Evening journal., 1920-01-05
Charter Mill IS
some GRINDER
Chartering of $lOO,OOO,OOO
Corporations Was Com
mon in 1919
MUCH SPECULATION
AS TO FUTURE
= Special to The Evening Journal.

Special to The Evening Journal.
DOVER. Jan. 5.-With total receipts
by the state last year exec ding ST.
DOOOOO from the charter business. there
is much speculation as 90 how. large
this business will grow In future years.
AZ present there seems TO be no ind'ca-
lion Of the falling or Of the business
md 1920 will likely be another banner
yGf... ,u... MANY ,,rv. charters
granted IN 1919 Some OF the larger
chart rs dled during July 1919, the
banner month were;
American ship and Commerce Cor
Dorat.on. si50O0O000; American Fruit
Growers Inc. $50 000000; BRACES Oil
Corporation. S5OOO0O00; Leonard EX-
ploruiion Company, Sj0000OoO; Indian
Packing Corporation. $40 10000; Wyom-
inq Associated oil Corporation. $4,000
900; UnHed States Automotiye Corpora
H0n S35O0OO00; General Tractors, Inc,
s5i 10000: p. !. Oase plow Co., S22 So
1OO Hughes Petroleum Company. S2O,-
9Q0OOO; Boston Pacific Co.. S30O00,0D. In
addition TO the above there were t2S
with a capitalization ranging from one
million dollars 20 twenty million dol
.ars.
The certificates Of increase during the
month OF July were also unusually
large, including the Food Administra-
lion Grain Corporation from Si5000OOO0
% s50O0O0OOO; Guffey Gillespie OH Co.,
from S32.OOOOOO 10 S52. 10000; National
Notorious Corporation, from $1,000 10
s25 OOOOOO; Eastern Holding Company,
change TO Ford Motor Company. and in
creaslng from $4,000 TO SiOOO00O0O;
Commonwealth Petroleum CorpOIhtion,
rom SC2 10000 90 sj0O,O00O00.
Whllo the month Of August was the
poorest month I'm point OF revenue, there
were some large corporations and In
creases fled during that month, includ-
Ing the l.. To. s. Candy Stores Inc, Sie5.-
O00 600; WOodburn oil Corporation. $780,
100000; v. Niavaud0n Inc, S300OOO0J;
increase in capital stock OF Livingston
Renneries from S7O00OOO % 52O0OO0O;
Combine GranhOphOne Manufacturing
Co, from s30O0OO0O 20 si65OOOO0O.
Other large corporations and increases
hle1 during the past six months include
the following: In Observation-Disclosures
Dttman Oil Company. Inc, si000OoCOO;
MurFay Oil Corporation, SS0OO00O;
Mexican Geaboard oil Company, $780,
O0o0O0: Atlantic Lobos oil Co. S60000-
900; The Skinner Company, $4,000 900;
Consolidated Textile Corporation, $780,,
OoO000; The Coca Cola Corporation, SGO-
O00OCO: Associated Welding Companies,
SiOCOOOOO; Loft Inc, s6jOO0,OOO; in
crease in capitalization OF Electric
AutO-Lite Corporation from si5.OOO.OOO
% S530O00OO0; The Beaver Board Com
Sanies from s2OOOOOOO 10 s75,OOO.OOO;
Federal System OF Bakeries Ic., from
1900 10 S2S0OOOOO.
During October there were also many
large companies fled including the fol-
lowing: A. T. Securities Corporation,
S3JOOOO,OOO; International Trade Mark
Corporation. si25. 900 600; Loews Incor-
DOrated. siO0O0OOO0; Colombia Syndl-
cate, S200,0OOOO0; National Exploration
Company Si00O00,O0O; White OIL Cor
poratlon, $4,000. Also i37 companies
with a capitalization ranging from ST.
10000 20 Sj0OOOOOO. Increase in capital
ization Of The Standard Petroleum Com
pany from S7OOOOOO TO S3OOOOON
During November the companies hav-
ing The largest capitalization included
Central American p troleum Corpora
tion. SiOOO0O,QOO; Bessemer Oil Corpora
ton, 500 100000. There were also i67
companies with a capitalization ranging
from one million TO lfty million dol
lars. Increases for the month Of No
vember included the Radio Corporation
Of America from $4,000 TO 2jOOO.OOO;
n. F Wilcox oil and Gas Company from
S2OC0OOO TO $4,000 600; The Greenwood
Company, siOOO,OOO TO s2i0OOOOO; Goet- !
hels. Walford d Boyd Inc, $4,000 TO |
S25 100000
In Dec mber large companies charter !
ed included the Selby Oil & Chs Com !
pany, 800 O0O,000; Areclo oil Copoa- !
tion. siOOOOOOOO; Orpheum Circuit Inc, !
Sii0,OOOOOO. Among the large increases !
in capitalization included The Atlantic |
Fruit Company from si2.jOOOOO to $780, !
100000; Smms PETROLEUM Company
from s5OOO0.O0O to si0OO0OOOO; Nc |
Nenzie Oil Company, S2,0OOOOO TO $50 /
10000.