Evening star., 1939-10-24
North American Co.
Reports Increase in
Net Earnings
S18,633,l92 Contrasts
With $l5,445,216 in
Previous II Months

NEW YORK, Oct. 24.-North
American Co.. utilities holding con-
Germ, and subsidiaries reported con-
solidated net income for the IL
months ended September 30 of
S18, 1872, or $1.81 common share,
compared with $15,445,2l6, or s1.59
a share, in the previous IL months.
Continental Can.
Continental Can Co. reported con-
solidated earnings for the IL months
ended September 30 of S7,51l 1896, or
S2.32 common share, compared
with $7O26,531, or $2.16 a share, in
the preceding II months.
Climax Molybdenum.
Climax Molybdenum Co. report
ed net profits for the September
quarter of 5000, $40, equal to s1.23
share on common stock, compared
with S1,311 600, or So cents a COM
mon share, in the preceding quarter
and s2,2O0,O35, or 81 cents, in the
September quarter last year. Com
pany's chief mine is at Climax, Colo.
Johns Manville.
Lewis H. Brown, president of
Johns-Manville Corp, reported the
company had consolidated net earn
ings of $l,472,255 in the September
quarter, equal to Sl58 a share on
common stock after preferred divi-
dend requirements. This compared
with $685., 1866. or 80 cents common
share, in the third quarter last year.
AlIis- Chalmers.
Allis-Chalmers Manufacturing Co.
placed net income for the third
quarter at S943 ,450, equal to SO cents
share on common stock. This
compared with S505, ,16O, or % cents
a common share, in the comparable
1888 period. Company's main plant
is at Milwaukee, Wis, where heavy
industrial machinery is made.
Phillips Petroleum.
Phillips Petroleum Co. and sub
sidiaries reported net profit for the
quarter ended September 30 of
S1,704,987, equal to 38 cents share
on common stock, compared with
$3,886,816, or 81 cents share, in
the similar 1888 period.
International Silver.
International Silver Co. and sub
sidiary estimated net profit for the
September quarter at S151, ITO, equal
to 81 cents share on common stock
after quarterly dividend require
ments on the $1OO-par 7 per cent
preferred stock (on which there
were accumulated dividends of S1225
on October p. This compared with
$125 ,545, or % cents common share,
in the preceding quarter and $294,-
713, or 5000 on common in the
September quarter last year.
Philip Carey Manufacturing.
Philip Carey Manufacturing Co.
reported net profit cf s248,412 for
the third quarter el - September
30, after all charges, compared with
S119,803 for the same period of 1888.
Net profit for the .12 months ended
September 80 aggregated S304, ,428,
against net loss of S265 1866 for the
corresponding portion of last year.
Commonwealth g. Southern.
Commonwealth & Southern Corp.
and operating units reported con-
solidated net income for the fiscal
year ended September 80 of Sl3,028,-
1863. or IL cents a common share,
compared with revised net income
of Sl0,462 ,937, or 4 cents share, in
the preceding II months.
Ex-Cell-O Co.
EX-Cello-O Co., makers of aircraft
parts and machinery, reported today
net profit for the September quar-
ter of $l93,685, equal to 49 cents a
share on common stock, compared
with $187,057, or Al cents common
share, in the preceding quarter and
Sl43,443, or 36 cents, in the Septem-
Der, 1888, quarter.