Evening star., 1936-08-03
AMERICAN
LOCOMOTIVE CUT
Six Months Deficit Drops to
$175,625, Compared to
$772,225 in 1885.
Hr the Associated Press.

NEW YORK, August 3.-Showing a
reduction in net operating loss to
sl75,625 from s772,22 in the first six
months of 1885, American Locomotive
Co. in the half-yearly report released
today disclosed large increase in un-
filled orders.
Bookings at July totaled So. .920, ,005,
compared with s4,262,937 on January
and $3,813,246 a year ago.
Orders for SO locomotives were on
books as Of July !, against 10 at the
start Of the year.
While stating that purchases Of en-
gines continue in small volume, Will
liam c. D4ckerman, president, said
progress Is being made in this respect.
which, together with the increasing
sales volume Of the subsidiaries, indi-
Gates that the final operations of the
company for the last half of this year
will show an improvement over the
first half"
For the six months net profit before
depreciation and Federal taxes was
$l25,444. against loss OF s460.735 in
the 1885 first half.
The company has plants at Sche-
nectady, Auburn and Dunkirk. N. Y:
Richmond, Va; LaGobe, Pa; Chicago
Heights. ILL.,; East st. Louis and
Montreal.
BarnsdaIl Oil Co.
Barnsdall Oil Co., midcontinent,
Texas and California producer, re-
ported June quarter net profit of So
274,974, equal TO SO cents share Of
capital stock. against $2.l3l. .090 or %
cents q share In the first quarter. As
of June /. 1885, the companys refln-
ing and marketing facilities were seq
regated and the shares distributed to
stockholders.
Houston Oil Co.
Houston Oil Co. of Texas and
wholly owned subsidiary. Houston
Pipe Line Co., disclosed June quarter
net profit of s123,86S with no pro-
vision for undistributed profits surtax,
equal to "a cents share of preferred
stock, in arrears on dividends. This
compared to S134,925 or SO cents a
share on the preferred in the preced-
ing quarter and Sl82,703 or 4 cents a
common share in the 1885 June quar-
ter.
Texas Gulf Producing.
Texas Gulf Producing Co., petro-
leum, reported net profit of s4l4,674
for the six months ended June 80,
equal to 46 cents share on the cap
ital stock, against s40S,l02 or As cents
a share in the first half of 1885.
Adams Mills Corp.
Adams-Millis Corp. hosiery manu-
facturers, with headquarters and
plants at High Point. N. c., reported
for six months ended June 80 con-
solidated net income of s1Ss,694 with
out provision for undiStributed profits
surtax, equal. after dividend require
ments on the preferred stock, to SO
cents a share of common, against
$282 1894 or $146 common share in
the like period last year.
Coca-Cola Co.
Coca-Cola Co., with plants in 13
cities throughout the country and
headquarters at Wilmington, Del, re-
ported for the June quarter net in
come after charges, Federal income
taxes and class "A" dividend require
ments, of $5,477,7o6, equal to s1.37 a
common share. In the preceding
quarter net income was s2,660.0 .067. or
| 66 cents a share. and in the 1885 June
quarter, $3,972,176, or 80 cents, based
on present outstanding shares. No
provision was made for undistributed
| profits tax.
Granite City Steel.
Granite City Steel Co. reported fol-
the quarter ended March 80 net in
come of s44,227, or IL cents share
against s61 1,217, or 16 cents in the
preceding quarter and s177.792, or 70
cents in the second quarter of 1885.
Hecla Mining Co.
Hecla Mining Co.. lead-silver-zint
producer, with headquarters at Wal
lace. Idaho. had June quarter net
profit of s183,436 before Federal in.
come taxes against $176,660 in pre-.
ceding quarter and $265 1852 in the
like 1885 period.
Utility Equities Corp.
Utility Equities Corp, an invest
ment company, reported as Of June sc
net asset value equal to $2.l5 share
OF common stock against 36 cents a
share on December 81 and $3.50 q
share of priority stock. with no asset
value for common, as Of June 80, 1885.