Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-11
CORPORATION
REPORTS
TRENDS AND PROSPECTS or
LEADING ORGANIZATIONS

TRENDS AND PROSPECTS or
LEADING ORGANIZATIONS
NEW YORK, February 1.-THE fol-
lowing is a summary of important cor
| poration news prepared by Standard
Statistics Co., Inc, New York. for the
Associated Press:
News Trend.
The sharp rise In untitled steel orders
to 4,l32.351 tons exceeded most reason
able limits of expectation. 1t not only
marks the fourth consecutive increase
since September 80. but exceeds by 1871
238 tons gain of 51,517 reported for
the similar period of 1880 and was S.
$50 tons above that for 1929. It must
be taken into consideration, however,
that at the same time 3 year ago steel
industry operations were approximately
| IS points beyond the current rate
against a backlog Of 4.468,710 tons.
Recent indications that there might be
general advance in prices may have
provided some stimulation for heavier
buying.
Preliminary figures from the oil In
dustry reveal that the entire decline in
daily average crude oil production IN the
United States for the week ended Janu-
airy 81 was more than wiped out during
] the seven days Including February by
! a rise of approximately $4,000 barrels
per day, Most of the gain occurred In
F, Oklahoma fields, according to the re-
port, where production was stepped up
about $4,000 barrels daily.
| Gulf, Mobile & Northern Is added 70
| the list of companies taking unfavor-
able dividend action at this time, nav
! ing passed the quarterly payment on us
preferred. The last payment was $l.oV
on January 2, 1881.
The Companies.
| American Brake Shoe g. Foundry
| 1880 common share earnings, 1874,
| against $3.71. -
American Laundry Machinery 1880
| common share earnings, $2.87, against
/ $5.44.
American Piano-Final dividend of
Is per cent of claims made to di-
rectors.
price refined sugar 20 points to $50
BIaw-Knox 1880 common share
earnings, $203, against $2.16.
Chicago g. Northwestern Railway
January net operating income reported
| 1863, 7O9 under same 1880 month.
Consolidated Gas of New YORK 1880
| gas refrigerator sales, 80, 423 units, up
Delaware. Lackawanna & Western
1880 common share earnings, $3.50,
| against $50.
| Denver & Rio Grande western Rail-
1 road-Colorado Public Utility Commits
sion grants permission to institute free
delivery and pickup service Tor ship
pers
/ Gemmer Manufacturing 1890 COM
mon share earnings. S1.45. against
Glen Alden Coal 1880 common share
/ earnings, 1858.
Gotham silk Hosiery 1880 deficit.
! S558,979, against net income, S1,804,619,
equal to 1881 common share.
| Grand Union Store sales four weeks
to January 81 of % per cent.
Gulf. Mobile g. Northern r. r. passes
| preferred dividend; paid $1.5O January
| 2, 1881.
Imperial Tobacco Co. of Great Britain
| & Ireland net income before directors
| fees and general reserve in 1890, year
ended October 81, $10,1s2,976 VS.. So
| 970,581.
India Tire & Rubber, 1880 operating
, profit S18,887; net sales S3,650,7 TAI.
Interstate Hosiery Mills 1880 deficit
$49,163. VS.. net income $l99, 604, equal
to $1.81 common share in 1929.
Jewel Tea increases quarterly COM
mon dividend to 81 from rs cents.
dend to 81 from rs cents.
Kimberly Clark 1880 common share
earnings S4.82, VS.. 1886.
Kuppenheimer CD g. Co. calls $500
preferred shares, all outstanding. at
Sis.
| ings, IL months ended November 80,
Louisville g. Nashville r. r. refused
1 authority by I. c. c. to cut passenger
| fares
McCord Radiator g. Mfg. stockholders
to vote on reducing authorized class
A stock to "a, 400 shares and Class B
to sos. 400 shares.
McKeesport Tin Plate-1930 common
share earnings, S8.35. against S8.O1, in-
Guiding profit on sale or redemption OF
securities.
Murphy &c. CD had 166 stores Febru-
airy 1.
National Dairy Products-193O net to
show increase over previous year
New York, New Haven & Hartford
Railroad-January net income about
100000. or approximately 100000 url-
| der same month Of 1880.
Pittsburgh Plate Glass-Milwaukee
plant increases working schedule to As
hour week from 40.
Real Silk Hosiery Mills-Net income,
before Federal taxes and subsidiary pre-
| ferred dividends, $1,023,016 IN 1880,
against $2,276.714.
| Reeves (Daniel) 1870 common share
| earnings, 1929, against 1912.
Roxy Theaters-H. L. Clarke elected
president to succeed Rothafel.
Stein CAD 81 Co.-1930 common share
earnings, $202, VS.. $3.16.
Union Oil of California-Gas
sales volume for December quarter IN
4 California up II per cent.
l United States Tobacco stockholders
/ to vote on retiring 29200 preferred
| shares bought in at average of S125;
/ SIS 200 shares currently outstanding.
/ Oeeder-Root, Inc. - Common share
/ earnings year ,ended January 8, $1.67;
earned IS year ended December %, 1923.
People of the Philippines are esti-