Evening star., 1948-05-09
Business Briefs
By the Associated Press

Automobile PrO0uct1On IN the
United States and Canada totaled
s5,345 units in the week just closed
VS.. 102,967 in the preceding week
and 81, 1863 in the like 1947 week
Wards Automotive Reports.
Slab Zinc Stocks at United States
smelters totaled 42,910 tons on April
80, new low in several years. anc
a drop of 2,3l9 tons from 45,229 on
March 31-American Zinc Institute
Florida Power g. Light Co. reg
istered with the SEC $11 100000 OF
first mortgage bonds, due 1878, for
sale at competitive bidding.
National Dairy Products Corp
was reported planning sale of $780,
O00, 900 more debentures, due 1870
to finance expansion and improve
mentS.
Ashland Oil & Refining Co. stock
holders will receive shortly a plan
for the merger of another inde-
pendent oil company into Ashland
The company has not been identi-
fed.
E. /. DUPONT de Nemours & Co.
will increase the price of tetraethyl
lead anti-knock compounds for
treating gasoline to 1873 cents per
pound, effective July /, an increase
Of about 1929.
American Chicie Co. declared an
extra dividend of Is cents and a
regular quarterly Of so cents, both
payable June IS.
Ludlow Mfg. & Sales Co. declared
a dividend of 65 cents on new com.
mon outstanding after 3-for-1
split, payable June IA.
Bond Stores reported sales ir
April totaled s6,534,07l. drop oi
$3.50 from a year earlier; in foul
months. $25,137.387. a decline oi
1870.
Edison Brothers Stores sales fol
April amounted to $6,116,964, de-
crease of 6.1To from a year earlier;
for four months, $23, ,l55 1922, an
increase of 1857.
Sterchi Brothers Stores sales in
April totaled $1,281 $50, gain o1
$50 from a year earlier; in four
months, So, ,4SO 1866, a gain of 7.4%o.
Boeing Airplane Co. reported a
net loss of $34,615 for the March
quarter VS.. a deficit of $64,723 in
the same 1947 period.
Nothern States Power Co. oi
Delaware earned $2,298,406 in the
March quarter VS.. $2,442 1867 year
earlier.
Wisconsin Electric Power Co. net
income for IL months ended March
81 was SIS. .760,666 or $1.71 VS.. So
168,157 or $l.83 in the preceding
fiscal period.
Anaconda Wire e. Gable Co
earned $1,833, ,469 or $217 in the
March quarter VS.. $2,483,214 or 1924
a year earlier
New Jersey Zinc Co. net for the
march quarter was $1,824 ,908, or SO
cents. VS.. $2,368, ,121, or $1.21.
Botany Mills, Inc, earned $899, ,489
in 13 weeks ended April 4, VS.. 1884,
OFT a year earlier.
Briggs & Stratton Corp. profit for
the March quarter was 1872 $50 or
$1.47 VS.. $619,878 or $1.04 in the
same 1947 period.
United States Playing Ca ! Co.
earned $672,144 0 $1.74 in the
March quarter VS.. s477,783 or s124.
Talon, Inc, net for the March
quarter was $594,917 or 81 cents VS..
ST ,235 ,533 or SLOT.
Mould Hosiery Co. earned $685.
1T or SLOT in the March quarter
VS.. $303, ,152 or 54 cents.
Cunningham Drug Stores profit
for six months ended March 81 was
1853 ,587 or $1.73 VS.. $691 1888 or
$181 a year earlier.
L.. C.. Smith & Corona Type
writer's, Inc, earned $500, 800 in the
March quarter VS.. 1897 ,308.
Columbia Broadcasting System
appointed Laurence w. Lowman
vice president and general execu-
tive.
Atlas Powder Co. elected Leland
Lyon board chairman and Isaac
Fogg president.