Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-12-21

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'than the previous year, of which s113,-
800 was in renewals OF rails and ties,
The funded debt at the close OF the
year was $z1,476,600 out Of total issue
. thus far authorized OF SIS, 200,0 00 Of
} which SIS, 900 are first trust mort
gage per cent bonds, and sl2,2i6 900
first consolidated mortgage per cent
bonds Sl0,00O000 of the first CONSOLE.
dated mortgage bonds have been sold
} for the purpose Of acquiring securities
) of other companies, for new equipment
and for expenditures in extensions and
Detterments S2,2(6,600 OF the first con-
solidated mortgage bonds remain In the
treasury Of the company
There were issued during the year
1921, 500 Of first consolidated mortgage
bonds, of which $6,O00O 900 were TO ac-
quire the capital stock OF the Utah
Fuel company $4,000 00O-full issue),
sl000000 to provide for expenditures
FOR new equipment and betterments,
and 1921 500 for construction of fourteen
and one-half miles OF extensions
For improvements and additions to
The property there were expended dur
ing the year on account Of bridges,
buildings, fences, spurs, sldings water
plants, rights Of way etc. 3l0,61O.8,
and for new equipment $3.50, 1880, maxi
ing total Of $500 ,923.51, which was
charged 10 capital account.
During the year l,546 tons OF new
75-pound steel rails were laid, releas-
ing 66-pound rails, which were used
In replacing lighter rails on branches
where they were inadequate for traffic.
The equipment was increased dur
ing the year by the addition Of eleven
locomotives, fifty steel coal cars with
hopper bottoms, nine passenger cars,
one dining car, two caboose cars and
one construction car, all of which were
charged TO capital account, except thir-
teen Of the steel coal cars, which were
paid for out Of the construction fund Of
the Carbon County Railway company
the securities Of which are owned by
this company
There have been received and put
into service, In addition 10 the above.
Twenty locomotives. 100 steel fiat cars,
100 box cars, 100 steel coal cars. 100
steel undertrame box cars, 30 stock
cars, dining car, baggage cars and
81 ballast cars, payment for which has
been made since the close Of the 1scal
year.
OF the nearly three and a quarter
millions charged up to operating e1-
penses, the greater part was spent In
Utah, approximately a fourth being
disburscd IN salaries OF employees. ea-
elusive OF agents, operators and sec
tlon men.
During the year 45s,74O passengers
were carried, as compared with 44Ol9S
the previous year. The freight ton
mage was 1,9SS,ll3. as compared with
] ,63l ,676 the previous year The aver
age number Of passengers TO a train
was 1874.
The equipment OF the road June 30,
last, consisted of seventy freight loco
twenty-four passenger locomo-
tiyes, seventy-four passenger cars, l,b2S
freight cars and twenty-one other cars.
This does not include two locomotives
two passenger cars and five other cars
which formed q part Of the old Utah
Central equipment.
The operating expenses were 6j.6S
per cent OF the receipts.
The Western did a good thing when Il
made deal with the city whereby the
old track running through the south
part Of the city TO Parley's canyon was
abandoned and a new and direct line
was built Just south Of Twelfth South
street. This move restored to the city
that will before long become
valuable for residence purposes, and re-
moved an element OF danger that was
becoming Of serious moment, At the
came time u gave the railroad COM
pany a new and line straight track, re-
lieved Il OF constant care against ac-
cidents and reduced cost Of operation,
The Western is doing an excellent Park |
City business.
Gossip is busy with the future con-
neotlons OF the Western. Surveyors |
have recently run their lines through |
salins canyon over the old Green river |