The Washington times., 1930-08-19
REPUBLIC Steel
Nets S285,472
SINCE APRIL

ICPOAv va VIC ksSPuphS 0SSSA WI
poration since 1t was incorporated
as consolidation Of four com.
panies on April 8, T. M. Girdler,
chairman of the company, stated
that indications Of some improve
ment in the iron and steel indus
try had appeared.
Net profits, after all charges
but before bond interest, were
$1,171, ,465 for the three months
ended June 80. Net availble for
dividends, after interest charges
OF $685., ,993, amounted to $285. .472.
During the quarter the corpora
ton deducted $3,146,272 for main.
tenance and repairs of plants and
$l,8S3,984 for depreciation, re-
newal and exhaustion of minerals.
Electric SharehOlding Corp
Six months ended June 80
net income, $2,264,530. Com
pany states value OF net assets
on June 80 based on closing mar
ket prices, was $50,906,42 rep
resented by 195,500 shares.
. Preferred stock and 1,516,202
To-par common shares. Such
valuation at June 80 was equiva-
dent to $260.39 a share on the
outstanding no-par $6 preferred
stock against $247.21 on Decenl-
Der 81, 1929. and $193.94 based
on total capital paid,in for stock
at organization. After deducting
from such valuation Of assets
stated value of 500 a share Of
preferred stock outstanding the
balance amounted to $20.63 per
share on common stock.
Mexican SeabOard Oil Com.
pany and subsidiaries, including
Cia International De Petroleo Y
Oleoductos, S. A., second quarter
earnings % cents share on l.
244,383 shares against % cents
share in preceding quarter and
loss excluding international Com
pany of $11,456 after interest,
drilling expenses, ETC.; but be-
fore depletion in like 1929 quar-
ter; 6 months As cents share
against profit excluding Inter
nacional Company Of $14,489 be-
fore depletion in first half OF
1929.
General Alloys Co. - For. six
months ended June 80, net profit,
$76,043, equal to 66 cents a share
on 100 900 no par common shares,
against $50 $50, or so cents share
in first half of 1929.
General Asphalt CO.-Six
months ended June 80 net profit
$2O6, $50 equal to so cents q share
on 413,333 no-par common shares
including IS, 1899 shs res Of old 500
par value common stock not yet
exchanged and IS shares repre-
sented by voting trust certificates
not yet exchanged. This compares
with net profit in first half OF
1929 of $461,76O equal to $1.41 a
share on 210,614 common shares.
TelautOgraph Corp. - seven
months ended July 81 net profit
$2O3 ,376 equal to 88 cents share
on 228,76O no-par common shares
against $187,244 or 8" cents
share in the first seven months OF
1929; July net profit $3O,36S,
against $28,700 in July 1929.
Duplan Silk COrp.-Twelve
months ended May 81 conSoli-
dated net profit $1,243,945. eqniva-
lent to $2.56 a share on the $780,.
90 no-par shares of ComnlUh
stock, compared with net profit
of $1,24O,54O, equal to $248 a
share on the common stock, IN
the preceding fiscal year. Net
sales $19.762,125, a record for the
postwar period. comparing with
S17,619,950 in the preceding fiscal
year, and $19,572,208 in the year
ended May 81, 1925, the previous
high record.
HazeItine Corporation - Six
months ended June 80 net income
$344,262 after provision for Fed
eral income tax and allowance
for uncollected royalties, but be-
fore provision for amortization of
patents, equivalent to $l.96 a
share on the 175,000 shares out
standing of no par, compared
with net income of $90,581 be-
fore provision for amortization
of patents, equal to 81 cents a
share, in the 1929 period.
Coty, Inc. - Quarter ended
June 80 net income $1S5,226,
equal to IL cents a share on L.
492,655 no-par shares, against
$918,243, or 81 cents share on
1892, ,655 shares in preceding quar-
ter and $776.O68, or 81 cents a
share on 49,O45 shares in June,
1929, quarter. Six months net in
come $1,1O3,4 equal to "a cents
a share on 1,492,655 shares,
against $1,945.813, or $1.44 a
share on 1,349,045 shares in first
half 1929. Nineteen thirty earn,
ingS do not reflect any equity in
earnings on stock owned by Coty.
Inc, in foreign subsidiaries ex-
cept dividends received.
PhillipS-JOnes COrpOratiOl-Six
months ended June 80: Net in
come decreased to $110,325. equiv
alent to SO cents a share on
$4,000 no-par common shares,
from $234,O18. or $2.O2 a share,
in first half of 1929.
Republic Stamping and Enam.
cling CO.-Earnings year ended
May 8. 11s a share against $2.38
May 81, $2.18 a share against
O2.3S a share in preceding year.
United National Corporation
Year ended June 80: Net profit
$1,653,914 equal to $3.11 q share
on the combined participating
Vorafarence and common stock