Railroad Fire Losses

Railroad Fire Losses

Fires, mostly due to preventable causes, last year resulted in actual damage of $2,406,236 to railroad property, according to Walter C. Neely president of the Mutual Fire, Marine & Inland Insurance Co., Philadelphia.

Fire, responsible for the destruction of or damage to railroad buildings, including contents, locomotives, box cars, coaches and other rolling equipment and merchandise in transit during the year 1944 has hampered the war effort of the railroads to an incalculable extent, said Mr. Neely. The large amount or loss indicated in dollars is only part of the record of equipment and vital goods destroyed or damaged beyond recovery.

Of losses caused by carelessness, which it is claimed amounted to $1,122,261 of the total losses, smoking was by many times the larger—accounting for $1,115,985.

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