Net income was increased on nearly all properties from which reports were received, and combined surplus was five times that for 1928; traffic held up well, and with some increases in fares gross revenues were greater; higher schedule speeds, reduction of wastes and judicious extension of bus service all contributed to improved showing; combined operating reports of 202 electric railways for calendar year 1929 compared with 1928. (See also J. Murphy. Elec. Ry. Jl vol. 74, no. 6, June 1930 pp. 318-322, 2 figs)
1929 Was a successful year for electric railway
Aera
Aera ; 21 , n 5
1930
4 pages
Article (Journal)
English
© Metadata Copyright Elsevier B. V. All rights reserved.
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