Selected income and balance-sheet items of class I steam railways in the United States - 1953

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Material Information

Title:
Selected income and balance-sheet items of class I steam railways in the United States - 1953
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:
1953
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_00021
Classification:
lcc - HE2713 .Un321
ddc - 385.13 fU567s
System ID:
AA00000587:00021

Related Items

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


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Full Text




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UNIVERSITY OF FL ORIOA

3 1 262 08851 2917 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


Statement No. M-125
JANUARY 1953


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


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

1953 1952 1953 1952 1953 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 ./ ...................
6-03. Arortization of discount on funded debt..
6-0 Total fixed charges ..................
Income after fixed chres..................
Other Deductions .................................
Net income ...................................
Depreciation (Way and structures and Equipment) ...
Federal Income taxes ..............................
Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock ......................
Ratio of income to fixed charges (Item 5+6-04)


$80 074 947
18 233 038
98 307 985
4 369 320
93 938 665
6 239 413
27 044 194
238 187
33 521794
60 416 871
2 822 340
57594 531
40 876 4 53
48 8112 30

13 678 368
7 240 892
2.80


$66 178 799
17 810 588
83 989 387
4 469 4 57
79 519 930
6 550 477
26 207 048
230 762
32 988 287
46 531 643
2 929 375
43 602 268
38 914 272
46 317 5315

5 469 70 6
7 086 658
2.41


$25 952 200
6 249 670
32 201 870
1236 895
30 964 975
5 286 647
11690 647
74 212
17 051 506
13 913 469
1 447 551
12 465 918
15 362 989
9 304 582

1377 899
2 854 802
1.82


(22 197 641
6 236 334
28 433 975
1 292 101
27 141 874
5 514 131
11183 180
68 970
16 766 281
10 375 593
1 439 926
8 935 667
14 424 179
8 675 526

1 377 655
2 854 798
1.62


$7 521 530
740 728
8 262 2 58
500 451
7 761 807
8 633
1379 722
15 2 50
1 40 605
6 358 202
8693
6 349 509
3 107 625
4 562 4 53

5 878 527
151 859

5.53


$8 221 518
994 600
9 216 118
482 849
8 733 269
8469
1 325 387
12 614
1 346 470
7 386 799
8 739
7 378 060
2895 797
6 088 516




6.49


UNIV. OF FL LIb.
DOCUMENTS DEPT


8- -- I


U.S. DEPO ITOIV


N


EASTERN DISTRICTSUEN G
INCLUDING SOUTHERN REGION WESTERN DISTRICT
POCAHONTAS REGION
Income Items For the month of January For the months of For the month of January For the months of For the month of January For the months of

1953 1952 1953 1952 1953 1952

1. Net railway operating income ...................... $33 473 730 430 419 1 59 15 785 580 14 294 230 30 815 637 21 465 410
2. Other income ...................................... 6 990 398 7 230 934 2 482 759 2 408 092 8 759 881 8 171 562
3. Total income ................................. 40 464 128 37 650 093 18 268 339 16 702 322 39 575 518 29 636 972
4. Miscellaneous deductions from income .............. 1737 346 1 774 950 862 211 869 656 1769 763 1 824 851
5. Income available for fixed charges ........... 38 726 782 35 875 143 17406 128 15 832 666 37 805 755 27 812 121
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 5 295 280 5 522 600 774 807 769 735 169 326 258 142
6-02. Interest deductions / .................... 13 070 369 12 508 567 4016 454 3 845286 A 9957 371 9 853195
6-03. Amortization of discount on funded debt ... 89 462 81 584 27 081 30 600 121 644 118 578 1*
6-04 Total fixed charges ................. 18 455 111 18 112 751 4 818 342 4 645 621 10 248 341 10 229 91 5
7. Income after fixed charges ................... 20 271 671 17 762 392 12 587 786 11 187 04 5 '27 557 414 17 582 206
8. Other Deductions .................................. 1 456 244 1448 665 241 677 327127 1 124 419 1 153 583
9. Net Income ................................... 18 815 4 27 16 313 727 12 346 109 10 859 918 26 432 995 16 428 623
10. Depreciation (Way and structures and Equipment) ... 18 470 614 17 319 976 5 793809 5 509 707 16 612 030 16 084 589
11. Federal income taxes .............................. 13 867 035 14 764042 9 961726 10 547 745 24 982 469 21 005 528
12. Dividend appropriations:
12-01. On common stock .......................... 7 256 426 1 377 655 6 025 268 3 695 377 396 674 396 674
12-02. On preferred stock ...................... 3 006 661 2 854 798 1189 299 1189 299 3 044 932 3 042 561
Ratio of Income to fixed charges (Item 5+6-04) 2.10 1.98 3.61 3.41 3.69 2.72


UNITED STATES UNITED STATES
Selected Expenditure and Asset Itemse at te e o Selected Liability Items B e a t a o ANALYSIB OF NET IMCOM--ALL CLASS I RAILWAY
Balance at the end of January Balance at the end of January
1953 1952 1953 1952
Reports showing Reports showing
17. Expenditures (gross for additions and betterments- ,40. Funded debt maturing within 6 months 2/ 157,672,590 $185,301,220 Period Net Income Net Deficit
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable .2,657,103 3,235,833 Number Amount Mumber Amount
Equipment 67,821,638 92,935,467 42. Traffic and car-service balances-Cr. 103,884,267 93,111,619
19. Investments in stocks, bonds, etc., other than those 4.a Audited accounts and wages payable 531,348,628 546,109,117 January .... 1953 98 $63,44,091 24 $5,949,560
of affiliated companies (Total, Account 707) 463,617659 76,981.497 4. Miscellaneous accounts payable .. 204,616,039 190,934,939 January .... 1952 98 53( 55,102 24 9,852,834
20. Other unadjusted debits 78,152,013 109,416,368 4. Interest matured unpaid-- 34,070,877 32,345,776
21. Cash ... ...... 945,223,105 843,385,243 4. Dividends matured unpaid .... 7,190,617 10,717,969
22. Temporary cash investments ,2 s,389 47. Unmatured interest accrued.. ......... 83,972,470 83,918,765
22. Temporary cash investments 1,032 9,389 9,765. Unmatured dividends declared 31,614227 24,554,95
23. Special deposits .. 84001,958 66,660739 49. Accrued accounts payable 221,743,640 265,897,637
24. Loans and bills receivable ... .......... 1,092,832 1,393,900 50. Taxes accrued........ ..........975,271,308 929,461,175
2. Traffic and car-service balances-Dr. 63,437,223 57917,144 51. Other current liabilities .........98459,347 89,155,390
26. Net balance receivable from agents and conductors 169,317,209 158,950,359
27. Miscellaneous accounts receivable 38402,483 468,10007 52. Total current liabilities (items 41 to51) 2,294,828,523 2,269,443,175 Ecludes roads whose net income (or deficit) ma
28. Materials and supplies 8..,459,432 923,912,782 absorbed by the controlling company.
29. Interest and dividends receivable ...4........... ,705,886 13,224,270 53. Analysis of taxes accrued:
30. Accrued accounts receivable 218,65760 221315,948 53-01. U. S. Government taxes. ..... 803,777,823 772,557,229
31. Other current assets 40,589,846 35,602,044 53-02. Other than U. S. Government taxes....... 171,493,485 156,903,946
32. Total current assets (items 21 to 31) 3,797,105,123 3,689,162,201 54. Other unadjusted credits ................. .... ---... 251,121,476 299,245,122
32._Total current assets (items 21 to 31) ..... 3,797,105,123 3,689,162,201


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.
3/ Includes obligations which mature not more than one year after
date of Issue.


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INTERSTATE COMMERCE COMMISSION
BUREAU OP TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
MOR T UMORT 0 JAIUARM 19553 AD 1952


Page 2


NE RAILWAT OPERATI NG N P INCOME FDERL INCOIM3 DIVIDEND NET RAILWAY OPERATING TEDRIAL INCOME DIVIDENDS
IRCI (3a I TAXIS APPROPRIATIONS ICOIICO T E TAXIS APPROPRIATIONS
Region and railway Region and railver
1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

United States Total ................ $80,074,947 $66,178.799 $57.594,531 $43,602.268 $48,811,230 $46,317,315 $20,919,260 $12.556,364 Southern Ragion Continued
astern District Total ............. 25,952,200 22,197,641 12,465,918 8,935,667 9,304582 8,675,526 4232,701 4,232,453 Clinchfield ............................. $891,838 $858,659 $81.455 $80,869
Columbus and Greenville .................... 27,716 13.599 $28.565 $15,484 21,500 8,900
New England Region Total ........... 1.809,878 1,800.787 688.242 695,478 658,512 688.522 19.883 19.868 Florida ast Coast *0 ................... 570,023 594,107 202,462 219,266 220,000 235,000
Georgia B. R. Lessee Organisation ..... 105,298 156,434 -
Bangor and Aroostook ................. 281,933 218,351 207,172 172,105 225,712 191,992 Georgia & Florida Railroad* ............. 17,749 5,052 63.1 73588 -
Boston & Maine ....................... 286,360 192.192 37.695 d 126.395 26,502 26.398 Georgia Southern and Florida ............ 74,711 58,068 50,720 32,728 60,000 50,000
Canadian National Lines In New England d 72.107 d 96940 d 83791 d 108,478 Gulf, Mobile and Ohio ................... 909,920 807,824 690,199 586,983 618,000 555,000
Canadian Pacific Lines in Maine ...... 158832 160,50 Illinois Central ........................ 2,205,659 1,966,759 1,545.488 1,301,283 1,593,000 1,421,000 $1,118,718 $1.118,718
Canadian Pacific Lines in Yermont .... d 43.340 d 78198 Louisville and Eashille ................ 2,440,354 2,696,221 2,214,076 2.463,580 1,675.976 2,138103 2,340,000 2,340,000
Central Vermont ...................... 7.551 80,290 d 131.974 7,869 Mississippi Central ..................... 23,756 26,084 19,096 20,490 11,279 12,763 60.358 60.358
Maine Central ........................ 299,933 296,440 209,597 207,485 178.298 232,132 19,883 19,868 ashrille, Chattanooga & St. Louis ...... 474,915 417,831 365.236 301,074 283.812 239.944 255.984 191,987
Nelv ork Connecting .................. 148,022 114,318 93,419 56,823 Now Orleans and Northeastern ............ 144,164 30,749 152,147 37.760 165,000 55000 --
Nev York, New Haven and Hartford ..... 767,998 903,759 458,851 539.986 228,000 238,000 Norfolk Southern ........................ 16,751 63,154 7,483 60,770 10,000 55.000 134,106
atland .............................. d 25.30 10.525 2.337 11821 Seaboard Air Line ....................... 2.198,599 1,869,301 1,952,447 1576,386 1,100000 1,150,000 -
Southern ................................. 3.185,286 2,122,551 2,284.580 1,213,357 2,474,000 1,620,000 -
Great Lakes Region Total ........... 12,036,938 10,424,128 7,038,442 5.549,101 4.445,723 4,760,710 3,503,529 3,503,275 Tennessee Central ....................... 68,834 35,437 46,746 14,277 -
Western BRy. of Alabaaa .................. .38,814 25.236 40,404 31,100 27,665 34,608 -
Ann Arbor ............................ 119,000 50,970 104.578 36,198 77.387 15,681 western By. of Alabama ...............3881
Caubria and Indiana ...................... 75.147 57.415 73.201 57.594 51,018 62,018 Western District Total ................ 30,815.637 21,465,410 26.432.995 16.428,623 24,.982,469 21,005,528 3,441,606 3,439.235
Dela.war and Hudson .................. 706.934 559,303 548.330 437.185 102,000 420,000
Delaware, Lackawanna and Western ..... 803.349 791.526 448,341 394,275 249,112 201,592 Northwestern Region Total ............. 1.309,483 d 2.657.831 d 1,530,467 d 5.471.257 761.071 514,719 3,044,932 3.042,561
Detroit and Mackinac ................. 22,368 14,863 20.543 9,760 23,314 6.950 --
Detroit and Toledo Shore Line ........ 132.619 104,499 126,990 97.642 121.004 89,364 20,000 20.000 Chicago and North Western ............... 539,498 d 79.532 135,639 d 466.691 -
Erie ................................. 1.745.318 1,700,483 1,179,698 1.153,189 864,947 952,021 2.014,410 2,014,410 Chicago Great Western ................... 303,738 327,485 235.350 233,170 143,000 164,000
Grand Trunk western .................. 239,118 63,468 d 53.693 d 200.345 Chicago, Milwaukee, St. Paul and Pacific 1,224.763 751,263 657.989 148.438 409,000 101,000 -
Lehigh and Hudson River ............. 30,380 29,789 30,221 30,037 20,037 20,864 Chicago, Saint Paul, Minneapolis & O(aha 61,854 d 46.955 d 147.804 d 247,096 -
Lehigh and New England ............... 74,188 93,616 61,116 77,866 25,382 66,124 Duluth, issabe and Iron Range .......... d 1.692.947 d 2.100.960 d 1.739.244 d 2.128.212 -
Lehigh Valley ......................... 805,693 1.036,212 450,040 675,994 186,500 546,500 Duluth, South Shore and Atlantic ........ 120,996 2,823 99,679 d 4,717 -
Monongahela .......................... 2,119 23,723 d 33.956 d 11.626 28,434 Duluth, Winnipeg and Pacific ............ d 72.400 112,421 d 107.813 76,420 -
Montour .............................. 56.382 39,389 53.181 37 3781 37,462 24,963 -- Great Northern .......................... 417 5 1.172.443 80193 d 1.490.164 3,044932 3,042,561
e Tor Central ..................... 3,437086 2,471070 1338381 480,158 356276 290,623 Green ay Western ...... ...............39,348 39267 367 18.577 42471 29153
New Tork, Chicago and St. Louis ...... 1,680.599 1,610,916 1.306,147 1.300,863 1.350.500 1,252.100 1,469,119 1.468,865 lake Superior & Ishpeing ............... d 124.520 130.161 d 121.816 d 126.912 -
New Tork, Ontario and Western** ...... 5569 47659 177.519 167408 Minneapolis & St. Louis ................. 125,406 188.235 108.492 179.899 63,000 195.000
New York, Susquehanna and Western* .. 16,701 21,556 d 31,421 d 26.234 Minneapolis, St. Paul & S. S. Maria ..... d 286.846 d 373.927 d 290.509 d 358.459 -
Pittsburgh and ake rie ............. 1,093,120 914,363 841,401 552,290 451,455 354.822 Northern Pacific ........................ 836,152 d 719.486 166,927 d 1.406599 -
Pittsburg and Shauant ............... 41.715 50,300 28,206 38,482 Spokane International ................... 23,959 13,454 11,511 1,915 3,600 -
Pittsburgh and WVet Virginia ......... 113,988 93,129 76.090 55,740 60,237 46,169 Spokane, Portland and Seattle ............ 328,554 457394 64,897 167.548 100,000 25,566
Wabash ............................... 896,809 745,197 648.567 520,160 469,092 382,485 Wisconsin Central. ..................... 299,663 73,291 160,924 d 68.374 -
Central Eastern Reaion Total ....... 12,105,384 9,972,726 4,739,234 2,691,088 4,200,347 3,226294 709.289 709,310 Central Western Begion Total .......... 20,191,448 15,434.679 21,656,285 16,238,528 18,375,636 14,169,094 396,674 396,674
Akron, Canton and Toungstow ......... 72,102 48,693 67,493 40,813 50,521 39,880 Atchison, Topeka and Santa Fe L/ ........ 6,626,178 5,436,341 6,305,655 5,095,257 6.599,000 5.355.000 -
Baltiore and Ohio .................. 3.589,056 3,552.349 1.777.811 1,750,457 611,000 654,000 Chicago, Burlington & Q inc ............ 2,800,043 2,108,691 2,363,608 1.692,462 2.214,300 1,823,300-
Bessemer and lake hre ................. d 07 118,371 d 249.534 109,215 103.209 Chicago, ock Island and Pacific ........ 2501,121 1,916,290 2,305,766 1,620,102 1.582,000 1,083,000 -
Central B. B. Co. of Now Jersey ...... 321,023 377,453 d 7.230 66,895 1,245 900 Colorado and Southern ................... 180,738 109,861 180,448 122,065 150,742 101,081-
Chicago & Eastern Illinois .......... 340,310 376,285 203.510 240,490 68,800 198,500 Colorado & Wyoming ........................49,743 26,777 46,216 24,562 54,400 29,900 -
Chicago & Illinois Midland ........... d 4 409 10,526 d 17.330 2136 900 Denver and Rio rande Western .......... 1,151,521 537590 881911 263,206 880,100 277,400
Chicago, Indianapolis and Louisville 150,502 86,033 83,647 24,172 50,000 27,000 429,642 429,642 Tort Worth and Denver ............... .243.475 296,049 188,856 199,894 152,998 163,844 -
Detroit, Toledo and Ironton .......... 243,492 124,232 229,125 93,880 187,869 85,632 orthwetern Pacific ..................... d 256.118 d 184.421 d 254.631 d 182.317 --
Elgin, Joliet and Eastern ........... 435,306 156,411 420,687 148,440 709,072 300,040 Sacramento Northern ..................... 201,850 d 1.819 137.946 d 64.808 -
Illinois Terminal ................... 28,085 22,049 d 19.649 d 22.787 d 21.300 d 7.100 Southern Pacific Co. Incl. Leased Lines 4,513,053 3.279,220 4,077,299 2,254,236 3.205,306 2,012,111-
Long Island** ........................ d 560.285 d 1.719.090 d 815.720 d 1.955.475 Southern Pacific Transp. System b/ ...... 5,815,138 4,363,503 5,231,920 3,192,477 4,525.519 3,162,132 -
Missouri-Illinoil .................... 104,443 64,191 107,229 66,186 100,200 53,000 Toledo, Peoria & Western ................ 93,271 97.101 89,297 89,452 97.590 97.758 -
Pennsylvania ......................... 5,967,158 5,088.010 1,981.558 1,134,361 904,000 512,000 Union Pacific ........................... 1,542237 1,646,963 4,849,116 5.006,149 3.000,000 3.100,000 -
Pennsylvania-Reading Seashore Lines .. d 462.942 361,460 d 538942 d 438627 62.337 45,489 Utah .................................... 6,118 8.587 6,257 8,738 -
Reading .............................. 1,317.304 1,289,043 980,625 993.436 802,703 681,844 279,647 279,668 Western Pacific ......................... 538,218 157,449 478,541 109.530 49,200 125,700 396.674 396,674
Staten Island Rapid Transit .......... d 75015 d 5949 d 118.901 d 49.632 -
Western Maryland ..................... 872,329 745.579 654.855 487,128 673,900 531,000 Southwestern Region Total ............. 9,314,706 8.688,562 6,307,177 5,661.352 5.845,762 6,321,715 -
Southern District Total ............ 23,307,110 22,515,748 18,695,618 18,237,978 14.524,179 16,636,261 13,244,953 4,884,676 Beaunont, Sour lake & Western" ......... 196,227 59,631 206,216 66,597 146,000 286,000
International-Great Northern* .......... 304,798 301,285 93,254 94,729 37,000 88,000
Pocahontas Region Total ............ 7.521.530 8,221,518 6,349,509 7378,060 4.562.453 6,088,516 6,030,386 kansas City Southern .................... 732,079 699,120 582,306 552.489 788,000 660,000
lansas, Oklahoma & Glf ................. 121,616 127,791 113,620 119,454 113,335 145,608
Atlantic and Danville ................ 11,664 13526 2,903 4,456 667 Louisiana Arkansas ....................... 405,234 365.953 365,178 334835 315,000 372,000
Chesapeake and Ohio .................. 4,791,025 4,477,228 3,760,492 3,595,487 2,130,000 2,380,000 6,030.386 Midland Valley .......................... 12.780 5,840 29.607 23,840 1,000 2,000
Norfolk and western .................. 1,763,800 2,248,297 1,771.695 2,271.655 1,550,000 .2,600,000 Missouri-ansas-Texas .................. 676,211 615,270 412,601 357.797 287.000 272,000
Richmond, Fredericksburg and Potomac 340,986 320.103 349,236 324,758 397.747 456,000 Missouri Pacific** ..................... 1.985,669 2.584,463 713,628 1,290,603 150,000 750,000
Virginian ............................ 614.055 1.162.364 465.183 1,181,704 484,039 652.516 Iew Orleans, Texas & Mexico** ........... 220.481 148,506 16,805 d 70.021 12,000 -
kllahoaa City-Ada-Atoka .................. 3.275 8,780 4,189 9,082 4,189 11,101 -
Southern Reion Total .............. 15.785.580 14,294.230 12,346,109 10.859.918 9,961,726 10,547,745 7.214.567 4,884,676 St. Louis, Brownsville and Mexico** ..... 130.175 161.573 71,610 105.995 50,000 83,000 -
St. Louis-San Francisco ................. 1,199.671 865.739 796,071 462.033 652,000 557.500 -
Alabama Great Southern ............... 191,190 77,575 171.919 57,482 150,000 80,000 St. Louis, San Francisco and Texas ...... 21.969 106,777 21,778 106.017 12.000 d 45000 -
Atlanta & Saint Andrews Bay .......... 58,911 55.900 60,044 56,774 91.727 78,902 2,400,000 St. Louis Southwestern .................. 909,649 788,191 861,696 722,917 1,149,725 1,420,385 -
Atlanta and West Point ............... 13,754 30,431 22,784 40,362 8,921 38,982 San Antonio, Uvalde & Gulf* ............ d 59.851 55,983 d 78.494 39,540 -
Atlantic Coast Line .................. 1,146,630 1,609,190 1,850,701 2.396,958 725,000 2,100,000 1,029,284 1,029,284 Texas and Noe Orleans ................... 1302,085 1,084,283 1,144,620 928,241 1,320,213 1,150,021
Central of Georgia ..................... 335.208 231.775 233,590 133.968 144,391 133,674 -- Texa and Northern ..................... 31.758 14.015 31.733 13.806 21,300 19,100
Charleston & Western Carolina ........ 84,178 58.333 49,551 25.595 45,000 20,000 Texas and Pacific ....................... 1.075.856 671,464 884,401 487,066 747,000 533.000
Cincinnati, New Orleans & TexasPacific 561.322 483,960 421,035 347.829 455,000 40,000 10,223 10,223 Texas Mexican ........................... 45,024 23898 36.358 16332 40,000 17.000 -


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


/ Includes Atchison, Topeka & Santa Te By., Gulf, Colorado & Santa e BRy., and Panhandle & Santa e By.
b/ Data not included in totals. Includes Southern Pacific Company, Texas and lew Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE:1953 0 200327








subject to revision
u bi i je ct to rev ,5io nfl p t' ^ -J^

/


3IIIVERSITY OF FLORI02 A


ll6lllll 12ll 08851 2925l
3 1262 08851 2925


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


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
FEBRUARY 1953






4


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION i

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

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952


Net railway operating income ......................
Other income ........................ .. ...........
Total Income ...................... .......

Miscellaneous deductions from income ..............
Income available for fixed chnares ...........
Fixed charges:
6-01. Rent for leased roads and equpent.......
6-02. Interest deductions 1/ ....................
6-03. Amortization of discount on funded debt ...
6-04. Total fixed charges ..................
Income after fixed cherpea ...................
Other Deductions ..................................
Net Income .................................

Depreciation (Way and structures and Equiomcnt) ...
Federal Income taxes ..............................

Dividend approorlatlone:
12-01. On common stock ..........................
12-02. On referred 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 / ....................
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) ...
Federal income taxes ..............................

Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock .......................
Ratio of Income to fixed charges (Item 5+6-04)


Selected Expenditure and Asset Items


17. Expenditures gross1 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
2R. 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)


$77 799 925
18 078 2 57
95 878 182

3 618 626
92 059 556

6 106 2 59
26 982 976
226 210
33315445
58 744 111
2 800 627
55 943 484

40 592 924
44 393 072

25 101 575
18 693 363

2.76


$75 951 620
16087475
92 039 095

4 334 922
87 704 173

6 480 898
26 300 777
258 699
33 040 374
54 663 799
2 910 608
51 753 191

38 858 314
52 445157

28196 207
16 419 143

2.65


9157 874 872
36 311294
194 186 166

8 187 947
185 998 219

12 345 673
54 026 535
465 030
66 837 238
119 160 981
5622967
113 538 014

81469 377
93 204 302

38 779 943
26 134 255

2.78


$142130 416
33898065
176 028 481

8 804 378
167 224 103

13 031373
52 507825
489 461
66 028 659
101195 444
5 839 983
95 355 461

77 772 588
98762472

33 665 913
23 505 801

2.53


$26 83 674
6 098 014
32 681688

1 016 462
31 665 226

5 144 990
11 697 202
66 94 8
16 909 140
14 756 086
1428 884
133 27 202
15 046 4 35
7 877 625

1074 380
1697 698

1.87


$24 231 418
5 865 390
30 096 80 8

1 043 101
29 053 707

5 452 882
11 259 961
72 866
16 785 709
12 267 998
1 393 831
10 874167

14 192 747
9 705 428

640 680
517 521

1.73


$52 535 874
12 347 684
64 883 558

2 253 358
62 630 200

10431636
23 387 849
141160
33 960 645
28 669 555
2 876 435
25 793 120

30 409 424
17 182 207

2 452 279
4 552 500

1.84


$46 429 058
12101724
58 530782

2 335 202
56 195 580
10 967 012
22443141
141 836
33 551 989
22 643 591
2 833 7 57
19 809 834

28 616 928
18 380 954

2018335
3 372 319

1.67


*** LASlkith IM
iRIS d


INCLUDING
PCAUHONTAS DE(rTION


SOUTHERN REGION


$5 528 026
562 531
6 090 b57
488 277
5 602 280

6633
1 401 631
13 781
1422 045
4 180 2 3 5
8693
4171 542

3 040 552
2 244 512

5 001 237


3.94


$7 985 634
616 496
8 602 130
447 557
8 154 573

6220
1 333 893
14 544
1 354 657
6 799 916
8740
6 791176
2 900 562
5875489

10 864 059
154 550

6.02


$13 049 556
1 303 259
14 352 815

988 728
13 364 087

15 266
2 781353
29 031
2825650
10 538 437
17 386
10 521051

6 148 17
6 806 965

10879764
151 859

4.73


WESTERN DISTRICT


Ay


1953


$16 207152
1 611 096
17 818 248

930 406
16 887 842

14 689
2 659 280
27158
2 701127
14186 715
17479
14169 236

5 796 3 59
11964 005

10864 059
154 5 50

6.25


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

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952


$32 111 700
6660545
38 772 245

1 504 739
37 267 506

5151623
13 098 833
80 729
18 331 185
18 936 321
1 437 577
17 498 744

18 086 987
10 122 137

6 075 61
1697698
2.03


I---L I 1 t I I I t I 1


217 052
481 886
698 938

490 658
208 280

459 102
593 854
87 410
140 366
067 914
402 571
665 343

093 309
580 917


11504 739
672 071
2.05


UNITED STATES

Balance at the end of February


$65 585 430
13650943
79 236 373

3 242 086
75 994 287

10446902
26 169 202
170 191
36 786 295
39 207 992
2 893 821
36 314 171
36 557 601
23 989172

13 332 043
4 704 359
2.07


$62 636 210
13 712 820
76 349 030

3 265 608
73 083 422

10 981 701
25 102 421
168 994
36 253116
36 830 306
2 851 236
33 979 070

34 413 287
30 344 9 59

12 882 394
3 526 869
2.02


$15 619 695
1500608
17120 303

672 776
16 447 527

785 087
3 979 212
27 838
4 792 137
11 655 390
241673
11 413 717

5 631 715
10 023 336

2 463 468
718 818
3.43


$13 877 093
1 649 970
15 527 063

886 698
14 640 365

766 299
3 8630 937
34 722
4 631958
10 008 407
330 900
9 677 507

5 532 457
11 585 553

1037 983
10 222
3.16


Selected Liability Items


$31405 275
3983367
35 388 642

1 534987
33853655

1559 894
7 995 666
54919
9 610 479
24 243176
483 350
23 759 826

11625 524
19 985 062

8 488 736
1908 117
3.52


$28 171 323
4 058 062
32 229 385

1 756 3 54
30 473 031

1536 034
7 676 223
65 322
9277579
21195 452
658 027
20537425

11 042 164
22133 298

4733 360
1199 521
3.28


UNITED STATES

Balance at the end of February
1953 1 1952


I ~ ~~~ I ____


$49,374,822
136,404,199
463,619,448
84,157,328


1,001,629,703
1,063,008,994
93,736,390
1,091,933
58,632,290
178,933,601
376,373,806
850,266,969
18,406,888
208,286.564
41,913,669


$49,096,746

187,571,417
476,821,465
88,239,456


897,724,946
908,137,454
71,535,264
1,387,493
57,362,531
167,827,354
472,157,956
930,983,532
16,975,677
221,102,132
36,550,616


3,892.280,807 3,781,744,955


I0. Funded debt maturing within 6 months 2/


Loans and bills payable 3/
Traffic and car-service balances-Cr
Audited accounts and .ages 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 1)


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


e<1 o68 ,< 1 Q


2,437,972
117,844,202
540,709,577
203,269,361
29,926,599
10,425,259
96,843,984
65,382,013
219,267,284
1,011,945,084
98,482,604
2.39q6.33 939


841,528,204
170,416,880
252,958,224


elr oe -aR8


2,930,000
105,608,701
532,335,434
192,422,572
29,702, 413
12,163,637
96,783,466
58,751,185
275,639,988
977,386,585
88,894,277
2.372.618.258


819,044,330
158,342,255
286,605,656


$30 068 530
9 917104
39 985 634

1 641 11
38 344 523

169 549
9 904 931
117 643
10192123
28152 400
1 121 377
27 031 023
16 674 222
24 247 599

16562490
16 476 847
3.76


$29 857 475
7 955 619
37 813 094

1 957 566
35 855 528

255497
9 875 986
136 567
10 268 050
25 587 478
1 177 137
24 410 341

16 232 548
25 278 687

15 653 485
15 736 850
3.49


$60884167
18 676 984
79 561151

3 410 874
76 150 277

338 877
19 861 667
239 920
20440464
55 709 813
2 245 796
53 464 017

33 286 252
49 230 068

16 959 164
19 521779
3.73


$51322 883
16127183
67 450 066

35 782 416
63 6676 50

513 638
19 729 181
255 145
20497964
43169 686
2 330 720
40 838 966

32 317 137
46 284 215

16 050 159
18 779 411
3.11


ANALYSIS OF NET INCOE--ALL CLASS I RAILWAYS *


Period


Reports showing
Net Income


Number Amount


Reports showing
Net Deficit


Number Amount


February ... 1953 98 $61,326,635 24 $5,383,151
February ... 1952 103 56,800,524 19 5,047,333
2 months ... 1953 99 123,141,440 23 9,603,h26
2 months ... 1952 100 109,543,310 21 14,187,849


Excludes 4 roads hose net income (or deficit) was
absorbed by the controlling company. The two months
of 1952 also excludes 1 road which reported no net
income for this month.


* _I_1 11


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.
r/ Includes obligations which mature not more than one year after
date of issue.


UJNIV. OF FL IB~"




ii
:i 'Y'iiiiT

;'^.?^epcwoiv


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


I


-- ~I---~-_- ~~`-~-~~~- ~ --


I


, ,


i - i 4 v 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 Il0ITES EYDED T2BRUARY 1953 A4:D 1952


pce ?


NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND NET RAILWAY OPERATING FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONS INCOME TAXES APPROPRIATIONS
Region and railway _______ Region and railway

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 195?

United States Total ................. $157.874.872 $142.130,416 $113.538,014 $95.355,461 $93,204,302 $98.762,472 $64,914,198 $57,171,714 Southern Region Continued
Eastern District Total .............. 52.535.874 46,429,058 25.793,120 19,809,834 17,182,207 18,380,954 7,004.779 5.390,654 Clinchfield ............................ $1,621,865 $1,742,943 -- $162,910 $161.738
Columbus and Greenville ................ 44,886 19.315 $48.508 $23.732 46,700 16,750 $24,375 $19,500
Eastern District Incl. Pocahonts, Florida East Coast.' ................... 1,155,918 1,347,140 426,380 603,113 470,000 650,000
R on Ttal ........ ......... 65,585.430 62,636,210 36,314,171 33.979.070 23.989.172 30,344.959 18,036,402 16.409,263 Georgia R. R. Lessee Organization .... 210,536 307.675 6- -
Georgia & Florida Railroad. .......... 16,523 14,883 d 4.354 d 141.58 -
New England Region Total ............ 3,309,024 3,061,502 1,070,738 851,950 1,082.388 1,256,848 1,248,020 67,718 Georgia Southern and Florida ............ 150,246 126.778 98,748 76,856 110,000 105,000
Gulf, Mobile and Ohio .................. 1,826,517 1,657,400 1,417,903 1,223,993 1,248,000 1.163,000 1,625,831
Pnngor and Aroostook .................. 534,425 53,002 383,287 343,848 417,779 383,592 47,850 47,850 Illinois Central ....................... 4,521,863 4,184,038 3,183116 2,828,547 3,284,000 3.025,000 2, 76.696 2,1-7.201
ton & Maine ........................ 561,560 340.440 d 78.998 d 287.370 53.078 52,897 Louisville and Nashville ............. 5.189.323 5,282,325 4.622.735 4,832.815 3.377.452 4,072,906 2,3 0,000 2,30.,000
Canadian National Lines in New England d 133.841 d 225.636 d 157.462 d 249.262 Mississippi Central ...................... 42,422 42,534 33,323 31,684 29,051 26.917 60.358 60.358
Canadian Pacific Lines in Maine ....... 299,903 302,680 Nashville, Chattanooga & St. Louis ..... 936.300 880,476 717,337 651,714 533,834 544,071 255,984 191,987
Canadian Pacific Lines in Vermont ..... d 90899 d 166.834 New Orleans and Northeastern ............ 319464 81488 33,430 104884 360000 O 140,000 --
Central Vermont ....................... 79,125 10,531 d 201.829 d 268.965 Norfolk Southern ....................... 30,647 139,136 9.758 130,141 12,000 130,0OO 163,8,0 134,106
Maine Central .......................... 498,067 498.513 313.322 317,.43 285,531 352,359 19,883 19.868 Seaboard Air Line ...................... 4,347,280 3,827.506 3,850,068 3.235,713 2,150,000 2.425,000 -
New York Connecting ................... 210,354 234,284 102,469 111,952 Southern ................................ 6,541,489 4,406.255 4.790,249 2,607,754 4,549,000 3,475,000
New York, New Haven and Hartford ...... 1,349.715 1,601,619 713.792 871,249 326,000 468,000 1,180,287 Tennessee Central ...................... 106,518 74,420 62,782 32,554 d 6698 -
Rutland ............................... 615 12,903 d 3.83 12,955 -- Western By. of Alabama ................. 85,354 46,930 84,397 49,909 55825 51,264 -
Great Lakes Region Total ............. 25,503,926 22,315,160 15,248,832 12,304,033 8,442,278 10,099,793 4,520,441 4,097,981 Western District Total ............... 60.884,167 51.322,883 53,464.017 40,838,966 49,230,068 46,284,215 36,480,943 34,829,570

