Evening star., 1939-07-27
|. B. N. Net Climbs
To S4,392,356 Mark
In First Half
Equals $5.13 q Shore,
Against S4.93 for
Same 1888 Months
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 27.-Interna-
tional Business Machines Corp. re-
ported today for six months ended
June 80 net income of 1892 1856
after charges and estimated Fed
eral taxes, equal to S5l3 share on
the capital stock, compared with
$4,0l9 1903, or $493 a share in the
first half of 1888
FreepOrt Sulphur.
Freeport Sulphur Co. reported con-
solidated net income for the quarter
ended June 80 of s338,530 after all
charges, equal to AZ cents share on
common stock, compared with SAT-
359, or 81 cents a share, in the second
quarter of last year Company. sec
ond largest producer of sulphur in
the world, has plants in Texas and
Louisiana.
Commonwealth Edison.
Commonwealth Edison Co. re-
ported for the first six months of
1899 consolidated net income of
sl2,l7l 967. compared with S9,487. 1922
for the like 1888 period. This was
equal to sl.32 share on 9,360,296
shares outstanding June 80, and
compared with earnings of s122 a
share on 1925, ,319 shares outstand-
ing June 30 year ago.
National Steel Corp.
The National Steel Corp. reported
net earnings of $l,958, ,755 04. equal
to SO cents per share on 2,198967
shares, for the second quarter ended
June 30. This compared with net
earnings of 81 ,O05 1863 %, equal to IS
cents per share. for the correspond
ing quarter of 1888. Net earnings
for the first six months of 1889 were
s4,385, ,423 383, equal to 81 SO per share.
against a profit of s2,094 ,4e8. 70, equal
to 96 cents per share, for the first
half of 1888.
Southwestern Bell.
Southwestern Bell Telephone Co
reported let income for the first
half of this year of S8941,797, as
compared with s8,565 ,29O for the first
six months of 1898, an increase of
$376,507.
Hinde d. Dauch.
Hlnde & Dauch Paper Co. an
nounced net income of s17l,358 for
the second quarter. compared to
$l36,036 for the corresponding 1888
period. The company's net for the
six-month priod was 1923 .933 against
$32O,940 for the first half of 1888.
International Salt Co.
International Saft Co.. with plants
IN the East and Middle West. re-
ported net profit for the first six
months of 1899 of sl16,254, or 48
cents share on common stock COM
pared with S163,6l1, or 68 cents q
share, in the like 1888 period.
Ruberoid Co.
Ruberold Co.. manufacturers of
asphalt and asbestos building prod
ucts, reported consolidated net profit
Tor the June quarter of 1902 ,434. or
10 Genus common share, compared
with $l99,037, or SO cents a share
in the.lfke 1888 period.
Cluett, Peabody.
Cluett, Peabody & Co., shirt and
collar manufacturers, reported for
six months to June 80 net profit of
81 ,266,l7l, equal to $1.69 a common
share, compared with $314,834, or 20
cent a share in the first half of
1898.
National Distillers.
National DistillerS Products Corn.
reported for six months ended June
80 net profit of s2,11O897. equal to
$l03 a common share, against ST.
766,353, or $1.36 a share, in the COM
parable 1888 period.
Parke Davis g. Co.
Parke Davis & Co. and subsid-
ilarles today reported net profit for
the quarter ended June 80 of s2,O13,-
494, equal to Al cents a share on
capital stock, compared with S2,731.- =
O48, or Sc cents share, in the pre-
ceulI1g quarter ana 81 1677,8l8, or "a
cents a share, in the comparable
1888 quarter.
Gillette Safety Razor.
Gillette Safety Razor Co. placed
net profit for the second quarter at
$749 ,360 equal to 10 cents a share
on common stock, compared with
1857 SAT- or "a cents share, in the
preceding quarter and $674,561, or
Is cents share, in the comparable
1888 quarter.
Directors of North American
Rayon Corp. ordered a dividend of so
cents a share each on the class "A"
and class "B" common stock, pay
able August II to holders of record
August 4. Previous payments were
Is cents each in December, 1888.