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Show Ui Si FILES 1921 STATEMENT Net Earnings Reported as $2,0p0,000 i , Ownsrahlp of tier Loa Ang.lea a Bait Lake railroad stock In amount of 10,000 shares Is now controlled by the Oregon Short Uno and the I'nlon pacific railroads In equal amounta, this belns all the seeurltlra laaued exoept bonds. Ths vaius of the stock aa shown by the books of the company and embodied In a report re-port filed wKh ths public utilities cnmmlaalon Is given as a liability at Ilk 000,000. Tha company reports a railroad operating revenue for 1SII of llt.lOA,-OftO, llt.lOA,-OftO, and operating sxpenees of 111.-KM). 111.-KM). 000. In addition taxes sxoeedlng II. IIS.OM were paid, leaving a railroad rail-road operating Income of Juet under 1.000.000. Taxes paid In ITtah wars I4ll.l0l.il; Ihoae In California slightly slight-ly larger, and thoaa tn Nevada under 1100.000. Of the railroad operating revenue III. IM.00S was from frelaht rates, a decrease of leas than I MX) 000 from tha previous twelve moatha. while passenger revenues of IS 100,000 ahowad a decrease of 1400,00. from tha previous year. Tha total decrease de-crease In operating revenuoo In the year waa 11,400.000, approximately. Ths company claims s total Investment Invest-ment In road and equipment of IT. 160.000 on Its lOfT mllee of road, or at tha rata of more than 14.00. a mile. It reporta, however, that tha Information aa to Investment In Utah Is not available. It operate. 11 mllee of main line and 111 miles of branch line In Utah. la addition It operatea nineteen mllee of tho Orson Ors-on Short Une tracks between Salt Lake and Bandy, and a total of 114 miles of sidings and yard tracks. Ths Utah railway operating revenue la given as 14.100.000 frowi freight, and. a total of 11,100.000, while Utah operating op-erating expenses are placed at 14.100,-000. 14.100,-000. The Utah operating ratio Is thua 1411 per sent aa compared with the somewhat more profitable ratio for tha whole system of 14.01 per cent. The Utah revenue from freight I. 1.771 cent, a ton mils snd from paa-senger. paa-senger. I.lll a passenger mile. Corresponding Cor-responding figures for ths entire llns are 1 111 a ton mile and I.lll a passenger pas-senger male. Information Is "not available" as to revenue freight carried within the state. A total of 11.171 rare was carried on ths lips sa a whole, of which 4S.1U originated on the line. The company paid Its 111 employee average number M.lll.000 during tha year. |