Evening star., 1944-06-16
Business Briefs

Money in Circulation on June IA
totaled 500, 1888, 100000 an increase
of $78 100000 from a week earlier
and $5,144, 100000 above a year ago,
reported the Federal Reserve Board
in its weekly summary of member
banks condition Gold stock totaled
s21, ,2l1 600, 900, a drop of $1,000, 900
from a week earlier and 81, 1,196, ,000,-
600 below a year ago.
Independent Retailers Sales in
May were So above the preceding
month and 1870 above a year ago
the Commerce Department estimat-
ed. Department and apparel stores
showed the largest May gains over
a year ago, both totals being ur
1879.
Back to the Ration List will go
choicer cuts of meat, if present
shortages continue, said Walter F.
Straub, food rationing director for
OPA. He predicted that sugar
would be the last food item to be
removed from rationing.
Auto Gasoline ALLEGATION for the
third quarter will be 1,015,0 barrels
daily, or slightly less than for the
second quarter, ODT announced. No
change in present policies is con-
templated.
Venezuelan Oil Production will be
stepped UP from 10000 barrels to
100000 daily by next January to
fulfill a promise made by American
Oil interests to the United Nations
according to Arthur Proudfit, vice
president and general manager of
Creole Petroleum Co. of Venezuela.
An Early End to Restrictions on
use of aluminium and magnesium
was forecast by the Senate War In
vestigattng Committee, which called
hearing Monday to consider plans
for turning the metals into civilian
channels.
Big Advertisers, those spending
$25, 900 or more in newspapers,
magazines or over the radio. in
creased to l,499 in l943, compared
with 1,207 in 1912 and Ito in 1941,
reported the Bureau of Advertising
OF the American Newspaper Pub
llshers' Association.
Sugar Stocks on June ! Were
about 100000 short tons below E
year ago. the VIA estimated. De.
liveries in the first five months O.
this year were about 428000 ton,
above year ago
Brooklyn Union Gas Co. stock.
holders approved plans to reflnanct
S46,000,000 of outstanding deb
through issuance of $42,000,000 il
new securities and use of 100000
cash.
Pullman Co. earned s492,537 i
April VS.. $492. .84l year ago. Ne
for four months ended April 80 wa
s2,050. .407 VS.. s1,s11,8 a year ago.
Distillers Corp -Seagrams, Ltd.
reported net of s479,757 or lS cent.
share in three months endet
April 80, compared with s2,824,37
or S1.50 a year ago. Net for min,
months ended the same date wa!
s6,690,652 or 1882 VS.. sl0,917, ,733 O.
$3.50 a year ago.
Addressograph- -Multigraph Corp
and Canadian subsidiary earnec
S822, ,604 or $109 a share In min,
months ended April 80, compared
with S844 ,425 or SLIP in the same
l943 period.
Masenite Corp. net for thre,
months ended May 81 was $304,9 oil
or A cents share VS.. $244 320 o
"a cents in the same 1943 period
Dresser Mfg. Co. earned $l,066.
lot or $3.18 a share in six month";
ended April 80, compared with ST.,
280,346 or 1892 year ago.
Sears Roebuck & Co. and its Saw
ings and Profit Sharing Pension
Fund registered with the SEC 1000
memberships and 10000 shares Q
no par value capital stock. Th
memberships represent the maxi
mum eligible within year and tn
shares the number which may b
purchased by the fund for its mem
bers In q year.