Page images
PDF
EPUB

847

263, 746 631,215

264,258

325, 717

III. Deductions from gross income:

122, 128

122, 573

509, 087

203, 144

Water-line operating revenues:

I. Revenue from transportation:

6,094, 845 111, 519

6, 404, 544 301, 679

896

145, 408

1,344 185, 909

1,344

154, 800

1, 234 90,458

1,260 86,831

1,080 83, 205

1,302 93, 631

1,468 92,387

[blocks in formation]

Income from unfunded securities and ao

counts.

21, 493

82,892

85, 186

76, 182

61,305

39,971

8, 172

Total other income...

61, 613

136, 296

313,862

234, 844

148, 242 216,505

92, 671

71,886

67, 205

75, 128

83, 357

405, 254

583, 642

146, 202

2 793, 287

730,577

Gross income...

Rent of leased lines...

Miscellaneous rents...

Interest on unfunded debt.

43, 514
13,880

68,709

133, 702

127, 490

125, 333

125, 819

126, 861

122, 979

Total deductions...

57, 394

68,709

133, 702

127, 490

125,333

125, 819

126, 861

122,979

122, 128

122, 573

Net income..

256, 468

2 103, 553

82,803

277,764

458, 309

20, 473

$ 920, 148

607,598

Income balance transferred to profit and
loss...

256, 468

* 103, 553

82, 803

277,764

458, 309

20, 473

3920, 148

607,598

509,087

203, 144

Freight revenue....

6, 445, 354

6, 332, 073

Miscellaneous transportation revenue..

64,079

52, 514

5,852, 655
122, 199

5, 995, 467
154, 943

5,853, 401 60, 998

4, 733, 031 88, 163

4, 105, 978

65,938

5, 778, 376 96, 526

Total revenue from transportation.....

6, 509, 433

6, 384, 587

5, 974, 854

6, 150, 410

5, 914, 399

4,821, 194

4, 171, 916

5,874, 902

6, 206, 364

6, 706, 223

II. Revenue from operations other than trans-
portation:

Rents of buildings and other property.
Miscellaneous...

167, 767

141,039

Total revenue from operations other

than transportation....

167, 767

141,039

146, 304

187, 253

156, 144

91,692

88,091

84,286

94, 933

93,855

III. Charter revenue:

Charters involving rent exclusively......
Charters involving rent and maintenance.
Charters involving rent, maintenance,

9,820

16,042

1,553

and operation.....

4,514

Total charter revenue...

30,376

3,551

8,055

9,625

60,804

Total water-line operating revenues..

6,707,576

6, 529, 177

6, 129, 213

6,347, 288

6, 131, 347

105, 119
5,018,005

41,081

5,576

5,827

39,343

4, 301, 088

5,964, 764

6, 307, 124

6, 839, 421

Water-line operating expenses-By general accounts:

I. Maintenance...

II. Traffic expenses..

III. Transportation expenses.

IV. General expenses.

V. Charter expenses...

1, 519, 412
268,629

4, 172, 909
383,394
36, 171

1,613, 854
284,502
4, 250, 083
459, 682
32,029

1, 522, 016

Total water-line operating expenses....

6,380, 515

6, 640, 150

1,392, 167
374,302

3,883, 582
333, 917
32,570

6,016,538

1, 481, 177
408,031
3,757, 086
370, 640
2,302

6,019, 236

3, 291, 234 366,650 822

392, 602
2,909,800

344, 486

38,070

4,928, 339

3, 114, 657 334,778 53, 422

5, 168, 792

1, 243, 381

1, 255, 082

1, 138, 755

1,347, 120

1, 487, 095

426, 644

410,853

316,737

349,855

349, 010

3, 450, 567

3,849, 599

4, 545, 614

359,049

391,963

395, 200

52,369

1, 102

1,043

5, 607, 366

5, 317, 477

5, 939, 639 6,777,962

Federal Barge Lines, operated by the U. S. Government-Entire line-Investment, income account, and traffic, calendar years 1918 to 1937-Contd.

