Read ing Railroad express profits questioned by committees
The New York Herald reports a Read ing Railroad committee finding its own express business kept separate from the main company, with 1884 gross receipts of 428000 and net 164000. If 40 percent charge for transportation were applied, express would show a loss of 8200. similar figures from Richmond and Alleghany suggest express operations often loss-making.
MENTIONED IN THIS ARTICLE
New York Herald
Reading Railroad
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Richmond and Alleghany Railroad
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