1927 The Texas Almanac and State Industrial Guide Page: 263
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THE TEXAS ALMANAC. 253
Capital Stock, Bonds, Etc., Texas Railroads.-(Continued.)-- Class III Roads- - Lessor Companies-
Amount. Per mile. Amount. Per mile.
Capital stock .................................. 3,103,419 $6,520 $14,470,559 $5,050
Funded debt unmatured........................ 2,840,750 5,968 42,652,132 14,884
Non-negotiable debt to affiliated companies...... 816,910 1,716 25,421,940 8,871
Current liabilities ............................. 3,297,973 6,930 8,091,992 2,823
Total liabilities............................ $10,059,052 $21,134 $90,636,623 $31,628
Switching and Term. Companies. Total, All Companies.
Amount. Per mile. Amount. Per mile.
Capital stock ............................... $10,879,162 $34,503 $156,038,673 $9,253
Funded debt unmatured ......................... 19,578,200 62,092 388,353,428 23,029
Receiver's certificates................ ...... 320,000 19
Non-negotiable debt to affiliated companies....... 4,081,199 12,943 130,495,146 7,738
Current liabilities ............................ 2,2335.685 7,091 98.662,930 5,851
Total liabilities............................ $36,774,246 $116,629 $773,870,177 845,890
EARNINGS OF TEXAS RAILROADS.
Statement of gross earnings- from operation of Texas railroads during the year, showing for each
road its revenue, from freight, passenger, excess baggage, mail, express, other passenger and incidental,
stated separately for each of the three classes of roads for 192o as follows:Class I.
Freight revenue ............. .. ...........$166,657,655
Passenger revenue ............................ 33,769,312
Excess baggage ............................... 288,769
Marl revenue ............................... 3,507,082
Express revenue ........................... 5,552,402
Other revenue from passenger .................. 498,010
Total passenger revenue.................... $43 615,635
Incidental revenue ........................... 4,970,041
Total gross earnings from operation.......$215,243,331Total.
Class II. Class III.- all roads.
$9,437,508 $1,247,350 $177,342,513551,270
7,028
109,923
164,086
2,339
$834,646
400,198
$10,672,35223,334
50
18,496
9,387
157
$51,424
37,607
$1,336,38134,343,916
295,847
3,635,501
3,725,935
500,506
$44,501,705
5,407,846
$227,252,064OPERATING EXPENSES OF TEXAS RAILROADS.
Table shows the operating expenses (classified by accounts) of the three classes of Texas railroads
during the year 1925 the subtotals of which are as follows:Class I.
Maintenance of way and structure.............. $35,403,936
Maintenance of equipment ................... 38,559,720
Traffic ................................... 4,740,438
Transportation .......................... ... 73,851,140
Miscellaneous operation ....................... 1,126,177
General .... ............. ................ 7,900,282
Transportation for investment-Credit......... 1,107,378
Total operating expenses .... ............. 160,474,315
Ratio of operating expenses to operating revenues 74.55Class II.
$2,198,604
1,226,472
255,284
3,177.348
880,463
13,053
$7,725,115
72.38Total.
Class III. all roads.
$456,798 $38,059,338
127,929 39,914,121
39,3351 5,0335,073
423,426 77,451,914
1.126,177
135,766 8,916,511
8 1,120,442
$1,183,262 $169,382,692
88.54 74.54REVENUE AND EXPENSE.
Comparison for the two years ending Dec. 31, 1923, and Dec. 31, 1924, of the operating revenues, oper-
ating expenses and income or deficit of each operated Texas railroad, also the percentage of increase or
decrease, which shows the following results:
Total Revenue From Transportation-Freight,
1925. 1924. Increase. Per cent.
Class I roads. ..................................$166,657,655 $165,138,181 $519,474 .92
Class II roads.... ..................... 9,437,508 8,124,147 1,313,361 16.1T
Class III roads ............................. 1,247,350 1,201,413 45,937 3.82
Total freight ................ ... $177,342,513 $174,463,741 $2,878,772 1,65
Total Revenue From Transvortation-Passenger,
Class. I roads ................. $43,615,635 $47,251,114 '$3,635,479 *7.69
Class II roads .......................... 834,646 1,007,722 *173,076 *17.17
Class III roads.................................. 51,424 60,751 *9,327 *15.35
Total passenger .. ................ $44 501,705 $48,319,587 '$3,817,882 *7.90
Revenue From Operation-Incidental.
Class I roads .................................... $4,970,041 $4,870,642 $99,399 2 04
Class II roads .................................... 400,198 361,553 38,645 10.69
Class III roads ................................... 37,607 60,712 *23,105 *38 06
Total incidental ...................... ... $5.407.846 $5,292,907 $114,939 2.17
Gross Revenue From Operation.
Class I roads.................................$215,243,331 $217,259,937 '$2,016,606 *.93
Class II roads ...... ...... 10,672,352 9,493,422 1,178,930 12 42
Class III roads ................................... 1,336,381 1,322,876 13,505 1.02
Total gross revenue.......................... .$227,252.064 $228,076,235 *824,171 *.36
Operating Expenses.
Class I roads ...................................$160,474,315 $159,882,530 $591,785 .37
Class II roads.................................... 7,725,115 7,296,555 428,560 5.87
Class III roads ...................... ... 1,183,262 1,139,127 44,135 3 87
Total operating expenses.... . .... .....$169,382.692 8168,318,212 $1,064,480 .63
Net Revenue From Railway Operation.
Class I roads .................................... $54,769,016 $57,377.407 *$2,608,391 *4.55
Class II roads .................................... 2,947,237 2,196,817 750,390 n4.16
Class III roads ................................... 153,119 183,749 '30,630 *16 67,
Total net revenue ............................ $57,869,372 $59,758,023 *$1,888,651 *3.18
*Decrease.
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1927 The Texas Almanac and State Industrial Guide, book, 1927~; Dallas, Texas. (https://texashistory.unt.edu/ark:/67531/metapth123785/m1/267/: accessed May 1, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.