Evening star., 1945-05-25
Business Briefs
Retail Trade in the last wee

Retail Trade in the last week de-
clined slightly below the preceding
week. but averaged unchanged to
~, above a year ago, reported Dun
Il Bradstreet. Inc Women's cotton
Sportswear. summer cosmetics, play
shoes and some household equip
ment were in brisk demand.
A New Radio Telegraph System
York and London by ret Com
munications. Inc, can handle 488
words a minute each way by en-
ploying 8 channels simultaneously
Gold Stocks declined s80,000,0 900 in
he week ended Wednesday and
food at s20,27l 900 900 on that day
4 drop of s1053. 100000 from a year
ago, the Federal Reserve Board an
nounced. Money in circulation to-
taled S26 ,399 100000, a further gain
of s27,000,000 from a week earlier
and 81, 4,488, ,000,0 above a year ago
Gulf, Mobile & Ohio Railroad an
nounced all principal parties to its
merger of the Alton Railroad had
reached an agreement. The B. g. O.
will surrender all claims except for
stock of leased lines which the
Alton owns. An ICC hearing has
been set for June 13 in Washington.
Caterpillar Tractor Co. declared a
dividend of IS cents a common
share. payable August 81 The firm
paid so cents in previous quarters.
General Motors Corp. announced
rs Chevrolet division would con.
Struct new 5-unit plant on 100
'cie site at Flint, Mich, and expand
lrcSent manufacturing operations
: soon rs wartime regulat ations
permit.
PENNSYLVANIA Railroad net income
tor April was S9.397 .623 VS.. $3.50. .307
\ year ago; for months, S32.828. .554
vs. S33133.16S.
Union Pacific Railroad system
earned s1l,440,666 or s455 a share
in 4 months ended April 80 VS.. s10,-
2l9,80l or 81 a year ago.
Twentieth Century Fox Film
Corp. and all subsidiaries reported
consolidated profit of S2,855, ,485 or
81 33 in the March quarter VS.. So
1856 1902 or sl.57 in the same 1914
period.
Radio Keith Orpheum Corp
earned s5,2O6.37S or ST Sc in 1914 VS.
S6964,005 or S216 in 1943.
Eastern Gas e. Fuel Associates
profit for II months ended April sc
was S3,424,434 or S619 on second
preferred stock VS.. s3,056,212 or s5.2l
second preferred share in the pre-
vious year.
Federated Department Stores
earned S2,664,806 or $3.50 in SIX
months ended February % VS.. s2,.
3l6,730 or $2.16 year earlier.
United Carbon Co. net for the
March quarter was $496,958 or s1.2s
VS.. 1884. .730 or $l.34 in the same 1914
period.
Micromatic Hone Corp. earned
S3l6,044 or $2.05 in nine months
ended April 30 VS.. $338, 8,228 or $2.6:
year ago.
Transcontinental & Western Air
Inc, reported April passenger mile.
totaled 40,7sl,l32, gain of 81R
from a year ago. Express pound.
miles were up 1927 and mail pound.
miles were 1887 higher. Gain!
over a year ago in 4 months were
passengers. 58%; mail. 91%; ex.
press, 1870.
Standard Knitting Mills of Knox.
vile notified customers it coulo
make no more shipments of civilian
underwear after June because the
OPA order effective on that date
made shipments impossible except
at definite loss.
United States Industrial Chemi-
Gals, Inc, will merge the assets and
business of Dodge e. Olcott Co. OF
Bayonne, N. j.. effective June /.
Kroger Grocery e. Baking Co
purchased the Cook Packing Co. OF
SCOTS Bluff, Nebr.
American Iron e. Steel Institute
elected to the board w. P. Snyder
jr., chairman of Crucible Steel Co.
and Charles M. White. president oi
Republic Steel Corp.