Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-08-01
Business Briefs

New Construction this year will
total $4,000, 900 900. largely due to
higher costs. according to revised
estimates from the Commerce and
Labor Departments. Actual physi-
cal volume is expected to remain be-
low previous peaks.
Crude Petroleum Stocks on July
"a totaled 22l ,297 900 barrels, a net
increase OF 2e2 900 from q week
earlier.-Bureau Of Mines. Domes-
tic crude increased $4,000 while
foreign crude increased 5000.
Northwestern Bell Telephone Co.
viii sell $50 1000 900 of 45-year de-
bentures to retire debts created by
plant improvements, President Hop
ley announced. They will be dated
November Is.
Peppereu Mfg. Co. declared an ex-
ira dividend OF $l.25 and . quarterly
Of IS cents both payable August 16.
A similar extra was paid In May
and rs cents additional In February.
International Silver Co. declared
an extra dividend of 81 and q regu-
lar OF $3.50, both payable September
/. A year-end extra Of 81 was paid
in January.
Mid Continent Petroleum Corp.
earned $l3,724,115 or $7!.39 a share in
six months ended June 80 VS.. So
GA, 422 or $4.S7 . year earlier.
Panhandle Eastern Pipe Line Co.
net income for six months ended
June 30 was $4,224,8l7 or $2.44 VS..
s4,0sl,l1 Or sass in the same l947
period.
Doehler-Jarvi Corp. earned s4,-
305,716 or $4.l5 in six months ended
June 80 VS.. $4,252,3l4 or $4.08 a
year earlier.
Consolidated Gas, Electric Light
& Power Corp. Of Baltimore had
net income Of 1891 ,345 or $l.3s in
three months ended June 80 VS..
$2.234.209 or $164 a year earlier.
Seaboard Oil Co. Of Delaware
earned $1,616,321 or $l.32 in three
months ended June 80 Va. 81 ,26l ,543
or $1.02 year earlier.
Pennsylvania Railroad net income
for six months ended June 80 was
$653,921 VS.. $3,790,986 in the same
l947 period.
Lone Star Cement Corp. earned
$2951 ,52l or $3.l1 In six months
ended Junue 30 VS.. $2,666, e31 or
$281 year earlier.
South Penn OIL Co. net for six
months ended June 80 was $780,
154 or $3.50 VS.. S3,261, 008 or 81. SO in
the same l947 period.
United States Pipe & Foundry Co.
earned $2,570,284 or $3.50 in six
months ended June 80 vs.. 1885,
291 or 1921 a year earlier.
Pittsburgh Steel Co. net for six
months ended June 80 was 81, 724, 976
VS.. 1885 1856 in abe same 1947 pc
riod.
American News Co. earned ST.
475,551 or SITS in six months ended
June 30 VS.. Sl,373,144 or Sl63.
Elliott Co. net for six months
ended June 80 was 81 400, 1853 or 1912
VS.. $736,090 or 500.
Talon, Inc. earned $1,312,629 or
Slip in six months ended June 80
vs.. $l,S28, 6o4 or $1.83.
Life Savers Corp. net for six
months ended June 80 was s1,245,545
or SLIT vs.. $1,142,122 or S163.
National City Lines earned ST.
237 ,ls4 or 81 cents in six months
ended June 80 VS.. $l,1l3,707 or "a
cents.
American Bank Note Co. profit for
six months ended June 80 was ST.
1868 or S1.63 VS.. $974,573 or $1.29.
Lukens Steel Co. earned 81 ,1S5. ST.
or 1913 in IS weeks ended June 10
VS.. Sl,283, 696 or $4.03.
Folansbee Steel Corp. net for six
months ended June 80 was $973, 428
or 1920. No comparisons for year
earlier were available.
Bliss Il Laughlin, Inc, earned
1922 900 or SLIT In six months ended
June 30 VS.. $685. 04 or $1.sl.
Intertype Corp. profit for six
months ended June 80 was 1923, 704
or $2.38 VS.. 1882 1928 or $l.72.
Lamson e. Sessions earned $685.
875 or $3.50 for six months ended
June 80 vs.. $706, 459 or $243.
United States Industrial Chemi-
Gals, Inc, earned $489, 092 or 90 cents
in three months ended June 80 VS..
1881, ITO or SLIT.