Show I 5 Mine and Mar Mart MartI i I I Comment I Western Air Express Shows Rapid Growth Growt Profits Profs a of the Western Weter Air Express Express Express Ex Ex- press In 1029 amounted to 15 a ashare ashare athar share as compared with lh 67 In 1928 1925 and In 1927 an analysis prepared prepare by Standard Statistics company reveals lC Despite In Increased increased in- in creased poundage profits proms for tor 1930 will wl un undoubtedly show ho a substantial tal decline because of ot lower mall man rates effected under the Yah bill bi on tho Los Ls Salt Angeles-Salt Lake City route the analysis adds Continuing It says Tho com company pan was Incorporated lit In ix 1928 to transport mall passengers passengers passengers gers and express b by air ai It I operates rive five routes radiating from Los Ls Angeles Angeles An An- geles roles to Salt Lake Lako City Sari San Francisco Francisco Fran Fran- cisco Catalina Agua Aga Caliento and Kansas City respectively and an another another another an I other from Cheyenne to Pueblo Airmail Air mall mail Is Js carried on the Los Ls Angeles Angeles- Salt Lake City and Salt Cheyenne Cheyenne- Pueblo runs runs The contract on the former route loute provides a major percentage per per- of or revenue It I recently ac acquired acquired ac- ac C- C Aero Corporation of ot California Califor Califor- ero nia operating passenger lines between between between be be- tween tween Los Ls Angeles Tucson and El EI Paso Also AIso In October last it or organized or- or Transcontinental Vest West em ern er Air Inc in conjunction Uon with Transcontinental Air All Transport Inc and Aviation Industries Industries Industries Indus Indus- tries T. T A A. T T. and Western Vestern Air Express having an equal Interest Tho rho new company operates a 36 hour all air air ni-air transcontinental passenger passenger pas pas- and mall mal service Tho new ne Jointly controlled compan company com coin pan pany recently received the contract for totS carrying mail mal from New York to Los Angeles also ls serving erving some Intermediary cities cles Tho The rate rato of pay is 1 40 cents cent per ratio mile mie up to pounds with provisions for tor advancing ing lug rate on larger poundage In Interest In terest in tho latter lter concern may ul ultimately ul- ul prove love an Important source of or revenue Capitalization consists of oC 1 t O 9 shares which have been een eenon on a a. 3 cent 60 annual dividend basis basi since May Ia 1929 1921 |