Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-21
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS.

NEW YORK, August 21-The fol-
lowing Is q summary OF important
corporation news prepared by the
Standard Statistics Co.. Inc, New York,
for the Associated Press.
News Trend.
Brokers' loans for the week ended
August 10 increased S14 100000 to a
total Of 81 ,343 ,Oo0, 900. The increase was
entirely due to rise In loans made by
New York banks as the increase Of
ut-of-town banks and the decrease Of
non-banking lenders we're Of the same
proportions. This Is only the second
rise since April Is and with the ex-
ception of last week. brokers loans are
stiN at the lowest figure for the year.
The Companies.
Ajax Judgment fled by
Chase National Bank In foreclosure
action against company for 81, 409,0l5
unpaid principal and interest.
Baltimore & Ohio Railroad Bank
ers offer 10000 shares capital stock of
Allegheny a. Western Railway to this
company.
Connecticut Electric Service common
share earnings, based on average num-
Der Of shares outstanding, IL months
to July 81, $3.71 VS.. $3.4S.
General Bronze gets order for bronze
work on Marshall Field Building in
yolvire about $500, 900.
Kelly Springfield Tire deficit, six
months to June 80, $2Sl, 436 vs.. deficit
$751;, $40.
ParmeIee transportation deficit, six
months TO June 30. $l40,4ll, VS.. net
income before extraordinary deductions,
$50, 628
Allegheny Steel common share earn
ings six months to June 80. 20 cents.
4 Central Public Service has cut oper-
ating expenses over 100000 per
annunn.
engineers public Service declares 40
cents common dividend; paid so cents
July /.
Motor Bankers Corporation deficit
six months to June 80. $697, f0i.
Puget Sound Power & Light july
gross OF 10 per cent. net operating
revenue on 10.8 per cent; IL months,
gross OF 81 per cent, net operating In
come of Us per cent.
Starrett IL. 81 Co. common share
earnings, year ended june 80, 81, vs.
S4.43.
Stone 81 Webster common share earn
ings II months to june 30, s2.4l on
shares outstanding, VS.. SAIL on average
number Of shares outstanding.
Air-Way Electric Appliance files suit
against Electrolux, Inc, charging un-
fair competition and trade mark in
fringement.
Maine central-No action on COM
mon dividend expected until September
10 meeting.
May Radio g. TeIevision-Financia
standing reported not involved in suS-
fff sF4
on New York Curb Exchange.
Pure OH Philadelphia bulk gaso-
line price advanced Il cent to 51s
cents.
Sears. Roebuck a. Representa-
tives of this company and Montgomery
Ward & Co. reported engaged In merger
discussions.
Southern Pacific Co. Sufficient
shares not yet deposited by stockhold-
ers Of st. Louis Southwestern Railway
to make this conpany's acquisition Of
August 81.
Standard on of New York marks UP
bulk gasoline price in New York Har-
Dor to cents.
International Paper g. Power 81 pre-
/ ferred share earnings six months TO
June 80, SITS VS.. 3l.39.
Fox Film l7.T6I shares Of company's
/ A stock and 1898 shares b stock IN
names Of officers and directors as OF
March 81, 1920. 900 shares and 50. SOL
, shares B stock held BY General The
aters Equipment.
| Foundation Co. deficit, six months TO
1 June 80. $235 .022. VS.. deficit 500, I29.
| Nehi Corporation coulon share earn
! ings six months TO June so, 20 cents,
! VS. 81 cents
| Ritter Dental Mfg common share
earnings, six months TO June 80, IS
/ cents, VS.. 81 70.
United Aircraft a. Transport common
/ share earnings. six months 70 June 30
l 81 cents, VS.. IS cents
| United Gas Co. common share earn
| ings, u months TO June 30, 30 cents.
international Silver to shut down
/ Bridgeport plant shortly after first OF
year, now on part time.
National Battery common share
earnings year ended june 20. $3.50 vs.
$4.49.
Roam Antelope Copper Mining Re-
ductiOn In costs OF nearly / cent per
pound from original estimates indicated
because of freight rate cut and lower
coal prices; third milI unit n operation
standard Oil Of New Jersey merger
negotiations reported pending between
company and Standard on Of California