Evening star., 1937-06-27
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATION

NEW YORK, June 26.-The follow
Ing is todays summary OF corporation
news prepared by Standard Statistics
Co. Inc. New York.
General Motors Corp.-Domestic re-
tail sales of Buick cars during second
10 days Of June, 1887, totaled $3.50
units. against 1902 during scond 10
days of May and 1888 in like period of
June, 1886. Used car sales for the
second 10 days of June were l0,595
units, unchanged from the previous
To-day period Dealers used car stocks
approximated $1,000 cars or about %
days supply.
International Cigar Machinery CO.
United States Board of Tax Appeals
rendered a decision in favor of this
company involving S705.844
Chicago Milwaukee. st. Paul & Pa
cilc Railroad-May net railway oper-
ating income was S2l 1893. contrasted
with net railway operating deficit of
s3l0265. In five months net railway
operating income was s2,361,494,
against net railway operating income
Of sl806 389
Chicago. ST. Paul, Minneapolis e.
Omaha RailWay--May net railway op-
Grating deficit was Sl03320, against
net railway operating income of 50 2,444
In Ave months net railway operating
deficit was s63l517, against net rail-
way operating decit of s449781.
Colorado & Southern Railway
May net railway operating income was
S32,3l9, against s7,940 In five months
net railway operating income was
s23,216, against s46,632.
Missouri, Kansas, Texas Railroad
Deficit, five months ended May 81,
was s7l0,306, against deficit Of ST ,274,-
721.
Missouri Pacific Railroad-May net
railway operating income was s371,8 ,8l6,
against S3l1,319. In five months net
railway operating income was $685.
626, against s2,732,244.
Wabash Railway Co.-May net rail-
way operating income was S239Ol6,
against s403,24l. In five months net
railway operating income was $685.
228
Wisconsin Central Railway-Defcit
five months ended May 81, was S427,-
e74, against deficit of s766,41l.
Eastern Gas & Fuel Associates-Net
income, II months ended May 81 was
S2,905035, against s2949.431.
National Power g. Light Cocoon
solidated common share earnings, be-
fore surtaX, II months ended Nav
81, were Sl.l5, against 88 cents.
Ohio Edison Co-Company peti-
toned Utilities Commission for au-
thority to sell slO0OO,OOO first mort
gage bonds with maximum maturity
20 years and interest rate not to ex-
ceed per cent. Proposed issue would
capitalize the uncapitalized additions
to plant as of April 30, and other i'm
provements contemplated.
Power Corp. of Canada, Ltd.-De-
clared an interim dividend of 25 cents
share on common stock, payable
July rs. On December 81, 1896,
similar amount was distributed on this
issue
Corn Products Refining Co.-De-
clared regular quarterly dividend of
rs cents a share on common stock,
payable July 20.
LoolaW Groceterias Co., Ltd.-Class
B share earnings, year ended Nav 20
were sl.32, against Sill in year ended
May 81. 1896.
Consolidated Oil Corp.-Company
nled a registration statement with S.
E. c. covering 100000 shares of COM
mon stock, no par, to be offered to
employees and officers under stock pur-
chase plan.
Boston IL Maine Railroad-Presi-
dent was reported as having stated
that company should show net income
Tor the initial half of 1887 of nearly
$1,0o0,000.
Great Northern Railway-Dehcit
nve months ended May 81, was s2,-
E. 2oIo37, against deficit of s3.512112.
Maine Central Railroad-President
was reported as having stated that
company should show a surplus of
around S500,O00 for the first six
months of 1887
New Orleans, Texas & Mexico Ron-
way-May net railway operating in.
. come was s262 ,129, against s69,o64
In five months net railway operating
income was s2,467,285, against ss72,-
1873.
Apollo Steel Co.-Declared an extra
dividend OF l2i2 cents share and
regular quarterly dividend of 1917
cents a share, payable July l.
commonwealth Edison Co.-Mav
net income, after provision for surtax.
was S858004, against S753, 1855. In five
months net income, after surtax, was
s6,525,519, against s4,364,518.