Over Hummock & Down Ditch

The dreaded "October peak" (TIME, Sept. 29) in railroad traffic passed last week and the railroads came through the test in a breeze. In fact, it wasn't much of a test after all. Highest weekly loadings—922,884 cars—came in the third October week, turned out to be some 25,000 cars less than the railroads themselves had expected. A.A.R.'s slogan ("the railroads are ready") was still untarnished. But the worst may be yet to come.

Chief reason October carloadings were lower than expected was that production itself lagged. Materials shortages and industry's ponderous changeover...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!