Show I Wall Street Brief S t- t ij 1 NEW YORK April I l Ep lusts of General American a company estimates first Tank I quarter n at This would ou nu pr Pratt f l Or r a common compare P with lIb the previous pre quarter nn and o or ore r e a a. share In the lI first quarter er of 1 1939 30 t Ford Yord Bacon lleon As k Davis II Construction por P has bas been form formed as a wholly holly cs subsidiary of Ford B Bacon con is 1 Darts Davi o In to o handle all 1111 contract construction iet f ties II'S for tor the thc entire organization The S company i P was organized Organised M under rr the la lax's n S of New flex York k state elate t H It will ill have T Texas fires fleu aza In York Yoris and field eld at Dal Din er r I u upon p The rho ho l completion National t l of eO present company f af el tl r. r to fund its present debt d W. W N 8 B. U. U Campbell president rl writ ten t to aloe stockholders hol n The Th let letter r sj sLId said ts the corporation or had b been en successful In effect i jn ng R a preliminary m- m n e 1111 strong tronc b banking Interest a as V result su J which 1 the Immediate eeds of 01 th the corpora ot future futuro lion r rad have havo ad decidedly been met Improved and tho outlook lor lot th the n a Horace Wilkinson chairman of Steel company one of the largest aln steel lec I producer producers Indicated at nt th the tho i alloy J i meeting that profits in the first were ere not sufficient dent to cover the i 1 1 dividend requirements I We WI ore are operating at about 50 SO per rt e cert of ot capacity he lie said uld Our busine business u for lor t the th first quarter of ot 1931 ww WU abt about ut SO 50 per e crA rt y of 1930 that However for er the hit H it showed corresponding g r a gain sin fn period of 10 V pe ot cent over o tho the last quarter of 1930 Cruel cannot mike make money e on o. o M 50 p per r cr cent en o se- se 9 1 crating rate W will IU I just JUil a Ut get ett cc even tn n break a David Duld K Bruce BruC has bu 1 teen been en elected an en addi lIona director of ot Aluminum Company c or 0 America a C C. E. E Adams 1 hIl chairman of the h U. U S s. s m In du Alcohol 1 company said I a consider I abl ably increased amount of alcohol to s L b sold this year tar had been en booked C compared with last year jear but ad added that thi ims a cf course does not mean that we will mice make i z profit He saId sald that some of the business which the Present low prices price L bring in un no will be retained when then the price advances S Dow Dov Jones A Co ears cays that directors o o American Water Works So Electric company clil maintain the present dividend me rate of 3 a shire share on the common stock 1931 despite Indications Indication that per share earnings for the year may mar be below this that figure S Henri A A. A president of th the Chicago Milwaukee St St. Paul A t Pacific railroad said that business In April Is thov Ing a stealer greater percentage of decline Sro from last year than in Starch March but explained this probably w was as due to the tact fact that Aj April rU of 1930 showed a rain gain over o the preceding month which Is not ordinarily shown chown I- I Henry henri Krohn wins president In chaga of sales of Federal Motor Truck company said moro more orders were received ta in larch than In Any other month except one ons durme due dur me inc th the past eight months March sues sales In In- Increased creased 50 O per cent over February he ht said and April Is showing shoeing a further gain I Current earnings and prospects of Fret Fret- port Texas company justify maintenance of the present annual dividend rate of u is and there appears little likelihood that di directors di directors rectors will matte make any further change this year rear President Norton said today The rite rate was as cut from SI 1 a month ago |