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Railway Age 1960 October 31 Weekly Freight traffic issue New sales idea from Can
Railway Age Weekly October 31 1960 Vol 149 No 18
CONTENTS
Santa Fe, SP seek WP stock P. 9
Western Pacific, which called Southern Pacific's stock-exchange proposal "not a fair and equitable offer", says the Santa Fe proposal is "considerably better."
Cover Story-Shippers call rail mergers 'necessary' p.17
Few respondents to this month's Traffic Poll question the wisdom of railroad consolidations. Most of those strongly favoring mergers do so because of the railroads' need to cut costs and increase efficiency.
Cover Story-New sales ideas from Canada p.18
The Dominion's railroads are making significant breakthroughs in sales, market research and rates. Canadian railroad sales executives and representatives of Canadian shippers assayed the present situation, and future prospects, at a recent roundtable discussion in Toronto. The discussion was sponsored by Railway Age in cooperation with the Canadian Industrial Traffic League.
NH gets promises of aid p.48
New York and Connecticut officials will seek quick tax relief for the New Haven in an effort to help the railroad weather its current financial crisis. Their action could mean favorable reconsideration by the ICC of the road's request for government guaranty of a $6,000,000 loan to meet current obligations.
Reading shop services 24 diesels a day p.51
The new repair facility is a 60-ft by 30-ft steel building. Most important of its money-saving installations is an automatic diesel-filter cleaner.
NYC agency cash system is fast and accurate p.52
A new IBM punch-card system has been installed in 10 of the road's larger freight stations. The system has reduced by one-third the number of steps required to process freight bills.
TV, radio aid coal dumping p.57
Here's how the electronic devices are streamlining operations at the Public Service generating station in Bergen, N.J.
FCC reaffirms railroad microwave p.62
The commission will continue its policy of licensing point-to-point railroad microwave systems and has issued the first of a series of amendments implementing its microwave order.
Rate hike will yield $130-135 million p.74
The Ex Parte 223 freight rate increases became effective Oct. 24. The ICC permitted a general increase in line-haul rates of 0.5 cents per 100 lb where rates did not exce3d 65 cents per 100 lb, one cent per 100 lb where rates exceeded 65 cents.
The Action Page-Who hauls what how far? p.78
Railroads don't have enough information about the traffic being handled by other methods of transportation. This is bad for shippers as well as for railroads. Government should make public exactly the same detail of traffic and cost information on all forms of transportation that it now collects and makes public about railroads.
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