Evening star., 1934-05-25
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, May 25-The follow
ing is todays summary Of corporation
news prepared by Standard Statistics
Co., Inc, New York:
Grigsby-Grunow Co.-Sale in bank
ruptcy of assets of company has been
put off until June IL.
Loudon Packing Co.-Declared an
extra dividend of 12la cents and reg
ular quarterly dividend of 3712 cents
on common stock. On April 2, 1884,
similar extra dividend was paid.
Abbott Laboratories, Inc,-Declared
an extra dividend of Is cents and reg
ular quarterly dividend of so cents.
British American Tobacco Co., Ltd,
Declared usual interim dividend OF
10d on ordinary stock.
Kansas City Power & Light Co.
Preferred share earnings, II months
ended April 30, S81.78 VS.. S91.
North American Co.-Declared usual
dividend of 1912 cents in cash and /
per cent in stock on common stock.
Tennessee Electric Power Co-Com-
bined preferred share earnings II
months ended April 80, S8.37 VS.. So 60.
Ford Motor Co.-District of Colum-
bia Supreme Court upheld Govern
ment's right to deny Ford dealers op-
portunity to bid on Federal autorno-
tive contracts because Ford Motor Co.
has not signed N. R. A. code; decision
was handed down in an action inSti-
tuted by Northwest Motor Co., Ford
dealer, whose bid was rejected and
the contract given to Chevrolet Mo-
tor Co.
Hupp Motor Car Corporation-Com-
pany expects production in May to
be between 1900 and 1,400 cars.
which would be largest monthly total
since March, 1882.
Hall &C. M Lamp Co. declared a
dividend of 10 cents on common
stock; last previous distribution on
common stock was 10 cents a share
on July 20, 1888.
Weston Electrical Instrument Cor
poration declared a dividend of so
cents on account of accumulations
and regular quarterly dividend of SO
cents on class A stock.
Natomas Co. declared a quarterly
dividend of IS cents on common stock;
prior to 1O-for-1 stock split quarterly
dividends of SIPS a share were paid
on common stock.
Du Pont (E. ~ De Nemours g. Co.
Subsidiary, du Pont Rayon Co., an
nounced that it was reducing prices
of its viscose process types in line
with cuts made by Viscose Co.
Standard Oil Co. Indiana) a)-Sub-
sidiary, Stanolind Oil & Gas Co.,
bought a 243-acre lease and 25 pro-
ducing wells in East Texas field from
Devonian Oil Co.
Tidewater Associated Oil Co. de-
clared a dividend of 50 to apply
against accumulations on the per
cent cumulative convertible preferred
stock.
Chicago Great Western r. R. April
net railway operating income was
,596, VS.. net railway operating
deficit of $28, 1894: in four months net
railway operating income was $780,
935, VS.. net railway operating deficit
of $433,899.
Great Northern Ry.-Public Works
Administration announced signing of
a contract with this company for
O,00O loan for rebuilding of $50 re-
frigerator cars.
New York, New Haven & Hartford
R. R. deficit after estimated guaran-
tees four months ended April 80 was
$1,559,951, VS.. deficit $3,457,727.
Pennsylvania r. r. April net rail-
way operating income was $4,959, ,l72.
VS.. $3,621 .668; in four months net
operating income was $19,638,708, VS..
$12,501,737.
Reading Co. April net railway oper-
ating income was 1852. 100. VS.. $685.
CSC; in four months net railway oper-