Selected income and balance-sheet items of class I railroads in the United States - 1966

MISSING IMAGE

Material Information

Title:
Selected income and balance-sheet items of class I railroads in the United States - 1966
Series Title:
Statement ;
Physical Description:
v. : ; 28 x 42 cm.
Language:
English
Creator:
United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics
United States -- Interstate Commerce Commission. -- Bureau of Accounts
Publisher:
The Bureau
Place of Publication:
Washington, D.C
Creation Date:
1966
Frequency:
quarterly[1962-]
monthly[ former dec. 1956-dec. 1961]
quarterly
regular

Subjects

Subjects / Keywords:
Railroads -- Periodicals -- United States   ( lcsh )
Income -- Periodicals -- United States   ( lcsh )
Genre:
serial   ( sobekcm )
statistics   ( marcgt )
federal government publication   ( marcgt )
periodical   ( marcgt )

Notes

Statement of Responsibility:
Interstate Commerce Commission, Bureau of Transport Economics and Statistics.
Dates or Sequential Designation:
Dec. 1956-
Issuing Body:
Vol. for Dec. 1956-4th quarter, 1964 issued by the Bureau of Transport Economics and Statistics, Interstate Commerce Commission; 1st quarter, 1965- issued by the Bureau of Accounts, Interstate Commerce Commission.
General Note:
"Compiled from ... reports (Form IBS) representing ... railroads (switching and terminal companies not included)" (varies slightly).
Citation/Reference:
Picklist IC1ste34B

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 18020798
lccn - sn 88028524
sobekcm - AA00000588_00011
Classification:
lcc - HE2713 .Un321
ddc - 385.13 fU567s
System ID:
AA00000588:00011

Related Items

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

Full Text

Si If UNIVERSITY OF FLORIDA
SSub ecttorr/ IIIIIIIlN l II IIIIIIIIIIIIII lI INTERSTATE COMMERCE COMMISSION

3 1262 08851 4434 Bureau of Accounts


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


Statement No. Q-125 (IBS)

FIRST QUARTER 1966


Compiled from 76 railroad reports, Form IBS, ( Excluding Switching and Terminal Companies )


UNIV. OF FL LiB.




AU.. DEPO- TO'


U.S. DEPrOST]


Income Items


UNITED STATES
For the first quarter of


1966


1. NET RAILWAY OPERATING INCOME ..........
2. OTHER INCOME...........................
3. TOTAL INCOMF ..................o


4. MISCELLANEOUS DEDUCTIONS FROM INCOME .........
5. INCOME AVAILABLE FOR FIXED CHARGES .......
6. FIXED CHARGES:
6-01. RENT FOR LEASED ROADS AND EQUIPMENT....
6-02. INTEREST DEDUCTIONS I/ ................
6-03. AMORTIZATION OF DISCOUNT ON FUNDED DEBT,
6-04. TOTAL FIXED CHARGES
7. INCOME AFTER FIXED CHARGES...............
8. OTHER DEDUCTIONS ............ ................
9. NET INCOME. .............................

10. DEPRECIATION (WAY AND STRUCTURES AND EQUIPMENT)
11. 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).


$213.336,015
87,562,096
300,898,111

17,320,518
283,577,593

14,522,020
86,893,569
1,059,669
102,475,258
181,102,335
9.582*110
171,520.225

180,306,586
41,657,220


103.569,763
9.684,799
2.77


1965

$163,174,458
81,791,449
244,965,907

15,012,025
229,953,882

14,743,466
82,814,126
878,678
98,436,270
131,517,612
9,895,688
121,621,924

174,132,676
24,658,676


98,685,393
9.773.328
2.34


EASTERN DISTRICT*
For the first quarter of


1966

$71,025,339
35,918.598
106,943,937

7,326,566
99,617,371

11*704,110
40,459,211
393,278
52,556,599
47,060,772
1,879,397
45,181,375

65,964,654
12,877,299


35,610,124
228,224
1.90


1965


SOUTHERN DISTRICT**
For the first quarter of


1966


$56,029,778 $39,160,343
31,512,881 8,505,049
87,542,659 47,665,392

6.364,336 2.549,980
81,178,323 45,115,412


11,988,716
38,605,968
330,732
50,925,416
30,252,907
1,617,344
28,635,563


2.585.503
14,624,900
246,694
17,457,097
27,658,315
672,413
26,985*902


64,972,331 29,874,194
12,406,411 3,318,726


32,887,745 13.746,526
412,337 2.372,413
1.59 2.58


196S

$37,781,235
8,082,454
45,8.63,689

1.715,211
44,148,478

2.508,780
13,780,045
164,541
16,453,366
27,695,112
673,654
27,021,458


WESTERN DISTRICT
F' or the first quarter of


$103,150,333
43,138,449
146*288,782

7.443,972
138,844,810

232,407
31,809,458
419,697
32.461,562
106,383,248
7*030,300
99,352,948


28,317,000 84,467,738
2,163.299 25*461,195


11,834,944
2,374.287
2.68


54,213,113
7,084,162
4.28


$69,363,445
42,196,114
111.55e9559

6,932,478
104,627,081

245,970
30,428,113
383.405
31,057*488
73,569,593
7,604,690
65.964,903

80,843,345
10.088,966


53,962,704
6,986,704
3.37


iWmp" r'pPARTMENT

6


Selected Expenditures and Asset Items


EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-ROAD ...
EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-EQUIPMENT
INVESTMENT IN STOCKS, BONDS, ETC., OTHER THAN THOSE OF
AFFILIATED COMPANIES (TOTAL. ACCOUNT 722) ................
OTHER DEFERRED CHARGES .....................................

* * * c *
CASH ......................................... .....
TEMPORARY CASH INVESTMENTS .................................
SPECIAL DEPOSITS ............... .............................
LOANS AND NOTES RECEIVABLE ................................
TRAFFIC AND CAR-SERVICE BALANCES--DR. ......................
NET BALANCE RECEIVABLE FROM AGENTS AND CONDUCTORS ..........
MISCELLANEOUS ACCOUNTS RECEIVABLE ...........................
INTEREST AND DIVIDENDS RECEIVABLE .........................
ACCRUED ACCOUNTS RECEIVABLE ...............................
WORKING FUND ADVANCES........................................
PREPAYMENTS ................ ...............................
MATERIAL AND SUPPLIES ...........................................
OTHER CURRENT ASSETS .....................................


34. TOTAL CURRENT ASSETS


0
o
Snm



Is .
I" g




4 5
I i|
*>
19


UNITED STATES

Balance at the end of March


$83.175,051
309.847,058

298,207,411
141,778,230


354,452,967
1,174.514,471
60,692,963
9,832,830
56,795,994
266.553,486
273.197,639
18,990,120
430,638,384
12,223,405
15,210,397
482,814,301
42.804.235


(ITEMS 21 TO 33) ..* 3,198,721,192


1965
$56,470,288
332,454,004

268,747,194
138,420,333


356,189,540
1.226,685,867
65,626,268
15,972.012
59.007.924
238,782,577
242,915,732
21,679,061
386,002,686
7,585.438
16,207,729
474.105,736
46,690,107

3,157.450,677


* Includes Pocahontas Region.
** Formerly Southern Region.
1/ Represents accruals, including the amount in default.
2/ Analysis of the net income for the First Quarter 1966 shcws 56
carriers with a net income of $191,651,645 and 17 carriers
with a net deficit of $20,131,420 as compared with the
First Quarter of 1965 which showed 51 carriers with a net
income of $149,252,419 and 22 carriers with a net deficit
of $27,630,495. Excluded from the analysis are three
roads whose net income ( or deficit ) was absorbed by the
controlling company.


Selected Liability Items



40. FUNDED DEBT MATURING WITHIN I YEAR 3/ ..........


41. LOANS AND NOTES PAYABLE 4/ ......................
42. TRAFFIC AND CAR-SERVICE BALANCES--CRH. ..........
43. AUDITED ACCOUNTS AND WAGES PAYABLE ..............
44. MISCELLANEOUS ACCOUNTS PAYABLE ..................
45. INTEREST MATURED UNPAID .........................
46, DIVIDENDS MATURED UNPAID ........................
47. UNMATURED INTEREST ACCRUED ......................
48. UNMATURED DIVIDENDS DECLARED .....................
49. ACCRUtD ACCOUNTS PAYABLE .......................
50. FEDERAL INCOME TAXES ACCRUED ...................
51. OTHER TAXES ACCRUED .............................
52. OTHER CURRENT LIABILITIES .......................


53. TOTAL CURRENT LIABILITIES


UNITED STATES

Balance at the end of March


1966
$479,003,688


7,352,255
73.204,862
289*116,215
159,169,980
54.226.363
23.087,818
82,628,393
38,636,461
818,221,406
183,452,196
265.708,991
171,213,227


(ITEMS 41 TO 52) ..2,166,018,167


54. ANALYSIS OF TAXES ACCRUED:
54-01. U.S. GOVERNMENT TAXFS ..................
r4-02. OTHER THAN U.S. GOVERNMENT TAXES .......
55. OTHER DEFERHED CREDITS ...........................


