Evening star., 1923-07-24
ROADS TO EXPEND
ABOUT S40O,o)O,0Q0
Railroad Lines in South Are
Putting Out Huge Sums to
Improve Systems.

BALTIMORE. July 24.tA brief sur
vey of announcements of expendi-
lures made and to be made by the
railroads this year, says the Manu-
facturers' Record, reveals the impor-
tant and highly interesting fact that
these aggregate between $4,000, 600
and $400, 100000 for railroad systems
most of which are wholly within the
south. and all at least partly so. and
consequently handling large volumes
OF southern traffic,
In a recent statement issued to its
stockholders in connection with the
semi i-annual dividend payment the
Atlantic Coast Line reported a total
of $26,O00,O00 expenditures for inn
provements and equipment, including
$9,000.000 for cars. S4,400.000 for loco
III motives. s5.9O0.000 for double track
S1.S00.0oU for shops and facilities in
connection, s1.300.000 for yards and
related facilities and $1.200.000 for
new rails. besides other work.
L. and N. Has Big Program.
Especially interesting in this con-
nection is the recent statement made
by w. L. Mapother. president of the
which is controlled by the Atlantic
Coast Line, that the l.. and n. pro-
gram plans for the expenditure of a
total of SS5,000.000, of which S45,060.-
GOO will be for enlarged facilities for
the transportation of coal. Part of
this total it appears is already e&
pended. contracts having been let dur
ing the last seven or eight months
for s41.000.000 worth of work. includ-
ing the building Of new equipment
to cost $20.000.000.
President n. ID. Maher also lately
told the stockholders of the Norfolk
and Western Railway Company that
the company has purchased over
s2S.O00.00O worth of motive power and
.quipment, besides spending over
tiles as terminals. as we'll as along
the road. some of this latter work
being still in process of completion.
The Chesapeake and Ohio railway
OF new equipment and also has on
hand about 100000 of terminal
work.
VirsinInn Let's Contract.
The Virginian railway has let a
contract to electrify 213 miles OF
track at Il cost of S15.000.000, for
accelerating the movement OF it's
About s30.000.000 of new equip
nent has been ordered by the Balti-
more and Ohio railroad. and it has
many other improvements under
"os' tHe baltimore elcNd-
tor to cost about s5.00O,00O.
The Pennsylvania railroad order
ed s57.0O0.000 of new equipment to
be placed In service this year. to say
nothing of very many more millions
included in its budget for 1928
The Central of Georgia railway,
controlled by the Illinois Central.
Will spend over s6,300,000 during
1923 of which more than one-half
will be for necessary new equipment
SeabOnrd's New Equipment.
About s5.000.00O of new equipment.
including both cars and locomotives
was purchased by the Seaboard Air
Line for delivery this summer and
fall. this being In addition to heavy
expenditures previously made by
TINS system to care for increased
traffic.
over s2,1oo.0oo is being expended
this year for improvements, not in
cludfng equipment. by the Florida
East Coast railway. The equipment
purchases of this road amount to
more than $2,500,o00. making to-
0O0
The Southern railway has ordered
Sl7.O00.000 of new equipment to be
built this year in addition to s13-
100000 spent last year for equipment
and improvements. Nearly all of
the cars and engines now on order
will be built In the south
The Illinois Central. Atchison and
other roads also are planning big
outlays on their lines in the south.