Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-12-28
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

LEADING ORGANIZATIONS
NEW YORK, December 81 (P.-Fol-
lowing Is today's summary of important
corporation news, prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
News Trend.
Retail trade over the holiday season
probably equaled a year ago in unit
volume, but was from 10 to 80 per cent
below last year in price value, accord
ing to the mercantile reviews. Most
favorable showings are believed to have
been made by groceries and fancy food
products. Wholesale trade consisted
largely Of apparel flll-in orders for i'm
mediate delivery. This weeks CONNER
cial failures covering five business days
numbered ass, against 396 in the like
1929 period. Bank clearings in same
period showed marked Improvement
over recent weeks. Total at leading
centers were of 14.8 per cent, with
New York City exchanges down 11.6
per cent and outside centerS 81 per cent.
Pittsburgh and Baltimore both reported
Q higher figure than year ago.
November railroad earnings state
ments comprise the principal portion Of
the days corporate news. Aggregate
roads reporting shows a decline of 1855
per cent from a year ago, while gross
revenues were of 1915 per cent. The
showing of all class carriers for the
month is expected to approximate that
Of october, when the net operating in
come receded 26.4 per cent.
The Companies.
American Tobacco November cigar
sales I'D 6973,000 units; entire indus
try on 94,811 600; IL months up
Isl 100000; industry on 6o1,323,0O0
units.
Boston & Maine Railroad share earn
ings IL months to November 81, 1924,
against $500.
Buffalo, Rochester & Pittsburgh Rail
way November net operating income OF
o.5 per cent; IL months OF 25.5 per
cent.
Canadian Hydro Electric November
electric output up per cent; IL months
UP 81 per cent
Canadian Pacific Railway asks bids
ON new Montreal station to cost about
$1,000, 900.
Central Ohio Steel Products merger
planned with Hayes Body abandoned;
Chicago & Eastern Illinois Railway
November net operating deficit $150,379
against income $54,902; IL months
deficit, $690,528 against income $2,112,-
693.
Chicago & Great Western Railroad
November net operating income OF 40
per cent; IL months OF slightly.
Chicago, Milwaukee, st. Paul d
Pacific Railroad November net operat-
ing income of 54.5 per cent; IL months
of 39.5 per cent.
Chicago, Rock Island & Pacific Rail-
way share earnings, IL months to
November 81, $5.76 against $12.35.
Corn Products Refining declares so
cents extra and regular quarterly IS
cents common dividends. Department
OF Agriculture lifts restriction which
required that where corn sugar was
used as ingredient in articles of food it
must be so noted on package.
Courtaulds, Ltd, declares 21a per cent
final dividend on A. D. r. for S per
cent preference stock.
Crowley Miner years common divi-
dend needs covered by 10 months earn
ings.
Diamond Match - New company
chartered in Delaware with capital
$4,000, 600; formed in connection with
capital readjuStment plan.
Erie Railroad share earnings, IL
months, SO cents; November 81, So
Florida East Coast Railway November
net operating deficit $l,789 against
deficit $165,425; IL months income,
&748,268 against income 81 ,403, $50.
Foster Wheeler continuing negotia-
tons for acquisition Of International
Combustion Engineering.
Great Northern Railway November
net operating income OF 1874 per cent;
ii months, of 1875 per cent.
Inland Utilities Protective Commit
tee formed for class A stock.
International Great Northern Rail-
road November net operating income on
ST. per cent; IL months, OF 62.l pei
cent.
international Nickel Of Canada II
months nickel exports of 2l.5 pei
cent.
Kayser (Julius) g. Co.-Reduction,
ranging from so cents to So dozer
rayon underwear prices.
Midland Natural Gas Protective
Committee formed for participating
class A stock.
Minneapolis g. st. Louis Railroad No
vember net operating income on 4;
per cent II months, of So per cent.
Missouri Texas Railroad shar'
earnings IL months to November 50
81 .0s, against $4.27
Missouri Pacific Railroad Novembe
net operating income OF rs per cent
IL months, on II per cent.
Nashville, Chattanooga 81 st. Loul
Railway November operating incom
&40,l64, against $270,300: IL months
S2,O35, 40S, against $4.664, 048.
National Railways Of Mexico gross IN
come May to November 80 almos
5000, 600 pesos under like 1929 period
New Haven Clock-No change in pre-
ferred dividends planned Novembe
shipments reported largest IN past lou
years.
New Orleans, Texas g. Mexico Rail
way November net operating income OF
7I.2 per cent; IL months, on 10 pc
cent.
New York Central November ne
operating income OF SO per cent;
months, OF As per cent.
New York, New Haven 81 Hartior
r. r. share earnings, IL months TO No
venber 80, $3.50, against $1O.52.
New York Telephone Sill ,167 $50 I'm
proyement expenditure sanctioned.
Normandie National Securities stock
holders reject Lefcourt grab offer
turn over certain securities and max
other concessions in settlement Of &C
ton against corporation, and ofacer
alleging affairs were illegally an
fraudulently misnanaged
Northern Pacific Railway Novembe
0uerating income OF 1915 per cent; !
Vranrkhk of "a z Der cent,