Preliminary statement of capitalization and income

MISSING IMAGE

Material Information

Title:
Preliminary statement of capitalization and income
Series Title:
Statement
Portion of title:
Class I steam railways in the United States
Physical Description:
v. : 29 x 43 cm.
Language:
English
Creator:
United States -- Interstate Commerce Commission. -- Bureau of Statistics
United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics
Publisher:
G.P.O.
Place of Publication:
Washington, D.C
Publication Date:
Frequency:
annual

Subjects

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

Notes

Dates or Sequential Designation:
1st (1924)-
Numbering Peculiarities:
Report year ends Dec. 31.
Issuing Body:
Vols. for 1924-<1931> issued by the Commission's Bureau of Statistics; vol. for 19 - issued by the Commission's Bureau of Transport Economics and Statistics.
General Note:
Planographed.
General Note:
Vol. for 1924 "does not include lessor companies."
General Note:
Title from cover.
Statement of Responsibility:
Interstate Commerce Commission, Bureau of Statistics.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 020842661
oclc - 05589381
lccn - sn 88028572
System ID:
AA00013879:00001

Table of Contents
    Front Cover
        Page 1
        Page 2
    Introduction
        Page 3
        Page 4
    Statement of capitalization and income items taken from preliminary reports of class I steam railways (including switching and terminal companies) for the year ended December 31, 1924
        Page 5
        Page 6
        Page 7
        Page 8
        Page 9
        Page 10
        Page 11
        Page 12
        Page 13
        Page 14
        Page 15
        Page 16
        Page 17
        Page 18
        Page 19
        Page 20
        Page 21
        Page 22
        Page 23
        Page 24
        Page 25
        Page 26
        Page 27
        Page 28
        Page 29
        Page 30
        Page 31
        Page 32
        Page 33
        Page 34
    Back Cover
        Page 35
        Page 36
Full Text






41t
o 01,t



PRELIMINARY SQ
CLAS..


17




to -













UNIVERSITY
OF FLORIDA L I B R A R Y










3
INTERSTATE COMMERCE COMMISSION 2590

BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASS I STEAM RAILWAYS (INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDED DECEMBER 31, 192,1 (Does not include lessor companies)

INTROD'UQTQRY STATEMENT

This is the first issue of a compilation of special reports containing selected items of capitalization and income. These reports were due to be filed with the Interstate Commerce Commerce Gommissionas of February 15, 1925. The final report was not received until March 13, 1925The publication is primarily for the purpose of furnishing figures of certain income and balance sheet items frequently called for and not appearing in the monthly reports of revenues and expenses. Without this separate report such information would not be available before the preparation of the Preliminary Abstract of Statistics of Common Carriers, returns for which are not

available until the filing of annual reports of steam railways as of March 31This preliminary abstract of capitalization and income also differs from the Preliminary Abstract in giving this advance information regarding individual railways of Class 1.

It may be noted that the total& shown in this statement differ somewhat from the corresponding figures in the December issue of the monthly summary of revenues and expenses of Class I Steam Railways. This is explained almost entirely by the fact that the preliminary abstract of capitalization and income includes figures for steam railways in operation during the entire year, while the monthly summary of revenues and expenses includes data for the Arizona Eastern Railroad Company, and the il Paso and Southwestern Railroad Company, which were leased to the Southern Pacific Company before December 31, 1924.


,5,3 6 2 7

Washington; March 20, 1925'00










BUREAU OF 6T IS a
STATEMNT OF CAPITALIZATION AND INCOME ITEMS TAKEN FRM VELIMINARY REPoRTS OF CLASS I STEA W
(INCLUDING SWITCHIG AND TERMINAL COMPANIES) F'OR THEYR ENE ECME 3,12

ADoeq not ind(ud iqeuar companies
INDEX
The region to which a road has been assigned is indiote adb ea ters iollowing the came as follows; New EnglanldLA Great Lakeo (G.i. ).
Central Eastern G.);Pocahontas (P.); Southern (3. ; Northwestern (N.W.); Central Western (w. and Sothatern (,4


SU11"RIES: DISTRICTS AND REGIONS 4
Page PagePa
Unitt States ......e.io......................................... 6nd a ooh
E a t e n i s r i t . . . . . 1 1 . . . . nd a te vg r . .. . . . . . . . . . .... . . .. . . . . n
Grea L a es g on .......................................... 6 and 9 Pocahomna Region ......... ....... ......... : ... ......... 7 Ce t a e t r e i n .. .......... en
Central Eastern Region ....................................... 6 and 9 Southern Region ..............................................7 ..... o
Name of hod or Systom No. Ns-e of Road or System Nog Ne oRgoad Or


Akron, canton & Youngstown Bp. Co. (G.E.) 15 Florida East Coast Ry. Co. (S.) ......................... 1 Nw York, Ontario & Ws
Alabaa &Vicksburg Ry o S)...... ............ llotSih&wtr y. Co. (S..) ............. 2Z Fort Smt r),&Weee a& etern Ry. CR Co (* ..... ......o.....1
Alabama Great Southern Ri. R. Co. (S.) ..........._..... 2o Fort Worth & Denver City By. Co. (:w) ........... ~ A ug South Shore NBY. Co. (G.fL. .. .......... 3
Ann Arbor R. R. Co. (.L.) 11 Fort Worth & Rio Grand Co. (.W.) .................. &...... le7 ot
Atchison Stm.................................................24a ............................................. 2 Norfk Southern R. Co() ..
At oen,Tek ........................................ 2oea&Sna421.nnotenAaaa" 2
(I ol. Panhandle & Santa Fe By. Co. and Galveston. Barri'burg & San Antonio By. Co. ($.W.) ...................30 Northern Pan, in By. Co. (N.J) 23
ulf, Colorado A Santa e y. Co.) (C.W.) ......................... Galveston Wharf Co. .W ................. .................. Northwestern Pacific .. .... ........... 25
Atlanta A Nat Point R. R.. Co. (.) ............................... 1 Georgia & Florida By. (S .................. 19
M ita, I' Singhm A Atlantic. fly. Co. (S.).......................... 1 Georgia R. R. Lessee Organization (S.) ............................1 Oregon Short Line R. R.NCo... 2
Atlantic & Saint Lawrence Ft. R.. Co. (N..).......................... 10 Georgia Southern & Florid By. Co. (S.)...........................21 Oregon-Washington R. R. & Ni .u.) .
At3lantic City Rn '. . (.. )...................................17 Grand Trunk Weeter Ry. Co. (GL.) ................. ....... ....
Atlantic Coast Line R. R. C (S.) ................................18 Great northern e y. Co. (.) e ..... ............... 2 p n n & Santa Fe y. o.
Aetntio Coas Line System ........................ .......18 and 19 Green Bay & Western R. R. Co. (.w.) ..............................23 (Inl. in Atchison, Topeka &Sata Fe y. Co.) .......
Gull A Ship Iland R. R. Co. (S.).................................19 Pennsylvania R Co. .. .. .........
Baltimore A Ohio Chicago Terminsl R.. C. 0. (C..).............. ...... 32 GfCo &ana e yem .................................. G o ...... 1o6ora.o Sat17l.Con l
Baltimore A Ohio R. R.. Co. (C.E.) .................... 15 (Incl. in Atchison, Topeka A Santa Fe fly. Co.) ....................24 Peoria & Pekin Union NBy. Go (CW)........ .. ...-:3
altiore Ohio system............. ...................... ....... 5 Gulf,. Mobile Northern R.. 0o. (S.)............................20 Pere Marquett e y. Co. (G L) ..... ................. _,+,+ I
Baltimore, Chesapeake & Atlantic By. Go. (C.E.).....................is1 Perkioen R. Co. (..) : ..............)........................ 1
Banger A Aroostook R.. R. Co. (N. .... 10 rocking Valley y. Co. (0.5.) ....................................15 ittsburgh A Lake ) ... ....... ... I. ...
uont, SourfLke A. Western N.y. Co. ......... ................ 29 Houton A Texas Central B. R. Co. a ..:) .............. ..........31 ittsurg Sehawt N. o. (G.L. ............... I ++*+++*++ 1
St fly. 00. of Chicago (G.......................... ., .... .32 Houston Eat A Nest Texas By. Co. S.W..........................31 Pttsburgh A Woet Virginia By. Goe. eG.L.) .. .. >. O 4
SBessemr A Lake Erie R. R. Go. (. E).... ............... Iit s.......... Sha t & Horthern R. R.. C (G L.
Bnam A a inel. N. Con (.E N.................................... 10 Illinos Central R. R. Co. (S.) ....................................20 Port Beadi R. Co. (C .) ...... ...... *: 17
Boson A Masin Rstt T.ermin ........................ I .. 10 .....Illinois Central Syetem ......................................... 20
Bufokly E aseDintaL N. Tero al t i..) .........................15 Indiana Harbor Belt R. R. Co. (0..) ................................. Quincy, Omaha & Kansas City .. R. Co. (C.+.) .... ...... ........
ff ao S u a R . Co p r t o ... .................... c e A. C5 International Great Northern . Co. (S.W. ...................... 29
Bufralon Rouhster Pittsburgh .) .........1................. 11 International fly. Co. of Maine Reading Co. (..).......................n... ..... ............. 1
BulntnRue................................... 24 and 27 (See Canadian Pacifito Lines in Miaine)............................ 10 Reading System ............. .... ..... Richmond,.... 17~rck ~ & "


o +, ~Rihmn Frdr.kb g..Pt.a R.. R. Co. (P.) .......... ................... "+:j': ::++= is
Cenalan National Railways Systp ........................10 11 and 22 Kensas City, Mexico A Orient Lines............................. 27 Rok Isl dnSatem& N., By tam ... 25
Canadian Pacific Lines in Mains (N.8.) ............. ...........10 Konas City, Mexico Orient .. R. Co. ( ......... .. ..... 27 Rlend N. N. Go. (. ............
Cejisinipacific ystem ......................................10 and 2e anas City, Mexico AOrient By. Co. of Texas (S.W.) ................. 27
C olina, Clinehfield A Ohio u.y. ( .............................. 19 Kansas City uthern By. Co. (.W.)................................ Saint Joseph A Grand Island ly. Go. (0.14 ) ....................... 26
Central Sew Eng y. (N.................................... 10 Lanea. City Southern System .......................................2 Saint Louis, Brownsville & Mexico y. .. (....................... 30
Central of Georgia By. Go. (s.) ................................... 20 Kansas, Oklahoma & Gulf By. Co. (S.w.).......... ................... 28 Saint Louis Merchants Bridge Terminal N.y. Co. (S.W.) ,.........3
Central R. *. Co. of New Jersey (G.E.)............................ 17 Saint Louls-oan Francisco y y. Go. (S.W. )............. ........ 27.
Central ermont y. Go. (N.E.) .................................... I0 Lake hucTior & Ishpeing R. R. Co. (N.W.) .......................... 23 Saint Louis, San Francisco & Texas By. Co. (S,..) .. ................. 27
Charleton A Western Carolina By. Co. (S.) .........................S Lake Terminal N. B Co. (G. ) ... ...............................32 Saint Louis Sothweetern Lines....... .. .......................
Chesapeake & Ohio By. Co. (P.)...................................1 Lehigh Hudson River y. o. (................................12 Saint Louis Southwestern .) ...................... ....
Chesapeake & Ohio System .............. .................1. and 18 Lehigh New England B. R. Co. (0. (.) ............................. 13 Saint Louis Southwestern y. Co. of Texas (....... '- .... *
C h Icag Alton R. .. Go. (G.e.)................................ 24 Lehigh Valley R. Co. (G.L.) ....................................I1 Saint Louis Trafer By. On. (SW ,.+.... ", ...... ..... ...,
Chicago Aastern Illinois NBy. CO. (G.E.)..........................15 Long Island R. B. Co. (.E.) .....................................l San Antonio A aneas Pass ..y o. (8.W.) ........ ..... ,3.....0, .
Chicago naSri..a o. .() .........2.......... 12 Lou nelsa & Sa l Lake R. N. o. CO W. ........................... 26 San Antonio, Uvalde & Gulf R N. Co. (S. .... ...... ......
Chicago A orthW at rn fy. Co. ( N.W.) ..............................22 Louieiana A Arkansas By. Co. (5.W.) ............................... 2 Seaboard Air Line By. o.
Chicag & North Western System ....................................22 Louisiana By. & aviation Co. (5..) ................................ 28 Southern Ny. Ce. (B.) ..................,.......21....
Chico Burlington & uin y R. N.. Go. (CW.) ........................24 Louisiana By. & Navigation Co. of Texas ......................28 Southern Railway System ...... ...,...,.... .. ,, R2
Chago, Detroit A Canada Grand Trunk Junction B, R. Co. (C.L.) ...... 11 Louisiana Western R. B, Co. (S.W.5 ...... .......... 31 Southern pacific Go. (0.N.) .......,.........,,... -... 2
Chicag Great Western B. R. Co. (5..) ............. ............... 2 Louisvile A Nashville N. R. Co. (S. .............................19 Southern Pacific Lines ..................................
Chica, Indianapolis & Louisvile By. Co. (G.E.) ................... 15 Louisville, Benderon & Saint Louis fy. Go. (S.) .................... 19 Spokane Intenational. y. Co. (NW........................... 2
Chica, Milwankee A Saint Pal By. Co. N. N .. '2 & Potln & Sat Ro, On: ...................... ... ......... ....... 2
Chicago. Peoria A Saint Louis R. N. GO. (CW ........ ; ..............2 Mi et N. N. So E. ..... .. .

++en t,0i st o_.a.c;{ .)...... .... 25 Maine, Cnl- R-.z~ R o . .............. ..................... ... 10Sae Iln apdTaa
ChicagO River & Indiana N.. 1. 00. ) .............................33 Michigan Central R. N. Co. (G.L.) ................................. 13
Chicago. Rock led & Glf By. Co. (C..)........................... .5 Midland Valley R. ., Co. (8W.) .................................... 28 Sannesee Central By, 00. (S.) .... ............ ......Go.. 21
Rock Island & Pacific By. Go. (..) ............... ......... inneapolis A Saint Louis .. N. Co. (.V.) ..........................23 Terminal N..B Ass of S .t a ......
Chicago, Saint Paul, Minneapolis A Omaha By. Co. (N.W.) .............. 2F Minneapolis, Saint Paul A Sault Saints Maorie By. GO. (N.W.) .........22 Texarkana A Fort Sih By o,..2
Cincinnati, Indianapolis Western Nt. R, Co. (GE.) ..... .... ..... 16 Mississippi Central N.. R, C. (S20 Texa A New Oleans R. C (.) .. ..... ..... 31
C ,ea Orleans & Texs Pacifi. By. Go. (S.) ................21 Missouri A North Arkansas By. Co.. W..) .......................... ..29 TexasA pacific By. Co. S.W. ....



C i n in a t N r h n R .. . . . . . . I ... . . . . . . . . .
NtO. (C.L.) ................................16 Misouri-Ansas-Texas Lines .......... ............................29 T.oledo, eoria ........ ..... 26.
Cleveland, Cincinnati, Chicago & Saint Louis BY. CO. (C. .) .......... 16 MisSguri1ana -exas N. Co. (.. ....................29 r y Sso Tal) .. . 31



T.;o ) ....... ................. 29 Trinity & rao.V l eyB., ( ..) ....... L+ . .. ................ ...... 3
Colorado A Southern By. Oo. (C .) .................................24 i. ouri-anas-Tex. R. R.. Go. of Tx ... ................. 29
Columbs A Greenville By. Co. (S.) .........._19 Missuri pacific R. R. C. (.W.) .......... 2 .... & ..... R.... .........2o er A..Delaware N .. +....,.. .4+
Missouri Pa .ifi System .................... ............... 30 nion Pacific N. N.0o. (O.W.) ... ...... ..., .......
A (. ................................ 1. e Ohio R. B. Co. (S.) ...............................21 union Pacific st e. ......... 2 a

<:~ a, Lakwna&Wstern Co. (..)............. .........2 Mnongahela Concty R Co. (C.E.,) ............... ........ 3UinR .C.(fPnslai) C&).............................,~~.~~
D r & alt Lake N. Ce ( W.) ..... ..........................2 2 M on tour Co. ( ................. ............ 13
Deri ackinac By,.C..L........................................Mrgan's Louisiana A Teas Rt. B. & Steamship Go ( .............. 31 Vicksburg Route ..~. ............ ....,,............. 21&"3
A & Toleo Shore 1 n R. Co. (0.1.) ..................I... Vk S e A P y G
Deri Termn ave L ilwue G y o. (O.. .. ......................~ 1Nahville, Chattanooga A ant Louis By. (S.) ....................... 19 Vigna yo P) .... ........... ..... ...1
D torln& A. R.nio C0 )................. ~ ~ N Neada Northern By. Co. (Ci ....................2
D T &.R.C.G.) ........ ...........o. 16 Ne Haven System .......................................... 10 nd 13 Wabash By. Co. (0.L.)
Duluth & Iro : ai+e a . Co.. .......................... ..... 23 sow Jersey & New Tor R. B. Co. (G.L. .S. ......................12 o. ( ) .........................e -r.A
...........23 SewOrleans & Sortea N.B2 l .... )... ....................21 West Ma ap. B..
DuuhSout h ore AAtlni oy .Co.(N.W...... _................22 Now Celeam eat Nrter RN. B................. ..20 laster P.Ofic
9(- York Central Lines.....................................13 and 16 Wh elig&Lake rCrny. Cc (C ..................1
Saa-Dant ous Cnneti SFB. Co. (CG.. ...,....,,.. ......, 32 N'w York Cenra R R. Ooui3.L ..................... ...14WciaVle YC.....................2
Ce ON. SeokYco ,B G, (.L.) .,........,.,.... 0
13rie System~~~~~ ~ ~ ~ ~ ~ ~ ~ (......)............I............................12 lwaYor, NA &is &iartfrd R Valley(.S.N....N.....Co....S..1
lveggville, Inidiaaolis Terre Baute By. Go. (C.g.) ............1




6
6 ~INTERSTATE COMMERCE COMISO
BUREAU 0F STATISTICS

SUMMARY NO. I-RECAPITULATION OF CAPITALIZATION AND fNOMEI ITEMS TAKNFO RLMNR EOT 1
CLASS I STEAM RAILWAYS (NOT INCLUDING SWITCHING AND) TERMINAL COMPANIES) FRTEYA NE
DECEMBER 31, 1924
(Does not include lessor companies)



Item United 8tates Now Englan Great Lkes


1 miles of road owned (single track) ..............................
2 average miles of road operated* ................................. 61
Common stock .................................................... $5 9 9 9 9 5 3 $ 3 9 4 9 9, 9 ,1|1 0 2 t l 6 6 & ,2
prtockr 1 ,74~3,069,531 611020 219,23'I,236 3.b-3 1
re e r d Ftook .................................................i
Total capital stock ................................... .592,9,014 22 5 1 394
6 Funded debt unmatured ........................................... 10,705217 53, 1667,85,9 1
7 other long-term debt ............................................ 07,097.84 27,947 33,3
8 Total long-term debt ................................. 1115 623-995 51,080,892 1,701,
9 Grand total capitalization .......................................18,708:611,02 8,43 3 2:918,659,164,6
10 Railway operating revenues ....................................... 5 908,1l1,074,23,76001,l2.357.031 60
11 Total muintencnoe expense....................................... 2, 128M 37
12 Railway operating expenses ....................................... 4, 49:312, 207:382 123
14 Railway tax accruals ......................................... 3 11:2506 0 58
lI' Railway operating income . ................. ...................... 561449 191,18 9 22 ,
15 Equipment and joint facility rent ......................... .4 7 4.
16 Not railway operating income ....................................
17 Other income .................................................... l7 47
1 Total income ............................................... 403,179
19 Rent for leased roads ............................................... ,l, 5 476628
20 Interest on funded debt .......................................... 498,5 9,150 2, 9
21 Interest on unfunded debt ........................................ 11,55
22 Total interest accrued ................................ 510, 11
23 Other deduction .............................................
2Total deductions ...................................... 321
2 Net Income ................................................... 621
26 Dividend appropriation of income and surplus .................... 310,2 1i0
2 Total appropriations of income .................................. 20 1g
29Income balance transferred to profit an os................... 34: 5.7 2,99 12250 321 9 2,1:7

