Evening star., 1932-10-26
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATION

NEW YORK, October 26.-The fol-
lowing Is todays summary Of important
corporation news prepared by Stand
ard Statistics Co.. Inc, New York, for
the Associated Press:
Aircraft.
Western Air Express Corporation
Revenue passengers carried in Septem-
ber totaled 754 VS.. 569; nine months
revenue fares were 5,406 vs. 1886; mail
carried in September numbered 1852
pounds VS.. IS, ,496 pounds in August.
Automobiles and Trucks.
General Motors October
Cadillac-La Sale sales are expected to
exceed either August or September.
Peerless Motor Car Corporation de-
clared a cash distribution of so cents a
share: paid 81 a share in cash on
May IA
yellow Truck g. Coach Manufacturing
deficit, nine months ended September
80, s2,343.9l9 VS.. deficit 81 $685. 1852.
Automobile Parts and Tires.
Briggs & Stratton Corporation COM
mon share earnings, nine months ended
September 80, cents VS.. s109.
Mullins Manufacturing Corporation
deficit, nine months ended September
80. 1858 VS.. net income slo1,588.
Trico Products Cor,. common share
cravings. months ended September
80 s1.99 VS.. S3.93.
Coai and Coke.
Island Creek Coal Co. common share
earnings, months ended September
80. 80 cents VS.. Sill.
Pennsylvania Coal g. Coke deficit. 9
months ended September 80, S248, ,446
vs. deficit s225,328.
Electrical Equipment and Radio.
Stewart Warner Corp. deficit, 8
months ended September 80, $1,684 ,094
VS.. deficit sl,0l2,315.
Machinery.
Allis- Chalmers Manufacturing deficit.
9 months ended September 80, S2,349,
694 vs. net income, s1,212.774. Untitled
orders as of September 80, were S.,
882, ,843 vs. s7,136,087 on June 30, and
s7,sl5,08S on September 80. 1881.
Office and Business Equipment.
International Business Machines
common share earnings, months ended
September 80. s7.16 VS.. $8.40.
Railroad and Railroad Equipment.
Ann Arbor Railroad September net
operating income was $500, VS.. deficit,
$l4,840; nine months net operating
deficit. s30,843, VS.. income, s39,982.
Chesapeake Corporation - Common
share earnings, nine months ended
September 80, S2.55, VS.. $2.75.
Chicago & North Western Railway
Deficit. nine months ended September
80. s9,298,629, VS.. deficit. $2,829,875.
Lehigh Valley Railroad-Deficit, nine
months ended September 80, $3,999, ,927,
VS. deficit. 81 .865,9l9.
Norfolk & Western Railway-Declared
regular quarterly dividend of 81 on
common stock. but passed 81 extra
dividend usually distributed in De-
cember.
Pere Marquette Railway-Deficit. nine
months ended September 80, $2,498. .463,
VS.. deficit. s1.594,498.
Seaboard Air Line Railway-Septem-
ber net operating deficit was S27,567, VS..
income, $4,956; nine months income
was s52,244, VS.. income, 81, ,469,50
Grating income S259,473, VS.. deficit
$333,657; nine months net operating
deficit $685. 5,09l, VS.. income S1,015,958.
Retail Trade.
F. & w. Grand 5-10-25 Cent Stores,
Inc.-Debenture trustee starts suit
against F. & w. Grand Properties Cor
portion, subsidiary. alleging default Of
interest payment due June is on 6 per
cent debentures.
Steel and Iron.
Inland Steel Co.-Deficit, nine months
ended September 80, $2,209,111, VS.. net
income $1,496,796.
Republic Steel Corporation-Deficit
nine months ended September 80, So
640,47l, VS.. deficit $5,512,975.
United States Steel Corporation de-
clared regular quarterly dividend of
SITS share on per cent preferred
stock; deficit for ninth months ending
September 30 was $54, ,542, ,431, VS.. net
income of $17,343,543, or $4.81 a pre-
ferred share. Latter included $14,321,-
932 special income Cash and Govern
ment securities of company on Septem-
ber 80 totaled $130, 733, 900, VS.. $157, ,467,-
900 on January l, 1882; operating rates
in third quarter ranged between 11.8
per cent and 1862 per cent; inventories
of company have been reduced by about
$36, ,000, 900 since start of year.