Evening star., 1941-10-28
Phillips Petroleum
Reports Profit Of
S2.82 a Share
Nine Months Totol
Compares With Sl.97
In Same 1910 Period
By ths Associated Press.

By thf Associated Press.
NEW YORK, Oct. 26.-Phllllps
Petroleum Co. reported today for
the first nine months net profit of
sl2 .562 .598 after charges and pro-
vision for taxes, equal to s282 a
share on the capital stock. This
compared with s8.778.533. or S197 a
share, in the first nine months OF
1910.
National Supply Co.
National Supply Co. and subsld-
iarieS reported net profit for the
nine months ended September sc
was S3,989 1923, equal to S2.03 a COM
mon share, compared with 1888, ,649
or s3.40 q share on combined priol
preferred shares in the 1910 period.
American Type Founders.
American Type Founders, Inc.
reported for the six months ended
September 80 net profit of S21396e
after Federal normal income ano
defense taxes, equal to 81 cents q
share. This compared with net loss
of $3.50 for the like period OF last
year.
Lone Star Gas Corp.
Lone Star Gas Corp. reported for
the nine months ended September
80 net profit of S4895 ,222, after Fed
eral income taxes equal to 80 cents
a common share. This compared
with s4,245,893, or Y cents COM
mon share, in the 1910 period.
Victor Chemical.
Victor Chemical works reported
for the nine months ended Septem-
Der 80 net profit of SG97 1859 or 81 %
a share against revised net profit
of $4,000 or s1l8 a share in the
1910 period.
Youngstown Sheet & Tube.
YOUNGSTOWN Sheet e. Tube Co. re-
ported net profit of s3.103,649 for
the third l94l quarter, compared
to s4,765 1896 for the previous quar-
ter and S2,842 .280 for the third
quarter last year.
The net, after providing S206 $500
for preferred dividends, equals sl.73
a common share, against S2.72 a
common share for the second quar-
ter and sl5712 a year ago.
Cleveland Cliffs.
Cleveland Cliffs Iron Co.. ore and
vessel concern, reported net profit
for the first nine months, after es-
timated taxes, of s3,621,729 This
compares with S2,766,454 for the
same 1910 period. Cliffs Corp, which
owns all Cleveland-C Cliffs common
netted s694,883, against S327,839 in
the first nine months of 1910.
Thompson Products.
Thompson Products. Inc, manu-
facturers of aircraft and automo-
tive parts, reported third-quarter
net income of s34l 584. or S104 a
share. bringing the nine-month net
to Sl264,762, or 1892 a share. after
providing s2.755,465 for Federal ex-
cess profits taxes and normal income
taxes. Net sales in the third quar-
ter were s11.214,934, against S6.243,-
$50 the same period of 1910 Nine
month sales were s30,564 ,299, against
S18,007,4 ,406.
Pepsi-Coia Co.
Walter S. Mack, jr., president of
Pepsi Cola Co., announced the COM
pany estimated that operating prof
its for the nine months ended Sep
tember 30 on a consolidated basis,
including the old Pepsi-Cola Co.,
were approximately s12,050.000 after
all operating charges but before
Federal income and excess profits
taxes
This, he said, compared with
$6.480000 on the same basis Loft
and Pepsi-Cola combinedD for the
like 1910 period. After provision for
Federal income and excess profits
taxes, also homecoming losses Of
S3,000,000 for which adequate re-
serves previously had been estab-
lished. net profit for the nine
months was estimated at about
$3.50 900, compared with S4200,000
In the like period year earlier.