Evening star., 1946-02-18
Business Briefs

wholesale BUSINESS IA Lne last
week was about even with the pre-
vious week and slightly above year
ago. reported Dun & Bradstreet,
Inc. Demand for Staple orders in
creased. Available stocks remained
limited Food volume continued at
high levels.
Southern Pacific Railroad received
high bid of 1882 for s50,000,000 of
"a % bonds, due 1896, from a group
headed by Halsey, Stuart & Co. Re-
offering was made later at 100.
Maxson Food Systems, Inc, reg
istered with the SEC ATS 900 shares
of 50-cent convertible no par value
preferred stock, part of which will
be offered holders of w. L. Maxson
Corp. capital stock at the rate of 2
new shares for each share held.
Checker Cab Mfg. Co. stockholders
will vote March 10 on a proposed
4-for-1 split in common stock.
United States Realty & Improve
ment Co. stockholders approved the
trustees plan of reorganization.
Owens-Illinois Glass Co. earned
s8,793,807 or $3.50 a share in 1945
vs.. S8,135,355 or $306 in the pre-
Yious year.
Westinghouse Air Brake Co. profit
for 1945 was S4,125,O89 or $130 vs.
s5.330,252 or $168 in 1914
Household Finance Corp. earned
S4,85l 948 or S196 a share in 1945
IS. S4.735 688 or SLIT in the previous
year
Ely e. Walker Dry Goods Co. prof
it for II months ended November
80 was S2.939 ,306 or $6.42 VS.. ST $685.
986 or S315 in the preceding fiscal
period.
General Baking Co. earned ST.
879,759 or 76 cents in 50 weeks ended
December % VS.. ST, ,792, 1876 or II cents
in the previous So weeks.
Union Bag g. Paper Corp. net for
1945 was $1,646,467 or S130 VS.. ST.
584,013 or SIPS in 1874
Foote Bros. Gear & Machine Corp.
profit for u months ended october
81 was $703,781 VS.. $1034, ,534 in the
preceding fiscal period.
New York Air Brake Co. earned
s590,944 or 1928 in 1945 VS.. SITS, ,756
or $3.01 in the previous year
Piper Aircraft Corp. profit for II
months ended September 80 was
S143,152 or 81 cents VS.. $277,0O0 or
A cents in the preceding fiscal Pc
riod.
Sullivan Machinery Co. declared a
dividend of Is cents a common
share, payable March 9. Previous
quarterly payments were 371a cents.
Atlas Corp. called for retirement
on April all of 243,711 preferred
shares at SIS plus dividends.
American Rolling Mill Co. signed
contract with its independent en-
ployes' union at Butler, Pa, for a
wage increase of 1872 cents an hour.
retroactive to January l. The plant
was not affected by the CIO steel
strike.
Home Life Insurance Co. of New
York reported assets at the end of
1945 totaled $l67.610,335 VS.. $154,-
055, ,403 year earlier.
Curtis Publishing Co. reported
advance subscriptions for its new
magazine Holiday are exceeding ex-
pectations.
Kroger Grocery & Baking Co.
stockholders will be asked to ap-
prove a change in name to Kroger
Co. at the annual meeting.
Columbia Gas e. Electric Corn.
was granted six months extern
sion on an SEC order to divest
itself of interest in certain COM
panies, and an extension to Deem
ber 81 to restore its special capital
surplus account to the common
capital stock account.
Baltimore g. Ohio Railroad load
ings in the week ended February 1e
totaled 5000 cars VS.. 71,275 a year
ago.
John Hancock Mutual Life Insur-
ance Co. elected as directors John
M. Hancock and Charles j. Diman.
Rockwell Mfg. Co. elected A. j..
Kerr vice president in charge of
sales.