OCR Text |
Show $5,700,000 LOANED U. 5. RAILROADS WASHINGTON, March 26. The first loans tc railroads on security of certificates certifi-cates of indebtedness Issued by the railroad rail-road administration wefe made today by the war finance board to an aggregate of about 15,700,000. The Chicago, Burlington Burling-ton & Quincy got about $4,000,000, the Western Maryland $931,000 and the Chesapeake Chesa-peake & Ohio $800,000. i Arrangements for making advances to railroads to meet their April 1 requirements require-ments have been completed. It was announced an-nounced today by the finance corporation. corpora-tion. The form of certificate of indebtedness to be given by the railroad administration administra-tion and In turn offered the war finance corporation as collateral has now been finally approved. |