January 1903, No. 59 | The Railway and Shipping World (Toronto) | Page 27, col. 1 |
Railway finance, meetings, etc.
...
Canadian Northern Ry.—Gross receipts are as follows:—
1902. 1901 Increase. July $132,300 $87,200 $45,100 Aug. 130,900 97,000 33,900 Sept. 209,300 103,300 106,000 Oct. 190,200 120,610 69,590 $662,700 $408,110 $254,490 The gross earnings in Oct., 1902, were $152.76 a mile, against $145.66 in Oct., 1901.
The net earnings were: July, $50,723; Aug., $50,376; Sept., $69,285; Oct., $83,800. Total, $254,184. The Pond interest for the same period was $202,880, leaving $51,304 surplus.
A deed of mortgage securing the issue of second mortgage bonds was given to the National Trust Co., Nov. 1, 1902, and a copy has been filed with the Secretary of State at Ottawa.
Railways: C.No.Ry.