Evening star., 1932-04-28
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, April 28.-The follow
ing is summary of important corpo-
raticn news, prepared by the Standard
Statistics Co., Inc, New York, for the
Associated Press:
The Companies.
Atlantic, Gulf & West Indies S. S.
Lines February net income of 885 per
cent; two months net loss $34,445. VS..
net income $276,684.
Bangor & Aroostook R. R. March sur
plus after charges off 212 per cent;
common share earnings quarter ended
March 81 S348, VS.. S422
Butterick Co.-Delineator advertising
lienage off 81 per cent in first four
months of 1882; salaries and wages re-
ouced 10 per cent further, which with
other economies, are expected to save
$500, 600 in current year
Chicago, Burlington & Quincy r. r.
March surplus, after charges, off 41.8 per
cent; common share earnings quarter
ended March 81 63 cents, VS.. $3.50.
Chicago, Rock Island & Pacific Rail
way March deficit after charges S572.-
900 VS.. surplus after charges S., 73O;
deficit, quarter ended March 81, 1892.
S2,59l ,097 VS.. deficit S237, 7,626.
Chicago, st. Paul, Minneapolis g.
Omaha Railway March net operating
deficit S22070 vs.. net operating income
4l,77O; three months net operating
deficit S183, 154 vs.. deficit $71,088.
Dominion Steel 8S Coal Corporation,
Ltd.-Coal miners turn down proposal
for 10 to 1919 per cent cut in wages.
International Hydro Electric System
first quarter net indicated at $1.O9 per
Class "A" share VS.. 73 cents; 1881
earnings approximate 1921 per Glass
"a share VS.. $4.30.
International Paper & Power Co.
earned around S500,000 in 1881 VS..
something over $4,000, 900 in 1880; bal
ance after charges, interest and sub
sidiary preferred dividends in first
quarter of 1882 will not quite cover de-
probation; president sees no hope of
resuming preferred dividend payments
this year
Macy (R. h Co. expects $1,25O,OOO
saving from wage cut.
McGraw-HiH Publishing Co. adver-
tising lineage down about 35 per cent
thus far in 1882
Northern Pacific Railway March net
operating deficit S299, ,086 VS.. net oper-
ating income S467 BOG; three months
operating deficit 81 1.374242 VS.. net op-
Grating income S406,203.
Superior Steel Corporation deficit,
quarter ended March 81, 1892, $3.50, ,644
VS.. deficit S144428
Vulcan Detinning Co. passes COM
mon dividend; paid so cents April 20,
1882, prior to which 81 was paid quar-
terly
American Machine & Metals deficit,
quarter ended March 81, 1882, $113,789
vs. deficit $83,00l.
New York Central Railroad March
lot ,.atf tf,,rr I'm eff
three months off % per cent.
New York Telephone March operat-
ing income off 25 per cent; three
months off ~ per cent.
Pittsburgh & Lake Erie Railroad
March net operating income off 500
per cent; three months off 56.8 per
cent.
Wheeling Steel Corporation deficit.
quarter ended March 81, 1882, 1923, 1876
VS.. deficit S628,623.
Youngstown Sheet & Tube deficit,
quarter ended March 81, 1882, $3,O57,-
1856 VS.. deficit 1922 909.
Air Reduction Co. common share
earnings, quarter ended March 81, 1892,
78 cents VS.. $1.21.
Briggs & Stratton common share
earnings. quarter ended March 81, 1882,
8 cents VS.. IS cents.
Westinghouse Air Brake Co. COM
mon share earnings, quarter ended
March 81. 1882, - cents VS.. 81 cents
Caterpillar Tractor output increased
to about 40 per cent of plant capacity
General Printing Ink common share
earnings, quarter ended March 81, 1882,
II cents VS. II cents.
New England Power Association total
k. W. h. production in first quarter up
18 per cent.
Shell Union Oil Corporation deficit,
quarter ended March 81, 1882, S2,742,-
sol vs. deficit s9,903,473; deficit year
ended March 81, 1882. $27,008,310 VS..
deficit $5,095,574.
Boston & Maine Railroad March
surplus after charges off 666 per cent;
prior preferred share earnings, quar-
ter ended March 81, 1882, 7 cents VS..