The Coconino sun., 1925-07-24

The increase of 81 ,075 1850 in the
] total assessed valuation Of all rail-
road property in the state for 1925
over the previous year, is occasioned
/ by an increase in the valuations of
only three Of the railroads, according
to report of the individual assess
ment of each company issued yester-
1 day by the state tax commission. The
properties of two other roads were
slightly reduced in valuation, accord
ing to the report.
A report Of the valuations Of the
railroads, made public Monday by the
commission showed the total assessed
valuation Of all railroad property in
the state for 1925 taxation purposes
to be $102, ,323, ,686.50, as compared to
total valuation of $101 ,247, ,770.00
for the year 1924.
The three companies whose property
was increased in valuation this year
over last year, are the Atchison, To-
peka and Santa Fe, the Arizona East
ern, and the Phelps Dodge, Marenci
/ branch. The increase in the Santa Fe
property totaed $1,096,390, the report
shows, while the, Arizona Eastern in
crease amounted to only $1,000, and
the Phelps Dodge Morenci branch
about $500.
The two companies whose property
was decreased were the FL Paso and
Southwestern and the Twin Buttes
railroad.> The reductions were slight
in both cases.
Although the Southern Pacific has
acquired control of the Arizona
Eastern, the Ell Paso and Southwest
eln and the Phoenix and Eastern for
operating purposes, the assessments
Of the three properties are made to
the Individual company.
The rail mileage in the state, how
ever, was decreased by about four
miles during the year, the report
showing a mileage Of 2438 miles in
| 1925 as compared to 2442 miles IN
1924.
The property of the Santa Fe COM
pany in Arizona was assessed at $4O,-
! 650,825 this year, as compared to
S39,554.435 last year, while the Ari-
zona Eastern was assessed at $40,
3O4 400 this year as compared to $10,-
! 303,400 last year, and the Phelps
Dodge Corporation, Morenci Branch
! railroad, was assessed at $29S, ,256 this
year and S206, 702 last year.
The two roads whose property was
! decreased were assessed as follows
The FL Paso and Southwestern, this
year, S12, ,769,883, and last year, $12,-
783. $50, and the Twin Buttes railroad,
this year, $33, $3.50, last year, Sal 900.
The assessments of all other rail-
this wear as last. The roads and the
1925 assessed valuation are as foi-
lows:
i Apache Railway company, $79,2OO;
Arizona Commercial Mining company
railroad, 22,725; Arizona Extension
Railroad company, $284,425; the Ari-
zona Southern Railroad company,
S1O2 600; the Arizona Swansea Rail-
road company, sos, 500; the Central
tsArizona Railway company, S114,62O;
the Flagstaff Lumber company rail-
road, $115,500; the Magma Arizona
Railroad company, $576,357.50; the
Mascot and Western Railroad COM
many. S105.O 900; the Old Dominion
company railroad, $74,523; the Ray
ands Gila Valley Railroad company,
SSH ,995; the Saginaw and Manistee
Lumber company railroad, $4,000;
the Southern Pacific company (main
line), $27,11O100; the Phoenix and
Eastern railroad, $3,003,990; Johnson
Dragon and Northern railroad $780,
400: the New Mexico and Arizona
Railroad company, $1,774,058; Tucson
and Nogales Railroad company, 81
i827 ,474; Tucson, Cornelia and ella
Bend railroad company, $975,216;
Verde Tunnel and Smelter railroad
s597 $50; the w. NJ Cady Lumber
company railroad, $60,5O0.