Evening star., 1946-11-03
Business Briefs

Dow Chemical Co. reported 1or
the quarter ended Aug. 81 net profit
OF S3,607, 1903, equal to $2.64, COM
pared with s2,273,966, or $1.57 a
common share, in the corresponding
quarter last year.
Exec Products Co. for nine
months ended Sept. 80 had net OF
$2,537 1923, or 1913, against s676, 6,563,
or 10 cents in the corresponding
1945 period.
Reliance Manufacturing Co.'s net
for nine months ended Sept. 80
was s1,215,027, equal to S2.41, against
1855 ,999, or 1886, in the comparable
period last year.
American Steel Foundries report
ed for the fiscal year ended Sept. 80
net of $685., ,768, or $2.27, compared
with $6,240,034, or S5.25, in the pre-
ceding fiscal year.
Southern Natural Gas ca. for II
months ended Sept. 80 had net Of
50 ,2SS ,662. or S2.76, compared with
s4,3s7,625, or S3.08, in the preceding
IL months.
Timken-Detroit Axle Co. reported
for the quarter ended Sept. 80 net
profit of $849, ,907, or 43 cents each
on 983, $50 capital shares. No COM
parsons are available.
Parke Davis e. Co. showed net
for II months ended Sept. 80 of
s11 Ala, ,189, or s233, compared with
s7.673, ,725. or $l.57, in the preceding
II months.
Mccall Corp. reported for nine
months ended Sept. 80 net profit Of
So ,O41 500, or s582 a share, against
ST ,416,114, or $2.79 a share, in the
comparable 1945 period.
Amerada Petroleum Corp. Sep
tember quarter net income was
S2,717,386 equal to S1.72 compared
with s1,427, 1866, or 80 cents a share.
in the same period a year ago.
Earnings per share for both periods
are based on the number outstand-
ing after 2-for-1 split last May.
McGraw-Hin Publishing Co., in Q
report for nine months ended Sept.
80, showed net profit of $I,514,4 ,401,
equal to s2.66 a share, against
81 1908 or So share in the like
1945 period.
National Vulcanized Fibre Co. re-
ported for nine months ended Sept.
80 net Of $3.50, ,423, or 81 80, compared
with s478,887, or 90 cents, in the
corresponding period a year ago.
United Light e. Railways Co. and
subsidiaries for IL months ended
Sept. 80 had net of s11, 1856 1892 equal
to s3.37 compared with s7,157,825
or s1.8S in the preceding year.
American Light g. Traction Co.
and subsidiaries for IL months end
ed Sept. 80 showed net of S5,24l ,944
or $50 against adjusted net Of
IS 1895, 1889 or s176 in the preceding
II months.
Twin City Rapid Transit Co. de-
clared a dividend of 81 on common
stock, payable Dec 10 to holders Of
record Nov. 20. This is the first
dividend on common since January,
1881, when 50 was paid in scrip, to
be redeemed later for cash.
The Goodyear Tire g. Rubber Co.
has completed negotiations with a
group of banks for a five-year re-
volving credit of s75,oO0,0O0. The
initial discount rate is IL per cent.
The company now has no bank loans
and does not anticipate any nearby
use of this credit.
E. r. Squib G. Sons for first quar-
ter ended Sept. 30. 1916, had net Of
$3.50, ,408. or Al cents. against $751;
984, or 42 cents in the corresponding
period of 1945.
Van Norman Co. Of Springfield,
Mass, for nine months ended Sept.
80 had net of $696,728, or $1.94,
against $228,821. or 95 cents, in the
same period last year.
Mid-Continent Airlines net for
nine months of 1916 was s414,3o3
compared with s198,377 for the same
period year ago.
Car and Truck Production in the
United States this week was esti-
mated at 90,404 units, a new postwar
weekly record. October output to-
tailed 396,875 units, also a postwar
high.-Automotive News.
Iron Ore Loadings by the Great
Lakes freighter feet in October to-
tailed 9,209, ,304 gross tons, bringing
seasons total to So, ,468 ,938 tons, 6.28
per cent below the corresponding
month last year.