Evening star., 1934-09-16
CORPORATION
REPORTS
TRENDS AND PROSPECTS, OF
LEADING ORGANIZATIONS,

NEW YORK, September l5.-The
following is today's summary of cor
poration news prepared by Standard
Statistics Co., Inc, New York.
Universal Products Co., Inc.-De-
clared dividend of 40 cents: last pay
ment was 20 cents a share ON June
| so, 1894.
Ideal Cement Co-Declared an extra
dividend of IS cents and regular quar-
terly dividend Of IS cents on common
stock.
American Agricultural Chemical Co.
Planned construction of a new plant
at cost of about 5000, 900 at South Am
boy, N. j., for manufacture Of COM
mercial fertilizers.
American Cynamaid Co.-Southern
Alkali Corp. jointly owned by this
company and Pittsburgh Plate Glass
Co.. has started operations at its new
s7,G00,000 plant at Corpus Christi.
Tex.
American Maize Products Co.-De-
clared dividend of SIPS on common
stock: on June 80, 1894, distribution
Of Is cents a share was made.
National Bond Il Share Corp.-Net
asset value of 181, 800 shares of capital
stock as of August 81. 1884, was $39 So
share, after providing for dividend
payable September IS, 1884; this COM
pared with net asset value of $42.08 a
share on $4,000 shares outstanding
on February %, 1894.
Hollinger Consolidated Gold Mines,
Ltd.-Declared an extra dividend of
10 cents and regular monthly dividend
OF 5 cents: in previous month extra
dividend of 5 cents was declared.
Globe e-Wernicke Co.-Federal Judge
Nevin has given final confirmation to
plan for reorganization OF company
under section 77-B of new national
bankruptcy act.
Addressograph Multigraph Corp
Domestic and foreign shipments in
first eight months of 1884 showed an
increase of 47.9 per cent over first
eight months of 1898; in August ship
ments increased 27.6 per cent over
same month of 1893.
Revenue freight carloadings in week
ended September 8 totaled 562, ,73O
cars, decrease of 83,050 cars from
previous week, and a decrease of
15,203 cars under like week in 1893.
but an increase of 81 1873 cars over
same week in 1882, according to
American Railway Association; week
of September included Labor day
holiday.
Pennsylvania r. R.-President said
company's volume of business has
been declining since July /: also that
operating costs continue to expand,
making it increasingly difficult to i'm
prove net income
Fanny Farmer Candy Shops, Inc
Declared a stock dividend of 800 per
cent on the common stock, subject to
approval OF an increase in stock.
National Tea Co. sales, four weeks
ended September 8, up 81 per cent;
So weeks of 3.9 per cent: number of
stores as of September 8 was 1,245
VS.. 1877 a year previous.
Sears, Roebuck & Co.-Sales. four
weeks ended September 10, up AS per
cent; 80 weeks up 22.4 per cent.
East Ohio Gas Co.-Company, sub
sidiary of Standard Oil Co. New Jer-
sey), has agreed to drop its contest |
against gas rate set by Cleveland City |
Council and upheld by Ohio Public |
Utilities Commission. This will mean
a rebate to customers of nearly $4,-
100000; new gas schedule provides an
average rate of 57.l5 cents 900 cubic
feet as against 64.85 cents at present;
existing so cents a month service
charge is eliminated and a 75-cent
monthly minimum substituted.
Illinois Power & Light Corp.-P. w.
A. has declined to approve applica-
ton of Granite City. ILL.,. for a grant
and loan of $l,822,000 for municipal
water works and distribution system
and a municipal light and. power
plant and distribution system.