Evening star., 1946-03-03
Business Briefs
GeneraI Rusiness Activ;tv

Ocneral BUSINESS Activity has
turned upward, according to the in
dex Of Business Week, which stood
at 144.0 for the latest week VS.. 1920
in the previous week, 1908 month
ago and 231.3 year ago.
Settlement of the Steel Strike
through negotiations with one COM
pany, United States Steel Corp.
was death blow at small business
and the livelihood of millions OF
men and women, said Chairman
Ernest T. Weir of National Steel
No one man knows enough about
the industry to speak for it," he
declared.
P0wdrell g. Alexander, Inc, stock
holders will vote March 26 on a
proposed 2-for-1 split in common
stock. Profit for 1945 was $788 ,06l
or $2.62 share VS.. $685. ,010 or $1.29
in 1914. .-.lty.enI
Alexander Smith g. Sons Carpet
Co. stockholders approved a plan to
raise around $8,500,0O0 through
sale of common and preferred stock.
1t will be the firms first public Of
fering.
Detroit, Toledo e. IrOnton Rail-
road asked ICC permission to issue
SO .626, 900 of first mortgage series B
bonds to finance redemption of 40
series A bonds.
Certain-Teed Products Co. called
for redemption on June l all of its
So prior preference stock at ll0
and accrued dividends.
Bethlehem Steel Corp. reported
its shipbuilding division from 1896
through 1945 built 1,085 vessels and
converted or repaired 37,778 others
Profit for 1945 was S34,947, ,116 Oh
1882 share VS.. $50, 6,l67, ,723 or $685.
in 1914.
Coca Cola Co. eanred $23 ,324, ,72s
or $5.67 share in 1945 VS.. $23, ,221, :
AS or $572 in the previous year
Bernard F. Gimbel. president o1
Gimbel Bros, was elected a direc-
tor.
Safeway Stores, Inc, profit fol
1910 was $5,082,514 or s1.59 VS.. S.
202 ,598 or $163 in 1914.
Corn Products Refining Co. earned
So, ,633 1893 or $2.73 in 1945 VS.. 1882,
592 or $3.50.
American Radiator g. Standard
Sanitary Corp. profit for 1945 was
$5,656,418 or SO cents VS.. $6,731 ,73s
or GA cents.
Fnrnsdall Oil Co. earned $4,38o,-
ITO or $l97 in 1945 VS.. 1854, ,766 Oh
s165.
Ell Paso Natural Gas Co. of Della
ware reported net of $2,243,674 OF
S3.56 for 1945 VS.. $2,257,272 or 1888
Scott Paper Co. earned 1,756, ZOE
or So in 1945 VS.. 81 $50 ,242 or $2.0A
on fewer shares in the previous
year.
Mead Johnson e. Co. net for 1916
was $1,693,151 or 95 cents VS.. ST.
762,198 or 81.
Timken- Detroit Axle Co. earned
81 ,508,86 or $152 in months end
ed December 81 VS.. S2.615 $50 or
$264 year earlier.
Cutler Hammer, Inc, net for i945
was S1,279,426 or S194 VS.. 81 ,753 ,349
or $266 in 1914.
Sharp g. D0hme, Inc. profit for
1945 was 81 1926, 1893 or &c cents VS..
81 .664 ,135 or S109.
Thatcher Mfg. Co. net for 1945
was $l,020,188 or $3.77 VS.. S46O. O.428
or 33 cents.
General Railway Signal Co.
earned $1,033,865 or $2.77 in 1945
VS.. $944,476 or S253.
Wyandotte Worsted Co. net for IL
ended November 80 was
$685., ,228 or S2.l9 VS.. S629, ,575 or S2.0e
in the preceding fiscal period.
Hale Bros. Stores, Inc, profit for
1945 was $684,249 or $3.04 VS.. S573,-
804 or $255 in 1914.
Hayes Mfg. Corp. earned s436, ,446
or so cents in IL months ended Sep
tember 80 VS.. $735 ,094 or 81 cents in
the preceding fiscal period.
Brillo Mfg. Co. net for l945 was
S258 .507 or $1.57 VS.. S241 ,440 or sl.46
in 1914.
United States Radiator Corn,
stockholders rejected recapitali-
zation plan drafted by the manage
ment.
Scovill Mfg. Co. declared a divi-
dend of 40 cents a common share.
payable April /. Previous payments
were so cents.