Deseret Evening News | 1900-02-09 | Page 5 | Fine Showing

PI PINE n Union Paclo laysa I tout lit II l The directors ot of the tue Union Pacific Railroad company at their meeting In New York yesterday declared 1 a dl or of 2 per cent on preferred stock and 14 1 per cent on The he Union since Is its reorganization In Iii 1595 has paid three on iti 10 preferred stuck two to or of 1 per Celt cent and one ot of 2 ir cent Noth lag up to tills time has baM been paid on the common stok stock Statements sub submitted to the board of II show that the accumulation lt earnings ot of the system including time the Union Pacific company compan the Urgon Short Line and the Oregon Railroad Nan gation company compan for tor Ibl tile year er endIng December 19 1599 were m Ua Thos were obtaIned after charging to Income for equipment equip equipment ment 00 ix Ex ha have been een m o for tor eier menU Arid nd bT hip tho neon three companies nam named entirely ProvIded Pin out of the cash ot of the reserves and without an any of at capital ur or other amount Int ing to which amount ho hoever how however ever Includes chBr charged to In Income conic come Ca Cash h on hand February e 7 1 tran 1 The s earnings per annum Including amounts paid from Income for tor capItal expenditures were mor than double the Iho dividend on the common stock at the rate of 3 per cent per annum The Tho six months statement ending December 31 1899 shows a net Increase or of over the same pea pe nod or of 15