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Show RAILWAYS PREPARE RATE HIKEPETITION WASHINGTON. Nov. S (UP) Railroads will submit their petition for a 15 per cent horisontal increase in-crease In freight rates to the Interstate Inter-state commerce commission by Friday, Fri-day, the Association of American Railroads said today. Confronted by mounting coeta of materials and supplies and labor, ths carriers hops to obtain a quick decision on their plea for 39,000.-000 39,000.-000 additional freight revenue annually. an-nually. Hearings en $47,900,000 of Increases In-creases on the so called basic commodities com-modities recently granted by the commlslson extended from early in ths year until late falL |