Evening star., 1938-07-29
$491,883 INCOME
F0RS|MM0NSCO.
Otis Elevator Shows Net oil
$337,14-YaIe & ToWne
Loses $152,624.
BY the Associated Press.

.SSSS ~sS.y~.ss
BY the Associated Press.
NEW YORK, July 29.-Simmons Co.
manufacturers Of mattresses and boz
springs, reported q consolidated net
income Of $491 1888, equal to 43 cents
share, in the first six months o1
1898. This compares with $2,119.181
or $l.S5 a share, in the same period
Of last year.
Otis Elevator Co.
Otis Elevator Co. reported net in
come Of $337,104 for the June quar-
ter, equal to IL cents q share on the
common stock. This compares with
$798,113, or IS cents, in the preceding
quarter and $1,054,156, or 48 cents
In the same quarter last year.
Yale & Towne.
Yale e. Towne Manufacturing Co.
producer Of locks, builders hardware
electric hoists and electric industrial
trucks, reported net loss Of $152,624
In the June quarter this year, COM
pared with a, net income Of 5000, OF
cent share, in the March quarter
and a net income Of $344,15l, or II
cents a share, in the corresponding
1887 quarter.
General Refractories.
General Refractories, manufac-
turers Of fire brick and other heat
resisting materials, reported net loss
Of $37,933 for the June quarter. COM
pared with a net income Of $104, SOC
or ~ cents a share, In the previous
quarter, and $363, 1893, or 70 cents q
share, In the same quarter last year.
American Rolling Mill.
The American Rolling Mill reported
consolidated net loss Of $525, 1853. 90 TO,
the second quarter Of 1898, equal after
provision of $506,26l.44 for dividends
on preferred stock, to SO cents pei
share on 2,868,560 common shares out
standing. This compared with net
earnings of $4,321 ,85454 in the second
quarter of 1887, or $3.50 a common
share.
Net loss for the first half of 1885
was s723,164.70, or 60 cents a share
on common shares outstanding. Dur.
ing the first six months of 1887 net
earnings were $6,642,77o76, or $3.50
a common share
Childs Reports Loss.
Childs Co.. restaurant operators, re-
ported for the quarter ended June &c
net loss Of $226,967, compared with
net loss Of $98.2l0 in the preceding
quarter and net income Of $95,O64 ir
the June, 1887, quarter, equal afte,
regular preferred dividends to o cents
share on the common.
Parke, Davis & Co.
Parke, Davis & Co., and subsidiaries
wholesale druggists and pharmaceu.
tical manufacturers, reported for 81,
months ended June 80 net profit q,
$3,903, ,S4l, or 79 cents a share, com.
pared with q revised net profit Of
s4,4l9.370, or 80 cents a share, TO,
the first six months of 1887.
Masonite Dividend.
Directors Of Masonite Corn decIaref
an extra dividend OF so cents share
on common stock. payable August 2:
70 holders OF record August 10. A
regular quarterly payment of Is cent.
q snare was made on June 10, Com.
pany manufactures building material.
ana mas plant at Laurel, Miss.
Ward Baking Corp. reported con.
soldated net income for the Is week,
enoeo July 8 Of s34o,536, equal t.
$l.33 a share on Z per cent preferrer
stock, compared with $474,999. or 81 A
preferred share, in the comparable
1897 period. Companies bakeries art
IN the East, South and Midwest.
Babcock & Wilcox.
Babcock & Wilcox Co. and wholly.
owned subsidiaries, manufacturers n,
boiler equipment, reported for the 81,
months ended June 80 net loss of ST..
758,349 after charges, but exclusiy,
OF company's equity in net profits o,
companies more than so per cen
owned. This compared with net profit
of $494,519, or 1921 a capital share
IN the first half Of 1887. Factorie,
are IN Ohio. Georgia, New Jersey ane
Pennsylvania.
Business Machines Corn.
International Business Machine,
Corp. today reported net earnings TO,
six months ended June 80 amounted
to S4,0l9,303, or $4.93 a share afte,
provision for estimated Federal take.
and deduction of $685., ,768 blocked for.
eign net profits. This compares with
net income for the corresponding 1913,
period Of s3,940,059, or S4.83 a share
after deducting normal Federal incom,
tax. but before providing for surta,
on undistributed profits. and after de.
Quoting s437,989 blocked foreign ne
profits. (The proportional amount o.
surtax paid at the end of the veal
applicable to the first six months O.
1887 was s300,20o.)