Operating revenues and operating expenses of large steam railways

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Operating revenues and operating expenses of large steam railways
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United States -- Interstate Commerce Commission. -- Bureau of Statistics
United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics
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The Bureau ( Washington, D.C )

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UNIV. OF FL Lii.
DUMENTTI DEPTO

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UNIVERSITY OF FLORIDA


Ill3121111 II '6ll !l I 1011ll IIIIIIIIHIIIIIIII INTERSTATE COMMERCE COMMISSION

BUREAU OF STATISTICS



OPERATING REVENUES AND OPERATING EXPENSES-SELECTED ITEMS FOR LARGE STEAM RAILWAYS


Statement No. M-150
JANUARY, 1940


FOR THE MONTH OF JANUARY, 1940 AND 1939
Operating revenues Operating expenses Maintenance Transportation
expenses, expenses,
Freight Passenger Net Oper- percent of percent of
Miles Depreci- railway ating
Region, road, and year of road Per- Per- All ation in- oper- ratio
operated Amount cent Amount cent Total mainte- eluded atlng (per- Oper- Oper- Oper- Oper-
at close in- in- nance in pre- Total income* cent) atin g ating ating ating
of month create crease ceding reve- ex- reve- ex-
column nues penses nues penss
(a) (b) (c) (d) (e) (f) (g) (h) (i) (J) (k) (1) (m) (n) (o)
(Money items in thousands of dollars)-

