REPORT OF THE OPERATIONS OF THE Western & Atlantic Railroad FOR THE YEAR ENDING JUNE 30, 1912 REPORT OF THE OPERATIONS OF THE Western & Atlantic Railroad ATLANTA, GA., October 1, 1912. To His Excellency, Hon. Jos. M. Brown, Governor of Georgia: SIR: In accordance with the provisions of an Act of the Legis- lature of the State of Ge.orgia, approved November 12, 1889, pro- viding for the lease of the Western & Atlantic Railroad, the annual report for the fiscal year ending June 30, 1912, is herewith sub- mitted: RECEIPTS. Freight______________________________________$ 2,051,791 81 Passenger __________________________________ _ ~ail _______________________________________ _ ECxpress _____________________________________ _ Other Sources_______________________________ _ 553,842 03 78,597 95 113,086 15 124,794 54--$ 2,922,112 48 OPERATING EXPENSES. ~aintenance of Way and Structures ___________ $ 196,580 60 Maintenance of ECquipmenL _________________ _ 443,238 16 Traffic ECxpenses ____________________________ _ 105,287 28 Transportation ECxpenses ____________________ _ 1,283,715 04 (;eneral ECxpenses ___________________________ _ 74,772 28--$ 2,103,593 36 Net ECarnings _________________________._________________ $ Flental_______________________________________ $) 420,012 00 Taxes--------------------------------------Improvements------------------------------- 18,112 38 6,455 6Q--$ 818,519 12 444,579 98 Surplus------------------------------------------------ $ 373,939 14 -2- STATISTICS. FISCAL YEAR 1911-1912. Total number of passengers carried __________________ _ 504,080 Amount received from each passenger_ ___________ _ Total number of passengers carried one mile __________ _ 26,145,498 Average receipts per passenger per mile __________ _ Total tons of freight carried_________________________ _ 2' 114,821 Average amount received on each ton carried_____ _ Total tons of freight carried one mile ________________ _ 215,096,693 Average receipts per ton per mile ________________ _ 1.0987 .0212 .9702 .0095 OPERATIONS DURING LEASE. The receipts and expenditures from December 27, 1890, to ]Une 30, 1912, twenty-one and a half years, have been: Receipts ____________________________________ _ Operating Expenses _________________________ _ $47,066,785 45 32,659,566 42 Net Earnings____________________________ $14,407,219 03 Rental_;-------------------------------------$ 9,034,774 26 Interest ____________________________________ _ 326,633 63 Taxes ______________________________________ _ 268,820 25 Improvements ______________________________ _ 793,103 90 $10,423,332 04 Surplus________________________________________________ $ 3,983,886 99 -3- IMPROVEMENTS. The improvements during the year were: Steel Rails-Difference in Weight-Value _________________________ $ 2,084 70 Siding and Spur Tracks___________________________________________ 280 14 Terminal 1lards-------------------------------------------------- 2,985 34 Interlocking Plants---------------------c------------------------ 379 02 Change of Alignment_____________________________________________ 726 40 Total--------------------------------------------------------$ 6,455 60 Respectfully submitted, J. W. THOMAS, ]R., President.