Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-12

REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK. July 1.-THE following
Is today's summary Of important corp
Grafton news prepared by Standard
Statistics Co.. Inc, New York, for the
Associated Press:
News Trend.
Stocks of refined copper as Of June
80, set a new high. according to the
monthly figures Of the American
Bureau of Metal Statistics, thereby
confirming the forecasts of an I'M
favorable showing Finished copper
America totaled 413,474 tons on June 80,
compared with 398.667 tons on May
81 and 316,762 tons on June 80,
1880. Blister copper stocks, however.
showed a decrease, declining to 1888
tons on June 30 from 190.598 tons on
May 81 and 1885 on April 80. United
States mine output Of copper in June
was 44,647 short tons. compared with
45,580 in May and 56,743 in June, 1880.
The Industries.
Iron-June pig iron output was
1886 tons. compared with !, 1894 ,082
tons in May and 2,934,l29 tons in June,
1880.
Mining and smelting-Rand gold out
put in June totaled 897, 900 fine ounces.
compared with $4,000 in May and
$4,000 a year ago.
Oil-Oklahoma City operators vote
to petition Gov. Murray and Oklahoma
Corporation Commission to issue order
to suspend output until crude oil price
reaches 81 a barrel.
Retail trade-Petition for rehearing
OF Indiana chain store tax decision
formally filed with Supreme Court by
Standard Grocery.
The Companies.
Alpha Portland Cement-First half
operations improbable, shipments of
about Is per cent.
Arnold Constable sales running is per
cent above year ago; physical volume up
80 per cent.
Continental Baking Corporation class
A share earnings, 10 weeks to June 20.
$1.31 against $1.76; rs weeks to June
20, IL cents, against $l.71.
Como Mills-Common share earnings,
five months to May 81, S1.48, same as
year ago.
Equitable Office Building June net
profit $193,576, against S206,330; two
months, s348,249, against s414998.
Finance Co. of America net income
available for common stock. six months
to June so, S74,156. against S91 ,089.
Fox Film-GrosS income for year to
July off 10 per cent.
General Gable expected to report loss
for second quarter; has IL plants in
operation.
Hall wv. F.) Printing-3o cents quar-
terly common dividend; paid so cents
formerly.
Mackay Companies-Telegraph oper-
ating revenue CT land lines only in first
five months $18,966,665; net deficit,
S1,171, 525.
Montgomery Ward e. Co-Larger
unit volume of sales indicated for final
half.
National Dairy Products dividend
needs we'll covered in first half.
Sinclair Consolidated Oil-Consolida-
ton negotiations may be resumed with
Rio Grande Oil.
Standard Investing so cents dividend
on $3.50 preferred stock previous pay
ment, $1.37l2 cents, made August Is,
1880.
United Verde Extension Mining.
June copper output 3,234 o08 pounds,
against 100000 in May.
American Hide & Leather-Increases
side super leather prices l cent a foot
further, or about Is per cent in two
weeks; also advances calf leather cents
q foot; operations averaging about IS
per cent of capacity against so per
cent some weeks ago.
Bunte Bros.-50 cents common divi-
dend; paid 81 February 2 and so cents
a year ago
Empire Solicitations and security
holders voted to continue operations:
had operating profits of about $4,000
in June.
National Enameling & Stamping
Bought in over $4,000 shares of own
stock this year. leaving about 100000
shares outstanding.
Transue g. williams Steel forgings
June quarters deficit, S36,071 against
net income before taxes $23,411, equal
70 % cents common share; months
.eficit, 1921 against net income be-
fore taxes 52,73o, equal to SO cents
a common share.
Kelly-Springfeld Tire-May consider
general increase in prices; June sales
to dealers up IS per cent from May.
National Railways of Mexico April net
after expenses. Of 223 per cent; 4
months, off 29.5 per cent.
Sally Frocks June sales, off IA PEI
cent: months, off AZ per cent.
Walg~ee Co.. had 449 stores as of
June &c.
Standard Steel Spring gets Spring
contract for new Plymouth car.