Ogden Daily Standard | 1917-07-23 | Page 4 | Roads Report Big Earnings

oo All Lines Show Increase in Net Revenue of About $3,455,000. BIGGEST GAIN IN WEST Revenues Jump Ahead $22,-000,000 $22,-000,000 to $139,169,370 and Expenses Increase $14,000,000. WASHINGTON. July 23. After five months of decreased earnings compared com-pared with ayear ago, returns from all the railroads to the interstate commerce com-merce commission for May, made public pub-lic today, show an increase in net revenue rev-enue of approximately ?3,455,000, and an Increase of ?1, 100,000 in railway operating Income over May, 1916. Operating revenues totalled $345,-773,079, $345,-773,079, an Increase of approvimately $44,000,000. Expenses increased to $238,682,879, leaving net revenue from railway operation of $107,090,200. Op-orating Op-orating Income was $92,079,5-18. After taxes and uncollectablo revenues have been deducted, an increase of approximately approxi-mately $2,700,000 In the railway tax-bill tax-bill Is recorded. The biggest gain was shown by western roads, whose revenues Jumped from $22,000,000 to $139,169,370. while expenses showed an increase of approximately ap-proximately $14,000,000. Western roads paid approximately $1,000,000 more In taxes than last year, leaving net operating income at $41,-633.260, $41,-633.260, as compared with $34,911,046 in May, 1916. an increase of approxi-4nately.:S6,720,oO0. approxi-4nately.:S6,720,oO0. j