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Southern Pacific Revenue Declines

50%

Pacific Press Publishing Association · Mountain View, California · Dec 7, 1915

FromSigns of the Times, Vol. 42, No. 48.

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Southern Pacific Revenue Declines

The Southern Pacific Railroad publishes a statement that its reduction in operating revenues in the passenger department is partly due to “the serious inroads made upon local railroad travel by automobile competition, which the improvement of highways has encouraged and rapidly developed.” It also claims that the Mexican war and the Panama Canal have cut into its revenues,