The Washington times., 1920-11-30
|8 CENTS STRAIGHT,
". R. FARE PLEA
Wants Rate Boost and Remedial
Legislation in Petition
Filed Today.
CONTINUED from First Pase)

tContinued from First Fase)
said six months and subsequent there
10; "a. Th. actual expenditures tor
maintenance and upkeep OF roadway
and structures have exceeded the est
J mates made early in the year upor
! which basis charGs for maintenance
and depreciation have been entered
upon tho company's books.
FREIGHTs BOOST COAL PRICE.
"Coai.--The increased freight rate
added Sl.0l per ton to, the price o'
coal; increased mining costs added an
| other 80 cents, making IL total IN
| crease OF Sl.40 per ton.
, Even at this price we were. how
| ever, unable to secure our fun re
| quiremcnts under contract and have
| been compelled from time TO time TO
purchase the balance OF our require
ments at current prices for spot coal
| in the open market. Such coal has
been purchased by us at prices vary
ing up TO $3.50 per ton In excess OF
present contract price, although
there has reccntdy been a consider
able improvement in the coal situa-
ton which has enabled us TO buy q
| limited amount of spot coal at Z.
cents per ton In advance OF our con-
tract price. IL the present price for
| coal had obtained throughout the
six months period shown on exhibit
A expenses would have increased
$37,73S.05.
Expenditures for maintenance anc
depreciation of way and structures
On account of increased costs and the
necessity of performing work no
contemplated earlier in the yea
| (part of this by order OF the Com
missioners of the District of Colum
bia) IL has been impossible to keeI
| actual expenditures within estimates
per month. or a total in six months
| Of s5s,S54.72
NET INCOME REVISED.
Revising, therefore, the net in
come, to cover the two points abov,
mentioned we have the following:
Net income available for return
uon investment six months ending
October 81. 1920, as shown upon the
| books, per cxhibN A, s5I0,iS9.77.
Loss---.increased cost OF coal, S37,-
1905; additional cost OF mainten
ancc and depreciation OF way and
structures. &5s.s54II; total, $685..
5p2.76
Leaving. S413,S97.Ol
This Is equal to a return OF 40 per
cent on the fair value OF the proper
ties as fixed by the Commission. with
additions to date,
Work recently ordered or under
contemplation by tho Commissio oners
of the District OF Columbia is as fol-
lows:
Paving and rcconstruction OF
tracks on Rhode Island avenue north
east. from Fourth to Twelfth streets,
$97,529.
tracks on Georgia avenue from Blu
chanan street to Military road, $l22.-
600.
Paving and reconstruction Of
tracks on Twelfth street northeast.
from Monroe to Otis streets. 10000.
Paving and reconstruction OF
tracks on Nichols avenue southeast,
from sheridan road to the second
main entrance to st. Elizabcths Hos
pitai. $4,000.
Paving and reconstruction OF
tracks. raising grade, and setting
poles on Bladcnsburg road from
Fifteenth and IL streets northeast to
the District line. SoI630
Mncadamazing track space on
Nichols avenue southeast, from main
gate of st. Elisnbeth's Hospital to
end of double track. Sii,675
matchmaking track space from
North capitol and W streets to
Twelfth and Monroe streets north
east, $4,000.
Macadamizing track space on
Rhode Island avenue northeast, from
South Dakota avenue TO District line,
ss,1S7.
Miscellaneous paving November
and December cstimatcd), sie7,663.
Total, tb37 7si
CITES pLANs FOR 1891.
"Only about one.third Of the above