ROLLING stock, FREIGHT cars, RAILROAD passenger cars, PROFIT
Abstract
The article reports on the performance of railroad stocks in the U.S. during 1955. It is stated that despite making record profits in 1955, most of the railroads did not have enough resources to pay for the new equipments. In 1955, freight car orders were at a record 147,000 units; and orders for passenger cars increased by 25 percent to 500 units. It is stated that the Wall Street will have to sell a large amount of new rail securities to pay for the new equipment.
Chapter X of the book "Ralph on the Engine: The Young Fireman of the Limited Mail" is presented. It offers information on the maintenance and system check ups done by Engineer Griscom to ensure the safety of the locomotive. It mentions the person that Griscom contacted to provide new engine for the train Limited Mail.