Democratic Sentinel, Volume 13, Number 29, Rensselaer, Jasper County, 9 August 1889 — THE NORTHWESTERN’S REPORT. [ARTICLE]

THE NORTHWESTERN’S REPORT.

It Shows a Decrease in Earnings of Over Two-Thir<ls of a Million. Chicago, July 31.—The annual report of the Chicago & Northwestern railway company for the fiscal year ending May, 31, 1889, has just been issued. It shows tlmt this company, in common with other? Western railroad companies, has suffered a severe decrease in earnings. The gross earningsfor the year ending May 31, 1889,i were $25,692,258.81, against $26,697,558.63 for the year previous; a decrease of $1,005,299.82. Opeiating expenses were $)5,325,650.24, against $15,915,057.23; a decrease of $589,406.98. Taxes were $701,6X7.08, against $745,741.92; $54,104.91. Net interest on bonds was' $5,540,456.12, against $5,215,155.96; in-) crease, $425,300.16. Net earuings in 1889 were $4,066,515.36, against $4,763,603.45 1 in 1888; decrease, $689,088.09.