Evening star. [volume] (Washington, D.C.) 1854-1972, 1950-01-27
Business Briefs
Money in Circulation declin,

$26, 9l3 100000 on January Is, a
drop of 5000, 100000 from a week
earlier and $648, ooo,o0 below a
year earlier.
Department Store Sales across
the Nation in the week ended
January 81 remained at the same
level as in the corresponding week
OF l949-Federal Reserve Bank.
Gulf Oil Corp. plans to reduce
crude oil imports Immediately by
at least 10000 barrels a day from
the average of the last quarter
of 1949.
Automobile Production in the
United States is expected to total
131 TAO units-Ward' Automotive
Reports. The estimate includes
109,859 cars and 21,881 trucks VS..
126,375 cars and 24,425 trucks last
week.
Radio Corp. of America an
nounced Emanuel Sacks resigned
from Columbia Records to become
director of artists relations for
RCA-Victor.
N. Y. Central Railroad in 1949
earned $9,727,816 or S1.51 a share
VS.. $14,727 .096 or 1928 in 1913.
Virginia Railway Co. earned
$3.5o1,617 or $1.46 a share in 1s4s
VS.. $6,96S,497 or $4.23 in 194s.
Virginia Electric g. Power Or.
in the year ended December 81
earned $7,880,58O or STA a share
VS.. $5,S2o,ss1 or $1.45 year
earlier. @ d
International Harvester Co. ia
year ended December 81 earned
SCI ,270,433 or s4.36 a share VS..
$55,679,337 or 1892 in 1948. The
annual report limited prices may
be raised.
SeabOard Air Line Railroad in
194s earned $5,137 1874 after a So
o18.400 deduction for sinking and
capital fund ALLEGATIONS, VS.. So
SGT $50 in 1913.
Hercules Powder Co. earned 80
951 800 or $3.50 a share in 194s
VS.. $10,947,062 or $500 in 1948.
Sun Oil Co. earned S25.177,875I
or S4.57 a share in 1949 VS.. s42.-
oo3 1893 or 1851 a year earlier.
Bethlehem Steel earned s99.-
283,539 or 1888 a share in the
year ended December 81 VS.. 500
BAT $50 or 1886 in 1948.
Allied Mills, Inc, earned So
376, 1923 or $2.99 in 1919 VS.. s2.635-
$40 or 1929 in 1913.
American Steel Foundries in the
quarter ended December 81 earned
$l72,236 or Is cents a share VS.
$2,528, 1863 or $2.13 a share a wear
earlier.
AFT, Inc, earned $7so,s74 or
$l.25fa share in the 8 months
ended December 81 VS.. $2,033. 893
or 1925 year earlier.
y Atch.s Top. q S. F. Rwy. earned
$50,042,147 or $l8.06 a share in
l949 VS.. $62,842.771 or $23.33 in
1948. s.9s 49,
Dresser industries earned So
525,l82 or $3.Q2 share in the
year ended October 81 VS.. s8,os8.- |
AZ or STA a year earlier.
Mathies0n Chemical Corn
earned $6.991.o12 or s5.I4 in Ie4e
VS.. $4.S22,sl2 or 1851 in ls48.
Phila. & Reading Coal g. Iron
earned $3,682.49 or s2.5s in 1s49
VS.. $6,l75,63o or $4.31 a year
earlier.
Proctor & Gamble Co. for the 6 |
months ended December 81 earned
$32. 704.89l or $500 VS.. $25,938, o42
or $4.03 a year earlier.
st. Louis-San Francisco Rwy.
In 1949 earned $5,598,313 or. $500 |
VS.. 81 1891 ,096 or $3.46 in 1913.
U. s. Pipe & Foundry in the
year ended December 81 earned
S4,510,902 or $6.48 VS.. $5,662,844
or $8.13 in 1948.
Republic Pictures Corp. declared
50-cent dividend on it's preferred
stock which is in arrears. Pay
ments of Is cents we're made in
the three previous quarters.
Eagle Pitcher Co. declared
dividend of 80 cents
common share. Previous pay
ments were As cents quarterly.
Electric Auto-Lite Co. has laid
off 1000 of 5000 workers in five
Toledo plants for the duration of
the Chrysler strike.
ESQ Standard Oil Co. an
nounced consumers price cut
OF " a cent gallon on kerosene.
Standard Brands, Inc, declared
quarterly dividend of 80 cents
common share, payable of record
February Is.
Retail Trade dollar volume con-
tinlJnH this uoaH RI v.,,,, t,1o,,, . |