Railway Digest of Developments and Comments 1955 May V10 #5

$10.00

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Railway Digest is issued monthly.

Contents

Presidential Committee Reports on Transportation

Study 2

Secretary Weeks Discusses Report 11

A.A.R. Board Comments on Report 12

52 Per Cent of Railroad Operating Revenues Go

Toward Wages 13

Competitive Struggle Between Regulated and Un-

regulated Carriers 14

By Anthony F. Arpaia

Improvements in Railroad Service Commended by

Shipper 16

Investment Companies Hold $434,534,000 in Rail-

road Securities 17

New Responsibilities of Railroad Management 18

By P. W. Johnston

Giant Generator Rolls Over Rails 20

Keeping Track of Freight Cars 20

Thousands of Cub Scouts "Take Over" Railroads

of Nation 21

Railroads Pay Taxes Early so That Teachers May

Get Salaries 22

Fisher Discusses Railroad Role in Urban Traffic 23

Rail Capital Expenditures in 1955 Expected to Reach

$703,700,000 23

Costs Outrun Rates in Spain, Too 24

Thanks from a Serviceman 25

Behavior of Welded Rail Explained by Research

Head 26

Patents for Railroad Devices Highlight American

Ingenuity 27

Books of Interest to Railroaders 29

Carloadings 30

Equipment Data 31

Railroad Employment in March 31

Revenues, Expenses, and Earnings 32

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