Evening star., 1932-11-17
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, November 17.-Follow-
ing Is today's summary Of corporation
news prepared by Standard Statistics
Co., Inc, New York, for the Associated
Press.
Aircraft.
Aviation Observation-Disclosures Of
company, acting on request Of Cord
Corporation, have called special meet
ing Of shareholders for December FL
to vote on increase in directorate from
35 to So; proxies are sought by man
agement, which opposes the increase,
and by Cord interests.
Automobiles and Trucks.
General Motors Corporation-Chev-
rolet working force enlarged substan-
TALLY in last few weeks; pay roll at
main plant in Flint totals 5000.
Automobile Parts and Tires.
Raybestos Manhattan. Inc.-Deficit,
nine months ended September 80, $685.
$40 vs. net income, s666,135.
Building, Real Estate and Related Lines.
Walworth Co-Deflcit, nine months
ended September so, $829, ,354 VS.. deficit,
81 ,459,379.
Coal and Coke.
Lehigh Valley Coal Co.-Interstate
Commerce Commission has authorized
Lehigh Valley Railroad to borrow
$4,000, 900 from Reconstruction Finance
Corporation to assist company in meet
ing $685., 900 January l, 1888, bond
maturity. Bonds are guaranteed by
Lehigh Valley Railroad.
Food Products.
Coca Cola International Corporation
declared regular quarterly dividend OF
$3.50 on common stock, but omitted
usual IS cents extra dividend.
western Dairy Products Co. deficit,
nine months ended September 80. $44,-
1888, VS.. net income 1851, STA.
s Machinery.
Caterpillar Tractor Co. deficit, 10
months ended october 81, $944,32l.
Miscellaneous.
Lehn g. Fink Products Co. Bloom
field plant operating beaween so and 10
per cent of capacity and Is expected to
continue at that rate for some time.
Oil.
North Central Texas Oil net income,
nine months ended September 80, $685.
zOl, VS.. denclt SZ,4o5.
Pure Oil Co. reported planning pipe
line between Toledo and Detroit; would
cost about $5Oo,oOo.
Paper and Paper Products.
Abitibi Power g. Paper Co., Ltd.--Per-
manent liquidator named for company;
claims for about 100000 ranked ahead
Of those OF sbondholders.
Great Northern Paper Co. declared
quarterly dividend of 40 cents; pre-
viously paid so cents quarterly.
Railroad and Railroad Equipment. &.
Canadian Car g. Foundry Co., Ltd,
deficit before depreciation, year ended
September 80, $73o,037, vs.. net income
S761 ,433.
National Railways of Mexico septem-
Der deficit after charges was 1881 1892;
9 months surplus after charges was
$536,417. Figures in Mexican cur
rency)
Wabash Railway receivers ask ]. @.
G. to approve q further loan Of 81, $780,
900 from r. F. c. to pay principal and
interests on equipment trust issues.
Tobacco.
Porto Rican-American tobacco deficit,
nine months ended September 80,
$l47,598.
Utilities
American Water Works q Electric
Co. electric output of subsidiaries in
October off 20.4 per cent; 10 months
of 2O.6 per cent.
Cincinnati Street Railway common
share earnings, 10 months ended Octo-
ber 81, $1.20.
Cities Service Co. gross revenues, IL
months ended October 81, OF 90 per
cent, net available for stocks and re-
serves was of lis per cent.
Electric Bond & Share Co. declared
usual quarterly dividend Of l "a per cent
in common stock on common stock;
in future directors viii consider COM
mon dividend annually instead Of
quarterly; cost Of services rendered
affiliates to be determined by Federal
poxIrnr. Corn KnnieEinHa accountant