Evening star., 1944-08-08
Business Briefs

The 1914 Cotton Crop was eStl-
mated at II ,022 900 equivalent 500
pound bales by the Agriculture De-
partment in its August l report.
Last years crop was 11.428, Isl bales,
and the 1912 total was 12,819 ,506.
Acreage was placed at 20,08l 900 VS..
2l8l8,000 in l943 and 22.6l8,000 in
1914.
Chain and Mail Order Sales in
June approximated S1,258 900 900
while those for the first half reached
S7,177, 100000, the Commerce De-
partment estimated. Figures for
both periods were 40 above a year
ago.
Central New York Power Corp
asked SEC approval of proposed
assurance of $50,000,000 general
mortgage bonds, due 1874, with an
interest rate of not more than go,
to finance redemption of 100000
334T bonds and s5,000,000 312 %
bonds.
Cincinnati Union Terminal award
ed $24 600 900 of 234eo 30-year bonds
to banking group headed by Leh-
man Brothers on a bid of 10108.
Bonds were reoftered at 10l.85 less
dealer commission of as of a point
United States Steel Corp. banked
a blast furnace at Braddock, Pa,
because the iron is not required -
Steel finishing units have been
slowed by the manpower shortage.
United Air Lines earned $2,924 1897
in the first half VS.. $2,l53 400 a year
ago. Net for the June quarter was
$1,814,754 VS.. S1,170,622.
National Dairy Products Corp. net
for the first half was s6,485 ,474 or
sl03 share VS.. s6,O17,455 or 96
cents in the same 1943 period
Pepsi Cola Co. earned $1,917, 1886
or $l60 in the half VS.. 81 $l,898,352 or
Sl.64 year ago.
General American Transportation
Corp. net for the half was S1676,-
969 or sl.6l VS.. sl,995 .289 or s191
in the same 1943 peeriod.
Liquid Carbonic Corp. earned
S987,431 or $l2l in nine months
ended June 30 VS.. $537 ,9o8 or 81
cents year ago.
First National Stores, Inc, net for
IL months ended April was ST.
235lO4 or S2.73 VS.. s2,465 ,O79 or
$30l in the previous fiscal year.
Follansbee Steel Corp. reported
net loss of $379509 in the first half
of 1914, compared with a profit of
SAP, GAL or S1.74 a share in the same
1943 period.
AdamSMillis Corp earned $780,
7l0 or Sl93 a share in the half VS.
s3l3,589 or S201 a year ago.
United Gas Corp. (Delaware) re-
ynnrfnH oor,oitooc ofrin1 f0
plus in IL months ended March 81
totaled S7,4l7,327 VS.. $7,976,918 in
the previous year.
Majestic Radio & Television Corp.
earned s201,l10 in II months ended
May 81. compared with $236,678 in
the preceding fiscal period
Pure Oil Co. net for the half was
$6,500, 900 or $1.14 VS.. $500 900 or 81
cents year ago,
F. w. WOolworth Co. sales in July
totaled S34,646,754, a drop of IL
from year ago; In seven months
$238, 8,574,359, a gain Of l.1To.
5. S. Kresge Co. sales for July
were $9,516,66l, gain of 10; in
from a year ago; for seven months
$l10, $3.50, ,283, a gain of 3.6%.
S. H. Kress. & Co. sales in July
were $9,516,661, gain of 10; in
seven months, $66,872 ,449, an in
crease of 2.69o.
J. J. Newberry Co. sales for July
totaled s7,16l,77l. a drop of 12%
from year ago; in seven months
S4855l 500, a gain of 4.7%.
Walgreen Co. sales in July were
S9,867 ,426, gain of go over a year
ago; in seven months, $67,137,1 ,164, an
increase of $50.
Lerner Stores Corp. sales for July
were $6,870,2l3, an increase of
19.4%; for six months ended July
81, s40,875,857. gain of 109ee.
w. T. Grant Co. sales for July
totaled S12,31l.0l5. a gain of 1.1%
over year ago; for seven months,
$85.572.733. an increase Of so.