Mohave County miner., 1889-08-03
The A. e. y. *. II. shows a Deficit.

The third annual report OF the western
division OF the Atlantic and Pacific Com
apany was fled in the Railroad Com
uissioner's office yesterday by William
C. Hazeldirle, the solicitor OF the com
pany. The report was made under pro-
test or the ground that, being a federation
corporation. and rs such being obliged to
make snnuiil reports 10 the Secretary OF
ENe interior il is exempt from state con-
Grol The rates Of fares and freights are
supervised by the National Government.
This protest, the attorney states, is made
~ q saving legal technicality, TO be made
use Of at any time in the future when the
company sees fit, otherwise it is willing
and does give all OF the information
asked By tie l0cai board. Sarney G.
Gsskill, the SECRETARY a the commission,
confirmed this assertion OF the attorney,
stating that this report is very complete.
The California division OF the system
was bought On August 20, 1884, from the
Southern Pacific Company at O cost OF
$50, 600 mile, the purchase price being
for 2s2 mileg $7,27l 900. AT the time OF
the purchase the selling company was
unable 10 give q clear title 70 the prop
erty, owing 10 tirs; mortgage lien and
other incumbranccs. In view Of this TACT
she Atlantic and Pacific operates the lines
Of lanu. aud
paying D. per cent. interest on the pnr-
chase price, ,2r s+i3 ,Z66 per annum, until
clear title can be granted TO the prop
erty, James 4. Williamson is The pregi-
dsat Of tha road which guns from Nojave
10 The Needles. During 1888 the sum OF
slG,672 wss spent in new construction
work, S5,sls was laid out for equipment,
making total new outlay OF sl6,4S4.
Up 70 December 81, 1888, the grand total
Of construction and equipment expenses
was fJ9, ,465, this being, OF course, outside
Of the annual interest paid and mentioned
above. The earnings from operations
during the past year were sS25, ,652, the
passenger revenue being S289, 498 and the
freight returns amounting TO s523, ,542.
The expenses during the same time shot
ahead of the earnings, making a total OF
$1,O3S, 10 and deficit of s2l2,457. FROM
these figures il will be seen that the road
was run at q loss and the rate Of cperat-
ing expenses 70 earnings is quoted in the
report AZ l2G per cent. The maintenance
Of ways cost s5l7 ,94S and the cost of re-
pairing equipment was $il0,e27, while
the conducting OF transportation was
done at cost OF s316,236. No rents are
paid for the leased lines. The number Of
employees quoted in he report is l1,042,
but this number must include the en-
ployes Of the company's lines outside the
State. For compensation to the en-
ployes 1882 2,253 was spent.
The total tonnage originating on the
roads was 1913 tons tons, while from
ether carriers 235 400 tons were received
for tran nsportation, making a total of 23G,-
922 tons. Of Gho tonnage originating on
the road there we're 81 tons OF grain, l62
OF live stock, 500 OF ores, IL OF lumber, s
Of petroleum and 0tiieg oils and 297 OF
general merchandise. Fifteen locomo-
tives, 8 passenger cars ana 3S7 freight
cars constitute fbe equipment of the road
There are 8.:7 sOo'!cU bridges and the
leugi OF lrestieS Is 23 40, feet. Besides
this there are 1876 wiies of telegraph wires
anG 90 s,atjna,s. During the year 1851
tons o. Soai wepc bnraed, passenger and
three empi,s"2s were killed and other
persons wc~s jnjurc3---SaB Francisco
Chronic.