Evening star. [volume] (Washington, D.C.) 1854-1972, 1950-05-15
Business Briefs

Aea" O0u dSoCAASCA SCENiCC COSL
United States railroads $649 .300,-
900 in net operating loss last year,
while freight service gave the
lines a net operating income of
$1,335, 100000. - Interstate Com
merce Commission. The passenger
deficit was 1879 above the 1948
record and ate up 1857 of the
freight income VS.. only 35.9% in
1948.
Standard Oil Co. of Kentucky
declared an extra dividend of Is
cents and a regular quarterly of
so cents common share, both
payable June 10. Extras last year
were IS cents in March, 80 cents
in September and go cents in
December.
Missouri Public Service Corn.
declared dividend of so cents
common share, payable June Is.
The company paid so cents March
IS when the rate was raised from
40 cents.
Chicago & Eastern Illinois Rail-
road directors took no action on
dividend on the 50 class A stock.
Consolidated Natural Gas Co,
earned $S,374,4 or $2.56 a share
in three months ended March 81
VS.. $6.687.183 or $2.04 a year
earlier.
Minnesota Mining e. Mfg. Co.
net income for March quarter was
$4.693,065 or $3.50 VS.. $3.215,250
or $1.58 in the same 1949 period.
Wick Chemical Co. earned
$4,203,6 02 or $3.50 in nine months
ended March 81 VS.. $3,974,071 or
$2.82 a year earlier.
Diamond Match Go. profit for
March quarter was $780,, 1853 or
$1.26 VS.: $1.080.359 or 81 in the
same 1919 period.
National Fuel Gas Co. earned
$3,849, 432 or $1.01 in the year end
ed March 81 VS.. $2,8l7.672 or "a
cents in the previous year.
: Chicago Corp. net income for
March quarter was $874,376 or "a
cents VS.. $739,106 or 20 cents in
the same 1949 period.
Central Electric & Gas Co.
earned $775,457 or so cents in
March quarter VS.. $734,260 or IS
cents a year earlier.
Domestic Credit Corp. profit for
the year ended March 81 was
$752,973 or go cents VS.. $6l7, 665
or 4S cents in the preceding fiscal
period.
Great Northern Paper Co. earned
$674,147 or SO cents in March
quarter VS.. $1,352.347 or $l.36 a
year earlier.
Puget Sound Pulp e. Timber Co.
net income for March quarter was
$239,373 or 81 cents VS.. S506, 433
or IS cents in the same 1919
period.
United Electric Coal Companies
reported p!ofit of $229,793 or
Al cents for three months ended
April 80 VS.. $493.677 or 80 cents
in the same period last year.
American Water Works, Inc.
earned $274.243 or 10 cents a share
in March quarter VS.. $263,63l or
g cents year earlier.
Coty, Inc. profit for nine
months ended March 81 was
S694.3l4 or As cents VS.. s566, 1858
or 80 cents in the same period
last year.
Holly Sugar Corp. earned ST.
762.674 or So in the year ended
March 81 VS.. $1.493,584 or $3.50
in the previous year.
Hotel Waldorf Astoria Corp. net
income for March quarter was
1864, 843 VS.. $262.710 in the same
1949 period.
Parkersburg Rig & Reel Co. re-
ported a deficit Of $22,518 for
March quarter VS.. net income of
$170.26f or n cents in the same
period last year.
Twin Coach Co. had a loss Of
$144,952 in March quarter VS.. a
deficit of $101.813 in the same
l949 period.
Fels Naptha Soap Co. will enter
the synthetic detergent field with
a new white all-purpose product
called Felso. Marketing will start
in selected Eastern and Middle
western cities in June. Washing
ton will be among the cities.
General Radiant Heater Co.
elected A. Albert Minton presi-