davidaulloa/AmericanStories huggingface dataset:
Evening star., 1949-01-09
Railroad Bonds Score
Moderate Advances
In Short Session
ey the Assoeiofed Press

NEW YORK, Jan. 8.-Narrow ad.
vances among rails pushed the bono
market slightly higher today despite
scattered minor losses.
Sales totaled $l,140,000 for the
brief session. Last Saturday was 6
holnday.
Wisconsin Central Superior &
Duluth) Is gained Ia to 47l4. New
York Lackawanna 81 Western Il
were up points at u on light
tournover. Lehigh Valley stamped
IS advanced IA at 1917. Susque.
hanna refunding SIS climbed las tc
4312. Pennsylvania Railroad gen.
eral ~ were up Is to 80.
Others advancing a point or more
included American Airlines IS. City
Investment As. International Great
Northern &C" IS, and Texas & New
Orleans ass
Baltimore & Ohio *" SIS eased q
point to 60a4. Bethlehem Steel 2s4
were off 11s at s7ss.
Also on the downside were Amer
ican Telephone & Telegraph "a S
of 1857, Monon income 412s, Con-
solidated Edison 2s4s, Hudson &
Manhattan incmoe IS, and Southern
Railway general As.
There were no dealings in United
States Government bonds, as usual
on Saturday. Brazil stamped IS
eased IL to 45la in a mixed and
quiet foreign dollar market.
Week Started Slowly.
The bond market week began
slowly as bond traders waited for
President Truman's State-of-the-
Union message to Congress Wednes-
day before committing themselves.
An advance spearheaded by rails
began even before the President
left the Capital. The gentle upward
movement continued for the rest
OF the week.
The President singled out Gov
ernment bond policy as one Of the
main topics of his economic report
to Congress Friday.
An important factor in future
management of the public debt, Mr.
Truman said. will be the mainte-
nance Of stability in the Govern
ment bond market.
He said that although there were
times during 1948 when the Govern
ment stepped in to support long
term governments at the 2la per
cent yield level, the Federal Re-
serve System had increased only
its Government scurity
as a rsult of such support.
The President termed the support
program eminently successful.
The Federal Reserve System re-
ported that it's holdings of Govern
ment securities declined $428 900 900
in the week ended January S. The
system still hled $22,9l9, 100000 in
Government bonds.
Utility Offering Due.
Next weeks schedule of debt offer
ings includes the first 1949 bond
offering for a utility On Tuesday
the Gulf States Utilities Co. will put
up for award s15.0O0,000 in deben-
lures. Other obligation offerings
scheduled include Burlington Rail-
roads $3,210,00O on Tuesday and
Northern Rail-
roads $1,870,000 and St. Louis,
Brownsville 81 Mexico Railways
81 $40 900 on Wednesday. The latter
two roads are units of the Missouri
Pacific System.
The largest Of the weeks tax
exempt offerings is the S2l 500 900
issue the Los Angeles. Calf. school
district is putting up for award on
Tuesday.
1t was learned this week that the
Wisconsin Electric Power Co. is con-
sidering plans to offer for sale, pos
sibly in March. $4,000, 900 in new
money" bonds.
Evening star., 1949-01-09
Commodity Prices

NEW YORK, Jan s tP,.-The food COM
ponent OF the Associated Press index OF
35 important wholesale commodity prices
Frlday-lowest figure since September,
1876
A week earlier the food index was 1851
and a year earlier 1t was 164.79.
The commodity index as whole de-
clined to 1864 on Friday from the pre-
vious Fridays 117.1S The base year OF
the index 1925, equals 100.
The livestock and textiles parts Of the
index also showed declines in the week,
Evening star., 1949-01-09
Chicago Grain

