Evening star., 1933-09-13
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

BY the Associated Press.
NEW YORK, September 13.-Fol-
lowing Is today's summary OF corpora
tion news prepared by Standard Sta
tistics Co., Inc, New York, for the
Associated Press.
Automobiles and Trucks.
Hupp Motor Car Corporation-Pro-
duction in August totaled CTS units
per cent under July, but 104 pei
cent above August, 1882.
Automobile Parts and Tires.
Electric Auto Lite Co.-August busi-
ness volume up % per cent.
Chemicals and Fertilizers.
Air Reduction Co., Inc.-Declared an
extra dividend of IS cents share and
regularly quarterly dividend Of rs
cents on common stock.
Leather and Shoes
Endicott- johnson Corporation an
nounced an increase of per cent In
wages of 1900 workers, adding about
81 100000 to annual pay roll. This
was third wage advance since June J.
Metals -ferrous.)
Silver King Coalition Mines Co. de-
on capital stock. Last previous dis
tribution was is cents a share on jan
uary 2, 1881.
United Verde Extension Mining Co.
Copper production in August was
2,610580 pounds, compared with s.
038. 1898 in August, 1882; eight months
output, 22,76l,o64 pounds. against
"a ,250, ,130.
Miscellaneous.
Commercial Credit Co.-Gross pur-
for August were S21,57O,140, COM
pared with $9,797,392 for August
1882. Purchases for July were $780,
425, 5,016, against $11.334,566.
Oil.
Standard OIL Co. Cndiana)-Com-
pany advanced price Of naphtha 2 cents
o gallon, furnace oil "a cent q gallon
and kerosene l cent gallon through
out its territory.
gallon.
Railroad and Railroad Equipment.
st. Louis-San Francisco Railway Co
Deficit, months ended July 81, was
s6,3SS,S35 VS.. deficit $6,57l,4 ,426.
Retail Trade.
Best g. Co., Inc declared dividend
Of Is cents on common stock. Last
previous distribution, so cents q share
March Is, 1882.
Mcclellan Stores Co-Trustee in
bankruptcy reports stores of company
in operation in July showed net profit
of $26815 before expenses in connec-
ton with bankruptcy. Losses for the
year to July 81 amounted to $48,O28
Sears, Roebuck & Co-Company Is
said to have spent about $4,000, 900 on
merchandise purchases from Spring to
Midsummer.
Western Auto Supply Co.-August
sales declined ~ per cent. Eight
months sales advanced rs per cent.
Steel and Iron.
Steel ingot production in the United
States during the past week declined to
Al per cent of capacity, against As per
cent in week preceding, according to
the Iron Age.
Utilities.
Electricity production in the United
States in week ended September in
SACdoCd 4A.1 pei SClt oNCA 2AhC Aoo6
week, according to Edison Electric In
stitute: In the preceding week gain
was lib per cent, while two weeks pre-
vious increase was 1875 per cent
General Utilities Co-Company re-
duced rates per cent in IL Southeast
Missouri towns with approval of Mis-
souri, Public Service Commission
New England Telephone g. Telegraph
Co.-Gross revenues in July of 36 per
cent, while net operating income de-
clined 3.4 per cent; seven months gross
revenues declined go per cent and net
operating income of 17.9 per cent
Operators rejected company's compro-
mise offer to restore half of wage cuts
effected when it adopted N. r. A. code
and reduced working time to 40 hours
week from 48 hours
Western Union Telegraph Co-July
gross revenues s7,426,886 VS.. $6,28s ,818
in July. 1892; net income $714,54O VS..
net deficit of $810,396 seven months
gross revenues $47016,200 vs.. $49,757,-
064; net income for seven months $3,-
859.189 VS.. net deficit of $945,04l.