National Affairs: Green Ball

Last week was one of high exuberance for everyone connected with Union Pacific Railroad—from Chairman William Averell Harriman and President Carl Raymond Gray down to Jose the trackwalker. The green ball, signal for clear right of way, was showing. The road was clicking away towards profit.

Click. Union Pacific's net operating income for April totaled $797,169, which was a quarter-million dollars more than April 1932, and $131,577 more than March this year.

Click. The company placed a $200,000 order with Pullman Co. and General Motors Corp. to build a streamlined, oil-or gasoline-motored train...

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