Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-06-13
Business Briefs

Bank ClearlngS IN "a leading cities
totaled sl1 1894 ,708 900 in the week
ended June II VS.. $40, 1853 1898 900 in
the previous week and were $40
above s10,835 100000 a year ago
Dun 81 Bradstreet
Freight LoadingS in the week
ended June 8 totaled 83O,l26 cars,
a gain of 324oo from the previous
week. but 6.2oo below a year ago
Association of American Rail-
roads
Gasoline Stocks totaled 94.146 900
barrels on June 8 VS.. 95,247000 a
week earlier and 87.486,00O a year
aeo-American Petroleum Institute
Stock Exchange Membership sold
for $4,000. The last previous sale
was at $4,000 and prior to that the
price had been around 100000
Container Corp. registered with
the SEC 141 ,496 capital shares to
be offered present holders at the
rate of new share for six held.
Portland (Oreg) Gas & Coke Co
registered with the SEC S1O,OOO,OOO
Of first-mortgage bonds. due 1876
TO be offered at competitive bid
ding for refunding purposes.
Gulf States Utilities Co. plan to
sell $27000.000 of first mortgage
bonds and 81 100000 of promissory
notes for refunding purposes was
approved by the SEC.
Electric Boat Co. stockholders ap-
prov d issuance of new preferred
stock to be paid as dividend on
the basis of one preferred for each
four common shares. payable
July TO-
Beau Brummel Ties. Inc. stock
holders approved 2-for-1 split in
common stock by exchange of 150.-
600 for 100000 shares. The firm
will pav a 20-cent dividend July Is
in ABOLITION to. 30 cents payable
Saturday.
Independent Pneumatic Tool Co.
stockholders approved 2-for-1
split in common stock New shares
willkbe distributed to holders of
record June 10.
International CeliucOtton Prod
uck Go. stockholders will vote In
July on a proposed 2-for-1 spit
in common stock approved by direc-
tors
Kroger Grocery & Baking Co.
was held in criminal contempt of
Federal Court at Chicago for SELL
ing food at overceiling prices.
Mission Oil Co. declared a divi-
dend of SITS a common share, pay
able June %. The dividend will be
paid out of current earnings re-
ceived as dividend from South
western DEVELOPMENT Co.
Pressed Steel Car Co. directors
took no action on a regular quar-
terly dividend for common stock.
Baltimore g. Ohio Railroad invited
bids on s4,060,000 of equipment trust
certificates, series @. up to June Is,
They will mature from l947 to 1856
Colonial Stores, Inc, sales for four
weeks ended May Is totaled SO ,0O9,-
BAT. gain of 30.5 per cent from a
year ago: for 81 weeks. ended the
same date, SAT, 799 1894, rise of 29.6
per cent.
July l.
Atlantic Coast Line Railroad
earned sl.256,7S9 Or Sl.52 a share in
four months ended April 80 VS.. 81
476.109 or $5.43 year ago.
Num- Bush Shoe Co. profit for
six months ended April 80 was S311.-
4l0 or s1.63 VS.. s127.285 or 81 cents
in the same l945 period.
Kennedy's, Inc, earned S24O, 900 or
$l.49 in three months ended April
80 VS.. $742,827 or IS cents year ago.
Coleman Co. net income for the
March quarter was s136, 1903 VS.. s347,-
06o in the same 1945 period.
Dodge Mfg. Corp. earned S117.617
in six months ended April 80 VS..
SOC, 703 year ago.
Phillips Packing Co. elected Al
banus Phillips, jr. president to sue
coed his father. who became board
chairman.