Evening star., 1949-11-06
Business Briefs
Building Volume in 1850 will de

cline ABOUT 40 peloW CAlS year S
expected total of $9,940, ,0o0, 900,
predicted F.. W. Dodge Corp
Square-foot costs are expected to
drop 40 and physical colume 80
Average Price of Listed Stocks
on the New York Stock Exchange
was 1886 on October 81 VS.. $32.70
q month earlier and 1856 a year
earlier.
Stock Exchanges VIII Close
Tuesday for election day. but cot
ton and grain exchanges will re-
main open. along with livestock
and produce markets.
Ford Motor Co. production, of
cars, trucks and tractors totaled
1,206,088 units in the first ten
Of l949. including 706, 1872
Ford cars. 169.522 Mercurys. 31.-
567 Lincolns, 208.398 trucks and
coaches, and 90,479 tractors. In all
Of l948 the company produced l.
l53,083 vehicles.
Packard Motor Car Co. COM
pleted half a century Of automo-
bile building yesterday without
formal ceremony. Anniversary
ceremonies were held earlier this
year when Golden Anniversary"
models were introduced. The COM
pany has built 1,250.000 Packards
since November 6. 1899, when the
first one was completed.
Dow Chemical Co. registered
with the SEC 175,0o0 shares Of SIS
par common stock for sale to en-
ployes and stockholders at $44.50
a share. Holders will be given the
right to buy q new share for each
so shares held.
Montgomery Ward g. Co. sales
In October totaled $112,398 ,224, q
drop Of 14.4% from a year earlier;
In nine months ended October 81,
$841 .273. $50. q decline Of 1897.
s. s. Kresge Co. sales for Octo-
Der amounted to $685. 1923, a
decrease Of s4.s% from a year
earlier. for ten months. $213.s75.-
563, q gain OF 1.1R. -
S. H. Kress & Co. sales in Octo-
Der totaled $13.179.210, a drop Of
$40 from a year earlier; in ten
months. $l2l,599.513. "A decline
Of So. ~.
Mercantile Stores Corp. sales
for October totaled $9,480, goo, q
decrease of 1877 from 4 year
earlier. - @ ~
J. MeCrory Stores Corp. sales In
October amounted TO $7.546.527. a
drop Of 4.T% from a year earlier;
in ten months. $70,910.14s. q de-
cline OF l.4%.
Melville Shoe Corp. sales In
four weeks ended October 30
totaled $5.143.037. a decrease Of
9.1% from . year earlier: In the
year to date. $57.001.79l. drop
Of SO.
Neisner Brothers sales for Oc-
tober amounted to $4,717,186, q
decrease Of 1857; for ten months.
$42, 2,2s4,579, a rise Of .29s.
Mcclellan Stores Co. sales in Oc-
tober totaled $4,411, 1886, a decline
Of $50 from a year earlier; in
nine months ended October 81,
$50, $50, pa, a drop OF 1.7%.
Borg Warner Corp. earned SIS
132,483 or $6.27 a share In nine
months ended September 80 VS..
$21 .009, ,185 or $8.78 a year earlier.
American Gas & Electric Co.
net income for three months end
ed September 80 was $4,969, ,537 or
SLOT VS.. $3.938,435 or "a cents in
the same 1948 period.
Missouri Pacific Railroad earned
$4,679.830 in eight months end
ed August 81 VS.. $8,117.739 q year
earlier.
Archer : Daniels Midland Co.
net income for three months end
ed September 80 was $2,063, ,556
or $l.26 VS.. $2.627 1888 or $3.50 in
the same 1913 period.
Tennessee Gas Transmission
Corp. earned $2,037. .008 or SIS
cents in three months ended Sep
tember 80 VS.. $1,524,497 or 80
cents a year earlier.
Motor Wheel Corp. profit for
nine months ended September 80
was $2,580.982 or $3.05 VS.. $2,l97,-
722 or $3.50 in the same 194a
period.