Evening star., 1943-04-29
Business Briefs

Business Briefs
Bank Clearings in % leading
cities declined during the week end
ed Wednesday, but remained 23.4%
above year ago, Dun & Bradstreet,
Inc, reported The total was
s8,4l5 ,556,00o, or $1,366 $4,000 below
the previous week. Important gains
over year ago included: Denver,
51.9o; Dallas, 46.5%; Houston,
41.2T; Seattle, 3SGs; st. Louis,
36.2qo; Minneapolis, 35.3go; Kansas
City, 1920.
Freight Loadings in the week
ended Saturday totaled 794,194 cars,
the American Railroad Association
reported. This was gain Of 1926,
or 1.7go over the preceding week, a
decrease of 67163, or 1870 from a
year ago and gain Of 72,567, or
1919 over two years ago.
Synthetic Shoe Soles, which are
said to give 500 more mileage"
than leather have been developed
by Sanford Carpet Co. The
product is made of tightly woven
cotton treated under pressure with
synthetic resin to increase resist
ance to abrasion, heat and moisture
Substantial orders have been placed.
The cost is about the same as for
sole leather.
Higher Wholesale Food Prices
boosted the Dun & Bradstreet index
2 cents to equal a 23-year peak in
the week ended April 27. On that
date, the index stood at SAIL, COM
pared with 1888 a year ago, or
gain of 11.7eo.
General Foods Corp. sales in the
first quarter set new record of
! SCI ,066,571 compared with $55,846,-
| 37l year ago. Earnings we're
| S3,579992, or IS cents a share,
against S2,737 ,491, or 40 cents year
ago. Tax provision amounted to
S6,457 900, against $6,303,542 a year
ago.
Studebaker Corp. earned S939.514
or AZ cents share in the first
quarter, against $207 ,584 or 9 cents
share year ago. The latest fig
ures were after all charges and
100000 provision for contingencies,
but before renegotiation of war
contracts. Sales in the quarter to-
tailed S73508,023, against s35,69O,-
593 year ago
Boeing Airplane Co. earned S.
1000 in 1912, compared with So
10000 in 1941, although sales
jumped to $500, ,32O 900. compared
with s97,210,OOO in 1941. More
than eight times as many Flying
Fortresses were delivered in 1912 as
in 1941.
Allis- Chalmers Mfg. Co. earned
ST ,432,l l37 or o012 cents a share in
the first quarter, against 81 POI ,O96
or 67la cents share a year ago.
Marshall Field & Co. earned ST.
223, ,427 or 81 cents a share in the
first quarter, compared with 81 l041,-
0l9 or 42 cents share year ago.
Dixie Cup Co. earned S936,617 or
S255 a share in the year ended
March 81, against 1910, 300 or S2.58
share in the preceding period
Standard Oil Co. of New Jersey
and subsidiaries earned S83 .361 ,92O
or S3.06 share in 1912, against
$40, O,572,4l9 or S5.51 a share in 1941.
Earnings of the parent company
alone were $889O7.077 or 1926 a
share, against S84,826, 764 or s5.51 a
share in 1941.
International Silver Co. earned
S236,l4 or ST. a share in the first
quarter, compared with S295 1850 or
S228 share year ago
Anchor Hooking Glass Corp.
earned 1882, 1865 or S2O4 share
in II months ended March 81, COM
pared with 1852 ,499 or S1.94 a share
in the preceding year
American Stove Co. earned $123,-
28l or % cents share in the first
quarter, compared with S3l9,879 or
SO cents share year ago.
General Outdoor Advertising Co.
reported a loss of S84,8O9 in the
first quarter, compared with def
cit of S296,602 a year ago
Hinde & Dauch Paper Co. earned
$241 ,467 or 54 cents a share in the
first quarter, compared with $685.
537 or go cents a share a year ago.
E. l. du POnt de NemOurs g. Co.
earned $14,739,314 or S116 a share in
the first quarter, compared with
S14,310,157 or SLIP share a year
ago.
Inland Steel Co. earned 81, Toe. .321
or STA share in the first quarter,
against $2,689,090 or S165 a share
year ago. Directors declared a divi-
dend of 81 a share on the common,
payable June l to holders of record
May IA.
Revere Copper & Brass, Inc,
earned $884,152 or Sc cents a share
in the first quarter, against 1895 ,65S
or 81 cents share year ago.