Evening star., 1935-02-03
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS,

NEW YORK, February 2.-The fol-
lowing is today's summary of corpora
tion. news prepared by Standard Sta
tisticS Co., Inc, New York;
Kimberly Clark Corp, 1884 prelim-
mary preferred share earnings were
$3.50 VS.. $446.
Chicago, Indianapolis & Louisville
Ry.-December net railway operating
income was $488,726 VS.. net railway
operating income Of S37,8ll in Decem-
, Der, 1888; in II months net railway
operating income was S119,800 VS.. net
railway operating deficit of S21, 1888.
Pennsylvania Railroad Il. c. c.
granted authority to company to equip
500 additional cars being built under
P. w. A. loan with auto leaders; road
planned to equip only 500 cars with
/ these devices, but because of heavy
| demand for cars with auto leaders,
asked that number be increased to
1000.
Simpsons, Ltd. - Preferred share
| earnings, year ended January 2, 1885,
were $6.29 VS.. S1.79.
Castle "a. M g. Co.-1934 COM
mon share earnings were $3.4l VS.. So
cents
Bethlehem Steel Corp. subsidiary.
Pacific Coast Steel Corp, has received
a contract from Southern Pacific Co.
for 5000 tons of rail.
Colorado Fuel & Iron Co.-Com-
pany received an order for 1915 tol.s
of rail from Southern Pacific Co.
United States Steel Corp subsidiary,
Columbia Steel Corp, has received an
order for 1853 tons of rail from
Southern Pacific Co.
Morris (Philip) Consolidated, Inc.
Company notified stockholders that
it will pay to shareholders of record
February 2 a liquidating dividend of
SO cents a share in cash and four
tenths Of a share of Philip Morris &
Co.. Ltd, Inc. stock: a cash balance
will be held by the company, pending
determination of taxes to be paid and
liquidating expenses; when these items
have been settled, the balnce will be
distributed pro rata to stockholders:
this amount is expected to be around
81 a share
Southern Bell Telephone g. Tele-
graph Co-December net operating
income was S927,209 vs. $704,666 in
December. 1898; in IL months net op-
Grating income was $9,961 1886 VS.. So
638. .48l.
Southern New England Telephone
Co.-Net earnings of company in 12
months ended December 81, 1884, was
1925 PAS vs. S3,i65 $50 in 1888.
General Motors Corp.-Production
of Chevrolet cars in January, 1885, to-
tailed about $4,000 units. including
$4,000 standard models. against total
Of about 10000 in January, 1894;
schedule for February calls for pro-
duction of about 10000 units against
10000 in February. 1884
Nash Motors Co.-Shipments Of
Nash and Lafayette cars from Racine
and Kenosha plants of company for
January were the largest for that
month since 1929.
Virginia Carolina Chemical Corp
1t was said directors on February IS
will decide whether or not to appeal
from decision of Hastings Court Judge
Wells ordering payment of a years
dividend of 81 share on prior prefer
ence stock.
Hollinger Consolidated Gold Mines,
Ltd.-Declared usual extra dividend
Of 5 cents and regular monthly divi-
dend of like amount.
Libbey- Ford Glass Co.
Company gave its workers a wage in
crease of 5 per cent plus readjust-
ment amounting to about per cent,
effective February /.
United States Steel Corp.-It was
said that with current production Of
ingots at around 4612 per cent and
output of finished products at about
A per cent, corporation should be
showing some net profit at this time.
Public Service Corp. Of New Jersey
Subsidiary, Public Service Electric g.
Cos Co., let contract for a $750,000
addition to its Camden, N. j.. gas
plant; orders was placed with Koppers
Construction Co.