Evening star., 1933-10-29
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, october 28-Following
IS tooays summary Of corporation news
prepared by Standard Statistics Co..
Inc, New York, for the Associated
Press:
Borg-Warner Corporation net income
before subsidiary preferred dividends,
nine months ended September 80, was
1886, l03. or 10 cents a common share
after subsidiary preferred dividend re-
quirements; in like 1882 period deficit
was S32,508 before subsidiary preferred
dividends.
Briggs & Stratton Corporation COM
mon share earnings, nine months end
ed September 80, were 63 cents VS.. 6
cents.
Electric Auto-Lite Co. common share
earnings, nine months ended September
30, were II cents VS.. S1.39
Hayes Body Corporation deficit. nine
months ended September 80, was S273,-
443 VS.. deficit S269,713.
Moto Meter Gauge & Equipment Cor
poration net income, nine months ended
September 80, was s139,928. Equal to
% cents a common share VS.. deficit
$308,165.
Kellogg (Spencer) & Sons net in
come. year ended September 2, was
S491 ,402, equal to 81 cents a common
share VS.. deficit of s132,737 in year
ended August 81. 1882.
Penick & Ford Ltd, common share
earnings, nine months ended September
30. were 50 So VS.. S1.40.
Wesson Oil & Snowdrift Co. (revised)
common share earnings, year ended Au-
gust 81. were II cents vs. s138.
Du Pont (E. Il De Nemours &, Co
Plants of Du Pont Rayon Co. and Du
Pont CellOphane Co. at Old Hickory,
Tenn, operating at capacity.
Lehn g. Fink Products Co.-Declared
regular quarterly dividend of so cents
on common stock.
Store-door freight collection and de-
livery service planned by Erie Rail-
road and Wheeling & Lake Erie Rail
way, effective December |.
Atlantic Coast Line Railroads.&c.
tember net railway operating deficit
was S186 $50 VS.. net railway operating
deficit of Sl29787; 9 months net rail-
operating income was S32O8975 VS.. net
railway operating deficit S396243
Chicago. Rock Island & Pacific Rail
of 64,8 per cent from 1882 period;
months declined 243 per cent.
Chicago, st. Paul Minneapolis &
months, s1,1ss.717 vs.. deficit of
SZ(U,ooZ.
Louisville & Nashville Railroads.&c.
tefnber net operating income Sl,439,477
vs. S131e178: 9 months, Se,882 ,696 VS..
$3,372 e38
Northern Pacific Railway-September
net operating income S1535,350 VS..
S1,l96890; months, s300799l VS..
deficit of S24,416.
Great Atlantic & Pacific Tea Co.
Declared usual extra dividend OF p
cents a2d regular quarterly dividend
Of $3.50 on common stock.
Shattuck (F'rank G. Co.-Common
share earnings, 9 months ended Sep
te,nber 80, we're cents VS.. 40 cents.
Federal Railroad Co-ordinator East
man has rejected bids of steel COM
panies for manufacture of 644 525 tons
fof steel rail for railr~~o'S at S37.75 per
3ton; he advised coI--',.lies that Gov
iernment will advance funds on basis
| aof S35 ton, price adjustments up or
/ down to be made later after eXamina-
d, ton Of companys cost records He also
said prices submitted bore evidence of
cOllusion and absence of competition.
Union Electric Light & Power Co.
mo .)-Missouri Public Service Com
mission approved reduced residential
and commercial electric rate schedule
fled by company which it is estimated
will reduce revenues S1,500,000 an
nually.