Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-09-06
Business Briefs
Bank Clearings in "a leading ci

bduh SlCdIIHSS III "a lGdQlllS CLUES
totaled s8,177 800 900 in the week
ended September VS.. SO ,943, 773, 900
in the previous week and 8,034 $685.
600 year ago, reported Dun G.
Bradstreet, Inc.
Northern Pacific Railway received
lone bid of SO for s55 ,000, 900 of COL
lateral trust AZ bonds from Morgan
Stanley & Co. and associates. Re-
offering was planned at par.
Pennsylvania Central Airlines reg
istered with the SEC $10,000.000 of
15-year convertible income deben-
lures. Around $500, 600 of the pro-
ceeds would be used for new equip
ment and the balance added to gen.
eral funds.
Armstrong Cork Co. stockholders
approved creation of 100000 shares
of cumulative preferred stock and an
increase in common from 1,624, 693
to 100000 shares.
Mona Electric Corp. stockholders
approved the financing program, in
Guiding an increase in common stock
from $780, 900 to 100000 shares.
Southern Railway ordered So
100000 worth of new diesel-electric
engines, including II freight loco
motives of 5000 horsepower, 6 pas
senger engines of 5000 horsepower
and "a sWitchers of 1000 horsepower,
to be delivered by next July /.
Chicago, Burlington e. Quincy
Railroad placed more than $780,
900 of orders for new passenger
equipment.
Square ID Co. will double the size
Of its Milwaukee plant.
Reynolds Metals Co. purchased
10000 square feet of land near Cam
bridge, Mass, as site for a $1,000 900
laboratory.
Crowell- Collier Publishing Co. will
spend S1000,000 for expansion of it's
Springfield. Ohio, plant where the
American, Golfers and Women,s
Home Companion magazines are
printed.
Engineers Public Service Co. and
subsidiaries earned $8093,26 or
1913 share in IL months ended
July 81 VS.. $6,0l1,8 1878 or Sl98 in the
previous year
Virginia Electric & Power Co. net
for IL months ended July 81 was S.
720,690 VS.. $4,807,9ll in the preced-
ing fiscal period.
American Potash e. Chemical
Corp. earned s585, 720 or Sill in the
first half of l945 VS.. S747,043 or $1.4I
q year ago.
Diamond Shoe Corp. profit for the
first half of 1945 was s451,212 or
$l.o8 VS.. $3.50, s49 or 81 .02 in the same
1914 period.
u. c. Murphy Co. sales for August
totaled $685. SIS, a gain of 3.7%
from a year ago; for months, s58,-
2O3 ,038, an increase of liz
McCrory Stores Corp. sales for
August totaled S5,214,342 a drop of
$3.50 from year ago; for 8 months.
S42, BAT 1854. gain of 2.3%.
Imperial Ice Cream Co. STOCKHOLM
ers at Parkersburg, w. Va. approved
sale OF their firm to Fairmont
Creamery Co. of Omaha,
American Thread Co. purchased
from Hampton Spinning Co. two
mills at Clover, S. c., and another
at Troutman, N. C.
Beatrice Creamery Co. announces
its subsidiary, Meadow Gold Diaries
OF California, acquired Fosselman
Creamery of Pasadena.
United Fruit Co. requested bids on
9 new refrigerated ships and is ex-
pected to award contracts soon.
Consolidated Vultee Aircraft Corn.
will close divisions at Allentown,
Pa; New Orleans, Tucson, Ariz. !;
Elizabeth City, N. c., and Louisville
KY, by the end of this month.
Boeing Aircraft Co. and Boeing
Airplane Co. elected William M.
Allen president to succeed the late
Philip G. johnson.
Atlas Powder Co. elected Leland
Lyon board chairman and Isaac
Fogg to succeed him as president.