Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-07
Earnings

American water WORKS flect1c Co.,
Inc. and its subsidiaries for the II
months ended March 81 report a net in
come before specia tax adjustment Of
81 q5s. s23 or IS cents share on the
common stock. Including 1887 ,o62 tax ad-
justment credit for the period, net income
vas SO s23.ss5 or S11 on common. For
the preceding ~ months revised net in
come before special adjustment, was So
III 243 or S1o7 on common. Including
S2ll,l33 tax adjustment credit for this
period. net income was So, ,376 or sl.le
on common.
Lone star Gas Corp. and It's subsidiaries
for the quarter ended March 81. report a
net income Of 1879 s3s. equal 20 10 cents
share on the common stock. against
s. soc, 47e or S. cents a common share in
the first quarter Of 1912.
American Distilling 60. for the six
months ended March 81 report net profit
lof SIS, 7s9, after provision Of 81. 504 6O7
for federal taxes ana Si25 600 reserve for
contingencies or 50 20 share on the com
mon. In March quarter net profit was
S39s.2ta or Sl5i on the common ana in
December quarter last year vas 1919, SAL
or sl1e on the common.
Chiids Go. and its subsidiaries for the
quarter ended March 81 report a net profit
NJ Sl73.310 equal 70 81 50 a share on the
s. preferred on which unpaid accumulated
dividends amounted 10 81 per share At
close II 1882. This compares with net
loss n S24 $50 for the quarter ended
March 81, 1912.
Rritol- Myers 60. and its subsidiaries In n
tentative report for the March quarter
show a net profit Including 500 ISL post
war refund on excess profits taxes. ~
s735 2li or Si.10 a share against consoli-
dated net profit Of S6ss 1l3 or 81 03 a
snare in rs 1912 quarter.
Federal water a Gas Corp. and ns
subsidiaries for the II months ended March
81 report nst income Of 81. s3s i3e.
agains' s. ~ 2s4 n the preceding II
months.
Continental Diamond Fiber co. and n.
wholly owned domestic subsidiaries for the
March quarter report subject % re-
negotiation Of war contracts a net profit
% Sl65 $50 after provision Of S25 600 FOR
contingencies or 81 cents snare lr
March quarter last year net profit after
S25 600 for contingencies, was Sio6 9l2 or
- cents a share.
city stores 60. and its subsidiaries for
the fiscal year. ended January 81 report a
the common against 81 f0s IFS or SI.l6
on the common in the preceding year.
General steel Castings Corp. for tho
quarter ended March 81 reports a consoil.
dated net profit 81 $3.50 ti4 after reserve
for contingencies. provision ~ 3 t3f 0OO
FOR federal and state income taxes and tor
federal excess profits TAX amer deducfinE
S3la 600 postwar credit Set s equal n
s. 50 share On the cumulative preferred
on which back dividends amounted 70
S. so share. This compares with S7s5
327 Or s. IS a share on ne preferred for
ne March quarter ~ l942
Simonds Saw and steel CO. reports
March quarter consolidated rs' profit n
S3a5 20 after provision Of 81 ass 600 fcr
federal and Canadian income and excess
credit Nof $751; 500 on excess profits taxes
Se' IS 'equelH1 70 cents a share In Mar~h
quarter LAST year net prodA after 81 as loo
federal tax provision, was $685. esq or n
cents a share
Maracaibo On Exploration Corp for the
quarter rnied March 81 rep7Cts a net profit
The quarter ended March ~ 1912 PROFIT
Was Sii i3i after charges. nut before fed
eral income taxes
General American Transportation Corp
and rs subsidiaries for ne AFTER ended
March 81 report ne' profit n 1925 az
after 81 sSl 600 for federal income and
cents a share. against Ss27 SOS or 80 cents
share for me March quarter 81 1912
When federal tax provision amounted %
81. 672 il7
General Telephone Corp. and it, subsidi-
aries fer the IL months ended Nsrch 81
report re- income ~ 81 sT3ios squAi q
psfss win s2,o2G772 i6r 81 81 q common
,ss5s IN the u months ended March 81.