Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-12-02
Business Briefs

money In circulation EXPANDED
to $27,542, 100000 on November 80,
a gain of $34,000.000 from a week
earlier, but remained $3.50 900 900
below a year earlier-Federal Re-
serve Board.
Engineering Constructio n
awarded this week climbed to
$219,647, 900, fourth highest week
ly total Of the year to date, and
was 143 per cent above the pre-
ceding 4-day holiday week, but
remained 80 per cent below the
like 1913 Notwithstanding News
Record. The total for the year to
date was IA per cent above a year
ago.
Freight Loadings in the holiday
week ended November rs totaled
|664.555 cars, drop Of 124 per.
cent from the preceding full week.
and 81 per cent below the like
1948 week-Association Of Amer
lean Railroads.
New Rubber Consumption by
United States manufacturers in
October totaled 84,070 long toas. q
gain Of .11.35 per cent from the
previous month-Rubber Manu-
facturers Association. Consump-
ton in ten months this year to-
tailed 819,387 tons. a drop Of 9.26
per cent from a year earlier.
National Enameling & Stamp
ing Co. management faces oppo-
sition from a stockholders COM
mittee headed by Arthur Heating,
chairman and president Of Exec
Products Co. and a director Of Ma
tional. Mr.. Heating said he was
the largest Nesco stakeholder.
The committee will seek a change
in management.
Chrysler Corp. directors took no
action on a special or year-end
dividend at their New York meet
ing.
Hat Corp. of America declared
q semi-annual dividend Of Is cents
common share, payable January
II, and an extra dividend OF 10l
cents, payable December 81.
Reynolds Metals Co. declared a
dividend Of IS cents q common
share, payable December %. The
company paid Is cents each In
three preceding quarters.
Nash KeIvinator Corp. declared
q special dividend Of IS cents and
a regular Of IS cents, both payable
December %. No special was de-
clared a year ago. Profit for the
year ended September 80 was
$26,229,931 or $6.04 a share VS..
$20,132,954 or $4.64 in the previ-
Gus year. /
Noblitt-Sparks Industries, Inc,
declared an extra dividend of SOL
cents and quarterly of so cents,
both payable December %. Pre-
vious quarterly payments were 40
cents. An extra of 40 cents was
declared a year ago.
Woodward Iron Co. declared an
extra dividend of $1.25 and a reg
ular quarterly of so cents, both
payable December "a, lifting 1949
to $3.50 VS.. So last year.
Midland Steel Products Co. de-
clared a special dividend of $3.50
and quarterly Of so cents, both
payable December %, raising the
1949 total to S. VS.. $3.75 in 1948.
Knott Corp. declared a dividend
of IS cents a capital share, pay I
able December Is, lifting 1949 pay
ments to $2.15 VS.. 50 last year.
r. H. Macy & Co. earned ST.
274, 900 or 81 cents share for the
quarter ended October 20 VS.. ST.
832, 900 or $1.54 year earlier.
Gaylord Container Corp. profit
FOR nine months ended September
30 was $2,756,924 or $1.18 VS.. S.
s28,s16 or $2.49 IN the same 1913
period. /
Geo. A. HORNED & Co. net in
come for the year ended October
30 was $1,736,747 or 1923 VS.. S.
779, 401 or 1922 in the previous
year.
Superior Oil Co. California;
earned $7,283.443 or $17.22 in the
year ended August 81 VS.. $14,917,-
a73 or 1926 in the previous year.
New York, New Haven Il Hart
lord Railroad net income for l0i
ended October 81 was
VS.. $4,441,233 In the
same 1913 period.
Parmelee Transportation Co.
earned $3.50. 1877 or 80 cents in nine
ended September 80 VS..
I575,4 or 70 cents q year earl
Ter.