Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-03-28
Business Briefs

Private Power Companies paid
$468 100000 or 1887 of their gross
in Federal taxes in 1914 and $685.
600 900 or 1857 of gross in State
and local taxes, reported c. w. KEEL
logg, president of Edison Electric
Institute. government power
projects pay no Federal taxes, he
pointed out.
Electric Power Consumption in
the week ended March "a totaled
4,401, 716,000 kilowatt hours VS.. S4,-
397 ,529 900 in the previous week and
4,409, 159 900 in the same 1914 period
Meat Production by Federally in
spected plants in the week ended
March "a approximated 100000, 00G
pounds VS.. 270,0O0,O0O in the previ-
Gus week and 351 100000 a year ago
the War Meat Board estimated.
Demand Deposits of member
banks in 101 leading cities totaleo
$37, 595 100000 on March 81, drop
of $50,000,O00 from a week earlier
but $4,725 100000 above a year ago
the Federal Reserve Board disclosed
Port of New York Authority
awarded $12,000,000 of general ano
refunding bonds to Blyth & Co. ano
associates on a bid of 1915 for 9
11aSo coupon. Bonds were reoffereo
at par.
Montana Dakota Utilities Co. reg
istered with the SEC s7.500,000 ot
go first mortgage bonds, due 1865
and $2,500,000 of 80 first mortgage
serial bonds, due from 1916 tc
1858, for redemption purposes.
Dewey e. Almy Chemical Co. reg
istered with the SEC $4,000 shares
of s425 cumulative preferred stock
to be offered at 1922. Proceeds will
be used to redeem 80 debentures
and increase working capital
Union Electric Co. of Missouri
was granted an extension from
March % to June % in the maturity
of $4,000, 900 of 112fo promissory
notes issued last June to CONNER
clal banks.
International Detrola Corp. will
acquire control of Rohr Aircraft
Corp. of San Diego, one of the larg-
est aircraft subaSsembly producers
under a stock exchange agreement
Two shares of Detrola will be offered
for three of Rohr.
General Foods Corp. obtained q
s25, 000, 900 loan from an insurance
company and group of banks. useo
S16,293, $50 of IL TO redeem SIS, 000, 00t
of its $3.50 preferred stock and add
ed the balance to general funds.
National Gypsum Co. directors
approved arrangements for a $10,.
$4,000 15-year loan from thres
banks and Mutual Life Insurance
Co. of New York. Proceeds will pt
used to redeem all go debenture.
and provide for postwar expansion.
Shell Union Oil Corp. earned $685.
l63,96l or $2.09 a share in 1874
VS.. $24,542, 556 or $1.82 in 1913.
Skelly Oil Co. net for 1914 wa!
s7222, 1903 or s7.36 VS.. $5,46l, 708 o.
1856 in the previous year.
Sears, RoeDuck e. Co. earned $34,
1911 or $583 in IL months endee
January 81 VS.. $50, 1866 ,087 or $3.50 il
the preceding fiscal period.
Commonwealth g. Southern Corp
and subsidiaries reported profit O
$1l,8l9,16l or $797 preferred shar,
in II months ended February % VS.
$12,070,778 or s8.14 a preferred shar
in the previous year.
Steel Co. of Canada, Ltd, earne,
s4,658, 655 or SCAT on combined par
ticipating preference and ordinar,
shares in 1914 VS.. $4,176,925 or $6.6
on combined shares In 1913.
Hudson Motor Car Co. net TO
1914 was 81 ,698, 1874 or SLOT VS.. 81,
637 ,958 or $1.03 in the previous yeal
West Virginia Coal & Coke Corr
$685., 405 or $1.59 in 1943.
Technicolor, Inc, net for 1914 wa
3858, 156 or IS cents VS.. $1,l03,7 O
s122 in the previous year.
Kimberly Clark Corp. earned 81,
$4,000 or $500 in 1914 VS.. 81. 801 90
or $500 on fewer shares in 1943.