Evening star., 1945-08-10
Business Briefs

money IN circulation rose to SIT, -
269,000,000 on August 8, a gain of
S139,000,000 from a week earlier and
S4,359 100000 above a year ago, the
Federal Reserve Board announced.
United States Steel Corp. reported
shipments of finished steel products
in July totaled 1,608,994 net tons VS..
1,608,994 in the previous month and
1854 ,525 year ago. In months
shipments totalsd 11,733,953 tons VS..
12,387,379 a year ago.
Consolidated Vultee Aircraft Corp.
announced its Stimson division
signed contracts with Western
States Aviation Corp, California
sales organization, for $1,000, 900
worth OF private planes.
American Power g. Light Co.
asked SEC permission to sell pri-
vately $4,929 900 of Florida Power &
Light Co. 41sqo sinking fund de-
bentures and S4,900,000 of Texas
Power g. Light Co. "a % first mort
gage bonds, and use proceeds to buy
common stock Of Dallas Power &
Light Co.
Western Union Telegraph Co
profit for II months ended June sc
was $9,173,274 or $744 on class A
stock and $544 on class B stock VS.
$7,272,9 ,929 or $3.50 on class A and
1888 on Glass B in the previous year
Tide Water Associated Oil Co. and
subsidiaries earned $8,982,0O4 or
$1.22 share in the first half VS.
$6,818, ,342 of 80 cents a year ago.
Ingersoll-Rand Co. net for the
halk was SS,175,687 or $500 VS.. ST.
995, ,f69 Or 1898 in the same 1914 pc
riod.
Empire Gas g. Fuel Co. earned
$6,045, los in the half VS.. $5,844, ,502 a
year ago.
General Aniline G. Film Corp.
earned 81 ,927 900 or S263 on class A
stock in the half VS.. $1,971 900 or
$3.50 year ago.
American Hide & Leather Co. net
for II months ended June 80 was
$628,797 or II cents VS.. $414,853 or
"a cents in the preceding fiscal
period.
Interchemical Corp. profit for the
half was $671 ,879 or $1.59 VS.. $522,-
440 or SLIP in the same 1914 period
Edison Brothers Stores earned
$677 ,295 or $1.54 in the half VS.. $485,
845 or SLOT year ago.
Southeastern Greyhound Lines
profit for the June quarter was $685.
294 or 81 cents VS.. $540,196 or ST. in
the same 1914 period.
Briggs g. Stratton Corp. earned
S490,737 or $165 in the first half VS.
$595 sos or So a year ago.
Federal Motors Truck Co. net fol
the half was $468,60l or 95 cents
VS.. $553, ,424 or SLIP in the first hall
of 1914.
Lily Tulip Cup Corp. earned s427,-
299 or 81 in the half VS.. $344, ,260 OF
$l.8l year ago.
United States Plywood Corp net
for IL months ended April 80 was
S1,215,000 or S3.72 VS.. $878,000 OF
$2.71 in the preceding fiscal period
j. c. Penny Co. sales for July
totaled 5000, $50, a gain of 0.51 q
from year ago; for months, $278,.
089,245, an increase of 398To.
Associated Gas g. Electric Corp
reorganization plan was approved
by Federal Court.
Chicago, Rock Island g. Pacific
Railroad trustees will ask Fedora
Court authority to pay creditor.
$4,000, 900 cash Immediately as pro.
vided by the ICC plan for reorgani-
Zation.
Hudson Motor Car Co. expects Il
return to the 800, ,000-car annua
production peak it attained in tn,
late l920s, said President A. E
Barit.
Pennsylvania Railroad agreemen
to settle for SIS, 600, 900 suits brough
against it by stockholders of Penn
road Corp. was approved by Vic
Chancellor George B. Pearson, jr
at Wilmington, Del
Philadelphia & Reading Coal 4
Iron Co. sold 10000 unsubscribe,
shares of its recent common stocl
offering to Carl M. Loeb, Rhodes 4
Co. and Villas g. Hickey. The for
mer paid 14A for 10000 and tn
inter 1894 for 20,009.