Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-03-02
Business Briefs

Pre-Easter Buying lifted retail
volumes moderately above the pre-.
Elous week ard a year ago in the
last week, Duh & Bradstreet, Inc.
announced. Average gain over q
year ago was R% to 16%o. Demand
was brisk, but low stocks hampereo
sales.
Money in Circulation rose to a
new peak of SEE, 750, 900 900 on Feb
ruary %, gain of $98,00000 from
a week earlier, $457 900 900 above a
month earlier and $4,927 900 900
above a year ago, the Federal Re-
serve Board reported.
Virginia Electric g. Power Co,
accepted these high bids for transit
properties: S611, 500 for Portsmouth
system, A. c. Allyn & Co. and Equi-
table Securities Corp; $685., 900 for
Newport News, Galleher & Co.
Richmond; $4,000 for Petersburg
Bankers National Investment Corp.
$751; 100 for the Richmond-Peters
burg interurban, Carolina Coach Co.
Safeway Stores, Inc, stockholders
will vote April 10 on a plan to split
common stock 3 for l.
National Tea Co. profit of $1,O66.
663 or $1.59 share for 1914 VS.. 1851 ;,
1872 or a. cents in 1913 answers criti
cism of his policies, reported Boare
Chairman John McKinlay, who ha.
announced he will resign by Marcel
81. President Robert V. Rasmussen
declared the McKinlay figures wer'
not official: that directors would de.
eide the form and content of tn,
company report.
Associated Gas g. Electric Co
asked SEC permission to lend So.
100000 to Manila Electric Co. to re-
habilitate electric, street railwa,
and bus service in battle-scarree
Manila.
Ohio Edison Co. filed with the
SEC a plan to refund $26,089 900 of
81 % bonds by issuing like amount
of 3-year bonds.
Pittsburgh Coal Co. and Consoli-
dation Coal Co. announced a ten.
tative merger agreement, subject te
approval by the Justice Depart
ment.
General Electric Co. earned $780,
846,000 or Sits a share in 1914 VS.
$44 1923 900 or $156 in 1913.
Commercial Credit Co. net TO,
1914 was $5,672, 795 or $2.79 VS.. S.
357 $40 or $3.17 in the previous year
American Chicle Co. earned &c..
815,478 or $3.50 in 1914 VS.. $2,9e0, 5Of
or $3.50 in 1913.
Newmont Mining Corp. net 10
1914 was 81 1894 1897 or $1.50 VS.. 81
551, TAG or $1.46 in the previous year
International Silver Co. earned
$1,451 1854 or $12.07 in 1914 VS.. 1,O20.
245 or $7.35 in 1943.
Flintk0te Co. net for 1914 was 81,
ATT, 1894 or $1.38 VS.. 81, Isl, 276 or 81 S
in the previous year.
Allegheny Corp. reported incom
and gains Of s4,937,67 for 1914 VS.
$2,780,361 in 1913.
United States Plywood Corp. ne
for 9 months ended January 81 wa
$685., 200 or $2.73 VS.. $634, 800 or $1.9
a year ago.
Truax-Traer Coal Co. earne
1927 $40 or $1.89 in 9 months ende,
January 81 VS.. $914,545 or $1.87
year ago.
Kalamazoo Stove g. Furnace c.
net for 1914 was $603, 844 or $2.0l v,
$456, 1873 or $1.52 in the precedin
year.
Dewey. g. Amy Chemical C,
earned $3.50, BOT or $1.89 in 1914 v.
$500, 003 or $1.88 In 1913.
Baltimore Transit Co. net for Jan
uary was $102, 687 VS.. $45,711 q yea
ago. Gross was $3.50, 100 VS.. $501 so:
Newport News Shipbuilding 4
Dtydock Co. handled new ship con
struction costing $126,123, 900 il
1914 VS.. $144,847 900 in 1913. Re
pairs and conversions totaled Sc,
627, 900 VS.. 1891 900.
Pennroad Corp. and Pennsylyani,
Railroad settled suit brought b,
two stockholders to recover alleRe.
losses Of sos .000, 900 for SIS, GOO, 6OC
subject to court approval.