Evening Star Newspaper, October 19, 1930, Page 77

FINANCIAL., - CURB SHARES DROP INACTIVE MARKET Most Losses Only Fractional, but New Lows Are . Tampa Electric rallied a Industrials and specialties were soft, ential changes ap- eased, with Humble nukl.n; n new Gulf dropped 2 and ‘Vacuum nd Cosden about, 115. The re- Standard of Indiana and g:iu Berrlee amounted to only % at Dnnrlel‘er Financial moved against of the investment trusts, ad- nncln; a point. NEW YORK BANK STOCKS NEW YORK, October 18 (Special).— Bank stocks and shares oft States, 2% Central Hanover, 273, off 15; Chlt- ham Phenix, 88, off 4; National cny, 120, off 1; Continental, 19, off %; Em- ;r\:n:'l off 3; Guaranty, 516, off S'I 39, off 1%; Manufacturers, 64, off 3; New York Trust, 195, off 6; Pub- lic, 75, off 6; Brooklyn'rnut,ou off 15; Chase, 112, off 3%; Chelsea, 23, off Chemical, 1%; Corn Ex- 295, and First National ‘The Federal Government owns 160,- 000,000 acres of forest lands. STOCKS NOW SELLING 14 TIMES EARNINGS Special Dispatch to The Star. NEW YORK, ch’:-r 18.—The re- pressi this' contention. In 1921, Junes saw a heavy liqu considered it was found that 22 leading stocks sold at an average of 14.5 times earnings; using the best estimates of 1930 umlnn avilable, these stocks are uum. for approximitely 14.3 times . While some revision of the -mmp estimates is probable,” the Review concludes, “the best known in- vestment stocks are not likely to de- cline to a ten times earnings ratio.” S KNITTING MILLS SHOW INCREASE IN EARNNGS | Special Dispatch to The Star. NEW YORK, October 18.—The Jantzen Knitting Mills for the ended August 31, 1930, show almg: of $6909,156, equal, after preferred divi- dends of $41,664, to $6.57 a share on 100,000 common shares now outstand- ing, against $6.10 a share in 1929, $4.65 a share in 1928 and $1.92 a share in 1927, based on the same capitaliza- tion. Net earnings for the fiscal year Jjust closed exceeded earnings of any year in the company’s his- Sales for the past fiscal year totaled $4,753,203, an increase of $649,790, or 15.8 per cent, over the previous year. Sales volume of suit sales for the past year totaled 1,587,338, an increase of 333,782 suits, or 26.6 per cent, over the 1,253,556 suits sold in the 1929 fiscal year, MAINE TOPS LIST. According to a recent survey of busi- ness and crop ccaditions in 24 States, Maine stands out as the only State in | the group in which general condmamI are not only satisfactory. but for the | :fll‘l'“mfl equal to levels prevailing Total number of lhll’l. wold Same period a vear ago ——ipse— High 8 L3 6 bt 6 THE . SUNDAY STAR, WASHINGTON, D. C. 24.300 Aero Underwriters Aftiliated Prod (1.60) Agfa Ansco pf.... Afnsworth Mfg ($2%) Alr Inv Ine. vte. ... Ala Great Southern lfl) Alabama Power pf (6).. 102 Ala Pwr cum pf (7).... i i All All Allegheny Gas Corp. Allled Mills. Inc(60e). Allison Drug Strs A. Allison Drug Strs B. Aluminum Co of Am. Alum Co Am pf (6) Alum Ltd cum pf Amer Austin Car Am Book (7).. Am Brit & Cont. Am Cigar Co. Am Cit P&L A Am Cit P&L(B) (b Am Cmwlith P A(b10%). 18% Am Comwlith Pw B b10% S’n Am Cyanamid (B). Am Donl Stores. Am Dis Tel, NJ ev pf(7) lll Am Equit! 