Monday, Aug. 27, 1928
Profits & Losses
Early reports of U.S. business for the six months ending June 30 showed generally increasing profits. But subsequent reports show a large, though not alarming number of losses during the half year. The following list is by no means complete, only a good cross section of the later reports.
Profits were less for:
American Seating Co. (auditorium furnishers): $36,951 against $236,870 for same period last year.
Briggs Mfg. Co. (closed motor car bodies): $2,053,553 against $3,033,281.
Butterick Co. (magazines & fashions): $432,227 against $496,648.
Certain-Teed Products Corp. (building materials): $40,556 against $1,125,572.
Cluett, Peabody & Co. (whose newest collar is called Times): $657,972 against $1,199,148.
Eureka Vacuum Cleaner Co. (medal winner in international competition 1927): $505,553 against $761,629.
Phillips-Jones Corp. (first soft-collar makers): $249,206 against $309,595.
Pullman, Inc. (sleeping cars): $3,874,418 against $4,635,085.
U. S. Distributing Corp. (commodities delivered by barge and truck; money by armored car) : $286,769 against $446,845.
U. S. Gypsum-Co. (building materials) : $3,334,487 against $3,982,308,
Western Union Telegraph (communications, the operating company): $7,328,892 against $7,377,915.
Yale & Towne Mfg. Co. (locks, builder's hardware): $824,879 against $1,060,288.
Profits increased for:
Bendix Corp. (brakes): $1,393,907 against $550,835 for same period last year.
Bon Ami Co. (whose imaging chick has never scratched yet): $636,391 against $607,914.
Coty, Inc. (insidious perfumes, aggressive cosmetics): $1,500,552 against $1,055,723.
International Paper Co. (biggest): $3,073,009 against $2,407,253.
U. S. Fidelity & Guaranty Co. (crook's bugaboo) : $3,249,367 against $1,078,043.