Evening star., 1936-04-24
$7,5D2,393 EARNED
BY UNION CARBIDE
First Quarters Net Equals
SO Cents a Share, Against
So Year Ago.
BY the Associated Press.

BY the Associated Press.
NEW YORK, April 24.-Union Car
bide & Carbon Corp. reports net
income in the first quarter Of $780,
1893. equal to 80 cents a share on the
capital stock, compared with $5,293,-
629. or So cents share, in the first
quarter of 1885. Earnings this year
were the best in any first quarter
period in the company's history. The
reported net income for the IL months
ended March 81 amounted to 9,463,-
012, equal to 1927 q share, compared
with approximately s2l,l51,746. or
$2.35 a share. in the IL months ended
on the same date a year earlier.
Texas Gulf Sulphur.
Texas Gulf Sulphus Corp, with pro-
ducing mines in Texas. reports for the
March quarter net income of S2,149,-
018, equal to 56 cents a share on the
capital stock, compared with $780,
1863, or 40 cents a share, ir the first
quarter of 1885.
Loews, Inc.
Loews, Inc, operators Of motion pic
ture theaters, reports for % weeks
ended March IL net profit of $685.
o38, equal to $304 a share on the
common stock, compared with $4,345.-
337. or $2.64 a share, in the same
period last year.
Baldwin Locomotive.
Baldwin Locomotive Works and sub
sidiaries, Philadelphia, reported today
net loss Of $2,334,375 for the IL
months ended March 81, against net
loss of s3,226,1s6 for the IL months
ended March 81, 1885.
Electric Auto-Lite.
Electric Auto-Lite Co.. Toledo, re-
ported March quarter net income of
s852.5l5, equivalent after dividends on
the preferred stock to 65 cents a share
on the common, against $685., ,675 or
So cents share in the March quarter
last year.
California Packing.
California Packing Co. reported for
the year ended February 20, net in
come Of s2,542,248, equal to $3.50 a
share on the capital stock, against
s3.240, ,704 or 1886 a share in the pre-
ceding year.
Yale & Towne.
Yale & Towne Manufacturing Co.
reported net profit Of s170,903 for the
quarter ended March 81, against net
loss Of s9.676 for the 1885 quarter.
Lehigh Coal & Navigation.
Lehigh Coal g. Navigation Co., in
vestment holding company. reported
for the II months ended March 81,
consolidated net income of s352,01l,
equal to 18 cents share on the cap
ital stock, against $569, All or 90 cents
share for the IL months ended
March 81, 1885.
Paramount Pictures.
Paramount Pictures, Inc, reported
net profit, after charges, of s3,153,-
1877 for the year 1885. This is the first
annual report made by the corpora
ton since its reorganization. which
was confirmed in Federal District
Court in New York in April, 1885.
The report showed that q special in
ventory reserve of S2,500,000 was set
up to cover picture inventories in 1885
The surplus since January !, 1885,
was reported at s653,l67.
Illinois Bell Telephone.
The Illinois Bell Telephone Co. re-
ported first quarter net income Of
$2,930, $50 compared with s1,838, 1924 in
the corresponding period last year.
The net for the 1886 period was s69,-
370 short of the 100000 in divi-
dends paid during the quarter.
Spiegel, May. Stern.
Spiegel, May, Stern Co., Inc, Chi
cago mail order merchandising con-
cern, reported for the March quarter
net profit of s449,934, equal after
preferred stock dividends to S1.52 a
share on the common stock, against
$292,145, or $1.29 a share in the
March quarter last year.
Van Raalte Co.
Van Raalte Co.. Inc, manufacturers
of silks, with mills in New York and
New Jersey. reported net income Of
$223,350 for the March quarter, equal
after preferred dividend requirements
to $149 a share on the common
stock. against $170.473, or $1.08 q
share in the March quarter last year.
Lambert Co.
Lambert Co., holding concern for
the Lambert Pharmacal Co., which has
laboratories at st. Louis, Jersey City
and abroad, reported for the quarter
ended March 81 consolidated net
profit Of $380,885, equivalent to 81
cents share Of the capital stock,
against $567.552, or 76 cents q share
In the first quarter last year.
U. S. Gypsum Co.
CHICAGO, April "a (R.-The United
States Gypsum Co. and subsidiaries
reported first-quarter consolidated net
profit of S436,617, equivalent to rs