Evening star., 1946-02-24
Business Briefs

Retail Trade in the last week was
moderately above the preceding
week and averaged 10o to 149o
above a year ago, reported Dun g.
Bradstreet, Inc. Buying was brisk
in foods, spring apparel and home
furnishings.
Money in Circulation declined to
$27 ,955 100000 on February 20, a
drop of $12,000,O00 from week
earlier, but $2,303, ,00O,O 900 above a
year ago, the Federal Reserve Board
announced.
Automobile Production in the
United States and Canada included
19,700 cars, trucks and buses last
week VS.. 81 ,555 in the previous week
according to Wards Automotive
Reports.
Paper Output in the week ended
February 16 was at $50 of capacity
VS.. 99.7To in the preceding week and
91% in the like 1945 week, the
American Paper & Pulp Associa-
ton disclosed.
Freight Traffic handled by class
I railroads in January approx
mated 10000 100000 on-miles, a
drop of 10 from year ago, about
1870 below the same 1914 month
and nearly double the 1899 month,
the Association of American Rail-
roads estimated.
Railway Net Incomes for January
and year ago included: Union Pa
cific System, $2,242 SAT VS.. $2,874,867
New York, Chicago & st. Louis
$349, ,798 VS.. $614,921.
Gulf, Mobile G. Ohio Railroad
stockholders will vote April or
proposed purchase of the Alton
Railroad. Merger Of the lines would
open a continuous line from the
Great Lakes to the Gulf of Mexico
Glen L. Martin Co. changed from
semi-annual to quarterly dividends
with the declaration of a quarterly
payment of rs cents a share, due
March 18.
Hudson Motor Car Co. is produc-
ing 400 passenger cars day, despite
supply difficulties. A second as
sembly line was opened February 49,
Chrysler Corp. announced it's De
Soto division is producing new
models embracing many engineer
ing changes, including a new fluid
drive transmission, new hydraulic
brakes, smaller wheels Of the safety
rim type and a self-cleaning gaso-
line filter.
Texas Gulf Producing Co. and
Bradley Petroleum Corp. purchased
all stock of Ohio Fuel Supply Co.
of Oklahoma City on a bid of 81
651 lilo. The sale included more
than 100000 acres in virtually all
larger producing areas.
National Biscuit Co. earned $1O,-
508,448 or $139 a share in 1945 VS..
s10,478,851 or $139 in the previous
year.
Commonwealth g. Southern Corp,
and subsidiaries reported profit for
IL months ended January 81 was
SIG ,536,437 or S1116 a preferred
share VS.. $13 3,960,317 or $9.42 in the
preceding fiscal period.
Detroit Edison Co. earned $780,
404 or $1.24 a common share in IL
months ended January 81 VS.. So
481 ,730 or $1.02 in the previous year.
Baltimore & Ohio Railroad net
for 1945 was s15,901 ,401 VS.. S209l4,-
438 in 1914. A deficit of $4,O89 .64l
was shown for December.
Youngstown Sheet & Tube Co.
profit for 1945 was $7,512,250 or $500
VS.. $7,944, ,921 or s425 in 1914.
Merck g. Co. earned S2,283 $40 or
sl.80 in 1945 VS.. $2,242 ,10S or SITS
in the previous year.
Bayuk Cigars, Inc, profit for 1945
was 81 ,353,715 or $344 VS.. $l,245, ,733
or $3.17 in 1914.
Johnson e. johnson, Inc, esti-
mated net for 1945 was $4,000 900 or
$2.9s VS.. $3,028, ,049 or 1922 in 1914.
North American Oil Consolidated,
Inc, earned s908,712 or 1894 in
1945 VS.. $380,5l5 or s1.40 in the pre-
vious year.
Northwest Airlines profit for 3
months ended December 81 was
$2l6, ,602 or 40 cents VS.. S171.548 or
48 cents on fewer shares in the same
1914 period.
Foremost Diaries, Inc, earned
1929 $50 or $140 in 1945 VS.. $279,-
693 or 68 cents in the previous year
Automobile Manufacturers As
sOciation received the resignation of
Alvan Macauley as president, a post
he has held since 1928.
Housing Trends, Inc, elected Earl
S. Draper president. He was for
merly Deputy Commissioner of the
FILA.