Evening star., 1943-10-14
Business Briefs
Bank Ciearinxs in % leading

Bank Clearinss in % leading cities
totaled $6.8l3, l65 900 in the holiday
week ended yesterday, we'll below
$8,9l2 ,945 900 in the preceding full
week, but 8.2% above s6.299, sol 900
in the corresponding week last year
Dun IL Bradstreet, Inc. reported
Important city gains over year
ago: Minneapolis, 323nt San Fran
cisco. 24.3fo; Atlanta. 242%, Omaha,
$780,, Richmond, 1867, Buffalo,
1857. Chicago and Cincinnati re-
ported small declines.
Electric Power Production In the
week ended October o amounted 10
4.34l ,754 900 kilowatt hours. com
pared with 1859 .O03 900 In the prev
ious week. but was l73T, abote g.
702 ,299 900 in the like 1912 week,
the Edison Electric Institute an
nounced. Regional gains over a
year ago: Pacific Coast. 24.5g.: New
England, 81; Mid-Atlantic, 1877:
Central Industrial. 1897; West
Central. 69T; South, 208ee; Rocky
Mountain, 1917.
Freight LoadinEs totaled 9O6 .276
cars in the week ended October 9.
drop of So from the preceding
week and 80 below the correspond
ing week year ago, the Associa-
ton of American Railroads re-
ported.
Cotton Consumption In Septem-
Der totaled 872 l09 bales of lint and
llo.640 bales of linters, compared
with 959,732 of lint and ll49H of
linters in the same 1912 month. the
Census Bureau disclosed. Spindles
active in the month numbered a.
63l 1893 against % .988,254 a year ago.
Bituminous Coal Output in the
week ended September 9 approx
mated 100000 net tons against
l2,080, 900 in the previous week and
was 31% above 1853 900 a year
ago, the National Coal Association
estimated
Crude Oil Production in the week
ended October reached a new high
mark by averaging 1890, 800 barrels
day. the American Petroleum
Institute revealed. The daily aver
age was $4,000 barrels above the
preceding week and more than 50O.-
600 above a year ago. Civilian stocks
OF gasoline and fuel oils on the East
Coast rose to 46.3oo of normal on
October 9. compared with 44.4% a
week earlier and $780, a year ago.
Nationwide gasoline stocks totaled
81 100000 barrels. compared with
7O128 900 week earlier and II .4O6,-
600 a year ago.
Illinois Central Railroad announced
1t will receive bids on October 10 for
SIS 900 900 of equipment certificates.
Earlier this year, the carrier reject
ed lone bid submitted by Halsey
Stuart & Co.
General Tire & Rubber Co. will
build $3,750oO0 plant, possibly at
Waco. Tex. for production of SYM
thetlc tires and tubes, rubber circles
at Akron understood Stockholders
will vote November l9 on proposed
issuance of $4,000 shares OF new pre-
ferred stock. Proceeds would be used
to redeem present outstanding pre-.
1erred. to help finance construction
OF new plant and to provide funds
for postwar conversion, the company
announced
Goodyear Tire & Rubber Co. re-
ported its synthetic rubber construc-
ton program, including plants built
to Government order, was 85cc COM
pleted. Total capacity will be 100000
tons Of Government rubber IS"
CA of
type called for under the Govern
ment program.
New York Air Brake Co. earned
$693,307 or $267 a share in nine
months ended September 80, COM
pared with $915,8 or $3.50 a share
in the same 1912 period.
Marine Midland Corp. earned ST.
l56,585 or 20 cents a share in three
months ended September 30, COM
pared with $751, ,489 or l3 cents a
share in the same 1912 months.
Woodward Iron Co. earned $844,-
BIG or $2.51 a share in nine months
ended September &c. compared with
$6l8,184 or $1.84 share in the same
period last year.
Phoenix Securities Corp. reported
net asset value on August 81 was
equal to $3118 a common share.
compared with $2225 on February
% and 1892 a share year ago.
COntainer Corp. of America earned
81 ,363.583 or STA a share in nine
months ended September 30, COM
pared with $1,738.475 or 1922 a
share year ago. In three months
ended the same date, net was $780,
1854 or 68 cents a share, compared
with $509,570 or IS cents a share a
year ago.
Pullman Co. reported August net
income of $6l2,720 against 81, ,174,909
wear apn Nat for einhf mont he