Evening star., 1945-04-29
Business Briefs
General Business Activity

DOSt15OS0 DS5O1
General Business Activity remains
unchanged, according to the index
of Business Week, which stood at
1855 in the last week, same as in
the previous week, and compared
with 1888 a month ago, 1905 six
months ago and 1897 year ago.
New York Power g. Light Corp.
invited bids to be opened May 8 for
the purchase of 100000 shares of
new cumulative preferred stock of
500 par value. Proceeds will be
used to redeem So and 79S prefer
red shares.
United States Plywood Corp.
stockholders approved an increase
in authorized common stock from
$4,000 to 10000 shares of 81 par.
Holders will receive new share for
each presently held and 100000 will
be offered to the public.
American Box Board Corp. regis
tered with the SEC $1,750,000 of 90
year Az % convertible debentures of
which $1,103,000 will be sold to un-.
derwriterS.
Panhandle Eastern Pipe Line Co.
notified the Ohio Utilities Commits
sion it plans a $10,000,000 improve
ment program, of which $3.50 900
will be spent in that State, to in
crease deliveries of natural gas to
Cleveland, Detroit and other war
centers.
Railroad Earnings for the first
quarter and year ago: Denver, Rio
Grande Western, 81 ,904, ,583 VS.. ST.
552,884; Great Northern, $1,623,824
VS.. s2,007 1888; Chicago g. Great
Western, $468,821 VS.. s575,867; Le-
high Valley, s1,790,318 deficit VS..
S723 ,246 profit.
Philco Corp. earned $685. ,455 or
$2.37 a share in 1914 VS.. S3,573569
or $3.50 in 1943. Sales of S152 1888 ,250
were 3lI above 1943.
Electric Boat Co. net for 1914 was
S2,974713 or $414 VS.. $3,296,739 or
s4.59 in the previous year.
American Home Products Corp.
earned 1892 1923 or $123 in the
March quarter VS.. 81 ,202 ,685 or s126
a year ago.
Otis Elevator Co. net for the quar-
ter was $703,693 or 80 cents VS..
$637 1893 or 27 cents in the same
1914 period.
Lambert Co. earned $698,415 or 90
cents in the quarter VS.. $606,973 or
81 cents year ago.
Lone Star Cement Corp. net for
the quarter was s420,266 or "A cents
VS.. .s458 ,226 or 48 cents in the same
1914 period.
Western Auto Supply Co. mis-
sourD earned S138.470 or l8 cents in
the quarter VS.. loss of S310,353 a
year ago.
Island Creek Coal Co. net for the
quarter was $483,306 or 76 cents VS..
$534 300 or "a cents in the same
period last year.
Colts Patent Fire Arms Mfg. Co.
earned 100000 before taxes, in the
first IL weeks of l945 VS.. a loss of
$485 900 year ago.
| National Cylinder Gas Co. net for
the quarter was S366,ll8 or Is cents
VS.. s359,6l2 or q cents in the same
1914 period.
American Bank Note Co. earned
S3l8,4l1 or SO cents in the quarter VS..
$266,670 or 80 cents year ago.
Bausch g. Lomb Optical Co. profit
for the quarter was s311, ,036 or go
cents VS.. $267, $40 or so cents in the
same 1914 period.
| Westvaco Chlorine Products Corp.
earned 1896, 1913 or 56 cents in the
quarter VS.. S271.72l or So cents a
year ago.
Yale e. Towne Mfg. Co. net for
the quarter was S287 ,28O or 50 cents
VS.. s286,ll7 or SO cents in the same
1914 period.
Parmelee Transportation Co.
earned 1852 ,201 or SO cents in the
quarter VS.. s385,866 or SO cents a
year ago.
Norwich Pharmacal Co. net for
the quarter was S178,O92 or % cents
VS.. s186,7 1872 or % cents in the same
period last year.
York Corp. earned s623, ZOO or 81
cents in 6 months ended March 81
VS.. S375,570 or 40 cents a year ago.
w. A. Sheaffer Pen Co. profit for
IL months ended February % was
81, ,104 ,160 or $707 VS.. s1,132,65l or
s7.O9 in the previous year.
Engineers Public Service Corp.
earned $7,630,877 or s2.87 in IL
months ended February % VS.. S.
646, ,758 or s1.78 in the previous year.
Virginia Electric Power Co. net for
II months ended February % was
$6 ,30l ,575 VS.. S4,535,274 in the pre-
ceding fiscal period.
Delco-Remy Division of General
Motors purchased a 27-acre tract in
New Brunswick, N. j.. as site for a
new storage battery plant.