1937 Great Northern Railroad system Assessment & maps Louis Hill personal copies

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1937 Great Northern Railroad system Assessment & maps Louis Hill personal copiesThese volumes were personal copies of Louis Hill. Cover letter that came with these reports that is included, but not shown: Great Northern Railway executive department Saint Paul Minnesota, July 6, 1937 Dear Mr. Hill I take great pleasure in closing copy of report made by the chief of the different divisions of the reconstruction finance corporation in Washington DC as a result of their investigation of the great Northern Railway much complementary reference to this report as appeared in the papers and indicates that the property is in good condition yours very truly WP Kenny, President Great Northern Railroad Mr. L. W. Hill Great Northern railway Company St. Paul, Minnesota Each volume is 14 1/2” by 9”, Albums put together with cotter pins , stiff cardboard covers have some chips small tears along outside edges . Interiors are clean. Data book is 120 pagesOther book is mainly pull out diagrams/maps 11 good size pull out maps , some being nearly 50″ long when pulled out This is an exhaustive look at the road and it’s equipment over the entire system Reconstruction finance corporation railroad division Great Northern railway Condensed profile and road characteristics July 1933 revise for ruling grades September 6, 1935 Inspection made of representative portion of the primary and secondary main, and some branch, line mileage of the Great Northern railway, also of a substantial cross section of equipment owned in the major facilities provided for its upkeep a report is submitted here with which is summarized briefly as follows: Track and structures, motive power and other rolling stock have been adequately and thriftily maintained There is no deferred maintenance The fixed plant is stout and sound and the equipment well fitted to the needs of the railroad The conduct of transportation is efficiently handled Expenses are well-controlled The property has been very substantially improved since 1920 both from the standpoint of revision of physical characteristics , addition of needed facilities in the modernization of equipment, all devised to promote economy and efficiency in maintenance and operation The traffic of the property has suffered during the past few years from the depressed condition of the agricultural interest and it’s curtailed purchasing power, reduced volume in the steel industry has reduced and, in the year 1932, almost eliminated, the movement of iron ore. Revenues are now on the upgrade, iron ore tonnage, while still much below former high levels, is steadily increasing Intensive Development of diversified farming territory is much in evidence and should prove a valuable traffic support if and when drought conditions again reappear in the grain raising territory The road has a well coordinated, effective and forward-looking management Ability to carry a very substantial portion of increased gross earnings down to net has been demonstrated in recent years The research work, on basis of which this report has been written, was Conducted jointly by examiners Hilton M. Moore, F.E. Lyford, and the undersigned Please email with any specific questions prior to bidding. Guaranteed Old & Original.

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