Total-Roads listed herein............................ 1940 200,120 $251,031 15.2 $33,819 31 $309,069 $92,202 $15,236 8231,56895 $39,694 74.9 29.8 39.8 38.5 51.4
1939 200,750 217,946 32,75 272,930 $3,529 15,148 209,085 28,421 76.6 30.6 39.9 35.8 50.6
New England Region:
Boston & Maine .................. ....................... 1940 1,910 3,013 10.5 5588 1.2 4,0792 1,099 120 2,985 548 73.2 26.9 36.8 10.7 55.6
1939 1,959 2,727 551 3,626 966 130 2,764 479 72.2 25.2 34.9 141.3 57.2
New York. New Haven X Hartford--........... 1940 1,867 4,202 15.9 2,134 1 2.0 7,034 1,844 275 5,113 741 72.7 26.2 36.1 39.5 54.3
1939 1,884 3,627 2,179 -- 6,479 1,730 283 4,782 554 73.8 26.7 36.2 40.1 54.3
Great Lakes Region:
Delaware & Hudson--.......-....--........ .....1940 8146 2,238 17.2 101 d 5.6 2,452 713 856 1,688 511 6.9 29.1 42.3 34.4 499
1939 831 1,909 107 2,097 502 85 1,4o4 529 67.0 24.0 35.5 36.6 54.6
Delaware, Lackawanna & Western.._...----- 1940 995 3,851 24.5 549 d 3.6 4,830 1,153 200 3,592 707 74.4 23.9 32.1 45.0o 60.5
1939 956 3,092 570 14,059 935 204 35117 492 76.2 23.0 30.1 47.3 62.0
Erie (including Chicago & Erie).............. 1940 2,268 6,300 15.0 398 1.5 7,117 1,908 299 5,143 1,080 72.3 26.8 37.1 39.3 54.3
1939 2,290 5,477 392 6,275 1,814 307 4,732 745 75.4 28.9 38.3 39.9 52.9
Grand Trunk Western-- ---...............---- 1940 1,029 1,901 20.3 81 d 3.2 2,125 647 99 1,620 286 76. 30.4 39.9 41.0 53.7
1939 1,032 1,580 83 1,502 600 96 1,504 97 83.4 33.3 39.9 43.9 52.6
Lehigh Valley-------................---------- 19940 1,282 3,928 13.6 18 6.7 4, 340 914 177 2,966 668.3 221.1 30.8 0 41.9 61:
19390 1,285 3,958 13. 6. 3,854 507 179 2,b688 36 69.j 20.9 30.0 42.3 60
New York Central a/----------/ ---1940 11,008 23,190 19.6 5,354 2.0 31.737 9.070 1,317 23,450 3,796 73.9 28.6 35.7 39.3 53.2
1939 11,043 19,390 5,250 27,503 8.537 1,316 21,037 2,147 76.5 31.0 40.6 3. 50.7
New York, Chicago & St. Louis ---.---- _... 1940 1,705 3,877 22.8 67 7.7 4,056 977 133 2,693 795 66.4 24.1 36.3 36.3 54.6
1939 1,704 3,156 72 3,330 838 133 2,315 539 69.5 25.2 36.2 37.3 53;6
Pere Marquette-------. .-------------....... .. 1940 2,115 2,692 22.4 86 d 6.6 2.900 897 191 2,130 447 73.5 30.9 42.1 37.1 50.5
1939 2,115 2,199 92 2,393 793 198 1,897 179 79.3 33.1 41.8 39.7 50.0
Pittsburgh & Lake Erie-.....------..... ...... 1940 233 1,781 50.9 47 d 1.0 1,55 56 187 1,566 350 53.1 4.4 54.7 31.Z 82
1939 233 1,180 48 1,274 575 157 1,176 175 92.3 45.1 48.9 38.6 18
Wabash_....--------------------------...... --- 1940 2,409 3,373 9.3 223 1.0 3,896 1,061 180 3.005 316 77.1 27.2 35.3 41.8 54.2
1939 2,410 3,088 221 3,550 1,012 179 2,797 175 78.8 28.5 36.2 41.5 52.7
Central Eastern Region:
Baltimore & Ohio-- ...------- ------1940 6,32 12,8510 23.6 585 114,1474 4,933 597 11,3441 1,766 75.4 534.1 43.5 37.7 : 1 .1
1939 6,405 10,365 550 11,953 3,466 601 9,052 1,671 75.7 29.0 38.3 38.6 50.9
Central of New Jersey. ----------.....-....... 1940 710 2,73 33.9 33 3.1 3,22 801 117 2,256 391 69.0 24.5 35.5 40.5 58.8
