Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1918-11-14

after the execution Of the contract.
TIE car equipment is promised for
shipment about Dec. II. The line
work e proceeding nicely. and i. is
expected that another month wLl sec
the power Improvements completed
and II operation, provided appa!a-
tus that has been shipped I'D is TOW
OF the road is received WITHOUT undue
Gejar.
Laca II help Ia lag necLanlca. 3e-
paITm4nl mas delayed The equipment of
the 81. new center entrance single TIT k
cars purchased for local operation IN
lewiston and Auburn. Five Of these
were put into service between july s
and September y. leaving one now ID
be SCI up. THIS car is partly equipp:l
and Is icing worked upor as much as ne
men can be spared from other Eurk
which is more essential al this tina. J,
viii proba bly, he ready for operation
shortly!
The trafic IN the month OF SEPTEMBER
aas very encouraging. the earnir-s
showing an increase for the nrst time
since June The Influenza epiderric
which started The latter part o. Se;-
TENDER checked this increase. ana cor
the frs: three weeks Of October, .or7.
pared with the corresponding peri1l
last year, me earnings fell on $40 J.
or 2l.5s per cert. This decrease still
continues. bU, for the past few GA;
the decrease has not been as heavy IS
II was during the early days Of n:
month
On account u the reduced tram,
schedules lave been reduced in an e.
fort 70 preserve the proper relation &C.
tween income and expense, always 5ea--
ing in mind ou- duty as q public utility,
and the necessity Or service for these
who wish 10 ride al times when the
operation OF cars is al loss Notwi.a-
standing these economies the operat-
ing expenses have greatly Increa AGED
and We are nov awaiting decision Of
the War labor Board on our wage
scale which We anticipate viii, cal Ter
substantial increase in our payroll.
We regret that We are unable to pre-
sent 10 the commission d better state
rnent OF accomplishments under the
new passenger tariff, but we feel that
the best evi6e1-e Of our good faith III
proceeding with the Mobilization III
the Lropcrt,, regard.ess Or the results
Of the higher fare, is the fact that ~c
expended az jdiciously as wa were abs.
all the revenues Of the company, IN
providing service since the decree anu
preparing Or the winter to come. %
the extent that no funds were availa6,
TO meet the sci liannua! interest OF 81
1Co,oh L., A. g. W. ) per cent bonds in
the hands Of the public. due Oct /, 1913.
and that interest has been in defaH't
since that date. In other words, .,,a
rights Of both the preferred stockhold-
ers and the bond holders have been 50 Z
rificed in order to provide proper service
during the past summer and guard Is
far as possible a-airst continued inter
ruption to service during the coming
winter. and we believe that due credit
should be ren Tered for this sacrifice.
Please consider us entirely at the
service of the commission for any fur
ther information or details which II
may desire.
Very truly,
ALFRED SWEENEY.
Genera, Manager
The monthly schedules referred to IN
the report show details for the months
OF June. july August and September.
1918. with comparisons for the CORE
spending months of 1917 The combined
figures for the four months are as fo'-
lows:
1913 1917
Operating Revenues. $50. 4I4 50 $a5s. So 10
Ope. ting Expenses:
Maintenance ex-
penses. S.1sss 5a,ir.7s
Running expenses, l15.Z52s5 1881 s.
Total operating ex-
penses. s2aa, c2s &c so. SOC ss
Net operau Eeve-
nue.. 800. rs. 4s $3.50 10
Miscellaneous, 2,oS.s9 4i2 81
Gross income. less
Op. EXP. s1o..472.35 si:a. ,rs
Fixed charges. N,3SI.Ss es.6A. s
Ne, income. s7.ea5.s So IS. AS %
Total passenge- car days, f,iSa s.siS
Total freight 4 Exp car