Selected income and balance-sheet items of class I railroads in the United States - 1969

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Material Information

Title:
Selected income and balance-sheet items of class I railroads in the United States - 1969
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:
1969
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_00014
Classification:
lcc - HE2713 .Un321
ddc - 385.13 fU567s
System ID:
AA00000588:00014

Related Items

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

Full Text




.c I A .t to revisit


UNIVERSITY OF FLORIDA

S111111 1111 11 llll INTERSTATE COMMERCE COMMISSION
3 1262 08851 4772 Bureau of Accounts


Statement No. Q-125 (Im)
First Quarter 1969


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

Compiled from IBS reports representing 76 Class I line-haul railroads


Income Account Items


UNITED STATES
For the first quarter of


EASTERN DISTRICT T
For the first quarter of


1. NET RAILWAY OPERATING INCOME ......................
2. OTHER INCOME .....................................
3. TOTAL INCOME ...................................
4. MISCELLANEOUS DEDUCTIONS FROM INCOME ..............
5. INCOME AVAILABLE FOR FIXED CHARGESS .............
6. FIXED CHARGES:
7. RENT FOR LEASED ROADS AND EQUIPMENT ............
8. INTEREST DEDUCTIONSI/ .........................
9. AMORTIZATION OF DISCOUNT ON FUNDED DEBT ........
10. TOTAL FIXED CHARGES .........................
11. INCOME AFTER FIXED CHARGES .....................
12. OTHER DEDUCTIONS ................................
13. ORDINARY INCOME .................................
14. EXTRAORDINARY ITEMS-NET ...........................
15. PRIOR PERIOD ITEMS-NET ............................
16. FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS....................................
17. TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS .....
18. NET INCOME 2/ ..................................

19. DIVIDENDS ON COMMON STOCK .........................
20. DIVIDENDS ON PREFERRED STOCK ......................

20a RATIO OF INCOME TO FIXED CHARGES ..................


Income Account 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:
7. RENT FOR LEASED ROADS AND EQUIPMENT ............
8. INTEREST DEDUCTIONS 1/ .........................
9. AMORTIZATION OF DISCOUNT ON FUNDED DEBT ........
10. TOTAL FIXED CHARGES ........................
11. INCOME AFTER FIXED CHARGES .....................
12. OTHER DEDUCTIONS ..................................
13. ORDINARY INCOME ...................................
14. EXTRAORDINARY ITEMS-NET...........................
15. PRIOR PERIOD ITEMS-NET ...........................
16. FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS ....................................
17. TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS .....
18. NET INCOME 2/ ...............................

19. DIVIDENDS ON COMMON STOCK .........................
20. DIVIDENDS ON PREFERRED STOCK ......................

20a RATIO OF INCOME TO FIXED CHARGES ..................


Balance-Sheet Items Current Assets


21. CASH .......................................... ....
22. TEMPORARY CASH INVESTMENTS ........................
23. SPECIAL DEPOSITS ..................................
24. LOANS AND NOTES RECEIVABLE ........................
25. TRAFFIC AND CAR-SERVICE BALANCES--DR ...............
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 ..............................
34. TOTAL CURRENT ASSETS ...........................


Selected Assets and Liabilities


$142,151,592
108,204,549
250,356,141
20,7S8,045
229,568,096

15,326,627
107,823,668
1,112,054
124.242,349
105,305,747
8,495,630
96,809,917
0
8t1G,603


1968
$148,476,699
110,265,157
258,74t,856
20,959,045
237,782.811

14,944.230
101.965,772
1,186,962
117,996,964
119,885,847
8,235,736
111,650,111
216,292
196,891


1969
%26,857,370
44.235,931
71,093.301
6.439,467
64.653,834

12,256,320
48,948,116
344,778
61,549,214
3.104,620
1,517,338
1,587,282
0
810,603

0
810,613
2,397,885


0 0
810,603 415,183
97,620,520 112,065,294

*107,748,451 i*108,317,323
7,84,80 8,63P,342

1.85 2.02
SOUTHERN DISTRICT
For the first quarter of
1969 1968


$4/,623,151
11,668,664
59,291,815
3,273.995
56,017,.20

2,9'6,088
19,0 A4,507
337,.434
22,327,9.38
35.6A9.,612
666,165
33,0?3,717



0
0
33,023,717


1968
$23,480,612
47,217,956
70,698,568
7,316,684
63,381,884

11,994,215
45,020,214
377,089
57.391,518
5,990.366
1.419.290
4,571,076
97,659
198,891

0
296,550
4,867,626


40,417,031 39,857,572
231,080 231.,39

1.15 1.10
WESTERN DISTRICT
For the first quarter of
1969 1968


937,67n,700
13,243,206
50,913,906
2.362,172
4F .551.734

2,677,945
17.701.317
357,499
20,736.761
27,814,973
668,654
27,146,319
0
0

0
27,146,319
27,146,319


15,644,355 15,127,260
2,359,548 2,362,298

2.51 2.34

UNITED STATES
Balance at the end of March
1969 1968


124,444,050
bP2,700,637
52,577,066
9,034,722
6/,418,952.
395,156,178
537,017,511
26,036,9.8
5bb,464,561
7,353,646
22,112,011
501,744,b49
55,871,571
4,192,932,762


1276,365,003
944,383,231
51,566,153
9,188,n54
7n0723,679
328,529,n42
342,671,949
17,612,181
493,752,051
7,483,534
17,?15,881
520,738,n21
44,78P,668
3,025,117,447


$67,671,071
52,299,954
119,971,025
11,074,583
108,896,442

164,219
39,791,045
429,933
40,3F5,197
66,511.245
6,312,327
62,198,918
0
0


187,325,367
49,A03,995
137,129,382
11,280,189
125,849,193

172,070
39,144,241
452,374
39,768,685
86,080,508
6,147,792
79,932,716
118,633
0


0 0
0 118,633
62,198,918 80.351,349

*51.697, 65 **53,337,491
5,294,252 6,045,005


Balance-Sheet Items Current Liabilities


35. LOANS AND NOTES PAYABLE 3.


TRAFFIC AND CAR-SERVICE BALANCES--CR ...
AUDITED ACCOUNTS AND WAGES PAYABLE ......
MISCELLANEOUS ACCOUNTS PAYABLE ..........
INTEREST MATURED UNPAID ................
DIVIDENDS MATURED UNPAID ................
UNMATURED INTEREST ACCRUED ..............
UNMATURED DIVIDENDS DECLARED ............
ACCRUED ACCOUNTS PAYABLE ................
FEDERAL INCOME TAXES ACCRUED ............
OTHER TAXES ACCRUED .....................
OTHER CURRENT LIABILITIES ...............
TOTAL CURRENT LIABILITIES ............


UNITED STATES
Balance at the end of March
1969 1968


4172,993,775
70,113,761
351,633,711
153,048,609
47,217,033
25.420,864
98,913,472
30,697,558
1,074,518,740
173,040,542
281,294,483
184,655,385
2,663,547,933


T450,16,793
85,774,206
320,579,641
162,428 218
53,382,843
19,608,102
96,524,242
37,256,185
939,229,028
134,853,862
277,260,998
166,729,237
2.33P,644,.55


UNITED STATES
Balance at the end of March


1969
EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-ROAD ..................... 177,611,148
EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-EQUIPMENT ................ 23~,713,565
INVESTMENTS IN STOCKS, BONDS, ETC., OTHER THAN THOSE OF AFFILIATED COMPANIES. 289,25/,311l
OTHER DEFERRED CHARGES ..................................29,71,40
EQUIPMENT OBLIGATIONS AND OTHER DEBT DUE WITHIN ONE YEAR ............... 615,331,406
ANALYSIS OF TAXES ACCRUED:
U. S. GOVERNMENT TAXES ................................................... 244, 44 4,683
OTHER THAN U. S. GOVERNMENT TAXES ....................................... 209,4", .342
OTHER DEFERRED CREDITS ..................... ..... ... ........................... 63, 5,1 3


1968
T71,810,500
246,919,982
314,983,583
150,166,322
533,137,617

202,189,196
209,925,664
237,205,257


* Includes $2,327,221 dividends on class A stock, neither classified as common or preferred.
** Includes $2,167,255 dividends on class A stock, neither classified as common or preferred.
1/ Represents accruals, including the amount in default.
2/ Analysis of the net income for the first quarter in 1969 shows 46 carriers with a net
income of $152,660,119 and 25 carriers with a net deficit of $55,039,599 as compared
with the first quarter of 1968 which showed 51 carriers with a net income of $145,696,016
and 20 carriers with a net deficit of $33,630,722. Excluded from the analysis are five
roads whose net income (or deficit) was absorbed by the controlling company,
3/ Includes obligations which mature not more than one year after date of issue.
4/ 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.


UNIV. OF FL LII.
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U.S. DEPO0TOMY


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INTERSTATE COMMERCE COMMISSION


Bureau of Accounts


Page 2


SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS


FOR THE THREE MONTHS ENDED MARCH 1969 AND 1968


District and railroad


NET RAILWAY OPERATING
INCOME


1969

United States Total ............ 1142,151,592

Eastern District Total .......... 26,857,370


Akron, Canton & Youngstown .......
Ann Arbor ........................
Baltimore and Ohio ...............
Bangor & Aroostook ...............
Bessemer & Lake Erie ........L.....
Boston & Maine ...................
Canadian Pacific Lines in Maine ...
Central Railroad Company of N.J.I/
Central Vermont .............6.....
Chesapeake and Ohio ...............
Chicago & Eastern Illinois ..4.....
Chicago & Illinois Midland .......
Delaware and Hudson ..............
Detroit and Toledo Shore Line .....
Detroit, Toledo and Ironton .......
Elgin, Joliet and Eastern .........
Erie Lackawanna Ry.................
Grand Trunk Western ....,..........
Illinois Terminal .................
Lehigh Valley .....................
Long Island .......................
Maine Central ....................
Missouri-Illinois ................
Monon ........................**...
Monongahela .......................
Norfolk and Western ...............
Penn Central2 ...................
Pennsylvania-Reading Seashore Lines
Pittsburgh & Lake Erie ...........
Reading Company ......................
Richmond, Fredericksburg & Potomac
Western Maryland ................



