Selected income and balance-sheet items of class I steam railways in the United States - 1954

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Title:
Selected income and balance-sheet items of class I steam railways in the United States - 1954
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
Publication Date:
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:
AA00000587:00025

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


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UNIVERSITY OF FLORIDA

3 1262 08851 391 5 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 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


-- Statement No. M-125s
6 'LOR ^ ARY 1955



MAY 2 1955
I MAY 2 1955 ^


UNITED STATES EASTERN DISTRICT A ONTAS REG N
Income Items For the month of January For the months of For the month of January For the months of For the month ofJ or month of
1955 1954 1955 1954 1955 1954'm--s

1. Net railway operating income ...................... $68660 177 $32 545 878 $22 812200 $7 435 325 $7 672 3 08 $5 534 540
2. Other Income ......................................... 21 931113 25 183 262 769 839 6 957 531 364 430 517 841
3. Total income ................................. .. 90 591290 57 729 140 29 582 039 14 392 856 8 036 738 6 052 381
4. Miscellaneous deductions from income .............. 4323 599 4 056 643 1 387 859 1 273 734 117 739 336 374
5. Income available for fixed charges ........... 86267 691 53 672 497 28 194 180 13 119 122 7 918 999 5 716 007
6. Fixed charges:
6-01. Rent for leased roads and equipment ... 5028 388 5094083 3 983106 4 128 668 9 3 7 8 9296
6-02. Interest deductions / .................... 26 675 998 27 211929 11215789 11616456 1 361 271 1 4 03 611
6-03. Airortization of discount on funded debt ... 234 976 228 655 75189 74 599 0 12 774 13 812 *0
6-04. Total fixed charges .................. 31 939 362 32534 667 15274 084 15 819 723 1383 423 1426 719
7. Income after fixed chrres ................... 54 328 32 9 21 137 830 12 920096 d 2 700 601 6 535 576 4 289 288
8. Other Deductions ................................. 2 455598 2213 457 876 394 856923 6606
9. Net income ................................... 51 872 731 18 924 373 0 12 043 70 d 3 557 54 6 535 576 4 282 682
10. Depreciation (Way and structures and Equipment)... 43 677 328 43 142484 15 866938 16117934 3 234822 3186 861
11. Federal income taxes .............................. 21 203 421 19 296 109 3 054 712 3 120 708 3 918 565 1 634 677
12 Dividend appropriations:
12-01. On common stock .... ....... ......... 22167646 15 681 701 9 046 380 1 549 270 5 891 339
12-02. On referred stock ...................... 66360 974 9 465 284 3 198 b 31 2 853 372 141 709
Ratio of income to fixed charges (Item 5+6-04) 2.70 1.65 1.85 .83 5.72 4.01

EASTERN DISTRICTSOTE RGO
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

1955 1954 1955 1954 1955 1954

1. Net railway operating Income .......................... 30 484 508 $12 969 865 $15 026 163 $12 964 233 3323149 506 $6 611780
2. Other income......................................... 7 134269 7475372 2 488 602 2117345 12308242 15590545
3. Total income ................................... 37618 777 20 445 237 17 514 765 15 081 578 35 457 748 22 202 325
4. Miscellaneous deductions from income .............. 1 505 598 1 610 108 588 589 402 082 2 229 412 2 044 453
5. Income available for fixed charges ............. 36 113179 18 835 129 16 926 176 14 679 496 33 22P 336 20 157 872
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 53 992 484 4 137964 846 130 788 265 189 774 167 854
6-02. Interest deductions I/ .................... 12577060 13 020067 4 4081272 4159069 10017666 1003 773
6-03. Amortization of discount on funded debt ... 87 963 88 411 31 2 56 20 717 115 757 119 527 7
6-04 Total fixed charges .................. 16657 b07 17 246442 4 958658 4 968 071 10325197 10 320 154
7. Income after fixed charges ................... 19455 672 1 588 687 11 967 518 9711425 22905 139 9 837718
8. Other Deductions .................................... .. 876 394 863 529 261 738 254 057 7 1 317 4 6 1 095 871
9. Net income ................................... 18 579 278 725 158 11 705 780 9 457 368 21 587 673 8 741847
10. Depreciation (Way and structures and Equipment) ... 19101 760 19 304 795 6183 371 6 047 317 18 592 197 17 790 372
11. Federal Income taxes ................................ 6 973277 4755 385 6 217035 5036 127 8 013109 9 504 597
12. Dividend appropriations:
12-01. On common stock ............................ 9046 380 7 440 609 8 959 824 7 844 418 4 161 442 396674
12-02. On preferred stock ......................... 3198 531 2 995 081 3 162 443 3 429076 3 041127
Ratio of income to fixed charges (Item 5+6-04) 2.17 1.09 3.41 2.95 3.22 1.95


UNITED STATES UNITED STATES
Selected Expenditure and Asset Item Balance at the end of January Selected Liability Items Balance at the nd of January ANALYSIS OF NET INCOME--ALL CLASS I RAILWAY *
Balance at the end of January Balance at the end of January
1955 1954 1955 1954
Reports showing Reports showing
17. Expenditures (gross) for additions and betterments- 40. Funded debt maturing within 6 months 2/ $174,379,673 $248,181,091 Period Net Income Net Deficit
Road ..... $17,726,423 $23,923,167
18. Expenditures (gross) for additions and betterments- 1U. Loans and bills payable 2/ 3,224,700 2,121,908 Number Amount Number Amount
Equipment 37,125,719 57,116,297 42. Traffic and car-service balances-Cr. 91,805,999 92,288,914
19. Investments in stocks, bonds, etc., other than those 43. Audited accounts and wages payable 464,064,215 532,473,092
of affiliated companies (Total, Account 707) 408,184,274 433,245,377 44. Miscellaneous accounts payable .. 184,414,390 198,630,565
20. Other unadjusted debits 79,909.239 91.324.048 45. Interest matured unpaid 34,481,066 33,950,087 January... 1955 99 $56,399,040 23 $4,526,309
21. h unad3d d t 9,7 6 9 78,6156 46. Dividends matured unpaid. 7,620,209 9,420,018 January .. 1954 76 38,780,490 46 19,856,117
21. Cash ...... 0,787,806 784,615,660 47. Unmatured interest accrued ....... .-.-- -. 80,933,221 80,873,298
22. Temporary cash investments 906,403,016 980,319,586 a4. Unmatured dividends declared ..... 36,538,251 35,291,175
23. Special deposits 68,307,937 80,219,738 49. Accrued accounts payable 208,026,572 216,899,851
24. Loans and bills receivable.. ............. 418,447 3,079,553 50. Taxes accrued 576,083,894 866,865,532
25. Traffic and car-service balances-Dr ......... 58,889,624 53,940,535 51. Other current liabilities 129 524.856 82'251316
2 Net balance receivable from agents and conductors 143,575,137 155,953,25 .
27. Miscellaneous accounts receivable 277,678,809 363,412,791 2. Total current liabilities (items 41 to 51 1,816.717.373 2,151,065.756 .* xcludes 4 roads whose net income (or deficit) wa
28. Materials and supplies ........ 699,773,627 853,331,194 absorbedd by the controlling copiay.
29. Interest and dividends receivable .. ......... 17,850,684 18,807,234 53. Analysis of taxes accrued:
30. Accrued accounts receivable 232,895,380 216,468,710 53-01. U. S. Government taxes ...-.......--..-.. .... 420,646,715 705,158,402
31. Other current assets 66,365,094 34,565,269 53-02. Other than U. S. Government taxes .---...- 155,437,179 161,707,130
32. Total current assets (items 21 to 31) 3,302,945,561 3,544,713.524 54. Other unadjusted credits ..-. .--- ------ ....... 430,130,104 249,162,746


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.
2/ 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
7MO THE )HN 0P JANUARY 1955 AND 1954


ER EAILVAT OPERATING gT INCONZ FEDERAL ICONS DIVIDED IR EAILVAT OPERATIZG WW INCOME TEDIBAL ISCONE DITIDZED
INCOMB TAZES APPROPRIATIONS IIODMB TAIMS APPROPRIATICES
2*5ion and railway legion and railway

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954

United states Total ................. $65 660 177 $32 545 878 $51 872.731 518 924 3 s I I


lMU tern District Total ............. 22,812,200 7,435.325 12,043.702 i 3.557.524 3,054.712 3,120,708 12,244,911 4,402,642

laetern District Incl. PocahontaW
Ration Total .................... 30,484,508 12.969,865 18,579,278 725,158 6,973.277 4,755.385 12,244,911 10,435,690

New In.land Region Total ........... 1,214,134 d 13464 903,753 1.,055.773 85,196 303,187 634,503 20,078

Bangor and Aroostook ................ 191,723 281,170 56,866 172,912 d 5.309 143.786 -
Boston and Maine .................... 291,007 4816 1.013 d 798.055 14.439 26,575 -
Canadian National Lines in Nev Magland 146704158 & 5181389 -- -
Canadian Pacific Lines in Maine ...... 181,867 146,324 -
Canadian Pacific Lines In Termont .... d 85293 59. 33 -
Central Vermont ...................... 50,201 95,054 d 86.327 42.376 -
Maine Central ........................ 185,389 180,700 92,772 77,105 51,066 80,826 20,078 20,078
ew TYork Connecting .................. 39,125 81,477 d 12.905 29,262 -
Nev York, Iev haven and Hartford ..... 502,683 d 61,400 1,005,529 d 283.990 25,000 52,000 614,425 -
Ratld ............................. 4,136 29.371 7,000 29.242 -


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

Ann Arbor ............................
Cambria and Indiana ..................
Delaware and Hudeon ..................
Delaware., Lackawvanna and eastern .....
Detroit and Mackinac .................
Detroit and Toledo Shore Line ........
-rie .................................
Grand Trunk Western ..................
Lehigh and adeon River .............
Lehigh and Nlw Begland ...............
Lehigh Valley ........................
Monongahela ..........................
Montour ..............................
lew York Central ....................
New York, Chicago and St. Louis ......
Ne TYork, Ontario and Western** ......
Iew York, Susquehanna and Vestern ....
Pittsburgh and Lake Zrie .............
Pittsburg & Shanmt ..................
Pittsburgh and West Virginia .........
Wabash ...............................

Central eastern Bgion Total .......

Akron, Canton and Youngstown .........
Baltimore and Ohio ...................
Bessemer and ake ]rie ...............
Central R. R. Co. of In Jersey ......
Chicago & Eustern Illinois ...........
Chicago & Illinois Midland ...........
Chicago, Indianapolis and Louisville .
Detroit, Toledo and Ironton ..........
llgin, Joliet and Eastern ............
Illinois Terminal ....................
Long Island ..........................
Missouri-Illinois ....................
Pannsylvania .........................
Pnnesylvania-Reading Seahore Linaes ..
Reading ..............................
Staten Island Rapid Transit ..........
Western Maryland .....................


10,891,312 4,134,760 6,414,439 324.555I 1,429,487 1,445,087 7,236,402


5.744
88,748
219.596
564,563
16,983
103,914
1,121,317


69,905
13,492
28,297
55,854

1,303,422
d

804,622
81,639
104,413
609,100

3,314.029

20,259
2,573.303
21,317
334,011
260,183


324,724
d 1.224.273


402,749
d 516.694
1,194,684

641.109


8,315 715
110.671 89, eL4
452,166 64.861
117,019 239,370
24,387 17,226
103.852 98,636
496,966 600,127
d 151.270 & 327.402
23,861 28,376
3.443 54,853
101,765 d 313 5
d 1,757 10,789
31,565 53.143
3,082,934 a 2.762.696
907.455 898.404
d 301.925 6 277.314
15,475 d 48.017
806,115 713,635
14,792 62.138
32,227 66,623
536.383 435.795


4,725.510 d 2.177.126

39,121 15.091
1,119.393 1,076,164
229.319 372
d 163.39 d 1:54
21,734 127,063
72,541 d 54.064
76,447 79.667
371,187 291,654
571.375 d 1.241.912
6 11,884
d 159.673 d 1007.360
121,191 58,327
1,658,066 d 2.056.351
d 436,013 1 d i59616
763.757 833,989
S1601.60 4d197 9
360.960 438.199


86,011
200.000

15.321
90,300


12,525
2,527
d 100.000


20,811
167,000
779,000

22,150
350.185

6.993
180,392


d 42.527
63,018


8.36
84.593
d 108.813

17,482
10,145


40,297
262,000
836,000


128,705

35,275
138.963


20,000
2,014,410



448,814


3,223,697
1,529,481


- +


1,540,029 1,372,434 4,374,.006


20,105
18,000
42,582
1.289
3,700
67,000
28,000
276,796
569.550
I

33.000
106,000

229,007

145 000


36,000

1,289
d 17.200

36,000
185.350
d 42.700

10,000
506.000
62,337
313,512
285.900


372.623

429,642




3,291.939

279,802


4,102,894 western District Total ...............


20,000
2,014,410






2.068,484


Clinchfield .............................
Columbus and Greenville ................
Florida Bast Coast5* ...................
Georgia R. R. Lesses Organization ....
Georgia & l1orida* ....................
Georgia Southern and florida ...........
Oulf, Mobile and Ohio ..................
Illinois Central .......................
Louisville and Nashville ...............
Mississippi Central ....................
ashvirlle, Chattanooga & St. Louis .....
Nle Orleans and Northeastern ..........
Norfolk Southern .......................
Seaboard Air Line ......................
Southern ...............................
Tennessee Central ......................
WVetern By. of Alabama .................


lorthweotern Region Total ............ 2,015,357

Chioago and North Western ..............
Chicago Great Vestern ................. 321,345
Chicago, Milvaukee, St. Paul and Pacific 767,701
Chicago, Saint Paul, Minneapolis & Omaha d 83813
Duluth, Miesabe and Iron ange ......... d 1
Doluth, South Shore and Atlantic ....... 5,078
Duluth, Winnipeg and Pacific ............ 28,184
Great Northern ........................ 1,098,050
Green Bay & western .................... 19,183
Lake Superior & Ishpeming .............. 133.691
Minneapolis & St. Louis ............... 148,283
Minneapolis, St. Paul a S. 8. Marie .... 133,722
Northern Pacific ....................... 573,443
Spokane International ...................* 35,209
Spokane, Portland and Seattle .......... 536.393
Visconsin Central ...................... 222,923


Central Western Reaion Total .........

Atchison, Topeka and Santa e / **.......
Chicago, Burlington & Quincy ...........
Chicago, Rock Island and Pacific .......
Colorado and Southern ..................
Coloredo & Wyoming .....................
Denver and Bio Grande Western ..........
Fort Worth and Denver ..................
Northwestern Pacific ..................
Sacramento northern** ..................
Southern Pacific Co., Incl. Leased Lines
Southern Pacific Transp. System / .....
Toledo, Peoria & Western ...............
Union Pacific Incl. Leased Lines .......
Utah ...................................
Western Pacific ........................


20,004
109,748
584,972
481,464
23,726
109,815
1,005,473
154,239
23.226
18,092
344,475
39.204
34.305
5,001,370
1,216,783
d 181020
50,634
941.846
48,432
67.117
797.407

10,706.754

41,408
2,803,707
245.,245
167,771
390.507
84,309
136.610
398,906
567,119
31,991

118,237
4.543.366

1,139.197

554.185


$669,137

508,157
81,385
17,446

687,898
2,014,759
2,831,902
8,098
378,414
52.293
45.523
2,127,024
3,334,335
25.730
47.564


$497,515

348,261
18,013
& 14.189
d 61,101
700,291
1.938.131
2,277,685
16,153
324,046
161,588
25,762
1,994,.076
2,430,636
25.535
20,351


& $15,725
105,471


d 80,737
457.383
1.370,458
2.447,755
502
225,451
56,919
36,723
1,867,875
2,484,463
154
49,146


$1,476
d 36.878

d 101
479.183
1.285,011
1.748.895
7,230
251,899
172,472
16,225
1.754,393
1,559.496
d 1.
22.2W4


$53.495
114,000



240,000
1,057,000
1,351,308

52,796
25,000
26,000
682,000
2,050,000

31.181


$110,935
1,800




303,000
1.217,000
799.565
576
100,954
180,000

737,000
900,000

4.620


$2.925,000
60,358
255,984


6.793.700


23.149.506 6,611,780 21,587,673 8,741,847 8.013,109 9.504,597 4,161.442


d 8.490.400 1,868,529 &-8,567,556 429,800 126.724 3,406.643


308,483

d 266,958

d 40.056


21,577

15,729


15,011
149,594
6 129.281


236,340
185.446
a 288.860

d 8,225

2.137.W5
17,623

132,821
58,121
1,319,052
22,601
260,500
79.062


d 1,055,603
221.o408


S 11.3876636
d 468,259
d 2.091.156
6 49.030
d 81.297
d 1.622.223
11,387



d 1.080.911
1,804
S124,137
4 272.441


190,000





21,800

100,000

95,000
23,000


130,000





24,524

d 27.800


14,064,1561 10,159.044 15,772.794 1 11,834.619 5.834.712 5,989,960


4,504,668
1,619.924
1,426,840
133,860
36,724
1,098.996
148.,098
84,313

2,899,004
3.326,982
54.139
1,816,821
19.267
255.743


2.955.057
2,076,970
1,268,159
86,165
43.665
931.031
201,181


1,491,108
2,725,363
85,170
980,140
S 1139152
253.918


4,410,738 2,744,491
1,169,605 1,677,735
1,232,436 1.094,403
134,475 87,433
33,872 40,266
810,139 663.827
90,453 140,534
86,688 17834
6 101.240 d 87.362
2.650,857 1,049.982
2,936.254 2,152,801
52,254 82,184
5,124,261 4,355.963
18,113 d 11.302
60.143 172,299


2,778,000
359.900

79,219
30.000
620.500
16,316
77,066

18.211
227.636
55.500
1,800,000


+ -.-. _.. .1- 1-


1,816,000
1,136,300
179,000
19,340
26,700
593,800
67,120



81,817
88,000
2,000.000

63.700


3,331.673

74.970


754,799


330,000








424.799


$1.118,718
2,340,000
60,358
255.984


6,469,150


3.437,801


3,041,127


3,041,127


396,674


396,674


7,069.9931 4.943.136 3,946,350 5.474.784 1,748.597 | 3.387.913 -


193,814
220,069
594,201
67,264
430,773
1.554
391,733
1,153,207
88,745
12,649
239,244
737.601
24.026
6 1,158,473
d 96.606
1,234,255
18,613
789.326
1,061


54,399
.,202
472.796
25,225
465,476
19.744
125.545
438.545
129,367
12,340
219,329
376,451
40,050
581,835

275.396
74,935
711.969
10,525


209,070
1.493
453.686
59.785
375,778
19,015
118,524
d 11:::6


176,488
365.484
22.500
2,293.869
d 113.718
1.092,820
18,603
619.232
d 6.o84


440.000
20,405
336.000
16.154
d 100,000


10,097

1,000
33,000
424,016

209,425

346,000
12,500


18,000

457,000
48,682
266,000
15.558
6 120.000


11.883
8,000
28,000
13,000
2.308.973

81,817
19,000
232,000


279.670














279,670


Pooahonteas region total ............ 7.672,308 5.534.540 6.535.576 4,282,682 3.918.565 1.634,677 6,033.046

Atlantic and Danville ................. 10,665 3.900 4,312 6 10.408 222 -
Chesapeake ad Ohio .................. 4,632,878 3.437.932 3,663,886 2,375,428 1,700,000 300,000 6,033.048
Norfolk and Western .................. 1.987,710 1,233,228 1,979.669 1,199,805 1,425,000 725,000 -
Richmond, Predericksburg and Potomac 225,712 262,039 239,216 275,331 218,000 215,000 -
Virginian ............................ 815,343 605,241 648,493 442.526 575,565 394.455 -


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

Alabama Great Southern ..............
Atlanta & Saint Andrews Bay ..........
Atlanta and West Point ...............
Atlantic Coast Line ..................
Central of Georgia ...................
Charleston A Vestern Carolina ........
Cincinnati, lev Orleanse Tsas Pacifft


* Report of receiver or receivers.
e* Report of trneteo or trustees.
j Deficit or other reverse items.


15,026,163 12,964.233 11,705,780 9.457.368


179.627
59,226
_ 11.805
1.331,667
247,429
52,984
402,548


100,994
61.635
33,492
1,721,658
410,130
36,877
403,655


159.653
59,825

1,743,663
119,759
20,169
279.234


6,217.035 5,036,127 12,122,262 11,273,494


52,161
21,474
100,000

15,000
350,000


20,000
55.677

400,000

10,000
195,000


1,235.140
852,085


1,029,284


40,312
224,740
601,226
33,114
516,968
d 2,2M
393,014
1,793,707
348,680
10,274
285.995
829.652
42,857
631,916
d 73.914
427,978
74.935
873,740
17,070


5/ Snoludee Atchison, Topeka Sate Ye By Golf, Colorado & Sent. Ye By. and Panhandle Sate Ye By.


Lt Includes Atchison, Topeka & Santa Pe By Oulf, Colorado & Santa Pe y., ad Panhanle &Santa Pe 17.
/ Date not included in totals. Includes Southern Pacific Compny, Texas ad ow Orleans R. R. Co., and leased lies.
U. S. GOVERNMENT PRINTING OFFICE: 1955 0 310320 (9)


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

Beaumont, Sour Lake & Vestern**ee ........
International-Great Northern~e..........
Nansas City Southern ..................
laness, Oklahoma & OGlf ................
Louisianaa & Arkansas...................
Midland Valley .........................
Missouri-ansae-Texas ..................
Missouri-Pacifice*.......................
Now Orleans, Texas & Mexico. ..........
Oklahoma City-Ada-Atoka ................
St. Louis, Brownsville and MNexcoe ....
St. Louls-San Franoicco ................
St. Louis, San Trancisoco and Tens .....
St. Louis Southwestern .................
San Antonio, Uvalde* & Olf0. ...........
Texas and In Orleans ..................
Texas and Northern .....................
Texas and Pacific ......................
Texas Mexican .........................


120,760
62.594
21,787
911,868
547,202
68,909
532,422


I I


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396.67


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page 2









Subject to revision


UNIVERSITY OF FLORIDA


S 3 1262 08851 3766 INTERSTATE COMMERCE COMMISSION

JUN 2 6 p BUREAU OF TRANSPORT ECONOMICS AND STATISTICS

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

Compiled from 122 reports (Form IBS) representing 125 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


Income Items


1. Net railway operating income .....................*
2. Other income ......................................
3. Total income .................................

4. Miscellaneous deductions from income ..............
5. Income available for fixed charges ...........
6. Fixed charges:
6-01. Rent for leased roads and equipment ...
6-02. Interest deductions / ............ ......
6-03. Arortization of discount on funded debt ...
6-04. Total fixed charges.................
7. Income after fixed chores ...................
8. Other Deductionse .................................
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 referred stock .......................

Ratio of income to fixed charges (Item 5-6-04) .


UNITED STATES


EASTERN DISTRICT


$212.491.605


14,087,500
104,899,592
539,989,430
191,859,005
31,196,669
11,915,199
91,774,546
68,084,509
214,197,025
866,256 4
87.68.94


POCAHONTAS REGION


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 or the two months of


1955 1954


1955


1955 1954


I I I 1 I I


$66 604 262
17 410 309
84 014 571
3 820 778
80 193 793
4734 065
26 018 846
234 531
30 987 442
49 206 3 51
3 072 977
46133 374
44 007 875
21 868 315

34 276 374
13 585 2 52

2.59


$44 073 593
16 879 176
60 952 769
3 726 445
57 226 324
4 818 306
26 587 429
227 278
31 633 013
25 593 311
2 743 533
22 849 778
43 344 023
19 159 344

27 021 222
19 522 440

1.81


$134 444 566
39 311 242
173 755 B08
7648967
166 106 841
9539963
52 091477
469 507
62 100 947
104 005 894
6 082 427
97 923 467
87 689 435
42 965 586

56 444 02 C
19 946 226

2.67


$76 095 397
42 030 484
118 125 881
7 522 359
110 603 522
9689545
53 179 140
455 933
63 324 618
47 278904
5 525 313
41753 591
86290867
38 339 898

42 702 923
28 987724

1.75


$21 650 148
6 252 186
27 902 334
1 160 018
26 742 316
4041 979
10659 847
67 624
14 769 4 50
11 972 866
1 537 508
10 435 358
16 120 4 32
1 904 844

2 838 027
433 050

1.81


$9 235 343
6 174 374
15 409 717
1 312 260
14 097 4 57
4 074 016
11 059 102
74 295
15 207 413
d 1 109 95
1 377 565
d 2 487 521

16 135 94
2 833 669

2 845 071
2 691 552

.93


$44 462 348
13 022 026
57 484 374
2 547 877
54 936 497
8025 086
21 321784
142 81 3
29 489 683
25 446 814
2 967 754
22 479 06 0
31987 371
4 959 556

11884 407
3 631581

1.86


S16 670 6688
13 131 905
29 802 573
2 585 994
27 216 579
8 202 683
22 107 236
148 894
30458 813
d 3 242 234
2 802 811
d 6 045 045
32 253 880
5 954 377

4 394 341
5 544 924

.89


I kASil*kN'bislklet I


Income Items


INCLUDING
onrDi A 5JIM A arMh


SOUTHERN REGION


$7 257 802
177 275
7 435 077
106 359
7 328 7 : 8
7049
1352 512
12 6 57
1 372 218
5 956 500
5 956 500
3241 710
3 218 165

11 220 184
95 6 56

5.34


$4 757 694
362 720
5 120 414
325 428
4 794 986
6 865
1 396 161
13 713
1 416 739
3 378 247
6 606
3 371 641
3 195 178
652 852

5 001 237

3.38


$14 930 110
541705
15 471 815
224 098
15 247 717
16 427
2 713 783
25 431
2 755 641
12 492 076

12 492 076
6 476 532
7 136 730

11 220 184
95 656

5.53


1954


LO 292 234
880 561
11172 795
661802
10 510 993

16 161
2799772
27525
2 843 4 58
7 667 535
13 212
7 654 323
6 382 039
2 287529

10892 576
141709

3.70


WESTERN DISTRICT


MUAHU ITj --IN-


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


4 r 4 + +


1955


For the two months of


1955


___________________________________________________ L 1 4 4* + 4- + 4 I. 4 .4. 4


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 e/ ...................
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 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... ... ...... ...
24. Loans and bills receivable .... .......
22. Traffic and car-service balances-Dr ......
2 Net balance receivable from agents and conductors
27. Miscellaneous accounts receivable
28. Materials and supplies ... ... .....
29. Interest and dividends receivable ..........
30. Accrued accounts receivable
31. Other current assets
32. Total current assets (items 21 to 31)


$28 907 9 50
6 429 461
35 337 411
1266377
34 071 034
4 049 028
12 012 359
80 2 81
16 141 668
17 929 366
1 537 508
16 391 858
19 362 142.
5 123 009

14 058 211
528 706
2.11


L13 993037
6 537 094
20 530 131
1637688
18 892 443
4 080 881
12 455 263
88 008
16 624152
2 268 291
1 384 171
884 120
19 331 124
3 486 521

7 846 308'
2 691 552
1.14


$59 392 458
13 563 731
72 956 189
2 771 975
70184 214
8 041513
24 035 567
168 244
32 245 324
37 938 890
2 967 754
34 971136
38 463 903
12 096 286

23104591
3 727 237

2.18


$26 962 902
14012 466
40 975 368
3247796
37 727 572
8 218 844
24907008
176 419
33 302 271
4425 301
2 816 023
1 609 278
38 635 919
8 241 906

15 286 917
5 686 633
1.13


$13 583 656
1 332 680
14 916 336
83 644
14 832 692
523 368
3 975 103
31 066
4 529 537
10 303 155
261 694
10041 461
6 005 154
6146 088

2 910 8 80
354 298

3.27


$11 788 708
1 130 676
12 919 384
117 497
12 801 887
572 077
4 000 249
19 188
4 591 514
8 210 373
264 771
7 945 602
6 098 617
5 600 980

1 885 731

2.79


$27 789 946
3791101
31 581 04 7
176 823
31404 224
1 147 007
8006 860
62 322
9216189
22 18803 5
523 432
21664 603
11 992 756
12 256 973

11870 704
3 516 741
3.41


$24 228 867
3 216 066
27 444 933
258 850
27 186 083
1137498
8107442
39 905
9 284 845
17 901238
518 828
17 382 410
11 950 294
10 521 552

9 730149
3 429 076
2.93


$24 112 656
9 648 168
33 760 824
2 470 757
31 290 067.
161 6 69
10031 384
123 184
10 316 2 37
20 973 830
1 273 775
19 700 055
18 640 579
10 599 218

17 307 283
12 702 248
3.03


$18 291 848
9 211406
27 503 254
1 971 260
25 531 994
165 348
10 131 917
120 082
10 417 347
15 114 647
1094 591
14 020 056
17 914 282
10 071 843

17 289 183
16 830 888
2.45


$47 262 16 2
21956410
69218572
4 700 16 9
64 518 403
351443
20049 050
238 941
20639 434
43 878969
2 591 241
41 287 728
37 232 776
18 612 327

21468 725
12 702 248

3.13


4924 903 628
24 801 952
49 705 580
4 015713
45 689 867
333 203
20 164690
239 609
20737502
24 952 365
2 190 462
22 761 903
35 704 6 54
19 576 440

17685857
19 872 015
2.20


+ ft t Ii __________________________


UNITED STATES

Balance at the end of February


Selected Liability Items


- 1 i -,,- i t 1-- i 1


#34,445,255
80,124,671

398,392,557
83,591,980


853,354,129
920,301,308
80,969,772
406,258
57,347,802
161,213,973
277,433,456
696,907,978
20,606,743
225,734,408
30,851,901
3.325.127.728


$45,890,606
114,943,436
409,825,593
88.004.934


810,228,816
956,913,599
89,929,395
17,934,021
51,944,073
161,867,020
351,420,812
854,913,897
22,772,439
208,616,718
34,950.900
3.561.491.690


40. Funded debt maturing within 6 months 2/-


*


Loans and bills payable j/. ....... .. .
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 --............. .. ..------------- ..--


$171.834.958


3,207,692
111,027,614
467,942,983
169,052,356
32,681,119
5,145,785
89,352,656
76,785,055
212,651,399
584,945,270
99.216.424


1,852,008,353 1 2,221.944,753


431,139,088
153,806,182
406,332,450


706,136,293
160,120,041
249,775,947


---- .- A ___________________________________________________ 5


d Decrease, deficit, or other reverse item.
T/ Represents accruals, including the amount In default.
# Mlude the reports of the Atlantas and West Point, Climehfilst. Georgia, sand Western r.


ANALYSIS OF NET INCOME--ALL CLASS I RAILWIBS *


Period


Report showing
Net Inoome


Number Amount


Reports showing
Net Deficit


Number Amount


February 1955 92 $50,906,140 28 $4,772,766
February 1954 82 37,984,103 38 15,134,325
2 months 1951 97 106,786,625 22 8,863,158
2 months 1954 80 75,947,491 40 34,193,900


* Eelates 2 roads who se t imase (or d fielt) ma
atborbed by7 tUhe ntrolling eo*spu he 2 momth
of 1955. emiludes -a aMtlA mal reed ish reerts
ae met IaIMo (or defeat) fer that peret.


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.


Statement No. M-125
FEBRUARY 1955


/


UNITED STATES

Balance at the end of February


of Alabsm dme to etrikS.


WETEN ISTIC


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INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
M TIn TwO MO ITs = sNM sS 19558 AD 19


E RAILVAT CPEATINO X RAL INOOKI WTlHID UT RAILWAY OPERATION O AIIL I3NOMI DITVIID
100ooM MTP Ix TAinS APPROPBIATIONS INouon IT IoI TAls APPRoPRIATIONS
IRgion andi railway _____gon d ralwa___________ _________________ ________________ _________________ i d iwy ____________________________ __________________
1955 1954 1951955 1 1955 195 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


329.79$ ,467 01,753. 91


*42.965.586


$36,339,898 $76,390,M 7


l etoern District Total ............. 44,462.348 16,670.668 22.479,060 d 6,04 ,045 4,959,556 5.954,.377 15.515,988 9,939,265
astern Distriet Iaol. Poeahontas
Srion- Tota ...................... 59.392.458 26.962.902 34,971.136 1,609,278 12.096.286 8.241,906 26.831.828 20.973.550

lov Alland Ration Total ........... 2,476.261 889,366 1.842,177 d 1.319.584 5 438.816 484,745 682,353 2,263.224
Banger and Aroostook ................. 328,943 495,708 58,307 282,142 & 71.369 218,584 47,850 47.850
Boston and Maine ..................... 433157 .839 134,838 1.20797 30,847 52.942 721,276
Canadian National Lines in w land 228 4 252648 40.348 -
Canadian Pacific Liae in Maine ...... 237,580 3- -
Canadian Pacific Lines in Teront .... 134.071 115.157 -
Central Teraont ...................... 48,301 152,375 4 227.- 4 122.975 -.
Maine Central ........................ 366,862 338.557 168.918 121,584 119,138 109,219 20,078 20,078
Inw Tork Oonneotio .................. 144,808 114,314 40,742 9,912 -
Nev York, Nn aiven and sartford ..... 1,293,481 521,808 1,.928,354 10,017 1 517.432 104,000 614,425 1,474,020
ntland .............................. 4 13.957 70032 4 9.094 4 71.979 -
great lakes ation Total ........... 21,364,352 11,207,837 11,868,679 1,884,344 2,776,148 3.147,422 10,016,569 6,460,855

Ann Arbor ............................ 52.226 38,833 25,502 13,348 55 1 -
Cambria and Indiana .................. 209,004 161,443 211,603 161,964 161,023 112,040
Delaware and Hdson .................. 1,213,613 549.444 921.757 232,091 350,000 -
Delaware, eackawanna and Western ..... 917,617 1,115,890 168,139 417,792 269 170.5 1,688,824 1,266,618
Detroit and Mackins................... 56.862 39,146 56,622 38.285 39,033 20,336 -
Detroit and Toledo Shore Li ne........ 215,618 202,388 203,220 191,632 175,742 163,082 40,000 40,000
rie ................................. 1,995,692 2,127.692 948,311 1,143.310 d 394.486 76.322 2,933,253 2,933,253
and Trunk Western .................. 508,812 614,287 d 163.662 a 11.886 -
Lehigh and Hudson River ............. 51.900 50,560 53,191 53,185 36,391 30,882- -
ehigh and Nw o gla ................. 56,319 140,613 26,290 109,839 22,337 31,893 -
Lehigh Talley ........................ 646,176 233.886 115,114 4 436.997 200000 448.814 -
Monngahala .......................... 32,872 35.535 49819 43.5 -
Montour............................... 64.523 105,427 59,404 100.388 30.912 74.355 -
aew Tork central ..................... 9,384,962 138,558 5,291,810 4 3,898478 337.300 527.900 3.223,697
w York, Chicago and St. Loais ...... 2,550,017 2,693,270 1,734,802 1,891,864 1,489,000 1.851,000 1.529,41 2,068,484
Nw TYork, o tario and WesternC**...... 5.530 d 2 577.385- -
w York, quhanna and Western .... 105,470 2,831 32,878 df 6,1 25,650 -
Pittsburgh and Lake Ar .... ......... 1,765.392 1,512,253 1,510,027 1.329.,936 525.379 182,884
Pittsburg & ShmM .................. 97,500 155,819 29,976 116.797 -
Pittaurgh and West Tirginia ........ 149,019 186.561 77,025 108,488 28,712 38,305 152.500 152,500
Wabash ............................... 1,627,088 1,360,528 1,193.874 930,54 419,040 417,393 -
Central latern Retion Total. ....... 20,621,735 4.573,465 8,768,204 d 6.609,805 2,622,224 2,322,210 4,817,066 1,215,186
Akron, Canton and Toungstown ......... 93,230 54,408 81,805 38,982 54,174 718 84,550 86,168
3altimore and Ohie ................... 5.586,239 5,080,020 2,325,341 1,901,219 36,000 72,000 -
Bessemr and Iake i ri. ............... 222,730 3,166 185,371 d 41.574 -
Central R. R. Go. of New Jersey ...... 383,804 573,180 IS 45 d 265 7 49.323 2.578 2,578 -7
Chicago A astern Illinois ........... 691,857 538,427 333,144 259,905 600 0 311.427-
Chineag s 1llaoie island ........... 155,381 134,574 d 172,014 138,301 a -6
Chicago. Indianapolis and Lmisville 278,385 328.963 155,677 196,313 60,000 112.000 429,642 429,642
Detroit, Toldas and Ironton .......... 782.322 642,910 722,277 572.741 541,101 363,939 -
ILgin, Joliet and Nasterma ............ 991,028 28884 989,949 d 2.920.651 955,077 -
llinaois terminal .................... 81,800 53,664 d 701 d 51.800- -
Lang IslaMd .......................... d 197.889 14 6 301443 1.91 -ou
MHsouri-I1lnois .................... 191,778 75,584 197,716 82,102 77,000 6,000 -
Pennsyrlvaia ......................... 8,743.159 2,972,559 5.669.0 212,000 486,000 3.291939
PennsylTania-sading Seashore Lides .. 653.334 4 804,44 4 1100 2 124,674 -
eading .............................. 2,243,085 2352,479 1.497,095 1,633690 329.593 770,202 699.508 699.376
Staten Island Rapid Transit .......... U113.868 110.116 d A 196.99 -
estern Maryland ..................... 1.142.028 1,22077 751846 813804 328000 464,300 -

Pocahontas Retion Total ............ 14.930,110 10.292.234 12.492.076 7,654.323 7,136.730 2.287.529 11.315.840 11.034,.285

Atlantic and Danvillle ................ 18,542 3,577 6,070 8.930 444 -
Ch.espeak a Ohioe .................. 9.212,180 6,646,599 7,151,471 4,405.707 3.150,000 300,000 6,004.571 6.033,048
Norfolk and Western .................. 3.882,519 2,067,129 3.830,32S 1,987.066 2,700,000 975.000 4,219,449 4,219.449
Richaond, frlderickstbrg and Potome 359,378 509,299 386,131 534,293 338,000 385,000 310,032 -
Tirinian ........................... 1,457,491 1,065.630 1,118,076 736.187 948,730 627,085 781,788 781,788


Southern Dtcioa Total...............
Alabama oeat Southern...............
Atlanta A Saint Andrmewa r ..........
Atlanta and West Point I ...........
Atlantio 0oet Line .................
Central of Georgi ..................
Charleston & Western Carolina ........
Olaninnati, Saw Orleans &A a Pacifie


27,789.9461 24,.228.867 21,664,603 17,382,410 12,256.973 10.521.552 15.387.445 13.159,225


296,820
125,188

2,284,700
660,669
66.288
828,714


369,365
112,809

2,271,661
209,863
61,738
726,009


13,000
119,805
625,000
20,000
690,000


90,000
119,927
1,900,000

45,000
600,000


1.235.140
852.085


1,029,284


Southern Nagion Oontinmd
alinohfield I/ ..........................
Columbus and Greenville ................
florida last Coast **..................
Georgia R. R. seso Organisation 1/ .
Georgia A 7lorida* .....................
0erggia Southern and lorida ...........
Gulf, Nobile and Ohie .................
Illinois central .......................
ouisville and lashville ...............
ississippi Central ....................
Nashtille, Chattanooga & St. Louis .....
oev Orleans and Northeastern ..........
lorfolk Southern ......................
Seaboard Air Idne ......................
southern ..............................
?nOaesO central ,.....................
Western By. of Alabama iJ ..............
western Distriet Total ...............


