Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-26
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS

NEW YORK, November 10s-Ine ION
lowing Is q summary Of important cor,
Statistics Co, Inc, New York, for the
Associated Press:
News Trend.
Railroad freight trafic again recorded
o lhxRer than seasonal decline during
the second week Of November. Total
number Of cars loaded was s2e, 261, q
decline Of S2,150 from preceding week
and smaller than In the like weeks Of
1929 and 1913, by 15.e per cent and
2l.4sper cent, respectively. All classes
Of freight are lower, with merchandise
less than carload lots making the best
showing, allowing for seasonal trend. .
Further reports Of October railroad
earnings continue TO. record improve
ment over earlier periods. The flrSt 10
companies 70 report showed net cper-
ating income IN aggregate AL per cent
under O year ago, whereas decline IN
! earlier months averaged 30 per cent.
Latest statistics Of the oil industry for
week ended November 20 are favorable.
Domestic crude output was reduced a..
TOO barrels daily, gasoline stocks were
cut T3l 900 barrels and gas and fuel oil
declined SIS, 900 barrels. However, In the
marketing branch conditions remain
unsettled with price cutting stil In
evidence.
In corporate news dividend changes
hy important companies included small
Ter extra by Texon Oh q Land and re-
duction quarterly rate BY Illinois
brick.
The Companies.
Allegheny Steel 1880 earnings ex-
pected to cover regular and extra divi-
dend needs on common.
- - Hm~N. AArav
and taxes, first 10 months, 46,434,92S
against 4S,27s.430 year ago.
Ann Arbor Railroad preferred share
earnings, 10 months to October 81, SS.l0,
against sass.
Brazilian Traction, Light d Power,
Ltd.-Relati0ns with new government
unchanged. October net before de-
probation and amortization, on per
cent; 10 months, on 0.5 per cent.
Brillo Manufacturing Co. common
placed on 60-cent annual basis.
Brooklyn Manhattan Transit, suhsidi-
ary New York Rapid Transit, net II
months to June 30, net sS,7lo,l6o
against 45,665.673.
Calumet IL Arizona merger with
Phelps Dodge may be abandoned.
Chrysler Corporation September and
October Dodge deliveries largest of year.
Colonial Beacon OIL, Gasoline prices
cut 2 cents gallon IN Western Massa-
Decker (Alfred) u cohn omits COM
mon dividend; paid so cents Septem-
Der IS.
Erie Railroad common share earnings
against $40.
Fashion PARK associates october sales
Ford Motor october registrations for
passenger cars in 81 States accounted
Tor SIS per cent Of the total CT all
makes titled. against 37.2 per cent m
September and 34.8 per cent year ago.
General Motors october regtstra-
tons companys passenger cars In IN 81 81
total Of all makes titled, against 36.3
per cent In September and S4.e per
Cleaner Combine Harvester dividend
action awaits return Of president.
Illinois Brick cuts annual dividend
rate to 9190 from $40.
international Great Northern Rail-
roads October net operating income
on 50 per cent; 10 months on 50 per
Lehixh Valley Railroads October net
operating income OF 81 per cent; 10
months of 80 per cent
, Ludlum Steel's third quarter deficit
1lo7,6 against prof1t $l36,42l In 1923,
nine months deficit $685., 094, against
profit &e37 at
Maine Central Railroads common
share earnings, 10 months to October
81, ST.16, against 311.02.
Minneapolis q st. Louis Railroads.
October net operating income on IS per
cent: 40 months on 90 per cent.
Missouri Pacific Railroads October
net operating income on 30 per cent; 10
months Oh IS per cent.
New Orleans, Texas 3 Mexico Rail.
gays october net operating income on
per cent; 10 months up Is per cent.
Norfolk q Western Railway common
share earnings, 10 months to October
81, 1850, against 423.76.
Northern Pacific Railway October net
operating income OF 20 per cent; 10
m1eths on 81 per cent