Evening star., 1944-02-11
Business Briefs

l1I lOldlCu 1GU,-
$4,000 .0G0 on February 9, gain of
$50 100000 from a week earlier and
S4,788, 100000 above year ago, the
Federal Reserve Board revealed in
its weekly summary of member banks
condition. Member reserve balances
totaled sl2, ,482 900 900, a drop of $685.
100000 from a week earlier and
S265 100000 below year ago. EX-
cess reserves were $3.50 100000, a
gain of $10,oOo,0OO from week
earlier.
Engineering Construction Awards
over the nation averaged S39, 100, 900
a week in January, 1lfo above the
December average, but 31fo below
the average for January, 1943, the
Engineering News-Record disclosed.
Volume for the last week was S23,-
$4,000, 359e below the preceding
week and 679o below a year ago
Hosiery Shipments in 1943 totaled
152,904,621 dozens of pairs against
1886 ,044 in 1912, the National As
sociation of Hosiery Manufacturers
announced.
State and Municipal Financing in
January totaled $55,708,571 against
S18,380,000 in December and $751;
172,641 in January. 1943, the Daily
Bond Buyer reported.
Stock Exchange Memberships
were quoted at $4,000, highest since
May, 1910, and $4,000 above the pre-
vious transfer, in two sales today.
A Curb Exchange seat sold at $4,000,
a gain of $1,000 over the previous
sale.
United Air Lines reported revenue
passenger miles in January totaled
31,592,100 against 20,536,6OO a year
ago, a gain of 53%e, Plane miles
totaled 1,854750 against 1,603,351 a
year ago, an increase of 16&o.
Montgomery Ward G. Co. sales in
January were $35,810,167, a drop of
104To from 1888 ,461 a year ago.
In IL months ended January 81, they
totaled 1884 ,268,877 against $674,-
341,970 in the previous year, de-
cline of $50.
United States Rubber Co. earned
$14,163,554 or $500 share in 1943,
. compared with $8,3S1,011 or $1.82 a
! share in 1912 when the firm had
! war losses of $15,487,414. Sales in
1943 set a new record of $422 ,271 ,343,
a Jump OF 459o over 1912.
General Shoe Corp. earned $1,251,-
: PAT or $1.93 share in IL months
ended January 81, compared with
$l,013,722 or $1.56 a share in the
same period year ago.
Liquid Carbonic Corp. earned
$460,329 or So cents a share in three
months ended December 81, COM
pared with $58,849 or 3 cents share
in 1912.
New Jersey Zinc Co. earned S.
{ S84,725 or $3.50 a share in 1943, COM
pared with 1921 1896 or $3.50 share
/ in 1912.
! Plymouth Oil Co. earned $2,237,-
SGT or $2.16 share in 1943, COM
! pared with $1,774, 145 or $169 share
(. in the previous year.
) Consolidated Paper Co. earned ST.
4, 222, ,048 or $1.63 share in 1943, COM
I; pared with 81 ,063 500 or SLAP share
in 1912
: Pullman-S Standard Car Mfg. Co.
5 has added greatly to it's knowledge
!, of welding and materials while turn
d; ing out shells, mortars, tanks, bombs,
artillery carriages and other war
items, said President C. A. Liddle
This will result in greatly improved
streamline trains after the war, he
predicted.
Emerson Radio e. Phonograph
Corp. will launch an intensive ad.
vertising campaign February 27 in
: newspapers of SO key cities and a
weekly radio program, Green VAL
4; ley, U. S. A." on coast-to-coast
; network.
American Locomotive Co. ap-
pointed c. D. Williams as vice presi-
dent and general counsel, and Carl
A. Sundberg as secretary.