Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-05-17
Business Briefs

AAoASy IA vi SuAdGtuh bUUdlcO
SGT 950000,000 on May Is, a decline
of 100000 from a week earlier, but
s1,57S,00o,000 above a year ago
Federal Reserve Board.
April Building Permits in 215
leading cities totaled s24O, 722 1927 in
March VS.. $426,e51 COG in the pre-
vious month and SCI, 161 ,S46 a year
ago-Dun & Bradstreet. Except for
March, the April total was the high
est for any month since July. 1929
Cotton Consumption by domestic
mills in April totaled 813,732 bales
OF lint and 89,442 of linters VS.. 8O3,-
937 and 95,401 in the previous month
and 1853, 209 and 126,849 a year ago
Census Bureau.
Auto Production in the United
States and Canada this week was
estimated at 1906 VS.. a postwar
high of 1885 last week and 127 .255
in the like 1941 week-Ward's Auto
motive Reports
Union Carbide & Carbon Corn.
registered with the SEC 1853 .889
shares of no par value capital stock
to be offered limited number of
officers and employers under a stock
purchase plan.
Socony-Vacuum Oil Co. registered
with the SEC $100,000OOO of 30
year 21a% debentures, due 1876, to
finance redemption of $4,000, 900 of
80 debentureS and prepayment OF
s50y000,0000 of serial notes.
American Sumatra Tobacco Corp.
declared quarterly dividend of Is
cents and an extra of 81, both pay
able June Ia. A year ago, an extra
Of so cents was paid.
Industrial Rayon Corp. declared
an initial quarterly dividend of 371a
cents on new common stock. pay
able June H. This is equal to rs
cents on old stock upon which so
cents was paid prior to a recent
2-for-1 splitup.
E. l. du POnt de NemOurs e. Co.
will build a group of plastics fac
tories IN 400-acre tract known as
Washington Bottom near Parkers-
burg, w. Va. The new project will
be completed in the summer of l947.
Magazine Repeating Razor Co.
stockholders will vote May % on an
amended plan for merger with
Eversharp, Inc.
AtchisOn. Topeka e. Santa Fe Rail-
way earned s1l,89S,247 or s4.26 a
share in the March quarter VS.. sl2,-
1893, 1894 or S4.63 a year ago.
Seaboard Air Line Railway deficit
for the March quarter was $685.
693 VS.. net income of $1,446,411 in
the same 1945 period.
United Gas Corp. net for the
March quarter was s4,412, 780 or Al
cents VS.. $3,236,578 or 80 cents in the
same 1945 period.
Glidden Co. profit for six months
ended April 80 was $2,126,l31 or 81. L;
VS.. s1,O83,315 or s104 in the same
period last year.
National Department Stores earned
$2,296, 1885 or $4.36 in IL months
ended January 81 VS.. $1,850,468 OF
1887 in the preceding fiscal period
Gaylord Container Corp. net fol
the March quarter was $783,75O OF
43 cents VS.. $262, 1854 or 81 cents on
fewer shares in the same 1916
period.
Pittston Co. earned $656,833 OF
Sl.l2 IN the March quarter VS.. $685.
24l or Sc cents a year ago.
Pressed Steel Car Co. deficit for
the March quarter was s165, 1913 VS.
profit OF S317,792 or So cents in the
same 1945 period.
Bendix Aviation Corp. elected
Malcolm P. Ferguson president te
succeed Ernest r. Breech, who re.
signed to become director anc
executive vice president of Fore
Motor Co. Mr.. Ferguson has beer
vice president of BendiX. Mr.
Breech is former vice presiden,
Of General Motors.