CHICAGO. Jan 3 Up p-Hpavy selling
swept soybeans and lard down sharply on
the Board OF Trade today. causing weak
ness also in wheat. corn and oats
All lard deliveries dropped to new lows
for the season. Loose lard in the spot
market was quoted at I3.S1 cents a
pound. compared with IA 90 cents yester-
dav. 1t was new low since 1915
Soybeans broke as much as 10 cents
the permitted limit in session. at one
time; Crude soybean oil was report ed
tracing at Is cents pound. decline
OF Is cent from yesterday
With this type OF break in fats and oils,
little buying enthusiasm could be aroused
Tor grains. At one time wheat was boueht
by milling interests. but this could not
stem slump in the bread cereal Fore
cast CT another blizzard for parts OF the
wheat belt also caused no buying
The country offered corn more freely,
bookings being placed at 10000 bushels
That had some influence in the easinesS of
the yellow cereal as it caused hedge SELL
ins of futures Spot market prices were
down as much as cents on high moisture
grain.
Wheat closed 1rs-2N. lower May .eo27.
3d. corn was ! is-17s lower. May 1.46l g.
-; oats were "a to 1 cent lower May
soybeans were 8 to 50. lower, March
".4S24-" 40. and lard was 35 to 40 cents
hundred pounds lower. January Is so.
Evening star., 1949-01-09


CALL HI. $3.50. cheap old cars want
taken away hours HI. 545O.-l5
INDIVIDUAL WANTS la4s or la4a
used Austin, will pay cash imme-
,dYcoyS d,sseiy cs,, CnSf2yrS4An AZ StAI coI;rE-
Private party will pay cash; date
year, mileage. full details as to cond
Box 51-L. Star
WANTED 1879 FORD or Mercury;
must have overdriye; cash; no deal
cHEvReIEr@Mtll ne: eii !oM Say pay highest cash
for '46, ~, '4s; immediate cash,
FLOOD PONTIAC. 422l Connecticut.
BuIcKwill pay tn,hsdi.,s hIshsdf cash c,S5 for
FIooD PoNTIAc, 4ssi connecticut
F9sl'Af"!1 e. as pay mme,ats n1sis sa'e easR sRF
FLOOD PONTIAC. 42@l Connecticut.
~. as; Immediate cash. FLOOD
PONTIAC 42"1 Connecticut.
OLDSMOBILE-Will pay highest casn
for A6, -: '4s' immediste cash,
HofD dGoR Fl pENHo SGsT MINUTE i fonee'aa ses nsh
car. Du. 3s77. DU. s1s IS. BRENT
WOOD MOTOR co. 1717 Rhode
Island ave. ne. Open 9 am. to
WANTED, siF used cars any year, any
make or model, for export; imme-
G1ate ef fash ne wsitlnE nc contsft AHuo Has
"WiS sRfSuTs wrTH Fl Wi WIvN n SaSG Nor. sss for
your car No delay. Open am. to
= pm {sS Open ,pIGps SgTdsy: 10 "a m r,drida to
MORE CASH FOR YOUR CAR, new
ar sno u'ee eet pa,ss eash " woLFE SIZE MOI MoToRs,
rAiiR, iiis fnS HoNksT IS APPRAfsALs PT Ex s'e On all
Hski; MskFzRosfiAc & ffs5 IS 1873 assured '' ns s
WILL PAY ALL CASH for clean
cars, new or used. Call me now or
ceAsT1RBERRY. 1916 Bennins I'd
ne. FIR. 5231.
nHaSA needed immedisiely, immediate CENTRAL NO MO-
TOR SALES, 1925 Conn. ave. EN-
a754 or Wo e236 ,1e M -1s ,h2,c.
MOTOR SALES, 4328 Conn ave
sF6 F6HASkA SS sEESEaE sEFSRh l1gs 19y aos sell j.
NV. Di. 9i4I'
PONTIAC OWNERS. 50 chocie units
MoToR Needs9 SALES. saIss'Atts 4sss Conn ave ave:
pLYMoUnTH" " OWNERS 50 choice
units needed Immediately; CEN
ave. EN- 1854 or WO 9236. Ia
FORD OWNERS, rs choice units i'm
mediately. CENTRAL MOTOR
SALES. 1926 Conn. ave. EN-. 1854
cHEEXRoLET # VIZ H:To' OWNERS, rs choice
units needed immediateiy CEN
TRIAL MOTOR SALES. 1925 Conn.
ave EN-. 1854 or WO. 9236. Ia
PONTIACS WANTED
For cash, any year or model. VIII
pay the highest cash price. KIRK
Evening star., 1949-01-09
BOND SUMMARY