1932

1933

1934

1935

1936

1937

$91.65 1.93

$98.40 .32

$120.17 (2)

$89.15 2.68

$94.17 1.55

$99.10 25

812

0.433

0.362

859

883

0.334
878

0.385
365

0.371
884

0.348
871

1 Difference between 1923 and 1924, in investment items are due to revaluation under act-Public, No. 185, 68th Cong.

• Tons of freight carried from reports of the Inland Waterways Corporation to the Secretary of War; ton-miles from annual reports, pt. 2, of the Chief of Engineers, U. S. Army Source: Figures, except for 1918, and as otherwise indicated, were compiled from annual reports of the Inland Waterways Corporation and its predecessors to the Interstate ComWaterways Corporation. merce Commission. Figures for 1918 were in part taken from the 1919 report to the Commission and in part from the annual report to the Secretary of War or furnished by the Inland

Certain figures originally reported to the Interstate Commerce Commission for the years 1920 and 1921 and for years 1924 to 1933, inclusive, were here adjusted as described in
Adjustments were made in the years 1920 and 1921 that were offsetting. According to the Inland Waterways Corporation, the returns reported to the Commission for the year
1921 included certain items applicable to the year 1920. The figures for 1920 and 1921 have here been adjusted to their proper accounts.

A verages:

Account

1928

1929

1930

1931

Operation ratio-percent (includes auxiliary oper-
ations)..

Rate of return on investment (item 19÷8).

Tons of freight carried (including interdivision

$96.22 1.51

$102.62 (2)

$98.89 .34

tonnage) 6

1,872, 597

1,653, 381

1, 490, 624

Tons of freight carried (excluding interdivision

tonnage) 6

1,758, 244

Ton-miles (thousands).

1, 523, 950

1, 575, 229
1, 290, 482

Average freight revenue per ton-mile (cents) (item
37-62)

1, 424, 477
1, 158, 615

Average haul per ton (miles).

0.423
867

0.491
819

0.505
813

$95.08
1.33

1, 533, 915

1,481, 751
1, 202, 608

0.499

1,653, 088

1,572,669
1, 350, 776

1,605, 830

1, 483, 860

2, 128, 872

1, 479, 157
1,306, 075

1, 400, 406
1, 229, 281

1, 732, 059
1, 499, 059

2, 332, 047

1, 856, 514
1, 640, 695

2, 619, 427

2, 109, 854 1, 837, 936

* Deficit.

* Deferred.

4 Includes $795 of "Net income from miscellaneous physical property."

Not available.

the following:

Adjustments were also made to

ways Corporation applicable to years 1924 to 1931. include in the proper accounts and years the Washington office expenses and interest earned or paid on all funds controlled by the Inland WaterThese items were cleared through the profit-and-loss account in the corporation's 1932 annual report to the Interstate Commerce Commission. These revisions were made in accordance with notations on pages 100 and 314 of the Inland Waterways Corporation annual report to the Commission in 1932. Adjustments were also made to include in proper accounts and years the "Loss operating Brodie fleet"; "Excessive cost operating steamer Illinois as a powdered coal burner;" "Ohio River survey"; "New York Maritime Exposition-Expenses"; "Engineering services for municipalities"; and "Trial trip-Hennepin Canal", applicable to the years 1925 to 1933. These items were cleared through the profit-and-loss account in the Corporation's annual report to the Interstate Commerce Commission for 1935. These revisions were made in accordance with notations on pp. 201 and 314 of the Inland Waterways Corporation's annual report to the Commission in 1935.

ment reported to the Interstate Commerce Commission by $661 in 1924 and $66,742 in 1926.

Investment for year 1924 and for 1926 were here adjusted to reflect revisions obtained from the Inland Waterways Corporation-the adjustments increased the original total invest

[graphic]
[graphic]

Federal Barge Lines, Operated by the U. S. Government-Mississippi Division Investment, income account, and traffic Calendar years

See footnotes at end of table.

1918 to 1937

Investment:

Investment in floating equipment...
Investment in terminal property.....

Miscellaneous investment....

වව

Total investment in real property and equip

ment...........

(3)

(2)

Material and supplies.

(2)

Cash......

Total investment, material, supplies and cash.

(2)

(2)

(2)

(2)

(2)

(2)

$6,831, 641

$6,964, 229

$8,913, 478

1, 101, 629

1, 112, 424

1,091, 559

$11,062, 542 1, 163, 835

3,680

3,680

3,680

(2)

8, 165, 909

8, 443, 575 10,372, 119

3,680

12, 684, 657

Income account:

Water-line operations-Revenues..

Water-line operations-Expenses....

71, 683
193, 397

372,976
946, 023

702, 219

1,791, 324

2, 249, 482

1, 452, 238

2,010, 292

2, 723, 032

2, 416, 601 2,754, 682

3,094, 181

3, 224, 571

3, 542, 445 3, 290, 436

Net revenue from water-line operations.

