Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, August 1.-The follow
ing is a summary of important corpo-
ration news PREPARED by the Standard
Statistics Co., Inc, New York, for the
Associated Press:
News Trend.
The preliminary figures of the Bureau
of internal Revenue for cigarette out
nut in the IL months ended June SO
show a total of 1852 ,271 300, COM
nared with 1895 .433. 200 in the pre-
viouS II months. Output OF cigars LOT
the wear ended June 20 was reported al
81 s6 CAT $780, agai. 6.328, 1858 In
the like preceding 'eriod.
The c npanies.
American Solvent & Chemical deficit
ak months ended y 49, 80 $4S7,S53, vs.
deficit S1S8,6o3
Borp-Worner Corporation June quar-
ter common share earnings 81 csnS,
vs.. "a cents; six months 7S cent?, vs.
1882.
operating income on 27.4 per cent; SIX
months OF 53.8 per cent.
Dominion Stores, Ltd, common snare
earnings six months ended June 80 81
cents, VS.. SO cents.
international Nickel Co. OF Canada,
Ltd, reported dividend expected TO be
reduced from Is cents quarterly TO
either ia cents or 10 cents.
I.ibbey- Owens Ford Glass June quar-
ter net income $15,980, equal to l cent
a common share, VS.. $780, 1916, equal to
l6 cents a share; deficit six months
ended June 80 $774,O11, VS.. net income
S1,679,895, equal to SO cents a common
share.
Louisiana Oil Refining March quar-
ter deficit $444.371, VS.. deficit $63. 1913.
McCord Radiator & Manufacturing
class A share earnings six months
ended June 80 SO cents, VS.. $4.12.
National Steel June quarter common
share earnings II cents, VS.. 81 "a; SIX
months, ST so, VS.. 1924.
Shell Union Oil Corporation sub
sidiary, Shell Oil, to maintain salaries
for coming year.
Thompson John R) Co. common
share earnings six months ended June
80, $1.34, VS.. $1.94.
Aviation Corporation CDelaware) TO
reduce round trip rates 10 per cent on
entire system.
loss S575, 1881, VS.. loss S311.860 in 1880
half; sales volume in period OF IS per
cent; inventories 43 per cent under year
ago; net working capital June 30, ST.
455, 168, VS.. $8968.616 at end CT 1880.
International Safety Razor Co.. 25
cent dividend on Class B common; paid
5O-cent quarterly dividend June l. 1881
Reynolds (R. j. Tobacco sales OF
Camel cigarettes reported substantially
above year ago; operations of company S
cigarette factories at maximum.
Air-Way Elec. Appliance deficit six
months ended June 80, $29,240, VS.. net
income S511,1T3, equal TO Sl.l0 COM
mon share.
American Writing Paper reduces pay
of officials and salaried employees lO
per, cent
Blaw Knox Co., Is cents common
dividend; paid 3712 cents June 2; COM
mon share earnings six months enoeo
June &c. AZ cents, VS. $l.28
Du Pont (E. H. de Nemours Co., Inc,
agrees to purchase dyestuffs and cheml-
cal business of Newport Co., subject TO
approval of latter company's stocknolo-
ers.
Ford Motor of Canada, Ltd, six
months sales in eastern provinces on
80 per cent from year ago.
Phillips Petroleum deficit, six months
ended June 80, $2,674 1873, VS.. net in
cor3e S4,638,399, equal to $l.38 COM
non share.
Swift 81 Cc.-NegotiationS for acqui-
sition of st. Louis Independent Packing
for about $4,5oo,oo0 practically COM
pleted.
American Thread common share earn
ings, year ended March 81, 81 cents, VS..
80 cents.
Bauman Qudwig) &, Co. reports sales
for fiscal year ended June 30 up 1852
uer cent from year ago.
Colorado Fuel & Iron Co. cuts coal
miners basic wage scale $l27 a day to
$S.25 day.
General Electric Co. obtains 81 900 900
transformer orders from Commonwealth
Edison and Superpower Co. of Illinois
Illinois Power g. Light net income, IL
months ended June 80, $6,443,424 VS..
S6,S92 ,056.
kansas City Power & Light June
gross up 23 per cent; net income UP
252 per cent.
New York Railways June net income
before adjustment bond interest and ex-
elusive of defaulted charges of certain
controlled companies, $37,067, VS.. $685.
80.
Virginia Electric g. Power June gross
un L per cent: net operating revenue
UP 81 per cent: IL months gross OF
OLA per cent; net operating revenue OH
slightly.
Wilcox-Rich Corporation net income
after class A dividend six months ended
June 30, 1928, 416, VS.. $619,070.