Rensselaer Semi-Weekly Republican, Volume 21, Number 8, Rensselaer, Jasper County, 20 October 1899 — ENORMOUS RAILWAY EARNINGS. [ARTICLE]

ENORMOUS RAILWAY EARNINGS.

Receipts on Many Roads Exceed All Expectations. The budget of railway earnings which was announced in Wall street, New York, Wednesday, tells of enormous railway receipts. The expenditures which have been made upon the important systems have caused substantial reductions in operating expenses, which are reflected in all of the recent reports. One of the most astonishing statements was that of the Southern Pacific Company. During the month of August its gross earnings increased <894,055 and its net earning* increased <423,453. For two months ending Aug. 31 the gross increased <1,583,796 and net increased <670,263. Rock Island Increesed for Aurast. com f 609, and net <115,055.