Evening star., 1949-10-25
Business Briefs
Business Failures in the ,

Business Failures in the week
ended October 20 increased to 181
VS.. 172 in the previous week and
124 in the like 1948 week-Dun &
Bradstreet.
International Business Machines
Corp. declared regular quarterly
dividend Of 81. payable December
10. and a stock dividend of SO,
payable January Is.
Socony-Vacuum Oil Co. de-
clared an extra dividend of 10
cents and a regular quarterly of
Is cents, both payable December
10. The company paid stock
dividend Of 90 and the regular
dividend last December.
international Paper Co. stock
holders will vote December 20 on
a proposed 2-for-1 split in COM
mon stock.
American Gas & Electric Co.
announced that common holders
subscribed to 97.4% of the 498 ,081
shares offered recently, leaving
only 12,744 shares for subscription
under the conditional purchase
privilege.
General Foods Corp. earned
$21. .349,153 or $3.71 q share in
nine months ended September 80
VS.. $20,431.995 or 1855 a year
earlier. Net for three months
ended September 80 was Sc, 900, ,936
or $1.21 VS.. $6,543,434 or $1.14.
National Biscuit Co. profit for
three months ended September 30
was $5,101,154 or "a cents VS.. 81
896,917 or II cents in the same
1948 period.
Corn Products Refining Co.
earned $1o.407.383 or 1851 in nine
months ended September 80 VS..
$7,356.239 or $2.40 a year earlier.
VIM. Wrigley. Jr., Co. net in
come for nine months ended Sep
tember 80 was $9,480,9s9 or $4.82
VS.. $8,870,244 or $4.51 in the same
1948 period; for three months
ended the same date, $2,618,334
or $1.38 VS.. $2.907,757 or SLAB.
Long-Bell Lumber Co. (Missouri)
earned $5,401 ,780 or $2.71 in nine
months ended September 80 VS..
$10,208.646 or $5.13 a year earlier.
Texas Eastern Transmission
Corp. net income for nine months
ended September 80 was IS, ,135, ,O6O
or $1.12 VS.. $3,660.176 or 79 cents
in the same 1948 period.
Air Reduction Co. earned 81
901 ,497 or $1.79 in nine months
ended September 80 VS.. $4,697, 1888
or $1.71 year earlier.
Reynolds Metals Co. net for nine
months ended September 30 was
s3,370.929 or $2.55 VS.. $5,o57,153
or $3.91 in the same 1948 period.
Blaw-Knox Co. earned $2,780,-
882 or $1.97 in nine months ended
September 80 VS.. $2,646,675 or
$1.S8 a year earlier.
Pennsylvania Salt Mfg. Co.
profit for nine months ended Sep
tember 80 was $2,1O8,258 or $2.61
VS.. $1.6l1,003 or $1.95 in the same
1948 period.
Alan Wood Steel Co. earned
81 ,835.172 or $3.18 in nine months
ended September 80 VS.. $2,3S3, 800
or $4.38 year earlier.
Cooper -Bessemer Corp. net for
nine months ended September 30
was $1.876,o00 or $4.52 VS.. $685.
600 or $3.50 in the same 1948 Pc
riod.
Technicolor, Inc, earned ST.
768,550 or $1.92 in nine months
ended September 80 VS.. $1,276,9
or $1.39 a year earlier.
United Carr Fastener Corp. net
income for nine months ended
September 80 was $1.556,492 or
$50 VS.. $1,160.674 or $3.50 in
the same 1948 period.
Beech-Nut Packing Co. earned
2,923, ,633 or $1.91 in nine months
ended September 80 VS.. $3,989. 1876
or $2.61 a year earlier.
Sharp & D0hme, Inc, profit for
IL months ended September 30
was 81, 1868 or $4.05 VS.. $685.
678 or $3.13 in the preceding fiscal
period.
Southern Natural Gas Co.
earned $4,666,780 or So in 12
months ended September 80 VS..
$4.292.453 or $3.04 in the previous
year,
Barber Oil Corp. net income for
nine months ended September 80
was 81. .025, ,081 or $2.71 VS.. $1.140,-
072 or $500 in the same 1948
period.
Southeastern Greyhound Lines