Evening star., 1932-04-27
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK April 27-The follow
ing is summary of important corpora
ton news prepared by the Standard
Statistics Co., Inc, New York, for the
Associated Press.
News Trend.
The United States Steel Corporation
omitted the dividend on the common
stock, but declared the regular dividend
on the preferred stock This action was
not unexpected since Myron G. Taylor,
chairman Of the board of directors and
of the Finance Committee, had warned
stockholders that future payments on
the common depended on an improve
ment in earnings and the first quarter
results were far from encouraging.
Revenue freight car loadings in the
week ended April Is showed a sizeable
increase over the previous seVen-day
period.
Loadings totaled $685. ,729 cars, an in
crease of 2l.923 cars above the preced-
ing week, but 192,765 cars below the
corresponding week of last year. In
creases were reported for all COM
modities with the exception of mer-
chandise in less than car lots.
Crude oil production averaged 2,267 =
900 barrels daily, as compared with
2,181 $50 barrels in the previous week,
an increase of 86,250 barrels. The in
crease was almost entirely due to a
sharp rise in the daily output of
Oklahoma. Gasoline stocks at refineries
totaled 47,285,0 900 barrels, gain Of
$50, 900 barrels above the preceding
week.
The Companies.
Ainsworth Mfg deficit quarter ended
March 81, 1882, $49, 9,257, VS.. deficit S35,-
233.
Allis Chalmers Mfg deficit quarter
ended March 81, 1882. $3.50, 1895, VS.. net
income $482 2,807, equal to 80 cents a
common share.
Central Aguirre Associates current
crop may establish record; estimates at
about 10000 tons, VS.. los, ,289 tons in
previous season.
Chicago Great Western r. R. March
surplus after charges, OF 67.8 per cent;
deficit quarter ended March 81. $780,
431. VS.. net income $275,808, equal to
go cents preferred share.
Chicago, Milwaukee, ST. Paul & Pa
cif1c r. R March net operating income
off 74.6 per cent; months net operat-
ing income $7,l76, VS.. SI,705,912.
Commonwealth & Southern Corpora
tion March gross off 8.5 per cent: net
after taxes off As per cent; common
share earnings, IL months ended March
81, IS cents, VS.. SO cents.
Copper Range Co.. 1881, deficit before
depreciation and depletion $451 ,450, VS..
net income $104,841.
Delaware & Hudson Co., March net
operating income of Delaware g. Hud-
son r. R. off IA per cent; months net
operating deficit $125, ,381, VS.. net oper-
ating income $456,373.
Inland Steel Co. omits common diN-
dend; paid Is cents March /, and so
cents December /, 1881.
Jones & Laughlin Steel declared 81
preferred dividend; previously paid
$1.75 quarterly.
Missouri Kansas Texas Railroad
March deficit $295, 100 VS.. net income
STAB; deficit, quarter ended March 81,
S677, ,430 VS.. deficit $279, ,691.
South Porto Rico Sugar record cur
rent crop indicated; estimated about
100000 tons VS.. 279,000 tons in previous
season.
Youngstown Sheet l. Tube Co. cur
rent operations at 206 per cent of ca
pacity; averaged 1853 per cent in first
quarter.
American Ice Co. preferred share
earnings, quarter ended March 81, 1882,
81 cents VS.. 33 cents.
Atlas Powder Co. deficit, quarter
ended March 81, 1882, $79,230 VS. net
income $157,296 equal to 4 cents a
common share
Caterpillar Tractor Co. declares 1871
cents common dividend paid Is cents
February 90, 1882, prior to which so
cents was paid quarterly.
General Gable Corporation deficit
quarter ended March 81, 1882, $85OI69
VS.. deficit $697, ,965.
Hercules Powder Co. preferred share
earnings, quarter ended March 81
1882, rs cents VS. S1.89.
Pennsylvania Railroad March net
operating income off To per cent; three
months, off 107 per cent.
Sinclair Consolidated Oil-Sinclair
Refining Co. of Maine starts patent
actions against five companies.
Swedish Match Co. plant operations
cut to three days weekly.
United States Steel deficit, quarter
ended March 81, $13,2I8,54e VS.. net
income $6,765,057, equal to S cents a
common share.
Cerro De Pasco Copper 1881 deficit
$2,963, ,681 VS.. deficit Sl,986,836.
Chicago & Northwestern Railway lost
100000 to truck competition in
1881.
Island Greek Coal common share earn
ings, quarter ended March 81, 48 cents.
Deere 81 Co. declares 10 cents pre-