INCOME ACCOUNT.

Gross earnings from operation
Less operating expenses

Income from operation...

$1,089,285 26

927,376 07

$161,909 19

$161,909 19

Total income
Deductions from income:

Interest on funded debt accrued during year
Interest and discount on floating debt paid during year
Taxes
Rentals..
Other deductions-interest on bonds of Redondo Beach

Railway Company as rental.
Total deductions from income..

$336,540 00

1,074 79 29,740 33 86,633 60

9,450 00

403,438 72

Net deficit from operation..... $301,529 53 Interest on funded debt paid.
Net amount realized from

Other interest paid.. bonds issued.

2,251,779 82 Taxes Net increase floating debt 322,232 66 Rentals

Equipment..
Constructing new road
Securities purchased
Other expenditures..

$336,510 00

1,074 79 29,740 33 86,633 60 IMPORTANT CHANGES DURING THE YEAR.

Rents paid for leased roads:

Redondo Beach Railway..
Other rentals paid:
Rental of Southern Pacific track between

Colton and Los Angeles -
Rental of terminal facilities used jointly with

1. San Bernardino to Mentone

12.50 miles; put in operation Feb. 1, 1888. * Inglewood to Redondo Beach

10.81 miles; put in operation Apr. 16, 1888. Ballona Junction to Orange

28.97 miles; put in operation Aug. 12, 1888. San Juan to Los Angeles Junction.. 24.18 miles; put in operation Aug. 12, 1888. 2. Redondo Beach Railway Co. Lease dated December 17, 1888, to take effect from opening of road to June 1, 1932. Interest on bonds paid as an for ren *4. $2,149,000 tirst mortgage bonds and $2,449,000 capital stock issued. * Redondo Beach Railway leased.

CONTRACTS, AGREEMENTS, ETC.
Erpress.- Wells, Fargo & Co.
Mails.—United States Post Office Department.
Between San Bernardino and Duarte, distance 41.04 miles, at $180 40 per mile;

$7,403 61 per annum.
Between Duarte and Los Angeles, distance 22.09 miles, at $180 40 per mile; $3,985 03

per annum.
Between Riverside and Capistrano, distance 59.94 miles; compensation not fixed.
Between Capistrano and Los Angeles Junction, distance 26.06 miles; compensation not

fixed.
Between San Bernardino and Lugonia, distance 9.25 miles; compensation not fixed.
Between Oceanside and Escondido, distance 22.77 miles; compensation not fixed.
Between Los Angeles and Port Ballona, distance 18.07 miles; compensation not fixed.
Between Perris and San Jacinto, distance 20.16 miles; compensation not fixed.
Between Los Angeles and Orange, distance 31.82 miles; compensation not fixed.
Western Union Telegraph Company.
Pullman Palace Car Company.

PASSENGER, FREIGHT, AND TRAIN MILEAGE.

Tonnage, Number
Passengers, Mileage,
Number of Cars.

Revenue and

Rates.

852,050 17,473,780

21

$510,218 06

60

02.92 2,265 52

1 22.5

351,701 16,139,662

46

488,927 37

1 39

02.98 2,170 98

1 08 1 07

Passenger traffic:

Number of passengers carried earning revenue.
Number of passengers carried one mile....
Average distance carried
Total passenger revenue
Amount received from each passenger.
Average receipts per passenger per mile
Passenger earnings per mile of road.

Passenger earnings per train mile..
Freight traffic:

Number of tons carried of freight earning revenue
Number of tons carried one mile
Average distance haul of one ton.
Total freight revenue
Amount received for each ton of freight..
Average receipts per ton per mile.
Freight earnings per mile of road..
Freight earnings per train mile-north or east.

Freight earnings per train mile--south or west
Passenger and freight:

Passenger and freight earnings
Passenger and freight earnings per mile of road
Expense per mile of road
Total earnings per mile of road, including mails, express,

etc.
Train mileage:

Miles run by passenger trains.
Miles run by freight trains -
Miles run by mixed trains .

Total mileage trains earning revenue
Miles run by switching trains...
Miles run by construction and other trains

Total train mileage
Mileage of loaded freight cars--north or east
Mileage of loaded freight cars-south or west.
Mileage of empty freight cars-north or east
Mileage of empty freight ears--south or west
Average number of freight cars in train.
Average number of loaded cars in train
Average number of empty cars in train
Average number of tons of freight in train.
Average number of tons of freight in each loaded car

999,145 43

4,436 95 4,117 83

4,836 75

416,389
192,806
51,924

661,119
109,089
58,506

828,714

713,207 883,258 613,094 427,569

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