Show I 1 T INO DATA I 1 A mi A ON RIO brande fikan yde FINANCES E T jear jeffry ry preb 1 ident has caused the auditing department of the denver and rip rio grande to cam compile le data tor for issuing a consol consolidated dated elate oate ment of the showings made by the company during the last seven years covering the period in which the control of the denver and rio grande has been in the hands of gould and ana that staten statement jent just issued some very interesting figu figures reg during the seven years pf gould management the rio granda showed a gross income of and the company paid out dun duni i ing that briod in interest and taxes and disbursed among the stockholders in the form of dividends in addition the company spent for additions and for renewals in those years the gross earnings bf f the company increased per cent and the net earnings per cent during those seven years it cost the company just tool fo operate the denver and rio grande and the largest item in that sum represents salaries paid to employed emp loyes in it Col colorado grado and utah the item of operating expenses does not include taxes interest dividends additions or similar items item but includes salaries cost ot keeping track tracks in re pair and caring for buil buildings dinV and equipment cost of fuel and the actual eap exp anses arising from the operation of the road the report that the s surplus income for the seven years of go gould I 1 control was out of t that t sum came the dividends and the renewal funds and at the end of the eoven years af after ter meeting all obligations lations of all kinds including the distribution of profits among tie tle stockholders the company had r remaining to the credit of thi tho surplus account the sum suni of the report wad was compiled for the i benefit of who ae figur ing on subscribing scribing to the securities of the western pacific |