LOSSES OF L.I. ROAD INCREASE $1,816,000 OVER 1950 PERIOD; Draper Reports Operation Has Been Made Possible by Not Paying Taxes and Interest P.R.R. FILES PLAN MONDAY Private Ownership Favored-- Authority's Proposals Are Due Before Year-End Authority to Report LOSSES OF L.I. ROAD INCREASE $1,816,000 Seasonal Gains Noted Increases Held Insufficient
Draper repts deficit, Jan-Sept, up $1,816,000 over '50 period; says non-payment of taxes and interest kept co operating