Evening star., 1937-08-06
PROFITS
WELL ABOVE 1886
American Water Works Nets
$4,914,187 in II Months
Ended June 30.
By the Associated Press.

By the Associated Press.
NEW YORK, August 6.-American
Water Works & Electric Co., ma jor
public utility system operating prin-
cipally in Eastern and Southern
States, reported today consolidated
net income for the year ended June
80 Of $4,914,187, equal after preferred
dividends to $3.50 a common share.
This compared with s4.24l,357, O,
Sl.57 common share in the preceding
fiscal year
United Gas Corp.
United Gas Corp, holding company
for Southwestern natural gas and
pipe line operations, reported consoli-
dated net income for the quarter
ended June 30 of s2,i49267, equal
after preferred dividend requirements
to l cent a common share This COM
pared with S2,4l6,686 or / cent a
share, in the June, 1886, quarter.
Electric Power e. Light.
Electric Power g. Light Corp, a
holding company, with electric and
natural gas properties in MidWestern
and Southwestern States, reported
consolidated net income for the quar-
ter ended June 80 of s2,l78,233, equal
after preferred dividend requirements
to 22l4 cents common share. This
compared with Sl,289,O84, or 7 cents
share on second preferred stock, in
the June quarter last year.
Associated Gas.
Associated Gas & Electric Co. and
its subsidiary, Associated Gas g. Elec-
trio Corp, public utility holding COM
panies, with principal operating prop
critics IN Atlantic seaboard States. re-
ported profit for II months ended
June 30 of s2,535,150, compared with
81, 1862 in the preceding II months.
Ohio Oil Co.
Ohio Oil Co. reported for the first
six months consolidated net income of
s6,722,35 after charges, but before
Federal surtax, equal to 70 cents a
common share This compared with
S4,476 564. or 43 cents a share, in the
like period last year
Hayes Body Corp.
Hayes Body Corp, Detroit, reported
for the June quarter consolidated net
profit of S7,908 after charges, but be-
fore Federal taxes and surtax. This
compared with net loss of s22,6O7 in
the like quarter last year.
Hercules Motors.
Hercules Motors Corp, Canton. Ohio
Tor the June quarter reported net profit
OF S452 290, equal to SI45 a common
share, compared with sl38,66O. or "A
cents share, in the like quarter last
year.
Natomas Co.
Natomas Co. and subsidiaries re-
ported June quarter net profit of s215.-
429 after charges but before Federal
surtaX. compared with s282,3l5 in the
June quarter last year.
American Potash.
American Potash e. Chemical Corn.
and SUBSIDIARIES reported estimated net
income for the six months of sl.2l3.-
788. or s229 a share. compared with
s828,s32, or $l.57 share in the like
period last year.
Van RaaIte Co.
Van Raalte Co.. Inc, hosiery pro-
ducer. reported for the six months
net income of s460,5S2 after charges
but before Federal surtax. equal to
$500 a share, compared with s42O.-
Ala. or s2.77 share in the like 1896
period.
Union Bag e. Paper.
Union Bag q Paper Co. reported
net profit for the June quarter of
S3O4 25O, equal to s1l6 per share
earnings. For the June quarter last
year the company earned a profit of
sl0,6l8. equal to 4 cents share. For
the II months ended June 80 the
company reported net profit of $780,
800. the equivalent of 1888 a share,
as compared to s27s 923, and 81 O6