Evening star., 1933-02-21
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, February 21.-Following
is today's summary of corporation news
prepared by Standard Statistics Co.,
Inc, New York, for the Associated
Press:
Aircraft.
Ex-Cell-O Aircraft e. Tool Co. 1882
deficit, $167,557, VS.. deficit, s25e,109.
Automobiles and Trucks.
WHY'S Overland Co.-Plant to re-
sumo operations in some departments
February 81.
Building, Real Estate and Related Lines.
Ruberoid Co. 1882 deficit, $22O,069,
VS.. net income, S488,1O6.
Coal and Coke.
Lehigh Valley Coal Corporation 1882
deficit, s1,183,283, VS.. net income.
S931,635.
United Electrical Coal Cos.-Produc-
ton of coal in 1892 was 1,297, ,222 TONS
increase of 81 ,889 tons over 1881; out
put during first half of February, 1888,
was $4,000 tons ahead of like period of
January.
Machinery.
Maricn Steam Shovel Co. 1882 deficit,
s67s,424, vs. deficit, s447.1o6.
Miscellaneous.
American Bank Note Co. 1892 deficit,
s345, ,658, VS. net income, s154,549.
American Chain Co., Inc, 1882 deficit
was $2,9S6,43S, VS.. deficit s2,058,49
offers holders of its 6 per cent sinking
fund debent,Ire bonds, due April /,
1888, privilege to exchange holdings for
new five-year first mortgage and COL
lateral trust per cent bonds at rate
of $3.50 principal amount of new
bonds for each $1,000 debenture depos-
tied under plan.
Du Pont (E. ~ De Nemours & Co.
Inc, declared regular quarterly dividend
of SO cents.
Railroad and Railroad Equipment.
Baltimore & Ohio Railroad declared
operative plan for meeting maturity of
its 20-year Az per cent convertible
bonds, due March l, which provides for
payment of so per cent of principal
amount in cash and for remaining so
per cent delivery of like principal
amount of its 5 per cent refunding and
general mortgage bonds, due March /,
1896; company announced it is not in
a position to offer any other terms to
bondholders who have not assented to
plan; more than 90 per cent of bonds
have accepted terms.
Canadian Pacific Railway-Directors
decided to defer dividend considerations
until March meeting, when complete
accounting for 1882 will be ready; COM
mon dividend was passed in October
1882: last payment was per cent in
sterling on october l, 1892
Illinois Central Railroad-Interstate
Commerce Commission authorized COM
pany to issue 81 100000 of it's Western
lines first mortgage per cent bonds
as collateral for a loan of 81 ,00000o
from Railroad Credit Corporation.
Louisville & Nashville Railroad 1882
deficit. $2,108,875 VS.. net income, ST.
039.946
National Bearing Metals Corporation
1882 deficit, s162,302, vs. deficit,
Sl07,034.
St Louis-San Francisco Railway
Receivers have defaulted on 1864 900
principal and interest on equipment
trust certificates due January Is and
February l5. 1888, as a result in delay
in authorization of loan from Recon-
struction Finance Corporation.
Retail Trade.
Penny g. c. Co. 1882 common share
earnings, $1.57, VS.. S313.
Western Auto Supply Co. 1882 COM
mon share earnings, $2.54, VS.. $283.
Tobacco.
Imperial Tobacco Co. of Canada,
Ltd.-Directors recommend a final divi-
dend of 32 per cent on SIS par ordinary
stock; a similar final disbursement on
ordinary shares was made March 81,
1882; board also announced declaration
of regular quarterly dividend of ~ per
cent on ordinary shares.
Utilities.
Consolidated Gas Co. of New York
1882 common share earnings, $4.08, VS..
$494
Public Service Co. of Northern Illi-
nois 1882 common share earnings, S.. 10,
VS.. 1921.
Automobile Parts and Tires.
Midland Steel Products Co. 1882 def
cit, 1921 ,295 VS.. net income, S775,744
Food Products.
Mead, Johnson & Co. 1882 common
share earnings, $500 VS.. $766.
Leather and Shoes.
United States Leather Co., passed
quarterly dividend on prior preferred
stock, last payment on which was SITS
on January 8, 1888
Machinery.
Mesta Machine Co., declared a quar-
terly dividend OF Is cents on common
stock; previously 25 cents was dis
fv{l {l1,,to ar<a