10% Am ForP: Am Gas & El (31) Ga Am Inv, Inc, wi Am Lt & Trac (2%) Am Maracaibo. .. Am Mathis (B) w. Am Meter (new). Am Natural Ga Am Phenix Corp (3 ‘Am Public Service pt(1) AmStPSA (1.60). Am Superpower-. .. Am Superpwr 1st pf(6). Am Superpo pf (6). ... Am Transformer (1.40). Am Ut&Gen B vte (40¢). Anchor Post F (b10%). . Anglo-Chilean Nit. . Appalachian Ga Apponaug Co (2) Arcturus Radio Tub. Ariz Com Mining.. Arizona Globe Cop. Arizona Powe: Ark Nat Gas. Ark Nat Gas A. Ark N G cm pt (000). Art Metal Works. . As30 Dyeing & Ptg..... Asso Eiec 1nd (30¢).... Asso Gas & Electric. ... Ass0 G & E A (a12.40).. Asso G & E deb rts. Asso Gas & lloonu(l) 20 95 20 16% 9% 92 13 6% 28% 28 3% Postal receipts, power km -nd m in the District lut. mon! Check transactions and retail trade lhowed declines from last year, but Tevealed increases over the previous month. The sales of eight reporting department stores here last month lmounbed to nearly 4 per cent below the levels of the same month of last ® much better showing then the record for the whole fif:h Federal Reserve !0‘!‘ dhulc} where the declinc amounted to an average of 9.4 per cent, and better fae reccrd for the couniry as a whole in September, which showed a acune of 7 por cent from Jast year. In Washis the retail mde here for the first nin: months was but 1.5 per cent below same of 1 Postal receip.s here iast mcnih amounted to $4928: tnmnc of T per cent over the same month of lasi year. msepmberwulunm'eu ahead of that for August, this year. Power consumption here lnt month amounted to 25,266,208, as gth 21,269,328 for Scptember of last year. The total also was ahead this year. mu;suu tele) in service here last month, as 2ctions pared with mesa 938 for Espi=mber of “vas ot vl that fof Auguet, tisly ear. CLUIHSK TRANSACGTIONS TATHINCION CI.EAziaNX? HOUSE $117,07,963 $114,408,832 103.343.052 13; 495,524 0,442 1,990 l"l llfl.l'm 120,019,886 120,850,495 1. 1402 120.’30.“9 127,516,336 108,600,949 114,273,668 103,580,305 107, 104,579,350 113,117,412 116,851,774 137,660,693 114.264,134 122,706,244 123,581,252 129,981,412 1930. | 'lll.flfl.fl“ i 96,545,21. 118,036,652 113,055,037 116,280,346 109,420,638 Siasssst 137,968,284 120,261,737 116,074,630 TAl. RECEIPTS Czzorted by Fiscal Years °927-28. 1023-29. $333.568.16 £391,428.44 397,509.26 412,757 .44 476, 466 0. 506,96 53104011 687,795.65 4734 /47351 466,626.95 527,486.19 506,543.44 470,110.35 35 1929-30. $425,262.75 Totals .......... $5860,378.15 $5886,415.57 $6,048,525.38 $400,232.72 KILOWATT HOUR OUTPUT FOR DISTRICT PO’I‘OHAC ll-lc‘l’llc POWER CO. 1929. 22,016,010 20,009,602 21,520,790 21 011 318 21."17 1953 21,182,306 21,180,690 21,269,828 21,899,856 23,549,201 19,030,145 20, u:.zu 24,678,737 TELEPHONB SERVICE IN DISTRICT CHESAPEAKE & POTOMAC TELEPHONE CO. Number of Telephones in Service 1928. 1930. 18,655,125 18,479,857 18,472,095 1930. 159,708 10013 0.946 163773 | 162,125 | 161,961 162,108 162,396 | 163736 | 143,585 150,360 ‘Average Originating Calls Per Day. 1927, 870,953 " *Beasonal decrease due to vacation period. SALES INDEX OF DEPARTMENT STORES DISTRICT OF COLUMBIA. Average Monthly Sales 1923==100. 