Show I BUSINESS BRIEFS I 4 CALEXICO Cal Ca April Apri 30 The The Southern Souther Pacific company has hu begun lay laying In additional yard tracks track here Involving in involving In- In the expenditure of ot over This work was as ordered last December but postponed In January when a a tax order of the government re resulted re- re suited In cessation of freight hauling in Lower California This order was WI lifted recently and according to railroad men more than a million milon dollars dollars' dolar worth of ot Improvements will wi be resumed by tIle the Southern Southen Pacific company Y For the year ended December 31 31 1922 1522 Root Van corporation and subsidiaries show how deficit of after expenses and charges against 1626 in 1921 Net sales ales were against In 1921 Costs and expenses were against 2032 In the same eme period of the preceding jear year Ohio Fuel Oil 01 for the year ended December December De Do- cember comber shows profit of ot after expenses and depreciation against net ne loss of in 1921 Gross Gros revenue revenue reve rove nue flue was wa against and net after expenses etc as a. compared with 1239 in 1921 Gulf Gult St States te St Steel el company company's earnings for tor th the first quarter are understood to have b been rn equal after preferred dividends to a a share shar or at annual rate rate of ot 1776 The Royce Rolls company British parent of ot Springfield Mass corporation corporation corpora corpora- tion ton of same ame name earned a profit profi In Itt Its Il last lat fiscal year ended November 1 of despite th three ee months months' lockout lockout lockout lock lock- out of ot mechanics At current rate for forsterling forsterling sterling this Is I. equal to After deduction of ot Income Income taxes and reserves reserve net profit was wa about 8 0 equal to per rent cent centon rentOn Cent Centon on the capital capita stock There ts is no bonded debt or preferred stock S FOREIGN EXCHANGES NEW YORK YORE April Apri 30 Foreign Foreign exchanges ex ex- changes change easy ay Quotations In n cents cent Great Britain demand 46 cables cable 4 63 sixty-day sixty bills bla on bank banks France demand 67 cables Italy Ialy demand cables cable 4 90 Belgium Bel Bei- glum gium demand 6 81 cables cable Germany Ocr Ger many demand cables Holland Holand demand cable cables 1905 2 Norway demand 1730 Sweden demand demand de dr de- de mand 2672 Denmark demand 1859 1869 Switzerland demand 1809 1600 Spain demand demand de de- de- de mand 1647 1527 Greece co demand 11 Poland Poland oland o Po land demand Czechoslovakia demand demand Argentine demand Brazil Brazi demand 1070 Montreal 93 98 9 1 1 8 2 CALL CALI hONEY MOE NW ZW YORK TORK April Apri 30 Call n Call money motey strong high 6 low loW 6 5 ruling rate rte 5 6 6 closing bid 6 offered at t 6 8 5 lut t loan 6 call cal loans against acceptances 8 5 time tim loans firm mixed collateral sixty ninety days day 6 C 8 six four four Ix months month 6 6 Prime Prim commercial |