Evening star., 1944-08-24
Business Briefs

Bank Clearings In "a leading cities
declined to So, ,793, ,092, 900 in the week
ended August 20, compared with
$8,988 ,525 900 In the preceding week,
but remained 1885, above $7.759,-
$4,000 in the like 1943 week, re-
ported Dun d. Bradstreet, Inc.
Gasoline Stocks rose to 8l,850, 900
barrels on August 10, compared with
81 ,203 900 week earlier and II. .742,-
600 year ago, the American Petro-
leum Institute announced
Freight Loadings in the week
ended August 19 totaled 887 ,446 cars,
drop Of 10 from the previous week
and A. below the like 1943 week,
the Association of American Rail-
roads revealed.
Saturday Closing of the New York
Stock Exchange for the duration
was reported under consideration
to save manpower, paper and other
materials. Governors voted to close
for three Saturdays, starting last
week, because of a shortage OF help.
Chicago, Burlington & Quincy
Railroad asked ICC permission to
Issue $40 100000 of first and refund
ing mortgage bonds, due in 1914, to
be applied to redemption of $40
100000 of first and refundlng so
bonds. series A. due in 1871.
Pillsbury Flour Mills Co. registered
with the SEC $7,500.000 of preferred
stock to finance completion of the
retirement of its funded debt and
increase working capital
Secondary Distribution of 10000
y, 1f Yo%
$40 a share and 10000 shares OF
National City Bank of New York
at S39 share was made by Blyth
& Co. Books were closed soon
after opening.
American City Lines, Inc. which
owns a large interest in transit lines
at St. Louis and other cities, filed
application with the Maryland Pub
lie Service Commission to purchase
stock in the Baltimore Transit Co
Hearing was set for September a.
Abbott Laboratories declared an
extra dividend of Is ctntS share
and quarterly dividend of 40 cents
on the common, both payable Sep
tember 80 to holders of record
September 7.
White Rock Mineral Springs Co.
stockholders accepted a proposal OF
National Distillers Products Co. to
acquire the White Rock business.
Cincinnati Union Terminal was
authorized by the ICC to issue $24.-
100000 of first mortgage 2s4 % series
c bonds, to be sold at l0108 plus
interest, to redeem a like amount OF
first mortgage 3l2co series D bonds.
Willys Overland Motors, Inc.
earned $2,854,356 or sl24 a share
In 8 months ended June 80, COM
pared with $2,139, ,664 or 81 cents ir
the same period year ago.
Pepperell Mfg. Co. net for Il
months ended June 80 was $685.
746 or $l918 a share VS.. 81 1863, ,02s
or $20l9 in the previous year.
S. S. White Dental Mfg Co. earned
1854 ,568 or $1.l9 a share in the first
half Of 1914, compared with 1888, ATS
or $1.28 in the same l943 period,
City Ice & Fuel Co. profit for the
half was $1,089, ,788 or 81 cents q
share vs.. 1878 ,30l or a cents a yeal
ago.
Union Tank Car Co. net for the
frst half of 1943 was $1,283.215 OF
sl.l9 VS.. $l,588, ,o39 or $1.47 in the
same 1943 period.
Rayonier. Inc, earned $453.596 OF
Is cents a share in 3 months ended
July 81, compared with $454, 900 OF
Is cents year ago.
Sun Oil Co. produced 13.433, ,00C
barrels of crude oil in the first seven
months of 1914. a gain of 1870 over
the same 1943 period
Pennsylvania Central Airlines flew
l0,361 passengers from Washington
In July, highest total for any month
IN the firms history. Pea now is
operating "A flights from here daily
compared with 10 flights before the
war when more planes were avail
able.
Emerson Radio 4 Phonograph Co.
Corp. sales for 80 weeks ended July 2s
lotaled $l4,426,l06 VS.. $7,280,9 $40 .
vear ago.