Ratios of Items

Per cent of Grand Total Capitalization: (Item 9)
Oomn stock (3 to 9) ............................................... 2 34
Preferred stock ( to 9................70 75
Total capital stock 9)............................... ... 1 9
umaturd (6 to 9) ......................... 57- 3 5599
7 Other long-term debt (7to 92 3.2 1.1 .
Total long-term debt to 9.......................... 665
Fer cent of Rail.way Operating Revenues: (Item 10)
11 Total maintenance expenses 11 to 10)......................................34.3
12 Railway operating expenses (12 'to 10).............71 7'.6 N6 27
14 Railway tax acrua (13 to 10) .................. ................ 5.7 1435S Railway operating income (114 to 10) .. .......... 18.1 17.117973
15 Equipment and joint facility rents (1.5 t 0,:* :* :
For cent of Total Incom e: (item 16)
7 other income (17 to 18.. .......................................21.4 20335.
19 Rnt for leaned roads (1 to 1.8) ............................. i4296101016
20 nteresetonfunded debt (20 to 19)................................. 4.4 61,.63.3506o
21 Interest on unfunded det (21 to 1.8),......................... .1114020

25 etintre~tcra 125 to9 .......) .........................55R4tg 3




INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

SUMMARY NO. I-RECAPITULATION OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM P CLASS I STEAM RAILWAYS (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR DECEMBER 31, 1924
(Does not include lessor companies)

Southern District Western District
Item rocahontas Southern Toutheln Corhweteral
RRegion region Ditrict Region Reio R, i.. Wt

1 milea of road owned (single track) .............5,058-95 30,721.11 5,780.08 44,034.30
2 Average miles of road operated* ............. .........459.01 ;9,341.3 800.05 48,370.31
Cocon stock .................................. 247,656,125 $704,791,192 $952, 317 $756, 65,650 $1,24.45.090,714 444, 729,62
4 preferred tok.....................................6009,400 15,267,330 199,276,730 471,58,152 36e,417,79 185 :
r Total capital stock....................... .......5 840,055,522 1 151:724 07 1 2 8 631,
lJ6'9a 5" 251.1 1281 3 l,71%8,'503363047
Funded debt unmatured ............................ 417,9t 526 1,4663597 :1984 696 4,2, I ; $74, 20;: 72 42,10
Other long-term debt............................. .... 14,.. 007 1...,......3, 1 0 ,030 M1,0 1 3 0
I ~Total long-term debt ......................417,964,52414. 410:3 1 ,902,11 .2455 ,3,2,3 o,3,2 ,9,3:0 ,3,0,6
9 Grand total capitalization ....................... 729,6 :049 2.324,209,56 3,05i,39,505 3,066,11E75,62 3,7? 6 7 5 9.1,2,4
10 Rilwa opeatin reenue ..............36.569,035 787,9249,317 1,02 ,517, 352 69g,666,314 1,026,837,857 9 1,1 ,1,2,81
11 Total maintenance expensesa...................... ... 036,556 271,806,850 3624,543, 2 245,762 3551, Q6 13:112 15,70,8
12 Railway operating expenses ..................... 17, 758,707 5924,875,151 767,633, 55,651,29
SRailway tax accruals.............................. 14,05,97 4,982,900 59,068,797 50,5o,422 70724, 365 23,009
14i Railway operating income ............................49,5247,199 14 986 197,337,015 111,910,112 200,261,310 98W,90 41:4'2
15 Equipment and joint facility rents ............... 2,978, 55 d 53,753 d 2,366,268 1 8 d I.460.67 6 6
16 let railway operating income ..................... 5.,525,674 142,445,073 91UP970,747 10 56i:2 1I 1 |,624 2
17 Other income ..................................... 4,515,011 25,592,618 30,107,629 31,801,692 69,772,78 9, 19
15 Total income ........................... 57,O4O,685 165,037,691 225,078,376 133,362:,916 252 457,361 I 1 0
19 Rent for leased roads ............................ .5,911 e572:4,59 9,459,370 2,737,692 35,56.,282 / ,
20 Interest on funded debt .......................... 19,235,935 69,853,005 89,118,9L43 85,051,719 77,389,395 5 21
21 Interest on unfunded debt ........................ 304,103 877,526 1,151,929 1,190,786 1 ,951,691 1,790, 4
22 Total interest accrued ................. 19,540,038 70,760,834 90,300,572 96,262,504 79,'24,086 57,882, IA
2 Other, deductions .................................42,385 2,2240,512 2,665,597 667,001 2,638,932 721 |24
Ote Total deductions ....................... 20,5,3, 81,.,3,805 102,242,139 89,667,197 117,436,300 63,9 11 27,8,1
25 Net income ....................................... .36,166,351 663,886 122,650,237 43,695,719 137,137,061 28,199,737 0 21
2 Dividend appropriation of income and surplus 5,30,L693 39,531,733 4135,426 37,521, 6363 96,997,594 8 957 ,3 I 14
27 Total appropriations of income ................... 1,0,664 7,5,8 8 a,885,782 32,66,56 0 494,oo 28 06 1,500 ,516
25 Income balance transferred to profit and loss .... 35,145,657 78,615,765 113,761,455 11,033,159 12,193,061 25,21Z,731 98,

Ratios of Items

Per cent of Grano Total Capitalization: (Item 9)
,omon stock (3 to 9) ...........................33.9 30:3 31.2 24.6 3M9 23.0 30.4
'I preferred stock (4i to 9)........................... 8.8 5.5 6.5 15.24 9.9 9.8 11.8
2 Total capital stook (5 to 9) ........................42.7 36.1 37.7 40.0 48.5 4.
Funded debt unmatured (6 to 9) ................. 57.3 63.3 61.5 55.6 2463.
7 Other long-term debt (7 to ... 0.6 0.5 1.4 4.9 5 3o
8 Total long-term debt (9 to. 57.3 63.9 62-3 60.0 51.2 67.2 57-8
Per cent of Railway Operating Revenues: (Item 10)
11 Total mintenance expenses (11 to 10) .......... 39.3 34.5 35.6 33.6 34.2 35.2 34.2
12 Railway operating expenses (12 to 10) ......73.0 75.5 74.9 76.7 73.6 7Z.3 74.
13 Railway tax accruals (13 to 10) ................ 5.7 58 2 6.9
Railway operating income (124 to 10) 20.9 15.519.3 19.5 20.0 18.
1 RqLipment and joint facility rents (15 to 10) .13..
16 Net railway operating income (16 to 10) ........ 22.2 18.1 1.4,0 1145 18.0 16.5 i6:6
Per cent of Total Income: (Item 18)
17 Othser Income (17 to 18) ............7915214.4 1309 2741-3219 Rent for leased roads (19 to 18) ...... : 5.1 39 .61 60.99.
20 Interest on funded debt (20 to 15) ....33.7 41.6 39663.8 30: 6.9421 Interest on unfunded debt (21 to 15) 0.5 0.. 05 0.5 0.9 0.8 .
.5. 4i646.9 422 Total interest accrued (22 to 18) .324.2...;.1 2.912 47 32
.Othr deductions (23 to 15.0.5 1.3 1.2 0.5 1.0 .80
2 Total deductions (21 to 15 .......................... ...5 67.2 46.1 69. 6
25 .et Income (25 to 13). 32,8 53.9 30.6
Par cent of Vet Inooe: (Item 25).......
27 Total apprpriationu of income (27 to 25) ...... 2.9 9.1 7.2 74.5 54.6 10.6 52-9
e ncome balance transferred to profit
and loss (25 to 25) ......................... 97.1 90.9 92.5 25.2 45.4 89.4 47.1

including trackage rights.
d Deficit or other reverse item.







INTERSTATECOMREOMM N
3B1JREAU OF STATISTICS
SUMMARY NO4. 2- flAPTULATION OF CAPITALIZATION ANDICM TM AE RMPEIIAYRPRSO CLASS I SWITCHING AND TERMINAL CMANE FO THE YEAR NE EEBE 1 94 (Does not include lessor companies)

E~astr itr tern District
Item United States GetLks CntraToa Notwsen Ctrl-Suh sen Ttl
Region Lastern Easer ReinietenWttr
I Mlles of first main track owe ........323.69 82:147 101. ~ 183.86312
2 Miles of first main track oprtd........ 35.92 16 6168.u 332.10 7196 4413
Common stock .................... 37,893,900 10,500,000 417.040.00 75000 00 *500.00 0, 000q 8,5,0 $1. 3,0
Preferred stock~ .................. .
Ttlcapital stock ........... 3 90 10,500000 17,0)40,000 27, 14000 566,000 16600 6ii90 1 5.0
Funeddet nmtue. ............... 10114120 8,694.500 42,859,000 516, 50 -1,0 :6:o 00180 5:9,
7 Other lo -term debt ................................ 72' 59 Z17. 1-6Z-3 711 87,57 .
9 Grad to al api talzto ...t ............. ......~ 152: R 'T
11 Total manenneexpenses ............ 1is 93'2 7.972, 49,3 615101 9 ,9
12 Rai~lway operaing expense. .........sZ7907 1,4 1 1,7 9: 5910 2 1.6,9
14 qRilwpayta accrual ..it.... ...............121 796 2lr 2 ,2 7,0 1216 ,6,4
Riwyoperating income ............. 10, 09:99 2.0, 13 3,7,6 .16 9 2911,1 1,6*9I
12 qupmntand~ jon acliy rens ......... 26795 :1: -a,2
1e Net railway operating income ........... 12,772,95 =,4 0276 4,3.5 ,7,2 0 J54083 29016 .o~
Total income ........ ...... 14,s as 6 59O 04 '',4.94,2 J7733,9
is ke 1nm 3635 241 :51 3 :4
19 Rent for leased roads ........... 536, V2 31,870 2,51 :301 2 6.17 2,0 0' ~ 1 1 ,2,1
20 interest on funded debt ........... '1650.I82 5559 19921 A .2 9 8 3,1 7:5 ,6.
21 Interest on unfunded debt ...............................4,176 5 075~ 15,251 2 1 3 28 7 81,5 .
22 Total interest accrued .................... 4, 658 526 1 6 1. 9,6520 2,1485 M 60, 233.22 1z,6:J
24 other deductions ...................................., 184 1 32926 7 ,216 771142 79452816 28
2 ~Total deductionse..........................11,4 ,46o 5 902 5,220,037 5,1: 9 2284524.6 ,6 2
25 Ntincmen.......................................... 3 3 ,69,0 ,34 5 1047822231,8a
26 iviendappropriation.of income and surplus .5020006720 $7,0 00011303
27 Total appropriations of income ......................1038, 461 ..512,091 512, 090,000 1039 2 7
28 Income balance transferred to profit and loss .... 2,359,368 1,015 ,1452 176,912 1,222:36 1,02i1,763 124,305 1 A1.2N .):0

Ratios or Items

per cent of Grand Total Capitalization. (Item 9)1. 172. 3. 092. 5
prferedstok(4 to 9). ......................
Toftalcaitalstock (5to 9) ............2: 17i: 173. 01i '

a Total long-tr debt 18 o 9 75.1 58.3 72.4 69-3 *,1iqi O42
per cent of Railway Operating Revenues: (it'em-10)
11 Total maintenanceepenses 11 to 10 ...... 29.5 29. 29.9 19)1246073062
12 Railway oerain exqpenss k12 to 10). .... 71.9 78.Z 81.5 9056:jR 67477.
14 Railway taxz accruals (13 to 10) ...... Z: .951 Z06..4019.
1.5 Equi~pment an oint facility' cents (15 to 10)- .2 .7 18.91509 27
16 Not railway operating income (16 to 10) .... 20.0 *i.9 17.7 i4:14462372.113
Per cent of Tot~al income: (Item 19)
17 Othr incoe (17 to 11)..............................14.2 12.0 1.9.9 is>.a 3.2 74 691.
19Rent for l4 road 31a t.08)........................3.1 ?30.4
20 Intereton fned debt 500 52o 2891..6. 1
31.3 32.1 33.2 32.9 1..8
22 TtalIteres accrue(22 to 1).............1j:2i: 18;60i:7i:
24 Ttlddcin 2 oli..77.2 36.1 88.3 070 1 -39-7725 Ne icme(2 t 9)...... .....* 23.9 63.9 11.7 23.0324Z 710 27

Inoeblnetaserdto profit 0 ..7.29517
ad183(8to 25 .............. 1 69.4 100.0 125-.7 170.5 1 95.3 1559 6.

Th Ne Enln, Poaona ap4. Southern Regions, and the southe*r District, do not Include





590 INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASS I STEAM RAILWAYS (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDEl DECEMBER 81, 1924 (Does not include lessor companies)


New England .Region
Canadian Natl. Rya. Sys.l/ Canadian New Haven to
Item Bangor & Boston A a Pacific Se.21 Maine ew w Yr
Aroostook & Maine & S.in Centa anw anHavenetr] lw
R. R. Co. R. R. Lawrence Vermont Paific R. R. Co. England & Hartford
R_____ R. CO Ily. Co. Lines in. Ry Co .R.C.

1 yiies of road owned (single track) ............... 624.80 1,705.04 166.78 241,89 173.86 645.47 137.93 2484
2 Average miles of road operated'................... 616.20 2,271.29 167.77 408.85 233.73 1,207.65 294.71 1 -97
3 Common stock .................................... $ 3860,000 $ 39,505 391 $5,484,000 3,000,000 $2.238.550 S12,007,100 4 .500 4157,117,
preferred stock .................................. 3480,000 41, 67,700 ... 3,000,000 3:73 10.
5 Total capital stock ................... 7,340,000 81, 73,V91 5,484,o00 3,000,000 2,239,550 15,007,100 32,600 157,117,
6 funded debt unmatured ............................ 21,836,000 132,66,679 15,656700 2,890,000 25.85,500 4 14,000 305M9,
7 Total long-term debt .................... .. 1,469,111 1,717,827 1 ,250,324 3,Z65,935 .25.5,
8 Total long-term debt ..21..0.................. 000 1346,135790 1,717,827 31,887:024 6, 5535 25,834500 14,014 000 30794.
9 Grand total capitalization ....................... 29,76,000 215,608,681 7,201,827 34,87, 024 8,694,<5 40,841,600 22, 0 46592,16
10 Railway operating revenues ......................... 692411 78,697,297 2,436,422 8,135,049 2,608,937 20,178,337 8. 112 13,698
11 Total maintenance expenses ....................... 2,803,424 26,365,517 1,391,108 Z-800,578 1,170,473 7,190,687 2 43 3
12, Railway operating expenses ........................ 5,o99,o4o 63,912,556 2,779,493 6,988,764 2,449,789 16.528,552 5:7 99 9
14 Railway tax accruals .................... ........ 518,587 3,040,802 239,149 226,206 133,383 1,216, 87 2 do 7
14 Railway operating income ......................... 1.. 05.. 1 3Q 11.731,991 d 86,111 14 125.7R,4 2,428, 2948 28 9 ,4
15 Equipment and joint facility rents ............... 46007 4 279:969 a I7 D i M d 1 120 4 1 d 5
16 Net railway operating income ................ .... 1,739,137 8, /2, 4 1 7 .,
17 Other income ......................................6.. 66,492 1- 6 2 25
18 Total income ........................... 1,80,529 9,438,514 498,153 585,801 152,825 2,54s,937 1804, a 2 1
19 Rent for leased roads ................................ 9252... 216971 912,896 49155 14
20 Intereet on funded debt .......................... 1,045,175 6,628, 1,092,846 .500 1,193,442 569,025 15.5 .0
21 Interest on unfunded debt .........................11,346 19,328 206,280 8,154 46 233 17,382 1
22 Total interest accrued ................. 1,056.521 6,647,819 206,280 1,101,000 144,500 1,229,675 595,07 15 ,
23 Other deductions ................................. 25,258 92,435 67 164,946 17, 8,77) 1,491,9
2 Total deductions ....................... 1,081,779 7,665,777 206,347 1,482,863 147,620 2,159,515 976,63 23,152.593
25 Net income ....................................... 722,750 1,772,737 291,806 4 897.062 5,205 389,022 828,239 2,998:650
26 Dividend appropriation of income and surplus ..... 465,550 269,273 ... ... 337.500 240,117 ...
27 Total appropriations of income 83............. 6,760 289,273 .. 337,500
ps Income balance transferred to profit and loss .... 722,750 908,977 2,533 d 897,062 5,205 51,522 i28.239 2,98,650

Ratios of Items

Per cent of Grand Total Capitalization: (Item 9)
3 common stock (3 to 9) ......................... 13.3 18-3 76.1 8.6 25.7 29.4 21
4 Preferred stock (4 to 9) ....................... 11.9 19.5 3173 16.6 ...
Total capital stock (5 to 9) ................... 25.2 37.8 76.1 8.6 25 :7 37.9 38
funded aebt unmatured (6 to 9) ................. 74.8 61.5 ... 44.8 43. 62.1
7 Other long-term debt (7 to 9..................... 0.7 23.9 46.6 1.1 ... 0.5
8 Total long-term debt (8 to 9) 74.8 62.2 23.9 91.4 74.3 6). 62. 66.2
Per cent of Railway Operating Revenues: (Item 10)
11 Total maintenance expenses (11 to 10 40 3.4.4 44.9 35.6 36.1 34.2
12 Railway operating expenses (12 to 10) 73.6 81.2 114.1 859 93-9 81.9 70.8 76.6
1 Railway tax accruals (13 to 10) ........ 7539 9.8 2.8 5.1 6.0 3.7
14 14.9 2. 51 37
14 Railway operating income (14 to 10) .... 1. 14.9 ... 11.3 1.0 12.0 255 19.6
15 Equipment and joint facility rents (15 to 10) 6.3 ...
l6 Net railway operating income (16 to 10) ........25.2 11.4 6.7 ... 11.4 21 1.
Per cent of Total Income: (Item 18)
17 other income (17 to 18) ........................ 3.6 4.9 354.4 6.3 179.1 9*5
19 Rent for leased roads (19 to 18) ............... 9.8 ... 97. 2.0 3. 2.
20 Interest on funded debt (20 to 18) .......... 70.2 186 94.6 64 315 59.
21 Intereat on unfunded debt (21 to 18 ...... 0.7 0.2 41.4 1. 18 0. 0.
22 Total interest accrued (22 to 18) ............ 6 704 41.4 187.. 32 60.
23 Other deductions 2 to 1 7... ..1.4 1.0 29.2 -0.7 o*5
24 Toa n 24 1 .................... 60.0 1.2 41.4 216.6 84.7 41
25 Net income (25 to 18) 18.8 58.6. 85
Per cent of Net Income: (Item 25)
27 Total appropriations of income (27 to 25) .--.- ... 48.7 99.1 ... ... 86.8 ...
28 Income balance transferred to profit
an4 lose (28 to 25) .......................... 100.0 51.3 0.9 ... 100.0 13.2 1100.0 100.0

1/ Se also Great Lakes and Northwestern Regions for this system.
also Northwetern Region for this system.
-e also Great Laker Region for this system.
I n>1uding trackage rights.
& -Deficit or other reverse item.




