Evening star., 1945-08-13
Business Briefs

SteeI Mill Operatl0nS Tor the cur
rent week were scheduled at 32.5et
of capacity, lowest since 1p40, indf-
eating production of l,511.100 tons
the American Iron & Steel Institute
reported. Figures. last week were
879g6 and 100000 tons; a month
ago, 1887 and 1914, 300, a year ago
95.6% and 1,719,600.
New York Stock EXCHANGE
launched a long-range program of
public information on services and
economic functions by placing ad-
vertising in more than 400 daily
newspapers with a circulation eX-
ceeding 38000,000 The messages
will be published monthly.
General Mills, Inc, registered
with the SEC 100000 shares of s10o
par convertible preferred stock tc
finance expansion. Common hold
ers will receive subscription rights
at the rate of preferred share for
each 20 common shares held.
Ashland Oil G. Refining Co. reg
istered with the SEC $5,00O,000 OF
20-year go sinking fund debentures
to finance retirement of S3.750,000
of long-term notes and increase
working capital.
Anaconda Copper Mining Co
earned $14,297,196 or S165 a share
in the first half VS.. $16,475 ,955 or
sl.90 year ago.
Noranda Mines, Ltd, profit for
the half was $4,624O00 or S206 VS.
s4,698 900 or $2.1o in the same 1914
period.
Standard Oil Co. Qndiana) and
subsidiaries earned $29,950,228 or
s196 in the half VS.. S27 1858, $50 or
$182 year ago.
Crown Cork g. Seal Co. net for
the half was S1,190,533 or S181 VS.
s1,166,923 or SLIT in the same 1914
period
American Airlines. Inc, earned
s2,311,066 or $179 in the half VS.
s2,165,O3 or s1.6s year ago.
Eastern Air Lines, Inc, net for
the half was $856,787 or $144 VS.
S438,413 or 73 cents in the first half
of 1914.
Link Belt Co. earned 81, 1,434.528 or
$1.78 in the half VS.. $1,447 ,260 or
$1.90 a year ago.
Melville Shoe Corp. and subsidi-
aries reported profit of $1,190,421 or
S1.02 in the half VS.. $1,167 ,084 or
S1.0l on fewer shares in the same
1914 period
A. E. Staiey Mfg. Co. earned ST.
27s,569 or s2.74 in the half VS.. ST.
095,171 or $2.31 a year ago.
Hudson Motor Car Co. profit fol
the half was s681 ,271 VS.. $595,631 in
the same 1914 period.
New York City Omnibus Corp
earned 1897 096 in the June quarter
VS.. $531 1893 a year ago.
Chicago Mail Order Co. net for
months ended June % was $242, 200
or 10 cents VS.. $275, 1892 or 80 cents
in the same 1914 period.
Creole Petroleum Corp. will build
a $2,500,000 stabilization plant in
Eastern Venezuela. 1t will require
IA months to build and will increase
production by removing gasoline
fractions from waste field gases.
Western Union Telegraph Co. must
obtain permission of the New York
Public Service Commission before
refunding either of two bond issues
aggregating 10000, 900, the commits.
sion ruled.
. American Car G. Foundry Co. has
designed new railway sleeper
coach with radical changes in seat
ing, lighting and other facilities
New dining, observation and service
cars also have been designed.
Westinghouse Electric Corp. an
nounced a new automatic dish
washer had been developed to take
this appliance out of the luxury class
into the average home.
New Amsterdam Casualty Co. O,
Baltimore reported assets of $43,.
544,688 on June 80 VS.. $40, ,106, ,69I 9
year ago.
American Type Founders Sale.
Corp. elected Edward G. Williams
president and Thomas r. Jones
board chairman.