Evening star., 1946-03-05
Business Briefs

SyntneLlc Rubber fr0duct10n IN
1941 accounted for less than 10 OF
total rubber tonnage, but by 1945 il
increased to nearly 100000 tons OF
the total rubber consumption oi
100000 tons, reported the Rubber
Manufacturers Association.
Merger of the Katy, Great West
ern and c. & E. /. will be discussed
by three directors from each of the
Midwestern railroads at a meeting
in April or May, Chairman Morfa
of the Katy revealed The Katy's
net income for 1945 was SIS ,867 ,59s
VS.. s6,110,115 in 1914.
Seiberling Rubber Co. registered
with the SEC $4,000 shares of cumu-
lative prior preferred stock to be Of
fered in exchange for present prior
preferred stock at the rate of new
share for each shares now held.
ElectrOmaster. Inc, registered with
the SEC 100000 common shares to
be offered publicly at s4.371a a share
for expansion purposes.
Beaunit Mills, Inc, stockholders
will vote March 20 plan to reduce
par value of the firms stock from
SO to $3.50 and exchange each pres
ent share for 4 new ones.
General Machinery Corp. stock
holders will vote March IL on a pro-
posed 4-for-1 split in common stock
Foster Wheeler Corp. received a
stationary boiler order valued at
nearly S5000,000 from Pennsylvania
Power & Light Co.
Pure Oil Co. earned $13,581, ITO or
S264 a share in 1945 VS.. SIG, 1892, ,17S
or $3.13 in the previous year.
National Distillers Products Corp
profit for 1915 was $11, ,786, ,999 or ssh
VS.. $9,817,294 or $4.31 in 1914 Di-
rectors believe earnings will justify
an increase in 1916 dividends, said
President Seton Porter.
Union Oil Co. of California earned
S9,201, 1923 or $187 in 1945 VS.. $8,932, :
994 or $1.91 in the previous year.
Underwood Corp. profit for 1915
was $2,232, ,829 or $304 VS.. $2,256,4 ,413
or $3.07 in 1914.
American Stores Co. earned ST.
975,192 or $15l in 1945 VS.. $l,831,-
500 or lao in the previous year.
Froedtert Grain e. Mailing Co. net
for 6 months ended January 81
was $817,0l1 or $l.81 VS.. $460,623 or
$l.08 a year earlier.
Massey-Harris Co., Ltd, earned
$1.588, ,480 in IL months ended No
vember 30 VS. $1,413,396 in the pre-
vious year.
Continental Foundry g. Machine
Corp. net for II months ended No.
vember 80 was S1,569,664 or $4.03
VS.. $1,777,238 or'$464 in the preced-
ing fiscal period.
Victor Chemical Works earned
$1,128,264 or $1.51 in 1945 VS.. 81 ,O56,-
624 or $l.41 in the previous year.
Elgin National Watch Co. net for
1945 was $1,050,56 or $2.63 VS.. S973,-
ass or $2.43 in 1914.
Dixie Cup Co. earned $1,0l9,677 or
$2.83 in 1945 VS.. $915,767 or $2.31 in
the previous year.
National Tea Co. profit for 1916
was $913,058 or $133 VS.. $1,066, ,663
or $1.59 in 1914.
United States PlywOod Corp.
earned 1888, 500 or $1.29 in months
ended January 81 VS.. $889, 200 or
$1.36 on fewer shares year earlier
John r. Thompson Co. net for
1945 was $406,902 or $1.37 VS.. $5O4,-
203 or $1.70 in 1914.
Neisner Brothers, Inc, sales for
February totaled s2,733,O ,O3S, gain
of $3.50 from year ago. In
months they were up 6.7q5.
Consolidated Retail Stores, Inc,
sales for February totaled 50, ,409 ,269
a gain of 28.896 from year ago; for
2 months. S4,557 ,729. an increase
of 21.9%.
Cooper Bessemer Corp. took no ac-
ton on the common dividend be-
cause its Grove City. Pa, plant is
closed by a walkout.