Evening star., 1948-05-02
Business Briefs

hutOIuOUllo frOQuCLlOn In LIle
United States and Canada totaled
10000 units in the last week VS..
107.093 In the previous week and
101 500 in the like 1947 week
Wards Automotive Reports.
April Stock Transfers on the New
York Stock Exchange totaled "a
612,565 shares, largest volume since
September, 1916, when 43,450,2l6
changed hands. Volume in March
was 22,992,575; in April, 1947, 30
619,550.
Illinois Bell Telephone Co. regis
tered with the SEC s60000,0 900 Of
first mortgage series B bonds, due
in 1878, for sale at competitive bid
ding. Stockholders will be offered
389,995 additional common shares
pro rata on or before July / at $10O
share.
,Pepperell Mfg. Co. declared an
extra dividend of $125 and a regu-
lar quarterly Of rs cents, both pay
able May IS. raising payments for
the year ended June 30 to $7.25 VS..
"a in the previous year.
Hobart Mfg. Co. declared a quar-
terly dividend of Is cents, payable
June l. Previous payments were 20
cents.
American Window Glass Co. stock
holders approved merger with Glass
Products, Inc, Of Ellwood City, Pa,
285,317 to 66.533, the management
announced.
Moore Nc Cormack Lines earned
So, 1854 or 1928 a share in the
March quarter VS.. $2,147, 7,424 or $1.4l
year earlier.
Louisville & Nashville Railroad
net income for the March quarter
was $3.50, ,269 or $1.44 VS.. $4,360, ,103
or $1.86 in the same 1947 period.
Seaboard Oil Co. of Delaware
earned $1,971,078 or $1.60 in the
March quarter VS.. $1,175,857 or e5
cents a year earlier.
Beneficial Industrial Loan Corn.
net for the March quarter was
81, ,767,856 or 10 cents VS.. 81, ,553, 3,l59 or
81 cents in the same 1947 period.
st. Louis Southwestern Lines Got
ton Belt) earned $2,651 1852 or 1888
in the March quarter VS.. $1,78s, ,444
or 1895 a year earlier.
Public Service Co. of Colorado net
income for the March quarter was
$l,7oS,5S6 or Sits VS.. $1.40S, 800 or
$1.49.
Consolidated Gas, Electric Light &
Power Co. of Baltimore earned
$6, ,756,524 or $469 In II months
ended March 81 VS.. $7,444,S0e or
$5.28 in the previous year.
Delaware & Hudson Co. net for
the March quarter was 81 ,458, ,287 or
S2.70 VS.. $1,497,642 or $2.77 in the
same 1947 period.
Allegheny Ludlum Steel Corp.
earned sl,3o7,471 or s1.01 In the
March quarter VS.. $l,829, 500 or SLAP
a year earlier.
Ruberoid Co. profit for the March
quarter was $1,3O7 ,498 or 1929 VS..
$l,077, 1853 or $2.71.
Lone Star Cement Corp. earned
$913,736 or S6 cents in the March
quarter VS.. $1.175, ,239 or $1.24.
Electrolux Corp. profit for the
March quarter was $1,071, ,125 or 81
cents VS.. $1,021 ,507 or SO cents.
Quaker State OIL Refining Corp.
earned 4963.852 or $1.04 In the
March quarter vs. $890,954 or 90
cents.
Thompson Products, Inc, net for
the March quarter was $1,144,684 or
s240 VS.. $434,65 or II cents.
Mccall Corp. earned 1896 ,672 or
$l.33 in the March quarter VS.. $991.-
031 or $189.
Anchor Hooking Glass Corp. profit
for IL months ended March 81 was
$2,165,131 or $3.50 VS.. $4,728, ,003 or
1922 in the preceding fiscal period.
Follansbee Steel Co. earned $751;
305 or $1.59 in the March quarter
VS.. $500, 0,849 or $1.86 on fewer shares
a year earlier.
American Bank Note Co. profit