Evening star., 1950-08-06
Business Briefs
Ruhher ConSumntian

nuDDcr Consumption Uy OulGc
States plants in June set a recor
of HOP tons, including bot
natural and synthetic rubber,
gain of 1000 tons from the pre-
vious high in May and 27,00
tons above June, 1949-Commerc
Department.
Freight Car Orders from do
mestic lines totaled 30,o65 in July
largest monthly figure in 26 year
American Railway Car Institute
The July total contrasted will
2,l95 ordered in June and 408 il
July, l949.
Walgreen Co. declared a flsca
year-end dividend of Is cents ant
a regular quarterly of 40 cents
both payable September IL. Di
rectors voted to call for redemp
ton all 40 preferred stock Of
September 16.
w. A. Shaeffer Pen Co. declare,
an extra dividend of 20 cents an,
a regular quarterly of 10 cent.
both payable August IS.
Allied Laboratories, Inc, de
clared an extra dividend of i
cents and a regular quarterly o
rs cents, both payable October
Aluminium Co. of America de
clared a dividend of so cents
common share, payable Septem
ber 8.
American Natural Gas Co. reg
istered with the SEC 334,934 com
mon shares to be offered presen
holders at the rate of one nev
share for each 10 held.
S. S. Kresge Co. sales in Jul,
totaled $2l. ,937. a gain of 4.s%
from a year earlier; in sever
months. $144,830,322, a decline O
80.
S. HI. Kress & Co. sales for Jul,
amounted to $1l.S67,664, a rise o
2.3% from a year earlier: TO
seven months. $79,628,462, a drol
of 4.7%.
G. c. Murphy Co. sales in Jul,
totaled $11,315,383, an increase O
S.2% from year earlier; in sever
months, $74.443.s81. gain o
2.2%.
Butler Brothers sales for Jul,
amounted to $1o.s0s, 500, a gail
OF $3.50 from a year earlier; TO
seven months. $61.510,44s, a de
cline Of 8.1%o.
McCrory Stores Corp. sales i,
July totaled $7,477.S17, a rise O
$3.50 from a year earlier; in seye]
months ended July 81, $49, ,7s2, ,2ot
a gain Of 1870.
COca-Cola Co. and subsidiarie
reported net income of $l5,43s
650 or 1851 a share in six month
ended June 80 VS.. $16,936, ,234. O
$4.12 in the same 1949 period.
United States Gypsum Co
earned $14,774,73s or $9.07 a shar
In six months ended June 80 W
$40. 1926, ,102 or $6.29 a year earle,
Studebaker Corp. net income TO
six months ended June 80 wa
$14,424,3s2 or $6.l3 VS.. SILICA,
93l or $4.97 in the same l949 pe
riod.
Borden Co. earned $3.50, 900 o
$2.31 in six months ended June 8
vs.. $10.200,200 or $2.37 q yea
earlier.
Motor Wheel Corp, profit for 81.
months ended June 80 was $2,311.
235 or $2.73 VS.. 81 l.445, ,726 or SIT
in the same 1949 period.
Anaconda Wire & Gable Co
earned $1,927,049 or 1928 in 81,
months ended June 80 vs.. 81, 1872.
383 or $2.04 a year earlier.
Texas Gulf Producing Co. ne
income for six months ended Jun'
80 was 81 .442.810 or $1.33 VS.. ST.
642, ,627 or $1.52- in the same 1874!
period.
Remington Arms Co. earned ST.,
157, ,750 or IA cents in six month
ended June 80 VS.. $788,913 or
cents year earlier.
Griggs & Stratton Corp. ne
profit for six months ended jun
80 was 81, 1,128.860 or $1.90 VS.. 81.
682, ,5S6 or $3.50 in the same 1874!
period.
Venezuelan Petroleum Co
earned $1,116.879 or % cents II
six months ended June 80 VS.. ST.
344 ,903 or "a cents a year earlier
American News Co. net income
for six months ended June 80 wa!
$744,442 or SO cents VS.. $3.50, ,88t
or $1.13.
Poor & Co. profit six month
ended June 80 was $660.000 VS.
1000 in the same 194S period