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Digital Provenance
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Transcription
CITY OF PORTLAND « CITY OF LOS ANGELES CITY OF SAN FRANCISCO • CITY OF DENVER Hbv. 15, 1939, Dear Bills 50ti\ Referring to our eonversa tion while T was last in Los Angeles, regarding earnings of the Las Vegas water system, I am herewith enclosing a pencil statement for the year 1938 an for 1939 up to the 1st of Octo Our net income runs aroun $1800 per month, and our reven for 1939 have shown a steady i crease. The net of $16,958.30 for 1938 represents an earning of 18.4$ after paying the R.R«! about $2O,OO0for "Rent of Pipe Lines". Even after deducting 6! for General Expense, we still earned 9.3$, and from present indications we will do better this year, even including the Work Order expense for replacii the old redwood with cast iron* W.R.B. SERVES ALL THE WEST
