Evening star., 1937-05-30

april 81, were $517. Company has
filed with S. E. c. registration state
ment covering not more than 68.Ol8
shares OF common stock and warrants
to subscribe to the stock. Shares will
be offered to present stockholders on
basis of one additional share for each
four shares held at prices to be filed
by amendment.
American Chain & Gable Co., Inc
Declared dividend of so cents a share
on new common stock.
Socony-Vacuum Oil Co., Inc.-Gen-
eral manager of Standard Oil
Co.. jointly owned by this company
and Standard Oil Co., New Jersey, was
reported as stating prospects were that
license allowing the concern to oper-
ate an oil business in Ethiopia would
be granted in near future by the Italian
government.
Southland Royalty Co.-March
quarter common share earnings were
IA cents, against 10 cents.
Champion Paper g. Fibre Co,-Com-
mon snare earnings. II months ended
March 81, were s214. Paper mill
which company has constructed at
Pasadena, Tex, at cost OF more than
S4,O00,000, will be enlarged by an ad-
ditional unit to cost approximately
sl,500,000. Plans also will be drawn
for another paper mill.
Chicago & Northwestern Ry.-April
net railway operating deficit was
s2S8,185 against net railway operating
deficit Of $498,761. In four months
net railway operating deficit was ST.
O69,507 against net railway operating
deficit Of $l,324,675
Chicago, Rock Island & Pacific Ry.
April net railway operating deficit
was sl59,958 against net railway op-
Grating deficit of s475,963. In four
months net railway operating income
was $76,482 against net railway operat-
ing deficit OF sl,413,89S.
Denver & Rio Grande Western R. R.
Deficit, four months ended April 30,
was S2,046,537 against deficit of ST.
530,137.
Erie, r. RI. c. c. has approved
extension of r. F. c. loans to this COM
pany totaling sl6.2oo,0OO. I. c. c.
ruled that the Erie is not now in need
of financial reorganization
Maine Central r. R-Net income,
four months ended April 30. was s32l,-
BOT, equal to $2ll a common share
against deficit of s336,9l9
New York, Ontario & Western Ry.
Group of institutional creditors have
formed to protect their interests in
connection with proceedings for reor-
ganization.
North American Car Corp.-March
quarter common share earnings were
9 cents.
st. Louis Southwestern Ry.-April
net railway operating income was
$l25,527 against sl43,5So. In four
months net railway operating income
was s696,046 against $1,014,282.
BlaWKnox Co.-Columbia Steel Co.,
subsidiary of United States Steel Corp,
has awarded to Lewis Foundry & Ma
chine Co., Blaw-Knox subsidiary, a
contract for completely mechanical
three high mill with roller and
catcher tables This Is the seventh
three-high mill order received by the
Lewis company in current year.
Ludlum Steel Co.-President said
company recently completed the best
quarter in its history and now seems
to be in the midst of another quarter
just as good.
Midvale Co.-Declared dividend Of
$l.25 share, payable July l. Com
pany paid a dividend of IS cents on
April 3. 1887, and total of IS in 1886
Company is controlled by Baldwin Lo-
comotive Works
Peoples Gas Light g. Coke Co.
Common share earnings, four months
ended April 80, were $215 against
$l35.
Aviation Corp.-Lycoming division
of Aviation Manufacturing Corp, sub
sidiary, announces that untitled orders
on hand for Lycoming radial aircraft
engines and Lycoming controllable
propellers amount to over $500, 900.
About half of these orders are for
the United States Army and Navy.
Lee Rubber & Tire Common
share earnings. six months ended
April 80, were $l.84, against 80 cents.
Equitable Office Building Corp
Common share earnings before surtax,
year ended April 30, were 81 cents,
against 80 cents.
Mesta Machine Co-Company has
received a contract for new bloom
Ing mill, hot strip mill and a cold
strip mill, from John Summers &
Sons Co. Of England. President of
Mesta, confirming the contract, said
that operations Of company are at
capacity and there is more business
on the books than ever before in its
history.
Hollinger Consolidated Gold Mines,
Ltd-Declared extra dividend Of 5
cents a share and regular monthly
dividend Of S cents a share, payable
June II. On April %, 1887, q similar
extra dividend was paid.
Eastern Utilities Associates Com
mon share earnings. IL months ended
April 30, were $2.87, against $2.es.
Electric Power & Light Corp
March quarter deficit Of parent COM
pany only was $l36,864, against deficit
Of $110,24s.
Georgia Power Co.-Preferred share
earnings, IL months ended April 30,
were 5000, against $9l7.
North American Edison Co.-Pre-
ferred share earnings before surtax,
IL months ended March 81, were
1884, against $2650
Tampa Electric Co.-Common share
earnings IL months ended April 80
were $2.37, against 1921.
Tennessee Electric Power Co.-Pre-
ferred share earnings IL months ended
April 30 were $963, against 5000.
Pennsylvania Railroad - President
said that net profit available for capi-
tai stock for first five months should
Be about equal to or . shade better
than tn like period Of 1895.