Evening star., 1945-05-17
Business Briefs

Bank Clearings in "a leading cities
rose to $l1, 1,025 040,0 in the week
ended May 16 VS.. S10,590, ,974 900 in
the previous week and were 19%
above S9,265 1892 900 in the like 1914
week. reported Dun & Bradstreet
Inc.
Freight Ioadings in the week end
cd May II totaled 836,507 cars, a
drop of 2.9eo from the previous week
and $50 below a year ago. the AS
ociation of American Railroad an
nounced.
Manufacturers Shipments ir
March set a new record of S14,200..
100000, gain of SO over a yeal
ago, the Commerce Department es-
tlmated. Shipments in the first
quarter were 4oo above a year ago
Securities Marketed Today in.
GUIDED: $4,000 shares OF Northlanc
Greyhound Lines 334 % cumulative
preferred at 100; 100000 common
shares of Mobile Gas Service Corp
at II.
Real Silk Hosiery Mills declared q
dividend of SIS a share on arrear-
ages on the TO cumulative pre-.
ferred stock, payable July l. Aftel
payment, accumulations will total
$40 share.
Alton Railroad reorganization
plan was filed with the ICC by the
Kansas City, ST. Louis & Chicago
Railroad. It calls for a capitaliza-
ton of S66,963, $780, A hearing has
been scheduled at Chicago May %.
opI
aries reported profit of 81, AIS, ,406 OF
S132 share in the March quarter
VS.. S9l9,296 or 83 cents in the same
1914 period.
International Nickel Co. earned
$7,343 ,146 or AZ cents in the quarter
VS.. s6,905 ,594 or A cents a year ago
Caterpillar Tractor Co. net for 4
months ended April 30 was S2,81O,097
or S149 VS.. S2,546, $50 or $1.35 in the
same 1914 period.
Park e. Tilford, Inc, profit for
the March quarter was S446.651 or
SLIT VS.. s319,O46 or SIPS in the
same period last year.
bestos-Manhattan Inc. earned
s332,113 or SO cents in the quarter VS.
S49l 1923 or 78 cents year ago.
Pressed Steel Car Co. net for the
quarter was 317.792 or 36 cents VS.
s517,960 or Sd cents in the same
1914 period.
Glidden Co. earned $1,083,3l5 or
s1.04 in 6 months ended April 80 VS..
s019,o07 or u cents a year ago.
Campbell, Wyant g. Cannon Foun-
dry Co. net for the March quarter
was Sl97, ,197 or 81 cents VS.. Sl99, 1882
or So cents in the same 1914 period
Niagara Hudson Power Corp
earned $1,964 ,042 or 10 cents in the
March quarter VS.. $l,760,608 or 6
cents year ago.
Detroit Edison Co. net for Il
months ended April 80 was Sc, ,407 ATT
or $101 common share VS.. $685.
995 or $135 in the previous year.
Continental Motors Corp. earned
s5,653,473 or $1.95 in IL months
ended October 81 VS.. $5,185 800 OF
SITS in the preceding fiscal period
United Light & Railway Co. profit
for 1914 was $5,836, ,010 or 1854 VS.
S5,913,439 or $666 in the previous
year.
New York Central Railroad Co
cut its capital obligations to $685.
180,288 at the end of 1914 VS.. $891,-
967,062 a year earlier. The reduc-
ton since 1882 has been 22.6go.
Texas Power g. Light Co. plan tc
issue s31, ,500,O00 of first mortgage
bonds was approved by the SEC.
L. Bamberger g. Co. elected John
G. Williams president. He has been
acting president.
Texas e. Pacific Railway elected
William G. Vollmer president to
succeed J. L. Lancaster, who be-
came board chairman.
Bendix Helicopter, Inc, elected
Claire L. Barnes president to sue
ceed the late Vincent Bendix.
Baltimore g. Ohio Railroad ap-
pointed Walter G. Carl manager OF
labor relations.