Evening star., 1936-07-23
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, July 23-The follow
ing is today's summary Of corporation
news prepared by Standard Statistics
Co., Inc, New York.
General Motors Corp, Vauxhall
Motors, Ltd, subsidiary, declared in
terim dividend of 80 per cent on in
creased ordinary stock, against so
per cent a year ago.
Graham-Paige Corp.-Production of
cars by company in first six months
of 1886 totaled 1861 units; for full
year 1885, output in 1894 total was
l5,745.
Willys-Overland Co-Federal Judge
Hahn, Toledo. granted leave to
Empire Securities. Inc, to intervene
in Willys-Overland Co., 77-B pro-
ceedinss, with view to submitting
reorganization plan; petition stated
that Empire Securities now controlled
10 per cent of first mortage bonds,
80 per cent of mechanics liens and 95
per cent of unsecured claims of
WHY'S Overland Co.. and 81 per cent
land, Inc. subsidiary.
Mathieson Alksli Works, Inc
Common share earnings, six months
ended June 30, were rs cents, against
So cents.
Apex Electrical Manufacturing
Co.-Common share earnings. six
months ended June 80. we're $2.52.
Radio Corp of America-Gross
time sales Of National Broadcasting
Co.. subsidiary, in June, 1896, totaled
$2,345,843. or is per cent less than
that for June, 1895: total for the
Red Network in June was sl,505,-
$40 and for Blue Network s840,323.
Wrigley, CWm1 Jr. Co.-Common
share earnings. six months ended June
30. we're Sl.75, against s1.95.
Bon Ami Co-Class B share earn
ings. six months ended June 30, were
sl65, against $l.43.
Standard Investing Corp.-Net as
set value on June 80, 1886, equaled
$62.75 per preferred share. against
s48.s2 on December 81, 1885.
Sterling Securities Corp-Declared
a dividend of $3 on account of ar
rears on SO first preferred stock,
payable August IT: on May Is. 1886.
a similar distribution was made: Civ
ing effect to current payment, ac-
cumulations on this issue amounted to
So a share.
Pittsburgh Screw g. Bolt Corp
Declared a dividend of 1912 cents
on common stock, payable September
l. Last previous distribution on this
issue was 1712 cents q share on July
IS, 1881.
American Metal Co., Ltd.-Company
increased price of zinc points to
480 cents a pound.
General Asphalt Co.-Common
share earnings. six months ended June
80. were l9 cents. against 26 cents.
Ohio Oil Co.-Company reduced
the price for two Wyoming crude oils
10 cents a barrel, effective as of July
20.
Texas Corp.-Earnings of company
and subsidiaries for first six months
of 1886 were estimated at $1.7l a
share. after deduction for the esti-
mated normal Federal taxes.
Dominion Stores, Ltd-Sales. four
weeks ended July IL, were up 1877
per cent; % weeks up 10 per cent.
Savannah Sugar Refining Corp
Company called q special meeting of
stockholders of record July Is for
August 20. to vote on q plan to split
the common stock four shares for one
and to retire present per cent cum
ulative convertible preferred stock,
s100 par, by conversion into common
on a share-for- share basis; uncon-
verted preferred would be called for
redemption at ITO or exchanged for
new IS preferred stock, 500 par,
callable at liz.
Carolina Power g. Light Co.-Pre-
ferred share earnings, II months ended
June 80, were $S.97, against $7.56.
Birmingham Electric Co.-Preferred
share earnings, IL months ended June
80, were $6.11, against $4.29.
Texas Electric Service Co.-Pre-
ferred share earnings. IL months
ended June 80, were $ls.38, against
$19.37
Hanes P. H) Knitting Co.-Com-
pany announced a price advance of
IS cents a dozen on branded lines