Evening star., 1943-10-03
Business Briefs

Business Activity expanded in the
last week according to the Business
Week index, which advanced to
212.9, compared with 1923 in the
preceding week, 2l2.4 month ago
202.2 six months ago and 1869 a
year ago.
A New l943 Peak for Grain Deal
ings was set on the Chicago Board
OF Trade, which reported volume
totaled l21,l89000 bushels in the
week ended October l, compared
with 5,463 900 in the preceding week
and 50,693,000 in the corresponding
1912 week. Suspension of Winnipeg
wheat trading was considered mainly
responsible. Chicago volume in
cluded 5l,464,0O0 bushels of wheat,
"a $4,000 of oats and 45,399,O 900 of
rye.
Freight Loadings in the fourth
quarter are expected to total 8s42,-
274 cars, compared with 8,911,673 in
the same period last year, according
to estimates of 13 shippers advisory
boards. The Atlantic States Ad-
vlsory Board estimated loadings in
It's territory would total 838,083 cars,
compared with 857363 in the same
1912 period
A Lull in Wholesale Markets was
noticeable in the last week, reported
Dun g. Bradstreet, Inc. The number
OF buyers registered was below the
previous week and a year ago, par
TALLY as result of the religious holi-
day. There was heavy reordering of
few fall and winter items, but the
bulk of the business was done in
early ordering of spring and summer
goods
Higher Wholesale Commodity
Prices in the week ended October l
were reflected by the index of Nc
Gill Commodity Service, which rose
to 1040, compared with 1035 a week
earlier, 1907 at the start of 1943 and
1901 year ago.
War Production Is More Than Off,
setting Curbs on regular lines in the
agricultural machinery industry,
Standard & Poors Corp. declared.
Volume is running above a year ago
and further gains are assured by
recent liberalization of farm ma
chinery quotas. Earnings are believed
below 1912. but in no case is large
recession indicated and the larger
regular line prospect suggests higher
profits next year.
Gulf Oil Corp. earned $11 1,l22 1865
or ST. 23 share in six months ended
June 80, compared with S12,258, 1868
or Sl35 share in the same period
last year.
Carpenter Steel Co. earned ST.
339 200 or 1912 a share in the fiscal
year ended June 30, compared with
Sl,7ll,60l or s4.75 a share in the
preceding year. Latest results were
subject to renegotiation. but after
provision of Sl,400,0O0 for postwar
inventory adjustments and con-
tingencies.
General Electric Co. has appointed
Arthur A. Brandt, a native of the
District of Columbia. general sales
manager of its electronics depart
ment Mr., Brandt joined G. f. in
1887. Formerly he served as sales
manager Of radio, refrigeration and
major appliances for large dis
tributors in both Baltimore and
Washington. and at one time was
general sales manager of the Wash
hgton branch of Kelvina tor Co.
B. F. Goodrich Co. announced
K. D. Smith has been returned to
Washington Offices of its national
sales and service division, as man
ager of Government sales and serv-
ice, position he left last year for
special work in the Detroit Offices
Baldwin Locomotive Works has
retained national engineering firm
to prepare program of postwar
activity looking to improvement of
present products and development
of new products in the heavy indus
try field, President Ralph Kelly
revealed