Evening star., 1945-07-24
Business Briefs

DuTdDle OOOuS SHlpIuchtS plOD-
ably will decrease this summer and
autumn because of manpower short
ages and declining Government de-
mands, while increased Government
orders Will hold nondurable goods to
present levels, the Industrial Con-
.erence Board predicted.
Consolidation Coal Co. Stockhold-
RS approved merger into Pittsburgh
Coal Co. Holders of the latter firm
voting at Pittsburgh also were eX-
pected to approve the plan, but the
meeting was adjourned for hours
to permit checking of large num-
Ger of proxies.
Aviation Corp. will consider buy
ing manufacturing facilities of Cros-
ley Corp. alone if they can be sep
arated from broadcasting divisions
and terms are satisfactory, Chair
man Victor Emanuel said at an FEC
hearing.
BulOva Watch Co. stockholders
approved a plan to exchange each
common share now held for 2 shares
Of new SIS par common and increases
authorized common from 500, 1000 to
100000 shares.
Southern Railway ordered 81 loco
motives for delivery this year anC
early in 1916, including 10 large
Diesel freight engines, 6 Diesel pas
senger engines and 81 switching en-
gineS.
Shell Union Oil Co. earned S16,-
957, 7,437 or SIPS a share in months
ended June 30 vs. S14,507 1853 or $l.0s
{ year ago.
International Business Machines
Corp. earned S5,063,5 ,523 or SAP in
he first half VS.. $4,997,617 or S4.58
year ago.
Pittsburgh Plate Glass Co. profit
for the first half was $7,037 900 or
S318 VS.. $6,970,000 or $316 in the
same 1914 period.
Jones g. Laughlin Steel Corp.
earned $2,357 ,524 in the June quar-
ter VS.. 81 1879 1856 a year ago.
National Biscuit Co. net for the
June quarter was S2,759,59 or 81
cents VS.. S2,459;500 or 80 cents in the
same 1914 period.
Plymouth Oil Co. earned 81 ,004,-
211 or SO cents in the first half VS.
S1,043,172 or $l.01 year ago.
Bridgeport Brass Co. net for {
months ended June 80 was $972, $50
or 81 cents VS.. $634, ,103 of 81 cents in
the same 1914 period.
Tubize Rayon Corp. earned $751; >
467 or 70 cents in 6 months ended
June 80 VS.. $538,921 or sc cents a
year ago.
United Cigar -Whelan Stores profit
for the half was $648, ,376 VS.. $685.
983; for the June quarter, 1857 ,585
VS.. $286, 1923.
Long-Bell Lumber Co. (Missouri)
earned $613,928 or 81 cents in the
June quarter VS.. $685., ,790 or 80 cents
a year ago. Long-Bell of Maryland
earned $91 ,504 VS.. $4,000.
Ruthless Iron e. Steel Corp. net for
the half was 81 ,087 1896 or $115 VS.
S1,024,989 or S1.06 in the same 1914
period.
Beech-Nut Packing Co. earned
sI.O69,129 or S2.44 in the half VS.
S1,267, ,402 or $3.50 year ago.
Barnsdall Oil Co. profit for the
half was S2,272,775 or $1.02 VS.
$1,836,858 or SO cents in the first
, half of 1914.
Bliss e. Laughlin, Inc, earned
S271 ,602 or 81 in the first half VS.
S275 5,907 or $1.02 year ago.
Safeway Stores sales for 28 week
ended July Ia totaled s342, ,0l6,8 .
drop of 1.43% from year ago; TO
4 weeks ended the same date, $40,
712,544, a decline Of 49l%.
General Motors Corp. will inves
close to $20,000,000 in a new tech
nical center near Detroit.
Union Bag g. Paper Co. has or
dered from Rust Engineering Co. |
pulp washing unit and power facili
ties for it's Savannah, Ga, plant t
increase production from 600 to LOO
tons a day.