Evening star., 1945-07-22
Business Briefs
GrneraI Rusiness Activitv has


General Business Activity has re-
ceded further, according to the in
dex OF Business Week, which stood
at 22I.6 in the latest week, compared
with 22248 In the previous week,
2236 a month ago and 1850 a year
ago.
Bituminous Coal Output in the
week ended July IA approximated
l2.O9O.O 900 net tons VS.. 8,060 900 in
the previous holiday week and H.
200 900 in the like 1914 week, the
National Coal Association esti-
mated.
Paper Production In the week
ended July IA was 87.3qo of capacity
VS.. 47.99o in the previous week and
87.7q6 a year ago, the American
Paper g. Pulp Association reported.
Lumber Production in 5 months
ended May 81 totaled 1904 ,909 ,0Oc
board feet. a drop OF 9.7To from
year ago, the WPB announced. May
output was 7.4@6 below year ago.
Savings G. Loan Associations and
cooperative banks belonging to the
United States Savings Loan League
reported net receipts OF savings and
investments in the first five months
of l945 were 364o above year ago
and repayments' on loans were up
1927. Loans gained 21.4To.
Federated Department Stores
stockholders approved 125, 5,000-
share common stock option and
purchase plan for executives, an in
crease in authorized preferred from
100. 900 to 100000 shares and equal
voting privileges for preferred hold
erS.
A. M. Castle Co. directors placed
capital stock on 81 so annual OIL
vidend basis, with declaration OF 2
dividends of so cents each, payable
August 10 and March 10. Net for 8
months ended June 80 was s3l8,832
or 81 33 a share VS.. S30l, ,795 or 81 .26
a year ago.
American Power e. Light Co. and
subsidiaries earned sl4, ,498 ,673 or
S8.l8 on combined preferreds IN IL
months ended April 80 VS.. $l4 $780,
767 or s8.44 in the previous year.
Eaton Mfg. Co. net for months
ended June 80 was 81 94l .268 or S2.76
VS.. s1s46 ,989 or $277 in the same
1914 period.
Nash-K Kelvinator Corp. earned ST.
AL .685 or 80 cents in 9 months
ended June 80 VS.. 81 ,228,87 or 81
cents a year ago.
nj. A. Hanna Co. net for months
ended June 80 was 81 .999 ,053 or SIT
VS.. 81 1865, 1852 or sl.50 in the same
1914 period.
American Car e. Foundry Co.
earned s6,335,141 or S7l8 in II
months ended April 80 VS.. SIS ,5sl .83l
or SIS .95 in the previous year.
Consolidation Coal Co. net Tor 3
months ended June 80 was 1862 ,O93
or .35 VS.. 1854 ,546 or $l.38 in the
same 1914 period.
Parme elee Transportation Co.
earned s577 1922 or 80 cents in 6
months ended June 80 VS.. 1903 ,258 or
Sill a year ago.
John X. Thompson Co. net for 6
months ended June 30 was s22l $50
or IS cents VS.. s273 S61 or SO cents in
the same 1914 period.
Budd Wheel Co. earned s436 .331
or A cents in months ended June
30 VS.. $305 $40 or 80 cents a year
ago
Edward G. Budd Mfg. Co. net for
3 months ended June 30 was 1908.
| O45 or 7 cents VS.. 1886. .703 or 2l cents
| in the same 1914 period.
Sidney BlumenthaI & Co. earned
1899 $50 or Sl.55 in months ended
June 80 VS.. s3l0,7l2 or $1.l5 a yeai
ago.
/ Chesapeake & Ohio Railway profit
for months ended June 80 wa:
Sl3,o68 .451 or Sill VS.. sl3.8l9,78l ol
81 80 in the first nalf of 1914.
New York. Chicago & st. Loui'
Railroad net for months ended
| June 80 was Sc $50 OCT or $l8.l6
preferred share VS. S3,554.706 o.
So. So in the same 1914 period. q
Spiegel, Inc. purchased Doris
Heyman Co., which operates homt
/ furnishings stores in Phoenix anC
Tucson. Ariz.
Is Diesel switching engines. 1,00'
will be in the market shortly fol
Is diesel switching engines, 1,o0l
coal cars and 1000 box cars, said
President James B. Hill.
National Broadcasting Co. ap-
pointed William S. Hedges vice pres
ident in charge of planning ano
development.
Worthington Pump & Machinery
Corp. named Harry A. Feldbush
vice president in charge of engi-
ineering.