EARNINGS: Sweet Music


In the exuberant chorus of corporations reporting record third-quarter earnings and extra dividends, there were some happy new voices last week:

¶ E. I. du Pont de Nemours & Co., which netted $218.6 million compared to $135.9 million in the first nine months of 1949, declared a year-end dividend of $2.25, making a total of $5.35 per share in 1950, or $1.95 more than last year.

¶ Christiana Securities Co., the Du Fonts' family holding company, which owns more than 27% of Du Font's common stock, paid a year-end dividend of $174.25, bringing the total for the year to $407.25...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!