Ann Arbor .......................... 172,618 167.559 142009 135025 82,056 96.293 Northwestern Rein Total ............ 2.456.813d 936.74 d 2.202.24 d67 0 1,814,234 1.530.799 13.743.14 13.719.795
Cambria and Indiana ..................... 1 44,997 117,770 140,909 118,104 96,039 127,039--.8____2.-2__
Delaware and Hudson ................... 1,459,395 1,030,228 1,128,760 783,767 220,000 541,000 Chicago and North Western .............. 429,068 d 112.019 d 376.431 d 10.943 2,970,185 2,330.453
Delaware, Lackawanna and Western ...... 1,544,668 1,563,606 798,214 734,785 383,977 468,781 844,412 422,206 Chicago Great Western .................. 174,160 635.943 18,444 465,079 14-3000 30,000 -
Detroit and Mackinac .................. 61,142 25,882 58,204 18,353 46,077 13,149 Chicago, Milwaukee, St. Paul and Pacific 2,749,670 1,946,500 1,578,321 696,947 1,093,000 657.000 5,593.255 5,492.895
Detroit and Toledo Shore Line ......... 272,163 208,242 260,999 195,845 243,945 180,311 40,000 40,000 Chicago, Saint Paul, Minneapolis & anaha d 155.569 d 228,502 d 559,246 624587 -
Erie .................................. 3,223,789 3,338,720 2,065,130 2,237,118 1,411,105 1.819,787 2,014,410 2,014,410 Duluth, Missabe.and Iron Range ......... d 3.265.748 d 3 593727d 3.356.080 d 3.647,699
Grand Trunk Western ................... 907,371 509,178 272,520 d 70.347 -- Duluth, South Shore and Atlantic ....... 59,644 35.893 14,671 -
Lehigh and Hudson River .............. 59,477 74,006 59,396 74.231 39.016 34,723 -- Duluth, Winnipeg and Pacific ........... d 69,344 252.814 d 140070 180,030 -
Lehigh and New England ............... 186,956 199,227 159,886 166,599 103.015 132,902 -- Great Northern ......................... 332,892 d 886 08 594,839 d 1 782306 3,044.932 3042,561
Lehigh Valley ........................ 1.518,643 2,012,634 810602 1,330,821 276,400 1,060600 Green Bay & Western .................... 91,369 64,122 111,446 59,767 98,073 80,003 125,000 125,000
Monongahela ........................... 717 74,936 d 74,678 3,353 56,867 -- Lake Superior & Ishpeming .............. d 24.264 d 235.745 d 239.833 d 231463 d 972- -
Montour ............................... 99.982 77,935 93,193 73,904 71.987 49,213 -- Minneapolis & St. Louis ................ 266,378 279,545 281,415 310,705 196.235 318,230 150,000 150,000
New York Central ...................... 8,177,36 5,405.701 3.785,075 1,184,214 667,932 606,725 -- Minneapolls, St. Paul & S. S. Marle .... d 6661309 d 526383 d 669,925 50248 298 719,104
New York, Chicago end St. Louis ....... 3,477.791 3,544,031 2.732,445 2,886,596 2,831,500 2,812,700 1,469,119 1,468,865 Northern Pacific ....................... 1,482,320 195,918 114,649 d 1,11c 1,859,782 1,859,782
New York, Ontario and Western.. ....... d_ 2 ,, 946 d 92,37 d 340.350 33.632 Spokane International ..................... 70.073 27,920 45,367 5,074 34,600 -
New York, Susquehanna and Western ... 31733 75.336 d 6624 Spoane. Portland and Seattle .......... 825,303 907759 285586 318,711 250.000 145,.66
Pittsburgh and Lake Ere ........... 2,045680 1,812, 1596526 1,168,24 807104 787,259 conin Centr l1a ................ ...... 377,170 299,573 2 3, 318,L27 -2.66
Pittsburg and Shawmut ................. 79,468 107,407 52.345 83,862- -
Pittsburgh and West Virginia .......... 236,144 206771 158,269 129,908 126,885 113185 152,500 152.500 Central Wetern Region Totl ......... 369296 3852,887 3,057.598 36.436,063 .68163 31.832632 1678.94 12
Wabash ................................ 1,898,828 1,856,025 1,15620 1,40681 135240 1,199.259 .....,163... 31.832632 1670394
Atchison, Topeka and Santa ie j/ ....... 13,250,019 11,602,182 12,452,?91 10,715,9 0 12,L29,0CO 11,140,000
Central Eastern Region Total ........ 23,722,924 21,052,396 9,473,550 6.653.851 7,657,541 7.024,313 1,236.318 1,224.955 Chicago. -urlington & Quincy ............. 5.313,028 4.776,675 4,486,816 3.968,020 4,170,600 3,918,400
Chicago, Rock Island and Pacific ....... 4,845,218 3,874,o90 4,450,612 3,358.325 3.014,000 2,275,000
Akron, Canton and Youngstown .......... 155,544 111,353 141,554 95,361 111.611 73,226 107.,23 95,939 Colorado and Southern .................. 323,237 253,092 321,838 270,916 269.083 248,742
Bcltimore and Ohio .................... 6,874,927 7,030,463 3,398,173 3,485,570 1,053,020 1,261,000 Colorado & Wyoming ..................... 107.727 59,408 100,274 52,553 120,400 65,900 -
Bessemer and Lake Erie ................. d 35.3 231,378 d 69.96 209,422 185.335 Denver and Rio Grande Western .......... 2,291,684 1,532,352 1,762.241 953,560 1,755,000 1.027.255 1,978,242 1978,242
Central R. B. Co. of New Jersey ....... 506.788 761.412 d 73.002 298,732 2,.34 29,800 -Fort Worth and Denver .................. 547,464 636,185 405,098 437,998 347.122 391,998 --
Chicago & Eastern Illinois ............ 654,270 769,330 379.572 504,015 109.400 423,600- Northwestern Pacific ................... d 203.337 d 197.521 d 199,927 d 193.403 -
Chicago & Illinois Midland ............ 39,962 16,879 16,739 1,910 8.585 900 Sacramento Northern Railway ........... 439.350 117,593 311,854 d 12360 -
Chicago, Indianepolis and Louisville .. 315,063 246,843 181,784 118,892 116,000 130,000 429,642 429,6L2 Southern Pacific Co., Incl. Leased Lines 8,130,260 7,268,561 8,197,968 6,152,064 6,126,739 4,799,721 6.785,341 5.376,519
Detroit, Toledo and Ironton ........... 451,349 419,853 408,211 358,972 326,442 357,122 Southern Pacific Transp. aytem b/ ..... 10,727,272 9.528,157 10,482,986 8,102.501 8,725,185 7,169,347 6,785,341 5,376.519
Elgin, Joliet and Eastern ............. 790,547 366,274 754,669 346,434 1,232.154 661,510 Toledo, Peoria & Western ............... 192,479 176,069 185.554 167,920 202,719 183,616 -
Illinois Terminal ...................... 114,752 86,864 19,053 d 3.561 11.000 27,810 Union Pacific Incl. Leased Lines ....... 3,253,845 4,178,834 9,505,401 10,134,813 6,200,000 7.300,000 7,548,137 7,548,137
Long Island" ......................... d 918.233 d 2.220.524 d 1.440,689 2.703.810 Utah ................................... d 24210 3,824 d 24111 4,100 -
Miscouri-Illinois ..................... 166,674 147,211 172,254 151,141 188,000 104,500 Western Pacific ........................ 1,225,732 571,043 1.101,689 425,627 1,046,500 82,000 396,674 396,674
Pennsylvania ......................... 11,495,165 9,676,365 3,847.565 1,769,068 1,985,000 1,023,000 -
Pennsylvania-Reading Seashore Lines ... d 851.227 d 728.306 d .003.227 d 882.639 124,674 90,977-
Reading .............................. 2,480,116 2,587.205 1,787,920 1,949,380 1,301,421 1,559,533 699,353 699.37L Southwestern Region Total ............ 18,73:,858 17,406,470 12,608,843 11,1?'.353 11,734,671 12,920,784 6,029,395 5,810,203
Staten Island Rapid Transit ........... d 113.062 d 18.635 d 201831 d 105,405 -
Western Maryland ...................... 1,595,633 1,568,431 1,154,711 1,060,369 1,087,700 1,096,000 Beaumont, Sour Lake & Westerna" ........ 338,794 234,814 359,943 249,311 220,000 466,000
International-Great Northern* ......... 560,229 552,816 136,438 138,227 17,000 8,000 -
Pocahontas Region Total ............. 13,049,556 16,207.152 10.521,051 14,169,236 6,806.965 11,964,005 11,031,623 11,018,60? Kansas City Southern ................... 1,509,796 1,356,088 1,215,603 1,056,391 1,478,000 1,350,000 846,999 846,999
Kansas, Oklahoma & ulf ................ 256,023 250,376 237,286 231,361 236,716 281,993 -
Atlantic and Danville ................ 21,640 29,253 4,193 11,426 1,334 Louisiana & Arkansas ................... 875,840 723,360 787,898 618,750 624,500 599,000
Chesapeake and Ohio .................... 8,317,752 8,823,663 6,103,402 6,919,945 2,680,000 4.505,000 6,030,386 6,017,372 Midland Valley ........................... 25,857 d 95 30,089 6,026 2,000 4,000 -
Norfolk and Western ................... 2,968,875 4.674,151 2,965,114 4,683,428 2525,000 5,200,000 4,219,449 4,219,449 Missouri-Kansas-Texas .................. 1,603,321 1,551,798 1.093.133 1,022,114 891,000 86,00 -
Richmond, Fredericksburg and Potomac .. 576,866 662,370 592,501 672,521 712,7'47 907,000 Misouri Pacific ..................... 4,185,806 4,79o,473 1,570,440 2,150,137 450,000 1.450,000
Virginian ............................. 1,164,423 2,017,715 855,841 1,881.916 887,884 1,352,005 781,788 781.789 New Orleans, Texas & Mexico' .......... 406,246 459,284 d 11.153 26,277 -50,000
Oklahoma City-Ada-Atoka ................ 4,819 19,051 5,653 18,719 5,653 22.878
Southern Region Total ............... 31,405,275 28,171,323 23,759,826 20,537,425 19.985,062 22.133,298 10,396,853 5,932,881 St. Loi, Prownsville and Mexico* .... 3'4,789 233,152 230,492 124,779 147,000 244,000 -
St. Louis-San Francisco ................1,973,42 1,796.257 1,167,089 988,768 803,741 988,400 5,188,211 3,969,019
Alabama Great Southern ................ 411,549 177,390 370,373 139,281 320,000 190,000 St. Louis, San Francisco and Texas ..... 96,7i7 196,407 95.899 194.565 128,000 d 1633 -
Atlanta & Saint Andrews Bay ......... 105,122 107,143 107,877 109,529 167,896 154,882 2,400,000 St. Louis Southwestern ................... 1,896,025 1,634,113 1,806.730 1,498,633 2.708,315 2.884,421 994,185 994,185
Atlanta and West Point ............... 35,362 68,299 47,110 81,272 20,001 78,096 San Antonio, Uvalde & Gulf* ........... d 135.173 d 65.750 d 170.239 d .2 -
Atlantic Coast Line ................... 1,733,081 2,221,288 2,275,492 3,024.573 1,800,000 4,600,000 1,029,284 1,029,284 Texas end Ne Orleans .................. 2,597,013 2,259,596 2,265,018 1,930,476 2,598,a46 2,369,626
Central of Georgia .................... 626,990 450,788 428,404 258,587 255,091 228,674 Texas end Northern .................... 58,508 36,411 58.362 36,018 56,300 48,800
Charleston & Western Carolina ......... 165,938 127,944 97.044 61,268 80,000 45,000 Texas and Pacific ...................... 2,056.981 1,340,835 1,671,059 966,52h 1,303,000 1,156,000
Cincinnati, New Orleans & Texas Pacific 1,180,082 837,229 899,146 571,092 960,000 850,000 20,445 20,445 Texas Mexican ........................ .. 79.835 35,484 59,103 17,142 65,000 18,000
--- -- ---------


Saeport or receiver or recolvera.
5' Report of trustee or trustees.
d Deficit or other reverse item.


a Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa e aBy., and Panhandle & Santa e RBy.
bj Data not included in totals. Includes Southern Pacific Company, Toxas and New Orleans R. R. Ce.. and leased lines.

U. S. GOVERNMENT PRINTING OFFICE:1953 O 200327








Subject to revision


UNIVERSITY OF FLORIDA


3 1262 08851 3089


Statement No. M-125
MARCH1953


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
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNIV. OF FL LIB.



U.S. DUENT DEPT


U.S. DEPOelTORY


UNITED STATES EASTERN DISTRICT NT/.S REGION
Income Items For the month of March For the three months of For the month of March For the three months of For th E h / For the three months of

1953 1952 1953 1952 1953 1952 1953 1952 19 1952 1953 1952

1. Net railway operating income ...................... $93 569 679 $76 764002 $51 457 551 218894 420 $30 951 536 $24 824 194 $83500 211 $71253252 $'6 50 $7 9 66 433 806$24 107716
2. Other income ...................................... 18966536 16718 425 55 277 632 50 616 486 6 209 004 5 808 63 18 556 688 17 910 362 77 7 7 7 7 731936 2 190 674
3. Total income ................................. 112536 215 93 482 427 306 735 383 209 510 908 37160 340 30 632 832 102 056 899 &9 163 614 6 e- 27 40 344 2 165 742 26 358 592
4. Miscellaneous deductions from Income ................. 4 109 992 4 057 E 38 12297938 12 861917 1 2295 8867 1 082 535 3 479245 3417737 4 4341 42160 16455
5. Income available for fixed charges ........... 108 426223 89 424 8 294437445 256648 991 35 934453 29 550297 98577 654 85745877 6 3 5 8 106 21 743 582 24 994 057
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 6271443 6559139 18617115 19590512 5208401 5402640 15640036 16369655 7 2171721166
6-02. Interest deductions 1/ .................... 27 125 721 26 390401 81 152 258 78898225 11 785 999 11 322 821 35173848 33765961 1 394 I 4 175441 3993771
6-03. Amortization of discount on funded debt ... 250340 245 745 715 370 7355206 79 727 76 646 220 888 218 482 13 9 I 2 42 999 38 39C
6-04. Total fixed charges .................. 33647504 33 195 285 100484743 99223943 17074 127 16 802 107 51034772 50354096 1 414 5 0 4 240157 4053327
7. Income after fixed ch>rres ................... 74 778 719 56 229 604 193 952 702 157425 046 18 860 326 12 748 190 47 542 882 35 391781 4 964 986 4 0 15 15 503 425 20 94073C
8. Other Deductionse .................................. 2 782 051 2 6894 17 8 405 018 8 734 600 1 423 329 1 396 885 4 299 764 4 230642 8 693 8 739 26 079 26 218
9. Net income ................................... 71996 668 53 334 987 185 547 684 148 690448 17 436 997 11 351 305 43 243118 31161139 4 956 295 6 745 276 15 477 346 20 914 512
10. Depreciation (Way and structures and Equimeont) ... 41019619 39698725 122488996 117471312 15650638 14849746 46060 062 43466673 3052869 2 972283 9201046 8768642
11. Federal Income taxes .............................. 57316964 55378857 150508286 154141329 10175838 11533628 27 345045 29914582 3151 330 5691749 9958295 17655754
12 Dividend approoriations:
12-01. On common stock .......................... 27 898 116 18 745 474 66678 059 52411387 12 225 569 7 533 810 14 677 848 9 552 145 315 237 206 686 11195001 11 070747
12-02. On preferred stock ...................... 4 508 164 3 720 306 30 642 419 27 226 107 2 316 445 1 549 623 6868 945 4921942 151859 154 5 5C
Ratio of income to fixed charges (Item 5-6-04) 3.22 2.69 2.93 2.59 2.10 1.76 1.93 1.70 4.51 5.99 4.66 6.17

EASTERN 5ISTRCT II
INCLUDING SOUTHERN REGION WESTERN 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

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating Income ...................... $37335 586 832 784 760 8102 934 017 $95420970 $186 34 862 $16 163453 $50 240137 $44 334776 $37 599 231 $27 815 789 $98 283 397 $79 138674
2. Other income ....................................... 6 637681 6 388 416 20 288 624 20101 236 1 721 762 1 697 554 5 705 129 5 755 616 10607 093 8 632 455 29 284 079 24 759 636
3. Total income ................................. 43 973 267 39 173 176 123222 641 115 522 206 20 556 624 17 861 007 55 945 266 50 090 392 48 006 324 36 448 244 127 567 476 103 898 310
4. Miscellaneous deductions from Income .............. 1659319 1516664 4901405 4762272 656205 760995 2191192 2517349 1794468 177987 c 5205341 556229G
5. Income available for fixed charges ............ 42313948 37656 512 118 321236 110739934 19 900419 17 100012 53754074 47573043 46211 856 34 668305 122 362135 98 336 014
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 5214852 5409117 15661753 16390819 882222 676563 2442116 2412597 174369 273459 513246 787096
6-02. Interest deductions I/ .................... 13180087 12 657 312 39 349 289 37759732 4 025 322 3 868 296 12020988 11 544519 9 920 312 9 864 793 29 781961 29 593 974
6-03. Amortization of discount on funded debt ... 93 695 87878 2636887 256 872 27 753 30 453 82 672 95 775 128 892 127 414 368 811 382 559
6-04 Total fixed charges .................. 18488 634 18 154307 55 274929 54407423 4 935 297 4 775 312 14 545776 14 052 891 10 223 573' 10 265 66 30664038 30763 629
7. Income after fixed charges .................... 23 625 314 19 502 205 63046307 56 332 511 14 965 122 12 324 700 39 208 298 33 520152 35 988283 24 402 699 91 698 097 67 572 385
8. Other Deductions ................................... 1 432 022 1 405 624 4 325 843 4 256 860 241 652 330 575 725 002 988602 1 108 377 1 158 418 3 354 173 3489 138
9. Net income ................................... 22 395292 18 096 581 58 720464 52 07 5651 14 723 470 11 994 125 38 483 296 32 531550 34 879 906 23 244 261 88 343 944 54 083 247
10. Depreciation (Way and structures and Equipment) ... 18 703 507 17 822029 55261108 52235315 5575 305 5 602 717 17200829 16644881 16 740807 16 273979 50027059 48591116
11. Federal income taxes ............................... 13 327 168 17 225 377 37303 340 47 570336 13055 119 13 319 602 23040 181. 35452 900 30 934 697 24 833 876 80164765 71118 093
12. Dividend appropriations:
12-01. On common stock ........................... 12 540 8C6 7740498 25872 849 20622 892 1 445 835 1 086 500 9934 571 5 819 860 13 911 475 9 91P 476 30870 639 25 968635
12-02. On preferred stock ....................... 2 316 445 1 549 623 7 020 804 5 076492 14 108 764 108 1922 225 1963629 2 177 611 1 400 O575 21699 390 20185 986
Ratio of income to fixed charges (Item 5.6-04) 2.29 2.07 2.14 2.04 4.03 3.58 3.70 3.39 4.52 3.38 3.99 3.20


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Selected Liability Items hANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *
Balance at the end of March Balance at the end of March
1953 1952 1953 1952
ReportS showing Reports showing
17. Expenditures (gross for additions and betterments- 7937637 75984,682 40. Funded debt maturing within 6 months 2/ $158,993,357 $179,414,867 Period Net Income Net Deficit
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable/ 1,366,667 2,911,591 Number Amount Number Amount
Equipment 220,209,700 271,189,412 42. Traffic and car-service balances-Cr. 98,245,685 90,106,225
19. Investments in stocks, bonds.etc., other than those 4632 4-Audited accounts and wages payable 506,872,095 509,335,156 March. 1953 104 $76,766,414 18 64.769,746
of affiliated companies (Total. Account 707) 463,562,333 476,726,882 Miscellaneous accounts payable 208,289,594 200,970,558 March ......1952 102 61,495,399 19 8,160,412
20. Other unadjusted debits 83,450,513 86,266,656 4Z Interest matured unpaid 61,843,857 600866,753 3 months 1953 102 199,521,251 20 13,973.567
i Dividends matured unpaid 21,581,613 20,963,692 3 months .. 1952 99 169,161,015 22 20,470,567
21. Cash 872,781,125 816,490,751 47 Unmatured interest accrued 78,451,570 77,446,554 0'06
22. Temporary cash investments 946,763,352 810,362,030 g. Unmatured dividends declared 34,361,987 26,948,034
23. Special deposits. .. 121,049,621 83,700,588 49. Accrued accounts payable 242,737,572 279 342,904
24. Loans and bills receivable.. .... ......... 1,251,358 1,435,062 50 Taxes accrued.. 836,356,664 833,381,700
22. Traffic and car-service balances-Dr. 68,113,918 60,603,218 51. Other current liabilities 114,185,525 93,332,025road whose et i (or deficit) was
2 Net balance receivable from agents and conductors 170,113,298 161,063,182nt liabilities 185.525 93,332,025 4 road who nt ncome (or t)
27. Miscellaneous accounts receivable 374,182,742 469,189,819 52. Total current liabilities (items 41 to 51) 2,204,292,829 2,195,605,192 absorbed by the controlling company. The month of
28. Materials and supplies ........ 853,467,177 936,497,874 arh 1952 and the three months of 1952 also exoldaes
29. Interest and dividends receivable .. ... 16,469,719 15,481,325 53. Analysis of taxes accrued: 1 road which reported no not income for this month.
30. Accrued accounts receivable 212,232,165 217,526,642 53-01. U. S Government taxes ............. 656,118,900 667,265,432
31. Other current assets 38,093,221 35,117,268 53-02. Other than U. S. Government taxes........ 180,237,764 166,116,268
32. Total current assets (items 21 to 31) 3,674.517,696 3,607,467,759 54. Other unadjusted credits.....- .............. 254,490,958 275,845,881


d Decrease, deficit, or other reverse item.
I/ 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/ Inoludea obligations which mature not more than one year after
date of issue.


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS










INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR M TRERm MONTE! ENDED HUaE 1953 AMD 1952


NIT RAILWAY OPERATING NIT INCOME FEDERAL INCOME DIVIDEND NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAI S APPROPRIATIONS INCOME TAXES APPROPRIATIONS


1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952


pited gates Total ................. $251.457.551 $218,894,420 $185.547,684 $148,690,448 $150.508,286 $154.141.329


$97,320,478 $79,637,494 Southern Region Continued


eastern District Total .............. .83,500,211 71.253,252 43.243,118 31,161,139 27.345.045 29,914,582 21.546,793 14,474,.087

Bastern District Incl. Pocahontas
Region Total ..................... 102.934,017 95.420,970 58,720,464 52,075.651 37.303.340 47.570.336 32,893.653 25.699.384

New England Region Total ............ 5,422.560 5.277,198 1,927,846 1,841.965 1.945,073 2,235.974 1,248.,020 67.718

Bangor and Aroostook ................... 818,576 764,488 586.042 606,691 553.589 616,050 47,850 47,850
Boston & Maine ....................... 1,091,836 836,179 125,442 d 107.467 303,655 277,335 -
Canadian National Lines in New England d 316,575 d 288.910 d 352.525 d 324.620 -
Canadian Pacific Lines in Maine ....... 569,657 537.895 -
Canadian Pacific Lines in Vermont ..... d 178.580 d 210.336 -
Central Vermont ....................... 150,501 56,662 d 269.852 d 360.772 -
Maine Central ......................... 762,665 855,814 475,172 583,062 455,829 649,589 19,883 19,868
New York Connecting ................... 334,794 327,868 169,773 136,153 -
New York, New Haven and Hartford ...... 2,190,003 2,381,962 1,200,853 1,292,127 632,000 693,000 1,180,287
Rutland ...............................d 317 15,576 d 7.059 16,791 --


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

Ann Arbor .............................
Cambria and Indiana ...................
Delaware and Hudson ...................
Delaware, Lackawanna and Western ......
Detroit and Mackinac ..................
Detroit and Toledo Shore Line .........
Zrie ..................................
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 Zrie ..............
Pittsburg and Shawmat .................
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 .......
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 ......................


61 933 818 13 455 411


7 366 ono6


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


5 648 071 wester Dist l


$2,273,180
68,147
1,781,185
373,543
54,695
227,522
3,052,028
6,860,613
8,623,434
78.578
1,553,102
522,175
108,260
6.548,938
10,528,666
168,447
140,902


$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


571,766
668,469

d 187.073
153,764
2,383,968
4,894,127
7.889,720
64,150
1,220,639
542,221
77,908
5.805,182
7.928,747
103,530
136,517


$42,678
934,750

d 193.769
127,686
1,892,088
4,656,017
6,745,543
49,120
1,001.754
343.526
210,460
5,056,994
4,564,783
1,826
87,405


$244,365
75,700
730,000

190,000
2,129,000
5,049,000
5,910,628
64,516
971,091
600,000
102,000
3,250,000
7,476.000
d 6.698
94,262


$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


. 1 .- -1 .I I 4 i*


O8.283.397


97 138 674 88 343 924


6 4.083.247


80.164 .765


$24,375



1,625,831
2,476,696
2,340,000
60,358
255.984

163,880
1.445,835


17 118 093 52 570 029


, 7 .5 3 .
1
,
1


222,393
215.580
1,715,831
1,452,021
87,843
399,890
3.316.417
884.513
99.407
227,308
1,279,897
d 101.584
124,947
6,253.914
4,338,931
d 456.985
d 25.825
2,407.594
111.538
237,469
2.580,341


196,868
175,336
1.386,660
1,326,079
30,250
313,560
3,616,202
241,239
117,816
279,042
2,021,324
23,736
112,371
d 1,363.955
4,625.471
d 480,716
1,505
1.631,367
118.902
230,138
2,330,623


142,420
150,056
350,000
654,967
65,481
367,430
2,344,716
950
69,619
148,179
371,900

97,438
1,005.448
4,491,000

1,161,285

190,579
1,843,943


138,137
189,107
960,000
780.743
28,449
292,397
2,895,181
1,480
64,182
228,004
1,522,300
85,298
78,034
925,335
4.593.500


1,016,249

208,021
2,062,953


60,000

844,412

60,000
2,014,410

70,455




1,469,119


1,295,475

152.500
1,399.635


.. .. .. .. .. .+ 11. 1 1 + -+ 1 11.- 4 1 -


15.943.832


12,385.356


11,944,561


11.609,238


12,932,767


4. 4- 4. 4


218,453
5,313.274
440,617
19,392
646,242
98,958
333,836
621,072
1,173,882
59,398
d 2.045.794
246,546
6,103,111
d 1.517.985
2,848,856
d 307.316
1,691,290


149,714
5,626.509
335.011
358,285
710,665
30,780
265,654
627,342
693,587
20,015
d 3.273.957
230,129
3,515,013
d 1.333.830
2,969,045
d 171.,68
1,632,862


175,085
1.807,404

4,280
244,700
97,585
242,000
461,982
1,871,686
25,500

249,000
2,961,000
187,011
2,075,828

1,541,500


102,088
2,356,564
284,084
70,630
583,800
31,688
290,000
634,324
1,285,969
56,510

188,400
1.535,000
136,466
2,384,715

1.669,000


107,323

149.988

971.167

429.642




9,875.816

1,398.831


60,000

422,206

60,000
2,014,410

70.455




1,468,865



152,500
1,399,635


8,758,298


95,939

149,988


429,642


100,000


6,583.877

1.398.852


Pocahontase Region Total .............. 19,433,806 24,167,718 15,477,346 20,914,512 9.958.295 17,655.754 11,346.,860 11,225,297

Atlantic and Danville ................. 41,651 42,841 14,856 16,226 2,001 -
Chesapeake and Ohio ................... 12,289,203 13.355.185 8,887,555 10,411,401 3,830,000 6,940,000 6,035.591 6,017,372
Norfolk and Western ................. 4,452,322 7,062,379 4,394,117 7,076,105 3,675,000 7,300,000 4,219.449 4,219,449
Richmond, Fredericksburg and Potomac .. 893,262 1,017,016 893,010 1,033,812 1,115,150 1,409,000 310,032 206,688
Virglnlan ............................. 1,757,368 2,690,297 1,287,808 2,376.968 1.336,144 2,006,754 781,788 781,788


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


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


38,483,296


32,531,550


33,040,181


35,452,900


11,856,796


+ F 4 F F 4.-


524,712
162,445
78.967
3,529,177
705,870
140,480
1.588,010


324,919
164.685
104,388
4,860,179
411.966
92,801
1,051,751


450,000
257,738
36,488
3,125,000
401,091
110,000
1,780,000


430,000
236,411
95,451
7,200,000
294,174
60,000
1,725,000


2,400,000

1,033,169

30,668


7.783.489

24,000

1.033,169


30,668


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

Chicago and North Western ..............
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 & 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 @Fe_ .......
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 Co., Tncl. Leased Lines
Southern Pacific Transp. System / .....
Toledo, Peoria & Western ..............
Union Pacific Incl. Leased Lines .......
Utah ...................................
Western Pacific ........................


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

Beaumont, Sour Lake & Western** ........
International-Great Northern** .........
Kansas City Southern ...................
Kansas, Oklahoma & GOulf ................
Louisiana & Arkansas ...................
Midland Valley .........................
Missouri-Kansas-Tenxs ..................
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 & Oulf** ...........
Teans and New Orleans ..................
Texas and Northern .....................
Texas and Pacific........................
Texas Mexican ..........................


6 495 Q75 d


d 14,857
567,952
4,161,668
d 556.963
d 4,427.046
159.479
d 2.492
1,699,237
143,896
d 385.786
480,965
d 612.308
2,935.576
120,596
1,432,707
792.551


09 R875 4


, ,
1
,
I
.
I


d 1.225.774
329,129
2,381,010
d 1.159.195
d 4.563.844
96,065
d 107.728
1,373,444
161,180
d 383.812
476,789
d 619.771
2,126,266
83,208
613.955
354,405


143,000
1,653.000


30,000


154,684
d 972
363,935
298
550.000
55,600
550,000
140.0ooo00


530,000
937,000




112.269

459.530


345.566


d 940,578
952,429
2,843,475
d 518.463
d 5.243.204
61,718
399,427
d 399.042
105,431
d 352.029
433,512
d 894.974
1,202.334
55.758
1,401,813
392.518


68 693 & 9 412 463


36390 545


2 384 365 16 340 939


$19,500




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

134,106
1.812,500


6. 154.621


16.260.652


2,330,453
228,818
7.,616.108



3.042,561
125,000
74,970
150,000
719,104
1.859,782
113.856


d 2.150.679
688,426
1,016,798
d 1.109.805
d 5.325.413

290,087
d 1.869.628
81,177
d 345.420
458,484
d 860.431
d 786.625
21,341
531,877
A 2.752


2,970,185
228,818
7,716,468



3,044,932
125,000
74,970
150,000

1,859.782
170.784


. +.4. 1 + F1F


62.952.178


53.155,103 68,153.432


55,739.957


58.054.087


48.585.999 27.726.159 22,443,986


4.854,120

2,290,294


1,978,242



5,376,519
5,376,519

7,548,137

396.674


7,449.983


846,999







3,969.019

1.853,240


780,725


__ 4 F F-


20,938,313
8.666,543
7,501,803
550,641
166,603
3,421,484
838,216
d 229,951
448,695
12,536,421
16,402,437
302,754
5,819,061
d 44,693
2, 036,288


17,480,438
7,083.790
5.558.276
397,354
91.625
2.480.285
963,057
d 183.326
117.715
11.713,867
15.223,622
266,379
6,167,421

1.036.514


19.649,550
7,481,654
6,908,561
547.730
155,325
2,630,660
609,002
d 224,249
257,068
13,024,678
16,419,494
288,.656
14,990,873
d 44.516
1,878.440


16,211,701
5.921.165
4,783,770
431,361
82,653
1,627,883
649,150
d 176.976
d 78.998
10,246,405
13,294.504
252,566
14,963,695

843.430


20,309.000
7.072,200
4,766,000
500,433
168,800
2,618,600
527,881

216,500
9,263,661
13,101,966
331,512
10,500,000

1.779.500


16,782,000
5.654,500
3,123,000
402,476
111,400
1,762,855
590,955


8,134,347
11,832,443
276,166
10,800.000

948,300


6,067,650
2,562,580
2.227.535

110,000
1,978,242


6,785,341
6,785,341
50,000
7,548,137

396,674


.. .. *- 1 1 1 i .- -1- .+,4,+,4 .-- t 10 0


28,836,044

584,292
961,117
2,245,752
381,703
1,411,241
58,843
2,481,858
6,277,871
542,189
17.371
546,279
3,214,.507
133,467
2,893,761
d 220.300
3,866,016
82,703
3,232,998
124,376


26,483,4461 20,255,165


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


616,872
318,832
1,810.493
352,158
1,273,008
65,637
1,726,181
2,953,904
d 93.713
17,779
366,232
2,020,422
131,443
2,768,995
d 278.967
3,364,816
82,508
2,668,784
89,781


17.755,853

451,304
192,885
1,585.995
331,088
988,471
d 13.756
1.787,591
3.394,220
53,058
34.231
132,047
1,599,355
240,987
2,416,765
d__ 71682
3,018,100
59,903
1.508.315
46.976


18.471.133

355,000
144,000
2,024.200
351.302
1,109.500
3,000
1,436,000
685,000

17,778
233,000
1,492,741
172,000
4,258,007

3.838.305
99,300
2,152.000
100,000


20,147,729

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


8,502.931


846,999



833.756



4,188,211

1,853,240


780,725


__________ __________ I. L .L L A. A 0 .1. .1 L A S L &


a/ Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa FTe y.
i/ 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 0 200327


Page 2


0fi41 iS61t


1 870 950


52 271 .u44


269,289
228,236
2,219,480
2,299,744
88,246
416,070
5,040.511
1,873,676
98.531
268.282
2,309,477
12,737
136,126
12,783,643
5.446,130
d 88.130
125.787
3,133,719
152,165
356,805
3.301.037


247,175
173,023
1,788,260
2,408,522
42,464
334,205
5,280,560
1,143,006
116,326
328,770
3,029,893
132,099
119,315
5,045,869
5,662,357
d 118.069
150,445
2,470,877
154,372
346,179
3,015,302


34,105,104


37.606,090


241.170
10,665.689
495,453
856,321
1,063,920
132.826
534,954
692.505
1.235.528
216,334
d 1.301.514
238,087
17,736,311
d 1.289.985
3,904,390
d 175.848
2,359.949


178,972
10,974,785
373,217
1,081,313
1,130,230
52,954
459,527
720,608
728,923
154,730
d 2.536.228
224,430
15.375,959
d 1.102.330
3,927,168
d 42,743
2,403,589


44,334,776


50,240,137


587.524
158,249
65,265
3,196,567
1,008,934
243,217
2,016,966


382,890
162,831
89,463
4,156,054
703.278
193,016
1,455,626


-t---


-r-


i


-t-


i i -t


I


I I


0 1


:) I a Z, ne I


ol


I I


I I


v V v z


61 069 370


.:.j







Subject to revision


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
APRIL 1953


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
(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

11953 1952 953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating income ...................... $101509 343 $72 424 753 353 261 893 $291 319 173 34 875 516 $23 272197 $118 670 726 $94525449 $8009 734 16 546487 27 443540 $30714205
2. Other Income ...................................... 16382 026 16 551 752 71659 860 67168240 5 957 346 7 176 765 24 514 036 25 087128 512 143 682 624 2 244079 2 873498
3. Total income ................................. 117891 369 88 976 505 424921753 358487413 40832 862 30448962 143184762 119612577 8521 877 7 229 111 29687619 33 587703
4. Miscellaneous deductions from income ...... 4060908 4111256 16358846 16973173 1082141 975413 4561386 4393151 401 540 463443 1823700 1827978
5. Income available for fixed charges ........... 113830461 84865249 408562907 341514240 39750721 29473549 138623376 115219426 8120337 6765668 27863919 31759725
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 6186 057 6 696 199 24803172 26286712 5211 057 5 652 134 20 851093 22021787 9 725 9740 31442 30906
6-02. Interest deductions / ................ 27292582 26394185 108 444 841 105 292 411 11846123 11 298566 47019971 45064527 1407931 1 365398 5583372 5359169
6-03. Amortization of discount on funded debt ... 260 764 242 860 976 134 978 064 89 328 75 470 310 216 293 952 14 634 13 421 57633 51811
6-04. Total fixed charges .................. 33739403 33333244 134224147 132557187 17146508 17026170 68181280 67380266 1432290 1 388559 5672447 5441886
7. Income after fixed chrzees .................... 80091 058 51532005 274338760 208957053 22604213 12447379 70442096 47839160 6688 047 5 377109 22191472 26317839
8. Other Deductions ..................................... 2850294 2929557 11255313 11664157 1486612 1425685 5786377 5656327 8651 8739 34730 34957
9. Net income ................................... 77240 764 48602448 263083447 197292 896 21117601 11021694 64655719 42182833 6679 396 5368370 22156742 26282882
10. Depreciation (Way and structures and Equipment) ... 41 971 818 39843611 164 460 813 157314924 16251121 14 929 961 62 311182 58396634 3078 981 2 995 739 12280027 11764381
11. Federal income taxes .............................. 56165 245 38555092 206 420 531 192696421 12868 827 6471 603 39960 872 36386185 4540546 4037460 14498841 21693214
12 Dividend appropriations:
12-01. On common stock .......................... 6972093 13513759 73650152 65925146 21270 935050 14699118 10487195 d 209 5862822 11194792 16933569
12-02. On referred stock ....................... 2 119 976 2 822 660 32 762 395 30048767 299 181 491 175 7 168 126 5413117 218 063 374 455 369922 529 005
Ratio of income to fixed charges (Item 5.6-04) 3.37 2.55 3.04 2.58 2.32 1.73 2.03 1.71 5.67 4.87 4.91 5.84

EASTERN DISTRICT
POCAH INCLUDING SOUTHERN REGION WESTERN 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

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating income ...................... $42 885 250 $29 818 684 $146 114266 $125 239 6 54 17 562866 13 878 644 $67 803 003 58 213420 $41061227 $28 727 425 1$39 344 624 $107 866 095
2. Other Income ...................................... 6469489 7 859389 26758115 27 960626 2266 778 2075916 7971907 7 831532 7645 759 6 616 447 36 929 838 31376 082
3. Total income .................................. 49354 739 37 678073 172872 381 153200280 19829 644 15 954 560 75774910 66 044 952 48 706986 35 343 872 176 274 462 139242181
4. Miscllaneousdeductions fromincome .............. 1483681 1438856 6385086 6221129 681929 635935 2873121 3153284 1895298 2036465 7100639 759876C
5. Income available for fixed charges ............ 47871058 36239217 166487295 146 979 151 19147715 15318625 72901789 62891668 46811688 33307407 169 173 823 131 643 421
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 5 220 782 5 661 874 20882535 22 052693 785 725 775 492 3227841 3188 089 179 550 258833 692 796 1 045 93C
6-02. Interest deductions i/ .................... 13254054 12663964 52603343 50423696 4031565 3851312 16052553 15395831 10006963 9878909 39788945 39472884
6-03. Amortization of discount on funded debt ... 103 962 88 891 367 849 345 763 29 556 33 645 112 228 129 420 127 246 120 324 496 057 502 881
6-04 Total fixed charges .................. 18578798 18414 729 73853727 72822152 4846846 4 660449 19 392 622 18713340 10313 759 10 258066 40977798 41021695
7. Income after fixed charges ................... 29292260 17824488 92633568 74156999 14300869 10658176 53509167 44178328 36497929 23049341 128196025 90621 726
8. Other Deductions .................................. 1495 263 1 434424 5821107 5 691284 241 930 327352 966932 1315954 1113 101 1 167781 4467274 4656 919
9. Net income ................................. 27796997 16 390064 86812 461 68465715 14058 939 10 330 824 528542235 42862 374 35 384 828 21 881 560 123 728 751 85964807
10. Depreciation (Way and structures and Equipment) ... 19 330102 17925700 74 591209 70161015 5786550 5 710702 22987379 223555583 16855166 16207209 66882 225 64798326
11. Federal income taxes .............................. 17 409 373 10 509063 54459713 58079399 11415 745 9 992 727 44455926 45445627 27340127 18053302 107 504 892 89171395
12. Dividend appropriations:
12-01. On common stock .......................... 21061 6 797872 25893910 27420764 5508 001 5 382084 15 242 572 11201 944 1643 031 1 333 803 32513670 27 302 438
12-02. On preferred stock ....................... 517244 865 630 7538048 5942122 10222 364 520 1932 447 2328149 1592 510 1 592 510 23 291900 21778 496
Ratio of income to fixed charges (Item 5.6-04) 2.58 1.97 2.25 2.02 3.95 3.29 3.76 3.36 4.54 3.25 4.13 3.21


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Selected Liability Items ANALYSIS OF NET INCOME-..ALL CLASS I RAILWAYS *
Balance at the end of April Balance at the end of April
1953 1952 1953 1952
Seporte showing Reports showing
17. Expenditures (gross for additions and betterments- 11,29,91 1111 40. Funded debt maturing within 6 months 2/ _... ._ ( $159,805,873 $185,050,921 Period Net Income Net Deficit
18. Expenditures (gross) for additions and betterments- 1. Loans and bills payable 2/ ... .2,844,083 2,955,211 __Number Amount Number Amount
Equipment ..314,360,391 371,313,454 42. Traffic and car-service balances-Cr.. 102,343,039 89,733,094
19. Investments in stocks, bonds, etc., other than those 4. Audited accounts and wages payable 547,587,702 530,955,392 April ...... 1953 107 $79,269,494 15 $2,028,730
of affiliated companies (Total, Account 707) 463,457,632 478,375,605 Miscellaneous accounts payable. 204,234,994 193,520,783 April ...... 1952 100 52,921,807 22 4,319,359
20. Other unadjusted debits. 83,775.116 84053.914 45. Interest matured unpaid 40,989,333 78,267,894 4 months ... 1953 103 275 928 075 19 12,844,628
46. Dividends matured unpaid .......... 9,794,391 6,561,906 4 months ... 1952 97 216,609,854 25 19,316,958
21. Cash 892,435,642 799,793,418 47. Unmatured interest accrued......... ...... 74,019,941 70,553,599
22. Temporary cash investments ..978,096,764 842,329,196 48. Unmatured dividends declared. 24,759,081 28,680,842
Special deposits.. ...... 8886 3 49. Accrued accounts payable .. 225288,490 291,450,189
24. Loans and bills receivable .. .... .... ....... 1.3 2,94 8 2,4!2,257 50. Taxes accrued ................ .... .... .." 882,470,726 868,562,823
25. Traffic and car-service balances-Dr. ... 63,714,666 55,440,917 51. Other current liabilities 99,590,745 84 283380
2 Net balance receivable from agents and conductors 163,162,910 153,159,019 Other current liabilities
27. Miscellaneous accounts receivable ..3.... 371,853,816 476798,820 52. Total current liabilities (items 41 to 51) 2,213,922,525 2,245,525,113 Excludes 4 roads whose net income (or deficit) was
28. Materials and supplies ..... ......... 845,451,894 935,052,88 absorbed by the controlling company.
29. Interest and dividends receivable .. ... 1,18,53 16,575,419 53. Analysis of taxes accrued:
30. Accrued accounts receivable. 21 4,549615 213475,316 53-01. U. S. Government taxes ----.. ..................712,126,910 704,889,505
31. Other current assets 39,164,267 35,099,299 53-02. Other than U. S. Government taxes ...170,343,816 163,673,318
32. Total current assets (items 21 to 31) .... ,680,563,704 3,619,010,402 54. Other unadjusted credits.. ........ .. .. 26,13314 275181,366


d Decrease, deficit, or other reverse item.
y 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.
3/ Includes obligations which mature not more than one year after
date of issue.






~.YLO ( ~-bi\e~ 34.~r~;3j


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
7m mm Ia MOaB M DID X=AL 1953 AID 9U1


satern Dispries To .


Eastern District Incl. Pocahontas
Region Total ................


118.670.726


146.114.266


94.525.4491


125.239.654


64,655,719 42,182,833


86.812 461


39.960.872


54.459.713


DIVIDEND
APPROPRIATIONS


1952


F r 1


Region and railway


NET RAILWAY OPERATING
INCOME


NET INCOME


FEDERAL INCOME
TAXES


DIVIDEND
APPROPRIATIONS


1 PPROPRIATIOR


1952


1953


1 I T r t I I


36.386.185


58.079.399


106,412,547 $95,973,913

21.867.244 15.900,312


. H.. .


