Letters regarding Abandonment in 1945

The following information may have been used by Howard C. Bonsall during his presentation at the abandonment hearing on December 1, 1944 at the Merced City Hall.

I.C.C. FINANCE DOCKET 14688 EXHIBIT YOSEMITE VALLEY RAILWAY COMPANY Howard C. Bonsall, Trustee ASSETS AND LIABILITIES October 31, 1944
	ASSETS
701	Road and Equipment Property
	Road	4,046,341.65
	Equipment	141,540.16

	Investment in Transportation Property		4,187,881.81

705	Miscellaneous Physical Property	15,304.56
706	Investment in Affiliated Companies	396.57
	Total Investments	4,203,582.94

	Current Assets
708	Cash	385,951.85
709	Temporary Cash Investments	50,000.00
711	Special Deposits	7,504.74
713	Traffic and Car Service Balances	1,947.45
714	Net Bal, Rec from Agents & Condrs.	5,071.94
715	Miscl. Accounts Receivable	10,243.63
716	Material and Supplies	34,780.25
719	Other Current Assets	1.25
	Total Current Assets	4,95,501.11

	Deferred Assets
722	Other Deferred Assets	344.20
	Total Deferred Assets	344.20

	Unadjusted Debits
723	Insurance Premiums Paid in Advance	3,048.65
727	Other Unadjusted Debits	843.16
	Total Unadjusted Debits		3,891.81
			____________
	GRAND TOTAL		4,703,320.06
- 1 -

YOSEMITE VALLEY RAILWAY COMPANY Howard C. Bonsall, Trustee
	Stock
751	Capital Stock	1,448,774.60
752	Stock Liability for Conversion	196,625.28
	Total Stock	1,645,399.88
	Long Term Debt
755½	Debt in Default	2,318,000.00
	Total Long Term Debt	2,318,000.00
	Current Liabilities
760	Audited Accounts & Wages Payable	9,683.70
761	Miscellaneous Accounts Payable	3.70
762	Interest Matured Unpaid	7,000.00
764	Unmatured Interest Accrued	376.07
767	Accrued Tax Liabilities	3,893.70
768	Other Current Liabilities	157.02
	Total Current Liabilities	21,114.19
	Deferred Liabilities
769½	Interest in Default	1,023,783.33
770	Other Deferred Liabilities	11,004.94
	Total Deferred Liabilities	1,034,788.27
	Unadjusted Credits
776	Accrued Depreciation Road & Equipment	104,793.89
778	Other Unadjusted Credits	6,306.65
	Total Unadjusted Credits	111,100.54
	Surplus
786	Earned Surplus	#427,082.82
	Total Surplus	#427,082.82
		____________
	GRAND TOTAL	4,703,320.82
	# Indicates Decrease
- 2 -

I.C.C. FINANCE DOCKET 14688 EXHIBIT YOSEMITE VALLEY RAILWAY COMPANY Howard C. Bonsall, Trustee INCOME ACCOUNT FOR 10 MONTHS Ending October 31, 1944
	Amount
	Operating Income
501	Railway Operating Revenues	145,710.18
531	Railway Operating Expenses	140,029.92
	Net Revenue from Railway Operation	5,680.25

532	Railway Tax Accruals	13,468.78
	Railway Operating Income	#7,788.52
____________
	Rent Income
504	Rent from Locomotives	26,169.00
507	Rent from Work Equipment	175.00
	Total Rent Income	26,344.00
	Rent Payable
536	Hire Freight Train Cars (Debt Balance)	2,818.72
	Total Rents Payable	2,818.72
	Net Railway Operating Income	15,736.76
	Other Income
510	Miscellaneous Rent Income	1,029.95
511	Miscellaneous Non-Operating Physical Property	1,227.46
519	Miscellaneous Income	13.00
	Total Other Income	2,270.41
	Total Income	18,007.17
	Miscellaneous Deductions from Income
551	Miscellaneous Income Charges	10,131.65
	Total Miscellaneous Deductions from Income	10,131.65
	Income Available for Fixed Charges	7,875.52
	Fixed Charges
546	Interest on Funded Debt (Fixed Interest)	96,583.33
547	Interest on Unfunded Debt	376.07
	Total Fixed Charges	96,959.40
	Income after Fixed Charges	#89,083.88

602	Balance of Income Tfrd to Earned Surplus	#89,083.88
	# Indicates Deficit

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