Evening star., 1947-08-01
Business Briefs

Money In Circulation oeCllned 10
s28, ,129 000, 900 on July 80. a drop OF
$4,000, 600 from week earlier and
s125,o0o. 900 below year earlier
Federal Reserve Bank.
Stock Exchange Membership sold
today for $4,000, gain OF $4,000
from the previous transfer, and
equal the years high set in January.
The years low of $4,000 was paid
May 13.
Duquesne Light Co. registered with
the SEC $4,000, 900 Of 30-year first
mortgage bonds to finance redemp-
ton Of 31z% bonds, due 1868, at
fosA.
Peppereil Mfg. Co. declared an
extra dividend of S1.25 and regu-
lar quarterly OF rs cents, both pay
able August Is.
American Chicle Co. declared a
dividend of 50 cents new common
share, payable September Is. Prior
to a 3-for-1 split, the firm paid 81
quarterly plus extras.
New York, New Haven & Hartford
Railroad reorganization committee
asked ICC permission to distribute
s8.S11.73i of cash against secured
claims and change the date for COM
outa ton and capitalization of claims
from July l, 1S43, to July i. ls47.
Lima Locomotive Works and Gen
eral Machinery Corp. are negotiat-
ing for a merger, officials said. No
details were revealed
Standard Oil Co. of California
earned s40,sos 200 or 1914 share
in the first half of ls47 VS.. s31,254.-
0e1 or s2.40 a year earlier.
Bethlehem Steel Corp. profit for
the June quarter was $12 2,40s 1866 or
sa.sl vs. $1s,oe0,426 or s4.s4 in the
preceding quarter and s14,447, ,2o7 or
sA.2s in the same 1s4e period.
Continental Oil Co. earned S16,-
17o,3ss or $3.4o in the hrst half Of
1s47 VS.. $5,473,l4l or SLIT q year
earlier
Commonwealth Edison Co. net in
come for the first half was $l6.514,-
? o4s or S1.20 VS.. s14.032.207 or $1.02
In the same 1916 period
National Steel Corp. earned $l3.-
1o0.S15 or $5.s7 in the first half VS..
s7,ss6.344 or s345 year earlier
United States Rubber Co. profit
for the first half was $ll l,020, ,729 or
s4.7s, after provision of $1,000. 900
for adjustment of certain raw mate
rials. VS.. $9,906,Ss6 or s4.15 in the
same 1946 period.
Tide Water Associated Oil Co.
earned s10.906.572 or s163 in the
first half VS.. 1888 663 or Sill a
wear earlier.
Borg Warner Corp. net income
for the first half was 1899 sos or
s4.13 VS.. sisl4.soo or rs cents in the
same 1916 period.
Electroinx Corp. earned s2,0e5 $40
or s1.7o Ia the first half US. 81, ,33e, ,s15
or s1.o5 o year earlier.
Charles Pfixer 4 Co. net for the
first half was $4,o27 ,o7s or $2.72 vs..
se,47e,s34 or $4.37 in the same 1916
period. -
Pittsbursh Steel Co. earned ST.
1865 In the first half VS.. a deficit
Of s1,53S,575 year earlier.
Mccall Corp. net for the first half
was sl,7ss,4 ,43s or $3.42 VS.. s2,0s1, ,256
or s3.ss.
Food Fair Stores earned 81 ,579. .789
or % cents in 10 weeks ended July
IL VS.. $2,oll,s1s or sl.30.
Mohawk Carpet Mills, Inc.. profit
for the tirst half was sl,23s ,250 or
s2.33 VS.. 81 ,240,2 ,297 or S2.34
Coca Cola international Corp.
earned 81, ,23l ,s57 or 1914 in the first
half VS.. St,242,l77 or $685..
Powdrell e. Alexandra. Inc. net
for the first half was sss4, ,o33 or s1.s5
VS.. 1927, $40 or 1921.
United States Industrial Chemi-
eah, Inc- earned sssi,7lo or SLIT in
the June quarter VS.. ssss,s or s1.33
Lambert Co. profit for the ffrst
half was s7o3,s0e or "a cents vs.. s2,-
i2o,431 or s2.s4.