Evening star., 1932-09-18
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF

NEW YORK, September 1.-THE
following is todays summary Of i'm
po-tant corporation news prepared by
Standard Statistics Co. Inc New York.
for the Associated Press;
Advertising. Printing and Publishing.
Gibson Art Co, declared quarterly
dividend cf 25 cents on common stock;
on July ! paid 50 cents, prior TO which
IS cents was paid quarterly.
Automobiles and Trucks.
Graham Paige Motors Corporation
September production schedules in
creased substantially because of con-
tinued sales upturn.
Building, Real Estate and Related Lines.
American Radiator & Standard Sani-
try rporation-Tonnage shipments
continue from 30 to 80 per cent below
those Of preceding year.
Electrical Equipment and Radio.
Claude Neon Electrical Products Cor
poration, Ltd, declared quarterly divi-
dend Of 25 cents on common stock; pre-
viously paid 40 cents quarterly.
Westinghouse Electric & Manufacture
ing Co.-Loss in first nine months es-
timated at s6.00000O. billings in Au-
gust totaled s6,065 600 an increase Of
about s270,O03 over July. 1892 bookings
in August approximated s4250, 900.
against S5.653000 in preceding month:
untitled orders on September / we're
S32. 500 900. against about SAL 900 900
on January l. 1882.
Food Products.
General Baking Co.-Not expected ia
cover common dividend requirements Of
so cents snare in current quarter,
poundage sales of company are running
slightly ahead Of 1881, but dollar VOL
ume is lower.
Metals Non -Ferrous).
Aluminium Co. of America-SaleS
thus far in current year are about so
per cent of 1881 volume: current smelt-
ing operations are estimated at about
10 per cent Of capacity, which rate was
not expected to be increased this year
because of large aluminium inventories
on hand; September bookings are said
to be running only a shade better than
those for August and not at a rate
equal to normal seasonal gain for
month.
Miscellaneous
Eitingon-Schild Co. deficit six months
ended June so. s545.622. against net in
come 1920, 500.
international Products Corporation
deficit, six months ended June 80, S245,-
72S VS.. deficit s68,Os4.
Railroad and Railroad Equipment
Atlantic Coast Line Railroad July net
loss totaled Sl,l52,236 VS.. net loss $685.
179: seven months net loss s3,lao,036
VS.. net income $4217,386.
Florida East Coast Railway July net
loss s533608 VS.. net loss s492,l24; seven
months net loss sl,565,235 VS.. net loss
S795. .947
New York, New Haven e. Hartford
Rallroad-August deficit of company
at less than $500. coo VS.. def
cit of s595,495 in July, 1882; indications
are that September deficit will be
smaller than in August.
Western Pacific Railroad Corporation
July net loss of Western Pacific Rail-
road Co. was S2l5321 vs.. net loss Sl52,-
SAG; seven months net loss was 81.
o3l,16 VS.. net loss $1.880,632.
Retail Trade.
Interstate Department Stores deficit
six months ended June 30, $3.50, ,42o.
Steel and Iron.
United States Steel Corporation def.
cit for September quarter expected ID
Equal or exceed that of second quarter,
exclusive of extraordinary charges made
at that time; cash of company is be-
lieved to have been reduced to consid- (
erably under $4,000, 900; operations at
Farrell plant of American Sheet d Tin
Plate to be advanced next week TO high
est rate In several months: 20 mills to
operate Is eight-hour turns for week.
compared with IS previously.
Youngstown Sheet g. Tube-Part-tim
operations instituted at Campbell open
hearth plant after two weeks idleness.
Textiles.
Kayser Gulius) q Co. net income for
fiscal half year ended December 81
estimated at S150,090 vs. S20l $50 in
like half of previous year; unit sales
and dollar volume for current month
below figures for year ago:
plants OF company opera ing at capacity
with day and night shifts on a six-day-
week schsdule; expected operations
will run at this rate for next tive
and possibly until january /.