New Britain herald., 1930-03-24
BARNES OUTLINES
 BUSINESS REPORTS
Continued From First Page)
port were as follows:

port were as follows:
 Bond issues for January and February were found to be 3S per cent larger than in the same period Of last year with prices trending up- ward and interest rates lower than q year ago.
 The general outlook in the invest n1ent field was termed favorable, but the statement was added that bankers continue warnings against artificial stimulation
 A general casing Of bank credits was reported as making it's way to the smaller centers. The total of bank loans was found to be increas- ing. although it was slightly less than a year ago.
 New York savings bank deposits are showing q steady net increase, substantially greater than last years corresponding period, the report said, adding that some districts else where show moderate increases over last year and in others, declines have been noted.
 Life Insurance Gain A three per cent gain in life in- surance in February as compared with the same month last year was reported. together with marked l increase" in the receipts of building and loan associations. A slight in crease in farm loans and a marked | decrease i'll farm lean delinquencles and foreclosures as compared with last year was shown in the report, | with funds for good farm loans stated to be reasonably available 1 The total of expenditures con- templated by public utilities for new 1 equipment and new construction was 1 set at sS.250, ,OOO.0 as compared with s2, S63, 100000 last year. Other private construction was reported at l least as high as last year. | Continued signs of improvement were noted in the construction in dustrirs except the field of rcsiden- tial building. Contracts awarded in the week ending March 14 were set at $1G5. GOO, the largest weekly total in eight weeks.
 The construction program of the railroads, involving an expenditure of S1.O5G.0U0.U00 for the year was said to be obviously well under way" Carloadjncs were found about SIX per cent off so far this year, all though merchandise moving into
 consumption was said to be only three per cent under last year. A slight decrease was found in the total of cnploycs of class A rail-
 roads but the payroll total for Feb ruary was somewhat higher than for the same month last year.
 Electric Roads Plans
 Tho total of the years content
 plated capital expenditures by cleo
 tric r1ilor&ds was set at sl47,000,-
 no0 as against SOS, Ooo0o0 last year. This program was said 10 be well in
 progr, ss.
 A decreased total tonnage carried
 va reported Ly the shipping indus try, while shpyards were employing  ,2S DOT cent more men in February IoC this year than in February, 1922. land ten per cent more than in No
 vcmber. 1929. The yards had con
 tracts fer total Of S95, .0o0 in
 merchant vessels and $32,oQ0,O90 in naval vessels.
 1"lenhcnc construction cADendi- lures were reported , per cent
 greater in January this year than in tho corresponding month of 1929. with a good start made on a capi- ? tal cNncnditure program Of s7o0,-
 hno, ,ooo contemplated for tho year The total last year was SG%%,n"0, ,0no . Electrlc light and powor utilities reported q capitol expenditure pro gram for the year Of $SG5.ooo,oGo, q total SG5. .o00.0r0 moro than las, y"@r Two per cent more electricity . was produced in th" first half ot
 March han in tho corresponding . p"~od of 1929.
 Ti E1s co-'mny r""#'rrr:ior program Was set at S1o0oOU,o oUO