Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-05
CORPORATION
REPORTS
rpENDs AND PRosPEcTs or
LEADING ORGANIZATIONS.

n n
NEW YORK, August 5.-The follow
ing Is summary of important corpo-
ration news prepared by the Standard
Statistics Co., Inc, New York, for the
Associated Press:
News Trend.
Revenue freight car loadings were
very unfayorable, as the returns showed
q sharp decline instead OF the CUSTOM
airy seasonal upswing, Actual loadings
for the week ended July Is, as reported
BY the American Railway Association,
total TAI, 752 cars. which compares with
757,655 cars In the previous week and
3d. O1 cars In the corresponding week
IasN year. All commodities With the ex-
ception Of coal and coke figured in the
Daily average crude oil production for
the week ended August ! was $780,
$50 barrels, compared with 2,406,9 $50
barrels In the preceding week, accord
ing to the American Petroleum Ynsti-
|tute. Although the majority Of districts
reported O. decrease, further substan-
tiai increase in East Texas output
caused the daily average to rise. Case
$4,000 barrels to 36,742,000 barrels,
which compares with A, 100 900 barrels
on August 2, 1880.
The Companies.
Adams Mills Corporation common
share earnings six months ended June
80, $3.50, VS.. $215.
Auburn Auto-July shipments OF An-
burn and Cord autos, 2,5o0, VS.. 3,205 in
-
Continental Oil Del) deficit six
months to june 30, $6,528,S41. VS.. net
income, before Federal taxes, $2,643, $40,
equal to Sc cents q common share In
1880.
Detroit Steel Products deficit six
months to June 30, $is2,92s, VS.. deficit
Graham-Paige Motors July produc-
ton aggregated i.522 cars. -,
KelVinator Corporation July ship
ments I1p 40 per cent and June ship
ments up 40 per cent from a year ago.
Melville Shoe common share earnings,
six months to June 80, $i.S7, against
National Bellas Hess July sales on
2l.2 per cent; seven months on 30 per
cent
Republic Steel suspends melting OPP
erattonS in Youngstown open hearth
atoms at 80 per cent of capacity.
southwest Gas Utilities net income
before taxes, six months to June 80,
$lle. 267, against 1858. 09T.
4 Warner Bros Pictures reported this
company and subsidiary, First National
Pictures as having signed contract for
exhibition of films In entire Paramount
| Publtx chain.
Anaconda Copper Mining subsidiary.
| American Brass Co, cuts prices on brass
materials one-eighth cent and on cop
per one-GaaTter cent.
Mack Trucks deficit, six months to
June 80, $5i, 1926, against net income
sl.sOo. 6ss, equal to $2.4s. q common
share in 1890.
Panhandle Producing g. Refining
deficit. six months to June 80, S297, 67s.
against deficit $36.542.
Revere Copper a. Brass reduces price
Of brass and copper products TO IA
cents q pound from 8 cents delivered in
Connecticut Valley. for electrolytic cop
per.
st. Louis Independent Packing stock
holders 10 vote on sale of property to
4 Swift e. Co. for 81, 500. 900 cash: inven-
tories TO be purchased at market price
on sale date.
skelly OH deficit, six months to June
] 30. &2.702, 1888. against net income ST.
2eS. 794. equal to $1.0e common share
! in 1880.
spiegel May. stern Co. defacit, six
months 10 June so, eIS1, 470, against
deficit 9Tze,i46 in 1880.
Sterling Securities no action taken
on 81 20 preference stock dividend; paid
30 cents share June /. 1891.
AIts-ChalmerS Mfg. untitled orders
july 81, $e.0Oi 900, VS.. $685., 900 June
30. and sis. Sos. 200 July 81. 1880.
Boston q Maine r. r. reported d.
rectcrs not expected to declare dividend
en- common at August nesting.
Prairie Pipe Line July crude oil de-
hrertes 2e26.499 barrels, VS.. 2,l47, 1896 in
June, and 7,04S ,297 barrels year ag1.
Republic Steel starts IL more tin
units at Warren. bringing total TO "a,
Cities Service Co. injunction obtained
against Kansas law, prohibiting sale Of
/ merchandise and accessories BY gas
companies.
Eureka Vacuum Cleaner deficit sir
/ months 10 June 80. &si3.e2. W. deficit
&i03.e4e in 1890.
Federated Metals deficit SIX months
70 May 81, &se.loe. W. deficit 44s2 .0ss.
New York Steam receives contract for
steam service to al Federal buildings
IN Manhattan, expected 100000 900
pounds Of steam year. representing 5
per cent OF con1pany's total output viii
be used: reported planning S25, 900 900
eapansion expenditures IN next I'VE
ycars.
2. S. stael cuts salaries 10 to Is per
cent, effective August Is.
Western Dairy Products net income,
before subsidiaries preferred dividends,
six months 10 June 80. e7iTss2l, vs.
| sA40. Ca
n Bfckfcrdis, Inc, July sales up 32S
per cent: seven months Up sci per cent.
CushnaAn's Sons Inc, - preferred
share earnings. % weeks TO July H.
l4l73l ". A17.5e.