The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-21

A summary of corporation news
prepared by the Standard Statistics
Co., Inc, New York, follows:
Alaska Juneau Gold Mining Co
has acquired control of Beebe Gold
Mining Co., it was reported.
Associated Dry Goods Corp. de-
clared a dividend of So a share on
first preferred stock. Last previous
distribution on this issue was s1.50 a
share on June l, 1882.
Borg Warner Corp. subsidiary
Norge Corp, reported rs per cent
gain in shipments for 1884.
Bush Terminal Co. has filed a
plan for the reorganization under
amended bankruptcy act in Fed
eral Court, Brooklyn, by I. T. Bush,
as a stockholder. The plan is
submitted to court as a basis for
equitable negotiation among all par
ties and is not intended to be a
final or inflexible arrangement.
Chesapeake & Ohio Railway pres
ident said January net may not
reach figure of like 1884 month.
because Of higher wage costs.
Ford Motor Co. will resume as
sembly operations soon at it's
branch in Memphis, which has been
operated only as a sales branch
since the end of 1882. About 1900
men will be employed at this point.
Hamilton-B Brown Shoe Co. In
connection with suit filed in Circuit
Court, st. Louis, Mo, by two direc-
tors and two stockholders for ap-
pointment of a receiver, L. E. Hart,
president, stated the action was
without merit, and will be defended.
Hanna on. A. Co. declared a
dividend of Is cents on common
stock. On Sept. 10, 1884, an initial
dividend of Is cents was paid.
Humble Oil and Refining Co.
1t was said that during the
first nine months of 1884 profits of
the company and subsidiary, Humble
Pipe Line Company, totaled $780,
906625 against total 1888 profits of
$20,847,817.
Kansas City Southern Railway
December net railway operating in
come was $13,515, against $46,521.
Louisville g. Nashville Railroad
common share earnings for the IL
months ended Nov. 80, 1884, were
S2.43, against $1.59.
McKeesport Til Plate Co. is
increasing operations to capacity,
giving full-time employment to
some 5000 men working in three
eight-hour shifts each day.
Paraf1ne Companies, Inc, COM
mon share earnings for the six
months ended Dec. 81, 1884, were
$1.30, against $216.
Pere Marquette Railway president
said company's revenues have been
running around 10 per cent TO II
per cent above a year ago in last
few days and results for January
are expected to show improvement
over a year ago. The 1884 prelimi-
nary deficit was $615,625 against
deficit of $1,599,471.
Radio Corp. of America declared
a dividend of $9.6215 on preferred A
stock, clearing up all accumulated
dividends on this stock. No pay.
ments have been made on preferred
A stock since first quarter of 1882
1t was said that the dividend applies
to the $685. 97 shares of preferred A,
but not to the 100000 shares of pre-
ferred A issued to Rockefeller Cen
ter on account of modification of
Radio City leases in the amount of
space and rentals to be paid to
Rockefeller Center and on which the
dividend will amount to $7.39
share.
Socony- Vacuum Oil Co., Inc, an
nounced an advance, effective JAM
81, of 4 cent a gallon in tank car
price of gasoline at New York,
Providence and Boston. Retail tank
wagon and service station price of
gasoline also was increased p cent
in New York and New England, ex-
cept a few points.
Southern Pacific Co. deficit for the
eleven months ended Nov. 80, 1894,
was 1921 compared with deficit
$6,690,519.
United Air Lines Transport Corp.
handled 81 per cent OF passenger
traffic out Of Chicago in 1884.
United Corp. 1884 common share
earnings were II cents, compared
with "a cents. Net asset value on
Dec. 81, 1884, equaled $1.14 COM
mon share, compared with $4.10 on
Dec. 81, 1888
Wabash Railway Co. deficit,
eleven months ended Nov. 80, 1884,
was $2,951 1924, compared with deficit
$4,656,244.
Wheeling Steel Corp.-Operating
its own hearths at practically 100
per cent of capacity.
nDAlkI klEN AWAIT