The Penn's Grove record., 1921-06-24
Increase of Cent in Rate Believed
to Indicate Similar Treatment
of Public Service.
GIVES FARE OF EIGHT CENTS
Trolley Company Had Asked for Ten
Cent Rate-Authority Is Granted
Also to Charge One Cent
for Transfers.

to the Trenton & Mercer County
Traction Corporation, is considered
significant of what may be expected
from the commission in the way Of a
decision on the Public Service Rail
way Company's application for in
creased fares. The decision left in
effect the one-cent charge for transfers.
II declared the present ~seven-cent
fare to be Inadequate for efficient
maintenance of the company. but did
not consider the Company'S request for
a 10-cent fare Just and reasonable The
Public Service rate must be fixed by
July 10.
The following comment Of the com
mission on the valuation fixed by
Ford, Bacon < Davis on the Tren-
ton concerns property indicates that
the same firms Sl25, 100000 valuation
of the Public Service property may
not be given much weight.
The Ford, Bacon & Davis report,
however. expressed a conclusion not
based upon actual costs, that the value
Of the property taking into considera-
ton pre-War prices. war prices and
nost-wor nrices would he in the neigh
borhood of S5,000,000."
This as tbe commission noints ont
is the highest of four different yalua-
tlons set upon the Trenton COM
nonv,s ronartv Nevertheless the
commission estimates hat an eight
cent fare will render annrevimataIv
: ner cent NET rafIrn on tba Ford
bacon & Davis ~vaIua+ioD
PrincinIes Involved i'm the Trenton
comnanv,s a~nnIicaffou are in many
noints Identical with those in the an
nIicatfon eff the Public Service Born
comnonies contanded that onaratiua
costs had increased materiaII- since
tbe last adfnstuant of ratas The
commission sustained This argument
saving There is NOT at tbis fine any
nrosnect that tbe downward trend af
nricas will so lesson onara+ino costs i'm
tba Immediate future * to affaef rEa
concIusfop reached in this case
nIo,. CO., po
Do'i y q ig-eTI's
~" ~ Pio3''''
-. -,,LIia a. -,
said "If sucb fare should be charged
and the number of as estf-
mated Inv the comnanv sbouId mo COR.
rfad tho return to If ,von1d ha mora
+bon II &c foirr,. a~rtf+1ad 70 ,,oooira If
however +ba result of s1ch q fora
ebor1d materially o,rr,fI +ba usa of tba
t~roIIavs +ha va1le of the service v1ouId
he imnairad and IeSsanad to tba pub.
lie and +be ms might not obtain
moro ravanua than would accrua undar
an aioh+-can+ faro
Tho hoard assumed that an niob+-
cent fare wouId increase the com
nanv's revenues $4,000 annually.
win S1O0OO off for additional fran
cbisa fax II figured the NET increase
would he S1S5 600 which. added To the
present NET revenue of S158OOO. would
amount in all TO $4,000. This sum.
r was noin+ad ont Is nearly 7 ner
conf ro+,,rn On tho bicbas+ estimate
of rho vaIra of rho comnanv's Dron-
ertv and unfortunately s per cent
on tho lowest valuation
,,or p.++r. Anal,
AHIhss poii.ie"' "Ppe", " DC 50
naplls up loi t!e i"ai nipai
% - IYtHS '7
"'' i11 TaLu 49, IN
IoSeu O+
'He eiOi' Pu' -
mains "
anu eiens " ! !" "0 80 80 .
s"iu tH"I q -"
ioi " g
vi - upPoi .sg
eie1t lneii'ei9 u ~ 80 49,
81 - az
o"Aeu g." q" So
NJ aIl 'itoSe VIZ NJ ." a.
"u'oI"'os - ~,
are H'eS aI IS-|m 81
~ - ~ 80
Se9Siu'' 49, p
~ Hneii'"i' A'o- -
i"ls "eo - b
.ie - 800 80
Jeo'eu T