Background
Van Office of Strategic Services, Steven Frederik was born in 1868.
(This is a reproduction of a book published before 1923. T...)
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
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(This is an EXACT reproduction of a book published before ...)
This is an EXACT reproduction of a book published before 1923. This IS NOT an OCR'd book with strange characters, introduced typographical errors, and jumbled words. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is cultur...
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(This historic book may have numerous typos and missing te...)
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1893 Excerpt: ...revenue and in business, the fall in rates, etc. Attention need be called to only two special circumstances; the first is the increase of nearly 3UO per cent, in the freight tonnage, the second the remarkably low operating expenditure on this railway as far as freight is concerned. The average rate received in 1890 was only 0.626c., but the working cost was so phenomenally low (0.458c.) that a profit was made of 0.Iliac, per ton-mile, which must be considered exceptionally good, since it is almost exactly as great as on the New York Central, although the lastnamed company gets an average gross rate nearly 20 per cent, in excess of that received by the Lake Shore. There is to my knowledge but one railway in the United States which can move its freight cheaper than the Lake Shore, and that is the Norfolk and Western with its mineral traffic. But it would hardly be fair to compare the Lake Shore with a mineral road1 since its business is of a very varied nature, and hence it may claim the first place among the few railways which, on account of their technical perfection, make a good profit with very low rates. I have on several previous occasions called attention to the Lake Shore's perfection as a railway, the results of which are, for instance, shown by the fact that more cereals destined for the East leave Chicago by the Lake Shore than by any other railway, the Michigan Central being second (see p. 383). This is by no means incidental. Traffic naturally seeks the best routes, and the best routes make large profits because, firstly, they move freights cheaper, and secondly, because they get more of them on account of the greater despatch in transit: even in the so-called low freight business, where time of transit is no very important factor, freights seek ...
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Van Office of Strategic Services, Steven Frederik was born in 1868.
Holland.
Late editor of the Investors’ Chronicle. Investment banker.
(This is an EXACT reproduction of a book published before ...)
(This historic book may have numerous typos and missing te...)
(This is a reproduction of a book published before 1923. T...)
(Lang:- English, Pages 877. Reprinted in 2015 with the hel...)
Spouse 1896, Winifred, daughter of Technology Davidson, 6 Netherliall Gardens, Hampstead.