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The big advantage was the railroad could transfer over the associated VERY LOW interest rate as long as wartime commission existed . . . . after that market rates prevailed.
On May 3, 2018 at 12:04 PM James SANDIFER <steve.sandifer@...> wrote:
Nice builder’s shot. According to the Santa Fe Box Car book, “Some sources suggest that this stood for Columbia Trust. It was logical that the Government arrange an equipment trust so that the railroads could pay for the cars in installments. The Bx-2 class carried the C. T. designation in the equipment registers until 1932. It is uncertain how long the cars actually carried the suffix to the car number.”
J. Stephen Sandifer
From: RealSTMFC@groups.io [mailto:RealSTMFC@groups.io] On Behalf Of Bob Chaparro
Sent: Thursday, May 3, 2018 10:46 AM
Subject: [RealSTMFC] Boxcar With "CT" In The Reporting Marks
ATSF 38691 has the initials "CT" included in the reporting marks. I'm sure someone knows what this means and can explain it.