Show mm lii IW EARNINGS Pennsylvania a Railway Company Re Reports Reports Reports ports Upon the Effect of the Fare law Philadelphia Dec 12 Referring to the operation of or the rat rate law passed by the time Pennsylvania legislature 1 the theby o following statement has been issued ia by br the Pennsylvania railroad An analysts analysis of the Ule earnings earning of the Pennsylvania railroad for Cor October the first month of the time operation of the time I cent fare law shows that the new law Jaw has lias caused a large decrease in gross revenue and a still greater decrease In Innet innet Innet net earnings of or the lines of the company within the state sLite In October 1007 1907 lines linea In Pennsyl PennI Pennsylvania vania anla show a decrease of ot 1000 while the lie lines in the Pennsylvania system outside of Pennsylvania show an In Increase Increase n crease of ot 8 per cent This same me per percentage percentage percentage of increase applied to 10 o state lines would show an Increase of HO instead of a decrease de r se of as above aboe This decrease de In revenue Is absolute and has not been offset in tim any manner by increased travel stimulated by the reduction in the rate rato per mile The figures stated cover the time loss 1088 in gross earnings only The decrease in innet Innet innet net revenue however has been still greater on account of the increased 1 cost co t of operation due to advanced prices In wages and cost of o maintenance I |