Evening journal., 1920-06-05
CO.
RENEWS PLEA
FOR sc FARE
Continued from First pagp


Continued from First Page
expiration OF three months Justified
IL they would revert 10 the old rate
OF fare, six cents. on the other hand II
the revenues decreased the utility
commission would grant fare in
creases.
The following conditions were made
by tho utility commission at the
time.
4. All operating expenses. taxes
and other charges as pposribed by
tho Interstate Commerce Commission
in rs uniform sysbm OF accounts
for electric railways.
?. Fifteen per cent. OF the cost or
improvements, beLlermants and eN-
tensions, being the portion for which
the company Is not enutfd 10 sell
its bonds.
3. A return OF s per cent. on the
valuation OF the said electric railway
properties shown by said appraisal,
plus So per oent. OF the amount Of
improvements. Oettefmnls and "a
tensions shown By said semi-annual
statements.
The traction company at the ex-
piratiOn OF three months asked for
an extension OF time on the agree
ment made with the utility board.
This WAS gInnted. Two months ago
the valuation OF the oOmpanys sys-
TEN made by Orumm and Company
OF Chicago, was submitted 20 the
public utility commission. lNis re-
port placed a valuation eXoefding
SSOOO0O on the cOmpany'S lines ana
prOperLy In the city.
In a financial report for April ap-
pended 10 the paper filed with NE
utility commission the company
points out a loss OF S6OO2.IO through
ihe operation OF the street railway
lines. The same report shows a sur
plus Of S20li662 gained through
other branches OF the eOmpany's op-
erations, or a total surplus OF Si3'-
6i4.g2.
The following extract covers the
main points raised On the Dried OF
the company.
hereof is a certified statement show
ing that under and in accordance WIN
such order OF the commission hereto
fore made, the receipts from passen-
gers DO which the company would 1e
entitled would require a fare OF 9Vl9
cents per passengT-
It is practleally certain that at that
rate OF fare the total passengers car
ried annually would decrease and
as a result the rate OF fare
named might have TO be fur-
ther Increased, In order 10 give
the company the necessary reVenuts,
10 probably ten cents as Is now he
rate in the oities OF Pittsburgh ana
Boston and in over 90 other clties
and towns.
well be a more complete usllilea,
tion OF the oOmpany's position that
N Vvas and Is fully entitled TO the
eiQht-cent fare which n heretofore
reUiested. and which request Is sun
pending before your honorable pody'
THE company feels reluctant 70
ask at the present time for what lhe
eyidenoe clearly shows 10 Is entitled
Ia. and before being driven thereto
n feels that Il should make me eA.
Derimeni for a time at least, oil
charging less than 9Oi9 cents as thl
rate OF fare. This Is On he nope
that eventually, and in some way on
other the cost OF operation may Dt
so reduced as 10 avoid the netesslts 2
OF again increasing the rate; aluipubil
as a matter OF fact, such decrease m ~
Z nnNI Oh UINNANlNM wv" ANN
be ACTUALLY impending
AS a temporary experiment, now
ever. until such time as the needs oi
fhe rompany may otherwise dictate
Inc comuany again asks the comm -
sion 10 ffx the rate OF fare 70 De
charged bv 10 at eight cents, anu
mat any and all requirements Tor
Inc sale OF tickets shall De eDol-
'silSp aSSis rate OF fare would produce,
s.e,n the same number OF passengers
~ were carried last year, s2yO ihh
iezs than the company, under VI,
order Of the commission, would ny
the nresent tiIne be entitled 70 l
company hopes, however, ViAl soil.
increase in the number oi fdsls lllss
occur eventually, even hlousN s,iit,,,a
be an immediate temporary oso,,, ls.,,,r
off and it Is willing at Ile pi's0a,i sr,i
ttn,a 10 make the experiment hlu
-. 49, scre rgays FOR an order author
Linz Al 10 charge eight cents per pas
sanSar se'n5 as lis rate OF fare, as aDoNe
SSifl. SVfs s.N1NGTON & PHIL. TIlAN.ql, ~, 90
NAi''li-'e Nv n. w. WILSON,
VieePresident and Gen. Mgr
Attest:
D. L. OFT.
Secretary. -
mated Ath day OF June, 1870; -.
Under ordIsr OF Public Utility Nonl-
n,ission for the city q Wllminelou
Hate Oetober pa 1910. OF the Electric
halfway Proeriies owned, a leasen s., u'
nDeraied in the State OF Delaware Joy Joy
Wilmington and Philadelphia lraoeiol
/ Company. ,.o.
All operating expenses,
taxes and other charges, as
rrescribed by the Interstate
! commerce Commission IN lts
uniform system OF accounts
Tor electric railways, for NE
year beginning June tst, IVY
| iinelndes depreciation at rate -, 20,
az 2 per cent? ---,-..;..;,,. .si''4l''o'
. FIFTEEN per cent OF uhe
cost Of improvements, better
Soerts Sos, and extensions 70 rail-
,l,avs ,,- Tor the year beginning
Inn lime 1920, being the Por-
slon Tor which The company
y son moi entitled to sell Us
bonds Estimated eNpenai- aooo