Evening star., 1946-09-29
Business Briefs
AutomohiIe Production

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United States for the last week was
estimated by Automotive News at
83, BAG units VS.. revised total OF
rs. .284 for the preceding week. Sep
TENDERS total was placed at 1886, 900
VS.. postwar record OF 346,808 in
August.
Bituminous Coal Output for the
week ended September 81 approxi-
mated 1880, 900 tons VS.. ll,778,000
year ago; for the year to date,
BIC, ,956, 900 tons VS.. 428, ,186, 900 Q
year ago-National Coal Association.
Paper Production, exclusive Of
newsprfnt, was at 105.8qo of capacity
in the week ended September 21 w.
105.l% in the previous week and
94.39o year ago-American Paper
g. Pulp Association.
Ports Style Industries, Inc, reg
istered with the SEC 10000 common
shares to be sold for the account of
four stockholders. Employees will be
offered 10000 shares and the re-
mainder will be sold publicly.
Ell Paso Electric Co. registered with
the SEC $4,000. 900 of first mortgage
bonds, due 1876, to be offered pub
licly to help finance redemption of
series A 3Aoo bonds at 108.
Chicago, Burlington T. Quincy
Railroad earned $15,442, ,969 or 1904
share in eight months ended AL
gust 81 VS.. $18,431,151 or $10.79 q
year ago.
Erie Railroad reported a deficit
of s5,l63,374 for eight months ended
August 81 vs.. net income of $5,037,-
924 in the same 1945 period.
Chicago g. North Western Rail-
way earned $246, ,708 in eight months
ended August 81 VS.. $l1,o32. 1871 q
year ago.
for eight months ended August 81
was $298, ,76l VS.. net income of $11s,-
504 in the same 1945 period.
Botany Worsted Mills earned
81 ,453, 1903 in six months ended June
80 VS.. $403,472 a year ago.
G. Kruger Brewing Co. profit for
six months ended July 81 was $685.
473 or $2.02 share VS.. $213,8l5 or
IS cents in the same 1945 period.
Ell Paso Natural Gas Co. and sub
sidiaries earned $2,282, ,419 or $3.11
in IL months ended July 81 VS..
81 ,203, ,305 or $3.49 on fewer shares in
the previous year.
American Cable & Radio Corp.
reported loss Of $187,650 In six
months ended June 80 VS.. profit of
81 800, ,052 in the same 1945 period.
Arnold Constable Corp. earned
$431 ,412 or $128 in six months end
ed July 81, after provision of $65, 900
for the profit-sharing plan and
$150,000 for contingencies, VS.. $685.
512 or SIS cents a year ago.
ACF-Brill Motors Co. deficit or
six months ended June 80 was
81 ,098,013, not including possible
carry-back tax refunds. VS.. profit
of $271 ,005 In the same 1945 period.
Texas Gulf Producing Co. stock
holders approved a merger Of Fohs
Oil Co.. effective September so.
Fohs holders approved the merger
previously.
Radio Corp. is producing an elec-
tronic stop watch which clocks one
millionth of a second. 1t was de-
veloped in the war.
Stromberg- Carlson Co. has leased
a f1ve-story building in Erie. Pa.
for the manufacture of table model
radios and other products.
| General Refractories Co. has pur-
chased silica brick plant at Lehi,
Utah, from the Government for
$375,0OO.
Basic Builders Corp. will break
ground early next month for $10,-
000, 900 apartment house project for
veterans in Riverdale, suburb OF
New York City.
Virginia Carolina Chemical Corp.
stockholders were told that barring
Government competition" the out
look for the firm and the entire fer
tilizer industry is favorable. Direc-
tors and officers were reelected.
Equitable Lie Insurance Co. sf
Iowa elected to the board Fred L.
Maytag II, president of Maytag Co.
Erie Railroad elected to its board
Raymond j. Wean, president OF
Wean Engineering Co., Warren.
Ohio.