Show r RAll WAY REBUILDING COST GOST Tn 1 l COMMISSION I J y x Carriers Say Reproduction ion f Gr Greater Than Amount I f i of V Valuation t r rM I It M 1 M WASHINGTON May 28 Prelim J 1 inary rY reports of ot the interstate te commerce com- com l merce pierce commission on the cost coat of ot reproducing the co country's up try's railroads were wee introduced before the commis- commis today by the card earners carriers rs a as sustaining sustaining sus sus- u their theU property investment account figures on which they base their request for freight ht advances aggregating so as to yield tho the 6 per cent return allowed sunder the transportation act Thomas W W. H Hulme of Philadelphia vl vice e. e chairman of the tho carriers valuation valuation i tion committee told the commission i that government engineering reports a for or fifty tiny system with a mileage of showed the ost oat of ot reproduction I at at 1914 prices including the value of and Jand to be bo as aa compared a property investment account of oC carried on the books of ol tithe the c companies J 1 l. l When hen inventories are completed for tali all the roads of ot the country countr Mr il-I il declared they would show n 11 Reproduction cost COlt on the 1914 prices Mn it excess of the carriers' carriers own investment invest- invest ment statement and that on the basis 0 of present prices the total would be he afar far in excess of ot this Costs now now he said arc are more than per cent above i those prevailing in 1914 |