Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-08-06
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, August 6.-The follow
ing is a summary of important corpora
ton news prepared by the Standard
Statistics Co., Inc, for the Associated
Press:
News Trend.
Railroad freight loadings for the
fourth week in July were the lowest for
the period since 1922. Total of 919,349
cars was 1907 less than in previous week
and 183,204 below year ago. Usually
shipments in fourth week of July regis
ter a seasonal expansion oy er preceding
week. Official oil statistics indicate
crude output was increased about 26,600
barrels in past week, somewhat higher
than expected Gain is due almost en-
tirely to increase ALSO barrels in
Southwest Texas where Darst Creek
pool had been operating at capacity.
Corporation news includes several ia
vorable earnings statements. Further
July chain store sales reports continue
to indicate results in July fell below per-
formances in prior months. Smaller
dividend disbursements were declared
by Manhattan Shirt and Ainsworth
Manufacturing.
The Companies.
Ainsworth Manufacturing declared
quarterly 62la-cent common dividend,
but omitted l per cent stock dividend
usually paid.
Allis Chalmers Manufacturing I'M
filled orders July 81 totaled $16,674.00o,
against $17,926,O00 June 80, and $14,-
896,719 year ago.
Carnation Co. six months net income
substantially above year ago.
American Laundry Machine earned
$1.59 common share in first half
American Locomotive earned $1.10
common share in first half, against 1924
year ago. Unified orders July / tetaled
SIS, 472 ,948, against $17,834, 1868 January
/, and $31, 727, 460 year ago.
Commercial Investment Trust earned
$1.53 on average number common shares
outstanding in first half, against 1924
year ago.
Chicago, Burlington g. Quincy Rail-
road June quarter earnings, s2.01,
against $2.26; six months, $40, against
$7.27.
Chrysler Corporation dealer shipments
in July totaled 21,779 units, against
27,221 year ago.
Consolidated Chemical Industries
earned SLIP common share in first half,
against $1.24 year ago.
Fageol Motors first half earnings 43
per cent below year ago.
Federal Bake Shops earned 81 cents
common share in first half, against 81
cents year ago.
First National Stores plan opening
i've new economy grocery units in New
England.
r. H. Hoe Co. earned s2,o5 class A
share in first half, against s2.I1 year
ago.
International Paper & Power shuts
down mill OF waterway Paper Products:
newsprint tonnage transferred to Ca
madam International Mills.
kaybee stores July sales up SIS per
cent; 7 months, 1922 per cent above
year ago.
Knott Corporation earnea 81 So COM
mon share in first half, against $l.59
S. S. Kresge Co. July sales of 6.s per
cent; six months, IL below year ago.
Manhattan Shirt reduces quarterly
common dividend to IS cents from SO
cents.
McCrory Stores July sales OF 5.4 per
cent; six months, 0.9 per cent above
year ago.
Proctor & Gamble Co. employees hold
ing stock June 80 numbered 5.3I7.
against SOFT year ago.
Standard Brands earned 81 cents
common share in first half
Taylor Milling earned $317 common
share In first half, against $2.Sl year
ago.
Thomas Engineering & Manufactur-
ing earned $l.34 common share in pc
Rod February &c to December 81, 1929.
j. r. Thompson Co earned S1.94
common share in first half, against
$2.25 year ago.
Timken Roller Bearing plants resume
on four-day schedule; employees number
4 200 in all plants.
Warner Bros. Pictures arranges with
Famous Players Canadian Corporation
for exhibition of Warner Bros, First
National and Vitaphone pictures in Ca
madam theaters
Wheatsworth, Inc, earned 81. 30 COM,
mon share in first half, against $1.I0
year ago.