Evening star., 1943-08-12
Business Briefs

Bank Clearings In % leading
cities totaled s7.S1l856,0 900 in the
week ended Wednesday, we'll below
S6593, ,432 900 in the preceding
week, but 1857 above s6645 .842 900
in the same 1912 period, Dun &
Bradstreet. Inc, reported. Impor-
tant city gains over a year ago:
Omaha, 1885,: Minneapolis, 427et:
Portland. Greg, $780,. Atlanta.
37.3T; New Orleans. 3l9Gs: San
Francisco, 271T. Pittsburgh and
Cincinnati reported small declines.
Improved Shipping Conditions in
the second 1943 quarter were re-
flected by a 409o gain in exports
and an 1870 gain in imports, COM
pared with the preceding three
months. the Commerce Department
reported In the first half of this
year. exports totaled S5,488 900 900,
a new all-time record for the period.
and 579t above the same 1912 period
Freight Loadings in the week end
ed August tota,ed 872076 cars.
decline of 1.5po from the preced-
ing week and a gain of 2.6Go over
year ago. the Association of
American Railroads revealed
Engineering Construction Awards
in July totaled 1896 ,288 900, COM
pared with s274 ,4e3 900 in June and
81 ,206 $4,000 in July last year, En-
gineering News Record announced
Gasoline Supplies on August 7
totaled 73,368000 compared with
74,97700 a week earlier and TO-
$4,000 a year ago, the American
Petroleum Institute announced
The index of civilian gasoline and
oil supplies on the eastern seaboard
stood at 3479o of normal on Au-
gust, compared with 34.99o a week
earlier.
July Dividend Payments amount
ed to 1891 100000, decline of go
from the same 1912 month, the
Department of Commerce esti-
mated. For the first seven months
of this year, payments totaled ST.
e3S 900, 900, a drop of only 10 from
a year ago.
Transcontinental G. Western Air,
Inc, earned $732,578 or 76 cents a
share in the first half of 1943. COM
pared with $422,416 or "A cents a
share a year ago.
Eastman Kodak Co. earned S3,532.-
500 or 1888 a share in six months
ended June IL, compared with ST.
462 1856 or 1924 share in the same
period last year.
Timken Roller Bearing Co. earned
s3.l12,832 or $129 share in the first
half of this year. compared with
S4,786 ,955 or $l98 a share in the
same 1912 period.
American Laundry Machinery Co.
earned $614,032 or s1.13 share in
the first half, compared with s565 $40
or Sl.04 share a year ago.
Montgomery Ward & Co. sales in
July totaled 1911 ,462, a decline of
17%a from s42520,745 in the same
1912 month. In six months ended
July 81, sales were $302 ,341, ,97l. or
31ea above s293, ,187, ,708 year ago.
Braniff Airways, Inc, is planning
$4,000, 900 expansion program. in
Guiding establishment of feeder lines
and extension of the airline into
foreign fields, it was disclosed by
President T. E. Braniff. who added
that stockholders would be asked to
authorize an increase in common
stock from 100000 to 100000.
Chicago, Milwaukee, st. Paul &
Pacific Railroad was turned down by
the ICC on it's request for a recon-
sideration of the reorganization
plan.
Union Oil Co. of California earned
So ,084 ,563 or 66 cents a share in six
months ended June 30, compared
with $2859, ,769 or 81 cents share
a year ago
Federal Mining & Smelling Co.
earned $465,786 or s1.89 a share in
the first half of 1943, compared with
s848, ,481 or s344 a share in the same
1912 period
Liquid Carbonic Corp. earned
S403 ,456 or 81 cents a share in June
quarter, compared with $51l,469 or
65 cents share a year ago In nine
months ended June 30, net was
S587 ,908 or 81 cents a share against
1912 ,497 or sl05 a share a year ago.