Evening star., 1942-07-27
Pennsylvania Line
Also Reports
Big Goin
Fy the Associated Press.

increase Of $6,61l,129. or. 34.18 per
cent, over the same month q year
ago.
The net income for June, 1942,
after providing for amortization Of
defense projects, accrual for Federal
income taxes, and fixed charges, In
cluding all interest, was 1919, ,120,
the report said. This compared to
So, 1884 ,203 net income for June, 194l.
For the first six months Of 1912
operating revenues totaled $780,
975, $50. an increase of $35,6l4,3 ,309,
or 3413 per cent over the same
period in 1941. Net income for the
first six months this year was
$12,559,527. an increase Of $3,689. TOT,
or 41.60 per cent over the l941
period.
Pennsylvania r. r.
The Pennsylvania Railroad Co.
reported today net railway operat-
ing income Of $13,694, ,527 for June,
an increase of $3,604,9l1 over that
for the same month last year.
For the firSt six months OF 1042,
net railway operating income was
$47, ,972,015, an increase of $5.292, ,705
over the corresponding period in
1941.
c. B. 4 Q. Railroad.
Chicago, Burlington & Quincy
Railroad reported net income Of
$7,081 ,422, or $4.15 common share,
for the six months ended June 80,
1912. against net income of 81, ,971 go,
or sl.74 q common share, In the
corresponding 1941 period.
Illinois Central.
Illinois Central Railroad reported
net income of $9,267 ,242, equal to
$6.41 comman share, for the six
months ended June 80, 1912, against
net income of $5,315, ,323, or $3.50 .
common share in the same 1941
months.
Norfolk 4 Western.
The Norfolk A Western Railway
Co. reported today a net income Of
s., ,232 ,428.50 for the first six months
Of 1912, decline Of $4,753, ,140.02, or
339 per cent, from the correspond
ing 1941 figure.
The report showed earnings Of
1924 per share Of common stock
for the first half, against 1852 for
the same period In 1941.
Atlas Powder.
The Atlas Powder Co. reported
net profit of $666,503. equal to
$194 per share of common stock,
for the first six months of 1912,
compared to net profit of $93s, ITO,
equal to $304 q share, for the same
period of 1941.
Operating revenues for the first
six months Of this year amounted
to 81, ,706.o82. They totaled 3l6,-
0S7, ,722 for the first half Of 1041.
Union Carbide.
The Union Carbide Il Carbon
Corp. reported today for the quarter
ended June 80 net income Of ST.
Gil $50 after provision Of $lo,OlO,2l8
for income and excess profits taxes.
The quarters profit was equal to
50 cents q share and compared with
$9,416,3O4, or 9l.01 q share for the
first quarter Of this year and $1O,-
796 .4o0. or $l63 a share in the
June quarter Of last year.
Pillsbury Mills.
The report Of the Pillsbury Flour
Mills Co. for the fiscal year ended
May 81, showed net earnings Of
81 ,040 ,082, equal to $1S9 a share.
In the preceding fiscal period the
profit was equal to $1.47 . share.
Bower Bearing Co.
Bower Roller Bearing Co. report
ed for the first six months net profit
Of $408, $50, equal to 81 .36 a common
share. against $3.50, ,869. or $219 a
share, In the first half of 194l.
Cutler Hammer, Inc.
Cutler Hammer, Inc, reported for
six months ended June 30 net profit
of $552,633. equal to SO cents q cap
ital share. compared with $512,OO2,
or 70 cents, in the like period last
year.
United Cigar.
United Cigar-Whelan Stores Corp.
reported for six months ended June
80 net profit Of 1926, ,079. equal to
$512 . share on the IS preferred
stock, In arrears, compared with net
loss of sos 1888 in the first half Of
1941..
Anaconda Wire & Cable.
Anaconda Wire q Gable Co. re-
ported for six months to june 30
net profit Of 3865 ,O43, equal to $2O5
share on the capital stock COM
pared with $1,4l0,519, or 1884 q
share, in the like months Of lo41.
The company's Federal income and
excess profits taxes In the tirst
half of this year amounted to g.
589, ,068. compared with 1855 ,o56
last year.
Studebaker Corp.
The Studebaker Corp. reported net
profit in the June quarter of 1895 ,246,
equal to 81 cents a capital share,
against $l.133,41s, or 81 cents q
share, In the comparable 194l quar-
ter.
Bliss 4 Laughlin.
Bliss & Laughlin, Inc, manufac-
turers Of steel products, reported net
income of 1904 ,832, or SLIP q COM
mon share for the six months ended
June 80. compared with net income
Of $4l7,934. or $l.56 a common
share in the same period of last year
Company plants are located at
Harvey, ILL.,, and Buffalo, N. Y.
McGraw- Hill.
McGraw-Hil Publishing Co. and
subsidiaries reported net profit for
the quarter ended June 80 was $116,-
Ill, equal to 20 cents q share, COM
pared with $249 ,207, or Al cents 4
share In the corresponding 1o41
quarter Net for the first quarter
this year was set ut 1912 1852, or. 50
cents q share.
General Printing Ink.
! General Printing Ink Corp and
subsidiaries showed a net profit for
the first six months of the year OF
$2l3, ,007, equal after preferred divi-
dend requirements to IS cents a