Evening star., 1945-03-14
Business Briefs
Demand Deposits of member ban

demand Dep0SltS OF member DdnkS
in 10l leading cities totaled $37, ,149,-
000, 900 on March 7, a gain of $751; =
600, 900 from week earlier and $4,-
37l ,000, 900 above year ago, the Fed
eral Reserve Board reported.
Electric Power Consumption in the
week ended March 10 totaled 4,446,-
1876 900 kilowatt hours VS.. 4,472, no.
900 in the previous week, but re-
NAMED above 4,425 $50 900 in the like
tute announced
American Telephone & Telegraph
Co. stockholders will vote April Il
on proposal to terminate immedi-
ately negotiations for sale of its
telegraph facilities to Western
Union. The management will rec
ommend vote against the proposal
American Utilities Service Corp
amended plan of recapitalizatior
was approved by the SEC.
Univis Lens Co. registered witr
the SEC 42,702 common shares, o1
which $4,000 will be for company
account and the remainder for q
stockholder. They will be pricec
at 612.
Continental Can Co. offering OF
10000 shares of S375 cumulative
preferred stock to increase working
capital was marketed at 1922 by a
group headed by Goldman, Sachs.
Panhandle Eastern Pipe Line Co.
stockholders approved two-for- one
split in common stock.
Fact pmo, KndoG 20 oor,,oJ cog
OBJ ,310 or $9.15 a share in SO weeks
ended December 80 VS.. S22, ,270, ,403
or s8.85 in the preceding So weeks.
Philadelphia Electric Co. net fol
1914 was 16,798,828 or S1.50 VS.. S15,-
751,521 or s1.37 in the previous year
National Lead Co. earned $685.
754 or $1.79 VS.. s5,200,877 or s102
in 1943.
Chicago Pneumatic Tool Co. net
for 1914 was $2,120,529 VS.. $2,107, ,585
in the previous year.
United Drug, Inc, earned $2,191,-
$40 or S156 in 1914 VS.. $2,385, ,025 OF
$1.70 in 1943.
SyIvania Electric Products, Inc.
profit for 1914 was $2,053 ,235 or 500
VS.. 81 SGT 1886 or $179 on fewer shares
in the previous year.
City Ice and Fuel Co. earned ST.
$40 or $206 in 1914 VS.. $2,842,.
899 or $181 in 1943.
Chas. Pfizer g. Co. profit for 1914
was $2,335, ,084 or $4.67 VS.. S1,783, n:
or 1885 in the preceding year.
Deep Rock Oil Corp. net for 1914
was 81 400, ,431 or $3.75 VS.. $1,319, ,164
or $3.50 in the previous year.
Eagle Picher Lear Co. earned
S1,259,2 or $138 in IL month.
ended November 80 VS.. $1,160,241 OF
'S127 in the preceding fiscal period.
General Telephone Co. net fol
1914 was SI,725 ,226 or s2.O2 VS.
S1,863 ,521 or $2.24 in the previou.
year.
International Salt Co. earned
$646, 1886 or $270 in 1914 VS.. $704 so:
or 1874 in 1943.
Froedtert Grain & Mating Co
net for months ended January 81
was $500 ,623 or SLOT VS.. $263, ,252 ol
So cents year ago.
New York Air Brake Co. earnings
are running below year ago, chiefly
because of higher taxes, President
Lowell r. Burch told stockholders
A new brake device for light trucks
will be on the market later this year
The order backlog totals $11, 500 900
Proctor e. Gamble Co. directors
called for redemption on June Is al
SO preferred stock at $110, plus a
$l.25 dividend for the quarter ended
June Is.
Spiegel. Inc. acquired Harbour
Longmile Co., Oklahoma City home.
furnishings store.
r Lorillard Co. increased produc-
ton Of Old Gold cigarettes in Janu-
ary and February 14% above a year