Evening star., 1944-08-28
Business Briefs
Steel Min Operations in the c,

Steel Mill Operations in the cur
rent week are scheduled at 971Gt
Of capacity. indicating production of
1,739 300 tons, compared with 945oo
and 1892 300 tons last week, 969%
and 1,735 300 month ago and 994eo
and 1,732 500 a year ago.
Nationl Bank assets on June 30
totaled more than $40 900, 100000, a
gain of s4000,00O 900 since April l3
and nearly $11 ,50O,00O0O0 above a
year ago, the controller revealed.
Deposits were near $4,000 600, 900,
up s4,000,00000 since April 13 and
$1,000, 100000 above year ago.
Holdings of Government obligations
totaled $38, ,791 900 900. gain of ST.
059,000,000 since April and $780,
100000 above year ago.
Food Manufacturers Earnings in
below year ago, reported the Gro
Gerry Manufacturers of America
Mississippi Power & Light Co. re-
ceived a high bid of 1882 on a
3lsTo basis for $12,OOOO0O first mort
gage bonds from White, Weld g.
Co. and associates, who plan to re-
offer the issue at 104 4877, subject
to formal award and SEC approval.
Westinghouse Electric & Mfg.
Co. employment reached a new peak
Of 1l7,7l6 persons in July as war
production mounted to $70.25l $3.50
in net sales billed, a jump of 17To
over year ago.
Bendix Aviation Corp. will manu-
facture and market line of home
radio sets for the first time as soon
as the military situation permits.
The sets will be made in the Balti-
more plants.
American Steel Foundries re-
opened its cast armor plant in East
Chicago as a result of reviving de-
mand for castings.
Chrysler Corp. announced de-
velopment of new continuous
molding device for rubber and plas-
tics.
Universal Pictures organized a new
subsidiary, Universal International
Films, Inc, to handle its foreign
business.
Armstrong Cork Co. earned 81
04l,8l4 or $1.37 share in the first
half Of 1914, compared with $1,7l4,-
299 or sl,14 in the same 1943 period.
Associated Dry Goods Co. net for
six months ended July 20 was ST.
100000 or IS cents VS.. ST 300 900 or
$l.l6 year ago
Briggs & StrattOn Corp. earned
s595605 or 50 share in the first
half VS.. $52l ,3l2 or SITS in the same
period last year.
Hecla Mining Co. net for the June
quarter was S327,225 or 33 cents a
share VS.. $376,049 or 38 cents in the
same 1943 quarter.
Neisner Brothers, Inc, earned
$306,615 or $1.25 a share in the half
VS.. $289083 or s1.15 a year ago.
Western Air Lines net for the half
was $25 .225 or about 10 cents a share
VS.. $71.767 in the same l943 period.
Gar Wood Industries earned $297,-
1854 or 81 cents share in 3 months
ended July 81 VS.. $412,078 or so
cents year ago.
Jewel Tea Co. sales for 4 weeks
ended August IL totaled s4,269 ,O93,
gain of 1915 over a year ago;
for 80 weeks endeG the same date,
$33,748,592, an increase of 5.1Go.
Buffalo Bolt Co. Offering OF l4l,-
054 shares of 81 par value common
stock was marketed at Sc q share
by group headed by Van Alstyne,
Noel &, Co.
Electric Power & Light Co. elected
E. H. Dixon president and N. C.
MCGOWAN president of United Gas
Corp, subsidiary.
Mack International Motor Truck
Corp. appointed H. D. Madison
manager of bus sales in the south
ern division.
Baltimore e. Ohio Railroad car
loadings in the week ended August
rs totaled 1881 VS.. 1888 in the
preceding week and 75,o77 . year
ago.