Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-04-03
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, April 3.-FollOW1ng Is
today's summary Of corporation news
prepared by Standard Statistics Co.,
Inc, New York:
General Motors Corporation-Pro-
duction Of Pontiac Motor Co., in
March was 1881 cars, largest total
since July, 1929, and three times pro-
duction in March, 1888; schedule for
April calls for 1850 cars, compared
with 8,l99 in April, 1898.
Studebaker OBSERVATION-DISCLOSURES
ed advances of $25 in prices Of its
Dictator and Commander lines and
$50 on President line.
Briggs Mfg. Co. 1888 net income
1851 ,425, equal to 80 cents a COM
mon share vs.. deficit $l,79S,47O.
Spicer Manufacturing Corporation
Made per cent increase in wages
to all base group and piece-rate paid
workers, effective April 1; this is in
addition to pay increases ranging
from 5 to IL per cent On March /.
Thermoid Co.-Sales thus far in
1884 are ITO per cent of those Cor
like period of 1888.
Equitable Office Building Corpora
tion-Common share earnings, nine
months ended January 81, % cents VS..
SLIT.
Starrett Corporation 1893 deficit
$106.836 vs. net Income s1S4.433.
Island Creek Coal Co. 1898 conf
mon share earnings, $l5S VS.. s1.3o.
Pom Creek Pocahontas Co., 1898
common share earnings S1S3 VS.. Sl.73.
Bigelow-Sanford CARPET Co-An-
nounced a general wage advance I'D
to 10 per cent TO its operators in Am
sterdam. N. Y, ard Thompson
vile, Conn, plants.
Aluminium Co. Of America 1898 net
income sl,622,413, equal to s1.10 a
preferred share VS.. deficit s2,35i,56
Noranda Mines, Ltd, 1888 common
share earnings before depletion, s2.I5
VS.. S1.01.
Petroleum Corporation OF America
Net asset value March 81 equaled
sl5.29 share VS.. $1414 On Decem-
Der 81. 1888.
Plymouth Oil Co. 1898 common
share earnings, cents VS.. s168.
Standard Oil Co. Indiana
sidiary Standard Oil 81 Gas, pur-
chased Sc acres with 16 producing oil
wells thereon in East Texas field for
about 100000.
Kroger Grocery & Baking Co. sales,
four weeks ended March "a, up IA per
cent: IL weeks up II per cent: stores
In operation numbered 1852 VS.. 1881
q year ago.
Outlet Co.-Declared an extra divi-
dend of so cents and regular quar-
terly dividend of so cents on common
stock; common share earnings, year
ended January 81, were $4.34 vs.. SLIT.
Silk, Baer & Fuller Co. net income,
year ended January 81, $3.50. equal
to 9 cents preferred share VS.. def
cit s203,339
Steel ingot production in the United
States at the beginning of the week
averaged 433 per cent Of capacity,
pCI CCllI III lIC
preceding week. according to the
American Iron & Steel Institute
Omnibus Corporation 1888 common
share earnings, 81 cents VS.. At cents.
Motto Meter Gauge g. Equipment
Corporation-Company announced 5
per cent wage increase for its 1900
workers in Toledo plant: this Is in
addition to the increase granted a
month ago; plant is working two full
shifts and one-half of a third shift.
Murray Corporation of America
1888 deficit was s7s2,s5l VS.. deficit
S1896,587.
Universal Pipe g. Radiator Co. 1888
deficit was $594,205 VS.. deficit ST.
055,0o2.
Reynolds Investing Co. net asset
value as of December 81. 1888. equaled
s6186 a preferred share VS.. s29.03 on
December 81. 1892.
International Harvester Co-Fed-
eral Judge Clark. Newark. N. j., Or
dered this company to show cause
why an injunction should not be
granted against it in connection with
patent infringement suit brought by
Caterpillar Tractor against Remnants,
Inc, which sell tractors made by In
ternational Harvester Co.
Bunker Hill & Sullivan Mining g.
Concentrating Co. 1888 deficit was
s508,948 VS.. deficit Sl,044.028
Baltimore & Ohio r. RI. C. C..
approved 100000 loan by P. w. A.
to this company for reconstructing
equipment and building new gondola
cars
United States Steel Corporation
Plants operating this week at 40 per
cent OF capacity as compared with
1913 per cent in like 1888 week.