New England Region Total ............ 7,032,167 6.556,644 2.423.398 2,084.095 2,600,241 2,694,141 1,267,930 87,585

Bangor and Aroostook ................. 1,037,521 989.069 707,033 774.551 670,883 754,519 47.850 47,850
Boston & Maine ....................... 1,563.769 1,152.735 275.593 d 109.780 531.231 303,804 -
Canadian National Lines in New England d 459.019 d 468.692 d 507.241 d 517.056 -
Canadian Pacific Lines in Maine ....... 627,501 608,219
Canadian Pacific Lines in Vermont ..... 255.058 d 281,219- -
Central Vermont ....................... 202,649 7,405 357126 d 549226 -
Maine Central ......................... 992,122 1,109,242 571,391 748,936 555,127 837,818 39,793 39.735
New York Connecting ................... 382,931 403,304 163,660 145,563- --
New York, New Haven and Hartford ...... 2,964,772 3.058,794 1,601,856 1,609.344 843,000 798,000 1,180,287
Rutland ............................... d 25.021 d 22.213 d 31.768 d 18.27 --

Great Lakes Region Total ........... 56,952.961 42.699,089 36,654,932 22,832,394 18,354,852 18.944.595 7,386,006 5,668,071

Ann Arbor ............................. 360,684 283,625 298,273 215,641 167,123 133,234- -
Cambria and Indiana .................. 304,565 212,392 290,151 214,894 203,073 233,131 60,000 60,000
Delaware and Hudson ................. 2,887,458 2,390,475 2,203,072 1,859.904 250,000 1,091,000 -
Delaware, Lackawanna and Western ...... 3,205,012 3,137,914 2,001,605 1,650,904 993.737 992,582 844,412 422,206
Detroit and Mackinac .................. 101,025 61,230 99,386 50,110 73.937 44,039 -
Detroit and Toledo Shore Line ......... 524,997 418,800 503,779 387,456 457,767 357,013 80,000 80,000
Brie .................................. 6,864,811 6,451,819 4,562,155 4,220,514 3,270,362 3,026,667 2,014,410 2,014,410
Grand Trunk Western ................... 2,573,057 1,195.341 1,252.189 d 8.583 1,905 2,960 -
Lehigh and Hudson River ............... 141,906 148,214 143,807 150,297 105,036 99,640 70,455 70,455
Lehigh and New England ................ 286,759 519,577 231,109 452,898 123,051 387,490- -
Lehigh Valley ......................... 3,234,589 3.944,082 1898,719 2,716,247 650,500 1,581,000- -
Monongahela ........................... 69,156 209,402 d 82.401 65,826 71,215- -
Montour ............................... 170,720 155,705 156,954 147,329 131,093 100,480- -
New York Central ...................... 19,189,358 8,883,937 10,269,710 239,635 1,308,964 1,225,585 -
New York, Chicago and St. Louis ...... 7,473,295 7.021,309 6,071,078 5,697,130 6,251,500 5.594,500 1,469,119 1,468,865
New York, Ontario and Western-- ...... d 133.841 d 155.207 d 624.044 d 632,123 ---
New York, Susquehanna and Western* .... 183,946 162,126 d 18,211 d 46.949 -- -
Pittsburgh and Lake Erie .............. 4,311,244 3,192,798 3,361,045 2,115,387 1,681,664 1,240,735 1,295,475
Pittsburg and Shawmut ................. 241,301 202,208 187,429 155.551 d 8.195 -
Pittsburgh and West Virginia .......... 465,236 444,156 305,456 289,544 233,517 258,626 152,500 152,500
Wabash ................................ 4,497,683 3,819,186 3,543,671 2,890,782 2,459,818 2.504,698 1.399,635 1,399,635

Central Eastern Region Total ........ 54,685,598 45,269,716 25,577,389 17,266,344 19,005,779 14,747,449 13.213,308 10,144,656

Akron, Canton and Youngstown .......... 339,672 235,709 308,020 196,160 251,741 116,631 106,260 95,939
Baltimore and Ohio .................... 14,665,793 14,344.169 7.597,635 7,173,028 2.993.3561 2,999,146
Bessemer and Lake Erie ................ 1,196,433 764,167 1,121,316 711,192 747,055 833,514 149,988 149,988
Central R. R. Co. of New Jersey ....... 1,247,921 1,275,478 73,655 1,295.853 5,569 76,790 915,050
Chicago & Eastern Illinois ............ 1,428,316 1,384,329 877,037 851,479 341,700 560,300 973.117 191,876
Chicago & Illinois Midland ............ 249,492 2,647 205,506 d 13.977 212,885 5,388
Chicago, Indianapolis and Louisville .. 716,876 581,816 450,954 320,546 329,000 349,000 429,642 429,642
Detroit, Toledo and Ironton ........... 1,032,292 865,717 930,212 742,902 717,180 757,536- -
Elgin, Joliet and Eastern ............. 1,564,220 864,841 1,483,512 816,477 2,311.349 1,410,396 -
Illinois Terminal ..................... 304,951 224,556 97,517 46,057 25,500 95,066 100,000
Long Island-* ......................... d 1.456.738 d 2.605.109 d 2.457.314 d 3.588.435 -
Missouri-Illinois ..................... 353,654 293,817 364,879 301,979 352,000 271,500 -
Pennsylvania .......................... 26,235,782 20,555,270 10,616,982 4,740,675 5,773,000 2,046,000 9,875,816 6,583,877
Pennsylvania-Reading Seashore Lines ... d 1.628.267 d 1.444.821 d 1.932.267 d 1.753.488 249,354 181,954
Reading ........................ .......... 5,391,125 5,074,163 3,869,318 3,767,972 2,580,990 3,074,228 1,678,485 1,678,284
Staten Island Rapid Transit ........... d 195.293 d 63.355 d 370.255 d 234.724 -
Western Maryland ...................... 3,239,369 2,916,322 2,340,682 1,892,648 2,115,100 1,970,00- -

Pocahontas Region Total ............. 27,443,540 30,714,205 22,156,742 26,282,882 14,498,841 21.693,214 11,564,714 17,462,574

Atlantic and Danville ................. 61,668 55,459 26,052 19,734 2,667 -
Chesapeake and Ohio .................... 17,207,276 17,245,969 12,657,702 13,262,887 5,710,000 8,840,000 6,033,543 12,034,747
Norfolk and Western ................ 6,622,682 8,818,932 6,558,231 8,843,648 5,675,000 8,650,000 4,439,351 4,439,351
Richmond, Fredericksburg and Potomac .. 1,198,713 1,388,643 1,182,561 1,412,160 1.315,150 1,792,820 310,032 206,688
Virginian ............................. 2,353,201 3,205,202 1,732,196 2.744,453 1,796.024 2,410,394 781.788 781,788


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

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


- report of receiver or receivers.
00 Report of trustee or trustees.
d_ Deficit or other reverse item.


67,803,003

863,621
207,544
87,283
4,020,272
1,396,547
345,571
2,803,972


58,213,420

554.897
206,097
119,378
5,722,442
948.950
271,783
1,927,968


52.542,235

778,643
213,460
100,900
4,993,463
987,093
209,081
2,236,538


42,862.374

474,946
208,208
134,800
7,019,223
556,298
137,680
1.372,459


44,455,926

685,000
340,261
42,826
3,425,000
549,091
155,000
2,560,000


45.445,627

630,000
294,920
109,917
8,950,000
386,174
95,000
2,360,000


17.175,019


2,459,984

2,062,453


40,890


13,530,093


24,000

2,062,453


40,890


Southern Region Continued

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


Western District Total ...............


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

Chicago and North Western .............
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 & Ishpening ..............
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 Fe a/ .......
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 Co., Incl. Leased Lines
Southern Pacific Transp. System bj .....
Toledo, Peoria & Western ...............
Union Pacific Incl. Leased Lines .......
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-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 .........................


$2,991,300
80,519
2,289,897
498,599
57,319
321,968
4,133,539
9,864,696
11,257,007
105,318
2,106,006
767,251
199,459
8,751,281
14,298,370
181,904
173,760


$3,123,881
37,804
2,698,791
590,509
62,768
277,089
3,393,992
8,468,404
9,463,312
94,082
1,870,221
433,622
323,333
7,951,425
9,436,673
95,466
140,533


$85,072
804,480

d 264.799
225,209
3,254.239
7,220,895
10,158,533
86,695
1,656,631
793,755
159,021
7,759,562
10,830,060
88.397
165.307


$45,414
1,189,482

d 250.414
178,815
2,495,135
5,818,755
8,498,243
74,463
1,402,986
475,732
299,270
6,772,183
5,816,622
6,416
135,658


7 1 r S +


$325,820
93.200
885,000


260,000
2,909,000
7.448,ooo
7,860,904
91,326
1,311,915
900,000
187,000
4,335,000
9,989,637
d 6.698
108,644


$323,476
52,100
1,160,000


265,000
2,367,000
6,434,00
7,056,012
77.282
1,124,426
695,000
281,701
4,880,000
7,765,000

138,619


$24,375




1.625,831
2,476,696
4,680,000
60,358
511,967

163,880
1.445,835
1,622,750


$19,500



812.915
2.137,201
4,680,000
60,358
447,970

134,106
1.812,500
1,298,200


j 5 --------- -


16,191,153

673.508
1,000,126
5,113,702
d 738.123
d 1.983.628
241,334
d 87.092
4,504,398
194,668
d 207.901
574,704
d 666.955
4,207,685
175,699
2,073,371
1,115,657


4,4,8 5. 706 975,


321,000
1,751,000


70,000

600.000
210,414
d 972
40o,635
298
1,140,000
89.600
800,000
325,000


F F I 1 F -4


d 1.936.716
1,213,906
3,380,354
d 955.211
d 3.897.294
101,835
323,007
1,636,976
133.569
d 183.615
486,722
d 1.013.788
2,491,194
79,925
1,854,987
525,833


d 907.624
649.446
2,747,627
d 1.534.119
d 2.166.212
165,431
d 228,406
3.567,090
210,123
d 207.282
552,774
d 672.299
2,717,528
125,696
974,338
536,933


Sd 3.547.219
861,397
958,092
d 1.742.744
d 4.013.571
41,074
177,067
d 420.939
89,667
d 175.206
503,444
d 969.444
d 221.492
34,272
694,519
d 59.934


653,000
798,000





130,494

489,830



515,566


2.970,185
228,818
7,716,468



3,044,932
125,000
224.910
150,000

1,859,782
170.784


2,330.453
228,818
7,616,108



3,042,561
125.000
74,970
150,000
719,104
1,859,782
113,856


83,661,688

28,000,917
11,087,516
9,744,179
797,396
215,796
4,310,257
1,110,176
d 107.797
563,377
16,856,880
21,816,597
385,168
8,072,827
d 58,492
2,683,488


68,481,149 89,362,634


26,016,124
9,505,197
8,935,538
793.,847
200,684
3.249,970
791,500
d 100,648
309,156
17,018,000
21,362,370
368,487
19,866,391
d 58.66687
2,466,687


1 V t I -


22,581,213
8,493,700
7,353,455
554.757
113,177
3,089,164
1,180,647
d 33.697
115,016
16,492,726
20,994,069
344,620
6,761,487
d 51.913
1,486,797


70,557.515

20,631,886
6,975,739
6,338,861
601,228
100,110
1,969,122
751,471
d 25,882
d 147.464
13,975,935
17,880,941
330,184
17,905,820
d 53.439
1.203.944


39.491.783


682,756
1,407,279
2.988,736
505,123
1,971,039
97.454
3.392.162
8,781,911
862,460
42,602
854,599
4.535,011
193,586
3,826,846
d 247.714
4,959,717
120.378
4,337,406
180,432


35.143.2661 27.835.073


569,277
1,072,912
2,717,062
442,321
1.525,887
d 27,231
3,237,562
8,885.892
932,363
49,928
486,168
3,801,902
279,982
3.554,827
d 124,965
4,501,343
75,935
3,035,267
126,834


2318,0 2505.3 221.32 0. 50 .4 R.3271


76,745,616

27,217,000
9,058,600
6,054,000
679.370
223,900
3.216,400
672,526

273,100
12,301,819
17,140.137
431,701
14,200,000

2.417.200


61,370,182

21,061,803
6,641,900
4,053,000
564,517
98,700
2,250,325
672,013
18,808

11,599,711
16,356,152
361,105
12,700,000

1,348,300


29.715.343 24.493.171


6,067,650
2,562,580
2,227,535

110,000
1.978,242



6.785,341
6,785,341
50,000
7,548,137

2,385,858


4,854,120

2,290,294


1,978,242



5,376,519
5,376.519
60,000
7,548,137

2,385,859


2,8,5


727,025
547,401
2,409,115
465,171
1.799,246
91,408
2,398,970
4.136,902
7,647
42,920
597.651
2.932,917
190,953
3,668,325
d 324,313
4.304,370
120,126
3,583,376
135,863


596,588
245.349
2,121,039
401,606
1,311,145
d 28.039
2,214,576
4,070,521
64,931
48,236
269,728
2,188,675
274,473
3,291,199
d 188.593
3.865,006
75,189
2,290,552
86,128


622,000
199,000
2,669,200
464,030
1,489,500
30,919
2,031,000
1,285,000
d 50.000
42,920
202,000
2,244,741
266,000
5,483,073

4,838,318
170,600
2,913,000
151,000


879,000
92,000
2,675,000
489,288
1,194,000
6,000
1,974,000
2,325,000
95.000
58,955
361,000
1,821,900
108,666
5.698,073

4,756,441
115,000
2,470,000
95,000


II I


846,999



833,756




5,284,628

1,853,240



780,725


846,999







4,846,147

1,853,240



780,725


a 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.

U. S. GOVERNMENT PRINTING OFFICE: 153 O 200327


IIlIlI li II, 111 011111 I I II I II I I ;
31262 08851 2933 INTERSTATE COMMERCE COMMISSION

BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Page 2


I


I


I


I


I


:


-I--


.


I


,


2L


4


I


_I


-t


1953


1952


33 431 958 33 362 886


139,344,624


.58 964,807 107.504 892


89.171.395


55 805 570 49 080 934


107,866,099 123.728.751


5.706.975


2.586.890


61 490 879 16 260 652


4,241.684


6,531,044 d 7.791.017


25.21 .1231


23.198.309


25,052.301


9Q599.34WR


8R,27.111




TCSubject to revision /


Subject to revision


UNIVERSITY OF FLORIDA

IIIIIIIIIIIIIIIIIIIIIIIIN TERSTATE COMMERCE COMMISSION
3 1262 08851 3097 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
MAY 1953


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
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of Hay For tbflive months of For the month of May For the five months of For the month of May For the five months o

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 195

1. Net railway operating income ...................... 95393045 $83 094887 $448770938 $3.74 463 062 $35 245 122 $26 201 061 $154 031 848 $120 775 511 $9 163 238 $8369145 $36 606 778 $39 0 -5
2. Other income ................................... 19 780490 14 929 933 91 440351 82 098 173 6062 612 5 794 978 30576 648 30882 105 451 167 607435 2 695 266 348 3
3. Total income ................................. 115 173 535 98024820 40211 269 456561235 41 :07 734 31 996 039 184608496 151657616 9614425 8 976 580 39 302 044 42 56
4. Miscellaneous deductions from income ............ 4213933 3 688471 20572780 20861645 1062 792 912 129 5624178 5305280 388 928 441 434 2212628 2 26 12
5. Income available for fixed charges ............ 110959 602 94 136349 519638509 435 699590 40244942 31083910 178 984 318 146352336 9225497 8535 146 37089 416 40 294 71
6-01. Rent for leased roads and equipment ....... 6333930 6510726 31137101 32797437 5351347 5481098 26202440 27502885 7042 7455 38484 383
6-02. Interest deductions / .............. ........ 27175250 26 444 370 135620092 131736782 11760240 11 330 551 58 780 211 56395078 1 417 768 1 349961 7001140 6709130
6-01. Arortization of discount on funded debt ... 242 604 247 203 1 218 738 1225 267 77 730 76 996 387 946 370 948 14 543 13 635 72 176 65 446
6-0o4. Total fixed charges .................... 33751 764 33 202 299 167 975 931 165759486 17189 317 16 888645 85 370597 84268911 1439 353 1 371051 7111 600 6812 937
7. Income after fixed chrrees ................... 77 207 818 60 934050 351662578 269 940 104 23055 625 14 195 265 93613721 62083425 7786 144 7 164095 29 977 616 33481934
8. Other Deductions ........................... ...... 2787462 2892194 14042774 14556351 1438 553 1405599 7224929 7061926 8651 8711 43 381 43668
9. Net income ................................... 74 420 356 58041 856 337 619 804 255 383 753 21617 072 12 789 666 86 388792 55 021 499 7 777493 7 155 384 29 934 ;35 33438266
10. Depreciation (Way and structures and Equipment) ... 41 813 744 40 270 450 206 274 557 197 585 376 15 878 974 15 211 363 78 190 156 73/607 997 3 120 388 3 022 688 15 400 415 14 787 069
11. Federal Income taxes ................................ 50882 877 42 473 643 257 187408 235121 064 15 226 194 10 447 873 55071066 46785 058 5654 150 6 590 999 20152971 28284 213
12 Dividend appropriations:
12-01. On common stock ............................ 33621 076 28 356475 107 271 228 94281621 2 938 413 4 665 468 17637531 15152663 10886 711 5001 237 22 081503 21934 806
12-02. On preferred stock ........................ 6285 255 8 361 350 39047650 38410 117 1068 378 1 068408 8236504 6481525 148 184 518106 529 005
Ratio of income to fixed charges (Item 5+6-04) 3.29 2.84 3.09 2.63 2.34 1.84 2.10 1.74 6.41 6.23 5.22 5.91


EASTERN DISTRICT---
INPOCAH RENG SOUTHERN REGION WESTERN DISTRICT
POCAHONTAS REGION
Income Items For the month of May For the five months of For the month of May For the five months of For the month of May For the five months of

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 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 ]/ ....................
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. Federal income taxes ...... ...................
12. Dividend appropriations:
12-01. On common stock ........................
12-02. On preferred stock .......................
Ratio of Income to fixed charges (Item 5-6-04)


Selected Expenditure and Asset Items


$44 408 360
6 513 799
50 922 159
1 451 720
49 470 439
5 358 389
13 178 006
92 273
18 628 670
30 641 769
1447 204
29 394 b65
18 999 362
20 880 324

13 e25 124
1216 562
2.66


$34 570 206
6 402 413
40 972 619S
1 353 563
39 619 056
5 488 553
12 680 512
90 631
18 259 696
21 359 3 60
1 414 310
19 945 050
18 234 051
17 038 872

9 666 705
1 066 408
2.17


$190 638 626
33 271914
223 910 54 O0
7 836 806
216 073 734
26 240 924
65 781 351
460 122
92 482 397
123 591337
7 268 310
116 323 027
93 590 571
75 224 037

39 719 034
8 754 610
2.34


_______ A. L ________ [ I I I I I I I
T T 4 L _______


$159858861
34 363038
194 221 899
7 574 692
186 647207
27 541246
63 104 208
436 394
91 081 848
95 565 359
7 105 594
88 459 765
688 395 066
75 069 271

37 087469
7 010 530
2.05


$17 527 891
1578 556
19106447
740 839
18 365 608
798 260
4 039 1 50
26 760
4 864 190
13 501 418
240 054
13 261 364
5 855 325
10 573 841

4 400 876
634 948
3.78


$13 681 530
1 580 655
15 262 185
784 945
14 477 240
772 575
3 873 065
32 438
4 678 078
9 799162
297 852
9 501 310
5 813 776
9 372 022

3 574 598
280 650
3.09


$85 330 894
9 550 463
94 881 357
3613960
91267 397
4 026 121
20 091703
138 988
24 256 812
67 010 585
1 206 986
65 803 599
28 842 704
55 029 767

19 643 448
2 567 395
3.76


$71 894 950
9 412 187
81307137
3 938 229
77 368 908
3 960664
19 268 896
161 856
23 391 418
53977490
1 613 806
52 363 684
28 169 36C
54817649

14 776 542
2 608 799
3.31


3.31 4.20 3.90 4.14 3.35


$33 456 794
11 688 135
45 144 929
021 374
43 123 555
177 261
9 958 092
123 571
10 258 924
32 864 631
1 100204
31764 427
16 959 057
19 428 712

15 395 076
4 433 745
4.20


$34 843 151
6 946 865
41 790 016
1 749 963
40 040 053
249 598
9 890 793
124 134
10 264 525
29 775 528
1 180032
28 595 4 96
16 222 623
16 062 74 9

15 115 172
7 012 292
3.90


$172 801 418
48617974
221 419 392
9 12201 4
212 297 378
870 056
49 747 038
619 628
51 236 722
161 060 656
5 567 478
155 493 178
83 841282
126 933 604

47 908 746
27 725 645
4.14


(142 709 2 51
38 322 948
181 032 199
9348724
171 683 475
1295527
49 363 678
627015
51286 220
120397255
5836951
114 560 304
81 020 950
105 234 144

42417610
28790788
3.35


UNITED STATES

Balance at the end of May
1953 1 1952


Selected Liability Items


UNITED STATES

Balance at the end of May
1951 T -1"2


1OS I lr
_____________________________ I J3-- 59 ______


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)


84. 546. 666
d.


$146,130,816

393,725,280
463,557,544
106.294.394


926,596,164
987,960,956
87,646,554
1,320,838
66,037,714
170,096,528
371,458,555
836,821,915
20,874,801
217,706,934
39,362,765


$144,790,848
461,710,319
477,786,152
84.546.666


835,044,019
858,999,100
69,649,468
1.293,899
54,558,243
168,658,690
469,529,462
920,847,983
19,333,377
226,939,563
35,203,354


W2I8.2 ,
285,87-870 27--56,66


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


40. Funded debt maturing within 6 months 2/


41. Loans and bills payable/ ......../...
42. Traffic and car-service balances-Cr..
43. Audited accounts and wages payable
Miscellaneous accounts payable.
45. Interest matured unpaid
46. Dividends matured unpaid... ........
47. Unmatured interest accrued.....
LtA. 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.. ...........


-.-.--87---- --76-9216-9


I.. .I _


2,809,675
101,204,605
537,717,759
205,433,536
28,306,617
10,715,860
81,537,675
55,593,107
225,573,211
933,091,160
97,107,465
2,279,090,670


3,168,860
96,215,572
531,383,485
196,075,939
32,709,600
9,285,711
77,463,164
57,587,022
303,122,580
916,713,691
85,773,514
2,309,499,138


2,309,499,138


755,405,232 740,624,299
177,685,928 176,089,392
285,817,870 272,526,668


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


May ...... 1953
May ...... 1952
5 months 1953
5 months 1952


103 $77,380,101
101 60,535,102
106 350,395,752
104 271,483,780


19 $2,959,745
21 2,493,246
16 12,775,948
18 16,100,027


* Excludes 4 roads whose not 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.
I/ Includes obligations which mature not more than one year after
date of issue.


L 0




C-3
OJ lS



lb5


I I L-


*00


$159,487,416


$176,921.649


I


3 725 883 724 3 660 0 8







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
C FIE T 71W HS N IBUD MAT 1953 AD 1952


Page 2


NT RAILWAY OPERATING NT INCOMi FEDERAL INCOME DIVIOZD HIT RAILWAY OPERATING F INCOMDERAL INCOME DIVIDID
INCOME TA IS APPROPRIATIONS INCOME ITKES APPROPRIATICBS
Region and railway Region and railway___
1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

United States Total ................. $448,770.938 $374,463062 $337.619.804 $255,383.753 $257.187.408 $235.121.064 $146.318,878 $132.691,738 Southern Relon Continued
Eastern District Total .............. 154,031848 120,775.511 86.388.792 55.021.499 55.071.066 46.785.058 25,874.035 21,634,188 Clinchfield ............................ $3,762,284 $3,942,723 $407,275 $404,345
Columbus and Greenville ................. 88,939 43,548 $95.457 $53,127 108,400 62,800 $24.375 $19.500
Eastern District Incl. Pocahontas Florida East Coast** ................... 2,746,414 3,112,762 879,004 1,224,054 970,000 1.195.000 --
Region Total ..................... 190.638,626 159.858,861 116,323.02? 88,459.765 75.224.037 75.069,271 48,473.644 44.097.999 Georgia R. R. Lessee Organization .... 644.152 708,345 -
Georgia & Florida*...................... 62,655 72.960 d 340.930 19.4-- -
New Inrland Region Total ............ 8.410.271 7.710.734 2.866,432 2,402,714 3,008.522 3.169.867 1.315.780 135.435 Georgia Southern and Florida ........... 406,039 338,688 286,645 216,238 325,000 335.000 -
Gulf, mobile and Ohio .................. 4,930,790 4.193,698 3.845,447 3.084,596 3,374,000 2906000 2,438,746 812915
Banger and Aroostook .................. 1.173.984 1,098,477 745,052 827,104 698,290 769,548 95.700 95.700 Illinois Central ....................... 12,655.687 10,259,447 9.379.182 6.952.051 9.835.000 7,617,000 3.834.674 3.155.685
Boston & Maine ........................ 1.939.912 1,581,556 342.062 25.712 633.808 480,272 Louisville and Nashrille ............... 14,163.043 11,215.683 12,752,147 9.994247 9.750,680 8,258.315 4,680,000 4,680,000
Canadian National Lines in Noe England d s67.476 d 87.9 d 28. d 64.56 Mississippi Central ..................... 112,137 130152 86,464 104,826 92,450 112.182 60.358 60.358
Canadian Pacific Lines in Maine ....... 583.399 563.598 Nahille Chattanooga & St. Lois ..... 2.559,686 2.311,778 1.992,963 1,734,379 1512,639 1.354.567 511.967 447.970
Canadian Pacific Lines in Vermont ..... 384 07 d 31,936 lea Orleans and Northeastern ........... 978,101 583482 1,013.315 635617 1.180000 965,000 -
Central Vermont .............. ........ 318,960 d 26.85 d 78.60 719209 orfolk Southern ....................... 267,301 407,845 215.757 37,715 222.000 316,701 327,761 269.820
Maine Central ......................... 1,158,277 1,302138 616809 851734 604424 902,047 39.793 39.735 Seaoard Air Line...................... 10.949.725 10,084,433 9.710.323 8,719618 5.350,000 6,170.000 1,445.835 1,812,500
New York Connecting ................... 487,346 431,806 214,892 109.055 Southern ............................... 18.103.992 12,188,627 13.797,652 7,674,438 12,609.637 10,240,000 1,622,750 1,298,200
ew York, New Haven and Hartford ...... 3.756,701 3,767.955 2,018.120 2.019.122 1,072,000 1,018.000 1.180287 Tennessee Central ....................... 197.597 157,047 76,623 44,226 d 669 -
Rutland ............................... d 56.2 d 66.486d 63.646 d 62.240 Wetern y. of Alabama ................. 197.489 180.600 186.556 173.133 117.957 153.189- -
Great Lakes ReSgon Total ............ 72,404.010 54.064.875 46.747.094 28.817.988 24.664,860 23.493.708 10.865.283 10.874.391 western District Total ............... 172,801.418 142.709.251 155.493.178 114.560.304 126,933.604 105.234.144 75.634.391 71,208,398
Ann Arbor ............................. 453.316 374.319 376,741 289,634 210,825 188,075 Northwestern Reon Total ............ 24.499.032 14.566.655 15,046.838 d 11.22s 8,236.425 3.332.134 21.546.419 21,624,184
Cambria and Indiana .................... 387641 285.893 371.439 287,023 262,092 311.161 60,000 60,000
Delaware and Hudson ................... 3,535539 2,893,129 2,681,365 2,222,155 250,000 1,369,000 Chicago and North Western .............. 954,637 d 1.16.004 d 1.01.076 1.572 2,970,185 2,330,453
elaware, Lackaanna and Western ...... 4,330,009 4,081312 2,726,723 2,160.804 1,494902 1,404.680 844,412 422,206 Chicago Great Western .................. 1,387,693 1.531.374 955261 1,091,464 599.000 833,000 228.818 540,006
Detroit and Mackina .................. 122,018 96.878 120.564 82,128 85,854 67,526 Chicago, Nilwake, St. Paul and Pacific 5.257,860 3.666,348 2.336,139 673,046 1,002,000 432,000 7.716,468 7,616,108
Detroit and Toledo Shore Line ......... 644,848 503.297 618.830 467.176 560.148 427,940 100.000 100,000 Chicago. Saint Paul, Minneapolis & Omaha d 955.6 1.150.541 1.948041 d 2.132.680 -
Erie .................................. 8,638.356 7.749,878 5.739.015 4.958.562 4,118,266 3.669,269 3.852,066 3,852,066 Duluth. Missabe and Iron Bange ......... 1,429809 d 108.38 1,193113 265.853 791240 -
Grand Trunk Western ................... 3.557.982 1,362,393 1,896,683 162.223 2,960 4,440 Dluth, South Shore and Atlantic....... 285107 207,520 188,142 126,085 120,000 -
Lehigh and Hudson River ............... 184,215 188.328 186,780 191,024 138,830 124,648 70.455 70,455 Daluth. Winnipeg and Pacific ........... .d 1.982 249,715 d 192.172 69,188 -
Lehigh and New England ................ 489.117 726,428 420.803 645,565 299.186 566,846 Great northern ......................... 6.604,O6 4.802.281 6,735.626 2,166,079 2.100,000 775,000 6.090,689 6,085,122
Lehigh Valley ........................ 4,183,849 4.919,391 2.531.188 3.359.505 907,800 1,867,600 -- Green Ba & Western .................... 223,691 158.239 236,466 94.204 241,661 144,438 125,000 125,000
Monongahela ........................... 227,188 279,330 37.568 5,283 89.019 Lake Superior & Ishpeming .............. 155.103 136.733 154.369 147,406 d 972 50,000 224.910 74,970
Montour .............................. 214,315 203.929 197,022 193.869 164.656 135.474 Minneapolis & St. Louis ................ 710,925 614,590 669.687 617.176 481,335 532,130 300,000 300,000
New York Central ...................... 24,030,410 11,829,816 12763,223 823.585 2,906,280 1,448,890 Minneapolis, St. Paul & S. S. Marie .... 873.16 620.798 d 87.5d 66.640 298 719.104
Naw York, Chicago and St. Louis ....... 9.322,197 8.872.789 7,589.320 7,216.872 7,814,500 7.069.500 2,938,240 2,937,729 Northern Pacific ....................... 5,117.121 3.512,897 4.544011 143.177 1.415,000 3,719.565 3.719,565
New York, Ontario and Western ....... d 201.112 19.832 d 815 373 d 791.289 Spokane International .................. 258,309 130,141 195.847 73.383 129,600 -170,784 113,856
New York, Susquehanna and Western* ... 223,290 184,905 26737 74369 Spokane, Portland and Seattle .......... 2.565,188 2,220,077 1.192.206 778,062 950.000 565.566
Pittsburgh and Lake Erie .............. 5,707,356 4.224.230 4,430,078 2,897.919 2,299,361 1,781,223 1.295,475 1.727,300 Wisconsin Central** .................... 1.394.614 732470 674.565 6.250 407,263 --
Pittsburg and Shamut ................. 308,443 260,820 240,946 202,488 d 8.19 ---
Pittsburgh and West Virginia .......... 628,922 582,671 426.596 388.863 328.999 352.488 305,000 305,000 Central Western Reglon Total ......... 100,164,504 83.594.126 107.209.554 85.549,138 89.970.321 72.475,450 42,463.637 40,065.881
Wabash ................................ 5.416,111 4.638,971 4.234.320 3.453,414 2,828,496 2.815,929 1.399.635 1,399.635
Atchison, Topeka and Santa eo J/ ....... 33.441,742 26,645,483 31.002,844 24.352.491 31.568,000 24.863,803 6.067.650 7.958,440
Central Eastern Region Total ........ 73.217.567 58,999,902 36,775,266 23,800,797 27,397,684 20,121,483 13,692,972 10,624.362 Chicago, Burlington & ouincy ........... 12,943.062 9,703,623 10.977,360 7,796,398 10,244,200 7.448,200 2.562,580-
Chicago, Rook Island and Pacific ....... 11.434,527 8.780,218 10.419.993 7.540.483 6,760.000 4,.569,000 2.227,535 2.290,294
Akron, Canton and Toungstown .......... 434,592 303,548 394,478 256,966 325,571 162,280 106.218 95,939 Colorado and Southern ................ 930.199 715.817 924,285 759,870 785,333 727,134 -
Baltimore and Ohio .................... 19,336.560 18,548,568 10,605.865 9.684,071 4,936.105 4,624,692 Colorado & Wyoming ..................... 256.621 149,487 237,697 132,355 246.000 115.800 110,000
Bessemer and Lake Erie ................ 2.013,186 1.343.612 1,916,326 1,276.938 1.939.352 1,664,535 209,988 209.988 Denver and Rio Grande Western .......... 5.266,311 3.795,801 3,941.828 2,400,936 3,895.700 2,614,325 2,329,919 2.329.919
central R. R. Co. of New Jersey ....... 1,747,488 1,685,835 227,179 1,399,434 6,858 197.950 915,050 Fort Worth and Denver .................. 1,307,747 1,287,678 899.249 743.317 736,191 642,675
Chicago & Eastern Illinois ............ 1,788,408 1700.447 1.093,155 1,026,668 422,800 608,600 973,117 191,876 Northwestern Pacific ................... 24,576 124,604 33,697 134,667 48,013 199,679
Chicaop & Illinois Midland ............ 313842 96,637 273.390 73.671 275,085 66.388 Sacramento Northern .................... 676,677 102,478 359.667 d 22.126 347,200 --
Chicago. Indianapolis and Louisville .. 859,637 764.072 529.035 438,458 374,000 477,000 429,642 429.642 Southern Pacific Co., Incl. Leased Lines 20,601,452 21,927.520 20,546.508 18.464465 14.783,085 14,098.122 13.570,683 11.935,957
Detroit, Toledo and Ironton ........... 1,183,782 1,039,309 1,053,875 888,251 771.735 895.319 Southern Pacific Tranp. System ..... 26,400,313 27,479,388 25.582,011 23,282,369 20,350.083 19.511,641 13.570,683 11.935,957
lgin. Joliet and astern ............. 2,046,320 1,185,018 1,942,369 1,123,236 3,060.120 1,947,690 Toledo, Peoria & Western .............. 480.540 427,264 454,978 408,360 540,899 446,646 104,000 60.000
Illinois Terminal ..................... 427,752 314,271 170.508 88.318 61,207 154.967 100.000 Union Pacific Incl. Leased Lines ....... 9,490,798 7,897,087 24,370,757 21,365.479 17.000,000 15,100.000 13.105,412 13.105.412
Long Island** ......................... d 1.45.186 d 2.540.81 d 2.626.322 d 3.775.788 Utah ................................... d 71.411 d 96.O10 d 73.146 d 97.440 -
Missouri-1ll1nois ..................... 469,369 368,065 483,147 380,323 478,000 321,600 Western Pacific........................ 3,383,663 2,133.076 3.113,837 1,770.883 3,015,700 1,650,066 2,385.858 2,385,859
Pennsylvania .......................... 34,943.353 26,197,483 15.338.953 6,429,240 8,311,000 2,558,000 9,875.816 6,583,877
Pennsylvania-Reading Seashore Lines ... d 1.946.008 d 1.7.9.080 d 2.328.758 a 2.144.913 311,692 252,719 -
Reading ............................... 6,939.322 6,227,569 5.058,174 4,621,849 3.329.759 3.708,143 2,098,191 2,097.990 Southwestern R.Blon Total ............ 48,137.882 44.548.470 33.236.786 29.522.391 28,726,858 29,426,560 11.624,335 9.518.333
Staten Island Rapid Transit ........... d 224.271 d 89 464 1 441.18 0.561 -
Western Maryland ...................... 4,229,421 3.614,847 3,087,010 2.337.638 2,794,400 2,481.600 Beamaont, Sour Lake & Western** ........ 945,066 785,023 1,001,712 822,159 613.956 949.000 -
International-Great Northern** ......... 1,698.501 1,284,499 618,103 250.505 73,000 55.000
Pocahontas Region Total ............. 36,606.778 39,083.350 29.934,235 33.438,266 20.152.971 28.284,213 22,599.609 22.463.811 Kaneas ity Southern ................... 3.808,555 3.333.547 2,982.576 2,591.532 3.079,200 3.187,700 1,693.998 1,693.998
anslas, Oklahoma & Gulf ................ 588.534 528.071 532,964 475.900 591.055 585,999 344.232 344,223
Atlantic and Danville ................ 61,877 68,583 21,544 2),804 2,667 Louisiana & Arkanas ................... 2.537,060 1,901,220 2,317181 1,655,162 1,851500 1,468,000 -
Chesapeake and Ohio ................... 23,069,661 22446,384 17.333.678 17,393,697 8.525.000 12,325,000 12,067,201 12,034,747 Midland Valley ......................... 122,040 4.696 101,042 2.55 73,121 4,772
Norfolk and Western ................... 8.939.358 10.929.875 8.855.172 10,966.295 7,775,000 10.525.000 8,658.800 8,658,800 Missourl-lansas-Texas .................. 4.175.450 3.88745 2,918,614 2,592.872 2,443,000 2.259.000 1.667.512
Richond., Fredericksburg and Potomac .. 1.524,450 1.720,414 1.498,211 1,750,944 1565.150 2,252,820 310,032 206,688 issouri-Pacific** ..................... 10,498.767 10,801,004 4,486,238 4,634.426 935000 2,525,000 -
Virginian ............................. 3.011,432 3.918.094 2,225630 3.303.526 2,285.154 3.181,393 1.563.576 1,563.576 New Orleans. Texas & Mexico*'.......... 505.089 1.132.117 568.78 46,263 324.955 95,000 -
Oklahom City-Ad-Atoka .................. 90.08 64.960 75.224 62,421 51.642 75.445 -
Southern Retgon Total ............... 85.330.894 71,894.950 65,803,599 52.363,684 55,029.767 54,817.649 22,210,843 17.385.31 St. Louis, Brownsville and Mexico** .... 1,396,087 560.989 1,064.575 282,774 1 204.&52 388.000
St. Louis-San Francisco ................ 5.752.977 5.414.189 3.753.508 3.392441 2,896,741 1.900.900 5.284,628 4,846,147
Alabama Great Southern ............... 1.194741 658.164 1,088.152 557,702 775,000 740.000 896.828 896.828 St. Louis, San Franciso and Texas ..... 250.674 318276 247.417 311.752 340,228 157.488 -
Atlanta & Saint Andrew Bay ............ 260,232 244,876 268531 248,812 430,988 347,510 2,459.984 24,000 St. Louis Southwestern ................. 4.681,497 4,633,302 4,485.881 4,305,704 6,329,714 6,814,491 1,853,240 1,853,240
Atlanta and West Point ................. 98135 126,150 113.625 143.476 43,448 118.866 San Antonio, Uvalde & Gulf *........... d 361 148.682 d 453.709 d 228.619 -
Atlantic Coast Line ................... 4,956,814 6,844,566 5.779,765 8,023,153 3,700,000 10,050.000 2,062,453 2,062,453 Texas and Hew Orleans .................. 5.798,861 5,551868 4.985.503 4.767.904 5.566,998 5.413.519
Central of Georgia .................... 1.815,413 1.308.783 1.284,830 803,466 651,991 386,174 Texas and Northern ..................... 156,486 93.508 155,912 92.599 238,300 145.400 -
Charleston & Western Carolina ......... 425,608 342,044 255,652 174,609 195.000 130,000 Teas and Pacific ...................... 5300,686 4,282,112 4,392.071 3.398.399 3.366,000 3,266,846 780,725 780,725
Cincinnati, HNo Orleans & Texas Pacific 3.753,920 2.438,549 3,036,439 1,745,625 3,385,000 2.955,000 1,845.112 1.845.112 Texas Mexican .......................... 192672 168.418 140,732 120712 157000 135000 -


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


&/ Includes Atchison, Topeka & Santa Fe By.. Olf. Colorado & Santa Fe By.. and Panhandle & Santa Fe Ry.
i Data not included in totals. Includes Southern Pacific Copany, Texas and Nev Orleans R. R. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE : 1953 0 270320




LS I 5tC, 7 .1 7r ;


Subject to revision


UNIVERSITY OF FLORIDA

llIIIIIIIIIIIIII IIIIIIIIIIIIiiii INTERSTATE COMMERCE COMMISSION
3 1262 08851 3105 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
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


Income Items


-.. -.-.,.


