Evening star., 1945-01-04
Business Briefs

bdnk ClearlnSS IN "a leaQ1ng clues
jumped to $11 $50 ,002, 900 in the week
ended January 3, compared with &c.
S38, ATS 600 in the previous week and
$40, ,180 1854 900 in the corresponding
week year ago, Dun & Bradstreet
Inc, announced.
clined to 1925, ,814, 900 kilowatt hour.
In the week ended December 80
compared with 4,616,975 900 in the
previous week and was 2.6To below
the like 1943 week, reported the
Edison Electric Institute.
Labor Shortages are holding bach
production Of practically every meta
needed for war, WPB stated. Cop.
per and lead were said to be ir
shortest prospective supply.
Inspected Meat Output In thu
week ended December 80 totalet
57,000.00 pounds, a drop of 28%
from the previous week and 1917
below a. year ago, the War Meat
Board disclosed.
Postwar Auto Advertising will ap.
proximate $160 100000 in the frs
year of unrestricted production. pre-.
dicted Joseph w. Frazer, chairman
of Graham-Paige Motor Corp, a
Chicago.
More Tin Containers for food ane
other commonly used products may
become available in 1945, said Presi-
dent D. w. Figgis of American Car
Co.
Louisville g. Nashville Railroad
Co. awarded $53,835, 900 of 33s%
bonds to Halsey-Stuart g. Co. ant
associates on bid of 104.66. Nor
gan, Stanley & Co. bid l04 1896
Reoffering was planned at 105.88.
Butler Bros offering of 100, ,0o0
shares of 41aHo cumulative preferred
stock was marketed at $103 a share
by q group headed by Hartman,
Ripley & Co., Inc.
Washington Terminal Co. awarded
$11 900, 900 of 25s8o first mortgage
bonds, due 1870, to Dillon, Read &
Co. and associates on a bid of 100.81.
Reoffering was planned at 101.38.
Proceeds will be used to redeem $11,-
915,0 200 of first mortgage bonds, due
February /.
J. p. Morgan & Co., Inc, assets on
December 81 totaled $816,596, 500 VS..
S758,056,415 a year ago; deposits,
$74S ,229 1923 VS.. $678, 1864, ,371; Federal
securities, $685., ,055, 1876 VS.. $4S7, ,615.-
0ss.
BarnsdaIl Oil Co. declared a quar-
teriy dividend of 20 cents a share,
payable March 9, an increase of :
cents from previous quarterly pay
ments.
American Utilities Corp. has been
continually subjected to conflicting
ideas of three groups of stockhold-
ers," President Charles H. Bliss
said at an SEC hearing. He charged
them with coercion and inter-
ference"
National Department Stores di-
rectors authorized redemption OF
10000 shares Of So preferred a,
-$1232la q share by lot on March IS
Minneapolis Honeywell Regulator
Co. plants in Minneapolis set a new
record by. turning out more thar
$55,000, 600 worth OF war materials In
1914, Vice President George A
DuToit, jr., said.
n. H. Macy & Co. started regular
television broadcasting from Dr
Mont station WABD. R-K-O Tele.
vision Corp. is producing the shows
American Utilities Service Corn
recapitalization plan was filed with
the SEC by holders Of 27.5%e of tn,
preferred stock. It will be consid.
cred along with the firms propose
to liquidate.
American Light 4 Traction Co
plan to form new company to con.
struct, own and operate $40, 0,000, ,O0(
natural gas pipe line from Texas te
Wisconsin and Michigan will be con.
sidered by the SEC January II.
Otis Elevator Co. elected L. A
Peterson president to succeed the
late Jesse H. Van Alstyne. He ha,
been executive vice president.
Standard Cap & Seal Co. an
nounced resignation Of Russell Nc.
Gree as president because Of III
health.