The Washington times., 1929-07-10
FREIGHT LOADS
SET NEW
RECORD
BY HARRY GUSACK
Financial Editor

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The movement Of freight during
the first hair Of 1929 was the great
for any corresponding period on
record, it was announced today by
the American Railway Association.
Revenue freight loads for this
period totaled 26,5ss.sss cars. an
increase OF 1.1s5.1s5 cars over the
corresponding period in 1928.
Except for few instances Of
local car shortage Of a temporary
nature; the heavy movements OF
freight, that has marked the first
half of 1929, has been handled with
out difficulty by the railroads OF this
country 49,
Revenue freight loading for the
week ended June 20 totaled. 1,O90, ia
cars, the greatest number loaded IN
any one week so far this year ana
the peak week.. so far as the first
half Of any year is concerned, Tor
all times. Ordinarily this tetal Ior
any one week has never been
reached prior to this year before
the latter part of July or IN
August
COMPARED with the corresponding
week last year, the total for the
week OF June 90 was an increase
OF 92.O25 and an increase of 74,286
over the corresponding week in 1927.
Compared with the preceding week
this wear the total for the week OF
June go was an increase of 26,67S
cars, with increases being reported
insthe total loading of all commodi-
ties with the exception of live stock
ana forest products, which for the
most part showed small reductions.
Loadings for the week as com
PARED with the same week last year
were as follows: Miscellaneous
freight, 1863 cars, an increase of
1884 cars; coal. 165,664 cars, an
increase Of 1875; live stock 3s,967
cars, decrease OF 1,246. In the
Western district alone, live stock
loading totaled 1874 cars, a de-
crease of 331 cars below the same
week in 1928.
Grain and grain products loading
tOtaled 81 ,946 cars. an increase of
1919 cars. In the Western dis.
tricts alone, grain and grain prod.
Mcts loading totaled $4,000, cars, an
increase of 1889 cars over the
same week in 1923. Merchandise in
less than carload lot freight load
1ngs amounted to 260,617 cars, an
increase of Ills cars; forest prod
dcts. 69,45T cars, an increase of
2 .SsS cars:l ore, 1851 cars, an in
crease Of 1922 cars: coke, 1000
cars, an increase OF 1855 cars.
Three New Chalrmen
Appointment of three more
COMMITTEES chairnien in the ID. c.
Bankers Association standing corn
naitt6es was announced today by
Wilmer J. Waller, president. These
include George. o. Vass, vice pres
ident of Riggs National Bank,
chairman Of the committee on com
mercial trade activities; H. H. Nc
Kee,, president of the National Cap
ital Bank, chairman of the COM
mtttee on taxation, and Lanier p.
McL.achlen, president or the Nc
Lachlen Banking Corporation. chair
man of the committee on Treasury
relations.
The new committee chairmen
have all been outstanding figures
in the work of the local bankers
NEUTRALITY-SUSPICIOUS. 0SS WaS StAGA- AAoNAA
or the publicity committee last year
and has served econspicuously on
many, other organization COM
mittees. Mckee succeeds himself
as chairman Of the taxation com.
nittee and is probably the best
qtfaIified banker in Washington for
the position. having made taxation
and Legislative matters affecting
banks a study for many years.
McI4achlen is vice president Of the
District Of Columbia Bankers Asso.
citation and is especially qualified by
reason of his experience.
AT special meeting Of the Dis
frict of Columbia Bankers Associa-
tion, eldsyesterday afternoon in the
headquarters OF the organization, ap.
pfopriate resolutions were adopted
upon the recent death of w. T.
GalIiEler; chairman of the board OF
the federal American National
Bank. ~ ~