Evening star., 1932-01-10
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, January 9.-The fol-
lowing is today's summary Of important
corporation news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
News Trend.
Although the United States Steel
executives are not encouraging, it is
generally expected that the untitled
orders OF the corporation as of Deem
Der 81 will change very little from
last month. In some circles it is felt
that orders which came in the closing
days of December will carry the total
above the 2,933S91 tons Of untitled Or
ders reported as Of November 30.
The Industries.
Copper-l931 total output of primary
and secondary copper by American re-
fineries about l,639,000,000 pounds,
sv. 2437, 100000 pounds in 1880, accord
ing to Bureau OF Mines.
The Companies.
Allis- Chalmers Manufacturing de-
clared 1914 cents quarterly common
dividend paid IS cents November Is,
1881. and so cents quarterly prior
thereto.
New York. New Haven & Hartford
acknowledgements department work
erS accept 10 per cent wage cut
Pacific Gas & ElectriC-le3l electric
sales to show increase Of about l24 per
cent.
Peoples Light & Receiver
named for five Southern subsidiaries
by Federal Court. Birmingham. Ala.
Remington Rand, Inc. enters into
working agreement with Automatic
Electric Co. whereby the two companies
will cooperate in development and
market of new business machine devices
TO combine products of both concerns.
RyerSon (JoSeph t. Co. takes no
action on quarterly dividend: paid 80
cents November l; had moderate loss
in 1881.
Union Oil of California declared IS
cents dividend; formerly paid SO cents
quarterly.
Wabash Railway November net op-
Grating deficit S836,s69, against net op-
Grating income $538S44, ll-month net
operating deficit Sl3l,59l vs.. net
operating income s6,S19.357; cuts shop
wages is per cent, effective January
Western Union Telegraph-Employes
OF executive offices and district super
intendents Offices to be placed on five
day week; those handling messages not
Westinghouse Electric & Manufac-
turing cuts salaries of over 5000 per
month by 10 to so per cent: salaries
under 5000 per month cut 7 to 81 per
cent; hours wages were cut 10 per cent.
Isle Royale Copper reduces number
Of shifts per week from three to two.
Summons Co. December sales (includ-
ing subsidiaries) off ola per cent; II
months of 26.7 per cent.
Commonwealth Edison 1881 output
about per cent below 1890.
Commonwealth g. Southern Decem-
Der electric output of 4 per cent: II
months off 50 per cent; December gas
output off 2.6 pei cent, II months off
4.9 per cent.
Hudson Moor Car price range new
1882 lines $685. to S1,595, VS.. previous
range, $685. to Sl,45O.
General Motors January Pontiac
production scheduled stepped up about
26 per cent to 10000 units; 1881 Pom
tiac retail sales around $1,000 units.
Manufacturing untitled
orders as of December 81, 1881, aggre-
gated 1882 900, VS.. s8,229,934 on No.
vember 30, 1881, and $4,000, 900 on De-
cember 81, 1880.
American Commonwealths Power
Receivers named for Union Gas Utili-
ties, Inc, subsidiary.
American Telephone & Telegraph
Report to I. c. c. OF operating activities
showed November gross off SO per cent,
operating income off 10 per cent; IL
months gross off "A per cent, operating
income off n Dar cent
Penney q. c. Co.-December sales
off 1913 per cent, u months off 10 per
cent.
Otis Elevator awarded contracts for
of 38 elevators.
Pond Creek Pocahontas December
coal output 72,909 tons, VS.. 1929; IL
months, 1,l49, ,693, VS.. 1,075,043.