Evening star., 1934-07-01
CORPORATION
| REPORTS
| TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, June 30-The follow
ing is today'S summary of corpora
ton news, prepared by Standard Sta
tisticS Co. Inc. New York:
ChrySler CorpOration-Retail sales
of new passenger cars and trucks by
Dodge dealers in week ended June %
totaled 6.l67 vehicles VS. 6.401 in week
ended June l6. 5.226 i'll week ended
June and 4908 in week ended June
"a, 1888; figures include Plymouth
cars sold by Dodge dealers.
Ford Motor Co. Companyis idle
assembly plant at Charlotte. N. c..
has been placed on the market for
sale.
General Motors Corporation-Sales
| OF Buick motor cars during Today
period ended June 20. 1884. totaled
3.Ol4. biggest Today period since
March. 1882. and compares with 2.l25
cars in first 10 days of June. 1884.
and 1920 in like period Of 1893: War
Department awarded Sl,4l0.063 con-
tract to Chevrolet Motor Co for Army
trucks and field ambulanceS
Nash Motors Co. - Company re-
Sumed quarterly dividends on common
stock with declaration of 25 cents a
share: last previous distribution on
this issue was a similar amount on
February l, 1884 deficit, six months
ended May 81, was SLOT ,089 VS.. def
cit S279. COS.
Studebaker Corporation-Retail de-
liveries by dealers during first 20 days
of June, 1884. totaled 1858 units. an
increase of 37.8 per cent over like
period of May, 1894 and 40.5 per cent
over first 20 days OF June, 1893. This
was best 20-day period since May,
1881.
Goodyear Tire & Rubber Co.-Com-
pany is maintaining total output at
$4,000 tires and tubes daily, with
plants operating four 6-hour shifts.
five days week.
TranSamerica COrporation-Declared
dividend of 1919 cents; on January
81. 1884, similar disbursement was
made. marking resumption of divi-
dends: it was said consolidated earn
ingS for six months have covered divi-
dendS for period by substantial mar
gin.
ivy al NpCNIIlCI w.. lllC.-lJ WAS
said that company in six months
ended June 80 probably sold more
standard typewriters in the domestic
market than in any other six months
in its history; portable sales also are
running at good rate.
Price Bros. & Co.. Ltd.-Following
rejection by preferred stockholders of
plan for reorganization of this COM
pany. members of the Bondholders'
Committee served notice that if
scheme was to be rejected definitely
bondholders were perpared to throw
company into immediate liquidation.
Pennsylvania Railroad.-It was an
nounced in connection with offering
of $50000,000 new series E general
mortgage bonds of this company. due
1884. that sinking fund of $250.0O
annually is contemplated.
Mcclellan Stores Co.-On petition
of Stockholders Committee and
seconded by other representatives of
various committees. hearing on sale
of properties of this company was ad-
jOurned for all purposes until Septem-
Der %: counsel for trustees stated he
thought fair length of time should
be given to various interests to re-
lieve tension that has developed at
recent conferences: after adjourn
ment was granted by court attorney
for Mackell Stores Co. and Mac Stores
said they wished to withdraw their
bids.
Loew's, Inc.-Curent box office
receipts and film rentals of company
are reported to be running at about
same average rate as in first half of
present fiscal year; in 28 weeks ended
March Is, 1884. net was $3,973.472,
equal to s238 common share; it was
said company continues in its usual
strong cash position with over s10.-
000, 900 cash and Government securi-
ties on hand. but in view of estsb-
lished conservative policy of man
agement it was unlikely that any
action would be taken to increase
! dividends until results for the full
year are available.