FURNISHED BY the Associated Press) .
A selected list Of active Bonds on the
New York Stock Exchange, showing the
nigh, low and closing price for the week.
and the net change from the previous
weeks close.
Evening star., 1949-01-09
AUTOMOBILES FOR SALE

SterTett Motor Service
Your friendly Ford dealer for Silver
Spring and Northwest WASHINGTON
offers these quality used cars at
considerable reductions.
1897 EaSt-West HWY
Evening star., 1949-01-09
Capital Securities
Over the Counter.

on Washington securities traded over the
counter represent prices at which one or
more dealers. members of the National
would trade with the general public at the
time the quotations were assembled fol-
The Star as OF Friday noon. Origin OF
Evening star., 1949-01-09
CURB SUMMARY

| Furnished BY the Associated Press.)
| A selected list Of active stocks on the
New York Curb Exchange, showing the
high, low and closing price for the week,
and the net change from the previous
weeks close.
Evening star., 1949-01-09
AUTOS FOR SALE Cont. }

LINCOLN 1a4a 4-door sedan; 500
mi: Alberta blue: radio, heater. over
drive. plastic seat covers This car
10 an excellent buy at S2,7a5. Cher
neriZed guarantee
CHERNER MOTOR co.
I'LL Fla Ave NV HO. 5000.
MERCURY 1916 convertible: heater;
gun metal finish; excellent transpor-
tation; 81 ,593 This car carrles q
CherneriZed guarantee
CHERNER MOTOR co.
III Fla. Ave NV. HO 5000.
Evening star., 1949-01-09
lines OF business and
comparisons with the preceding

while the industrial and grains and cot.
ton eomponents increased slightly. Non,
ferrous metals were UNCHANGED
Fridays index, with comparative figures
for week earlier and q year earlier,
Evening star., 1949-01-09
PENDATJ,,S SPECIALS

JANUARY SPECIALS
~ studebaker comdr. bus: -
coupe tT2
40 Studebaker Ch Glib. sed: 145
'4o Studebaker Cmdr. Glib. sed as5
s4I Studebaker Pres Glib sed. S!5
al Studebaker Oh. Glib. sed. h4o
Terms and trade
BENNING MOTORS
1900 Benning Rd NE. FIR. 1929.
Evening star., 1949-01-09

Wanted-1946-1949 Cars
CHERNER, BREWER
Sill Wis. Ave. WO. 1899. -99
Evening star., 1949-01-09

The index today declined to 1897, new
194S-a low. Previous day. | " .64; week
ago, 117.lS; month ago, ~ SO; year ago,
Evening star., 1949-01-09
Business Trends for Week
BY the Associated Press

BILE gives operating figures for
week available. together with
Evening star., 1949-01-09

Rates Of dividends in the foregoing
table are annual disbursements based on
the last quarterly or semi-annual declara-
ton. Unless otherwise noted, special or
extra dividends are not included.
yd Ex dividend xr EX rights. cid Called
pt I'd Part paid ur Under rule. war War
rants WV With warrants XIV Without
warrants Also extra or extras Plus
stock dividend Cash or stock. Paid
last year fpayable in stock. estimated
cash value on ex-diyidend date De;
clared or paid so far this, year. DECLARED
k Declared or paid this year an accumu-
lative issue with dividends In arrears;
D Paid this year; dividend omitted deferred
Ing. Declared le4s. payable in 1949.
y Iiquidating dividend. Payable in stock,
exact cash value undetermined on dec.
laration date.
Evening star., 1949-01-09
PEAKE SAYS
PEAKE MOTOR co.

