Evening star. [volume] (Washington, D.C.) 1854-1972, 1938-08-20
CORPORATION
REPORTS

NEW YORK, Aug. 20.-The follow
ing is today's summary Of corporation
news, prepared by Standard Statistics
Co., Inc. New York:
Hawaiian Pineapple Co., Ltd.-Com-
mon share earnings. year ended May
81, were 81 SO, against So OF before sur
tax in preceding year.
Nehigh Corp.-Common share earn
ings. six months ended June 80, were
$140, against $l.78.
Cooper Bessemer Corp. - Company
has posted notice that because of linn
tied orders operations at Mount YER
non. Ohio, plant will be suspended
September /, all work being done at
Grove City plant.
National Rubber Machinery CO.
Common share earnings, six months
ended June 80, were 81 cents.
Silver King Coalition Mines Co.
Common share earnings before deple-
ton, six months ended June 80, were
2 cents, against SO cents.
Chesebrough Manufacturing Co.,
solidated-Declared an extra divi-
dend Of so cents share and regular
quarterly dividend of 81 a share on
common stock, payable September 26
to holders of record September g. On
June 81. 1888. similar extra dividend
was distributed on this issue.
Pacific Can Co-Common share
earnings, IL months ended June 30,
were 81 cents. against 10 cents.
Mid-Continent Petroleum Corp
Common share earnings, six months
ended June 80. were Sc cents, against
S166.
Baltimore & Ohio R. R.-Deficit,
six months ended June 30, was SILL
TAI, 308, against net income of $11,-
1855.
Louisville g. Nashville r. R.-Deficit,
six months ended June 80, was S1,125,-
303. against net income Of $685. 900.
New York, Chicago e. st. Louis r.
R-Deflcit. seven months ended July
81. was s2,062,1l3, against net income
of s1,510,936.
Pittsburgh g. West Virginia Ry.-
I. c. c. authorized this company to
pledge and repledge up to June 80.
1910, as collateral security for out
standing notes s3,576. 900 of first mort
gage bonds, series D. and $8,047, 900
Of general mortgage per cent bonds.
Southern Railway Co.-Deficit, six
months ended June 80, was $780,
642. against net income of 81. 1922. 1879.
American Wooden Co.-Plants OF
company are reported operating at so
per cent of capacity. against low of
20 per cent this year.
Wentworth Manufacturing Co.-July
quarter common share earnings be-
fore Federal taxes were II cents,
against l mill.
Connecticut Light g. Power Co.
Common share earnings, IL months
ended July 81. were 1910, against
S3.43.
Federal Light & Traction Cocoon
mon share earnings. six months ended
June 30, were 81. against s1.34.
Manhattan Railway Co.-Receiver
for Manhattan Railway Co. filed an
appeal in United States Circuit Court
of Appeals. New York, from decision
of Federal Judge Patterson permitting
the receiver for marlborough Rapid
Transit Co. to abandon the 999-year
lease and operation of trains on Man
hattan's elevated lines. Appeal papers
included an assignment of errors, in
which 1t was contended that Judge
Patterson had erred in deciding that
I. R. T. need not have trackage rights
on elevated lines in order to perform
its contractual obligations to city of
New York.
Middle West Corp-Common share
earnings, six months ended June 80,
were % cents. against Is cents.
Hupp Motor Car Corp.-It is said
this company is expected to promul-
gate shortly the details Of re-
financing plan, which might involve
sale of unused plant and equipment
and OF additional treasury stock. As
of June 80, 1898, there were 96.731
shares held in treasury.
Union Carbide g. Carbon Corp
Work has been resumed on construc-
ton of $1,500,000 plant of Linde Air
Products Co., subsidiary, in Tona-
wanda, N. Y. About 80 per cent of
work on entire plant was completed
when building was halted November,
1887.
Westinghouse Air Brake Co.-July
net income was $662,4l8. after taxes
and charges, against $7l4.865 in June
and $685. 06 in May. 1888. 1ndica-
tons are that margin of profit has
shown an increase because of better
control over expenses.