REPORT OF THE PANAMA. RATLROAD COMPANY. vit

tion of more machinery to take care of the increasing and great
amount of work done in this branch of the department.
Operations for the fiscal year are shown below:

 

 

  

Stock on-hand Jume 30; 19072 302) ee ee $433, 730. 75
Notal stock received = {3304.60 ee 3, 564, 720. 25
3, 998, 451. 00
*Total sales, disposed of as follows: |
Isthmian Canal Commission hotels and messes. Ce 80. 2OOsO2
Various departments Panama Railroad Company .. Se ce nee area, 71, 739. 82
Panama Railroad Steamship Wine 22 5, 410. 51
Isthmian Canal Commission hospitals and sanitary department,
(charged direct): ) 2 2. ee 226, 185. 00
Various Isthmian Canal Commission departments on awards from
material and: supplies soe... es ee 87, 034. 71
Cash sales (principally to United States ships).........-...-..----- | 7, 854. 78
PersonalcacecOumis: 0 oe 84, 397. 72
GpupOn sales sos ee a ee a ee nr oe 1, 864, 487. 22
Supplies used from stock account ‘‘Expense accounts” ......-....- 71, 231. 71
3, 193, O97. 99
mvyerage per month 2930 2 ee Ue ee a oe . 316, 133. 17

StockJonshand June:30; L908 2 a es ee ee 782, 735. 95
MATERIAL STORES DEPARTMENT.

This fiscal year has been one of great activity and improvement,
both in the amount of stock disbursed and in the addition of new
storehouses, pipe and casting racks. These additions were abso-
lutely necessary, not only for the more economical handling of mate-
rial, but for its actual preservation.

They are as follows: One warehouse with two floors, 43 by 133
feet, at an estimated cost of $11,130.79; 1 casting Tues, 33, by 270
feet : 1 pipe rack, 25 by 60 feet.

These improvements have made possible the oonblee and proper
classification of all material at one place, which formerly, for lack of
proper grounds and storehouses, had been widely scattered and
required a large force to handle.

The saving in operating expenses resulting from the construction
of the new warehouses and racks did not become apparent until May,
on account of the expense of moving the material to the new buildings
and the heavy shipments of lumber received, but our pay roll for
May, 1908, shows a decrease -of $1,107.80 over April, 1908, and
$1,962.80 over May, 1907, while the amount of business transacted
was $115,829.25 in May of this year and $117,478.48 in May of- last
year. Since the amount of business was about the same during the
two months, this saving can properly be attributed to increased
facility in handling.
pune the fiscal year the store department handled material as
ollows:

ee DEBITS. |
Matertaleom hand Julyol, W90;es 6 2. $227, 374. 50
Material received by New York invoices..........-.-- I, 315, 700. O1
Material received by purchase from Isthmian Canal ~
COMMISSION: 4: a eS 342, 547. 56
. Material received by shop work......- ee ee 110, 571. 82
Material received by other purchases: 2 2.5 9.222 34, 132. 10

Motalede@bite 4 ee $2, 030, 325, 99