Boeing Profits, Sales Up Slightly in Quarter: Earnings Reports
Boeing Co. yesterday an-nmineert a slight Increase in earnings for the second quarter and first half of the year.</br></br>The airplane manufacturer said the earning Improvement reflected favorable performance In major areas of operations and lower interest rates.</br></br>' In the first half, Boeing earned $38.4 million ($1.81) on sales of $1,88 billion, up from last yearÛªs first-half earnings of $36 million ($1.70) on sales of $1.81 billion.</br></br>ÛÏThe twelve months ended June 30 can be characterized as a tumultuous year without precedent for the sugar Industry,Û said Amstar president Robert T. Quiltmeyer.</br></br>Amstar said that raw sugar prices at the end of its fiscal year were about 14.5 cents per pound against 26.5 cents per pound In June 1974. In the middle of the year, raw sugar prices ran up as high as 64.5 cents per pound.