Evening star., 1951-01-19
Business Briefs

money IN Clrcuiatl0n III CQe
week ended January II totaled
S27.2 billion, down $215 million
from the previous week and $79
million above the like 1850 week.
Federal Reserve Board.
Bituminous Production in the
week ended January 13 was H.
100000 tons. VS.. 10,060,O00 the
previous week and 100000 in
the three-day work week a year
ago.-National Coal Association.
Railroad Carloadings in the
week ended January 13 totaled
733,025 cars. up 2lo,581 from the
previous week and 153,482 over
the like, week year ago.-Asso-
citation OF American Railroads.
Motor Vehicle Production this
week will total 150,639 units, in-
cluding 12l,578 cars and 29,061
trucks VS.. 104,535 and 28,348 last
Week.-Automotive News.
Engineering Contract Awards in
| the week ended Monday totaled
1891 ,606,0 VS.. S415,811. 900 the
previous week and $182,177 900 a
year earlier.-Engineering News
Record. |
Department Store Dollar Vol
ume in the week ended January
13 was 31eo above a year ago.
The previous week was 391o above
the year-ago hgure.-Federal Re-
serve Board.
Railroad Operating Revenues in
December were 2O.9T above the
like 1949 month. h.-Association of
American Railroads.
Farm Income for January was
estimated at s2.3 billion. down
about 10eo from December, but
5fe above January, 1850. Agri-
culture prices are about 20%
higher than a year ago.-Agri-
culture Department.
Lake Superior Iron Ore con-
sumption totaled 83,536.678 tons
in 1850 VS.. 70,998,42o in 1949.
Consumption last month was T.
289.13 tons. up 428,315 from No
vember.-Lake Superior Iron Ore
Association.
Grain-fed Cattle for Slaughter
was put at 4,656,0O0 head on jan
uary /, record number and SO
more than a year ago.-Agricul-
ture Department.
Solvay Process Division Of Al
lied Chemical has applied here for
a certificate of necessity to expand
soda ash production capacity at its
Baton Rouge. La. plant by 100000
net tons. The project would take
from Is months to two years.
Wartime Magnesium Plants at
Velasco, Tex, and Manteca, Calf,
will be reopened this summer to
provide 200 million pounds of
magnesium for the national stock
pile during the next two years.
Reopening of three other Govern
ment-owned plants in Ohio, Con-
necticut and New York with two
year output of 112 million pounds,
was announced last month.
Mathison Chemical Corp. of
Baltimore declared a Accent quar-
terly dividend payable March 80.
A similar amount plus a 10-cent
year-end payment was made De-
cember %.
Marathon Corp. declared a So
cent quarterly dividend payable
February %. The last payment
was 45 cents November 80.
Lee Rubber 6 Tire earned So
381,913 or 1888 a share in the
year ended October 81 VS.. $1,211.-
499 or $4.78 a year earlier.
Long Island r. r. lost So, 144,459
in the II months ended Novem-
ber 80 VS.. a loss of $4,799,77 in the
like period of 1949.
Mathieson Chemical Corp. 1850
profit was $8,994,014 or 1882. a
share VS.. $6,991,012 or $257 in
194o.
Mountain States Tel. & Tel.
earned $7,487 ,889 or $7.21 share
in 1850 VS.. $5,698,071 or $685. in
1919. ...
San Diego Gas g. Elec. profit
Tor tie year ended November 80
was s3.548.343 or S1.21 share VS..
$2,573,341 or SLOT year earlier.
John B. Stetson Co earned ST.
327,359 or $5.42 a. share in the
year ended October 81 VS.. $1,572,-
947 or $6.51 a year earlier.
Julius Kayser & Co. earned
$811.32 or Slip a share in the six
months ended December 81 VS..
$43S,550 or 60 cents in the 1949
period.