Evening star., 1946-10-10
Business Briefs
Bank Clearings In "a leading c

Bank Clearings in "a leading cities
declined to S11,S61 1853 900 in The
week ended October 8, a drop oi
4.64o from the preceding week, but
16.9qo above a year ago-Dun &
Bradstreet.
Gasoline Stocks totaled IS 400 ,00(
baraels on October S VS.. IS ,324, 900 g
week earlier and II ,901 900 veal
ago-American Petroleum Institute
Freight Loadings in the weel
ended October totaled 906, ,848 cars
a drop of 11q6 from the preceding
week, but 1917 above year ago
Association of American Railroads
International Rubber Controls will
end December 81, the British Boare
of Trade announced. Only spo
sales will be permitted on reopenins
of the Mincing Lane market in Lon,
don, thus banning speculation.
Most Markets Will Close Saturday
in observance of Columbus Day. Tht
Chicago livestock market will re
main open as will the Winnipes
grain market.
National Container Corp. in
creased its quarterly dividend from
Is cents to so cents with declara.
ton payable December 10.
Melville Shoe Corp. declared {
quarterly dividend of 40 cents OF
new common. payable November l
Prior to a recent 2-for-1 split, tht
firm paid so cents quarterly on ole
common.
Champion Paper & Fibre Co. de-
clared a dividend of 1919 cents, plu!
an extra of 1919 cents on new com.
mon, payable December 10. Thi!
was equivalent to Is cents regular
and Is cents extra paid prior tt
the recent 2-for-1 splitup.
Consolidated Biscuit Co. stock
holders approved merger with j. M
Carr Biscuit Co. under the nev
name of Carr-C Consolidated Biscui
Co. Carr holders will vote Octo
ber IA.
Chase National Bank favors {
five-day week for banks on a year
around basis, President Arthur w
Mccain told employees at dinner.
Republic Aviation Corp. registered
with the SEC 100000 shares of $5l
par convertible preferred stock to bt
offered publicly for expansion
purposes.
GimbeI Brothers, Inc, earned $8,'
001 $3.50 or $518 a snare in six month!
ended July 81 VS.. 81 ,939 ,509 or 81 {
year ago.
Woodward Iron Co. profit for nint
months ended September 30 wa!
S1,076,2 ,208 or So, ,18 VS.. $608, ,030 or 81 81
in the same 1945 period.
Ex-cell-o Corp. earned $830,672 Of
$208 in nine months ended Angus
81, including $500, ,0S7 from reserves
VS.. $1,471 400 or $3.50 a year ago
Transue & Williams Steel Forging
Corp. profit for nine months endec
September 80 was $67, ,818 or so cent!
VS.. $241 ,944 or $179 in the same
1945 period.
Black g. Decker Mfg. Co. has 9
current backlog of around $2O,000,'
900 due TO a flood of both domestic
and foreign orders, President S
Duncan Black reported. He esti
mated profits for the year endee
September 30 would approximate
$4.25 VS.. $2.13 in the preceding year
Emerson Radio & Phonograpf
Corp. signed an agreement for pur'
chase of the radio communication:
division of Jefferson Travis Corp
Jefferson Travis holders will vott
on the proposal October 81.
Adams Hats Stores, Inc, sales fol
September totaled $1,616,517, gair
of 55.1Go from year ago; for nine
months, S12,277 ,536, an increase o.
46.5%c. @
General AniIine G. Film Corp
and General Dyestuffs Corp. an
nounce the resignation of Victor
Emmanuel as a director. He j!
board chairman of Aviation Corp.
Yale g. Towne Mfg. Co. appointed
Bryan Williams, jr., to the executive
sales staff of its Stamford division