Show Y EVENING EVENING h mo GRANDE SYSTEM SUBMITS ANNUAL STATEMENT D Data ta Filed by Receiver Receive Show Betterment in Condition Condition Cont Con Con- t of Property invested vested In th the Denver Rio Grande Grand railroad is the sum of 00 There has been a little less th tha than n In stock and this is owne owned 3 stockholders The average in investment In- In vestment estment per mile of road is Such is the statement of A. A R R. Baldwin Baldwin Baldwin Bald Bald- win receiver for the road filed flIed wit with tt republic he public utilities commission Wednes Wednes- lay day During the year tar 1920 t tho to ho report the corporate deficit was wa cut ut down to STATISTICAL DATA 10 I The operating operating revenues for the year yea were ere in round numbers ind the operating expenses leaving caving a net n t revenue of During the tho year the railway paid pali In taxes of which w was vas s contributed to county treasurers ii in itah tan f pA JA income from rental renta of f facilities and equipment added 1 1 to the operating income Th the rhe company showed various other items item of f income cuch as 1 1 from the lease of the road t the to he the federal deral government and ii In dividends from securities held making the he company's gross income more than thai B The railway Income sheet shows deductions deductions do de- de from gro gross s income of about abou for various charges and th the thenet net let railway operating income was wa therefore 59 The company through Its receiver however had t tp ray MY nearly 3 in interest on or funded debt and more than 2 00 n i interest interests on debt so that thai Its ts total net income was only 1915 32 38 From this was applied t to toa o a a. sinking fund for first mortgage t bonds and the remainder w rent into the profit column INCREASE IN REVENUE The railway operating revenue ol of represented an Increase in it evenue Venue over the pr preceding eding year of 7 The Tho railroads railroad's freight reve- reve revenue l nue ue e was just about an m- m in- in rease ream rease of nearly 6 over the figures fig while r revenue f was vas a increase ase tIn ILIn In Utah according to the report the revenue was more than 11 11 and the passenger revenue more morr han ban lan 2000 the total operating in Utah being approximate approximate- Of the ex- ex 1 the amount spent in Utah was bout The operating ratio ratio proportion proportion o ol of ses to revenue revenue for for the entire lineas tine line e cas vas as per cent while that for tah was 81 48 per cent indicating lat hat other ends of the line tine paid rather inter g ter t r than those pf If Utah during the ear par I i t LT The e Denver Rio Grande op operates r tes n rY- rY J to 11 U miles of road and a ital otal otal of 1060 52 miles mites of track Of this I mount un j 20 miles are main lin tint line rom pm the Utah-Colorado Utah lino line to nd 45 are branch lines and s. EQUIPMENT t ff is the close of the year tho the com com- any iny had locomotives 1699 freight rain aln cars passenger train cars cars cars' Inda id a total of cars The system operates 2735 miles of gain ain track of which miles are arel l irrow gauge iThe The average passenger traveled wiles lies at 2787 2 cents perm lie ale The verago freight was hauled miles at cen cents s per ton per mile In Utah ho e average average passenger traveled illes lies lles at 2 2604 cents per mile and the tho verago ton of revenue freight traveled 37 7 miles at 1 1343 cents per mile Something over tons of sight was carried during the year of Which lich was products of mmes mines nd id tons of this was us s coal Products of agriculture rep- rep tons and of animals lefly cattle and sheep tons The company employed em- em byes on th the average and paid them 2 Its locomotives consumed 1st st one fifty tons less than 1 i iris is s of coal which cost the company 44 14 a a. ton |