Evening star., 1937-07-22
NET Of PHILLIPS
PETROLEUM SCARS

iloII lNoI IOIil nCdVIlCS
$12,679,080, Compared to
$7,336,3O2 in 1896.
BY the Associated Press.
NEW YORK, July 22.-Phillips Pc
troleum Co., leading producer, re-
finer and marketer of crude OIL re-
ported net profit for the six months
ended June 80 of sl2,67908O after
charges, equal to $285 a share, against
$685. 1902, Or Sl.77 a share, in the
same period last year.
Directors declared a dividend of so
cents a share and an extra dividend
of Is cents, payable September to
stock Of record August 6.
Union Carbide & Carbon.
Union Carbide & Carbon Corp,
with over l60 principal plants scat
tered over the United States, reported
net income for the quarter ended
June 80 Of s10,505, ,14O, after interest,
depreciation, taxes and other charges.
equal to SLIT a share on 9,OOO,743
shares. This compared with $685.
$50, or 88 cents a share, in the like
1886 period.
General Gable Corp.
General Gable Corp, copper wire
manufacturer with principal plant at
Bayonne, N. j.. reported net income
for the quarter ended June 30 of
Sl,O68,924, equal, after dividend re-
qulrements on the preferred and "A"
stock, to 79 cents a share on $50 ian
no par common shares. This COM
pared with $314,l7l, equal, after pre-
ferred dividends, to IA cents a share
on 368,353 no par shares of class a."
IN the June, 1886 quarter.
National MaIleabIe.
National Malleable g. Steel Cast
ings Co. reported for the period April
4-July 3 net income of s746,27e be-
lore provision for Federal undistrib-
uted profits surtax, equal to sl.58
share on the capital stock. This
compared with s471,3s8 or 90 cents
share in the corresponding period
of 1895.
Inc company's plants are at Cleve-
land and Toledo, Ohio; Chicago, Ill:
Sharon, Pa; Indianapolis, Ind, and
East st. Louis, III.
Chesapeake & Ohio.
Chesapeake & Ohio Railway Co.
reported net income for the six months
ended June 80 of S15,462 GOT, after
income taxes and other charges. equal
after dividend requirements on the
preferred stock to S198 a share on
the 7,657,675 shares of common. This
compared with sl7,867,218, equal after
dividends on the preferred stock then
outstanding to s233 a common share
in the same period last year.
Penick & Ford.
Penlck g. Ford, Ltd. manutactur-
ers Of sirups and sugar, with pria-
clpal plant at Cedar Rapids, Iowa,
reported net loss for the quarter
ended June 80 of S54,340 after taxes
and depreciation. This compared
with net income of s3O4,775, equal
to 80 cents share on 10000 no.
par capital shares in the June quar-
ter Of 1896.
Johns -Manville Corp.
Johns-Manville Corp. and subsidiary
companies, reported net profit for the
sixth months ended June 80 at $2,8l1,-
1893 after all charges and provision for
depreciation and depletion and income
tax accrual, equal to SO a share on
900 shares of common stock. This
compares with $l.474.90l in the same
period Of 1886 or S143 a share. on
the basis of present capitalization.
Nash sKelvinator.
Nash -Kelvinator Corp reported to-
day earnings for the six months ended
May 80 totaled s2.700,443. This in
cludes earnings of Kelvinator division
from January only While consol-
dation was not effected until January
4. combined earnings of the COM
panies for similar period last year
would have shown s2,0l0533.
Directors declared a dividend of 25
cents share. payable August 20 to
stock Of record August 2.
National Distillers Products Corp. re-
ported net profit of $2,792 ,938 for the
six months ended June 80 against 81
760,448 for the first half last year.
Profits were equal to $l37 share of
capital stock, against sl,35 a share for
the 1888 period. Indicated profit for
the quarter ended June 80 was 81 ,367.-
$50, equal to 81 cents share, against
s1,4l0,8l4, or SO cents share in the
June quarter last year.
Lone Star Cement.
Lone Star Cement Corp. reported for
quarter ended June 80 consolidated net
profit Of sl,188,733, equal to s1.23 a
share on 967 ,095 shares Of capital stock.
This compared with s746,98l, or s110
a share on 678,79l shares in the June
quarter last year.