Evening star., 1932-10-16
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK. October 15-The fol-
lowing is today'S summary Of important
corporation news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
Building, Real Estate and Related Lines
Minneapolis Honeywell Regulator Co.
directors declared dividend of 25 cents
share on common stock: on August is
disbursement of so cents share was
made.
Coal and Coke.
Pittsburgh Coal Co.-Company has
recalled 300 employees to two mines and
employed an additional 200.
Electrical Equipment and Radio.
Western Electric Co., Inc-Loss in
first nine months estimated at S8000,-
900; currently operating at less than 20
per cent of capacity.
Household Products.
Eureka Vacuum Cleaner Co.-F. War
dell, president, says company will re-
sumo full production November l; Oh
ders on hand said to be sufficient for
more than two months full output; in
ventories exhausted: September sales 80
per cent in excess Of August.
Investment Trusts.
Railway & Light Securities Co. Del-
ALVAREZ net asset value September 80,
$1370 a common share vs.. S1361 on
December 81, 1881.
Oil.
Gulf Oil Corporation - Subsidiary.
Gulf Production Co., meets crude oil
price advance inaugurated by Sun Oh
Co., effective October is, 1882.
Phi11iDc PptrO1plln1 Cn-Tn establish
dve-day week starting November l, SAL
aries of employees receiving 500 a
month or less not to be reduced.
Socony-Vacuum Corporation - Mag
snolia Petroleum, subsidiary meets crude
Sprfce advances posted by other COM
'Hpanies; White Eagle Oil Co., controlled
'by this company, meets advance in mid
continent crude oil prices.
Railroad and Railroad Equipment
Freight car loadings week ended Oc-
tober totaled 625, ,636 cars, increase
of 1861 cars over preceding week, but
1882 cars under corresponding week
in 1881. Total for week ended October
new high for 1882. Decline from
1881 week was 18 per cent, or small
est for any week this year.
Chicago &, Northwestern Railway
September net operating income ap-
sproximately Is per cent below similar
,,month of 1881 August net operating
income was off about 40 per cent. F. w.
: Sargent. president, stated that upward
trend was being continued in october.
Retail Trade.
Fanny Farmer Candy Shops, Inc
September sales totaled $280,386, an
increase of 10 per cent over Septem-
ber, 1881.
United Retail Chemists Corporation
ON ma
dividend on preferred stock; last pay
ment was 87la cents share on July
is, 1882.
American Telephone & Telegraph Co.
common share earnings, 8 months
ended September 80. S5.92 VS.. s7,01;
new connections showing gradual gains:
long distance calls during the first nine
months were 20 per cent below CORE
spending period of 1881, but increases
in recent weeks have been better than
seasonal; dividends of 103,414,238 re-
oeived from affiliates during the nine
months were not earned by about sl8,-
100000; Western Electric nine months
loss estimated at 100000.
Detroit Edison Co. common snare
earnings, IL months ended September
80, Sc VS.. $685..
Niagara Hudson Power Corporation.
--Interconnection of las miles between
this companys system and that OF New
York Edison a division of Consolidated
Gas Co. of New York, has been placed
In commercial operation.
United Railways g. Electric OF Ba!tl-
more-Def1cit before income bond in
terest, eight months ended August 81,
1882, was s1,179,615; deficit after in
come bond interest for five months
amounted to $184,338 in corresponding
period of 1881.