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

Ihioago and North eastern ..............
3hicago Great Western ................
Chicago, Mlwaukee, St. Paul and Pacifie
Chicago, Saint Pail, i nneapolis &A Dha
Doluth, Issabe and Iron Rang .........
nluth, South Shoreand Atlantio .......
Daluth, Winnipag and Pacific ..........
Great Worthera .........................
raeen Bayr & western ....................
Ike Saperior & Ishpeaing ..............
inneapolis & St. Louti ................
lienapolis, St. Paul & S. S. Maria ....
northern Pacifie .......................
Dpoks Intarnational ..................
spokane, Portland and Seattle ..........
Visoonsin Oentral ......................
Central Western Paeion Total .........
Ltchison, Toplka and Santan e &/.......
Chicago, Burlington & Q incy ...........
Chicago, look Island sad Peifio .......
Colorado and Southern ..................
Colorado & Wwoming .....................
Denver and Rio Grand* western .......
Fort Worth and Denver ................
northwestern Pacifio .................
Sacramanto Northern** ..................
Southern Pacific Co., laol. iasmed Liae
Southern Paifio Transp. System / .....
Toledo, Peoria A& western ...............
Union Pacifio Inl. leased ines .......
Utah ...................................
Western Panific ........................


Southwetern irlon Total ............
lamont, Sour lae & eastern ........
International-Great northern .........
lanmas City Southern ...................
Kansas, Oklahcma & O lf ...............
ouisiana & Arkansas ...................
Midland Tally ........................
M s1ouirl-ansas-Teas *..................
Mad ouri-Pacifio **.....................
loraw Orleans, Texas & Maeico**.........
Iklahoma Citry-da-Atoka ................
St. Int,, Brownsville and aeicoo ....
St. Louit-San francisco ................
St. Louie, San Francisco and Taxe .....
St. Louis Southwestern .................
San Antonio, Uralde A Glf**............
ITas and New Orleans .................
Texas and Northern.....................
Texas and Pacifio ......................
Tmas Mexican ..........................


-

1.003.670
32,212
d 97.590
1,362.251
4.145,246
5,570,418
30,886
660,995
191,988
81,438
4.199.547
6,272,187
35.422


$13,111
878,180
d-

1.360.593
3,631.341
4,328,075
31,338
682,894
327.147
78,920
3,939,166
4,667,755
47,626


d *5.133
221,011


913.849
2,855,211
4,781,394
16,231
447,472
201,007
62,163
3,683.590
4,.532,919


$18,426
123,470
d 199.

2,365,202
3,199.307
15,022
492,066
341,185
60,075
3.453,894
2,975,072
&--^Sm


$1.,000
249,000


482,000
2,184,000
2,666,016
1,752
87,400
145,000
64,000
1,239,000
3,670.000


$15,600
150,000


551,000
2,183,000
1,178,730
1.575
259.720
350,000
40,000
1,337,000
1,700,000


$24,375



812.915
2,312,208
2,925,000
60,358
255,984
115,680
6,793,700


$4,375




2,816,191
2,340,000
60.358
255,984
163,881
6.469.152


47,262,162 24.903,628 41,287,728 22,761,903 18,612.327 19.576,440W 34,.170.973 1 37.557.872


3.417,432 A i.4408 424.28L .408.626 1.263.825 376.026 11,344,32 13,890,014


1,389,998

81,591
68,676
2,397,284
63,979

96,862
1,286,660
93,023
649,976
360.234


".542.01
599,43W
d 403.612
L 422.262
d 3.777.096
1 12
S48:75



& 164:666

673.21
545,436
d 142.993


457,383
180,822



2.951,807
102,244

235,833
1,527,927
67.925
89,359
71.684


A 1.556.603
S 825i.272

d 120a6}1
4 1.657.229
85.259
d 284.759
173,291
d 908.634
5 1.991.032
36,097
I s22 17

3oTW


365,000





78,825
168,000

195,000
57,000
400,000


238,000





61,127

71.899

5,000


5.593.255



3.331.673
125,000
74.970

359.552
1,859.782


3,015,880
5.593.255



3,041,127
125,000
74,970
180,000

1,859,782


29,522,434 24,708.377 32,847,445 28,133.468 13.309.532 13.730.296 1 16,288,132 16,677.415


9,348,504
3,246,682
2,622,160
242,288
83.585
2.249,372
207,370
162,087

6.513.1o2P
7.493.145
104,857
3.978,248
34.216
760 695


7.455.130
4.755,860
2,516,186
164,793
82,424
1.983.483
430.506
421
4,389,522
5.890,762
153.780
2,455.042
9a 550
3F.7-30


8,834,523
2,341.304
2,250,786
238,519
77.942
1,674.574
63,953
167,372
6,827.939
7.516.091
99,759
10,041,632
33,202
361,203


6,747,963
3.866.359
2,170,978
165.653
75.666
1,443.051
280.942
A 189.035
d 126,190

5,691,073
146,174
8,717,017
d 56.601
418.714


6,177,617
700,600
218,000
136.925
69,2oo
1.313.800
159.270
606.020
1,108,884
106,100
3,800,000
22,000


4.513.000
2,660,200
651,000
22,674
40,400
1,157.800
115,272


781,238
156.450
4,300,000

113.500


330,000
1.199,855


6,785,341
6,785,341

7.548,137
424,799


14.1322.2961 10.629.309 8.016.0021 8.037.061 4.038.970 I .470.118 I 6.5'8.609


1.251.9641
88,936
980.996
2,053
900,802
3.521.236
522,384
24,318
694,540
1,825,156
85,709
1,393,975
980,00o
142,6532
1,618,606
32,25


-~ ~~~5 I -I-


275,420
442,095
1,1.256,071
163,246
863,189
19.586
780.978
2.424,536
263,158
66,889
468,338
1.374,902
59,172

1,501,240
31,148
1,370,553
17,750


22,874
28,315
996,856
70.377
879,252
15.855
364,400
754,.595
88,991
26,.518
559,651
941,599
80,410
1,298,764
668.152
142,653
1,293,882
18,405


305,418
4,710
859,990
145.714
765,048
28,770
233,013
d 177.452
d 168;718
68.374
343.676
595,645
55,977
2,898,754
* 176.492
1,198,296
31,128
1,024,984
220


948,000
57,114
611,000
12,972


21,696

228,000
77,000
971,824
502,864
669,000
21,500


42,000

820,000
118.754
445,000
23.539


55,942
33,000
28,000
51,000
2,831,891
781.238
31,300
400,000
1,700


974,399


833,756



;,736,269
994,185


0,ooo00
1,837,263


6,785.341
6.785.341
7.548.137
396,674


6.990.443


974,399


833.756



4,188,103

994.185


* Report of rea*iTer or receivers.
Report of trustee or trustees.
SDetiit or other reverse item*.


/Eport not filed due to strike.
Includes Atchison, Topeks & Santa 7e B., Gulf, Olorado & Santas y., and Panhandle A Santas f r.
Data not included in totals. Includes Southern Pacific Company, Teuas and New Orleans 1. R. Go., a. d lasted line.
U. S. GOVERNMENT PRINTING OFFICE: 1955 0 310320 (10)


d etinU 44994 2 41 6


67$ 095 397 I


Pafe 2


335.,302
136,232
1,678,290
943,211
128,423
1,089.909


409,640
111,433
2,285,861
471,627
125,873
977,899


T
T
T


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


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-r


-r


-r


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a


1-1- .............


I I


I I I I


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Subject to revision


UNIVER.ifrY OF FLORIDA

I 111111 111 11111111I 11 1 11I1111 1 11 7I I 1 111 1111111111111\\111
3 1262 088O51 3618 INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


VLO





Income Items




SNet 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. Arortizatlon 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 ..............................
S .i i* 12 Dividend appropriations:
S 12-01. On common stock........................
12-02. On preferred stock .......................

SRatio of income to fixed charges (Item 5-6-04) .
-. o ".


: .


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

Compiled from 1,22 reports (Form IBS) representing 125 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNITED STATES


EASTERN DISTRICT


/


POCAHONTAS REGION


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


1955


$97 733 2 41
18 318 940
116 052 181
4 001 488
112 050 693
4793 622
26 044 760
248 173
31 086 555
80 964 138
3 097 965
77 866 173
44 084 131
40 661 482

20 148 6 10
4085 268
3.60


1955 1954


1955


1- 'I 1- 1 i 1- 1 -- I --


$69 166 876
19 182 814
88 349 690
3 774 370
84 575 320
4 924 859
26 542 357
234 670
31 701 886
52 873 434
2 692 925
50 180 509
43 416 430
29 856 290

19 425 011
5 294 224
2.67


$232 177 807
57 630182
289 807989
11650 455
278157 534
14 333 584
78 136 239
717 68 C
93187503
184 970 031
9180 392
175 789 639
131773 566
83 627 068

76 592 630
24 031 494

2.98


$145 367637
61213298
206 580 935
11296 731
195 284204
14 614 402
79 721495
690 604
95026 501
100257703
8218238
92 039 465
129707298
68 196 188

62 1279341
34281948
2.06


$33 714 6 53
7 277 6 1C
40 992 263
1 530 118
39 462 145
3 929 538
10650803
78 991
14659332
24 802 813
1 641 492
23161 321
16149 988
5 270 960

2 599 749
2 747 784
2.69


$17 798 754
8 061 743
25 860 497
1 339 200
24 521 297)
4 084 419
11035 960
74 486
15 194 865
9 326 432
1 318 086
8 008 346
16 160 212
2 835 960

2 696 834
2 317 227

1.61


$78 177 002
20299 636
98 476 637
4077 995
94 398 642
11954624
31972 587
221 804
44 149 01 5
50249 627
4609246
45 640 381
48137 359
10230 516

14 484156
6 379 36 5

2.14


$34 574 786
21193 648
55 768 434
3 925 194
51843240
12 287101
33 143 195
223 381
45 653 677
6 189 563
4120 897
2 068 666
48 414 093
8 790 337

7 091 175
7 862 151
1.14


$9 074 142
221742
9 295 884
124 14C
9171 744
10 4 5C
1 346 917
12 648
1370 015
7 801 729
7 801 729
3 215 822
5 369 115

S 539

6.69


$5 526 985
440 993
5 967 978
366 284
5 601694
7 300
1 392 162
13 712
1 413 174
4 188 520
6606
4 181 914
3 203 717
1 389 549

310 639

3.96


$24 004252
763447
24 767699
348 238
24 419 461
26 877
4 060 700
38 079
4 125656
20 293 805
20 293 805
9 692 354
12 505 845

11220 131
95 656
5.92


$15 819 219
1 321 554
17140 773
1 028 086
16112 687
23 461
4191934
41 237
4 256 632
11 856 055
19 818
11 836 237
9 585 7 56
3 677 078

11203 215
141709

3.79


INCIuING 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

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954

1. Net railway operating income ...................... $42 788795 $23 325 739 $102 181 252 $50394005 $16 235 905 $14 940 350 $44025851 $39169 217 $38 708 541 $30 900787 $85 970 703 $55 804 415
2. Other income ...................................... 7499 352 8 502 736 21063083 22 515202 1128 325 1 342 936 4919426 4 559 002 9691263 9 337 142 31647 673 34 139 094
3. Total income ................................. 50288 147 31 828475 123244336 72 909207 17364230 16 283 286 48945277 43 728 219 48 399 804 40 237 929 117 618376 89 943 509
4. Miscellaneous deductions from income ............... 1654 258 1705484 4426233 4953 280 104 109 97 812 280932 356662 2243121 1971074 6943290 5986a789
5. Income available for fixed charges ........... 48633889 30122 991 118 818 103 67955927 17260121 16185474 48664345 43371557 46156683 38266 855 110675086 83956720
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 3939988 4091719 11981501 12310562 678431 669290 1825437 1806788 175203 163 850 526646 497052
6-02. Interest deductions i/ .................... 11997 720 12428122 36033 287 37335129 4002047 4047723 12008908 12155165 10044993 10066 512 30094 044 30231201
6-03. Amortization of discount on funded debt ... 91 639 88 198 259 883 264 618 31 041 19 039 93 363 58 944 125 493 127 433 364 434 367 042
6-04 Total fixed charges .................. 16029347 16608039 48274671 49910309 4711519 4736052 13927708 14020897 10345 689 10357795 30985124 31095295
7. Income after fixed charges ................... 32604 542 13 514 952 70543432 18045618 12 548 602 11449422 34736637 29350660 35 810994 27 909060 79689962 52 861 425
8. Other Deductions ................................ 1641492 1 324 692 4609246 4140715 261 476 264 710 784908 783538 1194997 1 103 523 3786238 3293985
9. Net income ................................... 30 963 050 12 190 260 65934186 13904903 12287 126 11 184 712 33951729 28 567122 34615 997 26 805 537 75903724 49 567440
10. Depreciation (Way and structures and Equipment) ... 19 365 810 19 3635929 57 829 713 57 999 849 6 032 4 13 6 020 584 18 025 169 17 970 878 18 685 908 18 031 917 55 918 684 53 736 571
11. Federal Income taxes .............................. 10640075 4 225 509 22736361 12467415 7310232 8 684 204 19567205 19205 756 22711175 16 946 577 41323502 36 523 017
12. Dividend appropriations:
12-01. On common stock .......................... 2 599 696 3 007 473 25 704287 18294390 2604 901 2 299 239 14475605 12 029 388 14944013 14 118 299 36412738 31804156
12-02. On preferred stock ....................... 2747 784 2 317227 6475021 8003860 3886 1 709 305 3520627 5 138381 1333 598 1267 692 14035846 21139707
Ratio of income to fixed charges (Item 5-6-04) 3.03 1.81 2.46 1.36 3.66 3.42 3.49 3.09 4.46 3.69 3.57 2.70


UNITED STATES UNITED STATES
Selected Expenditure and Asset Items Balance at the and of March elected Liability Items Balance at the and of March ANALYSIB OF NET INCOME--ALL CLASS I RAILWAYS *
Balance at the end of March Balance at the end of March

1955 1954 1955 1954 ,,
Reports showing Reports showing
17. Expenditures (gross) for additions and betterments- 40. Funded debt maturing within 6 months 2/1_ .. .. $169,628,040 $199,292,322 Period Net Income Net Deficit
Road $54,111,572 $72,229,411
18. Expenditures (gross) for additions and betterments- 4. Loans and bills payable .. 13,865,127 39,954,167 Number Amount Number Amount
Equipment .. ..... 119,302,088 167,379473 42. Traffic and car-service balances-Cr.. .... 97,324,071 86,682,651
19. Investments in stocks, bonds, etc.. other than those 43. Audited accounts and wages payable .. .... 427,208,489 452,350,953 March 1955 99 $81,196,553 21 $3,330,380
of affiliated companies (Total,.Account 707) .... 404,268,542 410,866,538 44. Miscellaneous accounts payable 171,472,318 181,925,365 March 1954 97 57,326,211 23 7,145,702
20. Other unadjusted debits 79,962,985 85.895.455 4. Interest matured unpaid ..........58,498,494 60,703,718 3 months 1955 101 187.572,434 19 11,782,795
O46. Dividends matured unpaid .. ......... .... 24,568,658 25,244,252 3 months 1954 83 125,944,853 37 33,905,388
21. Cash ...... .. ..... ........ 823,566,570 716,694,827 47. Unmatured interest accrued ..- .-..- ...... .71,330,547 72,196,814
22. Temporary cash investments................. 846,082,432 782,268,105 i. Unmatured dividends declared 23,819,834 25,472,536
23. Special deposits .. .. ................................... 87,944,166 104,413,117 49. Accrued accounts payable 215,344,444 219,223,157
24. Loans and bills receivable.... ... ...................... 156,976 7,993,799 50. Taxes accrued--. 507,102,912 670,821,023
25. Traffic and car-service balances-Dr.. 68,973,146 64,647,052 51. Other current liabilities 105,371,098 87,368,730
26. Net balance receivable from agents and conductors 148,660,341 142,726,826 --------------------
27. Miscellaneous accounts receivable .... 271,810,635 340,641,996 52. Total current liabilities (items 41 to 51) 1,715,905,992 1,921,943,366 Excludes 2 road whose net income (or deficit) was
28. Materials and supplies .. ................. 699,629,605 858,449,879 absorbed by the controlling company,
29. Interest and dividends receivable .. ................ 16,056,784 18,231,025 53. Analysis of taxes accrued:
30. Accrued accounts receivable 236,016,388 197,824,554 53-01. U. S. Government taxes..........---............. 345,130,579 502,499,143
31. Other current assets 30,324.,028 30.875.981 53-02. Other than U. S. Government taxes .........- 161,972,333 168,321,880
54. Other unadjusted credits -....................... ....... 411,508,552 246,316,349
32. Total current assets (items 21 to 31) .... 3,229,221,071 3,264,767,161 ______________


d Decrease, deficit, or other reverse item.
1/ Represents accruals, including the amount In default.
Excludes the reports of the Atlanta and West Point, Clinchfield, Georgia,


and Western Ry. of Alabama due to strike.


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.


Statement No. M-125
MARCH 1955









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


SELECTED INCOME ITEMS BY REGIONS AND DISTRICTS, CLASS I STEAM RAILWAYS
FOR THE THREE MONTHS R1DD MARCH 1955 AND 1954


ET BIAILWAM OPERATING ER CO DIVXND NET RAILWAY OPflTING FEDERAL IRNCOOM DIVIIMND
INCOME TAXES APPROPRIATIONS INICONE TAXIS APPROPRIATIONS
Region and railway 55 1954 1955 1954Region and railway 1955 1954 1955 1954 1955 1954 1955

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


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


$232,177,807 $145,367,637


$175,789,639 $92,039,465


$83,627,068 $68,196,188 $100,624,124 $96,409,882 Southern Region Continued


eastern District Total ............ 78,177,001 34,574,786 45,640,381 2,068,666 10,230,516 8,790,337 20,863,521 14,953,326

Bastern Distriot Incl. Pocahontas
Region Total .................... 102,181.253 50,394,005 65,934,186 13,904,903 22,736,361 12,467,415 32,179,308 26,298,250

New Zngland Region Total ........... 5,153,327 2,192,241 3,264,415 d 1.032.642 d 20.501 939,813 2,262,441 2,263,224

Bangor and Aroostook ................. 629,602 865,884 220,267 546,108 36.467 460,994 399,088 47,850
Boston and Maine ..................... 920,287 d 389.406 295,630 d 1130. 147,255 79,309 721,276
Canadian Natiohal Lines in New Raglan d 332.819 d 46,761 d 368.794 d 499.960 -
Canadian Pacific Lines in Maine ...... 520,526 497,035 -
Canadian Pacific Lines in Vermont ... d 215.328 d 209.997 -
Central Vermont ...................... 94,758 154,857 d 316.714 d 257.528 -
Maine Central ....................... 674,173 643,773 374,228 322,275 288,209 275,510 20,078 20,078
New York Connecting ................. 267.995 347,109 108,252 186,436 -
New York, Now Haven and Hartford ..... 2,590,219 843,560 2,942,588 100,237 d 492.432 124,000 1,843,275 1,474,020
Rutland .............................. 3,914 d 96.813 8,958 d 99.717 -

Great Lakes Region Total ........... 37.313,654 21,622,871 24,600,229 9,285.371 5,632,586 4,294,489 12,862,134 9,755,181

Ann Arbor ............................ 153,084 97,461 111,359 56,917 9,425 d 39.223 -
Cambria and Indiana .................. 321,115 233,322 325,437 235,110 248,040 158,060 60,000 60,000
Delaware and Hudson ................... 1,922,523 1,356,392 1,453,406 875,078 450,000 -
Delaware, Lackawanna and Vestern ..... 1,408,348 1,493,623 546,575 730,841 d 330.437 d 373,328 1,688,824 1,266,618
Detroit and Mackinac .................. 85,974 64,572 87,066 66,504 80,855 39,922 -
Detroit and Toledo Shore Line ........ 318,338 304,946 299.031 288,924 257.242 246,224 60,000 60,000
rise ................................. 3.,409,789 3,277,212 1,746,446 1,741,962 d 84.504 d 139.022 2,933,253 2,933,253
Grand Trunk Western .................. 1,436,326 804,211 400,218 d 169.548 -
Lehigh and Hudson River ............... 83,610 81,219 86,293 85,202 58,022 51.539 70,455 70,455
Lehigh and New Ingland ............... 137.560 244.345 91,787 197,428 95,951 88,959 -
Lehigh Valley ....................... 1,536,454 901,913 742,543 d 50,290 d 300.000 448,814 448,761
Monongahela .......................... 52,195 36,498 d 71.54 d 84.214 -
Montour .............................. 94,123 149,463 86,560 142,081 24,111 99.949 -
New York Central ..................... 16,424,562 4,071,294 11,813,010 d 473,788 500,400 488,900 3,223,697
Now Tork, Chicago and St. Louis ...... 4,334,202 3,926,961 3,047,814 2,698,192 2,697,000 2,710,500 1,529,481 2,068,484
Nev Tork, Ontario and Western**... d 444800 d 387.536 d 810265 d 75474 -
New Tork, Susquehanna and Western .... 158,688 d 3.828 45,779 d 56.4 45,750 -
Pittsburgh and Lake Zrie ............. 2,809,126 2,312,134 2,417,659 1,958,025 955,152 270,895 1,295,475 1,295,475
Pittsburg & Shawmut .................. 154,629 213,475 53,222 155,080 -
Pittsburgh and West Virginia ......... 251,084 252,474 141,628 137,498 70,800 13,342 152,500 152,500
Wabash ............................... .. 2,666,724 2,192,720 1,986,195 1,504,329 854,779 677,774 1,399,635 1,399,635

Central santern Region Total ....... 35,710,020 10,759,674 17,775,737 d 6.184.063 4,618,431 3.,556,035 5,738,946 2,934,921

Akron, Canton and Toungstown ......... 149.344 83,036 127,073 55,897 91,583 16,911 84,550 86,168
Baltimore and Ohio ................... 9,325,521 7,745,340 4,312,215 2,757,922 48,919 109,855 -
Bessemer and Lake rie .................. 511,939 d 229.118 451,629 d 297.872 149,988 149,988
Central R. R. Co. of New Jersey ...... 720,528 842,320 d 186.547 d 40.029 3,118 3,824 -
Chicago & eastern Illinois ........... 992,031 842,020 443,066 422,485 d 235,300 d 6.000 383,853 870,413
Chicago & Illinois Midland .............. 267,840 d 18300 237,806 d 48.784 250,201 d 601 -
Chicago, Indianapolis and Louisville 456,711 540,633 272,118 340,982 134,000 219,000 429,642 429,642
Detroit, Toledo and Ironton .......... 1,170,400 930,428 1,086,144 823,213 809,308 477,104 -
lgin, Joliet and 3aetern ............ 1,665,275 d 3.940.177 1,652,750 d 988.68 1,561,947 -
Illinois Terminal .................... 167,461 108,206 33,083 d 3178 12,500 d 48.500 -
Long Island .......................... d 273.789 d 1.748,271 d 450100 d 2.37.9- -
Missouri-Illinois ..................... 349,791 158,730 292,934 168,691 118,000 74,900 -
Pennsylvania ......................... 15,767,905 1,478,406 7,112,005 d 5.898.894 318,000 729,000 3,291,939
Pennsylvania-Reading Seashore Lines 94.82 d .273 8 d 1172.479 d 1513.71 187,011 -
Reading ............................. 3.549.313 3,550,358 2,446,109 2.495,276 715,155 1,085,631 1,398,974 1,398,710
Staten Island Rapid Transit .......... d 150.945 d 1 A7.335 d 280.685 d 288.525 -
Western Maryland ..................... 1,986.52.4 1,846,886 1,398,616 1.239,093 791,000 713,700 -

Pocahontas Region Total ............ 24,004,252 15,819,219 20,293,805 11,836,237 12,505,845 3,677,078 11,315,787 11,344,924

Atlantic and Danville ................ 36,465 17,067 17,361 206 666 -
Chesapeake and Ohio ................. 14,672,760 9,881,572 11,540,938 6,481,256 5,80o,000 300,000 6,004,518 6,033,655
Norfolk and Western .................. 6,409,614 3,461,815 6,325,887 3,358,010 4,600,000 1,825,000 4,219,449 4,219,449
Richmond, Fredericksburg and Potomac 611,322 850,871 652,316 889,936 613,500 604,912 310,032 310,032
Virginian ........................... 2,274,091 1,607,894 1,757,303 1,109,098 1,492,345 946,500 781,788 781,788


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


33,951,729
623,364
192.549

3,414,692
1,155,179
57,718
1,598,371


28,567,122

617,727
170,515

3,498,713
569,828
106,637
1,316,341


19,567,205

228,000
188,508

1,525,000
20,000
1,400,000


19,205,756

250,000
186,852

3,650,000

75,000
1,340,000


17,996,232

239.856

1,239,025
852,085


17,167,769

419,818

1,033,169
1,705,420


Clinchfleld Ij ........................
Columbus and Greenville ................
Florida ast Coast ** ...................
Georgia R. R. Lessee Organization 1j
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 I/ ............


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 & Ishpemning ..............
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 aj .......
Chicago, Burlington & Qnincy ...........
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 Ib .....
Toledo, Peoria & Western ...............
Union Pacific Incl. leased Lines .......
Utah ...................................
Western Pacific .......................


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

Beaumont, Sour Lake & Western** ........
International-Great Northern** .........
Kansas City Southern ...................
Kansae, Oklahoma & Gulf ................
Louisiana & Arkansas ..................
Midland Valley .........................
Missouri-Kansas-Texas ..................
Missouri Pacific**. ....................
NHew Orleans, Texas & Mexico **..........
Oklahoma City-Ada-Atoka ................
St. Louis, Brownsville and Mexico **....
St. Louis-San Pranoisco ................
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 ..........................


$809
1,576,716
49,678
d 140.940
2,311,778
6,711,183
7,126,508
59,781
797,688
368,323
169,428
6,373,367
10,610.,967
80,789


$40.377
1,545,238

d 13.018
d 88.659
2,301,026
5,183,281
6,366,161
58,156
1,201,923
475,269
160,534
6,033,130
8,190,479
74,996


+ F


85,970,703


55,804,415


$6,223
386,154

a 208,111
d 223.810
1,595,735
4,785,353
5,928.962
38,665
473,352
382,396
141,105
5,597,805
8,000,931
5,096

75.903.724


$46,639
404,249

a 269,474
d 152.158
1,626,46I
3,322,350
4,852,225
33.584
900,900
500,525
'31,876
241,279
5,652,067
d 3.1657


49.567,440


$7,400
439,000


968,000
3.,505,052
2.329.324
10,921

335,000
124,000
2,002,000
6,485,000


41,323,502


$49.300
470,000

2 0
d 2.500
1,041,000
3,015,000
1,615,395
7,054
551.955
550,000
95,000
2,151,700
4,160,000


36,523,017


i i i i -i i4


8,311.579 d 6,436.7601


d 2,115.278
986,.6
867,190
d 650.195
d 5.467.426
65,225
d- 120.981
307,626
118,4735
d 43o.748
413,oo004
d 848.430
d 792,196
125,269
1,025,765
79,478


44,269,228


d 641.235
1,026,321
2,835.531
d 390.916
d 3.632.309
85.125
94,804
3.863,486
135,724
d 397.399
339.792
9,482
3,150,614
156,346
1,019,979
656,234


53,081,710


2,310,268 d 12.213.914


d 3.420.161
724,430

d 1.246:753
d 5.598.245

d 228 .446
524,584
125.852
d 434.587
402,610
d 839.414
d 1,335.078
86,051
181,061
d 285.843


48,838,491


d 2.004.787
767,815
979.509
d 987538

7,831
d 12.122
3,971,198
172,h01
d 401.590
350,842
d 37.369
2,766,968
118,343
163,655
203,676


57,558,713


2,162,537


612,000




300,000
157,537

245,oo000

360,000
88,000
400,000


29,902.215


862,151


453,000





97,252

261,899

50,000


27,068,363


$24,.375



812,915
2,312,208
2,925,000
60,358
255,984

115,680
2,365,045
6.793.,701


50,448.584


14,303,521


316,978
7,716.468



3.331,673
125,000
74.970
280,000
359.552
1,859,782
239,098


27,966,674


$24.,375




2,816,191
2,340,000
60,358
255,984
163,881
1,879,421
6.469,152


52,943,863


16,441,293


3,015,880
228,818
7,716,468



3,041,127
125,000
74,970
180,000

1,859.782
199,248


27,872,347


_____ -4- 4 4- 4 4 _______


16,703,083
5,578,061
4,649,819
450,331
124,894
3,560,723
302,317
263,368
d 15,377
11,853,271
14,054,562
172,.396
8,074,937
72,247
1,291,640


24,577,414


13,648,941
8,091,314
4,150,897
253,612
91,264
3,149,711
686,062
d 18s,145

8,108,889
9,841,395
237,988
5,112,456
d 82.O22
1,003,321


17,971,947


15,958,209
4,312,153
4,093,785
442,811
116,501
2,698,440
69,595
271,274
d 216.165
12.555.461
14,301,430
163,655
16,341,190
71.334
680,470

16,034.743


12,495,551
6,824,682
3,607,978
253,379
81,200
2,333,810
446,425
d 182,196
d 186,864
8,371,785
9,658.794
228,305
13.855.539
d 84,26
793,173

12,942,863


12,229,617
1,835,200
1,394,000
301,173
102,500
2,196,900

282,175

3,098,220
4,657,454
174,430
8,100,000

188,000


9,258,750


- _" '_, F -1 -. -


d 34.989
793,682
1,964,657
172,928
1,494,524
25.995
1,584,210
6,371,110
620,713
32.526
1,084,196
3,250,858
141,359
2,276,613
d 200.069
2,201,291
238,103
2,498,386
61,321


478,786
687,041
1,818,587
233,374
1,320,403
30,339
1.423,914
4,498,478
364.793
108,143
701,165
2,209,838
127.392
216,579
d 169.075
1,732.506
99,283
2,052,359
38,042


11,263
148,112
1,585,157
142,848
1,342,897
50,046
779,430
2.693,923
d 30,189
34,881
905,212
2,179,657
135,330
2,140,734
d 255.432
1,715,968
238,103
2,178,950
37,853


523,121
34,603
1,365,907
205,887
1,185,854
71,717
607.567
1,183,841
d 284.988
110,325
512,890
1,023.845
122,643
3.583,244
d 218.582
1,257,009
99,253
1,549,489
9.238


1,544,000
116,876
982,000
40,947
110,000


28,539

1,209.500
136,349
2,047.,305

1,559,234
1,440,00
44,000


9,518,000
5,074.300
1,516,000
36,551
23,800
1,554,700
193,084


873.366
2.383,965
244,480
7,800,000

234,082


8,592,503


107,000

1,348,000
167,753
700,000
58,677
39,000

90,266
85,000
28,000
67,000
3,410,108

1,510,599

969,000
12,100


6,067,650
2,562,581
2,569,536

330,000
1,199,855


6,785,341
6,785,341
54,000
7,5468,137

849,574

8,178,389


974,399


833,756



3,736,269
1,853,240



780.725


______________________ I _______I ___ I____L _I_____ I I______ ___I___ __I____L I________I_______I_______II4_____I_ _____I_ ____I__1 ___I__


6,067,650
2,562,581
2,569,579

110,000
1,778.385


6,785,341
6,785,341
54,000
7,548,137

396,674

8,630,223


974,399


833,756



4,188,103

1,853,240


780,725


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


/ Report not filed due to strike.
a Includes Atchison, Topeka A& Santa Fe By., Gulf, Colorado & Santa Te Ry., and Panhandle & Santa Fe By.
b Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE:1955 0 310320 (11)


Page 2


44,025,851

680,573
214,065

3,288,266
1.594,380
149,629
2,002,863


39,169,217
678,974
169,014

3,919,429
965,724
202,132
1,705,051


i i Z77, I -.-


i


. 1


;-


i i


I


I


I


I


-t--


-t-







Subject to revision


UNIVERSITY OF FLORIDA

311111 Ill I iii 1 1 1111112 10 111 111 1III llIlll
3 1262 08851 3923


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
APRIL 1955


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


Compiled from 122 reports (Form IBS) representing 125 steam railways#
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


A1 >


A A
*g1 ~


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
1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 19.54

1. Net railway operating income ...................... 487 376 95E $59 613 926 $319 554 76 5 204 981564 $31181919 $15 536 524$109 358 920 $50111 311 $10320923 $5 864548 434 325175 21683 767
2. Other income ...................................... 18 140 896 18 599442 75 771 077 79 812 738 7160 594 7 292 748 27 460 230 28486 396 301 4 03 400 179 1064 850 1721733
3. Total income .................................. 105 517 854 78 213368 395 325 842 264 794 302 38 342 513 22 829 272 136 819 150 78 597707 10622 326 6 264 727 35 390 025 23 405 500
4. Miscellaneous deductions from income................ 3 912 708 3702207 15563163 14998938 1402 491 1022569 5480486 4947764 131507 351256 479745 1 379 342
5. Income available for fixed charges ........... 101605 146 74 511 161 379 762679 269795364 36 940022 21 806 703 131 338664 73649943 10490819 5 913471 34910280 22026158
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 4 838 203 4 838197 19171788 19452599 4034137 4046942 15988760 16334043 7 119 7 220 33 996 30 681
6-02. Interest deductions 1 .................... 25 958 605 26 527345 104094843 106248839 10571129 11007666 42543716 44150861 1341129 1 391 343 5401829 5 583277
6-03. Amortization of discount on funded debt ... 245 282 234 772 962 962 925 376 75 168 76 288 296 972 299 669 12 6 48 13 844 50 727 55 081
6-0 Total fixed charges .................. 31042 090 31 600314 124229593 126626 814 14680434 15 130 896 58829448 60784573 1360896 1412 407 5486552 5669039
7. Income after fixed charges ................... 70563 056 42 910 847 255 533086 143168550 22259 588 6 675807 72509216 12865370 9129923 4501064 29423728 16357119
8. Other Deductions .................................. 3 554427 2909836 12734819 11128074 1857353 1409589 6466599 5530486 6606 26424
9. Net income.................................... 67008 62 9 40001011 242798267 132040476 20402235 5266218 66042617 7334884 9129923 4494458 29423728 16330695
10. Depreciation (Way and structures and Equipment) ... 44134201 43526937 175907766 173234234 1613.3263 16166916 64270621 64581008 3227375 3201910 12919729 12787666
11. Federal income taxes .............................. 32240831 21616137 115867899 89812325 5200467 1688738 15430983 10479075 6472550 1894317 18978395 5571395
12 Dividend appropriations:
12-01. On common stock ........................... 20 890 4 55 12 529 801 97 483085 74 657735 8212 831 917 279 22696987 8 008454 5939 230 5 892 861 17 159 361 17 096 076
12-02. On preferred stock ......................... 1281467 2179917 25312961 36461865 958408 299828 7337773 8161979 323059 350505 418715 492214
Ratio of income to fixed charges (Item 5-6-04) 3.27 2.36 3.06 2.13 2.52 1.44 2.23 1.21 7.71 4.19 6.36 3.89
EASTERN DI|EI-ITII
CLUDPOREGIONSOUTHERN 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
1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954

