Show I Earnings t NEW llEW YORK Jan 14 AP Tho AP-Tho The United corporation ag today y reported te for t the tha year g J ended December e 31 net Income e of r lr 18 18 the equivalent of or 15 75 cen cents a a. share on This a compares smaller c number with 16 of common or shares 78 r cents ni In 1930 1030 The company's Investment holdings showed no Important change from those reported In the balance sheet Issued In la March of or last latt year Investments were carried carried car car- ried ned at cost of or against at the end of or 1 1930 30 Bank loans amounted e to 0 an Increase of over v March but l about 2 J less than on December 31 1930 Securities carried on the December 31 balance sheet had an estimated market on that date of ot The United Fruit company one ODO of ot the first large c corporations t to make public IJ earnings tor br 1931 reports ts net Income for last year of or equal causi to 2 31 a ashare share This compares with or 4 1424 24 a 0 share hart in 1930 Current assets on December 31 last lost were 38 against current liabilities of U U. S S. S Realty and Improvement ement company had profit of HG last St year after dividend divi divi- requirements on subsidiaries' subsidiaries preferred r stocks tocks compared with 4 In 1930 American Telephone Telegraph Co the worlds world's s largest lanest corporation earned Its 9 per cent annual dividend b by a small margin margin mar mar- gin In 1931 Walter Waiter S S. S Gifford president sa say in n a letter to Its odd d stock holders These c earnings M II O mg Gifford said donot do donot not take tako into account the company's proportion proportion proportion pro pro- portion of or undistributed earnings or Its subsidiary companies cifford also pointed point point- ed out that earnings of the subsidiary b I c companies corn com panics n Including 31 nt the e ov eov Western Electric t Ic Co rg Inc taken as a a. whole also exceeded their dividend payments |