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upr000050 129

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upr000050-129
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    the same period, the *&ter Oonjpar.y received 907,437,300 m l Iona, costing # .0403 per 1 gallons* Of this coat, f .01933 m.3 paid to the Hailroad Ooapany, this paymnt totalis #17,733,93 trielo.Jea the items of 5 per oent inter eat end'4. per cent dapreeisMo© m the itcdlrced Oemmay’a ixro state* t, or total fixed charge* of 10 per. cent pirns issuance, taxes, .mints**-.nee and operation# Hal Bfcter Ootapany received inreventie #51,664*02, equal to $ .0669 per p aslloKfl. She total asperses irmtrred by the %ber 0ost»ny, Including Interest and depreelation (paid to the Heilroad) ^sieh -la treated as & rent item, w*r* #36.566.86, equal to § *0403 per- 1 gallons, leading a. net re-renoe acoyngint to the Water Coapony of #15,'078.17, equal to # *0166 par 1.1 gallons. In aubstaree, the imilroad Ooapany received freia the %ter Coispeny 6 per cent interest 4 per .cent -depreciation, in sox rinse, t xefe a M mltttonmtie* leavin'- the - %ter Criapcny the net re-'erne above mentioned. which was equiv­alent to 16*HD per, cent on the boot: raise of the Water C sipany’a in* resteent, vis*'#89,861*29, It ceenro to n» that, taking into account the low cost of water to the Bailroad Oompany, the social theory which nmrm to exist In Las 7©.-«g, perhaps accentuated by the city’s proximity to be new Saa, etc.» the Water Company ahoaldmfce the Intro stniiit roc emended as Insurance against^ a mter Cherts, -e* It it not probable that roach could be aceoiapliShed in the vi&y-of redo d u g eon sumption *dien the total cost per E gallons is as low as that existing' iti Las Tegas* For oaEsssple, If tip -ater Company m ployed men to police mate on the part of commercial users, so-6h policing would cost -not less than #1,500 per. year, Without any increase in revenue to substantiate