Evening star., 1942-10-30
Standard Brands Net
Cut 10 S4,824,714
In Nine Months
Profit Contrasts With
$6.47S,429 in Same
Period Lost Year
BY the Associated Press.

NEW YORK, Oct. 30. Standard
Brands, Inc, reported today for the
first nine months of 1912 conson-
dated net income of $4,824,714,
equal to 80 cents share on the
common stock. This compared with
$6,478,429. or As cents share, in
the first nine months of 1941.
Net sales in the nine month pe-
riod were $1o3,385, BIT, an increase of
1911 per cent over $50, ,795 ,572 a year
ago. Taxes this year increased to
$5,964 ,652 from $4,664, ,498 last year.
Texas Co.
Texas Co. and subsidiaries lex
cluding European ones) for the nine
months ended September 80 re-
ported earnings of $26, ,458,11 after
charges and provision for Federal
income and excess profits taxes, or
$2.43 share. This compared with
$50,063, ,434, or $3.50 a share, in the
like 1941 period.
Earnings in the current nine
months were after a charge to in
come of $8,0O0,OOO which had been
set aside for contingencies due to
the war.
American Radiator.
American Radiator & Standard
Sanitary Corp. reported for nine
months to September 80 consoh-
dated net income of $3,204, ,233 after
charges and taxes of $4,565 900. This
compared with net of $5,171 ,849
after charges and tax bill of S.
425, 900 in the like months of 1941.
l.. Niagara Share Corp.
Niagara Share Corp. of Maryland,
an investing concern, reported net
assets as of September 80 were equal
to $6.49 for each share of class "B"
common stock, compared with $619
at the end Of June and $3.50 at the
end of September, 1941.
Zonite Products.
Zonite Products Corp. and Cana
dian subsidiaries showed net profit
of $90.641 for the quarter ended
September 30, equal to IL cents a
share, against $94,928, or about II
cents share, in the comparable
quarter of 1941.
American Metals.
American Metals Co., Ltd, and
subsidiaries 80 per cent or more
owned, showed a net profit for the
nine months ended September 80 Of
81 ,699, ,051, equal to $114 a common
share. against 1892 ,329, or SIPS a
common share in the corresponding
period OF last year.
Electrolux Corp.
Electrolux Corp, which made
vacuum cleaners, showed net
profit of $254,049 for the nine
months ended September 30, against
81 ,347,260, or $109 a share reported
for the nine months ended Sep
tember 30, 1941.
Lone Star Cement.
Lone Star Cement Corp. for the
nine months ended September 80
reported net profit of s2,2s1 ,252, af-
ter provision of $4,445 900 for Fed
eral income and excess profits taxes,
or $40 share, compared with ST.
908.358 after providing $2,49l ,128 for
taxes, or $3.07 share, in the like
1941 period.
Standard Cap & Seal.
Standard Cap & Seal Corp. re-
ported net income of $244.094, or
So cents common share, for the
nine months ended September 30,
against $229,976, or Al cents a COM
mon share, in the like 1941 nine
months.
Consolidated Gas.
Consolidated Gas. Electric Light
& Power Co. of Baltimore reported
net income during three months
ended September 80 was S1,23l ,424,
against 81 ,469 ,235 in the correspond
ing 1941 quarter.
For IL months ended September
80 the company reported a net in
come of $6,288,171, equivalent after
preferred dividends to $429 per
common share, compared with $6,-
345, ,412, or $434 on the common in
the IL months ended September 30,
1941.