Journal 126 ~ July 1998
- The Chairman speaks : Dave Meller
- Editorial
- The Future : Dave Meller
- From the General Manager's Office : Stuart Weatherby
- AGM Report : Andy Hughes
- Heritage Meeting : Dave Meller
- In Black and White : Dave Allan
- Welsh Highland Heritage Group : Dave Allan
- Operating Department : Andy Hughes
- Infernal Combustion Locomotives on the Welsh Highland Railway : Geoff Jenkins
- Tales from the Hay Barn : Andy Blackwell
- Gelert News : Lewis Dittrich
- Works Locomotives : Geoff Jenkins
- Motor Rail & Tramcar No. 264 : Andy Hughes
- Butch Week : Andy Hughes
Polish Diesels - Deutsche Reichsbahn Coach : Steve Grimes
- The New Signal Box : Andy Carter
- Obituaries
- Permanent Way : Andrew Goodwin
- Civils' Future : Nigel Hanwell
- A Glimpse of the Early Days of the North Wales Narrow Gauge Railway : E Pennant Jones
- Agreement with Festiniog Railway Company : Hilary Chapman
- The Formal Agreement with the FR
- Porthmadog Station Building : Dave Meller
- Pedemoura Society : Steve Grimes
- Improving the Gelert's Farm Visitors' Experience : Geoff Jenkins
The End of an Era - Tidying up the Trackside : Mark Wigley
- The Darjeeling Mail : Richard Beton
A Review - The Young Highlanders : Mark Herbert
- The letters pages : P. Riley
Restriction of Members' Voting Rights - The letters pages : Roger Plenty
- The letters pages : Graeme Walton-Binns
The Call for Copy - The letters pages : Richard Kirk
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