Evening star., 1931-12-20
| CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK. December 19.-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.
The weekly news reviews report that
retail dollar sales are running about 10
per cent below last year, which, con-
Sidering the lower price levels, is rather
encouraging. The trend this year is
more toward useful gifts, with the more
expensive luXuries receiving less de-
mand, Certain Christmas lines, such
as toys, are selling as we'll as in pre-
ViouS years.
The Industries.
Railroads presidents name COM
mittee to negotiate wage question with
unions; reported will endeavor to effect
Is per cent cut in wages Of all classes
Of employees.
The Companies.
Anaconda Copper Mining -Subsidi-
ary. American Brass, marks up prices
of copper products y cent pound and
brass products % cent pound.
Arundel Corporation common share
earnings, II months to November 80,
S4.oS vs.. Dol
Cord Corporation subsidiary. Stinson
Aircraft, placed material commitments
totaling S2500,000 in past five days:
capacity operations to be started first of
year.
Dominion Textile Co., Ltd.-Plants
operating around 80 per cent of Capac-
ity because of seasonal demand
Market Street Ry. November net In
come before depreciation and taxes off
37.5 per cent.
McKeesport Tin Plate-Substantial
profit reported obtained in first 10
months.
Printz- -Biederman Co. declared 25
cents dividend; paid 1872 cents October
IS; net profit in fiscal year ended No
vember 80 reported as 10000 VS.. loss of
$4,000 In previous fiscal year: ratio of
current assets to current liabilities was
20 to l.
Bayuk Cigars declared 37l1 cents
common dividend; paid rs cents Octo-
Der Is.
Hudson & Manhattan Railroad COM
mon share earnings. II months to No
vember 80, $3l6 VS.. 1898.
New Process Co. declared initial divi-
oend OF so cents on common stock.
Norwich Pharmacal declared ST ex-
ira and ST quarterly dividends.
Quebec Power declared so cents quar-
terly dividend; paid 621a cents Octo-
Der IS
Revere Copper & Brass marked UP
prices copper products Z cent pound
and bronbe prices p cent.
Stanley Works declared 3712 cents
quarterly common dividend; formerly
paid SO cents
United States Printing & Lithograph
passed quarterly preferred dividend;
paid rs cents October l.
Loft. Inc, November sales up 24.5
per cent; II months up Sc per cent.
Swift g. Co. common share earnings.
year ended october 81, was $137 in
Guiding profit on sale Of assets excluding
this profit; earnings were II cents a
share VS.. s2.08 in year ended November
!, 1880.
Kansas City Southern Railway Gn-
cludlng TeXarkana Fort Smith Rail-
way October net operating income off
44.4 per cent; IL months off 29.5 per
cent
Columbia Gas Electric-To nav
common dividends for limited period in
new 5 per cent convertible preferred
stock, creation of which shares is to be
voted on by shareholders; Standard Oil
OF New Jersey buys 80 per cent interest
in Atlantic Seaboard Gas Pipe Line
system.
Packard Electric declares rs cents
extra and rs cents quarterly common
dividends.
United Piece Dye Works-25 cents
quarterly common dividend: previously
paid SO cents quarterly.