Show LOVER RATES ON PENNSYLVANIA Board of Directors Reduces Maximum Far s 2 Cents Philadelphia Pa July 31 Important changes In passenger rates r tes were an announced announced announced today by b Fourth Vice President John B Thayer pf the Pennsylvania Pen rail railroad railroad railroad road following a meeting of the board of directors of that corporation The com om company pany has decided to reduce the maximum fares from 3 and 3 cents to 2 Z cents a mile mUe This action will involve a readjustment of all through fares from front the south and owing to the vast amount nt of work entailed by reason of the change the new rate of fare will not become op operative operative operative for some time Ume probably Nov 1 It Is assumed that the connecting lines which reach New Yo by way of Cin Cincinnati Cincinnati Cincinnati and Louisville will ill meet the Penn Pennsylvania Pennsylvania Pennsylvania sylvania Railroad reduction by bya a readjustment of fares so that all southern south southern southern ern passenger traffic whether by way of Washington Cincinnati or Louisville will willbe willbe willbe be on an equal basis Thousand Mile Tickets The company will also on Sept 1 place on sale tickets valid only on its lines east of Pittsburg and Erie at atthe atthe atthe the flat price of 20 These mileage tickets tick ts will be No change Is to be made in the price of the Interchangeable mileage tickets now sold by the company compan which are not and upon which a deposit of 10 above the regular price Is required It is estimated that 50 interchangeable mileage books are pre pro presented presented daily on the various roads and of this number 65 per cent are ire used on the lines of the Pennsylvania railroad Vice Presidents Statement Concerning the tho reduction in fares the announcement made through Vice Thayer says This reduction of fares has been the subject of serious consideration for u year oar past The company compan has hp expended large sums to build relief lines upon which freight trains s should be moved that this class of traffic might be diverted from the present main lines and thus t liability of delay to the largely increased passenger service The company has believed that the time would come when a much larger traffic could be handled profitably with a reduction of the present rates of fares |