Salt Lake Telegram | 1932-04-12 | Page 17 | Earnings Report

Earnings Report A financial statement issued today by XI Ti H n. Ballard president of the Southern Suther Call Call- Cal fornia Edison company compan Ltd showed hoed the company earned ered 2252 a common share Ihno fo for twelve months ended Much March 31 31 which con with wih 53 2 a share earned ered for the calender r sear ar 1931 1931 Net profits profit profs after all 11 charges chales Including depreciation and federal federl Income tax ta re reserves rr- rr serves amounted to Af After r preferred dividends of or there is a a balance balanc of available fo for common stock tock shares share totaling Profit Prom of after all cU IU charges chanes for tor 1931 1831 was as reported today by the Anaconda Wire Cable com company pam a a subsidiary of or the tho Anaconda Anaconda An An- Copper Mining company The company com com- puny pany announced d that fixed Inventory wa was written down to 10 t market necessitating an In adjustment of SI which was wu charged against surplus In 1930 the company re reported reported re- re ported net Income of Inspiration Consolidated d Copper company reports for 1931 1831 a net loss logs Ins of after all al charge charees but before depletion compared compare with net profit prof of In lq 11 1930 1030