Evening star., 1935-07-10
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
| LEADING ORGANIZATIONS.

NEW YORK, July 10.-The fol-
lowing is today's summary of corpo-
ration news prepared by Standard
Statistics Co., Inc, New York:
Chrysler Corp. revtseO-Produc-
ton and shipments of passenger cars
and trucks in six months ended June
30, totaled 486578 against 387684 in
first nalf of 1894; in June. 1885. ship
ments totaled 65,346, compared with
81 ,769 in like 1884 month; shipments
for quarter ended June 80, 1895,
totaled 237, $3.50 units, largest second
quarter in corporations history. and
within 10000 units of the all-time
quarterly shipment peak, established
in first quarter of 1885.
Westinghouse Electric g. Mfg. Co.
A contract, amounting to about
100000 has been awarded to this
company by the City OF Los Angeles
for a hydrogen-cooled frequency con-
verter.
United Fruit Co. common share
earnings before Federal taxes, six
months ended June 80, were esti-
mated at S1.57 VS.. S217.
International Securities Corp. of
America net asset value on May 81,
1885, equaled S46.17 per preferred
share VS.. s3597 on November 80, 1884.
Phoenix Securities Corp.-Stock-
holders of company ratified plan to
clear up accumulated dividends on
preferred stock and to place the issue
or regular 6 per cent basis, starting
July l, 1885.
Transue & williams Steel Forging
Corp.-Net income, six months ended
June 30, was s76,179, equal to so
cents a common share VS.. deficit.
s6.735.
Dome Mines, Ltd.-Value Of pro-
luction including premium in June
was s623,375 VS.. s60l ,004 in June,
1884: in six months value was s3,S4l.-
1913 VS.. s3.704 ,812.
United Wall Paper Factories, Inc.
prior preference share earnings, year
ended April 80, were $3.50 VS.. 1850.
American Locomotive Co.-Subsid-
iary. Alec Products Co.. obtained con-
tracts from Shell Petroleum and
Crown Petroleum Cos for refinery
equipment totaling S325,000
Bangor & Aroostook r. R.-Com-
pany's first-half net was estimated
at $3.50 per common share VS.. s4.95
share for like 1884 period.
Delaware & Hudson Co-Notes of
the Hudson Coal Co., subsidiary, to
the Chase National Bank of New
York were reduced to S3,930000 May
"a, 1885. from S5,175, 900 at the END
of 1884, according to data filed with
the Securities & Exchange Commis-
sion: the Hudson coal notes are guar
anteed by the Delaware & Hudson.
Great Northern Ry.-Defcit, five
months ended May 81. was 5000 .906
VS.. deficit s5,937,6e3.
Armour & Co. of Delaware prefer
red share earnings. 26 weeks ended
April 81, were S701.
Illinois Central R. RI. C. C. ap-
proved extension for three years from
July %, of a loan of s3,783 900 from
r. F. c.
Lerner Stores Corp.-June sales
we're up 142 per cent; five months up
II per cent.
Bethlehem Steel Corp.-Subsidiary,
McClintic- Marshall Corp. received
contract for Bronx approach to Tri-
borough Bridge, calling for about
1850 tons of steel on its bid Of
S1.093,753: this subsidiary also re-
ceived an order for 1000 tons Of
bridge steel from Nickel Plate R. r
American Telephone & Telegraph
Co-Report covering operating ac-
tivities only for May showed net op-
Grating income of S12l8,93S VS..
s1,242.271 in May. 1884; in five
months net operating income was
Sc, 1926 .449 VS.. $7,157,9l9.
Utilities Power G. Light Corp.-1934
deficit was $2,230,577 VS.. deficit $780,
514.
Philadelphia & Reading Coal &
Iron Corp-Subsidiary. Philadelphia
& Reading Coal & Iron Co., an
nounced an increase of Is cents a
ton in anthracite prices, effective Au-
gust l. 1885.
Continental Motors Corp-Deficit,
six months ended April 80, was SAIL
$50 VS.. deficit S9O5 $40.