Evening star., 1936-10-22
REPUBLIC STEEL
EARNINGS JUMP

TIUIil IVi NHiC "Vi'tiio
Nearly Double Total for
1885 Period.
b the Associated Press.
NEW YORK, october 22.-Proits Of
the Republic Steel Corp. Of Cleveland
for the nine months ended September
80 were almost double those reported
for the like period last year. it was
revealed In a registration statement
filed with the Securities and Exchange
Commission.
Net income Of the corporation and
subsidiaries was $6.333,s4s. equal after
dividend requirements on preferred
stock to $1.10 share Of common.
For the nine months ended September
30. 1885, the indicated net profit was
s3,264,2s5.
Union Carbide.
Union Carbide 81 Carbon Corp, with
plants throughout the United States
and Canada and foreign countries. re-
ported for the quarter ended Septem-
ber 80 net income of $S.l11 1897. equal
to 90 cents a share, and in the Sep
tember, 1885. quarter to 6S cents a
share.
Magma Copper.
Magma Copper Co.. with properties
in Arizona, reported for the nine
months ended September 80 net earn
ings of $685. ,124, without allowance for
undistributed profits. surtax and mine
depletion. For the same period last
year earnings were s4l7,021 after de-
probation but before normal Federal
taxes and depletion.
Plymouth Oil Co.
Plymouth Oil Co.. with headquarters
at Pittsburgh, and properties in Penn
sylvania and the midcontinent district,
reported for quarter ended September
80 net income of s44s,143. equal to 43
cents a share of capital stock, against
$685. 1894. or 20 cents share, in the
same quarter last year.
Motor Products Corp.
Motor Products Corp. Detroit, re-
ported net income Of s152.346 for the
quarter ended September 80. equal to
80 cents a share of common. against
s531, ,423. or Sl.36 share, in preced-
ing quarter, and S25,589. or 6 cents a
share in the same period last year.
Apex Electrical.
Apex Electrical Manufacturing Co.,
Cleveland, reported net income for
the September quarter amounted to
sl80.416, equal to sl.88 a share of
common, compared with s8l $50. or
rs cents a share, in the comparable
quarter last year.
Midland Steel.
Midland Steel Products Core
ported net profit Of s262.188. without
provision for undistributed profits
surtax, for the September 80 quarter
This was equal. after allowing for
dividend requirements on the preferred
and So non-cumulative stocks to 1s
cents share on the common For the
June quarter profit was s626,743 OF
sl.73 a common share, and in the
September quarter last year it was
s89.s11. or "a cents a share on the
per cent preferred.
Cleveland Cliffs Iron.
Cleveland Cliffs Iron Co.-Reportec
for the nine months ended September
80 net income of s2.o22.1s6, or Al cent,
share on the common stock, against
S9ll,435, or Sl.87 a share on the s5
preferred stock in the 1885 period.
The latter figure included $2ll.979
profit from land sales.
Mcintyre Porcupine.
Mcintyre Porcupine Mines, Ltd
Reported for quarter ended September
80 net profit of s979 .4o3. equal to s1.23
a share of capital stock, against $780,
O16, or s1.01 a share in the preceding
quarter and s918,463, or s1.l5 a share
in the September. 1885 quarter.
Midland Steel.
CLEVELAND, october % P).-
Midland Steel Products Co.. in Its
statement of earnings for the first
nine months Of 1886, reported a net
profit of 1929, ,657 after all charges
This figure compares with s743,3l1
net profit for the first nine months oi
1885, E. J. Kulas. president, said
Earnings for the three months ended
September 80. were placed at 1852 ,188
and for the six months preceding
that period at 81 l,037 ,468.