Evening star., 1936-08-20
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

ration news prepared py 0CdnosIu
Statistics Co., Inc, New York.
United Air Lines Transport Corp
Deficit, 6 months ended June 80, Was
$l33,246, against deficit Of $243, ,788.
Intercontinental Rubber Co.-Defi-
cit, 6 months ended June 80, was
$7,208, against deficit of $60,856.
Newmont Mining Corp.-Declared q
dividend of rs cents. payable Septem-
Der Is; on June Is, dividend Of so
cents a share was paid.
Lakey Foundry & Machine Co.-Net
sales. 9 months ended July 81, were up
81 per cent; it was said contracts
closed and orders received recently
from Hudson, REQ and Chrysler indi-
cate further increases in sales next
year.
Hollinger Consolidated Gold Mines.
Ltd.-Declared an extra dividend Of
5 cents and usual four weeks divi-
dend of S cents a share, payable
September Z; on July IA, 1886,
similar extra dividend was paid.
Kennecott Copper Corp-Declared
dividend of 80 cents, payable
September 30; a similar dividend was
paid June 80.
Aero Supply Manufacturing Co..,
Inc-Declared q dividend of $1.12la
on account of arrears on $1.50 con-
vertible class A stock and regular
quarterly dividend of 371a cents on
issue, payable October /; on July IS,
1886, dividend of 371a cents was
effect to current distribution. accu-
mutations on this issue amounted to
$6.75 a share.
International Cement Corp.-De-
clared q dividend of so cents on
common stock, payable September 90;
on June 80, 1886, quarterly divi-
dend Of 3712 cents share was paid
on this issue. :,
Parafhn Co.'S, 1nc.-Declared an tni-
tial quarterly dividend Of 81 on new
per cent preferred stock, payable
October IS; directors also declared an
extra dividend of Is cents and regular
quarterly dividend of so cents a share
on common stock, payable September
Is.
Cutler Hammer, Inc-Declared an
extra dividend Of so cents and regular
quarterly dividend of Is cents on
common stock, payable September IS;
on June Is, 1886. an extra dividend of
rs cents q share was paid on this
issue.
White Sewing Machine Corp.-Net
income, six months ended June 80, was
$70,356, equal to 10 cents a preferred
share, against deficit Of $4,000.
Pyrene Manufacturing Co.-De-
clared a special dividend Of 20 cents
on common stock. payable September
Is; on June IS, 1886, similar distri-
button was made.
Tacony-Palmyra Bridge Co.-De-
clared dividends of so cents on COM
mon and class A stock, payable Sep
tember 30; on June 80, 1886, Is cents
a share was paid on both issues.
Universal Consolidated Oil Co.
Net income, six months ended June 80,
was $135,006. equal to 68 cents a COM
mon share. against deficit of $8,655.
Kansas City Southern Ry.-July net
railway operating income was $780,
226, against s125, ,464 in July, 1885;
in seven months net railway operat-
ing income was $1,800,262 against
$558,278.
Minneapolis g. st. Louis r. r.
Deficit, six months ended June 30,
was $1,20o,948, against deficit Of
$1,714,219.
Federated Department Stores, Inc.
filed an amendment with
Securities and Exchange Commission
stating that its issue OF 125,00 shares
of ~ per cent convertible preferred
stock will be offered publicly at $104
per unit.
Neisner Bros, Inc.-Common share
earnings, six months ended June 80,
were $l.20, against 54 cents.
Merchants &, Manufacturers Secu-
rites Co.-Declared a dividend of Is
cents on class A common stock, pay
able October IS; last previous distri-
button on this issue was 20 cents a
share on October /, 1881; directors
also declared an initial dividend Of Is
cents a share on class B common
stock and special participating divi-
dend of rs cents share and regular
semi-annual dividend of 81 a share on
participating preferred stock, all pay
able October Is.
United Dyewood Corp.-Declared q
quarterly dividend of Is cents on $40
par common stock, payable October
2; on June l, 1886, dividend Of 81
a share was paid on this issue.
United Elastic Corp.-Declared a
dividend Of Is cents on capital stock,
payable September "a; on June "a,
1886, a dividend Of 10 cents a share
was distributed
Southland Royalty Co.-Common
shares earnings, 6 months ended June
80, we're % cents, against 18 cents.
A. p. w. Paper Co.-Deficit, year
ended June 30, was $77,062, against
deficit of $120,354.
Kimberly Clark Corp.-Declared a
special dividend of Is cents and regu-
lar quarterly dividend of 1914 cents
on common stock, payable October /.
Alabama Great Southern r. r.
Net income, s months ended June 80,
was $370, $50. equal to $1.72 an ordi-
nary share, against deficit Of $33,167.
Erie r. R-July net railway oper-
ating income Of system was 81, ,458, ,9S4,
against s460,896 in July, 1885; in 7
months net railway operating income
was $8.694 ,646, against $6,445,233.
Gulf, Mobile & Northern r. r.
Preferred share earnings, months
ended June 30, were SLAB, against 40
cents.
United States Steel Corp.-Ingot
production at plants of subsidiaries in
week ended August II, 1886, was esti-
mated at 661z per cent of capacity,
compared with 671z per cent in pre-
ceding week, and 81 per cent two
I'M