Evening star., 1950-03-27
Business Briefs

Furniture Orders booked in
February were 44qo above a year
earlier in dollar value-Seidman
81 Seidman. The uptrend in
furniture demand, which began
last summer. has not yet spent
itself. the accountancy firm de-
clared.
Zinc Prices advanced to 10A
cents a pound. East st. Louis
basis. the second quarter of a cent
increase in two weeks.
National Steel Corp. stockhold-
ers approved a 3-for-l split in
common stock, effective March 80.
Baldwin Rubber Co. declared a
quarterly dividend of Is cents and
an extra Of 20 cents common
share, both payable April "a, rails
ing payments for the fiscal year
ended June 80 to $1.10 VS.. IS
cents in the previous period.
Equitable Life Assurance Socie-
ty announced a plan to buy new
freight cars and lease them to the
railroads.
Transcontinental Gas Pipeline
Corp. reported it's s1O0 million
construction program will bring
natural gas to the New York area
on a large scale possibly as early
as next November.
Aluminium, Ltd, earned S27,-
006.181 or $7.25 share in 1949
VS.. $27, 7,329,6 ,642 or $7.34 in the pre-
vious year.
Sun Oil Co. net income for 1e49
was $25,177,875 or $4.5s VS.. $42,-
853.S39 or 1851 in 1948.
Corn Products Refining Co.
earned $14,035, ,622 or s4.87 in 1949
VS.. $12,870.322 or SAL in the pre-
vious year.
United Aircraft Corp. net in
come for 1949 was $10,93,182 or
1891 VS.. $9,423.718 or $3.05 in
1913.
Cleveland Cliffs Iron Co. earned
$8,646,199 or 1924 in 1949 VS..
$S,S45,988 or 1902 in the previous
year.
st. Joseph Lead Co. net income
for 1949 was $8,564,436 or s4.34
VS.. $9,636,737 or s488 in 1948.
American Metal Co., Ltd,
earned $5,574.158 or $4.22 in 194s
VS.. $5,602.458 or $4.25 in the pre-
vious year.
Standard Gas & Electric Co.
net income for l949 was 1924
1913 VS.. S., f46 1868 in 1948. Net for |
the present company and sub
sidiaries was $9.304,5S7 VS.. Sc, $685.
100.
South Penn Oil Co. and sub
salaries earned $5,736,461 or 1928
in 1949 VS.. $7,910,865 or $4.59 in
the previous year.
Hooker Electrochemical Corp.
net income for three months end
ed February % was $783, 100 or "a
cents VS.. $685. 900 or 73 cents In
the same period a year earlier.
Seeger Refrigerator Co. earned
81 1858 or $1.44 in six months
ended February VS.. $1,837050 or
$1.67 a year earlier.
United Gas Improvement Co.
net income for 1949 was $2206, ,556
or $1.41 vs.. $2,380,242 or $1.52 in
1948.
Allegheny Corp. earned $780,
557 in 1949 VS.. $3,925.952 in the
previous year.
American Stove Co. had a loss
of 81 ,302 $3.50 in 1949 VS.. net income
of $570,690 or $1.05 a share in
1948.
Sprague Electric Co. earned ST.
206, ,054 or $2.48 in 1949 VS.. $685.
$40 or $1.71 in the previous year.
Crown Cork g. Seal Co. net in
come for 1949 was $2,019.867 or
$1.22 VS.. $4.515,1l3 or 1923 in
l948.
Pressed Steel Car Co. earned
81 ,689, 800 or $1.43 in 1949 VS.. a
deficit of s2.270.s41 in the previous
year.
Arnold Constable Corp. profit
for the year ended January 81
was $806,772 or $3.50 VS.. 1886, 1873
or $2.84 in the preceding fiscal
period.
Thermoid Co. earned $892,642
or $1.01 in 1949 VS.. $1,040, ,469 or
81 20 in the previous year.
Tilo Roofing Co. net income for
l949 was $412, ,223 or 80 cents VS..
S828, ,679 or $1.79 in 1948.
Weston Electrical Instrument
Corp. earned $313,504 or $1.95 in
l949 VS.. $295, ,087 or $1.84 in the
orevioI,s wear