Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-07
Corporation News

NEW YORK, May THE following
Is a summary of important corporation
news prepared by Stanford Statistics
Co., Inc, New York, for the Associated
Press;
News Trend.
Loadings of revenue freight in the
week ended April 26 totaled 907,l74
cars, an increase of 1928 cars over
the previous week, but the lowest of
any like week since 1922. Compared
with the same week in 1929, the decline
amounted to 144,711 cars, the largest
decrease shown in any week since the
beginning of the recession. Steel ingot
production in April amounted to A.
1882 tons. decrease of 145,673 tons
from March output and 794,713 tons
under that of April, 1929. In the four
month period production was 1896
587 tons, 2,529,9 19 tons below total of
same period year ago. Daily average
production in April was 1928 tons,
against 1863, 499 in March and 189, 1924 in
April, 1929: Average output in the first
four months was 1928 tons daily,
against 182,647 in 1929
further reduction was made in the
price of copper on Tuesday. Latest
quotation of 1914 cents pound is the
lowest In over six years.
The Companies.
Alaska Juneau Gold Mining April
profits, before depreciation, s77,600,
against $4,000 year ago; four-month
profit. 1888, 450, against S286800.
Blum's. Inc, earned SLAP in fiscal
year to January %, 1880, against $3.13
in previous fiscal year.
Bucyrus- Erie received order from
Anglo Chilean Consolidated Nitrate for
IL dragllne excavatorS and IL high lift
shovels.
Calumet &c Arizona Mining net, be-
fore depreciation and depletion. ST.
037,377 in March quarter, against So
690,617 in like 1929 period
Continental Baking earned 4 cents
on common stock in Is weeks to April
IL, against $2.18 in like 1929 period.
Cuban Tobacco earned $3.01 on COM
mon stock in 1929, against $2.08 in
1928.
Eastern Steamship Lines had deficit
OF $168,172 in March quarter, against
$1l6,209 in like 1929 period.
Engineers Public Service March bal
ance after charges up IA per cent over
year ago.
Federal Bake Shops April sales up
T.! per cent over year ago; four-month
sales up Sc per cent.
Ford Motor world production cars
and trucks in April totaled 2O6. $40
units. against 191,1 1872 year ago. Do
mesttc output amounted to 17o149
units, remainder made in Canada and
various overseas plants. Adds two new
trl-motor models to its line of airplanes
Island Greek Coal April output. 393-
600 tons, against $50, 600 in March and
1928 in April, 1929
.. 5. kresge Co. had 602 American
stores and % Canadian stores in opera.
ton on April 81.
Mack Trucks earned 81 cents on COM
mon stock in March quarter against
81 :89 in like 1929 quarter.
Lane Bryant Inc. April sales up OIL
off OF per cent.
Marmon Motor Car declares dividend
OF per cent in common stock on COM
mon shares, on March /, a cash divi-
dend OF so cents share was paid. April
sales were 81 per cent above year ago.
Mengel Co. untitled orders, April 81,
were $l,9l9,000, against $2,783, 900 year
ago.
G. c. Murphy Co. April sales up is
per cent over year ago, 4 months sales
up 81 per cent.
Pacific Telephone & Telegraph earn
ed $1.88 on common stock in March
quarter against $2.78 in like 1929 period.
Paramount Publix leases Reid chain
of II theaters in Northern New Jer-
sey, total seating capacity, $4,000.
Pathe Exchange, Inc, j. p. Kennedy
resigns from active management but
will remain as chairman of the board.
E. B. Deer will succeed Mr.. Kennedy,
who also has retired from active man.
agement of Gloria Productions.
]. G. Penney Co. April sales up 1863
per cent over year ago, 4 months sales
up 8.5 per cent.
Phillips Petroleum forms Phillips Pipe
Line Co., to build pipe line for trans
portation of products from Panhandle
of Texas to Kansas and points east,
cost $l2,000,000 to $4,000, 900.
Real Silk Hosiery sales first four
months 1880, about Is per cent ahead
of year ago.
Schultz United 5 cent 81 stores April
sales up 1869 per cent over year ago,
4 months sales up 1905 per cent.
Operating 81 stores in April against IS
year ago.