Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-03-14
Business Briefs

Dduh SIcdTluSS III "a ledQlQR CLUE
declined to $l1,119, 480, 600 in tn,
week ended March 10 VS.. $1,000,
028,000 in the preceding week, bu
remained 6.1qo above $10,484, 746, OOl
q year ago-Dun & Bradstreet.
Privately Financed Housing il
February totaled SITE, 000,0 900, gal,
OF 17eo, from the previous month
but only half the monthly averag,
called for by Housing Expedier vii
son w. Wyatt-Commerce Depart
ment.
Freight Loadings in the week end
ed March 9 totaled 786,2O2 cars. /.
gain of 0.5% from the previous
week and $50 above a year ago
Association of American Railroads
Copper and Lead Outputs hav,
been cut by strikes to the loves
mark since the 193Os. The leae
shortage may force closing of som,
plants, reported National Lead Co
Union Pacific Railroad awarded
1902, 600 of 2laeo refunding mort,
gage series c bonds, due 1891, tx
Halsey, Stuart & Co. and associate.
on a bid of 10l.27, representing thu
lowest interest cost in the history
OF American railroad finance. Re.
Offering was planned at 1929.
Alabama Power Co. plans to issue
100000 shares of new 1920 preferred
stock to be offered in exchange fol-
present preferred shares was ap-
proved conditionally by the SEC
Unexdhanged present preferred
would be redeemed.
Phlco Corp. stockholders were
told by President John Ballantyne
that price ceilings and strikes were
serious brakes on production. He
urged freedom from uneconomic
restraints"
American Brake Shoe Co. de-
clared the usual regular dividend OF
IS GEMS, payable March 80, but
omitted the extra formerly included
Price controls and higher labor
costs were blamed.
Clayton e. Lambert Mfg. Co. has
sold &s Detroit wartime shell case
plant to the Navy for $672, 500 and
will move its main production ac-
Invites to Louisville, thus ending q
57-year tenure in the Michigan in
dustrial center.
National Dairy Products Corp.
plans to spend more than SIS, 000, 600
for expansion in the next S years,
said President L. A. Van Bomel.
The firm earned $14,113,579 or $2.25
a share in 1945 VS.. $13,3l8, 1888 or
s212 in the previous year.
Pittsburgh Plate Glass Co. profit
for 1915 was $13,539 100 or $l.53 VS..
$13,450,636 or $1.52 in 1914.
Duquesne Light Co. earned So
SIT 1896 in 1945 VS.. $9,877,94l in the
previous year.
Standard Brands, Inc, profit for
1945 was $9,576, 464 or $2.74 VS.. So
096, 1872 or $3.50 In 1914.
American Home Products Corn.
earned $5,824,83 or $3.50 in 1945 VS..
$5,132,410 or 1925 in the previous
wear.
Electric Auto-Lite Go. net for 1s4s
was $4,491 1876 or $3.76 VS.. 1880, 982
or $4.09 in 1914.
Union Tank Car Co. earned ST.
49,, TAT or 1921 in 1915 VS.. s., 348, l7e
or $2.18 In the previous year.
Harbison-Walker RefractOries Co.
profit for 1945 was 81 ,666, 486 or Sill
VS.. 81 1894 or SLIT in 1914.
Charles Pfizer & Co. earned ST.
$685. 09 or $1.24 in 1915 VS.. 1885 ,O84
or $1.56 in the previous year.
Electric Storage Battery Co. net
for l945 was $1,999, 794 or 1920 VS..
$1,17,06 or $2.18 in 1914.
Chicago Pneumatic Tool Co,
earned 81 1892 s407 or $3.57 in 1945 VS.
$2,R0,52s or $4.25 in the previous
year.
Maytag Co. profit for 1945 was
s1,1D7,112 or 8 cents VS.. 81 1893 100 or
IS cents in 1914.
Universal Products Co. net for
l945 was $780,, 123 or 1897 VS.. $685.
esk or 1898 in 1914.