Southern roads post net balance in April earnings
A partial Interstate Commerce Commission summary shows Eastern roads deficit of 14,720,880 after expenses, Western roads deficit of 3,284,062, and Southern roads a net balance of 2,388,913 after all expenses. Eastern revenues were 127,080,772. Western revenues 131,768,079. Southern revenues 70,035,094. Taxes and fixed charges altered the totals.
MENTIONED IN THIS ARTICLE
Washington
Western Classification
Interstate Commerce Commission
Eastern Roads
Western Roads
Idaho Power Plans Public Bond Offering
Harris Forbes Co. and Horrix Trust Co. of Chicago will offer 2,000,009 firer lien and general mortgage ten year 8 percent bonds of the Idaho Power Company at par and interest for public subscription.
MENTIONED IN THIS ARTICLE
Power Co
Harris, Forbes & Co
Horrix Trust Company
Chicago
Idaho Power Company
Cotton Falls $5 A Bale on Heavy Selling Pressure
The cotton market slipped sharply with a roughly one cent per pound drop and about $5 a bale loss. October futures closed down 24.07 points, while spot markets in Dallas Savannah and New Orleans showed declines and renewed selling amid rain, weak cloth demand, and unsettled Wall Street.
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Mobile
Mara
Norfolk
Lily Wteady
Dle
Sales A. St. Louis Atmaty
Hounton
Investment Questions and Answers on Safe Bonds
Readers seek guidance on safe principal and steady markets. The reply highlights Appalachian Power Company first 5 per cent bonds of 1941 as well secured, with other solid issues including St. Paul Railway 4 per cent 1989 and Illinois Central 4 per cent 1953 among preferreds. It cautions telephones and speculative plays, notes Russia bonds uncertainty, and offers a mix of short term well secured bonds yielding 6 to 9 percent with few risk guarantees.
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Wheat Trading Dull Developments Awaited
The grain trade faces uncertainty as to whether the crop size or transportation will dominate the wheat market. Crop news from the West is encouraging with harvest advancing in favorable southwestern conditions and ample labor, but no clear evidence yet of sustained factors.
MENTIONED IN THIS ARTICLE
Aless
Yate
Investment Q and A Columns Highlight Sunday Tribune
Four full columns of investment questions and answers appear in The Tribune each Sunday. The feature covers personal finance guidance, market basics, and common investment risks.
MENTIONED IN THIS ARTICLE
the Tribune
Wool Prices Plummet Amid Lack of Buyers Reported
In a report on the wool market, prices fell from 60 cents to 20 cents per pound with no buyers. Senators King and Smoot of Utah and Kellogg of Minnesota along with Representative Mondell of Wyoming backed a plan to let banks advance fees to wool producers through current emergency measures. They warned the market would stay depressed if the present weather and conditions persist.
MENTIONED IN THIS ARTICLE
King and Smoot
Utah
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Minnesota
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Wyoming
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