Evening star. [volume] (Washington, D.C.) 1854-1972, 1944-11-14
Business Briefs

Baltimore g. Ohio Railroad re-
ported 1t handled 7l.758 carloads of
revenue freight in the week ended
November II compared to 74,957 for
the same week in 1943. In the week
ended November 4, 76,087 revenue
freight carloads were handled.
Dillon, Read e. Co. heads a syndi-
cate which has been awarded an is
sue of $30,O00,00O Houston Lighting
& Power Co. first mortgage bonds
due November l, 1914, with a bid of
$101.76 for rs % bonds. Public of =
fering is expected later in the week
on clearance by the SEC.
Crude Oil Production increased
1880 barrels daily in week ended
November II. to 4,731.850 barrels
daily, the Oil and Gas Journal re-
ported
Twenty-Five business failures were
listed in the week ended November
9 as against IL to preceding week
and 30 in the like period in 1913,
Dun g. Bradstreet reported.
Engineers Public Service Co. net
30 was S6,412,785 or 1920 common
share, compared with IS ,283 .028 or
$l58 in the preceding IL months
Federal Mining & Smelter earned
S986,05 or 81 for the first nine
months, compared with $696,148 or
$282 for the same period year ago
Atlantic Coast Line Railroad net
for nine months ended September 80
was $9,839, 1888 or $1194 VS.. $11, 1885,
991 or S14.30 In the like period q
year ago.
Lehman Bros. and Goldman, Sachs
& Co. offered 10000 shares of the
Brunswick Bake Collender Co.
common stock at a price of 2l3a.
None of the net proceeds will 60 to
the company itself.
United Aircraft Corp. net for nine
months ended September 80 was
$12 ,573, 1853, equal to $4.37 common
share, VS.. S1l,982,323, or $4l4 q
common share for the same 1913
period. Shipments of aircraft en-
gines and propellers for the nine
months totaled 1881 ,0l0,146, an in
crease of 10 per cent over 1943.
Philco Corp. declared a dividend
Of 20 cents a share on its common
stock, payable December IL. A SIM
liar dividend was paid Septembe,
IL, 1914.
Standard Oil Co. of Ohio declared
a dividend of 81 per common share
payable December Is. This brings
this years dividends to $3.50.
Thompson Products Inc, an
nounced dividend OF SIPS per com.
mon share for the fourth quarter
of 1914. payable Dec. Is. Dividend.
for year total 50.
The Community Public Servic,
Co., Fort Worth, Tex, has been au
thorized by the Federal Power Com
mission to issue $4,000, 900 of frs
mortgage 80 series A bonds, du'
1869.
National Airlines has announced
negotiation for the purchase of fou,
Lockheed Constellation airliners q
cost of nearly $4,000, 900 has beer
concluded.
The War Production Board ha;
announced immediate release of 2,
100000 gallons of 190-proof ethy
alcohol for non-beverage civilian
use. Industrial alcohol require.
ments for 1945 are estimated at 500,
100000 gallons compared with a pc.
tential supply of GOT 100000 gallons
Middle West Corp. declared cap.
ital distribution of 50 a share, pay.
able December 20, out of paid-ir
surplus. The distribution lis sub
ject to SEC approval.
The Securities Exchange Commits
sion exempted from the competitive
bidding rule under the HOLDING
Company Act an issuance and sal
OF sl,800,000 principal amount o
sertAs A 4laeo first mortgage sinking
fund bonds, due 1859, by the Keye
Fibre Co., Portland, Me.