June 20, 1997 • Page Image 63
…15 Month CD ly, crane rail wears out faster and needs replacement more frequently. Although crane rail is lighter than train rail and or- ders are smaller, steady demand helped Crown Steel buffer the volatility of the railroad track market tied to business cycles. Industry experts agree that although the need for rail nev- er completely vanished, times were hardest between 1950 and 1980. Rail is currently experi- encing a comeback. "The resur...…

















































