The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-01-18
GIeuningS

GZeuningS
A summary bf corporation news
prepared by the Standard Statistics
Co., Inc, New York, follows:
Bethlehem Steel Corp.-Supreme
Court Justice Steuer, New York.
signed an order requiring Beth
lehem Steel Co., subsidiary, in
effect, to pay interest on certain of
it's bonds at the old gold parity of
the dollar. The Bethlehem Co. OBJ
tanned an order for 5000 tons of 130
pound steel rail from Norfolk &
Western Railway.
Blue Ridge Corp. declared usual
quarterly dividend of one-thirty-
second of a share of common stock.
or rs cents in cash on SO convertible
preference stock.
Charts Corp. declared an initial
quarterly dividend of 3713 cents on
new $40 par common stock.
Como Mills Co. 1884 common
share earnings were $1.22, against
81 cents.
Delaware & Hudson Corp. deficit
of operating subsidiary, Delaware &
Hudson Railroad Corp. in eleven
months ended Nov 80, 1884, was
$3,075, 416, against deficit $3,430,9 89.
Florida East Coast Railway def
cit for the eleven months ended
Nov. 30, 1884, was $2,623,111, against
deficit $3019,513.
General Baking Co. declared a
dividend of Is cents on the COM
mon stock. A similar distribution
was made on common stock on Nov
l, 1884
Kelly Springfield Tire Colt
was announced reorganization of
Kelly-Springfeld Tire Co., New
York corporation, and subsidiary
of this New Jersey company, has
been effected with the election OF
new officers, headed by F. G. Fergu-
son, president; j. F. O'ShaughnesSy
and d. O'Regan, vice president. Re-
organization of the New York corpo-
ration followed dissolution Of receiv-
ership by Federal Judge Hubert,
New York
Mackay Companies-Land line
operations Of Postal Telegraph
Cable Co. in November resulted in
a net loss of 1867 against net
loss of $358,73 in November 1888.
In the eleven months net loss was
So, 457627.
Pennsylvania Railroad common
share earnings for the eleven
months ended Nov. 80, 1884, were
$122, against $145.
Reading Co. common share earn
ings for the eleven months ended
Nov. 30, 1884, were $1.88, against
$3.50.
Sharon Steel Hoop Co. announced
it will redeem on Feb. l the script
certificates, series A, issued in par
tial payment of the interest cou-
ponS due Feb. 1, 1888, on its first
mortgage 513 per cent sinking fund
bonds, series A.
Spalding CA. g. & Bros. is oper-
ating its two Chicopee CMass0
plants at capacity with about 900
employed.
st. LouiS-San Francisco Railway
deficit for the eleven months ended
Nov. 80, 1884, was S9,325,089 against
deficit of $9,159,855.
United States and British Inter-
national Co., Ltd, net asset value
on Nov. 80, 1891 equaled $1192 a
preferred share, against IS cents on
Nov. 80, 1888.
United States Steel Corp subsi-
diary, Carnegie Steel Co., received
an order for $4,000 tons of 13O-pound
steel rail from Norfolk & Western
Railway Co.
Wabash Railway-Public Works
Administrator Ickes announced
granting of loan of $2,350,000 for a
new bridge to be constructed by
Wabash st. Charles Bridge Co., sub
sidiary of company, across Missouri
River at st. Charles, Mo.
Western Pacific Railroad Corp.
deficit of operating subsidiary,
Western Pacific Railroad Co., in II,
months ended Nov. 80 was 81, 436, 404,
against deficit of 81 1885, 305.
Willys-Overland Co. is adding
| 1000 workers to increase production
of new passenger cars. 1t was said
receiver has obtained orders for
5000 from the eastern territory. Pre-
viously 5000 cars had been ordered
by Pacific coast and Atlantic dealers.
Naumkeag Steam Cotton Co. COM
mon share earnings for the year
ended Nov. 80, 1884, was 5000,
against SO cents.
Portrero Sugar Co. deficit for the
year ended Oct 81, 1884, was $780,
335, against deficit $227,296.
Fairey Aviation Co., Ltd, will pay
dividend of 9 cents on American
shares of this company on Jan. "a
On Jan. "a. 1884, a distribution of
Is cents was made on American
shares.
Cleaner Harvester Corp. earned
over 81 a share in 1884.
Hamilton Wooden Co. deficit for
the year ended Nov. 80, 1884, was
s375,167, against net inconas $685.
104.