The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-04-18
Cars and Locomotives by Hun
dreds Ordered to Meet
Increased Traffic.
STEEL TO BREAK RECORDS
THAT A PROSPEROUS YEAR is
AHEAD FOR THE LAsoRiNG MEN
OF COUNTRY IS THE OUTLOOK
JUST NOW.
lAmerican news Service,


year more than 100000, 900 in new
additional and better equipped termin-
ais, and the like II conditions are
favorable they will spend on extern
sions and improvements more than
$3.50. 100000 II traffic conditions war
rant the expenditure the railroads will
expend $1,000, 100000 to be thoroughly
equipped to handle the greatly in
creased volume of business.
James j. Hill declares that il the
railroads intend to keep pace with the
business OF the country they must ex-
pend at least 81 500, 000, 900 a year for
the next six years for betterments
and equipments, total of $4,000, O00.-
900, a similar prediction made by Mr..
Hill four years ago.
Huge Volume Of Orders.
The officials of the railroad COM
panies having terminals in this city
and in Jersey City are noncommittal
as to the amount they will expend in
betterments this year. It Is known,
however, that the railroads have plac-
ed an enormous volume of orders with
manufacturers of steel cars, steel rails
and locomotives. On the basis of or
ders placed in March there will be
expended during the current year the
following amounts:
For 2SS,00O steel cars, $685., 900 900:
for locomotives. on a basis of $4,000
per engine, 500 100000; for locomo-
tiyes built in the shops of the respec-
tive companies, $48,000,0OO; total.
SAILS, 04O. 900.
This estimate does not include ex-
penditures for steel rails. improved
terminals, Strengthening and improv-
ing roadbeds, ETC., or even for passen-
ger cars. These items the railway
men say they are unable to compute.
w. E. Corey, president of the United
States Steel Corporation has stated
that in the volume of business trans
acted this year all records will be
broken by his company. So pressed
are the steel works that rails are now
being imported into this country from
England. The bulk of the steel COM
pany's business is derived from the
railroads.
In March the railroads placed ord
ers for 2,4O0 steel cars and 456 loco
motives. In addition, the roads be-
gan the building Of 200 engines in
their own shops. This shop work has
resulted in orders to the steel com
panies for 100000 tons of structural
STEEL
Since the first OF the year the rail-
roads have contracted for $4,000 to
IS, 900 steel cars and 1850 locomo
tiyes. Other contracts are pending
for 700 to 500 additional locomotives.
including 500 for the New York Cen
trail and Hartford systems. The price
of locomotive varies from $4,000 to
$35 700.
For Terminals and Bridges.
For new. railway terminals, bridges
and the like. contracts were placed
in March for about 10000 tons OF
steel, the bulk of which will be taken
| by the railroads. Orders were re-
leased last week for an additional 49,.
900 tons of structural steel, including
$500 tons for the Big Four shops at
Indianapolis and 600 tons for the
Pennsylvania system west of Pitts.
burg. The Chesapeake & Ohio placed
a contract for 1000 tons OF bridge
material
Among the equipment orders placed
during the week were $50 steel cars
for the National Lines of Mexico, from
the American Car & Foundry com
pany: fifteen passenger, forty freight
and ten Switching locomotives from
the American Locomotive company
for the Missouri, Kansas & Texas, and
six freight cars and two switching
locomotives for the Mineral Range
Railroad, with the American LOcomo-
tive company.
The Colorado & Southern has order
ed 500 allsteel gondola cars from the
Pressed Steel company, and 800 forty
ton and 200 thirty-ton stock cars from
the Mount Vernon Car company. The
Iowa Central is in the market for ten
consolidation locomotives; the Queen
& Crescent for ten Mallet locomo-
tives; the Chicago & Alton for ten
Mogul switch, ten Pacific and thirty
Mikado locomotives, and the Mime
apolis & St Louis for ten cons0lidar
ton and two Mogul switch locomo-
tives- The Mexico Northwestern liz
to buy 200 forty-ton and sixty thirty
ton stock cars
In the matter Of railroad equipment
alone American labor can foresee good
times and increased earnings. In this
city and vicinity there is remarkable
activity on the part Of the railroads
in building new terminals and extern
sions, and In the trans-Harlem dis
trict in the classification Of the roads
all of which win afforx abundant op-
portunity for labor
While the Pennsylvania and the
New York Central systems have been
expending vast sums Of money ON
their New York terminals and extern
sions. they still have large plans I'M
der way for the extension and i'm
provement Of their suburban service,
which will entail large expenditures.
To Wash lx Out