The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-02-03
RAIL LOAD|NGS
CONTINUE
HIGH
Unprecedented Traffic in Rev.
enue Freight Reported by
Railroads for January
BY HARRY GUSACK


stocks and bonds Is more easily
understood with the unprecedented
loading of revenue. freight, which
established q new high record dur
ing the past year, and which con-
Hnued during the first month OF
the present year, according to re-
ports filed by the carriers yesterday
with the car service division OF
the American Railway Association.
The total for the week ending
January "a was 924,264 cars, an
increase OF 32.77S cars over the
corresponding week In 1924, ard
B4.7gO cars above the same week
In 1929.
Grain and grain products loading
amounted to 53,724 cars, an increase
OF s,1Is cars above the week before
and SOFA cars above the same
week last year, as well as an in
crease OF 6,929 cars over two years
ago. In the western districts
alone. grain and grain products
loading totaled SO, sos cars, an ins
crease Of S,303 cars over the COR
responding week last year.
Forest products loading totaled
"a. ala cars. S73 cars above the week
before and 1859 cars above last
year. Compared with the CORE
spending week two years ago., It
also was an increase OF 4.S37 cars.
Loading of merchandise and less
than carload lot freight totaled 2S9,-
O64 cars. 1863 cars above the week
before and 1916 cars above the
same week last year. It also was
27.24s cars above the same week IN
1928.
Miscellaneous freight loading for
the week Of january "a amounted to
9s9. 253 cars, Its cars below the
week before. 1851 cars above the
same week last year. It also was
an Increase Of 1888 cars above
the same week two years ago.
international Bank Report.
The annual meeting Of the stock
holders OF the international Bank
was held yesterday. at which time
the report OF John r. Waller, presi-
dent Of the institution. was read.
Mr.. Waller pointed out that the
growth of the bank in the past nve
years had been noteworthy, placing
Il IN an important position in com.
mercial and banking circles OF the
District.
Stockholders last week received
dividend checks aggregaflng $50 900
on the 81 zoe 900 OF stock outstand.
ing. Since its organization, the |
report shows that the bank has
disbursed cash dividends amounting |
60 $40 q share and stock dividends |
Of S85 share. eg Il
Officers of the institution are.
John r. Waller, president; A. c.
Waller, William L. Symons and ].
4. Guthrie, Dubuque, Iowa. vice
presidents; Thomas b. Lawler, Sec
rotary, and Edward A. Stuart,
treasurer.
DOnaIdsOns Go to Florida.
r. Golden Donaldson, president
OF the Commercial National Bank,
accompanied by Mrs. Donaldson,
departed yesterday for Palm Beach,
Fla. where they win visit until
after Easter.
A syndicate composed Of Dillon,
Read and Company. The National
City Company, Guaranty Company
Of New York. Lee, Higgfnson and
Company, Harris, Forbes and Com
pany, Bankers Trust Company,
White, Weld and Company, CONT
mental and Commercial Trust and
Savings Bank, Chicago and Illinois
Merchants Trust Company, is today
publicly offering t35, 1000, 900 Cana
dian National Railways AIS per
cent guaranteed gold bonds. The
offering Il divided into SIS, 900 900
Canaditn National Railway Com
pany five-year bonds, due February
Is, 1880, and $1T,000.0o0 Canadian
Northern Railway Company ten.
year bonds, due February Is, 1885.
Principal and interest is payable
In gold in New York City, also
payable in Canadian currency In
Toronto. Montreal and Ottawa.
The Dominion of Canada g1aran-
tees principal and interest by en-
dorsement.
All Of the capital stock of the
Canadian National Railway Com
pany and the Canadian Northern
Railway Company Is owned by the
government Of the Dominion If
Canada, which guarantees - the
bonds.
The price for the five.year bonds
u S9B and interest, to yield over
t.S2 per cent. The price for the
ten-year bonds is 97Ss and interest.
20 yield over 4.8O per, cent,
The National City COMPANY "
offering today $4,000, 900 Aktienge.
eellschaft Sachsische Werks. OF
Germany Saxon Public Works.
Inc( first mortgage twenty.year
sinking fund per cent guaran.
teed external loan gold bonds. due
1915. at a price Of 90 and accrued
interest to yield $50 per cent. The
loan Is Internationally guaranteed
BY the Free State OF Saxony aS
70 principal and interest and sink.