Evening star., 1938-10-21
SHELL UNION OIL
EARNS &,534,65
Net Tops Previous Period,
but Remains Below Levels
Year Ago.
BY the Associated Press.

BY the Associated Press.
NEW YORK, Oct. 21.-Shell Union
Gil Co. reported for the quarter ended
September 80 consolidated net income
Of $3,534,055, equal after preferred
dividend requirements to 36 cents q
share on common stock. This COM
pared with $2,s22,9 800 or 10 cents a
common share in the June quarter
and $7,503 ,29O or 81 cents share
in the September quarter last year.
Plymouth Oil Co.
Plymouth Oil Co. reported for the
quarter ended September 80 CONSOLE
dated net profit of s665 1886, equal to 81
cents a share on capital stock. This
compared with $625,228 or 81 cents
share in the June quarter and $780,
974 or II cents share in the Sep
tember quarter last year. Company,
with headquarters at Pittsburgh, has
interests in Texas, Arkansas, Pennsyl-
vania and other petroleum fields.
Continental Steel.
Continental Steel Corp. reported for
the September quarter net profit of
sl92,3 1850, equal after preferred divi-
dends to IS cents a share on common
stock. This compared with Sl56,09l
or 81 cents a common share in the
June uarter and s258,s9O or s108 a
common share in the September quar-
ter last year. Plants are at Indian
apolis and Kokomo, Ind, and Canton,
Ohio.
REQ Motor Co.
REQ Motor Car Co., Lansing, Mich,
reported for six months ended June
80 net loss of sl,074,123. compared
with net loss of s417,239 in the first
half Of 1887.
Owens Illinois Glass.
Ovens Illinois Glass Co. reported
today for IL months ended September
80 consolidated net profit of $685.
996, equal to $191 a share on the COM
mon stock, compared with s1O.844, ,6O8,
or $4.0e share, in the preceding l2-
month period.
Commercial Credit.
Commercial Credit Co.. installment
financing concern, reported for the
September quarter net income of 81
086, 1893, equal to Sl06 common share,
compared with S3,654,462, or s1.9l a
share. in the comparable quarter in
1887.
Atlas Powder Co.
Atlas Powder Co. reported for the
nine months ended September 80 net
profit of s745.736, equal to s1.96 a
share on the common stock, compared
with sl,264,3l0, or $4.03 a share. in
the comparable period last year. The
indicated profit for the third quarter,
based on comparison with the midyear
statement, was $278,085. or n cents
a share, against s396,499, or S1.24 a
share, in the comparable 1887 quar-
ter.
Life Savers Corp.
Life Savers Corp. for the nine
months ended with September showed
net profit of s767, ,352, equal to s2.19
share on the capital stock, COM
pared with $883.847, or s252 a share,
in 1887 months. Profit for the third
quarter was 1924, 4,370, equal to "a cents
share, against s346.233, or 80 cents
share, in the third quarter last year
Allis- Chalmers.
AlliS- Chalmers Manufacturing Co..
for the quarter ended September 80
reported net profit of S505,16O after
charges. equal to % cents a common
share, against $1,475,410, or SO cents
share. in the preceding quarter and
S2,655 .588, or Sl,40 share, in the like
quarter of 1887. For the first nine
1888 months net profit was $3.384,219
or $l.90 a common share, against
$6,786, 1886, or $3.50 a share, in the like
period last year.
Van Raalte Co.
Van Raalte Co.. for the September
quarter. reported net profit of $l67,O25
after charges. equal to $l07 a COM
mon share, against $199,646. or s1.31
share, in the like 1887 quarter.
Edward G. Budd Mfg,
Edward G. Budd Mfg. Co. reported
for the quarter ended September 30
net loss of $546,825 after charges and
taxes, against net loss of s773,2 in
the preceding quarter and net income
OF $l07,46 in the comparable quarter
of 1887.
Budd Wheel Co.
Budd Wheel Co., an afIiliate, report
ed a net loss Of $223,02l for the Sen
tember quarter, compared with net
loss of $169,26f in the preceding
quarter and net profit of $75,o55,
equal to 6 cents share on common
stock, in the third quarter last year.
DRY GOODS MARKET.
NEW YORK. Oct; q oP.-cotton goods
sions, notably industrial fabrics. were
more active. while most other sections
nniet PAvOn