Evening star., 1933-12-03
| CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, December 2.-Following
Is today's summary of corporation news
prepared by Standard Statistics Co.,
Inc. New York:
- Firestone Tire g. Rubber Co preferred
share earnings, year ended October 81.
were S5.13 VS.. S1087; price of rubber
tires are about per cent below a year
ago; price of crude rubber has advanced
"150 per cent over year ago. cotton in
creased so per cent and labor 20 to 25
per cent
General Tire &. Rubber Co.-Negotia-
'tions for acquisition of assets of India
Tire & Rubber Co. are said to be near
completion; purchase price is reported
= to be about S550,000.
:. General Electric Co. announced its
entrance into business of manufacturing
refrigerator automobile truck bodies at
its Erie, Pa, plant.
Chicago, Burlington & Quincy Rail
road-Reported company shortly will
place order involving about Sl.750.000
for tie plates, angle bars, spikes and
track bolts.
-, Chicago, Indianapolis & Louisville
Railroad-October net operating income
-S33,163 VS.. s92 834; 10 months, s66 $50
VS. S248,081.
= Delaware. Lackawanna & Western
OdQ-4 u. -. dulIIOII ILCC COMPANY
to establish StOre-door delivery and
pickup service on less than carlot
freight on five days notice to public.
General American Transportation
Corporation obtained order for four
aluminium tank cars of 5000 gallons
capacity from Carbide & Carbon Chem
icals Corporation.
Missouri Pacific Railroad-Federal
Court, St. Louis, has authorized COM
= ,pany to purchase Sl725,12O worth of
steel rails and accessories
Norfolk Southern Railroad deficit, 10
months ended October 81, was S510, ,49S
VS. deficit s8820Ol
Pittsburgh & West Virginia Rail-
iway-October net operating income.
S58.083 VS.. S129 936: 10 months. S797,-
e18 VS.. s445, sos.
:. Sears, Roebuck & Co. is considering
entering the liquor business as dis
tributor; decision is not expected to be
made until State and Federal laws gov
!erning liquor trade have been clarified.
Bethlehem Steel Corpora tion-Com-
pany obtained a 2,O0O-ton rail order
from Northern Pacific Railway.
: United States Steel Corporation,
subsidiary Illinois Steel Co. received
Pacific Railway
J Alabama Power Co.-COmbined pre-
!ferred share earnings y months ended
October 81. were So 88 vs. SO 90
Kansas City Power & Light Co--SiX-
dollar first preferred share earnings, II
months ended october 81, were S63.62
vs. $1,000.
Louisville Gas & Electric Co. CDela-
ware)-Net income before subsidiary
preferred dividends. IL months ended
~October 81. was So .OO2 .228 VS.. S3, ,oe1 ,62e-
= Northern States Power Co. (Dela-
>ware)-Class B share earnings, II
.months ended October 81 were % cents
Tvs. 81 cents.
= Southwestern Bell Telephone CO.
Gross revenues in october off 80 per
2cent while net operating income de-
sclined 96 per cent; 10 months gross
srevenues off 80 per cent. Net operating
income declined ST per cent.
- Sierra Pacific Electric Co.-Common
share earnings. II months ended Octo-
Der 81, were 96 cents VS.. S2.33.
y Tennessee Electric Power Co.-Com-
ebined preferred share earnings, II
months ended October 81, were 1895
vs. 1882
Western Union elegraph-Offces of
Railway Express Agency, Inc, in 46O
cities throughout the United States are
accepting kilograms and cablegrams for
transmission over Western Union lines.