Evening star., 1934-01-14
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.
NEW YORK, January 13.-The fol-

NEW 40Hth, JduuhAy 4C.-1hC Az"
lowing is today's summary of important
corporation news prepared by Standard
Statistics Co., Inc, New York:
Aviation orporation-Airma1 car
ried by American Anyways, Inc. sub
sidiary, during November, 1888,
amounted to lQs,s23 pounds for which
it received $3l1, ,e3s, or an average Of
$2.4e a pound.
North American Aviation, Inc.-Air-
mail carried by Eastern Air Transport,
Inc, subsidiary, during November. 1888.
amounted to g.. $50 pounds for which it
received $101 ,956. or an average OF
$1.55 q pound.
United Aircraft & Transport Cor
poration-Airman carried by United
Air Lines, subsidiary, during Novem-
Der, 1898, amounted to 268,857 pounds
for which 1t received $s54,614.
Western Air Express Corporation
Airmal carried by company during NO
vember, 1888, amounted to 25,992
pounds for which it received $50, ,299l
an average Of 81 pound.
Chrysler Corporation-President OF
De Soto Motor Corporation, subsidiary
announced that his company mas on
hand the largest number OF unf1ueo
orders in its history; he said that pro-
duction Of new airfow models Is well
under way at the Detroit plant.
General Motors Corporation-Produc-
ton schedule for Oldsmobiles calls for
an output of 100000 cars for 1894 COM
pared with $4,000 cars in 1888, an OIL
cial OF Olds Motor Works said
Ford Motor Co-SubSidiary, Lincoln
Motor Co., ordered a 80 1-3 per cent In
crecse in production schedule begin
ming February /; q 20 per cent increase
In output has been put into effect for
remainder Of January.
Celotex Co.-Operations Of company
for year ended october 81, 1888, re-
suited in a net loss Of $664,122.
Claude Neon Electrical Products Cor
poration, Ltd-Net profit of company
for 1888 is expected to approximate
$500, 900, equal to 81 1.06 q share on 262,-
302 common shares outstanding; In
1882, SLAP q share was shown on COM
mon.
Chicago & Northwestern Railway
During December, 1888, company made
repayment Of $125, 900 on its loan from
Reconstruction Finance Corporation.
Duluth. South Shore & Atlantic Ry
defictt IL months ended November 81
was $945, ,189, VS.. deficit $1.31 ;,945.
Great Northern Ry. deficit IL month.
ended November 80 was S., 1865 ,210, vs.
deficit 1927, ,8O6.
Louisville & Nashville r. R.-Com-
pany notified 800 men to report fol
work January 16 at machine shops and
repair plants in Louisville.
Wheeling & Lake Erie Ry.-PrioI
preferred share earnings IL months
Outlet Co.-Advances wages 10 pei
cent Of certain employes who were not
given raises under N. r. A. requirement
Republic Steel Corp-Company has
confirmed purchase Of more than $4,000
shares Of common stock Of Gulf States
Steel Co.
Associated Gas q Electric Co.-Elec-
tric output Of system for week ended
January 6, increased SO per cent over
same week In 1888; gas output increased
Bangor Hydro-Electric Co. common
share earnings IL months ended Novem-
Der 80 were $1.59, vs.. $1.83.
Bell Telephone Co. of Canada-Gross
revenues Of company for 1888 were
estimated to be about 100000 less
tnan IN 1889, at emo o. 1888 company
had 100000 fewer stations In operation
than during peak period.
Pacific Telephone & Telegraph Co.
California Railroad Commission ordered
q reduction in rates in entire Los An
geles metropolitan area, served by
Southern California Telephone Co., q
subsidiary, and seven other concerns;
1t was estimated new rates would save
subscribers about $23s 900 annually.
Puget Sound Power q Light Co. 81
preferred share earnings IL months
ended November 80 were $l.72, vs.. $785
Western Union Telegraph Co.-Gross
revenues in November were $6,565, 1927
VI. $o.11o,0s6 IN November. 1882: net
Of $550,ll0; In II months gross reve-
nues were $74, ,965 ,237. vs.. 76.329, ,372;
net income was $4,205, ,346, VS.. o net
loss Of 81, ,396, ,454.