Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-12-07
Business Briefs

Retail Trade continued to expand
In the last week and averaged 60
to 1870 above year ago, reported
Dun & Bradstreet, Inc. Luxury
items we're in demand and short
ages of mems clothing persisted.
Money in Circulation rose to $685.
279000,000 on December 5, a gain of
S110000,000 from a week earlier and
S3,172 100000 above year ago, re-
ported the Federal Reserve Board.
New York Stock Exchange will be
open December "a and 81, the days
before Christmas and New Year
Day holidays.
New York Dock Co. registered
with the SEC S12,000,0OO of 3RPo
bonds to finance retirement of Sl0,-
100000 of 40 bonds and a bank loan
of S1,5OO,000
Southern Pacific Co. accepted
tenders of $17,900,00O Central Pa
ciflc Railway first mortgage bonds
at an average price of 11076
International Telephone & Tele-
graph Co will receive this month an
initial payment of 100000 from
Spain as amortization of its hold
ings of s50,O0O,000 of SPANS 40
dollar bonds.
Fansteel Metallurgical Corp. stock
holders approved an increase in
common stock from 100000 to 10000
shares.
Lehigh Valley Coal Corp. directors
approved capitalization plan to
be submitted to stockholders.
koppers Co. was reported nego-
tiating to acquire all capital stock OF
Wiles Dove-Hermiston Corp, maker
of bituminous protective coatings, in
exchange for 1850 Koppers COM
mon shares and 100000 cash.
Colgate Palmolive-Peet Co. de-
clared an extra dividend of 81 a
common share, payable December
%, raising 1945 payments to 50 vs.
Sl75 in 1914
General Public Service Corp. de-
clared dividends of SO on the So
preferred and 1925 on the 51a % pre-
ferred, both on account of arrears
and payable December "a. They will
cut arrears to $3.50 and S23.3712 a
share, respectively.
Sears Roebuck & Co. sales for No.
vember totaled $l19,039, 753, second
best month on record, and $3.50
above year ago. for 10 months
ended November 30, s848, 469 ,l01, an
increase of $3.50.
F. w. WoOlwOrth Co. sales in No
vember totaled S42,970,108, a gain oil
4.69o from year ago; in IL months
S405 $50, SOL, an increase of 1890.
W.T.. Grant Co. sales for Novem-
Der tptaled S16,650,67 a decline of
1877 from year ago; for II months
$751; ,7H 1871. gain of 2.7%.
G. G. Murphy Co. sales in Novem-
Der totafed S8,082 ,225, gain of 23%
frcmsa year ago; in II months, $780,.
Dol ,498, an increase of 1876.
Lerner Stores Corp. sales for No.
vember totaled 1891 ,613, a gain oil
1850 from year ago; for 10 months
ended November 30. $74,312 ,625, q
jump of 71%.
McCrory Stores Corp. sales in No.
vember totaled S6,411, 165, a decline
of 1877 from year ago; in II
months, $60,425, 1856, a gain of 0.2%
Mercantile Stores Co. sales fol
November totaled $8,118,000, a jump
of 1880 from year ago; for II
months ended November 80, $50, 363,.
1T, a gain of 26.9%.
Middle West Corp. and subsidiarie
earned $2,853, 228 or Sc cents a shar,
in months ended September 80 VS.
$2,744,445 or SO cents year ago.
Goebel Brewing Co. profit for :
months was S419,653 or 80 cents VS.
$685., $40 or % cents in the same 1874.
period.
Kobacker Stores, Inc, earne,
1886 SGT or So cents in 9 months VS.
$477,154 or 81 cents year ago.
American Locomotive Co. ha
untitled foreign orders for $50 steam
Diesel locomotives, including a nev
French order for $50.