Evening star., 1934-09-19
CORPORATION
| REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, September 1.-the
following is today's summary of cor
poration news prepared by Standard
Statistics Co., Inc, New York.
Aviation Corp-It was announced
that August passenger traffic on East
ern lines of American Airlines. Inc.
subsidiary. set a new record for that
month.
General Motors Corp.-Domestic
retail sales of Bucks totaled l,780 in
first 10 days Of September, against
1888 in last 10 days of August and
l,249 in first 10 days of September,
1888: sales in first 10 days of Sep
tember were best for any like period
during the past four years.
Independent Pneumatic Tool Co.
1t was stated that q dividend Of rs
cents will be paid on voting trust Ger
tificates for common stock on Oc-
tober l; on July 2, 1884. quarterly
dividend Of so cents and an extra
dividend OF rs cents were distributed
on voting trust certificates.
Brunswick Bake Collender Co.-It
was reported company had an in
crease Of 100 per cent in sales of
various products manufactured by it
in first six months Of 1884; q major
expansion program, it was said, will
get under way within 10 days.
National Casket Co.. 1nc.-Declared
semi-annual dividend of $3.50 on
common stock; previously 81 q share
was distributed semi-annually on this
issue.
Atchison, Topeka 81 Santa Fe Rail-
way.-Net income, months ended
July 81, s3,3l2,036, equal to $2.67 q
preferred share VS.. deficit s1,656,S04.
Kansas City Southern Railway
August net railway operating income
was 1887 701 VS.. $141. 500; in 8 months
net railway operating income was
1881, ,3l5 VS.. $762,9l6.
Minneapolis & st. Louis Railroad
Plan being developed for company
contemplates exchange of $22 ,000, 900
of adjustment S per cent non-cumu-
lative income bonds and 220, 900 shares
Of no-par common stock for the pres
ent $44,879, 900 Of bonds outstanding;
present s25. 1872 800 par value of
capital stock would be wiped out.
Southern Pacific Co.-Deficit, Z
months ended July 81, $l,s34.589 VS..
deficit. ss,oso.los.
Oppenheim, Collins & Co-Deficit,
year ended July 81, was 32s7 ,2s0 VS..
deficit s515,535.
United States Steel Corp.-Ingot
production at plants Of subsidiaries in
week ended September II, was esti--
mated at around 20 per cent of ca
pacity compared with l9 per cent in
the three preceding weeks.
Campo Corp.-Common share earns
ings, year ended July 81, were $2.45
VS.. SO cents.
American Water Works G Electric
Co.-Power output of subsidiaries in
August was off 13 per cent from Au-
gust, 1888; in months output was
up 9 per cent.
Arundel Corp. common share earn
ings, eight months ended August 81,
s6 cents VS.. 66 cents; Triborough
Bridge Authority decided to accept
bid of 5000, 900 for foundation fili-
New Bradford Oil Co. common
share earnings, six month ended June
30 cents.
Standard Oil Co. N. COMPANY,
effective September Is, 1884, made re-
duction of 4 cent a gallon in prices
OF burner oils at New York terminal.
Chesapeake & Ohio Railway COM
mon share earnings, eight months
ended August 81, s2.36 VS.. $2.2l.
Florida East Coast Railway deficit,
seven months ended July 81, $1,023~
883 VS.. deficit $1,206,519.
Gulf, Mobile g. Northern Railroad
deficit, seven months ended July 81.
s78, 1853 VS.. deficit s1,740.503.
New Orleans. Texas g. Mexico Rail-
way deficit. seven months ended July
81, S502,396 VS.. deficit s954,992.