Evening star., 1944-10-20
Business Briefs

money In circulation continued Its
steady climb to reach S24, l57 900, ,OOC
on October l8, a gain of $4,000. .OOC
from week earlier and S5,l38, ,OoO.-
900 above a year ago. the Federal
Reserve Board reported. Gold stock
totaled $40, ,728 100000, a rise of So
100000 from a week earlier. but ST.
100000, 900 below a year ago.
Johns -ManyiIle Corp. reported it
prepared and filed II, 1,588 reports and
missionaries for various divisions
of the Goverrment during 1943, an
average of one every two minutes
In 1912 only 27,198 reports were re-
quired.
Atlantic Refining Co. and subsid-
iaries earned S10586,OO0 or 1881 a
share in months ended September
30, before renegotiation. compared
with S5,393 900 or S186 in the same
l943 period.
Lehigh Valley Coal Corp net fol
months was s1,397, ,625 or s6.15 a
preferred share VS.. S9801l7 or S43l
preferred share a year ago.
Caterpillar Tractor Co. earned
S5, ,546, 1856 in months ended Sep
tember 80, compared with S5,949 16e
in the same period last year. Net
for September was S600,89O VS.. S844,-
009 in the same 1943 month.
Eaton Mfg. Co. net for months
ended September 80 was S2,925. .75e
or S4.15 share. before renegotia
ton, compared with $2,928,479 OF
S4l6 a year ago.
Worthington Pump g. MACHINERY
Corp. earned S2l29,893 or S586 g
share in 9 months ended September
= 30 VS.. $3,073,4 or SO .38 in the same
l943 period.
Nehi Corp. net for months was
S727, ,404 or Sc cents a share VS.. $769,-
420 or 70 cents year ago
Best Foods. Inc, earned S626, ,371
or AZ cents in the third quarter VS.
S837,353 or Sc cents in the same
l943 period.
Continental Steel Corp. net for 6
months ended September 80 was
S443,902 or 1921 VS.. S481 ,6l8 or 81. Il
year ago, after provision for divi-
dends on preferred then outstand-
ing.
General Cigar Co, Inc, earned
S679,415 or 88 cents in 9 months VS.
S962,68 or 81 48 a year ago.
Continental Baking Co. net for l;
weeks ended September 80 was $685..
090 or IA cents VS.. $859,298 or 81
cents in the like 1943 period.
Underwood Elliott Fisher Co. earned
S1,53l,137 or s209 share in !
months ended September 80 VS.. 81.
1886, 500 or S1.89 a year ago.
Pittsburgh, Cincinnati, Chicago &
st. Louis Railroad. a unit in tn,
Pennsylvania System, was author.
lied by the ICC to issue $23,735 ,OOl
of new 3$s C. series E bonds to re.
deem like amount of general mort
gage C's.
Western Union Telegraph Co. viii
file motion for reargument of {
case in which the New York Stat,
Court of Appeals recently ruled tn,
firm liable for Federal income taxe
against Gold & Stock Telegraph CO
Lanston Monotype Co. declared /,
dividend of 81 share, payable No
vember 80 to holders of recort
November Is, bringing 1914 divi
dends to SO VS.. SITS in 1943.
Goodall- Sanford, Inc, declared
an initial dividend of S711a cents {
share, payable December l to hold
ers of record November 20.
Massachusetts Investors Trust re
ported net assets of $l52,541, ,277 o.
S2l.97 share on September 80 VS.
$l40,643,966 or $20.64 share a yea
ago.
Studebaker Corp. sales this yea,
will set new record of aroune
s420,G00,000, compared with 1854,
1921 in 1943, President Paul G
Hoffman announced.
United States Rubber Co. appoint.
ed Henry C. McDermott genera
sales manager of Gillette Tires.
National City Bank appointed
Merton E. Squires vice president.