De Soto-Plymouth Dealer
4433 Wisconsin ave. OR. zoos.
OLDSMOBILE 1947 rs" sedanette;
like new; r. and h.; Sl.795.
CHERNER-BREWER
B1l1 Wis ave NV. WO 1899
Many others to choose from. This
car carries our famous 30-day guar
antee 3
Evening star., 1949-01-09

Chicago Cash Market
No wheat Corn-No. 3 yellow. "Si,
33l. Barley-Maltnp. ."0-66 nominal:
/ feed. lO.-"u nominal Field seed per
hundredweight nominal-Sweet clover.
15.oO-16 90; timothy. 1i.50-ls.00
Radio Corp. of America elected
sJoseph H. Mcconnell. vice president
in charge of finance
Evening star., 1949-01-09

Home Life Insurance Co. Of New
York elected William P. Worthing-
ton and Howard c. Spencer vice
presidents
Divco Corp. elected John Nichol
board chairman to succeed F. r
Rageol and Ray A. Long. president
to succeed Mr.. Nichol as president
Evening star., 1949-01-09
FOUR-MONTH GUAR

Kaiser-Frazer dealers 5000 Lee
hwy. Arlington. Va Terms or trade.
Phone CHI 1000. Open ewes. ID
Evening star., 1949-01-09

The following table
finance In the latest We
week and . year ago.
Evening star., 1949-01-09
AUTOMOBILES WANTED

1909 Wisconsin ave, Oliver 1400
Lincoln Mercury Dealer. 3
Evening star., 1949-01-09
Frank Small, Jr., Inc.

he best Of all comes from Small.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
Senate Heads for Vote
On Basing Point Bill
By the Associotsd Press

The Senate headed for a mid
afternoon vote today on a move
to pull back the so-called Basing
Point bill from a Senate-House
conference committee.
Senator Long, Democrat, of Loui-
siana, spearheaded a drive to set
aside a previous Senate order
sending the measure to the COM
mittee for adjustment looking to
final congressional action.
The Senate has debated for two
days whether it should recall the
bill, aimed at permitting individ-
Iual business firms to absorb freight
costs in fixing their prices.
Longs group is seeking to have
the House-approved version Of the
bill adopted by the Senate. con-
tending it keeps the antitrust
laws operating effectively. Thus
if his motion carries, it probably
will be followed by moves to accept
the House version.
Senator Kefauver, Democrat Of
Tennessee, told the Senate yester-
day that pending Basing Point
Legislation 1T a dangerous bill be-
cause it confuses the law on un-
fair methods Of competition" He
argued that the bill ought to be
killed. If it isn't. he said the
House amendments ought to be
adopted by the Senate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
Chicago Grain

CHICAGO, Aug. IL H1.-The weight Of
~. the grain pits , on ne Board Of TE.ae
siesi .e!Sesns and oats Ss'i gave 's up an
Wheat ran into more hedging pres
the start. Selling in corn was eonesn.
s.siness in CASH corn prices this Week.
,s:terd days SLOW session. -
corn was h:IH lover: September l.sih.
soybeans were 1A-1H lower. November
. hundred pounds lower. september 1882.
estimated Ina as = corn e.1ryoSer q about 500.
600. 900 bushels. This. with the addition
Of the new crop. would siye total corn
for the first time in history. It Is Tar
above annual consumption.
Traders also were wnodering over what
f0q 10 g rom
: :p,s ' sv.ilsbie to take care q the new
sued n nst fsr@ eor s0Fsas Under
dsysrnment loans.
i Is estimated also that there is about
s Is4s 900 ere Sp'ns a S i:e a,e%
loan. Many traders expected marketing
Of this free corn to increase as producers
try to clear out room Tor the new crop.
This was Cousins selling OF September
Harves.i1s Of. spring wheat is making
rapid prozress IN the Northwest and is
and southern saskstehewan. The Winni-
peg Free Press estimated the wheat crop
In the three Canadian prairie provinces
Is 49,, 900, COO bushels.
About The only bullish trade item avail
able during early dealings were reports
millers In .ne Southwest a.e having diff
fieulty buying wheat. Presumably. much
Grain has gone into the Government loan
in that section.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
Chicago Livestock

