Evening star., 1943-06-03

DahA CieATlngS IN Z3 leadlng cities
declined sharply to $7,7es. 1877, 900 in
the holiday week ended Wednesday,
compared with $s,es7 1888 900 in the
preceding week, but remained 234es
ahead OF s6,293 1854 900 in the same
1912 week, Dun & Bradstreet, Inc,
reported. Important gains over a
year ago included: New Orleans,
1917; Dallas, 546: Houston, 49.s;
Atlanta, 4o.5; Richmond, 335; New
York, 3l.9; Omaha, 303. Slight de-
cllnes were reported in Boston.
Philadelphia and Buffalo.
Electric Power Production in the
week ended May 20 slackened slight
ly but still ran close to peak levels
at 3,990,040, 900 kilowatt hours, Edi-
son Electric Institute announced
The total was 20.lee above a year
ago. Regional gains over year
ago: Pacific Coast, 334Te; South,
pa; Mid-Atlantic. 202, Central In
dustrial. 1854; Rocky Mountain, l59;
New England. 1872; West Central,
1l.2. At the Institutes annual meet
ing, President w. C. Kellogg said
the Nations generating capacity has
increased 6,500.000 kilowatts since
June, 1910. to about 47,50O 900 and
should reach 5o,o0o,ooO by the end
Of this year.
Civilian Fuel Oil and Gasoline
Stocks on May % we're near their
recent low, according to the Ameri-
can Petroleum Institutes index,
which eased to 25.7eo of normal,
compared with 26.8oo a week earlier
and 60lre on September II, 1912
The low of 1850 was reached May
8. Nationwide stocks of light fuel
oils increased $1,000 barrels to 32.-
274, 900 in the latest week. heavy
fuel oils declined $4,000 barrels to
67,682 900, while gasoline stocks de-
cllned 1894 900 to 83,937,OO0
Heavy Railroad Traffic in War
time was reflected by the April
net income of 1876 class 1 lines,
which jumped to s83 100000 COM
pared with s57,889,702 a year ago,
the Association of American Rail-
roads reported. April operating rev.
enues totaled $749, ,797,9 ,981, compared
with s572 ,530,9l5 a year ago, while
operating expenses jumped to
S442, ,l48,637, against 1896, 755 TAO a
year ago. Net for four months ended
April 30, after interest and rentals,
totaled $293, 100000, compared with
sl49,419,932 in the same 1912 period.
Four months operating revenues to-
tailed $3.50 1862 ,269, compared with
S2056, ,007,8l a year ago.
Neisner Brothers. Inc, sales in
May totaled s2,866,73l. against ST.
1882 a year ago. The gain was
the 26th consecutive monthly in
crease. Sales in the first five months
OF l943 totaled $l3,e07 oil, a gain Of
2lGa over $lO,743.18O in the same
1912 period.
Chesapeake & Potomac Telephone
Co. at Charleston, w. Va, indicated
to the Board OF Public Works it's
acceptance of a 1943 valuation of
sl7,250,000 for State tax purposes
H. R. Maddox, representing the
company said the utility felt it has
good reason to believe the assessment
should be the same as that for 1922
when the valuation was $1,000, 900,
but would file no written protest.
Grand Rapids Industries, Inc. a
combine of IS furniture plants, dis
closed purchase from General Air
craft Corp. of the manufacturing
license and patent rights for a light
airplane, the Skyfarer. I'VE plan to
produce the Skyfarer for possible
military use and then redesign it for
private flying after the war; Presi-
dent Frederick H. Mueller of the
combine declared.
American Rolling Mill Co. reported
record 1912 sales of $18o,97S,S67