Show I BUSINESS BAROMETER I Colorado Fuel Fe Iron company reports second quarter of 1920 10 surplus of after ater charge taxes sinking fund etc ec After After Af Af- Af- Af ter deducting preferred dividends this Is la equal to 40 a share on the common stock and ad compares with wih 4 or 11 for tor the tho I preceding quarter Governor Mutt Hull of Philadelphia re reserve reune nerve bank estimates estimate estimate each cub Is JI being belne carried around loose loos in pockets or stowed away aay A A. new branch of the Mercantile Bank nank of ot the Americas America opened at Hamburg G Germany Get Ger r. r a many may today At pre present nt European branches branch branch- brach C es e. are arc In operation in Paris ParIs Barcelona and Madrid Thesis Thue branches act In close conJunction conjunction con con- junction with ih the American Latin affiliate affiliates ates ate of ot the Mercantile Dank Bank Dak of the Amer Amer- Icu ef of e 4 barrels barrels in California's Califor Califor- nia's nias crude oil 01 stocks stock during dUrn July la Is recorded record record- ed In statistics compiled by Independent Oil 01 Producers Producers' Producer agency July production In California increased nency 4 barrels barrei barel over that of or June une but this Increase failed t U t. m meet d the demand the tho report said raid |