1.Netrailwayoperating income ....................... $41502842 4214010728143684095 $71795078 $13274982 12 605193 $57300833 $51774410 $32599134 425607661$118569837 $81412076
2. Other Income .......................................7.....7461997 7692927 28525080 30208129 1983538 1756543 6902964 6315545 8695361 9149972 40343033 43289064
3. Total income ................................. .. 48 964 839 29 093 999 172 209 175 102 003 207 15 258 520 14361 7 36 64203797 58 089955 418294495 34 757 633 158912 87 0 124 701 140
4. Miscellaneous deductions from income ................ 1533 998 1 373 825 5 960 231 6 327106 129335 41520 410 267 98182 2249375 2286862 9192665 827365
5. Income available for fixed charges ............ 47430841 27720174 166248944 95676101 15 129 185 14 320216 63 793530 576918773 390451205 32 470 77 149 720 205 116 427 490
6. Fixed charges:
6-O01.Rentforleasedroadsandequipment ....... 4041256 4054162 16022756 16364724 634487 617003 2459924 2423791 162460 167032 689108 664084
6-02. Interest deductions/'..................... 11912258 12399009 47945545 49734138 4016181 4051 720 16025089 1620688791 1 460 10076616 40124209 406640781
6-03. Amortization of discount on funded debt ... 87 816 90 132 347 699 354 750 32 4 98 19 040 125 861 776984 12490301668 125600 489402 4920642
6-04 Total fixed charges .................. 16041 330 16 543303 64 316 000 66453612 4 83166 4 687 763 18610874 18708660 10317594 1025 6924008 418902719 4192 46454
7. Income after fixed charges................... 31389511 11176871 101932944 29222489 10446019 9632453 45182656 8983113 2872752946 2210136952 10841302719486 7496294
8. Other Deductions .................................. 1857 353 1416195 6466599 5 556910 261 374 26497 1 046282 104853 11 147275700 1228 10668 5221938 452265948
9. Net income ................................... 29532158 9760676 95466345 23665579 10184645 93674980 44136374 37934602 27291826 20872855 103195548 70440295
10. Depreciation (Way and structures and Equipment) .. 19 360638 19 368 826 77190350 77368674 6063349 604072 24088518 24011601 18710214 18117388 74628898 7185395
11. Federal Income taxes ............................... 11673017 3 583055 34409 378 16050470 6 293177 50195600 25 860 582 24 401 356 142746 37 12837 4 8 2 55 59813 9 49360499
12. Dividend appropriations: 1
12-01. On common stock .......................... 14152061 6810140 39856348 25104530 6 363424 5 248 017 20839029 17277405 374970 471 644 36787708 32275800
12-02. On preferred stock..........................1281467 650333 7756488 8654193 3520627 5138381 1529584 14035846 22669291
Ratio of income to fixed charges (Item 5+6-04) 2.96 1.68 2.58 1.44 3.23 3.05 3.43 3.08 3.78 3.13 3.62 2.81


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
1955 1954 1955 1954
Report showing Reports showing
17. Expenditures grosslyl for additions and betterments- 40. Funded debt maturing within 6 months 2 __...... .. $168,320,431 $170854,641 Period Net Income Not Deficit
Road 675,337,398 $100,486,978 ..$1, 41 78 61sDi
18. Expenditures (gross) for additions and betterments- 1. Loans and bills payableS/ 13,641,151 27,143,333 Number Amount Number Amount
Equipment 159,901,438 235,217,092 42. Traffic and car-service balances-Cr. 100,191,785 90,758,759
19. Investments in stocks, bonds, etc., other than those 43. Audited accounts and wages payable 450,925,721 464,076,822 April 1955 103 $70,316,130 17 $3,307,501
of affiliated companies (Total. Account 707) 405,779,256 409,869,415 4. Miscellaneous accounts payable 168,606,737 175,946896 April 195 95 46,566,947 25 6,565,936
20. Other unadjusted debits 84,210,037 90,868,345 45. Interest matured unpaid 40,914,082 40,051,881 4 months 1955 100 255,735,342 20 12,937,075
811 6 46. Dividends matured unpaid .. .... 5,295,417 4,137,953 4 months 1954 84 168,691,343 36 36,650,867
21. Cash 811,429,305 727,265,276 7. Unmatured interest accrued ........ ..69,218,128 69,439,830
22. Temporary cash investments 908,638,928 770,850,154 4g. Unmatured dividends declared 35.188,595 29,595,533
23. Special deposits 80,513,223 87,812,044 49. Accrued accounts payable 219,198,975 219,725,951
24. Loans and bills receivable .... 139,815 7,950,456 50 Taxes accrued 533,71895 681,oo,935
25. Traffic and car-service balances-ODr. 59,968,542 58,418,201 51. Other current liabilities 104,192,780 89,214,202
26. Net balance receivable from agents and conductors 157,959,471 138,123,659
27. Miscellaneous accounts receivable 276,095,713 335,649541 52. Total current liabilities (items 41 to 51) 1,741,092,336 1,891,092,095 Excludes 2 road whose not income (or deficit was
28. Materials and supplies 692,239,809 846,662,926 absorbed by the controlling company.
29. Interest and dividends receivable ...... 16,461,953 17,400,693 53. Analysis of taxes accrued:
30. Accrued accounts receivable 238,257,382 201,460,139 53-01. U. S. Government taxes ..................- 378,518,070 524,513,641
31. Other current assets 30,553,632 31,213,066 53-02. Other than U. S. Government taxes .. 155,200,895 156,487,294
32. Total current assets (items 21 to 31) 3,272,257,773 3,222,806,155 54. Other unadjusted credits...................... 409,865,061 248,779,607


d Decrease, deficit, or other reverse item.
T/ Represents accruals, including the amount in default.
# Excludes the reports of the Atlanta and West Point, Clinchfield, Georgia,


and Western Ry. of Alabama due to strike.


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.
y/ 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

FCE THX iWR MONTHS WUDD WITH APRIL 1955 AID 1954


T RAILVAY OPERATING IBT INCOOU FEDERAL INCOMN DIVIDED NET RAILWAY OPERATING I FEDzEAL INCOME DIVIDED
Rg INCOME TAXS APPROPRIATIONS INCOME UT INCOME TAXES APPROPRIATIONS
1*B9ion and rail5my1 Region and railway
\ :1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 195; 1955 1954


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

Eastern Distriot Total .............

Eastern District ncl. Pocahontap
Region Total ....................


$319.554,765 $204,981,564 $242,798,267 $132,040,476 $115.867.899 $89.812.325 1 $122,796,046 $111,119,600


r r t I 4


66,042,617


_______________ i L _______________


95.466.345


23.665.579


15,430.983


34.409.378


10,479,075

16,050,470


30,034,760

47,612,836


16.170,433

33,758.723


New ngland Region Total ............ 7,493,827 2,038,263 4.592,663 d 2.361.940 215,790 1,177,601 2,944.793 2,283,301

Bangor and Aroostock .................. 930,411 1.180,.027 384,849 736,110 144,279 614.124 446,938 47,850
Boston and Maine ..................... 1,234,.953 d 346.450 282,463 d 1.594.432 163,663 105,676 721,276
Canadian National Lines in lev England d 423.593 d 559.102 d 471.790 d 607,090 -
Canadian Pacific Lines in Maine ...... 559.831 572,590 -I
Canadian Pacific Lines in Vermont .... d 255.311 d 217,724 -
Central Vermont ....................... 276,250 180.529 d 273.519 d 368.115 -
Maine Central ......................... 876,738 839,408 474.221 416,413 375,280 313,801 40,155 40.155
New York Connecting ................... 432,463 419,733 219,021 205,421 -
low York, Nov Haven and Hartford ..... 3,839,277 60,431 3,949.254 d 1.052.369 d 467.432 144,000 2,457.700 1,474,020
nutland ............................ 22.808 d 91.179, 28,164 d 97.678 -

Great Lakes Reaton Total ........... 50,911,168 28,830,920 34,483,125 13,126,358 7.708.824 5,137,640 16,556,208 10,672,460
Ann Arbor ............................ 247,127 165,241 190,711 109,188 56,179 d 17.512 -
Cambria and Indiana ................... 430,459 286,171 436,687 288,215 334,041 185,080 60,000 60,000
Delaware and Hudson ................... 2,674,295 1.855,638 2,039,504 1,212,648 400,000 -
Delaware, Lackawanna and Western ..... 1.987.514 2,018,001 751,615 924,645 d 347.644 d 472.021 1,688,824 1,266,618
Detroit and Mackinac ................. 102,690 82.183 106,112 86,142 87,998 62,582 -
Detroit and Toledo Shore Line ........ 409,078 383,786 382,894 362,504 325,884 303,728 80,000 80,000
Brie ................................. 4,681,915 4,433,826 2,174.958 2,331,072 d 172.670 d 370.768 2,933,253 2,933,253
Grand Trunk Western ................... 2.451.215 1.194,686 1,070.576 d 112.365 -
Lehigh and Hadson River ............... 117,632 109.163 122,033 113,863 84,497 68,986 70,455 70.455
lehigh and New England ............... 228,812 362,477 168,178 298,941 181,365 166,956 -
Lehigh Valley ........................ 2,158,065 1,274,034 1,109,757 21,746 d 400.000 899,191 448,.761
Monongahela .......................... 96,791 89,925 d 66.814 d 69.221 -
Montour ............................... 122,255 195.744 112,235 187.053 30.667 135.627 -
law York Central ..................... 21,550,005 5.435.546 16,336,656 29.894 662.600 644,900 6,447,394 -
New York, Chicago and St. Louis ...... 5,912,600 5,152,646 4,.169,792 3,562.980 3,683.000 3,437,500 1,529,481 2,068,484
New York, Ontario and Weaterna- ...... d 605.453 d 524.287 d 1.095.284 d 1.010.314 -
New York, Susquehanna and Western .... 199,428 42,722 50,074 d 46,483 49,100 -
Pittsburgh and Lake Iris ............. 3,847.713 2,909.924 3.313,364 2.559,113 1,392,819 308,661 1,295.475 1,295,475
Pittsburg & Shamut ................... 237.339 273,486 103,262 195,949 d 15.350 -
Pittsburgh and Vest Virginia ......... 364,880 336,144 220,612 184,717 107,175 d 2.324 152,500 152,500
Wabeah ............................... 3,696.808 2,753.864 2,786.203 1.896,071 1,249,163 686,245 1.399.635 2,296,914

Central Eastern Region Total ....... 50,953,925 19,242,128 26,966.829 d 3.429.534 7.506,369 4,163,834 10,533.759 3,214,672
Akron, Canton and Youngstown ......... 207,175 114,.759 173,426 76,758 149.971 29.673 84,.550 86,168
Baltimore and Ohio ................... 13,136.562 10.493,005 6.308,211 3.868.764 967.919 148,855 -
Bessemer and Lake Erie ............... 1,070,584 d 281.325 988,825 d 371.121 254,764 149.988 149,988
Central R. R. Co. of New Jersey ...... 1,130,830 976,516 d 113.217 d 252.763 4,282 5,113 -
Chicago &A astern Illinois ........... 1,249,000 1,097,891 516,910 531,030 d 398.300 d 48,000 380.262 870,413
Chicago & Illinois Midland ............ 325,508 13,005 286.149 d 27.316 302,601 d 6.401 -
Chicago, Indianapolis and Louisville 659.746 678.567 408.507 410,001 229,000 250,000 429,642 429,642
Detroit. Toledo and Ironton ........... 1,561.363 1.159.509 1.446.509 1,014,864 953.907 526.384 1,226.665 -
nlgn., Joliet and eastern ............ 2,267,888 d 4.538.405 2,253.780 d 4.600.751 2,112,296 -
Illinois Terminal ..................... 239.941 160,941 59.790 d 30.039 30,700 d 4.300 -
Long Island .......................... d 49.194 d 2.197.628 d 290.264 d 3.024.844 -
Missourl-Illinois ..................... 480,369 238,056 426,563 250,199 200,500 152,200 -
Pennsylvania ......................... 22,653,764 6,121,426 11.182,564 d 3.714.974 424,000 972,000 6,583.877 -
Pennsylvania-Reading Seashore Lines .. d 1.264.970 d 1.598.377 d 1.567.170 d 1.918.677 249,347 -
Reading .............................. 4.739,301 4,556.061 3.293.505 3.106,412 1,110.729 1,033,863 1.678,775 1,678.461
Statan Island Rapid Transit .......... d 203.503 d 211.555 d 376.335 d 386.517 -
Western Maryland ...................... 2.749.561 2,459,682 1.969.076 1.639,440 1,164,000 885.100 -

Pocahonta e region Total ............ 34,325,175 21.683.767 29,423,728 16.330.695 18,978.395 5,571.395 17,578,076 17.588,290

Atlantic and Danville ................ 46,444 18,970 20,716 d 6.783 888 -
Chesapeake and Ohio .................. 20.648,872 13,459,909 16.508.201 8,887,354 8,850,000 750,000 12.039,405 12,057,119
Norfolk and Western .................. 9.544.681 4,887,277 9,431,994 4,741,135 7,050,000 2,700,000 4,446,851 4.439.351
Richmond. Frederickeburg and Potomac 911,243 1,130,244 966,913 1,181,978 934,500 812,912 310,032 310,032
Virginian ............................ 3,173.935 2.187,367 2.495.904 1.527,011 2,143,895 1.307.595 781,788 781,788


Southern Regaon Total ..............

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


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


44,136,374

1.039,810
253.808

4,851,663
1,448,606
d 71.31
2.444.276


37,934,602

799,000
230,359
4,849.376
796.944
148.102
1.795.069


25,860.382

563,000
250,960

1,725,000
10,000
2,270.000


24,401,356

305,000
253.732
4.500,000

85,000
1.855,000


24.359.656

239,856
2,474,166
852,085


22,415,786

419,818

2,062,453
1.705,420


Southern Ra ion Continued

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


$8,382
2,011,341

37.793
d 143.251
3,172,510
9.497.503
7,516,634
75.949
409,836
497,279
224,389
8.366,287
14,765,929
147,017


$49,052
1,996,498
d 9.677
71,096
2,940,096
6,864,222
8.149,466
72,786
1,591.931
649.457
199.394
7,.994,163
11,153,171
84,850


$15.530
426,591
d 306.137
d 251.156
2,248,834
7,.003.027
5,620,449
48.450
d 1,680
515,414
184,858
7,336.915
11,282,610
45,823


$56.407
467,259
d 350.669
d 14.558
2,043,638
4,371.349
5.984,383
40,862
1,222.992
677,545
163,248
6,955.596
7,719.525
d 21.825


$20,000
512,000


1,421,000
6,609,000
650.332
15.090
d 209.000
460,000
166,000
2.550,000
8,847,000


$63,900
550.000

d 2.500
1,243,000
3,943,000
1,444,760
7,994
759.770
725,000
95,000
2,812,700
5,760,000


$24,375



812,915
2,312,208
5,850,000
60,358
511,967
115,680
2.365.045
8,741,001


$24.375




2,816.191
4,680.000
60,358
511,967

163.881
1,879.421
8,091,902


Western District Total ............... 118.569,837 81,412,076 103,195,548 70,440,295 55.598,139 49.360.499 50,823,554 54,945,091

Northwestern Region Total ............ .. 13,253,110 d 4.285.973 4,067,684 d 13.135.951 2,731,184 1,242,090 14,378,491 16.516,263

Chicago and Worth Western .............. d 899.197 d 3.209.567 d 2.706.887 d 4.950.918 3,015,880
Chicago Great Western .................. 1,394,615 1,348,772 1,049,943 1,000,893 810,000 641,000 316,978 228,818
Chicago, Milwaukee. St. Paul and Pacific 3.740,274 1,545,040 1,277,927 d 806042 7,.716.468 7,716.468
Chicago, Saint Paul, Minneapolis &Omaha d 639.245 d 751.366 d 1.435.216 d 1.549.272 -
Duluth, Missabe and Iron Range ......... d 2,649,466 d 5.704.674 d 2.803.247 d 5.881,193 -
Duluth, South Shore and Atlantic ....... 193,783 171,398 97,606 71,883 -
Duluth, Winnipeg and Pacific ........... 65,403 d 191.033 d 78192 d 334.441 -
Great Northern .......................... 4,659.074 895,224 4,286,159 645,605 300,000 3.331,673 3,041,127
Green Bay & Western ..................... 167.655 128,792 201,884 125,600 192,184 109,191 125.000 125,000
Lake Superior & Ishpeaingg .............. d 367.340 d 485.215 d 373,491 d 491,212 149,940 149,940
Minneapolis & St. Louis ................. 433,269 499,049 435,293 470,023 291,000 276,899 280,000 180,000
Minneapolis, St. Paul & S. S. MarX e .... 189.245 d 805.892 5,880 d 791.046 359,552 -
Northern Pacific ....................... 4,476,720 276,318 3.468,211 d 922.413 615,000 1,859.782 1.859,782
Spokane International ..................... 219,547 188,321 168,691 135,679 123,000 65,000 239,098 199.248
Spokane, Portland and Seattle .......... 1,378,047 1.414,960 239,682 290,183 400.000 150,000 -
Wisconsin Central ........................ 890,726 393.900 233,441 d 149.280 -

Central Western region Total ......... 71.978.244 61,167,077 77,413,338 66.671,792 39.877,915 37,102,625 27.966,674 29,798.605

Atchison, Topeka and Santa Pes / ....... 22,799,319 19.428.667 21.533,675 17.640,443 16,402,617 13,671.000 6.067.650 6,067,650
Chicago, Burlington & Quincy ........... .7,309,224 10.452,861 5,597,229 8,715,474 2,300,700 6,364,800 2.562,581 2.562.581
Chicago, aock Island and Pacific ....... 6,109,078 5,307,373 5,349.450 4.575.467 1,930,000 1,864,000 2.569.536 2.569.579
Colorado and Southern .................. 614,140 399,429 605,335 398,807 420,204 113,662 -
Colorado & Wyoming ...................... 172,039 111,282 160,918 97,928 142,100 22,100 330,000 110,000
Denver and Rio Grande Vestern ........... 4,559,806 4,166.879 3.495.777 3,061,968 2,721.300 1,761,200 1,199,855 1,766,914
?ort Worth and Denver ................... 471,503 876,733 148,314 548,130 d 120,197 201,803 -
Northwestern Pacific .................... 414,688 d 124.360 426,566 d 117.220 420,441 -
Saoramento Northora** ................... 21,903 d 26.216 d 244.653 d 279.931 -
Southern Pacific Co., Incl. Leased Lines 16,026,544 11,162,970 16,410,513 11,193,958 4,377,285 1,400,028 6,785,341 6,785,341
Southern Pacific Transp. System / ..... 19,032,018 13.337.524 18,840,689 12,792,855 6,622,004 3,256,756 6,785.341 6,785.341
Toledo, Peoria & Western ................ 248,546 299.661 240.961 289.633 240,965 309,950 54,000 54,000
Union Pacific Incl. Leased Lines ....... 11,110,806 7,730,567 22,454.570 19,445,658 10.500,000 11,100,000 7,548,137 7,548.137
Utah .................................... 63,494 d 98.019 62,729 d 101,409 -
Western Pacific ........................ 2,057.154 1,479.250 1,171.954 1,202,.886 542,500 294.082 849.574 2,334,403


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

Beaumont, Sour LIke & Western* ........
International-Great Northern** .........
lansas City Southern ...................
Kansas, Oklahoma & OGulf ................
Louisiana & Arkansas ...................
Midland Valley .........................
Missouri-Kansas-Texas ..................
Missouri-Pacific** .....................
evw Orleans, Texa & Mexieo** .........
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 lew Orleans ..................
Texas and Northern .....................
Texaa and Pacific ......................
Texae Mexican ..........................


33,338,483


53,682
1,019,291
2,644,564
223,075
1.984,545
65,806
2,165,402
8,689,927
797.495
42.297
1,382,345
4,613,782
171.740
3.133,210
d 277.641
3,005,47
332,068
3.182,664
108.757


485,025
893,802
2.477,250
271.944
1.849,418
43,264
1,974,092
5.953.632
544.517
131,561
979.934
2.975.354
92,924
941,136
d 208,252
2,174,554
129,482
2,745,672
75,663


21,714.526


126.068
163.205
2,116,185
182,422
1,805,825
82,028
1,096.986
3.614,412
d 62.643
44,898
1,142,445
3,112,771
163,103
2.970,731
d 348.063
2,390,177
331,768
2,706.922
75,286


J A _______ L I A _________________________ ________ L _______ I


16,904.454


543,184
37.825
1.870.564
234,185
1,687,665
76,348
916,655
1,314,210
d 324.699
138,481
726.582
1,429,270
86,603
4,644,916
d 272.687
1,558,897
129,137
2,070.184
37,134


12,989,040


2,042,000
149,254
1,279.000
67,114
195,000


36,735
1,888.500
167,349
3,035.369
2,244,719

1,800,000
84o.000


11,015,784


117,000

1,813,000
190.673
1,068,000
62,467
193,000

d 17.000
113.303
74,000
57,000
85,000
4.023,093

1,856,728

1,333,000
46,520


8,478,389


974,399


833.756



3.736.269

1,853.240

300,000
780.725


8,630.223


974,399


833.756



4.188.103

1.853,240


780.725


I I I I I


j/ Report not filed due to strike.
/ Includes Atchison, Topeka & Santa Fe By., Gulf, Colorado & Santa Fe By., and Panhandle & Santa Fe By.
k/ Data not Included in totals. Includes Southern Pacific Company, Tneas and lew Orleans R. R. Co., and leased lines.


U. S. GOVERNMENT PRINTING OFFICE: 1955 0 360320 (1)


109,358,920


50,111,311


143.684.095


71.795,078


Page 2


57,300,833
1,116,005
274,961

4,212,370
2,043,263
50.200
3,016,436


51,774,410

880,118
229,043

4,932.667
1.335,053
275,107
2,315,917


4--


-r


-r-


-f-








r d Subject to region
Subject to revision" 00


UNIVERSITY OF FLORIDA


S11 IIIIII111111111111111111111111111111 INTERSTATE COMMERCE COMMISSION
3 1262 08851 3774 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


Compiled from 122 reports (Form IBS) representing 125 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


T r T


UNITED STATES


EASTERN DISTRICT


POCAHONTAS REGION


For the month of May For the five months of For the month of May For the five months of For the month For the five months of


1955 1954


1955 1954


1955


______________________________________ 4 I I I I 4 4 4- 4 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 equipment .......
6-02. Interest deductions / ....................
6-03. Airortization of discount on funded debt ...
6-04. Total fixed charges ..................
7. Income after fixed chsrees ...................
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 referred stock .....................
Ratio of income to fixed charges (Item 5-6-04) .


$101 242 547
24 400 564
125 643 111

3 951 403
121 691 708

5 113 551
26 4262 57
241 810
31 781 6 18
89 910 090
3 235 462
86 674 6 28
44152 033
37 910 184

34 772 732
5 745 9 22

3.83


$58 296 627
19 756 084
78 052 711
3 472 874
74 579 837
4 848 581
26 526 543
240 215
31 615 339
42 964 498
3 012 663
39 951 835

43668986
16082079

29 413 788
9 360 821

2.36


$420 797 312
100 171 641
520968953

19 514 567
501 454 386
24 285 338
130 521 100
1 204 772
156 01l 21
345 445 176
15 970 281
329 472 895
220059 798
153778083

132 255 818
31058883

3.21


Z263 278 191
99 568 821
362 847 012

18 471 811
344 375 201
24 301 178
132 775 384
1 165 591
158 242 153
186 133 048
14140 737
171 992 311
216 903 221
105 894 404

104071523
45822686

2.18


$36 459 394
7 892 2 34
44 351 6 28

1 494 199
42 657 4 29

4 232 212
10 781 314
70 54 7
15 084 073
27 773 356
1 670 745
26 102 6 11

16 140 415
6 602 081

3 952 933
478 507

2.84


$14 535 341
6 488 907
21 024 248
1 150 721
19 873 527

4100 649
10 978 622
79 031
15 158 302
4715225
1 371 604
3 343 621

16178 682
1 7 96 54 3

2 620805
1 065 570

1.31


$145 818 314
35 352464
181 170778

6 974 685
174 196 093
20220 972
53 325 030
367 519
73 913 521
100 282572
8 137 344
92 145 228

80 411 03 5
22 033 06 4

26649 920
7 816 280
2.36


$64 646 652
34 975 302
99 621 9 54
6 098 485
93 523 469

20434690
55129 485
378 700
75 942 875
17580594
6 902 090
10 678 504
80759691
12275 618

10 629 259
9227549
1.23


$10 529 141
262705
10791846

147 709
10 644 137
7231
1 337 332
12 6 49
1 357 2 12
9286925

9 286 925.
3229 609
7 767 100

5 001 207

7.84


$7 18872 8
336 566
7525 294

341 134
7 184 160
7311
1 390 557
13 933
1 411 801
5 772 359
6606
5 765 753
3216035
3 444 351

5 001132

5.09


$44 854 316
1 327 555
46181871
627 454
45 554 417
41 227
6739161
63 376
6 843 76 4
38 710 653

38 710 653
16 149 338
26 745 495

22 160 568
418 715
6.66


$28 872 495
2058299
30930794
1720 476
29 210 318

37992
6973834
69 014
7 080 840
22129 478
33 030
22 096 448

16003701
9015746

22 097208
492 2 14
4.13


INCLUDING 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 Mae For the five months of

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


1. Net railway operating Income ...................... $46988535 $21724069 190672630 $93 519147 $15895527 $11691044 $73196360 $63465454 $38358485 $24 881514$156928322P106293559(
2. Other income ...................................... 8154939 6825473 36680019 37033601 12989051 1225398 8201869 7540943 14946720 11705213 55289753 5499427
3. Total income .................................. 55 143 474 28549 542 227 352 649 130 552 748 171944 32 12 916 442 81 398 229 71006 397 5 3305 205 36 586 727 212 218 075 161287 86
4. Miscellaneous deductions from Income ............... 1641908 1491 855 7602139 7818961 89698 89377 499965 487559 2219797 1891 642 11412463 10165291
5. Income available for fixed charges ............ 53501566 27057687 219750510 122733787 17104734 12827065 80898264 70518838 51085408 34695085 200805612 151122576
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 4239 443 4 107 960 20262199 20472 682 711 915 574 377 3 171839 2998 168 162193 166 244 851 300 830 32t
6-02. Interest deductions / ...................... 12 118 646 12 369 179 60064191 62 103 319 4108439 4 054 951 20133 528 20261 836 10199 172 10 102 413 50 3233 81 50410229
6-03. Amortization of discount on funded debt ... 83196 92 964 430895 447714 31103 20485 156964 98469 127 511 126 766 616 913 619 408
6-04 Total fixed charges................... 16441285 16570103 80757285 83023715 4851457 4649813 23462331 23358473 10488876 10395423 51791594 51859965
7. Income after fixed charges ..................... 37060281 10487 584 138993225 39710 072 12 253277 8 177252 57 435933 47 160 365 40 596 532 24 299 662 149 014018 992062611
8. Other Deductions ................................... 1 670 745 1 378 210 8 137 344 6 935 120 261 345 264 360 1 307627 1312 871 1 303 372 1 370093 6 525 310 5 892 746
9. Net income ................................. 35 389 536 9 109 74 130855 881 32 774 952 11 991 932 7 912 892 56 128 306 45 847494 39 293 160 22929569 142 488 708 93 369 865
10. Depreciation (Way and structures and Equipment) ... 19 370024 19 394717 96560373 96763392 6064454 5 988307 30152972 2999999908 18717 555 18 285 962 93 346A453 90139 921
11. Federal income taxes .............................. 14 369181 5 240 894 48 778 559 21291364 6 585 924 3 309 893 32 446 306 27711249 16 S55 079 7 531 292 72 553 218 56 891791
12. Dividend appropriations:
12-01. On common stock ........................... 8 954 140 7 621 937 48 810 488 32726467 5 306 907 4 740 373 26145936 22 017778 20 511 685 17 051478 57299394 49 327278
12-02. On preferred stock ........................ 478 507 1 065 570 8234995 9719763 624 727 624 727 4 145 354 5763108 4642 688 7 670 524 18678534 30 339 81t
Ratio of Income to fixed charges (Item 5+6-04) 3.25 1.63 2.72 1.48 3.53 2.76 3.45 3.02 4.87 3.34 3.88 2.91



UNITED STATES UNITED STATES
Selected Expenditure and Asseet Ites Balance at the nd of May Selected Liability Items Balance at the nd of May ANALYI OF NET INCOME--ALL CLASS I RAILWAYS
Balance at the end of May Balance at the end of May
1955 1954 1955 1954
Reported showing Reports showing

17. Expenditures (gross) for additions and betterments- 1 00 40. Funded debt maturing within 6 months 2/ $165,024,843 $165,190,029 Period Net Income Net Deficit
Road $101,600,053 $126,443,409
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable /1 3,107,442 27,610,000 Number Amount Number Amount
Equipment 208,212,712 283,614,136 42. Traffic and car-service balances-Cr.. 102,142,038 93,773,476
19. Investments in stocks, bonds, etc.. other than those 4-. Audited accounts and wages payable 464,331,893 468,265,582 May 1955 103 $88,402,055 16 $1,727,427
of affiliated companies (Total, Account 707) 406,421,225 395,843,643 44 Miscellaneous accounts payable 176,411,214 179,998,282 May 1954 90 51,722,459 30 11,770,624
20. Other unadjusted debits 85,561,640 89,084,152 45. Interest matured unpaid 28,467,404 27,638,277 5 months 1955 104 340,376,279 16 10,903,384
46. Dividends matured unpaid 10,157,961 10,496,648 5 mother 1954 89 211,148,637 31 39,156,326
21. Cash 859,662,275 792,331,996 47. Unmatured interest accrued. 78,530,332 78,067,201
22. Temporary cash investments 953,644,857 809,692,611 4. Unmatured dividends declared 65,859,516 59,433,099
23. Special deposits 75,825,428 82,671,172 49. Accrued accounts payable 233,140,081 227,953,239
24. Loans and bills receivable 120,383 7,927,732 50. Taxes accrued 586,171,721 703,089,454
25. Traffic and car-service balances-Dr. 66,418,501 57,205,627 51. Other current liabilities 107,678,402 86,867,24:
2.- Net balance receivable from agents and conductors 177,334,750 159,330,582
27 Miscellaneous accounts receivable 274,171,925 326,844 903 562 Total current liabilities (items 41 to 51) 1,855,998,oo04 1,963,192,498 zzol u sa s whose io rdi. it ofws
28. Materials and supplies 680,229,276 824,903,321
29. Interest and -''i.denas receivable 19,071,460 19,888,318 53. Analysis of taxes accrued: May 1955, eilndes an additional road which reported
30. Accrued accounts receivable 248,125,444 207,o006, 53-01. U. S. Government taxes. 4......16,328,354 531,462,555 o 0st icome (or defioi) for that period.
31. Other current assets 26,773,228 30,835,496 53-02. Other than U. S. Government taxes.. 169,843,367 171,626,899
32. Total current assets (items 21 to ) 3,381,377,527 3,318,638,298 54. Other unadjusted credits --410,591,931 252,172,573
32. Total current assets (items 21 to 31) 3,381,377,527 3,318,638,298 54. Oterunajustedcredit


d Decrease, deficit, or other reverse item.
1/ Represents accruals, including the amount in default.
# 10ol1das the reports of the Atlanta and lest Point, Clinohfield, Georgia, and Western By.of Alabem
due to strike ,


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.


Statement No. M-125

MAY 1955


Income Items


I I


I I i I -----T I I I






INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

70 THE FIV MONTHS EIBED MAY 1955 AED 1954


Page 2


ET RAILWAY PERATING mFEERAL INCOME DIVIDEND NET RAILWAY OPERATING CHDERAL INCOME DIVITHD
I ion and ra a TINCOMETAXES APPROPRIATIONS INOM T Ion and a TAXES APPROPRIATIONS


1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


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


$420,797,312 $263,278,191 $329,472.895 $171.992,311 $,53,778,0831 $105,894,404 $163,314,701 $149,894,2091


Eastern District Total ............. 145,818,314 64,646,652 92,145,228 10,678,504 22,033,064 12,275,618 34,466,200 19,856,808

eastern District In. Pocahontas
Region Total .................... 190,672,630 93,519,147 130,855,881 32.774.952 48.778.559 21,291,364 57,045,483 42,446,230
New England Region Total ........... 9,595,416 3.152,819 5,981,455 d 2.111.167 723,297 1,301,730 2,944,793 2,331,151

Bangor and Aroostook ................. 1,193,841 1,415,549 510,474 842,336 211,306 669,595 446,938 95,700
Boston and Maine ..................... 1,844,822 d 278.272 582,619 d 1,826,417 530,071 132,043 721,276
Canadian National Lines in New England d 551,964 d 776.982 d 612871 d 83765 -
Canadian Pacific Lines in n ...... 90.781 553,158 -
Can.adian Pacific Lines in Vermont .... d4 344.626 d 288.188 -
Central Vermont ...................... 395,531 176,891 d 290.5 d 50 -
Maine Central ........................ 1,021,574 982,060 519,745 456,428 424,352 336,092 40,155 40,155
New Tork Connecting .................. ... 533,290 484,255 270,090 217,836 -
w York, w aven and Hartford ..... 4,967,540 986241 4,950,541 d 39.531 d 442.432 164,000 2,457,700 1,474,020
Rutland .............................. 44,627 d 101.893 51,436 106.794 -

Great Lakes Region Total ........... 67,774,173 29,309,032 46,879.346 8,969,235 9,728,347 6.270,613 20,374,141 13,831,279

Ann Arbor ............................ 306.381 207,426 237,435 137,469 68,893 d 24.117 -
Canbria and Indiana .................. 539,087 336.512 547,392 338,782 420,053 210,090 60,000 60,000
Delaware and Hudson .................. 3.483,495 1,932,658 2,709,006 1,127,103 600,000 -
Delaware, Leakavanna and asstern ..... 2,783.179 2,637,253 1,109,838 1,187,169 d 230.701 d 459.861 1,688,824 1,266,618
Detroit and Mackinac ................... 121,044 101,318 130,127 104,769 117,201 72,275 -
Detroit and Toledo Shore Line ........ 488,523 463.910 456,809 436,940 383,749 362.,078 100,000 100,000
rie ..................................... 5,787,636 5,690,277 2,589,640 3,011,740 d 275,820 d 320.243 3.852,081 3,852,081
Grand Trunk Western .................. 3,142,622 1,603,716 1,409,245 d 4 5,923 d 288 -
Lehigh and ndson River ................ 146,595 141,043 152,598 147,209 108,051 91,847 70,455 70,455
Lehigh and New England ............... 368,221 422,556 295,189 344,775 321,617 178,788 -
Lehigh Valley ........................ 4,067,157 1,616,336 2,774,683 68,739 d 1.751.965 d 111,100 899,191 448,761
Monongahela .......................... 183,627 142,201 d 20796 d 56629 -
Montour .............................. 155,738 242,029 143,108 230,686 39,378 163,017 -
Newv York Central ..................... 27,880,222 237,768 21,120,798 d 7.087.356 784.300 766,200 6,447.394 -
New York, Chicago and St. Louis ...... 8,005,863 6,527.597 5,748,219 4,600,957 5,272,000 4,479,500 3,059,714 4,135,975
Nev York, Ontario and Western*s *...... d 732.801 d 654.212 d 1.343.33 d 1.264.743 -
New York, Susquehanna and Western .... 261,429 79,753 75,160 d 45.813 85,600 -
Pittsburgh and Lake Erie ............. 5.240,092 3,544,219 4.383,805 3,090,331 2,059,197 271.032 1,295.475 1.295.475
Pittsburg & Shamt .................. 336,813 333,099 168,843 235,985 d 15.3 -
Pittsburgh and West Virginia ......... 498.332 457,306 319,074 268,812 181,16 d 3.536 305,000 305,000
Wabash ............................... 4,710.918 3,246,267 3,872,516 2,138,233 1.561,286 594,64;3 2.596,007 2,296,914

Central astern Region Total....... 68,448,725 32,184,801 39,284,427 3,820,436 11,581,420 4,703,275 11,147,266 3,694,378

Akron, Canton and Toungstown ......... 266,034 134,103 216,560 85,093 205.906 28,528 84,420 86,168
Baltimore and Ohio ................... 17,479,242 13.799.924 9,703,176 5.546,085 2,000,919 187,855 -
Besseaer and Lae Brie ................ 1,974.160 1,179,747 1,872,245 1,067,244 1,077,750 21.234 209,988 209.988
Central R. R. Co. of New Jersey ...... 1,671,731 1,135,978 85,866 d 42.35 5,446 6,402 -
Chicago & Eastern Illinois ............ 1,568,647 1,347,099 641,550 640,049 d 503.200 d 87,600 379.193 870.413
Chicago & Illinois Midland ............. 372,404 104,335 324.622 55.488 344,101 35.399 -
Chicago, Indianapolis and Louisville 814,083 786,412 503,164 451,376 279,000 245.000 429,642 429,642
Detroit, Toledo and Ironton .......... 1,938,047 1,371,497 1,794,510 1,189,267 1,207,263 556,764 1,226.665 -
lgmin, Joliet and Eastern ............ 2,858,326 d 3,832,249 2,842,320 d 3.912.182 2.910,572 -
Illinois Terminal ....................... 318,44 216,552 93,285 d 22.550 57,300 d 97860 -
Long Island .......................... ..... 212,993 d 2.628.279 d 64.758 d 3.642.96 -
Missouri-Illlnole is...................... 609,533 324,960 558,579 339,2?50 281,300 205,500 135,000
Penneylvania ......................... 30,586,766 11,614,376 16,300,266 d 681,124 530,000 1,111,000 6,583,877
Pennsylvanie-Reading Seashore Lines .. d 1.587.816 d 1.871778 d 1.965.566 2.272.153 311,684 -
Reading .............................. 5,949.513 5,572,556 4.148,735 3.738,087 1,509,063 984.869 2.098,481 2,098,167
Staten Island Rapid Transit ........... d 246.116 d 271.847 d 6181 d 90.703 -
Western Maryland ...................... 3,662,734 3,201,45 2,691,764 2,172,527 1,676,000 1,194,500

Pocahontas Region Total.............. 44,854,316 28,872.495 38,710,653 22,096,448 26,745,495 9,015,746 22,579.283 22,589,422
Atlantic and Denville ................ .. 51.904 2,392 19,517 d 51 1,110 -
Chesapeake and Ohio .................. 26,817,031 17.967.,166 21641,737 12,192,688 12,100,000 2,300,000 12,039,375 12,057.014
Norfolk and Western .................. 12,687,326 6.627,174 12,530,386 6.430,385 10.550,000 3,950,000 8.666,300 8,658,800
Richmond, .r.dericksburg and Potomac 1,171,073 1,406,805 1,240,386 1,469,995 1,252,500 1,015,912 310,032 310,032
Virginian .............................. 4,126,982 2,868,958 3,278,627 2,033,231 2,842,995 1,748,724 1,563,576 1,563,576


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

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


56,128,306


1,367,404
319,746

5,770,769
1,817,743
22,163
3,679,386


32,446,306


27,711,249


I 4 1 6 1
783,000


295,000
305,954
4,500,000

115,000
2,335.,000


30,291,290


938,251
307.379
5,576,679
947,619
193.929
2.266,598


783.000
355,660

1,925,000
10,000
3,490,000


896,828
239,856

2,474,166
852,085

1,794,000


27,780,886


896,828
419,818

2,062,453
1,705,420

1,794,00o


Southern Region Continued

Clinchfield 1 .........................
Columbus and Greenville ................
Florida last Coast ................
Georgia R. R. Leasee Organization .
Georgia & Florida* .....................
Georgia Southern and Florida ...........
oulf, 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 I/ .............


