Evening star., 1950-02-24
Business Briefs
CLUDEs ONLY SELECTED ISSUE!
Retail Dollar Volume #

Business Briefs
Retail Dollar Volume for the
week ended February % dropped
10 to so below a year ago. The
decline was attributed to bad
weather and the holiday.-Dun
& Bradstreet.
Business failures rose 22% in
January to 1854, 500 above Janu-
ary, 1949, but 800 below Janu-
ary, 1940.-Dun & Bradstreet.
Wholesale Food Index based on
the cost of a pound each of 81
foods in general use, this week
fell 3 cents to $3.50 from the six
month peak of $5.86 last week.
The current figure is about 10
under the level of a year ago.
Dun IL Bradstreet.
/ Crude Oil Production increased
45,600 barrels last week to 1885,
$50 VS.. 5,418,300 a year ago.
American Petroleum Institute.
| MathiesOn Chemical Corp. has
appointed Stanley del. Osborne as
vice president and treasurer, with
headquarters in Baltimore.
Freight Loadings in the week
ended February 18 totaled $780, ZIG
cars, a drop of nearly 20% below
the like 1949 week.-Associati
! OF American Railroads.
National Cash Register Co.
elected Robert S. Oelman as exec
utive vice president of overseas
operations and John S. Scott as
vece president.
North American Co. announces
plan to merge the holding COM
pany into Union Electric Co. of
Missouri.
Business Loans rose IA million
in the week ended February Is
to a total of $13,899 million
Federal Reserve Board.
Baldwin Locomotive Works
earned 1892, ,223 or $1.41 a share
in the year ended December 81,
VS.. $3,167.741 or $1.26 in 1948.
American Chicle Co. profit for
1949 was $4,31O,451 or 1881 al
share VS.. $4,724.285 or 1855 a
year earlier.
American Potash g. Chemical
earned s1,791.019 or $2.86 in 1949
VS.. $1,727,154 or $2.74 in 1948.
BabcOck g. Wilcox Co. profit for
1949 was $l0.755.370 or $15.24 a
share VS.. $11,028,260 or s15.63 a
year earlier.
Bulova Watch in the 9 months
ended December 81 earned
$3,511,087 or $5.40 a share VS..
$5,225.149 or $8.04 a share a year
earlier.
Central Foundry Co. earned ST.
037,94l or $1.59 share in 1949,
VS.. $1,332,104 or s2.05 in 1e48.
Clark Equipment Co. in 1949I
earned $2,654, ,706 or $4.86 a share
VS.. SIS, AL, $40 or $10.24 in 1948.
Continental Can profit for 1949
was $12.108,132 or $3.50 a share
VS.. $14,811 ,562 or $4.51 in 1948.
Cream Of Wheat Corp. earned
81. l.451 ,467 or $2.42 in 1949 VS..
$1,415,531 or $2.3e year earlier.
Firth Carpet Co. profit for 1949
was 1,143,104 or $1.95 a share VS..
$2,275,654 or 1891 the previous
year.
General Time Corp. in 1949
earned $2,471, 1852 or 1914 VS.. So
291 1888 or $7.70 in 1948.
Hanna I'M. Az Co. earned $10,-I
122,106 or 1914 a share in 1949
VS.. $9.087,574 or $8.43 year
earlier.
Houston Oil Co. Of Texas profit
for 1949 was $5,786,726 or $5.26
a share VS.. $6,092,536 or 1854 in
1948.
Mimi Honeywell Reg. earned
1921 1874 or $6.05 in 1949 VS.. S.
942,008 or $4.49 year earlier.
Ruberoid Co. profit for 1949 was
$4,198,300 or $8.72 VS.. $5,162,236,
or $11.80 in 1948.
Savannah Sugar Refining Corp.
earned $1,497,129 or $6.85 a share
in 1949 VS.. $1,382,949 or $6.32 in
1948.
Standard Oil Co. of Ky. earned
in 1949 $13,718,318 or $5.27 al
share VS.. $12.856.518 or $4.94 in
1948.
Warner & Swasey Co. reported
a loss of $623,598 in 1949 VS.. al
profit Of $573.041 or II cents a
share in 1948. The loss was at
tributed to q six-month strike in
its machine tool plant.
General Electric Co. declared a !
dividend of so cents a common
share payable April Is. In 1949
the company paid four dividends
of so cents each and a year-end
special Of so cents.