INTERSTATE COMMERCE CUMMIION 2590
BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASS I SE M A
(NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDED DECEMBER 81, 1924 (Does not include lessor companies)


New England Region Great Lakes Reston

Ne7 orkBufflo, Canadn Nttonal Hallwav Sysrtem 11
Ne yr Rutland Ann Arbor Rochestit Detron-Item opn ecting 11. R. Co. R R. Co. Pittmburgh adat C~n- rnda~ rn rn
j~~~*R R. Co. Ry. Go..un umt


1 Miles of road owned (single track) ............... 8.97 395.56 295.19 369.71 59,55 189.32 316 ag
2 Average miles of road operated* .................. 20.50 413.01 293.86 591.55 70.7 189.83 3 94.62
Common tok............................... 3,000,000 188, 00 $3,250,000 410,500,000 $1,095,000 $1,500,000 $6,004,,002,600
Preferred stock ........... .5 00 4000,000 6000,000 ...
5 Total capital stock ...................... .000,000 9,14 .300 7,250,000 16,500,000 1,09,000 ,0.
6 Funded debt unmatured ........................... 24O00,000 10,879, D 10,053,575 36,812,600 *5,20000 32 1 73174400
7 Other long-term debt ............................. 2,366,000 ... 7 1,73,288 2,7359 1 ...
a Total long-term debt ................... 26,366,000 10,879,400 10,053.575 36,820,47 1,730,28 7,T 5 4
9 Grand total capitalization ....................... 29,366,000 20,023.700 17,303,575 53,320,047 2, 82 288 5
10 Railway operating revenues ....................... 3,091,646 6, 09,063 5, 532186 1Z ,951,953 2,926,23 64 1
11 Total maintenance expenses ....................... 337,294 2, 7,096 1,72oo90 ,97,038 7 170 1, .6e27
12 Railway operating expenses ....................... 904,l01 5,476,007 4,290 79 13: 51122 1,571, 4.993o63 14
13 Railway tax accruals ............................. 411,044 297,307 29, 01 1 07000 145, 5431 1
14 Railway operating income ......................... 1,7 591 73,324 951.309 2,0 799 1,209,8 1, 3 2 6
15 Equipment and joint facility rents ............... d 8954 6,24 d 608 d 1 4 1,
1 Net railway operating income ..................... ..... 799,608 2, R40 7
17 Other income ...................................... 4. 79,097 897 124 139 1, 5
17 Total income ........................... .1,228324 78695 757,93 2,765, 909,900 2,
19 Rent for leased roads ............................ 19,000 ... 3 46 ... -,
20 Interest on funded debt .......................... 1,222, 6o 447#,175 380,199 130h7,i,.
E1 Interest on unfunded debt ........................ 13 38 33609 37,032 100,3
Total interest accrued ................. 1,22)3,97 447,213 413,838 1,427030 100,4 43 1 79 6 3
23 other deductions ................................. 57:57 5,18 7,228 581,801 86,2 1
Total deductions ............. 1,2815 471 ,3 a1,o66 2,1 82,6Z44
25 Net income ................. ............- 759 407.309 336,857 621,84 27.256 9.872 6188
26 Dividend appropriation of income and surplus .... ... ... 780,000 43,800 ... ...
27 Total appropriations of Income ................... .. ....4,800 ..
28 Income balance transferred to profit and lose .... 759 407,309 336,857 621,884 4 16 .44 9,872 69,18 5.8

Ratios of Items

per cent of Grand Tctal Capitalization: (Item 9)
Common stock (3 to 9) ... 10.2 0.9 18.8 19-7 38.8 16.2 11.0 36.7
4 preferred stock (4 to 9) ..... ....... ........... ... 44.1 23.1 11.3 ....
5 Total capital stock (5 to 9) ........... 10.2 4. 41.9 31.0 38.8 16.2 11.0 ]g.7
Funded debt unmatured (6 to 9) ......... 81.7 5 .4 58-1 19.0 56.2 60 6).
7 Other long-term debt (7 to 9 ...1 ......61...2 27.6 28.7
8 Total long-term debt (8 to 9 ............ 8q.$ .544 51 69.0 61.2 3 89*0 831.3
Per cent of Railway Operating Revenues: (Item 10)
11 Total maintenance expenses (11 to 10 10.9 38.2 31.1 40.1 16.2 25.6 36.9 38-9
12 Railway operating expenses (12 to 10 29.2 84.1 77.6 84 53-7 77-5 $1-9 91*2
1 Railway tax accruals (13 to 10) .......... 15.2 4.6 5.2 2.6 5.0 1.0 5.1 3.0
14 Railway operating income (14 to 10) ........... 55-5 11.3 17.2 13-2 41*3 21.4 13.o 1.5
15 Equipment and joint facility rents (15 to 10).. 1.0 ..3.4 1*0
1 Net railway operating income (16 to 10) ........ 41.6 12.3 13.4 16.6 30.6 i.5 2.4 16.5
Per cent of Total income: (item 18)
17 Other income (3.7 to 18) ......................... ... 9.0 2.0 4.5 1.5 53.6 80-5 43.8
19 Rent for leased roads (19 to 18) ................. ... 2.1 ... 13.5 6.6 o*3 14.0
20 Interect on funded debt (20 to 18) ............. 95350.9 50.2 61.1.. 77.9 89.9 26.2
21 Interest on unfunded debt (21 to 18) .......... 0.1 ... 4.4 1.3 11.1 0.1 0.2 1.3
22 Total interest accrued (22 to 18) .............. 9z.4 50. 54.6 62.4 11.1 78.0 90.1 27*
23 Other deductions (23 to 18) ..........-5 0.6 1.0 1.6 85-9 13.81 6.4 11.
2 Total deductions (24 to 18) 99.9 5.6 55.6 77.5 97.0 98.4 96.8 1.
25 Net Income (25 to 18) .......................... 0.1 6. 4 22.5 3.0 16 32 P0
Per cent of Net Income: (Item 25)
27 Total appropriations of income (27 to 25) ...... ... ... ... ... 160.7 ... ..*
28 Incme balance transferred to profit
and lose (28 to 25) -.......................... 100.o 100.0 loo.0 loo.o0. 100.0 100.0 935


*e also Sew Ln land tno Northwestern Regior for this system.
-Ireluding trackago rights.
d -Deficit or other reverse Item.




12INESAECMEC MWNO
2590

STATEMENT OF CAFITALIZATION AND INOE0TM TAEFRMPLINRYEOT$FCASI nx&LWS





Delaware, Detroit aEreSsm
Item Lackwannlfa Detroit Leig
& Western Macklinac share Line rie R. R. re&NwY k Suqhan RirRy R R. Co. 17.00. R. CO.R. R. go. r Weser

1 miles of road owned (single track) ...... 235.11 377.77 417.419 2419.57 WI45.94 616-846
2 Average miles of road operated* .......... 82.93 375.412 617 6-62057 :2159 66
...t...c... p,441,100 *2,000,000 611go 00 112,81? 12o16,77,0
prfre tck ................... ............9000..6,o o77$0 1 94
5 Total plotal stock ......... 68 ,4i o 2,5,0 1,412 000 100,00 0 7.9,0 ,2,0 5 0 .~'o
unded debt unmatured ............. 97,600 ,7900 3.36740 .3,9000 >217,76,29 1.0590 1,4 .
7 other long-term debt ............... 213, 634 ..8 65
8Total long-term debt .........5.. 24 ,5,00 36 40 ~ 0 240000 217,761,29 1,108:1 261,6 .
10 Railway oDerating revenues ............ 96,727,1841 1., 50 3,40167 140462 i5o224 15824 4,W 1 rn oa aiaiain ........... 47233 ,0,0 :9:0 2 0 941751 33720 3, :'0
11 otal maintenance exapenses ............ 26 :445,31 90 9374R ,25 01999.64415 17799

Raiwayopratng ncme .................. 15:529,663 196:567 1 ', V9 14, 9,52 14,,23,1 3.9, 7-.4
15 equipment and joint facility rents ....... 597,299 7,206 Qd Q 4 4a9318262 d 5L8 d 50 5 d 9.,3 17 o railway operating income ............ 15 925,962 274 73'1. lOi 591, 5 2jb 4,b
other income ..................... 5:146: ? 11 0,.1,3b5Q534 .8 3,4
19 Rent for leased rod 6,315 905 8;.58 24795 00 .
10 Totre t l funed ebt.......................... 21 9,45 110,0194,3 24 0450) 19 3,7
20 Interest on ufnded debt ............ 4Z,7 3:7660 4143U 2093 107,b 1 5, 0
22 Total interest accrued .... ...23 13,766 14, 4 62 52 1,2735,96100262
81 Other ddtong 9fne 5.ebt le 5F 91 326Bg1623
2 tbe N e c to s.r i......................... ... 14 99700''5,29 2 .9796 :M d 2 33 L 007W
2 Di ded a opI tin fIncome and surplus .. 1 2,74.. .
~7 Total appropriations of income ... .......:2314::57 1 6
Income balance transferred to profit and lose .... 1 23504551. i,097 :36 14 1 d 5233 L ,248 17

Ration. of Items

For cent of Grand Total Capitalization: (Item 9)98 .1

Pr f r e t c 4 to .. . . .. . .1 .61 .2 .


7 Oth elnt er det 7r i t ?i................ 0. 58. 2- .~...
Percet fRailway Oeaing Reenes (16e to10) )
1 PRila toa x f c1rualse (3 tem 1) ............03 9.0 8.13. :

1 talwyt peatin ne 4 tol10) ....... 0.27 10.2 354 0.11.41;292
li Aqimetan jit ailt rnt 15t 1)9.7041 1.8 ,..4

I No ral wa oprtn noe(6t 0 .~...... :21 .2931
17 Oth r7 n m (1 o1)............. 241.4 055. 25.6 .0 33.8 ... 2..




INTERSTATECOMRECM IN 3
BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROMPRLMNYREOTOFCASITAMALWS (NOT INCOLUDING SWITCHING AND TERMINAL COMPANIES) FOR THEYAUNDDDCMER3,12 (Does not include lessor companies)

Greet Lakes Region
Lehigh & Lehigh New~ Yok etrlLie
Item Moog- Mntuew4 Mchgn lwYrk Ptsug
England Valley heaR.o R.R Co OnaiA Cntlcnrl
R. R. 00 R. R. Co. A Lake Erie o Otri
Western R. R. Go. R~.R.C. .go

1 Milep of road owned (single track) ....................176.25 -2712 80.56 514.51301146
Average mile of road operated* ......................219.45 1,37414.2 l67 74 619,52 5_ 3
Common etc............................* 80o,o0 60,501.700 51060 00 05.100,000 0556,1 ,983 $18, 40 3086.5 5,560
preferred at k. 106,0 ...00,.
Ttlcapital stock ......"..... 6,8006,000 60,608'00 5,000,000 5 0000 5.1793 I: 0 4:lo6'198, 0
Funded debt unmaturd..................7,090,000 789,075:,00 6,432.900 1:7,0 2902,00 77 237. :6,1
Other long-term debt............................. .. 4,i0,. i65
Total long-term debt .......... 7,090,000 78,075 ,000 10,832.900 1,875,000 29,025,o001 3 1762u
10 Riwyoeaigrvne ........... 5,13 97 76,374,805 :69,9 6 1 ,009 J: 13 9,61,6 6, 6,3 1 11
11 Total maintenance expenses;.........................2,152:345 27,0 $,81 1,J46-555 lo,87 46:2 76562 iz,6 4)2,0
12 Railway operating expenses ..........................1411. ?71160,937,968279,97l9,1l32,825,590,048
1 Railway tax accruals................................20o4,842 3 2011 '22 14,500 87.654 72 49 5 :LO1
Railway operating income...............,069546 12 189,751 1,6341,186 1,7,7 197D91
15 Equipment and joint facility *rents*.*.. *......... ..2,004*96* &67 1409,915 414: 7J141 .
15 Net railway operating income ........................111391,5396 12g25550.7 5,:146
17Ohricm.....................62,036 4:1Z5957 1,8 21,253 3 ,9 1,?3 :8 09
18 Total income ................................,2034,08 1 ,619,5 980,a 0 I719s Is2,0226 0,2,jSas a 92
19 Rent for leased roads.............................. ... 30, 77: 924, 4 274721,2:281 79
20 Interest on funded debt............................ 317,30 3:0,9 27,25j,982 1,16505 351253o~~i4,7
21 Interest on unfunded debt ..............................195 107,330 10,01 is5941660& 5 4,2
92 Total interest accrued ....................319,257 3,910,025 53Z,24 94, COO 1,170,959 3,541144 499 Z,
21Other deductions....................................9',8'4 ., 2,228.305 1
25 ~* Ne inom................... .............598 4t5,3 024,~ 7,29 42'i :I,160
5,2 1,086 6 71:6 30 0a : :18 3,5
26 Dividend appropriation of income and surplus 1,02,00 ,45 7Z2 49 ..5 195T7 0 2,5865 319:58
27 Total appropriations of Income .......................9,697 ..55,7814 ...oo 5.1.. ,174 2, 20 358,6
28 Income balance transferred to profit and lose 650,283 7,352,038 309,27k 146,675 627,149 9,~68o5I4 1 9.1 25 .9

Ratios of Items

per cent of Grand Total Capitaliati>on, (Item 9)
Comm on stock (3 to.............................. 49.o 43.6 31.6 73.1 66.7 19.14 26.2 79.0
P eer d sok (ht ) .. .. . ..: *:. .0.1..
Ttlcptlsok(5 to 9) ..........49o4 7 6i:9:7i 4i2 79.0
Funded debt matured (6 t 51.0 5.3: 93- 67146 21.0
7 Other long-term dabt (7 to 9}.........
9 Total. long-term debt (8 to 9) 51.0942693-3i:6i:
Fer cant of Railway prtn eeus(tr 1)5. -~a: 33 ~ .
11 Total mintenance expnses (11 to 10 39g35.14 0.2152 32.63154o5
14Rila tax acruals (3L to 0e.....O.6U 5 .4636
I ala prtn noe(134 to lo) 69. 16.0 35.0 91--2. 791
15 Equipet and joint facility rdnts (15 ,tV"O*13 0)s i..1
16 Net Railway operating income (16 to 10) .....21.1 i4:, 16:5 3- 23i: i52Per ce t Ttal Income: (Item 18)
1; ohicm 17 t 18. ............. 2220371Ren o~r lnoesed rods .................. 11. N.:1:
15tol7 76.7 1.14. 11
21 Intrt ton ununded debt (21l to 18) .....0.2 0.7 1.0 .3 0:3
2Total interest~ acrud(22 to 16) .... ... 26.5 26. 5lQ00 1645191i63
24 other deductions (23to 18............. 1 71Z o.14 2.01.0.125I:
2 oalddutos 2 t 842. 49.8 67.1 8.6 90312 lit 4inc o to 1 .................... .... ..128.60> 37-1 1i6 310:7
Per ceto NtIcme Ie 25.31
2 Toa aprpitoso inoe(27 to P ... Q.. 41- ..2-55715.




d Desficit orohr revere item.






BUREAU OF STATICS

sTATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM IMINARY
(NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR E (Does not include lessor cwnlpanies)

Great Lakes Rion

New York, Pittsburgh Pittsburg,
tem Chica & Paouttere Pittsur & o eWest &
saintRy. Co. R. R. Co.N .
R. R. 0o.Ry o. R o R. Co,.

I lileo of road owned (single track) ................ 1,672.96 1,799.11 102.96 89.01 161.09 128.-8
2 Average miles of road operate, 195.30 2 265..2 102.96 92,4 01 6
Common stock .......................................46,103,750 45,6 $15,000,000 $31,590,000 415,000,000 61,900,
Preferred ok ............ ........... 32,625,150 23,629,00o
Totl et ebtal s k ........................78,725,90 69 691 000 00 0 31,550,000 15,0,001
Ft unmatured ............................... 8112,934,000 000 305,000 3 03
7 other long-term debt... ............................. .5 .00 ... ,320,000 1,1,3.000
9 Total long-term debt.......................113,355,000 53.39,co0 ,643,000 9,985 000 1,813,0000
9 Grand total capitalization ............................192:116%0 182,069,000 61115.000 16,513,000 9
10 Railway operating revenues ...........................53 992 635 41-797 1,161 4,164 101
11 Total maintenance expene e ...........................17,111 13,775,160 613.091 1,526,352 561,020
I Railway operating expense ...........................40,276,956 30,962,930 1,092,171 2,90,327 1,556 52
Ralway tax accrual ................................. 0 2,026,020 ,20 9,22.1414 1.
1 Railway operating ons .............................10,959,716 8,799,161 3, 7877
15 Equipment and joint facility rents.................. .. 72j?8o331 157.694 91, 074
16 Net railway operating income ........................ .. b35 9 200,550 1,576, 0199,.2 15, 9
17 other income ........................................1, 6,99 551,171 176,506 532,92999 94 3:9
18 Total income............................. 11,06.515 7.,71,99 9 3776641 2,109,5999 1 21
19 Rent for leased roads.............................. ... .. ,690 1,15,3365 .251
20 Interet on funded debt ............................. ,669,257 2,686,296 4.7,596 54,710 5,025 11.03 3
2.1 Interest on uznfunided debt ...............................69,89 25,57 70,33 287 663,211 1,621.5
22 Total interest accrued .......................4,939,15 a,671,5 558,22 541,937 671,23 1411,6326:5
2 Total deductions......................................,8469 569174 59,376 625 14
2 tho de ts..................................... 5 a 10 2,"0 2,3 d ... 11,125.....
26Dividend appropriation of Income and surplus .... 3 46.7 ,983,290 5 :6
27 T o e.ap ..prati.n.of.icome.................... 3 995..5426
2 In o flac transferred to profit and lose 2,092 435.022 1,0:63A102 1155,7,4

Ratio@ of Items

Per cent of Grand Total Capitalization, (Item 9)
.Common stock (3 to 9).. ............ ............... .24.3 60.9 76.3 59.2 3
Preferred stock (4 to 9) ..................... 1' 1.l ... 133
Total capital stock (5 to 9) "5...................... 41. 46-8 L6,9 +++ i .. 3. 0
ruddebt upaatured (GtQ 5..... ...57 39.195.. 123.
7 Other long-term debt (7to ~ ,0.3 39.1 83.7
a Total long-term debt (9 to 9) ...... ..... :: 59.0 39- 237 10. 91-2 30
Per cent of Railaw operating Revenues: (Item 10)....
11 Total maintmnan expenses (11 to 10) 31. 30 58.8 6.6 57.1....
12 Railw.y operating expenses (12 to 10) ...71..69.7 103.2 .7
i+ Railway tax acr 1 Riwyoperating incomne~1 o1 0) 20.313:
18 equipment and Joint facility rents (15 to 10) 3. 19.5
Ne rilay operating income (16 to 10) .......7.1....7 2 23 39 ......
Per cent of Total Income: (item 15) 1.
17 Other income (17 to 18) ........................... 13-.2 7.5 46.s 253 .-19 Rent for leased road@ (19 to 15) ....... ...... 0.1 1.9 ... ...
interest on funded debt(20 to 15) .................. 31'. 1 8.6
21 Interet on unfunded debt (21 to 1-) ..4 31.
22 Total interest accrued (22 to 1) .................... ....... 3.. 17 9120
2 Ote ddutions (2 toI .00..9 0.216 .
o e .......................... 3

(27o n om o t 5) ......... 590 ... ... 261.
__ In om bal nc tr ns e re t ro i
an o s ( 8 t 5 . .. . . . . .4 100,0 73 ....... 00.... ...G ::: :

Inlu e data for Wes Si e B l R. R. Co.