-Deficit or other reverse item.
I/ Report of trustees.


NET INCOME


1969 1968

$97,620,520 $112,065.294


DIVIDEND
APPROPRIATIONS

1969

$115,633,331 1


23,480,612 2,397,885 4,867,626 40,648,111 40,088,611


118,437
12,296
110,350
-59,318
1,033,074
-1,804,504
0
-2,791,200
-255.407
3,041,069
-500,464
243,998
896,966
131,288
2,299.684
930,476
2,313,014
-3,277,203
-99,024
-2,110,190
-4,624,862
-357,428
806,191
349,007
-544,815
17,636,862
-12,763,914
-1.055,426
2,660,664
-2,419,581
1,373,417
904,428


193,825
-148,944
-3,000,335
-241,673
730,421
-1,993,628
0
-2,651,731
-414,840
7,240,839
-906,130
172,935
548,239
90,004
868,947
1,277,571
-5,834,764
-1,614,439
-297,025
-1,959,556
-2,635,482
75,725
907,058
234,060
105,713
16,170,786
-5,443,149
-1,126,942
2,776,969
-380,704
1,041,057
1,082,819


508,128
0
0
0
149.988
0
0
0
0
8,649,656
0


60,000
245,333
0
0
0
0
0
0
9,914
0
0
0
14,096,846
14,465,459
0
1,062,957
0
613,922
785,908


508,128
0
0
0

0

0
0
0
8,688,726
0

0
0

0
0
0
0
0
0
0
9,976
1,000,768
0
0
13,473,728
13,826,339
0
1,058,457
0
526,593
785,908


2 Includes operations of New York, New Haven & Hartford, which was included in Penn Central, Dec. 3i, lYbB.
/ includes operations of New Orleans and Northeastern, which merged January 31, 1969.
4/ Includes Kansas City Southern and Louisiana and Arkansas.
5/ Includes Spokane, Portland & Seattle and Oregon Electric.


District and railroad


i116,955,665 Southern District Total ............... $47,623,151


Alabama Great Southern/o..................
Central of Georgia ........................
Cincinnati, N. O. & Texas Pacific .........
Clinchfield ...............................
Florida East Coast ........................
Georgia Railroad, Lessee Organization .....
Georgia, Southern & Florida ..............
Gulf. Mobile and Ohio....................
Illinois Central ..........................
Louisville and Nashville................
Norfolk Southern ..........................
Piedmont and Northern .....................
Savannah & Atlanta ........................
Seaboard Coast Line .....................
Southern ..................................

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


Atchison, Topeka & Santa Fe ..............
Chicago & North Western ...................
Chicago, Burlington & Quincy .............
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 and Controlled CosA./.
Kansas, Oklahoma and Gulf ................
Lake Superior & Ishpeming .................
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 ...........................


-255,362
593,031
2,572,759
2,661,706
-106,424
218.9C6
547,310
2,581,684
5,690,629
8,387,875
163,693
232,282
230,398
108.25,413
13,279,251

67,671,071


17,906,591
-8,707,827
3,382,954
-3,780,766
-4,031.857
560,097
3,425,757
-1,009,791
-38,014
-414,842
-213,404
2,758,618
656,259
-923,181
31,926
7,992,439
-833,011
-202,207
4,831.570
8,161,791
1,528,271
17,126,697
147,097
2,360,903
240,532
16,198,579
513,890


NET RAILWAY OPERATING
INCOME


$37,670,700


1,142,808
231,093
2,678,002
2,339,305
84,704
-21,981
346,080
2,679,477
2,215,982
6,608,583
239,774
243,646
200,253
7,235,420
11,447,554


NET INCOME


$33,023,717


-427,869
160,963
1.535,457
0
63,705
0
610,958
1,911,783
4,167,629
5,480.203
22,581
288,071
236,585
9,115,778
9,657.873


$27,146,319


934,968
-261,379
1,546,101
0
137,162
0
308,377
1,844,332
4,030,975
4.937,686
70,561
261,934
170,526
5,205,091
7,959.985


0
0 0
0 0
0 0
0 0
68,400 0
745.432 726,761
2,406,397 2,404,965
2,476.429 2,475,729
0 0
154,522 154,522
0 0
4,794.634 4,794,289
7,074,014 6,928,292


P7,325,387 62,198,918 80,051,349 56.981,317 59,382,496


228,164
146,768
3.385,074
316,941
867,298
-1,549,047
767,575
-1,718,870
-136,567
5,861,983
66,820
195,472
1,294,266
175,633
2,014,366
680,393
4,230,163
-2,817,325
34,050
-1,575,260
-4,678,492
-14,706
1,017,482
415,336
-63,915
25,234,258
-10,093,690
-893,332
2,537,189
-1,615,197
1,082,638
1,461,9C2


318,612
-21,887
-11,187
154,458
652,113
-1,248,415
155,686
-1,851,477
-261,993
9,871,169
-482,516
128,856
860,882
136,287
1,202,465
987,200
-3,084,392
-1,178,792
-201,810
-1,487,628
-2,794,682
442,707
1,128,293
413,563
194,454
24,605,198
-9,784,408
-956,570
2,796,483
371,009
698,861
1,728,073


10,929,569
-1,177,228
2,239,919
640,080
-1,876,387
646,166
2,643,866
-736,980
437,111
819,840
3,243,453
1,763,120
565,851
-929,406
11,548
5,178,847
2,617,920
241,794
2,389,726
7,868,539
1,927,300
17,729,365
528.820
1,020,627
194,356
20,325,443
808,090


9,875,011
15,404
2,562,581
2,593,260
0
0
1,741,057
0
0
0
4,620,852
701,687
0
83,204
0
2,327,221
3,896,794
0
1,427,552
994,185
0
12,213,615
0
0
112.500
12,714,618
1,101,776


9,864,816
1,019,298
2,562,581
2,593,260
0
0
1,755,968
0
0
0
4,617,278
1,197,039
697,572
83,527
0
2,167,255
3,893,993
0
1,884,752
994,185
1.265,909
10,856,546
0
0

112,500
12,714,618
1,101,399


1968

5148,476,699


12,046,017
893,754
3,686,293,
2,211,770
-1,529,285
746,613
3,364,066
-969,750
536,511
910,611
3,165,577
2,654,318
721,675
-898,853
718,546
7,102,051
905,318
173,883
4,320,109
7,724,023
2,564 451
16,144,281
996 641
1,143,734
181 625
16,578,298
1,233 110


16,965,957
-9,488,062
1,956,642
-6,393,879
-2,957,741
455,510
2,817,899
-568,760
-147,227
-491,774
179,791
1,779,198
511,473
.946,713
-562,731
4,636,647
1,551,868
-156,544
2,915,945
8,153,973
905,225
18,866,301
.234,963
1,664,453
232,931
20,403,658
149,841


GPO 87,44


.11 loan






C31;


Subject to revision


INTERSTATE COMMERCE COMMISSION

Bureau of Accounts


Statement No. Q-125 (IS)

Second Quarter 1969


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

Compiled from IBS reports representing 76 Class I line-haul railroads


Income Account Items


UNIV. OF FL LII





U.S. DEPOT


U.S. DEPOMTOMY _


la









-e
a I


mom


15,610,587
111,700,882
1,140,530
128,451,999
176,570,324
8,418,550
168,151,774
3,449,723
2,408,170


UNITED STATES


For the second quarter of
1969 1968
$211,547,851 5209,190.107
117,626.645 106,221,512
329,174.496 315,411.619
24,152,173 20,877,869
305,022,323 294,533,750


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:
7. RENT FOR LEASED ROADS AND EQUIPMENT ............
8. INTEREST DEDUCTIONS 1/ ........................
9. AMORTIZATION OF DISCOUNT ON FUNDED DEBT ........
10. TOTAL FIXED CHARGES .........................
11. INCOME AFTER FIXED CHARGES .....................
12. OTHER DEDUCTIONS ..................................
13. ORDINARY INCOME ...................................
14. EXTRAORDINARY ITEMS-NET ...........................
15. PRIOR PERIOD ITEMS-NET ............................
16. FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS ....................................
17. TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS .....
18. NET INCOME g/ ..................................

19. DIVIDENDS ON COMMON STOCK .........................
20. DIVIDENDS ON PREFERRED STOCK ......................

20a RATIO OF INCOME TO FIXED CHARGES ..................


Income Account 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:
7. RENT FOR LEASED ROADS AND EQUIPMENT ...........
8. INTEREST DEDUCTIONS _/ .......................
9. AMORTIZATION OF DISCOUNT ON FUNDED DEBT........
10. TOTAL FIXED CHARGES .........................
11. INCOME AFTER FIXED CHARGES .....................
12. OTHER DEDUCTIONS .................................
13. ORDINARY INCOME ...................................
14. EXTRAORDINARY ITEMS-NET ...........................
15. PRIOR PERIOD ITEMS-NET ............................
16. FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS ....................................
17. TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS .....
18. NET INCOME / ..................................

