Evening star., 1945-11-21
Business Briefs

Electric Power Consumption fol-
the week ended November IT roSt
to 1894 ,608, 600 kilowatt hours VS.
3,948, ,024,000 in the previous week
but was 1857 below 4,450, ,047 900 in
the like 1914 week, the Edison Elec-
trio Institute announced.
Demand Deposits of member
banks in 101 leading cities totalec
S39, sol 900 900 on November IA, 6
gain of $52,000,O0O from a week
earlier and $1,084, ,000, 900 above 6
year ago, reported the Federal Re.
serve Board
Short Interest in Stocks listed or
the New York Stock Exchange to-
tailed 1,566,015 on November Is VS.
1,404,483 a month earlier.
National Dairy Products Corp
registered with the SEC $50.000,00t
of 2& % debentures to finance re.
tirement of s50,600.00 of outstand.
ing 314s.
Southern Pacific Co.. arranged E
bank loan for $12,000,000 to helr
pay for 1850 freight cars expected te
cost $4,000, 900.
Jones e. Laughlin Steel Corp
called for redemption 100000 shares
of SO cumulative convertible pre-.
ferred stock, series B, on January
at los and accrued dividends.
International Business Machines
Corp. stockholders will vote January
on a proposed increase in author.
lied capital stock to effect 5-to-t
stock splitup as substitute for the
usual annual stock dividend.
American Telephone g. Tele.
graph Co. declared the usual s2.2s
dividend, payable January Is.
Johns ManvilIe Corp. declared q
year-end dividend of S1.25 a COM
mon share, payable December 10
raising 1945 payments to S3.25 VS.
$2.75 last year.
B. F. Goodrich Co. declared divi-
dend of rs cents a common share
payable December 81. Previous pay
ments we're so cents.
Hazehine Corp. declared a divi-
dend of 81 a common share, pay
able December 15 Previous quar-
terly payments were so cents.
Bendix Aviation Corp. declared q
dividend of so cents common
share, payable December %. Pre-
vious quarterly payments were rs
cents.
YaIes& Towne Mfg. Co. declared
a special dividend of 40 cents COM
mon share payable December 19
and the regular quarterly of Is
cents, payable January 2.
r. Hoe & Co. declared dividend
of 81 share on the 81 class A stock
first in 20 years, and payable De-
cember Is. Arrears total $79 q
share.
twentieth Century-Fox Film
Corp. earned $7,529, ,287 or 1891 a
share in 80 weeks ended September
% VS.. $9, ,487 ,929 or, $4.67 a year ago
An extra dividend of so cents and q
regular quarterly of so cents were
declared, both payable December 20
lifting 1945 payments to $3.50 VS.. s.
in 1914.
port Corp. profit for the September
quarter was $1,387 ,597 or % cent:
VS.. $l,507 ass or 80 cents in tht
same 1914 period. -
A. O. Smith Corp. earned $4,535,.
S67 or $500 In IL months endee
July 81 VS.. $4.355 ,667 or $8.73 II
the previous year.
National Power e. Light Co. anc
subsidiaries reported net income O.
$745 ,666 or 13 cents in month,
ended August 81 VS.. $879,302 or II
cents in the same 1914 period.
Great Northern Paper Co. prof
for 8 months ended September 81
was $851,707 or IS cents VS.. $780,.
951 or $131.
Baldwin Locomotive Co. has $50,.
100000 of locomotive orders, includ.
ing $35 5,000, 900 for foreign account
mostly France and South America.
Association of National Advertis.
ers elected Paul s. Ellison boart
chairman and renamed Paul B
West president. Mr.. Ellison Is ad.
vertising director of Sylvania Elec.
tric Products.