Evening star., 1947-03-09
Business Briefs
AutomobiIe Production N

Automobile Production In the
United States and Canada totaled
104 ,437 units IN the last week VS.. =
revised total Of 105,175 for the pre-
vious week.-Ward's Automotive Re-
ports. 1t was the third consecutive
weekly total above 100000.
Bituminous Coal Output for the
week ended March 7 appropriated
12,870, 900 tons VS.. 13,030, 600 in the
previous week and II. 10000 a year
ago.-National Coal Association.
Listed Stock Values on the New
York Stock Exchange totaled $685..
838, ,633, ,745 or an average of 1855 q
share for l,343 issues on February
28. A month earlier 1,341 issues
were valued at $69, ,679 ,5s5 or
1914 a share.
Chicago Surface Lines will be sold
April ~ under a Federal court or
der. A minimum price OF $75,00o,.
600 is the figure the Chicago Transit
Authority, a public corporation, has
been authorized to meet II it can
raise the money by bond issue.
International Harvester Co. re-
ported sales in three months ended
January 81 were the highest for the
period IN the company's history and
57e6 above year ago.
Reynolds Metals Co. took no ac-
ton on common stock dividend
for the current quarter. Previous
payment was Is cents.
Electric Storage Battery Co. de.
clared a dividend of rs cents a COM
mon share, payable March 81. Three
quarterly dividends of so cents each
and year-end dividend of 81 were
paid in 1946.
-Borg-Warner Corp. declared a
dividend of so cents a common
share, payable April /. Previous
payments were 40 cents.
Columbia Gas & Electric Corn.
and subsidiaries reported consoli-
dated PRO forma" net income of
$l4 ,678, TAG or $l20 q share in ls46
VS.. $l1 ,955, ,174 or SO cents In 1945.
The report excluded revenues from
Cincinnati Gas and Dayton Power.
In which Columbia sold its interest
in 1916.
Maytag Co. earned $3,027 $50 or
$l.26 In 1916 VS.. $1,137,1l2 or 8 cents
in the previous year.
Neisner Brothers, Inc, profit for
l946 was $2,221 ,557 or 1851 VS.. s873,-
564 or $4.26 in 1945. The stock was
split 3 for ! last September.
Texas Gulf Producing Co. earned
81 ,230,539 or $1.18 in 1916 VS.. $685.
556 or 66 cents in the previous wear.
Anderson-Pritchard Oil Corn. net
for 1946 was $1,672,932 or $2,45 Va. i
$2,115,697 or 1884 in 1945.
Westvaco Chlorine Products In
earned $1,108,772 or $2.1I In l94s VS.
$963, ,42l or $1.s0 in the previous
year.
United-Carr Fastener Corn. profit
for l946 was $1,006,7o or $3.50 VS..
$3.50, 1928 or $2.49 in 1945.
Goebel Brewing Co. earned s925-
720 or 66 cents in 1916 VS.. $685., 1855
or 70 cents in the previous year.
Pratt e. Lambert, Inc, net income
Tor 1916 was $815,915 or $416 VS.
$424, ,073 or $2.16 in 1945.
Walgreen Co. sales for February
totaled $l1 ,677, 1892, a rise of s8%
from year ago; for two months.
S23, ,533. .143, an increase of liz.
Bond Stores, Inc. sales in Febru-
ary totaled s4,S3o,543, a. gain of
1922 from a year ago: in two
months. $40, 400, ,273, an increase Of
28.5%.
Butler Brothers sales for February
totaled $s,55o,3o8, drop of s.s%
from, year ago; for two months.
SIS, 9,562 ,253, a gain of 2.7%.
Adam Hat Stores, Inc, sales In
February totaled $3.50, All, a drop Of
A.6eo from year ago: In two
months, s$2,259, ,653, a decline of 1s%.
Sun Oil Co. announced j. Howard
Pew will retire as president at the
annual meeting March 18. He will
recommend election of Joseph N.
Pew, jr., his brother, as board chair.
man and Robert G. Dunlop as pres.
ident.