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Railway Age Weekly 1960 February 15 Alco's new fast freight diesel Automatic CTC
Railway Age Weekly February 15, 1960
CONTENTS
Congress gets commuter bills p 9
Legislation now proposed would (1) tighten train-off provisions of the 1958 Transportation Act, (2) authorize federal loans to municipalities for purchase of commuter equipment to be leased to railroads, (3) create a National Advisory Committee on Rail Transportation with special attention to the commuter problem, and (4) give commuters federal income-tax credits to absorb fare increases.
Cover Story-CTC clears signals automatically p. 13
The Norfolk & Western uses automated CTC to clear signals without manual attention - except when making meets, passes or handling unusual operating conditions. The automatic circuits were built and installed for $8,300.
T&P passenger planning boosts revenues p. 14
Aggressive promotion of special services last year enabled the road to achieve passenger revenues 6% above those of 1958. Here's how the T&P moved in a half-dozen directions to improve and publicize its services.
Cover Story-New Alco diesel costs less p. 18
The high-speed freight unit is scheduled to make test runs on 24 railroads. The 2,400-hp, four-axle, four-motor unit delivers 50% more horsepower per axle than six-motor, six-axle 2,400-hp units like Alco's DL-600 type.
What's new in rolling stock p. 23
A Pullman-Standard tri-level automobile car is being tested by Frisco; Union Tank is building two 85-ft, 30,000-gal. cars for Tuloma Gas Products Co.; Southern will get aluminum-covered hoppers in three sizes from Magor. Here's the story in pictures.
The Action Page: Automation-How much, how soon? p. 50
By actively encouraging the introduction of labor-saving devices, John L. Lewis helped make coal mining a "growth industry" again. Railroad unions could do the same for railroads-if they would permit the industry to take advantage of the tremendous technological strides already made in the direction of automation.
Short and Significant
The railroads' share of the national income . . .
in 1958 was relatively only half what it was in 1939-2.7% compared with 5.7%. These are ratios of gross revenues to national income. The airlines' share, during the same 12-year period, rose from 0.1% to 0.4%. The truckers' share rose from 1.1% to 1.7%, and the bus lines' share remained at 0.2%. On the basis of 1939 as 100, the national income index for 1958 was 503. The index of rail revenue was only 239.7. The airline, trucker and bus-line indices were 2,905.0, 773.9 and 354.9 respectively.
Last year's estimated net income . . .
of Class I railroads was $574 million, a decrease of $29 million from the 1958 net of $603 million. The rate of return averaged 2.72% for 1959. The AAR statement also showed December estimated net income at $90 million.
Prices paid by railroads . . .
for fuels, materials and supplies are on the rise again. The AAR's latest index, for January, is 144.4. This interrupted a decline which had run through the two previous quarters. The July 1959 index, at 143.7, was down 2.3 points from April 1959's 146. And the drop continued to 143.2 for October 1959. The index is based on average mid-year spot prices for the 1947-49 period.
Soo Line's guaranteed rate . . .
was further postponed last week-from Feb. 9 to April 9, which will be a year after its original effective date. The new delay was taken voluntarily by the Soo, but at the request of the Commission. The proposed rate, applicable on wrought iron pipe and tubing, would give a 17.5% discount to a shipper who guaranteed to ship 90% of his tonnage by rail. The same 60-day extension has been granted on a companion guaranteed rate tariff published by DSS&A and also involving Milwaukee and C&NW.
Milk by piggyback . . .
is proposed by the Lackawanna in the New York City area. The road has published a Plan IV tariff, to be effective March 6, under which shippers will furnish flat cars, tank trailers, and perform loading service at their own ramps. Origin points covered in the tariff are Cortlandt, Elmira, Norwich, Waterville and Syracuse, N.Y., and Scranton, Pa. Destinations: Hoboken, N. J., and New York City.
An 'institute on rail-labor problems' . . .
will be held April 7-9 at the State University of Iowa, Iowa City. Among the featured speakers, according to the BLE : Labor Secretary James P. Mitchell. The institute will be conducted by the five operating brotherhoods and the university. Discussions will cover the Railway Labor Act, compulsory arbitration, Landrum-Griffin, public relations techniques, and membership communication.
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