Evening star., 1941-04-07
Profit OF Federated
Department Stores
Down Slightly
Fiscal Years Total
OF S3,192,0e9 Equals
$3.50 q Share
Ry the Assoeiated 20.

BY the Associated Press.
NEW YORK. April 7.-Federated
Department Stores, Inc and SUBJ
sidiaries reported net profit for the
fiscal year ended January 81 Of
S3,192 .e99 or 50 go a common share,
compared with S3,286.237, or S3O4
a share. in the preceding u months.
National Department.
National Department Stores Corp,
and subsidiaries reported net profit
for the fiscal year ended January
81 of S904,695. or S170 a common
share, compared with S546,379. or
ga cents a share in the preceding
Y months.
Spicer Manufacturing Co.
Spicer Manufacturing Corp, auto.
mobile equipment makers, and sub
sidiaries reported net profit for the
six months ended February % Of /.
81, ,463, ,432, or S453 a common share,
compared with S11l2878. or 1886
a share. in the six months ended
February 29, 1910.
Brewster AerOnautiCal.
Brewster Aeronautical Corp. re-
ported consolidated net profit for
1910 of S28O.O57, or "a cents each
on 1891 shares, compared with
S9.976, or 2 cents each on 446,625
shares. in 1889.
Unified orders at the end of the
year totaled SLOT 900 900, compared
with Sl0.175,151 at the end Of 1899:
Gross sales in the first two months
of l941 totaled s4.7440OO compared,
with s2493 407 in the like 1910
period.
Aluminium Ltd.
Aluminium Ltd. and fully-owned
subsidiaries with the exception Of
Aluminium Power Co, Ltd, re-
ported net profit for 1910 Cin Ca
madam dollars of Sl2 46223l. or
s1603 common share. compared
with S15,799,927. or S2059 a share,
in 1889. The 1910 figure is after
$40, 1859, ,633 provision for income and
excess profits taxes. S1,37O.353 re-
served for Canadian companies net
current assets in enemy territory
and s2447033 reserved against fu-
ture depreciation in inventory
values.
r. II. Macy & Go.
r H Macy & Co, Inc. New York
department store. and affiliated
stores reported net profit for the
50 weeks ended February I of So
957,533, or s283 a common share,
! compared with S39O6 639. or s236 a
share. in the preceding 50 weeks.
The affiliated stores are L. Bam-
berger & Co. Newark, n. j.. Davi-
son-PaXon Co, Atlanta. and La
Sale e. Koch Co, Toledo.
Theaters Equipment.
General Theaters Equipment Corp.
and subsidiaries. excluding Cinema
Building Corp, reported net profit
for 1910 Of S849 .820. or SI45 a share,
/ compared with s696.O62, or sII7 a
share, IN 1889
American Sugar.
American Sugar Refining Co. re-
| ported consolidated net income for
/ 1910 of s3,44468O, or S113 a COM
mon share after provision for pre-
I ferTed dividends, compared with So
/ 77l,O58, or s6.16 a preferred share,
. in 1889 Joseph F. Abbott, presl-
1 dent, said the improvement in earn
/ ings was due principally TO a more
stabilized price for sugar and a
slightly wider refining margin.
Industrial RayOn.
Industrial Ravon Corp. and It's
subsidiary. Rayon Machinery Corp,
reported 1941 first quarter net earn
] ingS Of S683, $50 after estimated taxes,
This compared with s5865 for the
/ corresponding 1910 quarter.
Hiram Walker.
Hiram Walker-GOOderham &
Worts. Ltd. and subsidiaries. dis
( tillers, reported net profit in Cana
dian currency for the three months
ended February % of Sl4l8629, or
. S176 common share, compared
with 81 ,29O,O54. or s1.59 a share, in
/ the period ended February 90, 1910.
Marine Midland Corp.
Marine Midland Corp, holding
/ company for a group of New York
State banks. reported consolidated
net income of s815, BAT. equal TO IA
cents share on the capital stock,
for the three months ended March
81, compared with net income OF
| S736 .313, or 13 cents a share, in the
initial quarter of 1910. Included in
the Marine Midland group are the
Marine Trust Co. of Buffalo and
the Marine Midland Trust Co., New
/ York City.