Evening star., 1944-10-16
Business Briefs

Stce1 Mlu OpeTdtlOuS lUI GilG Cul
rent week are scheduled at 97qo of
capacity, indicating production of
1,745 900 net tons, the American Iron
& Steel Institute announced. Figures
last week were 96.9% and 1,743, 200
tons; a month ago, 95.39o, and LIZA
300; a year ago, 1007qo and 1,755, 200
Private Building Permits in Sep
tember totaled S70,503,124 in 215
cities VS.. $123, 1856 in the previous
month, but remained 6279d above
SAB ,320 500 in the same 1943 month,
reported Dun & Bradstreet, Inc. In
nine months, they totaled S574,231 =
235 VS.. $37G 131 1888 year ago.
A S12 2,000.0 900 Offering of Portland
Greg, sewage disposal bonds was
marketed by a group headed by
Harris Trust & Savings Bank of
Chicago. With coupons ranging
from 10 to go, the bonds were
priced to yield from .709o to 1909
Aeronca Aircraft Corp. contracted
with F. Eberstadt & Co. to market
10000 shares of $40 par preferred
stock and $4,000 common shares
subject to approval of stockholders
october %. The firm plans to raise
$725,000 for postwar expansion.
Central Vermont Public Service
Co. awarded an issue of 1886 shares
of new preferred to Blyth & Co.
Inc, on a bid of 1922 on a dividend
basis of 4.15q6.
Southern Indiana Gas & Electric
Co. plan to reduce the stated value
OF its 100000 common shares from
$5,500,00 to $685. ,644 without re-
ducing the number of shares was
approved by the SEC.
General Motors Corp. announced
It's Fisher Body division has received
$300,000,000 worth of new orders
from the Government for tanks
over the next IA months.
American Telephone & Telegraph
Co. and subsidiaries earned S43, ,444,-
122 or $2.18 a share in 3 months
ended August 81, compared with
$46,216,621 or $2.38 a year ago. Net
for the parent firm only in months
ended September 80 was $40.898, 900
or s2.13 VS.. $42,730,220 or 1928.
Masonite Corp. net for IL months
ended August 81 was S1,173,5 or
$169 a share, after reserve for re-
negotiation, compared with ST 1885,
244 or $2.04 in the same 1943 period
Hayes Industries, Inc, earned
$817,323 or $245 share in IL
months ended July 81, before rene
gotiation, compared with $648,016 or
S195 in the previous year.
MacAndrews e. Forbes Co. net for
9 months ended September 80 was
SAT- ,331 or SIPS a share VS.. $433 ,94e
or S1.13 year ago.
Sloss- Sheffield Steel & Iron Co
earned $501 ,289 or rs cents share
in months ended September 80
compared with $648,076 or $105 ir
the same 1943 period.
Lehigh Portland Cement Co. profit
for II months ended September 81
was $709 ,961 or 81 cents a share VS.
s1,551 800 or $182 in the preceding
period.
Safeway Stores, Inc, sales for 1
weeks ended October Z totaled S53,.
931 ,622, q gain of 1857 over a veal
ago; for 40 weeks ended the same
date, $501 1893 ,528, an increase o1
113%.
National Bond g. Share Corp. re.
ported net assets of $9,149,528 OF
$25.41 a share on September 80
compared with SO ,259,413 or $25.7 .72 OF
June 80 and <sS.4sS,soo or s23.5s 6
year earlier.
Provident Mutual Life Insurance
Co. ledger assets on September 81
ttoaled $457, ,662 900 VS.. $3.50, ,738,000
months earlier and $429, ,679 900 6
year earlier.
United States Life Insurance Co
reported total new business writer
in nine months of 1914 was 32qs
above year ago. New business ir
September was 27qo above a yeal
ago.
Newsweek has named Arthur P
Hirose director Of promotion and re.
search.