Evening star., 1944-06-30
Business Briefs

Bumper Crops of most fruits and
vegetables, increased meat and
poultry supplies and continued
heavy fish catches are in store for
civilians in July, the Great Atlantic
& Pacific Tea Co. predicted How
ever, there may be shortage of
butter and the egg surplus is dis
appearing.
Money in Circulation on June 28
totaled $22, ,421, 900, 900, an increase
of $12S, S,000, 900 from a week earlier
and $4,000, ,000, 900 above year ago,
the Federal Reserve Board reported
in its weekly summary Of member
banks.
Department Stores Sales in the
week ended June "A were l50o above
year ago, while those for four
weeks ended the same date were up
So, the Reserve Board also revealed
Life Insurance held by American
families now totals a record $144, ).
oO0, 900, 900, an increase of $40 ,000,.
900 900 since the start Of the wal
and q gain of S., ,000, ,000, 900 since the
first OF this year, the Institute oI
Life Insurance disclosed
Real Silk Hosiery Mills, Inc.
stockholders approved recapital.
ization plan providing for payment
Of arrearages on the 7% preferred
stock through issuance OF new 5%
prior preferred, 500 par value
shares. Exchange will be made or
the basis of 1.6 shares of the new
stock for each of the old shares.
Curtiss- Wright Corp. shipments ir
l943 totaled 1895, ,236,317, a jump
Of 681qo from 1912 and about 15%
of the total volume of the entire
aviation industry. 1t was the first
time that volume of any aviation
company had exceeded the billion
mark. Net income was $l2,883 BAT
around 1go of sales, compared with
s13,143,315 in 1912.
Wright Aeronautical Corp. ship.
ments totaled $579 ,228,172 in 1943
compared with 49,545,67 in 1912
Net was $500 1856, or .62%o of sales
compared with $8,904,7l in the pre-.
vious year.
Warner Brothers Pictures. Inc, re.
ported net profit of So, 1872. .125 or 81
cents a share in six months endee
February 20, compared with $4,131,
1879 or $l.l6 In the same period {
year ago.
Mueller Brass Co. earned $270, ,33;
or $102 a share in three months
ended May 81, compared with 1921
AS or $1.21 in the same 1943 period
Rayoniere, Inc, net for II month!
ended April 80 was $1,688, ,709 or A
cents a share VS.. $l,877, 7,459 or 81
cents in the preceding year.
Reynolds Metals Co. earned $849,'
639 or SO cents share in the March
quarter, compared with $756,621 Of
ST cents year ago.
United Shoe Machinery Corp. ne
for IL months ended February q
was $7,744 ,426 or $500 q share vs.
s7,906, ,099 or 1927 In the previou
year.
Hollander Consolidated Coll
Mines, Ltd, earned $1,156,0l9 or 2
cents a share in six months endet
June 80 VS.. $1,816,473 or 81 cents II
the some l943 period.
Solar Aircraft Co. net for
months ended April 80 was S849 ,98
or Syst share VS.. S5l5,ll6 or SIS
in the previous year.
Sinclair Refining Co. gasolin
sales in the first five months of thi
year totaled 837 026,79 gallons,
gain of around 439o over the sam
l943 period.
Illinois Central Railroad and tn
Chicago, st. Louis g. New Orlean
Railroad Co. asked ICC authority t
issue jointly $8,700,000 of first re
funding mortgage 40 bonds. serie
d. to be exchanged for like amour
OF Illinois Central AZ leased lin
stock certificates.
Packard Motor Car Co. is arrang
Ing with a group of banks for
combination revolving credit an
termination credit of 10000, 900.