19. DIVIDENDS ON COMMON STOCK .........................
20. DIVIDENDS ON PREFERRED STOCK ......................

20a RATIO OF INCOME TO FIXED CHARGES ..................


Balance-Sheet Items Current Assets


21. CASH ..............................................
22. TEMPORARY CASH INVESTMENTS ........................
23. SPECIAL DEPOSITS ..................................
24. LOANS AND NOTES RECEIVABLE........................
25. TRAFFIC AND CAR-SERVICE BALANCES--DR ..............
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 .............................
34. TOTAL CURRENT ASSETS ...........................


Selected Assets and Liabilities


EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-ROAD .....................
EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-EQUIPMENT ................
INVESTMENTS IN STOCKS, BONDS, ETC., OTHER THAN THOSE OF AFFILIATED COMPANIES.
OTHER DEFERRED CHARGES ......................................................
EQUIPMENT OBLIGATIONS AND OTHER DEBT DUE WITHIN ONE YEAR ./ ..................
ANALYSIS OF TAXES ACCRUED:
U. S. GOVERNMENT TAXES ...................................................
OTHER THAN U. S. GOVERNMENT TAXES .......................................
OTHER DEFERRED CREDITS ......................................................


15,232,782
103,738,896
1,176,141
120,147,819
174,385,931
8,408,597
165,977,334
7,568.099
259,702


689,331 -220,054
5,168,562 8,047,855
173,320,336 174,025,189


For the six months of
1969 1966
$353,699,608 $357,680,308
225,835,331 216,490,047
579,534,939 574,170,355
44,940,222 41,836,916
534,594,717 532,333,439


30,937,214
219,524,550
2,252,584
252,714,348
281,880,369
16,914,380
264,965,989
3,449,723
3,238,967

689,331
5,999,359
270,965,348


30,077,013
205.604,667
2,363,103
238,044,783
294,288,656
16,644,333
277,644,323
7,784,391
458,593

-220,054
8,463,038
286,107,361


* 131,384,232 128,158,123 239,132,683 236.475,446
4,707,878 4,039,637 12,592,758 12,677,979


2.37


2.45

SOUTHERN DISTRICT


For the second quarter of
1969 1968
$52,216,232 $43,449,989
14,995,708 12,336,140
67,211,940 55,786,129
3,791,371 4,035,735
63,420,569 51,750,394


3,154,210
19,560,006
341,033
23,055,249
40,365,320
664.082
39,701,238
3,449,723
103.618


2,745,962
18,132,417
367,334
21,245,733
30,504,661
666,929
29,837,732
7,692,801
0


2.12


For the six months of
1969 1968
$99,839,383 581,120,689
26,664,372 25,579,346
126,503,755 106,700,033
7,065,366 6,397,907
119,438,389 100,302,128


6,060,298
38,644,513
678,376
45,383,187
74,055,202
1,330,247
72,724,955
3,449,723
103,618


5,423,927
35,833,734
724,833
41,982,494
58,319,634
1,335,583
56,984,051
7,692,801
0


490,644 0 490,644 0
3,062,697 7,692,801 3,062,697 7,692,801
42,763,935 37,530,533 75,787,652 64,676,852

16,943,704 16,650,212 32,588,059 31,772,472
1,233,301 385.331 3,592,849 2,747,629


2.75

UNITED STATES
Balance at the end of June


1969
5249,668,832
852,648,165
50,800,077
8,407,380
61,729,284
389,682,990
331,606,170
32.505,469
608,261,548
7,370,161
26,256,585
522,472,924
47,934, 016
3,189,343.601


2.44


1968
$272,196,814
911,597,085
41,633,138
11,405,818
62,245,309
331,429,303
323,673,419
18,573,344
528,583,495
7,417,060
2?,548,511
518,922.687
38,280,434
3,088,506,417


2,63


2.39


Balance-Sheet Items Current Liabilities


. LOANS AND NOTES PAYABLE /...............
. TRAFFIC AND CAR-SERVICE BALANCES--CR. ...
. AUDITED ACCOUNTS AND WAGES PAYABLE ......
. MISCELLANEOUS ACCOUNTS PAYABLE ..........
. INTEREST MATURED UNPAID .................
. DIVIDENDS MATURED UNPAID ................
. UNMATURED INTEREST ACCRUED ..............
. UNMATURED DIVIDENDS DECLARED ............
. ACCRUED ACCOUNTS PAYABLE ................
. FEDERAL INCOME TAXES ACCRUED ............
. OTHER TAXES ACCRUED .....................
. OTHER CURRENT LIABILITIES ...............
S TOTAL CURRENT LIABILITIES ............


uaNMP sTArms
Balance at the end of June
1969 196t


$199,318,503
465,101,446
288,371,567
372,716,191
551,498,586


1157,805,979
466,677,770
285,505,734
155,760,547
563,960,313


241,447,686 202,874,086
212.187,363 205',942,674
324,316,279 249.931,048


For the second quarter of
1969 1968


$59,853,811
48,795.344
108,649,155
7.334,497
101,314,658

12,279,332
51,418,558
339,423
64,037,313
37,277,345
1,508,198
35,769,147
0
1,187,817

367,862
819,955
36,589,102


WESTERN DISTRICT


$68,149,536
40,602,638
108,752,174
6,613,542
102,138,632

12.303,826
46,147,398
348,061
58,799,285
43,339,347
1,417,376
41,921,971
370,419
259,702


For the six months of
1969 1968


$86,711,181
93,031,275
179,742,456
13,773,964
165,968,492

24,535,652
100,366,674
684,201
125,586,527
40,381,965
3,025,536
37,356,429
0
1,998,420


$91,630,148
87,820,594
179,450,742
13,930,226
165,520,516

24,298,041
91,167,612
725,150
116.190,803
49,329,713
2,836,666
46,493,047
468,078
458,593


0 367,862 0
630,121 1,630,558 926,671
42,552,092 38.986,987 47,419,718


55,120,871 53,245,151 95,537,902 93,102,723
163,449 157,599 394,529 388,638

1,58 1,74 1.32 1,42
WESTERN DISTRICT
For the second quarter of For the six month eo


1969
$99,477,808
53,835,593
153,313,401
13,026.305
140,287,096

177,045
40,722,318
460,074
41,359,437
98,927,659
6,246,270
92,681,389
0
1,116,735


1968
$97,590,582
53,282,734
150,873,316
10,228,592
140,644,724

182,974
39,459,081
460,746
40,102,801
100,541,923
6,324,292
94.217,631
-495,121
0


1969
$167,149,044
106,139,684
273,288,728
24,100,892
249,187,836

341,264
80,513,363
890,007
81,744,634
167,443,202
12,558,597
154,884,605
0
1,136,929


-169,175 -220,054 -169,175
1,285,910 -275,067 1,306,104
93.967,299 93,942,564 156,190,7u9


1968
$184,929,471
103,090,107
288,019,578
21,508,783
266.510,795

355,045
78,603,321
913,120
79,871,486
186,639,309
12,472,084
174,167,225
-376,488
0

-220,054
-156,434
174,010,791


V 59.319,657 58,262,760 ** 111,006,722 111,600,251
3,311,128 3,496,707 8,605,380 9,541,712

3.39 3.51 3.05 3.34


UNITED STATES
Balance at the end of Jne
1969 1968
$148,600,759 $36,827,166
79,312,077 76,588,402
353,174,638 317,642,574
167,487,952 149,602,003
47,956,566 38,778,872
22,524,759 22,401,269
101,416,297 99,323,774
50,016,402 51,240,831
1,078,087,732 981,412,942
169,662,663 135,090,435
283,972.386 273,726,325
173,165,785 166,548,060
2,675,378,016 2,349,182,653


* Includes dividends of $2,328,878 for 1969 and $2,325,721 for 1968 on class A stock.
SIncludes dividends of $4,656,099 for 1969 and $4,492,976 for 1968 on class A stock.
SRepresents accruals, including the amount in default.
S Analysis of the net income for the second quarter in 1969 shows 53 carriers with a net
income of $208,673,986 and 18 carriers with a net deficit of $35,353,650 as compared
with the second quarter of 1968 which showed 53 carriers with a net inooe of $188,126,278
and 18 carriers with a net deficit of $14,101,089. Excluded from the analysis are five
roads whose net income (or deficit) was absorbed by the controlling company.
SIncludes obligations which mature not more than one year after date of issue.
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.


q


UNIVERSITY OF FLORIDA

3U1 1 11 112 0 ll 1 4i IIIliII1111111111
3 1262 08851 4921













INTERSTATE COMMERCE COMMISSION


Bureau of Accounts





SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS



FOR THE THREE MONTHS ENDED JUNE 1969 AND 1968


NET RAILWAY OPERATING
INCOME

1969 1968


United States Total ............ 353,699,608


Eastern District Total ..........


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. l
Central Vermont ...................
Chesapeake and Ohio ...............
Chicago & Eastern Illinois ........
Chicago & Illinois Midland ........
Delaware and Hudson 2............
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 .....................
Missouri-Illinois .................
Monon .............................
Monongahela .......................
Norfolk and Western ..............
Penn Central / ...................
Pennsylvania-Reading Seashore Lines
Pittsburgh & Lake Erie ............
Reading Company ...................
Richmond, Fredericksburg & Potomac
Western Maryland ..................


