Evening star., 1945-06-04
Business Briefs

One Good Hot Spell would clear
out the Nations supply of straw
hats, declared Warren s. Smith,
secretary of the Hat Institute. Lack
Of Oriental braid used for HARD
straws has caused the shortage, he
said.
Net Railway Incomes of class !
carriers in April Appropriated s54,-
100000 VS.. S48,o33,277 a year ago
the Association of American Rail-
roads estimated. Nets for the first
4 months of 1o45 approximated
Sl96,ooo,000 VS.. sl96,254,254 a year
ago.
Southern Construction contracts
in the first months of this year
showed an increase in value of 47T
over year ago, the Manufacturers
Record reported. INDUSTRIAL con-
stuction has dominated the picture
so far this year.
Westing & house Electric Corp
earned S4,007,815 or 81 cents a
share in the March quarter VS.. s4,-
516,092 or IS cents a year ago.
Consolidated Gas Utilities Corp
profit for the quarter ended Apri
30 was S389,814 or A cents VS.. $780,.
$50 or 35 cents in the same perioe
last year.
Parker Rust-Proof Co. earned
$42l,514 or SO cents in month.
ended March 81 vs. $47l,133 or S1.1(
year ago.
American Zinc, Lead g. Smelling
Co. net for the March quarter was
sl50.730 or 8 cents VS.. $l4S,124 or 8
cents in the same 1914 period.
Brillo Mfg. Co. earned $63,552 or
SO cents in the quarter VS.. $33, ,8Ol
or l8 cents a year ago.
California Packing Co. net for u
months ended February % was So
l39,321 or $310 VS.. $3,7S3 ,4O3 or
s3.76 in the preceding fiscal period
New York State Electric e. Gas
Corp. earned S1577,249 in the March
quarter VS.. 81 .621 ,430 a year ago.
w. F. Hall Printing Co. net for Il
months ended March 81 was $1,158,-
207 or $2.s8 VS.. $1,031 ,761 or s2.66 in
the preceding fiscal period.
Pitney- -Bowes Postage Meter Co
earned $486,116 or SO cents in IL
months ended March 81 VS.. $495, ,O8t
or 55 cents in the previous year.
General Phoenix Corp. profit fol
six months ended March 81 wa.
$164, 1886 or $1.28 on combined A anc
common stocks VS.. $l23,615 or $40.
a year earlier.
Virginia Carolina Chemical Corp
purchased for $4,000, 900 cash sg.39;
of the capital stock and all 81 deb
entures of Phosphate Mining Co
which operates in Florida.
Motor Wheel Corp. sold all asset
of its Southern division to Nationa
Distillers Corp. They included plant
at Memphis, Kirkwood, Mo-, an,
Jonesboro, III.
American Light g. Traction Corr
was notified the SEC would propos
its own liquidation plan for tn
company, If the commissions orde
of August S, l94l, was not compile,
with in 80 days.
Chrysler Corp. announced its D
Soto division had developed a ne,
Buna-N type synthetic rubber scale
being used in production of nose
sections, engine cowlings and win
edges for B-29 bombers.
-AtuuhC VCSt wi r. odlC vi C0IIllIlOI
stock of Arkansas-Missouri Powe
Co. to Gus B. Walton for 1925 ,00
and common stock. of Missouri Edi
son Co. to L. F. Rodgers for $285 90,
was approved by the SEC.
Engineers Public Service Co. sal
OF all securities of Missouri Servic
Co. to ]. Leo Scanlon of Buffalo fo
$750,000 was approved by the SEC
Columbia Recording Corp. elected
Mefford R. Runyon executive vic,
president and director.
General oMtors Corp. appointed
John G. Wood chief engineer of it
Chevrolet division.
General Electric Co. elected Alex
ander c. Nagle to the board. He i
president Of the First National Banl
OF New York.