OCR Text |
Show Union I'aclllo Karning. The Union Tai'-ilio statement of the net earnings of tho whole system of over W0OO miles is not any more favorable favor-able than April. It shows that except for tho large increase of net earnings of the Union l'aeilie, Denver & Gulf (Denver, Texas & Fort Worth) the statement would be a very good one. Tho net earnings of the Oregon navigation naviga-tion for May were only $I1),20'J against $172,748 iu May, 18!, and for the live months a delicit of 148,011, showing a decrease of 5!H,787 from the same time in 188!). Tho Oregon Short Lino also shows a decrease of net earnings for May and for live months to Mav. On the other hand the Union Pacific, Denver & Gulf shows the largest increase of 021 per cent in its net earnings for May, and the largo increase of 127 per cent, for tho live months. Tho net earnings of the whole Union Pacific system, including includ-ing the above mentioned subsidiary systems, sys-tems, show an increase of only 3 j per cent for May and 4 per cent, for tho five months. These figures indicate the probability of the declaration of dividends on the Union Pacilic, Denver is Gulf stock before any on the Union Pacilic. |