1939 712 2,0:45 349 2,565 718 116 1,981 4 77.2 28.0 36.3 43.9 56.9
Chicago & Eastern Illinois .......------.--- 1940 925 1,060 13.5 166 14.2 1,379 3 50 1,089 81 79.0 28.4 36.0 41.4 52.5
1939 927 934' 146 1,231 346 49 977 43 79.4 28.1 35.4 41.5 52.2
Elgin, Joliet & Eastern -------...---------.. 1940 390 1,712 28.8 1,983 452 78 1,262 395 63.6 22.5 8 35.8 38.3 60.3
1939 390 1,329 1,450 377 82 955 322 64.5 25.5 39.5 35.5 55.0
Long Island. ---....................-.- --...---........ 1940 379 5584 10.9 1,184 d 2.4 1,86150 5852 97 1,599 a 1 856.4 31.5 36.4 52.7 61.0
1939 383 527 1,212 1,526 547 95 1,561 5 d 85.5 29.9 35.0 53.2 62.2
Pennsylvania--- ..................---..---..-.. .... 1940 10,270 28,833 21.1 6,509 3.0 38,496 12,280 2,194 29,037 5,516 75.4 31.9 42.3 38.2 50.7
1939 10,289 23,816 6,319 32,897 10,402 2,145 24,643 5,034 74.9 31.6 42.2 37.5 50.1
Reading.................- -------......---------- 1940 1,451 5,016 20.6 275 a 12.3 2 5,550 1,372 29 3,725 1,183 67.1 24.7 36.58 3.3 37.1
1939 1,450 4,160 313 4,663 1,186 2 3,28 960 70.5 25.4 36.1 40.3 57.2
Pocahontas Region:
Chesapeake & Ohio --------------------------- 1940 3,117 10,196 18.1 266 11.1 10,761 3,075 l01 6,320 3,466 58.7 28.6 48.7 25.0 42.5
1939 3,110 8,632 239 9,136 2,926 690 5,732 2,429 62.7 32.0 51.0 25.1 40.0
Norfolk & Western..........._----------....... 1940 2,191 8,478 24.2 180 11.6 8,901 2,469 506 4,790 3,100 53.8 27.7 51.5 22.2 41.2
1939 2,191 6,827 161 7,203 2,192 415 4,246 2,101 58.9 30.4 51.6 23.9 40.5
Southern Region:
Atlantic Coast Line-....................................... 1940 5,104 3,288 6.0 967 26.1 4,732 1,299 168 3,624 377 76.6 27.4 3558 40.2 52.4
1939 5,105 3,101 767 4,341 1,216 177 3,318 337 76.4 28.0 36.6 39.4 51.5
Central of Georgia.................. .....1940 1,871 1,055 5.2 124 6.4 1,333 451 71 1,194 5 89.5 33.8 37.7 45.6 50.9
1939 1,871 1,003 117 1,271 427 71 1,116 4 87.5 33.6 38.2 44.0 50.1
Illinois Central-----.................................. 1940 4,949 7,229 11.-4 8 87 5.9 8,62 2,508 524 6,612 1,219 76.2 28.9 37.9 40.7 53.4
1939 4,949 6,48 29 7,550 2,39 51 6,001 1,061 76.4 30.4 39.8 39.3 514
Louisville & Nashville................................... 1940 14,71 7,541 15.2 580 3.7 5,653 2,962 35 6,440 1,432 74.4 34.2 46.0 34.7 46.6
1939 4,925 6,380 559 7,145 2,355 31 5,401 1,374 72.4 31.5 43.6 34.5 47.7
Seaboard Air Line.............................................. 1940 4,314 3,2853 12.1 914 21.2 4,575 1,317 191 3,485 5358 76.2 28.8 37.8 37.6 49.4
1939 4,317 2,930 754 4,044 1,259 178 3,171 361 75.4 31.9 40.6 36.4 46.4
Southern-................._ ...................................1940 6,614 7,265 9.4 782 10.2 85,702 2,660 294 6,289 1,360 72.3 30.6 42.3 35.9 49.6
1939 6,693 6,637 709 5,001 2,290 214 5,630 1,371 70.14 2.6 40.7 355 50.9
Yazoo & Mississippi Valley................... 1940 1,619 1,055 9 .8 56 a 2.4 1,185 284 38 901 64 76.0 24.0 o 1.6 45.0 59.2
1939 1,619 969 571 _____ 1,106 298 39 557 385 77.5 27.0 34.58 43.9 56.6

