Evening star., 1945-01-12
Business Briefs

Retail Trade in the last week
exceeded the previous week and
averaged AZ to So above a year
ago, despite heavy snowstorms in
some areas and almost complete
absence of frst-of- -the-war sales
promotions, reported Dun g. Brad
street, Inc. Consumer interest ex-
tended to a wide field.
Money in Circulation declined sea
sonally to S25 ,257 ,000,0 on January
10, a drop of $50 900 900 from a week
earlier, but s4,853 900, 900 above a
year ago, the Federal Reserve Board
revealed. Gold stock totaled s20,-
593 100000, a drop of $4,000. .00C
from a week earlier and S1,345,-
100000 below year ago.
Copper Consumption in December
totaled 156,800 tons, of which 82,88C
tons were of foreign origin, the
Copper Institute disclosed 1t was
the first time on record that more
than half the total was imported.
Bituminous Coal Production in the
week ended January approximatec
10,600, 900 net tons VS.. $4,000 in the
previous week and 12,250,000 in the
like period year ago, the National
Coal Association estimated.
New York City Offering of serial
bonds on January % will be en-
larged from $50,000,0 900 to $75 900 ,O0C
to take advantage of currently fa-
vofable market conditions, City
Controller Joseph D. McGoldricK
announced.
Harris County, Tex, offering of
S5,250,000 general obligatinos and
$1,000, 900 of flood control paper was
marketed by Halsey, Stuart & Co.
and associates. They were priced to
yield from 40 to 18%.
South Carolina Power Co. plan to
issue and sell $4,000 900 of first and
refunding first mortgage bonds, due
1875, and 81, 100000 of "a % INSTALL
ment notes was approved by the
SEC.
Graham-Paige Motors Corp. has
started production on a new $25,-
100000 Navy contract for amphibi-
GUS landing craft and received an
award for about 10000, 900 for addi-
tional craft as soon as the present
schedule is completed.
American Radiator & Standard
Sanitary Corp. sold all interest in its
subsidiary at Barcelona, Spain. De-
tails will be announced later this
month.
Liquid Carbonic Corp. plans a 500
increase in bottling machinery ca
)acity and a 1870 increase in soda
sountain equipment capacity imme-
diately after the war, stockholders
rTiere told.
Michigan Bell Telephone Co. will
appeal from State Public Service
Commission order directing it to
refund $500 900 to its customers.
Pennroad Corp. earned 1886, 900
or n cents a share in 1914 VS.. ST.
935,728 or 30 cents in 1943.
A. M. Byers Co. profit for II
months ended September 80 was
's888,170 or $1.86, before renegotia-
ton, compared with $1,000, ,525 or
$3.50 in the preceding fiscal period
Bankers Trust Co. of New York
reported 1914 net operating earnings
of $10,959,278 or $4.38 VS.. 50, ,486. 1888
or S3.79 in the previous year.
Douglas Aircraft Co. delivered
1887 ,687 1876 worth of warplanes in
1943 without retaining any excess
profits requiring renegotiation, the
Price Adjustment Board ruled. Net
was s5,952,257 or so cents per 500
of value VS.. S10.50 per s100 of busi-
ness in 1889.
Liquid Carbonic Corp. declared a
regular dividend of Is cents and an
extra of so cents a common share.
payable March 1, and a quarterly
payment of s1.121a on the preferred,
payable May /.
Boston Fund, Inc., declared a spe-
cial dividend of 40 cents. PAYABLE
January n, and regular quarterly
dividend OF l6 cents, payable Feb
ruary 20a