$20,559
2,397,263
75,683
d 148.L25
4.W8,253
12,155,240
8,642,415
102,576
330,274
872,362
291,319
10,421,305
18,998,632
193,689


$50.779
2,231,714
a 41,366

3,569,949
8,925,110
9,724,892
71,211
1,919,730
804,993
225.434
9,971,826
13,500,575
97,208


$30,190
413,593

d 283' W
3.099.22
9,049,690
6,217,290
68,949
d 150.562
a40,143
9,140,626
14,719,582
66,457


$59,982
312,005
d 469.769
18,729
2.452.517
5,805,937
7,045,045
31,762
1,434.356
836.204
181.343
8,678,631
9,267,539
d 37.242


$28, 200
512,000


1,329,000
8,266,000
28,540
30,844
d 609.000
910,000
231,062
3,139,000
12,017,000


$71.300
405,000


d 2.500
1.437,000
5,283,000
1.245,025
1,312
782.222
865,000
78,236
3,444,700
6,550,000


$24,375



1,625,831
4,624,417
5,850,000
60.358
511,967

231,360
2,365.045
8,741,002


$24.375



812,915
4,513,663
4,680,000
60.358
511,967

327,762
1,879,421
8,091,906


Western District Total ............... 156,928,322 106,293,590 142,488,708 93,369,865 72,553,218 56,891,791 75,977,928 79,667,093

Northwestern Region Total ............ 23,137.591 1,804,239 16,866,134 d 7.047,467 5,556,.500 1,478.343 20,171.506 21,877,373

Chicago and North Western .............. d 411.774 d 3.131.997 d 2.651.989 d5.316054 3015880
Chicago Great Western .................. 1,757,800 ,690072 1.331,983 1,261,172 1,058,300 812,000 633.953 457,633
Chicago, Milwaukee, St. Paul and Pacific 4,074,463 1,190,953 3,682,613 d 1.766031 7,716,468 7,716,468
Chicago, Saint Paul, Minneapolis & Omaha d 862847 d 818773 d 1.856.801 1819 -
Duluth, Missabe and Iron Range ......... 483,910 d 319130 289,420 d 3.417.248 -
Duluth, South Shore and Atlantic ....... 266,336 156,259 144,055 28.580 -
Duluth, Winnipeg and Pacific ........... 66,667 d 158993d 112199 336816 -
Great Northern ......................... 7,197,005 2,903,779 8,017,166 3,850,808 1.950,000 6,667,930 6,073,639
Oreen Bay & Western .................... 197,278 139.325 229,861 125.378 225,200 121,139 125,000 125,000
Lake Superior & Iehpeming .............. 2298 906 d 30.010 d 5182 49,940 149940
Minneapolis & St. Louis ................ 548506 671,687 538,250 627,790 334,000 388.899 560,000 420,000
Minneapolis, St. Paul & S. S. Marie .... 233,435 d 107 5,880 d 776.095 359,552
Northern Pacific ....................... 6,024,00 470848 5985,494 183 1 1,320000 3.719565 3719,565
Spokane International .................. 282,565 221,210 219,082 155,398 169,000 87,000 239,098 199,248
Spokane, Portland and Seattle .......... 1,971,279 1,872,150 556,910 457,075 500,000 200,000 -
Wisconsin Central ...................... 1.330,866 823,038 516,419 d L 53810 d 130.695 -

Central Western Region Total ......... 91,482,816 73,612,094 98,082,136 80,246,124 50,458,420 43,595,107 44,598,.966 45,989,149

Atchison, Topeka and Santa To a/ ....... 28,759,170 22,335,845 27,232,493 20,058,121 21,002,617 14,937.000 9,171,970 9,171,970
Chicago, Burlington & quincy ........... 8,946,493 12,123,003 6,799,650 9,913,937 2,683,000 6,801,300 2,562,581 2,562,581
Chicago, Rock Island and Pacifi.. ....... 7,400,237 6,550,246 6,250,753 5,633,612 2,077,000 1,456,000 2.569,536 2,569.579
Colorado and Southern .................... 755.169 495.937 74?7,125 492,826 516,654 133,826 -
Colorado A Wyoming...................... 223,222 132.537 209,433 116,005 186,100 33,200 330,000 110,00
Denver and Rio Grande Western .......... 5,767,100 5.214,522 14,080 3.827,890 3,141,600 2.004,600 2,385,210 2,510,521
Fort Worth and Denver.................... 568.347 924.880 154,383 503,365 d 183.838 61,148 -
Northwestern Pacific ................... 532,239 71,805 545,205 81,889 573,032 56,098 -
Sacramento Northern** ................... 43,035 d 6 d 282.896 d 346630 -
Southern Pacific Co., Incl. Leased Lines 20,845,970 14,288.810 21,274,931 13,992,202 5,675,880 3.239.353 13,570,683 13,570,683
Southern Pacific Transp. System / ..... 24.934,356 17,193,334 24.633,371 16,166,964 8,785,611 4,910,920 13.570,683 13.570,683
Toledo, Peoria & Western ............... 323,868 380,238 311,374 365,600 311,375 391,500 54,000 54,000
Union Pacific Incl. Leased Lines ....... 14,586.795 9,362,551 28,831,996 24,224,294 13,700,000 14,000,000 13,105,412 13,105,412
Utah ...................................... 42,046 d 137.214 41,394 d 14116 -
Western Pacific.......................... 2,689125 1,898,527 1.552,215 1.524,7 775.000 481.082 849.574 2,334.403


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

Beaumont, Sour Lake A Western** ........
International-Great Northern** .........
Kansas City Southern ...................
Kansas, Oklahoma & Gulf ................
Louisiana & Arkansas ................
Midland Valley ........................
Missouri-Xansae-Texans ..................
Missouri Pacific* .....................
New Orleanse, Texas A 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, Uralde & Oulf ** .......
Texas and New Orleans ..................
Texas and Northern ......................
Texas and Pacific ......................
Texas Mexican ................. .........


42,307,915


281,580
1,285,069
3,347,515
267,792
2,484,710
91,087
2,603,406
10,711,539
1,098.439
49,601
1,769,737
5,801,817
168,879
4,088,444

410,077
3,947,143
143,393


30.877,257


613,828
1,117,561
3,082.675
288,427
2.312,280
50,890
2,395,648
7,166,814
613.136
155.449
1,308,692
3.766,533
91,371
1,519,621
d 248.123
2,904,494
147,065
3,493,804
97.092


27,540,438


372,867
215.354
2,704,252
216,740
2,255,782
99,345
1,255,365
4,240,481
12,804
52,580
1,466,387
3,876,180
157,844
3,893,227
d 420. ni
3,308,440
409,777
3,319,560
103,764


20,171,208


686,125
42,102
2.323,575
239,819
2,111,641
74,926
1,068,462
1,200,580
d 473,829
164,092
984,598
1,803,406
83,399
5.167,749
d 32?.899
2.124,762
146,710
2,696,781
54,209


16,538,298


2,650,000
177,333
1,603,000
81,282
90,000

43,020

2.352,151
161,349
4,050,432

3,109,731
2,104,000
116,000


11,818,341


145,000

2,241,000
195,049
1,316,286
61,303
121,000
4 412.a48
d 17.000
134. ?7
103,000
107,000
105,000
4,221,607

1,671,567

1,759,000
66,520


11,207,456


1.948,797
265,797

1,667,512



4,391,385

1,853,240

300,000
780,725


11,800,571


1,948,797
265.794

1,667,512



5.284,503

1,853,240


780,725


IIIII | |L


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


i Report not filed due to strike.
a Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa le By., and Panhandle & Santa SFe y.
b Data not included in totals. Includes Southern Pacific Company, Texas and Nov Orleans R. R. Co., and leased lines.
U. S. GOVERNMENT PRINTING OFFICE : 1955 0 3601320(Z)


73.196,360


1,462,628
341,901

5,457,466
2,565,541
172,759
4,354,920


1,039,815
308,658
6,043.041
1,620,046
353,440
2,923.424


-r


--r


-r


i i ---4-


i


I


I







Subject to revision


UNIVERSITY OF FLORIDA

II IIIlI IIlIlll il ^ II DIIIl INTERSTATE COMMERCE COMMISSION
3 1262 08851 3626 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

Compiled from 122 reports (Form IBS) representing 125 steam railways #
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


JUAN


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION
Income Items For the month of June For the six months ofof For the month of June For the six months o
1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 J

1. Net railway operating Income ..................... $106033549 $79059487$526830 861$342337677 $34 966 141 $23 182 117 180784 455 $87828768 $10736 736 47 483 853 $55591 052 $36 356348
2. Other Income ...................................... 20135 003 18 991 865 120306644 118 560687 7709438 6 614 893 43061902 41 590 196 234 715 755059 1562270 2813 358
3. Total income .................................. 126 168 552 98051 352 647 137505 460898364 42 675 579 29 797 010 223846 357 129418 964 10 971 451 8 238 912 57 153 322 39169706
4. Miscellaneous deductions from income ............... 3376 340 3 393 508 22890907 21865319 1016 510 987999 7 991195 7 086 484 56 672 324335 684126 2044811
5. Income available for fixed charges ........... 122792212 94 657844 624246598 439033045 41 659 069 28 809011 215 855 162 122 332480 10914 779 7 914 577 56469196 37124 895
6. Fixed charges:
6-01. Rent for leased roadsandequilopment ....... 4815894 4844429 29101232 29145607 4086180 4002527 24307152 24437217 8 533 7412 49760 45404
6-02. Interest deductions I/ .................... 26209501 26 539018 156679968 159263769 10659 494 10975022 63984524 66 104 507 1 333 306 1 398329 8072467 8372 163
6-03. Amo-tlzation of discount on funded debt ... 251 705 246947 1456477 1412538 76 398 81443 443917 460143 12647 13976 76023 82 990
6-04. Total fixed charges .................. 31277 100 31 630394 187237677 189821914 14 822 072 15058992 88735593 91001867 1 354486 1419717 8 198250 8 500 557
7. Income after fixed chrees ................... 91515112 63027450 437008921 249211131 26836997 13750019 127119569 31330613 9560293 6494860 48270946 28624338
8. Other Deductions .................................. 3411613 2 802194 19359303 16993564 1634465 1384724 9771809 8286814 d 33032 d 2
9. Net income .............. .................. ... 88103 499 60 225 256 417 649 618 232 217567 25 202 532 12 365 295 117 347 760 23 043 799 9 560293 6 527 892 48 270 946 _7 624 340
10. Depreciation (Way and structures and Equioment) ... 44312 745 43 869887 264372543 260773107 16169 828 16182 779 96580863 96942470 3221442 3 235626 19 370780 19239327
11. Federal income taxes ............................. 45894326 24357389 199672409 130251793 7978482 2151266 30011546 14426884 7657660 3763 514. 34403155 12779260
12 Dividend appropriations:
12-01. On common stock ......................... 25476791 17778098 157732609 121849621 5971818 2 654 315 32621738 13283574 312212 310362 22472780 22407570
12-02. On preferred stock ....................... 1960092 1 425190 33018974 47247876 1323814 d 1300 9140094 9226249 d 87 418715 492127
Ratio of income to fixed charges (Item 5-6-04) 3.93 2.99 3.33 2.31 2.81 1.91 2.43 1.34 8.06 5.57 6.89 4.37

.-- ..... EASTERN DISTRICT I
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

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954

1. Net railway operating Income ......................... 45702 877 $30 665 970$236 375 507 1124 185 116 $14428 343 $10 475 907 $87 624703 $73 941 361 $45 902 329 $37 917 610 202 830 651 144 211200
2. Other income ...................................... 7944153 7369952 44624172 444035554 3461923 2623527 11663792 10164470 8728927 8998386 64018680 63992663
3. Total income .................................. 53 647 030 38035 922 280999 679 168 588670 17 690266 13 099434 99 288 495 84 105 831 54631256 46 915 996 266849 331 208203 863
4. Miscellaneous deductions from income ............... 1073182 1 312 334 8675 321 9131295 128 251 84 662 628 216 572 221 2 174 907 1 996512 13 587 370 12161 803
5. Incomeasvailable for fixed charges ........... 52 573848 36723 588 272324358 159457375 17762015 13014 772 98660279 83533610 52456349 44 919484 253 261 961 196 042 060
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 4094 713 4009939 24 356912 24482621 555 168 661 978 3727007 3 660146 166 013 172 512 1017313 1002 84
6-02. Interest deductions / ....... ............ 11992800 12 373351 72056991 74476670 3984055 4039986 24117583 24301 822 10232646 10125681 60505394 60485277
6-03. Amortization of discount on funded debt ... 89 045 95 419 519940 543133 30 904 25 647 187 868 124116 131 756 125 881 748 669 745 28
6-04 Total fixed charges ................... 16176 558 16478 709 96933843 99502424 4570127 4 727611 28032458 28086084 10530415 10424074 62271376 62235 40
7. Income after fixed charges ................... 36397290 20244879 175390515 59954951 13191888 8287161 70627821 55447526 41925934 34495410 190990585 133808654
8. Other Deductions ................................... 1634465 1351692 9771809 8286812 261317 264389 1568944 1577260 1515831 1186113 8 01550 7129 49
9. Net income ................................... 34762 825 18 893 187 165618706 51668139 12 930 571 8 022 772 69058 877. 53 870266 40410103 33 309297 182972 035 126 679 162
10. Depreciation (Way and structures and Equipment) ... 19391270 19418405 115951643 116181797 6048849 6053833 36201821 36053741 18872626 18397649 112219079 108537569
11. Federal income taxes .............................. 15636 142 5914780 64414701 27206144 665 288 2 795651 38811594 30506900 23 892896 15646 958 96446 114 72538 7 49
12. Dividend appropriations:
12-01.On common stock....:::::::::::::::::::::: ........................ 84030 296477 55094518 35691144 3076477 2 349330 29222413 2467108 16116284 12464091 73415678 6179169
12-02. On preferred stock ......................... ....1323814 d 1 387 9558809 9718376 4145354 5763108 636278 1426577 19314811 31766392
Ratio of Income to fixed charges (Item 5+6-04) 3.25 2.23 2.81 1.60 3.89 2.75 3.52 2.97 4.98 4.31 4.07 3.15


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 June Balance at the end of June
1955 1954 1955 1954
Reported showing Reports showing
17. Expenditures (gross for additions and betterments- 6697 4. Funded debt maturing within 6 months ....... .. $ (163,103,273 $164,531,118 Period Net Income Net Deficit
Road $128.466.937 $153,615,735
18. Expenditures (gross) for additions and betterments- 21. Loans and bills payable 3/ 4,157,068 46,416,667 Number Amount Number Amount
Equipment 254,183,189 319,512,662 42. Traffic and car-service balances-Cr.. 108,472,035 101,620,041
19. Investment in stocks, bonds etc other than those Audited accounts and wages payable 447,712,561 443,582,021 June 195 102 $89,741,872 18 1,638,373
of affiliated companies (Total, Account 707) 407,593,532 395,623,906 44. Miscellaneous accounts payable 186,152,071 182,373,487 June 1954 92 64,081,527 28 3,856,271
20. Other unadjusted debits 88,397,137 88,725,292 45. Interest matured unpaid 45,933,002 48,488,739 6 months 1955 107 429,010,512 13 11,360,894
46 Dividends matured unpaid 20,858,234 19,024,715 6 months 1954 91 268,169,820 29 35,952,253
21. Cash 860,599,229 745,289,297 47 Unmatured interest accrued 65,333,263 60,930,759
22. Temporary cash investments 906,798,627 713,287,760 i. Unmatured dividends declared 727,846,113 23,560,087
SSpecialdeposits recei81,vab835,896 80,909 081 49. Accrued accounts payable 238,437,071 231,502,348
24. Loans and bills receivable .. ... ... 92,439 276,194 50. Taxes accrued.- -528,523,328 506,046,705
25. Traffic and car-service balances-Dr 64,938,842 63,577,743 51. Other current liabilities 115,067,189 87,804,640
26. Net balance receivable from agents and conductors 171,193,498 150,335,867
27. Miscellaneous accounts receivable 282,390,168 320,964,030 52. Total current liabilities (items 41 to 5 ) 1,788,491,935 1.751,350,209 Excludes 2 roads whose net income (or deficit was
28. Materials and supplies 678,310,341 802,325,290 1 t absorbed by the controlling company.
29. Interest and dividends receivable ....11,399,654 14,310,731 53. Analysis of taxes accrued,
30. Accrued accounts receivable 252,626,200 211,073,231 53-01. U. S. Government taxes ...346,938,101 328,223,414
31. Other current assets 25,249,068 27,276,036 53-02. Other than U. S. Government taxes 181,585,227 177,823,291
32. Total current assets (items 21 to 31) 3,335,433,962 3,129,625,260 54. Other unadjusted credits ................................... 411.451,270 251,492,694


d Decrease, deficit, or other reverse item.
1 Represents accruals, including the amount in default.
Excludes the reports of the Atlanta and West Point, Clinchfield, Georgia,
due to strike.


and Western Ry. of Alabama


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.


Statement No. M-125
TTTNTI' iqrr


(9J


FLO


CT 4 5








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

FOR THS SIX MONTHS ENIZD J.SE 1955 AND 1954


TS RBAILWAY OPERATING NE INCOnME FZDEAL INCOME DIVIDENDLW INCOME DIVIDE
INCOME 4 TAXES APPROPRIATIONS NET RAILWAYOPMATINGNET INCOM EFDERAL INCOME DIVIDnB
Region and railway Reion and railway INCOME TAES APPROPRIATIONS

1955 1954 1955 1954 1955 1954 19 19 195 1955 1954 1955 1954 1955 1954 1955 1954


United States Totpl ................ 4526,830,861 $342,337,677 $617,649,618 $232,217.567


199.672,409


Eastern District Total ............. 180,784.455 87,828,768 117,347.760 23,043.799 30,011,546 14,426,884 41,761.832 22.509,823

Eastern District Incl. Pocahontas
Region Total .................... 236.375.507 124,.185,116 165.618.706 51,668.139 64,414,701 27,206.144 64.653.327 45,409,520


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

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

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

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


Central Eastern Region Total .......

Akron, Canton and Youngstown .........
Baltimore and Ohio ...................
Bessemer and Lake Erie ...............
Central B. R. Co. of New Jersey ......
Chicago & Eastero Illinois ...........
Chicago & IllinOis Midland ...........
Chicago, Indianapolis and Louisville
Detroit, Toledo and Ironton ..........
1lgin, Joliet and eastern ............
Illinois Terminal ....................
Long Island .........................
Missouri-Illinois....................
Pennsylvania .........................
Pennbylvania-Reading Seashore Lines ..
leading ...............................
Staten Island Rapid Transit .........
Western Maryland .....................


Pocahontas Region Total ............

Atlantic and Danvill; ................
Chesapeake and Ohio ..................
Norfolk and Western ..................
Richmond, Fredericksburg and Potomac .
Virginian ............................


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

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


7,519,607 d 1.655.252


1,192,890


1,275,913


2,944,793


2,3115


585,213
981,656
d 683.355


d 297,753
601,230
266,470
5.990,461
75,685

58,942,109

295,846
639,668
3.496,742
1,932,082
145,566
525.574
3,049,098
1.395.873
190,199
411,741
3,711,610
d 18.039
184,644
26,513,491
7.382,690
d 1.612.139
86,021
5,336,421
241,409
383.197
4,650,495


50,886,024


814,700
d 2.055.068
d 964.263


d 654,189
484,144
164,637
672,420
d 117.633

13,027,821

178,964
402,699
1,716,674
1.689.931
123,540
488,879
3,365.043
d 500.061
174,901
393.191
659,014
d 69.536
279.689

5.794,744
d 1.480.151
d 35.092
3,585,814
250,899
290.648
2.419,887


11,671,230


200,920
890,979



518,423

d 417.432


13,366,646

111,380
487,065
850,000

158,915
436,029
d 330.461

139,800
449.711
d 1.751.035

58.444
949.200
6.939.000

105,200
2,649.152
d 15.350
217.877
1.912,295


15,452,010


582,876
158,410



350,627

184,000


7,263,600

249,100

d 524.257
84.987
396,088
d 501.903

108,083
193.418
d 211.100

200,039
904,500
5.632,000


192,037

d 3.536
554,119


5,887,371


446,938




40,155

2,457,700


22,354,554

180.000

1.,688.824

120,000
3.852,095

164,395

1.350.175

6,447,394
3.059,714


2.590.950

305,000
2,596,007


---------- .39 .97


257.713
12,645,998
2.724,150
414,177
762,281
353.567
620,202
2.133.832
3,515.427
132,956
238,169
691,.412
20,884,608
d 2.280.759
4,961,578
d 544.647
3.375.360


48,270,946


112,604
7,246,803
1,914,100
d 463,367
784,307
112,733
490.900
1,379.294
d 2.642.450
d 17.321

402,934
2,319,315
d 2.545.019
4,463,477
d 588.814
2.644.803


28,624,340


259.702
3,059.919
1.853.501
5,986
d 618.500
364,101
353.000
1,454,999
3,574,373
97,700

353.300
636,oo000

1,924,929

2.133,000


34,403,155


46,317
226,855
570,535
7.691
d 90.500
85.899
245,000
604,580

d 108 160

247,500
1,250,000
374,021
1.020,833

1 406.800


12,779,260


84.420

209,988

372,357

429,642
1.226.665


135.000
9,875.816

2,797,947

1 .330,650

22,891.495


t F 4 4. 4. 1 ______


2,194
27.172.050
15,582,634
1.553,.921
3.960,147


69,058,877


d 32.606
15.256,560
9,148,286
1,689.260
2.562.840


53,870,266


16,250,000
13.100,000
1,615,500
3,437,659


38,811,594


______ ......----.


2,103,436
393,804
6,319.107
1.969,382
83,413
4,181,812


1,625,080
?71.352

5.895.867
1,107,255
190,373
2,747,926


863,000
430,915

1,400,000

10,000
3,915,000


3.500,000
5,925,000
1,149,912
2,204,3"8


30,506,900


420,000
378,171

3.,8.0,000

115,000
2,860,000


12,041,555
8,666,300
620.,064
1.563.576


33.367,767


896.828
359.784
2,474,166
852,085

1,794,000


95.700
721,276



40.155

1,474.020


15.785,701

180,000

1.266,618

120,000
3,852,095

140,910

897,539



4,135,675


2.590,950

305,000
2,296.914


85,168

209.988

870,413

429,642



-6


Southern Region Continued


Clinchfield& /...........................
Columbus and Greenville ................
Florida ast Coast ** .................
Georgia R. R. Lessee Organisation .
Georgia & lorida* .....................
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 1/ ..............

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 & Ishpeming ..............
Minneapolis & St. Louis ................
Minneapolis, St. Paul & SS.S. Marie ....
Northern Pacific .......................
Spokane International ..................
Spokane, Portland and Seattle ..........
Wisconsin Central Railroad Company .....

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

Atchison, Topeka and Santa e / .......
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., Inc. Leased Lines
Southern Pacific Transp. System k/ .....
Toledo, Peoria & Western ...............
Union Pacific Incl. Leased Lines .......
Utah ...................................
Western Pacific ........................


2,797,760 Southwestern Region Total ............


22,899,697


12,057.257
8,658.800
620,064
1, 563576


30.130.216


896,828
419,818
2,062,453
1,705,420

1,794,000


Beaumont, Sour Lake & Western** ........
International-Great Northern5 .........
Kansas City Southern ..................
Kansas, Oklahoma & Gulf ...............
Louisiana & Arkansas ...................
Midland Valley .........................
Missouri-Kansas-Texas ..................
Missouri Pacific** ....................
New Orleans, Texas & Mexico" ..........
Oklphoma City-Ada-Atoka ................
St. Louis, Brownsville and Mexico** ....
St. Louis-Sen Francisco ................
St. Louis, San Francisco and Texes .....
St. Louis Southwestern ................
San Antonio, Uvalde & Gulf** ...........
Texas and New Orleans ..................
Texas and Northern ...................,
Texas and Pacific ..... ...........
Texas Mexican ..........................


$23.675
2,646.546

116,668
d 219.653
5,127,608
14.488.542
11,919,233
120.507
614,299
1,111.568
362,021
12,314.064
22.428,423
213,401


I I I 1 T9 I051 -67I1
2028tI6~ 14 2512t1


36,732,706


777,052
2.080,277
6.032,635
d 1.083.237
2,810,533
335,164
61,071
10.742,971
228,831
342.166
701,337
854,285
8.207,629
346,951
2,684,710
1,610,331


114,767,960


1.522,695
d 172.530
d 891.291
454,670
d 364.051
165,604
1,104,047
486,154
2,256,6852
d 111.695

37,859,287

264,536
400,072
2.685,989
3,220,490
120,855
521,744
6,573,169
1,488,804
166,525
486,874
2,280,617
170,442
293,685
2,966,727
8.067,077
d 747.237
132,729
4,103,623
367,333
515,792
3.779.441


3,317,100 2,330,385 1,939,774


51,329,985 38,666,663 34,333,145 25,491,953 20,274,143


263,273
1,622,648
4.013,744
339,698
2,980,989
124,034
3.248,563
12.887,900
1,321,020
69,548
2,078,037
7,004,086
190,815
5.120,592
d 350.800
4,984,088
521,117
4,742,293
168,340


.3 117..924 55.7,...1.1.000


$59,488
2,287,654

d 39.064
151,438
4,204,202
10,714,778
11,683,308
78,746
2,339,859
778,601
269,823
11,817,079
15.439.957
79.898


$33.742
269,100

d 400.241
d 382.372
3,486,591
10,810,027
9,.277,977
80,173
111,087
1,138,119
302,700
10,785,855
18,434,020
61.145


$69,415
d 14.315

d 551, 51
21,069
2,767.927
6,971,288
8,651,884
32,618
1.704,.794
812.778
219,864
10,274,369
11,053.492
d 80.919


$46,404
372.000



1,495,000
9,674,0no
1.963,748
36,527
d 500.000
1,185,000
258.000
3.545,000
14,117,000


$85,800
70,000

d, 2.500
1.529,000
5,871,000
1.938,690

957,803
755.000
103,236
4,055,700
7.520,000


$24,375



1,625,831
4,624,417
5.850,000
60,358
511,967

231,360
5.321.594
8,741,002


$24,375



812,915
4,513,663
4.680,000
60.358
511,967

327,762
4,228,751
8.091.906


1,866,843
t


12,747,507::


d 2.666.208
2.015,130
1,097.531
d 829,856
d 75,810
172,112
d 197.237
6,631,493
143.890
17,067
844,968
d 284.865
2,061,442
286,092
2.333,538
1,198.220


92,797,030


28,641,584
13.548,042
8,670.430
576,132
169,915
6.,370,434
1,281,917
203,585
d 71.362
18,826,251
22,189,884
429,565
12,000,316
d 180.164
2.330,385


825,155
1,301,043
3,722,464
371.448
2,720,379
109.164
3,326,161
9,087,491
679,948
161,877
1,552.303
4,693,512
198,344
2,303.002
d 304.114
3,363,633
163,886
4.281,099
109.868


d 1.923.996
1.575,673
5,079,163
d 2.275.290
2,578.222
189,768
d 153.983
11.131,560
260,068
334,090
677.383
359.554
7.534,224
271,377
981,022
725,818


72,1 188,080


884,63 1163,3
+ 4 .. --4- -


943.000




1,200,000
127,189

492,899


87,000
280.000
d 130.695


23.356.328


d 5.275.319
1,503,459
d 2.476.409
d 2.029.440
d 347.984
18,486
d 410.849
7.112.146
119,663
7,860
779,.053
d 268.857
1,125,967
207,313
631.468
188,080


121,294,2371 100,302,572 64,508,639
56,285,208 58, 824w 089
4 4 I 4. _____ 1 _____ 1 _______


1,209,300


1,693,800

4,600,000
260,632
179,600
444,000

2,370,000
206,000
700,000


56,285,2o0


633.955
10,901,288



6,667,930
125,000
149.940
560,000
359.552
3,719,565
239,098


15,239,620
5.979.355
4.395.514
339.988
330,000
2,385,210


13,570,683
13,570,683
108,000
13,105,412

1,274,349


3,015,880
457,636
7,716,468



6,073,639
125,000
149,940
420,000

3,719,565
199,248


33.231,392
8,665,623
7,.738.237
896,622
250,272
5.197.095
344,530
691,967

26,712 060
30,804.133
363.587
35.569,662
26,970
1.939.774


366,628
342.158
3,256.463
278,727
2,706,422
143,728
1,626,647
5,576,291
24,451
72.997
1,709,107
4,735.431
177,347
4,898,324
d 454.766
4,032,073
520,717
4,202,476
117,924


25,960,752
10,951.667
7,573,719
575,091
150.539
4.693,633
772.204
215,263
d 466.227
18,255.403
20,737,898
408,785
29.530.697
d 185.797
1.866,843


911,627
44,760
2,802,079
311,998
2,481.509
143.038
1,733,409
2.418,152
d 622,962
171,190
1,157,156
2,319,140
188,959
5,871.355
d 410.829
2,422,495
163,536
3,329.588
55,753


25,819,617
3,396,400
2,848,000
620.562
222,300
3,700.500
d 58.815
727,510

8,183.757
12,032,315
363,586
17.600,000

1,085,222


1,085,222 742,807 1,274,349 2,731,078


63,925

3,192,000
228,218
1.955,000
117,650
222,000

d 46.564
59,725
54,613
2,818,151
182,349
5,070,518

3,848,558

2,377,000
131,000


19,583,000
6,940,000
2.796,000
141.255
62,100
2,060,600
263,799
200,208
6.184
5,402,155
7,286,929
437,100
17,650,000

742,807


1324,4 126600 1. .9


79,000

2,674,800
233,389
1,572.286
61,311
d 145.000ooo
d 412.248

139,206
48,000
297,000
190,379
4,770.731

1,884,774

1,809,000
68,520


1,948,797
265.797


1,667.512



5,049.234

1,853.240


300,000
1,561.450


15,239,620
5.979,355
5.139.147
339.988
110,000
2,500,806



13.570.683
13.570.683
108,000
13,105.412

2.731,078


1,948,797
265,794


1.667,512



5,284,503

1,853,240


275,000
1.561.450


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


1/ Report excluded due to strike.
A/ Includes Atchison, Topeka & Santa Fe By., Gulf, Colorado & Santa Fe By., and Panhandle & Santa Fe Ry.
/ Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE : 1955 0 3603Z0(3)


4,450,455


Page 2


35,136,882
11,175,556
9,304,614
902,715
266,927
6,838,709
846,092
679,004
57,330
26,675,714
31,659,802
380,770
19.159.034
27,513
3,317.100


12,198,411


1,427.573
2,586.020
d 609.963
473,713
d 416.095
525,481
1,200,341
585.012
6,358,064
68,265

84,026,884

377,372
628.699
4,431,921
3,701,054
137.505
564,072
6,816.830
3,473,324
183,056
498,100
4.986,759
227.635
199.830
35,210,490
10.077,399
d 880.020
308,505
6,315,403
443,106
598,372
5.727.472


t -- -- t


84,559.160


322,928
20,708,008
2,846,632
2,342,636
1,889,719
398.999
989.523
2,305.968
3,523,323
401,447
579,817
740,.158
37,986.408
d 1.827.459
7,115,166
d 286.212
4,522.099


55.591,052


40,788
33.325,610
15,757,046
1,465,957
5,001,651


87,624,703


1,628.651
'.16.744

6,181,364
2.867,240
263,208
5.000,594


45.519.026


171,934
16,920.201
2,049.324
1,463.496
1,644.779
160.631
886,618
1.596,138
d 2.545.126
270.845
d 2.725.687
386,255
17,073,915
d 2.064.569
6,679,438
d 3,87726.6824
3,877.682


36.356.348


-__33.x09
22,176,835
9,028,523
1,610,830
3.573,269


73,941,361


1.205,301
374.050

6,634,786
1.931,531
381,065
3,54.,861


16.462,485


3.4 92,971


1


51,329,985


38,666,663


34,333.145


25.491.953


20,274,143


13.254,148


12.646.030


12.856.296


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4111 vuv i I 4vo.t3uu


... .. .-1 t,0551 ,0 ,4J 15 35 6 ,6 ,7


130,251.793 $190.751.58 7


2.331.151


11


441 211 20


8109 014fii 12 2 i? If? I


GA LULA 111L


.0.....1- 1


202 830 651


- ". .11


12.747.507


27,344,653


884.637


11.663.332


3 93,999,2


23.356.328


21 877 376


121,294,237 100,302.572


64,508,639


56,728.131


58,824,089




.t L- I. "-,. 7 Z- / p *


Subject to revision


UNIVERSITY OF FLORIDA


IIIIII1 III1111111111111111111111111111111111111 INTERSTATE COMMERCE COMMISSION
3 1262 08851 3428 BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125

JULY 1955


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

Compiled from 126 reports (Form IBS) representing 129 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 of

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


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 equilpient .......
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 Equioment) ...
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) .


