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Trains Magazine 1956 September Full Color Painting Heavy Steam Power Piggyback N
Trains Magazine 1956 September Full Color Painting Heavy Steam Power
62 Pages
Railroad news and editorial comment. By David P. Morgan.6
Can jet aircraft of some fantastic speed doom the passenger train to early death?
Railroad news photos.----8
Look at what the railroads are doing to their formerly drab and sedate box cars!
Piggyback champ. By William D. Middleton.16
SP is in business to give transportation - whatever type the customer calls for.
I came out of this alive! By Hunter M. Picken as told to Phil Vander Horck.--21
There was a terrible crash, and every- one thought the diesel engineer was dead.
The Mohawk that refused to abdicate, and other tales. By David P. Morgan with photographs by Philip R.
Hastings.--24
Once upon a time there was a Mohawk. Here is a tale with a storybook ending.
29
Photo section.---I.
The present and the past - it's all here - from the cameras of rail photographers.
126 miles per hour - with steam! By Cecil J. Allen.
That's plenty fast in any man's book. Author Allen was aboard that day in 1938. 42
Why Northern Pacific owns an airplane.
By Frank P. Donovan Jr.---49
Aren't these two supposed to be ancient enemies? Truce has been declared on NP.
Seashore Electric. By David A. Strassman.---51
A modest start gave birth to one of the most successful traction museums in U. S
HOW NOT TO FIGURE "DEFICITS"
EGARDLESS of whether you take it at face value or not, the I.C.C. formula for the allocation of railroad passenger service costs [pages 31-37, July TRAINS] has produced some mildly encouraging results for the year 1955. The "deficit" totaled 636.7 million dollars for class 1 roads. Alarming? Perhaps, but downright hopeful compared with losses of other years. The figure, lowest in any year since 1950, compares with I.C.C.-reported losses of 669.5 million last year and 704.5 million in 1954. The accompanying table details how the larger roads stacked up in individual passenger operating ratios and deficits.
If anything, the formula is its own worst enemy. Even a casual study of the 1955 results indicates that the more passenger business a railroad handles, the brighter its statistical performance is apt to be. Unfortunate Long Island, saddled with all the horrors of a rush-hour commutation trade at inadequate rates and no tonnage to speak of, is - according to the formula - the best passenger operator in the field. Its ratio is 89.41 per cent (the only one less than 100) and LI shows a net operating income of $205,000 from hauling suburbanites.
Or consider New York Central and Santa Fe. Central typifies the passenger problem: commuters, costly terminals, excessive train-mileage, short hauls. Santa Fe, on the other palm, is the kingpin in a lucrative long-haul Chicago-California market...It wouldn't know a commuter if it met him face to face, and its major terminals are Chicago, Kansas City and Los Angeles-all shared facilities. Last year passengers, mail and express grossed 150.9 million dollars for Central, a more modest 86 million for Santa Fe. Yet the Eastern road, with a ratio of 114.02 per cent, lost 37.7 million dollars on passengers; the Western pike, with a ratio of 136.3 per cent, dropped 40.8 million in the same business!
Obviously, the answer to the passenger problem as implied in the formula is to carry more people shorter distances at lower fares and into more expensive terminals.
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