Evening star., 1944-07-17
Business Briefs
Steel Mill Operations for the

Steel Mill Operations for the cur
rent week were scheduled at 97.2G
OF capacity. indicating production of
l,74l 800 net tons, the American Iron
q Steel Institute announced. Figures
for last week were 957oo and 1,714,-
300; month ago, $780,, and 1.742.-
900, year ago, 97.7oc and 1,702 200.
Private Building. as measured by
permit values in 2l5 major cities,
totaled s58,l78,950 in June, a gain
OF Sc over the same 1943 month,
Dun & Bradstreet, Inc, reported.
In the first half, the total was $685.
405, 1925. a jump of 337eo over $780,
30,381 in the same 1943 period, but
otherwise the smallest volume for
the period since 1885.
Chain Store Sales in June. includ-
Ing "a leading companies, totaled
1926. 1865 .42l. a gain of 3.1os over a
year ago For the first half, sales
were s2,4o5, ,oS5 ,287, an increase of
29o,.
Bethlehem Steel Corp. was re-
ported negotiating to place with in
stitutional investors a new note
issue Of S600O0.0O0, proceeds from
which would be used to retire its
outstanding 3l2 per cent debentures
and serial debentures.
Aviation Corp. earned S2,317.853
or 40 cents share in the first half
of 1914, compared with $l902.164 or
33 cents in the same 1943 period.
Report did not include undistributed
profits of associated companies,
which are not consolidated.
Pullman Co. net for May was
s535 .942 VS.. S624,895 a year ago: for
five months ended May 81, $2,586 ,349
VS.. 81 436, 730 year ago.
Cream of Wheat Corp. earned
1898 O08 or 40 cents a share in six
months ended June 80, compared
with $3l7,l29 or SO cents in the same
1943 period
Idaho Power Co. net for the June
quarter was S293.805 or 43 cents a
share VS.. s260,954 or IS cents in the
same period last year.
American Car e. Foundry Co. de-
clared dividend of $3.50 a share,
payable October 3 to holders of rec
ord September 81 Previous pay
ment was So last October.
United States Rubber Co. has de-
veloped new glass, flameproof.
synthetic, rubber coated cloth for
use in combat planes.
Royal Dutch Co. earned 24,468.1 .121
forms in 1943 VS. 23,982,646 in 1912.
1t added 24.284 ,490 florins tabout
S12142,245) TO reserve during the
year, bringing to 96,148.4O2 forms
the fund available for rehabilitation
of properties in the East Indies.
Finance Co. of America, Baltimore.
earned $53530 or 43 cents share in
the first half OF 1914, compared with
$64 ,987 or 48 cents in the same l943
period
Public Service Electric & Gas Co.
New Jersey has been directed by
the FPC to show cause why the
commission should not order the
company to make adjustments in
its plant accounts involving nearly
$68, ,000. 900 established as excess over
original cost. Hearing has been set
for September Is.
Chemical Fund, Inc, reported net
assets of $10,665 $50 or S9.84 a share
on June 30, compared with $10, ,509,-
844 or $941 on March 81.
American Potash e. Chemical Co.
shares have been ordered sold to
the American public by the Alien
Property Custodian Date for sale
of the 479,726 share has not been
announced.
Jones & Laughlin Steel Corp.
started construction Of a new ST.
100000 battery of LOG coke ovens at
its Aliquippa Works. Capacity for
metallurgical coke will be Increased
about $4,000 tons month.
Goodyear Tire g. Rubber Co. has
selected Topeka, Kans.. as the site
for a new rubber manufacturing
plant, the equipment for which will
cost around $1,500,0O0. Cost of the
buildings was not announced.