Evening star., 1933-03-26
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, March 25.-Following
IS today's summary of corporation news
prepared by Standard Statistics Co.,
Inc, New York, for the Associated
Press:
Automobile Parts and Tires.
Hercules Motors Corporation 1882
deficit S129,814 VS.. net income 1924, 1851.
Electrical Equipment and Radio.
Sparks Wilmington Co. took no ac-
don on quarterly dividend on convert
lble cumulative preferred stock; last
payment 1.50 share on December Is.
Radio Corporation of America SUBJ
eadiaries reduced radio tube prices rang
ing from 10 cents to 80 cents.
Weston Electrical Instrument Cor
Poration 1882 deficit S143,353 vs.. net
income 1922 1854.
Food Products.
:. Corn Products Refining Co. declared
Regularly quarterly dividend of rs cents
bn common stock.
Machinery.
Oliver Farm Equipment Co. 1882
Sdef1cit $4,164,975 VS.. deficit $4,908,644.
Metals (Non-Ferrous).
Aluminium Co. of America declared
dividend Of 37l2 cents on preferred
stock; previously paid IS cents quar-
terly.
United States Smelling. Refining &,
Mining Co. 1882 common share earnings
64 cents VS.. 81 48.
Miscellaneous.
Cleveland Union Stock Yards Co. de-
Eiared quarterly dividend of 1919 cents
bn common stock; previously 25 cents.
Office and Business Equipment.
National Cash Register Co.-Plants
operating between Is and 80 per cent
of capacity with working force reduced
go per cent from 1929 peak.
Paper and Paper Products.
Taggart Corporation 1882 deficit
R796,z95 VS.. deficit S120,994.
Railroad and Railroad Equipment.
Revenue freight car loadings in week
ended March 18 totaled 449,712 cars, in
crease of II ,899 over previous week, but
d35,047 under like 1882 week. according
TO American Railway Association; per-
centage decline from 1882 week was %
Der cent, while in preceding week de-
Grease from year previous was 239 per
cent.
Chesapeake Corporation 1882 common
share earnings $341 VS.. S3.61.
O. ItlU WCOlCl IL ~. ~
II. c. c. approved additional R. F. c.
loan O.. 32,250, 900 to company
Ere r. r. February net operating in
come of system off 42.9 per cent; two
months off IL per cent.
Gulf, Mobile & Northern R. r. plan
for unification with New Orleans Great
Northern r. R. calls for the formation
of Q new company, which will acquire
the properties of the old company new
company will issue $5,367,000 first mort
gage per cent bonds, $4,124, 900 OF 5
per cent income debentures and 1924 300
Of common stock.
Pennsylvania r. r. February net
operating income off 335 per cent; two
months off ia per cent
Safety Car Heating & Lighting Co.
1882 net income $232,736, VS.. deficit
S1O5,S72
ST. Louis Southwestern Ry. February
deficit after charges Of system ssoe, ,85l;
VS.. deficit of S244,389; two months
deficit S546,7 ,729, vs. deficit of $560,366.
Southern Pacific Co. February net
operating deficit s1,226,346, VS.. deficit
Of s4O2,558 in February. 1882; two
months deficit s2,342,62o, vs.. deficit
$806,175.
deficit $107,251, VS.. deficit SLOT, in
February, 1882; two months deficit
k336,7l7, vs.. deficit $475,07O.
Retail Trade.
Melville Shoe Corporation sales four
weeks ended March l8 of 1856 per cent;
~ weeks off 25.6 per cent.
Utilities.
Arkansas Power g. Light Go. declared
quarterly dividends of SO cents on 81
preferred stock and so cents on Sc pre-
ferred stock; previously SITS and $1.5O,
respectively, were paid quarterly.
Brazilian Traction, Light & Power
Co. Ltd, gross revenues of subsidiary
companies in first two months of 1888
were of 81 per cent; net before de-
tpreclation and amortization of l0.5 per
Neuts s. ,-.