Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-01-08
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, January THE fol-
lowing is today's summary of important
corporation news prepared by Stand
| ard Statistics Co., Inc, New York, for
the Associated Press:
Automobiles and Trucks.
Franklin Oh. h Mfg Co.-Reduced
prices of its entire line Of 1888 l2-cyl-
inder cars 81 600, to range of $2,885 to
| $3,135, f. o. b. factory.
| Hupp Motor Car Corp.-Price sched-
ule for new SiX-cylinder line on 121-
inch wheelbase range from 1895 to
81 ,095, an increase of 500 on COM
parable models in previous 116-inch
wheelbase a reduction of 500 cash has
been made on models in 122-inch
wheelbase eight-cylinder line and $3.50
each in l26-inch wheelbase.
Studebaker Corp.-Orders on hand
for new 1888 Rockne models were said
to more than cover January production
schedule tentatively set at 2,100 cars.
Electrical Equipment and Radio.
Westinghouse Electric g. Mfg Co.
Board of directors to consider distribu-
ton of holdings Of Radio Corporation
of America stock at special meeting
January II.
Investment Trusts.
Graymur Corp.-Lquidatin value De-
cember IA, 1882, was $23.21 per share
of capital stock vs. $23.96 on December
81, 1881.
Insurance Securities Co., Inc.-Com-
pany g. Union Indemnity Co., Union
Title Guarantee Co., and La Sale Fire
Insurance Co., three subsidiaries, have
been placed in receivership; officials of
the companies acknowledged their in
solvency.
Machinery.
AlliS- Chalmers Manufacturing Co.
Untitled orders as of December 81,
1882, totaled S., $40, 900 VS.. S6,033 900
on November 80 and $7,889, 900 on De-
cember 81, 1881.
Railroad & Railroad EQUIPMENT.
New York Central Railroad-Earn-
ings in 1882 after operating expenses
and fixed charges, but before retirements
and depreciation, totaled about $4,000
600, president states; he said company
has small maturities this year and that
1t Is believed cash position will carry
company through 1888 without serious
trouble
Norfolk Southern Railroad-Deficit,
IL months ended November 30, S924,-
222 VS.. deficit 1896, 1886.
Pullman, Inc.-SubSidiary, Pullman
Co., had deficit after taxes in Novem-
Der of $423,798 VS.. deficit of 1925 ,979;
IL months deficit was S1,267,70I VS..
surplus Of $2,166,144.
Retail Trade.
Drug, Inc-Reported chairman of
ny-fl Sc fnft T~r- l.
ish interests of controlling interest in
Boots Pure Drug Co.. Ltd, by United
Drug Co., subsidiary.
Ely 81 Walker Dry Goods CODE
felt, year ended November 30, $780,
OBS VS.. deficit SPAS, 568
Grand Union Co.-Store sales,
weeks ended December 81, off Ill per
cent.
Kresge Is. S. Co.-December sales
off 1876 per cent, IL months off 146
per cent; number of stores in operation
on December 81, 1882, totaled 723 vs.
I'll in previous year.
Montgomery, Ward & Co-Decem-
Der sales off 3.8 per cent; IL months
of I7.9 per cent.
Sears, Roebuck g. Co. sales in period
from December to December 81 off
17.2 per cent; sales in period from Janu-
dAy q W oCSSiAlDCI OIL 1.S0 per CeIlL.
Western Auto Supply Co. December
sales up S.5 per cent; II months of ST.
per cent.
Steel and Iron.
Follansbee Bros. Co. Toronto, Ohio,
plant and bar mills to resume this
month; have been idle since June.
Textiles. z>5 -,
Collins & Altman Corporation deficit
nine months ended November 26 $579.-
240, VS.. net income of $1,0l5,538 in nine
months to November 80, 1881.
Theaters, Etc.
General Theaters Equipment, Inc
Receiver of company has filed a suit
against W. Fox and Ar-Continentsl
Corporation asking for cancellation of
$2,300,000 notes of company held by lat
ter concern.
Utilities.
Associated Tel 81 Tel. deficit six
months ended June 30 $100,353, VS.. net
income 81 ,055,3
Monongahela West Penn Public
Service Co. net income II months ended
November 80 s713,753, VS.. sss3,O71.