Evening star., 1950-08-25
Business Briefs

money IN Circulation IN the
week ended August % decreased
to $26,963, 900, 900, down $13 mil
lion from the previous week and
$365 million under a year ago.
Federal Reserve Board.
Commercial Credit Co. declared
a $1.20 quarterly dividend to rec
ord Of September 7.
Halliburton Oil Well Cementing
Co. declared an extra dividend of
rs cents to record of September 5.
A quarterly of SO cents declared
last June 20 will be paid on the
same de.te.
Mathieson Chemical Corp. de-
clared a dividend of 371a cents
on new common shares to record
of September 5. Payments on
the old stock, which was split
2-for-1. were 62la cents in March
and June.
Nopco Chemical Co. declared a
Accent quarterly dividend and an
extra Of so cents to record of
September Z. The previous extra
was 10 cents on June 30.
Lynch Corp. declared a 30-cent
extra dividend to record of Sep
tember S.
United States Foil Co. declared
20-cent dividend to record of Sep
tember 18. A regular third quar-
ter dividend Of $1.75 preferred
also was declared, payable toI
record Of September 20.
Reynolds Metals Co. declared a !
25-cent common dividend to
record of September 8. A regular
quarterly payment of $1.375 on
preferred to record of September
20, also was declared.
American Bosch Corp. declared
a dividend of 30 cents to record
OF September Is. Previous quar-
terly payments were Is cents.
American Felt Co. declared a |
dividend of rs cents and an extra
of 81 to record of September 6.
Nash-Kelvinator Corp. declared
a quarterly dividend of so cents
cents and an extra so cents to
record of September 5.
National Steel Corp. declared a |
dividend of rs cents to record of
August 81.
General Railway Signal Co. de-
clared a quarterly dividend of 80 |
cents and a Ascent extra n
record of September S.
United States Freight Co. de-
clared a 25-cent quarterly divi-
dend and a 25-cent extra to
record Of September 6. !
Consumers Power Co. profit
for the year ended July 81 was
SIT, ,665, ,082 or So share VS.. $14,-
732,398 or $2.56 a year earlier.
Federated Department Stores
profit for the year ended July 20
was $17,192,739 or $6.17 a share
VS.. $13.819,398 or $5.25 a year
earlier.
Kimberly Clark Corp. earned
$l1 ,987 ,O92 or $6.66 a share in the
year ended July 81 VS.. 1922, ,627
or $4.33 a year earlier.
Lehigh Valley r. r. profit for
the seven months ended July 81
was $1,002,863 VS.. a loss of $685.
622 in the 1949 period.
Ouri-Kansas- Texas Lines
earned $2,602,O0O in the seven
months ended July 81 VS.. 1884,
300 in the 1949 period.
Pennsylvania Railroad earned
So, 1881 ,481 or rs cents a share !!
in the seven months ended July
81 VS.. $5,903,858 or As cents in
the 1949 period.
st. Louis Francisco Rwy.
profit for the seven months ended
July 81 was $3,502,644 or $1.37 a
share VS.. $1,63S.135 or $2.65 pre-
ferred in the 1949 period.
Western Pacific r. r.. System
profit for the seven months ended
July 81 was $2,480,627 or $3.50 a
share VS.. 1.404, 1872 or $1.16 a year
earlier. |
Aetna Standard Engineering Co.
profits for the year ended June
30 was $1,070,536 or $2.91 a share
VS.. 1,106, ,305 or So a year earlier.
Baldwin Rubber Co. earned ST.
k45,941 or $3.67 a share in the
year ended June 80 VS.. $854, 100 or
S2.17 a year earlier. |
Florida Power & Light Co. profit
'or the year ended July 81 was
'e' '4se's4s or s2'47 sAars.