NIACET PRODUCTS MANGANESE ACETATE For the manufacture of paint and varnish driers; for mordants in textile and leather dyeing; and as a catalyst in various organic syntheses. COPPER ACETATE (free flowing, non dusting) For the manufacture of paint, varnish and lacquer pigments; linoleum and oil cloth; inks; insecticides and fungicides; wallpaper; and as a mordant in the dyeing of furs and textiles. VINYL A C E T A T E For the preparation of poly vinyl acetate, alcohol, and acetal resins and emulsions ; rubber substitutes; synthesis of sulfathiazol and vitamin Bi. ACETONITRILE For the preparation of acetamidine, vitamin Bi, and other synthetic organic chemicals. A solvent for practically all non-parafiine compounds. For further write
information to
action of sun, rain, thermal shock with
ANNTJAL E A R N I N G S
Giiddcn C o . Hercules Powder Co. Hooker Electrochemical Co. Norwaik Tire & Rubber Co. West Virginia Pulp & Paper Co.
1941
194£
S3.01O.39O 6,098,712 1,182,511 89,071 4,270,312
S 1,853.752 5,546,980 1,442,390 142,350 2,589,248
P E R COMMON SHARE
1941 S3.08 4.23 3.35 0.29 3.70
1942 $1.70 3.81 4.13 0.55 1.83
N I N E MONTHS' E A R N I X G S
11,907,399
Aluminium, Ltd.
15.46
Six MOUSTTHS' E A R N I N G S
Lehn & F i n k Products Corp. Procter & Gamble Co.
348,387 13,015,305
Although the chemical industry l a s t year registered big gains i n sales, net i n come of the companies on t h e whole were smaller in 1942 than in 1941 because o f higher taxes and operating costs, accordi n g to the WaU Street Journal. The chemical industry, which h a s shown phenomenal gains in sales as a result of t h e war, ranks among the few major industries which stand a good chance of holding most of this increased volume after the warSales gains in the industry are typified by d u Pont, which showed a gain of 6 6 2/s p e r cent from 1940 to 1941, while Dow a n d Hercules more than doubled sales in t h e same period. No major plant expansion is likely during the first part of 1943, b e cause of shortages of materials, and v o l u m e during 1943 is unlikely to show very large gains over the 1941-42 level. In t h e fiscal year ended October 3 1 , 1942, t h e Glidden Co. established a n e w sales record o f $81,705,731, 18.6 p e r c e n t above the peak of the previous yeax. Federal normal income and surtaxes for t h e year ended October 1, 1942, amounted t o $1,090,000 and excess profits tax t o $1,062,000, compared with $990,000 and
Safety Drum Opener
350,948 10,194,515
0.87 1.98
0.87 1.54
S 15,000 for the previous year. Indications are that all plants will be operated at capacity during t h e coming year. During the year ended December 31, 1942, t h e Hercules Powder Co. produced §57,909,000 of war materials, principally military explosives, in government-owned ordnance works. Net sales and operating revenues increased 34 per cent over 1941 a n d were approximately three times the prewar level. The company supervised t h e construction of $188,219,000 of United States war plant facilities during the year, and additional facilities being constructed under the company's supervision are scheduled for completion during 1943. T h e construction program for regular Unes o f business h a d to be reduced, but approximately $3,159,000 was expended for plant extensions and improvements. Employment of 33,000 represents an increase o f about 13,000 over the preceding year, a n d is more t h a n five times the prewar level. A t the end of 1942, 17 per cent of a l l employees were women, compared with 7 per cent in 1941. Approximately S2,012,O00 was spent for research during t h e year.
Brighton, Penna., for cyanide hardening of tool steel products. It is also suitable for regular thermal hardening. Its operating temperature is 1650° F. In addition, its high-precision controls permit operation of t h e furnace at low temperatures for tempering.
A SAFETY drum opener, designed to s a v e time a n d reduce the hazards in opening light a n d medium weight drums, h a s been designed by the Industrial Products Co., 2820 North Fourth St., Philadelphia, Penna.
Pot-Type Salt Bath Furnace A NEW electric pot-type furnace, known as the Falcon high-temperature salt bath furnace, has been developed b y H. O . Swoboda, Inc., I l l 13th St., N e w
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