Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-10-25
TODAYS
CORPORATION
NEWS

NEW YORK, October 25.-The fol.
lowing is today's summary OF all irn'
portant corporation news prepared by
Standard Statistics Co.. Inc, New Yorh
for the Associated Press.
News Trend.
Despite the hysteria current in the
securities markets of the country. corr
porate news released yesterday included
some of the most favorable items pub.
lished In some time. Three of the
larger steel companies, Bethlehem, Re.
public and Gulf States, reported nine
months earnings greatly in excess Of
year ago, while companies in otheI
industrial lines made an equally fine
showing. OF the railroads, Pennsyl-
vania, Wabash and Chicago b North.
western also reported large gains in NET
over corresponding periods of 1928. In.
creased dividend rates were announced
by Hudson & Manhattan Railroad and
Warner Bros. Pictures, while Chile Cop.
per declared a sizeable extra. The only
development directly attributable to the
break in stocks was the abandonment
Of merger plans by several organiza'
tons.
The Companies.
American Department Stores, nine
months to September 30, sales up 81
per cent over year ago.
American Founders United Founders
group reported to hold S75.000.000 cash
American Home Products issues i 2 ,00t
shares in acquisition of Manhattan
Medicine and Ripans Chemical.
American Smelling & Refining &C.
quires mining rights to property IN
Bosnia.
A.. r.;l.1.I ...u.. en- "a ~,
share in first nine months, against
$40 year ago.
Arundel Corporation receives con.
tract to construct dam and power
house for new safe harbor hydro.
electric development of Pennsylvania
Water & Power.
Bethlehem Steel earned 1880 pei
share average share) in nine months
to September 30. against 1894 year
ago: currently operating at 81 per cent
of capacity, against 97.8 in third quar-.
ter; had untitled orders Of s61 .O70. 00a
on September 80, against $50. $780, 600 on
June 80.
Bohn Aluminium & Brass plan fol-
merger with Wilcox Rich abandoned.
Bon Ami earned $5.25 per class A.
share in nine months to September 80.
against $440 year ago.
Butte Copper & Zinc earned ~ cents
per share in nine months to September
80, against % cents years ago.
Central Alloy Steel issues $500 com.
mon shares to Otis & Co. as compensa-
ton for services in connection with
Interstate Iron 81 Steel merger.
Chicago 81 Northwestern Railway
September net up 4.8 per cent: earned
$7.37 per common share in first nins
months, against $3.50 year ago.
Chile Copper declares $50 extra
dividend and regular quarterly of STA
cents.
Consumers Power, 70 months to Sep
TENDER 80, net after charges and re-
serves, up 17.6 per cent over year ago.
Curtiss Wright receives order for q
engines and spare parts from United
States Army.
Dominion Stores, Ltd. earned. 90 cents
per share in six months to June 80.
Eureka Vacuum Cleaner reports nine
net exceeded the 1914 per
share earned in entire 1928.
General Motors earned $496 per
share in nine months, against
1897 year ago; had $iS7.e5s.o0o cash
and marketable securities on Septem-
Der 80, against $263,864,oo on same
date of 1928.
General Railway Signal earned S5.53
per share in nine months to September
30, against 1894 year ago.
Adolf Gobel earned Is cents per share
n nine months to September 80, against
81 81 in entire 1928.
Granite City Steel earned 1896 per
share in nine months to September 80.
Gulf States Steel earned $500 per
share in nine months to September 80.
against SAIL year ago. ,
Hudson & Manhattan Railroad in
,reaseS annual common dividend rate
o $3.50 from $3.50.