INTERSTATE COMMERCE COMMIIN
BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLA STEAM RAlWAYS
(NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDED DECEMBER 31, 1924 (Does not include lessor companies)


Central Eastern Region
krBaltimore & Ohio System Chesapeake &
Akron Staten Besemer & Buffalo & hicago & Chicago,
ItemCantme&r,& 8usque- Oahior Sys.
Item Canton & Baltimore Island Lak Erie S uaque tern Indianapoli
Youngstown & Ohio Rapid R. hanna R. R, Hocking Illinois & Lout
Ry. Co. R. R. Co. Transit Corporation Valley Ry. Co. Ry. Co.
RY.Co. 21 'y. 0.
1 Miles of road owned (single track) ............... 171*34 4,985.75 23.54 214.86 218.22 32061 03 61 3
2 Average miles of road operated* .................. 171.34 5,292.89 23.54 228.03 253.54 3457 451 65263
Common stock ..................................... 1,500,000 $151,945,428 $1,550,000 $10,698,850 6 ),000,000 $10.999,500 $23, ,300 $10,5ic,000
SPreferred stock .................................. ... 58,863,181 ... 2,000,000 4,000,000 .
5 Total capital stock .................... 1,500,000 210,808,609 1,550,000 12,698,850 7,000,000 10,999,500 45914 1.500,000
6 Funded debt unmatured ............................ 1,672,000 574,004,137 5,511,000 17.955,000 4,933,600 29,800,000 42672,6 2859,100
7 Other long-term debt ............................. ... ... 845,316 2,000,000 31
8 Total long-term debt ................... .1,672,000 574,oo004,137 6,356 316 19,955,000 4,933,631 29,800,000 42 6 26,859100
9 Grand total capitalization ....................... 3,172,000 7 94,812,746 7,9 6,316 32,653,850 11,933,631 40,799,500 88 5 6 423,100
10 Railway operating revenues ....................... 2,8-24,646 224,318,795 2,766,010 14,506,820 1,914,201 17,443.399 26,0 9 170 000
11 Total maintenance expenses ....................... 655,453 75.297,867 1, 2,568 6,791,281 1,200,140 7,234,280 10 32113 5
12 Railway operating expenses ....................... 1,691,272 172,752,633 2,724,263 11387,044 1941,348 13,178503 4,
13 Railway tax accruals ............................. 134,400 9,548,086 178,802 882.016 71,089 1,219,610 1, 45,000 ,
1i Railway operating income............................ 96,999 41,915,003 14595 2237,459 d 987 3,044845 2.1551 3,6 0
15 Equipment and joint facility rents ............... d 5,248 079 6 5 0,991 ,: 7 3 d 68
16 Net railway operating income ..................... bI R 2 2, 6, 50 238,796 3, ~51 .080
17 other income ..................................... 45,43 5, 7,290 53555 1,4 9,158 265,215 656,817 38 .119 152,1
18 Total income ........................... 697,184 43, 71,61 4 272,695 4 ,237,608 504,011 4,174,897 1,853 378 2,30 781
19 Rent for leased roads ............................ 127,806 604, 453 ... 1,055,110 2 39,014 151, 3Z77
20 Interest on funded debt ......................... 92,804 24,950,36 251,749 929.27 200,546 1,423,366 2,23, 1.5 5
Toalinees .acre.....................0,.1+ 0,3,1725,1 1,410 200,5 ,
21 Interest on unfunded debt ........................ 47,507 10,l 74 107,10 7 336,591 4, 2,6
22 Total interest accrued ................. 140,311 25,84 200,554 1,759,957 2
24 Other deductions ............................. .... 17,717 1,676,061 20,847 d 53661 11,867 13,271 41 39 1,60
2 Total deduction ....................... 285,834 27,421,924 272,695 212,423 1,812,242 2,421,25 1305,
25 let income ....................................... 411,350 16,319,690 ... 2, 455 2 1,58 2,362,655 6 447 1004,74
26 Dividend appropriation of income and surplus ..... ... 9,51,865 ... 1,677,965 ,000 439,980 67017
27 Total appropriations of income ................... 97,869 6369,360 ... 81 63,074 3271 209104
28 Income balance transferred to profit and loss .... 313,481 9,950,330 ... I 228,514 2,330, 4 777551 1,00

Ratios of Items

Per cent of Grand Total Capitalization: (Item 9)
Common atock ( to 9) ..........................4 7.3 19.4 19.6 32.8 25.2 27.0 26.9 24.
Preferred stock (4 to 9) ... .....................7.5 ... 6.1 335 249 11-8
5 Total capital stock (5 to 9) .......... ......... 7.3 26.9 19.6 38.9 587 27.0 51. 36.6
6 Funded debt unmatured (6 to ) ...... .............. 2.7 73.1 69.7 55.0 :l.3 73.0 82 634
7 Other long-term debt (7 to .. ................ 10.7 6.1
8 Total long-term debt (8 to 9.................. 52.7 73.1 80.4 61.1 41-3 73.0 48.2 63.4
Per cent of Railway Operating Revenues (Item 10)
11 Total maintenance expenses (11 to 10) .......... 23.2 33.6 37.7 46.8 62.7 41.5 4o.o 31.5
12 Railway operating expenses (12 to 10) 59.9 77.0 98.5 78.5 101.4 75.6 86.1 73.2
13 Railway tax accruals (13 to 10) ................ 4.8 4. 6.5 6.1 3.7 7.0 5*5 5.5
14 Railway operating income (14 to 10) ........ 353 18.7 15.4 17.5 8.3 213
15 Equipment and joint facility rents (15 to 10) ... 3.7 1.6 2.7 *..
16 Net railway operating income (16 to 10) ........ 2.'1 170 19.1 12.5 20.2 5.6 127
Per cent of Total Income: (Item 18)
17 Other income (17 to 18)......................... 6.5 12.9 2141 34.7 52.6 15.7 20.8 6.6
19 Rent for leased roads (19 to 18) ............... 18. .4 .. 24.. 0.9 8.2 1.5
20 Intereot on funded debt (20o to 18) ............. 13.3 57.1 92.3 21.9 39.8 34.1 120.0 54.3
21 Interest on unfunded debt (21 to 18) ........... 6.8 0.4 0.1 2.5 .. .1 0.2 0.1
22 Total interest accrued (22 to 18) .............. 20.1 57.5 92.4 24:4 398 42.2 120.2 54.4
3 Other deductions (23 to 18 ............. .......... 2.6 3. 7.6 ..2.3 0.3 2.3 o.6
24 Total deductions (24 to 18 .................... 41.0 62.7 100.0 .7 42.1 44 130.7 6.5
25 Net income (25 to 18) .......................... 59.0 37.3 ... 63.3 57.9 56.6 ... 35
Per cent of Net Income: (Item 25)
2~7 Total appropriations of income (27 to 25) ...... 23. 39.0 ... 21.6 1.4 ......
28 Income balance transferred to profit
and lose (28 to 25) .......................... 76.2 61.0 105.1 78.4 98.6 ..0o.

1 Inoludes data for Northern Ohio Ry. Co.
Included data for Staten Island Ry. Co.
Includes data for Pittsburg, Bessemer & Lake Erie R. R. Co. and
Meadville, Conneaut Lake & Lineaville R. R. Co.
also Pocahontas Region for this system.
SIncluding trackage rights.
d- Deficit or other reverse item.





Z5 INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASS I STEAM RAILWAYS (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDED DECEMBER 81, 1924 (Does not include lessor companies)


Central Sastern Region
Cincinnati, Detroit, sgIn, ......nati
Item Indianapolis Toledo & Jolet & n nat Cincinnati Sanville, Baltore.
&Western Irontoni astern o n C a & Indianapolis Chesapeake Long Island
R. R. Go. R. R. Do. R7. Co. R.RSo aint Louis &ereat E &Alanh .R
Ry. qo. Ry. Co. R. 00.
Miles of road owned (single track) ............... 308.63 393.32 194.86 205.14 1,695.31 133.96 87, .2Z
2 Average miles of road operated* .................. .34702 470.30 459.79 24#.83 2,398.01 16.26 112. 3971
Common stock .....,...................... 000 g00:000 10,000,000 0,000,000 4 0 4,290,000 $1 00.04,
4Proferred stock ,................... :000 000 ... ; s00 *** 150 00 ...10,5
5 Total capital stock...................... 10,700,000 12,500,000 10,000,000 3, ,000 5 4,2,000 a0 0 3,
6 Funded debt unmatured ............................ 4,358,000 12,054,800 13,680,000 2, 000 15 1 0 1 5,03
7 Other long-term debt ............................. ... ... a2 1,9971
8Total long-term debt ................... 4,58,000 12, 54,800 13,680,000 2 4000 157 9 6 3, 71
9 Grand total capitalization ....................... 15,058,000 24,54,800 23,6807000 4 000 214, as : 95
10 Railway operating revenues ....................... 4,520,729 11. 8 21,521,787 ,932 87, 2,1 1, 71 1
11 Total maintenance expenses ....................... 1, 61,08o 3,830,Z3 6,922,293 1:409, 10 29.2,596 a
12 Railway operating expenses ....................... 3,780,199 7,622,618 15,287,842 3,165,833 66,7)4,728 1, Q4,
14 Railway tax acoruals ............................. 22,21 442,089 1.081,373 887,291 4 16,82
1 Railway operating income ......................... 511,800 3 30,15 5,136, 1, 73,353 16 :0914 0N
15 Lquipment and joint facility rents ............... d .D202 4 1. 5.39 d 1;8259 4. 1 6
16 Net railway operating income ...................... 3 OF. 351 7bl 3,311 421 91t1E9
17 other income .................................... a..22,186 84,337 324:089 6:218 1, 4191
18 Total income ........................... 330,995 2,6 97 3.655,51 o729194 15, 5. 7
19 Rant for leased roads ............................. .1,0 247,6 6 2,5,887 9 .. 1
20 Interest on funded debt .......................... 226254 0BS7000 106,768 7, ,13 2 0 45
21 Interest on unfunded debt ........................ 1,74 62427 1 1
22 Total interest accrued ................. 27,968 657468 72,04 109, 7.Z 9 3 75A 1
23 Other deductions .............................. 9.,522 12,991 2 7,121 52 .3 1058 1i
24 Total deductions ....................... 238,800 918,114 J.3E5 116,766 7 75 276,732 19635 3, 2,54
25 Net income ....................................... .98,195 1,720,94 269,78 85578 8,080,91 9327 71975
2 Dividend appropriation of income and surplus ..... ... .. 0,000 ,000 2,8 5]30 ... ... ...
27 Total appropriations of income ................... ... 1,694 d 268 240,000 2.8 ,578 ... 3 469
28 Income balance transferred to profit and loss .... 92.195 1.719,29o 53.8 615: 74 5.186.353 Ln3.dn $21. 1,976,114

Ratios of Items

Per cent of Grand Total capitalization: (Item 9)
3 Common stock (3 to 9 ......... 355 26.5 42.2 55.1 21.9 52.2 17.3 35.6
4 Preferred stock (4 to 9) ....................... 35-5 24. ... 4.7.0
Total capital stock (5 to 9) ................... 71.0 50.9 42.2 1 26.6 5.2 5.6
t Funded debt unmatured (6 to ) ................. 29.0 49.1 57.8 4.9 73.4 18.2 22.4 1.3
7 Other long-term debt 7 to 9 ....................... 9.6
8 Total long-term debt (8 to 9 .................. 29.0 49.1 $7.8 44.9 7).4 47.8 56.7 64
Per cent of Railway Operating Revenues:(Item 10)
11 Total maintenance expenses (11 to 10) ..... 4.5 31.9 32.2 2.2 311.2 34.4 31.6 28.9
12 Railway operating expenses (12 to 10) . 6 6). 7,Q ,. 76.1 74.4 98.6 76,1
1) Railway tax acoruals (13 to 10) ................ 5.0 3 5.1 6.0 5.6 2.7 32 .
1 Railway operating income (14 to 10) 11.3 32.8 23.9 28.5 18.3 22:9 *** 19.4
15 Zquipment and joint facility rents (15 to 10) ... 'p.
l6 Net railway operating income (16 to 10) ........6.8 21* 5.4 1.4 64 90 .
Per cent of Total Income: (Item 18)
17 Other income (17 to 18) 6.7 3.2 8.9 3.7 9.3 0.6 ... 12.4
19 Rent for leased roads (9lto I8) 0.4 9.4 80.2 ... 1.0 3
20 Interest on funded debt (20 to 18) ............. 68.3 22.5 19.3 11.0 44.6 121 52
21 Interest on unfunded debt (21 to 18) ........... 05 2.4 ... 0-3 0.1 27.1 2.4
22 Total interest accrued (22 to 18) .............. 68.8 84.9 19.3 11.3 44.7 150.2 ... 54.6
2) Other deductions (23 to 18).......... 2.9 o*5 ... 0*7 3*3 0.6 ..3.6
24 Total deductions (24 to 18)........... 72.1 34,8 92.6 12.0 49.0 150.8 61.9
25 Net income (25 to 18) .......................... 27.9 65. 2 7.4 as.0 510 ... ... 3.1
Per cent of Net Income: (Item 25
27 Total appropriation of income (27 to 25) ....... ... 0.1 ... 24.0 35*8
29 income balance transferred to profit and
loss (28 to 25) .............................. .10.o 99.9 199.6 72.o 64. 100.0

/ ee also Great Lakes Region for this system.
Inoding trackaee rights.
d -Deficit or other reverse item.




INTERSTATE CMEC OMSINN
BUREAU OF STATISTICS
STATEMENT OF OPITALIZATION AND INCOME ITEMS TAKEN (NOT INCLUDING SWITCHING AND TERMINAL COiMPANIES) FOR THE YA NE EEBR$,12
(Does riot include lessor comipanie)


Central Eastern Region
nyvaia S "tem-Cont'd.
Item pennyl- West JerseY
vania & Seashore Atlantic Central
City R.R. Co. Of
R. R Co. R R R C R. R. Co. R. a. Co. C

I Miles of road owned (single track)........ 3,032.17 338.68 169.65 391 30 .2 21 .94.a 2 4.6
2 Average miles of road operatedO .................. 10,508.00 36 1. 692.19
Common stock .................................. 499,173,400 $11,5 20 2620,00 $27,436,00 ,5 00 $2.000,000 00
*Ok90,10 1,000,000 ....6: 5 771O
Total capital stock ........... 499 1731400 11,616,650 3,620,100 27,436,800 1,500,000 2,0000 139. ,95 7171 5,6;
F unded debt unmatured ................ 619,621,224 5,463,005 .,500,000 62,993,500 1,922,100 1,500,000 126M 1 47353 579,0
7 there long-term debt ................................ 5,015 867 .. 3
8Total long-term debt ......................61g,621,224 5,1463,005 9,515,867 62, 93,500 1,22,100 1,500,000 126,37:6 48341 3.4,0
9 Grand total capitalization ....................... 1,118 794,624 17,139,655 13,135,967 90,130,300 3,422,100 3,500,000 266,3
10 Railway operating revenues ........................ .645299,176 12,932,368 .1 7,277 55,466 ,963 1,214,345 2,162,931 9,
11 Total maintenance expenses .........................232,90281 4,381,4712 1,6 522 15,878,192 178-533 366,525 33,09,6 2:8 :0:4
12 Railway operating expenses ......... ..... 517:1)50673 10,862 32 42:9 39,2,657 710,222,1,234,91,409 14 1
1 Railway tax accruals ..............................30,1457,970 903,063 270,829 513,237 63,636 197 4
1 iway operating income ......................... 97,177,56 1,161,773 177,005 11,253,589 4403:497 758
15Lqulipment and joint facility rents ................. .37 7 4 34.10 d 99.3 732 9:4 :7 9.4 0.0
16Net railway operating income ........... 67911 .2 5j0 V2J21 3315 Lb 1 s6:4 .6. 8
17Other income ......................................39,008,921 277,279 2:0 12 2 20 4:66 7 3, 0:3
19 ~ Total income .................. I...........117,808,834 1,099,129 d 124,293 12,299%373 412,1405 20 365 236651 37005 2.1,b
19 Ren$ for leased roads ............................ .389,126 d i. ...4 621. 5:130
20 Interest on funded debt .......................... 30,527,956 2, 217,05 3,068,938 96,105 5,000 5
21 Interest on unfunded debt ............................715, 88 10,253 11.,3 3 47,229 3 929,962:5
24 Other* deductons................................... 1,6 187 17,007 18,580 667,535 1,663 2:898 41,32 .4.0 24
2 To interast acud.......... ... ,2,84 2068 2838 3,116,169,1*
2Total deductions ............... 71 199. 7 211,394 246,978 6 lll,5 3 97,777 77,901 8,1,0 .2a 121,9
d 3 ze 57,7
25No ncme................................9 7 887,73 d71,271 6,187,84 314,628 12 ,464 15,121,31 7 4 :8.4
26 Dividend appropriation of income and surplus ..... 29,950, 40 521, ... 3,292,416 300,000 ... ,397,07
27 T approp sof income ................... .35.5rP 943 ... 9,232 15,643 673 4
e transferred to profit ad loss 11,0 9, 1 2354,792 0. 3 1.7 6,17,84o 305,396 110,621 9.376,91 3

Ratio of Items

Per cent of Grand Total Capitalization: (Item 9)
Cmostc(3t9)44.6 67.6 20.0 30.3 43.8 57.1 26.3 34.s 6peerdsok4to0-5 7.6 ... ..26 1534Scapitalstock (5 to 9).................... 69......64. ...3 4... 72z
debt unmature (6 to ).................. 55.4 31.9 34.2 7 56.2 29 390
7 er long-term debt (7 t o 9 ........... 38.1 ... 0.1
8 Total long-term debt (8 to 9 .............. ..... 554 .2. 7 4 4
Per cent of ailasy Operating Revenues: (Item 10) 197. 975.
11 Total mannance expenses (11 to 10 36.1 33.9 35.7 28.6 14,7 16.9 3- 6z312 Railwayoperating expenses (12 to 101 80.2 8 .0 90.6 71.4 58-5 57.1 7. 407.
11 Railwa tax accruase (1 to 10) ...4.7 7.0 5.7 8.1 5.279474s6.
1 ala praigicm (14 to 10) 15-1 9.0 3-7 20.3 36.33519.2.245
1 Nrailway opratng nome (1 too ..... i354 ii5i,7 79'06 i6i:
1 se ent of Ttal Inome (Item 18) 3- 52-
3. Othe2 icm (6o18 9...... ....1 19.4 1
R nt for leased r a( t e o 19) .. ... ... ... ........ 18. 32.
20 interest on fde debt ( to 15) 25 20.1 ... 25. 23-3 36-7 22 1
21 Inerst onunfunded det(21 to 18) ........6- 03..0. 1

I itdng iraap ht
22 Total interest accrued (22 to. .......... : .... 26 21.0 ... ... 23 3 22 ... 1.6 4
Othe deduc ins, 23t 19 :............... 10.Z 1- ..550: :4191.
Total deduction (2 to,+ 19+++, + .............. 6o.4+ 19.+> 4 .23 781360s -. 1..
2 No ino e (5 t 1 ) ............. ...... +........ 39. "'"8 50-3 76-3 61:+ 64.o+ 15-5++ Z9
27+ Toa pporatos o nome (2 to25 ...... 76.3 736... 2.9 W-5 446 7- ... 8+++ + ...4.....
los (2 o 5 ........ .................. 1. 23- 1 64110.0 197,1 18 5 4 259 .






