The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-11-07
BUSINESS TREND
IS OUTLINED BY
MARKET SURVEY
Little Change Predicted in
Most Lines for Rest of
Year.

Current indications of the trend
in various divisions of industry and
trade are summarized by the Stand
ard Statistics Company of New
York from It's Nov. l resume of the
outlook for important lines as fol-
lows:
AGRICULTURAL MACHINERY - Full
those of 1929 and no material improve
ment can be looked for in months directly
ahead unless a worthwhile strengthening
OF commodity prices takes place.
ATRCRAFT-It is probable that another
burdensome carryover of finished craft will
be Witnessed at the close of the current
year. Volume Of business In the aero en-
CINE field has been relatively more salts
factory.
APPAREL Retail sales Of apparel have
been stimulated during the past month
by decided change in the weather.
.AUTOMOBILES-The entire year 1880
will prove less profitable. In the aggre-
gate, than any recent wear.
AUTOMOBILE PARTS-Outiook for the
fourth quarter indicates continuance Of
Scant profits. with some companies suf-
ferinR losses.
AUTOMOBILE TIRES Second half year
profits will be even smaller than those Of
the initial six months.
BUnDING-October'S rreditabIe show
viii probably be repeated during the next
two months.
CHEMICALS view of its position as
q leading supply trade. this industry
fundamental improvement in general in
dustrial conditions.
Coal Demand Slow
will have difficulty in covering operating
expenses and curtailment in consumers
purchasing power Will continue to re-
near future.
COPPER-At present well debated levels,
coverage through the first half Of 1891 is
favored.
coTToN-There seems no purpose in
covering needs beyond the spring of 1884,
ELECTRICAL EQUIPMENT - Sustained
improvement in this field must await gem
eral trade revival when 1t may be ex-
pected to register sharp increases in &C
FARM PRODUCTS Wheat prices viii
probably display more strength than
weakness during the near future. While
various factors probably will prevent "a
prices are iustiied i0"s"l"' ''NA'' WIN
FOOD PRODUCTS Cother than meat)--
Most of the prominent package food COM
panies are fairly well maintaining, If not
increasing their annual profits. Dairy
concerns are in strong position and i'm
provement is now Indicated for bread
bakers.
HOUSEHOLD. PRoDUcTs For the
group as a whole only sharply reduced
earnings are seen for 1880.
LEAD AND zINC-It is recommended
that industrial needs be covered only
through the early part OF 1881.
Radio Prospects Up
LEATHER-Third quarter earnings of
shoe manufacturers, while showing some
improvement over the second. VII, os con-
MACHINERY-Su improvement as may
be maintained in the near future Will be
only of minor proportions.
MEAT Earnings of packers
for the year ending around Nov, q VIII
be more satisfactory than appeared likely
earlier in the year.
OFFICE EOUIPMENT-Co Concerns which
distribute equipment largely on rental
basis. should make relatively satisfactory
shoWings
PAPER-No material Improvement over
present operations is in near term pros
pect.
PETROLEUM-The great majority of oil
companies can expect no material lmp YS1oIs
at least during the rest of the year.
RADIO-Earnings prospects for the final
quarter of the year are ReneIally MoI {
favorable than for any preceding perioo
in 1880.
ADS-Improvement in physical
condition of railroads in recent wears. VIII
enable many OF the stronger ROADS 70 sue
cessfully cope with the current tranic oe-
clines.
RAILROAD EQUIPMENT seems prob
able that most divisions of the equipment
industry will continue to experience re-
'RAYoNEReturns for this year will like
" fall some 40 per cent below. last year.
RETAIL TRADE--Both fourth quarter
and full year profits can not be expected
to make a satisfactory showing when con-
trasted with 1923 results.
Utilities OFF Slightly
RIJBBER-There seems no reason to ex-
nect sustained price recovery during the
balance Of this year.
SH1PPING-A high rate Of operations
should be witnessed in most ShipyardS
during the next several years
SILK-At current additionally low raw
silk levels coverage into the early part
of 1881 seems advisable now.
sTEEL-Little. If any, income. better
ment is in sight during the balance OF
the year
sUGAR-1t Is unlikely that refners
profits will increase greatly in the near
future.
THEATERS- of the present
quarter should make favorable comparison
with those of the like period of 1929.
Tobacco-It is expected that leading
cigarette producers will report record
breaking profits on the current years
operations.
UTILITIES Development possibilities of
both the electic and gas business have not
been fully exhausted and Will not be for
ephone companies for the full year. will
probably be slightly smaller than in 1929.
WOOL-Full years operations of most
producers viii result in little or no profit.