Evening star., 1945-03-23
Business Briefs

Living Costs for the average fam
lily Of wage earuers ana lower
salaried clerical workers In Febru-
ary were DO below a month earlier,
but 1870 above year ago, the In
dustrial Conference Board esti-
mated.
. Weekly Earnings Of wage earners
averaged 5000 in January. an all
time peak, the Conference Board
also reported. Real weekly earn
ings, adjusted for changes in living
costs, were 1870 above the previous
month, so above year earlier and
35.1eo above January, 1941, base pc
riod of the Little Steel formula.
Money m Circulation totaled $685.
1886, ,000, 900 March 81, a decline OF
S45, ,000, 900 from a week earlier. but
81, 4,902 ,000, 900, above a year ago, the
Federal Reserve Board disclosed.
Consolidated Film Industries
stockholders were told directors are
. considering recapitalization plan
that would eliminate preferred divi-
dend arrears amounting to $l225 a
share on April /.
80 Net Railway Earnings for two
snaonths Of 1945 and a year ago:
Union Pacific System, $5,216,084 VS.
s5,2o4 ,7s5; Nickel Plate, $1,325 ,9ss
VS.. $1,120,151: Texas e. Pacific, 1866.
361 VS.. $630,374; Bangor & Aroos-
took, $180,233 VS.. $3.50, ,63S.
Sterling Drug, Inc, earned 1921,
ISL or $4.35 in 1914 VS.. $7,806,313 OF
s445 in 1943.
! Parke Davis e. Co. profit for 1914
vas $7,607, 7,079 or $155 VS.. 1925, 1877
or ST. .68 in the previous year.
Pepsi-Cola Co. earned $5,871 ,544 OF
81 OF in 1914 VS.. Sc, Al ,518 or Slip in
1913.
! lgate-PaImolive-Peet Co. profit
for 1914 was $1,000, ,483 or $3.50 VS.
$6,616,969 or 1910 in the previous
year.
Arkansas Natural Gas Corp.
earned $3,512,075 in 1914 VS.. $2,813,-
$50 in 1943.
Eastern Gas & Fuel Associates
Inc, net for II months ended Jan
aary 81 was $3,154,216 or $5.47 on
second preferred stock VS.. 1904, sec
Or $5.17 . second preferred share in
the previous year. =
! General Cable Corp. earned $2,-
a95,54D or $14.63 a preferred share
in 1874 VS.. $2,078,ll6 or $13.85 a pre-
aerred share in 1913.
| Best & Co. profit for II months
ended January 81 was $1,115,570 OF
S3.27 1E. $1,225,572 or 500 in the
prscedA Ag fiscal period.
A. e. StaIey Mfg. Co. earned ST.
599, ,337 or 1872 in 1914 VS.. 81 ,862. :
355 or 1884 In 1913.
Copperweld Steel Co. net for 1914.
was $s24,707 or $1.62 VS.. $I,052 ,2o'
or $1.S5 In the previous year.
Dennfson Mfg. Co. earned $76O, "A;
or $1.29 In 1914 VS.. $711,3s7 or tl.1.
in 1943.
Stromberg Carlson Co. net fol
1914 was $50, ,607 or $297 vs.. $726,.
BIS or $25l In the previous year.
Schi6 CO. earned $587, ,136 or g. 2;
In 1914 vs.. $47S, ,3o2 or $2.os in 1913
Vulcan Detinning C. net for 1874
was $454.637 or $ll.26 VS.. $4ls. .72s o.
$11.08 In the previous year.
! Packard Motor Car C. will include
research In gas turbins and Jet pro.
pulsion engines in its aircraft engin.
development program, said Arthur
Mutt, aircraft engineering director
Eastern Shore Public Service CO
sale of facilities in Calvert, st
Marys, Charles and Prince Georges
Counties to the Southern Maryland
Electric Cooperative, Inc, for $780,.
D00 was approved by the Marylane
Public Service Commission.
Underwood Elliott Fischer CO
t4ekholders voted to change thu
MSm's name to Underwood Corp.
t33nited Air Lines appointed
Charles F. McErlean assistant t(
TIE president. He was with NLRE
30Es8 years.
1&eAnaerican Airlines appointed I. C
McInnis director of operation re.
search.