Evening star., 1932-01-20
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

uuCIlOn III Clle week eIlueO january l6
rose more than per cent to 26 per
Jones & Co. This compares with Is per
cent in the previous week, az per cent
two weeks ago, and 44la per cent in
the corresponding week of last year.
Due to 40,l00-barrel decrease in the
daily output in Oklahoma. the daily
average crude oil production in the
United States during the week ended
January Is declined 40,750 barrels. Ae-
cording to the weekly report Of the
American Petroleum Institute, the ave-
rage daily output was 2193,450 barrels
against 1924, 200 barrels in the preced-
ing week Gasoline stocks at reflneries
increased 747,000 barrels TO 1885, 900
barrels
Revenue freight car loadings for the
week ended January 8 totaled 572,504
cars, which compares with 503,325 cars
In the previous week and 713,128 cars in
the like 1880 week according to the
American Railway Association. In
creases were reported In all commodi-
ties.
The Companies.
Brooklyn Manhattan Transit common
share earnings, six months to Decem-
Der 81, 1888 VS.. $370.
Brooklyn & Queens Transit common
share earnings, six months to December
81, 80 cents-same amount earned year
ago.
Consolidated Oil Corporation to pay
bankers 100000 for services in con-
nection with merging of Sinclair Con-
solidated Oil, Prairie Pipe Line and
Prairie Oil & Gas.
Glidden Co. unit sales in first two
fiscal months above year previous.
Libbey- Owens Ford Glass stepping up
ford operations to be increased to so
per cent of capacity.
Alaska Juneau Gold Mining-Ore
milled during 1881 Appropriated 4,162,-
$50 tons VS.. 1924, AGO in 1880 and s.
336, 440 in 1929.
Collins g. Aikman, Inc.-Dollar sales
volume off moderately and yardage
sales slightly lower in current fiscal
year; dollar sales Of carpet. division up
over so per cent.
Eastman Kodak Co, producing cellu-
lose acetate wrapping material.
Ford Motor new cars expected to be
ready about March /.
Inland Steel plants operating near
"a per cent of capacity.
Lehigh Valley Railroad shopmen,
maintenance employees and clerks will
ing to take 10 per cent wage cut; man
agement not to put through cut until
completion of Chicago negotiations.
Revege Copper & Brass omits pre-
ferred dividend; paid $l75 November l.
Scott Paper 1881 net sales up 3.9
per cent; tonnage up Is per cent.
U. S Steel plants operating at 26
per cent of capacity during week ended
January 1S, VS. "a per cent in preceding
week, % per cent two weeks ago, 4S
per cent in like week of 1881 and 70
per cent In 1880 period.
Warner Bros. Pictures-Operations
of Brunswick Radio at Muskegen sus-
pended for indefinite period.
Poole Engineering & Machine-Two
receivers appointed for company in
bankruptcy action.
U. S. g. International Securities ac-
quires 10000 United Light g. Power
Glass B shares, representing voting
interest Of about 1913 per cent, from
American Commemorative Power un-
der contract made in connection with
a S3,000,000 loan to latter.
Virginia Iron, Coal & Coke 1881 net
income $1l0,354, equal to 10 cents
common share, VS.. deficit S36,530.
Acme Steel 1881 common share earn
ings, S1.08, VS.. $2.74.
Cavanagh-Dobbs Inc, deficit, year
ended october 81, $9so,645, VS.. deficit
$592,672.
National Biscuit 1881 common share
earnings S286, vs. s341.
Philadelphia Rapid Transit-To make
further cut Of 13 per cent in salaries
of $4,000 per annun and up; saving to
company about $4,000 annually; addi-
tional savings of s247,000 effected
through consolidation of departments.
Standard Oil of New York increases
tank-wagon and service station gaso-
line prices u cent gallon.
Sun Oil increases tank wagon and
service station gasoline prices l cent
gallon in New England States.
Tampa Electric declared Sc cents
quarterly cash common dividend; has
been payiny so cents quarterly in cash
and per cent semi-annually in stock.
Marine Midland Corporation 1881
common share earnings S1.42, VS.. $1.51:
Mississippi River Power preferred
share earnings, II months to November
80, 1884, VS.. s21.9S.
Union Electric Light g. Power of
Illinois preferred share earnings, IL
months to November 30. $24.3o.
Union Electric Light 81 Power
(Missouri) combined preferred share
earnings. IL months to November 3o..
S7414, VS.. S74.67.
Associated Gas & Electric, subsidi-
arv Electric a. Gas Utilities, acquires
Scioto Valley Railway g. Power through
exchange of securities.
Prudential Investors net asset value
December 81, 1881, s5.1s common
share, against s13.4o December 81, 1880.
d Sterling Securities 1891 net income,
excluding loss on sale Of securities,
ss72, 2,006, against net income. tnclud-
ing profit on sale Of securities.
$3.50, ,583.
warner Bros. Pictures took no &C
tion on preferred dividend: paid s614
cents December !.
Hamilton Gas--Two receivers ap-
r,oir,tad t,u INiaf H,f1t.f Hxfilf,ni