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Show RAILROADS TO SPEND BILUON. Additions, Betterments and Equipment to Cost Huge -um. Washington. Railroads under gov-rnmentoperation gov-rnmentoperation this year will spend aearly a billion dollars for additions, etterments and equipment, or approximately ap-proximately three times as much as n any one of the last three years. Total capital expenditures ap-jroved ap-jroved by the railroad administration, is announced May 19, are $9:57,(101,318. Jf this big sum $440,071,000 will be spent for additions and betterments, ;uch as stations and other property mprovemeuts; !?479,GSG,000 for equipment equip-ment cars and locomotives already jrdered through the railroad aominis-:ration aominis-:ration ; and $18,203,000 for track excisions. |