Evening star., 1944-05-28
Business Briefs

tinues to ease slightly, according te
the index of Business Week, which
stood at 240.0 for the latest week
compared with 2402 in the preced-
ing week, 241.3 a month ago, 243.s
six months ago and 2340 yeal
ago.
WHY'S Overland Motors, Inc, pro-
duction is the largest in its his
tory and the order backlog has in
creased materially in some depart
ments, said President Ward M
Canaday.
J. I. Case Co. declared a dividend
of rs cents share on the new $2s
par value common stock, payable
July 1 to holders of record June IL
Before a four-for-one stock splitur
last December, payments were S;
July l and 81 December "a.
Electric Boat Co. and subsidiaries
reported 1943 net income of $3.280,-
757 or $4.53 a share before renegoti.
alton, compared with $2,951, ,841 OF
1892 on larger number of shares
a year earlier.
Anaconda Wire & Cable Co. earned
1925 ,291 of n cents a share in the
March quarter, compared with $780,
928 or 81 cents in the same 1874;
period.
Great Northern Railway net in.
come for the first four 1914 months
was $3,274, 1857, a gain of 1854, A;
over a year ago.
Northern Natural Gas Co. earned
So, ,416, 1856 in IL months ended March
81, compared with $500, ,927 In the
preceding year.
Sweets Co. of America, Inc, re-
ported net for the March quarter
was $74,574 or SO cents a share VS..
$42,671 or so cents in the same 1949
period.
Pennsylvania Edison Co. net for
1s43 was $1,079, ,480 or $l36 a share
VS.. 81, ,190,75 or $2.03 in 1942.
Jersey Central Power g. Light Co
earned $1,739, ,752 or 81 cents share
in 1943 VS.. $1,7S9,93 or AZ cents in
the previous year.
Thermoid Co. sales In April totaled
$1,723, ,480 VS.. s1,795 1886 a year ago;
in four months, $7,238,515 VS.. 6,432,
400.
Crowell Collier Publishing Co
made an exchange offer to holders
of its 8,710 shares of TO cumulative
preferred, whereby they would re.
ceive three common shares and IS ir
cash for each preferred share.
Holly Sugar Co. stockholders were
told by President Wiley Blair, jr.
that the Governments inadequate
and delayed 1943 sugar beet sugar
production program" caused lowel
production, increased costs and re.
duced earnings. He said net for tht
fiscal year was 81 cents a share VS.
s102 in the preceding year.
Associated Gas & Electric Co. ha.
sold Plymouth Gas Co. of Ohio t,
A. K. Klees and George Shaw O
New York for an undisclosed price
subject to SEC approval.
Seattle Tacoma Shipbuildin,
Corp. will change its name to Tod,
Pacific Shipyards, Inc, effectiv
next Thursday, President r. J. La
mont announced.
New York, New Haven & Hart
ford Railroad protective committee
representing preferred and commo,
stockholders received ICC permis
sion to solicit additional funds t.
carry on legal fight against a re
Organization plan which would elm
mate them from participation.
Texas-MissOuri Pacific Termina
Railroad of New Orleans asked ICl
permission to issue and sell $6,040,
900 of 30-year mortgage bonds TO
refunding purposes.
Virginia Public Service Co. pai
$143,899 in the last fiscal year t
Gilbert Associates, Inc, for lad
vice and assistance in connection
with engineering, purchasing, safety
labor relations and related matter.
the SEC also revealed.