.3
/






1~rj
/


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 jl ....................
6-03. Amortization of discount on funded debt ...
6-04. Total fixed charges ..................
7. Income after fixed chores ...................
8. Other Deductions ..................................
9. Net income ...................................
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ..............................
12 Dividend appropriations:
12-01. On common stock ........................
12-02. On preferred stock .......................
Ratio of income to fixed charges (Item 5+6-04) .


I I~


UNITED STATES


EASTERN DISTRICT


POCAHONTAS REGION


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


$99 672 830
20 210 605
119 883 435

3 962 591
115 920 844

6 486 395
27 158 663
278 921
33 923 979
81 996 865
2 764 607
79 232 2 56

42 591512
58 692 592

17 406 286
6 300 712

3.42


$68 100 110
25 188434
93 288 544

3 776 772
89 511 772

6 476 14 5
26 466 277
258 842
33 201 264
56 310 50 8
2 882 097
53 428 411

40 260 409
31 693 146

19 153 711
2 716 753

2.70


1953 1952


$548 696 767
111650 957
660 347 724

24 535 371
635 812 353
37 623 495
162 778 755
1 497 659
201 899 909
433 912 444
16 807 381
417 105 06 3

248 780 155
315 635 000

124 677 514
45 348 361

3.15


8442 563172
107 286 608
5A9 849780

24 659 471
525190 309

39 273 582
158 203 060
1463 056
198 939 698
326250611
17438446
308 812 163
237 845 783
266 814 210

113 435 332
41126 870

2.64


$34 469 726
6 761 589
41231 315

618 967
40 412 348

5 398 547
11 765 224
88 4 2 5
17 252 196
23 160 152
1 409 887
21 750 265

16 520 873
14 397 904

3 442 687
616 358

2.34


1952


$16 204 753
6 942 250
23 147 00 3

716 050
22 430 953

5 448 676
11 244 219
91 060
16783955
5 646 998
1 413 870
4 233 128

15 469 110
810 064

2 618 78 5
1 174 482

1.34


4188 754 574
37 338 238
226 092 812

6 443146
219 649 666

31 600 986
70 545 436
476 371
102 622 793
117 026 873
8 634 816
108 392 057
94 711 029
69 223 970

21 080 218
9 052 862

2.14


$136 980 264
37 824 355
174 804 619

6 021 332
168 783 287

32 951 560
67 639 297
462 008
101 052 865
L7 730422
8475796
19 254 626

89 077 107
47 595142

17 771 446
7 656 007

1.67


1953


$9 045 923
690277
9 736 200

375 242
9 360 9 56
7 830
1 417 789
14 673
1 440292
7 920 666
8651
7 912 015

3 126 4 88
5 441 712

309 702


6.50


1952


$7 145 582
646 302
7 791 884
434 555
7 357 329

6 259
1 377 317
14 278
1 397 854
5959 475
8711
5 950 764

2 974 089
4 630 949

413 376
2

5.26


$45 652 701
3 385 543
49 038 244

2 587 870
46 450 374

46 314
8 418 929
86 849
8 552 092
37 898 282
52 032
37 846 250

18 440 990
25 594 663

22 391 2 C 5
518 106

>.43


$46 228 932
4127235
50 356 167
2 703 967
47 652 200

44 620
8 086 447
79724
8 210 7 91
39441409
52 379
39 389 030
17 761 158
32 915 162

22 348 182
529 007

5.80


EASTERN DIsTRiCT
INCLUDING SOUTHERN REGION WESTERN 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

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 19D2


1. Net railway operating income ..................... $43 515 649 $23 350 335234 407275 $163 209 196 $15714591 13 565 316 $101 045 485 $865460266 $40442 590 $31184 459213244007 $173 6 9371C
2. Other Income ...................................... 7 451866 7588552 40723781 41951590 3309351 3064275 12859814 12476462 9449388 14535607 58067362 52858556
3. Total income .................................. 50 967 515 30 938 887 275 131 056 225 160786 19 023 942 16 629 591 113 905 299 97 936 728 49 891 978 45 720 066 271 311 369 226 752 266
4. Miscellaneous deductions from income ............... 1194209 1150605 9031016 8725299 827817 773294 4441777 4732575 1940565 1852873 11062578 1120159'
5. Income available for fixed charges ............ 49 773306 29 788282 266100040 216435487 18196125 15 856 297 109463522 93204153 47 951 413 43867 193 260248791 215 55066E
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 5406 377 5 454 935 31647 300 32 996 180 880 187 869732 4 906308 4830396 199 631 151 478 1 069 867 144700C
6-02. Interest deductions / ...................... 13 183 013 12 621 536 78964365 75725 744 4 032 797 3 929 747 24 124500 23198643 9 942 853 9 914 994 59689 890 59 278672
6-03. Amortization of discount on funded debt ... 103 098 105 338 563 220 541732 42 925 25 215 181913 166 021 132 898 128 269 752 526 755 303
6-04 Total fixed charges ..................... 18692468 18181809 111174885 109263656 4955909 4824694 29212721 28195060 10275582 10194761 61512303 61480982
7. Income after fixed charges .................... 31 080818 11 606 473 154925155 107 171 831 13 240216 11 031 603 80250801 65 009 093 37675 831 33 672 432 198 736488 154 069 68a
8. Other Deductions ...................................... 1418 536 1422581 8686848 8528175 241 347 302903 1448 333 1916709 1104722 1156613 6672200 6993 5 6
9. Net Income ................................. 29 662 280 10 183 892 146 238 307 98 643 656 12 998 869 10 728 700 78802 468 63 092 384 36 E71109 32 515 819 192 064 288 147 076 122
10. Depreciation (Way and structures and Equipment) ... 19647 361 18443199 113 152 019 106838265 5882 899 5 819174 34 725 603 33988533 17061252 15 998036 100902 533 97018985
11. Federal Income taxes ........................I..... 19839 616 5441033 94818653 80510304 86271538 6 357 C36 63656905 61175285 30225 838 19894477 157 159 442 125 128621

12. Dividend appropriations:
12-01. On common stock .......................... 3 752 369 3032161 43471423 40119630 1879580 1 521 173 21523 028 16297715 11 774 317 14 600 377 59683 063 57017987
12-02. On preferred stock ........................ 816 358 1 174 484 9 570968 8185 014 10223 364 521 2 577618 2 973 32C 5 474 131 1 177 748 33 199 775 29 968 536
Ratio of income to fixed charges (Item 5+6-04) 2.66 1.64 2.39 1.98 3.67 3.29 3.75 3.31 4.67 4.30 4.23 3.51



UNITED STATES UNITED STATES
Selected Expenditure and Asset Ite. Selected Liab Items Items B NIT EDE ANALYSIS OF NET INCOM--ALL CLASS I RAILWAYS *
Balance At the end of June Balance at the end of June
1953 1952 1953 1952
195 Reports showing Reports showing
17. Expenditures (gross for additions and betterments- $180,174570 180,01840. Funded debt maturing within 6 months 2/ .$156,313,472 $154,354,165 Period Net Income Net Deficit

18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable / 2,808,267 4,248,381 Number Amount Number Amount
Equipment 464,508,844 539,196,073 42. Traffic and car-service balances-Cr. 104,529,951 103,116,110
19. Investments in stocks, bonds, etc., other than those 4. Audited accounts and wages payable 529,061,020 545,474,399 June ...... 1953 105 $81,405,194 17 $2,172,936
of affiliated companies (Total, Account 707) 457,085,737 482,528,141 44. Miscellaneous accounts payable 218,257,267 216,549,251 June ...... 1952 99 59,558,103 21 6,129,692
20. Other unadjusted debits 94,217,753 106,918,448 42. Interest matured unpaid 47,581,193 49,820,195 6 months .. 1953 105 431,078,707 17 13,973,644
46. Dividends matured unpaid 18,677,892 19,363,935 6 months .. 1952 100 328,733,149 21 19,920,986
21. Cash 875,345 551 806,951,318 47. Unmatured interest accrued .-- 66,846,041 63,073,596
22. Temporary cash investments 879,287,626 820,544,413 4g. Unmatured dividends declared 23,278,103 20,754,340
24. Special deposits 92,163,086 89,281,098 49. Accrued accounts payable 221,840,871 250,051,309
24. Loans and bills receivable .. ..... 636,561 1,156,768 50. Taxes accrued 768,106,277 757,455,088
25. Traffic and car-service balances-Dr. 70,310,490 58,383,156 51. Other current liabilities 97,161,971 96,072,124
26 Net balance receivable from agents and conductors 179,754,145 156,545,216
27. Miscellaneous accounts receivable 358,933,596 396,537,070 52. Total current liabilities (items 41 to 51 ) 2,098,148,853 2,125,978,728 EBludes 4 roads whose nmt income (or deficit) was
28. Materials and supplies 833,256,060 904,853,069 absorbed by the controlling company. The six months
29. Interest and dividends receivable 11,190,245 14,582 53 53. Analysis of taxes accrued: of 195B also aecludes 1 road which reported me net
30. Accrued accounts receivable 227,242,258 221,859,697 53-01. U. S. Government taxes....... 582,779,732 573,113,837 income for this month.
31. Other current assets 35,941,156 33 947,138 53-02. Other than U. S Government taxes 185,326,545 184,341,251
32 Total current assets (items 21 to 31) 3,561,o60,77 3,502,641,477 54. Other unadjusted credits ...........277,718,510 298,099,845


d Decrease, deficit, or other reverse item.
I/ Represents accruals, Inoluding 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.
2/ Includes obligations which mature not more than one year after
date of issue.


Statement No. M-125
JUNE 1953,








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS



SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE SIX MONTHS ENDED JUSN 1953 AND 1952


--1 -- ~ --- -- --1- r- ` ----------3 -I- 0 -~____ _______ _______ __


Region and railway


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


NET RAILWAY OPERATING
INCOME


1953


NET INCOME


FEDERAL INCOME
TAXES


I, i I i I 0 sI


1953


1952


DIVIDEND
APPROPRIATIONS


1952


1953


Region and railway


NET RAILWAY OPERATING
INCOME


NET INCOME


FEDERAL INCOME
TAXES


1952


DIVIDEND
APPROPRIATIONS


I -I ------- ------t-__________ 4.e--


1953


-t I I I 1 1 ------ 4 -4- 4---- -4- 4 -- I -


$548.696,767 $442.563,172 $417,105,063 $308,812,163 $315,635,000 $266,814,210 $170,025,875 $154,562,202 Southern Region Continued


Eastern District Total .............. 188,754,574 136,980,264 108,392,057 59.254,626 69,223,970 47,595,142 30,133,080 25.427,455

Eastern District Incl. Pocahontas
region Total .................... 234,407,275 183,209,196 146,238,307 98,643,656 94,818,653 80,510,304 53,042,391 48,304,644

New England Region Total ............ 9,892,922 8.717,457 3.482.731 2,584,474 3,603,594 3,417,624 2,133,308 1,309,917

Bangor and Aroostook ................. 1,283,920 1,094,729 750,760 764,299 689,489 659.606 95,700 95.700
Boston & Maine ........................ 2,531,642 1,994,118 604,796 125.535 948,383 617,741 -
Canadian National Lines in New England d 712.866 d 735.82 d 785.907 d 808.717 -
Canadian Pacific Lines in Maine ....... 429,222 383,577 -
Canadian Pacific Lines in Vermont ..... d 500.009 d 458,121 -
Central Vermont ....................... 428.725 d 21.066 d 404679 d 9.415 -
Maine Central ......................... 1,369,212 1,499,048 712,301 960,209 707,722 986,277 39,793 39,735
New York Connecting .................. 523,519 395.965 194,271 5,015- -
New York, New Haven and Bartford ...... 4,611,326 4,669,865 2,490,592 2,488,823 1,258,000 1,154,000 1,997,815 1,174,482
Rutland ............................... d 71.76 d 104.796 79.403 d 101,275 -

Great Lakes Region Total ........... 88,213,306 61,479,241 57,782,564 32,201,889 31,269,972 24,646,254 13,608,492 12.303,032

Ann Arbor ................................ 535,554 383,088 442,945 293,225 268,641 131,622- -
Cambria and Indiana ................... 466,772 328,708 448,909 326,155 318,112 354,180 180,000 120,000
Delaware and Hudson ................... 4,639,046 3,329,177 3,618,583 2,437,625 250,000 1,395.000
Delaware, Lackawanna and Western ...... 5,291,589 4,735.568 3.545.106 2,582,838 1,867,497 1,518,992 844,412 422,206
Detroit and Mackinac .................. 152,415 134,798 153.393 116,828 110.535 99,729- -
Detroit and Toledo Shore Line ......... 715,044 536,799 684,215 492,143 608,773 439,550 120,000 120,000
Erie .................................. 10,318,186 8,531,919 6,895.917 5.223,632 4,941,698 3,074,114 3.852,066 3,852.066
Grand Trunk Western ................... 3,907,915 980,256 1,915,222 d 771.135 3,815 5,920- -
Lehigh and Hudson River ............... 223,456 213,009 228,598 218,228 171,653 134,512 140,910 140,910
Lehigh and New England ................ 698,007 908,811 615,838 812.934 462,142 718,794 340,000 680,000
Lehigh Valley ......................... 5,200,826 5.535,557 3,244,461 3,648,384 1,148,500 1,760,400
Monongahela ........................... 3.145 290,460 d 225.401 d 19.829 31.993 106,821 -
Montour ............................... 266,621 244.480 245.977 231.991 210,758 161,347 -
New York Central ...................... 30,220,032 14,633,138 16.694,394 1,810,277 5,098.596 1,887,391- -
New York, Chicago and St. Louis ....... 11.052,103 10,155,920 8,990,092 8,161,597 9.249.000 7,933,000 2,938,240 2,937,729
Now York, Ontario and Westrn** ....... d 196.734 d 218,652 d 934289 d 938.311- -
New York, Susquehanna and Western ... 270,916 242,301 d 10,719 d 65,996 ---
Pittsburgh and Lake Erie .............. 6,944,137 4,240,779 5,461,514 3,016,220 2,862,740 1,440,305 2,590,950 1,727,300
Pittsburg and Shawnut ................ 377,045 318,981 296,230 249,123 d 8.19 -
Pittsburgh and West Virginia .......... 747,289 617,263 503,567 382,948 378,190 314,778 305,000 305,000
Wabash ............................... 6,379,942 5,336,881 4,968,012 3,993,012 3,295,524 3,169,799 2,296,914 1,997,821


Central Eastern Region Total ........

Akron, Canton and Youngstown ..........
Baltimore and Ohio ....................
Bessemer and Lake Erie ................
Central R. R. Co. of New Jersey .......
Chicago & Eastern Illinois ............
Chicago & Illinois Midland ............
Chicago. IndianaDolis 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 ......................


Pocahontas Repion Total .............

Atlantic and Danville .................
Chesapeake and Ohio ...................
Norfolk and Western ...................
Richmond, Fredericksburp and Potcmac ..
Virginian ............................


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


90,648,346


509.835
23.779.165
2,793,675
2,339,740
2.114,471
354,781
944.045
1,405,829
2,341,792
541.875
d 910.724
548.350
42.690,362
d 2.242.748
8.424,718
d 243.736
5,256,916


45,652,701


57,710
28.566,435
11,672,611
1,772,053
3.583,892


o01,045,485


1,481.304
311.146
115,039
5,398,778
2,168,615
513.968
4,528,973


66,783.566


47,126,762


24,468,263


34,350,404


19.531,264


14,391,280


11,814,506


I i 4- 4 i c I


331,978
21,115,472
1,565.465
2,094,351
1,975,345
56.888
826.637
1,171,801
1,045,006
382,914
d 2.509.156
435,929
29,462,349
d 2.118,438
7.068,429
d 109.946
3,988,542


46,228,932


460,698
13.624,711
2,674,096
472,200
1,275.769
305,298
548,316
1,244,661
2,215,355
235,741
d 2.420.170
564,596
19,100,362
d 2.704.248
6,158,697
d 505.458
3.876,138


37,846,250


275,723
10,743,790
1.475,024
1,492,054
1.144,934
27,818
435,641
991,202
966,516
112,178
d 4.oo. 102
450,164
5,740,457
d 2.581,438
5.100,737
d 368.069
2.462,634


377,615
6,577,855
3.054,982
8,547
459,604
309,585
359.000
867,657
3,529,796
89,907

568,000
10,539,000
374,031
3,715,425

3.519,400


39,389,030 25594,683


164,417
3.717.473
1,546,729
229,110
598,100
16,388
475,000
984,749
1,400,771
149,667

362,500
3,069,000
323.485
3,937,075

2,556,800


32,915,162


105,048

209,988

973,117

429,642





9,875,816

2,797,669


22,909,311


1 1 1 _


65,649
26,660,508
13,036,993
1,965,902
4,409,880


12,473
21,689,723
11,776,788
1.735.359
2,631,907


11,799
20,557.452
13,086,164
2,002,955
3,730,660


3,334
11,145,000
10,125,000
3,661,150
2,660,199


14,325,000
12,350,000
2,540,320
3,699,842


I I 1 1 1 -


85,460,266


733,565
288,074
133.334
7.602,392
1,422,009
364.453
3.080.703


78,802,468


1,894,352
321,383
131,901
6,220,309
1,533.538
310,386
3,668,118


63,092,384


63,656,905


61,175.285


12,066,871
8,658,800
620,064
1.563,576


24,100,646


95.939

209,988
915,050
191,876

429,642
490,666

100,000


6.583.877

2,797,468
-


22,877,189


12,034,749
8,658,800
620,064
1,563.576


19,271,035


I -4-44.i -4


1.153.490
293.570
152.665
8,717,876
812,718
161,561
2,246,456


910,000
507,471
45.367
3,350,000
736,891
255,000
4,130,000


815,000
408,910
128,642
10.275,000
371.174
115,000
3,375.000


896,828
2,459,984

2,062,453


1,855,335


____ _--~L_ 3 _____.1_ ......I _____ 1 L I _


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


896,828
24,000

2,062,453


1,855.335


Clinchfield ............................
Columbus and Greenville ................
Florida East Coat** ..................
Georgia R. B. Lessee Organization..
Georgia & Florida* ....................
Georgia Southern and Florida ..........
ulif. Mobile and Ohio .................
Illinois Central .......................
Louisville and Nashville ...............
Mississippi Central ....................
Nashville, Chattanooga & St. Louis .....
New Orleans and Northeastern ..........
Norfolk Southern ......................
Seaboard Air Line ......................
Southern ...............................
Tennessee Central .....................
Western By. of Alabama .................


$4,588,013
98,276
2,904,409
822,753
96,930
485,644
5,782,729
15.158,883
17,225.029
138.115
2,959,671
1,174,069
360,213
12,889,481
21,430,423
183,368
229.656


229.-6- --- -18 ..7..............
Western District Total ............... 213,244,007 173,893,710 192,064,288 147,076,123 157,159,442 125,128,621 92.882,838 86,986,523

Northwestern Region Total ............ 33,455,764 18,088,441 20,852,603 5,768,995 14,615.366 5.392,896 21,967,438 21,699,154

Chicago and North Western .............. 1,371,179 d 1.794.242 d 1.009.091 d 4.182.235 2,970,185 2,330,453
Chicago Great Western .................. 1,771,732 1,809,621 1,256,497 1,281,727 838,000 897,000 649,837 540,006
Chicago, Milwaukee, St. Paul and Pacific 5,874.932 4,392,993 2,383,650 797,261 750,000 471,000 7,716,468 7,616,108
Chicago, Saint Paul, Minneapolis & Omaha d 1.328.977 d 1.228.481 d 214.028 2406.4 -
Duluth, Missabe and Iron Range ......... 2,949,049 d 1.136.243 2,666,289 d 1.338.785 3,721,700
Duluth, South Shore and Atlantic ....... 294,397 186,744 177,915 78,854 120,000
Duluth, Winnipeg and Pacific ........... d 82.441 270,055 d 294.443 54,967- -
.reat Northern ......................... 9,727.507 6.216,697 9.307,075 5,898,008 4,218,031 1,675,000 6,090,689 6,085,122
Green Bay & Western .................... 262,053 115,344 272,784 95,937 283,713 155,405 125,000 125.000
Lake Superior & Ishpeming .............. 368,670 54.525 367,202 68,445 177.026 224,910 149,940
Minneapolis & St. Louia ................ 908.994 789,640 850,408 775,104 636,035 624,430 3CC.000 300,000
Minneapolis, St. Paul & S. S. Marie .... d 479,018 d 26.1 d 479.004 298 719,104
Northern Pacific ....................... 6,775.415 4,792,847 5,410,870 3,672.468 2,180,000 810,000 3,719,565 3.719,565
Spokane International .................. 332,367 203.343 257,930 135,170 158,300 170.784 113.856
Spokane, Portland and Seattle ......... 3,064,976 2,728,898 1,413,307 997,418 1,030,000 760,061
Wisconsin Central* .................... 1,644,929 712,910 785.242 158.8&7 502,263 -


$4,714,100
44,249
3,182,794
847,639
84,013
433,752
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
227.774


$105,432
659,120

d 388,024
344,422
4,434,489
11,297,998
15,732,340
103.892
2,303,511
1,216.554
301.934
11,405,864
16,954,370
35,067
215.512


$54,828
921.758

d 387.421
287,310
3,654,734
8,843,234
11,646,192
118,188
1,961,820
814,379
446,127
10,385.348
10,592,553
d 2.200
217,198


$488,730
122,600
745,000


395,000
3.837.000
11,745,000
11,761,756
105,105
1,701,933
1.435,000
295,468
6.105,000
14,859,637
d 6.698
131.645


$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

177 7531


$24,375




2,438,746
3.834,674
4,680,000
60.358
511.967

327.761
3,325,415
1,622,750


$19,500




1,625.831
3.155.685
4,680,000
60,358
447.971

269,820
2,875.054
1,298.200


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

Atchison, Topeka and Santa Fe a/ .......
Chicago, Burlington & Quincy ...........
Chicago, Rock Island and Pacific .......
Colorado and Southern ..................
Colorado & Wyominp .....................
Denver and Rio Grande Western ..........
Fort Worth and Denver ..................
Northwestern Pacific...................
Sacramento Northern ...................
Southern Pacific Co., Incl. Leased Lines
Southern Pacific Tranep. System B/ .....
Toledo, Peoria & Western ...............
Union Pacific Incl. Leased Lines .......
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-Pacific** .....................
New Orleans, Texas & Mexico** ..........
Oklahoma City-Ada-Atoka ................
St. Louis, Brownsville and Mexico** ....
St. Louis-San wrancieco ................
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 ..........................


121.850,719

40,852,613
14,682,612
14,078,689
1,124,033
279,965
6,202,525
1,703,611
255,731
775,704
25,171,622
32,135,188
561,637
12,074,434
d 59.649
4,147,192


57,937,524


1.14,305
2,029,686
4,404,331
680,532
3.146,887
145,067
5,097.547
12,656,856
590,999
101.556
1,558.155
7,186,855
253,888
5,642,323
d 355.165
6,963,566
179,471
6.293.625
219,240


101,954.466 130,682,239 105,079,724


33,099,753
10.755.897
11,478,784
763,826
174,580
4,432,627
1,482,739
237,913
d 21.226
27,756,989
34,203,811
466,854
8,693,028
d 131,397
2,766,099


53,850,803


962,811
1,420.438
3,952,170
589,203
2,318,784
d 28.997
4,674,414
12,861,362
1,294,150
69,413
846,076
6,744,094
380,321
5,750,259
d 256,589
6,446,822
120,243
5.493.980
211,849


38,118.191
12,422,022
12,834,831
1.124,969
258,766
4,619,290
1,205,686
266,833
399,331
24,601,427
30,654.349
528,603
30,549,668
S 59.,289
3,811.911


40,529,446


1,214,936
735,277
3,421,172
614,591
2,879,913
133,457
3,573,201
5.884.300
d 695.529
86,418
1,158,426
4,789,323
250,289
5.415,181
d 463.962
5,992,922
178.875
5,208,267
152,389


30,382.533
8,529,739
10,006,917
939.337
153,403
2,720,519
830,329
249,659
d 410.596
23,385,200
28,942,143
442,564
25,639,987
d 132.789
2,342,922


36,227,404


1,010,064
169,089
3.039,087
525.980
2.015,207
S 136.927
3,114,675
5.927,236
d 8.853
66,021
497.100
4.316.359
374,017
5,359,029
d 350.549
5,496,943
119,179
4.440,504
153,243


109,252,075


38,260,000
11,714,934
8,470,000
950,927
290.500
4,546,000
1,015,105
67,155
392,800
18,469,577
24.521,239
650,677
21.000.000

3,424,400


33,292,001


650.956
95,000
3,399,200
672,196
2,282,500
108,238
3,014,000
1,095,000
274,955
62,836
d 175.552
3,782,741
338,228
7,372,941

6,051,662
280,900
3,.799,000
187.00


87,038,668 1 57.676,583 54,988.311


30,525.836
7.977.636
6,449,000
798,109
104,800
2,929,325
672,070
369,142

17,377.533
23,192,670
484,551
17,400,000

1,950,466


32,697,057


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


--I I- I----- II- -L. I


15,239,620
5,979,355
4,455,061

110,000
2,329,919



13,570,683
13,570,683
104,000
13,105,412

2,782,533


14,026,090
5,979.355
4.580,571

110,000
2,129,919



11.954.431
11,954.431
120,000
13,105,412

2,782,533


13,238,817 10,299,058


1.693,998
344,232


2,501,269




5,284,628

1,853,240



1,561.450


1,693.998
344,223







4,846.147

1,853,240



1,561,450


a/ Includes Atchison, Topeka & Santa Fe Ry., (ulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.
SData not included in totals. Includes Southern Pacific Comnany, Texas and New Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE : 1953 O 270320


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Subject to revision


UNIVERSITY OF FLORIDA


3 1262 08851 2941 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

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

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


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items 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 o
1953 1952 3953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating income ...................... $94 427 908 $61 161 230 643 257 676 $503 724 403 $31498238 $11 789 450 220 385 812 148 769 714 47650 721 $4 562 222 $53 303 422 50791154
2. Other Income ....................................... 17 366 199 16 801 393 128 668 713 124 338624 5 714 057 6 342 947 42 703 852 44 417925 745 078 675 875 4 130 621 4803110
3. Total income ............................... 111794 107 77 962 623 771 926 389 628 063 027 37 212 295 18 132 397 263089 664 193187639 8 395 799 5 238 097 57 434 043 55 594264
4. Miscellaneous deductions from income .............. 3145749 3142650 27500203 27976931 494 148 569347 6756376 6765488 333995 409137 2921865 3113 104
5. Income available for fixed charges ........... 108648 358 74 819 973 744 426186 600086096 36 718 147 17 563050 256333288 186 422 151 8 061 804 4 828960 54 512178 52481 160
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 6197291 5 974 107 43546 858 45 308138 5290627 5084462 36617686 38096470 6 415 7000 52729 51 620
6-02. Interest deductions i .................... 27296039 26861 772 190129470 185 052 913 11766 049 11589798 82366160 79217177 1405975 1374290 9824904 9460737
6-03. Amortization of discount on funded debt ... 256 884 245 445 1759 370 1722 137 79 169 79 368 560 367 555 013 16 876 14 287 103 725 94 011
6-04. Total fixed charges .................. 33 750214 33 081 724 235435698 232 083188 17135845 16753628 119 544213 117868660 1429266 1395577 9981358 9606366
7. Income after fixed charges ................... 74 898 144 41 738 649 508 990 488 368 002 908 19 582 302 809 422 136 789 075 68 553 491 6 632 538 3 433 383 44 530 820 42 874 792
8. Other Deductions ................................. 2 909 774 3223 885 19764055 20675979 1469633 1398878 10151349 9888320 8 078 8703 60110 61082
9. Net income .......................................71 988 370 38 514 764 489 226 433 347 326 929 18 112 669 9 589 456 126 637 726 58 665 171 6 624 460 3 424 680 44 470 710 42 813 71C
10. Depreciation (Way and structures and Equipment) ... 42 155 656 40706 914 290935812 278552697 15 889 561 15 515 676 110600 591 104 592783 3135 439 2 994 932 21576429 20756090
11. Federal income taxes .................................. 51 878 806 26 052 063 367 386 806 292866274 10509 543 ~ 1 525415 79 606 513 46 069728 3 957 987 1 686 949 29 552 670 34602111
12 Dividend appropriations:
12-01. On common stock ........................... 19 780 491 6 862 885 144 458 005 120298 217 12 155 392 948 013 33235 610 18719 461 6 128 22 391077 22 48 182
12-02. On preferred stock ....................... 4474 575 5 072 137 49822936 46199 007 840 512 1 798 853 9893 374 9454860 218850 219 901 736956 748908
Ratio of income to fixed charges (Item 5-6-04) 3.22 2.26 3.16 2.59 2.14 1.05 2.14 2.58 5.64 3.46 5.46 5.46

EASTERN DISTRICT
INOLU RING SOUTHERN REGION WESTERN DISTRICT
POCAHONTAS REGION
Income Items 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
1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1932

1. Net railway operating income ...................... $39 148 959 $16 351 672 4273 689 234$199 560 868 $14 531 941 $9 988 690 $115 577 426 $ 95448956 $40747 008 $34 820 868 253 991 016 208714579
2. Other income ....................................... 6 459 135 7 018 822 46 834 473 49221 035 2 241 709 2 222 759 15 101523 14699 221 8 665 355 7 559 812 66 732 717 60418368
3. Total income .................................. 45608 094 23 370 494 320523 707 248781 903 16773650 12 211 449 130678949 110148 177 49412 363 42 380680 320723733 269132947
4. Miscellaneous deductions from income ............... 828 143 978484 9678241 9878592 456 539 524 944 4898 316 5257519 1861 067 1 639 222 12923646 12 840820
5. Income available for fixed charges ........... 44 779 951 22 392010 310845466 238 903 311 163171111 11 686 505 125 780633 104890658 47551296 40 741 458 307 800 087 256 292 127
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 5297 042 5091 462 36670415 38148090 779 599 763 616 5685906 5 594 012 120 650 119029 1190 537 1 566 036
6-02. Interest deductions /V .................... 13 172024 12964088 92 191064 88677914 4052470 3989103 28176970 27187746 10071545 9908581 69 761 436 69187253
6-03. Amortization of discount on funded debt ... 96 045 93655 664092 649024 29609 30455 211522 196476 131230 12133 5 883756 876637
6-04 Total fixed charges ................... 18565 111 18149 205 129 525 571 127475 028 4 861 678 4 783 174 34074 398 32 978234 10323425 10 148 945 71835 729 71 629 926
7. Income after fixed charges ................... 26214 840 4 242 805 181 319895 111428283 11 455 433 6 903331 917062335 71 912 424 37227 871 30 592 513 235964358 184 662 201
8. Other Deductions.................................... 1477711 1407581 10211459 9949402 241353 301 582 1689686 2218291 1190710 1514722 7862910 8508286
9. Net income ................................. 24 737 129 2 835224 171108 436 101478 881 11 214 080 6 601 749 90016 549 69 694 133 36 037 161 29 077 791 228 101 448 176 153 915
10. Depreciation (Way and structures and Equipment) ... 19 025 000 18 510 608 132 177 020 125 348 873 5 962205 5 851 440 40687 808 39839 973 17168R451 16 344 866 118 070 984 113 363 8 51
11. Federal income taxes ................................. 14467 530 161 534 109 159 183 60671839 7093135 4 647 843 70750040 65823128 30318 141 21 242 686 187477 583 146 371 307
12. Dividend appropriations:
12-01. On common stock ........................... 12 155 264 948 013 55626 687 41067643 5 891 813 5 037 743 27 414 841 21335 458 1 733 414 877129 61 416 477 578 95 116
12-02. On preferred stock ....................... 1059 362 2 018 754 10630330 10203768 10222 10 222 2 587 840 2 983 542 3 404 991 3 043161 36604766 33 011697
Ratio of income to fixed charges (Item 5-6-04) 2.41 1.23 2.40 1.87 3.36 2.44 3.69 3.18 4.61 4.01 4.28 3.58


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Selected Liability Item ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *
Balance at the end of July Balance at the end of July
1953 1952 1953 1952
Reported showing Reports showing
17. Expenditures (gross) for additions and betterments-21387260 40. Funded debt maturing within 6 months 2/- .... ..... $163,802,115 $232,131,845 Period Net Income Net Deficit
Road $215,110,767 $213,847,260
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable / 2,536,358 8,035,599 Number Amount Number Amount
Equipment 528,838,144 594,567,090 2. Traffic and car-service balances-Cr.- 105,614,264 96,709,326
19. Investments in stocks, bonds etc other than those Audited accounts and wages payable 510,841,089 504,388,555 July ......1953 103 $74,390,204 19 $2,401,834
of affiliated companies (Total, Account 707) 461,390,539 495,601,040 44 Miscellaneous accounts payable 09,457,279 202,752,828 July ......1952 80 46,392,720 41 7:877,9)6
20. Other unadjusted debits 91,561,907 87,579,709 45. Interest matured unpaid 26,594,656 25,871,412 7 months ..1953 106 503,398,697 15 14,172,264
S46. Dividends matured unpaid 4,019,046 7,159,901 7 months ..1952 94 371,959,946 26 24,633,017
21. Cash 851,365,655 740,586,494 7-. Unmatured interest accrued 74,479,023 73,221,601
22. Temporary cash investments 956,104,950 870,891,138 4g. Unmatured dividends declared ..... 34,279,885 25,289,949
24 Special deposits. .. ........ 73,662,752 73,484754 49. Accrued accounts payable 220,401,133 205,351,880
24. Loans and bills receivable ........ 625,418 878,078 50 Taxes accrued 833,501,358 799,973,811
2. NTraffic and car-service balances-nDr. 6,133,925 66,795,163 51. Other current liabilities 92,034,080 90,714,841 eludes 4 roads whose net income (or deficit) was
26. Net balance receivable from agents and conductors 174,966,986 144,152,079 absorbed by the controlling cospwq. July 19821amd
27. Miscellaneous accounts receivable 358,779,441 370,928,721 52. Total current liabilities (items 41 to 51) 2,113,758,171 2,039,469,703 abths of 1953 also excludes 1 road which report
29. Materials and supplies 833,08receivable 1, 873692 13 13,851,4052 53 sis of t no nt income for thi south. The 7 moth of 1952
29. Interest and dividends receivable 228,30869,213 13,851,45032 53. Analysis of taxes accrued: also excludes 2 roads which reported no net inom
30. Accerued accounts receivable 228,308,965 204,580,032 53-01. U. S. Government taxes-........................... -631,567,693 600,248,509 for this month.
31. Other current assets 36,694,666 34,04,421 53-02. Other than U. S. Government taxes ... 201,933,665 199,725,302
32. Total current assets (items 21 to 31) 3,589,093,843 3,412,332,737 54. Other unadjusted credits ..-.....-..--...... 281,374,501 267,747,614


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


2/ Includes payments of principal of long-tera 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.


