Evening star., 1934-07-10
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, July l0.-The follow
| ing is today's summary Of corporation
| news, prepared by Standard Statistics
Co. Inc. New York;
Chrysler Corpora oration-Shipments to
dealers in first six months Of 1884
totaled 3ss.74 Plymouth, De Soto,
Chrysler and Dodge passengers cars
and commercial units This was a
gain Of 7e per cent over like 1888
period Shipments in June, 1894. ag-
gregated 4.5ss units, against 1881
in May. 1884. and 66,25I in June,
1888.
Hudson Motor Car Co.-Factory
shipments for six months ended June
80 totaled 6A8lo cars. An increase OF
1851 per cent over shipments in like
period of 1888
Minneapolis Honeywell Regulator Co.
Declared an extra dividend of so cents
and regular quarterly dividend Of so
cents: on February Is. 1884. an extra
dividend of IS cents was paid.
Royal Dutch Co.-Chase National
Bank, New York. has received a dtvi-
dend for year 1888 Of s glIilders for
each 100 guilders par value Of ordi-
nary stock: the equivalent distribu-
table to holders of New York shares
was 81 1883 a share.
Shell Transport g. Trading Co., Ltd.
Chase National Bank, New York.
has received a dividend on ordinary
shares of this company of / shilling s
penc a share of the par value of
fl sterling; the equivalent distribu-
table to holders of American shares
Is rs cents a share.
Atlantic Coast Line Railroad re-
ported that company has marketed
successfully $4,000. 1000 first mortgage
S per cent bonds of Jacksonville
Terminal Co., due July l, 1888,
through bankers.
General Railway Signal Co.-Com-
pany was low bidder for subway sig
nal equipment on asa miles OF
running track of New York Citys
Independent Subway system; bid was
| 2.827 500.
Grand Union Co. store sales, l3
weeks ended June 30, we're up 0.3 per
cent; rs weeks up 4 per cent.
May Department Stores Co.-Com-
pany's unit sales to date this year
have shown moderate increase as
compared with year ago, although
dollar business has gained substan-
tally.
Spiegel, May. Stern Co. June sales
we're up 83.5 per cent; 6 months up
1853 per cent
Schieff Co. sales, weeks ended
June 80, were up 1875 per cent, 6
months, up 26.5 per cent; number
of stores in operation as Of June 80,
2l6 units. VS.. 1875 on June 80, 1888
Steel ingot production in the
United States in the week beginning
July 9 was estimated at 27.5 per cent
of capacity. compared with % per
cent last week, according to American
Iron and Steel Institute.
American Telephone 81 Telegraph
Co. report covering operating activ-
tiles only showed net operating in
come for May of 81 ,242 .271, VS.. S95l.-
93l in May, 1888; in months net
operating income was s7,l57,9l9, VS..
So. 3.098, ,343.
General Motors Corporation-Sales
of Buick cars during last 10 days of
June totaled 3,547 units, the biggest
Today period since December 81. 1881;
total compared with 3,0l4 in previous
10 days and 2,l25 cars in first To-day
period of June; sale of Bucks for en-
tire month of June was the largest
Of any June since 1881.
Simmons Co.-June sales including
subsidiaries were of EOS per cent;
six months, up 1913 per cent,
Western railroads have decided to
keen in force the reduced basic rates
of passenger fares and elimination of
Pullman surcharge for an additional
year from expiration date or until
September 30, 1885.
Hahn Department Stores-Sales in
June, 1894, showed an increase OF
1914 per cent over like 1888 month: a
gain of los per cent was enjoyed in
May, 1884.
Refs (RoberD Ss Co.-Gross sales
of company and subsidiaries for quar-
ter ended June 80, were S575,l93
against $306, ,289 in preceding quarter.
/ Madison Square Garden Corpora
tion-President announced that nego-
tiations are under way for sale of
control of Boston Madison Square
Garden Corporation by company to a
Boston syndicate headed by H. G.
Lapham; company will retain a min
ority interest.
North American Co-Electric pro-
duction of subsidiaries for June quar-
ter was l4% per cent greater than
that of like 1888 period; in IL months
ended June 80 increase was l212 per
cent