Evening star., 1945-07-23
Business Briefs

Steel Mill operations lOI Ile C0l
rent week were scheduled at 9O7%o
of capacity, indicating production OF
1861 800 tons, the American Iron
& Steel Institute reported. Figures
last week were 1880 and 1874 300
tons; a month ago, 91.5% and
1,675 900; a year ago, $3.50 and
1,717, 300.
New Securities Marketed Today
included: 100000 shares of Admiral
Corp. common stock at 1213; 3,147
shares of Champion Paper g. Fibre
Co. $3.50 preferred stock at 105.
American Telephone G. Telegraph
Co., awarded SITS, 100000 of ~ per
cent debentures at 99.559 to Morgan
Stanley & Co. and associates. Two
hours after re-offering at 100 and
interest, the books we're closed. The
company hoped for higher bid,
said an official, but financial quart
ers were not surprised in view OF
the size of the undertaking.
Pacific Mills Co. declared a dlvl-
dend of rs cents common share,
payable September Is. Previous
Quarterly payment was so cents.
Net for 6 months ended June 80
was $l,069,811 or $2.70 a share VS.
1888 ,842 or $3.50 in the same 1874
period.
Union Carbide g. Carbon Corp,
earned $10,009, ,480 or $108 a share
in 3 months ended June 80 VS.. So
122 1877 or SO cents year ago.
Standard Brands, Inc, profit for
& months ended June 80 was $4,-
94o.023 or $142 VS.. $4,154 ,603 or
SLIT in the same 1914 period.
Texas Gulf Sulphur Co. earned
S2569,618 or 81 cents in 8 months
ended June 80 VS.. $2,472,418 or 64
cents a year ago.
Hecules Powder Co. net for 6
months ended June 80 was $2,898, ,767
or 81 VS.. $2,182,174 or $146 in the
same 1914 period.
Christiana Securities Co. earned
1926 .568 or $4534 in months
ended June 80 VS.. $7,332,63t or
$45.38 year ago.
American Brake Shoe Co. net for
6 months ended June 30 was 81 ,347,-
992 or $1.37 VS.. $1,239 ,29S or $1.28 in
the same 1914 period.
Westinghouse Air Brake Co. earned
s1,214,426 or 38 cents in months
ended. June 80 VS.. 81 ,355 1854 or AZ
cents year ago.
Sharon Steel Corp. net for 6
months ended June 80 was $3.50, ,553
or $1.32 VS.. SCOTIA or 40 cents in
the same 1914 period.
Copperweld Steel Co. earned $475,-
$50 or "a cents in 6 months ended
June 80 VS.. $298,060 or 49 cents a
year ago.
l3ese- Wiles Biscuit Co. net for six
months ended June 80 was $1,159,-
963 or $227 VS.. 1891 ,443 or $194 in
the same 1914 period.
Cutler Hammer, Inc, earned
1854, ,374 or SO cents in the first halt
VS.. $677,628 or SLAB a year ago.
Gardner-Denver Co. net for the
half was $467, ,265 or rs cents VS.
$5l2,757 or 81 cents in the same 1914
period.
Sloss-Sheffield Steel a. Iron Co
earned $267, ,128, or 36 cents In {
months ended June 80 VS.. $342, ,155
or 81 cents in the first half Of 1914
Norfolk Southern Railway net in
come for five months ended May 81
was $40,4i8 VS.. $48,l51 in the same
1914 period.
American Car g. Foundry Co. re.
ceived an order for So streamlinec
railroad passenger cars from the
Missouri Pacific and another for II
passenger cars from the Alton.
Fairchild Engine g. Airplane Corp
announced its new C-82 Packet cargo
plane will have the lowest direct
operating costs Of any two or foul
engine transport in cargo operation
for nonstop trips up to 500 miles.
Chesapeake g. Ohio Railwa,
placed an order with Edward G
Budd Manufacturing Co. for twt
streamlined stainless steel trains fol
postwar service between Washington
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