New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-10
RAILWAYS AND THE CITY.
WHAT THEY PAY FOR THEIR FRAN
CHISES
Az INTERESTING STATEMENT FROM CONTROLLER

COI.ER TO THE RAPID TRANSIT BOARD.
Now that Mayor Van wyck has refused to serve
on the committee appointed By the Rapid Transit
Commission 10 fix the amount OF compensation 70
be paid by the Manhattan Railroad Company to tho
city FOR the Wast-st. franchise. the Commission
will itself fix the percentage without referring the
matter further to the Mayor. The Board, how.
ever will not arrive at any decision In this matter
arbitrarily. out upon sort of computation basis
after considering the receipts and expenditures OF
the different railroad companies In this city. and
the comparative returns which each company makes
to the city for its privileges. statement emoody-
ing these statistics has been compiled by Controller
Coler and was submitted by him to the Commis-
sioners at their usual weekly meeting. The figures
IN this statement OF the percentage paid to the city
out OF the gross earnings OF the companies ana OIL
the average pas senger OK the taxes ana IRAN
chises are OF extreme interest and have not been
published before. The largest payment MADE 10 the
city is by the Metropolitan company. WHICH now
ever only gave In return for its inestimaoly Vaiuao'e
franchises 1-3 per cent OF Its gross earnings last
year. The Manhattan company. pending the h'iea
ton II has started. pays nothing for FRANCHISES ou'
ts taxes amount to 1870 per cent OF lls s'o'' ~
ce,pts The most favored company Is the lnird-
ave- which pays only 2S-i0 per cent Specla' AZ.
tenton Is drawn by Mr. Coer 20 the fact that inns
company has paid taxes since 1924 for the line
running through Third-ave. The cost PASSENGER
Maid bv the Metropolitan and Manhattan companies
for taxes and franchises is one-thrd OF one cent
while the cost TO the Thlrd-ave company - o''''
one-seventh OF one cent.
Alexander r. Orr presided over yesterdays meet
ing and there were present also John Claim.
Charles Stewart Smith Controller Coler. Jonn IL
Srarin Woodbury. Langdon George L. KiVes w.
Barclay Parsons. chief engineer; l.. l.. Delanelo'
secretary and Edward NJ. Shepard and "A b.
Roardman counsel. After the transaction OF rou-
.,ne business the Board proceeded TO consider the
no,nts of difference between the West-.t FRANCHISE
rendered by the Commission and the nanchise 90
sired by tho Manhattan company
MR.. GOLFERS STATEMENT.
r, wa, then that the Controller presented tho
following statement. which had been prepared under
hs instruction:
Hon. Bird S. Coler. . nr..
pared and submit herewith statement showing
"a Tn. cos, FOR 1897 tho Metropolitan Railroad Som
pany the Third Railroad Company shu ~ so-
fs.s percsntare car real and personal sses
railroads enumerated .
CO. The number Of passensers carried and ,ranch,.. cos,
bears tho gross earnings .,.s,.. eos, sv.-, 70.
The revenue figures wcre compiled from 'ne rec bo
ords OF the Finance Department ana are eapnines
and number passengers carried were taken rom
i.a rfpG by H be- state Railroad ommssonsr and
for the year end nHS 'Rne sPf ~ G p
sub
New-York. June o. 1898.
METROPOLITAN STREET RAILROAD CoMPASf'
p.rcenar, and license fees.....-... 90oo 10
.'ares real and personal. ........''..-''''' "'o "
.......... ,s.o s7s 30
s,.,s,,os r.por,ed for the year ending June 80 a.
G-,-. earnings from operation cash isrep
Number os passengers carrisd exclusive OF IA nas
.n franchise cost oral OF gross earn
n @ per coz. s' per oosss oneAd Of one
cent nT TuiRp AVENUE RAILROAD COMPANY: 40
'per-entags and license "a $40 ga
Total ....'.'''''''''''''
.So,h,nr paid for the rhirdsvs line since January
1894 - ,eo-
statistics reported for ending Jun: 80 o.
Groee earnngs from ope ss.risa exclusive Of
transfers Observation-Disclosures. "'''o
and franchise cost .o2s per cent OF gross earnings
$40 Pc Ss' r p....nrsr ooi&o (onsssyenh Of one
WANUATTAN ELEVATED RAILROAD COMPANY
r,,,, oompany by letter dated February issi IT,
f,,-et 20 continue franchise payments psna'"s ' ~
Of litigation 1900 eoo m
s,n.,~tles reported year ending June So
~ .srnlngs from operation casn isreS go 40 "a 81
Ngmber q passengers o o.r cent Of ue, earning,
90 10 20 per nearly oo,,, -. ..r, fo,s-th,rl
Of per cent nearly . A.
,,ter discussing the foregoing statement the
poard rsouested Mr. Coer TO supply 1t with certain
o,hor DETAILS wherewith It might be further aided
IN fixing commensurate remunera,3n 70 DC , pan'
H., ,ha Manhattan company FOR the West-sl u sii
ia Mr. Coler promised TO submit tnese 49, 49,
,nnai ngures 10 the Board at next lhn'soa!