Evening star., 1932-11-13
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

BY the Associated Press.
NEW YORK, November 12-The fol-
lowing is today's summary of important
corporation news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
Advertising, Publishing.
McGraw-Hill Publishing deficit. nine
months ended September 80, S131,9 ,94I
VS.. net income, 1851 ,034.
Aircraft.
Aviation Corporation - President
shortly to ask for proxies from share
holders; expects injunction against
merger with North American Aviation,
Inc, will be lifted at which time plan
will be submitted to stockholders.
Automobiles and Trucks
General Motors Corporation-New
1893 Chevrolet line to be brought out
shortly embracing a larger wheelbase
and extensive changes in body design
and with prices adjusted to present day
incomes: stocks of 1882 cars IN dealers
hands were reported less than three
be at lowest price since 1925.
Automobile Parts and Tires.
Budd Edward g. Manufacturing
Co.-Reported to have obtained con-
tract for bodies from Chrysler Corpora
ton.
Dawson Chemical Co.-Nine suits. to-
falling $4,000. have been filed against
company by holders Of notes of Silica
Gel Corporation; plaintiffs alleged COM
pany guaranteed the notes, which were
due october /. 1882, and that payment
had not been made.
Electrical and Radio.
General Electric Government in
sists on elimination Of inter-company
stock ownership in antitrust action
against this concern, Westinghouse
Electric & Manufacturing and Radio
Corporation of America.
Food Products.
American Chicle Co.-Declared usual
extra dividend of Is cents and quarter
ly dividend Of so cents.
Hires (Charles E) Co.-Class A share
earnings, year ended September 30,
1888 VS.. $649.
ACAbhCA dAd DLOcS.
Hamilton Brown Shoe Co-October
shipments were up 20 per cent over like
1881 month.
Oil.
BarnSdall Corporation. Reported ne
gotiating for acquisition of Lion Oil Re-
flning Co.
Consolidated Oil Corporation.-Bond
Holders Committee Of Pan American
Petroleum are reported to be in favor
of this companys ocer for properties
Of Pan American and Richfield Oil in
preference to offer made by Standard
Oil of California.
Standard Oil Co. New Jersey Sells
alcohol business to Standard Alcohol
Co., new company, thereby ending
patent litigation with Petroleum Cheni-
cal Corporation which concern with
National Distillers Product Corporation
holds substantial interest in new COM
pany.
Railroad and Equipment.
Loadings of revenue freight in week
ended November 5, totaled 588, 1888 cars,
decrease of 29,259 under preceding
week and 128,665 under like 1881 week,
according to American Railway Associa-
ton.
Chicago, Milwaukee, st. Paul g. Pa
cific Railroads-Prelimina figures in
dicate net railway operating income Of
100000 for october VS.. $l,179,977 in
1881 month.
Minneapolis g. st. Louis Railroad de-
ficit, nine months ended September 80,
$2,713,625 VS.. deficit S1,575,121.
Retail Trade.
American Stores Co. sales, four weeks
ended October 20, of 1875 per cent; 10
months, off 15.5 per cent.
Drug Inc, common share earnings,
nine months ended September 80, $3.01
against 1892.
National Tea Co. sales, four weeks
to November 5, OF 20.8 per cent; A
weeks, OF 1872 per cent.
Steel and Iron.
Ludlum Steel Co. deficit, nine months
ended September 80, S242,026 against
deficit s3a,347.
Spang, Chalfant & Co. deficit, nine
months ended September 80, $639,087
against deficit s49,327.
Textiles.
British Celanese, Ltd.-Earnings since
beginning Of current financial year are
said to have been substantially above
those of year previous.
Tobacco.
Imperial Tobacco Co. of Canada,
Ltd.-Reduced prices Of its popular SELL
ing brands Of cigarettes.
Utilities.
Associated Gas g. Electric Co. net
income available for interest on junior
obligation which are convertible into
stock, IL months ended September 80,
$4,332,395.
Manhattan Railway-N. L. Arnster
elected president Of company, succeed
ing william Roberts; L. N. Straus made
vice president
U. S. TREASURY CERTIFICATES
(Reported by Chas. D. Barney Coz