Evening star., 1945-02-08
Business Briefs

Bank Clearings in "a leading cities
rose to Sl10l5 ,949 900 in the week
ended February 7, compared with
10,964, 900 in the previous week
and $3.50 $4,000 in the like 1914
week, reported Dun e. Bradstreet,
Inc.
Light Fuel Oil Stocks declined L.
281 900 barrels in the week ended
February to stand at 10000,
while heavy fuel oil supplies declined
$4,000 to 50,451 900, the American
Petroleum Institute disclosed. Civil
ian grade gasoline stocks increased
l,24S,000 to reach 47,66O 900 barrels.
Chain Store Volumes for January
and changes from a year ago in
,luded: Lerner Stores Corp, S.
1882, up 1867; G. C. Murphy Co..
'5,958,623, up 1915; Walgreen Co..
80 9,248, PAL, up 80; H. L. Green Co..
;4,520,973, up 9.8%o; S. H. Kress &
Co., s9,027,570, up 4.7eo; McCrory
stores, $4,735,454, up 13.4ao.
A As100, ,0O0, 900 Credit Line was pro-
ided the Royal Netherlands Gov
rnment by an agreement with 13
.merican banks headed by Chase
%ational. The credit will run for
round 3 years and carry an inter-
st rate of / y on all sums advanced
Freight Loadings in the week end
d February totaled 738,680 cars, a
,rop of 2.79o from the previous week
nd 8.3% below the like 1914 week
he Association of American Rail-
Dads disclosed.
Pennsylvania Railroad awarded
100000 of 30 equipment trust
crtiflcates to Harris, Hall g. Co. on
bid of 100.1799 and reoffered them
prices to yield 80 to 215ec.
Baltimore & Ohio Railroad in
tied bids on $4,575, 900 of equipment
rust certificates, series N.
Columbia BrOadcasting System,
nc- earned s4,678,0O or $272 a
-lare in IL months ended December
} VS.. $4,535 900 or s2.64 in the pre-
iouS year.
Bristol-Myers Co. net for 1914 was
2.439 ,546 or 1896 VS.. $2,683,55 or
:02 in 1943.
Atlas Powder Co. earned 81 1,699 GIT
/ $528 in 1914 VS.. $1,743,133 or SIS.
| the preceding year.
Union Bag & Paper Corp. net for
)44 was $1,584,013 or $125 VS.. ST.
48476 or 83 cents in 1943.
Western Auto Supply Co. of Mis-
1url earned $1,302,731 or S1.73 VS..
,012,893 or $2.68 in the previous
ar.
Wayne Pump Co. net for IL
onths ended November 80 was
53,057 or $3.50, before renegotia-
n, compared with $809, $50 or $3.50
the preceding fiscal period
Celotex Corp. earned $562 ,276 or So
ITS in IL months ended october
VS.. $3.50, ,199 or 54 cents in the pre-
ous year.
Ohio Brass CO. net for 1914 was
3l,004 or $1.81 VS.. $577, ,889 or $1.66
1943.
Wilson & Co. will use $4,000, ,00O
its surplus to retire portion of
S 324, ,783 shares of Sc cumulative
referred stock. It requested tend
ers at a price not exceeding 1001a.
Sheraton Corp. stockholders ap-
proved a 4-for-l split in capital stock
and heard plans for merger with
United States Realty Improvement
Co.
Consolidated Steel Corp. complet-
ed plans to enter the ship repair and
conversion business upon ALLEGATION
of a new 14,O00-ton sectional steel
floating drydock to its Wilmington,
Calf, yard.
Great Western Sugar Co. shares
$4,000 of them, will be offered by
Shields g. Co. at today's closing
price and are believed to be part of
the holdings of Horace Havemeyer
ST., director.
American Gas & Electric Co. may
be permitted to retain IA properties
comprising its central system" and
probably will be required to dispose
Of nine others, the SEC announced
Hearings viii be resumed March 6