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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Sat Nov 23, 2013 1:42 am 

Joined: Sun Jan 06, 2013 5:07 am
Posts: 66
Location: Illinois
Not to mention that some of those who put her to bed are apart of the team working to wake her up. They know what they did 19 years ago, and what she needs now. All I know is that my world makes sense again.

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The Norfolk & Western...home of the A's,Y's,M's,K's and the Mighty J's....well done Roanoke....well done.


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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Sat Nov 23, 2013 10:25 am 

Joined: Sat Aug 25, 2007 12:45 am
Posts: 1090
steaminfo wrote:
1. The work was purchased in 1996 by NS for an amount reported to be "low six figures".
2. It was sold, along with a Picasso work, at Sotheby's. The combined price of the two works was in excess of $70 million.


Mike Allen's article "Norfolk Southern donates $1.5 million for 611 steam engine" in The Roanoke Times (November 23, 2013) includes this interesting detail:

Quote:
The full amount of the painting's sale price at auction was not included in the news release, but Sotheby's website lists the Nov. 14 sale of a 1959 Rothko for $3,693,000. The auction company estimated the painting would bring between $1.5 and $2 million.


In other words, the painting sold for $1,693,000 more than the high end of the Sotherby's estimate.

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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Sat Nov 23, 2013 11:19 am 

Joined: Sat Apr 01, 2006 5:19 pm
Posts: 599
Location: Bowie, MD
Chris Webster wrote:

In other words, the painting sold for $1,693,000 more than the high end of the Sotherby's estimate.


Sounds like NS made some good investments back when and had the pleasure bringing some very fine art to the HQ town (as well as elsewhere) in the process.

Also is a nice example of how a modern railroad is more than just a railroad (hint, hint, TRAINS magazine).

Bob


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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Mon Nov 25, 2013 1:44 pm 

Joined: Sat Sep 04, 2004 10:54 am
Posts: 1186
Location: Tucson, Arizona
Doesn't hurt to have a little good PR in a day where the public awareness of the importance of railroads is shrinking. Lac Megantic was something the industry didn't need and has marred the image of the entire industry. Having a 12 inch to the foot scale trainset and inviting the neighbors in the community to have an occasional ride can make a big difference.

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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Mon Nov 25, 2013 8:42 pm 

Joined: Mon Dec 29, 2008 12:05 am
Posts: 173
Location: Albuquerque, NM
Alan Walker wrote:
Doesn't hurt to have a little good PR in a day where the public awareness of the importance of railroads is shrinking. Lac Megantic was something the industry didn't need and has marred the image of the entire industry. Having a 12 inch to the foot scale trainset and inviting the neighbors in the community to have an occasional ride can make a big difference.

...which is why Union Pacific has had its heritage/steam program in place all of these years and is even now about to restore yet another of its iconic steam locomotives to full operation (and proving wrong quite a few naysayers in the process). NS's current management/ownership understands that and that is why NS is well on its way to having a similar (and possibly better) program.

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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Mon Nov 25, 2013 9:30 pm 

Joined: Mon Jan 02, 2012 8:47 pm
Posts: 486
Mike Swanson wrote:
Alan Walker wrote:
Doesn't hurt to have a little good PR in a day where the public awareness of the importance of railroads is shrinking. Lac Megantic was something the industry didn't need and has marred the image of the entire industry. Having a 12 inch to the foot scale trainset and inviting the neighbors in the community to have an occasional ride can make a big difference.

...which is why Union Pacific has had its heritage/steam program in place all of these years and is even now about to restore yet another of its iconic steam locomotives to full operation (and proving wrong quite a few naysayers in the process). NS's current management/ownership understands that and that is why NS is well on its way to having a similar (and possibly better) program.


No offense to NS or the 611, but I don't think you can get much better than an operating Big Boy...

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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Mon Nov 25, 2013 11:01 pm 

Joined: Tue Jul 05, 2011 1:18 am
Posts: 198
Mark Z. Yerkes wrote:
Mike Swanson wrote:
Alan Walker wrote:
Doesn't hurt to have a little good PR in a day where the public awareness of the importance of railroads is shrinking. Lac Megantic was something the industry didn't need and has marred the image of the entire industry. Having a 12 inch to the foot scale trainset and inviting the neighbors in the community to have an occasional ride can make a big difference.

...which is why Union Pacific has had its heritage/steam program in place all of these years and is even now about to restore yet another of its iconic steam locomotives to full operation (and proving wrong quite a few naysayers in the process). NS's current management/ownership understands that and that is why NS is well on its way to having a similar (and possibly better) program.


No offense to NS or the 611, but I don't think you can get much better than an operating Big Boy...


You could restore a C&O Allegheny (Hint, Hint, CSX)


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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Tue Nov 26, 2013 12:40 am 

Joined: Sun Aug 22, 2004 7:19 am
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Mark Z. Yerkes wrote:
No offense to NS or the 611, but I don't think you can get much better than an operating Big Boy...


Well, that depends on how much of your rail you want to have available to your steam program. Something smaller, like 630 or 4501, can go on branchlines and serve communities a huge white elephant can't traverse. I think the NS version makes a lot of sense from that perspective. Wal Mart has proven that big doesn't automatically mean good.

dave

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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Tue Nov 26, 2013 5:51 pm 

Joined: Sat Sep 04, 2004 10:54 am
Posts: 1186
Location: Tucson, Arizona
Jeff Lisowski wrote:
Mike Swanson wrote:
NS is well on its way to having a similar (and possibly better) program.


Remember, this is NOT the NS Steam Program of yore..

NS is leasing other group's locomotives and keeping the program low key this time around.


As said, leasing locomotives was by and large the model of the old Southern Railway Steam Program. Only the 2-8-0s were owned by the railroad. The big difference is the contracting out of the maintenance and operation services versus the old in house program.

When thinking of the creation of the Southern's program, one should remember that it came about at a time when the Southern's name was mostly associated by the public with the Big John hopper rate case and train wrecks.

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 Post subject: Re: NS Donates $1.5 Million for NW 611
PostPosted: Thu Nov 28, 2013 1:37 am 
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Location: Hershey, PA
Mark Z. Yerkes wrote:
Mike Swanson wrote:
Alan Walker wrote:
Doesn't hurt to have a little good PR in a day where the public awareness of the importance of railroads is shrinking. Lac Megantic was something the industry didn't need and has marred the image of the entire industry. Having a 12 inch to the foot scale trainset and inviting the neighbors in the community to have an occasional ride can make a big difference.

...which is why Union Pacific has had its heritage/steam program in place all of these years and is even now about to restore yet another of its iconic steam locomotives to full operation (and proving wrong quite a few naysayers in the process). NS's current management/ownership understands that and that is why NS is well on its way to having a similar (and possibly better) program.


No offense to NS or the 611, but I don't think you can get much better than an operating Big Boy...

I can think of 4 numbers.... 1218!

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