Evening star. [volume] (Washington, D.C.) 1854-1972, 1937-05-16
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

Hanes, P. H., Knitting Co. declared
extra dividends Of 10 cents q share
and regular quarterly dividends Of IS
cents a share on common and class B
common stocks, payable June /. On
March l, 1887, extra dividends OF S
cents were distributed on each class.
Technicolor, 1nc.-President esti-
mated that net profit in the first quar-
ter was about sl65,O00 before taxes,
material gain over results in the
1896 first period. For full year 1895
company showed net Of s482,ll4 equal
| to IS cents share 1t was stated
Technicolor has signed contracts for
two films to be made by Warner Bros.
and two by Paramount and that in
the neighborhood of 10 or 20 feature
films in technicolor probably would be
made this year Footage now is run
ming materially in excess of the 49,
100000 feet produced in 1896.
Warner Bros Pictures, Inc.-Vita-
phone division of company will re-
lease 1874 short subjects during 1887
38 season, including 20 cartoons in
| technicolor and six two-reel pictures
in technicolor.
| Continental Gas g. Electric Corp.
preferred share earnings, II mons
ended February %, were $3.50,
against 1881.
North American Light g. Power Co.
preferred share earnings. II months
ended March 81, were s3l8, against
IS cents.
| Philadelphia Co.-Net income before
subsidiary preferred dividends ard
minority interest, in IL months ended
March 81, was s8,745,556, against So
/ 276,5l2
| United Gas Corp-Preferred share
earnings before surtax of parent con-
pany only, in IL months ended Febru-
airy %, were s80l, against S435.
Commercial Credit Co-Stockho,d-
ers Of Cleaner Harvester Co., Sc per
cent owned by this company, APP
proved two-for-one split-up of the
capital stock, increasing shares out
standing from 1912 to 259,464.
North Central Texas Oil Co.-March
quarter common share earnings, before
Federal Taxes, were II cents, against
5 cents.
Panhandle Eastern Pipe Line Co.
Company has requested Securities and
Exchange Commission to permit with
draWal Of its registration statement
covering $4,000 shares of no par CON-
mon stock. 1t had been proposed to
offer these shares for subscription to
stockholders of Missouri Kansas Pipe
Line Co. at $25 each.
Brill 81. g. Cot was said strike
Of l,400 employees OF company was
ended by wage increase and recogni-
ton Of their union.
International Great Northern Rail-
road-March quarter deficit was $780,
253, against deficit of s72235O
Minneapolis g. St. Louis Railroad
March quarter deficit was ssl3072.
against deficit of s774,57l.
Missouri Pacific Railroad-March
quarter deficit was s2.3l9,265, against
deficit Of s3,O48.769.
Neisner Bros, Inc.-Company called
for redemption on June "A all out
standing per cent cumulative con-
vertible preferred stock not deposited
pursuant to exchange offer. dated
April rs, at Sis share plus Sc cents
accrued dividend
Woolworth, F. w, g. Co., Ltd-It
was stated that directors of company
declared an intfrim dividend on ordi-
nary stock of Cd share. less tax, on
capital. which was increased by
100 per cent in November. 1885. This
compared with Is I'D share on old
capital
Calamba Sugar Estate-Declared an
extra dividend of so cents share and
regular quarterly dividend Of 40 cents
share on common stock. payable
June l. On April l, 1887, similar
extra dividend was paid.
Roxy Theaters Corp-Special Mas
ter A. S. Pratt recommended approval
by Federal Judge Caffey, New York, Of
the proposed amended plan Of re-
organization for Roxy Theaters Corp.
under which control of the company
would be obtained by Twentieth
CenturyFox Film Corp. Master sug
gested that the proposed plan be
amended so that general creditors to
the Roxy equity receivership proceed
ings, whose claims total 500 1872, would
be Paid in full rather than the so per
cent adjustment proposed.
Brazilian Traction, Light & Power
Co., Ltd-Declared a dividend Of so
! cents share on common stock, pay
able July TO- On January 80, 1887.
distributed on this issue
Public Service Electric & Gas Co.
Chairman of protective committee
has approved plan presented by this
parent company for merger of proper
ties of seven New Jersey utilities now
! operated under lease.