Summary of Joint Report; With Comprehensive Plan and Recommendations, New York, New Jersey Port and Harbor Development Commission, Appointed Under Chapter 426, Laws of 1917, State of New York; Appointed Under Chapter 130, Laws of 1917,

Summary of Joint Report; With Comprehensive Plan and Recommendations, New York, New Jersey Port and Harbor Development Commission, Appointed Under Chapter 426, Laws of 1917, State of New York; Appointed Under Chapter 130, Laws of 1917,

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 edition. Excerpt: ...concerned. Item 1 is that indicated in Table 3, amounting to about 43 cents per ton or $4,318,000 on 10,000,000 tons. It includes (#1) the direct advantage of the automatieeloctric system over present facilities in the sum of direct costs, fixed charges and credits from two revenueproducing warehouse floors in each terminal; (b) the estimated value of an average saving of two days in the cycle at the Port of the railroad cars handling the freight, and (c) the 2 estimated saving through material reduction in the movement of empty cars. (At present approximately 25 per cent of the cars in Manhattan pier-station service move empty one way.) Items 2 and 3 are direct public benefits arising from eliminating congestion and consequent idle time of trucks at stations, and from making every station a receiving and delivery point for every railroad using the system. The sum of items 1, 2 and 3 represents a saving to the community of $7,120,000 per year, or a net return on the capital investment required of 3.54 per cent in excess of the interest and Table 4--Saving by Automatic-Electric System on Basis of 10,000,000 Tons Handled Annually 1. Saving over present system in railroad operation. $4, 318, 000 2. Saving in truck delays........................ 1,648,000 3. Saving in trucking distances................... 1, 154, 000 Total..................................... $7, 120, 000 Per cent above 5% interest on $201,190,000...... 3.54% 4. Net rentals from two additional loft floors...... 6, 416, 000 Total saving....-........................... 13, B38, 000 Per cent above 5% interest on $218,630,000...... 6.22% Important Items of Saving Impracticable to Estimate Accurately 5. Increased average loading of railroad cars. 6. Increased average loading of...show more

Product details

  • Paperback | 26 pages
  • 189 x 246 x 1mm | 68g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236919300
  • 9781236919304