Evening star., 1932-03-06
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK. March 5.-The follow
ing is todays summary of important
corporation news prepared by Standard
Statistics Co, Inc, New York, for the
Associated Press.
News Trend.
According to the weekly mercantile re-
views there was little actual change in
business conditions, although senti-
ment continued to improve. Retail
trade and light manufacturing were
slightly better last week. Whole
salers are receiving orders, but only of
the hand-to-mouth variety while the
heavy industries continue at very slow
rate. Collections remain unsatisfactory
as no greater promptneSs Is noted and
credit is still restricted
The Industries.
Copper-Copper price for export ad-
vanced Is cent to 614 cents a pound
elf. European base ports; domestic
price advanced from 534 cents to 6
cents pound, with some sellers ask
ing 61s cents.
The Companies.
Chalmers Manufacturing aver
age wage cut of 10 per cent placed in
effect
General Electric declared 25 cents
quarterly common dividend; formerly
paid 40 cents.
Grant wv. T.) Co. February sales up
11.3 per cent; two months up 1913 per
cent.
Kellogg (Spencer) & Sons declared
two quarterly dividends of Is cents
each on common stock for two
remaining quarters Of fiscal year; for
nrl 1fc
Kresge Is. s. Co. February sales of
per cent; two months off 8.5 per cent
McCrory Stores February sales up
Al per cent; two months up 2.3 per
cent
United States Rubber 1881 deficit be-
fore inventory and other adjustments
S9,042,06 VS.. deficit $6,980,142.
Waldorf system February sales off
"a per cent; two months of 4 per cent.
Coca Cola Co. 1881 class A share
earnings, $1l.82 VS.. s11.15.
American Equities 1881 net income,
S612,805 VS.. S779,O42.
Barnsdan Corporation 1881 deficit,
$3,266,637 VS.. net income, $5,130,89l,
equal to S227 a common share.
Engineers Public Service-Gross IL
months to January 81, 1882, of "A per
cent, net after taxes off is per cent.
General Electric 1881 common share
earnings. 81 33 VS.. Sl90.
Hackensack Water 1881 net income,
S990,209 VS.. $1,057, 800.
Homestake Mining 1881 common
share earnings, s970 VS.. s5.94.
Laclede Steel 1881 common share
earnings 70 cents VS.. S2.l9.
McKeSson & Robbins. Inc.-TakeS no
action on quarterly preferred dividend;
paid 8712 cents December Is, 1881.
Nehi Corporation 1881 SO convertible
preferred share earnings, $l.68 VS..
$1163.
Taylor Milling-Declared Is cents
quarterly common dividend; paid rs
cents January 2. 1892, and 621s cents
quarterly prior thereto.
Union Twist Drill 1881 deficit, $70,179
VS.. net income $418,288, equal TO sl.80
a common share.
Young q. A. Spring & Wire 1881
common share earnings, $l26 VS.. 1914
American Rolling Mill 1881 deficit
S3,098,445 VS.. net income Sl14,094, equal
to cents a common share.
New Jersey Zinc-LoWeTs carload
price of zinc oxide q cents a pound
Radio Corporation Of America-Post-
pones action on preferred A dividend;
paid 87i2 cents January !.
Burco rporated-Declared rs
cents back dividend and IS cents regu-
lar dividend on preferred stock.
GodchauX Sugars-Passed dividends
on preferred and class stocks; paid
S175 and so cents respectively, Janu-
AIRY II.
kaufman Department Stores 1881
common share earnings, $1.02 VS.. $l,8l
McKesson & Robbins 1881 common
share earnings. "a cents VS.. 96 cents
Montgomery Ward & Co. February
sales off 21.5 per cent. two months, of
PAT per cent.