Evening star., 1944-01-30
Business Briefs

Per Capita Tax Payments In the
United States are 1911 for the fiscal
year 1914, as against 1856 In the
United Kingdom and t21l In Can
ada for the fiscal year 1943, the
Federal Reserve Board reported.
However, per capita incomes in the
three countries are $1,15l, 5000 and
$570, respectively. Per capita taxes
as a percentage of per capita in
comes are thus 800 in the United
States, 1870 In the United Kingdom
and $3.50 in Canada, the board
added.
Flour Nlillers are Worried and
convinced that by midsummer they
will be doing out wheat flour to
bakers and the grocery trade on a
strict ALLEGATION basis, according to
the Wall Street Journal. With a
shortage Of labor and repair parts,
the millers fear they will run shy
OF wheat, too, the Journal stated.
Federal Shipbuilding & Drydock
Co., subsidiary Of United States Steel
Corp, delivered 80 ships worth $500, :
00o, 900 in l943, compared with "a
ships worth $200, ,000, 900 in 1912,
President Lynn H. Korndorf1 re-
yesled.
Jones & Laughlin Steel Corr.
earned s9,5l2,228 or $4.l0 a share
n 1913. compared with $l0,141, 500
or $3.50 share in 1912, according
to a preliminary report before re-
negotiation. Net for DECEMBER
quarter was $2,451, SAT, or SLOT q
share, against $2,671, ,5O4, or $1.21
a share. in the same 1912 period.
Consolidated Gas, Electric Lixh,
4 Power Co. Of Baltimore reported
l943 net earnings Of $685., ,687, OF
$4.4 q share, against $6,178,2 ,286, OF
$40 q share, In 1912. Revenue.
reached a new peak of $51, ,555, ,43s
against $47,359, ,456 in 1912.
Christiana Securities Co., Du Pom
family holding unit, earned $12,.
,787, or $7548 q share, in l943
compared with $l2,374,811, or $3.50
in 1912.
Dome Mines, Ltd. estimated 1874
net profit at $3,045,6 ,622, or $l.56
share, compared with $3,342 1888, O.
$l72 a share, in 1912.
Rudolph Wurlitzer Co. earned
$65s.053, or $l.55 a share, in min,
months ended December 81, com
pared with $367 ,063, or 70 cents
share, In the same 1912 months.
General Steel Castings Corp. direc
tors declared q dividend of $50 ,
share on the preferred, payable Feb
rlary II to holders of record Feb
ruary 8. The firm purchased an,
retired $4,000, 900 Of its first mort
gage 51z per cent series A bonds il
l943. leaving $12,8O0 600 outstandin,
at the close OF the year.
-Sonoro Radio q Television Corr
will expand its distribution of phono
graph records to q Nation-wid
scale. After 18 months Of researcl
and marketing tests the firm ha
contracted with Mutual Broadcast
ing for use Of WOR studios in max
ing all records.
Greyhound Corp. has made al
of1er to stockholders Of Florid
Motor Lines Corp. to acquire al
outstanding capital stock of tina
corporation in exchange for Grey
hound common, with the provis
that at least 80 per cent of the stoc
must be exchanged. The offer /
subject to ICC approval.
National Distillers Products Cor,
notified holders Of its 10-year con
vertible 81 per cent debentures an
7-year 3A per cent sinking fund de
bentures that $500, 900 and $375 ,OO(
respectively, have been drawn by 10
for redemption on March /.
Stewart Warner Corp. has signe
an agreement to sell its refrigerato
and electric range manufacturin
division to Admiral Corp.
National Aviation Corp. reporte,
net assets on December 81 were 81,
OK, ,239, or 1882 a share, agains
$6, 6,746,l40, or $1511 a share, at tn
end Of 1912.
Cramp Shipbuilding Co. appointe,
Karl D. Fernstrom, former vice pres
ident Of the North Carolina Ship
building Co., to the newly create,
post OF vice president in charge O
production.