Evening star., 1944-11-30
Business Briefs

Bank Clearings IN "a leading cities
totaled S9,940 ,327 900 in the holiday
week ended November 29, compared
with $10,824, ,745 900 in the preceding
6-day week, but were 1870 above
S8,036,112,000 in the corresponding
holiday week a year ago, reported
Dun & Bradstreet, Inc.
Freight Loadings in the weel
ended November Is totaled 768,73
cars, drop of 111To from the pre-.
vious week and 6.2qo below a veal
ago, the Association Of American
Railroads disclosed.
Gasoline Stocks totaled 79,421 ,00t
barrels on November IS, compared
with 7S,741 900 week earlier and
1929 900 a year ago, the American
Petroleum Institute disclosed.
Postwar Demand for two years
after victory will exceed productive
capacity of the United States, pre-
dicted Harry Boyd Brown, Philcc
merchandise manager. at a Phila-
delphia conference. Pentup demand
for radios by the end of 1914 will
total between 100000 and u.s.
100000 units, he said.
South Carolina Power Co. asked
SEC permission to issue and sell
100000 of new 30-year bonds
bearing not more than 3Aeo inter-
est, and borrow s2,400,000 from
banks at 2A9o. Proceeds would re.
tire $9,861 900 of SO bonds and 49,.
573 shares of Sc preferred stock.
Associated Telephone Co. sold te
a group of insurance companies S16..
100000 first mortgage 3A % bonds
due in 1874, at price of 107. Pro-
ceeds will be used to refund out.
standing 31as.
Chicago Surface Lines reorganiza.
ton plan was submitted to Federal
Judge Michael L. Igoe It follows
suggestions made by the court No.
vember Is and provides for a new
firm to include elevated lines of the
Chicago Rapid Transit Co.
Westinghouse Electric g. Mfg, Co
earned $23,621 ,057 or s7.34 a Share
in IL months ended September 30
compared with $20,4s2, 1882 or S6.3s
in the previous year.
American Cable e. Radio Corp
net for months ended September
80 was $1,4s7, ,069 VS.. s1,38s,503 q
year ago.
Crown Zellerbach Corp. earned
$3,596, ,493 or 81 in 6 months ended
October 81 VS.. $3,767.883 or $1.0s
in the same 1943 period.
L. A. Young Spring & Wire Co
net for 8 months ended October
81 was $212 1858 or 50 cents VS.. $379,.
453 or SO cents a year ago.
Motor Wheel Corp. profit for ;
months ended September 80 wa.
$504, ,408 or so cents, after reserve fol
renegotiation, compared with $410,.
351 or 40 cents in the 1S43 period.
Cleveland Terminal Building Co
shares held by New York banks
have been acquired by Robert R
Young and Allan p. Kirby, chair.
man and president of Allegheny
Corp, the Cleveland Plain Dealer
reported.
Calumet d Hecla Cons. Copper Co
declared a dividend Of 20 cents, pay.
able December is, lifting 1914 pay.
ments to 80 cents VS.. IS cents las
year.
Lima Locomotive Works declared
a regular dividend of so cents anc
year-end payment Of so cents 9
common share, both payable Decem.
Der 27, bringing 1914 payments te
$3.50 VS.. 81 in 1943.
Union Bag & Paper Co. declared
an extra Of is cents and q regular
dividend of Is cents, payable De.
cember "a, raising 1914 payments tc
rs cents VS.. 80 cents last year.
Ogden Corp. dividend Of as cents
o share, payable December /, was
approved by the SEC.
McKesson & Robbins, Inc. vii.
purchase w. j. Gilmore Drug Co. o,
Pittsburgh for cash.
Buffalo Bolt Co. purchased al
capital stock of s. M. Jones Co. OF
Toledo for an undisclosed price.
Warner Brothers Pictures, Inc.
elected Samuel Schneider vice pres
ident and director.