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)


t71 155 169 $622 823 894
18272162 138577549
89427331 761401443


28 336 740
733 064 703

35 557 330
183216 439
1706 390
220 480159
512 584 544
22 570 950
490 013 594

310 164 489
233 991 415

178 882 918
33 804 108

3.32


LAS3lKIN lIs-IKil
INCLUDING
POCSI/ A UrSUT O A a nr'u-s


$416 549 883
136 942 98C
553 492 863

26 761 092
526 731 771

35 509 017
186 103 120
1 665 345
223277482
303454289
20249503
283 204786

306 375 989
146 724111

147 163 879
49256571

2.36


$29 661 108
5 935 197
35 596 305

809 346
34 786 9 59

4 117 322
10 602 187
73 001
14 792 510
19 994449
1612 596
18 381 853

16 200 757
6182 619

4 796 553
347 731

2.35


$19 982 782
6 251432
26 234 214

9 8 840
25 305 374

4 099 597
10 938 190
82 280
15 120 067
10 185 307
1402 545
8 782 762

16 233 832
439097

1 652 217
1 325 830

1.67


t.210 445 562
48 997100
259 442 662

8 800 541
250 642 121
28 424 473
74 586 712
516 918
103 528 103
147 114 018
11384 405
135 729 613

112 781619
36194165

37 418 291
9 487 825

2.42


4107 811 5 50
47 841628
155 653 178

8 015 324
147637854
28 536 814
77 042 696
542 424
106 121 934
41 515 920
9 689 359
31826 561

113 176 302
14 865 981

14 935 791
10 552 079

1.39


$9 645 048
194 992
9 840 040

75 791
9 764 249

8 474
1 329 4 53
12 6 3 5
1 350 562
8413687

8413687

3 223 883
6 295 910


d 16
7.23 4 4

7.23


a5 817 672
438233
6 255 905

320 900
5935 005

8023
1 393 609
14 0 31
1 415 663
4 519 342

4 519 342

3 217 048
1 632 600

5 893 619
335 130

4.19


$65 236 100
1 757 26 2
66 993 36 2

759 917
66 233 445
58 234
9 401 920
88 658
9 548 812
56 684 633

56684633

22 5946683
40 699 06 5

22 472 764
646 119

6.94


S42 174 020
3 251591
45425611

2 365 711
43 059 9 00

53 427
9 765 772
97 021
9 916 220
33143 680

33143 682

22 456375
14 411860

28 301 189
827257

4.34


i I I I i I I I I ~ -I _________ ________ LI _____I____


SOUTHERN REGION


WESTERN DISTRICT


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


T 1 1 T 1 1


Z275 681 662
50 754 36 2
326 436 02 4

9 560 458
316 875 566

28 482 707
83 988 632
605576
113 076 915
203 798 651
11 384 405
192 414 246

135 376 282
76 893 23 C

59 891 05 5
10 133 944
2.80


$149 985 570
51 093 219
201078789

10 381035
190 697754

28 590241
86 808 468
639445
116 038 154
74 659 600
9 689 3 57
64 970 243

135 632 677
29 277841

43 236 980
11 379 336

1.64


814 207 849
2 434 996
16 642 845

265 636
16 377 2 09

870 662
4 049 956
31 167
4 951 785
11 425 424
261 322
11 164 102

6 266 668
3 658 9 50

11 716 9 11

3.31


$9 549 139
2 036 039
11 585 178

302 515
11 282 663

789 288
4 083 779
28 438
4 901 505
6 381 158
261 127
6 120 031

6 256 713
1 863 105

8 350 54 9
353048
2.30


1955


8105 213 473
14 218 627
119 432 100

2 797 087
116 635 013

5 931774
28 458 316
219 035
34 609125
82 025 888
1830 266
80 195 622

43654688
42 991513

40 939 324
4 145 353

3.37


$86 547536
12310639
98 8'58 175

2 092 881
96 765 294

5 786 5 56
28 691 233
153 152
34 630 941
62 134 3 53
1838 387
60 295 966

43 784 724
33 061 843

32 717 6 57
6 116 156
2.79


S39 098 108
9 585 881
48683 969

2 391 8 25
46 292 164

125 536
10 264 098
133 110
10 522 744
35 769 420
1 337 729
34 431 691

18 914 440
17 660 558

4 636 861
210 000
4.40


'35 805 576
9546 458
45 352 034

2 125 3 72
43 226 662

129 380
10 118 141
127 459
10 374 980
32 851 682
1 592 267
31 259 415

18421019
11 845 678

9 417 873

4.17


1955


$241 928 759
73 604 56 0
315 533 319

15979195
299 554 124

1 142 849
70 769 491
881779
72 794 119
226 760 005
9 356 279
217 403 726

131 133 519
114 106 672

78 052 539
19 524 811
4.12


_________________________________________________________ _______________________________ a _______________ a I 9r~ -


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


UNITED STATES

Balance at the end of July


Selected Liability Items


UNITED STATES

Balance at the end of July


+ f ~1-


40. Funded debt maturing within 6 months 2/ V.


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

52. Total current liabilities (items 41 to 51)
53. Analysis of taxes accrued:
53-01. U. S. Government taxes..... .......
53-02. Other than U. S. Government taxes...-----
54. Other unadjusted credits ......... ..----- ...--


$180,927,640


5,222,956
114,783,379
480,927,442
197,578,965
24,536,754
7,686,084
74,003,147
37,923,425
245,082,462
580,087,755
109,940,272


1,877,772,641

381,650,434
198,437,321
407,011,011


$172,821,462


37,695,833
103,065,249
442,155,690
188,812,207
25,601,674
8,133,159
70,627,562
38,269,025
242,858,419
538,986,931
87,407,238


1,783,612,987

342,695,030
196,291,901
257,578,305


8180 016777
73 539 122
253 555 899

14287176
239 268 723

1132 220
70 603 419
872748
72 608 387
166 660 336
8 721 7 59
157 938 577

126 958588
84 384 427

71 209 242
31761 079
3.30


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


Period


Report showing Reports showing
Net Income Net Deficit


Number Amount


Number Amount


July 1955 102 $74,919,660 20 $2,528,327
July 1954 92 55,473,644 30 4,792,094
7 months 1955 107 502,635,679 15 12,622,085
7 months 1954 92 322,136,106 29 38,931,320


* Excludes 4 roads whose net income (or deficit) was
absorbed by the controlling company. The seven
months of 1954 *xcludes an additional road which
reported no net income (or deficit) for this
period.


_______________________________________ a _________ d _________ I _______________________________________


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.


$92 612 113
18151 066
110 763 179

3 542 598
107 220 581

5 121 994
26 245 6 94
249 9131
31 617 601
75 602 9 80
3 211 647
72 391333

44605 748
33 998 037

21150 309
785 135

3.39


3 677 627
85 749 704
5 026 288
26 533 719
252 208
31 812 215
53 937489
3 255 939
50 681 550

44 128 612
15 780 480

25 314 258
2 008 695

2.70


839 306 156
6130189
45 436 345

885 137
44 551 208

4 125 796
11 931 6 40
85 6536
16 143 072
28 408 136
1 612 596
26 795 540

19 424 640
12 478 529

4 796 537
575 135

2.76


800 454
689 665
490 119

249 740
240 379

107 620
331 799
96 311
535 730
704 649
402 545
302 104

450 880
071 697


7 545 836
1 660 960

1.89


$155,446,831
296,171,497

422,473,235
94,872,315


844,202,191
997,250,605
73,543,182
94,864
66,209,384
182,867,459
271,894,786
679,097,730
13,718,309
253,886,831
26,519,815


$180,712,104

355,992,176
403,070,541
92,206,656


766,934,126
741,882,374
73,003,046
292,370
60,799,971
151,699,708
312,673,097
788,949,791
14,709,549
208,113,668
28,511,999


3,409,285,156 3,147,569,699


I


-t-


-I-


I


i I


I


I -- I- -- I I









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


FOR THE SEVEN MONTHS ENDED JULY 1955 AND 1954


NET RAIlWAY OPERATING FEDERAL INCOME DIVIDEND NET RAIIWAY OPERATING FEDERAL INCOME DIVIDEND
INCOME NET INCOME TAXES APPROPRIATIONS ICOME NET INCOET TAXES APPROPRIATIONS
Region and railway Regio and railway1954 1955 1954 1955 1954 1955
1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


226$ 823 894 $416 549 d


Clinchfield ...........................
Columbus and Greenville ...............
Florida East Coast *" ..................
Georgia R. R. Lessee Organisation ....
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 By. of Alabama .................


Uie States ota ................ .- ,- ^ .4-f,-
Eastern District Total ............. 210.445,562 107.811.550 135,729,613 31,826.561 36,194.265 14,865.981 46.906.116 25.487,870

Eastern District Incl. Pocahontas
Region Total .................... 275.681,662 149.985.570 192.414,246 64.970.243 76.893.230 29,277.841 70.024,999 54,616.316

New England Region Total ........... 14.041,549 5.431.826 8.737.306 d 1.460.115 1,554.287 1,086,021 3.012.721 2.399,079

Bangor and Aroostook ................. 1,704,864 1,612,460 700,131 772,413 234.373 477,817 494.788 143.550
Boston and Maine ..................... 3.373,399 d 148.334 1,429.930 d 2.368.774 1.157.387 184,777 721,276
Canadian National Lines in New England d 763.424d d 106446 848,350 d 1.149.132 -
Canadian Pacific Lines in Maine ...... 355,539 386.441 -
Canadian Pacific Lines in Vermont .... d 478080 d 427540 -
Central Vermont ...................... 531,423 93,124 d 427.69 d 863461 -
Maine Central ........................ 1,324,732 1,149.907 627.974 493,968 551.494 219.427 60.233 60,233
New York Connecting .................. 537.485 490.818 155,498 117.,65 3,465 -
New York, New Haven and Hartford ..... 7,367.495 3.479,977 7,001,682 1.683.416 d 392,432 204,000 2.457,700 1,474.020
Rutland .............................. 88,21616 40.562 98.310 d 145.710 -- -


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 .............
Pittaburg & 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 TIllnois ...........
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 .....................


96,797.127 45.030,443 66.662,688 14,987.492 16.123.022 7,570,004 27.159.562 17.869.750 Western District Total ..............


347,535
715,752
4.251,782
2.138,983
177.522
574.729
3,486.699
1,275.382
220,406
498,939
3.881,263
d 24,926
221.848
29,488,861
8,632,778
d 1.934.701
24.687
6,337.415
301,708
458,577
5,587,449


201,444
453,732
1,886,634
1.780,480
147,320
526.086
3,704.365
d 1,023.918
204,996
455.127
692,016
d 116.870
307,626
d 7.020.338
6,888.942
d 1.736.423
d 83.232
4,056.231
247,708
295.569
3.119.997


139,373
538,076
950,000

182,241
467,072
d 53744

163,576
546,833
d 1.751.035

76.820
1,109.606
8.159.000

105,200
3,290,668
d 12,430

2,430.3761


d 17.066
275.110

d 687.140
100,458
414,188
d 1.541.789

125.486
222,694
d 311.100

208,009
1,035,700
6,767.000

108,432


873.558


180,000

1,688,824

140,000
3.852.095

164,395

1.350.630


9.701.715
4,589,946

2.590,950

305,000
2.596.007


99.606,886 57.349.281 60,329,619 18,299.184 18,516.856 6.209.956 16,733.833


278,941
14,821.124
3,621,743
572.871
916,940
435.324
699,847
2.501.767
4,019,758
150,719
708,963
800,484
24,470,726
d 2, 6.212
5,646.210
d 663,919
3.924.333


U8,738
8,384,990
2,593.372
d 581.144
982,233
141,095
573.744
1.535.111
d 1.770,447
d 12,742
d 4.071.422
556,232
5.303,018
d 2,737.080
5.052.982
d 720.100
2.950.604


291.110
4.143,919
2,694,677
7.150
d 688.500
452,501
386,000
1.514,989
3.989.645
104,500

408,300
742,000

1,993,565
2.477,000


41,915
160.326
1.124,541
8.980
d 176.000
116.499
281,000
626,012

d 118.960

247.500
1,292.000
210,289
923,254

1.472.600o


84,420

209.988

372.357

429,642
1,226.665


126,545
9.875,816

3.077.750

1.330.650


180,000

1.266,618

140.000
3.852.095
140.910

897.539


6,199,724


2.590.950

305,000
2,296,914


5,219,041


85,168

209.988

973.154

429,642


443. 550


Pocahontas Region Total ............ 65,236,100 42,174,020 56.684,633 33,143,682 40,699,065 14,411,860 23,118,883 29,128,446

Atlantic and Danville ................ 22,472 d 60,994 d 22.769 d 67.05 -
Chesapeake and Ohio .................. 38,808,288 25,654.557 31,637,774 17,646,467 18,950,000 3,900,000 12,041,541 18,066,104
Norfolk and Western .................. 18,878.935 10,434,738 18.665,325 10,510.758 15.900,000 6,775,000 8.893.702 8,878,702
Richmond, Fredericksburg and Potomac 1,747.397 1.870.498 1,849,078 1,961,668 1.916,500 1,335,912 620,064 620,064
Virginian ............................ 5,779,008 4.275,221 4.555,.225 3.091.842 3,932.565 2,400,948 1,563,576 1,563,576


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

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


105.213.473 86.547.536 80.195.622 60,295.966 42.991.513 33.061.843 45.084.677 38.833,813


2,397.254
447.860
d 42.375
7,614.737
2,057.985
134.158
4,768.993


1.772.396
426.751
89.943
6,613.557
1,296,004
174,716
3.149.543


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


1.028,000
485.639

400,000

25.000
4.345,000


430,000
439,876

2,825.000

65,000
3,275.000


896.828
359.784
24,636
3.709,306
852,085

1,794,000


896,828
539.766
24,636
3,091.736
1,704,170

1,794,000


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 & Ishpeaing .............
Minneapolis & St. Louis ................
Minneapolis, St. Paul & S. S. Marie ....
Northern Pacific ......................
Spokane International .................
Spokane. Portland and Seattle ..........
Wisconsin Central Railroad Company .....

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 ...................
Sacraamento Northern'* ........*.........
Southern Pacific Co., Inc. Leased Lines
Southern Pacific Transp. System b/ .....
Toledo. Peoria & Western ...............
Union Pacific Incl. Leased Lines .......
Utah...................................
Western Pacific ........................


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


$3.654.580
21,107
2,831.694
185.093
156,245
d 199,420
5,815.580
17,455.557
14,226,972
140,008
913,115
1,284,753
403,018
14.018,757
25.664,968
249,184
76,106


$2,763,074
49.971
1.767.479
450,926

104,199
4.855.083
12,696,024
12.918.455
95.877
2,632,924
976,727
296,623
13,405.592
17,772,924
102,414
277.746


$33,044
57,514


3.974.379
13.194,643
11.073.277
91,708
236,619
1.322,733
334,206
12,268,378
20.928,048
70.259
60.607


$61.921
d 922.142

d 432
3.199,710
8,317.314
9,299.286
42.648
1.880.151
1.014.599
245,123
11,655.118
12;558,478

256,467


$374.464
46,404
155,000


1,770,000
11.308,000
2.651.956
42,550

1.365,000
273.,000
3,703,000
15,567.000


$661,850
81,700



1.747,000
7.016,000
1,444,141
1.019
1,001,866
965,000
111.236
4.433,700
8.545,000

20.955


$24.375



1.625.831
6,936.626
8.775.000
-60.358
767,951

231.360
8,278.236
10,688,301

60.000


$24.375



1,625,831
4.513.663
7,020,000
60.358
767.951

327,762
6.578.081
9.714,656

150,000


241.928.759 180.016,777 217,403,726 157.938.577 114.106.672 84.384.427 97.577.350 102,970.321

47,107.091 23.129.518 34,862.232 8,116.374 17.155.789 6,087,414 27.228.790 30,201.784


1,653.041
2,427.613
6.469.885
d 1.252,535
4.853.761
473,262
74,694
13,858,403
244,047
697,842
876,439
1,419.786
9.933,604
411,774
3.143,547
1.821,928


2,344.378
1,095.348
d 854.848
2.361,635
224,728
d 141.646
9.773.493
160,925
243,396
965,857
382,379
4.551,036
350,.231
2.766,207
1.304,291


1,836,533
4.948,021
d 2,636,693
4,584,335
305,273
d 176,519
13,769,242
277,744
692.231
839,745
850.660
8.811.315
323,561
1.159.836
792.737


d 5.4.90
1.756,551

2,043,737
34,888

9.717,444
127,079
231,453
884,243

3,072.613
258,880
787,805
157.557


1,406,300


3,880,000


6.350.000
282.489
425,000
569,000
100,000
3,060,000
233,000
850,000


1.109.000

-,
864,300


3.125.000
147,410
53,500
548.899


90,000
280,000
d 130.95


633,955
10.901,288



10.465.422
125,000
224,910
560.000
359,552
3.719,565
239,098


3.015.880
457,636
7,716.468



9.398,047
125,000
149,940
5,420,000

3,719,565
199,248


134.327.407 110.728.314 142.062.820 119,911.265 73.823,294 63.995.291 56.728.131 58,818.776


42,130,242
13.160,499
11,197,446
1,016,287
318.536
7.821,140
1.007.715
420,964
75.340
30,302,716
35,716,945
434,161
22,572,209
27,515
3,842,637


35,214.270
15.660.328
10,430,879
672,241
201,332
7,325.284
1.629.003
316.427
d 59,582
21.805.945
25,355.329
467.555
14.462.962
d 202.404
2,804.074


39.921.308
10.189.440
9,216.065
1,008.209
298.790
5.859,091
432.178
439,364

29.977.538
34,368,912
414,465
42,388,048
27,117
2.258.785


32.132,285
12.597,754
9,141,440
666,073
178,830
5.391.765
1.031.973
330,381

21,070,042
23.587.853
443.964
35.455.018
2,201,979


31.513.617
3.985,100
3,603,000
683,420
266.400
4,011,000

458.892

7.851,231
11,778.891
414.463
19.800.000

1,281.000


22,731.000
7,608,618
3,729,000
151,745
84,400
2.262,500
445,612
310.614
6.184
4,796,724
6,465,578
474.280
20.650,000

744.614


15,239,620
5.979.355
4,395.514
339.988
330,000
2,385,210


13.570,683
13.570,683
108.000
13,105.412

1,274,349


15.239,620
5.979.355
5.139.147
339.988
110,000
2.495.493


13.570.683
13.570,683
108.000
13,105,412

2,731,078


o es ern eg on Tota
,........,,, 60, 1


237,314
1.953,738
4,653.381
423.820
3,496,083
149,687
3,860,967
16.201,131
1,613,638
79,300
2.323.315
7.985.156
193.584
5.988.744

5,414,229
615.956
5,557.096
185.099


945,.759
1,441,096
4.369,461
438,115
3.064,491
128,505
4,033.971
11,875,180
918.490
164.,421
1.729.557
5.573,225
218.520
2.955.952
d 273.896
3.549,384
195.131
4,749,299
82.284


357.661
458.867
3,792,193
352.256
3.196.749
161,927
1.962.566
7.559.688
100,255
82,238
1.876.474
5.296.351
177.745
5.739.745

4.321.374
615,556
4,852.659
130.350


1,046.341

3.282.139
367.968
2.806,964
153.439
2,174,349
3.928,002

173.917
1.265.795
2.768,049
207.306
6.472,988

2,447.811
194,781
3,630.003
11.686


96,925

3,721,000
288,359
2.292,000
132.534
347,000
200,000
d 36.564

115.613
3,059.151
183.349
6,030,913

3.927.660

2.549,000
147.000


79.000
d_ 26.000
3,118,800
278,948
1,752.286
69.821
d 2,000
d 412.248
d 159.000
141,437
48.000
416,000
197.379
5.173.925

1,668.854

1,936,000
20,520


2.923.196
265.797

1,667,512



5.049,234

1,853,240

300,000
1.561.450


.0. J a _______ L L ______ .1, ______j ______ .1 ______ .L ______ .1, ______ 1 ______


1.948,797
265.794

1.667.512



6.377,968

1,853.240

275,000
1,561,450


a/ Includes Atchison, Topeka & Santa Fe Ry., Oulf, 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 : 1955 0 3603ZO (4)


Page 2


443,412
702,272
5.334.539
4,306,.493
171,407
619.879
7,673,.589
3,695,963
211,028
597.055
5.379.692
259.999
239.209
40.629,773
11.795,129
d 1,081.968
280,.398
7,444,030
537,129
709.192
6,848.907


302,094
450.583
3,013,171
3,648.503
147,184
565.275
7,453.591
1,308,427
195.920
564,816
2,609,934
162,372
323.847
5,347.568
9,492.056
d 883.073
124,271
4,600,292
383,680
557.698
4,662.234


359,340
24,259,199
3.766,205
2,815.811
2,237.470
488,918
1,131.361
2.701,461
4,026,638
462,806
1.121,613
848.617
44,387,826

8,154,620
d 363.984
5,256.3-47


186,252
19.332,881
2.752.523
1.667,431
1.988.031
197,691
1,028,096
1.784.791

d 2.657.487
536,957
22,516,718
d 2.176.554

d 415.443
4.394.448


1,929,864
486,867
d 277.993
6.815,196
3.104,464
342,582
5,715,176


1.371.452
429,906
60.489
6,915.286
2,252,552
396.574
4,072.360


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3.07.53









Subject to revision


UlwmvMtN IY OF FLORIDA


31262 088513436 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 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


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 cherzes ...................
Other Deductions ..................................
Net income ...................................
Depreciation (Way and structures and Equiement) ...
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


.. 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 V ....................
6-03. Amortization of discount on funded debt ...
6-04 Total fixed charges ..................
7. Income after fixed charges ...................
S. Other Deductions ..................... ..............
9. Net income ...................................
D. Depreciation (Way and structures and Equipment; ...
1. Federal income taxes ..............................

2. Dividend appropriations:
12-01. On common stock ..........................
12-02. On preferred stock .......................
Ratio of Income to fixed charges (Item 5-46-04)


Selected Expenditure and Asset Items


S M-15







SLJ..EC 1955


V:9


UNITED STATES


EASTERN DISTRICT


POCAHONT)RCRE.ION


For the month of August For the eight months of For the month of August or the eight months of o the month f August nt f


4109 723 192
19 963 513
129 686 705

4 308 6 50
125 378 055

5 137 911
26188 783
264 488
31 591 182
93 786 873
3 177 915
90 608 958

44 670 4 50
48 512 325

29 344 107
4 537 038
3.97


1955 1954


1955


1954


1955


5 1- 1 1 5 1 7 r 1


$84 122 314
19 656 414
103 778 788

3 543 270
100235458

5 031 218
26 425 463
265 845
31 722 526
68 512 932
2 979 538
65 533 394
44 212 918
19 998 880

21 871 14 6
4 536 959
3.16
3.16


$732 547 088
158 541 06 3
891088 151

32645392
858 442 759
40695243
209 405 220
1970 879
252 071 342
606 371 417
25 748 86 5
580 622 552

354 834 939
282 503 740

208 227 025
38 341 146

3.41


$500 672 196
156 599 395
657 271 591
30304362
626967229
40 540 236
212 528581
1931190
255 000 007
371967222
23 229 041
348 738 181

350 588 907
166 722 991

169 035 025
53 793530
2.46


$31 240 3 55
5 856 317
37 096 672

1105 640
35 991 032

4 197 4 15
10 633 409
85 766
14 916 590
21 074 442
1 585 247
19 489 195

16 150 4 16
6 317 188

3 752 4 74
418 922

2.41


$23 786 577
5 535 796
29 322 373

5 20 3 7
28 730 336

4 057 551
10 859 666
86 984
15 044 201
13 686 135
1 359 853
12 326 282
16 206 482
444 217

1 0 1 329
413 46'3

1.91


S141 685 919
54 853 416
296 539 335

9 906182
286 633 153
32621889
65 220119
602684
118 444 692
168 188 461
12 969 652
155 218 809
128 932 03 5
42 511 353

41 170 765
9 906 747

2.42


$131 598 127
53 377425
184 975 5 52

8 607 361
176 368 191

32 634 366
87 902 362
629 408
121 166 136
b5 202 055
11049 212
44 152 843

129 382 784
15 310 198

16 027 120
10 965 542

1.46


811 482 445
220 2 79
11 702 724

49 8 50
11652 874

7441
1322 047
12 6 33
1 542 121
10 310 753
10 310 753

3 226 913
9 791 1 10

10 951 474
1 772 9 56

8.68


$8 109 985
222 806
8 332 791
374 525
7 958266

7162
1 389 868
14 030
1 411060
6 547 206

6 547 206

3 216 148
3 929 500

5 001 066
1 676 775
5.64


576 718 545
1977 541
78 696 086
809 767
77 88631 9

65 675
10 723 967
101 291
10890 933
66 995 366
66 995 386
25 821 576
50 490 575

33 424 238
2 419 075
7.15


b50 284 005
3 474 397
53 758 402

2 740 236
51018 166
60 5 89
11155 640
111 051
11327280
39 690 886
12
39 690 88b

25 672 523
18 341360

33 302 2 55
2 504 032
4.50


EASTERN DITRICL


lA5 I CLU4DMI a Alh l;I
POCAHOnNTq r.n


SOUTHERN REGION


WESTERN DISTRICT


tNsi aTAS t REU.ION II ______________________________________________________
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


1955


342 722 800
6 076 596
48 799 396

1155 490
47 643 906
4 204 856
11 955 4 56
98 399
16258 711
31385 195
1 585247
29 799 948

19 277 329
16108 698

14 703 9 48
2 191 878
2.93


1955


r r 7 1 1 4 1


$31 896 562
5 758 602
37 655 164

966 562
36 688 602
4104 713
12 249 534
101 014
16455261
20 233 341
1 359 853
18873488
19 422 630
4 373 717

6 092 395
2 090 238
2.23


:318 404,46 4
56 830 957
375 235 421
10 715 949
364 519 472
32 687 564
95 944 086
703 975
129 335 625
235183847
12 969 652
222 214 195

154 753 611
93 001 928

74 595 003
12 325 822

2.82


$181 882 132
56 851 822
238 733 954
11347597
227 386 3 57

32 694 955
99 058 002
740 459
132 493 416
94 892 941
11049 210
83 843 731
155 055 307
33 651 5 56

49 329 375
13469574
1.72


817 406 397
1 587 673
18 994 070
731 681
18 262 369

603 888
4 009 806
30 846
4 844 540
13 417 849
261320
13 156 S 29

6 218 091
6393677

576 431
354 2 98
3.77


F12 565 216
1 504 709
14 069 9 25

671 287
13 398 638

800 536
4 082 455
21 854
4 904 845
8 493 793
264 318
8 229 475

6 268 479
4 322 765

1 813 173
1
2.73


$122 619 870
15 806 300
138 426 170

3 528 768
134 897 402

6735662
32 468 12 2
249 881
39 453 66 5
95 443 737
2?0915866
93 352 151

49 972 77 9
49 385 190

41515 755
4 499 651
3.42


$99 112 752
13 815 348
112 928 100

2 764 168
110 163 932
6 587092
32773688
175 006
39 535 786
70 628 146
2 102 705
68 525 441

50 053 203
37 384208

34 530 830
6116157
2.79


$49 593 995
12 299 244
61 893 2 39

2 4214 79
59 471 760

129 167
10 223 b 21
135 243
10 487 931
48 983 829
1 231 348
47 652 481
18 975 030
26 009 9 50

14 063 728
1 990 862
5.67


$39 660 536
12 393 103
52 053 639

1 905 421
50 148 218

125 969
10093474
142 977
10 362 420
39 785 798
1 355367
38 430 431

18 521 809
11 302 798

13 965 578
2 446 720
4.84


l291 522 754
85 903 806
377 426 560

18 400 675
359 025 885

1 272 017
80 993 012
1017 023
83 282 052
275 743 833
10687627
265 056 206

150108 549
140 116 622

92 116 26 7
21515 673
4.31


1954


?219 677 312
65 932 225
305 609 537
16192 597
289 416 940

1256189
80 696 891
1 015 725
82 970 805
206 446 135
10077126
196 369 009

145 480 397
95687225

851748 620
34 207799
3.49


F S __________ __________ ___________ -__________ ___________ -


UNITED STATES

Balance at the end of August


Selected Liability Items


__________________________________ I. +


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
3p. Total current assets (items 21 to 31)


$183,568,686

331,981,639
421,187,336
96,730,398


882,054,212
1,082,082,161
68,307,076
4,493,399
71,550,548
178,317,457
272,462,438
669,816,536
17,677,001
262,749,963
26,814,859


3,536,325,650


$202,950,618
384,537,152

402,868,145
91,913.578


- +


819,420,559
794,559,876
81,698,761
216,691
63,475,995
151,109,885
299,419,711
767,669,110
16,324,140
211,231,995
28,314,888


3,233,441,611


40. Funded debt maturing within 6 months 2/


Loans and bills payable J/
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


UNITED STATES

Balance at the end of August


$176,945,497


27,269,117
102,686.462
436,614,481
186,599,051
21,606,356
10,613,263
81,185,808
53,230,201
251,188,172
569,023,061
88,628,689
1,828,644,661


363,229,461
205,793,600
266,779,883


$150,766,458


9,839,243
113,681,936
466,442,667
205,155,711
22,899,607
9,663,431
82,528,881
63,554,021
259,536,741
638,450,268
114,429,037

1,986,181,543


429,175,946
209,274,322
405,148,057


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


Period


Reported showing
Net Inoome

Number Amount


Reports showing
Net Deficit

Number Amount


August 1955 106 $93,757,605 16 $3.148,647
August 1954 102 68,272,021 20 2,738,627
8 months 1955 105 593,110,234 17 12,487,682
8 months 1954 93 385,708,564 29 36,970,383


* Excludes 4 roads whose net income (or deficit; was
absorbed by the cor.trolling company.


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


w/


-r


-t-


i


3.. = .. -- -- I 1 1 11


^-


1093S,- 1;.54








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


FOR THE EIGHT MONTHS RENDI AUGUST 1955 AND 1954


Page 2


NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND NET RAILWAY OPERATING NET INCOME FEDERAL INCOME DIVIDIIND
INCOME TAXES APPROPRIATIONS INCOME TA ES APPROPRIATIONS
Region and railway Region and railway

1955 1954 1955 1954 1955 1954 1955 195 1955 1954 1955 1954 1955 1954 1955 1954


United States Tot ,991


$246,568,171 $222,828.555 Southern Region Continued


Eastern District Total ............. 241,685.919 131.598,127 155,218.809 44.152,843 42,511.353 15,310,198 51,077.512 26,992,662

Eastern District Incl. Pocahontas
Region Total .................... 318.404,464 181,882,132 222,214,195 83.843,731 93.001,928 33,651.558 86,920,825 62,798,949

New England Region Total ........... 15,807,077 6,966,615 9,522,807 d 734,166 1,818,404 995,460 3,012,721 2,399,079

Bangor and Aroostook .................. 1,920,092 1,766,998 753,197 787.752 201,010 405,023 494,788 143,550
Boston and Maine ..................... .4,.162,241 121.997 1,886,789 d 2.415.038 1.323.795 190,932 721,276
Canadian National Lines in New England d 876,806 d 1,209,811 d 973.940 d 1.306.251 -
Canadian Pacific Lines in Maine ...... 302,169 328,392 -
Canadian Pacific Lines in Vermont .... d 551.029 d 478.901 -
Central Vermont ...................... 391.167 138,541 d 701.041 d 954.918 -
Maine Central ......................... 1,507,774 1,333,777 720.819 567,454 662,566 175,505 60,233 60,233
New York Connecting ................... 522,078 461,957 58.265 35.592 3,465 -
New York. Now Haven and Hartford ..... 8,305.502 4,635,616 7,640,543 2,685,930 d 372,432 224,000 2.457.700 1,474,020
Rutland .............................. 123.,889 d 131.951 138,175 d 134.687 -- -

Great Lakes Region Total .......... 110,916,698 53,999,374 75.568,594 18,795.425 19,373.571 7.598.763 30,912,036 18.954.836

Ann Arbor ............................ 518,142 356,493 409,265 242,.22 178,403 d 8.856 -
Cambria and Indiana ................... 829,500 503.168 845.390 506,915 641.037 304,119 180,000 180,000
Jelaware and Hudson ................... 6,398,765 3,788,129 5.165.490 2,519.449 1.250.000 2,062,960 -
Delaware, Lackawanna and Western ..... 3.547.139 4,060,195 981,472 1,822,607 100,000 d 933.881 1,688,824 1,266.618
Detroit and Mackinac .................. 197,618 182,402 204,.773 183,842 212.544 132,860 -
Detroit and Toledo Shore Line ........ 709.111 620.114 656,883 574.752 533.862 446,867 160,000 160,000
Lrie .................................. 8,658,581 8,400,104 3,872,175 4,094.,143 d 1.098.844 d 2.641.769 4,770,923 4,770,924
Grand Trunk Western ................... 4.133.846 1,057.358 1,356,392 d 1.618.924 d 1.152 -
Lehigh and Hudson River ............... 217.537 225,824 228.037 235.344 165.405 140,624 164.395 140.910
Lehigh and New England ................ 657,911 628,714 546.289 502,749 600,787 276,942 -
Lehigh Valley ......................... 5,467,679 3,119,261 3,715,163 933,848 d 1.751,035 d 411,100 1,350,630 897.539
Monongahela ........................... 309,256 179,210 d 16.950 d 141,299 -
Montour ................................. 293,598 346,849 274,049 328.233 116,547 200,989-
New York Central ...................... 48,020,802 8,712,398 34.531,222 d 6.191.588 1,290,100 1,180,560 9,701,715-
New York, Chicago and St. Louis ...... 13,935,322 11,072,359 10,306,446 8,139,375 9,913,000 7,837,000 4,589,946 6,193.481
New York, Ontario and Western.. ...... d 1.253.342 d 1.006.525 d 2.227.119 d 1.982.850 -
New York, Susquehanna and Western .... 253,037 169,346 d 36.483 d 78.836 105.200 -
Pittsburgh and Lake Erie ................ 8,611,44 5,177,729 7.313.768 4,573,069 3,919,050 62,943 2,590,950 2,590,950
Pittcburg & Shawmut ................... 645,143 411,992 376,418 256,521 d 15.350 -
Pittsburgh and West Virginia ......... 855,142 679,560 568,729 379,364 345,477 d 3.536 457,500 457,500
Wabash ................................ 7,910,467 5,314,694 6,497.185 3.516,489 2.868.490 1,015,001 3.194.193 2,296,914

Central Eastern Region Total ....... 114,962,144 70.632,138 70,127,408 26,091,584 21.319,378 6,715.975 17.152,755 5.638.747

Akron, Canton and Youngstown ......... 402,100 203.442 305.963 124,828 330,438 35,937 84,420 85,168
Baltimore and Ohio .................... 27,675,967 22,203,933 16,860,514 9,616,020 4,161,919 d 58.674 -
Besseaner and Lake Erie ................. 4.671,020 3.275,302 4,506,083 3.092,587 3.548,700 1.479,263 209,988 209,988
Central R. R. Co. of New Jersey ...... 3,134,239 2,056.284 630,552 d 545,986 8,314 10,269 -
Chicago & Eastern Illinois ........... 2,605,725 2,220,772 1,099.046 1.079,80L d 731.000 d 251.000 371,573 973,154
Chicago & Illinois Midland ............ 572,299 296,345 510.527 230,815 531.970 213,699 -
Chicago, Ind!-onpolls and Louisville 1,306,252 1,156,914 816,278 640,992 458,000 305,000 429,642 429,642
Letroit, Toledo and Ironton ........... 3,072,367 1,937,847 2,832,193 1,655,457 1,547.385 607,026 1,226,665 -
Elgin, Joliet and eastern ............. 4.,660,475 d 919.763 4,664,413 d 1.020.788 4.590,506 -
Illinois Terminal ..................... 317,532 400,602 d 38.568 20.365 433.570 d 173.703
Long Island ........................... 1,345,833 d 2.215.324 860,926 d 3.641.156 -
Miseouri-Illinoil ....................... 985,360 690.363 941,937 712.203 487,000 247,500 126,545
Pennsylvania ......................... 51,237,685 28,277,429 28,505,285 8,604,629 848,000 1,334,000 9,875,816 -
Pennsylvania-Reading Seashore Lines .. d 2.221.999 d L2295.352 d 2.826.299 d 2,935,952 240,330 -
Reading ............................... 9,353,145 8,732,349 6,480,602 5,850,605 2,073,576 1,005,228 3,497.456 3,497,245
Staten Island Rapid Transit .......... d 404,618 d 469,190 d 748.113 d 817.925 -
Wectern Maryland ..................... 6,248,762 5.080,185 4,726,169 3,425,088 3.031.000 1,721,100 1 1,330.650 443,550

Pocahontas Region Total ............ 76,718,545 50,284,005 66,995.386 39,690.888 50,490.575 18,341,360 35,843.313 35,806,287

Atlantic and Danville ................ 545 d 76.49 d 51.268 d 88.928 -
Che-apeake and Ohio .................. 45,074,844 30,369,479 36,929,950 21,022,230 24,000,000 5,350,000 18,087,434 18,065.408
Norfolk and Western ................... 22,569,508 12,859,561 22,318b,872 12,883,894 19,300,000 8,600,000 13,113.151 13,098,151
Richmond, Fredericksburg and Potomac 1,929,407 2.074,496 2,047,046 2,178,562 2,112,500 1,461,912 620,064 620,064
Virginian ............................ 7,144,241 5.056.928 5,750,786 3.695.130 5.078,075 2.929,448 4,022,664 4,022,664


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

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


68,525,441


49,385,190


37.384,208


46,015.406


4 4 1 L 3 .3.


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


1,968,067
488,940
94,091
7,196,451
1.488.947
182,689
3,786,761


1,188,000
557,035

d 400.000

50,000
4,835,000


500,000
508,715

2,025,000

65,000
3,605,000


896,828
359,784
24,636
3,709.306
852,085

1,794,000


40.646.987


896.828
539.766
24,636
3.091.736
1,704.170

1.794,000


.1 1 L 5 .5. L 3. .1 J S .5. .5. .5.
8/ Includes Atchison, Topeka & Santa Pa Np., Gulf, Colorado & Santa Pa Hp. and Ponhandle & Sanin Fe Ny.


Clinchfield ............................
Columbus and Greenville ................
Florida East Coast ** ..................
Georgia R. B. 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 Ry. 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 Shoro 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 Bailroad Company .....