246,875,535
202,285,652
281,947,534


1965
$467,919,534


17,418,481
76,136,584
307.037,339
135,181,279
52,265,356
22,855,198
80.757,892
34,652,420
774,810,161
141,530,925
265,156 359
142,721,168

2,050.523,162



201,279,613
205,407,671
221,724.225


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


iiiiiiii




- -op


INTERSTATE COMMERCE COMMISSION

Bureau of Accounts


Page 2


SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS

FOR THE THREE MONTHS ENDED MARCH 1966 AND 1965


District and railroad


NET RAILWAY OPERATING
INCOME


NET INCOME


1966 1965 1966 1965

United States Total ............$213,336,015 $163,174,458 $171,520,225 $121,621,924


FEDERAL INCOME
TAXES


1965


DIVIDEND
APPROPRIATIONS


1966


District and railroad


NET RAILWAY OPERATING
INCOME


1965


$41,657,220 $24,658,676 $113,254,562 $108,458,721


Southern District Continued


Eastern District Total ......... 71,025,339


Akron, Canton & Youngstown ....... 180,177
Ann Arbor ........................ D 19,109
Baltimore & Ohio ................. 5,677,009
Bangor & Aroostook ............... 669,949
Bessemer & Lake Erie ............. 972,086
Boston & Maine Corp ............. 299,974
Canadian Pacific Lines in Maine .. 196,504
Central Railroad Company of N.J. D 1,653,194
Central Vermont .................. D 345,080
Chesapeake and Ohio ............. 9,541,168
Chicago & Eastern Illinois ....... 621,216
Chicago & Illinois Midland ....... 377,908
Delaware & Hudson ............... 1,240,028
Detroit & Toledo Shore Line ...... 199,301
Detroit, Todedo & Ironton ........ 1,332,469
Elgin, Joliet & Eastern ......... 1,077,515
Erie-Lackawanna .................. 3,209,216
Grand Trunk Western .............. D 408,681
Illinois Terminal ................ 213,392
Lehigh Valley .................... D 1,498,732
Long Island ...................... D 1,134,660
Maine Central .................... 597,242
Monon ......................... 644,706
New York Central ................. 8,411,667
New York, New Haven & Hartford .1/ D 4,233,840
Norfolk & Western ................ 29,190,858
Pennsylvania ..................... 8,898,588
Pennsylvania-Reading Seashore Lines D1,039,058
Pittsburgh & Lake Erie ........... 3,274,723
Reading ........................... 1,830,009
Richmond, Fredericksburg & Potomac 786,523
Western Maryland ................. 1,915,465




Southern District Total ........ 39,160,343


Alabama Great Southern ........... 489,280
Atlantic Coast Line .............. 5,552,891
Central of Georgia ................. D 372,099
Cincinnati, New Orleans & Texas
Pacific ............ 1,938,276
Clinchfield ..................... 2,531,939
Florida East Coast ............... 29,107


56,029,778 45,181,375 28,635,563


185,175
D 97,934
4,878,231
709,257
897,850
702,436
456,958
D 1,301,930
D 292,848
8,732,358
416,610
276,646
1,019,923
212,431
1,646,650
1,124,079
299,528
94,435
D 127,361
D 548,688
D 1,308,478
665,650
463,432
3,542,920
D 5,735,532
26,518,796
7,832,187
D 1,072,676
2,420,782
947,809
741,356
1,729,726


141,047
D 142,792
2,476,717
741,372
1,303,634
D1,042,450

D2,805,877
D 486,254
9,075,943
386,739
457,475
1,022,861
165,802
1,047,685
1,501,364
745,182
D 2,393,757
127,929
D 1,880,048
D 1,070,415
256,777
408,180
7,578,611
D 4,178,026
21,878,933
5,134,242
D 1,213,761
3,268,002
411,428
1,040,823
1,224,009


37,781,235 26,985,902


467,062 385,450
4,874,206 5,200,901
352,987 D 726,014


131,261
D 213,744
1,249,159
385,586
1,028,739
D 659,620

D 2,228,035
D 743,541
8,082,498
100,184
315,366
841,484
182,979
1,442,989
1,421,055
D 1,437,763
D 1,800,551
D 186,420
D 850,928
D 1,299,802
354,195
204,017
1,520,650
D 5,799,054
19,715,325
4,204,187
D 1,268,129
2,298,599
D 607,032
1,047,844
1,204,065




27,021,458


424,308
4,453,716
D 69,620


1,344,943 930,102 415,480
1,846,423-
533,247 76,822 321,193


12,877,299 12,406,411


32,532 42,044

46,299 46,500
242,200
695,563 1,027,100
36,408 27,789

701 4,654

2,750,000 200,000

439,900 346,900
337,900 196,391
69,739 91,366

1,122,415 761,632
82,341




80,000

D 2,051,085 D 306,050
59,175 86,559
6,631,000 6,525,000
3,000 D 42,000

1,375,639 1,804,276
82,022 85,500
639,750 529,550
524,000 657,000




3,318,726 2,163,299


111,000 116,000
200,000 425,000
D 661,000 D 389,500

372,000 D 56,000
147,415 148,464


35,838,348 33,300,082


508,128


35,962
149,988




8,687,916



60,000


95,274


35,962
149,988




8,858,506


1,547,220
60,000


Georgia Railroad, Lessee Organization $ 153,693 $ 34,137
Georgia Southern & Florida ........... D 33,319 89,410
Gulf, Mobile and Ohio .............. 2,445,128 1,851,816
Illinois Central ..................... 4,534,588 4,330,589
Louisville and Nashville ............ 7,110,572 6,305,227
New Orleans and Northeastern ......... 149,847 250,392
Norfolk Southern ..................... 74,535 D 15,006
Piedmont and Northern ................ 311,586 225,155
Seaboard Air Line .................... 4,838,360 4,887,300
Southern ............................. 9,405,959 10,403,347




Western District Total ............. 103,150,333 69,363,445


11,315,688
1,014,077
3,983,022
286,738
986,778
D 1,590,387
191,238
3,013,476
D 3,266,193
382,423
D 329,275
1,592,665
1,662,053
D 514,171
1,052,236
D 1,108,101
9,510,375
913,191
D 408,166
3,499,607
5,363,566
997,126
16,094,603
992,038
1,209,740
190,369
11,208,188
1,120,541


809,599 613,333 Atchison, Topeka & Santa Fe. ......... 17,117,444
Chicago & North Western .............. 1,398,971
Chicago, Burlington & Quincy ........ 5,527,294
-- Chicago Great Western ................ 312,068
Chicago, Milwaukee, St. Paul & Pacific 5,324,813
-- Chicago, Rock Island & Pacific ....... 2,405,078
-- Colorado & Southern .................. 330,960
131,414 23,078 Denver & Rio Grande Western .......... 3,325,251
Duluth, Missabe & Iron Range ......... D 1,367,278
3,562,981 2,171,953 Duluth, Winnipeg & Pacific ....... .. 495,450
Fort Worth & Denver .................. D 13,693
L3,951,755 14,096,060 Great Northern ...................... 4,514,725
5,552,712 3,442,517 Kansas City Southern ................. 1,945,410
Lake Superior & Ishpeming ............ D 580,024
1,058,658 1,056,163 Louisiana & Arkansas ................ 1,074,194
-- Missouri-Kansas-Texas ................ D 1,457,279
543,324 453,471 Missouri Pacific ..................... 10,370,061
785,911 696,557 Northern Pacific .................... 2,426,759
Northwestern Pacific ................. D 225,021
St. Louis-San Francisco .............. 3,704,234
St. Louis Southwestern ............... 5,613,240
Soo Line ............................. 1,897,484
16,118,939 14,209,231 Southern Pacific .................... 17,727,300
Spokane, Portland & Seattle .......... 1,106,074
Texas & Pacific ...................... 1,623,338
Toledo, Peoria & Western ........... .. 175,132
2,018,952 1,343,675 Union Pacific ........................ 16,989,946
Western Pacific ...................... 1,388,402


$D 89,140
1,681,569
3,698,704
5,001,143
72,228
t 12,032
394,678
3,863,874
6,507,617


$ 35,617
1,332,328
3,622,539
4,554,740
183,657
D 37,158
267,546
3,992,639
7,524,473


409,066
140,204
695,000


350,041
945,000
2,000,000


99,352,948 65,964,903 25,461,195


16,741,476 11,465,443
35,467 D 115,954
4,326,958 2,963,130
225,052 135,201
2,875,279 D 1,608,673
1,561,701 D 2,711,073
241,500 226,158
2,691,671 2,467,008
D 1,087,096 D 3,048,637
378,673 265,722
D 49,924 D 392,025
5,620,915 2,156,676
1,385,364 1,130,949
D 636,354 D 546,201
1,044,748 1,081,756
D 2,137,459 D 1,645,548
6,374,329 4,457,520
4,698,153 3,313,282
D 180,021 D 360,987
2,056,348 1,903,925
5,497,900 5,278,915
1,302,849 397,121
19,071,204 17,332,443
719,503 608,814
1,104,548 797,565
198,728 176,779
23,880,473 19,322,763
1,410,963 912,831


5,108,946

746,950



D 71,408
1,385,200
D 1,707,396


1,457,000
349,000

339,000

2,190,000


703,000
2,164,347
391,000
3,586,178
405,000
53,200
110,000
8,300,000
D 48,822


$ 623,007 $ 579,020
$D 951,000 1,916,883 1,593,357
D1,104,200 2,472,027 1,853,081
-

214,535 .- -
1,387,000 'k 'I198074 9102
2,373,00P',. /6,889,996 0'/.4?' ?96
S /' ....


| o i v
10,088,9 61\ 61,297,275 60, 4,48

D 661,0O 0 9,850,598 2
S383,041 25756
D 341,400 2 .. 2,5fit,581
228,511 # t8,589
451.687' .., 733,854
-)'"- 729,228
D 81,989
1,036,400 1,769,448 1,614,242


D 361,000
'418.555

341,385

D 193,000


647,000
2,670,005

2,334,441
235,000
D 112,000
114,000
4,200,000
D 157,411


4,613,562
*; h..2 '19>lo, .
84,,276


2,303,297
3,924,606

2,777,960
994,185
1,898,864
10,178,069



11,645,438
2,101,880


4,600,429
1,"21,198
-*84,725


2,322,376
3,615,747

1,948,066
994,185
1,898,864
9,499,478

2,224,378

11,816,776
1,001,244



GPO 91ll 23


D Deficit or other reverse item.
1/ Report of trustees.


0


1965


NET INCOME


1966 1965


FEDERAL INCOME
TAXES


1966


DIVIDEND
APPROPRIATIONS


1965


0


1







zarc ,c.g3L: L 6~jL


Subject to rnvi


UNIVERSITY OF FLORIDA

S11111111111111111111 1111 i lllllllll IIIi INTERSTATE COMMERCE COMMISSION
3 1262 08851 4301 Bureau of Accounts


Statement No. Q-125 (IB)

SECOND QUARTER 1966


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

Compiled from 76 railroad reports, Form IBS, (Excluding Switching and Terminal Companies)


UNITED STATES


UNIV. OF FL LII.