"net railway operating income" is derived from "Railway operating income', modified by debits and credits arising from "Equipment rented" anda "Joint facility rent".
Percent increase computed on units of dollars.
if Inoludeas Boston & Albany, leessor to New York Central.
d Deficit or other reverse items.
(Over)







INTERSTATE COMMERCE COMMISSION


JANUARY, 1940


BUREAU OF STATISTICS




OPERATING REVENUES AND OPERATING EXPENSES-SELECTED ITEMS FOR LARGE STEAM RAILWAYS-Continued.



FOR THE MONTH OF JANUARY, 1940 AND 1939
Operating revenues Operating expenses Maintenance Transportation
expenses, expenses,
Freight Passenger Net Oper- percent of percent of
Miles Depreci- railway ating____
Region, road, and year of road Per- Per- All ation in- oper- ratio
operated Amount cent Amount cent Total mainte- eluded ating (per- Oper- Oper- Oper- Oper-
at close in- in- nance in pre- Total income* cent) ating ating ating ating
of month crease crease ceding reve- ex- reve- ex-
column nues penses nues penses
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (1) (m) (n) (o)
(Money items in thousands of dollars)**

Northwestern Region: $6,877 $2,342 $411 ,600 $3 974 339 40:9 460 526
Chicago & North Western .......... ---------------- 1940 8,327 $5,167 11.8 909 23 2,332 4 608 13 87.4 33.9 38.8 46.0 52.6
1939 ,33 4, 624 888 6,208 2,241 415 5,579 d 215 89.9 36.1 40.2 45.8 51.0
41 1,53 7 465,11 7o 6 29. 3
Chicago Great Western. ------------------1940 1,502 1,300 6.7 d 4 457 46 70 76.9 28 38.7 39.9 51.9
..3.............437 451,121 34 77.5 302 39.0 39.3 50.7
1939 1,505 1,300 43 1 4371,130.2
Chicago, Milwaukee, St. Paul & Pacific.... 1940 10,890 ,676 .14.1 668 3.2 9,168 2,584 488 6,812 1,218 74.3 28.2 37.9 39.5 53.2
1939 10,9M2 6,728 647 8,096 2,599 483 6,535 437 80.7 32.1 39.8 41.5 51.4
Chicago. St. Paul, Minneapolis & Omaha_-. 1940 1,629 1,259 17.4 134 5 1,482 361 47 1,205 44 81.4 24.4 30.0 49.5 60.9
1939 1,629 1,073 113 1.5 1,267 365 48 1,154 d 95 91.1 28.8 31.7 54.0 59.3
Great Northern .......a--------------- ------ 9140 8.070 4.783 9.2 334 d6.7 5,591 1,869 307 4574 229 81.8 33.4 40.9 40.8 49.8
1939 9,072 4,382 358 d,17 1,787 308 4,431 d 99 85.7 34.6 403 2. 50.0
Minneapolis, St. Paul & $ault Ste. Marie 1940 4,285 1,65 20. 6 d 16.3 2,075 648 102 1,795 15 86.5 31.2 36.1 48.2 55.7
1939 4,290 1,52-7 0 1,755 629 102 1,683 d.216 95.9 35.8 37.4 51.7 53.9
Northern Pacific--- ------........ 940 6,720 3,849 10.3 300 4,587 1,518 279 3,926 459 85.6 33.1 38.7 43.1 50-3
1939 6,721 3,490 297 1.3 4,190 1,388 282 3,675 271 87.7 33.1 37.8 43.9 50.1
Central Western Region:
Alton-.......--------------.. -----------__ ----- 1940 959 867 11.5 22 22 d .2 1,283 405 21 1,109 d 9 86.5 31.6 36. 2 45.9 53.1
1939 959 777 222 --- 1,180 325 21 967 81.9 27.5 33 44.9 54.8
Atchison, Topeka & Sante Fe k/ 1940 13,421 9,414 54 1,471 8.5 11,968 4,538 980 10,180 540 85.1 37.9 44.6 40.1 47.1
1939 13,475 8,936 1,355 11,310 4,289 978 9,763 143 86.3 37.9 43.9 40.9 47.4
Chicago, Burlington & Quincy,.-----------...... 1940 9,004 6,392 O .7 734 1.1 7,940 2,4l01 432 6,122 752 77.1 30.2 39.2 40.2 52.2
1939 8,941 5,773 726 7,256 2,097 432 5,422 752 74.7 28.9 38.7 38.6 51.6
Chicago, Rock Island & Pacific -/..---.-.... 1940 7,858 4,983 2. 736 8.4 6,310 1,902 341 5,186 306 82.2 30.1 36.7 42.3 51.5
1939 7,968 4,86 679 6,100 1,909 345 5,024 268 82.4 31.3 38.0 41.4 50.3
Denver & Rio Grande Western---.----...........--.------ 1940 2,554 1,888 1 4 119 15.0 2,107 664 104 1,603 245 76.1 31.5 41.4 37.3 49.0
1939 2,563 1,665 14 103 1,852 616 101 1,457 145 78.7 33.3 42.3 37.1 47.1
Southern Pacific Company o/ -----.-... ........... 1940 8,642 11,086 14. 1,500 d 1 6 13,701 4,056 545 10,804 1,040 78.9 29.6 37.5 40.4 51.
1939 8,657 9,680 1,524 12,281 3,725 536 9,970 616 81.2 30.3 37.4 41.7 51.4
Union Pacific -----------------------------................................................. 1940 9,898 10,070 4.4 1,308 43 12,471 3,024 625 8,849 1,624 71.0 24.3 34.2 37.7 53.2
Southwestern Region: 1939 9,904 9,646 1,253 11,914 3,188 632 8,647 1,344 72.6 26.8 36.9 36.6 50.5
Southwestern Region:
Missouri-Kansas-Texas Lines.----.........--.....--------- 1940 3,294 1,788 d 1 .1 187 1.2 2,191 613 101 1,785 75 81,.5 28.0 34.3 42.8 52.5
1939 3,294 1,808 185 2,215 719 111 1,869 8 84.4 32.5 38.5 4o.8 48.3
Missouri Pacific--------- --...........-..--. ..........- 1940 7,146 6,290 12.5 452 12.0 ,38 02,108 374 5,573 915 75.7 28.7 37.8 40.1 53.0
1939 7,173 5,590 44 6,5148 2,005 363 5,054 592 77.2 30.b 39.7 39.0 50.6
Texas & Pacific ---------------------------------- ... 1940 1,936 1731 .6 194 2,115 638 101 1,534 319 72.5 30.2 41.6 33.1 45.6
1939 1,936 1,726 195 2,095 598 100 1,500 336 71.6 28.5 39.9 33.8 47.2
St. Louis-San Francisco --------- ---------- 1940 4,820 3,196 291 10 3,822 1,453 254 3,323 235 86.8 37.9 43.7 41.0 47.2
1939 4,843 2,818 13.4 288 1 3,416 1, 49 256 3,151 d b5 92.4 43.0 46.5 40.7 44.0
St. Louis, San Francisco & Texas--...-------- 1940 25 102 d 13 107 39 109 _6 101.7 36.2 35.6 52.1 51.3
1939 267 118 a 3 124 39 106 84.8 31.5 37.1 41.4 48.8
OZ 4.8 31-5 371 1 :
St. Louis Southwestern Lines..---.-...-.--.. 1940 1,690 1,501 4.8 27 6.7 1'593 443 52 1,162 182 72.9 27-.8 .: 34:3 4.0
1939 1,701 1:Z32 25 1,517 508 52 1,196 75 78.8 33.4 42.4 35.1 446
Texas & New Orleans......---.- --...--------------- 194o 4,416 3,241 0. 274 4.8 3,802 1,113 119 2,810 405 73.9 30.8 41.7 34.3 46.4
1939 4,416 2,944 0 262 3,486 1,060 1242,634 320 75.6 30.4 40.3 35.5 46.9


* "Net railway operating income' is derived from 'Railway operating income', modified by deb
* Percent increase computed on units of dollars.
g/ Includes Atchison, Topeka & Santa Fe, Gulf, Colorado & Santa Fe, and Panhandle & Santa Fe.
/Includes Chicago, Rock Island and Gulf.
Includes returns for Southern Pacific Steamship Lines.
Deficit or other reverse items.
(Over)


its and credits arising from "Equipment rents" and "Joint facility rent".
U, S. GOVERNMENT PRINTING OFFICE : 194-O-015955




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