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Show LOCOMOTIVE WORKS REPORT IS HOPEFUL PHILADELPHIA, Feb. 16. Samuel M VaUClaini In his annual report ufl president of the Baldwin Locomotive Works to stockholders, today predicted predict-ed the works would bo operated this year on the same percentage of capacity ca-pacity as In 1920 and declared that ho "looks forward with confidence to an early stabilization of your business." busi-ness." The report showed surplus of $1,-618,518 $1,-618,518 compared with $4,771,248 for 1919 and net cash profit of t-M-S.G18. Gross Mies showed a decline to $73,-5-12. 6C.G from $84,307,777 In 1919. |