Evening star., 1934-09-20
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, September 2O.-The
following is today's summary of Corpo-
ration News, prepared by Standard
Statistics Co., Inc, New York.
Chrysler Corp.-Company has called
for redemption November l, 1884, $l0,-
100000 6 per cent debentures of Dodge
Bros, at los and accured interest;
giving effect to this redemption
funded debt will total S3O,026,5 500.
Hudson Motor Car Co.-Factory
shipments of company in first 8
months totaled 72.7l5 cars against
34,783 cars in like 1888 period; ship
ments in August were Is per cent in
excess of July.
Thermoid Co.-Preferred share
earnings six months ended June 80,
were 81 90 VS.. cent.
United States Rubber Co.-Fabric
plant of company at WinnSboro S. c.,
has reopened with IS to rs per cent
of operatives working; the mills plan
to operate three shifts with a total
normal force of 1,500 employees.
Virginia Carolina Chemical Corp
Net income, year ended June 80, was
S492,377, equal to S906 prior prefer
ence share, VS.. deficit S762,828.
Singer Manufacturing Co.-1933
common share earnings were S12O3
VS. 50 68.
American Products Co.-Stock-
holders of company have been offered
a plan of recapitalization, which, if
accepted, will wipe out accumulated
dividends on the present cumulative
preference stock: under the plan
holders of preference stock will be Of
fered one share of 81 par prior pre-
ferred stock in lieu of accumulated
dividends, and one share of no par
participating preferred stock for each
share held; both new preferred issues
will bear cumulative dividends, the
prior issue paying 5 per cent annually
and the participating, $l.50 annually.
Sterling Products, Inc.-Federal
Trade Commission ordered Bayer Co..
subsidiary, to cease and desist from
unfair competitive practices; order
directs Bayer Co. to refrain from news
paper and radio advertising which i'm
plies that the word aspirin" is trade
mark of the company and also from
medicine, unless properly qualified.
Chicago Great Western r. R.-De-
f1cit, seven months ended July 81, was
s682 ,227 VS.. deficit S757,68
Louisville & Nashville R. R.-Com-
mon share earnings, seven months
ended July 81. were $153 VS.. II cents.
New York, Chicago & St Louis R.
R-Net income, eight months ended
August 81, was S32l,528, equal to SO
cents a preferred share, VS.. deficit
S900,389.
American Woolen Co.-Contract was
awarded to company for 303,232 yards
of olive drab l012 -ounce shirting fan
mel at SLOTS per yard net.
Community Power g. Light Co.
(Del) first preferred share earnings,
VS.. S407
Pennsylvania Gas g. Electric Co.
Glass A share earnings, IL months
ended July 81, were 1898 VS.. $245.
United Gas Improvement Co-Elec-
trio output of system for week ended
September Is decreased 2.6 per cent
from 1888 period; in the preceding
week decline was 05 per cent
West Penn Electric Co.-Power out
put in August was off 1871 per cent;
in first eight months output was up
90 per cent.
Willys-Overland Co.-Receivers of
company ask permission in Federal
Court to reopen plant and make from
5000 to $1,000 trucks and cars Of
slightly changed model; creditors un-
derstood near agreement with bond
holders for reorganization.
Westinghouse Air Brake Co-Sub-
sidiary, Union Switch & Signal Co.,
received contract for complete install
lation of automatic block signaling
and interlocking for new Newark.
N. j., subway.