Evening star., 1944-11-01
Business Briefs

Electric Power Consumption in the
week ended October % rose to A.
358 ,293 900 kiloWatt hours VS.. 4.345,
$4,000 in the previous week. but re-
manned 2l9o below the like 1874;
period, the Edison Electric InSti-
tute announced.
Demand Deposits in member
banks of 101 leading cities totaleC
7,438 100000 on october 25, a gair
of S824,000.000 from a week earlier
and $5,621 100000 above a year ago
the Federal Reserve Board reported
Investigating Stock Dealings or
october % and "a, the New York
Exchange ordered members ano
partners of member firms to report
in detail all transactions in listed
shares in which they engaged for
their own accounts. The SEC re-
quested action. No reason was
given but the market broke October
% in heavy late selling.
Special Offering of 37,5OO shares
of, Electric Auto-Lite Co. common
at 44A was made by Hemphill,
Noyes Il Co.
Tennessee Gas & Transmission
Co. opened its 1,265-mile pipeline
carrying gas from Texas fields to
the Pittsburgh Youngstown-C -Cleve-
land area. The line cost around
S54,000,0O0
STANDARD Oil Co. New Jersey
declared an extra dividend of rs
cents share and the regular pay
ment of so cents common share.
Pittsburgh Plate Glass Co. de-
clared a year-end dividend of So a
common share, raising 1914 pay
ments to s4,2o vs.. 81 in 1943.
Devoe & Reynolds Co. announced
holders of class B common shares
will vote November II on a plan to
exchange their holdings for new
class B shares on the basis of for
each old share.
Revere Copper & Brass Co. net for
9 months was 81 1862 ,048 or 81 cents,
before renegotiation, compared with
$1,270,907 or 81 cents year ago.
General Printing Ink Co. earned
S4l9. .549 or 81 cents in 9 months VS.
$418,913 or SO cents in the same 1943
period.
Blaw-Knox Co. net for 8 months
was $1,390,ll3 or $1.04 VS.. S1,153, ,132
or 86 cents a year ago.
National Cylinder Gas Co. earned
$1.178,4 or 81 cents in 9 months VS.
s1617,679 or S121 in the same period
last year,
Cuneo Press, Inc, earned $l.088,-
;x, q he
or $2.15 in the same l943 period.
Chas. Pfizer & Co. net for months
was 81 589, ,122 or $3.l7 VS.. 81 ,345 ,04f
or $3.50 year ago.
United States Industrial Chemi-
Gals, Inc, earned $848 ,945 or $225 in
6 months ended September 30 VS.
S943,826 or $3.50 in the same 194i
period.
Stone & Webster, Inc, net for Il
months ended September 80 was ST.
972, 2,197 or "a cents VS.. $2,028,69 OF
96 cents in the preceding period.
Flintkote Co. net for 40 weeks
ended October 7 was s1,159. 1863 OF
$1.09 VS.. $874,08 or 81 40 in the like
period last year.
American Steel FOundrieS earned
$2,675 1888 or S225 in IL months
ended September 80 VS.. 50, ,752 ,543 OF
1922 in the previous fiscal period,
algonquin Paper Corp has sold its
newsprint mill to Berst. Forster &
Dixfleld of New York City.
Standard Oil Co. of Indiana elect
ed Robert E. Wilson president to
succeed Edward G. Seubert. who
wal retire January /. Mr.. Wilson
hiss been president of Pan-Ameri-
can Petroleum
westinghouse Electric Mfg. Co.
named Georges Faurier advertising
and sales manager for it's new radio
receiver division at Baltimore.
Glenn L. Martin Co. appointed j
Howard Blake and DR.. j. B. Crane
as research directors In. non-aero-
nautical and aircraft fields.