Evening star., 1950-07-26
Business Briefs
LIST INCLUDES ONLY SELECTED ISSl
Electric Power Consumption

Electric Power Consumption set
IA record of 6,185, ,702. 900 kilowatt
hours in the week ended July %
VS.. 6,006. .345,000 in the preceding
week and was 13.3% above 5,461,-
665, 900 in the like 1949 week
Edison Electric Institute.
Newspaper Advertising Lineage
in So cities in June totaled 209,-
|092 ,696 agate lines, an increase of
15,805,572 from the same 1949
month-Media Records. For six
months the total was 1.198. .205, ,123
VS.. 1.138,857,076 year earlier.
Marathon Corp. declared a reg
ular quarterly dividend of 35 cents,
payable August 81, and increased
the dividend for the fourth quar-
ter to As cents, payable November
80.
Deere G. Co. declared a special
dividend of rs cents and a regular
quarterly of 25 cents, both payable
September l. A special of so cents
was paid last quarter.
National Supply Co. announced
it's purchase of the Atlas Imperial
Diesel Engine Co. of Oakland,
Calf, for an undisclosed sum.
Atlas will be moved to Springfield,
Ohio.
United States Steel Corp. earned
$119,O79, ,238 or $408 share in six
months ended June 80 VS.. $94 ,052,-
265 or 1912 a year earlier. Net for
three months ended June 80 was
500, 1851. .496 or $244, highest for
any quarter since 1916.
Union Carbide & Carbon Corp.
net income for six months ended
June was $6O,805,1 ,199 or $2.11
VS.. $42, ,126, ,139 or $146 in the same
1949 period.
Shell Oil Co. earned $50, 9,478.935
or $2.93 in six months ended June
80 VS.. $37,541,531 or $2.7s a year
earlier.
American Cyanamid Co. net in
come for six months ended June
80 was $17,787,948 or $5.01 VS..
$7,212,245 or $2.63 in the same
1949 period.
International Business Machine
Corp. earned $17,511,515 or $6.34
in six months ended June 80 VS..
Sic, 6,209,105 or $5.87 year earlier.
Jones & Laughlin Steel Corp.
net income for six months ended
June 80 was $16,314,970 or $500
VS.. SIS, 5,168,899 or $3.50 in the
same 1949 period.
National Gypsum Co. earned
81, ,459 ,484 or S2.01 in six months
ended June 80 VS.. $2,414,462 or
$1.05 year earlier.
Remington Rand had net in
come of $1,901,217 or 40 cents in
three months ended June 80 VS..
81 ,5O5,810 or 81 cents in the same
1949 period.
Outboard Marine & Mfg. Co.
earned $2,435,117 or $4.10 in six
months ended June 80 VS.. $1.527,-
423 or $2.57 year earlier.
Robert Gair Co., Inc, net in
come for six months ended June
80 was $2,418, ,453 or $1.26 VS.. $2,-
098,724 or $1.08 in the same 1949
period.
Pfeiffer Brewing Co. earned ST.
814,258 or $1.51 in six months
ended June 80 VS.. $1,717,245 or
SLAB a year earlier.
Simonds Saw G. Steel Co. net
income for six months ended June
80 was $1,740,264 or $3.50 VS..
1926, ,9O3 or $1.86 in the same 1949
period.
Moore Nc Cormack Lines earned
$1,475,942 or 96 cents in six
months ended June 80 VS.. $3,128,-
218 or $2.05 a year earlier.
Commercial Solvents Corp. net
income for six months ended
June 80 was ST, ,376,O11 or So cents
VS.. $1,563,757 or SO cents in the
same 1949 period.
Ward Baking Co. earned
$1,130,681 or $1.29 in 27 weeks
ended July 8 VS.. $1,430,203 or
$1.73 a year earlier.
Consolidated Cigar Co. net in
come for six months ended June
80 was $92O,124 or $2.76 VS..
$737 ,223 or $221 in the same 1949
period.
Lehigh Coal g. Navigation Co.
earned $943,876 or A. cents in six