Evening star. [volume] (Washington, D.C.) 1854-1972, 1944-10-09
Business Briefs

Postwar Construction plans under
way or completed on September 30
totaled $4,438, 100, 900 according to
data submitted to the American So
ciety of Civil Engineers. This was q
gain of $2,253, $4,000 in 6 months
but far short of the $4,000 ,O00, 0OO
goal, which a society committee be-
heves should be ready for bids by
July 1, 1945. to permit healthy re-
sumption of peacetime activity.
Postwar Jobs totaling $500, 900, or
1919 of the national employment
goal, can be supplied by the New
York Metropolitan Region provided
corporation taxes are cut sharply
and local Instructions increasing
costs of production" are eliminated,
reported the Regional Plan Asso-
citation.
Television by Coaxial Gable will
first become available in 1916, de-
clared Frank A. Cowen, transmission
engineer of the American Telephone
& Telegraph Co. The Washington
New York cable is one OF the circuits
scheduled for completion that year
Potomac Edison Co. filed two ap-
plications with the Maryland Public
Service Commission, one asking au-
thority to purchase power companies
serving Front Royal, Luray, Shenan-
doah and Madison, Va, for around
$4,000, 900; the other proposing is
surance of $16,981, 900 of 81 first
mortgage bonds, due 1874.
F. L. Jacobs Co. earned $2,301 1888
In IL months ended July 81, before
renegotiation, compared with So
032,31f IN the previous year.
vanadium- Alloys Steel Co. net for
II months ended June 80 was STA
$50 or $3.87 a share, before renego-
tiation. compared with $784,218 or
1898 in the preceding fiscal period.
Langendorf United Bakeries, Inc,
earned $311, 622 or SLOT share on
class B stock in So weeks ended July
81, compared with $350,506 or $1.4l
on class B stock in the previous So
weeks.
Washington Water Power Corn.
net for II months ended August 81
was $780,, ISL VS.. $3,122 1927 in the
preceding year.
Arkansas Power & Light Co. net
for IL months ended August 81 was
$1,282,543 VS.. $1,427,760 in the pre-
vious fiscal period.
Carriers & General Corp. reported
net assets on September 80 amount
ed to $6,573 ,908, a gain Of $575, 523 or
9.59% in months.
Butler Brothers sales for Septem-
Der totaled $e,958,737, a decline OF
.l% from q year ago; for 8 months
$86,233, 212, drop of 3.4T.
Crown Drug Co. sales for Septem-
Der totaled $886,017, an increase OF
9.2% from year ago; for IL months
ended September 80, $11,058, 426, q
gain of 1870 over the previous year
Minnesota Mining & Mfg. Co. pur-
chased the Mid-States Gummed
Paper Co. for a price reported te
be around $1,000, 900.
Nordberg Mfg. Co. of Milwaukee
has acquired controlling interest in
the Northern Processing Machinery
Co. Of Ohio.
Wabash Railroad reduced Its
funded debt $20,205 900 between
January /, 1912, and August 81 this
year, it was disclosed In connection
with proposed sale of SAT ,000, 900 new
FIRST mortgage bonds.
United Chemicals, Inc, elected
Oliver r. Grace, member of the
New York Stock Exchange, to the
board.
Roma Wine Co. elected Harry G
Serbs vice president. He is director
Of sales and advertising.
Alfred ID. McKelvy Co. appointed
II. G. Richardson vice president and
general manager.
McKesson q Robbins, Inc, ap-
pointed Donald 9. Barry assistant
advertising manager.