PUBLIC UTILIT!
Dated
eee 1917
. 1918
ao
BONDS OUTSTANDING, As of Dec. 31, 1929
Int. Pay. Rate
Purpose
Extension......
Extension.
Series 1...
Series 2?
Series .
Series |
Series £
Series]
Series |
Series
Series’
Series
Series
Series |
Series
Series
Series
Series
Series
Series
Series
Series
Series
Series
Series T+ 1
Oct.
Nov.
Mar.
Oct.
June
Mar.
Apr.
Nov.
Nov.
Mar.
May
May
May
May
Dec.
July
Apr.
Aug.
Dec. 1
Dec. 1
Nov. 1
Nov. 1
Mar. 1
June 1
Oct. 1
Due
1923-37
1924-38
1925-39
1925-39
1926-40
1027-47
027-4
9127-4
727-¢
328-4
.929-4
1929-4
1929-4
1929-4
1929-4:
1930-4
1937-50
1937-56
1938-57
1938-57
1939-58
1939-58
1940-50
1940-59
1935-59
Serial A&O
Serial M&N
Serial M&S
Serial A&O
Serial J&D
Serial M&S
Serial A&O
Serial M&N
Serial M&I«
Serial M&S
Serial M&N
Serial M&M
Serial M&?
Serial M&1?
Serial J&TD
Serial J&:
Serial A&
Serial F&
Serial J&
Serial J¢&
Serial M
Serial M
Serial }
Serial Jc. .
Serial A &¢
3
ssued
390,000
500,000
750,000
.250,000
600,000
“CC¢,000
000
000
C00
“0
90
20
“00
“0
.
v
:.
y
pa
¥
i
5
y
929
eee 1029
1 1999
C50
500,000
000 000
Outstd.
208,000
350¢,000
500,000
TRE,000
2,000
2,000
L000
,000
€<,000
»11,000
238,000
35,000
84,000
69,000
4.000
¢,000
L000
v0,000
.20,000
000,000
500,000
.000,000
1,500,000
900,000
1.000.000
SEATTLE MUNICIPAL STREET RAILW:Y
GENERAL OFFICE: County-City Bldg. Seattle, Wash.
SUPERINTENDENT: G. B. Avery.
HISTORY: In 1912, City began construction of a line from Third and Stewart St.
to 15th W. and Thorndyke, in Ballard, approximately 4 miles. In 1913, City
accepted, as a gift, the Lake Burien Line, extending from Spokane Street to Lake
Burien, approximately nine miles, half of which was outside the city limits.
In 1918, in order to afford adequate transportation to large numbers of shipyard
workers engaged in war construction, an elevated road was built along Railroad
Ave. from King Street to Spokane Street, and extended on the surface to south
industrial districts. On March 31, 1919, after ratification by the electorate, on
previous Nov. 5, 1918, the city acquire dfrom the Puget Sound Power & Light Co.
the entire street railway system of the city, consideration being $15,000,000 in
20-year utility bonds, bearing 59% interest, principal pavable in annual install-
ments of $833,000, starting March 1, 1922. Principal and interest were paid regu-
larly until 1930, when Puget Sound Power & Light Co. agreed to extension of
two vears and waived principal payments of 1930 and 1931
INCOME BY YEARS
Operation Bond
nterest MM nrecg’s
1918 ........
159
1920 ........
1921
1922 .......
1923 ........
1924 ........
1925 conn
1926 ........
1927 _......
1928...
1929
Revenue
nxpense
ise.
—
LOSS OT
Tain
£,158,153
5,463,392
5,347,175
5,228,102
5,742,148
5,173,907
5,999,938
3,791,315
3,758,291
5,682,933
5S 602 294
3.5668,729
015,031
431,766
953.302
090,283
1,172,250
1,392,806
1,353,136
L072,081
1,086,755
L002 408
205,119
358,752
359,928
pee. ei
i97,11¢
59.299
718,868
591,932
691,196
640,174
R05.486
332, 8
701,766
728,493
744,390
747 2413
e212
8.961
48,452
109,930
585,973
40 0592
-5,
a7
156,:. v
-374,360
207 097
COMPARATIVI CONSOLIDATED BALANCE ° TVET, As of Dec
ASSET! 1929 rog
Plants and equipment... . 086,125 763
Real Estate _..._..._.. 32,902 29
Sinking Fund .... 12,684 I.
Cash «ooo. 04,2414 6
Special Cash Funds.................. €,956 |
Fund Transfer Loans....... _._ .... bed
Accts. Receivable oo... :
Materials and Supplies........................
Deferred Assets .._..... Co
Unadiusted Dehite
Deficit ...............
TOTAL ASSETS
7
Cum'tive
Deficit
"60,705
7.879
“163
575
491
3,359
5,928
»90,782
594,153
537,663
911,823
704 825
Mi
1927
* 080,409
124,146
. 8,316
7 625
40
10
06
ry
rq
R92 29a