Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-03-20
Business Briefs

Americans Sailed Away $4,000
100000 in 1914, 10 times more thar
it saved in 1910, according to ar
SEC study. In the last 21a years
savings averaged nearly $3.50 of in.
come, the agency reported.
Sugar Distribution in the United
States during January and FebE
ruary totaled 1,096 ,235 short tons vs.
1,045 1853 in the same 1914 period
the VIA announced.
Federal Water g. Cas- Corp. plar
to divest itself of interest in Ohio
Water Service Co. through sale o.
common stock to Otis & Co. was ap.
proved by the SEC.
Missouri-Kansas Texas Railroad
proxies are being solicited by thu
stockholders group seeking reorgan'
ization. Marvin D. Adams, chair
man, said the SEC approved.
Oak Mfg. Co., Illinois radio anC
radar manufacturers, registered with
the SEC 100000 of 10-year So;
sinking fund convertible debenture!
and 900 shares of 81 par value
common.
Florida Power Corp. received high
bid OF 100.177 for 10000 shares of AZ
preferred stock from Kidder Pea.
BODY g. Co.
Special Offering of 10000 shares Of
Western Union Telegraph Co. "a
stock by Paine, jackson & Curtis
was quickly oversubscribed at 1872.
General Electric Co. net for 1914
was S50,845, 719 or SITS VS.. $44 1922,
846 or S156 in the previous year
International Nickel of Canada
Ltd. earned S26,927 $50 or Sill in
1914 VS.. S31,127,204 or So in 1943.
Safeway Stores, Inc, profit for
1914 was s5.2O2,598 or S489 VS.. S.
O36.748 or s468 in the preceding
year.
South Penn Oil Co. earned 1892
638 or 1882 in 1914 VS.. $3,806, 074 or
1881 in the 1943.
Mack Trucks, Inc. net for 1914
was $685. 1857 or Sc VS.. $3,073 ,088 or
s5.14 in the previous year.
United States Smelling. Refining
g. Mining Co. earned $2,025 SOL OF
70 cents in 1914 vs. $2,828,257 OF
S225 in 1913. No action was taken
on common dividend, first de-
ferred in December.
American Water Works g. Electric
Co net for 1914 was 81 ,391 1886 OF
S136. after special tax adjustments
VS.. $3,773, 067 or $1.10 in the previous
year.
Canadian Industries, Ltd, earned
s4,556,010 or 1904 in 1914 VS.. $4,444,-
ITO or $3.50 in 1913.
~
for 1914 was $1,848.527 or s1.35 VS.
sl959.7l8 or $147 in the preceding
year.
Walworth Co. net for 1914 was
$l,64l ,987 or $118 VS.. $2,088, 635 OF
$1.51 in the previous year.
Sunray Oil Corp. earned $1,543..
sos or 48 cents in 1914 VS.. 81 ,121 ,O6:
or 3723 cents in 1943
Godchaux Sugars, Inc. net for Il
months ended January 81 was $647,-
933 or $1.44 on class B stock VS.
S592,601 or rs cents q B share in
the preceding year
Hewitt Rubber Corp. earned $5l9,.
985 or $500 in 1914 VS.. $559, 167 OF
1892 in 1943.
New York Power & Light Co.
registered with the SEC $500 ,00(
of first mortgage bonds. due 1875, te
be offered under competitive bidding
for refunding purposes.
Dresser Industries, Inc, stock.
holders voted to split common stock
2 for l, raising the total from 600 0O(
to 1000 900 and authorized an addi-
tionai 1,200,0 900, bringing the author
lied total to 100000.
Massachusetts, Investors Seconi
Fund assets on February 20 totalee
s11,940,844 or 1924 a share VS.. &c..
623, 705 or $40 a year earlier.
Republic Aviation Corp. reported
current backlog of $500, 000, 900 or.
ders from the Army, Air Forces
compared with $475 ,000, 900 at the
end of 1914. Production in 1914 was
$50 above the previous year.