The record-union., 1899-08-05

Of the road from this statement?"
asked Mr.. Toland.
Il do not know said witness.
You only know what is said"
Yes, sir, but I have every reason
to believe the veracity of the report
it goes into the annual report"
and that's the very touchstone OF
truth, 1 suppose?" queried Toland.
Yes, sir. By the way, were you
ever connected with corporation
asked witness.
Yes, SIR" said Toland. Il was once
President of a brick company; it went
out of business by the strict enforce
| ment of the principle of charging the
traffic all it will bear"
Mr.. Toland said he regretted that
witness could not give all the data
required; but witness said he could
have summoned others, had he known
the character and wide range of ques-
lions as to earnings.
Mr.. Beamer stated (referring to
| notes. that the chief clerk to the con-
troller of the company had last year
testified to all such facts, and to the
| mode of arriving at earnings
I'VE can get him here by to-mor-
row, I think" said Mr.. Ryan.
I'm for night session." said L. H.
Brown.
1t was finally decided to send for the
clerk at once.
Witness stated that the value of the
company's property, other than that
| assessed by the Board of Equalization
therefore assessed locally) is So, 546,-
223
The following additional figures APP
peared in the report filed by the COM
pany: Total single track miles in the
State, 1,O33. 40; total value Of road
bed, ETC., in State, $S961. 100; rolling
stock operated in the State, 4,067; val
lie of same, $2769,630. Earnings:
Passenger, S3.43O, 1873 II; freight, &c.
044, 664.93; mail and expenses, 1901,
| tai, SD, 121, 596.77 Expenses: Oper-
ating, $685. 191.69 betterments and
additions, $162, 250.47; rentals to other
| roads, $107, 976.04; taxes, 1892, 746.5
| miscellaneous, $235 0S6.47-total, 3d.
331 ,251 go; net, $4,790, 345.17 Interest
| is charged at SO, 149, 0S7 80; land ex-
penses, $137, S19.3S.
| Questions concerning the meaning OF
| land expenses were declined by Mr..
Ryan, on the ground that he was not
| familiar with details, and that they
| We're not relevant to the general in
quiry of the board.
Coming to the Northern California
Mr.. Ryan said that he knew nothing
of the affairs of the company further
than appeared in the report filed with
the board, as in other cases.
Then, since 1 have the report here, :"
said Mr. Toland, II know as much
about it as you do, and I have no fur
Their questions to ask"
Witness said there had been no in
crease of mileage beyond the 3S5.2o
reported last year.
The following facts concerning the
Northern Railway were filed: Entire
vale of roadbed, etc, 81, 925, 600; length
of road, 3S5 miles; value of rolling
stock, S5O0,S50. Earnings: From pas
sengers, $3.50, $500; freight. 81, 216,-
$50 mail and express, $106, 032. SO; mis-
cellaneous, $77,476.S1-total, S2355,-
1874. Expenses: Operating, 81, 1856,
5S9.67; betterments and conditions,
$50, 1920; rentals, S3173.92; taxes,
So, 6S4 43-total, 1882, 61O72; net,
3,367.22; rentals, $1,000; interest,
S5f6.91O; sinking fund, $4,000; over
plus, S1S3651.2 %; maintenance of way
and stations, 1901 1911; maintenance
of equipment, 1921, 1861; conducting
transportation, S910,511. "a; general ex-
pense, Sc, 561. S9-total, 81, 496, 5S967.
Explaining the figures, Mr.. Ryan said
that the cost. of maintaining rolling
stock, etc, was paid out largely at the
Sacramento and Oakland shops His
impression was that each road was
separately charged for its proportion of
all repairs. He testified that the
Southern Pacific Company has to buy
all the coal it uses.
The South Pacific Coast Road was
next taken up. It's mileage was re-
ported as 96.16; value of roadbed. etc,
S594,9 The following facts ap-
peared by the report: Value of rolling
stock, S215,050. Earnings: Passengers,
S426, 991.S7: freight, 500, 70O91; mail
and express, 500, 53014; miscellaneous,
S39, 232. 54-total, $500, 461 40 Ex-
penses: Operating, S514 261.10; better
ments and additions, S10,47S 10; rent
ais, $494.S7; taxes, S26.37O.95; miscel-
laneous, S48,097-total, 1912, OS6 O5;
$50, 7S1.S2; total revenue. S1O7. 151 % ;
interest, $4,000; deficiency, $112,-
S42.11. Under operating expenses were
the following: Maintenance of way and
structure $125,57S. "A; maintenance of
equipment, 500, 1851; conducting
transportation, S41S. 1926; general ex-
penses, 500. 305.S6; total. $673,51262
Mr.. Beamer asked what effect the de-
crease of taxes in forty-seven counties
had on the railroads. Mr. Ryan replied
that the reduction increased the rail-
roads taxes very materially. Then
Beamer wanted to know why the roads
named in the days report had been
consolidated. The reply was that the
consolidation was to economic in the
number of Presidents and other officers
employed.
Mr.. Ryan asked that the following
figures be filed with the board:
Taxes paid into the State Treasury
by counties: Into the general fund Jan
uary /, 1S91ito December 81, 1894, S14,-
1913, 1885; into the school fund. S.
429.945.76; total, $24 1913, 424 II. Taxes
paid into State Treasury by railroads
during the same era: Into general fund.
1923, 697 .43; school fund, 1862 233 13:
total. S6S5,930.56 Amounts paid by
counties from January /, 1895, to De-
cember 81. 1898: Into general fund.
$13, 1871 ,246.64; school fund, S9,O65, 907.-
%; total, So, 203 1892. By railroads
during the same era taxes were paid
as follows: Into general fund, S517,-
1888; into school found. 1852, $50. 50;
total, $500 S26.22. Recapitulation: From
January /, 1891, to December 81 1894.