Proceedings of the American Electric Railway Transportation And Traffic ...

Cover Proceedings of the American Electric Railway Transportation And Traffic ...
Proceedings of the American Electric Railway Transportation And Traffic ...
American Electric Railway Transportation And Traffic Association, American Street And Interurban Railway Transportation And Traffic Association
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In other words, " optimism " should be written in electric lights on our sign posts, thus pointing to our isuccess.
The property for which I am responsible fairly demonstrates the success of this bit of philosophy, and for fear that some members present are not familiar with our situation I will say that it includes traction lines operating between Indianapolis, Indiana, and Louisville, Kentucky, the city lines in New Albany, Jeflfersonville and Columbus, Indiana, and the suburban lines operati
...ng between New Albany, Jeffer- sonville and Louisville.
Digitized by Google Report on Merchandising Transportation 65 Within the five years during which I have been responsible for this property, through the purchase of additional equipment, I have seen our passenger receipts increased 42 per cent and our freight earnings increased from 6 per cent to 27 per cent of our gross business. The question may arise as to how this additional equipment was financed.
The usual car trust equipment methods were followed.


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