Evening star., 1943-09-16
Business Briefs

enQed september 10, compared with
$6,639, ,845 900 in the preceding holi-
day week and were 1850 above ST.
531 $500 in the corresponding
1912 period, Dun & Bradstreet, Inc,
reported. Important city gains over
a year ago: New Orleans, 57.4%;
Boston, 51%o; Houston, 3179s; Phil
adelphia, 3l.1B and Denver. 279o.
Small declines were recorded at Gin
cinnati and San Francisco.
New Life Insurance written in Au-
gust was 21.8%o higher than in the
like 1912 month, the Association of
Life Insurance Presidents an
nounced. In the first eight months
OF this year volume was 3.6e5 above
the same period last year.
Freight Loadings in the week end
ed September II totaled 834.67l cars.
a drop of 7.4% from the preceding
week and 2.4% above year ago, the
Association of American Railroads
revealed.
American Stores Co. sales in Au-
gust totaled s14.611,597 against $751;
785,85l in August, 1912, a drop of
7.4%o. Sales in eight months totaled
$132,815631 against $134,629, 1903
year ago, a decline OF 1875.
E. L. Bruce Co. earned S543 $50, or
$3.49 share in the year ended June
30, compared with Sill, ,507, or $4.75
a share in the preceding year.
Diamond Shoe Co. earned $403, 1893
or 80 cents a share in six months
ended June 80, compared with S428,-
OTIS or 96 cents q share in the same
1912 period.
q National Power & Light Co.
earned $6,360,947 or 81 share in
the year ended July 81, compared
with $4,857 $40 or 60 cents share In
the preceding year.
Duplan Corp. earned SAL ,537, or
81 .33 share in the year ended May
81, compared with $454,027, or $l.15
a share in the previous period.
United Wall Paper Factories, Inc,
earned $394.792 in the fiscal year
ended June 80, compared with $780,
882 in the preceding year. Latest
results were after all charges, in
Guiding provision of $81 500 for con-
tingencies. Sales for the year set a,
new record of $10,226, ,401, a 259o in
crease over the previous year.
Campbell. Wyant & Cannon Foun-
dry Co. earned $4l2,824, or $1.20 a
share in six months ended June 80,
compared with s323,517, or "a cents
a share in the same 1912 period.
Oppenheim. Collins & Co. earned
1921 ,236, or $160 share in the year
ended July 81, compared with $184.-
023, or 80 cents share in the pre-
ceding II months.
Reading Co. reported July net in
come of 1877, against 81 ,408. 1863
a year ago. Net for seven months
was 81 7,403, ,523, against $7,112,575 a
year ago.
Denver & Rio Grande Western
Railway Co. plan drafted by the ICC
was approved by Federal District
Judge j. Foster Symes at Denver,
Governors of the New York Stock
Exchange suspended dealings in the
81 cumulative preferred stock of
the road on reports that the plan
made no provision for the preferred.
American & Foreign Power Co.,
Inc, asked the SEC to approve pro
posed issuance of $50 100000 princi-
pal amount of serial notes to
group Of 10 banks. Interest is not
to exceed go. The $4,000, 900, plus
S5000,000 from the company treas
ury, will be used to retire at an in
terest saving 6%o past-due note
dated February IA, 1885, and held by
the company's parent, Electric Bond
& Share Co.
Childs Co. will retain its present
officers as reorganization aides. Fed
eral Judge Edward A. Conger de-
cided at New York in response to a
petition from John F. X Finn,
trustee
The judge denied a countermo-
ton seeking dismissal of the officers
Food Machinery Co. announced
purchase of controlling interest in
the Niagara Sprayer g. Chemical Co.
of Middleport, N. Y, pest-control
manufacturing firm. President Paul
Davis of Food Machinery said the
New York firm would be operated as
separate unit under the present
management.