Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-30
CORPORATION
REPORTS
TRENDS AND PROSPECTS or
LEADING ORGANIZATIONS.

NEW YORK, August 29.-The follow
ing Is todays summary Of important
corporation news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press:
News Trend
Wholesale and jobbing trade registered
. belatsd seasonal expansion curing the
past week, according to reports OF the
mercantile agencies. Demand was CEN
tered largely IN light merchandise such
as silk, cotton, wool and shoes. Retail
trade remained stable with buying of
school supplies a sustaining factor:
cooler weather in some sections also
stimulated the demand for Fall mer-
cfandiss. On the whole, it is reported
sales for the season are not greatly be-
low these Of year ago. when allowance
Is made for the price declines.
The Industries.
Autonobiles-Juiy automobile produc-
ton in the United States totaled 2e1 1851
cars, against 25O. 657 in June. and $685.
$50 in July. 1880.
Oil-Texas Railroad Commission to
request maintenance of martial law in
East Texas field until compete observ-
ing Of proposed proraeon order by all
producers.
Brockway Motor Truck deficit. six
months to June 30. s550,475. VS.. net
income $2l2,335, equal to so cents q
common share
Crown Willamette Paper 81 FIRST
preferred share earnings, quarter ended
July 81. SAB. VS. $500.
Grant w. T. Co. common share earn
ings, six months TO july 81, st.12.
vs. 70 cents.
IMPERIAL OIL Ltd. "a. gas sales thus
Tar III current year running ahead Of
National Power & Light common
share earnings, IL months to June 30,
s17l, VS.. s224
share earnings, 7 months to July 81,
si-67
Petroleum Exploration. Inc. declares
1915 cents quarterly dividend; for
merly paid IS cents
Power Corporation of Canada, Ltd
Regina Council approves draft of fran
cf1ise for distribution Of natural gas
IN that city by this company, subject
to approval Of ratepsyers
Rbenstein (Helenal Inc, common
share earnings, six months to June 80.
81 cents. vs. ~ cents
White Motor deficit. six months to
June 80. $1,000 10. VS. net income 81
o4s I'll, equal to sl.3l d common share,
omits common dividend. previously
paid % cents quarterly
Ann Aroor Psilroad July deficit. after
charges. $523s VS.. surplus ss,S71 /:
seven months deficit. S1s4.774, VS.. sur
plus, S45 ,923
Associated Telephone e. Telegraph
declares so cents additional participat-
ing dividend on class A stock
Gibson Art Co.-Orders in first half
current fiscal year 10 per cent below
like 1880 period; esrnings expected TO
be maintained at substantially same
basis as last wear
Keystone Steel &, Wire common share
earnings, year ended June 30, % cents,
VS.. So
Mexican Light e. Power July gross up
o45 Der cent, net. after depreciation,
on % per cent; seven months gross
up As per cent. net of 6s per cent
Pittsburgh Plate Glass Clarksburg
plant to resume operations at so per
cent Of ceDacity October l.
Sharon Steel Hoop-Melting rate at
Lowellvilie plant increased is per cent
over rate prevailing several months to
so per cent
Sinclair Consolidated Oil-Retirement
Of Q per cent pi eferred stock thought
likely before wear end: would REQUIRE
about Sl5,542 $40, company had s35,
T9s in cash at close Of 1890. not
expected 10 issue any OF the 5000 900
share Of preference stock authorized
September H. 1929
Wsbash Railway July deficit, after
charges s44S $40, vs.. surplus, sfteY
charges S21s,9s0 seven months deficit
50 234 704, VS. 'uTo'us 81 3A4 300
Warner Bros Picturee-Reduces al
mission prices In Cleveland theaters II
To 20 per cent
Westinghouse Electric 4, Manufactur.
ing TO supply elevator equipment tol
new Bankers Trust Building; e7e0, COZ
reported involved.
Youngstown Sheet q 1rbe-Makins
sheets at Brier Hill works, Campbell
sheet plant continues Idle
Belgo- Canadian Paper, Ltd-Securi
ties Protective Committee agrees to give
further consideration TO preferred
stockholders request for better term
under reorganization plan.
Canadian Pacific Railway July ne
operating income on Al per cent; sever
months off 2l.5 per cent.
Wright Corporation-Subsid
iaries get order from war Department
for planes and spare parts aagregatinl
$I43l169
Paramount Publix Corporation
stockholders suit seeks TO declare voiC
contracts by which company agreed /.
repurchase shares OF its stock Issued 10
stock in other amusement companies.
Delaware A. Hudson Co.--Subsidiary
Delaware & Hudson Railroad, July ne
operating income of IS per cent: sevel
months of 34.2 per cent
Douglas Aircraft--Gets Army orde
involving $3.50, 784.
Ford Motor, Ltd--First half export
OF Cork tractor plant of 20 per cen
Nashville. Chattanooga d 81. Lolli