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

Atchison, Topeka and Santa ?ae / .......
Chicago, Burlington & Quincy ...........
Chicago, Bock Inland and Pacific .......
Colorado and Southern ..................
Colorado & Wyoming .....................
Denver and lRio Grande Western ..........
Fort Worth and Denver ..................
Northwestern Pacific ...................
Sacramento Northern** ..................
Southern Pacific Co., Inc. Leased Lines
Southern Pacific Transp. System b/ .....
Toledo, Peoria & Western ...............
Union Pacific Incl. Leased Lines .......
Utah ...................................
Wetern Pacific ........................


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

Beaumont, Sour Lake & Western**ee ........
International-Great Northern** .........
anseas City Southern ...................
Kmansas, Oklahoma f Gulf ................
Louisiana & Arkansas ...................
Midland Valley .........................
Mlssourl-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 ...........................


$4,442,120
20,962
3.035.876
354,534
218,725
d 189.182
6,545,749
20.372,058
17,224,903
168,073
1,249,219
1,564,058
461.352
16,026,585
29,840,278
306,419
117,529


$3.517.391
47,741
1,258,296
549.638
d 90.065
117,792
5,576.317
14,989,811
14,638,741
130,566
3,004,382
1,106,059
346,349
15,191,689
20,622,515
126.505
301,107


$33,763
d 124.161

d 471.997
d 398,416
4,504.385
15.518,818
13.805,949
113,516
470,044
1.611,018
383.489
14,018,330
24,238,912
101,679
96,638


$58,987
i 1.815.368

d 774.539
d 57.827
3,698,631
9,975,376
10,644,546
70,776
2,108,490
1,145.037
285,793
13,194,251
14.570,452
d 58.898
273.788


$427,959
54,604



2,094,000
12,877,000
4,410,564
62,227
d 468.309
1,625,000
312,000
4,048,000
17,712,000
110


$657.706
82,000
-i



2,039,000
8.497,000
2,005,692
15.306
1,108,253
1,065,000
111,236
4.839,700
10,235,000

27,100


$24,375



2,438,746
6.936.626
8,775,000
60.358
767.951

347,040
8,280,369
10,688.302

60,000


1 3 + 4 + 6 4


291,522.754 219,677,312


265.056,206 196,369.oo009


140,116,622


$24,375



1,625,831
6.211,136
7,020,000
60,358
767,951

443,442
6,578,099
9,714,659

150.000


95,687,225 113,631,940 119,382.619


i -I-I 4 I 6I


62.671,086


36,169,602


51,168.276


21,302,079


24.981,170


9,711,353


27.501.895 30,201,784


i i i i i i i_ 44-4 4 ~


3.734,798
2,802,308
9,076,424
d 983.226
6,898.597
497,C73
114,684
17,629.030
278,024
993.309
1,186,339
1,912,592
11,614,749
479,207
4,069,996
2,366,582


d 1i.36.x00
2,699,483
3,368,747
d 565.103
3.933.263
274,332
d 143.713
13,127,489
159,651
410,033
1,207,302
1,497,388
6,270,843
407,030
3,495.999
1,363,158


135.560
2,127,.257
6,994.705
d 2.561.277
6,592,179
311.582
d 172,697
18,987,094
310,981
989,601
1,137,169
1,261,487
11,680,539
378,276
1,804,355
1,191,465


d 4.852.967
2,031,104
d 1.101.694
d 2.165,940
3.573,199
64,153
d 431.597
14.263,953
113,033
395,810
1,109,651
951.282
5.829.994
303,008
1,229,494
79,596


1,622,300
250,000

6,021,700


9,600,000
321,204
713,700
882,000
430,000
3,840,000
293,000
1,007,266


1,297,000


2.459.300


4,810,000
144,381
102,000
733.899

108,000
187,468
d 130,695


633,955
10,901,288



10,465.422
125,000
224,910
833,105
359.552
3,719,565
239,098


+ 6 4 + + + 4 4-


159,223,111 129,708,357


167,135,411 140,478,464


88,339,550


69,803.333


i i i i i4+ ++ 4


48,554,409
16,004,885
13,273,681
1,058.733
402.2o04
9,208,595
1,240,127
704,405
101,885
35,253.136
41,236,014
493,705
28,474,707
38,618
4,414,021


69,628.557

365,935
2,290,243
5,326,258
505.969
4,042,114
192,805
4,416,022
19,034,446
1,839.974
86.484
2,622,254
9,092,143
210.686
7,052,164
d 586.957
5.982,878
698,244
6,249,252
207,643


40.383,839
17,745.405
12,631,444
821,655
260.097
8,669,184
1,857,602
541.058
32,861
25,983.130
30,017,761
513.576
17,127,696
d 179,022
3.319.832


53.799,353
1,105,146
1,647.506
5,034.778
489,680
3,436,432
148,066
4,762,590
14,210,069
1,161,200
176,239
1,994,680
6,550,076
271,052
3,667.434
d 312.066
4,034,631
216,466
5,134,692
70,682


45,979,229
12,612,139
10,912,339
1,049,857
380,072
7.003,765
570,476
725,244
d 405.887
34,.774.384
39.586,192
469,261
50,445.629
38,311
2,580.592


46.752.519

502,278
581,179
4,332,491
424,665
3,711.465
197,644
2,240,483
8,988,643
107,613
90,001
2,130,833
5,980.549
192,286
6,781.689
d 717.272
4,731,808
697,844
5.634,471
143,849


37,009,344
14,223,837
11,165.275
812,599
234,648
6,423,332
1,173,118
557,677
d 493.836
25,125,402
27.964,464
485,786
41.306,446
d 186.921
2,641,757


34.588,466

1,219.576
d 23.781
3.760,953
408,554
3,131,551
163,636
2,630.997
4,936.793
d 579.602
186.372
1,448,477
3,307,010
258,264
7,132,181
d 450,597
2,759,063
216,116
4,094,591
d 11.688


35.664,568
5,562,200
4.579,000
672,481
345,900
4,847,400
12,566
779.525

9,059,614
13,134,897
469,260
24,800,000
30,636
1,516,400


26.795.902

128,925

4,270,000
336,216
2,689.000
148,294
275,000
600,000
d 35.565
77,129
254.613
3,505.151
200.349
7,218.507

4,075,283

2,892,000
161,000


23,653,000
8,332,312
3,411,000
223.367
136,200
2,953.500
498,921
556,055
6,184
6,096,593
8,038,659
519,587
22,500,000

916,614


16.172.539

79.000

3,582,400
311,922
1,963,286
78.164
40,000
d 412.248

151,628
48,000
528.000
253,379
5.642,422

1,942,066

2.313.000
4,520


3,015,880
457,636
7,716,468



9,398,047
125,000
149,940
5,420,000

3.719.565
199,248


72.509.616 74,256,675


15,239,620
5.979,355
4.395.514
339,988
330,000
3,833,216


20,356,025
20,356,025
108,000
20,653,549

1,274,349


13,620,429



2,923,196
265.797


1,667.512




5,049,234
1,853,240

300,000
1,561,450


15,239,620
5.979.355
5,139,147
339,988
110,000
3,599.913


20.356,025
20,356,025
108,000
20,653,549

2,731,078


14,924,160



2,923,196
265,794


1,667,512



6,377.968

1,853,240


275,000
1,561,450


a/ Includes Atchison, Topeka & Santa Fe Ry., Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe RBy.
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 : 1955 0 3603Z0 (5)


99,112,752


93,352,151


222,619,870


2,225,668
557.197
d 51,3.877
7,747,784
3,393.852
457,931
6,532,057


1,586,010
492,958
59,697
7.668,051
2,588,547
4,5.297
4.847,358


2,679.735
517,393
d 16,092
8,404,808
2,208,687
220,098
5,435.557


-t-


-j









Subject to revision


3 1262VERST 0885OF1 34OR44A


3 1262 08851 3444


INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


Statement No. M-125
SEPTEMBER 1955


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

Compiled from 126 reports (Form IBS) representing 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNITED STATES EASTERN DISTRICT POCAHONTAS REGION

Income Items For the month of September For the nine months of For the month of September For the nine months of For the month of September For the nine months of

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


1. Net railway operating income ...................... $103 764 554 S80 248 864 836 311 6428580 921 061 $30 445 719 $20 963 512 $272 131 6 38 152 561 640 $11 135 995 $7 830 237 $87 854 540 58 114242
Other income .............................. ........ 17445386 17969 2 4 9 175986450 174568644 5892306 6454298 60745722 59831723 267810 382286 2245351 3856683
3. Total income....................... ......... 121 209 940 98 218 1131 012 298 092 755 489705 36 338 025 27 417 810 332877 360 212 393 363 11 403 805 8 212 523 90099 891 61970 925
4. 4scllaneoua deductionsrom Income 4572365 4150422 37217758 34454785 982054 1089159 10888236 9696520 28477 374069 838244 3114305
5. Income availableductions for fixomed incomrge..............116 637 575 94067691 975080334 721034920 35355 971 26 328 651 321989 124 202696843 11375 328 7838454 89261647 58 856620
6. e enfor leased roads nd equipchargesment 5222538 5069570 45917782 45609807 4203036 4038684 36824926 36673051 7379 7430 73054 68019

6-02. Interest deductions / .................... 25925827 26301816 235331047 238830396 10577818 10787992 95797937 98690353 1323473 1385706 12047440 12541 346
6-0.Amortization of discount on.fundeddebt... 246882 266377 2217761 2197566 74912 96556 677596 725963 12633 14046 113924 125097
6-. Totaltion xedchrgesount on funded debt ... 31395247 31637763 283466590 286637769 14855766 14923232 133300459 136089367 1343485 1407182 12234418 12734462

7. Income afterfixed charges ................... 85242328 62429928 691613744 434397151 20500205 11405419 188688665 66607476 10031843 6431272 77027229 46122158
8. Other Deductions 5.................................. 5645860 2901794 31394726 26130835 1575208 1376467 14544861 12425679 d 2
9. Net income .................................... 79596468 59528134 660219018 408 266316 18924997 10028952 174143804 54181797 10031 843 6 431 272 77027 229 46122160
10. Depreciation (Way and structures and Equipment) ... 44746 702 43730 891 399 581642 394 319796 16169 240 16174 134 145101276 145 556917 3191 593 3 213871 29013169 28886394
11. Federal Income taxes .............................. 44464555 18528551 326968295 165251542 6608467 924878 49119820 16235076 8655580 3821500 59146155 22162 860

12 Dividendappropratonstock.......................... 17406295 17732463 225632956 186767488 2620021 2651681 43990786 18678801 413311 310358 33837549 33612613
12-02. On preferred stock. ...................... 1027685 2510355 39368832 56303886 149988 887299 10056735 11852841 15204 10201 2434279 2514233
Ratio of income to fixed charges (Item 5-6-04) 3.72 2.97 3.44 2.52 2.38 1.76 2.42 1.49 8.47 5.57 7.30 4.62

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

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


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 (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
2R. 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)


8359 986178
62 991 073
422 977 251

11 726 480
411 250 771

36897980
107 845 377
791520
145 534 877
265 715 894
14 544 861
251 171 033

174 114 44 5
108 265 975

77 828 335
12 491 01 4

2.83


$210 675 882
63688406
274 364 288

12 810 82 5
261 553 463
36 741070
1111231 699
851 060
148 823 829
112 729 634
12 425 677
100 303 957
174 443 311
38 397936

52 291414
14367074

1.76


3166 59 929
1 785 703
18 445 632

590484
17 855 148

893 061
3 981 782
31 957
4 906 800
12 948 348
261 2 76
12 687 072
6 413 343
6 626 963


3885

3.64


$12 948 826
1 707 333
14 656 159

724 290
13 931 869

899 745
4 042 172
23 678
4 965 595
8 966 274
264 288
8 701 986
6 285 834
3 543 473

119 948
3 885
2.81


$139 279 799
17 592 003
156 871802

4 119 252
152 752 550
7628723
36 449 904
281838
44 360 46 5
108 392 085
2 352 862
106 039 223
56 386 122
56 212153

41515 755
4 503 536

3.44


$112 061578
15 522 681
127 584 2 59

3 488 4 58
124 095 801
7 486 837
36 815 860
198 6 84
44 501 381
79 594 420
2 366 993
77 227427

56 339 037
40927681

34 650778
6 120 042

2.79


$45 522 911
9 499 567
55 022 478

2 971 350
52 051 128

119 062
10042 754
127 380
10 289 196
41 761 932
3 809 376
37 952 556
18 972 526
22 373 545

14 172 963
858 608

5.06


$38 506 289
9425 332
47 931 621
1962 904
45 968 717

123 711
10 085 946
132 097
10 341 754
35 626 963
1 261 039
34 365 924

18 057 052
10 238 700

14 650 476
1 608 970
4.44


$337 045 66 5
95 403 374
432 44903 9
21 372 026
411 077 013

1 391 079
91035 766
1144403
93 571 248
317 505 765
14 497 003
303 008 762
169 081 075
162 490 167

106 288 866
22 374 282

4.39


4 -~ _________ _________ ~1i


Selected Liability Items


UNITED STATES

Balance at the end ofSeptember


i I* I* I I


40. Funded debt maturing within 6 months 2/.


Loans and bills payable V/
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 ...... --....----


$ 186,894,687


11,830,905
116,502,703
455,071,653
209,281,986
41,414,831
22,223,699
75,139,274
16,436,512
267,440,873
685,865,298
113,364,235


2 014 571 969


465,935,135
219,930,163
395,514,629


$175,954,870


24,235,234
100,690,315
436,889,330
202,700,149
39,277,618
22,331.959
74,623,299
17,608,630
231,673,358
581,639,103
154,077,475


7 885,746,470


373,053,680
208,585,423
266,038,121


4258 183 601
95357557
353 541 1 58
18155 502
335 385 6 56

1 381900
90 782 837
1147822
93 312 5 59
"L42 073 097
11338165
230734 932

163 537448
105 925 925

99 825 296
35 816 770
3.59


ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS *


Period


Reported showing
Net Income


Number Amount


Reports showing
Net Deficit


Number Amount


September 1955 104 $83,824,995 18 $4,228,527
September 1954 94 64,849,693 28 5,321,559
9 months 195 107 674,322,140 15 14,103,122
9 months 1954 92 446,189,010 30 37,922,694


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


m _______ ________________________________ ________ I _______ A _________________________________


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


941 581 714
6160116
47 741 830

1 010 531
46 731 2 99
4 210 415
11 901 291
87 545
16 199 2 51
30 532 048
1 575 208
28 956 840

19 360 833
15 264 047

3233332
165 192

2.88


$208793 749
6 836 584
35 630 333

1463228
34 167 105

4 046 114
12 173 698
110 602
16 330 414
17 836 691
1 376 467
16 460 224

19 388 005
4 746 378

2 962 039
897 500

2.09


UNITED STATES

Balance at the end OfSeptember
1955 r 1954


$212,365,931

384,682,865
417,551,803
98,259,484


$226,486,392

420,500,035

405,900,671
95,217,073


846,537,321
806,156,002
137,935,591
220,723
62,053,596
153,421,696
302,346,014
749,377,655
12,790,843
214,031,137
28,193,383


3,313,063,961


888,749,219
1,156,800,101
78,284,209
4,639,469
70,807,366
178,276,747
274,778,707
661,023,776
12,046,030
254,431,325
24,947,525
3,604,784,474


I


I I


-I-


, ,
,


14.


J-1









INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

mOR ITn IN MOTYS OVGDD SEDPTMBVR 1955 AND 1954


Page 2


MET RAILVA-7 OPEEATIRG ZW IICOMB mlRtL INCOME DIV:DEND MET RAILVAT OPERATING NW INCONA FEDERAL INC0KE DITIDEND
INCONS T ABS APPROPHATIOIS II00KE TAUS APPROPRIATIOSS
Begin and railway Begion and railway
1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 199

United states Total ................ $836 311 662 $580 921 061 $660 219 018 $408 266 316 $3 d


Eastern Distriot Total ............. 272.131.638 152.561,640 174,143,804 54.181.797 49,119,820 16.235,076 54,047.521 30,531,642

Eastern District Inol. Pocahontas
ison Tottl .................... 359,986,178 210,675,882 251,171.033 100,303.957 108,265,975 38,397.936 90,319.349 66,658,488
New England Region Total ........... 17,890,208 6,822,159 10,491,198 d 1.251.921 2,135,525 380,227 3,012,721 3.136,389
Bangor and Aroostook ................. 2,113,438 1,726.549 785,749 613.811 145.652 164,906 494.788 143.550
Boston and Maine ..................... 4,965,126 123,992 2,352,530 4 2.744.820 1.585,203 197,087 721,276
Canadian National Lines in New gland 4 976.467 d 1.312.817 d 1.085.874 d 1.422.480 -
Canadian Pacific Lines in Maine ...... 285,016 275,320 -
Canadian Pacific Lines in Vermont .... d 665,787 d 570,733 -
Central Vermont .................... 271.979 129,977 d 956.662 d 1.100.502 -
Maine Central ........................ 1,681,610 1,154.377 799,831 297,218 753.637 181,583 60,233 60,233
Nov York Connecting .................. 547,743 450,005 29,992 d 29.583 3.465 -
Inw York, Nev Taven and artford ..... 9.510.599 4,.973,410 8,393,152 3.263.659 4 352.412 4 163.49 2.457.700 2,211.330
Rutland .............................. 156,951 4 127.901 172,480 d 129.224 -

Great lakes Rewion Total ........... 124,094,.896 62,710,004 84,092,773 22.567,986 22,785,071 8,388.259 32,441.445 20,849.587
Ann Arbor ............................ 573,066 416,586 451,801 288,174 217,853 d 440 -
Cambria and Indiana .................. 928,969 568,919 947,579 574,133 718,099 346,129 300,000 240,000
Delaware and nHdson .................. 7,523,200 4,492.132 6,140,908 3,058,235 1,650.000 2,062,960 -
-Delaware. Lackavanna and Western ..... 2,742,021 4,543,208 85,951 2,204,128 200,000 d 1.029. 1,688,824 1,266,618
Detroit and Mackinac ................. 222,576 201.103 228,486 204,634 236,402 144.566 -
Detroit and Toledo Shore Line ........ 752.956 651,618 694,255 600,190 552,140 452,216 180,000 180,000
rie ................................. 9,7?25.900 9,271,028 4,328,066 4,407.123 1.487.295 4 3.275.842 4,770,938 4,770,938
Grand Trunk Western ................... 3,843,425 200.823 715,615 a 2.820.874 1 1.441 -
Lehigh and Hudaon River .............. 237,545 255.715 249.511 266,272 178,318 145,946 258.335 211,365
Lehigh and I w England ............... 783,866 720,186 659,972 578,340 716,002 361,490 -
Lehigh Valley ........................ 6,456.770 3.734,214 4.427,333 1.257,454d 1.751.035 a 511.100 1.350.630 1.346.340
Monongahela .......................... 363.560 139.099 d 4.041 4 223.236 10.535 -
Montour .............................. 346,054 381,131 324,596 360,538 146,676 217,962 -
New Tork Central ..................... 54,.282,403 12,275,524 38,601,296 d 5.121.146 1,422,108 1,335.917 9.701.694 -
New York, Chicago and St. Louis ...... 15.911.329 12,446,923 11,823,585 9,168.317 11.423.000 8,782,000 4,589,946 6.193.487
Now York, Ontario and Western* ...... d 1.353.691 4 1.154.166 2448771 2.252972 -
low York, Susquehanna and Western .... 261,397 211,006 d 6295 d 78.76 98,200 -
Pittsburgh and lake Brie ............. 9,680,413 5.893.703 8,386,183 5.221,731 4,592,782 183,346 3.886,425 3,886,425
Pittsburg & Shamut .................. 734,248 439,836 430,505 265,024 4 15.3150 -
Pittsburgh and West Virginia ......... 983.561 778,699 660,488 439,164 410,160 3.5A3 457,500 457,500
Wabash ............................... 9.095.328 6,242,717 7,452.409 4,.171,493 3.488,986 1.248.545 3.194.193 2,296,914

Central Easern Region Total ....... 130,146.534 83,029,477 79.559,833 32,865,732 24,199,224 7,466.590 18.593,355 6,545,666

Akron, Canton and Youngstown ......... 439,510 214,335 327,116 126.103 362.359 27.325 142.551 142.635
Baltimore and Ohio ...... ... .... 31,007,499 25,009,812 18.637,452 10,629,938 4,619,919 4 39.674 -
Beasmer and lake rie ............... 5.291.755 3.922,687 5,106.336 3.717.509 4,074353 1,827.373 359.976 359.976
Central R. L Co. of ew Jersey ...... 3,592.611 2,414,005 762.485 d 508.554 9.478 11.558 -
Chicago & Eastern Illinois ........... 2,990.457 2.455,834 1.292,847 1,185.172 d 762.700 4 117.100 474.945 973.154
Chicago & Illinois Midland ........... 680,207 365,198 610,611 290,862 640,370 278,899 -
Chicago, Indianapolis and Louisville 1,500,902 1,335.912 952,988 757,455 554.oo000 381,000 859.284 429.642
Detroit, Toledo and Ironton .......... 3,452,834 2,156,068 3,183.173 1,840,168 1,596,163 558,385 1,226,665 -
Elgin, Joliet and Eastern ............ 5.289,994 4 110.058 5.325,774 4 408.949 5.233.868 -
Illinois Terminal .................... 414,113 442,463 13,664 15,595 480,570 d 199.60--
Long Iland .............................. 1,581,977 d 2.119.506 1,014,252 d 1.812.352 -
Missouri-Illinois .................... 1,096.353 841,404 1,056,370 865,571 581,800 247.500 126,.545 -
Pennsylvania ......................... 57,681.560 33.959.139 32,133,860 11,827,239 954.000 1,376,000 9,875,816 -
Pennsylvania-Roading Seashore Lines .. d 2.433.291 d 2.549.649 A 3.113.241 4 3.270.324 270,371 -
Reading ............................. 10,719.427 9,943,977 7506,287 6,718,774 2,485.061 1,159.456 4,196,923 4,196,709
Staten Island Rapid Transit .......... d 451.312 4 538.923 4 837,964 S 930.119 -
Western Maryland ..................... 7,.291.938 5,686.779 5.587.823 3.821.644 3.369.983 1,885,100 1.330.650 443.550
Pocahontas Rogion Total ............ 87,854,540 58,114,242 77,027,229 46,122,160 59.146,155 22.162,860 36,271.828 36.126,846

Atlantic and Danville ................ d 2,7051 96.07. 2 a 61.063 115.l12 -
Chesapeake and Ohio .................. 51,212,811 34,955.120 42,095.454 24,422,932 28.400,000 6,850,000 18,087,368 18,065.734
lorfolk and WVstera .................. 26,274.866 15,316.257 26,044,959 15.285,021 22,500,000 10.400,000 13.113,151 13,098,151
Riohaond, Fredericksburg and Potomac 2,088,043 2,244,474 2,222,005 2.360,930 2,261,500 1.549.912 1,048,645 940,297
Virginian ............................ 8,281.525 5,694.463 6,725.874 4.168,689 5,984,655 3,362,948 4,022,664 4,022,664


Southern Retion Total ..............

Alabama Great Southern ...............
Atlanta & Saint Andrve ray ..........
Atlanta and West Point ...............
Atlantic Coast Line ..................
Central of Georgia ...................
Charleston A Vestern Carolina ........
Cincinnati, sNo Orleans & Texas Pacifi


112.061.578


1,737,218
549.500
78,340
8,419,082
2,909,295
485,067
5,321,258


106,039.223


77,227,427


56.212.153


1,268,000 500,000
-I- .1- 4 ______ 4 ______ 4


1,268,000
619,123

i 1.050.000

50,000
5,285,000


40,927,681


500.000
570,905
1.350,000

50.000
4.035,000


46,019,2911


2,920,142
578,288
36,583
9,139.778
2.373.355
261,201
6.067,844


2,099,415
545,087
113,343
7,800,892
1.653,447
202,878
4.130.301


896,828
359.784
24,636
3.713,191
852,085

1,794,000


40,770,820


896,828
659,714
24,636
3,095.621
1,704,170

1,794.oo000


Clinchfield ............................
Columbus and Greenville ..............
Florida East Coast*O ...................
Georgia R. R. Lesses Organisation ....
Georgia a Florida* .....................
Georgia Southern and florida ..........
Oulf, Mobile and Ohio ..................
Illinois Central...... .................
Louisville and Nashvillel ..............
Mississippi Central ....................
lashville, Chattanooga & St. Louis .....
Now Orleans and Northeastern ...........
Norfolk Southern ....................***
Seaboard Air Line ......................
Southern ..............................
Tennessee Central ......................
Western By. of Alabama .................


$5,098,139
21,043
2,903,528
487,772
231,404
d 158
7,305.399
23,379,748
20,139,651
192.572
1.564,843
1,817,709
522,714
18,081,230
33,871.,839
366,611
151,205


$4.301.377
27,840
699.732
638.503
d 100.292
66.181
6,408,167
17,855,491
16,691,451
163,222
3.305,174
1,191,024
403,680
16,916.555
23,490,190
152,636
350,887


$35.955
d 650.611
d 546.597
d 388,220
5,018,247
17,950,138
16,538.984
131,868
681,270
1,870,754
433,554
15.822,399
27.499,789
136,907
127,595


$41,250
d 2.760.634
d 869,776
d, 135.613
4,265,464
12,192,412
12,481,321
96,921
2,285,510
1,232,839
333,619
14,666,371
16,576,181
S 413.486
319,685


$481,281
61,204



2,427,000
14,667,000
6,144,272
75,601
d 414J979
1,840.000
348,000
4,540,000
19,867,000
110
3,541


$653.561
67,800


d 2.500
2,170,000
9,410,000
2,526,443
37.321
1,118,365
1,125,000
140,236
5.198.700
11.925.000

51.850


$24,375



2,438.746
6,936,626
8,775,000
60.358
767,951

347,040
8,280,369
10,688.302

60,000


$24.375



1,625,831
6.211,136
7.020,000
60,358
767,951

443,442
6,578,099
9,714,659
150,000


Western District Total ............... 337,045,665 258,183,601 303,008,762 230,734,932 162,490,167 105.925,925 128,663,148 135,642,066

Northwestern Region Total ............ 78,072,063 49,.013,562 62.379.435 31,459,665 34,723,622 14,014,628 30.040,988 32,785,131

Chicago and North Western .............. 5,330,585 d 526.257 1,284.552 d 4,496,491 3,015.880
Chicago Great Western ................. 3.166,030 3,049,637 2,421,879 2,301,175 1.833.300 1,482,000 953,136 686,454
Chicago, Milwaukee, St. Paul and Pacifio 10,982,345 6,019.038 6.081,771 843,321 794,000 10,901.288 7,716,468
Chicago, Saint Paul, Minneapolis A Omaha d 812.971 d 744.577 d 2.589.039 d 2.547.013 -
Duluth, Missabe and Iron Bange ......... 8.825,933 5,170,386 8,491.879 4,764,142 8,014,800 3,343,200
Duluth, South Shore and Atlantic ....... 667,045 276,117 451.061 39,045 -
Daluth, Winnipeg and Pacifio ........... 105.837 4 193.503 d 217.859 d 520654 -
Great Northern ......................... 22,029.414 16,619,642 23.602,798 17.572,970 13,350,000 7,234,516 10,465,422 9.398.047
Oreen Bay & Wetern .................... 300,992 139,425 330.638 80,731 345,208 150.340 125,000 125,000
Lake Superior & Ishpeming .............. 1,289,429 510,834 1,285.211 494,674 1,001,048 128,000 224,910 224,910
Minneapolis & St. Louis ................ 1.395.967 1.375.917 1.332,085 1,261,158 1,022,000 839,699 833,385 5,660.000
Minneapolis, St. Panl A S. S. Marie .... 2,449,978 2,001,397 1,720,104 1,382,214 1,065,000 150,000 719,104 179,776
Northern Pacific ....................... 14,315.896 9,557.017 13.957.346 8.515,227 5,600,000 350,000 5.579,645 5.579,348
Spokane International .................. 545.620 477.923 432,450 361,682 351,000 160,100 239,098 199.248
Spokane, Portland and Seattle .......... 4,620,283 3,923,980 2,252,387 1,472,381 1,347,266 307.468 -
Wisconsin Central Railroad Company ..... 2,859,680 1,356.586 1,542,172 d 64,897 d 10,695 -

Central Western Region Total ......... 181,205.657 148,176,378 188,402,544 159.998,765 98.320.978 74.324,863 83,887.509 86.318,293

Atchison, Topeka and Santa Pe I/........ 54.159,752 45.395,805 51,139,128 41,788.112 38,801,100 23.391,000 21,307,270 21,307,270
Chicago. Burlington & Quinor .......... 18,389,821 20,065,021 14,643.352 16,127,440 6,675,600 9,265,807 9,396,129 9,396,129
Chicago, Rook Island and Pacific ....... 14,824,799 13.840,068 12,034,579 12,183,830 4,616,000 3,372.000 6,221,483 7,708,704
Colorado and Southern .................. 1,097,073 925,253 1,091,734 910,816 659.556 241,165 339,988 339.988
Colorado & Wyoming ..................... 467,769 289,482 443,117 261,008 405,700 170,800 330,000 481.919
Denver and Rio Grande Western .......... 10,781.338 9,995.836 8,322,714 7.429.686 5.937,985 3,601,000 3,833.216 3.181,631
Fort Worth and Denver .................. 1,523,161 2,020.112 759,660 1,251.582 136,546 484.321 -
Northwestern Pacific ................... 858.941 723,571 882,072 742,132 939,427 699,875
Sacramento Northern** .................. 164,705 87.128 d 407.500 d 503.162 6,184 -
Southern Pacific Co., Inc. Leased Lines 39,098,712 29.943,224 37,878,192 28.797.923 8,363,630 6,401,852 20,356,025 20,356,025
Southern Pacific Transp. System / ..... 45.570.474 34.579,383 42,889,674 32.083,600 12,165.321 8,240.499 20,356,025 20,356,025
Toledo, Peoria & Western ............... 561,960 563.133 535.598 531,588 535.598 567.645 175,500 162,000
Union Pacific Incl. Leased Lines ....... 33,930,460 20,706,071 57,770,503 47,638,404 29,100.000 25,050,000 20,653,549 20.653,549
Utah ................................... 59,885 d 158.893 59,912 d 167,997 54,036 -
Western Pacific ........................ 5,287,281 3,780,567 3,249,483 3.007,403 2,095,800 1,073,214 1,274,349 2.731,078


Southwestern ReBagion Total ............

Beaumont, Sour LaJkea eastern ........
International-Oreat Northern** .........
Kansas City Southeran ................*.
Xansas, Oklahoma a Onlf ................
Louisiana & Arkansas ...................
Midland Talley .........................
Missouri-ransag-Texas ..................
Missouri Pacifio* .....................
lew Orleans, Texas & Nexico** ..........
Oklahoma City-Ada-Atoka ................
St. Louls, Brownsville and Mexico** ....
St. Louis-San Francisco ................
St. Louis, San Francisco and Texas ....
St. Louis Southwestern .................
San Antonio, Uvalde & GOlf** ...........
Tuxas and lw Orleans ..................
Texas and Northern ....................
Texas and Pacifio .....................
Texas Mexican .........................


77,767.945

287.379
2.640,256
5.972,417
568,925
4.593.985
227,913
4,987,892
20,898,102
2.185,226
86,741
2,767,843
10,490,189
226,780
7,961,001
d 585.363
6,471,762
771,119
6,998,224
217.554


60,993,661
980,029
1,874,910
5.661,642
553.306
3.897,858
167,748
5,216,829
16,091,234
1,641.525
181,114
2,049,694
7.583,305
269,850
4,437,714
d 353.041
4,636,159
246,888
5,770,917
85.980


52,226,783

444,461
716,395
4,848,847
477,901
4,229,406
245,805
2,539,072
10,005.528
239.885
90,438
2.174.070
7,022,173
206,374
7,664,211
d 732.722
4,.921,482
770,629
6,218,644
144,188


39,276.502
1,108,496
d 12.822
4,216,100
461,944
3.542.585
193,087
2,818,596
6,142,240
d 311.604
191,463
1,421,841
3.921,944
256.462
7,847,106
d 511.281
3,195,677
246.528
4,556.121
d 7.931


29,445.567
124,869

4,824,000
368.387
3.100,000
174,236
237,000
750,000
d 72,106
74,615
285,790
4,104.151
215,349
8,123,985

3,801,691

3,171,000
162,600


17.586,434

79,000
d 78.9090
3,984,700
355.371
2.258,286
83,361
d 412.248
d 443,222
159,264
48,000
723.000
250.379
6.077,154

1,838,647
2,652,000
10,520


14,734,651


2,923,196
265,797

2,001,015



5,049,228

1.853.240

300,000
2.342.175


I -I IIIIII I I I


16.538,642


2,923,196
265,794

2.501,269



6,377,968

1,853,240

275.000
2,342.175


/ Includes Atcohison, Topeka & Santa Fe By., alf., Colorado & Santa te Ry., and Panhandle & Santa Fe By.
)/ Data not included in totals. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.

U. S. GOVERNMENT PRINTING OFFICE : 1955 0 360320(6)


139.279.799

2,476,049
618,.955
d 1.119
8,676.305
3.686,258
526.578
7,313,195


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


-j










Subject to revision


--I Q- I : t %." -,W a 1 %-, -,z" I '-,'


UNIVERSITY OF FLORIDA

II I II II ID I I II II 11 III 1 I
31262088513931 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 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


Income Items


1. Net railway operating income .....................
2. Other income .. ......................... ...... .
3. Total income ................................
4. Miscellaneous deductions from income ..............
5. Income available for fixed charges ...........
6. Fixed charges:
6-01. Rent for leased roads and equipment .......
6-02. Interest deductions I/ ....................
6-03. Amortization of discount on funded debt ...
6-04. Total fixed charges .................
7. Income after fixed chrgees ..................
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) .


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 56-04)


Selected Expenditure and Asset Items


17. Expenditures grossi for additions and betterments-
Roads.. ..... .
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 .. ...
2:. 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 ) .. ..


UNITED STATES


EASTERN DISTRICT


POCAHONTAS REGION


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


1O -I


4 591 1955 1954


I y -X7 1-"Y--I -


$110 929 588
19 294 122
130 223 710

5 275 792
124 947 918
5 120 053
25 959 06J
257 495
31 336 611
93 611307
3 627 158
89 984149

44 953 924
45 899 057

36671622
1 599 624

3.99


$90 928 805 $947 241 232
24558642 195280573
115 487 447 142 521 805
4117151 42493552
111370 2961100028 253
5048046 510378'36
26 664086 261290 109
256 765 2 475 256
31 968 897 314 803 201
79401399 785225052
2 763 834 35 021 884
76637565 750203168
44 241009 444535566
28 062 270 372 867 352


29 818 707
3 511 651

3.48


262 304 578
40 968 456

3.49


$671 849 866
199 127288
870 977 154

38 571 937
832 405217

50 657 852
265 494 484
2 454 332
318 606668
513 798 549
28 894 669
464 903 880

438 560 806
213 313 812

216 586 195
59 815 537
2.61


$35 067 561
6151 531
41 219 092

931 665
40 287 427

4 185 977
10 634 536
79 646
14 900 161
25387 2 66
1 568 9 58
23 818 308

16 126 180
8 010 870

13 602 828
316 564

2.70


$26 649 571
6 611 535
33 261 106
1 009 202
32 251 904
4 082 420
10 817 949
95 991
14 996 360
17 255 544
1 237 51 6
16 018 028

16 203 999
2 898 466

9 894 752
1 079 808

2.15


$307 199 199
66 897 25 4
374 096 453
11819 902
362 276 551

41010 904
106 432 474
757 242
148 200620
214 075 931
16 113 819
197 962 112

161227 457
57 130 690

57 593 614
10 373 29 9

2.44


$179 211 211
66 443 258
245 654 469
10705 722
234 948 747
40 755 470
109 508 303
821955
151085728
83 863 019
13 663 195
70 199 824
161 760 917
19 133 542

28 573 553
12 932 649

1.56


$12 263 817
512 9 56
12 776 773

50910
12 725 863
7121
1 306 417
12 6 33
1 326 171
11399 692

11399 692
3 224 676
9 648 135

6 945 750
323 060

9.60


kASIERN bislalet I


INCLUDING
POCAHONTAS REGION


SOUTHERN REGION


$9 868 868
225 146
10 094 014

198 915
9 895 099
7071
1 381 875
14 155
1 403 101
8 491 998
8 491 998
3 220 734
6 070 430

5 894 466
332 960

7.05


$100 118 357
2 758 307
102 876 66 4
889 154
101987 510

80 175
13 353 857
126 557
13 560 589
88 426 9 21.

88 426 921
32 23784 5
68 794 290

40783299
2 757 339

7.52


$67 983 110
4 081 829
72 064 939

3313220
68 751719
75 090
13 92: 21
139 2 52
14137563
54 614 1 56
d 2
54 6i4 il
32107128
28233 29Q

39 507079
2847193

4,86


WESTERN DISTRICT


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


1955


$47 331 378
6664487
53 995 865
982 575
53 013 290

4 193 098
11 940 955
92 2 79
16226 332
36 786 958
1 568 958
35 218 000

19 350 8 56
17 659 005

20 548 578
639 624

3.27


1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


$36 518 439
6 836 681
43 355 120
1 208 117
42 147 003
4089491
12 199 824
110 146
16 399 461
25 747 542
1 237 516
24 510 026
19 424 733
8 968 896

15 789 218
1 412 768

2.57


$407 317 556
69 655 561
476 973117

12 709 056
464 264 061

41 091 07 9
119 786 331
883 799
161 761 209
302 502 852
16 113 819
286 389 033

193 465 302
125 924980

98 376 913
13 130 638

2.87


$247 194 321
70 525 087
317 719 408
14 018 942
303700466

40 830 560
123431524
961 207
165 223 291
138477175
13 663 193
124 813 982

193 868 045
47 366 832

68 080 632
15 779 842

1.84


$17 709 447
3 310 760
21 020 2 07

1040 603
19 979 604.

