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Show ClOEHSI Railroads Find Operating Incomes In-comes Reduced by Large Payments of Wage Increases. WASHINGTON. Aug. 24 Owing largely to big back payments ot wage increases, Ihe railroads under federal control in June reached an aggregate deficit of $58,959,000 in railway operating oper-ating Income as compared with positive posi-tive earnings of 9S,909,000 in June, 1917. Revenues in June amounted S393,-309,000 S393,-309,000 or nearly ?50,000,000 more than in June last year but expenses were swelled to S435.09G.000 and even without the unusual burden of back wage payments the total would have been S67.000.000 more than expenses I in June, 1917. I Eastern railroads reported a deficit! of $32,940,000; western lines $16,161.-000 $16,161.-000 and the southern lines $9,948,000. For the sbc months of federal control con-trol operating revenues were ported at ?2.081,448,000. or nearly $200,000,-000 $200,000,-000 more than the first six months of the previous year. Operating expens-t es, however, were nearly $500.00,000) greater, amounting to $1,S15,706.000. Tho net amount which the government govern-ment will get from the railroads for-the for-the entire six months is approximate-1 ly $151,000,000. In return the govern-1 mcnt will bo liable to pay the railroads $475,000,000 as half of the annual ca-timatcd ca-timatcd guarantee to railroads. Operating income of the eastern railroads for the six months amounted amount-ed to $23,132,000 as compared wiUi $172,389,000 last year; western roads reported $9S,108,000 operating income as compared with $206,S01,000 last year. Southern lines fared better i with income ot $51,653,000 a3 compar-1 cd with $79,012,000 in 1917. j Tho reports for June include very, little revenues resulting from Increas-i ed passenger and freight rates. These, j however, aro not expected to make re-; celpts equal the government's outlay i in railway rentals. oo- |