Evening star., 1933-12-29
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

ing is today's summary Of corporation
news prepared by Standard Statistics
Co.. Inc, New York:
Douglas Aircraft Co.-Transconti-
mental e. Western Air, Inc, has in
creased its order for 2l twin-motored
transport planes from this company to
Al planes to cost in excess Of $4,000, 600.
Continental Motors Corporation
Stockholders at annual meeting Janu-
airy II, 1884. will vote on proposed loan
of $4,000, 900 for a term of three years
at per cent interest 10 be secured by
a mortgage or deed Of trust upon entire
assets of company; funds are needed to
meet currents obligations and for work.
ing capital.
Pittsburgh Plate Glass Co-Com-
pany's 1888 dividends amounting to
S. 498 ,913 were earned with comfort
able margin after all other charges; in
1882 net loss OF $60,737 was suffered.
Easy Washing Machine Corporation
declared a dividend of so cents en- com
mon stock last previous dividend on
common stock was 25 cents on july l,
1880; it was stated dividend has been
amply covered by earnings for 1888.
Niagara Share orporation-Supreme
Court Justice Hinkley. Buffalo. dis
missed suit brought against officers and
directors Of company by minority
stockholders who sought judgment Of
S148,579,818 or for return of stock in
that amount; costs of the action were
assessed against complamants.
Billiard Co. received an order through
Amtorg Trading Corporation from So
Wet government for nearly 100000 Of
machine tools.
Alaska Juneau Gold Mining Co.
Meeting of directors adjourned because
of lack of quorum: special meeting will
be held January 2, when dividend Is
expected
Eitingon- -Schild Co. preferred share
earnings, nine months ended Septem-
ber 80. were S6l1.
Baltimore & Ohio Railroad received
a loan OF s4230, 900 from Public Works
Administration.
Canadian Pacific Railway November
net income $685. 969, VS.. s3,324 29l in
November. 1892; II months, Sl7,6l5,-
708, VS.. s17.779,2 ,235.
Chicago. Rock Island & Pacific
Railway Federal Judge Wilkerson,
Chicago, authorized trustees of COM
pany to pay July /, 1888, interest on
4 per cent general mortgage bonds.
This would require approximately ST.
100000 1t was stated there was sufh-
cient cash on hand TO pay this IN
terest.
Delaware g. Hudson Railroad Novem-
ber net operating income S2lOO68, VS..
deficit of s43,319 in November, 1882,
II months net operating income
S882.l52, VS.. deficit OF s15,395.
Missouri Kansas Texas Railroad
M. H. Cahill, chairman and president,
announced that company will meet
currently maturing obligations without
borrowing from Government or from
any other source.
Reading Co declared regular quar-
terly dividend of Is cents on common
stock
Southern Pacific Co-Chairman an
nounced that company contemplated
application TO P w. A. for a loan for
purchase of 10000 tons of new rail
and necessary faSteningS and for re-
conditioning and repair Of a consider
able number of locomotives and cars.
1t was stated that this loan, and the
final S5,330,000 installment OF loan
from R. F. c. and current cash on
hand. totaling S17.S28627, require
ments of company for 1884, were be-
lieved to be provided adequately.
Wabash Railway-P. w. A. an
nounced a loan of Sl,469,000 10 re-
ceivers of this road.
Dominion Bridge Co. Ltd.-Common
share earnings, year ended October 81,
were SO cents vs.. Sl.49.
Madison Square Garden Corporation
Deficit. six months ended November
30 was S2056 VS.. deficit $50 1873.
Alabama Power Co.-Combined pre-
ferred share earnings. IL months ended
November 80, were s8.79 vs.. s9.87.
Bell Telephone Co. of Pennsylvania
gross revenues in November were of
81 per cent while net operating in
come declined A per cent: II months
gross revenues decreased l0.l per cent
and net operating income declined 58
per cent.
Consolidated Gas Co. of New York
declared dividend Of rs cents on COM
mon stock similar distribution made
December Is.
Georgia Power Co. combined pre-
ferred share earnings. II months ended
November 80. were sl0.52 VS.. S9.9l.
Interborough Rapid Transit Co.
Interest due January l. on first and re-
funding per cent bonds, maturing
1866, will be paid; committee for 10
year secured convertible per cent
notes, maturing September l, 1882, an
nounced that there will be distributed
to holders of its certificates of deposit
of record January 2, 1884, any funds
received from trustee
Laclede Gas Light Co advanced
hourly and weekly wages 20 per cent
and monthly salaries 10 per cent: it is
estimated that annual pay roll will be
S275 900 higher.
United Gas Improvement Co.-Elec-
trio output for system for week ended
December % increased Al per cent
over 1882 period: for week ended De-
cember l6 output was up 4.3 per cent.
Tennessee Electric Power Co. COM
bined preferred share earnings, II
months ended November 80, were 8.77