Evening star., 1944-08-15
Business Briefs
Nearly Half the Formulation of th

Nearly Half the Population OF the
United States now is included in a
total labor force of IS 600 900 persons,
including the armed forces, accord
ing to Brig. Gen. Leonard P. Ayres,
Cleveland economist. In 1910 it to-
tailed 56,900,000. Persons engaged in
war activities have increased 18,000,-
900 since 1910, he added
Uncle Sans Stockpile of Copper
Is expected by trade circles to in
crease 10000 to 10000 tons this
month to around 100000 and ex-
pand further in September. This
will reverse the decline which
started early this year as result
of a jump in production of heavy
caliber shell cases.
Illinois Central and the Chicago.
ST Louis & New Orleans Railroads
were authorized by the ICC to issue
S8,700,000 of joint first mortgage
series D 40 bonds to be exchanged
for like amount of Illinois Cen
tral leased line stock certificates.
Chesapeake & Ohio Railroad
asked ICC permission to issue 81
100000 equipment trust certificates
to finance 80ol of the purchase Of
1850 50-ton hopper cars.
Chicago & North Western Rail-
road asked ICC approval of S.
10000 of equipment certificates to
finance 75Ho of the cost of 1000
50-ton box cars.
Bendix Aviation Corp. earned
Sl2,159, ,486 or S574 a share in nine
months ended June 30. compared
with Sill 1895 93l or s5,67 in the same
period year ago.
Consolidated Natural Gas Co. net
for the first half of 1914 was S6870,-
069 or. $252 a share VS.. S7267 ,961
. or 81 sc in the same l943 period.
Beneficial Industrial Loan Corn.
earned S2,065,7l2 or ga cents a share
in the half VS.. 50 209O,996 or 95 cents
a year ago.
Colgate e-Palmolive-Peet Co. re-
ported net income of S3,103324 or
s1.45 a share in the half VS.. $2,986, ,773
or $139 in the same period last year.
National Container Corp. net for
the half was $588.965 or $l78 a
share VS.. 1851 ,625 or Sl09 in the
same 1943 period.
Charles E. Hires Co. earned S449,-
626 or $l08 in nine months ended
June 30, compared with S498,550 or
$1.19 year ago.
Flintkote Co. net for g weeks
ended July Is was $762.073 or II
cents share vs. $479 929 or 50 cents
on fewer shares in the corresponding
1943 period
Consolidated Cigar Co. earned
$685. ,806 or $l.85 share in the first
half of 1914, compared with s683, ,256
or $1.54 year ago.
American Hide & Leather Co. re-
ported profit of $414,853 or "a cents
a share for the fiscal year ended
June 80, compared with $685. 286 or
78 cents in the previous year.
United Carbon Co. net for the
first half of this year was $984,5
or s247 VS.. $947,602 or S238 in the
same l943 months
Columbia Gas e. Electric Corp
earned $11,588,182 or AZ cents a
share in II months ended June 30
compared with $ll,549,419 or AZ
cents in the previous year.
United Air Lines reported mai
ton-mileS in july set an alltime rec
ord 1870 above year ago, while eX-
press IoH-IHIeS Weie o 70 pelo" d
year ago.
Continental Can Co. acquired out
standing capital stock of Cameron
Can Machinery Co. for $4,000,000
Monsanto Chemical Co. at its St
Louis plant on September l will be-
gin volume production of DDT, a
powerful new insecticide for the
armed forces.
Baltimore a. Ohio Railroad Co
carloadlngs in the week ended Au-
gust IL totaled 78,764 VS.. 77,635 in
the previous week and 1888 ayear
ago.
New York Central Railroad elected
Gustav Metzman president to sue
ceed Frederick E. Williamson. who
resigned because of Ill Aealth.