Evening star., 1946-04-28
Business Briefs

NOFtn American hay0n Corp
quarterly net was $704,203, equa
to $1.33 share, against $408, 1866
or rs cents last year.
American Bank Note Co. March
quarter net was $593,309, equal tc
81 cents a share. compared with
$318,41l, or 80 cents, in l945.
General Refractories Co. in March
quarter declined to $l37, 1896, or 2s
cents share, from $202,799 or 4:
cents share, in 1915.
Crucible Steel Co. Of America
March quarter net loss was $l,742,.
750, compared with net profit o1
$803 ,558, or 81 cents share, in the
first quarter of 1945.
Quaker State Oil Refining Corp
earned net in quarter OF $612, ,12O
equal to 66 cents a share. compared
with $374,52l, or 40 cents a share
in the similar 1945 period.
M. Lowensteip & Sons, Inc.
showed 1945 net profit of $l,764 ,503
compared with $l,414,046 in 1914.
Borg Warner Corporation net wa!
S3l0,772. equal to Is cents a share
for the quarter against net of ST..
822 ,653, equal to 7S cents a share ir
1945.
New York Shipbuilding Corp. de.
clared dividends of rs cents on tn.
founders shares and participatin:
shares. both payable May 20 tt
holders Of record May 10.
Montgomery Ward g. Co. quartel
profit will total approximately $14,
000, 900 against net profit of $4,
100000 for the corresponding ls4s
months, stockholders heard.
Lone Star Cement Corp. quarterly
net profit was $972 ,976, equal to 81 o;
share, compared with $420,266, o.
A cents in 1945.
General Telephone Corp. hat
quarterly net of $950,926, equal tt
$1.20 share. against s450,977, or S.
cents share in the like 1945 period
United States Playing Gard Co
reported for the March quarter me-
profit OF $807 ,635, equal to $2.09 6
capital share, compared with $274,.
4S4, or II cents a share in the frs
quarter of l945.
The Ruberoid Co. reported frs
quarter profit of 1925, 739, equal to s.
cents a share. compared with sl53,
BIG, or 80 cents share in the sam,
period of 1945.
Continental Can Co., Inc, toda,
reported consolidated net earning
for the II months ended March 8
OF $3,983,66l equal after preferred
dividends to $120 a common share
compared with $500 TAI or $2.43 .
common share in the preceding
period.
Dow Chemical Co. reported To-
nine months ended February % ne
profit Of $5,425.507, equal to $3.6
common share, compared witt
81, ,675 800, or s4.61 a common share
for the corresponding period las
year.
Edward G. Budd Manufacturin,
CO., today reported deficit of $875,
537 for the first quarter compared
to earnings of s498, ,567 in the sam,
l945 period.
The Pennsylvania Railroad re
ported today net operating incom
OF $2,8O9, ,926 for the first quartz
compared to $26,346,219 for the SAM
period in 1945. Gross revenues TO
the first quarter were sl98 8.093. So
this wear, s239, 173, ,029 last year.
| Hazel Atlas Glass reported ne
profits for the year ended March 81
OF s3,625 ,976.57, the equivalent O
s5.35 a share. compared with 81.
935, ,920.79 and 1915 a year ago.
Philco Corp. listed net income TO
1945 at $2,377 ,239 or $l.73 a shar,
against $3,s13,494 or s2.85 a shar,
in 1914.
Sheaffer Pen Co. profits wer
$847, 400, equal to S5.34 a share, TO
the year ended February % com
pared with net profits of sl,l34.57C
equal to $7.26 a share, in the preced
ing fiscal year.
nounced net quarterly earnings O
S252,043, equal to 20 cents a shar,
against $936.690 or IA cents a shar,
in same period last year.
Colgate-Palmolive Peet Co. an
nounced election of Hugh R. Mac
MILAN, jr., as vice president il
charge of production and Robert E
Healy as vice president in charge O
advertising.
Mack Trucks, Inc, reported net fo
quarter of $4l1 ,658, equal to 60 cent
share, compared with s672,2 ,299, O
SLIP share, for the 1945 quarter.
Panhandle Producing e. Refinin,
Go. announced formation of stock
holders committee to elect a ney
slate Of directors of the corporation
at the annual meeting May IA.
Central Indiana Gas Co. filed reg
istration statement today with SEC
covering s3,250.000 of first mortgag,
bonds, due 1871, to be sold at com
petitive bidding. Company alst
proposes to increase and reclassif,
its common stock from 10000 $10l
shares to 100000 $40 par shares.
Carnegie Illinois Steel Corp. will
operate at less than so per cent O
capacity next week. o..
Standard Gas and Electric CO
notified SEC of intention to sci
177,00O shares of SIS par value com
mon stock of Pacific Gas and Elec
trio Co. in the near future in
special offering through nonaf1il
iates. The stock is LAT per cen
l of f6a "a