1357,680,308


NET INCOME


1969

$270,965,348


1968

5286,107,361


DIVIDEND
APPROPRIATIONS

1969


$251.725,441


86,711,181 91,630,148 38,986,987 47,419,718 95,932,431 93,491,361


529,537
-304,640
16,087,284
1,120,067
3,013,542
-1,296,780
1,223,628
-2,646,901
-178,539
17,891,540
915,759
176,605
3,266,818
393,697
2.720,987
1,344,340
8,694,671
-6,493,064
-130.792
-2,234,038
-8,289,896
332,052
2,075,342
755,827
-99,197
55,991,921
-17,585,755
-1,680,627
5,646,221
-244,140
2,169,642
3,736,070


619,940
-185,588
11,434,536
1,136,475
3,260,973
-440,118
386,793
-2,534,984
-482,800
21,804,726
-474,351
330,601
1,362,143
233,567
2,284,707
1,775,906
1,175,714
-2,210,916
-390,411
-2,426,734
-3,447,983
943,125
2,233,531
710.299
107,185
52,334,122
-9,062,336
-1,951,509
6,133,989
821,600
1,478,615
3,669,331


316,300
-583,588
9.157,181
379,729
3,117,351
-2,356,791
0
-5,086,125
-429,456
13,355,758
414,161
284,161
2,468,153
306,968
3,832,179
2,829,406
4,270,525
-7,733,153
-317,673
-3,261,045
-8,149,124
-331,772
1,672,507
489,076
-1,060,107
39,288,077
-21,018,826
-2,003,968
5,761,234
-1,842,590
2,768,319
2,450,120


391,433
-351,027
6,014,894
353,029
3,603,325
-2,106,123
0
-4,602,762
-789,478
17,354,537
-758,862
429, 124
1,198,072
145,071
1,648,376
2,449,773
-4,222,931
-3,219,085
-572,302
-3,290,792
-3,206,966
219,226
1,801,428
331,088
-80,096
35,544,094
-8,328,380
-2,292.105
6,007,776
-646,379
2,135,333
2.260,427


508,128
0
0
0
209,988
0
0
0
0
17.334,554
0
0
0
120,000
490,666
0
0
0
0
0
0
537,979
0
193,117
0
28.193,691
43.396,375
0
2,125,914
0
1,250,203
1.571,816


508,128
0
0
0
209,988
0
0
0
0
17,375,748
0
0
0
120,000
0
0
0
0
0
0
0
518,713
1,000,768
570,691
0
26,947,455
41,481,407
0
2.116,914
0
1,069,733
1,571,816


Deficit or other reverse item.
Report of trustees.
Figures for 1968 represent three months operations of Delaware & Hudson R. R.
Figures for 1968 include three months operations of New York, New Haven & Hartford.
Includes operations of New Orleans & Northeastern, which merged January 31. 1969.
Final report. Merged into Seaboard Coast Line, effective July 1, 1969.
Includes Kansas City Southern and Louisiana & Arkansas.
Includes Spokane, Portland & Seattle and Oregon Electric.


District and railroad


NET RAILWAY OPERATING
INCOME


1968


5249,153,425 Southern District Total .................. 99,839,383


Alabama Great Southern / ................
Central of Georgia .......................
Cincinnati, N. 0. & Texas Pacific .........
Clinchfield ...............................
Florida East Coast........................
Georgia Railroad, Lessee Organization ....
Georgia. Southern & Florida ...............
Gulf,Mobile and Ohio ......................
Illinois Central ..........................
Louisville and Nashville ..................
Norfolk Southern ..........................
Piedmont and Northern 5 .................
Savannah & Altanta ........................
Seaboard Coast Line .......................
Southern .................................

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


Atchison, Topeka & Santa Fe ...............
Chicago & North Western ...................
Chicago, Burlington & Quincy ..............
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 and Controlled Cos, W
Kansas, Oklahoma and Gulf .................
Lake Superior & Ishpeming .................
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 ...........................


762,309
-171,647
5,733,074
5,614.247
48,147
418,787
1,050,665
5,289,261
11,215,326
19,300,280
260,746
462,856
337,466
21,694.595
27,823.271


$ 81,120,689


2,467,314
1,259,833
5,721,510
4,666,001
170,350
224,209
793,823
5,581,170
8,200,177
15,934,634
346,525
454,574
357,174
13,362,180
21,~81,215


1969

$ 75,787,652


688,231
-979,964
3,574,662
0
48,254
0
1,120.957
4,034,208
9,630,473
16,081,003
8,488
644,070
342,727
18,837,591
21,756,952


NET INCOME


DiEa ). ..
APPROPRIATIONS


1968

$ 64,676,852


2,315,699
283,995
3,306,215
0
83,760
0
718,457
3,889,352
16.281,849
11,112,798
-8,394
460,913
310,622
10,606,855
15,314,731


$ 36,180,908


1,180,903
851,970
897,000
0
0
0
68,400
1,538,730
4.812.795
4.952,859
0
386,307
1,000
9.589,488
11.901,456


$ 34,520,101


896,828
0
897,000
0
0
0
0
1,454,802
4,810,549
4,951,508
0
309,044
0
9,588,577
11,611,793


167,149,044 184,929,471 156,190,709 174,010,791 119,612,102 121,141,963


36,692,394
-11,280,135
7,667,818
-5,731,234
-6,218,050
1,442,708
7,006,367
1,391,354
114,137
311,753
5,773.621
5,367.416
1,331,437
-75,079
15,868
15,186,983
873,512
195,634
10,049,680
14,856,121
3,605,306
35,729,886
1,025,334
4,176,945
404.279
36,326,094
908,995


23,469,726
866,234
7,805,056
6,264,203
-2,158,127
1,542,331
6,950,472
1,098,053
729,298
775,691
7,648,412
4,975,472
1,168,397
237,076
952,946
14,961,768
3,516,405
502,524
9,441,209
14,568,198
5,150,852
34,258,681
1,519,378
3,387,982
357,855
31,977,244
2,961,835


34,880,510
-14,125,078
5,018,038
-10,392,673
-5,310,011
1,263.599
5,830.748
3,538,246
-97,721
89,704
6,927,499
3,643,248
1,066,392
-138,138
-1,072,223
6,382,263
5,571,191
348,286
6,648,052
14,960,125
2,413,318
40,397,411
372,237
2,885,011
385,729
44,305,565
399,381


21,234,521
-2,306,039
4,677,342
2,399,993
-2,567,257
1,347,769
5,532,098
1,944,929
524,777
-172,922
7,634,555
3,422,598
846,151
176,674
-219,973
9,633,513
7,526,169
648,684
5,655,402
14,714,605
3,868,692
37,690,795
743,338
2,411,286
370,361
43,797,494
2,475,236


22,854,342
15,404
5,979,355
2,593,260
0
0
3.482,115
0
0
0
9,242,117
1.403.049
0
166,407
0
4.656,099
7.793,672
0
2,984,881
5.289,460
1.265,909
24,427,229
0
0
225,000
23.929,235
3.304,568


22,841,918
4,271,214
5,979,355
2,593,260
0
0
3,510,472
0
0
0
9,234,613
2.393,846
697,572
166,558
0
4,492,976
7,794,655
0
3,156,931
3,571,350
1,265,909
21,713,093
0

225,000
23,929,235
3,304,006


Page 2


District and railroad






:rrxt


st ,341q69 /3


UNIVERSITY OF FLORIDA


llII 3 1 1IIIIl1 111 llilllilll I I Ii Il N1 01 111 111
3 1262 08851 5076


Subject to revision


INTERSTATE COMMERCE COMMISSION

Bureau of Accounts


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


Compiled from IBS reports representing 75 Class I line-haul railroads


Statement No. Q-125 (I)

Third Quarter 1969


Income Account Items


UNITED STATES
For the third quarter of


For the nine months of


EASTERN DISTRICT
For the third quarter of For the nine months of


18


a8


1969
1. NET RAILWAY OPERATING INCOME ...................... 5139,848,268
2. OTHER INCOME ...................................... 129.658,366
3. TOTAL INCOME ................................... 269,506,634
4. MISCELLANEOUS DEDUCTIONS FROM INCOME .............. 22,259,016
5. INCOME AVAILABLE FOR FIXED CHARGES ............ 247,247,618
6. FIXED CHARGES:
7. RENT FOR LEASED ROADS AND EQUIPMENT ............ 15,357365
8. INTEREST DEDUCTIONS 1/ ......................... 116,311,279
9. AMORTIZATION OF DISCOUNT ON FUNDED DEBT ........ 1,131,028
10. TOTAL FIXED CHARGES ......................... 132,799,672
11. INCOME AFTER FIXED CHARGES ..................... 114,447,946
12. OTHER DEDUCTIONS .................................. 8,421,988
13. ORDINARY INCOME ................................... 106,025,958
14. EXTRAORDINARY ITEMS-NET .......................... 0
15. PRIOR PERIOD ITEMS-NET ....................... -2,556,123
16. FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS .................................... 5,361,351
17. TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS ..... -7,917,474
18. NET INCOME 2/ .................................. 98,108,484

19. DIVIDENDS ON COMMON STOCK ......................... 97,911,928
20. DIVIDENDS ON PREFERRED STOCK ...................... 2,070,944


20a RATIO OF INCOME TO FIXED CHARGES ..................


