Evening star. [volume] (Washington, D.C.) 1854-1972, 1954-08-27
Business Briefs

week ended Aug. IS declined $50
million to SIS, 786, 000, 900, down
1919 million from last year
Federal Reserve Board.
Heavy Construction Contracts
awarded in the week ended Aug.
23 totaled $224,168.000 compared
with $3.50, 939 900 last week and
$259, 040, 900 last year - Engi-
neering News-Record and the
Construction Daily.
Rail Freight Loadings in the
week ended Aug. 81 totaled
sra, 1914 cars, down 6.653 cars
from last week and II per cent
below last year-Association OF
American Railroads.
American Motors Co. directors
took no action on common stock
dividends in move to conserve
working capital Of the newly
consolidated firm.
ACF Industries elected James
F. Clark president to succeed
Charles J. Hardy, jr., who be-
came board chairman in place OF
John E. Rovensky, retired. In 3
months ended July 81, ACT
earned $1,839,225 or $1.S4 a
share VS.. $2.268,225 or $2.43 last
year.
Dragon Cement Co. stockhold-
ers voted to increase the author
lied stock from 100000 to $780,
600 shares. The board voted to
issue September "a two shares
for each outstanding share.
Westinghouse Electric Corp.
tapered OF work at its Sunbury
(Pa.) television plant to begin 9
gradual shift to its Metuchen
IN. j. factory.
Atlantic Coast Line r. r. in z
months ended July 81 earned
$6,613,557 or $8.03 VS.. $7,046.23l
or 1856 last year.
A. T. g. s. F. Railway in Z
months ended July 81 earned
$32,132,2 or $5.87 a share VS..
$45, SOL ,399 or 1886 last year.
Bulova Watch Co., Inc. in 3
months ended June 80 earned
$685., 1871 or $1.06 a share VS..
$852,917 or $1.31 last year.
Central Of Georgia Railway in
Z months ended July 81 earned
81, zoe. 004 VS.. $1,679,785 last year.
Chic, Milw., st. p. & Pac. r. r.
| in z months ended July 81 lost
| $2,855, 1886 VS.. earnings Of So. 405.-
514 last year.
Erie Forge & Steel Corp. in 3
months ended July 81 earned
$46,970 or 1c a share VS.. $323,617
or 33c last year.
Federated Dept. Stores in So
weeks ended July 81 earned $l4.-
945 $50, or $4.03 a share, VS.. $13,-
716,735. or 1857, last year.
Hancock Oil Co. in year ended
June 80 earned $6,880.505, or
1921 a share, VS.. $11,950,067, or
1894, last year.
Kaiser Alum. g. Chem. in year
ended May 81 earned $14,015.-
IT'S. or $685., VS.. $l1,767,8 1877, or
1896, last year.
Mcclellan Stores Co. in 6
months ended July 81 earned
| 1881 ,453, or 45c q share. VS.. $488,-
233, or SIC, last year.
N. Y. Central r. r. in Z months
ended July 81 lost $7,020,338 VS..
earnings of $19.334.646. or So a
share. last year.
Pennsylvania r. r. in Z months
ended July 81 lost 1886, ia VS..
| earnings Of $22.257, 1854, OF $l.69
a share, last year.
PittstOn Co. in 6 months ended
June 80 earned $678,236 or SLOT
a share VS.. $950.636 or $1.50 last
year.
Seaboard Air Line r. r. in Z
months ended July 81 earned
ST., 655,118 or $4.96 a share VS..
| $12,878.131 or $5.48 last year.
goth Century-Fox Film in 6
months ended June rs earned
So, 096 ,545 or SILT a share VS..
$158. 800 or &c last year.
Union Pacific r. r.. in Z months
ended July 81 earned $35. 55,018
or $7.45 a share VS.. SIS, 1874 ,209
or $7.57 last year.
United States Plywood Corp.
in 8 months ended July 81
earned $1.160.100 or Csc VS..
1883 400 or 88c last year.
virginian Railway in z months
ended July 81 earned $3.091 BAL
or $1.69 VS.. $2.976.404 or $3.50
last year.
Western Union Telegraph Co.
in 7 months ended July 81
earned $3,612.582 or $2.93 a share
VS.. 81, 598 200 or $3T4 last year.