 10544255 10076937 72221996 68681032
6. Fixed charges:
6-01. Rent for leased roads and equipment...... 11009846 7736287 92273059 82869308 5263271 4764061 49461150 50895193 7309 6558 66905 64061
6-02. Interest deductions / .27 E35 718 25 197 829 234 92252 2 224505974 11623 957 10855 811 102 243 622 96702402 1394 b74 1299637 12234159 11556073
6-03. Amortization of discount on funded debt 244 674 246 89 2 203 6 79 2 135 719 82 705 94 948 726 879 690 918 14 584 12 755 122 869 111 637
6-04. Total fixed charges......... .. 38490238 33181005 329398990 309511001 16969933 15712820 152431631 148288513 1416467 1318950 12423933 11731771
7. Income after fixed charges ..... 97446 935 56338087 527908475 421217477 26865 922 12142726 122 225193 93641098 9127788 8757987 59798063 56949261
8. their Deductions 2 990787 3109724 26681495 28095752 1411483 1 439236 12695027 13011195 8 704 8739 78489 78692
9. Netincome.. 94456148 53228363 501226980 393121725 25454439 10703490 109530166 80629903 9119084 8749248 59719574 56870569
10. Depreciation (Way and structures and Equipment).... 41 153 828 42 720 961 360 753 843 353273 997 15 737 889 17 401 90 3 136 068 034 135 396 073 2 985 039 2 958 537 26 715 492 25 729 441
11. Amortization of defense projects_____------- .----------- -
12. Federal income taxes.... ........... 74370476 52506947 422773 001 381549716 16191770 10103923 74759831 77479435 7563424 10259276 48380709 61884878
13. Dividend appropriations:
13-01. On common stock.. 19817615 11386349 166597719 148899111 1650934 1019022 21641135 18789768 413376 620064 33637880 27659450
13-02. On preferred stock 2909567 1580832 52654025 69082211 1391928 149 91 10140642 27138276 15205 10201 2595966 2610735
Ratio of income to fixed charges (Item 5+6-04) 3.53 2.70 2.60 2.36 2.58 1.77 1.80 1.63 7.44 7.64 5.81 5.85


SOUTHERN REGION WESTERN DISTRICT
MILLIONS NET INCOME-ALL CLASS I RAILWAYS MILLION
Income Items FOFOLLARS OF DOLLAR
Income Items For the month of September For the nine months of For the month of September For the nine months ol 160 16
1952 1951 1952 1951 1952 1951 1952 1951
140U- 141
1. Net railway operating income.. $18 505 957 $9 437 774 $128 579 201 $101 619 056 S55 014 058 $37 015 278 5$09 650 273 i 249 383 243
2. Other income .. ........ 1 753458 1 704 760 18 117786 19976227 9 077 746 6 193 611 78073945 77 564206
3. Total income...... ... .... 20259 415 11 142 534 146696 987 121 595283 64 091 e04 43 208 889 287 724 218 326 47449 I20 I2
4. Miscellaneous deductions from income 607 645 818 208 7220115 11583014 1986 511 1946 606 16 772445 16841883
5. Income available for fixed charges ...19 451 770 10324 326 139476 872 110012269 62 105 2 93 41 262 23 370951773 310105566 100 10
6. Fixed charges:
6-01. Rent for leased roads and equipment 675 069 851 403 7 242 319 7 126 014 4 664 197 2 114 265 35 502 705 24 784 040
6-02. Interest deductions / .... 4 60682 3 756 237 36003 865 33292192 9 410 359 9 268 144 64440586 82955 307 80 8C
6-03. Amortization of discount on funded debt 26979 27 872 274247 322063 120406 111 314 1079684 1011101
6-04. Total fixed charges. 5 708 876 4 635 512 43520451 40740269 14394962 11 513723 121022975 108750448
7. Income after fixed charges 13742 894 5 688 814 95 956421 69272 000 47 710 331 29 748 560 249 928798 201355 118 60 6C
8. Other Deductions 353903 336605 2863522 3041353 1216 697 1 325144 11044457 11964512
9. Net income.. 13 388 991 5 352 20 9 93 092 899 66 230 647 46 493 634 28 423 416 238 884 341 189 390 606
40 -4C
10. Depreciation (Way and structures and Equipment) 5 909 014 5 982 796 51 608 060 49159 972 16 521 866 16 377 725 146 362 257 142 988 511
11. Amortization of defense projects.----..------------- .-
12. Federal incometaxes 5391863 8287081 79600014 61741629 45223419 23 856667 220032447 180443774 20- -2
13. Dividend appropriations:
13-01. On common stock.... 1 308 650 850000 23793427 23768534 16444675 87 263 87525277 78681359 -0 -------- 0
13-02. On preferred stock ... 13420 14107 3 215 624 3716467 1489 034 1406 543 36701593 35616 733 0 '
-10 -J J..- A N -11 J F M J J 'SO 11
Ratio of income to fixed charges (Item 56-04) 3.41 2.23 3.20 2.70 4.31 3.58 3.07 2.85 J F N "J J S 0 ND J F M "1M951 0 N J F M S J952A S N


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Seleoted Liability Items ANALYSIS OF NET INCOM-I-ALL CLASS I BAILWAYS
Balance at the end ofSeptembe Balance at the end of September
1952 1951 1952 1951
Reports showing Reports showing
17. Expenditures (gross) for additions and betterments- 40. Funded debt maturing within 6 months 2/ $24,452,02 $165,032,686 Period Net Income Net Deficit
Road $272,950,338 $247,277,528 Funed debt mturng t
18. Expenditures (gross) for additions and betterments- .1. Loans and bills payable / 4,642,955 3,771,220 Number Amount (umber Amount
Equipment .719,555,667 752,083,484 42. Traffic and car-service balances-Cr. 113,270,343 108,020,950
19. Investments in stocks, bonds, etc., other than those 4 Audited accounts and wages payable. 512,269,925 561,817,167 September ... 1952 106 $96,470,787 17 $2,014,639
of affiliated companies (Total, Account 707)... 483,169,795 464,668,549 4. Miscellaneous accounts payable 217,517,809 203,693,749 September ... 1951 97 56,803,441 26 3,575,078
20. Other unadjusted debits... 84,961,083 122,694,269 4. Interest matured unpaid 41,273,946 39,290,230 9 months .... 1952 103 521,562,733 20 20,335,753
45. Dividends matured unpaid 21,265,871 18,449,686 9 months .... 1951 99 417,067,051 24 23,945,326
21. Cash 916,37.3,297 843,674,309 47. Unmatured interest accrued 79,386,098 77,161,368
22. Temporary cash investments....... 885,680,328 855,489,603 4 Unmatured dividends declared 20,571,262 19,074,121
23. Special deposits.. .. 126,122,741 71,687,406 49. Accrued accounts payable 213,725,483 237,147,144
24. Loans and bills receivable........ 822,622 2,035,388 50. Taxes accrued 875,721,990 831,267,546
Traffic and car-service balances-Dr. 68,720,399 51,942,516 51. Other current liabilities 158,030,656 92,197,124 Excludes 4 roads whose net income (or deficit) was
2 Net balance receivable from agents and conductors 183,573,559 181,895,164
27. Miscellaneous accounts receivable 365,04242 394,056 89 52-. Total current liabilities (items 41 to 1) 2,257,676,338 2,191,890,305bsorbd by thecontrolling company.
26. Materials and supplies 872,614,664 911,929,987
29. Interest and dividends receivable ..... 15,409,558 13,453,317 53. Analysis of taxes accrued:
30. Accrued accounts receivable 231,062,080 216,811,835 53-01. U. S. Government taxes 654,467,265 624,418,257
31. Other current assets 37,016,552 33,474,055 53-02. Other than U. S. Government taxes 221,254,725 206,849,289
32. Total current assets (items 21 to 31) 3,702,391,042 3,576,450,470 54. Other unadjusted credits 275.597388 314,040,709


d Decrease, deficit, or other reverse item.
I/ Represents accruals, including the amount In default.


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


Statement No. M-125
SEPTEMBER 1952

OF

0S 0"
IiT A









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

NOR THE NINE MONTHS ENDED SEPTEMBER 1952 AND 1951


Page 2


NET RAILWAY OPERATING NET INCOME FEDERALL INCOME DIVIDEND NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONS INCOME TAXES APPROPRIATIONS
Region and railway Region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

