Evening star., 1944-10-26
Business Briefs

Bank Clearings in "a leading cities
totaled $9,402, $4,000 in the week
ended October 25, compared with
9,407 ,986, 900 in the preceding holi-
day week and $9,258, ,798 900 in the
like 1943 week, reported Dun &
Bradstreet, Inc.
Freight Loadings in the week end
ed October 21 totaled 9O5,94 cars
gain OF 80 over the previous week,
but 10 below year ago, the Asso-
citation of American Railroads an
nounced.
American Tobacco Co. offering of
sl00,000,000 25-year go debentures
was marketed by Morgan Stanley &
Co. and associates at 101 plus ac-
crued interest.
Universal Camera Co. registered
with the SEC $4,000 shares of IS par
value preferred stock, half to be Of
fered publicly at $40 a share and
the remainder sold to New York
Merchandising Co. at $875.
Phillips Petroleum Corp. earned
sl4,997,3 1863 or $305 share in 9
months ended September 30, COM
RoASo Will S1U,oOS,l ~ VI $3.50 III Ulle
same l943 period.
International Business Machines
Corp. reported profit of $7,573, 1888 or
s6.94 in 8 months VS.. $7,525,2 ,2O8 or
$7.24 on fewer shares year ago.
Air Reduction Co. earned $4,271,-
267 or $1.56 in 9 months VS.. s5,265, $40
or sl94 in the same l943 period.
Beneficial Industrial Loan Corn.
net for 8 months was SCOTIA or
$l.38 VS.. $3,191 $40 or $1.46 a year
ago.
United Drug, Inc, earned $l,479,-
44J or 81 .06 in 9 months VS.. S1,863.-
sl7 or $1.33 in the same period last
year.
Graham-Paige Motors Corp. net
Tor 9 months was $1,262 .92O or %
cents a share VS.. $1,0O7,434 or %
cents a year ago.
City Ice & Fuel Co. earned So
376,349 or $l57 in 9 months VS.. So
l70.4l2 or $l39 in the same 1943
Atlas Powder Co. net for 9 months
was $f,071 ,696 or $3.17 VS.. sl.l64542
or 1884 a year ago.
Minneapolis Honeywell Regulator
20. earned $2,283, $40 or $1.65 a share
IN months VS.. 81, ,182, 1894 or 1924 on
nall the number of shares In the
same l943 period. Stock was split
Tor l last March 80.
Inland Steel Co. net for 8 month,
was $7,670,90S or $4.70 a share VS.
s8,738, ,431 or $5.35 year ago.
American Brake Shoe Co. earned
sl,026,6l4 or $1.83 share in {
months VS.. 1898, ,218 or $2.0s in the
same l943 period.
Standard Brands, Inc, net for s
months was $6,329,176 or $l.79 VS.
s6.86O,356 or $1.96 a year ago.
Peoples Gas Light e. Coke Co
earned s2,l47 800 or 1927 in s
months VS.. $2,841 ,4s3 or $4.33 in thu
same 1943 period.
Freeport Sulphur Co. net for s
months was $189O,28 or $2.36 VS.
S2,182, ,539 or $2.73 a year ago.
Yale L. Towne Mfg. Co. earned
$864,9 or $1.78 in 9 months VS.
sl,o00,932 or $2o6 in the same 1874;
period.
Clark Equipment Co. net for nine
months was $1,779,744 or $7.21 VS.
81 ,642,641 or 1868 year ago.
Arundel Corp. earned 5000 ,295 O,
63 cents IN nine months VS.. $l,393.-
637 or s2.83 in the same 1943 period
international Silver Co. profit for
September quarter was $474. $50 OF
s4.25 VS.. $394,615 or $3.37 a year ago
sherwin- Williams Co. net for IL
months ended August 81 was $4.-
075,943 or $5.55 share VS.. So, ,795 ,927
or s5.07 in the previous year.
Santa Fe Railroad will redeem all
1ranscontinental Short Line first
mortgage 40 bonds on January |
at par plus premium of l0%
This will cut funded debt to $243.-
10000 0at the end of 1914. com
pared with $271 ,000, 900 a year ear
lier.
United States Rubber Co. agreed
70 purchase assets and business of
L. H. Gtlmer Co. Of Philadelphia.