Evening star., 1946-04-24
Business Briefs
Electric OUTPUT for the week

Electric output for the week end
ed April 20, in the United States was
1887 las, 900 kilowatt hours, drop
Of 7.3 per cent from 4,014 ,652 900 the
previous week, and a decline of SO
per cent from the corresponding
1945 week.
Steel ingot rate for the country is
down five points this week to "a
per cent. More than a million tons
of steel ingots, or about 100000 tons
OF finished steel products. will have
been lost bv the end of next week,
due to the coal mine stoppage
Marshall Field e. Co. reported
first-quarter sales were Sal ,274.OOO
and profit was s2,210,O0O. equal to
s1.57 share, compared with $685.
473000, 81 1886 900, and 81 cents, re-
spectively. for first quarter of 1945.
General Baking Co. reported quar-
terly net of S506 463, equal to 81
cents against s427 ,256. or 16 cents In
1s45.
Allied Mills reported for Il
months ended March 81 net of ST.
453,426, equal to s1.8l compared with
S11729 959, or 46 a share in 1945.
Newport Industries reported quar-
terly net of S447,864, equal to IS
cents against sl76.892, or % cents in
1945.
julius Kayser e. Co. reported
quarterly net income of $213,99
equal to 29 cents a share compared
with s183,7l0, or Is cents a share in
1945.
Hershey Chocolate Corp. reported
three months net of $2,096,316, equal
to $3.50 a share, compared with ST.
1896, ,844, or $163 in 1945.
American Smelling g. Refining
Co. quarterly earnings were $685.
154, compared with average quar-
terly earnings s2,867,169 in 1945.
Panhandle Producing & Refining
Co., announced retirement of Serge
Rubinstein, chairman and president
and A. Gordon-Foster. director
Gerhard M. Dahl was elected to the
Craftsmanship. Presidency will be
filled soon.
Pere Marquette Railway Co.'S
merger with the Chesa peake & Ohio
received approval of C. & o. stock
holders at Richmond.
New York, Chicago e. St. Louis
Railroad Co. nickel Plate) reported
net income of s228,827 for the first
quarter of 1916, compared with ST.
196.897 for same period last year.
Creole Petroleum Corp. reported
1945 net of 4,601 ,781, equal to 81. A:
compared with 1914 net of $62,O2O,.
396, OF 81. 2.33 q share.
McKessOn g. Robbins, Inc, re.
ported for nine months ended March
81 net of $6,117,291, equal to 1886 6
share, against 1896 ,692, or $1.73 8
share in same 1945 period. Quar-
terly net was s2,O66 BOG, equal te
S114, against $1,106,800, or 81 cent!
a share in the first 1945 quarter.
American Distilling Co. reported
for six months ended March 81
profit of $1,095, ,522, equal TO $4.3S
compared with s548,00O, or s2.19 ir
1s45.
Park & TiIford reported quarterl,
net of $3.50 sos, equal to $5.47 {
share, against $446,651, or SLIT {
share in the like 1945 period.
Corn Products Refining Co. re.
ported for a quarterly net deficit O.
S1,068,470, compared with profit O.
$2.212,377 in 1945.
Westinghouse Electric Corp. di.
rectors approved an agreement fol
an SS0,000,000 bank loan, effective
May l. Arranged through the
Chase National Bank, and 81 others
the loan will run for two years with
an option for renewal for three ad.
ditional years.
Zonite Products Corp. profit wa,
1921, ,l49 for quarter. or IS cents {
share, against $288,675 for 1945, o.
IS cents a share.
General Precision Equipment
Corp. report quarterly consolidated
net of $280,552 compared with $343,.
sos for last year.