Evening star., 1949-10-28
Business Briefs
Money in Circulate

to $27 1873 600 900 on OCTOBER 70,
a drop of 500, 900 from a week
earlier and 100000 below a.
year earlier - Federal Reserve
Board.
Department Store Sales over
the Nation were 149o below al
year earlier in the week ended
October % - Federal Reserve
Board. Biggest drop was 24% IN
tine Cleveland district, which in
cludes strike-bound Pittsburgh.
Chrysler Corp. declared divi-
dend of $1.50, payable December
IL. Previous payments were $1.25.
Net income for nine months end
ed September 30 was S97,65l ,453
or $11.22 a share VS.. $59,837.601
or $6.38 year earlier.
Standard Oil Co. New Jersey
declared a cas- hdividend of $3.50,
payable December H. Net in
come for nine months ended Sep
tember 80 was estimated at $685.
600, 900 or $6.46 VS.. $290,000,00O
or $10.25 a year earlier.
Texas Co. raised its quarterly
dividend to 81 from rs cents paid
with a declaration pay
able January 3. An extra OF IS
cents also was declared, pay
able December Is. Profit for nine
ended September 80 was
s94,5l3,729 or $685. VS.. s113,617,-
lat or $8.44 in the same 1948 pc
riod.
Hat Corp. of America declared
a stock dividend at the rate of
one share for each five shares
held, payable November %.
American Radiator g. Stand
ard Sanitary Corp. declared a
special dividend of Is cents and a
regular quarterly of 25 cents. both
payable December "a. Profit for
nine months ended September 80
was $10,050,OO0 or SO cents a
share VS.. s17,2O7,0o0 or $1.69 a.
year earlier.
American Telephone & Tele-
graph Co. announced the CONVEX
sion price of its 15-year, 2A%
debentures had been reduced to
$148 from $3.50.
General Motors Corp. earned
$502, 2,414,0 ,029 or $11.21 a share in
nine months ended September 80
VS.. $327,155,222 or 1922 a year
earlier. Net for three months
ended September 80 was $198,-
735,386 or $4.45 VS.. $120,3s1.55o
or s2.67.
E. l. dupont de NemourS & Co.
net income for nine months ended
September 80 was $135.994,725 or
$2.85 VS.. .570,845 or $500 in
the same 1948 period; for three
months, $49,188,230 or. $1.03 VS..
$38,959.718 or 81 cents.
Standard Oil Co. of California
earned $1o5, 400, ,097 or $7.72 in nine
months ended September 80 VS..
$117,073, ,083 or 50 year earlier.
Bethlehem Steel Corp. net in
come for nine months ended Sep
tember 80 was $82,898. .4o2 or
$8.14 VS.. s53,183,858 or $3.50 in the
same 1948 period.
Tide Water Associated Oil earned
20,200,956 or $3.08 in nine
months VS.. $28.723,243 or $40 a
year earlier.
Proctor g. Gamble Co. net for
three months ended September 80
was $19.737.322 or $3.o7 VS.. $13.-
221.9l6 or $2.o5 In the same l94s
period.
Skelly Oil Co. earned $19, ,537.772
or $14.95 in nine months VS.. $29,-
028, ,593 or $26.89 In the same 1948
period.
C. /. T. Financial Corp. net for
nine months ended September 30
was $18,577,157 or $4.82 vs.. $12,-
244,926 or $3.31 in the same 1948
period.
Radio Corp. of America earned
$14,095,186 or "a cents in nine
months ended September 80 VS..
SIS, ,128,783 or 90 cents a year ear
lier.
National Steel Corp. profit for
three months ended September 80
was $1o,047,905 or $4.09 VS.. SILL
175,400 or $5.0l in the same 1948
period.
Colgate Palmolive Peet Co.
earned $8.910,506 or $4.29 in nine
motnhs ended September 80 VS..
$7,122.428 or s3.40 a year earlier.
National Cash Register Co.
profit for nine months ended Sep
tember 80 was $8,O03, ,O2O or SAT
VS.. $9,868, ,467 or $5.51 in the same
1948 period.
Stone g. Webster, Inc, earned
$4,754,461 or 1926 in nine months
ended September 30 VS.. $4,539,921
or $2.16 a year earlier.
Shamrock Oil g. Gas Corp. net
for nine months ended August 81
was $3.446,534 or s2.56 VS.. s4,o61,-
789 or 1902 in the same 194s pc
riod.
A. E. Staley Mfg. Co. earned
$3,0l9, 1853 or $40 in nine months
ended September 80 VS.. $4,561 ,072
or $5.22 a year earlier.
Revere Copper & Brass, Inc,
net for nine months ended Sep