Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-06-29
BUS|NESS.OUTLOOK
! DIFFERS GREATLY
Some Lines improving, While
Others Remain Far Be.
| hind 1929 Status.
Special Dispatch to The star.

special Dispatch to The Star.
NEW YORK, June 28.-Current indi-
cations of the trend in various divisions
of industry and trade are summarized
by the Standard Statistics Co. from its
flrst-of-the-month resume of the out
look for important lines, as follows:
Agricultural implementS-Net income
for the entire first half of the year will
make fair comparison with the like 1929
period.
Aircraft-An indications point to the
full year 1880 as a fundamentally Door
period for. the industry. Flying opera
tions, however, continue to increase,
Frightening the longer term outlook.
Apparel-There is little prospect for
q marked Improvement in prices or in
earnings of companies during the re-
mainder of the year.
Automobiles-For the year as q whole.
1t seems reasonable to estimate an aR-
gregate outturn at least 20 per cent
lower than for 1928.
Automobile parts-Aggregate profits
Tor the parts group in the full current
year will be materially below similar
returns last year
earnings, while promising to exceed
those of the like period last year, Will
not raise results for the full II mon. his
to 1929 levels.
Building-During the final six months,
especially after July, this years results
should provide a favorable comparison
with those of 1929.
Coal-Earnings Of both anthracite
ana bitumlnous producers for the next
the similar 1929 months.
Cotton-Average price in the next six
months will not be materially higher,
except possibly toward the end of the
year.
Electrical equipment-Results during
the second half OF 1890 are likely to fall
moderately below those for the corre-
spending 1929 period.
Farm products (grain)-There Is lit
tle reason for any sharp recovery in
wheat prices during the near future.
The outlook for corn is clouded by In
d1cations of larger yield for the COM
ing crop.
Office MISUNDERSTANDING of most
manufacturers should register improve
n1ent during the final half of the cur
1ent year.
Paper-Prof1ts of leading companies
Tor the full year will no doubt exceed
the generally disappointing returns of
1929.
Petroleum-Aggregate results in the
coming months should at least equal
those for the same interval in 1929.
Radlo-The outlook for the second
nall is uncertain, although involving
fewer difficulties than were encountered
during the past few months.
Railroads.&c. second half of this
year will show much smaller losses
than those reported for the first six
months
Railroad equipment-Orders recently
received and current acquisitions point
to sluggish operations IN the Septem-
Der quarter.
Retail trade-The appearance of any
marked expansion in trade before the
turn Of the year cannot be considered
a distinct possibility at this time.
Steel-Full 1880 returns of the steel
group as a whole cannot hope TO an
proach 1929 results.
Sugar-No material betterment in
the statistical position of this market il
in early prospect.
Theaters-Full-year profits in the az
gregate will reach unattained heights
Tobacco-The year should be one of
the most profitable for the snuff in
dustry.
Utilities term prospects re-
main favorable for electric light and
power companies. The long-term out
look for gas companiesis conspicuously
favorable Prospects for telephone and
telegraph companies during the coming
SIX months are closely dependent on
the extent to which general trade re-
covers.