United States Total ................ $732.335.413 $606,459,581 $501,226,980 $393,121,725 $422,773,001 $381,549.716 $219,251,744 $217,981,322 Southern Region Continued
astern District Total ............. 224.045.635 188.509.638 109,530,166 80.629.903 74.759.831 77.479.435 31.781,777 45,928,044 Clinchfield ............................. $6,837,758 $7,285.478 $730.557 $635,134
Columbus and Greenville ................. 77,256 40,107 $92.775 $57,144 123,700 61,793 $19,500 $19,500
New England Region Total ........... 11.181.077 9,768,940 2,755,886 1,977.539 4,094,906 3.174.352 203.162 2,286,175 Florida East Coast *.................... 3,643.259 1.700,827 d 1716d 1446255 -
Georgia R. R. Lessee Organizatlon ..... 1,247,176 1,297,734 -
Bangor and Aroostook ................. 1,211,362 874,382 736,075 471.963 503.795 269.563 143,550 143,550 Georgia & Florida Railroad* ............. 123.320 164.329 d 589.084 d 527173 -
Boston & Maine ....................... 2.896,779 2,626,643 64,871 d 112.046 1.037,1L7 864,772 2,083,235 Georgia Southern and Florida ......... 613,233 440,915 396.336 215,031 450,000 269,000
Canadian National Lines In New England d 1.374.571 d 841,27 d 1.483.304 d 987.048 ulf, Mobile and Ohio ................... 7,808,931 6.326,078 5,710,475 4,111,707 5,364,000 3446,480 1,625.831 3,251.662
Canadian Pacific Lines in Maine ...... 4,718 356187 Illinois Central ........................ 23,632,466 20.434,004 16,575,792 10.351.118 11.997,000 6.986.590 4,513,663 4,174,169
Canadian Pacific Lines Vermont ....... d 688,845d 532,572 Louisville and Nashville ................. 18,677,497 15,029,105 16.592,416 13,921,737 12,959,427 13,353.660 7,020.000 7,020,000
Central Vermont ...................... 212,795 557,034 d 1.026.548 d 681,442 9,751 Mississippi Central ..................... 161,798 203.978 116,583 163,137 137.535 169.387 60,358 60,358
Maine Central ........................ 1,968,051 1.949.963 1,165.051 1,104,527 1,079,964 1.245,933 59,612 59,390 Nashville, Chattanooga & St. Lous ...... 4,239,054 2,534,241 3.231,734 2,093.593 2.392.519 2,417,924 639.959 639.957
New York Connecting .................. 413.380 398.564 d 141.866 84221 New Orleans and Northeastern ............ 1,190,262 1.395,346 1,281.303 1,297.238 1.755,000 2,008.000 -
New York, New Haven and Hartford ..... 6,624,369 4,498,247 3,565,941 2.367,571 1,474,000 784.333 Norfolk Southern ........................ 692,787 600,674 646,795 592.596 465,714 563,648 411,258 369,868
Rutland .............................. d 126.961 d 118181 d 124.34 d 101.76-- Seaboard Air Line ....................... 16,912,345 12,708,377 14,552,279 10,395,101 9.275.000 8,095,000 4,011.559 3,300,000
Southern ................................ 24.131,126 18,528,653 16.759.337 11,388,609 18.930,000 12,330,407 Z.596,400 2,596,400
Great Lakes Region Total ........... 97,964.161 82,980.929 53.517.060 40.311.932 36,185.771 36.094.829 14,115,032 26.264,224 Tennessee Central ....................... 338,609 271,326 134.264 65.883 27.782 -
Western Ry. of Alabama .................. 352.141 252.236 338.777 238,197 255.333 230.609 105,000 120,000
Ann Arbor ............................ 395,598 715,762 292,003 575.961 d 87.520 622,489 -6 338.777 238 230,609 105
Cambria and Indiana .................. 483,438 494,304 471,527 494,080 510,244 472,174 180.000 180,000 Western District Total ................ 309,650,273 249,383,243 238,884,341 189,390,606 220,032,47 180,443,774 124,226,870 114,298,092
Delaware and Hudson .................... 4,795,069 4,469.058 3,507,991 3,151.828 1,950,000 2,701,000 -
Delaware, Lackawanna and Western ..... 7,270,888 5,177.058 4,096,641 4.172,009 2.425.141 1,501,256 422,206 422,206 Northwestern Region Total ............. 56,989,789 51,452.565 35,235,616 31.321,061 27,164,944 31,831,855 27,138.357 26.850,161
Detroit and Mackinac ................. 216,008 289,220 189,?20 260,289 161,496 392,823 -
Detroit and Toledo Shore Line ........ 7:2.825 615,884 675,942 542,121 592.326 673.981 180,000 180,000 Chicago and North Western .............. 2,422,848 2,408.524 d 1.105.884 d 1.058.090 2,330.453
Erie ................................. 12.352,394 13,114,877 8,207.267 8,457,455 3,644.251 4.671.573 3,852,066 3.239.514 Chicago Great Western ................... 2,655.958 2,153.990 1.964.853 1.439.559 1.428,000 742,000 851,195 1,830.523
Grand Trunk Western .................. 674,697 2,716,924 d 2,072,701 d 1.24364 10,890 74,771 Chicago. Milwaukee, St. Paul and Pacific 10,279,882 7,392,768 4,911,396 2,326,948 3,500,000 2,307,000 7.616,108 9,855,128
Lehigh and Hudson River .............. 313,854 350,899 320,134 355.854 203,647 322,403 211,365 211,815 Chicago, Saint Paul, Minneapolis & Omaha d 687.212d 1.520.588 2450726 d 3.278683 -
Lehigh and New England ............... 1,461,448 1,398,583 1317,718 1,291.732 1.178,001 1,111,658 680,000 Duluth, Misaabe and Iron Range .......... 3,661,959 5,414,434 3,320,873 5,160,504 3,413,700 8.658,003
Lehigh Valley ........................ 8,233.567 7.004,714 5,445,926 3,539.835 2,797,100 1,250.036 -- Duluth, South Shore and Atlantic ........ 316.510 438.328 164.599 312,940-
Monongahela .......................... 499.600 759,198 81,682 426,858 44,861 272,255 -- Duluth. Winnipeg and Pacific ............ 85,164 59.601 d 236870 d 51609 -
Montour .............................. 352,303 244,625 330,688 232,171 241,933 213,877 Great Northern .......................... 17,841,697 15,213,521 15,826,847 14,006,428 10,777,651 11,600,000 9,128,383 9,277,683
New York Central ..................... 28,153.175 16.755.110 7,661.309 d 2.126.211 2.965.537 2,241.486 Green Bay & Western ..................... 130,180 302,386 86,192 201,521 172,041 190.662 125,000 125,000
New York, Chicago and St. Louis ...... 15,704,760 16.309,917 12,688.429 13,187,286 12,435,500 10.973,900 4,406,774 17,848,068 lake Superior & Isheming ............... 442.590 646,601 461,116 673,497 370.500 730,000 224.910 182,070
New York. Ontario and Western.* ...... 39639 d 29.049 d 1490.489 d 1532828 inneapolis & St. Louis ................. 1381,598 935,126 1.295.492 906,878 952.330 837,000 450,000 450,000
New York, Suaquehanna and Western... 331.337 418,102 d 123913 d 0 inneapolis. St. Paul & S. S. Marie ..... 1,773,982 1,769.840 1,214,633 1,205.677 914.543 21,771 719,104 719104
Pittsburgh and Lake Erie ............. 6,957.542 5,476,827 5.039,578 3.569.066 2,540,553 3.998,016 1,727,300 1.727,300 Northern Pacific ........................ 9,941,817 9,830,717 6,893.703 7,484,795 4.230,000 5,020,802 5.579,548 4.339,493
Pittsburg and Shawmut ................ 504,634 372062 400,630 284,412 36,000 Spokne International ................... 379,490 283,142 277,603 183,129 75.250 125,000 113.856 71160
Pittsburgh and West Virginia......... 942,112 910,220 585,097 532,682 466,547 438,917 457.500 457,500 Spokane, Portland and Seattle ........... 4,636,873 4,486,628 2,194,90 1,931,220 1,330.929 1,730,000 -
Wabash .............................. 7.975.451 5.816.634 5,892.381 4.101,726 4,105,264 4,126.214 1,997.821 1,997.821 Wisconsin Central*" ..................... 1,726.453 1.637.547 417,299 76,347 d 130.383
Central Eastern Region Total ....... 114,900,397 95,759.769 53.257.220 38,340.432 34,479,154 38.210,254 17,463,583 17.377.645 Central Western Region Total .......... 167,895,959 135,639.146 144,804,812 122,186,262 145.922,224 114.094,694 84,284,603 74,944,506
Akron, Canton and Youngstown ......... 558.546 498171 470,142 441,109 167,129 401,620 164,900 167,485 Atchison. Topeka and Santa Fe / ........ 52,031,774 37,459,517 48,416,057 33,552.508 49.571.995 28,785.430 26,161,390 20.093.740
Baltimore and Ohio .................. 32,483,832 27,354.090 17,892,077 12.959.408 7.065,106 7.224.374 Chicago, Burlington & Ouincy ............ 19,882.873 20,614,384 16,426,616 16,875,169 15,666.936 15,944,805 5.979355 6,833.548
Bessemer and Lake Erie ............... 4,123,300 4,295.458 3.950.597 4,148,403 3,420,084 4.831.722 359,976 359,976 Chicago, Rock Island and Pacific ........ 17,898.795 10,220,531 15,530,246 9,047,690 9.995.000 4575,000 6,870,838 5,814393
Central R. R. Co. of New Jersey ...... d 2.88.632d 3.115.271 484.683 d 139.661 1,800 1.859 -- Colorado and Southern ................... 1,439,293 740,903 1.551.836 986,928 1,131,099 1.453.605
Central R. R. Co. of Pennsylvania .... 5,989.906 5,984,836 3.337,131 3,055.878 674,790 142,050 2,745,150 2.745,150 Colorado & Wyoming ...................... 232,964 2,872 199,277 226,091 129,700 159,500 352.000
Chicago & Eastern Illinois ........... 3,105.050 2,704,794 1,866,126 1.535.495 785,300 958,100 1.151,264 383.752 Denver and Rio Grande Western ......... 7.413,870 7,824.359 4,974,027 5.182,683 5,417.125 4,784,568 2,681,596 2,681.596
Chicago & Illinois Midland ........... 149,156 640,114 98,035 583,659 93,388 620,941 -- Fort Worth and Denver ................... 2,151,403 1,397.385 1,239,364 419,750 935,685 605,293
Chicago, Indianapolis and Louisville 1,225.433 1,005,205 638,948 423.844 695,000 424,000 429,642 429,642 Northwestern Pacific ................... 436,187 231,441 453,720 251,042 765,792 259.766
Detroit. Toledo and Ironton .......... 1,723,401 2.298,796 1,455.383 2,057,665 1.334,714 2,106,357 490,666 968,602 Sacramento Northern .... .............. 190.528 515721 d 85127 d 82472 -
Elgin. Joliet and Eastern ............ 2.160.292 3,295,247 2,039,050 3,142,195 2,036,567 5,189,898 Southern Pacific ....................... 41,881,266 30.062,914 7,203,640 6,116,176 25.436,152 20,476,682 18,633.342 15,997,549
Illinois Terminal ................... 713.520 743,985 307.519 324,959 420.667 403,819 100,000 300,000 Southern Pacific Tranap. System b/ ...... 51.516,090 36,105.768 43.655,769 27,581.715 33.433.366 24,465,284 18,633,342 15,997.549
Long Island.. ........................ d 1.720.148 2246.06 d 3.951.760 4189.1 d 29.72 -Toledo. Peoria & Western ................ 619.573 623.529 584,228 578.796 640.574 671.477 170,000 235.000
Missouri-Illinois .................... 649.570 626,482 670,644 646.205 583,100 794.500 Union Pacific ........................... 19,412,644 20,761470 44.938,048 44,272,604 32,950,000 31,051,402 20,653.549 20,653.549
Pennsylvania ......................... 52.506,642 39.43.766 16,640,242 7,064,026 7,181,000 5,902,000 6,583877 6,583.877 Utah .................................... d 130.670 d 172.484 d 131797 d 175.442 -
Pennsylvania-Reading Seashore Lines .. d 3.059,279 d 2.798.655 d 3753.779 d 3.507.405 535,821 385.997 Western Pacific ......................... 4,435,459 5,146,604 3.804,677 4.934,739 3,282,166 5.327.166 2.782.533 2.635131
Reading .............................. 10,979,308 9,357,851 7,975.826 6,495270 5.712.588 4.839,389 4.196,168 4,197,221
Staten Island Rapid Transit .......... d 209.259 d 22552 59611 d 615,013
Western Maryland ..................... 6,009,759 5,894,498 3,732,469 3,913,512 3.772,100 4,223,000 1,241,940 1,241,940 Southwestern Region Total ............. 84,764,525 62,291.532 58,843,913 35.883.283 46,945,279 34,517,225 12,803.910 12,503,425
Southern District Total ............ 198.639,505 168.566.700 152,812,473 123,101.216 127,980.723 123,626.507 63.243.097 57.755.186 Beaumont, Sour Lake & Western"* ......... 1,353,710 1,533,867 1,437,324 1,627,495 1,119,238 644.219
International-Great Northern** .......... 2,398,278 2,151,182 521,899 276,077 d 71.000 83,000
Pocahontas Region Total ............ 70.060,304 66,947.644 59,719,574 56,870.569 48,380,709 61,884,878 36.233.846 30,270,185 Kansas City Southern .................... 5,912.502 5.600,247 4,511,049 4.185767 5,033.500 4,588,000 2,540.996 2,540,996
Kansas, Oklahoma & Gulf ................. 907,505 1,012,438 828,914 908,242 1,041,089 902,179 344.223 344,223
Atlantic and Danville ................ 64,947 58,082 d 15.394 d 23,259 Louisiana & Arkansas .................... 3,474,704 2,011,396 3.032.521 1,677,772 2345,000 1.778400
Chesapeake and Ohio .................. 40,604,367 36,098,299 31,423,751 27,437,253 20,880,000 28,670,000 18,064,386 12.209,074 Midland Valley .......................... 63,986 36,580 23324 d 12,078 772 40353 -
Norfolk and Western ......... ....... 20516,786 21,782,790 20,602,282 21,841,790 19,100,000 23.550,000 13,098,151 13,098,151 Missouri-Kansas-Texas ................... 7,217,362 4.343.388 4,859.510 2.070.803 3.859,000 1,976,000
Richmond, Frederickeburg and Potomac 2.564.134 2.355,666 2,626,608 2,426,442 3.142,320 2,939,191 1,048.645 940,297 Missouri Pacific* ...................... 20,673,989 15,545,355 10.363.761 5.323.379 5.835,000 2,030,000
Virginian ............................ 6,310,070 6,652,807 5,082.327 5.188,343 5,258.389 6,725,687 4,022,664 4,022,663 New Orleans, Texas & Mexico ........... 2,012,888 825,842 d 16.435 d 1,156,465 d 16.839 408,860
Oklahoma City-Ada-Atoka ................. 110.572 122,265 104,647 115,901 127,054 113,968
Southern Region Total .............. 128,579.201 101,619,056 93.092.899 66,230,647 79.600.014 61.741.629 27,009,251 27.485,001 St. Louis, Brownsville and Mexico-* ..... 1,322,382 1,185,007 754,939 663.889 353.288 109,809
St. Louie-San Francisco ................. 11,.163,441 8,271,644 7.528.250 4,168.320 4,360,499 4,839,300 5.723,276 5.422.791
Alabama Great Southern ............... 1,171,836 620,774 1,533.589 1,001,328 1,245,000 680,000 896,828 896,828 St. Louis, San Francisco and Texas ...... 586,258 259,827 577,925 251,406 463,865 307,947
Atlanta & Saint Andrews Bay .......... 422,536 428,483 431,325 391.669 597,308 646,097 78.000 30.000 St. louis Southwestern ................. 9.201.407 6,656,676 8.936,674 6,055.890 9.536,853 7,762.588 1,853,240 1,853,240
Atlanta and West Point ............... 137.347 93,911 169,738 123,512 156,965 122,415 49.272 24,636 San Antonio, Uvalde & Gulf** ............ d 477.084 d 514.287 d 622.469 d 652.9 -
Atlantic Coast Line .................. 8,897,175 5.338,641 10,339,677 7,942,997 7,350,000 4,375,000 3,095,621 3,095,621 Texas and New Orleans .................. 9,634,824 6,042,854 8,188,671 4.505,441 7,997,214 3.988,602
Central of Georgia .................. 2,123,398 1,120,306 1,207,887 538,201 362,174 160,485 Texas and Northern ..................... 171,337 144.361 169,854 143,252 264,900 240,000 -
Charleston & Western Carolina ........ 437,668 502,895 133,700 253644 45,000 235000 Texas and Pacific ...................... .... 8,730,054 6,806172 7,424,477 5.56,027 4,596,846 4,531,000 2342,175 2,342,175
Cincinnati, New Orleans& TexaI Pacific 4,710,223 4,300,638 3,454,361 3,061,633 4,980,000 4,955,000 1,886,002 1,886,002 Texas Mexican .......................... 306,410 256,718 219,078 174,814 245,000 173,000-


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


a Includes Atchison. Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe By., and Panhandle & Santa Fe By.
b Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE : 1952 0- 200327






1C


ISubj 3 to revi5io

Subject to revision


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)

r 1


4--


-F mi *
ort
S"' -




' .k. GL J
~I 2f
-.1 i~l



Ir~iI


c' o m .t
Items /



Net railway operating income
Other income.
Total income

Miscellaneous deductions from income ..
Income available for fixed charges ..
Fixed charges:
6-01. Rent for leased roads and equipment
6-02. Interest deductions/ .
6-03. Amortization of discount on funded debt
6-04. Total fixed charges..
Income after fixed charges
Other Deductions
Net income.

Depreciation (Way and structures and Equipment)
Amortization of defense projects..----.. ------------
Federal income taxes

Dividend appropriations:
13-01. On common stock...
13-02. On preferred stock...
Ratio of income to fixed charges (Item 5-6-04)


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 l/ ...............
6-03. Amortization of discount on funded debt
6-04. Total fixed charges.......
7. Income after fixed charges.........
8. Other Deductions ...
9. Net income..
10. Depreciation (Way and structures and Equipment)
11. Amortization of defense projects..--.....-----------
12. Federal income taxes ... ..

13. Dividend appropriations:
15-01. On common stock.............
15-02. On preferred stock...............
Ratio of income to fixed charges (Item 5-6-04)


UNITED STATES


EASTERN DISTRICT


__________________________ 4. J
For the ten month of For the month of October For the tan months of


For the month of October


For the ten months of


1952 1951 1952


$120 668 b7t a125 802 323
16 904 771 18 350 471
137573347 144 152 794
3 990 605 4 214 377
133 582 742 139 938 417

11765 735 9 408 692
26 448 036 25449024
244485 248544
38 458 2 56 35 106 260
95 124 486 104 832 157
3051778 3000766
92072708 101831391

41 405 124 40 361020

84 73928 70146427

20248 721 14 649 827
5 462222 4 773 286


3.47


3.99


$853 008 992
178 431 802
.031440 794

40 545 586
990 895 208

104 038 794
261370 290
2 448164
367 857 248
623 037 960
29 733 273
593 304 687

402 158 969

507 357 929

186 846 440
59 290 729

2.69


For the month of October


$166,737,586


3,815,485
101,423,918
557,585,995
196,269,208
29,106,128
3,879,633
80,192,931
32,473,996
252,999,182
877,106,603
95,051,350


2,229,904,429


696,513,547
180,593,056
302,243,174


UNIVERSITY OF FLORIDA

lllillll 1 111111l lil I INTERSTATE COMMERCE COMMISSION
3 1262 08851 2883 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
OCTOBER 1952


POCAHONTAS REGION


r t r .


