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Title Report, 1950: Annual Report of the Delaware, Lackawanna & Western Railroad, for the year ended Dec. 31, 1950.
Object Name Report, Annual
Catalog Number 2012.001.0048
Collection Hoboken Railroad Collection
Credit Museum Collections.
Scope & Content 99th Annual Report of the Delaware, Lackawanna and Western Railroad Company, for the year ended December 31, 1950. 4to booklet (9"x 11"). 32 pp. plus covers.

Cover photograph: Coal dumpers located at Jersey city, N.J. capable of transferring 30 cars of coal per hour from cars to barges.

Inside front cover, photo: The Tunkhannock Viaduct, largest concrete viaduct in the world, located at Nicholson, Pa., (19 miles west of Scranton, Pa.). It is 240 feet in height and 2,375 feet long.

All other illustrations are graphs or charts.

Text in notes for page [1], table of contents and Highlights for 1950.
Notes 2012.001.0048

D.L. & W. R.R. 99th Annual Report, for 1950.

Table of Contents

PRESIDENT'S LETTER 2
Rates and Fares 4, 5
Labor Relations 5-7
Revenues .......... 7
Operating Expenses 8
Taxes 9
Additions and Betterments..................10, 11
Financial ..................................11, 12
Senate Investigation .......................12, 13

GENERAL BALANCE SHEET ..................14, 15
INCOME ACCOUNT ........................... 16
OPERATING REVENUES ....................... 17
EARNED SURPLUS ............................. 18
FREIGHT TRAFFIC MOVEMENT . . ............ 18
OPERATING RESULTS AND STATISTICS ....... 19
TAX ACCRUALS ............................... 20
NEW RAIL AND ROCK BALLAST............... 20
WELFARE EXPENDITURES ..................... 21
PENSIONS ..................................... 21
GROUP INSURANCE ....................... .. . 21
MILES OF ROAD OPERATED ................... 22
TRACKAGE RIGHTS ........................... 22
MILES OF TRACK OPERATED .................. 22
EQUIPMENT ................................... 23
FUNDED DEBT AND EQUIPMENT OBLIGATIONS .....................................24, 25
COMPARISON OF EXPENSES .................26-29
STATEMENT OF OPERATIONS ...............30, 31
ACCOUNTANTS' CERTIFICATE................. 32

-----

Highlights of 1950

Gross revenue of $82,343,568 as compared with $80,476,508 in 1949, an increase of 2.32%

Operating expenses of $63,995,304 as compared with $64,985729, a decrease of 1.53%

Taxes of $9,089,737 as compared with $7,881,695, an increase of 15.33%

Income available for fixed charges of $9,422,641 as compared with $7,698,842

Fixed Charges of $4,989,303 as compared with $4,912,487

Times fixed charges earned 1.9 as compared with 1.6

Net income of $3,842,749 as compared with $2,224,209 (before capital and sinking funds). This represents $2.28 per share as compared with $1.32

Dividends paid per share of common stock, 25c to 10,500 stockholders

Average number of employees, 11,876; average investment per employee, $22,874.


Date 1950-1951
Year Range from 1950
Year Range to 1951
Search Terms Delaware, Lackawanna & Western Railroad
Lackawanna Terminal
Lackawanna Railroad
Caption front cover
Imagefile 146\20120010048.TIF
Classification Railroads
Business & Commerce
Buildings
Transportation
Financial