1927, 1928. 4 2% 1% 3 184 40 118% 2% Aviation Securities. . ... Axton FT. A 13.30).... Babcox & Wileox (19).. Blue Ridge Corp (40¢) . Blue Ridge ev pf (ad).. Boston & Albany (8%). Bourjois, Inc. ....... Brazil Trac & Lt (b8%). Bridgeport Mach (25¢). Brillo Mfg (30¢)....... Brit Am To B 1.17 8-10c. Buckeye Pipe Line (4). . Buffalo, N&EEP pf(1.60) Bulova W v pf (3%4)... Bureo, inc ev pf (I)'. Burma Corp, rets (13! 1&) Butler Brothers (300)... Cent Pub Sve A (a1.75) . Cent States El(k40¢c). .. Cent States Elec (war). Cent Sts El cv pf n(a6). Cent States £l pf(6)xw. Centrifugal Pipe (60c) . 23 Chain Stor Development 9% Chain Stores Stock..... 22% Charis Corp (13). lm Chat Ph Alnv (50¢).... 17% 119% Cheesborough Mfg t5% . )l”u 22% Cities Service(g30c). 88 Cities Bervice pt (6). 7% Cities Ser pf B (.60).... 82 Cities Serv. B.B.pt(8)... 84% Citles Serv P& Lt pf(6) 89% 48 Clev Elec-Illum (1.60).. 49% 7% Cleveland Tractor 1.60.. 9% 3 Colombia Syndicate. ... Y 2% Colon Oll..... 3w 5% Columbia Oil lQ‘l vu. 24 Columbia Pict (£1%) 27% Colum Pict vte (f1%). 234 Com’'with Edison (8) 2% Comwlith & Sou (war).. 8% Comm Wat Servbé%.. % Comstock Tunnel. . 10 Consolidated Aircraft.. 2 Consohdated Copper. 7 Consol Dairy Product: 90% Con Gas of Baito (3.60). msu 17 Consol Gas Util A(2.30). 19% 10 Consol Laundries(1) 14 5% Consol Retail Stores. 3 Consol Royal O11(50¢). . 1% Consol Theaters. ... 101% Contl Gas & El pr D!(") . lflth 10% Contl Chicago Corp. . 26% Cooper Bessemer (2) 37% Cooper Bess pfA(3).... 4 Copeland Prod Inc A... 4% Cord Corp 17% Corp l‘c\ll’o‘ Chl (bl%) 8% 83 5% 18% 84 % Cresson Consol (4c). 9% Crocker Wheeler .. 10 Cross & Black pf3%)... % Crown Cen Petrol . 8% Crown Cork Intl A ((1). & Cuban Cane pr opt war. 29% Cumbel: P L(118) 16 Cuneo Press (2%). % Curtiss Wright war. % Cusi Mex Mininx. . 6% Darby Petrolm new (l) 11 Davenport Hos (2). . 2% Dayton Airplane & Eng 58% Deere & Co (m1.20) 25 % 4% Derby U1l & Refin. .. 2% Detroft Alrcraft Cor. 14 Diamond Match (new).. 24% Dia Match cu pf (new).. 10 Dix Gas & Utllities. 12% Douglas Afrcraft 49 Dow Chemical (). . 31 Dres (s R) I'[AII’A) 28 Dresser Mfg (B) (2).... 35 Driver Harris (new)... 2 Dubilier C & Radio 128 Duke Power (j15)... 6 Duquesne Gas Corpw.i.. 1% Durant Motors. ... 2 Duval Tex. Sul w.i. 22 East G & Fuel Asso. 5 40% 28 42 3 5% Eisler Electric Corp.... 50% Elec Bond & Share (b6) 91% Elec Bond&Sh cu pf (5) 103% E) Bond & Sh of (6). 5% Elec Pow Asso (1) Rlec Shareholding lfl) Eled Sharehold pF(as) n... ‘WEEK ENDING OCTOBER 18, 1930. tast Weex This Year 3,080,800 187,632,345 8.3 380,907,705 Net Close. Chss + 1% - 1% +2 10 1% - & TEE 22 EEABEZERE L AR B &5 E R HP Y 5 SR “esPeeiCs e xessrs - FEFE o $s ses"wssdePFrsssas? LARENE ANE SRR J - - FF FEEF EF 14 1t seefe? rrs2PF *#1 1 - ¥ +. - “reds"x x +01000 USRI} 11+ L ¢ S & wulan FRe" PES¥ 1440 141 s"sBe srersex w2 FUHTILILIU40 R o - 8 e~ Fe23 5 228¥s » xe¥is | T+14+ ++1 +0 | piBeeala " PSR PR weal $V¥iF Fr vxls sax Y ¢ and dividend. h-lyn Ra!uu"). Engineers Go Bureka PIMLIIM(O) Europe Elec, Ltd A (606) Euro Elec. Ltd deb rts. Evans Wall Lead. Fabrics Fintsh. Federated Capital Ferro Enam A(14%). Financlal Iivest N Y Firemen's Fd Ins (5 Flintcote Co A(1%) Florida P & L pf(7) Ford Mot, Can A (1 ). Ford Mot, Can B(t13%). 