Statement
JUL


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it No. M-125
AY 1953




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N 12 1953 -
i]J-









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE SEVEN MONTHS ENDED JULY 1953 AND 1952


Page 2


NM RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDwED NET RAILWAY OPERATING FEDERAL INCOME DIVIDEND
INCOME TAIES APPROPRIATIONS INCOME oET INCO nTA S APPROPRIATIONS
Region and railway Region and railway

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

United States Total ................. $643,257,676 $503,724,403 $489,226,433 $347,326.929 $367,386.806 $292,866,274 $194,280,941 $166.497,224 Southern Region Continued
astern District Total .............. 220.385.812 148,769.714 126.637,726 58,665,171 79,606,513 46.069,728 43,128.984 28,174.321 Clinchfield ............................ $5,089,597 $5,279,030 $570,186 $566,083
Columbus and Greenville ................ 98,831 40.306 $106,825 $54.973 127,700 66,400 $24,375 $19,500
Eastern District Incl. Pocahontas Florida East Coast** ..................... 2,894,789 3,246,935 267,954 607,844 355,000 695,000 -
Region Total ..................... 273,689.234 199.560,868 171.108,436 101,478.881 109.159.183 80.671.839 66,257,017 51.271,411 Georgia R. R. Lessee Organization .... 952,563 958.197 -
Georgia & Florida* ..................... 111,587 92,276 d 494 744 d 460,54 -
New England Region Total ............ 10,648,094 8,439,890 3,367,068 1,661,195 3,765,304 3,476,201 2,153,374 1,329,794 Georgia Southern and Florida .......... 533,729 471,439 371,224 301,046 415,000 335,000-
Gulf, Mobile and Ohio .................. 6,627.188 5.784.956 5,071,957 4,205,935 4,352,000 3,944,000 2,438,747 1,625,831
Bangr and Aroostook .................. 1,413,168 1,110,146 772,712 743,791 692,326 595,486 95,700 95,700 Illinois Central ...................... 18,010,368 14,964,810 13,489 ,52 10,245,338 13,908000 911,031,000 383,674 3,5.85
Boston & Maine ........................ 2,807,037 1,900,021 557,943 d 282.471 974.959 644,209 Louisville and Nashville ............... 20,047,437 13,944,621 18,080,715 12,234,537 13,401,532 9,242,721 7,020,000 7,020,000
Canadian National Lines in New England d 816.270 d 921.971 d 901.070 d 1.006.247 -- Mississippi Central ................... 173,114 149,852 130.250 113.943 83.032 126.101 60,358 60.358
Canadian Pacific Lines in Maine ....... 319,699 233,197 Nashville, Chattanooga & St. Louis ..... 3,412,715 3,107,108 2,655,963 2,310,456 1,899,000 1,747,411 767,951 639,959
Canadian Pacific Lines in Vermont ..... d 647795 d 82899 New Orleans and Northeassern ........... 1,429,043 878,622 1,480,215 94,8048 1,705,000 1,305,000
Central Vermont ....................... 455,613 d 141.437 d 513.805 d 1.105478 Norfolk Southern ..................... 431,371 539,025 372,758 506,651 360,468 385,714 327,761 269,820
ine Central ......................... 1,502,000 1,625.295 727.574 999.005 672,019 1,020,506 59,859 59,612 Seaboard Air Line ...................... 14,579,146 13.510.833 12,878.131 11,.83.944 6.589.000 7,630,000 3.325,415 2.875,054
New York Connecting ................... 492,741 436,795 110,357 d 8,958 Southern ............................... 24,657,142 17,610385 19,340,700 12009,270 16,859,637 13,120,000 245500 2,596400
ew ork, ew Haven and Hartford..... 339,954 4,923,620 2,88,256 2,460305 1,426,000 1,216.000 1,997,815 1,174,42 Tennessee Central ...................... 187,725 151,684 11, 4 d 7, 00 d 6, 8 132 00 59600
Rntland ...............................d 218.053 d 142.877 d 234.899 d 138.752 -- Western B. of Alabama ................ 277,716 266,655 264,818 259,482 168,271 204,472 150,000 105,000
Great Lakes Region Total ............ 102,287,227 65,558,065 66,465.357 31832,030 35.715,841 23.735.544 26.304,748 13,791,897 western District Total ............... 253,991,016 208,714.579 228,101,448 176,153,915 187.477.583 146,371.307 98,021,243 90,906,813
Ann Arbor .....;....................... 615.334 379.913 506.631 284.706 316,286 4 9515 2 Northwestern Region Total ............ 42.901,540 21,487,499 27.316.326 5.863.348 20.834,912 5,889.915 25.008.560 24,742,315
Cambria end Indiana .................. 539,911 344,.235 520.652 337,911 368.132 377,199 180,000 120,000
Delaware and Hndson ................. 5.364.923 3.557,643 4.186,040 2.552.328 250,000 1,272,000- Chicago and North Western .............. 1,611626 d 2.295,149 d 1.177394 d 5.063,738 -- 2,970,185 2.330,453
Delaware, Lackawanna and Western ..... 5,984.295 5.175813 3,876,724 2,626,879 1,883,033 1,252,281 84,412 422,206 Chicago Great Western .................. 2,167,619 2,024,005 1,559,205 1,504,020 1,038,000 1,033,000 649,837 540,006
Detroit and Mackinac ..................... 181,700 156,928 179,349 134,600 136,142 118,778 Chicago, Milwaukee, St. Paul and Pacific 6,442,887 5,521,756 2,405,515 1.350.532 471,000 269,000 7,716,468 7,616,108
Detroit and Toledo Shore Line ......... 812,666 550,591 777,040 498,364 687,124 430,850 140,000 140,000 Chicago, Saint Paul, Minneapolis & Omaha d 1.421.109 d 1.239.492 d 2.799.926 d 2609740 -
Erie .....'............................. 11,670.658 8,876,176 7.665.430 5,816,062 5,343.114 2.099,469 3,852,066 3,852,066 Duluth, Missabe and Iron Range ......... 4,640,327 d 1.887.886 4,309,631 d 2.137,132 6,542.600
Grand Trunk Western ................... 4,127,272 641,295 1,811,944 d 1.438.718 4,770 7.577 -- Duluth, South Shore and Atleatic ....... 384,860 98.453 251.303 120,000
Lehigh and Hudson River .............. 260,232 228,756 266.508 233.958 199.559 138.990 140,910 140,910 Duluth, Winnipeg and Pacific ........... d 180.889 191,586 d 428,491 d 58,877
Lehigh and New England ............... 836.588 1,039.955 739.361 927,628 566,591 813.677 340,000 680.000 Great Northern ......................... 12,866,693 7.935.348 11,863.273 7.045.946 6.455.921 1,925.000 9.131,811 9,128,283
Lehigh Valley ......................... 6,133.700 5,883.632 3,850,241 3,694,297 1,272,800 1,388,100 Green Bay & Western .................... 303,824 119,482 316,702 95.025 334,000 163.474 125,000 125,000
Monongahela ........................... 413 287,295 d 266.062 d 57.98 74.703 Lake Superior & Ishpeming .............. 590,847 37,955 587,537 53.827 357,026 224,910 149,940
Montour .............................. 308,097 254.507 284.202 239,890 243,280 161,347 -- Minneapolis & St. Louis ................ 1,052,378 889,960 972,483 838,309 737,504 615,730 300,000 300,000
New York Central ...................... 35,434,383 15,734,631 19,334,646 244,477 5,767,512 2,206,048 3,223,697 Minneapolis, St. Paul & S. S. Marie .... 79,036 360,913 298 719,104
New York, Chicago and St. Louis ....... 12,999,784 10,921,275 10,615,223 8.595,386 10,919.500 8,235.000 12,390,799 4,406,594 Northern Pacific ....................... 8,400,194 5.644,729 6,520,444 3.867,760 2,810,000 1.022,000 3,719.565 3.719,565
New York, Ontario and Western ....... d 290.382 d 326.286 d 1.149.98 d 1.175.469 Spokane International .................. 395.096 261,915 308,033 182.876 191.300 11.650 170,784 113,856
New York, Susquehanna and Western ..... 314,210 217,948 462 d 137.854 Spokane, Portland and Seattle .......... 3,619,603 3,123,494 1,689,406 1,106,194 1,220,000 850,061 -
Pittsburgh and Lake Erie .............. 8,076: 4,503,812 6,384,349 3,267,401 3,324,057 1.363,015 2.590,950 1,727,300 Wisconsin Central*" .................. 1.948,548 700,430 938,605 d 311.654 557,263
Pittsburg and Shawant ................. 431,191 355.508 336,985 274,061 d 8.195
Pittsburgh and West Virginia .......... 869,334 646.898 584.337 371,506 410.542 279,940 305,000 305,000 Central Western Region Total ......... 143,690.062 124,.056.,65 153,746.873 127.830,511 129,096,090 103,840.,230 57,830,452 .54.988.311
Wabash ................................ 7.616.474 6.127,540 5.960,693 4,.52,575 4.031,594 3,467,055 2,296.914 1.997.821
Atchison. Topeka and Santa Fe L/ ....... 48.697,623 42.903.783 45,691.399 39,846.129 46,951,000 38.745.995 15,239,620 14.026.090
Central Eastern Region Total ........ 107,450,491 74,771,759 56,805.301 25.171,946 40,125.368 18,857,983 14,670,862 13,052,630 Chicago. Burlington & nCincy ........... 17,898,897 13,662,236 15,193,826 10,995.160 14067,834 9,968,136 5,979.355 5.979,355
Chicago, Rock Island and Pacific ........ 16,973,137 13,869,487 15,528,743 12,176,505 10,484,000 8,012,000 4,455.061 4.580,571
Akron, Canton and Toungstown .......... 579,610 379,438 523,280 310,314 424,889 131,895 105,048 95,939 Colorado and Southern ................. 1,291,117 921,860 1,290,852 1,073.629 1,062.188 833,370 169.994 -
Baltimore and Ohio ................... 27,663,558 23,530,994 15,749,661 11,399.591 7,051,717 2,181,163 Colorado & Wyoming ..................... 327,761 121,021 302,825 95,558 342.600 104,800 110,000 110,000
Bessemer and Lake Erie ................ 3493,244 1.813,251 3,350,882 1,694,318 4,018,525 1,804,473 209,988 209,988 Denver and Rio Grande Western .......... 6.958,100 4,860,625 5,163.967 2.905,218 5,067,000 3,140,025 2.329.919 2.329,919
Central R. R. Co. of New Jersey ....... 2.753,432 2.436,659 552.693 1,533.372 9.836 286,270 915,050 Fort Worth and Denver .................. 1,923,324 1,692,874 1,340,800 949,000 1,108.415 746,483 -
Chicago & Eastern Illinois ............ 2,528,375 2,289,735 1,545,373 1.314,092 622.304 631,800 973,125 1,150,484 Northwestern Pacific ................... 381,160 268,927 394.567 283,232 55.520 464,587
Chicago & Illinois Midland ............ 451,498 32.510 392,730 d 3.685 404,385 5,388 -- Sacramento Northern ................... 1,024,802 d 32.597 587,033 d 480474 601,100 -
Chicago, Indianapolis and Louisville .. 1,101,613 886.579 639,431 431,039 419,000 470,000 429,642 429,642 Southern Pacific Co., Incl. Leased Lines 28.569,724 31,919,836 27,508.339 26,773,657 19,980,336 18,479,019 13.570,683 11,954,431
Detroit. Toledo and Ironton ........... 1,637,811 1.259,415 1,445.030 1,051,723 1,004.860 998,881 490666 Southern Pacific Transp. System b/ ..... 36,251,502 39,296.148 34126.583 33.111,770 26,656,162 24,570,960 13.570.683 11.954,431
Elgin. Joliet and Eastern ............ 2,894,107 940,869 2,747,365 848,111 4.158,464 1,092,116 Toledo, Peoria & Western ............... 613,941 490.431 586,236 462,730 752.297 507,249 104.000 120,000
Illinois Terminal .................... 652,136 478.574 297,632 163,845 124,007 220,367- 100,000 Union Pacific Incl. Leased Lines ....... 14,461,552 10,337,591 35,994,209 30,211,534 25,000,000 20,650,000 13,105,412 13,105,412
Long Island'' ......................... 4,888 d 2.195.791 d 1.449524 d 3.931,829 -Utah ................................... d 65048 d 12.023 d 64860 d 153.298 -
Missouri-Illinois ..................... 634,990 495,437 654,425 511,887 700,700 412,700 Western Pacific ........................ 4,633,972 3,192,414 4,228,937 2,691,931 3,623,800 2,188,566 2,766,408 2,782,533
Pennsylvania .......................... 49,833.454 32,804,943 22,257,854 5,129,402 12,657,000 3,581,000 9,875,816 6,583,877
Pennsylvania-Reading Seashore Lines ... d 2.405.241 d 2.481.638 d 2,945.491 d 3.021.805 436,370 394,283
Reading ............................... 9,814582 7,886,329 7,19,9794 5,606,922 4,142,711 4,029.747 3,077,243 3,076,984 Southwestern Region Total ............ 67,399,414. 63,170,615 47,038.249 42,460,056 37,546,581 36,641,162 15,182,231 11,176,187
Staten Island Rapid Transit ...........d 262.997 d 137.810 d 568.880 d 438.28 -
Western Maryland ...................... 6,075.431 4.352.265 4,463.046 2.572,934 3.950.600 2.617.900 Beaumont. Sour Lake & Western'" ....... 1,264,560 1,345.506 1,350,644 1.402,878 679,956 835,000
International-Great Northern** ......... 2377,150 1,623,044 873.511 167,749 17,000 d 50.000
Pocahontas Region Total ............. 53,303.422 50,791,154 44.470,710 42,813,710 29,552,670 34,602,111 23.128,033 23,097.090 Kansas City Southern ................... .973.533 4.548.425 3,861,769 3.470,104 3,629.200 3,936.700 2,540,996 1,693,998
Kansas, Oklahoma & Gulf ................ 766,160 671,229 689,865 611.749 747,386 763,851 34,232 344,223
Atlantic and Danville ................. 50,107 54.690 466 d 8,080 4001 Louisiana & Arkansas ................... 3,682,595 2,674,242 3,391,257 2,339,309 2,612,500 1,975,000
Chesapeake and Chio ................ 33,381.745 29,003,689 25,685,006 21,888,360 12,940,000 14,285.000 12,065.691 12,034,748 Midland Valley ......................... 168.343 d 1.481 145.338 d 31.445 121,109 2,772-
Norfolk and Western ................... 13,802,306 14,599,816 13,878,118 14,663,094 11,975,000 13,550,000 8,878,702 8,878,702 Missouri-Kanses-Texas .................. 5,939,228 5,437,990 4,140,514 3,611,157 3.497,000 3.131,000 2,501,269
Richmond, Fredericksburg and Potomac .. 1,981.029 2,173,915 1,930,716 2,218,671 1,686,650 2,756,820 620,064 620,064 Missouri-Pecifics ..................... 15,436,168 15658,720 7,327,154 7,426,982 1,903,000 4,225,000 -
Virginian ............................. 4,088,235 4,959,044 2,976,404 4,051.665 2,947,019 4,010,291 1.563,576 1.563.576 New Orleans, Texas & Mexico* ........... 664,559 1,393,306 d 836.162 d 128.691 214.955 -
Oklahoma City-Ada-Atoka ................ 110,725 78,337 95,206 74,132 71,624 89.758 -
Southern Region Total ............... 115,577,426 95,448,956 90,016,549 69,694,133 70,750,040 65,823,128 30,002,681 24,319,000 St. Louis, Brownsville and Mexico** .... 1,664,883 909,849 1,185,967 490,735 d 149,552 364,000
St. Louis-San Francisco ................ 8,251.750 7,875.483 5,581.969 5,049,944 4,279,741 2,724.999 6,381.044 5.723,276
Alabama Great Southern ................. 1.699.991 828,797 2,103.986 1,230,187 910,000 915,000 896.828 896.828 St. Louis. San Francisco and Toeas ..... 315,321 425,844 311,122 418,494 409,228 406,865 -
Atlanta & Saint Andrews Bay ........... 357.524 330.409 356.917 337.542 573,914 468,425 2,879,872 48,000 St. Louis Southwestern ................ 6.530,153 6,761.010 6.269,309 6.308,590 8,075,308 7,889.730 1,853.240 1,853,240
Atlanta and West Point ................ 127,957 136,167 154.313 164,842 52,107 144,627 73,908 49,272 San Antonio, Uvalde A Gulf*' ........... d 253585 d 32 38 d 81558 d 434.801 -
Atlantic Coast Line ................... 5,600,096 7,717,016 7,046,231 9.424,214 2,550,000 9,600,000 3,091.736 3.091,736 Texas and New Orleans ................. 7.681,778 7,376.312 6.58.244 6.268.113 6,675,826 6.091,941
Central of Georgia ................... 2,432,788 1,532,408 1,679.785 824,590 736,891 361,174 Texas and Northern ..................... 205,607 138.379 204,999 137,167 332,300 207,700
Charleston & Western Carolina ......... 569,678 379.707 332,404 142,468 275,000 90,000 Texas and Pacific........... 7,376939 6.312994 6,111,427 5,081,982 4,206,000 3,831,846 1,561,450 1.561,450
Cincinnati. New Orleans & Texas Pacific 5.275,331 3.527,718 4,274,851 2.556,401 4,865,000 3.845,000 1,865,557 1.865,557 Texas Mexican ....................... ..243,547 264,764 167,674 195,908 224,000 215,000 -


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


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


U. S. GOVERNMENT PRINTING OFFICE : 1953 O 270320








Subject to revise n


UNIVERSITY OF FLORIDA


3 11262 08851 lI2958 I I
3 1262 08851 2958


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
AUGUST 1953


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
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)
/

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of August For the eight months of For the month of August For the eight months of For the month of August For the eight months of

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating income ...................... $101 635 6 03 105 227 432 $744 916 279 613 069 834 $34242 93 $35 75 926 254 651795 $188 613640 11078 039 $8 95 581 $64 381 461 $.59 746 735
2. Other income ...................................... 20 806 097 16 843 623 149 474 809 141182 248 6 332 5 2 6 732 723 49 036 433 51150 646 381144 633 991 4 511765 5 437101
3. Total income ................................. 122 441 700 122 071055 694 391068 754252 082 40575 565 42 458 649 303688 28 239764288 11 459 183 9 589 572 68893226 65183 836
4. Miscellaneous deductions from Income .............. 3 997 753 4 460016 31497954 32 436947 915 622 952 211 7671998 7717699 350 533 392 991 3272 398 3506095
5. Incomeavailable for fixed charges ........... 118443947 117611039 862893134 721815135 39659 943 41506438 296016230 232046589 11108650 9 16 581 65620828 61677741
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 6231686 6268153 49778545 51576292 5317 681 5 359408 41935367 43455879 6 54 7976 59275 59596
6-02. Interest deductions 1/ .................... 27 140 422 26 857426 217 269 892 211I10 339 11702 021 11 551 722 94068181 90768 899 1 417 32 1 378 848 11 242 232 10839585
6-03. Amortization of discount on funded debt ... 241 910 268170 2001260 1990 30 80150 79623 640517 634636 15 004 14 274 118729 108285
6-04. Total fixed charge .................. 33614 016 33 393749 269049717 265476939 17 099 852 16 90 753 136644065 134859414 1438 878 1 401 098 11420236 11007466
7. Income after fixed chwrmes ................... 84 629 929 84 217290 593 843417 456338196 22 560 091 24 515 685 159 372165 97187175 9 669 772 7 795 485 54200592 50670275
8. Other Deductions .................................. 3 303 505 3 0 6 823 23 067 560 23702 802 1 463 141 1 407 18 11 614490 11295 638 8 078 8 703 68 188 69 785
9. Net income .................................. 81 526 424 81 1 0 467 570775 857 432 635 394 21096 950 23 108 367 147 757675 85 891537 9 661 694 7 786 7 0 54 132 404 50600 49
10. Depreciation (Way and structures and Equloment) ... 42 255 336 41047 320 333191149 319 600 016 15 904 997 15737363 126505588 120 330145 3142 621 2 974363 24719250 23 730 453
11. Federal Income taxes .............................. 56624 106 58 0 251 424 80 912 347788525 14576 489 15 852 33 94 553 002 57 954 061 7 933 322 6 215 174 37 485992 40817285
12 Dividend appropriations:
12-01. On common stock .......................... 29 2811 7 26 60 526 173 739 132 146 968743 172 00 1 270 740 33408110 19 990201 1088893 1087622 33279970 33224504
12-02. On preferred stock....................... 4 002527 4511274 54625463 50710281 467548 468336 10360922 9923196 1 L23 996 1831853 2560952 2580761
Ratio of income to fixed charges (Item 5+6-04) 3.52 3.52 3.?1 2.72 2.32 2.44 2.17 1.72 7.?2 6.56 5.75 5.60

EASTERN bISTRicT
INCLUDI4O SOUTHERN REGION WESTERN DISTRICT
POCAHONTAS REGION
Income Items For the month of August For the eight months of For the month of August For the eight months of For the month of August For the eight months of

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating Income ...................... 45 321 022 $44 681 507 t319 033 2 5 6 $248 360 375 $16 639 707 414 624 2 89 $132 217 133$110 073 244 $39 074 874 $45 91 636 $293 665 8 9 0$4 636 21
2. Other income ...................................... 6 713 726 7 366 714 53 548198 56 587749 1701 245 1 665 106 1 802 768 16 364 328 12 91126 7 811 803 79 123 84 68 23017
3. Total income ................................. 52 034 748 52 048 221 372 581454 304 48 124 1 340 952 16 209 95 149 019901 126 437572 52 066 000 53 733 439 72 789 73 3 3 2 866 38
4. Miscellaneous deductions from Income .............. 1266155 1345 202 10944396 11223794 776828 1154951 5675144 6412 470 1954770 1.959 863 14878414 14800 68
5. Income available for fixed charges .......... 50768 593 50703019 361637058 293724330 17 564 124 15 134444 143344757 120 025 102 50111 230 51 773 576 357 911 319 308 065 70
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 5324227 5 367 84 41994642 43515475 780387 773238 6466293 6367250 127072 127 531 1317610 169 567
6-02. Interest deductions I.................... 13 119 349 12 930 570 105 310 413 101608484 4 037 203 4009 311 32214173 31197057 9 983870 9 917 545 79 745306 7910479
6-03. Amortization of discount on funded debt ... 95 154 93 897 759 246 742 921 24 758 50 792 236 280 247268 121 998 123 481 1005 754 1000 11
6-04 Total fixed charges .................. 18538 730 18 391 851 14. 064 301 145866880 4 E42 34 4 835 341 3 916 746 37811575 10 232 940 10 168 557 2 068670 81798 48
7. Income after fixed charges ................... 32229 863 32 311 168 213572757 147857 4 50 12 721 776 10 301 103 104428 011 82213527 39 678290 41 605 19 275 842 649 22626721c
8. Other Deductions ............... .................... 1471 219 1 416021 11682678 11365423 241 3 3 291 328 1931069 2509619 1590903 1319474 9453813 982776
9. Net income ................................... 30758644 30 695147 201890079 136492027 12480393 10009775 102496942 79703908 38287387 40 285 545 266388836 2164394 5
10. Depreciation (Way and structures and Equipment ... 19 047 810 18 711 726 151224 28 144 60596 5 963 610 5 859073 46651418 45 699046 17 243 906 16 476 521 15 314 893 129840 37
11. Federal income taxes ............................ 22 509 811 22 067 507 132 038 94 98771346 8 634 743 8 385 02 79 384783 74208 151 25 479 552 28 437 721 212 957135 174 80 02
12. Dividend appropriations:
12-01. On common stock ......................... 11061 393 12 147062 66688080 53214705 1 61 354 1 357 97 29 276195 22 693436 16 358 360 13 185 486 77 774857 7108060
12-02. On preferred stock....................... 2291 544 2300189 12921874 12503957 10223 10225 2598063 2993765 2 0076 0 2200862 39105526 3522 5 5
Ratio of Income to fixed charge (Item 5-6-04) 2.74 2.76 2.44 2.01 3.63 3.13 3.68 3.17 4.90 5.09 4.36 3.77


Selected Expenditure and Asset Items


17. Expenditures grossi 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
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

Balance at the end of August


1953


1952


Selected Liability Items


UNITED STATES

Balance at the end of August


T 1 r +


$249,557,261
589,642,353
461,723,353
94,543,769


902,085,591
1,002,768,841
69,892,103
617,460
65,027,444
182,300,397
361,736,522
831,514,674
16,499,800
242,189,740
37.448.271


$243,529,594
655,532,645
488,689,319
88,217,326


838,474,493
881,077,053
70,268,018
871,272
66,911,085
175,704,384
365,330,999
879,232,817
14,405,664
?21,634,701
6.7244.i46


3,712,080,843 3,550,156,932


40. Funded debt maturing within 6 months 2/


41. Loans and bills payable /
42. Traffic and car-service balances-Cr.
Audited accounts and wages payable
Miscellaneous accounts payable
4. Interest matured unpaid
46. 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 51


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


$165,201,117


$2037,5


2,751,950
110,089,777
515,108,266
209,767,664
22;!. 681
11,169,,
83,209,087
52,786,270
229,264,073
894,340,712
93,267,662


2.2.4.1 7 .1096 ,
.1------------_ __ _


7,317,624
99,757,212
522,610,199
203,801,275
23,266,197
10,669,679
86,215,610
46,646,972
213,946,577
862,117,920
103,411,808


666,059,159
228,281,553
280,656,584


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


635,829,953
226,287,967
266,714,150


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


Period


August ... 1953
August ... 1952
8 months 1953
8 months 1952


Reports showing
Net Income


Anumouri Amnt


Reports showing
Net Defioit


109 $82,952,569
104 83,503,897
105 585,018,976
101 454,796,441


13
17
21


$1,426,145
2,313,430
14,243,119
22,161,047


* xcldeo s roads whose net income (or deficit) as
absorbed by the cor.trolling 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.


I


I


-.L


$230,378.354


Number Amount


Number Amount


2 224 156 417


2 179 761 073


-1







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE EIGHT MONTHS ENDED AUGUST 1953 AND 1952


Page 2


NET RAILWAT OP RlATING ME INCOM PEDERAL1 NC10 DIVIDED NET RAILWAY OPERATING ET INCOME P EDR L INCOME DIVIDEND
INCOME TAMES APPROPRIATIONS RTondriwyI0TAXES APPROPRIATIONS

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

United States Total ................. $744,916.279 $613.069.834 $570,775.857 $432.635.394 $424.380.912 $347,788.525 $228.364.595 $197,699,024 Southern Region Continued
Eastern District Total .............. 254.651,795 188.613,640 147,757.675 85,891.537 94.553.002 57.954,061 43.769.032 29,913.397 llnchfield ............................ $5,846.666 $6,072,968 $650,688 $648.320
Eastern District Pcahontas 3 2 Columbus and Greenville ................ 112,252 42,803 $120.549 $57.427 146,200 78.500 $24.375 $19.500
_tarn District Incl. Pocahontas Florida Rast Coast* .................... 2,979,671 3,483,121 d 32,659 193,472 40,000 270,000
Region Total ..................... 319033.256 248,360.375 201,890.079 136.492.027 132.038.994 98,771,346 79.609.954 65.718.662 Georgia R. Lessee Organisation .... 1,151,366 1129945 -
Georgia & Florida* ...................... 124,740 145,508 d 522,720 d 486692 -
New IEnland Region Total ............. 12.228.547 9.642.685 4.037.577 2.079,143 4.498,849 3.788.993 2,201,224 1.377,644 Georgia Southern and Florida ........... 543.430 557,125 359.342 363.525 370,000 415000 -
ulf. Mobile and Ohio...................7,497.681 6.795,150 5.7319.526 4,959.073 4,901,000 4.657,000 2.438.746 1,625,831
Bangor and Aroostook .................. 1.,534.635 1,182,063 778,437 761,326 670.998 572580 143.550 143.550 llnos Central ....................... 21717.344 17687177 16,544,291 12294368 17235,000 13153000 5532,147 4.513663
Boston & Maine ........................ 3,3993563 2.344999 827,94 1d 157,236 1.296,534 875678 Louisville and Nashville............... 23,256.163 15,955.604 21,057.111 14,034,222 15,794,608 10,672424 7,020,000 7.020,000
Canadian National Lines in New Rgland d 1.003.634 d 1.117.230 d 1.100.739 d 1.21.772 Mississippi Central ................... 196,744 175,356 146,297 134,949 94.222 150.890 60,358 60,358
Canadian Pacific Lines in Maine ....... 244,024 111,791 Nashville, Chattanooga &, St. Louis ..... 3.947.505 3,643.527 3,076,616 2.730,292 2.214,491 2.043,408 767,951 639,959
Canadian Pacific Lines in Vermont ..... d 7853 d 618,363 New Orleans and Northeastern ........... 1,660.550 1,002.757 1,720,198 1,082,794 1,905,000 1.510,000 -
Central Termont ....................... 561.,537 d 2.437 1 544.401 d 1.103.047 Norfolk Southern ....................... 527,137 617,351 459,264 577,445 415,468 415,714 491,642 269,820
Maine Centrsal......................... 1.707,937 1,826193 813,978 1111309 767317 1,070.735 59,859 59612 Seaboard Air ine ...................... 16.464,207 15.281.939 14,515,860 13,148.,438 7,274,000 8.580.000 3.325,415 2,87.054
New York Connecting ....................... 525.954 447.038 90,727 d 53.741 Southern................................27.515,527 20,892.663 21,361,022 14,408.276 18,449,637 16,330,000 3,245.500 2,596,400
ev York. New aven and Hartford..... 6.209293 5.616,147 3360,396 2,877855 1,764,000 1,270,000 1,997,815 1,174.482 Tennessee Central ....................... 231200 216018 27584 33,811 d 6 -0000 -96
HRtland ............................... d 167.228 d 147.516 d 188,769 d 143.551 Western By. of Alabama ................. .. 331.277 300:963 315,088 290,901 213,009 221,105 150,000 105,000
Great Lakes Region Total ............ 117.853.856 79.639,010 76.808,571 40,257.393 41.578.548 29.331.183 26,477.248 13.964.577 Wsstern District Total ............... 293,665.890 254.636,215 266,388,836 216,439,459 212.957.135 174,809,028 116.880.383 106,293,161
Ann Arbor......d....................... 753.040 12711 629686 313503 413.472 7.922 Northwestern Region Total ............ 54,147.850 38,581,521 38,250.528 19,671.347 28,318,645 13.912.846 27,168,342 24,742,315
Cambria and Indiana .......................629.173 425.625 608.625 416.160 436.148 451.223 180,000 120.000
Delaware and Hudson ................... 6,285557 3,990,847 4,45,708 2,837.989 250,000 1,428.000 Chao and North estern.............. 2,784222 d 405.3 d 409187 d 3583424 -- 2970185 2,330453
Delaware. Lackawanna and Western ...... 6,768,360 6,187.830 4,281.181 3.202.041 2.067,541 1,742.800 844,412 422,206 Chicago Great Western .................. 2,557261 2,362, 825 1,864. 304 1,754.061 1 289, 000 1, 239, 000 649.837 540 .006
Detroit and Mackinac .................. 223.989 184,528 221.372 161,113 170.837 140,011 Chicago, Milwaukee, St. Paul and Pacific 7,475,739 7.868,896 2,869.776 3,106,425 670.000 1,524,000 7,716,468 7,616,108
Detroit and Toledo Shore Line ......... 920,408 655,006 879,767 595.834 776.204 520,979 160,000 160.000 Chicago. Saint Paul, Minneapolis & Omaha d 1:282,923 d 866.967 d 2 854o070 d 2,433,896 -
Erie .................................. 13.149.597 10,429,371 8,57L,212 6,843,788 5.940,598 2,772,786 3,852,066 3.852,066 Duluth, Missabe and Iron Range ......... 6,430.182 1.596.457 6,047,349 1.302,379 9,767,000 1,034,000
Grand Trunk Western ................... 4,437,133 634,774 1,883.,106 d 1.776.772 5.725 9,233 Duluth, South Shore and Atlantic ....... 411,412 271,259 260,011 129,133 20,538 -
Lehigh and Hudson iver ................. 305.521 267,104 312,464 272,360 236,180 168,198 140,910 140.910 Duluth, Winnipeg and Pacific ........... d 234,816 131933 d 518957 d 154.003 -
Lehigh and New England ................ 1,038,805 1,228,565 928,078 1,100,401 741,667 972,408 340,000 680.000 Great Northern ......................... 16.163.434 12.079.811 16,268.708 10.641,019 9072.549 5,477.651 9,131.811 9,128,283
Lehigh Valley.. ........................ 7,096.812 6.982.750 4.481,384 4.494,713 1,424,500 2.010,800 Green Bay & Western ................ .... 344,974 109.777 356.436 74,241 379.754 150,011 125,000 125,000
Monongahela........................... 112.,405 448.131 d 195.116 66.618 47.948 4 .196 Lake Superior & Ishpeming .............. 821.779 273.716 818.100 291.422 594,026 206,300 224.910 149,940
Montour ............................... 366,489 290,023 339.559 270.323 285,661 176,195 Minneapolis & St. louis ................ 1,206,036 1,125.291 1,106,170 1,056,220 850,504 772.030 600.000 300,000
New York Central ...................... 41,113.606 20,499.723 22.666,830 2,375,071 7.175,928 2.570,905 3,223.697 Minneapolis, St. Paul & S. S. Marie .... 897.367 1.266,479 335.530 774095 44789 364.543 719,104
New York, Chicai o and St. Louis ....... 15,161,665 13.217.827 12,400,396 10.550.583 12.758.500 10,190.500 12.390,799 4,406,774 Northern Pacific ....................... 9.585709 7,225,880 8.599.408 4,769.561 3,355.000 2,006,000 5,579,347 3.719.565
Neow TYork, Ontario and Western........ d 359,542 d 1383.502 d 1.341.583 d 1.354.692 Spokane International .................. 466,835 322,265 366.689 232.107 232,800 39,250 170,784 113,856
w York, Susqehanna and Western..... 354265 232,269 11,022 d 173095 11,938 Spokane, Portland and Seattle .......... 4,280,356 3.932.108 2,074,179 1590.559 1500,000 1,100,061 -
Pittsburgh and Lake Irie .............. 9,405.036 5.771.673 7,427,461 4.144,523 3,910.611 1,980,562 2.590.950 1,727,300 Wisconsin Central** .................... 2,240:283 1,287.170 1,066,082 121,448 632263 -
Pitteburg and Shawmut ................... .. 493,821 425,984 386,879 333,288 d 8.195 -
Pittsburgh and West Virginia .......... 1,001,133 792,461 675,.250 476470 478.426 371,224 457.500 457,500 Central Western Region Total ......... 163.553.868 143.148.949 175.357.339 147,514.709 144,106,895 120.307,767 74.529,810 69.527,661
Wabash ................................ 8,.596.583 6.945.310 6,692,290 5.107,174 4.454.859 3.769.241 2.296,914 1.997.821 AT

Central Eastern Region Total ........ 124,569,392 99.331.945 66.911.527 3.555,001 48,475.605 24.833,885 15.090.560 14,571,176 Chicago,. orlinton & Qincy ........... 20,612.405 16,858.701 17535.635 13.809,970 16.242,734 12.923,736 5,979.355 5,979.355
Chicago, Rock Island and Pacific ....... 19.073,675 15.761.260 17.460.020 13.749.459 11,109,000 8.912,000 4,455,061 4,580,571
Akron, Canton and Youngstown ............ 673.703 463.827 608,107 384.064 497,493 142,835 105,048 95.939 Colorado and Southern .................. 1,553,107 1.170.647 1,551,719 1.303.348 1,285,806 957,083 989.785 -
Baltimore and Ohio ..................... 32.041,227 28,109.426 18.496,803 14.264.870 8,738,704 4.210,423 Colorado & Wyoming ....................... 377,858 189.222 349.424 159.724 405,400 104,800 110.000 110,000
essemer and Lake Erie ................ 4.189,328 3,121.901 4.025,164 2,975.117 4.950.048 2,507.384 209,988 209.988 Denver and Rio Grande Western .......... 8,124.548 6.144,335 6,101,767 3,.42.824 6,006,600 4,367625 3.876,007 2.681.596
Central R. R. Co. of New Jersey ....... 3,322,233 2,930.320 785.025 2.832,047 11.125 432,430 2,013.110 Port Worth and Denver ................... 2,092,496 1,909,241 1,429,227 1.082.398 1,151,151 821,679 -
Chicago & Eastern Illinois ............ 2.869,088 2,675.673 1.744,869 1.571,257 689.600 710,200 973.117 1.151.264 Northwestern Pacific ................... 487,139 389.370 503,861 405.597 149,657 649.364
Chicago & Illinois Midland ............ 506,602 45,912 438,673 2,738 454,185 5.388 Sacramento Northern .................... 1,092,680 27,115 591.634 d 483.809 601,100 -
Chicago, Indianapolis and Louisville .. 1.261,123 1,019.347 736,315 500,766 486.000 546,000 429,642 429,642 Southern Pacific Co., Incl. Leased Lines 32,628,224 35,942,417 31.174,616 29,880,239 21,188.068 20,942.515 20,356,025 18,593,967
Detroit. Toledo and Ironton............ 1,920,495 1,465.506 1,696,452 1.228,195 1,196.598 1.134.380 490,666 Southern Pacific Tranap. System b/ ..... 41.000.483 44,174.139 38.337,529 36.912.383 28.509,919 27.676,249 20.356.025 18.593.967
Elgmin, Joliet and Eastern.............. 3,239.076 1.733.707 3,068,911 1.626.667 4.590.463 1.570,634 Toledo. Peoria & Western ................. 679,110 536.896 646.711 504,918 853.379 553.804 104.000 120,000
Illinois Terminal....................... 766,067 587 227 362,817 226,969 159,207 304,367 100.000 Union Pacific Incl. Leed Lines ........... 6,695.239 13926,314 41,594,554 36,804,179 28,600,000 25,850,000 20,653.549 20,653.549
Long Island#9 ...........................273.840 d 2.047.667 d d 4.026.614 Utah ..................................d 34.200 d 148.U29 d 399 d 149,619 -
Missouri-Illinois ....................... 716.259 568.644 39,068 58?.,628 766,400 4480,600 Western Pacific ........................ 5,485,285 3,699,625 4,.988.705 3,152,851 4.325,.000 2,625.166 2,766,408 2,782,533
Pennsylvania.......................... .57.123,126 47.056,641 25,766.126 15,427,452 15,831,000 4,429.000 9,875.816 6.583.877
Pennsylvania-Reading Seashore Lines ... d 2.613.433 d 2.754,.725 d 3.232.433 d 3.372.058 498,681 465,053 -
Reain...................... d ......... 11386702 9370038 d 377 6713,701 925501 4,728,991 3.496,949 3.496.690 Southwestern Region Total ............ 75.964.172 72,905.745 52.780.969 49.253.403 40.531.595 40.588.415 15.182.231 12.023.185
Staten Island Rapid Transit............ d 273.253 d 164.244 d 624.969 d 508.539 -
Western Maryland ...................... 7,167,209 5.150,412 5.322.760 3,120.741 4,680,600 3,166,200 Beaumont, Sour Lake & Western** ........ 1,251,236 1,385,992 1.357,760 1,453,193 767,956 821,548
International-Great Northern*e...........2,680.856 1.915 907 963,192 251.342 d 74.000 d 100.000
Pocahontas Region Total ............. 64,381,461 59,746,735 54.132,404 50,600.490 37,485,992 40,817,285 35,840.922 35,805,265 eansas City Southern ................... 5709.202 5.215,578 4.454,475 3,970,696 3,851.200 4,425,500 2.540,996 2,540,996
tlantic and Danllansas04 60 Oklahoma & Gulf ................ 832.548 789.855 745,829 720,796 803.064 903038 344,232 344223
Atlantic and Danville .....................25.504 60,180 d 27,830 d 11.287 4.668 Louisiana & Arkansas.....................4,269,829 3.093.617 3.929.684 2,704,.165 2.972,500 2,205.000 -
Chsapeake and Ohio...............::::::::::::::...::: 40,091,174 34,342,692 31202320 26,213085 17,005,000 17,205000 18,100,043 18,064,386 Midland Valle ......................... 215.0172970 180824 d 159,553 1772 -
Norfolk and Western..................... 17.183,009 17,391,403 17.222,187 17,459.203 15,025.000 16,150.000 13,098.151 13,098,151 MiSsouri-lanass-Texas .................. 6,740,356 6.330,438 4,661,691 4,237.175 3 ,792,000 3,498,000 2,501.269 -
Richmond. Frederlcksburg and Potomac .. 2.271,142 2,413,623 2.203,786 2.467.305 1,982,450 3.037,820 620,064 620,064 Missouri-Pacific**..................... 17,042,767 17.959,522 7.640,568 8.404.999 1,478,000 4,735,000 -
Virginian ............................ 4,810.332 5,538,837 3.531.941 4,472,184 3,468,874 4,424.465 4,022.664 4,.022.664 New Orleans. Texas & Mexico.. .......... 967053 1346,418 d 746763 d 432289 154,955 221,947
Oklahoma City-Ada-Atoka ................... 120,329 93,622 104,450 88,619 80,869 107,464 -
Southern Region Total............... 132.217,133 110.073,244 102,496,942 79.703.908 79.384.783 74,208,151 31,874.258 25,687,201 St. Louis Brownsville andMexico.. 185.36 1410878 1301.237 919890 d 16552 135.98 -
St. Louis-San Francisco .................9,668.495 9.423,647 6,590.860 6.190.988 5,136.741 3,488,999 6.381,044 5,723,276
Alabama Great Southern ................ 1,980,537 998,101 2.364.085 1.379.333 980,000 1,115,000 896,828 896,828 St. Louis, San rancico and Texas ..... .377.013 467593 371.954 4 59,436 504,228 493. 65 -
Atlanta & Saint Andrews Bay ............. 405,962 377,270 405,355 384,618 644,729 534.153 2,879,872 48,000 St. Louis Southwestern ................. 7.355,618 7,911,869 7,069,985 7,400,270 8,575,430 8,496.50 1,853,240 1,853,240
tlntic Coast Line..................... 6,324,601 ,330,27 7,675,860 9.913,615 1,450,000 8,450,000 3.091.736 3,091,736 Texas and Nw Orleans .................. 8,372,259 8,231,722 7.082,914 6,952,1b0 7,321,851 6,733,.73
Central of Georgia....................2,765,484 1,758,512 1,903,504 948,257 762,891 361.174 Texas and Northern ..................... 233,656 155,491 233,038 154,139 381,800 236,800 -
Charleston & Western Carolina .............604,075 386,609 333,842 114,993 250,000 45,000 Texas and Pacific........................8,325,024 7.266,793 7,125.637 6,114,299 4,683,000 3,953,84 1,561,450 1,561,450
Cincinnati, New Orleans & Texas Pacific 5.880,803 4,085,586 4,4.745,706 2,971,651 5,.545,000 4,405,000 1,875,780 1,875,780 Texas Mexican ............................. 270.295 279,866 182,849 206,452 259,000 2300 -


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


a/ Includes Atchison, Topeka & Santa Fe By., Oulf, Colorado & Santa Te By., and Panhandle & Sante Fe Ry.
bJ Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE: O-1953





7-6 /
Subject to revision



~i~

'* '* ''' 67.


r .


'Income Items


1. Net raill y .l ratt ri Inc r mas .......................
ot. her.1ii'oe .
3. T ta5 nc se ........... .........

-4;-.MYaellaneoue deductions from income ..............
.5. Income available for fixed charges ...........
6. Fixed charges:
6-01. Rent for leased roads and equipment .......
6-02. Interest deductions / ....................
6-01. Arortization of discount on funded debt ...
6-04. Total fixed charges ..................
7. Income after fixed ch'eree ...................
8. Other Deductions ...................................
9. Net income ...................................
10. Depreciation (Way and structures and Equipment) ...
11. Federal income taxes ..............................

