Evening star., 1941-03-04
General Telephone
Reports S2,O4O,153
Net for 1910
Result Compares With
Sl,674,405 Recorded
In Preceding Year
By the Associated Press.

In Preceding Year
BY the Associated Press.
NEW YORK, March 4.-General
Telephone Corp. today reported 1910
consolidated net income Of So ,040, 1853,
equal after deducting preferred divi-
dends paid to S265 share on 639 1888
shares on common stock outstanding
at the end of the year.
This compared with 1889 consoh-
dated net income of $1,674, ,405, or
$2.12 a share on 684,815 common
shares.
The company, through operating
subsidiaries, provides telephone serv-
ice in areas of II States from the
Atlantic to the Pacific.
Marlin Rockwell.
Marlin Rockwell Corp. and sub
salaries, makers of automotive &C
cessories and other products, re-
ported net profit for 1910 of 81 ,432,-
030, equal to $716 common share,
after Federal income and excess
profits taxes. This compares with
net profit of $1,658,084, or $4.S8
share, in 1899. Company has plants
in New York, Connecticut and
Illinois.
E. w. Bliss Co.
E. w. Bliss Co. and domestic sub
SidiarieS, makers of munitions and
metal working machinery, reported
net profit for 1910 of $1,510,799,
after Federal income and excess
profits taxes, equal, after annual
dividend requirements on 6 per cent
and 5 per cent preferred stocks, to
1888 a common share. This COM
pares with net loss of Sl49,0 in
1899 Plants are at New York,
Toledo, Cleveland, and Salem, Ohio,
and Hastings, Mich.
HOudaille- Hershey.
Houdaille-Hershey Corp, manu-
facturers of automotive products,
reported net profit for 1910 of ST.
1888 ,086, equal after dividend re-
quirements on the class "a" pref
erence stock to $2.42 a share on class
B" stock. This compares with ST.
487, ,607, or S1.34 share on class "B"
in 1899. Plants are in strategic
centers.
Valspar Corp.
Valspar Corp, paint manufactur-
ers, reported for the fiscal year
ended November 80 net profit of
S10l, ,688, equal to 1884 share on
the S4 preferred stock, compared
with S2O4 ,153, or q cents share on
the common in the preceding fiscal
year. Plants are at New York,
Detroit and st. Louis.
Bucyrus-Erie.
Bucyrus Erie Co. and its sub
sidiary, Buckrus-M Monaghan Co., re-
ported net profit for 1910 of 81, 2,507,-
223, or $171 a common share. COM
pared with S1,752,554, or S1.09 a
share, in 1899. The company manu-
factures excavating machinery in
Chicago, South Milwaukee, Erie, Pa,
Ind.
]. c. Penney Co.
J. C. Penney Co., operating a re-
tail store chain, reported net profit
for 1910 of s16230,609, or s5.e1 a
share on 2,543 ,984 shares of common,
compared with S16,481,213, or s6.48 a
share on 2,543,984 share of common,
in 1899. Sales totaled S304, ,539 1926,
an increase of 7.9 per cent over 1889
Lerner Stores Corp.
Lerner Stores Corp, a retail store
chain, and subsidiaries reported net
profit for the fiscal year ended jan
uary 81 of S1.415, ,806, or $318 a COM
mon share, compared with S1,535, ,318,
or S3.48 a share, in the previous IL
Ryan Aeronautical.
An increase of approximately ST.
779,000 in operating revenues last
year over 1899 was reported by the
Ryan Aeronautical Co.
Net sales and operating revenues
totaled $3,864,575 in 1910, and the
net profit amounted to S357 ,343. or
approximately 80 cents per share of
stock outstanding. In 1899 the net
sales and operating revenues totaled
81 OBS, ,568 and net profit $50, ,728, ap-
proXimately n cents per share then
outstanding.
Volume and net profit in 1910 were
the largest in the company's history
Abbott Laboratories.
Abbott Laboratories reported a net
profit for 1910 of $2,239 ,408 after all
charges including Federal income
and excess profits taxes. Earnings
were the largest in the history of
the company, the report said
Net profit was equal to $3.50 a
share on the 755,204 shares of COM
mon stock outstanding, an increase
of Sl91 ,314, of 93 per cent over the
S2,048,0 ,094 or S2.61 common share
for the preceding year.
Net sales were $12,981 1856, an in
crease of $1,495,871, or 13 per cent
more than the 1889 total of SILL
485, AIS.
Billings & Spencer.
Billings & Spencer Co. today re-
ported net earnings in 1910 at
c127 6Q6 or 10 centS chare the