The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1926-08-06
Great Northern Railway
Makes StupendOus Profit
Total for First Six Months Is 100000 Greater Than for
Five Year Average Says Statement by
President Budd.

Increased earnings of h e Great
Northern Railway company for the
first six months Of this year as COM
pared with 1925 and the five-year pc
riod from 1921 to 1925 are shown in
the income statement just issued by
Ralph BUdd, president of the road.
The total income was more than S3,-
100000 greater than the average for
the five years and S696,00O greater
than for the first six months year
ago. The balance for dividends and
other corporate purposes is about the
same as for the period last year, but
is in excess of S3,000,000 over the
five-year average.
While revenue from freight shows
an increase, a decrease in passenger
business is recorded and a slight de-
cline in returns from mail, express
and other business.
The statement shows the following
Revenue from freight transporta'
tion--S36. .485 900 in 1926 (June esti-
mated in all 1926 figures), S35, 734,-
| 558 in 1925 and $34,279,355 for five
year average.
Revenue from passenger transpor-
tation-S5, ,895,000 in 1926, S6,279, ,455
in 1925 and S6,868,514 five-year pc
Rod.
Revenue from mail, express and the
other sources-S4,695,O 900 in 1926, S4,
. ! 826.295 in 1925 and S4,791,261 five
year period.
Total Operating Revenue
, Total railway operating revenues
SAT. .O75OOO in 1o0 SAG. .84O,306 il
1926 and $45,939, ~ Ilve-yeaRfe aRerloo .
Railway operas s9g expenses q 3
9O5, 900 in 1926, Foo,o83,864 IL ~
and and S38,4O1 ,OO6 fiv 'e-year pe,il p
Net revenues fro m dailws opera
: tions-Sf117O,OOO IL 1926 $11,156
412 in 1925 and $7,538.1z4 five-yea
period oo
t 495 in 1925 and $4,283,137 five-yea
period.
Equipment and joint facility rent
S (credit5-S $4,000 in 1926, S216,6l
in 1925 and $619,884 five-year per1o
= Net railway operating income 81
O20 600 in 1926 S6,844,566 in 1925 an
S3.874.871 five-year period.
other income-S5, 100000 in 1872
}, S5.389 9.263 in 1925 and S5,489, 146 flv
wear period. The items for 1926 a.
i925 include in each instance S4, lot
895 dividends from c. B. & Q. stoc
r Total income-s12,92O,OO in 1872
D 80 933. 500 in 1925 and S9,364,O
Il five-year period.
Deduction from Income
= Income deductions for interest a
= other purposes were;
: Tnterest-S8,8 8,84O,OO0 in 1926, S
= 9o5. .2O6 in 1925 and S8,128,354 fly
= wear neriod. For 1926 and 1925 int
est Of s4O25. 900 on bonds issued
= fbe nurpose of G. B. & @. stock
included in each case.
Other-s28O 900 in 1926, ,$287 ,267
1925 and S423,734 five-year period
Balance for dividends and other G
> porate purposes, 100000 IN II
S8O51 .956 in 1925 and $811, ,929 fl
Net railway operating income
. % n,onths-S28, ,276,183 in 1925
= sol .47O. .494 five-year period.
In presenting the report TO
. stocIebolders Mr.. Budd said:
s'Present indications are that
: earnings for the year 1926 Will
: Somewhat better than they were
: 1925 The conditions of crops IN
! Great Northern territory are spot
! and the Yields will vary considers
N different localities. On the VIII
tbe volume of the grain traffic pr
. ;ses tn he about the same as
V year. z.L4
= y In to June 80, 1926, there had
moved 3.8O3, 1866 tons of iron ore, c
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