Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-29
TODAYS
CORPORATION
NEWS

BY the Associated Press.
NEW YORK, october 29.-The fol-
lowing is today's summary Of all i'm
portant corporation news prepared by
Standard Statistics Co., Inc, New
York, for the Associated Press.
News Trend.
The trend Of corporate news contin-
ueS along recent lines consisting largely
OF railroad and industrial earnings
The constant liquidation of securities
has undoubtedly contributed to the
dearth of corporate news outside OF
earnings reports. The larger railroad
systems are generally publishing small
er earnings for September compared
with year ago, while some of the
smaller units, such as Gulf, Mobile &
Northern, Bangor & Aroostook and
Buffalo, Rochester & Pittsburgh, show
sizeable gains.
Early reports on oil output for past
week indicate that crude production
dropped about $4,000 barrels daily to
2,863,000 barrels. This decrease grasses
to a great extent the unusually large
gain reported in the previous week.
The Companies.
American Multigraph declares extra
of 1917 cents and regular quarterly d.
vidend of 62Ia cents on common. E
Auburn Automobile subsidiary, Lycom-
ing Mfg, receives contract to supply
H. E. Dodge Boat g. Plane Corp. with
1880 motor boat engine requirements.
Bangor & ArooStook September sur
plus, after charges, were $l8l,S 1913
against $26,666; earned $7.28 per share
in 9 months against $4.78 year ago.
Buffalo, Rochester & Pittsburgh Rail-
way September net up Is per cent;
nine months, per cent above year ago.
Canadian Car & Foundry places new
common on $1.76 annual dividend basis
against 81 paid before four-for-one split.
Canadian Pacific Railway September
net off 20 per cent; nine months, 10
per cent below year ago.
Chicago Burlington g. Quincy Sep
TENDER net of per cent; nine months,
II per cent above year ago.
Chicago, Rock Island & Pacific
earned $3.50 per common share in nine
months against $8.41 year ago.
City Ice & Fuel earned $3.95 per
share In nine months against $3.11 year
ago.
Edison Electric Illuminating rights
proposed; one new share for each seven
held, price to be determined later.
FollanSbee Bros. earned $698 per
share in nine months to September 80
against $5.25 year ago.
General RefractorieS earned $3.50 per
snare IN nrst nine months against 1898
year ago.
Gulf, Mobile & Northern September
net up % per cent; nine months, 20 per
cent above year ago.
Hooking Valley September net of IL
per cent; nine months net equal to
$34.15 per share against $27.56 year ago.
Illinois Central earned SIS. "a per share
in first nine months against $4.63 year
ago.
Mengel Co. earned $2.75 per share in
nine months. against $1.57 year ago;
had $2.410,000 untitled orders on Octo-
Der 81, against 81, 185. 900 year ago.
Michigan Central Railroad September
net off 7.3 per cent nine months; As
per cent above year ago.
Pittsburgh & Lake Erie September
net up 20 per cent nine months; Is /
per cent above year ago. /
Quincy Mining rights, 8 for 20 shares |
held at SIS.
REQ Motor earned $1.05 per share in |
first nine months, against $2.28 year |
ago.
Southern Bell Telephone, months
to September 80, net after taxes up 5 |
per cent over year ago.
Square d Co. earned So per class B |
share in nine months, against $501 in