Earnings

The September operating incomes of the first 70 railroads to report averaged 21.2% below September 1929. Important industrial earnings released last week included:

First nine months 1930 1929 000's omitted

American Bosch Magneto 57D* 927

American Metal Co 1,629 2,566

Atlas Tack 84D 75

Auburn Automobile 1,044 2,958

AutoStrop Safety Razor 1,411 759

Bethlehem Steel 21,552 32,196

Calumet & Hecla Consoldated Copper 1,245 5,908

Childs (Restaurants) 737 740

Conde Nast Publications 1,091 1,1 14

Container Corp 416 441

General Cigar 2,285 2,965

General Motors 131 31,403 222,848

General Refractories 1,786 1,863

Grand Union 814 628

International Business Machines 5,474 4,914

International Silver 297 D 1,098

Mengel Co. (Containers Boxes, & Etc.) 156 1, 068

Motor Wheel Corp 1,032 3,305

Mullins Body 31 D 474

National Tea 776 1,759

Prairie Pipe Line 14,041 17,110

Radio-Keith-Orpheum 3,052 1,637

Reo Motor Car 1,305 D 2,093

Rio Grande Oil 3,110 4,253

Savage Arms 235 605

Studebaker 3,211 13,883

Thompson Products (Pistons & Etc.) 357 1,138

Ulen & Co. (Foreign Utility Construction) 831 969

Webster Eisenlohr (Cigars) 62 D 404

Westinghouse Air Brake 5,699 6,164

Yale & Towne Mfg. (Keys, Locks) 144 1,782

Yellow Truck & Coach 1,053 853

Youngstown Sheet & Tube. 7,036 17,294

*D means deficit.

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