Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-02-02
Corporation News

NEW YORK, February 1.-The fol-
| lowing Is today'S summary OF 1npoT-
tant corporation news prepared py
Standard Statistics Co., Inc, New YORK
for the Associated Press.
! The Industries.
Oil-Gasoline added to storage dur
| ing 1929 amounted to 10,o49, 900 barrels
this compared with a withdrawal from
storage In 1920 of $50, 900 barrels and
reduction of 5,707,0 900 barrels in 1927
| Stocks OF gasoline at the end Of 1879
totaled 43,115,000 barrels. Storage OF
all oils, crude and refined, show an in
| crease of 62,S44, 900 barrels, compared
with an increase CT 22.582, 900 barrels
in 1928. Total supply of all oils, crude
! and refined. at end of 1929 amounted
to 682, 069, 900 barrels.
Railroad Equipment.-Order for 210
fiat cars placed with Mayor Car Cor
poration by Anglo Chilean Consolidated
Nitrate. Bangor & Aroostook Railroad
places order for 200 steel underframes
with Pressed Steel Car Corporation.
Order for 1000 tank cars placed with
American Car g. Foundry by Canton
Tank Car.
Rubber.-World rubber production in
1929 was at a new high level, output
approximating $4,000 tons, or 80 per
cent over 1928. World consumption
totaled 785,000 tons, or about 8.5 per
cent less than production. Domestic
consumption in 1929 was 475,000 tons,
or 81 per cent below 1928.
Tobacco-Domestic cigarette output
in 1929 aggregated l19038, 841 $50, an
increase of 12.4 per cent over 1928 and
the largest production in the history of
the industry. Cigar production amount
ed to 6,55l $685. 1852, an increase of is
rent ManIYfo fAla
totaled 337,7l8,425 pounds, a drop of
IL per cent from 1928.
The Companies.
Atlas Stores sales, December, 1929,
up 1877 per cent
Canada Dry Ginger Ale earned $1.47
in quarter to December 81, 1929, against
$1.37 in 1928.
Cities Service-New York curb has
ruled that transactions in this COM
pany's rights on when-issued basis are
null and void.
Cumberland Pipe Line earned az
cents in year 1929, against $40 in
1928.
Eureka Pipe Line earned IS cents
in year 1929, against $1.29 in 1928.
General Motors January shipments
Buick and Marquette off A per cent,
compared with January, 1929.
NAOOOI SdI SIll0QeDGS
dropped 80 per cent from January, 1929.
Imeprial Tobacco Co. of Great Britain
and Ireland declares extra dividend on
American depositary receipts of
shilling pence and regular dividend
of about l shilling pence, less ex-
penses of depositary.
InSuranceshares Corpfnoration of
Delaware income from investments only
in period March 8 to December 81,
1929, equivalent to 81 cents on class
A shares
Lion Oil Refining earned $4.3e in year
1929, against SO cents In 1928.
Ohio Seamless Tube declares quar-
terly dividend of so cents, placing COM
mon stock on 50 annual basis, against
81 formerly.
REQ Motor Car January truck and
car shipments of Is per cent from
year ago.
Rollins Hosiery Mills earned $7.66 in
81 weeks to January 4, 1880, against
1924 in 50 weeks to December %, 1928.
Southwest Penn Pipe Line earned
$3.50 in year 1929, against 1912 in 1928.
Texas Gulf Sulphur earned $6.40 in
year 1929, against $5.72 in 1928.
William Wrigley, Jr.. Co., earned $5.73
in year 1929, against $5,43 in 1928.