NEWS OF THE MONTH
Corporate Earnings
Brightest among the financial reports for the third quarter and first nine months of this year is made by United Aircraft and Transport Corporation. Its net income after taxes, depreciation and minority interest amounted to $727,180, equivalent, after deduction of requirements for preferred dividends, to 28 cents a share on 2,084,780 shares of preferred stock; this is an improvement of one cent a share over earnings for the corresponding quarter of 1931.