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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 25, 1931

Page

5

Bright Spots In Business World

New York Electric output of the Associated Gas and Electric system for the week ended Sept 18 was 7.7 percent above the prior year. Albany gasoline sales in July reached 165,166,451 gallons, up from 151,000,000 in July 1930. New York Railways Co nine months ending Aug 21 net income was 452,994, up from 347,460 in 1930. New York Frank Dame, North American Co president, says no change to a 10 percent annual stock dividend. Los Angeles Gas & Electric Co year ended Aug 1 net income was 4,771,161, up from 4,725,780. The soil of Cuba is rich and deep, allowing cane to bear 12 to 20 years per planting.

New York Associated Gas & Electric System Albany N. Y New York Railways Co Frank Dame The North American Co Los Angel Angeles Cas & Electric Co Cuba

Price control efforts in Brazil and US contrasted

Washington reports compare Brazil's failed coffee valorization with the US Federal Farm Board's efforts to stabilize wheat and cotton. Officials describe Brazil's program as ruinous and yield- damaging, placing farmers in a worse position despite a two-year push to control prices by market withdrawals.

Washington, D. C United States Brazil Federal Farm Board

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