Evening star., 1932-06-30
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW 1OfLh, JUNE ob.- 1llC AolAOH
ing is today's summary of important
corporation news. prepared by Stand
ard Statistics Co, Inc, New York, for
the Associated Press;
Automobiles and Trucks.
Automobile production in the United
States and Canada during May totaled
193,37O units, compared with 155, 1885
in April and 329 ,901 in May, 1881, ac-
cording to reports to Department Of
Commerce.
Electrical Equipment and Radio.
Westinghouse Electric & Manufac-
turing, passed quarterly dividend OF
common stock; paid IS cents on April
80 and 6212 cents in each of the two
preceding quarters.
Food Products.
Wrigley (Willam), Jr., Co, declared
four monthly dividends of 25 cents
each, payable August /, September /,
October l and November /; formerly
paid so cents on September l.
Household Products.
Altorfer Bros. omitted quarterly divi-
dend on So preferred stock paid rs
cents. February l.
Leather and Shoes.
Endicott johnson Corporation deficit,
six months ended June 4. 1892, S4,5S0
VS.. net income of $1,333,753 in six
months ended July 3, 1881.
Machinery.
Curtis Manufacturing deficit. year
ended May 81, 1882, $48,225 VS.. net in
come, $329,35
Metals Non -Ferrous).
American Smelling g. Refining cuts
price of lead 5 points TO 2.95 cents a
pound.
Bunker Hill &, Sullivan Mining &
Concentrating Co.-Profit before depre-
citation and depletion in five months
ended May 81 was SLOT $50, compared
with $475,869 In 1881 period.
Mcintyre Porcupine Mines, Ltd
President states annual dividend rate
will be increased to $3.50 per share
from 81, with possibility of bonus at the
end of fiscal year.
Railroad and Railroad Equipment.
Norfolk Southern r. R.-May net op-
Grating deficit, $68,958 VS.. net operating
income, S3,864: five months net operat-
ing deficit, S271, ,104 VS.. net operating
income, $42,911.
Retail Trade.
Lut Bros. deferred action on quar-
terly dividend ON cumulative preferred
stock; paid $l.50 April /.
Shipping and Building.
Atlantic, Gulf e. West Indies Steam
ship Lines April deficit $l76,0 OPT VS.. net
profit $454; four months, net loss $685.
942 VS.. net profit $410,S47.
Theaters, Etc.
Loew's Inc. Metro Goldwyn- Mayer to
produce 48 feature films in 1928 sea-
son.
Paramount Publix Corporation had
deficit of $2,450.911 in three months
ended April 2, 1882, after providing q
$3, ,556, ,283 reserve for depreciation VS.
net income of $3,5l5,652 IN quarter
ended March 81, 1881.
Utilities.
American Water Works & Electric
gross revenues, IL months ended May
81, off 9.5 per cent; surplus after
charges off III per cent.
Consumers Power gross revenues, l.
months ended May 81, off 81 per cent;
net after taxes off 2.3 per cent.
Eastern Utilities Associates gross
revenues. IL months ended May 81, on
is per cent; net after taxes on 81
per cent.
Eastern Utilities Investing Corpora
ton declared a quarterly dividend oi
1.25 Tooth of a share Of 81 cumulative
preferred on prior preferred stock, or
which $1.25 cash was paid April l.
Minnesota Northern Power 1881 me-
income before depreciation, minority
interest. depletion, etc.. $9O7,777 VS.
S1,859,672.
Ohio Edison gross revenues, IL month:
ended May 81, off 1912 per cent; ne'
after taxes of 10.1 per cent.