Evening star., 1950-07-21
Business Briefs
LIST INCLUDES ONLY SELECTED ISSUES

Money in Circulation declined
to $27,029.000,000 in the week
ended July 10, drop of $140 mil
lion from week earlier and 1887
million below a year ago-FedePal
Reserve Board.
Bituminous Production for the
week ended July Is was estimated
at $500, 600 tons VS.. 1,500. 900 in
the previous vacation week and
6.908.0o0 in the. like l94e week
when miners were working only
three days a week.
Crude Oil Production totaled
238, ,485, 900 barrels July Is, an in
crease of 1.214,000 over the previ-
Gus week.-Bureau Of Mines
Cotton Spinning Industry oper-
ated at 123Ho Of capacity during
June on a two-shift, 80-hour week
basis VS.. 128,1Ts during May and
95.8% during June. 1850.
General Electric profit for the
six months ended June 30 was
ST., ,444, 1892 or $2.68 a share VS..
SAC. .552,842 or $1.61 in the l94o
period.
Nash Kelvinator earned. $21,-!
482,366 or $4.95 a share in the
nine months ended June 80 VS..
$40 0,250, ,063 or $4.66 a year earlier
Republic Steel Corp. profit for
the six months ended June sol
was $37, ,702,076 or $6.25 a share
VS.. $25,477,171 or $4.18 in the
1949 period.
Owens-Illinois Glass Co. profit
for the year ended June 80 was
$2,986,895 or $7.19 a share VS..
$13,004,554 or $4.25 a year caller
Atlantic Refining Co. profit for
the six months ended June 80 was
$17,663.00O or $6.27 a share VS.
$12,516,574 or $4.34 in the 1949
period.
Ltggett & Myers Tobacco earned
$14,112,000 or $3.42 share in the
six months ended June 80 VS.. sl3,-
776,000 or 1894 a year earlier.
Allegheny Ludlum Steel profit
for the six months ended June 80
was $4,571,l71 or 1885 a share VS..
S1,560,001 or $1.01 in the 1949
period.
Atlas Powder Co. earned $1,151,-
572 or $3.86 a share in the six
months ended June 30 VS.. $791 ,918
or $2.52 in the 1949 period.
Connecticut Light & Power
profit for the year ended June 30
was $6.746,297 or $3.77 a share VS..
$6.O16,674 or 1854 a year earlier
Hercules Powder Co. profit for
the six months ended June 30 was
$6.435,774 or $2.34 a share VS.
$4,9O6,284 or SLIT in the 1s49
period.
Iowa Public Service Co. profit
for the year ended June 30 was
So, ,1S1, 200 or $2.37 a share VS.,
$2.664,824 or $1.96 a year earlier.
Joy Manufacturing Co. profit
for the nine months ended June
80 was $2.011,1S7 or 1928 a share
VS.. $3,791,680 or SAB a year ear
lier.
Kendall Co. earned $2,742,845I
or 1888 in the "a weeks ended
June II VS.. $2,311 ,490 or $2.79 inI
the 1e49 period.
N. Y, Chicago G. st. Louis r. r.
profit for the six months ended
June 80 was SO, TAG, ,931 or $27.o3 a
preferred share VS.. $8,842,415 orI
$24.52 preferred in the 1949 period
Plymouth Oil Co. profit for the
SIX months ended June 80 was So
613, sos or $3.01 a share VS.. $2,-I
462,879 or $2.08 a year earlier.
Worthmgton Pump and Ma
chinery profit for the six months
ended June 80 was $2,622, 1926 orI
$2.49 a share VS.. $2,600,19O or
$2.47 in the 1949 period.
Midland Steel Products Co.
profit for the first six months of i
1850 were $2.485 ,222 or $4.36 al
share VS.. $1,387 .401 or $2.03 in
the 1949 period. Dividends of rs
cents common, So quarterly on
first preferred and so cents on
non-cumulative preferred were
declared, payable to record of
Is.
William Wrigley, Jr., Co. earned
Sc, ,706,749 or $3.41 a share in the
six months ended JuneSa0 VS.. $6,-
s62,655 or $s.4s a year earlier.