Evening star., 1947-07-25
Business Briefs

Money IN Circulation QeCIllleu W
s28, las 600, 900 on July %, a drop OF
10000 900 from a week earlier and
was $42,OO0,O00 below year ago
Federal Reserve Bank.
Auto Production in the United
States and Canada will total 82,7l2
cars and trucks this week VS.. 1O3,O9l
last week, 84,720 year ago and
los, ,635 in the like 1941 week-Ward S
Automotive Reports.
Higher Steel Prices were an
nounced by Republic Steel Corp. on
rolled carbon and alloy bars, cold
finished bars, hot and cold rolled
sheets and strip and related proc
ucts. Averaging less than 81, the
increases ranged from Is to 40 cents
per hundred pounds.
United Gas Corp requested SEC
approval of a financing program IN
volviny issuance and sale OF $llo,-
500 900 of 2O-year 2$a % first mort
oape and collateral trust bonds.
Quaker State Oil Refining Corp.
declared an extra dividend OF 10
cents and a regular quarterly OF 81
cents, both payable September Is.
profit for the first half of 1947 was
s1.655,599 or $1.79 VS.. $1,246,144 or
S1.34 year earlier.
Union Pacific Railroad System
earned $2o,601, 1884 or S8.37 snare
in the first half of 1947 VS.. S9'9o9'-
4o6 or 1886 year earlier.
sMonsanto Chemical Co. reported
net income of $9,275,133 or S2.23
far the first half VS.. S6l85,234 or
sf48 in the same 1916 period.
Corn Products Co. profit for the
fist half was s8.973,578 or 1921 VS..
st2ls,257 or IA cents in the same
l&e period.
American Radiator g. Standard
sanitary Corp. earned $7l57,000 or
"a cents in the first half VS.. $l,757,-
o0O or 16 cents a year earlier.
continental Baking Co. net for 26
weeks ended June 28 was $3.50 ,643
on Sill VS.. $2,693,054 or s185 in the
like 1946 period.
*American Home Products Corp.
earned $2,807,751 or 73 cents in the
first half VS.. S4,516.296 or S1.31
year earlier.
American Steel Foundries profit
for nine months ended June 80 was
Sfe5l.439 or S164 VS.. S457 ,693 or 80
cents.
.HazeI-Atlas Glass Co. earned
S1.349.806 or 81 cents in three
months ended June % VS.. $1,783,775
OF 80 cents.
eAir Reduction Co. net income for
tie first half was S2.926.640 or SLOT
VI s1.739. .689 or SO cents in the same
1916 period.
eCongoleum Nairn. Inc, earned
sS.554 $40 or $2o5 in the first half
vi s696, ,425 or 56 cents a year earlier.
kGeneral Gable Corp. net for the
hSst, half was $3,265,910 or $1.48 VS..
al deficit of $1,00S,s3s in the same
1916 period. -.--
koppers Co. earned s3,347,716 or
sf73 in the first half VS.. $408, 500
Oh 6scents year earlier.
sWestinghouse Air Brake Co. profit
far the first half was $6,57S,155 or
s1.07 VS.. S4,792,7l0 or $1S5 in the
same 1916 period.
Eastern Gas e. Fuel Associates
earned s6672.775 in IL months ended
June-30 VS.. 4,458,778 in the previous
= year.
sCrewn Cork e. Seal Co. and do
nnestic subsidiaries reported a profit
Of sl.8Sl,830 or S2.66 for the first
half VS.. s1,2O0857 or sl.53.
sNewport Industries, Inc, net in
come for the first half was $i,792,-
aaases zs2.75 VS.. s944,712 or $l.38.
$cgrYing Glass Works earned ST.
3z2.754 or As cents in the first half
vsss1. .129,331 or 80 cents a year
sarlieg.
MWafd Baking Co. net for q weeks
e1lieti July was s1,150,892 or l.35
vSxI3l4,174 or s157 in the like
1915 period.
Cooper-Bessemer Corp. net for the
frst half was s963,766 or $3.50 VS..
sl2o2l in the same 1916 period.