Evening star., 1945-08-20
Business Briefs

In Race For Business, Eastern
Air Lines reduced passenger fares
SO to Az cents a mile and Amer
lean Airlines cut fares IT, ee, also to
Az cents a mile.
Curtiss- Wright Corp. will close
war plants at Cincinnati and Wood
ridge, N. j., in addition to those at
St Louis and Louisville. Employ
lnent was cut sharply at Columbus
Buffalo and Paterson, N. j.
Bond Stores, Inc, declared a divi.
dend of 35 cents a common share
payable September Is. Prior to E
2-for-1 split-up in July, the firm
paid so cents quarterly.
Real Silk Hosiery Mills declared a
dividend of $3.50 a share on 10
cumulative preferred stock, payable
October /. 1t includes $1175 to
clear all arrears and SITS for the
current quarter.
Westvaco Chlorine Products Corp
registered with the SEC 81 900 shares
Of 334 % preferred stock to be Of
fered in exchange for present Az %
and Az % preferred stocks. Net in
come for the first half was $615 ,32C
vs.. s557,911 in the 1914 half.
Atchison, Topeka & Santa Fe Rail-
way system earned $26,S17,456 OF
S977 share in the first half VS.
$50, ,787, ,165 or $7.28 year ago..
Seaboard Air Line Railway re-
ported net income of $1,189,024 in
the half VS.. $5,103,703 in the same
1914 period.
Safeway Stores, Inc, earned $2,-
7286 or IA cents in the half VS.
s2,773,46 or SO cents a year ago.
Transwestern Oil Co. profit for
the half was s1.445 ,002 or S1.93 VS..
s1,131 ,653 or sl.5l in the same 1914
period.
Associates Investment Co. and
subsidiaries earned S1.144,435 or
s222 in the half VS.. s1,03S,721 or
s219 year ago.
Omnibus Corp. profit for the half
was $653,028 or 63 cents VS., S711 ,273
or 70 cents in the same 1914 period
Jewel Tea Co. earned S696 1892 or
s1.o5 in % weeks ended July IA VS.
s6o4,173 or 88 cents a year ago.
Allied Mills, Inc, net for Il
months ended June 80 was s1.210.-
667 or s1.51 VS.. $1,541 ,796 or S1.92 in
the previous year.
Clayton e. Lambert Mfg. Co
earned $415.890 or 1924 in the frs
half VS.. S255,978 or $198 a year ago
Keystone Steel e. Wire Co. profit
for IL months ended June 80 was
81 $50, ,209 or S210 VS.. 81 1,467 ,301 OF
s1.94 in the preceding fiscal period
National Enameling e. Stamping
Co. earned $581, ,037 or s5.06 in the
first half of 1945 VS.. SAB, 1873 or $3.50
a year ago.
Monarch Machine Tool Co. profit
for the half was $276,889 or s1.32
VS.. $446,898 or $213 in the same
1914 period.
Hudson Motor Car Co. production
OF 1916 models will start within ia
days, but they will not begin to
appear In showroons for several
weeks.
Chrysler Corp. announced practi.
cally all Of its war contracts except
those connected with the atomic
bomb have been Cancelled.
VcStlHSH mouse Electrlc Corp. Will
begin turning out electric irons
Wednesday, electric toasters or
August q, refrigerators about Sep
tember Is and washing machines q
short time later.
Worthington Pump e. Machiner,
Corp. announced that war contrac
cancellations will wipe out only 15%
to 20% of its present order backlog
E. /. du P0nt de Nemours e. Co
exercised options to buy a 400-acrt
site at Washington, near Parkers.
burg, w. Va, for new plastics
plant.
Hewitt Rubber Co. acquired arounc
900 Of the stock of Robins Con.
veyors, Inc, of Passaic, N. j.
Asa S. Cook Co. elected Robert F
Meyer president and treasurer ano
Arvid N. Larson. general manager