Evening star., 1941-03-21
Offs Elevator Co,
Reports S2,771,383
Profit in 1910
Net Equal to $1.1o
A Shore, Against $1.1S
In Previous Year
BY the Associated Press.

By the Associated Press.
NEW YORK, March 21.-Otis Ele.
vator Co. reported today for 194C
net income of $2,771 1888, after set
ting aside $5o0,000 reserve for foreign
Investments, equal to $1.19 a share
on the common stock. This COM
pared with $2,751,o26, or s1l8 a
share, in 1899.
:, y. II. van Alstyne, president, said
t1e company had closed contracts
aggregating s12,0OO,OOO for the man
ufacture of armament materials.
Ohio Oil Co.
Ohio Oil Co. reported 1910 net
profit of $8,733, ,164, equal to SlO2 a
share on its common stock, COM
pared with $1,492,O96, or $4.21 a
share on the 6 per cent preferred, in
1889.
Alleghany-Ludlum.
B., Alleghany-Ludlum Steel Co. re-
ported 1910 net profit of S3,722, lot,
equal to $2.78 share on its common
stock, compared with S2,093,5l8, or
S1.49 a share, in 1899.
Bohn Aluminium.
|. Bohn Aluminium & Brass Co. re-
ported for 1910 net profit of S1,441,- :
789, equal to $409 a share. COM
pared with $758,927, or $2.15 a share,
in 1939
Colts Firearms.
With its expanded munitions di-
vision running full blast on millions
OF Government defense contracts
and British war orders, Colts Patent
Firearms Manufacturing Co. showed
1910 earnings at 81 COG, COS, or s9.75 a
share, compared with S1,367,755, or
S6.99 share, in 1899.
Master Electric.
Master Electric Co. reported 1910
net profit of $793,912, or S3.18 a
share, against 1899 profit of S691.-
572, or S2.86 a share. President z.
P. Larsh said amendments to ex-
cess profits legislation might increase
the 1910 figure.
Before estimated Federal taxes
earnings were S1,313,912 for 1910,
against 1857 ,572 the preceding year.
Total 1910 sales of S5,446,758 rep
resented a 26 per cent increase over
1899.
Pullman, Enc.
Pullman, Inc, railroad equipment
manufacturer and sleeping car
transportation firm, reported 1910
consolidated net income of s7,484.125.
equal to S193 a share, compared
with s4,009,475, or $1.03 a share, in
1899.
Net operating income from sleep
ing and parlor car business
amounted to $2,971 ,306, compared
with s2,630,298 in 1899 while net
manufacturing profit totaled s6,517,-
353, against S418,348 in 1899. The
upswing in manufacturing profits
was the result of the national de-
tense program and war exports,
President David A. Crawford pointed
out. Railroad freight car orders
were the heaviest, with the eXcep-
ton OF 1887, for any year since 1929
while passenger car orders showed
an increase over 1888 and 1899.
Contracts for about $40 900 900
worth of armored tanks, howitzer
mounts, shells and shell forgings
and fabricated aluminium aircraft
parts for the United States and
Britain have been taken by the
manufacturing subsidiary for the
current year.
Coty, Inc.
Coty, Inc. perfumes and toiletries),
reported for 1910 net profit of ST.
013,973, equal to 66 cents a capital
share, compared with S937,61O, or
81 cents a share, in 1899.
1t was the first time since 1880 a
years net profit exceeded S1,0OOO00.
Electric Boat Co.
Electric Boat Co. and subsidiaries
reported for 1910 net profit of 81
174,607 after charges, taxes and
$685. ,654 for refunds under the Vim
son Act, equal to $289 a share on
its capital stock. This compared
with $1,085,516 after deducting 81
766,062 for refunds, equal to S1.44
q rhara ~, 1920