$732 823 905
185 092 329
917 916 234

46687339
871228 895

92 278 000
249 955 001
2 364 262
344617263
526 611632
31096 518
495 515 114

393 635 015
451262 143

163 548 936
73 855 497
2.53


$40 582 131
6 041 027
46623158

952 359
45 670 799

5 435 031
11620323
88 109
17 143 463
28 527 336
1464 095
27 063 241

15 957 619
18 051113

6 673 877
539 178
2.66


t36 062 851
8 150 455
44 213 30 6

870 632
43 342 674

4 536 977
10 926 861
78 163
15 542 021
27 800 653
1439535
26 361 118

15 980 999,

16 821989

8 433 977
491 648
2.79


$264 632 768
65 259 324
329 892 092

9 559 469
320 332 623

54 896161
113 863 946
814988
169 575 095
150 757 528
14159122
136 598 406

152 025 654

92821944

28 515 01 2
11854 302
1.89


$225 134 489
71222 290
196 356 779

10 522 495
285 834 284

55 432 170
107 629 285
769 080
163 830 535
122 003749
14 450 730
107 553 019

151377071

93867424

27 223 745
27 629 924
1.74


$6 548 842
605 237
7154 079

362 246
6 791 833

7 901
1 381 487
14 554
1 403 942
5 387 891
8 703
5 379 1 88

2 982 829
2 952 674

5 877 004
372 967
4.84


$9 610 745
1 032 670
10 643 415

521648
10 121 767
6 482
1 308 577
13067
1 328126
8 793 641
8 740
8 784 901

2 988 974
10 575 552


218 854
7.62


$76 609146
6 722 240
83 331386
4 317 557
79 013 829

74 806
13615 646
137 423
13 827 75
65185954
87192
65 098 762
29 698 321

51 333 383

39 514 884
2 968 933,

5.71


__ _ I- __ __ i,


SOUTHERN REGION


For the month of October For the ten months of For the month of October For the ten months of


1952 1951


$14 493 430
2 651 813
17 145 243

1021359
16123 864

779 538
3 989 884
25 844
4 795 266
11 328 618
356 297
10 972 321

5 901 503

12 925 882

7101166
671 990

3.36


$15 503 254
2 320 325
17 823 57 S

782 520
17 041 059

772365
3 879 660
44 779
4 696 804
12 344255
333403
12 010 852

5 535 21 5

13 136 512

5 182 177
760 223

3.63


1952 1951


$143 072 631 $117 122 31C
20769599 22296 5 52
163842230 139418862

8241474 12 365534
155600756 127053328
8021 857 7898379
39 993 769 37171 52
300 091 366 842
48315717 45437073
107 285 039 61 616255
3219 819 3374756
104065220 78241499

57 509 564 54 695187
92 525 896 74 878 141


30 894 593
3 887 814

3.22


286 50711
4 476 690

2.80


1952


$59 044 173
7 606 694
t6 650 867

1 654641
64 996 226

5 543 265
9 456 342
115 978
1i 115 585
49 E80 6 41
1222 683
4E 657 958

16 563173

50 644 2 59

S 96 674
3 878 087

4.30


$64 625 473
6 847 021
71 472 494

2 039 577
69 432 917

4 092 868
9 333 90 6
112 535
13 539 30 9
55 693 608
1 2190 8
54 674 520

15 655 832
29 612 374

1033 673
3 302 561

5.13


___ __ __ __ __ __ __A __ __-


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... ....


21 Cash............ ........................................... .
22. Temporary cash investments................
23. Special deposits.............................
24. Loans and bills receivable..........
22. Traffic and car-service balances-Dr..
2.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
32- Total current assets (items 21 to 31) ....


UNITED STATES

Balarce at the end of October
1952 1 1951


$314,585,211
796,524,593
482,323,570
87,189,810


941,847,188
984,959,355
85,268,820
1,094,848
72,080,981
168,650,111
372,214,554
856,211,108
15,792,182
229,964,133
39,232,719


3.767.315,999


$281,853,154

857,265,917
477,507,644
116,504,907


885,379,486
874,659,702
61,928,349
2,039,823
63,786,278
174,448,053
393,894,767
911,825,191
13,787,229
219,510,654
35,195,546


3,636,455,078


Selected Liability Iteml


1 t


40. Funded debt maturing within 6 months 2/


Loans and bills payable .....
Traffic and car-service balances-Cr.
Audited accounts and wages payable
Miscellaneous accounts payable
Interest matured unpaid
Dividends matured unpaid
Unmatured interest accrued
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


$221,069,199


3,140,990
106,930,806
532,561,318
216,094,897
29,877,031
4,600,316
82,021,651
42,836,084
218,177,278
929,733,397
123,951,069


2,289,924,837


737,618,553
192,114,844
284,974,089


=1~ __ __ __ ___............_ __ _


$368 694 447
85 680 639
454 375 066

18 427 086
435 948 000

41045970
93 896 929
1195662
136 138 561
299 809 439
12 267140
287 542 299

162 925 430

270 676 706

67 921951
40 579 680

3.20


$314 008 717
84 411 227
398 419 944

18 881 460
379 538 484

28 876 908
92 289 214
1123 636
122 289 758
257 248 726
13183 600
244 065 126

158 844 342

210 056 148

79 715 032
38 919 294

3.10


ANALISBI OF NET INCOM--LLL CLASS I RAILUWX


Period


Reprtsshoing Repzteshoin


Report showing
Met Inoome
Numbrl Amount


October .... 1952 106 $94,410,731 17 $2,338,023
October .... 1951 106 103,956,236 17 2,124,845
10 months .. 1952 103 614,373,192 20 21,068,505
10 month .. 1951 106 517,423,952 17 21,908,838


* xcudse 4 roads whose net income (or deficit) was
absorbed by the controlling comply.


d Deorease, deficit or other reverse item.
y/ Represents aooruali, including the mount in default.


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


$76 558 389
7 162 260
83 720649

4 917850
78 802 799

70 543
12 864 650
124 704
13 059 897
65742 902
87432
55 655 470

28 718 415

72460 430

27 659 4 50
2 829 589
6.03


UNITED STATES

Balance at the end of October


Reports showing
Net Defioit
iumbrlr Aunt


WESTERN DISTRICT








i I -r





-r


-r


-r-


-F-


-t-


- --


L i


I


r


T


. .


A,,^


For the ten months of


For the month of October


For the ten months of


1952


1952


71
6







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS



SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TEN MONTHS ENDED OCTOBER 1952 AND 1951


________________________________________________ r r


NET RAILWAT OPEFATING
INCO|


Region and railway


NIT INCOME


____________________________ F 4 5-


1952 1951


1952


1952


TEaDRAL INCOME DIVIDRWD
TAIES APPROPRIATIONS


1951 1952 1951


Region and railway


NET RAILWAT OPERATION
INCOME


NmT INCOME TEDINAL INCOME
TAX3S


DIVIDED
APPROPRIATION


________ ______- -1 F -


1952


1951


1952


1951 1952 1951 1952


I I A ______S_____ I ______ 1 1 4-44444


United States Total ................


Eastern Dstrct Iota .............


eow England Region total ...........

Bangor and Aroostook .................
Boston & ain ................... ..
Canadian National Lines In New England
Canadian Pacific Lines In Malne ......
Canadian Pacific Lines in Vermont .....
Central Vermont .......................
Maine Central .........................
Nw TYork Connecting ...................
New Tork, New Haven and Hartford ......
Rutland .............................


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

Ann Arbor ........ .....................
Cabria and Indiana ...................
Delaware and Nudson ...................
Delaware, Lackawanna and Western ......
Detroit and backinac ..................
Detroit and Toledo Shore Line .........
Iris ..................................
Grand Trunk Western ...................
Lehigh and Budeon River ...............
Lehigh and New England ...............
Lehigh Valley .........................
Monongahela .........................
ontr ............................
New York Central ......................
lew York, Chicago and St. Louls .......
New York, Ontario and Western" .......
New York, Suqoehanna and western ...
Pittsburgh and Lake re .............
Pittsburg and Shawmr t ..............
Pittsburgh and West Virginia ..........
Wabash ................................

Central aeatern Region Total ........

Akron, Canton and oungstown ..........
Baltimore and Ohio ...................
Bessemer and LakeI ri ...............
Central S. R. Co. of New Jersey .......
Central R. R. Co. of Pennsylvania .....
Chicago & Eastern Illinoie ..........
Chicago & Illinois Midland ..........
Chicago, Indianapolis and Louisvlle ..
Detroit, Toledo and Ironton ...........
Ilgin, Jollet and Eastern ............
Illlnois Terminal .....................
Long Island. .........................
Missouri-Illinoie .....................
Pennsylvania ..........................
Pennlylsania-Reading Seashore Lines ...
Reading .............................
Staten Island Rapid Transit ..........
Western Maryln ............


338$ ,008,992 $732,823,905 $593.304,687 $495.515.114 $507.357.929 4451,262,143 $246,137,169 southern Region continued


264.632,768 225.134,489 136.598,406 107.553,019 92,821,944 93,867,424 40.369,314 54,853,669


13.071.792 10.626.0331 3.778.6581 2.064.898 4.684,410 3.688.944 1.445.377 2.306.036


1,292,008 932,894
3,529.197 3.196.751
d 1.541.965 d 1.063.867
d 34426 286,286
d 757.58 d 600654
243,601 644,938
2,188,161 2,164,034
441.473 97.44
7,808,223 5,285.232
d 96.89 122.13


730,512
370,183
d 1.663.028


d 1.134.374
1,298,702
d 169.578
4,441.625
A 0-5384


483,770
155.123
d 1.187.407


d 715.639
1.228.552
d 637.163
2,844,044
A io6.M21


435,601
1,430,615




1,174,194

1,644,000


261,363
1,157,844



9.751
1,427.653

832,331


191,400





79,495

1,174,.482


I B.. .kM i.. -J _- I .4 4


143,550
2,083.235




79.251


-

11 9,582,408 101,193.6 9


470,547
626,639
5,819.507
8,433.940
257,184
854,095
14,711,972
695,147
370.052
1.722,030
9,601,254
418.116
395,021
36,735.154
18,717.890
d 376.577
437,904
8,049,988
529,534
1,061,297
10,051,714


770.936
534,811
5,168,005
6,267,616
305,110
702,569
15.352,483
2.349.045
429,550
1.539,613
8,398,992
850,791
286,944
24,556,763
18,883,224
4 368.952
470,576
5.957,038
416,670
1,031.997
7.289.8681


361,851
611,761
4,389,461
4,839.733
227,523
779,175
9,997.728
d 2.382,068
377,348
1,564.674
6,518.307
d 34.468
372.463
13.932,308
15,225,513
d 1.590.813
d 66.647
5,936,474
389.515
663,662
7.721.455


614,110
534,744
3,727.583
4,831.401
273.895
621.356
10,135,510
d 1.169.08'
434,26;
1,422,725
4,558,945
482,705
273.740
3,866,556
15.417,56'
d 1.592.89!
4,84:
3,873,121
316,673
613.88
5.355.151


d 77.687
473,268
2,672.000
3,123,008
196,014
688,726
5,105,771
12,546
244,077
1,416,169
3,547,000
49,845
268,134
3,281.978
15,122,000


3.325.491
23,000
530.975
5,774,044


689,300
547,231
3,356,000
1,896,316
477,102
741,033
5,813,655
d 25.229
324,528
1,428,588
1,621,136
302,505
258,910
3,101,394
13.086,500

4,990
4,441,763
43,000
518,774


180,000

422,206

200,000
3,852,066

211.365
680,000




4,406,774


1,727,300

457,500


180,000

422,206

200,000
3,239,514

211,815





17.848,068


1,727,300

457,500


5.473,093 1.997,821 1, 1


1 Z.9Z78 $68' ,1 4,0 '2947;; 508116 361.1751 46.077,8911 24,788.9051 26,263,4091


659,117
37,024,707
4,948.456
S2.537.899
6,684,265
3.535.559
167,950
1,439,60
2,061,037
2,911,759
867,969
d 1.693.365
735.957
59,141,413
d 3.340.098
12,711,361
d 239.O-0
6 on0007


561,327
31,324,479
4,204,902
d 3.244.021
6,754,564
3,139.540
754,979
1.280,275
2,538,515
3,290.964
865,618
d 1.606.85
711,075
48,640,326
d 3.010.321
10,674.650
S 229.089
6.6638.R7'


562,657
20,596.912
4,74),441
537,528
3,774,716
2,158,148
108,709
787,178
1,766,347
2,774,966
414,651
d 4.186.765
759,328
19,206,613
d 4.111.765
9,354.886
d 668.543
4. 4057R6


494,705
15.181,917
4,041,794
1,777,748
3,514.539
1,839,780
692,463
635,169
2,268.374
3,122,979
401,698
d 3.978.125
732,806
12,496,171
d 3.797.821
7,514,933
d 663.555
4,415.751


197,086
8,947, 93'
4,166,755
3,052
675, '75
986,000
105.388
854, ooc
1,618.025
2.884,185
566,867

665.500
8,805oo00
606,591
6,934,131

4.346.90C


486,635
8.587 922
5,934,632
2,059
142,750
1.208.900
716,041
634,000
2,373,361
6.A16,133
540,019
j,,239.372
936,500
7,431,000
428,885
5.602,426

4.876.000


164,900

359,976

2,7~5,150
1.343,139

429,642
490,666

100,000

270,000
13,167,754

4,475,738

1.241.940


167.485

359.976

4',575,250
575,628

429,642
968.602

300,000


13,167,754

4,477,132

1.241,940


SuthrnDPistrict Totl ............. 219,681,777 193.680,699 169,163.982 143.896.969 143,859.279 147,338,571 77,266.224 63,916,440

Pocahontas Perion Total ............. 76.609,146 76,558,389 65.098,762 65,655,470 51,333,383 72,460.430 42,483,817 30,489,039

Atlantic and Danville ................ 74,651 67,607? 14.501 d 2224 -
Chesapeake and Ohio .................. 44,587,824 41.717,917 34,399,717 32,336,920 21,800,000 33,785,000 24,094,455 12,208,026
Norfolk and Western ................... 22,441,786 24,853,644 22.515,400 24,948,129 20.750.000 27,750.000 13,318,053 13.318,053
Richmond, redericksburg and Potomac 2,742,746 2,479,170 2.812,775 2,557.163 3,297,320 3,158.191 1.048,645 940,297
irginian ............................. 6,762,1391 7,440.051 5.385.371 5.835,682 5.486,063 7.767.239 4.022,664 4,022.663
I I II I u


Southern ROeion Total ...............

Alabaa Great Southern ...............
Atlanta & Saint Andrews Bay ..........
Atlanta and West Point ...............
Atlantic Coast Line ...................
Central of Georgia ...................
Charleston & Western Carolina .........
Cincinnati, Ne Orleans & Texs Pcific

* Report of receiver or receivers.
** Report of trustee or trustees.
SDeficit or other reverse Item.


