Evening star., 1945-02-21
Business Briefs

Electric Power Consumption de-
clined to 4.472 ,298 900 kilowatt hours
in the week ended February II,
compared with 4,505 ,269,0 in the
previous week and ASH ,562, 900 in
the like 1914 week, the Edison Ell
ectric Institute announced.
Demand Deposits of member banks
in 101 leading cities totaled $780,
282, 100000 on February IA, a gain
of s248,000,000 from week earlier
and Salts, 900 900 above year ago,
the Federal Reserve Board reported.
Meat Production in Federally in
spected plants totaled 294, 1000 600
pounds in the week ended February
II VS.. 291 100000 in the previous
week and 391 100000 in the like
1874 week, the War Meat Board es-
timated.
Record Crude Oil Production of
5,1l8,760 barrels daily was recon-
mended for March by the PAW.
Previous record was the 4,756, 300
barrels a day for February.
Iron Ore Stocks in the United
States and Canada on February
totaled 30,888,596 gross tons VS.. ST.
823,876 month earlier and 36,059,-
302 year ago, the Lake superior
Iron Ore Association revealed
American Telephone g. Telegraph
Co. declared the usual $2.25 dividend
OF, capital stock, payable April 16
More than $43.620,000 will be paid
on around 1887 400 shares held by
about $4,000 investors
Ifh 4, Snnfhern Corn
earned S11,523,446 or $7.77 a pre-
ferred share in 1914 VS.. $12, ,323, ,221
or 1881 in 1943.
Peoples Gas Light & Coke Co.
profit for 1914 was SO ,064, ,877 or $4.67
capital share VS.. %, ,685 1888 or 1852
in 1943.
Detroit Edison Co. earned 1924
$40 or SO cents in 1914 VS.. $3.50 ,955
or $1.39 in the previous year.
Lehigh Valley Coal Corp. net for
1914 was $1,859,447 or $8.11 a pre-
ferred share VS.. $1,133,601 or IS in
1943.
Checker Cab Mfg. Co. earned
s130,369 or 81 20 in 1914 VS.. S308, 1893
or 1924 in 1943.
Lion Oil Refining Co. net for 1914
WdS 6l.fOf,OfO VI 8C.Of VS. S1 ,0t 900
or s3.17 in the previous year.
Breeze Corps, Inc. earned ST.
c45,775 or $478 in 1914 VS.. 81 ,O84 237
or SALT in 1943.
Loew's, Inc, reported profit of
S14,517,256 or 1851 in IL months
ended August 81 VS.. $13,422, 1853 or
S8.0l in the preceding fiscal period.
Universal Match Corp. profit in
1914 was $653,814 or $4.73, not in
Gliding net of around $l02, 900 on
operations of Schutter Co., of which
Universal acquired control late in
the year.
for January was S2,051, ,167 on a
gross of $16,792,807 VS.. So, 1923, las on
$F,500, ,422 a year ago.
Metropolitan Life Insurance Co.
issued $1,000, ,042, ,459 worth of life
insurance in 1914. raising the COM
pany's total in force above $50 ,000,-
100000 for the first time.
Atlas Corp. assets at the end of
1914 amounted to $2198 a common
share VS.. $19.01 a'year earlier, while
cash and Government securities to-
tailed $25,2l0,176 VS.. $10,3l3,444
American Stores Co. sales. for
January totaled $19,866, ,095, de-
cline Of l.89o from a year ago.
Delay Stores. Inc, stockholders
will vote March IL on a plan to
solit common stock for /.
National Gypsum Co. purchased
the limestone deposit of Kimbalton
4 Lime Co., near Bluefield, Va.
Bethlehem Steel Co. acquired all
stock of Petroleum Equipment Co
and Petroleum Equipment Interna-
tional and will operate them as SUBJ
si6iaries.
Air Traffic Conference OF Amer
icA elected Ray Bell, public relations
director Of Pennsylvania Central
Airlines, as chairman of its Publicity
Committee.