Evening star., 1945-10-22
Business Briefs
Steel Mill Operations for The cl


rent week were scheduled at 65 15To
Of capacity, indicating production
of 1872, 400 tons, the American Iron
& Steel Institute reported. Figures
last week were 66.3% and 1914, 400
tons; month ago, 1857 and / ,531,- =
200; year ago, 963%o and 1872 400
Chicago, Burlington & Quincy Rail-
road invited bids by Friday on $685.
100000 of new first and refunding
mortgage bonds, due 1885, to finance
retirement of 315 % and 334eo bonds
Montana Power Co. received a
high bid of 10O.2799 for $40, ,O00, 900
OF first mortgage 27s9o bonds from
Halsey, Stuart & Co. and associates.
Reodering was planned at 101.
Florida Power Corp. received a
high bid of $162601 a share for 539,-
240 common shares from Kidder,
Peabody & Co. The offering in
cluded 1888 for the account of
General Gas & Electric, parent
company.
A. Hollander g. Son, Inc, declared
a so stock dividend and the usual
quarterly dividend of 25 cents, both
payable December IT.
Wieb0Idt Stores, Inc, stockholders
approved issuance of $4,000 shares
of new cumulative preferred stock
and authorized 100000 additional
common shares.
Pacific Telephone & Telegraph
Co. arranged to borrow $5S, 400, 900
A o.
Hercules Powder Co. earned $4,-
096,18 or $2.81 a share in 9 months
ended September 80 VS.. S3,527 ,948 or
$2.38 year ago.
Southern Bell Telephone e. TeIe-
graph Co. net for 9 months ended
September 80 was $9,288,l62 VS.. So
BOT OPT in the same 1914 period.
Gardner-Denver Co. earned S651,-
SAT or S103 in months ended Sep
tember 80 VS.. $783, 1874 or slips a year
ago.
Thatcher Mfg. Co. profit for 9
months ended September 80 was
$336.175 or Is cents VS.. $485 BAT or
S1.15 in the same 1914 period.
Interstate Bakeries Corp. earned
1888 $40 or 1851 preferred share in
40 weeks ended October 6 VS.. S276,-
1913 or $4.09 year ago.
i Northwest Airlines profit for Il
months ended June 80 was $727, ,714
or s1.35 VS.. S5I7,889 or SI.45s in the
preceding fiscal period.
Jewel Tea Go. sales for weeks
ended October 6 totaled $5,054, ,916
q gain of 8.3% from year ago;
for 40 weeks ended the same date
S45 1854 ,459 or an increase of 1872,
Industrial Rayon Corp. sold to
Courtaulds, Ltd, patents issued by
Great Britain and European coun-
tries covering Industrial Rayons
continuous process for making Wis
oose rayon yarn.
American Chain & Cable Corp.
acquired the business of the Certi-
fed Gauge & Instrument Corp.
Standard Oil Co. New Jersey
announced its subsidiary, Carter Oil
Co., had acquired the stock of
Powerine Co., independent distrib-
utor in the Rocky Mountain area.
Bausch e. Lomb Optical Co.
launched a $6,000,0 900 expansion
program to meet postwar demand
The firm spent $6,200,000 for war;
tarf1e expansion.
American Stove Co. will conduct
an $4,000 Magic Chef gas range
design contest starting in Novem-
Der. The public will be invited tc
submit designs.
Colorado Fuel g. Iron Corp. will
elect E. Perry Holder president tc
succeed w. A. Maxwell, the Denver
Host said. Mr. Holder has beer
president of Wickwire- Spencer Steel
90.
Schenley DistilIers Corp. elected
DIR. Frank T. Hypps director of mar
keting research.
Lincoln Electric Co. elected H. F
Kneen vice president in charge o1
manufacturing and G. G.. Lands
vice president in charge of engineer.
pg.