Salt Lake Herald-Republican | 1916-12-24 | Page 26 | French Railroads Fac Heavy Revenue Loss

I FRENCH 1 RAILROADS FACE REA HEAVY VY REVENUE LOSS LOSSI f Paris Parl Dec 23 Increase Increase In the cost M ct ot f coal track material and rolling roIling stock have added so to operating expenses ex ex- peruses penISes o of French railroads s that notwithstanding notwithstanding not not- withstanding a considerable increase in receipts since 1014 1914 they show a def dd- leit of ot francs for tor the two lineal fIcat y years ars following the outbreak of war The The principal lines Jines spent francs in the tho year ear 1913 IG they received For the fiscal year 17 the anticipated outlay Is An increase of 17 per percent percent perCent cent in receipts Is expected but this will still leave leae a deficit of for the year An 1 idea lea of or what coal prices mean f I to the railroads is seen in the fact tact I that the L Paris Lyons and Mediterranean I ranca lines spent francs for coal in 1 1913 1911 1 and francs In 1916 Steel rails that c cost st ISO france franca a ton tonS before tho the war ar have gone up to 65 francs Railroad tics coat cost 12 per cent more locomotives arc are 50 O per cent higher nn and are arc going on toward a per cent while ears cars have havo gone up from per cent to 30 per percent percent percent cent since 1913 The deficit of at the state railroads was in 1914 it is estimated at for tor the current fiscal year car M. M Ribot minister of ot finance points out tho the necessity of or Increasing freiri passenger r J