OCR Text |
Show CAR SHORTAGE MOST ACUTE OF ALL TIME l CHICAGO, Nov. 4 The present car shortage is the largest In history, I the Railway Age announced, basing tho statement on erports received ly tho car service division of tho American Amer-ican Railway association on October, 15. which show a net deficit of 152.034 earv The larpest previous shortage v;is reported on Sept ember i, 1,930, when 146.070 cars were said to be locking. "For first time in lt.s history" the Railway Age said, ' the country is confronted con-fronted nt the very beginning of a period of business revival not only with a shortage of transportation, but; with tho most acuto shortago thatj ever existed. There is only one remedy rem-edy for this situation, and thl Is the expansion of railroad facilities." Discussing the question whether in tho months Immediately ahead the car shortage will decline or lncr ns, tho Railway Age reaches tho conclusion con-clusion that It will increase. |