Evening star., 1945-11-04
Business Briefs

General Business Activity has
turned up slightly, according to the
index of Business Week, which stood
at l48.5 for the latest week VS.. 148.4
n the previous week, 1897 month
ago and 231.l year ago.
New York Stock Exchange Men,
berships changed hands Friday for
$4,000 and $85,000, the last figure
being the highest since July 13, 1888.
The current bid was $4,000 with
500, 900 asked.
Sun Oil Co. will spend more than
$40, 900 900 expanding retail outlets,
starting with construction Of 400
service stations of new design
in the next 10 months.
Western Pipe g. Steel stockholders
will vote November Is on proposed
sale of the firm to Consolidated
Steel Corp. for $6,2l7,363.
Mengel Co. purchased Foreman
Derrickson Veneer Co. of Elizabeth
City, N. C. The Foreman Derrick
son plant has an annual capacity
of 20,000,000 feet.
International Utilities Corp. de-
clared regular quarterly dividend
of 371a cents a common share, pay
able December l., and an additional
dividend of SO cents, payable jan
uary II. Both dividends will be
paid to holders of new common
shares after exchange Of old securi-
ties.
Chicago Corp. declared a special
dividend of rs cents a common
share, payable January 2. The firm
said this first payment should not
be considered as instituting regu-
lar dividends.
Chrysler Corp. reported to EN-
ployes that total net profits for 3
years of wartime production were
44qe less than for the 3 preceding
peacetime years.
Radio Corp of America earned
$8,204,470 or AZ cents in 9 months
ended September 80 vs.. $6,734,67l OF
81 cents year ago.
Kimberly Clark Corp. profit for 8
months was s1,917,979 or 1882 VS.,
$1,916,507 or $294 in the same 1914
period.
Anderson, Clayton g. Co. earned
IS 1893 1886 or $3. SO in IL months end
ed July 81 VS.. s6,516,576 or $4.34 in
the previous year.
American Light & Traction Co.
net for IL months ended September
30 was $5,113 ,F08 or $155 VS.. 4,785,-
1858 or s143 in the preceding fiscal
period.
Ell Paso Natural Gas Co. Dela-
ware) earned $2,114,843 or 1894 in
IL months ended August 81 VS.. ST.
387 ,260 or $3.79 in the previous year.
Sharp g. Dohme, Inc, net for IL
months ended September 80 was
81 ,563 ,461 or SO cents VS.. $l,776,-
342 or s1.23 in the preceding fiscal
period
Seaboard Oil Co. of Delaware
profit for the third quarter of 1945
was $624,310 or so cents VS.. S448, 1926
or So cents a year ago.
Coty, Inc, earned S517,6l5 or IS
cents in 8 months VS.. S503 ,202 or "a
cents a year ago.
Omnibus Corp. net for months
was $990,309 or 95 cents VS.. s1,064.-
087 in the same 1914 period.
Twin Coach Co. earned $371 OTIS OF
78 cents in 8 months VS.. $364,5I6 OF
II cents a year ago.
Parkersburg Rig g. Reel Co. net
for 9 months was s380,021 or $1.52
VS.. S469, ,264 or S201 in the same
1914 period.
Maytag Co. production of wash
ing machines has reached 500 OF
prewar levels.
General Outdoor Advertising Co
net for the third quarter was Sl32,-
789 or cents VS.. s200,3S9 or Il cents
IN the same 1914 period.
Neisner Brothers. Inc. sales fol
October totaled $3,278,473, a dror
of 4.7To from a year ago; for II
months. s29 ,357 POI, an increase OF
2.49e.
Pennsylvania Railroad announced
the return of Charles D. Young as
vice president in charge of real
estate, purchases and insurance. He
has been deputy director of ODT.
Abbott Laboratories appointed DR.
r. D. Coghill associate director OF
research. He is an authority or
penicillin and has been research
Official in the Agriculture Depart
ment.