Jasper County Democrat, Volume 19, Number 16, Rensselaer, Jasper County, 24 May 1916 — Automobiles Cutting Into Earnings of Indiana Traction Lines. [ARTICLE]

Automobiles Cutting Into Earnings of Indiana Traction Lines.

Indianapolis, May 23l—Valuations tor taxation purposes of electric railroads, steam railroads, telephone, telegraph, transportation, express, sleeping car and pipe line companies in Indiana aggregate approximately $279,452,639, according to tabulations just completed by the state board of tax commissioners. This appraisement represents an increase of $4,735,355 in comparison with last year. Increases were made in all clauses of property except electric railroads, which show a reduction of SS7S,SC». That automobiles are making inroads on the revenues of the interurban lines was an ad* mi sion made by the fraction owners to the tax board.