Evening star., 1934-06-30
CORPORATION
REPORTS
TRENDS. AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, June 30-The follow
ing is today's summary Of corporation
news prepared by Standard Statistics
Co, Inc. New York:
Dow Chemical Co.-Common share
earnings, year ended May 81. so.35 vs.
S199
American Smelling & Refining Co
Reduced price of lead Is points 10
385 cents pound. New York.
American Car g. Foundry Co
Deficit, year ended April 80, $3,306. 1892
VS.. deficit s2,211.27O
Boston g. Maine Railroad-Applied
to Interstate Commerce Commission
for authority to issue s2,628,0 900 equip
ment trust certificates to P. w. A. 10
finance acquisition of new equipment
Chicago Great Western Railroad
May net railway operating income.
S98446 VS.. net railway operating in
come OF Sl75.889.
Chicago, Milwaukee, st. Paul &;
Pacific Railroad.-Interstate Com
merce Commission authorized COM
pany to pledge s6.0O0,0O0 of its first
and refunding mortgage per cent
bonds as collateral security for short
term notes.
Chicago. Rock Island & Pacific
Railway-May net railway operating
deficit. Sl69.285 VS.. net railway op-
Grating income of s6l6.576.
Alabama Power Co.-Preferred
Sh
81. s835 VS.. $3.50.
American Gas g. Electric Co.-Com-
mon share earnings. II months ended
May 81. s179 vs. sl84
Bell Telephone Co. of Pennsylvania
May net operating income, 81, PAS
GOT VS. Sll0393l.
Eastern Utilities Associates common
share earnings. II months ended May
81. s285 vs.. s233.
Georgia Power Co.-Preferred share
earnings, u months ended May 81
1922 VS.. slo78.
Northern Indiana Public Service Co
Declared dividends of 87l2 cents on
7 per cent preferred stock. IS cents
on per cent preferred stock and
68& cents on 5ia per cent preferred
stock; similar distributions were made
in preceding quarter.
Sierra Pacific Electric Co.-Com-
mon share earnings. u months ended
Nav 81. sl28 VS. s16l.
Tennessee Electric Power Co.-Pre-
ferred share earnings. y months
ended Nav 81. 1888 VS.. S8.5l.
Curtiss- Wright Corporation - Sub
sidiarv. Wright Aeronautical Corpora
tion. has received War Department
contract for 280 airplane engines
involving S1705.733.
Martin Glenn IL Counted
States War Department has approved
contract with company for conStruc-
ton of 81 bombers, costing S3.195.450
Goodyear Tire & Rubber Cocoon
troller of company stated that for
years of 1926 to 1888. inclusive. re-
newal tire sales were $645. 864 ,23l
with net operating profit of $50 1866
l40. or 916 per cent; during same
period sales of Goodyear-made tires
by Sears -Roebuck & Co. were s119,-
lll.828 and net operating profit OF
S8.317.376 to Goodyear, or ratio OF
69s per cent.
Corporation Securities Co.-TruStees
in bankruptcy for the company filed
suit seeking the recovery of amounts
exceeding 100000 900 from directors
and officers of this company; bill al
leges that funds in this amount were
spent for securities which defendants
either knew or should have known to
be worthless at the times of purchase
Canadian Pacific Railway May net
operating income was $1,801 ,927 VS.
S975 .809.
Nashville. Chattanooga & ST Louis
Railway May net railway operating
income was $95.867 VS.. $l98,737 in
May. 1888.
Pittsburgh & West Virginia Railway
May net railway operating income was
s89,334 VS. $96,035 in May, 1888.