Evening star., 1947-03-10
Business Briefs
Stiff Competition is in store

Stiff Competition is in store for
businessmen and they should get
ousy right away on lower prices
Commerce Department.
Foreign Silver Price at New York
tumbled 2k cents to 83% cents an
ounce after India prohibited inn
ports of silver bullion.
Open Hearth Scrap Price at Pitts
burgh rose So ton to S38, highest
mark since 1917.
Crude Oil Prices were raised rs
cents a barrel by Standard Oil Co
Indiana) in all areas where it pur-
ciases.
Wholesale Butter Quotations at
Jew York slumped 3 to 3la cents a
1ound, sharpest decline in more
,han q month.
Grayson- Robinson Stores, Inc.
declared a dividend of 1914 cents
? common share, payable April 4
->"evious payment was Is cents.
General Motors Corp. reported Its
production in United States and
Canadian plants totaled 58,028 cars
apd. trucks in February vs.. 1913, ,152 In
the previous month.
Chrysler Corp. earned $26, ,889 ,29(
or 1918 a share In 1916 VS.. $37, 7,464,
GA or 1851 in the previous year
sIncluded was $685. ,648 from recon-
version reserves and $4,000, 900 OF taz
refunds VS.. $3S8s, ,658 and s1,100,0oG
from the same sources in 1945.
Hershey Chocolate Corp. profit for
1946 was So, 8,495,852 or $10.54 VS.. $4,-
o76,038 or $5.26 in the previous year,
Anheuser Busch, Inc, earned $8,-
46l,3l1 or $40 irf 1946 VS.. $5,613. sos
or 1924 in 1945.
A. E. Staley Mfg. Co. net income
for 1916 was $7,s60,59s or 1919 VS..
s2,334,8l9 or $2.48.
American Locomotive Co. earned
s6,808,532 or $3.04 in 1946 VS.. s6,55l,-
521 or s2.53 in the previous year.
Minneapolis Honeywell Regulator
Co. profit for 1916 was $5,119,143 OF
$3.S7 VS.. $3,436,6 or $2.48 in ls45.
Libbey Owens Ford Glass Co
earned $6,308, ,487 or $2.47 in 1946 VS.
s3,l65e48 or $1.24 in the previous
year.
>Bucyrus-Erie Co. profit for 194e
was $2,875,66 or $208 VS.. $1,75s, 1886
or sI.12.
United Illuminating Co. earned
So, 1874, SOC or $2.56 in 1916 VS.. $2,678,.
500 or $2.l5 in the previous year.
United States Tobacco Co. profit
for 1946 was $2,198, ,079 or $1.ll VS.
$2,240 ,343 or $1.13 in i945.
American Stove Co. earned ST.
185,567 or $2.19 in 1s46 VS.. 1858 so;
or $1.22 in the previous year.
Coleman Co. Inc, profit for 1914
was $1,744,412 or $4.14 VS.. $687 1888 o,
$1.62,
Eddy Paper Co. earned $2,925 .4s.
or $17.7S in 1946 VS.. $S48, ,284 or $5.16
Eagle Pitcher Co. profit for i
months ended November 80 was 81,
1e2, 1876 or $2.36 VS.. 1882 ,412 or SIS
in the previous year.
Seiberling Rubber Co. earned ST.,
124,14l or So in 1916 VS.. $5o4,8S2 o
$1.33.
American Laundry Machine Co
profit for 1916 was 1901 .646 or $1.8
VS.. $1,l00,045 or $2o2.
Stromberg- Carlson Co. earned
$8O2,S10 or $2.57 in 1916 VS.. s708 ,96
or t2.5l.
Jewel Tea Co. sales in four week
ended February az totaled 50, ,978, ,00s
a jump of 63.1% from a year ago: 1,
eight weeks ended the same date
$17,6l5,823, an increase Of 59.5To.
Westinghouse Electric Corp. ap
pointed Robert A. Neal genera
manager of its West Coast opera
tionS, He Is q vice president.
Kings County Lighting CT
amended plan of recapitalizatiol
was rejected by the New York Pub
lie Service Commission on tn
grounds That it was unfair to pre-
ferfed stockholders.