Evening star., 1936-08-06
UN|TEDDRUGNETS
$284,687 PROFIT
Total for June Quarter Com
pared to $131,658 in
1885 Period.
Bv the Associated Press.

JQI Gu " VIOI ,VJO III
1885 Period.
By the Associated Press.
NEW YORK, August 6.-United
Drug, Inc, reported for the June
quarter net profit Of S284,687. equal
to 20 cents share on the capital
stock. In the preceding quarter profit
was $392,153, exclusive of non-re-
curing profit Of $3.50 from sale of
Boots Pure Drug Co. stock, or %
cents a share, while In the June
quarter last year 1t was $131,658. or
8 cents share.
Marlin Rockwell.
Marlin Rockwell Corp, manufac-
turers Of ball bearings and other equip
ment, reported for the quarter ended
June 30 net profit Of $337,364, equal to
SO cents a share Of capital stock,
against $245,063, or 72 cents a share
in the preceding quarter and $19l 1851,
or 56 cents share in the like 1885
period.
Pennsylvania Salt.
Pennsylvania Salt Manufacturing
Co., with plants at Philadelphia, Ma
trona, Pa; Wyandotte and Menominee,
Mich; Tacoma. Wash, and Pennyan.
N Y, reported for the IL months
ended June 80 net profit of 1925 ,645,
equal to $87.57 a share on the cap
ital stock, against 1891 ,O86, or $594 a
share in the preceding IL months.
Flintkote Co.
Fintkote Co., manufacturers of as
phalt and related products, with
plants in widely separated parts of
the country, reports for IS periods
ended July 18 net income Of 1885,
245, compared with $1,172,386 in the
same period Of 1895.
Associated G. & E.
Associated Gas & Electric Co., con-
trolling operating utilities in widely
separated sections of the country, re-
ported a balance of $1,1s6,282 IN the
IL months ended June 80 after ordi-
nary charges but before provision for
"nonrecurring" expense item of
s2,918,332. This compared with a
balance of s663,703 after ordinary
charges but before provision for a
similar item of s2,557,740 in the pre-
ceding IL months.
The homecoming" expenses were
listed by the company as incidental to
recapitalization, opposition to the
Wheeler-Rayburn bill. investigations,
legal cases and other causes during
the periods.
Ohio Oil Co.
Ohio Oil Co.. with producing prop
critics in the Midwest, Southwest and
Far West and headquarters at Find
lay, Ohio, reported for the first half
net income of S4,476,564, before un-
distributed profits tax, equal after pre-
ferred dividends of AZ cents a COM
mon share. This compares with ST.
334,804. or 10 cents a share in the
same 1885 period.
Graham Paige Motors.
Graham-Paige Motors Corp, with
plants in Michigan. Indiana, Illinois
and Florida. reported for the June
quarter net loss of S30,408, not in
cluding miscellaneous homecoming
income of s120,295 credited directly to
surplus. This compares with net
losses of S186,240 in the preceding
quarter and s311, ,224 in the like 1885
period.
American Woolen.
oe;4 r.
woolen fabric and yarn producer in
the United States, with principal
plants in New England States, re-
ported net profit of s1,o98,162 for the
first half, against s501 ,015 in the like
1885 period. Earnings were equal to
s2.86 share on the Z per cent pre-
ferred, against Sl.31 a year ago. At
June 80 arrearages on the preferred
totaled s6O.25.
Superheater Co.
Superheater Co. reported for the
June quarter net income, before I'M
distributed profits tax. of S408,953,
equal to As cents a common share.
This compares with S263.644. or 80
cents, in the preceding quarter and
S208, ,697, or "a cents, in the like 1885
period.
Mead Corp.
Mead Corp, manufacturer Of paper
and paper board, reported for the
"a weeks ended June 13 net income
of s404, 4,442, equal to SO cents a COM
mon share, against s261,129, or A
cents, in the same 1885 period.
Electric Power & Light.
Electric Power & Light Co., serving
large areas in the Middle West with
electricity aud gas. reported for the
June quarter net income, before un-
distributed profits tax, of Sl,289, ,084,
equal after dividend requirements on
the 81 and Sc cumulative preferred
stocks to z cents a share on the 81
second preferred. This compares with
a net loss of S843,857 in the like 1885
period.
Canada Dry.
Canada Dry Ginger Ale, Inc, with
plants in Canada, New York, MasSa-
chusetts, Illinois and California, re-
ported for the June quarter net loss
of S22,555, compared with net losses
of S177,088 in the March period and
s85 $40 in the June, 1885, quarter. r.
w. Moore, president, said new price
schedules and adjustments on floor
stock cost the company $333,000. "all
of which was charged to current oper-
ations."