802 057
3 964 707
32 316
4 799 080
15 180 524
261 2 30
14 919 294
6 384 838
5 753 301

9 180 9 29
750 000

4.16


$14 703 863
3 217 161
17 921024

857 121
17 063 903

831375
4 201 339
18 958
5 051 672
12 012 231
264 317
11 747 914
6 249 362
5 216 222

10 278 213
1 602 085

3.38


$156 989 247
20902763
177 892 01 0

5 159 856
172 732 154
8430760
40414610
314154
49 159 544
123 572 610
2 614 092
120 958 518

62 770 959
61 965 454

50 696 684
5 253 536

3.51


$126 765 441
18 739 842
145 505 283

4 345 579
141 159 704

8 318212
41017199
217642
49 553 053
91 606 6 51
2 631 310
88 975 341

62 588 3 99
46143 903

44 928 991
7 722 127

2.85


$45 888 763
9 318 875
55 207 6 38

3 252 614
51 955 024

124 898
10053 401
132 900
10 311 199
41 643 825
1 796 970
39 846 855

19 218 230
22 486 7 51

6 942 115
210 000

5.04


$39 706 503
14 504 800
54 211 303

2 051 913
52159 390

127 180
10 262 923
127 661
10 517 764
41 641 626
1 262 001
40 379 625

18 566 914
13 877 152

3 751 276
496 798
4.96


4 iT -


UNITED STATES.

Balance at the end of October
1955 1 1954


$243,664,235
440,891,562
422,881,450
104,322,753


886,137,653
1,269,302,573
70,154,935
2,635,576
71,720,991
186,802,309
273,756,095
,657,656,518
15,582,792
259,080,112
25,042,668


$260,098,381

442,317,415

405,541,360
98,557,042


835,678,595
898,522,401
96,386,044
514,988
64,118,311
157,249,222
308,840,622
729,957,672
15,479,404
222,641,317
26,866,410


3,717,872,222 1 3,356,254,986


Selected Liability Items


40. Funded debt maturing within 6 months 2/..


UNITED STATES

Balance at the end of October


I I


$223,091,472


____________________________________________ 6 6


41 Loans and bills payable /
42. Traffic and car-service balances-Cr..
43. Audited accounts and wages payable
4. Miscellaneous accounts payable
42. 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 1)


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


20,504,762
107,420,688
506,888,859
206,877,156
27,202,421
3,693,310
81,052,075
48,567,582
281,284,996
709,164,534
111,187,436


$175.150,033


21,513,850
103,590,765
473,534,520
198,941,167
94,246,514
4,265,875
80,651,864
43,017,456
224,262,403
576,660,889
107,667,185


2,103,843,819 1,928,352,488


515,267,856
193,896,678
407,641,883


395,013,089
181,647,800
267,818,299


=1 ___________________ ___________________ ___________________ a


$382 934 42 9
104 722 249
487 656 678

24 624 640
463032 038

1515 977
101089 168
1277 303
103 882 448
359149 590
16 293 973
342 855 617

188 299 305
184 976 918

113 230 981
22 584 282
4.46


$297 890 104
109 862 359
407 752 463

20207416
387 545 047

1 509 080
101045 761
1275 483
103 830324
283 714723
12 600 166
271 114 5 57
182 104 362
119 803 077

103 576 572
36 313 568
3.73


ANALYSIS OF NET INCOME-ALL CLASS I RAILWAYS *


Period


I eotssown


ReportB showing
Net Income

Number Amount


Reports showing


Reports showing
Net Deficit

Number Amount


October 1955 108 $91,902,112 14 2 1,917,963
October 1954 101 80,006,892 21 3,369,327
10 months 1955 107 765,413,881 15 15,210,713
10 month 1954 95 522,020,118 27 37,116,238


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


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


i I I I I


Compiled from 126 reports (Form IB8) representing 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


-F-


_ ________- ---- ----- 4


7


-r-


-r


I


.


-1-


Statement No. M-12S
OCTOBER 1955


1954


1955







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


FOR THE TEN MONTHS ENDED OCTOBER 1955 AND 1954


Page 2


NE RAILWAY OPERATING NE INCOME TIDERAL INCOME DIVIDEND NET RAILWAY OPZEP.ATING INOM FEDERAL INCOME DIVIDEND
INCOME19 AES APPROPRIATIONS INCOME COMTAI APPROPRIATIONS
gion and railwa1955y Region nd railway
1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


United Statee Total ................ 8947.241,232 $671,849,866


$750,203,168 $484,903,880 $372,867.352 $213,313,812


$303,273,034 $276,401.732 Southern Region Continued


Eastern District T6tal ............. 307,199,199 179,211,211 197,962,112 70,199,824 57.130.690 19,133,542 67,966,913 41,506,202

Eastern District Incl. Pocahontas
Region Total .................... 407,317,556 247,194,321 286,389,033 124,813,982 125,924,980 47,366,832 111.507.551 83,860,474

New Englend Region Total ........... 19,297,967 7,508,099 10,916,218 4 927.362 2,292,625 250,323 3,049,641 3,941.626

Bangor and Aroostook .................. 2.345,717 1,795.946 857,649 549,322 130,206 2,769 511.631 191,400
Boston and Maine ...................... 5,660.123 209,684 2,720,617 d 2.986.618 1,651,611 203,242 721,276
Canadian National Lines in New England d 1.084.473 d 1.523.285 d 1.206.053 d 1 645.148 -
Canadian Pacific Lines in Maine ...... 243,209 221,951 -
Canadian Pacific Lines in Vermont .... d 73.399 d 647.663 -
Central Vermont ...................... 32,536 125,039 d 1.022.509 d 1,243.178 -
Maine Central ......................... 1,863,485 1.317.119 884,523 359,117 839.775 187,661 80,310 80.310
New York Connecting ................... 625,414 428,479 59,720 d 10 .849 3.465 -
New York, New Haven and Hartford ..... 9,839,727 5,702,895 8,408,432 4,265,746 d 332.432 d 143,349 2,457,700 2,948,640
Rutland ............................... 196.628 d 122,066 213,839 d 121.754 -

Great Lakes Region Total ........... 140,631,789 74.521,101 95,970,326 29,489,108 27,771,763 10,758,566 36,168,458 20,869,587

Ann Arbor ............................. 645,860 481,189 513,738 337.920 281,088 7,922 -
Cambria and Indiana ................... 1,024,096 657,356 1,045,817 663,510 791,099 409,140 300,000 240,000
Delaware and Hndson .................. 8.748.902 4.731,854 7.223.385 3.138,253 2,100,000 2,062,960 -
Delaware, Lackawanna and Wentern ..... 2,540,904 5,252.527 d 511.437 2,498,498 300,000 d 1,067,604 1.688,824 1,266,618
Detroit and Mackinac .................. 254,422 227.779 260,065 231,122 259,452 162,369 -
Detroit and Toledo Shore Line ........ 842,419 705,914 777,981 648,775 620,635 482,640 200,000 200,000
Erie ................................. 11,569,040 10,518.361 5.546.528 5.203,920 d 1.271.008 d 3.066.948 4,770,938 4,770,938
Grand Trunk Western .................. 4.185,351 312,416 720,568 d 3.088.687 d 1.728 -
Lehigh and Hudson River ............... 266,192 290,594 279,837 302,112 201,482 171,523 258,335 211,365
Lehigh and New England ................ 919,853 851,259 782,671 693,766 851.583 489,192 -
Lehigh Valley ........................ 7,401,666 4,257.356 5,148.320 1.504,517 d 1,751.035 d 711,100 1,802,508 1.346,340
Monongahela .......................... 404,059 145.237 d 3.092 d 257.24 d 21.070 -
Montour .............................. 401,783 428,260 378,023 405,499 176,02 235,960 -
New York Central ..................... 61,187,905 17,029.432 43.593,943 d 2.664.635 1,644,908 1,517,417 12.956,829 -
New Tork, Chicago and St. Louis ...... 18,251.587 14,226,857 13.722,763 10,586,882 13,452,000 10,231,000 4.589,946 6,193.487
New York, Ontario and Western*" ...... d 1.525.543 d 1.303.916 d 2.739.907 d 2.521,642 -
New York, Susquehanna and Western .... 262,970 264,713 d 95.126 d 64.105 69,200 -
Pitteburgh and Lake Erie ............. 10,853.885 6,682,875 9,488,485 5,932,174 5,161,353 362,751 3,886,425 3.886,425
Pittsburg & Shawaut ................... 813,604 475.557 476,717 281,568 350 -
Pittsburgh and West Virginia ......... 1,136,161 919,580 778,659 541,425 510,439 d 3,536 457.500 457,500
Wabash ............................... 10,446,673 7.365.901 8.582,388 5.115,479 4,397,673 1.537,840 3,194,193 2,296,914
Central Eastern Region Total ....... 147,269.443 97.182,011 91,075.568 41.638,078 27,066,302 8,124,653 28,748,814 16,694,989

Akron, Canton and Youngstown ......... 489,363 271,828 367,069 173,815 413,619 67,635 142,551 142,635
Baltimore and Ohio ................... 34,918,366 27,761.560 21,113,159 11,666,518 4,637.919 d 20.674 -
Bessemer and Lake Erie ................. 5.934,040 4,627,496 5,729.027 4,401,492 4,628,345 2,146,806 359,976 359,976
Central R. R. Co. of New Jersey ...... 4.085,090 3,005,427 912,389 1.11 10,642d 22634 -
Chicago & Eastern Illinois ............ 3.333.720 2.717,964 1,448,521 1311,23d 788,661 d 353,500 474,787 966,881
Chicago & Illinois Midland ........... 787,531 417,787 703,557 334,551 740,970 321,896 -
Chicago, Indianapolis and Louisville 1,760,289 1,558,866 1,152.897 916,658 719,000 505,000 859,284 429,642
Detroit, Toledo and Ironton ........... 3,846,232 2,367,785 3.548,689 2,020,875 1.654,049 513,983 1,226,665 -
Elgin, Joliet and Eastern ............ 5,823,393 584,451 5,863,005 486,108 5,725,609 --
Illinois Terminal ..................... 473,889 545,587 32,098 72,500 555,171 d 146.603 -
Long Island ........................... 1,658.913 d 2.168.602 1,033,861 d 3.720.356 -
Missouri-Illinois ..................... 1,231,320 980,374 1,194.434 1,007,285 684,200 247,.500 126.545 -
Pennsylvania ......................... 65,537.158 40.290,036 37,174,158 15.699.036 1,060,000 1,418,000 19,751.631 9.875,816
Pennsylvania-Reading Seashore Lines .. d 2,684,811 d 2,868.586 d 3.440.311 d 3.669.336d 14159 300,069 -
Reading .............................. 12,128,109 11,223,959 8,611,289 7,638,390 3,133,135 1,211,075 4,.476,725 4,476,489
Staten Island Rapid Transit ......... d 485.655 d 600.508 d 913.772 d 1034.777- -
Western Maryland ..................... 8,432,496 6.466.587 6.545,498 4,345,149 3.906,463 1.936.100 1,330650 443.550

Pocahontas Region Total ............ 100,118,357 67,983,110 88,426,921 54,614,158 68,794,290 28,233,290 43,540,638 42,354,272

Atlantic and Danville ................ 7,308 d 98.756 d 57.290 d 124.347 -
Chesapeake and Ohio .................. 58,290,533 40,823,648 48,263,514 29,120.37 33.350,000 9.800,000 25.128,776 24,073,258
Norfolk and Western .................. 30,131,758 18,350.381 30,082,815 18,276,520 26,100,000 12,850,000 13,340.553 13,318,053
Richmond, Fredericksburg and Potomac 2,266,143 2,422,479 2.416,647 2,552,822 2,431,500 1,675.912 1.048,645 940,297
Virginian ............................ 9,422,615 6,485.358 7,721,235 4.788.789 6,912,790 3.907.378 4,022,664 4,022,664


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 Pacifig


120,958,518

3.250,305
644,253
74.057
11,037,222
2,641,143
304,797
6,646,056


88.975,341
2,268,508
604,874
131,621
9,925.350
1,963.346
249,910
4,533,328


61,965,454

1,473,000
686,634

d 1.275.000

35,000
5,825,000


46,143,903

540,000
637,092
800,000

35,000
4,585,ooo


55,950,220

896,828
479,712
24,636
4,948.332
852,085

1,794,000


52,651,118

896,828
659,714
73.908
4.948.332
2,556.255

1,794,000


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


$5,858.529
31,041
4,041.642
599,095
219.550
d 93.918
8,210,458
26,372,082
22,985.755
223,781
1,863,656
2,053.558
610,162
20,026,462
37,367,854
432.713
199.315


$5,187,844
37.904
57,702
775.187
d 84.266
17,710
7,243,416
21,598,178
18,991,250
184,716
3,612.577
1,316,009
473.967
18,621,870
26,665,765
175,842
402.747


$52,322
527,215
d 645.018
d 358.048
5,722,703
20,403,292
19,085,022
157,266
885,898
2.105,927
508,051
17,515,477
30,051,198
177,286
172,094


$55,797
d 3.780.969

d 939.113
d 210.873
4,885.421
15,159,964
14,430.923
111,675
2,459,241
1,360,660
384,253
16,155,800
18,890,814
d 32,540
367.351


$534,604
83,004
d 1.107.305


2,812,000
16,529,000
7,716.380
96,574
d 398.613
2,035,000
413,000
4,886,000
21.613,985
110
7.081


$649,416
87,000


d 2,500
2,373,000
10,664,000
3.568,494
47,014
1.189,705
1,225,000
178.236
5.536.700
13.950,000
80.746


$24.375



2,438,746
9.634.203
11.700,000
60,358
1,023.934

347,040
8,280,369
13,385.602
60.000


$24,375



1,625,831
7,908,633
11,700,000
60,358
1,023,934
443.442
6.578,099
12,087.409

270.000


Western District Total ............... 382,934,429 297,890,104 342,855,617 271,114.,557 184,976,918 119,803,077 135,815.263 139,890,140

Northwestern Region Total ............ 92,900,232 60,379,952 74,129,581 39,986,098 43,659,701 17.573.722 33,840,642 36,111,608

Chicago and North Western .............. 7,159,974 177,798 2,686,527 d 4.237.304 3.015,880
Chicago Great Western .................. 3,576,411 3,439,799 2,749.478 2,604,056 2,103,300 1,687,000 953,136 686.454
Chicago, Milwaukee, St. Paul and Pacific 12,793,409 8,204,198 7,132,295 2,437,144 1,368,000 10,901,288 7,716,468
Chicago, Saint Paul, Minneapolis & Omaha d 66877d 719.444 d 2.736.742 d 2.718.487 -
Duluth, Missabe and Iron Range ......... 10.338,008 5,842,132 9,967,563 5,388.494 9,485.500 3.806,200
Duluth, South Shore and Atlantic ....... 705.498 340,463 457,.350 79,966 -
Duluth, Winnipeg and Pacific ............ 147.575 d 168.76 d 212.461 d 532069 -
Great Northern ......................... 26,715,205 19,974,135 7,712,068 20,441.669 17,000,000 9,168,718 14,265.076 12,724,*24
Green Bay & Western ..................... 324,.795 138,426 353,872 69,382 373,087 150,232 125,000 125.000
Lake Superior & Ishpening ............... 1,465,005 753.267 1,462,241 735.400 1,105,548 135.000 224,910 224,.910
Minneapolis & St. Louis ................ 1,663,371 1.457,559 1.580,528 1.325,447 1,220,000 839,699 833,385 5.660,000
Minneapolis, St. Paul & S. S. Marie .... 2,948,873 2,294.529 2,143,265 1,605,663 1.840,000 400,000 719,104 179,776
Northern Pacific ....................... 16,597.517 11,945.253 15,837,134 10.525.717 7,175,000 1,012,000 5,579,645 5.579.348
Spokane International ................... 616,797 531,740 489,992 402,018 392,000 198,100 239,098 199,248
Spokane, Portland and Seattle .......... 5,260.043 4,474,820 2,610,785 1,723,787 1.597,266 307,468 --
Wisconsin Central Railroad Company ..... 3,354,628 1,693.653 1,895,686 135,215 d 130.695 -

Central Western Region Total ......... 203,713,257 167.676,448 211,268,780 181,482,939 109,134,812 82,899,008 85,755,973 87.239,890

Atchison, Topeka and Santa Fe a/ ....... 59,752,944 49,677.956 56,402,285 45,656.330 42,024,100 25,629,000 21,307,270 21.307,270
Chicpgo, Burlington & Quincy ........... 21,658,499 22,695,393 17.472,135 18,143.709 8.696,400 10,655,500 9.396,129 9,396,129
Chicago, Rock Island and Pacific ....... 16,726,896 15,201,681 13.516,093 13.357,555 4,974,000 3,440,000 6,221,483 7,708,704
Colorado and Southern .................. 1,095,208 1,088,131 1,091,316 1,070,133 608,859 326,141 339,988 339,988
Colorado & Wyoming ....................... 527,485 344,931 500,323 313,465 459,100 204,800 330,000 481,919
Denver and Rio Grande Western .......... 12,375,793 11,506,053 9.673,048 8,614.,363 7,124,285 4,395,.300 5,277,035 3.331.439
Fort Worth and Denver .................. 1,612,942 2,111,988 774,949 1,262,667 55,841 396.728 -
Northwestern Pacific .................... 960,654 912,068 987,194 932,135 1,069,264 910,228
Sacramento Northern-' ................... 201,617 139,608 d 432.877 d 514.448 6,184 -
Southern Pacific Co., Inc. Leased Lines 43,053,170 33.954,442 41,.156,842 32,435,239 7,843,777 6,828,333 20,356,025 20,356,025
Southern Pacific Tranap. System b_/ ... 49,973,399 38,999,791 46,337,819 35.978,264 11.496.955 8.720,893 20,356.025 20,356.025
Toledo, Peoria & Western ................ 650,036 645,914 619,965 612,666 639,965 654,180 175,500 162,000
Union Pacific Incl. Leased Lines ....... 38,675,563 24,862,117 65.333,587 56,053,176 32,700,000 28,200,000 20,653,549 20,653.549
Utah .................................... 83,709 d 135,634 83,895 d 146.004 80,021 -
Western Pacific ........................ 6,338,741 4,671,800 4,090,025 3.691,953 2,859,200 1,252,614 1,698,994 3,502,867


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

Beaumont, Sour Lake & Western** ........
International-Great Northern** .........
Kansas City Southern ...................
Kansas, Oklahoma & Gulf ................
Louisiana & Arkansas ...................
Midland Valley .........................
kdisouri-Kansas-Texas ..................
Missouri Pacific** .....................
New Orleans, Texas & Mexico** ..........
Oklahoma City-Ada-Atoka ................
St. Louis, Brownsville and Mexico* ....
St. Louis-San Trancisco ................
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 ..........................


86.320,940


69,833,704


57.457,256


49.645,520


32,182,405


19,330,347


16,218,648


_____ + + + 4 4


316,614
3,134,990
6,616,675
638,323
5,110,235
247,604
5,432.582
23,302,015
2,580,224
95.936
2,845.336
11,691,277
236,141
8,819,744
d 672.913
6,920.229
839,541
7,954,030
212,357


______________________________________________ A a a a _______________ 4 4 ,


878,011
2,110,613
6,296,753
612,023
4,.325,868
203,173
5,805,300
19,150,438
2,025,496
188,505
2,237.231
8,706,881
283,372
5,446.730
d 400.177
5,045,349
288,152
6.549.517
80.469


491,010
997,257
5,357.047
537.713
4.739.433
258,006
2,721,731
10,948,435
409,867
100,052
2,154,528
7,778,999
213,645
8,501,094
4 836.070
5,080,977
840,360
7,032,542
130,630


1,020,459
13,886
4,682,845
509,898
3.945.373
218,653
3,159,655
7,931,416
d 146.589
199,062
1.535.203
4,614,968
267,924
13.388.236
d 575.201
3,443,025
287,787
5,173.773
d 24.851


180,866

5,364,000
405.938
3,449.000
170.757
19.000
1,000,000
d 101,717
79,610
428,505
4.533,151
223,349
8,879,168

3,653,178

3,735.000
162,600


79,000
d 104.000
4,414,700
394,373
2,506,886
87,872
d 20.197
d 412.248
d 585.000
170,663
48,000
882,000
261,379
6,366,839

1,892,560

3,354,000
d 6.480


4,407.193
265,797

2,001,015



5.049,228

1,853,240

300,000
2.342,175


16,538,642


2,923,196
265.794

2,501,269



6,377.968

1,853,240

275,000
2,342,175


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


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


156,989,247

2,814,963
688.642
34,632
9.735.452
4.080,457
601,781
8,031.585


126,765,441

1,925,808
609.848
95.957
9,058.907
3.371.329
562.526
5,862,648


.P 1.o.


I L- I I I




_ %--* 1 0 Uo0 ^-- I I / -.1 / I I


Subject to revision


Ill ,, i illi i i_ i i [ O_ pf r 4L

i1262088513451 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-12S
NOVEMBER 1955


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


Compiled from 126 reports (Form IBS) representing 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


UNITED STATES


For the month of November


;103 087 972
17 632 346
120 720 318

6 037 4 52,
114 682 866

5 078 774
26 078 646.
270 2 42
31 427 662'
83 255 2 04
3 395 499
79 859 705
44 925 773
38 362 896

52 992 180
4 141 4 94'
3.65


For the eleven months of


EASTERN DISTRICT


4 1


For the month of November


For the eleven months of


T I T 1 1 4


1954 1955 | 1954


$94 166 239$1050 329 203
21560403 212 912 919
115 726 642 1263 242 122

4 328 842 48 531 003
111 397 800 1214 711 122

5 000 450 56 116 61C
26577717 28736875 '
260 623 2 745 498
31838790 346230861
79 559 010 668 480 258
2 718 692 38 417 382
76840318 630062 87!
44 196 199 489 461338
28235495 411230248


60 102 939]
9 088 271

3.50


315 296 758
45 109 95(

3.51


4766 016 105
L20687689
986 703 794
42 900 778
943 803 016

55 658 304
292 072 199
2 714 955
350 445 458
593 357558
31613 361
561 744197
482 757 006
241 549 307

276 689 134
68 903 808
2.69


'I~YF~~ _________________
%so'rD e~.r
Ena flat. snot Rst.t


INCLUDING
DrU#'" A U RVT"r & C! r-I,'"4N5


$30 970 874
6288 933
37 259 807

809 402
36 450 405
4 131 515
10 772 760
88 16 8
14 992 463
21 457 942
1 322 201
20 135 741
16 167 469
5 476 613

12 022 591
2 679 702

2.43


$ 29 041 4 97
7 505 956
36 547453.

1187 213
35 360 240
4 024 959
10 820 64 5
97 263
14 942 86-7
20 417 373
1 202 769
19 214 604

16 152 320
1 474 020

7 353 207
3 832 115

2.37


1955


$338 170 073
73 186 187
411 356 26 0

12 629 303
398 726 957
45 142 419
117 205 234
845430
163 193083
235 533 874
17 436 020
218 097 854
177 394 925
62 607 303

69 616 205
13 253 001
2.44


SOUTHERN REGION


$208 252 707
73 949 215
282 201 922

11 892 934
270 308 988

44 780 429
120 328 948
919 218
166 028 595
104 280 393
14 865 964-
89 414 42 9
177 913 238
20607562

35 926 760
16 764 764

1.63


POCAHONTAS REGION


For the month of November


$10 665 889
391 4 17
11057 306

60 2 38
10 997 06 8

7 049
1310 043
12 634
1329 726
9 667 342
9 667 342

3 248 666
6 671 2 0 0

10 466 178
30 026
8.27


$8 667 534
584 266
9 251 800
221 415
9 030 385

7956
1378 862
14032
1 400 850
7 629 53 5

7 629 535
3 218 155
4 778 690

8 950 762
55044
6.45


For the eleven


$110 784 246
3149 724.
113 933 970
949 392
112 984 578

87 224
14 663 900
139191
14 890 315
98 094 263

98 094 26 3
35 486 711
75 465 490

51249 477
2 787 36 5
7.59


WESTERN DISTRICT


Month FE 7 195



$76 6.u 44
4 666 5
81 3167
3 534 6 3
77 782104

83 046
15 302 083
153 284
15 538 413
62 243 691
d 2
62243693

35 325 283
33 011 980

48457841
2 902237
5.01


rULAHOfUlNTAS REGIONI_____________________
For the month of November For the eleven months of For the month of November For the eleven months of For the month of November For the eleven months of
I .I T } Fort 1 oIebe moIthe


1' 1


$41 636 763
6 680 350
48 317 113

869 640
47 447 473

4138 564
12 082 803
100 822
16 322 189
31 125 2 84
1 322 201
29 803 083

19 416 335
12 147 813

22 488 769
2 909 728
2.91


$37 709 031
8 090 222
45 799 253
1 408 6 28
44 390 625
4 032 915
12 199 507
111 295
16 343 717
28 046 908
1 202 769
26 844 139
19 370 475
6 252 710

16 303 969
3 687 159
2.72


$448 954 319
76 335 911
525 290 230
13 578 695
511711535

45 229 643
131 869 134
984 621
178 083 398
333 628 137
17 436 020
316 192 117
212 881 636
.138 072 793

120865 682
16 040 366

2.87


__ 1 1 t 4 -f I -- I .4.


864 903 3 51
78 615 310
363 518 661

15427569
348 091 092

44 863 475
135 631 031
1 072 502
181 567008
166 524 084
14 865 962
151 658 122
k213 238 521
53 619 542

84 384 601
19 667001

1.92


619 096 8 53
1 762 710
20 859 563
2 269674
18 589 889

804.230
3 921 260
33 975
4 759 465
13 630 424
261 2 77
13 569 147

6 388 528
5 523 480

3 453 315
747 397

3.91


$16 433 026
1 749 986
18 183 012
959261
17 223 751

834 766
4 019 164
18 971
4 872 901
12 350 850
245 988
12 104 862
6 270 125
6 143 709

2 994 875
747 397

3.53


$176 086 099
22 665 473
198 751 572

7 429 529
191 322 04 3

9 235 010
44 335 870
348 129
53 919 009
137 403 034
2 875 36 9
134 527 665

69 159 487
67 488 934

54 149 999
6 000 933

3.55


$143 198 467
20 4 89 828
163 688 295

5 304 840
158 383 455

9152 978
45 036363
236 613
b4 425 9 54
103 957501
2877298
101080 203

68 858 524
52 287612

47 923 866
8 469 524

2.91


$42 354 356
9 189 2 86
51 543 642
2 898 138
48645 504
135 980
10074583
135 445
10 346 008
38 299 496
1 812 021
36 487 475
19 120 910
20 691 603

27 050 096
484 369

4.70


$40 024 182
11720 195
51744 377
1 960 953
49 783 424

132 769
10 359 046
130 357
10 622 172
39 161 252
1 269 935
37 891 317

18 555 599
15 839 076

40 8 04 095
4 453 715

4.69


t t ..- ______ + ______ t


UNITED STATES

Balance at the end of November
1955 1954


Selected Liability Items


UNITED STATES

Balance at the end of November
1955 1954


17. Expenditures (gross) for additions and betterments- 40. Funded debt maturing within 6 months 2/ .224,018,161 $178,850,298
Road $283,197,291 $283,917,827 $224,018,161
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable / 24,010,078 8,979,967
Equipment 503,873,799 458,413,808 42. Traffic and car-service balances-Cr. 120,216,128 104,575,448
19. Investments in stocks, bonds, etc., other than those 4 Audited accounts and wages payable 521,480,085 459,693,436
of affiliated companies (Total, Account 707) 423,687,728 403,989,322 Miscellaneous accounts payable 212,445,753 194,844,245
20. Other unadjusted debits 107,780,877 92,404,228 45. Interest matured unpaid 24,129,559 90,863,002
46. Dividends matured unpaid 3,853,066 4,908,731
21. Cash 939,748,661 873 285,473 7 Unmatured interest accrued 91,513,023 90,997,263
22. Temporary cash investments 1,292,143,884 926,378,086 Unmatured dividends declared 101,804,944 108,474,478
23. Special deposits 72,125,705 73,762,024 49. Accrued accounts payable 283,900,990 218,411,775
24. Loans and bills receivable ...... 2,907,442 504,289 50. Taxes accrued 723,168,041 578,982,691
2. Traffic and car-service balances-Dr. 69,318,848 66,293,401 51. Other current liabilities 106,925,138 96,131,029
2 Net balance receivable from agents and conductors 188,570,145 163,153,794
27. Miscellaneous accounts receivable 285,053.190 309,659,527 2,213,446,805 1,956,862,065
28. Materials and supplies 658,025,731 715,230,616 52 Total current liabilities (items to ) 2,213,446,805 1,956,862,065
29. Interest and dividends receivable 19,619,572 21,727,051 53. Analysis of taxes accrued:
30. Accrued accounts receivable 257,006,259 212,035,523 53-01. U. S. Government taxes.. 549,930,819 418,967,020
31. Other current assets 24,900,046 27,759,029 53-02. Other than U. S. Government taxes.......... 173,237,222 160,015,671
54. Other unadjusted credits........ ......... 419,655,555 265,809,843
32. Total current assets (items 21 to 51) .. 3,809,419,483 3,389,788,813


$425 288 7 85
113 911 535
539 200 32 0
27 522 777
511677 543

1651957
111 163 751
1 412 748
114 228 456
397 449 067
18 105 994
379 343 093
207 420 215
205 668 521

140 281 077
23068651

4.48


$337 914 287
121 582 5 51
459 496 838
22168369
437 328 469

1 6418 51
111404 805
1 405 840
114 452 496
322 875 973
13 870 101
309 005 872

200 659 961
135 642 1 53

144 380 667
40767283

3.82


ANALYSIS OF NET INCOS--ALL CLASS I RNILWAYS *


Period


November 1955
November 1954
11 months 1955
11 months 1954


Reports showing
Net Inoome

Number Amount


lo03
100
108
97


$81,843,559
79,897,645
846,677,930
598,515,257


Reports showing
Net Deficit

Number Amount

19 $1,983,854
22 3,057,327
14 16,615,055
25 36,771,060


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


i i i -t-


Compiled from 126 reports (Form IBS) representing 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


I I


------------- L-


I


-L -- -- I







INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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

FOR THE ELEVEN MONTHS ENDED NOVEMBER 1955 AND 1954


Page 2


NET RAILWAY OPERATING FEDERAL INCOME DIVIDEND NET RAIIMAY OPERATING NET INCOME FEDERAL INCOME DIVIDEND
INCOMi TAXES APPROPRIATIONS INCOME TAXES APPROPRIATIONS
Region.iand railway Region and railway

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954

United State Total ................ $1,050.329,203 $766,016,105 $830,062.875 $561,744,197 $411.230,248 241,549.307 $360.406,708 $345,592,942 Southern Region Continued
Eastern District Total ............. 338,170.073 208,252.707 218.097.854 89,414.429 62.607,303 20.607.562 82,869,206 52,691,524 Clinchfield ............................ $6.549,378 $6,056,453 $587.927 $645271 -
Columbus and Greenville ....................53,345 42.051 $77,993 $63,909 119,304 99,800 $24.375 $24.375
Eastern District Incl. Pocahontas Florida East Coast*" ................... 4,428,607 123,857 590,487 d 4.053.020 d 1.107.305- -
Region Total .................... 48.954,319 284,903,351 316,192,117 151.658,122 138,072.793 53,619.542 136,906.048 104,051.602 Georgia R. R. Lessee Organization .... 656,086 921,422 -
Georgia and Florida*.................... 208.526 d 73.218d 743776 1.014.046-- -
New Eneland Region Total ........... 21,482.760 8.727,294 12.176.522 d 297.856 2,431.367 172.694 3.049,641 4,433,166 Georgia Southern and Florida ............. 146,840 d 35.811 d 143.129 d 289.050 d 2.500
Gulf. Mobile and Ohio .................. 9,044,018 8,126.456 6.354.604 5.539.343 3,068,000 2,626.000 3.710.279 2,438.746
Bangor and Aroostook .................. 2654,971 1.991,062 990,672 602,772 186.402 d 31,264 511.631 191,400 Illinois Central ....................... 28.836.055 24.763,132 22.314.246 17.738.344 17.753,000 11,420.000 9,634,203 7.908.808
Boston and Maine ....................... 6,282,108 265,672 3,025,808 d 3.250.600 1,623,019 191.214 721.276 Louisville and Nashville ............... 25.890,079 21,594.323 21.619,254 16,677,221 9,401.988 4.775.545 11.700,000 11,700,000
Canadian National Lines in New England d 1.192.073 d 1.629.222 d 1.325.800 d 1.763.409 Mississippi Central .................... 243,569 212,641 171.059 132,181 105,010 62.014 60.358 60,358
Canadian Pacific Lines in Maine ...... 166.366 170,743 Nashville, Chattanooga & St. Louis ..... 2.282.951 4.068.456 1,208.591 2,780.159 d 358.113 1.343,157 1.023,934 1.023.934
Canadian Pacific Lines in Vermont .... d 877,288 d 714.408 New Orleans and Northeastern ........... 2.199,428 1.447.868 2.260.833 1,496.029 2.115.000 1.350,000 -
Central Vermont ...................... 431.912 152,960 d 1.069.579 d 1.350.885 Norfolk Southern....................... 695,106 555.711 580,203 448.910 459.437 233.236 462.720 559,122
Maine Central ........................ 2,063,362 1,499.767 978,856 438,398 930,913 146,093 80,310 80,310 Seaboard Air Line .......................22.092,852 20,424,329 19,405,112 17,792,981 5.532.000 6,045,700 8,280.369 6,578.099
New York Connecting ...................... 673789 462.389 55.564 d 13.357 3,465 Southern............................... 42,874,190 30.359,868 33.197,803 21757928 22.498.545 16575000 13,385,603 12087,413
New York, New Haven and Hartford ..... 11,056,980 6,651,712 9.275.497 5,269,776 d 312.432 d 13334 2,457,700 3.440,180 Tennessee Central ............................ 489,801 209,961 209,312 9.839 110 -
Rutland ................................ 222,633 d 123.381 245,504 d 120.551- Western Ry. of Alabama ................. 249.075 460,314 219,333 421.358 14,023 116.483 60,000 270,000

