As of October 1, 1958, Class I railroads own or lease 27,622 diesel locomotives, 1,532 steam locomotives, and 559 electrics. . . .
Atlantic Coast Line and Seaboard Air Line are mulling a merger. . . .
New York Central unveils a system for transporting ballistic missiles in conventional 70-foot baggage cars. . . .
A short strike by United Auto Workers members that idled EMD’s La Grange and Chicago plants ends on October 13. . . .
Spokane International, a 150-mile bridge line between Spokane, Wash., and Eastport, Idaho, comes under Union Pacific control. . . .
New York Central leases its 34-story headquarters building, located just north of Grand Central Terminal at 230 Park Avenue in Manhattan, to a real estate investor for a term of 50 years; although the road’s HQ will remain there, the name will be changed from New York Central Building to New York General Building. . . .
On October 26, Chicago & North Western places new intercity bi-level cars in service on Chicago-Green Bay, Wis., and Chicago-Ishpeming, Mich., runs. . . .
Atlantic Coast Line breaks ground on new 15-story HQ building in Jacksonville, Fla., on October 16. . . .
Louisville & Nashville adopts solid black for freight diesels, solid blue for passenger diesels. . . .
Southern Pacific 4294, last-built of the road’s famous fleet of cab-forward articulateds and the only one to be preserved, is placed on display near the road’s Sacramento, Calif., station. . . .
Northern Pacific scraps 4-8-4 No. 2626 — built in the 1920s as Timken No. 1111 to demonstrate the value of roller bearings — after an unsuccessful effort by fans to save her.