Evening star., 1952-10-31
Business Briefs

Business Briefs
Trans World Airlines offered
381 1881 additional common shares
to holders at the rate of one share
for each seven held; also declared
a stock dividend of one-tenth
share for each share held, payable
January Is to holders Of record
December Is. Nine months net
was $6,228, ,096 or $2.33 a share VS..
$7.l52,897 or $2.95 a year ago.
New York Curb Exchange will
be known as the American Stock
Exchange effective January 5,
1858. The governing board had
recommended the change, and
poll of members showed an over
whelming vote.
Money in Circulation increased
$29 million in the week ended
Wednesday to a total of $29.5 bill
lion. This was $1,123 ,0OO, 900
above the total a year earlier.
Heavy Construction Contracts
in the week ended Monday in
creased to $276, ,859, 900, compared
with $3.50, 1886 900 the preceding
week and $209, IT'S, 900 in the cor
responding week last year.
Rail Freight Volume declined
to 760.741 cars last week, off 9.3
per cent from the week earlier
and IL per cent below the corre-
spending week last year.
Crude Petroleum Production in
the week ended October Is aver
aged 6,53S,000 barrels, off 1900
for the week.
Standard Oil Co. IN. J.) de-
clared an extra dividend of so
cents and the quarterly dividend
|of 10 cents on the common, both
payable November 20 to stock of
record November IA. This brings
payments in the fiscal year end
ing November 80 to go cents as
compared with 80 cents in 1851.
Aluminium Company Of America
for the nine months ended Sep
tember 80 earned $50, ,102,916 or
$5.77 share VS.. $30,750,535 or
$5.91 in the like 1851 period.
Commercial Credit Co. in the
IL months ended September 80
earned $18,873,018 or $4.13 a
share.
Crucible Steel in the quarter
ended September 80 earned ST.
260 SIS or SLAB a share VS.. $2,-
018.579 or $2.64 in the same 1851
quarter.
Cumberland Gas Corp. in the
IL months ended September 30
earned $69,919 VS.. $99,941 in the
previous IL months.
ElectrOlux Corp. in the quarter
ended September 80 earned $685.
499 or 20 cents share VS.. $798,-
40 or IS cents in the same 1851
quarter.
Fruehauf Trailer Co. in the quar-
ter ended September 80 earned
$1,219,470 or 76 cents share VS..
81, ,388, ,106 or 81 cents in the same
1851 quarter.
Hudson Coal Co. for the nine
months ended September 80 re-
ported a net loss of $1,027, 1858
compared to earnings of $868,171|
in the same 1851 period.
New Jersey Power G. Light in
the IL months ended September
80 earned $1,381.429 or $27.63
Chased on combined preferred
shares) VS.. $1,144,933 or $22.90 in
the preceding IL months.
Packard Motor Car Co. in the
nine months ended September 80
earned $3,094,515 or 81 cents a
share VS.. $4,922,8 ,876 or SO cents in
the same period in 1851.
Standard Oil of Calf. in the
nine months ended September 80
earned $130,364,015 or $4.55 a
share VS.. $130,460, ,780 or $4.55 in
the same 1851 period.
Tide Water Assoc. Oil in the
nine months ended September 80
earned $24, 1923 900 or $194 a share
Tvs. $26,771 ,472 or $2.09 in the like
1851 period.
Union Bag & Paper Corp. In
the nine months ended September
l30 earned $8,123. 800 or $685. a
share VS.. So, 9,420,9 or 1921 in the
same 1851 period.
Union Pacific R.R. for the nine
months ended September 80
earned $44, ,938 ,048 or $9.44 a share
VS.. $41, ,482,001 or $3.50 in the
same 1851 period.
Western Union Telegraph in
the nine months ended September
80 reported a net loss of $2,872, ,320
VS.. an earning of $3,976,852 or
1928 a share in the same 1851
period.
Other earnings included: