Evening star., 1932-12-10

problems Awaiting Solution.
: For the immediate future, says the
Guaranty Trust Co.'S survey, interest
.centers on the possibility of strength
ening of economic fundamentals
through international action on arma-
ments, war debts, trade barriers, mon
etary stabilization, and the other
questions that have been created or
aggravated by the world depression.
The outlook regarding trade barriers
and monetary stabilization is more OBJ
,Scure, although the subjects are sure
to be brought up at the international
economic conference tentatively sched-
uled for the early part of next year.
II the Winter brings genuine progress
toward the solution of these problems,
together with a maintenance and con-
solidation Of the ground gained in the
last few months, the business COM
munity as whole will be well satisfied;
for the fulfillment of these conditions
will indicate that the strongest possible
foundation has been laid for a new
economic structure to superSede the one
that has crumbled so badly in the last
few years. The Spring season may be
regarded as logical starting point for
the sound recovery that should follow,
the bank declares.
Car Loadings In Sharp Rise.
The Railway Age publishes statistics
In an editorial in its current issue
showing that, as measured by freight
car loadlngS, the improvement in gen.
eral business continued to be marked
Throughout November as it was during
September and october. Its statistics
compare car loadings in July with
loadings in the Fall months during the
last eight years, and show that the
trend of freight movement has been
more favorable in the latter part of
1882 than in any of the previous seven
years.
In the five years ending with 1929
weekly loadings in September averaged
10.8 per cent more than in July, while
in September, 1882, they averaged 17.4
per cent more than in July" says the
: Railway Age. These figures show that
a marked improvement in the trend of
loadings began in September, and, OF
course, indicate corresponding i'm
provement in the trend of general busi-
ness. In the five prosperous years load
ingS in October averaged 1877 per cent
more than in July, while in october,
1882, they averaged 1922 per cent more
than in July. In the five prosperous
years weekly loadings in November
averaged IL per cent less than in July,
while in 1882 they averaged 148 per
cent more tnan IN July.
Comparisons of the figures for the
Fall months of 1882 with those for the
Fall months of 1880 and 1881 illustrate
with equal force the favorable trend
Of car loadings that has prevailed since
August, 1882.
Heard in Financial District.
Great Atlantic & Pacific Tea Co. es-
Inmates sales for four weeks ended No
vember 26, 1882, at $62 ,848, ,653, COM
pairing with $74,705, ,685 in like period of
1881, a decrease of S11 ,857.032, or 1873
per cent. Tonnage sales for the four
week period are estimated at 395,275
tons, against 418,777 tons in the 1881
period, a decrease of 23,502 tons, or Sc
per cert.
The Graymur Corporation, which has
a good many Washington shareholders,
has declared the regular quarterly divi-
dend Of 25 cents, payable January 2 to
stock of record December 16.
Claude Neon Electrical Products Cor
poration has declared the regular quar-
terly dividends of rs cents on the COM
mon and IS cents on the preferred
stocks. both payable January to stock
of record December 20.
The New York Stock Exchange has
received notice from Childs Co, of pro-
posed reduction In capital represented
by sNnmon stock from $26.54 to 81 a