Every evening, Wilmington daily commercial., 1921-04-30
FINANCIAL NOTES.

T'hp baltimore and ohio Railroad reports
co. Marrh nrt oporattug income ~ s2.3iS
uh4 an tncrcasr 90 ~ lsa .5ot For the first
HH"' HHs"'' ~ an An ,n9rrase % 81 81 81 ~ NJ aoe
tN ts understood unoniciaily that the presi
dents of fbr suhsdtar1 companies ~ the
lu Philadelphia nrNt Tuesday and that
fulluwln that mrcttug an announcefneut ~
wAEr reductions viii 'c madr
The automobile industry IS nov taking
ahnut prr cent ~ The current production
~ stvyi which iudtcatrs first tho real at.
titltN in motor aud passenger car business
hnd ssruud tine grneralN depressed con
altinu 1T tht steel trade where the heavier
tinra Arr WnNiuE hardlN at al
luapIud hN nu iucrgasing demand from
consumer and prospect that the issue
hntWoen thc allies and Germany may soon
hs Wftlrd distinctly better fcrliug mas
artru n Tho .nppcr lead zinc and TN mar
journal rriCre have d~n tended 90 higher
nsuft, ant Z uoN ~rcms unitkelN that thc
Demand erupfaIlN t. for small touuaEr> for
pFaHpt tftlENtfA hut IL is Vel dt~fri ihutrd
niftetars - th, R,thlehrm steel corpora
tlau dttRnd lht r,Fular dnar rirriA dl' 'dends
uu htth CLASSES af preferred and common
sHHsks t'fpsidrut u d GRACE stated that
tHt dividend ou tHc common stock had hcen
a.t tUI tN## IH. ttlul ~ orders on thr COM
I#uk s hnuts A- af March 30 amounted 20
sIN0slaaa as peaiust sttS ono 900 IN
tAUIatnt,tf I. arrnuutesi fo~ hN tho progress
teaarf completion nf ~htptuildine contracts
~ nrN business in ship construction having
,ha.N, 81 ~rhvah Was hi, usual optimis
Fl. fif lu hI- atdrf~~ 'tefArc thc bnmbcr 81
4 .ttftrrc, far the State ~ \ew Nork YES
f..lat Nlr ~chwah iutimated that nc
h.Hlttd GIG Worst had hccn seon il he
ttaI .ud.sfns N.- declaration that inc
in.tl etat,. faet, q possible era 81 pros
ptftE1 1.ffrHttI THAN that cvrr known IN the
Net.#t - tht country was recctNed with
t.HUI Itm and There wcr, statd and con
4 ID u d
hIt ~.hwah that Nth tnt settlement ~ tho
HHa ureticm industry here would auarNrn
-npt#I If ihrrr arr friends ~ Nj Schwah
Wbo ,sR char hr Is part Icularly optimistic
on thc stocks - his own companies
ttrnerai Motors COrparaflon announces tho
resignation ot u COLLINS a. President and
$50 which vas rendered January l4 has
I II Rlcc formerly treasurer AMI now a
Rle.. president ~ Gca rai Motors tas hecn
aupniufcd Flrrtssi ~ Mr. Collins and
vIil take chars, 2. cadillac IN the near
nasiness on ~, o-ter books of the Bethle-
hrm steel Corporation af the end 81 March
fatsIrd $40 600 opu ~hirb Wa s38 600 600
l..s tfan 80 the beginning 81 The year The
shIuhUUdInF contracts are working OF fast
VIII IftIlt new Work 20 takc their place
SHOW iupre,ournt say HUGHES 4 Dier
anI solution - the many perpleXing prob
i nss uas he laokt1 for within thc next feW
nauths r-perialN a. I'M admini-tTatlon
l. Washington rnFnilaut u the serious
mess ~ fne situation
-tuaeh4her madr new high for this
movement Floor advices indicate that FOR
fau HaNe a group that purchased large
tHnnfffics 90 ftl- sipch much under tns
lrtsent marhcf haze Hs.eu SELLERS Talk o.
al Increased dividend and ~ the entry o'
nrW nrrsuualltlrs lutu the directorate at tn
nitfIIur tomorrow are SAID IN Well-tnfOrmeC
DuarteFs "a he without foundation
Tho nauiumeuf stocks we're taken IN hanC
Yesterday American Locomotive bclng thi
outstanding feature ~ strength IN this
frnur Tho movement was based on th'
STRONG financial position ~ the company
in one quarter lt D. pntntec out today tba
Ne last report showed current assets q
ese 600 GOO aaaIuri the total capital o
$50 al0 nnu ltafIuA auls 81 600 900 as tn
value ~ me physical assets lhcse latte
ARE "a rricd on the palaurc sheet az 50 200
uuU There arc no bonds The manage
ftrrt Inug haH refused 70 countenauce an
speculative pool operations and u D IN
lkrle ftis o.. cg VIII 80 changed