Evening star., 1946-02-27
Business Briefs

DculdHu DtpOSltS Oh MEMBER
banks in 101 leading cities totaled
$37,687, 900, 900 on February 20, a
gain of $145,0000 from week
earlier and s1,O52 100000 above a
year ago. the Federal Reserve
Board reported.
Electric Power CONSUMPTION de-
clined to 1922, ,796 900 kilowatt hours
in the holiday week ended Febru-
airy % VS.. 3,948 $1,000 in the pre-
cading full week and 4,473 1862 900 in
the like 1945 week, the Edison Elec-
trio Institute announced.
Wartime Profits of the auto in
dustry average 2.98qc of sales, COM
pared with 8.25eo in 1889 and 7.O7Go
in 1910, the Automobile Manufac-
turer's Association found in survey
Profits in nine months of 1945 aver
aged 2.94eo.
Railway Net Incomes for January
and a year ago were reported as
follows: c. B. & G., s4,716,182 VS.. So
037,587; Norfolk g. Western, So
1912 VS.. 81, 1,782 ,625; st. Paul, ST.
093,325 VS.. s1,360,198; New York
Central System, $1,067, ,426 deficit VS.
$3.50, ,436 net income; Illinois Central
System, s502, GIT VS.. 81, ,585, ,O23; West
ern Maryland, $3.50 VS.. $347, ,754.
Standard Milling CO., a new Il
linois corporation, marketed $780,
600 of 15-year 3h9o sinking fund
debentures, due 1861, at l03 and in
terest, and 357,5O0 common shares
at 1871. Proceeds will be used to
acquire properties of Standard Mill
ing Co., subsidiary of Best Foods.
McKessOn e. Robbins, Inc, de-
clared dividend of As cents COM
mon share, payable March Is. Pre-
vious quarterly payments were 35
cents.
Newport Industries, Inc, declared
dividend of 80 cents common
share. payable March 10. Previous
payments were 20 cents.
Crowell- Collier Publishing Co.
stockholders will vote March u on
proposed 2-for-1 split in common
stock.
Illinois Power Co. will file with
the SEC, possibly tomorrow, plan
to refund around $54 ,000, 900 of debt,
including its 40 bonds of 1878, 51a%
AC6S1i0hi Go dtld bdlih lOCbi1S.
Bassett (Va.) Furniture Indus
tries, Inc, registered with the SEC
10000 shares of SIS par value COM
mon stock to be offered publicly at
$50 share for the account of
President w. M. Bassett.
b. F. Goodrich Co. earned $12,-
313,50l or $7.84 a share in 1945 VS..
$l2,0l5,842 or $7.64 in 1914.
Radio Corp. profit for 1945 was SILL
3i7,068 or SO cents VS.. 1O,263, ,2sl or
81 cents.
Monsanto Chemical Co. net for
1945 eQualed $3.49 a share VS.. $3.14
In 1914. Sales set a record of $685.
339, ,391 and net totaled $5,318,003.
E. r. Squibb e. Sons net for
months ended December 81 was ST.
029,891 or $1.14 VS.. $1,184,551 or 63
cents in the same 1914 period.
Canada Dry Ginger Ale, Inc,
earned $500,758 or 73 cents in the
final 1945 quarter VS.. $512,014 or SO
cents year earlier.
Western Auto Supply Co. of Mis-
souri, net for 1945 was $2,718,3 8,306 or
1852 VS.. 81 1,302, ,731 or $1.72 in 1914.
Bon Ami Co. earned $1,l59 0O8 in
1945 VS.. $1,081 ,297.
United Elastic Corp. net for 1945
was $567 ,l4S or $3.79 VS.. 1,767 500 or
1892.
Ex-CellO Corp. profit for IL
months ended November 80 was
$1,947,653 or $4.88 VS.. $2,136,020 or
1886 in the preceding fiscal period.
Servel, Inc, reported deficit of
$780,685 for months ended Janu-
sry 81 VS.. profit Of $429,1l0 or "a
cents year ago.
Reliable Stores Corp. profit for
l945 was $799. .46l or $2.25 VS.. $745,-
S25 or $207 in 1914.