Evening star., 1935-09-22
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, September 2l.-The
following Is today's summary Of corpo-
ration news prepared by Standard
Statistics Co., Inc, New York:
Caterpillar Tractor Cot was re-
ported that with monthly earnings so
far in current year running well
ahead of like 1884 months, company
promises to show final net profit for
1885 of better than $2.55 a share. 1t
was stated that such a showing.
which would compare with $194 q
share In 1894, might foreshadow
further increase in disbursements to
stockholders.
Inspiration Consolidated Copper Co.
Directors authorized immediate re-
sumption of operations at mines and
teaching plant of company.
Teck-Hughes Gold Mines. Ltd-It
is believed that report of company
will show net surplus for fiscal year
ended August 81, 1885. of approxi-
mately S2,300,000, or nearly 48 cents
share, thus providing ample cover
age for present dividend requirements
of 10 cents a share quarterly.
Oliver United Filter Sinc.-Class B
share earnings. seven months ended
July 81, were ~ cents.
Socony-Vacuum Oil Co.-Vacuum
Oil Co., S. A. l.. subsidiary. has re-
ceived q permit to build a refinery In
Naples. Italy.
Western Railroads-Joined with
carriers Of other sections in urging
the I. G. c. not to 'usurp managerial
functions" by ordering reduction in
passenger fares to cents a mile in
coaches and 3 cents in Pullmans, as
recommended by Examiner I. L. Koch.
Western Pacific r. r. Corp.-Com-
plete list OF holders Of first mortgage
per cent bonds Of Western Pacific
r. r. Co., operating subsidiary, filed
with I. C. G. in connection with re-
organization proceedings, disclosed
Metropolitan Life Insurance Co. as
largest holder; other large holders in
cluded Prudential Insurance Co.. $3..
900 200; Atwell & Co., As Wall street,
81, 1888 500, and New York Life In
surance Co., 81, 300, 900.
West Point Manufacturing Co.
Directors took no action on quarterly
dividend on company's stock, last
payment on which was 81 a share on
July /. 1885: according to prelimi-
nary estimates in year ended August
81 company suffered loss; this was
in contrast TO $l2.1l a share earned
in 10 months to September /, 1894,
and $l3.16 share in year ended
October 81, 1888.
American States Public Service Co.
Hearing on alternate plans for re-
organization was postponed until Oc-
tober 81 to await court decision on
constitutionality Of public utility act
Of 1895; it was thought that the two
plans for reorganization might be
illegal should the constitutionslity of
law be upheld.
Edison Electric Illuminating Co. of
Boston-Common share earnings, IL
months ended August 81, were ss.s5
VS.. $3.50.
Chrysler Corp-Deliveries Of Dodge
and Plymouth passenger cars and
trucks by Dodge dealers amounted to
5,021 vehicles in week ended Septem-
Der II against 4,7s1 in previous week;
truck deliveries amounted to 1886
vs.. 1897 in week Of September Z,
1885.
Associated Gas & Electric Co.
Electric output Of system for week
ended September IA showed an in
crease Of 1873 per cent over same week
In 1894.
Great Lakes Paper Co., Ltd.-Bond-
holders meeting was adjourned to
October 4 after hearing details of four
bids submitted for the asests; none
Of the offers proposed any payment
of cash, but only different arrange
ments Of new bond and stock issues,
with various guarantees as to ton
mage.
Delaware g. Hudson Co.-Hudson
Coal Co., subsidiary. has reduced its
notes held by Chase National Bank
from $5,175,000 ut end of 1884 to
50, ,e50, 900 as Of September Q, 1885.
Long Island r. R.-Company has
filed substitute schedule of higher
Communication fares. containing the
same fare rises as those already filed,
but extending until January n, 1885,
the present rate for 12-trip weekly
Communication tickets.