Evening star., 1945-04-03
Business Briefs

Cash Dividends publicly reported
in February amounted to $l39, ,70O,-
000, q gain of 1870 over year ago
In 3 months ended February %, they
totaled 1921 100000, rise of 6.79t
from year earlier.
Net Railway Income of class
carriers z February totaled $37 AGO.
600 VS.. $46 ,038, ,30l a year ago: in
months of l945, $75,000,O00, dror
of sic, 1853 from year ago.
New Securities Offered Today in.
cluded-17,000 shares of $3.50 con
vertible preferred and 100000 com
mon shares of Northwestern Leath.
er Co., the former at so and the lat
ter at IL: $6,200,000 utility revenue
bonds of the city of Springfield, Mo.
SO,SS0 common shares of Ohio Waite
Service Co. at l5A, oversubscribeo
Kidder Peabody g. Co. was Sus
pended by the SEC from member
ship in the National Association o.
Securities Dealers, Inc. for 10 day!
beginning April II.
American Home Products Corp
will begin a $15,000,000 expansion
program as soon as war restriction
are lifted, said Alvin G. Brush
board chairman.
Standard Oil Co. of Ohio stock.
holders approved a split in common
stock on the basis of 2l2 shares fol
one. Profit for 1914 was SIS, ,082 .l2T
or $3.50 a share VS.. Sl4 ,802 OF
s214 in the previous year.
Link Belt Co. stockholders will
vote April II on proposed in
crease in authorized common stock
from 740,350 to 840,350 shares The
firm will redeem 30,187 6laeo pre-
ferred shares July at 100 and ac-
crued dividends.
Fairchild Engine e. Airplane Corp.
proposed issuance of 10000 pre-
ferred shares to finance postwar
projects.
Central Vermont Public Service
Corp. plan to sell 10000 common
shares and 6,967 900 of series D first
mortgage bonds at competitive bid
ding was approved by the SEC.
Rath Packing Co. offered stock
holders of record March 20 the righ!
to subscribe to an additional COM
mon share for each 81 shares held
at 33S up to 3 pm. April 8.
Socony-Vacuum Oil Co. earned
s62 300 900 or 81 a share in 1874 VS.
S35 900 900 or $1.15 in l943.
Be1dix Aviation Corp. net for II
months ended September 80 was
s15.290,0 ,09l or $7.20 VS.. $14,722. .704 OF
s695 in the preceding year.
Republic Steel Corp. earned $10,-
l30,296 or $1.44 in 1874 VS.. $12,011,-
057 or SLIT in 1943. More than
100000 year In interest was saved
by refunding in 1914.
international Paper Co. net fol
1914 was $S,447,952 or $209 VS.. S..
4l3,8o7 or $2.07 in the previous
year.
Inland Steel Co. earned slo,24s,.
395 or $6.3S in 1914, VS.. $l0,80l ,564
or 1851 in 1913.
Southern Pacific System profit TO,
Q months ended February % was
s5,286,682 or $l.40 VS.. $7,l03, ,249 OF
Sl.88 year ago.
Standard Steel Spring Co. net fol
1914 was $1,470,838 or $1.0l VS.. ST..
582,152 or $1.09 in the previous year
National City Lines, Inc, earned
$1,4i4,699 or $40 in 1914 VS.. ST.
359,181 or $2.56 on fewer shares ir
1943.
Park & Tilford, Inc, net for 1914
was $1,l3o, ,204 or $448 VS.. $1,388, Gas
or 1851 on fewer shares in the pre-
viouS year.
Potomac Edison Co. earned tl,.
Ole, $50 or $4.99 in 1914 VS.. 1864, 1864
in 1943.
Cooper -Bessemer Corp. net fol
1914 was $685., ,142 or $2.46 VS.. 81, ,O25,-
997 or So IA In the previous year.
Reliable Stores Corp. earned S745,-
827 or $2.07 in 1914 VS.. 1855 .06l OF
$2.47 in l943.
Miami Copper Co. net for 1914 was
e714,437 or 96 cents VS.. $763, ,7B0 or
a0 In the previous year.