Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-07-31
Business Briefs

Electric Power consumption dur
ing week ended July 27 was the
highest since August II, 1945, at f.
352, 469 900 kilowatt hours, compared
with 1928 100000 for the preceding
week and ABA, BAL 900 for the cor
responding week last year-Edison
Electric Institute.
Commercial, industrial and agri-
cultural loans increased $164 600, 900
at member banks in 101 leading
cities during the week ended July
"a. Total loans increased s42 ,OO0,-
000-Federal Reserve Board.
Life insurance companies in the
United States paid out s235 1897, 900
to policy holders and beneficiaries in
May, and 1909 ,9e7 900 in the first
five months of 1946.-Institute of
Life Insurance.
Receipts from income, excess
profits and unjust enrichment taxes
totalling S3,501 .839 900 were s1,1S8,-
$4,000 lower during June than in
June. 1o45. Alcoholic beverages
yielded S7,642,000 more than year
ago. Taxes on retail sales of jewelry
furs, comestics and luggage yielded
S4,258,000 more in June, 1945.
Commonwealth Edison Co. showed
net income of $14 032 POT for the first
six months, equal to $1o2 a share
VS.. 1,765, 126 and 80 cents for the
first six months of 1945.
Jones g. Laughlin Steel Corp. had
quarterly net income of $2,343, 29e
equal to 80 cents per share of COM
mon stock, compared with 50 ,357 ,524
or s101 in 1945.
Sicily Oil Co. showed net income
for six months of $780, s7, equal to
1888 a common share, compared
with $3,269,727, or $3.50 a common
share for 1915.
E. I. du Point de Nemours e. Co.
reported net income of $55, 731 1895
for the first six months of 1916, equal
to $4.67 per common share, VS.. $685.
345,692 or 1898 for 1945.
Union Bag & Paper Corp. quarter
ly net was 1881, lis, equal to s1.1O
share, compared with S508,663 or
40 cents in the same quarter last
year.
SyIvania Electric Products, Inc,
had net profit for six months of
S55S,46s, equal to SO cents share,
compared with S1,595,605, or $l5e
a common share, in 1945.
Houston Oil Co. showed net profit
for the first six months of 1916 OF
S1,025,411, or IS cents a common
share, against $1,349, 705, or SO cents
a common share last year.
Calumet & Hecla Consolidated
Copper Co. six months net was
s525, 028, or Is cents a share, COM
pared with s790,666, or SO cents q
share last year.
General Motors Corp. produced
362,509 passenger cars and truck
units from january l to July q of
this year, compared with 1,710,8O2
vehicles in the same period in 1941.
Illinois Power asked the SEC to
approve the sale of its electric and
water properties in Mound City
Ill, to the Mound City Water &
Light Co., for SIZE, 600. Sale is con-
tingent upon the purchase by the
city of Cairo, Ill, of Illinois Powers
electric and gas properties there for
$1,625, 000
Pepsi Cola Co. had six months net
income of s3,3o0,Oo0, equal to 81
cents a share, compared with 81, $780,
900, or 81 cents, in the 1945 months
Canada Dry Ginger Ale, Inc.
showed nine months net income OF
sl,365,l87, equal to s1.90 a common
share, compared with S1,163, 904, OF
STA a share, in 1945.
Southeastern Greyhound Lines net
profit of s2,60l sos. equal to s479 a
share. compared with sl,920.160. or
1854 a share in l945.