Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-08-01
Company Reports

NEW YORK, August i Opl.--Ameri-
can Railway Express Co. reports net
income OF S5a73IS for the first Eve
months Of 1928 against So20af9 in the
previous corresponding period. Gross
revenues declined to $iii5ol asa from
SifsSo5.Ss4. Total income was Sii3.-
59I.e37 against sf16 ,44a,sls a year ago.
Net income for MAY was sIs6.54a
against slS3.s54 in May. 1927.
Net profit Of se7s.32s before denre-
CATION ana interest and final profit of
Si62.T44 after all charges are reported
6r Servel. Inc.. refrigsrators, for the
first half Of 1928. Ths old afiliated
SsrVel companies we're organized jan
usrT ]. after a preparation period of
% days was taken 10 bring the new
oorr in.o production. Sales for
the half year were S4.55o.os7 and
s2,3oT.I45 were in the second quarter,
ate the new business started Cash
On hand June so vas Sil52. 1853: cur
rent assef i, SS.455,7 1855. ano current liza
hiiitiss. 1901 .ss5
American Light & Traction Co.
earned kl325 share or the common
stock in the wear ended June 80, against
sii-s6 the year before. Gross and net
earnings. including subsidiaries. were
new high records
Operztinr revenues Of subsidiaries
were s5S.656.763, an increase of S2.5T6.-
AS. while balance applicable TO Amer
lean Light & Traction was s6,328.o55, .
gain Of si.l35,5sT after setting aside
s209i,25s for depreciation and retire
rnents.
The Bigelow- Hartford Carpet Co. re-
ports net profit Of s2s5.59 for the half
year, equal tn s375 share on the COM
mon, sfter preferred dividends This
compares with sa7s s64 or So q share.
on the common year ago. Cash and
Liberty bonds on June 80 amounted to
s2,5SS.32l. Inventories were reduced 10
&s,a3T. $40 from s7i6l,355 q year ago
Ellery ". Mann, president of zonite
Products Corporation, reports net earn
ings fer the year ended June 80 in
creased about 30 per cent The regular
quarterly dividend OF Is cents a share
vas declared, payable August Is Divi-
bends are now being paid on 10000
shares Of common compared with I44,-
600 shares outstanding before the recent
acquisition OF the Asnlel Corporation.
Commercial Credit Co. and subsidiaries
increased net income for the half year
n 81 500 .3e5 from s6eo.2e9 In the first
falf Of 1927. equivalent To Si54 a share
IN the common. after preferred 6ivi-
6en6s against Is cents a share a year
sgo.
Consolidated Cigar Corporation in
creased its net profit for the half year
70 1882 500 from 81 gao sI4 in the first
hsif Of 1927.
Consolidated Gas. Electric Light 4
Fewer Co. of Baltimore earned S291 a.
share on the common after preferred
DIVIDENDS. In the first half Of 1925.
against s2.l3 share in the first half
Of 1927 Me- income moved ID 70
s3.242,s4S from S2.sis,l79.
The mccall Corporation earned s3.s2
snare IN the half year. against 1903
In The nrst half Of 1927. Net income
rose n s930l22 from $500, $40
Novadel Process Corporation. Buffalo.
reports net profit u s226,5 for the
half year. equal t. 81 30 on the com
mon, after preferred dividends. against
A5z.Sz5 year ego, and sl54 on the
common.
Julius KaySer & Co. earned ss0T .
Ensfe or the common stock In the year
ended June 20 after employees preferred
dividends s2ajnst 1913 a share The
year before The preferred stock as re-
TIRED N April 1927. net income was
81 ioS sel. against 81 ,722.I30.
Net income ~ me Wsbash Railwag
tof the hsli wear advanced 10 81 s21 5s4
eq1sl after preferred dividends 20 10
cents snare IN the common This
compare with ST 409.ei0 in the FIRST
hall 81 1927 or s20z share on the
prefsrrec A. stock ofig