Evening star. [volume] (Washington, D.C.) 1854-1972, 1944-10-08
Business Briefs

Generat business ACTIVITY ma
contacted slightly, according to tn
index of Business Week, which de
clined to 1905 in the latest weeA
compared with 1903 in the previou
week, 1923 a month ago, 1887 si
months ago and 1892 a year ago.
I Wholesale Deliveries RENAME,
slow last week, reported Dun
Bradstreet, Inc. Activity was spott
with recorders for shoes, dress an
dry goods being filled spaiingly
Stocks of furniture and Household
specialties are very low.
State and Municipal Financin
scheduled for the current week total
$61 PA, 900, compared with $500, IL
last week and a weekly average flo
the year to date of SIS, Asst ,003, tn
Daily Bond Buyer disclosed. Note
of 16 housing authorities on Wed
nesday will account for more tina
half of the total.
Slick Co. common stock viii b
distributed much more widely as
result of the proposed sale of $500
shares from the estate of the lat
Frank E. Wolcott, former presiden
and chief stakeholder. Only 5000
shares have been publicly hello
Paine. Weber, jackson g. Curts
head the underwriting group.
Kimberly Clark Corp. registere,
with the SEC new Az % preferre,
and new common stock issues. Tn
preferred will be offered to holder
of present So preferred and the un
exchanged portion will be offered t,
the public. Prior to public offerin
OF the new common, present holder
will be given the right to subscrib
on the basis OF one share for eacl
five held.
American Gas & Electric Co
earned $11 ,871 ,405 or $2.27 share II
IL months ended August 81, com
pared with $12,200,276 or 1924 Ii
the previous year.
Chicago Eastern Illinois Rairroa,
net for months ended August 8
was $1,182 300 VS.. $1,713,477 a yea
ago; for August, SO, 533 VS.. $214, ITO ;
year ago.
New York Telephone Co. earne,
1888, 922 in 8 months ended Au
gust 81, compared with $18,326 ,06
in the same l943 period.
Bell Telephone Co. of Pennsyl
vania net for months ended Au
gust 81 was $6,076, 500 VS.. S., 875, TIA .
a year ago.
Lerner Stores Corp. sales for Sep
TENDER. totaled $6,880,143, gain O
1850 over year ago; for 8 month
ended September 80, $54,386,4l al
increase of 1867.
Walgreen Co. sales for Septembe
totaled $10.046,076, an increase O
$50 over a year ago; for 9 month
ended September 80, s87,117,098, ,
gain of 6.1%.
Western Auto Supply Co. sales TO
September were $4,323 900, an in
crease Of 91qo over year ago: for
months, s32,838, 900. decline of 1.4es
J. J. Newberry Co. sales for Sep
TENDER were s7,594, 486, a gain O
$50 over a year ago; for 8 months
$63 $40 1921, an increase Of ASH.
Warren Telechrom Co. will star
making electric alarm clocks unde
its own name November / upon TIN
end of a pooling agreement unde
which the firm made unbranded
clocks for most of the industry.
Armstrong Cork Co. has selected
a 20-acre tract at jackson, Miss, t,
erect a plant to meet demand in tn
South.
Fairchild Engine g. Airplane Corr
has developed new lightweight air
craft engine for postwar commercial
service.
General Motors Corp. announce,
its Fisher Body Division attaine,
mass production of 155 nm. artiller,
shells at its Grand Rapids plant
just 4 months after receiving tn
initial order.
Lord, Albeit & Co. appointed
Walter r. Scott general sales man
ager. He has been in charge of tn
Eastern wholesale department.
Goodyear Tire G. Rubber CT
named r. A. McCorkle manager @
the new seaboard division of Good
year EXPORT Co. a subsidiary