12 Dividend approoriations:
12-01. On common stock .........................
12-02. On referred stock .....................
Ratio of income to fixed charges (Item 5+6-04) .


lINIVER-,ITY OF FLORIDA


111 111111111 11111111111111111111 INTERSTATE COMMERCE COMMISSION
3 1262 08851 3568 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
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


Staten
SEP'I


T I r


UNITED STATES


EASTERN DISTRICT


POCAHONTAS REGION


For the month of September For the nine months of For the month of September For the nine months of For the month of September For the nine months of


1952


1953


T 7 r 1 t + -I'


$99 941 766
21 017 639
120 959 4 b

3 892 944
117 066 481

6 302 731
27 153 143
249 991
33 705 6865
83 360 616
2 6723 L
80 493 370B
42 493 759
56 400 55t

17 410 173
2 983 2 79

3.47


$121 311 183
19 310052
140 621 2 3 b
4 192 790
136 428 44 5

6 359 334
27 735 260
252 314
34 346 908
102 081 537
2 986 962
99 094 575

41 154 863
73 950 476

19 817 615
2 909 587

3.97


$845 430 753
170 497 080
L 015 927 833

35 391217
960 536 616
56 081 276
244 423 036
2 251 271
302 755 582
677 781 033
25 934 798
651 846 235

375 693 197
4 bO 207 478

191 149 306
57 608 742

3.24


$735 326 361
160497 121
895 823 482
36 630 056
859193426

57 935 626
239645595
2242623
299 823 844
559369 582
26 689764
532 679 816

360 763162
420 789 001

166 806 3 58
53 619 866
2.87


531036 877
7 041 834
38 078 711

941 014
37 137 697

5 286 942
11 688 561
83 594
17 059 097
0 078 600
1 443 496
18 035 104

15 961 341
11 695 360

3 093 b27
1 422 919
2.18


$37 477 599
7 895 792
45 373 391

947 576
44 425 81 5

5 349 4 33
11 615 722
85 241,
17 049996
27 375 819
1 407 658
25 968 161
15 730 9 4
15 779 770

1 650 934
1 391 9 26
2.61


5266 261 36C
56 082 898
342 344 258

R 613 33C
333 730 928
47 222 309
105 756 743
724 111
153 70316 3
1bO 027 765
13057986
166 969 779
142 475 218
105 674 363

36 501 637
11 783 E 4 1
2.17


$227 036 583
9 951261
266 67844

8665594
277 422 250

48 805 311
102 3-84 220(
719 877
151 909 408
125 512 842
12 703 296
112 809 546

136 077352
72 775 831

21 641 135
11 315 124
1.83


$9 178 6 82
386 005
9 564 687

371 2 21
9 193 466

7 243.
1 408 390
16 992
1 432 625
7 760 841
3 078
7 752 7f 3

3 155 030
6 566 6 18

309 770
10 201

6.42


$10 313 565
679 902
10 993 4 71

449 216
10 544 2 5

7 309
1 394 574
14 584
1 416 4 67
9127 788
8 704
9 119 084

2 985 0359
7 563 424


413 376
15 2C 5

7.44


,73 560 143
4 897 770
78 457 913

3643 619
74 8142 k94

66 518
12 650 622
135 721
12852861
61961433
76 266
61 885 167
27 874 28 0
44 052 610

33 589 74 0
2 571 153

5.82


1952


$70 060 304
6 117 003
76177307

3 955 311
72221 996

66 905
12 234 1 59
122 869
12423 933
59798 C63
78499
59719574

26715492
48 380 7 0!'

33 637 88C
2 595 966

5.81


EASTERN DISTRICT-I-I-I
INCLUDING SOUTHERN REGION WESTERN DISTRICT
POCAHONTAS REGION__
Income Items For the month of September For the nine months of For the month of September For the nine months of For the month of September For the nine months of

1951953 1952 1953 1952 1953 1952 1953 1952 19531953 1952


Net railway operating Income ......................
Other income ......................................
Total income .................................

Miscollaneous deductions from income ..............
Income available for fixed charges ...........
Fixed charges:
6-01. Rent for leased roads and equipment .......
6.02. Interest deductions JV ....................
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) ...
Federal income taxes ..............................

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


$40 215 559
7 427 839
47 643 398

1 312235
46 331 163

5 294 1 85
13 096 9 51
100 9666
18 491 722
27 839 4 41
1 451 574
26 387 867

19 116 371
18 261 978

3 403 2 97
1 433120
2.51


$47 791 168
8 575 694
56 366 862

1 396 792
54 970 070

5 356 742
13 009 896
99 82 5
18 466463a
36 503 607
1 416 362Z
35 087 24 5
10 7L3 963
23 343 194

2 064 310
1 407 133
2.98


8359 821 503
60 980 668
420 802 171

12 256 949
408 545 22 2

47 288 827
118 407 36 5
859 832
166 556 024
241 989 198
13134 252
2P. 854 946

170 349 4 98
149 726 973

70 091 377
14354994
2.45


$297 096 887
65 168 264
362 265 1 51

12620905
349644246

48 872 216
114 618 379
842 746
164 333 341
185 310 905
12 7bl785
172 529 120

162 792 844
121 156 540

55 279 015
13 911 09C
2.13


$15 615 36 9
1 t94 b40
17 709 909

775 701
16 934 208
682 406
4 086 327
27 4 31
4 996 164
11 938 044
241 398
11 696 646

6 025 019
9 030 065

1 679302
14 1 C 7

3.39


$18 50- 957
1 753 4 58
20 259 415

807 645
19 451 770

875 069
4 606 828
2'6 979
5 708 876
13 742 894
353 903
13 388 991

5 909 014
5 391 863

1 308 630
13420

3.41


$148 032 502
18 697 308
166 729 810
6 450 845
160 278 965
7 348 699
36 300 500
263 711
43 912 910
116 366 055
2 172 467
114 193 588

52 676 437
bF 414 848

31 155 497
2 612170

3.65


$128 579 201
18 117 786
146 696 987
7 220 115
139 476 872

7 242 319
36 003 835
274 247
43 b20 4 51
95 956 421
2 863 522
93 092 899

51 6C8 060
79 600 014

24 002 066
3 007 15

3.20


$43 910 8 58
11695260
55 606 118

1 b05 00 8
53 601110

126 140
9 969 86 5
121 974
10 217 979
43 583 131
1 174 2 66
42 408 865

17 352 369
29 108 522

12 127 574
1 536 052

5.27


$55 014 058
8 980 900
63 994 95(1

1 988 '53
62 006 (.f 5

127 b5 Z
9 918 53 6
1 510
10 171 5(09
51 835 036
1 216 697
50 t,16 339

16 51.1 88(
45 2Z3 419

16 444 675
1 489 034
6.10


$337 576 748
90 819 104
42A 395 852

16 683 423
411712 429

1 443 750
89 715 171
1 127 728
92 286 649
319 425 780
10 628 079
308 797 7U1

152 667 262
242 065 657

b9 902 432
40 641 5 78
4.46


$.309 650 273
77 211 071
386861344

16 789036
370 072 306

1 821 091
89 023 331
1 125 630
91 970 052
278 102 2 56
11 044 4 57
267 057799

146 362 2 58
220 032 447

67 525 277
36 7015 93
4.02


6 S .~ J ________ I ________ _______


UNITED STATES

Balanoe at the and of Septembe
1953 1952


$285.765,250

646,362,392
454,787,803
94,638,227


917,455,641
1,010,091,454
78,835,278
3,342 522
66,323,635
183,109,216
370,602,853
834,033,116
14,171,100
235,780,235
34,728,805


3,748,473,855


$278,785,612

719,701,245
483,169,813
84,.976,851


916,360,526
885,680,328
126,657,218
822,622
67,652,198
183,574,693
365,050,425
872,614,664
14,969,564
231,065,147
37.016.552


3,701,463,937


Selected Liability Items


iii i -


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 51i)


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 September


$232,615,445


4,642,955
112,201,883
512,276,727
218,387,408
41,676,798
21,265,871
80,611,855
20,571,262
213,128,590
875,723,626
158,465,733
2,258,952,708


654,467,461
221,256,165
275,441,323


$196,952,927


2,717,542
114,724,352
503,801,234
218,414,061
40,589,633
20,186,465
76,301,221
18,104,638
229,732,490
912,671,747
94,243,987

2,231,487,370


692,380,308
220,291,439
287,145,469


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


Period


I eo Isown


ReportS showing
Net Inoome

Number Amount


Reports showing
Net Deficit

Number Amount


September .. 1953 1U2 $83,608,540 20 $3,115,162
September .. 1952 1U5 101,109,214 17 2,014,639
9 months ... 1953 107 667,360,510 15 15,514,275
9 months ... 1952 102 553,015.571 20 20,335,753


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


5 ____________________________ _______ 1


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


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


I







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE NINm MONTHS END1D SEPTEMBER 1953 AND 1952


Region and railway


U t. dst .A g ..................


ERT RAILWAY OPERATING
INCOME


1 T -I I r- -T


NET INCOME


FISRAL INCOME
TALES


DIVIDEND
APPROPRIATIONS


Region and railway


NET RAILWAT OPERATING
INCOME


1953


NET IICONI


I 1 I0 I i


1952


FEDERAL IHCOON
TAXES


1952


t 4 1 0 4 ~1 '4 -1 +- -4------- ~ ____ ______


$845,430.753 $735.326,361 $651,846,235 $532.679.818 $460,207.478 $420.789.001 $248,758.048 $220,426,226


eastern District Total .............. 286,261,360 227,036,583 166.969.779 112.809.546 105,674.363 72.775,831 48,285,478 32.956.259

sternn District Incl, Pocahontae
Region Total ..................... 359,821,503 297,096,887 228,854,946 172,529.,120 149,726.973 121,156,540 84,446,371 69,190.105

low tInland Region Total ............ 13.825,745 11.181,077 4,720,534 2,755,886 4.853.733 4,094,906 3.030,612 1.377,644

Bangor and Aroostook .................. 1,611,613 1,211,362 744,041 736,075 610,010 503.795 143.550 143.550
Boaton & Maine ........................ 3,883,065 2,896,779 981.554 64,871 1,495,109 1.037.147 -
Canadian Eational Lines in New h land 1.14 d 1._74,.571 d 1.258.938 J l, ,304 -
Canadian Pacific Lines In aine ....... 247.699 44,718 -
Canadian Pacific Lines in Vermont ..... d 97,478 d 6.8645 -
Central Vermont ...................... 661,335 212,795 d 581.803 d 1.026.548 -
Maine Central ......................... 1,897,382 1,968,051 885,320 1,165.051 831,614 1,079,964 59,859 59,612
Noew Tork Connecting ................... 505,892 413.380 23,078 d 141.866 -
New Tork, low Havean and Hartford ...... 7,243,259 6,624,369 4,066,417 3,565.941 1,917,000 1,474,000 2,827.203 1,174,482
Rutland ............................... d 117.530 d 126.961 d 139.135 d 124.334- -


Great lekee Region Total ...........

Ann Arbor ............ .................
Cambria and Indiana ...................
Delaware and Hudson ...................
Delaware, Lackawanne and Western ......
Detroit and Mackinac ..................
Detroit and Toledo Shore Line .........
Erie .................................
Grand Trunk Western ..................
Lehigh and Hudson River ..............
Lehigh end New o ogland ................
Lahigh Valley .........................
Monongahela ...........................
Montour ...............................
New York Central .....................
New York, Chicago and St. Louis .......
New York, Ontario and Western** .......
Now Tork, Suequehanna and Western ......
Pittsburgh and lake Erie ..............
Pittsburg & Shavaut ...................
Pittsburgh and West Virginia ..........
Wabaeh ...............................


Central stern Relion Total .......

Akron, Canton and Toungstown ..........
Baltimore and Ohio ...................
BeSsever and Lake Erie ................
Central R. R. Co. of New Jersey .......
Chicago & Eastern Illinois ............
Chicago & Illinois Midland ............
Chicago, Indianapolis and Louisvillle ..
Detroit, Toledo and Ironton ..........
Algin, Joliet and Eastern .............
Illinois Terminal .....................
Long Island ** ........................
MNieourt-Illinoic .....................
Pennsylvenia ..........................
Pennsylvania-Heading Seashore Lines ...
Reading ...............................
Staten Island Eapid Transit ...........
Western Maryland ......................


132,365.852


97.964,161


86,588,033


53,517,060


46.978,304


36.185,771


28,323,178


Southern Region Continued

Clinchfield ...........................
Columbus and OGreenville ...............
Florida hast Ooast. .................
Georgia R. R. Lessee Organisation ...
Georgia & Florida* ....................
Georgia Southern and florida ..........
Gulf, Mobile and Ohio .................
Illinois Central .......................
Louieville and Naehvrll.e ..............
Missiesippi Central ....................
Nashville, Chattanooga & St. Louis ....
New Orleans and Northeastern ..........
Norfolk Southern ......................
Seaboard Air Line .....................
Southern ...**.......... ..... .........
Tennessee Central ......................
Western By. of Alabama ................


14,115,032 aWetern District Total ...............


$6,641,046
118,681
2,837,625
1,289,176
117,892
557,727
8.453,858
24.806,713
26.256,366
220,723
4,445,587
1,838,770
629.389
18.254,061
30,926,511
261,349
375,143


337.576.748


$6,837.758
77.256
3.643.259
1.247.176
123,320
613.233
7.808,931
23,632,466
18,677,497
161,798
4,239,054
1,190,262
692,787
16,912,345
24,131.126
338,609
352,141


$128.871
d_ 554.768

d 611.413
352,227
6,426.888
19,008,800
23.948.605
162,864
3,464.924
1.907,113
549,396
16,065,439
23,903,749
31,456
354.296


$92,775
d 17.160

d 589.084
396,336
5,710,475
16,575.792
16,592,416
116,583
3.231.734
1,281,303
646,795
14,552,279
16,759,337
134.264
338,777


$73'.191
154,220



355.000
5.472.000
19,706,000
17,959,884
105,984
2,482,822
2,095,000
527,468
7.842,000
21,104,637

245,980


$730.557
123,700


450,000
5,364,000
11,997,000
12,959,427
137.535
2,392,519
1.755,000
465.714
9,275,000
18,930,000
27,782
255.333


309.650.273 308,797,701 267,057,799 242,065.657 220,032,447 130.544,010o 124,226,870


- 4 A -. + 4 -- 4 I -4- 4 4 1 4- L ______ .4 __ i II _____ I


782,023
720,222
7,284,305
7,694,940
258,701
990,103
14,500,244
3,801,529
344,576
1.224,748
8,051.774
356,935
451,726
46,846,299
16,967,947
d 437.505
391,070
10,636,110
552,083
1,083,390
9,864,632


140,069,763


728,888
35,921,281
4,941,931
3,903.733
3,204,464
570,876
1,445.971
2.135,194
3,660,572
879,946
447,89
775,04
63,828.91%
d 2,.93.500
12,792.717
d 283.358
8.109,243


395,598
483,438
4,795.069
7,270,888
216,008
742,825
12,352.394
674,697
313.854
1,461,448
8,233,567
499,600
352,303
28,153,175
15.704,760
d 396,539
331,337
6.957.542
504,634
942,112
7,975,451


117,891.345


642,671
698,579
5.781,268
5,059,192
255.610
944,555
9,367,877
909,868
3'2,944
1.099,143
5,132,829
8,086
421,955
26,239,314
13,876.552
d 1.542.499
12,128
8,485.978
431,747
717,316
7,692,920


75,661,212


292,003
471,527
3,507.991
4,096,641
189,220
675,942
8,207,267

320,134
1,317,718
5,445,926
81,682
330.688
7,661,309
12,688,429

d 123.913
5,039,578
40,.630
585,O097
5,892,381


56.536.600


404,953
505,164
577,000
2,489,930
197,132
824,.182
6,408,095
6.680
267,981
890,414
1,.598,300
259,568
330,353
7,824,742
14,341,000

11,938
4.506.503
d 8.195
495,310
5.047,254


53,842,326


d 87.520
510,244
1,950,000
2.425,141
161,496
592,326
3,644,251
10,890
203,647
1,178,001
2,797,100
44,861
241.933
2.965.537
12,435.500


2,540.553

466,547
4,105,264


32,495.154


300,000

844,412

180.000
3,852,066

211.365
680,000



3.223.697
12,390,799


3.886,425

457.500
2,296,914


16.931,688


180,000

422,206

180,000
3,852,066

211,365
680,000



4,406,774.


1,727,300

457,500
1,997,821


17,463,583


4 4 4 4 4 .1. _____ 2 _____


558,546
32,483.832
4,123,300
3.501.274
3,105,050
149.156
1.225,433
1,723,401
2,160,292
713.520
d 1.720.146
649,570
55,521,642

10,979,308
__ 202.259
5,985,707


654,818
21,002,436
4,755,456
1,028,120
1,932.299
493,552
855,392
1,879,477
3,469,607
424.571
d 1.453.943
801.104
28,690,518

9,461,352
4 677.943
6,035,646


470,142
17,892,077
3,950.597
3,821,814
1,866.126
98,035
638,948
1,45.5,383
2,039,050
307,519

670,644
19.938,804

7,975,826
.71.287113
3.713,287


528,893
10,164,057
5,941.711
132,409
741,600
513.485
566,000
1,317,569
5.,237,258
198,907

851,000
16,281,000
561,017
5,520,320

5,287,100


167,129
7,065.,106
3,420,084
676,590
785,300
93,388
695.000
1,334,714
2,036,567
420,667

583,100
5,197,000
535,821
5,712,588

3,772,100


162.508

359,976

973,117

429,642
490,.666




9,875,816

4,196,413

443.550


164,900

359.976
2,745,150
1,151,264

429,642
490,666

100,000


6,583,877

4,196.168

1,241,940


Pocalho_ glt A glon Total ............. 73,560,143 70,060,304 61,885,167 59.719.574 44,052.610 48,380,709 36.160,893 36,233,846

Atlantic and Denville ................. 19,671 64.947 d 37.705 d 15..394 .335 -
Chesapeake and Ohio ................... 4,461,066 40,604,.367 35,398.090 31.423,751 20,23.,000 20,880,000 18,099.781 18,064,386
Norfol atnd Western ................... 20,194,.297 20,516,786 20,167,132 20,602,282 17,775.000 19.100,000 13,098,151 13,098,151
Richmond, Fredericksburg and Potomac .. 2,413,400 2,564,134 2,329.936 2,626,608 2,117,450 3,142,320 940,297 1,048.645
Virginian ............................. 5.471.709 6.310.070 4,027.714 5.082.327 3.919,825 5,258,389 4,022,664 4,022,664


Suhet ReDJgion Total ...............

Allbeam Great Southern ...............
Atlanta & Saint Andrewe Bay ...........
Atlanta and West Point ................
Atlantia Coast Line ...................
Central of Georgia ....................
Charleeton & Wetern Carolina .........
Cincinnati, lew Orleann & Texse Pacific


148,032.502


2,235.581
442,084
172,156
6,965,917
3,050,158
647.848
6,488,141


128,579.201


1,171,836
422,536
137,347
8,897,175
2,123,398
437,668
4,710,223


114.193,588


93,092,899


88,414,848


79,600,014


33.767,667


+ I I- 4 4 4


2,599,492
441,947
201,454
8,192,598
2,057,185
344,982
5,217,483


1,533.589
431,325
169,738
10,339.677
1,207,887
133,700
3.454,361


1,040,000
700,304
61,165
650,000
762,891
235.000
6,190,000


1,245,000
597.308
156,965
7,350,000
362,174
45,000
4,980,000


896,828
2,879.872
73,908
3,095,621

1.886,002


27.009,251


896,828
78.000
49,272
3,095.621

1,886,002


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

Chicago and North Western ..............
Chicago Great Wetern ..................
Chicago, Milwaukee, St. Paul and Pacific
Chicago, Saint Paul, Minneapolis & COmaha
Duluth, Miseabe and Iron range .........
Duluth, South Shore and Atlantic .......
Duluth, Winnipeg and Pacific ...........
Great Northern ........................
Green Bay & Western ...................
lake Superior & Ishpemning ..............
Minneapolis & St. Louis ................
Minneapolie, St. Paul & 5.S. Marle .....
Northern Pacific .......................
Spokane International ..................
Spokane, Portland and Seattle ..........
Wisconsin Central*. ....................


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

Atchison, Topeka and Santa Pe a/ .......
Chicago, Burlington & Quincy ...........
Chicago, Rock Island and Pacific .......
Colorado and Southern ..................
Colorado & Wyoming ....................
Denver and Rio Grand VWestern ..........
Fort Worth and Denver .................
Northwestern Pacific ..................
Sacramento Northern ................
Southern Pacific Co., Incl. Leaned Linee
Southern Pacific Transp. System / .....
Toledo, Peoria & Western ..............
Union Pacific Incl. Leased Lines .......
Utah ..................................
Western Pacific ......................


Southntg Rmeionp Total ............

Beaumont, Sour Lake & Wetern** ........
International-Great Northernee .........
beneas City Southern ..................
Xansas, Oklahoma & Gulf ................
Louisiana & Arkansas ................
Midland Valley ........................
Missouri-Ranaes-Texas .................
Missouri-Pacific. ....................
New Orlean,s. Txae & Mexico**...........
OkahoMa City-Ade-Atoka .................
St. Louis, Browneville and Mexico.....
St. Loul-San Pranoilco ................
St. Loul., Ban Francisco and Texa ......
St. Louis Southwestern .................
San Antonio, rvalde & Gulf* ...........
Texa and New Orleane ..................
Texas and Northern ....................
Texao and Pacific ...................
Texas Mexican ........................


67,971,922


4,272.944
2,944,034
9,120,163

8,175.547
368,358

20,561,354
393,735
974,314
1,456,723
1,659,732
11,563,012
531.739
4,969,118
2,588,614


185,431,978


61,029,964
23,231,424
21,253,126
1,718,304
424,909
9,329,226
2,237,764
541,880
1,140.295
36,976,933
46,137.734
755,160
20,284,124
d 4.228
6.513.097


56.989,78'


2,422,842
2,655,958
10,279,882
d 687.212
3,661,955
316,510
85,164
17,841.697
130,181
442,591
1.381,598
1.773.982
9,941,817
379,49C
4,636,873
1,726,452


48,854,235


649,680
2,165.009
3,900.805
d 3.051.219
7,739,947
198,497
d 651.450
20,097,529
402,051
969,198
1,333,781
1,029,712
9,794,062
418,708
2,592,161
1,265,784


35,235.616


6 1.105.884
1,964,853
4,911,396

3,320,873
164,599

15.826,847
86,192
461,116
1,295,492
1,214,633
6,893,703
277,603
2,194,490
417,299


37,904,512


1.522,000
1,248,000

12,715,700


12,662.308
431,907
794,026
1,064,504
480,211
4,585,000
265,000
1,423,055
757,263


27,164,944


1,428,000
3,500,000

3,413,700


10,777.651
172,041
370,500
952,330
914,543
4,230,000
75,250
1.330,929


167,895.959 200,744,786 172,978,270 160,346,606 145.922,224


52,031.774
19.882,873
17,898,795
1,439,293
232.964
7,413,870
2.151,403
436,187
190.528
41,881,266
51,516,090
619,573
19,412,644
d__ 130.67
4,435,459


57,660,649
20.017.393
19,441,984
1.717,201
392,845
7,082,752
1,480,205
559,409
577,957
36,223.875
44,004.823
716,919
48.946,414
d 4,031370
5.931.370


48,416,057
16,426,616
15,530,246
1.551,836
199,277
4.974,027
1,239.364
453.720

35.377,098
43,655.769
584,228
44,938,048
d 13,8017,677
3.804,677


56,843,651
18,458,734
11.332.000
1.439,083
454,200
6.990.600
1.153,206
198.220
601,100
23,866,914
31.962.693
967,656
33,200,000

4,841,242


49,571.995
15,666.936
9,995,000
1,131.099
129,700
5,417,125
935,685
765,792

25,436.152
33,433.366
640,574
32,950,000

3,282,166


4 T 1 1 t|


84,172,84"


1.326,334
2,918,118
6,323.736
902,612
4,796.463
240,986
7,431.461
18.771,720
1,181.107
123,692
1,902,703
10,883,497
383,316
8,062,190
__ 339,079
9,160,801
259.549
9.557.207
286,435


84,764.525


59,198,680


5883.1 43. 814 sw 464201 1


27.589.363 27,138,357


86,991,691 84,284,603


1.353.71C
2.398.278
5,912,502
907,505
3,474,704
63,986
7.217,362
20,673,989
2,012,888
110,572
1,322,382
11.163,441
586,258
9,201,407

9,634.824
171,337
8,730,054
306,41C


1,448,953
983,953
4,937,102
805,631
4,430,488
214,832
5,082,065
8,651,528
d __79,0Mo8
107,950
1,298,663
7,730,196
389,745
8,040,706
d 509.06
7,690,948
258,910
8.194,665
190,447


1.437,324
521,899
4,511,049
828.914
3.032.521
23,324
4,.859.510
10,363,761
d 16.435
104,647
754,939
7,528,250
577,925
8,936.674

0,188,671
169,854
7,424,477
219,078


834,956
d 225.000
4,008,200
862,581
3,206,500
196,394
3,983,000
1,528,000
94,955
84,368
d 376.552
6,014.877
412.494
8,936,187

8,095,779
429,800
5,441,000
287.000


1,119,238
.__l .000
5,033,500
1,041.069
2,345,000
772
?.859,000
5.835,000

127,054
353,288
4,360,499
463,865
9,536,853

7,997,214
264,900
4,596,846
245,000


I I I | | 1 |


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


A/ Includes Atohison, Topeka & Santa TFe Oulf, Colorado & Santa re Ry. and Panhandle & Santa Fe y.
k/ Data not included in total. Includes Southern Pacific Company, Texse and New Orleana R. R. Co., and leased lines.


U.S. GOVERNMENT PRINTING OFFICE : 1953 0 270320


Page 2


DIVIDEND
APPROPRIATIONS


1953


$24,375



2,438,746
5.532,147
7,020,000
60,358
767,951

491,642
5,204.,717
3.245,500

150.000


1952




$19,500



.,625.831
4,513.663
7,020,000
60,358
639,959

411.258
4,011,559
2,596,400

105,000


2,970,185
1,070,857
7,716,468




9,131,811
125,000
224,910
600,000

1,579,348
170,784


2,310,453
851,195
7,616,108



9,128,383
125,000
224,910
450,000
719,104
5,579,348
113,856


21,307.270
9,396,129
7,034,770
989,785
440,000
3,876,255


20,356,025
20,356,025
171,500
20,653,549

2,766.408


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

2,782,.33


2,540.996
344.232


?,501,?69




6,381,044

1,853,240


2,342,175


2,540,996
344.223






5,723.276

1.853.240



2,y.2,175


58.843.913


34 ,814.539


66 945 279


51 962 956 12 80) 910


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Subject to revision


UNIVERSITY OF FLORIDA



3 1262 08851 3717


Income Items


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

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


UNITED STATES


EASTERN DISTRICT


POCAHONTAS


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


Statemem t No. M-
OCTOBER JL -





JAN 26 1954


REGION

For the ten a
1953 1


1953 F I I I


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 equlpmnt.......
6-02. Interest deductions / ......... ..........
6-03. Arortlration of discount on funded debt ...
6-04. Total fixed chares................
7. Income after fixed chrres ..................
8. Other Deductions ................................
9. Net Income ...................................
10. Depreciation (Way and structures and EquiDment) ...
11. Federal income taxes ...................... .....

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

Ratio of income to fixed charges (Item 5+6-0) .


$107 331 350
21296 242
128 627 592

4 168 715
124 458 877

6 263 609
27 302 364
275670
33 841 643
90 6172 34
2 938 671
87 678 563

42 682 178
57178 847

23 189 644
6 723 082

3.68


$120 997 874
16 942 002
137 939 876

3 964110
133 975 766

6 417 511
26 939 439
251 427
33 608 377
100 367 385
3 047 952
97 319 437

41 406 155
84 211 92

20 248 721
5 462 222

3.99


$952 692103
191793 321
1 144 485 424

39 559 932
1 104 925 492

62 344 883
271725 402
2 526 941
336 597 226
768 328 266
80873469
739 454 797

418 375 376
557 452 324

214 337 950
64 331 8241
3.28


$(56 877237
177 439 123
034 316 36

40 594 166
993 722 194

64 353137
266 585 036
2 494 0 5
3334322 23
660289971
29737716
630 592 2 55

402 169 321
504447929

187 055 079
59 062 09C
2.98


$Z4 373 4 0
6 858 548
41232 034

899 941
40 332 093

5 335 963
11646 872
94 62 2
17 077 477
23 254 616
1 514 L36
21 740 08C

15 987 1CC
12 875 592

12 458 76c
702 094

2.36


0 911 429
6175 328
7 086 757

924 724
6 162 033

5 498 54 5
.1 605026
90 4 4 8
.7194 019
.8 960 014
1460 269
17 507 74 5

.5 958 654
.7 69 113

6 873 877
539 178
2.68


5320 564 846
62 941446
383 506 292

9 513 271
a73 993 021

52 558 291
117 403 616
818733
170 780 640
203 212 361
14 572 522
188639 859

158 462 319
11 615 954

48 960 406
14 485 935
2.19


$268 501 013
65226589
533 727602

9 590 316
324137284

54 303 8 56
113 989 247
810 32
169103 428
155 033 856
14163565
140070291

152 036 007
89 911 944

L8 515 012
11654 302
1.92


1p0177 819
445 122
10622 941

70.2 26
10 252 715

3074
1409862
15 216
1428152
S8624 5 3
8 078
8 816 485

3 156 743
6 712 4 57


d 38

7.18


. ...-.- .. I kASTERN bislRICI


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. Federal income taxes .............................

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

Ratio of Income to fixed charges (Item 5+6-04)


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


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)


INCLUDING
PnCAHONTAS REGION


SOUTHERN REGION


$6 548
605
7 154

362
6 791

7
1 381
14
1 403
5 387
8
5 379

2 989
2 952


5 877 C04
372 967
4.84


$83 737 962
5 342 892
89 080 854

4013845
85 067 009

69 592
14 060 484
150 937
14 281 013
70 785 9 6
84344
70 701 652

31 031 023
50 765 067

33 589 522
2 790 7 1

5.96


$76 609 146
6 722 240
83 331306

4 317 557
79 013 829

74 806
13 615 646
137423
13 627875
65165 9 54
67192
65098762

29698 321
513335383

39 514 884
2 968 933

5.71


WESTERN DISTRICT


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


$44 551 305
7 203 670
51854 975

127016 7
50584 08

5 339 057
13 056 734
109 838
185 05 629
32 079 175
1 22 614
30 556 56 5

19 143 843
19 588 04


12 458
2 521

2.73


1952


$47 460 271
6 780 565
54 240 836

1 286 970
52 953 866

5 506 446
12 906 51
109 002
18 597 961
34 355905
1468 972
32 886 933

18 941 483
20 641 787

12 750 881
912 14 5
2.85


$404 302 808
68 284 338
472 587146

13 527116
459 060 030

52 627 883
131 464100
969670
18 061653
273 998 377
14 656 866
259 341 511

189 493 342
169 581 021

62 549 928
17 276 726
2.48


$345 110 159
71948 829
417 058 988

13 907875
403151113

54 378 662
127 604 893
947748
182 931303
220 219 810
14250757
205 969 053

181 734 328
141245327

68 029 896
14 823 235
2.20


1953


$16 376 510
3 295 280
19 671 790

729137
18 942 653

794 004
4 085 411
26 382
4 905 797
14 036 856
241 778
13 795 078

6 080 975
9 446 331


10 32 825
760 2 23

3.86


$14 49J5430
2 651 813
17 14524 3

10 1359
16123 884

779 538
3 989 884
25 844
4 795 266
11 328 618
356297
10 972 321

5 901 503
12 925 882

7101 166
671 90O
3.36


$164 409 012
21992 568
186 401600

7 179 902
179 221618

8 142 703
40 385 911
290 093
48818707
130 402 911
2 41424 5
127 988 666

58 757 412
97 861179


41488 322
3 372 393
3.67


$143 072 631
20 769 599
163 842 23C

8241 474
155 600 7 56

8 021 857
39993769
300 091
48 315 717
107 285 039
3 219819
104065220

57 509 563
92 525 896


31103 232
3 679175
3.22


$46 403 535
10697 292
57 100 827

2 169 411
54 931 416

130 548
10160219
139 450
10 430 217
44 E01199
1174 2 79
43 326 920

17 457 360
28 144467


397268E
3 041127
5.27


044 173
509624
553 797

655 761
698 016

131 527
963 042
120 5 1
215 150
682 866
228 683
460182

563 173
644 259


396 674
878 067
6.35


$383 980 26
101 516 395
4b5 496 678

18852 834
466643844

1 574 297
99 875 351
1 267178
102 716 666
363 926 978
11 802 358
352124 62

170 124 622
270 210 1 4

90 299 70C
43 682 705
4.54


p360 694 447
84720695
453 415142

18444 817
434 970325

1 452 618
98 986374
1246211
102185 203
532 785 122
1226714C
320517982

162 V25 430
270 676 706

87 921 951
40579 680
4.26


+ J ..,I -_ _ _ _


UNITED STATES

Balance at the end of October


Selected Liability Items


+ -'--- Fi -


$322,860,725

746,496,089

457,646,633
96,311,650


954,533,710
1,050,920,070
70.798,885
3,339,583
63,472,730
178,285,913
363,895,500
831,743,228
17,985,329
240,912,084
30,249,735


$320,437,018

796,737,448

482,323,588
87,201,044


941,879,730
984,959,355
85,786,539
1,o94,848
70,763,717
168,651,17
372,218,69Z
856,211,108
15,526,715
229,968,712
39,232,719


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 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 October
1953 1952


$197,448,992


2,495,633
109,864,315
538,442,124
227,502,377
29,151,359
3,776,615
80,528,527
42,549,548
223,813,891
940,927,520
95,173,845

2,294,225,754


733,489,649
207,437,871
285,388,025


$221,135,703


3,140,990
105,615,241
532,564,653
217,025,361
30,102,217
3,703,488
83,437,105
43,732,912
217,459,619
929,729,860
124,374,464

2,290,885,910


737,618,847
192,111,013
284,876,938


ANALYSIS OF NET INCOM--ALL CLASS I RAILWAYS *


Period


Report showing
Net Income


Number Amount


Reports showing
Net Deficit

Number Amount


October .. 1953 105 $90,218,183 17 (2,539,620
October .. 1952 105 99,657,460 17 2,338,023
10 months 1953 108 757,165,702 1h 17,710,905
10 months 1952 102 651,620,760 20 21,068,505


Exclude 4 roads whose net income (or deficit, was
absorbed by the cor.trolllin coiapnny.


d Decrease, deficit, or other reverse item.
1/ 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.


LL-
>*





0 AL
> rr



4 ....


3,812,136,767 13,766,293,316


L


I I i I I I i


jjj- -j...


4--; '


-r


I


r


20.


--- -- .- -- -i -1 1 1 i -, i


LL


-)d.


32-


1952


1952.







