Evening star., 1950-04-05
Business Briefs
LIST INCLUDES ONLY SELECTED IssuI

Electric Power Consumption de-
clined to 1,936,00O kilowatt
hours in the week ended April /
VS.. 1898, ,062 900 in the previous
week, but remained 9.9T ahead
of 5,377,662.0o0 in the like 1949
week-Edison Electric Institute.
Security and Commodity Ex-
changes throughout the United
States and Canada will be closed
on Good Friday. April 7.
New Rubber Consumption by
United States plants IN the first
two months Of 1850 totaled 1872
287 tons. a gain Of 8.4ee from the
same 1949 period-Commerce De-
partment.
Saturday Closing Of the New
York Stock Exchange for the sum-
mer may be extended to four
months as usual, according to the
Associated Press. The exchanges
board recently adopted the short
week for two months only, but It
meets again tomorrow and may
extend the short week to the
longer period.
Equitable Life Assurance So
ciety has contracted to buy 1900
freight cars from Pullman Stand
ard Mfg. Co. and will lease them
to Atlantic Coast Line Railroad.
Equitable is expected to reach a
similar agreement with New York
Central for $500 cars in a few
days.
Jones & Laughlin Steel Corp.
completed negotiations with six
life insurance companies for the
sale of S40,000,000 of first mort
gage bonds. Proceeds will be used
to complete j. & LIS improvement
program.
Chase National Bank reported
profit equal to II cents a share
nj the first 1850 quarter VS.. SO
cents in the same 1949 period.
Deposits on March 81 totaleu
$4,224, 989.652 VS.. $4,384,572,390
three months earlier and $4.067,-
l76,570 o nthe same 1949 date.
Kroger Co. sales in four weeks
ended March Is totaled s64,325,-
3lS, a drop Of .49s from a year
earlier: in IL weeks ended March
Is, slS6,7l9,6Sl, a decline of 2%
G. c. Murphy Co. sales for
March amounted to $l0,273,964, a
gain of 5.2% from a year earlier:
for three months. $27,2s7,320. a
rise of .7T.
H. L. Green Co. sales in March
totaled $6,972.083. q rise of 2.e%
from a year earlier; in two months
ended March 81. $12,605.836, al
gain Of .2T.
Consolidated Retail Stores, Inc,
sales for March totaled S2,S04,7s1.
decline of 10To from a year
earlier; for three months, $s,6e4,-
1872. drop Of 1887.
National Shirt Shops sales in
March amounted to $l,1ll,955. an
increase Of 1917 from a wear
earlier; in three months, $2,9O6,-
439, a gain of 9.7E. |
New York, New Haven e. Hart
ford Railroad asked ICC permis-
sion to buy all outstanding 5%
debentures of the Boston e. Provi- }
dence Railroad.
Howard Stores Corp. earned ST.
107,766 or $2.48 in 1949 VS.. sl,O59,-
355 or s2.34 in the previous year.
General Bronze Corp. net in
come for three months ended
March 81 was s203, ,056 or IS cents
VS.. $79.685 or IS cents in the same
1949 period.
Hiram Walker Gooderham &
Worts, Ltd, earned $l4,147.344 or
$4.90 a share in six months ended
February % VS.. $13,e59.lS7 or s4.73
a year earlier.
Anaconda Wire h Gable Co. net
income for l949 was $3,734,52s or
SAP VS.. $7,009, 1876 or $3.50 in 1948.
Duplan Corp. earned $l,593,670
or $1.70 in nine months ended
February % VS.. $2,949,8l4 or $3.50
q year earlier.
Warner Co. net income for 1949
was $2.632,953 or $5.55 VS.. $2,275,-
S97 or $4.79 in 1948.
Pacific Portland Cement Co.
earned 81. .633 ,636 or S20.21 in l949
VS.. S2,l50.233 or $24.l5 In the pre-
vious year. .-.
Gladding, Mclean & Co. earned
81 1.215.S07 or S5.79 in 194o vs..
81 .504 ,223 or 37.l6 in the previous