Evening star., 1950-04-23
Business Briefs

Business BRIEFS
Retail Sales of the Nation ap-
proximated $10.92o, 100000 in
March, a gain of ~ from a year
earlier - Commerce Department.
High sales activity of the first two
1850 months was maintained, the
department commented.
Steel Production in the Pitts
burgh district is scheduled to
rise to 102.4Ts of theoretical ca
pacity in the coming week after
slipping to 99.l% in the last week
due to the short strike at Car
negie- Illinois. youngstown mills
are operating at record levels esti-
mated at 1867 to 1917 of capac-
ity.
Automobile Output in the United
States for the last week included
1876 passenger cars and 25,929
trucks VS.. 114,323 and 26.439 in
the previous week and l09.1l1 and
1896 in the like 1949 week
Wards Automotive Reports.
Wholesale Price Average of the
Bureau of Labor Statistics stood
at 1927 of the 1925 average on
April l8, gain of IN from a
week earlier and 81 above a
month earlier but 2.8% below a
year earlier.
Carr Consolidated Biscuit Co.
management will be opposed at
the annual meeting May by a
stockholders committee which
will include Walter l.. Hampton of
Louisville, former president and
later chairman of the predecessor
Consolidated Biscuit Co.
Atlantic Refining Co. earned
$S.711. 900 or $500 a share in three
months ended March 81 VS.. ST.
729. 900 or $2.73 year earlier.
Southern Bell Telephone. e.
Telegraph Co. net income for
March quarter was $6,943,432 VS..
IS, ,196,545 in the same 1949 period.
New York, Chicago e. st. Louis
Railroad earned $4.098.857 in
March quarter VS.. $4,607,132 a
year earlier.
Chesapeake g. Ohio Railway net
income for March quarter was
1861. .374 or 10 cents a share VS..
$5,348,682 or 66 cents in the same
1949 period. -
Best Foods, Inc, earned $l.844,-
299 or $1.23 in March quarter VS..
$1,05l,118 or 10 cents a year
earlier.
American Chicle Co. profit for
March. quarter was $1,182,l89 or
81 cents VS.. $l,023.510 or 10 cents
in the same l949 period.
Timken Detroit Axle Co. earned
81 .167 ,099 or 81 cents in March
quarter VS.. $1.485,411 or So cents
year earlier.
National Supply Co. net income
for March quarter was $849,674 or
a cents VS.. $3.060.277 or 81 in the
same 1949 period.
Van Raalte Co. earned $805, ,987
or $2.08 in March quarter VS..
$532.ll9 or $l.37 year earlier.
Brown e. Bigelow profit for the
year ended January 81 was 81, 2,sO9,- :
SIT or 1921 VS.. $2,746,419 or $2.O9
in the preceding fiscal period.
TrailmObile Co. earned 1929 ,342
or $l.37 in three months ended
March 81 VS.. $74,642 or 10 cents a
year earlier.
Joy Mfg. Co. net profit for March
quarter was $583,843 or Sc cents
VS.. 81 .248.3 1927 or $1.46 in the same
1949 period.
GlenmOre Distilleries Co. earned
$4l6.242 or SO cents in March
quarter VS.. $731.804 or 10 cents
a year earlier.
Reed Roller Bit Co. profit for
March quarter was $33l,332 OF
so cents VS.. $470,217 or rs cents
in the same 1949 period.
Allen Industries, Inc, earned
j 1924, $50 or SO cents in March
quarter VS.. $254,251 or As cents
a year earlier.
II Butler Brothers has net income
of $25l $50 or 13 cents in March
quarter VS.. deficit of $287 ,632
in the same l949 period.
Master Electric Co. earned
i $250,865 or so cents in March
quarter VS.. $139,945 or % cents
a year earlier.
American Seating Co. profit for
March quarter was $161,740 or
81 cents VS.. $359,784 or $1.42 in
the same 1949 period.
Florence Stove Co. earned Sat-
463 or 43 cents in March quarter
VS.. loss of $33,743 a year earlier.