Evening star., 1950-04-18
Business Briefs
1IS1 INCLUDES ONLY SELECTED ISSUki
Business Failures decline

Business Failures declined to
20l in the week ended April 13
VS.. 203 in the previous week, but
remained ahead of 1874 In the like
l949 week-Dun & Bradstreet.
Domestic Copper Price was
raised a cent a pound to 1917
cents by a leading producer. It
was the first price change in the
metal so far this year.
General Electric Co. reported
record production of television
and radio sets. refrigerators and
several other products. Unified
order for small appliances total
nearly a million units, stockhold-
ers were told.
Westinghouse Electric Corp. IS
making home appliances at the
fastest rate in its history. said r
j. Newcomb, sales manager.
United States Rubber Co. sales
in the first 1850 quarter approx
mated $130,166, 900. a gain of To
from a year earlier, Chairman
Herbert E. Smith said at the an
nual meeting.
Bangor e. ArostOok Railroad
was authorized by the ICC to re-
arrange its bonded debt. now
scheduled to mature July /. 1851.
Wilcox Oil Co. declared a divi-
dend of Is cents common share,
payable May %. Previous pay
ments were 10 cents.
Union Carbide & Carbon Corp.
earned $27.407.345 or 95 cents a
share in three months ended
March 81 VS.. $24,529,4l9 or IS
cents a year earlier.
Phelps Dodge Corp. net income
for three months ended March 81
was estimated at $7.250,000 or
$1.43 VS.. earnings of around $2.52
a share in the same l949 period.
Caterpillar Tractor Co. earned
$6,924 ,059 or SLIT a share in three
months ended March 81 VS.. $4,-
796,621 or $1.27 year earlier.
Federated Department Stores,
Inc, net income for the year end
ed January % set a record of
SIS, 5,440, ,496 or $5.57 a share VS..
$14,780. 181 or S584 in the pre-
ceding fiscal period.
Timken Roller Bearing Co.
profit for three months ended
March 81 was $3,059.563 or $1.26
VS.. $2.945.137 or $1.22 in the same
1949 period.
Colorado Fuel & Iron Corn.
earned $1,613,078 or s1.30 in three
months ended March 81 VS.. ST.
518.797 or $2.11 year earlier.
Walworth Co. reported deficit
of $46,25l for three months ended
March 81 VS.. net income of $685.
253 in the same 1949 period.
Monarch Machine Tool Co.
earned $101,732 or 48 cents in
three months ended March 81 VS..
S117,731 or 56 cents a year earlier.
Rome & Haas Co. net income
for three months ended March 81
was $1,712,000 or $2.06 VS.. $902.-
600 or $1.05 in the same 194s
period.
Robertson Fulton Controls Co.
earned $1.536,544 or $1.23 In three
months ended March 81 VS.. $780,
279 or 36 cents a year earlier.
Houdaille- Hershey Corp. net in
come for three months ended
March 81 was $685., ,756 or "a cents
VS.. $724.564 or 70 cents In the
same 1949 period.
Mountain States Telephone l.
Telegraph Co. earned 81. .480, ,421 or
$1.61 in three months ended March
81 VS.. $1,215,970 or $1.68 a year
earlier.
Granite City Steel Co. net in
come for three months ended
March 81 was $1.201 ,879 or 1902
VS.. 1921. .018 or $2.15 In the same
1949 period.
Falstaff Brewing Corp. earned
$741 1888 or 80 cents in three
months ended March 81 vs..
$1.l68,694 or So cents q year
earlier.
Republic Pictures Corp. net in
come for 13 weeks ended January
% was $290,766 or 10 cents VS..
S248,80 or 8 cents In the like
1949 period.
REQ Motors, Inc, earned $50
386 or 10 cents a share In three
months ended March 81 vs.. a
deficit Of 1904 .004 Q year earlier.