Evening star., 1950-08-01
Business Briefs

Business BrIefS
Consumer Credit on June 80 set
a record of $l9,627 900, gain of
$3.50 million from a month ear
lier-Federal Reserve Board. The
June gain does not reflect the July
buying surge caused by the Ko-
rean conflict
Heavy Retail Buying, touched
off by the Korean war, is dimin-
ishing, according to New York de-
partment store executives. Sales
in the latest week advanced, how
ever, and were 39% above a year
earlier.
Business Failures in the week
ended July 81 declined to 100 VS..
ITO in the previous week and 1853
in the like 1949 week-Dun &
Bradstreet.
Brunswick Bake Collender Co.
declared a dividend of so cents a
common share. payable September
is. The company paid rs cents
each in June and March.
Commonwealth E ison Co.,
earned SIS $50. .6o3 or $1.14 a share
in six months ended June 80 VS..
$16.288.9 .958 or $1.19 year earlier.
Tide Water Associated Oil Co.
net income for six months ended
June 80 was $14,411.334 or $2.25
VS.. $13,910.558 or SIT in the same
1949 period.
National Lead Co. earned S12-
578,051 in six months ended June
80 VS.. $6,391, 1873 a year earlier.
Parke, Davis & Co. net income
for six months ended June 80 was
$9,002.128 or $1.84 VS.. $5,224,523
or SLOT in the same 1949 period.
Standard Oil Co. of Kentucky
earned $6,346.000 or $2.43 in six
months ended June 80 VS.. $685.
900 or $2.55 year earlier.
Warner Brothers Pictures, Inc,
net profit for nine months ended
May q was $7,316,000 or 81 VS..
$7,363 900 or 81 in the same pc
riod last year.
Koppers Co., Inc, earned S.
168,506 or $3.01 in six months
ended June 80 VS.. S3,919.928 or
1924 a year earlier.
Associates Investment Co. netl
income for six months ended June
80 was $5,045. .485 or $4.84 VS.. $4,-l
|212,637 or $4.04 in the same 1949
period.
Boston Edison Co. earned 81
336,057 or SITS in six months
ended June 80 VS.. SAIL, ,040 or
$l.66 year earlier.
st. Joseph Lead Co. profit for
six months ended June 80 was
4,121 ,164 or $2.08 VS.. 81, 1852 800 or
$2.45 in the same 1949 period.
McGraw Electric Co. earned S.
729.096 or $4.42 in six months
ended June 80 VS.. $3,224,781 or
1882 a year earlier.
Beaunit Mills, Inc, profit for
three months ended June 80 was
81 ,663 .259 or $l.34 VS.. $3O4.731 or
Is cents in the same 1949 period.
General American Transporta-
ton Co. earned $2.728,635 or 1929
in six months ended June 80 VS..
$3,196,955 or $274 year earlier.
Eastern Air Lines, Inc, net in
come for six months ended June
80 was $2.459.585 or $1.03 VS..
50, ,148,361 or 80 cents in the same
1949 period.
Electrolux Corp. earned $2,110,-
$50, or $1.72 in six months ended
June 80 VS.. $1,772,544 or, $1.44
year earlier.
Square d Co. net income for
six months ended June 80 was
$1,743,792 or $1.26 VS.. 1882 ,629
or $1.16 in the same 1949 period.
Morrison-Knudsen Co. earned
81 ,648,580 in six months ended
June 80 VS.. $1,987,231 a year
earlier.
|. White Motor Co. net income for
six months ended June 80 was
81, ,466,912 or $2.13 VS.. $185.490|
or 27 cents in the same 1949
period.
Foster Wheeler Corp. earned
81 ,283,052 or $4.29 in six months
ended June 80 VS.. $1,734,536 or
$5.87 a year earlier.
Dome Mines, Ltd, net income
for six months ended June sol
was $889,151 or 46 cents VS..
$669,412 or "a cents in the same
1949 period.
Pillsbury Mills earned $1,524.915I
or $2.16 in the year ended May 81
VS.. s2.274,155 or 1881 in the pre-
vious year.
General Gable Corp. net in
come for six months ended June
80 was $727,000 or 18 cents VS..
81 ,159,905 or Al cents in the same
1949 period.
Pennsylvania Glass Sand Corp.
earned $690,385 or $1.90 in six
months ended June 80 VS.. $497,175
or $l.S0 a year earlie4.