Evening star., 1946-04-16
Business Briefs

Building Permits in 215 leading
cities during March scared to S426,-
064,2l0, a jump of 1l4.8go from the
previous month and more than 600%
above year ago-Dun g. Bradstreet.
1t was the highest monthly total on
record, except for April, 1929. EX-
cluding New York City, it was high
est. In the first 1916 quarter per-
mits totaled 1929 ,602,S35, jump of
348.5eo from year ago. Washing
ton ranked Goth among the cities
with $8,789 ,562 for the quarter VS..
S2,688,561 a year ago.
Cotton Consumption by domestic
mills in March totaled 8O3937 bales
of lint and 95,401 of linters VS.. 746,-
994 and 81 ,296 in the previous month
and 857.431 and 132,412 year ago.
New York, Chicago & St. Louis
Railroad received high bid of
101.529 for $41, SOC, 900 of 80 bonds
from a group headed by Halsey,
Stuart & Co. Reoffering was at
1926.
Atlantic Coastline Railroad stock
holders approved an increase in au-
thorized capital stock from 1000, ,0OO
to ], 100000 shares, of which 10000
will be preferred stock of $l00 par
and 1,350,000 common without nom
inal value. Directors declared a
dividend of ST common share, pay
able June 13.
Heyden Chemical Corp. stockhold-
ers will vote May 3 on a proposed
2-for-1 split in common stock, au-
thorization of 100000 new preferred
shares and refunding of 4eo pre-
ferred.
United States Rubber Co. stock
holders approved an increase in au-
thorized common from 1,918,412 to
2,500.000 shares and a reduction in
authorized preferred from 961 ,091
to 651 ,091 shares. Sales in the first
quarter were reported substantially
above any previous peacetime year.
B. F. Goodrich Co. sales so far
this year have been materially be-
low a year ago and will continue so
during 1916, President Collyer told
stockholders.
A. M. Castle Co. declared quar-
terly dividend of so cents common
share, payable May 10, placing the
stock on a 50 annual basis. Pre-
vious payments were 37la cents.
Amalgamated Leather Companies
cleared all arrears on the So cumu-
latlve. convertible preferred stock
with a dividend declaration of SO a
share. payable May Is.
Atchison. Topeka e. Santa Fe
Railroad system earned $10,537 1922
or $391 share in 2 months ended
February % VS.. $8,287 ,492 or $2.99 a
year ago.
Canadian National Railways sys-
tenn profit for 1945 was $24,756, 100
VS.. $23,026,92 in 1914.
Engineers Public Service Co. and
subsidiaries earned $6,444,308 or
S2.26 in II months ended January
81 VS.. s6,346,116 or $2.19 in the pre-
viouS year.
Virginia Electric e. Power Co. net
for II months ended January 81 was
s5.611,589 VS.. S5,521,711 in the pre-
ceding fiscal period.
Gillette Safety Razor Co. earned
S2,677,323 or S1.16 in the first 1916
quarter VS.. $88,747 or 81 cents year
ago
Amerada Petroleum Corp. profit
for l945 was s5,396,770 or 1884 VS.,
S5.285, ,988 or $6.70 in 1914.
Sylvania Electric Products Co.
earned s2,136,279 or $2.05 in 1945 VS..
S2,oS3,235 or s2.04 in the previous
year.
Food Fair Stores, Inc, profit for
~ weeks ended March % was $647,-
2IS or si.69 VS.. $179,046 or As cents
IN the like ls45 period.
Soutneastern Greyhound Lines
WIN nave 3Oo new buses, so of them
uiesel-poWereo, before the end of
1876 President Huguelet reported.
Tri-Continental Corn. assets
equaled S14.40 share on March ri
VS.. $13.07 on December 81 and xa f6
. year ago. ~o''0