Evening star., 1943-05-13
Business Briefs


during the week ended Wednesday
declined to s9,2l5,528 900, or $685.
$4,000 below the 12-year-record of
the preceding week, but 45.7oe above
Sc, 1926, 6,942 900 in the same week, Dun
& Bradstreet reported. Leading
gains over year ago: New York,
70.49o; Omaha, 69%; Portland, Greg,
484eo; Seattle. 374ee Boston. 1857;
Baltimore, 1921: San Francisco,
1885,; Minneapolis, 1887. Buffalo
and Chicago totals were down
slightly.
Freight Loadings in the week
ended last Saturday totaled 816,55l
cars, an increase of 27,786 cars. or
$50 above the preceding week, and
a decline of 22,735 cars, or 2.79o from
the same 1912 period, the Associa-
ton of American Railroads an
nOllnced.
Gasoline Stocks of the nation de-
creased, while supplies of fuel oil
increased in the week ended May 8,
the American Petroleum Institute
reported. Gasoline stocks declined
1868, 900 barrels to 88, ,166 ,O00 against
90.029 900 in the preceding week and
100, 100000 a year ago. Light fuel
oils rose 46l 900 barrels in the week
to 31,663 900. while heavy fuel oils
were up $4,000 barrels to 67,577,00O
The index of civilian supplies of
gasoline and fuel oils on the Eastern
Seaboard declined to a new low OF
25.5'c of normal, against 262 on May
l and COL on September II, 1912.
Hardware Sales of 1,245 independ-
ent retailers over the Nation in
March were 25%e ahead of February,
but remained So behind the same
1912 month, Hardware Age reported.
Sales in the first quarter were TO
below year ago. Sales of 346 hard
ware wholesalers in March were 15es
above February, but 10 under
year ago
Breaking q Precedent, members
Of the Chicago Board of Trade voted
to add three non-members, repre-
senting agriculture and the general
public. TO the Exchanges board of
directors. The vote was taken after
Philip R. OBrien, president of the
exchange, requested it as means
of acquainting farmers with the
services the board is rendering
them" OBrien said he would
shortly present the names of three
men to serve one-year terms.
Canadian Newsprint Shipments
increased in April for the first
month since March 1912, totaling
243,8l3 tons, gain of 5,467 tons or
2.3% over April 1912, the Newsprint
Association of Canada reported
Shipments in Canada and to over
seas customers increased 0.7eo and
1857 respectively, while those to
the United States declined 2.5w
Shipments represented $780, Of
capacity, compared with 646oa In
March and 644oo in April last year.
United Air Lines earned s982.779
or 65 cents share in the first quar-
ter, against S143.OO2 or. 9 cents
share year ago. Commercial op-
Grating revenues were 27.7Go abov
year ago, while operating cost
were down 86%e.
Pacific Gas e. Electric Co. earnet
$22,472,274 or s225 a share in twelve
months ended March 81, against
s21 ,425,395 or S213 share in the
preceding year.
Tide Water Associated Oil Co.
earned s2,656, 1877 or 80 cents share
in the March quarter, compared with
nCQ el,~
ago
Ohio Oil Co. earned s3,124.O78, or
46 cents share in the first quarter,
compared with $2,953,075, or 40 cents
a share year ago.
international Nickel Co. of
Canada, ltd, earned $8,075,23S or
So cents share in the first 1912
quarter, against $8.071 1866 or 50
cents a share year ago and So
239, ,709 or 60 cents a share In the
same 194l months.
Timken Roller Bearing Co. earned
$1,579,513 or IS cents a share in the
first quarter, against s1.461 1866 or
60 cents a share year ago.
Niagara Hudson Power Corp.
earned s911,776 or 91z cents a
share in the first quarter. against
S586.379 or cents a share in the
same 1912 period
Square d Co. earned $679,2O3 or
S1.56 a share in the first quarter.
compared with $1,019,101 or $236
share year ago.
Consolidated Film Industries
earned $248,164 or 81 cents a share
on the 50 preferred stock in the
first quarter, compared with a re-
vised profit for the same 1912
period of $174,38O or 43 cents
preferred share.