Evening star., 1945-09-28
Business Briefs

Retail Trade in the last week was
slightly ahead of the previous week
and averaged 10 to So above a
year ago. despite growing unem-
ployment and rainy weather in some
sections, reported Dun g. Brad
street, Inc.
Money in Circulation declined tx
S27. .729 100000 on September 26, a
drop of s48,000,00O from a week
earlier, but remained s4,071 900 ,00i
above year ago. the Federal Re.
serve Board announced.
General PlywOOd Corp. registered
with the SEC 5,591 shares of 81
par value common stock to be Of.
fered publicly at SIS to increase
working capital.
De Vilbiss Co. declared a divi-
dend of s1.50 a common share, pay.
able October Is. Payments of 2;
cents were made in July and April
Gillette Safety Razor Co. declared
quarterly dividend Of Is cents q
common share, payable October 25
The firm paid 20 cents previously
National Distillers Products Corp.
which has held 1870 of common
stock of Glencoe Distillery Co. fol
two years, has purchased the rest
OF the stock and will operate the
Louisville distillery under its owr
name
Bendix Aviation Corp. profit fol
. months ended June 80 was Sl0..
376,643 or s4eo VS.. s12,15e,4s6 OF
s5.74 in the same 1914 period
Eastern Gas e. Fuel Associates
earned $3,454,282 in IL months ended
August 81 VS.. 1926, 1874 in the pre-
vious year.
Gimbel Brothers, Inc, profit for 6
months ended July 81 was 81 ,93o, 500
a share VS.. $1,508,173 or SO cents in
the same 1914 period.
Eversharp, Inc, earned $602 ,49l in
the first half of 1945 VS.. 1858 a
year ago.
Mueller Brass Co. net for
months ended August 81 was S749,-
900 or $2.82 VS.. $786,547 or s2.96 in
the same 1914 period
National Power e. Light Co. and
subsidiaries earned $4248,04l or 78
cents in II months ended June 80
VS.. S3,9S9 ,2ol or 73 cents in the pre-
vious year
Virginian Railway reported net
income of $5,6l6,919 for 8 months
ended August 81 VS.. 81 ,481,5 year
ago. Gross was $40 ,366,651 VS.. s19,-
e5s,174.
Continental Motors Corp. has un-
fllled orders on hand for more than
Sl10,0O0,000 worth of engines and
parts.
Aviation Corp. will enter the farm
machinery field by purchasing more
than 500 of 272,OO0 outstanding
shares Of New Idea, Inc, at $50 a
share.
United Air Lines reported express
ton-miles for August totaled 40l ,059,
4 gain of loeo from year ago.
international Telephone l. Tele-
graph Co. announced DEVELOPMENT
OF a revolutionary method of radio
telephony which it said was capable
of making possible a Nationwide
long-distance telephone system
without wires.
Commercial Credit Co. called for
prepayment on November q of
$50, ,000, 900 of 2A% unsecured notes,
due 1949, plus accrued interest and
. premium Of .75To.
Westvaco Chlorine Products Co
called for redemption on November
z its $3.50 cumulative preferred at
sl08.6375 share and its $425 Gu
mulative preferred at $l06. 1928.
Texas 4 Pacific Railway called for
redemption on December l its gen.
eral and refunding So series D
bonds, due 1880, at $105 share.
Chesapeake & Ohio Railway in
stalled centralized traffic control or
30 miles of track between Orange
and Charlottesville, Va.
Morris Plan Corp. elected Col. Eli
lery C. Huntington. jr., president
and David M. Milton chairman OF
the Executive Committee.