Notes

Gillette. Last week the Gillette Safety Razor Co. had reason to be twice pleased, once because it was the silver anniversary of the founding of the company by King Camp Gillette in 1901, again when it was officially announced by Great Britain that Gillette razors would henceforth be standard equipment for the army.

Cotton. Favorable weather has caused the Government crop reporting bureau to raise to 15,810,000 bales its estimate of the cotton crop now being picked, an increase of more than a half million bales over the estimate of a fortnight ago. This intelligence is not altogether pleasing to cotton planters, for cotton quotations in the principal spot markets are about 14-c- a pound, whereas last year, when the actual crop was little larger than the present estimate, the pound price was 23-c-.

Record. August saw 379,111 passenger cars, 45,283 trucks made in the U. S.--a record for that month. In the first eight months of 1926, makers have produced 2,765,369 cars, 339,383 trucks as against 2,431,202 cars, 305,503 trucks for the same period in 1925.

Ford. Last week, the Ford Motor Co. and its numerous allied industries, including coal mines and lumber camps, announced the adoption of a five-day weekly schedule as a permanent policy. (The Ford railroads, however, will continue their regular schedule.) The eight- hour day is still in force, and the Ford workers are expected to make as much in five days as they formerly did in six.

Hupmobile. Hupp Motor Co. directors last week declared a 10% stock dividend, ordered a 35-cent quarterly cash dividend, and shifted their officers about--to make Charles D. Hastings chairman, Dubois Young president. Former chairman J. W. Drake takes a turn at the vice presidency.

G. M. It was revealed last week that the spectacular rise of General Motors stock last July and August had resulted in a decrease of the total number of preferred and common holders from 53,097 (second quarter) to 47,805 (third quarter). The weak had sold, the strong had bought. The corporation now has some $180,000,000 in cash, second only to the balances of the Ford Motor Co. (reputedly $300,000,000).

Pullman. For the year terminating July 31. 1926, the Pullman Co. netted $14,296,611, equal to $10.58 a share. Last year's net profits were $13,771,976 ($10.20 a share). Simultaneously the Pullman Car & Manufacturing Corp., a wholly owned subsidiary of the Pullman Co., reported a net of $6,826,599.