Evening star., 1945-04-02
Business Briefs
Steel Mill Operations for the (

Steel Mill Operations for the cur
rent week were scheduled at 969%o
Of capacity, indicating production of
LIZA 300 tons, the American Iron d
Steel Institute reported. Figures
last week were 96.6eo and 1,769. 400
tons; month ago. $500 and
year ago. 99.596 and 1882, 300.
Consumer Credit outstanding on
February % totaled S5,3l4, 10000 VS.
S5,475, 100000 a month earlier ano
S4,874,000,000 year earlier, the
Federal Reserve Board disclosed
Associated Electric Co. advance OF
s2,500,000 to rehabilitate properties
of its subsidiary, Manila Electric
Co., was approved by the SEC. The
loan will be made without interest
Eastern Shore Public Service Co.
sale of electric and ice properties in
ST. Marys. Charles, Prince Georges
and Calvert Counties, Md. to South
ern Maryland Electric Cooperative
Inc, for $850,O00 was approved by
the SEC.
Waltham Watch Co. registered
s3,881 ,040 of convertible SO income
debentures (subordinated and 244,-
600 class B common shares with the
SEC, They will be offered to stock
holders under capitalization
plan.
Nu-EnameI Corp. registered with
the SEC $4,000 shares OF S. par
value convertible preferred stock to
be offered preferred holders at $40 a
share on the basis of one for each
6la shares held.
Georgia Power & Light Co. regis
tered with the SEC $500 900 Of
first mortgage bonds for refunding
purposes.
Harshaw Chemical Co. registered
$4,000 common shares to be offered
by Field, Richard & Co. Proceeds
will be used for expansion and work
ing capital.
Colorado Interstate Gas Co. lost
it's appeal to the United States Su-
preme Court from an FPC order
reducing rates. The high court sus-
tanned the FPC.
United Aircraft Corp. profit for
1914 was 1852 1886 or s5.37 share
vs.. Sl5,396,ll4 or $3.50 in the pre-
vious year.
Aluminium Co. of America earned
s3l, ,693, ,4SO or s546 in 1914 VS.. $42,-
9O1 $40 or $795 in 1943.
Time, Inc, and subsidiaries re-
ported consolidated profit OF So 8O3,-
2l0 or 1898 for 1914 VS.. 1857 .626 or
1897 in the previous year.
Chile Copper Co. earned $14,450,-
43O or 1927 in 1914 VS.. $l6,060,5l6 or
1894 in l943.
Consolidated Gas, Electric Light
& Power Co. of Baltimore reported
jrofit of $6,450,612 or SAB in II
.onths ended February % VS.. So
c85,l12 or $4.29 in the preceding
lScal year.
Ohio Oil Co. earned $15,082, ,127 OF
2.30 in 1914 VS.. Sl4,l46,802 or $2.l4
N 1943.
Gorham Mfg. Co. net for 1914 was
s734,0 ,063 or $3.77 VS.. $479,316 or $24e
n the previous year.
Cleveland Cliffs Iron Co. earned
s3,l46,953 or $6.46 a preferred share
in 1914 VS.. $3,700, ,305 or $769 a pre-
ferred share in 1943
Otis Elevator Co. net for 1914 was
S2,595, ,433 or $1.10 VS.. $2,498, ,401 or
S1.05 in the previous year.
Acme Steel Co. earned $2,030, ,716
or s6.l9 in 1914 VS.. $l,944,6l6 or $6.0s
in 1913.
Seaboard Oil Co. of Delaware
profit for 1914 was 81 ,881 ,283 or $1.52
VS.. $1,949, ,096 or $1.58 in l943.
General Outdoor Advertising Co,
earned $1,225,394 or $122 In 1914 VS.
$754, ,305 or SO cents in 1913.
Gaylord Container Corp. net for
1914 was SLOTS ,805 or $1.51 VS.
$1,103,097 or $l.56 in the previous
year.
Mead Corp. earned $1,l37,831 OF
98 cents in 1914 VS.. $1,078,141 or IS
cents In 194S.
Safeway Stores, Inc, sales in fou1
weeks ended March "a totaled $48,-
IT'S 1893, a gain of 1.9Gc over a year
ago; in u weeks ended the same
date, $144,531 1886, an increase
oAl.2%.