Conference on Business Cycles

By National Bureau Committee for Economic Research | Go to book overview

Appendix Table 1 DATA FOR CLASS I STEAM RAILWAYS, 1921-1941
Gross
Capital
Expendi-
tures
Net
Railway
Operating
Income
Depreciation Con-
struc-
tion
Index
1910-
14:1.00
Yield
on
New
Bonds
Unappro-
priated
Surplus
Net Non-
operating
Income
Maintenance % of
Wages
Charged
to Op-
erating
Expense
Car-
Miles
(000)
Av.
Hourly
Earn-
ings
($)
Recorded Unrecorded Expenditures Wages
(thousands of dollars) (percentage) (thousands of dollars)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13)
1921 534,952 600,937 149,873 98,701 1.77 1,921,328 330,633 2,007,893 93.65 23,995,012 0.667
1922 470,661 760,187 152,246 99,992 1.59 5.68 2,041,191 239,518 1,981,181 1,127,663 93.48 24,946,626 0.613
1923 1,035,703 961,955 166,249 100,494 1.77 5.38 2,253,427 234,015 2,278,845 1,349,279 92.71 29,432,500 0.610
1924 896,206 973,837 181,165 101,645 1.74 5.34 2,457,138 250,688 2,052,698 1,221,316 92.88 28,889,085 0.623
1925 750,885 1,121,076 194,169 102,655 1.68 5.45 2,734,881 244,449 2,076,278 1,222,654 92.49 30,785,543 0.631
1926 828,593 1,213,090 202,342 103,457 1.68 5.12 3,055,827 275,324 2,149,911 1,262,574 92.24 32,666,043 0.631
1927 757,053 1,067,985 213,663 102,959 1.69 4.94 3,163,641 290,874 2,087,633 1,232,626 92.45 32,462,179 0.644
1928 662,259 1,172,864 215,407 105,891 1.64 4.68 3,514,107 296,907 2,004,848 1,169,811 93.04 32,994,940 0.655
1929 825,399 1,251,698 219,672 107,238 1.66 5.02 3,885,105 337,767 2,058,267 1,213,891 92.32 33,828,943 0.666
1930 795,277 868,879 224,707 108,658 1.60 4.79 3,553,747 338,104 1,724,736 1,026,614 92.78 30,177,596 0.678
1931 308,181 525,628 214,450 110,094 1.49 4.73 3,272,305 281,363 1,347,566 793,328 93.81 25,608,792 0.689
1932 158,984 326,298 194,460 112,252 1.36 5.00 2,970,656 200,567 970,120 538,648 94.98 20,350,867 0.636
1933 105,803 474,296 184,626 114,492 1.33 5.24 2,772,516 197,527 920,996 507,314 95.18 20,597,254 0.629
1934 176,331 462,652 187,289 115,675 1.40 5.09 2,556,032 185,563 1,003,205 575,028 94.90 22,179,787 0.635
1935 189,296 499,819 193,221 117,016 1.42 4.25 2,307,272 168,646 1,075,854 619,110 94.54 22,512,343 0.686
1936 302,230 667,347 192,073 118,012 1.43 3.76 2,152,125 163,330 1,237,810 720,714 94.02 25,588,229 0.691
1937 550,801 590,204 194,851 115,596 1.53 3.49 1,948,460 149,596 1,322,303 780,882 93.96 26,848,097 0.709
1938 275,596 372,874 201,825 114,789 1.49 3.47 1,627,968 130,607 1,096,654 632,012 95.08 23,141,532 0.750
1939 250,674 588,829 201,853 113,757 1.49 3.52 1,283,301 135,964 1,232,766 708,982 95.57 25,258,741 0.749
1940 458,594 682,134 205,860 113,192 1.53 3.39 1,165,419 141,403 1,316,007 756,694 94.48 27,330,844 0.751
1941 512,897 998,256 233,340 105,417 1.65 3.03 1,595,701 931,856 94.27 32,147,389 0.780

-282-

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