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Railway Age Weekly 1960 May 2 Crossing protection G&F's 182 mile track program
Railway Age Weekly May 2, 1960
CONTENTS
Strike talk slapped down p 9
Industry spokesmen moved last week to squash reports that a railroad strike is "imminent." Most of the strike talk is centered around the featherbedding issue, which hasn't even reached the stage of national negotiations.
New 'look' in hotbox detectors p.15
General Railway Signal Co.'s new Wheel Thermo-Scanner Unit, which "looks" at the hub of the wheel instead of the journal box proper, can spot an overheated journal or a dragging brake in 15/millionths of a second.
Cover Story-How AFO protects grade crossings p.17
The equipment offers special economic advantages in welded rail territory because it eliminates the need for insulated joints.
Cover Story-G&F pushes its track program p.20
The 320-mile line is rehabilitating 182 miles of main track. The project is being financed with a loan, first of its type, approved by the ICC under the Transportation Act of 1958.
Electrification: France shows the way p.24
What large-scale electrification has done for the French National Railways-and what it could do for U. S. railroads, if they could again become a growth industry-was described at a joint AIEE-ASME conference in Pittsburgh.
$35,000,000 - and all for commuters p.26
Chicago roads' investment in new suburban equipment may reach that figure if the Milwaukee's plans for replacing its conventional cars with 75 double-deckers materialize.
Cover Story-RRs fight unemployment waste p.27
Here's what some railroads, individually and in cooperation with the Railroad Retirement Board, are doing to conserve unemployment insurance account funds.
The Continuing Outrage-Creeping canalism p.33
The federal government is under growing pressure to accept -as a "gift" from New York State taxpayers-524 miles of waterways, including the venerable Erie Canal. Cost to federal taxpayers might eventually run into more than adequately served by a railroad and a four-lane superhighway.
The Action Page-Nationalization solves no problems p.38
Railroads would prosper in their own right if honest economics were applied to the problem of equitable financing of all investment in transportation facilities. There would then be no demand or justification for nationalization.
Short and Significant
Soo Line's guaranteed rate . . .
went into effect April 24, after being under suspension for more than a year. The ICC had requested a further extension, but Soo Line, faced with the opening of the lake shipping season, declined to go along with further delays. The rate covers shipments of pipe moving Sault Ste. Marie, Ont., to Chicago and also applies over DSS&A, Milwaukee and C&NW.
Struggle for control of Interstate Railroad . . .
between the Southern and the L&N, both of which have been seeking to acquire the 88-mile coal carrier through stock ownership (RA, Nov. 2, 1959, p. 7), has been resolved by the roads. Joint agreement removes L&N opposition to Southern control by preserving existing competitive rate relationships. Next step : ICC hearing on Southern's application May 10.
C&EI isn't negotiating a merger . . .
with the New York Central, says President David 0. Mathews, but "if Central is interested in C&EI, we will be glad to discuss the matter with their officials." He made the statement after press reports "identified" C&EI as a possible NYC mate. Meanwhile, Mr. Mathews said C&EI-Missouri Pacific merger hopes are still alive with "certain corporate problems" under active study.
Venezuela is reported negotiating . . .
with a Canadian syndicate for construction of an extensive railway system. Reports circulating in Caracas say the syndicate would take payment in crude petroleum and iron. (In 1951, the Venezuelan government approved construction of a 2,637-mile standard-gage railroad system of which 109 miles of single-track CTC line has thus far been completed.)
Merger for C&O . . .
is a definite possibility but to date no consolidation seems to match "what C&0 would bring to the union." Still, President Walter Tuohy told shareholders last week, the company "has been and is looking at a couple of possibilities that may have merit."
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