Evening star., 1933-03-31
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, March 31.-The follow
ing Is today's summary. Of important
corporation news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
Investment Trusts.
National Securities Investment Co.
liquidating value on December 81, 1882,
$57.47, preferred share VS.. $7008 on
November 80, 1881.
Machinery.
American Machine g. Foundry Co.
1892 common share earnings $1.12 vs.
s1.84.
Miscellaneous.
Acme Wire Co. 1892 deficit $167. 1892
VS.. deficit s198,797
Crown Cork 6s Seal Co. 1882 deficit
S50,099 VS.. net income $685. TOT.
Gorham, Inc, deficit, year ended
January 81, $751,269 vs.. deficit $516,-
311.
Plymouth Cordage Co. declared a
quarterly dividend of $112 on COM
mon stock; previously $1.25 was dis
tributed quarterly; reduced quarterly
distribution on employees special stock
to liz cents share from 12h cents.
Oil.
Standard Oil Co. of Ohio 1882 deficit,
$l,206,3 1851, VS.. net income, $2,359,173.
Railroad and Railroad Equipment.
Chesapeake e. Ohio Railway-Inter-
state Commerce Commission issued q
tentative earnings recapture report
showing that company earned an excess
of $37,549,810 In seven years ending
with 1925 and the Hooking Valley Rail-
way, $5,111,118 in seven years ending
with 1927.
Chicago Great Western Railroad
February net railway operating deficit,
$174,717, VS.. net railway operating in
come Of $47,07l; two months net rail-
way operating deficit was $282, 2,022, VS..
net railway operating income Of SAC, ,0e5.
Gulf. Mobile Il Northern Railroad
February net railway operating deficit,
S26,528. VS.. net railway operating deficit
of 37,317; two months net railway
operating deficit was $34,O51, VS.. net
railway operating deficit of $76,156.
New York, Ontario & Western Rail-
way February net income, $72. 1887, VS..
s6l,628; two months totals were 1885,
592, VS.. $53.634.
Retail Trade.
Kress Is. H) & Co. declared q stock
dividend of one-twentieth of share OF
special preferred stock and regular
quarterly cash dividend OF IS cents on
common stock; on November 1, 1882. a
similar distribution was made on COM
mon stock.
Schultz Retail Stores Corporation
1882 deficit $2.o39, l2o VS.. deficit $3l4,65
Steel and Iron.
Pittsburgh Forgings Co. 1892 deficit
$159,694 VS.. deficit $184,457.
Utilities
Associated Gas g. Electric Co. sub
sidiary. Staten Island Edison Corpora
tion, has been refused permission to
issue $5,761 900 refunding and improve
ment 30-year mortgage bonds by Public
Service Commission.
Alabama Power Co. net income. II
months ended February %, $3,3s2 ,o67
VS.. $4,309, $40.
Bell Telephone Co. of Pennsylvania
February operating revenues Of IT'S
per cent, net operating income of 14.8
per cent; 2 months operating revenue
was off 1853 per cent, net operating
income of Ill per cent.
Florida Power g. Light Co. passed
dividend on preferred stock, last pay
ment SITS share on January s, 1888.
Georgia Power Co. net income, IL
months ended February %, $5,558, ,465
VS.. 5000 1868.
Maine Gas Cos. declared a quarterly
dividend of 35 cents on common stock:
previously SO cents was paid quarterly
on this issue.
Tennessee Electric Power Co. net in
come, IL months ended February %,
$2,2e2, ,503 VS.. $3,237,I63.