Evening star., 1938-05-28
CORPORATION
REPORTS

BY III, Associated Press.
NEW YORK. May 23.-T7he follow
ing is todavs summary of corpora
ton news prepared by Standard Sta
tistics Co.. Inc. New York:
Ford Motor Co.-Shutdown of COM
panvs Dearborn assembly lines and
all but two others of the Ford assem-
bly, plants was announced. effective
Nav q, until June g. Production
schedule for June is l9 days. A year
ago at this time company went on
fo,lr-dav week in order to POSTPONE
the summer closing down as long as
possible.
Willys-Overland Motors. 1nc.-Defl-
cit. six months ended March 81, was
s188.222 against net income OF
sl55, ,666
Casco Products Corp. Common
share earnings before surtax, year
ended February %, were sl.55, against
S28S
United Carbon Co.-Declared divi-
dend of rs cents, payable July l TO
holders of record June IS. An April
l. 1888, company disbursed 81 a share
Babcock e. Wilcox Co.-Directors OF
company took no action on dlldend
on common stock. last payment on
which was Is cents share on April
l, 1888
Waukesha Motor Co. Common
share earnings. nine months ended
April 80. we're 78 cents, against S1.70.
Montgomery Ward & Co.-Prices IN
company's summer flyer catalogue
show decreases 10 to 25 per cent from
spring summer catalogue, issued in
January, 1888
Anaconda Copper Mining Co.-Di-
rectors of company took no acton on
dividend on common stock. last pay
ment on which was IS cents a share
on March %. 1888.
Gillette Safety Razor Co.-Deciared
Is cents common dividend, payable
June 80 to holders of record June 6.
Last previous payment Was IS cents
share on March 81. 1888.
United States Distributing Corp
March quarter preferred share earn
ings were 48 cents against $l.59.
ROYAL Typewriter Co. - Common
share earnings. nine months ended
April 30, were S476, against 1926.
Quaker State Oil Refining Corp
Company has suspended refinery oper-
ations for two weeks because OF ac-
cumulation of products and current
market conditions.
Socony-Vacuum Oil Co., Inc.-Pres-
ident said earnings OF company tor
first four months of 1888 were about
one-third less than in like 1887 period.
Atchison, Topeka & Santa Fe Rail-
way-April net railway operating in
come was s190,733. against net rail-
way operating income OF s9o8,587. In
four months net railway operating
deficit was 81 2,458,447, against net rail-
way operating income of s4,747,l26.
Baltimore g. Ohio R. R.-April net
railway operating income was s4s4,-
685, against S2,426.767 in April, 1887.
In four months net railway operating
income was s291,747. against So
488, ,72l.
Chicago, Burlington & Quincy R. R.
Deficit, four months ended April
80. was s2061,739 against net in
come of s881,616.
Delaware, Lackawanna d western
R. R.-April net railway operating in
come was $1s8,371, against sl,o92,853.
In four months net railway operating
income was $667 1854, against s2.616,502.
General Railway Signal Co.-Direc-
tors sof company took no action on
dividend on common stock which had
been receiving quarterly payments OF
Is cents a share for some time.
Great Northern Ry.-Deflcit, four
months ended April 30, was So,ooS,ool,
against deficit of $3,557,035.
New York, New Haven & Hartford
r. R.-Deficit, four months ended
April 80, was $4,8O6,112, against deficit
of $7SS,305.
Manhattan Railway Co.-Federal
Judge Patterson, New York, at hear
ing on application of Manhattan Rail
way Bondholders' Committee to sell
Sixth avenue line to the city, SAID ne