Evening star., 1946-03-19
Business Briefs

Higher Price Ceilings at all sales
levels for industrial type fuel oil
were ordered by the OPA to encour-
age production. The Navy recently
complained of a critical shortage of
oil for ships.
Panhandle Eastern Pipe Line Co
directors authorized registration OF
50000,000 serial debentures to re-
fund outstanding debt.
Central New York Power Corp. re-
ceived high bid of 100.l5 for 200,-
900 shares of 3.4eo cumulative pre-
ferred stock from Morgan Stanley
81 Co. Reoffering was planned al
101 so.
Detroit, Toledo &. Ironton Rail.
road received a high bid of 100 1926
for So, ,626 900 of "a 20 first mortgage
bonds from Shields & Co. and asso-
ciates. The issue was reoffered al
101.
Park e. Tilford, Inc, is drafting
an expansion program to increase
distillery capacity 500. Sales ir
l945 set a record of $56. .206, ,987 VS.
S51, PTS, 100 in 1914.
Hercules Powder Co. stockholders
approved a proposed 2-for-1 stock
splitup and an increase in author.
lied common from 100000 to g.
525 900 shares
Continental Steel Corp. stockhold-
ers approved 21a -for-1 split in
common stock and an increase In
authorized common to 100000
shares.
Eversharp, Inc, stockholders ap-
proved plan for merger with the
Magazine Repeating Razor Co.
TRANSIT Continental Gas Pipe Line
Co. has offered $4,000 900 for three
great pipe lines built by the Govern
ment to move gasoline and oil dur
ing the war at cost of $152 600 900
Seaboard Air Line receivers told
the ICC modem block signal sys-
TENS over 1873 miles of track would
cost $10,000,000. The ICC had or
dered the line to show cause why
new signals should not be installed
international Nickel Co. earned
$25,010,938 or $1.58 a share in 1916
VS.. 1927 ,652 or $1.7l in the previ-
Gus year and $50, ,299, ,623 or 3.35 in
1887. Capital expenditures in 1916
are expected to total $4,000, 900.
Consumers Power Co. net for 194s
was $7,1l7,017 or $2.17 VS.. $7,049, ,44O
or 50 in 1914
Transwestern Oil Co. earned So
776,128 or 1910 in 1945 VS.. 50, ,784. 1876
or S3.7l in the previous year.
Corning Glass Works profit for l94s
was $2,384 ,947 or 81 cents vs.. 81 .992.-
692 or n cents in 1914.
Southeastern GREYHOUND Lines
earned 81 ,901 ,8l9 or $3.50 in l945 VS.
$2,0l7,42o or 1912 in the previous
year.
Mccall Corp. net for 1s45 was ST.
s46. .052 or 1888 VS.. 81 sos ,339 or 1924
Spencer Kellogg & Sons, Inc.
earned 81 ,282, ,445 or $2.10 in 1945 VS.
s828, 40 or $1.36 in the previous year
National Container Corp. profit
for l945 was $1,185,9 or $1.68 VS.
S1,190,992 or $l.80.
s. s. White Dental Mfg. Co. net
, for l945 was $636,136 or $213 VS.
$671 ,292 or $2.25.
Braniff Airways, Inc. earned
$849, ,839 or IS cents in l945 VS.. S773.-
985 or n cents in the previous year
Dennison Mfg. Co. profit for 194s
was 1882 ,907 or Sl.44 VS.. $760, TAB or
$129 in 1914.
Hamilton Watch Co. earned 1854, :
: 7l8 or $1.l1 in 1945 VS.. $736, ,7O9 or
$l.39 In the previous year.
National Enameling & Stampins
Co. net for l945 was $592 ,923 or SIS. .lf
VS.. S6S7,175 or $5.72 in 1874.
Gulf, Mobile & Ohio Railway ex-
poets its acquisition of the Alton
Railroad to be consummated late
this suBnmer.
Breeze Corporations, Inc, has pur-
chased the Anderson Stove Co. and
Foundry Service, Inc, both Of An
derson. Ind, for cash.
Barium Steel Corp. has acquired
control OF Central Iron & Steel Co.
l0o-year-old Harrisonburg, Pa, firm