Evening star., 1946-04-11
Business Briefs

les totaled S11 1926 .946 900 in the week
ended April TO- a deadline of 9.Iec
from the previous week. but 15.4G
above the like 1945 week-Dun &,
Bradstreet.
Commercial. Industrial and Farm
Leans OF member banks in 10l lead
ing cities totaled S7,506,0 100000 or
April 3, a gain of S42,0OOO0O from
a week earlier and S1,462 900 ,OO(
above a year ago-Federal Reserve
Board.
Dividends publicly reported BY
United States corporations totalec
S1,253 100000 in months endec
February %, a gain of 10 from q
year earller-Commerce Depart
ment.
Freight Loadings in the week
enoed April 6 totaled 644 4,663 cars, g
drop of 2O.3fe from the previous
week and 15.6fo below a year ago
Association of American Railroads
Gasoline Stocks on April 6 to-
tailed 104 ,226,000 barrels VS.. 1O4,-
715,000 week earlier and 96,6l1,.
600 year ago-American Petroleum,
Institute.
New Securities Marketed Today
included 211,000 common shares OF
American Airlines at 90: $4,000, ,00C
of United Biscuit Co. "a 60 deben-
lures, due 1866, at l02. 125 900 shares
Of Fruehauf Trailer Co. ~ cumula-
tive preferred stock at 104l2; 10000
shares Of Central Ohio Light q
Power Co. 3.6% preferred at 102. .489
Celanese Corp. spent nearly s1O.-
100000 for expansion in 1915. but
is unable to fill demand and will
spend s40,000,0000 more for facili-
ties, stockholders were told.
Aluminium Co. of America offered
holders of 60 cumulative preferred
stock rights to exchange their
shares for common at the rate of 7
common for each 5 preferred shares,
Rights will expire April 20.
Mississippi Power & Light Co. ar
ranged 10-year serial 2Go loan of
s3,450,000 with Central Hanover
Bank & Trust Co.
{ H. X. Porter Co. announced sale
: Of its freight car manufacturing sub
$sidy at Mt. Vernon, H., to Pressed
Steel Car Co. for $2,558,000.
Libby, Mcneil & Libby reported
Eprofit of 1882 270 or SO cents a
share in II months ended March 2
svs. S3152 ,506 or 81 cents in the pre-
s,ceding fiscal period.
American Cable & Radio Corp.
sand subsidiaries earned Sl,6l5, 1898 or
s46 cents a share in 1945 VS.. S2.197,-
ATS or 81 cents in the previous year.
(. Heyden Chemical Corp. profit for
1915 was $l,403,342 or $277 VS.. ST.
397 Ill or $282 in 1914.
y Stix, Baer & Fuller Co. earned ST.
4,452 or S419 in II months ended
January 81 VS.. S890,454 or S2,61 in
the previous year.
: DIR. Pepper Co. net for 1945 was
9s978,749 or S1.40 VS.. Sl,043,511 or
S149 in 1914.
I Coty, Inc, earned $940,111 or 81
Acents in 1945 VS.. $930,531 or 63 cents
in the previous year.
a Evans Products Co., net for 1945
swas S76l ,908 or $3l2 VS.. $420,197 OF
ss$l.72 in 1914.
& Ward Baking Co. profit for u
*lWeeks ended March % was $316,753
VS.. 1924 1892 in the like l945 period.
New York Air Brake Co. earned
1852 ,944 or $1.01 in the March quar-
ter VS.. $19l 1853 or IA cents a year
ago.
Waukesha Motor Co. profit for
montsas ended January 81 was $172,-
996 or 43 cents VS.. $371,616 or SO
cents year earlier.
Campbell, Wyant & Cannon Foun-
dry Co. earned S524,410 or $1.51 in
l945 VS.. S647 1863 or $1.86 in the pre-
vious year
Sloss-Sheffield Steel & Iron Co.
net for the March quarter was $50
639 or l cent a share VS.. S192. .703 or
80 cents in the same 1945 period.
3 Union Tank Car Co. elected B. C.
Graves president to succeed l.. ].
Drake, who become board chairman.