Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1899-10-02
Railroad Rumblings!

yesterday but no damage was don
Fireman John Uric is laid up for r
pairs having run a rusty nail in h
foot Saturday.
4 Geo. Davis of the night force at tt
round house has been promoted [
day fire builder.
| The steam shovel which has bee
i located at Algodones for some tim
4 past has been pulled OF and laid u
here.
Stationary Engineer Billy Barne
will soon be enjoying his new hom
on Railroad avenue which is abou
completed.
/ Hugh Quigley formerly day FIR
builder has been promoted to firema
and is doing his first work on tn
switch engine.
| Superintendent J. e. Hurley accom-
panied by Mrs. Hurley left on a specia
Saturday for Topeka. where Mr.. HUI
ley goes to assist in making out tn
new time card. 5s
Walter Sporleder, son Of c. H. Spor
leder of this city, is employed on tn
Santa Fe running out of Coiorad,
Springs, south. Walter expects to b,
transferred to q run out of Denve
within the next thirty days.
T. j. Atkins and F. Snyder of tn,
blacksmith shop, j. Miles of the pick
Ter and Engineer M. X. Morris were
out to the Rock Lakes yesterday ant
succeeded in bagging eighty-foul
ducks and curlews. Pretty good days
sport. fEfA "A a
The feature of the annual report OF
the Atchison, Topeka & Santa Fe is
the great increase in net earnings
These amounted to $12,9O6,817, com.
pared with $10,707,764 for the preced.
ing year, or an increase of 81, ,199, ,053.
The net surplus for 1898 was 1925, 494.
For the year ending June 80 it was
$2,9S7, APO.
The Rock Island Route is placing in
tershangoable mileage books ON sale
at all coupon Offices west of the Mis-
souri, river. These books are good on
thirty-seven different railroads and
will be great advantage to CONNER
cial men and travellers. The net rate
is 215c per mile in Kansas, Missouri
Nebraska, Oklahoma and Indian Ter
ritory.
Pullman's Palace Car company's as
sessment was fixed by the board of
review of Chicago a day or two ago
at $S,900,0UJ. The assessors estimated
the company's personal property at
b, 100000 John S. Runnells, the COM
pany's attorney, appeared in response
% request of the board and told it
low much cash, securities, loans, bills
receivable, tools, and machinery the
Stppeng Sc peFsoh nafsaasHsasaA ssaasHsasaAsnf against amy
me concern in Cook county except
Field & Co. The increase
N assessment is the largest made on
1ne firm or corporation. The COM
pany owns large plants in Delaware.
Michigan and Kentucky, besides the
one in Chicago, and pays taxes in every
state and territory in the United
States, with Mexico and British Col
ombia thrown in.
SANTA FE ANNUAL REPORT.
The annual report of the Atchison,
Topeka & Santa Fe for the twelve
months to June 3d. of which proof
sheets are now at hand, discloses a
substantial advance over the favora-
BILE results attained in each of the pre-
vious years of the present company's
operations. Though the outcome OF
the. corn crop in the companys terri
tory was not especially favorable last
year while the yield of winter wheat
in Kansas this year decreased about.
rs per cent, the expansion in earnings
was heavy, amounting to $l,299,4OO
following an increase in the previous
year of 81, ,5oI 900. The last six months
of the fiscal year. was marked by
steady reduction in the abnormally
large charges for improvements or
the roadway and equipment, such
heavy expenditures having been a
feature of the company's policy since
the lines were taken over from the re-
ceivers. The reduction in working
charges thus brought about permits a
gain to, be shown in net earnings OF
50, ,199, ,000, practically the same amount
as recorded in 1898.
The large gains in revenue enabled
the company to put it's shares on the
dividends, one of ] per cent and the
dividends, one OF / per cent and the
second of IN per cent on the prefer
red shares, of which the first, however,
came out of the surplus earned pre-
vious to the beginning of the present
fiscal year. The growth of the COM
pany may ssbe, summarized by stating
that the balance of 81, ,452y445 shown
after payment OF sixed charges in 1897,
increased to $3,S90.425' in 1898, and to
s6,421, 1888 in 1899. s \
A reduction Of grades on the Gulf,
Colorado & Santa Fe.estimated to cost
81, $780, 900, is in progress, $3.50, 200 hav-
ing already been expended. Besides
SO, ,919, ,726 expended on capital account
for improvements in 1899,. .$8SO,OOO
was charged for new lines and termi.
nails and $2,462,000 was also provided
for the purchase of the San francisco
& San Joaquin Valley railroad stock
that line giving the company an, en-
trance into San Francisco by the
close Of the present calendar year;
and it is. believed that when this road
Is completed it will be self-supporting
besides controlling for your existing
| lines a much larger share Of trans
continental traffic than they have here
tofore enjoyed, Several pages of the
chairman's remarks are given up to ar
account of the new branches undel
construction besides the San Francis
co line. There are about eleven o
these lines, the capital expenditure
in the year on their account being
$S80.000.
There are now 27.02e freight car
Equipped with air brakes and 1915
with automatic .couplers. out of tota
of 28,456. sA
u