Evening star., 1945-02-15
Business Briefs

Cotton Consumption of domestic
mills in January totaled $40 9,945
bales Of lint and 128,781 of linters VS..
S3e,341 and 122 ,304 in the previous
month and 8t8,724 and 98, 1877 in the
same 1914 month, the Census Bu-
reau announced. Consumption In 6
months ended January 81 was A.
877,181 of lint and 743,798 Of linters
vs.. 5,091, ,116 and 652,171 a year ear
lier.
Bank Clearings in "a leading cities
sank to SO ,450, ,188, 900 in the holiday
week ended February IA, compared
with $11 OILS ,949 900 in the preceding
full week, but remained 90 above
$9,267 ,554, 900 in the like holiday
week last year, Dun & Bradstreet
Inc, revealed.
Electric Power Consumption de-
cclined to 4,505 1853 900 kilowatt
hours in the week ended February
10, compared with 4,538, $50 900 In
the previous week and 4,532, ,730, ,00C
in the like 1914 week, the Edison
Electric Institute reported.
Gasoline Stocks of civilian grade
totaled 1882, 900 barrels on Febru-
ary 10 VS.. 1850, 900 week earlier
and 1866 900 year ago, the Amer
ican Petroleum Institute disclosed
Supplies of both light and heavy
fuel oils declined from a week ear
lier and were around their wartime
lows.
L. c. Smith g. Corona Typewriters
Inc, stockholders will vote March
on a plan to eliminate preferred
stock by offering 335 common shares
for each preferred share.
United Merchants e. Manufac-
turers, Inc, stockholders approved
an increase In authorized common
stock to 100000 shares from 750,-
900. paving the way for a 2-for-1
stock splitup.
National Cash Register Co. pur-
chased and retired $3,600,000 of
21a % >debentures held by Prudential
Life Insurance Co.
Florsheim Shoe Co. borrowed ST.
100000 from Central Hanover Bank
on 1917 note. Proceeds were
used to reacquire 63,091 class A
ehareS at 30h.
Warren Petroleum Corp. regis
tered with the SEC $4,000, 900 of To-
year sinking fund debentures and
10000 shares of common stock. The
share are being sold by 8 stock
holders.
r. w. Woolworth Co. earned $22,-
3d. or $2.35 a share in 1914 VS.
$21 ,951 1865 or $2.26 in 1943.
Columbia Gas e. Electric Corp
net for 1914 was $13,709,725 or 5e
cents VS.. $14,137,012 or So cents ir
the previous year.
Owens Illinois Glass Co. earned
$8.135,355 or $3.06 in 1914 VS.. So
Ate, ,297 or 1886 in 1943.
Belding Heminway Co. net fol-
1914 was $512,953 or SIPS VS.. $552 ,36s
or $1.35 in the previous year.
Bigelow-Sanford Carpet Co. earned
$1.025,750 or $2.81 in 1914 VS.. $937,.
ST. or $2.48 in 1943.
Devoe g. Reynolds Co, Inc, net
for IL months ended November 81
was $642, ,234 or $3.1o on class A stocl
VS.. $685., ,223 or $344 q class A share
in the previous year.
Delaware q Hudson Co. earnec
5.812,705 or $11.35 in 1914 VS.. $9,771,.
6l8 or $19!08 In 1943.
Atlantic Coast Line Railroad ne
for 1914 was $16,101 1893 or 1884 VS.
s17. .480.95s or $21.22 in the preceding
year.
Mutual Life Insurance Co. of New
York reported surplus Of $68 $780,.
975 at the end of 1914, an increase
of SIS, ,643, ,716 during the year. New
insurance sales in 1914 totaled $751;.
191 900, gain of 1870 over 1943.
Santa Fe Railway ordered 50l
boxcars from Mount Vernon Cal
Mfg. Co. for delivery in July.
Elastic Stop Nut Corp. investiga'
tion will be resumed by the SEC
February 10.