Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-07-30
Business Briefs
Money in Circulation on july

Money in Circulation. on July %
totaled $l7,799, 000, 900, a further in
crease of sos, 900 600 from a week
earlier and gain of $3.50, 00O, 900
over year ago, the Federal Re-
serve Board declared in its weekly
report on member banks. Excess
reserves of the member banks de-
clined $4,000. 900 to $1,000 600, 600
In the week. Holdings of Treasury
bills rose $374,0O0,0 900.
Largest Green Coffee Stocks in
History were reported by trade
authorities. who estimated supplies
at 5000, 900 bags, not counting those
held by the Government for the
armed forces. George c. Thierbach,
president of the National Coffee As
ISOLATION, praised the OPA for end
ing coffee rationing.
Heavy Apparel Store Sales estab-
lished a new record of 81, 900 900 900
in the first half. the Department of
Commerce announced A further
rise In consumer incomes Is expected
to boost apparel volumes still higher
Sales in the first six months of
l943 were nearly double 1899 levels
and 259o above year ago A trend
toward higher quality goods was
noticed, with women's wear shops
showing largest gains.
Stable Wholesale Prices in the
week ended July "a were reflected
by the Bureau of Labor Statistics
index, which remained unchanged
at 1029I of the 1923 average, or
49, above year ago
Broker Loans on securities held
by reporting member banks in New
York City totaled $841 900 900
Wednesday, gain of $4,000 600
from week earlier. Loans year
ago totaled s455 100000
Pan American Always reported
$4,000 passengers have been carried
and 100000 miles flown on it's world
| routes. Both records were accom-
plished on 1850 transoceanice cross
lngs. In four years, more than A.
100000 pounds of express and O.
$4,000 pounds of mail have been
flown across the Atlantic.
United Air Lines set new passen-
ger, mail and express records in the
first half Of l943. Passenger miles to-
tailed 1853, 1863 1857, a gain of 49, over
a year ago: express pound miles to-
tailed 3,632.644,1 LOB, a gain of 49, ::
mall pound miles totaled 9.717, 100
5S6, gain Of 83Te. These new peaks
were accomplished despite a drop of
145%o in plane miles flown.
Nash-Kelvinator Corp earned
$8O9,O88 or 10 cents a share in the
quarter ended June 30 compared
with s8ll,047 or 10 cents a share a
year ago. Net for nine months end
ed June 80 was s2,054224 against
s2368 1862 year ago. Sales for the
nine months totaled s124,803 ,586
against s52,707, 1872 a year ago.
Allis- Chalmers Mfg. Co. earned
$2056,048 or $116 a share in the
second quarter, compared with
s886,389 or 49s cents a share a year
ago. For the first half, net was So
1888, 1876 or sl96 a share. Untitled
orders on June 80 totaled S28l,148,-
OLA.
Bell Telephone Co. of Pennsyl-
vania earned ss0l1,s7257 in II
months ended June 30, compared
with $9.l32,586.46 in the preceding
year. Net for three months ended
June 80 was s2,236,17S, compared
with $2,l58,07212 year ago.
National Steel Corp. earned So
538,ol4.64 or sl.l5 a share in the
second quarter, compared with
$2750,44 or S125 a share a year
ago. For the first half net was
s5,2l8.8 against 1926 2o2 in the
same 1912 period, .- e
United Gas Improvement Co. and
subsidiaries earned 1886 23l in the
first half, compared with sS,074, 485
year ago. Net for IL months ended
June 80 was $l7144404, compared
with sl7,850,291 in the preceding
year.
Lone Star Cement Corp. earned
$l,37l 1888 or s145 a share in six
months ended June 80, Compared
with 1881, sol or s146 a share a
year ago.
General Gable Corp. earned ST.
04l 1888 in the first half against ST.
367, 623 year ago
Commonwealth Edison Co. earned
$1l ,085 1868 or 81 cents a share in the
first half, compared with a revised
net of Sill ,209, Isl or % cents share
year ago.