Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-04-17
Business Briefs
Money i'm Circulation declir

Money i'm Circulation declined
to 27.507, 900 900 on April 10. a
drop of 100000 from a week
earlier and s267 .000. 900 below a
year earlier-Federal Reserve
Board.
Automobile Production in the
United States set new post
war record of 1852 units in the
last week VS.. a previous high of
126,l65 set in the previous week
and 80 .567 in the like 1948 week
Wards Automotive Reports.
Passenger Tire Castings shipped
in February totaled 3.936.490. d
drop of 1856 per cent from the
previous month-Rubber Manu-
facturers Association.
BituminOus Coal Production
Appropriated 11,250.000 tons in
the week ended April 9 VS.. $780,
900 in the previous week and only
2.475 900 tons a year earlier when
the miners were idle in a welfare
dispute.
Ex-Cell-Co Corp. stockholders
approved an increase author
lied comon stock to 1000, 900
shares from 100000. The COM
pany said it has no present plans
for issuing additional stock.
Southern California Edison Co.
declared a quarterly common
dividend of so cents, payable July
81. placing the stock on a So
annual basis VS.. $3.50 previously
North American Co. will dis
tribute one share of Kansas Power
g. Light Co. common stock for
each four shares of North Amer
lean held June 3. The Kansas
shares will be received from North
American Light g. Power Co. as
part of its liquidation program.
American Telephone & Tele-
graph Co. and subsidiaries had q
combined net income of $44. 249,-
884 or $1.89 q share in three
months ended February % VS..
$50, 767, 991 or 1884 in the same
1948 period.
Caterpillar Tractor Co. earned
$4,796, 621 or $2.55 In three months
ended March 81 VS.. $2,925 1926 or
$1.55 a year earlier.
Container Corp. of Amreica re-
ported net income of $1,974,313 or
$1.89 in three months ended March
81 VS.. $2.112.830 or $2.03 in the
same 1948 period.
Flintk0te Co. earned $725,871 or
81 cents in three months ended
March 81 VS.. 81, 560,708 or 1924 a
year earlier.
Park d Tilford, Inc, net for
three months ended March 81 was
$806, SOC or 1919 VS.. $1,147,378 or
$4.55 in the same 1913 period.
Buffalo Forge Co. earned $685.
405 or $1.8 in three months ended
February 20 VS.. 1921 ,004 or $1.60
q year earlier.
SlOss Sheffield Steel & Iron Co.
earned $875. $40 or $1.76 in three
months ended March 81 VS.. $685.
819 or $1.06 year earlier.
Walter E. Heller g. Co. profit for
three months ended March 81 was
$211,973 or so cents VS.. $181,477
or Al cents in the same 1948 period.
Seagrave Corp. earned $115,546
or "a cents in three months ended
March 81 VS.. $36.024 or 20 cents
q year earlier.
Bayuk Cigars, Inc, net for three
months ended March 81 was $112,-
457 or IA cents VS.. $685.. 1886 or As
cents in the same 1948 period.
United Cigar-Whelan Stores
Corp. profit for three months
ended March 81 was $lo9,989 vs..
$s9. 400.
Reed-Prentice Corp. earned
$67,647 or 10 cents in IL weeks
ended March 26 VS.. $l70,l70 or
81 cents a year earlier.
Wilson Products, Inc, had net
income of $50.077 or 80 cents in
three months ended March 81 VS..
$72,274 or 46 cents.
Gamble Skogmo, Inc, elected
Carl C. Raugust vice president Of
merchandising and Walter j. Lar
son vice president of operations.
q an