{"product_id":"financial-community-and-the-railroad-treasurer-railway-systems-management","title":"Financial Community and the Railroad Treasurer Railway Systems \u0026 Management","description":"\u003cbody\u003e\n\u003c!-- HTML Generated by Auction Wizard 2000 - http:\/\/www.AuctionWizard2000.com\/ --\u003e\n\n\n\u003c!-- AW2KLOT#:30243 --\u003e\n\u003cbr\u003e\n\u003ctable style=\"width:98%;padding:2px;margin:auto;border:5px outset #673434;background-color:#FDF3D0\"\u003e\u003ctr\u003e\u003ctd style=\"border:1px inset #673434;margin:5px;\"\u003e\n\u003ctable style=\"width:100%;border:0px;padding:5px;\"\u003e\n\u003ctr\u003e\u003ctd\u003e\n\u003c\/td\u003e\u003c\/tr\u003e\n\u003ctr\u003e\u003ctd style=\"padding:5px\"\u003e\n\u003cdiv style=\"text-align:center\"\u003e\n\u003cspan style=\"font-family:Arial Black;font-size:1.5em;color:#000000;font-weight:normal;font-style:normal;text-decoration: underline;\"\u003eRailroadTreasures\u003c\/span\u003e\u003cspan style=\"font-family:Arial Black;font-size:1.5em;color:#000000;font-weight:normal;font-style:normal;text-decoration: underline;\"\u003e \u003c\/span\u003e\u003cspan style=\"font-family:Arial Black;font-size:1.5em;color:#000000;font-weight:normal;font-style:normal;text-decoration: underline;\"\u003eoffers the following item:\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Times New Roman;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003e  \u003c\/span\u003e\u003c\/div\u003e\n\n\u003c\/td\u003e\u003c\/tr\u003e\n\u003ctr\u003e\u003ctd style=\";padding:5px\"\u003e\n\u003cdiv style=\"text-align:center\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.13em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eFinancial Community and the Railroad Treasurer Railway Systems \u0026amp; Management\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:center\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.13em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003e  \u003c\/span\u003e\u003c\/div\u003e\n\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eThe Financial Community and the Railroad Treasurer Railway Systems \u0026amp; Management Association Soft Cover 1966 100 pages\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eThe railroad industry of the 1960's is in a period of transition. The year 1961 represented a low-point in almost every quantitative statistic that could be used to describe railroad operations. Many analysts had counted us out and gloomy articles in major publications talked of the inevitability of nationalization as the only means of saving the railroads. Happily, this has changed and railroads are now enjoying an almost continuously increasing volume of freight traffic. Some headlines for magazine articles even refer to the railroads as a growth industry. But, this vigorous regrowth of traffic coupled with a rapidly expanding business technology has made the job of today's Treasurer quite different from his 1961 counterpart. For example the average Treasurer in 1965 as compared to 1961:\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003e-financed a capital expenditure program 2 1\/2 times larger,\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003e- managed a short-term portfolio 50 per cent larger,\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003e-supervised the granting of credit and the collection of funds relating to a 70 per cent increase in revenues,\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003e- and thereby contributed to a doubling of his company's net profit and return on net worth. And he probably did all this with at least 20 per cent fewer employees.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eIn The future gives no sign that this pace of achievement will do anything except accelerate. And while present daily activities continue to go on, mergers, new legislation, expanding capital programs, a changing credit environment and diversification programs are all acting to demand the action of the executive and to focus his attention into new areas and onto less well known subjects. Further, not only is the technology of railroading changing but so is that of every other industry with which we do business. Magnetic ink encoding of checks and drafts has revolutionized bank procedures. And in the process it has opened a whole new range of service opportunities to the alert Treasurer. Similar innovations have occurred in other areas. Just keeping abreast of these internal and external changes is a real problem.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eIt is here that a program such as this RSMA Seminar on \"The Financial Community and the Railroad Treasurer\" has its purpose. First, there is the area of education. The knowledgeable Treasurer already has a vast store of information about his job. The latest developments in the fields of cash flow, money markets, and credit can be presented by experts in these subjects without any necessity for a presentation of a simpler theory.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eSecond, it permits each Treasury officer to keep aware of the progress of the experimental business applications that are being developed. Particularly in the areas of financing and accounts receivable collections, we are experiencing a rapid implementation of new ideas. When put in practice these ideas often work differently than the theory predicted. Being out-of-touch can be expensive so it is important to keep fully informed as these projects mature.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eFinally, there is the opportunity for individual communication on subjects of interest. The perspective of each company and correspondingly the emphasis of each person is necessarily different from the rest of the railroad community. An interchange of ideas proceeding from this diverse background can yield a trustworthy inventory of \"who is doing what\" which can be called upon when a future occasion demands it.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Calibri;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eThis RSMA seminar has admirably performed the tasks which were demanded of it. It has provided both the \"how-to\" and \"cut-and-try\" approaches to problems as appropriate. Consequently the papers in this publication should serve as a basic and practical reference in the Railroad Treasurer's library for some time to come.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eAll pictures are of the actual item.  If this is a railroad item, this material is obsolete and no longer in use by the railroad.  Please email with questions. Publishers of Train Shed Cyclopedias and Stephans Railroad Directories. Large inventory of railroad books and magazines. Thank you for buying from us.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:center\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.13em;color:#CE0000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eShipping charges\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003ePostage rates quoted are for shipments to the US only.    Ebay Global shipping charges are shown. These items are shipped to Kentucky and then ebay ships them to you. Ebay collects the shipping and customs \/ import fees.   For direct postage rates to these countries, send me an email.   Shipping to Canada and other countries varies by weight.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:center\"\u003e\n\u003cspan style=\"font-family:Arial;font-size:1.13em;color:#CE0000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003ePayment options\u003c\/span\u003e\u003cspan style=\"font-family:Arial;font-size:1.13em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003ePayment must be received within 10 days. Paypal is accepted. \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:center\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.13em;color:#CE0000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eTerms and conditions \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.0em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eAll sales are final. Returns accepted if item is not as described.  Contact us first.  No warranty is stated or implied. Please e-mail us with any questions before bidding.   \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:center\"\u003e\u003cspan style=\"font-family:Arial;font-size:1.5em;color:#000000;font-weight:normal;font-style:normal;text-decoration:none;\"\u003eThanks for looking at our items.   \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv style=\"text-align:left\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\n\u003c\/td\u003e\u003c\/tr\u003e\n\u003ctr\u003e\u003ctd style=\";padding:5px\"\u003e\n\u003cdiv style=\"text-align:center;width:99.9%;margin:auto\"\u003e\n\n\u003c\/div\u003e\n\u003c\/td\u003e\u003c\/tr\u003e\n\u003c\/table\u003e\n\u003c\/td\u003e\u003c\/tr\u003e\u003c\/table\u003e\n\n\u003c\/body\u003e","brand":"RailroadTreasures","offers":[{"title":"Default Title","offer_id":44241782505668,"sku":"392260482837","price":25.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/2232\/7333\/files\/57_77f1d3e8-4426-4116-ab7e-dbb68c8e2445.jpg?v=1727915807","url":"https:\/\/railroadtreasures.com\/products\/financial-community-and-the-railroad-treasurer-railway-systems-management","provider":"RailroadTreasures","version":"1.0","type":"link"}