Last week Railway Express Agency, "brother-in-law of the railroads," slashed its rates between the two biggest cities on the Atlantic seaboard. Railway Express will now carry packages up to 5 lb. between New York and Philadelphia for a flat 25¢ instead of a maximum of 40¢; will carry 100 lb. for 75¢ instead of $1.45; 500 lb. for $3.64 instead of $7.25an average reduction of 50%. Reason: competition from trucks.
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