6% Ford Mot, France (28¢). Ford Mot, Ltd (37%¢).. Foremost D P pf (1.60). Foundation For Shs. Fox TheatersClassa. ... Franklin Mfg Co pf (7). Garlock Pack (1.30) General Aviatio General Cable war. Gen E Ltd rets Gen Empire Co: Gen Fireproof (12% Gen Gas&El cv pf B Gen Laundry Machine Gen Theat Eq w. Gilbert (A C) ptf (3) Glen Alden Coal (8) Grt A&P Tea pt (1) 3riet & Bro pt (1) Grocery Stores v.t. Guardian F Assn (3). Guardian Invest. . Guenther Law (2) Guif Ofl of Pa (1% Hall Lamp (60¢). Handley Page pf ( Happiness Candy. Hlflmln Tobacco Imp Ofl of Can (80¢) ... Imp Oil of Can reg (50¢) Ind Pipe L new (13) Ind Terr Lllu Of1 (A) Ind Terr Illu Oil (B) IndusFi etfs(b10% ) Insull Inv(b10% %) Insull Ut 1n pr pt(s intercont Pete Intl Hydro cv pf (3% Int Holding & Inv Co. 1ntl Petroleum (1).. Intl Saf Raz B(12%). Internatl Superior (f1. Int Utilities A (3%) ital Superpower war. Ken-Rad Tube & L (A).. 4% Klein (H) pt pf (J1. 20).. ‘l!n Kolster-BriAm sn Koppers G & C pf (6). .. 102 Kress (SH) sp pf (60c). 9% Lackawanna Sec (4).... Lake Superior Corp. Land Co of Fiorida. Lefeourt Realty ('l.ll) . LefeourtRity Leh Co,lol‘ Nl' m 140 wm Stores (2). Ley (FT)&Co (3)..000 Libby McNefll & L... Lily Tullp Cup 1%. land Lt (55¢)... sl Lt pf 7)., W Louix'ana lan & Ex 6% 10% & T% 35 LaP & L pt (6. Machlarr Stores (i) MagdalenaSyndicat MangelStores pf (634). . Marconi Int Mar (38¢c). . Maryland Casualty, new Mass Util Asso. % Mavis Bottling. Mayflower Asso (32). Mead Johnson (N%l. . Mid Sts Pet v.Le. A. :ld Sts Pet v.t.c. B. Middle Wst Ut pf zw(8) 100 Midlan Nat Gas A(1.20). 6% Mid Royalty ev pf (2).. Midland Sti Prod, n (2). Midland United (war) Midvale Co (4). Miller & Sons 2). Mining Corp of Ca: Mo Kan Pipe L (nos). Miss KPL v.te. Moh Hud P 18t p£(7). .. Moh Hud P 2d p£(7) Montecatini deb rts. Mont Lt Ht & Pwr(1%) . Mountain & Gulf ( Mountain Prod(1.60). Mount St Pow p£(7) Nat Amer Co... Nationai Aviaifor Nat Bancservice (5) Nat B & 8h cp 50 Nat Fam St b2% % . Nat Food Prod B(b2%). Nat Fuel Gas (1)....... % 11% 6% Natl Investors. ° 1% 4 117% 100% 117% 118% 2% Niag.-H Pwr A war.... N Nat Mfrs & Stores 3 Natl Pwr & Lt pt (6)... Nat Pub Serv (A) '1 Nat Rubber Mach(1). Nat Screen Service (2).. Nat 8h Tm Sec(f50¢)... Natl Steel (war). . Nat Sugar N J (3) Natl Transit (1).. Nat Union Radio. Nauheim Pharm pf..... Nehi Corp (1.30).. Nehi Corp pf (5% ). Nelson(Herman) (1)... Nepiune Meter A(2).... New Brad Ofl (50¢)..... New Eng Pow of (6). .. New Eng Pub 8 pt pl(7) New Jersey Zinc (12%). Newmont Mining (£4).. Newport Co (2). ... NY Auction. ... NY & Hon Ros(11.37%). N Y Merchandise (1)... 12 N Y Pet Royalty. . 8% NYPwr&Ltpf (T).... 109% N Y Tel pf 46%).. Niag.-H. Power (40¢) . 