Evening star., 1950-11-16
Business Briefs
Petroleum Production ]

FeLrOleum FrO0uctl0n rose 10
5,910, TOO barrels in the week ended
November II. an increase Of 1880
over the previous week. Output
In the like 1949 week was s, ,127 900
barrels.-American Petroleum In
stitute.
Construction Contract Awards
in the 81 states east of the Rockies
In october totaled $1.135,815, 900,
1870 below September but TO
above October Of 1949.-F. w.
Dodge Corp.
Life Insurance Companies have
invested nearly 81 billion in Sc
curities Of natural gas pipelines
since the end Of World War n
Institute Of Life Insurance.
New York Stock Exchange has
sold two memberships for $4,000
and $4,000. The preceding sale
was at $40 900. sa,g3S si5 :, =
st. Regis Paper Co. plans to
build pulp manufacturing facilities
In Florida and install two kraft
paper machines at a cost of $50
million, a5sss a,..a7 ;.
West Point Mfg. Co. viii in
crease its capital stock to S mil
lion shares and, under authority
voted by the stockholders, has de-
clared a 1000 stock dividend to
record of November 80. @
Chesapeake G. Ohio Rwy. earned
$50, ,652, 900 or $685. a share in
the 10 months ended October 81
VS.. $12,527,338 or $1.52 in the
1949 period.
Food Machinery g. Chemical
Corp. profit for the nine months
ended September 80 was $5.306.-
586 or $2.27 a share VS.. s4,144,451
or $1.72 in the 1949 period.
Food Mach. g. Chem. Corp.
profit for the nine months ended
September 80 was 1906 .586 or
1927 a share VS.. $4,144.451 or
$1.72 in the 1949 period.
Great Lakes Paper Co., Ltd,
earned $1,723.892 or 1884 a share
in the nine months ended Septem-
ber 80 VS.. $1,174,008 or $2.26 in
the 1949 period.
HarbOr Plywood Corp, earned
81, ,461, ,703 or SLAB a share in the
nine months ended September 80
VS.. q loss Of $295, ,270 in the 1949
period.
Louisiana Land & Exploration
profit for the quarter ended Sep
tember 80 was $2.882.962 or 81
cents a share VS.. $1,849. .565. or 81
cents in the 1949 period.
North American Oil Consol.
profit for the nine months ended
September 80 was $2,003,23 or
$7.37 share VS.. $1,788,826 or $6.58
in the 1949 period.
Sunbeam Corp. profit for the
nine months ended September 80
was $6,488,205 or $7.21 a share
VS.. $4,108,845 or $4.57 in the 1949
period. H..
United Aircraft Corp. profit for
the nine months ended September
80 was $9.341 ,533 or $3.15 a share
VS.. $6,548.H1 or 5000 in the 1949
period.
Wick Chemical Co. profit for the
September 80 quarter was $1,845,-
975 or $1.32 a share VS.. $2,015,722
or $146 in the 1949 period.
WoOdall Industries, Inc, profit
for the year ended August 81 was
81 ,631 $50 or $3.85 a share VS.. ST..
624,592 or $3.81 year earlier.
National Cash Register Co. has
authorized 179,080 new shares of
common stock, paving the way for
a stock dividend.
Texas Gulf Sulphur Co. declared
81 dividend and an additional of
Is cents on common, both payable
December Is.
Canadian Celanese, It., declared
a quarterly of go cents on common,
payable December 80.
American Woolen Co. declared
a 81 common dividend, payable
december 10.
Hazeltine Corp. declared year.
end dividend of 81 common, pay
able December Is.
Worthington Pump & Machin-
cry Corp. declared a so cent quar-
terly dividend and year-end
extra Of 80 cents, both payable
December 20. s...
Rome Gable Corp. declared an
extra of 10 cents and a dividend
of 20 cents on common, both pay
able December 26.
Fidelity and. Deposit Co. of
Maryland, declared an extra of 40
cents, payable December Is.
Colonial Stores, Inc, declared an
extra Of Is cents and a quarterly
of so cents on common, both pay