Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-12-12
Business Briefs

Electric Power Consumption rose
to 4,096 1854 900 kilowatt hours in the
week ended December VS.. 1912
$4,000 in the previous week, but
remained 9.7qo below 38,012 900 in
the like 1914 week, reported the Edi-
son Electric Institute.
Demand Deposits of member
banks in 10l leading cities totaled
$37, 452 100000 on December s. drop
of $2,759 100000 from a week earlier
but 81 ,628 ,000, 900 above a year ago
the Federal Reserve Board an
nounced.
Meat Production for the week
ended December approximated
403, 100000 pounds VS.. $4,000 900 for
both the preceding week and the
like 1914 week, the Agriculture De-
partment estimated.
New Securities Marketed Today
included: 1885, 500 common shares Of
Bates Mfg. Co. at Is. 100000 common
shares of Drummer Mfg. Co., at 734
100000 of Hammermill Paper Co
80 debentures at 1929; 1925 com.
mon shares of Mary Lee Candies
Inc. at $7.871a share; 298, 500 elias!
A common shares of Universal Cam.
era at S; 153,006 common shares o,
Sioux City Gas at 287s, also $4,000
shares of 3.9% preferred at 102 anc
$4,000, 600 of the firms 2349o bond.
at 100.625.
Coleman Co, Inc, profit for
months ended September 80 was
$57,626 VS.. $55O,423 in the same
1914 period.
Chicago g. Eastern Illinois Rail-
road net for 10 months ended Octo.
Der 81 was $939,939 VS.. 81, Isl, 704.
National Tea Co. sales for weeks
ended December totaled $9,719,271
a gain of 24.9% from a year ago;
for 48 weeks ended the same date
$95,846,416, an increase of 4.7%.
Schiff Co. sales in November to-
tailed $2,255, 851, an increase of 8.9%
above a year ago; for II months
$19,671, 318, gain of 500.
Superior Portland Cement Co. de-
clared a dividend of rs cents on
new common stock, payable Decem-
Der %, first payment since adop-
ton of the Republication plan.
Buffalo, Niagara Electric Corp
awarded $56,900,000 of first mort
gage 234ao bonds to Morgan Stanley
& Co. and associates on q bid OF
10l.67. Reoffering was planned at
l0206.
Celanese Corp. purchased LOO
acres near Rock Hill, S. c., as loca-
ton for new $10,000,0Oo plant tt
produce cellulose acetate and celia.
nese yarn.
Western Union Telegraph Co
profit for 10 months ended October
81 was $6,255,834 or $500 on class
A stock VS.. $500, 300 or $4.85 in the
same 1914 period.
American Gable & Radio Corn
earned $1,474,527 or AZ cents in
months ended September 80 VS.. ST..
487 ,069 or AZ cents year ago.
Eversharp, Inc, net for 9 months
ended November 80 was 81 1872 1888 Va
$804,592 in the same 1914 period.
Illinois Bell Telephone Co. earnet
sS,930,099 in 10 months ended Oc
tober 81 VS.. $8,742,322 year ago.
Shamrock Oil 4 Gas Corp. de
clared a quarterly dividend OF /
cents a common share, payable jim
uaryi /. Previous payments were
cents.
Republic Oil Refining Co. pur
chased all capital stock of Repub
lie OIL Co., distributing and mar
keting agency.
Crown Cork & Seal Co. electe
John ]. Maggie president to succcee
Charles e. McManus, who becam
board chairman.
Cresley Corp. appointed Norma
C. Macdonald vice president an
general manager of the New Yor
branch of Crosley Distributing Corr
Kobacker Stores, Inc, elected Har
old r. weinberg secretary and con
lroller.