Evening star., 1945-04-13
Business Briefs

Retail Trade declined slightly in
the last week because OF growing
scarcities in many lines and selec-
tivity of shoppers, but remained 20
to SO above a year ago, reported
Dun & Bradstreet, Inc.
Money in Circulation set new
record of S25, ,944 100000 on April II,
a Jump of S79,000,000 from a week
earlier and S4,649 100000 above a
wear ago, the Federal Reserve Board
announced. Gold stock totaled S2O,-
4l7OOO,OO0, a drop of S1,000,000 from
a week earlier and 1862 ,0OO, 900 be-
low year ago.
Gasoline Stocks of civilian grade
totaled 52,779.000 barrels on April
7 VS.. $3.50 900 a week earlier and
5o.566.OOO a year ago, the American
Petroleum Institute revealed.
North American Co. plans to sci
part of its 100000 shares of Pacltle
Gas g. Electric Co. common STOCK
and apply proceeds to scaling doWr
its own outstanding preferred stock
The company is expected to ottel
the Pacific shares before the start
of the next War Loan drive May IA
Coca-Cola Co. profit for 1914 was
S25, ,O21 ,445 or 1854 share VS.. $685.
526,222 or S5.93 in the previous year
Hiram Walker Gooderham &
Worts, Ltd, earned $4,213,907 OF
S545 a share in Canadian funds IN
6 months ended February % VS.. S4,-
0l9,361 or $5.18 year ago.
Aviation Corp. net for months
ended February % was S1,0l1 ,029 or
II cents, after renegotlation re-
serves, VS.. ST 1,460,863 or 25 cents in
the same 1914 period.
Atlantic Coast Line Railroad
earned So 2,561 1903 or $3.l1 in months
ended February % VS.. S3,l40,990 or
1881 year ago.
Transue & Williams Steel Forging
Co. net for the first quarter was
S91, $40 or 68 cents VS.. $108,097 or 80
cents in the same 1914 period.
Ford Motor Co. of Canada earned
S3,144,516 or ST go in 1914 VS.. $3,361,- =
958 or $203 in l943.
Gatineau Power Co. profit for
1914 was S2,223,277 or IS cents VS..
S2,478,555 or $10l in the previous
year.
Chicago, Rock Island e. Pacific
Railroad net income for 1914 was
S13,l4O,092 VS.. S24,126,917 in 1943.
Underwood Corp. earned $450,203
or 81 cents in the first quarter of
1945 VS.. S462,534 or So cents a year
ago.
American Home Products Corp.
reported gross sales of $30,009 900 in
the first quarter, a gain of 1870 over
a year ago and 49qe above the same
1943 period.
Sharon Steel Corp. acquired all
outstanding stock of Detroit Seam
less Steel Tube Co. and will operate
it as Subsidiary.
Colonial Stores, Inc, sales for
weeks ended March 81 totaled So
735,045, a drop of 40 from a yeal
ago; for 13 weeks ended the same
date, $23,1O1 ,430, a decline of 1.49o.
Baltimore g. Ohio Railroad bor-
rowed locomotives from three other
railroads to handle record freight
volume in March. Loadings totaleo
331 ,587 cars, gain of 1859 over a
year ago.
General Water, Gas & Electric Co
plan to sell its interest in Rockland
Gas Co., New York, to Rocklano
Light g. Power Co. for $685. 900 will
be heard by the SEC April 25,
Delaware e. Hudson Railroad and
Alban & Susquehanna Railroad filed
an application with the 1CC tc
merge
International Paper Co. stock
holders will vote on a plan to reduce
the board of directors from II to 16
Two Chase National Bank officials
are expected to resign and F. K
Morrow, prominent Canadian. was
nominated for one vacancy.
American Paper Goods Co. elected
w. S. Bacon board chairman and E
s. Lancaster to succeed him as pres
ident.