Evening star., 1940-08-09
Republic Aviation Co.
Reports First Half
Net Of S842,161
Mid-Continent Petroleum
Profit for June Quarter
Shows Increase
BY the Associated Press.


NEW YORK, Aug. 9.-Republic
Aviation Corp. today reported net
profit for the first half Of 1910 of
$842,16l before deduction for Fed
eral excess profits tax, equal to rs
cents common share. w. Wallace
Kellett said the figure represented
the first half yearly profit in the
corporation nine-year history. For
1899 Republic reported net loss Of
1924, ,781.
Main plants are in Long Island
where military planes for the
United States Government are
manufactured.
Western Union Telegraph.
Western Union Telegraph Co.
earned net profit in the six months
ended June 80 of $l,519,625 after
charges, equal to Sl45 a share,
compared with net loss of 1928 1888
in the comparable 1889 period.
Mid Continent Petroleum.
Continent Petroleum Corp.
and subsidiaries earned net profit
in the June quarter of S714,370
equal to 80 cents a share. This
compared with $678,793, or 36 cents
share, in the June quarter last
year.
Fairchild Aviation Corp.
Fairchild Aviation Corp. reported
net income for the six months
ended June 80 of s3l8,s46, equal to
95 cents a share, compared with
Sal ,121, or Al cents a share, in the
comparable 1889 period. Untitled
orders jumped to s3,l11,096 at the
end of June from sl923 200 at the
start of the year. Factories are in
Long. Island. The company makes
navigation instruments, aerial cam
eras and aerial surveys.
Household Finance Corp.
Household, Finance Corp, INSTALL
ment concern, reported net income
for the six months ended June 30
of 1920 ,844 or $3.77 a share, after
charges, preferred dividends and
a contingency reserve of $l50,000.
This compared with S2,961, ,484, or
S3.4l a share in the like period of
1899.
Interchemical Corp.
1nterchemical Corp. reported for
the first half of this year net profit
Of s572,09l, or 81 80 a common share
| after preferred dividends, against
$3.50 ,284 or sl53 a common share,
in the like period last year.
Tennessee Corp.
Tennessee Corp, chemical and
| copper concern. reported net profit
of $500 for the first half of 1910,
or rs cents share on the common
stock. Comparable figures are not
| available.
Union Bag & Paper Co.
Union Bag g. Paper Co. reported
for the second quarter of this year
net profit of 1857 ,273, or SO cents a
common share. This compared with
s78875, or 6 cents common share
in the like period of 1899.
Sunray Oil Corp.
Sunray Oil Corp reported for the
six months ended June 80 net profit
of $26l,191, equal after preferred
dividend requirements to 10 cents a
share on the common stock. This
compared with IA cents common
share in the first half of 1899.
The company produces and mar
kets petroleum and natural gas.
Principal properties are in Texas
and Oklahoma.
Crane Co.
CHICAGO, Aug. 8 tP,.-Crane Co.
and subsidiaries, manufacturers Of
| plumbing equipment. reported an
unaudited consolidated net income
for the IL months ended June 80
of $5,722 $3.50, equal after preferred
dividend requirements to $202 a
share on common stock
This compared with s2.013,655, or
after preferred dividend require
ments to As cents a share. for the
II months ended June 30, 1899.
The 1910 income figures include
the United States, Canadian and
English subsidiaries but not its sub
sidiary in France in view of exist
ing uncertainties there.