Evening star., 1946-08-02
Business Briefs

Money in Circulation expanded to
s28,245, 100000 on July 81, a gain
of S58,000,000 from week earlier
and S1,115,000 900 above year ago
The Federal Reserve Board
Railway Net Income of class !
carriers in June approximated $13.-
100000 vs.. s65, ,754,740 a year ago
Association of American Railroads
Auto Production in the United
States and Canada this week de-
clined to 1890 units VS.. 84,720 last
week, 1880 a year ago and 62,146
in the like 1941 Week-Ward's Auto
motive Reports.
Commercial Credit Co. arranged
a S35 100000 unsecured loan from
Equitable Life Insurance Society
for five years at 15a per cent interest
General Motors Corp. sold S125,-
100000 of long-term 212qo notes to
insurance companies.
Hiram Walker G Gooderham &
Worts, Ltd, stockholders will vote
September 20 on a proposed 4-for-l
split in common stock.
LdhC Di Diydhty AhC., SeOChllOlucli
will vote September 9 on a proposed
2-for-1 stock split-up
Southern Pacific Transportation
System earned s8,338,910 or 1921 a
share in the first half VS.. $685.
371 or $5.18 a year ago.
United Light & Railways Co. net
for II months ended June 30 was
slo840,821 or s3.04 VS.. s6970,076 Or
Sl52 in the same l945 period.
National Steel Corp. earned S.
602, ,983 or S2.51 in the June quarter
VS.. s3,453,l63 or S1.56.
General Foods Corp. profit in the
first half of 1916 was S8.435,354 OF
sl.5l VS.. s8,033,05 or sl44
Sterling Drug, Inc, earned S7,301,-
go or sl94 in the first half VS.
s5.563.7 or SLAB a year ago
Continental Oil Co. net for the
June quarter was s2,866,78 or 81
cents VS.. s5.41l,802 or S1.15.
Parke Davis g. Co. earned s10,034,-
05l or s205 in II months ended
June 80 VS.. ST 7,600,566 or S155 in the
previous year.
Union Oil Co. of California profit
for the June quarter was 81 $3.50, ,625
Or SO cents VS.. 1884 ,436 or II cents
in the same 1945 period.
Amerada Petroleum Corp. earned
sl,816,61l or sl.15 in the June
quarter VS.. sl,37l 1923 or 81 cents.
Crown Cork & Seal Co. profit for
the first half was $2207,245 or S1.54
VS.. 81 l,380,535 or S218 on fewer
shares
Electric Bond & Share Co. earned
$8l5,745 Or 78 cents in the June
quarter VS.. S659, ,418 or SO cents.
Crosley Corp. loss for the first
half was $304,048 vs. profit of ST..
3l8,813 in the same 1945 period.
Electric Auto-Lite Co. loss for tn,
first half was $379,630 VS.. profit O
S2,721 500 In the same 1945 period
Crucible Steel Co. earned $1,695,
o34 or 1892 in the June quarter, in
cluding s219,05l from war contrac
settlements.
United Gas Improvement Co. ne
for the first half was 1882, ,669' O.
s104 VS.. s772,355 or 40 cents in thu
same 1945 period
Hinde e. Dauch Paper Co. earne,
S356,9l6 or Sl.80 in the first half VS.
S656,63o or sl.58 on fewer shares.
Noblitt-Sparks Industries, Inc
profit for the June quarter wa,
s482,575 or s1.62 VS.. 1855 ,989 or 81 .2(
Evans Products Co. earned s345.5
or Sl.42 in the June quarter v.
$129,665 or SO cents.
Cutler-Hammer, Inc. net for tn
first half was s459 .625 or 10 cents v.
1854, ,374 or 98 cents.
r. g. LIE Tourneau, Inc, earne
S445,274 or 73 cents in the frs
half VS.. 81 ,003, ,l92 Or $210
Reliance Mfg. Co. net for tn
first half was $317.762 or sl.64 v
$530,344 or S226 on fewer shares.