Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-09-08
STRENGTH ALSO SHOWN
IN STANDARD OIL SHARES
Chesapeake and Ohio State
mcnt for July Shows Gross
for Month :, S6,474,000.
COAL CAR LOtDINGs SHOW GAIN
Continental Can Onidiruls Sisy the
CUmpRny's Husincss for August
WINS the Largest for Amy Month
on Record.
COAL CAR LoApINGs SHOW GAIN
lIy ". J.. IiBrnIIIn.

Written for the United Ncws.1
sGw YORK. Sept. stock trod-
ing today was only moderate. but
new high records for the year wcr.
mads In n number Of shares including
Continental Can. American Can, Con-
solida,cd Gas. Norfolk and western.
Pullman. Strength was also shown
in Standard OH shares. ST. Paul
preferred. Rock Island. Now York
Central. Mexican Petroleum wa,
down ut one time four points from
tho days high on rumors tina,
Standard OH had abandoned all
further development work in It's
South Mexican field.
Call money moaned again nj
per cent but the bankH renewed four
and six months money ut fromtl-2
70 45-4 per cent
Coal Chr Landings Gain.
LoadinS5 81 coal cars for las1
Monday. Labor Day. were given out
today az lo,o2i. with the ngures for
tho following day At 3s.os5. tho
largest since tho strike began. April
j. ana around tho average for March
or when production was stimulated
In Anticipation Of tho strike
Chesapeake and Ohio. which has
been reporting very large earnings
from operations in tho nonunion coal
nelds did not do "a we'll In July, to-
days statement showing gross for
tho month al ts.t74.0oo. down Vi
$4,000 against last ynar with net
operating income at 100000. an
increas" OF sl5G.h0n
August copper sales. domestic and
export, were given out today as
loo.oNo.ooo pounds. against l25. 600
600 for July.
Canadian Pacific Advances.
Canadian Pacific. Pullman and
Consolidated Gas were we'll Nni,-h,
during tho early Grading. Canadian
Pacific closing NJ l3sb-S. sold no.
fore the end OF tho nrst half hour
NJ lts; Pullman closing ut 1870. scld
during the same time a, l3a3.j.
ConSolidated Gas closing at IiO7-S
advanced 10 1872 Tho answer Is
that shrewd traders feeling TIM, tho
market had again turned upward
we're looking for something good 10
BUY, which was out Of lin" with
other shares. steel common. FOR in
Stancr, which pays per cent divl-
lends, aud closed At lO33-;. Of
erred an income return OF only s.
Per cent, hut at the closing price,
consolidated Gas paving per cen;
offered almost 8 Pullman paving 9
per cent offered G2 per cent; Cana
dian Pacific paving 10 per cen, of
Tered IS. Moreover, all three Of thu
companies whnF" shares wcr. VOL
bcushr TO-DAY nav" br!Eh. earning
prospects. Wall street hears thu,
even on the present volume Of bust
ness Pullman IL earning Its dividend
rom It's freight aud passenger car
building department. to say nothing
or the revenue received from tho
Tynt on it's sleeping cars.
sales az :. iir.sge FIR Angus,
were si.i22.oOp. an increase over
last year 81 ISIS per cent For ,he
eight months sales were s86.sol ooo
a gain OF 1873 per cent.
New Record for Bu,inrs-,
Continental Can officials Eay thai.
the company's business for Angus,
was the largest for any month on
record, with the returns for the full
year promising 10 make a new h,rS
record. II is predicted that the wear
WI! show : per cent for the pre.
'erred shares, and from 20 TO c5 per
cent for tho common stock.
With tho coal strikes settled and
with honschoidArs and manufsc
;urers having delayed orders, be-
G!ng for fuel. freight car loading
OF the railroads are likely to show
very heavy gains from now on nm
VII the peak OF the autumn. There
wSs gain OF S4.s1o In freight chr
ioadinrs for the week ending An
gust % to ssd.s3S. the American
hallway Association reports TO-DAY
,he figure last named being tho
largest for any week since October
.H2l. or Mt the peak of last years
rafnc movement. Compared with
the same week OF 1921 this IL q gain
OIL el'H5b cars. but contrasted with
is5o there was decrease Of no
40 cars. Coal car loadings for tn.
Week covered we're lll,o3n, a gain
over the previous week Of 2g.o7l. bur
loss contrasted with last wear nj
4s'ts"' Within very few weeks
inc hEnres Of coal loadings will he
slowing gains over last year. an
win the supply of coal Increased
manufacturers will increase tho
treishf offered the railroads. both
\ coming and going.