Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-19


American Brake shc~ and Foundry Com
pAny shows June quarter net profit OF
s5e2. SIS. after federal income and excess
profits taxes Of 81. il5. 900. including $40. =
900 additional taxes for the first quarter
Net is equal 20 so cents a share on com
mon. This compares with a net profit Of
ssf5,O7i. or IS cents on common in the
June quarter OF 1910, when federal taxes
OF 1857 900 were provided.
Condo Mast Publications, Inc, and do
nestle subsidiaries report for the six months
ended June 30 net profit OF sl37, $50
after provision OF Sl07 $50 for depreciation
and s63.0sl for federal income taxes The
share For the eorrssponding period Of 1870
consolidated domestic net profit Was $50 :
7sf after provision Of sos. $50 for depre-
citation and s34.777 for federal income
taxes. Net for that period was equal to 81
cents share.
H~hish Nsiiey Coal Corporation re ports
FOR the June quarter proht Of $50 40
exclusive Of provision for federal ineom.
and excess profits taxes. against a loss of
Sso.275 in the 1870 quarter
bsyuk Cigars. Inc, and wholly owned
subsidiaries report for the six months
ended June 30. net profit Of s76t 4sl
after depreciation. amortization. federal
and state income taxes and federal excess
profits tax. equal. after dividend require
nents on J per cent preferred stock. 10
revised net proht In the hrst half Of
1870 Of xs77.l3s after giving effect 70 the
revenue acts Of 1910 and the 1881 amend.
nene to The excess profits tax provisions.
equai TO Wis a common share.
Warner 4 Swasey Company and subsid.
iary report for the quarter ended June 30.
net profit OF 81. 2s3. 35s after federal
taxes including an allowance for possible
additional taxes and contingencies equal
! 70 81 IS common shsre against SLIPS,
oil or 81 80 a share in the June quarter
OF 1870, and 81 o4O. or or si27 a share
IN the quarter ended March 81, is4l.
Bliss 4 Laughiin. Inc, disclose for In.
six months ended June 30. net proht Of
S42f 2es after estimated federal income and
excess profr taxes, equal. after preferred
share. Q, eommon' In the sis months MOI tSs
ended June 30. 1910. the company had a
net proht Of S3<s2is equal TO 81 20 a
share on 2s2,534 common shares.
ares, excluding Cromwell-Franklin oil
Company. report for the six months ended
June 30 net profit OF sl45 $50 after
leases and rentals paid. depreciation de-
pleiion, interest and federal income and
excess profits taxes. equal after six
months dividend requirements on 81 s45
shares OF 81 20 preference stock outstand-
ing Al the close of the period 10 IS cents
a share on 33s. 0s5 shares Of common This
compares with net loss OF sis 333 in the
first half OF 1890
Gabriel Company shows for the six
months ended June 80 net profit OF
So. ssi after federal income taxes etc
equal - II cents a share. against net
loss OF S3l,4ls In the first half OF 1910.
Lane bryant. Inc. reports for the fiscal
year ended May 81 a net profit Of S4I5 d.
S54 after federal income taxes and pro-
vision Of $50, 900 for excess profits taxes
equal. after dividend requirements on !
per cent preferred. 10 81 SIS common
share. sgains, s21s. AT or 81 - a common
share In the preceding year.
Exchange Buffet Corporation shows for
the year ended April 30 net loss Of Sill
$50. compared with a net loss of ti25 e46
In the preceding year.
Oklahoma Natural Gas Company reports
for the II months ended June 30 net
income OF 81. 4ss. SIS after federal income
taxes. etc. equal. after preferred dividend
requirements. 10 So - common share
against 81, SIS. sos or 50 SO a common share