Evening star., 1937-07-28
CRANE CO. EARNS
$9,944,354 PROFIT
Years Net Compares With
S5,802,179 Recorded ip
Preceding Period.
By the Associated Press.

NEW YORK, July 28.-Crane c.
Cnlcago, maker of valves and steam
nttlngs, reported consolidated net
profit for the II months ended juno
80 Of $9,944 1854 before Federal slrtax.
equal to 1913 a common share In
the year ended December 81. 1886. the
company reported net profit of $780,.
4i9, or s2.O4 a common share.
Philadelphia Electric.
Philadelphia Electric Co. system
reported balance for the u months
ended June 80 of S2O052,565 after
subsidiary preferred and parent COM
panys preferred dividends, compared
with Sl9,3755s6 in the same period
last year. June quarter balance, after
preferred dividends, was s4,938,l6e,
against S4,748,827 in the June, 1885,
quarter.
Hupp Motor Car.
Hupp Motor Car Corp, Detroit. re.
ported consolidated net loss for the
quarter ended June 80 of s2l2.24l,
compared with a net loss of s2l3,5os
IN the June quarter of 1886.
Hinde & Dauch.
HLnde d DauCh Paper Co., Sam
duSky. Ohio. maker Of fiber boxes and
packing material. reported consolidated
net profit for the six months ended
June 80 OF S809,006 after undlstributed
profits tax, equal to s197 a common
share, compared with S563,365, or
sl.27 common share, in the like
1886 period.
Niagara Share Corn,
Niagara Share Corp. Of MARYLAND
and subsidiary companies, an invest
ment firm, reported net assets as Of
June 80 equal TO S3,542 for each S.. 600
debenture, 1851 for each share of class
preferred stock and sl772 for
each share of class b common stock.
This compared with net asset values
on June 80 last year Of s3.427 for each
81 600 debenture, 1919 for each class
+ preferred share and sl6.64 for
each class b common share.
Standard Cap e. Seal.
Consolidated net income Of Stand.
ard Cap d Seal Corp. for the six
months ended June 80 was reported
at s384,474 after allowing for dividend
requirements Of convertible preferred
stock, equal to 81 40 share on 2l3..
2l7 common shares outstanding This
compares with net income of 1899 GOA
IN the same period last year Compare.
tive per share earnings are unavail-
able due to changes in capitalization
during the period.
Paramount Pictures.
Paramount Pictures. Inc. estimat-
ed consolidated net earnings for the
second quarter ended July 3 at ST..
',OOO, equal after preferred div-
dend requirements to Al cents a share
on the common. In the second quar-.
Ter last year there was loss of s477,.
4ol. The current figures did not in.
clude $4,000 representing Para.
mounts share in undistributed earn
ings OF partlyoWned non consolidated
subsidiaries
Inland Steel,
Inland Steel Co., Chicago. reported
net profit for the quarter ended luna
81 OF S3,l7S363, after interest, de.
preciation depletion estimated normal
Federal income taxes; but before Fed.
eral surtax, equal TO s202 a common
share. This compared with s3,2es.lsl.
or S229 a share, IN the like 1896 quar-.
ter.
Superior Steel.
Superior Steel Corp. Pittsburgh. re-
ported net profit for the quarter ended
June 30 of sl20.648 after deprecia-
ton, interest, Federal income taxes,
etc, equal to sl05 a share, against
s58726. or 50 cents a share. in the
June quarter of 1885.
BlawKnox Co.
Blaw-Knox Co.. Pittsburgh. fabrca-
tor of specially steel products. re-
ported net profit for the six months
ended June 80 Of sl.2955l3, after
charges and Federal income taxes. but
before Federal surtax equal to 81 cents
share. This compared with s675.-
293 or 81 cents a share in the first
half of 1886.