Evening star., 1944-07-25
Business Briefs

states have Invested more than
$4,000 900, 900 in Government bonds
and their financial condition is
better than it has been in half a
century, declared Frank Bane, eX-
ecutive director of the Council of
State Governments. before New
Yorks Joint Legislative Committee
on Interstate Cooperation.
Cincinnati Union Terminal Co.
asked 1CC authority to issue S24,-
100000 of 2@4 20 first mortgage
series G bonds to replace an older
series, SID D issue of the same
amount
Birmingham (Ala.) Electric Co.
registered with the SEC $4,000 900
of first mortgage bonds. due 1874.
Proceeds with general funds will be
used to redeem Sl0,000,000 of Az %
first and refunding mortgage bonds,
due 1868, at 1910 and accrued in
terest.
Florida Power Corp, subsidiary
of General Gas, filed with the SEC
a statement covering 10000 shares
of Sl00 par value cumulative pre-
ferred stock. Proceeds will be used
for refunding.
General Foods Corp. earned S.
526,3l7 or SO cents share in the
first half, compared with $3.50 03l
or ST 06 on fewer shares a year ago
Net for June quarter was $2,067 SIT
or 81 cents VS.. S2,467 ,789 or As cents q
year ago.
National Biscuit Co. net for the
June quarter was S2,458,500 or 81
cents a share VS.. s2.526447 or 3;
cents in the same 1943 period
Consolidated Edison Co. earned
32,984 ,233 or sl92 a share in Il
months ended June 30. compared
with S3l9l1 ,442 or Sl83 in the pre-
vious year
Loose-Wiles Biscuit Co. net for the
first half was 1891 ,443 or SlS4 VS..
S674908 or ST 80 a year ago.
Continental Baking Co. earned
Sl,414,395 or Al cents in q weeks
ended July l, compared with 81 $685.
8l2 or 81 cents in the like 1943 pc
riod.
Remington Rand. Inc, estimated
earnings for the June quarter at ST.
340,731 or 81 cents share VS.. $8l3,-
953 or IS cents year ago.
Brunswick Bake COllender Co.
earned S3S9419 Or 70 cents share
in the first half VS.. $4ll,3l4 or 78
, cents in the same period last year.
National Tea Co. net for "a weeks
ended June II was S223,830 or 80
cents VS.. $l69748 or 21 cents in the
like 1943 period.
Clark Equipment Co. earned ST.
309,547 or S5.32 in the first half VS..
S978,67l or 1898 a year ago
Bridgeport Brass Co. net for the
first half was 1894 ,103 or 81 cents VS..
S747,843 or 73 cents in the same 1943
period.
Webster Eisenlohr, Inc, net for
the first half was $370,043 or 80
cents VS.. $296,673 or 10 cents a year
ago.
Barber Asphalt Corp. earned $373,-
100 or 95 cents in the first half VS.
S277,030 or II cents in the same 1943
period.
Corn Products Refining Co. re.
ported net of $3,284,939 or 96 cents
a share in the first half VS.. 1894.
724 or $l24 a year ago.
Eaton Mfg. Co. net for the first
half was 81 I964,98 or $277 a share
VS.. s1,989,596 or $2.38 in the same
1943 period.
Climax Molybdenum Co. earned
Sl,6S5, ,492 or 81 cents share in the
June quarter VS.. $2,458,685 or 98
cents a year ago.
Congoleum-N Nairn. Inc, net in the
first half was $849,962 or 68 cents
VS.. S659,759 or So cents in the same
l943 period
Kroger Grocery & Baking Co.
sales in four weeks ended July Is
were S35 ,255 ,558. an. increase of 79co
from a year ago; for % weeks ended
the same GATE. $235, ,809,8 9,842, gain
of 3.6%.