Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-08-31
CIGARETTE PRODUCTION
INCREASES Is PER CENT
Report for July Shows 5,2l2,-
707,775 Over Same Pc
Rod Last Year.
INDICATES TREND OF BUSINESS
statement OF American Agricultural
chemical Company Reveals Farms
rrs Did Not Buy nv Much Fertilizer
ns Two icnrs Ago.
INDICATES TREND OF BUSINESS
by II. L.. Darnutn.

"1N boikN. aug. 3O.--Opcnlng
7. higher the stock market continued
aus upward price movement until late
in the day. when some profit taking
and short selling appeared. especial
,eiy In the steel shares. 1t was wide
r'repor,ed that the Federal Trade
commission would bring out an adj
&Nersc decision on tho proposed
mergers OF tho Independent steel
companies. AZ Acknowledgement
= DauBherty. however. has already put
his approval on these consultations
~ is difficult To see what practical
effect any unfavorabIc report by tn.
Federal Trade Commission would
lave. In tho Immediate future AT anv
2 tate.
An advance late In the dag In call
Sinoney also had It's effect on the
'stock market. The opening rate was
) j.! per cont. Then there was an
Sdvance To and then 10 4l-2 on end
OF the month requirements.
s3.3O0,ooo Gold Arrives.
There was S730O.000 gold aboard
inc Olympic. which has jus, locked
Jesse LIvcrmore was one OF III. $40
1rst cabin passengers. James r..
tar5cn. president of the First Ma
Z 5t.@na' Bank OF Chicago. was another.
I.ivermorc vent on out 10 his summer
hons At Greenwich, Conn. He is eN-
pected at his Office. III Broadway. to-
morrow. Those close 10 I.ivermorc.
who Is by far the largest and the
Siost successful trader in the market
today, say that he returned hullish
on tho market
cipar,,,n ,rI i ,.,
A,brow some I,rb, 40 "a -,
general hnst,.. ~. III
ton Of cigarettes On rc,,,,, -.
hers 5o,S7oT a..
Sor cent OVER ~, sue ar,a'd
year and rain M "a 49,, -,
1870 cigar nroauc,,n, 70. IL.
.sssEs7. 900 '"r 'ui! "as
8,ver 1927 I'm, :, 1err,,,. 20 :, -
&,.n, co,n,rod lii ,..n
SynryhoJy va. .,T, -. ~ "neh
81; paul. .,rni,rs ,nr I't, 80
1ished today chow bst,.y 80,
Business bnsca on hnmn., 80. 80
2 YsHuun,Ion az c.n,.r ,,,G,,t, -
was 5loCsi cO0 av,in., l,Io ~ onn
vear svo win ~, x9g,, oo
against 81 o,i oo0 f,- ,.S, -, =
seven ',uontbs rro.s w,nv ,S,st, 400
against s!asc7, 900 vim ne, saa5,
1000. axainst an on.r,ttnr dc6cIr fnr
sthe same months Of 1921 q, 7taooo
and a deficit for Tho ~, 49,,
months Of 1920 q, 10000 600
Z carneci. Ste., Ma ,nc-na,.,
+ &c empIoycs In tho riv.r ,ran.,'a 90
zion end Of IN. business IN 49, 49,,
|. crectivc at tho bcuInnIuv a., ,Lis
week
Fertilizer SALE. c,u
l. Bonds and notes c,ll.d fo- ,.v
ment mex, month before r,,nri,v.
aggregate slls"75 ooc ,v,tn., ,.c
7.5,oGO this month ana onIv scse
F.! 600 for September NJ Iast ye,r 1rhr.s
companies have Nor conf notes
which Will he paid. of 10 the amount
of s25. 200. goo each. Consolidated
Gas, Humble oil and the New York
Central
Farmers did no, brv AS mucb for.
I iiizer last yeur as Two ears ,yn
~, thoy did buy CONSIDERABLY NOR
than n year ago. according Ia Tho IN
Eunl report OF the American Ayri
Culrural Chemical Companv for ~.
twelve months. ended June 40 1870
issued today. The company vim a..
Nifty plants located at various narts
OF tho country reports fo, INC vcar
5us, closed total net income of e.
234,0o0. against only sl.sia.OOo for
1871 After nayment of denrcci,,;n,
14snd interest there was n deaci, last
Year of sI.l24.OoO. against n d.rci,
5A,r 1927 OF tIl,l5S. 600, ana sIrnI,,s
fIor 1920 Of s5.2Sl 900. cash a, ,bn
close OF the year was Soase ooo
agains, s4,l3OO0O FOR 1921. account.
receivable were slS.sso.OO0 apains,
were slS,1oG.00o. against ,l7o0o ooo
inventories were 3l3.3ls.ooo a.nins,
1888, 900: notes uayable wcra e..
SOC. 900. against sl55"p ooo NOT, 80,
loss surplus was sl.5i5.0 400 ava;ns,
s3,s60. 00e. for 1921 and .lsIo5 0Oo ri
the 'ciose Of 1920.
Soft Coal Shipmcnt. Ipcrcu..
Loaded freight cars for the week