New-York tribune., 1907-10-08

count of the system is as follows:
Maintenance Of way and
Maintenance Of equipment t. SiI77Sss Ii.7sSs46 g
Snagsf SS9ndusting transportation % Sss 9sa IS
Taxes .... SIS. So ss5 sGd sSa 2 2
Rental OF tracks terminals iss iSs ss
OPeratiOn' s215sss1 90
Total .saa css 400 on
Interest bonds. s11 4s7 9s4 20
5SsSs S;.Gs::% 8:
Byjdenf Bi4 preferred -----...--.-.-. 2sSt sss %
BSi%s% s$#S5 @ -, Sss
written of 100000 90
ending June e. 1907. carried profit and
loss account - 1915 81
Total saa99esse 8
FPssss PPsss@s'f So g 30 sss s
Mail express and miscellaneous 7OiI 4sS IA
Total soassa 400 al
inc from OPP. ss2 eo
I@5s6S;' asa%s FROM S2a difSsg95 S2ssnsa;s ss IS
Total sa2 sO6s59 Oh
PROFIT AND Loss ACCOUNT TO JUNE 80. 1907
Adjustments on revaIua,on sale OF mis-
Balance sarpias5 carried 10 gen bal sheet 2OSSs7s s
Total .s2Os5s $50 2
Balance brought forward from June 30 1906
Surplus for Y months ended June 80 1907 1915 =
$40 %
The percentage Of operating expenses to earnings!
s2s4. against 6ls9 in preceding fiscal year,
Gross earnings from operation increased s2 $50 397
operating expenses increased IS as and earns
ings from operation increased $40 9Sl. Expenses
for conducting transportation increased s544s.3S6
The expenditures cnargeabIe 10 capital account rOrs
the construction and acquisition of additional rail-
ways, equipment and other properties and for Iurs
provements the aggregate s24 ia
BY order of the board betterments. improvements
and other capital expenditures to the amount ocs
s9600OO0 were written of by a charge to incoma
account. The of 10000 in cash having BEEN
received net proceeds OF the sale Of Santa Fs
Pacific lands that written of the booiss
value Of railroads, franchises and other property
Expenses for maintenance of way increased from
S12Sssl2 in 1896 TO S5,2S0SS in 1907. the tncreasa
being largely due 10 extensive relocation and rel
construction of line in order 10 reduce grades and
curvature, neCessitattng the abandonment OF pOr<l
tOns of line as originally constructed In every
such the cost OF construction of the railroad
or property abandoned was charged TO maintenance
of way while only the additional cost of the new
construction was charged TO capital ACCOUNT
The average freight revenue per freight train.
mile Increased from 81 SO TO s. o. 623 per cent
The average passenger train revenue per passengers
train mile increased from 81 Is 10 81 a. $50 per
cent. Tons of revenue freight carried one mile in
creased 9S3 44054 10 50 per cent, while freight
car mileage increased +S11205S miles, a54 Per
cent and freight train mileage increased 1Ts2.e04
miles. or 9.10 per cent The number OF passengers
carried mile increased l04.272.7S1. or HOo per
The figures for the fiscal year ended June 30 1906.
used for comparative purposes not the same
shown in the last annual report but revised to
lines in the system constituted
The company held in its treasury June 30 1907.
S2l5.15+ o. cash and had available S.765,0o0 OF
general mortgage bonds including bonds not yet
certified by the trustee. The company also has in
the treasury unpledged a large amount OF stocks
and bonds OF other companies. of which part
carried in the balance sheet investments and
part included under Railroads. Franchises and
Other Property" No notes bills payable OF tha
company OF any OF its auxiliaries are outstand-
ing
The mileage OF the lines comprising the Atchisoa
system is $3.50. against 91S9 last year The average
mileage operated during the fiscal year was s.273.
President Ripley. IN his annual report to thu
shareholders. says:
THE year was one Of extraordinary business
prosperity. The rapid colonization Of the South
west the bountiful crops. the discovery and de-
velopment OF mineral deposits and the growth ot
miscellaneous business due 70 the general increase
OF wealth, all contributed to the increase OF traffic
on your lines. At times the increase in the volurls
Of traffic was so large that the Companys equip-
ment and other facilities overtaxed and 10
became impossible TO move traffic promptly and
satisfactorily The congestion of traffic upon soma
of your lines and the necessity Of moving traffic
as speedily practicable without regard TO ecOn-
Ouy of operation caused a material increase In
operating expenses. On the other hand. CLIMATIC
conditions were unusually favorable Your cOna-
pany has begun the fiscal year with IT'S props
critics in excellent physical condition and WITH
largely increased equipment"