Evening star., 1934-07-08
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK. July THE follow
ing is todays summary OF corporation
news prepared by Standard Statistics
Co., Inc, New York:
Chrysler Corporation-Retail deliv-
cries Of Chrysler and Plymouth cars
during first six months totaled u .962
units, an increase of 8l.1 per cent
over like 1882 period; retail sales of
Dodge Bros. passenger cars and trucks
for the six months ended June 80
totaled l22 .26O units. an increase of
rs per cent over same period of 1888
Thermoid CO.-Vice Chancellor
Eagan. Jersey City, N. j.. dismissed
application for a receiver for this
company filed by a noteholder.
Carey Phillip Mfg. Co. 1888 net
income was $50. 0.793, equal to 1921 a
preferred share VS.. deficit 1855, ,S54.
Devoe & Reynolds Co.. Inc.-Com-
mon share earnings before Federal
taxes, six months ended May 81, were
sl.49 vs. 81 cents.
Long-Bel Lumber Corporation
Federal Judge Otis, at a hearing in
proceedings for reorganization OF
Long Bell Lumber Co.. operating SUBJ
sidiary. to reorganize under new ma
tional bankruptcy act. set up a six
month probation period in which
present management will be permit
ted to work out a reorganization plan.
United Founders Corporation-Net
asset value on May 81. 1884. equaled
rs cents common share vs.. So cents
on November 80, 1888.
Caterpillar Tractor Co.-Company
has closed its foundry at East Peoria
because Of labor trouble.
Alaska Juneau Gold Mining Co.
June estimated profit, before deprecia-
ton. depletion and Federal taxes. was
s212.700 VS.. sI37, 400 in June. 1888; in
six months profit was placed at ST.
204 $50. against s611. 800.
Royal Typewriter Co.-Domestic
sales Of standard typewriters in first
half we're larger than in any other six
months in its history.
Delaware, Lackawanna & Western
Railroad - Company reopened its
Scranton shops and put 1000 men to
work.
Eaton Manufacturing Co. - June
quarter net was estimated at over 60
cents per share. against 81 cents in
preceding quarter.
Newberry u. u Co.-June sales
were up rs per cent; six months up
23.3 per cent.
Consolidated Gas Co. of New York
Electric output of system for week
ended June 80 increased 80 per cent
over like week of 1888, compared with
an increase of "a per cent in preced-
ing week.
Detroit Edison Co.-Electric output
of system for week ended June 80
increased So per cent over like week
of 1888: this compared with a gain of
9.3 per cept in preceding week
Laclede Gas Light Co.-Receiver-
ship suit brought by ]. w. zeller,
bondholder, against company was dis
missed on stipulation with no con-
sideration to complainants directly or
indirectly.
Public Service Corporation of New
JerSey-Secretary Of Interior Ickes
announced allotment by p. w. A. of
Sc ,OO0, 900 in a loan and grant to city
of Camden, N. j., for construction of
a municipal light system and power
plant provided the New Jersey Legis-
latUre enacted certain enabling legis-
lation; project was opposed by Pub
lie Electric & Gas Co.. part of Pub
lie Service Corporation system; Sec
retary Ickes said that if at the pres
ent session New Jersey Legislature does
not pass the necessary measures he
will withdraw the funds and allot
them elsewhere; electric output of sys-
tenn for week ended June 80 was up
23 per cent over like week of 1888
compard with a gain Of 4.6 per cent
for preceding week.