Great Lakes Region Total ........... 155,409.452 89.437.996 106.032,980 39.365.988 30.817.629 12.359.903 42.858.758 25,922,205 Western District Total ............... 425,288.785 337.914.287 379.343.093 309.005.872 205.668.521 135.642.153 163.349,728 185.147.950
Ann Arbor .............................. 692.811 560.957 547,586 401,784 309.906 40,638 Northwestern Region Total ............ 102,033,473 686,722,423 80.485.890 48,614,181 47.011.303 19,010.942 34,314,759 36.541.548
Cambria and Indiana .................. 1,119,467 736.436 1.144,477 743,407 864,113 466.149 300,000 240,000
Delaware and Hudson .................. 9.735,691 5,324,567 8,066,863 3.567.695 2,100,000 4,641,660 Chicago and North Western ............... 7,765,024 477,187 2.838,154 d 4,402.345 3.015.880
Delaware, Lackawanna and Western ..... 2.456,860 5,934.934 d 991,344 2.773.508 400.000 d 1.207,182 1,688.824 1,266,618 Chicago Great Western .................. 3,898.979 3.754,290 2.994,726 2,832.297 2,275.300 1,824,000 953.136 686.454
Detroit and Mackinac ................. 274,890 250,612 280.982 253.487 275,090 173,810 Chicago, Milwaukee St. Paul and Pacific. 14,320.600 11.124,608 7,868,940 4,776.553 1.605,000 10,901,288 7,716,468
Detroit and Toledo Shore Line ........ 933,742 768,076 863,242 705.444 690.793 521.773 220,000 220,000 Chicago, Saint Paul, Minneapolis & Omaha d 664.412 d 628.528 d 2.824.916 d 2.827.477 -
Erie ................................. 13,610,973 11.651,351 6,974,046 5,790,171 d 1.380.937 d 3.099.963 5,689,782 5,689,781 Duluth. Missabe and Iron Range ........ 10.540,400 5.513.392 10.151.635 5.020,017 9.560,000 3,186,600
Grand Trunk Western ................ .. 4,424,226 349,820 609,259 d 3.414.701 d 2.016 Duluth, South Shore and Atlantic ....... .. 684,293 321,404 406,382 37.401 -
Leigh and Hudson River ................. 278.891 331,837 293.590 343.919 203,310 171.523 258.335 211,365 Duluth, Winnipeg and Pacific ........... 158,055 d 121.808 d 27.804 d 522.651 -
Leigh and New England ................ 1.038.404 956,328 887.623 780.970 967.939 586.321 884.000 136,000 Great Northern ......................... 29.579.940 21,878,358 30,199,507 23,579,200 18.100.000 10.218,718 14,265,083 12,724.524
Leigh Valley ......................... 8,228,075 4.990,953 5,.764,078 1,956,062 d 1.751.035 d 911.100 1,802,508 1,346,340 Green Bay & Western ..................... 384,640 161,259 410.432 80,142 422,189 174,077 125,000 125,.000
Monongahela ........................... 458.623 127,495 11.327 d 315.766 d 31.605 Lake Superior & Ishpeming .............. 1,696.463 767,858 1,696,578 748.419 1,105.548 160,000 428.400 374.850
Montour .............................. 449,269 461.535 423,708 436,838 209,009 252,737 Minneapolis & St. Louis ................ 1,776.354 1643437 1,679,597 1,498,028 1,257,000 979,699 1,104,005 5,940,000
New York Central ..................... 67.371.231 24,701,991 47,763,034 2,927,668 1,884,233 1,651,717 12,956,829 Minneapolis, St. Paul & S. S. Marie .... 3.372,430 2,513.788 2.492,276 1,756,230 2,170.000 400,000 719,104 179,776
New York, Chicago and St. Louis ...... 20,190,092 15,899.057 15,226,697 11,859.672 14,881,000 11,490,000 6,128,016 8,224,204 Northern Pacific ....................... 18,714.772 13,763.406 17,632,411 13.343.735 8,420,000 1,837,000 5,579,645 5,579,348
New York, Ontario and Western ** ..... d 1,659.811 d 1,450,445 d 2.994.575 d 2.788.853 Spokane International .................. 680,858 595,151 543,144 453,121 399.000 201.100 239,098 199.248
New York, Susquehanna and Western .... 300,203 332,276 d 89.805 d 36,438 49,100 37.500 Spokane, Portland and Seattle .......... 5.466,415 5.146.759 2,578.850 2,128,450 1,697,266 157,468 -
Pittsburgh and Lake Erie ............. 11,966,123 7.521,386 10,484,405 6,531.937 5,655,142 402,920 3,886,425 3,886,425 Wisconsin Central Railroad Company ..... 3.658,662 1,811,862 2,055,978 113.061 d 127.720 -
Pittsburg & Shawmut .................. 850.994 535,654 480,732 322,435 11.650 -
Pittsburgh and West Virginia ......... 1.237,306 1,022.209 846,834 606,644 553.135 d 3.536 610,000 610,000 Central Western Region Total ......... 228,156,130 189.941,596 235,702,810 204.399,173 122,991,862 94.977,755 111.434,118 128,823,287
Wabash .............................. .. 11,451,392 8,430,967 9,440,221 5,920.105 4,928,832 1.786.596 3.792,379 4,091,472
S Atchison, Topeka and Santa Fe j/ ....... 68,214,681 56,106,427 64.384,223 51.575,189 48,178,100 30.151,000 21.307.270 40.187,480
Central Eastern Region Total ....... 161,277,861 110,087,417 99.888,352 50,346,297 29.358,307 8,074,965 36.960,807 22,336,153 Chicago, Burlington & Quincy ........... 24,639,829 25.313.883 20,013.756 20,363,714 10.498,600 12,082,119 9.396,129 9,396,129
Chicago. Rock Island and Pacific ....... 18,848,249 17,096,891 15,219,954 15,071,514 5,128,000 4,098,000 6.221.483 7.708.704
Akron, Canton and Youngstown ......... 551,038 326,123 417,951 217,129 456,078 104,533 142.551 142,635 Colorado and Southern .................. 1.233,623 1.168.538 1,230,978 1.146,277 700,064 320,399 339.988 989.785
Baltimore and Ohio ................... 37.852,219 29.104,014 23,072.292 12.680,432 4,655.919 d 2.674 7.493,905 4,917,478 Colorado & Wyoming ..................... 591,909 391.775 562.300 357.370 517.700 244,000 330,000 481,919
Bessemer and Lake Erie ............... 6.516,025 4.899,562 6.292,327 4,651,699 5,077,623 2,179,133 419,976 419,976 Denver and Rio Grande Western .......... 13.623,375 12,835.601 10,685,.861 9,630,862 7,961,985 5.041,100 5.274,973 4,150.573
Central R.R. Co. of New Jersey ....... 4.486,460 3,428,401 997,182 70,057 11.806 d 21.345 Fort Worth and Denver .................. 1.839,200 2.531.955 917.156 1.588.925 112.875 650,576 -
Chicago & Eastern Illinois ........... 3.717,387 3,077.070 1,644,545 1,536.564 d 826.200 d 278.000 578,169 1,075,861 Northwestern Pacific ................... 1,034,.172 952,791 1,062,861 975,122 1,080,409 919,857
Chicago & Illinois Midland ........... 883,424 466,421 783.053 374.529 827,170 365.196 Sacramento Northern** .................. 163,633 142,997 d 545.152 d 572.995- 6,184 -
Chicago, Indianapolis and Louisville 1.962,401 1,769.020 1.294.740 1,062.948 819.000 613,000 859.284 429.642 Southern Pacific Co., Inc. Leased Lines 47,089,198 38,687,100 44437,587 36,727,255 8,175,863 8,102,932 27.141.366 27,141366
Detroit. Toledo and Ironton ............ 4,283,614 3.007.849 3.958,916 2.628.576 1,765.274 d 79.068 1.226.665 Southern Pacific Transp. System D ..... 54.366,847 44,297.070 49.670.090 40,676.105 11.583,287 10.253,038 27,141.366 27,141,366
Elgin, Joliet and Eastern ............ 6.298.548 1.390.362 6.347.391 1.288,894 6,215.901 380.497 Toledo, Peoria & Western ............... 729.624 697,841 695,.791 654.255 735.790 706.974 175.500 162,000
Illinois Terminal .................... 521,946 637.295 36.158 116.969 565,171 d 114.003 Union Pacific Incl. Leased Lines ....... 42,970.264 28,998.627 72,332.354 63,045.934 36.500,000 31,200.000 39,548,284 35,.102.464
Long Island ........................ .. 1,718,606 d 1,932,368 1,032525 d 3.528.764- Utah ................................... 108,911 d 107.703 109,240 d 119.115 107.476 -
Missouri-Illinois ....................... 1,344,977 1,135,006 1,310,722 1.164.663 765,100 304,400 261,545 135.000 Western Pacific ........................ 7,069.462 5.124.873 4,595.901 3.954.866 3.295,000 1,454.614 1,699.125 3.502,867
Pennsylvania........................... 71,571,108 46,611,423 40.392,808 19.561.323 1,166,000 1,460.000 19,751,631 9,875,816
Pennsylvania-Reading Seashore Lines .. d 3.018.333 d 2,841,826 d 3.849.383 .722.651 d 15,575- -
Reading .............................. 13.683.250 12.405,463 9.799.781 8,461,374 3.537.577 1,153,196 4,896,431 4,896,195 Southwestern Region Total ............ 95,099.182 79,250.268 63.154.393 55,992,518 35,665.356 21.653.456 17,600,851 19.783,115
Staten Island Rapid Transit ............ 538.619 662,399 d 1.009,.057 d 1.139.965- -
Western Maryland ..................... 9,443.810 7.266.001 7,366,401 4.922,520 4,337,463 2,010,100 1.330,650 443,550 Beaumont. Sour Lake & Western" ........ .. 282,507 1.151.935 473.321 1,311.505 197.866 d 277.197 -
International-Great Northern** .......... 3,500,694 2,363,472 1,151,981 52.597 d 130,000 -
Focahontas Region Total ............ 110,784,246 76,650,644 98,094,263 62,243,693 75,465,490 33,011,980 54,036,842 51.360,078 Kansas City Southern ................... 7.256,802 6.913.857 5.878,033 5,125,619 5.955.000 4,699,700 4,407.193 3.897,594
Kansas, Oklahoma & Gulf .................. 707,087 663.536 596,787 551,521 442,884 414,055 416,663 416,649
Atlantic and Danville ............... 19,845 d 117.112 d 51,544 d 149.276 Louisiana & Arkansas .................... 5,628,005 4,812,766 5,227.548 4,382,822 3,829,000 2,684,886 --
Chesapeake and Ohio .................. 64,444,787 45.834.164 53,467,216 33,067,300 36.650,000 11,800,000 25,128,778 24,073.033 Midland Valley ......................... 259,429 212,194 262,565 217907 161024 91,370 -
Norfolk and Western .................. 33,370.016 21,102,543 33,283,683 20,977,864 28.650,000 15,000.000 21,779,451 20,350,468 Missouri-Kansas-Texas ................... 5.930.710 6.382.516 2.946.857 3,473.981 d 149,000 2,803 2.334.518 3,335.025
Richmond. Fredericksburg and Potomac 2,542,840 2,528,236 2,857,786 2,917,860 2,518,000 1.736.912 1.698.733 2,132,125 Missouri Pacific** ..................... 25,688,455 22,398077 11,912,372 9,899,191 1.300,000 d 412.248 -
Virginian ............................ 10.406,758 7.302,813 8.537.122 5,429,945 7.647.490 4.475,068 5,.429,880 4.804.452 New Orleans. Texas & Mexico ............. 2,779.947 1.844.388 386,561 d 555.517 d 21717 d 118,169 -
Oklahoma City-Ada-Atoka .................. 106.512 196.009 .11,154 206,826 85,822 182,308 240,000 192,000
Southern Region Total .............. 176.086,099 143.198,467 134.57,665 101,080,203 67.488.934 52,287,612 60,150,932 56,393,390 St. Louis. Brownsville and Mexicoe. .... 2,949.993 2.518.147 2,171,630 1.747.152 471.505 48.000 -
St. Louis-San Francisco ................ 13,083,814 9,808,251 8,728,478 5,291.239 5.255.651 1,238,000 5,707,062 7,471,432
Alabama Great Southern ............... 3.102.457 2,108.850 3.524,296 2.430.271 1,613,000 570.000 1,793,656 1,793,656 St. Louis, San Francisco and Texas ..... 230,818 294,446 204.278 276,888 213,349 275.379 -
Atlanta & Saint Andrews Bay .......... 759.935 677.087 709.885 667,560 750,883 682,906 479,712 659,714 St. Louis Southwestern .................. 9.836.527 6.920,184 9,746.218 14,809.688 9.899,948 6,696.443 1.853.240 1.853,240
Atlanta and West Point ............... 114,992 144,954 156,213 181.894 4,125 24,636 73,908 San Antonio. Uvalde & Gulf**" ........... d 557205 d 49648 d 739191 688281 -
Atlantic Coast Line .................. 11,291,685 10.028,370 12.344,842 10.713,063 d 1.350.000 525,000 4,948,332 4,948,332 Texas and New Orleans .................. 7,277.650 5,609.970 5,122.504 3.838.851 3.407.424 2,150,106 *
Central of Georgia .................... 4,463.113 3,836.727 2,903.537 2.268.367 852,085 2.556.255 Texas and Northern ..................... 940.848 335,314 941,667 334,949 300,000 275,000
Charleston & WesternCarolina........ ?713,682 656.707 387,982 311,260 20,000 15,000 Texas and Pacific ....................... 8,979.719 7,225,072 7,904,489 5.727,088 4,471,000 4,109,000 2,342,175 2,342,175
Cincinnati. New Orleans & Texas Pacific 8,700.329 6,487.959 7,178,985 5,025,380 6,262,000 5,205.000 3,710.670 3.710,670 Texas Mexican ........................... 216.870 96,614 127,141 d 11508 145,600 d.980 -


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


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


are asO$Ie






IC lts*


54: 9 55-


Subject to revision


UNIVERSITY OF FLORIDA

1III III IlII I IIIl I I IIIIII11 III INTERSTATE COMMERCE COMMISSION
3 1262 08851 3469 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 129 steam railways
(SWITCHING AND TERMINAL COMPANIES NOT INCLUDED)


^!^ tit^f~t,)^M12S
e 1955



SMAR 2 1956

\,! I' /-


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 chrreea ...................
8. Other Deductionse ..................................
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 I N. ..' /7


UNITED STATES


EASTERN DISTRICT


POCAHONTLRO -- /


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 Fo -nthe of


1955


$77 668 504
57 904 496
135 573 000

8639 001
126 933 999

3 618 798
24059899
477 633
28156 330
98 777 669
3 773 477
95 004 192
45 489 945
5 737 114

55 503 043
4 596 425
4.51


1954


$108 001 790
55 964 673
163966463
8686452
155 280 011
5 171 866
25 '718 167
623 520
31 513 573
123766438
5 251 083
118 515 355
43 826 212
d 15 283 367

29 916094
3 722452

4.93


1955 1954


Ji127 997 709
'270 817 414
1398 815 123
57 170 001
1i3 41 645 122
59 735 407
311 429 300
3 222 485
374 387192
967 257 930
42 190 862
925 067 068
534 951284
416 967 362

370799 789
49 706 393

3.58


$874 017 894
276652367
1.150 670 261
51587231
1099 083 030
60 830 191
317790365
3338 478
381 959 034
717 123 996
36864445
080 259 5 51
526 583 217
226 265 940

306 605 214
72626278

2.88


$20 125 909
15 926 573
36 052 482
1665 736
34 386 746
2 644 Oil
9 572 569
122 702
12 339 2 82
22 047 464
1 575 4 49
20 472 015.
16 634 144'
S5 585 186

14169686
397460

2.79


$36 902 482
17 1633 51
54 065 833
2 836 679
51229154
4 180 0 90
10 112 285
117 481.
14 409 856-
36 819 298
3 6 05 4 3 7
33 213 861
16 261 416
d 16 501 920

14455010
2171660

3.56


$658 295 983
89 112 760
447 408 743
14 295 03 9
433113 704
47 786 429
126 778 449
967 486
175 532 36 4
257 581340
19 01 471
238 569 869
194 029 070
57 022 117

83 785 891
13650461

2.47


O245 155 189
91112 567
336267756

14729613
321 538 143
48960520
130441 231
1036700
180 438 4 51
141099692
18 471 402
122 628 290
194 174 6 54
4105 642

50381770
18 936424

1.78


$12 374 935
2202 591
14577 526
861 028
13 716 498
7295
1317 505
16 8021
1 341 602
12274896
12 374896c
3269899
d 338909

4906
227 402

10.22


$12 803 354.
2195 620
14998974
280909
14 71'8065
7 130
1 373 953
14014
1 395 097
13 322 968
13 322 968
3 218 752
d 1 633 894'

3023
214 828'

10.55


$123 159 181
5352 315
128 511496
1810 420
126 701076
94 519
15 981 405
155 993
16 231917
110 469159
110 469 159
38 756 610
75 126 581

51254 371
3014785

7.81


$89 453 9 9
6 861 7 15
96 315 713:
3 815 544
9"2 500 169
90 176
16 676 036
167298
.16 933 510
75 566 659
2
75 566 661
38 544 035
31 378 086

48 460 850
3117083

5.46


EASTERN DISTRIS N
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

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


1. Net railway operating income ....................... $32500844 $49 705 836 $481 455 164 334 609187 21016 488 6 $17 826 160 $197 102 588' 161 024 62 7 $24 151 172 $40 469 794 $449 439 957 378 384 08C
2. Other income ...................................... 18129164 19358971 94465075 97974282 4532925 4406798 27198397 24896626 35242407 32198904 149153942 15378145<
3. Total income ...... ........................ 506350008 69 064 807 575 920239 432 583 469 25 549 413 22 232 958 224 300 985 185 921253 59293 579 72 668 698 598 593 899 532165 535
4. Miscellaneous deductions from income ............... 2 526 764 3 117 588 16105459 18 545157 2291660 758857 9 721189 6063697 3620577 4 810007 31 343 353 26978 377
5. Income available for fixed charges ............ 48103244 65947219 559814780 414038312 23257753: 21474101 214 579796 179857556 55573002 67858691 567250546 505187162
6. Fixed charges:
6-01. Rent for leased roads and equipment ....... 2.651306 4187220 47880948 49050696 931269 890266 10166279: 10043244 36223 94400 1688180 1736253
6-02. Interest deductions / ...................... 10890074 11 486 238. 142759854 147117267 3931229 4033044 48267099 49069407 9238 596 10198885 120402 347 121603693
6-03. Amortization of discount on funded debt ... 139504 131495 1123479 1203998 145 19 303654 493648 540267 192610 188371 1605358 1 594212
6-04 Total fixed charges .................. 135680884 15804953 191764281 197371 961 5008 017 5 226964 58927026 59652910 9 467429 10481 656 123695885 124 934155
7. Income after fixed charges ................... 34422 360 50142266 368050499 216666 351 18249 736 16247137 155 652770 120204638 46105 573 57 377035 443 554 661 38025300
8. Other Deductions .................................. 1575449 3605437 19011471 18471400 390819' 392197 3266188 3269495 1807209 1253449 19913203 1512355C
9. Net income ........................................ 328 646911 46 536 829 349039028 198 194 951 17858 917 15 654 940 152 386 582, 116 935 143 44298 364 56 123 586 423641458 365 129 45'5
10. Depreciation (Way and structures and Equipment) ... 19904043 19480168 232785680 232718689 6291681. 6217737 75451168' 75076261 19294221 18128307 226714436 21878826
11. Federal income taxes .............................. d 5 924 095 8 135 814 132148698 35 483728 8051 508 2 865 313 75 540 442 55 152 925 36 09 701 d 12 866 209 278222 135 629287
12. Dividend appropriations:
12-01. On common stock ............................. 14174592 14 458033 135040 262 98842 620 3323 596 2 364 756 57473595 50288622 38004855 13 093 !305 178 285932 157473972
12-02. On preferred stock ....................... 624862 2 386 488 16 665246 22 053507 6000933 8 469 524 3 971 5 63 1 335 964 27 040 214 42103 24
Ratio of income to fixed charges (Item 5-6-04) 3.52 4.17 2.92 2.10 4.64 4.11 3.64 3.02 5.87 6.U7 4.59 4.04


UNITED STATES UNITED STATES
Selected Expenditure and Asset Ites Balan at the end of Decemer Selected Liability Items Balance at the nd of December ANALYSIS OF NET INCOME--ALL CLASS I RAILWAYS
Balance at the end of December Balance at the end of December
1955 1954 1955 1954
Reported showing Reports showing
17. Expenditures (gross) for additions and betterments- 40. Funded debt maturing within 6 months ..... $220,956,768 $178,762,000 Period Net Income Net Deficit
Road $340,108,913 $321,519,725
18. Expenditures (gross) for additions and betterments- 41. Loans and bills payable / 21,183,203 3,946,084 Number-Amount Number Amount
Equipment 568,333,825 498,725,843 42. Traffic and car-service balances-Cr.. 123,398,159 98,785,074
19. Investments in stocks, bonds, etc., other than those 4 Audited accounts and wages payable 516,640,166 447,225,470 December 1955 96 $105,204,864 26 $10,200,672
of affiliated companies (Total, Account 707) 432,126,594 405,528,141 44. Miscellaneous accounts payable 192,643,540 193,785,680 December 1954 96 122,602,482 26 4,087,127
20 Other unadjusted debits 77,417,679 74,718,356 45. Interest matured unpaid 47,845,302 61,274,678 12 months 1955 108 941,065,993 14 15,998,925
2. h4 4. Dividends matured unpaid 39,567,695 29,225,735 12 months 1954 100 711,793,395 21 31,533,844
21. Cash ...... 899,453,121 869,585,536 47. Unmatured interest accrued ...... 77,844,310 74,052,504
22. Temporary cash investments ....... 1,251,210,471 870,460,538 4g. Unmatured dividends declared ..... 32,246,255 27,111,500
2). Special deposits ........81,334,975 93,397,465 49. Accrued accounts payable 296,227,130 213,341,367
24. Loans and bills receivable.. 8,205,084 435,547 50. Taxes accrued ... 696,290,263 548,733,003
22. Traffic and car-service balances-Dr. 66,221,105 64,214,904 51. Other current liabilities 95,274,366 92,694,114
2 Net balance receivable from agents and conductors 184,153,439 136,776,095
27. Miscellaneous accounts receivable 288,992,375 2 6984,169,482 52. Total current liabilities (items 41 to 51) 2,139,160,389 1,790,175,209 clabsorbed by the controllincoy(or defil excludes
29. Interest and dividends receivable 14,933,427 15,563,992 53. Analysis of taxes accrued: one road which reportednonotincomeforth tel
30. Accrued accounts receivable 254,614,492 225,717,201 53-01. U. S. Government taxes ......... 531,540,542 402,472,410 month. of 1954.
31. Other current assets 22,535,369 28,956,400 53-02. Other than U. S. Government taxes 164,749,721 146,260,593
54. Other unadjusted credits ...... ....-- ......... 392,497,949 395,378,472
32. Total current assets (items 21 to 31) .. 3,737,831,790 3,297,321,411


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.
y Includes obligtions which mature not ore than one year tWP
date of L1eis.


-r








INTERSTATE COMMERCE COMMISSION
BUREAU OF TRANSPORT ECONOMICS AND STATISTICS


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


FOR THE TWELVI MONTHS ENDED DECEMBER 1955 AND 1954


NET RAILWAY OPERATING FEDERAL INCOME DIVIDEND NET RAILWAY OPERATING FEDERAL INCOME DIVIDEND
INCOME T E TAXES APPROPRIATIONS INCOME TAKES APPROPRIATIONS
Region and railway T T Region and railway-

1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954 1955 1954


1$ 127 997 709 $874 017,894 .362 $226,265,940 $420,506,182 $379,231,492


........... ... .. I.. .. .. .. ...
IUstern District Total ............. 358.295.983 245.155.189 238,569,869 122,628.290 57.022.117 4,105,642 97,436,352 69.318.194

asta-n District Inml. Pocahonta.
Region Total .................... 481.455.164 334.609.187 349,039,028 198,194,951 132.148.698 35.483.728 151.705,508 120,896,127
Uew Enrland Reinon Total ............ 17,235.888 14,875.623 9.706.492 9,213,690 2,278,414 d 6.00.340 3.199,641 4,583,166

Bangor and Aroostook .................. 3,015,490 2,268.814 1,156.087 705.248 275,009 d 135.162 511.631 191,400
Boston and Maine ...................... 6,894.531 3.243,965 3,322.667 d 552.908 1,197,636 2.801.91 721.276
Canadian National Lines in Hew England d 1.121.442 d 1.755.183d 40 d 191 -
Canadian Pacific Lines in Maine ...... 88,246 101.505 -
Canadian Pacific Lines in Vermont .... d 997488 d 809.008 -
Central Vermont ...................... 326,860 237,597 d 495.613 d 587757 -
Maine Central ......................... 2,288,601 1,824,615 1,113.809 682,115 984,052 61,021 230.310 230.310
New York Connecting ................... 762.814 640.954 91.213 d I95 50,965 -
New York, New Haven and Hartford ..... 5,732.339 9.248,944 4,246,534 9,090,635 d 229.24 d 3.125.248 2,457,700 3,440.180
Rutland .............................. 245,937d 126._50 272.198 d 122.911 -


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 ......
Rew York, Ontario and Western** ......
New York, Susquehanna and Western ....
Pittsburgh and lake Erie .............
P&ttaburg A Shavut ..................
Pttaburgh and West Virginia .........
Wabash ...............................

Central Eastern Region Total .......

Akron, Canton and Youngstown .........
Beltimore 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 .....................


175.420.402 111,634,406 122,603,246


847,364
1.195.527
8,854.875
d 985.528
306.174
1,047,661
7,892,354
792,873
312.522
1,952.426
5.599,213
4 4.81
462,200
52,283,814
16,686.927
d 3.291.331
d 131.161
11,805,027
508.234
623.970
15.844,920


165.639.693 118.645.160 106.260,131


56.722,512


512,016
841,459
3.567,848
3.801,371
282,692
889,314
6.378.652
d 3.319.348
417,938
829.253
2,638,921
d 341.986
453,316
9.187,509
14,460,872
d 3.086.184
45,986
8.517,681
148,254
602.758
9,894.190


27.506.539


28,222
924,943
2,100,000
549,262
264.458
788.577
d 1.472.896
d 9.549
208.665
25,065
d 1.851.035
d 42.142
219.794
2,049,533
16,120,000

49.103
6.438,274
4,695
606.105
505.465


7,494,690


531,385

d 1.756.999
156,962
577.795
d 3.915.167

131,680

d 1.611.100

277,897
1,.730,217
11,200,000

27.500
397,075

d 252.555
-5


48,392.895


199,960
600,000
4,641,660
1.688,824
47,500
600,000
5,689,782

469,700
884,000
1,802,508

408.000
12.956.829
6,128.016


5.181.900

610,oo000
6.484.216


I I I I I


56,692,08.


27,237,164


2.612,292


45,843,816


I ______ I 1 ______ 4 1 4


642,663
23,918.782
6.510,293
810.889
1,916.580
898.141
1.391,857
6.286,997
6.953.338
84,323
636,323
1,403,244
41,183.533
d 4.359.459
10,896.719
d 12.138728
8,224.636


334.376
14.528,789
4,215,995
69,583
2.537.582.
442.826
1,201,075
3,722.956
1.977,472
197.400
d 3,542.934
1.319,496
18.552.235
d 4,009.524
9,189,566
d 1.270.268
7.225,463


287,159
3,434,266
4,724.999
12,970
d 852.500
866.870
825,000
204,587
6,271,549
564,171

766.100
1.286,601
22,247
3,992,682
4,830,463


29.500
235,326
566,266
d 20.056
d 788.000
409.296
700,000
d 462.49
876,658
d 425.753

316,300
1.506.208

872.996

d 1.203.900


142.551
7.493.905
2.919,976

578.169
720,000
859,284
2.698,663
3,500.000


253,090
19,751,631

5.595,897

1,330,650


30,345,667


199,960
600,000

1,266,618
47,500
600,000
5,689,781

328,790
136,000
1.346.340

408,000

8,224,204

5.181,900

610,000
5,706,574


34.389.361


142,635
4.917.478
2,619,976

1,075,861
4,600,000
429,642
2,023,997
764,000


126,545
9,875,816

5,595,661

2,217,750


Pocahontas Reaion Total ............ 123,159.181 89,453,998 110,469,159 75.566,661 75,126,581 31.378,086 54,269,156 51,577.933

Atlantic and Danville ................ 13,708 d 139.278 d 64,.309 d 177.798 -
Chesapeake and Ohio .................. 68,909,097 52.352.427 57,982,747 39,909,850 35.350.000 9,700,000 25,133.684 24,063.482
Norfolk and Western .................. 37,841,242 26,076,488 38,630,611 26,291,200 30.500,000 14.900,000 22,006,853 20,577,870
Bichmond, Fredericksburg and Potomac 2,981,988 2,790,604 3,331,977 3.222,047 2,635,319 1,887,912 1,698,733 2,132,125
Virginian ............................ 13,413.146 8,373,757 10,588,133 6,321,362 6,641,262 4,890,174 5,429,886 4.804.456


Southern Reaion 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 PAcifite


197,102,588 161,024,627 152,386,582


116,935,143


75,540,442


4 *1 I. + 4


4,237.851
766,742
225.187
13.850.532
3,054,347
580.763
7,720,125


3.160,440
730,605
194,859
11,747,486
2.764.083
455,841
5.297.606


1,663.000
808.670
d 63 .114
500,000
182,000
d 45,000
6,732.000


55,152.925


710,000
704,517
366
800,000
d 261,.61
d 35.000
5.535.000


63,474.528 58.758,146


1,793,656
659,604
73,908
4,948.332
852.085

3.710,670


1.793,656
659,714
73,908
4,948,332
2.556.255

3.71,0.670


Southern Region Continued

Clinchfield ............................
Columbus and Greenville ................
Florida East Coast-" ...................
Georgia R. R. Lessee Organization ....
Georgia and 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 ................


$7,299,154
45,648
5.182,368
705.538
226.894
294,257
9,830,740
32,229,516
29,014,734
265,495
2,904,264
2,434,077
742,311
24.363,079
48.430,035
557.595
266.723


$6,865.573
34.245
227.585
1,006,708
d 110.765
145.545
8,922.176
28,258,330
23,921,779
225,709
4,650,266
1,671,727
483,457
22,905,009
34.557.054
233.434
573,794


$71,516
907.934
d 813.639
d 23,644
6,853.693
25,253,474
24,637,846
186,877
1,742,374
2,509.,043
616,585
21,538,121
37.993.249
242,257
235.349


$56,227

d 1.138.325
d 135.766
6,084,754
20,725,624
18,926,644
138,337
3,232,714
1,717,251
356.076
20.132.570
26,262,681
2.324
535.068


$641,202
116,870
d 1.107.305



2,897,000
19,966,000
10.525.117
117,830
d 656.378
2,335,000
489.437
6.486,00o
23,935.545
110
16,458


$640,025
95.215


d 2.500
2,756,000
11.254,000
5,205.307
62,151
1,529,049
1,605,000
133,236
6,368,000
17,975,000

78,620


$24,375



3,710,279
9,634.,203
11.700.oo000
60.358
1,023.935

462,720
11,254,.800
13.385,603

180,000


$24,375



2,438,746
7,908,808
11.700,000
60,358
1,023,935

559.122
8,942,854
12,087,413

270,000


Western District Total ............... 449.439,957 378.384.080 423.641.458 365.129.457 209,278,222 135,629,.287 205.326,146 199.577.219

Northwestern Region Total ............ 104,969.687 77,471,461 84.854,367 57,089,087 45,227.431 16.847,982 37,418,417 39.074,403

Chicago and North Western .............. 7,666,648 652,601 2,386,239 d 592295 3.015,880
Chicago Great Western .................. 4,233,987 4,073,475 3.244,015 3,057.509 2.917.800 1.554,000 1.407.866 1,179.751
Chicago, Milwaukee, St. Paul and Pacific 15,780,525 14.568,518 9,532.282 9.904,.459 1.425,000 d 1.133.21 10.901,288 7.716.468
Chicago, Saint Paul, Minneapolis & u d 763.146 d 534.729 d 3.109.64 d 2.900.166 -
Duluth, Missabe and Iron Range ......... 10,221,532 5,061,398 9,825,635 4,530,242 8,161,000 2,153.900 -
Duluth, South Shore and Atlantic ....... 751.771 302,041 446.806 -
Duluth, Winnipeg and Pacific ........... 249.565 d 87.29 213 1,004 -
Great Northern ......................... 30,154,442 24.226.248 32,063,925 25,441,459 17,550,000 11,098,746 14,265.083 12,724,524
Green Bay & Western .................... 424.348 218,488 444,103 128,053 415,827 212,083 125.000 125.000
Lake Superior & Ishpeming .............. 1,493.254 632,856 1,490.057 612,156 1,052,059 173.449 428,400 374,850
Minneapolis & St. Louis ................ 1,895.809 1.788,063 1.783.925 1,617.601 1.232,000 1,060.175 1,104,005 5.940,000
Minneapolis, St. Paul A S. S. Marie .... 3,461,833 2.,514.423 2,512.141 1,692.999 2,061,000 300.000 719.104 359.552
Northern Pacific ....................... 19,223,760 15,459.345 19.143.618 14.358.045 8.,270,000 1,620,000 7.812,663 7,439,130
Spokane International .................. 752,194 659,619 600.903 505.330 467,000 267,100 239,098 199.248
Spokane, Portland and Seattle .......... 5,923,665 5.801.755 2,742,386 2.495,191 1,700,266 ad 532-
Wisconsin Central Railroad Company ..... 3,499,500 2.134,789 1.747,743 237,500 d 24 52 d 457720 415,910 -

Central Western Region Total ......... 241.641.566 210,248,039 268.533.527 242,607,778 125.633.,388 96,245,887 141.175.919 134.897.542

Atchison, Topeka and Santa Fe / ....... 73,.772,881 63.989,776 77.564,886 66.172.950 50,788.100 31.323.213 45.041,600 40.187.~00
Chicago. Burlington & Quincy ........... 26,490,403 27,748.529 22,157.846 23.011,.720 10,558.348 11,681.714 12,812,903 12.812.903
Chicago, Rock Island and Pacific ....... 20.980,113 20.753.674 16.988,158 18,669,138 4.504,000 3,237.000 8.047.448 10.278.250
Colorado and Southern .................. 1,413,286 1.254,813 1,497.449 1.316.918 878.623 372,024 989.785 989.785
Colorado & Wyoming ..................... 629.071 447.397 597,106 410,180 544,400 291.000 330,000 481,919
Denver and Rio Grande Western .......... 14.953.716 14,069,796 11.788.887 10,554.570 8.840.485 5,570,600 5,274.973 4,150.573
Fort Worth and Denver .................. 1,966,997 2,870,313 878,646 1,765,660 d 2155 654,065
Northwestern Pacific ................... d 17.012 958,921 14,602 983,393 d 87.930 833.670
Sacramento Northern" .................... 4.546 190,817 d 766924 d 597.172 6,184 -
Southern Pacific Co., Inc. Leased Lines 49.525,105 42,334,783 53,096.952 45,819,743 5,619.732 6,921,918 27,141.366 27.141,366
Southern Pacific Transp. System / ..... 57,286,131 48,173.498 51.644,703 44,354.785 9,134.682 9.353.130 27.141.366 27,141.366
Toledo, Peoria & Western ............... 759,439 659,628 767.356 633,168 803.000 667.000 288.000 247.500
Union Pacific Incl. Leased Lines ....... 43.739,492 29.561.550 79,227.256 69,622,665 40.300,000 33.500.000 39,550,719 35.104,899
Utah ................................... 115,373 d 58588 115.767 d 92.353 -
Western Pacific ........................ 7,308,156 5.666.630 4,605,540 4,313,953 2,819.435 1,187,499 1.699.125 3.502.867


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

Beaumont, Sour Lake & Western* ........
International-Great Northern'* .........
Kansas City Southern ...................
Kansas, Oklahoma A 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 ........................


102,828,704


143,882
3,761,499
8,011,340
801,700
6,038.569
236.501
6.361,362
27,503,752
3,060,005
117.544
3.137,833
14,214,974
203,453
10,685.743
d 608.863
7,.761,025
1.026,595
10,163.798
207,992


90,664,580


70,253,564 65.432,592


38.417.403


I 1 4 4


991.094
2,835,867
8,112,243
704.700
5.321.896
183,774
7.157,161
25,409,393
2,520,995
198,547
2,733,554
11.2165,417
319.592
8,693,238
d449.063
6,038,715
410.785
8,178,530
138,142


355,269
1.375,340
6,504,438
682,375
5,635.076
259,590
3,110.778
13,618,390
1,039,441
123.472
2,281,729
9,601,035
176,762
10,579,386
d 513.747
5,298.773
1,027,414
9,280,262
1.17.781


_____________________________ I .1 .~ _________ A .1 .1 ____________________ ______________________________ -


1.160.777
194,395
6.138,88o
581,794
4,868,691
208,924
4,019,829
11,923,857
d 1186.214
212,985
1,897,470
6,358,105
301,135
16.539.618

4,116.366
410.420
7,238.522
37.530


216,866

6,488.000
501,524
4,230,000
153,620
d 350.000
1,400.000
d 29.717
93,029
617,505
6,192,651
191,694
10.310,929

3,514,950

4,768,000
118.352


22,535,418


d 110.189
d 250.836
3.920.105
416,281
2,941.886
94,023
d 136.000

d 575.000
183,072
118,312
1,848,000
280,079
6.880,221

2.431,212

4,931,000


26,731.810


4,407,193
416.663


2.334,518

240,000
2.015.872
5.707,062

1,853,240

5,171.712
300,000
4,285,550


25,605,274


3.897.594
416.649


3.335,025

192.000

7,.471,432

1.853,240

3,878,784
275,000
4,285,550

_0


a/ Includes Atchison, Topeka & Santa Fe Ry., Gulf. Colorado & Santa Fe Ry., and Panhandle & Santa Fe sy.
h/ Data not included in total*. Includes Southern Pacific Company, Texas and New Orleans R. R. Co., and leased lines.


* Report of receiver or receivers.
0 Report of trustee or trustee*.
I Deficit or other reverse item.


United States Tot .


agm 2


1.006,147
1,165,407
10,663,671
2,628,650
302.896
1,124.931
15,067,679
4,689,224
295,224
2,085.752
8,254,374
482,554
489,684
73.897.427
21.872.585
S 1.834.335
294,722
13.162,978
907,585
1,298.631
17.564,616


687,928
833.855
5,748,498
7,071,787
279,617
958,020
12,686.039
658,456
404,348
1,656.464
5,909,599
142,079
480.350
33,034,962
18,665,246
d 1.628.320
456,849
9,586,358
558,892
1.306.674
12,136,705


765,949
38,898,776
6.807,747
4,566,335
4.030,900
1.027,079
2,101,281
6,635.348
6.873.892
615,518
1,401,088
1.428,707
68.966,603
d 3.457.728
15,312,603
d 6231981
10,4 89,576


452.995
29,487.876
4,487,246
3.747,079
3,657,254
543.654
1,956,170
4,135,889
2,078,236
765.303
d 1,899.854
1,286,871
48,061,181
d 3.074.554
13,474,581
d 7481563
10,233.,796


3,230,777
820,153
179.846
12,903,312
4,867,365
938,569
9.370,138


2,264,734
740,909
152,711
10.963.575
4,619,910
835.547
6.875.615


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