Evening star., 1947-03-14
Business Briefs

Money in Circulation totaled $28,-
800 1000, 900 on March IL, a decline of
$4,000, 900 from a week earlier, but
$384,000, 900 above year ago-Fed-
eral$ Reserve Board.
Foreign Silver Price at New York
slipped another a cent to 751s cents
an ounce.
Automobile Production in the
United States and Canada this week
totaled 104,749 units VS.. 104,048 last
week, 35,o20 year ago and 131,41o
in the like 1941 week-Wards Auto
motive Reports.
Bituminous Coal Production in
the week ended March 8 approx
mated 12,775, 900 tons VS.. 12,875,000 in
the previous week and 13,060,oo0 a
year ago-National Coal Association
Howe Sound Co. declared a quar-
terly dividend of so cents payable
March 81. The firm paid 80 cents
quarterly in 1946.
Pennroad Corp. received SIS, ,OOO,-
900 An settlement of litigation with
the Pennsylvania Railroad and an
nounced it would continue its policy
of purchasing its own shares in the
open market.
American Potash g. Chemical
Corr. stockholders authorized issu-
ance of 100000 shares of no-pa1
cumulative preferred stock, of which
$4,000 to 10000 shares will be offered
initially, to help finance a $4,000, ,OO(
expansion program at Trona, Calf
General Electric Co. earned $43,.
1889 or $1.49 a share in 1946 VS.
$56,54O,555 or S196 in the previous
YEAR. Included we're $24,000000 o1
tax credits and 100000 from re-
serves VS.. 100000 and s2,250,00(
in the previous year.
Borden Co. profit for 1916 was S19,'
581 ,o06 or $4.64 VS.. $12,093,972 o.
$285 in 1945.
Swift International Co., Ltd, ne
for 1896 was $5,543, 900 or $3.50 VS.
$2,947,O2 or $196.
Spencer Kellogg G. Sons earned
S5,241, ,343 or 1888 in "a weeks endec
February Is VS.. 1892, ,445 or $2.1(
year earlier.
Revere Copper & Brass Co. net In
come for 1916 was $5,125,482 or s3.6.
VS.. s1,656,404 or 81 cents in 1945.
Newport News Shipbuilding G. Dry
Dock Co. earned $5,355, ,233 of S6.6s
in tg46 VS.. S5,l98,822 or S6.25 in the
previous year.
Carnation Co. profit for 1916 wa!
S3.211.985 or $487 VS.. S2,447 ,A90 o.
$3.50 in 1945.
Anchor Hooking Glass Co. earned
s4,ss5 ,o04 or SOIL in 1916 VS.. 81 $780,
e36 or $2.43 in the previous year.
Universal-Cyclops Steel Corp. ne
for s1946 was 81, 1872 1884 or $2.38 VS.
$727463 or $1.45 in 1945.
Ex-Cell-O Corp. profit for l.
months ended November 80 was ST.
209,607 or $3.03 VS.. $2.107 1888 or $5.2'
in the preceding fiscal period.
Barker Bros. Corp. earned $1,949,
$50 sor $5.18 in 1916 VS.. S570,S10 O
$l25 in the previous year.
Philip Carey Mfg. Co. profit TO
1946 was s2,14s,41 or s2.58 VS.. S64s,
663 or $142 in 1e45.
United Engineering g. Foundry Go
earned $1,723,15 or S2.03 in 1946 VS.
s2,341,S6 or s2.79 in the previou
year
Brown Co. net income for i
months ended November 80 was 81,
593 ,s82 VS.. 81 1,219,80 in the preced
ing fiscal period
sun Chemical Corp. earned 81,
464506 or $1.13 in 1916 VS.. $770,44
or n cents in the previous year.
Internationai Salt Co. profit fo
1s4aMas 81 ,272 ,262 or $3.50 VS.. S677,
84r or S2.82 in 1945.
SAa- -Nap-Pak Co. earned $876.58
or z45 in 1916 VS.. $ll2,001 or 3
cents N the previous year.
Nes6ett Fund, Inc, registered wit
the SEC 100000 shares of 81 pa
capital stock for public offering.