Evening star., 1943-10-21
Business Briefs
,ank r1earino

1
Bank Clearings in % leading cit
les totaled $9,991 400 900 in the week
ended October 20. compared with
Sc ,813, ,165, 900 in the preceding week,
and was 1927 above S8,378 1868 900
in the corresponding 1912 period,
Dun & Bradstreet, Inc, reported.
city gains over a year
ago: Richmond, l729Ts; Minneap-
oils, 312T; Omaha, 25.4Te; Chicago,
242%; Atlanta, 1887. Boston and
Seattle reported declines of 1880
and 20,2fo, respectively.
Freight Loadings totaled 912,323
cars in the week ended october l6,
a gain of .795 over the preceding
week and 1.29s above the corre-
spending 1912 period the Associa-
ton of American Railroads disclosed.
Crude Oil Production reached a
new high daily average of 4,411, $50
barrels in the week ended October
16, compared with 1890, 300 a day in
the preceding week and 1902 $50 a
year ago, the American Petroleum
Institute announced. Nation wide
gasoline stocks, however, declined to
SO, 1872, 900, compared with 69,708,000
a week earlier and 76,587 900 a year
ago. The index of civilian gasoline
and fuel oil supplies on the Eastern
seaboard advanced to 48eo of nor
NAL, compared with 46.3es a week
earlier and 57.5Ts a year ago.
An August Employment Record Of
$4,000 900 persons was reported by
the Industrial Conference Board.
Men and women of the armed serv-
ices were included. Only 4,400,000
males IA years old or older remained
outside the labor force. and the
board estimated that 60T of these
were too old or unable to work, while
the rest were in school More than
34,000,000 women in this age cate
CORY were outside the labor force,
however. Excluding schoolgirls,
around 100000 able-bodied women
were engaged in housework, or only
a million less than year ago
Chesapeake & Ohio Railway Co.
announced it had been advised by
legal counsel that Federal income
taxes will not apply to a dividend of
$40 share payable in l943 series
preference stock, declared out of
surplus and earnings for payment
December l to holders of record
November l., The stock dividend
will not bring about any change in
the stockholders proportionate in
terect in tho coypnopy, tho rojIrooJ Il
reported.
Distilleres Corp -Seagrams, Ltd,
has undertaken negotiations for the
purchase of Frankfort Distilleries. it
was reported in whisky trade circles
at New York. No arrangements
have been concluded, it was en-
phasized, but the price for the
property if sold, was expected to
exceed s4O,0OO,000.
John r. Thompson Co. earned
s569363 or S192 a share in nine
months ended September 30. COM
pared with s176.732 or SO cents a
share in the same 1912 period. Di-
rectors declared dividend of so
cents a share, payable November 10
to holders of record October 80.
Beech-nut Packing Co. earned
81 1888 866 or s455 share in nine
months ended September 30. COM
pared with sl.895, ,722 or s4.33 a share
year ago
l.. A. Young Spring & Wire Co.
earned s827.727 or s203 q share in
the fiscal year ended July 81. COM
pared with s470,710 or s115 a share
in the preceding year.
Union Pacific Railroad Co. earned
S32, ,708 COS or Sl3.37 a share in nine
months ended September 80, COM
pared with s31 1,424,178 or s12.79
share a year ago.
Pere Marquette Railway Co. re-
ported September net income Of
S206,867 on gross OF S4,585,839
against 1922 1888 on s3.832.819 in the
same 1912 month. For nine months
net was s3,168.737 on a gross of SAL
1854, against s2,153.78O on $751;
o54,775 IN the same 1912 period
Johns-Manville Corp. earned So.
1875, ,526 or s361 a share in nine
months ended September 80, COM
pared with s2885,336 or 1924 a
share a year ago. In the September
quarter, net was sl048.607 or sl.l8
a share against S1,o65,947 or s1.23 a
share a year ago.
Household Finance Corn. earned
s3,420l9l or $3.50 a share in nine
months ended September 80, COM
pared with S4.03l AL or S4.64 a share
a year ago. Small loans in the
nine months exceeded a wear ago" "
said President B. E. Henderson.
although the current wage average
/ IS high, the distribution of high
wages IN uneven. The margin above
necessary living expenses is still
small IN many groups and, for many
OF those with fixed incomes, there
is no margin
Columbia Pictures Corp. earned
/ 81 802 ,200 or S436 share in the
fiscal year ended June 80, compared
with Sl,6l16 $50 or 1884 a share in
the previous year.
Domestic help is hard to find
but you may find it through q
Want Ad" in The Star