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TABLE 2.-Comparison of rate of return on net assets with yield on long-term
U. . Treasury bonds, 1940 to 1955
1 Partially tax-exempt.
NOTE.-Ratio of net income to net assets. Net income is taken as reported, after depreciation, interest, taxes, and other charges and reserves, but before dividends. Net assets represent book value of outstanding preferred and common stock and surplus account at beginning of each year.
Sources: First National City Bank of New York; Federal Reserve.
TABLE 3.-The Pennsylvania RR. 00.-Relationship of net income and dividends
paid to net assets
. CHART D
AS OF DECEMBER 31ST OF THE YEAR INDICATED
TABLE 5.—Class I railroads and lessors—Funded debt outstanding and due within 20 years as of Dec. 31 of the years indicated (excludes debt in default)
[Millions of dollars]