Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-07
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, August THE fol-
lowing is summary Of important
corporation news prepared by the
Standard Statistics Co.. Inc, New York,
for the Associated Press:
News Trend.
steel insot production for July, ac-
corcjinR to the American iron 81 steer
Institute, was 1869 tons, or ABOUT
T2,I6o tons daily, compared with q
OTIS. 900 tons, or 79,643 tons daily, IN
June, the daily output being the
smallest reported for any month since
December, 1921.
The Companies.
Abitibi Power a. Paper-Workers &C
cept 5 per cent wage cut.
Cities Service declares l4S35 cents
dividend on bankers shares; paid l7.2l
cents August ], 1881.
McQuay Norris Manufacturing COM
mon share earnings, months to June
80. S2.44, VS.. $3.50
81 .Ioseph lead deficit after depreci-
alton and depletion, six months to June
80, $9S3, $40 VS.. net income $2,O25, 80,
equal to 81 04 q common share, on same
basis; first half production exceeded
sales by As per cent.
Timken Roller Bearing common
share earnings, six months to June 80,
si.O2 VS.. $2.54; declares quarterly 30
cents dividend. placing stock on 81 an
nual basis against SO formerly; receives
s400 900 bearing order from Pennsyi-
vania Railroad.
Truscon steel deficit, six months to
June 80, $3.50, 586 VS.. net income $732,-
1876, equal to 80 cents common share,
Interstate Power June electric
power output up li.8 per cent; year
ended June 80, up 9.74 per cent.
Reeves (Daniel) Inc.-Sales, i've
weeks to August i, of SIS per cent;
seven months of II per cent.
Standard Oil N. J. reduces bunker
and Diesel oil price 5 cents barrel at
Atlantic and gulf coast ports
American Ice-July tonnage sales up
2.5 per cent.
Bucyrus-Erie Co.--Passes quarterly
dividends on common and convertible
preference stock; paid Is cents and
62is cents, respectively, July !.
Dominion Stores Ltd.-Sales, four
weeks ended July IS. up 9.0l per cent;
80 weeks up All per cent.
National Securities Investment ltQui-
dating value June 80, 1881, Sl.43 a
common share VS.. $I.6T January
Newberry q. ~ Co. July sales up
VIZ ~ NNAAer .SNFNtA ~ ~
per cent
Republic steel-Salaries in higher
income bracket cut Is 2-3 per cent.
Spaiding "a c. g. Bros. declares rs
cents quarterly common dividend; for
merly paid so cents.
Strauss (Nathan) nc.--Creditors file
bankruptcy action against company;
Federal judge issues show-cause order
! why petition should not be granted.
Adams-Millis Corporation--July sales
/ up So per cent; months, of 20 per
cent
American Telephone Telegraph
June gross OF 4.s per cent, net operat-
ing income up IL per cent: 6 months
l gross of 81 per cent. net operating
income OF IS per cent.
! Electric Autolite common share earn
| ings, 6 months to June 3d. $2.94, against
So so, before Federal taxes.
Emsco Derrick & Equipment deficit
s months TO June 30, Si47 All against
net income 1857, 9s5, equal 70 SO cents
q common share
! Lerner Stores. July sales of IA per
cent: months up 81 per cent.
Montgomery Ward July sales of 1Te
per cent; Z months of l7.2 per cent.
National Dairy Products common
share earnings, months TO June 80
$i,68. against S2sl6.,
i Safeway Stores July sales of Sc per
teent; months OF SIS per cent.
\ Seaboard Public Service June quarter
| gross OF subsidiaries up SO per cent
net after taxes and charges up 1872 pei
cent; 10 months gross up as per cent
net after taxes and charges up As pet
( cent.
Commercial Investment Trusts COM
mon share earnings, s months to juno
| 80. SIPS, against $50.
Safeway Stores common share earn.
ings months 70 June 80, s2.ei, agsins
S215.
schif Co. July sales up e.l per cent
Z months up a. per cent
Fairbanks, Morse deficit, s months 4
June 80, $5se,534, against net incom,
sso3. 46l, equal to sI.53 g common
share
American Steel Foundries 81 pre-
ferred share earnings. six months {,
June 80, S22l, against Sa2.9i
Bonack III. CT Co. July sales up /.
per cent: six months. up 1872 per cent
Dominion steel a. Coal--Sydney plan
reported operating around so per cen
Of capacity.
i HARRISON Walker Refractories. q
cents quarterly common dividend; pail
so cents formerly
Melville Shoe July sales OF 1913 pc
cent: seven months on 81 per cent
National Candy common share earn
ings, six months 10 June so, 20 cents
against Si.92.
Radio Corporation Of America, S3.5t
preferred share earnings; six month
, 10 June 30 &6.74. against SI29.
Socony- Vacuum Corporation 20 cent
initial dividend
Superior OH California common Sllar
! earnings before Federal taxes. 81
months TO june 80. sss76: against 3
cents
Federal light a Traction net incum
before depreciation, re months 10 Jun
~ 20 In4 sac aralnn4 ~ III Al