Evening star. [volume] (Washington, D.C.) 1854-1972, 1941-03-11
Underwood Elliott
Reports S2,226,255
Profit for 1910
Result Compares With
Only S1,S57. $50 for
Preceding Year
Ry the Associated Press.


2, the Associated Press.
NEW YORK, March il.-Under-
wood Ellicott Fisher Co. reported
today 1910 net profit of S2,226, 255,
equal to 5000 a common share, COM
pared with s1,o57,O80, or 1888 q
share, in 1899.
Pepsi Cola Co.
Pepsi-Cola Co., excluding British
subsidiary, reported net profit in
1910 was S5,821, 1853, equal to S2245 a
share, against S4870,479, or S18.75 a
share, in 1899 The 1910 figures were
after deducting s779, $50 charges in
connection with litigation.
Home Products Corp.
American Home Products Corp a
leading producer Of drugs and drug
store accessories, reported today a
1910 net profit of S4,29l,240, equal
to 1892 share on the capital stock,
compared with S4,205,6ll, or 1923 a
share, in 1899.
Alvin G. Brush, chairman, noted
earnings before taxes increased
1857 1850, but most Of this gain was
absorbed by a rise of S773,946 III
excess profits and income taxes.
Loss of European markets, he eX-
planned, reduced income from for
eign operations and reserves were
created to take care Of the decline
in market value of foreign assets.
CeloteX Corn.
Celotex Corp. and wholly owned
subsidiaries reported net profits Of
S456.865 before excess profits tax
provision, for the quarter ended
January 81. This was equal to 60
cents a share on the common Stock
as compared with net loss of Sl94,-
065 for the quarter ended January
81. 1910. No part of the earnings OF
Celotex, Ltd, was included in the re-
port.
American Chain.
American Chain & Gable Co s
1910 net profit amounted to s3,CO9,-
ats. equal to s275 a common share,
compared with s2,252,483, or sl.98
share, in 1899.
Maytag 20.
Maytag Co. washing machine
manufacturers, reported 1910 profit
of s1,787 .085, equal to IS cents a,
common share. against S1,399, 931, or
% cents, in 1889.
Upgrade Sylyania.
Upgrade Sylvania Corp. manufac-
turers of radio tubes and electric
light lamps, reported for 1910 net
profit of S88O,625. equal to $3.50 a
share on its common stock, COM
pared with s8568O7, or 1882 a share
in 1889
Aviation Corp.
The Aviation Corp, holding con-
Germ. reported consolidated net proflt'
exclusive of Vultee Aircraft, amount
ed to S88.350 in the fiscal year enoed
November 80. This compared with
a loss of s2.238 .O49 in the preceding
fiscal year.
Johns Manville Corp.
Johns Manville Corp, one OF the
country's leading manufacturers OF
building materials, reported l94O
consolidated net earnings Of $685.
OIL after expenses and taxes, equaI
to $685. a share on its common STOCK.
This compared with s4,127,691, equal
to S428 a share. in 1889.
Lewis H. Brown, president, said
earnings before income and excess
profits taxes were the largest in the
company's history, at S9,252 OIL. IN
1929. when sales were about the
same amount as last year, earnings
before such charges amounted to
S7.365,78 Income and excess prohtS
taxes in 1910 took So cents out OF
every dollar of profits, he said,
compared with II cents in 1929.
Studebaker Corp.
Studebaker Corp. South Bend,
Ind. reported consolidated net
profit of S2.124628 in 1910, equal
to 90 cents a share of common stock.
This compares with $2,923,251, or
s1.31 a share. in 1889.
During 1910 the corporation sold
1880 passenger cars and trucks,
and net sales amounted to s84,164.-
224. compared with 114196 units
and net sales totaling $8l, l9,l06 IN
1899.
Lockheed Aircraft.
Lockheed Aircraft Corp. reported
1910 net profits of S3165 ,675, after
all charges. including provision Of
S2,O66,050 for Federal income and
excess profits taxes. This compares
with net profits of $3132918 after
Federal taxes of s874,332 for 1899.
The 1910 earnings were equal to
s3.17 a share on the 100000 shares
of capital stock outstanding, as COM
pared with S4.04 a share on the
10000 capital shares outstanding
in 1889.