Julius Liechtenstein, president of the
Amerloan Sumatra Tobacco Company,
Issued a statement yesterday declaring
that the Government report on the
blight which has attacked the tobacco
crop In Georgia and Florida was ex
aggerated. The president asserted that
In his opinion the Department of Agri
culture was "unduly alarmed regard
ing the condition and premature In Its
conclusions as to the nature of the
trouble."
He added that the crop was not sf
fected by disease, but merely by mildew
due to excessive moisture. The trouble,
he said, Is quit* common and la always
anticipated by raising double the num
ber of seed plants which would ordi
narily be required for transplanting.
DUGURPWIG LIGHT NKT UP.
The Duqutane Light Company reports
for 1920 net Income after charges and
tnxea of |t.392.347 In contrast to 99.
224,917 In 1919. Its gross earning*
were 916,006,179 net after taxes 94.409 -
r.29, other Income 92*9,704, net after
charges, interest, Ac., 91.942,347, pre
ferred dividend#. 1410,199. and common
dividends. 91.453,000 In 1990; leaving
the final surplus for that year 11,
494,134.
r "yoti" are sesklns n?* <"?pltal, s partner
or wsnt to Mart a bu?!n???. a Rutlne**
lportunlty A<1. In The Heraldmajr aceom
I :> ;u*t What ysu ars aflse. Try *"*
OYER $200,000,000
FINANCING COMING
Newfoundland, Dnquesn? Light
and Semi-Government
Issues This Week.
STATE ASKS FOB TENDERS
New York Flotations Will To
tal $41,800,000?France Is
Discussing Issue.
Jfnr financing exceeding 1200,000,000
ia scheduled for consummation and dis
tribution during the next twenty-five
days. 8tx Items. aggregating $201,300.
000, are In a state of active discussion.
