Evening star., 1939-10-26
Sherwin-WiIIiams
Earns $4,463,991
In Fiscal Year
Result Contrasts With
$2,228,360 Shown in
Previous Period

BY the Associated Press.
NEW YORK, Oct. 26.-Sherwin-
Williams Co., paint manufacturers,
reported s4,463 99l net profit for the
fiscal year ended August 81, against
50 228 360 the previous fiscal year.
The latest years profit was equal to
S596 share on the common, against
S242 the previous year.
Directors voted 75-cents-a-share
dividend on the common, payable
November Is to holders of record
October 81
Otis Elevator Co.
The Otis Elevator Co. reported a net
profit of $2,4l9,678, equal to $1O6 a
common share, for the first nine
months of 1899. In the like 1898
period, the net was $l,616,84O, or 66
cents a share
For the quarter ended September
80 the indicated net income was
S84l ,52l, or 81 cents a share COM
pared with $481 ,623, or 10 cents a
share, in the same quarter Of 1888.
Atlantic Refining.
Atlantic Refining Co. and subsid-
iaries, for the September quarter
reported net profit of $3,l24448 or
81 0l a common share, against So
$50, ,407. or $l3l a share. in the like
1888 quarter This company's prin-
clpal activities are the refining and
distributing of gasoline and lubri-
cants along the Atlantic seaboard
and abroad.
Life Savers Corp.
Life Savers Corp. confectioners,
and subsidiaries, reported for the
September quarter net profit of
S3O3 632 or 86 cents a capital share.
compared with S273,854 or IS cents
for the preceding quarter and 1924, =
/ 370 or "a cents share for the Sep
tember 1898, quarter.
Frank G. Shattuck Co.
Frank G. Shattuck Co. and subsid-
larles reported for the September
quorter net loss of S3O,892 COM
pared with net profit of S8l,8l8 or 6
cents per capital share for the pre-
cedlng quarter and net loss of s38l74
Tor the September, 1888. quarter.
Hershey Chocolate.
Hershey Chocolate Corp. and SUBJ
sldlarles reported net profit for the
september quarter of Sl,926 300, or
S2.44 common share, compared
with $l,355 $50, or Sl.61 common
share. in the like 1888 period.
Packard Motor Co.
Packard Motor Car Co.. Detroit.
Tor the September quarter reported
indicated net loss of Sl,OO9,476 after
charges, compared with net loss of
s2,O53,825 in the like 1888 quarter.
Gillette Safety Razor.
Gillette Safety Razor Co. and SUBJ
salaries for the September quarter
! reported indicated net profit of
S8O1. .453 after charges equal to 21
cents a common share, compared
with s63l ,298, or 13 cents a common
share, in the like 1888 quarter. Do
mestic manufacturing operations are
concentrated at Boston, Mass.
Babcock & Wilcox.
Babcock & Wilcox Co. and wholly
owned subsidiaries for the nine
months ended September 30 reported
net loss of $500 203. exclusive of the
companys equity in profits of COM
panles more than so per cent
owned. This compared with net
loss of S3,025,719 in the like 1898
period. The company equity in
profits, less losses, of companies
more than so per cent owned, but
not wholly owned, less dividends de-
clared, amounted to s175.4l6 in the
nine months ended September 30,
compared with 1921 9O4 in the like
1898 period. The company, manu-
facturer of steam boilers and other
products. has plants at Barberton,
Ohio: Bayonne. N j.; Augusta, Ga,
and Beaver Falls, Pa.