143,072,631

1.369.589
478,615
152.279
9.601,803
2,660,240
501,409
5,235,628


117,122,310 104.065,220 78,241,499 92,525,896 74,878.141| 34.782,407 33,427,401


874,723
501,301
129,601
6.187,839
1,520.947
529,925
4,824,254


1,713,347
487.772
184,284
12,027,041
1.637,697
159.919
3.854,844


1.238,077
460,726
159.694
9.545.989
832.204
251,395
3,446,717


1,405,000
676,975
175,015
6,250,00C
362,174
45,00C
5,600,o00


970,000
724,031
151,725
5,125,000
160,485
235,000
5,870,000


896.828
78,000
98,544
4.948.332


1.896,225


896,828
45,000
49,272
4,124,905


1,896,225


Clinchel ............................
Columbus and Greenville ................
Florida Zest Coast ** ...................
Georgia R. R. Lessee Organization .....
Georgia & Florida Railroad* .............
Georgia Southern and florida ............
Gulf, Mobile and Ohio ..................
Illinois Central .......................
Louisville and Nashville ...............
Miislsippi Central .....................
Nashville, Chattanooga & St. Louis ......
oew Orleans and Northeastern ............
Norfolk Southern .......................
Seaboard Air Line .......................
Southern ............................
Tennessee Central .....................
Western Ry. of Alabama ................


$7,531,923
104,909
3,451,117
1,358,897
130,056
670,571
9,000,010
24,969.513
21,807,841
179,212
4.880,692
1,398,799
780,672
18,552,915
27.432,203
420,135
4nl3 6n3


$8,001,602
68,498
1,646,231
1.505,409
157,226
512,823
7,389,643
23,530,092
18,222,490
228,539
2,958,887
1,584,181
668,696
13,994.976
21,424,594
367,440
202.310


$122,041
d 5I.103

d 662.743
430,361
6,657,645
16,795,904
19,396,185
129,844
3,761.913
1,501,904
720,349
15.966.527
19,173,195
192,595
385.699


$89,427
6 1.882.125

d 611,492
262,153
4.957.890
12,742,520
16,828,495
183,852
2,403,611
1,477,593
652,308
11,409,394
13.374.390
144,117
274.564


$812,795
151,200



480,000
6,282,000
17,732,578
14,987,109
156,822
2,782,519
2,080,000
530,714
9,980,000
21,645,000
100,128
290.867


$735,829
89,493



339,000
4,263,000
9.570.590
16.389,332
192,544
2,888,296
2,363,000
623,648
8.920,000
14,995,407

271.761


$19,500




1,625,831
4,513,663
10.530.000
60,358
895.942

411,258
3,923,326
4,644,600

240.000


1951


$19,500




3,251,662
4,174.169
9.360,000
60,358
895.939

498.943
3.300,000
4,644,600

210.000


estrn District Total ................ 368,694,447 314,008,717 287.542.299 244.065.126 270.676.706 210,056,148 128.501,631 118.634326


Northwestern Region Total ............

Chicago and North WVetern ..............
Chicago Great Western ...................
Chicago, Milwaukee, St. Paul and Pacific
Chicago, Saint Paul, Minneapolis & Omaha
Duluth, Missabe and Iron Range ..........
Duluth, South Shore and Atlantic ........
Duluth, Winnipeg and Pacific ..........
Great Northern ..........................
Green Bay & western .....................
Lake Superior & Ishpeaing ..............
Minneapolis & St. Louis .................
Minneapolis, St. Paul & S. S. Marle .....
Northern Pacific ........................
Spokane International ...................
Spokane, Portland and Seattle ..........
ioconsin Central'* .....................


Central esternRegion -Total ..........

Atchiton, Topeka and Santa re / ..
Chicago, Burlington & Quincy ............
Chicago, Rock Island and Pacific ........
Colorado and Southern..................
Colorado & Wyoming ....................
Denver and Rio Grande Western ..........
Fort Worth and Denver ..................
Northwestern Pacific ..................
Sacramento Northern .....................
Southern Pacific .......................
Southern Pacific Transp. System I/ .....
Toledo, Peoria & Western ................
Union Pacific .........................
Utah ............................... ..
Western Pacific ...


outhwestern Perion Total ............

Beaumont, Sour nLke & Western ..........
ntarnotional-Grest Northern*" ..........
ansas City Southern ....................
snsas, Oklihoma & Gulf..................
Louisiana & Arkansas ....................
midlandd Valley ..........................
Iissouri-Kanaas-Texas ...................
lissouri Pacific*' ......................
New Orleans, Teas & Mexico** ...........
Lklahoma City-Ada-Atoka .................
it. Louis, Brownsville and Mexico** .....
it. Louls-Son Francisco .................
it. Louis, San Francisco nd Tes .....
it. Louis Southwestern ..................
ian Antonio, Uvalde & Oulf*5 ..........
exas and New Orleans ..................
exas and Northern .....................
TeAs and Pacific ......................
Texas Mexican ..........................


74,489,369 66,716,419 49,641,760 43.573 942,722


5,800,905
3,045,051
12,645,113
d 413.019
5,035,334
413,103
18,683
22,690,187
161,601
610,029
1,710,663
2,247,935
12,644,574
422,866
5,088,657
2.367.687


4,767,650
2,493,266
10,740,836
d 1.388.608
5,430,120
547.904
d 15.049
19,838,263
337,830
725,313
1,248,824
2,436,362
12,302,924
308,909
55.05,084
1.896.791


1,852,103
2,265.411
6,682,129
d 2.376.381
4.648,637
249,465
d 339.615
20,080,697
107,819
630.053
1,613,222
1,623,494
9.011,167
310,009
2,365,291
918.259


932,859
1,690,228
5.044,505
d 3.344.966
5.147.757
396,252
d 153.683
18,075,823
222,636
756,505
1.223,883
1.806.619
9,176,819
196,674
2,409,948
191.929


1,650,000
4,947,000

4,764,500


15,277,651
204,521
534,000
1,216,630
1.139,543
6,200,000
96,750
1.,540,929
135,000


952,000
4,807,000

11,415,903


15,137,352
218,342
826,129
1,164,000
604,028
7.182,042
131.500
1,684.527
S130.383


2.330.453
851,195
7.616,108




12,172,714
125,000
224,910
450,000
719,104
5.579,348
113,856


196 ,314 ,163 1 174 .342 .9 1 '
11 16g,169,i1 5.1331 176.8; 31.13 12 2125 84612 7, 110


58,188,187
23,457,162
20.489.291
1.729,743
283.875
8.898.383
2,483,103
382.084
417,169
48.754.730
59,890,675
744,967
25.141,789
d 119.147
462.827


56,962,725
23.550,997
12,297,979
887,132
234,805
9,234.775
1,735.333
344,576
677,403
35.241,193
42,5 4,196
744,755
26.476,342
d 129.833
6.084.429


54,291,142
19,666,664
17,763,647
1,819,792
245,753
6.210,803
1,495,001
401,329
d 226.834
8,477,223
51,071,985
708,027
53,685,007
d 120.258
4.752,521


52,419,686
19,447,148
10,924,732
1,138,533
249,468
6,339,851
655,766
365.291
15,833
6,998.506
32,839,619
697,096
52.237,505
d 132.626
5.806.582


59,651,129
19,053,836
11,567,000
1.326,338
171,600
6.750,625
1.156.587
858,766

30,735.145
40,259.547
775.540
40,400,000

4,384,566


22,201,944
18,453.686
5,915,000
1.677,153
179.900
6.155,635
854.646
328,277

24,114,623
29,274,876
801,441
37,269.404

6,309.566


26,161.390
5.979.355
6,870.838

352,000
2,681,596



18,633,342
18,633,342
170,000
20,653,549

3.179,207


- T 1


1,830,523
9.855,128




12,370.244
125,000
182,070
450,000
719,104
4.339,493
71,160


20,093.740
6,833,548
5,814,393


2,681,596



15.997,549
15,997.549
235,000
20,653,549

3.031.805


90on.91l1 72.949,.877 68.730.722 '3,327.967 56,139,050 41,802,433 13,637.666 13.350.424


1.520,166
2,836,358
6,699,627
1,089,.189
3,879.715
89.721
8,358,471
23,651,140
2,285,183
115,000
1.447.,401
13,250,837
641,823
10,624,041
d 486.492
11,135,946
188,521
10,239.539
324,429


I I I I I I I __ I .4 L .


1.673,925
2,563.938
6.162,009
1,112,025
2,374,639
94,819
5.197.267
18,898.830
1,026,386
144,468
1.388.341
9,621,559
291,398
7,391,126
d 569.069
7,302,702
161.723
7,833.406
279,895


1.614,449
741,193
5,104.890
996,655
3,398,481
37.868
5,746,674
II,981,573


812.155
9,212,884
632,532
10,311,200
6 652.046
9,519,079
186,926
8.760.578
225,081


1.784.506 1,232,238 7 4,219
442,092 115,000 166,000
4,588,809 5.915,500 5,118,000 2,540996
997.280 1,138,291 984,409 344,223
2,006,671 2.543,000 1,970,300
33,295 788 34,692
2,676.708 4.412,000 2.688.000 833,756
7,244,672 7.540,000 2,530.000-
d 1.185.627 d 197.839 416,860-
137,288 141,759 129,337
785.810 419,288 194,809 -
5,164.184 5.628,499 5.938,300 5,723,276
282.500 534,.865 376,947
6,730,843 11,327,613 9,504,407 1,853,240
d 727.821 -
5.599.487 9.524,402 5,160,253
160,375 295.800 273.900
6,406,994 5.297,846 5.355,000 2,342,175
199,901 270,000 197,000


3.387.995
344,223







5,422,791

1.853.240



2,342,175


SIncludes Atchison, Topeka & Santa T Ry. .Gulf,Colorado&tntae y. I,and Panhandle & Santa Fe Ry.
SData not included in totals. Includes Southern Pacific Company. Texas and New Orleans R. Co., and leased lines.


U. S. GOVERNMENT PRINTING OFFICE:1953 O 200327


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Subject to revision


UNIVERSITY OF FLORIDA


llllII lll llllll ll 1111111111111111111111111111111111 INTERSTATE COMMERCE COMMISSION
3 1262 08851 2891 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)


1 \



a1'.3


UNITED STATES


EASTERN DISTRICT


POCAHONTAS REGION


For the month of November For the eleven months of For the month of November For the eleven months of For the month of November For the eleven months of


1952


1952


1952


1952


_ I -- 4 4


."I2 et 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. Amortization of discount on funded debt
6-04. Total fixed charges......... ....
7. Income after fixed charges.................
8. Other Deductions
9. Net income....
10. Depreciation (Way and structures and Equipment)
11. Amortization 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)


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. Amortization of discount on funded debt
6-04. Total fixed charges......
7. Income after fixed charges.............
8. Other Deductions
9. Net income......
10. Depreciation (Way and structures and Equipment).
11. Amortization 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 5-6-0


Selected Expenditure and Asset Items


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


21. Cash ... .......
22. Temporary cash investments..... ......
23. Special deposits......... .... ___ ........ .
2 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
32. Total current assets (items 21 to 31)


$110 687 003
17 038 673
127 725 076

4 136 65 6
123589020

9713477
20 465 70 5
270551
36 449 73 3
87 139 28 7
2 981320
84 157 967
41542013

64 351 961

47 577 01 9
10 059211

3.39


$99287055 $964041993 $832 132 960
17007382 195 470 478 202099709
116 294 4371159 512 47 1 034 232 669


4 543 895 44 682 243
111 750 5421 114 830 228


10 671746
25 584 008
265 716
36 521470
75 229 072
2 806 294
72 422 778

40819 007

64 223 674

54 684 807
7894 884

3.06


113 752 269
287 835 996
2 718 715
404 306 980
710 523 248
32 714 593
677 808 655

443 700 981

571 471 889

234 424 059
69 349 940

2.76


51 231233
983 001436

102 949 746
275 539 007
2 649 979
381138 732
601 862 704
33 902 813
567 959 891

434 454 0 2

515 484 818

218 233 74o
81 750 380

2.58


$37 394 414
6112274
43 506 t8 8

975734
42 530 954

5353880
11614730
85 881
17 054491
25 476463
1408 680
24067783

15896297

15 690 93 6

7 863569
5 735 688

2.49


$31266 648
7055 426
38 322 074

715 440
37606 634

5 341358
10 990 511
79 272
16 411141
21 195 493
1 434 550
19 760 943

16 310 916

9 991674

11243 201
3128720

2.29


$302 373182
71 371 599
373 744 781

10 535 204
363 209 577

60 250 039
125 478 677
900 869
186 629 585
176 579 992
15 567 802
161 012190

167 921 950

108 274 880

36 378 581
17 589 990

1.95


8256 423137
78 277 716
334 700 853

11 237 93b
323 462 918

60 773 528
118 619 794
848 353
180241675
143 221243
15 885 281
127 335 962

167 687 988

103 858 099

38 466 946
30 758 644

1.79


$11 387 84C
895294
12 283134

520346
11 762 78 8

6194
1393494
15301
1414989
10 347 799
8 703
10 339 096

3024171

8 187 914

8 434237
30024
8.31


$8 554 239
863 434
9417 673

449 300
8 968 373

6602
1 297 363
16 123
1320 088
7 648 285
8739
7639 546

3025 894

8478092

14 922 518
187 549
6.79


$87 996 986
7 617 534
95 614 520

4 837 903
90 776 617

81 000
15 009140
152 724
15 242 864
75 533 753
95 895
75 437 858

32 722 492

59 521 297

47 949121
2 998 957
5.96


$85 112 628
8 025 694
93 138322

5 367 150
87 771172

77145
14 162 013
140 827
14 379 985
73 391187
96 171
73 295 016

31 744 309

80 938 52 2


42 581968
3 017 138
6.10


r r- h j1 __ I __


For the month
I


i.


