Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-28
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS.

NEW YORK, August 2s.-The fol-
lowing is a summary of important cor
poration news prepared by the Standard
Statistics Co. Inc, New York, for the
Associated Press:
News Trend.
Brokers loans for the week ended
August rs increased $4,000, 900 to a
total Of 81 .349, 900 900. Changes for the
week were a $40, 00o, 900 increase in
loans made by local member banks for
their own account. 81 900. 600 rise IN
non banking lenders loans, and a de-
crease of $5.000,0 900 in loans for ac-
count of out-of-town banks.
The Companies.
Canadian Gamers, Ltd.-Sales re-
ported running 1912 per cent above
1880.
Colonial Beacon oil-Dehcit, six
months to June 80, 81 ,s64.020 VS.. deficit
S1,316,l64.
Colorado g. Southern Railway-July
net operating income, SGT. 3l2, VS.. S49,-
58S: seven months. sos, AL. VS.. $513,397
General Motors-Delco-Re my August
business Is per cent above 1890 month;
Guide Lamp plant operating at normal
production.
Long Island Raiiroad-July net oper-
ating income of 323 per cent; seven
months of 3.3 per cent.
Patino Mines e. Enterprises CONSOLE
dated output On August "a. 1881, was at
rate Of 800 tons month; operations
were on 24-hour basis
Spang Chalfant e. Co. net income,
six months TO June 80, 1929. VS..
1881 .s8l, equal to sl.e7 a common
share.
Alabama Power July gross earnings
of 2.7 per cent. gross income of Sc per
cent, II months gross earnings of o.9
per cent. gross income off GA per cent.
Associated Oil gets fabrication con-
tract for United States Nays Pacific
Fleet
Atlantic Coast Line r. r. July net
operating deficit s374.395, VS.. income
$i2,S04 months net operating income,
SIS, 669, 975, VS.. $5,774.0l5.
Bangor & ArooStook r. r. July deficit,
after charges s204,9 1886. VS.. deficit $751;
852; months surplus. after charges,
1853. 693 vs.. surplus 81, l62, 204.
Central r. r. CT New jersey July net
operating income of Gel per cent; I
months of 3l.2 per cent.
Chicago. Rock Island e. Pacific Rail-
way July surplus, after charges, UP 1872
per cent: 7 months off 4I.9 per cent.
Chicago, St. Paul, Minneapolis &
Omaha Railway July net operating in
come. $50, POI, VS.. Si72, 105; months
S63.939. VS.. s1.ol2,4s8
General Realty e. Utilities-Net in
come six months to June 80. S9i3,354
VS.. S2649,l67.
Georgia Powerfully gross of IL per
cent. net after taxes up o.3 per cent;
IL months gross of 35 per cent; net
of 7.3 per cent.
Irving Air Common share
earnings, six months to June so, 81
cents.
Philadelphia Rapid Transit-s $500,
600 decrease in gross receipts for seven
months ended July 81. substantially of
set because OF SO 000, 900 reduction oil
operating expenses.
Pittsburgh Il Lake Erie Railroad
July net operating income. S25s.122, VS.
$8o4 42o; seven months S2.l15,S24. VS.
S4.342.462.
Tennessee Electric Powerfully gross
earnings of SIS per cent; gross income
up 9.6 per cent: IL months gross earn
ings of 81 per cent; gross income of
go per cent,
United Railways e. Electric OF Balti-
more July gross 81 los $50 VS. sl,236.-
4l4, net loss S1l7.591 VS.. net income
Si4,358; seven months gross S8.478,-
773 VS., se.732,14 net loss Sl43,375 VS..
net income S313.440.
Vacuum Oil Lockport and Lake
Charles crude prices advanced is cents
a barrel
Wheeling Steel declares initial divi-
dend on per cent preferred stock.
Illinois Central Railroad july net of
1872 per cent; seven months, OF sos
per cent.
New York Railways July gross
s470,sl8 VS.. $469, 63a; net income $40
6i2 VS.. Sl4,9l0, seven months gross
S3.l41,535 VS.. S3,2l7,524: net income
$3.50 002 VS.. $l3,S24 Net figures ex-
clude interest on income bonds and on
defaulted bonds Of subsidiaries.
Philadelphia Electric seeks to buy
control Of Philadelphia Steam.
Texas Corporation - Fire damages
Hankow plant: $500 900 loss reported.
Western Grocer Co. common share
earnings year ended June so, 66 cents
/ VS. 50 20.
/ Gull States Utilities combined pre-
! fefred share earnings IL months "a
/ June 30, 1881 vs. s17.54.
Commercial Credit declares 40 cents
I quarterly common dividend, previously
! paid so cents quarterly
! Los Angeles Gas e. Electric gros;
/ earnings IL months ended July 81 S23,.
1 656.9l7, net available for common
shares s2,737.9s7
Barnet Leather deficit six months Il
/ June 80, SOS, TAT, VS. deficit Silt .26l.
4 Federal Light e. Traction common
share earnings II months TO June 80
| 1914, based on average number O
! shares outstanding.
Arundel Corporation common sharl
| earnings seven months to July 81 S2.64