Evening star., 1936-07-29
UTILITY EARNINGS
UP SUBSTANTIALLY.
Commonwealth & Southern
Reports $5,915,786 in
First Half of 1896.

By the Associated Press.
NEW YORK. July 2s-Common-
wealth & Southern Corp. utility hold
ing company. reported for the first
half net income of s5.sl5.786. equal.
after preferred dividends. to 4 cents
a common share. In the like 1888
period net was S4,733,4 AIS, or less than
/ cent a share.
National Gypsum Co.
National Gypsum Co. reported for
the first bali net profit Of $4OS,382.
before undistributed profits tax,
against $2Ss.045 In the same 1885
period. After preferred dividends
and under the participating pro-
visions of the common, the earnings
for the combined "A" and "B" stocks
equaled SLIP share. Per-share
earnings in the first half of 1885 are
not comparable.
Continental Oil.
Continental OIL Co. reported for
the June quarter net income of $2,-
24l,746, equal to 48 cents share,
against $2,l14,52l, or IS cents. in the
preceding quarter, and $2,192,889. or
AZ cents, In the 1895 second quarter.
Yellow Truck & Coach.
Yellow Truck 81 Coach Manufactur-
ing Co., Pontiac, Mich, controlled by
General Motors Corp. for che ldarter
ended June 80 had net profit of
81 1888 ,389, equal after preferred civil
dend requirements to So cents on the
combined class "B" and common
stocks. In the same period last year
profit was $432,3ll. or 8 cents a share,
on the combined stocks.
Melville Shoe Corp.
Melville Shoe Corp. and subsidiar-
les reported for the six months ended
June 80 net income of $l,409.715.
equal after dividends on preferred
stock to $3.50 o share on the COM
mon. For the year ended December
81, 1885, net income was $2,0l3,4l2,
or $500 a common share.
Hupp Motor Car.
Hupp Motor Car Co., Detroit, re-
ported for the quarter ended June
80 net loss of $2l3,586 after taxes, de-
probation, idle-plant expense and
other charges. against net loss OF
81, ,4O2, ,202 in the 1885 June quarter
American Ice Co.
American Ice Co. and subsidiaries,
distributors OF ice, coal and fuel oil.
reported June quarter net profit OF
Sll4,902. against loss OF s43,366 for
the like period last year.
Associated G. e. E.
In its final report for 1885, Associ-
ated Gas g. Electric Corp. reports
operating income Of $32,442,383 after
expenses, taxes and provision for re-
tirements, but not including nom
recurring expenses. The report shows
operating income in the first five
months Of 1885 increased $l,22o,l19
over the 1885 period to total Of
s33,662,50 for the IL months ended
May 81, this year. The report shows
gross operating revenues Of $1o6,-
9O4,s ,s42 for the year 1885. compared
with sl03,35o,lo5 for 1884. Gross for
the IL months ended May 81 was
s109,634. .405.
Hershey Chocolate.
The Hershey Chocolate Co. reported
a decline in profits in the three
months ended June 30. Net income
of the parent company and subsidi-
aries in the June quarter was $685.
1874, equal to SO cents share on the
common stock. This compared with
sl,2ls,6s6 in the preceding quarter,
and ssl5,556 in the second quarter
last year. For the half year net in
come Of sl,880,82o was indicated
compared with s2,422,l25 in the like
1885 period.
Boeing Airplane.
The Boeing Airplane Co. reported
for the second quarter net income Of
sl33,9S2, equal to Is cents a share
on capital stock and scrip certificates,
in contrast with a net loss of S224,-
$50 in the comparable period last
year. No provision was made for the
Federal tax on undstributed earnings