The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-22
LATEST NEWS
AS ANNOUNCED
BY COMP ANIES
Developments, Happenings
Revealed by Leading
Corporations.

A summary of. corporation news
prepared by the Standard Statistics
Co.. Inc, New York, follows:
Allied International Investing
Corp. declared a dividend of 35
cents on account of accumulations
on SO convertible preferred stocks.
The last previous payment on this
issue was so cents share on Aug.
/, 1881. Giving effect to Feb. l, pay
ment. arrears amounted to $1,000 a
share of SO convertible preferred
stock.
American Superpower Corp. 1884
first preferred share earnings were
S1.29, against So Liquidating on
Dec. 81, 1884, equaled S4.S7 a share
of preference stock.
Atlas Imperial Diesel Engine Co.
for the year ended Nov 80, 1884,
was $30,411, against deficit S198,577.
Baldwin Locomotive Works BUSH
ness booked Gncluding affiliates) in
December totaled S1,O35 900. against
Sl,O4O000 in December, 1888. In IL
months totals we're SCI, 935, 900,
against S10,635, 900; shipments (in-
Guiding afiliates) in December to-
tailed $20870OO against S1,078,0O0:
in II months shipments we're S16.-
$4,000 against 1851 900; untitled
orders consolidated at the beginning
of this year amounted to S9,46200O
against $4,358,000 at the outset of
1884.
Bangor 81 ArooStook Railroad
president estimated 1884 earnings
of company between S4.75 and SIS a
common share. In 1888 earnings
equaled $500 a share.
Bastian- Blessing Co. deficit for
the year ended Nov. 80, 1884. was
SIT 693, against deficit $1O7673.
Columbus Railway, Power and
Light Co., serving the metropolitan
areas of Columbus, O., has filed suit
in United States District Court
seeking to enjoin construction of a
81 100000 extension to the munich
pal light plant. Suit challenged
legality of a Federal grant, con-
tending it aided the city in compe-
tition with private industry.
Ford Motor Co. has advanced its
February production schedule to
10000 units, 10000 more than
when first estimates we're set ten
days ago.
Ford Motor Co. of Canada, Ltd,
production of company for 1884 is
expected to total between 10000 and
100, 900 cars compared with about
10000 in 1884.
Hanna IN. A. Co. 1884 prelim-
mary common share earnings we're
"a cents, against IA cents.
International Utilities Corp. de-
clared usual quarterly dividends of
871a cents on ST prior preferred
stock and 4334 cents on $3.50 prior
preferred stock, series 1881. Giving
effect to these payments, arrears as
of Feb. /, 1885, amounted to S4.371s
a share on 81 preferred stock and
S2187 a share on $3.50 preferred
stock.
keystone Steel and Wire Co de-
clared a dividend of so cents on
common stock. The company made
four disbursements of so cents a
share each in 1884, the last one on
Oct. 10, 1884.
Lands Machine Co. president said
resumption of payment OF regular
quarterly dividends on common
stock on a modest scale is con-
templated Feb. Is, 1885.
McKesson g. Robbins Inc, Mo-
vember net sales were up 1853 per
cent. Eleven months up 81 per
cent.
National Bearing Metals Corp.
declared dividend of SO on account
of arrears on preferred stock pay
able in two equal installments.
These dividends will clear up &C
cumulated dividends on companys
preferred stock.
Norfolk & Western Railway an
nounced it would build steel and
concrete coal bridge at Lamberts
Point, Norfolk, Va, to cost So 900, 900.
Dredging contracts, involving S140,-
UUU, W6IG dWdI QCQ W al AAlOC1 W.
Structural steel would be fabricated
and erected by Virginia Bridge and
Iron Co.
Owens-Il Illinois Glass Co. 1884
common share earnings were esti-
mated at $5.42, against actual earn
ings of S486 in 1888. Cash and
working capital at end of 1884 both
were above those of previous year.
Pressed Steel Car trustees report
ed net profits for eleven months Of
1894 or S34S,393. Untitled orders Of
company exceed $500, 900.
Sharon Steel Hoop Co. president
said January business Of company
has been about IS per cent above like
period in December and rs per cent
above January, 1884.
Tide Water Oil Co. announced
that it has acquired the Universal
Gas and Oil Co. of Easton, Pa.
Virginia Iron, Coal and Coke Co.
1884 preliminary deficit was $24,682,
against deficit S84,519.