Evening star., 1944-03-08
Business Briefs

Electr1c rover production in the
week ended March rose slightly
to 4,464 686, 900 kilowatt hours, COM
pared with 4,444 ,939 900 in the pre-
vious week, and was 1870 above
3,946 $1,000 in the like 1943 period,
reported the Edison Electric Insti-
tute.
January Retail Sales approxi-
mated $4,953 100000, a gain of 11eo
over a year ago, the Commerce De-
partment estimated. The depart
ment's adjusted index reached a
new high of 1799o of the 1935-1939
average.
Consumption of Textile Fibers in
the United States aggregated $780,
100000 pounds in 1943, a drop of
48T from 6,848 2O0,o 900 in 1912, ac-
cording to Rayon Organon Of the
1943 total, 80.3f6 was cotton. 1919
was rayon and $50 was wool.
United Cigar Whelan Stores Corp.
directors approved a recapitaliza-
ton plan that would take care of
around S25 share of back preferred
dividends. Holders would be offered
new prior $40 preferred stock, on
the basis of five for each old share,
plus 81 cash. Stockholders will vote
March %.
Atlantic Refining Co. earned $10,-
687,828 or 1919 a share in 1943, COM
pared with $6,800,002 or 50 33 in 1912.
S. S. Kresge Co. reported 1943 net
of $8,476,875 or $1.54 a share, after
reserve of $1,256,0OO for postwar
contingencies, compared with 1912
profit of $7,982,281 or S145. Febru-
airy sales were S14,500,198, or 42%
above year ago: two months sales,
S28,231 ,791, up 49e6.
Link Co. net for 1943 was
S2,434,410 or $3.15 a share VS.. S2,472,-
500 or 1921 in the previous year.
Bucyrus-Erie Co. earned So, ,104, 797
of S1.39 a share in 1943, compared
with Sl683 1896 or S1O4 in 1912.
Simonds Saw & Steel Co. earned
Sl,6l8,383 or 1925 a share in 1943
against 81 ,802,65 or 1882 in the pre-
ceding year.
Hewitt Rubber Corp. net for 1943
was S611,883 or 1884 share VS..
1912 profit of $442,543 or $2.65.
Belden Mfg. Co. net for l943 was
$430,584 or $1.78 a share against
S459,247 or $1.90 in 1912.
F. w. Woolworth Co. reported
February sales of $30,979, ,319 against
S30,965,1 year ago; two months
sales of $60,372, ,422 VS.. $606O4,512 a
year ago.
S. H. Kress & Co. sales in Feb
ruary were $8,998,745 against So
750,l32 in February, 1943
Lerner Stores Corp. sales for Feb
ruary were $4,889,178. a decline of
9.79o from year ago.
w. T. Grant Co. sales for Feb
ruary totaled $9,983,809, against
S10,447,163 year ago; two months
sales, S19,460,678 against $19,829, ,O03
a year ago.
Interstate Department Store sales
in February totaled So, ,40Q,764, drop
of 1870 from February, 1943.
Colonial Stores reported sales in
four weeks ended February 26 were
$7,180,771, gain of 80 per cent
over year ago; for two months
ended the same date, $14,323, ,060, an
increase of 6.1%.
KrOger Grocery g. Baking Co. sales
for four weeks ended February 26
were $32, 2,406,986, a drop of 2.6%
from a year ago; for eight weeks
ended the same date, $64 ,907 1853, a
gain of 1876.
Pennsylvania Central Airlines re-
ported revenue plane-miles in jan
uary were 469o above a year ago;
passengers carried increased 83%;
mail was up $50, while express in
creased 97Go.
Chesapeake & Ohio Railway Co.
awarded contracts for 5000 fifty-ton
all-steel hopper coal cars at an es-
timated cost of $l3,000,o0