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

States and Canada in July is estLnateu
at 275,298 cars and trucks by the Ma
tional Automobile Chamber OF COM
merce This is q decline OF 27.2 per
cent from June and Al per cent below
July, 1929. Seven months output IS
placed at 2,605.529 units compared WIN
1891. los in 1929 period, a decline OF
1876 per cent.
Corporation news is again. for most
part, unfaVorable. Warner Bros. Flc-
lures took no action on quarterly COM
mon dividend due at this time. Furtner
reductions in prices were announced py
Holeproof Hosiery and American Benz
berg Earnings reports are disappolnL-
ing, but include three companies Wnlcn
bettered their showing of year ago.
These are American Tobacco, Pullman,
Inc. and Western Auto Supply. FlghIS
are offered by Newport Co.
The Companies.
American Glue accepts offer OF Car
borundum Co. to buy sandpaper ana
abrasive business for 50, 800.
American Bemberg reduces yarn
prices further: sales first half reported
40 per cent larger than year ago.
American Tobacco earned STAG COM
mon share in five months to May 81.
Atchison, Topeka 81 Santa Fe Rail-
way reduction in grain rates Will cause
loss of about S2,250,000 annually IN
systems gross and net. Glass rate
changes also will result in lower rev.
enues because of reduced long-haul
rates.
Baldwin Locomotive Works July ship
ments S2525. 900. against $2,346, 900;
seven months. $2O,005, 900, against Sl0.-
$4,000 Untitled orders August ! to-
tailed $12,6OO,0OO, against $17,600,000
wear ago. Bookings in current year,
SO. 900. against $23,ooo,ooo in 1929
period.
Borden Co. New York milk price ad-
vanced / cent a quart.
Brooklyn Manhattan Transit repre-
sentatives of city and Transit Commits
sion fail to agree on price to be offered
for lines for unification with new sub
way; opinions of value vary as much as
$50 900, 900.
Chicago, Rock Island 81 Pacific Ry.
reduction in grain rates to cause loss
about 100000 annually in grain reve-
nue..
share in first half, against $3.69 year
ChiIds Co. July sales off Ill per
cent, seven months down 1.9 per cent.
Chrysler Corporation price for new
imperial Fights range from $2,495 to
$2,895; range former imperial line, 3d.
995 to 1885.
Commonwealth Securities, Inc, liqui-
dating value June 80 was $34.23, against
$4514 December 81, 1929.
Dexter Co. earned $1.37 common
share in first half, against, $1.49 year
ago.
Ford Motor seeks bids for Buffalo
assembly plant, to cost $1,7o0,000, with
machinery.
General Steel Castings earned 10
cents common share in June quarter.
Holeproof Hosiery reduces prices on
mems hosiery 10 to IS cents and won-
ems, 10 cents to $3.50 a dozen.
Indian Motor Cycle had deficit
$368,793 in first half, against deficit
$414,951 year ago.
Insurance Certificates, Inc, nquidat-
ing value June 80 was $13.25, against
S15.23 February %, 1880.
International Safety Razor earned
$I.31 common share in flrst half,
against $1.70 year ago.
International Superpower liquidating
value June 80 was $43.34, against $4058
December 81, 1929.
Interstate Department Stores earned
$165 common share in first half,
against Sill year ago.
Kaynee Co. earned 1885 common
share in year to June 80, against S4.4S
in previous year.
Louisiana Oil Refining installed its
own vapor phase system Of cracking at
Shreveport Refinery. Patents have been
applied for equipment developed by
company's engineers.
National Dairy Products New YORK
milk price advanced / cent quart.
Newport Co. offers common stockhold-
ers rights to subscribe to additional COM
mon stock at $50. In ratio one new
share for each 40 held.
Oppenhein, Collins & Co. sales three
months to July 81, of 1875 per cent; six
months, 1863 per cent below year ago.
Porto Rican American Tobacco oe-
clared initial quarterly dividend 0f72
cents on new no par A stock.
Power e. Light Securities Trust liqui-
dating value July 20 was $61 90, against
1924 April 10, 1880.
Pullman, Inc, earned $1.37 common
share in June quarter, against $l,l6'
six months, 1884, against $2.24.
Radio Corporation America installa-
ton sound picture units In first hall
totaled IT'S, nearly twice previous 10
months total.
st. Louis, San Francisco Railway re-
calls about 1000 employees.
United States Steel Prick Coke Works
shut down.
Warner Bros Pictures omits 81 quar-
terly common dividend currently due.
western Auto Supply earned SLOT
common share in first half, against AZ
cents year ago.
American 81 Foreign Power June net
after taxes up 80 per cent; IL months,
SIS per cent above year ago.
American Steel boundaries earned
$I.93 common share in first half, VS..
$3.50 year ago.
Bon Ami Co. earned 1925 common
share in first half, VS.. $342 year ago.
Burns Bros. to advance price an
thracite coal SO cents ton at beginning
September: an additional increase same
amount will be made in october.
Commercial Credit earned $1.1O COM
mon share in first half, VS.. SALT year
ago.
Consolidated Gas, Electric Light g.
Power of Baltimore earned $1.26 COM
mon share in June quarter, VS.. 81 81;