Income Account Items


I. NET RAILWAY OPERATING INCOME......................
2. OTHER INCOME ......................................
3. TOTAL INCOME ...................................
4. MISCELLANEOUS DEDUCTIONS FROM INCOME..............
5. INCOME AVAILABLE FOR FIXED CHARGES.............
6. FIXBD CHARGES:
7. RENT FOR LEASED ROADS AND EQUIPMENT ..........
8. INTEREST DEDUCTIONS 1/ .........................
9. AMORTIZATION OF DISCOUNT ON FUNDED DEBT.......
10. TOTAL FIXED CHARGES ........................
11. INCOME AFTER FIXED CHARGES...................
12. OTHER DEDUCTIONS..................................
13. ORDINARY INCOME..................................
14. EXTRAORDINARY ITEMS-NET...........................
15. PRIOR PERIOD ITEMS-NET ............................
16. FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS ....................................
17. TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS .....
18. NET INCOME 2/ ..................................

19. DIVIDENDS ON COMMON STOCK .........................
20. DIVIDENDS ON PREFERRED STOCK ......................

20a RATIO OF INCOME TO FIXED CHARGES ..................


Balance-Sheet Items Current Assets

21. CASH .............................................
22. TEMPORARY CASH INVESTMENTS........................
23. SPECIAL DEPOSITS .... ....................
24. LOANS AND NOTES RECEIVABLE ........................
25. TRAFFIC AND CAR-SERVICE BALANCES--DR ..............
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 ..............................
34. TOTAL CURRENT ASSETS ...........................


1.86


1968
S140,905,527
120,560.503
261,466,030
20,427,912
241,038,118

15,793.606
105,520,329
1,242,183
122,556,118
118,482,000
8,358,457
110,123,543
1,442,325
-1,303,515


1969
S493,624,132
355, 493,697
849,117,829
67,275,494
781,842,335

46,294,579
335,835,829
3,383,612
385,514,020
396,328,315
25,336,368
370,991,947
3,449,723
682,844


375,136 6,050,682
-236,326 -1,918,115
109,887,217 369,073,832


1968
$498,585,835
337,030,625
835,616,460
62,264,827
773,351,633

45,870,619
311,124,996
3,605,286
360,600,901
412.750,732
25,002,790
387,747,942
9,226,716
-844,922

155,082
8,226,712
395,974,654


*98,325,712 **337,129397 *334,781,235
1,684,070 14,663,702 14,362,049

1.97 2,03 2.14
SOUTHERN DISTRICT


For the third quarter of
1969 1968
139,211,797 536,477,200
16,to- ,0 I.111 321,284_
55,452,879 48,004,484
3,810,198 3,816,633
51,642,681 44,187,851


2,814,143
20,254,305
337,614
23,406,062
28,236,619
667,652
27,568,967
0
21,328,506

8,685,233
12,643,273
40,212,240

16,616,895
110,778

2.21


2,703,798
18,103,957
356,069
21,163,824
23,024,027
667,241
22,356,786
0
0


For the nine months of
1969 1968
$139,051,180 1117,597,889
42,905,454 37,086,705
181,956,634 154,684,594
10,875.564 10,214,539
171,081,070 144,470,055


8,874,441
58,898,818
1,015,990
68.789,249
102,291,821
1,997,899
100,293,922
3,449,723
21,432,124


8,127,725
53,937,691
1,080,902
63,146,318
81,323,737
2,002,824
79,320,913
7,692,801
0


0 9,175,877 0
0 15,705,970 7,692,801
22.356,786 115,999,892 87,013,714

15,115,734 49,289,740 46,868,283
112,153 3,703,627 2,859,782


2.09


UNITED STATES

Balance at the end of September
1969 1968
$171,586,970 5266,148,503
800,604,628 895,310,418
42,163,232 30,894,209
12,546,411 7,679,011
68,534,076 63,011,771
413,831,164 363,485,845
341,929,718 333,808,919
26,021,112 24,722,093
660,559,369 550,209,170
7,454,545 7,224,799
26,661,733 21,097,559
513,683,289 510,914,983
37,056,139 33,230,447
3,122,632,386 3.107,737,727


2,49


Balance-Sheet Items Current Liabilities

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


1969
S17,302,832
54,128,437
71,431,269
6,939,830
64,491,439

12,359,096
54,842,795
336,487
67,538,378
-3,046,939
1,506,276
-4,553,215
0
-23,884,629


1968
S28,665,718
53,166,386
81.832,104
4,973,118
76,858,986

12,859,788
47,701,539
402,858
60,964,185
15,894,801
1,414,764
14,480,037

297,345


1969
5104,090.269
147,159,712
251,249,981
20,790,050
230,459,931

36,894,748
155,209,469
1,020,688
193,124,905
37,335,026
4,531,812
32,803,214
0
-21,886,209


1968
5120,295,866
140,986,980
261,282,846
18,903,344
242,379,502

37,157,829

1,128,008
177,154,988
65,224,514
4,251,430
60,973,084
468,078
755,938


-3,323,882 0 -2,956,020 0
-20,560,747 297,345 -18,930,189 1.224,016
-25,113,962 14,777,382 13,873,025 62,197,100

25,579,233 26,699,683 121,117,135 119,802,406
253,359 450,251 647,888 838,889

0.95 1.26 1.19 1.37
WESTERN DISTRICT


For the third quarter of
1969 1968
S83,333,639 175.762,609
59,288,847 55,866,833
142,622,486 131,629,442
11,508,988 11,638,161
131,113,498 119,991,281


184,126
41,214,179
456,927
41,855,232
89,258,266
6,248,060
83,010,206
0
0


230,020
39,714,833
483,256
40,428,109
79,563,172
6,276,452
73,286,720
1,442,325
-1,600,860


For the nine months of
1969 1968
250.,482.683 5260,692.080
165,428,531 158,956,940
415,911,214 419,649,020
35,609,880 33,146,944
380,301,334 386.502,076


525,390
121,727,542
1,346,934
123,599,866
256,701,468
18,006,657
237,894.811
0
1,136.929


0 375,136 -169,175 155,082
0 -533,671 1.306,104 .690,105
83,010,206 72,753,049 239,200,915 246,763,840

* 55,715,800 56,510,295 **166,722,522 *168,110,546
1,706,807 1,121,666 10,312,187 10,663,378

3.13 2.97 3,08 3.21
UNITED STATES


585,065
118,318,154
1,396,376
120,299,595
266,202,481
18,748,536
247,453,945
1,065,837
-*,600,860


Balance at the end of September
1969 1968
S113,451,863 127,815,286
57,839,359 81,640,404
345,502,541 305,985,511
163,396,479 167,671,172
40,403,560 32,586,474
25,634,760 22,094,921
106,907,697 103,404,704
26,290,658 25,833,191
1.094,538.497 1,006,751,701
171,377,627 136,830,439
313,365,565 303,738,933
189,843,423 179,695,214
2,648,552,029 2,394,047,950


Selected Assets and Liabilities


EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-ROAD.....................
EXPENDITURES (GROSS) FOR ADDITIONS AND BETTERMENTS-EQUIPMENT ...............
INVESTMENTS IN STOCKS, BONDS, ETC., OTHER THAN THOSE OF AFFILIATED COMPANIES.
OTHER DEFERRED CHARGES ......................................................
EQUIPMENT OBLIGATIONS AND OTHER DEBT DUE WITHIN ONE YEAR 4/ .................
ANALYSIS OF TAXES ACCRUED:
U. S. GOVERNMENT TAXES..................................................
OTHER THAN U. S. GOVERNMENT TAXES .......................................
OTHER DEFERRED CREDITS ....................................................


UNITED STATES

Balarce at the end of September
1969 1968
5288,449,967 S250,959,181
748,561,136 643,643,444
264,616,979 279,227,320
391.426,297 171,153,941
636,190,444 608,164,385

244.376,192 209,849,291
240,367,000 230,720,081
319,711,883 239,576,922


* Includes dividends of $2,329,190 for 1969 and $2,325,721 for 1968 on class A stock.
** Includes dividends of $6,985,289 for 1969 and $6,818,697 for 1968 on class A stock.
1/ Represents accruals, including the amount in default.
2/ Analysis of the net income for the third quarter in 1969 shows 45 carriers with a net
income of $164,961,290 and 25 carriers with a net deficit of $66,852,806 as compared
with the third quarter of 1968 which showed 48 carriers with a net income of $155,355,488
and 22 carriers with a net deficit of $45,468,271. Excluded from the analysis are five
roads whose net income (or deficit) was absorbed by the controlling company.
3/ Includes obligations which mature not more than one year after date of issue.
/ 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.


UNIV. OF FL LIB.
ocuWENTS DEPT.






U.S. DEPOSITORY


Iid



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--- -- -- 1


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INTERSTATE COMMERCE COMMISSION


Bureau of Accounts





SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS


FOR THE NINE MONTHS ENDED SEPTEMBER 1969 AND 1968


District and railroad


NET RAILWAY OPERATING
INCOME


NET INCOME


DIVIDEND
APPROPRIATIONS


District and railroad


NET RAILWAY OPERATING
INCOME


NET INCOME


S DIVIDEND
APPROPRIATIONS


1969

United States Total ............. 493,624,132

Eastern District Total ......... 104,090,269


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.1/
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 1/..............
Grand Trunk Western ...............
Illinois Terminal ................
Lehigh Valley .....................
Long Island .......................
Maine Central .....................
Missouri-Illinois .................
Monon...........................
Monongahela ......................
Norfolk and Western ...............
Penn Central A/ ...................
Pennsylvania-Reading Sashore Lines
Pittsburgh & Lake Erie ............
Reading Company ...................
Richmond, Fredericksburg & Potomac
Western Maryland .................


