Evening star., 1932-07-17
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

1
NEW YORK, July 16.-The following
is today's summary of important cor:
poration news prepared by Standard
Statistics Co., Inc, New York, for the
Associated Press.
Aircraft.
United Aircraft g. Transport
sengers carried by United Air Line:
during first six months totaled 35,920
up 100 per cent over year ago.
Automobiles and Trucks.
Graham-Paige Motors deficit, sb
months ended June 80, S249,797 VS.
deficit 1898, ,O56.
Automobile Parts and Tires.
Pneumatic casing shipments in May
totaled 4,258,116 castings, an increase OF
1872 per cent over April. but 21.4 per
cent below May, 1881, according tc
Rubber Manufacturers Association
production In May tOtaled 3,820,06a
castings. up 86 per cent over April. but
s21 per cent 6eioT ~ Nay, ay iSs pm9u nn
bered 9,378,691 units, off 81 per cent
from year previous.
Food Products.
Cream Of Wheat Corporation common
share earnings, six months ended June
80, Sill VS.. Sl.34.
Investment Trusts.
CAPITAL MANAGEMENT Corporation de-
clared a dividend of 1912 cents; on
May 2 quarterly dividend of 25 cents
was paid.
Goldman Sachs Trading net asset
value June 30. SAP common share
vs. $706 December 81, 1881.
Selected Industries, Inc, liquidating
value June 80, s47.75 per $3.50 prior
share VS.. s7638 December 81, 1881.
Tri-Continental Corporation liquidat-
ing value June 80, $71.21 a preferred
share VS.. $101.o8 December 81. 1881.
Medicines.
Zonite Products Corporation COM
mon share earnings, six months ended
June 80, As cents VS.. 65 cents.
Metals (non-ferrous).
Dome Mines Ltd. net income before
depreciation and depletion, six months
ended June 30, $l,272,117 VS.. 1882, 491.
Federal Mining & Smelling deficit
before depreciation and depletion, II
months ended April 80, s283,357 VS.. net
income s667,1l9.
Miscellaneous.
Harrison-Walker Refractories deficit,
six months ended June 80, S127, 800 VS..
net income S875,00O.
LIQUID Carbonic Corporation declared
quarterly dividend of 25 cents on COM
mon stock; previously paid SO cents
quarterly.
Office and Business Equipment.
Royal Typewriter Co. deferred semi
annual dividend on preferred stock;
paid $3.50 on January l8.
Buckeye Pipe Line, June pipe line
deliveries off ZIG per cent; six months
of 8.6 per cent.
Indiana Pipe Line Co.. June pipe line
deliveries up 2.3 per cent, six months
of 6.5 per cent. :.
Houston Oil Of Texas passed semi
annual dividend on preferred stock;
paid 371a cents on February l.
National Transit Co. June pipe line
deliveries off 10 per cent; six months
up IL per cent.
Rio Grande Oil Consolidated Oil
Corporation offers 495000 shares Of its
common stock for assets of this COM
pany.
PAPER & Paper Products.
Container Corporation Of America
Receivership suit against company was
dismissed BY court on motion of COM
plainant.
Railroad and Railroad Equipment.
Florida East Coast Ry.-Receiver has
filed a suit to prevent foreclosure sale
of property; asks court to issue order
directing trustees for will OF MRS M
Flagler Bingham to use funds held In
trust to pay interest defaults.
Retail Trade.
Penn Traffic Co. deferred semi-an-
nual dividend on capital stock: last
payment was 712 cents, on February /,
1882.
Theaters, Etc.
Ioew's. Inc, cuts salaries OF over ST.
500 per annum ranging from TO 80
per cent: all Metro-GoldWyn-Mayer
stars were included in IS per cent cut.
Utilities.
Wisconsin Public Service Commission
has issued temporary order restraining
payment of further common dividend
by leading subsidiary units operating in
that state pending investigation OF
their finances; commission said purpose
of r1lling was to prevent depletion OF
assets through payment Of dividends to
parent concern.
8 per cent notes issue of
SO D70 900 was paid off with proceeds
of loans from several banks: control OF
comnany has been placed in a voting
trust, under which Rochester interests
will elect majority on board for period
United Gas Corporation operating
revenues of subsidiaries, IL months
ended May 81, of 1853 per cent; net
income of 2zA pes- oenta -..A--.--: