Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-05-07
Business Briefs

Steel Mill Operations for the cur
rent week were scheduled at 95.1%
OF capacity, indicating production OF
l,741 300 net tons, the American Iron
and Steel Institute reported. Fig
ures last week were 95.8% and
l,754,7OO tons, month ago, 943Go
and l,72S,l00; year ago, 994ec and
l.780,500
Southern Construction in April
amounted to 104,0500O0, a gain of
1879 over the same 1914 month, the
Manufacturers Record announced
Capital Investments averaging
s28,000000,000 a year will be re-
lulred for new American capital
equipment from 1916 to 1860, the
twentieth Century Fund estimated
Cotton Textile BacklOgs have
reached a point that it will take at
least two years after VI day to fill
all OF the orders, according to an
Associated Press survey of the trade.
Securities Marketed Today includ-
ed: 65,323 common shares Link Belt
Co. at 491a 247,140 common shares
Of Gibson Refrigerator Co. at 1874.
North American Co. amended its
application to the SEC for approval
of sales of 100000 common shares OF
Pacific Gas & Electric. The shares
will be sold at competitive bidding
Bids will be opened May %.
Hewitt Rubber Corp. registered
with the SEC 10000 common
shares, of which 10000 would be
exchanged for common stock of
Robins Conveyors, Inc and the re-
mainder offered publicly.
Coca Cola Co. profit for the
March quarter was S3.443. 760 or "a
cents a share VS.. s3,888,067 or 81
cents on fewer shares in the same
1914 period
Revere Copper & Brass, Inc,
earned $709,359 or As cents in the
March quarter VS.. $433 300 or 81
cents year ago.
Union Bag & Paper Corp. net
for the quarter was $3.50, 637 or AZ
cents VS.. $423,236 or 80 cents in the
same 1914 period.
Sunray Oil Corp. earned S413,823
in the quarter VS.. s364,639 a year
ago.
Deep Rock Oil Corp. net for the
quarter was S373,352 or SO cents VS..
$380,680 or IS cents in the same
1914 period
Federal Mining e. Smelling Co.
earned S382,711 or S155 in the quar-
ter VS.. $362,1 or STAT a year ago.
kresge Department Stores profit
for So weeks ended February 5 was
$3.50. l02 or SO cents VS. S214,454 or SO
cents in the preceding 52-week
period.
AnheuSer Busch, Inc, earned S.
$50, 1853 or 1923 in 1914 VS.. s6.O81 ,78o
or S6.76 in 1913.
Byron Jackson Co. profit for the
March quarter was $204. 582 or 81
cents VS. $145 ,258 or 80 cents in the
same 1914 period.
Hotel Waldorf Astoria Corp, net
for the quarter was s159,929 VS..
$184,333 in the same period last
year.
johnson g. Johnson earned So
028,049 or 1922 in 1914 VS.. So. 203. 1854
or $le.S8 on fewer shares ip the pre-
ceding fiscal period.
+. W.. WoOlworth Co. sales in
April totaled $33,619,690, a drop of
11.1R from year ago; in four
InoHtnS, SlSS,ol9,olb, an increase OF
5.1%.
st. Louis San Francisco Railway
filed notice it would appeal Fed
eral Court order approving the ICC
plan for reorganization.
William Whitman Co. announced
that holders of very large majority
OF the firms stock signed a contract
in April to sell their shares to Al
bert Realty g. Warehouse Corp. of
Cleveland
Bell Telephone Laboratories, Inc,
will double its laboratory at Murray
Hill, N. j., as soon as war condi-
tons permit. The present labora-
tory cost $500, 900.
st. Louis, Southwestern Railway
elected Daniel Upthegrove president.