Evening star., 1945-05-14
Business Briefs

Steel Mill Operations for the cur
rent week were scheduled at 95.3%
of capacity, indicating production
of 1,745 500 tons, the American Iron
& Steel Institute announced. Fig
ures last week were 95.1% anc
1,741 300 tons: a month ago, 919%
and 1858 300; year ago, 1929
and 1,777,00o.
Money in Circulation averaged
S188.11 per capita on April 80 VS.
S186.11 on March 81 and $53.21
Is years ago.
Profits of rs Major Oil Companies
in the first quarter of 1945 approx
mated $79,800,000, an increase OF
10.8% over a year ago. Record pro-
duction is expected to continue until
VI day.
Anaconda Copper Mining Co
earned $780,. .449 or IS cents a share
in the March quarter VS.. S7,577 ,631
or 81 cents a year ago.
Continental Oil Co. profit for the
quarter was $3,448,359 or IA cents
VS.. S3,206, 1926 or 68 cents in the same
1914 period.
Standard Oil Co. of Ohio earned
s1,407,315 or S131 in the quarter VS.
S1,247.740 or $1.23 year ago.
Burlington Mills Corp. profit fol
6 months ended March 81 was ST..
398.725 or 81. 80 VS.. $2,074, ,421 or IL
in the same period year earlier.
Standard Steel Spring Co. earned
s4S1 1854 or 33 cents in the March
quarter VS.. $290,416 or 20 cents g
year ago.
Universal -CycIops Steel Corp
profit for the quarter was 1920 ,s8e
or "A cents VS.. $253, ,497 or 81 cents
in the same 1914 period.
Bell Aircraft Corp, earned S3,756,-
975 or 1888 in 1914 VS.. S3062 Ala OF
s777 in 1943.
Hearst Consolidated Publications
Inc, profit for 1914 was $8,237 ,59T
or $3.50 VS.. S7,532,714 or $192 or
fewer shares in the previous year.
Crowell Collier Publishing Co
earned 50 1868, 1895 or S3.65 in 1914 VS.
$3,172 1893 or $4.14 in 1943.
Archer Daniels Midland Co. proflt
for months ended March 81 was
S2,367 ,136 or $434 VS.. $3,103,58l OF
$3.50 year.
Sbu1CS, IhCsy SVOSAAlO1NS1E
will vote June 26 on proposed in.
crease IN authorized common stock
from 100000 to 100000 shares anc
2-for-l splitup in the stock. Net
for 1914 was $3,077,266 or $4.12 VS.
s3.111, ,534 or SAB in 1943. "a
Missouri Pacific Railroad manage.
ment was accorded large majority
OF proxies at the annual meeting
The Mccormick Wilson committe'
elected only 3 of its 8 candidates tt
the board.
United States Lines reduced 1T
long term debt from $10,371 1854 a
the end of 1943 to $2,919 205 at tn,
end of 1914, the annual report re
Vealed.
Commonwealth g. Edison Corp
reduced publicly held bonds, note
and preferred stock of system com
panies by $29, ,437, 100 in 1914, making
a total cut of $58,717,750 in the las
years.
General Steel Castings Corp. wi
redeem $1,000,000 of 51a% frs
mortgage, series A bonds on July
at the call price of 1929. Bond
will be drawn by lot.
Chesapeake g. Ohio Railway re
ceived a high bid of 100.209 70
$2,500000 of 1%% equipment trus
certificates from Salomom Bros. {
Hutzler and associates. Reoferin
was planned at prices to yield .859
to 1.75%.
Baltimore & Ohio Railroad calle
for bids on $4,68o,00o equipmen
thrust certificates, dated June l, 1874
and maturing June /, 1916 to 1861
Bids must be in by noon, May "a.
Chicago e. North Western Raj
way was authorized by the &c,
to issue $6,180,000 of 1%qo equip
ment trust certificates to be sol
through Continental Illinois Ma
kiaual Bank & Trust Co. at 100.3