Evening star., 1944-12-01
Business Briefs

Money in Circulation reached a
new peak of S24.997 100000 on No
genber 29, a gain of $116.OO0,000
from a week earlier and S5,057,0 ,000,-
300 above a year ago, the Federal
Reserve Board reported. Gold stock
totaled S2O688, 100000, drop of S.
100000 from a week earlier and
81 ,377 900 900 below a year ago
Surplus Property costing more
han Sl00,000000 has been sold by
he Government for more than
S80,000000, the RFC revealed
Life Insurance Policies for S148,-
)O0.O0O000 will be held by around
100000 Americans at the end of
1874, declared President James A.
Fulton of the Life Insurance Asso-
,iation of America at the annual
meeting.
Virginia Electric Power Co. re-
.eived bids for purchase Of trans
0ortation systems at Richmond and
Norfolk from Greyhound Corp, A. C.
Allyn g. Co. Of Chicago and S. A.
JesSup of Charlottesville, Va. YEP
GO will accept one bid or reject all
0y noon. December 5.
Columbia Gas & Electric Corp.
system was ordered by the SEC to
dispose of S196000000 of its assets,
including six operating companies
n the so-called Dayton Cincinnati
group and incidental investments in
II other companies.
American Power and Light Co.
and subsidiaries earned S13696. .232
n S773 share on combined pre-
Serred stocks in II months ended
September 80, compared with S18,-
l99, ,542 or S10.27 in the previous
year.
Standard Gas & Electric Co. and
subsidiaries reported net Of S5,776,-
524 for II months ended September
30, compared with $5.968,320 in the
preceding fiscal period.
WessOn Oil G. Snowdrift Co. profit
for II months ended August 81 was
S2.491 0O2 or S227 VS.. S3,111,917 or
1888 in the preceding year.
Twentieth Century Fox Film Corp.
and subsidiaries earned SO, ,487, ,929 or
"a ST in 3o weeks ended September
g VS.. s9,0O7114 or S453 in the like
l943 period.
Diamond Match Co. net for 9
months ended September 30 was
S1.6O0,448 or S132 VS.. $1,549,523 or
S125 a year ago.
Wick Chemical Co. earned $1,245,-
4O2, or $183 in the September quar-
ter. before renegotiation. compared
with S1.262 STA or S185 in the same
l943 period.
Central Violeta Sugar Co. reported
net of 1858 ,902 or 5000 in IL months
ended September 80 VS.. S220,579 or
S1.55 in the previous year.
Joy Mfg. Co. earned $807,973 in IL
months ended September 80 VS..
S747419 in the preceding period.
Missouri Pacific Railroad net for
10 months ended October 81 was
S142O2,774 VS.. S17898,436 a year ago.
Nirginian Railway earned 81 189,-
101 or 1928 in 10 months ended
October 81 VS.. S4425,471 or $242
in the same 1943 peeriod.
Bendix Aviation Corp. shipments
of aircraft fight instruments in
October reached a new record of
S8,500,0OO. Monthly production is
to be boosted another 10Go to 1870
by January.
Winchester Repeating Arms Co.
announced acceleration of small
arms ammunition production which
will require the hiring of $500 to
5000 additional employees in the next
few months.
Montgomery Ward g. Co. declared
a dividend of so cents a common
share, payable January Is, and a
dividend of $1.75 on class A stock,
payable January 2.
National Sugar Refining Co. de-
clared dividend of 35 cents. payable
January 2. raising 1914 declarations
to S130 VS.. 81 in 1943.
North American Co. contribution
of 115,675 shares of West Kentucky
Coal Co. 10 cumulative preferred
stock and 65,664 common shares to
that subsidiary was approved by the
sEo