Evening star., 1950-10-06
Business Briefs


to $27. .188, 100000, a rise of $128I
million over the previous week but
1888 million below a year ago.
Federal Reserve Board.
Bituminous Coal Production
was estimated at 11,430,000 net
tons for the week ended Septem-
ber 80 VS.. 11,410,000 the previous
week and 1,784,00o a year ago
during a UNIV strike.-Nationa
Coal Association.
Engineering Construction Con-
tract Awards totaled $287, ,974 900
during the week ended Monday.
or 25qo above the weekly average
to date this year. This volume
compared with $244.8l1 900 the
previous week and $152, 400 900 in
the 1949 week. - Engineering
News-Record.
Motor Vehicle Production this
week is estimated at 145, 5,688 cars
and 25e09 trucks. VS.. 154.234 and
24,410 last week and 120,584 and
20 448 N the 1949 week-Ward's
Automotive Reports. s.a.
c. G. Murphy Co. September
sales totaled S12,652,1 ,140, up 14.59o
over the S11.051. $3.50 a year ear
lier. Sales for the first nine
months of 1850 were s98,544,475.
an increase of 45qo over the 1949
figure.
F. w. Woolworth Co. sales for
September totaled $50,370,4 ,495 -oi'
8.3oo more than the $46,502, ,639
for the year-ago month. Sales for
the first nine months of 1850 were
S414.6ll,841, up $40 over a year
earlier.
S. S. Kresge Co. September sales
were $24,735.584, up $40 over the
$22, 2,811 ,040 in the same month last
year. Sales for the first nine
months of the year totaled S192,-
714,124 or 1870 over the like 1949
period.
Montgomery Ward & Co. Sep
tember sales totaled $113,429, ,642,
up $50 over the $106,734.855 in
September, 1949. Sales for the
eight months through September
totaled $769 ,242,533, up $50 from
last year.
Western Maryland Railway Co.
declared 81 dividend on 79oe Gu
mulativc first preferred stock for
the year ended June 80, 1881, pay
able to record of November i.
McGraw Electric Co. declared
an extra dividend of SO cents and
a regular quarterly of rs cents,
both to record of October 13. A
like extra was paid last November.
Railway & Light Securities Co.
voted a dividend from realized
gains of $1.90 as well as regular
quarterly of 80 cents and an extra
of 80 cents. all to record of Oc-
tober Is. ....
]. P. Morgan & Co. .sInc., profit
Cor the nine months ended Sep
tember so was $2,353,O38 or s11.76
a share VS. $3,950,575 or STATS a
year earlier
Woodward Iron Co. earned So
847,935 or $5.46 a share in the
nine months ended September 80
VS.. S4.o96,729 or $5.S1 a yea
earlier
Washington Water Power profit
for the year ended August 81 was
$2,979.268 VS.. $2,453,842 a year
earlier.
Sheraton Corp. of America
earned $1,792,917 or $1.19 a share
in the quarter ended July 81 VS..
$467 ,205 or 20 cents a year earlier.
Eagle-Picher Co. profit for the
quarter ended August 81 was ST.
132,094 or $1.27 a share VS.. $751;
$50 or 80 cents a year earlier.
Raytheon Manufacturing profit |
for the August 81 quarter was
$568,885 or % cents a share VS..
a loss of $546,774 a year earlier.
A. DePinna Co. lost $159.047 in
the six months ended July 81.
EasetTn Air Lines has arranged
for a $50 million 5-year bank
credit with a group of 81 banks
located on the airline's system.
Yates American Machine Co.
profit for the year ended June 80
was $404.832 or $2.05 a share VS..
s836.623 or $4.24 a yaer earlier.
Standard Thompson Corp. earn
ed 1894 ,591 or At cents share in
the quarter ended August 81 VS..
$332, 800 or 56 cents in the 1949
period.
Curtiss- Wright Corp. subsidiary,
the Wright Aeronautical Corp, has
acquired rights to produce British
turbo-jet and gas turbine pro-
oeller engines.
Nachman Corp. profit for the
year ended June 80 was $606, 6,125
or $3.40 a share VS.. $613,760 or
$344 a year earlier.