8 101% 20% 6 24 16% 1 0% 104% 58 66% 18% 6 Hud Pwr (B) war. Niag Shares Md (40e). . Niles-Bem-Pond (Tl*) 3 ing (30e). Noma El Corp (80¢) Noranda Mines (2)... T 6 10% 1% 4 6 109% 109% Il(% 114% 12% L R & e e sesx FesEF x2Fsrdsesss R RO EEE REE EERE HE T FRIETE. EEFUTEE R @ RNEE CEEE C SIER S SFENE SPERE. ' PERESEREE ESSERERCEAE OE 0 CEEE S8 % | € ¥ D MNE EE b §is = Fe" FFsa""sx 2 @ [EZRE JNE SN 3 it L8010 19 I+ 1+++ sx"rees"ePe weese¥s (RENEE S FL+1 - L1 “Res"gxn [T FE = e NeNne FREE FEE EFEL F¥F ™ o= =5 “wFE es 9 & :5;;5 OCTOBER 19, 1930—PART - SIX. Stock and dividend. North Ind P8 pf (1).... Northn Pipe Line(15). North Stat Pwr A(8). 5% Nor States Pwr pf (6). _ North 8 Pow pf (7). ... Northwest Eng (2) Novadel Agene (13%).. Ohlo Bell Tel cum pt (1) Ohio Brass (B) (16).... % Ohto Copper Ohio Ot n (eu )pf « Ohio Power pf.(6) . Ohio Pub Serv pf A Outboard Mot (A) Qutboard Mot B. Overseas Securit Pac Fin Corp (1.32).. PacG& E 1stpf (1%). Paoc Pub Ser (1.30). . Pac Western Ofl... Paramount Cab Mfg. ke Davis (11.65). insular Tel(1.40) nroad Corp (20c).... Penn Gas & Elec (al u ). P ) Pepperell Mfg Co cl) Perfection Stove (4%) Petrol Corp war. ... Phila Elec Co pf (5). Philip Morris Inc. Philippe (L) A (11.80).. Ple Bak of Am (A) (2). Plerce Governor (1%).. Pilot Radio Tube(A) % Pitney B Pos n(20¢ Pitts& L B (1. Pitts Plate Glass (3. Plymouth Ofl 13).. Polymet Mfg (b4 %). Pond Creek Pocahonta: Poudrill & Alex (143) Pow Corp of Can (1). Prince& Whitely of3. Prod Royalty Corp (£1). Propper McCallum. ., . Prudence Co pf (7) Prudential Inv. . 1 Pub Utll Holdings (50¢) 1 Public Util Hold war Public Util Hold x.w. Puget Snd P & Lt pf (6). Pure Oil pf (6)...... ‘Radio Products (2) Railroad 8h Corp(2 Raflway & Lt S (15 Reeves (Dan'l) (1 Relter-Foster. Reliable Strs (b5% ). Reliance Intl (A).. Reliance Int Corp(B) Reliance Management. Repetti Candy Reybarn Co. . Reynolds Invest. Rhode Isl Pub Svc pf(2) Rich Ol of Cal pf(1.75) . Richmond Rad cum pf. . Root Refining cv pr pf. . Rossta Intl Corp....... Royalty Corp pf (1.20) Ruberold Co 4). 3 Russek's Fifth Av 1.60. . Ryan Consolidated Safety Car H & L(8) Safeway Stores war 2d. St Antony Guld. .. ¢ St Regls Paper (1) St Regis Paper pf(7) Sally Frocks, Inc. . 2% Schulte Un bo to$1 Scranton El pf (6) . Seaboard Utilities South Penn Of1(12% Sou Cal Fd pf (1%). SouthCa:15d pfA (1% So Cal Edis pf (B) (1%) 2 Sou Calif Ed pf(C)(1%) Southern Corp Southland Roymyuocy Southw Dairy Prod .. So West Gas Util. . 6% 0% 2 8 9% " dl4+00 #0000 L+ LI+ M) * F oefs"s 52 - +11 - Fe™ sesesd "5 2xds FES FRRL 3 FINANCIAL. Spanish & Gen (B) Spleg-M-Stn pf(6% ). Standard Holding Corp. =unl lnvutln- pt(l\fl l'mofl Qf ln‘ 2%). Stand Ofl of Ky (11.80). Stand mun«n 13%). Stand Ol Ohlo(24%) Stand Ofl Ohto BI’(Y' Stand Oil of Ohto(5) StandPwr & Lt (2). Stand Pwr & Lt (B) (2). Stan Pow & Lt of(7). Std Pub Sve A(bS%). Standard Screw ‘4). Starrett Corp. . Starrett Corp pf (3) . Stein (A) & Co(1.60) Stein(A)&Co cu pf(63%) Stein Cosmetics Inc Strauss Roth . Strook & Co (1). Struthers Wells Titus Stuts Motor Car Sun Investing. . Sun Investing pf (3). Sunray Ofl (40e) ... . Swan Finch Of1(30e). .. Swift & Conew (2).... Swift Intl (13%)...... Swiss Amer El pf(8) Syracuse Wash Ma (B). Tampa Electric (32) Technicolor Inc gt Tech Hughes (60c). . Tenn El Pw 18t pf(7). .. Texon Oil & Land ('6). . ‘Thatcher See Corp. . ‘Thermold Co pf ). Timken DetaAxle pf 17) Tishman Real & Con ‘Tobacco Prod ‘lufl. « Todd Shipyard «4). Toledo Eidisn pf(7) ‘Trans Air Trans. . Trans Lux DL PS. Triplex Safety Gla Tri-contin’l Corp war. .. Tri Utilities (31.20) Cruns Pork Stores Tubsize Chatel (B). Tung Sol Lamp (1) TwinSt NG Apt1) Unexcelled Mfg, Inc Ungerleider Fin Corp... Union American Inv.... Un N G of Can (11.60).. Union Oil Asso (12) UnionTobaeco. . Utd Car Fastnr(60c) . United Chemical. 