Monday, Feb. 20, 1928

More Earnings

Many an investor was reassured of his sound financial sense last week when more corporations announced their earnings.

Standard Sanitary Mfg. Co. (Model T,* in black, white, or one of seven pastel shades)--$7,820,012. Previous year: $7,761,052. Expansion in 1928 will include manufacturing plants in Europe.

Fleischmann Co. ("Daily I suffered . . ." testimonials from Spokane to Halifax) reported highest sales, highest earnings, $19,423,595. Previous year: $18,464,578.

Coca-Cola Co. ("Eight million a day") reported largest sales in its history. Earnings: $9,163,155. Previous year: $8,403,653

Gotham Silk Hosiery (A wide gamut of poetically named stockings)--$3.697,452. Previous year: $2,879,408.

Auburn Automobile Co. ("Powered by Lycoming" motors)--$1,278,532. Previous year (eleven months): $943,262.

Continental Can Co. (Second only to American Can Go. in manufacture of cans for foods, paints, talcum powders, etc.)-- $4,438,646. Previous year: $3,784,184.

Certainteed Products Corp. (roofing and flooring materials)--$2,340,333. Previous year: $2,334,828.

Conde Nast Publications (Vogue, Vanity Fair, House & Garden)--$1,232,781. Previous year: $1,011,240.

Bon Ami Co. ("Cake and powder, partners in cleanliness")--$1,157,503. Previous year: $1,050,393.

Congress Cigar Co. (La Palina)-- $3,184,785. Previous year: $2,477,156.

Canada Dry Ginger Ale, Inc. (for tingling drinks) $2,350,000. Previous year: $1,736,298.

Coty Inc. (Chypre, L'Origan perfumes; powders)--$3,341,189. Previous year: $2,943,484.

Parke, Davis & Co. (Detroit pharmaceutists)--$7,315,365. Previous year: $7,124,699.

However, not all companies made profits last year. Slackened business was one reason; extension of plants and sales effort another.

Standard Oil Co. of New York (Socony gasoline and motor oil)--$16,000,000, plus. Previous year: $32,776,502. Reason for difference: price slumps in crude oil and gasoline resulting from overproduction.

Baldwin Locomotive Works (Largest such)--$2,442,199. Previous year: $5,883,907.

Republic Iron & Steel Co. (now being merged with the Trumbull Steel Co.)-- $3,018,282. Previous year: $5,065,022.

Jones & Laughlin Steel Corp. (third largest U. S. steel corporation)--$11,238,939. Previous year: $15,149,094.

Eureka Vacuum Cleaner Co. (The 2.000,000th cleaner, gilded and jeweled, was assembled in December)--$1,806,198. Previous year: $1,879,396.

The Wahl Co. (writing and manicuring instruments.)--$120,641. Previous year: $165,567.

U. S. Gypsum Co. (flooring materials, partitions, wall boards)--$7,538,508. Previous year: $8,375,747.

*Not to be confused with Ford's quasi-extinct Model T. Standard Sanitary's is a kitchen sink.