Evening star., 1934-04-29
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.


Is todays summary of corporation
news prepared by Standard Statistics,
Co., Inc, New York:
Aviation Corp-Post Office De-
partment opened bids from American
Airlines, Inc, new subsidiary, for
temporary 90-day contracts to carry
airmail from Fort Worth to Los An
geles and Newark. N. j., to Chicago,
via Buffalo, at 3912 cents per airplane
mile.
Fairchild Aviation Corp 1888 def
cit, S48,413 VS.. deficit $52,675; untitled
orders as of March 81 were $691, ,120,
exceeding gross sales for year 1888.
General Motors Corp.-Retail de-
EverieS by Chevrolet dealers through
April 20 totaled 235,332 units, against
154.525 in like period Of 1888.
Hudson Motor Car Co.-Deflcit,
March quarter, $802,845 VS.. deficit,
e1,491, ,005.
Zenith Radio Corp-Net income
before Federal taxes, nine months
ended January 81, was S9l,277, equal
TO 10 cents a common share, vs.. def
cit, $392,562.
American Zinc, Lead & Smelling
Co-Net income March quarter,
$4,000, equal to $1.13 preferred
share VS.. deficit, s24,Os9.
Hollinger Consolidated Gold Mines,
Ltd.-Vice president said proposed
Canadian gold tax is equal to about
BIZ cents per share Of companys
stock: declared extra dividend Of S
cents and usual monthly dividend OF
8 cents; on April %, 1884, similar ex-
ira disbursement was made.
American Bank Note Co.-Defic1t
March quarter, $188,545 VS.. deflclt,
t42, 1855.
Anchor Cap Corporation common
share earnings, March quarter, Al
cents VS.. 2 cents.
Smith Il. c. & Corona Type
VS.. deficit s1,o3o,7o3.
Associated Oil Co. common share
earnings, March quarter, 81 cents vs..
4 cents.
Atlantic Coast Line Railroad March
net operating income, $1.16o,226 VS..
$708,243; 3 months, $2,619,780 VS..
S1,s10,712.
Chicago g. Eastern Illinois Rail-
road March net operating income,
s128,007 VS.. deficit, ST. 1925; 3 months
net operating income, $5o,082 VS.. de-
ficit of 1921 ,981.
Denver g. Rio Grande Western
Railroad deficit, March quarter, $685.
800 VS.. deficit, $1,248,SS3.
Erie Railroad March net operating
income, 1892 ,931 VS.. s4s1,37s; 8
months, $3,879,690 VS.. $1,440,95o.
New York Central Railroad-I. C.
c. approved immediate short term
loan Of s1s,s11,10O by R. F. c. to
assist in carrying out May /, rednanc-
ing operations.
st. Louis Southwestern Railroad de-
ficit, March quarter, $4l8,l40 VS.. de-
ficit. s833,eo2
Western Maryland Railroad-March
net operating income, $474,294 VS..
$272,778; 3 months, $1,225,416 vs..
e814,1O0.
Westinghouse Air Brake Co.-De-
felt march quarter, $271,723 VS.. net
income, s17,2sO.
Gilchrist Co.-Net income year
ended January 81 was s25,773, equal
to % cents a common share VS..
deficit s222,110.
Great Atlantic & Pacific Tea Co.
Declared usual extra dividend of Is
cents and regular quarterly dividend
OF $3.50 on common stock.
Kresge Is. 81 Co-President said
that from available figures it was
indicated first quarter earnings were
satisfactory; sales in first four months
we're up about 16 per cent.
Montgomery Ward & Co.-At an
nual meeting Of stockholders. man
agement's entire slate Of directors was
elected by a wide margin over ncmi-
nees of Montgomery Ward Stockhold-
ers' Association, headed by Joseph
Zook; president stated that combined
sales were up 1872 per cent in first
% days Of April, store sales increased
35l per cent and mail order sales
were up $50 per cent.
Consolidated Cigar Corporation
Prior preferred share earnings March
quarter, s1.24 VS.. 80 cents.
General Cigar Co., Inc.-Common
share earnings March quarter esti-
mated at SO cents VS.. cents.
Associated Gas & Electric Co.
Electric output OF system Tor week
ended April 81, increased 121 per
cent over same week in 1893; gas
sendout for this week was up 11.4
per cent.
Cities Service Co.-Wichita Gas
Co., Pittsburgh Gas Co. and Western
Distributing Co.. controlled by COM
pany, announced gas rate reductions
which will cut revenues more than
$500,000 year.
Commonwealth Edison Co.-March
net income $676010; 3 months.
81. .493, 1894.
United Gas Corporation preferred
share earnings, IL months ended Feb
= .ruary %, were $5.65 VS.. $11.37.