• U.S.

Business & Finance: Record Car Loadings

1 minute read
TIME

Until the week ending July 28, 1923, when 1,041,044 cars were, loaded in the U. S., the record loadings had been 1,018,539 established Oct. 14, 1920. Now another high record for all time has been established during the week ending Aug. 25, when 1,069,932 cars were loaded. This record aggregate figure includes 606,105 cars of merchandise—another new record. To only a small extent was this heavy traffic due to the prospective shut-down of the coal mines; it was the inevitable consequence of the tremendous movement of raw materials last Spring, and of the extensive prosperity of the mercantile trades at the present time. The movement of this record traffic, owing to the far-sighted and strenuous efforts of railroad executives months ago to make improvements and obtain additional equipment, is thus far proceeding smoothly and speedily.

More Must-Reads from TIME

Contact us at letters@time.com