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

/ Il hAND ANOOA - OE /
LEADING ORGANIZATIONS.
NEW YORK, September 8.-The
following is todays summary of cor
poration news prepared by Standard
Statistics Co., Inc, New York:
Waco Aircraft Co. common share
earnings, 6 months ended June 30,
were l8 cents, vs. 80 cents.
Chrysler Corp.-War Department
awards a contract to Fargo Motor
Corp. division of company. for 3,l33
Dodge trucks to cost S2,596,937.
General Motors Corp. sales to do
meStic consumers in August totaled
86,258 units, against l0l ,243 in July
and 86,372 units in August, 1888; in
first 8 months sales to consumers
numbered 682,473 units VS.. 573,434;
total sales to dealers, including Can
adian and overseas shipments, in Au-
gust totaled 109,278 units VS.. 134 ,324
units in July and 1854 in August,
1888; in 8 months sales to dealers
were 993,878 units. VS.. 703154.
Briggs Manufacturing Co-Business
already placed with this company for
1885 has necessitated added equip
ment as well as certain additions and
alterations to its plants, completion
of which is expected by October /;
it was said that company will not be
affected by the Ford Motor Co.'S steel
expansion program, excepting that it
will buy steel sheets direct from Ford
Motor instead of through the Ford
Motor Co., as heretofore.
Firestone Tire & Rubber Co.
Chair announced that a five-day
week at plants of this company
would become a permanent policy.
Lehigh Portland Cement Coop
erations have been resumed at
Mitchell plant of company, closed
since April.
McWilliams Dredging Co.-Com-
pany announced it is low bidder on
contract for Henderson Courtableau
levee in st. Martin Paris, La, with a
price of $70O,OO0
Truax-Traer Coal Co.-Net income,
quarter ended July 81. was So, ,669,
equal to 19 cents a common share,
VS.. deficit $127,1O2.
Hiram Walker Gooderham &
Worts, Ltd.-Reports to the effect
that Peoria distillery of Hiram Walk
er & Sons, Inc, American subsidiary
of company, is operating at 33ls per
cent of capacity are incorrect, cur
rent rate being in excess of so per
cent.
Simmons Co.-Company is plan
ming to appeal verdict of Federal
Judge Raymond, Grand Rapids,
granting receivers on Berkey 81 Gay
Furniture Co. damages Of S2,l9l, $50
against this concern.
Revenue freight carloadings in
week ended September l totaled 645,-
780 cars, an increase of 40,264 cars
over preceding week, but 27,998 cars
under like week in 1888. according
to American Railway Association;
compared with 1892 week, gain was
"a, ,455 cars.
Baltimore & Ohio Railroad Co.
asked authority of I. c. C. to pledge
$3,313,000 refunding and general
mortgage per cent bonds as COL
lateral for short-term notes outstand-
ing and to be issued.
Pullman, Inc.-SubSidiary, Pullman
Co., had a net income after taxes of
$112,180 in July VS.. net of S120,943
in July, 1888; in seven months deficit
after taxes was $60,142 VS.. deficit of
81 ,594,735 in like 1888 period.
Kress Is. h g. Co.-August sales
were up % per cent; eight months
up 22.3 per cent.
Lane Bryant, Inc.-August sales
were up 26 per cent; eight months up
161 per cent.
Melville Shoe Corp.-Company re-
| duced prices on all John Ward"
| mems shoes to $3.50 a pair; these
shoes have been retailing at $6, 81 and
So pair.
Montgomery Ward & Co.-August
| sales were up 22.9 per cent; seven
months up 33 per cent.
Newberry q. j. Co.-AuguSt sales
were up. 1873 per cent; eight months
up 20.5 per cent.
Walgreen Co.-August sales were up
| ga per cent; eight months up 17.3
per cent; number of stores as of
August 81, was 482 VS.. 468 year
previous.
Winn & Lovett Grocery Co.-Sales
four weeks ended August 25, were up
OIL per cent; "a weeks, up 5.5 per
cent.
United States Steel Corp.-Ship
ments of finished steel products by
company in August are believed to
have held up we'll as compared with
the July total of 369,938 tons; esti-
mates place decline from July at about
25 900 tons.
Wheeling Steel Corp-Ingot pro-
duction and shipments of company
in July and August averaged slightly
below 20 per cent of capacity.
Associated Gas S Electric Co.
Electric output of system for week
ended September showed decrease
of 2.5 per cent from like week of 1888.
Consolidated Gas Co. of New York
Electric output of system for week
ended September l, increased 03 per
cent over like week of 1888, compared
with an increase of 0.2 per cent for
preceding week.
Public Service Corp. of New Jersey
Electric output of system for week
ended September l decreased per
| cent from like week of 1888. COM
pared with decrease of 4.3 per cent
for preceding week.
| Market Averages