Evening star., 1949-10-20
Business Briefs

Bank Clearings in Is leading
cities rose sharply to $15.215,793,-
900 in the week ended October 10,
gain of 1920 from the preced-
ing holiday week, but remained
3.9% below the like 1948 week
Dun & Bradstreet.
Business Loans of member banks
expanded to $15.566, 100000 on
October IL, gain of 2,00O, 900
from week earlier, but remained
81 1892. 100000 below a year ear
lier-Federal Reserve Board.
Short Interest in Listed Stocks
on the New York Stock Exchange
climbed to 2,230,012 shares on
October IA. new 17-year high,
and compared with 2,133,700 al
month earlier.
Crude Oil Production in the
week ended October Is averaged
5.043,55 barrels daily VS.. 5,014,-
800 in the previous week and S.
633 900 in the like 1948 week
American Petroleum Institute.
Douglas Aircraft Co. declared a
regular quarterly dividend of $1.25
a share and special dividend of
$50, both payable November %,
raising 1949 payments to 1925 a
share. Profit for nine months
ended August 81 was $5,152,966
or $3.50 a share VS.. $1,950,795 or
1925 in the same 1948 period.
Liggett & Myers Tobacco Co.
declared an extra dividend of ST
and a regular quarterly of 81, both
payable December l. A similar
extra was paid last December.
Plymouth Oil Co. declared a
regular quarterly cash dividend of
so cents common share and
stock dividend of 90. both payable
December 10.
American Woolen Co. profit for
nine months ended September 80
was 81 1858 900 or 40 cents a share
VS.. s10.461 800 or $40 in the same
1948 period. Net for three months
ended September 80 was 1891 400
or 13 cents VS.. $2,5O3, 200 or $2.31
in the 1s48 period.
Barnsdall Oil Co. earned $10,-
1856. .108 or $5.16 a share in nine
months ended September 80 VS..
$9,920,556 or $4.46 a year earlier.
Southern Co. net income for ~
months ended September 80 was
$14,935, 1903 or $1.24 VS.. $1,000 ,422
or IS cents in the preceding fiscal
period.
Niagara Hudson Power Co.
earned $11, 1897 .999 or 81 in nine
months ended September 80 VS..
10,087, 1896 or 86 cents a year
earlier.
New York, Chicago & st. Louis
Railroad net income for nine
Il September 80 was
$8.402,676 VS.. $10,890,054 in the
same l948 period.
Cleveland Cliffs Iron Co. earned
$6,791 AIT or 1924 in nine months
ended September 80 VS.. $6,507 ,130
or $2.2l year earlier.
Eaton Mfg, Co. net income for
nine months ended September 80
was $6,404. .eo3 or $3.50 VS.. $8,o42,-
865 or $4.51 in the same 1948
period.
American Airlipes earned S.
934, ,730 or 76 cents share in nine
months ended September 80 VS..
a deficit of $3,416,295 a year
earlier.
Briggs & Stratton Corp. profit
for nine months ended September
80 was $2,220,434 or 1914 VS.. ST.
387 ,581 or $4.02 in the same 1948
period. -
Square d Co. earned $2,163,751
or $1.57 in nine months ended
September 80 VS.. $2,434,521 or
SLIT a year earlier.
Pennsylvania Dixie Ce m n t
Corp. profit for three months end
ed September 80 was $808,345 or
$1.34 VS.. $996,888 or $1.89 in the
same 1948 period. f..
Interlake Iron Corp. earned ST.
ZOE, ,474 or 81 cents in three
months ended September 80 VS..
q, ,268, 1884 or 6s cents year
earlier. -
Lionel Corp. net income for six
months ended August 81 was ST.
007 800 or $3.50 VS., $909, 900 or
$2.52 in the same 1s48 period. |
Conde Naste Publications, Inc,
earned $1,413,0 ,044 or $1.40 in nine
months ended September 80 VS..
$1,348,531 or $1.34 a year earlier.
West Virginia Coal & Coke Co.
net for nine months ended Sep
tember 80 was $916.741 or $2.18 VS..
$1,777,702 or $4.15 in the same
1948 period. as-.a.
Symington- Gould Corp. earned
5000, TAI or SO cents in nine months
ended September 80 VS.. $724.842 or
72 cents a year earlier.