Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-04

low April Of 1890, but nevertheless not
without favorable aspects.
Reports of electricity output for the
week ended April IS showed q decline
from the same week Of 1890 OF 81 per
cent. due in large part to seasonal re-
cesSion. This compares with q decline
the week before of as per cent.
An agreement between the Pennsyl-
vania and the Van Sweringens over dis
puted trackage rights over the Lehigh
Valley r. r. and the disposition Of the
Virginian served to increase the prob
ability Of early presentation Of q nm
ished rail consolidation plan Of the /.
G. c.
The Companies.
Abitibi Power g. Paper, Ltd, negoti-
ations reported under way for selling
agreement with St. Lawrence Corpo-
ration.
Andes Copper Mining 1880 copper
production s4,145.494 pounds, against
1852, 663,775 pounds: 1880 construction
expenditures. 1,e11.629
Barcelona Traction, Light q Power,
Ltd, 1880 net income $2,714,e86, against
$2,905,037.
Columbia Graphophone, Ltd.-Ac-
ceptance by 80 per cent Of shares re-
uuired to make plan for merger with
Gramophone Co., Ltd, operative; f1nal
date for deposit June 90.
Condo Mast Publications March quar-
ter common share earnings SO cents,
against 81 90.
Continental Motors scheduled May
shipments 221 units below those Of
Crest Atlantic g. Pacific Tea of
H(AaGA
upheld.
Jewel Tea sales 4 weeks ended April
IS of 1874 per cent; is weeks on IL
per cent.
Murray Corporation Of America
March quarter deficit 5000, 201, against
net income S290,S45, equal to SO cents
common share in 1880.
National Service Co.'S subsidiary,
Rhode Island Ice, defers dividend on
prior preference stock; paid $1.75 Feb
ruary /, 1881.
Radio Corporation Of American. G
Hartford resignation srumors reported
unfounded.
Selected ndustries-Tri-C Continental
Corporation to get " of per cent OF
, gross assets value as management fee
Standard Oil (Indiana) cuts service
station price Of Stanoline Blur from
0.S cents to SO cents In Detroit and
from "a cents to IA cents in st. Louis
U. s. Realty 81 Improvement TO In
crease depreciation rate on buildings %
1.6 per cent per annum on original cost
or about 100000 q year more than
formerly charged.
Wheeling Steel proposes exchange OF
per cent preferred A and 10 per cent
preferred B stocks for new 6 per cent
preferred; new no par common to be is
sued for old 500 par common.
American Safety Razor March quar-
ter common share earnings sl.01
| against $1.28.
Chile Copper 1880 copper output 49,
| 1,243 pounds; construction expendi-
lures in 1880 totaled $1,879,418.
Engineers Public Service common
share earnings, IL months to March 81
based on average number Of shares out
standing. $2.39. against $3.50.
I. @. Farben Industrie, A. G.-Divi-
dend Of IL per cent proposed.
| Follansbee Bros. March quarter def
cit $203, 1855, against deficit $9D, 0T2.
Nedick's, INSTRUMENTATION plar
announced for company and subsidiary
Burnee Corporation: new company tC
acquire entire capital stock of lattel
company; holders Of Nedick's common
stock to receive one share common
stock In new company for each three
shares held. bondholders to receive II
shares class B preferred and voting
trust certificates representing so com
mon shares.
Sinclair Consolidated OH Corporation
Court refuses Injunction to permi