Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-01-02
Business Briefs
Residential Building reached


high level since April, 1912, in No.
vember when contracts in 81 States
east OF the Rocky Mountains were
awarded for 1883 new dwelling
units to cost ST., SIT 900, the F. w.
Dodge Corp. announced. Only 10
OF the total represented public
housing. All construction totaled
s370,087 900, a gain of ITO from the
previous month and 124qo above a
year ago.
State of Arkansas Offering of S4,-
100000 highway refunding bonds was
marketed by Bank of America Ma
tional Trust & Savings Association,
Ira Haupt g. Co. and associates.
Victor Chemical Works registered
with the SEC $4,000 shares of 500
par value cumulative preferred
stock, Part of the proceeds will be
used to build new electric furnace
plant near Florida phosphate rock
deposits.
Celanese Corp. stockholders will
vote February :. on proposed merger
with TubiZe Rayon Corp. Tubize
holders will vote February 6.
Burlington Mills Corp. stockhold-
ers will vote January Is on a plan
to authorize $4,000 more shares of
cumulative preferred stock, par
value 500, AID 900 shares of Sec
ond preferred, par value 500.
McCord Corp. called for redemp-
ton on February l all 15-year sink
ing fund SO debentures of McCord
Radiator & Mig. Co., its predecessor,
at 101 and interest
WHY'S Overland Motors, Inc, prof.
it for II months ended September
80 was $2,711, 1922 or $114 share VS..
1885 sos or $164 in the preceding
fiscal period.
Glidden Co. earned s2,347,643 or
$213 in IL months ended october
81 VS.. $2,117,288 or SOP in the pre-
vious year.
A. o. Smith Corp. profit for 3
months ended october 81 was $128,-
Isl or Is cents vs. $1,386 ,534 or $2.78
in the same 1914 period.
Seiberling Rubber Co. earned
$504,882 in IL months ended october
81 VS.. $510,l45 in the previous year.
Mid Continent Airlines, Inc, profit
for November was $29,014, after pro-
vision for income taxes, VS.. S6,705 in
the same 1914 month. The line car
Tied 17,49l passengers, a gain of
1890 from year ago.
Sun Oil Co. and Houdry Process
Co. announced plans for construction
of plants to produce in substantial
quantities Carbon Is, a rare mate
rial used in biochemical research.
Transcontinental s. Western Air,
Inc, reported 45,216,638 revenue pas
senger miles Tor November, jump
of 44% from year ago.
Northwestern National Life In
surance Co. reported all farms
among it's holdings had been sold
in 1945. Assets rose to S126, 1862 ,632,
a gain of more than $4,000, 900 from
a year earlier.
Shamrock Oil & Gas Corp. trans
ferred $1,000 acres of rich Texas
Panhandle gas leases to reserves of
Panhandle Eastern Pipe Line Co.
Mack International Motor Truck
Corp. has enough truck orders to
keep plants busy for months and
eApcCtS peak prOQuCJloH diCcT tlat,
said George w. Borthwick, vice
president.
Tennessee Coal, Iron & Railroad
Co. established Birmingham as bas-
ing point on sales on tin mill prod
ucts. The city has been a base
point for most other steel products
for years.
Baltimore e. Ohio Railroad car
loadings in the week ended Deem
Der 20 totaled 1851 cars vs. So, 34S
in the previous week and 51,764 a
year ago.
American Bridge Co. elected
Charles w. Doerr vice president In
charge of erection to succeed Cur
It's S. Gardner, who is retiring after
b0 years service.