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Las Vegas » February 10 , 1954 \M — !|| Mr* James M. Montgomery 15 North Oakland Pasadena* California bcc: Mr. Wni. Reinhardt Dear Mr. Montgomery; Mr. E. E. Bennett Referring to your verbal request for financial data relative to operating expenses, gross receipts and number of consumers of the Las Vegas Land and Water Company for the year 1953* 1 furnishing you herewith the following figures, which I am informed will appear in our Annual Report for the year ending December 31* 1953! Operating Revenues (Gross) 1410,478.25 Operating Expenses Taxes Total Revenue Deductions 215.519.61 245.970.62 Operating Income 164,507.63 Joint Facility Rents (January 1 to July 31, 1953) 92,505.21 Net Income 72,002.42 Net Credits to Profit and Loss During Year 1953 10,741.09 511,300 donations for fire hydrant connections lees $559 uncollected accounts written off, leaving balance of $10,7^1.) For your informati on 1 might explain that the item quoted “Joint Facility Bents'* shown above represents amounts paid the Union Pacific Railroad Company for water furnished prior to August 1, 1953, which is the date when production facilities were taken over by the Las Vegas Land and Water Company.