Salt Lake Telegram | 1932-04-30 | Page 11 | U. P. Reports Utah Earnings

Ua P REPORTS UTAH EARNINGS The Union Pacific system cameo earned eared a a a total of in i Utah Ulah during dur duro ing lag 1931 according to the annual re report report re- re port of the company filed Wed with wih the thi state public utilities commission Sat Sat- urda Of this amount wa was S earned eared in intrastate business busies while 2 the balance came from rom interstate 2 commerce credited to lo Utah Uth opera opera- tons Of Ot the total figure 2438 was earned eared in freight and ad the balance in i passenger busi business ness excess baggage parlor cars ant and 1 other revenues Operating expenses in Utah Uth totaled 1 or or 58 per cent o othe of C the operating revenues within th the oe e state state Taxes paid the state were The report shows the system tern tem operates miles mies of mali main mainline malik mai a line lne track and miles mies of branch brand k line lne in Utah Ulah and nd owns but does doe S not operate 2449 2 miles mies Profits of for th thi the thiC C fiscal year of ot 1931 on all al lines were C shown Dividends totaling were e paid leaving to be transferred trans erred to the credit side of the ledge ledger r of the profit and loss los account account While the net Income was less than In 1030 1930 the 1931 dividends dividends divi divi- were only 60 less les t than In th tb the e previous year Railway operating revenue totaled a Operating expenses were e and taxes were 5 5 12 Other deductions left th the thenet C net operating income The operating revenue was less than in 1930 and the te op op- op crating income income was report ed cd as 11 1 making the gros gross S income for 1931 o e or r less than in 1930 Deductions De De- from gross income including ing jag interest on funded 1 debt totaled 12 leaving tb the thenet thenet 0 net income I