$18 327 21 7
1 796288
20 123505

903 21 5
19 220290

790200
3 977 071
38 608
4 805 879
14 414 411
352733
14061678

5 926 285

9 224457

4 430876
634 94 7

4.00


.-


SOUTHERN REGION


of November

1951

$14 150 480
1 744 686
15 895166

1 118 691
14 776 475

764 776
3885 3211
34 13 2
4 684 229
10 092 246
290 803
9 801 443

5 562128

9 930 994

3 897 501
634 948

3.15


UNITED STATES

Balance at the end of November


$347,085,404
860,282,231

478,301,720
101,705,092


1,031,359,821
1,027,950,015
101,063,232
1,086,756
65,185,576
193,770,462
381,148,957
842,623,532
18,845,404
230,255,174
38.926.059


- 4


3,932,214,988


$317,385,797

954,671,467
477,235,699
136,529,315


936,552,926
897,861,205
60,728,601
2,034,662
57,530,939
170,704,401
417,924,447
906,768,073
16,929,157
212,985,115
35.535,712


3,715,555,238


WESTERN DISTRICT


For the eleven months of For the month of November For the eleven months oe


$161 399 848
22 565 887
183 965 735

9 144 689
174 821 046

8 812 057
43 970 840
338 699
53 121 596
121 699 450
3 572 552
118 126 898

63 435 849

101 750 353

35 325 469
4 522 761

3.29


4 4 4


$131 272 790
24041238
155 314 028

13 484 225
141 829 803

8 663155
41 057173
400 974
50 121 302
91 708 501
3 665 559
88 042 942

60 257 315

84 809 135

32 848 212
5 111637

2.83


$43 577 532
8 234 81 7
51 812 34 S

1737 361
50 074 98 8

3563203
9 480410
130 761
13174374
36 900 61 4
1211 204
35 689 410

16 695260
31 248 65 4


26 848 93 7
3 658 55 2
3.80


$45 315 6 8
7 343 836
52 659 524

2 260 464
50 399 060

4 559 010
9410 813
136 189
14 106 012
36 293 046
1072 202
35 220 846

15 920 06 9

35 822 914

24621 587
3 943 667

3.57


4412 271 977
93 915 458
506 187 435

20 164 447
486 022 988

44 609173
103 377 339
1 326 423
149 312 935
336 710 053
13 478 344
325 231709

179 620 690

301 925 359

114 770 888
44 238 232
3.26


$359 324 405
91 755 061
451079 466

21141923
429 937 543

33 435 918
101 700 02 7
1 259 825
136 395 770
293 541773
14 255 802
279 285 971

174 764 410

245 879 062

104 336 619
42 862 961
3.15


4 _______ a


Selected Liability Items


40. Funded debt maturing within 6 months 2J


41. Loans and bills payable/
42. Traffic and car-service balances-Cr.
S Audited accounts and wages payable..
Miscellaneous accounts payable
42. Interest matured unpaid
S Dividends matured unpaid
47. Unmatured interest accrued
4. Unmatured dividends declared..
49. Accrued accounts payable
50. Taxes accrued
51. Other current liabilities

52. Total current liabilities (items 4- 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


Balance at the end of November
1952 1951


163.811.410


2,183,662
140,078,499
580,410,221
225,629,618
40,381,150
16,525,966
88,957,307
84,870,816
222,697,873
961,590,255
S113,238,171
2.476A 5A

774,584,127
187,006,128
280,189,550


177.738.564


3,479,651
107,744,566
540,427,371
197,353,634
26,809,657
19,842,810
86,926,429
71,412,942
260,767,607
919,125,621
88,953,685
9 9 .R84 Os7


754,104,203
165,021,418
309,969,543


A _______ ______ IL


d Decrease, deficit, or other reverse item.
E/ Represents accruals, including the amount In default.


ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS *


Period


I eot hwn eot hwn


Report g showing
Net Income

Number Amount


Reports showing
Net Deficit

Number Amount


November .... 1952 106 $86,602,153 17 2,444,186
November .... 1951 107 74,371,212 16 1,948,434
11 months ... 1952 105 700,166,940 18 22,358,285
11 months ... 1951 106 590,918,863 17 22,958,972


* Ieluds 4 roada whose net income (or deficit) was
absorbed by the eontrofllM company.


2/ Includes payments of principal of long-term debt (other than
long-term debt In default) which becomes due within six months
after close of month of report.
r/ Includes obligation which mature not more than one year after
date of issue.


Statement No. M-125
NOVEMBER 1952


I I1


Income Items


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INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE MON H ENDO 1 OW OV 1952 AID 1951


page 2


BIT RAILWAY OPERATING NT ICOMI FIDAL INCOME DIVIDEND MIT RAILWAY OPRATIIG ET INCOM DERAL INCOME DIVInDED
INCONI TAXE APPROPRIATIONS INCOI THS APPROPRIATIONS
Region and railway Region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

united States Total ................ $964.041,993 $832,132.960 $677,808,655 $567.959.891 $571,471,889 $515.484.818 $303.773.999 $299.984.125 Southern BRedon Continued
Eastern District Total ............. 302373,182 256,423,137 161,012,190 127,335.962 108,274.880 103,858,099 53.968.571 69.225.590 Clinchfleld ............................. $8.379,224 $8,929,642 $895.033 $836,524 -
Columnbu and Grenville ................. 119,665 78.050 $137.605 $103.115 179,600 104,693 $19,500 $19.500
New InlandB ezon Total ........... 15,442,802 12,402,200 5.318,155 2,983,533 5,222,979 4,264,332 3,805,951 270.651 norida st Coast *.................... 3,502,725 1.963,808 d 87.72 1.89.596 -
Georgia E. B. Lessee Organiation ..... 1,481.159 1676213 -
Bangor and Aroostook ................. 1,536,465 1,107,846 921,779 609365 601,473 366,959 191,400 191,400 Georgia & lorida Railroad ............. 172,216 157,744 d 70190 688801 -
Boston & Maine ....................... 4,014,184 3,605,960 551,737 255.952 1,658,083 1,279.916 Georgia Southern and Florida ............ 770,805 535,479 508.741 260,162 570.000 324,000 -
Canadian National Lines in Nw England d 1.690640 d 1.199.206 d 1.824.09 d 1.34.9 ulf, Mobile and Ohio ................... 9.898.380 8,442.464 7.327359 5,778.903 6,899,000 5.015.000 2,438,746 4064.577
Canadian Pacifi Lines in Maine ...... 11842 201512 Illinois Central ........................ 28,688.164 26,087,940 19.730.975 14.574445 20.985,578 11,614.590 5,871,641 5,192,652
Canadian Pacific Lines in Vermont .... 797198 646699 Louisville and Nashville................ 24,146,695 20.414,407 21,487.948 18,824,960 16,515391 18834,372 10530,000 9,360000
Central Vermont ...................... 373,092 836,033 d 1.143.072 62.470 9751 Mississippi Central ..................... 188,398 252.912 134,010 203,553 163,687 24,709 60,358 60,358
Maine Central ........................ 2,376,140 2,333,726 1,392.454 1301,716 1265,423 1527373 79.495 79,251 Nashville, Chattanooga & St. Louis ...... 5.455,072 3.388008 4,222655 2.716,378 3150053 3249938 895.942 895939
Now York Connecting .................. 528,687 d 83.529 d 17231 679.107 eN Orleans and Northeastern ............ 1,607.793 1,751,826 1,723.696 1,637,790 2,400,000 2,633,000
w YTork NHe Baren and Hartford ..... 9,318.358 6,392,408 5,652,513 3,622.470 1,698,000 1,080.333 3.535.056 Norfolk Southern ........................ 834,440 7727222 762.398 748.570 545,714 743,648 575.138 498,943
Rutland ..............................d 97,744 d 145,851 d 9.96 d 129.399 Seaboard Air Line ....................... 20,379.050 15.327,274 17.588,744 12,531.039 10,865,000 9,530.000 3,923,326 3,300000
Southern ................................ 31,589,962 23,376.873 22,455,717 14,377,117 22.945.000 16,355,407 4,644,600 4,644,600
Great Lakes Berton Total ........... 136,125,963 116,912,077 81,289,348 65.490.037 52,123,831 49,767,117 20,634,154 33,871.605 Tennessee Central ..................... 474,084 430,541 223,609 189452 117.833 -
Weotern Ry. of Alab .................. 434932 325.437 415,056 305,263 300,408 310166 240,000 210,000
Ann Arbor ............................ 521,166 829,074 407,926 656,887 d 8403 738,200 -
Cambria and Indiana .................. 702,097 586.616 684.263 586,694 523.292 602248 180000 180,000 western District Total ................ 412,271977 359,324.405 323,231.709 279.285971 301,925,359 245879,062 159,009,120 147.199.580
Delaware and Bodson .................. 6.520.514 5.745,191 4.933,028 4,161,966 3.023,000 3.856,000 -
Delaware Lackawanna and Western ..... 9.493,938 7,089,087 5,472,863 5230,834 3,627,176 2,006.135 422,206 422,206 Northwestern Region Total ............. 85,769,268 76,417,429 57.916,237 50,220,337 42,512,421 48.408,177 32,252,470 30.156,922
Detroit and Mackinac ................. 283,778 317,321 252,472 284.397 211,605 542,388 -
Detroit and Toledo Shore Line ........ 976,373 774,416 893,673 685753 797327 794885 220,000 220,000 Chicago and North Western ................ 7,498,283 5,890,024 3,152,521 1.647,807 50,000 665,000 2,330.453-
rie ................................. 16.621.513 17.692,415 11,500,952 11,917,429 6,047,658 6,700,981 6,302,274 6.302,236 Chicao Great Western ................... 3,382,984 2,803,911 2,516,292 1,914,152 1.826,000 1,105,000 851.195 1,830,523
Grand Trunk Western ................. 968,819 2,579.345 2.451.398 1,258.082 14,203 d 125.229 Chicago, Milwaukee. St. Paul and Pacific 14,257.153 12,814,349 7,710.754 6,528,104 5.587,000 6,285,000 7.616,108 9,855128
Lehigh and Budson River .............. 433,644 500.017 440.43 505,008 235.1 329.919 211.365 211,815 Chicago, Saint Paul, Minneapolis & Oaha d 91.758 1.036.676 d 2.26.985 d 3.156.000 d 205.52 -
Lehigh and New ngland ............. 1.909,831 1,700.334 1.738,522 1.572,834 1,575.136 1583,269 1.360.000 1.156,000 Duluth, Missabe and Iron ange .......... 5.951.777 5.204,797 5.520,082 4,894,747 5.612,900 10,895,803
Lehigh Valley ........................ 10,742,152 9.568,270 7,313,323 5.375.207 3,892,200 2,122,636 Duluth, South Shore and Atlantic ........ 533.586 684,536 350,529 519.431 -
Monongahela .......................... 583,229 928,900 95.145 525,091 338.139 Duluth, Winnipeg and Pacfic ............ 139,923 54.451 d 25.88 d 31920 -
Montour ........................... 452,151 342,015 427,98 326,949 330,560 13,740 Great Northern .......................... 25,634,088 22359,231 22,523,895 20,072,709 17,527.651 16,724,704 12.172714 12.370,244
ow York Central ..................... 42,633,874 31,156,239 17,494,305 8,341,062 3,626.594 4,012,838 Green Bay & Western ..................... 222,973 418,546 160,682 288,812 270,849 293,627 125,000 125,000
Iw York. Chicago and St. Louis ...... 20,888,772 20,981,274 17,070,514 17,238,974 17,054,000 14,529.533 5,875,888 19,316.927 Lake Superior & Ishpeming ............... 881,351 846,934 903408 881,188 514,746 784,524 224,910 396,270
Now York, Ontario and Western** ...... d 69.561 d 401.55 d 1.716.609 d 1.74967 Minneapolis & St. Louis ................. 1,953.981 1.492.902 1,844,666 1,465.599 1.387930 1,413.000 660.000 450.000
lew York. Susquehanna and Western- .. 509,055 521,674 d 29404 6,535 6,736 Minneapolis, St. Paul & S. S. Marie ..... 2,091,037 2,837,522 1,399455 2,151,020 989,543 636,285 719.104 719,104
Pittsburgh and Lake Brie............. 9,147.943 6,295.429 6.814.775 4,099,558 4.064.277 4.802.002 3.454,600 3.454.600 Northern Pacific ........................ 14,653.530 14,130,425 10.372.507 10,283.752 6.558,123 8.082,042 7,439.130 4.339,493
Pittsburg and Shawut ................ 575.971 506,009 422,156 393.737 46,000 6,214 Spokane International .................... 461.817 343.035 338,104 221,599 111,750 149,400 113.856 71,160
Pittsburgh and West Virginia ......... 1,197,882 1,116,237 761.381 658,044 614.555 560,478 610,000 610,000 Spokane, Portland and Seattle ........... 5652.046 5.340,221 2,682,673 2,438,712 1,790,929 1,784.527
Wabash ............................... 11.332,822 8,085,569 8,762,935 5,930,727 6.525.407 6,046.005 1.997,821 1,997,821 Wisconsin Central"* ..........'........... 2.546.497 2,233,221 958.512 387.909 285,000 d 205.,8 -
Central Eastern Region Total ....... 150,804,417 127.108,860 74,404,687 58,862,392 50,928,070 49,826,650 29.528.466 35,083.334 central Western RBeon Total .......... 217,255.858 200,402,908 188,306.746 179,220,645 197.851,791 148,563,612 110,970.633 100,820,913
Akron, Canton and Toungstown ......... 752.771 606,629 646,632 531,370 220.888 540,677 164.900 167.485 Atchison, Topeka and Santa Fe E ........ 62.679,322 64,553.111 58,309,281 59.309.901 67,035.129 29,987,944 35.333 360 28,052,180
Baltimore and Ohio ................... 42,073,099 34,339,080 23950,899 17,668,774 10,906.217 9,411,224 4,276,740 2,354524 Chicago. Burlington & Quincy ............ 26,243,043 26,445,984 22,384,809 21,898.390 21,944,836 21,005.386 5.979.355 6,833.548
Se.semer and Lake Erie ............... 5.452,710 4,485.893 5.214,731 4,307.578 4.457,935 6.386.650 419,976 4,419,976 Chicago, Rok Island and Pacific ........ 22,806,506 14,534.830 19,742,371 12,973,244 12,859,000 7,629.000 6,870,838 5,814.393
Central R. R. Co. of N Jersey ...... 282781 3.541010 286,556 1.449,702 3,652 2,259 Colorado and Southern ................... 2,151,517 1.144.937 2,240,133 1,355,447 1,410.434 1936.708 -
Central R. R. Co. of Pennsylvania .... 7,478,616 7,493,581 4,215,974 3.975,291 676,710 143.450 2,745,150 4,575 250 Colorado & tWomin. ...................... 345.301 260,517 302,748 276,539 225,000 217,300 352.000
Chicago & astern Illinois ........... 3,866,712 3,468,921 2,347,700 2,033,972 1,004,700 1,265,400 1.343,164 575,628 Denver and Rio Grand Western ........... 10,411.770 10,58,4735 7.485.254 '7.429.195 8,083,925 7,444.653 3,033,273 2,681,596
Chicago & Illinois island ............. 279586 880409 212,160 812,138 217,388 839.341 Tort Worth and Denver ................. 3,042.854 2,097.359 1,968,835 904,489 1,239,587 1,121,866 --
Chicago, Indianapolis and Louisville 1,703.517 1.449,634 986,316 740.669 982,000 739,000 429,642 429,642 Northwestern Pacific .................,. 245.428 370,440 264,977 392.751 903,655 369.982
Detroit. Toledo and Ironton .......... 2.340.618 2,641,268 2,017,730 2,337.095 1.830.171 2.502,219 490,666 1,459.267 Sacramento northern ..................... 644.799 795.042 d 63.814 68.551 -
Elgin, Joliet and Eastern ............ 3,497,790 3.594.566 3.345.709 3,415,644 3,523.445 7,151,930 Southern Pacific ........................ 52.990,742 41,037.713 9,587.290 8.515.559 32.627.838 29.044,156 25,325,956 23.515747
Illinois Terminal .................... 994,204 941,545 444,045 431,767 621,566 558.719 100.000 300,000 Southern Pacific Transp. System / ...... 65.319.405 49,939.916 56,045,824 39.545.783 43.233.732 35,777.970 25,325.956 23,515.747
Long Island** ........................ d 1.856.191 d 1.547.02 d 4.606.179 d 1.944.650 239.72 Toledo, Peoria & Western ................ 874,828 827,682 824,116 773.099 910.821 862,045 240,000 235.000
Missouri-Illinois .................... 789,959 765,953 815,842 790,204 763,500 960.500 253,090 253,090 Union Pacific .......................... 28,418,359 30.836,796 59,612,185 58,776,087 45,200,000 41,687,406 30,656,644 30.656,644
Penneylvania ......................... 68,056,661 55.613.903 24,053,461 15.705.332 12.117,000 7.119.000 13.167754 13,167,754 Utah .................................... d 62.908 d 91.358 63.911 93.987 -
P.nnsylvania-Reading Seashore Lines .. a 3.726.178 d 16.879 4 575.011 d 4.18129 677,364 471,773 Western Pacific ........................ 6464297 7005,120 5.712.472 6,641.380 5.411.566 7,257.166 3.179,207 3.031,805
Reading ............................. 14,419.009 12,018343 10.695,032 8.530.566 7.940,534 6.387,880 4,895,444 4,896.838
Staten Island Bapid Transit.......... d 306.612 d 240.093 78.994d 718.205 -
Western Maryland ..................... 7.862.927 7,454,142 5.137.084 4.978,274 4,985,000 5.586,000 1.241,940 2 483,880 Southwestern Reaion Total ............. 109,246,851 82,504.068 77.008,726 49,844,989 61.561,147 48,907.273 15,786,017 16.221745
Southern District Total ............ 249.396,834 216,385.418 193.564.756 161.337.958 161,271.650 165.747,657 90.796,308 83,558.955 Beauont, Sour Lake &a eastern ......... 1.569.558 1.745,935 1.675.033 1.871.950 1,246,238 930,219
International-Great Northernm ............ 3,155.186 2.866,144 848.489 509,501 75.000 167,000
Pocahontas Reiaon Total ............ 87.996,986 85,112,628 75.437.858 73.295.016 59.521.297 80.938.522 50.948.078 45.599.106 Kansas City Southern .................... 7,358,293 6,754.584 5.603847 5.019.537 6.465.500 5.928.000 3.387.995 3.387.995
Lansas, Oklahoma & Gulf ................. 1,245,228 1,223,954 1,142.491 1,098,680 1,204,702 1,079,002 688,455 688,446
Atlantic and Danville ................ 61,950 75,371 880 d 23.475 Louisiana & Arkansas .................... 4,324,867 2,806,207 3,776,808 2,365,923 2.795.000 2,266,300 -
Chesapeake and Ohio .................. 51,426,544 46 527,622 40,101,688 36.151,747 25,780,000 37,820,000 24,094,425 18.228.373 Midland Valley .......................... 95.704 111,878 31,308 39.446 3.788 29.030-
Norfolk and Western .................. 25.838,133 27,501,402 25,920.654 27,591.552 23,850.000 31.150,000 20.350.468 20,350.468 Missouri-ansas-Texas ................... 9,551.375 6,082,523 6,611,353 3,295,265 4,608,000 3,434,000 833.756
Richmond, redericksburg and Potomac 2.957,144 2,688,120 3,281,230 3,018,627 3.584.320 3 436691 1.698,733 1,590,385 Missouri Pacific** ...................... 25,933,188 21,352,289 13,048.683 8,383.723 8.300,000 2.953.000
Virginian ............................ 7.713,215 8.320,113 6.170,166 6,556.565 6,306,977 8,531.831 4,804,452 5.429,880 e OrleansTexas & Mexico** ............ 2,616,474 1.177,279 78,212d 1.260.73d 232839 441,860
Oklahoma City-Ada-Atoka ................. 102,182 169.135 88,827 161.129 158,819 147,160 80,000 80,000
Southern Retion Total .............. 161.399,848 131,272,790 118,126,898 88,042,942 101,750.353 84,809,135 39,848,230 37,959849 St. Louis, Brownsville and Mexico** ..... 1,647,337 1,573,086 942.401 890,333 499,288 305,809 -
St. Louis-San Francisco ................... 15.030,080 10,640,714 10.595.113 5.927.655 6.550.999 6.777.300 6,600.396 6,330.966
Alabama Great Southern ............... 1,736.888 979.398 2.053.302 1.324,166 1,555,000 1.085,000 1,793.656 1,793.656 St. Louis. San Francisco and Texas ...... 675.184 330.306 665.243 320.420 568,865 456.947 -
Atlanta & Saint Andrews Bar .......... 529.102 556,890 536,017 512.326 745,181 802,263 108,000 45,000 St. Louis Southwestern .................. 11.900,857 8,087,693 11533,078 7.358,804 12,138,847 10,894,732 1,853,240 2,223,888
Atlanta and West Point ............... 156,012 16,838 189,637 197,143 190,201 185,340 98,544 49,272 San Antonio, Uvalde & lf** ............ 577.6 d 684.796 d 764.288 d 862533 -
Atlantic Coast Line .................. 10,849,690 7,887,703 13,221,289 11,167.510 6,050,000 6,200,000 4,948,332 4,124,905 Texas and New Orleans ................... 12,328,663 8.902.203 10.550,945 7,039,745 10,605,894 6733.814
Central of Georgia ................... 3,231,922 1,930,332 2,094,728 1,158,106 247,674 160,485 Texas nd Northern ...................... 207,607 181038 205,910 179,468 330,200 310,10 -
Charleston & Western Carolina ........ 609,953 570,918 234,150 261,312 45,000 250,000 Tex. and Paoife ....................... 11,730,480 8.899,232 10.133,827 7.300,925 5,927.846 5,848.000 2,342,175 3.510,450
Cincinnati, Now Orleans& Texas Pacifie 6,163,517 5,271,371 4,628,888 3,755.029 6 385,000 6,360,000 3,700,447 3.700.447 Texas Mexican ........................... 352.104 284,664 241,446 205,791 315,000 205,000


