Evening star., 1945-06-19
Business Briefs

Meat Production at Federally in
spected plants approximated 284,-
600 900 pounds in the week ended
June 16 VS.. 2o2 100000 in the pre-
vious week and 326,000000 a year
ago, the War Meat Board estimated.
Remember Coffee Rationing? I'M
ports of the once scarce commodity
set record of 2,6O6, ,716,000 pounds
in 1914, compared with 2,198 ,247 900
in 1943. the Census Bureau dis
closed
Eager to Invest Idle Funds, cor
porations already have put more
than S3,000,00O,000 into Federal Sc
curities in the Seventh War Loan
Drive, reported Ted Gamble, ma
tional war finance director.
Hotel Earnings in 1874 were the
best since 1929 and amounted to
l0.67G on the estimated fair value
of the property, reported Horwath
G. Horwath, specialists in hotel ac-
counting. A quarter of the total
was paid in taxes, leaving a net re-
turn of 8.229o. The survey covered
100 leading hotels.
Bristol-Myers Co. registered with
the SEC $4,000 shares of 3s4 % Gu
mulative preferred stock to finance
additional plant equipment and lab
oratory facilities, and increase work.
ing capital.
Brooklyn Union Gas Co. is con-
sidering plans to refund 100000, 900
of general mortgage bonds and S12.-
100000 of debentures which it issued
in September, 1914, to replace its
entire $48,000,000 debt outstanding
at that time.
Champion Paper & Fibre Co.
stockholders will vote July on a
plan to redeem $10,5O0,00O of 3& %
bonds. S650.000 of notes and lis 900
preferred shares by issuing $13,000.-
900 of 20-year debentures and 100,-
900 shares of proposed authorized
10000 shares of new cumulative
preferred stock.
Montana Power Co. filed with the
SEC a plan to reduce capital repre-
sented by 2,481 ,665 common shares
from SAC, ,633 300 to S20,70O,0 900 with
out changing the number of shares
Lion Oil Refining Co. stockholders
WILL NOUC oQ1y OF OlI W
articles of incorporation, including
the elimination of refining from the
firms name and enlargement of the
company's powers to engage in the
making of chemicals, plastics, syn
thetic rubber and other products.
WHY'S Overland Motors, Inc,
earned S1,571 PAT or 66 cents a share
in 6 months ended March 81 VS.. ST.
558, 1863 or 10 cents a year ago.
Caterpillar Tractor Co. net for S
months ended May 81 was $3,506, ,912
or $186 VS.. $3,099,1l0 or S1.65 in the
same 1914 period.
Louisville g. Nashville Railroad
earned $6,876, ,433 or $2.93 in months
ended April 80 VS.. $5,618,717 or S2.4C
a year ago.
Reading Co. net for months
ended April 80 was s2,56l.8 OF
$3,127, ,443 or $1.57 in the same 1914
period.
Seaboard Air Line Railway earned
$1,664,7 1853 in 4 months ended April
80 VS.. $3,592,9 ,918 a year ago.
General Aniline e. Film Corp. de-
clared dividend of ST on class A
stock and divided of 10 cents or
class B stock. payable July %
Stockholders were given until July
II to elect to take shares of I. G
Chemie in lieu of cash.
Missouri e. Arkansas Railroad
officials reported negotiations fol
sale of the road to Ohio and Okla
homa interests had been broken of
after disagreement among the
prospective purchasers.
Baltimore e. Ohio Railroad car.
loadings in the week ended June II
totaled 1899 VS.. 1872 in the pre-
vious week and 77,462 in the like
1914 week.
E. l. du Pont de Nemours g. Co
elected Roger Williams vice presi.
dent and director He is assistant
general manager Of the explosives
department.