Evening star., 1934-03-28
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, March 27.-Following
Is today's summary of corporation
news prepared by Standard Statis-
tics Co., Inc, New York:
United States Printing g. Litho-
graph Co., 1888 net income, $3,2l5.
equal to 7 cents a preferred share VS..
deficit $608,342.
Consolidated Aircraft Corporation
suspended all operations at its Buff
falo plant when its 1000 employees
went on strike.
Curtiss- Wright Corporation-Over
1000 workers at Buffalo plant of
Curtiss Aeroplane & Motor Co., sub
sidiary. on strike for higher wages.
Federal Motor Truck Co. 1888
deficit $165,062 VS.. deficit s6:1 ,249.
Eaton Manufacturing Co. granted
employees in its spring and bumper di-
vision an increase of about 20 per
cent in wages and promised second
advance for July /.
Moto Meter Gauge & Equipment
Corporation 1888 net income $50, ,666,
equal to 20 cents a common share VS..
deficit $369,962.
Mullins Manufacturing Corporation
announced 10 per cent increase IN
wages effective April /, 1884.
Carrier Corporation 1888 deficit
$673617 VS. deficit s396,4s3.
Corn Products Feflning Co. has
granted an increase of 10 per cent in
wages to all factory men on an hourly
schedule; new rate was 10 per cent
above that Of 1929 wage level, and
affected 1900 to 2,400 employees; jan
uary business of company was poor
because of the heavy purchases in
November ahead of the processing
tax; business in February was better
and first two months of current year
were only little behind 1888; March
business looks to be better than same
1888 month and better than February
of this year.
Wrigley (Wm) Jr. Co-Stockhold-
ers voted to establish a Sl,000,000 re-
serve fund out of surplus, which would
practically assure employment of
present employees for one year.
Reed Roller Bit Co. 1888 common
share earnings Slip VS.. SLIT.
Natomas Co.-Net profit in Febru-
ary s67,928, against S59,768 in jan
uary.
Newmont Mining Corporation de-
clared dividend of so cents on capI-
tai stock; last payment 81 a share
April IS, 1881.
Atlantic Coast Line r. r. February
net operating income s807.119 VS..
s566, 1853: two months, Sl,459,5 VS.
S1102,469
Boston & Maine r. r. February net
loss $422, 1886 VS.. net loss of S156,145;
two months net loss s5s9,Ss2 VS.. net
loss of s468.006.
Chicago g. Eastern Illinois Ry. Feb
ruary net operating deficit SO VS..
deficit Of s70,217 in February, 1893;
in two months net railway operating
deficit was s77.925 VS.. net railway
operating. S2l0,156.
Central Railroad Of New Jersey
February net operating income. $780,
157 VS.. 1895 ,952; two months, SILICA
37l VS.. s684,027.
Chicago & Northwestern Rail-
way February net operating income,
sl68005 VS.. deficit Of S484.928: two
iiOAtilo, ltG opcI dtiils lllCOIIlt, 1900,
489 VS.. deficit of S898.604.
Great Northern Railway asked
I. c. C. for authority to sell 81. .935, 600
10-year secured per cent serial bonds
to P. w. A. for loans to aid in
financing maintenance work.
North American Car Corporation
I. c. c. rejected proposal of railroads
to reduce from 2 cents to l cent a
mile the allowance paid to this cor
poration for use of mechanical re-
frigerator cars.
Pennsylvania Railroad February net
operating income. s4.098,4 ,442 VS.. 81
618641 in February 1888; two months
S8.765, 1853 vs. S6,l36.000.
Union Pacific Railroad February
net operating income. 1868 800 VS.. d
deficit Of S79,498 in February, 1888;
two months, net operating income, ST.
798.474 VS.. s97.203
Mcclellan Stores Co.-Reorganiza-
ton plan for company will be pre-
Sented at a court hearing scheduled
for April: proposal has the approval
of the Creditors and Preferred Stock
holders Committees: an offer to pur-
chase all of the assets of company in
possession of the trustee has been
filed by a group headed by Hedden &
Co., acting with United Stores Cor
poration. This proposal calls for the
formation Of a new company, Mac
Stores, Inc, to take over assets.
American Rolling Mill Co. an
nounced a 10 per cent increase in
wages for most hourly employees ir
all operating divisions, effective April
l, in anticipation of shorter work
week
United States Steel Corporation
Steel ingot production at plants OF
subsidiaries for week ended March 2t
was estimated at AZ per cent. un-
changed from that of preceding week
and compared with little under Il
per cent two weeks ago and IA pei
cent in like week of 1888.
Wheeling Steel Corporation an
nounced 10 per cent increase in
wages, effective April l. 1884.
Consolidated Textile Corporation
1888 deficit was s229,227 VS.. deficit
S1,233 ,63s.
American Telephone & Telegraph
Cot is estimated system showed
a moderate net gain in stations for
first quarter, contrasted with a net
Ios. of oAn nm 81 q, 1;t,o n,,or