| OCR Text |
Show 38 cent as a fair rate of return; in 19221 operating property fixed 5 ance 1/2 per during the cent as a of 05 per cent for railroads have only 1942 and fair return as a earned such road rate level No 0 as a 6 per the same ever? guidel ines Act of 1933065 carrier costs and a were net income on net Congress an allow- property investment abandoned by Congress in Since 1933 the. ICC has used been used in by the ICC since 1933 to (which revenue railroads in the United States earned 7 per cent the rail- evaluating includes those property investment per cent to railway However, the United States Western railroads 0 earned 3058 per cent year earned 63 operating ratios, specific guideline has 66 cent return on railroad property with cent rate of return on The above evaluate the railroad rate level serving Utah) on capital requirements. Emergency Transportation other factors? 3/4 per In the transportation act of 1920, 0 fair rate of return new 1943064 used 5 if in 1963 and in of 905 per cent, net income to 67 How- revenue in 19630 Since the author! s 63 Ibid 64Ibid definite guidel ines formula leaves 0 1 P 0 346 R4 as have been established for railroad 7 per cent net income to earnings revenue as a guide 0 0 65Ibid 01 66Ibid 0, 67 1964), no po 2470 p . 3470 Railroad Facts, p-- 1964 (Chicago: Association of Western Railways, 0 |
