Evening star., 1933-03-01
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, March Following is
today's summary of corporation news
prepared by Standard Statistics Co.
Inc, New York, for the Associated
Press.
Transcontinental Air Transport 1882
deficit, S72,166, VS.. deficit, S72,723.
Automobiles and Trucks.
WHY'S Overland Co.-Court refuses
to sanction manufacture OF 4,4O0 ad-
ditional trucks for International Har-
vester until proof is given that income
will equal the outgo; also requires
guarantees that wage scale will not be
reduced further and that labor claims
will be paid.
Automobile Parts and Tires.
Perfect Circle Co. 1882 common
share earnings, sl.56. vs.. s5.53.
Electrical Equipment and Radio.
Arcturus Radio Tube Co. 1882
defict, s464,603. VS.. deficit, s266,103.
De Forest Radio Co.-Receivers have
accepted a bid of 100000 for the as
sets Of company made by Radio Corpo-
ration of America, subject to approval
of Federal Court: bid does not cover
accounts receivable Of about S100 900
which would remain in hands OF re-
ceivers.
General Electric Co. 1882 common
share earnings, Al cents. vs. Sl.33.
Household Products.
Diamond Match Co. 1882 common
share earnings, sl.54. VS.. s1.3o.
Leather and Shoes.
Amalgamated Leather Co. Inc, 1882
deficit. s23,277, VS.. deficit, S393,429.
Metals -Ferrous.)
Cresson Consolidated Gold Mining &
Milling Co. 1882 common share earn
ings before depletion cents.
Silver King Coalition Mines Co. 1882
net income So 1923 VS.. deficit $40, ,137.
Miscellaneous.
Driver-Harris Co. 1882 deficit $378,-
GIL vs. deficit S202.778.
United States Foil Co. declared quar-
terly dividend of 5 cents each on class
A and class B common stocks; pre-
viously 7la cents was paid quarterly on
each class.
zonite Products Corporation 1882
common share earning 81 cents vs.
S1.14.
Pure Oil Co. declared dividends of
371a cents each on 514 per cent and
6 per cent preferred stocks and SO
cents on per cent preferred stock;
heretofore, quarterly dividends OF SIPS,
81 so and So a share were paid on the
5A per cent. 6 per cent and per
cent preferred stocks, with a payment
of S150 being made each April l on
5A per cent issue to bring annual rate
to $525 a share.
Railroad And Railroad Equipment.
Canadian Pacific Railway net profit
in January $323,372 VS.. profit Of $617,-
478 in January 1882.
Colorado & Southern Railway Janu-
ary net operating income $46,al4 VS..
S112,726 in January 1882.
Chicago, Rock Island & Pacific Rail-
way January net operating deficit
$50. O.486 VS.. deficit of $3.50; I. G. c.
approved loan of $3,718,70 to company
by R. F. c. for a term expiring March
l, 1884.
Western Pacific Railroad Corpora
tion January net operating loss OF
Western Pacific Railroad Co., subsid-
iary, $105,242 VS.. loss of $119,388 In
January, 1882.
Long Island Railroad January net
operating income up 43.S per cent.
Minneapolis & St. Louis Railroad
I. c. C. approved a three-year loan by
r. F.. C. of $1,076,594 to receivers OF
company; proceeds will be used to pay
taxes and principal and interest on
equipment trusts and to cover operat-
ing expenses.
New Orleans, Texas & Mexico Rail-
way-I C. c. authorized company to
issue $7,456,726 of promisory notes to
Missouri Pacific Railroad In payment
of like amount of capital advanced.
Norfolk Southern Railroad proposes
to cut steam coach one-Way fares to
IL cents per mile.
Norfolk & Western Railway January
surplus, after charges, $l,311,927 VS..
$456,543 in January, 1882.
Pittsburgh & West Virginia Railway
January net operating income up 10.7
per cent over January, 1882.
st, Louis-San Francisco Railway
I. c. G. approved three-year loan by
r. F. c. to receivers of company, pro-
ceeds to be used to pay taxes and prin-
cipal and interest of equipment trust
notes.
Virginian Railway January surplus
after charges $255 1895, VS.. surplus of
$181, ,474 in January, 1882.
Retail Trade.
Grand Union Tea Co. 1882 common
share earnings 43 cents, VS.. $1.86 In
1881.
Kresge Is. So Co. deferred action on
quarterly dividend on common stock
until March z; last distribution on COM
mon was Is cents "a share on January 3.
Sears, Roebuck e. Co. closed % class
B stores and opened four class A stores
during 1892