Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-08-01
SOUTHERN FREIGHT
. ADVANCE IS FIXED
AT rs PER CENT
Passenger Fares Marked
Up Flat 20 Per
Cent Figure.
ADVANCES TO COVER ALL
DEMANDS ON RAILROADS
Are Planned to Absorb Wage
and Other Increases and
Net 6 Per Cent.
IN FORCE ON FIVE-DAY NOTICE
Interstate Commerce Commission
Sets Valuation OF Transporter
ton Lines ut $4,000, 900, 900.
ADVANCES TO COVER ALL
DEMANDS ON RAILROADS
IN FORCE ON FIvE-DAY NOTICE
Interstate Commerce Commission
Sets Valuation OF Transporter
ton Lines ut $4,000, 900, 900.
IBy Associated press1

w WASHINGTON, July 3l.-Increases
in freight. passenger, Pullman and
other railroad rates upproximating an
unofficial estimate OF $1,000. 100000
were approved today by tho Inter-
state Commerce Commission. effective
upon five days notice by the car
riers to the commission and the pub
lie.
Advances OF 40 per cent in railroad
freight rates in the East. % per cent
in the South, 30 per cent in the West,
and % per cent in the mountain-Paci-
lie territory were granted.
Passenger fares were Increased 20
per cent. the amount asked by the
railroads to help In absorbing the
$500 100000 wage increase granted by 4
the Railroad Labor Board.
~ surcharge OF so per cent on rates
for sleeping and parlor cars was
granted together with n 20 Sper cent
Increase in tho rates on excess bag L
gage, and 20 per cent In the rates of 4
milk.
Fairly Advance Anticipated. s,{
! The increases may become effective,
upon five days notice given by the
carriers to the commission and the
public. and they must be put into
effect before January 1921. Since
the government guarantee to tho
roads expires on September 1. 1t is
generally expected that the advances
will be put into force before that
date.
In arriving at the increases tho
commission placed the valuation OF
the railroad properties at SIS, 800, 0 00,-S
600 as against the S20.616,0 100000 as
estimated by railroad executives.
Covers All Demands on Roads.
| The increases granted by tho COM
mission are estimated by 1t as sufl-
! cient to absorb the wage award OF
the Railroad Labor Board, which tho
| commission placed at SG1s.ooo. 900. and
to bring the net income of the carr
riers to the 1-2 per cent permitted
under the transportation act.
This total is about $780, O0. 900 less
than the amount for which tho rail-
roads asked to absorb the $500, 600. 600
wage award by the Railroad Labor
Board and to bring the not income
provided for In the transportation
act. ~
Ship Lines May Increase.
| Coastwise steamship lines were au-
thoriZed to increase their freigh.
rates TO the same extent as herein
granted the railroads operating be-
tween the same points or in the same
territory"
The commission ruled that In CON-
structlon OF rail and lake rates, tho
present parity between Chicago and
Duluth should be maintained. jsF
The commission also gave electrt,
railway lines permission to Increase
their freight rates by the same per-
eentages ne were approved for trunkI
in
commission added that this was mot
to be construed as an expression Of
| disapprovll OF increases, made or
proposed in the regular manner, in
the passenger fares of electric lines,
The commission auth orized the an
pi!cation CT the general increase to
the rates on commodities. Special
rates have heretofore prevailed, and
the charges. therefore, will be In
creased according to tho percentage
ordered IN the various groups. tx
Says increase Justified s
The commission. in it's thirty-six.
page decision made no attempt to }
compute the amount of incr eased rev.
enues the carriers would receive by
reason of the advances. 1t did say.
however. that the increases were
justified in view OF the rapidly chang f.
Ing conditions as to prices and the
necessity for providing adequate
transportation facilities during and
after the period OF readjustment. 81
From figures submitted to the conn.,
mission by the carriers when their
applications for the increases were
made. 1t was unoflcially estimated
that the apportionment OF the adj
Nances would work out at about $I,-
2Sa.3o0,o00 on freight; $233,S0o.0o0 on
passenger; S43.sOoooo on Pullman:
S+,500,000 on milk and s1.4o0. 900 ex-
cess baggage charges. IS
On the same calculations. the East
ern roads would get tho greater part 4
Of the total Increase. receiving apsa
proximately ss73s3o.O0o as compared
with s55a.4S3.oOO for the Western
lines. including those In tho noun
tain-Pacihc territory. and 1885, zSs. 900 I
for the Southern carriers, e
Is $40 Per Capita Per Anntn. -
The increased charges on ffaigHSS:
(Coatinued ON Second PaHel -