Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-07

has enjoyed. He outlined the efficient
management introduced and referred to
the skip stop system. introduced, he
said, against much opposition. but which
has justified itself in greater speed and
better service and the saving of approx
mately 81 100000 year by the COM
pany.
Every possible means Of increasing
revenue and decreasing costs had been
resorted to before filing the tariff now
under consideration, Mr. Mitten told
the members of the commission.
The transit company head at that
point took up the question of the three
cent exchange ticket. He called it ''an
inherited thing" With the construc-
tion of the Frankford elevated, he said,
a big problem presented itself In con-
nection with exchange tickets.
THE Frankford - Of necessity"
he asserted, "would have to carry the
greatest possible number of passengers.
but IL the three cent exchange ticket
was necessary between the surface lines
and the Frankford Il few persons
would use the elevated, but some other
line.
1T is only by living with these
things that the truth becomes evident"
Nv ne lhllJtu
If it means anything and
If its nine years history means any
thing is interested primarily in the pro.
lection of the public secondly. Of it's
lastly, in the protection Of
its stockholders. ."
Rising wage scales for trollpymen and
other employees of the Rapid Transit
Co.. the Public Service Commission was
told, form one reason for the increase
in revenue desired by the company.
Willis {. Dunbar. vice president in
charge of finances, who referred TO the
wage scales. said the next increase to
employees will make totah boost of
fourteen and one half cents au hour
from January of this year.
Every increase in pay of one cent an
1our. he asserted. means an addition of
$500. 900 to the transit companys an
lual payroll.
Twining Supplies Data
As the cross fire of questions was
opened by Mr.. Roscnbaum. Transit Di- /
'ector Twining sat at his elbow and
provided him with data occasionally.
Mr.. Dunbar asserted that the com
rany's payroll this year for all en-.
ploycs would total approximately S17,
500 900.
NJ. Rosenbaum Contpnded there were |
in some of the figures |
submitted yesterday by the witness. The |
latter replied the apparent discrepancies !
would be explained later.
The assistant city solicitor then fred |
n ''dOublc barrelcd" question at the
witness.
"In addition to desiring an increase
in rates." he asked. you have said
the company hopes to effect economies
In operation What economies are con-
templated by the company? Are there
hopes based on rCrOuting of the lines
Of the system?
Witness Cannot Answer
The witness replied he could not an
'wer. as operating questions were not |
within his province.
MIR. Rosenbaum called tho witness |
attention to a statement that 1i.15 cents |
per car mile was the cost Of operation !
IN 1910 and that the cost last year was |
-. So cents per car mile.
What was the car mileage in 1892" !
asked Mr.. Roscnbaum. The witness |
replied he did not know.
What was the mileage of operated !
track"
give hundred and sixty five miles |
of revenue producing track" was the
answer.
'Is it not fact" queried Rosen-
baum. that the increase of operating
expenses per revenue car mile has been
balanced by the increase of mileage on.
Grated? Is it not fact that gross earn
ings have increased to countorbalance
the operating expenses per revenue car
miln?"
;nI
Data from Annual Reports
Mr.. Rosenbaum had noticed that Mr.. |
Dunbar had prepared statement be-
ore him and that many of the replies !
were read from the state |
nent.. He asked who had prepared the |
lata. Mr.. Dunbar said most of the !
statement had been prepared from an
lual reports of the company.
The City's representative swung at
entOn to the question of the rompany's
urplus last year, rPmarking that S12.-
)69 900 had been given as the 1910
urplus. He asked how much of that
otal belonged to the Rapid Transit Co.
The witness said the company's total
vas S4 .4S2 900 and that the balance
to the underlying concerns.
at was with some surprise" said
Ir. Rosenbaum then. that we dis
overed $50, ,0OO,0OO Of capital never
cfore included in any audit of the com
ANY submitted to the city. no mention
yer having been made of it, and on
which the company now seeks a return,
Ask Where Is $50 ZOO, 900
"whrre is this $4,000, ,OOO?" he
demanded,
Mr.. Dunbar replied it was money
represented in improvements and in the
General upbuildnG Of the company.
The assistant city solicitor sought to
how that funds spent for power houses
md other equipment had been included
n tho maintenance and renewal figures
md had also been charged up as capital
N which the company seeks 3 per
cnt return.
Mr.. Roscnbaum asked the witness to
Xplain what part of the $50 900. 900 |
eprcscnted permanent improvements
nd what merely repair items.
The witness did not answer directly. |
that this amount of capital |
lation would be brought out clearly in .
he valuation that is being made. He
ddcd he himself had not attempted .
ny appraisal.
"What item on your books takes care
{ that $50, 900, 0,000?" Mr.. Rosenbaum |
skcd.
Frederic L. Ballard, counsel for the
ompany. interrupted with the remark !
$1,000 900 of this $50 900 900 is .
ctcually on the books Of the company
Is surplus and the other SIS, 900 900 |
oprC sPnts capital which would not be-
on the books Of the company.
nut which would appear on a valuation
II the cOmpany's property"
Mr.. Rosenbaum, addressing Mr.. Dun.
,ar. said:
THE company has been trying TO
make out a case by demonstrating the
mount put into property. NOn nrrscnt