The Archive · 1933

IN. E.R. Optimism

London, Oct. 31.

An_ encouraging announcement was made to-day by the London Northeastern Railway in view of the long. and dismal" series of diminishing returns recently suffered by, all railways.

The company announces that improved trade conditions have caused It to undertake a series of developments which will cost £2,300,000.

The money will be spent on new locomotives for express passenger traing and for fast freight trai quantity of new rolling-stock, x nuinber of renewals of the permanent Way and in the renovation of build-

Text read from the printed page and cleaned; old type leaves the occasional error.

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