Evening star., 1950-08-11
Business Briefs

Money in Circulation increased
during the week ending August 8
to $27.015, ,000, 900. a gain of SIS
million over week earlier but 1894
million below a year ago.-Federal
Reserve Board.
BituminOuS Production in the
week ended August 5 was TO-
100000 tons VS.. 10,715,000 a week
earlier and 7,522,000 in the three
day work week of a year ago.
National Coal Association.
Motor Vehicle Production will
total 153 ,294 cars and 30,731 trucks
VS.. 145,056 and 28,113 last week
and 1929 and 21,640 a year
ago.-Ward's Automotive Reports.
Newsprint Production in the
United States during June totaled
90,051 tons, a new high for any
postwar month. This compared
with 80,501 tone for June 1949.
Newspaper Advertising by the
Nations 100 leading advertisers
last year cost $208. .548. .999. an in
crease of 45.1To over 1948. Maga-
zine ads were up 2.1% and net
work radio down 2.7%.-American
Newspaper Publishers Association.
Jefferson Lake Sulphur Co. de-
clared quarterly dividend of 20
cents payable to record of Sep
tember II. Earlier payments were
Is cents.
Pittsburgh Metallurgical Co.,
Inc, declared a 25-cent dividend
plus 25-cent extra to record of
September /. Similar payments
were made in June.
Archer Daniels Midland Co.
declared a 70-cent quarterly
dividend to record of August 81.
Previous payments were so cents.
Allied Chemical & Dye Corp.
profit for the six months ended
June 80 was 21.104,332 or $2.38
a share.
johnson e. Johnson and subs.
profit for the six months ended
June 80 was 5,566,973 or $2.70 a
share VS.. $4465, ,4O5 or $2.26 in the
1949 period.
Mohawk Carpet Mills Inc, profit
for the six months ended June 80
was $2,348,616 or SAP share VS..
$1,814368 or $3.42 year earlier.
aluminium Ltd. earned $15,230,-
579 or $4.09 a share in the six
months ended June 80 VS.. $12,
908.301 or $3.47 in the 1949 period.
Homestake Mining Co. profit
for the six months ended June
80 was $1,821,7 ,703 or 81 cents a
share VS.. $1,247,955 or 81 cents a
year earlier.
Illinois Bell Telephone Co.
earned $11,851.300 in the six
months ended June 80 VS.. $780,
494 in the 1949 period.
]. c. Penney Co. profit for the
six months ended June 80 was
$17.508,089 or $2.13 a share VS..
$16,486,1 ,124 or So year earlier.
Standard G. & E. Co. profit for
the six months ended June 30I
was $2,696.286 VS.. $2.496,224 a |
year earlier.
Southern New England Tel.
profit for the six months ended
June 80 was $3,486,157 VS.. $2,672,-
662 year earlier.
Security Banknote Co. lost $685.
933 in the first half of 1850 VS.. a
profit of ST. in the 1949 period.
Paramount Pictures Corp. profit
for the six months ended July
was $2,826.000 or SLOT a share.
New England Tel. G. Tel. profit
for the six months ended June 30
was $9,285,016 VS.. $3,882,236 a
year earlier.
National Fuel Gas Co. earned
81, 1881 500 or $1.22 a share in the
year ended June 80 VS.. $2,845, ,437
or rs cents in the 1949 period.
Louisiana Land e. Exploration
profit for the June quarter was
81 1926, ,943 or 81 cents a share VS..
81 1862, 1896 or Sc cents a year
earlier.
Lane Wells Co. profit for the
six months ended June 80 was
81 ,242, 700 or $3.45 a share VS.. ST.
110, 400 or $3.08 year earlier.
Laclede Gas Co. earned 81, 2,443,-
416 or SO cents a share in the
year ended June 80 VS.. $2,241, ,746
or 90 cents year earlier.
Kansas City Southern Railway
profit for the six months ended
June 80 was $3,O66,3 or $5.19
a share VS.. $3.716.116 or $6.46 in
the 1949 period.
Interchemical Corp. earned ST.
928, 8,207 or $2.64 a share in the six
ended June 80 VS.. $735, ,466
Or "a cents a year earlier.
First National Stores, Inc,
profit for the quarter ended July
swas $1,711,762 or $2.09 a share
VS., $1.621,793 or $1,98 a year