Abstract :
To the Board of Directors: During the past year the application of electrical means to the various branches of transportation continued at an accelerated pace. The major division of the transportation industry, namely, steam railroads, added to its electrified lines and, although the mileage electrified is still a small percentage of the total, it is steadily increasing and is rapidly becoming an important factor in railroad operation. Into the field of city and suburban railways, improvements are constantly being introduced. On the water, electric drives are being adopted more and more, with either steam turbines or oil engines as prime movers. Bus transportation is adopting, extensively, gas-electric propulsion. The oil-electric locomotive and the gas-electric motor rail car are being introduced in certain phases of railroad operation.
