Evening star., 1945-10-01
Business Briefs
Steel Mill Onerations for the

Steel Mill Operations for the cur
rent week were scheduled at 1870
of capacity, indicating production of
1,459,e00 tons, the American Iron
& Steel Institute reported. Figures
last week were 836@c and 1881 200
tons; month ago, 749To and 1871
900; a year ago, 95,6rs and l,719,-
600
Sears, Roebuck & Co. stockholders
approved a 4-for-1 splitup in COM
mon stock, increasing authorized
shares from 100000 to 24,000,000.
Kansas City Southern Railway
asked ICC permission to issue $40,-
100000 of first mortgage bonds,
series A, and S6,000,000 of promis-
sorry notes for redemption purposes
Barium Steel Corp. registered
with the SEC 166,063 common
shares to be offered present holders
for SO a share at the rate of share
for each held.
General Securities Corp. regis
tered with the SEC 100000 common
shares to be offered publicly at $75C
a share.
Pacific Telephone G. Telegraph
Co. will register $75 100000 Of "a 8t
30-year debentures with the SEC
for sale at competitive bidding i'm
mediately after the Victory Loan
drive. Sale of the issue to insurance
companies was opposed recently by
the California Railroad Commis-
sion.
Rfeem Mfg. Co. registered with
the SEC 10000 shares Of 500 PAL
value AZ % preferred to provide re.
conversion funds.
Gulf Oil Corp. earned S25 ,276, ,76.
or $278 a share In 6 months ended
June 80 VS.. S21,4l4,517 or S2.36 a
year ago.
Consolidated Gas, Electric Light
& Power Co. of Baltimore reported
net of 81 4,561 ,612 or $318 in months
ended August 81 VS.. $4.165947 OIL
S2.84 in. the same 1914 period.
Lockheed Aircraft Corp. earned
s1,51O,421 or S1.4O in 6 months end.
ed June 80 VS., s2,75l ,562 or $2.56 q
year ago
Vanadium Alloys Steel Co. prof
for IL months ended June 30 wa!
s665 ,379 or 1929 VS.. $707,21 or S3.5;
in the preceding fiscal period.
Grand Union Co. earned 1922 Is.
or S1.44 in months ended Septem
Der l VS.. $245, ,667 or $1.10 year ago
Chicago Great Western Railwa.
net income for months ended Au
gust 81 was S666,175 VS.. S900949 il
the same 1874 period.
st. Louis-San Francisco Railwa,
system reported net operating in
come of S12,100,942 for months
ended August 81 VS.. $11 ,282 1898 ,
year ago.
Dresser Industries, Inc, has un
filled orders to insure operation
for the rest of 1945, after cancella
tions totaling 16,850,0
A. E. Staley Mfg. Co. completed :
100000 unit at Decatur, Ill. I
was said to be the worlds larges
soybean oil extraction plant.
Bethlehem Steel Co. started con
structior of a new steel mill at iG
San Francisco piant. 1t will cove
4 acres of floor space.
Westinghouse Electric Corp. pur
chased more than S. acres and
major buildings with more thai
100000 square feet of floor space a
Meadville, Pa. from Talon. Inc
Keystone Steel g. Wire Co. stock
holders blocked an attempt of "
H. Sommer, deposed president, t
regain control of the company
Management nominees were lecte
to the board.
Virginia Carolina Chemical Corr
elected Irving d. Dawes vice presi
dent and treasurer.
C. i. T. Credit Corp. announce
the return of 1t. Col. Henry title
son, jr. as executive vice presiden
and director.
United Wallpaper, Inc, name
N-,-oln1 Lund adYe. 5Siisirlg director