The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-12-22
REPORT ON The RAILROADS
TNTERST COHNERfE 'ON.
MISSION BMITS T.
% shows That the Operatins Income for
the first quarter "f the Present
Fiscal Year l. - ..O1~, AZ Les Than
Tha, for the Pre-, ieus Fiscal Year.

Tina, for the Pre-, isus Fiscal Year.
WAsHISGroN. Dec II The annual re-
port 81 the Interstate Commerce Com
mission. mad" D,lhhC to-day. contains a
comprehensive series ot tables and charts
IN regard to the operating revenues and
operating expenses Of the railroads of
the country The report includes a
table giving summary 81 ~" operating
revenues. operating expenses and taxes
Of all the roads for tn" first quarter Of the
iisral year ending on .Iun. ~. 1911 These
figures are made p',hlIC for the first tlm"
IN the commission report
Tn. total Operating Incum" for III" first
quarter OF thr present fiscal year WAS
scso. uSi .s2n as compared with scA2 0;9. DI5
IA the corresponding period "t TN" Last
fiscal wear. IL loss nf Si-,u2S. iI8 Fhr tn"
wear ended Jun" ~. 1879. tn" operating
neon. was sS3s .Bl3 lsO. a. compared
with sal .5iT sc2 for the prev ious fiscal
wear. a gain Of SO. oso.c57
III. Commission saws that bv means Of
the monthly reports required Of the rail
roads IL IN possible TO obtain current in
formation respecting present tendencies
in transportation
Referring Ia the pending rate cases
which have attracted such widespread
attention. the report says:
Approaching the importance To the
general pub lie. as well a. To the Interested
carriers. of an early determination Of the
ISSUES presented 10y th,--. cases. every
effort has been made 20 cypeiit" N" pro-
ceeding. A. result of the hearings which
closed on November N strlp-ndous
record il now before the commissions
Hundreds of tariffs naming the increased
rates were voluntarily postponed hv the
carriers until November !. 1910. and again
postponed until February /. 1911 Tn.
cas..~ have been assigned for argument on
January and succeeding days and the
commission intends to announce IT. de-
cision at the earliest practicable date
thereafter
The commission repeats i's reComm"n-
dation for reasonable control of rail-
way capitalization and says that IN"
system Of accounts il has prescribed for
railroads has been drawn IN full r"CoS-
nlt.On Of tn. possibility that II may h.
USED IN the admnist rat ion Of a law which
will give to some Federal body super
vl-ory control Of capitalization.
The report also says hat previous re-
ports hav. made. frequent reference. to
valuation Of railway property. and the
experience. o. TIA" commission during the
past year SELVES only 10 emphaslZ. such
arguments as have been submitted
The railroads are commended for their
efforts look lng Ia uniform classification
an AZ 10 unity rules and regulations. le-
scriptIons OF articles. minimum weights
Tor carload shipments. and tn" number
OF classes which shall govern rate a~si gn-
ment-
~
ments for criminal violation nf the act 20
regulat" commerce have been returned
and torty-thrs-' prosecutions have been
concluded IhITty-ou" pleas IT guilty
wer" received. and the penalties distressed
have ranged IN amount from siD To snn
,HJ the aggregate being sf3. 5IsD. ~ the
fOrty-four indictments returned during
the wear twenty-f have been against
carriers or carriers agents and nineteen
agains; shippers or passengers
Since It's last annual report the COM
mission has announced d.cIs ions IN 6g2
proceedings instituted by formal com
plants or hy th.. Commission On ~ own
motion. and l25 lmIlar "a~"s hay" been
DISPOSED - hv stipulation If N" parties
for dismissal rr motion II coupIarnanrS
for dIsCOnf ln'lanC" Thus -i1 formal
cases HAY" h.-'n removed from the e M
missions doCk'.' during the wear TIL"
number 81 Informal complaints mad" ~.
subject uf CORES pOnd"nc" between ~"
commission iLltf interested carriers SHOWS
. d"CT-a-" Tor 1910 - compared HItl
1879 $50 having ha.n filed during H."
year 1910. ~ against l. 40 ia IN" previous,
year
Ia The twelv" months ended on Nuy"rn-
b"r ~. 1910 ~ SIS tt-iF publications. y ere
fled with IN" Commission This - ~ 'SJ
less than for IN" preceding tw"lN" II. nth.
The commission has compiled a report
on express com pluIs- which contains
comparison If tn" schedule e "Nprs--
Rates In fore" IN $50 with IN" rats IN
force. a the. present time. and th, report
says that thI- comparison shows that tn"
graduated charges Ou cypress freight
commodities. taking hG~1i rate from ~
cents per lp pounds Z" 81 per l'r pounds.
have. been materially InCr'I sci Ini also
that II l's changes III Tigl'~ and ia IN"
ella ~ItiCaiIpI u "pnTrpdIii'.- int Affected
tn" change ~ shipments over ~ per
cent arr, increases
Congress IN June. last placed telegraph
and telephone COmIIui". dong an IN
inrS-aic business under III" Jurisdiction
Of IN" commission Tn" r"pnrt Avs thar
Their" are from - =" no" t"l"Thon"
companies which mas" pro, I~Ion for
Int.rarat" commerce. and Ih" CpnInI-N'uT
il IN doub' n o. whether u ". III" intent
81 Congress to pllC" all fh.'-'' companies
under IrS SUPERVISION and control IL
nov has tn" matter under consideration
IN" commission r.'n"~s ~" RECON-
rn"ndI'IOn which n has mad" IA previous
report for REASONABLE. cou'-"I" -
railway capitalization
We deem - prorrT." SAYS IN" report
10 add that Subsequent observation
and 'Sp"rI"nc" confirm oar Cpnvi'usn
A. To IN" wisdom and Ur.''u' ned ~
proper Legislation Tor IN" purUD-'
tn. commission al" repeated ~" lrgtG-
rn"nt contained ~ last year report ia
favor nf oil CiI val .ItipT 1T railway
property