Evening star., 1943-03-12
Retail Trade Slowed
By Weather and
Tax DeadIine
Notion-W Average
5 to II Per Cent
Above Year Aqo
By he Associated Press.

NEW YORK, March l2.-The rush
of retail buying was slowed this week
by unfavorable weather in some
regions and the approaching income
tax deadline, the Dun e. Bradstreet
weekly trade survey reported today.
"Stock-up buying, although def
nitely diminished" said the report.
still boosted sales above levels
usually expected at this period and
consumers emphasized the same
lines as in recent weeks
Trade increases over a year ago
narrowed sharply in all sections of
the country. The countrywide
average was estimated to IL per
cent greater than year ago.
Regional percentage increases
were estimated; New England. 5
to per cent. East, to per cent;
Midwest, 6 to II per cent: South, 9
to IA per cent; Southwest, IA to 20
per cent, Northwest, 6 to 8 per cent;
Pacific Coast, IL to l6 per cent,
IN wholesale markets major
emphasis again centered on de-
ilverles, although ordering continued
brisk where goods were available"
Wholesale Price Index (BLS) rose
w per cent more in the last week to
a new peak, 1929 per cent of 1925
| average.
Brokers Loans, week ended We'd
| nesday, dropped to 1896 100000 from
| S464 900 900 in previous week, but
remained above s328,OO0,000 a year
ago.
New York City Revenue Bill Issue
of s40,000000 sold by allotment yes
terday at rate Of 0.55 Of per cent.
Electric Bond & Share plan to buy
own preferred shares with Sl5o0O.-
900 from surplus to be heard by
SEC March 90.
Prime War Contracts for small
plants 900 to 500 employees in
creased 20 per cent in February over
January, War Department an
nounced.
Navy "E" Award was presented to-
day to Aircraft-Engine Division of
Ford Motor Co.
Working at Capacity, Alabama
Steel mills reported increased plate
demand from shipyards is forcing
delays in other deliveries.
Government propaganda question:
ing the nutritional value of sugar
drew complaint from Joseph H. Abb
bott, president, American Sugar Re-
fning Co, who said the sugar indus
| try has suffered untold injury"
Pointed to use as important diet
item for armed forces.
Phelps Dodge Corp. earned S14,-
05l ,560. or s2.77 a share. in 1912.
against s14206,746, or $3.50 a share,
in 194l
Cleveland Graphite Co. earned
s1.5l0,897, or s424 a share, in 1912,
against s1,501.358, or s4.27 a share,
in 1941.
National Cash Register Co. earnei
s3,l36, ,562, or sl93 a share, in l942.
against s3,257,446, or 50 a share, In
! 19dl.
Federal Reserve Member Banks
reported lendable excess reserves in
creased 100000 900 in week and stood
at $3.50 100000 on Wednesday.
/ AAOA>tAAiS oA SPCuIlCleS
rose $500, 100000 and member reserve
balances expanded s187 900. 900.
Air Express Shipments in 1912
weighed 1882 tons. an increase of
93 per cent over 194l and a new
record, the Railway Express Agency
/ reported
Industrial Rayon Corp. declared a
alvidend of so cents per share, pay
aole April l to holders of record
March %
Many More Airacobra Fighters
Will be turned out by Bell Aircraft
Corp. in 1943, President Lawrence
Bell predicted. Company earned
s4,2O3 ,583 in 1912, compared with
s!.s7O,645 in l94l. Sales jumped to
sI3o,763, 1927, against s46,414444 In
l941. -