New Britain herald., 1921-02-14
N. H. ROAD DATA IS
 GIVEN AT HEARING
Brief Shown by Testimony Before Interstate Commerce Commission

< definite and constructive policy has been consistently followed during the past several yeara by the New Haven. This was for the particular purpose of giving the public the best service possible: also of putting it's house in order before proceeding with a request for the further adjustment in rates or divisions which are necos- sary to establish credit. Its transpor- tation system exclusively serves ap- proximately three million four hun. dred thousand people in Southern New England, 3 1-4 per cent. of the population of the United States. Dur. ing these several years industry has prospered. Transportation furnished has increased more than one-third. Credit of the system is essential to its continued improvement, which in turn is a necessity to the prosperity of the territory 1t serves.
 Federal Control.
 The New Haven System entered federal control with a test period sur plus of approximately s4.6o0.00o per annum. and an operating ratio in 1917 of = per cent. After federal control it finds on the basis of all ac- counts combined. but excluding gov ernment guarantees. a deficit of ap- proxifnately s2S.oo0, ,O00 for tho year 1920. and an operating ratio for Sep tember, October and November aver aging 9l.4 per cent.
 Financial Statement.
 As the information preparatory to the rnte case, Interstate Commerce commission Ex Parte "A, indicated that the inclusion of the New Haven fin th0 Eastern Region would benefit tho whole approximately s15.G0o,- 900. but the New Haven would he short this amount in earning per cent on its property investment ac- count. negotiations for increased divi- sions havo been under way siiIco April. 1920. If the New Haven had received through divisions or other wise the approximate amount of s15,- 500. 900. and if the changes in ''osts and revenues subsequent to the appli- cation for tho increase in rates had not occurred, it would have over s6.. 900. 900 surplus par annum under or dinary traffic. On the contrary. pres ent results show deficits of. $733,7c3 for September: &1,257.4s7, for Octo- Der; S1.66s.0s5 for November: and an estimated deficit of s17,342, ,616 for the year ending September I, 1921.
 Present information from the Bu- reau of Valuation indicates that the property investment account will be exceeded over s12o.00O,0o0. If the return was to be based on valuation. count. the amount short of 6 per cent would approximate S22,s0O,00o. in- stead of SIS, 5,600.00o.
 Dificulties.
 Tn explanation of the cause of the greater difficulties of the New Haven. and in comparison with roads west: Cost of transportation of
 fuel oves foreign car
 riers hal increased, due
 to increases in rates
 which arc in their be-
 half S3,o5O,OOO less amount ,resultI in
 total from the rate ad-
 vances because they
 were greater on freight:
 New Haven traffic di-
 vided about 5o-50; roads
 west averaged 75 per
 cent. freight, 25 per
 cent. passenger ....... 100000 Effect ot increases in fuel.
 materials and labor: the
 increase for that portion
 0. labor only. covering
 the greater number of
 employees required for
 performance of distri-
 butive and terminal
 service .............. s.ooo.ooo
 Total .............. .319. $50. .o00
 Tn pursuance of its constructive programm during the past several years. the following results have been obtained:
 SIS. .OOO. .OOO Expended.
 Approximately $49.oo0,0oo have been expended on capital account. not including approximately $20.000.- 900 for equipment which has been received under trust on which pay ments of s6.s0O. 900 have been made. These improvements have enabled a transportation record for two years. which except for period of strikes and weather adversity. would have been without necessity for general embargoes.
 Progressively increasing traffic of 35 per cent more in ton miles and 3s per cent in passengers one mile.