Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-31


wholly -owned subsidiaries disclose for the
six months ended June 30 net profit OF
t33s e3s after depreciation, interest and
federal income and excess profits taxes
equal 20 Sl.l3 A share, against SIP eos or
81 cents a share in the hrst half OF 1870
Commercial Solvents Corporation dis
closes for the quarter ended June 81 a
consolidated net profit OF S3t7 900 after
federal income and excess profits taxes
and provision " $3.50 900 for anticipated
increase IN federal taxes, euqaI 20 10 cents
snare, against net profit OF 1922 % 1
or 20 cents share IN the June quarter Of
1910 ana x555.es2 or p cents share for
the quarter ended March 81. 1871.
Commercial Investment Trust Corporation
shows for the months ended June 80.
q net profit Of 50 1888 703 after federal
income taxes Of 81 200 a35 based on 30 per
cent rate, ETC. equal 20 81 81 a common
share. For the six months ended June 30
1870. adjusted net income was Sc POS OO2
equal 70 s2.ei common share.
RAytheon Manufacturing Company and
100 per cent owned subsidiaries show Tor
the year ended May 81 a net profit
OF Si5i,i5s after federal income taxes.
etc. equal after annual dividend re-
Quirements on per cent non-cumuiative
preferred 20 4s cents share on common.
against q net loss Of $50. i7s IN the pre-
ceding year
Niagara Hudson Power Corporation re-
ports for the II months ended june 30
\ net income Of 50, 4t2s 5l, equal To %
cents q common share. against Sc 23s gu
or 80 cents common share IN The II
months ended June so, 1870
vaiworth Company reports for To slV
months ended june 30. net profit %
500 $50 after normal federal income taxes
Of S3sf34s and provision Of 1907 900 for
federal excess profits tax etc equal ~
IS cents common share compared with
the first hair 81 1870.
Greenfield Tap and Die Corporation 70
porfs FOR the siN months ended June go
ne, profb ~ $500 OF. equal 20 81 So
common share sEains' x2li 2f1 or %
cents common share ia the first hair
% 1870.
Wheeling steel Corporsiion and sub
f'diaries report f'r fhe rusf'rf orrfcf June
90 net profit ~ ~ eos fsf after pro-
vision ~ ST 21s h2H lTr federal income
taxes etc after quarterly dividend 'r1sIrc
rnenfs rn - prior preferred 'H - ~ a
share un 56F So shares 1t common This
compares with urf TrHtf f0r f1t quartet
ended june 80 1880 af 50 0iP i2s rgHb
after diVdeua requirements CON - ifnnr
---r-E-----------
then outstanding t1 Fl cents shaie or
$50 az common shafes ard with q ur'
proht f0r ne quarter C9dTd March ~ 1881
- 8. SCI nuF equal after - prior pre-
ferrgd ana per cent preferred fiviferf ~.
quFements. 10 - o. share on 5bt 90
common shafes.
Spar and Company repnris for ths slN
months ended jane 81 net rrrtt 0f
500 sf5 after = &IGc 600 provision Tor il-
come faNts egusI after dividend require.
rrsn's on s. 81 FIST ard second preferred
stocFs f1 80 cents common frArC This
compares WIN, ret pf1dt Of SS7e 10 'he
hrst nall 90 1870
Jcha n Thompson Conpau, and subsid-
iaTies show frr Pc SIX wnrffs ended
June 80. q usr loss 90 500 -fa $50 e.trf
con parif0u with the Ike 1880 period is
available 90 me rImpart has changed
from 70 erruutirE per9lt o. TIE year
20 the calendar month basis
sidiaries report for tnc ID months ended
jane 81 net income M 81 100 ~ AFTER
federal income fsAes. etc. equa. after f-s-
fsrrsd diyffend requirement.. fo 80 Is "a
common snare Ftderai inr.ue fHHrs have
tsen provided for during 1881 rf r. fan
rate n 30 per cent This com psfet v.f1
s. st5 asa ~ s. % a common share .1 .hr
~ months ended JVrt 81 1870