Evening star., 1945-02-01
Business Briefs

Bank ClearlngS m "a Leading c1t1es
declined to $10,954, 762, 900 in the
week ended January 81, compared
with $11, 1895, 900 in the previous
week and were 2.8To below $11 ,265,-
101 900 in the like 1914 week, re.
ported Dun & Bradstreet, Inc.
Gasoline Stocks of civilian grade
totaled 46,412,000 barrels on January
27, compared with 45,782 900 a weel
earlier and 44,571 900 a year earlier
the American Petroleum Institute
announced. Light fuel oil stocks O.
1861 900 barrels were 100000 be.
low week earlier, while heavy fue
oil supplies of 51,119,000 were dowr
1,435 900.
Freight Loadings in the weel
ended January 27 totaled 1881
cars, a drop of 24eo from the pre-
vious week and $40 below the 1874
week, the Association of American
Railroads disclosed.
Pere Marquette Railway director.
authorized sale at competitive bid
ding of S50,000,000 of 35-yea
bonds to finance retirement of al
first mortgage obligations amount
ing to $50, 2,467, 900.
National Candy Co. board ap
proved a 3-for-1 split in common
stock. The Executive Committe,
recommended an increase in tn,
quarterly dividend on present com.
mon from so cents to rs cents al
the March board meeting.
Sun Oil Co. profit for 1914 was
13,350,217 or $4.15 share VS.. $13,-
353,524 or $4.56 on fewer shares il
the previous year.
Republic Steel Corp. earned $10,.
130,296 or $1.44 a share in 1914 VS.
S12,011 ,057 or SLIT in 1943. Sales to.
tailed $531, ,235 900 VS.. $552 1929 900.
Inland Steel Co. net for 1914 was
$10,249 1895 or 1923 VS.. $10,801 ,564 OF
S6.61 in the previous year. A divi-
dend Of 81 a share was declared
payable March 2.
Johns Manville Corp. earned S.
476,213 or $6.39 in 1914 VS.. $4,655, ,28C
or $527 in 1943. Sales totaled $1O1,-
211 ,4s9 VS.. s107, ,418,305.
Teck- Hughes Gold Mines, Ltd.
net for 1914 was $790,262 or 16 cents
VS.. 81, ,469 ,094 or 30 cents in the pre-
ceding year.
Illinois Bell Telephone Co. earned
$10,881 AL or $670 in 1914 VS.. S11,-
483,974 or SLOT in 1943.
Oliver Corp. net for II months
ended October 81 was $1,735 900 OF
s2.56 VS.. s1,762,Ooo or $3.50 in the
previous year.
United Merchants & Manufac.
turers, Inc, earned SO 3,049 900 or 81 6(
in months ended December 81 VS.
$3,085 900 or SSH in fewer shares ir
the same 1943 period.
Joy Mfg. Co. net for month.
ended December 81 was $176,654 OF
IS cents VS.. $168,152 or A cents G
year earlier.
United States Industrial Chemi.
Gals, Inc, earned S458,526 or $1.2:
IN months ended December 81 VS.
S612,478 or $163 in the same 1874:
period.
Sutherland Paper Co. net for 1874
was $710,099 or $2.47 VS.. 20,50'
or $2.86 in 1943.
Commonwealth g. Southern Corr
earned $11,378,015 or $7.68 on $6 pre-
ferred stock VS.. s12,530,645 or $8.4!
a preferred share in the previou
year.
Railroad Earnings for 1914 ant
1943 included: c. R. I. & p, $26,
079, 500 VS.. 36,794 1888; Frisco, $18,'
O22,071 VS.. s24, ,O22, 1856; Missouri Pa
cif1c, $17,684, ,236 VS.. $16,591 AIS.
NaSh-KelvinatOr Corn, received
$16,000,000 8-year nonwar loan a
2A95 interest from a group Of Il
banks.
Federal Water & Gas Corp. sale O.
its interest in West Virginia Watel
Co. to Shea & Co. of Boston for ST..
675, 900 was approved by the SEC.
Sears Eoebuck & Co. declared 6
quarterly dividend of rs cents {
common share, payable March 10.
Lionel Corp. declared quarterly
dividend of 20 cents and an extra oi
10 cents, payable February 28.