OCR Text |
Show INCREASED EXPENSE EATS UP REVENUES Operating 131.76 miles of railroad and 162.46 miles of track between Ogden, Utah, and Preston, Idaho, the Utah-Idaho Utah-Idaho Central Railway company ts the first to "file with the state public utilities utili-ties commission the 1917 statistical and financial report required by state law. Despite an Increase of $132,994.29 in ooeratinsr revenue in 1917 over that of 1916, the road, at the end of last transferred to profit and loss a deficit of $249,716.67, as against a favor-BSfie favor-BSfie oaiance of SS575.54 at the end of ISIS The" total operating revenue for 191J .is reported as S773.73S.31. An increase of $12S, 939.61 in operating expenses lor 1917 offset the Increase in revenue, the report shows, and it states that taxes and interest charges, including includ-ing those on the funded indebtedness, increased in-creased heavily last year. |