The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-03-26

scented the people Of the city ut
large and the patrons Of the city
Electric street railway company had
Withdrawn their protest to the pro-
posed raise iu street car fares from
six tG seven cents at the hearing
before members Of the state cor.
uor1fion commission yesterday AZ
%trruOOu. the commission took tht
matter under hdviSemcnt. promis.
luE go report within q few days.
The meeting was called by tn,
corporation commission to TAX,
evidence and hear objections Toe.
fore that body should decide upur
the petition from the city Eloetri,
company FOR "a raise In street car
rates This petition was presented
to the commission on February 81
of this year.
Mngvc suggested that the raise
900 fare be- allowed by the corpora
ton commission for % period OF
one y tr and at the end uf that
time the case be- ry-oponod to HVy
whether any change In economic
conditions warranted the return to
tho o cent fare Mr. Hoslington
stated that such an arrangement
would Doe satisfactory to The city
Electric company. ana K-lehcr
agreed that b. vas "a good plan.
Kolchcr made a statement to M,
! effect that tho city commissioners
had instructed him 90 appear nt the
hearing TO bring out as much uf the
truth Of the situation az possible.
but Co state that the city u Alhu-
uutruuv. as "a municipality ala not
offer any objection to the pro-
posed raise In street q fare. inc
90, commissioners were fairly Ia
uillar with the financial needs %
She city Electric company and ho-
! uoycd the raise necessary to keep
the company solvent. and 90 keep
up its present standard Of service
Representing the corporation
commission were Bouifacio Mon
juyt. who presided at the meeting
i NJ. Luna. and Edwin T.. Coarir
. clerk Of the commission W \
KsIehcr. city attorney was pros
,ut FOR the city OF Albuquerque
and the city commission. l. NJ.
/ Boyer appeared for the residents
I Of University Heights
G,urge ltoslingtun represented
[ the Guy Electric company, and
] filed with the commission two
statements. one Of the receipts ami
/ disbursements OF the company Tor
the year ending Dec. Al. 1891 and
the other showing the value OF the
property pf the company
In opening his gaze MIR RnslinE-
ton pointed Put that the operation
81 street railways have been un-
profitable not only In Alhuquer-
que but In all other cities % the
country Tor the past few years
lie quoted figures 20 show thtt
| ether western cities with condi-
tons similar To those OF A%lhuqucr-
que are now charging higher tare-
han h charged here.
The averages 81 street a fares
In g95 cities 81 the country. or
practically an uf the cities having
] street car lines. was 512 cents
tn 1915. 625 cents in 1873. I.zs
cents in 1890. and is now i3l
cents. Mr.. R~oslington figure
showed Fares ut seine of the
western cities mt present are. Trin.
idad. : cents; las Vegas. ; cents.
IN Pusu. 9 cents; Tucson, ; cents.
! Amarillo. 80 cents. Kansas city,
cents. McAllister, Okla, 10 cents
and Muskogec. okla, : cents.
operating costs are lower ln ~
]bugucrue and efficiency greater
THAN In amy other city Of the coun.
try Of the samc size he stated hn'
bowed hy figures that tho opor
atlnp cost per car per mile IN Al
huuuerque BE- less than half ut tina
lin Denver n would bee impossible
Tor the company To reduce Oper
a.iug expenses. he concluded
The cause for the increase
costs Of maintenance and operu
ton. as well as Tor the falling ui
Of traffic on the street cars In Al
ILuquerquc. MIR Roslinrton lny"'
To- the paving program IL" show
cd that maintenance costs wer'
much higher on paved streets an'
thnt the company has tu bear
portion NJ the paving expense Tn
Increased number OF automobile
N use In - city, he stated En
/, been largely th, cause NJ the fGlI
ing or In the number ~ pas~en
, sers being carried by the stree
/ cars
The number Of passengers car
ried on the car In the past si
months. he stated. "a o tina
E 90. 900 tower than the number car
fied in the ftmc six months a yea
p'eviDu-
Tho figures presented by tn
J company showed that % had fallc
short Of meeting the bond sinkin.
& fund in the past two years an
was not laying aside tn" amount
that should bee placed In a fund 4
meet depreciation,
Nfr Ecleher cross-oxnmlnod Nj
Roslington after the latter ma
stated his case. The cross-cNnmi
= rst!on brought out that the CIT
Electric company had purchase
the street car line from the Alhu
~ouerque Traction company nt
foreclosure sale In 1915 for 500,
600 In stock and 100000 In bond
When asked what proportion q
tho stock and bonds he now own
Mr.. Rosliugton stated that h
owns a. per cent OF the stock an
10 pcr cent OF the bonds. Their
are al present $4,000 In bond
outstanding and ti02 $50 In stocl
"Is II not true that a dividen
was paid In ie2t2' Keleher aske'
No" was the reply "Ther
wn- no dividend in 1921, but ther
wna one dated January l. 1879,
o per cent. Tint, dividend was pal
In stock In hopes that at some u
ture time IL would be wort
money
II have not run this street raj
way for profit" Rosllngton the
stated. Il have run II as "A hobb.
land / have Thoroughly entoye
running Il. I think mat In rui
ming II / am doing something t'