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TEN lOMTHS EDED OCTOBER 1953 AND 1952


page 2


NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDED
INCOME TAXES APPROPRIATIONS INCOME TAXES APPROPRIATIONS
Region and railway Region and railway__
1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

United States Total ................. $952,692.103 $856,877.237 $739,454,797 $630,552,255 $537.452.324 $504,447,929 $278,669,774 $246,137,169 Southern Region Continued
Eastern District Total .............. 320,564,846 268,.501,013 188,639.859 140.870,291 118,615.954 89,911,944 63.446.341 40,369,314 Clinchfield ............................ $7,346,805 $7,531,923 $811,694 $812,795 -
Columbus. and Greenville .................. 132,429 104,909 $143,386 $122,041 148,320 151,200 $24.375 $19.500
Eastern District Incl. Pocahontas Florida East Coast ..................... 2,450,412 3,451,117 d 1.320.880 d 571.103 -
Region Total ..................... 404,302,808 345,110,159 259,341.511 205,969,053 169,381.021 141,245,327 99,826,654 82,853.,131 Georgia R. R. Lessee Organization .... 1,452,428 1.358,897 -
Georgia & Florida* ....................... 107,947 130,056 d 703145 d 662.743-- -
New England Region Total ............ 15,109,191 13,071,792 5,216,595 3,778.658 5,140.085 4,684,410 3,098,539 1.445,377 Georgia Southern and Florida ............ 621,646 670,571 395,105 430,361 395,000 480.000
Gulf, Mobile and Ohio .................. 9,462,399 9,000,010 7,217,402 6,657,645 6,152,000 6,282,000 2,438,746 1,625,831
Bangor and Aroostook .................. 1,683.490 1,292,008 720,993 730,512 545,488 435,601 191,400 191,400 Illinois Central ....................... 28,611,140 24,969,513 22,217,601 16.795.904 22,967,000 17,732,578 7,229.619 4.513.663
Boston & Maine ........................ 4,300,075 3.529,197 1,095,801 370,183 1,686,685 1,430,615 Louisville and Nashville ............... 29,348,254 21,807,841 26,698,488 19,396,185 20,098,860 14,987,139 11,700,000 10,530,000
Canadian National Lines in New England d 1.305.006 d 1.541.965 d 1.426.753 d 1.663.028 Mississippi Central .................... 238,169 179,212 173,324 129,844 111,253 156,822 60,358 60,358
Canadian Pacific Lines in Maine ....... 201,103 d 34,426 Nashville, Chattanooga & St. Louis ..... 4,962,887 4,880,692 3,865,091 3,761,913 2,837,032 2,782,519 1,023,934 895,942
Canadian Pacific Lines in Vermont ..... d 1.088.457 d 757.589 New Orleans and Northeastern ............. 2.063,862 1,398,799 2,140,503 1,501,904 2,275,000 2,080,000 -
Central Vermont........................ 736,907 243,601 d 641,506 1.134374 Norfolk Southern ........................ 727,815 780,672 636,684 720,349 622,468 530,714 491,642 411,258
Maine Central ......................... 2,112,305 2,188,161 985.599 1,298,702 937,912 1.174,194 79,936 79,495 Seaboard Air Line ...................... 19,986,330 18,552.915 17,574,088 15,966.527 8,388,000 9,980,000 5,204,717 3,923,326
New York Connecting ................... 546,760 441,473 4,932 d 169.578 Southern ............................... 34,050,441 27,432,203 26,151,496 19.173,195 23,184,637 21,645,000 5,618,251 4,644,600
New Tork, New Haven and Hartford ...... 8,013,827 7,808,223 4,592,174 4,441,625 1,970,000 1,644,000 2,827,203 1,174,482 Tennessee Central.......................... 335,630 420,135 78,409 192.595 6,698 100,128 -
Rutland ..................... ...........d 91811 d 96.891 d 114.645 d 95.384 Western Ry. of Alabama ................. 433,122 403,603 408,011 385,699 293,058 290,867 300,000 240,000
Great Lakes Region Total ............ 149,319,488 119.582,408 98,794,655 69,834,955 53.032.651 45,776,359 28,343,178 14,135,032 Western District Total ............... 383,980,283 368,694.447 352,124,620 320,517,982 270.210,124 270,676,706 133,982,405 128,501,631
Ann Arbor ............................. 854.459 470,547 701,823 361,851 441,307 d -77.687 Northwestern Region Total ............ 82,434,299 74.489,369 60,100,094 49,641,760 46,083,051 37,706.24 30,630,490 30,182,688
Cambria and Indiana ................... 779,078 626,639 756,587 611,761 541,182 473,268 300,000 180,000 -
Delaware and Hudson ................... 8,490.243 5,819,507 6,826,849 4,389,461 577,000 2,672,000 Chicago and North Western .............. 6,489,886 5,800,905 2,449,387 1,852,103 2,970,185 2,330,453
Delware, Lackawanna and Western ...... 8.699,979 8,433,940 5,696.713 4.839,733 2,844,929 3,123,008 844,41? 422,206 Chicago Greet Western .................. 3,387,035 3,045,051 2,516,893 2,265,411 1,792.000 1,650,000 1.070,857 851,195
Detroit and Mackinac .................. .. 295,711 257,184 292,515 227,523 227,424 196,014 Chicago, Milwaukee, St. Paul and Pacific 11,592,486 12,645,113 5,808,163 6,682,129 2,419,000 4,947,000 7,716,468 7,616,108
Detroit and Toledo Shore Line .......... 1,023,929 854,095 973,719 779,175 916,920 688,726 200,000 200,000 Chicago, Saint Paul, Minneapolis & Omaha d 963.634 d 41019 d 2.951.127 d 2.376.381 -
Erie .................................. 16,465,134 14,711,972 10,780,688 9,997,728 7,178.711 5.105,771 3,852,066 3,852,066 Duluth, Missabe and Iron Range........... 9,460.508 5,035,334 8,971,918 4,648,637 14,617,800 4,764,500
Grand Trunk Western ................... 4,031,648 695.147 810,620 d 2.382.068 7,635 12,546 Duluth. South Shore end Atlantic ....... 455.758 413,103 254,137 249,465 d 24.462 -
Lehigh and Hudson River ............... 395,647 370,052 406,081 377,348 312.597 244,077 211,365 211,365 Duluth, Winnipeg and Pacific ........... d 08.649 18,683 d 768.588 d 339,614 -
Lehigh and New England ................ 1,429,850 1,722,030 1,289,877 1,564,674 1,059,242 1,416,169 680,000 680,000 Great Northern ......................... 24,954,791 22,690.187 23,925,188 20,080,697 16,227,066 15,277,651 12,172,938 12,172,714
Lehigh Valley ......................... 9,100,153 9,601,254 5.907,821 6,518,307 1,862,100 3,547,000 Green Bay & Western .................... 429,225 161,601 425.575 107,819 482,588 204,521 125,000 125,000
Monongahela ........................... 412,669 418,316 23,979 d 34,468 266,641 49,845 Lake Superior & Ishpeming................ 1,236,528 610,029 1,231,129 630,053 817,026 534,000 224,910 224,910
Montour ............................... 543,775 395,021 512,446 372,463 381,369 268,134 Minneapolis & St. Louis ................ 1,728,503 1,710,663 1,585,.793 1,613,222 1,201,504 1,216,630 600,000 450,000
New York Central ...................... 52.743,527 36.735.154 30,039,053 13,932,308 8,253.258 3,281,978 3,223,697 Minneapolis, St. Paul S.S. Marie ..... 1,928,398 2,247,935 1,231,620 1.623,494 400,211 1,139.543 719,104
New York, Chicago and St. Louis ....... 19,159,851 18,717,890 15,745,312 15,225,513 16.337,000 15,122,000 12,390,799 4,4U6,774 Northern Pacific ....................... 13,440,084 12,644,574 10,961,655 9.011,167 5,605,000 6,200,000 5,579,348 5,579.348
New York. Ontario and Western ......... d 518.343 d 176.577 d 1.764,576 d 1.590.813 Spokane International ................... 579,022 422,866 451,210 310,009 290,000 96.750 170,784 113.856
New York, Susquehannp and Western ..... 428,736 437,904 7,270 d 66,647 11,938 Spokane, Portland and Seattle ........... 5,234,868 5,088,657 2,588,543 2,365,291 1,423,055 1.540,929 -
Pittsburgh and Lake Erie .............. 11,826,948 8,049,988 9,476,528 5,936,474 5,013,610 3,325.491 3.886,425 1,727,300 Wisconsin Central*...................... 2,889,490 2,367,687 1,418,598 918,259 832,263 135,000 -
Pittsburg & Shawmut .................... 607,667 529,534 474,286 389,515 8,805 23,000 -
Pittsburgh and West Virginia .......... 1,192,490 1,061,297 785,663 663,662 536,847 530,975 457,500 457,500 Central Western Region Total ......... 207,953.893 196,314,163 226,753,536 202,145,500 177,311,055 176,831,132 87,388,959 84,681,277
Wabash ................................ 11,376.337 10,051.714 9,051,401 7,721,455 6,254,136 5.774,044 2,296,914 1.,997,821
Atchlson, Topeka and Santa Ye a/ ....... 66,230,148 58,188.187 62,530,036 54.291,142 60,271,651 59,651,129 21,307,270 26,161,390
Central Eastern Region Total ........ 156,136,167 135,846,813 84,628,609 67,256,678 60,443,218 39.451.175 32,004,624 24,788,905 Chicago, Burlington & Quiney ........... 26,277,052 23,457,162 22,414,217 19,666,664 20,937,512 19.053,836 9.396,129 5,979.355
Chicago, Rock Island and Pacific ....... 23,496,535 20,489.291 21,471,668 17,763,647 11,610,000 11,567,000 7,034,770 6,870,838
Akron, Canton and Youngstown ........... 786,011 659,117 704,181 562,657 561,941 197.086 162,508 164,900 Colorado and Southern .................. 1,908,517 1,729,743 1,904,207 1.819,792 1,5Y8,303 1,326,338 989,785
Baltimore and Ohio .................... 40,122,825 37.024,707 23,429,060 20,596,912 11,531.794 8.947,939 4,917,478 Colorado & Wyoming ...................... 470,040 283,875 434,422 245,753 494,700 171,600 440,000 352,000
Bessemer and Lake Erie ................. 5.735,160 4,948,456 5,526,298 4,743,441 6,956,158 4,166,755 359,976 359.976 Denver and Rio Grande Western .......... 10,771,133 8,898,383 8,304,234 6.210,803 8,266,700 6,750,625 3,876,849 2,681,596
Central R. R. Co. of New Jersey ....... 4,498,122 4,146,365 1,386,132 4,312,244 134,095 678.802 2,745,150 Port Worth and Denver .................. 2,344,653 2,483,103 1,507,340 1,495,001 1,129,651 1.156,587 -
Chicago & Eastern Illinois ............. 3,631,036 3,535,559 2,213,461 2,158,148 897,100 986,000 973,117 1,343,139 Nortnwestern Pacific..................... 674,748 382.084 693,631 401,329 248,211 858,766
Chicago & Illinois Midland ............ 680,658 167,950 593,812 108,709 622,485 105,388 Sacramento Northern .................... 1,136,227 417,169 514,126 d 226.8314 601,100 -
Chicago, Indianapolis and Louisville .. 1,644,779 1,439,608 986,806 787,178 668,000 854,000 429,642 429,642 Southern Pacific Co., Incl. Leased Lines 41,597,701 48,754,730 41,399,575 41,452,906 26,709,306 30,735,145 20,356,025 18,633,342
Detroit, Toledo and Ironton ............ 2,523,782 2,061,037 2,237,119 1,766,347 1,625,153 1,618,025 490,666 490,666 Southern Pacific Transp. System Vb ..... 51,819,549 59,890,675 50,089,143 51,071,985 35,875,049 40,259,547 20,356,025 18,633.342
Elgin, Joliet and Eastern ............. 3,981.843 2,911.759 3,768,028 2,774,966 5,722,229 2,884,185 Toledo, Peoria & Western ............... 836,920 744,967 797,477 708,027 1,055,779 775,540 171,500 170,000
Illinois Terminal ........................ 1,014,931 867,969 511,264 414,651 231.907 564,667 100,000 Union Pacific Incl. Leased Lines ....... 24,666,897 25,141,789 57.899,954 5J,685,007 38,700,000 40,400,000 20,653,549 20,653,549
Long Island ......................... 389,225 d 1,693.365 d 1.73.178 d 4.186.76 Utah ................................... 26,446 d 119.147 26,524 d 120,258 -
Missouri-Illinois ..................... 850,414 735,957 879.461 759,328 852,000 665,500 270,000 Western Pacific ........................ 7,516,876 5,462,827 6,856,125 4,752,521 5,708,142 4,384.566 3,163,082 3179,207
Pennsylvania .......................... 70.391,966 63,037,413 31,472,166 23,500,926 17,928,000 5.895,000 19,751,631 13,167,754
Pennsylvania-Reading Seashore Lines ... d 3.295.207 d 3.340,098 d 4.071.707 d 4.111.76 623,352 606,590 -
Reading ............................... 14,330,913 12,711,361 10,629,205 9,354,886 6,135,204 6,934,138 4,476,056 4,475,738 Southwestern Region Total ............ 93,592,091 97,890,915 65,270,990 68.730,722 46,816,018 56,139,050 15,962,956 13,637,666
Staten Island Rapid Transit ........... d 297.,424 d 239.1305 d 78.409 d 668.543 -
Western Maryland ...................... 9,147,133 6,872,323 6,834,910 4,383,358 5,953,800 4,346,900 443,550 1,241,940 Beaumont, Sour Lake & Western* .......... 1,556,581 1,520,166 1,693,295 1,614,449 855.956 1,232,238 -
International-oreat Northern* ........... 3.139,369 2,836,358 993,607 741,193 d 313.000 115,000 -
Pocahontas Region Total ............. 83,737.962 76,609,146 70,701,652 65,098,762 50,765,067 51.333,383 36.380,313 42,483,817 Kansas City Southern ................... 6,916,620 6,699,627 5,389.387 5,104.890 4,223,200 5,915,500 2.540,996 2,540,996
Kansas, Oklahoma & Gulf ................. 1,024,165 1,089,489 917,117 996,655 936.715 1.138,291 344,232 344,223
Atlantic and Danville ................. 25,068 74,651 d 36.13 d 14.501 6,002 Louisiana & Arkansas ................... 5.296,918 3,879,715 4,913,140 3.398,481 3.467,500 2,543,000 -
Chesapeake and Ohio ................... 51,252,588 44,587,824 40,029,567 34,399,717 23.110,000 21,800,000 18,099,299 24,094,455 Midland Valley ........................... 258,947 89,721 222,287 37,868 204,470 788 -
Norfolk and Western ................... 23,647.554 22,441,786 23,591,094 22,515,400 20,950,000 20,750,000 13,318.053 13,318,053 Missouri-Kansas-Texas ................... 8,103,032 8,358,471 5,493,407 5.746,674 4,162,000 4,412,000 2,501,269 833,756
Richmond, Fredericksburg and Potomac .. 2,681,070 2,742,746 2,580,210 2,812,775 2,307,450 3.297.320 940,297 1,048,645 Missouri-Pacific**....................... 20,826,908 23,651,140 9,372,395 11,981,573 1,428,000 7.540,000 -
Virginian ............................. 6,131,682 6,762,139 4,536,934 5.385,371 4.391,615 5,486,063 4,022,664 4,022,664 New Orleans, Texas & Mexico** .......... 1.277,396 2,285,183 d 873.116 4 1.591 34,955 d 197.839 -
Oklahoma City-Ada-Atoka .................... 146,005 115,000 130,098 102,141 106,517 141,759 -
Southern Reeton Total ............... 164,409.012 143,072,631 127,988,666 104,065.220 97,861,179 92.525,896 44,860.715 34,782,407 St. Louis, Brownsville and Mexico" .... 2,047,784 1,447,401 1,376,372 812,155 d 391.552 419,288 -
A- --16,1 St. Louls-San Francisco ................ 12,324,283 13,250,837 8,769,047 9.212,884 6,782,878 5,628,499 6,381,044 5,723,276
Alabama Great Southern ................ 2,471,584 1,369589 2,815,949 1.713.347 1,065,000 1,405,000 896,828 896,828 St. Louis, San Francisco and Tes ..... 407,783 641.823 413,618 632,532 437,494 534,865 -
Atlanta & Saint Andrews Bay ........... 487,332 478,615 486,708 487,772 782,759 676.975 2,879,872 78,000 St. Louis Southwestern ................. 9,233,254 10,624,041 8,877,433 10,311,200 8,992,842 11,327,613 1,853,240 1,853,240
Atlanta and West Point ................ 187,583 152,279 216,406 184,284 62,905 175,015 147,816 98,544 San Antonio, Uvalde & Gulf t .. ........... d 379,777 d 4 92 d 566. 0 2 d 652.046 -- .
Atlantic Coast Line ................... 7,597,035 9,601,803 10.310,102 12,027,041 d '2200 6,250,000 4,948,332 4,948,332 Texas and New Orleans .................. 10,221,848 11,135.946 8,589,567 9.519,079 9,165.743 9,524,402 -
Central of Georgia .................... 3,483,550 2,660,240 2,375.158 1,637,697 762,891 362,174 Texas and Northern ..................... 275,567 188,521 274,927 186,926 462,300 295,800 -
Charleston & Western Carolina ......... 730,660 501,409 394,818 159,919 220,000 45,000 Texas and Pacific...................... 10,603,672 10,239,539 9,077,146 8,760,578 5,936,000 5,297,846 2,342,175 2,342,175
Cincinnati, New Orleans & Texas Pacific 7,119,552 5,235,628 5,714,162 3,854,844 6,790,000 5,600,000 1,896,225 1,896,225 Texas Mexican ............................ 311,736 324,429 208,185 225,081 324,000 270,000 -,-


* Report of receiver or receivers.
55 Report of trustee or trustees.
D deficit or other reverse item.


a] Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa f'e Ry., and Panhandle & Santa Fe Py.
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: 1953 0 210320








Subject to revision


-C )s 3q; ?SJ/I/


UNIVERSITY OF FLORIDA


3 I1262 lli0885 i ji I INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


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. Arortization of discount on funded debt ...
6-04. Total fixed charges ..................
Income after fixed ch-rees ...................
Other Deductions ..................................
Net income ...................................
Depreciation (Way and structures and Equipment) ...
Federal income taxes.............................

Dividend appropriations:
12-01. On common stock .........................
12-02. On referred 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. Federal income taxes ..............................

12. Dividend appropriations:
12-01. On common stock ..........................
12-02. 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-
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
3p. Total current assets (items 21 to 31)


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


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

T


UNITED STATES


mro e o J 56
21088 581
99 614 763

4 089 491
95 525 272

6 125 751
27 244 064
291 999
33 661 814
61 863 4 58
2 903 355
58 960 103

43 002 520
24 440 232

61296 222
7 456 710

2.84


For the eleven mon f


EASTERN DISTRICT


N IOCAHONTA1.RE-ION


For the month or November


For the eleven months of


1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952


$111 022 388
16 940 529
127 962 917

4 167 939
125 794 978

6 226 433
26 882 370
278 136
33 386 939
90 408 039
2 977 494
87 430 545

41 543 024
63 993 961

47 577 619
10 059 211

3.71


1031 517 284
212 8819 04
1 244 399 188

43 649 423
i 200 749 76 5

68 470 63 5
298 969 467
2 818 940
370 259 04 2
830 490 723
31776 824
798 713 85

461 377 e93
561647 556

275 63417
72 538 534

3.24


$968 789 62
194 379 6 5
1 163 169 27E

44 762 10
L118407172

70 579 565
29346740d
2 772 188
366 819 16
751 588 01C
32 715 21C
718 872 80C

443 712 346
567 628 885

234 632 698
69 141 3 01

3.05


$24 506 462
6 290 498
31 396 9 60

772 999
30 623 961

5 189 2 25
11 734 537
121 819
17 045 581
13 578 380
1 471 001
12 107 379

16 030 057
669 554

7 685 6 51
1 019 521

1.80


$37 729 799
6 111 370
43 841 169

1 005 775
42 835 394

5 298 907
11 524 788
88 390
16 912 085
25 923 309
1 404 85'4
24 518 455

15 897 332
15 332 936

7 863 569
5 735 688

2.53


1345 370 308
69 831944
415 202 2852

10 286 270
4049159862

57 747 516
129 138154
940 552
187 826 222
217 089 76 0
16 043 523
201046 237

174 492 374
119 040 508

56 646 057
16 255 456

2.16


$307120 812
7133796C
378 458 772

10 596 094
367 862 678

59 602 762
125 514 036
898 715
186 015 513
181847165
15 568 419
166 278746

167 933 339
104 431880

36 78581
17 589 990

1.98


$6 911 2 14
627 155
7 538 369

330 424
7 207 945

8871
1405 702
15 2 15
1 429 788
5 778 157
8 078
5 770 079

3 174 4 52
2 982 728

14 427 510
180 9 3 7

5.04


$11 387 840
895294
12 283 134

520 346
11 762 788

6194
1393494
15 301
1 414 989
10 347 799
8 703
10 339 096

3 024 171
8 187 914

8 434 237
30024
8.31


$90 649176
5 970 04 7
96 619 223

4 344 26 9
92 274 954

78 46
15 466 186
166152
15 710 801
76 564 153
92 422
76 471731

34 205 475
53 747 795

48 017 032
2 971728

5.87


t L ___EASTEN D.ITRICT- L .l


INCLUDING
POAHrONTA AC DrPifhJ


SOUTHERN REGION


---- ->J r________


For the molith of NY be


$31417 676
7 517 6 53
38 935 329

1103 423
37 831 906

5 198 096
13140239
137 034
18475369
19 356 537
1 479 079
17 877 4 58

19 204 509
3 652 2 82

22 113161
1 200 4 58

2.05


For the eleven months of


For the month of November


Foo the e moth of For months om
T o1 1 t < 1oro I r F .n 4 "Z7 -


87 996 986
7 617534
95 614 520

4837903
90776 617

81000
15 009140
152 724
15 242 864
75 533 7 53
95 895
75 437 858

32 722 492
59 521297

47 949121
2 998957

5.96


$49 117 639
7 006 664
56 124 303

1 526 121
54 598 182

5 305 101
12 918 282
103 691
18 327 074
36 271108
1 413 557
34 857 551

18 921 503
23 520 850

16 297 806
5 765 712
2.98


*436 019 484
75 801 991
511821475

14 630 539
497 190 936

57 825 979
144 604 34
1106 704
203 537 023
293653913
16 135 945
277 517 968

208 697 849
172 788 303

104 663 089
19 227184
2.44


$3951177 98
78 955 494
474 073 292

15 433 997
458 639 295

59 685 762
140 523 176
1051439
201258377
257 380 918
15 664 314
241716 604

200 655 831
163 953 177

84 327702
20588 947
2.28


$14 590 417
1 601 731
16192148

607 336
15 584 812

790 669
4 09 4 63
27 962
4 917 094
10667 718
241 401
10 426 317

6 123 6 38
4 804 991

3 960 133
1111 916
3.17


$18 327 217
1 796 288
20 123 505

903 215
19 220 290

790 200
3 977 071
38 608
4 805 879
14 414 411
352 733
14 061 678

5 926 285
9 224 457

4 430 876
634 947
4.00


$178 999 429
23 594 319
202 593 748

7 787 318
194 806 43C

8 933 372
44 484 374
318 05 5
53 735 801
141070 629
2655646
138 414 983

64 881 05 0
102 666 170

45 448 456
4 484 309
3.63


$161399 848
22 565 887
183 965 735

9144 689
174 821046

8 812 057
43 970 840
338 699
53 121 596
121 699 4 50
3 572 552
118 126 898

63 435 849
101 7503 53

35 534 108
4 31412 2
3.29


$32 518 089
11 969 19
44 487 286

2 378 732
42 108 5 54

136 986
10005 362
127 003
10 269 351
31 839 203
1182 875
30 656 328

17 674 373
15 982 9 59

35 222 928
5144 336
4.10


7 7 L ,fr ----


UNITED STATES

Balance at the end of November


Selected Liability Items


UNITED STATES

Balance at the end of November
1953 1952


T 1 1 + .


$359,735,533
807,171,736

452,533,772
95,259,689


.4. 4


956,946,453
1,055,571,106
81,083,325
3,319,685
63,747,486
177,880,065
352.200,977
834,690,723
19,813,770
228,445,531
36,410,578
3.810.109.699


*354,370,341
860,535,961

478,301,738
101,715,997


1,031,396,769
1,027,950,015
101,574,353
1,086,756
63,633,446
193,771,392
381,149,315
842,623,530
18,481,442
230,260,135
38,926,061
3.930.8531.214


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


$239,528,628 $163,877,914


2,461,225
111.301,129
546,163,463
217,343,561
39,374,692
10,457,155
89,262,066
100,721,758
224,739,031
941,391,201
88,094,510

2,371,309,786


765,607,127
175,784,074
284,544,707


2,183,662
138,527,092
580,419,786
226,574,171
40,597,324
16,525,965
90,876,112
84,870,816
222,015,113
961,588,162
113,653.330
2,477,831,533


774,584,400
187,00o.762
280,044,894


(43 577 532
8137 577
51 715 109

1 738 60
49 976 506

131132
9 987 017
135 837
10 253 986
39 722 520
1 211 204
38 511 316
16 695 236
31 248 654

26 6848 937
3 658 552
4.87


$416 498 371
1135 485 594
529 983 965

21 231 566
508 752 399

1711284
109 880 75 5
1 394 181
112 986 218
395 766 181
12 985 233
382 780 948

187 798 994
286 193 08

125 522 628
48 827 04
4.50


1952


4 12 271977
92 858274
505130 2 51

201835 420
484 946 831

2 083 750
108 973 391
1382 048
112 439 18S
372 507642
13 478 344
359 029 298

179 620 666
301 925 359

114 770 888
44238 232
4.31


ANALYSIS OF NET ICOME--ALL CLASS I RAILWAYS


Period


Report showing
Net Inoome


November ... 1953 100 62,479,550 22 3,519,447
November ... 1952 106 89,623,759 16 2,193,214
11 months .. 1953 106 818,624,603 16 19,910,704
11 months .. 1952 104 741,231,085 18 22,358,285


Reports showing
Not Deficit


Net Deficit


* Excludes 4 roads whose not income (or deficit) was
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.
/ Includes obligations which mature not more than one year after
date of issue.


i i


I I I I I I I ----r


J I


i


i i -, --- ,


I


POCAHONTAS REGION


of November


.f W


For the month of November


For the eleven months f


For the eleven months of


For the month of No r


For lhm ev1 -t. -.


1953


1952


1952


T 4


NumberI Amount


Number Amount


Statement No. M-125

NOVEMBER 1953


WESTERN DISTRICT










INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR a EM a O1THS ENDED NOVWIa 1953 AND 1952


NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND NET RAILWAY OPERATING N INCOM FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONS INCOMEr N N1 19515 TAXES APPROPRIATIONS


1953 1952 1953 1952 1953 1952 1953 1952 1953 192 1952 1952 1953 1952 1953 1952


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


$1,031.517,284 $968,789,623 $798,713,899 $718,872,800 $561,647,556 $567,628,889 $348,172,707 $303,773,999


Eastern District Total .............. 345,370,308 307,120,812 201,046,237 166,278,746 119,040,508 104,431,880 72,901.513 53,968.571

Eastern District Incl. Pocahontas
Region Total ..................... 436,019.484 395,117,798 277,517,968 241,716,604 172,788,303 163,953,177 123,890,273 104,916,649


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

Bangor and Arooetook ..................
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 ......
Butland ...............................

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 ..........
Wabash ........... ................


Central Eastern Region Total ........

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


5.646.290


5.318.155


5.028,263


5,222,979


3,098.539


3,805,951


______ -I- -- ___________ -4_ 41


761 396 501 155 552,047


784,052
1,102,133
d 1.575,371


d 718.396
1,061,558
d 19.758
5,102.308
d 90.236


106,059,802


745,442
846,077
7,455,063
6,004,776
307,091
997,574
11,755,029
627,236
441,097
1,400,629
6,403.087
16,562
570,375
32,081,441
16,808,128
d 2,006.794
d 58.322
10,492,482
506,467
885,550
9.780.812


921,779
551,737
d 1,824,059


d 1.143,072
1.392,454
d 137,231
5,652,513
d 95.966


81,289,348


407,926
684,263
4,933,028
5,472,863
252,472
893,673
11,500.952
d 2.451.398
440,543
1,738.522
7,313.323
95,145
427,983
17,494,305
17,070,514
d 1.716.609
d 29.404
6,814.775
422,156
761,381
8.762.935


574.870
1,724,260




1,035,593

1,693,540


53,665,692


464,838
610,202
577,000
2,825,522
233,473
988,002
7,474,318
8,590
337,122
1,141,402
1,866,600
251.384
412,159
6,179,674
17.462,500

11,938
5.508,960
8,805
569,230
6.733.973


601,473
1,658,083




1,265,423

1,698,000


52,123,831


d 84.303
523.292
3,023,000
3,627,176
211,605
797,327
6,047,658
14,203
235,144
1.575,136
3,892,200

330,560
3,626,594
17,054,000


4,064.277
46,000
614,555
6.525.407


191,400





79,936

2,827,203


37,048,644


300,000

844,412

220,000
6,302,274

211,365
1.700,000
449,115


3.223,697
14.459,884

750,000
3,886,425

610,000
4.091.472


191,400





79,495

3.535,056


20,634,154


Southern Region Continued

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

Western District Total ...............


$7,850,885
130,418
2,415,785
1,611,800
109,950
641,808
10,265.539
31,019,746
31,600,213
248,758
5,410,698
2,271,745
811,574
21,661,714
37.619,306
365,178
495,.436

416,498,371


$8,379,224
119,665
3,502,725
1,481,159
172,216
770,805
9,898,380
28,688,164
24,146,695
188.398
5.455,072
1,607.793
834,440
20,379,050
31,589,962
474,084
434,932


$143,704
d 1.691.415

d 783.613
396,852
7,790,540
23,970,134
28.508,807
176,467
4,193,087
2,356,685
710,538
19,091,930
28,933,105
80,863
466,613


$137,605
d 847.723

d 701.903
508,741
7,327,359
19,730,975
21,487,948
134,010
4,222,655
1,723,696
762,398
17,588,744
22,455.717
223,609
415,056


$908,150
152,620



365,ooo
6.578,000
24,620,000
21,446,036
108,474
3,007,030
2,415,000
652,468
8,942,000
23,419,637
d 6,698
345.020


$895,033
179,600



570,000
6,899,000
20.985,578
16,515,391
163,687
3.150,053
2,400,000
545,714
10,865,000
22,945,000
117,833
300,408


$24,.375



4,523,195
7,229,619
11,700,000
60,358
1,023,934

655,522
5,204,717
5,618,252

300,000


412,271,977 382,780,948 359,029,298 286,193,083 301,925,359 174,349,669


1 1 1 1 1 1 t t t ~1~


180,000

422,206

220,000
6,302,274

211,365
1,360,000



5,875,888


3.454,600

610,000
1.997.821


I. 1. ....II IIi .-+1 -- .-, -!- -


89.340.145


79.671.243


60.346.5531


47,.085.070


32,754.330


. . 4


736,399
25,468,759
5,985,714
1,455,514
2,402,144
674,089
1,101,495
2,472,430
3.159,805
618,371
d 2,110,948
907,948
32.834,344
d 4.605.394
11,632,008
d 812,568
7,420,035


646,632
23.950,899
5,214,731
4,502,530
2,347,700
212,160
986,316
2,017,730
3,345.709
444,045
d 4.606,179
815,842
29.349,526
d 4,575,011
10,695,032
d 783,994
5,107,575


576,544
10,529,468
7,447,085
135,384
953,600
708,485
753,000
1,806,544
4,477,394
254,907

902,000
18,242,000
685,687
6,466,955

6,407,500


220,888
10,906,217
4,457,.935
680,362
1,004,700
217,388
982,000
1,830,171
3,523,445
621,566

763,500
8,274,000
677,364
7,940.534

4,985,000


162,508
4,917,478
419,976

973,117

429,642
490,666



270,000
19,751,631

4,895,.762

443,550


29,528,466

164,900
4,276,740
419.976
2,745,150
1,343,164

429,642
490,666

100,000

253,090
13,167,754

4,895,444

1,241,940


Pocahontas Region Total .............. 90,649,176 87,996,986 76,471,731 75,437,858 53,747,795 59.521,297 50,988,760 50,948,078

Atlantic and Danville ................. 20,009 61,950 d 44,840 d 35,880 -
Chesapeake and Ohio ................... 55,203,459 51,426,544 42,819,682 40,101,688 24,080,000 25,780.000 24,135,107 24,094.425
Norfolk and Western ................... 25.859,019 25.838.133 25,762,074 25,920,654 22,700,000 23,850,000 20,350,468 20,350,468
Richmond, Fredericksburg and Potomac .. 2,842,728 2,957,144 2,972,413 3,281,230 2.429,450 3,584,320 1,698,733 1,698,733
Virginian ............................. 6,723,961 7,713,215 4,962,402 6,170,166 4,538,345 6,306,977 4,804,452 4,804,452


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


138,414,983

3,074,894
543,781
250,834
11,045,480
2,585,792
420,198
6,149,707


118,126,898

2,053,302
536.017
189,637
13,221,289
2,094,728
234,150
4,628,888


102,666,170

1,145,000
857,205
83,337
d 550,000
712,891
200,000
7,265,000


101,750,353

1,555,000
745,181
190,201
6,050,000
247,674
45,000
6,385,000


49.932,765

1,793,656
2,879,872
147,816
4,948,332


3,823,117


39,848,230

1,793,656
108,000
98,544
4,948,332


3.700,447


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


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

Chicago and North Western ..............
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 & Ishpeming ..............
Minneapolis & St. Louis ................
Minneapolis, St. Paul & S.S. Marie .....
Northern Pacific .......................
Spokane International ..................
Spokane, Portland and Seattle ..........
Wisconsin Central** ....................

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

Atchioon, Topeka and Santa Te a/ .......
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 Co., Incl. Leased Lines
Southern Pacific Transp. System b/ .....
Toledo, Peoria & Western ...............
Union Pacific Incl. Leased Lines .......
Utah ...................................
Western Pacific ........................


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

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


88,762,840

7,244,769
3,737,075
12,771,912
d 649,120
9,760,595
444,475
d 480.657
27,238,464
449,141
1,219,536
1,949,743
1,869,110
14,095,792
612,483
5,586.988
2,912.534

226,169,770

70,251,408
28,509,135
25,639,157
2,098,190
516,502
12,026,039
2,517,100
703,775
1,150,079
44,899,494
56,037,619
896,163
28,781,134
47,784
8,133,810


101.565,761

1,671.753
3,359,455
7,496,347
1,067,633
5,758,772
281,136
8,707,918
22,614,729
1,250,487
159,824
2,266,636
13,562,165
419,043
9,982,070
d 368,913
11,138,125
289,160
11,565,083
344.338


85,769,268

7,498,283
3,382,984
14,257.153
d 91,758
5,951,777
533,586
139.923
25,634,088
222,973
881.351
1.953,981
2,091,037
14,653,530
461,817
5,652,046
2,546,497


66,232,316

2,784,696
2,772,004
6,410,323
d 2,824,876
9,219,516
211,313
d 876.397
27,016,759
438,851
1,214,388
1,787,646
1,108,493
12,524,206
471,868
2,684,110
1,289,416


57.916.237

3,152,521
2,516,292
7,710,754
d 2.263.985
5,520,082
350,529
d 253858
22,523,895
160,682
903,408
1,844,666
1,399.455
10,372,507
338,104
2,682,673
958,512


50,619,532


1,992,000
2,429,000

14,793,900
d 71,462

19,191,825
522,210
847,026
1,264,504
235,211
7,050,000
305,000
1,423,055
637,263


42,512,421 31,343.980


50,000
1,826,000
5,587,000

5,612,900


17,527,651
270,849
514,746
1,.387.930
989.543
6,558,123
111,750
1,790,929
285,000


2,970.185
1,070,857
7,716,468

210,000

12,172,938
125,000
428,400
900,000

5,579.348
170,784


217,255,858 246,237,135 224,104.3351 186,815,071 197,851,791 1123,046,938


62,679,322
26,243,043
22,806,506
2,151,517
345,301
10,411,770
3,042,854
245,428
644,799
52,990,742
65,319,405
874,828
28,418,359
d 62.908
6,464,297


109,246,851

1.569,558
3,155,186
7,358,293
1,245,228
4,324,867
95,704
9.551,375
25,933,188
2,616,474
102,182
1,647,337
15,030,080
675.184
11,900,857
d 577.516
12,328,663
207,607
11,730,480
352,104


66,038,357
24,262,965
23,428,888
2,093,179
477,384
9,331,578
1.590,896
725,278
468,238
45,306,177
54,749,751
844,729
64,186,095
47,981
7.435,390


70,311,497

1,822,396
996,605
5,839.705
950,383
5,333,068
234,484
5,836,749
9,962,953
d 1,116,090
143,587
1,54o,436
9,599.068
422,066
9,578,385
d 575,686
9,333,574
288,510
9,886,689
234,615


58,309,281
22,384,809
19,742,371
2,240,133
302,748
7,485,254
1,968,835
264,977
d 63,814
45,384,879
56,045,824
824,116
59,612,185
d 63.911
5,712,472


77,008,726

1,675,033
848,489
5,603,847
1,142,491
3,776,808
31,308
6,611,353
13,048,683
78,212
88,827
942,401
10,595,113
665,243
11.533.078
d 764,288
10.550.945
205,910
10,133,827
241,446


61,351,651
22,657,690
11,684,000
1,727,136
541,400
9,286,400
1,162,611
282,075
531,400
26,988,680
36,718,790
1,116,486
43,300,000

6,185,542


48.758,480

818,956
d 386.000
4,313,400
958,702
3,557,500
217,684
4,176,000
1,358,000
d 25,045
120,006
d 162,552
7,323,877
435.494
9.319,948

9.730,110
482,400
6,346,000
374,000


67,035,129
21,944,836
12,859.000
1,410,434
225,000
8,083,925
1,239,587
903,655

32,627,838
43,233,732
910,821
45,200,000

5,411.566


40,187,480
9,396,129
7,034.770
989,785
440,000
3,881.159



27,141,366
27,141,366
171,500
30,656,644

3,148,105


61.561.147 19.958.751


1,246,238
75,000
6,465,500
1,204,702
2,795,000
3,788
4,608,000
8,300,000
d 232.819
158,819
499,288
6,550,999
568,865
12,138,847

10,605,894
330,200
5,927.846
315,000


3.515,395
688,464


4,002,030


80,000

7,477,447

1,853,240


2,342,175


$19,500




2,438,746
5,871,641
10,530,000
60.358
895,942

575.138
3,923,326
4,644,600

240,000

159,009,120


32,252.470

2,330,453
851.195
7.616,108



12,172,714
125,000
224,910
660,000
719,104
7,439,130
113,856



110,970.633

35,333.360
5,979,355
6,870,838

352,000
3,033.273


25,325,956
25,325,956
240,000
30,656,644

3,179,207

15,786,017



3,387,995
(-38,4,55


833,756


80,000

6,600,396

1,853,240


2,342,175


g/ Includes Atchison, Topeka & Santa Fe By., Gulf, Colorado & Santa Te 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.

