Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-05-22
Business Briefs

Aasannehsls rr~Auetian &c Ire
United States saGs week GsaiAa~6
los So urais including o. ssT carr
and 1898 trzgks-- wat1s Alto
motive RrpoEts raefe-scs las
wr~k turned olt - sSs cara ard
81 - trucks IN Ire ike !ass
week Ss sss cars and 5s S.
trucks
New Novk Gotten ExshAngv
Mem aer~hie snld !or s. 500 az
$500 from ne last rEryaeSss trans
fer Current prizes az g. SOC I'D
and $4,000 askec
Esse standard Oh &c ar
nouncec = eal al IS CENTS a BARR
on Ne & heavy .g1el OF OF al gsr-
m.Hals and for Al methods O. de-
livery Nc, 4 and No ; e..s wvrr
adjusted In proportion
Caterpillar Tractor &c regis
tered wtIh the SIC 2Aa coo slfafvs
of 800 par cumulative preferred
stock 10 be sold publicly Ia finance
retirement Of s2l 600 900 II notes
and expansion
Pacific Western OH Corp regis.
tered with the SEC $4,000 900 O.
|lS-year xinkiag fund deoentures
%! which $40 900 600 Will be us~Sa
10 pay Of a bank loan
Florida Power 4 Light Co. res.
iStered with the Sec $40 o0o 600
OF 3o-year fra mortgage bonds
The company also viii sell $50.
600 common shares 30 rs parent.
American Power & Light Co. Pro-
ceeds viii be uSed for consirtae-
ton.
Southwestern Gas a Electric
Co. filed with the SEC a plan TO
sell 81 600 600 Of So-year FRS,
mortgage bonds and IS 600 shares
OF 800 par cumulative preferred
stock TO finance expansion.
Illinois Power Co. registered
with the SEC 2Ss,T ss common
shares. Of which lTa 900 will be
sold by North American Light a
Power Co. and 72.7SS shares by
North American Co. Both Arms
are complying with provisions OF
the holding company act.
Chicago Great Western Railway
received ICC permission TO issue
81 o20 900 OF equipment trtis;
certificates.
Chicago, Rock Island 4 Pacific
Railroad asked ice permission to
sell s3.l20. 900 OF equipment trus'
certificates
L. A. Young Spring 4 Wire
Corp. declared an extra dividend
of so cents and a regular quarterly
of rs cents, both payable June IS.
Automatic Steel Products Corp.
declared q dividend Of 10 cents
q common share, payable June
30. and an extraordinary distri-
button OF so cents. payable June
10.
Century Electric Co. declared q
dividend OF 10 cents q common
share. payable June Il. Previous
quarterly payments were i2ta
cents.
Virginia Electric d Power Co.
earned s6.i8i.T 1877 or si45 a share
in IL months ended April 30 vs..
$6.27s.sl7 or STA In the previous
year
American Broadcastins Co. re-
ported q deficit Of s64 900 for the
FIRST is+9 quarter vs.. proft of
$500 .243 or "a cents a share In
the same ls48 period.
Holly Sugar Co. earned 81 ,4es,-
5s4 or sass In II months ended
March 81 W. e2,ie6.sil or s4.33
In the previous year.
Rome Cable Corp. profit for
year ended March 81 was si,Ii5.-
$50 or t2.7s w. eI.lb2.57s or cal
In the preceding fiscal period.
Waukesha Motor Co. earned 81
oss.olo or sl.si In nine months
ended April 30 Va. sos3,oi0 or
&246 q year earlier.
Willy Overland Motors, Inc.
elected Ward NJ. Canady board
chairman TO succeed James D.
Mooney. who resigned Selection
Of q president was deferred. Del
mar c. Ross was named first vice
president.
Butler Brothers elected q r.
Herberaer chairman and Bert r.
Prali president.