Santa Fe Stockholders Learn 1946 Results and Tax Struggles
The Santa Fe reports 1946 earnings down 36 percent from 1929, despite tripling traffic and a 54 percent rise in operating revenues. Costs rose faster than rates, taxes surged, and the company calls for tax relief on dividends. Employee payrolls grew to about 67,458 workers with total wages near 206 million dollars and payroll taxes rising.
MENTIONED IN THIS ARTICLE
The
Santa Fe
Fred G. Gurley
Gurley
Congress
Santa Fe reports 1946 revenue declines and 1947 outlook
Santa Fe freight revenue fell to 301 million in 1946 from 380 million the prior year while passenger earnings dropped to 75 million from 113 million. Despite this, wartime traffic surged with nine million troops carried. The railroad expects ICC freight rate increases to lift revenue and notes a forthcoming ICC inquiry into rate readjustment. Harvests improved across Santa Fe states with major crop shares highlighted.
MENTIONED IN THIS ARTICLE
ICC
Santa Fe
Maritime Commission
Santa Fe seeks more equitable car distribution and fleet upgrades
The Santa Fe reports gains in boxcar and refrigerator car ownership but notes inequities due to national pooling. It outlines planned 1946 and 1947 improvement programs, expected acquisitions including locomotives and cars, and new radio installations at major terminals. The appendix mentions Skyway air operations, municipal bus and truck data, and a note on Amazon pirahnas able to devour a cow in minutes.
MENTIONED IN THIS ARTICLE
Santa Fe
Gurley
Chicago
Kansas City
San Francisco
Mountain
Santa Fe Skyway, Inc
Civil Aeronautics Board
Santa Fe Trailway
Disabled WWII Veterans Reenlist Before March 31
Disabled World War II veterans whose disability stems from combat may reenlist in the Army at the grade held on discharge if they re enlist before March 31 and hold one of the 103 open specialty numbers. Officers and flight officers join at the first pay grade if enlisting by March 31 or within 20 days after active duty release. Compensation stops during reenlistment and resumes the day after discharge. contact local recruiting at Room 12 Post Office Building for details.
MENTIONED IN THIS ARTICLE
Army
War Department
Veterans Administration Office
Rezoning Hearings Set by Planning and Zoning Panel
Applications for rezoning will be heard publicly before the Planning and Zoning Commission tonight. The meeting starts at 7 30 o clock in City Hall with C A James serving as chairman.
MENTIONED IN THIS ARTICLE
Planning and Zoning Commission
C. A. James
Also Mentioned on This Page
Mar
Dandruff
Grooms
BAYER
Montgomerin
Eton
Wards Coat Dept
Cc. L. Copeland
GEN
American Life Ins. CO
Amarillo
Vata Daa
Zale
F. Man
H. Lady's
Baylor
Diamond Importers Ales
Diamonds
Hollywood
Schenley Reserve
T G&g M Package Store
East 4Th St
Mac's Liquor Store
East 3Rd St
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