3 121, 714

3 573,047

3750,019

3 218,968

3 473, 550

3 338, 081

3 130, 390

252, 009

4, 508, 347 4,011,359

496, 988

5, 268, 381 5, 130, 436

137, 945

Net revenue from auxiliary operations.

3 231

3 6,315

3 24, 690

Net water-line operating revenue..

3 121,714

3 573,047

Water-line tax accruals...

3 750,019
458

3 218,968
631

$ 473, 550
365

3 338,081
268

$ 130, 390
393

251,778

490, 673

113, 255

Water-line operating income.

3 121,714

3 573,047

3 750,477

3 219,599

3 473, 915

338, 349

3 130, 783

251,778

490, 673

113, 255

Miscellaneous rent income...

2,800

1,100

1,000

4, 195

1,099

11,793

accounts__

3,662

8, 120

Total other income...

3,662

8, 120

6,527 6,527

1,216

1,475

1,216

1,475

3,591

Gross income..

3 118,052

3 564,927

3 743,950

3 218,383

3 472, 440

3 334,758

3 123, 420

261, 651

511, 736

Federal Barge Lines Operated by the U. S. Government Mississippi Division-Investment, income account, and traffic Calendar years

Income account-Continued.

$19,989

19,989

99, 379

99, 379

3,860

14,903

1918 to 1937-Continued

Total deductions.....

1,493

4,256

4,384

5, 141

7,300

8,851

18,024

14, 146

11,093

Net income....

3119, 545

3 569, 183

3 748, 334

3 223, 524

3 479,740

3 343, 609

3 141, 444

247,505

500, 643

144, 165

Income balance transferred to profit and
loss.....

3 119, 545

3 569, 183

3 748, 334

3 223, 524

3 479,740

3 343, 609

3 141, 444

247, 505

500, 643

144, 165

Water-line operating revenues:

I. Revenue from transportation:

Freight revenue...

71, 679

371, 299

695, 139

1,779, 056

Miscellaneous transportation revenue....

2, 223, 151 15, 179

2, 369, 937

3,009, 231

25, 942

32,020

3, 412, 550 55,916

4, 359, 967
59, 246

5,097, 239
53,000

Total revenue from transportation.....

71, 679

371, 299

695, 139

1, 779, 056

2, 238, 330

2, 395, 897

3,041, 251

3, 468, 466

4, 419, 213

5, 150, 239

Total revenue from operations other

than transportation....

III. Charter revenue:

Charters involving rent exclusively.
Charters involving rent and maintenance.
Charters involving rent, maintenance,

8,920

3,278

and operation.___

Total charter revenue..

Total water-line operating revenues....

2,769

5,837

5,802

8,470

8,920

2,769

5,837

9,080

9,062

18,763

71, 683

372,976

702, 219 1, 791, 324

2, 249, 482

2, 416, 601

3,094, 181

3, 542, 445

4, 508, 347

5, 268, 381

[graphic]
[blocks in formation]

5, 130, 436

[blocks in formation]
[blocks in formation]
[blocks in formation]
[blocks in formation]
[graphic]

1 Operations on the upper and lower Mississippi River combined. (Missouri and Illinois operations included in lower Mississippi).

I. Maintenance...

II. Traffic expenses....

III. Transportation expenses.

IV. General expenses..

V. Charter expenses.

Water-line operating expenses-by general accounts:

30,846 7,875

119, 168

10,699

24,809

Total water-line operating expenses....

193, 397

Averages:

Operating ratio-percent (including auxiliary op-
erations).

269.79

Rate of return on investment (item 19+8).

(3)

(3)

Tons of freight carried (including interdivision

tonnage)......

Tons of freight carried (excluding interdivision

tonnage)

Ton-miles (thousands).

Average freight revenue per ton-mile (cents) (item

37+62)

Average haul per ton (miles).

• Not available.

3 Deficit.

Source: Investment and income account items were compiled in part from annual reports of the Inland Waterways Corporation to the Secretary of War, in part (for early years) from annual reports of the Chief of Inland and Coastwise Waterways Service, and in part from information furnished by the Inland Waterways Corporation. Ton-miles were taken from annual reports, pt 2, of the Chief of Engineers, U. S. Army.

NOTE. "Investment in terminal property" includes the investment in the Washington office. This investment was allocated, by divisions, on the relationship of total operating expenses. Material and supplies, and cash, were also allocated in each year in the same manner as Washington office investment.

« PreviousContinue »