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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Russell Banner
Location
Russell, Manitoba, Canada
Date
Dec 08, 1921
Page
5
The August and September financials show improved results with a chart displaying Operating Expenses declining toward Gross Earnings. In August the lines meet with a small margin in favor of earnings, and September shows a widening gap indicating net earnings exceeding half a million dollars. The chart suggests a stronger October performance.
The article notes efforts to cut costs and boost revenues to offset a midyear deficit. It explains August showed a small balance due to materials cost reductions and price readjustments, while September’s crop movement improved results. It highlights a pre-July expense reduction and a May–June earnings slump across all lines.
The CN Railways notes rising demand for seafood and reports nearly 200 000 pounds of fish eaten on trains in 1929. In 1920 the menu offered 31 marine varieties, with whitefish lake trout salmon halibut cod leading sales and mackerel increasing in season.
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