1 TABLE E.-Revenues, expenses, and income of class I motor carriers of property 1 for the calendar year 1958 compared with the same carriers for 1957 2 Class I motor carriers of property are those having average gross operating revenues of $1,000,000 or over annually. 2 This table does not include the reports of 20 carriers that failed to furnish complete reports. The total figures for these 20 carriers amounted to the following for 1958: Operating revenues, $38,313,679; Operation and maintenance expenses, $32,177,095; Other expenses, $4,084,369; Total expenses, $36,261,464; Net operating revenue. $2,052,215; Net income before income taxes, $1,590,070; Net income after income taxes, $869,944. Net income is overstated to the extent that income taxes are reported by corporations only. Income taxes of sole proprietorships and partnerships involve factors that do not arise from motor-carrier operations and therefore are not reported to the Commission. TABLE F.-Revenues, expenses, and income of class I motor carriers of passengers 1 for the calendar year 1958, compared with the same carriers for 1957 2 1 Class I motor carriers of passengers are those having average gross operating revenues of $200,000 or over annually. 2 This table does not include the reports of 5 carriers that failed to furnish complete reports. The total figures for these 5 carriers amounted to the following for 1958: Operating revenues, $1,585,552; Operation and maintenance expenses, $1,330,312; Other expenses, $284,662: Total expenses, $1,614,974; Net operating revenue, $29, 422; Net income before income taxes, $158, 673; Net income after income taxes, $165, 422. Net income is overstated to the extent that income taxes are reported by corporations only. Income taxes of sole proprietorships and partnerships involve factors that do not arise from motor-carrier operations and therefore, are not reported to the Commission. TABLE G.-Revenues, expenses, and statistics of freight forwarders for the years 1957 and 1958 1 Confined to forwarders having gross revenues of $100,000 or more per annum. 3,961,673 22,631, 815 Confined to owners of 10 or more cars. Compiled from reports of 196 owners. TABLE I.-Selected financial and operating data of oil pipeline companies, 1956, Item Miles of line operated: 1957, and 1958 Trunk lines.. Investment in carrier property. 51,336 $2,716, 233, 654 Capital stock 1 $339, 353, 788 $149, 680, 754 $28, 646, 619 $188, 272, 317 $178, 456, 706 $113, 701, 915 4,459, 451, 550 935, 801, 321 233, 457, 898 24, 584 $150, 341, 687 1 Excludes data for 10 companies in 1956; 8 companies in 1957; and 6 companies in 1958; as the annual reports filed by these companies relate to pipeline departments of large oil companies and these items are not segregated for the pipeline departments. 2 Includes Amortization reserve" as follows: 1956, $62,166,625; 1957, $61,051,812; and 1958, $59,958,664. TABLE J.-Revenues and traffic of carriers by water, 1957 and 1958 1 TABLE K.-Selected financial and operating data of electric railways, 1956, 1957, and 1958 APPENDIX C AUTHORIZATIONS UNDER VARIOUS SECTIONS OF THE INTERSTATE COMMERCE ACT AS AMENDED Certificates of convenience and necessity for construction and/or operation of lines of railroad under section 1(18) of the Interstate Commerce Act, as amended 13 applications filed involving.. 9 certificates issued authorizing construction 1 application denied in whole involving.. 1 application dismissed involving... Authorized since effective date of act.. Portion thereof actually constructed. Portion thereof deferred or abandoned. Portion in which time for construction has not expired. 62.310 Miles 135. 902 62. 310 9. 074 0.098 11, 440. 000 8, 306. 000 2, 951.000 183. 000 Certificates of convenience and necessity for abandonment of lines of railroad or the operation thereof, issued under section 1(18) of the Interstate Commerce Act, as amended |