Ogden Standard-Examiner | 1921-01-13 | Page 2 | Higher Railroad Rates Found Disappearing

HIGHER RAILROAD RATES FOUND DISAPPEARING WASHINGTON" Jan 13 Railroads earned $57,741,937 during November, oi $41,34I.fKI3 less than was expected under the Increased rates, according tc figures announced by the Association Associa-tion of Hallway Executives. The figures fig-ures show a loss of about one per cent ocr October, it is said. Total operating revenues for November No-vember were $56fi.Cfi7.ns7 Which is 14 per cent greater than in November, Novem-ber, 1019. while the operating rpetl sen were 4 S5.4 f-C.f S 'j. or per cent greater than In November 1919 Net operating Income, according to the association, as-sociation, was 170 per cent greater than a year ago, 4ue principalis to the coal miners strike of 1919. The western district showed a revenue reve-nue of $232.513,94, and operating expenses ex-penses of $190,107 7.15. The net operating op-erating income was $C0.7aJ.983 On the basis pf the incomes reported, report-ed, the association said the railroad would earn but 3 1-.' per cent on their valuation as (ixed b the Inter-1 state commerce commission. Instead( of the six per cent fixed as a proper, return.