Evening star., 1945-04-30
Business Briefs
Too Much Rubber will becon

100 MUCH RUBBER WILL become an
acute problem after liberation of the
Malayan and East Indian rubber
growing areas, declared Chairman P
w Litchfeld of Goodyear Tire &,
Rubber Co.
Registrations of Trucks and COM
mercial vehicles totaled 4,3e3,-
800 in 1914, a decline of only 15S,-
397 since 1941, r.. L. Polk & Co
announced. Passenger car registra.
tlons have declined much faster, to-
falling 24,048,711 in July, 1914, VS.
27,700,01l before the war.
Virginia Electric e. Power Co. re-
ceived high bid of 1008229 fol-
S59,000,O00 of "a % bonds from Stone
& Webster and Blodgett. Reofferine
was planned at 1919.
North West Utilities Co. received a
high bid of 2116 for 133,500 of its
common shares from Blyth & Co
Reoffering was planned at 22l2.
Kings County Lighting Co. asked
SEC permission to issue 81 200 900 o1
$40 first mortgage bonds. due 1875
for private sale at not less than 100
Standard Oil Co. Gndiana) de.
clared a regular cash dividend of q
cents and advanced payment date
1or income tax purposes to June II
National Steel Corp. earned 3d.
429 1888 or $1.55 share in the March
quarter VS.. $2,550, 143 or $115 a year
ago.
Standard Brands, Inc, net for the
March quarter was $2,699, 400 or 7e
cents VS.. $2,163 ,519 or 81 cents in the
same 1914 period.
Consolidated Gas Electric Light &
Power Co. of Baltimore reported
profit of $1,847,551 or $131 in the
quarter VS.. 81 ,688, ,295 or SLIT in the
same 1914 quarter.
Household Finance Corp. earned
$1,177,666 or A cents in. the March
quarter VS.. $1,098,041 or 40 cents a
year ago.
Sylvania Electric Products, Inc.
profit for the quarter was S729,031
or 73 cents VS.. SAIL or So cents
on fewer shares in the same period
last year.
Canada Dry Ginger Ale, Inc,
earned $729,829 or SLIP in six
months ended March 81 VS. $780,
SAL or $1.04 a year ago.. 80 ~,
Noblitt- Sparks Industries, Inc.
net for the March quarter was
S452,337 or $152 VS.. 1924, 1886 or $1.37
in the same 1914 period.
Gtmbel Brothers, Inc, earned S.
086,826 or $409 in IL months ended
January 81 VS.. $4,168, ,104 or 1912 in
the previous fiscal period.
HARRISON Walker RefractOries
profit for the March quarter was
$405 500 or 81 cents VS.. $424, 900 OF
% cents in the same period last year
Calumet G. Hecla Consolidated
Copper Co. earned $3.50 ,O69 or 1s
cents in the March quarter VS.. $780,
181 or 10 cents year ago.
Hazel-Atlas Glass Co. net for the
quarter was s471.615 or $1.09 VS.
S517,912 or $l.19 IN the same 1914
period.
Lion Oil Refining Co. earned $685..
l91 or 81 cents in the quarter VS.
1924, ,431 or SO cents year ago.
Pittsburgh Screw & Bolt Co. profit
for the quarter was s255, GOT or II
cents VS.. $233, ,495 or Is cents in the
same 1914 period.
Simonds Saw & Steel Co. earned
$337,744 or 81 cents in the quarter
VS.. 1851 ,094 or 70 cents year ago.
ingalls, Shipbuilding Corp. will en-.
ter the railroad locomotive manu-.
featuring field. Construction of 6
1900 horsepower diesel locomotive
will start next month.
E. 1. du Pont. de Nemours com.
pleted a new unit at its. Louisville
neoprene synthetic rubber plant al
a cost of 100000, raising capacity
to 10000 tons year.
Bell Telephone Laboratories an
nounsed retirement of John Mill.
as director of publications.
Iron Fireman Mfg. Co. elected T
H. Banfleld president and Frank S
Hecox director, vice president and
treasurer. .....--..