Evening star., 1938-07-27

ATtANT|CREF|N|NG
p EARNS S2,S66,0)O
Sun Oil Co. Net Is Placed at
$1,759, ,686-InIand Steel
Makes S1,135,O96.
Ey the Associated Press.

Fy the Associated Press.
NEW YORK, July 27.-Atlantic Re-
flning Co. reported today for six
months ended June 80 net profit of
$2.s66. 900. equal to 90 cents a share on
the common stock, compared with
$3,436, ,756, or $118 on the common
in the comparable period in 1887.
Sun Oil Co.
Sun Oil Co. and subsidiaries reported
for six months ended June 80 net
profit Of S1,759,636, equal to So cents
q common share, compared with $4,-
376,371, or $190 a share in the same
period last year.
Inland Steel Income.
Inland Steel Co. reported second
quarter consolidated net income of
$1,135,096. or 70 cents a share, COM
pared with $3,178,383, or S202, in the
corresponding 1887 period. First
quarter, 1885, earnings totaled $685.
076. or SO cents per share.
Directors voted cash dividend of
so cents per share on the capital stock,
payable September l to stock of record
August 15 This was the same as that
voted three months ago. A year ago
$1.50 per share was declared.
The figures on earnings contained no
provision for undistributed profits tax.
Deere e. Co. Dividend.
Directors of Deere g. Co. authorized
payment Of the regular quarterly divi-
dend OF IS cents share on the pre-
ferred stock, payable September l to
stockholders of record August Is. Ac-
ton on common stock dividend was
postponed until September 20.
Congoleum- Nairn Co.
Congoleum-Nairn, Inc, linoleum
manufacturers, and subsidiaries re-
ported net income for the six months
ended June 30 of S3l6,790 after
charges. equal to Is cents share on
100000 shares of common stock
outstanding, compared with Sl,379,-
$685. or Sill share on l,243,O00 COM
mon shares, in the like 1887 period.
Plants are in New Jersey, Pennsyl-
vanla and Maryland
Pressed Steel Car.
Pressed Steel Car Co. reported an
indicated net loss for the June quar-
ter of s356,69l, compared with net
loss OF $336,08l in the preceding quar-
ter and net profit Of S218,653 equal
to 81 cents common share, in the
June quarter last wear,
National Cash Register.
National Cash Register Co., Dayton.
Ohio, reported for the quarter ended
June 80 net profit of $3.50. 1872. equal
to 50 cents share on the capital
stock, compared with S698.196, or
81 cents in the March quarter and
Sl,185,S3S, or 10 cents in the June
quarter of 1887. In the six months
ended the same date profit was ST.
ATS ,088, equal to 80 cents a share,
against s2,oo3,722, or s1.23 a year
ago.
International Salt.
International salt CO. reported for
six months ended June 80 net profit
Of S163,6ll. equal to 68 cents a share
on the capital stock, compared with
$l68,l30, or 10 cents in the COM
parable period last year. The COM
pany and its affliates operate in key
cities throughout the country and
mines are located in New York State,
Louisiana and Michigan.
Bucyrus-Erie Co.
Bucyrus-Erie Co.. manufacturers of
eXcavating machinery, reported for
SIX months ended June 80 net profit
OF S36288 equal to IL cents a share
on the capital stock, compared with
$6ol, ,76l, or 81 cents a share in the
same period year ago. The COM
pany's plants are at South Milwaukee,
Wis; Erie, Pa, and Evansville, Ind.
National Lead Co.
National Lead Co. reported a net
profit of sl,804,S64. equal to 27 cents
a share, for the first six months of
1888, compared with S5,l92,266, equal
to Sl.36 a share, the same period
last year.
Midland Steel Products.
Midland Steel Products Co. re-
ported S162,815 second quarter net
profit after all charges, compared
with s654,575 the same period last
year. Net profit for the first six
months was s334,e96, compared with
S1 O1o To0 eo~,a ->.;.I an,