Evening star., 1931-11-29
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS.

TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.
NEW YORK, November 28.-The fol-
lowing is today's summary of important
corporation news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
News Trend.
Brokers loans declined further, drop
ping $24 900 900 in the week ended No
vember IS, TO a total Of $751 .000, 900,
the lowest figures since September 81,
1921, according to the report of Federal
Reserve Bank Of New York. Loans for
the account of member banks decreased
$S2,000,000, while those for out-of-t town
banks were $1,o00,00O higher and for
the account of others rose $1,000, 900.
The first Al railroads to report for
October showed a 500 per cent decline
III net operating income from October,
1880. In September these same roads
reported decline of 44.9 per cent from
the corresponding week Of last year.
The Companies.
Buffalo Rochester g. Pittsburgh Rail-
way october net operating income of
23.2 per cent; 10 months of 26.4 per
cent.
Bunker Hill & Sullivan Mining &
Concentrating October profit before de-
probation and depletion $50, ,699 VS..
1S9.s54.
Butterick Co. common share earnings,
nine months to September 80, SLAB vs..
$1.54.
Canadian National Railway October
net after taxS Gncluding Central Ver-
mont Line. but excluding Eastern lnsS)
of 52.2 per cent; 10 months of 77.2 per
cent.
Central Railroad OF New Jersey Octo-
Der net operating income of 52.5 per
cent; 10 months of 45.2 per cent.
Denver & Rio Grande Western Rail-
road deficit, 10 months to October 81 -,
$l30,454 VS.. net income 81, ,452 ,442 equal
to $211 a common share.
Electric Power 81 Light common share
earnings, II months to September 80,
&2.37 VS.. 32.93
Nashville, Chattanooga & st. Louis
Railway October net operating income
on 3S.S per cent; 10 months on 641
per cent.
Pennsylvania Gas & Electric net in
come before depreciation, depletion,
Tedere@ taxes. etc. IL months to Sep
tember 80, $725, ,653.
Rutland Railroad October net
operating income off S6.8 per cent; 10
months of 53.8 per cent.
st. Louis Southwestern Railway Oc-
tober net operating income up 76 per
cent; 10 months up 81 per cent.
Ann Arbor Railroad October net op-
Grating deficit $9,023, against net Op-
Grating income 59134; 10 months net
operating income S30,158, against net
operating income $458 1867.
Boston Woven Hose &, Rubber oper-
ating loss forecast for current fiscal
quarter.
Buffalo & susquehanna Railroad
October net operating income of ISL
per cent. 10 months off 12.5 per cent.
Canada Dry Ginger Ale common
share earnings. year ended September
30 $3.34. against $6.64.
Chicago, Milwaukee, st. Paul S Pa
cific Railroad october net operating
income of ass per cent; 10 months
of 487 per cent.
Chicago Rock Island g. Pacific Rail-
way $6 preferred-share earnings, 10
months to October 81, $3.05, against
$13.o6.
Delaware & Hudson Co-October net
operating income CT Delaware g. Hud-
son Railroad Corporation off 16.5 per
cent; 10 months OF 81 per cent
Detroit Michigan Stove passed quar-
terly preferred dividend; paid $l.75
June TO-
Ford Notwithstanding new 12-
cylinder Lincoln.
operating income of 80 per cent; 10
months, of 1916 per cent.
Illinois Central r. r. October net
operating income OF 466 per cent; 10
months, Of 551 per cent
Metropolitan Edison net income, II
Sronths to September 80, $3,o0l,2 ,255 VS.,
R3.482.673.
Mexican Light g. Power October gross
up 20 per cent net earnings up 0.9 per
cent; 10 months gross, up 81 per cent,
net OF, per cent.
Norfolk Southern r. r. October net
operating income of 67.7 per cent; 10
months. OF 40.7 per cent
Pittsburgh & Lake Erie r. r. october
net operating income of $50 per cent;
20 months, of 56.3 per cent.
Seaboard Air Line Ry october net
operating deficit $57 500 VS.. net operat-
ang income, S53l,724; 10 months net
operating income $24l1915 vs. net
operating income, $5,058,834.
Siemens & Halske, A. G. to reduce
dividend probably to about 8 per cent
IS. II per cent formerly; subsidiary,
Telefunken, TO omit dividend.
Southern Pacific Co. october net oper-
nting income of system of sac per cent,
10 months. of 45.1 per cent.
United States Smelling, Refining g.
Mining-with Utah Copper acquires
doint control Of Bingham Bernis Mining
properties.
wabash Ry. October net operating
deficit $3i0,980 VS.. net operating in
come Ss54,463; 10 months net operating
encome, $To4,977, VS.. net operating in
come, Se,250,5l3.
Williams Oil-O-Matic Heating net
ancome a year ended october 81 SIS, ,66l,
equal to 4 cents common share, vs..
dehcit 1921, ,179.
American. British & Continental
passed first preferred dividend; paid rs
cents September /; depreciation of Sc
curities In portfolio exceeds surplus.
Anaconda Copper Mining reduces
wages so cents per shift
operating deficit $l33,1lS, VS.. net oper,
Ating deficit $l45, ,S84 10 months mel
operating income $427,876, va. net oper'
hting income S751,057.
Todd ehipyards declared 30 cents
quarterly dividend; paid 81 September