Evening star., 1946-04-21
Business Briefs

odlcS III Cllc ldSU WEeh "tle wei
above the previous week and aver
aged 400 to 1870 above year ago
Dun G. BradStreet.
Money in Circulation on April l
totaled $27,948,O00 900, a decline O
100000 from a week earlier, bu
81 $3.50, 100000 above a year ago
Federal Reserve Board.
General Business Activity is con
tinuing to expand. according to tn
index of Business Week, which stoo,
at 174 for the latest week VS.. 172 il
the previous week, 162 a month ag
and 23l year ago.
Automobile Production in tn
United States and Canada totalet
57,565 cars and trucks in the las
week VS.. 49, ,425 in the previous wee
Wards Automotive Reports. Apri
output may reach 250,000. May out
put is expected to hold near tn
same level, instead of advancing t,
scheduled 100000, because of tn
coal strike.
Johns ManvilIe Corp. plans t.
spend $50,000000 for expansion tn
next four years. Strikes caused
net loss of $796,873 in the first 1874
quarter.
National Dairy Products Corn. eX
poets to spend around S45 100000 TO
plant and equipment in the next tw,
years. and not less than $75 100000
for that purpose in the next fiv
years, stockholders were told.
F. I. du Pont de Nemours & CO
will construct a 81 100000 sulphur
acid plant at BellWood, Va. and
100000 laboratory for cellophan
research at Buffalo N. Y.
Philadelphia Electric Power Ct
filed plan with the SEC to re
fund the entire long-term debt an
outstanding preferred. stock of itsel
and subsidiary, Susquehann
Power Co. The parent firm woul
sell S30,000000 Of bonds at com
petitlVe bidding and Sl2,000.000 O
serial notes to banks and inSuranc
companies.
Columbus & Southern Ohio Flee
trio Co. registered with the SEX
744,455 shares of $40 par valu
common, to be sold by its paren
firm. Continental Gas & Electri
Corp, at competitive bidding
American Gas g. Electric Cc
plan for Investment of its interes
In Scranton, Pa. Electric Co. an
refnancing of Scranton's preferre
stock was approved by the SEC.
Detroit Edison Co. earned s8,188.
698 or $129 a share in II month
ended March 81 VS.. S6,584 400 O
sl.04 in the previous year.
Best Foods. Inc. profit for min
months ended March 81 was So.
098,832 or s140 VS.. Sl,796,663 O
Sl20 year earlier.
Continental Baking Co. earne
S87l,878 or 40 cents in l3 week
ended March 30 VS.. S606,314 or |
cents a year ago.
BeechNut Packing Co. net 70
three months ended March 81 wa
1915 ,254 or Sl55 VS. S544, 780 or S. 2
in the same l945 period.
Butler Brothers earned s6l3,29
or AZ cents in the March quarter V:
S426,735 or IS cents a year ago.
National Tea Co. profit for l
weeks ended March % was $3.50 90
or SO cents VS.. S222,201 or 80 cent
in the like l945 period.
Lehigh Valley Coal Corp. earne
81 ,208.8 .839 or "A cents in y month
ended March 81 VS.. ST l,630699 Q
10 cents IN the previous year.
Sidney Blumenthal & Co. prof
FOR the March quarter was $685. ,63
or Sl05 VS.. S275, ,l84 or Sl09 in III
same l945 period.
Bayuk Cigars, Inc. earned 1898,
1874 or Sl.0l in the March quarter VI
s337,372 or sc cents a year ago.
Jacob Rupert profit for tn
March quarter was s164679 or
cents vs.. $l06,523 or 13 cents in tn
same l945 period.
Howe Sound Co. earned $1,000
or % cents in the March quartz
VS.. Sl70,253 or 81 cents year ago.
S. S. White Dental Mfg. Co. de
clared dividend of 35 cents a com
( mon share, payable May IA Pre-
VlouS payments were so cents.
Liquid Carbonic Corp. omitted tn
common stock dividend usually de
clared at this time.
Gar Wood Industries, Inc, took n
action on the usual common stoc
dividend
Solar Aircraft Co. announced
100000 expansion program, includ
ing the erection of two new build
ingS.
Wisconsin Power & Light c,
asked SEC permission to redeel
100000 of 49, preferred stock a
! lot and dividends.
Graham-Paige Motors Corp. an
Kaiser-Frazer Corp. have an orde
backlog of more than S65O,O0O,O ,O0l
declared President Frazer.
Rockwell Mfg. Co. purchased 9Th
A. H. Ross Co. package machiner
maker, for an undisclosed price.