AUG -3 O



U.S. DEPO-JTOMY


For the second quarter of


1966
$300.304,935
93,248,185
393,553,120


For the six months of


1965 1966
$257,887,278 $513,955,685
83,817,727 180.810,284
341,705,005 694,765,969


1965
$421,061,736
165,609,026
586,670,762


19,370,751 16,954,404 37.006,112 31,966,429
374,182,369 324,750,601 657,759,867 554,7044,333


15 065.800
89.208,610
1,155,760
105-430,170
268,752,199
9,431,610
259,320,589


155,97,008
84,523,312
928,070
101,048,390
223,702,211
10,151,897
213,550,314


29,587,820
176,102.177
2,215,429
207,905,426
449.854,431
19,013.719
430,840,712


30,340,474
167,337*437
1,806,748
199.484,659
355,219,674
20.947.585
335,172,089


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 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).


Income Items

1. NET RAILWAY OPERATING INCOME ..................
2. OTHER INCOME ..................................
3. TOTAL INCOME .............................

4. MISCELLANEOUS DEDUCTIONS FROM INCOME ..........
5. INCOME AVAILABLE FOR FIXED CHARGES .......
6. FIXED CHARGES:
6-01. RENT FOR LEASED ROADS AND EQUIPMENT....
6-02. INTEREST DEDUCTIONS I/ ...............
6-03. AMORTIZATION OF DISCOUNT ON FUNDED DEBT
6-04. TOTAL FIXED CHARGES
7. INCOME AFTER FIXED CHARGES................
8. OTHER DEDUCTIONS ..... .......................
9. NET INCOME\&..............................

10. DEPRECIATION (WAY AND STRUCTURES AND EQUIPMENT)
11. FEDERAL INCOME TAXES ..........................

12. DIVIDEND APPROPRIATIONS:
12-01. ON COMMON STOCK ......................
12-02. ON PREFERRED STOCK ...................

RATIO OF INCOME TO FIXED CHARGES (ITEM 546-04).


Selected Expenditures and Asset Items


1966
$47,714,243
10,698,739
58.412,982


1965
4 42.698.794
11,240,013
53,938,807


1966
; 86,874,586
19,203.789
106.078,375


1965
f 80,480,029
19,322,467
99.802,496


2,901.526 2,212,210 5,451,507 3.927,421
55'511.456 51,726,597 100,626,868 95,875,075


2,628,344
15,115,873
262,336
18,006,553
37,504,903
671,584
36.833,319


2.560,315
14,501.185
170,782
17,232,282
34,494.315
672,414
33,821,901


5,213,847
29,740,771
509,030
35,463,648
65,163,220
1.343,997
63.819,223


5,069,095
28,281,229
335.323
33.685,647
62,189,428
1,346.068
60,843,360


30,320,576 28,797,498 60,194.770 57.114,498
6,923,884 6,063.225 10,242,610 8,226,524


15,274,080 13,356.087 29.020,606 25.191.031
385,587 387.082 2,758.000 2,761,369

3.06 3.00 2.84 2.85
UNITED STATES
Balance at the end of June
1966 1965


EASTERN DISTRICT I/

For the second quarter of For the six months of


1966
$113,900.302
36.535,409
150,435.711


1965
1.03.214,331
31,073,237
134.287,568


1966
$185.240,376
72.454,009
257,694,385


1965
$159.244,109
62,586,118
221,830,227


7.835.336 6,677,197 15.476,639 13,041,533
142,600,375 127,610.371 242,217,746 208.788,694


12.215,378
40.998,934
396,924
53,611,236
88,989,139
1,877,511
87.111.628


12.699,869
38,889,851
341,658
51,931,378
75,678,993
1,863,866
73.815,127


23.919.488
81 458 145
790,202
106,167,835
136,049,911
3,756,907
132,293,004


24,688,585
77.495,819
672,390
102 856.794
105,931 900
3,48.1 210
102,450,690


66,402,408 65,408,658 132.367,062 130,380,989
17,829,330 20.156,819 30.706,629 32,563,230


38.796,106
159,104
2.66


49,861,164 74.406,230 82,748,909
543,159 387,328 955,496
2.46 2.28 2.03


WESTERN DISTRICT
For the second quarter of For the six months of
1966 1965 1966 1965
S138,690,390 111,974,153 $241.840.723 $ 181,337,598
46,014,037 41,504,477 89,152,486 83,700,441
184,704,427 153,478,630 330,993,209 265,038,039

8,633,889 8.064,997 16,077,966 14,997*475
176,070,538 145,413.633 314,915,243 250,0409564


222,078
33,093.803
496,500
33.812,381
142,258,157
6,882,515
135,375,642


336,824
31,132,276
415,630
31,884,730
113,528,903
7,615,617
105,913,286


454,485
64,903,261
916,197
66.273,943
248.641,300
13,912,815
234,728,485


582,794
61,560,389
799.035
62,942.218
187,098 346
15,220,307
171,878 039


85,572,969 81,668,638 170,040,707 162,511,983
42.937,720 19,245,815 68,398,91 29.334,781


51,222,812 50,282,652 105.435,924 104,245,356
3,486,130 3,692.909 10,570,293 10,679,614


5.21 4.

Selected Liability Items


3.9,
UNITED STATES
Balance at the end of June
1966 1965


EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-ROAD ...
EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-EOgtIPMENT
INVESTMENT IN STOCKS, BONDS, ETC., OTHER THAN THOSE OF
AFFILIATED COMPANIES (TOTAL, ACCOUNT 722) ................
OTHER DEFERRED CHARGES .....................................


CASH .......................................................
TEMPORARY CASH INVESTMENTS ................................
SPECIAL DEPOSITS .... .........................................
LOANS AND NOTES RECEIVABLE ..................................
TRAFFIC AND CAR-SERVICE BALANCES--OR. .....................
NET BALANCE RECEIVABLE FROM AGENTS AND CONDUCTORS ..........
MISCELLANEOUS ACCOUNTS RECEIVABLE .........................
INTEREST AND DIVIDENDS RECEIVABLE ..........................
ACCRUED ACCOUNTS RECEIVABLE .................................
WORKING FUND ADVANCES...................*...................
PREPAYMENTS .............................. ........ .... .....
MATERIAL AND SUPPLIES ........................................
OTHER CURRENT ASSETS ............* ...... ................* ....


$172.570,656
767,159,297
297#604,036

162, 891,265


353,985.532
1,139.411,741
50,926,427
10,170.515
54,802.623
283.055,998
283,772,267
20.452.672
445,359.670
12,837,667
17,088.442
497,359,755
35,635,022


34. TOTAL CURRENT ASSETS ......................................... 3204,858,331

1/ Includes Pocahontas Region.
21 Represents accruals, including the amount in default.
3/ Analysis of the net income for the Second Quarter 1966
shows 63 carriers with a net income of $269,169,295
4nd 10 carriers with a net deficit of $9,848,706 as
compared with the Second Quarter of 1965 which
.hoied 5.8 carriers with a net income of $229,480,619
and 15 carriers with a net deficit of $15,930,305.
Excluded from the analysis are three roads whose net
income (or deficit) was absorbed by the controlling
company.


$126.279,768
636,932.099
268,799.327

147.004,616


342,799,286
1,214,587,395
52,463,594
8,620,549
51.951,778
259,801.885
241,551,589
23.798.557
405,845,157
7,415,641
17,414,688
486,319.936
39,613,703

3,152,183,718


40. FUNDED DEBT MATURING WITHIN 1 YEAR P/ ..... $497.543.258


* * *-* f s
LOANS AND NOTES PAYABLE I/ *................
TRAFFIC AND CAR-SERVICE RBLANCE--CR. .....
AUDITED ACCOUNTS AND WAGES PAYABLE .......
MISCELLANEOUS ACCOUNTS PAYABLE ............
INTEREST MATURED UNPAID ...................
DIVIDENDS MATURED UNPAID ..................
UNMATURED INTEREST ACCRUED ................
UNMATURED DIVIDENDS DECLARED ..............
ACCRUED ACCOUNTS PAYABLE .................
FEDERAL INCOME TAXES ACCRUED ..............
OTHER TAXES ACCRUED .......................
OTHER CURRENT LIABILITIES .................


3,593,088
79.081, 129
289.360,750
148.561,149
39,683,664
19 489,924
89,547, 758
35.970o j89
838,981,675
173,292,362
264.031,838
164,087.930


TOTAL CURRENT LIABILITIES ..*........, 2,141.681,455


* * * 0
54. ANALYSIS OF TAXES ACCRUED:
54-01. U.S. GOVERNMENT TAXES ............
54-02. OTHER THAN U.S. GOVERNMENT TAXES
55. OTHER DEFERRED CREDITS...................


236,466,700
200,857.500
289,482,496


4/ Formerly Southern Region.
5/ Includes payments of principal of long-term debt (other
than long-term debt in default) which becomes due
within one year after close of month of report.
6/ Includes obligations which mature not more than one year
after date of issue.


182,295,953 175,874,794 362.602,539 350.007,470
67.690.934 45,465,859 109,348.154 70,124,535


105,292.998 113,499,903 208.,62.70o 212,185.296
4,030,821 4,623,150 13,715,621 14,396.479
3.55 3.21 162.78

SOUTHEisN DISTRICT .I
For the second quarter of For the six months of


oSi




Si 0 .9
* m ur
4. C
-= -


$443,794.778

6.324,744
85,068,165
282,157,434
143,673,761
37,089.836
20,908,630
82,953.626
53.598,590
785,408,275
140.663.446
270,559.611
145,089.575

2,053,495,693



202.379,237
208,843,820
245,660.604







INTERSTATE COMMERCE COMMISSION

Bureau of Accounts


Page 2


SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS

FOR THE SIX MONTHS ENDED JUNE 1966 AND 1965


NET RAILWAY OPERATING
District and railroad INCOME

1966 1965

United Statis- Total............ $513,955,685. $421,061,736-

Eastern District:- Total 1/ ...... 185,240'376* 159,244,109'