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


SIncludes Atchison, Topeka & Santa Te Ry., Gulf, Colorado & Santa Fe Ny., and Panhandle & Santa Te By.
SData not included in totals. Includes Southern Pacific Company, Texas and Nev Orleans R. R. Co., and leased lines.


U. S. GOVERNMENT PRINTING OFFICE:1953 0 200327






[c /


Subject to revision


UNIV. OF FL LIB.





U.S. DEPOTOInn

.S DEPO"TOMY


UNIVERSITY OF FLORIDA


IIII2IIIIIIII 1 1111111 INTERSTATE COMMERCE COMMISSION
1262 08851 290 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)


- I r


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 1/.................... .........
6-03. Amortization of discount on funded debt.......
6-04. Total fixed charges...............--.--------
7. Income after fixed charges................... ...--- --
8. Other Deductions ............................. ................. ...... ... .
9 N et income e .. ..... .......... ...... ..... ....... ............ ....
10. Depreciation (Way and structures and Equipment).........
11. Amortization 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)


UNITED STATES


EASTERN DISTRICT


Statement No. M-125

DECEMBER 1952


POCAHONTAS REGION


For the month of December For the twelve months of For the month of December For the twelve months of For the month of December


$109 602 1 C
93 168 62
202 770 723

6 445 766
196 324 955

11 054 726
26 002 835
578 830
37 636 391
158 688 564
16 636 637
141 651 927

41 977 2 31

44 794 055

26 762 841
6171794

5.22


I I I


$108 652 304
71391471
180 083 775

6 334 222
173 749 553

13130 496
24 694 926
681 761
38 508 163
135 241370
12 158 450
123 082 920

27 657 205

51 740 761

22 343 617
6 077 899

4.51


L 078 454 946
288 639106
L 367 094 052

51 128 013
L 315 966 039

124 806 997
313 838 829
3 297 546
441 943 372
874 022 667
49 551230
824 471437

485 678169

612 397 434

261395 526
75 313113

2.98


$9411242 9C
273 49118C
L 214 615 47C

57 565 4 56
L 157 050 014

116 080 242
300234935
3 331739
419 646 914
737 40310C
46 061263
691341837

4621112 23

566 965 5 53

240577352
87828298
2.76


$33 917 037
27 071 580
60 988 617

2 388 378
58 c00 239

5 883 052
10 936 783
106 764
16 926 599
41 673640
15 462 889
26 210 751

15 837 703

3 423 909

14 013 638
1802 816

3.46


$33 606 1 5
24 491 673
58 097 82 9

1 516 335
56 581491

7 219 878
10 388 654
285 850
17 894 382
38 68710 9
11 206 70 9
27 480 400

6 742 263
9 637 626

11 363 909
2 498 333

3.16


$341 101 071
98 443 181
439 544 252

12 923 564
426 620 668

66 133 092
136 415 458
1007634
203 556 184
223 064 484
31030 691
19P 033 793

163 759 655

107 830 279

50 392 219
19 392 806

2.10


1 6 6 L -- l L


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 1/.................---------
6-03. Amortization of discount on funded debt .......
6-04. Total fixed charges........ ...... ..
7. Income after fixed charges ...............................
8. Other Deductions ...... .
9. Net income........
10. Depreciation (Way and structures and Equipment).......
11. Amortization 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) ..


Selected Expenditure and Asset Items


SOUTHERN REGION


$290 328 318
1027693359
393 097707

12 754 274
380343433

C7 993 407
129 008 448
1134 202
198136 057
1822U7376
2709199C
155115 336

174 430 2 52

113435699

49 830 8 5L
33256976

1.92


WESTERN DISTRICT


For the month of December For the twelve months of For the month of December For the twelve months of

1952 1951 1952 1951 1952 1951 1952 1951


40 867 2 29
7 122 470
27 989 699

1 052 156
26 937 543

935 162
4 043 074
268 355
5 246 591
21 690 9 52
352 704
21 338 24 8

6 291 558

12 496 661

3 090 3355
2260223

5.13


$25 746 80 9
3 199 769
28 946 578

1 576 450
27 370 128

932 333
3 628 66C
224 137
A 785 130
22 584 998
330 425
22 254 573

3 784 434
13 144 860

2 375 730
2 260 223

5.72


$182 267 077
29 688 357
211955 434

10 196 845
201758 589

9 747 219
48 013 914
607 054
58 368 187
143 390 402
3925256
139 465 146

69 727 407
114 247 034

38 624 443
6 574 345

3.46


$157 019 599
27 241007
184 260 606

15 060 67 5
169 199 931

9 595 488
44 685 833
625111
54 906 432
114 293 499
3 995 904
110 297515

64041749

97 953 995

35 223 942
7 371 860

3.08


$44 766 033
57 077 157
101 843 190

2 310 676
99 532 314

4 229 157
9 640 324
184 675
14 054 156
85 478156
1116 939
84 361 219

16 E33 707

24 705 163

9657 788
1 90 586

7.08


$42 647 764
42 374 0C 6
85 021 770

2 87 971
82 145 7 9

4 971 677
9 362 087
158 723
14 492 4C 7
67 653 33 2
717467
66 935825

14 737 966

21 420 885

8603 978
1102 414

5.67


$4 57 038 011
150 992 618
608 030 629

22 475 323
565 555 306

48 838 331
113 017 66 5
1 511 098
163 367 092
422 188 214
14 595 283
407 592 931

196 454 372

326 630 522

124 428 676
46 128 818

3.58


F~ I


UNITED STATES


Balance at the end of December


Selected Liability Items


17. Expenditures gross3 for additions and betterments- 40. Funded debt maturing within 6 months 2/.. ......$.... 161,153,085 $175,719,677
R o ad .... ................................................................................................... $ 3 98 1 8 7 ,0 8 8 36 3,14 6 ,o o 4
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable/ .......... 2,581,271 3,271,667
Equipment......................................... ............. ............ .... 935,118,901 1,050,849,031 42. Traffic and car-service balances-Cr .......... .... 115 861 635 13 81 343
19. Investments in stocks, bonds, etc., other than those 4. Audited accounts and wages payable.. ..................... 521,678,858 540,116,906
of affiliated companies (Total, Account 707) 459,635,431 477,390,761 4. Miscellaneous accounts payable..... .......... 219,861,148 203,061,674
20. Other unadjusted debits.... .......... 70,326,297 104,791,397 45. Interest matured unpaid .... ... ... ... 55,123,143 52,156,548
46 Dividends matured unpaid .... .. .... 24,634,900 24,426,929
21. Cash............. ..................... .......................... ..... 953,250.956 884,09,902 Unmatured interest accrued... .. 74,018,913 73,164,648
22. Temporary cash investments.......--------.........--... ...... 1,002,162,333 859,08 ,635 Unmatured dividends declared... ..... ..... 23,491,619 21,645,169
23. Special deposits...... ...........................93,309,445 80,182,567 49. Accrued accounts payable.. .... 228,157,914 261,472,363
24. Loans and bills receivable................ 1081279 1,630851 50. Taxes accrued 916,585,446 877,065,813
. Traffic and car-service balances-Dr... ......... 67,097,196 50,00,335 51. Other current liabilities 96,115,699 90,07,161
26. Net balance receivable from agents and conductors 181,917,377 172,540,75
27. Miscellaneous accounts receivable........... 387,706,439 475,60,797 52. Total current liabilities (items 41 to 51)....... 2,278,110,546 2,261,170,221
28. Materials and supplies........ ..... .... ......- 839,830,345 909,581,372
29. Interest and dividends receivable ................ 15,058,185 13,676,987 53. Analysis of taxes accrued:
30. Accrued accounts receivable 216,121,672 221,576,269 53-01. U. S. Government taxes 754,682,054 724,674,846
31. Other current assets 39,312,497 33,767,861 53-02. Other than U. S. Government taxes 161,903,392 153,290,967
Total current assets (items 21 t. 3796 72 3701688332 54. Other unadjusted credits.. 244,949,106 292,113,065
32. Total current assets (items 21 to 31)-........... 3,796,847,724 3,701,688,332