CHICAGO. Aux IL Up usDAlI
sysniy % GENT; K iioS lover; mostly ~ i
market closed weak at decline, fully 90
lower; top 22.7S sparinsly; hu!k good and
$50 pound, 21.26.22. 90; few 290-325
pound, 2O.00-21 Is; good and choice.
l50-1so pound lishts. 20 Gioo.2l: e.; goe e
to II. IS; 3bo:46o pound. ! TOOL %;
400-450 pound, I6.O0-17.25; 476-650
ssss down 1as g 1853; few odd heavier
saiable cattle 1900; salable calves 800:
slow; slaughter cattle uneyenly steady TO
80 cents lower; GOOD and choice fed steers
scarce, steady; medium beef cows showed
fully decline; odd lots good and CHOICE
light steers and mixed yearlings, $500
27.50; few medium to low-good steers,
22 .00-24.7R: common grasssrs down 70
1900; Gamers and cutters. IL DOLL 90;
medium end good sausage bulls. 1890
goo; stockers and feeders scarce. under
tone arm At weeks SO cents higher
ssIsible sheep 800: slaushter iambss
choice lots $3.50 to small killers; most
%. 00-23. 90 on GOOD 70 choice NATIVES;
cuils and common, 10 .00-20.0 90; slaughter
ewes 900 down with heavies ut 800.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
'Shanghaied' Sailor
Faces Desetion Trial

James Patrick Ryan, "a, the
sailor who maintains he was
shanghaied into the French For
eign Legion, will be tried for de-
sertion in a general court-martiaI
Tuesday at the Naval Receiving
Station at Anacostia.
Mr.. Ryan, a seaman first class.
is represented by Attorney Walter
H. Norman. His story will be
backed by fellow Americans who
served with him in the Legion.
Mr.. Norman said.
The sailor was declared an I'M.
authorized absentee by the Navy
on July 4, 1947, when he failed to
report back to his ship. the de-
stroyer Dickson, in San Reno.
Italy. When next heard from, he
walked into the American Consul's
Office in Canton. China, in March.
1949.
Mr.. Norman said the sailor,
a native of Hawthorne, N. j.. met
French girl and a man on q
party in San Reno and awoke
the next morning to find his ship
gone. He then hitch-hiked to
Nice, the lawyer said. but was ar
rested by French authorities as q
German spy.
Mr.. Ryan claimed the French
forced him to join the Foreign
Legion by torturing him. refused
to let him communicate with
American authorities and sent him
to Africa. From there his unit
went to Indo-C China where he fed
after seeing action against the
Wet Namese, he told his lawyer.
The trial is scheduled for $50
am, Mr.. Norman said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
rails Lead Declines
OF Fractions 10 ST.;
Trading Boys Down
By the Assoeistsd Press

