Evening star., 1935-07-23
CHRYSLER REVEALS
&.31 A SHARE NET.
Compares With $1.88 in
1934-s7,OOO,0OO to Be
Spent on Expansion.
BY the Associated Press.

NEW YORK. July 23.-Chrysler
Corp. announced that the profit for
the six months ended June 30 was
equal to s43l share Of capital stock
This was after a homecoming charge
of s1,507,525 premium on debentures
of Dodge Bros. called for redemption
In the 1884 first halt the profit
amounted to s188 a share.
For the quarter ended June 80 the
indicated net profit was S9496.127.
after taxes and charges, equivalent to
S2l9 a share. This compared with
s9.163,l82, or $212 a share in the
March quarter and s4.888. .234. or SLIP
share in the June quarter last year.
Sales Climb Sharply.
For the half year the corporation
reported sales of 1926. $50 1896 against
1921 .103,779 for the 1884 period.
The corporation announced that its
board approved expenditures of ST.
0o0.000 for rounding out facilities
and for plant conditioning and tools.
Walter p. Chrysler, jr., was elected
to the board.
Directors ordered an extra dividend
of 25 cents on the common stock. to-
gether with the regular quarterly div
idend of IS cents.
Both disbursements are payable
September 80 to stock of record Sep
tember 5. For the six months ended
June 30 the corporation and subsid-
iaries had a net profit of Sl8,659, ,309
after interest. depreciation and Fed
eral taxes. This compared with net
profit for the similar period last year
of S8,192,984.
General Foods Net Lags.
General Foods Corp. reports for the
first six months net profits. after all
charges and provisions for taxes. Of
So .862. .722, equal to Sill share on
the common stock. This compares
with s5.882.7l2 or s1l2 a share in the
same period a year ago. In the sec
ond quarter earnings we're equal to
a cents a common share against AZ
cents a share earned in the second
quarter in 1884.
| Du Pont Profits Down.
The semi-annual report of E. 1.
du Pont de Nemours g. Co. shows
earnings applicable to the common
stock in the first half OF 1895
amounted to sls,22O,0O9, or STA a
share on l1,051 ,662 average shares
outstanding.
This figure. which includes divid-
ends from the company's General
Motors investment equal to As cents
a share on Du Pont stock, compares
| with $20.572. .688. or S1.86 a share in
the same period a year ago, which
included earnings on the company's
investment in General Motors equal tc
As cents a Du Pont share. Figures for
| both periods include Du Points equity
in undivided profits or losses of con-
trolleo companies not consolidated.
In the second quarter earnings were
$9,847.276 or 80 cents share COM
pared with earnings equal to IS cents
a share in the first quarter. In both
periods the company's dividends
from General Motors was equal to
| 22L2 cents a Du Pont share.
Half-Year Total Shown.
Net income from operations in the
six-month period, after provision for
| depreciation and other charges had
been made. was S18,782.371. and in
1884 it was s17,692 ,557. Income from
investments totaled $6,349, ,675, against
SS,458,376 a year ago, after provision
| for taxes and interest on bonds of
subsidiary companies; net income for
the first half of 1885 was S22, ,450, ,485,
compared with s23,553,5s8 in 1884.
Total current assets were listed at
| sl2S, ,096,643. and current liabilities,
| s17,sl3,477 Current assets included
S23. .408, ,449 in cash and $33,e89,75 in
marketable securities. The company's
investment in 100000 shares Of
General Motors common stock was
carried at $162 ,0OO, 900. equal to $500
| q share.