Evening star., 1934-10-01
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, October 1 R.-The
following is today's summary of cor
poration news prepared by Standard
Statistics Co., Inc, New York:
Chrysler Corp.-Retail sales Of
Dodge passenger cars in week ended
September % totaled 1908 units,
against 1,248 a week previous. Total
sales for year to date 73,847, against
64,954 in like 1888 period. Truck sales
in week ended September "a totaled
943 units. against s67 in previous
week. Total truck sales for year 35,258
units, against 1912 in like 1888
period.
Massachusetts, Investors Trust-Net
assets on September IS. equal to
$1701 a share on 1,348,872 shares of
beneficial interest compared with
$1765 on 1,l8l $3.50 shares on Deem
ber Is. 1888.
American Smelling e. Refining Co.
Common share earnings six months
ended June 80, SLOT; in like 1888
period $4l0 share was earned on
per cent preferred stock.
General Stock Yards Corp.-De-
clared dividend of so cents a COM
Of rs cents share was made.
Gulf Oil Corp.-Subsidiary. Gulf
Refining Co., reduced price Of bunker
fuel oil Is cents per barrel.
Walgreen Co-Directors at meeting
on october 4, are expected to consider
declaration of stock dividend on COM
mon, probably of S per cent. Esti-
mated net income for year ended
September 80, around $3.50 a COM
mon share, against $204 in preceding
fiscal year.
American Power g. Light-Prefer-
red share earnings in IL months
ended July 81, $1.8O, against $3.49.
Central Illinois Securities Corp
Declared dividend of Is cents on cum
ulative preferred stock; similar dis
tribution made August /.
Edison Electric Illuminating Co. OF
Boston-Company called for re-
demption on November 2, entire issue
Of s2o,000,0o0 three-year S per cent
coupon notes, due May 2, 1885. at par
and interest at Old Colony Trust Co..
Boston. It was said redemption funds
would be provided through sale of
new issue bearing lower rate of in
terest.
Packard Motor Car Co.-Unfilled
orders of company are reported to be
at the highest point in four years and
equivalent to more than two months
production.
Kelvinator Corp.-Company sold
more electric refrigerators in fiscal
year ended September 80, 1894, than
in any preceding year in its history.
1t is stated Kelvinator will enter the
air-conditioning field during the COM
ing season with about 80 different
types Of equipment.
Allegheny Corp.-Interest due Oc-
tober /, 1884. on 20-year collateral
trust convertible 5 per cent bonds of
company. maturing April !. 1850, was
not paid on that date, because of
insufficient available income. Time
| allowed for deposits under readjust-
ment plan has been extended to No
vember /.
Morris (Philip) & Co, Ltd. Inc
Company will pay sl,77l,450 for the
assets OF the Continental Tabocco Co.
of Delaware and its subsidiary and
LOT Is shaIeS OF stock OF FIuoenllal
Tobacco Co, and in addition will pay
s48,354, for 225 shares Of the Pruden-
tial Tobacco Co.. to Philip Morris
Consolidated, Inc.
Associated Gas g. Electric Co.
Gross operating revenues in IL months
ended August 81, 1894, we're of 2 per
| cent from like preceding period, while
operating income declined IL per cent.
Electric output of system for week
ended September % decreased So per
cent from same week of 1888.