Evening star., 1935-03-11
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, March 1.-THE fol-
. lowing is today's summary Of corpora
ton news prepared by Standard Sta
tistics Co., Inc, New York:
United States Steel Corp-Ship-
ments of finished steel products in
February totaled 583,137 tons, COM
pared with 534,055 tons in January
and 385,500 tons in February, 1894;
for two months shipments were l.
ll7,192 tons, against 717.277 in 1884
period.
White Motor Co-l934 deficit was
Sl.4O0,801 vs. deficit s3.168 $50.
Hudson Motor Car Co.-Shipments
of Hudson and TerTaplane cars to
March 2, totaled 26,l83 units, gain
of 87.9 per cent over like period of
1884 and best for any year since
1880; retail sales in February gained
1000 cars over February 1894.
jefferson Electric Co--Declared a
dividend of so cents on common stock;
on December 90. 1884. a similar amount
was paid on this issue.
Maytag Co. - 1884 first preferred
share earnings were $500 VS.. $20.32
American Smelling & Refining Co.
1884 common share earnings we're
S163 VS.. IT cents.
Aluminium Co. of America-A jury
in Federal court at Hartford, Conn,
awarded Baush Machine Tool Co.,
1856, 800 damages in its antitrust suit
against this company for alleged mo-
nopoliStic practices; court ordered
damages trebled to S2868.9 300 under
terms of the Sherman antitrust law.
HaZel-Atlas Glass Co-1934 COM
mon share earnings were s5.2l VS..
S622
Globe -Wernicke Co-Deficit quarter
ended December 81 was 81 ,567. Un-
filled orders of company on hand on
December 81. 1884, were 40 per cent
higher than at end of 1888. Sales in
January. 1885, were said to have been
greater than any month Of 1884.
Dictograph Products Co.-1934 net
income was Sl62, ,564, equal to 81 cents
q common share, vs. deficit 1882.
Peoples Drug Stores. Inc--1934
: common share earnings were SAB VS..
s427.
Mandel Bros, Inc.-Deficit. year
ended January 81, was $297,l09 VS..
net income S8,017.
United Drug Co., Inc.-l934 common
. share earnings were s131 VS.. IS cents.
. Columbia Gas &, Electric Corp
Subsidiary, Union Gas & Electric Co.,
and officials of Cincinnati have
reached a compromise agreement on
gas rates which is expected to end
four-year controversy; a new ordl-
, nance, agreed to by company and
officials, provides for cut of per
cent to "a per cent in the present rates
over a five-year period; for refund
of S2,l20,000 to consumers from funds
segregated for that purpose, and for
100000 extension of mains to Mount
Washington.
New England Telephone & Tele-
graph Co-Gov. Curley declared that
telephone rates are unreasonably high
and must be reduced at least Is per
cent: he said he hoped to arrange
with telephone company officials for
voluntary reduction.
Pacific Gas g. Electric Co-Com-
pany filed a registration statement
with Securities and Exchange Com
mission, seeking to issue S45 900 900
of a per cent first and refund mort
gage bonds. series G. due December 1,
1864: proceeds will be used to retire
44,646,000 5l2 per cent first and re-
funding mortgage bonds. due Deem
ber l, 1852, on June l, 1885. at los;
new bonds will be offered by a bank
ing group of nine firms.
Illinois Bell Telephone Co-Janu-
ary net operating income was $3.50, los
vs.. $l,052,755 in January, 1894.