Evening star., 1945-04-10
Business Briefs

American Exports declined from
1901 100000 in January to 1886 0OO,-
900 in February, continuing the
steady drop from the peak of ST.
5000, 900 reached last May, the
Census Bureau reported. Imports
declined from 1892 100000 in Janu-
ary to 1921 900, 900 in February. but
were close to the 1914 monthly aver
age of S326.00O,0OO
Meat Production in the first week
Of April approXimated 249,0OO,0OO
pounds in Federally inspected
plants, compared with 27l 100000 in
he previous week and 361 100000 a
year ago, the War Meat Board esti-
mated
Steel Production of 7.724, 756 tons
any month on record and was eX-
ceeded only by 7,820,226 in March
1914, and 7314.1l7 in October. l943
the American Iron & Steel Institute
announced.
More Planes for Airlines were al
located by the Surplus Property
Board, including: American Airlines
2; Eastern, 3; T. w. A., 2; United. 2;
Pan American, 2; Northwest. l; Chi
cago e. Southern, O. Alaska Air
lines. l.
New York Power & Light Corp.
received high bid of 1918 for $5O,-
100000 of>2a. @ first mortgage bonds,
due in 1875, from Halsey, Stuart e.
Co. and associates. Reoffering was
planned at l02 ?. The firm also reg
istered 240.000 preferred shares with
the SEC to redeem II and g.; pre-
ferred shares.
Graham Paige Motors Corp.
stockholders will vote April 30 on
proposed sale of S50O0,O00 of So
convertible preferred shares to pay
of an RAF loan, retire some Ia
preferred shares and increase work.
ing capital.
United States Steel Corp. reported
aries totaled l.869.642 net tons in
March VS.. 1,562,48 in the previous
month and l,874,795 year ago. First
quarter shipments totaled 5,001 PAS
vs.. 5,361, 1854 year ago.
General Electric Co. orders in the
first quarter totaled 1896, ,466 900 VS..
1891 ,901 900 in the like 1914 period
Aluminium Co. of Canada earned
s10,332, ,318 or $6.38 a share in 1914
VS.. $11,S15,087 or $737 in 1943.
Electrolux Corp. net for 1914 was
S848,962 or SO cents VS.. $456,6 ,634 or
81 cents in the previous year.
Wesson Oil e. Snowdrift Co. profit
for months ended March was ST.
l90,768 or $104 VS.. $1,l57.781 or SO
cents year ago.
Hollinger Consolidated Gold Mines
earned $2,211 ,305 or As cents in 1914
VS.. S3,278,583 or Sc cents in l943.
Stewart Warner Corp. net for
1914 was $1,965,2l8 or $1.54 VS.. ST.
O11,085 or Sl.58 in the previous year
Diamond Shoe Corp. earned $685.
699 or $2.15 in 1914 VS.. $782 1852 or
SITS in 1943
Woodward Iron Co. net for the
first 1945 quarter was $287 1927 or
IS cents VS.. $252,728 or rs cents in
the same 1943 period.
Childs Co. earned $86,402 in jan
uary VS.. $50,995 a year ago.
Montgomery Ward g. Co. sales for
March totaled 5,372,3 1858. a gain of
22.8ee from a year ago. for months
erded March 81, s1lo,l34,279, an in
crease of 212co.
Jewel Tea Co. sales in 4 weeks
ended March "a totaled S4,505, 1884, up
92oe; in II weeks ended the same
date. s13.707 ,929, up 11.7%.
Tide Water Associated Oil Co.
spent SIG 6,615 900 in 1914 for develop
ing properties and produced a record
31,166,000 barrels of crude oil, a gain
OF 1870 over l943. the annual report
said.
Nickel Plate Railroad has cut its
total debt, including equipment OBJ
legations, to s118,553,917. reduction
OF Sal. .789 1884 or 263s since 1896,
stockholders were told.