Evening star., 1933-09-03
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

-
lowing is today's summary Of corpora
ton news prepared by Standard Sta
tistics Co.. Inc, New York, for the As
sociated Press:
General Motors Corporation-August
sales reported to have been on par with
those in July.
Hupp Motor Car Corporation-Pro-
duction in August totaled CTS units, a
gain Of 104 per cent over the CORE
spending period Of 1882. July was the
first month since 1882 in which regis
trations showed an increase over the
same month Of the previous year.
Willys-Overland Co-FirSt mortgage
6la per cent bonds, maturing Septem-
ber l, 1888, were not paid on that date.
Fisk Rubber orporation-Number Of
employees August l9 at Chicopee, Mass,
plant totaled 3,428, an increase Of 2,736
since April i, 1888.
Sweets Co. Of America, Inc.-Stock-
holders will vote at special meeting Sep
tember 81 on change in par value OF
stock to IS from $50
Du Pont (E l. de Nemours & Co.
Reported to be planning plant IN
Czechoslovakia.
Libbey-Owens- Ford Glass Core
ports are current that dividends will be
initiated soon on this company's stock,
possibly at the rate Of 81 share per
annum. Operations said to be continu-
ing at high levels, and third-quarter
net is expected to make favorable
comparison with that OF the June
period.
Mengel Co-Mengel Body Co., sub
sidiary, has commenced the manufac-
ture of beer barrels.
Revenue freight carloadings in week
ended August 26 totaled 631 1898 cars,
a decline of 2847 from the previous
week, but 94,23l above the correspond
ing week of 1882, according to the
American Railway Association.
Baltimore g. Ohio Railroad.-Scraps
5000 freight cars, 219 passenger cars
and 1886 locomotives. Alton Rallroao
Co., subsidiary, junks 1853 freight
cars, la passenger cars, ll3 iocofno-
tives and 1879 pieces Of work equipment
Chicago g. Northwestern Railway
Company has announced extension 70
September is, 1888, of time WITHIN
which an advance cash payment Of 10
per cent will be made on per cent
consolidated mortgage bonds OF Ere
mont. Elkhorn & Missouri Valley Rail-
road. due October l, 1888, under re-
funding plan announced June 10, 1855
L C. c. sanctions s3,862 900 OF per
cent general mortgage bonds by Chicago
& Northwestern Railway In connection
with foregoing plan.
Louisville & Nashville Railroad-Seeks
l. C. c. permission to continue Tor an
additional six months the experimental
ly reduced fares of cents a mile In
coaches and cents in Pullman equip
ment.
Reading Co.-Seeks I. c. c. authori.
So, ,644. 600 prior lien IS Of Philadelphia
& Reading Railway Co. for 10 years
from October /. 1888; interest rate
would be reduced to AZ per cent.
Park g. Tilford Inc.-Net income, SIX
months ended June 80, was $s,3s8 vs.
deficit $217.439.
Cannon Mills Co-Declares an extra
dividend OF 10 cents share and regular
quarterly of IS cents on common stock
Richman Bros. Co.-Advances cloth
ing prices to $22.5o from $3.50.
Associated Gas & Electric Co-Elec-
tric output Of system in week ended
August 26 increased 1875 per cent over
the corresponding week Of 1882; gas
sendout was of 0.3 per cent.
Associated Telephone Utilities Co
Interest due September l, on convertible
series "a" IS of 1941 was not paid on
that date.
Consolidated Gas Co. Of New York
Arguments on an application by electric
subsidiaries of this company for an
order permanently restraining public
service commission from enforcing rate
reduction order have been postponed by
Supreme Court. Kingston: annual pay
roll increase under N. r. A. put at
So. .495, 900.
Continental Gas & Electric Corp
Preferred share earnings, IL months
ended july 81. were $13.40 VS.. $2153.
United Light q Power Co.-Preferred
share earnings, IL months ended July
81, were 1913 VS.. $10.28.