Akron, Canton & Youngstown ....... 4'3,233
Ann Arbor .......................D' D 90,645
Baltimore and Ohio ............... ,(i,996,402
Bangor & Aroostook .': .......... 1,438,706
Bessemer & Lake Erie .....:......... 4,167,001
Boston & Maine ................ 1,528,358
Canadian Pacific Lines in Maine .. 772,017
Central Railroad Company of N. J. D 2,199,822
Central Vermont .................. D 287,523
Chesapeake and Ohio .............. 21,349,353
Chicago & Eastern Illinois ....... 2,659,262
Chicago & Illinois Midland ....... 675,217
Delaware and Hudson .............. 2,871,331
Detroit and Toledo Shore Line .... 356,341
Detroit, Toledo, and Ironton ..... 2,699,205
Elgin, Joliet and Eastern ........ 2,859,915
Erie-Lackawanna .................. 9,572,846
Grand Trunk Western .............. 593,933
Illinois Terminal ................ 567,916
Lehigh Valley .................... D 1,534,898
Long Island ...................... D 2,265,654
Maine Central ................... 1,042,872
Monon ........................ 1,383,997
New York Central ................. 29,082,393
New York, New Haven & Hartf6rd 2/ D 7,117,894
Norfolk and Western .............. 61,589,532
Pennsylvania ..................... 23,483,395
Pennsylvania-Reading Seho~ Lines D 2,103,577
Pittsburgh & Lake Erie .......... 7,460,597
Reading ......................... 3,465,824
Richmond, Frederickburg & Potomac 1,769,107
Western Maryland ................. 4,021,636


432,790
D 69,094
13,793,300
1,687,373
3,266,041
2,336,168
1,059,608
D 1,959,252
D 500,156
23,434,272
2,029,222
607,388
2,580,220
341,258
3,152,145
2,613,592
3,988,419
475,128
D 46,646
D 818,536
D 1,585,203
1,128,952
1,005,112
18,451,885
D 9,699,945
57,447,322
22,176,539
D 2,019,660
5,377,751
3,327,164
1,566,492
3,664,460


Southern District Total 3/ ..... 86,874,586. 80,480,029


Alabama Great Southern ..........
Atlantic Coast Line ..............
Central of Georgia ...............
Cincinnati, N. O. & Texas Pacific
Clinchfield ......................
Florida East Coast ...............




D Deficit or other reverse item.
1/ Includes Pocahontas Region.
2/ Report of trustees.
3/ Formerly Southern Region.


1,059,559
11,373,114
D 77,993
4,643,183
4,982,880
221,722


871,371
9,694,604
849,584
3,211,964
4,082,712
991,694


NET INCOME


FEDERAL INCOME
TAXES


DIVIDEND
APPROPRIATIONS


District and railroad


NET RAILWAY OPERATING
INCOME


NET INCOME


FEDERAL INCOME
TAXES


1965


$430,840,712' $335,172,089 $109,348,154

132,293,004' 102,450,690' 30,706,629


342,352 330,782
D 331,911 D 305,740
10,057,697 6,375,140
1,145,011 1,044,714
4,771,444 4,066,561
D 909,598 D 363,899

D 4,355,608 D 3,457,903
D 583,388 D 1,403,100
19,131,056 20,317,770
2,065,752 1,068,458
807,501 698,727
2,379,634 2,202,468
295,675 285,679
2,143,152 3,881,263
3,742,986 3,344,635
4,569,825 513,620
D 3,422,968 D 3,354,324
383,544 D 165,193
D 2,287,957 D 1,384,236
D 2,156,338 D 1,604,108
412,042 514,834
885,728 454,065
25,038,972 13,901,411
D 6,839,054 D 9,976,933
46,206,096 44,128,853
18,134,627 13,674,539
D 2,443,942 D 2,392,302
7,433,316 5,198,622
685,977 323,643
2,320,884 2,085,691
2,670,497 2,446,953


101,459

92,008

3,049,632
72,625

1,173

6,800,000

761,400
868,600
106,314

3,131,977
82,341






D 4,221,365
118,350
13,210,000
95,000

3,660,917
164,048
1,266,150
1,346,000


$70,124,535 $222,578,381 $226,581,775,

32,563,230 74,793,558 83,704,405


151,737

106,970

2,573,558
64,197

10,100

4,425,000

769,000
849,391
145,816


D


D


63,819,223 60,843,360. 10,242,610


1,183,092
10,710,278
D 912,967
2,592,934

77,364


1,102,676
8,982,675
1,038,054
1,366,473

587,511


282,000
D 425,000
D 1,000,000
1,145,000
294,830


508,128


71,924
209,988




17,378,964


1,547,220
120,000
1,668,264


95,274


71,924
209,988




17,551,556
212,357

1,547,220
120,000
2,563,748


DIVIDEND
APPROPRIATIONS


1966


Southern District Continued


Georgia Railroad, Lessee Organization $492,535
Georgia Southern & Florida .......... 271,884
Gulf, Mobile and Ohio ............... 5,195,157
Illinois Central ..................... 9,596,714
Louisville and Nashville ........... 17,753,903
New Orleans and Northeastern ........ 522,067
Norfolk Southern ..................... 266,848
Piedmont and Northern ................ 558,394
Seaboard Air Line .................... 8,937,508
Southern ............................. 21,077,111


$230,728
D 6,057
4,156,398
9,812,485
16,115,952
368,349
D 6,893
411,551
9,253,692
20,441,895


$154,911
3,634,095
8,378,703
13,641,165
466,148
65,634
681,902
7,167,233
15,978,731


Western District Total ............. 241,840,723 181,337,598 234,728,485


Atchison, Topeka & Santa Fe .........


40,329,304


2,146,983 Chicago & North Western ............. 6,456,728
Chicago, Burlington & Quincy ........ 13,447,786
Chicago Great Western ............... 857,398
Chicago, Milwaukee, St.Paul&Racif ic 10,620,276
Chicago, Rock Island & Pacific ...... 4,240,468
Colorado and Southern ............... 742,365
90,000 142,703 46,155 Denver & Rio Grande Western ......... 6,976,442
141,905 Duluth, Missabe and Iron Range ...... 2,317,032
848,474 9,198,010 4,383,786 Duluth, Winnipeg & Pacific .......... 1,043,821
268,498 Fort Worth & Denver ................. 498,972
15,190,000 27,904,170 42,145,570 Great Northern ...................... 14,244,576
84,000 11,109,859 10,334,272 Kansas City Southern ................ 4,175,463
Lake Superior & Ishpeming ........... 189,033
3,962,574 2,117,284 2,112,555 Louisiana & Arkansas ................ 1,969,306
171,000 Missouri-Kansas-Texas ............... D 2,307,554
1,205,880 1,103,317 916,886 Missouri Pacific .................... 20,306,327
1,365,000 1,571,822 1,393,114 Northern Pacific .................... 8,872,749
Northwestern Pacific ................ D 47,217
St. Louis-San Francisco ............. 8,303,934
St. Louis Southwestern .............. 11,304,242
Soo Line ............................ 4,372,159
Southern Pacific .................... 37,251,922
8,226,524 31,778,606. 27,952,400. Spokane, Portland and Seattle ....... 2,242,872
Texas & Pacific ..................... 2,734,497
Toledo, Peoria & Western ............ 306,408
199,000 896,828 896,828 Union Pacific ....................... 36,576,175
1,125,000 4,034,619 2,683,916 Western Pacific ..................... 3,815,239


D 621,500
233,000
296,928


897,000


32,713,888
5,420,803
7,263,068
435,034
2,155,584
D 2,387,050
356,342
6,147,230
963,957
720,537
D 559,716
8,163,339
3,813,346
406,810
1,977,781
D 2,625,929
19,695,679
4,166,887
D 576,967
7,903,134
11,171,974
3,952,908
35,437,018
2,097,158
2,787,166
367,279
26,431,258
2,939,080


38,786,199
3,620,373
10,809,662
675,046
5,577,089
2,562,830
576,196
5,838,027
2,963,186
809,598
379,879
16,577,732
3,270,589
81,498
1,961,006
D 3,548,976
11,729,481
13,931,898
426,121
5,099,563
11,247,731
3,315,277
41,717,578
1,527,868
1,793,381
329,835
49,128,396
3,541,422


SD 111,765
2,987,143
8,359,210
11,866,881
266,058
B 98,716
480,851
7,647,785
16,368,524


$108,000
1,054,066
505,204
1,117,000


610,510
1,087,000
5,464,000


$ D 142,950
D 482,000
164,600


393,446
2,231,800
4,830,000


$1,246,231
3,835,223
4,944,654



4,396,354
11,527,497


$1,154,291
3,187,166
3,702,356



3,900,852
11,529,991


171,878,039 68,398,915 29,334,781 116,006,217 114,924,970


32,428,625
3,5031992
4,871,789
172,959
D 3,011,053
D 4,686,331
422,550
5,027,035
1,475,663
484,433
D 826,397
9,309,110
2,972,875
336,730
2,050,774
D 3,756,466
9,351,032
9,242,630
D 484,711
4,647,849
11,115,267
2,577,759
37,781,869
1,360,444
1,803,775
354,037
40,901,870
2,449,930


12,856,946

2,510,400



D 59,019
3,308,800
1,297,677


5,928,000
880,000

593,000

3,876,000
1,390,000
144,785
1,934,000
4,844,143
1,107,000
11,480,482
914,000
D 75,600
185,000
15,000,000
283,301


3,507,000

D 939,400



D 132,675
2,375,100
37,259


D 411,000
1,051,535

665,385

472,000
425,000
D 30,200
2,062,000
4,569,831

5,163,498
595,000
D 80,000
234,000
9,500,000
270,448


22,810,876
485,570
5,979,355
457,179
4,759,556


3,529,174



9,227,398
2,458,396
167,954


4,613,143
7,849,434

3,963,728
2,282,768
1,898,864
20,356,139


225,000
21,738,594
3,203,089


22,747,047
28,118
5,979,355
457,179
4,739,726
729,228

3,226,347



9,201,455
2,458,396
169,358
150,000

4,644,753
7,232,128

2,663,116
2,282,768
1,898,864
18,998,956

2,224,378
180,000
21,909,932
3,003,866


897,000


s 9I.747






UNIVERSITY OF FLORIDA
S Illllll llllIIIIIIIII IIIIII INTERSTATE COMMERCE COMMISSION

3 1262 08851 4442 Bureau of Accounts


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

Sr UNIV, OF FL LIB.__ Compiled from 76 railroad reports, Form IBS, (Excluding Switching and Terminal Companies)


Statement No. Q-125 (IBs)

Third Quarter 1966


Income Items


UNITED STATES
For the third quarter of


1966


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 2/ ...............
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. FEnERPL 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).


1965


EASTERN DISTRICT 1/


For the nine months of


1966


$268,384.739 $251,215.625 $782,340.426
93,058.966 82.402.895 273.869,247
361.443,705 333,618,520 1.056,209,673


17.728.566 15,975.392
343.715.139 317.643,128


15,129,878
91.197,499
1.148.995
107.476,372
236,238,767
9,363,032
226-875.735


15,948,959
84.236.059
1 020,046
101,205.064
216-438,064
9,972,783
206,465.2R1


54,734,670
1.001,474,995

44,717,698
267,299,672
3,364,424
315.381.794
686,093,201
28.376.751
657,716,450


1965

$672.277,361
248.011.922
920,289,283

47.941.821
872,347,462

46,289.433
251.573.496
2.826,794
300.689,723
571,657,739
30'020,368
541,637.371


184.161,435 176,991.346 546,763,974 526,998,816
53.520.744 42,374.295 162,868,898 112.498,830


111,089.749 77,637,498 319.952,509 289,822,793
2,294.188 2,921.745 16,009,808 17,318,224


For the third quarter of

1966 1965


For the nine months of


1966


$98,895,564 $90,685,406 $284.135,941 $249.929,515
33.631,959 29,530,597 106,085.968 92,116,715
132.527.523 120,216,003 390.221.909 342.046.230

6.598,636 5.967.878 22.075.275 19.009,411
125,928,887 114,248,125 368.146,634 323,036,819


12.349,026
41,291,998
416,763
54.057,787
71,871 100
1.867.975
70,003,125


13,132,540
38,974.358
398,145
52,505,043
61,743,082
1,715 220
60,027,862


36.268,514
122,750.143
1,206,965
160,225.622
207 921.012
5,624,882
202.296,130


37.821#125
116,470,177
1,070,535
155.361,837
167,674,982
5.196.430
162,478,552


66,307.385 65.938,657 198,674,447 1963319,646
12.517,453 15,533.703 43.224,082 48,096,933


39,766,228 13,718.901 114.172,458
252.324 712,553 639,651


96,467,810
1.668.049


3.20


SOUTHERN DISTRICT 4/

For the third quarter of


1966


1965


WESTERN DISTRICT


For the nine months of


1966


For the third quarter of


1965


1966


1965


For the nine months of


1966


1965


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 2/ ..............
6-03. AMORTIZATION OF DISCOUNT ON FUNDED DEBT
6-04. TOTAL FIXED CHARGES
7. INCOME AFTER FIXED CHARGES................
8. OTHER DEDUCTIONS ............................
9. NET INCOME 3/ ...................... .....

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 Expenditures and Asset Items


$ 42,220,212 $34.546,109
9,509,170 9,765,230
51,729,382 44,311.339


$129,094,798 $115,026,138
28,712,957 29,087,698
157,807,755 144,113,836


2,617,097 2,293,422 8.068,604
49,112,285 42,017,917 149.739,151


2.573,829
15,687,051
257.252
18,518,132
30.594,153
671,420
29,922,733


2,542,416
14,204.917
183,834
16,931,167
25,086,750
672.414
24,414,336


30,722,198 29,110,679
6,158,056 1,152,633


13,779,947
117,413


12,399,456
118.663


7.787,676
45,427.818
766,282
53.981,776
95,757.375
2.015,417
93.741.958

90,916,968
16.400.666


42,800,553
2.875.413


6.220,843
137,892,993

7,611,511
42,486,146
519,157
50.616,814
87,276,179
2.018,482
85,257,697

86,225,177
9,379,157


37,590,487
2,880#032

2.72


UNITED STATES

Balance at the end of September

1966 1965


$27.268,963 $125,984,110 $369,109,687 $307,321,708
49,917,837 43,107,068 139,070,322 126,807,509
177.186,800 169,091,178 508.180,009 434,129,217

8,512,833 7,714,092 24,590,799 22,711,567
168,673,967 161,377.086 483.589,210 411,417.650


207,023
34,218,450
474,980
34,900,453
133.773,514
6,823,637
126,949,877


274.003
31,056,784
438,067
31,768,854
129,608,232
7.585,149
122,023,083


661.508
99.121,711
1,391,177
101,174,396
382,414.814
20.736,452
361,678,362


856,797
92,617.173
1,237,102
94 711,072
316.706,578
22,805,456
293,901,122


87.131,852 81,942,010 257,172.559 244,453,993
34,845,235 25,687,959 103,244,150 55,022.740


57,543,574 51,519,141 162.979,498 155.764,496
1.924.451 2.090,529 12,494,744 12.770.143


Selected Liability Items


EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-ROAD ...
EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-EQUIPMENT
INVESTMENT IN STOCKS, PONDS, ETC., OTHER THAN THOSE OF
AFFILIATED COMPANIES (TOTAL, ACCOUNT 722) ................
OTHER DEFERRED CHARGES .....................................


CASH .............................. ........................
TEMPORARY CASH INVESTMENTS ...............................
SPECIAL DEPOSITS ..... ......... .............................
LOANS AND NOTES RECEIVABLE .................................
TRAFFIC AND CAR-SERVICE BALANCES--DR. .........................
NET BALANCE RECEIVABLE FROM AGENTS AND CONDUCTORS ..........
MISCELLANEOUS ACCOUNTS RECEIVABLE ..........................
INTEREST AND DIVIDENDS RECEIVABLE .........................
ACCRUED ACCOUNTS RECEIVALE..................................
WORKING FUND ADVANCES............ ..................... ..
PREPAYMENTS ......................................... ...
MATERIAL AND SUPPLIES .....................................
OTHER CURRENT ASSETS ......................................


$ 25,417,872
1.133,398,108
296,578,428

162.799,669


332,812,400
1.195,699,168
38,471,992
72,063.970
50,301,720
307.450,348
297,882,789
27.035.103
426,890,145
12.210,884
17,568,921
497.761,857
26,964,832


34. TOTAL CURRENT ASSETS ................................. 3,253,114,129


1/ Includes Pocahontas Region.
2/ Represents accruals, including the amount in default.
3/ Analysis of the net income for the Third Quarter 1966 shows 57 carriers with a net income of
$242,832,903 and 16 carriers with a net deficit of $15,957,168 compared with the Third
Quarter of 1965 which showed 57 carriers with a net income of $222,465,675 and 16 carriers
with a net deficit of $16,000,394. Excluded from the analysis are three roads whose net
income (or deficit) was absorbed by the controlling company.


$217,306.246
964,878,877
270,327.681

145,097,853


354,424,914
1,191.343.958
38.283.143
5,779,913
44,675,929
267,635,401
252,853.122
18,762,913
421,226,336
6,979.539
16.241.743
475,221.429
29.281,765

3,122.710.105


40. FUNDED DEBT MATURING WITHIN 1 YEAR 5/ ..... ..... $517,612,545


* *... *... .... * .
41. LOANS AND NOTES PAYABLE 6/ ......................
42. TRAFFIC AND CAR-SERVICE PALANCES--CR. ...........
43. AUDITED ACCOUNTS AND WAGES PAYABLE .............
44. MISCELLANEOUS ACCOUNTS PAYABLE ..................
45. INTEREST MATURED UNPAID ...........................
46. DIVIDENDS MATURED UNPAID ........................
47. UNMATURED INTEREST ACCRUED .....................
48. UNMATURED DIVIDENDS DECLARED ...................
49. ACCRUED ACCOUNTS PAYABLE ......................
50. FEDERAL INCOME TAXES ACCRUED ....................
51. OTHER TAXES ACCRUED .............................
52. OTHER CURRENT LIABILITIES .......................


13,607,878
63,121,977
280,294,631
157-951.394
31.955,229
26,105,243
95,426,072
31,951,413
825,883,740
194.751,740
295,102 819
158,188,831


53. TOTAL CURRENT LIABILITIES .................. 2,194,340,967


54. ANALYSIS OF TAXES ACCRUED
54-01. U.S. GOVERNMENT TAXFS ..................
54-02. OTHER THAN U.S. GOVERNMENT TAXES .......
55. OTHER DEFERRED CREDITS ..........................


259.544,357
230,310,202
292.690,643


A/ Formerly Southern Region.
5/ Includes payments of principal of long-term debt (other than long-term debt in
default) which becomes due within one year after close of month of report.
6/ Includes obligations which mature not more than one year after date of issue.


Income Items


ac
0

.; '




- N
"" I


S^ J


.78 '4. 4


UNITED STATES
Balance at the end of September

1966 1965


$ 437,274,798


3,487,.143
75.917,392
272,109.412
146,611,162
31.438,987
21,125,120
91,716,266
29.195,457
767,458,581
157,470,000
295.999,104
136,965,454

2.029,494.078



219,626.737
233,842.367
266,707,009


1965







INTERSTATE COMMERCE COMMISSION



Bureau of Accounts



SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS

FOR THE NINE MONTHS ENDED SEPTEMBER 1966 AND 1965


District and railroad


NET RAILWAY OPERATING
INCOME


NET INCOME


1965


United States total ............. $782,340,426 $672,277,361


Eastern District Total /f .......1284,135,941


Akron, Canton & Youngstown ........ 754,417
Ann Arbor ......................... 170,070
Baltimore and Ohio ................ 23,659,237
Bangor & Aroostook ................ 1,787,057
Bessemer & Lake Erie ,........... 7,597,618
Boston & Maine .................... 2,490,572
Canadian Pacific Lines in Maine ... 706,089
Central Railroad Company of N.J. .. 3,051,923
Central Vermont ................... 500,203
Chesapeake and Ohio ............... 33,477,350
Chicago & Eastern Illinois ........ 3,714,507
Chicago & Illinois Midland ........ 929,058
Delaware and Hudson ............... 4,099,191
Detroit and Toledo Shore Line ..... 451,767
Detroit, Toledo, and Ironton ....... 3,555,465
Elgin, Joliet and Eastern ......... 4,084,293
Erie-Lackawanna ................... 11,907,987
Grand Trunk Western .............. 2,339,116
Illinois Terminal ................. 784,708
Lehigh Valley ..................... 1,321,601
Long Island .......................- 3,317,726
Maine Central ..................... 1,548,996
Monon ............................. 1,711,249
New York Central .................. 42,880,933
New York, New Haven & Hartford 2.. 9,375,685
Norfolk and Western ..............93,721,490
Pennsylvania ...................... 42,016,036
Pennsylvania-Reading Seashore Lines 2,951,009
Pittsburgh & Lake Erie ............ 11,260,455
Reading ........................... 5,252,893
Richmond, Fredericksburg & Potomac. 2,877,636
Western Maryland ................. 5,894,270





