Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-06-12
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, June LINE IOiloWlIle
Is todays summary Of important cor
poration news prepared by Standard
Statistics Co.. Inc, New York, for the
Associated Press:
The Industries:
Mining-Rand gold output in May
totaled 965,000 fine ounces VS.. 949, COO
in April and $4,000 in May, 1891.
OilACalifornia committee for equit-
able curtailment asks for increase OF
Is cents barrel in price of crude oil
The Companies:
Arizona Power 1891 preferred share
earnings, S462 VS.. 1928
Butler Brothers-Dollar sales OIL ID
per cent in first five months; unit sales
up per cent; earnings making better
showing than a year ago.
Capital Traction Co. declared 25
cents common dividend; previously paid
so cents quarterly.
Clark ID. L. Co, declared 1872 cents
quarterly common dividend; previously
paid Is cents quarterly
Electric Auto-Lite Co.. declared 20
cents common dividend; previously paid
81 quarterly; first half earnings ex-
pected to exceed ST a common share.
First National Stores-Sales four
weeks ended May % off 80 per cent.
Kroger Grocery & Baking-About
800 stores of company subject to new
ST. Louis chain store tax Of $3.50 per
store.
Lit Brothers deficit, year ended
February /, 1892, $685., 422.
Murray Corporation of America
Auto frame mill operating at capacity
ON Ford business: body division operat-
ing at so per cent Of capacity.
National Steel Corporation earnings
80 far this year have exceeded dividend
requirements.
Pacific Telephone & Telegraph April
income off l.3 per cent: four months
gross off SO per cent. and net operat-
ing income off 1874 per cent.
United American Utilities 1891 deficlt
S347919 vs. net income s246.7l9, equal
to II cents common share
Taggart Corporation-Passed quarter
ly dividend on preferred stock; paid
SITS on April /.
Western Union Telegraph April net
loss was Sl8,871 vs.. net income $968,3l5
a wear previous: four months net in
come was S69,2l7 VS.. net income 81
228,5OO
Imperial Oil Ltd-Business thus far
in current year Is below like 1881
period.
Standard Oil New Jersey Reduces
retail tank-wagon gasoline price i2-cent
a gallon.
Gulf Oil Corporation. subsidiary Gulf
Refining Co.. marks up bulk gasoline
prices 14-cent a gallon
Reed &c. A. Co. class B share earn
ings, year ended April 80, 1882. 26 cents
VS.. SIPS.
st. Regis Paper passed quarterly pre-
ferred dividend.
Chicago Railway Co.-Employes OF
Chicago surface lines agree to 8 per cent
wage reduction. effective June /.
Tri-Continental Corporation has &C
quired control OF Broad Street Manage
ment Corporation
Kentucky Utilities net avsilable for
retirement and dividends. IL months
ended March 81, 1882, S2,026,206 VS..
Sl996257.
Ohio Oil Co May pipe line deliveries
Of Illinois Pipe Line Co. up % per cent
five months off 1877 per cent.
Buckeye Pipe Line May pipe line de-
liveries off EOS per cent; five months of
So per cent.
Consolidated Film Industries omits
quarterly preferred dividend; paid SO
cents Anril l, 1882; salaries substan-
tally reduced
Eureka Pipe Line May pipe line de-
liveries off % per cent; five months
off 12.5 per cent
Indiana Pipe Line May pipe line deliv-
cries off Is per cent; five months off
8.5 per cent.