That the recent steady rise of railroad securities was not without good grounds, the annual report of the Interstate Commerce Commission has clearly shown. While the unprecedented volume of traffic threw heavy tasks on the roads, they have come through the year with "unequalled performance" of service. While rates have been in some cases decreased, at an estimated saving to shippers of $500,000,000, the heavy traffic has proved profitable to almost all roads.
This turn towards better times, after many years of financial adversity which the roads have been experiencing, has for the first...
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