Show 17 RAIL LOANS APPROVED Salt Lake Utah Awarded in I. I C. C C. C Consideration Washington July 13 1 New New ew loans loan to railroads of or the country amounting to approved cd today by tho Interstate tato commerce commission makInS' makInS makIng making mak mak- ing InS an on aggregate ts of or so far certified to the secretary of the treasury treas ury for tor payment out of or the tho revolving tun fund provided by the transportation transportation trans trans- actA act act- A loan lof of was approved for br forthe the tho Arant Aransas as Harbor Terminal railway for tor the reconstruction of or a a. considerable portion of or its lino between Aransas Pass and Port Aransas Tex Te which was damaged by a hurricane The reconstruction of or tho the road tho commission said will make mako available available avail avail- able ablo a portion which tho the United States Slates has expended several million dollars dollar and will vil afford a a. more direct and expeditious ex expeditious expeditious ex- ex rout for shipments of or oil all from Mexico upon which a large laro section see sec then tion of or is Increasingly ly depend depend- ent The Tho Carolina Ohio railway rail rail- railway way t was granted a loan lonn of or For the Bangor Ar railway rail rail- way a n loan lonn of or was approved The Tho commission pointed painted out that the road handles a n nel el very In largo large re-o re tonnage tonnaC of or orwood wood pulp which is manufactured Into news print paper and for which there Is la universal consumption The Tho Illinois Central railroad Is la to receive a a. loan of or for tor th th tb purchase of rolling stock The Tho Atchison Topeka k Santa Fe railroad Is band for tor the pur pur- chase of ot equipment Loans of or to the Chicago Burlington Quincy railroad and Utah railroad railroad rail rail- to tho the Salt Lake Lako approved Both of or road also were to enable purchase of at I th these se loans are aro additional equipment |