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WALT, STREET JOURNAL
, May'IT* 1935
Monsanto Chemical'GorV- rj
/* ST. LOtiXS--fteporfof Monsanto Chemical
Co; for quarter ended March 31, 1935; subject
to 'audit sboWs net ^'roflt of $757;195 after
depreciation, federal . . taxes,., etc, j&quiyalent
`after 'feubsrdhiriy `^teferre'd /aMdeptC require
ments to g? cents a share on 564,^00, shares
'(par 310/of'capital'stock outstanding.''?'',:
Adding Monsanto's proportion of earnings
of cpntroUe^ subsidiary companies and Includ-*
tag earnings,' for the'.period, of the Swann
corporation, which' was.,, acquired. this month
by merger,'* total net..profit, .for the..three;
toonths was $925,324 after above Charges equal
to 96 .'cents a share._ bn the - 959,554.. shares
which will be outstanding when exchange of
stock occasioned by tee merger la.completed
First quarter;j%et profit for 1934 was $674,
117 or 78 cents. a,share on 864,000 shares then
outstanding.
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... Edgar M. Queeny, president, stated that
operations and sales during first quarter were
at a high level and that cyrrent" sale^ con-'
tinue satisfactory. /~
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