Evening star., 1934-12-30
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

lkENDS AND PROSPECTS, OF |
LEADING ORGANIZATIONS.
NEW YORK. December 29-The
following is today's summary of cor
poration news, prepared by Standard
Statistics Co., Inc, New York:
Western Air Express Corp-Control
OF company has been acquired by a
private group, headed by A. P. Adams
Mr.. Adams has resigned as vice presi-
dent OF National Aviation Corp. and
has been elected president of this
company. Control was acquired by
Mr.. Adams group through purchase
OF about 100000 shares from North
American Aviation ex the liquidating
dividend Of $3.50 share and also ex
the distribution to stockholders of
Western Airs AIS per cent interest in
Transcontinental g. Western Air Inc.
Graham-Paige Motors Corp.-Com-
pany announced it has in production
a new six-cylinder Graham automobile
in the lowest price range. New car
available in two body styles. A four
door sedan and two-door sedan will
be shown initially at New York Auto
mobile Show on January S. 1885.
Parker Rustproof Co.-Declared a
special dividend of one share of per
cent $3.50 par preferred stock of
Parker-Wolverlne Co. for each share
OF Parker Rustproof common stock
held. Shares being distributed were
accepted in payment of an obligation
due Parker RuStproof from Parker
Wolverine. number of shares received
t,a;r, -
proof common outstanding .049.
Directors also declared regular quar-
terly cash dividend Of IS cents share
on common stock.
General Electric Cot was an
nounced that this company has called
for redemption April Is, 1885, at $11
a share its entire issue of 4,292.963
half shares of special stock 1t was
stated company also will retire 81 .047,-
600 outstanding 3la per cent bonds
maturing 1912. on August /, 1885, at
105. OF this issue over so per cent
was in hands of General Electric S
pension trust.
Brewing Corp. of Canada, Ltd
Declared dividend of 37l2 cents on
preferred stock. On october Is. 1884,
quarterly dividend of Is cents a
share was paid on this issue
Storkline Furniture Corp.-Deficit
year ended November 80 was S28 ,599
In II months ended November 30,
1888, company had a net income of
1866.
Continental Can Co.. Inc.-Presi-
dent, in announcing special Christ
mas distribution of over 100000 to
ar,olauac eto -
in history of company.
Leading typewriter manufacturers
announced increases in list prices of
portable typewriters from SO to $3.50
a machine, depending on the model,
effective January l, 1885, it was said,
junior portables, including both stand
ard model and noiseless, are being
discontinued standard portable with
tabulator also is being dropped
Atlantic Refining Co.-Company ad-
vanced tank car price of gasoline at
Philadelphia q cent to 6l2 cents a
gallon.
Central R. R. of New Jersey-No-
vember net railway operating income
was S175395, against sl69656; in II
months net railway operating income
e82
Chicago, Rock Island g. Pacific Ry.
November net railway operating
deficit was s10,95l, VS.. net railway
operating income of s3,328; in II
months net railway operating income
was sl.805,563, VS.. net railway oper-
ating income of S2,925,193.
Denver g. Rio Grande Western r
r. announced that this COM
pany is deferring payment of Janu-
ary l. 1895. interest on its first con-
solidated mortgage 4 per cent and
AZ per cent bonds, maturing 1886,
and on first trust mortgage per cent
bonds, maturing 1889, of Rio Grande
Western Ry: interest due July l, 1884,
likewise was deferred, but was paid
prior to expiration of grace period of
so days on Denver & Rio Grande
issue and 80 days on Rio Grande
Western bonds.
Gulf, Mobile g. Northern r. R. No.
Vember net railway operating income
was SCOTIA. VS.. $50, 400; in IL months
net railway operating income was
$455,750, VS.. s708,267.
Minneapolis, ST. Paul e. Sault Ste.
Marie Ry. deficit, II months ended
November 80. was s4,631, 1888, VS..
deficit s4,5lS,35O.
Wisconsin Central Ry. deficit, IL
months ended November 80, was
Sl,552,485, VS.. deficit s2,056,7 ,724.
Chrysler Corp.-Shipments of 1885
Plymouth cars totaled 9,732 units IN
week ended December %, highest De-
cember week in company's history.
Natomas Co-Common share earn
ings. II months ended November 80,
were Sc cents.
New York. New Haven g. Hartford
r. R.-Company's December deficit
after charges was estimated around
$500 ,00O
Marshall Field g. Co.-December
wholesale business reported to be the
best in five years.
Associated Gas &, Electric Co.
Electric output Of system for week
ended December % increased s per
cent over like 1888 week.