752,314
-494,493
20,353,491
1,439,095
5,638,890
-1,850,821
991,107
-3,646,585
20,534
26.241,461
-31,792
74,620
4,040,467
537,394
2,393,362
1,924,517
7,090,970
-12,984,392
-142,693
-2,487,010
-13,531,477
268,481
3,036,931
667,849
-453,819
83.156,693
-32,367,499
-2,852,738
8,389,336
-101,544
2,907,440
5,110,180


1968

$498,585,835


1969

5369,073,832


1968

5395,974,654


1969

5351,793,099


120,295,866 13,873,025 62,197,100 121,765,023 120,641,295


903,107
-186, 763
16,938,780
1,535,216
6,053,351
-556,100
300,605
-3,809,843
-562,380
32,899,734
-1,506,750
336,576
1,367,092
361 265
2,352,577
2,061,038
2,829,560
-6,769,898
-513,857
-3,425,614
-5,912,200
1,180,044
3,239,804
953,869
-290,766
79,870,094
-23,806,064
-2,888,057
9,959,078
-337,525
2,451,475
5,268,418


395,739
-923,972
9,264,957
392,211
6,109,579
-4,882,855
0
-7,039,676
-372,589
20,398,686
-907,089
248,603
2,985,420
401,177
3,962,796
4,057,207
1,971,688
-15.259,935
-449,232
-4,559,020
-13,102,309
-680,325
2,486,693
156,742
-1,920,572
52,194,920
-49,032,314
-3,524,262
8,457,310
-3,447,511
3,417,139
3,073,819


575,100
-345,418
10,972,325
378,417
6,516,568
-2,627,682
0
-7,114,586
-1,014,725
25,243,754
-2,029,710
489,003
888,076
205,623
1,905,970
3,072,419
-4,384,722
-8,363,341
-819,627
-4,706,702
-5,616,420
-47,873
2,611,729
348,802
-989,286
55,108,396
-18,551,767
-3,397,257
10,139,039
-2,751,991
3,362,068
3,140,918


500,128
0
0
0
359,976
0
0
0
0
26,017,490
0
0
100,000
180,000
858,666
0
0
0
0
0
0
547,893
0
193,117
0
42,170,537
43,396,217
0
3.188.871
0
1,886,405
2,357,723


508,128
281,210
0
0
359,976
0
0
0
0
26,060,245
0
0
0
180,000
245,333
0
0
0
0
0
0
528,689
2,001,536
763,808
0
41,041,023
41,523,575
0
3,175,371
0
1,614,678
2,357,723


Deficit or other reverse item.
Report of trustees.
Figures for 1968 include six months operations of Delaware & Hudson R. R.
Figures for 1968 include three months operations of Erie-Lackawanna R. R.
Figures for 1968 include nine months operations of New York, New Haven & Hartford.
Includes operations of New Orleans & Northeastern, which merged January 31, 1969.
Includes operations of Piedmont & Northern, which merged July 1, 1969.
Includes Kansas City Southern and Louisiana & Arkansas.
Includes Spokane, Portland & Seattle and Oregon Electric.


5349,143,284 Southern District Total ................. $139,051,180


Alabama Great Southern 5/..................
Central of Georgia .......................
Cincinnati, N. 0. & Texas Pacific .........
Clinchfield ...............................
Florida East Coast .......................
Georgia Railroad, Lessee Organization .....
Georgia Southern & Florida ..............
Gulf,Mobile and Ohio .....................
Illinois Central ..........................
Louisville and Nashville .................
Norfolk Southern ..........................
Savannah & Atlanta .....................
Seaboard Coast Line 6/........... ......
Southern ...............................


1,194,891
327,512
8,003,020
8,624,819
581,148
634,672
1,147,756
7,508,893
15.810,878
26,377,461
218,306
453,834
27,765,540
40,402,450


Western District Total .................. 250,482,683


Atchison, Topeka & Santa Fe ..............
Chicago & North Western .................
Chicago, Burlington & Quincy ..............
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 and Controlled Cos. 7/
Kansas, Oklahoma and Gulf .................
Lake Superior & Ishpeming .................
Missouri-Kansas-Texas .....................
Missouri Pacific ..........................
Northern Pacific .........................
Northwestern Pacific ......................
St. Louis-San Francisco ...................
St. Louis Southwestern ....... .........
Soo Line .................................
Southern Pacific ..........................
Spokane, Portland and Seattle 8/..........
Texas & Pacific ...........................
Toledo, Peoria & Western ..................
Union Pacific ...........................
Western Pacific ....... ..................


45,181,050
-13,001,307
9,304,926
-7,935,102
-9,671,905
2,169,847
10,449,247
5,062,645
374,406
271,973
14,913,160
7,790,232
1,851,589
624,833
-623,933
20.995,810
4,999,886
43,/83
14,361,244
21,330,434
5,348,694
50,878,591
1,256,268
5,829,033
419,130
57,071,430
1,186,719


$117,597,889


3,639,989
2,400,866
8,139,251
7,078,239
-195,919
472,085
1,047,981
7,669,247
10,753,500
24,477,559
620,830
481,432
19,400,955
31,611,874


$115,999,892


968,309
-867,291
4,746,308
0
676,775
0
1,118,494
6,901,212
15,685,342
25,588,959
78,484
466,407
30,203,846
30,433,047


$87,013,714 $52,993,367 $ 49.728,065


3,250,879
926,770
4,414,590
0
.6,020
0
940,762
5,550,141
19,089,505
16,259,762
83,678
418,991
15,092,881
20,991,775


1,180,903
851,970
1,794,000
0
0
0
68,400
2.332,015
7,556,088
7,429,289
0
1,000
15,048,359
16,731,343


896,828
0
897,000
0
0
0
0
2,185,011
7.216,882
7.427,387
0
0
14,806,852
16.298,105


260,692,080 239,200.915 246,763,840 177,034.709 178,773,924


30,500,723
-1,394,285
13,040,193
4,877,414
-7,647,927
2,327,011
10,270,776
4,152,882
726,971
223,674
11,011,468
7,126,648
1,747,989
541,725
-524,999
20,135,014
7,144,875
862,992
12,947,520
19,828,655
6,107,130
52,811,006
1,726,178
4,455,080
536,761
52,608,012
4,548,594


41,779,484
-17,912,066
6,159,420
-13,316,780
-8,853,516
1,944,885
8,805,057
7,866,383
62,219
-81,220
17,239,116
5,177,926
1,474,180
562,602
-2,283,809
9,482,772
12,322,944
295,015
9,231,125
21,502,779
3,532,482
56,156,835
304,631
5,616,733
403,457
71,356,036
372,225


27,267,726
-7,901,156
7,593,068
-1,431,417
-6,759,289
2,016,907
8,124,205
5,341,872
419,552
-823,394
11,580,385
4,737,920
1,277,961
460,321
-2,395,558
12,513,023
14,192,583
1,171,597
7,511,807
20,053,870
4,241,908
57,581,012
1,274,440
4,357,767
531,931
69,998,269
3,826,530


32.729,352
15,404
9,396,129
2,593,260
0
0
5,223,172
0
0
0
13,863,381
2,104,372
1,715,340
249,611
0
6,985,289
11.690,602
0
4,542,223
5,289,460
1,265,909
36,640.844
0
2,444,440
337,500
36,643,853
3,304,568


32,719,069
4,901,796
9,396,129
2,593,260
0
0
5,265,095
0
0
0
13,854,460
3,590,634
2,527,268
249,686
0
6,818,697
11,678,886
0
3,948,744
3,571,350
2,848,296
32,569,639
0
1,955,556
337,500
36,643,853
3,304,006


Page 2






ZlC /Qs&.3,


fl/


Subject to revis


UNIVERSITY OF FLORIDA

IIll t IIIIIiIIUilllllllIJVIIJiiii1 II TERSTATE COMMERCE COMMISSION
3 1262 088514632 Bureau of Accounts


Statement No. Q-125 (rS)
Fourth Quarter 1969


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

Compiled from IBS reports representing 75 Class I line-haul railroads


Income Account Items


UNITED STATES
?or the fourth quarter of


For the twelve months of


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


NET RAILWAY OPERATING INCOME ......................
OTHER INCOME ......................................
TOTAL INCOME ...................................
MISCELLANEOUS DEDUCTIONS FROM INCOME ..............
INCOME AVAILABLE FOR FIXED CHARGES .............
FIXED CHARGES:
RENT FOR LEASED ROADS AND EQUIPMENT ............
INTEREST DEDUCTIONS 1/ .........................
AMORTIZATION OF DISCOUNT ON FUNDED DEBT ........
TOTAL FIXED CHARGES .........................
INCOME AFTER FIXED CHARGES .....................
OTHER DEDUCTIONS ..................................
ORDINARY INCOME ...................................
EXTRAORDINARY ITEMS-NET ...........................
PRIOR PERIOD ITEMS-NET ............................
FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS ....................................
TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS .....
NET INCOME 2/ .... ..........................


