Evening star., 1932-01-28
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, January 28-The fol-
lowing is a summary of important cor
poration news prepared by the Stand
ard Statistics Co., Inc, New York, for
the Associated Press:
News Trend.
Net operating revenues of the first
30 railroads to report for December,
1881, amounted to S16,42l 900, repre-
senting a drop of 40 per cent from $50
426,OOO reported in the similar month
of 1890 and was 569 per cent below
that of December, 1929. Gross income
of the same roads for December fell
only 225 per cent below levels of the
previous year and 381 under the cor
responding period two years ago. Out
standing among the individual roads to
report was Baltimore & Ohio. which
held it's declines we'll within the fore
going limits.
Electric output for the week ended
January % compared with year ago
was off ST. per cent to l,598,20l 900 kilo-
watt hours and represents the same
percentage drop reported for the pre-
Vious seven-day period. The Chicago
district registered a greater decrease in
the week ended January 25, when the
total was 102, ,464 900 kilowatt hours or
81 per cent below year ago, con-
trasted with a decline of ga per cent
in the preceding week.
The Companies.
American Woolen 1881 sales below
1880: plants operating at SO per cent
of capacity.
Artloom Corporation declared 81 divi-
dend on preferred stock, remaining rs
cents deferred; formerly paid SITS
quarterly.
Atlantic, Gulf & West Indies S. S.
SIS preferred share earnings, II months
to November 80, "a cents, VS. $3.50.
Central Railroad of New Jersey De-
cember net operating income up 40
per cent, IL months off Al per cent
ChildS Co. passed quarterly dividend
on preferred stock; paid sl.75 Decem-
Der 10, 1881.
Interstate Hosiery Mills declared 40
cent semi-annual dividend; paid 80
cents January 2, 1880; has Cancelled
1l.281 shares of stock.
Lands Machine 1881 common share
earnings 81 VS.. 1914.
Pittsburgh g. Lake Erie Railroad
December net operating income off 46
per cent. II months off 55.4 per cent
Seaboard Air Line Railway Decem-
Der net operating income off 80.2 per
cent. II months off 55.8 per cent.
Atlantic Refining disposeS of interest
in Iraq Oil to other members Of Amerl-
can group represented in Near East
Development Corporation.
Chicago Great Western Railroad
1881 preferred share earnings Sl.95 VS..
1884
Chicago & Northwestern Railway
December net operating income of 8l.7
per cent, IL months off GAL per cent.
Connecticut Power 1881 net income
before depreciation. interest, etc, ST.
257,000 VS.. $2,213,000.
Fairbanks, Morse & Co. passed quar-
terlv dividend ION preferred stock; paid
SITS December /, 1881.
Hudson g. Manhattan Railroad 1881
common share earnings $3.44, VS.. S469.
International Great Northern Rail-
road December net operating dehclt
s25.72O, VS.. deficit $78,6l9; 12-month
net operating income S2,408,l14 VS.. net
operating income S727.783.
Lehigh Coal g. Navigation 25 cents
quarterly dividend; previously paid 80
cents.
Missouri Pacific Railroad December
net operating income off 59.6 per cent;
IL months off 19 per cent.
New orleans, Texas & Mexico De
cember net operating income off 7l.6
per cent: II months off SOL per cent.
Northern Pacific Railway December
net operating income up 9 per cent;
II months off 524 per cent; earned
about $3.50 per share in 1881, including
SIS 100000 special dividend of Northwest
Improvement Co.; excluding latter
earned $1.57 share.
Stone g. Webster Inc. declared rs
cents quarterly dividend; paid so cents
October Is 1881.
American Ice Co. declared three
quarterly dividends of Sl.50 each on
preferred shares; declared 81 extra and
S1.50 quarterly dividends on common
and common B stocks.
Chicago g. Eastern Illinois Ry. De-
cember net operating deficit, Sl57 1854
VS.. deficit S4,S15,441, after $4,700,000
for equipment retirement; II months
net operating deficit $l,700,501 VS.. oper-
ating deficit. $5,505,969.
Rutland r. R., December net oper-
ating deficit. S5,547 VS.. net operating
income, S30,399; IL months net oper-
ating income, S254,242 VS.. net oper-
ating income $606,l40.
Savage Arms-Defers quarterly divi-
dend on second preferred stock; paid
sl50 November Is, 1881.