. The Street railway journal . ucting ej^gineers,who have been more and more enlarging their banking facili-ties until one might say each has a banking department of itsown. It might be made an axiom that enterprises shouldseek capital in the large cities nearest to the location of theproposition. There are a few bankers in every large city who are dealersin investment securities and who make a specialty of publicutility bonds. These bankers and bond houses rarely financethe construction proposition brought to them by a homepromoter. It is more in their line to buy the entire issue ofbonds aft
. The Street railway journal . ucting ej^gineers,who have been more and more enlarging their banking facili-ties until one might say each has a banking department of itsown. It might be made an axiom that enterprises shouldseek capital in the large cities nearest to the location of theproposition. There are a few bankers in every large city who are dealersin investment securities and who make a specialty of publicutility bonds. These bankers and bond houses rarely financethe construction proposition brought to them by a homepromoter. It is more in their line to buy the entire issue ofbonds after the road has demonstrated earning power, al-though they sometimes do take up construction projects whenbrought to them by high-class engineering firms. In suchcases the original promoter gets back, perhaps, the money hehas spent, but takes the most of his profit in experience. Negotiations by the Blair interests to take up the elevatedrailway merger in Chicago have recommenced. December 22, 1906.] STREET RAILWAY JOURNAL. 59. NEW STEEL UNDERFRAME CARS FOR BOSTON The Boston Elevated Railway Company has recently se-cured from the J. G. Brill Company, of Philadelphia, fifty semi-convertible easy-ac- cess cars for surface lineuse. Of these cars thirty-seven are equipped withsteel underframing andthirteen with woodenunderframing. Each ofthese cars is 44 ft. 10 all, 8 ft. 6 ins. inmaximum width and 12ft. high from the track tothe trolley board. Eachcar is to be equipped withBrill No. 27-E-1 trucksand 33-in. wheels. The side sills are composed of 18-in. xJHj-in. plate having riveted to the lower edge a 3^-in. x 3^-in. x y2-in. angle-iron. The stringers are composed of ; crossings are of 5-in. channel iron, as are the endsills. Each car is to have thirteen windows on each side anddoors at each end 3 ft. 10 ins. long and 1% ins. thick,operated by compressed air. The flooring of each caris to be composed of corrugated galvanized iron laid withthe corrugations runni
Size: 2716px × 920px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1880, booksubjectstreetr, bookyear1884
