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Show M ARC II 2H, Till: JOl'RNAL ID. 3 News About Folks in KAYSVILLE Arnold M. Barnes Correspondent Phone: KaysDlle 31 The Gabamt cluh met at the home of Mrs. Mildred Keyes Monday evening. Mrs. Lester Schofield was assistant hostess. New officers for the ensuing year were elected as follows: Mrs. Marjotie Dinger, juesident; Mrs. Pauline Tippetts, vice president, and Mrs. Phyllis Marston, secretary. Games were played, followed by refresh ments. Other guests present weie Mrs. Rozella Burton, Mrs. Joyce Stephenson, Mrs. Helen Mae Manning, Mrs. Beulah Bushnell, Mis. Geoige Udy, Miss Melba Udy, Mis. Eugene Piiginore, Mrs. Clinton Zollinger, Mrs. Edwin Ilalliday and Mrs. Shirley Larsen. Mrs. Lloyd Berger, Mrs. James 3 E. Bennett and Mis. Lester O'Bi ien Mrs. Moiris W. Baiton, Mrs. Mi- Daivel Milk!. Mr. and Mrs. Howard .Gibson, were Thursday luncheon guests of ldred Home, Mis. Frank Mrs. Joe Payne at her home in Og-- 1 Mrs. Lucille Kcnnah, and Burley, Idaho, and Mr, and Mrs. Cob-mer- e, Mrs. Noble Sandall. den. Mr. and Mrs. Vaughn Peterson, Mrs. George F. Bniker enterOgden, visited with Mrs. James E. tained the ALonas club at a bufBennett Tuesday. fet supper, followed by bridge at Mis, Clayton Wood entertained her home Wednesday evening. The the Shantanka club at a social at invited guests were Mrs. Clifton her home Friday afternoon. Re- Ball, Irs. Roetta V. Kilfoylo, Mrs. freshments weie served to Mrs. Clifton Blood, Mrs. Noble Sandall, Myrtle Webster, Mrs. Vaughn P. Mrs. Walter Bidder, Mrs. Wray Sheffield, Mrs. Golden Webster, Hyde, Mrs. Earl Tall and Mrs. , Jake Ogden, have been of Mrs. guests Marybdle Gibson for a few days. Mi;;. Annie S. La ,mn spent a few days in Brigham City this Gil)!-on- week visiting; i datives. Mi. and Mrs. I' red Sessions and daughter Cinda, Salt Lake City were Sunday guests of Mr. and Mrs. George F. Baiker and family. your home railroad report! ...fo its stockholders.. .to its employees... to YOU, its shippers and travelers Most successful in Rio Grandes history, 1952 becomes exceptionally interesting when compared with 1945, previous record year. Comparative highlights dramatically tell the story of fundamental economic changes Increase since World War II. or 82-ye- ar 1952 1945 $82,134,558 $55,443,201 12,594,225 67.50 $78,277,344 m Gross Operating Revenues Operating Expenses . . .... Gross Ton Miles (thousands) Operating Ratio Decrease 4.93 12.21 5.09 $63,196,993 11,984,606 80.73 -1- 3.23 Improved operating efficiency reflected in these comparisons is attributable to dieselization and plant improvements achieved since World War II. PAYROLL Average Employee Count .... $38,296,111 7,632 $33,434,398 14.54 10,968 30.1(2 all-purpo- se Diesel locomotives, rebuilding of 500 box cars, completion of the new classification yard at Grand Junction, d and 36 miles of new rail. 115-poun- $14,452,646 $10,502,902 $14,061,617 $14,183,693 37.61 -0- .86 Despite operating economies effected, generally higher prices prevented any appreciable saving in purchases, largely channeled through Colorado and Utah producers and suppliers. Where the Revenue came from in 1952... Transportation of Freight, 93.08 el 50 covered hoppers, five That the cost of government exacts a heavy toll from industry is demonstrated by this increase of $3,91,9, 744 fa yearly tax payments. MATERIALS AND SUPPLIES That the Rio Grande anticipates continued growth and advancement for Colorado and Utah is shown by its 1953 improvement budget of $19,739,256. Principal items include 1700 drop bottom gondolas, all-ste- Evidence that railroading is a desirable industrial career is found in the fact that 3,336 fewer employees in 1952 earned $1,, 861, 713 more than in 191,5. TAX ACCRUALS What of the Future Transportation of Passengers, 4.35 All other Sources, 2.57 Looking to the future, disposition of the 1952 net income attains special significance. Net income for 1952 was $8,470,194, which after applying $351,056 to sinking and other reserve funds, and payment of $5.00 on outstanding preferred stock, left $18.46 per share earned on the common stock. The first quarterly dividend of $1.00 per share was paid on March 16th, with additional dividends on common stock subject to further action by the board of directors. The 1953 improvement budget of $19,739,256, with $3,293,287 charged to operating expenses and depreciation allowances, leaves $16,445,969 capital expendi- tures, representing $46.76 per share of common stock, graphically demonstrating Rio Grandes faith in the future. Grande's primary obligation is to provide dependable economical service for YOU , its shippers and travelers. Stockholders and employees are a team in pooling Rio Denver & Rio Grande Western Railroad jpioneeriihj for 82 years 10UTE OF THE PROSPECTOR CALIFORNIA ZEPHYR ROYAL GORGE COLORADO EAGLE their resources, skills and abilities to attain this objective. |