Business: More Freight, More Telegrams

The report on electric power production issued last week showed that this important business index had lost a good part of the previous week's gain. But the report on carloadings (for the week ended Sept. 17) was as bullish as anyone had hoped for. It told of 85,478 more cars of freight moving on U. S. rails than during the week before, thus continuing the gain in railroad business which began in the middle of August. September loadings up to last week were down only 23.6% from last year against a drop of...

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