American Railroad Economics a Text book for Investors And Students
American Railroad Economics a Text book for Investors And Students
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In our eReader you can find the full English version of the book. Read American Railroad Economics a Text book for Investors And Students Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book American Railroad Economics a Text book for Investors And Students
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As between different railroads, however, caution must be exercised in using this index. Local conditions as well as disparities in kind and in amount of traffic affect transportation costs to an even greater degree than maintenance costs. Fast and frequent freight service requiring light train-loads increase transportation costs. Similarly, heavy grades, in- sufficient trackage, weak bridges and the like cause loss in speed and in service. All this means larger wage and fuel costs than when phy...sical facilities permit the maximum speed and the minimum time. On the other hand, the relatively smaller transpor- tation costs resulting from improved physical facili- ties are generally effected by heavy increase in the 210 AMERICAN RAILROAD ECONOMICS permanent capital investment in the property. The heavier interest and dividend charges on capital investment may therefore wholly offset the saving in operating expense. The great problem always before the railroad financier is to determine how far the saving in transportation and in other costs aris- ing from proposed improvements and betterments will outstrip the cost of the new capital required for these purposes.
What to read after American Railroad Economics a Text book for Investors And Students?
You can find similar books in the "Read Also" column, or choose other free books by Aaron M Aaron Morton Sakolski to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
As between different railroads, however, caution must be exercised in using this index. Local conditions as well as disparities in kind and in amount of traffic affect transportation costs to an even greater degree than maintenance costs. Fast and frequent freight service requiring light train-loads increase transportation costs. Similarly, heavy grades, in- sufficient trackage, weak bridges and the like cause loss in speed and in service. All this means larger wage and fuel costs than when phy...sical facilities permit the maximum speed and the minimum time. On the other hand, the relatively smaller transpor- tation costs resulting from improved physical facili- ties are generally effected by heavy increase in the 210 AMERICAN RAILROAD ECONOMICS permanent capital investment in the property. The heavier interest and dividend charges on capital investment may therefore wholly offset the saving in operating expense. The great problem always before the railroad financier is to determine how far the saving in transportation and in other costs aris- ing from proposed improvements and betterments will outstrip the cost of the new capital required for these purposes.
What to read after American Railroad Economics a Text book for Investors And Students?
You can find similar books in the "Read Also" column, or choose other free books by Aaron M Aaron Morton Sakolski to read onlineMoreLess
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