Evening star., 1937-04-28
SEARS D|SCL0SES
HUGE SALES GAIN
Volume for Third Period
Climbs 20.5 Per Cent
Above Year Ago.
By the Associated Press

By the Associated Press
CHICAGO. April 28-Sears, Roe.
buck g. Co. reported today gross sales
for the third period, from March 27
to April %, totaled s43,412 493, an
increase Of 20.5 per cent, compared
with the corresponding 1885 period.
Sales for the fiscal year, from Jan.
uary 30 to April %, totaled sll4,.
3l3,225, an increase of 1876 per cent,
compared with the corresponding 1895
period.
Both figures established new records
for the company.
Gulf Oil Corp.
Gulf Oil Corp. and wholly-owned
subsidiaries in a report for 1886 showed
net profit Of 1886 DOB, against So
55l, ,720 in 1885. The profits we're
equal to $3.50 a share on 9,O76,202
shares outstanding after payment Of
the 100 per cent stock dividend. This
compared with S116 share earned
In 1885 on the same basis.
Wheeling Steel Co.
Wheeling Steel Corp. and subeid-
iaries reported March quarter net
profit Of $l,308.s07 equal after s per
cent preferred dividend requirements
to Sl89 share on common stock.
This compared with Sl0,922, or 3
cents a share on preferred stock, in
March quarter last year. There is an
accumulation OF unpaid dividends on
the preferred
Standard Brands.
Standard Brands, Inc, food process
sors and distributors, reported net in
come for the quarter ended March 81
of $685. 492, before undistributed
profits surtax, equal after preferred
dividend requirements to cents a
share on the common stock. This
compares with s3,793,542, or % cents
share, in the corresponding period
OF last year.
Paramount Pictures.
Paramount Pictures, Inc, in a
report for the fifty-three weeks
ended January 2, showed net prof.
it from operations of s3889,Olo.
This was after charges, including
subsidiary preferred dividends, but ex-
elusive of special inventory reserve and
profit on sale of debentures. This
compared with profit Of s3l53,167 for
the year ended December %, 1885.
United Corp.
United Corp. a utility investment
company, reported for the three
months ended March 81 net income
after taxes and expenses totalins
s2,163.793, compared with S2,O7l9
in the first quarter last year After
allowing for dividends on the SO pref
erence stock, there was balance Of
S297,273.
Yellow Truck.
Yellow Truck & Coach Manufac-
turing Co., controlled by General Mo-
tors Corp, reported March quarter
net profit of s456,753, equal to
cents a share on combined common
stocks. This compared with s79l,
o42. or IS cents share for the
March quarter last year.
Jones 4 Laughlin.
Jones & LAughlin Steel Corp
Pittsburgh, reported for quarter ended
March 81 net profit of sl,952,394
equal after dividend requirements on
preferred stock, Of which there IS an
accumulation of unpaid dividends. to
81 IS share on the common stock
This compared with net loss of $685.
279 in the March quarter last year.
McKeSson & Robbins.
McKeSson & Robbins, Inc, drug
manufacturers, for the first quarter
showed net profit of s979 $50, equal to
IS cents share, against S55l005, OF
II cents, in the comparable period last
year.
Business Machines.
International Business Machines
Corp. reported March quarter net in
come of s2,l69,311. equal to $3.50 .
share on capital stock. against ST.
889 1921, or s256 share in March
quarter last year.