$401 972 170
134 129 067
536 101 237

24 017894
512 083 343

38407594
111 062 114
1 418 5 48
150 688 256
361195 087
14 73289
346221798

169 502 373

267 299 947

112 940 597
43965 375
3.39


$10 051 801
1 897416
11 949 217

694 356
11254 859

7 355
1 382 654
19 056
1 409 045
9 845 614
d 95 895
9 941 709

3 014 23

4 168 302

1060
21 91 9

7.99


MILLIONS NET
OF DOLLARS


120

100

80s


n ei l i i i i i i i i i i = i i i i i i i 0


$6 691 575
1 3.6 023
8 017 598

365 463
7 652 135

6 CO 8
1 316 525
13 051
1 336 1 4
6 315 951
d 96171
6 41 122

2 392 54

7 337 390


216 929

5.73


1


INCOME-ALL CLASS


For the t.l st>e &

19 1951

98 e 787 $91 804 20
9 S50 9351 7.47 p\
107 P7&0O1-15 -

5t3 5732 6153
.OP \ -476 954233 30 C

88 35 5 8 73
16391794 15470536
171760 153 878
16 651909 15 716 15
85379567 79"07138

8; 379567 79 707138

35 736 755 34 136 84

63689599 83 275 912

47950188 425 1e 95
3217144 334085

6.13 6.07


I RAILWAYS MILLIONS
DOLL~l


S:.........0


-Io I I.. .. .- Io


JFMAMJ JA ONDJFMAMJ JASONDJFMAMJJA
1950 1951 1952


ANALYSIB OF NET INCOME--ALL CLASS I RAIL5AS *


Period


December ... 1952
December ... 1951
12 months .. 1952
12 months .. 1951


Reports showing
Net Inoome


Number Amount

103 $153,574,144
102lo 17,421,631
109 843,995,215
107 715,978,611


Reports showing
Net Deficit


Number Amount
20 (11,722,217
21 14,338,711
14 19,523,778
16 24,636,774


d Decrease, deficit, or other reverse item.
T/ Represents Aocruals, including the amount in default.


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


UNITED STATES

Balance at the end of December
1952 1 1951


T Ti l Il Ill


--


I


I---


II ,=,-~---"~-~


-r


-r


I


-r


-r


-r


I I I -r


I I I


I I





IV


I N1


S 0 N D








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR TEE TWL2 M ONES ENDED DECEMBER 1952 ABB 1951


page 2


NET RAILWAY OPERATING R0T INCOME FEDERAL INCOME DIVIDED IT RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONS INCOME TAXS APPROPRIATIONS
Region and railway Region and railway
1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951 1952 1951

United States Total................ $1,078,454,946 $941,124,290 $824,471,437 $691,341,837 $612,397,434 $566,965,553 $336,708,639 $328.405.650 Southern Region Continued
Eastern District Total ............. 341,101.071 290,328,318 192,033,793 155115,386 107,830,279 113.435.699 69.785,025 83,087,833 Clinchfeld ............................ $9,381,355 $9,893,378 $976,9917 $929,351
Columbus and Greenville .................... 124,415 86,944 $142,390 $112,808 190,777 134,497 $19,500 $19,500
New England Region Total ........... 18,476.563 16,173,968 10,487,722 8,127,257 5.668,607 6,389,813 3955951 2,377.347 lorida ast Coast ** .................. 3,933,285 2,271,837 d 789.784 d 2.023.730 -
Georgia R. R. Lessee Organization .... 1,660,717 1,837,176 -
Bangor and Arooetook ............. ... 1,771,725 1,255,162 919,029 714,652 709,337 264,024 191,400 191,400 Georgia & Florida Railroad* ............ 141,121 190,099 d 811.584 d 734.887 -
Boston & Maine ....................... 5,063,415 4,826.247 1,345,296 1,137,410 2,23,640 1,817,576 Georgia Southern and Florida ........... 908,445 741,381 615,097 442,137 850000 519,000 -
Canadian National Lines in New England d 1.782.779 d 1286674 d 6 6 Gulf, Mobile and Ohio .................. 10,634,906 9,442,480 7,785,094 6,521,580 7,223,000 6,040,000 2,438,746 4,064,577
Canadian Pacific Lines in Maine ...... d 12.668 69,265 -- Illinois Central ....................... 31,914,018 30,658,512 22,164,946 18,109,483 24.618,619 15,127.590 5,871,641 5,192,652
Canadian Pacific Lines in Vermont .... d 868.077 d 71762 Louisville and Nashville ............... 27,658,917 24,339,950 25,098,368 22,788,104 18,468,542 20,428,363 10,530,000 9,360,000
Central Vermont ................ ...... 540,425 1,136,203 d 290.717 93,346 2,111 Mississippi Central .............,...... 205,480 276,035 146,775 221,820 181,620 236,285 60,358 60,358
Maine Central ....................... 2,613,778 2.548,313 1,560,879 1,443,786 1,449,756 1,749,671 229.495 229,252 Nashville, Chattanooga & St. Louis ..... 6,153,394 4,550,508 4,800,610 3,755,309 3,637,940 3,009,234 895,942 895,939
New York Connecting .................. 742,071 667,444 17,466 12,448 8,000 60,000 ew Orleans and northeastern ........... 1,800,990 2,113,309 1,930,423 1,985,290 2,865,000 2,933,000
New York, New Haven and Hartford ..... 10,632,878 7,896.637 7.044,599 4,930,718 1,077,874 2,496,431 3,535,056 1,956,695 Norfolk Southern ..................... 620,566 852,746 525,407 817,097 545,714 792,737 575,138 498,973
Rutland ............................. d 111.205 d 221.167 d 108.765 d 205.097 Seaboard Air Line ...................... 23,040,583 19,185242 19,988,605 15,990,714 9,875,000 8,775,000 5.390,911 4,362,500
Southern ............................... 36,376,960 27,947,212 27,834,916 18.856,597 26,845,000 20,590,407 8,517.350 8,192,800
Great Lakes Region Total ........... 157,192,227 140,813,987 98,524,711 83,642,407 52,888,808 49,899,662 26,076,648 40,121,006 Tennessee Central ...................... 495,764 420,014 221,355 160,811 158,627 6,720 -
Western Ry. of Alabama ................. 490,704 393,391 461.521 371,799 324,065 333,286 240,000 210,000
Ann Arbor ............................ 832,739 978,643 714,320 789,896 d 239.130 609,734 200,000 1,012,500
Cambria and Indiana .................. 770,451 711,212 748,378 708,000 585,092 543,072 240,000 240,000 Western District Total ............... 457,038,011 401,972,170 407,592,931 346,221,798 326,630.522 267,299,947 170,557.494 156,905.972
Delaware and Hudson .................. 8,804.360 7,064,870 5,007,734 3,245,762 2,074,121 3,000,985 -
Delaware, Lackawanna and Western ..... 10,857,275 8,490,357 6,601,761 6,371,864 3,804,303 2,246,436 422,206 422,206 Northwestern Region Total ............ 91,587,050 83.744,995 73,139,032 64,674,762 44,111,418 50,962,272 32951566 32,385,318
Detroit and Mackinac ................. 332,869 348,990 298,750 312,831 171,038 499,233 19,000
Detroit and Toledo Shore Line ........ 1,056,557 926,141 961,653 829,775 937,003 777,719 540,000 540,000 Chicago and North Western .............. 8,127,638 7,223,985 4,096,622 3,245,229 653,168 725,000 2,330,453 -
Erie ................................. 18,388,373 19,763,198 13,223,521 13,487,837 6,307,220 7,269,703 6,302,274 6,302,236 Chicago Great Western .................. 3,690,130 3,050,921 2,744,075 2,115214 2,066,000 1,145,000 1,400,351 2,059.344
Grand Trunk Western .................. 1,880,946 3,765,562 d 1.699.704 d 233.745 15.859 d 350.449 Chicago, Milwaukee, St. Paul and Pacific 17,429,608 15,326,006 11,262,693 10,068,990 5,865,000 7,263,000 7,616,108 9855,121
Lehigh and Hudson River .............. 519,088 535,878 527,870 544,646 235,364 332,338 328,790 329,490 Chicago, Saint Paul, Minneapolis & Omaha 330,400 d 751,721 d 2,038353 13.076.615 d 205,352 -
Lehigh and New England ...... ......... 2,823,627 2,263,848 1,830,953 1,665,256 829,887 1,213,449 1,360,000 1,156,000 Duluth, Missabe and Iron Range ......... 5,638,186 4,853,805 4,973,938 4,516,948 3,419,830 8,917,203
Lehigh Valley ........................ 10,929,761 10,392,396 7.205,179 5.846,985 2,103,700 1,755,336 Duluth, South Shore and Atlantic ....... 596,064 592,070 395,030 406,940 140,000 -
Monongahela .......................... 611,243 845,841 85,218 405,200 442,518 312,250 Duluth, Winnipeg and Pacific ........... 202,967 220,757 d 4.268 d 566 -
Montour .............................. 493,541 395,436 466,567 378,538 359,954 323,845 306,000 306,000 Great Northern ......................... 25,914,145 23,214,095 27,704,659 23,946,200 18,652,651 17,862,056 12,172,714 12,360,044
New York Central ..................... 49,817,193 40,049,934 24,716,337 14,718,720 4,931,277 3,582,797 3.223,697 3,223,697 Green Bay & Western .................... 341,420 474,913 272,594 331,571 318,748 342,718 125,000 125,000
New York, Chicago and St. Louis ...... 22,766,110 22,393,896 18,802,703 18,482,772 18,770,500 15,707,533 5,875.888 19,316,927 Lake Superior & Ishpeming .............. 734,330 722,091 759.559 754,591 547.146 682,524 374,850 396,270
New York, Ontario and Western* ...... d 432,927 d 455.329 d 1.90.217 d 1.950,261 Minneapolis & St. Louis ................ 2,236,425 1,698,071 2,102,486 1,663,786 1,554,230 1,667,380 660,000 600,000
New York, Susquehanna and Western .. 596985 542,700 23,556 .78 Minneapolis, St. Paul & S. S. Marie .... 1,910,051 2,709,277 1,141,177 1,968,182 714.543 451.311 719,104 719,104
Pittsburgh and Lake Erie ............ 10,526,766 9.980,784 8,363,952 7,955,840 4,984,916 4,901,589 3,454,600 3,454,600 Northern Pacific ....................... 15,424,532 16,331,460 15,821,166 15.961,859 7,948,123 10,112,042 7,439.130 6,199,275
Pittsburg and Shawmnt ................ 601,092 543,451 433.615 419,486 28,500 Spokane International ................... 497,975 362,451 363,433 230,200 122,150 111,211 113,856 71,160
Pittsburgh and West Virginia ......... 1,399.393 1,212,270 923,168 723,098 511,176 577,227 610,000 610,000 Spokane, Portland and Seattle .......... 5,804,900 5,607,741 2,556,200 2,412,466 1,849,829 2,119,527-
abash ............................... 13,616,785 10,063,909 11,192,397 8,943,690 6,478,028 6,466,597 3194193 2,895,100 Wisconsin Central .................... 2,708,279 2,109,073 988,021 129767 260000 d 231.348 -
Central Eastern Region Total ....... 165,432,281 133,340,363 83,021,360 63,345,722 49,272,864 57,146,224 39,752,426 40,589,480 Central Western Region Total ......... 243.958,686 224,587,207 247,057,574 220,752,835 216,883,543 163,167,458 120,264,086 108,298,909
Akron, Canton and Youngstown ......... 834,934 662,112 716,119 575,131 231,166 585,809 164,900 167,492 Atchison, Topeka and Santa Fe a_ ....... 69,374,110 71,613,110 70.737,705 73.345,778 75,690,129 36,361,631 35,333,360 28,052,180
Baltimore and Ohio ................... 44,339,773 36,833,480 15,488,065 11,420,692 11,558,986 12,788,129 4,276,740 2,354,524 Chicago, Burlington & Quincy ........... 31,743,995 30,116,672 28,000,592 25,249,288 22,837,125 24,479,386 12,812,903 11,958,709
Bessemer and Lake Erie................. 6,307,372 5.249,558 5,940,532 5.051.990 3,498,579 5,401,108 4,419.976 4,19,976 Chicago, Rock Island and Pacific ....... 25,339,377 17,256,194 22,641,225 15,419,100 14,277,000 8,767,000 9,152,461 8,104,703
Central R. R. Co. of New Jersey ...... d 3,474.443 d 185.468 150,930 1,759,551 ,152 2,659 -- Colorado and Southern .................. 2,259,024 1,431,904 2,430,274 1,945,984 1,578,187 2,500,869 169,994 -
Central R. R. Co. of Pennsylvania .... 8,476,180 8,468,888 4,852,158 4,595,037 307,670 7,150 2,745,150 5,490,300 Colorado & Wyoming ..................... 29.437 315,308 382,873 332,787 254,900 341,200 352,000-
Chicago & Eastern Illinois ........... 4,301,041 3,426,472 2,681,269 2,103,615 1,089,600 1,309,400 1,535,040 767,504 Denver and Rio Grande Western .......... 11,621,041 11,711,648 8,470,194 8,334,235 9,119.925 8,648,840 3,033,273 2,681,596
Chicago & Illinois Midland ........... 451,405 1,065.243 374,881 990,961 381.050 1,004,041 600,000 600,000 Fort Worth and Denver .................. 3,480,287 2,927,630 2,238,400 1404,399 1,483,163 1,553,290 -
Chicago, Indianapolis and Louisville 1,906,509 1,670,465 1,140,012 1,215,990 1,186,000 885,000 429,642 429,642 Northwestern Pacific ................... 13,780 456,720 35.044 481,025 845,471 157,917
Detroit, Toledo and Ironton .......... 2.735,983 2,904,565 2.384,824 2,567,968 1,905,878 2,672,186 981,332 1,459,267 Sacramento Northern ..................... 773.494 696,620 1,333 d 94.907 -
Elgin, Joliet and Eastern ............ 4,770,715 4,173,689 4,477,140 3,984,919 3,310,116 7,268,864 3,000,000 3,000,000 Southern Pacific ....................... 58,096,302 45,381,528 36,184,207 18,842,277 33,461,181 24,099,753 25,331,719 23,515.747
Illinois Terminal .................... 1,058,030 1,019,210 506,486 462,596 730,720 646,651 100,000 400,000 Southern Pacific Transp. System j ..... 71,683,546 56,561,013 61,941,887 46,019,037 44,814,137 30,188,736 25,331,719 23,515,747
Long Island .................... d 2.008.689 d 5.833.055 d 5.009.658 d 8,91.093 d 239,372 Toledo, Peoria & Western .............. 974,806 782,214 920,518 741,652 1,016,103 940,000 240,000 295,000
Missouri-Illinois .................... 875,455 824,580 903.834 849,907 878,000 987,500 253,090 253,090 Union Pacifi .......................... 32,761,120 4,249,943 68,727,226 67,46,4006 50,350,000 47,255,406 30,659,169 30,659,169
Pennsylvania ......................... 74,930.335 59,519,986 36,981,364 26,697,717 9,779,647 9,139,054 13,167,754 13,167,754 Uth ................................... d 9.980 d 80,873 10.685 d 83.11 -
Pennsylvania-Reading Seashore Lines .. d 4.166.957 d 3.778.268 d 5.098.555 d 4,714,826 752,198 522,211 Western Pacific ............................ 7,101,893 7,728,589 6,298,668 7370522 5970,359 8,062,166 3,179,207 3,031,805
Reading .............................. 15,766,826 13,318,997 11,676,307 9.532,208 8,181,367 8,017,905 5,594,922 5.596,051
Staten Island Rapid Transit ..........d 3a69.290 d 271,124 d 894.418 d 793.667 --
Western Maryland .................... 8,697,102 8,271,033 5,750,070 5.537,026 5,477.735 6,147.929 2,483,880 2,483,880 Southwestern Region Total ............ 121,492.275 93,639.968 87.396,325 60.794,201 65.635.561 53,170,217 17.341.842 16,221,745
Southern District Total ........... 280,315,864 248,823,802 224,844,713 190,004,653 177.936,633 186,229.907 96,366,120 88,411,845 Beaumont, Sour Lake & Western** ........ 1,799,823 1,986,503 1,916,449 2,126,252 1,391,13 1,093,486 -
International-Great Northern** ......... 3,491,128 3,154,769 972,355 575,365 27,000 208,000 -
Pocahontas Region Total ........... 98,048,787 91,804.203 85,379,567 79,707,138 63,689,599 88,275,912 51,167,332 45,816,043 Kansas City Southern ................... 7,884,118 7,]03,053 5,974,522 5,216,137 6,520,500 6,074,400 3,387.995 3,387,995
Kansas, Oklahoma & Gulf ................ 1,384,150 1,301,092 1,271,246 1.165,420 1,263,791 1,138,936 688,455 688,446
Atlantic end Danville ................ 41,654 60,743 39,645 57,822 -- Louisiana & Arkansas ................... 4,854939 3,092,864 4,232,084 2,583816 2,985,000 2,577,100 -
Chesapeake and Ohio ................. 56,983,018 49,442,081 44,999,175 38,122,534 27,830,000 39,830,000 24,093,772 18,225,400 Midland Valley ......................... 68,881 113,055 97,363 105,398 6,788 23,368-
Norfolk and Western ................ 28,547,397 29,955,743 29,300,910 30,751,104 25,600,000 34,950,000 20,570,370 20,570,370 Missouri-Kansas-Texas .................. 10,741,081 7,176,'-48 7,548,032 4,173,960 4,636,000 4,449,000 833,756
Richmond, Fredericksburg and Potomac 3,983.769 3,317,262 4,225,049 3,661,299 3,224,320 4,227,864 1,698,733 1.590,385 Missouri Pacific* ...................... 28,052,419 23,961,994 14,939,181 11,045,567 8,500,000 3,186,132
Virginian ............................ 8,492,949 9,028,374 6,814,788 7.114,379 7,035.279 9,268,048 4,804,457 5.429.888 New Orleans, Texas & Mexico** .......... 2,893,774 1,273,004 101,341 d .j392.117 d 274.740 375,301
Oklahoma City-Ada-Atoka ................ 89,632 171,218 76,066 162,497 176,555 142,511 80,000 80,000
Southern Region Total ............. 182,267,077 157,019,599 139,465,146 110,297,515 114,247,034 97,953,995 45,198.788 42,595,802 St. Louis, Brownsville and Mexico" .... 1,771,872 1,710,701 972,994 954,891 504,288 374,319
St. Louis-San FrPncisco ................ 17,376,352 12,643,382 12,557,487 8,635.395 7,466,999 7.865,819 6,600,396 6,330,966
Alabama Great Southern ............... 2,057,518 1,399,403 2,894,379 2,267,636 1,925,000 1,360,000 1,793.656 1.793.656 At. Louis, San Francisco and Texas ..... 715.811 356.482 704,860 342.060 612,765 395947 -
Atlanta & Saint Andrews Bay .......... 575,948 607,688 584,285 564,025 817,194 874,475 108,000 60,000 St. Louis Southwestern ................. 13,518.158 8,662,083 13.105.741 7,862,763 13,081,674 12,376,472 1,853,240 2,223,888
Atlanta and West Point ............... 256.196 229,917 290.912 264,126 181,271 189,050 98,544 49,272 San Antonio, Uvalde & Gulf* ...........4 658204 d 641619 862.00 d 8 163 -
Atlantic Coast Line .................. 12,233,169 10,037,194 17,325,674 13,170,209 6,300,000 8,800,000 4,948,332 4,124,905 Texas and New Orleans ................... 13,587,24 11,179,485 11,650,631 9,142,742 11,352,956 6,088,983
Central of Georgia ... ............... 3833,787 2,185,853 2,587,370 1,318,422 332,674 Texas and Northern .................... 33,668 200,464 231,890 198,675 381.000 330,400 -
Charleston & Western Carolina ........ 804,728 839,626 390,838 96,233 65,000 50,000 Texas and Pacific ...................... 13,327,936 9,909,902 11,655,792 8,509,651 6,655,846 6,222,000 3.898,000 3.510,450
Cincinnati, New Orleans &Texas Pacific 6,964,111 6,519,704 5,279,549 4,841,932 7,865,000 6,825,000 3,710,670 3,710,670 Texas Mexican .......................... 359,493 285,088 250,296 223,892 348,000 28,43 -


