Sweet Music

EARNGS

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

P: 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.

P: 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 v. $258.60 in 1949. Price of Christiana stock: $5,400 a share.

P: Eastern Airlines Inc., observing that "unsettled conditions have been substantially eliminated" in the airline industry, voted to resume paying its annual 50-c- dividend, which it had skipped for the last three years.

P: The Baltimore & Ohio Railroad reported a net of $11.9 million in the first ten months of the year, a 119% increase over the same period in 1949.

P: Republic Steel Corp., which netted $56.3 million v. $35.3 million last year, voted a year-end extra dividend of $1.50 along with its regular quarterly 75-c-.

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