Evening star., 1947-08-12
Business Briefs

Sales OF Chtm SLOPES ana mali
order houses in the first halt of l947
set q record of s11.47s, 100000, a
Jump 22% from the same 1915 Pc
riod.-Commerce Department. June
sales of $l,se6, 100000 were 1917
above q year earlier. A major fac
tor was an abnormal sales gain Tor
chain groceries.
Commercial and Industrial Fail.
ures In the week ended August Z de-
clined to 60 VS.. 90 In the previous
week, but were far above n In the
like l946 week.-Dun 81 Bradstreet.
Luggage and Leather Goods stores
have cleared war-weary stocks and
are buying heavily in anticipation
Of q big fall business, said an ofiicisl
at the National Luggage and Leath-
er Goods Show In New York. More
than 1000 buyers attended the show.
Jewelry Industry ID Optimistic
about prospects for fall business,
spokesmen said at the retail jew
eler's convention In New York. The
industry went through minor
slump earlier this year.
Foreign Silver Price at New York
was raised one cent an ounce TO
6aA cents after an advance OF
half . cent yesterday. The years
high of s6N was reached March Q.
A low Of sex was set June 10.
Corn Products Refining Co. ad-
vanced prices on ali products except
dextrose 33 to % cents hundred
weight.
Pacific Finance Corp. registered
with the SEC 10000 shares Of SIC
par common stock to be publicly
offered through 3 group headed by
First Boston Corp.
Curtis. Wright Corp. declared q
dividend Of 81 on class A stock. pay
able September IS, Net loss for the
first half Of ls47 was S2<l ,s37. The
backlog of unified orders totalcc
$13o, o,ooo,0oo on June 30.
Rayonier, Inc. declared q dividend
Of 80 centS q common share, pay
able October Is. It was the farst
payment since 1s43,
Chryaier Corp. earned SS6,i22. .457
or $3.50 o share In the first half oi
1s47, VS.. $4.osS,3s2 or 90 cents a yeal
earlier.
American Gas d Electric Co. net
income for u months ended june
80 was sls,s37,57s or sSs2 vs.. 49,
7i0,s75 or ss.l7 in the preceding
fiscal period.
Northern Pacific Railway earned
4s,l72,6s5 or S2o8 In the first half oi
1e47 vs. 34ss $50 or 20 cents q yeal
earlier.
Kansas City Southern Railway mel
for the first half was s2,S6S,sl7 ol
s4.1s VS.. $1,S32,122 or $2.ls In ths
same 1s4e period.
Rockwell Mfg. Co. earned s2,2ss,.
1872 In the first halt vs.. 3Sl0.245 q
year earlier.
Standard Friut D. Steamship Co
profit tor the first half was $i,sle,.
SOC VS.. sl.43s, ,7oS in the same 1s4t
period.
Moore HandIey Hardware Co
earned t774,554 In the first half W
s46s,il7 year earlier.
Natomas Co. net for the hrst hal
was $6S6, ,607, before Federal income
tax. VS.. $465,s34 In the same 1914
period.
Creameries Of America, Inc, earn.
ed sSlS,s4s or 30 cents In the FRS,
half VS.. ss2e.e2s or sl.7s yea,
earlier.
Grayson Robinson Stores, Inc.
profit for the June quarter was t4ss..
Soe or s2 cents VS.. sS02 ,sSe or 81
cents In the same 1s4e period.
Hotel Waldorf -AsteFaa Corr. earn.
ed $346,s4o In the hrst halt W. $3eS,,
~ q year earlier.
WalgrssA Co. sales for July totalee
tl2,Sol ,o21. q gain Of 36% from {
year earlier; for seven months, $sS.'
6S4,ooS, an increase OF 7.7%.
Colonial Stores, Inc, sales In foul
weeks ended July 26 totaied s1l,'
3s4,1lo, q jump Of 34.7% from yea,
earlier: in 80 weeks ended the sam,
date, $si, ,4os, s,oi6, = rise Of $685..
Sterchi Bras. Stores sales for Jul,
totaled $sso.243, drop Of 12.2T
from q year earlier: for sever
mopths, s7,s7S,S3s, gain Of s.4%