Evening star. [volume] (Washington, D.C.) 1854-1972, 1947-05-08
Business Briefs
Bank Clearings in "a leading cite

ended May 7 VS.. $11,208, 236 900 in
the preceding week and we're 49%
above S12,266, 475000 year ago
Dun & Bradstreet.
Freight Loadings in the week end
ed May totaled 1872 ,684 cars, a
drop of 1.2%o from the previous
week, but 31.5% above year ago
Association of American Rail-
roads.
International Harvester Co. sales
In the first half of the 1947 fiscal
year reached the highest levels for
that period In war or peace, said
President McCaffrey. They totaled
S342,211 900, jump of 98.1% from
q year ago.
Industrial Rayon Corp. declared
a dividend of 62la cents a common
share, payable June IL. Previous
payment was so cents.
Underwood Corp. declared a divi-
dend of IS cents a share, payable
June 80. Previous quarterly pay
ments were so cents plus ST. year.
end payment in December.
Greyhound Corp. set June as the
record date for stockholders who will
receive two additional common
shares for each share held as a re-
suit of 3-for-1 split.
S. S. Kresge Co. sales for April
totaled S21, 720. 499, gain of 31%o
from year ago; for four months,
S74, 200. rise of 6.7%o,
Bond Stores sales in April totaled
$6,759,981, rise of $50 from a year
ago; in four months, SOS. 433 1903. an
increase of 1857.
Western Auto Supply Co. Mis-
souri, sales for April totaled s9,674,-
900, gain of 223% from year ago;
for four months, s3l ,691 900, an in
crease Of 5.2es.
S. H. Kress & Co. sales for April
totaled Sl2,669 1852. a gain of 3.1%
from a year ago; for four months,
s46,643 o64, an increase of 1885,.
American Can Co. hopes to pro-
duce more than two million beer
cans IN 1948. said w. c. Stolk, vice
president. New machinery is being
installed in the East and Midwest
w oDOub OouUlC prevail Capacity.
General Motors Corp. earned $685.
$1,000 or SLAP in the first 1947
quarter VS.. a net loss of S36,124 1858
year ago when plants were closed
by strike. The latest profit was
below the preceding quarter when
$50 a share was earned.
Ohio Oil Co. profit for the March
quarter was 1891 ,9l5 or 80 cents VS..
s3,981.762 or 81 cents in the same
1916 period.
Paramount Pictures, Inc, earned
s9522.000 or sl30 in three months
ended April VS.. s11 ,5S7 900 or $1.54
a year ago
Mid-Continent Petroleum Corp
net income for the March quarter
was s3S69, 129 or s2.0S VS.. s2,313, 1926
or s1.25 III the same 1916 period.
Amerada Petroleum Corp. earned
S3251 500 or S207 In the March
quarter VS.. sl,462,07z or SO cents q
year ago.
California Packing Corp. net fol-
IL months ended February % was
s9,27e,423 Or s946 VS.. 1854 ,649 o.
S257 in the preceding fiscal period
Archer Daniels Midland Co. earn,
ed sl0,378.8oS or $685. in nine month.
ended March 81 VS.. SAILS, 725 o.
$3.50 year earlier.
Buffalo Niagara Electric Co. prof
for the March quarter was S2.174,.
$50 VS.. s2,25l.43o in the same 1874,
period.
Kimberly Clark Corp. earned ST.
e57.826 or Sl.48 in the March quar-.
ter VS.. s75s,S7S or 54 cents a yea
ago,
Columbian Carbon Co. net for tn,
March quarter was S1.622.OS3 O.
s1,10 VS.. s1.267,7 1888 or 10 cents i,
the same 1916 period.
Bristol-Myers Co. earned SLAB,
961 or 81 in the March quarter VS.
S2626.678 or s185 year ago
Purity Bakeries Corp. profit TO
is weeks ended April 10 totale'
$500. s0e or s1.l9 VS.. s93o.672 or sl-1
In the same 1916 period.
Consolidated Cigar Corp. profit TO
the March quarter was s432,118 o
s1.55 VS.. s29o,l1o or $1.o4.