Southern District Total 3/ 129,094,798


Alabama Great Southern ............ 1,791,827
Atlantic Coast Line ............... 16,226,137
Central of Georgia ................ 784,476
Cincinnati, N. 0. & Texas Pacific 6,236,022


FEDERAL INCOME
TAXES


1966


$657,716,450 $541,637,371 $162,868,898


1249,929,515 202,296,130 162,478,552 43,224,082


657,059
216,294
22,536,542
1,858,865
5,390,180
3,655,815
955,675
- 2,623,242
964,293
37,266,158
2,377,737
819,212
3,980,689
441,000
3,885,780
3,880,313
6,193,151
- 1,628,953
19,197
- 1,235,033
- 1,388,847
1,469,140
1,288,175
30,508,831
-13,328,391
86,338,001
37,155,024
- 3,129,292
8,987,264
5,778,227
2,561,171
6,046,460


596,633
524,436
15,621,709
1,137,642
8,434,356
- 1,395,927

- 6,137,770
942,976
29,048,663
2,747,793
1,115,729
3,408,586
353,249
2,611,409
5,487,537
4,235,577
- 8,397,662
498,471
- 2,463,788
- 3,184,155
667,991
981,750
36,564,325
9,023,401
70,979,910
33,391,474
3,470,521
11,358,731
902,356
3,798,521
3,894,354


500,990
131,743
11,541,536
897,383
6,443,207
457,468

- 5,199,419
- 2,307,948
31,918,429
952,567
966,471
3,514,898
352,768
4,377,811
5,023,245
481,276
- 7,467,138
199,468
- 2,145,036
- 1,508,616
515,598
539,402
22,279,637
-13,066,387
66,657,326
23,755,024
- 3,680,565
8,785,084
1,407,229
3,595,395
4,137,064


121,778

136,519

5,595,091
108,460

1,873

8,950,000

1,041,700
1,263,600
86,276

4,969,091
84,166






- 6,886,789
177,525
17,459,000
98,000

5,689,868
246,074
2,145,850
1,936,000


115,026,138 93,741,958 85,257,697 16,400,666


929,115
13,513,768
221,022
4,528,903


1,825,256
15,040,168
- 356,962
3,158,668


1,138,955
12,642,277
36,580
1,799,437


545,000
- 200,000
- 912,000
1,370,000


DIVIDEND
APPROPRIATIONS


1965 1966 1965

$112,498,830 $335,962,317 $307,141,017

48,096,933 114,812,109 98,135,859


149,997

153,320

4,400,967
100,605

8,560

7,986,000

1,078,540
1,068,000
68,665

3,352,634


508,128


557,411
359,975




26,065,166


1,547,220
180,000
2,220,264


95,274


107,886
359,976




26,221,446
497,093

1,547,220
180,000
3,177,062


District and railroad


NET RAILWAY OPERATING
INCOME


1966 1965


1966


NET INCOME


FEDERAL INCOME
TAXES


1965 1966


DIVIDEND
APPROPRIATIONS


1965


Southern District Continued


Clinchfield .......................... $7,168,085
Florida East Coast .................. 65,072
Georgia Railroad, Lessee Organization. 665,817
Georgia Southern & Florida ........... 402,527
Gulf, Mobile and Ohio ................ 7,666,777
Illinois Central ..................... 15,325,917
Louisville and Nashville ............ 26,409,368
New Orleans and Northeastern ........ 773,390
Norfolk Southern .................... 322,334
Piedmont and Northern ................. 744,597
Seaboard Air Line .................... 13,134,988
Southern ............................. 31,377,464


$6,118,001
1,644,743
413,636
391,429
6,345,926
14,444,839
23,938,086
524,849
97,542
573,474
13,273,545
28,850,118


-$195,630

226,251
5,340,109
13,454,705
19,421,905
662,142
4,608
906,519
10,600,468
23,653,751


$854,788

548,225
4,582,324
12,261,912
17,291,369
360,260
115,195
681,864
11,062,516
23,281,995


$444,209


150,000
1,489,066
1,508,204
2,105,000


813,187
1,264,000
7,824,000


Western District Total .............369,109,687 307,321,708 361,678,362 293,901,122 103,244,150


Atchison, Topeka & Santa Fe .......... 59,420,126
Chicago & North Western .............. 10,272,768
Chicago, Burlington & Quincy ......... 20,744,191
Chicago Great Western ................ 1,194,792
Chicago, Milwaukee, St.Paul & Pacific 13,834,168
45,000 153,991 69,233 Chicago, Rock Island & Pacific ....... 3,105,161
141,905 Colorado and Southern ................ 1,039,594
3,171,782 14,563,333 6,597,731 Denver & Rio Grande Western .......... 10,760,912
445,800 Duluth, Missabe and Iron Range ....... 6,848,317
1,790,000 41,857,065 42,295,095 Duluth, Winnipeg & Pacific ........... 1,088,390
- 84,000 19,458,391 10,341,522 Fort Worth & Denver ................. 863,979
Great Northern ....................... 24,779,626
6,867,947 3,175,978 3,169,944 Kansas City Southern ................ 6,308,158
256,500 -- Lake Superior & Ishpeming ............ 1,049,893
1,322,180 1,665,549 1,386,706 Louisiana & Arkansas ... ..........3,140,967
2,258,000 2,357,733 2,089,671 Missouri-Kansas-Texas .................. -3,798,137
Missouri Pacific ..................... 28,238,908
Northern Pacific ......................15,865,024
Northwestern Pacific ................. 90,837
St. Louis-San Francisco .............. 12,329,942
St. Louis Southwestern ............... 16,445,754
9,379,157 45,675,966 40,470,519 Soo Line ............................. 7,226,632
Southern Pacific ..................... 52,392,707
Spokane, Portland and Seattle ........ 3,303,903
238,000 896,828 896,828 Texas & Pacific ...................... 4,087,326
1,175,000 6,054,340 4,028,379 Toledo, Peoria & Western ............. 448,825
1,379,500 Union Pacific ........................ 61,603,135
268,000 897.000 897.000 Western Pacific ...................... 6,605,463


51,629,286
10,157,306
11,884,767
665,959
7,204,181
- 1,881,184
532,772
9,512,464
5,268,150
1,060,990
616,743
19,286,465
5,810,596
866,218
3,214,306
- 4,028,990
29,226,855
10,836,213
152,740
11,282,686
16,994,317
6,810,597
53,927,035
3,141,422
4,063,519
517,510
45,021,771
5,085,980


57,177,490
6,572,612
16,742,726
990,869
6,907,788
1,635,640
837,308
9,215,032
7,824,444
736,692
626,535
27,974,283
4,793,736
888,807
3,167,172
- 5,620,539
15,453,798
23,418,305
431,403
7,553,951
16,212,586
5,532,246
60,039,875
2,423,192
2,701,114
504,471
80,622,371
6,314,455


50,921,111
7,294,528
8,974,987
405,640
182,918
- 4,629,997
581,709
7,818,992
6,039,018
705,920
- 1,052,776
21,064,434
4,442,267
757,719
3,289,085
- 5,681,802
13,243,861
18,448,265
16,042
6,667,444
17,086,627
4,746,615
57,183,587
2,110,232
2,524,642
503,624
65,846,637
4,807,713


17,164,194

4,001,418



43,131
5,113,200
4,859,799


10,514,000
1,075,000
146,000
716,000

4,967,000
3,124,000
46,473
2,958,000
6,665,621
1,667,999
14,100,123
1,444,000
257,400
295,000
23,700,000
986,854


$443,329



77,758
- 171,433
- 273,700


540,703
2,535,000
5,926,000


$1,865,861
5,754,019
7,417,581



6,595,067
16,195,270


$1,727,686
5,100,452
5,554,134



6,096,053
16,169,987


55,022,740 175,474,242 168,534,639


4,951,696

- 337,050



- 230,656
4,032,000
3,567,059


3,031,151
1,474,535
183,705
1,110,385

548,000
2,025,000
35,081
2,299,000
4,896,368
181,926
9,519,417
1,005,000
172,000
332,000
16,200,000
440,285


32,667,858
573,210
9,396,129
685,768
4,762,847


5,288,941



13,841,856
3,687,594
251,650


6,927,021
11,773,853

5,152,105
2,282,768
3,987,614
30,534,208

2,302,072
337,500
37,817,596
3,203,652


32,575,519
43,436
9,396,129
685,768
4,744,726
729,228

4,836,267



13,804,056
3,687,594
253,809
150,000

9,305,161
10,848,920

3,379,769
2,282,768
3,481,250
29,176,968

2,224,378
270,000
33,655,027
3,003,866


- Deficit or other reverse item.
1 Includes Pocahontas Region.
/ Report of trustees.
F/ Formerly Southern Region.


Page 2


90 17-"0S


0


2


-


o





UNIVERSITY OF FLORIDA


11111l11111111111III INTERSTATE COMMERCE COMMISSION
3 1262 08851 4459 Bureau of Accounts


Statement No. Q-125 (IS)

Fourth Quarter 1966


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


Compiled from 76 railroad reports, Form IBS, (Excluding Switching and Terminal Companies)

UNITED STATES


Income Items


For the fourth quarter of


1966


1. NET RAILWAY OPERATING INCOME .................
2. OTHER INCOME ..................................
3. TOTAL INCOME ...... ....................*

4. MISCELLANEOUS DEDUCTIONS FRONT INCOME ..........
5. INCOME AVAILABLE FOR FIXED CHARGES .......
6. FIXED CHARGES
6-01. HENT FOR LEASED ROADS AND EQUIPMENT....
6-02. INTEREST DEDUCTIONS 2/ ................
6-03. AMORTIZATION OF DISCOUNT ON FUNDED DEBT
6-04. TOTAL FIXED CHARGES
7. INCOME AFTER FIXED CHARGES................
8. OTHER DEDUCTIONS ..............................
9. NET INCOME ..A... ..........................

10. DEPRECIATION (WAY AND STRUCTURES AND EQUIPMENT)
11. FEDERAL INCOME TAXES ..........................

12. DIVIDEND APPROPRIATIONS:
12-01. UN COMMON STOCK ......................
12-02. ON PREFERRED STOCK ...................

RATIO OF INCOME TO FIXED CHARGES (ITEM 5+6-04).


