Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-09
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, July 9.-The following
is q summary of important corporation
news prepared by the Standard Stats
tics Co.. Inc, New York, for the Asso-
ciated Press:
News Trend.
Revenue freight car loadings rose
sharply to 75s,2so cars for the week
ended June 81. which compares with
739, 116 cars last week and 936, $50 cars
the like 1880 week. Grain and coal
each advanced more than 5000 cars,
miscellaneous freight over $500 cars
and forest products nominally, while
ore, coke, live stock and merchandise
in less than car lots were of slightly.
Electricity output throughout the
United States for the week ended July
was 2.8 per cent below the correspond
ing 1880 period, according to the Ma
ttional Electric Association. AS indie
pendence day fell on Friday last year,
the holiday period included Saturday,
so it is believed that the statistics are
robbed of some Of their comparative
value.
The per cent cut made yesterday
by SearS-Roebuck on their Companion
brand tire was promptly followed by
Goodyear, Goodrich and General Tire
who made a corresponding reduction in
the prices of their third line tires.
The Companies.
Amsterdam Trading, 50-cent dividend
on American shares; paid "a cents
January 10.
Purity Bakeries current earnings
running at level of first Is weeks, When
net totaled $630,955; net working capt.
tai July in excess of 100000.
United States Leather marks up sole
leather 2 cents a pound. making Is per
cent advance in three weeks.
American-Europe Securities June
80 liquidating value $30.53 a common
&c. 500 common shares at $3.50 a share
against $37.45 on March 81 and 1921
on December 81, 1890.
Arizona Edison preferred dividend
needs being amply covered by current
earnings.
Atlantic Refining meets Standard Oil
Of New Jersey gasoline price cut OF
cent a gallon.
Brazilian Traction, Light & Power,
IS cents quarterly cash dividend; for
merly paid per cent IN stock.
Commonwealth & Southern June
electric output of 80 per cent; six
months, off ST. per cent, and IL
months, of per cent from year ago;
June gas output of SO per cent; six
months, of SIS per cent; IL months, of
81 per cent.
Devoe & Reynolds Inc. combined A
and B common share earnings. six
months to May 81, So cents against 81
cents.
Exchange Buffet June sales off ia
per cent: two months off 1872 per cent.
General Public Service Corporation
liquidating value June 80, 1891, $1l73
a common share against $28.18 June
80, 1880.
interstate Department Stores June
sales all stores up 1875 per cent. old
stores up 1873 per cent: six months all
stores up per cent, old stores up 70
per cent.
Lane Bryant June sales off II per
cent; six months of IL per cent; OPP
Grated one less store in 1891 than IN
1880.
New Orleans Public Service 5814 cents
common dividend; last previous pay
ment was 56K cents made July l, 1929
New York Telephone May gross on
81 per cent, net after tax up 50 per
cent; five months gross on Oh per
cent, net up 90 per cent.
Revere Copper and Brass lowers
prices Of copper and brass products to
basis of S1a cents pound Tor copper
Richfield Oil of California receiver
negotiating to convert New York sub
sidiary into operating concern.
Schultz Retail Stores Corporation In
creases cigarette prices to IA cents
package, two packs for ~ cents, 50
cents a tin of so and $1.32 a carton.
Simmons Co-June sales, including
subsidiary, of 30.3 per cent; six months
of 29.3 per cent.
Texas Corporation, subsidiary Texas
Co., cuts Texas crude oil prices, rang
ing from to II cents a barrel.
United Cigar Stores Of America in
creases cigarette prices to IA cents
package, two packs for q cents, 50
cents q tin of SO and $1.32 a carton. I
United Fruit-Second quarter COM
mon share earnings approximated $1.2A
or $215; six months, 1929 or $3.45;
cash balance June 30. 1881, SOS, 000, 900,
against $23,000,000 a year ago; had
sugar inventory 100000 and Cuban
government bonds of 1892 900 re-
ceived for sugar allocated under Chad
bourne plan: has advanced $3.50, 900
on account of new vessel construction.
United States Steel-Plant operations
averaged about 321a per cent Of ca
pacity before closing down for holiday
and were about as per cent for entire