Investment:

Federal Barge Lines, operated by the U. S. Government-Entire line-Investment, income account, and traffic, calendar years 1918 to 1937-Contd.

1 Difference between 1923 and 1924, in investment items are due to revaluation under act-Public, No. 185, 68th Cong.

? Deficit.

3 Deferred.

Includes $795 of "Net income from miscellaneous physical property."

Not available.

• Tons of freight carried from reports of the Inland Waterways Corporation to the Secretary of War; ton-miles from annual reports, pt. 2, of the Chief of Engineers, U. S. Army.
Source: Figures, except for 1918, and as otherwise indicated, were compiled from annual reports of the Inland Waterways Corporation and its predecessors to the Interstate Com-
merce Commission. Figures for 1918 were in part taken from the 1919 report to the Commission and in part from the annual report to the Secretary of War or furnished by the Inland
Waterways Corporation.

Certain figures originally reported to the Interstate Commerce Commission for the years 1920 and 1921 and for years 1924 to 1933, inclusive, were here adjusted as described in
the following:
Adjustments were made in the years 1920 and 1921 that were offsetting. According to the Inland Waterways Corporation, the returns reported to the Commission for the year
1921 included certain items applicable to the year 1920. The figures for 1920 and 1921 have here been adjusted to their proper accounts.
Adjustments were also made to include in the proper accounts and years the Washington office expenses and interest earned or paid on all funds controlled by the Inland Water-
ways Corporation applicable to years 1924 to 1931. These items were cleared through the profit-and-loss account in the corporation's 1932 annual report to the Interstate Commerce
Commission. These revisions were made in accordance with notations on pages 100 and 314 of the Inland Waterways Corporation annual report to the Commission in 1932.

Adjustments were also made to include in proper accounts and years the "Loss operating Brodie fleet"; "Excessive cost operating steamer Illinois as a powdered coal burner;"
"Ohio River survey"; "New York Maritime Exposition-Expenses"; "Engineering services for municipalities"; and "Trial trip-Hennepin Canal", applicable to the years 1925 to 1933.
These items were cleared through the profit-and-loss account in the Corporation's annual report to the Interstate Commerce Commission for 1935. These revisions were made in
accordance with notations on pp. 201 and 314 of the Inland Waterways Corporation's annual report to the Commission in 1935.

Investment for year 1924 and for 1926 were here adjusted to reflect revisions obtained from the Inland Waterways Corporation-the adjustments increased the original total investment reported to the Interstate Commerce Commission by $661 in 1924 and $66,742 in 1926.