Detroit evening times. (Detroit, Mich) 1921-1958, 1941-05-03

Pittsburgh steel Company report. for the
quarter ended March 81, net pront OF
$3.50, 100 after federal income taxes as re-
auired by existing law, etc. equal after
dividend requirements on n per cent prior
preferred. 5 per cent Class preferred and
4 per cent Clss. B preferred stocks, 70
81 80 a share on sos 9l7 shares Of common.
This compares with net proht Tor the
quarter ended March 81 1870 Of s203.oos
equal after dividend requirements on bA-
per cent and per cen, preferred stocks 70
II a. a share on IS, 3is shares of per cent
Class B preferred.
Archer Daniels Midland Company reports
for the nine months ended March 81 net
profit or 81 57f, zof after f-1ersi- tasee-efe-r
equal TO 50 ss a share on So, eis shares OF
common This compares with a net pfont
for the nine months ended March 81. 1870.
Of 81 OILS 023 equal after dividends paid on
per cent preferred retired during thst
period. TO 50 50 share on common.
ended December 81 net prohi OF slo'loI.
equal to II cents share, against a net
loss of s23 1913 in 1889.
American and Foreign Power Company.
Inc, and subsidiaries report 1850 net
income OF SIS SAG. $50. equal 20 $3.50
share on 81 preferred. and s5sS on 80
preferred, compared with s4.66s, o23 IN
1899. equal to S57s share on 81 pre-
/ ferred. and 81 90 on So preferred.
IutPrfNSmtfal tDFppFhtiOb anu Nb"hF-
owned subsidiaries report for the ausrter
ended March 81 net profit OF s34o'3ol'
equal to SIS cents common share
T.. G. smith and Corona T>pewriters.
Inc reports March quarter consolidated
net profit Of s422 $50 after federal income
taxes at 80 per cent rate and excess
profits tax al the prevailing rate. equal
10 81 q share on the common. against
xI23 1850 or IS cents on the common IN
the March quarter Of 1870
American Power and Light Company and
subsidiaries report q 1870 net income OF
Sli 5ss.ei2. equal. after the periods divi-
derd requirements OF IS preferred and ID
IN. common. agsinsi $40 300 100 or Al cents
on the common in 1889
PrnusyIvania Power and Light Company
and subsidiaries report for the year ended
December 81 net income of IS 5OI 81,
equal after dividends on 81. SO and -
cumulative preferred stocks 70 ~ " a
common share. against Ns.17f'sOz or VIZ
a common share In 1889.
Nstomas Company and subsidiaries re-
port for the quarter ended March il a net
profit OF $4,000 after federal income
taxes. etc equal to t3 cents a share on
sss $50 shares against s3l2. $50 OF 81
cents share on 975.750 shares in the
March quarter OF 1910.
United States Distributing Corporation
and subsidiaries report for the quarter
ended March 81 net profit Of s12l .e3e
SIP a share on 90 si5 shares. par 500,
Of per cent cumulative preferred on
which unpaid dividends amounted 10 SLID
= share at the close Of the period. COM
pared with a net profit OF $50. las or so
cents share on preferred in the March
quarter of 1870.
STANDARD Oil Company Of Ohio and sub
fur
of 81. 26o 75s. equal to si.47 share on
common. Since the company has not issued
quarterly earnings statements in the past
no comparison is available
sweet. Company Of America reports for
the quarter ended March 81 profit OF
$50 $50, after depreciation etc. ou, be
fore federal income and excess profits
taxes For the quarter ended March II.
1910. the company reported net loss of
SOL SOC. after homecoming loss Of
Ss5. AL.
Piuston Company and subsidiaries show
for the quarter ended March 81. a net
profit OF Sif0.l10. after federal income
taxes subsidiary preferred DIVIDENDS MI
noritv interest. etc, against $50. $50 IN
the March quarter Of 1910.
SyI,anIs Industrial Corporation shows
for the quarter ended March 81. net
pfsfit Of S2f4 Isl. after federal income and
excess profits. etc. equal TO 65 cents
share on 4iq Sos average shares outstand-
INK during the period. This compares with
net profit Tor the quarter ended March
81. 1910. Of s243 752 or 81 cents a share
on 49,. III average shares.
Century Ribbon Mills, Inc. and Century
Factors Inc. report for the quarter ended
March IL net profit of $40 7st after
federal income taxes etc, equal, after div
idend requirements on : per cent preferred.
to IL cents a common share. against s32.-
O4s. or % cents common share in the
March quarter of 1910.
Kansas City Power and Light Company
reports for the IL months ended March 81
a net income OF s3's3s, ia after federal
income taxes. etc, equal. after dividend
requirements on So first preferred series Il
stock. to So SIS a common share. against q
revised net income Of 50 1913 ,642, or SO p6
common share In II months ended March
81, 1910.
yellow Truck and Coach Manufacturing
Company reports for the Quarter ended
depreciation. federal income taxes and 81
336. ss5 provision for excess profits tax.
equal, after quarterly dividend requirements
on combined 2. iss, ss5 shares, par 81, OF
class 3, and 500, 900 shares. par 81, OF
common stocks. This compares with net
combined class and common shares In
The March quarter Of 1870.
Revere Copper and Rrsss. Inc. and
v hdlly-owned subsidiaries report Tor the
quarter ended March II a net profit 81 III
u53. IA after federal income and profits
-iAxe1- Including provision Tor -ssiirsted
increase In such taxes The above net y
equal after dividend requirements on :
per cent cumulative preferred and So per
cent cumulative preferred and allowing for
dividends on class A stock. 10 81. 40 share
on ss3e ip shares OF common stock. This
compares with s72o. ips or Al cents q snare
on $40 ss7 common shares reported for the
March quarter Of 1870.