Salt Lake Telegram | 1931-11-11 | Page 14 | Rail Pool Scheme is Given Analysis

C I- I Ra Rail Pool I 0 Is ls Given n Analysis NEWYORK NEW V YORK N Nov No v. v II The it-The The il-The The effect cUed of the freight rate increases crease proposed for railroads the in the recent decision of the interstate interstate commerce c cOmmerce commission lon has hu been analyzed by the Standard Statistics company of New NewYork York ork on op the basis of ot a full Still years year's returns using wing known 1931 traffic factors as the base Eighteen of 51 principal railroads will fall fail to fully earn their compulsory compulsory compulsory sory fixed charges charles In hi 1931 based on present nt tI a and Vo would d there there- fore be entitled the under the interstate commerce c commissions commission's plan to draw upon the pooled revenues Nine of at th these e roads however on the basis buls of estimated increment from the rate advance would contribute enough ad d revenue to completely cover their own charges These are arc Chi Chicago cago eni Northwestern Delaware Hudson HUMOn Denver RIo lila Grande Western Erie Central Nickel I Plate Rutland St St. Paul Frisco In addition the contributions of ot Southern South South- ern ern Nashville Chattanooga StLouis St St. StLouIs Louis and LehIgh Valley would be al almost m most st sufficient to fully provide for their own charges and probably permit permit permit per per- mit them to repay any liability that they might incur to the pooL Western Pacific WabasH Norfolk Southern Pere Marquette Soo Line and Gulf Mobile and Northern have such large deficiencies that full fixed charge coverage is not likely to be again attained until a business revival re revival revival re- re re- re vival eventuates These ese roads will probably bly have to lean heavily upon the pool or revolving fund during its existence