1969
$16.',944,101
149,373.370
315,316,471
26,201,183
289,115,288

13,881,075
128,853,954
1,178,114
143,913,143
145,202,145
5,480,163
139,721,982
-32,640,547
-334989,879

-19,114,094
-47,516,332
92,205,650


19. DIVIDENDS ON COMMON STOCK ......................... 130,832,918
20. DIVIDENDS ON PREFERRED STOCK ...................... 5,316,970

20a RATIO OF INCOME TO FIXED CHARGES .................. 2.01


Income Account 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:
7. RENT FOR LEASED ROADS AND EQUIPMENT ............
8. INTEREST DEDUCTIONS I/ ......................
9. AMORTIZATION OF DISCOUNT ON FUNDED DEBT ........
10. TOTAL FIXED CHARGES .........................
11. INCOME AFTER FIXED CHARGES .....................
12. OTHER DEDUCTIONS ..................................
13. ORDINARY INCOME ...................................
14. EXTRAORDINARY ITEMS-NET ..........................
15. PRIOR PERIOD ITEMS-NET ............................
16. FEDERAL INCOME TAXES ON EXTRAORDINARY AND PRIOR
PERIOD ITEMS ....................................
17. TOTAL EXTRAORDINARY AND PRIOR PERIOD ITEMS .....
18. NET INCOME 2/ ..................................

19. DIVIDENDS ON COMMON STOCK .........................
20. DIVIDENDS ON PREFERRED STOCK ......................

20a RATIO OF INCOME TO FIXED CHARGES ..................


Balance-Sheet Items Current Assets


1968
$184 192,891
158,216,084
342,408,975
27 ,811942
314,597,033

15,717,856
106 741,907
1,377,461
123,837,224
190,759,809
A8373,811
182,385,998
34,389,582
-48,252,361


1969
$658,806,860
504,827,678
1,163,634,538
92,741,304
1.070,893,234

60 175,654
464,689,783
4,561,726
529,427, 163
541,466,071
30,816,531
510,649,5*0
-29,190,824
-33,307,035


1968
$682,778,726
495,246,709
1,178,025,435
90,076,769
1,087,948,666

61,588,475
417,866,903
4,982,747
484,438,125
603,510,541
33,376,601
570,1F33,940
43,616,298
-49,097,283


-952,442 -13,063,412 -797,360
-12,910,337 -49,434,447 -4,683,625
169,475,661 461,215,093 565,450,315

*154,953,975 **467,962,315 **489,735,210
# 10,840,854 # 19,980,672 # 25,202,903


2,54
SOUTHERN DISTRICT


For the fourth quarter of
1969 1968
$46,050,646 $46,962,227
23.530,867 18,677,764
69,581,513 65,639,991
6,750,215 5,328,485
62,831,298 60,311,506


1,709,795
21,078,199
307,416
23,095,410
39,735,888
663,726
39,072,162
9,793,220
-34,070,373

-7,829,755
-16,447,398
22,624,764

23,052,284
943,934


2,985,981
18,405,958
379,695
21,771.634
38,539,872
609,333
37,930,539
976,626
-8,538,858


1969
$19,845,247
50,656,185
70,501,432
6,081,055
64,420,377

11,981,285
65,640,968
403,560
78,025,813
-13,605,436
1,380,813
-14,986,249
-4,795,552
80,494


1968
$21,944,690
58,792*403
80,737,093
8,864,314
71,872,779

12,553,509
48,785,281
427,677
61,766,467
10,106,312
1,407,029
8,699,283
23,973,247
-38,219,306


1969
$123,175,143
197,776,508
320,951,651
26,135,732
- 2946,815919

48,876,033
220,850,437
1,424,248
271,150,718
23,665,201
5,912,625
17,752,576
-4,795A552
I21,805,715


1968
$142,240.556
199,779,383
342,019,939
27,767,658
314,252,281

49,711,338
187,654,432
1,555,685
238,921,455
75,330,826
5,658,459
69,672,367
24.441,325
-37,463,368


-772 27,600 -2,956,792 27,600
-4.714.286 -14,273,659 23,644,475 .13,049,643
-19,700,535 -5,574,376 -5,891,899 56,622,724

34,990,103 52,584,701 156,107,238 172,387,107
182,555 185o942 830,443 1,024,831


2.02


1.16
WESTERN DISTRICT


For the twelve months of
L969 1968
$185,101,826 $164,560,116
66,436,321 55,764,469
251,538,147 220,324,585
17,625,779 15,543,024
233,912,368 204,781,561


10,584*236
79,977,017
1,323,406
91,884,659
142,027,709
2,661,625
139.366,084
13,242,943
-12.638,249


11,113,706
72,343,649
1,460,597
84,917,952
119,863,609
2,612,157
117,251,452
8,669,427
.8,538,858


-2,145,737 1,346,122 2,145,737
-5,416,495 -741,428 2,276,306
32,514,044 138,624,656 119,527,758

22,255,532 72,342,024 69,123,815
1,047,219 4,647,561 3,907,001


2.72
UNITED STATES


Balance at the end of D
1969


21. CASH .............................................. 237,110,438 $242,
22. TEMPORARY CASH INVESTMENTS ...................... 920,249,585 952,
23. SPECIAL DEPOS Th ................... ........ 38188,369 33,
24. LOANS A RE ........ ....................... 14448,381 3s
25. TRAF A -SER( CES--DR ............... 73,343,544 67,
26. NET/ E FRM NTS AND CONDUCTORS 431,002,094 386,
27. M. -C .-US ACCOUNTS RItJ-A.LE ................. 356,788,450 3318
28. IRE AND YDENDS RE ILB.e ................ 21,572,956 22,
29. ACCO RECEIVABL r................... 676,137,983 5488
30. FUND VANCES ..... ..........22969,226 6,
31. YMENTS ................ .?.................. 30502,576 23,
32. |0kI AND SUPPLIES ....... ............. 503,083,675 475,
33. CURRENT ASSETS ....... ......... 53 560,950 50,
34. CURRENT TS... ................3378958227 3,152,

electedAabilities


48. EXPENDIT ADDITIONS AND BETTERMENTS-ROAD .....................
49. EXPENDITURES FOR ADDITIONS AND BETTERMENTS-EQUIPMENT ................
50. INVESTMENTS IN STOCKS, BONDS, ETC., OTHER THAN THOSE OF AFFILIATED COMPANIES.
51. OTHER DEFERRED CHARGES ......................................................
52. EQUIPMENT OBLIGATIONS AND OTHER DEBT DUE WITHIN ONE YEAR / .................
53. ANALYSIS OF TAXES ACCRUED:
54. U. S. GOVERNMENT TAXES................................................
55. OTHER THAN U. S. GOVERNMENT TAXES ......................................
56. OTHER DEFERRED CREDITS...................................................


december
1968
918,337
909,742
80P949
821,797
908,52t
024,618
382,059
184,975
810,503
859,95C
218,683
209,243
053,125
110,507


2.41


Balance-Sheet Items Current Liabilities

. LOANS AND NOTES PAYABLE 31...............
. 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 ................
. FEDERAL INCOME TAXES ACCRUED ............
. OTHER TAXES ACCRUED .....................
. OTHER CURRENT LIABILITIES ...............
TOTAL CURRENT LIABILITIES ............


UNITED STATES

Balance at the end of December
1969 1968
$420,681,260 $368,599,000
1,088,712,443 818,735,634
274,258,435 400,355,455
160,977,918 323,941,948
751,416,461 615,554,195


211,445,929
206,200,138
284,359,830


213,883,549
202,267,300
234,067,106


For the fourth quarter of
1969 1968
$100.047,208 $115,285,974
75,186,318 80,745,917
175,233,526 196,031,891
13,369,913 13,619,143
161,863,613 182,412,748


189,995
42,134,787
467,138
42,791,920
119,071,693
3,435,624
115,636,069
-37,638,215
0


178,366
39,550,668
570,089
40,299,123
142,113,625
6,357,449
135,756 176
9,439,709
-1,494,197


1.09


1.32


For the twelve months of
1969 1968
$350,529 891 $375,978,054
240,614,849 239,702,857
591,144,740 615,680,911
48,979,793 46,766,087
542,164,947 568,914,824


715,385
163,862,329
1,814,072
1660391,786
375,773,161
22,242,281
353,530,880
-37,638,215
1l136,929


763,431
157,868,822
1,966,465
160,598,718
408,316,106
25,105,985
383,210,121
10,505,546
.3,095,057


-11,283,567 1,165,695 -11,452,742 1,320,777
-26,354,648 6,779,817 -25,048,544 6,089,712
89,281,421 142.535,993 328,482,336 389,299,833

* 72,790,531 80113,742 ** 239,513,053 **248,224,288
# 4,190,481 # 9,607,693 # 14,502,668 # 20,271,071

3.78 4.53 3.26 3.54


UNITED STATES

-Balance at the end of December
1969 -1968
$232,631,513 $114,348,495
68,925,461 67,036,723
350,140,157 340,912,557
163,086,688 1p3,666,838
48,841,776 42,690,379
19,738,015 18,449,623
110,897,010 107,360,950
28,455,087 30,689,275
IlP181858,164 1,036,765,039
140,648,553 146,903,042
276,997,514 269,247,807
195,263,070 194,341,792
2,817,483,001 2,522,412,520


* Includes dividends of $2,329,190 for 1969 and $2,326,971 for 1968 on class A stock.
* Includes dividends of $9,314,479 for 1969 and $9,145,668 for 1968 on class A stock.
# Includes dividends of $198,655 for 1969 and 1968 on class B stock.
1/ Represents accruals, including the amount in default.
2/ Analysis of the net income for the fourth quarter in 1969 shows 44 carriers with a net
income of $197,794,348 and 26 carriers with a net deficit of $105,588,698 as compared
with the fourth quarter of 1968 which showed 51 carriers with a net income of $233,347,667
and 19 carriers with a net deficit of $63,872,006. Excluded from the analysis are five
roads whose net income (or deficit) was absorbed by the controlling company.
3/ Includes obligations which mature not more than one year after date of issue.
4/ 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.


