Evening star., 1944-09-17
Business Briefs
General Bus,nas. Actsx,tx h..


clined further according to the in
dex Of Business Week. which stoo
at 1923 in the latest week, compare
with 1879 In the previous week, 235.
. month ago, $3.50 six months AZ.
and 74o.7 4 year ago.
Wholesale Volumes In the La
week averaged moderately above
year ago, despite some delay anon
buyers in making early spring com
mitments. reported Dun A Brad
street, Inc. For the year to date sale
were 80 to 50 above year ago.
Municipal Bond Offerings sched
uled for next week total 3l,s77 ,00(
compared with sl3, ,4es $50 last weel
the Daily Bond Buyer disclosed.
international Telephone 4 Tele
graph Corp. announced the Antwer
plant Of its amNate, Bell Telephon
Mfg. Co. Of Antwerp, was undam
aged in the war and now Is in full
operation.
United Dyewood Cerp. earne,
$37 .l60 or $127 . preferred share Il
the first half Of 1914, compared witt
$o6 ,908 or $3.32 in the same 1o4
period.
Pullman Co. net profit for Jul,
was $457 1858 vs.. $3.50 .62e q year ago
for Z months, t3,6l4,9l3 vs.. 1888 SO
. year ago.
Erie Railroad Co. net for 3 month
ended August 81 was estimated q
- ,326 ,92l or $l.2l . share vs.. $7,3lo,
GAL or $246 in the same lo43 period
Santa Fs Railway net for month
ended July 81 was $24 ,072 ,S35 or $8.0
. share vs.. $3o,lsl sos or $l095 ,
year ago.
Kansas City Southern net for
months was $2,02S ,0l8 or 1901 ,
share vs.. $2,2o4 ,323 or 1854 In tn,
same 1o43 period.
American Bantam Car Co. deliv
cries Of war materials in the yea
ended June 80 were 1907 above tn
preceding year. Profit for the yea
was $627 ,922, leaving . surplus, from
which q preferred dividend was de
clared on July 81.
General Motors Cerp. announce,
It's Pontiac division is planning ,
yearly output of more than 500 ,00
cars after the war.
National Air Lines. Inc. director
authorized negotiations for 5000,
600 of new aircraft.
Sum Oil Co. declared q common
stock dividend Of 10es on the com
mon, payable December IS to hold
ers of record November "a. It will b.
the first stock dividend since De
cember 70, l94l.
Cudahy Packing CO. declared {
special dividend OF 30 cents Q com
mon share, payable October n t,
holders Of record October Is. Reg
ular dividends also were ordered Of
preferred stocks. payable Novembe
l to holders of record October 20.
Baltimore 4 Ohio Railroad or
dered 10 Mallet locomotives from
Baldwin Locomotive at . cost O
$272 800 each. Delivery will begil
next May.
Rerg- Warner Corp. announced it
Norge division would produce refrig
orator motor and compressor unit
1T its Muskegon plant after the wal
instead Of ut Detroit.
Gulf States Utilities Cs. plan Il
retire outstanding preferred An,
issue 120, 900 new preferred shares o
500 par value was approved by tn
SEC.
Middle West Csrp. request for
years extension to comply with n
order to liquidate q subsidiary
Northwest Utilities Co., will be con
sidered ut SEC hearing, October IL
10.
American Gas 4 Power Co. pro
posed sale Of its interest in Bango
(MeJ Gas Co. for 3l22 500 win b
considered by the SEC, Septembe
-.
Clinchheld Csal Corr. elected D1
Houston st. Clair president. He
president Of the Jewell Ridge Goa
Corp. and former president Of tn
Virginia Chamber Of Commerce.
Shipbuilders' Csunci Of Amerie,
elected Winder r. Harris Of Nor
folk vice president. He will head tn
councils Warrington once.
InGare yeaf futuro security ,
49, - = ~