NEW YORK. Aug. IA soggy
decline in the stock market today
carried prices down a trifle with
q few issues sinking a point or
more. Trading begged down as
prices receded.
The rail group started out in
mixed fashion and then fell away
for fractions to a point. They
were unimpressed by the freight
rate increase Of 81 per cent
granted Thursday over present
rates.
Oils, motors, steels. utilities and
chemicals were mixed. Rubbers,
aircrafts and building material
shares turned down.
The retreat after yesterdays
advance Is q continuation Of the
see-saw manner Of the market all
week-up one day and down the
next. Today is the down day.
Nevertheless. no selling pressure
appeared generally nor concen-
trated on any a the major sec
tons Of the list.
Stocks showing the greatest
losses were United States Gypsum,
American Telephone, Texas Co.,
United States Rubber, Nickel
Plate and American Cyanamid.
Others tending lower included
Santa Fe, Southern Pacific, Beth
lehem Steel, Chrysler, Goodyear,
Montgomery Ward. Lockheed,
Philco, Zenith, Anaconda, Phelps
Dodge, Du Pont, Union Carbide,
Westinghouse. American Wooden,
American Tobacco. Barnsdall OIL
and Standard OIL Of New Jersey.
There were a handful of gain
ers, including Studebaker, North
American Co., Paramount (old)
Gulf OIL and Distillers Corp
Seagrams.
Two large blocks were traded
early in the session, l4,500 United
Corp, unchanged at 4 and 1890
Equitable Once Building, up h
at So.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
District Auto Sales
Total 4,A5 in July,
HIGHEST This Year
By Edword G. Stone

Sales Of new automobiles in the
Capital in July reached 4.465,
highest total for any month this
year, r. j. Murphy. director OF
the Washington Automotive Trade
Association, announced today. The
wave Of auto buying is still on
the upgrade.
July sales revealed a gain OF
1874 cars over July a year ago,
when new car purchases totaled
1921. Sales also gained 965 cars
over June of this year which held
the record In the first six months.
Sales in first seven months OF
194s reached 20,480, against IT,
234 in the like 1948 period, an
advance of 3,246 new cars. I'm
provement in deliveries has aided
the new records, practically all
makes of machines now being de-
livered in a short time.
Sales in the first seven months
of this year compare as follows.
with the same months in 1913:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
New York Cotton

NEW YORK. Aug. IL gF.-cotton fu.
profit takinE and hedging in early dealings
today. Aggressive min buying in recent
sessions was lacking. New crop morths
advices said that there was ; good de-
msnd for spot cotton from Southeastern
mills on practically all qualities for i'm.
demand vas slow. The weather in the
cotton belt overnisht was mostly favor;
able, but private cop surveys continued
70 stress an expansion In the area OF
Noon priess we're 20 to 90 cents .
bale higher than the prevtous close;
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
New York Produce

NEW YORK, AUG. IL R.-Buttsr
3o4.957; steady prices unchanged; cheese
266.346: STEADY. prices unchanged.
assss,-s'471,, irresulsT; New York spe!
coleYs-xxtrs heavyweights, 61.62; extrs
2 LARGE, "; fancy medium, So: extra 2
medium. 60.62; current reeeipts, 47.4ei
40.41.
whites Fancy hesyyweishts, el.e4;
extra: extra large So.
and brown eeEs represent wholesale sell.
ing prices for the finest marks, and not
paying prices to producers or shippers
70; fancy heavyweishts, 68.70; others.
65-6S: mediums, $3.50; pullets, 90;
peewees., ,26-27: Brcwns-Extra fancy
66-67. others 64-65; mediums, IS; pullets
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
FOREIGN Exchange

NEW YORK, Aug. IL -R.-Foreisn q.
change rates follow (Great Britain II
In New York open market 4ls per cent
discount Of 94:1sA United States cents
on !. Of . cent; ,.u.,. ,..,.., "a a..
UP 4 Of . cent: Great Britain 3Q-da1
futures. 1000. Of !. Of a z cent; Grea1
3.90is. Oh !. of . cent; France (franc(
.30h Of . cent, unchansea; italy dliral
Ausust 9xed rate ;Q0l73s. July ;o9 g5;3e
erisnd (franc) ifree), 25.1S, unclaimed.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12

