Evening star., 1933-08-11
ORPORATION
REPORTS
TH1eaDs AND PROSPECTS, OF
LEADING ORGANIZATIONS.

NEW YORK, August 1.-THE fol-
lowing Is today's summary Of corpora
tion news prepared by Standard Sta
tistics Co., Inc, New York, for the
Associated Press:
General Tire & Rubber Co.-Presi-
dent anticipates gross business between
SIC, 6,000, 900 and $4,000, 900 In 1898
under continuance Of present condi-
tions; company lost money in first half
ended May 81, but in May and subse-
quent months profits have been $780,
900 to $400, 600; current stocks Of rub
Der bought at 3h to cents pound
and cotton ct 8 cents pound are said
year; upward revision In wages an
nounced.
Goodyear Tire q Rubber Co. dollar
sales In first half said to be under
those of similar 1882 period; June was
only month in period to show profit.
Hercules Powder Co.-Qrders 36-hour
week at high explosive plants and Is
per cent increase in hourly pay rates;
approximately 400 additional men to
be given employment.
Lead stocks ct smelters and refineries
in the United States on July / amount
ed to 280,33l short tons, compared with
287,635 short tons on June / and
245,7 ,7l3 tons on July /, 1882, according
to American Bureau Of Metal Sta
tistics.
New York Central Railroad dencit.
six months ended June 30, 1884 ,584,
vs.. deficit s11 ,o51, ,14s.
. Pittsburgh g. Lake Erie Railroad
common share earnings, six months
ended June 80, 90 cents. VS.. 50 cents.
Ely q Walker Dry Goods Co-Dol-
lar shipments IN July reported to haya
gained 126 per cent over those Of July,
1882.
Great Atlantic & Pacific Tea Co.
Adds 8,043 employees to staff and In.
creases annual pay roll s8.264,152 in
first week Of operation under N. r. A.
agreement
Amoskeag Manufacturing Co.-Em-
ployes in worsted department get wage
increases aggregating around $500, 900
year; $4,000 operatives affected.
Crucible Steel Co. Of America, deficit,
six months ended June 80, was 81 .024,-
772 vs.. deficit 81 l,6s1,5 chairman ex-
poets that Government orders for naval
materials may result In resumption of
dividends; July operations averaged 50
per cent Of capacity and during past
three months pay rolls increased almost
100 per cent.
Republic Steel Corporation will place
another battery Of coke ovens in opera
ton, making total Of 204, producing
$500 tons of coke day
Federal Motor Truck Co.-Production
In July, reported to have totaled 270
units, or about II per cent over June.
Peerless Motor Car Corporation
Brewing Corporation of America, new
subsidiary, will spend 100000 In con-
verting factory into brewery; operations
expected to begin about January l.
Utility & Industrial Corporation
Net asset value on June 80, 1888, was
sl0.73 per preferred share VS.. S7.s8 on
December 81, 1882.
Rand gold output in July totaled
923,671 fine ounces against 91s,633 in
June and 981 ,16o in July, 1892.
Allied Mills, Inc.-Common share
earnings, year ended June 80, were 43
cents VS.. % cents
AddreSsograph- -Multigraph Corpora
ton, deficit months ended June 80,
was 1902 VS.. net income $243, 3,46.
South Penn Oil Co.-Increases price
for all grades of Pennsylvania crude oil.
10 cents barrel.
Tide Water Oil Co.-Tide Water Pine
Co., Ltd, subsidiary, increases prices for
all grades of Pennsylvania crude oil 10
cents barrel.
American Rolling Mill Co.-Substan.
tial increase in foreign business re-
| ported.