$263,229,19b
124,689.747
387.918,945


1965


For the twelve months of


1966


$289,238,343 $1,045,569,623
117.377,400 398,558,994
406,615.743 1,444,128,617


1965

$961.515,704
365,389,322
1,326,905,026


23,728,968 22,431,682 78,463,645 70,373,502
364,189,977 384,184,061 1,365,664,972 1,256,531,524


15.531,159
93,154,486
1.715,159
110,400,804
253.789,173
9,333,562
244,455,611


15,085,311
83,185,853
1,704,188
99,975,352
284,208,709
10,957,654
273,251,055


60,248,857
360,454.157
5,079,585
425,782,599
939,882,373
37,710,313
902,172,060


61,374,745
334,759,348
4,530,979
400.665,072
855,866,452
40,978,022
814,888,430


1B4.930,487 179,581,906 731.694,460 706,580,722
23,983,583 51,156,744 186,852,481 163,655,574


151,275,098
9,924,074

3.30


150,981.637 471,227,607 440,804,431
9,662,284 25,933,883 26,980,507


3.84


3.21


EASTERN DISTRICT 1/
For the fourth quarter of For the twelve months of


1966


1965


1966


$100,245,311 $101,267,497 $384.381,252 $351,197,012
46,773,772 40,721.041 152.859,740 132,837,756
147,019,083 141,988,538 537,240,992 484,034,768

9,024,232 7,812,836 31,099,507 26,822,248
137,994,851 134,175,702 506.141,485 457,212,520


12,462,898
41.849.498
574,925
54,887,321
83,107,530
1,861,064
81,246,466


12,484,487
37,478,365
447,960
50,410,812
83,764,890
2,217,158
81,547,732


48,731,412
164,599,641
1.781,890
215,112,943
291,028,542
7,485,946
283,542.596


50,305,612
153,948,542
1,518.494
205,772 648
251 439*872
7.413,588
244,026,284


67.706,910 66,070,778 266,381,356 262,390,424
-1,261,166 13,226,298 41,962,916 61,323,231


64.620,735 69,956,249 178,793,193 166.424,059
188,004 -275,801 827,656 1,392,248


2.51


2.66


SOUTHERN DISTRICT 4/


WESTERN DISTRICT


For the fourth quarter of

1966 1965


For the twelve months of

1966 1965


For the fourth quarter of

1966 1965


For the twelve months of

1966 1965


1. NE1 RAILWAY OPERATING INCOME ..................
2. OTHER INCOME ...............................
3. TOTAL INCOME .............................

4. MISCELLANEOUS DEDUCTIONS FROM INCOME .1........
5. INCOME AVAILABLE FOR FIXED CHARGES .......
6. FIXED CHARGtSA
6-01. HENT FOR LEASED ROADS AND EQUIPMENT....
6-02. INTEREST DEDUCTIONS 2/ ................
6-03. AMORTIZATION OF DISCOUNT ON FUNDED DEBT
6-04. TOTAL FIXED CHARGES
7. INCOME AFTER FIXED CHARGES................
8. OTHER DEDUCTIONS ..............................
9. NET INCOME 2/.. ...........................

10. DEPRECIATION (WAY AND STRUCTURES AND EQUIPMENT)
11. FEDERAL INCOME TAXES ..........................

12. DIVIDEND APPROPRIATIONSt
12-01. ON COMMON STOCK .....,................
12-02. ON PREFERRED STOCK ...................

RATIO OF INCOME TO FIXED CHARGES (ITEM 5+6-04).


Selected Expenditures and Asset Items


$53.995,709 $49,220,349 $183.090,506 $164,246,487
17.727,837 13,467,988 46,440.794 42,555,686
71,723,546 62,688,337 229,531,300 206,802,173

3,606,887 4,208,420 11,675,490 10,429,261
68.116,659 58,479,917 217.855.810 196,372,912


2,862,039
16,358,552
669,583
19,890,174
48.226,485
669,173
47,557.312


2,515,633
14,412,862
793,463
17,721,95e
40,757,959
1,840,664
38.917,295


10,649,715
61,786.369
1,435,867
73,871,951
143.983 859
2.684,590
141.299,269


10,127,145
56,899,007
1,312,618
68,338,770
128,034,142
3.859,146
124,174,996


31,442.817 29,690,409 122.359,785 115,915.586
11,276,517 9,912,042 27,677.183 19,291,199


24,235,180
1,055,696

3.42


24,190,462 67,035,733 61,780,950
953,062 3,931,109 3,833,093

3.30 2.95 2.87


$ 108,988,178
60,188,138
169,176.316


$138,750,497 $478,097,865 $446,072,205
63,188,371 199,258,460 189,995,880
201,938,868 677,356,325 636,068,085


11.097,849 10,410,426 35,688,648 33,121,993
158,078,467 191,528,442 641,667,677 602,946,092


206,222
34,946,436
470,651
35,623,309
122.455.158
6,803,325
115.651,833


85,191
31,294,626
462,765
31,842,582
159,685,860
6,899,832
152,786,028


867,730
134,068,147
1,861,828
136,797,705
504,869,972
27,539,777
477,330,195


941,988
123,911,799
1,699,867
126,553,654
476,392,438
29,705,288
446,687,150


85,780,760 83,820,719 342,953,319 328,274,712
13.968,232 28,018,404 117,212,382 83,041,144


62,419,183 56,834.926 225,398,681 212,599,422
8,680,374 8,985,023 21,175,118 21,755,166


4.44


6.01


UNITED STATES


Balance at the end of December


Selected Liability Items


4.69


1966


17. EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-ROAD ...
18. EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-EQUIPMENT
19. INVESTMENT IN STOCKS, BONDS, ETC., OTHER THAN THOSE OF
AFFILIATED COMPANIES (TOTAL, ACCOUNT 722) ................
20. OTHER DEFERRED CHARGES .....................................


21. CASH ............................. ............****......
22. TEMPORARY CASH INVESTMENTS .,........ .............*.-.....
23. SPECIAL DEPOSITS ...*...;. .................*..............
24. LOANS AND NOTES RECEIVABLE ......... ........................
25. TRAFFIC AND CAR-SERVICE BALANCES-DO. .................... .
26. NET BALANCE RECEIVABLE FROM AGENTS AND'CONDUCTORS..........
27. MISCELLANEOUS ACCOUNTS RECEIVABLE ................... .......
28. INTEREST AND DIVIDENDS RECEIVABLE .......*..................
29. ACCRUED ACCOUNTS RECEIVABLE .....*..........*....... .... .....
30. WORKING FUND ADVANCES.......................................
31. PREPAYMENTS ... ....... ..................................****
32. MATERIAL AND SUPPLIES ..........................................
33. OTHER CURRENT ASSETS .........................................


$397,773,945
1,555,061,031
306,195,585

131,281.344


330,984,853
1,163,792,700
51,614.921
6,579,742
52,058,256
297,570,517
320,275,222
22,994.322
435.535.939
11.607,798
15,311,639
500,164,104
47.037,132


34. TOTAL CURRENT ASSETS ~;................... ....... ...... 3255.527145


1965


$327,084,310
1.303.602.214


1,


40. FUNDED DEbT MATURING WITHIN 1 YEAR 5/ ...


270,957,881 * * *
41. LOANS AND NOTES PAYABLE 6/ ..............
123,784.871 42. TRAFFIC AND CAR-SERVICE BALANCES--CR. ..
43. AUDITED ACCOUNTS AND WAGES PAYABLE .....
44. MISCELLANEOUS ACCOUNTS PAYABLE .........
360,570,642 45. INTEREST MATURED UNPAID .................
220,819,173 46. DIVIDENDS MATURED UNPAID ................
48,583,663 47. UNMATURED INTEREST ACCRUED ..............
10,669,499 48. UNMATURED DIVIDENDS DECLARED ............
56,212,253 49. ACCRUED ACCOUNTS PAYABLE ................
254,133,499 50. FEDERAL INCOME TAXES ACCRUED ............
277,135,597 51. OTHER TAXES ACCRUED .....................
19.568,957 52. OTHER CURRENT LIABILITIES ..............


397.378,009
11,859,761
15,432,814
456,255,716
54,234,094

3,182,853,677


Includes Pocahontas Region.
Represents accruals, Inoluding the amount in default.
Analysis of the net Inc. e for the Fourth Quarter 1966 shows 58 carriers with a net income of $265,540,211
and 15 carriers with a net deficit of $21,084,600 compared with the Fourth Quarter of 1965 which showed
61 carriers with a net income of $286,466,729 and 12 carriers with a net deficit of $13,215,647. Ex-
cluded from the analysis are three roads whose net income (or deficit) was absorbed by the controlling
company.


$527,481,156


13 193,856
85,363,118
317,900,459
163,097.222
41,502,724
18,211,427
99*300,450
34,614,908
871,636,701
194,772,650
278,419,304
157,646,556


53. TOTAL CURRENT LIABILITIES .......... 2,275.659,375


*4**N******A0 *.. .* Ra. *.. .* *
54. ANALYSIS OF TAXES ACCRUED$
54-01. U.S. GOVERNMENT TAXES ..........
54-02. OTHER THAN U.S. GOVERNMENT TAXES
55. OTHER DEFERRED CREDITS ..................


260,643,359
212.548,595
230,301,266


1965

$463,890,910


8,503,112
75,837,575
289,504,841
137,514,537
40,598.482
16,444,025
93,306,561
32,891,196
804,225.222
185,844,556
260,694,377
145,129.115

2,090,493,599



243,638,974
202,899,959
252,472,255


4/ Formerly Southern Region.
5/ Includes payments of principal of long-term debt (other than long-term debt in
default) which becomes due within one year after close of month of report.
6/ Includes obligations which mature not more than one year after date pf issue.


Subject to rev


Income Items


UNITED STATES

Balance at the end of December


I I







INTERSTATE COMMERCE COMMISSION


Bureau of Accounts





SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS





FOR THE TWELVE MONTHS ENDED DECEMBER 1966 AND 1965


Page 2


District and railroad


NET RAILWAY OPERATING
INCOME


NET INCOME


1966 1965


FEDERAL INCOME
TAXES


1966


1965


DIVIDEND
APPROPRIATIONS


1966


District and railroad


NET RAILWAY OPERATING
INCOME


1966 1965


United States Total ............ ,045,569,623 $961,515,704

Eastern District Total J/ ...... 384,381,252 351,197,012


Akron, Canton & Youngstown ........
Ann Arbor .........................
Baltimore and Ohio ...............
Bangor & Aroostook ................
Bessemer & Lake Erie ..............
Boston & Maine ...................
Canadian Pacific Lines in Maine ...
Central Railroad Company of N.J. ..
Central Vermont ...................
Chesapeake and Ohio ...............
Chicago & Eastern Illinois ........
Chicago & Illinois Midland ........
Delaware and Hudson .............
Detroit and Toledo Shore Line .....
Detroit, Toledo, and Ironton ......
Elgin, Joliet and Eastern .........
Erie-Lackawanna ...................
Grand Trunk Western ...............
Illinois Terminal .................
Lehigh Valley .....................
Long Island ......................
Maine Central .....................
Monon ...........................
New York Central .................
New York, New Haven & Hartford 2/..
Norfolk and Western ...............
Pennsylvania .....................
Pennsylvania-Reading Seashore Lines
Pittsburgh & Lake Erie ............
Reading ...........................
Richmond, Fredericksburg & Potomac.
Western Maryland ..................


1,045,774
287,853
30,204,409
2,006,679
10,466,748
3,280,358
497,279
- 4,853,386
678,542
47,635,501
4,091,787
1,394,218
5,764,226
661,823
4,777,553
5,363,339
16,981,596
- 4,107,810
954,115
- 1,366,421
- 4,958,175
2,104,741
2,615,223
57,130,236
-13,043,534
128,518,036
56,528,397
- 3,603,409
14,886,414
7,732,066
4,335,549
8,304,315


847,620
410,563
30,125,689
2,152,917
7,294,118
4,957,047
758,015
3,240,401
1,181,992
53,341,984
3,486,071
902,482
5,671,274
645,420
4,987,873
4,832,476
12,201,929
2,425,799
135,799
1,752,175
2,421,710
1,790,323
2,209,120
50,347,927
- 16,007,664
117,939,274
45,503,129
3,997,204
11,576,974
8,219,661
3,469,093
8,417,179


Southern District Total / ...... 183,090,506 164,246,487


Alabama Great Southern ............
Atlantic Coast Line ..............
Central of Georgia ................
Cincinnati, N. 0. & Texas Pacific .


Deficit or other reverse item.
1/ Includes Pocahontas Region.
2/ Report of trustees.
3/ Formerly Southern Region.


1,751,455
21,421,190
948,767
9,579,675


1,145,463
18,764,650
- 252,599
5,900,798


$902,172,060 $814,888,430 $186,852,481

283,542,596 244,026,284 41,962,916


806,833
756,170
21,941,328
983,001
11,275,608
1,951,022

7,451,052
1,691,068
44,609,425
2,853,372
1,563,765
4,875,378
528,223
3,489,394
7,232,140
6,668,269
- 12,294,242
591,535
2,868,617
4,828,684
1,010,488
1,584,297
50,110,679
- 11,345,023
97,822,639
45,055,320
4,292,800
15,142,904
1,733,320
5,538,993
5,604,363


647,295
52,874
16,088,312
898,631
8,397,466
577,785

6,665,192
1,555,384
47,629,545
1,736,086
1,130,547
5,009,717
531,524
5,194,201
6,114,475
3,290,788
-10,164,403
115,756
3,131,004
2,480,368
503,784
1,170,572
41,518,728
- 15,063,389
90,056,225
33,896,504
4,728,439
11,369,553
2,904,044
4,724,263
5,748,618


100,066

176,824

7,164,920
144,295

7,100

10,246,037

1,311,405
1,597,000
158,714

6,886,068
84,166






- 15,326,516
332,666
16,952,000
701,000

6,880,150
319,379
2,487,642
1,740,000


141,299,269 124,174,996 27,677,183


2,256,007
22,048,300
116,059
5,253,060


1,639,772
18,454,810
- 415,880
2,303,639


538,000
975,000
- 1,182,000
2,364,000


$163,655,574 $497,161,490 $467,784,938


61,323,231 179,620,849


84,930

199,270

5,356,223
137,013

8,090

13,650,000

1,540,340
1,728,000
123,395

4,079,019





80,000

- 8,668,013
658,545
27,315,000
1,014,512

8,885,052
342,000
1,762,855
3,187,000


508,128


593,373
7,919,976




34,754,409

1,500,000
3,094,440
240,000
2,220,264






284,343
141,905
21,661,104

60,301,625
31,985,562

8,116,121

2,977,247
3,322,352


167,816,307


95,274


143,848
6,819,976




34,893,215

1,750,000
3,094,440
240,000
3,790,395






92,060

17,725,564

60,913,437
27,661,346

4,934,272

2,608,189
3,054,291


19,291,199 70,966,842 65,614,043


310,000
1,775,000
- 2,113,500
396,000


1,233,139
10,758,963

2,556,775


896,828
9,398,691

1,884,025


.Southern District Continued


Clinchfield ...........................
Florida East Coast ..................
Georgia Railroad, Lessee Organization
Georgia Southern & Florida ..........
Gulf, Mobile and Ohio ...............
Illinois Central ....................
Louisville and Nashville .............
New Orleans and Northeastern ........
Norfolk Southern .....................
Piedmont and Northern ................
Seaboard Air Line ...................
Southern .............................


$10,093,058
220,568
985,939
716,792
10,218,471
25,063,739
38,201,619
996,806
345,384
971,816
18,864,489
42,710,738


$8,642,437
2,254,114
723,747
262,514
8,771,179
22,353,884
34,711,590
703,672
295,986
907,625
18,879,822
40,706,633


$85,279

502,885
7,287,190
23,340,996
28,516,789
879,388
103,934
1,148,308
16,113,988
33,854,954


Western District Total ............ 478,097,865 446,072,205 477,330,195


Atchison, Topeka & Santa Fe .........
Chicago & North Western .............
Chicago, Burlington & Quincy ........
Chicago Great Western ...............
Chicago, Milwaukee, St.Paul & Pacific
Chicago, Rock Island & Pacific ......
Colorado and Southern ................
Denver & Rio Grande Western ........
Duluth, Missabe and Iron Range ......
Duluth, Winnipeg & Pacific ..........
Fort Worth & Denver .................
Great Northern ......................
Kansas City Southern ...............
Lake Superior & Ishpeming ............
Louisiana & Arkansas ................
Missouri-Kansas-Texas ...............
Missouri Pacific ....................
Northern Pacific ...................
Northwestern Pacific .................
St. Louis-San Francisco ..............
St. Louis Southwestern .............
Soo Line ............................
Southern Pacific ...................
Spokane, Portland and Seattle ......
Texas & Pacific .....................
Toledo, Peoria & Western ...........
Union Pacific .......................
Western Pacific .....................


78,882,930
13,807,615
28,706,365
1,658,331
16,343,745
1,228,234
1,370,665
14,939,990
6,777,875
825,992
1,456,051
32,287,899
8,179,907
1,164,455
4,358,941
- 5,335,447
36,118,083
21,040,919
945,608
17,529,313
21,560,826
9,101,646
62,060,145
4,724,263
5,004,496
649,502
86,256,448
8,344,284


73,315,600
13,534,090
20,423,802
1,290,103
15,288,555
2,478,770
984,679
13,316,641
5,596,013
1,483,163
696,044
33,040,261
8,012,383
974,517
5,063,840
- 5,379,113
38,928,184
18,153,299
70,470
16,325,457
21,427,443
8,387,578
67,348,068
4,009,407
5,730,532
771,562
66,943,983
7,856,874


84,750,961
8,528,970
23,810,592
1,396,096
8,129,944
- 3,638,791
1,314,816
12,895,409
8,193,757
166,725
1,080,393
36,547,109
6,346,447
914,533
4,446,794
- 7,834,989
18,706,096
30,673,591
393,124
11,713,186
22,341,896
6,532,485
74,391,706
3,671,699
3,465,235
750,260
109,791,622
8,636,777


$55,393

468,308
6,382,203
19,447,015
25,499,135
490,091
13,572
1,021,123
16,381,565
33,370,866


$594,607


386,000
2,391,066
2,395,795
5,642,000
125,000

1,031,715
1,676,000
10,740,000


446,687,150 117,212,382


81,619,261
10,253,151
16,693,090
1,133,911
7,262,884
- 1,450,669
830,702
11,132,487
6,386,600

289,979
36,909,825
6,095,211
840,299
5,192,337
- 7,715,096
19,634,985
28,032,787
250,201
15,660,106
21,664,337
5,553,914
70,830,038
2,600,504
4,070,830
792,714
93,755,366
8,367,396


21,997,185

5,307,509
15,000


90,278
6,115,400
4,262,416
180,750

12,723,000
1,362,000
102,000
737,000

5,749,000
3,990,000
343,391
4,708,000
7,848,117
1,175,952
14,792,257
1,464,486
549,200
462,000
24,100,000
952,623


$588,4?7



525,000
2,706,567
3,000,000
45,000

510,715
3,275,000
8,273,000


$3,500,613
7,673,078
14,838,915



8,794,210
21,611,149


$3,222,067
7,014,930
12,351,108
1,000,000


8,291,903
21,554,491


83,041,144 246,573,799 234,354,588


9,713,814

1,342,620
- 128,000
- 640,836
12,389
192,916
6,576,500
2,982,620


5,787,578
1,687,535
74,128
1,004,385

1,867,000
3,180,000
35,081
3,650,000
6,250,526
239,000
11,486,775
1,697,688
- 702,400
320,000
25,700,000
1,167,819


45,630,526
10,809,545
12,812,903
1,118,118
4,762,847

757,365
7,036,581
5,200,000


18,456,558
4,916,792
335,326


9,441,897
15,698,550

6,310,768
3,571,350
3,987,614
40,712,280

2,302,072
495,000
47,912,942
4,304,765


45,522,732
9,151,753
12,812,903
914,357
4,744,726
729,228
757,365
6,605,457
4,000,000


18,409,694
4,916,792
338,230
150,000

9,481,997
14,772,270

4,209,578
3,571,350
3,481,250
39,355,094

2,224,378
450,000
43,750,425
4,005,009

0O 921-647


0


NET INCOME


1965


1966


FEDERAL INCOME
TAXES


1966


1965


DIVIDEND
APPROPRIATIONS


1966