Salt Lake Telegram | 1926-12-27 | Page 3 | Railways Put $5,200,000,000 into Roads in 7 Years

RAILWAYS AYS PUT INTO ROADS IN 7 YEARS CHICAGO Dec 27 AP Con P Con Continued r railway progress marked 1926 longer and heavier freight trains moving at reat i-reat greater r speed each ton mile of ot freight service and each car of i passenger service being handled ei on 01 less fuel And despite the tendency of rates to decline and of taxes to Increase net earnings ad advanced These facts were pointed out today by 1 L. L A. A Downs president of the Illinois Central In his hia ye yearly letter to the public In the seven se years up to and Including 1926 the railroads rl spent for Improvements and iod extension of their facilities approximately he said Largely because of the thoe increased Investment Investment investment Invest Invest- ment the performance e of the railroad railroads railroads rail rail- roads road in 1926 was notable for its adequacy efficiency and economy More than l loaded freight II cars were handled each week on onan onan onan I I an average