Evening star., 1945-08-17
Business Briefs
Civilian Steel Orders on mill bo

Civilian Steel Orders on mill books
at present should maintain opera.
tions near capacity for from 4 to
months and additional orders will
be forthcoming as reconversion is
accomplished, reported Iron Age.
Demand Deposits of m m I
banks in 101 leading cities totaled
S37 ,026, 100000 on August 8, decline
OF $47l 100000 from a week earlier
but S3,497 100000 above a year ago
the Federal Reserve Board disclosed
Electric Power Consumption in
the week ended August II declined
to 1895 1897 900 kilowatt hours VS..
4,432 ,304,000 in the previous week
and 4,415 ,368,000 in the like 1914
week, the Edison Electric Institute
announced.
Edward G. Budd Mfg. Co. recon-
version is $50 complete and the
plant will be engaged entirely in
civilian work within 30 days, an
nounced President Edward G.. Budd
Glenn L. Martin Co. has $3.50 ,000,-
900 of peacetime contracts after Off
cial cutback orders, enough to keep
plants busy for years, and is nego-
tiating for $44,000,00O of transport
craft.
Pullman, Inc, announced a plan
to sell stock holdings in it's sleeping
car operating subsidiary, Pullman
Co., to railroads or other interested
groups Net for the first half was
s5,583 1853 or s1.73 VS.. s5,699, $50 or
$1.76 year ago.
Sinclair Oil Corp. sold $50 900, ,0OC
of 224fo 20-year debentures to in
surance companies to finance retire
ment of all 31zq % debentures of 1851
on October l at 102 and add about
S22,000,0 900 to treasury funds. Profit
for the half was $12,712,4O1 or $1.Oe
VS.. SIS 364,205 or $1.30 in the 1914
period.
Sears, Roebuck & Co. profit for
"a weeks ended July 16 was 12,702,-
148 or $216 VS.. $12,213,571 or $2.0s
in the same 1914 period.
Consolidated Natural Gas Co
earned $6,721, ,708 or $2.46 in the halt
VS.. $6,870,069 or $252 year ago.
International Paper Co. net fol
the half was s4,411 OIL or $1.15 VS.
$3,941,273 or SO cents in the same
1914 period.
Mid Continent Petroleum Corp
earned $3,661, ,799 or $197 in the hall
VS.. s3,317,111 or s1.79 a year ago.
Best Foods, Inc, profit for 1:
months ended June 80 was $2,515,.
SAB or $168 VS.. $3,379,676 or S2.2s
in the preceding fiscal period.
Crane Co. earned $6,261,749 OF
1925 in II months ended June 81
VS.. IS, 5,725,8 1886 or $2.03 in the previous
year.
Columbia Gas & Electric Corp
net for IL months ended June 81
was $13,365,061 or 81 cents VS.. $14,.
503,703 or 66 cents.
Household Finance Corp. earned
S2,422 ,309 or 90 cents in the first hal
of 1945 VS.. $2,215,475 or 81 cents {
year ago.
Columbian Carbon Co. profit TO
the half was $1,671 1862 or $3.11 VS.
$1,667 ,870 or $3.10 in the first hal
of 1914.
General Cable Corp. net for tn
half was $1,378,601 or $9.19 a pre-
; ferred share VS.. $1,125, ,058 or $7.5
in the same 1914 period.
United Engineering e. Foundr,
Co. earned $1,115,916 or $1.33 in tn
nalf VS.. $1,358,147 or $1.62 a yea
ago.
Superheater Co. net for the hal
was $615,302 or II cents VS.. $1,165,
297 or $133 in the first half of 1914
Cushman's Sons, Inc, earne,
1926, $40 in % weeks ended July IA vs.
S310,632 year ago.
Belding Heminway Co. net for tn
half was $267 ,695 or 65 cents vs.
$189,652 or 46 cents in the sam
s1944 period.
Montgomery Ward e. Co. sales 70
July totaled s47, ,158,012, a gain O
74Go from a year ago; for month
ended July 81. $3l0, ,27s91s, an in
crease of 10.7%.