Evening star., 1944-10-30
Business Briefs

Steel Mill Operations for the cur
rent week were scheduled at 94.8ft,
indicating production of l,707 200
tons, the American Iron & Steel In
stitute reported. Figures last week
were 96.39o and 1882, 400 tons, a
month ago, 95.6eo and 1719,600;
year ago, 1907 and l.743 900.
Koppers Co. offering Of $23 1000, 900
first mortgage 80 bonds, SILL
100000 serial notes, 10000 shares
of 434qo cumulative preferred stock
and 100000 common shares was
marketed by Mellon Securities Corp
and associates. Bonds were priced
at l02, the preferred at 103 and the
common at 2312. The firm plans to
merge four subsidiaries.
Metropolitan Edison Co. received a
high bid of 100.312 on a 27sgt basis
FOR S24, 500 900 bonds from Mellon Sc
curities Corp. ana associates. A
group headed by Smith, Barney e.
Co. was high bidder for l25000 pre-
ferred shares, offering 101 1856 for a
3.9%o dividend rate. Bonds are to be
reoffered at 1928 and the shares at
1025s
AlIis- Chalmers Mfg. Co. reported
net income of $6,782,60 or S351 a
share in the first months of 1944
compared with S6,186,l33 and SO .48 a
year ago.
General Foods Corp. earned ST.
839 760 or 81 40 a share in months
compared with $8,892ll6 or Sl6O in
the same 1943 period.
CrOsley Corp. and subsidiaries re-
ported net income of $3,57l 1888 or
1854 in months VS.. $2,771,879 or
$500 a year ago.
Lone Star Cement Corp. earned
S3,574,785 or 65 cents in nine months
VS.. s3,2l0,066 or So cents in the same
l943 period
Crown Cork & Seal Co. profit for
9 months was S,796,218 or $274 vs.
S1.l37, ,096 or $l46 a year ago.
Anchor Hooking Glass Corp. net
for - months ended September 80
was $1.857,766 or $235 VS.. $l,571 ,265
or sl95 in the previous year.
Houston Oil Co. earned S1,643 sos
or SLIP in 9 months VS.. 81 1868. .25l or
83 cents in the same 1943 period.
General Cable Corp. net for 8
months was $l,70O,232 or S1l 33 a
preferred share VS.. $l,609,150 or
Sl073 a preferred share a year ago
Otis Elevator Co. profit for 9
months was $l,935,745 or 80 cents
VS.. $l,973, ,235 or "a cents in the same
i943 period.
Panhandle Producing & Refining
Co. earned $345,4 or 38 cents in 8
months VS.. $274,76l or 81 cents a
year ago.
McCOrd Corp. net for IL months
ended August 81 was $608,192 VS.
$485, 5,255 in the same 1943 period.
HazelAtlas Glass Co earned 81
454,730 Or $565 in IL months ended
September 30 before postwar tax
credit, VS.. $2,367,312 or $5.45 in the
same period last year.
Diamond T Motor Car Co. net for
the September quarter was 1897, ,992
or "a cents share VS.. $483,414 or
$1.l5 year ago.
Consolidated Gas, Electric Light
g. Power Co. of Baltimore reported
net income of $6,696, $50 or S4.64 a
share in II months ended Septem-
ber 80 VS.. S6063, ,378 Or $41O in the
preceding fiscal period.
Standard Oh Co. OF Indiana de-
clared regular dividend of 25 cents
a common share and an extra Is
cents, payable December Is to hold
ers of record November Is.
National Airlines,e Inc, placed a
S3,50C,00 order with Douglas Air
craft for DC-4 planes for postwar
delivery.
Oliver Corp. common stockholders
subscribed to 75,704 of $4,000 shares
OF 412eo preferred offered recently
at $100 share, and the remainder
have been sold to limited number
of purchasers by Blyth g. Co.
Ryan Aeronautical Co. elected
Cmer L. Woodson vice president and
general manager. He has been gem
eral manager of the Bell Aircraft
plant at Marietta, Ga.