Evening star., 1945-02-13
Business Briefs

Steel Mill Operations for the cur.
rent week were scheduled at 928%
of capacity, indicating production o1
1,673,0 900 tons, the American Iron &
Steel Institute announced. Figures
last week were 89.3% and 1,610,80C
tons; a month ago, 1861 and l.
e8s 400; . year ago, s77To and l.
10000.
Income Payments to individual.
set new record Of s156,777 ,000, ,00t
in 1914, compared with q previou,
high mark of $l43, ,134 900 600 set ir
1943, the Commerce Department es.
tin1ated.
Retail Sales in 1914 reached $69,.
275 900, 900, highest in history, ant
go above $63,680, 100000 spent il
l943, the department also reported.
United States Steel Corp. snip
ments of finished steel products il
January totaled 1,569.115 net ton
VS.. 1,767 500 in the previous month
and 1,730.787 a year earlier,
Potomac Edison Co. directors ar,
considering plan to refinance Sc
and To preferred stocks. New
shares will be offered first to presen
holders.
Sherwin Williams Co. offeret
holders new 40 preferred shares fol
present SO stock on a share-for
share basis. Unexchanged SO shares
will be called for redemption at los
Montgomery Ward & Co. sales fol
January totaled s4,635 ,255, a gair
of 27.4eo over a year ago; for l.
months ended January 81, 1868 .519,.
3l6, rise of 4.6oo from the previou:
year.
Deere g. Co. earned $l0,77e,41 OF
S2.86 a share in - months ended
October 81 VS.. $11 ,637 1854 or $3.15 in
the previous year.
Kroger Grocery & Baking Co.
net for 1914 was $5,144, ,399 or $3.50
VS.. s5,009,228 or S272 in 1943.
Elastic Stop Nut Corp. earned
81 .122 ,043 or $2.25 in 1914 VS.. 81 1854, =
3l4 or S405 in the previous year.
Lone Star Gas Corp. net for 1914
was s4,953. .051 or 80 cents VS.. $4,241,-
331 or n cents in 1943.
Nehi Corp. earned $1,024,355 OF
"a cents in 1914 VS.. 81 ,054, ,128 or 81
cents in the preceding year
Jewel Tea Co. net for 1914 was
1892 ,581 or s2.12 VS.. s1,155,833 OIL
s169 in 1943.
Cushman's Sons, Inc. earned
s574,747 or $233 in IL months ended
December 80 VS.. 1896 ,673 or $27!
in the preceding fiscal period.
Chicago Flexible Shaft Co. net TO
1914 was $1,172,424 or $217 VS.. 81,
155,237 or S6.42 on fewer shares II
1943.
Archer Daniels Midland Co
earned $l,383,508 or $3.50 in
months ended December 81 VS.. ST.,
55,289 or 1888 in the same 1874
period.
Thatcher Mfg. Co. net for 1914 wa
$460,42 or SO cents VS.. 1886. .562 or 81
cents in the previous year
United Corp. earned $5,015,872 ol
S3.67 on SO preference shares IL
1914 VS.. $3,948,799 or s159 a pref.
erence share in 1943.
American Can Co. estimated post.
war employment in its Baltimor,
factories would be about 400 abov,
prewar levels and 20%o above 1874.
figures.
Majestic Radio & Television Corr
organized new subsidiary, Males
tic Records, Inc, with a plant il
Newark, N. j., as step toward ex
pansion into allied fields after tn
war.
Columbia Pictures Corp. an
nounced 21a % common stock divi
dend, payable in common stock
will be distributed May 8.
Viking Pump Co. declared a divi
dend of Is cents a common share
payable March Is. Previous quar-
terly. payments were so cents.
b. r. Goodrich Co. appointe,
William e. Ireland manager of re
placement passenger car tire sale,
He has been on loan to the WPB a
chief Of the agency's tire and tub
,nroduction division.