Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-04
Corporation News

NEW YORK, May 3.-The following
Is today's summary Of important corp
grafton news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press.
The Industries.
Railroad acknowledgement Amer
lean Tank Car has ordered 500 refrig-
orator cars from Union Refrigerating
Transit. Baldwin Locomotive has re-
ceiyed order for four switching locono-
tives from indianapolis Union Railway
Steel-Youngstown Sheet g. Tube and
Republic Steel operations to continue
unchanged next week, at IS and 10 per
cent Of capacity, respectively.
The Companies.
American Commercial Alcohol earned
Is cents on common stock in March
quarter VS.. rs cents in like 1929 period.
Chicago & Alton Acknowledgement
Court of Appeals sustained order for
foreclosure and sale Of road entered by
Federal Judge Carpenter.
Chrysler ACKNOWLEDGEMENT dealers
stocks only II per cent of last year.
Cutler Hammer, Inc.-Acquires Union
Electric Manufacturing of Milwaukee.
Detroit Gasket & Manufacturing
earned So cents on common stock IN
March quarter VS.. $1.28 in like 1929 pc
Rod.
Eastern Air Transport, Inc, carried
55,316 pounds of airmail between New
York, Atlanta and Miami in April,
against 48, 1872 in March. In two years
of operations, to April 80, carried 1885,
253 pounds mail.
Edison Bros. Stores April sales up
$50 per cent over year ago; Tour
months sales up 294 per cent.
Follansbee Bros shipments up II per
cent in first Is days of April.
Goodyear Tire & Rubber starts regu-
lar production of Goodyear airwheels
with its specially designed tire for air
planes. National Acme to produce hubs
and brakes.
International Printing Ink new COM
pany to be formed through consoltda-
ton of International, and the Dyestufts
& Chemical Division of Newport Co.
Terms of consolidation call for acquiSi-
ton by new company of all securities OF
two companies through share exchange.
Isotta Fraschini Automobile earned
$1.10 on capital stock in 1929 VS.. 88
cents in 1928.
Lond Island Railroad March net OPP
Grating off "a per cent from year ago;
8 months net off 20 per cent.
Marlin Rockwell earned $1.03 on COM
mon stock in March quarter VS.. $l.94 in
like 1929 period.
Missouri Pacific Railroad earned
$10.42 on common stock in 1929 against
$7.15 in 1928.
Murray Corporation Of America April
output 10000 bodies, largest Of year.
Ford volume currently calls for 5000
frames and 5000 tenders daily.
Phillips Petroleum stockholders OF rec
ord May Is receive rights to subscribe
to CTS 500 shares authorized stock at 1872
q share, in ratio on3 for four held. Pro-
ceeds for reimbursement Of treasury and
extension manufacturing activities.
Seeman Bros earned $l.05 on COM
mon stock in March quarter against
81 80 in like 1929 period Nine months
to March 81 were $4.54 COM
mon share, against SSH in like previous
period.
Thompson products earned "a cents
on common stock in March quarter
against $1.41 in like 1929 period.
Western Union Telegraph base charge
to be increased 80 per cent for new
high-speed tickers.
P. w. Woolworth Co. had 1,846 stores
In operation in United States, Canada
aIlQ SuDh OH ApIll ~. EAiSiASh SuDSAuA-
airy had $50 stores and German COM
pany SO.
Fox Film declares quarterly 81 cash
on A and 3 stocks due to have
been paid April IS. Scrip issued in lieu
Of January quarterly cash dividend to
be redeemed May Is.
General Motors Oldsmobile division
shipped 1882 cars In April against 1876
n March and 1872 in April. 1929.