Salt Lake Telegram | 1921-05-25 | Page 13 | Reports Show 'Rails' Are Turning Corner

REPORTS SHOW RAILS ARE TURNING CORNER Furnished by Harold R. R Smoot Co NEW V YORK May 25 The The statements statement I of ot railroad earnings for April Apri as D submitted submitted sub sub- to the interstate commerce commission commission com corn considerable improvement improvement im im- im mission will wi show a provement when compared with wih the figures figures fig fig- ures for April Apri last year yer This however will not be be baa a fair comparison in view of ot the fact th that t the long drawn out switchmen's switch mens men's strike which virtually tied ted u up American transportation was on in full fun Alerian swing last spring As compared with March Starch February and JanuarY January of this anua to show year yea the figures are expected some improvement although this will wm not be an as marked as was generally ex ex- ex The roads turned the corner In March and steady improvement will wi continue as movements get Under under under un un- der way An analysis of oC the April Apri re reports reports re re- ports so 50 far Mr received bears bear this out Times Time The first railroad earnings statement fo for fo- April was relented released today and It made mae Interesting Apri re reading ding Union Pals system system tem tern showed gross op operating Income of oC an Increase or That the campaign of economy which all ali al the roads started early this year yer was producing producing pro pro- gratifying results last month Is indicated by the fact tact that mat this increase in gross produced an Increase of fl 1271 27 Otto OnO gosS in net operating earning Income The The ne- ne is with April Apri 1920 Net operating Income for the first four months of the year ear was a decrease decrease de de- de crease of oC the total of that of the tile corresponding period last first or ot orthe year ear This showing since the the ear does not appear so unfavorable when it is recalled that the Union Pacific Pa Pa- received I el in January 19 1920 as back pay If for carrying mall mail In 1918 and nd 1919 Post