Evening star., 1950-08-02
Business Briefs
LIST INCLUDES ONLY SELECTED ISSUES

| T1A WdILIlIU WATCH
Glen A CT .4Oe-. l4zs WrightHar .I2e IA
II Business Briefs
Electric Power Consumption set
new record for the second
week in a row. totaling 6,190,098
kilowatt hours for the week ended
July 20 VS.. 6,185, 100000 in the
previous week and was 1927
above 5,518,495 in the like 1949
week-Edison Electric Institute.
Lionel Corp. declared an extra
dividend of 25 cents and a regular
quarterly of Is cents. both pay
able August 81.
Timken Roller Bearing Co. de-
clared a dividend of rs cents
a common share, payable Septem-
ber S. Previous payments were
so cents.
Creole Petroleum Corp. de-
clared a dividend of 80 cents
common share, payable Septem-
ber 8. Previous payments were
rs cents.
National Lead Co. declared an
extra dividend rs cents and a
regular quarterly Of Is cents,
both payable September 90.
Granite City Steel Co. regis
tered with the SEC 99,446 CON-
mon shares for Offering to present
holders at the rate of one new
share for each four hold. The
price will be announced later.
Southern Pacific Transportation
System earned $17,878,587 or
$4.74 a share in six months ended
June 30 VS.. $10,438,824 or $2.77 a
year earlier.
Borg-Warner Corp. net income
for six months ended June 80 was
$15,779.074 or $6.62 VS.. $40, ,889 ,O51
or $4.52 in the same 1949 period.
Southwestern Bell Telephone Co.
earned $6.061 ,213 in three months
ended June 80 VS.. $4,083,1O
year earlier.
American Gas g. Electric Co.
net income for II months ended
June 80 was -$22,534,193 or $4.54
VS.. $21 ,170,559 or $4.56 in the pre-
ceeding fiscal period.
Amerada Petroleum Corp. earned
So, 100000 or $2.16 in three months
ended June 80 VS.. $3,194,375 or
$203 a year earlier.
Peoples Gas Light g. Coke Co.
net income for six months ended
June 80 was $6,446,771 or S6.91I
VS.. $5,474,966 or 1894 in the same
l949 period.
Revere Copper g. Brass, Inc,
earned $4.810,425 or 1888 in six
months ended June 80 VS.. $1,791,-
$50 or $1.21 a year earlier.
Keystone Steel & Wire Co. and
subsidiaries had net income OF
$8,487,414 or $4.53 in the year
ended June 30 VS.. $4,607,2e9 or
$2.46 in the preceding fiscal pc
riod.
Pittsburgh Steel Co. earned ST.
433,843 in six months ended June
30 VS.. $2.438,442 a year earlier.
Brooklyn Union Gas Co. net in
come for six months ended June
80 was $2,297,2o6 or $3.O3 VS.. So
245,805 or $301 in the same 194e
period.
Seaboard Oil Co. of Delaware
earned $2,362,589 or $1.93 in six
months ended June 30 VS.. $2,878,-
1893 or $2.35 year earlier.
Cluett, Peabody e. Co. profit for
six months ended June 80 was
$2,115,673 or $2.52 VS.. $1,O85, 1888
or SLOT in the same 1949 period.
White Sewing Machine Corp.
earned $1,845,034 or $5.O4 in six
months ended June 30 VS.. 81 ,491,-
651, or $500 a year earlier.
Purity Bakeries Corp. profit for
% weeks ended July Is was ST.
597,816 or $1.98 VS.. $1,431, ,683 or
$1,78 in the like 1949 period.
York Corp. earned $1,860602 or
Sill in nine months ended June
80 VS.. $1,644,828 or SLAB a year
earlier.
Tung-Sol Lamp Works, Inc, net
income for 26 weeks ended July l
was $1,460,592 or $4.27 VS.. $290,391
or 50 cents in the like 1949 period.
General Outdoor Advertising
Co. earned $685,419 or s1.O9 in
three months ended June 80 VS..
$682,857 or $108 a year earlier.
National City Lines, Inc, profit
for six months ended June 80 was
81 ,228.134 or 81 cents VS.. $1,227.932
or 81 cents in the same 1949
period.
Lambert Co. earned $1,O70,057
or $1.42 in six months ended June
80 VS.. $942, ,494 or $1.26 a year
earlier.
Mccall Corp. profit for three
months ended June 80 was $340,-
824 or 56 cents VS.. $373,412 or 81 |
cents in the same 1949 period.
Raytheon Mfg. Co. earned
$935.41 or 49 cents in the year
ended May 81 VS.. $946,211 or 49
cents a year earlier.
Air-Way Electric Appliance Corp.
net income for six months ended |
June 80 was $742, ,202 or 1920 VS..
$560.315 or $1.52 in the same 1949
period. H. !