Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-05

full wear will be materially under even
the unsatisfactory 1880 results.
Railroads.&c. Is believed that by Au-
tumn a somewhat more than normal
seasonal gain will be experienced from
the prevailing low plane, but 1t Is too
much to expect gross or net revenues
to be modified for the better before the
final months Of 1881.
Railroad equipment-With the eX-
ception of companies in the signal and
car leasing fields, profits for the IN
dustry will be drastically curtailed for
the year.
Rayon-Prospects are that both out
put and takings during the final six
months will be above the levels OF
year ago, but because of the price
situation. profitable operations for most
companies arc not likely.
Retail Prospects.
Retail trade-Expanding business and
a greater degree of stability in price
structures, as well as fuller Dement'S
from efforts to maintain expenses at a
minimum. should allow more satisfac-
tory earnings in this division during
| the final six months of 1881.
Shipping-Only moderate relative
improvement may be expected IN either
| coastal or foreign freight and passen-
ger movement during the balance OF
1881. Profits of the larger shipyards
along the Atlantic are being maintained
close to a parity with those witnessed
| last year.
Saskatchewan the present statistical
position in the silk goods industry shows
some improvement, most concerns Will
| probably be unable to avoid at least
moderate deficits for the full year 1881.
| Steel-For the trade as whole. q
| favorable comparison of earnings with
those of 1880 is unlikely before the
final quarter of tbis year at the earliest.
Sugar-It is expected that the bene-
| fetal effects Of the Chadbourne plan
will become increasingly apparent dur
ing the final six months of this year. .
TheaterS-The early future trend OF
earnings will follow attendance rather
closely, but because of the substantial
economizing programs which have been
instituted a proportionately greater gain
in income should be forthcoming with
the next upturn in attendance.
Cigarette Net Larger.
Tobacco-It Is estimated that the re-
cent wholesale price increase will result
in an advance in full year 1881 income
of the cigarette trade as a whole OF at
least 10 per cent, as compared with
1SoU. A661C6QVC AA4NOAAS Va NAAS ~@o~~
trade will probably be sharply lower
than the 1880 total. In the snuff di-
vision profits will approximate those of
last year. Manufactured tobacco sales
and earnings will likewise probably be
close to the 1880 amounts.
Utilities--For the full year 1891 net
income of the electric utilities should be
but slightly below the satisfactory levels
recorded last year.
Income of telephone companies for
the full year should slightly exceed the
1880 record. Present outlook for the
telegraph business indicates that rev.
enues are now at about their lowest ebb
| and that the resumption Of business
activity on broader scale will bring
| an Autumn improvement.
improvement Is not expected for trac-
| ton enterprises during the coming
Summer months.
It Is probable that moderate gains
will be reported by manufactured gas
companies in the Fall, somewhat inn
proving the general showing for the
year.
Wool-Profit margins of manufact-
urers are expected to remain unsatis-
factory during the remainder of the
| year.