Evening star., 1950-02-28
Business Briefs
Business Failures declir

Business Failures declined to
l2lO in the week ended February
% VS.. 2l8 in the preceding week,
but remained well above 18O in
the like 1949 week.-Dun g. Brad
street.
Newspaper Advertising in 50
cities totaled 168,92l,l96 lines in
January, gain of 80 from the
same l949 month.-Media Rec
ords.
Automobile Registrations at the
end Of l949 totaled nearly 43,0o0.-
600, including 35.407, ,444 passen-
ger cars and 1886 trucks
Il. L. Polk & Co. Indicating a big
replacement market. 62% of the
passenger cars were prewar
models.
Foster Wheeler Corp. declared
an extra dividend of 81 and a
regular quarterly of so cents, both
payable April /. Previous quar-
terly payments were rs cents.
Certain-Teed Products Corn,
declared quarterly dividend of
70 cents, payable March IS. Previ-
Gus payments were Is cents. Profit
for 1949 was $4,684, ,8O8 or s2.83
a share VS.. $6.599, ,907 or $4.ol in
1948.
international Shoe Co. declared
a dividend of go cents a common
share. payable April l. Previous
payments were rs cents.
Westinghouse Electric Corn.
earned a record $67,258,555 or
s4.95 share in 1949, VS.. SIS, $685.
35l or SAIL in the previous year.
United Fruit Co. net income
for 1949 was $54,852, 1863 or s6.25
VS.. s5s,74o,231 or s6.sl in 1913.
Texas Sulphur Co. earned
s23,s63.192 or STA in le49 VS..
$24,23l,l5s or s7,25 in the previous
year.
Crown Zellerbach Corp. net in
come for nine months ended Jan
uary 81 was $13,924,396 or $4.49
VS.. $16,445,968 or $5.32 a year
earlier.
Champion Paper & Fibre Co.
earned $2,259. .063 or $1.95 in three
months ended December 81 VS..
$2,621 .696 or 1928 in the same
1948 period.
Mesta Machine Co. profit for
1949 was $500, ,299 or $3.50 VS..
$5,025,281 or $500 in 1948.
Marathon Corp. net income for
three months ended January 81
was 81 82,932 or SO cents. a share
VS.. $1,l80,045 or 86 cents a year
earlier.
Avco Mfg. Co. earned $4,150,4 1855
or 81 cents in the year ended
November 80 VS.. $7.913.736 or Sill
in the preceding fiscal year.
Blaw-Knox Co. net income for
194s was $3,53s,40 or $2.51 in
l949 VS.. $4,050, 895 or $2.87 in
1948.
Underwood Corp. earned $3,-
1882 or $3.50 in 1949 VS.. $6,0l2.-
802 or $8.19 in the previous year.
Food Fair Stores, Inc, profit in
20 weeks ended February 4 was $2.-
1872, ,639 or SLAB a share. No COM
parsons for a year earlier were
available.
Addressograph- Multigraph Corp.
earned $5,071,823 or $6.72 in the
year ended January 81 VS.. $+,665,-
SGT or $6.18 in the previous year.
National City Lines, Inc, net in
come for 194e was $2,635,274 or
SITS VS.. $2,941,673 or $1.97 in 1948.
Oliver Corp. earned $843, 900 or
SO cents in three months ended
January 81 VS.. $1,4l1 900 or $1.64
a year earlier.
Grumman Aircraft Engineering
Corp. net income for 1949 was $3,-
1871 $50 or $3.19 VS.. $2.393,31l or
$3.50 in 1948.
Victor Chemical Works earned
$2,874,373 or $685. in 1949 VS.. $2,-
158,736 or $2.52 in the previous
year.
Emsco Derrick & Equipment Co.
earned $580,631 or $1.44 In 1949
VS.. $2,212,593 or $5.81 In the pre-
vious year.
Diana Stores Corp. net income
for six months ended January 81
was $3.50 .345 or 50 cents q share
VS.. $733,529 or IS cents a year
earlier.
New York Cotton
NEW YORK, Feb, % uP-Cotton fu.