Evening star., 1944-08-03
Business Briefs

Bank Clearings in "a leading cities
totsled S9942 $4,000 in the week
ended August ., compared with So
96l .24400 in the previous week and
S8 ,955 $4,000 in the like 1943 week,
reported Dun & Bradstreet, Inc
Freight Loadings in the week end
ed July 20 totaled 910.533 cars, a gain
of 80 from the preceding week and
26To above year ago, the Associa-
ton of American Railroads an
nounced.
Gasoline Stocks totaled 1866 900
barrels On July %. compared with
82.150,000 a week earlier and 73, ,409,-
600 year earlier, the American
Petroleum Institute disclosed.
Mississippi Power e. Light Co.
asked SEC approval of $4,000, 900
flrst-mortgage bonds. due 1874, and
S2,000000 of promisory notes, to be
offered under competitive bidding.
Proceeds would be used to redeem
So first mortgage bonds at 1922
plus interest.
ARTLOOM CORP. registered with
the SEC 100000 shares of no-par-
value common to be offered to pres
ent holders at $5 share, except for
10000 reserved for sale to employees
Baltimore City Offering of S5,15O,O 900
water and sewer bonds was mar
keted by a group headed by the
First National Bank of Chicago at
prices to yield .55oo to .875es.
New York City Offering of S13.-
100000 1s4% airport bonds was
placed on the market by Chase
National Bank at prices to yield
40 to 1857.
{ Packard Motor Car Co. plans
postwar production of 100000 cars a
year, President George T. Chris
topher told employees.
Columbia Br0adcasting System,
Inc, earned 1925, 1865 or $1.34 a
share in 26 weeks ended July /.
compared with S2.204,499 or $1.28
in the like I943 period.
Radio Corp. of America reported
consolidated net income of $4.440,-
214 or 81 cents share in the first
half OF 1914, compared with $4918,-
794 or "a cents year ago.
Bigelow Sanford Carpet Co.
earned $516,638 or 81 80 in the half
VS.. S232 .807 or 40 cents in the same
1943 period.
Charles Pfizer & Co. net for the
half was 81, 1888 or $226 VS.. $685.
1913 or 81 IS year ago.
American Viscose Corp. earned
$2,876, 1865 or $1.32 in the half VS..
1882, ,405 or $173.
Remington Arms Co. net for the
half was $704 900 or 8 cents a share
VS.. $2,498, 900 or 80 cents a year ago.
Crucible Steel Co. of America
earned $1.482,517 or $243 in the
June quarter VS.. 81 ,798. .165 or $3.12
in the same 1943 period.
Cleveland Graphite Bronze Co.
net for the half was $940, 600 or $2.92
VS.. $708, GOO or $220 year ago.
Cluett, Peabody e. Co. earned ST.
018,098 or $1.32 in the first half VS..
81 ,469 1884 or $1.99 in the same 1943
period.
Bristol Myers Co. net for the June
quarter was $510.521 or IS cents VS..
&548,615 or 80 cents a year ago.
Pittsburgh Plate Glass Co. earned
~, $40, 900 or 1915 in the first half
vs.. $5,766,OO0 or $2.61 in the same
1913 period.
Kimberly Clark Corp. net for the
half was $1,346,1l0 or $214 VS.
31.044.690 or $153 a year ago.
Norwich Pharmacal Co. earned
1888, ,757 or 43 cents share in the
half VS., $4l0,964 or So cents in the
same 1943 period.
Mack Truck, Inc, net for the
half, was $1,365 822 or $2.28 VS..
81 1877 ,00l or 81 a year ago.
American Stove Co. earned $449,-
s269 or SO cents a share IN the half
VS.. $269, ,792 or so cents.
Seaboard Air Line Railway re-
organization plan prepared by a
special master for the Federal Dis
trict Court at Norfolk was upheld
by the Circuit Court Of Appeals at
Richmond.