8e8S
| WORLD BANk
IntBR&O 3S72 1o2 &c
FOREIGN las
Australia s. 81 1914
Australia 3Hs56 S3N
| Australia3k.s57 -
Canada As 60 1oN
Colombia IS 70. AM
Cuba Ans IT, 1lWt
ItalPuU l-3s ~ 32N
Italian LIST 3s77 3SA
| Norway 4Has Sc %
Peru rs Be- 2oA
Peru LIST Is 60 2oN
Urag ~ 4hs 70 e3h
| DOMESTIC 1:ld
| Am TIT 3Ns59 112N
Am TIT 2As57 1914
| Am T&T 2s4s61 lo5N
Am T&T 2s4s II 1ooh
Am T&T 2AssO ooM
AmTobacco3s6a loAN
Balt&Oh 5sM96 50
B&O cy 4h2010 -
B&OSouDiv5sSL s.
Bang A en- As 81 05H
Bell Pa IS so c 12oH
Beth ST. 2As 76 1907
Bost Ne 4has 20 @eh
lie Ca 4hs202OB 43N
Cent Ga Is e5 61N
len RI NJ As 81 Seh
lChi ct VS. As 50 10Y
lCMStP4las2010 -
ICMStr4H 2S2O44 A9H
lChi&NW4Has99 Ao1
ICRIPin4 KaS2Ol9 9Th
IcTHS i2A4N94 =
ICCCSL 4hs n Say
iClev On TT 6s73 loS4
lCleveUT4Hs77 1o1
ICol g. So 4tasS0 -
| Comwl Ed IS II 1851
Con Ed CIV So 50 1927
| DAY PAL 2A7b 1o1H
| Del d Hud Is 60 -
| DetEdison2A82 1o1h
DUO 1t GAS IT. 1o2N
Erie 4Has 20l6 63L
| FirestnT&R3s611o3
Fla z est IS "a 49,
Hud&M in 5s57 264
IIC4AS 66- 093
Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-08-12
Business Briefs

Bank Clearings in rs leading
cities totaled $11.38o. So5, 900 in
the week ended August 10, of
9.7% from $4,000, 037 900 in the
previous week and drop of 4.6%
from $11,s24 300, 900 in the like
week of 1948.-Dun g. Bradstreet.
Freight loadings for week ended
August 6 totaled $716,824 cars,
down $685. or 10 from the pre-
ceding week and 18.4% below the
like week of DISSATISFACTION OF
American Railroads.
Department Store sales over the
nation in the week ended August 6
declined 1870 from the like week OF
last year.-Federal Reserve Board.
Lake Erie Railway Co. received
1CC authority to issue $10,870. 900
of general and refunding mort
gage 2A% bonds.
westinghouse Electric Corp. ap-
pliance division will return $50
furloughed workers August %.
Sinclair Oil Corp. in months
ended June 80 earned 500, 270. 068
or $2.44 share VS.. 81, 295 500 or
1910 in 1913 period.
Texas Co. in 6 months ended
June 80 earned $62.719.253 or $4.55
. share VS.. $6s,266.9l5 or $5.07 in
1913 period.
]. C. Penny Co. in first half
earned $16,486,124 or 50 a share
VS.. $1s,914,780 or $3.50 in ls4s
period.
Central Maine Power Co. in
year ended July 81 earned a.
094,467 or $1.66 a share VS..
$2,712,2o1 or $1.13 in 1948.
South Carolina Ell. g. Gas in
year ended June 80 earned ST.
330,605 or $1.16 share VS..
$2,066,233 or 81 cents in 1913.
C. I. T. Financial Corp. in 6
months ended June 80 earned
$11,756,S51 or $3.05 a share VS..
$7,516,216 or SPOT in 1948 period.
Aluminium Ltd. in first half
earned $780, 01 or $3.47 a
share VS.. $13.153,07l or $3.50 In
1s48 period.
Mid Continental Petrol Corp.
for 6 months ended June 80
earned $6,376,71s or $3.43 a share
VS.. $13.724,1l5 or $3.50 in l94s
period.
Pan American Petrol. & Trans.
In first half earned $7,549,141 or
$1.59 a share VS.. $7,094,93 or
$50 in 1913 period.
Louisiana Land & Exploration
Co. in quarter ended June 81
earned 1892 1896 or &C cents 9
share VS.. $1,892,151 or SO cents If
1913 period.
Other earnings included: