Evening star., 1945-11-15
Business Briefs

Bank Clearings in "a leading cities
totaled $l0,007 SIC, 900 on November
Is. compared with $40 0,325, ,649 900 a
week earlier and S9,379 ,511 900 year
ego, reported Dun & Bradstreet, Inc
Electric Power Consumption rose
to 3,948, ,024, 900 kilowatt hours in the
week ended November 10 VS.. 3,899, :
293 900 in the previous week, but re-
manned 1927 below 1896 ,595 900 q
year ago, the Edison Electric Insti-
tute reported.
Gasoline Stocks of civilian grade
totaled 52,471 900 barrels on Novem-
ber IA VS.. 50.693 900 week earlier
and 38 ,927 900 year ago, the Amer
lean Petroleum Institute announced
Freight Loadings in the week
ended November 10 totaled 838, ,21e
cars, decline of 1.6%o from the
previous week and 0.002% from q
year ago, the Association of Amer
lean Railroads disclosed.
Southern Pacific Co. increased the
quarterly dividend to 81 a share
from rs cents paid previously, pay
able December II.
Mack Trucks, Inc, declared a
year-end dividend of 81 a share
payable December IL. Previous pay
ment was 81 on June Is.
United Corp. asked SEC permis-
sion to reduce authorized common
from $4,000, 900 to 18,261 ,551 shares
and preference stock from 5000, ,00C
to 1,214,700 shares The smaller
totals would be equivalent to
amounts outstanding in each case
National Dairy Products Corp. will
register with the SEC next week
s5O,0O0 900 of new 234go debentures
of 1870 to finance retirement of 3As%
debentures.
Anaconda Copper Mining Co
earned S18, ,051 or $2.l6 share in
8 months ended September 80 VS.
S24,839,914 or $2.86 a year ago.
International Nickel Co. of Can
ada reported profit of $18,977,5 OF
S1.20 in 9 months VS.. 20,022 ,058 OF
S127 in the same 1914 period.
Pacific Gas & Electric Co. earned
$22, ,031 1868 or $217 in IL months
ended September 80 VS.. $23,011 ,870 OF
$233 in the previous year.
American Gas & Electric Co. net
for IL months ended September &c
was S12, ,527 $40 or S2.42 VS.. Sl1,914,-
16l or 1928 in the preceding flscal
period.
Southwestern Bell Telephone Co
earned $12,3 ,394, 1897 in months ended
September 80 VS.. $1l,753,159 a yeal
ago.
Allegheny Corp. reported net in.
come and gains for months of S6,.
1886 VS.. S3,838 1000.
Reynolds Metals Co. profit for {
months was S2,969, 1872 or S2.70 VS.
s3,07S.166 or $2.8l in the same 1944
period.
Briggs Mfg. Co. earned s3,235,84-
OF S166 in months VS.. s4,042, 800 OF
S2.07 a year, ago.
Wesson Oil g. Snowdrift Co. me-
for IL months ended August 81 wa,
s2,e20,281 or $3.50 VS.. S2,491 ,O02 OF
s227 in the preceding fiscal period
Pittston Co. earned $1,571 ,927 o.
$2.32 in 9 months ended Septembel
80 VS.. $948,071 or $124 a year ago.
Atlantic, GuN & West Indies s.
Lines profit for 9 months was ST.,
86,314 VS.. $1,o5l, 1863.
Raybestos- Manhattan, Inc, earnet
$1,022,344 or $1.63 In 9 months VS.
81, ,307 ,628 or $2.08 a year ago.
Reliance Mfg. Co. net for months
was $855 ,999 or 1886 VS.. 1881 ,616 o.
$3.78 in the same 1914 period.
Campbell, Wyant g. Cannon Co
earned $3.50 ,999 or 81 .54 in month.
VS.. $528, 1861 or $l.53 a year ago. Il
Pennsylvania Railroad orderet
156,500 tons of steel rails from
leading steel companies.
Johns-Manville Corp. will spens
81 .000. 900 in expanding its Jarret
tVa.) plant Insulating board out,
put will be increased about 30Ss.
American Potash q Chemica
Corp. elected Frederic vieweg presT
dent to succeed F. G. Baker,