Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-28
CORPORATION
REPORTS
TRENDS AND PRosPKcTS OF
LEADING ORGANIZATIONS

L Il
~ the Associated Press.
NEW YORK, April 28.-The follow
ing Is q summary Of important corpora.
ton news prepared BY the Standard
Statistics Co.,. Inc, New Yegk, for the
Associated Press.
News Tread.
Railroad reports Of March net or-
Grating income were received In largo
numbers yesterday. The aggregate Of
Al roads showed decrease Of 1871 per
cent from the same month Of 1880,
whereas the same roads In February
showed q drop Of 52.2 per cent. Thus
there appears 70 b confirmation at the
opinion expressed by many early In
April that the March figures would
make q better comparison with 1880
than did the February hgufes.
The Companies.
Bethlehem Steel acquires LuyiA in
terest IN Eastern steel.
Observation-Disclosures Transit account
ing suit TO have company reduce claim.
GU Uc11Gxt " @osoS1sV@V aHa0AA - -S&3uAt w
transit commission counsel 70 lower
unification price for ecmpany's linss
National Service Co.'S March sales
up Is per cent.
Northern States Power (Dell. gross
earnings, IL months endsd February 40,
up 1.3 per cent; net after taxes on IL
per cent.
Powdrell g. Alexander STU cents
quarterly common dividend: paid 80
cents in preceding quarter.
Southern California Edison March
gross oil Oh per cent; net after taxes
on IS per cent; 3 months gross up 0.3
per cent; net after taxss up 0.S per
cent.
warren %. d. Co. passes quarterly
common dividend; paid SITS Fehru.
airy Is.
Fashion Park Associates March net
sales on lis per cent.
Pennsylvania Railroad March net OPP
Grating income on AIS per cant: .
months OF 5z.3 per cent.
American La France 81 Foanaite Cor
poration March quarter deficit 9iS2,9ei
against deficit $66.322.
Ann Arbor Railroad March net op-
Grating income on Ill per cent;
months of SGT per cent.
Auto Sales Corporation March quar-.
VCL dCA@Ab ~4V,OOO &8D&AA9t 0U&AGAh @ANsSVJs
British American Tobacco Ltd,
Chinese government reportsd eonsideR.
ing cigarette monopoly,
Buffalo, Rochester d Pittsburgh Rail-
way arch net operating income Oh $50
per cent: months OF IS per cent.
Chicago. Indianapolis d Louisville
Railway March net operating income
Oh $50 per cent; . months Of TAI
Chicago. Milwaukee. ct. Paul d
Pacific Railroad March net operating
income Oh Is per cent; ; months Oh
38.1 per cent.
Chicago Pneumatic Tool March quar-
ter preference share earnings cent
against % cents.
Chicago Rapid Transit - Supreme
Court accepts Jurisdiction in appeal Of
City Of Chicago from lower court de-
cision granting company an injunction
against an order Of Illinois Commerce
Commission prescribing rates Of fare.
Chicago. Rock Island g. Pacific Rail-
way March quarter deficit 1921. 626.
IS cents q 81 preferred share in 1880.
Denver g. Rio 0rande Western Rail-
road March quarter deficit $289, 20l,
against net income $s,762, equal to 8
cents preferred share in 1890,
Dubilier Condenser Corporation
Government loses patent suit in which
1t contended patents obtained from
Government employees should be turned
back to Government.
General Printing Ink March quarter
common share earnings II cents, against
81 cents.
Mullins Manufacturing March quar-
ter net income $29, 70l, equal to $103
preferred share, against deflcit $29,5le
In 1890.
Nashville, Chattanooga a. st. Louis
Ry., March net operating income, on
36.5 per cent; 8 months, on 57.9 per
cent.
Philadelphia Co. gross earnings, II
months to January 81, OF 81 per cent;
net earnings before depreciation on SO
per cent.
Standard Gas g. Electric gross reve-
nues, IL months, to January 81, OF Is
per cent; net earnings before depreci-
alton on IL per cent.
Thompson Products operating at
about 80 per cent Of capacity; replace
uient sales reported satisfactory.
Tn-Utilities Corporation, 1880 COM
mon share earnings, 1901 against 1851.
Loew's, Inc, net income before sub
salaries preferred dividends, 20 weeks,
to March 81. $e.s7s,seo. against
Atlantlc Coast Line Railroad, net
operating income, OF 14.7 per cent; 3
months, OF 1871 per cent.
Bangor & ArooStook Railroad March
net operating income, $3.50, 335, against
S405, 791; surplus after charges, $288, 1855,
against $340,2i2.
Buffalo & Susquehanna Railroad,
March net operating income, oil 34.S
per cent; months, on s.6 per cent.
Central States Power & Light, 1890
preferred share earnings before Federal
Taxes, 1919, against 5000.
Chicago, Burlington q Quincy Rail-
road-March net operating income Of
1873 per cent; three months, on 20.6
per cent.
Consolidated Cigar-First quarter net
expected to show little change from
similar 1890 period.
Florida East Coast Railway-March
net operating income $325,522, against
$685.. OBS: three months, $eo6,466. against
$1,47S,2 76.
Ford Motor COMO wage cut con-
templated; 80 per cent Of employees on
5-day week, 18 per cent on 4.day and
so per cent on 30-day
Interlake Iron Corporation-March
quarter common share earnings cents,
against cents.
Midland Royalty-1930 common share
earnings 80 cents, against 81 cents.
Montgomery Ward-Expenses reported
reduced TO minimum; sales volume to
govern future earnings trend.
Ohio Seamless Tube omtts common
dividend; paid Is cents February is.
Pere Marquette Railway-Interstate
Commerce Commission expected to issue
earnings reGsptuye order shortly. d.