Evening star., 1945-11-28
Business Briefs

Electric Power Consumption de-
clined to 3.841 $4,000 kiloWatt hours
in the holiday week ended Novem-
Der "a VS.. 1884, sos, 900 in the previ-
Gus full week and was l21eo below
1853 SIG, 900 a year ago, the Edison
Electric Institute announced.
Demand Deposits of member
banks in l01 leading cities totaled
500 ,805 100000 on November 81, a
gain of S304 100000 from a. week
earlier ane $636,0O0,0 900 above year
ago, reported the Federal Reserve
Board :
Westinghouse Electric Corp. re-
ceived 9,573 ,246 of new orders in
October and 893o of them were for
civilians. President G. H. Bucher
said survey indicated the firm
could sell its products to the limit
of its capacity in the coming year
Pan American World Always or
dered 20 Boeing Stratocruisers, the
65-ton, S0-passenger commercial all
transport development of the Boe-
ing B-2as superfortress, for delivery
starting IN November, 1916. They
will cost more than $25,000,000.
Colonial .Airlines ordered 20 new
40-passenger Glenn L. Martin 202
airliners costing around $4,000, ,000.
United Aircraft Corp. announced
its Pratt & Whitney divisions new
Wasp Major radial engine would be
the most powerful aircraft engine
and would be used in at least Is
civil and military planes.
United World Pictures Co. was
formed in New York to distribute
American and British films. 1t will
be jointly owned by Leo Spitz and
William Goetz of International Pic
lures Co., the ]. Arthur Rank inter-
ests of Great Britain and Universal
Pictures Co.
Gillette Safety Razor Co. declared
an extra of IS cents, payable De-
cember %, and a regular quarterly
dividend of 25 cents, payable jan
uary 25, lifting 1945 dividends to
$1.25 VS.. 81 last year.
International Salt Co. declared a
payable December %, raising 1945
payments to $3.50 VS.. So in 1914.
Tobacco Products Export Corp.
declared dividend of 40 cents a
share, first payment since 1941, pay
able January IS.
American Bank Note Co. declared
a dividend of Is cents, payable Jan
uary 2, and yearend dividend of
25 cents, payable December %. Pre-
vlouS quarterly payments were 20
cents and yearend payment of 20
cents was made in 1914.
Lone Star Cement Corp. declared
a year-end dividend of rs cents and
the regular quarterly of 371a cents
both payable December l. A year
end dividend of 25 cents was paid
in 1914
American Smelling e. Refining
Co. declared year-end dividend of
so cents common share, payable
December %, lifting 1945 payments
to $3.50 VS.. $2-25 last year.
American Locomotive Co. declared
regular dividend of IS cents and q
year-end dividend of Is cents, both
payable January l, raising 1945 pay
ments to $l65 VS.. $l.30 last year.
Eastern Air Lines, Inc, earned
l,375, ,l64 or $3.50 a share in 9
months ended September 80 VS.
$72l ,684 or $l.21fa year ago.
Cuban Atlantic Sugar Co. net for
II months ended September 80 was
$2,289,227 or $3.14 VS., $3,724,514 or
$50 in the preceding year.
Brewing Corp. of America profit
for IL months ended September 80
was 1891, ,1O6 VS.. $76s, ,009 in the pre-
ceding fiscai period.
Atchison, Topeka e. Santa Fe
Railroad freight volume is under
abnormal tonnage of last year, but
by all other standards is at high
levels, President F. G. Gurley said.