Evening star., 1941-10-23
Westinghouse Reports
.S15,S60,252 Net
In 9 Months
S450,242, 2e2 Orders
II Per Cent Ahead
Of 1o40 Period
BY the Associated Press.
ATryry xy~E~ 81

vi |fO SIIOu
BY the Associated Press.
NEW YORK, Oct 23-A net profit
of $15,860,252 for the first nine
months of 1941 was reported today
by the Westinghouse Electric 81
Manufacturing Co., which also said
orders booked in the same period
totaled S450,242 .292, an increase Of
70 per cent over the corresponding
months of 1910.
The financial outlook is excel
lent" said Chairman A. w. Robert
son, adding that the net earnings
for the first nine months of the
year were per cent above the
same period of 1910. Federal taxes
amounted to S45, ,302 ,297, an increase
of lis per cent
Sales billed by the company dur
ing the first nine months were $685.
709,773, up Sd per cent. and un-
filled orders for the same period
totaled S394,861 ,959, an increase of
l60 per cent. Employment reached
an all-time peak of $4,000, a gain
of more than $4,000 since the middle
of 1910.
BabcOck & Wilcox.
BabCoCk & Wilcox Co., manufac-
turerS OF boilers and equipment for
general industrial installation and
Wholly-OWned subsidiaries reported
for the nine months ended Septem-
Der 80 net profit of S3,095 .576, after
provision of $6,618,O0O for Federal
income and excess profits taxes. or
$3.50 a share. This compared with
81 1872 ,266, or $2.72 a share in the
like 1910 period.
National Distillers.
National DiStillerS Products Corp.
and wholly-owned subsidiaries re-
ported for the nine months ended
september 30 net profit of 1881 1868
alter provision for Federal income
taxes, equal to S1.87 a share on the
common stock. This compared with
So. ,64l, or $156 a share in the
frSt nine months of 1910.
gillette Safety Razor.
Gillette Safety Razor Co. reported
Tor the nine months ended Septem-
per 80 net profit of S2.333.3 3.337 after
Federal taxes, equal to 60 cents a
share on the common stock against
81 1888 IT'S, or Al cents a share in the
same period last year.
EonaroI GIL re.
General Steel Castings Corp. re-
ported for the nine months ended
September 80 consolidated net profit
OF S2725, 1865 after provision for taxes
equal to S498 a share on the COM
mon stock after dividend require
ments for the period on the Sc cumu-,
latlve preferred stock. This COM
pared with s5O2,263, or II cents a
common share for the first nine
months Of 1910 There are accumu-
lated unpaid dividends on the pre-
terred stock amounting to $3.50
share.
COntainer Corp.
Contalner Corp. OF America TODAY
reported net earnings Of S63l .010. or
81 cents share. in the three months
ended September 80 against $685.
004 or IS cents a share, in the like
1910 period.
For the nine months ended Sep
tember 80 net earnings we're s1.498.-
222, or Sl90 a share, against s1,527,-
764, or S1.95 snare. in 1910. The
company manufactures paper Ship
ping containers.
Air Reduction.
Air Reduction Co, Inc, and wholly
owned subsidiaries reported today
net profit for the September quarter
OF 81 1853 667, or 43 cents a share
after provision of S2.036. ABA for Fed
eral taxes for the quarter and S728.-
378 additional Federal taxes for the
first six months of 1941. This COM
pares with net profit for the like
1910 quarter Of 1885 1878. or 50 cents
a share. after provision of s765. SOB
for taxes.
General Foods.
General Foods Corp. and sub
sidlaries reported net profit for the
quarter of S3,156,677. or
81 cents a common share. after So
698 867 Federal taxes. compared with
So ,061,111, or SIS cents a share. after
81 ,399, ,881 taxes, in the like 1910
period.
United States Gypsum Co.
United States Gypsum Co. and
subsidiaries reported net profit for
the September quarter of s1.558, 1872.
or $1.19 a common share. compared
with S1,713,781, or S1.32 a share, in
the like 1910 period.
General Gable.
General Gable Corp. reported net
profit for the September quarter of
S773, 1874, or 80 cents a common share,
after S27370O0 Federal taxes, COM
pared with net profit of S467, ,987, or
81 cents class "a" share, after
S343 900 taxes, in the like 1910 period.
SlOsS- Sheffield.
Sloss- Sheffield Steel & Iron Co.
reported net income for the Septem-
Der quarter of S270,85O, or 1929 a
common share, compared with S517,-
}62, or s4.78 a share, in the like
1910 period.
COpperweid Steel Co.
Copperweld Steel Co. reported net
profit for the first nine months of
-941 of S1,224,093, or 1921 a COM
non share, compared with s798,7 ,736,
or S138 a share, in the like 1910 pc
'iod.
Atlas Powder Co.
Atlas Powder Co. and subsidiaries |
'eported indicated net profit for the
quarter of S387 ,987, or
;1.20 a common share, compared |