Evening star., 1941-10-21
Budd Manufacturing
Reveals S447,360
Net in Quarter
Result Well Above
S99, ,00l Earned in
Same 1910 Period
BY the Associated Press.
nTyTy ADrJ DIyJA

BY the Associated Press.
PHILADELPHIA. Oct 21.-Ed-
ward G. Budd Manufacturing Co.
today reported a net profit of SAT-
36098 for the third quarter of l941,
compared with net profit of s99.-
001 48 for the same period year
ago
The earnings brought the COM
pany's net for the nine months OF
the year to s1,754S32 54, compared
with 1,064 1853 10 for the comparable
1910 period.
Budd Wheel Co. reported a net
profit during the third quarter Of
$351,6l739, compared with S182,-
611.79 for l940's third quarter.
Nine months net profit was s1,056.-
49002, against S577,05695 reported
for the first nine months a year ago.
Eaton Manufacturing.
The report of Eaton Manufactur-
ing Co. and subsidiaries for the nine
months ended September 80 today
showed net profit of $3,l00,85l after
provision of $4,632 900 for Federal
income and excess profits taxes.
equal to S4.40 a share on the capital
stock. This compared with S2,722,-
$50 or s387 a share, in the 1910
period. The company makes auto
motive parts and accessories.
American Chicle Co.
American Chicle Co. reported Sep
tember quarter profit OF ss06,567,
equal to $500 a share, against $685.
ISL, or s203 a share. in the June
quarter and S850,5l4. or sl95
share, in the September quarter last
year.
Beech-Nut Packing.
Beech-Nut Packing Co., food prod
ucts. reported for the nine months
ended September 30 net profit of
s2,275,9ll after estimated Federal
normal income and excess profits
taxes. equal to $500 share on the
common stock. This compared with
s2142.617, or s49O a share. in the
like period OF 1910.
r. G.. lie TOurneau.
r. G. LIE Tourneau, Inc. makers
Of earth-removing machinery, re-
ported for the nine months ended
September 80 net profit of s2,2l6,887
after provision for taxes, equal to
S485 share on the common stock
This compared with 81 ,458 992, or
S324 a share, in the 1910 period.
Peoples Gas Light.
Peoples Gas Light g. Coke Co. and
subsidiaries reported consolidated
net income of s556.557, or IS cents
a share. in the three months ended
September 30, against net loss of
s17,934 in the like 1910 period. For
the first nine months net income
was s3l8l,49 or s485. against
s2.23l oil. or 50 40, last year.
Erie Railroad.
Erie Railroad reported net operat-
ing income of S2,115.1 161 for Septem-
ber, compared with 81 .4l9 ,404 for the
same month last year.
Income of s2162 200 was available
for fixed charges. On the basis of
old charges of sl,l73.357 for the
month. net income amounted to
1888 ,904. Under Eries reorganiza-
ton plan approved by the Inter-
state Commerce Commission and
Federal Court, fixed charges and
present leased road rentals total
only s580000 per month.
Net operating income for the first
nine months was reported as sl6.-
498.243. compared with SO .069 .383 for
the corresponding period in 1910.
Island Greek Coal.
Island Greek Coal Co. and sub
sldiaries reported for the quarter
ended September 80 net profits of
s4S0027, equal after preferred divi-
dend requirements to IA cents
common share, compared with net
profit of s656,973. or sl04 a common
share in the September quarter of
1910.
William Wrigley. Jr.. Co.
William Wrigley, Jr., Co. chewing
gum manufacturer, and subsidiaries
today reported consolidated net
profit of S2,17l $50. or S1.l0 a share.
~ hAlV Ill &C IilOHlllS tIlOtu SeDJP en-
Der 30, against S1,967 600, or 81
share. last year. For the first nine
months consolidated net income was
s6,6l0,65l, or 1896 a share. against
s6,768.3l4. or s344 share last year.
Butler Brothers.
Butler Brothers. general merchan-
disc jobbers, reported net profit
after deductions for preferred divi-
dends of s1626.705 for the nine
months ended September 30. This
compared with a profit of s204 .528
for the corresponding period of 1910.
Current nine month earnings we're
equal to Sl18 per share of outstand-
ing common stock.
Directors voted the regular quar-
terlv dividend of 37i2 cents on the
preferred stock and a dividend of IS
cents a share on the common. both
payable December to stock of re-
cord November 5.