The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-11-16
Behind the
Ticker

INV WORM Reliable nsisish
adyiess as that plans sFs h~lnk
xarkea out wish Washington 10
Keep zpaia out - ths Waf
Spain had . Tad shsat rrvp
this yssf t.nnsion prumssed 200 600
Ton. q Australian grain. nsesuss
n shipping difficulties the promise
cant ~ made kecd Result An
urgent british dsmsnd for surplus
United states kfsln.
Exporters say that = deal =
being struck whereby Nsahsngton
all sughefiss the shipment ~
/ | 600 aoa isns shout 5000 600
bushels 81 wheat 10 spain Tns
transaction amounts % soms
30 600 600 less freight charge.
In the summer ~ tp1a. tho
sspoft.lmrari hank allowed spain
81. 800 600 ~ credits foe cotton
purchases Nothing cam. out 81
this credit that's Why rs ca
psc,sa that the hsnk siil extend
the crsdi, for wheat
increased Demand in all depart.
ments Second grade lndaHirials
and rails are bought in largest
volume Purchases are being made
on the theory that sxesss profits
tsNss and dividends cant DO paid
unless interest eoupoa obligations
are fully discharged
Copper The national defense
advisory commission 10 drawing
up a request that President Raases
welt lower thr four-c.nt per pound
import excise copper tar on the
metal taken out ~ American.
owned foreign mines The rate
will 10 lowered on q limited sip.
/ ply "a previously reported here
Hased on an average ~ the past
three monihs. next years domestic
consumption viii total about
800 600 tons This will br made
up % sS0.oo0 tons for ordinary
industrial demand ard s5o ooo tons
for national defense Domestic
copper production capacity u
under that flgufs.
Hsil. Rail executives aRres
that booming business under ths
stimulus ~ armament sxpendl.
lures. msans q continued uptrsnd
In freight traffic through ths nssl
nine 10 twelve months The fnlI
weight u shipments. however
isn't expected until rarly nsx,
year Affected BY higher main
tsnanes expenditures and tan
burdens. the 1910 fourth. quarter
earnings will run under those II
the 1880 like period. Hsils serving
Industrial areas. however. vii ran
contrary 20 the average
Reserves just about az year.
ago, OH trade authorities frs.ls
predicted that The earth. OIL sup
ply would be exhausted by 1910
Reliable estimates today are thai
hnown rse0ysrsbls reserve. are
good Tor fifteen years sne asu
pools are hing dlaeossr.d almost
daily.
Hsports Are That Cracker.
wnssisr hanBfaeiurtag's British
sar contract larger than combined
normal is5s-ss sales yolums
Southern Railway may .h0N 81 ~
share This year NJ Jos~pt
leads 1910 not prisat.lg .stimst.d
81 tszb share Byron Jack
son setiss on direct snd Indirect
national defense orders rs esnl
quarterly dividend n hold
Jones 4 i.siighlin prsfsrrsd held
because u large dividend sesuma.
lsiions. may peg l~eans. II "a,
business
Union Paelfic rallfaad ALI shoz
$3.50 share fsT 1910, chssa.
psaks a OHIO ALL shssw sbou'
~ 10 share Woodward Iron
1910 net placed - 1918 o. sstisi
Share for greater trading
appeal ihsfs's switching from
Aiiis.chalmsFs lnts g.usrai Motor.
~ T. GREEN'S 1870 net pri,
satsir estimated At 81 70 shsfs
Douglas sinE Sub contract
u Murray Cospssaiiga accounts
fof larger tfaaing fuiiseing
asN York csntrnfs 1910 mel
estimated ct 81 rs snare ktehi
son's 1910 asi placed ~ 81 20 ,
share for greater TRADING
zppssi tisss's se1shlns from
Kaufman Department store lnts
International Papsfs ard from
waldorf system into s;udsbsks'
an1. that Oh -csFltls. have
discounted worst boat in a9mss