Evening star., 1945-11-14
Business Briefs
Pennsylvania Railroad declared

Pennsylvania Railroad declared a
dividend of $3.50 a share, payable on
and after December 49,
Commercial, Industrial and Farm
Loans pf member banks in lO1 lead
Ing cities totaled s6,480 100000 on
November 7, jump Of $4,000 900
from a, week earlier and $4,000, 90
above q year ago. reported the Fed
eral Reserve Board.
Civilian Passenger Tire Output is
running around $50 behind quotas,
failing by 100000 units to reach
monthly capacity estimated as
100000 castings, the Rubber Manu-
facturers Association, announced. At
least 1000 more workers are needed
Meat Production at Federally in
spected plants approXimated 361,-
100000 pounds in the week ended
November 10 vs. 344 100000 in pre-
vious weeks and 337 100000 a year
ago, the Agriculture Department
estimated
New Securities Marketed Today
included: 499, 500 shares of Universal
Camera Corp. class A common at s.;
400,220 common shares of National
Vulcanized Fibre Co. at Is and So
100000 of the firms 4I4 f6 debentures
at 1922; 77.546 shares of California
Water Service Co. 4.4fe preferred at
1884; 36006 shares of Ironite Ironer
Co. convertible preferred at 10.
American Water Works g. Electric
Co. asked SEC permission to issue
s12000,000 of Ia % notes to finance
retirement of present debt.
Consolidated Electric g. Gas Co.
asked SEC authority to borrow S14,-
100000 from banks on a Short-term
basis at 234ee. Funds would be used
to retire $14.700,000 of SO bonds.
Manufacturers Credit Corp. of
Washington, D. c., registered with
the SEC 10000 shares of $25 par
value 6fo preferred and 10000 of 81
par value common to be offered in
units of one share of each security
for $50 unit
New York Central Railroad de-
clared dividend of 81 a common
share, payable January Is. Previous
payment was SO cents in July,
Marshall Field & Co. will pay off
. bond issues held by Metropolitan
Life, leaving it free from funded
debt for the first time since 1925.
Sale of the Merchandise Mart to in
terestS representing Joseph P. Ken
nedy was completed.
Ohio Oil Co. earned $l1 ,464 1893 or
SITS share in 8 months ended
September 80 VS.. S11 ,e62,277 or s1B2
a year ago.
Missouri Pacific Railroad net for 9
months was $10,975, ASS VS.. $780,
$50 in the same 1914 period. .
International Paper Co. profit for
9 months was S6,221,4 ATS VS.. $685.
626. Excluded was a homecoming
profit of 81 SOB ,631 from sale of prop
critics and investments.
Western Union Telegraph Co.
earned $5,656,528 or $459 on class A
stock il 9 months VS.. s5,421,96 or
$4.35. Joseph L. Egan was elected
president to succeed A. N. Williams
who became board chairman.
American Viscose Corp. profit for
9 months was $3,475,32l or $1.50 a
common share VS.. 1891 1884 or S1.73.
Transcontinental e. Western Air,
Inc, earned S1,660072 or Sligo in 9
months VS.. s2,036,973 or $500 year
age.
Southeastern Greyhound Lines
profit for the September quarter was
s609, ASS or SLIP VS.. $576, 1872 or S1.06.
Motor Products Corp. reported a
deficit of 1901 ,657 in the September
quarter VS.. profit Of $193,337 or so
cents
S. S. White Dental Mfg. Co.
earned $484,853 or $1.62 in 8 months
ended September 80 VS.. $519,481 or
S1.74 year ago.
Marmon- Harrington Co. profit for
- months was $226,182 or so cents
sys, s437,903 or 81 cents in the same
1914 period