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


a/ Includes Atchison, Topeka & Santa Fe Ey., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
3 Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE:1953 O 200327




Full Text
I~ -- a


Subject to revision


UNIV. OF FL LII.






U.S DEPO DTORY


UNIVERSITY OF FLORIDA

i 1262 0851 3055 INTERSTATE COMMERCE COMMISSION
262 08513055 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
JANUARY 1952


Net railway operating income ....... -----------
Other income .......-----------............. --....... ------- ----
Total income .--....-- ----------- -....-
Miscellaneous deductions from income. ----.--.
Income available for fixed charges ... ......
Fixed charges:
6-01. Rent for leased roads and equipment -----
6-02. Interest deductions 1/...............----- .....
6-03. Amortization of discount on funded debt
6-04. Total fixed charges..... .. .. .....
Income after fixed charges. -- --------- -
Other Deductions
Net income....... .... ...........
Depreciation (Way and structures and Equipment)
Amortization of defense projects-...... -
Federal income taxes .... ...... ................ ......
Dividend appropriations:
13-01. On common stock...................-- ...-- .....
13-02. On preferred stock...............--------
Ratio of income to fixed charges (Item 5 6-04).


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 I/.... -----------
6-03. Amortization of discount on funded debt
6-04. Total fixed charges -----. .---......
7. Income after fixed charges-- ---------
8. Other Deductions ................. ............ .......... ...
9. Net income ...... ...... ......
10. Depreciation (Way and structures and Equipment) .....
11. Amortization 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).


Selected Expenditure and Asset Items


17. Expenditures (gross) for additions and betterments-
Ro a d .............--. -.-.. ....- .. ......- .................................................. --..... ..............
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...... ................. .................. ...........


21. Cash ................... .......................... -.- ------.. .--- ---
22. Temporary cash investments -- ..... ...... ..............-............
23. Special deposits .--.-------------------.-----...-----------
24. Loans and bills receivable- ......................... -..........
25. Traffic and car-service balances-Dr.
2 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
z2. Total current assets (items 21 to t31l


$66 066 87 S
17 995 18 S
8406206
4 460742
79 601326
9 382103
25 701 10S
225 656
35 308 86 8
44 292 45 8
2929375
41363083
38 891 50 9
46 242 66 2

5 469 706
7 Q86 65

2.25


*1~


$78 950 804
19 732 78C
98683 584
4 505 435
94178 14S
9 806 035
24 825 788
216 397'
34 848 220
59 329 929
3035 152
56 94 777'
37 470 66 6

56 88858

6 147 434
6 595 882

2.70


42i 122 641
6 329284
28 451 925
1 292102
27 159 82 3
5 616131
11183180
68 970
16 868 881
10 291542
1439926
8 851616
14 424179
8615526

1 377 65 5
2 854 79 8

1.61


$25 738 628
7 860 732
33 593 360

1053 987
32539 373
5 674 94 9
10648 448
71 835
16 395 232
16 144 141
1435 05
14 709 08
14113 584
11 271 567

2 279 742
2 314 022

1.98


d A L 'j, ~, I


SOUTHERN REGION


For the month of January For the month of January


1952 1951 | I 1952 1951


$14294230
2 408 092
16 702322
864 946
15 837 376
769 735
3 849 996
30600
4 650331
1118704 5
327127
10 859 918
5 509 707
10 547 74

3 695377
1189 299

3.41


$13 772 517
2822 806
16595 323
1072 312
15 523 011
776 572
3 666 817
26 206
4 469 595
11053 416
315 268
10 738 14 8
5 239 810
9938 859

3 561 271
1 189 299

3.47


UNITED STATES

Balance at the end of January
1952 1 1951


0
4
o


$21 428 490
8263213
29 691 70 3

1 820 84 5
i 27 870 85
2 987 76 8
9 342546
113 472
1i 443786
15427072
1153583
14 273 48 9

16 082 652
20 990875

396 ,74
b042 561

2.24


I I


Selected Liability Items


$32 699 164
8 210 699
40 909 863
1856 254
39 053 609
3 345 854
9 227 593
105 235
12 678 682
26 374 927
1276 084
25 098 843
15 360 163
28 175 484

306 421
3 092 561

3.08


WESTERN DISTRICT


\









UNITED STATES


Balance at the end of January


T i -I-- i ly-z-- 1951


.. .


$24,558,935
92,930,009
476,971,745
109.557.288


843,035,584
898,389,765
66,033,947
1,393,900
59,359,040
158,933,990
468,395,855
923,820,872
13,437,897
221,285,670
35,601,829
3.689.688.349


$22,692,227
67,316,885
471,116,081
101.377.243


950,279,743
1,036,055,372
125,268,289
1,674,746
63,755,910
155,778,597
466,664,139
757,463,120
12,788,954
228,092,355
38,606,835
1 8qA JD.9 nAn


40. Funded debt maturing within 6 months 2/.


41. Loans and bills payablej/.--......-..
42. Traffic and car-service balances-Cr.
U. Audited accounts and wages payable .
Miscellaneous accounts payable........
45. Interest matured unpaid
42. Dividends matured unpaid ......................................
47. Unmatured interest accrued
4g. Unmatured dividends declared.... .................-
49. Accrued accounts payable ..............
50. Taxes accrued ..
51. Other current liabilities. ........ ..

52. Total current liabilities (items 41 to 1


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


-__-- -. _--, J


$185.528.743 1 4146,013,170 1


3,235,833
94,529,255
546,050,356
190,158,651
30,878,880
10,717,968
83,517,610
24,554,955
266,788, 827
929,389,242
88,588,700


2 268 410 277


1,755,500
97,535,200
533,748,063
239,415,538
32,103,470
7,261,807
82,453,866
22,108,715
213,305,334
975,980,094
92,703,836


2 298 371 423


772,489,795 827,698,601
156,899,447 148,281,493
299,156,489 276,845,125


- --. I~s-,~--.,.--,---J ____________________________________________ I __________ I I


d Decrease, deficit, or other reverse item.
Y/ Represents accruals, including the amount in default.


S8 221 51 8
994600
9 216 11 8
482 84 9
8733269

8 469
1325387
12614
1 346 470
7 38679 9
8 739
7 378060
2 874 971

6 088516


#6 746 495
838 543
7 585 038
522 882
70682 156
8.660
1 282 930
13 121
1 304 711
5 757 445
8747
5 748 698
2 757 111
7 502 678


k0


S 4, _____ 1 _____ 1


140

120

100-


so
80
60

40-


NET INCOME-ALL CLASS I RAILWAYS


1 III I II III


J FMA M J J ASON J FMAM J J AS
1950 1951


MILLIONS
OF DOLLARS
116


ON OJ FMAMJ J A SO ND9
1952


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS


Period


Report showing
Net Income


Number Amount


Reports showing
Net Deficit


January .... 1952 98 $51,634,871 25 $10,271,788
January .... 1951 105 60,032,327 17 3,737,550


* Excludes 4 road* whose net income (or defiplt) u.-
absorbed by the controlling company.


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


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 January For the month of January For the month of January

1952 1951 1952 1951 1952 1951


ii


Number Amount


-1


-F


MILLIONS
OF DOLLARS
160 -


I


-t


--r-


N


-1-


l-10 I1- 1 1 I1 I I I1I1 I1 1 I 10


-1-


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race sons


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