Evening star., 1945-11-19
Business Briefs

Steel Mill Operations for the cur
rent week were scheduled at S2.4Ss
of capacity, indicating production of
l,509 800 tons, the American Iron &
Steel Institute announced. Figures
last week were 8o.4fo and 1,472 500
tons; month ago, 65.1ee and
1892 400; a year ago, 95.4e6 and
1,716,2o0.
General Business Activity has ex-
panded further, according to the
index Of Business Week, which
stood at 164.3 for the latest week,
compared with 1913 in the previous
week, 1890 a month ago and $50 ]
a year ago.
Building Permits in 215 cities
totaled $161,S51,437 in October
highest for any month since May,
1880, and compared with 1921 1885,
487 in the previous month and
S105 ,542 ,235 year ago, reported Dun
& Bradstreet, Inc.
The Public Is More Optimistic
about postwar prosperity than 1t
was q year ago, according to a sur
vey by the Association of National
Advertisers. Most persons inter-
viewed felt they would be better of
in a year or two than they are now
that there will be more jobs, lower
taxes and wages about the same
or lower.
Chicago, Burlington e. Quincy
Railroad was authorized by the ICC
to issue $65, ,oo0, 900 of 3heo first and
refunding mortgage bonds, due
1885, to be sold at l000399 and ac-
crued interest.
American Cyanamid Co. earned
$3.50 ,607 or $1.47 a share in
months ended September 80 VS.. a.
1882 or $1.52 year ago.
West Penn Electric Co. and sub
sidiaries reported net income of s3,-
s25 ,226 or 81 cents VS.. $3,842,8S1 or
70 cents in the same 1914 period.
Jewel Tea Co. sales for 4 weeks
ended November 3 totaled IS ,346 ,042
q gain OF 1857 from a year ago; In
A weeks ended the same date, $751;
3l0,50l, an increase of go.
Bond Clothes, Inc, will soon have
in its employe more than double the
number of workers it had before
the war. Ground was broken for a
new $e,5oo,000 plant at Rochester,
N. Y.
Republic Steel Corp. will relight
Its huge Trumbull Cliffs blast fur
mace at Warren, Ohio, today. 1t has
been out for months for refining.
Kansas City Public Service Co
ordered so buses from Mack Trucks
and 105 from Twin Coach Co. Each
bus will carry As passengers.
Continental Bank 4 Trust Co. OF
New York received State authority
to operate personal loan depart
nents.
United Biscuit Co. will redeem
s70o, 900 Of 31sT debentures on De-
cembes n at 104 plus interest.
Central Pacific Railway Co. invited
tenders on November 19 of its first
refunding and mortgage 40 bonds
due 194e
Ohio Leather Co. stockholders
will vote November 20 on a plan to
issue 10000 shares of So cumu-
lative convertible preferred stock to
be exchanged for present 80 and
6% shares.
Tennessee Eastman Corp. has
launched an expansion program at
Kingsport, Tenn, which calls for
expenditure OF $4,000, 900, half In
1946 and the rest in 1947.
Provident Mutual Life Insurance
Co. assets now exceed $500 ,000, ,000
for the first time In its history.
Baltimore e. Ohio Railroad car
loadings in the week ended Novem-
Der II totaled 66,923 VS.. 6s,4s2 in
the previous week and 74,004 in the
like 1914 week.
Monogram Pictures Corp. elected
Steve Broidy president.
Distributors Group, Inc. elected
George A. Jacquemot vice president
Loew's. Inc, elected Charles C.
Moekowitz treasurer and Leopold
Friedman vice president.