Show I Earnings I 4 4 Net Incomes for 1931 of ot the followIng roads as reported to the 1 interstate c com cor commerce LOb 1930 merce nerce L 30 r c commission r t c compare c e as follows with rh 1931 1 1930 30 Baltimore ft Ie I Ohio Great reM Northern Norther Louisville Louls le tf it tr Nashville Ue Minn fc N St. St Louis Loui 16 C. C M. M St St. P. P P. P melt Ludlum Steel company had net loss lois los of last year loss of In 1930 1939 1931 N Net t sales were e a 23 per percent percent percent cent drop from 1030 Ratio of current curent as assets at- at t- t sets to current liabilities labite on Dec December 31 was ns 21 13 3 to 1 I IThe The St. St Joseph Joeph Load Lead Lad company today re- re Ported a 1931 1031 net loss los after aler nil all al charges depletion of SI compared with net profit of or 77 cents a share hare In 1930 The 1931 earnings exclude a rl dow of ot securities to In charged reserves for con con- cn- cn |