Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-15
CORPORATION
REPORTS
TRENDS AND RiesrEcrs OF
LEADING ORGANIZATIONS

NEW YORK, July 1.-THE following,
Is summary Of important corporation
news prepared by the Standard Stats
/ tics Co. Inc. New York. for the Asso-
ciated Press: =
News Trend.
Revenue freieht-car loadines for the
week ended July were, Of course,
lower due to the holiday. but the daily
average. emitting the holiday. exceeded
the customary seasonal gain consider.
ably. Total loadings. according TO the
american Railway Association. were
In the preceding week. decline Of Gle,
All cars and, ia, ia cars fewer than in
the like 1890 week =
Crude oil production continued to rise.
gaining 62,i60' barrels to q daily aver.
age Of ASA, $50 barrels, which compares
with gain Of 40,550 barrels: to q daily
average Of 2,4e2,50 reported for the
preceding week. according to the Ameri-
can Petroleum Institute. All major dis
tricts contributed to the increase, while,
most Of the smaller districts showed Q
nominal curtailment. Gasoline stocks ct
refineries during the week ended July
II decreased 1,356.000 barrels to- 3D.
342 900 barrels. .-.-z
- The Companies.
American d Foreign power-O Obtains
concession to supply Bucharest with gas
and electricity.
American Founders-Net asset value.
June 30. 1881. S4.S6 common share.
AmoskeaG Manufacturing-Rece
tax credit Of $406, 7s5 because Of over
assessment In 1919. 1921 and 1927. -
Cities Servtce-Kansas District Court
rules Unconstitutional law under which
Kansas banking department barred sale
OF this company's stocks, except FIRST
preferred. IN that State.
ConSolidAted LAundries common share
earnings. ~ weeks to June 20, % cents,
against 90 cents
Dresser g. RI Manufacturing class,
B share earnings, six months to June
80. $2.l2, against $2.15.
Gabriel Co. June quarter deficit. 81
so3, against deficit $40, sos: six months
net income. 1898. equal to 2 mills q.
common share. against deficit &s7,3S7
in 1880 =
General Electric receives 81 900 900
meter contract
Imperial on cuts Western Ontario
crude oil price IS cents barrel
mtercontinsntal Petroleum 1890 net
loss, before depreciation and depletion,
s2o.147, against $26,4sl.
Lynch Corporation declared SO cents
quarterly cash dividend, but passed I
per cent stock dividend usually de-
declared. - 's1 :,
Market Street Railway gross earn
ingS, IL months to June 30, on e.S per
cent; net earnings, including other in.
come, but before provision for retire.
ments. on 1871 per cent.
Middle West Utilities June electric
output Of system up So per cent.
Radio Keith Orpheum expected to
TO show small loss for second quarter:
theater attendance total about per
cent below year ago, but theatef profits
larger because Of lower expenses: com.
pany borrowed 5000. 900 TO finance ae-
QUESTION Of Pathe Exchange assets.
Soldering Rubber June profit, before
$124.s46 in May and $ss,l37 in April;
June sales up 2s.4 per cent from .
year ago. .. s =
Standard Oil IN. J).-Bulk kerosene
reduced a cent 70 AZ cents q gallon
at Baltimore, Norfolk, Wilmington and
Charleston. =
Swedish match reduces OUTPUT e.
plants In Sweden by about. IL per cent.
Sweets Co. Of Ameriea-June quarter
common share earnings, - cents,
against q cents: six months, u cents,
against IS cents.
United Founders-Net asset value
May 81. 1881, $3.50 o common share.
against 1896 November 80, 1880.
United States tional
Mercantile Marine reported planning
purchase offer for lines Of company.
Western Air EgpreSs-Passed common
dividend; paid Is cents Nay 1. CO.
Western Union TeleRraph-June -ouar-
ter common share earnings, sass,
against s3.o5;estx months, Sale, against
1882. -. e. 49,. -. ~. -. - -
Canada Dry Ginger Aie-seeond-
quarter earnings estimated 1T &i.3e q
share. against % cents earned in pre-
cedtng quarter; nine-month earnings
placed at $z.62 . share. =
Lincoln Printing--June quarter COM
mon. share earnings. % cents, against
s2.12. -
Alaska Juneau Gold Minins-Ore
mined and trammed to eonpany's mill
totaled $40 40 tons In June, with aver
age recovered value Of S5.08 cents a
ton. against So, 270 TONS at e60s cents
in May and 3fs,77o tons at 1881 cents
q year ago.
Eastern States Power-omits quar-
terly common dividend; paid IS cents
Golden State Milk Products+com-
airy 20. $l.71, against $2.2S.
GRIEF Bros Cooperage Corporation
Current asset ratio reported to be IL
or II to I.
Hunt Bros. Packing-Omits quarterly
dividend On class A common; paid SO
cents May I, 1891. -
international Shoe-May advance
shoe prices. ~
-Krogef Grocery q Bakins-Net work.
ing capital rs Of June 20, $20,83i .4e4,
against siS,elT,e44 year ago; cash
and United States Government secure
ties $1o.l72.S24, against $4,T44, 5o4: in.,
ventories, $l6,9so,4io, . against s2l,.
<<4,tJo. =. --tr q
Nashville. Chattanooga IL st. Louis
$3.50 semi-annual dividend; formerly
paid $3.50. ~ -
Republic Steel-Onice workers placed
on nve-day week, against six-day for~
merly.
United States Steel--Knsley rain mills
OF T. C. & I. to suspend operation Inc.
definitely.
Peoples, Light d. Power-Passed
quarterly dividend of 81, $3.50 and Sc
preferred stocks: paid SITS. 3i.s2h<
and $3.50, respectively. May 1.
FREIGHT LOADINGs DROP. =