Evening star., 1932-11-21
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.


NEW YORK. November 21-The fol-
lowing is today's summary Of impor-
tant corporation news prepared by
Standard Statistics Co., Inc, New York,
for the Associated Press.
Building, Real Estate & Related Lines.
Otis Elevator Co. gets s566,000 con-
tract for United States Supreme Court
Building elevators.
Office and Business Equipment.
General Fireprooflng Co. operations
averaging 35 per cent of capacity COM
pared with 40 per cent few weeks ago.
Railroad and Railroad Equipment.
Revenue freight carloadings for week
ended November IL. which included
election day, total 537,O93 cars. de-
crease of 81 ,29O cars under previous
week and 152,867 under 1881 period,
according to American Railway Asso-
citation; decline from 1881 week was
22.l per cent compared with a decline
of 179 per cent in preceding week.
New York Central Railroad an
nounced unemployment for l 500 shop
men fer repair of equipment.
New York. Ontario & Western Rail-
way October net operating income up
25.7 per cent; 10 months off 1.3 per
cent.
Atchison, Topeka & Santa Fe Rail-
way-Three-fare plan of company to
West Coast has been extended to June
30 Business under reduced rates was
Z i k1-fn
Canadian Pacific Railway-Shops to
resume operation November %, giving
employment to about 5000 men.
New York, New Haven & Hartford
Railroad-October surplus of company
is expected to wipe out preceding nine
months deficit.
Retail Trade.
Drug. Inc.-Attempts of Louis K. Lig-
gett Co. to settle out of court its diff
ferences with landlords have failed
First National Stores common share
earnings, six months ended october J.,
$2.55 VS.. $276 in six months to Sep
tember 26. 1881
United Cigar Stores Co of America
Referee has authorized trustee to cancel
"a additional leases of company in II
States outside New York.
4y
ings expected to be more than sufficient
to cover dividend needs: dollar volume
so far this year has been running be-
hind a year ago about Is per cent. but
volume of transactions have been about
per cent larger.
Steel and Iron.
TruScon Steel Co. operations have de-
clined to about 20 per cent of capacity.
Youngstown Sheet g. Tube Co. oper-
ations advanced to IL per cent of ca
pacity against IL per cent last week
ahd rs per cent in like 1891 week.
Textiles.
ing around so per cent of capacity, it
is said rate CT rs per cent is necessary
for profitable showing.
Utilities.
American & Foreign Power Co.
President of Mexico has asked Congress
to put electric power INDUSTRY under
government control
Pacific Gas g. Electric Co.-After
consideration of California Railroad
Commissions decision company dropped
plan to acquire Pacific Public Service
Co. from Standard Oil of California and
Pacific Lighting Corporation.
Automobiles and Trucks.
General Motors Corporation.-Flin
plan of Chevrolet Motor Co. is operat-
ing on schedule of 40 to so hours per
week; Detroit plant is on five-day week,
while Saginaw, Toledo and Bay City
are on four-day schedule.
Automobile Parts and Tires.
Firestone Tire and Rubber Co., sub
sidiary Firestone cotton mills, to re-
sumo November %, after being closed
since August.
Leather and Shoes.
Brown Shoe Co.-Common share earn
ings year ended october 81, S3.35. VS..
S4.37.
Machinery.
International Harvester Co. - Re-
engaging 1900 men at its various plants
in preparation for 1888 business.
Miscellaneous.
Elgin National Watch Co.-October
sales are said to be largest of year.
Petroleum Exploration. Inc.-Declared
an extra dividend of 1912 cents and
regular quarterly of Is cents on capital
stock.
Superior Oil Corporation - Deficit,
nine months ended September 80, $344,-
274. VS.. deficit 81, ,695. .299.
ip1-t 81 tsrffr FO