Evening star., 1942-02-16
National Biscuit Co.
Reports St0;732,137
Net for 1941
Result Foils to EquoI
$ll,l4S,s26 Earned
In Preceding Yeor
Blythe Associated Press.

~ WIG hsooSAutCA EAVo0s
NEW YORK, Feb. 16-National
Biscuit Co. reported today for the
year eneded Dec. 81 net profit of
0,732.137, equal after preferred
dividends and a write-dow of $780,
600 on plants, to $l.37 share on
the common stock. This compared
with $l1.148,826, equal to sl43 a
share after a similar writedown on
plants, equipment and real estate.
Square d. 90.
F. w. Magin, president of Square
D Co., manufacturers of electrical
equipment and aircraft instru-
ments. reported to stockholders
that net income for the year ended
December 81, 194l, was $3,104, ,342
after all charges, including provis-
ion of $7,687 500 for income and
excess profits taxes and of $250,000
for wartime and postwar adjust
ments.
This compared with net income
of $2,023, ,203 after all charges and
Federal taxes for the year ended
December 81, 1910, and was equiva-
lent to $713 share on 42l 800 out
standing common shares, after de-
Quoting dividend requirements on
preferred stock. The 1910 earnings
were equivalent to $4.56 a share.
Stockholders at today's special
meeting voted to increase the COM
pany's authorized common stock
from 100000 to 100000 shares and
to reduce the authorized convertible
preferred stock from 10000 shares
to $4,000 shares.
United Carbon.
United Carbon Co. and subSidi-
aries today reported for 194l net
profit of $1,7l1,547, equal to $3.50
a share, compared with S1,336 .331
or s3.36 a share, in 1910. Plants
are in Louisiana, Montana, Utah
and Texas.
Phoenix Housing Co.
phoenix Hosiery Co. in 194l
earned profit of $546,113 before
deduction of a 100000 reserve for
war-created hazards equal to
$18.37 a share on combined per
cent first and second preferred
stocks, compared with S154,056, or
$5.18 on the combined preferred, in
1910. At the year-end arrears on
the first preferred totaled S35.871a
and on the second, $40 share. Fac
tories are in Milwaukee.
Columbia G.. & E.
Columbia Gas g. Electric Corp
reported for 194l net income of sl0,-
AL ,267 equal after preferred divi-
dend requirements to 80 cents a
common share. compared with S12,-
$40 480. or 50 cents on common, in
1910 The company said net oper-
ating revenues before taxeS) last
year were the largest in its history.
Jewel Tea Co.
Jewel Tea Co, Inc, reported net
earnings for the fiscal year ended
. January 2, 1912, were s1,518,871,
equal after preferred dividend re-
quirements to $3.50 common share,
compared with s1.576,995 or s2.82 a
common share in the preceding fiscal
year
The preferred dividend require
mentS covered the period from Sep
tember Is, 194l, to January q
Union Bag g. Paper.
Union Bag & Paper Corp reported
net earnings for 194l, after pro-
vision for Federal income and ex-
cess profits taxes, were S2,168,313, or
Sl.70 capital share, compared with
$2,134 ,391, or sl68 a share in the
preceding year.
American Brake Shoe.
American Brake Shoe g. Foundry
Co. reported for 1941 net income of
$3,194,872, after all charges, includ-
ing Federal income and excess
profits taxes. This was equal to
1886 common share and compared
with s2,968, ,497, or $349 a share, in
1910.
Colorado Fuel & Iron.
Colorado Fuel g. Iron Corp. re-
ported for the six months ended De-
cember 81 net income of S1,485,6l4
after all charges, including Federal
income and excess profits taxes.
This was equal to S263 a share and
compared with s158,362, or % cents
a share, in the comparable 1910 Pc
riod.
Sharp & DOhme.
Sharp & Dohme, manufacturing
chemists, reported for 1941 net profit
of s1,690,14 equal to Sl.14 a share
on its common stock, compared with
$l,174,902, or 48 cents a share, in
1910.
Sunshine Mining.
Sunshine Mining Co. reported
194l net income amounted to 81
O10,122, equal to $1.35 a share on the
capital stock, against $2,7l4,266, or
81 80 a share in 1Q40