Evening star., 1945-07-31
Business Briefs

Railroad passenger car produc-
ton must be stepped up to at least
II times the prewar rate to equip
American railroads with adequate
modern equipment, Edward G.
Budd Of the Budd Manufacturing
Co., predicted today.
Crown Cork g. Seal Co, Inc.,
stockholders have approved char
ter amendment authorizing $4,000
shares of So cumulative preferred
stock, eliminating 1857 shares OF
common stock held in the company
treasury and increasing the author
lied common stock of 650,000 shares
Dresser Industries, Inc, directors
have voted to ask stockholders ap-
proval at an October meeting for
10000 shares of new S100-par-value
preferred stock divided into series
with dividend rate, price and other
terms and conditions subject 70 fu-
ture determination.
E. I. Du Pont de Nemours & Co
reports net income for half ended
June 80 of $50 ,345 ,692, or S293, VS.
s34,052, ,469, or S2.72 for 1914 period
Sales for the half totaled $685.
402,748, not including products in
Government-owne plants VS.. $685.
3e0,223 for last year.
Stone g. Webster, Inc, for year
ended June 80 had net income OF
S1,578,866. or rs cents VS.. 027,770
or 96 cents for preceding year.
Scott Paper Co. reports consoli-
dated net income of $657 ,544 for
the half or 81 cents on common VS.
s645,747 or SO cents for the 1914
period.
American e. Foreign Power Co.
net for year ended March 81 is
se,776,393, or $11.29 on combined
preferred VS.. S7,785 ,254, or $500 fol
preceding period.
Sylvania Electric Products, Inc
for the half had net income OF
s1,595,6o8, or $1.59 VS.. $849,108 OF
81 cents for 1914 period.
Calumet g. Hecla Consolidated
Copper Co. net profit for half ended
June 80 is $790,666, or 38 cents VS.
$3.50, ,410, or % cents for 1914 half.
General Refractories Co. report
for half ended June 80 net profit o
s418,505, or SO cents VS.. S390, 1867, o.
SO cents for 1914 period.
Consolidated Edison Co. of New
York, Inc, reports net income fol
wear ended June 80 of $31 ,876 ,289 OF
sl.83 VS.. $30,576, ,233 or Sill for pre-.
ceding year. Consolidated Edison
reporting separately, had a net fol
year of S3l, ,596, ,112 VS.. $28, OFT ,256 fol
preceding year.
Niagara Share Corp. had net as.
sets on June 80 equivalent tt
Sl,047.88 for each share of Az pei
cent convertible preferred, anc
Sl4.49 for each share of class B com.
mon VS.. S662.86 for class A pre-.
ferred stock and sl0.82 a share O
common.
American Rolling Mill Co. report
net profit for half ended June 8
of $3,947 ,428, or $1.02 VS.. $2,441 ,491
or so cents for 1914 period.
Bucyrus- for the half had ne
profit Of $68l,215, or 40 cents vs.
1888 ,576, or Sc cents for same 1874
period.
Houdaille- Hershey Corp. report
net profit for half ended June 80 @
$905,4l8, or SO cents a class
share VS.. $885,919, or IS cents 70
1914 period.
Cooper r-Bessemer Co. net incom
for the half is $356,793, on gros
sales of S14,O64, ,722, VS.. $682,613 ne
on gross sales of $16,795, 200 in 1874
period.
National Lead Co. reports for hal
to June 80 net profit of $3,475, ,845
or 70 cents, VS.. $2,88l ,028, or so cents
in 1914 period.
Marshall Field e. Co. net prof
is S2,560y950, or Sill, for the frs
half, VS.. $2,095,09l or 85 cents TO
1874 period.
Pittsburgh Screw g. Bolt Corr
reported net profit for. the half O
s516,832, or "a cents.