Evening star., 1934-06-03
CORPORATION
| REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW 1ORh, June Zine following
is today's summary Of corporation
news prepared by Standard Statistics
Co., Inc, New York.
Aviation Corporation-Post Office
| Department awarded following air
mail contracts to American Airlines,
Inc, new subsidiary of this company:
| Newark to Fort Worth. Boston to
Cleveland, Cleveland to Nashville.
| Washington to Chicago and Chicago
] to Fort Worth.
ChrySler orporation-Retail deliv-
cries by ChrySler dealers in first 81
weeks of 1884 totaled 54.520 units, an
| increase of 635 per cent over like
| period OF 1888.
| Ford Motor Co--It was reported
| total Ford registrations of new pas
senger cars during first four months
totaled 162, 788 units out of total of
| 348.037 new cars of all makes regis
tered in the United States in this
| period.
Franklin Oh. H) Mfg. 1888 deficit
was $838920
General Motors Corporation-Chev-
rolet Motor Co, division of COM
pany, announced price reduction on
all models of passenger cars and
trucks ranging from $25 to $50; Pom
tiac Motor Car Co.. another division
! Of this company, reduced prices $40
| on all models.
| Square D Co.-Declared a dividend
of 27l2 cents on class A preferred
| ctnrlr 1oyt ictr
| this issue was a similar amount on
September 80, 1881.
| Electric Household Utilities Corpo-
ration-President said sales of COM
pany thus far in 1884 are running
about 100 per cent ahead Of same
period last year.
Consolidated Oil Corporation
Wages of workers Of production, pipe
line and refinery branches Of COM
pany were increased i'll a range Of 4
cents to IS cents an hour: it was said
new scales compensate labor in part
4 for shorter working hours under the
| code
National Refining Co.-Declared a
dividend Of 81 on preferred stock on
account Of accumulations; last pre-
vious distribution on this issue was
| 81 share on January /, 1888.
| Vortex Cup Co.-Declared divi-
| dend of 80 cents on common stock;
on April quarterly dividend of
Is cents was distributed on this
issue
Chicago, Milwaukee, st. Paul g.
Pacific r. Rhine within which
first mortgage AZ per cent bonds
and consolidated mortgage Az per
cent bonds Of Milwaukee & North
ern r. R. might be deposited under
plan for extension of maturity was
extended to June 9.
Illinois Central r. R.-Company's
Az per cent notes due June /, 1894
were not paid at their maturity; in
terest due June l, 1884, was met; it
was learned that about IS per cent
Of the issue has been deposited under
refunding plan; I. C. c. authorized
company to issue not exceeding $l2,-
100000 three-year 6 per cent notes in
part renewal of $40 ,000,0 maturing
June l. 1884.
| American Gas & Electric Co.-De-
clared regular quarterly dividend OF
Is cents in cash and regular semi
annual dividend of 2 per cent in
common stock on common stock.
Commonwealth & Southern Corpo-
ration-Electric output of system for
week ended May &c, increased per
cent over like week Of 1888, compared
with gain Of 1913 per cent in pre-
ceding week.
Consolidated Gas Co. Of New York
Electric output of system for week
ended May 26 increased 81 per cent
over like week Of 1888; in preceding
week gain was SO per cent.
Public Service Corporation Of New
Jersey-Elect-ic output of system for
week ended May 26 was up 81 per
cent; in the preceding week gain was
8 per cent.
| Virginia Electric & Power Co.
Preferred share earnings, II months
ended April 30, were $l4.23 vs.
$l7.52.