The Dollars Go Rolling Along

Railroad profits this year will be so good that the railroads may again become a healthy part of the economic system.

This cheerful fact was clinched last week when the venerable Association of American Railroads put total profits in the eight months to Sept. 1 at $466,900,000, v. $299,000,000 in the like 1941 period. Since more lush, big-traffic months are still to come, earnings for all of 1942 should top $800,000,000—60% above last year and between 1926's $809,000,000 and 1929's record $897,000,000.

Some railroads are doing even better. Far-flung Northern Pacific last week reported eight months' profits at $5,787,000 against...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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