Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-15
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS.

NEW YORK, November IA (P).-The
following is today's summary of I'M
portant corporation news prepared by
Standard Statistics Co., Inc, New York,
for the Associated Press.
News Trend.
Stocks of refined lead at United
States refineries increased to 1876
tons during october, according to the
American Bureau of Metal Statistics.
This compares with 132,804 tons at the
end of September and 84,375 at the
end of october of last year. october
production by United States refineries
amounted to Al ,268 short tons, against
$4,000 in September, and $500 in Oc-
tober, 1880.
The Industries.
Observation-Disclosures Executive Asso-
citation accepts general principles CT
freight revenue pooling plan; to discuss
wage adjustment with labor leaders
within short time.
The Companies.
Burco, Inc, liquidating value Sep
TENDER 80, $49.77 a common share, VS.
S68 80 September 80, 1880.
Claude Neon Electrical Products
Corporation, Ltd, common share earn
ings, nine months to September 30
$196. VS.. $2.04.
General Notwithstanding ethyl
gasoline, to offer new anti-knock COM
pound for use in regular gasoline.
Hecla Mining-Expected to maintain
present dividend rate of 40 cents an
nually if prices of products go no
lower.
Horn g. Hardart Baking common
share earnings, year ended September
80, $15.4l, VS.. $1492.
International Utilities net income,
nine months to September 80, 1922 $50.
Lulum Steel deficit, nine months to
September 80, 8,347, VS. deficit $685.
O94.
Mackay companies September rev.
enues from land line operations OF
Postal Telegraph Gable Co., only ST.
148.147, VS.. $2273,885; net operating
deficit after taxes 1898, 504, VS.. net
operating income, $72, 467 nine months
gross. S19,707.182, VS.. $20,973, l87; net
operating deficit after taxes 81 ,853,OO9
VS. operating deficit S4l5,10l.
Memphis Natural Gas common share
earnings, II months to September 80
II cents.
Western Union Telegraph Septem-
Der gross as reported to l. G. c., of
17.6 per cent, net operating income of
1913 per cent; nine months gross Of
16.1 per cent, net off, 81 per cent.
Copper Range-Merger proposed with
st Mary's Mineral Land Co.
Exchange Buffet october sales off 90;
per cent; months off It's per cent.
Johnson, Stephens g. Shinkle Shoe
declared 25 cents quarterly dividend
paid 621h cents September l.
Nevada Consolidated Copper defci
before depreciation and depletion, nin'
months to September 80, $947,733 VS.
net income after depreciation but be
fore depletion, $2,529 ,851.
New York. New Haven e. Hartford
Railroad october net estimated arount
$4,000 VS.. 81 1903 POT actual net yea
ago.
Pitney BoweS Postage Meter common
share earnings before Federal taxes
nine months to September 30, 10 cents
YOUNGSTOWN Sheet & Tube operations
in YOUNGSTOWN district increased to 81
per cent of capacity VS.. 20 per cent las
week.
International Railways of Contra
America october gross income, S56,87'
VS.. S19O,503; 10 months, $l,7ll.l05 VS.
$2.543,242.
Jewel Tea-Sales. four weeks to DC
tober 81 of 1877 per cent; A weeks Of
- per cent, average number Of sale
routes in 44-week period, 1903 vs. "a
in 1880 period.
Loft, Inc. october sales up 27.1 pc
cent. 10 months, up 81 per cent.
New York Central Railroad common
share earnings, nine months to Sep
TENDER 30 95 cents VS.. $500.
Radio Keith-Orpheum - Stakeholder
asked TO vote on recapitalization plal
involving reduction of class A capita
stock by rs per cent and issuance o
debentures and new shares to raise Sill,
600 900 additional fumes: for each shar
owned present holders Of class stoc
will be given right to buy for SIS Xix
principal amount Of debentures AM
three quarters of share common stock
failure to subscribe would leave stock
holder holding only one quarter of mum
Der of shares now held a Stockhclder'
Protective Committee has been forme
TO oppose ratification.
Federal Water Service-Passed quar-
terly class A dividend; paid 80 per cen
September /.