Evening star. [volume] (Washington, D.C.) 1854-1972, 1945-12-26
Business Briefs
Steel Mill Operations for /

Steel Mill Operations for the cur
rent week were scheduled at $3.50
of capacity, indicating production of
1,150,3 tons, the American Iron &,
Steel Institute reported. Figures last
week were 1870 and / $40, 300 tons; a
month ago, 1850 and 1,529, 400; a
year ago, 92.1To and 1,656,90
Employment in Is manufacturing
industries rose 0.8To in October after
1917 slump in September, the In
dustrial Conference Board an
nounced.
Output of Automotive Pneumatic
Castings in october were more than
$3.50 above the previous month while
shipments were up 26.89o, the Rub
Der Manufacturers Association dis
closed. Passenger tire production
totaled 3,627,221 units, while truck
and bus castings totaled 1,072,711.
General Electric Co. reported post
war production substantially behind
expectations with strikes among
parts suppliers major factor. APP
pliance division operations averaged
40% behind schedule.
Alaska Airlines, Inc, offering OF
$4,000 common shares was market
ed at 151a by underwriters headed
by R. H. johnson g. Co.
Tennessee Gas e. Transmission
Co. registered with the SEC an
undeterminate number of common
shares of S. par value, of which
$4,000 will be purchased by under
writer's for public offering at price
to be fixed by amendment.
Long Island Lighting Co. was
given SEC permission to withdraw
registration of proposed issue OF
$1,000 900 go promissory notes. 1t
was opposed by the New York Public
Service Commission.
Atchison, Topeka & Santa Fe
Railway system reported net in
come of S34 ,899, 702 in II months
endes November 80 VS.. So, 374977 in
the same 1914 period.
Eastern Gas e. Fuel Associate.
earned $3,421.176 or $6.18 on second
preferred stock in II months ended
November 80 VS.. $3,061 1878 or $5.2f
in the previous year
Missouri KanSas-TexaS Railroad
net for IL months ended November
80 was 1872 900 VS.. $3,802 ,215 ir
the same 1914 period.
Nashua Mfg. Co. earned 1913 ,30l
in IL months ended October 81 VS.
1862 300 in the previous year
Chain Belt Co. profit for Il
months ended October 81 was 1884,
O81 or SITS VS.. 1923 1863 or $1.70 ir
the preceding fiscal period.
Scranton-Spring Brook Water
Service Co. revised its amended re.
capitalization plan filed with the
SEC. The new change calls fol
Federal Water & Gas, parent firm
to offer to purchase all new com
mon stock to be issued in recapi.
talization.
White Motor Co. arranged to pur.
chase the Nottingham, Ohio, equip
ment works of General Electric CO
and plans to employ nearly 1,20'
persons there after reconversion.
Bell Aircraft Co. bomber plant a
Marietta, Ga, will be retained b,
the Army Air Forces, but will b,
leased for commercial purposes.
Adam Hat Stores will establish
agencies and sales representatives IL
all key European markets in add
ton to its domestic expansion pro
gram.
Institute Of Aeronautical Science,
will install Arthur E. Raymond, vic,
president of Douglas Aircraft, a!
president at the annual meetinf
January %.
Tide Water Associated Oil Co
appointed DR.. L. w. Parsons export
sales manager of its Eastern divi.
sion. He headed the firms Wash.
ington office during the war.
Baltimore g. Ohio Railroad an.
pointed DR.. Fuller Nance medica
and surgical director to succeed thu
late DR.. E. v. Milholland.