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Show INCREASED RAILROAD REVENUES. The railroads of the country base their demand for higher rates on tho plea, that they have been losing money ami need moro income. Here are some statistics of American railroad operation for tho year ended Jnn0 30, 1910. The figures are taken from the report of the Interstate Commerce Commission. Thov show a gain during dur-ing tho year, instead of a joss. The pabsenger revenue for the 3'ear Increased from $564,718,617 to $631.-732,131; $631.-732,131; tho freight revenue Increae'l from $1,6S3,4S-1,S17 to $1,935,SS2,S7'?. and ho other transportation revenues from $173,391,817 to $192,702.5G3. Thus tho total revenue was $2,7S7,2CG13G as against $2.-144,691,065 the year before. be-fore. Thin Is an Increase of revenue of more than $310,000,000 th0 past year. Expenses, of -course, hac ben heav- ier But in the face of higher taxes and increased operating expenses the total operating Income rose froni $741,617,902 the previous year to $S3S,-C17.1S0 $S3S,-C17.1S0 the past year, a gain of $97,-000,000. $97,-000,000. A decline of $12,000,000, how-over, how-over, Is reported for the third quarter of 1910. It appears then, that tho railroads gained nearly $100,000 000 in net in-come in-come during the past year, more than one-half of 1 per cent of their total capitalization. It remains to be seon whether the recent downward trend will continue. If the pre3ont year really Ghows n loss, the railroads' demand de-mand for'-higher rates wjll receive more sympathy than It has et been given Boston" Traveler -oo ' |