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FORT MASON TUNNEL ACCOUNT-ACCOUNT 1. SCHEDULE 1.

Analysis of account showing liquidation to June 30, 1924, of the cost of that section of the Fort Mason Tunnel within the confines of the Fort Mason Military Reservation, in accordance with the agreement between the Board of State Harbor Commissioners and the United States Government.

EXCERPTS FROM AGREEMENT REFERRED TO:

SECTION 3. "That all freight of the United States, or freight originating or incident to any portion of the region to the east or west of Fort Mason passing through the tunnel shall pay, in addition to an equitable track and switching charge, a tunnel charge of $10.00 per car."

SEC. 5. "All tunnel charges shall be applied toward paying the cost of the work

including interest at 5 per cent per annum, and as soon as that sum has been paid said charges will cease and thereafter there shall be no further tunnel charges. If unforeseen or unusual conditions or accidents shall at any time make a further charge necessary or equitable it shall be governed by additional regulations of the Secretary of War."

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BOARD OF STATE HARBOR COMMISSIONERS-ACCOUNT 1. SCHEDULE 2. Analysis of property and equipment as of June 30, 1924, and June 30, 1923, showing comparative values of real estate, piers and wharves, buildings, equipment, etc.

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BOARD OF STATE HARBOR COMMISSIONERS ACCOUNT 1. SCHEDULE 2-Continued.

Analysis of property and equipment as of June 30, 1924, and June 30, 1923, showing comparative values of real estate, piers and wharves, buildings, equipment, etc.

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Union Depot (includes Ferry Building extension, American Express Building, etc.).

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BOARD OF STATE HARBOR COMMISSIONERS-ACCOUNT 1. SCHEDULE 2-Concluded. Analysis of property and equipment as of June 30, 1924, and June 30, 1923, showing comparative values of real estate, piers and wharves, buildings, equipment, etc.

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Belt Railroad-roundhouse, shops, offices, main line, tracks, yards, spurs, tunnels, etc..

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BOARD OF STATE HARBOR COMMISSIONERS-ACCOUNT 2.

Comparative statement of revenue and expense for the fiscal years ended June 30, 1923, and June 30, 1924.

Operating expense

General and operating expense
Repairs and maintenance.

Net operating revenue.

Miscellaneous receipts and adjustments.
Interest on bank balances.

Miscellaneous expenditures and adjustments

Fixed charges

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*Decrease

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