6590 BUEU OFI STATISTICS

STATEMENT OIF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRECLIMINARYREOTOFCASITAMALWY (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEARENDDCMBR3,12 (Does not include lessor caopanies)

Pocahontas RegionSotenRgn
Chesaipeake & Norfolk & Rimnd, Alna ot
Item RhI l/Frdericks- Virginian Bimnga Atlna Alni Calso eri
dhakpO o;k & Western burg & Ry.Go. an~ wetenR..eme
Ohio ~ ~Potomac R.C. R .C. RRC. Crln r Is
Ry. Co. R. R. Co. y Go

1 miles of road owned (single track) ............... 2,233.05 2,206.38 114 90t 504f.69 651..169.847j ;730s
2 Average miles of road operated* .......... 2,555.73 2,24o0.69 117.62 514.97 639-8 931 ,U 325399
3 Common stock ................... 67,25.925 $1341,7941,300 40 .031~o 31,271,500. $2,463,000 $68,586 ...
1+ preferred stock .................. 125 51, 700 22,992,30 2 500.1100 27:955,000 9:0
5T'otal1 capital stock............. .....79,817,625 157 786,60 LO '1.8341,s00 59,226.500 30,000, 000 2,11.6,000 69,7290 1,0,0 .
6Funded debttunmaturod 233:905,324 119,628,900 8,210,700 57,219,700 9,479,40955.2,3 ,9,504
7~~~~~~. O... ...-er .................
$ Totaa long-t erm deb .......... 3,905,324 li 11,28,800o 8,210,700 51:4,07s7,0 5,7220 64 -0 ,3,5
9 Grand total capitalization ....... ....... 31,722,94 276,1115,1400 23,0415,500 11 3,7.47 243,0 2,5 3 9 0-5
10 aiwayopratngrevenues .............. 109,033,44s 97, 709, M~ 11.836,355 18, 664988A 29939 17221 3 0li .1
11 Toal mainenance expensese.........................5,66,404 3769,81,78 61J 1.4509 20192149,721.201641.?4.9
Ra92yti ac1r7a3e............................11,221:113,002,30850.667S20
12 Railway operating exnses....................... 2092,872,213 37,51 1 2 5 4 ,4 7'4 6.3,2
111.2o8~ oo4 15,8 614o,603 dl
15 gqiwet n jin acli ..et................... 24 2,,46 25 6.2,o q2,
1 etRailway operating Ino ........................210892,970 2o,1168,71 2389259 7 )5
Oquihe anjoi......................................1,8296,084 04441 64 66 149603 d15.11 7 A101
16aettrly opta g income ............... 21,90 2246 2,78,3 s7 .3,17M 368.3 915 585r
Other ncome...................................7%92, 2
is~o a f n e eb............................ 3,749,000 '3:549,16 222,763,21124,1 995 45 2 05967 7 9,6
20 Interest aoin funded dbt ........................ .. 2~~l 2 506,2233,1 277,J6o 9. .1.j 3716 104'000
22 Total intere t .mca ..................11,263,067 5,0811.775 373,659 2,818,537 301,57$412,2
Other dd tos................................. ..5219 11,4 8,925 12,6 9e 211, 85.92
Total deductions .........................11,556,557 5,305,821 ,$ .o,7 1,1 384 7,30293 .227 7 '
25 Net incomne...........................................12,222,043 1,3 2, 2o,4i4
26 Dividend appropriation of income and surplus .. 3,435,803 '976,129 .A 5.9 .93,31,16o. 7112 54.13 7,0
27 Total aprpriations of income .............. .... 120,972 919,692....96:551 ..
2 Inoeblnetransferred to profit and losses .. 12,101,071 17,323,656 2,1405,919 3,315,111 4L 210511 456,175 12,1 19 73063 2.4

Ratios of Items
Per cent of Grand ?otal Cpitalization. (Item 9)

Potalerred a stock ( to 9................. ..4o932240....01


per cnofRailway operating Reenues: (Ite 10) ;629j. :
11 Total mane ane xpees (11 to 10) 42.3 38.5 27.1 341.6 410.41 31.13:63251
12 Railway operating eese (12 to i~)....76.6 71.5 66. 64-.3 91.2 76.27186 me
11 Ralwy axacruls(1 t 1) .3 7.6 5: 6- : 9061
I~~~t 10)a peaigicoe(4t 18.9 20.9 ~ 276 :'55is1-11j Euim n ndjoint facility rents le ';j : 1.3 2.1 ... 0.8
1 Ntraiway oprtn noe(16 to 1) .....20.2 23.0 22.2 29.2 2.22 13i,524
Percent o ToalIncome; (item 18).
1 Retfrleae roads 0. o.6 6.9 20. ... 0.2167
20 Intrs ~ on funded debt (0to 18) ....... 46.614 21.5 1 :4 39:6453 3- 3

0te euton 2 o1 .6 0.5 0.3 2.2 12.9 83


24 Totl dedction (244 tot& 1ater 4s.6op $o.5 13-7 .2 43st02o.2




TERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASM (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR TIlE YA ENDED DEB
(Does not include lesor companies)

Southern Region
Atlantic Coast Line 9stem-Cont'd.
Item Louisville & L Nashvilleioia egi
Item Loisvill & Ch, asttanooetea Clinchfield Greenville Last Coast FloridaIln
Nashville Henderson & Chattanooga & Oho | re Co o R
Saint Louis & Saint Alabama
R. 00. Ry. Co. Louis Ry.

1 Miles of road owned (single track) ................ 4,999.25 181.04 856.83 130.12 266.36 178.96 7558 4 1
2 Average miles of road operated* ................ ... 5,011 409 199.45 1,259.02 133.142 291.20 167.70 763,01 4 3 5
Common stock .........................................8117,000,000 $2,000,000 $16,000,000 $3,000,000 $25,000,000 100,000 $37,500,000 $ 7
Preferred stock ...................................... 2,000,000 ... 7 0 ...
Total capital stock ..................... .117,000,000 4,000,000 16,000,000 3,000,000 25,000,0C0 100,000 37,5000 0
6 Funded debt unmatured ............................. 246,079,235 3,200,000 18,674,000 1,543,000 28,474,000 55,000 30,975,000 6, 2
Other long-term debt ................................... . 35,435 ... ... 1,99,00
8 Total long-term debt ......................246,079,235 3,200,000 18,674,000 1 543,000 28,509,435 55,000 30,975,000 10 0,
9 Grand total capitalization ........................ 363,079,235 7,200,000 34,674,000 4543,000 53,509, 15 155,000 6 75,000 88 9R 9 1
10 Railway operating revenues ......................... 135,505,677 3,449,889 23,601,646 3,159,930 9,29988 1,6410,936 20,106,910
11 Total maintenance expenees .........................51,524,22 1,237, 189,,12 1 0 52 6
237 14 ,,9,9 1,0 1 3.5,16 67,2 6,3,9'9le 1,9
12 Railway operating expenses ..................... 107,126,89 2,638:465 19,1480,970 2,283, 1 5,689,146 1,449,266 13,270,096 1,325
1 Riwytax accruals ..............................6,16 :9 Z 175,6148 651,900 194 668,031 16,631 1317.02,1
Railway operating income .......................... 22,15 ,0)4 635,399 3,465,103 725,897 1,985 174,937 5,511, 3 38
15 Equipment and Joint facility rents ............... 137,340 d 110.195 d3. i6 d 52.162 699,028 d14 d 1.09948 d1
16 Net railway operating income ...................... 22, 291, 374 5250 3 76 7 2,639, 13;,
1 other income ...................................... 3,016 ,252 37,1149 d1 110 97, 772 313,,10 9,885 4373:L7 14,2840
1 Total income ............................ 25,307,626 562,353 771,507 2,953,323 39,937 195 9 227,905 558:o6
19 Rent for leased roads............................ ... 862...188,825.0 806,56.....25,90
20 Interest on funded debt ........................... 10,792,167 160,000 940, 56 92,580 1,341,i80 ,0 869,219 560,22 1 6
21 Interest on unfunded debt ......................... 17,830 23 1,724 203 27,757 l,eI 150,960 245.396 100
22 Total interest accrued ....................1,0,9 16,2 9142,280 92,783 1,368,937 14,788 1, .0179 805 15,4
23 Other deductions .................................... 175,973 9,2 6 ,68o 607 9,35 32 2147,81 5224 1
24 Total deductions ........................ .11,17 ,832 16g,307 1 769,1466 93,390 1,4,04,191 4,8 20 1,267,997 957,861 16,79
25 Net Income ........................................114,132,794 393,046 1,1479,191 678,117 1,5149,132 35,117 3,517, 912 d 629 95639.7
26 Dividend appropriation of income and surplus 7,020,000 80,000 1,120,000 210,000
27 Total appropriations of income .................... 130159 so,000 ..... ... 1 3I2
28 Income balance transferred to profit and losso 14,001,94 313,046 1,479,191 678,117 1 1,549,132 3 35,117 ,517,492 6 239561

Ratios of Items

Per cent of Grand Total Capitalization: (Item 9)
Common stock (3 to 9) .................... ...... 32.2 27.8 46.1 66.0 46.7 64.5 54.877
preferred stock (4 to 9) ........................ 27.8 ... ... .o .
5 Total capital stock (5 to 9) ......................32.2 5.6 414 66.0 146. 64.5 414.e 607Funded debt unmatured (6 to 9) ................. .. .4 53.9 34.0 53.2 35.5 5.2 4.
7 Other long-term debt (7 to 9 0.1 00. ... ..
8 Total long-term debt to ............ 9~ 1444 i: 314.0 53.3 3.:5 45.2 514.o 29.3
Per cent of Railway Operating Revenues: (Item 10)..
11 Total maintenance expenses (11 to 10) 38.0 35.9 37.7 31.6 385.0 41.2 30.0 263 33.9
12 Railway operating expenses (12 to 10) 79.1 76-5 82.5 72.3 68.6 88.3 66.o 7414 7.
Railway tax accruals (13 to 10).................1.6 661 2oo 4:6
I Railway operating income (114 to 10) ............. 16.4 58. 12.7 230 23.0 107 27.4 21.1
15 Equipment and joint facility rents (15 to 10) 0.1 8.14 ... i.
16 Net railway operating income (16 to 10) ......... 2 45 21:3 31. 1.9 21.9 1205
Per cent of Total Income: (Item 16)
17 Other income (17 to 18) ......................... 11.9 6.6 ,.. 12.7 10,6 214.8 7.8 0.6 q.4
19 Rent for leased roads 018)..................0.8 .1.4.8 ... U.3 .2...
20 Interest on funded debt RP 2tol1l6).................. 142.6 2- 29.0 12.0 145. 8 i: 241:VL
21 Intoresl on unfunded dbt(............ 0.1 ... 0.1 ... 0.9 3
22 Total interest accrued (22 to 18)............... .427 28 29.1 12.0 6323
24 Other deductions (2 to 18) .....................0.7.1 2
deductions (24 to 1)....................... 4.2 30-1 75 12.1 147.5 12.1 26-5 3760
25 Net income (25 to 1) ...............59.9 .5 879 52,5 79 73
Per cent of Net Income: Is 5
27 Total appropriations of income (27 to 25) ....... 0.9 20.4 ... ... ... ... ... ...
28 Income balance transferred to profit and
loss (28 to 25) ............................... 99.1 79.6 100.0 100.0 100.0 100.0 100.0 ...

Including trace rtgh .
d Deficit or other reverse item.




20 INTERSTATE COMMERCE CO
2590
BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PELIM]NARY REP (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR TIfE YEAR END (Does not include lessor conipiol)

Southern Region

Gulf, Ilinois CentralB te ouhr
*500o & MktesiMpPi New Orl1eans ofl Saor
Item Mobile & Central of Illnois Miseissippi central Geat Noth-S
Northern Georgia Central R.o. ern R.R. Co. R.
R. R. Co. Ry, Co. R. R. Co. RRGo.

1 miles of road owned (single track) ............... 43-1.76 1,489.36 2,271.50 1,278.70 150.93 231
2 Average miles of road operated* .................. .46595 1,920.64 4,849.74 1,380.0 ..25. 7.00
oonstock ....................................#$10M2,600 t20,000,000 $120,826,792 ,21,553,300 43 o.0ooo 67500,0 1,0 I$3
preferred stock .................................. .. 1 41l Soo 20,9971, 460 .
5Total capital stock ..................2,4041400 20,000,000 141,824,27 1,530 ,4000 :, 151
7 o3 26 3795,0 3,7,0 ,41-,
Funded debt unmatured .............................2,039,500 53,11-,9o0 314,1 1, 5,0,186 500,000
7 Other long-term debt............................. ...500,00 ...o ,53,is6 507,600 .., 1811611
8 Total long-term debt ....................2,9, 2 53 Z40 920 14. 2 5,186 37 07600 15 447,32,S
9 Grand total capitalization........................ 2 ,M, 73,640o920 55,995,541 6 7,0:
10 Railway operating revenues........................6,099,030 27,173,209 151,711,549 2212658 1,55,579 0 29
11 Total maintenance expenses........................1,96,127 9,0 55,872,791 4
12 Railway operating expenses........................4,'3 287 21010 1 11,844,732 180, i89 1,334,071 2,029.055 6,920 1476? 73,7
13 Railway tax accruals ...............................4:192 1:344,503 11:436:699 1,395,793 100,470 2415 684 51,2 2.453 5569
14 Railway operating income ........................1,375,048 4.737,113 22,7,517 4,556,299 420,785 6149:692 1.,1 9,3,9 2.9.6
15 Equipment and joint facility rents 2d.....1.1,284,132 d4,317 d
16 Net railway operating income .................... 1,2117b :761 649 47340 'ia 469'102
17 Other Income .......................................0,34 1 05 94 )66:656 1342601 8
1s Total income ........................... .1,300,60 557 31,629,305 4, 52 5
19 Rent for leased roads .......... i .................. 33-750 372,959 1,739,250 9,325 1500 .4
20 Interest on funded debt .............................123,022 2.2,1 285:3'6 4472o 16:12~ 422,% 7,59 7dj54 2
:o.~ o o t................... 4.92 2.1 9 6.4 213
21 Interest on unfunded debt. .................20,967 7 7,
22 Total Interest accrued .....................1413,989 2795140 13,114,155 4,44673 192,657 422,9006 5143 63-0
23 Other deduction .................................64 232 526,343 687 2129 25,680 2,
24 Tot deductions. ...................... .. 178,387 3,335,4N 15379,748 4,4741-, 65 214:286 4,54 1 2
25Net income............1,122,223 2,236.29 16,248,557 259,167 79,591
26 Dividend appropriation of income and surplue .... 713,000 1,200,000 9,152,20. .. 27 Total appropriations of Income ......................... 36,390 ..9 3 ..494 4:7
28 Income balance transferred to profit and lose... 1,122,223 2,236,294 16,212,1.671 16:21 79510,031 ,8843 ,2,0

Ratios of Items

Per cent of Grand Total Capitalisation (Item 9)
o c t 2t: 33 1 52.5 477.0 48"
Total capital stok (5 to 9)..................91.7 .2 31.1 3.170 28 7
funded debt unneatured (6 to 9)......... . .3 72.1 5 0.9 503
7 Other long-term debt to ......................07 6 66. 7
8 Total long-term debt (8 to 9 .....937. i* 694- -o5- 155.
Per cent of Railway operating Revenues: (Item 10)
11 Total maintenance expenses (111 to 10 32.2 33. 36.8 34.43
12 Railway operating expenses (2 to 10) 71 7 775 77-7 711 71 74
1 ailway tax acruals (13 t .......... ............ 55 55 1
1 ailway operating income 4to 1) 22. 1 c
.Equiment and joint facility rent. (15 to 10) o9. 2:1 2.
16 Net railway operating income (16 to 10) .....89. ~ 15.6 19.6 25.3 1.7-91.2192.
Per cent of Tota~l Income: (Item 18)4
17 Other income (17 to 18) ................ 6.0 18.2 24.9 3-0 0.9 1.643101.
19 Rent fo~r leaed roads (19- to 18) ........2.6 6.7 5.5 o441..1- : .
20 Interest on funded debt (20to 16 ..9548:9 4089.43. 0. 91 7221 ntetonrnfeddbt( 18 1) 1 6 0.1 0.70.13..o40:01
24 Ttlddcin 2 o 1 ......137Z1. 48. 4Q7 9.
25 Not Inco,4s (25 to 18) ~~~~..... .....................6- 14..5- 512- 827:
Per ent of Nt Income. (Item 25)
2 Toaaprpitionsof income (27 to 25) ..... ... 0.2..391..01829 Income balane transferred to profit and
loss (28 to 25) ,.,...... ............ . 30g.0 100.0 99.8 61.9 100.04991 1001 6.

.4- Icuigtakg ihs





BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND. INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASS I STEAM RAIFAYS, (NOT INCLUDING SWITCHING AND TERMINAL 00MPANIES) FOR THE YEAR ENDED DEQMBER 31, 1924 (Does not inclIde lessor companies)


Southern Region
Cincinnati Southern pailway Systea-Cond. Vik.ur
I tem New Orleansl Georgia Mobil Ne JOrlan No15A~ rthern Tonnessee
& Texas sothr & & Ohio &Nrth- Alabae SuhrCntl 929:d
Pacific Florida R.R.Oo. eastern 7y. Co. By. Co. By. Co. VcsM
sy. c Ry. Go. R.R. o. ap. Co.
1 Miles of road owned (single track) ............... ... 91.19 922.45 195. 110.50 4, 4110 ag ,ag 49
Average miles of road operated' ...................17 1.7 1,164.59 207.74 110.50 868.61 296v65 14149
Common stock .................................... $2, ,000 $2, ,000 $6,016,800 $6,000,000 41.943,300 $120 ,000 13,000.000 $,10,0
Preferred stock .................................. 2,k53,100 1, 70,000 5, 00.
5 Total capital stock .................... 400 37 ,000 6,016,800 6 000,000 1,943000 15, 00 3,000,000 2,i6000
6 Funded debt unmatured ............................ ,01,800 6:61,222 33,703:500 8,619,000 1,650,000 ,10 3,000,000 2,500,00
7 Other ,long-term debt ............................. ... '75,336 ... 717,272 ... ...
8 Total long-term debt ................... 4,011,800 6,8 59,558 33,7,500 8,69,000 2,367,272 2 ,700 3,000,000 2 0,000
9 Grand total capitalization ....................... 9.455,200 10,627,558 39,500 14, 000 4,, ,572 9#
10 Railway operating revenues ....................... 21,951,667 5.180,l2 1 8,36 1 5,667 59 1, 26,514 3
11 Total maintenance expenses ....................... 7,591,9 1 4 431 38,0 1,82834 30364 491
12 Railway operating expenses ....................... 15,277,12 3, 61,86o 1 4 63, 106 56
13 Railway tax accruals .......................*..*** 99,35 21,35 102 74 46,36 5927 7.0:9 M170
13 Railway operating income ......................... 5,676.94 1 4 41 541 1,2 914 551 32
l5 Equipment and joint facility rents ............... d 102 8 11 4 068 d 1 & 000
16 Net railway operating income ......................574,4439 5 III4M5
17 Other income ..................................... 430,*40* *6*9*5 11:25 93,920 o 66a 131 515
1T Total income ........................... 6,oo,8945 907,861 3.653 ,421 1,150,131 235,7 ,5 6
19 Rent for leased roads ............................ 1,429,207 ... 1.5. ..96 ..2,0 ...
20 Interest on funded debt .......................... 221,867 319,14 152' 2 396,322 1 .092 14, 18500 121
21 Interest on unfunded debt ........................ 5,6 3,79 6,6 6 1295 462 5,
22 Total interest acrued .................. 227,516 232,19 1,559129 396,808 106,:37 14,296 1,502 121,
23 Other deductions ................................. 32, 4 3, 13,222 2,961 732 218 97 2,202
24 Total deductions ....................... 1,669, 61 326,69 1,572.350 399,769 109,119 17,503 .113 248,904 124,098
25 Net income ................. 4,315,174 581,192 2,081,071 880,362 126,646 18,03,659
26 Dividend appropriation of income and surplus ..-.- 511,370 88,400 421,176 360,000 ... 1a,62009 ... 147,000
27 Total appropriations of income ................... 1,396,217 88,400 421,176 360,000 .3,264,519
28 Income balance transferred to profit and loss .... 2,918,957 492,792 1,659,695 520,362 126,646 14769,140 l1,45) 461.374

Ratio. of Items

per cent of Grand Total Capitalization: (Item 9)
C common stock (3 t& 9) ......................... 31.6 16.6 15.1 41.o 45-1 24.9 50.0 45.7
Preferred stock (4 to 9) ............... 26.0 16.7 ... ... 13.7 ..
5 Total capital stock (5 to 9) ...............57.6 35.5 15.1 41.0 15.1 350.o 4 7
6 Funded debt unmatured (6 to 9) ................42.:4 60.1 6 .9 59.0 38. 61.4 50. 5 .3
7 Other long-term debt (7 to 9) 4...................4... ... ... 16.6
8 Total long-term debt (8 to 9) ........... 42..4 64.5 84.9 59.0 54.9 61.4 50.0 5
Per cent of Railway Operating Revenues:(Item 10)
11 Total maintenance expenses (11 to 10 34.6 28.3 32.8 ]2.2 20.5 31.6 31.8 36.9
12 Railway operating expenses (12 to 10) 69.6 69.7 73.4 68.1 51.7 72.1 75.6 78.1
1) Railway tax accruals (13 to 10) ............... 15 .2 5*5 8*2 -0 5*4 2-7 s.6
1 Railway operating income (14 to'10) ............ 25.9 26.0 21.1 22.9 38*2 225 21*7 13
15 equipment and joint facility rents (15 to 10) .. ..:3
1 Net railway operating income (16 to 10) ........ 25.4 i6:6 16.2 20.9 i5.6 214 4.7 14
Per cent of Total Income: (Item 18)
17 Other income (17 to 1) ............... ........ 72 5.2 3*3 7-3 2.0 14.3 4.0 9.9
19 Rent for leased roads (19 to 16). ............ 2.. .8.3 ... .:. *.1**
2o Interest on funded debt (20 to 18) ............. 35.2 2:5 31.0 44.2 4.1 47 2
21 Interest on unfunded debt (21 to 18) ........ 0.1 0.4 0.2 ... 1.8 Q.1 1. 0.1
22 Total interest accrued (22 to 18) ........... ... .38 35.6 42.7 31.0 46.0 W2 42. 20.8
23 other deduction (2 to 18). ................... 0.5 0.4 0.1 0.2 0.3 0.6 0.2 0.4
S Total deduction (24 to 1) .................... 2.1 3.0 43 31.2 46." 49*2 56*3 21.2
25 Net Income (a5 to 16) .......................... .. 71.9 64.0 51*9 6s*8 53*7 50 43-7 78
Per cent of Not Income: (Item 25)
27 Total appropriations of income (27 to 25) ...... 32.4 15.2 20.2 40.9 ... 18.1 ... ...
28 Incom balance transferred to pro it and
loss (28 to 25) .............................. .67.6 54.8 79.6 59.1 100.0 81.9 l .o 100.0

Be e also Southatern Regior for this system.
i Including track age rights.
6 Deficit or other reverse item.




