Evening star., 1934-08-02
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK. August 2.--The fol-
lowing is today's summary OF corpor-
alton news prepared by the Standard
Statistics Co., New York:
Chrysler Corp.--Retail sales OF
Plymouth cars in week ended July %
totaled 1890 units. a drop from e,207
in preceding week, but gain Of 1871
per cent over like week of 1892; pro-
duction In week ended July % was
s.424 cars, increase of 15.9 per cent
over same 1888 week.
REQ Motor Car Co.-Deficit six
months ended June 80 was $506,e44 VS..
deficit s762, ,944.
General Motors Corp.-Production
Of Buick cars In July. 1884, totaled
9,64S units against l0,756 in June.
1884 and 4,348 in July. Schedule for
August, 1894. called for 7.34l units
compared with August, 1888, produc-
ton of 4,849 Production to date of
current Buick models totaled 62,598,
an increase of 22,25o cars, or SIS per
cent, over corresponding period Of last
year. Production for full year 1888
was 46,e24, which figure was passed
this year on June a.
Holland Furnace Co.-Deficit quar-
ter ended June 80 was $i12,375 VS..
deficit $65 ,061.
Lehigh Portland Cement Co.-New
Castle plant of company will resume
operations August after a lay-off Of
months.
Pillsbury Mills, Inc.-Common share
earnings year ended May 81 were
$500. Company earned $2.1l COM
mon share In IL months ended May
81. 1888.
Railway Light g. Securities Co.-Net
asset value on June 80, 1884, equaled
$l2.S8 per common share vs. s4.79 on
December 81, 1888.
Standard on Co. of California
common share earnings, six months
ended June 80, were Sc cents VS. Q
cents.
Standard Oil Co. of Kansas (Del.)
net income, six months ended June
80, was 1921, ,759, equal to 81 SO a COM
mon share, VS.. deficit $124,6 ,692
Baltimore & Ohio Railroad Co. has
sold to date about $4,000, 900 of the
$50, 10000 of 4l2 per cent secured
notes recently offered.
Western Pacific Railroad Corp
Western Pacific Railroad Co. operat-
ing subsidiary, is requesting new sup
Elemental agreements from holders of
not less than rs per cent of its out
standing first mortgage SIS because
junior creditors refuse to make any
commitment at this time as to the
extension Of any interest beyond 1894
or of any principal on any of their
obligations; assents have been re-
ceived to the interest deferment plan
of February 26, 1884, as modified May
20, 1884, from holders Of about 81 per
cent Of the bonds outstanding.
Pender DAVID Grocery Co. Glass
share earnings. six months ended
June 80, were Sc cents VS.. So cents in
six months ended July l, 1888.
MunSingwear, Inc, deficit, six
months ended June 30, was s72 200 VS..
deficit $246.339
Trans-Lux Daylight Picture Screen
Corp. common share earnings, six
months ended June 80, were IS cents.
American Light & Traction COM
mon share earnings, IL months ended
June 80, were $l52 VS.. $I.76.
American Water Works 81 Electric
Co.-Company is serving more water
customers than ever before In its
history.
Edison Electric Illuminating Co. of
Boston ordered to cut residential rates,
which is estimated will result in a
saving to customers of some $500, 900
annually; company agrees to set aside
1855 900 quarterly for depreciation.
McGraw-Hill Publishing Co.-Com-
pany reported gain of 80 per cent
in pages Of advertising in the 20
McGraw-Hill publications in first
half over like 1888 period: Business
Week showed gain in advertising of
SOL per cent.
Federal motor truck net income,
6 months ended June 80, was a7,o97.
equal to cents a common share, VS..
deficit $182. .707.
National DiStillerS Products Corp.
stockholders have approved an in
crease in authorized common stock
to 5000 900 shares in connection
with the sale of 337, 900 common
shares to DiSttllerS Co., Ltd, of Great
Britain, and the offering of subScrip-
ton rights to a similar amount
to National DiStillers stockholders;
rights allowed purchase Of one new
common share from each six held
at SIS share.
Kelvinator Corp.--Company will
! distribute nationally its small refrig-
I for -,
homes in Tennessee Valley Authority
project.
American Laundry Machinery Co.
deficit, months ended June so, was
S2e9, ABS. VS.. deficit S6Ss, ,527
Deere & Co. directors authorize
| cancellation of 34l ,425 preferred
shares and 1850 common shares
held in treasury.
United Gas improvement Co. COM
mon share earnings. IL months ended
June so, were $l22 vs.. $1.2S: higher
operating expenses in quarter ended
| June 80 almost nullified gain IN op-
| Grating revenues Of the system: drop
in investment income was responsible
for larger deficit of parent company
in first half Of 1894; electric output
in week ended July 20, decreased OF
per cent; in preceding week output
was on o.S per cent
| Commonwealth Edison Co.-Ofhcials
OF company said that maintenance
1 of present dividend rate Of 81 quar-
terly may be jeopardized by a con-
ktinuation of ~ineQuitable" taxation
without eompenSating relief in form
| of increased rates.
4 Pennsylvania Water a. Power ca