Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-16
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, November 16.-The fol-
lowing is a summary of important cor
poration news prepared by the Stand
ard Statistics Co., Inc, New York, for
the Associated Press:
Weekly News Trend.
Although the stock market turned
downward last week, the decline was
not unexpected, as a technical reaction
was entirely in order. No untoward in
cidents occurred in the domestic in
dustrial and financial situation to az
feet the trend of prices one way or the
other. The actual movement Of the
market as indicated by our price In
dex for 80 stocks, showed q decrease
of So points, dropping from 90.3 on
November to ISL on November ID,
with all three groups moving to lower
levels.
The bond market also experienced an
adjustment OF prices. United States
Government issues reacted on Monday,
although the general list continued for
another day the steady advance that
had been in evidence for over week.
This decline eliminated only small
part of the recent gains and leaves the
general level of prices still substantially
ABOVE the lows lot LIE year.
The Companies.
Callahan nc-Lead-Deficit before
depreciation and depletion. nine months
to September 30, S45,079 VS.. deficit
S45.172.
Generals Motors-October retail sales
by Chevrolet dealers TO consumers to-
tailed 1921 units vs.. 1854 in Septem-
Der and 1854 a year ago; Buick cur
rently producing 425 units daily for
five and one-half days week; indicated
November output around 5000 cars VS..
5,0l2 in October.
Louisiana Oil Refining-Deficit. nine
months to September 80, 81 ,521.728 VS..
net income before Federal taxes, SIT, 1913,
equal to 81 SO a preferred share.
Pittsburgh e. Lake Erie Railroad
Common share earnings, nine months
TO September 80, 1854 VS.. SIS "a.
Rutland Railroad - Deficit, nine
months to September 30, s48.857 VS.. net
income S240,ll2, equal to $3.50 a pre-
ferred share.
Coco Manufacturing opera
tons reported on profitable basis; out
put about $4,000 tubes daily.
International Paper g. Power sub
sidiary International Paper. mentioned
in reported merger negotiations with
Consolidated Paper. Canadian Power e.
Paper and other Canadian newsprint
concerns: plan for segregation of
United States Water Power properties
of International Paper.
Southwestern Gas &c Electric net
earnings before retirementS three
months to September 80, $72S,087 VS.
SAT- ,874; II months, S2,l6l 400 VS.. ST.
465 ,120
STANDARD Oil of Kentucky marks up
of
throughout Northern Kentucky
Warner Bros. Pictures arranging
contract with American Record for
manufacture and distribution of Bruins
wick records heretofore made by Bruins
wick Radio subsidiary.
Central e. Southwest Utilities Octo-
Der electric sales (KWHD off ga pei
cent.
Federal Water Service class A share
! earnings, II months to September 80
S297 VS.. 1888.
Real Silk Hosiery Mills-Plants op-
| Grating at 90 per cent of capacity,
| Truscon Steel-OmisSion of customar.
| 6 per cent annual stock dividend fore
cast; business to govern cash disburse
ment.
Vadsco sales deficit. 8 months t.
September 80, SGT ,339 VS.. deficit 500, $50
Western Auto Supply October sale
of 1872 per cent; 10 months off 10 pc
cent.
Coty Incorporated common shar
earnings, 9 months TO September 80
40 cents VS. IS cents.
Detroit Edison common share earn
ings. II months to october 81. $40
VS.. 1891.
Fashion Park Associates October ne
sales of io.7 per cent; 10 months OF
20 per cent.