Evening star., 1950-09-11
Business Briefs
Passenger Car Tire Shipme

Passenger Car Tire Shipments
In July totaled 10,421,758 units,
new high and a gain Of 1870
from the previous month-Rub-
ber Manufacturers Association.
The latest total was 53% above a
year earlier. Scare buying has
diminished. however, and August
figures are expected to show a
return to more normal levels.
Paper Production in the United
States in the week ended Septem-
Der Q, stood at 106.2% of capacity
VS.. 1079o in the preceding week
and 89.3% in the like 1949 week
American Paper & Pulp Associa-
ton. Figures do not include mill
producing newsprint exclusively.
Motor Products Corp. stock
holders will vote October on a
plan to increase authorized cap
ital stock to a million shares from
SOC, 900. A 20% stock dividend was
declared in July. payable in Sep
tember.
Ford Motor Co. reported United
States plants turned out 1,327 ,843
cars and trucks in the first eight
months Of 1850, highest mark for
that period since 1929. Output for
all of 1949 totaled 1922 ,254 units.
Allied Products Corp. declared
a quarterly dividend of so cents
a common share, payable October
l. Previous payments were 40
cents.
General Bronze Corp. declared
an extra dividend of Is cents and
a regular quarterly of Is cents,
both payable September %. Previ-
Gus extra Of Is cents was paid
in March.
Anderson Pritchard Oil Corp.
declared quarterly dividend Of
Is cents and an extra of IS cents,
both payable September 81. The
company last year paid Is cents
quarterly plus an extra Of Is
cents in December.
KanSas-NebraSka Natural Gas
Co. declared a quarterly dividend
Of Is cents and an extra of 10
cents, both payable October 2.
F. w. Woolworth Co. sales in
August totaled $47,912,610, a gain.
OF 7.7% from a year earlier: in
eight months, $364,241, ,345, an in
crease of 2.79o.
A. s. Beck Shoe Corn. sales I'M
four weeks ended August 26|
amounted to $2,523,456, a rise of
.l4.9% from a year earlier; in 341
weeks ended August 26. $25, 1885,
4S4, a gain Of + 9sS.
Sears, Roebuck & Co. earned
$54. .470.752 or $3.50 a share in
q weeks ended July 16 VS.. $s2,-
SS6, 600 or $1.40 year earlier.
Safeway Stores, Inc, net in
come for 80 weeks ended August
- was $685., ,955 or 1925 VS..
1854, ,091 or 1914 in the like
1949 period. ~
Bulova Watch Co. earned ST.
041 $40 or $1.60 in three months
ended June 80 VS.. $1,O58,564 or
$1.63 a year earlier.
Western Union Telegraph Co.
net income for seven months end
ed July 81 was $3,734, ,391 or $3.03
q share, including $919, ,798 of non
recurring credits, VS.. loss of
S. .091 ,795 in the same 1949 period.
Chickasha Cotton Oil Co. earn
ed 81 1.068.808 or $4.19 in the year
ended June 80 VS.. $18,700 or Z
cents in the previous year.
ALI American Always, Inc, re-
ported a deficit of $5S0,335 for
the year ended June 80 VS.. nett
loss Of $270.114 in the preceding
fiscal period.
Marmon- Harrington Co. earned
SIC. .58S or S cents a share in six
months ended June 80 VS.. a loss
of $19,849 a year earlier.
American Meter Co. elected John
c. Diehl president to succeed
Norton Mexican, who resigned be-
cause of i'll health.
United States Steel Corn,
elected K. L. Konnerth vice presi-
dent and general manager of oper-
ations of the H. c. Frick Coke Co.
and United States Coal & Coke
Co., coal mining subsidiaries.
Federated Department Stores,
Inc, elected Eli Tash vice presi-
dent in charge of merchandise re-