Show I. I C. C C. C Contingent Fund Amounts To Every Cent Tied Up WASHINGTON Aug 26 28 Associated Asso AISO- dated Press The Press The interstate commerce com com- merce nerce commission has in its Ita ts railroad contingent fund but is unable to use a cent of it at the thc pr present sent time This amount has been collected from prosperous roads earning more than thai 6 pur pir cent on their in investment In- In vestment under the of or the 1920 railway transportation act The money was Intended to be loaned to tu weaker roads but this has been barred barnd by Comptroller G General McCarl until imUl the tho commission commis lion sion fixes a valuation of or the railroads rail raU roads loads upon which the earnings tI atc are determined Under a tentative Valuation the money morley has been collected from the prosperous railroads but lu iu nearly neaily ev every ry ca case has been c n paid under McCarl ruled that none of 0 the money should be used pending a final valuation Since January 1 the the- commission hus has been busily engaged in valuation Lion tion work and the value of some of ot the roads Is 18 expected to be decided next winter As quickly as th the valuation o of Individual railroads M is hs completed any kny money they have pa paid d into the contingent fund Cund would be become ome available for less profitable roads The railway r transportation act provided Plo that all nil loa roads loaf f earning more than 6 G p per r cent must pay half ha of or the excess Into the contingent fun fund and keep th thO other half as a n fund until It equals 18 5 6 per percent percent percent cent of oC the railroads railroad's value Last year ear car went Into th the contingent fund but the commission commis sion slon docs does not expect that much this year eu |