Evening star. [volume] (Washington, D.C.) 1854-1972, 1949-12-28
Business Briefs
Business Failures rose to

Business Failures rose to 1876 in
the week ended December % VS..
161 the previous week, and were
far above the 116 in the like 1913
week.-Dun & Bradstreet.
Engineering Construction this
year totaled a record $4,000, 0O0,-
600, a gain of 14% over 1948.-En-
cheering News-Record.
Wholesale Food Index, based on
the total cost of a pound each of
81 foods in general use. this week
declined one cent from s5.72
week ago. and was 1870 below the
year ago level of $6.2l.- Dun &
Bradstreet.
Factory Workers average week
ly earnings declined in mid-No-
vember to $54.45. about IS cents
below the October level. The de-
cline is attributed mainly to sea-
sonal decreases.-Bureau Of Labor
Statistics.
United States Treasury an
nounced it will withdraw SSH
000, 900 from its deposits in private
banks during the first week of
January.
Life Insurance Policyholders
appear to have set an all-time
health record in 1949. Available
reports indicate the death rate
among American policyholders
will be at a new low and about
1917 under the rate 'of 10 years
ago.-Institute of Life Insurance.
Pennsylvania Gas e. Electric
Corp. received SEC approval for
liquidations plans. The plans re-
suited from an order to comply
with the Holding Company Act.
Department Store Dollar Sales
in New York for the week ended
December "a show an 11% in.
crease over the like week OF a
year ago. For the four weeks be-
fore Christmas, dollar sales were
one per cent below last year
Federal Reserve Bank.
Virginian Railway reported No
vember earnings of $427 1926 VS.,
$317,107 last year; for II months
s3,093.110 VS.. $6,473.454 a year
ago.
Norfolk Southern Railway re-
ported November earnings Of $75,-
528 VS.. $110.216 a year ago; for
II months $39s,66 VS.. $713,239 in
1948.
Firestone Tire & Rubber Co. in
year ended October 81 earned
SIT ,823,62 or 1881. share VS..
SGT ,674, 344 or 1888 In 1948.
Schenley Industries, Inc, in
November 80 quarter earned So
1888 or $2.42 a share VS.. $l0,-
877 1892 or $500 in 194S period.
New York Central r. r. System
in II months ended November 80
earned $5,235,777 or 81 cents
share VS.. $15,480,4 s5 or $40 in
1913 period.
Atlantic Coast Line in II months
ended November 80 earned S.
SOL 900 or $3.50 a share VS.. So
912,071 or 1888 in 1948 period.
Texas Electric Service Co. in
year ended November 80 earned
$4,271, 705 VS.. $4.007.539 in 194s.
Amalgamated Sugar Co. in year
ended September 80 earned ST.
659. 672 or 1897 a share VS.. $4.211.-
339 or $500 in 1913.
Central Arizona Light d Power
in year ended November 80 earned
81 ,665, sos VS.. $1.469, 1853 in 1913.
Cenral Aguirrc Sugar Co. in year
ended July 81 earned 1885. 2a4 or
$1.84 a share VS.. $791,279 or SLOT
in 1913.
Reading Co. in II months ended
November 80 earned $5,198,368 or
1888 q share VS.. 1882, 100 or $5.19
in 1948 period.
Pittsburgh & Lake Erie RR. in
II months ended November 80
earned 1922. 800 or $4.54 a share
VS.. $7,226.s87 or 1887 in 1s48 Pc
Rod.
Gulf Public Service Co. In year
ended November Is earned $745, 574
or $1.39 a share VS.. $678,346 or
$1.26 in 1913.
Eversharp, Inc. announced elec-
ton of Daniel Van Dyk as presi-
dent, succeeding Arthur H. Rogow
who resigned last March.
Metal Quotations