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 Post subject: Re: Original Price of Locomotives
PostPosted: Sun Apr 28, 2024 2:42 pm 

Joined: Thu May 24, 2012 1:37 pm
Posts: 2257
Aren't those Erie geeps passenger units equipped with steam generators? Still running in commuter service in the early '70s...

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 Post subject: Re: Original Price of Locomotives
PostPosted: Sun Apr 28, 2024 3:53 pm 

Joined: Sun Aug 22, 2004 8:53 pm
Posts: 208
Erie 1260-1265 were freight units.

They did have five GP-7s, 1400-1404 that were equipped for passenger.

JR


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 Post subject: Re: Original Price of Locomotives
PostPosted: Mon Apr 29, 2024 1:20 pm 

Joined: Thu May 24, 2012 1:37 pm
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1955 seems late for something like a Korean War surcharge, I'd tend to agree with PC that there's a transpose in the '5' and the '9' -- but is the price mentioned in more places than the board note? And what do we kave for comp prices on GP9s in this general time range? I think this is right around the time PRR made their big Geep purchase...

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 Post subject: Re: Original Price of Locomotives
PostPosted: Mon Apr 29, 2024 11:17 pm 

Joined: Thu Oct 24, 2019 11:05 pm
Posts: 143
At a point in time in the 2000 oughts, I had access to a spread sheet that was tracking all CSX Capital Expenditures - at that time the GE AC44CW's were being placed on the books at $2.1 Million each. Since that was 20 years ago, I have no idea what engines are going for in 2024.


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 Post subject: Re: Original Price of Locomotives
PostPosted: Tue Apr 30, 2024 12:07 am 

Joined: Fri Dec 22, 2017 6:47 pm
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Location: Philadelphia, PA
With the diesel prices shown it made sense for RDG with 10 FT A-B sets in service to order 20 2-8-0's rebuilt into 4-8-4's for fast freight. (they later ordered 10 more 2-8-0's rebuilt into 4-8-4's.)

Phil Mulligan


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 Post subject: Re: Original Price of Locomotives
PostPosted: Tue Apr 30, 2024 11:09 am 

Joined: Sun Aug 22, 2004 8:53 pm
Posts: 208
PRR M-1 prototype, Juniata 1923: $68,317
PRR M-1 mass-production, Baldwin 1926: $65,612

Ref: "Atterbury's Engines", Bert Pennypacker, Trains October 1979


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 Post subject: Re: Original Price of Locomotives
PostPosted: Fri May 03, 2024 12:57 pm 

Joined: Sun Aug 22, 2004 8:53 pm
Posts: 208
From New York Ontario & Western in the Diesel Age, Robert Mohowski, Andover Junction Publications:

44-ton GE 1941/1942 $35,000
FT A-B pair EMD May 1945 $249,341
NW-2 EMD 1948 $95,673
F3 A-B pair EMD March 1948 $301,701


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 Post subject: Re: Original Price of Locomotives
PostPosted: Fri May 03, 2024 5:58 pm 

Joined: Thu May 24, 2012 1:37 pm
Posts: 2257
Quote:
"With the diesel prices shown it made sense for RDG with 10 FT A-B sets in service to order 20 2-8-0's rebuilt into 4-8-4's for fast freight. (they later ordered 10 more 2-8-0's rebuilt into 4-8-4's.)"


And at almost the same time, Frisco was rebuilding a different sort of 2-8-0s original constructed before WW1 into what were perhaps the most modern 2-8-2s built in America. I do not have the precise financial details, but was told that it was a consequence of tax law that allowed full depreciation if more than a particular percentage of the engine's value was 'new' construction or equipment. Someone here, I'm sure, has access to those numbers...

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