Evening star., 1944-10-31
Business Briefs

Home Building Costs have risen
about 31%o since 1899, the Wall
Street journal estimates. After the
war the average American will pay
at least $6 $50 for home that would
have cost $1,000 in 1939
Independent Store Sales. exclud-
Ing department stores, were 80
above a year ago in September and
81 higher in the first months of
1914. the Census Bureau estimated.
Potomac Edison Co. received q
high bid of 101. .402 on a go basis for
s16.981 900 of bonds from w. c.
Langley & Co. and associates. Bonds
will be reofered at 1011a
California Oregon Power Co. re-
ceived high bid of 101 10 on 3hs %
basis for S13,5O0,000 bonds from
Halsey. Stuart g. Co. Reoffering
was planned at 1926.
Consolidated Edison Co. of New
York reported net income of $32,-
022, ,668 or $184 a share in IL months
ended September 30. compared with
$32,877 ,256 or $1.91 in the previous
year.
General Motors Corp. earned 1924.
997 ,304 or S268 a share in 9 months
ended September 20, compared with
$109,519,455 or $2.36 in the same
1943 period War deliveries totaled
$2.964, 723 $50 VS.. $2,525, ,280,753.
American Rolling Mill Co. net for
9 months was $3,357, ,841 or 64 cents
VS.. S., ,404, ,405 or $1.35 a year ago.
Atlantic Refining Co. earned $10,-
584,675 or S381 in 8 months VS.. S.
1921 or $1.86 in the same 1943
period.
National Steel Corp. net for
months was $8080,974 or $3.50 VS.
$8.41a,477 or 1891 year ago.
Marshall Field e. Co. earned So
146.071 or $127 in 9 months VS.. So
32,541 or $l47 in the same l943
period.
Studebaker Corp. net for 8 months
was $2,947 ,284 or $l.27 before re-
negotiation, compared with $2,552,-
084 or $1.14 year ago.
Scott Paper Co. earned $1,163, ,735
or $1.45 in 9 months VS.. s1,l90, ,73s
or $149 in the same 1943 period.
Bridgeport Brass Co. net for
months was $748,087 or II cents VS.
$1,099 $50 or SLOT a year ago.
Cleveland Graphite Bronze Co
earned $1,41s, ,4s2 or $4!0s in s
months VS.. 81 ,299 ,070 or 1910 in thu
same 1943 period.
National Tea Co. net for 40 week.
ended October 7 was $443, ,l01 or 81
cents VS.. $50. 6.643 or cents year ago
Hershey Chocolate Corp. earned
$1,227, ,721 or $132 in the September
quarter VS.. $1,477, ,797 or $1.69 in thu
same period last year.
A., o. Smith Corp. net for l:
months ended July 81 was $6,407,.
283 or $12.84 VS.. SIS, ,633, ,723 or $l1.2s
in the previous fiscal period.
Household Finance Corp. earned
$3,540,3 ,305 or $397 in months VS.
$3,420. .191 or $3.50 in the same period
last year.
Addressograph- -Multigraph Corn
and Canadian subsidiary reported
net income of 1921 1,598 or sl.63 in
IL months ended July 81 VS.. 81, l,128,-
349 or $1.50 in the previous year.
Virginian Railway reported net in
come for months ended September
80 was $3,797 1894 or $2.03 VS.. $3,-
985 1874 or $218 In the same months
last year.
Neisner Bros, Inc, declared an
extra dividend of Is cents a COM
mon share and regular quarterly
payment of Is cents, payable De-
cember Is to holders of record No
vember 80.
Niagara Hudson Power Co. an
nounced $800, 900 OF Buffalo Niagara
Electric Corp. $50 mortgage bonds
series c, due 1867, will be redeemed
December ] at 1861 and interest.
American Car 4 Foundry Co. re-
ceived an order for 1000 all-stee]
boxcars from the Missouri Pacific
Nickel Plate Railroad was reported
In the market for 500 cars
Travellers Insurance Co. appointed
Hermon N. Herrick field assistant
In The life, accident and group de-
partrtnts in the Washington ONCE.