Los Angeles herald., 1907-07-31
EOUALLZERS WRES7LE
WITH CORPORATIONS
PULLMAN COMPANY REFUSES TO
GIVE FIGURES
Santa Fe Falls to Separate Earnings
In California from Those In
Arizona and New
Mexico

By Associated Press.
SACRAMENTO, July 9O-After recess
of four days the members of the state
board of equalization got together early
Yesterday morning and were in session
shortly after S o'clock, learning, in the
course of an all-day session, that the SAT-
Lake route is in a prosperous, heaithy
condition; that the Santa Fe, accoroing
to the report presented to the poaro anu
which is got up, it is asid, in a feartul
and wonderful way has suffered de-
crease in earnings from last year, and
that the Pullman company VIII not give
a statement of its earnings in the state
claiming inability to do So
Frank A. Waters represented the SaIt
Lake route, Major p. A. Magnnls the
Santa Fe, and Thomas c. Coogan, san
Francisco attorney, appeared for the Pull
man company.
The report of the Los Angeles, San Pc
dro & Salt Lake company, krown as the
Salt Lake route, shows a fine increase
over last year. The gross earnings lot
1905 were 1861 O5465, with net income
from operations of S214S9S.S1. For 1907
the gross earnings were Sl,1SS, S4.54, Whlle
the net income from operations was SzSo,-
1921. "a. This shows big increase over lsVo
in both the matter of gross earnings anu
net income from operations. Inc Ioau 10
about 92O miles long, the main DIVISION
points being Los Angeles and Salt Lake,
although there are several branches ana
spurs running off from the main line
Santa Fe Is Puzzle
The eoua.izers were confronted with an
unusual and entirely unexpected condltloh
of affairs when the report of the SANTA
Fe was referred to and discussed py Ma
jor Maginnis
Heretofore the company has filed re-
port showing the actual gross earnings III
California, Arizona and New Mexico anu
the board has in this way been aple 10
make an estimate of the earnings OF lhat
part of the road operating in California
only This year. however, the board has
a report from the Santa Fe showing no
recapitulation and giving the earnings Oh
the system for the entire operatlon-that
is. for the entire system.
The net earnings from operations IN Cal
ifornia alone for that year Q9O6) amounted
TO s4716 42670 The report for 1871, Wnlch
is for the entire system and gives the
California part of the system an earning
power on the same percentage basis as
last year-that is mileage basis-shows
gross earnings in 1907 of $11,575, $3.50 with
net income from operations to be S4,US5,-
7s4.23 This makes the gross earnings OF
the mast year and the net income from
operations in the past year less than III
1906 the actual decrease being Sl,3oy-
514.45 on gross earnings and S6Sz ioZ,4 ~ III
net income from operations. This Is an
enparent decrease in bushes, yet all other
roads that have appeared before the poaru
thus far with one exception have SHOWN
healthy, certain, substantial increase both
in gross earnings and income from opera
tions.
Pullman Company Balks
The report of the Pullman company in
terested the equalizers immensely ana
they were greatly interested In the talk
made by Thomas c. Coogan, the san
Francisco attorney who is attorney Tor
IN. Pullman company in California. Mr..
Coogan talked to the board for over an
hour and the euualiZers enjoyed his talK'
in+erspersed with many anecdotes, stories
and "reminiscences, but failed 10 get any
facts from fir in regard to the company
he represented or any vital lntomratlon
whatever. Mr.. Coogan SAID however, III
answer to a direct question many times
reneated bv Alex Brown, chairman OF the
hoard that the company had never sepa-
rated it's earnings in any one state from
those in other states. and that when II
oNered the board a report showing the |
jaime of rolling stock instead of the
mount of gross earnings, it was following
the usual system. The value of the roll
inc stock operated in the state, that Is
the standard and tourist Pullman sleep
ing cars. amounted to $4s1, 1880, and this
is an increase over 1906 of sS9, ,236.
The matter of securing from the Pull
man company report of gross earnings
in This state has engaged the attention Oh
the state board of equalization at every
formal session it has held for the past
three years, and always in valn' as IN thls
in stance,