Evening star. [volume] (Washington, D.C.) 1854-1972, 1936-10-29
|. B. NJ. NET HITS
Sl,9D6,4O5 MARK
Quarters Total Compares
With $1,756,729 for
Same 1885 Period.
BY the Associated Press.

BY tne ASSoCldCeQ FIesS.
NEW YORK, October 2s.-Interna-
tional Business Machines Corp. re-
port for the third quarter indicated
consolidated net income of Sl,906, 405
before undistributed profits tax, equal
to $3.50 a common share. This COM
pared with 81 ,942 $50, or S263 in the
preceding quarter and S1,756, 1923. or
s2.45 a share on a slightly smaller
number Of outstanding shares in the
like 1885 period.
For the nine months ended Sep
TENDER 80 net income totaled $685.
406. or SITS common share. against
S5,3O4,8 44, or S7.39 share on slightly
fewer shares a year ago. 1t was the
best nine months in the company's
history The company's domestic
plants are at Endicott and Rochester,
N. Y. and Washington.
G. A. Transportation Corp.
General American Transportation
Corp. reported for the nine months
ended September 30 net income of
s2,059,917, equal to s202 a common
share on 1,017,603 outstanding shares.
This compares with Sl,449,325. or
SLIT a share on 8l8,203 shares year
ago.
For the September quarter earnings
totaled S1.029. 1923, or S1.01 a share,
against S504.56o, or 81 cents on the
then outstanding stock. The COM
pany's subsidiaries manufacture. re-
pair and sell various types Of freight
cars.
International Printing Ink.
International Printing Ink Corp.
reported for the third quarter net in
come of $375,613, equal TO 90 cents
a common share, against $342, $40, or
SO cents, in the preceding quarter
and S285,4l1, or 70 cents, in the
like 1885 period.
Spencer Kellogg & Sons.
Spencer Kellogg e. Sons reported
for the fiscal year ended August 20
net income of s1.310.860. equal to
S2.62 a common share. against ST.
1885, or 1922 in the preceding
fiscal period. The company manu-
features oils, vegetable, cocoanut and
chinaWood.
American Radiator.
American Radiator IL Standard
Sanitary Corp, with plants in East
ern and Western States, reported
net income Of s5,476.339 for the II
months ended September 80, equal to
81 cents a common share. This COM
pared with $4,375.118, or 40 cents
a share for the IL months ended
June 80. No comparison with the u
months year ago was given.
Air Reduction Co.
Air Reduction Co. reported net in
come for the third quarter of ST.
939, 1885. equal to rs cents share on
1882 ,o65 shares of capital stock out
standing at the end Of that period.
This compared with net income of
Sl,387,454 in the like period of 1885,
equal to s166 a share on 835, 563
shares outstanding at that time, or
IS cents a share on the new stock.
The company is chemical producer.
Otis Elevator Co.
Otis Elevator Co. earned 68 cents a
share on common stock for the nine
months ended September 30, against
cents a share for the like period
last year. Profits were s1,657,295,
compared with s479,752. For the
September 80 quarter indicated net
profit was S722.486 or 81 cents a
share, against S512,3 1928, or 81 cents a
share, in preceding quarter and $685.
062, or Is cents share, in the 1885
period.
Consolidation Coal.
Consolidation Coal Co., Inc, with
producing properties in Maryland, West
Virginia, Kentucky and Pennsylvania
reported for nine months ended Sep
TENDER 80 profit Of SOL 1886 after in
terest on per cent secured notes ano
loans, and other charges, including
excess profits taxes of subsidiary COM
panies only, but exclusive of Federal
income tax and Surtax Of parent COM
pany.
This profit included $100,255 from
wholly owned subsidiaries, the capital
stocks of which are pledged, but is
without provision for interest on the
company's 25-year per cent sinking
fund bonds, which is charged to profit
and loss accounts. For quarter ended
September 80 profit was s579. No COM
nariSOnS are available