The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-10-13
RAILROADS
GREAT NORTHERN
HAD GOOD YEAR
GROSS EARNINGS $43,526, O88,46,
INCREASE OF s.66 PER CENT.
Freight Earnings Increased 1925 Per
Cent and Number Of Tons of Freight
Hauled Was 23.1OO2 Per Cent Greater
than for Previous Year-Decrease in
Revenue Per Ton Per Mile.

Among other matters of interest, the
Great Northern annual report. made
public yesterday, contains a table show
ing the reductions made in freight rates
by the company in the last twenty-five
years. President James j. Hill says
these reductions have been made possl-
bic only by the growth of the COM
pany's traffic. 1t is figured in this table
that the savings to the shipper amount
:, 0S6,9O457 in 1905, the total for the
period being $6769S3, spool. :
+ The gross earnings for the year
amounted to 1896, Oss.46, an increase
over the previous year of $3,46S, 735.17.
or $3.50 Der cent. Freight earnings in
creased $1,000 ,422.06, or 1925 per cent
The number Of tons of revenue freight
hauled increased 3,290,660, or s23.1O03
per cent, and the number Of tons hauled
one mile increased S1s,35S,569, or
24.4155 per cent. M .E
The number Of bushels Of wheat
hauled to eastern terminals from sta
tions east of Minot, N. D., and north OF
Garretson. s. D., decreased 224,304,
equal to 6,729 tons. This was caused
largely by the damage done by black
rust to wheat raised in the Red River
valley. i.
The average revenue a ton per mile
was 1892 cents, a decrease Of .10l cents
or ll.3l per cent, under the previous
year. A portion Of this decrease was
due to the increased volume of traffic
taking lower rates, some to The increase
in the average length of haul, and the
balance or account Of the rate reduc-
tions referred to in last years report,
which for the first time reflected for
a full year in the revenue for this year.
and to the rate reductions made during
the year.
!: The earnings Of passenger; trains in
creased $3.50, S25.96 or 3:5252 per GENT.
Of this amount 1858, 1886 came from
passenger fares, increase Of 6.5034 per
cent. There, has been earned $751;
1928 from transportation Of mails,
$21,347,77O from TRANSFORMATION. of
express matter, $37,563.09 from
sleeping and chair cars, $4,395.31
from excess baggage collections, and
$4,620 from miscellaneous SOURCES.
Passenger; train. mileage increase. 3d.
297 miles or 1869 per cent.
The average revenue per passenger
per mile increased one-thousandth of
one cent; the average distance trav-
eled by each passenger during the year
being seventy-one miles as against sew
enty-four miles for the previous year:
The number of passengers carried
shows an increase Of 6.5034 per cent.
There mas been no increase IN paSSen-
ger rates during the year.
Operating expenses increased $751;
564.43, or 4.1155 per cent over last year.
Maintenance Of equipment increased
$610,438.05, and maintenance Of way
and structures, $487 ,924.81.
The total taxes for the year were
$1,564, 557:O6 and the dividends paid
amounted to 100000. z@+',:
The; total acreage of the road unsold
is 21,3o1 ITO valued at $1,287 ,670.7S,-
with an average price per acre Of 1913.
Dividends paid on St.. Paul, Minneap-
oils and Manitoba were $4,806,015; on
Great Northern system proper Sc, $685.
$50, and subsidiary lines 100000.