Evening star., 1945-02-14
Business Briefs

Demand Deposits OF member
banks in 1o1 leading cities totaled
S36 034, 100000 on February 7, a
drop of S42.O00.000 from a week
earlier, but S4,332 100000 above a
year ago, the Federal Reserve Board
reported
Meat Production at Federally in
spected plants appropriated 291,-
100000 pounds in the week ended
February 10 VS.. 296,000000 in the
previous week and Alb 5000, 900 in the
like 1914, the War Meat Board esti-
mated.
New Securities Offerings today in
cluded: 10000 common shares OF
Seminal Radio Corp. at 71a; 1922
424 common shares of Delta Ali
Corp. at 2215; S7,360,O00 of 312 %
debentures of Tri-Continental Corp
at 102 plus accrued interest.
Wabash Railroad Co. called fol-
redemption on April l all 40 series
A bonds, due 1871, at 1919 plus in
terest. Funds we're provided by re-
cent sale of new 3Kqe bonds.
Baltimore & Ohio Railroad Co
asked ICC permission to issue 81
575, 1000 of series N equipment trust
certificates.
City of Houston, Texas, received
a high bid of 10O.143 for $1,000 ,0O(
sewer and paving bonds from
Phelps, Fem & Co. and associates
Net interest cost was 1.3831To.
Aetna Casualty G. Surety Co
stockholders approved a plan tc
increase capital from 100000 to
$6,000,000 by transfer of $3,000,00C
from surplus, and declare a divi-
dend of an additional share for
each share held, payable March l
Canada Dry Ginger Ale, Inc.
profit for months ended Decem-
ber 81 was $512, ,,014 or 83 cents a
share VS.. $409,1 or &c cents a year
earlier.
McKesson & Robbins, Inc, earned
S2,258,8 1872 or $1.16 in 6 months ended
December 81 VS.. $2,777,221 or $1.51
in the same 1943 period.
Rustless Iron & Steel Corp. net
for 1914 was $1,831, ,780 or $183 VS..
S2,236, ,492 or $232 in 1943.
George w. Helme Co. earned ST.
164, ,445 or $3.86 in 1914 VS.. $1,196, ,608
or 81 in the previous year.
Great Northern Iron Ore Proper
ties profit for 1914 was 1912 ,807 or
II cents VS.. $1,117,985 or IA cents
in 1o43.
WHY'S Overland Motors, Inc, net
for the last 1914 quarter was $716,-
110 VS.. $699,763 in the same 1943
period.
E. w. Bliss Co. earned $1,113, ,744
or S296 in 1914 VS.. $1,194, ,635 OF
$3.18 in the previous year.
Texas Gulf Producing Co. net foi
1914 was $620,597 or g. cents VS.
$418,920 or At cents in 1943.
Nashville, Chattanooga & St
Louis Railway earned $2,342 ,433 OF
S9.15 IN 1914 VS.. $3,696,22 or $1441
in the preceding year.
General Bronze Corp. declared g
quarterly dividend of 20 cents g
common share, payable March II
Last year the firm paid 80 cents
in June and December and a year.
end dividend of 20 cents.
Greyhound Skyways of Virginia
Inc, received charter at Rich
mond and listed persons affiliated
with Greyhound bus interests as Of
lCeTS, lIlCluulllS u. -. MdJOr Oh Alex
andria, president, and B. M. Amole
of Richmond, vice president. A. M
Hill of Washington is a director.
Pullmah- Standard Car Mfg. Co
announced it will spend S5,00000 to
S10,000,000 to prepare its plants fol
postwar production of improved
rail equipment.
Atlas Plywood Corp. purchased
four tracts of timber and aggregat-
ing 10000 acres in areas adjacent te
its mills III Michigan, Maine and
North Carolina.
American Airlines announced 9
proposed reduction of SO in fares tc
holders of air travel plan cards ano
Government transportation requests
effective March rs.