Evening star. [volume] (Washington, D.C.) 1854-1972, 1944-08-09
Business Briefs

ELECTRIC ROVER fEOQuCL1On rose 10
1899, $4,000 kilowatt-hours in the
week ended August 5, compared with
4,390,762,000 in the previous week
and was 37oo above 4,240,638, 900 in
the like 1943 week, the Edison Elec-
trio Institute reported.
Demand Deposits of member
banks in 10l leading cities totaled
$50, 5e7 ,000, 900 on August 2, a gain
of S94000,000 from a week earlier,
but S149,000,000 below a year ago
the Federal Reserve Board disclosed.
Cash Dividends in July approx
mated $4,000, 900 VS.. 1884, 10000 a
year ago, in sevent months, Sl,979,-
100000, gain of 81 over a year
ago, according to the Commerce
Department
Steel Production in July totaled
7,474,297 tons of ingotS and cast.
ings, compared with 7,2l7,232 in the
previous month and 7,407,87b in
July, 1913, the American Iron &
Steel Institute announced.
Short Interest on the New York
Stock Exchange totaled l:327,64l
shares on July 81, compared with
l,287,970 month earlier.
Atlas Corp. has no plans for an
investment in Graham-Paige, an
official said in response to rumors
of Atlas plans for merger of auto
companies. Asset valhe rose to
S21 IL common share on June 80
VS.. S1901 on December 81.
New York Central Railroad asked
ICC permission to issue S15,5OO 00(
of equipment trust certificates tt
finance about 49, of the purchase
of the purchase of $21,067,00 worth
of cars and locomotives.
International Paper Co. earned
S3,94l ,273 in the first half of 1914 VS.
81 34320l or Sill in the same 1874;
period
REQ Motors. Inc, net for the halt
was S958,443 or S2.06 VS.. 1858, 683 OF
S2.06 year ago.
Packard Motor Car Co. earned
S2,151,737 in the first half of 1914
compared with s1,974 ,488 a year ago
Sales totaled S23l.117,176, a jump of
44Fo over a. year ago.
Household Finance Co. net for the
half was S2,2l5,474 or S2.44 a share
vs.. S2,240,523 o. $2.48 in the same
l943 period.
Ohio Oil Co. earned $7,959.891 OF
Sl.21 a share, before renegotiation
N six months ended June so. COM
Jared with $6,432,52 or 81 cents a
ear ago.
Electric Storage Battery Co. net
)r the half was 81 ,0O4, TAT or $1.1O a
rare VS.. $1,012,245 or Sill in the
me 1943 period.
Continental Oil Co. net for the
st half of this year was St GOT ,25(
Sl4l share VS.. $6,857 1854 o.
As in the same 1943 period
Certain-teed Products Corp
1rned $290,076 or $4.30 a preferred
lare in the half VS.. $240, 676 or SO s.
preferred share a year ago.
TranscOntinental & Western Air
nc, announced its July mail anc
express volume out of La Guardis
Field was 44To above year ago
and a new company cargo record
Montgomery Ward & Co. sales fol
July totaled $43,88,354, gain of 5%
over year ago; for six months
ended July 81 $3.50, 299 ,546, decline
of 1870.
]. C. Penney Co. sales for Jul.
totaled $36, 795,579. gain of TIC
over a year ago: for seven months
$267 All, 734, an increase of 500.
G. C. Murphy Co. sales for Jul,
totaled $6,697 1922. a gain of 39G,
from a year ago: for seven months
S45,716,142, an increase of 32%o.
United States Plywood Corp. sole
10000 shares of 41aTo cumulative
preferred 500 par value stock, serie.
B, to a group of institutional in,
vestors at 102 and accrued dividends
Proceeds were added to working
capital
Huylers cleared all dividend &C.
eumulations on its first preferred
stock with declaration of ST q
share, payable September Il
holders Of record August Is.