22I
259 INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF OLAS I TEAM ALWAYS
(NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR TIE YEAR ENDED DECEMBER 1, 1924
(Does not include lessor companies)


Northwestern Region
Canadian
Nat'l. Rye. anadi Pcifi te r Chicago & Nor h Wetern S.a
Item Sys. 1/ Duluth, inneapol., Spokane Chicago & S a CiGaia
Duluth, South Shore Saint Paul & Inter- North West- Saint Paui w r inaul
Winnipeg & Atlantic Sault Sainte national e y. Minneapoli Western & ai.
er ~.CI & Omaa 1, 1, CO. .Pa
& Pacific Ry. Co. Marie Ry. Co. Ry. Co. & Omaha
_y._o.Co. Co..o
1 milee of road owned (single track) ............... 81.25 589.07 3,279.89 141.37 9.387.57 1,676.81 1,03490 1025138
2 Average miles of road operated' .................. 178.87 591.-0 4,402.53 165.69 62.3 1749.19 1,49606 ,9869
3Common stock ........................................6,000,000 $12,000,000 $25 206 goo 4, 200,000 $1145 1 52,50 41:J5'631 7670 2
pr referred stock. .................................. ... 10,000,000 12603,:40 ... 22,395,000 9, 5 0 110
5 Total capital stock .................... 6,000,000 22,000,000 37,810,200 4,200,000 167,57,500 2981 67 I 2,5.00
sudd eta n*matued *to'~k ....$ 9 -O,*-*,O00 16774 50 2 16 9:01
Funded debt unmatured ............................ 7,004,997 20,524,000 1 208,300 4,200,000ooo 258,56,900 46,805,800 83,9 4 .07115
7 Other long-term debt ............................. 3,130,196 .. 1,294,877 150,000 ... 219,79
8 Total long-term debt ................... 10,135,193 20,524,o00 lo 9.503,177 14350,000 2589,.58e6,900 46,805,800 4o50368 440,807115
9 Grand total capitalization ....................... 16,135,193 42,524,000 147,313,377 8,550,000 426 ,M 76,621,867 13 ,621 674,
10 Railway operating revenues ....................... 2,17 475 5,902,129 47,945.30 1,088,663 149:454:584 27,915,736 24,726 78 159,
11 Total maintenance expenses .................... 88,72 1,947666 15529,o5 325,160 53,10 19 8,792,692 8, 513 56,
12 Railway operating expenses ...................... 1,924, 5 47 45 36,1)55 s 2 120,5 ,14 2,g411 125,
13 Railway tax accruals ............................. 107,621 367:34 3,082,722 6248 9:3 :842 1,615,940 9 9,o1,61
Railway operating income ......................... 144,266 748 6 ,154 1, 19505,576 96, 353 ,
15 Equipment and joint facility rents ............... 75,567 d 0,200 1 6 4 2 21 68 2 L 4 3
16 Net railway operating income ..................... 219,833 4, 4
17 Other income ..................................... 3,973 18 6279 3 4794 525 3,437,327 251,o2 641 17 5942
18 Total income ......................... ..223,806 631,325 7, 42 105 ,953 20,221,3 3,660,051 6 27 os
19 Rent for leased roads ............................ .... 11690 27,200 9,94 44 05,166
20 Interest on funded debt ......................... 280,200 871,79 4,862 78 210,000 12, ,51 2 ,578398 1,7142 2
21 Interest on unfunded debt ........................ 178 507 209,253 265 15,1 6 5,482 725 273055
22 Total interest accrued ................ 280,378 872,276 5,071,931 210,265 12,348,737 2,583,880 1,721 4 20,72669
2 ii::;rpiio oo n ome nd urpu ....... .. 737375,56,,
2 Other deductions .................................. 348 3,3714 52,901 3,814 191.353 39,263 40: 1 01,990
24 Total deductions ....................... 280,726 85,650 6,2 9 535 241,279 12,550,054 2,623143 1,807,129 22,475,25
25 Net income ........................................ 4 56,920 d 2481324 a6,7 d 13,326 7,671,324 1,036,908 601,558 d 1.727.777
26 Dividend appropriation of income and surplus ...... ... ... ... 7,373,75O 56 296 ... ...
27 Total appropriations of income ...................... ..1,966 7,373,750 562,9 6140,829
28 Income balance transferred to profit and loss .... 6920 2442 844,1441 4 d 135.26 297,574 473,93 601,558 1

Ratios of Items

per cent of Grand Total Capitalization: (Item 9)
c3 ommon stock (3 to 9) ...........................37.2 28.2 17.1 149.1 314.1 24.2 34.1 17.4
4 Preferred stock (4 to 9) ..................... .. 23.5 8.6 ... 5.2 14.7 354 1.2
5 Total capital stock (5 to 9) ................... . .2 51.7 25 49.1 39.3 38.9 69*5 .6
6 unded debt unmatured (6 to 9) ................. .434 .3 73.4 49.1 607 61.1 30-3 .4
7 Other long-term debt (7 to 9 ..................19.4 ... 0.9 1.8 ... ... 0.2
8 Total long-term debt (8 to 9) ........62.8 48.3 74.3 50.9 60.7 61.1 30.5 54
Per cent of Railway Operating Revenues: (Item 10)
11 Total maintenance expenses (11 to 10 ......... 40.7 33.0 32.4 29.9 35.6 31.5 34. 35.7
1 Railway tax accruals (13 to 10) ................ 4.9 6.2 6.4 6.3 5
Railway operating income (14 to 10) ..6.6 12.7 168 17.0 13.0 1Z:7 15.15 Equipment and joint facility rents (15 to 10) .. 3.5 ............
16 Net railway operating income (16 to 10) ........ 10.1 7.5 14.2 9.2 11.2 12.2 9.0 12.0
Per cent of Total Income: (Item 18)
17 Other income (17 to 18) ........................ 1.7 29*5 5.1 5.1 17.0 6.9 7-3 .6
19 Rent for leased roads (19 to 18) ...............1.... .1257 0.1 1. 5.1
20 Interest on funded debt (20 to 18) ............. 125.2 13i8.:1 68.1 198.2 61.0 .4 71.2 96.6
21 Interest on unfunded debt (21 to 18) ........... 0.1 0.1 2.9 0.2 0.1 0.2 0.3 1.3
22 Total interest accrued (22 to 18) ............... 125.3 138.2 71.0 198.4 61.1 70.6 715
2 Other deduction 2 to 18)0 ..................... 01 0.5 0.7 3.6 0.9 1.1 1.7 .
2 Total deduction 24 to 18) .................. 125.4 138.7 88.1 227.7 62.1 71.7 75.0 108.4
25 et income (25 to 18) ...................... 11.9 ... 37-9 28 25.0
Fet cent of let income: (item 25)
27 Total appropriations of Income (27 to 2*) ...... ....0.2 ... 96.1 54*3 *** ...
28 Inose balance transferred to profit und
lose (28 to 25) .............................. ..... 99.8 ... 3.9 45.7 100.o ...

1 -See also New England and Great Lakes Regions for this system.
-See also New Engad Region for this system.
including trackage right.
Deficit or other reverse Ites.




INTERSTATE COMMERCE CMISO i
BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARYREOTOFCASITAMRrWY (NOT INCLUDING~ SWITCHING AND TERMINAL COMPANIES) FOR THlE NEAR NE EEBR3,12 (Does not include lessmr companies)



Item Duluth & Dulth Great 0 Green ay La~ke MinaolsSo n &~lySs2
ironl Rangle Northben Northern & westtrnS upro & SauintR Paii orln' R. R.Go. Nrthen Ry.o. R.R. C Ispein Loui R.. Ry. Co~. Sate wsig
Ry. Co. Ro. R.o Co. Co. Go.Co

1 mile, of road owned {single track) .......267.51 265.70 7.11.9.20 238.31 16049 1.524.oc647o6446,2051
Sveage mpiles of road operated* ....... 1769 305.20 8,25.44 234-15 161: .40a
CoGmmon Gtook ................. 6,500 .0 $4,3 12i 0O ... ti, $251,O0 $248 S4e&
1 preferred stock ................ t. 249,477,150 31,100,000....
5Total capital stock .......6.500000 4,112,500 249.477.150 1/10.100,000 1,4286,000 25,792,600 2249 00 4ooogg5000,0
6 Funded debt unmatured ............... 8,151,000 6,251,000 xl6,oge,gl ... 1,288,500 46,712,926 3198, ,oco 74.5322 9,6,4
7 ohrlong-term debt ................ ... 1.994 63.4 ....900015392 3:9 :
Othe Total long-termndebt ........... .151 ,000 8,251,000 316,077,429 ..1295C 4 ,,26 31.6,64 000 7,0,4 i 4
9 Grand total capitaliz~in............ 1 ik6Z1,00 12,363,.500 567:554,57P 10,100,000 2,716, 0 3,063,426 566,690o 161704Ol 4
10 9ala 9pttn eene ,6,71 1'96099 110,243,104 1,49766 l64:''95,66671;8
20 Railway operating revpenues ...........................,097,1902125,29214144T,1
11 Toqu i ntean e epen se ..liy ..nt................. ...612 420,9 3094. 45675 72 S ,4 3,1,S 2 ~
12 Railway operating incore................ ...........27607213,67,1 0
14 Railw otal incruome.........................925...03.15,...6.65 a436.52.84 03,1
Othwa oer atn innme....... ...................................... .19243711, 03 21, 503 25,1 d 9.916 616 24577:1,1
19 Eqient land oad...........nts.............................732 5.765 3,696 891
2t rintaes onounde debt............................6.7950~149 l,~7 1470 6690 20 d4? 3.0 i
2140'i 2ttees ?8 unfnde debt...........................07716 182, 5 11
17 oterin otae intere..t... crue.................. ..396 57 74 23 1163178:615,6 14 428 3.6
Oths Teotl i............... ....................7426 4,25 9 35,855,164 27,6420 306,335 2,1 6 1 31. ,50 9 2,1
utmoe.................... I.............2.................1'v" 293 9:39
22c ....... 47,7 416 41 00 247,64o 23,67 1;46 914
26 Tiodan appropriet 2 14oo91 15,6507 3surplus 3.7 Sr.0 3,9, 1,4366 15,0 2,301
27 ?Other deductia~on s o........mI................... dl225d 10.6 120,161 75016061 5,b455
26 Ino t alo tdnedc to rfi ..... nd...... los 3. 6,4 9 150,363 26,7 2,35,6 15,34,23.930

Net o ......to............................ ... .44 4 33. 39 2 53, l 15 70 13. 3.5
PreIecomd ito54n 40774 t1 6.. .. .0. 0 12,330.00
27Ttl appd ropr atoso incom ).......... ....5. dS~ 13: 13:4 241927,00 ..1io~ .


om ~ sok(3t 9..... .... I ....6...56.0... 47. 33 935.6 34.7 43.8 34.5 27.
prferr e to (4 to 9 ........... 030 ...13 .t3
11 Total ca1ia tn ( to ).. .....to .10 44.4 30.3 26.1 10.0 6 5. 0.4: i'
Fundead det atur. e 2 to 10....... 556 5.2 68.2 i64. 74.1
7orailongtzemdet Q to 9) 13010093 11.3 1-3 900
9 Ttlln-emdb 9 to ) ......... 6 2 7 22.5 17:1 157.2 6- 7FrcofRailway Oprtn Revenues: (15tem 10) 01 2: ~ o1. 39..4 361.

11 Ttlmitnneepne 11 to 18)..................08 304 29.1 35.2 44j:3.26938
12 Riwyoeaigepnes(2t 0 .....8. 5.2. 69.2 76.6 74.4 9

14ala prtn noe 1 ol).. 62- 22.5 17.1 15.2 ... 1702-51.
Ne1ala7oeaiginoe(6t 1.) ...... 4.73 ...4 ...9 77.4 ii...

21 itreto7ufne db.21t19 ........ 30.4 6.. 1.. 0..03.

24 th~ deucton als toS 18* e ... ...8 1.e 0 r.03.2425
2 oalddutos 4to1 ............ 5 1 2. ..4 158 0 .







INTERSTATEROMRECN MO
STA RMAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOMED ITE)MS TAKEN~h FROMPRLMNYREOTOFCASITAMALWS (NOT INCLUDING SWITCINT G AND TERMINAL
(Does not include lessor ompa ies)


Central wepsenRgo

Item Chia Denver & Rooke y e
Peoria & Rio Grand Deve & eaa Nrhet hiao hc o aii
Saint Louis Western Balt Lake Nortern ern PacifcRctsan okIln RR. Co. R R. o. R.Ro. R.o. R. R.
Miles of road owned (single track) .......... .. 2 450 2,a4.16 252.00 165.71 4
Average ile of rod operated, .......... ... .. 27" -1 4 7 .5
Common s t ock ................................ 4,, 5, I a

SP r r g-term deb 0................................ 95, 0 600,O00 3. 5.9.8
Trn o tal cap tzalsock ................ . 4, w, 000 8 ,1,8 ,5,0 pO ,0 56," 0 6'0 2,0 ,1 7,8.0

Ote l ongermn d oe ......................... 2150 10 000 9 949.. :1 ,3 8 .6
S Total long-term debt ................... 4,128,000 115
9 Grand total capitalization ........ ,12,000 203630,786 15 4 68 000 6 i s
10 Railway operating revenues .......................
11 Total R intend ce expenses ....................... 0,21 1 2 35 7 78 2,
12 Railway operating expenses ....................... 1,241,597 28,59145 3,23 371
3 Ralway tax accruals ............... 7,509 1 8633 : 139 9 536
R tilway operating Income ..............7...............1 2: LI2,, 1,3 0 3
1 quipment and Joint facility rents ....... d 2 9,62 3Z1,154 43027 d 2 A11.8 d3457 a495 99 d22609
Net railway operating income .u.... u....... 7552089
17 Other income ....................564 136,610 14 022 3, 7V 33 346 ,4,11 3,5,8
1 Total income .............. ,...... d 241 2,2,693 61079 2 1,
19 Rent for leased roads 10,350.
20 Interest on funded debt .............................172,45 .9N 5 51 67.. 1,3346,166 1,00-2 1ki rZ 1 9,4
21 Interest on unfunded debt
22 Total interest accrued& ........ 194,610 6,073, 767 556 59156 1, 354 10326 61J716
other deductions.. 2. 1 .............. ... .... ....97
To d .19 7 5z 92.24 ................. 45 ....




tOI 412 67...3 1,9 ,4 60 1 8,7 17 149++
25 Net incme .....................................3 _6,_ 3__ 54.1
2 dividend appropriation of income ad .. .
2 Total appropriations of income ........
28 income balance transferred to profit and 1s ... .. 4,167, 4d2

Ratios of Items

Per cent of Grand Total capitali~zation. (Item 9)
Common stock (3 to9) ......... .......9.2 35.4 11.6 100.0 53.9 2-5 .5. 54.0
r rred stock (.. to 9).................... ...... 6.1 ... ... l. 4



Total capita stc (5+++ t 9) ...... .. 4 3 5li. 000 3 925
Fe. debt 9) .............. .. 4 .2 56.o 2.7 101 Z3



7 te ln-em et( t : 05 5I: ... 6o021.
9s (Item logtrm0b)( o9 5- 56.5 88.9 ... 346.19- 6-4.
e nenss (11 to 10) .+6..... .....
12 Riwyoertn xess 1 o1)......9- 86:6 9 50.5 727 9: 7- 71,4 R lway t c s o .........ta... acr ( to 3.1 12. 7.7 2 5.2 9.0
1 Riway operating inome (134 to 10) .......0.9 7.3 0.34 36.7 13,6 28.317099
1? Eupent and aon facility rns(15 to 10) 1 1 1.0 j0i5
I et ala praigicm (16to 10) ........ 8.4 1.34 i6.1 18. 2.<13
17 0 ti cme (17 to 1 ............0.... .

9 Ren fo leuse rod .... to ) .-, +.............. .. 4 1 7 : 0 2. .7:44 .
20 I rest o f ebt (0 t ........... 205 3 696.9 ... lol.4 63-3 53. 16. .
21 Itrs n unfne debt (21 to8) ............, 2.6 234,1.4 : .
2 Toa interest acrued (22 to .) ........ .. 207. 911.2 0............. 54-3 17 0

+++24 Ot e de uc io 24+ t .... + + +.o +++ l +, ,............. . +.. ... + + ........... ++ ........ + 22.9. 5-9 ........ 0.9 1-3+ +
2 Toa dedcton 12t i 2 'i. 03l 66. 466.


~-2 Net++++ Income++ (25+ to+ 19)+ + ................. ......... ......... ....35-7 3.... 36+ ...... o
Per cen of Net Icm (Ie 25)

los (2 t'25 .. .. ... ..I ... .. ... ... .. ..100.0 ,... 100.0 4 0 .

See alo Soutwesen Reinfor this system.
d Deficit o other revre item.




26ITRTTECMEC CMISO
2590





Central Wetrnt Reiqon
~tmToledo,Uno aiiSytm1
ItmPeoria & Lou Angeles Orgo San oe Un Ion thwetr
Western & Salt Lake Short Line &Grn Pacific Ry.G. Paii R C .R R o R R G. R C o R L C .


