Evening star., 1945-02-26
Business Briefs
Steel Mill Operations for tn.

Steel Mill Operations for the cur
rent week were scheduled at 94.6%
OF capacity, indicating production
OF I,732, 700 tons, the American Iron
81 Steel Institute announced. Fig
ureS last week were 96.4eo and l.
765.70o tons; month ago, 88.7%
and 1,625 200; year ago, 97.5%o and
1746,500.
Rural Electric Service will be ex-
pAnded sharply by private utilities
at an estimated cost of $3.50 900, ,OOC
Id the first three postwar years, de-
clared President c. w. Kellogg OF
The Edison Electric Institute.
Railway Net Incomes for January
and a year ago: Norfolk & Western
s1,782,626 VS.. $1,7e2,7l0; st. Paul
S798,265 VS.. $1,175,575; Western
Maryland, $347.754 VS.. $515,s33.
continental Can Co. registered
with the SEC 10000 preferred
shares to finance postwar improve.
nlents. -.
sPere Marquette Railway was au.
thorized by the ICC to issue $50,.
100000 of first mortgage 3ss % series
c. bonds to be sold at 99,71 % of PAL
and interest for refunding purposes
Marshall Field r. Co. stockholder.
approved two amendments to it.
articles Of incorporation, one a re.
capitalization plan involving is.
suance of 100000 new preferred
shares to replace present preferred
the other broadening of the OBJ
jecttves and purposes for which the
.irm was organized.
Sun Oil Co. earned $13,350,217 OF
lis q share in 1914 VS.. $13,353 ,524
I $4.56 on fewer shares in 1943.
Hazel-Atlas Glass Co. net fo1
944 was S2,315,919 or $5.33 VS.. $2.:
1895 or $6.38 in the previous year
Woodward Iron Co. earned $843,-
Z or $2.49 in 1914 VS.. $1,000, ,472 OF
in 1943.
Lukens Steel Co. net for Il
onths ended October 7 was $6S2,
Il or $2.15 VS.. $1,317,2 ,281 or $411
the preceding fiscal period.
Byron Jackson Co. earned $672,-
3 or SLIT in 1914 vs. $76o, 1894 OF
'0l in 1913.
Chain Belt Co. net for 10 months
.ded January 81 was $781 ,561 ol
81 VS.. $859, ,870 or $1.76 in the pre-
us fiscal period.
'1luett, Peabody 4 Co. earned ST.
.253 or $251 in 1914 VS.. 81, ,292, ,3lt
s3.03 in 1943. -
cutler Brothers profit for 1914 was
j66,6l8 or $1.01 VS.. $1,646,539 OF
8 In the previous year.
'ennroad Corp. earned 81 ,636, PIE
u cents in 1914 VS.. $1,934, ,728 OF
cents in 1943.
;ervel, Inc, net for 3 month.
ded January 81 was $429, ITO OF
cents VS.. $466, 1858 or ~ cents q
ar ago.
L. A. Young Spring e. Wire Corp
oft for months ended January
Il was $510,424 or SIPS VS.. $744,2 ,23!
rr $1.82 in the seme period a yeal
earlier.
American Cyanamid Co. pur.
chased an S0o-acre factory site
near st. Marys, w. Va.
Pennsylvania Central Airlines an.
nounced SO discount in passenger
rates for all holders Of travel card,
and Government employees on ON
ciaI business, effective March Is.
Otis 4 Co. asked the United State
Supreme Court for q rehearing Of
its recent decision which upheld $
liquidation plan for United Light q
Power Go.
Enxineers Public Service Co. asked
SEC approval Of its proposed sale ol
ali interest in Savannah Electric &
Power Co. to Donner Estate, Inc.
for $3.3e7 500.
M. il. Hanna Co. acquired q large
stock interest in Evergreen MiAe.
Co. Of Crosby, Mimi, and viii op.
crate its mines.
M0ntana Power Co. was ordered
by the FPC to eliminate $51 ,90O, ,00(
Of write-ups and other charge,
d6emed improper In plant accounts