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INTERSTATE COMMERCE COMMISSION


Bureau of Accounts


Page 2


SELECTED INCOME ITEMS BY DISTRICTS, CLASS I RAILROADS


FOR THE TWELVE MONTHS ENDED DECEMBER 1969 AND 1968


district and railroad


NET RAILWAY OPERATING
INCOME


NET INCOME


DIVIDEND
APPROPRIATIONS


District and railroad


NET RAILWAY OPERATING
INCOME


1969

United States Total ........... $658,806,860

Eastern District Total .......... 123,175,143


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 2/ ............
Detroit and Toledo Shore Line .....
Detroit, Toledo and Ironton .......
Elgin, Joliet and Eastern .........
Erie Lackawanna 3/ ................
Grand Trunk Western...............
Illinois Terminal.................
Lehigh Valley .....................
Long Island .......................
Maine Central.....................
Missouri-Illinois.................
Monon ............................
Monongahela .......................
Norfolk and Western .............
Penn Central Transportation Co. 4/
Pennsylvania-Reading Seashore Lines
Pittsburgh & Lake Erie ............
Reading Company ...................
Richmond, Fredericksburg & Potomac
Western Maryland ..................


612,417
-846,210
31,939,699
1,562,938
7,275,521
-2,540,779
-179,300
.5,630,676
-87,919
40,222,192
-1,121,071
234,137
4,916,215
732,297
3,281,227
2,352,293
9,048,592
-17,087,559
-58,881
-3,298,311
-20,266,570
128,468
3,710,349
767,572
766,355
117,556,127
.67,820,674
-3,769,153
11,253,387
.602,986
3,479,379
6,646,067


1968
$682,778,726

142,240,556


1,172,535
-173,412
18,510,305
1,546,726
8,252,459
-1,223,678
219.770
-6,188,871
.988,624
46,052,739
-1,110,773
528,408
2,968,929
653,273
3,414,154
2,442,772
7,779,913
-9,129,150
-850,609
-4,445,358
-10.548,208
1,803,477
4,532,301
1,439,584
289,178
106,883,572
-51,207,719
.3,926,440
13,691,003
-202,513
3,199,572
6,855,241


1969

$461.215,093


1968

$565,450.315


1969

$487,942*987


1968

$514,938,113 Southern District Total ..............


.5,891,899 56,622,724 156,937,681 173,411,938


148,099
-1,442,976
19,151,426
108,887
7,870,791
-6,062,753
0
.9,381,379
-636,636
34,204,563
.5,713,542
484,408
3,513,823
565,313
4,225,451
4,980,221
1,258,859
-28,552,247
-384,235
-7,539,684
-19,691,909
.1,436,782
3,024,101
524,102
-1,209,040
76,230,031
-91,631,726
.4,526,679
11,391,052
-3,388,701
4,347,641
3,677,622


740,543
-461,870
10,267,976
93,388
9,783,347
-3,701,920
0
-7,951,642
-1,604,414
44,164,411
-1,760,168
554,438
1,998,497
429,500
2,905,403
3,804,606
-1,301,726
-11,306,421
-1,356,755
.5,968,691
-10,292,570
260,969
3,682s505
807,118
.869,337
74,141,338
-64,230,721
-4,608,189
13'875,897
.3,793,285
4,404,124
3,916.373


508,128
0
0
0
4,419,976
0
0
0




100,000
240,000
1,471,998
1,0000000
0
0
0
0
0
557,807
2,001,536
193,117
0
56,147,382
43,396,217
0
4,960,466
0
3,063*373
3,143,630


659,296
399,835
0
0
7,419,976
0
0
0
0
34,743,613
0
1,0000000
200,000
240,000
735,999
3,000,000
0
0
0
0
0
538,634
2,001,536
956,925
0
55,137,869
55,400,359
0
4,946,966
0
2,887,240
3,143,630


Deficit or other reverse item.
Report of trustees.
Figures for 1968 include six months operations of Delaware & Hudson R. R.
Figures for 1968 include three months operations of Erie-Lackawanna R. R.
Figures for 1968 include twelve months operations of New York, New Haven & Hartford;
name changed from Penn Central Co., effective October i, 1969.
Includes operations of New Orleans & Northeastern, which merged January 31, 1969.
Includes operations of Piedmont & Northern, which merged July 1, 1969.
Includes Kansas City Southern and Louisiana & Arkansas.
Name changed from Southern Pacific Co., effective November 26, 1969.
Includes Spokane, Portland & Seattle and Oregon Electric.


Alabama Great Southern 5/ .................
Central of Georgia ........................
Cincinnati, N. O. & Texas Pacific .........
Clinchfield ..............................
Florida East Coast.......................
Georgia Railroad, Lessee Organization .....
Georgia Southern & Florida ................
Gulf, Mobile and Ohio .....................
Illinois Central ........................
Louisville and Nashville .................
Norfolk Southern...... ...................
Savannah & Atlanta ......................
Seaboard Coast Line 6 ...................
Southern .................................


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


4tchison, Topeka & Santa Fe ...............
Chicago & North Western ...................
Chicago, Burlington & Quincy .............
Chicago, Milwaukee, St. Paul& Pacific ....
Chicago, Rock Island & Pacific ..............
Colorado and Southern .....................
Denver & Rio Grande Western ...............
Duluth, Missabe and Iron Range ...........
Duluth, Winnipeg & Pacific ................
For Wortrth & Denver ......................
Great Northern ........ ...................
Kansas City Southern7 ...................
Kansas, Oklahoma and Gulf ................
Lake Superior & Ishpeming ................
Missouri-Kansas-Texas .....................
Missouri Pacific.........................
Northern Pacific .........................
Northwestern Pacific.....................
St. Louis-San Francisco .......... ...
St. Louis Southwestern ..................
Soo Line ..................................
Southern Pacific Transportation Co. 8/ ....
Spokane, Portland and Seattle 9/ ..........
Texas & Pacific ...........................
Toledo, Peoria & Western ..................
Union Pacific .............................
Western Pacific ...........................


$ 185,101,826


361,930
2,126,597
10,460,942
12,045,935
1,285,299
924,444
1,427,599
10,160,116
21,602,008
32,916,313
452,v870
539,402
35,121,574
55,676,797


$ 164,560,116


4,557,924
4,168,918
10,308,571
9,430,809
.307,883
649,194
1,500,129
10,390,016
15,930,861
35,079,449
839,383
645,758
25,330,471
46,036,516


1969

$ 138,624,656


501,815
-1,154,649
5,732,043
0
5,347j888
0
1,365,069
8,989,742
26,520,018
31,238,102
177,696
560,190
38,484,751
20,861,991


1968

$119,527#758


4,601,328
2,154,578
5,312,695
0
90,420
0
1,374,249
8,635*094
26*142,901
22,904,741
150,578
554,677
13,463,733
34,142,764


350,529,891 375,978,054 328,482,336 389,299,833


59,165,798
-18,373,343
15,967,094
-10,182,137
-7,876,555
2s929,139
14,354,892
5,682,068
747,955
199,486
19,248,184
11,455,516
2,364,501
626,385
-1,347,052
28,948,720
10,268,394
-76,064
20,510,919
26,146,033
7,789,744
69,271,697
1,516,375
9,201,666
480,930
81,553,492
-43,946


48,096,591
-2.312,533
21,667,810
7,247,471
-6,517,771
2,873,805
13,929,699
4,299,446
894,638
-138,137
20,574,160
9,493,015
2,461,352
588,286
.768,545
25,568,082
14,490,972
828,153
18,649,682
24,252,505
8,835,729
65,160,641
2,142,336
6,534,371
652,919
80,238,913
6.234,464


57,289*423
-18,780,313
9,770,264
-11,582,708
-9,830,712
2,697,656
11,539,250
9,264,927
326,167
-274,567
10,523.762
5,318,339
1,854,913
546,693
3,157,520
15,500,547
5,396.725
213,309
14,693,353
26.463,884
5,378,637
77,559,113
294,096
8,499,079
460.726
103,793,934
-1,591i681


51,540,608
-92A568
15,300,469
2,612,012
-4,805,163
2,458,715
11,531,498
6,056,406
459s878
-1,412,927
21,800,053
4,772,556
1,847.775
438,447
.2,971,890
16,859,411
25,184,816
1,171,388
12,527,567
25,987,193
6,375,407
74,859,899
1,175,870
6,563,63 7
673,720
102,734,205
5.650,851


1969
$ 76,989,585


1,180,903
851,970
3,229,525
0
0
0
68,400
4,241*172
10,299,381
12,382,249
0
J1001,000
20,043,989
23,690,996


1968
$ 73,030,816


1,233P139
0
2,781,025
0
0
0
0
4,029,285
9,6231216
12,380s145
0
0
19,906,840
23,077,166


254,015,721 268,495,359


45,708,682
15,404
12,812,903
2,593,260
0
757,365
6,964,230
14,000,000
0
0
18,484,645
3,299,941
1,715,340
332,814
0
9,513,134
15,587,548
0
6,099,564
9,584,735
2,531,817
48,854,459
0
2,444,440
450,000
47,859,476
4.405,964


45,698.400
19,346,257
12,812,903
2,593,260
0
757,365
7,005,987
12,000,000
0
0
18,474.862
4,787.227
2,527,268
332,890
0
9,344,323
15,575.007
0
5,376,207
7,866,625
4,430.682
44,783.254
0
1,955.556
562,500
47,859,476
4,405.310


GPO 890 943


NET INCOME


DIVIDEND
APPROPRIATIONS