Av-aemiles of road operated' .......t...277*10.0 2350 5-03736 0.810
Como l l sock ...4 U~ g........................... ..40.0790 2500,0007 t10,225.00 k,0 0252 ?.0 4305200 0
Prfre tok 9,99969~ 40 4 ~ &
?tJ Sita1 stock ............. .0 99oo3,00o.. oooo
Fude dbt -nmt d............... 59.022,000 121,852,000 4,000,000 25730 1050 00 3 90
7 te long-term deb~t................................ 16p271,690 31,362,003 118,500816,4
8Total pls1ongtr det.......... 5543690 8,78
75. 4b .~293,690 15,21iI,003 5,198,500 265,4 ,5 4:56000 1,0 9
10 Railway operating revenuesa.........................1,909,792 24:13:429 3499,4 11,28971O
11 Total maintenance exene ............ 75,9 84 11,950 449 1, 1 '1 5423972''' ,7*
j Rilw ta accruals ............... 102,000 1,7,3''0,0225430273 2 06.7
13ila oeatn Income ............ 51,735 2,962,214 6:3516 44i1,590 2,62 20 99,20 2,
1 Eupmnt an oin facility rents ... ..... d13!n d9437aad1014 d ll 9099429

le rilayoprain Icoe ............. 1 187,87 osL21 40 1 1,72 2 3







22 Tot l interest Qp accngreued ~ (.tem 10)1.,3286 518,6 2,30 1,8 0 247 U s cation 1Z3 2. to 410 22 29 7601 361
1oa a~ u i~~' to..,* *.. ... *.** 8771
1 ,d 4 68lo 2931 2





24~~~~~~~~ 19:51,-429 1 ,4-






BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM1 PRlIMINAR EPOR'S OF CRASS I8TEA A IWAiS
(NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDED DECEMBERlk1, 1924 (Does not inchde lessor companies)


Southwestern Region
Burlington Fort~ Smt seLnsMxc
Item Rot an oie an Fa
Wlcht- & Western Fort )Worth i11Umy
Vall Ry. Co. A Rio Grande Cico & Mexico & Meico
Vley CyCoi0sco Ry" Teas Orient OrientBy
ny. co. Ry* o.y. GO. F. ( 21 G

1 Miles of road owned (single track) ............... 52.05 197.16 221*74 13*33 79.a0 ap.46 :46
2 Average miles of road operated, .................. 271.92 249.75 23-52 60.80 13],95 272.2 46
3 Common stock ..................................... l,020,000 $1,248,000 2,928,300 50, 7.026 6 o000 6,00 0 ,000,0
4 Preferred stock .................................. ... 7 5 000
5 Total capital stock .................... 1,020,000 1,248,9000 2,929,300 57 9400
6 Funded debt unmatured ............................ 769,000 5,4400,000 4,467000 29 ,18 1, 000 59,000,000 9116,
7 Other long-torm debt ............................. ... ,
8 Total long-term debt ................... 769,0o0 400,000 7,9,064 265 91 590000 9
9 Grand total capitalization ....................... 1,789,000 6,648,000 10., 64 ) 7 5,2 o 79,000000 101
10 Railway operating revenues ....................... 1,907,319 1,909,116 157,49 95,99,81 2 0 2,36812
11 Total maintenance expenses ....................... 375,557 63,155 556 56 2258.530 4, 68 1
12 Railway operating expenses ....................... 929,693 1,4162, 30,,3 6o.571 ,33 1,4, 2,
13 Railway tax accruals ............................. 127,001 64,888 47,708 4 0 28,
14 Railway operating income ..................... .... 47,694 426,140 188,yl 20,8. 46
15 Equipment and joint facility rents ................... 80 1 111468 4 d 0.4 d
16 Net railway operating income ..................... ..599,635 252,844 1,43
17 other income ..................................... 22,535 660 5P6 91), xx 15,312
18 Total income ........................... 622, 170 253.504 19,377 21,5. 549 237,121 d 11,6 16
19 Rent for leased roads ........................... 29, 42 ... ... 3,895,827 20,219
20 Interest on funded debt .......................... 38,50 O 239,760 178,680 12,3 7,727 47,520 3,
21 Interest on unfunded debt ........................ 212 11,15 1,220 10- 176 1, 4 9 s
22 Total interest accrued ................. 38,662 251,075 179,900 122481
Other deductions ..................................10.7 182, 1,2 ... .,
2 Total deductions ........................ 268,004 251,075 180,97 16,561,1 6 69,563 1,201,8
2 Net income ........................................ 354,166 21429 4 161. 20 91
26 Dividend appropriation of income an surplus ..... 102,000 ... 104,b2.
27 Total appropriations of income ................... ... 122 29
28 Income balance transferred to profit and los 354,166 2,429 d 161,620 4,819081 167,558 0_1, d 1

Ratios of Items

Per cent of Grand Total Capitalization: (Item 9)
3 Common stock (3 to 9) ......................... 57.0 18. 27-5, 15.6 15.4 2539
Preferred stock (4 to 9) ... 2.3 ...
5 Total capital stock (5 to 9) ................... 7.0 18.7 17.9 15.4 2i*9
6 Funded debt unmatured (6 to 9) ................. 3.0 81.2 42.0 80.022.7 7.70
7 Other long-term debt (7 to 9) .................. 30.5 2.1 61
8 Total long-term debt (9 to 9) ................ 43.0 81.2 72.5 82.1 84. 74,7
Per cent of Railway Operating RevenueE: (Item 10)
11 Total maintenance expenses (11 to 10) .......... 19.7 34.7 36.0 32. 31.2 41.94
12 Railway operating expenses (12 to 10) .......... 437 74.2 6.5 70* 737 *7
14 Railway tax accruals (1) to 10) ................ 6 .4 -1 .2 1 13
14 Railway operating income (14 to 10) ........ 44. 22.3 8.3 24.3 24.8 10.0 115 Equipment and joint facility rents (15 to 10) .. ... ... ...
1 Net railway operating income (16 to 10) ........ 3i.4 13.2 0.9 2.0 10.9 ...6
Per cent of Total Income: (Item 18)
17 Other income (17 to 18) ........................ ..6 30.4 4.2 6*5
19 Rent fox leased roads (19 to 18) 1.... 36.9 18.1 .
20 Intercat on funded debt (20 to 18) ............. 62 94.5 922.1 57.6 20.0 ...
21 Interest on unfunded debt (21 to 18) ........... 45 63 05 0. ...
22 Total interest accrued (22 to 18) ..... -6.. 99.0 928.4 58.1 to.8 .1.
24 Other deductions (Z3 to 1). ... 5.7 0.8
Total deductions (24 to 18) .................... 43.1 99.0 934.1 77.0 29.3 ...
25 Net income (25 to 18) ... 56.9 1.0 ... 23.0 70.7 ...
Per cent of Net income: (Item 25)
27 Total appropriations of income (27 to 25) ...... ... ... 2.5 .- ..*
28 Income balance transferred to profit and
loss (29 to 25) .............................. 100.0 100.0 .97*5 100.0..

See aso Central Western Region for this system.
bned report of Corporation and receiver.
Including trackag rights.
d- Defficit or other reverse item.




28 INTERSTATE COMMERCE COMMISSION
2590
BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMIAY REPORTS OF LAITE RAW AYS
(NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR T YAR E DE C R 1
(Does not include lessor wmpanies)


Southwestern Region
Kansac City
Iouth rn stem Kansa, Louisiana Louisiana Louiiana M
Item Kansas &t Texasna 0 bOkrah .& & Arkansas valley
Southern Fort Smith Gulf Ry.Co. Ry.0o. Navigation Raviirti R.
Ry.Co. Ry. Co. 00. Co.0 Teus

1 Miles of road owned (ingle track) ............... 508.95 1.08 311.92 27336
2 Average miles of road operated* ................... 773.01 1.08 314.42 302.25
oron stock ............... ...... ............... 21,000,0900 01 8,593,9005 #0
preferred stock ............................... 219950:0 ... "63,175 :200 5
Total capital stock ..................... .. 5 ,959,9 100,000 9,207,112 5,00,000 8,5006,005 750
Funded debt unmatured ............................ 50829, 8 3 2,486,250 10,5439,711 .133,000 10 8,500 .
7 Other long-term debte.............................. 2, 27.6 15 ... ... ,
151 057 1498 2,496,250 10 1 3.133,000 l0,114,
Total long-term debt..................... 8,586,250 733300
9Grand total capitalization ............. -l59 ,5620 1: 2 .37900 11*U,5042NO 477:
10 Railway operating revenues ..........................131,753 2,892,262 2,,,1814, 0 34 14 :3 1 5
1 Total maintenance expenses ...................... 6 ..56, 9 7 987 1, 7 T1
12 Railway operating expense ....................... 13,696,561 1,559, 9b 1,92 ,286 2.972.372 3,108, 1 8 5
14 0Ri tax accruals............................. ...1,0 246 188,565 12,290 29 3 7,986
1 Railway operating income ......................... 3,338,899 1,142,482 130:61 75, 1704 150,2 1
E5 equipment and jotfacility rts ............. .50 157.414 4 42 '86 d
16 Net railway operating income ............ 10149 9~T57 222 b243i
17 Other income ........................................311, 41,6 32494 20864 618,27:1224
is Total incomes..............................o332 76~ 852 Z66,750 622,73 d"1 '1,4
19 Rent for leased roads .................................: 8,3,5 131 g ..9,7
20 Interest on fudddebt eb......................... .1.903' 7 124,1 27 163,180 47 17190 78'1
al interest on unfunded debt ........................ ,.4, 2 189 3:647 61e12:0,7
28 Total interest accrued ................. 1,928,588 126 283 7 163,908 17778
24 Other deductions ................................. 23,228 256 5
2 Ticometa de, utions....................... 1,951,756 252,17Z 26,900 87:068 48 4 6
2 Nt icoe ............................ 1,3891,010 600,793_ d____ 22,14 43,45 d70,95 d22,09 7;:,
29 Dividend appropriation of income and surplus 8 000,000 ......
2j Tota appropriations of income.................... 810,000 11il,250.
Income balance transferred to profit and loss .... 541,010 600,793 d iL114 3214,395 'a ui 527,2

Ratios of Items

Fer cent of Grand Total Capitalization: (Item 9)
Common stock (3 to 9)........................... 8.8 3.9 3.1 61.5 43. 100.0 20.3
Preferred stock (14 to 9) ........................2Q.. ... 43.7 .... ... 20.
Total capital stock 5 to 9)...................... 49:0 3.9 46.8 1- 1.a 100.0 0.
Funded debt unmatue (6 to 9) .......................48.3 96.1 53.2 38.5 .2 5Sther, log-term debt 7 to 9...................
Total long-term debt to ..........51 96.1 53,2 38.5 i 2
Per cent of Railway Operating Rievenues. (Item 10)
11 T m e penses (11 to 10) 3145 19.9 40.0 39.1 43.4 32. 3

9. 88. 501 --.5
12 Riay oprig expenses (12 to 10 75.5 539$817.66.
1 Ralway taxacrals 13 to 10)................. 6.0 6. 2., 7-. ...
1I Railway operating inoone (.14 to 10) .......18.4 39-5 .0 18.8 I4-51.22S equipment and Joint facility rents (15 to 10) ... ...
1 Net railway operating incme (16 to 10) ......... ..1 7 29.1 1.5 .. .
Fer cent of Total Income; (item 18)
17 Other Inome (17 to 11)........................ 9.........913.3, 5.. 18.
Rent fr leased roas 19 to 18) 14 5.8 2.0 6nteret on nded d 80 to 1 ...... .. 11 431..4 26.2
21 ntres o ufunde deb (21to 1) ........... 0.8 0.2 5.6 0.1.. A
22 Ttlitrstacud(2 to 18) ........ 57-9 114.8 437-02634.


Ne n o e ( 5 t 8 .+......... ........... +.4. 30, 0.+ .
25 el705 0.5.
Foer cent ofNet Income: (Item 85) 7.....
27 otal a#ppropriatilons of incoe(7t 2)... 60.8 ... 2- ... ... 27-5
28 Inomebalane~ transferred to proi n
los ( to 25 ............... 9. 1000 745 725


d- Dfit o reverse item.




INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASS I STEAM RA11WATS (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDED DECEMERA31, 1924 (Does not include lessor companies)


Southwestern Region
Missouri Missourii-sansas-Text# Linea Mssouri Pocfic Sytem
Item & North Missouri- Uis ouor Beaumont, Internation- Ne Orleans
Arkansas Kansas- anam- Sour Lake al Great Missouri Texas &
Ry, Co. Texas Texas & Western Northern Pacitfo Mexice
R..R.T o. R.R.Doof Ry. Co. R. R. Co. R. R. Co. R Co.
R.R. Co. Tea

I Miles of road owned (single track) ............... 33.20 1,725.71 870.06 84.29 1,106.00 6,820.15 1727
2 Average miles of road operated* .................. 364.57 1,803.8 11,389.26 118.75 1,159.50 7,35997 191.
3 Common stock ..................................*. $3,000,000 82,420, 000 1,400,000 6 85,000 t 7,500,000 $ 00 15,000,00
4 Preferred stock ........ ... 30,000,000 ... ... ...
3 Total capital stock -.-.......... 3,000,000 112,420,000 1,400,000 85,000 7,500,000 1 3 0 15,00a
6 Funded debt unmatured ............................ 3,500,000 152,534.539 50,681,276 2,057,125 37,060,245 0 30,
7 Other long-term debt ............................. ... 6 6 16, ...
8 Total long-term debt ................... .500,000 152,534,539 57:476,852 2,074,250 7.060,
9 Grand total capitalization ....................... 6,500 ,000 64 k 9 58,876,852 2.159,250 4 ,56
10 Railway operating revenues ....................... 1,587i4 34:48,3594 22,020,981 2,757,926 16 ,, 7
11 Total maintenance expenses ....................... 62,060 12,201, 161 6,879,1 7335 5 986
12 Railway operating expenses ....................... 1,391,594 23:356467 16,375. 1,70770 125955,240 98 2
13 Railway tax accrual& ............................. 24 ,305 0, 08 4
4 Railway operating income .......................... 169097 ,s Z 7 822,736 9 5 4
15 Equipment and joint facility rents ............... d ,68 4d 14190
16 Net railway operating income ..................... 3 8,912,P52 46 42 1
17 Other income ................................ 6 32.96 7,077 12 6 11,670 61 1,
18 Total income ........................... 69 ,621 9,054 37 3 2,673E9 i445 3. 12.174
19 Rent for leased roads ............................ ... 7,661 4 3,730 ... 16461 1 ,992. .
20 Interest on funded debt .......................... 210,000 6,9349 4 2,854,718 123,469 1,871,314 12,268,266 1,027,320
21 Interest on unfunded debt .................. ...... 7 18 14 10,323 10 1000 28562 ,
22 Total interest accrued ................. 210,007 6,967,62 2,865,041 128,279 1,872,314 12.553.948 1,0541
23 Other deductions ............................. 850 7.889 1,978 ... 11,71 179.288 15 3
24 Total deductions ....................... 210,857 6,983,212 3,330,749 128,279 1,900,476 12,881,a2s 1, ,
25 Net income ..................................... 141,36 2.322,236 30,M 159,289 773A43 6.503.217 1 N
26 Dividend appropriation of income and surplus ... 306,261 ... 136,322 ... ... ),Il:3)
27 Total appropriations of income ................. Sea
28 Income balance transferred to profit and lose .... d 141,236 2,322,236 430,874 159289 773.483 6503217 m099.531

Ratios of Items

Per cent of Grand Total Capitalisation: (Item 9)
Common stock (3 to 9) .......................... 46.2 31-1 2.4 3.9 16.8 19.2 33.0
4 preferred stock (4 to 9) ....................... 11. 16.7
Total capital stock (5 to 9) ................... 46.2 42.4 '.4 3.9 16.8 .0
Funded debt unmatured (6 to 9) ................. 53-8 57.6 86.0 95.3 93.2 R:1 U*9
7 Other long-term debt (7 to 9 ................... ... 11.6 0.8 ... 0.1
8 Total long-term debt (8 to 9 .................. 53-* 57.6 97.6 96.1 83.2 64.1 67.0
Per cent of Railway Operating Revenues: (Item 10)
11 Total maintenance expenses (11 to 10) .......... 39.2 35-4 30.1 25*9 35.4 36.8
12 Railway operating expenses (12 to 10) .......... 7.7 7.7 71.8 61.7 76.7 79.66
13 Railway tax accruals (13 to 10) ................ 1.5 76 2.7 2.9 3.3 3.7
11 Railway operating income (14 to 10) ............ 10.7 24.6 25-5 35.3 2o.o 16*5 22.6
15 Equipment and joint facility rents (15 to 10) .. ... 1.2 17
16 Net railway operating income (16 to 10) ........4.0 25.8 16.1 149 15.2 12.S 4o.4
Per cent of Total Income; (Item 18)
17 other income (17 to 1 ) ........................ 9.9 4.2 2.3 ... .1 .4 59*7
19 Rent for leased road (19 to 18)............... 12.3 .0.8
20 Interest or. funed debt to 18) ..........759 42 700 633
21 Intereet on unfunded debt (21 to 18) ........... ... 0.2 0. 1. 1. 0.8
22 Total interest accrued (22 to 18) .............. 301.6 74.9 76.2 44.6 70 64. 31.8
23 Other deduction: (23 to1) :..:............... 1.2 0.1 0.1 0.4 0.9 4.6
2 Total deductions (2 to 18) ..... ......... ..302.8 75.0 88.6 44.6 71.0 66*5 36.4
25 Net income (25 to 18) .... .......4 554 29.0 335 3.6
Per cent of Net income: (Item 25)
27 Total appropriations of income (27 to 25) ......... ... ... ... .. 0.3
28 Income balance transferred to profit and
loss (28 to 25) ............................. ... 1oo.0 10o.0 looIo loo.o 99.7

gluing trackage r rights.
d-Deficit or other reverse Item.




