Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-02-05
/ Business Briefs

Steel Mill Operations in the cur
rent week were scheduled at 1897
indicating production Of 1,6l0,80t
net tons, lowest full weeks total
since January 26, 1912, the Ameri-
can Iron & Steel Institute an
nounced. Figures last week were
90.1 % and 1925 200 tons: a month
ago.. 93To and 1,677 500 and a year
ago, 97.29o and 1,741,800.
Postwar Construction has beer
planned by 208 industrial firms Of
673 with credit of $1,000, 900 or more
reported the American Institute oi
Steel Construction.
Wabash Railroad Co. received {
high bid of 1888 and a 81 % coupon
for $47,000,000 of refunding bond
from Halsey, Stuart g. Co. Reof1erinl
was planned at 99As, subject to for
NAL award and ICC approval.
Secondary Offering Of 5,37
shares of Jones & Laughlin Stee
common at $40 was made by Mello1
Securities Corp. Special offerini
of 1000 shares of American Car
common at 91h was made b!
Shields & Co. and quickly over
subscribed.
National Steel Corp. earned &c..
ISL 1863 or $4.87 a share in 1914 VS.
s11,698, 1862 or $3.50 in 1913.
Coca Cola international Corp. mel
for 1914 was $5,S07 1894 or $29S8 VS.
s5,s47, 568 or 1896 in the previous
year.
Transue & williams Steel Forging
Corp. profit for 1914 was $343, 1888 o,
1884 VS.. 1854, 437 or $3.50 in 1913.
Air Associates, Inc. earned $372,
852 or $2.76 in IL months ended
September 80, before renegotiation
compared with $500 ,648 or 4.32 In
the preceding fiscal period.
Virginia Iron, Coal q Coke Co
profit for 1914 was 81, 145 or $3.50 q
preferred share VS.. ISL 500 or $3.50 q
preferred share in 1914.
Neisner Brothers, Inc, sales IL
January totaled s., 298, 268 VS.. 81, 167,-
Al year ago, gain OF so.
Consolidated Electric & Gas Co
asked SEC permission to split 5000
shares of no par value common Of
Mobile tAla.) Gas Service Corp
into 100000 shares Of no par value
common. All Mobile shares are
owned by Consolidated.
North American Aviation Corp
will cut employment at its Kansas
City. Kan, bomber plant about 1871
effective February Al, during re.
tooling for manufacture of q new
Lockheed plane.
Pennsylvania Railroad asked ICC
permission to issue 5000, 900 oI
trust certificates for the purchase Of
new equipment.
Pettibone Mulliken Corp. declared
a dividend of rs cents share, pay.
able February 20.
Rand's, Inc, declared dividends Of
10 cents q preferred share and az
cents a common share, both payable
March is.
Goodyear Tire 4 Rubber Co. vii
construct a 81 SOC, 900 chemical plan
at Natrium, w. Va, to manufacture
rubberlike plastics known as why
chloride co-polmers.
Armour 4 Co. notified holders o.
10 cumulative income debenture,
Of Armour q Co. Of Delaware, du,
1878, that the entire issue will b,
redeemd March ut ll21a plus al
cumulative interest.
Radio Corp. Of America formed Al
international division to supervis
foreign sales.
TranscontinentaI & Western Al
irlaugurated the first nonchang
air transport service between Kan
sas City and Detroit.
Crosley Corp. announced Moi
fats, Ltd. OF Weston, Ontario, vii
produce and distribute Crosley prod
ucts Ia Canada after the war.
Atlantic Coast Line Railroad
elected 70 the board Presiden
Thomas B. Butler Of the BaItimor,
sate Deposit y Trust Co.