U. S. GOVERNMENT PRINTING OFFICE : 1D54 0 270320


______ L ______ _____ L _____ _____ -I- ___________


16.416.516


15.442,802


Page 2


1,852,97C
4,606,917
d 1,441,286
155.268
d 1.197.04(
794.901
2,299,014
574,716
8,838,128
d 67 066


161,557,291


912,430
869,364
9,284,132
9,378,591
316,043
1,052,886
17.915.976
4,186,737
428,565
1,555,886
9.885.731
445,220
604,348
57,107,719
20,532,215
d 657.588
467.359
12,929,868
654,358
1,331,532
12,355.919


1,536,465
4,014,184
d 1,690,640
d 118,542
d 797.198
373,092
2,376,140
528,687
9,318,358
d 97.744


136,125,963


521,166
702,097
6,520,514
9,493.938
283,778
976,373
16,621,513
968,819
433,644
1,909,831
10,742,152
583,229
452,151
42,633,874
20,888,772
d 369.561
509.055
9,147,943
575.971
1,197,882
11,332,822


826,208
43,184,924
6.219,934
4,904,139
3,961,989
770,678
1,825,186
2,791.950
3,392.576
1,170,805
217,711
875,755
75,635,544
d 3.750,144
15,708,286
d 327.206
9.988,166


752,771
42,073,099
5,452,710
4,653,834
3,866,712
279,586
1,703.517
2,340,618
3,497,790
944,204
d 1,856,191
789,959
72,839,661
d 3.726.178
14,419,009
d 306,612
7,827.558


178,999,429 161,399,848


2,751,314
548,042
221,841
8.653,650
3,816,178
791,365
7,686,486


1,736,888
529,102
156,012
10,849,690
3,231,922
609.953
6,163,517


I


i


--r-


-r---


-t-


Z4-


,


-1







Subject to revision


UNIVERSITY OF FLORIDA


3 1262 08851 3410


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


I 0 Statement No. M-125
.. \ 6ECEMBER 1953

ArtH 26 1954 j


\. yy


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
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNITED STATES EASTERN DISTRICT 7 CA.N'N REGION
Income Items For the month of December For the twelve months of For the month of December For the twelve months of For the month of December For the twelve months of
1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating income ...................... $77 917 054 $109 452 5081 109 434 338 C78 312 685 $21727 662 $33 870 979 $367 097971 $341062 344 $7 537 044 410 051 801 $98 186 220 $98 048 787
2. Other Income...................................... 65218964 66 718 101 27810087C 261 09776C 26254364 25992434 96086309 97 330395 4754425 1897416 10724472 951495C
3. Total income ................................143 136 018 176 170 6C91 387 535 208L 339410445 47982026 59863 413 463 184280 438392739 12291469 11949217 108910692107563 737
4. Miscellaneous deductions from Income ...... 18 953 360 6 369 533 62 60278E 5113164C 7427 706 2 327987 17713978 12924082 2 508 849 694 3 5 8 6853118 5552261
5. Income available for fixed charges ........... 124182658 169 801076 3249324221288278 805 40554 320 57 535 426 445470302 425468657 9782620 11254859 102057574 102031476
6. Fixed charges:
6-01. Rent for leased roads and equlopment ....... 7036 183 6 4900 26 75506816 77069596 5 647588 5 411 172 63595104 65013934 8 155 7355 86618 88355
6-02.Interestdeductions/ .................. 26866513 26473465 325835981 319940871 11099 067 10901423 140237221 136415458 1406398 1382654 16872584 16391794
6-01. Aiortization of discount on funded debt ... 620318 586739 343925 3358926 103186 108 919 1043739 1007635 15213 1903 181365 17176
6-04. Total fixed charges ................... 34523014 33550230 404782056 400369393 17049841 16421 514 204876064 202437027 1429766 1409045 17140567 16651909
7. Income after fixed ch"ree .. ................. 89 659 644 136250846 920150367 887909412 23504 479 41113912 2405942238 223031630 8352854 9845814 84917007 65379567
8. Other Deductions ................. .........17551304 16965588 49328127 49680797 16098 359 15462273 32141881 31030691 9242 d 95 89 5
9. Net income .................................... 72 108 340 119 285 258 67082224 C 838228615 7406 120 25651639 208452 357 192000939 8445276 9 941 709 84917007 85 379567
10. Depreciation (Way and structures and Equilmcnt) ... 43490236 41 978266 80486813C 485690613 16212 503 15838740 190704877 183772079 33229 711 3014263 37435186 35736755
11. Federal income taxes .......................... d.... 28699 075 44979099 532948481 612537434 d 20 74219 3468953 98166289 107830279 d 3278286 4168302 50469509 63669599
12 Dividend appropriations:
12-01. On common stock .......................... 58454911 28055769 334 089 07C 262 688 454 14808390 14013638 71454447 50392219 d 2203 1080 48016815 47950188
12-02. On referred stock......................... 5 360831 6171794 77899384 75313113 3427270 1802816 19682727 1,9392806. 217 187 218 169 3188933 3217144
Ratio of income to fixed charges (Item 5-6-04) 3.60 5.06 3.27 3.22 2.38 3.50 2.17 2.10 6.84 7.99 5.95 6.13

EASTERN DISTRICT
INCLUDING SOUTHERN REGION WESTERN DISTRICT
POCAHONTAS REGION
Income Items For the month of December For the twelve months of For the month of December For the twelve months of For the month of December For the twelve months of
1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

1. Net railway operating Income........................ 29264 706 43 922 780$465 284191439 111 131 $14622 815 $20 867 2304193622244 $182267078 $34029533$ 44 662 498$450 527903$456934476
2. Other income ...................................... 31008 789 27 889 850 106 810 781 106 845 345 2 564 167 7 122 470 26 158 506 29688 357 31645 968 31705781 145 131 503 124 564 05
3. Total Income ..................................... 60273495 71 812 630 572 094 972 545 956 476 17 187 002 27 989 7CO 219 780 750 211 955 435 65 675 521 76 368 279 595 659 486 561498 534
4. Miscellaneous deductions from Income ............... 9936555 3022 345 24567096 18456343 d 244693 1052156 7542625 10196845 9261498 2295032 30493064 22478452
5. Income available for fixed charges ............ 50336940 68 790285 547 527 876 527 500133 17431 695 26937544 212 238125 201758590 56414 023 74073247 565 166422 559020082
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 5855743 5 418 527 63681722 65102289 1000455 935 162 9933826 9747219 179965 1363 37 1891268 2220088
6-02. Interest deductions I/ ...................... 12505465 12 284077 157109805 152807252 4122895 4043074 48607270 48013914 10238153 10146314 120118906 119119705
6-03. Amortization of discount on funded debt ... 118 399 127 955 1225104 1179 395 330227 268 355 648282 607054 171692 190429 1 565 873 1572 477
6-04 Total fixed charges ................... 18 479 607 17 630 559 222 016631 219088 936 5453 577 5 246 591 59 189 378 58 368 187 10589 830 10 473080 123 576 047 122 91227C
7. Income after fixed charges .................... 31 857 333 50 959 726 325 511245 3086411 197 11978 11e 21 690 953 153048747 143 390 403 45 624 193 63 600 167 441 590 375 436 107812
8. Other Deductions ................................... 16 005 937 15 366 378 32 141 881 31030691 370939 482 271 3026 585 4 054 823 1174 428 1 116 939 14 159 661 14 595 283
9. Net income ................................. 15 851 396 35 593 348 293 369 364 277 380 506 11607 179 21 208 682 150 022 16 2 139 335 580 44 649 765 62 483 228 427 430 714 421 512 525
10. Depreciation (Way and structures and Equipment; ... 19442214 18853003 228140063 219508834 6184679 6291558 71065730 69727407 17863343 16833707 205662337 196454372
11. Federal Income taxes .............................. d 24152505 7 637 255 148635 798 171519878 5234077 12496661 107900247 114247034 d 9780647 24845163 276412436 326770522
12. Dividend appropriations:
12-01. On common stock ........................... 14 808187 14 014 718 119 471 262 98 342 407 1999 364 3 090 335 47 447 820 38 624 443 41 647 360 10 950 716 167 169 988 125721604
12-02. On preferred stock ........................ 3644 457 2 020 985 22871 660 22 609 950 10 2 23 2 260 223 4 494 532 6 574 345 1 706 151 1 890 586 50533 192 46128 81
Ratio of Income to fixed charges (Item 5+6-04) 2.72 3.86 2.47 2.41 3.20 5.13 3.59 3.46 5.33 7.07 4.57 4.55


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Selected Liability Items ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *
Balance at the end of December Balance at the end of December
1953 1952 1953 1952
Report showing Reports showing
17. Expenditures (gross for additions and betterments- 1,9,7 40. Funded debt maturing within 6 months 2/ $240,780,337 4161,219,589 Period Net Income Net Deficit
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable 3/ 2,393,817 2,581,271 Number Amount Number Amount
Equipment 857,892,998 935,090,438 42. Traffic and car-service balances-Cr. 103,689,505 115,862,074
19. Investments in stocks, bonds, etc., other than those ,4. Audited accounts and wages payable 516,163,278 521,687,121 December ..1953 96 89,867,917 26 $17,759,577
of affiliated companies (Total, Account 707) 442,776,075 459,600,545 i4. Miscellaneous accounts payable 218,734,838 219,982,966 December ..1952 103 130,871,848 19 11,586,590
20. Other unadjusted debits 79,907,361 70,380,727 45. Interest matured unpaid 56,705,484 56,968,238 12 months 1953 107 890,381,721 15 19,559,481
2 h 7,0,46. Dividends matured unpaid 34,465,822 24,634,900 12 months 1952 138 857,752,393 14 19,523,778
21. Cash 836,749,138 953,291,926 47- Unmatured interest accrued 71,840,992 74,801,900
22. Temporary cash investments 998,307,567 1,002,162,333 41. Unmatured dividends declared 23,782,700 23,491,619
23. Special deposits 93.4,31 93,812,2 49. Accrued accounts payable 227,773,957 228,112,685
24. Loans and bills receivable 3,216,441 1,081,279 50 Taxes accrued 842,423,535 916,722,127
25. Traffic and car-service balances-Dr. 60,889,731 67,045,197 51. Other current liabilities 77,262,598 96,586,697
26. Net balance receivable from agents and conductors 155,226,684 181,917,585
27. Miscellaneous accounts receivable 371,350,631 387,704,680 52. Total current liabilities (items 41 to 51) 2,175,236,526 2,281,431,598 Exclude 4 roads whose not income (or deficit) was
28. Materials and supplies 839,888,435 839,822,392 absorbed by the controlling company.
29. Interest and dividends receivable 17,673,300 14,584,767 53. Analysis of taxes accrued:
30. Accrued accounts receivable 209,147,989 216,128,281 53-01. U. S. Government taxes 686,651,625 754,822,350
31 Other current assets 34,813,586 39,312,497 53-02 Other than U. S. Government taxes..... 155,771,910 161,899,777
32. Total current assets (items 21 to 31) 3,620,681,833 3,796,863,361 54. Other unadjusted credits .. ............ 247,080,045 244,948,692


d Decrease, deficit, or other reverse item.
/_ 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.
/ Includes obligations which mature not more than one year after
date of issue.


/







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE TWELVE MONTHS UDED DICBMBER 1953 AND 1952


Page 2


NET RAILWAY OPERATING NET INCOME FEDEtAL INCOME DIVIDIiD NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOME TAXES APPROPRIATIONSRINnOl NET ENTAIeS APPROPRIATIONS
Region and railway ____ Region and railway

1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952 1953 1952

United States Total ................. $1,109,434,338 $1,078.312,685 $870.822,240 $838,228,615 $532,948,481 $612,537.434 $411,988,454 $338,001,567 Southern Region Continued
Eastern District Total .............. 367,097,971 341,062.344 208,452.357 192,000.939 98,166,289 107,830.279 91,137,174 69,785,025 Clinchfield ............................ $7,594.723 $9,381,355 $1,874,540 $976,991-
Columbus and Greenville ................ 120,488 124,415 $134,215 $142.390 141,593 190,777 $24.375 $19,500
Eastern District Incl. Pocahontas Florida East Coast*" ................... 2,741,022 3,933,285 d 1757070 d ---
Region Total ..................... 465,284,191 439,111.131 293,369,364 277,380.506 148,635.798 171,519.878 142,342,922 120,952,357 Georgia R. R. Lessee Organisaton .... 1,714,230 1,660,717- -
N1.66 99231 Georgia & Florida* ..................... 104,314 141,121 d 871.625 d 813584
New England Region Total ........... 18.776,775 18,476,563 9.991,230 10,487,722 3,474,843 5,668,607 5.853,799 3,955,951 Georgia Southern and Florida ........... 682.585 908,445 417,697 615,097 415,000 850,000 -
ulf, Mobile and Ohio .................. 10,691.250 10,634,906 7,904,798 7,785,094 6,578,000 7,223,000 4.523,195 2,438,746
Bangor and Aroostook .................. 2,243,102 1,771,725 1,043,974 919,029 347,839 709,337 191,400 191,400 Illinois Central ........................ 32939,747 31,914,018 25,330,511 22,164,946 25,923000 24,618.619 7,229,619 5.871,641
Boston & Maine ......................... 5381,773 5,063,415 1,883,478 1,345.296 1.146,080 2,423,640 1.775,659 Loulsville and Nashville ............... 34.384,306 27,658,917 30,653.516 25,098,368 21,837,925 18,468,542 11,700,000 10,530,000
Canadian National Lines in New England d 1514.505 d 1.782.779 d ~ 89 d 65 Mississippi Central .................... 262,678 205,480 182,843 146,775 103,744 181,620 60,358 60,358
Canadian Pacific Lines in Maine ....... 67,164 d 125.668 Nashville, Chattanooga & St. Louis ..... 5.837,654 6,153,394 4,543,150 4,800,610 2,951,341 3.637,940 1,023,936 895,942
Canadian Pacific Lines in Vermont ..... d 1.245149 868.077 New Orleans and Northeastern ........... 2,544,360 1,800,990 2,632,799 1,930,423 2,640,000 2,865,000 -
Central Vermont ....................... 983,567 540,425 d 58, 91 d 290,717 Norfolk Southern ....................... 894.295 620.566 772,813 525,407 552,468 545,714 655,522 575,138
Maine Central ......................... 2,491,97 2.613,778 1,175,908 1,560,879 1,114,846 1,449756 229,937 229,495 Seaboard Air Line ...................... 23,829,309 23,040583 20,907,833 19,988,605 9,290000 9875000 7,08411 5.390,911
New York Connecting ................... 632,589 742,071 d 1904 17,466 8,000 Southern ............................... 41.986218 36376,960 33,190,325 27,834,916 26,204,637 26845,000 5,618,252 8,517350
New York, New Haven and Hartford ...... 9,928,077 10,632,878 6,060,348 7, ,599 866,078 1,077,874 3,656,803 3,535,056 Tennessee Central ................... 420,493 495,764 108,499 221,355 d 72 583 158,627 -
Rutland ............................... d 191340 d 11205 95.794 d 108,765 Western y. of Alabama .................. 558,375 490,704 527331 461,521 373,92 324,065 300,000 240,000

Great Lakes Region Total ............ 178,362,258 157,192,227 114,234,320 98,524,711 48.052,208 52,888,808 42,761.330 26,076,648 Western District Total ............... 450.527,903 456,934,476 427,430,714 421.512,529 276,412,436 326,770,522 217,703,180 171,850,422
Ann Arbor ............................. 980,211 832,739 797,870 714,320 401,810 d 239.130 199,960 200,000 Northwestern Region Total ............ 98,339,286 91,587,050 80,140,827 73,139,032 43,811,526 44,111,418 40,326,986 32,951,566
Cambria and Indiana................... 1,013,608 770,451 ,990,531 748,378 576,015 585,092 420,000 240,000 _
Delaware and Hudson ................... 10,419,525 8,804,360 6,382,333 5.007,73 2.074,121 Chicago and North Western ............... 8,956,455 8,127,638 4,248,078 4,096,622 d 604,121 653,168 2,970,185 2,330,453
Delaware, Lackawanna and Western ...... 10,187,846 10,857,275 6,651,879 6,601,761 2,587,785 3.804,303 844412 422,206 Chicago Great western ................. 4054,557 3,690,130 3,001,062 2744,075 2,002,000 2,066,000 1,665,779 1,400,351
Detroit and Mackinac ................... 348,495 332,869 337,069 298,750 210,649 171,038 28,500 19,000 Chicago, Milwaukee, St. Paul and Pacific 14,663,688 17,429,608 10,013,018 11,262.693 1,277,000 5,865,000 7,716,468 7.616,108
Detroit and Toledo Shore Line ......... 1,066,678 1,056,557 975,156 961.653 1,056,028 937.003 540,000 540,000 Chicago, Saint Paul, Minneapolis & maha d 601482 330,400 297470 2038353 -
trie .................................. 18,985,838 18,388,373 12,581,603 13,223,521 6,378,916 6,307,220 6,302,274 6,302,274 Duluth, Missabe and Iron Range ......... 14.538.638 5.638,186 12,798,089 4,973,938 7.850,806 3,419,830 6,168,750
Grand Trunk Weterr..................... 4,821,504 1,880,946 1,156,195 d1.99 9,548 15,59 Duluth, South Shore and Atlantic ....... 441,878 596,064 136,835 395,030 d 71462 140,000 210,000
Lehigh and Hudson River ............... 455,642 519,088 470,960 527,870 344.154 235,364 328,790 328,790 Duluth, Winnipeg and Pacific ..........d 487,397 202,967 d 211 d 4268
Lehigh and New England ................ 3,128,117 2,823,627 1,492,732 1,830,953 d 27.706 829,887 1,700,000 1,360,000 Great Northern ......................... 27,530,656 25,914,1455 29,942,607 27,704,659 20,477,784 18,652,651 12.172,938 12,172,714
Lehigh Valley ......................... 10,535,039 10,929,761 6,970,630 7,205,179 443,665 2,103,700 448,744 Green Bay & Western .................... 468,143 341,420 455,064 272.594 585,430 318,748 125,000 125,000
Monongahela ........................... 710,050 611,243 245,672 85,218 225,896 Lake Superior & Ishpeming .............. 952,328 734330 947,043 759559 833356 547,146 28,400 374,850
Montour ............................... 667,661 493.541 432,045 466,567 428,314 359,954 408,000 306,000 Minneapolis & St. Louis ................ 2,124,090 2,236,425 1,948,662 2,102,486 1,322,504 1,554,230 900,000 660,000
New York Central ...................... 63,180,171 49,817,193 34,002,039 24,716,337 3,604,037 4,931,277 6,447,394 3,223,697 Minneapolis, St. Paul & S.S. Marie ..... 1,433,196 1,910,051 605,461 1,141,177 d 44789 714543 35952 719,104
New York, Chicago and St. Louis ....... 21,771,899 22,766,110 17,866,796 18,802,703 18,331,500 18,770,500 14,459,884 5,87:,888 Northern Pacific..... 14,867,078 15,424,532 15,539,176 15,821,166 8,350,000 7,948,123 7,439.130 7,439,130
New York, Ontario and Western ....... d 761.9 d 432.927 d 2234.827 d 1.903.217 Spokane International ............... 655.100 497,975 501,691 363,433 331,700 122,150 170,784 113,856
New York, Suquehanna and Western ..... 494,428 596,985 69259 23,556 11,938 750,000 Spokane, Portland and Seattle .......... 5,900,261 5,804,900 2,699,980 2,556,200 1,164,055 1849,829
Pittsburgh and Lake Erie .............. 14,690,187 10,526,766 12,407,875 8,363,952 5,827,798 4,984,916 5,181,900 3,454,600 isconsin central ................... 2,842,097 2,708,279 278,979 988,021 337,263 260,000
Pittsburg & Shawmut ................... 711,295 601,092 549,295 433,615 d 2282 28,500 -
Pittsburgh and West Virginia .......... 1,451,643 1,399,393 965.742 923,168 559,280 511,176 610,000 610,000 Central Western Region Total ......... 239,188,569 243,855,151 271,167,413 260,977,172 188,848,839 217,023,543 148,759,428 120,264,086
Wabash ................................ 13,504,36 13,616,785 11,061,984 11,192.397 7,37:,963 6,478,028 4,091,472 3,194.193
Atchison, Topeka and Santa Fe a/ ....... 75,108,998 69,374,110 77,185,997 70,737,705 59,905,134 75,690,129 40,187,480 35,333,360
Central antern Region Total ........ 169.958,938 165.393,554 84,226,807 82,988.506 46.639.238 49,272.864 42,522,045 39.752,426 Chicago, Burlington & Quincy ........... 29,879,662 31,743,995 25,661,506 28,000,592 22,339,369 22,837,125 12,812,903 12,812,903
Chicago, Rock Island and Pacific ....... 28,259,234 25.339,377 25.912,087 22,641,225 11.822,000 14,277,000 9,608,347 ,'1572,61
Akron, Canton and Youngstown ......... 868,57 834,934 771,867 716,119 555.864 231,166 162,508 164,900 Colorado and Southern .................. 2,123,762 2,259,024 2201931 2430274 1,770,111 1578187 989,785 19.994
Baltimore and Ohio ................... 43,797,993 44,339,773 15,406,032 15,488,065 11,068,035 11,558,986 4,917.478 4,276,740 Colorado & Wyoming ..................... 557,253 429437 514,655 382,873 555,900 25,900O 40,000 352.000
Bessemer and Lake Erie ............... 7,377,688 6,307,372 6,879.527 5.940,532 5,670,280 3,498.579 5.419,976 4,419,976 Denver and Rio Grande Western .......... 13,095,582 11,621,041 10,208,814 8,470,194 9,915,400 9,119,925 23,510,773 3,033.273
Central R. R. Co. of New Jersey ....... 4,890,483 5,001,736 1,118,100 5,003,088 111,649 311,822 2,745,150 Fort Worth and Denver .................. 2,881,465 3,480,287 1,725,844 2,238,400 1,202,170 1,483,16 -
Chicago & Eastern Illinois ........... 4,299,882 4,301,041 2,671,169 2,681,269 825,755 1.089,600 1,178,730 1,535,040 Northwestern Pacific ................... 668,813 13,780 692,388 35,044 237,460 845,471
Chicago & Illinois Midland ........... 968,853 451.405 862,973 374,881 824,585 381,050 600,000 600,000 Sacramento Northern** ................. 1,100,157 773,494 360,904 1,333 479,600
Chicago, Indianapolis and Louisville .. 1,985,338 1,906,509 1,211,135 1,140,012 873,000 1,186,000 429,642 429,642 Southern Pacific Co., Incl. Leased Lines 47,106,187 58,096,302 47,552,711 50,171,256 26,307,745 33,461,181 27.141,366 25,331,719
Detroit, Toledo and Ironton ........... 3,207.350 2,735,983 2,855,122 2,384,824 2,016,939 1,905,878 1,226,665 981,332 Southern Pacific Transp. System b/ ..... 59,320,478 71.683,546 57,922,316 61,941,887 36,809,311 w 4,814,137 27,141,366 25,331,719
Elgin, Joliet and Eastern ............ 3,453,435 4,770,715 2,889,151 4,477,140 318,992 3,310,116 2,000,000 3,000,000 Toledo, Peoria & Western ............... 945,231 871,271 910,349 853,067 1,138,008 1,156,103 261.500 240,000
Illinis Terminal ..................... 1,264,758 1,058,030 662,779 506,486 217,107 730,720 100,000 100,000 Union Pacific Incl. Leased Lines ....... 28,859,926 32,761.120 70,430,213 68,727,226 47,018,000 50,350,000 30.659,169 30,659,169
Long Island~ ......................... d 196,725 d 2,008,689 d 2,704,590 d 5,009658 Utah ................................... 76,263 d 9980 76.568 d 10o685--
Missouri-Illiois ..................... 965.330 875,455 977,180 903,83 960,925 878,000 253,090 253,090 Western Pacific ........................ 8,526,036 7,101,893 7,733,446 6,298,668 6,157,942 5,970,359 3,148,105 3,179,207
Pennsylvania .......................... 74,796,413 74.930,335 37,036,215 36,981,364 10,268,531 9,779,647 19,751,631 13,167,754
Pennsylvania-Reeding Seashore Lines ... d 4683.482 d 4,166.957 d 5,625.59 d 5.098.555 773,811 752,198
Readin............................... 16,894,327 15,766,826 12,481,217 11,67630 5,875.326 8,181.367 5,595.225 5,594,922 Southwestern Region Total ............ 113,000,048 121,492,275 76,122,474 87,396,325 43,752,071 65,635,561 28,616,766 18,634,770
Staten Island Rapid Transit ........... d 376.18 d 369.290 d 5 d 894,418 -
Western Maryland ...................... 10,444,905 8,658,376 7,640,025 5.717216 6,278,439 5.477,735 887,100 2,483,880 Beaumont, Sour Lake & Western** ........ 2,150,418 1,799,823 2,286,032 1,916,449 610,956 1,391,139
International-Great Northern~* ......... 3.573,606 3,491,128 1,021,034 972.355 d 550,130 27,000 -
Pocahontas Region Total ............. 98,186,220 98,048.787 84,917,007 85,379.567 50,469,509 63,689,599 51,205,748 51,167,332 Kansas City Southern ................... 8,403717 7,884,118 6,602.282 5,974,522 3,963,400 6,520,500 3,515,395 3.387,995
Kansas, Oklahoma & Gulf ................ 1,428,275 1,384,150 1,235,656 1,271,246 565,349 1,263,791 688,464 688,455
Atlantic and Danville ................. .d 8.5 41,654 25,636 39,5 Louisiana & Arkansas ................... 6,002,717 4,854,939 5,554,495 4232084 3,254,500 2985000 -
Chesapeake and Ohio ................... 59,916,142 56,983,018 48,068,635 44,999,175 19,500,000 27,830,000 24,132,189 24,093,772 Midland Valley ......................... 261,931 68,881 235,798 97,363 174,873 6,788 -
Norfolk and Western ................... 27,727,474 28,547,397 28,077,420 29,300,910 23,775,000 25,600,000 20,570,370 20,570,370 Missouri-Xansas-Texas .................. 9,484,952 10,741,081 6,342,927 7,548,032 4,070,000 4,636,000 4,002,030 833,756
Richmond, Fredericksburg and Potomac .. 3,174,055 3,983.769 3,296,037 4,225,049 2,573,450 3,224.320 1,698.733 1,698,733 Miesouri-Pacific* ..................... 23,414,225 28,052,419 10,771,491 14,939,181 258,000 8.500,000 -
Virginian ............................. 7,374,444 8,492,949 5,449,279 6,814,788 4,621,059 7,035,279 4.804.456 4,800,457 New Orleans, Texas & Mexico* .......... 956,132 2,893,774 d 1,627.346 101,341 105,907 d 2747- -
Oklahoma City-Ada-Atoka ............... 259,111 89,632 234,622 76,066 8,732 176.555 80,000 80,000
Southern Region Total .............. 193,622,244 182,267,078 150,022,162 139.335,580 107,900,247 114,247,034 51,942,352 45,198,788 St. Louis, Brownsville and Mexico .... 2,362,848 1,771,872 1,56,322 972994 d 504,288 --
St. Louis-San Francisco .................. 15,215,753 17,376,352 10,876,769 12,557,487 8,111,596 7,466,999 7,477,447 6,600,396
Alabama Great Southern ................ 3,004,779 2,057,518 3,848,775 2,894,379 1,295,000 1,925,000 1,793,656 1,793,656 St. Louis San Francisco and Texas ..... 395,544 715,811 397,188 704.860 356,594 612,765
Atlanta & Saint Andrew Pay ........... 570,373 575,949 589,374 584,286 884,257 817,194 2,999,840 108,000 St. Louis Southwestern ................. 13,863,221 13,518,158 9,216,104 13,105,741 5,649,780 13,081,674 1,853.240 1,853,240
Atl.nts end Went Point ................ 256,165 256,196 286,831 290,912 99,981 181,271 147,816 98,544 San Antonio, Uvalde & Oulf** ........... d 3912 d 68204 d 616 273 82.00
Atlantic Coast Line ................... 10,296,422 12,233,169 12,028,994 17,325,674 d 500000 6,300,000 4,948,332 4,948,332 Texas and New Orleans .................. 12,214,291 13,587,244 10,249,605 11,650,631 10,501.566 11,352,956 6,464,640 1,292,928
Central of Georgia .................... 264,982 3.833,787 2,727,202 2,457,803 522,402 332,674 Texas and Northern .................... 91,116 233,668 490,456 231,890 328,500 381,000 250,000 -
Charleston A Western Carolina ......... 915,216 804,728 508,470 390,838 175,000 65,000 Texas and Pacific ...........12,531,029 13,327,936 11,030,409 11,655,792 6,316,000 6,655,846 4,285,550 3,898,000
Cincinnati, New Orleanc & Texas Pacific 7,008,260 6,964,111 5,35,4,881 5,279,549 6,610,000 7,865,000 3,833,340 3,710,670 Texas Mexican .......................... 382,410 359,493 274,903 250,296 426,000 348,000 -


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


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


'. b. GOVERNMENT IPINTING OFFICE : 1954 0 270320 0




Full Text



IC Is te,.3: ?334


Subject to revia


UNIV. OF FL LIB.
DOC NT PT.



U.S. DEPO8TORY


UNIVERSITY OF FLORIDA

3 1262 088510721
o. INTERSTATE COMMERCE COMMISSION s&tms
BUREAU OF STATISTICS API

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


Compiled from 146 reports (Form IBS) representing 151 steam railways

TOTALS FOR THE UNITED STATES (ALL REGIONS)

For the month of April For the four months of
Income Items
1933 1932 1933 1952
$19,019,628 $20,273,024 1. Net railway operating income.......---...----....--------------- 52,-73,561 85,646,636
13,408,602 16,480,305 2. Other income ---------.. -----.................. -----..........---------.--.-----..... 55,482-554 69,309,:37
32,428,230 36,753,329 3. Total income......~- ---..................-........ ...--------....----.-...----------------- 1. 108,221,115 150,956,010
10,89,188 10,73,739 4. Rent for leased roads--..--......-------.---......... --- -------.------------ 42,5490 42 01,057
44,412,092 43,998,42 5. Interest deductions---- ....--.....------........-..........-.----- -- ---.---.-- 177,248,'75 4 175,1.
1,965,751 2,123,931 6. Other deductions _.................-........... ........-...-............- .------.. 8,012,185 8,20,
57,267,031 56,861,072 7. Total dedubtions--...................-....-...............------- ........--------- 227,976,429 225,724,328
d 24,838.801 d 20.107.743 8. Net income ........ --- -........ ...............----....--................... ..-.-...._......------. 119.755.314 d 74.768.318
9. Dividend declarations (from income and surplus):
398,944 576,070 9-01. On common stock---- ------ --------------11,704,754 18,573,660
239,842 808,481 9-02. On preferred stock.---....---------......--....------- --.... ---- 3,570,007 5,563,134

Balance at end of April
Balanoe-Sheet Items
1953 1952
Selected Asset Items

10. Inivestmeiis'in st'okson as et'd,- other than those of affiliated companies (Total, Aooount 707) $769,980,021 $774,151,584
11. Cash-..---....--..---........--....- ---.-------- --. -.....----..--...--.--. --- ...-.. ....-..........------ 257,792,976 282,374,722
12. Demand loans and deposits ....-......-----... ---......-..... ..........---------------------....---.......---- 1,056,97
15. Time drafts and deposits.....-............ ........... ............ ---------------------- 16,689,59 25,552 67
14. Special deposits -- ----------------------------------- ---,1--------------------------------------------5,7 351,01,585
16. Loans and bills receivable...................---...--- ..--- --.....---._...-------.........----.. ...-- .........----................. ,52,57 14,615,785
16. Traffic and oar-service balances receivable------...............-----........---------------------.. ..... 43,3,76 51,100,52
17. Net balance receivable from agents and conductors-.....--..-------------.....-------------------3.68,731 38,067,134
18. Miscellaneous aooounts receivable --.....--------- --.. ---.---.-- --- ................----- ....... --136,111,818 148,872,6 1
19. Materials and supplies...- -........----------------------------------------66305,667,187 36, 49,3
20. Interest and dividends receivable.. --- ----- ------------------ ----38,890,291 36,495,822
21. Rents receivable- ..-...- ..-... --................---------------------- ...... -------- ------------3,054,2 3,885616
22. Other current assets......-- -------------------------------------------------------------4,682,035 5,576469
23. Total current assets (Items 11 to 22) .................... ----.................--....... ----..................--.---------- .. 919,629,475 1,048,744,963

Selected Liability Items

24. Funded debt maturing within six months*..----....--..........------ ----..........----......------............... --.-..... $157,148,802 $103,974,666
26. Loans and bills payab le ..-.--..---.------------.--..---------------------.... .. .... ------------.-... -----....33r,193,85 29,066, 73
26. Traffic and ear-service balances payable- ------ ------------------ 5 5
27. Audited aooounts and wages payable-.........---................. -----.............---...-...... ------ --- -.-... 21 ,88 ,g
28. Miscellaneous aooounts payable ----.......... ---------...............-...-...............-----..------- -- -------..- 5 81, 9,26,1
29. Interest matured unpaid--- ----...............................--------.... ...----------------.-----.---1 10 3 15~,154093
50. Dividends matured unpaid.................................-. .........- .----. ....... --------- --.2 5,
31. Funded debt matured unpaid................-.............-.....................................--------- --- ----------------- 5
52. Unmatured dividends declared---------------------------.- --------------- ------------- -82 6 W389,79 7
3. Unmatured interest accrued.----- ---------------------. ...----------------------------1------- 109,6 6109 106,18
S4. Unm matured rents soor ued.............. ............... .... .. ...................... ........... ........ ....... .... ... .... ..... ...... .... ..o :
54. Unmatured rents accrued ------------ --------- ---- -- --------- MOW:77 1 5
35. Other current liabilities-...............--------......---....--...------------------ -.--..... .---...1 602 17,999 -
36. Total current liabilities (Items 25 to 35) .-..........-.............----------------......... ........ 1,073,997,402 985,952,133
# Exoludes returns for Class I Switching and Terminal Companies. Data for this class of roads were included in all published
statements prior to January, 1933.
Includes payments which will become due on account of principal of leng-term debt (other than that in Account 761, Funded
debt matured unpaid) within six months after lose of month of report.
SInoludes obligationshich mature less than two years after date of iesue. ,.M-OU. GOVERNMENTPRINTING FFICE: ,
& Deficit.


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mt No. M-125
RIL, 1933




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UNIVERSITY OF FLORIDA

3lllllll0i7IIIIIIII INTERSTATE COMMERCE COMMISSION
3 1262 08851 3097 BUREAU OF TRANSPORT ECONOMICS AND STATISTiCS


Statement No. M-125
MAY 1953


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

Compiled, from ,126 repop#a(Form *S) reprMsenting 130 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)

UNITED STATES EASTERN DISTRICT POCAHONTAS REGION FLOj
Income Items For the month of Kay For the five month of For the month of May For the five months of For the month of Kay For the five months a
1953 1952 1953 1953 1952 1953 1952 1953 1952 1953 L95

1. Nott ra.lwaycoperating Income....................... $95 393 045 6835094a88 764480770938 6$74463 062 4355245 122 26 201061$154031848$120775511 9 163236 68369 145036606 778$3 9 G -5UG 20 1953
2:Otherincome......................................19 780 490 Id 929 933 91 440351 82 098173 6 062 612 5 794,978 30 576 648 30882 105 451'187 607 435 2 695 266 34
3. Total me............................11517555 9802420 4021169 45656125 10774 3199039 164.608496 151 57616 9614425 8 97650 90204 425
4. MeceellanreoueIdeductionsefrom income...... ......421.3933 3688 471 20572780 20861645 1'062 792 91212 5624178 530528'0 388 928 441i43A 2 212 628 22 2O
Ratio of income vtola for fixed charge (Ite ...........110956-0) 63.02 94136349 5193.8 509 2.435699590 40244942 3108910 1 .7898418 146 52 922549 14 70 416 40 91
6. Fixed chrws,535134-292407s5os1885 7 042z 7 455 3-484 38
6-01. Rent for-lesseieroals and equipment ....... 6333930 6 510 726 31 137 10 .32-797437 5 351347 5481098 440
6-02. Interest deducrtion 1_/ .............. 27175250 264444370 135620092 131736782 11760240 11 330 551 58780211 56395078 1417768 1349961 700114 6709130
6-0. Aotia Itemson of doun ed onth of May deb 4 th604 f4201 a h of o th month 777 of0 76M996 387946 370948o 14 543 13 635 72 176 65 446f













1J42 604 1953 1952 1 2 1 95303 2 1952 1953 1952 1953 1952 1953 1952 1953 1952
6-0. Total fxedy operating arnome ....................44 33751408 360 34 5202 29 1679750 631 656 59 48 81 189 5 17 16 888 641 5 85370597 84894911 457943 34 84713 1051 17 8011800 6812937
7. Income after fixedch.rRee................ 77 07 818 60 934050 351662 578 269 940104 40553624 14198265 93613781 62083425 7786144 7164095 29977616 3 4e1934
8. Other Deductoe ...................................2.. 6 1 799 6.840 413 33719140 4 145563 038 1478 556 14 50 65 9 50463 9 4061926 86513 6 946 811 48 6 81 974 38 2
9. Netoal income ............................... ..7442092 159 40971 619 540 194221899 1910447 15 62185 94 8 307 137 4514499 41790016 221419392 181032199
De ome available for fstru charges and .......... 448174439 39619450 206274 557 19758576 15878974 1547211 363 7819015397 736807 8 43 1203 585 022688 154004 14787069
















61.oDepreiaio (Wleased r es and equipment. ....... 5358389 5488553 26240924 27501246 798s60 77375 4026121 3960664 177261 4549598 870056 12955
11 6-02.. Fede Interome xe..duct..on...................... 13.... 175088287 41247645 257187401 6235121064 15226194 10447873 55071066 4678505 5654130 6590999 20152971 282 84213
12 Dividend approprtiation of oun on funed debt ... 9273 90631 4 2 436394 26760 343 139 16158 12371 1 34 20
12-01. On Deucton stock...........................33 62144076 28 5647514 107 271 28 9428105 621 2 9384013 466597852 176375986 1515266 1088671204 1 180032 5 220815047 2195806
12-02. Onpreferredstock .......................... 13285255 124 96166505 390476519034 38410117 4006876 3 574068408 198264344504 6481525 148184 -172 47908106 0057
Ratio of income to fixed charges (Item 5+6-04) 3.29 2. 3.09 2.63 23.78 1.8 2.760 1.7 6.1 6.23.90 4.14 35.91

UNITEDSTATESSOUTHERN RE UNITED STATES WESTERN DISTRICT
__9--I AS-S RECGION ________-- __o
Income Items For the month of May or the five months Of For the month of ay Forl the five months of For the month of may For the five months of
1953 1952 1953 1952, 1953 1952 1953 1952 1953 1952 1953 1932


17. Netrailayoperating inome ons and b......................ette4440etter60ent4 57020 Fun190638ed de626bt 159858ur861 i17527 8916 onhs $16153 8530894 $71894950 33456794 34 84151172801418142709251
2. Otherincoadme..............................46........ 130,879 6402413 33790,4 271914 34363038 157855 5065 55046 9412187 11688135 6 946 65 48617974 3822948
3. Total ncome........................0....... ...50922159 401 9 726 Trc22 a91054 nd car194-ser21899 ce910644 alance262185 948812,605 8107137 414492 41790177 2141901 92 181032,95 199,745
4. Invesllaneous deductions from ncomet .............. 1451 720 1 t55 56 7 836 06Audted account and 78 payab 537,717759 3382295 21 95374 10749963 9122 014 9 348724
5. Income available fo fixed (Total, Account harges 70...........7 49 470 439 39 619056 2160774 18 47a207165 60 14 477240 91 267 397 776890 4 1255 4004005 1297578 171 683475
6. Fixed charges 926,596,164 044,019 4 Unatured nrs accrued 81537675 6
6-22 Rent for leased road.anda equipment ....... 558389 5d4887553 2640924 ?7511246 798 0 772575 4026121 3960664 177261 2492598 870056 1295527
602. Interest deducs L/ 49 Accrued a.................... 13ccoun78 006 12680512 65a781 35.1 6304208 43950 87065 20091703 1926889 9958092 989079 49747038 496678
6-03. Amortization of discount on funded debt ... 92 273 90 631 460 122 436 394 26 760 32 438 138988 161 858 123 571 124 134 619 628 627015
6-04 Total fixed-chargese.................. 18628670 18'259696 92482397, 91081848 4864190 4 678078 24256812 23391418 10258924 10264525 51236722 51,286220
7. Income after fixed charges .................. 30841769 21'35930 1250 91337 955655 9 350148 9799162 67010 8 1 53977490 32e64631 29 775 52 161060656 12097255
8. Other Deductions............... .............. 1447204 1 4143510 7268310 7105594 240054 297 852 1206986 1613806 1100204 1 180032 5567478 '5836951
9. Netraffc and car-ncomee- 66 51. Othr cur.................................. 9rent4b65 19945050 163 7 8845976513261364 950110 65803599 52363684 31465 8528776 15514493178 114560304
0. Depre balaion (Waeandetructurents and coqupment).ors 187099962 18 23405 93590571 88 95066 5855 32 813776 -28842704 8 16936 16c959057 16222e t 62 884182(or 81020950
11. Federal income taxes receivable e 37..6........................20880 4 17038872 7522403otal7 75curren069271 abilti57 84te1 to 72022 55029767 409817649 19428 71 16062749 12693controll 3604 105234144
12. Dividend appropriations 8
12-01. On crren stock assets .......................... 3925124 9666703 53719-0.4 7Othe08746 4r han 40076 3 574598 1964e44et txes 8 14776542 153958 760 1511517 47908746 42417610
12-2. O peered stock....................... 1216 562 10640 8754610 010unadued cred 63494ts 280.... 650 256795870 2608799 44668292 27725645 28790788
Ratio of income to fixed charges (Item 536-04) 2.66 2.17 2.34 2.00 3.78 3.09 3.76 3.31 4.20 3.90 4.14 3.35

UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Sl&noo at the end of May Selected Liabil Items BalancoeFt thoend of MaO NET INCOZ--LLCLASIAIL

1953 1952 __1953 1952

17. Expenditures grossi for-additions and betterments- 4o Funded debt maturing within 6 months $159,487.416 ii76,921,6,9 PeriodI
Road. ..... ........1...........1.................... ...u....nd....................... .........--- $14 6.160,816m$1o s79 0," .
18. Expenditures (gross) for additions and betterments- 1 Loans and bills payable / 2,809,675 3,168.860 Numbr Amunt NumberAmount
Equipment .. 393,723,280 461,710,319 42 Traffic and car-service balances-Cr 101,204,605 96,23,5,1972
19. Investments in stocks, bonds. etc other than those 43 Audited accounts and wangs payAble 537,717,759 531,383,,85 .M 1933 103 [477389,101 19 $2,959,743
of affiliated companies (Total. Account 7071 463,537,544 47.7,786, 12 N Miscellaneeus 'accounts payable 205,433,536 196,075,939 3 may...... 1952 101 60,535,102 21 2,193.246
20. Other unadjusted debits 106,294,394 8-.":6, 6 Interest natdred unpaid 28,306,617 32,709,600 5 months .1953
46Dvdends matured unpaid, 10,715,86 9,285,711 5 months 1952 104 271,48,780 18 16,100,027
21. Cash Th926,596,164 85,04,019 0 4Unmatured materest accrued 81,537,675 77,463,164
.Loans and bills receivable., 7 154949 Accrued accounts payable 933,091,160 916,713,691
oSpecas andeposits recv,32e.20,838 1:293 :99 50 Taxes acorued.
2. Traffic and car-service baLances-Dr 66,037,714 5 ,558,143 51.-Other current lia-------93.9110 1,713,691
Net balance receivable from agents and conductors 170,096,528 168,638,690.97,10,8. 5
27. Miscellaneous accounts receivable 71,:458:55 469,529, 62 52 Total Current liabilities (items 14 to 51) 2279,090,670 2,309,99,138 abscl ode by td h abase onotIncoei (ordeicit) M
28. Materials and supplies 836,821,915 920,847,9831absorbed by the controlling co
29. Interest and dividends receivable. 6:20,1,801. 19,333,377 53. Analysis 0f taxes accrued:
30. Accrued accounts receivable. 21.,703,96. 9 2Z6,939,563 53-01 U. 5 Government taxes 755,405,232 740,624,299
31. Other current assets 39,362,765 35,283,3553-02. Other than U S Government taxes 177,685,928 176,089,392
32 Total current assets litess 21 to 31 3,725,883,7241 3,660,057,158 54 Other unadjusted credits ._285,017,870 272,526,668


d "Dereaie, deficit or other reverse item,
T_ Repreents accruais, including the amount in default.


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


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