Magazine content is available exclusively for TIME subscribers.Business & Finance: Fast Wheels
Prime indication of railroad recovery has been constantly increasing earnings. Another was the recent addition to 20-hour train service between New York and Chicago (TIME, Sept. 23) by the Pennsylvania and the New York Central. Last week there were many announcements that pointed toward railroad prosperity, although famed Stockmarket Bull Arthur W. Cutter was alleged to have indicated that railroad stocks were not a buy.
¶ The Pennsylvania R. R.* placed the greatest single order of rails in history, consisting of 310,000 tons.
¶ Faster trains between New York and Chicago were announced...
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