Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-11-22
Business Briefs

Retail Trade expanded well above
the preceding week In the last week
and averaged 22eo to 26es above q
year ago-Dun 81 Bradstreets Gifts,
novelty goods and toys attracted
most attention.
Money in Circulation declined to
$28, $3.50 900 900 on November 20, a
drop of s72, 900 900 from week ear
lier, but $491 900 900 above a year
ago-Federal Reserve Board.
Business Loans of member banks
in New York City reached a new
high of $3,734, 000, 900 on November
20, a gain of $38, 600 900 from week
earlier and nearly $1,000, 000, 900
above q year ago-New York Re-
serve Bank.
Automobile Production in the
United States and Canada was esti-
mated at 94,973 units this week VS..
94,425 last week and 76,820 In the
like 1871 week.-Ward's Automotive
Reports. Except for the week ended
November Q, the latest weekly total
was the largest since the war.
Bethlehem Steel Corp. offering of
$5o,000,000 of consolidated mortgage
2sl per cent sinking fund bonds was
oversubscribed quickly.
Texas Co. declared an extra divi-
dend of 81 and regular quarterly
Of SO cents, both payable January 2,
raising 1916 payments to So VS., $3.50
in 1945.
Texas & Pacific Railway declared
q dividend of "a a common share,
payable December 20. The road paid
$3.50 year ago.
National Steel Co. declared quar-
terly dividend of 81, payable De-
cember Is. Previous payments were
rs cents.
Mengel Co. declared an extra divi-
dend of As cents and regul-- CA
terly of rs cents, both payable jan
uary 2. Previous quarterly payments
have been 10 cents.
L. A. Young Spring & Wire Corp.
omitted the common dividend usual
ly declared at this time.
McQuay-Norris Mfg. Co. declared
an extra dividend of so cents, pay
able December 26. and regular
quarterly, payable January Q
Panhandle Eastern Pine Line Co.
fund of $25,355.779, impounded as a
result of rate litigation will be dis
tributed to gas customers in six
States by J. w. Perry, custodian,
who received authorization from the
Eighth Circuit Court of Appeals.
North American Co. earned Sal
o75,372 or $2.46 a share in IL months
ended September 80 VS.. $14,845, 672
or $1.73 in the previous year. Net
for the September quarter was
$5,269. 1893 VS.. 1886 $3.50.
Eastern Gas & Fuel Associates
profit for IL months ended October
81 was $5,451 ,808 VS.. So ,473, 1893 in the
preceding fiscal period.
Union Pacific Railroad System
earned $22,o62, 1852 or $S.43 in 10
months ended October 81 VS.. $31 1896, :
598 or $3.50 a year ago.
New York, Chicago g. st. Louis
Railroad net income for 10 months
ended October 81 was $4,654,473 VS..
$685. 66 in the same 1945 period.
Twentieth Century-Fox Film Co.
earned s16,219,815 or $3.50 in 80
weeks ended September % VS.. 81, 529, :
287 or 1881 year ago. The firm
declared an extra dividend of rs
cents and regular quarterly of rs
cents, both payable December %,
raising l946 payments to "a VS.. $3.50
in 1945.
Pan American Petroleum g. Trans
portation Corp. profit for the Sep
TENDER quarter was $3,137 1888 or 81
cents VS.. s498,573 or 10 cents in the
same 1915 period.
A. E. Staley Mfg. Co. will spend
$15,000,000 for expansion Of its corn
refinery plant at Decatur. ILL.,