Evening star., 1950-03-07
Business Briefs
Business Failures declined r.

cSS dAuIcs declined 10 119
in the week ended March 2 VS.. 210
in the previous week and 1875 in
the like 1949 week.-Dun & Brad
street.
January Imports into the United
States totaled $622.7OO, 900, a gain
| OF $17,600.000 from the previous
month and $32, 400, 900 above the
like 1949 month.-Census Bureau.
Exports totaled $743,600,O a
drop of $199, 100000 from the pre-
Ivious month and $500, 500 900 below
January, 1949.
Exportable Coffee Production of
the world for 1949-5o approx
mated 29.900.000 bags, a drop of
so from the previous year, but
40 above the November, 1949,
forecast.-Agrciulture Department.
Montgomer Ward e. Co. sales
in February totaled $63, ,8O5 ,O37,
a drop of 6.6%o from a year earlier.
F. w. Woolworth Co. sales for
February amounted to $40,616 ,28l,
a gain of so from the same l949
month. ,..rss
Kroger Co. sales in four weeks
ended February Is totaled $685.
O45,533. a decrease of 80 from
year earlier.
Mercantile Stores, Inc, sales for
February amounted to Sc, ,902, 500.
q decline Of 2.6% from the same
l949 month.
Interstate Department Stores,
Inc., sales in February amounted
to So, 3,428, TOT, a drop of 6.7% from
a year earlier.
Diana Stores Corp. sales for
February totaled $1.060,136, a de-
cline OF 6.8% from February, 1949,
Lerner Stores Corp. sales in t'eo-
ruary totaled s6,121, ,367, a drop
OF 11.7% from the same 1949
month.
Deere & Co. earned $7,361,565
or $2.27 a share in three months
ended January 81 VS.. s6,S22, ,543 or
$2.09 a year earlier.
fure Oil Co. net income for
1949 was $26,977,116 or 1922 VS.
SAL .672.136 or $9.91 in 1948.
Consolidated Natural Gas Co.
earned $11.745.507 or $3.50 in|
l949 VS.. $l2.265.714 or $3.75 in the
previous year.
Texas Eastern Transmission
Corp. net income for 1949 was
$7,27S,3l3 or $1.58 VS.. $5,433,143|
or $1.18 in 1948.
Weyerhaeuser Timber Co. earned
$24. .633,0l6 or $7.88 in 1949 VS..
$25, ,e62,537 or $8.49 in the previous
year.
Gardner-Denver Co. net income
for 1949 was $2,185, ,483 or s3.13l
VS.. $1.97l,732 or $2.86 in 1948.
Emerson Radio g. Phonograph
Go. earned $1,225.912 or $l.39 in
l3 weeks ended February 4 VS..
$S0,845 or $1.01 year earlier.
Mullins Mfg. Co. profit for 19491
was s2,900,635 or $2.35 VS.. &c.
418,222 or $5.07 in the previous
year.
Texas Gulf Producing Co. netl
income for 1949 was $3,381 ,359 orE
$3.13 VS.. $3,830,045 or 1912 in 1948.
Within Machine Works earned
$4,645,570 or $500 in .1949. VS..
$5.905,179 or -$16.78 in the previous !
year.
Murray Ohio Mfg. Co. net tn-1
come for 1949 was $1,350,28l ort
$10.2s VS.. $1,455,569 or $11.28 in |
1948.
National Enameling & Stamp I
ing Co. earned $128,473 or 28 cents |
in 1949 VS.. $1,231, 500 or $3.50 in |
the previous year. I
Lynch Corp. net income for
1949 was $642,247 or $l.43 in 1949 |
VS.. $966,158 or $2.15 in 194s.
Mohawk Rubber Co. earned
$296, ,374 or 5000 in 1949 VS.. $685.
528 or $2.74 in the previous year.
Seiberling Rubber Co. reported
a deficit of $359,351 for 1s4s VS.
net income Of $467, ,758 or "a cents
a share in 1948.
Monarch Machine Tool Co.
earned $557. 1856 or $2.65 in 1949
VS.. $639,882 or $3.05 in the pre-
vious year.
Bridgeport Brass Co. had a def
cit of $1.213.957 for 1949 VS.. net
income Of $1.934.895 or $1.97 in
1948.
Baltimore & Ohio Railroad han
died 42.482 cars Of freight in the
week ended March 4 VS.. 39.023 in
the previous week and IS, ,735 In
the like 1949 week.