Evening star., 1943-11-03
Business Briefs
Bank Loans for con,noerca in,

Try and agriculture in lOl leading
cities totaled S6,424 900 900 on Octo-
Der 27 a gain of $63OOO.OOO over q
week earlier, but $157 900 900 below
a year ago, the Federal Reserve
Board reported. Holdings of Gov
ernment obligations, both direct and
guaranteed, totaled s38 327 900 900,
decline Of 1855 900, 900 from a week
earlier. but Sl4,54l 100000 above a
year ago, Treasury bill holdings
declined $254,0OO,0OO and Treasury
certificates decreased s44 100000 In
the week.
Iron Ore Shipments on the Great
Lakes in october reached ll,6l2.542
tons, new record for the month
which compared with 11,417,074 in
the same 1912 month. the Lake Su-
perlor Iron Ore Association an
nounced. In 10 months, tonnage
reached 76,7l4,837, compared with
83,858,527 IN the same period last
year. To date the total is 10000 900
tons behind the 86,500,OO0 goal set
for l943 by the WPB
Crude Oil Output declined 1880
barrels daily in the week ended Oc-
tober 80 to an average of 1896, 300
barrels daily. the Oil and Gas Jour-
nal stated. Declines in Kansas and
California accounted for most of the
drop.
CarnegieI Illinois Steel Corp. re-
ported that workers set a new all
time production record in October
by turning out more than 1000 900
lngot tons of steel This was II 900
tons higher than the previous record
set in August. The corporation add
ed there was plenty of coal to keep
furnaces busy in October.
Republic Steel Corp. announced its
mills averaged 1910 of theoretical
capacity in October to produce more
steel lngots than in any previous
month of its history. Since January
l, l94l, Republic has turned out
24.l2l 900 tons of steel ingots.
Pullman Standard Car Mfg. Co.
reported the largest single order for
railway passenger cars of one design
has started rolling in volume from
its assembly line at Michigan City.
The order calls for 1900 new triple
deck Pullman sleepers for Army use
at the rate Of II to l8 a day.
international Nickel Co. of Canada,
Ltd, earned s23,20545l or $l.49 a
share in nine months ended Sep
tember 30. compared with S24 4,377,-
l24 or Sl57 a share a year ago.
A ATNnrco rnyoIjtinpr
sulting from labor shortages may
cause further drop in earnings
with consequent cut in the divi-
dend rate for 1914, said Chairman
Robert c. Stanley.
Southeastern Greyhound Lines
earned S700989 or S2.56 a share in
the September quarter, compared
with s447,20l or sl62 a share a year
ago
Coca Cola International Corp.
earned 1898 $50, or s483 a share. in
the September quarter, compared
with s1,029.8S4, or S494 share. a
year ago. Directors declared a divi-
dent of $500 a common share pay
able December Is to holders of rec
ord December /. The years divi-
dends total s2985, against s29 80
last year.
American Safety Razor Corp.
earned S712,068, or SLAB a share, in
nine months ended September 80,
compared with s609,839, or SLIT a
share, year ago Net for the Sep
tember quarter was S206,26S or AZ
cents share, against $3O1 1873, or SO
cents a share, a year ago.
Lone Star Gas Co. earned S3,21O,-
O63 or So cents a share in nine
months ended September 80, COM
pared with $4,06l, ,904 or 70 cents a
share in the same 1912 period.
Omnibus Corp. earned S767,755 or
81 cents a common share in the
nine months, compared with $685.
263 or S545 a share on the So pre-
ferred a year ago.
Newport Industries, Inc. earned
Sl95 1863 or 80 cents share in the
September quarter, compared with
SS3,169 or 13 cents a share a year
ago.
Hancock Oil Co. of California
earned S265.353 or Sl18 a share in
the September quarter, compared
with Sl50,826 or 81 cents a share in
the same 1912 period.
Bausch & Lomb Optical Co. earned
$1,l90388 or s24l a share in six
months ended September 30, COM
pared with 81 1858 ,866 or s2.57 a share
a year ago.
koppers Co. earned s4,436 67O or
1924 share in IL months ended
September 30, compared with
IS ,649 ,200 or S445 a share In the
same period last year.
Standard Oil Co. of Ohio earned
s3,525, $50 Or S4O7 share in nine
months ended September 30, COM
pared with $4,294, ,260 or S.. .08 a share
a year ago. Gross was $103,653,O92
,Ne4