Evening star., 1944-01-13
Business Briefs

~Dahh Ciearlhss IN 23 leading cities
totaled S8e62,9 $4,000 in the week
ended January II, compared with
S9,79l 100000 in the preceding short
week, but were 1927 above 1882
100000 in the like 1943 week, Dun g.
Bradstreet, Inc, reported.
Freight Loadings in the week
ended January 8 totaled 1852 ,999 cars,
an increase of 1857 over the pre-
ceding week and 64Go above the like
1943 period, according to the Asso-
citation of American Railroads.
Parmelee Transportation Co. has
accumulated funds in the last year
to pay in cash in full with interest
the debentures due April l., 1914
President L. w. Landman revealed.
Puget Sound Power & Light Co.
declared a dividend of 80 cents a
common share, payable February l
to holders of record January "a,
subject to approval of the Wash
ington State Department of Public
Service. An initial dividend of 60
cents a share was paid November l.
Gasoline Stocks on January IL to-
tailed 77654,000 barrels, compared
with 73,302,000 a week earlier and
82,586,000 year ago, the American
Petroleum Institute disclosed. In
dices of civilian supplies, compared
with normal we're: gasoline, 1857;
kerosene, 48qe; light fuel oil, 1857
heavy fuel oil, 67.6qo.
New Copper Records were set in
1943, both in production and con-
sumption, the Copper Institute re-
vealed. Output of 1,194,565 tons
compared with 1,152,344 in 1912.
Consumption of 1,643,955 tons COM
pared with 1888 in 1912
United Air Lines, Inc, offering of
27,272 shares of 41aq5 cumulative
preferred stock was placed on the
market by group headed by Har-
riman Ripley & Co., Inc. Priced at
$100 share, the stock represented
the unsubscribed portion of an is
sue of 105,032 shares, which was
offered to common stockholders.
Pennsylvania Railroad awarded
$4,155, 900 of "a % equipment trust
certificates, series 0, to Halsey, Stu
art & Co., Inc, and associates on
a bid of 100.739, subject to ICC ap-
proval.
Carnegie-Illinois Steel Corp. set a
new production record of 22,743, 900
tons Of ingots in 1943. This ex-
ceeded the previous record of 1912
by enough tonnage to build the
hulls of 164 tank landing craft.
Addressograph Multigraph Corp.
and Canadian subsidiary earned
$241 1888 or 80 cents a share in three
months ended October 81, compared
with S260,650 or "a cents share
In the same 1912 period For IL
months ended the same date, net
was $1,109,032 or STAT a share
against 81 SGT, ,737 or s207 a share
in the same 1912 period.
d. A. Schultz, Inc, earned 1858, ,72e
or 81 cents a share in the yea1
ended october 81, compared with
1881 .848 or 13 cents a share on q
smaller number of shares in the
preceding period.
Superior Oil Co. Of California
earned $899,279 or S2.13 a share ir
three months ended November 80
compared with S1,007, ,034 or S2.38 q
share in the same 1912 period. Nc
provision was made for Federal nor
NAL income taxes in the latest quar-
ter while $153,000 was provided in
the 1912 period.
S. S. Kresge Co. sales in Decem-
Der totaled S30,195, ,948 against $780,
T84,678 in December, 1912, DROP
Of 1.99o. Sales for the year were
$205 ,967,0 ,030 against $l99,086 200 ir
the preceding year, a gain of 3.4To
Julian G. Kokenge Co. earned
t236,975 or $194 share in the yea,
ended October 81, compared with
1901 ,391 or s2.47 a share in the pre-.
eeding year.