Fund for Liquidation of Obligations to be Increased As already reported last week! the N&R. and the UR. have met in nine months this year outstanding obligations to the extent of over $3,210,000, although their trafic has not well' develop large som has never bet met before by the two Railways in 30 short " spaes of time.
'Asa. step for' acedlerating the wuidation of its obligations" the NS.R. is proposing to the Ministry lof Railways to raise the percent. ge Of dally earnings set aside for IME Special' Heserve "Account from per Cent. to Th per cent. commencing from Ooteber "Thin ie made the end of this month of "a short term loan from the Bank of Com munications, to whom it has been repaying $25,000 per month since lash December. The proposed in-grease in percentage will be put into effect as soon a> it Is by the Ministry. a ved
Text read from the printed page and cleaned; old type leaves the occasional error.