60 104 39% Unit EI Ser pur war. Unit Founa (b2-35 sh).. United Gas new 3% United Gas war. . United Gas pf (7). Utd Light & Pwr A(1).. Utd Light & Pwr B (1).. Utd Lizht & Pwr of (6) . Onit Milk Prod pf. . Unit Mollasses Ltd.. . . . United Profit Sharing. Utd Profit & Shar pf (1). Unit Ret Chem pf (3%). United Ret Chem B ctfs. 106% 60 *%. 14 $ ¥l ity newmgn L T L Tk oSa YEga I+ LI I I I O I B - o $255 - X UF g ks #T€F #2"srgal E 25% 51 2 ;-?;g-;?!- trernn+ “Sxx"xe 1 - £ 2e° 1 LI+ - S Bea® £ - = ® EVy $es w2 s¥ LR F_FEF FFEF L (R L+t 7% 4 18% Comm annuai payment. able in cash or 20" Ber cent in 1 8w 2% er cent in in stock. 8% U S Linespf (1)... U S & Overseas war U S & Overseas ctfs. . U S Playing Cards (4) Utllity & Ind Otil & Ind pE (1%).. 1. Utility Equities. Vacuum Oil (4) Veeder Root 12% ). Venezuela Petroleum. Vie Finan Corp( mq). Walgreen 'n Walgreen Co wur wa L (T) Wheatsworth (11%)... ‘Wieboldt Stores (1.60).. Williams, R C (1. Will-Low Cafeteria. . . ‘Wil Low Cafeteria pf Il) 15 Wilson Jone: Winter (Ben). Woodley Petrol. Zonite Products (1) Dividend rates in _doll o ETtly ext ® seex"$585sxie BV |'l|+l(l||*l#|| L N I E*5Feny Fra¥ 2 Fefefelai®sE :;o 1 1 t 33 ES TEEEELT)S 0). .ll au X 8% RIGHTR —EX IR Edis l‘e- 2 14 13% 13% llars based on last uunmrly or & i- Mu 4 per cent in stock. a Pé: in stock. e Adjustment dlmcnd stock .nu.lurmcn nn 2 per cent in L4141 Plus m Plus 3 per cent in stock. n Plus WORLD TIN OUTPUT CUT 17 PER CENT Producers’ Curtailing Program De- clared Effective in Recent Quarter. . Special Dispatch to The Star. NEW YORK, October 18.—The ef- fectiveness of the drastic curtailment program of the Tin Producers’ Associa- tion in cutting down the visible world lyuxunmbeenmplydemnn- strated during the last quarter by a production of less than 83 per cent of normal output and a reduction in JOINS RACKLIFF STAFF. NEW YORK, October 18 (Special).— ‘Weston, for u years an Forbes & Co. Abnormal Gains In Business Seen | increases during the first two weeks of October outstripping last year's. Using the amount of checks cashed as an in- dicator, the Alexander Hamilton Insti- tute, in its current weekly bulletin, m-mlimmnoi ll.'lw the first two weeks of t-September average as 125 per cent in 1929. !lhsuwnfl ADVERTISING BOOSTED ON BUILDING OUTLOOK Special Dispatch to The Star. In Early October R ding MURPHY ADDS STORE. NEW ber 18 (?edll) — G. C. n"urph:‘m'K gom a another hmwmwmchmdbunnmll HOW IS BUSINESS? Showing Current Business Activity Compared With Same Week Last Year. GENERAL BUSINESS ACTIVITY for the count.y York City. Shaded areas show weeks of activity above previous year. Black areas indicate declines from same weeks 12 months earlier. ACTIVITY BY FEDERAL Illllvl DISTRICTS. transactions s 1 I