30 INTERSTATE COMMERCE COMMISON
250
BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROA PRELIMINARY RER OF
(NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR THE YEAR ENDED (Does not include lesor companies)

Southwestern Relion

Item a' U ne Ban Antonia nti
Brown lle T a & Saint Louis & Aransas Uva
&Jzo Pacific Southwest- Southwest- Pass RT. Co. G .
Ry. Gooneo Ry- Go.
1 kilea of road owned singlee track) ............... 5o4.28 1,849.36 616.89 697.-26 7 2 3 ,
2 Average miles of road operated* .................. 55022 1 69.10"0720 7 317.2 1,379...
Comnstock -................. 4 0 ,0 97390 $635 .0 .5,0 1,0 0 $ 9, 0 $2 04. 0
r to .. ............................... 23,03,0 19,83.650 ... .
STot. c .pta stoc ........... ..........66,81 362,50 2,750,000 100,000 20 2
Funded debt unmatured................... 2,93342 514,530,413 48,726,250 15,729.,500 17,5441 3,000 33 243,00
7 other long-term debt............................. ... .... 15.171 176 28:625,589
6 Total long-term debt................. ... 12 34,, 5 7
Grana total italization .....................997,223 497
opera revenue ....................... 7 4'14 3,7 185,055 26 7 44:48 1

14 Rola tax accruals............................ 371 261 71750 1 926, 743 321:, 7
railway operating income .......................... 2,11344 6:66,5 560 5.3,89 1,6
1 Equipment and joint faeility[rent8*...... d74 3 6.4 1 1484,501 d 19.5 a4.i 0'7
15 let railway opera ng income ..................... 1 5801,bil 6 526,1 7
17 other income L ...10723 36,226 26,474 7,0
isTtl1'm.............. TW 55 6,4, 1 4,622,083 562, W 778.710 1147,773~ 5,63 3
19 Rent for leaned roads ....................... .............. 195,272 130,350
20 Interest on funde debt............................74,801 2,170,339 2122614 4343 7 6 220
21 Interest on unfunded debt ......................... 3,300 #,2637,63 1 74
22 Total interest accrued .................. 776.101 2,1967 2, ,252 436,19 2
2 O other deductions e................................... 20 72,4 2 ,724 6,158 72
Total deductions ....................... 778,121 2,269,122 4a ,
2 ot income .......................................1,36,429 37,,4,3 d 57,466 d03 6132,a2 73:126 3,5 1
2 Didend appropriation of income ano surplus 654,911 7,, .. .....
7Tota appropriations of income .............. 707,79 35,43 ...6
29Income balance transferred to profit and loss'*: 1,36,1429 3,170,794 2,01 ,992 d 016 '18l ~ ~ 151,

Ratios of Items

Per cent of Grand Total Opitalization: (Item 9)
Common stock (3 to 9). .......................3.7 33.1 19 8.2 5.4 6.o
Preferred stock (4 to 9) 20234
T otal capital stock (5 to 42...............
.. .. . .. . :o .........
,,,dedetunmatured(Gto 9) ................96.3 3 94.6
7 Other long-term debt (7 to 9 4- ... ... 32.29:
Total lon-.tem debt (98 to 9 ..................3 46 7 91.8 4.
Per ant of Railway operation Revenus: (Item 10)
11 Total main ace e ,ss (11 to 10) .......... 3 3 53.1 4.1 4.203
12 Railwayo opeaig expense (12 to 10 ..... 58.31 74 6- 58.1- 7- 7
Railwa' tax. ccruals (13 0 10) ................ 7 5. 5 3.0 2.1 2
1 always operating ome114 to 10) ............ 37.1 19.7 27.14057 1 22
12 Equipment and joUit facility' rents (15 to 10) .
Net railw operating income (16 to 10) 17.1 28 65 10.1 931.1
Per cent of Total Income: (item 18)
17 other nome (17 to 18) ......................... ... 5.6 10.0 6.4 3.4 0.510
SRent for eerd 1 to 1) ............... 4.2 23.2
Interest on ebt 20 to 1E) ...........3,8 77-3 90.1 149-3 61
Interest on unf e db ( ............ .2 04. 92.8 0.2 0
22 T Int accrued 2to ) .............. 36.8 35.7 43.9 77.1 2.9 149-5 61.4
24 Ote eutos(3to is 1 ..... .2 0 1.1 1. .. 0
2 i........................... .3.2 1. 51.4 .9 11.0 .. 379
ae 25) ... 18.2 15.2 ...... ...
28 Income balancetrnerd to profit and
l ( 25).......................... ......100.0 81.8 1 84.8 1 7048


S- t e1 Cetral wser gion for this system.
V -_ ncluintrackage rigts
d- Elicit or other reverse item.




INTERSTATE COMMERCE COMISO
BUREAU OF STATISTICS
STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OFE (NOT INCLUDING SWITCHING AND TERMINAL COMPANIES) FOR TEE YEARE DECEMBE 1, 19't
(Does not include lessor companies)


Southwestern Region
Hoso outhern Pacific Lines l/ CoQnt'd. Vikb
IteHs kouston & :ouaon ion:nt & R
Tetes en Eas t & Wes~t Ln Louaiana & ]Texan & Brzo Vic........
R est Westr n Txas R. R. New Orleans
R._ Co. Cas R.R. Co. & steam- R. Ry.6., a
-'"~hi C" Ry. Co. I I + + + i+iP ++i

I Miles of road owned (single track) ................ 190. 59 207. 37 5.37 466.12a 302.91 1..5..
2 Average miles of road operated* .................. 924.6 191.60 207.74 0.67 507.95 3. 199.46
Com .. stock ..................................... ... O,oe,ode0 1,920,000 $3,360,000 l15,000,000 I 5Q, ,0 # m34,o $ 6
preferred stock ................................. ... 2 80
5Total Capital stock ........................10,000,000oo 1,920,000 3,360,000 15,000,000 5,000,000 0o4,000 4 30
Funded debt unmatured ............................ 7,950,000 3,000,000 ... 6,429,000 9,990,723 l 370 3
other long-term debt ............................. ... ,989,35 ... 4, 90,771
Total long-term debt ........................7950,000 4,999,355 .. 11,419,771 23,872.240 9,871,013 3, 0
9 Grand total capitalization ....................... 17,50,000 6,909,355 360,O00 26,41,771 28,672240 1 70
10 Railway operating revenues ....................... 15.627,314 3,201, 70 4:1.7,06 8,1452,982 ,292:765 2,6372 4:,
11 Total maintenance expenses 2....................... 5, j11s6 [1,54 1 73 7,309360 l3 1 15,099 1 470 274
12 Railway operating expenses ........................... ii 4 28 93 29 5734 7,5,02 8,099,538 :9,0 :2:7
1 always tax accruals ............................. 749,280 .. 95,206 367,7614 602,918 351,119 912 27,795
Railway operating income ......................... 3242,166 295,70 31,37 241:7I2.... 2 367,
1 Equipment and joint facility rents ............... d d202703 d 162134649 d 21 7 48,966 d 17 d 1
1 Net railway operating income ..................... 133,549 832,022 d 51, d u 5 480,Q47
...ag 6, ,s ].,549 95,o 12 1I 5178 lbU 47,96
1 Other income ........................................ 9 6
Total income.......................... .2,621, 76 139.798 927,11 1,325 420,70 ds, 52
19 Rent for leased roads................................ 13b ... ...
20 Interest on funded debt .......................... 4.. 139140 23, 50 ... 650,129 1,229,165 599 5 2 201 00
21 interest on unfunded debt ........................ 4,494 31451 2,279 1,476 3,221 2 1:764
22 Total interest accrued ................. .9 241,901 2,279 651,05 1,232,386 590,6 204 ,16
Total deductions... ............... ............1254750715 /I
Ote dedotos................................241,9o6 2,799 66658~ 1,232,5147 9,1 0,7
25 Net income ...................................... 2,174:472 d 102,109 924,360 d 665,263 d 811,839
26 Dividendl appropriation of income and surplus ...600,000 ... 504,000....22,o
27 Total appropriations of income ................... 2.. 14:993 d 1 9 d 65..... d g 20,129
28 Income balance transferred to profit and loss 2,.14 I a 9a11.,3o I 666.263 79 811,81 4. 678.160 3

Ratios of Items

per cent of Grand Total Capitalization: (Item 9)
Common stock (3 to 9) .......................... 55.7 27.8 100.0 56.8 17.3 3.0 320
Preferred stock (4 to 9) .......................... ...... ...... ... 2.2
Total capital stock (5 to 9) 2,. ooo 00. 56. 7.
Funded debt unm.tured (6 to 9) ......... ... 4.0
other long-term debt 7 to 9 ................... ...3 7.8 ... 18.9 82 .7 .7.
9 Total long-term debt (9 to 9 44 72.2 ,0 ...432279-03.
Oter1.mgtem eb to 9. ................... .....2.8... 18.9 .
Per cent of Railway Operating Revenues; (Item 10)
1i Total maintenance expenses (11 to 10 36. 148.3 32.1 141.3 46.0 43.3 4
12 Railway operating expenses (12 to 10) ........14.1 87.7 71.14 89.9 7.3 90.0 11
1 Railway tax accrual, (13 to 10)................., 3.0 .71 31 _.4.6
Railway operating income (114 to 10) 20.7 9.2 19.8 2.9 8.9 6.5 15-3
9 SEquipment and joint facility rents (15 to1.. .....
1 Nt railway operating income (16 to 10) 16.1.. 24.1 198i 14.0 ... 11.3
17 Oer etif a ncome (Itemo 18) .......................... 3.8 14.5 10.3 7,9982 12,3 9.1

20 Interest on funded debt (20 to 18) 16.8...... 170.5 ... 49, 0 6 2 ....
21 Interest on unfunded deot (21 to 18) ........... 013 2 6:2,1 ... ,+.
2 Total interest accrued (22 to 1) .............. 17:1 1730 0. 49
2 Other 4eduction (23 1 ...................... 0.1 11.0.0
2 Toadeutos(4 18............................17. 173. 0.3 50.308.5 229
25 Net inome (25 to 18).......................... 82.9 ... 99.7 ... ......6
Per et of Nt Zncome; (item 25)
27 Total appropriations of income (27 to 25) ...... 0.7 .........
28 incoe balan e transferred to profit and ..
lose-- t o 259 .............................. 9-.3 100.0 .1...


,, also Southern .egion f 57. .
Def ici orther revere* Its&.




32 ~~INTERSTATE COMMERCE CMISO
2590
BUREAU Op STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMNARY RCH
TERMINAL COMPANIES FOR THE YEAR ENDED DEEB 31, 12
(Does not include lessor comPaies)

Great Lakes Region

Baltimor~t e &Broln Es
Item Detroit Indiana Lake N'rburgh & Ohio Ciao B
Terminal Harbor Belt Terminal South Shre Terminl Ry. Co. of Di
R, H. CO. R. R. Co. RH.R. Co. Ry. Co. R.R. Co. Cicag

1 il.es. of first main track owned .1.00 455 1337 5.59 71 .65
2 Mile of fir&t main track operated ........ z677 116.29 13.37 7.03 90-71
3a Commnon stock 42,000,000 t 5,000,CQO $2,000,000 41,500,000 4 8,000,000 03,120,000 6 5,0$62,0
4 preferred stock .................................. .......
Total capital stock .................... 2000,000 5,000,000 2,000,000 1,500 000 8,000,000 200
6 Funded debt unmatured ............................ ... 8,694,500 ... 32,59,000 ... .
7Other long-term debt................................ 3, 30, 7.48 1,503,500 1)165oC00 436,177 ....
Total long--term debt ................... ... 12,003,248 1,503,500 1,165,000 33,295.177
9 Grand total capitalization ....................... 2,000,000 17,003,248 3,503,500 2,665 ,000 41,295,177 3
10 Railway operating revenues ........................ 2,269,353 10,776,697 1,060,849 2,017,985 3,542 ,926 6,841, 1,7
11 Total maintenance expenses ....................... ..46, 720 3423360 863,115 55 996 1,295,997
12 Railway operating expenses ................ .1 ,86 4
1 Railway taa accruals ......................... .219,84 322,669 1 9 0, ?4 ,21
l1i Railway operating income ............................366,868 2,298,890 d 2:7 149,25 d3488 1,30742W6 90.5
15 Equipment and joint facility rents ................ 129,563 d1.436.593 2,1 57,71 8
16 Hot railway operating Income .................... 496,1431 52,97 d 2,2 206,9734N 6 11725455b bi1i
17 Other Income...................... 109,078 o0,135 iUb 5,803 8 7 8 3
8Total 6............................ 124363 2
19 Rent for lased road@s................. ........ 31,870 ... 10 1,606,562 ,7
20 Interest on unded debt.. ........................ .. 461,585 .. 6,974 1,323,3899
21 Interest on unfunded debt ........................... 547 43 37 --i',08 163
22 Total interest accrued ................... .. 462,1 2 ... 6 4 3 ....
2 other deductions ................................. ,224 309,47 120 635 16 6 22 ;00634
2 Total deductions ..................... .. .1,024 .24 9 64 6 10 34, 60 1,60CZ 60
2Net income ....................................... .........7.3 d 124,"3 148167 4 6 254,03
2 Dividend appropriation of income and surplus........ 200,000 ... _. 1__,200 .
27 Total appropriations of income .................. 5,g650
28 Income balance transferred to profit and lovs .... 6,285 4i7,3493 d iiL.48 i4i,167 d*44',961 2. 30,836 11,9

Ratios of Items

Per cent of Grand Total capitalization: (item 9)
Common stock (3 to 9)............................ 100.0 29.5 57.1 56.3 19.4 100.0 10~0.0 100.0
Preferred stock (4 to 9) ........................... .
5 TtalCapital "tock (5 to 9) .................... 10. 29.5 57.1 56.3 1. 9. 0. 0.
Funded debt nnatured (6 to 9) ................. .... 51.1 ... .. 79.6 ...
7 Other long-term debt (7 to 9. 19.4 .429 '43.7 1.0
8 Total long-term debt (8 to 9)...... .... 7.- 4.: 43-7 so.6
Per cent of Railway Operating Revenues: (Iiem i0) ... 70. 42.9 4.7 00.
11 Total maintenance expenses (11 to 10 20.5 28.5 39.9 42..
12 Railway operating expenses (12 to 10 714.1 75.6 105-1 84.0 96.6 66.9 62a57
Railway tax accruals (13 to 10) 9.7 3.0 7.0 Z.6 13.3 7.0 5-8Riwyoperating income (14 to 10) 16.2 21.3 7.4 25.4~ 3214
15 Equipment ana joint facility rents (15 to10) 5.7 0.2 2.9 23.2..09..
Net railway operating income (16 t .....10) 21.9 : -, 10.3 2. 330 3
Pent of Total Income; (item 18)
per en
17 Other income (17 to is) ......................... .0 8.5 ... .7 63.4 .0 4 0-5
19 Rentforleasedroads(19 tol1)............... 3.. 3.1
20 Interest on funded debt (20 to 1) ... 49.0 .21 Interest on unfunded debt (21 to 1) ........... ... *6.2 ...
22 Total interest accrued (22 to 18) ............... ... 2 9. ... 3064 0.2.Z .....
2 Other d uctiono (23 t 1o 1) 3.......................3 o .. 83.1
2o Total deductions 2 to 1 ............... ...... 0.2 ... 586.
25 Net income (25 to 18) ...... ............. 99.3 ... 69.6 1.. 7.8 1 :9
Per cent of Not Income: (Item 25)
27 Tota pritions of income (27 to 25) .......... 100. 1. .
28 icom balncetransferred to profit n.
los (28 to 5) ......................... 100.0 100.0 100.0 ... ... 026 100.0

d other r iem.




INTERSTATE COMMERCE COMMISSION
BUREAU OF STATISTICS

STATEMENT OF CAPITALIZATION AND INCOME ITEMS TAKEN FROM PRELIMINARY REPORTS OF CLASS I SWITCHING AND TERMINAL COMPANIES FOR THE YEAR ENDED DECEMBER 31, 1924
(Does not include lessor companies)

North- _e iral
Central Lastern Region western We tern southwestern Region
Region Region
l=ononghel, Union Chicago Peoria & sn Louis T
Item R. R. Co. River & Pekin Gal ton Merchants an..... .
Connecting Wharf Bridge Transfer o
R. R. Co. (of Pennsyl- Indiana Union 0. T Ry. Co.
vania) R. C. Ry. 00. Ry.Co. Lous

I Rle of first main track owned ............ ...... 728 20.61 3.15 16.11 13.50 6.00 ... 10
2 Miles of first main track operated ............... 7.28 45.80 19.67 19.64 1350 6.00 6.07 8:W
Cmn stock. ..................................... 750,000 o5,000,000 500,0o0 $1,000,000 J2,626,600 02,939,500 S 200,000 3,04".800
preferred took .................................. ... ,. ... ... ...
Total capital stock ..................... 0.0.,000 5 060,000 500,00 1 000 000 2,66,60o 2,939,500 20,00 3.087,800
Funded debt unmetured ............................. .... 10,000,000 1,115,900 3,968,000 1,661,000 5.500,000 ... 12,5000
Other long-term debt ............................. 1,459,162 .........
8Total long-term debt ......................1,1459,162 10,000,000 1,115,900 3,968,000 1,661,ooo 5,00,000 142.850,800
9 Grand total capitalization ....................... .2,209,162 15,000,000 1,615,900 4,968,000 14,287,600 ,439 500 200,000 45,938,600
10 Railway operating revenues ....................... .949.109 10,719,728 6,951,860 1,815,863 1,805.767 14,609,1469 787.275 ',l3,8
11 Total maintenance expense ............................ 6 6 4 467 1 09678 0 1 713,019 1,259 ,676 195,237 1,03
11 Railway operating expense .......................... 1 05 9,880,392 4, 255 86,N4 1 7 227 659,703 3
11Railway taX accrual4 --O 1............ o32 14,928 1T1,000 228,862 284967 2,976 71,7
Railway operating income 66.,6,1N 4 1,895,27 158,619 23 ,452 748, 62 12 846 752939
11 Whpuent and joint facility rents ............... 74,926 1,31357 272,1 d 21 5363 8 1 119,10
17 Other income.............................................185,100 l4,' o3 3,7:5 10,364 6 7 1,791 5'5
16 eIt railway operating income 1,4750 3,0,5.7. .313 738 56
Total income............................. 271 1,602,650 3,313 ,258 46 .58 2149,795 859,402 56,856 2,390,99
19 Rent for leased roads ............................ 12,go460,000 2,000, 0 8,000 10,000 135,311 69.900
20 interest on funded debt .......... .............. 70,067 564,813 59,314 233,113 295,000 ... 1 ,490,554
21 Interest on unfunded debt..................... ... 646 179 545 7 1,001
22 Total Interest accrued ......................0067 5614,813 60,030 233,292 88l,603 295,545 7 1, 49 E5
2 Other deductions................ .... ... 50045 98,773 178,465 2,871 350 175,287 21,357
24 Total deductions ...................... 1.. 1147,112 1,123, 5 6 2,238:,495 2141,163 88,3 4 0,832 156,675 2
2 Net Inoome ................ ............... d 150,383 179,6q 1,0714, 763 222 425 160,842 378,570 d98d74
Dividend appropriation of income and surplus ... 500,000 50,000 ... T131
27 Total appropriations of Income ......................17,786 233,756 50,000 98,120 160,842 21'7,.08
28 Incoms balance transferred to profit and loss .... 168,169 21308 1,0214,763 124,305 ... 378,570

Ratios of Items

Per cent of Grand Total Capitalisation: (Item 9)
oamn took (3 to 9) ....................... .. 3 3.9 33.3 30.9 20.1 61.3 34.8a 100.0 6,?
Pferred stock (4 to 9) .................
Total capital stock (5 to 9) ....................--39 33.3 30.9 20.1 61:3 34.9 100.0
Funded debt unmatured (6 to ................ ,67 69.1 79-9 38.7 65.2
7 Other lon-.term debt (7 to 9. ........... ....... ...
8 Total long-term debt 8 to 9 ................. .. 66.1 66.7 6.1 79.9 38.7 :2 ... 93
For cent of Railway Operating Revenues; (Item 10)
11 Total maintenance expenses (11 to 10) 37.8 4-4..4 214.6 30.7 3 2 3 214.8 31.14
12 Railway operating expense. (12 to 10) 94.4 92.2 66.2 81.8 .1 77.5 838 70.9
1 Railway tax accruals (13 to 10) .................3.1 1.6 6.4 9.4 12.7 .2 0.4 14.2
1 Rilway operating income (14 to 10) .2........... .5 6.2 27.2 8.7 13.3 16.2 15.7 14.8
ij Supmt and joint facility rents (15 to 10) .. ... 7.0 19.0 15.0 ... 1.0 21.9
1 Not railway operating income (16 to 10) ........ 132 146.2 23.7 13.3 17.2 7.0 36.7
Per cent of Total Income: (Item 18)
17 Reor inee (17 to a ) ........... ..... 11.5 3.2 7.7 4.1 7.6 3.2 21.7
17 Rter i ed ( to 18 ) ........ 28.7 60.4 1.7 ... 1230 28.0
20 Interest on funded debt (20 to 18) ................. 35.2 1.8 50.0 35.5 34.3 -.
21 Interest on unfunded debt (21 to 18) ... ... ... ...
22 Total interest accrued (22 to 18) 1"" 1.8 50.0 355 34. 6
Other d....o(2 t 1 ..)................. ... .2 5:4 o.6 0.1 20.t 37*. 12.8
... 7015.36565.
24+ Toa deutions(2 to 18) ..................... 70.16. 233 6 4.9 27. 103 -1+
85 Not Income (25 to 18) .......................... ... 29.9 32.4 177 644
For cent of Net Income: (Item 25)
Total appropriations of income (27 to 25) ......... 4.8 14.6 44.1 100.0 ......
8 Income balance transferred to profit and 1
loss (28 to 25).............................. 512 95.4 55.9 ... 1 0.

d Deficit or other reverse %tem.








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