Evening star., 1944-07-21
Business Briefs

Money In Circulation totaled S22,-
53l ,0OO,00 on July l9. drop of $780,
100000 from a week earlier. but 81
825 100000 above a year ago, the
Federal Reserve Board reported in
its weekly summary of member
banks. Gold stock totaled s2l .047. =
100000, decline of SGT 900 900 from
week earlier and sl.300,000 900 be-
low year ago.
Department Store Sales in the
week ended July Is were a.; above
a year ago, while those for four
weeks ended the same date were
llro higher, the Reserve Board also
disclosed
Central New York Power Corp.
petitioned the State PSC for au-
thorlty to issue and sell $4,000, 900
of general mortgage bonds to finance
redemption of 5000 900 3a4 % bonds
of 1862 and s5,000,00O 3l2cs bonds
of 1865.
Standard Oil Co. New Jersey)-
earned approximately ST. 900 900, or
$3.50 share in the first half. COM
pared with S48,000,0OO, or SITS in
the same 1943 period, President
Eugene Holman estimated.
Texas Gulf Sulphur Co. net for
the June quarter was $2,472,418 or
64 cents a share VS.. S2092, ,l2O or 81
cents a year ago.
General Electric Co. net for the
half was S20,77070O or 70 cents a
share VS.. S2l,061629 or 73' cents in
the same l943 period.
Atlantic Refining Co. earned ST.
$4,000 or $27l a share in the first
half VS.. 1882 900 or 80 cents year
ago.
Nash -Kelvinator Corp. net for the
cents VS.. S809.08 or 19 cents a year
ago.
Worthington Pump g. Machinery
Corp. earned S2,229,26 or S679 in
the first half VS.. $l,814,8 ,887 or S5.47
a year ago.
West Virginia Coal & Coke Corp.
net for the half was $595 500 or 81. .49
share vs. S257,894 or 81 cents in
the same 1943 period.
Houdaille- Hershey Corp. earned
S885,919 or IS cents on class B stock
VS.. s1,034,845 or $lO4 year ago.
Reliable Stores Corp. earned S876
268 or $3.50 a share in IL months
ended June 80 VS.. SITS, 200 or $197
in the previous year.
PENNSYLVANIA Railroad net for five
months ended May 81 was S23 ,220,-
803 or S1.76 VS.. $33,321 OH or $2.53
a year ago.
Union Pacific Railroad System re-
ported net of $l7454,476 or $685. a
share in the first half, compared
with S24,750,789 or $l0.42 in the
same period last year.
American Steel Foundries earned
Sl,627,258 or S137 a share in nine
months ended June 80 VS.. $2,476, ,799
OF $209 a year ago.
Owens Illinois Glass Co. earned
$8,941,173, or 1886 share in IL
months ended June 80 VS.. 9,146, lib,
or $344, In the previous year.
Farnsworth Television e. Radio
Corp. earned sl,137,112, or 81 cents
a share, largest net in its history, in
IL months ended April 80. compared
with $1,094, ,005, or 78 cents in the
previous fiscal year.
John r. Thompson Co. reported
earnings of $273.86l. or SO cents a
share, in the first half, compared
with $443,744, or $l50, in the same
1943 period.
Lehigh Valley Coal Corp. net for
the first half was ST ,006, ,299, or $4.43
a preferred share, compared with
$3.50 or $237 preferred share a
year ago.
National Container Corp. declared
q stock dividend in the nature of a
stock splitup and will issue one
share for each share held on Sep
tember IL to holders Of record
August Is. Outstanding shares will
be. increased to 660, 1854.
Louisville & Nashville Railroad Co.
declared a dividend of So q common
share, payable August 80 to holders
OF record July a. The company
paid 81 in March.