Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-18
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS

NEW YORK, August is.-The fol-
lowing is q summary of important cor
poration news prepared by the Standard
Statistics Co, Inc, New York, for the
Associated Press:
News Trend.
Automobile production for the week
ended August Is totaled 5o,751 cars and
trucks, which compares with 1851 in
the previous week and 71.1o2 in the
corresponding 1880 week, according to
Grams automotive reports. 1t is en-
couraging TO note that the Automobile
Daily News reports that dealers in
ventories of new cars are the lowest in
some years, the total as of August
being estimated at 268, 900 cars, COM
pared with $4,000 cars on July and
$4,000 cars on August /, 1880.
The Companies.
American Arch Co-Fffty cents quar-
terly dividend previously paid rs cents.
Armstrong Cork common share earn
ings six months to June 80 IL cents,
VS.. 81 cents.
Associated Telephone Utilities gross
earnings three months ended June 80
up liz per cent, net before depreciation
up SO per cent IL months gross up
al per cent net before depreciation
up II 3 per cent.
Columbia Gas & Electric common
share earnings, IL months to June 80,
SI55 VS.. $206
Graham-Paige Motors Operations re-
sumed on four-day week basis.
Greyhound Corporation, subsidiary
Greyhound Management Co. first half
net earnings $736,000 VS.. deficit $248,-
0O0
Ludlum Steel net income, six months
to June 80. S23 Bs; equal to As cents
a preferred share VS.. denctt $685.
National Battery net income, year
ended June 80, $4SS, 957 VS.. S480, 526;
reported Montgomery-V Ward and West
ern Auto Supply contracts renewed for
five and four years, respectively; 500
OO0. 900 reported involved.
Sinclair Consolidated Oil subsidiary,
Sinclair Oil e. Gas, posts % cents a
barrel price for East Texas crude.
Cincinnati Gas q Electric gross in
come available for interest and divl-
dends. three months ended June 80
Cincluding Union Gas Il Electric co..,
81 ,924.375.
Fashion Park Associates months net
sales. excluding controlled companies
not wholly owned, off l6.5 per cent.
International Railways Of Central
America July income applicable to fixed
charges Of 1913 per cent, seven months
of ga per cent.
Mickeiberry's Food Products buys
Sullivan Packing business excluding
buildings. land and other fixed assets.
Miller ID & Sons reported operating
on 5-day week
Missouri K Kansas Texas Railroad cuts
cmlaTfez from m % rent
Republic Steel operating at IS per
cent OF capacity in Youngstown district
and open hearth steel production was
above so per cent.
South Penn Oh all grades Pennsylva-
MIA crude with exception Of corning
crude marked up cents barrel
Tidewater Associated Oil subsidiary
Bradford and Allegheny crude prices 5
cents barrel.
Worthington Pump & Machinery
President denies rumors Of change In
control of company
Anaconda Copper Mining subsidiary
American Brass Co. gets contract for
most OF brass and copper products, ex
elusive Of cable and wire, for Radio
City development.
tract for 1890. 900 feet Of copper wire
AOI 1AdAtN Wy
Manufacturers Finance Sl.75 second
preferred share earnings six months to
June 30. 40 cents. VS.. 81 80,
American Rolling Mills deficit six
months 70 June 80. $503,546, VS.. net In
come Of $1,64e, $50. equal 70 s6 cents
common share.
Duplan silk SO preferred share earn
ings year ended May 81, 81, vs.. $2s.35.
Keisey-Hayes Wheel common share
earnings six months ended June 80, 6S
cents, VS.. 1924.
American Type Founders continu-
ance OF 50 quarterly dividend rate an
ticipated. earnings reported materially
below dividend requirements
Bahia Corporation deficit year ended
June 80 1888, 6lS, VS.. net income si6.-
e6i.
Byron jackson Co. deficit six months
TO June 80 s4s.756. VS.. net income
s407 las. equal TO o6l.l4 a common
share.
Feltman g. Curme shoe Stores 81
preferred share earnings six months TO
June 80 S3.Tl VS. $2.74
Carnewen Co rs cents common divi-
dend; paid 81 25 previously.
General American Tank Car reported
10 have earnaa - q common share an
nlial DIVIDEND, BIZ AUGUST Is. 1854.